Nissay Asset Management Corp. /Japan
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Nissay Asset Management Corp. /Japan reported 740 stock positions worth $16.4 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 7.1% of the portfolio, followed by Apple (AAPL, 4.8%) and Nvidia (NVDA, 4.4%). Compared with Q3 2024, it opened 6 new positions, sold out of 16, added to 435 and reduced 274. The biggest buy was Tesla (TSLA, shares +6%) and the biggest sale SS Health Care Select Sector (XLV, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- Tokyo, M0
- CIK
- 0000869589
- Portfolio Value
- $16.4B (Q4 2024)
- SEC Filing
- 0001172661-25-000881 ↗ filed Feb 14, 2025
Holdings Value
Holdings 740 stocks · $16.4B
| VTI VG Morningstar TS MKT ETF-US | 7.08% | 3,944,205 | $1.2B | No change |
| AAPL Apple Inc. | 4.76% | 3,051,366 | $779.9M | Reduce -0.8% |
| NVDA Nvidia Corp. | 4.42% | 5,290,407 | $724.8M | Add +6.1% |
| MSFT Microsoft Corp. | 4.36% | 1,661,554 | $715.3M | Add +9.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.23% | 1,164,154 | $692.7M | No change |
| KOKU Xtrackers MSCI Kokusai Eqty | 3.77% | 6,073,163 | $618.1M | No change |
| XLV SS Health Care Select Sector | 3.36% | 3,965,168 | $551.0M | Reduce -19.1% |
| AMZN Amazon.com Inc. | 2.63% | 1,926,013 | $430.9M | Reduce -4.0% |
| XLK SS Technology Select Sector | 2.42% | 1,666,830 | $395.9M | Reduce -14.3% |
| IVV iShares Core S&P 500 ETF | 2.37% | 650,447 | $388.7M | No change |
| AVGO Broadcom Inc. | 2.27% | 1,536,072 | $371.3M | Reduce -8.8% |
| QQQ Invesco QQQ Trust Series 1 | 2.11% | 660,336 | $345.1M | No change |
| GOOGL Alphabet Inc. Class A | 1.71% | 1,452,182 | $279.9M | Add +12.1% |
| TSLA Tesla Inc. | 1.45% | 551,768 | $238.2M | Add +6.4% |
| META Meta Platforms Inc. Class A | 1.41% | 384,929 | $230.9M | Reduce -7.6% |
| VOO Vanguard S&P 500 ETF | 1.37% | 410,649 | $224.7M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.03% | 391,575 | $168.4M | Add +131.9% |
| GOOG Alphabet Inc. Class C | 1.00% | 842,767 | $163.5M | Add +3.1% |
| WMT Walmart Inc. | 0.95% | 1,706,195 | $156.4M | Add +9.7% |
| JPM JPMorgan Chase & Co. | 0.83% | 564,729 | $136.2M | Add +8.7% |
| VGT Vanguard Info Tech ETF | 0.79% | 204,727 | $130.1M | No change |
| XLP SS Consumer Staples Sel Sect | 0.76% | 1,579,530 | $125.3M | Reduce -33.6% |
| NFLX Netflix Inc. | 0.74% | 134,524 | $122.1M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 0.74% | 129,825 | $122.0M | Add +1.7% |
| SPGI S&P Global Inc. | 0.71% | 233,112 | $117.0M | Reduce -11.1% |
| LLY Eli Lilly & Co. | 0.67% | 140,677 | $110.2M | Reduce -18.6% |
| AZO AutoZone Inc. | 0.66% | 33,364 | $108.2M | Add +49.1% |
| V Visa Inc. Class A | 0.65% | 332,581 | $106.0M | Add +7.3% |
| XLF SS Financial Select Sector | 0.63% | 2,112,521 | $103.0M | Add +673.9% |
| INTU Intuit Inc. | 0.63% | 160,840 | $102.7M | Add +114.3% |
| NOW ServiceNow Inc. | 0.56% | 85,419 | $92.4M | Add +119.9% |
