Norinchukin Bank, The

CIK

1496637

Location

TOKYO, M0

Portfolio Value

Mid $6,644,309,247

Diversification

Diversified

Reports for

Norinchukin Zenkyoren Asset Management Co., Ltd. Norinchukin Value Investments Co.,Ltd.

Filing Date

Global Rank

#592 / 8,517 ▲ 7

Top Industry

Semiconductors 16.7%

3Y Alpha vs SPY

+22.4%

Period ended 48 days ago

Filed Aug 14, 2026 · 3d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+197.0%

SPY

+77.9%

Annualised alpha

+22.6%

Max drawdown

−17.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

13.9%

+0.4 pts

Top 5

31.4%

−0.9 pts

Top 10

42.6%

−1.4 pts

HHI

324

Diversified−1

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	31.3%	$2,080,570,226	90
Unclassified	16.8%	$1,113,975,088	3
Consumer Cyclical	9.2%	$613,272,297	57
Financial Services	8.5%	$567,565,987	72
Industrials	7.6%	$504,246,177	78
Healthcare	7.6%	$502,145,767	60
Communication Services	7.5%	$500,923,972	22
Consumer Defensive	4.4%	$293,648,108	34
Basic Materials	1.9%	$128,472,790	20
Real Estate	1.9%	$124,846,707	64
Energy	1.8%	$119,760,708	21
Utilities	1.4%	$94,881,420	31

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
TSCO	Tractor Supply Co /De/	+482,283	1,088,517	$34,408,022
ROL	Rollins Inc	+252,368	567,116	$23,671,421
CPRT	Copart Inc	+168,984	580,678	$16,369,312
KLAC	Kla Corp	+117,450	130,098	$39,251,867
ZTS	Zoetis Inc.	+91,026	491,724	$35,335,285
SCI	Service Corp International	+87,465	442,479	$33,610,704
BKNG	Booking Holdings Inc.	+75,799	79,025	$14,085,416
WBD	Warner Bros. Discovery, Inc.	+64,039	386,864	$10,313,794
RMD	Resmed Inc	+47,232	175,178	$34,138,688
T	At&T Inc.	+37,043	414,897	$8,588,367
MRVL	Marvell Technology, Inc.	+35,479	68,114	$20,290,479
DVN	Devon Energy Corp/De	+35,195	76,162	$3,147,013
CVNA	Carvana Co.	+34,494	42,968	$2,828,153
CTAS	Cintas Corp	+26,099	186,263	$31,679,610
JKHY	Jack Henry & Associates Inc	+22,107	224,533	$30,927,174
APH	Amphenol Corp /De/	+20,273	249,346	$0
KVUE	Kenvue Inc.	+15,768	130,741	$2,498,460
ITW	Illinois Tool Works Inc	+11,391	110,014	$29,755,486
NVDA	Nvidia Corp	+10,944	1,832,081	$366,581,087
ARM	Arm Holdings PLC /Uk	+10,934	16,031	$5,684,111
OKE	Oneok Inc /New/	+10,572	41,648	$3,620,877
AAPL	Apple Inc.	+10,417	1,097,240	$317,497,366
INTC	Intel Corp	+10,130	459,606	$64,174,785
SPGI	S&P Global Inc.	+9,818	119,306	$48,588,559
PFE	Pfizer Inc	+9,518	338,399	$8,148,647
