Gunma Bank,Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 29, 2025), Gunma Bank,Ltd. reported 33 stock positions worth $302.8 million. Its top holding was Vanguard Intermediate-Term T (VGIT) at 7.6% of the portfolio, followed by iShares 7-10 Year Treasury B (IEF, 6.4%) and iShares 0-1 Year Treasury Bo (SHV, 6.2%). Compared with Q3 2024, it opened 2 new positions, sold out of 1, added to 19 and reduced 11. The biggest buy was Vanguard Intermediate-Term T (VGIT, shares +103%) and the biggest sale an exit from SS Health Care Select Sector (XLV).
- Most Recent 13F
- Q3 2025
- Location
- GUNMA, M0
- CIK
- 0001549449
- Portfolio Value
- $302.8M (Q4 2024)
- SEC Filing
- 0001549449-25-000001 ↗ filed Jan 29, 2025
Holdings Value
Holdings 33 stocks · $302.8M
| VGIT Vanguard Intermediate-Term T | 7.57% | 395,000 | $22.9M | Add +102.6% |
| IEF iShares 7-10 Year Treasury B | 6.41% | 210,000 | $19.4M | Add +40.0% |
| SHV iShares 0-1 Year Treasury Bo | 6.18% | 170,000 | $18.7M | Add +112.5% |
| IEI iShares 3-7 Year Treasury Bo | 5.72% | 150,000 | $17.3M | Add +15.4% |
| SHY iShares 1-3 Year Treasury Bo | 5.55% | 205,000 | $16.8M | Add +70.8% |
| SCHI Schwab 5-10 Year Corporate B | 4.23% | 580,000 | $12.8M | Add +75.8% |
| IGIB iShares 5-10Y Inv Grade Corp. | 4.08% | 240,000 | $12.4M | Add +84.6% |
| VCIT Vanguard Int-Term Corporate | 3.34% | 126,000 | $10.1M | Add +40.0% |
| XLP SS Consumer Staples Sel Sect | 3.12% | 120,249 | $9.5M | Add +68.6% |
| VPU Vanguard Utilities ETF | 3.06% | 56,624 | $9.3M | Add +88.8% |
| VYMI Vanguard Int High DVD YLD Inc. | 2.87% | 128,000 | $8.7M | Add +8.5% |
| HDV iShares Core High Dividend E | 2.78% | 75,000 | $8.4M | Reduce -5.1% |
| SPIB SS SPDR P Int C Corp. ETF | 2.70% | 250,000 | $8.2M | Add +38.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 2.68% | 107,300 | $8.1M | New |
| IGSB iShares 1-5Y Inv Grade Corp. | 2.68% | 157,000 | $8.1M | Add +61.9% |
| GNR State Street SPDR S&P Global | 2.60% | 158,000 | $7.9M | Add +37.4% |
| IDV iShares International Select | 2.40% | 265,000 | $7.3M | Reduce -18.1% |
| SPHD Invesco S&P 500 High Dividen | 2.31% | 145,000 | $7.0M | No change |
| VLUE iShares MSCI USA Value Facto | 2.27% | 65,000 | $6.9M | Reduce -16.7% |
| SDY SS SPDR S&P Dividend ETF | 2.24% | 51,300 | $6.8M | Reduce -23.4% |
| VYM Vanguard High DVD Yield ETF | 2.15% | 51,000 | $6.5M | Reduce -15.0% |
| IVE iShares S&P 500 Value ETF | 2.14% | 34,000 | $6.5M | Add +277.8% |
| DGRO iShares Core Dividend Growth | 2.13% | 105,000 | $6.4M | Add +6.1% |
| DVY iShares Select Dividend ETF | 2.12% | 49,000 | $6.4M | Reduce -14.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.12% | 38,000 | $6.4M | Reduce -19.1% |
| SCHD Schwab US DVD Equity ETF | 2.12% | 235,000 | $6.4M | Reduce -2.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.11% | 125,000 | $6.4M | Add +71.2% |
| VDE Vanguard Energy ETF | 2.08% | 52,000 | $6.3M | Add +2.0% |
| SCHV Schwab US Large-Cap Value | 2.07% | 240,000 | $6.3M | Add +11.1% |
| XLE SS Energy Select Sector | 2.06% | 73,000 | $6.3M | Reduce -2.7% |
| EWA iShares MSCI Australia ETF | 2.05% | 260,000 | $6.2M | New |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 1.03% | 72,000 | $3.1M | Reduce -4.0% |
| NOBL Proshares S&P 500 Dividend A | 1.02% | 31,000 | $3.1M | Reduce -55.7% |
Portfolio Sells Q3 2024 → Q4 2024
| XLV SS Health Care Select Sector | Sold out | 0.00% | −2.54 |
| NOBL Proshares S&P 500 Dividend A | Reduce -55.7% | 1.02% | −2.06 |
| SDY SS SPDR S&P Dividend ETF | Reduce -23.4% | 2.24% | −1.68 |
| IDV iShares International Select | Reduce -18.1% | 2.40% | −1.63 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -19.1% | 2.12% | −1.25 |
| VLUE iShares MSCI USA Value Facto | Reduce -16.7% | 2.27% | −1.23 |
| DVY iShares Select Dividend ETF | Reduce -14.0% | 2.12% | −1.04 |
| HDV iShares Core High Dividend E | Reduce -5.1% | 2.78% | −1.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -15.0% | 2.15% | −1.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -2.1% | 2.12% | −0.66 |
| XLE SS Energy Select Sector | Reduce -2.7% | 2.06% | −0.65 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Reduce -4.0% | 1.03% | −0.38 |
Portfolio Buys Q3 2024 → Q4 2024
| VGIT Vanguard Intermediate-Term T | Add +102.6% | 7.57% | +2.72 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 2.68% | +2.68 |
| SHV iShares 0-1 Year Treasury Bo | Add +112.5% | 6.18% | +2.54 |
| EWA iShares MSCI Australia ETF | New | 2.05% | +2.05 |
| SHY iShares 1-3 Year Treasury Bo | Add +70.8% | 5.55% | +1.44 |
| IVE iShares S&P 500 Value ETF | Add +277.8% | 2.14% | +1.41 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +84.6% | 4.08% | +1.21 |
| SCHI Schwab 5-10 Year Corporate B | Add +75.8% | 4.23% | +1.09 |
| VPU Vanguard Utilities ETF | Add +88.8% | 3.06% | +0.91 |
| XLP SS Consumer Staples Sel Sect | Add +68.6% | 3.12% | +0.69 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +61.9% | 2.68% | +0.58 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +71.2% | 2.11% | +0.52 |
| IEF iShares 7-10 Year Treasury B | Add +40.0% | 6.41% | +0.35 |
| VCIT Vanguard Int-Term Corporate | Add +40.0% | 3.34% | +0.24 |
| SPIB SS SPDR P Int C Corp. ETF | Add +38.9% | 2.70% | +0.21 |
| GNR State Street SPDR S&P Global | Add +37.4% | 2.60% | −0.13 |
| SCHV Schwab US Large-Cap Value | Add +11.1% | 2.07% | −0.32 |
| DGRO iShares Core Dividend Growth | Add +6.1% | 2.13% | −0.43 |
| VDE Vanguard Energy ETF | Add +2.0% | 2.08% | −0.49 |
| IEI iShares 3-7 Year Treasury Bo | Add +15.4% | 5.72% | −0.68 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +8.5% | 2.87% | −0.70 |
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 |