RA
Resona Asset Management Co.,Ltd. — AI-Powered 13F Analysis
Resona Asset Management Co.,Ltd.CIK: 0001944142
Diversified strategyMomentum followerLong-term holder
Total reported value
$20.1B
Reporting period: 2026-03-31 · Number of holdings: 791
Resona Asset Management Co.,Ltd. disclosed 791 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $20.1B and a quarterly turnover rate of 14.7%.
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Personality snowflake
- Concentration
- 6.43
- Portfolio Stability
- 14.71
- Momentum/Contrarian
- 100
- Sector conviction
- 63.5
- Diversification
- 100
- Sizing Uniformity
- 65.75
Resona Asset Management Co.,Ltd.'s disclosed holdings carry a Herfindahl concentration index of 0.016 — mathematically equivalent to about 62 equally-sized positions, well below its 791 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 3.42), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 70% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Recent moves
Trim MSFT
+2.7% -$250.3M
Add GLDM
+45.2% $97.8M
Add XOM
+0.7% $70.0M
Trim ADBE
-50.6% -$69.5M
Trim IT
-89.4% -$57.7M
Trim TSLA
+1.8% -$66.8M
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
Resona is not chasing Alpha through timing or concentration; it is executing a systematic contrarian rebalance, buying into mega-cap tech underperformance and supplementing with inflation hedges (gold, energy) while trimming single-name risk (ADBE). This is capital rotation from momentum-driven stories to value stabilization, not a conviction call on any one trade.
Macro & Fundamentals
These flows price in a regime where growth and inflation are stickier than the market expects – hence the simultaneous accumulation of tech heavyweights and commodities. The opposing thesis is that disinflationary momentum will persist, making the tech additions an undiversified bet on déjà vu rather than a new cycle.
Blind Spots / Risks
The 100.0 contrarian score exposes Resona to an extreme reflexivity risk: if the market continues to reward momentum, this portfolio positions directly into the teeth of the trend, creating a factor crowding of its own making. Additionally, the 791-stock portfolio's low concentration masks a deep tech/semi overlap that could amplify drawdowns if AI capex sentiment further cools.
The above is AI-generated from public regulatory filings and summarizes historical data only. It is not investment advice.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 791 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 6.98% | -0.20% | +1.57% | |
| 2 | AAPL | Apple INC | Stock-Tech | 5.72% | -0.17% | +1.01% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 4.44% | -1.05% | +2.75% | |
| 4 | AMZN | Amazon.com INC | Stock-Consumer Disc | 3.31% | -0.17% | +2.31% | |
| 5 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 2.65% | -0.11% | +1.87% | |
| 6 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 2.22% | -0.11% | +1.44% | |
| 7 | AVGO | Broadcom INC | Stock-Tech | 2.14% | -0.14% | +2.17% | |
| 8 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.91% | -0.20% | +1.96% | |
| 9 | TSLA | Tesla INC | Stock-Consumer Disc | 1.64% | -0.26% | +1.83% | |
| 10 | GLDM | Spdr Gold Minishares Trust | ETF-Commodities | 1.44% | +0.52% | +45.15% | |
| 11 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.25% | -0.07% | +0.74% | |
| 12 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.18% | -0.13% | +2.03% | |
| 13 | XOM | Exxon Mobil CORP | Stock-Energy | 1.18% | +0.38% | +0.68% | |
| 14 | V | Visa Inc-class A Shares | Stock-Financials | 1.10% | -0.11% | +1.67% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 1.06% | — | +2.33% | |
| 16 | JNJ | Johnson & Johnson | Stock-Healthcare | 1.03% | +0.20% | +1.03% | |
| 17 | WMT | Walmart INC | Stock-Consumer Staples | 0.88% | +0.13% | +1.66% | |
| 18 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.88% | +0.13% | -1.37% | |
| 19 | MA | Mastercard INC - A | Stock-Financials | 0.68% | -0.07% | +0.67% | |
| 20 | CVX | Chevron CORP | Stock-Energy | 0.65% | +0.20% | +1.11% | |
| 21 | ORCL | Oracle CORP | Stock-Tech | 0.64% | -0.07% | +16.02% | |
| 22 | NFLX | Netflix INC | Stock-Comm Services | 0.63% | — | +1.73% | |
