Norinchukin Bank, The
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Norinchukin Bank, The reported 567 stock positions worth $10.3 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.0% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.0%) and Vanguard S&P 500 ETF (VOO, 4.9%). Compared with Q1 2026, it opened 14 new positions, sold out of 9, added to 281 and reduced 262. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +72%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- TOKYO, M0
- CIK
- 0001496637
- Portfolio Value
- $10.3B (Q2 2026)
- SEC Filing
- 0000905148-26-003695 ↗ filed Aug 14, 2026
Holdings Value
Holdings 567 stocks · $10.3B
| SPY SS SPDR S&P 500 ETF Trust-US | 8.96% | 1,233,000 | $920.8M | No change |
| IVV iShares Core S&P 500 ETF | 5.97% | 819,080 | $613.4M | Add +71.7% |
| VOO Vanguard S&P 500 ETF | 4.90% | 733,080 | $503.5M | No change |
| VTI VG Morningstar TS MKT ETF-US | 3.76% | 1,045,000 | $386.7M | Add +22.9% |
| ITOT iShares Core S&P Total U.S. | 3.59% | 2,246,560 | $369.0M | No change |
| NVDA Nvidia Corp. | 3.57% | 1,832,081 | $366.6M | Add +0.6% |
| BBUS JPMorgan Betabuilders US Equ | 3.22% | 2,459,000 | $331.3M | No change |
| QQQM Invesco Nasdaq 100 ETF | 3.18% | 1,080,000 | $327.2M | Add +31.2% |
| AAPL Apple Inc. | 3.09% | 1,097,240 | $317.5M | Add +1.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.00% | 3,511,270 | $308.6M | No change |
| SCHX Schwab US Large-Cap ETF | 2.92% | 10,180,000 | $299.6M | No change |
| AMZN Amazon.com Inc. | 2.00% | 864,176 | $206.0M | Reduce -3.7% |
| MSFT Microsoft Corp. | 1.96% | 538,688 | $200.9M | Reduce -12.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.86% | 260,000 | $191.5M | Reduce -49.8% |
| GOOGL Alphabet Inc. Class A | 1.48% | 426,036 | $152.3M | Add +1.3% |
| GOVT iShares US Treasury Bond ETF | 1.44% | 6,494,554 | $147.9M | Add +5.5% |
| ONEQ Fidelity Nasdaq Comp Indx | 1.30% | 1,298,000 | $134.0M | New |
| AVGO Broadcom Inc. | 1.29% | 349,853 | $132.2M | Add +1.0% |
| GOOG Alphabet Inc. Class C | 1.20% | 349,386 | $123.4M | Add +0.4% |
| MU Micron Technology Inc. | 1.18% | 105,306 | $121.6M | Add +3.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.00% | 300,000 | $103.2M | No change |
| TSLA Tesla Inc. | 0.97% | 238,220 | $100.2M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.92% | 168,224 | $94.8M | Add +1.4% |
| AMD Advanced Micro Devices | 0.89% | 157,324 | $91.4M | Add +1.6% |
| V Visa Inc. Class A | 0.83% | 247,328 | $84.9M | Reduce -4.7% |
| COST Costco Wholesale Corp. | 0.74% | 81,210 | $76.0M | Reduce -3.4% |
| INTC Intel Corp. | 0.62% | 459,606 | $64.2M | Add +2.3% |
| IWB iShares Russell 1000 ETF | 0.62% | 155,000 | $63.5M | New |
| TXN Texas Instruments Inc. | 0.61% | 209,552 | $62.5M | Reduce -19.8% |
| LLY Eli Lilly & Co. | 0.56% | 48,255 | $57.9M | Add +2.4% |
