# Hikari Tsushin, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1423673. Source: https://holderbook.com/funds/1423673-hikari-tsushin-inc/

- Reported value: $1.5B
- Positions: 76
- Weight of the ten largest: 84.3%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $844.0M | 1,127 | 56.0% | 30 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $189.0M | 528,907 | 12.5% | 30 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $50.6M | 2,483,848 | 3.4% | 11 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $35.2M | 102,555 | 2.3% | 30 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $27.7M | 109,067 | 1.8% | 30 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $27.4M | 343,165 | 1.8% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $25.5M | 101,443 | 1.7% | 22 |
| FIRST TR EXCHANGE-TRADED FD | [FTSL](https://holderbook.com/stocks/FTSL/) | $25.5M | 570,196 | 1.7% | 11 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $25.2M | 36,709 | 1.7% | 30 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $19.4M | 114,729 | 1.3% | 25 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $18.0M | 36,013 | 1.2% | 18 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $16.8M | 233,617 | 1.1% | 5 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $15.1M | 93,406 | 1.0% | 30 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $14.8M | 29,045 | 1.0% | 19 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $14.4M | 31,689 | 1.0% | 30 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $13.2M | 25,500 | 0.9% | 14 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $12.3M | 64,712 | 0.8% | 30 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $11.3M | 144,952 | 0.8% | 30 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $9.9M | 119,021 | 0.7% | 18 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $7.4M | 30,529 | 0.5% | 17 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $7.1M | 51,986 | 0.5% | 24 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $6.9M | 32,200 | 0.5% | 30 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $6.1M | 16,246 | 0.4% | 30 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $6.0M | 15,185 | 0.4% | 30 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $5.6M | 20,144 | 0.4% | 30 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $4.7M | 14,035 | 0.3% | 30 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $4.7M | 81,141 | 0.3% | 20 |
| JACOBS SOLUTIONS INC | [J](https://holderbook.com/stocks/J/) | $4.5M | 35,985 | 0.3% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.7M | 9,794 | 0.2% | 17 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $3.2M | 54,954 | 0.2% | 9 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $3.0M | 49,400 | 0.2% | 30 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.0M | 20,525 | 0.2% | 30 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $2.8M | 65,646 | 0.2% | 15 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.8M | 30,604 | 0.2% | 30 |
| SOLVENTUM CORP | [SOLV](https://holderbook.com/stocks/SOLV/) | $2.7M | 35,220 | 0.2% | 9 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $2.4M | 13,562 | 0.2% | 9 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.3M | 10,400 | 0.2% | 30 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $2.1M | 6,967 | 0.1% | 20 |
| HENRY JACK & ASSOC INC | [JKHY](https://holderbook.com/stocks/JKHY/) | $2.0M | 14,382 | 0.1% | 30 |
| VERALTO CORP | [VLTO](https://holderbook.com/stocks/VLTO/) | $1.9M | 21,546 | 0.1% | 11 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $1.8M | 6,358 | 0.1% | 17 |
| RALLIANT CORP | [RAL](https://holderbook.com/stocks/RAL/) | $1.6M | 21,075 | 0.1% | 5 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $1.5M | 5,901 | 0.1% | 16 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $1.4M | 1,060 | 0.1% | 15 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.3M | 1,400 | 0.1% | 30 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $1.2M | 20,898 | 0.1% | 30 |
| VONTIER CORPORATION | [VNT](https://holderbook.com/stocks/VNT/) | $1.1M | 39,267 | 0.1% | 22 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.1M | 8,812 | 0.1% | 22 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $1.1M | 23,512 | 0.1% | 30 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $939.8K | 15,745 | 0.1% | 10 |
| AMENTUM HOLDINGS INC | [AMTM](https://holderbook.com/stocks/AMTM/) | $938.5K | 45,403 | 0.1% | 8 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $930.5K | 6,149 | 0.1% | 3 |
| TRIMBLE INC | [TRMB](https://holderbook.com/stocks/TRMB/) | $907.3K | 17,728 | 0.1% | 15 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $878.5K | 10,631 | 0.1% | 30 |
| AGILENT TECHNOLOGIES INC | [A](https://holderbook.com/stocks/A/) | $850.5K | 6,403 | 0.1% | 11 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $847.3K | 2,300 | 0.1% | 3 |
| INVESCO EXCHANGE TRADED FD T | [CSD](https://holderbook.com/stocks/CSD/) | $734.2K | 4,903 | 0.0% | 10 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $696.1K | 2,942 | 0.0% | 5 |
| WOODSIDE ENERGY GROUP LTD | [WDS](https://holderbook.com/stocks/WDS/) | $683.6K | 35,381 | 0.0% | 17 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $679.9K | 10,800 | 0.0% | 30 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $673.3K | 4,298 | 0.0% | 3 |
| METTLER TOLEDO INTERNATIONAL | [MTD](https://holderbook.com/stocks/MTD/) | $615.8K | 482 | 0.0% | 6 |
| LEVI STRAUSS & CO NEW | [LEVI](https://holderbook.com/stocks/LEVI/) | $608.3K | 24,500 | 0.0% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $570.5K | 4,931 | 0.0% | 10 |
| ABRDN PLATINUM ETF TRUST | [PPLT](https://holderbook.com/stocks/PPLT/) | $560.1K | 39,640 | 0.0% | 5 |
| ALLISON TRANSMISSION HLDGS I | [ALSN](https://holderbook.com/stocks/ALSN/) | $281.9K | 2,500 | 0.0% | 11 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $261.1K | 1,373 | 0.0% | 18 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $258.2K | 2,000 | 0.0% | 11 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $222.4K | 302 | 0.0% | 8 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $157.1K | 687 | 0.0% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $151.7K | 365 | 0.0% | 3 |
| ROYALTY PHARMA PLC | [RPRX](https://holderbook.com/stocks/RPRX/) | $124.5K | 2,220 | 0.0% | 17 |
| TRINET GROUP INC | [TNET](https://holderbook.com/stocks/TNET/) | $94.0K | 1,900 | 0.0% | 4 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $84.4K | 233 | 0.0% | 4 |
| UNITED GUARDIAN INC | [UG](https://holderbook.com/stocks/UG/) | $67.8K | 9,500 | 0.0% | 4 |
| ORGANON & CO | [OGN](https://holderbook.com/stocks/OGN/) | $8.1K | 599 | 0.0% | 17 |

## 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 | +5.3% | +14.8% | -9.5% | 100% |
| Q1 2026 | -4.3% | -4.6% | +0.3% | 100% |
| Q4 2025 | +3.3% | +2.4% | +1.0% | 100% |
| Q3 2025 | +5.8% | +7.8% | -2.0% | 100% |
| Q2 2025 | -4.2% | +10.5% | -14.6% | 100% |
| Q1 2025 | +9.4% | -4.6% | +14.0% | 100% |
| Q4 2024 | -0.9% | +2.1% | -3.1% | 100% |
| Q3 2024 | +9.0% | +5.4% | +3.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.5B | 76 |
| Q1 2026 | $1.5B | 78 |
| Q4 2025 | $1.5B | 80 |
| Q3 2025 | $1.5B | 77 |
| Q2 2025 | $1.4B | 76 |
| Q1 2025 | $1.5B | 71 |
| Q4 2024 | $1.4B | 71 |
| Q3 2024 | $1.4B | 71 |
| Q2 2024 | $1.3B | 69 |
| Q1 2024 | $1.3B | 65 |
| Q4 2023 | $1.1B | 62 |
| Q3 2023 | $1.0B | 58 |