Tokio Marine Asset Management Co. Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Tokio Marine Asset Management Co. Ltd. reported 565 stock positions worth $2.8 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Apple (AAPL, 5.1%) and Nvidia (NVDA, 4.9%). Compared with Q4 2024, it opened 12 new positions, sold out of 19, added to 385 and reduced 36. The biggest buy was Visa Class A (V, shares +5%) and the biggest sale Broadcom (AVGO, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Tokyo, M0
- CIK
- 0001504169
- Portfolio Value
- $2.8B (Q1 2025)
- SEC Filing
- 0001172661-25-001725 ↗ filed May 13, 2025
Holdings Value
Holdings 565 stocks · $2.8B
| MSFT Microsoft Corp. | 5.37% | 394,121 | $147.9M | Add +3.4% |
| AAPL Apple Inc. | 5.11% | 634,728 | $141.0M | Add +2.1% |
| NVDA Nvidia Corp. | 4.95% | 1,258,672 | $136.4M | Add +4.2% |
| AMZN Amazon.com Inc. | 3.41% | 493,811 | $94.0M | Add +3.8% |
| V Visa Inc. Class A | 2.25% | 176,940 | $62.0M | Add +5.1% |
| MA Mastercard Inc. Class A | 2.07% | 103,899 | $56.9M | Add +3.2% |
| UNH Unitedhealth Group Inc. | 2.05% | 107,701 | $56.4M | Add +3.1% |
| GOOGL Alphabet Inc. Class A | 2.01% | 358,602 | $55.5M | Add +2.7% |
| META Meta Platforms Inc. Class A | 1.86% | 89,023 | $51.3M | Add +3.8% |
| COST Costco Wholesale Corp. | 1.82% | 53,042 | $50.2M | Reduce -2.2% |
| LLY Eli Lilly & Co. | 1.73% | 57,865 | $47.8M | Add +2.3% |
| GOOG Alphabet Inc. Class C | 1.64% | 290,000 | $45.3M | Add +2.8% |
| ORLY O'reilly Automotive Inc. | 1.47% | 28,255 | $40.5M | Reduce -3.1% |
| ZTS Zoetis Inc. | 1.23% | 206,613 | $34.0M | Add +5.3% |
| CPRT Copart Inc. | 1.21% | 587,390 | $33.2M | Add +6.3% |
| NFLX Netflix Inc. | 1.16% | 34,339 | $32.0M | Reduce -1.8% |
| AVGO Broadcom Inc. | 1.16% | 190,230 | $31.9M | Reduce -0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.14% | 257,313 | $31.3M | Add +1.1% |
| VRSK Verisk Analytics Inc. | 1.02% | 94,480 | $28.1M | Reduce -10.3% |
| CRM Salesforce Inc. | 1.00% | 102,368 | $27.5M | Add +1.7% |
| MSCI MSCI Inc. | 0.96% | 46,585 | $26.3M | Reduce -0.3% |
| PM Philip Morris International | 0.89% | 154,844 | $24.6M | Add +1.8% |
| ADBE Adobe Inc. | 0.88% | 63,524 | $24.4M | Add +7.6% |
| XOM Exxon Mobil Corp. | 0.84% | 195,739 | $23.3M | Add +3.0% |
| TSLA Tesla Inc. | 0.82% | 87,689 | $22.7M | Add +6.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 39,866 | $21.2M | Add +6.9% |
| JPM JPMorgan Chase & Co. | 0.76% | 85,040 | $20.9M | Add +4.5% |
| MRK Merck & Co. Inc. | 0.60% | 184,130 | $16.5M | Reduce -1.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.60% | 99,412 | $16.5M | Add +4.5% |
| HDB HDFC Bank Ltd.-ADR | 0.58% | 240,900 | $16.0M | Reduce -0.3% |
| ANET Arista Networks Inc. | 0.58% | 204,842 | $15.9M | Add +26.2% |
| QCOM Qualcomm Inc. | 0.57% | 103,102 | $15.8M | Add +1.8% |
| ROL Rollins Inc. | 0.57% | 291,861 | $15.8M | Add +1.5% |
| POOL Pool Corp. | 0.57% | 48,996 | $15.6M | Reduce -0.1% |
| PAYX Paychex Inc. | 0.54% | 95,908 | $14.8M | Add +0.9% |
| MNST Monster Beverage Corp. | 0.49% | 229,115 | $13.4M | Add +0.4% |
| AMP Ameriprise Financial Inc. | 0.47% | 26,659 | $12.9M | Reduce -11.5% |
| LPLA LPL Financial Holdings Inc. | 0.45% | 38,181 | $12.5M | Reduce -13.4% |
| CVX Chevron Corp. | 0.45% | 74,579 | $12.5M | Add +3.4% |
