Japan Science & Technology Agency
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Japan Science & Technology Agency reported 13 stock positions worth $5.6 billion. Its top holding was Ishr Ibx Usd Invgd CB ETF-Ui (LQD) at 26.2% of the portfolio, followed by Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, 15.0%) and iShares Core S&P 500 ETF (IVV, 14.0%). Compared with Q2 2025, it opened 4 new positions, sold out of 4, added to 1 and reduced 2. The biggest buy was a new position in iShares JP Morgan Usd Emergi (EMB) and the biggest sale an exit from Vanguard Int-Term Corporate (VCIT).
- Most Recent 13F
- Q2 2026
- Location
- TOKYO, M0
- CIK
- 0001948391
- Portfolio Value
- $5.6B (Q3 2025)
- SEC Filing
- 0001948391-25-000006 ↗ filed Oct 28, 2025
Holdings Value
Holdings 13 stocks · $5.6B
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 26.21% | 13,206,450 | $1.5B | Reduce -4.3% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 15.02% | 10,390,626 | $843.6M | No change |
| IVV iShares Core S&P 500 ETF | 13.95% | 1,170,800 | $783.6M | No change |
| RSP Invesco S&P 500 Equal Weight | 12.81% | 3,792,112 | $719.4M | No change |
| USHY iShares Broad Usd High Yield | 8.62% | 12,819,906 | $484.3M | Add +45.4% |
| JNK SS SPDR BB High Yield Bond | 5.06% | 2,900,000 | $284.2M | No change |
| EMB iShares JP Morgan Usd Emergi | 4.24% | 2,500,000 | $238.0M | New |
| SHYG iShares 0-5 YR HY Corp. Bond | 3.43% | 4,450,000 | $192.7M | No change |
| QQQ Invesco QQQ Trust Series 1 | 3.19% | 298,667 | $179.3M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.00% | 350,953 | $168.3M | New |
| USIG iShares Broad Usd Investment | 2.00% | 2,150,000 | $112.3M | Reduce -43.4% |
| IEMG iShares Core MSCI Emerging | 1.28% | 1,094,470 | $72.1M | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.19% | 357,328 | $66.6M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −8.78 |
| IGSB iShares 1-5Y Inv Grade Corp. | Sold out | 0.00% | −8.18 |
| IGIB iShares 5-10Y Inv Grade Corp. | Sold out | 0.00% | −3.72 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −2.61 |
| USIG iShares Broad Usd Investment | Reduce -43.4% | 2.00% | −1.10 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -4.3% | 26.21% | +2.18 |
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $5.3B | HYG, LQD, IVV, RSP, USHY |
| Q1 2026 | 12 | $4.8B | LQD, HYG, IVV, RSP, USHY |
| Q4 2025 | 12 | $5.4B | LQD, HYG, IVV, RSP, USHY |
| Q3 2025 | 13 | $5.6B | LQD, HYG, IVV, RSP, USHY |
| Q2 2025 | 13 | $6.3B | LQD, HYG, IVV, RSP, VCIT |
| Q1 2025 | 13 | $6.5B | LQD, HYG, IVV, RSP, VCIT |
| Q4 2024 | 11 | $5.8B | LQD, HYG, VCIT, VCSH, IGSB |
| Q3 2024 | 13 | $7.6B | LQD, VCSH, VCIT, HYG, IGSB |
| Q2 2024 | 12 | $7.2B | LQD, VCSH, VCIT, HYG, IGSB |
| Q1 2024 | 12 | $8.1B | VCSH, LQD, VCIT, HYG, IGSB |