Fukoku Mutual Life Insurance Co 13F annual report

Fukoku Mutual Life Insurance Co is an investment fund managing more than $1.3 trillion ran by Seiichi Nozaki. There are currently 261 companies in Mr. Nozaki’s portfolio. The largest investments include Broadcom Inc and Microsoft, together worth $202 billion.

Limited to 30 biggest holdings

$1.3 trillion Assets Under Management (AUM)

As of 25th July 2024, Fukoku Mutual Life Insurance Co’s top holding is 81,445 shares of Broadcom Inc currently worth over $131 billion and making up 10.1% of the portfolio value. Relative to the number of outstanding shares of Broadcom Inc, Fukoku Mutual Life Insurance Co owns more than approximately 0.1% of the company. In addition, the fund holds 159,438 shares of Microsoft worth $71.3 billion, whose value grew 4.7% in the past six months. The third-largest holding is Merck Co Inc worth $56.2 billion and the next is Coca-Cola Co worth $44.2 billion, with 694,889 shares owned.

Currently, Fukoku Mutual Life Insurance Co's portfolio is worth at least $1.3 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Fukoku Mutual Life Insurance Co

The Fukoku Mutual Life Insurance Co office and employees reside in Tokyo, Japan. According to the last 13-F report filed with the SEC, Seiichi Nozaki serves as the General Manager at Fukoku Mutual Life Insurance Co.

Recent trades

In the most recent 13F filing, Fukoku Mutual Life Insurance Co revealed that it had opened a new position in CRH Plc and bought 7,704 shares worth $578 million. This means they effectively own approximately 0.1% of the company. CRH Plc makes up 3.8% of the fund's Materials sector allocation and has grown its share price by 43.3% in the past year.

The investment fund also strengthened its position in Microsoft by buying 1,093 additional shares. This makes their stake in Microsoft total 159,438 shares worth $71.3 billion. Microsoft soared 25.7% in the past year.

On the other hand, there are companies that Fukoku Mutual Life Insurance Co is getting rid of from its portfolio. Fukoku Mutual Life Insurance Co closed its position in Pioneer Nat Res Co on 1st August 2024. It sold the previously owned 1,595 shares for $419 million. Seiichi Nozaki also disclosed a decreased stake in Broadcom Inc by approximately 0.1%. This leaves the value of the investment at $131 billion and 81,445 shares.

One of the largest hedge funds

The two most similar investment funds to Fukoku Mutual Life Insurance Co are General Catalyst Management and Hoylecohen. They manage $1.3 trillion and $1.3 trillion respectively.


Seiichi Nozaki investment strategy

Fukoku Mutual Life Insurance Co’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 23.1% of the total portfolio value. The fund focuses on investments in the United States as 65.9% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 67% of the total holdings value. On the other hand, small-cap stocks make up only 1.1% of the portfolio. The average market cap of the portfolio companies is close to $118 billion.

The complete list of Fukoku Mutual Life Insurance Co trades based on 13F SEC filings

