Norinchukin Bank, The
Filing Date
Global Rank
#457
/ 8,232
▲ 35
Top Industry
Semiconductors
12.7%
3Y Alpha vs SPY
-3.4%
Period ended 2 months ago
Filed May 15, 2026 · 30d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+61.7%
SPY
+76.3%
Annualised alpha
-3.4%
Max drawdown
−17.7%
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
546 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
13.6%
−0.2 pts
Top 5
32.7%
−1.3 pts
Top 10
42.9%
−1.9 pts
HHI
323
Diversified−17
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 26.9% | $1,580,425,874 |
| Unclassified | 18.8% | $1,102,682,606 |
| Consumer Cyclical | 9.8% | $573,787,835 |
| Financial Services | 9.1% | $537,564,521 |
| Healthcare | 8.2% | $479,528,665 |
| Industrials | 7.6% | $447,056,881 |
| Communication Services | 6.0% | $355,264,897 |
| Consumer Defensive | 5.6% | $327,553,797 |
| Energy | 2.4% | $140,139,455 |
| Basic Materials | 2.1% | $125,140,999 |
| Real Estate | 2.0% | $115,038,038 |
| Utilities | 1.6% | $95,101,019 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| WMT | Walmart Inc. | +179,037 | 445,287 | $55,340,268 | |
| NKE | NIKE, Inc. | +94,076 | 331,733 | $17,522,136 | |
| MKC | Mccormick & Co Inc | +66,658 | 522,157 | $26,337,598 | |
| CPRT | Copart Inc | +47,553 | 411,694 | $13,668,240 | |
| CSX | Csx Corp | +42,518 | 191,173 | $7,847,651 | |
| INTC | Intel Corp | +37,214 | 449,476 | $19,835,375 | |
| NVDA | Nvidia Corp | +35,843 | 1,821,137 | $317,606,292 | |
| AMZN | Amazon Com Inc | +33,082 | 896,961 | $186,810,066 | |
| TSCO | Tractor Supply Co /De/ | +32,783 | 606,234 | $27,462,399 | |
| HBAN | Huntington Bancshares Inc /Md/ | +26,565 | 115,763 | $1,811,690 | |
| CMCSA | Comcast Corp | +25,744 | 368,684 | $10,584,917 | |
| MSFT | Microsoft Corp | +25,244 | 617,893 | $228,725,450 | |
| JKHY | Jack Henry & Associates Inc | +18,123 | 202,426 | $31,991,404 | |
| WBD | Warner Bros. Discovery, Inc. | +15,514 | 322,825 | $8,864,774 | |
| PANW | Palo Alto Networks Inc | +14,841 | 82,438 | $13,216,460 | |
| FITB | Fifth Third Bancorp | +13,911 | 51,420 | $2,388,973 | |
| AAPL | Apple Inc. | +13,640 | 1,086,823 | $275,824,809 | |
| CSCO | Cisco Systems, Inc. | +13,373 | 390,623 | $30,308,438 | |
| TSLA | Tesla, Inc. | +13,292 | 235,756 | $87,642,293 | |
| EW | Edwards Lifesciences Corp | +13,065 | 395,023 | $31,633,441 | |
| NFLX | Netflix Inc | +12,734 | 412,431 | $39,655,240 | |
| CRH | Crh Public Ltd Co | +12,026 | 38,516 | $4,048,801 | |
| V | Visa Inc. | +9,799 | 259,521 | $78,437,626 | |
| APH | Amphenol Corp /De/ | +9,524 | 229,073 | $28,943,372 | |
| AVGO | Broadcom Inc. | +8,497 | 346,329 | $107,192,288 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TXN | Texas Instruments Inc | −60,431 | 261,257 | $50,720,433 | |
| CHD | Church & Dwight Co Inc /De/ | −51,578 | 310,992 | $29,021,773 | |
| T | At&T Inc. | −28,810 | 377,854 | $10,953,987 | |
| FAST | Fastenal Co | −21,485 | 660,445 | $30,644,647 | |
| TW | Tradeweb Markets Inc. | −20,009 | 193,898 | $22,814,038 | |
| SCI | Service Corp International | −16,000 | 355,014 | $29,292,204 | |
| LIN | Linde PLC | −13,328 | 93,673 | $46,439,326 | |
| DE | Deere & Co | −11,984 | 63,873 | $35,979,660 | |
| ITW | Illinois Tool Works Inc | −11,766 | 98,623 | $25,670,580 | |
| TJX | Tjx Companies Inc /De/ | −8,932 | 253,549 | $40,491,774 | |
