Tokio Marine Asset Management Co. Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Tokio Marine Asset Management Co. Ltd. reported 572 stock positions worth $2.8 billion. Its top holding was Nvidia (NVDA) at 5.8% of the portfolio, followed by Microsoft (MSFT, 5.7%) and Apple (AAPL, 5.5%). Compared with Q3 2024, it opened 28 new positions, sold out of 19, added to 371 and reduced 52. The biggest buy was Broadcom (AVGO, shares +57%) and the biggest sale an exit from Nuvei Corp.-Subordinate VTG (NVEI).
- Most Recent 13F
- Q2 2026
- Location
- Tokyo, M0
- CIK
- 0001504169
- Portfolio Value
- $2.8B (Q4 2024)
- SEC Filing
- 0001172661-25-000342 ↗ filed Jan 24, 2025
Holdings Value
Holdings 572 stocks · $2.8B
| NVDA Nvidia Corp. | 5.77% | 1,208,430 | $162.3M | Add +7.5% |
| MSFT Microsoft Corp. | 5.71% | 381,170 | $160.7M | Add +8.8% |
| AAPL Apple Inc. | 5.53% | 621,494 | $155.6M | Add +14.9% |
| AMZN Amazon.com Inc. | 3.71% | 475,741 | $104.4M | Add +3.0% |
| GOOGL Alphabet Inc. Class A | 2.35% | 349,282 | $66.1M | Add +16.7% |
| GOOG Alphabet Inc. Class C | 1.91% | 282,207 | $53.7M | Add +2.1% |
| V Visa Inc. Class A | 1.89% | 168,420 | $53.2M | Add +35.8% |
| MA Mastercard Inc. Class A | 1.88% | 100,718 | $53.0M | Add +36.4% |
| UNH Unitedhealth Group Inc. | 1.88% | 104,490 | $52.9M | Add +20.6% |
| META Meta Platforms Inc. Class A | 1.78% | 85,759 | $50.2M | Add +41.1% |
| COST Costco Wholesale Corp. | 1.77% | 54,244 | $49.7M | Add +36.6% |
| AVGO Broadcom Inc. | 1.58% | 191,570 | $44.4M | Add +56.8% |
| LLY Eli Lilly & Co. | 1.55% | 56,558 | $43.7M | Add +22.6% |
| ORLY O'reilly Automotive Inc. | 1.23% | 29,168 | $34.6M | Add +38.5% |
| CRM Salesforce Inc. | 1.20% | 100,695 | $33.7M | Add +1.9% |
| TSLA Tesla Inc. | 1.19% | 82,595 | $33.4M | Add +4.1% |
| ZTS Zoetis Inc. | 1.14% | 196,127 | $32.0M | Add +55.1% |
| CPRT Copart Inc. | 1.13% | 552,846 | $31.7M | Add +34.1% |
| NFLX Netflix Inc. | 1.11% | 34,967 | $31.2M | Reduce -3.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.09% | 254,557 | $30.8M | Add +34.5% |
| VRSK Verisk Analytics Inc. | 1.03% | 105,331 | $29.0M | Add +68.7% |
| MSCI MSCI Inc. | 1.00% | 46,708 | $28.0M | Reduce -5.6% |
| ADBE Adobe Inc. | 0.93% | 59,052 | $26.3M | Add +21.7% |
| XOM Exxon Mobil Corp. | 0.73% | 190,124 | $20.5M | Add +1.7% |
| JPM JPMorgan Chase & Co. | 0.69% | 81,401 | $19.5M | Add +3.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.67% | 95,112 | $18.8M | Add +5.8% |
| MRK Merck & Co. Inc. | 0.66% | 186,844 | $18.6M | Add +0.9% |
| PM Philip Morris International | 0.65% | 152,057 | $18.3M | Add +257.9% |
| ANET Arista Networks Inc. | 0.64% | 162,356 | $17.9M | Add +430.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 37,306 | $16.9M | Add +3.5% |
