Hikari Tsushin, Inc.

CIK

1423673

Location

TOKYO, M0

Portfolio Value

Mid $1,506,363,858

Diversification

Highly concentrated

Filing Date

Global Rank

#1,928 / 8,816 ▼ 145

Top Industry

Insurance - Diversified 60.8%

Period ended 4 months ago

Filed Aug 12, 2026 · 2mo

25 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 85.5% of the book (60%+)

Turnover

Low turnover

2.6% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 23.9 quarters (12+), a floor since 82.4% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 85.7%; sector active share 58.0% against the combined 13F book's sector weights.

Over time 25 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

76 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

57.2%

+0.2 pts

Top 5

77.3%

+1.6 pts

Top 10

85.5%

+1.0 pts

HHI

3,474

Highly concentrated+59

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	64.1%	$966,041,241	8
Communication Services	12.5%	$189,015,494	1
Healthcare	8.3%	$125,323,458	22
Unclassified	5.9%	$88,327,227	13
Industrials	3.5%	$53,057,274	9
Basic Materials	2.0%	$29,440,788	4
Energy	1.8%	$27,186,022	3
Technology	1.4%	$21,486,155	10
Consumer Defensive	0.4%	$5,596,014	4
Consumer Cyclical	0.1%	$890,185	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
ZTS	Zoetis Inc.	+45,492	233,617	$16,787,717
PPLT	abrdn Platinum ETF Trust	+35,676	39,640	$560,113
BRK-B	Berkshire Hathaway Inc	+4,233	36,013	$18,020,545
GLD	Spdr Gold Trust	+1,800	2,300	$847,274
BDX	Becton Dickinson & Co	+42	6,149	$930,528
CRM	Salesforce, Inc.	+7	4,298	$673,324
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−25,325	528,907	$189,015,494
SOLV	Solventum Corp	−17,892	35,220	$2,717,223
VOO	VANGUARD 500 INDEX FUND	−8,706	36,709	$25,212,108
MMM	3M Co	−8,612	93,406	$15,123,365
JNJ	Johnson & Johnson	−8,028	109,067	$27,699,745
VHT	VANGUARD HEALTH CARE INDEX FUND	−5,442	6,967	$2,083,202
ABBV	AbbVie Inc.	−3,520	101,443	$25,527,116
PG	PROCTER & GAMBLE Co	−2,569	20,525	$3,009,786
J	Jacobs Solutions Inc.	−2,470	35,985	$4,534,110
ABT	Abbott Laboratories	−2,266	30,604	$2,777,006
PSX	Phillips 66	−2,119	114,729	$19,394,937
ROP	Roper Technologies Inc	−1,565	14,035	$4,749,303
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
TLT	iShares 20+ Year Treasury Bond ETF	34,607	$3,000,080
URA	Global X Uranium ETF	14,405	$697,634
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

