Mizuho Bank, Ltd.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Mizuho Bank, Ltd. reported 7 stock positions worth $1.0 billion. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 26.8% of the portfolio, followed by SPDR Gold Shares (GLD, 21.6%) and Invesco QQQ Trust Series 1 (QQQ, 16.3%). Compared with Q1 2025, it opened 4 new positions, sold out of 3 and added to 2. The biggest buy was a new position in Invesco Nasdaq 100 ETF (QQQM) and the biggest sale an exit from SPDR Gold Minishares Trust (GLDM).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001512734
Portfolio Value
$1.0B (Q2 2025)
SEC Filing
0000950123-25-007712 ↗ filed Aug 13, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $966.9M Q1 2024 Q2 2024: $421.3M Q2 2024 Q3 2024: $507.1M Q3 2024 Q4 2024: $358.1M Q4 2024 Q1 2025: $442.9M Q1 2025 Q2 2025: $1.0B $1.0B Q2 2025 Q3 2025: $900.8M Q3 2025 Q4 2025: $840.3M Q4 2025 Q1 2026: $369.5M Q1 2026 Q2 2026: $467.4M Q2 2026

Holdings 7 stocks · $1.0B

QQQM Invesco Nasdaq 100 ETF 26.77% 1,200,000 $272.5M New
GLD SPDR Gold Shares 21.56% 720,000 $219.5M Add +20.0%
QQQ Invesco QQQ Trust Series 1 16.26% 300,000 $165.5M New
SPYM Ste STR SPDR PT S&P 500 ETF 15.00% 2,100,000 $152.6M Add +50.0%
SPY SS SPDR S&P 500 ETF Trust-US 12.14% 200,000 $123.6M New
IVV iShares Core S&P 500 ETF 5.49% 90,000 $55.9M New
CME Cme Group Inc. 2.78% 102,518 $28.3M No change

Portfolio Sells Q1 2025 → Q2 2025

GLDM SPDR Gold Minishares Trust Sold out 0.00% −15.37
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −10.68
IAU iShares Gold Trust Sold out 0.00% −7.99

Portfolio Buys Q1 2025 → Q2 2025

QQQM Invesco Nasdaq 100 ETF New 26.77% +26.77
QQQ Invesco QQQ Trust Series 1 New 16.26% +16.26
SPY SS SPDR S&P 500 ETF Trust-US New 12.14% +12.14
IVV iShares Core S&P 500 ETF New 5.49% +5.49
SPYM Ste STR SPDR PT S&P 500 ETF Add +50.0% 15.00% −5.79
GLD SPDR Gold Shares Add +20.0% 21.56% −17.47

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$467.4MGLD, DBC, DBA, GSG, EWY
Q1 2026 4$369.5MXLE, SPY, DBA, CME
Q4 2025 6$840.3MSPYM, QQQ, SPY, QQQM, IWD
Q3 2025 9$900.8MQQQM, QQQ, GLDM, IAU, IVV
Q2 2025 7$1.0BQQQM, GLD, QQQ, SPYM, SPY
Q1 2025 6$442.9MGLD, SPYM, GLDM, XLU, IAU
Q4 2024 108$358.1MGLD, XLU, CME, XLC, XLF
Q3 2024 69$507.1MQQQM, SPY, XLU, CME, XLI
Q2 2024 105$421.3MSPY, QQQ, VTI, XLK, XLC
Q1 2024 6$966.9MSPYM, IAU, IVV, VTI, GLD