PPSC Investment Service Corp
CIK
1964389
Location
TOKYO, M0
Portfolio Value
Small
$735,719,734
Diversification
Highly concentrated
Filing Date
Global Rank
#2,097
/ 8,603
▲ 128
· as of Mar 2026
3Y Alpha vs SPY
+2.3%
Period ended 3 months ago
Filed Apr 23, 2026 · 3mo
14 quarters · since Dec 2022
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
+84.7%
SPY
+76.0%
Annualised alpha
+2.0%
Max drawdown
−14.7%
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
5 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
45.7%
+5.5 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
3,447
Highly concentrated+200
Portfolio Trend
14 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 100.0% | $735,719,734 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
4 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IBIT | iShares Bitcoin Trust ETF | +94,000 | 566,000 | $21,745,720 | |
| GLD | Spdr Gold Trust | +70,775 | 781,981 | $336,478,604 | |
| ETHA | iShares Ethereum Trust ETF | +34,000 | 154,000 | $2,437,820 | |
| SPY | Spdr S&P 500 ETF Trust | +4,955 | 343,140 | $223,157,667 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| QQQ | Invesco Qqq Trust, Series 1 | −1,476 | 263,176 | $151,899,923 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
5 positions ·
$735,719,734 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GLD |
Spdr Gold Trust
|
Added | 781,981 | $336,478,604 | 45.73% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 343,140 | $223,157,667 | 30.33% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 263,176 | $151,899,923 | 20.65% | |
| IBIT |
iShares Bitcoin Trust ETF
|
Added | 566,000 | $21,745,720 | 2.96% | |
| ETHA |
iShares Ethereum Trust ETF
|
Added | 154,000 | $2,437,820 | 0.33% |