Daiwa Securities Group Inc.
Broker-DealerCIK
1481045
Location
CHIYODA-KU,TOKYO, M0
Portfolio Value
Large
$37,583,147,370
Diversification
Diversified
Filing Date
Global Rank
#180
/ 8,607
▲ 36
· as of Mar 2026
Top Industry
Semiconductors
16.2%
3Y Alpha vs SPY
-4.9%
Period ended 3 months ago
Filed May 13, 2026 · 2mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+53.9%
SPY
+75.2%
Annualised alpha
-5.1%
Max drawdown
−17.9%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
1,026 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
8.4%
+2.3 pts
Top 5
31.9%
+7.3 pts
Top 10
45.7%
+5.9 pts
HHI
285
Diversified+79
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 39.2% | $14,728,326,817 |
| Real Estate | 21.7% | $8,173,448,073 |
| Communication Services | 12.1% | $4,533,940,859 |
| Consumer Cyclical | 6.4% | $2,394,418,362 |
| Healthcare | 4.9% | $1,857,664,396 |
| Financial Services | 4.7% | $1,748,896,353 |
| Industrials | 4.5% | $1,690,224,570 |
| Consumer Defensive | 2.8% | $1,037,280,982 |
| Energy | 1.3% | $504,835,765 |
| Basic Materials | 1.0% | $368,091,207 |
| Utilities | 0.9% | $354,193,067 |
| Unclassified | 0.5% | $191,826,919 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NVDA | Nvidia Corp | +7,045,525 | 16,741,993 | $2,919,803,578 | |
| SOFI | SoFi Technologies, Inc. | +5,526,986 | 5,628,986 | $89,388,297 | |
| MSFT | Microsoft Corp | +5,321,222 | 8,484,934 | $3,140,868,017 | |
| GOOGL | Alphabet Inc. | +3,658,211 | 7,231,852 | $2,079,591,360 | |
| PLTR | Palantir Technologies Inc. | +2,708,001 | 7,167,069 | $1,048,398,852 | |
| AVGO | Broadcom Inc. | +2,651,930 | 5,788,290 | $1,791,533,637 | |
| ORCL | Oracle Corp | +2,602,773 | 2,916,844 | $429,096,918 | |
| AAPL | Apple Inc. | +2,318,346 | 8,166,979 | $2,072,697,599 | |
| UNH | Unitedhealth Group Inc | +1,828,210 | 2,059,823 | $557,367,505 | |
| TMUS | T-Mobile US, Inc. | +1,637,575 | 1,819,493 | $382,148,114 | |
| QCOM | Qualcomm Inc/De | +1,631,884 | 1,987,359 | $255,932,092 | |
| KIM | Kimco Realty Corp | +1,626,665 | 13,357,982 | $300,153,854 | |
| AMZN | Amazon Com Inc | +1,563,999 | 7,156,782 | $1,490,542,985 | |
| LRCX | Lam Research Corp | +1,558,626 | 1,915,720 | $409,312,734 | |
| PEP | Pepsico Inc | +1,452,336 | 1,852,702 | $287,706,093 | |
| EPRT | Essential Properties Realty Trust, Inc. | +1,285,515 | 5,283,108 | $160,395,158 | |
| BXP | BXP, Inc. | +1,253,782 | 4,319,777 | $224,196,426 | |
| MIR | Mirion Technologies, Inc. | +1,170,497 | 1,217,497 | $22,633,269 | |
| KRC | Kilroy Realty Corp | +1,151,243 | 4,643,089 | $130,981,540 | |
| ONDS | Ondas Inc. | +1,015,752 | 1,026,200 | $9,276,848 | |
| ADP | Automatic Data Processing Inc | +994,213 | 1,110,039 | $225,537,723 | |
| MU | Micron Technology Inc | +891,866 | 1,884,021 | $636,497,653 | |
| ADC | Agree Realty Corp | +698,692 | 2,961,683 | $223,251,663 | |
| CURB | Curbline Properties Corp. | +690,888 | 3,394,397 | $87,541,497 | |
