Tokio Marine Asset Management Co. Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Tokio Marine Asset Management Co. Ltd. reported 537 stock positions worth $2.6 billion. Its top holding was Nvidia (NVDA) at 7.4% of the portfolio, followed by Microsoft (MSFT, 7.3%) and Apple (AAPL, 4.9%). Compared with Q1 2025, it opened 10 new positions, sold out of 38, added to 375 and reduced 75. The biggest buy was Amazon.com (AMZN, shares +4%) and the biggest sale Unitedhealth (UNH, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- Tokyo, M0
- CIK
- 0001504169
- Portfolio Value
- $2.6B (Q2 2025)
- SEC Filing
- 0001172661-25-003069 ↗ filed Aug 12, 2025
Holdings Value
Holdings 537 stocks · $2.6B
| NVDA Nvidia Corp. | 7.45% | 1,232,030 | $194.6M | Reduce -2.1% |
| MSFT Microsoft Corp. | 7.33% | 384,826 | $191.4M | Reduce -2.4% |
| AAPL Apple Inc. | 4.89% | 623,357 | $127.9M | Reduce -1.8% |
| AMZN Amazon.com Inc. | 4.31% | 513,433 | $112.6M | Add +4.0% |
| GOOGL Alphabet Inc. Class A | 2.23% | 331,077 | $58.3M | Reduce -7.7% |
| V Visa Inc. Class A | 2.05% | 151,202 | $53.7M | Reduce -14.6% |
| GOOG Alphabet Inc. Class C | 2.03% | 299,720 | $53.2M | Add +3.4% |
| META Meta Platforms Inc. Class A | 1.99% | 70,514 | $52.0M | Reduce -20.8% |
| MA Mastercard Inc. Class A | 1.78% | 82,882 | $46.6M | Reduce -20.2% |
| NFLX Netflix Inc. | 1.69% | 33,033 | $44.2M | Reduce -3.8% |
| COST Costco Wholesale Corp. | 1.62% | 42,855 | $42.4M | Reduce -19.2% |
| AVGO Broadcom Inc. | 1.52% | 143,932 | $39.7M | Reduce -24.3% |
| LLY Eli Lilly & Co. | 1.49% | 49,932 | $38.9M | Reduce -13.7% |
| ORLY O'reilly Automotive Inc. | 1.16% | 335,375 | $30.2M | Reduce -20.9% |
| TSLA Tesla Inc. | 1.13% | 93,282 | $29.6M | Add +6.4% |
| PM Philip Morris International | 1.10% | 157,900 | $28.8M | Add +2.0% |
| CRM Salesforce Inc. | 1.09% | 104,098 | $28.4M | Add +1.7% |
| UNH Unitedhealth Group Inc. | 1.08% | 90,606 | $28.3M | Reduce -15.9% |
| JPM JPMorgan Chase & Co. | 0.99% | 89,568 | $26.0M | Add +5.3% |
| MSCI MSCI Inc. | 0.95% | 42,961 | $24.8M | Reduce -7.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.93% | 196,931 | $24.3M | Reduce -23.5% |
| CPRT Copart Inc. | 0.88% | 465,962 | $22.9M | Reduce -20.7% |
| XOM Exxon Mobil Corp. | 0.83% | 201,793 | $21.8M | Add +3.1% |
| ZTS Zoetis Inc. | 0.81% | 135,079 | $21.1M | Reduce -34.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.79% | 42,623 | $20.7M | Add +6.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.77% | 89,100 | $20.2M | Reduce -10.4% |
| HDB HDFC Bank Ltd.-ADR | 0.74% | 250,800 | $19.2M | Add +4.1% |
| ADBE Adobe Inc. | 0.73% | 49,585 | $19.2M | Reduce -21.9% |
