13F filer · CIK 1481045 ↗
Daiwa Securities Group Inc.
You are looking at Q3 2022. See the latest, Q3 2026 →
Reported value
$12.04B
−8.0% on the quarter before
Positions
1,403
50 new · 68 sold out
Top 10
34.8%
of the value
Est. gain
−$966.9M
on stocks held all quarter
Est. return
−8.9%
on those stocks since Q2 2022
Positions as of Sep 30, 2022, 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, 59% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2022. Striped tiles are options.
Largest buys
Since Q2 2022, 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.
- First Indl Rlty Tr~$152.0MAdded · 0.0% → 1.3%+3,392,628 shares
- Rexford Indl Rlty~$131.0MAdded · 0.0% → 1.1%+2,519,876 shares
- Healthcare Rlty Tr Cl~$124.2MNew · 0.0% → 1.0%+5,954,594 shares
- Digital Realty~$106.6MAdded · 2.8% → 3.2%+1,074,835 shares
- Welltower~$95.5MAdded · 4.5% → 4.6%+1,485,253 shares
- Tesla~$71.1MAdded · 0.6% → 0.9%+268,155 shares
- Camden Ppty Tr~$71.0MAdded · 1.4% → 1.9%+594,675 shares
- Mid-Amer Apt Cmntys~$47.8MAdded · 1.9% → 2.2%+308,043 shares
- Cousins Pptys~$45.5MAdded · 0.6% → 0.9%+1,948,186 shares
- Simon Ppty Group Inc~$29.9MAdded · 3.2% → 3.5%+333,220 shares
Largest sells
Since Q2 2022, 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.
- Duke Realty~$199.8MCut · 4.4% → 2.6%−4,145,994 shares
- Prologis~$137.3MCut · 4.5% → 3.1%−1,351,618 shares
- Healthcare Tr Amer Inc~$123.3MSold out · 0.9% → 0.0%−4,416,319 shares
- Healthpeak Properties~$98.9MCut · 1.8% → 0.9%−4,314,816 shares
- Equinix~$48.6MCut · 2.8% → 2.2%−85,387 shares
- Extra Space Storage~$47.8MCut · 2.6% → 2.4%−276,766 shares
- Gen Digital~$41.9MSold out · 0.3% → 0.0%−38,604,000 shares
- Public~$31.6MCut · 4.7% → 4.5%−107,752 shares
- Essex Ppty Tr~$29.3MCut · 1.0% → 0.8%−121,079 shares
- Host Hotels & Resorts~$27.4MCut · 1.3% → 1.2%−1,725,083 shares
Holdings
As of Sep 30, 2022. Changes are in shares against Jun 30, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| WelltowerCOM · shares +21% · price −21.9% | 4.6% | $550.8M | −$127.6M | ||||||||
| PublicCOM · shares −5.5% · price −6.4% | 4.5% | $539.7M | −$36.6M | ||||||||
| Invitation HomesCOM · shares −1.7% · price −5.1% | 4.0% | $483.5M | −$25.9M | ||||||||
| Realty IncomeCOM · shares −0.6% · price −14.7% | 3.6% | $438.6M | −$75.8M | ||||||||
| Simon Ppty Group IncCOM · shares +7.6% · price −5.4% | 3.5% | $421.3M | −$22.5M | ||||||||
| Global X FdsCONSCIOUS COS · shares −1.6% · price −4.5% | 3.3% | $392.1M | −$18.7M | ||||||||
| Digital RealtyCOM · shares +38% · price −23.6% | 3.2% | $388.7M | −$87.2M | ||||||||
| PrologisCOM · shares −27% · price −13.6% | 3.1% | $370.2M | −$58.5M | ||||||||
| Duke RealtyCOM NEW · shares −39% · price −12.3% | 2.6% | $310.1M | −$43.4M | ||||||||
| UdrCOM · shares −1.2% · price −9.4% | 2.5% | $297.6M | −$30.9M | ||||||||
| Extra Space StorageCOM · shares −14% · price +1.5% | 2.4% | $294.5M | +$4.4M | ||||||||
| Mid-Amer Apt CmntysCOM · shares +22% · price −11.2% | 2.2% | $266.5M | −$27.7M | ||||||||
| EquinixCOM · shares −15% · price −13.4% | 2.2% | $265.4M | −$41.1M | ||||||||
| Sun CmntysCOM · shares +5.0% · price −15.1% | 2.0% | $242.2M | −$41.0M | ||||||||
| AppleCOM · shares +6.4% · price +1.1% | 2.0% | $241.8M | — | ||||||||
| Camden Ppty TrSH BEN INT · shares +45% · price −11.2% | 1.9% | $228.8M | −$19.9M | ||||||||
| MicrosoftCOM · shares +2.3% · price −9.3% | 1.8% | $220.2M | −$22.1M | ||||||||
| Kimco RltyCOM · shares +5.6% · price −6.9% | 1.8% | $212.5M | −$14.9M | ||||||||
| Americold Realty TrustCOM · shares −3.1% · price −18.1% | 1.7% | $200.5M | −$44.3M | ||||||||
| First Indl Rlty TrCOM · shares +7,824% · price −5.6% | 1.3% | $154.0M | −$115,901 | ||||||||
| Host Hotels & ResortsCOM · shares −16% · price +1.3% | 1.2% | $146.5M | +$1.8M | ||||||||
| Rexford Indl RltyCOM · shares +4,599% · price −9.7% | 1.1% | $133.9M | −$306,658 | ||||||||
| Healthcare Rlty Tr ClCOM · shares New | 1.0% | $124.2M | — | ||||||||
| Apartment Income ReitCOM · shares −1.5% · price −7.2% | 0.99% | $119.5M | −$9.2M | ||||||||
| AmazonCOM · shares +2.4% · price +6.4% | 0.99% | $118.7M | +$7.0M | ||||||||
| Total · 1,403 positions | 100% | $12.04B | −$966.9M |
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 2022 to Q3 2022: 1,185 stocks held throughout, down $966.9M (−8.9%).
- Netflix+$8.7M+35%
- Amazon+$7.0M+6%
- Extra Space Storage+$4.4M+2%
- onsemi+$3.1M+24%
- Enphase Energy+$2.8M+42%
- Americold Realty Trust−$44.3M−18%
- Prologis−$58.5M−14%
- Realty Income−$75.8M−15%
- Digital Realty−$87.2M−24%
- Welltower−$127.6M−22%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 4 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 ↗ |