Gunma Bank,Ltd.

13F filer, CIK 1549449, GUNMA, Japan

Gunma Bank,Ltd. reported $103,304,000 across 21 holdings for the quarter ended 2023-12-31, in a 13F-HR filed 2024-01-23. Its ten largest share positions make up 64.7% of the portfolio.

Filed 2024-01-23 (acceptance time not in the bulk data set), ingested 2026-10-07 18:29:43 UTC13F-HR 0001549449-24-000002

Period: 2023-12-31
Reported value: $103M
Holdings: 21
Top 10 weight: 64.7%
New: 1
Sold out: 7

Largest buys vs the previous quarter

Security	Shares change	Approx. value
XLEadded	+56,000	$4.7M
XLVnew	+27,000	$3.68M
DGROadded	+55,000	$2.96M
XLUadded	+39,000	$2.47M
VDEadded	+20,000	$2.35M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
IYRreduced	-100,000	-$9.14M
XLREexited	-230,000	-$7.84M
SCHDexited	-79,000	-$5.59M
SPYDreduced	-140,000	-$5.49M
VNQreduced	-60,000	-$5.3M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2023

Share positions as resolved from 13F-HR 0001549449-24-000002, largest first. % of portfolio is the value over $103,304,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
VNQVANGUARD INDEX FDS	95,000	$8.39M	8.13%	-60,000	Timeline
XLESELECT SECTOR SPDR TR	88,000	$7.38M	7.14%	+56,000	Timeline
HDVISHARES TR	72,000	$7.34M	7.11%	+18,000	Timeline
DVYISHARES TR	57,500	$6.74M	6.52%	-5,000	Timeline
VPUVANGUARD WORLD FD	49,000	$6.72M	6.5%	0	Timeline
XLUSELECT SECTOR SPDR TR	105,000	$6.65M	6.44%	+39,000	Timeline
XLPSELECT SECTOR SPDR TR	90,000	$6.48M	6.28%	+30,000	Timeline
VDEVANGUARD WORLD FD	52,000	$6.1M	5.9%	+20,000	Timeline
VYMIVANGUARD WHITEHALL FDS	83,000	$5.52M	5.34%	+18,475	Timeline
SPHDINVESCO EXCH TRADED FD TR II	130,000	$5.51M	5.34%	-25,000	Timeline
VYMVANGUARD WHITEHALL FDS	46,000	$5.13M	4.97%	+2,000	Timeline
DGROISHARES TR	95,000	$5.11M	4.95%	+55,000	Timeline
VTVVANGUARD INDEX FDS	26,000	$3.89M	3.76%	+11,000	Timeline
XLVSELECT SECTOR SPDR TR	27,000	$3.68M	3.56%	new	Timeline
REETISHARES TR	150,000	$3.63M	3.51%	-210,000	Timeline
IDVISHARES TR	116,000	$3.25M	3.14%	-130,000	Timeline
SPYDSPDR SERIES TRUST	75,000	$2.94M	2.85%	-140,000	Timeline
IYRISHARES TR	31,000	$2.83M	2.74%	-100,000	Timeline
VLUEISHARES TR	22,000	$2.23M	2.15%	-41,000	Timeline
USRTISHARES TR	35,000	$1.9M	1.84%	-35,000	Timeline
ICFISHARES TR	32,000	$1.88M	1.82%	-32,000	Timeline

Sold out in Q4 2023

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
XLRESELECT SECTOR SPDR TR	230,000	$7.84M	shares
SCHDSCHWAB STRATEGIC TR	79,000	$5.59M	shares
RWRSPDR SERIES TRUST	55,000	$4.56M	shares
SCHHSCHWAB STRATEGIC TR	221,000	$3.92M	shares
SCHVSCHWAB STRATEGIC TR	55,000	$3.54M	shares
SDYSPDR SERIES TRUST	29,100	$3.35M	shares
NOBLPROSHARES TR	10,000	$886K	shares

How Q4 2023 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001549449-24-000002	base		2024-01-23	acceptance time not in the bulk data set	2026-10-07 18:29:43 UTC