# FUKOKU MUTUAL LIFE INSURANCE Co

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1033324. Source: https://holderbook.com/funds/1033324-fukoku-mutual-life-insurance-co/

- Reported value: $1.7B
- Positions: 256
- Weight of the ten largest: 41.6%
- Filed: 2026-07-24

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $226.6M | 599,883 | 13.2% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $70.5M | 600,335 | 4.1% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $70.3M | 351,526 | 4.1% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $57.5M | 447,246 | 3.3% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $56.2M | 690,975 | 3.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $51.9M | 158,696 | 3.0% | 31 |
| ISHARES TR | [IDV](https://holderbook.com/stocks/IDV/) | $51.0M | 1,232,000 | 3.0% | 31 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $44.3M | 615,521 | 2.6% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $43.5M | 116,648 | 2.5% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $43.1M | 171,442 | 2.5% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $39.5M | 450,469 | 2.3% | 31 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $37.6M | 444,935 | 2.2% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $36.2M | 75,769 | 2.1% | 3 |
| GLOBAL X FDS | [DIV](https://holderbook.com/stocks/DIV/) | $35.7M | 1,873,000 | 2.1% | 13 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $34.8M | 617,000 | 2.0% | 5 |
| FIRST TR EXCHANGE TRADED FD | [FGD](https://holderbook.com/stocks/FGD/) | $34.0M | 1,063,000 | 2.0% | 14 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $32.9M | 240,766 | 1.9% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $32.9M | 129,663 | 1.9% | 31 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $32.8M | 340,000 | 1.9% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $32.2M | 114,682 | 1.9% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $30.9M | 244,404 | 1.8% | 31 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $30.8M | 509,566 | 1.8% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $30.1M | 163,044 | 1.8% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $29.6M | 99,165 | 1.7% | 31 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $29.1M | 955,500 | 1.7% | 31 |
| GLOBAL X FDS | [PFFD](https://holderbook.com/stocks/PFFD/) | $29.0M | 1,551,000 | 1.7% | 22 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $28.3M | 104,670 | 1.6% | 31 |
| BLACKROCK ETF TRUST | [BALI](https://holderbook.com/stocks/BALI/) | $24.9M | 737,000 | 1.5% | 2 |
| FIRST TR EXCH TRADED FD III | [FPEI](https://holderbook.com/stocks/FPEI/) | $24.3M | 1,259,000 | 1.4% | 12 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $21.9M | 228,779 | 1.3% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $21.7M | 63,128 | 1.3% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $19.9M | 145,620 | 1.2% | 31 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $17.9M | 741,336 | 1.0% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $17.5M | 412,720 | 1.0% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $16.9M | 133,913 | 1.0% | 31 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $16.5M | 222,012 | 1.0% | 8 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $16.5M | 153,000 | 1.0% | 24 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $16.3M | 785,318 | 0.9% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $15.4M | 109,683 | 0.9% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $14.8M | 51,262 | 0.9% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $14.2M | 85,766 | 0.8% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $13.7M | 38,196 | 0.8% | 31 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $10.2M | 46,327 | 0.6% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $8.4M | 35,426 | 0.5% | 31 |
| GLOBAL X FDS | [XYLD](https://holderbook.com/stocks/XYLD/) | $7.3M | 178,000 | 0.4% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $6.5M | 5,671 | 0.4% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $5.6M | 29,200 | 0.3% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $4.8M | 11,357 | 0.3% | 14 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.5M | 7,911 | 0.3% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $4.3M | 10,134 | 0.2% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $4.1M | 3,390 | 0.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.8M | 10,885 | 0.2% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $3.8M | 6,590 | 0.2% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $3.7M | 60,000 | 0.2% | 1 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $3.5M | 10,000 | 0.2% | 12 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.6M | 2,410 | 0.1% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.3M | 2,289 | 0.1% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.2M | 3,030 | 0.1% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $2.1M | 8,356 | 0.1% | 10 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.0M | 3,987 | 0.1% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.9M | 13,589 | 0.1% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.9M | 16,715 | 0.1% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.9M | 1,993 | 0.1% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.7M | 3,974 | 0.1% | 7 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $1.7M | 31,500 | 0.1% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.5M | 2,947 | 0.1% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.5M | 1,251 | 0.1% | 9 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $1.4M | 1,975 | 0.1% | 23 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.4M | 4,563 | 0.1% | 21 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.3M | 23,519 | 0.1% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $1.3M | 2,575 | 0.1% | 14 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $1.3M | 11,164 | 0.1% | 21 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.2M | 3,123 | 0.1% | 20 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.2M | 2,774 | 0.1% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.1M | 3,800 | 0.1% | 14 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.1M | 7,790 | 0.1% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.1M | 15,471 | 0.1% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.1M | 3,229 | 0.1% | 31 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.1M | 6,700 | 0.1% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.0M | 2,934 | 0.1% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $924.7K | 4,874 | 0.1% | 25 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $877.9K | 2,339 | 0.1% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $870.8K | 1,753 | 0.1% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $861.0K | 5,954 | 0.1% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $838.7K | 4,636 | 0.0% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $768.7K | 5,245 | 0.0% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $760.5K | 5,020 | 0.0% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $758.2K | 4,300 | 0.0% | 18 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $755.6K | 1,900 | 0.0% | 31 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $748.0K | 2,873 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $740.9K | 4,000 | 0.0% | 1 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $706.7K | 735 | 0.0% | 7 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $692.1K | 8,375 | 0.0% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $681.1K | 955 | 0.0% | 6 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $676.7K | 3,237 | 0.0% | 31 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $638.5K | 1,907 | 0.0% | 5 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $615.9K | 807 | 0.0% | 1 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $607.7K | 583 | 0.0% | 13 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $600.7K | 1,223 | 0.0% | 8 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $600.6K | 1,198 | 0.0% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.7% | +14.8% | -6.1% | 100% |
| Q1 2026 | +0.3% | -4.6% | +4.9% | 100% |
| Q4 2025 | +2.0% | +2.4% | -0.4% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +10.2% | +10.5% | -0.2% | 100% |
| Q1 2025 | -1.8% | -4.6% | +2.8% | 100% |
| Q4 2024 | +1.1% | +2.1% | -1.1% | 100% |
| Q3 2024 | +7.3% | +5.4% | +1.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.7B | 256 |
| Q1 2026 | $1.5B | 235 |
| Q4 2025 | $1.5B | 246 |
| Q3 2025 | $1.6B | 261 |
| Q2 2025 | $1.6B | 264 |
| Q1 2025 | $1.4B | 267 |
| Q4 2024 | $1.4B | 266 |
| Q3 2024 | $1.4B | 275 |
| Q2 2024 | $1.3B | 268 |
| Q1 2024 | $1.3B | 274 |
| Q4 2023 | $1.2B | 281 |
| Q3 2023 | $1.1B | 278 |