| POOL Pool Corp. | 0.59% | 49,056 | $16.7M | Add +28.5% |
| AMP Ameriprise Financial Inc. | 0.57% | 30,121 | $16.0M | Add +988.2% |
| QCOM Qualcomm Inc. | 0.55% | 101,254 | $15.6M | Add +222.5% |
| HDB HDFC Bank Ltd.-ADR | 0.55% | 241,500 | $15.4M | Reduce -0.0% |
| LPLA LPL Financial Holdings Inc. | 0.51% | 44,084 | $14.4M | Add +1887.6% |
| PAYX Paychex Inc. | 0.47% | 95,057 | $13.3M | Add +1089.0% |
| ROL Rollins Inc. | 0.47% | 287,536 | $13.3M | Add +45.5% |
| DECK Deckers Outdoor Corp. | 0.46% | 63,283 | $12.9M | Add +1207.0% |
| AMD Advanced Micro Devices | 0.44% | 102,702 | $12.4M | Reduce -5.8% |
| CHD Church & Dwight Co. Inc. | 0.44% | 118,367 | $12.4M | Reduce -5.9% |
| MNST Monster Beverage Corp. | 0.43% | 228,290 | $12.0M | Add +203.1% |
| WMT Walmart Inc. | 0.41% | 129,020 | $11.7M | Add +5.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.41% | 103,927 | $11.6M | Reduce -3.9% |
| FAST Fastenal Co. | 0.40% | 156,764 | $11.3M | Add +950.1% |
| ADP Automatic Data Processing | 0.40% | 38,448 | $11.3M | Add +248.8% |
| HD Home Depot Inc. | 0.40% | 28,600 | $11.1M | Add +4.6% |
| PG The Procter & Gamble Co. | 0.40% | 66,355 | $11.1M | Add +2.7% |
| NKE Nike Inc. Class B | 0.38% | 142,557 | $10.8M | Reduce -8.6% |
| JNPR Juniper Networks Inc. | 0.37% | 281,521 | $10.5M | Reduce -40.3% |
| CVX Chevron Corp. | 0.37% | 72,120 | $10.4M | Add +1.8% |
| YUM Yum! Brands Inc. | 0.36% | 76,416 | $10.3M | Add +907.3% |
| LRCX Lam Research Corp. | 0.36% | 139,460 | $10.1M | Add +282.5% |
| AMAT Applied Materials Inc. | 0.36% | 61,484 | $10.0M | Add +166.7% |
| FYBR Frontier Communications Pare | 0.35% | 286,700 | $9.9M | New |
| JNJ Johnson & Johnson | 0.35% | 68,534 | $9.9M | Add +3.4% |
| SBUX Starbucks Corp. | 0.35% | 107,995 | $9.9M | Add +202.1% |
| K Kellanova | 0.35% | 120,457 | $9.8M | Reduce -0.3% |
| ULTA Ulta Beauty Inc. | 0.34% | 21,972 | $9.6M | Add +1455.0% |
| HCP Hashicorp Inc. Class A | 0.34% | 279,100 | $9.5M | Reduce -51.0% |
| PCAR Paccar Inc. | 0.33% | 89,865 | $9.3M | Add +508.2% |
| MEDP Medpace Holdings Inc. | 0.33% | 28,098 | $9.3M | New |
| ABBV Abbvie Inc. | 0.33% | 52,139 | $9.3M | Add +4.0% |
| MRSH Marsh & McLennan Cos | 0.32% | 42,991 | $9.1M | Add +232.2% |
| DPZ Domino's Pizza Inc. | 0.32% | 21,308 | $8.9M | Add +1699.7% |
| HESM Hess Midstream LP Class A | 0.31% | 237,276 | $8.8M | New |
| HCA HCA Healthcare Inc. | 0.31% | 29,154 | $8.8M | Add +437.0% |
| REGN Regeneron Pharmaceuticals | 0.31% | 12,257 | $8.7M | Add +279.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 198,148 | $8.7M | Add +2.4% |
| EXP Eagle Materials Inc. | 0.30% | 34,087 | $8.4M | New |
| UNP Union Pacific Corp. | 0.30% | 36,798 | $8.4M | Add +128.3% |
| CHE Chemed Corp. | 0.29% | 15,361 | $8.1M | New |
| KLAC KLA Corp. | 0.29% | 12,839 | $8.1M | Add +232.5% |