| VRSK Verisk Analytics Inc. | 0.68% | 56,797 | $17.7M | Reduce -39.9% |
| MRK Merck & Co. Inc. | 0.56% | 186,496 | $14.8M | Add +1.3% |
| WMT Walmart Inc. | 0.53% | 142,891 | $14.0M | Add +5.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.52% | 109,228 | $13.5M | Add +4.1% |
| ROL Rollins Inc. | 0.52% | 239,953 | $13.5M | Reduce -17.8% |
| K Kellanova | 0.46% | 150,879 | $12.0M | Add +25.3% |
| ORCL Oracle Corp. | 0.46% | 54,437 | $11.9M | Add +6.3% |
| JNJ Johnson & Johnson | 0.45% | 77,695 | $11.9M | Add +5.9% |
| PG The Procter & Gamble Co. | 0.45% | 74,212 | $11.8M | Add +4.5% |
| HD Home Depot Inc. | 0.45% | 31,743 | $11.6M | Add +4.8% |
| MCO Moody's Corp. | 0.44% | 23,150 | $11.6M | Add +35.1% |
| CVX Chevron Corp. | 0.43% | 77,647 | $11.1M | Add +4.1% |
| CHD Church & Dwight Co. Inc. | 0.41% | 112,767 | $10.8M | Add +1.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 227,168 | $10.7M | Add +10.0% |
| ABBV Abbvie Inc. | 0.41% | 57,691 | $10.7M | Add +5.3% |
| ANET Arista Networks Inc. | 0.41% | 104,087 | $10.6M | Reduce -49.2% |
| FYBR Frontier Communications Pare | 0.40% | 286,700 | $10.4M | No change |
| POOL Pool Corp. | 0.39% | 35,081 | $10.2M | Reduce -28.4% |
| AME Ametek Inc. | 0.37% | 53,749 | $9.7M | Add +12.1% |
| PLTR Palantir Technologies Inc. Class A | 0.37% | 70,746 | $9.6M | Add +8.9% |
| LIN Linde PLC | 0.36% | 20,253 | $9.5M | Add +3.6% |
| ESGR Enstar Group Ltd. | 0.35% | 27,100 | $9.1M | Add +30.3% |
| KO The Coca-Cola Co. | 0.35% | 128,745 | $9.1M | Add +4.3% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 34,538 | $8.9M | Add +5.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 30,092 | $8.9M | Add +6.7% |
| CSCO Cisco Systems Inc. | 0.33% | 124,132 | $8.6M | Add +5.3% |
| WFC Wells Fargo & Co. | 0.32% | 104,705 | $8.4M | Add +3.1% |
| MDLZ Mondelez International Inc. Class A | 0.32% | 122,174 | $8.2M | Add +1.7% |
| RDUS Radius Recycling Inc. Class A | 0.30% | 261,089 | $7.8M | New |
| ALE Allete Inc. | 0.29% | 119,200 | $7.6M | Add +12.9% |
| MDT Medtronic PLC | 0.29% | 87,177 | $7.6M | Add +1.8% |
| ABT Abbott Laboratories | 0.29% | 55,727 | $7.6M | Add +6.0% |
| AMD Advanced Micro Devices | 0.29% | 52,651 | $7.5M | Reduce -46.1% |
| NEE Nextera Energy Inc. | 0.28% | 103,921 | $7.2M | Add +3.8% |
| INTU Intuit Inc. | 0.27% | 9,014 | $7.1M | Add +6.1% |
| GS Goldman Sachs Group Inc. | 0.27% | 9,944 | $7.0M | Add +3.3% |
| NOW ServiceNow Inc. | 0.27% | 6,839 | $7.0M | Add +7.4% |
| T AT&T Inc. | 0.26% | 232,147 | $6.7M | Add +5.2% |
| SKX Skechers USA Inc. Class A | 0.25% | 104,566 | $6.6M | New |
| MCD McDonald's Corp. | 0.25% | 22,422 | $6.6M | Add +4.3% |
