Iyo Bank 13F annual report
Iyo Bank is an investment fund managing more than $187 million ran by Go Deguchi. There are currently 31 companies in Mr. Deguchi’s portfolio. The largest investments include Vanguard Index Fds and Microsoft, together worth $50.7 million.
$187 million Assets Under Management (AUM)
As of 2nd November 2022, Iyo Bank’s top holding is 440,000 shares of Vanguard Index Fds currently worth over $35.3 million and making up 18.9% of the portfolio value.
In addition, the fund holds 66,077 shares of Microsoft worth $15.4 million, whose value fell 13.9% in the past six months.
The third-largest holding is Alphabet Inc worth $11.5 million and the next is Boston Properties worth $10.5 million, with 139,980 shares owned.
Currently, Iyo Bank's portfolio is worth at least $187 million. 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 Iyo Bank
The Iyo Bank office and employees reside in Matsuyama, Japan. According to the last 13-F report filed with the SEC, Go Deguchi serves as the MANAGER at Iyo Bank.
Recent trades
In the most recent 13F filing, Iyo Bank revealed that it had opened a new position in
Alphabet Inc and bought 39,720 shares worth $3.82 million.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
7.7%
of the fund's Technology sector allocation and has decreased its share price by 40.3% in the past year.
The investment fund also strengthened its position in Microsoft by buying
19,622 additional shares.
This makes their stake in Microsoft total 66,077 shares worth $15.4 million.
Microsoft dropped 32.2% in the past year.
On the other hand, there are companies that Iyo Bank is getting rid of from its portfolio.
Iyo Bank closed its position in Select Sector Spdr Tr on 8th November 2022.
It sold the previously owned 386,800 shares for $42.1 million.
Go Deguchi also disclosed a decreased stake in Vanguard Index Fds by 0.3%.
This leaves the value of the investment at $35.3 million and 440,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Iyo Bank are Wind River Trust Co and Rudd International. They manage $187 million and $187 million respectively.
Go Deguchi investment strategy
Iyo Bank’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 26.7% of
the total portfolio value.
The fund focuses on investments in the United States as
77.4% 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
77% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $270 billion.
The complete list of Iyo Bank trades based on 13F SEC filings
These positions were updated on November 8th 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 |
|---|---|---|---|
| Vanguard Index Fds |
31.71%
440,000
|
$35,275,000 | 18.91% |
| Select Sector Spdr Tr |
Closed
386,800
|
$42,130,000 | |
| Microsoft Corporation |
42.24%
66,077
|
$15,389,000 | 8.25% |
| Alphabet Inc |
1,900.00%
119,740
|
$11,453,000 | 6.14% |
| Boston Properties, Inc. |
No change
139,980
|
$10,494,000 | 5.63% |
| Prologis Inc |
No change
98,400
|
$9,997,000 | 5.36% |
| Apple Inc |
No change
66,690
|
$9,217,000 | 4.94% |
| Amazon.com Inc. |
2,138.09%
70,209
|
$7,934,000 | 4.25% |
| Disney Walt Co |
4.61%
79,440
|
$7,494,000 | 4.02% |
| Salesforce Inc |
No change
43,532
|
$6,262,000 | 3.36% |
| Adobe Systems Incorporated |
14.05%
21,209
|
$5,837,000 | 3.13% |
| Walmart Inc |
10.95%
42,540
|
$5,517,000 | 2.96% |
| Intel Corp. |
Closed
100,730
|
$5,188,000 | |
| Nike, Inc. |
14.40%
59,578
|
$4,952,000 | 2.65% |
| Visa Inc |
20.11%
27,356
|
$4,860,000 | 2.61% |
| Coca-Cola Co |
10.49%
86,390
|
$4,840,000 | 2.59% |
| NVIDIA Corp |
49.45%
35,360
|
$4,292,000 | 2.30% |
| Thermo Fisher Scientific Inc. |
16.67%
8,069
|
$4,093,000 | 2.19% |
| Simon Ppty Group Inc New |
No change
45,580
|
$4,091,000 | 2.19% |
| Accenture Plc Ireland |
43.84%
14,938
|
$3,844,000 | 2.06% |
| Alphabet Inc |
Opened
39,720
|
$3,819,000 | 2.05% |
| Procter And Gamble Co |
104.49%
28,220
|
$3,563,000 | 1.91% |
| Aptiv PLC |
Closed
21,144
|
$3,488,000 | |
| NextEra Energy Inc |
No change
41,853
|
$3,282,000 | 1.76% |
| Intuit Inc |
34.52%
8,183
|
$3,169,000 | 1.70% |
| Autodesk Inc. |
31.73%
15,505
|
$2,896,000 | 1.55% |
| PayPal Holdings Inc |
Closed
14,425
|
$2,720,000 | |
| Illumina Inc |
101.00%
14,130
|
$2,696,000 | 1.45% |
| Sherwin-Williams Co. |
47.99%
12,320
|
$2,523,000 | 1.35% |
| Keysight Technologies Inc |
305.40%
15,985
|
$2,515,000 | 1.35% |
| Ecolab, Inc. |
32.81%
13,950
|
$2,015,000 | 1.08% |
| ServiceNow Inc |
30.47%
4,924
|
$1,859,000 | 1.00% |
| Netflix Inc. |
Closed
2,018
|
$1,216,000 | |
| Ansys Inc. |
Closed
2,823
|
$1,132,000 | |
| Meta Platforms Inc |
Closed
3,234
|
$1,088,000 | |
| Ball Corp. |
Closed
11,030
|
$1,062,000 | |
| Texas Instrs Inc |
Opened
6,440
|
$997,000 | 0.53% |
| Intuitive Surgical Inc |
No change
3,720
|
$697,000 | 0.37% |
| PTC Inc |
10.25%
6,505
|
$680,000 | 0.36% |
| No transactions found | |||
| Showing first 500 out of 39 holdings | |||
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