These positions were updated on August 1st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Broadcom Inc
0.11%
81,445
$130,762,391,000 10.07%
Microsoft Corporation
0.69%
159,438
$71,260,814,000 5.49%
Merck Co Inc
0.03%
453,735
$56,172,393,000 4.33%
Coca-Cola Co
0.53%
694,889
$44,229,685,000 3.41%
Abbvie Inc
0.18%
244,632
$41,959,281,000 3.23%
Qualcomm, Inc.
0.60%
167,543
$33,371,215,000 2.57%
Jpmorgan Chase Co.
3.50%
163,917
$33,153,852,000 2.55%
NextEra Energy Inc
2.23%
457,679
$32,408,250,000 2.50%
MetLife, Inc.
0.15%
448,252
$31,462,808,000 2.42%
Ishares Tr
No change
2,375,500
$120,426,915,000 9.27%
Cisco Sys Inc
No change
601,315
$28,568,476,000 2.20%
Amazon.com Inc.
2.46%
146,895
$28,387,459,000 2.19%
Altria Group Inc.
No change
613,130
$27,928,072,000 2.15%
Chevron Corp.
0.27%
172,219
$26,938,496,000 2.07%
Mcdonalds Corp
0.91%
105,626
$26,917,730,000 2.07%
NVIDIA Corp
929.23%
209,840
$25,923,634,000 2.00%
Verizon Communications Inc
0.03%
626,151
$25,822,467,000 1.99%
Global X Fds
No change
2,394,000
$43,529,670,000 3.35%
Duke Energy Corp.
1.00%
246,356
$24,692,262,000 1.90%
American Elec Pwr Co Inc
0.41%
241,226
$21,165,169,000 1.63%
Pfizer Inc.
No change
751,898
$21,038,106,000 1.62%
Morgan Stanley
No change
210,951
$20,502,328,000 1.58%
Us Bancorp Del
No change
511,623
$20,311,433,000 1.56%
International Business Machs
1.43%
117,310
$20,288,765,000 1.56%
Texas Instrs Inc
No change
99,076
$19,273,254,000 1.48%
Johnson Johnson
1.17%
129,462
$18,922,166,000 1.46%
Exxon Mobil Corp.
5.61%
157,168
$18,093,180,000 1.39%
The Southern Co.
No change
231,387
$17,948,690,000 1.38%
Visa Inc
1.18%
63,400
$16,640,598,000 1.28%
Home Depot, Inc.
1.02%
47,696
$16,418,871,000 1.26%
Att Inc
3.15%
818,115
$15,634,178,000 1.20%
Blackrock Inc.
0.64%
19,354
$15,237,791,000 1.17%
First Tr Exchange Traded Fd
No change
632,000
$14,113,255,000 1.09%
Apple Inc
2.26%
64,940
$13,677,663,000 1.05%
First Tr Exch Traded Fd Iii
No change
620,000
$11,389,400,000 0.88%
Dow Inc
4.71%
213,256
$11,313,231,000 0.87%
Kimberly-Clark Corp.
0.70%
79,802
$11,028,636,000 0.85%
Gilead Sciences, Inc.
No change
134,820
$9,250,000,000 0.71%
Meta Platforms Inc
4.20%
11,110
$5,601,884,000 0.43%
Alphabet Inc
4.83%
52,915
$9,666,616,000 0.74%
Intuit Inc
44.93%
7,539
$4,954,706,000 0.38%
Eli Lilly Co
6.89%
4,268
$3,864,162,000 0.30%
Tesla Inc
27.13%
16,786
$3,321,614,000 0.26%
Unitedhealth Group Inc
5.45%
4,282
$2,180,651,000 0.17%
Berkshire Hathaway Inc.
4.10%
5,353
$2,177,600,000 0.17%
Costco Whsl Corp New
3.40%
2,245
$1,908,228,000 0.15%
Mastercard Incorporated
10.75%
4,068
$1,794,639,000 0.14%
Procter And Gamble Co
8.66%
10,312
$1,700,655,000 0.13%
Arm Holdings Plc
No change
10,000
$1,636,200,000 0.13%
Micron Technology Inc.
79.42%
12,154
$1,598,616,000 0.12%
Bank America Corp
3.81%
38,134
$1,516,589,000 0.12%
Oracle Corp.
61.11%
10,546
$1,489,095,000 0.11%
