Mizuho Securities Co. Ltd.

Broker-Dealer

CIK

1520309

Location

TOKYO, M0

Portfolio Value

Micro $7,679,548

Diversification

Highly concentrated

Filing Date

Global Rank

#8,223 / 8,603 ▲ 95 · as of Mar 2026

Top Industry

Travel Services 64.6%

3Y Alpha vs SPY

-11.9%

Period ended 3 months ago

Filed May 7, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+30.0%

SPY

+76.5%

Annualised alpha

-11.7%

Max drawdown

−38.3%

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

16 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

64.0%

−0.1 pts

Top 5

95.8%

−2.5 pts

Top 10

99.0%

−0.8 pts

HHI

4,613

Highly concentrated−138

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	73.3%	$5,630,394	6
Communication Services	22.4%	$1,722,504	4
Technology	2.5%	$195,553	3
Unclassified	1.0%	$73,172	1
Financial Services	0.5%	$39,972	1
Basic Materials	0.2%	$17,953	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
TCOM	Trip.com Group Ltd	+32,000	98,740	$4,916,264
NVDA	Nvidia Corp	+880	890	$155,216
MSFT	Microsoft Corp	+75	90	$33,315
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
GOOGL	Alphabet Inc.	−38	40	$11,502
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
IAU	Ishares Gold Trust	830	$73,172
MA	Mastercard Inc	80	$39,972
AMZN	Amazon Com Inc	110	$22,909
T	At&T Inc.	780	$22,612
ALB	Albemarle Corp	100	$17,953
META	Meta Platforms, Inc.	25	$14,303
TSLA	Tesla, Inc.	18	$6,691
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
CAT	Caterpillar Inc	90	$51,558
PYPL	PayPal Holdings, Inc.	305	$17,805
ISRG	Intuitive Surgical Inc	13	$7,362
ORCL	Oracle Corp	35	$6,821
PFE	Pfizer Inc	200	$4,980
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

16 positions · $7,679,548 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Financial Services Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TCOM	Trip.com Group Ltd Consumer Cyclical	Added	98,740	+32,000	$4,916,264	+2.4%	64.02%
BILI	Bilibili Inc. Communication Services	Held	74,206	0	$1,674,087	−8.3%	21.80%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	2,750	0	$345,015	−14.4%	4.49%
JD	JD.com, Inc. Consumer Cyclical	Held	9,100	0	$269,087	+3.0%	3.50%
NVDA	Nvidia Corp Technology	Added	890	+880	$155,216	+8222.6%	2.02%
IAU	Ishares Gold Trust	NEW	830	NEW	$73,172	NEW	0.95%
LI	Li Auto Inc. Consumer Cyclical	Held	3,950	0	$70,428	+5.3%	0.92%
MA	Mastercard Inc Financial Services	NEW	80	NEW	$39,972	NEW	0.52%
MSFT	Microsoft Corp Technology	Added	90	+75	$33,315	+359.3%	0.43%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	110	NEW	$22,909	NEW	0.30%
T	At&T Inc. Communication Services	NEW	780	NEW	$22,612	NEW	0.29%
ALB	Albemarle Corp Basic Materials	NEW	100	NEW	$17,953	NEW	0.23%
META	Meta Platforms, Inc. Communication Services	NEW	25	NEW	$14,303	NEW	0.19%
GOOGL	Alphabet Inc. Communication Services	Reduced	40	-38	$11,502	−52.9%	0.15%
UMC	United Microelectronics Corp Technology	Held	782	0	$7,022	+14.3%	0.09%
TSLA	Tesla, Inc. Consumer Cyclical	NEW	18	NEW	$6,691	NEW	0.09%