# MIZUHO SECURITIES USA LLC

> Institutional holdings reported to the SEC as of Q1 2025 on Form 13F. CIK 1513006. Source: https://holderbook.com/funds/1513006-mizuho-securities-usa-llc/

- Reported value: $4.6B
- Positions: 663
- Weight of the ten largest: 30.9%
- Filed: 2025-05-12

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $267.2M | 1,202,814 | 5.8% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $223.4M | 595,237 | 4.8% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $212.5M | 1,960,909 | 4.6% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $211.0M | 377,396 | 4.6% | 26 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $143.7M | 755,217 | 3.1% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $101.1M | 175,345 | 2.2% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $78.2M | 146,764 | 1.7% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $72.2M | 467,047 | 1.6% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $62.8M | 375,316 | 1.4% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $59.1M | 378,524 | 1.3% | 4 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $58.1M | 224,065 | 1.3% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $54.9M | 223,884 | 1.2% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $52.1M | 63,090 | 1.1% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $48.4M | 137,989 | 1.0% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $41.5M | 348,544 | 0.9% | 4 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $38.6M | 73,687 | 0.8% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $35.7M | 65,209 | 0.8% | 4 |
| ARES ACQUISITION CORP II | [AACT](https://holderbook.com/stocks/AACT/) | $34.8M | 3,133,249 | 0.8% | 2 |
| SPDR SERIES TRUST | [XRT](https://holderbook.com/stocks/XRT/) | $34.5M | 500,000 | 0.7% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $33.6M | 35,543 | 0.7% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $32.0M | 187,752 | 0.7% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $32.0M | 192,777 | 0.7% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $31.9M | 34,250 | 0.7% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $30.5M | 347,345 | 0.7% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $29.6M | 141,352 | 0.6% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $29.1M | 79,538 | 0.6% | 4 |
| EVERGY INC | - | $23.4M | 20,000,000 | 0.5% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $22.4M | 133,820 | 0.5% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $22.2M | 310,014 | 0.5% | 4 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $22.1M | 530,178 | 0.5% | 4 |
| CLOUDFLARE INC | - | $21.2M | 21,324,000 | 0.5% | 9 |
| ABRDN FDS | [AFSC](https://holderbook.com/stocks/AFSC/) | $20.8M | 775,000 | 0.4% | 1 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $20.6M | 76,627 | 0.4% | 4 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $19.8M | 124,497 | 0.4% | 4 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $19.7M | 318,899 | 0.4% | 4 |
| SOUTHERN CO | - | $19.5M | 17,500,000 | 0.4% | 2 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $18.9M | 263,342 | 0.4% | 4 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $18.4M | 138,877 | 0.4% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $18.4M | 74,036 | 0.4% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $18.2M | 202,547 | 0.4% | 4 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $18.2M | 129,892 | 0.4% | 4 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $17.9M | 57,380 | 0.4% | 4 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $17.8M | 38,126 | 0.4% | 4 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $17.2M | 85,938 | 0.4% | 4 |
| DATADOG INC | - | $17.1M | 15,450,000 | 0.4% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $16.5M | 109,816 | 0.4% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $16.3M | 574,756 | 0.4% | 4 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $15.6M | 50,082 | 0.3% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $15.3M | 337,070 | 0.3% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $15.2M | 30,627 | 0.3% | 4 |
| AGRICULTURE & NAT SOL ACQ CO | [ANSC](https://holderbook.com/stocks/ANSC/) | $14.9M | 1,408,939 | 0.3% | 2 |