| SHW | Sherwin Williams Co | −4,919 | 104,818 | $33,599,409 | |
| BAC | Bank Of America Corp /De/ | −4,434 | 404,757 | $19,731,903 | |
| LUV | Southwest Airlines Co | −3,095 | 20,064 | $753,804 | |
| ZTS | Zoetis Inc. | −2,855 | 400,698 | $47,366,510 | |
| DAL | Delta Air Lines, Inc. | −2,836 | 26,972 | $1,793,098 | |
| JPM | Jpmorgan Chase & Co | −2,514 | 172,155 | $50,641,114 | |
| UNP | Union Pacific Corp | −2,504 | 25,017 | $6,069,624 | |
| C | Citigroup Inc | −2,379 | 106,584 | $12,087,691 | |
| CVX | Chevron Corp | −2,259 | 131,547 | $27,217,074 | |
| CRM | Salesforce, Inc. | −2,030 | 64,880 | $12,111,149 | |
| DIS | Walt Disney Co | −2,027 | 113,985 | $10,985,874 | |
| PG | PROCTER & GAMBLE Co | −1,956 | 145,753 | $21,052,563 | |
| COST | Costco Wholesale Corp /New | −1,910 | 84,074 | $83,773,855 | |
| UBER | Uber Technologies, Inc | −1,808 | 173,263 | $12,462,807 | |
| HD | Home Depot, Inc. | −1,624 | 69,447 | $22,840,423 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
6 positions
Sold Out
Positions the filer fully exited
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MTCH | Match Group, Inc. | 23,089 | $745,543 | |
| MOH | Molina Healthcare, Inc. | 3,288 | $570,599 | |
| PAYC | Paycom Software, Inc. | 3,545 | $564,931 | |
| LW | Lamb Weston Holdings, Inc. | 7,147 | $299,387 | |
| VNO | Vornado Realty Trust | 7,376 | $245,473 | |
| MRP | Millrose Properties, Inc. | 7,050 | $210,583 | |
| APLE | Apple Hospitality REIT, Inc. | 10,075 | $119,388 | |
| No positions match the current search. | ||||
20 positions ·
$125,140,999 total
· Basic Materials only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| LIN |
Linde PLC
Basic Materials
|
Reduced | 93,673 | $46,439,326 | 37.11% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Reduced | 104,818 | $33,599,409 | 26.85% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Added | 67,180 | $7,272,235 | 5.81% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Added | 82,523 | $4,850,701 | 3.88% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Added | 17,769 | $4,726,909 | 3.78% | |
| CRH |
Crh Public Ltd Co
Basic Materials
|
Added | 38,516 | $4,048,801 | 3.24% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
Reduced | 41,482 | $3,472,458 | 2.77% | |
| APD |
Air Products & Chemicals, Inc.
Basic Materials
|
Added | 10,966 | $3,185,513 | 2.55% | |
| NUE |
Nucor Corp
Basic Materials
|
Added | 13,145 | $2,222,819 | 1.78% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Added | 7,585 | $2,065,395 | 1.65% | |
| MLM |
Martin Marietta Materials Inc
Basic Materials
|
Added | 3,463 | $2,038,598 | 1.63% | |
| DOW |
Dow Inc.
Basic Materials
|
Added | 40,960 | $1,705,984 | 1.36% | |
| PPG |
Ppg Industries Inc
Basic Materials
|
Added | 15,641 | $1,671,710 | 1.34% | |
| ALB |
Albemarle Corp
Basic Materials
|
Reduced | 7,630 | $1,369,813 | 1.09% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Added | 7,608 | $1,369,440 | 1.09% | |
| DD |
DuPont de Nemours, Inc.
Basic Materials
|
Reduced | 26,957 | $1,234,630 | 0.99% | |
| IFF |
International Flavors & Fragrances Inc
Basic Materials
|
Added | 16,794 | $1,218,404 | 0.97% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Added | 14,779 | $1,190,596 | 0.95% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
Reduced | 7,700 | $999,768 | 0.80% | |
| MOS |
Mosaic Co
Basic Materials
|
Added | 17,980 | $458,490 | 0.37% |