Hikari Power Ltd

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 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, 6.0%) and Johnson & Johnson (JNJ, 5.1%). Compared with Q2 2025, it opened 1 new position, sold out of 1, added to 2 and reduced 3. The biggest buy was a new position in Zoetis (ZTS) and the biggest sale Cigna (CI, shares −1%).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001606152
Portfolio Value
$1.2B (Q3 2025)
SEC Filing
0001606152-25-000005 ↗ filed Oct 22, 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 Q2 2025 Q3 2025: $1.2B $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 47.54% 783 $590.5M No change
LIN Linde PLC 6.01% 157,080 $74.6M No change
JNJ Johnson & Johnson 5.07% 339,440 $62.9M No change
V Visa Inc. Class A 4.22% 153,680 $52.5M No change
ROP Roper Technologies Inc. 2.99% 74,390 $37.1M No change
DHR Danaher Corp. 2.96% 185,370 $36.8M No change
GOOG Alphabet Inc. Class C 2.74% 140,000 $34.1M No change
XOM Exxon Mobil Corp. 2.72% 299,290 $33.7M No change
PSX Phillips 66 2.08% 190,330 $25.9M No change
MCO Moody's Corp. 2.03% 53,040 $25.3M No change
SHEL Shell PLC-ADR 1.97% 341,900 $24.5M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.81% 205,810 $22.4M No change
ISRG Intuitive Surgical Inc. 1.55% 43,070 $19.3M No change
MO Altria Group Inc. 1.27% 238,210 $15.7M No change
WAT Waters Corp. 1.15% 47,630 $14.3M No change
NTR Nutrien Ltd. 1.02% 216,310 $12.7M No change
ABBV Abbvie Inc. 1.00% 53,543 $12.4M No change
VOO Vanguard S&P 500 ETF 0.95% 19,200 $11.8M No change
WFC Wells Fargo & Co. 0.84% 124,000 $10.4M No change
PMMF Ishrs Prime MMKT ETF 0.83% 103,120 $10.4M No change
NDAQ Nasdaq Inc. 0.72% 100,500 $8.9M No change
AMGN Amgen Inc. 0.70% 30,990 $8.7M No change
BHP BHP Group Ltd.-Spon ADR 0.66% 147,400 $8.2M No change
MDT Medtronic PLC 0.61% 79,060 $7.5M No change
NVO Novo-Nordisk A/S-Spons ADR 0.58% 130,300 $7.2M No change
CI The Cigna Group 0.53% 22,899 $6.6M Reduce -1.3%
VLTO Veralto Corp. 0.47% 54,556 $5.8M No change
MA Mastercard Inc. Class A 0.46% 10,000 $5.7M No change
BDX Becton Dickinson and Co. 0.36% 23,970 $4.5M No change
BRK.B Berkshire Hathaway Inc. Class B 0.31% 7,670 $3.9M No change
LMT Lockheed Martin Corp. 0.29% 7,340 $3.7M No change
AME Ametek Inc. 0.27% 17,820 $3.4M No change
HON Honeywell International Inc. 0.27% 15,800 $3.3M No change
KO The Coca-Cola Co. 0.26% 48,400 $3.2M No change
VWO Vanguard Ftse Emerging Marke 0.26% 58,810 $3.2M No change
WAB Wabtec Corp. 0.25% 15,523 $3.1M No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.22% 18,370 $2.7M No change
VHT Vanguard Health Care ETF 0.20% 9,580 $2.5M Add +3.2%
VNT Vontier Corp. 0.19% 56,786 $2.4M No change
PH Parker Hannifin Corp. 0.17% 2,840 $2.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.17% 40,240 $2.1M No change
GILD Gilead Sciences Inc. 0.17% 18,630 $2.1M No change
MRK Merck & Co. Inc. 0.15% 22,710 $1.9M No change
GOOGL Alphabet Inc. Class A 0.15% 7,630 $1.9M Reduce -7.3%
BMY Bristol-Myers Squibb Co. 0.11% 29,820 $1.3M No change
ECL Ecolab Inc. 0.08% 3,710 $1.0M No change
UNP Union Pacific Corp. 0.08% 4,080 $964K No change
MET Metlife Inc. 0.07% 10,580 $871K No change
VEEV Veeva Systems Inc. Class A 0.07% 2,730 $813K No change
AVXL Anavex Life Sciences Corp. 0.06% 85,585 $762K No change
IEX Idex Corp. 0.06% 4,370 $711K Add +27.0%
PRU Prudential Financial Inc. 0.05% 6,350 $659K No change
MMM 3M Co. 0.04% 3,190 $495K Reduce -54.7%
A Agilent Technologies Inc. 0.03% 3,370 $433K No change
FTV Fortive Corp. 0.03% 7,750 $380K No change
CRVS Corvus Pharmaceuticals Inc. 0.03% 49,959 $368K No change
SOLV Solventum Corp. 0.03% 4,697 $343K No change
VYM Vanguard High DVD Yield ETF 0.03% 2,430 $343K No change
MTD Mettler-Toledo International 0.02% 235 $288K No change
RHHBY Roche Holdings Ltd.-Spons ADR 0.02% 5,700 $238K No change
ZTS Zoetis Inc. 0.02% 1,370 $200K New
OCUL Ocular Therapeutix Inc. 0.02% 17,000 $199K No change
ALDX Aldeyra Therapeutics Inc. 0.01% 20,020 $105K No change

Portfolio Sells Q2 2025 → Q3 2025
CI The Cigna Group Reduce -1.3% 0.53% −0.11
MMM 3M Co. Reduce -54.7% 0.04% −0.05
BN Brookfield Corp. Sold out 0.00% −0.04
GOOGL Alphabet Inc. Class A Reduce -7.3% 0.15% +0.03

Portfolio Buys Q2 2025 → Q3 2025
ZTS Zoetis Inc. New 0.02% +0.02
VHT Vanguard Health Care ETF Add +3.2% 0.20% +0.01
IEX Idex Corp. Add +27.0% 0.06% +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