Nissay Asset Management Corp. /Japan
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Nissay Asset Management Corp. /Japan reported 728 stock positions worth $15.4 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 7.0% of the portfolio, followed by Apple (AAPL, 4.6%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.2%). Compared with Q4 2024, it opened 8 new positions, sold out of 21, added to 555 and reduced 140. The biggest buy was SS Financial Select Sector (XLF, shares +60%) and the biggest sale Nvidia (NVDA, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Tokyo, M0
- CIK
- 0000869589
- Portfolio Value
- $15.4B (Q1 2025)
- SEC Filing
- 0001172661-25-001979 ↗ filed May 15, 2025
Holdings Value
Holdings 728 stocks · $15.4B
| VTI VG Morningstar TS MKT ETF-US | 7.05% | 3,944,205 | $1.1B | No change |
| AAPL Apple Inc. | 4.64% | 3,210,747 | $713.2M | Add +5.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.23% | 1,164,154 | $651.2M | No change |
| KOKU Xtrackers MSCI Kokusai Eqty | 3.89% | 6,059,401 | $598.5M | Reduce -0.2% |
| MSFT Microsoft Corp. | 3.79% | 1,551,599 | $582.5M | Reduce -6.6% |
| NVDA Nvidia Corp. | 3.72% | 5,282,631 | $572.5M | Reduce -0.1% |
| XLV SS Health Care Select Sector | 3.34% | 3,517,825 | $513.6M | Reduce -11.3% |
| AMZN Amazon.com Inc. | 2.54% | 2,050,813 | $390.2M | Add +6.5% |
| IVV iShares Core S&P 500 ETF | 2.38% | 650,447 | $365.5M | No change |
| QQQ Invesco QQQ Trust Series 1 | 2.01% | 660,336 | $309.6M | No change |
| XLK SS Technology Select Sector | 1.90% | 1,415,006 | $292.2M | Reduce -15.1% |
| AVGO Broadcom Inc. | 1.64% | 1,510,155 | $252.8M | Reduce -1.7% |
| GOOGL Alphabet Inc. Class A | 1.64% | 1,627,231 | $251.6M | Add +12.1% |
| META Meta Platforms Inc. Class A | 1.62% | 432,427 | $249.2M | Add +12.3% |
| VOO Vanguard S&P 500 ETF | 1.37% | 410,649 | $211.0M | No change |
| XLF SS Financial Select Sector | 1.09% | 3,381,889 | $168.5M | Add +60.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.07% | 391,575 | $164.4M | No change |
| TSLA Tesla Inc. | 0.95% | 566,210 | $146.7M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 0.90% | 890,033 | $139.0M | Add +5.6% |
| XLP SS Consumer Staples Sel Sect | 0.84% | 1,579,530 | $129.0M | No change |
| NFLX Netflix Inc. | 0.83% | 136,494 | $127.3M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 0.81% | 505,555 | $124.0M | Reduce -10.5% |
| LLY Eli Lilly & Co. | 0.76% | 141,341 | $116.7M | Add +0.5% |
| V Visa Inc. Class A | 0.74% | 324,878 | $113.9M | Reduce -2.3% |
| COST Costco Wholesale Corp. | 0.73% | 118,563 | $112.1M | Reduce -8.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.73% | 578,345 | $111.6M | Add +88.5% |
| VGT Vanguard Info Tech ETF | 0.72% | 204,727 | $111.0M | No change |
| SPGI S&P Global Inc. | 0.68% | 206,221 | $104.8M | Reduce -11.5% |
| RSG Republic Services Inc. | 0.68% | 429,748 | $104.1M | Reduce -3.5% |
| LIN Linde PLC | 0.66% | 218,815 | $101.9M | Add +23.2% |
| AZO AutoZone Inc. | 0.62% | 24,879 | $94.9M | Reduce -25.4% |
| UNH Unitedhealth Group Inc. | 0.60% | 174,901 | $91.6M | Add +9.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 162,150 | $86.4M | Add +1.7% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.52% | 229,623 | $79.3M | Reduce -4.7% |
| USSG Xtrackers MSCI USA Sele Eqty | 0.50% | 1,541,000 | $77.6M | Add +13.6% |
| WMT Walmart Inc. | 0.49% | 862,907 | $75.8M | Reduce -49.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.49% | 761,467 | $75.2M | Add +42.8% |
