Hikari Power 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABORATORIES	COM	002824100	3,108	69,200	SH		DFND	1	69,200	0	0
ABBVIE INC	COM	00287Y109	4,248	71,700	SH		DFND	1	71,700	0	0
AIR PRODS & CHEMS INC	COM	009158106	716	5,500	SH		DFND	1	5,500	0	0
ALPHABET INC	CL A	38259P508	1,611	2,070	SH		DFND	1	2,070	0	0
ALPHABET INC	CL C	38259P706	26,336	34,704	SH		DFND	1	0	0	34,704
ALTRIA GROUP INC	COM	02209S103	862	14,800	SH		DFND	1	14,800	0	0
AMERICAN EXPRESS CO	COM	025816109	139	2,000	SH		DFND	1	2,000	0	0
AMGEN INC	COM	31162100	3,133	19,300	SH		DFND	1	19,300	0	0
Anheuser-Busch InBev	SPONSORED ADR	03524A108	22,813	182,500	SH		DFND	1	182,500	0	0
ANSYS INC	COM	03662Q105	1,129	12,200	SH		DFND	1	12,200	0	0
APPLE INC	COM	037833100	1,579	15,000	SH		DFND	1	15,000	0	0
BAKER HUGHES INC	COM	57224107	429	9,300	SH		DFND	1	9,300	0	0
BARD C R INC	COM	067383109	648	3,420	SH		DFND	1	3,420	0	0
BECTON DICKINSON & CO	COM	075887109	8,567	55,600	SH		DFND	1	55,600	0	0
BERKSHIRE HATHAWAY INC	CL A	084670108	123,032	622	SH		DFND	1	622	0	0
BIOGEN INC	COM	09062X103	858	2,800	SH		DFND	1	2,800	0	0
CANADIAN NATL RY CO	COM	136375102	788	14,100	SH		DFND	1	14,100	0	0
CARDINAL HEALTH	COM	14149Y108	475	5,320	SH		DFND	1	5,320	0	0
CELGENE CORP	COM	151020104	2,072	17,300	SH		DFND	1	17,300	0	0
CERNER CORP	COM	156782104	391	6,500	SH		DFND	1	6,500	0	0
CF INDS HLDGS INC	COM	125269100	322	7,900	SH		DFND	1	7,900	0	0
CHICAGO BRIDGE & IRON CO N V	N Y REGISTRY SH	167250109	8,640	221,600	SH		DFND	1	221,600	0	0
CISCO SYSTEMS INC	COM	17275R102	9,371	345,100	SH		DFND	1	345,100	0	0
COCA COLA CO	COM	191216100	41,349	962,500	SH		DFND	1	962,500	0	0
COSTCO WHSL CORP	COM	22160K105	775	4,800	SH		DFND	1	4,800	0	0
DANAHER CORP	COM	235851102	6,158	66,300	SH		DFND	1	66,300	0	0
DAVITA HEALTHCARE PARTNERS INC	COM	23918K108	19,066	273,500	SH		DFND	1	273,500	0	0
DEERE & COMPANY	COM	244199105	8,100	106,200	SH		DFND	1	106,200	0	0
DIAMOND OFFSHORE DRILLING INC	COM	25271C102	2,319	109,900	SH		DFND	1	109,900	0	0
ECOLAB INC	COM	278865100	1,784	15,600	SH		DFND	1	15,600	0	0
EXPRESS SCRIPTS HOLDING INC	COM	30219G108	525	6,000	SH		DFND	1	6,000	0	0
EXXON MOBIL CORPORATION	COM	30231G102	15,380	197,300	SH		DFND	1	197,300	0	0
FACEBOOK INC	CL A	30303M102	733	7,000	SH		DFND	1	7,000	0	0
FASTENAL CO	COM	311900104	833	20,400	SH		DFND	1	20,400	0	0
GENERAL ELECTRIC CO	COM	369604103	25,590	821,500	SH		DFND	1	821,500	0	0
GILEAD SCIENCES INC	COM	375558103	6,557	64,800	SH		DFND	1	64,800	0	0
GREENLIGHT CAPITAL RE LTD	COM	G4095J109	509	27,200	SH		DFND	1	27,200	0	0
IDEXX LABORATORIES	COM	45168D104	1,380	18,920	SH		DFND	1	18,920	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	53,520	388,900	SH		DFND	1	388,900	0	0
INTUITIVE SURGICAL INC	COM	46120E602	9,951	18,220	SH		DFND	1	18,220	0	0
JOHNSON & JOHNSON	COM	478160104	16,805	163,600	SH		DFND	1	163,600	0	0
KEURIG GREEN MTN INC	COM	49271M100	11,158	124,000	SH		DFND	1	124,000	0	0
LAS VEGAS SANDS CORP	COM	517834107	3,100	70,700	SH		DFND	1	70,700	0	0