Salesforce Inc
5.57%
5,084
$1,307,096,000 0.10%
Advanced Micro Devices Inc.
14.62%
7,635
$1,238,473,000 0.10%
Netflix Inc.
1.82%
1,785
$1,204,661,000 0.09%
Walmart Inc
3.20%
16,144
$1,093,110,000 0.08%
Pepsico Inc
7.83%
6,485
$1,069,571,000 0.08%
Eaton Corp Plc
28.54%
3,378
$1,059,172,000 0.08%
Linde Plc.
14.37%
2,294
$1,006,630,000 0.08%
Goldman Sachs Group, Inc.
2.25%
2,169
$981,082,000 0.08%
Adobe Inc
8.83%
1,744
$968,862,000 0.07%
ServiceNow Inc
1.21%
1,226
$964,457,000 0.07%
Intuitive Surgical Inc
1.83%
2,151
$956,872,000 0.07%
Disney Walt Co
1.06%
9,346
$927,964,000 0.07%
Thermo Fisher Scientific Inc.
10.40%
1,619
$895,307,000 0.07%
Vertex Pharmaceuticals, Inc.
8.21%
1,855
$869,476,000 0.07%
Crowdstrike Holdings Inc
5.31%
2,156
$826,158,000 0.06%
Wells Fargo Co New
4.55%
13,590
$807,110,000 0.06%
Regeneron Pharmaceuticals, Inc.
1.32%
749
$787,221,000 0.06%
Danaher Corp.
No change
3,126
$781,031,000 0.06%
Sp Global Inc
No change
1,700
$758,200,000 0.06%
Booking Holdings Inc
15.49%
191
$756,647,000 0.06%
GE Aerospace
No change
4,714
$749,385,000 0.06%
Accenture Plc Ireland
6.58%
2,469
$749,119,000 0.06%
Quanta Svcs Inc
3.28%
2,946
$748,549,000 0.06%
Vertiv Holdings Co
10.53%
8,584
$743,117,000 0.06%
Palo Alto Networks Inc
47.07%
2,187
$741,415,000 0.06%
Applied Matls Inc
9.74%
3,030
$715,050,000 0.06%
Cadence Design System Inc
2.59%
2,256
$694,284,000 0.05%
Arista Networks Inc
2.00%
1,956
$685,539,000 0.05%
T-Mobile US Inc
11.95%
3,874
$682,521,000 0.05%
Tjx Cos Inc New
1.12%
6,175
$679,868,000 0.05%
Caterpillar Inc.
8.18%
1,964
$654,208,000 0.05%
Chipotle Mexican Grill
7,003.45%
10,300
$645,295,000 0.05%
Abbott Labs
12.76%
6,186
$642,787,000 0.05%
CME Group Inc
86.11%
3,242
$637,377,000 0.05%
RTX Corp
5.75%
6,346
$637,075,000 0.05%
Freeport-McMoRan Inc
11.83%
13,105
$636,903,000 0.05%
AMGEN Inc.
No change
2,033
$635,211,000 0.05%
American Express Co.
5.47%
2,640
$611,292,000 0.05%
Mckesson Corporation
1.88%
1,046
$610,906,000 0.05%
Citigroup Inc
1.54%
9,598
$609,089,000 0.05%
CRH Plc
Opened
7,704
$577,646,000 0.04%
Lam Research Corp.
No change
542
$577,149,000 0.04%
Union Pac Corp
5.00%
2,468
$558,410,000 0.04%
Mondelez International Inc.
6.03%
8,415
$550,678,000 0.04%
Conocophillips
No change
4,807
$549,825,000 0.04%
Intel Corp.
No change
17,654
$546,744,000 0.04%
Philip Morris International Inc
11.75%
5,380
$545,155,000 0.04%
Analog Devices Inc.
No change
2,385
$544,400,000 0.04%
Lowes Cos Inc
No change
2,463
$542,993,000 0.04%
Elevance Health Inc
No change
998
$540,776,000 0.04%
Waste Mgmt Inc Del
1.56%
2,518
$537,190,000 0.04%
Amphenol Corp.
119.52%
7,918
$533,436,000 0.04%
Progressive Corp.
7.12%
2,491
$517,406,000 0.04%
Boeing Co.
No change
2,833
$515,634,000 0.04%
Gallagher Arthur J Co
1.98%
1,982
$513,952,000 0.04%
Realty Income Corp.
6.42%
9,703
$512,512,000 0.04%
Prologis Inc
7.01%
4,535
$509,326,000 0.04%
