Hikari Power Ltd

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Hikari Power Ltd reported 63 stock positions worth $1.2 billion. Its top holding was Berkshire Hathaway Class A (BRK.A) at 47.5% of the portfolio, followed by Linde (LIN, 6.1%) and Visa Class A (V, 4.5%). Compared with Q1 2025, it opened 3 new positions, added to 5 and reduced 11. The biggest buy was a new position in Ishrs Prime MMKT ETF (PMMF) and the biggest sale Fortive (FTV, shares −88%).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001606152
Portfolio Value
$1.2B (Q2 2025)
SEC Filing
0001606152-25-000003 ↗ filed Aug 1, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.2B $1.2B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $854.5M Q2 2026

Holdings 63 stocks · $1.2B
BRK.A Berkshire Hathaway Inc. Class A 47.49% 783 $570.6M No change
LIN Linde PLC 6.13% 157,080 $73.7M No change
V Visa Inc. Class A 4.54% 153,680 $54.6M No change
JNJ Johnson & Johnson 4.32% 339,440 $51.8M No change
ROP Roper Technologies Inc. 3.51% 74,390 $42.2M No change
DHR Danaher Corp. 3.05% 185,370 $36.6M Add +0.1%
XOM Exxon Mobil Corp. 2.69% 299,290 $32.3M No change
MCO Moody's Corp. 2.21% 53,040 $26.6M Add +0.7%
GOOG Alphabet Inc. Class C 2.07% 140,000 $24.8M No change
SHEL Shell PLC-ADR 2.00% 341,900 $24.1M No change
ISRG Intuitive Surgical Inc. 1.95% 43,070 $23.4M Reduce -12.8%
PSX Phillips 66 1.89% 190,330 $22.7M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.56% 205,810 $18.8M Reduce -15.9%
WAT Waters Corp. 1.38% 47,630 $16.6M No change
MO Altria Group Inc. 1.16% 238,210 $14.0M Reduce -19.8%
NTR Nutrien Ltd. 1.05% 216,310 $12.6M Reduce -1.6%
VOO Vanguard S&P 500 ETF 0.91% 19,200 $10.9M No change
PMMF Ishrs Prime MMKT ETF 0.86% 103,120 $10.4M New
ABBV Abbvie Inc. 0.83% 53,543 $9.9M No change
WFC Wells Fargo & Co. 0.83% 124,000 $9.9M Reduce -5.0%
NVO Novo-Nordisk A/S-Spons ADR 0.75% 130,300 $9.0M No change
NDAQ Nasdaq Inc. 0.75% 100,500 $9.0M No change
AMGN Amgen Inc. 0.72% 30,990 $8.7M No change
CI The Cigna Group 0.64% 23,199 $7.7M No change
BHP BHP Group Ltd.-Spon ADR 0.59% 147,400 $7.1M No change
MDT Medtronic PLC 0.57% 79,060 $6.9M No change
MA Mastercard Inc. Class A 0.47% 10,000 $5.6M No change
VLTO Veralto Corp. 0.46% 54,556 $5.5M Add +1.8%
BDX Becton Dickinson and Co. 0.34% 23,970 $4.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.31% 7,670 $3.7M No change
HON Honeywell International Inc. 0.31% 15,800 $3.7M Reduce -2.5%
KO The Coca-Cola Co. 0.28% 48,400 $3.4M No change
LMT Lockheed Martin Corp. 0.28% 7,340 $3.4M No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.28% 18,370 $3.3M No change
WAB Wabtec Corp. 0.27% 15,523 $3.3M Reduce -6.6%
AME Ametek Inc. 0.27% 17,820 $3.2M Add +2.5%
VWO Vanguard Ftse Emerging Marke 0.24% 58,810 $2.9M No change
VHT Vanguard Health Care ETF 0.19% 9,280 $2.3M No change
VNT Vontier Corp. 0.17% 56,786 $2.1M No change
GILD Gilead Sciences Inc. 0.17% 18,630 $2.1M No change
PH Parker Hannifin Corp. 0.17% 2,840 $2.0M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 40,240 $1.9M No change
MRK Merck & Co. Inc. 0.15% 22,710 $1.8M No change
GOOGL Alphabet Inc. Class A 0.12% 8,230 $1.4M Reduce -27.4%
BMY Bristol-Myers Squibb Co. 0.11% 29,820 $1.4M No change
MMM 3M Co. 0.09% 7,040 $1.1M No change
ECL Ecolab Inc. 0.08% 3,710 $1.0M No change
UNP Union Pacific Corp. 0.08% 4,080 $939K No change
MET Metlife Inc. 0.07% 10,580 $851K No change
AVXL Anavex Life Sciences Corp. 0.07% 85,585 $789K No change
VEEV Veeva Systems Inc. Class A 0.07% 2,730 $786K No change
PRU Prudential Financial Inc. 0.06% 6,350 $682K No change
IEX Idex Corp. 0.05% 3,440 $604K Add +26.9%
BN Brookfield Corp. 0.04% 7,500 $464K Reduce -25.0%
FTV Fortive Corp. 0.03% 7,750 $404K Reduce -87.8%
A Agilent Technologies Inc. 0.03% 3,370 $398K New
SOLV Solventum Corp. 0.03% 4,697 $356K No change
VYM Vanguard High DVD Yield ETF 0.03% 2,430 $324K No change
MTD Mettler-Toledo International 0.02% 235 $276K New
RHHBY Roche Holdings Ltd.-Spons ADR 0.02% 5,700 $232K Reduce -40.0%
CRVS Corvus Pharmaceuticals Inc. 0.02% 49,959 $200K No change
OCUL Ocular Therapeutix Inc. 0.01% 17,000 $158K No change
ALDX Aldeyra Therapeutics Inc. 0.01% 20,020 $77K No change