| RSG Republic Services Inc. | 0.55% | 445,410 | $90.4M | Reduce -17.7% |
| ORCL Oracle Corp. | 0.53% | 514,778 | $87.0M | Add +44.7% |
| UNH Unitedhealth Group Inc. | 0.50% | 159,519 | $81.4M | Reduce -34.4% |
| ETN Eaton Corp. PLC | 0.49% | 238,349 | $79.8M | Add +14.6% |
| GS Goldman Sachs Group Inc. | 0.47% | 134,440 | $77.5M | Add +240.6% |
| LIN Linde PLC | 0.46% | 177,668 | $75.2M | Add +3.4% |
| USSG Xtrackers MSCI USA Sele Eqty | 0.45% | 1,357,000 | $74.3M | Reduce -13.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 159,465 | $72.8M | Reduce -0.1% |
| QYLD Global X Nasd 100 Cov Call | 0.44% | 3,849,837 | $72.1M | No change |
| XYLD Global X S&P 500 Cove Call E | 0.44% | 1,652,108 | $71.6M | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.42% | 297,473 | $69.2M | Reduce -22.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.42% | 240,984 | $69.1M | Reduce -12.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.40% | 306,794 | $66.0M | New |
| AMD Advanced Micro Devices | 0.40% | 521,420 | $65.3M | Add +2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.36% | 533,328 | $59.5M | Add +80.7% |
| XOM Exxon Mobil Corp. | 0.36% | 558,234 | $59.4M | Reduce -1.3% |
| MRVL Marvell Technology Inc. | 0.36% | 518,556 | $58.9M | Reduce -0.9% |
| MA Mastercard Inc. Class A | 0.33% | 102,583 | $54.6M | Reduce -1.3% |
| CSCO Cisco Systems Inc. | 0.33% | 910,361 | $54.3M | Add +4.0% |
| PG The Procter & Gamble Co. | 0.33% | 315,226 | $53.4M | Reduce -37.1% |
| QCOM Qualcomm Inc. | 0.33% | 339,461 | $53.4M | Add +3.8% |
| TXN Texas Instruments Inc. | 0.31% | 267,141 | $51.1M | Add +3.0% |
| AMAT Applied Materials Inc. | 0.31% | 305,097 | $50.9M | Reduce -11.3% |
| PEP Pepsico Inc. | 0.29% | 309,918 | $47.4M | Add +5.2% |
| HD Home Depot Inc. | 0.29% | 119,799 | $47.1M | Reduce -0.0% |
| ADBE Adobe Inc. | 0.28% | 104,624 | $46.7M | Add +4.9% |
| AMP Ameriprise Financial Inc. | 0.27% | 83,490 | $44.7M | Add +61.5% |
| JNJ Johnson & Johnson | 0.27% | 306,720 | $44.5M | Reduce -0.5% |
| ISRG Intuitive Surgical Inc. | 0.27% | 81,790 | $43.7M | Add +6.3% |
| APH Amphenol Corp. Class A | 0.26% | 596,710 | $42.2M | Add +1.0% |
| ADI Analog Devices Inc. | 0.25% | 189,233 | $41.1M | Reduce -15.0% |
| TMUS T-Mobile US Inc. | 0.25% | 182,531 | $40.7M | Add +7.9% |
| ABBV Abbvie Inc. | 0.24% | 221,740 | $39.5M | Add +1.0% |
| CRM Salesforce Inc. | 0.24% | 114,874 | $38.9M | Reduce -1.3% |
| CDNS Cadence Design SYS Inc. | 0.23% | 125,047 | $38.1M | Reduce -52.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 857,534 | $38.0M | Reduce -16.1% |
| BKNG Booking Holdings Inc. | 0.23% | 7,494 | $37.8M | Add +4.6% |
| PLTR Palantir Technologies Inc. Class A | 0.23% | 470,929 | $37.2M | Add +90.9% |
| VFC VF Corp. | 0.22% | 1,648,892 | $35.9M | Add +37.9% |
| KO The Coca-Cola Co. | 0.22% | 574,326 | $35.9M | Reduce -0.3% |
