13F filer · CIK 1481045 ↗
Daiwa Securities Group Inc.
You are looking at Q2 2020. See the latest, Q3 2026 →
Reported value
$4.74B
−51% on the quarter before
Positions
1,205
30 new · 36 sold out
Top 10
49.5%
of the value
Est. gain
−$4.62B
on stocks held all quarter
Est. return
−54.2%
on those stocks since Q1 2020
Positions as of Jun 30, 2020, 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, 65% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2020. Striped tiles are options.
Largest buys
Since Q1 2020, 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.
- Palo Alto Networks~$23.7MAdded · 0.0% → 0.6%+22,000,000 shares
- Akamai~$12.5MNew · 0.0% → 0.3%+10,000,000 shares
- Realpage Inc~$12.1MAdded · 0.1% → 0.6%+7,500,000 shares
- Danaher Corporation~$6.3MNew · 0.0% → 0.1%+5,000 shares
- Fortive Corp~$5.9MNew · 0.0% → 0.1%+6,000,000 shares
- Osi Systems Inc~$3.3MNew · 0.0% → 0.1%+3,500,000 shares
- Boeing~$3.2MAdded · 0.1% → 0.2%+36,526 shares
- Coupa Software~$3.0MNew · 0.0% → 0.1%+10,700 shares
- Splunk~$2.5MAdded · 0.0% → 0.1%+14,300 shares
- Workday~$2.4MAdded · 0.3% → 0.7%+1,716,000 shares
Largest sells
Since Q1 2020, 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.
- Cypress Semiconductor Corp~$18.6MSold out · 0.2% → 0.0%−10,777,000 shares
- Berkshire Hathaway Inc Del~$11.1MSold out · 0.1% → 0.0%−60,717 shares
- Priceline Grp Inc~$11.1MSold out · 0.1% → 0.0%−10,000,000 shares
- Kbr Inc~$10.7MCut · 0.1% → 0.1%−9,500,000 shares
- J2 Global Inc~$7.1MCut · 0.2% → 0.2%−6,500,000 shares
- Guidewire Software~$6.4MCut · 0.1% → 0.1%−5,500,000 shares
- Nuvasive Inc~$5.7MSold out · 0.1% → 0.0%−5,500,000 shares
- Opko Health Inc~$5.4MSold out · 0.1% → 0.0%−8,000,000 shares
- Amazon~$5.3MCut · 0.7% → 1.3%−2,670 shares
- Alibaba~$5.2MCut · 0.4% → 0.6%−26,624 shares
Holdings
As of Jun 30, 2020. Changes are in shares against Mar 31, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| PrologisCOM · shares 0% · price −2.9% | 10.6% | $502.2M | −$15.2M | ||||||||
| PublicCOM · shares 0% · price −17.7% | 7.8% | $370.4M | −$79.5M | ||||||||
| Digital RealtyCOM · shares 0% · price −17.2% | 7.1% | $335.9M | −$69.6M | ||||||||
| Essex Ppty TrCOM · shares 0% · price −1.1% | 6.9% | $326.9M | −$3.6M | ||||||||
| Kilroy RltyCOM · shares 0% · price −0.7% | 3.8% | $179.2M | −$1.2M | ||||||||
| Apartment Invt & MgmtCL A · shares 0% · price −0.6% | 3.6% | $169.6M | −$1.1M | ||||||||
| Healthpeak PropertiesCOM · shares 0% · price −2.4% | 2.6% | $123.1M | −$3.0M | ||||||||
| Global X FdsCONSCIOUS COS · shares −0.6% · price +0.0% | 2.6% | $121.3M | — | ||||||||
| Realty IncomeCOM · shares 0% · price +4.4% | 2.3% | $110.4M | +$4.6M | ||||||||
| Cousins PptysCOM NEW · shares 0% · price −0.8% | 2.3% | $106.9M | −$831,000 | ||||||||
| VentasCOM · shares 0% · price −2.6% | 2.0% | $97.1M | −$2.6M | ||||||||
| National Retail PropertiesCOM · shares 0% · price −7.1% | 2.0% | $94.2M | −$7.2M | ||||||||
| WorkdayNOTE 1.500% 7/1 · shares 0% · price +39.8% | 1.9% | $90.6M | — | ||||||||
| Lamar Advertising CoCL A · shares 0% · price 0.0% | 1.8% | $85.4M | $0.00 | ||||||||
| AmazonCOM · shares −7.8% · price +1.1% | 1.3% | $62.1M | — | ||||||||
| Site CentersCOM · shares 0% · price −2.9% | 1.2% | $55.1M | −$1.7M | ||||||||
| WorkdayNOTE 0.250%10/0 · shares +7.4% · price +24.2% | 0.73% | $34.5M | — | ||||||||
| AlphabetCAP STK CL C · shares 0% · price −15.4% | 0.67% | $31.9M | −$5.8M | ||||||||
| AlibabaLTD SPONSORED ADS · shares −15% · price +0.6% | 0.61% | $29.1M | — | ||||||||
| Palo Alto NetworksNOTE 0.750% 7/0 · shares +489% · price +12.1% | 0.60% | $28.5M | — | ||||||||
| Realpage IncNOTE 1.500%11/1 · shares +75% · price +18.2% | 0.60% | $28.2M | — | ||||||||
| AlphabetCL A · shares −4.4% · price +4.8% | 0.58% | $27.3M | — | ||||||||
| Unitedhealth GroupCOM · shares 0% · price −0.7% | 0.57% | $27.0M | −$192,000 | ||||||||
| MetaCL A · shares −6.9% · price −1.9% | 0.57% | $26.8M | — | ||||||||
| Four Corners Ppty TrCOM · shares 0% · price +47.9% | 0.56% | $26.6M | +$8.6M | ||||||||
| Total · 1,205 positions | 100% | $4.74B | −$4.62B |
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 Q1 2020 to Q2 2020: 1,107 stocks held throughout, down $4.62B (−54.2%).
- Howmet Aerospace+$8.7M+924%
- Four Corners Ppty Tr+$8.6M+48%
- Lam Research+$7.2M+230%
- Morgan Stanley+$6.9M+325%
- Nextera Energy+$6.4M+70%
- Extra Space Storage−$310.6M−99%
- Duke Realty−$331.7M−99%
- Welltower−$364.1M−99%
- Udr−$431.5M−99%
- Equinix−$590.5M−97%
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 ↗ |