13F filer · CIK 1481045 ↗
Daiwa Securities Group Inc.
Reported value
$53.60B
+4.8% on the quarter before
Positions
1,173
95 new · 116 sold out
Top 10
42.4%
of the value
Est. gain
+$956.4M
on stocks held all quarter
Est. return
+2.4%
on those stocks since Q2 2026
Positions as of Sep 30, 2026, from Daiwa Securities Group Inc.'s 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 60% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2026. Striped tiles are options.
Largest buys
Since Q2 2026, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Nvidia~$575.4MAdded · 7.6% → 9.3%+2,519,548 shares
- NvidiaPUT~$525.4MAdded · 2.6% → 3.8%+2,300,500 underlying
- MetaPUT~$426.0MNew · 0.0% → 0.8%+587,500 underlying
- Broadcom~$410.0MAdded · 3.2% → 3.6%+1,167,366 shares
- UnitedHealth Group~$373.6MAdded · 0.2% → 0.9%+1,017,747 shares
- UnitedHealth GroupPUT~$367.1MNew · 0.0% → 0.7%+1,000,000 underlying
- Meta~$362.7MAdded · 2.3% → 3.5%+500,178 shares
- Alphabet~$339.3MAdded · 3.6% → 3.9%+986,031 shares
- AmazonPUT~$282.8MNew · 0.0% → 0.5%+1,135,000 underlying
- Oracle~$271.6MAdded · 0.5% → 1.0%+1,978,372 shares
Largest sells
Since Q2 2026, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Microsoft~$1.58BCut · 6.6% → 5.7%−3,074,405 shares
- MicrosoftPUT~$1.43BCut · 3.5% → 2.0%−2,796,300 underlying
- ApplePUT~$484.5MCut · 0.8% → 0.0%−1,455,000 underlying
- Apple~$474.2MCut · 4.6% → 4.2%−1,424,008 shares
- Lam ResearchPUT~$325.0MSold out · 0.6% → 0.0%−750,000 underlying
- SandiskPUT~$261.5MSold out · 0.5% → 0.0%−115,000 underlying
- Lam Research~$243.0MCut · 1.0% → 0.3%−739,703 shares
- Palantir~$207.5MCut · 1.7% → 2.2%−1,109,066 shares
- IRENPUT~$192.1MSold out · 0.4% → 0.0%−4,200,000 underlying
- Crown Castle~$184.6MCut · 0.7% → 0.2%−2,769,744 shares
Holdings
As of Sep 30, 2026. Changes are in shares against Jun 30, 2026, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares +13% · price +14.1% | 9.3% | $4.99B | +$546.3M | ||||||||
| MicrosoftCOM · shares −34% · price +37.5% | 5.7% | $3.05B | +$832.6M | ||||||||
| AppleCOM · shares −17% · price +15.1% | 4.2% | $2.24B | +$293.7M | ||||||||
| AlphabetCAP STK CL A · shares +19% · price −3.7% | 3.9% | $2.09B | −$67.8M | ||||||||
| NvidiaPUTCOM · shares +35% | 3.8% | $2.04B | — | ||||||||
| BroadcomCOM · shares +27% · price −7.0% | 3.6% | $1.91B | −$113.3M | ||||||||
| MetaCL A · shares +24% · price +28.7% | 3.5% | $1.88B | +$337.7M | ||||||||
| AmazonCOM · shares +17% · price +4.5% | 3.4% | $1.81B | +$67.2M | ||||||||
| MicronCOM · shares +19% · price −7.7% | 2.9% | $1.55B | −$109.0M | ||||||||
| PalantirCL A · shares −15% · price +60.3% | 2.2% | $1.17B | +$438.5M | ||||||||
| MicrosoftPUTCOM · shares −58% | 2.0% | $1.06B | — | ||||||||
| NetflixCOM · shares +11% · price −2.5% | 1.8% | $960.1M | −$22.7M | ||||||||
| WelltowerCOM · shares −9.0% · price +1.4% | 1.6% | $853.8M | +$12.1M | ||||||||
| AlphabetCAP STK CL C · shares −8.7% · price −3.6% | 1.5% | $824.6M | −$30.5M | ||||||||
| PrologisCOM · shares +20% · price −4.2% | 1.3% | $713.8M | −$25.8M | ||||||||
| Digital RealtyCOM · shares −9.0% · price −2.3% | 1.3% | $673.5M | −$15.5M | ||||||||
| AlphabetPUTCAP STK CL A · shares +46% | 1.2% | $621.1M | — | ||||||||
| Ishares TrCORE S&P500 ETF · shares +91% · price +2.3% | 0.99% | $532.0M | +$6.2M | ||||||||
| EquinixCOM · shares +28% · price −3.0% | 0.99% | $531.9M | −$12.7M | ||||||||
| AlphabetPUTCAP STK CL C · shares +7.0% | 0.97% | $517.9M | — | ||||||||
| OracleCOM · shares +114% · price −6.3% | 0.95% | $509.5M | −$16.0M | ||||||||
| BroadcomPUTCOM · shares +58% | 0.88% | $472.4M | — | ||||||||
| UnitedHealth GroupCOM · shares +414% · price −11.7% | 0.87% | $463.9M | −$11.9M | ||||||||
| OraclePUTCOM · shares +141% | 0.86% | $460.5M | — | ||||||||
| MetaPUTCL A · shares New | 0.79% | $426.0M | — | ||||||||
| Total · 1,173 positions | 100% | $53.60B | +$956.4M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q2 2026 to Q3 2026: 1,041 stocks held throughout, up $956.4M (+2.4%).