Boston Scientific Corp.
10.58%
6,595
$507,881,000 0.04%
Honeywell International Inc
15.86%
2,339
$499,470,000 0.04%
Schwab Charles Corp
No change
6,721
$495,270,000 0.04%
Blackstone Inc
No change
3,875
$479,725,000 0.04%
Diamondback Energy Inc
2.06%
2,383
$477,053,000 0.04%
Stryker Corp.
No change
1,397
$475,329,000 0.04%
Target Corp
10.89%
3,190
$472,248,000 0.04%
Constellation Brands Inc
8.12%
1,810
$465,677,000 0.04%
American Tower Corp.
No change
2,279
$442,992,000 0.03%
Block Inc
2.14%
6,868
$442,917,000 0.03%
Bank New York Mellon Corp
1.99%
7,370
$441,389,000 0.03%
KLA Corp.
No change
528
$435,341,000 0.03%
Synopsys, Inc.
No change
727
$432,609,000 0.03%
United Parcel Service, Inc.
No change
3,160
$432,446,000 0.03%
Comcast Corp New
28.37%
10,988
$430,290,000 0.03%
Schlumberger Ltd.
14.90%
9,033
$426,177,000 0.03%
Transdigm Group Incorporated
7.44%
332
$424,167,000 0.03%
Starbucks Corp.
No change
5,440
$423,504,000 0.03%
Pioneer Nat Res Co
Closed
1,595
$418,688,000
Marsh Mclennan Cos Inc
13.92%
1,985
$418,279,000 0.03%
Chubb Limited
No change
1,638
$417,821,000 0.03%
MercadoLibre Inc
No change
253
$415,780,000 0.03%
Eog Res Inc
No change
3,296
$414,868,000 0.03%
Cigna Group (The)
8.08%
1,252
$413,874,000 0.03%
Nike, Inc.
6.24%
5,473
$412,500,000 0.03%
Hilton Worldwide Holdings Inc
No change
1,872
$408,470,000 0.03%
Phillips 66
No change
2,880
$406,570,000 0.03%
Deere Co
No change
1,078
$402,773,000 0.03%
Automatic Data Processing In
15.76%
1,684
$401,954,000 0.03%
Equinix Inc
No change
529
$400,241,000 0.03%
United Rentals, Inc.
1.60%
615
$397,739,000 0.03%
Lockheed Martin Corp.
No change
844
$394,232,000 0.03%
Dell Technologies Inc
5.05%
2,820
$388,906,000 0.03%
Colgate-Palmolive Co.
No change
3,976
$385,831,000 0.03%
Marriott Intl Inc New
18.71%
1,595
$385,623,000 0.03%
Fedex Corp
No change
1,260
$377,798,000 0.03%
Northrop Grumman Corp.
No change
860
$374,917,000 0.03%
Medtronic Plc
14.44%
4,735
$372,692,000 0.03%
Constellation Energy Corp
16.74%
1,850
$370,500,000 0.03%
Intercontinental Exchange In
17.78%
2,705
$370,287,000 0.03%
CSX Corp.
5.96%
11,050
$369,623,000 0.03%
Welltower Inc.
15.40%
3,522
$367,169,000 0.03%
Copart, Inc.
No change
6,770
$366,663,000 0.03%
Parker-Hannifin Corp.
9.10%
719
$363,677,000 0.03%
Uber Technologies Inc
Opened
5,000
$363,400,000 0.03%
Zoetis Inc
15.83%
2,084
$361,282,000 0.03%
Cintas Corporation
13.45%
506
$354,332,000 0.03%
Illinois Tool Wks Inc
Closed
1,308
$350,976,000
Oreilly Automotive Inc
No change
331
$349,556,000 0.03%
Emerson Elec Co
No change
3,126
$344,360,000 0.03%
Marathon Pete Corp
5.32%
1,975
$342,623,000 0.03%
General Dynamics Corp.
No change
1,177
$341,495,000 0.03%
Truist Finl Corp
No change
8,675
$337,024,000 0.03%
Sherwin-Williams Co.
No change
1,107
$330,362,000 0.03%
Invitation Homes Inc
No change
9,111
$326,994,000 0.03%
CVS Health Corp
No change
5,507
$325,243,000 0.03%
