PPSC Investment Service Corp

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), PPSC Investment Service Corp reported 8 stock positions worth $1.3 billion. Its top holding was Direxion Daily S&P 500 Bull (SPXL) at 42.0% of the portfolio, followed by SPDR Gold Shares (GLD, 21.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 17.2%). Compared with Q3 2025, it added to 6 and reduced 2. The biggest buy was SPDR Gold Shares (GLD, shares +9%) and the biggest sale Direxion Daily S&P 500 Bull (SPXL, shares −1%).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001964389
Portfolio Value
$1.3B (Q4 2025)
SEC Filing
0001964389-26-000001 ↗ filed Jan 26, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $654.7M Q1 2024 Q2 2024: $747.3M Q2 2024 Q3 2024: $848.7M Q3 2024 Q4 2024: $899.3M Q4 2024 Q1 2025: $873.9M Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.3B $1.3B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 8 stocks · $1.3B

SPXL Direxion Daily S&P 500 Bull 42.00% 2,550,545 $562.7M Reduce -1.3%
GLD SPDR Gold Shares 21.04% 711,206 $281.9M Add +9.4%
SPY SS SPDR S&P 500 ETF Trust-US 17.21% 338,185 $230.6M Add +1.0%
QQQ Invesco QQQ Trust Series 1 12.13% 264,652 $162.6M Reduce -0.5%
TQQQ Proshares Ultrapro QQQ 4.91% 1,248,785 $65.8M Add +8.1%
IBIT iShares Bitcoin Trust ETF 1.75% 472,000 $23.4M Add +11.3%
TMF Dir DLY 20+YR TR BL3X ETF-Ui 0.75% 269,382 $10.1M Add +11.3%
ETHA iShares Ethereum Trust ETF 0.20% 120,000 $2.7M Add +66.7%

Portfolio Sells Q3 2025 → Q4 2025

SPXL Direxion Daily S&P 500 Bull Reduce -1.3% 42.00% −1.44
QQQ Invesco QQQ Trust Series 1 Reduce -0.5% 12.13% −0.53

Portfolio Buys Q3 2025 → Q4 2025

GLD SPDR Gold Shares Add +9.4% 21.04% +2.71
TQQQ Proshares Ultrapro QQQ Add +8.1% 4.91% +0.18
ETHA iShares Ethereum Trust ETF Add +66.7% 0.20% +0.02
TMF Dir DLY 20+YR TR BL3X ETF-Ui Add +11.3% 0.75% −0.02
IBIT iShares Bitcoin Trust ETF Add +11.3% 1.75% −0.44
SPY SS SPDR S&P 500 ETF Trust-US Add +1.0% 17.21% −0.48

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$1.6BSPXL, GLD, SPY, QQQ, TQQQ
Q1 2026 8$1.3BSPXL, GLD, SPY, QQQ, TQQQ
Q4 2025 8$1.3BSPXL, GLD, SPY, QQQ, TQQQ
Q3 2025 8$1.3BSPXL, GLD, SPY, QQQ, TQQQ
Q2 2025 7$1.1BSPXL, SPY, GLD, QQQ, TQQQ
Q1 2025 7$873.9MSPXL, SPY, GLD, QQQ, TQQQ
Q4 2024 6$899.3MSPXL, SPY, QQQ, GLD, TQQQ
Q3 2024 6$848.7MSPXL, SPY, QQQ, GLD, TQQQ
Q2 2024 5$747.3MSPXL, SPY, QQQ, GLD, TQQQ
Q1 2024 4$654.7MSPXL, GLD, QQQ, SPY