| ALTM Arcadium Lithium PLC | 0.29% | 1,571,800 | $8.1M | New |
| AME Ametek Inc. | 0.28% | 44,487 | $8.0M | Reduce -15.1% |
| ORCL Oracle Corp. | 0.28% | 47,772 | $8.0M | Add +4.1% |
| MCO Moody's Corp. | 0.28% | 16,687 | $7.9M | Reduce -39.1% |
| LIN Linde PLC | 0.28% | 18,812 | $7.9M | Add +1.0% |
| NTAP Netapp Inc. | 0.28% | 67,103 | $7.8M | Add +940.7% |
| CDMO Avid Bioservices Inc. | 0.26% | 592,700 | $7.3M | New |
| WST West Pharmaceutical Services | 0.26% | 21,941 | $7.2M | Add +904.2% |
| KO The Coca-Cola Co. | 0.25% | 114,677 | $7.1M | Add +3.0% |
| FERG Ferguson Enterprises Inc. | 0.25% | 41,074 | $7.1M | Add +614.7% |
| EME Emcor Group Inc. | 0.25% | 15,622 | $7.1M | New |
| FANG Diamondback Energy Inc. | 0.25% | 43,148 | $7.1M | Add +631.1% |
| MDLZ Mondelez International Inc. Class A | 0.25% | 117,795 | $7.0M | Reduce -9.8% |
| NEE Nextera Energy Inc. | 0.25% | 98,108 | $7.0M | Add +2.3% |
| WFC Wells Fargo & Co. | 0.25% | 98,669 | $6.9M | Add +2.9% |
| GNTX Gentex Corp. | 0.25% | 240,990 | $6.9M | New |
| TKO Tko Group Holdings Inc. | 0.25% | 48,701 | $6.9M | New |
| PYPL PayPal Holdings Inc. | 0.25% | 80,818 | $6.9M | Reduce -19.7% |
| MTD Mettler-Toledo International | 0.23% | 5,336 | $6.5M | Add +773.3% |
| CSCO Cisco Systems Inc. | 0.23% | 110,089 | $6.5M | Add +3.4% |
| EHC Encompass Health Corp. | 0.23% | 70,113 | $6.5M | New |
| MDT Medtronic PLC | 0.23% | 80,598 | $6.4M | Reduce -10.8% |
| NOW ServiceNow Inc. | 0.23% | 6,020 | $6.4M | Add +2.8% |
| CSL Carlisle Cos Inc. | 0.22% | 16,982 | $6.3M | Add +947.6% |
| ODFL Old Dominion Freight Line | 0.22% | 34,387 | $6.1M | Add +524.1% |
| IDXX Idexx Laboratories Inc. | 0.21% | 14,628 | $6.0M | Add +144.3% |
| MCD McDonald's Corp. | 0.21% | 20,502 | $5.9M | Add +3.5% |
| COP Conocophillips | 0.21% | 59,123 | $5.9M | Add +8.9% |
Portfolio Sells Q3 2024 → Q4 2024
| NVEI Nuvei Corp.-Subordinate VTG | Sold out | 0.00% | −0.99 |
| AXONICS INC | Sold out | 0.00% | −0.98 |
| PRFT Perficient Inc. | Sold out | 0.00% | −0.65 |
| RCM R1 RCM Inc. | Sold out | 0.00% | −0.53 |
| HCP Hashicorp Inc. Class A | Reduce -51.0% | 0.34% | −0.51 |
| PWSC Powerschool Holdings Inc. Class A | Sold out | 0.00% | −0.49 |
| JNPR Juniper Networks Inc. | Reduce -40.3% | 0.37% | −0.43 |
| ENV Envestnet Inc. | Sold out | 0.00% | −0.37 |
| AMD Advanced Micro Devices | Reduce -5.8% | 0.44% | −0.34 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.31 |
| MCO Moody's Corp. | Reduce -39.1% | 0.28% | −0.29 |
| MSCI MSCI Inc. | Reduce -5.6% | 1.00% | −0.27 |
| SMAR Smartsheet Inc. Class A | Reduce -60.4% | 0.11% | −0.23 |
| NKE Nike Inc. Class B | Reduce -8.6% | 0.38% | −0.22 |
| MDLZ Mondelez International Inc. Class A | Reduce -9.8% | 0.25% | −0.17 |
