Latest Nippon Life Global Investors Americas, Inc. Stock Portfolio

$2.14Billion– No. of Holdings #100

Nippon Life Global Investors Americas, Inc. Performance:

2024 Q1: 13.12%YTD: 13.12%2023: 29.25%

Performance for 2024 Q1 is 13.12%, and YTD is 13.12%, and 2023 is 29.25%.

About Nippon Life Global Investors Americas, Inc. and 13F Hedge Fund Stock Holdings

Nippon Life Global Investors Americas, Inc. is a hedge fund based in NEW YORK, NY. On 29-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $21.1 Billions. In it's latest 13F Holdings report, Nippon Life Global Investors Americas, Inc. reported an equity portfolio of $2.1 Billions as of 31 Mar, 2024.

The top stock holdings of Nippon Life Global Investors Americas, Inc. are MSFT, NVDA, GOOG. The fund has invested 8.3% of it's portfolio in MICROSOFT CORP and 7.5% of portfolio in NVIDIA CORPORATION.

The fund managers got completely rid off BOEING CO (BA), SCHLUMBERGER LTD (SLB) and PEPSICO INC (PEP) stocks. They significantly reduced their stock positions in NEXTERA ENERGY INC (NEE), EQUINIX INC (EQIX) and MASTERCARD INCORPORATED (MA). Nippon Life Global Investors Americas, Inc. opened new stock positions in GENERAL ELECTRIC CO (GE), VISTRA CORP (VST) and CONSTELLATION BRANDS INC (STZ). The fund showed a lot of confidence in some stocks as they added substantially to CONOCOPHILLIPS (COP), CHARLES RIV LABS INTL INC (CRL) and FISERV INC.

Nippon Life Global Investors Americas, Inc. Equity Portfolio Value

Last Reported on: 15 May, 2024

Nippon Life Global Investors Americas, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Nippon Life Global Investors Americas, Inc. made a return of 13.12% in the last quarter. In trailing 12 months, it's portfolio return was 35.99%.

New Buys

Ticker	$ Bought
general electric co	38,372,600
vistra corp	27,585,600
constellation brands inc	20,911,900
home depot inc	7,975,040
metlife inc	6,417,180
cbre group inc	5,731,330
american wtr wks co inc new	2,907,380
target corp	1,593,120

New stocks bought by Nippon Life Global Investors Americas, Inc.

Additions

Ticker	% Inc.
conocophillips	594
charles riv labs intl inc	381
fiserv inc	335
meta platforms inc	243
chipotle mexican grill inc	191
progyny inc	126
inspire med sys inc	95.82
cardinal health inc	84.91

Additions to existing portfolio by Nippon Life Global Investors Americas, Inc.

Reductions

Ticker	% Reduced
nextera energy inc	-86.13
equinix inc	-83.33
mastercard incorporated	-81.34
mcdonalds corp	-80.51
s&p global inc	-74.72
exxon mobil corp	-66.82
visa inc	-65.82
american tower corp new	-64.18

Nippon Life Global Investors Americas, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
schlumberger ltd	-17,006,600
boeing co	-36,304,700
wells fargo co new	-6,418,780
verizon communications inc	-4,822,210
pepsico inc	-14,075,000
kraft heinz co	-2,933,250
nisource inc	-1,858,500
exelon corp	-1,572,780

Nippon Life Global Investors Americas, Inc. got rid off the above stocks

Sector Distribution

Nippon Life Global Investors Americas, Inc. has about 29.3% of it's holdings in Technology sector.

Sector	%
Technology	29.3
Healthcare	12.2
Consumer Cyclical	11.4
Industrials	9.3
Communication Services	9
Financial Services	8
Others	5.5
Consumer Defensive	4.9
Energy	3.2
Utilities	3
Basic Materials	2.4
Real Estate	1.8

Market Cap. Distribution

Nippon Life Global Investors Americas, Inc. has about 91.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	51.3
LARGE-CAP	40
UNALLOCATED	5.5
MID-CAP	3.2

Stocks belong to which Index?

About 88.5% of the stocks held by Nippon Life Global Investors Americas, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	88.5
Others	11.4

Top 5 Winners (%)		%
NVDA	nvidia corporation	79.3 %
CEG	constellation energy corp	55.6 %
VST	vistra corp	52.8 %
MPC	marathon pete corp	33.5 %
LLY	eli lilly & co	33.1 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	77.0 M
LLY	eli lilly & co	19.7 M
MSFT	microsoft corp	18.1 M
AMZN	amazon com inc	14.4 M
VST	vistra corp	9.5 M

Top 5 Losers (%)		%
TSLA	tesla inc	-25.9 %
LULU	lululemon athletica inc	-20.5 %
ZTS	zoetis inc	-12.7 %
AAPL	apple inc	-10.7 %
NYT	new york times co	-9.0 %

Top 5 Losers ($)		$
AAPL	apple inc	-8.6 M
UNH	unitedhealth group inc	-3.6 M
TSLA	tesla inc	-2.1 M
LULU	lululemon athletica inc	-1.4 M
NYT	new york times co	-1.1 M

Nippon Life Global Investors Americas, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Nippon Life Global Investors Americas, Inc.

Nippon Life Global Investors Americas, Inc. has 100 stocks in it's portfolio. About 42.1% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Nippon Life Global Investors Americas, Inc. last quarter.

Last Reported on: 15 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.18	397,770	68,209,600	reduced	-4.23

ABBV	abbvie inc	0.46	53,460	9,735,070	added	19.81

ACN	accenture plc ireland	0.08	4,840	1,677,590	reduced	-45.92

ADBE	adobe inc	0.00	0.00	0.00	sold off	-100

AES	aes corp	0.00	0.00	0.00	sold off	-100

AIZ	assurant inc	1.02	116,580	21,945,000	added	13.79

ALGN	align technology inc	0.00	0.00	0.00	sold off	-100

AMAT	applied matls inc	0.06	6,520	1,344,620	reduced	-47.76

AMD	advanced micro devices inc	0.07	7,970	1,438,500	reduced	-48.38

AME	ametek inc	0.06	7,570	1,384,550	added	2.71

AMP	ameriprise finl inc	1.27	62,290	27,310,400	added	8.12

AMT	american tower corp new	0.08	8,630	1,705,200	reduced	-64.18

AMZN	amazon com inc	4.51	535,750	96,638,600	added	7.52

ANET	arista networks inc	0.00	0.00	0.00	sold off	-100

APH	amphenol corp new	0.42	78,380	9,056,650	reduced	-9.51

AVGO	broadcom inc	0.10	1,700	2,253,200	reduced	-56.07

AWK	american wtr wks co inc new	0.14	23,790	2,907,380	new

AXP	american express co	0.46	42,810	9,747,410	reduced	-13.2

AZO	autozone inc	0.63	4,260	13,426,000	reduced	-24.47

BA	boeing co	0.00	0.00	0.00	sold off	-100