| CRH CRH PLC | 0.43% | 745,783 | $65.6M | Add +130.3% |
| XYLD Global X S&P 500 Cove Call E | 0.42% | 1,652,108 | $65.2M | No change |
| ORCL Oracle Corp. | 0.42% | 458,937 | $64.2M | Reduce -10.8% |
| QYLD Global X Nasd 100 Cov Call | 0.42% | 3,849,837 | $64.0M | No change |
| XOM Exxon Mobil Corp. | 0.42% | 537,811 | $64.0M | Reduce -3.7% |
| CSCO Cisco Systems Inc. | 0.40% | 997,394 | $61.5M | Add +9.6% |
| CDNS Cadence Design SYS Inc. | 0.37% | 222,397 | $56.6M | Add +77.8% |
| MA Mastercard Inc. Class A | 0.37% | 103,017 | $56.5M | Add +0.4% |
| QCOM Qualcomm Inc. | 0.37% | 365,803 | $56.2M | Add +7.8% |
| INTU Intuit Inc. | 0.36% | 90,492 | $55.6M | Reduce -43.7% |
| TMUS T-Mobile US Inc. | 0.35% | 204,666 | $54.6M | Add +12.1% |
| ACN Accenture PLC Class A | 0.35% | 171,395 | $53.5M | Add +122.0% |
| AWK American Water Works Co. Inc. | 0.35% | 362,287 | $53.4M | Add +1443.3% |
| AMD Advanced Micro Devices | 0.34% | 515,580 | $53.0M | Reduce -1.1% |
| TXN Texas Instruments Inc. | 0.34% | 289,235 | $52.0M | Add +8.3% |
| NOW ServiceNow Inc. | 0.34% | 65,243 | $51.9M | Reduce -23.6% |
| JNJ Johnson & Johnson | 0.33% | 309,530 | $51.3M | Add +0.9% |
| PEP Pepsico Inc. | 0.33% | 340,441 | $51.0M | Add +9.8% |
| PG The Procter & Gamble Co. | 0.33% | 296,216 | $50.5M | Reduce -6.0% |
| APH Amphenol Corp. Class A | 0.31% | 725,956 | $47.6M | Add +21.7% |
| ABBV Abbvie Inc. | 0.30% | 223,683 | $46.9M | Add +0.9% |
| HEI Heico Corp. | 0.30% | 172,513 | $46.1M | Add +27.6% |
| PLTR Palantir Technologies Inc. Class A | 0.29% | 535,696 | $45.2M | Add +13.8% |
| HD Home Depot Inc. | 0.29% | 121,317 | $44.5M | Add +1.3% |
| ISRG Intuitive Surgical Inc. | 0.29% | 89,628 | $44.4M | Add +9.6% |
| AMAT Applied Materials Inc. | 0.29% | 303,265 | $44.0M | Reduce -0.6% |
| ADBE Adobe Inc. | 0.28% | 113,824 | $43.7M | Add +8.8% |
| KO The Coca-Cola Co. | 0.27% | 580,412 | $41.6M | Add +1.1% |
| AMGN Amgen Inc. | 0.27% | 133,412 | $41.6M | Add +9.6% |
| GS Goldman Sachs Group Inc. | 0.26% | 72,689 | $39.7M | Reduce -45.9% |
| RCL Royal Caribbean Cruises Ltd. | 0.25% | 186,998 | $38.4M | Reduce -37.1% |
| BKNG Booking Holdings Inc. | 0.24% | 8,144 | $37.5M | Add +8.7% |
| CMCSA Comcast Corp. Class A | 0.23% | 973,245 | $35.9M | Add +8.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 852,000 | $35.6M | Reduce -0.7% |
| CVX Chevron Corp. | 0.23% | 209,540 | $35.1M | Reduce -0.6% |
| GILD Gilead Sciences Inc. | 0.23% | 311,521 | $34.9M | Add +9.6% |
| HON Honeywell International Inc. | 0.22% | 160,807 | $34.1M | Add +9.9% |
| INTC Intel Corp. | 0.22% | 1,470,872 | $33.4M | Add +7.3% |
| ADI Analog Devices Inc. | 0.21% | 163,029 | $32.9M | Reduce -13.8% |
| MU Micron Technology Inc. | 0.21% | 374,167 | $32.5M | Add +8.1% |
| LRCX Lam Research Corp. | 0.21% | 440,669 | $32.0M | Add +4.7% |
| CPAY Corpay Inc. | 0.21% | 91,121 | $31.8M | Add +1048.3% |
| PM Philip Morris International | 0.20% | 198,501 | $31.5M | Add +1.2% |
| KLAC KLA Corp. | 0.20% | 46,343 | $31.5M | Add +2.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 126,121 | $31.4M | Add +2.3% |
| CRM Salesforce Inc. | 0.20% | 116,426 | $31.2M | Add +1.4% |
| MSI Motorola Solutions Inc. | 0.20% | 71,134 | $31.1M | Add +18.9% |
| ADP Automatic Data Processing | 0.20% | 101,751 | $31.1M | Add +9.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.20% | 63,810 | $30.9M | Add +9.6% |
