Returns–Not enough quarters yet
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.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VTIVanguard Total Stock Mkt Etf | $779.6M | 25.6% | −20.2% |
| GLDMSpdr Gold Minishares Trust | $624.9M | 20.5% | +325.3% |
| BNDVanguard Total Bond Market | $508.2M | 16.7% | New |
| EMBIshares Jp Morgan Usd Emergi | $177.2M | 5.8% | −47.4% |
| VWOVanguard Ftse Emerging Marke | $141.5M | 4.7% | −23.0% |
| VEAVanguard Ftse Developed Etf | $135.5M | 4.5% | −56.5% |
| IYRIshares Us Real Estate Etf | $106.0M | 3.5% | New |
| VNQVanguard Real Estate Etf | $83.8M | 2.8% | New |
| HYGIshr Ibx Usd Hiyld Cb Etf-ui | $62.2M | 2.0% | −82.4% |
| NVDANvidia Corp | $17.4M | 0.6% | +1.1% |
| GOOGLAlphabet Inc-cl A | $13.0M | 0.4% | −14.8% |
| MUMicron Technology Inc | $10.2M | 0.3% | −33.8% |
| MSFTMicrosoft Corp | $8.5M | 0.3% | −1.2% |
| AAPLApple Inc | $8.5M | 0.3% | +8.5% |
| XLCSs Comm Select Sector Spdr | $7.9M | 0.3% | +51.2% |
| XLPSs Consumer Staples Sel Sect | $7.9M | 0.3% | New |
| IVVIshares Core S&p 500 Etf | $7.5M | 0.2% | +27.1% |
| ADIAnalog Devices Inc | $7.4M | 0.2% | +19.6% |
| AVGOBroadcom Inc | $7.2M | 0.2% | +3.5% |
| IEMGIshares Core Msci Emerging | $7.0M | 0.2% | +14.3% |
| XLUSs Utilities Select Sector | $6.9M | 0.2% | New |
| SOXXIshares Semiconductor Etf | $6.4M | 0.2% | −60.5% |
| AMZNAmazon.com Inc | $6.3M | 0.2% | −7.7% |
| TSLATesla Inc | $6.1M | 0.2% | −8.3% |
| QCOMQualcomm Inc | $5.8M | 0.2% | +8.1% |
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 |
|---|---|---|---|
| AMDAdvanced Micro Devices | December 31, 2025 | +171.3% | $4.1M |
| SOXXIshares Semiconductor Etf | December 31, 2025 | +112.8% | $6.4M |
| GEVGe Vernova Inc | December 31, 2025 | +79.8% | $5.2M |
| ONOn Semiconductor | December 31, 2025 | +74.6% | $3.8M |
| TSMTaiwan Semiconductor-sp Adr | December 31, 2025 | +57.2% | $5.3M |
| ADIAnalog Devices Inc | December 31, 2025 | +46.4% | $7.4M |
| Eaton Corp PLCCUSIP G29183103 | December 31, 2025 | +33.8% | $5.2M |
| XLKSs Technology Select Sector | December 31, 2025 | +32.3% | $4.9M |
| Nxp Semiconductors NvCUSIP N6596X109 | December 31, 2025 | +29.5% | $4.5M |
| IEMGIshares Core Msci Emerging | December 31, 2025 | +23.2% | $7.0M |
Sold off last quarter
- IWMIshares Russell 2000 Etf was $2.9M
- XLFSs Financial Select Sector was $1.2M
- PODDInsulet Corp was $1.2M
- BMIBadger Meter Inc was $948K
- VRRMVerra Mobility Corp was $764K
- ALRMAlarm.com Holdings Inc was $567K
- PLTRPalantir Technologies Inc-a was $322K
- Honeywell International IncCUSIP 438516106 was $268K
- AMGNAmgen Inc was $227K
- QTWOQ2 Holdings Inc was $186K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +8.9% | +14.8% |
| March 31, 2026 | −3.3% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: SBI Okasan Asset Management Co.Ltd. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1535128&type=13F-HR&dateb=&owner=include&count=40CIK 1535128
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1535128/000153512826000004/Filed July 22, 2026 · accession 0001535128-26-000004