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MKC	Mccormick & Co Inc	−507,020	15,137	$763,207
QQQ	Invesco Qqq Trust, Series 1	−258,000	260,000	$191,464,000
NKE	NIKE, Inc.	−253,681	78,052	$3,204,034
MSFT	Microsoft Corp	−79,205	538,688	$200,941,397
EW	Edwards Lifesciences Corp	−53,096	341,927	$30,930,715
TXN	Texas Instruments Inc	−51,705	209,552	$62,461,163
HON	Honeywell International Inc	−34,250	36,163	$8,096,895
CSX	Csx Corp	−34,222	156,951	$7,459,881
AMZN	Amazon Com Inc	−32,785	864,176	$205,967,707
BRK-B	Berkshire Hathaway Inc	−24,587	73,026	$36,541,480
VRSK	Verisk Analytics, Inc.	−22,098	141,382	$25,382,310
VZ	Verizon Communications Inc	−19,754	249,315	$10,555,997
TJX	Tjx Companies Inc /De/	−18,478	235,071	$35,613,256
DD	DuPont de Nemours, Inc.	−17,956	9,001	$1,220,895
CTSH	Cognizant Technology Solutions Corp	−17,616	30,865	$1,195,401
ABT	Abbott Laboratories	−17,424	72,119	$6,544,078
CHD	Church & Dwight Co Inc /De/	−17,309	293,683	$28,452,008
CSGP	Costar Group, Inc.	−15,916	24,748	$700,863
V	Visa Inc.	−12,193	247,328	$84,855,762
ICE	Intercontinental Exchange, Inc.	−10,233	24,401	$3,004,007
FAST	Fastenal Co	−9,970	650,475	$31,242,313
CRM	Salesforce, Inc.	−9,833	55,047	$8,623,663
CL	Colgate Palmolive Co	−9,615	40,328	$3,697,271
CMCSA	Comcast Corp	−8,440	360,244	$8,843,990
AEP	American Electric Power Co Inc	−8,234	47,318	$6,473,575
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	33,604	$7,429,172
ALAB	Astera Labs, Inc.	6,598	$3,186,965
FLEX	Flex Ltd.	14,722	$2,385,994
NBIS	Nebius Group N.V.	8,499	$2,347,168
RKLB	Rocket Lab Corp	22,330	$2,269,844
CRWV	CoreWeave, Inc.	17,158	$1,707,907
VEEV	Veeva Systems Inc	9,571	$1,698,565
CASY	Caseys General Stores Inc	2,120	$1,684,954
FDXF	FedEx Freight Holding Company, Inc.	7,178	$1,083,878
VNO	Vornado Realty Trust	6,840	$268,812
OUT	OUTFRONT Media Inc.	6,622	$216,936
CUZ	Cousins Properties Inc	7,112	$213,217
MRP	Millrose Properties, Inc.	6,668	$200,373
SVC	Service Properties Trust	27,423	$46,344
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
INSM	INSMED Inc	8,078	$1,320,914
ZS	Zscaler, Inc.	5,977	$838,513
EPAM	EPAM Systems, Inc.	3,276	$443,570
TEAM	Atlassian Corp	6,300	$429,975
POOL	Pool Corp	2,038	$412,348
CAG	Conagra Brands Inc.	26,131	$410,779
CPB	CAMPBELL'S Co	10,732	$239,001
CTRA	Coterra Energy Inc.	54,818	$0
HOLX	HOLOGIC INC	13,804	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

