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
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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	33,559	193,600	SH		DFND	1	193,600	0	0
ACADIA PHARMACEUTICALS INC	COM	004225108	495	18,535	SH		DFND	1	18,535	0	0
ADVANCED ENERGY INDUSTRIES INC	COM	007973100	205	3,650	SH		DFND	1	3,650	0	0
AKARI THERAPEUTICS PLC	COM	00972G108	2,828	1,400,096	SH		DFND	1	1,400,096	0	0
ALDEYRA THERAPEUTICS INC	COM	01438T106	267	44,520	SH		DFND	1	44,520	0	0
ALLERGAN PLC	SPONSORED ADR	G0177J108	32,766	195,700	SH		DFND	1	195,700	0	0
ALPHABET INC CLASS C	CL C	38259P706	4,216	3,900	SH		DFND	1	0	0	3,900
ALPINE IMMUNE SCIENCES INC	COM	02083G100	511	121,363	SH		DFND	1	121,363	0	0
ALTRIA GROUP INC	COM	02209S103	11,637	245,770	SH		DFND	1	245,770	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	221	2,590	SH		DFND	1	2,590	0	0
AMGEN INC	COM	031162100	6,201	33,650	SH		DFND	1	33,650	0	0
ANAVEX LIFE SCIENCES CORP	COM	032797300	587	174,080	SH		DFND	1	174,080	0	0
ANHEUSER-BUSCH INBEV NV	SPONSORED ADR	03524A108	10,958	123,800	SH		DFND	1	123,800	0	0
APPLIED MATERIALS INC	COM	038222105	208	4,630	SH		DFND	1	4,630	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	13,995	316,990	SH		DFND	1	316,990	0	0
BECTON DICKINSON & CO	COM	075887109	6,041	23,970	SH		DFND	1	23,970	0	0
BERKSHIRE HATHAWAY INC CLASS A	CL A	084670108	237,171	745	SH		DFND	1	745	0	0
BERKSHIRE HATHAWAY INC CLASS B	CL B	084670702	576	2,700	SH		DFND	1	2,700	0	0
BHP BILLITON PLC	COM	05545E209	11,547	225,930	SH		DFND	1	225,930	0	0
BIOGEN INC	COM	09062X103	3,305	14,130	SH		DFND	1	14,130	0	0
BOEING CO	COM	097023105	21,076	57,900	SH		DFND	1	57,900	0	0
BRITISH AMERICAN TOBACCO PLC	COM	110448107	675	19,350	SH		DFND	1	19,350	0	0
CALITHERA BIOSCIENCES,INC	COM	13089P101	195	50,000	SH		DFND	1	50,000	0	0
CELGENE CORP	COM	151020104	3,289	35,580	SH		DFND	1	35,580	0	0
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	2,188	48,300	SH		DFND	1	48,300	0	0
CIGNA CORPORATION	COM	125509109	4,146	26,316	SH		DFND	1	26,316	0	0
CISCO SYSTEMS INC	COM	17275R102	5,686	103,900	SH		DFND	1	103,900	0	0
COCA COLA CO	COM	191216100	2,342	46,000	SH		DFND	1	46,000	0	0
COLGATE-PALMOLIVE COMPANY	COM	194162103	10,184	142,090	SH		DFND	1	142,090	0	0
CORCEPT THERAPEUTICS INC	COM	218352102	187	16,790	SH		DFND	1	16,790	0	0
CORVUS PHARMACEUTICALS INC	COM	221015100	486	130,000	SH		DFND	1	130,000	0	0
DANAHER CORP	COM	235851102	30,842	215,800	SH		DFND	1	215,800	0	0
DAVITA HEALTHCARE PARTNERS INC	COM	23918K108	2,387	42,420	SH		DFND	1	42,420	0	0
DEUTSCHE X-TRACKERS HARVEST CSI 300 CHINA A-SHARES FUND	ETF	233051879	7,407	263,040	SH		DFND	1	263,040	0	0
DIAMOND OFFSHORE DRILLING INC	COM	25271C102	312	35,200	SH		DFND	1	35,200	0	0
DYNAVAX TECHNOLOGIES CORPORATION	COM	268158201	421	105,573	SH		DFND	1	105,573	0	0
ECOLAB INC	COM	278865100	415	2,100	SH		DFND	1	2,100	0	0
EMCOR GROUP INC	COM	29084Q100	226	2,570	SH		DFND	1	2,570	0	0
EQUIFAX INC	COM	294429AN5	377	2,790	SH		DFND	1	2,790	0	0
EVOLUS INC	COM	30052C107	1,001	68,500	SH		DFND	1	68,500	0	0
EXXON MOBIL CORPORATION	COM	30231G102	10,598	138,303	SH		DFND	1	138,303	0	0
FORTIVE CORP	COM	34959J108	11,551	141,700	SH		DFND	1	141,700	0	0
FTS INTERNATIONAL INC	COM	30283W104	104	18,640	SH		DFND	1	18,640	0	0
GAMESTOP CORP-CLASS A	CL A	36467W109	121	22,120	SH		DFND	1	22,120	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	11,595	1,104,300	SH		DFND	1	1,104,300	0	0
GENERAL MILLS,INC	COM	370334104	3,792	72,200	SH		DFND	1	72,200	0	0
GILEAD SCIENCES INC	COM	375558103	5,690	84,220	SH		DFND	1	84,220	0	0
GRAFTECH INTERNATIONAL LTD	COM	384313508	163	14,150	SH		DFND	1	14,150	0	0