| ISRG Intuitive Surgical Inc. | 0.25% | 11,887 | $6.5M | Add +8.4% |
| BKNG Booking Holdings Inc. | 0.24% | 1,071 | $6.2M | Add +3.2% |
| RTX RTX Corp. | 0.24% | 42,375 | $6.2M | Add +7.1% |
| SWTX Springworks Therapeutics Inc. | 0.24% | 131,600 | $6.2M | New |
| DNB Dun & Bradstreet Holdings Inc. | 0.24% | 676,600 | $6.2M | New |
| JNPR Juniper Networks Inc. | 0.23% | 153,485 | $6.1M | Add +1112.1% |
| TGI Triumph Group Inc. | 0.23% | 237,300 | $6.1M | Reduce -36.3% |
| TXN Texas Instruments Inc. | 0.23% | 29,234 | $6.1M | Add +6.8% |
| CAT Caterpillar Inc. | 0.23% | 15,145 | $5.9M | Add +4.3% |
| AXP American Express Co. | 0.22% | 18,384 | $5.9M | Add +7.5% |
| ACN Accenture PLC Class A | 0.22% | 19,590 | $5.9M | New |
| UBER Uber Technologies Inc. | 0.22% | 61,755 | $5.8M | Add +6.4% |
| COP Conocophillips | 0.22% | 63,381 | $5.7M | Add +3.2% |
| VZ Verizon Communications Inc. | 0.22% | 131,212 | $5.7M | Add +4.7% |
| PEP Pepsico Inc. | 0.22% | 42,673 | $5.6M | Add +5.1% |
| QCOM Qualcomm Inc. | 0.21% | 34,570 | $5.5M | Reduce -66.5% |
| MS Morgan Stanley | 0.21% | 38,797 | $5.5M | Add +5.1% |
| SPGI S&P Global Inc. | 0.20% | 10,125 | $5.3M | Add +5.2% |
| BSX Boston Scientific Corp. | 0.20% | 49,518 | $5.3M | Add +5.0% |
| C Citigroup Inc. | 0.20% | 60,713 | $5.2M | Add +5.6% |
| BA The Boeing Co. | 0.20% | 24,647 | $5.2M | Add +7.9% |
| CEG Constellation Energy | 0.20% | 15,814 | $5.1M | Add +3.5% |
| SCHW Schwab (charles) Corp. | 0.19% | 55,536 | $5.1M | Add +6.6% |
| PGR Progressive Corp. | 0.19% | 18,860 | $5.0M | Add +3.6% |
| AMGN Amgen Inc. | 0.19% | 17,597 | $4.9M | Add +5.3% |
| GEV GE Vernova Inc. | 0.19% | 9,223 | $4.9M | Add +4.1% |
| TMO Thermo Fisher Scientific Inc. | 0.19% | 11,951 | $4.8M | Add +4.3% |
| AMAT Applied Materials Inc. | 0.18% | 26,142 | $4.8M | Reduce -62.3% |
| HON Honeywell International Inc. | 0.18% | 20,350 | $4.7M | Add +5.5% |
| BLK BlackRock Inc. | 0.18% | 4,495 | $4.7M | Add +4.2% |
| SO The Southern Co. | 0.18% | 51,277 | $4.7M | Add +2.8% |
| COF Capital One Financial Corp. | 0.18% | 21,948 | $4.7M | Add +81.8% |
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Reduce -15.9% | 1.08% | −0.96 |
| PAYX Paychex Inc. | Reduce -89.2% | 0.06% | −0.48 |
| MNST Monster Beverage Corp. | Reduce -89.5% | 0.06% | −0.43 |
| ZTS Zoetis Inc. | Reduce -34.6% | 0.81% | −0.43 |
| LPLA LPL Financial Holdings Inc. | Reduce -92.7% | 0.04% | −0.41 |
| AMP Ameriprise Financial Inc. | Reduce -88.6% | 0.06% | −0.41 |
| YUM Yum! Brands Inc. | Reduce -88.6% | 0.05% | −0.39 |
| CHE Chemed Corp. | Sold out | 0.00% | −0.37 |
| HESM Hess Midstream LP Class A | Sold out | 0.00% | −0.36 |
