# Daiwa Securities Group Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1481045. Source: https://holderbook.com/funds/1481045-daiwa-securities-group-inc/

- Reported value: $51.1B
- Positions: 1,131
- Weight of the ten largest: 46.5%
- Filed: 2026-07-31

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.2B | 19,309,616 | 10.1% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.2B | 9,026,988 | 10.1% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.8B | 8,151,914 | 5.4% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.3B | 5,098,187 | 4.4% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.9B | 4,265,539 | 3.8% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5B | 6,213,142 | 2.9% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.4B | 2,651,655 | 2.8% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.4B | 1,222,797 | 2.8% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.2B | 2,086,013 | 2.3% | 31 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $925.3M | 4,076,713 | 1.8% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $888.7M | 12,446,471 | 1.7% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $856.4M | 7,340,143 | 1.7% | 21 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $845.6M | 1,201,405 | 1.7% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $812.3M | 3,817,730 | 1.6% | 31 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $757.5M | 4,218,220 | 1.5% | 31 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $619.9M | 4,575,623 | 1.2% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $608.5M | 1,221,794 | 1.2% | 31 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $595.5M | 146,908 | 1.2% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $457.6M | 1,732,173 | 0.9% | 31 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $428.5M | 411,065 | 0.8% | 31 |
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $385.8M | 4,236,374 | 0.8% | 2 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $368.7M | 1,195,239 | 0.7% | 31 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $356.3M | 4,705,219 | 0.7% | 31 |
| KIMCO REALTY CORP | [KIM](https://holderbook.com/stocks/KIM/) | $347.6M | 13,711,931 | 0.7% | 31 |
| NOVANTA INC | [NOVT](https://holderbook.com/stocks/NOVT/) | $347.5M | 0 | 0.7% | 1 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $337.4M | 1,508,731 | 0.7% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $318.6M | 548,447 | 0.6% | 31 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $300.9M | 2,070,884 | 0.6% | 31 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $296.8M | 3,342,565 | 0.6% | 31 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $293.2M | 921,044 | 0.6% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $272.6M | 364,060 | 0.5% | 31 |
| BXP INC | [BXP](https://holderbook.com/stocks/BXP/) | $271.1M | 4,088,872 | 0.5% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $264.2M | 336,289 | 0.5% | 21 |
| EQUITY LIFESTYLE PROPERTIES | [ELS](https://holderbook.com/stocks/ELS/) | $239.8M | 3,721,394 | 0.5% | 31 |
| ESSEX PPTY TR INC | [ESS](https://holderbook.com/stocks/ESS/) | $238.3M | 817,220 | 0.5% | 31 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $235.1M | 1,861,547 | 0.5% | 31 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $221.3M | 2,921,805 | 0.4% | 31 |
| SUN CMNTYS INC | [SUI](https://holderbook.com/stocks/SUI/) | $217.1M | 1,810,684 | 0.4% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $206.7M | 194,149 | 0.4% | 31 |
| AMERICAN HEALTHCARE REIT INC | [AHR](https://holderbook.com/stocks/AHR/) | $200.4M | 3,841,827 | 0.4% | 10 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $196.1M | 599,047 | 0.4% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $194.2M | 263,775 | 0.4% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $192.2M | 160,225 | 0.4% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $178.1M | 246,380 | 0.3% | 31 |
| EASTGROUP PPTYS INC | [EGP](https://holderbook.com/stocks/EGP/) | $170.6M | 842,272 | 0.3% | 31 |
| HEALTHCARE RLTY TR | [HR](https://holderbook.com/stocks/HR/) | $163.5M | 8,105,312 | 0.3% | 16 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $160.2M | 5,304,200 | 0.3% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $158.3M | 1,397,823 | 0.3% | 31 |
| OMEGA HEALTHCARE INVS INC | [OHI](https://holderbook.com/stocks/OHI/) | $157.5M | 3,303,471 | 0.3% | 31 |
| KILROY REALTY CORP | [KRC](https://holderbook.com/stocks/KRC/) | $155.5M | 4,149,404 | 0.3% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $155.3M | 1,322,297 | 0.3% | 31 |
| ESSENTIAL PPTYS RLTY TR INC | [EPRT](https://holderbook.com/stocks/EPRT/) | $154.9M | 5,189,719 | 0.3% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $148.5M | 432,735 | 0.3% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $147.8M | 295,281 | 0.3% | 24 |
