# Money Design Co.,Ltd.

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1721608. Source: https://holderbook.com/funds/1721608-money-design-co-ltd/

- Reported value: $2.1B
- Positions: 72
- Weight of the ten largest: 64.3%
- Filed: 2025-07-31

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $244.8M | 1,384,981 | 11.4% | 27 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $242.9M | 554,153 | 11.3% | 3 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $170.9M | 1,558,854 | 8.0% | 13 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $132.4M | 1,708,025 | 6.2% | 27 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $130.6M | 1,390,916 | 6.1% | 27 |
| ISHARES GOLD TRUST | [IAUXXXX](https://holderbook.com/stocks/IAUXXXX/) | $114.6M | 1,837,740 | 5.4% | 27 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $93.8M | 1,063,172 | 4.4% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $86.9M | 1,757,212 | 4.1% | 27 |
| SPDR SERIES TRUST | [JNKXXXX](https://holderbook.com/stocks/JNKXXXX/) | $86.6M | 3,399,510 | 4.0% | 27 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $73.6M | 1,251,534 | 3.4% | 11 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $66.8M | 1,266,732 | 3.1% | 20 |
| SSGA ACTIVE ETF TR | [SRLN](https://holderbook.com/stocks/SRLN/) | $62.5M | 1,503,826 | 2.9% | 27 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $52.4M | 553,275 | 2.4% | 27 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $46.0M | 418,089 | 2.1% | 27 |
| WISDOMTREE TR | [EPI](https://holderbook.com/stocks/EPI/) | $35.8M | 753,862 | 1.7% | 4 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $31.9M | 334,266 | 1.5% | 21 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $30.1M | 918,258 | 1.4% | 27 |
| ISHARES TR | [IGF](https://holderbook.com/stocks/IGF/) | $30.0M | 505,980 | 1.4% | 27 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $28.1M | 1,097,073 | 1.3% | 27 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $28.0M | 676,601 | 1.3% | 27 |
| DBX ETF TR | [SNPE](https://holderbook.com/stocks/SNPE/) | $23.5M | 425,847 | 1.1% | 2 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $19.7M | 376,481 | 0.9% | 27 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $19.7M | 220,715 | 0.9% | 15 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $16.9M | 133,471 | 0.8% | 19 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $16.7M | 331,306 | 0.8% | 27 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $16.3M | 417,101 | 0.8% | 14 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $15.8M | 210,342 | 0.7% | 27 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $13.4M | 290,049 | 0.6% | 27 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $13.3M | 98,591 | 0.6% | 15 |
| SPDR INDEX SHS FDS | [FEZ](https://holderbook.com/stocks/FEZ/) | $12.4M | 208,020 | 0.6% | 16 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $12.3M | 939,247 | 0.6% | 22 |
| ISHARES TR | [REET](https://holderbook.com/stocks/REET/) | $12.2M | 492,368 | 0.6% | 18 |
| ISHARES TR | [IXC](https://holderbook.com/stocks/IXC/) | $12.1M | 306,833 | 0.6% | 23 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $11.4M | 134,354 | 0.5% | 23 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $11.3M | 18,161 | 0.5% | 16 |
| ABRDN PLATINUM ETF TRUST | [PPLT](https://holderbook.com/stocks/PPLT/) | $11.3M | 91,600 | 0.5% | 18 |
| ISHARES TR | [IXP](https://holderbook.com/stocks/IXP/) | $10.3M | 92,136 | 0.5% | 25 |
| NUSHARES ETF TR | [NULV](https://holderbook.com/stocks/NULV/) | $8.4M | 201,098 | 0.4% | 16 |
| VANECK ETF TRUST | [MOO](https://holderbook.com/stocks/MOO/) | $6.6M | 90,243 | 0.3% | 18 |
| ISHARES TR | [IXJ](https://holderbook.com/stocks/IXJ/) | $5.8M | 67,069 | 0.3% | 25 |