| QCOM Qualcomm Inc. | Reduce -66.5% | 0.21% | −0.36 |
| FAST Fastenal Co. | Reduce -87.5% | 0.06% | −0.35 |
| JWN Nordstrom Inc. | Sold out | 0.00% | −0.35 |
| VRSK Verisk Analytics Inc. | Reduce -39.9% | 0.68% | −0.34 |
| DPZ Domino's Pizza Inc. | Reduce -94.3% | 0.02% | −0.33 |
| CPRT Copart Inc. | Reduce -20.7% | 0.88% | −0.33 |
| ORLY O'reilly Automotive Inc. | Reduce -20.9% | 1.16% | −0.31 |
| MEDP Medpace Holdings Inc. | Sold out | 0.00% | −0.31 |
| MTD Mettler-Toledo International | Reduce -91.3% | 0.03% | −0.30 |
| BECN Beacon Roofing Supply Inc. | Sold out | 0.00% | −0.29 |
| MA Mastercard Inc. Class A | Reduce -20.2% | 1.78% | −0.28 |
| ADP Automatic Data Processing | Reduce -67.2% | 0.15% | −0.28 |
| EXP Eagle Materials Inc. | Sold out | 0.00% | −0.27 |
| REGN Regeneron Pharmaceuticals | Reduce -75.3% | 0.07% | −0.27 |
| LRCX Lam Research Corp. | Reduce -73.7% | 0.16% | −0.27 |
| MRSH Marsh & McLennan Cos | Reduce -65.7% | 0.13% | −0.26 |
| ULTA Ulta Beauty Inc. | Reduce -92.5% | 0.03% | −0.26 |
| EXPD Expeditors Intl Wash Inc. | Reduce -94.1% | 0.02% | −0.26 |
| PCAR Paccar Inc. | Reduce -81.5% | 0.06% | −0.26 |
| HCA HCA Healthcare Inc. | Reduce -78.3% | 0.09% | −0.25 |
| LLY Eli Lilly & Co. | Reduce -13.7% | 1.49% | −0.24 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.23 |
| TKO Tko Group Holdings Inc. | Sold out | 0.00% | −0.23 |
| EHC Encompass Health Corp. | Sold out | 0.00% | −0.22 |
| AAPL Apple Inc. | Reduce -1.8% | 4.89% | −0.22 |
| SBUX Starbucks Corp. | Reduce -60.2% | 0.14% | −0.22 |
| FANG Diamondback Energy Inc. | Reduce -82.6% | 0.04% | −0.21 |
| TJX TJX Companies Inc. | Reduce -23.5% | 0.93% | −0.21 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.20 |
| COST Costco Wholesale Corp. | Reduce -19.2% | 1.62% | −0.20 |
| V Visa Inc. Class A | Reduce -14.6% | 2.05% | −0.19 |
| DECK Deckers Outdoor Corp. | Reduce -89.3% | 0.02% | −0.19 |
| CSL Carlisle Cos Inc. | Reduce -90.5% | 0.02% | −0.19 |
| NTAP Netapp Inc. | Reduce -88.9% | 0.03% | −0.18 |
| AMAT Applied Materials Inc. | Reduce -62.3% | 0.18% | −0.18 |
| WST West Pharmaceutical Services | Reduce -88.8% | 0.02% | −0.18 |
| POOL Pool Corp. | Reduce -28.4% | 0.39% | −0.17 |
| KLAC KLA Corp. | Reduce -66.0% | 0.15% | −0.17 |
| ANET Arista Networks Inc. | Reduce -49.2% | 0.41% | −0.17 |
| ODFL Old Dominion Freight Line | Reduce -81.0% | 0.04% | −0.17 |
| WAT Waters Corp. | Reduce -84.8% | 0.03% | −0.17 |
Portfolio Buys Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Add +4.0% | 4.31% | +0.90 |
| GOOG Alphabet Inc. Class C | Add +3.4% | 2.03% | +0.39 |
| TSLA Tesla Inc. | Add +6.4% | 1.13% | +0.31 |
| RDUS Radius Recycling Inc. Class A | New | 0.30% | +0.30 |
