Hikari Power Ltd

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 30, 2026), Hikari Power Ltd reported 51 stock positions worth $1.1 billion. Its top holding was Berkshire Hathaway Class A (BRK.A) at 47.5% of the portfolio, followed by Linde (LIN, 6.8%) and Johnson & Johnson (JNJ, 6.6%). Compared with Q4 2025, it opened 2 new positions, sold out of 14, added to 1 and reduced 15. The biggest buy was a new position in Vanguard Ultra SHRT Treasury (VGUS) and the biggest sale Waters (WAT, shares −83%).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001606152
Portfolio Value
$1.1B (Q1 2026)
SEC Filing
0001606152-26-000002 ↗ filed Apr 30, 2026

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 Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.1B $1.1B Q1 2026 Q2 2026: $854.5M Q2 2026

Holdings 51 stocks · $1.1B
BRK.A Berkshire Hathaway Inc. Class A 47.49% 759 $545.1M Reduce -3.1%
LIN Linde PLC 6.79% 157,080 $77.9M No change
JNJ Johnson & Johnson 6.58% 308,760 $75.5M Reduce -9.0%
XOM Exxon Mobil Corp. 4.42% 299,290 $50.8M No change
V Visa Inc. Class A 4.05% 153,930 $46.5M Add +0.2%
DHR Danaher Corp. 3.06% 185,170 $35.1M No change
PSX Phillips 66 3.02% 190,330 $34.7M No change
GOOG Alphabet Inc. Class C 2.97% 119,000 $34.1M Reduce -15.0%
SHEL Shell PLC-ADR 2.77% 341,900 $31.8M No change
MCO Moody's Corp. 2.02% 53,040 $23.1M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 2.01% 194,130 $23.0M No change
ROP Roper Technologies Inc. 1.85% 60,000 $21.2M Reduce -19.3%
ISRG Intuitive Surgical Inc. 1.73% 43,070 $19.9M No change
MO Altria Group Inc. 1.13% 196,060 $12.9M Reduce -17.7%
VOO Vanguard S&P 500 ETF 1.00% 19,200 $11.5M No change
NTR Nutrien Ltd. 0.99% 150,000 $11.3M Reduce -30.7%
AMGN Amgen Inc. 0.95% 30,990 $10.9M No change
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 0.93% 147,400 $10.7M No change
VGUS Vanguard Ultra SHRT Treasury 0.90% 136,950 $10.4M New
NDAQ Nasdaq Inc. 0.74% 100,500 $8.5M No change
MA Mastercard Inc. Class A 0.44% 10,000 $5.0M No change
VLTO Veralto Corp. 0.42% 54,556 $4.8M No change
NVO Novo-Nordisk A/S-Spons ADR 0.42% 130,300 $4.8M No change
VUSB Vanguard Ultra Short Bond Et 0.39% 90,620 $4.5M New
WAB Wabtec Corp. 0.33% 15,223 $3.8M Reduce -1.9%
BDX Becton Dickinson and Co. 0.33% 23,970 $3.8M No change
KO The Coca-Cola Co. 0.32% 48,400 $3.7M No change
BRK.B Berkshire Hathaway Inc. Class B 0.32% 7,670 $3.7M No change
GILD Gilead Sciences Inc. 0.23% 18,630 $2.6M No change
PH Parker Hannifin Corp. 0.22% 2,840 $2.5M No change
WAT Waters Corp. 0.21% 8,024 $2.4M Reduce -83.2%
GOOGL Alphabet Inc. Class A 0.19% 7,390 $2.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.17% 40,240 $2.0M No change
UNP Union Pacific Corp. 0.09% 4,080 $990K No change
AME Ametek Inc. 0.07% 3,940 $845K Reduce -77.9%
CRVS Corvus Pharmaceuticals Inc. 0.06% 49,959 $731K No change
WFC Wells Fargo & Co. 0.05% 7,000 $557K Reduce -93.0%
FTV Fortive Corp. 0.04% 7,750 $428K No change
LMT Lockheed Martin Corp. 0.04% 690 $417K Reduce -90.6%
VEEV Veeva Systems Inc. Class A 0.03% 2,280 $401K No change
A Agilent Technologies Inc. 0.03% 3,370 $384K No change
IEX Idex Corp. 0.03% 1,660 $315K Reduce -62.0%
SOLV Solventum Corp. 0.03% 4,697 $307K No change
MTD Mettler-Toledo International 0.03% 235 $296K No change
AVXL Anavex Life Sciences Corp. 0.02% 85,585 $263K No change
MMM 3M Co. 0.02% 1,760 $256K Reduce -25.1%
BN Brookfield Corp. 0.02% 6,150 $249K No change
ECL Ecolab Inc. 0.02% 910 $242K Reduce -75.5%
VHT Vanguard Health Care ETF 0.02% 840 $229K Reduce -91.2%
OCUL Ocular Therapeutix Inc. 0.01% 17,000 $144K No change
ALDX Aldeyra Therapeutics Inc. 0.00% 20,020 $34K No change

Portfolio Sells Q4 2025 → Q1 2026
WAT Waters Corp. Reduce -83.2% 0.21% −1.22
ABBV Abbvie Inc. Sold out 0.00% −0.96
PMMF Ishrs Prime MMKT ETF Sold out 0.00% −0.81
ROP Roper Technologies Inc. Reduce -19.3% 1.85% −0.76
WFC Wells Fargo & Co. Reduce -93.0% 0.05% −0.69
MDT Medtronic PLC Sold out 0.00% −0.60
CI The Cigna Group Sold out 0.00% −0.50
GOOG Alphabet Inc. Class C Reduce -15.0% 2.97% −0.49
JKHY Jack Henry & Associates Inc. Sold out 0.00% −0.26
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.25
LMT Lockheed Martin Corp. Reduce -90.6% 0.04% −0.24
HON Honeywell International Inc. Sold out 0.00% −0.24
AME Ametek Inc. Reduce -77.9% 0.07% −0.21
VHT Vanguard Health Care ETF Reduce -91.2% 0.02% −0.20
MRK Merck & Co. Inc. Sold out 0.00% −0.19
VNT Vontier Corp. Sold out 0.00% −0.17
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.08
MET Metlife Inc. Sold out 0.00% −0.07
NTR Nutrien Ltd. Reduce -30.7% 0.99% −0.07
PRU Prudential Financial Inc. Sold out 0.00% −0.06
ECL Ecolab Inc. Reduce -75.5% 0.02% −0.06
IEX Idex Corp. Reduce -62.0% 0.03% −0.03
VYM Vanguard High DVD Yield ETF Sold out 0.00% −0.03
RHHBY Roche Holdings Ltd.-Spons ADR Sold out 0.00% −0.02
MMM 3M Co. Reduce -25.1% 0.02% −0.01
MO Altria Group Inc. Reduce -17.7% 1.13% +0.04
WAB Wabtec Corp. Reduce -1.9% 0.33% +0.07
BRK.A Berkshire Hathaway Inc. Class A Reduce -3.1% 47.49% +0.92
JNJ Johnson & Johnson Reduce -9.0% 6.58% +1.04

Portfolio Buys Q4 2025 → Q1 2026
VGUS Vanguard Ultra SHRT Treasury New 0.90% +0.90
VUSB Vanguard Ultra Short Bond Et New 0.39% +0.39
V Visa Inc. Class A Add +0.2% 4.05% −0.19

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