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Institutional Investment Manager
Daiwa SB Investments Ltd.
Daiwa SB Investments Ltd. (CIK: 0001435346), located at 2-1 Kasumigaseki 3-Chome, Chiyoda-Ku, Tokyo, M0. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 156 holdings with a total value of $559,488,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ST JUDE MED INC 19,060 1,247,000 0.22%
52 INGERSOLL-RAND PLC 18,349 1,249,000 0.22%
53 DISCOVER FINL SVCS 22,232 1,253,000 0.22%
54 COMMUNITY HEALTH SYS INC NEW 24,050 1,257,000 0.22%
55 AMERICAN INTL GROUP INC 22,990 1,260,000 0.23%
56 THERMO FISHER SCIENTIFIC INC 9,390 1,261,000 0.23%
57 BLACKROCK INC 3,450 1,262,000 0.23%
58 AECOM 40,970 1,263,000 0.23%
59 QUALCOMM INC 18,240 1,265,000 0.23%
60 PRECISION CASTPARTS 6,070 1,275,000 0.23%
61 COCA COLA ENTERPRISES INC NE COM 28,890 1,277,000 0.23%
62 PANERA BREAD CO 7,980 1,277,000 0.23%
63 EQUINIX INC 5,500 1,281,000 0.23%
64 ACCENTURE PLC IRELAND 13,681 1,282,000 0.23%
65 INTERNATIONAL BUSINESS MACHS 8,973 1,440,000 0.26%
66 Hewlett Packard Co 46,813 1,459,000 0.26%
67 EDWARDS LIFESCIENCES CORP 10,258 1,461,000 0.26%
68 SBA COMMUNICATIONS CORP 12,553 1,470,000 0.26%
69 INTL PAPER CO 26,750 1,484,000 0.27%
70 GENERAL ELECTRIC CO 60,023 1,489,000 0.27%
71 PEPSICO INC 15,678 1,499,000 0.27%
72 BED BATH & BEYOND INC 19,975 1,534,000 0.27%
73 INTEL CORP 49,665 1,553,000 0.28%
74 GAP 35,937 1,557,000 0.28%
75 AMERICAN EXPRESS CO 20,451 1,598,000 0.29%
76 BOEING CO 10,933 1,641,000 0.29%
77 WAL-MART STORES INC 21,749 1,789,000 0.32%
78 PROCTER AND GAMBLE CO 21,866 1,792,000 0.32%
79 WHOLE FOODS MKT INC 34,460 1,795,000 0.32%
80 ISHARES NASDAQ BIOTECHNOLOGY ETF 3,334 1,849,000 0.33%
81 UNION PAC CORP 17,076 1,850,000 0.33%
82 STARBUCKS CORP 35,496 1,873,000 0.33%
83 SHERWIN WILLIAMS CO 6,808 1,937,000 0.35%
84 PNC FINL SVCS GROUP INC 21,023 1,960,000 0.35%
85 C H ROBINSON WORLDWIDE INC 27,094 1,984,000 0.35%
86 ECOLAB INC 17,383 1,988,000 0.36%
87 MCKESSON CORP 8,833 1,998,000 0.36%
88 UNITED PARCEL SERVICE INC 20,883 2,024,000 0.36%
89 TJX COS INC NEW 29,685 2,079,000 0.37%
90 BERKSHIRE HATHAWAY INC DEL 14,502 2,093,000 0.37%
91 STANLEY BLACK &DECKER INC 21,964 2,094,000 0.37%
92 AMGEN INC 13,102 2,094,000 0.37%
93 KINDER MORGAN INC DEL 49,843 2,096,000 0.37%
94 3M CO 12,779 2,108,000 0.38%
95 CISCO SYS INC 76,700 2,111,000 0.38%
96 PPG INDS INC 9,579 2,160,000 0.39%
97 CARDINAL HEALTH INC 24,225 2,187,000 0.39%
98 AMERIPRISE FINL INC 16,934 2,216,000 0.40%
99 EDISON INTL 36,513 2,281,000 0.41%
100 MEAD JOHNSON NUTRITI 23,010 2,313,000 0.41%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001435346-15-000004, filed 2015.04.16).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.