| CMCSA Comcast Corp. Class A | 0.21% | 899,415 | $34.1M | Add +4.2% |
| HON Honeywell International Inc. | 0.20% | 146,327 | $33.6M | Add +5.3% |
| HEI Heico Corp. | 0.20% | 135,251 | $32.6M | Add +2.2% |
| MRK Merck & Co. Inc. | 0.20% | 325,319 | $32.4M | Add +2.5% |
| AMGN Amgen Inc. | 0.20% | 121,718 | $32.0M | Add +5.6% |
| WSC Willscot Holdings Corp. | 0.19% | 919,126 | $31.0M | Add +165.3% |
| LRCX Lam Research Corp. | 0.19% | 420,867 | $30.9M | Reduce -12.3% |
| MU Micron Technology Inc. | 0.19% | 346,122 | $30.7M | Reduce -0.7% |
| CVX Chevron Corp. | 0.19% | 210,803 | $30.4M | Reduce -7.7% |
| CRH CRH PLC | 0.18% | 323,756 | $30.3M | Add +298.6% |
| WFC Wells Fargo & Co. | 0.18% | 419,824 | $29.9M | Reduce -3.1% |
| ADSK Autodesk Inc. | 0.18% | 99,678 | $29.7M | Add +4.5% |
| DECK Deckers Outdoor Corp. | 0.18% | 141,405 | $29.3M | Reduce -45.3% |
| KLAC KLA Corp. | 0.18% | 45,023 | $29.0M | Add +6.1% |
| MSI Motorola Solutions Inc. | 0.17% | 59,803 | $27.9M | Add +1.9% |
| INTC Intel Corp. | 0.17% | 1,370,496 | $27.8M | Reduce -2.7% |
| PANW Palo Alto Networks Inc. | 0.17% | 148,395 | $27.6M | Add +5.5% |
| ACN Accenture PLC Class A | 0.17% | 77,195 | $27.5M | Reduce -0.8% |
| ADP Automatic Data Processing | 0.17% | 92,801 | $27.5M | Add +4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 123,267 | $27.5M | Add +1.0% |
| TMO Thermo Fisher Scientific Inc. | 0.17% | 51,696 | $27.2M | Reduce -0.7% |
| GILD Gilead Sciences Inc. | 0.16% | 284,243 | $26.8M | Add +5.2% |
| AME Ametek Inc. | 0.16% | 141,538 | $25.8M | Add +1.8% |
| MCD McDonald's Corp. | 0.16% | 86,989 | $25.5M | Reduce -0.6% |
| PLD Prologis Inc. | 0.16% | 242,091 | $25.5M | Add +1.8% |
| ABT Abbott Laboratories | 0.15% | 215,646 | $24.8M | Reduce -0.1% |
| COHR Coherent Corp. | 0.15% | 254,718 | $24.7M | Reduce -36.5% |
| PM Philip Morris International | 0.15% | 196,138 | $23.8M | Add +1.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.15% | 58,242 | $23.8M | Add +5.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TEL Te Connectivity PLC | ORD SHS · principal | 38,910 | $5.6M | New |
Total filed on the 13F, all lines: $16.4B.
Portfolio Sells Q3 2024 → Q4 2024
| XLV SS Health Care Select Sector | Reduce -19.1% | 3.36% | −1.42 |
| XLP SS Consumer Staples Sel Sect | Reduce -33.6% | 0.76% | −0.49 |
| UNH Unitedhealth Group Inc. | Reduce -34.4% | 0.50% | −0.40 |
| XLK SS Technology Select Sector | Reduce -14.3% | 2.42% | −0.37 |
| LLY Eli Lilly & Co. | Reduce -18.6% | 0.67% | −0.30 |
| NYT New York Times Co. Class A | Reduce -73.1% | 0.10% | −0.29 |
| BLD Topbuild Corp. | Reduce -76.5% | 0.05% | −0.26 |
| PG The Procter & Gamble Co. | Reduce -37.1% | 0.33% | −0.22 |
| CDNS Cadence Design SYS Inc. | Reduce -52.1% | 0.23% | −0.22 |
| ICE Intercontinental Exchange Inc. | Reduce -69.7% | 0.06% | −0.17 |
| CEG Constellation Energy | Reduce -45.3% | 0.13% | −0.16 |
| SPGI S&P Global Inc. | Reduce -11.1% | 0.71% | −0.14 |