- Microsoft+$832.6M+37%
- Nvidia+$546.3M+14%
- Palantir+$438.5M+60%
- Meta+$337.7M+29%
- Apple+$293.7M+15%
- Applied Materials−$52.1M−29%
- Alphabet−$67.8M−4%
- Tesla−$71.4M−16%
- Micron−$109.0M−8%
- Broadcom−$113.3M−7%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 2 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q3 2026 | Oct 29, 2026 | $53.60B+5% | SEC ↗ |
| Q2 2026 | Jul 31, 2026 | $51.14B+47% | SEC ↗ |
| Q1 2026 | May 13, 2026 | $34.78B+11% | SEC ↗ |
| Q4 2025 | Feb 11, 2026 | $31.30B+6% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $29.63B+9% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $27.09B+15% | SEC ↗ |
| Q1 2025 | May 13, 2025 | $23.65B+6% | SEC ↗ |
| Q4 2024 | Feb 7, 2025 | $22.39B+3% | SEC ↗ |
| Q3 2024 | Nov 12, 2024 | $21.65B+15% | SEC ↗ |
| Q2 2024 | Aug 7, 2024 | $18.80B+6% | SEC ↗ |
| Q1 2024 | May 2, 2024 | $17.72B+10% | SEC ↗ |
| Q4 2023 | Jan 31, 2024 | $16.08B+15% | SEC ↗ |
| Q3 2023 | Nov 1, 2023 | $14.04B−7% | SEC ↗ |
| Q2 2023 | Jul 31, 2023 | $15.12B+5% | SEC ↗ |
| Q1 2023 | May 2, 2023 | $14.38B+10% | SEC ↗ |
| Q4 2022 | Feb 6, 2023 | $13.02B+8% | SEC ↗ |
| Q3 2022 | Nov 2, 2022 | $12.04B−8% | SEC ↗ |
| Q2 2022 | Aug 9, 2022 | $13.09B−18% | SEC ↗ |
| Q1 2022 | Apr 29, 2022 | $15.95B−6% | SEC ↗ |
| Q4 2021 | Feb 3, 2022 | $17.00B+12% | SEC ↗ |
| Q3 2021 | Nov 5, 2021 | $15.21B+2% | SEC ↗ |
| Q2 2021 | Aug 6, 2021 | $14.85B+10% | SEC ↗ |
| Q1 2021 | May 3, 2021 | $13.44B+4% | SEC ↗ |
| Q4 2020 | Feb 4, 2021 | $12.94B+17% | SEC ↗ |
| Q3 2020 | Nov 2, 2020 | $11.04B+133% | SEC ↗ |
| Q2 2020 | Aug 11, 2020 | $4.74B−51% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $9.64B−20% | SEC ↗ |
| Q4 2019 | Jan 31, 2020 | $12.12B+3% | SEC ↗ |
| Q3 2019 | Nov 4, 2019 | $11.80B+4% | SEC ↗ |
| Q2 2019 | Jul 24, 2019 | $11.32B−1% | SEC ↗ |
| Q1 2019 | Apr 26, 2019 | $11.45B+10% | SEC ↗ |
| Q4 2018 | Feb 5, 2019 | $10.42B−13% | SEC ↗ |
| Q3 2018 | Nov 1, 2018 | $11.94B−6% | SEC ↗ |
| Q2 2018 | Jul 30, 2018 | $12.70B+2% | SEC ↗ |
| Q1 2018 | May 2, 2018 | $12.49B−12% | SEC ↗ |
| Q4 2017 | Feb 6, 2018 | $14.14B−3% | SEC ↗ |
| Q3 2017 | Nov 2, 2017 | $14.60B−6% | SEC ↗ |
| Q2 2017 | Jul 28, 2017 | $15.47B−3% | SEC ↗ |
| Q1 2017 | May 2, 2017 | $15.91B+2% | SEC ↗ |
| Q4 2016 | Feb 1, 2017 | $15.59B−7% | SEC ↗ |
| Q3 2016 | Jan 10, 2017 (amended) | $16.75B+0% | SEC ↗ |
| Q2 2016 | Jul 25, 2016 | $16.73B+6% | SEC ↗ |
| Q1 2016 | May 12, 2016 | $15.83B | SEC ↗ |