13F filer · CIK 1481045 ↗
Daiwa Securities Group Inc.
You are looking at Q2 2026. See the latest, Q3 2026 →
Reported value
$51.14B
+47% on the quarter before
Positions
1,194
121 new · 103 sold out
Top 10
39.5%
of the value
Est. gain
+$4.82B
on stocks held all quarter
Est. return
+15.0%
on those stocks since Q1 2026
Positions as of Jun 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, 57% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2026. Striped tiles are options.
Largest buys
Since Q1 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~$1.20BAdded · 6.7% → 7.6%+6,002,623 shares
- Microsoft~$1.12BAdded · 6.4% → 6.6%+3,004,554 shares
- MicrosoftPUT~$893.9MAdded · 0.1% → 3.5%+2,396,300 underlying
- NvidiaPUT~$635.8MAdded · 0.0% → 2.6%+3,177,500 underlying
- Novanta IncPUT~$347.5MNew · 0.0% → 0.7%+2,142,000 underlying
- Sandisk~$297.0MAdded · 0.0% → 0.7%+130,629 shares
- IntelPUT~$279.3MNew · 0.0% → 0.5%+2,000,000 underlying
- Netflix~$278.2MAdded · 2.4% → 1.7%+3,896,236 shares
- Intel~$264.9MAdded · 0.2% → 1.0%+1,897,080 shares
- Apple~$264.7MAdded · 5.3% → 4.6%+914,935 shares
Largest sells
Since Q1 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.
- Micron~$763.2MCut · 1.8% → 2.8%−661,224 shares
- UnitedHealth Group~$375.6MCut · 0.9% → 0.2%−903,803 shares
- AlphabetPUT~$203.7MCut · 0.0% → 0.9%−570,000 underlying
- Ventas~$181.2MCut · 1.3% → 0.6%−2,040,099 shares
- Iron Mountain~$157.4MCut · 0.9% → 0.5%−1,245,893 shares
- BroadcomPUT~$141.7MCut · 0.0% → 0.6%−375,000 underlying
- T-Mobile US~$130.1MCut · 0.6% → 0.1%−775,735 shares
- Extra Space Storage~$124.5MCut · 1.1% → 0.6%−856,549 shares
- Alphabet~$115.7MCut · 4.5% → 3.6%−323,665 shares
- Host Hotels & Resorts~$113.3MCut · 0.4% → 0.1%−4,779,354 shares
Holdings
As of Jun 30, 2026. Changes are in shares against Mar 31, 2026, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares +45% · price +14.7% | 7.6% | $3.86B | +$341.9M | ||||||||
| MicrosoftCOM · shares +50% · price +0.8% | 6.6% | $3.37B | +$17.2M | ||||||||
| AppleCOM · shares +13% · price +14.0% | 4.6% | $2.36B | +$257.4M | ||||||||
| AlphabetCAP STK CL A · shares −6.0% · price +24.3% | 3.6% | $1.82B | +$355.9M | ||||||||
| MicrosoftPUTCOM · shares +97% | 3.5% | $1.81B | — | ||||||||
| BroadcomCOM · shares −6.5% · price +22.0% | 3.2% | $1.61B | +$291.1M | ||||||||
| AmazonCOM · shares −3.3% · price +14.4% | 2.9% | $1.48B | +$186.8M | ||||||||
| MicronCOM · shares −35% · price +241.7% | 2.8% | $1.41B | +$998.4M | ||||||||
| NvidiaPUTCOM · shares +93% | 2.6% | $1.32B | — | ||||||||
| MetaCL A · shares +25% · price −1.5% | 2.3% | $1.18B | −$14.7M | ||||||||
| AlphabetCAP STK CL C · shares +12% · price +23.2% | 1.8% | $936.9M | +$156.7M | ||||||||
| WelltowerCOM · shares −4.8% · price +14.8% | 1.8% | $925.3M | +$119.3M | ||||||||
| NetflixCOM · shares +46% · price −25.7% | 1.7% | $888.7M | −$211.6M | ||||||||
| PalantirCL A · shares +18% · price −20.2% | 1.7% | $856.4M | −$184.1M | ||||||||
| Digital RealtyCOM · shares +1.8% · price −0.3% | 1.5% | $757.5M | −$2.6M | ||||||||
| PrologisCOM · shares −6.1% · price +2.5% | 1.2% | $619.9M | +$15.1M | ||||||||
| IntelCOM · shares +99% · price +216.4% | 1.0% | $533.1M | +$183.4M | ||||||||
| Lam ResearchCOM NEW · shares +3.1% · price +102.8% | 1.0% | $520.6M | +$256.1M | ||||||||
| TeslaCOM · shares +74% · price +13.1% | 1.0% | $513.9M | +$34.3M | ||||||||
| AlphabetPUTCAP STK CL C · shares +23% | 0.98% | $501.7M | — | ||||||||
| AlphabetPUTCAP STK CL A · shares −31% | 0.87% | $443.1M | — | ||||||||
| EquinixCOM · shares −6.5% · price +6.3% | 0.84% | $428.5M | +$25.5M | ||||||||
| ApplePUTCOM · shares +58% | 0.83% | $423.9M | — | ||||||||
| Crown CastleCOM · shares +7.3% · price −6.9% | 0.70% | $356.3M | −$24.5M | ||||||||
| Kimco RealtyCOM · shares +2.6% · price +12.8% | 0.68% | $347.6M | +$38.5M | ||||||||
| Total · 1,194 positions | 100% | $51.14B | +$4.82B |
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 2026 to Q2 2026: 1,028 stocks held throughout, up $4.82B (+15.0%).
- Micron+$998.4M+242%
- Alphabet+$355.9M+24%
- Nvidia+$341.9M+15%
- Broadcom+$291.1M+22%
- Apple+$257.4M+14%
- Chevron Corporation−$19.3M−20%
- Crown Castle−$24.5M−7%
- ExxonMobil−$25.6M−19%
- Palantir−$184.1M−20%
- Netflix−$211.6M−26%
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 ↗ |