| SKX Skechers USA Inc. Class A | New | 0.25% | +0.25 |
| JPM JPMorgan Chase & Co. | Add +5.3% | 0.99% | +0.24 |
| SWTX Springworks Therapeutics Inc. | New | 0.24% | +0.24 |
| DNB Dun & Bradstreet Holdings Inc. | New | 0.24% | +0.24 |
| ACN Accenture PLC Class A | New | 0.22% | +0.22 |
| JNPR Juniper Networks Inc. | Add +1112.1% | 0.23% | +0.22 |
| PM Philip Morris International | Add +2.0% | 1.10% | +0.21 |
| ORCL Oracle Corp. | Add +6.3% | 0.46% | +0.20 |
| ETN Eaton Corp. PLC | New | 0.18% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +8.9% | 0.37% | +0.17 |
| HDB HDFC Bank Ltd.-ADR | Add +4.1% | 0.74% | +0.16 |
| MCO Moody's Corp. | Add +35.1% | 0.44% | +0.15 |
| DIS The Walt Disney Co. | Add +4.1% | 0.52% | +0.14 |
| CB Chubb Ltd. | New | 0.13% | +0.13 |
| WMT Walmart Inc. | Add +5.2% | 0.53% | +0.10 |
| GE General Electric | Add +5.1% | 0.34% | +0.10 |
| COF Capital One Financial Corp. | Add +81.8% | 0.18% | +0.10 |
| BAC Bank of America Corp. | Add +10.0% | 0.41% | +0.10 |
| K Kellanova | Add +25.3% | 0.46% | +0.10 |
| ESGR Enstar Group Ltd. | Add +30.3% | 0.35% | +0.10 |
| CRM Salesforce Inc. | Add +1.7% | 1.09% | +0.09 |
| GEV GE Vernova Inc. | Add +4.1% | 0.19% | +0.09 |
| NOW ServiceNow Inc. | Add +7.4% | 0.27% | +0.09 |
| IBM Intl Business Machines Corp. | Add +6.7% | 0.34% | +0.09 |
| CEG Constellation Energy | Add +3.5% | 0.20% | +0.08 |
| INTU Intuit Inc. | Add +6.1% | 0.27% | +0.08 |
| GS Goldman Sachs Group Inc. | Add +3.3% | 0.27% | +0.08 |
| AME Ametek Inc. | Add +12.1% | 0.37% | +0.07 |
| UBER Uber Technologies Inc. | Add +6.4% | 0.22% | +0.07 |
| CSCO Cisco Systems Inc. | Add +5.3% | 0.33% | +0.07 |
| MU Micron Technology Inc. | Add +7.1% | 0.17% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +7.9% | 0.16% | +0.06 |
| BKNG Booking Holdings Inc. | Add +3.2% | 0.24% | +0.06 |
| HOOD Robinhood Markets Inc. Class A | Add +25.7% | 0.10% | +0.06 |
| APH Amphenol Corp. Class A | Add +4.6% | 0.16% | +0.06 |
| AXP American Express Co. | Add +7.5% | 0.22% | +0.06 |
| SPOT Spotify Technology SA | Add +8.8% | 0.15% | +0.06 |
| WFC Wells Fargo & Co. | Add +3.1% | 0.32% | +0.06 |
| BA The Boeing Co. | Add +7.9% | 0.20% | +0.06 |
| MSTR Strategy Inc. | Add +16.8% | 0.13% | +0.05 |
| TXN Texas Instruments Inc. | Add +6.8% | 0.23% | +0.05 |
| COIN Coinbase Global Inc. Class A | Add +10.3% | 0.09% | +0.05 |
| MS Morgan Stanley | Add +5.1% | 0.21% | +0.05 |
| MELI MercadoLibre Inc. | Add +7.3% | 0.15% | +0.05 |
| CAT Caterpillar Inc. | Add +4.3% | 0.23% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +8.4% | 0.25% | +0.05 |
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 |