| AMAT Applied Materials Inc. | 0.56% | 79,045 | $57.1M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 0.54% | 169,305 | $55.4M | Reduce -1.7% |
| LRCX Lam Research Corp. | 0.52% | 122,596 | $53.1M | Add +1.7% |
| WMT Walmart Inc. | 0.50% | 449,267 | $50.9M | Add +0.9% |
| SPGI S&P Global Inc. | 0.47% | 119,306 | $48.6M | Add +9.0% |
| LIN Linde PLC | 0.46% | 91,783 | $47.6M | Reduce -2.0% |
| CSCO Cisco Systems Inc. | 0.45% | 394,019 | $46.3M | Add +0.9% |
| APH Amphenol Corp. Class A | 0.43% | 249,346 | $44.0M | Add +8.8% |
| DE Deere & Co. | 0.41% | 66,830 | $42.4M | Add +4.6% |
| KLAC KLA Corp. | 0.38% | 130,098 | $39.3M | Add +2.9% |
| JNJ Johnson & Johnson | 0.37% | 150,334 | $38.2M | Reduce -3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 73,026 | $36.5M | Reduce -25.2% |
| SHW The Sherwin-Williams Co. | 0.35% | 104,196 | $35.9M | Reduce -0.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.35% | 235,071 | $35.6M | Reduce -7.3% |
| ZTS Zoetis Inc. | 0.34% | 491,724 | $35.3M | Add +22.7% |
| CAT Caterpillar Inc. | 0.34% | 32,691 | $34.8M | Reduce -10.7% |
| TSCO Tractor Supply Company | 0.33% | 1,088,517 | $34.4M | Add +79.5% |
| RMD Resmed Inc. | 0.33% | 175,178 | $34.1M | Add +36.9% |
| SCI Service Corp. International | 0.33% | 442,479 | $33.6M | Add +24.6% |
| SNDK Sandisk Corp. | 0.31% | 13,943 | $31.7M | Add +68.6% |
| CTAS Cintas Corp. | 0.31% | 186,263 | $31.7M | Add +16.3% |
| FAST Fastenal Co. | 0.30% | 650,475 | $31.2M | Reduce -1.5% |
| EW Edwards Lifesciences Corp. | 0.30% | 341,927 | $30.9M | Reduce -13.4% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.30% | 224,533 | $30.9M | Add +10.9% |
| NFLX Netflix Inc. | 0.29% | 416,806 | $29.8M | Add +1.1% |
| ITW Illinois Tool Works | 0.29% | 110,014 | $29.8M | Add +11.6% |
| PANW Palo Alto Networks Inc. | 0.28% | 84,495 | $28.8M | Add +2.5% |
| CHD Church & Dwight Co. Inc. | 0.28% | 293,683 | $28.5M | Reduce -5.6% |
| MA Mastercard Inc. Class A | 0.27% | 54,686 | $28.1M | Add +6.5% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 237,281 | $27.7M | Add +1.0% |
| XOM Exxon Mobil Corp. | 0.26% | 198,700 | $27.2M | Reduce -3.8% |
| ABBV Abbvie Inc. | 0.26% | 107,762 | $27.1M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.26% | 63,267 | $26.3M | Reduce -3.1% |
| VRSK Verisk Analytics Inc. | 0.25% | 141,382 | $25.4M | Reduce -13.5% |
| GS Goldman Sachs Group Inc. | 0.25% | 25,070 | $25.4M | Reduce -3.7% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 65,313 | $24.4M | Add +0.5% |
| HD Home Depot Inc. | 0.23% | 68,420 | $24.1M | Reduce -1.5% |
| ROL Rollins Inc. | 0.23% | 567,116 | $23.7M | Add +80.2% |
| BAC Bank of America Corp. | 0.22% | 399,459 | $22.8M | Reduce -1.3% |
| STE Steris PLC | 0.22% | 106,851 | $22.5M | Add +5.4% |
| PG The Procter & Gamble Co. | 0.21% | 150,173 | $22.0M | Add +3.0% |