| CHD Church & Dwight Co. Inc. | 0.45% | 111,499 | $12.3M | Reduce -5.8% |
| YUM Yum! Brands Inc. | 0.44% | 77,664 | $12.2M | Add +1.6% |
| JNJ Johnson & Johnson | 0.44% | 73,350 | $12.2M | Add +7.0% |
| PG The Procter & Gamble Co. | 0.44% | 70,994 | $12.1M | Add +7.0% |
| ADP Automatic Data Processing | 0.43% | 39,088 | $11.9M | Add +1.7% |
| WMT Walmart Inc. | 0.43% | 135,861 | $11.9M | Add +5.3% |
| LRCX Lam Research Corp. | 0.42% | 160,822 | $11.7M | Add +15.3% |
| ABBV Abbvie Inc. | 0.42% | 54,765 | $11.5M | Add +5.0% |
| FAST Fastenal Co. | 0.41% | 146,447 | $11.4M | Reduce -6.6% |
| HD Home Depot Inc. | 0.40% | 30,280 | $11.1M | Add +5.9% |
| MRSH Marsh & McLennan Cos | 0.39% | 44,090 | $10.8M | Add +2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 104,893 | $10.4M | Add +0.9% |
| FYBR Frontier Communications Pare | 0.37% | 286,700 | $10.3M | No change |
| CHE Chemed Corp. | 0.37% | 16,679 | $10.3M | Add +8.6% |
| AMAT Applied Materials Inc. | 0.36% | 69,284 | $10.1M | Add +12.7% |
| HESM Hess Midstream LP Class A | 0.36% | 237,276 | $10.0M | No change |
| AMD Advanced Micro Devices | 0.36% | 97,649 | $10.0M | Reduce -4.9% |
| K Kellanova | 0.36% | 120,460 | $9.9M | Add +0.0% |
| SBUX Starbucks Corp. | 0.36% | 100,003 | $9.8M | Reduce -7.4% |
| DPZ Domino's Pizza Inc. | 0.36% | 21,350 | $9.8M | Add +0.2% |
| REGN Regeneron Pharmaceuticals | 0.35% | 15,062 | $9.6M | Add +22.9% |
| JWN Nordstrom Inc. | 0.35% | 389,800 | $9.5M | New |
| TGI Triumph Group Inc. | 0.34% | 372,600 | $9.4M | New |
| HCA HCA Healthcare Inc. | 0.34% | 26,810 | $9.3M | Reduce -8.0% |
| MTD Mettler-Toledo International | 0.34% | 7,829 | $9.2M | Add +46.7% |
| LIN Linde PLC | 0.33% | 19,557 | $9.1M | Add +4.0% |
| UNP Union Pacific Corp. | 0.33% | 38,247 | $9.0M | Add +3.9% |
| KLAC KLA Corp. | 0.32% | 13,043 | $8.9M | Add +1.6% |
| PCAR Paccar Inc. | 0.32% | 90,854 | $8.8M | Add +1.1% |
| KO The Coca-Cola Co. | 0.32% | 123,487 | $8.8M | Add +7.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 206,486 | $8.6M | Add +4.2% |
| MEDP Medpace Holdings Inc. | 0.31% | 28,098 | $8.6M | No change |
| AME Ametek Inc. | 0.30% | 47,966 | $8.3M | Add +7.8% |
| MDLZ Mondelez International Inc. Class A | 0.30% | 120,143 | $8.2M | Add +2.0% |
| ULTA Ulta Beauty Inc. | 0.29% | 22,031 | $8.1M | Add +0.3% |
| MCO Moody's Corp. | 0.29% | 17,137 | $8.0M | Add +2.7% |
| BECN Beacon Roofing Supply Inc. | 0.29% | 63,800 | $7.9M | New |
| IDXX Idexx Laboratories Inc. | 0.28% | 18,457 | $7.8M | Add +26.2% |
| EXPD Expeditors Intl Wash Inc. | 0.28% | 64,093 | $7.7M | Add +31.6% |
| MDT Medtronic PLC | 0.28% | 85,620 | $7.7M | Add +6.2% |
| EXP Eagle Materials Inc. | 0.27% | 34,087 | $7.6M | No change |
| WFC Wells Fargo & Co. | 0.26% | 101,537 | $7.3M | Add +2.9% |
| CSCO Cisco Systems Inc. | 0.26% | 117,855 | $7.3M | Add +7.0% |
| ORCL Oracle Corp. | 0.26% | 51,187 | $7.2M | Add +7.2% |
| NEE Nextera Energy Inc. | 0.26% | 100,085 | $7.1M | Add +2.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 28,212 | $7.0M | Add +6.5% |
| ABT Abbott Laboratories | 0.25% | 52,589 | $7.0M | Add +8.7% |
| ALE Allete Inc. | 0.25% | 105,600 | $6.9M | Add +27.2% |
| FANG Diamondback Energy Inc. | 0.25% | 43,374 | $6.9M | Add +0.5% |
