MIZUHO SECURITIES USA LLC

CIK

1513006

Location

NEW YORK, NY

Portfolio Value

Mid $4,431,597,973

Diversification

Diversified

Filing Date

Global Rank

#765 / 8,136 ▼ 74 · as of Mar 2025

Top Industry

Semiconductors 8.5%

Period ended 1 year ago

Filed May 12, 2025 · 1y

21 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 Mar 31, 2025, never from the firm's own description.

Style

Index-like

Active share 14.2% against the S&P 500 as of 2025-03-31, across 588 stocks (index-like at 20% or less with 100+ stocks)

Turnover

High turnover

129.1% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 4.7 quarters, but 4.8% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2025-03-31, active share 14.2%; sector active share 10.0% against the combined 13F book's sector weights.

Over time 21 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

612 tracked positions · as of Mar 31, 2025 · Δ vs Dec 31, 2024

Top Position

6.0%

−0.7 pts

Top 5

23.9%

−3.9 pts

Top 10

33.6%

−5.4 pts

HHI

160

Diversified−45

Portfolio Trend

21 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2025

Sector	% Portfolio	Value	Positions
Technology	27.2%	$1,203,748,315	80
Financial Services	18.1%	$802,185,013	147
Healthcare	9.6%	$425,537,157	60
Consumer Cyclical	9.0%	$398,920,834	56
Communication Services	7.9%	$348,836,603	21
Unclassified	7.5%	$332,065,506	29
Industrials	6.7%	$295,202,930	73
Consumer Defensive	5.2%	$230,688,973	37
Energy	3.1%	$136,201,230	23
Utilities	2.3%	$102,738,290	34
Real Estate	2.0%	$87,357,703	32
Basic Materials	1.5%	$68,115,419	20

