Japan Science & Technology Agency

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Japan Science & Technology Agency reported 13 stock positions worth $6.3 billion. Its top holding was Ishr Ibx Usd Invgd CB ETF-Ui (LQD) at 24.0% of the portfolio, followed by Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, 13.3%) and iShares Core S&P 500 ETF (IVV, 11.5%). Compared with Q1 2025, it reduced 5. The biggest sale was Vanguard S/T Corp. Bond ETF (VCSH, shares −57%).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001948391
Portfolio Value
$6.3B (Q2 2025)
SEC Filing
0001948391-25-000004 ↗ filed Jul 31, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $8.1B Q1 2024 Q2 2024: $7.2B Q2 2024 Q3 2024: $7.6B Q3 2024 Q4 2024: $5.8B Q4 2024 Q1 2025: $6.5B Q1 2025 Q2 2025: $6.3B $6.3B Q2 2025 Q3 2025: $5.6B Q3 2025 Q4 2025: $5.4B Q4 2025 Q1 2026: $4.8B Q1 2026 Q2 2026: $5.3B Q2 2026

Holdings 13 stocks · $6.3B

LQD Ishr Ibx Usd Invgd CB ETF-Ui 24.03% 13,806,450 $1.5B No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 13.30% 10,390,626 $838.0M No change
IVV iShares Core S&P 500 ETF 11.54% 1,170,800 $726.9M No change
RSP Invesco S&P 500 Equal Weight 10.94% 3,792,112 $689.2M No change
VCIT Vanguard Int-Term Corporate 8.78% 6,670,000 $553.1M Reduce -8.0%
IGSB iShares 1-5Y Inv Grade Corp. 8.18% 9,770,000 $515.5M Reduce -6.1%
USHY iShares Broad Usd High Yield 5.25% 8,819,906 $330.8M No change
JNK SS SPDR BB High Yield Bond 4.48% 2,900,000 $282.1M No change
IGIB iShares 5-10Y Inv Grade Corp. 3.72% 4,400,000 $234.5M Reduce -11.2%
USIG iShares Broad Usd Investment 3.10% 3,800,000 $195.5M Reduce -17.0%
SHYG iShares 0-5 YR HY Corp. Bond 3.05% 4,450,000 $192.0M No change
VCSH Vanguard S/T Corp. Bond ETF 2.61% 2,070,000 $164.6M Reduce -57.3%
VTV Vanguard Mrngstr Val ETF-Aui 1.00% 357,328 $63.2M No change

Portfolio Sells Q1 2025 → Q2 2025

VCSH Vanguard S/T Corp. Bond ETF Reduce -57.3% 2.61% −3.27
USIG iShares Broad Usd Investment Reduce -17.0% 3.10% −0.49
VCIT Vanguard Int-Term Corporate Reduce -8.0% 8.78% −0.34
IGIB iShares 5-10Y Inv Grade Corp. Reduce -11.2% 3.72% −0.28
IGSB iShares 1-5Y Inv Grade Corp. Reduce -6.1% 8.18% −0.19

Portfolio Buys Q1 2025 → Q2 2025

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$5.3BHYG, LQD, IVV, RSP, USHY
Q1 2026 12$4.8BLQD, HYG, IVV, RSP, USHY
Q4 2025 12$5.4BLQD, HYG, IVV, RSP, USHY
Q3 2025 13$5.6BLQD, HYG, IVV, RSP, USHY
Q2 2025 13$6.3BLQD, HYG, IVV, RSP, VCIT
Q1 2025 13$6.5BLQD, HYG, IVV, RSP, VCIT
Q4 2024 11$5.8BLQD, HYG, VCIT, VCSH, IGSB
Q3 2024 13$7.6BLQD, VCSH, VCIT, HYG, IGSB
Q2 2024 12$7.2BLQD, VCSH, VCIT, HYG, IGSB
Q1 2024 12$8.1BVCSH, LQD, VCIT, HYG, IGSB