| VTR | Ventas, Inc. | +677,073 | 5,382,664 | $440,194,261 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| INVH | Invitation Homes Inc. | −4,275,036 | 5,485,116 | $136,305,131 | |
| HST | Host Hotels & Resorts, Inc. | −3,001,838 | 7,434,999 | $142,454,580 | |
| PG | PROCTER & GAMBLE Co | −1,597,559 | 489,857 | $70,754,944 | |
| COLD | Americold Realty Trust | −1,459,723 | 119,298 | $1,367,155 | |
| CRWD | CrowdStrike Holdings, Inc. | −1,443,434 | 76,825 | $7,498,310 | |
| WY | Weyerhaeuser Co | −1,208,049 | 2,484,971 | $60,707,840 | |
| O | Realty Income Corp | −1,126,815 | 1,783,981 | $109,143,957 | |
| UDR | UDR, Inc. | −743,277 | 4,453,170 | $150,428,082 | |
| IRM | Iron Mountain Inc | −546,646 | 3,107,440 | $317,393,921 | |
| VRE | Veris Residential, Inc. | −544,005 | 32,038 | $604,557 | |
| NTST | NETSTREIT Corp. | −474,937 | 38,428 | $723,599 | |
| AXP | American Express Co | −426,099 | 186,062 | $56,280,032 | |
| DLR | Digital Realty Trust, Inc. | −403,521 | 4,142,697 | $746,555,425 | |
| IBN | Icici Bank Ltd | −388,193 | 4,474,438 | $115,887,944 | |
| CTRE | CareTrust REIT, Inc. | −334,032 | 1,982,935 | $72,674,566 | |
| EOSE | Eos Energy Enterprises, Inc. | −331,530 | 173,000 | $858,080 | |
| NSA | National Storage Affiliates Trust | −240,875 | 33,557 | $1,266,441 | |
| HR | Healthcare Realty Trust Inc | −209,112 | 8,422,975 | $143,106,344 | |
| WELL | Welltower Inc. | −194,324 | 4,283,582 | $846,906,997 | |
| BTQ | BTQ Technologies Corp. | −185,600 | 400 | $1,068 | |
| ESS | Essex Property Trust, Inc. | −181,169 | 924,804 | $223,802,568 | |
| HPP | Hudson Pacific Properties, Inc. | −176,724 | 21,152 | $125,008 | |
| CUBE | CubeSmart | −158,346 | 90,262 | $3,308,102 | |
| ELS | Equity Lifestyle Properties Inc | −130,141 | 3,526,349 | $220,114,704 | |
| NU | Nu Holdings Ltd. | −124,132 | 216,750 | $3,114,697 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| FOUR | Shift4 Payments, Inc. | 657,200 | $28,739,356 | |
| FIG | Figma, Inc. | 1,050,000 | $22,197,000 | |
| YSS | York Space Systems Inc. | 622,792 | $13,807,298 | |
| LOAR | Loar Holdings Inc. | 203,400 | $11,652,786 | |
| CRML | Critical Metals Corp. | 983,200 | $7,806,608 | |
| JAN | Janus Living, Inc. | 270,264 | $6,370,122 | |
| HTZ | Hertz Global Holdings, Inc | 1,050,000 | $4,840,500 | |
| NNE | Nano Nuclear Energy Inc. | 227,600 | $4,661,248 | |
| SERV | Serve Robotics Inc. /DE/ | 522,800 | $4,412,432 | |
| STRL | Sterling Infrastructure, Inc. | 10,000 | $4,072,700 | |
| BETR | Better Home & Finance Holding Co | 110,400 | $3,932,448 | |
| UAMY | United States Antimony Corp | 370,200 | $3,231,846 | |
| AMCR | Amcor plc | 78,891 | $3,135,917 | |
| FTAI | FTAI Aviation Ltd. | 10,836 | $2,654,820 | |
| DY | Dycom Industries Inc | 7,000 | $2,371,740 | |
| ASTS | AST SpaceMobile, Inc. | 24,675 | $2,044,817 | |
| KC | Kingsoft Cloud Holdings Ltd | 152,800 | $2,041,408 | |
| GRRR | Gorilla Technology Group Inc. | 175,900 | $1,852,227 | |
