Mizuho Bank, Ltd.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Mizuho Bank, Ltd. reported 9 stock positions worth $900.8 million. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 17.6% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 16.9%) and SPDR Gold Minishares Trust (GLDM, 15.3%). Compared with Q2 2025, it opened 3 new positions, sold out of 1, added to 1 and reduced 4. The biggest buy was a new position in SPDR Gold Minishares Trust (GLDM) and the biggest sale an exit from SPDR Gold Shares (GLD).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001512734
Portfolio Value
$900.8M (Q3 2025)
SEC Filing
0001193125-25-278746 ↗ filed Nov 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 Q2 2025 Q3 2025: $900.8M $900.8M Q3 2025 Q4 2025: $840.3M Q4 2025 Q1 2026: $369.5M Q1 2026 Q2 2026: $467.4M Q2 2026

Holdings 9 stocks · $900.8M
QQQM Invesco Nasdaq 100 ETF 17.64% 643,000 $158.9M Reduce -46.4%
QQQ Invesco QQQ Trust Series 1 16.93% 254,000 $152.5M Reduce -15.3%
GLDM SPDR Gold Minishares Trust 15.29% 1,802,000 $137.8M New
IAU iShares Gold Trust 13.41% 1,660,000 $120.8M New
IVV iShares Core S&P 500 ETF 12.78% 172,000 $115.1M Add +91.1%
SPYM Ste STR SPDR PT S&P 500 ETF 9.48% 1,090,000 $85.4M Reduce -48.1%
IWM iShares Russell 2000 ETF 5.77% 215,000 $52.0M New
SPY SS SPDR S&P 500 ETF Trust-US 5.62% 76,000 $50.6M Reduce -62.0%
CME Cme Group Inc. 3.07% 102,518 $27.7M No change

Portfolio Sells Q2 2025 → Q3 2025
GLD SPDR Gold Shares Sold out 0.00% −21.56
QQQM Invesco Nasdaq 100 ETF Reduce -46.4% 17.64% −9.13
SPY SS SPDR S&P 500 ETF Trust-US Reduce -62.0% 5.62% −6.52
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -48.1% 9.48% −5.52
QQQ Invesco QQQ Trust Series 1 Reduce -15.3% 16.93% +0.67

Portfolio Buys Q2 2025 → Q3 2025
GLDM SPDR Gold Minishares Trust New 15.29% +15.29
IAU iShares Gold Trust New 13.41% +13.41
IVV iShares Core S&P 500 ETF Add +91.1% 12.78% +7.29
IWM iShares Russell 2000 ETF New 5.77% +5.77

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