| MRVL Marvell Technology Inc. | 0.20% | 501,423 | $30.9M | Reduce -3.3% |
| ADSK Autodesk Inc. | 0.20% | 117,224 | $30.7M | Add +17.6% |
| AME Ametek Inc. | 0.20% | 174,394 | $30.0M | Add +23.2% |
| WFC Wells Fargo & Co. | 0.19% | 411,292 | $29.5M | Reduce -2.0% |
| MRK Merck & Co. Inc. | 0.19% | 326,940 | $29.3M | Add +0.5% |
| ABT Abbott Laboratories | 0.19% | 216,972 | $28.8M | Add +0.6% |
| CTAS Cintas Corp. | 0.19% | 139,636 | $28.7M | Add +20.3% |
| PANW Palo Alto Networks Inc. | 0.18% | 164,293 | $28.0M | Add +10.7% |
| MCD McDonald's Corp. | 0.18% | 88,024 | $27.5M | Add +1.2% |
| PLD Prologis Inc. | 0.18% | 245,475 | $27.4M | Add +1.4% |
| SBUX Starbucks Corp. | 0.18% | 277,993 | $27.3M | Add +10.1% |
| GE General Electric filed as GE AEROSPACE | 0.17% | 133,917 | $26.8M | Add +0.7% |
| TDY Teledyne Technologies Inc. | 0.17% | 53,765 | $26.8M | Add +24.9% |
| FAST Fastenal Co. | 0.17% | 339,880 | $26.4M | Add +19.9% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -0.1% | 3.72% | −0.70 |
| AVGO Broadcom Inc. | Reduce -1.7% | 1.64% | −0.62 |
| MSFT Microsoft Corp. | Reduce -6.6% | 3.79% | −0.58 |
| XLK SS Technology Select Sector | Reduce -15.1% | 1.90% | −0.52 |
| WMT Walmart Inc. | Reduce -49.4% | 0.49% | −0.46 |
| ETN Eaton Corp. PLC | Reduce -75.8% | 0.10% | −0.38 |
| INTU Intuit Inc. | Reduce -43.7% | 0.36% | −0.27 |
| NOW ServiceNow Inc. | Reduce -23.6% | 0.34% | −0.23 |
| GS Goldman Sachs Group Inc. | Reduce -45.9% | 0.26% | −0.21 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -37.1% | 0.25% | −0.17 |
| MRVL Marvell Technology Inc. | Reduce -3.3% | 0.20% | −0.16 |
| VFC VF Corp. | Reduce -40.1% | 0.10% | −0.12 |
| AMP Ameriprise Financial Inc. | Reduce -41.2% | 0.15% | −0.12 |
| ORCL Oracle Corp. | Reduce -10.8% | 0.42% | −0.11 |
| DECK Deckers Outdoor Corp. | Reduce -36.0% | 0.07% | −0.11 |
| FERG Ferguson Enterprises Inc. | Reduce -79.7% | 0.03% | −0.10 |
| NYT New York Times Co. Class A | Sold out | 0.00% | −0.10 |
| COHR Coherent Corp. | Reduce -47.0% | 0.06% | −0.09 |
| VIPS Vipshop Holdings Ltd. - ADR | Sold out | 0.00% | −0.07 |
| WSC Willscot Holdings Corp. | Reduce -28.5% | 0.12% | −0.07 |
| SHW The Sherwin-Williams Co. | Reduce -52.5% | 0.07% | −0.07 |
| AMD Advanced Micro Devices | Reduce -1.1% | 0.34% | −0.05 |
| AZO AutoZone Inc. | Reduce -25.4% | 0.62% | −0.04 |
| ADI Analog Devices Inc. | Reduce -13.8% | 0.21% | −0.04 |
| SPGI S&P Global Inc. | Reduce -11.5% | 0.68% | −0.03 |
| CEG Constellation Energy | Reduce -19.2% | 0.10% | −0.03 |
| NKE Nike Inc. Class B | Reduce -16.9% | 0.08% | −0.03 |
| ASH Ashland Inc. | Sold out | 0.00% | −0.03 |
| AA Alcoa Corp. | Sold out | 0.00% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -10.5% | 0.81% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -0.6% | 0.29% | −0.02 |
| XLV SS Health Care Select Sector | Reduce -11.3% | 3.34% | −0.02 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -35.6% | 0.05% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -8.7% | 0.73% | −0.02 |
| PCG P G & E Corp. | Reduce -23.1% | 0.03% | −0.01 |
| PWR Quanta Services Inc. | Reduce -8.3% | 0.04% | −0.01 |
| AIZ Assurant Inc. | Reduce -39.1% | 0.02% | −0.01 |
| BLD Topbuild Corp. | Reduce -21.6% | 0.04% | −0.01 |
| DOCU Docusign Inc. | Reduce -14.9% | 0.03% | −0.01 |
| IP International Paper Co. | Reduce -19.3% | 0.04% | −0.01 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -23.4% | 0.05% | −0.01 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.01 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.01 |