| AMGN Amgen Inc. | 0.21% | 59,210 | $21.4M | Reduce -2.8% |
| CVX Chevron Corp. | 0.21% | 129,288 | $21.4M | Reduce -1.7% |
| KO The Coca-Cola Co. | 0.20% | 257,920 | $21.0M | Reduce -2.1% |
| WDC Western Digital Corp. | 0.20% | 32,748 | $20.9M | Add +1.5% |
| STX Seagate Technology Holdings | 0.20% | 21,112 | $20.4M | Add +4.5% |
| MRVL Marvell Technology Inc. | 0.20% | 68,114 | $20.3M | Add +108.7% |
| TW Tradeweb Markets Inc. Class A | 0.20% | 202,563 | $20.2M | Add +4.5% |
| MRK Merck & Co. Inc. | 0.19% | 152,112 | $19.5M | Reduce -0.8% |
| QCOM Qualcomm Inc. | 0.19% | 103,324 | $19.1M | Add +0.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 24,939 | $19.0M | Add +2.3% |
| ADI Analog Devices Inc. | 0.18% | 46,291 | $18.4M | Reduce -0.2% |
| GEV GE Vernova Inc. | 0.18% | 15,428 | $18.1M | Reduce -4.5% |
| PM Philip Morris International | 0.17% | 98,743 | $17.9M | Add +1.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 62,938 | $17.7M | Reduce -2.8% |
| PEP Pepsico Inc. | 0.17% | 128,213 | $17.4M | Add +2.0% |
| WELL Welltower Inc. | 0.16% | 74,383 | $16.9M | Add +6.9% |
| MS Morgan Stanley | 0.16% | 79,708 | $16.7M | Add +8.7% |
| CPRT Copart Inc. | 0.16% | 580,678 | $16.4M | Add +41.0% |
| RTX RTX Corp. | 0.16% | 84,303 | $16.0M | Reduce -4.9% |
| GILD Gilead Sciences Inc. | 0.15% | 120,669 | $15.2M | Add +1.1% |
| WFC Wells Fargo & Co. | 0.14% | 177,953 | $14.7M | Add +0.5% |
| ORCL Oracle Corp. | 0.14% | 98,655 | $14.5M | Add +0.4% |
| APP AppLovin Corp. Class A | 0.14% | 27,711 | $14.3M | Add +0.8% |
| BKNG Booking Holdings Inc. | 0.14% | 79,025 | $14.1M | Reduce -2.0% |
| ISRG Intuitive Surgical Inc. | 0.14% | 35,415 | $14.1M | Add +1.1% |
| PLD Prologis Inc. | 0.14% | 103,915 | $14.1M | Reduce -0.5% |
| AXP American Express Co. | 0.14% | 41,518 | $14.0M | Add +1.4% |
| C Citigroup Inc. | 0.14% | 99,179 | $13.9M | Reduce -7.0% |
| MCD McDonald's Corp. | 0.13% | 48,190 | $13.0M | Reduce -4.5% |
Portfolio Sells Q1 2026 → Q2 2026
| QQQ Invesco QQQ Trust Series 1 | Reduce -49.8% | 1.86% | −1.63 |
| MSFT Microsoft Corp. | Reduce -12.8% | 1.96% | −0.71 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -97.1% | 0.01% | −0.30 |
| COST Costco Wholesale Corp. | Reduce -3.4% | 0.74% | −0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -25.2% | 0.36% | −0.19 |
| AMZN Amazon.com Inc. | Reduce -3.7% | 2.00% | −0.18 |
| NKE Nike Inc. Class B | Reduce -76.5% | 0.03% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -3.8% | 0.26% | −0.14 |
| TJX TJX Companies Inc. | Reduce -7.3% | 0.35% | −0.13 |
| VRSK Verisk Analytics Inc. | Reduce -13.5% | 0.25% | −0.12 |
| CVX Chevron Corp. | Reduce -1.7% | 0.21% | −0.11 |
| V Visa Inc. Class A | Reduce -4.7% | 0.83% | −0.09 |
| LIN Linde PLC | Reduce -2.0% | 0.46% | −0.08 |
| JNJ Johnson & Johnson | Reduce -3.0% | 0.37% | −0.07 |