| 23 | ABBV | Abbvie INC | Stock-Healthcare | 0.61% | — | +1.86% | |
| 24 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.60% | — | +2.21% | |
| 25 | MU | Micron Technology INC | Stock-Tech | 0.57% | +0.11% | +2.33% | |
| 26 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.54% | — | +2.42% | |
| 27 | CAT | Caterpillar INC | Stock-Industrials | 0.54% | +0.12% | +1.44% | |
| 28 | CSCO | Cisco Systems INC | Stock-Tech | 0.53% | — | +1.03% | |
| 29 | DIS | Walt Disney Co/the | Stock-Comm Services | 0.53% | -0.05% | +5.08% | |
| 30 | BAC | Bank Of America CORP | Stock-Financials | 0.52% | -0.05% | -0.72% | |
| 31 | AMD | Advanced Micro Devices | Stock-Tech | 0.52% | — | +2.33% | |
| 32 | HD | Home Depot INC | Stock-Consumer Disc | 0.52% | — | +2.01% | |
| 33 | MRK | Merck & Co. INC. | Stock-Healthcare | 0.51% | — | -1.71% | |
| 34 | APH | Amphenol Corp-cl A | Stock-Tech | 0.51% | — | +0.23% | |
| 35 | ISRG | Intuitive Surgical INC | Stock-Healthcare | 0.50% | -0.08% | +3.88% | |
| 36 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 0.50% | -0.08% | +2.49% | |
| 37 | GE | General Electric | Stock-Industrials | 0.47% | — | +1.51% | |
| 38 | AMAT | Applied Materials INC | Stock-Tech | 0.44% | +0.11% | +0.25% | |
| 39 | LRCX | Lam Research CORP | Stock-Tech | 0.44% | +0.10% | +1.28% | |
| 40 | DHR | Danaher CORP | Stock-Healthcare | 0.44% | -0.05% | +4.82% | |
| 41 | NOW | Servicenow INC | Stock-Tech | 0.43% | -0.07% | +22.59% | |
| 42 | WELL | Welltower INC | Stock-Real Estate | 0.43% | — | +5.63% | |
| 43 | PEP | Pepsico INC | Stock-Consumer Staples | 0.41% | — | +1.66% | |
| 44 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 0.40% | — | +1.89% | |
| 45 | VZ | Verizon Communications INC | Stock-Comm Services | 0.40% | +0.09% | +1.13% | |
| 46 | PM | Philip Morris International | Stock-Consumer Staples | 0.40% | — | +2.36% | |
| 47 | RTX | Rtx CORP | Stock-Industrials | 0.40% | — | +2.25% | |
| 48 | IBM | Intl Business Machines CORP | Stock-Tech | 0.39% | -0.06% | +1.99% | |
| 49 | UNH | Unitedhealth Group INC | Stock-Healthcare | 0.39% | -0.06% | +2.37% | |
| 50 | WFC | Wells Fargo & Co | Stock-Financials | 0.38% | -0.06% | +0.00% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+2.9%
Performance Last 4 Quarters
+20.3%
Based on 76% of reported portfolio value with available pricing
- Stdev
- +12.8%
- Beta
- +1.04
- Alpha
- -0.1%
- Max Drawdown
- -8.8%
- Annualized Perf
- +19.4%
- Batting Avg vs S&P
- +50%
- Sortino
- +3.18
- Stutzer
- +0.44
- Treynor
- +0.18
- Sterling
- +1.12
- Calmar
- +2.21
- Information Ratio
- +0.33
- Tracking Error
- +1.8%
- Stdev Down
- +5.9%
- Winning Months %
- +65.4%
- Losing Months %
- +34.6%
- Best 12 Months
- +34.1%
- Worst 12 Months
- +13.3%
- Efficiency Ratio
- +0.6
- Sharpe
- +1.46
- Stdev Sectors
- +10.5%
- Skewness
- +0.35
- Kurtosis
- +0.86
- Upside Potential
- +4.69
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 791 | $20.1B | 15 | |
| 2025-12-31 | 804 | $20.8B | 10 | |
| 2025-09-30 | 810 | $21.1B | 25 | |
| 2025-06-30 | 827 | $20.4B | 0 | |
| 2025-03-31 | 810 | $17.3B | 0 | |
| 2024-12-31 | 821 | $16.9B | 0 | |
| 2024-09-30 | 821 | $17.3B | 0 | |
| 2024-06-30 | 827 | $16.6B | 0 | |
| 2024-03-31 | 834 | $16.8B | 0 |
Holding changes this quarter
Resona Asset Management Co.,Ltd.'s most significant position changes for 2026-03-31: New buy: Lumentum Holdings INC (LITE); Add: Microsoft CORP (MSFT) — shares +2.75%; Add: Spdr Gold Minishares Trust (GLDM) — shares +45.15%; Add: Exxon Mobil CORP (XOM) — shares +0.68%; Trim: Adobe INC (ADBE) — shares -50.64%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | GLDM | Spdr Gold Minishares Trust | +0.5% | +45.15% | Add |
| 2 | XOM | Exxon Mobil CORP | +0.4% | +0.68% | Add |
| 3 | HEI | Heico CORP | +0.2% | +1220.03% | Add |
| 4 | CVX | Chevron CORP | +0.2% | +1.11% | Add |
| 5 | JNJ | Johnson & Johnson | +0.2% | +1.03% | Add |
| 6 | COST | Costco Wholesale CORP | +0.1% | -1.37% | Trim |
| 7 | WMT | Walmart INC | +0.1% | +1.66% | Add |
| 8 | CAT | Caterpillar INC | +0.1% | +1.44% | Add |
| 9 | AMAT | Applied Materials INC | +0.1% | +0.25% | Add |
| 10 | MU | Micron Technology INC | +0.1% | +2.33% | Add |
| 11 | GEV | GE Vernova INC | +0.1% | +1.93% | Add |