| CDE | Coeur Mining, Inc. | 94,500 | $1,773,765 | |
| PATH | UiPath, Inc. | 111,800 | $1,240,980 | |
| BYND | Beyond Meat, Inc. | 1,750,200 | $1,228,640 | |
| AR | ANTERO RESOURCES Corp | 28,700 | $1,218,028 | |
| PNFP | Pinnacle Financial Partners, Inc. | 13,300 | $1,145,662 | |
| IREN | IREN Ltd | 30,200 | $1,035,256 | |
| PCT | PureCycle Technologies, Inc. | 193,200 | $1,002,708 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| IBIT | iShares Bitcoin Trust ETF | 3,790,000 | $188,173,500 | |
| AVAV | AeroVironment Inc | 97,890 | $23,678,612 | |
| TXRH | Texas Roadhouse, Inc. | 32,767 | $5,439,322 | |
| HLI | Houlihan Lokey, Inc. | 19,513 | $3,398,969 | |
| HDB | Hdfc Bank Ltd | 86,274 | $3,152,451 | |
| LYFT | Lyft, Inc. | 150,904 | $2,923,010 | |
| SFM | Sprouts Farmers Market, Inc. | 33,522 | $2,670,697 | |
| BILL | BILL Holdings, Inc. | 35,000 | $1,908,900 | |
| USFD | US Foods Holding Corp. | 24,438 | $1,840,670 | |
| OS | OneStream, Inc. | 91,247 | $1,677,119 | |
| QRVO | Qorvo, Inc. | 17,700 | $1,495,827 | |
| TLRY | Tilray Brands, Inc. | 151,400 | $1,367,142 | |
| BTDR | Bitdeer Technologies Group | 100,000 | $1,121,000 | |
| WIX | Wix.com Ltd. | 9,479 | $984,772 | |
| ESTC | Elastic N.V. | 12,200 | $920,368 | |
| NVST | Envista Holdings Corp | 41,132 | $892,975 | |
| BAH | Booz Allen Hamilton Holding Corp | 10,494 | $885,273 | |
| NGD | New Gold Inc. /FI | 100,100 | $871,871 | |
| DINO | HF Sinclair Corp | 17,300 | $797,184 | |
| DV | DoubleVerify Holdings, Inc. | 68,280 | $781,123 | |
| AFG | American Financial Group Inc | 5,674 | $775,522 | |
| FRPT | Freshpet, Inc. | 10,400 | $633,672 | |
| GAP | Gap Inc | 24,500 | $627,200 | |
| ELME | Elme Communities | 33,421 | $581,525 | |
| CSIQ | Canadian Solar Inc. | 22,400 | $532,448 | |
| No positions match the current search. | ||||
1,026 positions ·
$37,583,147,370 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 1,026 positions by value
· page 1 of 21
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Added | 8,484,934 | $3,140,868,017 | 8.36% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 16,741,993 | $2,919,803,578 | 7.77% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 7,231,852 | $2,079,591,360 | 5.53% | |
| AAPL |
Apple Inc.
Technology
|
Added | 8,166,979 | $2,072,697,599 | 5.51% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 5,788,290 | $1,791,533,637 | 4.77% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 7,156,782 | $1,490,542,985 | 3.97% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Added | 7,167,069 | $1,048,398,852 | 2.79% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 1,663,260 | $951,600,942 | 2.53% | |
| WELL |
Welltower Inc.
Real Estate
|
Reduced | 4,283,582 | $846,906,997 | 2.25% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 8,550,235 | $822,105,094 | 2.19% | |
| DLR |
Digital Realty Trust, Inc.
Real Estate
|
Reduced | 4,142,697 | $746,555,425 | 1.99% | |
| PLD |
Prologis, Inc.