| CENTERPOINT ENERGY INC | - | $14.8M | 13,700,000 | 0.3% | 3 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $14.3M | 144,749 | 0.3% | 4 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $14.1M | 28,557 | 0.3% | 4 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $14.1M | 106,663 | 0.3% | 4 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $13.9M | 164,128 | 0.3% | 3 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $13.8M | 22,413 | 0.3% | 4 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $13.6M | 24,985 | 0.3% | 4 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $13.6M | 88,557 | 0.3% | 4 |
| CARTESIAN GROWTH CORP II | [RENEF](https://holderbook.com/stocks/RENEF/) | $13.6M | 1,150,952 | 0.3% | 6 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $13.4M | 43,014 | 0.3% | 4 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $13.4M | 34,855 | 0.3% | 4 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $13.3M | 129,751 | 0.3% | 4 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $13.3M | 46,906 | 0.3% | 4 |
| ON SEMICONDUCTOR CORP | - | $13.3M | 12,714,000 | 0.3% | 5 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $13.1M | 16,494 | 0.3% | 4 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $13.1M | 72,890 | 0.3% | 4 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $12.8M | 25,222 | 0.3% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $12.6M | 38,268 | 0.3% | 4 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $12.2M | 2,650 | 0.3% | 4 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $12.2M | 167,267 | 0.3% | 4 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $12.0M | 44,439 | 0.3% | 4 |
| SEAGATE HDD CAYMAN | - | $12.0M | 10,000,000 | 0.3% | 3 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $11.9M | 118,009 | 0.3% | 4 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $11.7M | 164,656 | 0.3% | 4 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $11.6M | 99,078 | 0.2% | 4 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $11.5M | 453,755 | 0.2% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $11.4M | 48,385 | 0.2% | 4 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $11.2M | 99,788 | 0.2% | 4 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $11.1M | 301,989 | 0.2% | 4 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $11.0M | 11,657 | 0.2% | 2 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $11.0M | 52,065 | 0.2% | 4 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $11.0M | 90,011 | 0.2% | 4 |
| KEEN VISION ACQUISITION CORP | [KVAC](https://holderbook.com/stocks/KVAC/) | $10.9M | 972,837 | 0.2% | 5 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $10.7M | 102,158 | 0.2% | 4 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $10.7M | 136,448 | 0.2% | 4 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $10.7M | 150,299 | 0.2% | 4 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $10.5M | 45,211 | 0.2% | 4 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $10.5M | 51,245 | 0.2% | 4 |
| NORTHERN OIL & GAS INC | - | $10.4M | 9,960,000 | 0.2% | 6 |
| AA MISSION ACQUISITION CORP | [AAM](https://holderbook.com/stocks/AAM/) | $10.4M | 1,016,500 | 0.2% | 3 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $10.2M | 60,058 | 0.2% | 4 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $10.2M | 38,396 | 0.2% | 4 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $10.2M | 27,498 | 0.2% | 4 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $10.1M | 45,553 | 0.2% | 4 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $10.0M | 20,561 | 0.2% | 4 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $10.0M | 32,578 | 0.2% | 4 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $9.9M | 162,487 | 0.2% | 4 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $9.6M | 39,325 | 0.2% | 4 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $9.5M | 20,281 | 0.2% | 4 |

## 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 |
|---|---|---|---|---|
| Q1 2025 | -4.3% | -4.6% | +0.3% | 96% |
| Q3 2024 | +5.4% | +5.4% | -0.0% | 94% |
| Q2 2024 | +3.9% | +4.0% | -0.1% | 94% |
| Q1 2024 | +9.2% | +10.0% | -0.8% | 93% |
| Q4 2023 | +10.1% | +11.2% | -1.1% | 90% |
| Q3 2023 | -2.8% | -3.6% | +0.8% | 92% |
| Q2 2023 | +6.7% | +8.3% | -1.5% | 82% |
| Q1 2023 | +5.2% | +7.0% | -1.8% | 68% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2025 | $4.6B | 663 |
| Q4 2024 | $5.5B | 619 |
| Q3 2024 | $9.3B | 624 |
| Q2 2024 | $4.5B | 620 |
| Q1 2024 | $4.1B | 140 |
| Q4 2023 | $4.3B | 193 |
| Q3 2023 | $3.3B | 222 |
| Q2 2023 | $3.0B | 189 |
| Q1 2023 | $1.7B | 179 |
| Q4 2022 | $1.1B | 180 |
| Q3 2022 | $736.2M | 221 |
| Q2 2022 | $651.3M | 132 |