| ISHARES TR | [KXI](https://holderbook.com/stocks/KXI/) | $4.7M | 72,081 | 0.2% | 25 |
| FLEXSHARES TR | [NFRA](https://holderbook.com/stocks/NFRA/) | $4.5M | 72,084 | 0.2% | 16 |
| SPDR INDEX SHS FDS | [RWX](https://holderbook.com/stocks/RWX/) | $4.4M | 160,839 | 0.2% | 27 |
| INVESCO EXCH TRADED FD TR II | [PIO](https://holderbook.com/stocks/PIO/) | $4.0M | 89,431 | 0.2% | 15 |
| INVESCO EXCHANGE TRADED FD T | [PHO](https://holderbook.com/stocks/PHO/) | $3.9M | 55,953 | 0.2% | 15 |
| NUSHARES ETF TR | [NULG](https://holderbook.com/stocks/NULG/) | $3.7M | 39,013 | 0.2% | 16 |
| ISHARES INC | [VEGI](https://holderbook.com/stocks/VEGI/) | $3.6M | 88,775 | 0.2% | 12 |
| FLEXSHARES TR | [GUNR](https://holderbook.com/stocks/GUNR/) | $3.6M | 88,981 | 0.2% | 16 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $3.2M | 121,799 | 0.2% | 3 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $3.1M | 103,421 | 0.1% | 20 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $3.0M | 49,964 | 0.1% | 25 |
| INVESCO EXCH TRADED FD TR II | [CGW](https://holderbook.com/stocks/CGW/) | $2.8M | 44,976 | 0.1% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [FAN](https://holderbook.com/stocks/FAN/) | $2.7M | 149,987 | 0.1% | 15 |
| FIRST TR EXCHANGE TRADED FD | [FIW](https://holderbook.com/stocks/FIW/) | $2.7M | 24,784 | 0.1% | 12 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $2.6M | 18,740 | 0.1% | 15 |
| GOLDMAN SACHS ETF TR | [JUST](https://holderbook.com/stocks/JUST/) | $2.6M | 29,617 | 0.1% | 15 |
| ISHARES TR | [IXG](https://holderbook.com/stocks/IXG/) | $2.6M | 23,373 | 0.1% | 7 |
| INVESCO EXCHANGE TRADED FD T | [ERTH](https://holderbook.com/stocks/ERTH/) | $2.6M | 60,847 | 0.1% | 15 |
| VANECK ETF TRUST | [SMOG](https://holderbook.com/stocks/SMOG/) | $2.6M | 23,459 | 0.1% | 15 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $2.6M | 41,122 | 0.1% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [QCLN](https://holderbook.com/stocks/QCLN/) | $2.5M | 77,420 | 0.1% | 15 |
| GLOBAL X FDS | [URA](https://holderbook.com/stocks/URA/) | $2.4M | 60,569 | 0.1% | 12 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $2.3M | 76,887 | 0.1% | 11 |
| SPDR INDEX SHS FDS | [GNR](https://holderbook.com/stocks/GNR/) | $1.8M | 33,051 | 0.1% | 18 |
| NUSHARES ETF TR | [NUDM](https://holderbook.com/stocks/NUDM/) | $1.7M | 49,076 | 0.1% | 15 |
| GLOBAL X FDS | [LIT](https://holderbook.com/stocks/LIT/) | $1.4M | 36,802 | 0.1% | 12 |
| VANECK ETF TRUST | [REMX](https://holderbook.com/stocks/REMX/) | $1.4M | 34,244 | 0.1% | 12 |
| ALPS ETF TR | [ACES](https://holderbook.com/stocks/ACES/) | $1.3M | 50,373 | 0.1% | 15 |
| INVESCO EXCH TRADED FD TR II | [TAN](https://holderbook.com/stocks/TAN/) | $1.2M | 35,023 | 0.1% | 12 |
| ISHARES TR | [SDG](https://holderbook.com/stocks/SDG/) | $1.0M | 13,435 | 0.0% | 15 |
| VANECK ETF TRUST | [EVX](https://holderbook.com/stocks/EVX/) | $206.0K | 5,371 | 0.0% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $65.0K | 797 | 0.0% | 27 |

## 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 2025 | +5.3% | +10.5% | -5.1% | 96% |
| Q1 2025 | +1.9% | -4.6% | +6.4% | 96% |
| Q4 2024 | -3.5% | +2.1% | -5.7% | 111% |
| Q3 2024 | +9.1% | +5.4% | +3.7% | 94% |
| Q2 2024 | -2.1% | +4.0% | -6.1% | 96% |
| Q1 2024 | +3.3% | +10.0% | -6.8% | 96% |
| Q4 2023 | +7.8% | +11.2% | -3.4% | 96% |
| Q3 2023 | -4.2% | -3.6% | -0.7% | 96% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $2.1B | 72 |
| Q1 2025 | $2.0B | 75 |
| Q4 2024 | $1.9B | 77 |
| Q3 2024 | $2.0B | 76 |
| Q2 2024 | $1.9B | 75 |
| Q1 2024 | $1.8B | 75 |
| Q4 2023 | $1.8B | 78 |
| Q3 2023 | $1.6B | 80 |
| Q2 2023 | $1.7B | 81 |
| Q1 2023 | $1.7B | 83 |
| Q4 2022 | $2.9B | 87 |
| Q3 2022 | $2.6B | 85 |