| LAMAR ADVERTISING CO | [LAMR](https://holderbook.com/stocks/LAMR/) | $147.7M | 947,214 | 0.3% | 31 |
| UDR INC | [UDR](https://holderbook.com/stocks/UDR/) | $145.8M | 3,651,175 | 0.3% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $145.3M | 155,318 | 0.3% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $143.0M | 474,099 | 0.3% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $135.0M | 531,504 | 0.3% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $133.0M | 131,510 | 0.3% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $126.3M | 107,530 | 0.2% | 9 |
| CARETRUST REIT INC | [CTRE](https://holderbook.com/stocks/CTRE/) | $125.3M | 3,105,050 | 0.2% | 31 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $114.9M | 468,324 | 0.2% | 23 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $114.6M | 838,110 | 0.2% | 31 |
| ICICI BANK LIMITED | [IBN](https://holderbook.com/stocks/IBN/) | $113.8M | 3,921,121 | 0.2% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $107.9M | 361,836 | 0.2% | 31 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $107.6M | 1,737,074 | 0.2% | 31 |
| RYMAN HOSPITALITY PPTYS INC | [RHP](https://holderbook.com/stocks/RHP/) | $103.4M | 804,234 | 0.2% | 31 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $102.6M | 600,670 | 0.2% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $102.3M | 246,020 | 0.2% | 31 |
| CURBLINE PPTYS CORP | [CURB](https://holderbook.com/stocks/CURB/) | $100.2M | 3,296,366 | 0.2% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $99.6M | 395,802 | 0.2% | 31 |
| AURORA INNOVATION INC | [AUR](https://holderbook.com/stocks/AUR/) | $98.0M | 14,369,599 | 0.2% | 1 |
| CUBESMART | [CUBE](https://holderbook.com/stocks/CUBE/) | $97.4M | 2,449,870 | 0.2% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $96.6M | 188,121 | 0.2% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $92.3M | 261,799 | 0.2% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $90.3M | 249,252 | 0.2% | 31 |
| NNN REIT INC | [NNN](https://holderbook.com/stocks/NNN/) | $89.8M | 1,930,802 | 0.2% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $84.8M | 226,836 | 0.2% | 20 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $82.0M | 158,004 | 0.2% | 14 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $81.5M | 491,882 | 0.2% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $80.2M | 269,142 | 0.2% | 21 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $79.9M | 234,314 | 0.2% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $77.0M | 1,351,579 | 0.2% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $74.4M | 507,378 | 0.1% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $70.8M | 871,120 | 0.1% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $70.7M | 251,572 | 0.1% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $69.8M | 543,300 | 0.1% | 31 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $68.0M | 40,073 | 0.1% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $65.0M | 480,276 | 0.1% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $64.1M | 354,319 | 0.1% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $64.0M | 161,111 | 0.1% | 31 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $63.9M | 66,237 | 0.1% | 21 |
| HOST HOTELS & RESORTS INC | [HST](https://holderbook.com/stocks/HST/) | $63.0M | 2,655,645 | 0.1% | 31 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $62.8M | 98,292 | 0.1% | 31 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $62.5M | 338,461 | 0.1% | 23 |
| HIGHWOODS PPTYS INC | [HIW](https://holderbook.com/stocks/HIW/) | $62.4M | 2,068,305 | 0.1% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $61.4M | 181,407 | 0.1% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $56.3M | 208,269 | 0.1% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $54.6M | 309,775 | 0.1% | 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 | +16.5% | +14.8% | +1.7% | 99% |
| Q1 2026 | -3.9% | -4.6% | +0.7% | 98% |
| Q4 2025 | -0.0% | +2.4% | -2.4% | 99% |
| Q3 2025 | +5.8% | +7.8% | -2.0% | 100% |
| Q2 2025 | +10.1% | +10.5% | -0.3% | 100% |
| Q1 2025 | -3.7% | -4.6% | +0.9% | 99% |
| Q4 2024 | -0.6% | +2.1% | -2.8% | 99% |
| Q3 2024 | +9.2% | +5.4% | +3.8% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $51.1B | 1,131 |
| Q1 2026 | $34.8B | 1,115 |
| Q4 2025 | $31.3B | 1,333 |
| Q3 2025 | $29.6B | 1,329 |
| Q2 2025 | $27.1B | 1,294 |
| Q1 2025 | $23.7B | 1,271 |
| Q4 2024 | $22.4B | 1,278 |
| Q3 2024 | $21.6B | 1,268 |
| Q2 2024 | $18.8B | 1,312 |
| Q1 2024 | $17.7B | 1,311 |
| Q4 2023 | $16.1B | 1,316 |
| Q3 2023 | $14.0B | 1,284 |