13F Insight
DOSSIER · 13F-HR · Q2 2026

SBI Holdings USA, Inc.

$101M in tracked AUM across 1 positions as of Q2 2026.

SH
CIK 0002107413 · last filed Jun 30, 2026
Total AUM
$101M
as of Q2 2026
Holdings
1
—
positions
Whale Score
69
69
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026
Portfolio Overview

SBI Holdings USA, Inc.’s 13F as of 2025-12-31 discloses a single long equity holding with a total reported long-equity portfolio value of $127.99 million and 1 holding. The filing shows 100.0% of disclosed 13F assets invested in one issuer. At $127.99M the reported portfolio is modest in institutional terms but large relative to a single-stock exposure. The implied average market value per share in this filing is approximately $79.50 ($127.99M / 1.61M shares). Note: 13F fili...

Key Holding — CRCL (Circle Internet Group Inc.)
  • Size and weight: CRCL represents $127.99M and 1.61M shares, i.e., 100.0% of the disclosed portfolio.
  • Significance: Because the entire disclosed portfolio is allocated to CRCL, the firm’s reported long-equity performance, risk and liquidity characteristics will track CRCL exclusively. Any material price movement in CRCL immediately and proportionally affects the reported portfolio value.
  • Implied price reference: The filing implies an average market valuation of about $79.50 per share for the 1.61M shares on the report date.
Sector Allocation
  • Sector concentration: 100.0% exposure to Financial Services (per the filing’s sector classification).
  • Implication: The filer has an extreme sector tilt to Financial Services, with no exposure to other sectors in this 13F disclosure. This creates high sector-concentration risk and increases sensitivity to sector-specific shocks (regulatory changes, interest-rate moves, sector sentiment).
Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
CRCL
CIRCLE INTERNET GROUP INC
$101M1.6M100.0%

Filing history

2026Q2Jun 30
$101M▼ 34.4%
1 positionsView →2026Q1Mar 31
$154M▲ 20.3%
1 positionsView →2025Q4Dec 31
$128M—
1 positionsView →