| RSG Republic Services Inc. | Reduce -17.7% | 0.55% | −0.14 |
| IQV Iqvia Holdings Inc. | Reduce -79.4% | 0.03% | −0.14 |
| AMAT Applied Materials Inc. | Reduce -11.3% | 0.31% | −0.13 |
| META Meta Platforms Inc. Class A | Reduce -7.6% | 1.41% | −0.10 |
| DECK Deckers Outdoor Corp. | Reduce -45.3% | 0.18% | −0.08 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.08 |
| USSG Xtrackers MSCI USA Sele Eqty | Reduce -13.9% | 0.45% | −0.08 |
| COHR Coherent Corp. | Reduce -36.5% | 0.15% | −0.08 |
| ADI Analog Devices Inc. | Reduce -15.0% | 0.25% | −0.07 |
| AJG Arthur J Gallagher & Co. | Reduce -12.5% | 0.42% | −0.07 |
| SOXX iShares Semiconductor ETF | Sold out | 0.00% | −0.07 |
| LRCX Lam Research Corp. | Reduce -12.3% | 0.19% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -1.3% | 0.36% | −0.06 |
| WMS Advanced Drainage Systems Inc. | Reduce -27.8% | 0.05% | −0.05 |
| JNJ Johnson & Johnson | Reduce -0.5% | 0.27% | −0.04 |
| KO The Coca-Cola Co. | Reduce -0.3% | 0.22% | −0.04 |
| MU Micron Technology Inc. | Reduce -0.7% | 0.19% | −0.04 |
| CTAS Cintas Corp. | Reduce -11.8% | 0.13% | −0.04 |
| XHB SS SPDR S&P Homebldrs ETF | Sold out | 0.00% | −0.04 |
| INTC Intel Corp. | Reduce -2.7% | 0.17% | −0.04 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.7% | 0.17% | −0.04 |
| FERG Ferguson Enterprises Inc. | Reduce -5.8% | 0.13% | −0.03 |
| DHR Danaher Corp. | Reduce -2.5% | 0.11% | −0.03 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.03 |
| ELV Elevance Health Inc. | Reduce -0.1% | 0.06% | −0.03 |
| MLCO Melco Resorts & Entert-ADR | Sold out | 0.00% | −0.03 |
| CVX Chevron Corp. | Reduce -7.7% | 0.19% | −0.03 |
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −0.03 |
| BAC Bank of America Corp. | Reduce -16.1% | 0.23% | −0.02 |
| NKE Nike Inc. Class B | Reduce -1.6% | 0.11% | −0.02 |
| GE General Electric | Reduce -2.1% | 0.14% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -0.1% | 0.11% | −0.02 |
| UBER Uber Technologies Inc. | Reduce -0.1% | 0.08% | −0.02 |
| MRNA Moderna Inc. | Reduce -47.1% | 0.01% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -0.1% | 0.13% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 0.44% | −0.02 |
| XYL Xylem Inc. | Reduce -28.7% | 0.03% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| TSLA Tesla Inc. | Add +6.4% | 1.45% | +0.59 |
| NVDA Nvidia Corp. | Add +6.1% | 4.42% | +0.59 |
| DIA SS SPDR Dow Jones Indus Avg | Add +131.9% | 1.03% | +0.57 |
| XLF SS Financial Select Sector | Add +673.9% | 0.63% | +0.55 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.40% | +0.40 |
| GS Goldman Sachs Group Inc. | Add +240.6% | 0.47% | +0.35 |
| GOOGL Alphabet Inc. Class A | Add +12.1% | 1.71% | +0.35 |
| NOW ServiceNow Inc. | Add +119.9% | 0.56% | +0.34 |
| INTU Intuit Inc. | Add +114.3% | 0.63% | +0.33 |
| MSFT Microsoft Corp. | Add +9.4% | 4.36% | +0.23 |
| AZO AutoZone Inc. | Add +49.1% | 0.66% | +0.21 |