76 tracked positions · $1,506,363,858 total · filing declares 76 positions · $1,506,363,889 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 76 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
BRK-A	Berkshire Hathaway Inc Financial Services	Held	1,127	0	$843,953,950	+4.3%	26+	before history	56.03%
GOOGL	Alphabet Inc. Communication Services	Reduced	528,907	-25,325	$189,015,494	+18.6%	26+	before history	12.55%
BKLN	Invesco Ltd. Financial Services	Held	2,483,848	0	$50,595,983	−0.2%	11	$21.05	3.36%
V	Visa Inc. Financial Services	Held	102,555	0	$35,185,594	+13.5%	26+	before history	2.34%
JNJ	Johnson & Johnson Healthcare	Reduced	109,067	-8,028	$27,699,745	−3.2%	26+	before history	1.84%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Held	343,165	0	$27,442,905	+0.5%	11	unpriced	1.82%
ABBV	AbbVie Inc. Healthcare	Reduced	101,443	-3,520	$25,527,116	+11.8%	23	before history	1.69%
FTSL	First Trust Senior Loan Fund	Held	570,196	0	$25,516,271	−0.1%	11	$45.98	1.69%
VOO	VANGUARD 500 INDEX FUND	Reduced	36,709	-8,706	$25,212,108	−7.1%	26+	before history	1.67%
PSX	Phillips 66 Energy	Reduced	114,729	-2,119	$19,394,937	−8.9%	26+	before history	1.29%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	36,013	+4,233	$18,020,545	+18.3%	18	$376.12	1.20%
ZTS	Zoetis Inc. Healthcare	Added	233,617	+45,492	$16,787,717	−24.5%	5	$126.59	1.11%
MMM	3M Co Industrials	Reduced	93,406	-8,612	$15,123,365	+2.1%	26+	before history	1.00%
LMT	Lockheed Martin Corp Industrials	Held	29,045	0	$14,797,265	−15.7%	19	before history	0.98%
MCO	Moodys Corp Financial Services	Held	31,689	0	$14,352,581	+3.8%	26+	before history	0.95%
LIN	Linde PLC Basic Materials	Held	25,500	0	$13,232,970	+4.7%	14	$334.89	0.88%
DHR	Danaher Corp Healthcare	Held	64,712	0	$12,326,341	+0.5%	26+	before history	0.82%
MDT	Medtronic plc Healthcare	Held	144,952	0	$11,339,594	−9.7%	26+	before history	0.75%
BHP	BHP Group Ltd Basic Materials	Held	119,021	0	$9,915,639	+14.5%	18	unpriced	0.66%
AME	Ametek Inc Industrials	Held	30,529	0	$7,386,186	+12.9%	17	$120.19	0.49%
XOM	ExxonMobil Holdings Corp Energy	Held	51,986	0	$7,107,525	−19.4%	25	before history	0.47%
RSG	Republic Services, Inc. Industrials	Held	32,200	0	$6,861,176	−2.7%	26+	before history	0.46%
WAT	Waters Corp Healthcare	Held	16,246	0	$6,092,899	+25.9%	26+	before history	0.40%
ISRG	Intuitive Surgical Inc Healthcare	Held	15,185	0	$6,038,770	−13.7%	26+	before history	0.40%
ECL	Ecolab Inc. Basic Materials	Held	20,144	0	$5,612,319	+4.7%	26+	before history	0.37%
ROP	Roper Technologies Inc Technology	Reduced	14,035	-1,565	$4,749,303	−14.0%	26+	before history	0.32%
BMY	Bristol Myers Squibb Co Healthcare	Held	81,141	0	$4,675,344	−5.0%	21	before history	0.31%
J	Jacobs Solutions Inc. Industrials	Reduced	35,985	-2,470	$4,534,110	−7.4%	11	unpriced	0.30%
MSFT	Microsoft Corp Technology	Held	9,794	0	$3,653,357	+0.8%	17	$242.53	0.24%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Held	54,954	0	$3,241,186	−1.0%	9	$57.82	0.22%
FTV	Fortive Corp Technology	Held	49,400	0	$3,017,846	+10.5%	26+	before history	0.20%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	20,525	-2,569	$3,009,786	−9.8%	26+	before history	0.20%
BN	BROOKFIELD Corp Financial Services	Held	65,646	0	$2,795,863	+5.2%	15	unpriced	0.19%
ABT	Abbott Laboratories Healthcare	Reduced	30,604	-2,266	$2,777,006	−17.7%	26+	before history	0.18%
SOLV	Solventum Corp Healthcare	Reduced	35,220	-17,892	$2,717,223	−21.7%	9	$60.70	0.18%
VEEV	Veeva Systems Inc Healthcare	Held	13,562	0	$2,406,848	+1.0%	9	$198.08	0.16%
ADP	Automatic Data Processing Inc Technology	Held	10,400	0	$2,329,080	+10.2%	26+	before history	0.15%
VHT	VANGUARD HEALTH CARE INDEX FUND	Reduced	6,967	-5,442	$2,083,202	—	21	before history	0.14%
JKHY	Jack Henry & Associates Inc Technology	Held	14,382	0	$1,980,976	−12.8%	26+	before history	0.13%
VLTO	Veralto Corp Industrials	Held	21,546	0	$1,910,699	+0.3%	11	$74.45	0.13%
CI	Cigna Group Healthcare	Held	6,358	0	$1,752,773	+3.3%	17	$273.51	0.12%
RAL	Ralliant Corp Technology	Held	21,075	0	$1,551,752	+77.0%	5	unpriced	0.10%
VRSN	Verisign Inc Technology	Held	5,901	0	$1,484,455	+1.3%	16	$184.99	0.10%
TDG	TransDigm Group INC Industrials	Held	1,060	0	$1,411,962	+14.9%	15	$589.18	0.09%
COST	Costco Wholesale Corp Consumer Defensive	Held	1,400	0	$1,309,658	−6.1%	26+	before history	0.09%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	20,898	0	$1,208,740	+0.3%	26+	before history	0.08%
VNT	Vontier Corp Technology	Held	39,267	0	$1,138,743	−18.2%	23	before history	0.08%
MRK	Merck & Co., Inc. Healthcare	Held	8,812	0	$1,132,342	+6.8%	23	before history	0.08%
NVO	Novo Nordisk A S Healthcare	Held	23,512	0	$1,127,165	+30.4%	26+	before history	0.07%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Held	15,745	0	$939,819	+10.4%	10	$42.43	0.06%

Showing the top 50 of 76 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.