Nissay Asset Management Corp. /Japan
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Nissay Asset Management Corp. /Japan reported 667 stock positions worth $18.1 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 6.6% of the portfolio, followed by Nvidia (NVDA, 6.0%) and Microsoft (MSFT, 5.0%). Compared with Q2 2025, it opened 20 new positions, sold out of 48, added to 406 and reduced 179. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +838%) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).
- Most Recent 13F
- Q2 2026
- Location
- Tokyo, M0
- CIK
- 0000869589
- Portfolio Value
- $18.1B (Q3 2025)
- SEC Filing
- 0001172661-25-004895 ↗ filed Nov 14, 2025
Holdings Value
Holdings 667 stocks · $18.1B
| VTI VG Morningstar TS MKT ETF-US | 6.64% | 3,663,005 | $1.2B | Reduce -7.1% |
| NVDA Nvidia Corp. | 5.99% | 5,812,095 | $1.1B | Add +5.0% |
| MSFT Microsoft Corp. | 5.03% | 1,759,430 | $911.3M | Add +4.2% |
| AAPL Apple Inc. | 4.40% | 3,129,350 | $796.8M | Add +1.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.32% | 9,989,832 | $782.6M | Add +838.3% |
| KOKU Xtrackers MSCI Kokusai Eqty | 3.76% | 5,828,045 | $680.0M | Reduce -2.2% |
| AVGO Broadcom Inc. | 2.84% | 1,559,549 | $514.5M | Add +1.8% |
| XLV SS Health Care Select Sector | 2.70% | 3,517,825 | $489.6M | No change |
| IVV iShares Core S&P 500 ETF | 2.40% | 650,447 | $435.3M | No change |
| AMZN Amazon.com Inc. | 2.34% | 1,927,582 | $423.2M | Reduce -8.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.19% | 660,336 | $396.4M | No change |
| META Meta Platforms Inc. Class A | 2.13% | 524,922 | $385.5M | Add +10.9% |
| GOOGL Alphabet Inc. Class A | 1.94% | 1,446,783 | $351.7M | Reduce -12.9% |
| TSLA Tesla Inc. | 1.44% | 584,637 | $260.0M | Reduce -0.3% |
| XLF SS Financial Select Sector | 1.37% | 4,593,671 | $247.5M | Add +40.9% |
| GOOG Alphabet Inc. Class C | 1.23% | 911,853 | $222.1M | Add +0.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.00% | 391,575 | $181.6M | No change |
| NFLX Netflix Inc. | 0.95% | 143,915 | $172.5M | Add +19.2% |
| APH Amphenol Corp. Class A | 0.92% | 1,341,896 | $166.1M | Add +78.8% |
| JPM JPMorgan Chase & Co. | 0.89% | 509,555 | $160.7M | Reduce -25.5% |
| XLK SS Technology Select Sector | 0.85% | 544,222 | $153.4M | No change |
| VGT Vanguard Info Tech ETF | 0.84% | 204,727 | $152.9M | No change |
| VOO Vanguard S&P 500 ETF | 0.80% | 236,572 | $144.9M | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.79% | 578,345 | $142.9M | No change |
| WMT Walmart Inc. | 0.74% | 1,301,078 | $134.1M | Add +5.7% |
| XLP SS Consumer Staples Sel Sect | 0.68% | 1,579,530 | $123.8M | No change |
| ORCL Oracle Corp. | 0.66% | 422,656 | $118.9M | Add +1.5% |
| GS Goldman Sachs Group Inc. | 0.63% | 142,662 | $113.6M | Add +83.6% |
| LLY Eli Lilly & Co. | 0.61% | 145,513 | $111.0M | Reduce -16.2% |
| COST Costco Wholesale Corp. | 0.60% | 117,234 | $108.5M | Reduce -3.7% |
| PLTR Palantir Technologies Inc. Class A | 0.60% | 592,555 | $108.1M | Add +5.2% |
| HD Home Depot Inc. | 0.58% | 259,595 | $105.2M | Add +111.9% |
| INTU Intuit Inc. | 0.54% | 142,734 | $97.5M | Add +7.6% |
| V Visa Inc. Class A | 0.54% | 285,143 | $97.3M | Reduce -1.3% |
| AZO AutoZone Inc. | 0.52% | 21,753 | $93.3M | Add +41.5% |
| AMD Advanced Micro Devices | 0.51% | 569,686 | $92.2M | Add +8.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 168,622 | $84.8M | Add +0.7% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.47% | 272,527 | $84.4M | Add +122.6% |