| 12 | LRCX | Lam Research CORP | +0.1% | +1.28% | Add |
| 13 | VZ | Verizon Communications INC | +0.1% | +1.13% | Add |
| 14 | COP | Conocophillips | +0.1% | +1.42% | Add |
| 15 | EQIX | Equinix INC | +0.1% | +3.61% | Add |
| 16 | GLW | Corning INC | +0.1% | +2.08% | Add |
| 17 | BAC | Bank Of America CORP | -0.1% | -0.72% | Trim |
| 18 | DHR | Danaher CORP | -0.1% | +4.82% | Add |
| 19 | DIS | Walt Disney Co/the | -0.1% | +5.08% | Add |
| 20 | AXON | Axon Enterprise INC | -0.1% | +11.65% | Add |
| 21 | ABT | Abbott Laboratories | -0.1% | +1.85% | Add |
| 22 | ACN | Accenture plc | -0.1% | +1.88% | Add |
| 23 | IBM | Intl Business Machines CORP | -0.1% | +1.99% | Add |
| 24 | UNH | Unitedhealth Group INC | -0.1% | +2.37% | Add |
| 25 | BSX | Boston Scientific CORP | -0.1% | +2.02% | Add |
| 26 | WFC | Wells Fargo & Co | -0.1% | +0.00% | Add |
| 27 | QCOM | Qualcomm INC | -0.1% | +1.36% | Add |
| 28 | JPM | Jpmorgan Chase & Co | -0.1% | +0.74% | Add |
| 29 | ORCL | Oracle CORP | -0.1% | +16.02% | Add |
| 30 | MA | Mastercard INC - A | -0.1% | +0.67% | Add |
| 31 | NOW | Servicenow INC | -0.1% | +22.59% | Add |
| 32 | PLTR | Palantir Technologies Inc-a | -0.1% | +2.49% | Add |
| 33 | ISRG | Intuitive Surgical INC | -0.1% | +3.88% | Add |
| 34 | INTU | Intuit INC | -0.1% | +2.26% | Add |
| 35 | APP | Applovin Corp-class A | -0.1% | +2.44% | Add |
| 36 | CRM | Salesforce INC | -0.1% | +1.14% | Add |
| 37 | GOOGL | Alphabet Inc-cl A | -0.1% | +1.87% | Add |
| 38 | GOOG | Alphabet Inc-cl C | -0.1% | +1.44% | Add |
| 39 | V | Visa Inc-class A Shares | -0.1% | +1.67% | Add |
| 40 | LLY | Eli Lilly & Co | -0.1% | +2.03% | Add |
| 41 | AVGO | Broadcom INC | -0.1% | +2.17% | Add |
| 42 | AAPL | Apple INC | -0.2% | +1.01% | Add |
| 43 | AMZN | Amazon.com INC | -0.2% | +2.31% | Add |
| 44 | NVDA | Nvidia CORP | -0.2% | +1.57% | Add |
| 45 | META | Meta Platforms Inc-class A | -0.2% | +1.96% | Add |
| 46 | TSLA | Tesla INC | -0.3% | +1.83% | Add |
| 47 | IT | Gartner INC | -0.3% | -89.37% | Trim |
| 48 | ADBE | Adobe INC | -0.3% | -50.64% | Trim |
| 49 | MSFT | Microsoft CORP | -1.1% | +2.75% | Add |
| 50 | LITE | Lumentum Holdings INC | — | NEW | New buy |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-04-30 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-06 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-10-31 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-06 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-13 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-13 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2025-02-20 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2025-02-20 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2025-02-20 | 13F-HR | View on EDGAR |
FAQ
What is Resona Asset Management Co.,Ltd. and what type of investor is it?
Resona Asset Management Co.,Ltd. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $20.1B, spread across 791 disclosed positions.
What are Resona Asset Management Co.,Ltd.'s largest equity positions?
Based on the latest 13F filing, Resona Asset Management Co.,Ltd.'s top holdings by market value are:
1. Nvidia CORP (NVDA) — $1.4B (7.0%)
2. Apple INC (AAPL) — $1.1B (5.7%)
3. Microsoft CORP (MSFT) — $890.8M (4.4%)
4. Amazon.com INC (AMZN) — $663.5M (3.3%)
5. Alphabet Inc-cl A (GOOGL) — $531.7M (2.6%)
What changes did Resona Asset Management Co.,Ltd. make in its most recent portfolio filing?
In the latest reported quarter, Resona Asset Management Co.,Ltd. made 50 notable position adjustments: 1 new positions were initiated, 45 existing holdings were added to, 4 positions were partially reduced, and 0 were completely exited. The largest of these moves: New buy: Lumentum Holdings INC (LITE); Add: Microsoft CORP (MSFT) — shares +2.75%; Add: Spdr Gold Minishares Trust (GLDM) — shares +45.15%; Add: Exxon Mobil CORP (XOM) — shares +0.68%; Trim: Adobe INC (ADBE) — shares -50.64%
What sectors does Resona Asset Management Co.,Ltd. focus on?
Resona Asset Management Co.,Ltd. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 38.8%
• Communication Services: 13.3%
• Financials: 11.3%
• Consumer Discretionary: 10.9%
• Health Care: 10.8%
• Consumer Staples: 5.6%
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