Gunma Bank,Ltd.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Gunma Bank,Ltd. reported 32 stock positions worth $242.9 million. Its top holding was iShares 3-7 Year Treasury Bo (IEI) at 6.4% of the portfolio, followed by iShares 7-10 Year Treasury B (IEF, 6.1%) and Vanguard Intermediate-Term T (VGIT, 4.8%). Compared with Q2 2024, it opened 10 new positions, added to 16 and reduced 4. The biggest buy was a new position in SS SPDR S&P Dividend ETF (SDY) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −24%).
- Most Recent 13F
- Q3 2025
- Location
- GUNMA, M0
- CIK
- 0001549449
- Portfolio Value
- $242.9M (Q3 2024)
- SEC Filing
- 0001549449-24-000006 ↗ filed Nov 7, 2024
Holdings Value
Holdings 32 stocks · $242.9M
| IEI iShares 3-7 Year Treasury Bo | 6.40% | 130,000 | $15.5M | Add +188.9% |
| IEF iShares 7-10 Year Treasury B | 6.06% | 150,000 | $14.7M | Add +150.0% |
| VGIT Vanguard Intermediate-Term T | 4.85% | 195,000 | $11.8M | Add +39.3% |
| SHY iShares 1-3 Year Treasury Bo | 4.11% | 120,000 | $10.0M | Add +50.0% |
| IDV iShares International Select | 4.03% | 323,770 | $9.8M | Add +34.9% |
| SDY SS SPDR S&P Dividend ETF | 3.92% | 67,000 | $9.5M | New |
| HDV iShares Core High Dividend E | 3.82% | 79,000 | $9.3M | New |
| SHV iShares 0-1 Year Treasury Bo | 3.64% | 80,000 | $8.8M | Add +60.0% |
| VYMI Vanguard Int High DVD YLD Inc. | 3.57% | 118,000 | $8.7M | Add +47.5% |
| VLUE iShares MSCI USA Value Facto | 3.50% | 78,000 | $8.5M | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.38% | 47,000 | $8.2M | Add +56.7% |
| DVY iShares Select Dividend ETF | 3.17% | 57,000 | $7.7M | Add +185.0% |
| VYM Vanguard High DVD Yield ETF | 3.17% | 59,981 | $7.7M | New |
| SCHI Schwab 5-10 Year Corporate B | 3.13% | 165,000 | $7.6M | Add +50.0% |
| VCIT Vanguard Int-Term Corporate | 3.10% | 90,000 | $7.5M | No change |
| NOBL Proshares S&P 500 Dividend A | 3.08% | 70,000 | $7.5M | Add +12.6% |
| SPHD Invesco S&P 500 High Dividen | 3.02% | 145,000 | $7.3M | Reduce -23.7% |
| IGIB iShares 5-10Y Inv Grade Corp. | 2.87% | 130,000 | $7.0M | No change |
| SCHD Schwab US DVD Equity ETF | 2.78% | 80,000 | $6.8M | Reduce -23.8% |
| GNR State Street SPDR S&P Global | 2.73% | 115,000 | $6.6M | Add +15.0% |
| XLE SS Energy Select Sector | 2.71% | 75,000 | $6.6M | New |
| VDE Vanguard Energy ETF | 2.57% | 51,000 | $6.2M | Add +104.0% |
| DGRO iShares Core Dividend Growth | 2.55% | 99,000 | $6.2M | New |
| XLV SS Health Care Select Sector | 2.54% | 40,000 | $6.2M | New |
| SPIB SS SPDR P Int C Corp. ETF | 2.50% | 180,000 | $6.1M | Add +63.6% |
| XLP SS Consumer Staples Sel Sect | 2.44% | 71,316 | $5.9M | New |
| SCHV Schwab US Large-Cap Value | 2.38% | 72,000 | $5.8M | Add +44.0% |
| VPU Vanguard Utilities ETF | 2.15% | 30,000 | $5.2M | Reduce -14.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 2.10% | 97,000 | $5.1M | New |
| SPYV SS SPDR P S&P 500 Value ETF | 1.59% | 73,000 | $3.9M | Add +46.0% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 1.41% | 75,000 | $3.4M | Reduce -34.8% |
| IVE iShares S&P 500 Value ETF | 0.73% | 9,000 | $1.8M | New |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
| SDY SS SPDR S&P Dividend ETF | New | 3.92% | +3.92 |
| HDV iShares Core High Dividend E | New | 3.82% | +3.82 |
| VLUE iShares MSCI USA Value Facto | New | 3.50% | +3.50 |
| VYM Vanguard High DVD Yield ETF | New | 3.17% | +3.17 |
| XLE SS Energy Select Sector | New | 2.71% | +2.71 |
| DGRO iShares Core Dividend Growth | New | 2.55% | +2.55 |
| XLV SS Health Care Select Sector | New | 2.54% | +2.54 |
| XLP SS Consumer Staples Sel Sect | New | 2.44% | +2.44 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 2.10% | +2.10 |
| IEI iShares 3-7 Year Treasury Bo | Add +188.9% | 6.40% | +2.07 |
| IEF iShares 7-10 Year Treasury B | Add +150.0% | 6.06% | +1.37 |
| DVY iShares Select Dividend ETF | Add +185.0% | 3.17% | +1.15 |
| IVE iShares S&P 500 Value ETF | New | 0.73% | +0.73 |
| VDE Vanguard Energy ETF | Add +104.0% | 2.57% | −0.09 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +46.0% | 1.59% | −0.44 |
| SPIB SS SPDR P Int C Corp. ETF | Add +63.6% | 2.50% | −0.49 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +56.7% | 3.38% | −0.63 |
| SCHV Schwab US Large-Cap Value | Add +44.0% | 2.38% | −0.71 |
| SCHI Schwab 5-10 Year Corporate B | Add +50.0% | 3.13% | −0.91 |
| SHV iShares 0-1 Year Treasury Bo | Add +60.0% | 3.64% | −0.96 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +47.5% | 3.57% | −1.00 |
| SHY iShares 1-3 Year Treasury Bo | Add +50.0% | 4.11% | −1.34 |
| IDV iShares International Select | Add +34.9% | 4.03% | −1.51 |
| NOBL Proshares S&P 500 Dividend A | Add +12.6% | 3.08% | −1.91 |
| GNR State Street SPDR S&P Global | Add +15.0% | 2.73% | −1.93 |
| VGIT Vanguard Intermediate-Term T | Add +39.3% | 4.85% | −1.95 |
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 |