Last Quarter's Activity

Export CSV

Mar 31, 2025 vs Dec 31, 2024

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AACT	Kodiak AI, Inc.	+2,809,299	3,133,249	$34,841,729
—		+516,500	1,016,500	$10,388,630
—		+358,196	1,408,939	$15,030,561
SPKLF	Spark I Acquisition Corp	+209,642	362,265	$3,876,236
EURK	Eureka Acquisition Corp	+138,622	523,100	$5,377,468
—		+134,501	408,804	$4,455,964
—		+109,247	165,774	$1,690,895
—		+98,793	250,495	$2,717,871
SIMA	SIM Acquisition Corp. I	+95,983	120,000	$1,226,400
DTSQ	DT Cloud Star Acquisition Corp	+94,420	786,920	$7,987,238
RENE	Cartesian Growth Corp II	+93,152	1,150,952	$13,581,234
MACI	Melar Acquisition Corp. I	+92,793	126,753	$1,296,683
BKHA	Black Hawk Acquisition Corp	+78,925	767,000	$8,076,510
DYNC	Dynamix Corp	+62,167	102,467	$1,019,239
CAPN	Cayson Acquisition Corp	+59,000	704,000	$7,180,800
TAVIR	Tavia Acquisition Corp.	+50,200	150,200	$18,024
UCFI	CN Healthy Food Tech Group Corp.	+45,366	258,398	$2,708,011
RFAI	RF Acquisition Corp II	+41,169	66,939	$694,492
RFAIR	RF Acquisition Corp II	+37,700	143,544	$7,177
—		+28,336	204,004	$2,325,646
—		+24,185	100,000	$6,000
CHAR	Charlton Aria Acquisition Corp	+18,808	725,336	$7,329,520
ABR	Arbor Realty Trust Inc	+17,200	84,200	$989,350
—		+12,500	526,000	$5,680,800
—		+10,795	567,295	$6,183,516
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−363,979	1,960,909	$212,523,317
AFJK	Aimei Health Technology Co., Ltd.	−347,220	550,000	$6,022,500
AAPL	Apple Inc.	−229,823	1,202,814	$267,181,073
HDRN	Hadron Energy, Inc.	−186,614	152,257	$1,549,976
—		−172,529	246,367	$2,956,404
SPY	Spdr S&P 500 ETF Trust	−143,828	377,396	$211,111,548
AMZN	Amazon Com Inc	−131,743	755,217	$143,687,586
MSFT	Microsoft Corp	−109,421	595,237	$223,446,017
T	At&T Inc.	−105,299	574,756	$16,254,099
—		−102,697	627,003	$6,646,232
BAC	Bank Of America Corp	−102,499	530,178	$22,124,327
GOOGL	Alphabet Inc.	−86,737	467,047	$72,224,148
PFE	Pfizer Inc	−83,347	453,755	$11,498,151
GOOG	Alphabet Inc.	−72,544	378,524	$59,136,804
XOM	ExxonMobil Holdings Corp	−68,011	348,544	$41,452,337
AVGO	Broadcom Inc.	−67,349	375,316	$62,839,157
WMT	Walmart Inc.	−64,051	347,345	$30,493,417
INTC	Intel Corp	−62,073	346,702	$7,873,602
VZ	Verizon Communications Inc	−61,907	337,070	$15,289,495
CMCSA	Comcast Corp	−59,785	301,989	$11,143,380
CSCO	Cisco Systems, Inc.	−58,885	318,899	$19,679,257
F	Ford Motor Co	−58,278	311,679	$3,126,140
KO	Coca Cola Co	−57,439	310,014	$22,203,202
WFC	Wells Fargo & Company	−52,218	263,342	$18,905,322
KVACF	Keen Vision Acquisition Corp.	−43,464	972,837	$10,924,959
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
XRT	State Street(R) SPDR(R) S&P(R) Retail ETF	500,000	$34,545,000
QSEAU	Quartzsea Acquisition Corp	856,000	$8,645,600
KFII	K&F Growth Acquisition Corp. II	850,600	$8,471,976
NOEM	CO2 Energy Transition Corp.	768,504	$7,623,559
—		714,800	$7,155,148
—		675,000	$6,696,000
—		625,054	$6,281,793
—		600,000	$6,042,000
RIBB	Ribbon Acquisition Corp.	582,000	$5,808,360
TDAC	Translational Development Acquisition Corp.	575,000	$5,796,000
ASPC	ASPAC III Acquisition Corp.	575,561	$5,790,143
ONEN	ONE Nuclear Energy Inc.	577,959	$5,710,234
UYSCU	UY Scuti Acquisition Corp.	554,945	$5,579,971
DMAA	Drugs Made In America Acquisition Corp.	542,962	$5,440,479
LPBB	Launch Two Acquisition Corp.	521,107	$5,273,602
PGAC	PANTAGES CAPITAL ACQUISITION Corp	517,000	$5,180,340
DASH	DoorDash, Inc.	27,164	$4,964,764
JACS	Jackson Acquisition Co II	335,000	$3,373,450
LPAA	Launch One Acquisition Corp.	275,000	$2,807,750
BACQ	Merlin, Inc.	281,277	$2,798,706
SONY	Sony Group Corp	100,000	$2,539,000
POLE	Andretti Acquisition Corp. II	250,000	$2,532,500
—		245,651	$2,456,510
CEPO	Cantor Equity Partners I, Inc.	239,746	$2,456,197
TAVI	Tavia Acquisition Corp.	223,032	$2,241,471
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		835,289	$9,480,530
—		719,169	$8,306,402
—		640,519	$7,301,917
—		603,771	$6,037,710
—		491,052	$5,426,125
—		443,994	$4,937,213
—		425,056	$4,807,383
WEL	Integrated Wellness Acquisition Corp	376,499	$4,461,513
ASPCU	ASPAC III Acquisition Corp.	441,000	$4,440,870
TLGYF	Tlgy Acquisition Corp	331,939	$3,850,492
TETE	Technology & Telecommunication Acquisition Corp	285,497	$3,468,789
—		294,059	$3,102,322
—		262,477	$3,044,733
—		253,229	$2,519,629
SCIO	First Trust Structured Credit Income Opportunities ETF	70,423	$1,417,262
RANGU	Range Capital Acquisition Corp.	126,451	$1,270,832
TDACU	Translational Development Acquisition Corp.	125,000	$1,252,500
—		102,155	$1,021,550
CAAA	First Trust Exchange-Traded Fund IV	48,226	$972,959
CDAQF	Compass Digital Acquisition Corp.	81,000	$870,750
TFX	Teleflex Inc	4,402	$783,467
CE	Celanese Corp	10,360	$717,015
BWA	Borgwarner Inc	20,728	$658,943
FMC	Fmc Corp	11,832	$575,153
PLMJF	Plum Acquisition Corp. III	50,000	$556,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

612 tracked positions · $4,431,597,973 total · filing declares 664 positions · $4,635,512,133 · as of Mar 31, 2025

