1y return+20.0%S&P 500 +20.9%
3y return+64.5%S&P 500 +68.5%
5y return+59.7%S&P 500 +74.5%
10y return+227.9%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: $328 against $357 in the S&P 500.2
Nomura Asset Management Co LtdS&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 | $4.2B | 9.0% | +5.8% |
| AVGOBroadcom Inc | $2.0B | 4.4% | −6.6% |
| AAPLApple Inc | $2.0B | 4.3% | −2.2% |
| MSFTMicrosoft Corp | $1.4B | 3.1% | −3.5% |
| MUMicron Technology Inc | $1.4B | 3.0% | +20.5% |
| GOOGLAlphabet Inc | $1.3B | 2.7% | +8.3% |
| AMZNAmazon Com Inc | $1.2B | 2.5% | +5.1% |
| AMATApplied Matls Inc | $918.1M | 2.0% | +6.1% |
| GOOGAlphabet Inc | $838.4M | 1.8% | −6.5% |
| METAMeta Platforms Inc | $568.3M | 1.2% | −3.4% |
| TSLATesla Inc | $528.8M | 1.1% | +2.5% |
| AMDAdvanced Micro Devices Inc | $483.2M | 1.0% | +21.1% |
| LLYEli Lilly & Co | $482.8M | 1.0% | +5.8% |
| KLACKla Corp | $470.8M | 1.0% | +665.8% |
| JPMJpmorgan Chase & Co | $420.2M | 0.9% | +4.5% |
| ALABAstera Labs Inc | $411.7M | 0.9% | +89.1% |
| CATCaterpillar Inc | $384.9M | 0.8% | |
| MAMastercard Incorporated | $372.8M | 0.8% | +5.9% |
| CSCOCisco Sys Inc | $363.5M | 0.8% | −15.7% |
| WELLWelltower Inc | $324.3M | 0.7% | +4.6% |
| JNJJohnson & Johnson | $320.3M | 0.7% | |
| TERTeradyne Inc | $290.4M | 0.6% | +87.5% |
| INTCIntel Corp | $279.3M | 0.6% | +3.2% |
| QCOMQualcomm Inc | $278.9M | 0.6% | +238.5% |
| WMTWalmart Inc | $278.6M | 0.6% | +2.1% |
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% | $4.2B |
| WDCWestern Digital Corp | June 30, 2020 | +1346.7% | $227.9M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $2.0B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $918.1M |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $483.2M |
| Seagate Technology Hldngs PlCUSIP G7997R103 | June 30, 2021 | +997.4% | $186.0M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $384.9M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $482.8M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $271.4M |
| TERTeradyne Inc | June 30, 2020 | +472.5% | $290.4M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $135.6M
- CTRACoterra Energy Inc was $53.5M
- Dupont De Nemours IncCUSIP 26614N102 was $21.1M
- Carnival CorpCUSIP 143658300 was $10.2M
- Ascendis Pharma A/sCUSIP 04351P101 was $9.9M
- Hologic IncCUSIP 436440101 was $7.0M
- FXEInvesco Currencyshares Euro was $6.1M
- INODInnodata Inc was $4.7M
- ASHRDbx Etf Tr was $3.8M
- Veris Residential IncCUSIP 554489104 was $2.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.0% | +14.8% |
| March 31, 2026 | −3.5% | −4.6% |
| December 31, 2025 | +2.3% | +2.4% |
| September 30, 2025 | +7.6% | +7.8% |
| June 30, 2025 | +10.7% | +10.5% |
| March 31, 2025 | −5.0% | −4.6% |
| December 31, 2024 | +1.5% | +2.1% |
| September 30, 2024 | +5.3% | +5.4% |
| June 30, 2024 | +3.3% | +4.0% |
| March 31, 2024 | +9.7% | +10.0% |
| December 31, 2023 | +11.8% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +8.2% | +8.3% |
| March 31, 2023 | +7.1% | +7.0% |
| December 31, 2022 | +6.7% | +7.1% |
| September 30, 2022 | −5.8% | −5.3% |
| June 30, 2022 | −16.6% | −16.5% |
| March 31, 2022 | −6.8% | −4.9% |
| December 31, 2021 | +8.7% | +10.7% |
| September 30, 2021 | −1.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Nomura Asset Management Co Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1055964&type=13F-HR&dateb=&owner=include&count=40CIK 1055964
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1055964/000114036126032680/Filed August 13, 2026 · accession 0001140361-26-032680