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
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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
3M CO	COM	88579Y101	19,893	111,400	SH		DFND	1	111,400	0	0
ACADIA PHARMACEUTICALS INC	COM	004225108	1,730	60,000	SH		DFND	1	60,000	0	0
ALLERGAN PLC	SPONSORED ADR	G0177J108	12,496	59,500	SH		DFND	1	59,500	0	0
ALPHABET INC	CL C	38259P706	3,010	3,900	SH		DFND	1	0	0	3,900
AMERICAN EXPRESS CO	COM	025816109	1,304	17,600	SH		DFND	1	17,600	0	0
AMGEN INC	COM	031162100	6,901	47,200	SH		DFND	1	47,200	0	0
Anheuser-Busch InBev	SPONSORED ADR	03524A108	633	6,000	SH		DFND	1	6,000	0	0
BECTON DICKINSON & CO	COM	075887109	4,652	28,100	SH		DFND	1	28,100	0	0
BERKSHIRE HATHAWAY INC	CL A	084670108	170,641	699	SH		DFND	1	699	0	0
BIOGEN INC	COM	09062X103	7,090	25,000	SH		DFND	1	25,000	0	0
Boeing CO	COM	097023105	11,816	75,900	SH		DFND	1	75,900	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	4,015	68,700	SH		DFND	1	68,700	0	0
CELGENE CORP	COM	151020104	8,311	71,800	SH		DFND	1	71,800	0	0
CHICAGO BRIDGE & IRON CO N V	N Y REGISTRY SH	167250109	7,049	222,000	SH		DFND	1	222,000	0	0
CISCO SYSTEMS INC	COM	17275R102	7,105	235,100	SH		DFND	1	235,100	0	0
COCA COLA CO	COM	191216100	1,907	46,000	SH		DFND	1	46,000	0	0
DANAHER CORP	COM	235851102	16,378	210,400	SH		DFND	1	210,400	0	0
DAVITA HEALTHCARE PARTNERS INC	COM	23918K108	18,547	288,900	SH		DFND	1	288,900	0	0
DEERE & COMPANY	COM	244199105	5,193	50,400	SH		DFND	1	50,400	0	0
DIAMOND OFFSHORE DRILLING INC	COM	25271C102	1,945	109,900	SH		DFND	1	109,900	0	0
EXXON MOBIL CORPORATION	COM	30231G102	10,063	111,493	SH		DFND	1	111,493	0	0
FORTIVE CORP	COM	34959J108	5,642	105,200	SH		DFND	1	105,200	0	0
GILEAD SCIENCES INC	COM	375558103	2,793	39,000	SH		DFND	1	39,000	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	79,244	477,400	SH		DFND	1	477,400	0	0
INTUITIVE SURGICAL INC	COM	46120E602	4,928	7,770	SH		DFND	1	7,770	0	0
JOHNSON & JOHNSON	COM	478160104	19,805	171,900	SH		DFND	1	171,900	0	0
KRAFT HEINZ COMPANY	COM	500754106	1,687	19,320	SH		DFND	1	19,320	0	0
LIGAND PHARMACEUTICALS INC	COM	53220K504	1,016	10,000	SH		DFND	1	10,000	0	0
MASTERCARD INC	CL A	57636Q104	1,033	10,000	SH		DFND	1	10,000	0	0
MCDONALDS CORP	COM	580135101	1,225	10,060	SH		DFND	1	10,060	0	0
MEDTRONIC INC	COM	585055106	4,487	63,000	SH		DFND	1	63,000	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	16,707	446,240	SH		DFND	1	446,240	0	0
NESTLE	SPONSORED ADR	641069406	2,970	41,400	SH		DFND	1	41,400	0	0
NOVO-NORDISK A S	SPONSORED ADR	670100205	14,746	411,200	SH		DFND	1	411,200	0	0
NOW INC	COM	67011P100	1,140	55,675	SH		DFND	1	55,675	0	0
PHILLIPS 66	COM	718546104	24,722	286,100	SH		DFND	1	286,100	0	0
POTASH CORP SASK INC	COM	73755L107	14,924	825,000	SH		DFND	1	825,000	0	0
PRAXAIR INC	COM	74005P104	17,698	151,020	SH		DFND	1	151,020	0	0
ROCHE HOLDING A G	SPONSORED ADR	771195104	4,879	171,000	SH		DFND	1	171,000	0	0
ROPER TECHNOGIES INC	COM	776696106	12,925	70,600	SH		DFND	1	70,600	0	0
SANOFI	SPONSORED ADR	80105N105	7,777	192,300	SH		DFND	1	192,300	0	0
STERICYCLE INC	COM	858912108	10,015	130,000	SH		DFND	1	130,000	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	12,409	113,200	SH		DFND	1	113,200	0	0
UNITED THERAPEUTICS CORP	COM	91307C102	2,854	19,900	SH		DFND	1	19,900	0	0
US BANCORP	COM	902973304	5,800	112,900	SH		DFND	1	111,290	0	0
VISA INC	CL A	92826C839	13,412	171,900	SH		DFND	1	171,900	0	0
WELLS FARGO & CO	COM	949746101	98,178	1,781,500	SH		DFND	1	1,781,500	0	0