| ESGR Enstar Group Ltd. | 0.25% | 20,800 | $6.9M | Add +25.3% |
| MCD McDonald's Corp. | 0.24% | 21,505 | $6.7M | Add +4.9% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 32,873 | $6.6M | Add +0.8% |
| COP Conocophillips | 0.23% | 61,434 | $6.5M | Add +3.9% |
| EME Emcor Group Inc. | 0.23% | 17,386 | $6.4M | Add +11.3% |
| TKO Tko Group Holdings Inc. | 0.23% | 41,535 | $6.3M | Reduce -14.7% |
| T AT&T Inc. | 0.23% | 220,688 | $6.2M | Add +6.6% |
| EHC Encompass Health Corp. | 0.22% | 60,840 | $6.2M | Reduce -13.2% |
| PEP Pepsico Inc. | 0.22% | 40,587 | $6.1M | Add +6.0% |
| DECK Deckers Outdoor Corp. | 0.22% | 53,306 | $6.0M | Reduce -15.8% |
| NTAP Netapp Inc. | 0.21% | 67,387 | $5.9M | Add +0.4% |
| CSL Carlisle Cos Inc. | 0.21% | 16,982 | $5.8M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -0.7% | 1.16% | −0.42 |
| JNPR Juniper Networks Inc. | Reduce -95.5% | 0.02% | −0.36 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.34 |
| NKE Nike Inc. Class B | Reduce -74.8% | 0.08% | −0.30 |
| ALTM Arcadium Lithium PLC | Sold out | 0.00% | −0.29 |
| CDMO Avid Bioservices Inc. | Sold out | 0.00% | −0.26 |
| DECK Deckers Outdoor Corp. | Reduce -15.8% | 0.22% | −0.24 |
| FERG Ferguson Enterprises Inc. | Reduce -67.5% | 0.08% | −0.18 |
| GEAR Revelyst Inc. | Sold out | 0.00% | −0.17 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.17 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.11 |
| AMP Ameriprise Financial Inc. | Reduce -11.5% | 0.47% | −0.10 |
| AMD Advanced Micro Devices | Reduce -4.9% | 0.36% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -1.4% | 0.60% | −0.06 |
| LPLA LPL Financial Holdings Inc. | Reduce -13.4% | 0.45% | −0.06 |
| CTV Innovid Corp. | Sold out | 0.00% | −0.06 |
| MSCI MSCI Inc. | Reduce -0.3% | 0.96% | −0.04 |
| POOL Pool Corp. | Reduce -0.1% | 0.57% | −0.03 |
| FRPT Freshpet Inc. | Reduce -12.8% | 0.02% | −0.02 |
| DCI Donaldson Co. Inc. | Reduce -13.9% | 0.15% | −0.02 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.02 |
| TKO Tko Group Holdings Inc. | Reduce -14.7% | 0.23% | −0.02 |
| KNX Knight-Swift Transportation | Sold out | 0.00% | −0.02 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.01 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.01 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.01 |
| AES AES Corp. | Sold out | 0.00% | −0.01 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.01 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.01 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.01 |
| VRSK Verisk Analytics Inc. | Reduce -10.3% | 1.02% | −0.01 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.01 |
| CE Celanese Corp. | Sold out | 0.00% | −0.01 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.01 |
| EMB iShares JP Morgan Usd Emergi | Reduce -47.9% | 0.01% | −0.01 |
| TRUP Trupanion Inc. | Reduce -11.2% | 0.02% | −0.01 |
| EHC Encompass Health Corp. | Reduce -13.2% | 0.22% | −0.01 |
| AXON Axon Enterprise Inc. | Reduce -1.0% | 0.05% | −0.01 |
| SPB Spectrum Brands Holdings Inc. | Reduce -6.8% | 0.02% | −0.00 |
| LDOS Leidos Holdings Inc. | Reduce -10.0% | 0.02% | −0.00 |
| CPB The Campbell's Company | Reduce -10.7% | 0.01% | −0.00 |
| CHWY Chewy Inc. Class A | Reduce -13.6% | 0.01% | −0.00 |
| EA Electronic Arts Inc. | Reduce -0.9% | 0.17% | 0.00 |
