Gunma Bank,Ltd.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Gunma Bank,Ltd. reported 25 stock positions worth $189.9 million. Its top holding was iShares Select Dividend ETF (DVY) at 6.5% of the portfolio, followed by iShares Core Dividend Growth (DGRO, 6.4%) and SS Consumer Staples Sel Sect (XLP, 6.0%). Compared with Q4 2023, it opened 5 new positions, sold out of 1, added to 12 and reduced 3. The biggest buy was a new position in Proshares S&P 500 Dividend A (NOBL) and the biggest sale Vanguard High DVD Yield ETF (VYM, shares −57%).
- Most Recent 13F
- Q3 2025
- Location
- GUNMA, M0
- CIK
- 0001549449
- Portfolio Value
- $189.9M (Q1 2024)
- SEC Filing
- 0001549449-24-000003 ↗ filed Apr 24, 2024
Holdings Value
Holdings 25 stocks · $189.9M
| DVY iShares Select Dividend ETF | 6.49% | 100,000 | $12.3M | Add +73.9% |
| DGRO iShares Core Dividend Growth | 6.42% | 210,000 | $12.2M | Add +121.0% |
| XLP SS Consumer Staples Sel Sect | 6.03% | 150,000 | $11.5M | Add +66.7% |
| XLE SS Energy Select Sector | 5.97% | 120,000 | $11.3M | Add +36.4% |
| IDV iShares International Select | 5.91% | 400,000 | $11.2M | Add +244.8% |
| NOBL Proshares S&P 500 Dividend A | 5.66% | 106,000 | $10.7M | New |
| VDE Vanguard Energy ETF | 5.62% | 81,000 | $10.7M | Add +55.8% |
| VLUE iShares MSCI USA Value Facto | 5.53% | 97,000 | $10.5M | Add +340.9% |
| HDV iShares Core High Dividend E | 5.51% | 95,000 | $10.5M | Add +31.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 5.36% | 155,000 | $10.2M | Add +47.6% |
| VPU Vanguard Utilities ETF | 5.18% | 69,000 | $9.8M | Add +40.8% |
| SCHD Schwab US DVD Equity ETF | 5.10% | 120,000 | $9.7M | New |
| SPHD Invesco S&P 500 High Dividen | 4.44% | 190,000 | $8.4M | Add +46.1% |
| VNQ Vanguard Real Estate ETF | 4.33% | 95,000 | $8.2M | No change |
| SCHV Schwab US Large-Cap Value | 4.00% | 100,000 | $7.6M | New |
| SDY SS SPDR S&P Dividend ETF | 3.80% | 55,000 | $7.2M | New |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 3.75% | 175,000 | $7.1M | Add +133.3% |
| REET iShares Global REIT ETF | 1.87% | 150,000 | $3.6M | No change |
| VYMI Vanguard Int High DVD YLD Inc. | 1.81% | 50,000 | $3.4M | Reduce -39.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.72% | 20,000 | $3.3M | Reduce -23.1% |
| IYR iShares US Real Estate ETF | 1.47% | 31,000 | $2.8M | No change |
| VYM Vanguard High DVD Yield ETF | 1.27% | 20,000 | $2.4M | Reduce -56.5% |
| USRT iShares Core US REIT ETF | 0.99% | 35,000 | $1.9M | No change |
| ICF iShares Select U.S. REIT ETF | 0.97% | 32,000 | $1.8M | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.79% | 30,000 | $1.5M | New |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| NOBL Proshares S&P 500 Dividend A | New | 5.66% | +5.66 |
| SCHD Schwab US DVD Equity ETF | New | 5.10% | +5.10 |
| SCHV Schwab US Large-Cap Value | New | 4.00% | +4.00 |
| SDY SS SPDR S&P Dividend ETF | New | 3.80% | +3.80 |
| VLUE iShares MSCI USA Value Facto | Add +340.9% | 5.53% | +3.38 |
| IDV iShares International Select | Add +244.8% | 5.91% | +2.76 |
| DGRO iShares Core Dividend Growth | Add +121.0% | 6.42% | +1.47 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +133.3% | 3.75% | +0.91 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.79% | +0.79 |
| DVY iShares Select Dividend ETF | Add +73.9% | 6.49% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Add +66.7% | 6.03% | −0.24 |
| VDE Vanguard Energy ETF | Add +55.8% | 5.62% | −0.29 |
| SPHD Invesco S&P 500 High Dividen | Add +46.1% | 4.44% | −0.89 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +47.6% | 5.36% | −1.08 |
| XLE SS Energy Select Sector | Add +36.4% | 5.97% | −1.18 |
| VPU Vanguard Utilities ETF | Add +40.8% | 5.18% | −1.32 |
| HDV iShares Core High Dividend E | Add +31.9% | 5.51% | −1.59 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 31 | $319.4M | IEF, VGIT, SHY, IEI, SHV |
| Q2 2025 | 30 | $306.3M | IEF, VGIT, SHV, IEI, SHY |
| Q1 2025 | 33 | $310.5M | IEF, VGIT, SHV, IEI, SHY |
| Q4 2024 | 33 | $302.8M | VGIT, IEF, SHV, IEI, SHY |
| Q3 2024 | 32 | $242.9M | IEI, IEF, VGIT, SHY, IDV |
| Q2 2024 | 22 | $120.0M | SPHD, SCHD, VGIT, VCIT, IGIB |
| Q1 2024 | 25 | $189.9M | DVY, DGRO, XLP, XLE, IDV |