Palantir Technologies Inc.
No change
12,794
$324,072,000 0.02%
Bristol-Myers Squibb Co.
No change
7,714
$320,362,000 0.02%
Kinder Morgan Inc
6.81%
16,113
$320,165,000 0.02%
Valero Energy Corp.
No change
2,029
$318,066,000 0.02%
Edwards Lifesciences Corp
No change
3,417
$315,628,000 0.02%
Avalonbay Cmntys Inc
0.33%
1,516
$313,645,000 0.02%
Wabtec
10.39%
1,977
$312,465,000 0.02%
PTC Inc
10.44%
1,714
$311,382,000 0.02%
Ameriprise Finl Inc
No change
723
$308,858,000 0.02%
Autodesk Inc.
No change
1,239
$306,591,000 0.02%
Motorola Solutions Inc
No change
794
$306,524,000 0.02%
Lennar Corp.
8.99%
2,036
$305,135,000 0.02%
Marvell Technology Inc
16.01%
4,348
$303,925,000 0.02%
D.R. Horton Inc.
No change
2,156
$303,845,000 0.02%
Firstenergy Corp.
No change
7,930
$303,481,000 0.02%
Carrier Global Corporation
15.58%
4,796
$302,532,000 0.02%
HCA Healthcare Inc
No change
938
$301,361,000 0.02%
Becton Dickinson Co
No change
1,285
$300,317,000 0.02%
Norfolk Southn Corp
No change
1,390
$298,419,000 0.02%
Equity Residential
No change
4,288
$297,330,000 0.02%
Trade Desk Inc
No change
3,039
$296,819,000 0.02%
Pentair plc
No change
3,869
$296,636,000 0.02%
Autozone Inc.
No change
100
$296,410,000 0.02%
Fidelity Natl Information Sv
No change
3,900
$293,904,000 0.02%
Fortive Corp
Closed
3,405
$292,898,000
Sysco Corp.
Closed
3,600
$292,248,000
Entergy Corp.
No change
2,727
$291,789,000 0.02%
Ford Mtr Co Del
6.55%
23,101
$289,687,000 0.02%
Pnc Finl Svcs Group Inc
No change
1,850
$287,638,000 0.02%
Simon Ppty Group Inc New
No change
1,889
$286,750,000 0.02%
Vici Pptys Inc
No change
9,994
$286,228,000 0.02%
PayPal Holdings Inc
14.81%
4,930
$286,088,000 0.02%
Capital One Finl Corp
No change
2,052
$284,099,000 0.02%
Teledyne Technologies Inc
10.87%
724
$280,898,000 0.02%
Prudential Finl Inc
No change
2,370
$277,740,000 0.02%
Moodys Corp
5.72%
659
$277,393,000 0.02%
Air Prods Chems Inc
No change
1,073
$276,888,000 0.02%
Newmont Corp
No change
6,397
$267,842,000 0.02%
Fifth Third Bancorp
24.51%
7,338
$267,764,000 0.02%
Dexcom Inc
8.00%
2,357
$267,237,000 0.02%
Idexx Labs Inc
No change
547
$266,498,000 0.02%
Paychex Inc.
No change
2,247
$266,404,000 0.02%
Aon plc.
7.49%
901
$264,516,000 0.02%
Discover Finl Svcs
No change
2,016
$263,713,000 0.02%
3M Co.
No change
2,580
$263,650,000 0.02%
Dover Corp.
No change
1,454
$262,374,000 0.02%
Allstate Corp (The)
No change
1,640
$261,842,000 0.02%
Price T Rowe Group Inc
No change
2,258
$260,370,000 0.02%
Paccar Inc.
12.52%
2,525
$259,924,000 0.02%
Yum Brands Inc.
12.58%
1,951
$258,429,000 0.02%
Public Storage Oper Co
No change
898
$258,310,000 0.02%
IQVIA Holdings Inc
22.68%
1,217
$257,322,000 0.02%
Cognizant Technology Solutio
Closed
3,505
$256,881,000
Datadog Inc
No change
1,964
$254,711,000 0.02%
Netapp Inc
27.05%
1,977
$254,638,000 0.02%
Ferguson Plc New
No change
1,311
$253,875,000 0.02%
General Mls Inc
No change