| CHD Church & Dwight Co. Inc. | Reduce -5.9% | 0.44% | −0.14 |
| MDT Medtronic PLC | Reduce -10.8% | 0.23% | −0.13 |
| HDB HDFC Bank Ltd.-ADR | Reduce -0.0% | 0.55% | −0.11 |
| X United States Steel Corp. | Sold out | 0.00% | −0.11 |
| AME Ametek Inc. | Reduce -15.1% | 0.28% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -19.7% | 0.25% | −0.10 |
| K Kellanova | Reduce -0.3% | 0.35% | −0.08 |
| CL Colgate-Palmolive Co. | Reduce -5.9% | 0.11% | −0.05 |
| DIS The Walt Disney Co. | Reduce -3.9% | 0.41% | −0.04 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.03 |
| GLDM SPDR Gold Minishares Trust | Reduce -44.6% | 0.02% | −0.03 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.03 |
| GRAB Grab Holdings Ltd. Class A | Sold out | 0.00% | −0.03 |
| NFLX Netflix Inc. | Reduce -3.9% | 1.11% | −0.02 |
| MCHP Microchip Technology Inc. | Reduce -3.4% | 0.03% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -3.5% | 0.05% | −0.02 |
| PDCO Patterson Cos Inc. | Sold out | 0.00% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -1.1% | 0.04% | −0.02 |
| COR Cencora Inc. | Reduce -0.1% | 0.07% | −0.02 |
| SPG Simon Property Group Inc. | Reduce -1.1% | 0.06% | −0.01 |
| AES AES Corp. | Reduce -8.0% | 0.01% | −0.01 |
| SYY Sysco Corp. | Reduce -1.5% | 0.04% | −0.01 |
| EIX Edison International | Reduce -1.0% | 0.03% | −0.01 |
| DG Dollar General Corp. | Reduce -12.6% | 0.02% | −0.01 |
| WY Weyerhaeuser Co. | Reduce -0.4% | 0.02% | −0.01 |
| HSY The Hershey Co. | Reduce -1.7% | 0.03% | −0.01 |
| SPB Spectrum Brands Holdings Inc. | Reduce -5.1% | 0.02% | −0.01 |
| PETQ Petiq Inc. | Sold out | 0.00% | −0.01 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.01 |
| BCPC Balchem Corp. | Reduce -19.4% | 0.01% | −0.01 |
| SJM The JM Smucker Co. | Reduce -7.4% | 0.02% | −0.01 |
| NEOG Neogen Corp. | Reduce -12.4% | 0.01% | −0.01 |
| AVB Avalonbay Communities Inc. | Reduce -1.3% | 0.03% | −0.01 |
| FRPT Freshpet Inc. | Reduce -3.1% | 0.05% | −0.01 |
| INVH Invitation Homes Inc. | Reduce -3.3% | 0.02% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AVGO Broadcom Inc. | Add +56.8% | 1.58% | +0.65 |
| AMP Ameriprise Financial Inc. | Add +988.2% | 0.57% | +0.51 |
| ANET Arista Networks Inc. | Add +430.8% | 0.64% | +0.51 |
| LPLA LPL Financial Holdings Inc. | Add +1887.6% | 0.51% | +0.49 |
| PAYX Paychex Inc. | Add +1089.0% | 0.47% | +0.43 |
| PM Philip Morris International | Add +257.9% | 0.65% | +0.42 |
| DECK Deckers Outdoor Corp. | Add +1207.0% | 0.46% | +0.42 |
| V Visa Inc. Class A | Add +35.8% | 1.89% | +0.40 |
| FAST Fastenal Co. | Add +950.1% | 0.40% | +0.35 |
| FYBR Frontier Communications Pare | New | 0.35% | +0.35 |
| MEDP Medpace Holdings Inc. | New | 0.33% | +0.33 |
| QCOM Qualcomm Inc. | Add +222.5% | 0.55% | +0.32 |