Portfolio Sells Q1 2025 → Q2 2025
FTV Fortive Corp. Reduce -87.8% 0.03% −0.34
MO Altria Group Inc. Reduce -19.8% 1.16% −0.25
BNY Bank of New York Mellon Corp. Reduce -15.9% 1.56% −0.07
GOOGL Alphabet Inc. Class A Reduce -27.4% 0.12% −0.02
RHHBY Roche Holdings Ltd.-Spons ADR Reduce -40.0% 0.02% −0.01
BN Brookfield Corp. Reduce -25.0% 0.04% −0.00
ISRG Intuitive Surgical Inc. Reduce -12.8% 1.95% +0.01
WAB Wabtec Corp. Reduce -6.6% 0.27% +0.03
HON Honeywell International Inc. Reduce -2.5% 0.31% +0.03
WFC Wells Fargo & Co. Reduce -5.0% 0.83% +0.08
NTR Nutrien Ltd. Reduce -1.6% 1.05% +0.18

Portfolio Buys Q1 2025 → Q2 2025
PMMF Ishrs Prime MMKT ETF New 0.86% +0.86
MCO Moody's Corp. Add +0.7% 2.21% +0.27
VLTO Veralto Corp. Add +1.8% 0.46% +0.04
DHR Danaher Corp. Add +0.1% 3.05% +0.04
A Agilent Technologies Inc. New 0.03% +0.03
AME Ametek Inc. Add +2.5% 0.27% +0.03
MTD Mettler-Toledo International New 0.02% +0.02
IEX Idex Corp. Add +26.9% 0.05% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 43$854.5MBRK.A, V, JNJ, GOOG, XOM
Q1 2026 51$1.1BBRK.A, LIN, JNJ, XOM, V
Q4 2025 63$1.3BBRK.A, JNJ, LIN, V, GOOG
Q3 2025 63$1.2BBRK.A, LIN, JNJ, V, ROP
Q2 2025 63$1.2BBRK.A, LIN, V, JNJ, ROP
Q1 2025 60$1.3BBRK.A, LIN, JNJ, V, ROP
Q4 2024 59$1.2BBRK.A, LIN, JNJ, V, DHR
Q3 2024 62$1.2BBRK.A, LIN, JNJ, DHR, V
Q2 2024 62$1.1BBRK.A, LIN, JNJ, DHR, ROP
Q1 2024 63$1.2BBRK.A, LIN, JNJ, DHR, V