| C Citigroup Inc. | 0.43% | 771,883 | $78.3M | Add +228.5% |
| CSCO Cisco Systems Inc. | 0.40% | 1,047,499 | $71.7M | Add +2.0% |
| QYLD Global X Nasd 100 Cov Call | 0.36% | 3,849,837 | $65.5M | No change |
| XYLD Global X S&P 500 Cove Call E | 0.36% | 1,652,108 | $64.9M | No change |
| MA Mastercard Inc. Class A | 0.35% | 112,917 | $64.2M | Add +5.4% |
| MU Micron Technology Inc. | 0.35% | 378,838 | $63.4M | Reduce -2.6% |
| CDNS Cadence Design SYS Inc. | 0.35% | 179,349 | $63.0M | Add +4.7% |
| QCOM Qualcomm Inc. | 0.35% | 377,529 | $62.8M | Reduce -1.1% |
| XOM Exxon Mobil Corp. | 0.34% | 549,212 | $61.9M | Add +0.6% |
| AMAT Applied Materials Inc. | 0.34% | 298,906 | $61.2M | Add +1.0% |
| HEI Heico Corp. | 0.34% | 188,176 | $60.7M | Add +6.8% |
| LRCX Lam Research Corp. | 0.33% | 442,405 | $59.2M | Reduce -4.7% |
| JNJ Johnson & Johnson | 0.33% | 317,443 | $58.9M | Add +1.7% |
| DE Deere & Co. | 0.31% | 124,151 | $56.8M | Add +198.5% |
| ROK Rockwell Automation Inc. | 0.31% | 161,637 | $56.5M | Add +1030.6% |
| SPGI S&P Global Inc. | 0.31% | 115,026 | $56.0M | Reduce -20.9% |
| TXN Texas Instruments Inc. | 0.31% | 303,208 | $55.7M | Add +0.5% |
| ADI Analog Devices Inc. | 0.30% | 217,893 | $53.5M | Reduce -44.1% |
| INTC Intel Corp. | 0.29% | 1,570,253 | $52.7M | Reduce -3.0% |
| ABBV Abbvie Inc. | 0.29% | 224,993 | $52.1M | Add +0.7% |
| TMUS T-Mobile US Inc. | 0.28% | 213,724 | $51.2M | Add +4.7% |
| APP AppLovin Corp. Class A | 0.28% | 70,417 | $50.6M | Add +2.0% |
| PEP Pepsico Inc. | 0.28% | 357,296 | $50.2M | Add +1.6% |
| KLAC KLA Corp. | 0.28% | 46,223 | $49.9M | Reduce -1.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 432,589 | $49.5M | Reduce -35.9% |
| PG The Procter & Gamble Co. | 0.26% | 306,603 | $47.1M | Add +0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 894,924 | $46.2M | Add +0.0% |
| BKNG Booking Holdings Inc. | 0.25% | 8,422 | $45.5M | Add +1.4% |
| VRT Vertiv Holdings Co. Class A | 0.25% | 298,241 | $45.0M | Reduce -32.7% |
| GE General Electric filed as GE AEROSPACE | 0.25% | 149,071 | $44.8M | Add +0.1% |
| ISRG Intuitive Surgical Inc. | 0.23% | 93,812 | $42.0M | Add +1.2% |
| ADBE Adobe Inc. | 0.23% | 116,422 | $41.1M | Add +0.9% |
| UNH Unitedhealth Group Inc. | 0.22% | 117,460 | $40.6M | Reduce -0.1% |
| ADSK Autodesk Inc. | 0.22% | 124,776 | $39.6M | Add +3.4% |
| AMGN Amgen Inc. | 0.22% | 140,068 | $39.5M | Add +1.7% |
| CVX Chevron Corp. | 0.22% | 252,207 | $39.2M | Add +18.5% |
| ULTA Ulta Beauty Inc. | 0.21% | 71,084 | $38.9M | Reduce -12.0% |
| KO The Coca-Cola Co. | 0.21% | 562,713 | $37.3M | Reduce -3.6% |
| MRVL Marvell Technology Inc. | 0.20% | 431,812 | $36.3M | Add +1.4% |
| GILD Gilead Sciences Inc. | 0.20% | 326,976 | $36.3M | Add +1.6% |
| FAST Fastenal Co. | 0.20% | 733,026 | $35.9M | Add +4.8% |
| MSI Motorola Solutions Inc. | 0.20% | 77,812 | $35.6M | Add +4.8% |
| AME Ametek Inc. | 0.20% | 188,930 | $35.5M | Add +6.0% |
| PANW Palo Alto Networks Inc. | 0.19% | 171,728 | $35.0M | Add +1.9% |
| HON Honeywell International Inc. | 0.19% | 164,285 | $34.6M | Add +0.7% |
| TDY Teledyne Technologies Inc. | 0.19% | 58,454 | $34.3M | Add +6.3% |
| WFC Wells Fargo & Co. | 0.19% | 407,917 | $34.2M | Add +0.1% |
| GLDM SPDR Gold Minishares Trust | 0.19% | 446,941 | $34.2M | Add +49.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 121,070 | $34.2M | Reduce -2.7% |
