MIZUHO MARKETS AMERICAS LLC

CIK 0001825516 · Q2 2026

13F Equity AUM

$6.4B

+74.1% QoQ

Positions

190

+30 QoQ

AUM Rank

#1,360

Top 11%

Skill Alpha (FF)

-9.6%/yr

Underperformer

Rank #8,046 · Top 97%

vs S&P -11.3%/yr (unadj.)

Quarters Tracked

~5 years

Portfolio Concentration

Top 5: 32.3%Top 10: 43.4%Top 20: 57.7%

SPY16.2%

SYY6.5%

NCLH3.8%

TSLA3.1%

IVV2.7%

MRVL2.5%

KLAC2.3%

RIOT2.2%

FEDEX FGHT HLDG CO INC2.1%

ET2.0%

Others (180)56.6%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services28.0%

Technology19.3%

Consumer Cyclical11.6%

Utilities8.7%

Consumer Defensive7.2%

Unclassified5.7%

Communication Services4.3%

Industrials3.8%

Other11.5%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 190Median: 0.19%Avg: 0.53%

0–0.5%

136(16.3%)

0.5–1%

30(21.6%)

1–3%

20(32.5%)

3–5%

2(6.9%)

5%+

2(22.6%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 190vs 20 funds

0%Low

190

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New53Increased65Decreased60Exited23

New Positions

SYY6.5%

+4.9M

FEDEX FGHT HLDG CO I…2.1%

+908K

D1.3%

+1.2M

NSC1.1%

+221K

HONEYWELL INTL INC1.0%

+275K

HONEYWELL AEROSPACE …0.9%

+275K

FLUTTER ENTMT PLC0.8%

+514K

EEM0.8%

+714K

SNDK0.8%

+21K

FCX0.7%

+721K

Increased

NCLH3.8%

+9.6M(+538%)

CLSK0.5%

+5.4M(+5678%)

ET2.0%

+3.5M(+109%)

CZR1.6%

+1.8M(+113%)

LYV1.3%

+1.3M(+2794%)

SMCI0.4%

+1.1M(+134%)

SPY16.2%

+988K(+219%)

NEOG0.6%

+750K(+21%)

SNOW1.1%

+619K(+737%)

MRVL2.5%

+522K(+12111%)

Decreased

FIS0.1%

-2,247,114(-95%)

KVUE0.2%

-1,557,594(-73%)

HALO0.5%

-930,463(-70%)

ETR1.2%

-750,300(-54%)

SOFI0.5%

-742,887(-17%)

PEO0.7%

-685,400(-41%)

VSH0.1%

-360,854(-37%)

CRGY0.1%

-355,487(-51%)

COIN0.2%

-212,000(-67%)

NFLX0.0%

-195,300(-98%)

Exited

-698,500

-3,966,900

-800,000

-728,500

-75,000

-240,000

-250,000

-90,000

-55,000

-275,876

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...