MUFG BANK, LTD.

Fundamental diversified ★Signal financials specialist (79%) CIK 852743
Long book
$3.04B
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+16.9%
SPY +14.8%
Turnover
20%
of book per quarter

Strategy in plain words

auto-generated from filings

MUFG BANK, LTD. is a diversified fundamental manager, specialised in financials (79% of the long book), running a $3.04B US long book across 5 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: US BANCORP, GRAB HOLDINGS LTD - CL A, SS SPDR S&P 500 ETF TRUST-US, POLESTAR AUTOMOTIVE-CL A ADS, CME GROUP INC.

Over the last 9 quarters its long book ran on average 0.1pp 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
-7.1%
Q2 2024
+14.9%
Q3 2024
+9.6%
Q4 2024
-8.8%
Q1 2025
+9.1%
Q2 2025
+10.9%
Q3 2025
+3.3%
Q4 2025
-7.2%
Q1 2026
+16.9%

Sector allocation

Financials
82%
Services media
18%

Long book by quarter

$3.51B
Q1 2024
$3.13B
Q2 2024
$2.58B
Q3 2024
$2.93B
Q4 2024
$2.65B
Q1 2025
$2.87B
Q2 2025
$3.11B
Q3 2025
$3.18B
Q4 2025
$3.04B
Q1 2026

What does MUFG BANK, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
USB US BANCORPFinancials44.4M$2.31B75.9%Held
GRAB GRAB HOLDINGS LTD - CL AServices media142.9M$523.1M17.2%Held
CME CME GROUP INCFinancials30.0K$8.9M0.3%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 20265$3.04B canonicalSEC ↗
Q4 202513F-HRFeb 4, 20264$3.18B canonicalSEC ↗
Q3 202513F-HRNov 7, 20254$3.11B canonicalSEC ↗
Q2 202513F-HRAug 8, 20254$2.87B canonicalSEC ↗
Q1 202513F-HRMay 9, 20254$2.65B canonicalSEC ↗
Q4 202413F-HRFeb 7, 20254$2.93B canonicalSEC ↗
Q3 202413F-HRNov 12, 20243$2.58B canonicalSEC ↗
Q2 202413F-HRAug 8, 20243$3.13B canonicalSEC ↗
Q1 202413F-HRMay 9, 20243$3.51B canonicalSEC ↗