| WELL Welltower Inc. | 0.18% | 182,296 | $32.5M | Add +4.5% |
| PM Philip Morris International | 0.18% | 199,014 | $32.3M | Reduce -1.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 64,815 | $31.8M | Add +2.6% |
| CMCSA Comcast Corp. Class A | 0.17% | 998,002 | $31.4M | Add +0.5% |
| ADP Automatic Data Processing | 0.17% | 106,240 | $31.2M | Add +1.4% |
| ABT Abbott Laboratories | 0.17% | 225,976 | $30.3M | Add +1.0% |
| RSG Republic Services Inc. | 0.16% | 129,630 | $29.7M | Reduce -59.4% |
| ANET Arista Networks Inc. | 0.16% | 203,329 | $29.6M | Reduce -1.0% |
| MELI MercadoLibre Inc. | 0.16% | 12,413 | $29.0M | Add +1.8% |
| PLD Prologis Inc. | 0.16% | 253,027 | $29.0M | Reduce -0.3% |
| CAT Caterpillar Inc. | 0.16% | 60,330 | $28.8M | Reduce -0.9% |
| RTX RTX Corp. | 0.16% | 168,908 | $28.3M | Add +1.7% |
| CRM Salesforce Inc. | 0.16% | 119,030 | $28.2M | Add +0.5% |
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −4.21 |
| LIN Linde PLC | Sold out | 0.00% | −0.62 |
| USSG Xtrackers MSCI USA Sele Eqty | Sold out | 0.00% | −0.54 |
| NOW ServiceNow Inc. | Reduce -70.2% | 0.14% | −0.40 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -7.1% | 6.64% | −0.38 |
| AMZN Amazon.com Inc. | Reduce -8.2% | 2.34% | −0.36 |
| RSG Republic Services Inc. | Reduce -59.4% | 0.16% | −0.30 |
| JPM JPMorgan Chase & Co. | Reduce -25.5% | 0.89% | −0.27 |
| ADI Analog Devices Inc. | Reduce -44.1% | 0.30% | −0.25 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.24 |
| DIS The Walt Disney Co. | Reduce -35.9% | 0.27% | −0.22 |
| AWK American Water Works Co. Inc. | Reduce -88.7% | 0.02% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -16.2% | 0.61% | −0.18 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.16 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.15 |
| SPGI S&P Global Inc. | Reduce -20.9% | 0.31% | −0.14 |
| WSC Willscot Holdings Corp. | Reduce -97.1% | 0.00% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -3.7% | 0.60% | −0.11 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.09 |
| VRT Vertiv Holdings Co. Class A | Reduce -32.7% | 0.25% | −0.08 |
| BLD Topbuild Corp. | Reduce -48.9% | 0.11% | −0.08 |
| SE Sea Ltd.-ADR | Reduce -57.4% | 0.07% | −0.08 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.08 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.07 |
| CTAS Cintas Corp. | Reduce -29.8% | 0.11% | −0.07 |
| KOKU Xtrackers MSCI Kokusai Eqty | Reduce -2.2% | 3.76% | −0.07 |
| V Visa Inc. Class A | Reduce -1.3% | 0.54% | −0.06 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -47.2% | 0.10% | −0.06 |
| CPAY Corpay Inc. | Reduce -76.5% | 0.01% | −0.06 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.05 |
| T AT&T Inc. | Reduce -14.2% | 0.15% | −0.04 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.04 |
| PM Philip Morris International | Reduce -1.5% | 0.18% | −0.04 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.04 |
| KO The Coca-Cola Co. | Reduce -3.6% | 0.21% | −0.04 |
| HES Hess Corp. | Sold out | 0.00% | −0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -87.4% | 0.00% | −0.03 |
| CHTR Charter Communications Inc. Class A | Reduce -1.7% | 0.04% | −0.03 |
| MCHP Microchip Technology Inc. | Reduce -10.7% | 0.09% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -2.7% | 0.19% | −0.03 |
| GRMN Garmin Ltd. | Sold out | 0.00% | −0.02 |