| TSCO Tractor Supply Company | Reduce -3.1% | 0.08% | +0.00 |
| GLDM SPDR Gold Minishares Trust | Reduce -4.7% | 0.03% | +0.00 |
| CL Colgate-Palmolive Co. | Reduce -1.0% | 0.11% | +0.00 |
| CHD Church & Dwight Co. Inc. | Reduce -5.8% | 0.45% | +0.00 |
| SBUX Starbucks Corp. | Reduce -7.4% | 0.36% | +0.01 |
| FAST Fastenal Co. | Reduce -6.6% | 0.41% | +0.01 |
| COR Cencora Inc. | Reduce -6.3% | 0.08% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| V Visa Inc. Class A | Add +5.1% | 2.25% | +0.36 |
| JWN Nordstrom Inc. | New | 0.35% | +0.35 |
| TGI Triumph Group Inc. | New | 0.34% | +0.34 |
| BECN Beacon Roofing Supply Inc. | New | 0.29% | +0.29 |
| PM Philip Morris International | Add +1.8% | 0.89% | +0.24 |
| LLY Eli Lilly & Co. | Add +2.3% | 1.73% | +0.18 |
| MA Mastercard Inc. Class A | Add +3.2% | 2.07% | +0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +6.9% | 0.77% | +0.17 |
| UNH Unitedhealth Group Inc. | Add +3.1% | 2.05% | +0.17 |
| AMPS Altus Power Inc. | New | 0.12% | +0.12 |
| XOM Exxon Mobil Corp. | Add +3.0% | 0.84% | +0.12 |
| WAT Waters Corp. | Add +130.2% | 0.20% | +0.11 |
| MTD Mettler-Toledo International | Add +46.7% | 0.34% | +0.10 |
| ZTS Zoetis Inc. | Add +5.3% | 1.23% | +0.10 |
| ROL Rollins Inc. | Add +1.5% | 0.57% | +0.10 |
| JNJ Johnson & Johnson | Add +7.0% | 0.44% | +0.09 |
| EXPD Expeditors Intl Wash Inc. | Add +31.6% | 0.28% | +0.09 |
| ABBV Abbvie Inc. | Add +5.0% | 0.42% | +0.09 |
| CHE Chemed Corp. | Add +8.6% | 0.37% | +0.08 |
| CVX Chevron Corp. | Add +3.4% | 0.45% | +0.08 |
| YUM Yum! Brands Inc. | Add +1.6% | 0.44% | +0.08 |
| CPRT Copart Inc. | Add +6.3% | 1.21% | +0.08 |
| META Meta Platforms Inc. Class A | Add +3.8% | 1.86% | +0.08 |
| KO The Coca-Cola Co. | Add +7.7% | 0.32% | +0.07 |
| IDXX Idexx Laboratories Inc. | Add +26.2% | 0.28% | +0.07 |
| LRCX Lam Research Corp. | Add +15.3% | 0.42% | +0.07 |
| MRSH Marsh & McLennan Cos | Add +2.6% | 0.39% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +4.5% | 0.76% | +0.06 |
| PAYX Paychex Inc. | Add +0.9% | 0.54% | +0.06 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.06% | +0.06 |
| ESGR Enstar Group Ltd. | Add +25.3% | 0.25% | +0.06 |
| ALE Allete Inc. | Add +27.2% | 0.25% | +0.06 |
| MNST Monster Beverage Corp. | Add +0.4% | 0.49% | +0.06 |
| T AT&T Inc. | Add +6.6% | 0.23% | +0.06 |
| ABT Abbott Laboratories | Add +8.7% | 0.25% | +0.06 |
| SPOT Spotify Technology SA | Add +89.6% | 0.09% | +0.05 |
| LIN Linde PLC | Add +4.0% | 0.33% | +0.05 |
| MDT Medtronic PLC | Add +6.2% | 0.28% | +0.05 |
| SE Sea Ltd.-ADR | Add +31.0% | 0.12% | +0.05 |
| IBM Intl Business Machines Corp. | Add +6.5% | 0.25% | +0.05 |
| MDLZ Mondelez International Inc. Class A | Add +2.0% | 0.30% | +0.05 |
| GE General Electric | Add +0.8% | 0.24% | +0.05 |
| TJX TJX Companies Inc. | Add +1.1% | 1.14% | +0.04 |
| PG The Procter & Gamble Co. | Add +7.0% | 0.44% | +0.04 |
| AMGN Amgen Inc. | Add +6.3% | 0.19% | +0.04 |
| CVS CVS Health Corp. | Add +9.4% | 0.09% | +0.04 |
| DPZ Domino's Pizza Inc. | Add +0.2% | 0.36% | +0.04 |
| VZ Verizon Communications Inc. | Add +5.3% | 0.21% | +0.04 |
| RTX RTX Corp. | Add +6.2% | 0.19% | +0.04 |
| GILD Gilead Sciences Inc. | Add +5.0% | 0.16% | +0.04 |
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 |