4,010
$253,673,000 0.02%
Johnson Ctls Intl Plc
18.89%
3,792
$252,054,000 0.02%
Monster Beverage Corp.
No change
4,992
$249,350,000 0.02%
General Mtrs Co
32.67%
5,353
$248,700,000 0.02%
MSCI Inc
No change
515
$248,101,000 0.02%
Corning, Inc.
No change
6,376
$247,708,000 0.02%
Occidental Pete Corp
No change
3,927
$247,519,000 0.02%
Electronic Arts, Inc.
Closed
1,860
$246,766,000
Hess Corporation
No change
1,666
$245,768,000 0.02%
Ametek Inc
No change
1,474
$245,731,000 0.02%
Agilent Technologies Inc.
20.61%
1,895
$245,649,000 0.02%
EBay Inc.
No change
4,570
$245,500,000 0.02%
Verisk Analytics Inc
No change
910
$245,291,000 0.02%
TE Connectivity Ltd
22.13%
1,626
$244,599,000 0.02%
Howmet Aerospace Inc.
39.18%
3,105
$241,041,000 0.02%
Masco Corp.
9.92%
3,587
$239,145,000 0.02%
Halliburton Co.
11.26%
7,055
$238,318,000 0.02%
Ecolab, Inc.
Opened
1,000
$238,000,000 0.02%
Akamai Technologies Inc
Closed
2,186
$237,749,000
Lauder Estee Cos Inc
Closed
1,534
$236,466,000
Microchip Technology, Inc.
No change
2,582
$236,253,000 0.02%
Take-two Interactive Softwar
18.54%
1,507
$234,323,000 0.02%
Gartner, Inc.
No change
520
$233,511,000 0.02%
Fortinet Inc
No change
3,846
$231,798,000 0.02%
Costar Group, Inc.
Closed
2,398
$231,647,000
Northern Tr Corp
No change
2,750
$230,945,000 0.02%
Extra Space Storage Inc.
No change
1,481
$230,162,000 0.02%
Moderna Inc
No change
1,933
$229,544,000 0.02%
Archer Daniels Midland Co.
No change
3,769
$227,836,000 0.02%
Western Digital Corp.
Opened
3,000
$227,310,000 0.02%
Resmed Inc.
17.18%
1,181
$226,067,000 0.02%
Alnylam Pharmaceuticals Inc
Opened
914
$222,102,000 0.02%
Lululemon Athletica inc.
No change
742
$221,635,000 0.02%
Rockwell Automation Inc
No change
804
$221,325,000 0.02%
Super Micro Computer Inc
No change
267
$218,766,000 0.02%
Nucor Corp.
No change
1,366
$215,937,000 0.02%
Juniper Networks Inc
Closed
5,780
$214,207,000
Exelon Corp.
No change
6,168
$213,474,000 0.02%
Humana Inc.
Opened
569
$212,607,000 0.02%
DuPont de Nemours Inc
No change
2,636
$212,172,000 0.02%
Dollar Gen Corp New
Closed
1,357
$211,773,000
Travelers Companies Inc.
16.93%
1,036
$210,660,000 0.02%
American Intl Group Inc
No change
2,837
$210,619,000 0.02%
Public Svc Enterprise Grp In
Opened
2,853
$210,266,000 0.02%
Campbell Soup Co.
No change
4,650
$210,134,000 0.02%
Bentley Sys Inc
Closed
3,998
$208,776,000
Keysight Technologies Inc
Closed
1,331
$208,142,000
Centene Corp.
No change
3,139
$208,116,000 0.02%
Pinterest Inc
Opened
4,707
$207,437,000 0.02%
Conagra Brands Inc
No change
7,248
$205,988,000 0.02%
Teradyne, Inc.
Closed
1,820
$205,351,000
Aflac Inc.
Opened
2,271
$202,823,000 0.02%
Ge Vernova Inc
Opened
1,178
$202,039,000 0.02%
Okta Inc
Closed
1,930
$201,917,000
Hewlett Packard Enterprise C
Closed
10,210
$181,023,000
KeyCorp
No change
12,482
$177,369,000 0.01%
No transactions found
Showing first 500 out of 277 holdings