Real Estate
|
Added | 4,873,945 | $644,238,049 | 1.71% | |
| MU |
Micron Technology Inc
Technology
|
Added | 1,884,021 | $636,497,653 | 1.69% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 2,059,823 | $557,367,505 | 1.48% | |
| VTR |
Ventas, Inc.
Real Estate
|
Added | 5,382,664 | $440,194,261 | 1.17% | |
| EQIX |
Equinix Inc
Real Estate
|
Reduced | 439,415 | $430,732,159 | 1.15% | |
| ORCL |
Oracle Corp
Technology
|
Added | 2,916,844 | $429,096,918 | 1.14% | |
| LRCX |
Lam Research Corp
Technology
|
Added | 1,915,720 | $409,312,734 | 1.09% | |
| EXR |
Extra Space Storage Inc.
Real Estate
|
Added | 2,927,433 | $383,874,289 | 1.02% | |
| TMUS |
T-Mobile US, Inc.
Communication Services
|
Added | 1,819,493 | $382,148,114 | 1.02% | |
| CCI |
Crown Castle Inc.
Real Estate
|
Added | 4,385,192 | $356,559,961 | 0.95% | |
| IRM |
Iron Mountain Inc
Real Estate
|
Reduced | 3,107,440 | $317,393,921 | 0.84% | |
| KIM |
Kimco Realty Corp
Real Estate
|
Added | 13,357,982 | $300,153,854 | 0.80% | |
| SPG |
Simon Property Group Inc.
Real Estate
|
Reduced | 1,578,080 | $294,359,261 | 0.78% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Added | 1,852,702 | $287,706,093 | 0.77% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 702,158 | $261,027,236 | 0.69% | |
| QCOM |
Qualcomm Inc/De
Technology
|
Added | 1,987,359 | $255,932,092 | 0.68% | |
| PSA |
Public Storage
Real Estate
|
Added | 890,981 | $241,348,932 | 0.64% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Added | 1,110,039 | $225,537,723 | 0.60% | |
| BXP |
BXP, Inc.
Real Estate
|
Added | 4,319,777 | $224,196,426 | 0.60% | |
| ESS |
Essex Property Trust, Inc.
Real Estate
|
Reduced | 924,804 | $223,802,568 | 0.60% | |
| ADC |
Agree Realty Corp
Real Estate
|
Added | 2,961,683 | $223,251,663 | 0.59% | |
| SUI |
Sun Communities Inc
Real Estate
|
Added | 1,768,350 | $222,741,365 | 0.59% | |
| ELS |
Equity Lifestyle Properties Inc
Real Estate
|
Reduced | 3,526,349 | $220,114,704 | 0.59% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 584,966 | $172,073,598 | 0.46% | |
| EGP |
Eastgroup Properties Inc
Real Estate
|
Added | 880,158 | $162,908,444 | 0.43% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 1,310,670 | $162,890,066 | 0.43% | |
| EPRT |
Essential Properties Realty Trust, Inc.
Real Estate
|
Added | 5,283,108 | $160,395,158 | 0.43% | |
| UDR |
UDR, Inc.
Real Estate
|
Reduced | 4,453,170 | $150,428,082 | 0.40% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 149,179 | $148,646,430 | 0.40% | |
| LAMR |
Lamar Advertising Co/New
Real Estate
|
Added | 1,166,939 | $147,804,493 | 0.39% | |
| HR |
Healthcare Realty Trust Inc
Real Estate
|
Reduced | 8,422,975 | $143,106,344 | 0.38% | |
| HST |
Host Hotels & Resorts, Inc.
Real Estate
|
Reduced | 7,434,999 | $142,454,580 | 0.38% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 150,533 | $138,455,736 | 0.37% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 288,342 | $138,173,486 | 0.37% | |
| INVH |
Invitation Homes Inc.
Real Estate
|
Reduced | 5,485,116 | $136,305,131 | 0.36% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 548,385 | $134,047,229 | 0.36% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 778,677 | $132,110,339 | 0.35% | |
| KRC |
Kilroy Realty Corp
Real Estate
|
Added | 4,643,089 | $130,981,540 | 0.35% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 174,585 | $123,686,489 | 0.33% |