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Livermore
Livermore
ZHEN

Mizuho Bank, Ltd.

SEC CIK
0001512734
Latest filing
Aug 13, 2026

The latest 13F from Mizuho Bank, Ltd. covers Q2 2026 (filed Aug 13, 2026): 6 long positions worth $467.4M. The top 10 holdings make up 100.0% of the portfolio, and the largest is SPDR Gold Trust (GLD) at 63.8%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
4
Est. +$410.1M
Added
0
Reduced
0
Sold out
2
Est. −$303.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. GLDSPDR Gold Trust
    63.8%$298.4MHistory
  2. DBCInvesco DB Commodity Index Tracking Fund
    12.0%$56.0MHistory
  3. DBAInvesco DB Agriculture Fund
    7.4%$34.7MHistory
  4. GSGiShares S&P GSCI Commodity-Indexed Trust
    6.7%$31.5MHistory
  5. iShares Inc464286772
    5.2%$24.2M

Share of portfolio

Top 5 holdings and the other 1 position, by share of portfolio value

  1. GLD63.8%
  2. DBC12.0%
  3. DBA7.4%
  4. GSG6.7%
  5. iShares Inc5.2%
  6. Other 1 position4.8%

Biggest buys

New and added positions, by estimated amount bought

  1. GLDSPDR Gold Trust
    +$298.4MNewHistory
  2. DBCInvesco DB Commodity Index Tracking Fund
    +$56.0MNewHistory
  3. GSGiShares S&P GSCI Commodity-Indexed Trust
    +$31.5MNewHistory
  4. iShares Inc464286772
    +$24.2MNew

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. GLDSPDR Gold Trust
    +63.84 pp0.0% → 63.8%History
  2. DBCInvesco DB Commodity Index Tracking Fund
    +11.98 pp0.0% → 12.0%History
  3. GSGiShares S&P GSCI Commodity-Indexed Trust
    +6.73 pp0.0% → 6.7%History
  4. iShares Inc464286772
    +5.18 pp0.0% → 5.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street Energy Select Sector SPDR ETF81369Y506
    −$200.9MSold out
  2. SPYSPDR S&P 500 ETF Trust
    −$102.8MSold outHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. State Street Energy Select Sector SPDR ETF81369Y506
    −54.38 pp54.4% → 0.0%
  2. SPYSPDR S&P 500 ETF Trust
    −27.81 pp27.8% → 0.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$467.4M
+$97.9M (+26.5%) vs. prior quarter
Positions
6
+2 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
72.6%
Q2 2026, one quarter
Average holding period
2.1 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.03B (Q3 2023)

Q1 2021: $621.2MQ2 2021: $754.1MQ3 2021: $997.4MQ4 2021: $861.5MQ1 2022: $737.7MQ2 2022: $653.9MQ3 2022: $609.0MQ4 2022: $653.7MQ1 2023: $863.7MQ2 2023: $1.03BQ3 2023: $1.03BQ4 2023: $846.6MQ1 2024: $966.9MQ2 2024: $421.3MQ3 2024: $507.1MQ4 2024: $358.1MQ1 2025: $442.9MQ2 2025: $1.02BQ3 2025: $900.8MQ4 2025: $840.3MQ1 2026: $369.5MQ2 2026: $467.4M
Q1 2021Q2 2026
13F filings of Mizuho Bank, Ltd. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 20266$467.4MGLDDBCDBAvs. Q1 2026SEC
Q1 2026May 14, 20264$369.5MState Street Energy Select Sector SPDR ETFSPYDBAvs. Q4 2025SEC
Q4 2025Feb 12, 20266$840.3MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series ISPYvs. Q3 2025SEC
Q3 2025Nov 13, 20259$900.8MInvesco Nasdaq 100 ETFInvesco QQQ Trust Series IGLDMvs. Q2 2025SEC
Q2 2025Aug 13, 20257$1.02BInvesco Nasdaq 100 ETFGLDInvesco QQQ Trust Series Ivs. Q1 2025SEC
Q1 2025May 14, 20256$442.9MGLDState Street SPDR Portfolio S&P 500 ETFGLDMvs. Q4 2024SEC
Q4 2024Feb 13, 2025108$358.1MGLDState Street Utilities Select Sector SPDR ETFCMEvs. Q3 2024SEC
Q3 2024Nov 13, 202469$507.1MInvesco Nasdaq 100 ETFSPYState Street Utilities Select Sector SPDR ETFvs. Q2 2024SEC
Q2 2024Aug 13, 2024105$421.3MSPYInvesco QQQ Trust Series IVanguard Morningstar Total Stock Market ETFvs. Q1 2024SEC
Q1 2024May 14, 20246$966.9MState Street SPDR Portfolio S&P 500 ETFIAUiShares Core S&P 500 ETFvs. Q4 2023SEC
Q4 2023Feb 13, 20247$846.6MIAUiShares Core S&P 500 ETFVanguard Morningstar Total Stock Market ETFvs. Q3 2023SEC
Q3 2023Nov 13, 20238$1.03BIAUiShares TrVanguard Morningstar Total Stock Market ETFvs. Q2 2023SEC
Q2 2023Aug 10, 20238$1.03BIAUiShares TrVanguard Morningstar Total Stock Market ETFvs. Q1 2023SEC
Q1 2023May 12, 20238$863.7MGLDiShares Core S&P 500 ETFVanguard Morningstar Total Stock Market ETFvs. Q4 2022SEC
Q4 2022Feb 14, 20237$653.7MGLDVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFvs. Q3 2022SEC
Q3 2022Nov 10, 20227$609.0MGLDVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFvs. Q2 2022SEC
Q2 2022Aug 12, 20227$653.9MGLDVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFvs. Q1 2022SEC
Q1 2022May 13, 20227$737.7MGLDVanguard Morningstar Total Stock Market ETFInvesco QQQ Trust Series Ivs. Q4 2021SEC
Q4 2021Feb 10, 20226$861.5MGLDiShares Russell 1000 Value ETFVanguard Morningstar Total Stock Market ETFvs. Q3 2021SEC
Q3 2021Nov 10, 20218$997.4MGLDDIAiShares Trvs. Q2 2021SEC
Q2 2021Aug 13, 20215$754.1MGLDAFLDIAvs. Q1 2021SEC
Q1 2021May 13, 20217$621.2MGLDAFLiShares Tr–SEC