NOMURA HOLDINGS INC

Bank broker Mechanical CIK 1163653
League rank
#1
in Bank broker · #708 overall
Long book
$12.01B
Q1 2026
Positions
1049
Top-10 weight
36%
concentration
Last quarter
+18.9%
SPY +14.8%
Turnover
35%
of book per quarter

Strategy in plain words

auto-generated from filings

NOMURA HOLDINGS INC is a bank/brokerage whose filings mix client and house positions, running a $12.01B US long book across 1049 positions.

The portfolio is moderately concentrated (top 10 ≈ 36% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALIBABA GROUP HOLDING, DOLLAR TREE INC, TECK RESOURCES LTD-CLS B, NVIDIA CORP, COGNIZANT TECH SOLUTIONS-A.

Over the last 9 quarters its long book ran on average 2.6pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-4.1%
Q2 2024
+2.0%
Q3 2024
+9.3%
Q4 2024
-11.7%
Q1 2025
+37.0%
Q2 2025
+15.4%
Q3 2025
+1.2%
Q4 2025
-3.9%
Q1 2026
+18.9%

Sector allocation

Technology
33%
Consumer discretionary
10%
Industrials
10%
Financials
9%
Services media
9%
Healthcare
8%
Materials
5%
Other
4%

Long book by quarter

$12.33B
Q1 2024
$15.62B
Q2 2024
$13.27B
Q3 2024
$18.93B
Q4 2024
$18.72B
Q1 2025
$12.42B
Q2 2025
$22.03B
Q3 2025
$35.04B
Q4 2025
$12.01B
Q1 2026

What does NOMURA HOLDINGS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
DLTR DOLLAR TREE INCConsumer discretionary4.9M$536.8M4.5%+28.6%
TECK TECK RESOURCES LTD-CLS BMaterials7.3M$377.5M3.1%New
NVDA NVIDIA CORPTechnology2.1M$373.3M3.1%-65.2%
CTSH COGNIZANT TECH SOLUTIONS-ATechnology5.8M$358.4M3.0%+331.8%
AMD ADVANCED MICRO DEVICESTechnology1.2M$242.2M2.0%+47.7%
MSFT MICROSOFT CORPTechnology601.0K$222.5M1.9%+66.9%
TSLA TESLA INCIndustrials568.3K$211.3M1.8%-53.1%
WBD WARNER BROS DISCOVERY INCCommunications7.6M$207.8M1.7%+173.7%
AAPL APPLE INCTechnology599.6K$152.2M1.3%+466.6%
PRKS UNITED PARKS & RESORTS INCServices media4.5M$146.2M1.2%0.0%
AMZN AMAZON.COM INCConsumer discretionary600.3K$125.0M1.0%-37.5%
RIOT RIOT PLATFORMS INCFinancials9.9M$122.4M1.0%+94.3%
EA ELECTRONIC ARTS INCTechnology531.6K$108.4M0.9%+1754.4%
UNH UNITEDHEALTH GROUP INCFinancials345.8K$93.6M0.8%+12.2%
SLVM SYLVAMO CORPOther2.1M$90.8M0.8%Held
DAR DARLING INGREDIENTS INCConsumer staples1.4M$86.7M0.7%-0.1%
DASH DOORDASH INC - AServices media560.2K$84.1M0.7%-2.5%
HOOD ROBINHOOD MARKETS INC - AFinancials1.2M$79.9M0.7%-1.5%
CAR AVIS BUDGET GROUP INCServices media545.7K$79.6M0.7%+7.6%
MU MICRON TECHNOLOGY INCTechnology219.1K$74.0M0.6%-71.4%
ZTS ZOETIS INCHealthcare604.3K$71.4M0.6%+15178.5%
FDX FEDEX CORPIndustrials199.8K$71.2M0.6%+246.2%
PEP PEPSICO INCConsumer staples448.4K$69.6M0.6%-74.3%
ORCL ORACLE CORPTechnology469.1K$69.0M0.6%-48.3%
HON HONEYWELL INTERNATIONAL INCIndustrials296.4K$67.0M0.6%-62.2%
BILL BILL HOLDINGS INCTechnology1.7M$66.2M0.6%+3475.1%
MKSI MKS INCTechnology269.4K$61.9M0.5%-26.0%
GPN GLOBAL PAYMENTS INCServices media914.5K$61.5M0.5%+177.5%
BIO BIO-RAD LABORATORIES-AHealthcare217.3K$60.6M0.5%New
V VISA INC-CLASS A SHARESServices media187.5K$56.7M0.5%+12.4%
HTZ HERTZ GLOBAL HLDGS INCServices media12.0M$55.4M0.5%+89.6%
INTC INTEL CORPTechnology1.2M$54.8M0.5%-45.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology374.5K$54.8M0.5%-55.1%
COIN COINBASE GLOBAL INC -CLASS AFinancials303.5K$53.0M0.4%+10.7%
CSCO CISCO SYSTEMS INCTechnology673.8K$52.3M0.4%-18.1%
GOOGL ALPHABET INC-CL ATechnology178.0K$51.2M0.4%-82.8%
BHC BAUSCH HEALTH COS INCHealthcare9.0M$48.5M0.4%+3.3%
WMT WALMART INCConsumer discretionary373.8K$46.5M0.4%+188.9%
COST COSTCO WHOLESALE CORPConsumer discretionary46.0K$45.9M0.4%-63.8%
CRCL CIRCLE INTERNET GROUP INCFinancials476.3K$45.4M0.4%-25.8%
WULF TERAWULF INCFinancials3.1M$45.0M0.4%+3.9%
XOM EXXON MOBIL CORPEnergy255.4K$43.3M0.4%+662.0%
ITGR INTEGER HOLDINGS CORPHealthcare448.4K$39.5M0.3%+87.2%
AMAT APPLIED MATERIALS INCTechnology115.2K$39.4M0.3%-34.6%
ETSY ETSY INCServices media779.9K$39.0M0.3%+215.3%
META META PLATFORMS INC-CLASS ATechnology66.6K$38.1M0.3%-86.8%
LRCX LAM RESEARCH CORPIndustrials177.7K$38.0M0.3%-42.3%
SNPS SYNOPSYS INCTechnology90.7K$36.0M0.3%-69.9%
MTN VAIL RESORTS INCServices media279.4K$35.9M0.3%New
CORZ CORE SCIENTIFIC INCFinancials2.3M$34.8M0.3%-33.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20262179$37.71B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20262405$75.14B canonicalSEC ↗
Q3 202513F-HRNov 14, 20252495$64.57B canonicalSEC ↗
Q2 202513F-HR/ARESTATEMENTAug 18, 20251702$47.99B canonicalSEC ↗
Q2 202513F-HRAug 14, 20252284$60.46B SEC ↗
Q1 202513F-HRMay 15, 20252268$53.57B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20252650$74.09B canonicalSEC ↗
Q3 202413F-HR/ARESTATEMENTJan 13, 20251884$43.58B canonicalSEC ↗
Q3 202413F-HRNov 14, 20241884$43.58B SEC ↗
Q2 202413F-HRAug 14, 20242136$52.17B canonicalSEC ↗
Q1 202413F-HRMay 15, 20241871$40.05B canonicalSEC ↗