KRAFT HEINZ COMPANY	COM	500754106	5,115	70,300	SH		DFND	1	70,300	0	0
MARRIOTT INTL INC	COM	571903202	409	6,100	SH		DFND	1	6,100	0	0
MASTERCARD INC	CL A	57636Q104	974	10,000	SH		DFND	1	10,000	0	0
McCORMICK & CO INC	COM NON VTG	579780206	616	7,200	SH		DFND	1	0	0	7,200
MCDONALDS CORP	COM	580135101	2,971	25,150	SH		DFND	1	25,150	0	0
MEDTRONIC INC	COM	585055106	7,484	97,300	SH		DFND	1	97,300	0	0
MICROSOFT CORP	COM	594918104	11,201	201,900	SH		DFND	1	201,900	0	0
MONDELEZ INTL INC	CL A	609207105	1,309	29,200	SH		DFND	1	29,200	0	0
MONSANTO CO	COM	61166W101	7,399	75,100	SH		DFND	1	75,100	0	0
MOSAIC CO	COM	61945C103	317	11,500	SH		DFND	1	11,500	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	5,204	155,400	SH		DFND	1	155,400	0	0
NESTLE	SPONSORED ADR	641069406	7,970	107,100	SH		DFND	1	107,100	0	0
NORTH ATLANTIC DRILLING LTD	COM	G6613P202	273	111,100	SH		DFND	1	111,100	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	409	4,750	SH		DFND	1	4,750	0	0
NOVO-NORDISK A S	SPONSORED ADR	670100205	25,671	442,000	SH		DFND	1	442,000	0	0
NOW INC	COM	67011P100	881	55,675	SH		DFND	1	55,675	0	0
PHILLIPS 66	COM	718546104	13,554	165,700	SH		DFND	1	165,700	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	466	5,300	SH		DFND	1	5,300	0	0
POTASH CORP SASK INC	COM	73755L107	6,846	399,900	SH		DFND	1	399,900	0	0
PRAXAIR INC	COM	74005P104	8,827	86,200	SH		DFND	1	86,200	0	0
PRECISION CASTPARTS CORP	COM	740189105	928	4,000	SH		DFND	1	4,000	0	0
PROCTER & GAMBLE CO	COM	742718109	1,406	17,700	SH		DFND	1	17,700	0	0
QUALCOMM INC	COM	747525103	2,144	42,900	SH		DFND	1	42,900	0	0
QUALYS INC	COM	74758T303	53	1,607	SH		DFND	1	1,607	0	0
RESTAURANT BRANDS INTL INC	COM	76131D103	418	11,200	SH		DFND	1	11,200	0	0
ROCHE HOLDING A G	SPONSORED ADR	771195104	838	24,300	SH		DFND	1	24,300	0	0
SABMILLER PLC	SPONSORED ADR	78572M105	5,280	88,100	SH		DFND	1	88,100	0	0
SANOFI	SPONSORED ADR	80105N105	13,226	310,100	SH		DFND	1	310,100	0	0
SEADRILL LTD	COM	G7945E105	113	33,200	SH		DFND	1	33,200	0	0
STERICYCLE INC	COM	858912108	4,185	34,700	SH		DFND	1	34,700	0	0
SUNCOR ENERGY INC	COM	867224107	1,073	41,600	SH		DFND	1	41,600	0	0
THE WALT DISNEY CO	COM	254687106	746	7,100	SH		DFND	1	7,100	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	610	4,300	SH		DFND	1	4,300	0	0
TRANSCOCEAN LTD	COM	H8817H100	833	67,300	SH		DFND	1	67,300	0	0
UNION PACIFIC CORP	COM	907818108	5,325	68,100	SH		DFND	1	68,100	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	4,285	44,600	SH		DFND	1	44,600	0	0
VALEANT PHAMACEUTICALS INTL	COM	91911K102	3,690	36,300	SH		DFND	1	36,300	0	0
VARIAN MED SYS INC.	COM	92220P105	8,815	109,100	SH		DFND	1	109,100	0	0
VISA INC	CL A	92826C839	13,331	171,900	SH		DFND	1	171,900	0	0
WAL-MART STORES INC	COM	931142103	8,153	133,000	SH		DFND	1	133,000	0	0
WELLS FARGO & CO	COM	949746101	93,477	1,719,600	SH		DFND	1	1,719,600	0	0
ZOETIS INC	CL A	98978V103	8,789	183,400	SH		DFND	1	183,400	0	0