552 tracked positions · $6,644,309,247 total · filing declares 596 positions · $10,276,037,938 · as of Jun 30, 2026

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

Showing 1–50 of 552 positions by value · page 1 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Held	1,233,000	0	$920,767,410	+14.8%	13.86%
NVDA	Nvidia Corp Technology	Added	1,832,081	+10,944	$366,581,087	+15.4%	5.52%
AAPL	Apple Inc. Technology	Added	1,097,240	+10,417	$317,497,366	+15.1%	4.78%
GOOGL	Alphabet Inc. Communication Services	Added	775,422	+6,704	$275,701,040	+24.9%	4.15%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	864,176	-32,785	$205,967,707	+10.3%	3.10%
MSFT	Microsoft Corp Technology	Reduced	538,688	-79,205	$200,941,397	−12.1%	3.02%
QQQ	Invesco Qqq Trust, Series 1	Reduced	260,000	-258,000	$191,464,000	−36.0%	2.88%
AVGO	Broadcom Inc. Technology	Added	349,853	+3,524	$132,156,970	+23.3%	1.99%
MU	Micron Technology Inc Technology	Added	105,306	+3,637	$121,553,662	+253.9%	1.83%
TSLA	Tesla, Inc. Consumer Cyclical	Added	238,220	+2,464	$100,195,332	+14.3%	1.51%
META	Meta Platforms, Inc. Communication Services	Added	168,224	+2,296	$94,758,896	−0.2%	1.43%
AMD	Advanced Micro Devices Inc Technology	Added	157,324	+2,508	$91,391,084	+190.2%	1.38%
V	Visa Inc. Financial Services	Reduced	247,328	-12,193	$84,855,762	+8.2%	1.28%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	81,210	-2,864	$75,969,517	−9.3%	1.14%
INTC	Intel Corp Technology	Added	459,606	+10,130	$64,174,785	+223.5%	0.97%
TXN	Texas Instruments Inc Technology	Reduced	209,552	-51,705	$62,461,163	+23.1%	0.94%
LLY	ELI LILLY & Co Healthcare	Added	48,255	+1,111	$57,878,499	+33.5%	0.87%
AMAT	Applied Materials Inc /De Technology	Added	79,045	+1,227	$57,149,535	+114.9%	0.86%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	169,305	-2,850	$55,418,605	+9.4%	0.83%
LRCX	Lam Research Corp Technology	Added	122,596	+2,089	$53,124,524	+106.3%	0.80%
WMT	Walmart Inc. Consumer Defensive	Added	449,267	+3,980	$50,883,980	−8.1%	0.77%
SPGI	S&P Global Inc. Financial Services	Added	119,306	+9,818	$48,588,559	+4.3%	0.73%
LIN	Linde PLC Basic Materials	Reduced	91,783	-1,890	$47,629,869	+2.6%	0.72%
CSCO	Cisco Systems, Inc. Technology	Added	394,019	+3,396	$46,281,471	+52.7%	0.70%
DE	Deere & Co Industrials	Added	66,830	+2,957	$42,392,273	+17.8%	0.64%
KLAC	Kla Corp Technology	Added	130,098	+117,450	$39,251,867	+110.8%	0.59%
JNJ	Johnson & Johnson Healthcare	Reduced	150,334	-4,696	$38,180,325	+0.8%	0.57%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	73,026	-24,587	$36,541,480	−21.9%	0.55%
SHW	Sherwin Williams Co Basic Materials	Reduced	104,196	-622	$35,876,766	+6.8%	0.54%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	235,071	-18,478	$35,613,256	−12.0%	0.54%
ZTS	Zoetis Inc. Healthcare	Added	491,724	+91,026	$35,335,285	−25.4%	0.53%
CAT	Caterpillar Inc Industrials	Reduced	32,691	-3,901	$34,812,645	+34.3%	0.52%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Added	1,088,517	+482,283	$34,408,022	+25.3%	0.52%
RMD	Resmed Inc Healthcare	Added	175,178	+47,232	$34,138,688	+18.9%	0.51%
SCI	Service Corp International Consumer Cyclical	Added	442,479	+87,465	$33,610,704	+14.7%	0.51%
SNDK	Sandisk Corp Technology	Added	13,943	+5,675	$31,702,617	+503.5%	0.48%
CTAS	Cintas Corp Industrials	Added	186,263	+26,099	$31,679,610	+16.9%	0.48%
FAST	Fastenal Co Industrials	Reduced	650,475	-9,970	$31,242,313	+2.0%	0.47%
EW	Edwards Lifesciences Corp Healthcare	Reduced	341,927	-53,096	$30,930,715	−2.2%	0.47%
JKHY	Jack Henry & Associates Inc Technology	Added	224,533	+22,107	$30,927,174	−3.3%	0.47%
NFLX	Netflix Inc Communication Services	Added	416,806	+4,375	$29,759,948	−25.0%	0.45%
ITW	Illinois Tool Works Inc Industrials	Added	110,014	+11,391	$29,755,486	+15.9%	0.45%
PANW	Palo Alto Networks Inc Technology	Added	84,495	+2,057	$28,814,484	+118.0%	0.43%
CHD	Church & Dwight Co Inc /De/ Consumer Defensive	Reduced	293,683	-17,309	$28,452,008	−2.0%	0.43%
MA	Mastercard Inc Financial Services	Added	54,686	+3,358	$28,086,729	+9.5%	0.42%
PLTR	Palantir Technologies Inc. Technology	Added	237,281	+2,276	$27,683,574	−19.5%	0.42%
XOM	ExxonMobil Holdings Corp Energy	Reduced	198,700	-7,741	$27,166,264	−22.4%	0.41%
ABBV	AbbVie Inc. Healthcare	Reduced	107,762	-273	$27,117,229	+15.4%	0.41%
UNH	Unitedhealth Group Inc Healthcare	Reduced	63,267	-1,997	$26,295,663	+48.9%	0.40%
VRSK	Verisk Analytics, Inc. Industrials	Reduced	141,382	-22,098	$25,382,310	−18.2%	0.38%

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.