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

Showing 1–50 of 612 positions by value · page 1 of 13

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	1,202,814	-229,823	$267,181,073	−25.5%	4	$201.82	6.03%
MSFT	Microsoft Corp Technology	Reduced	595,237	-109,421	$223,446,017	−24.8%	4	$423.47	5.04%
NVDA	Nvidia Corp Technology	Reduced	1,960,909	-363,979	$212,523,317	−31.9%	4	unpriced	4.80%
SPY	Spdr S&P 500 ETF Trust	Reduced	377,396	-144,053	$211,111,548	−30.9%	21+	before history	4.76%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	755,217	-131,743	$143,687,586	−26.2%	4	$190.32	3.24%
META	Meta Platforms, Inc. Communication Services	Reduced	175,345	-31,270	$101,061,844	−16.5%	4	$517.81	2.28%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	146,764	-26,958	$78,163,571	−0.7%	4	$425.41	1.76%
GOOGL	Alphabet Inc. Communication Services	Reduced	467,047	-86,737	$72,224,148	−31.1%	4	$170.58	1.63%
AVGO	Broadcom Inc. Technology	Reduced	375,316	-67,349	$62,839,157	−38.8%	4	$154.40	1.42%
GOOG	Alphabet Inc. Communication Services	Reduced	378,524	-72,544	$59,136,804	−31.2%	4	$172.08	1.33%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	224,065	-40,625	$58,068,685	−45.7%	4	$221.84	1.31%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	223,884	-42,946	$54,918,745	−14.1%	4	$207.05	1.24%
LLY	ELI LILLY & Co Healthcare	Reduced	63,090	-11,588	$52,106,661	−9.6%	4	$808.77	1.18%
V	Visa Inc. Financial Services	Reduced	137,989	-25,796	$48,359,624	−6.6%	4	$283.10	1.09%
XOM	ExxonMobil Holdings Corp Energy	Reduced	348,544	-68,011	$41,452,337	−7.5%	4	$116.62	0.94%
UNH	Unitedhealth Group Inc Healthcare	Reduced	73,687	-13,535	$38,593,566	−12.5%	4	$514.60	0.87%
MA	Mastercard Inc Financial Services	Reduced	65,209	-12,479	$35,742,357	−12.6%	4	$474.90	0.81%
AACT	Kodiak AI, Inc. Technology	Added	3,133,249	+2,809,299	$34,841,729	+885.8%	2	unpriced	0.79%
XRT	State Street(R) SPDR(R) S&P(R) Retail ETF	NEW	500,000	NEW	$34,545,000	NEW	1	$75.52	0.78%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	35,543	-6,450	$33,615,858	−12.6%	4	$826.87	0.76%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	187,752	-35,453	$31,996,695	−14.5%	4	$165.64	0.72%
JNJ	Johnson & Johnson Healthcare	Reduced	192,777	-35,411	$31,970,137	−3.1%	4	$150.70	0.72%
NFLX	Netflix Inc Communication Services	Reduced	34,250	-6,263	$31,939,152	−11.6%	4	$686.71	0.72%
WMT	Walmart Inc. Consumer Defensive	Reduced	347,345	-64,051	$30,493,417	−18.0%	4	$70.48	0.69%
ABBV	AbbVie Inc. Healthcare	Reduced	141,352	-26,133	$29,616,071	−0.5%	4	$171.40	0.67%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	79,538	-14,604	$29,149,881	−20.4%	4	$362.49	0.66%
CVX	Chevron Corp Energy	Reduced	133,820	-24,581	$22,386,747	−2.4%	4	$157.52	0.51%
KO	Coca Cola Co Consumer Defensive	Reduced	310,014	-57,439	$22,203,202	−2.9%	4	$62.97	0.50%
BAC	Bank Of America Corp Financial Services	Reduced	530,178	-102,499	$22,124,327	−20.4%	4	$40.07	0.50%
CRM	Salesforce, Inc. Technology	Reduced	76,627	-13,980	$20,563,621	−32.1%	4	$283.39	0.46%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	124,497	-22,866	$19,761,408	+11.4%	4	$106.74	0.45%
CSCO	Cisco Systems, Inc. Technology	Reduced	318,899	-58,885	$19,679,257	−12.0%	4	$50.45	0.44%
WFC	Wells Fargo & Company Financial Services	Reduced	263,342	-52,218	$18,905,322	−14.7%	4	$61.81	0.43%
ABT	Abbott Laboratories Healthcare	Reduced	138,877	-25,510	$18,422,034	−0.9%	4	$109.02	0.42%
IBM	International Business Machines Corp Technology	Reduced	74,036	-13,599	$18,409,791	−4.4%	4	$189.34	0.42%
MRK	Merck & Co., Inc. Healthcare	Reduced	202,547	-37,205	$18,180,618	−23.8%	4	$120.73	0.41%
ORCL	Oracle Corp Technology	Reduced	129,892	-22,436	$18,160,200	−28.5%	4	$141.27	0.41%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	57,380	-10,539	$17,923,790	−9.0%	4	$275.66	0.40%
LIN	Linde PLC Basic Materials	Reduced	38,126	-7,003	$17,752,990	−6.0%	4	$444.86	0.40%
GE	General Electric Co Industrials	Reduced	85,938	-16,639	$17,200,490	+0.5%	4	unpriced	0.39%
PEP	Pepsico Inc Consumer Defensive	Reduced	109,816	-20,217	$16,465,811	−16.7%	4	$169.83	0.37%
T	At&T Inc. Communication Services	Reduced	574,756	-105,299	$16,254,099	+5.0%	4	$19.01	0.37%
ACN	Accenture plc Technology	Reduced	50,082	-9,140	$15,627,587	−25.0%	4	$323.18	0.35%
VZ	Verizon Communications Inc Communication Services	Reduced	337,070	-61,907	$15,289,495	−4.2%	4	$40.90	0.35%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	30,627	-5,625	$15,239,995	−19.2%	4	$565.57	0.34%
		Added	1,408,939	+358,196	$15,030,561	+36.4%	2	$10.45	0.34%
DIS	Walt Disney Co Communication Services	Reduced	144,749	-26,887	$14,286,726	−25.2%	4	$106.83	0.32%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	28,557	-5,201	$14,143,425	−19.7%	4	$437.34	0.32%
RTX	RTX Corp Industrials	Reduced	106,663	-19,487	$14,128,580	−3.2%	4	$108.91	0.32%
PLTR	Palantir Technologies Inc. Technology	Reduced	164,128	-30,148	$13,852,403	−5.7%	3	$39.72	0.31%

Showing the top 50 of 612 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.