Mizuho Markets Cayman LP

Fundamental concentrated ★Signal CIK 1803149
League rank
#432
in Fundamental concentrated · #1253 overall
Long book
$1.86B
Q1 2026
Positions
78
Top-10 weight
75%
concentration
Last quarter
+16.0%
SPY +14.8%
Turnover
55%
of book per quarter

Strategy in plain words

auto-generated from filings

Mizuho Markets Cayman LP is a concentrated fundamental stock-picker, running a $1.86B US long book across 78 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: GE HEALTHCARE TECHNOLOGY, META PLATFORMS INC-CLASS A, MICROSOFT CORP, AMGEN INC, ANALOG DEVICES INC.

Over the last 9 quarters its long book ran on average 1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
-1.1%
Q3 2024
+0.8%
Q4 2024
-18.2%
Q1 2025
+28.9%
Q2 2025
+9.4%
Q3 2025
+10.0%
Q4 2025
+1.8%
Q1 2026
+16.0%

Sector allocation

Technology
52%
Healthcare
23%
Energy
9%
Financials
5%
Industrials
4%
Services media
3%
Other
2%
Communications
1%

Long book by quarter

$162.9M
Q1 2024
$21.6M
Q2 2024
$22.6M
Q3 2024
$40.3M
Q4 2024
$24.0M
Q1 2025
$1.39B
Q2 2025
$1.17B
Q3 2025
$1.98B
Q4 2025
$1.86B
Q1 2026

What does Mizuho Markets own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GEHC GE HEALTHCARE TECHNOLOGYHealthcare3.1M$218.4M11.7%+173.2%
META META PLATFORMS INC-CLASS ATechnology349.2K$199.8M10.7%-2.1%
MSFT MICROSOFT CORPTechnology533.0K$197.3M10.6%-5.0%
AMGN AMGEN INCHealthcare489.0K$172.0M9.3%-0.2%
ADI ANALOG DEVICES INCTechnology472.3K$150.3M8.1%-0.1%
XOM EXXON MOBIL CORPEnergy880.2K$149.3M8.0%-35.8%
DELL DELL TECHNOLOGIES -CTechnology697.5K$114.5M6.2%-0.7%
MCHP MICROCHIP TECHNOLOGY INCTechnology1.6M$100.2M5.4%+1.0%
MKSI MKS INCTechnology175.0K$40.2M2.2%Held
HASI HA SUSTAINABLE INFRASTRUCTURFinancials900.0K$33.1M1.8%New
NET CLOUDFLARE INC - CLASS ATechnology160.0K$33.0M1.8%Held
PYPL PAYPAL HOLDINGS INCServices media689.2K$31.2M1.7%+564.2%
BALL BALL CORPIndustrials500.0K$29.6M1.6%Held
GVA GRANITE CONSTRUCTION INCIndustrials200.0K$24.0M1.3%Held
APO APOLLO GLOBAL MANAGEMENT INCFinancials157.2K$17.5M0.9%New
SCHW SCHWAB (CHARLES) CORPFinancials179.2K$16.8M0.9%New
COIN COINBASE GLOBAL INC -CLASS AFinancials89.0K$15.5M0.8%-40.7%
AMD ADVANCED MICRO DEVICESTechnology56.0K$11.4M0.6%-9.3%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials772.8K$11.1M0.6%+33.7%
FCX FREEPORT-MCMORAN INCMaterials181.5K$10.7M0.6%New
COHR COHERENT CORPOther44.8K$10.7M0.6%New
AMAT APPLIED MATERIALS INCTechnology28.5K$9.7M0.5%+99.5%
INTU INTUIT INCTechnology20.8K$9.0M0.5%New
AVY AVERY DENNISON CORPOther50.5K$8.7M0.5%New
GM GENERAL MOTORS COIndustrials110.5K$8.2M0.4%-28.2%
JBHT HUNT (JB) TRANSPRT SVCS INCIndustrials37.2K$7.9M0.4%New
GOOGL ALPHABET INC-CL ATechnology25.7K$7.4M0.4%+29.8%
ABNB AIRBNB INC-CLASS AServices media55.2K$7.0M0.4%-0.6%
VZ VERIZON COMMUNICATIONS INCCommunications136.9K$6.9M0.4%New
RRC RANGE RESOURCES CORPEnergy140.6K$6.4M0.3%-58.2%
CROX CROCS INCOther76.3K$6.3M0.3%+13.3%
ZS ZSCALER INCTechnology34.7K$4.9M0.3%New
TMUS T-MOBILE US INCCommunications22.9K$4.8M0.3%New
CSCO CISCO SYSTEMS INCTechnology60.5K$4.7M0.3%-14.1%
ET ENERGY TRANSFER LPUtilities230.8K$4.5M0.2%+47.7%
ECL ECOLAB INCOther15.8K$4.2M0.2%+216.1%
NTAP NETAPP INCTechnology40.9K$4.2M0.2%+12.9%
HD HOME DEPOT INCConsumer discretionary12.0K$4.0M0.2%-84.5%
WIX WIX.COM LTDTechnology37.4K$3.4M0.2%-29.9%
BRSL BRIGHTSTAR LOTTERY PLCServices media247.6K$3.2M0.2%+47.1%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology6.4K$2.5M0.1%-13.2%
MA MASTERCARD INC - AServices media4.9K$2.4M0.1%+40.8%
APH AMPHENOL CORP-CL ATechnology18.5K$2.3M0.1%-33.0%
RRX REGAL REXNORD CORPIndustrials11.2K$2.1M0.1%-81.7%
APP APPLOVIN CORP-CLASS ATechnology4.4K$1.8M0.1%-31.5%
NAMS NEWAMSTERDAM PHARMA CO NVHealthcare52.2K$1.7M0.1%+9.1%
GEV GE VERNOVA INCIndustrials1.9K$1.6M0.1%+12.5%
ADP AUTOMATIC DATA PROCESSINGTechnology7.3K$1.5M0.1%New
ANET ARISTA NETWORKS INCTechnology6.0K$733K0.0%-81.2%
SLB SLB LTDEnergy13.2K$677K0.0%-52.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202686$1.86B canonicalSEC ↗
Q4 202513F-HRFeb 6, 202693$1.98B canonicalSEC ↗
Q3 202513F-HR/ARESTATEMENTNov 19, 202588$1.17B canonicalSEC ↗
Q3 202513F-HRNov 14, 202568$1.17B SEC ↗
Q2 202513F-HRAug 1, 202577$1.39B canonicalSEC ↗
Q1 202513F-HRMay 12, 202521$24.0M canonicalSEC ↗
Q4 202413F-HRFeb 11, 202536$43.8M canonicalSEC ↗
Q3 202413F-HRNov 6, 202427$23.9M canonicalSEC ↗
Q2 202413F-HRJul 31, 202428$22.5M canonicalSEC ↗
Q1 202413F-HRMay 10, 202461$183.5M canonicalSEC ↗