| EW Edwards Lifesciences Corp. | Reduce -13.4% | 0.30% | −0.07 |
| CHD Church & Dwight Co. Inc. | Reduce -5.6% | 0.28% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -1.5% | 0.11% | −0.06 |
| CRM Salesforce Inc. | Reduce -15.2% | 0.08% | −0.06 |
| MCD McDonald's Corp. | Reduce -4.5% | 0.13% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -7.3% | 0.10% | −0.05 |
| FAST Fastenal Co. | Reduce -1.5% | 0.30% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -1.7% | 0.54% | −0.05 |
| RTX RTX Corp. | Reduce -4.9% | 0.16% | −0.04 |
| ABT Abbott Laboratories | Reduce -19.5% | 0.06% | −0.04 |
| SHW The Sherwin-Williams Co. | Reduce -0.6% | 0.35% | −0.04 |
| AMGN Amgen Inc. | Reduce -2.8% | 0.21% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -2.3% | 0.09% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -29.6% | 0.03% | −0.03 |
| HD Home Depot Inc. | Reduce -1.5% | 0.23% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -5.0% | 0.06% | −0.03 |
| REGN Regeneron Pharmaceuticals | Reduce -1.4% | 0.06% | −0.03 |
| KO The Coca-Cola Co. | Reduce -2.1% | 0.20% | −0.03 |
| NOC Northrop Grumman Corp. | Reduce -5.2% | 0.04% | −0.03 |
| DIS The Walt Disney Co. | Reduce -3.6% | 0.10% | −0.03 |
| UBER Uber Technologies Inc. | Reduce -1.1% | 0.12% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.8% | 0.19% | −0.03 |
| NEM Newmont Corp. | Reduce -2.0% | 0.06% | −0.03 |
| PLD Prologis Inc. | Reduce -0.5% | 0.14% | −0.02 |
| BA The Boeing Co. | Reduce -8.1% | 0.12% | −0.02 |
| CTSH Cognizant Tech Solutions-A | Reduce -36.3% | 0.01% | −0.02 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.02 |
| AEP American Electric Power | Reduce -14.8% | 0.06% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -2.0% | 0.14% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -2.6% | 0.07% | −0.02 |
| MPC Marathon Petroleum Corp. | Reduce -28.2% | 0.03% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.2% | 0.10% | −0.02 |
| EQIX Equinix Inc. | Reduce -7.6% | 0.09% | −0.02 |
| CSX CSX Corp. | Reduce -17.9% | 0.07% | −0.02 |
| HONA Honeywell Aerospace Inc. | Reduce -4.5% | 0.07% | −0.02 |
| CHTR Charter Communications Inc. Class A | Reduce -48.0% | 0.01% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| IVV iShares Core S&P 500 ETF | Add +71.7% | 5.97% | +2.33 |
| ONEQ Fidelity Nasdaq Comp Indx | New | 1.30% | +1.30 |
| QQQM Invesco Nasdaq 100 ETF | Add +31.2% | 3.18% | +0.90 |
| MU Micron Technology Inc. | Add +3.6% | 1.18% | +0.78 |
| IWB iShares Russell 1000 ETF | New | 0.62% | +0.62 |
| VTI VG Morningstar TS MKT ETF-US | Add +22.9% | 3.76% | +0.58 |
| AMD Advanced Micro Devices | Add +1.6% | 0.89% | +0.52 |
| INTC Intel Corp. | Add +2.3% | 0.62% | +0.39 |
| SNDK Sandisk Corp. | Add +68.6% | 0.31% | +0.25 |
| AMAT Applied Materials Inc. | Add +1.6% | 0.56% | +0.25 |
