13F filer · CIK 1481045 ↗
Daiwa Securities Group Inc.
You are looking at Q4 2024. See the latest, Q3 2026 →
Reported value
$22.39B
+3.4% on the quarter before
Positions
1,281
86 new · 83 sold out
Top 10
31.5%
of the value
Est. gain
−$55.6M
on stocks held all quarter
Est. return
−0.3%
on those stocks since Q3 2024
Positions as of Dec 31, 2024, 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, 53% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2024. Striped tiles are options.
Largest buys
Since Q3 2024, 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.
- American Tower~$169.2MAdded · 0.2% → 0.9%+922,701 shares
- Apple~$115.1MAdded · 3.7% → 4.3%+459,563 shares
- Microsoft~$114.3MAdded · 3.5% → 3.8%+271,241 shares
- Nvidia~$112.3MAdded · 3.3% → 4.0%+836,389 shares
- Eastgroup Pptys Inc~$77.0MAdded · 0.2% → 0.5%+479,873 shares
- Amazon~$75.7MAdded · 2.3% → 3.0%+345,186 shares
- Weyerhaeuser Co Mtn Be~$75.6MAdded · 0.3% → 0.6%+2,685,634 shares
- Meta~$58.5MAdded · 2.0% → 2.3%+99,908 shares
- Alphabet~$58.0MAdded · 1.7% → 2.1%+306,625 shares
- Lamar Advertising Co New~$57.3MAdded · 0.3% → 0.5%+470,805 shares
Largest sells
Since Q3 2024, 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.
- Ishares Tr~$125.9MCut · 1.0% → 0.4%−213,845 shares
- Digital Realty~$105.7MCut · 3.6% → 3.4%−595,877 shares
- Simon Ppty Group Inc New~$91.2MCut · 2.7% → 2.3%−529,765 shares
- Crown Castle Inc~$90.1MCut · 1.7% → 0.9%−993,197 shares
- Kimco Rlty Corp~$62.3MCut · 1.3% → 1.0%−2,661,079 shares
- Welltower Inc~$57.9MCut · 4.0% → 3.5%−459,753 shares
- Rexford Indl Rlty Inc~$52.6MCut · 0.3% → 0.0%−1,361,589 shares
- Equinix~$52.5MCut · 2.3% → 2.2%−55,724 shares
- Camden Ppty Tr~$42.6MCut · 0.2% → 0.0%−366,715 shares
- Realty Income Corp~$38.7MCut · 1.3% → 0.9%−725,456 shares
Holdings
As of Dec 31, 2024. Changes are in shares against Sep 30, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares +14% · price +7.5% | 4.3% | $965.1M | +$59.1M | ||||||||
| NvidiaCOM · shares +14% · price +10.6% | 4.0% | $892.4M | +$74.7M | ||||||||
| MicrosoftCOM · shares +15% · price −2.0% | 3.8% | $861.1M | −$15.6M | ||||||||
| Welltower IncCOM · shares −6.9% · price −1.6% | 3.5% | $786.3M | −$12.5M | ||||||||
| Digital RealtyCOM · shares −12% · price +9.6% | 3.4% | $753.2M | +$65.8M | ||||||||
| AmazonCOM · shares +13% · price +17.7% | 3.0% | $672.4M | +$89.9M | ||||||||
| PrologisCOM · shares +1.5% · price −16.3% | 2.8% | $619.5M | −$118.9M | ||||||||
| MetaCL A · shares +13% · price +2.3% | 2.3% | $507.9M | +$10.0M | ||||||||
| Simon Ppty Group Inc NewCOM · shares −15% · price +1.9% | 2.3% | $507.4M | +$9.4M | ||||||||
| BroadcomCOM · shares +1.1% · price +34.4% | 2.2% | $491.8M | +$124.6M | ||||||||
| EquinixCOM · shares −9.8% · price +6.2% | 2.2% | $485.4M | +$28.4M | ||||||||
| AlphabetCAP STK CL A · shares +14% · price +14.1% | 2.1% | $465.8M | +$50.5M | ||||||||
| Global X FdsCONSCIOUS COS · shares −1.7% · price −0.1% | 2.0% | $456.3M | −$583,668 | ||||||||
| Invitation Homes IncCOM · shares −0.5% · price −9.3% | 1.7% | $373.7M | −$38.5M | ||||||||
| NetflixCOM · shares +9.0% · price +25.7% | 1.6% | $367.4M | +$68.8M | ||||||||
| Vici Pptys IncCOM · shares −2.0% · price −12.3% | 1.5% | $343.2M | −$48.2M | ||||||||
| Public Storage Oper CoCOM · shares −2.0% · price −17.7% | 1.5% | $326.8M | −$70.3M | ||||||||
| Extra Space Storage IncCOM · shares +5.3% · price −17.0% | 1.4% | $318.2M | −$61.8M | ||||||||
| ServiceNowCOM · shares +19% · price +18.5% | 1.4% | $310.4M | +$40.7M | ||||||||
| Iron MountainCOM · shares −5.7% · price −11.5% | 1.4% | $309.8M | −$40.4M | ||||||||
| Udr IncCOM · shares −1.6% · price −4.3% | 1.4% | $303.8M | −$13.5M | ||||||||
| Sun Cmntys IncCOM · shares +23% · price −9.0% | 1.3% | $288.2M | −$23.2M | ||||||||
| CrowdStrikeCL A · shares +10% · price +22.0% | 1.3% | $285.2M | +$46.6M | ||||||||
| Host Hotels & Resorts IncCOM · shares +17% · price −0.5% | 1.2% | $278.6M | −$1.1M | ||||||||
| Kimco Rlty CorpCOM · shares −22% · price +0.9% | 0.98% | $219.4M | +$2.0M | ||||||||
| Total · 1,281 positions | 100% | $22.39B | −$55.6M |
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 Q3 2024 to Q4 2024: 1,184 stocks held throughout, down $55.6M (−0.3%).
- Broadcom+$124.6M+34%
- Amazon+$89.9M+18%
- Nvidia+$74.7M+11%
- Tesla+$69.6M+54%
- Netflix+$68.8M+26%
- Vici Pptys Inc−$48.2M−12%
- Crown Castle Inc−$60.6M−23%
- Extra Space Storage Inc−$61.8M−17%
- Public Storage Oper Co−$70.3M−18%
- Prologis−$118.9M−16%
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 ↗ |