| AES AES Corp. | Sold out | 0.00% | −0.01 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.01 |
| KNX Knight-Swift Transportation | Sold out | 0.00% | −0.01 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.01 |
| TTC Toro Co. | Reduce -51.7% | 0.01% | −0.01 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| XLF SS Financial Select Sector | Add +60.1% | 1.09% | +0.47 |
| AWK American Water Works Co. Inc. | Add +1443.3% | 0.35% | +0.33 |
| QQQM Invesco Nasdaq 100 ETF | Add +88.5% | 0.73% | +0.32 |
| CRH CRH PLC | Add +130.3% | 0.43% | +0.24 |
| META Meta Platforms Inc. Class A | Add +12.3% | 1.62% | +0.21 |
| LIN Linde PLC | Add +23.2% | 0.66% | +0.20 |
| CPAY Corpay Inc. | Add +1048.3% | 0.21% | +0.19 |
| ACN Accenture PLC Class A | Add +122.0% | 0.35% | +0.18 |
| CDNS Cadence Design SYS Inc. | Add +77.8% | 0.37% | +0.13 |
| DIS The Walt Disney Co. | Add +42.8% | 0.49% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.7% | 0.56% | +0.12 |
| TMUS T-Mobile US Inc. | Add +12.1% | 0.35% | +0.11 |
| HEI Heico Corp. | Add +27.6% | 0.30% | +0.10 |
| UNH Unitedhealth Group Inc. | Add +9.6% | 0.60% | +0.10 |
| WMS Advanced Drainage Systems Inc. | Add +160.9% | 0.14% | +0.09 |
| LLY Eli Lilly & Co. | Add +0.5% | 0.76% | +0.09 |
| NFLX Netflix Inc. | Add +1.5% | 0.83% | +0.08 |
| AMGN Amgen Inc. | Add +9.6% | 0.27% | +0.08 |
| CSCO Cisco Systems Inc. | Add +9.6% | 0.40% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +13.8% | 0.29% | +0.07 |
| ABBV Abbvie Inc. | Add +0.9% | 0.30% | +0.06 |
| GILD Gilead Sciences Inc. | Add +9.6% | 0.23% | +0.06 |
| JNJ Johnson & Johnson | Add +0.9% | 0.33% | +0.06 |
| PM Philip Morris International | Add +1.2% | 0.20% | +0.06 |
| CTAS Cintas Corp. | Add +20.3% | 0.19% | +0.06 |
| VRTX Vertex Pharmaceuticals Inc. | Add +9.6% | 0.20% | +0.06 |
| APH Amphenol Corp. Class A | Add +21.7% | 0.31% | +0.05 |
| KO The Coca-Cola Co. | Add +1.1% | 0.27% | +0.05 |
| USSG Xtrackers MSCI USA Sele Eqty | Add +13.6% | 0.50% | +0.05 |
| TDY Teledyne Technologies Inc. | Add +24.9% | 0.17% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +79.8% | 0.13% | +0.05 |
| INTC Intel Corp. | Add +7.3% | 0.22% | +0.05 |
| FAST Fastenal Co. | Add +19.9% | 0.17% | +0.04 |
| PEP Pepsico Inc. | Add +9.8% | 0.33% | +0.04 |
| WELL Welltower Inc. | Add +3.2% | 0.16% | +0.04 |
| GLDM SPDR Gold Minishares Trust | Add +135.8% | 0.06% | +0.04 |
| T AT&T Inc. | Add +1.3% | 0.17% | +0.04 |
| AMT American Tower Corp. | Add +11.0% | 0.14% | +0.04 |
| QCOM Qualcomm Inc. | Add +7.8% | 0.37% | +0.04 |
| TDG Transdigm Group Inc. | Add +16.1% | 0.15% | +0.04 |
| AME Ametek Inc. | Add +23.2% | 0.20% | +0.04 |
| MELI MercadoLibre Inc. | Add +10.5% | 0.15% | +0.04 |
| ORLY O'reilly Automotive Inc. | Add +9.2% | 0.13% | +0.04 |
| SE Sea Ltd.-ADR | Add +8.3% | 0.13% | +0.04 |
| IBM Intl Business Machines Corp. | Add +2.3% | 0.20% | +0.04 |
| GE General Electric | Add +0.7% | 0.17% | +0.04 |
| ABT Abbott Laboratories | Add +0.6% | 0.19% | +0.04 |
| TEL Te Connectivity PLC | New | 0.04% | +0.04 |
| SBUX Starbucks Corp. | Add +10.1% | 0.18% | +0.04 |
| ADP Automatic Data Processing | Add +9.6% | 0.20% | +0.03 |
Notes & Other Activity Q4 2024 → Q1 2025
| TEL Te Connectivity PLC | ORD SHS · principal | Sold out | 38,910 | $5.6Mbefore exit |
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 |