| YUM Yum! Brands Inc. | Add +907.3% | 0.36% | +0.32 |
| ULTA Ulta Beauty Inc. | Add +1455.0% | 0.34% | +0.32 |
| HESM Hess Midstream LP Class A | New | 0.31% | +0.31 |
| EXP Eagle Materials Inc. | New | 0.30% | +0.30 |
| VRSK Verisk Analytics Inc. | Add +68.7% | 1.03% | +0.30 |
| DPZ Domino's Pizza Inc. | Add +1699.7% | 0.32% | +0.30 |
| CHE Chemed Corp. | New | 0.29% | +0.29 |
| ALTM Arcadium Lithium PLC | New | 0.29% | +0.29 |
| MA Mastercard Inc. Class A | Add +36.4% | 1.88% | +0.29 |
| TSLA Tesla Inc. | Add +4.1% | 1.19% | +0.28 |
| PCAR Paccar Inc. | Add +508.2% | 0.33% | +0.27 |
| ADP Automatic Data Processing | Add +248.8% | 0.40% | +0.27 |
| CDMO Avid Bioservices Inc. | New | 0.26% | +0.26 |
| META Meta Platforms Inc. Class A | Add +41.1% | 1.78% | +0.26 |
| MNST Monster Beverage Corp. | Add +203.1% | 0.43% | +0.25 |
| EME Emcor Group Inc. | New | 0.25% | +0.25 |
| GNTX Gentex Corp. | New | 0.25% | +0.25 |
| TKO Tko Group Holdings Inc. | New | 0.25% | +0.25 |
| NTAP Netapp Inc. | Add +940.7% | 0.28% | +0.24 |
| EHC Encompass Health Corp. | New | 0.23% | +0.23 |
| LRCX Lam Research Corp. | Add +282.5% | 0.36% | +0.23 |
| WST West Pharmaceutical Services | Add +904.2% | 0.26% | +0.23 |
| COST Costco Wholesale Corp. | Add +36.6% | 1.77% | +0.22 |
| HCA HCA Healthcare Inc. | Add +437.0% | 0.31% | +0.21 |
| FANG Diamondback Energy Inc. | Add +631.1% | 0.25% | +0.21 |
| FERG Ferguson Enterprises Inc. | Add +614.7% | 0.25% | +0.20 |
| MRSH Marsh & McLennan Cos | Add +232.2% | 0.32% | +0.20 |
| SBUX Starbucks Corp. | Add +202.1% | 0.35% | +0.20 |
| MTD Mettler-Toledo International | Add +773.3% | 0.23% | +0.19 |
| ALE Allete Inc. | New | 0.19% | +0.19 |
| CSL Carlisle Cos Inc. | Add +947.6% | 0.22% | +0.19 |
| ESGR Enstar Group Ltd. | New | 0.19% | +0.19 |
| CPRT Copart Inc. | Add +34.1% | 1.13% | +0.18 |
| DCI Donaldson Co. Inc. | New | 0.18% | +0.18 |
| GOOGL Alphabet Inc. Class A | Add +16.7% | 2.35% | +0.17 |
| EXPD Expeditors Intl Wash Inc. | Add +1320.7% | 0.19% | +0.17 |
| GEAR Revelyst Inc. | New | 0.17% | +0.17 |
| ODFL Old Dominion Freight Line | Add +524.1% | 0.22% | +0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 632 | $3.2B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 512 | $2.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 524 | $2.9B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 535 | $2.8B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q2 2025 | 537 | $2.6B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q1 2025 | 565 | $2.8B | MSFT, AAPL, NVDA, AMZN, V |
| Q4 2024 | 572 | $2.8B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2024 | 563 | $2.3B | MSFT, NVDA, AAPL, AMZN, UNH |
| Q2 2024 | 559 | $2.1B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 562 | $2.0B | MSFT, NVDA, AAPL, AMZN, GOOGL |