1y return+13.1%S&P 500 +20.9%
3y return+47.6%S&P 500 +68.5%
5y return+39.7%S&P 500 +74.5%
10y return+90.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $190 against $357 in the S&P 500.2
Daiwa Securities Group Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $3.9B | 8.8% | +45.1% |
| MSFTMicrosoft Corp | $3.4B | 7.6% | +49.9% |
| AAPLApple Inc | $2.4B | 5.3% | +12.6% |
| GOOGLAlphabet Inc | $1.8B | 4.1% | −6.0% |
| AVGOBroadcom Inc | $1.6B | 3.7% | −6.5% |
| AMZNAmazon Com Inc | $1.5B | 3.4% | −3.3% |
| MUMicron Technology Inc | $1.4B | 3.2% | −35.1% |
| METAMeta Platforms Inc | $1.2B | 2.7% | +25.4% |
| GOOGAlphabet Inc | $936.9M | 2.1% | +12.5% |
| WELLWelltower Inc | $925.3M | 2.1% | −4.8% |
| NFLXNetflix Inc | $888.7M | 2.0% | +45.6% |
| PLTRPalantir Technologies Inc | $856.4M | 1.9% | +18.1% |
| DLRDigital Rlty Tr Inc | $757.5M | 1.7% | +1.8% |
| PLDPrologis Inc | $619.9M | 1.4% | −6.1% |
| INTCIntel Corp | $533.1M | 1.2% | +98.8% |
| LRCXLam Research Corp | $520.6M | 1.2% | +3.1% |
| TSLATesla Inc | $513.9M | 1.2% | +74.0% |
| EQIXEquinix Inc | $428.5M | 1.0% | −6.5% |
| CCICrown Castle Inc | $356.3M | 0.8% | +7.3% |
| KIMKimco Realty Corp | $347.6M | 0.8% | +2.6% |
| SPGSimon Ppty Group Inc New | $337.4M | 0.8% | −4.4% |
| SNDKSandisk Corp | $334.0M | 0.8% | +802.4% |
| AMDAdvanced Micro Devices Inc | $318.6M | 0.7% | +6.0% |
| EXRExtra Space Storage Inc | $300.9M | 0.7% | −29.3% |
| VTRVentas Inc | $296.8M | 0.7% | −37.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $3.9B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $1.6B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $318.6M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $206.7M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $520.6M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $1.8B |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $936.9M |
| IRMIron Mtn Inc Del | June 30, 2020 | +383.9% | $235.1M |
| PLTRPalantir Technologies Inc | June 30, 2021 | +342.6% | $856.4M |
| WELLWelltower Inc | June 30, 2020 | +338.6% | $925.3M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $56.7M
- MIRMirion Technologies Inc was $22.6M
- FOURShift4 Pmts Inc was $7.2M
- Oracle CorpCUSIP 68389X204 was $6.9M
- Carnival CorpCUSIP 143658300 was $5.0M
- CTRACoterra Energy Inc was $4.6M
- Thomson Reuters CorpCUSIP 884903808 was $3.8M
- Dupont De Nemours IncCUSIP 26614N102 was $3.2M
- WPMWheaton Precious Metals Corp was $3.0M
- Hologic IncCUSIP 436440101 was $2.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.3% | +14.8% |
| March 31, 2026 | −3.9% | −4.6% |
| December 31, 2025 | −0.1% | +2.4% |
| September 30, 2025 | +5.8% | +7.8% |
| June 30, 2025 | +10.1% | +10.5% |
| March 31, 2025 | −3.7% | −4.6% |
| December 31, 2024 | −0.5% | +2.1% |
| September 30, 2024 | +9.3% | +5.4% |
| June 30, 2024 | +2.7% | +4.0% |
| March 31, 2024 | +4.1% | +10.0% |
| December 31, 2023 | +13.4% | +11.2% |
| September 30, 2023 | −6.6% | −3.6% |
| June 30, 2023 | +5.2% | +8.3% |
| March 31, 2023 | +5.0% | +7.0% |
| December 31, 2022 | +4.7% | +7.1% |
| September 30, 2022 | −8.5% | −5.3% |
| June 30, 2022 | −15.9% | −16.5% |
| March 31, 2022 | −5.5% | −4.9% |
| December 31, 2021 | +12.5% | +10.7% |
| September 30, 2021 | −0.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Daiwa Securities Group Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1481045&type=13F-HR&dateb=&owner=include&count=40CIK 1481045
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1481045/000148104526000011/Filed July 31, 2026 · accession 0001481045-26-000011