| PGR Progressive Corp. | Reduce -7.5% | 0.10% | −0.02 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.02 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.02 |
| TJX TJX Companies Inc. | Reduce -22.5% | 0.12% | −0.02 |
| GRAB Grab Holdings Ltd. Class A | Reduce -71.0% | 0.01% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.1% | 0.12% | −0.02 |
| DECK Deckers Outdoor Corp. | Reduce -3.9% | 0.15% | −0.02 |
| AMCR Amcor PLC | Sold out | 0.00% | −0.02 |
| STE Steris PLC | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +838.3% | 4.32% | +3.87 |
| NVDA Nvidia Corp. | Add +5.0% | 5.99% | +0.87 |
| AAPL Apple Inc. | Add +1.8% | 4.40% | +0.71 |
| APH Amphenol Corp. Class A | Add +78.8% | 0.92% | +0.48 |
| AVGO Broadcom Inc. | Add +1.8% | 2.84% | +0.37 |
| XLF SS Financial Select Sector | Add +40.9% | 1.37% | +0.37 |
| HD Home Depot Inc. | Add +111.9% | 0.58% | +0.32 |
| C Citigroup Inc. | Add +228.5% | 0.43% | +0.32 |
| GS Goldman Sachs Group Inc. | Add +83.6% | 0.63% | +0.31 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 1.23% | +0.29 |
| ROK Rockwell Automation Inc. | Add +1030.6% | 0.31% | +0.28 |
| AJG Arthur J Gallagher & Co. | Add +122.6% | 0.47% | +0.24 |
| DE Deere & Co. | Add +198.5% | 0.31% | +0.19 |
| AZO AutoZone Inc. | Add +41.5% | 0.52% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +5.2% | 0.60% | +0.15 |
| APP AppLovin Corp. Class A | Add +2.0% | 0.28% | +0.14 |
| FFIV F5 Inc. | Add +958.0% | 0.14% | +0.13 |
| ORCL Oracle Corp. | Add +1.5% | 0.66% | +0.12 |
| MSFT Microsoft Corp. | Add +4.2% | 5.03% | +0.11 |
| META Meta Platforms Inc. Class A | Add +10.9% | 2.13% | +0.08 |
| GLDM SPDR Gold Minishares Trust | Add +49.6% | 0.19% | +0.07 |
| AMD Advanced Micro Devices | Add +8.8% | 0.51% | +0.07 |
| SFM Sprouts Farmers Market Inc. | New | 0.05% | +0.05 |
| TRI Thomson Reuters Corp. | New | 0.05% | +0.05 |
| JNJ Johnson & Johnson | Add +1.7% | 0.33% | +0.05 |
| ABBV Abbvie Inc. | Add +0.7% | 0.29% | +0.04 |
| CDNS Cadence Design SYS Inc. | Add +4.7% | 0.35% | +0.04 |
| CVX Chevron Corp. | Add +18.5% | 0.22% | +0.04 |
| ALAB Astera Labs Inc. | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +5.7% | 0.74% | +0.04 |
| CRDO Credo Technology Group Holdi | New | 0.03% | +0.03 |
| CNP Centerpoint Energy Inc. | Add +150.1% | 0.04% | +0.03 |
| FAST Fastenal Co. | Add +4.8% | 0.20% | +0.03 |
| SHOP Shopify Inc. Class A | Add +2.7% | 0.13% | +0.03 |
| WBD Warner Bros Discovery Inc. | Add +1.8% | 0.07% | +0.03 |
| CBRE CBRE Group Inc. Class A | Add +47.0% | 0.07% | +0.02 |
| RBLX Roblox Corp. Class A | Add +1.5% | 0.12% | +0.02 |
| TDY Teledyne Technologies Inc. | Add +6.3% | 0.19% | +0.02 |
| BKR Baker Hughes Co. | Add +8.5% | 0.10% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | Add +1.8% | 0.07% | +0.02 |
| GE General Electric | Add +0.1% | 0.25% | +0.02 |
| WELL Welltower Inc. | Add +4.5% | 0.18% | +0.02 |
| AMAT Applied Materials Inc. | Add +1.0% | 0.34% | +0.02 |
| GEV GE Vernova Inc. | Add +8.6% | 0.13% | +0.02 |
| SOFI Sofi Technologies Inc. | New | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.0% | 0.13% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +1.7% | 0.14% | +0.02 |
| XEL Xcel Energy Inc. | Add +7.1% | 0.11% | +0.02 |
| ORLY O'reilly Automotive Inc. | Add +1.3% | 0.13% | +0.02 |
| TPR Tapestry Inc. | New | 0.02% | +0.02 |
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 |