Managers / Q1 2025 · view latest →
Mizuho Bank, Ltd.
CIK 0001512734 · 1-5-5, OTEMACHI, CHIYODA-KU, TOKYO, M0, 100-8176 · 81-03-5220-8795
Summary
Mizuho Bank, Ltd. reported $443M in U.S.-listed holdings across 6 positions for Q1 2025.
The portfolio is heavily concentrated: GQ9 alone accounts for 39.0% of reported value.
Compared with Q4 2024, the fund opened 3 new positions and exited 105.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 93.9% · $416M
- Common Stock · 6.1% · $27M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPDR SER TR | NEW | +1.40M | 1.40M | +$92M | $92M |
| WORLD GOLD TR | NEW | +1.10M | 1.10M | +$68M | $68M |
| IAU*ISHARES GOLD TR | NEW | +600.0K | 600.0K | +$35M | $35M |
| XLCSELECT SECTOR SPDR TR | SOLD OUT | −237.0K | 0 | −$23M | $0 |
| XLFSELECT SECTOR SPDR TR | SOLD OUT | −470.0K | 0 | −$23M | $0 |
| SELECT SECTOR SPDR TR | SOLD OUT | −95.0K | 0 | −$22M | $0 |
| AAPLAPPLE INC | SOLD OUT | −2.8K | 0 | −$701,176 | $0 |
| NVDANVIDIA CORPORATION | SOLD OUT | −5.2K | 0 | −$698,308 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 39.03% | $173M | 600.0K |
| 2 | SPDR SER TR | PORTFOLIO S&P500 | 20.79% | $92M | 1.40M |
| 3 | WORLD GOLD TR | SPDR GLD MINIS | 15.37% | $68M | 1.10M |
| 4 | XLUSELECT SECTOR SPDR TRhistory → | SBI INT-UTILS | 10.68% | $47M | 600.0K |
| 5 | IAU*ISHARES GOLD TRhistory → | ISHARES NEW | 7.99% | $35M | 600.0K |
| 6 | CMECME GROUP INChistory → | COM | 6.14% | $27M | 102.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $369M | 4 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $840M | 6 | Feb 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $901M | 9 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $1.0B | 7 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $443M | 6 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $358M | 108 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $507M | 69 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $421M | 105 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $967M | 6 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $847M | 7 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $1.0B | 8 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $1.0B | 8 | Aug 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $864M | 8 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $654M | 7 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $609M | 7 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $654M | 7 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $738M | 7 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $862M | 6 | Feb 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $997M | 8 | Nov 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $754M | 5 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $621M | 7 | May 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $925M | 7 | Feb 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $523M | 5 | Nov 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | Under review | 3 | Aug 27, 2020 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2020 | $120.5B | 3 | May 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $180.1B | 6 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | Under review | 7 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $822M | 9 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $1.1B | 10 | May 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $1.8B | 18 | Feb 13, 2019 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 3 additional managers.
- Mizuho Securities USA LLC028-14335
- Mizuho Markets Cayman LP028-19904
- Mizuho Markets Americas LLC028-20530
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.