| DIS The Walt Disney Co. | Add +80.7% | 0.36% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +90.9% | 0.23% | +0.17 |
| WMT Walmart Inc. | Add +9.7% | 0.95% | +0.16 |
| ORCL Oracle Corp. | Add +44.7% | 0.53% | +0.15 |
| CRH CRH PLC | Add +298.6% | 0.18% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +8.7% | 0.83% | +0.14 |
| GOOG Alphabet Inc. Class C | Add +3.1% | 1.00% | +0.13 |
| AMP Ameriprise Financial Inc. | Add +61.5% | 0.27% | +0.12 |
| V Visa Inc. Class A | Add +7.3% | 0.65% | +0.11 |
| WSC Willscot Holdings Corp. | Add +165.3% | 0.19% | +0.11 |
| APP AppLovin Corp. Class A | Add +125.2% | 0.11% | +0.09 |
| VFC VF Corp. | Add +37.9% | 0.22% | +0.07 |
| MSTR Strategy Inc. | Add +114.4% | 0.08% | +0.06 |
| ETN Eaton Corp. PLC | Add +14.6% | 0.49% | +0.05 |
| AXON Axon Enterprise Inc. | Add +90.3% | 0.06% | +0.04 |
| BKNG Booking Holdings Inc. | Add +4.6% | 0.23% | +0.04 |
| CSCO Cisco Systems Inc. | Add +4.0% | 0.33% | +0.04 |
| DOCU Docusign Inc. | Add +111.1% | 0.04% | +0.03 |
| BA The Boeing Co. | Add +24.2% | 0.10% | +0.03 |
| COST Costco Wholesale Corp. | Add +1.7% | 0.74% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +6.3% | 0.27% | +0.03 |
| TMUS T-Mobile US Inc. | Add +7.9% | 0.25% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +5.4% | 0.11% | +0.02 |
| HON Honeywell International Inc. | Add +5.3% | 0.20% | +0.02 |
| LULU Lululemon Athletica Inc. | Add +0.7% | 0.08% | +0.02 |
| TEAM Atlassian Corp. Class A | Add +6.8% | 0.05% | +0.02 |
| ANET Arista Networks Inc. | Add +4.1% | 0.13% | +0.02 |
| GILD Gilead Sciences Inc. | Add +5.2% | 0.16% | +0.02 |
| FTNT Fortinet Inc. | Add +6.4% | 0.09% | +0.02 |
| CVNA Carvana Co. | New | 0.02% | +0.02 |
| SE Sea Ltd.-ADR | Add +9.6% | 0.10% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +5.5% | 0.17% | +0.02 |
| TTWO Take-Two Interactive Softwre | Add +7.9% | 0.07% | +0.01 |
| DASH DoorDash Inc. Class A | Add +7.8% | 0.08% | +0.01 |
| ADSK Autodesk Inc. | Add +4.5% | 0.18% | +0.01 |
| GEV GE Vernova Inc. | Add +0.4% | 0.07% | +0.01 |
| PWR Quanta Services Inc. | Add +36.4% | 0.05% | +0.01 |
| APH Amphenol Corp. Class A | Add +1.0% | 0.26% | +0.01 |
| RBLX Roblox Corp. Class A | Add +6.5% | 0.05% | +0.01 |
Notes & Other Activity Q3 2024 → Q4 2024
| TEL Te Connectivity PLC | ORD SHS · principal | New | 38,910 | $5.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 687 | $23.7B | VTI, NVDA, AAPL, SPYM, KOKU |
| Q1 2026 | 666 | $18.9B | VTI, NVDA, AAPL, SPYM, KOKU |
| Q4 2025 | 669 | $19.2B | VTI, NVDA, AAPL, MSFT, SPYM |
| Q3 2025 | 667 | $18.1B | VTI, NVDA, MSFT, AAPL, SPYM |
| Q2 2025 | 695 | $17.1B | VTI, NVDA, MSFT, SPY, KOKU |
| Q1 2025 | 728 | $15.4B | VTI, AAPL, SPY, KOKU, MSFT |
| Q4 2024 | 740 | $16.4B | VTI, AAPL, NVDA, MSFT, SPY |
| Q3 2024 | 749 | $15.8B | VTI, XLV, AAPL, SPY, MSFT |
| Q2 2024 | 756 | $15.1B | VTI, XLV, MSFT, SPY, NVDA |
| Q1 2024 | 762 | $14.4B | VTI, XLV, MSFT, SPY, KOKU |