| LRCX Lam Research Corp. | Add +1.7% | 0.52% | +0.22 |
| KLAC KLA Corp. | Add +2.9% | 0.38% | +0.16 |
| MRVL Marvell Technology Inc. | Add +108.7% | 0.20% | +0.16 |
| PANW Palo Alto Networks Inc. | Add +2.5% | 0.28% | +0.13 |
| STX Seagate Technology Holdings | Add +4.5% | 0.20% | +0.11 |
| WDC Western Digital Corp. | Add +1.5% | 0.20% | +0.10 |
| CSCO Cisco Systems Inc. | Add +0.9% | 0.45% | +0.10 |
| APH Amphenol Corp. Class A | Add +8.8% | 0.43% | +0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +2.3% | 0.19% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +1.3% | 1.48% | +0.07 |
| LLY Eli Lilly & Co. | Add +2.4% | 0.56% | +0.06 |
| ARM Arm Holdings PLC-ADR | Add +214.5% | 0.06% | +0.05 |
| GLW Corning Inc. | Add +4.3% | 0.11% | +0.04 |
| DDOG Datadog Inc. Class A | Add +2.6% | 0.09% | +0.04 |
| LITE Lumentum Holdings Inc. | Add +161.8% | 0.06% | +0.04 |
| TER Teradyne Inc. | Add +61.4% | 0.07% | +0.04 |
| IDXX Idexx Laboratories Inc. | Add +122.0% | 0.09% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 1.20% | +0.04 |
| FTNT Fortinet Inc. | Add +0.1% | 0.10% | +0.04 |
| AVGO Broadcom Inc. | Add +1.0% | 1.29% | +0.03 |
| ROL Rollins Inc. | Add +80.2% | 0.23% | +0.03 |
| ALAB Astera Labs Inc. | New | 0.03% | +0.03 |
| QCOM Qualcomm Inc. | Add +0.4% | 0.19% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +48.9% | 0.07% | +0.03 |
| FLEX Flex Ltd. | New | 0.02% | +0.02 |
| COHR Coherent Corp. | Add +52.3% | 0.04% | +0.02 |
| NBIS Nebius Group NV | New | 0.02% | +0.02 |
| GE General Electric | Add +0.5% | 0.24% | +0.02 |
| RKLB Rocket Lab Corp. | New | 0.02% | +0.02 |
| MS Morgan Stanley | Add +8.7% | 0.16% | +0.02 |
| ETN Eaton Corp. PLC | Add +29.1% | 0.10% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +7.4% | 0.07% | +0.02 |
| LYV Live Nation Entertainment Inc. | Add +99.5% | 0.03% | +0.02 |
| CRWV Coreweave Inc. Class A | New | 0.02% | +0.02 |
| VEEV Veeva Systems Inc. Class A | New | 0.02% | +0.02 |
| CASY Casey's General Stores Inc. | New | 0.02% | +0.02 |
| CVS CVS Health Corp. | Add +2.3% | 0.08% | +0.02 |
| HPE Hewlett Packard Enterprise | Add +3.8% | 0.04% | +0.01 |
| TSCO Tractor Supply Company | Add +79.5% | 0.33% | +0.01 |
| HUM Humana Inc. | Add +0.1% | 0.03% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 567 | $10.3B | SPY, IVV, VOO, VTI, ITOT |
| Q1 2026 | 560 | $8.6B | SPY, VOO, ITOT, NVDA, IVV |
| Q4 2025 | 564 | $8.6B | SPY, ITOT, NVDA, QQQ, IVV |
| Q3 2025 | 567 | $7.5B | SPY, ITOT, NVDA, QQQ, IVV |
| Q2 2025 | 567 | $6.7B | SPY, ITOT, QQQ, MSFT, IVV |
| Q1 2025 | 560 | $5.4B | SPY, IVV, QQQ, SPYM, AAPL |
| Q4 2024 | 556 | $4.7B | SPY, IVV, QQQ, AAPL, MSFT |
| Q3 2024 | 552 | $4.2B | SPY, MSFT, AAPL, IVV, NVDA |
| Q2 2024 | 542 | $3.5B | SPY, MSFT, AAPL, NVDA, GOVT |
| Q1 2024 | 550 | $3.3B | SPY, MSFT, AAPL, NVDA, AMZN |