HP INC	COM	40434L105	204	9,790	SH		DFND	1	9,790	0	0
H&R BLOCK INC	COM	093671105	222	7,590	SH		DFND	1	7,590	0	0
INNOVIVA INC	COM	45781M101	209	14,340	SH		DFND	1	14,340	0	0
INTERNATIONAL BUSINESS MACHINES CORP	COM	459200101	3,132	22,710	SH		DFND	1	22,710	0	0
INTUITIVE SURGICAL INC	COM	46120E602	9,783	18,650	SH		DFND	1	18,650	0	0
INTL FLAVORS & FRAGRANCES	COM	459506101	474	3,270	SH		DFND	1	3,270	0	0
ISHARES CORE HIGH DIVIDEND ETF	ETF	46429B663	2,758	29,190	SH		DFND	1	29,190	0	0
ISHARES MSCI RUSSIA ETF	ETF	46434G798	309	7,850	SH		DFND	1	7,850	0	0
ISHARES MSCI SOUTH KOREA ETF	ETF	464286772	422	7,050	SH		DFND	1	7,050	0	0
ISHARES NASDAQ BIOTECHNOLOGY	ETF	464287556	3,547	32,510	SH		DFND	1	32,510	0	0
JACK HENRY & ASSOCIATES INC	COM	426281101	1,835	13,700	SH		DFND	1	13,700	0	0
JOHNSON & JOHNSON	COM	478160104	43,680	313,610	SH		DFND	1	313,610	0	0
THE KRAFT HEINZ COMPANY	COM	500754106	1,287	41,450	SH		DFND	1	41,450	0	0
LINDE PUBLIC LIMITED COMPANY	COM	G5494J103	30,325	151,020	SH		DFND	1	151,020	0	0
MANPOWERGROUP INC	COM	56418H100	222	2,300	SH		DFND	1	2,300	0	0
MASTERCARD INC	CL A	57636Q104	2,645	10,000	SH		DFND	1	10,000	0	0
MC DERMOTT INTERNATIONAL,INC	COM	580037703	730	75,600	SH		DFND	1	75,600	0	0
MEDTRONIC INC	COM	585055106	7,470	76,700	SH		DFND	1	76,700	0	0
MERITOR INC	COM	59001K100	205	8,470	SH		DFND	1	8,470	0	0
MERSANA THERAPEUTICS INC	COM	59045L106	365	90,246	SH		DFND	1	90,246	0	0
THE MICHAELS COS INC	COM	59408Q106	134	15,450	SH		DFND	1	15,450	0	0
MOODYS CORPORATION	COM	20775CZK3	10,049	51,450	SH		DFND	1	51,450	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	976	43,900	SH		DFND	1	43,900	0	0
NDAQ US	COM	631103108	1,077	11,200	SH		DFND	1	11,200	0	0
NEKTAR THERAPEUTICS	COM	640268108	210	5,900	SH		DFND	1	5,900	0	0
NESTLE SA	SPONSORED ADR	641069406	23,485	227,130	SH		DFND	1	227,130	0	0
NIC INC	COM	62914B100	186	11,620	SH		DFND	1	11,620	0	0
NOVO NORDISK A/S	SPONSORED ADR	670100205	10,861	212,790	SH		DFND	1	212,790	0	0
NOW INC	COM	67011P100	822	55,675	SH		DFND	1	55,675	0	0
NUTRIEN LTD	COM	67077M108	17,445	326,310	SH		DFND	1	326,310	0	0
OMNICOM GROUP INC	COM	681919106	661	8,070	SH		DFND	1	8,070	0	0
PHILLIPS 66	COM	718546104	14,178	151,570	SH		DFND	1	151,570	0	0
PRESTIGE CONSUMER HEALTHCARE	COM	74112D101	220	6,960	SH		DFND	1	6,960	0	0
THE PROCTER&GAMBLE COMPANY	COM	742718109	10,126	92,350	SH		DFND	1	92,350	0	0
PROTEOSTASIS THERAPEUTICS IN	COM	74373B109	23	23,367	SH		DFND	1	23,367	0	0
REVANCE THERAPEUTICS INC	COM	761330109	1,039	80,100	SH		DFND	1	80,100	0	0
ROCHE HOLDING AG	SPONSORED ADR	771195104	5,851	166,700	SH		DFND	1	166,700	0	0
ROPER TECHNOLOGIES INC	COM	776696106	25,858	70,600	SH		DFND	1	70,600	0	0
ROYAL DUTCH SHELL PLC CLASS B	CL B	780259107	7,511	114,250	SH		DFND	1	114,250	0	0
SESEN BIO INC	COM	817763105	318	211,855	SH		DFND	1	211,855	0	0
SIERRA ONCOLOGY INC	COM	82640U107	141	252,100	SH		DFND	1	252,100	0	0
SOPHIRIS BIO INC	COM	83578Q209	254	300,900	SH		DFND	1	300,900	0	0
SPRING BANK PHARMACEUTICALS	COM	849431101	226	61,336	SH		DFND	1	61,336	0	0
STERICYCLE INC	COM	858912108	2,836	59,400	SH		DFND	1	59,400	0	0
STORE CAPITAL CORPORATION	REIT	862121100	1,218	36,700	SH		DFND	1	36,700	0	0
SYNCHRONY FINANCIAL	COM	87165B103	218	6,300	SH		DFND	1	6,300	0	0
TEGNA INC	COM	87901J105	185	12,180	SH		DFND	1	12,180	0	0
TG THERAPEUTICS INC	COM	88322Q108	433	50,000	SH		DFND	1	50,000	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	294	1,000	SH		DFND	1	1,000	0	0
THE TRAVELERS COMPANIES INC	COM	893939AE8	224	1,500	SH		DFND	1	1,500	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	1,946	14,950	SH		DFND	1	14,950	0	0
US BANCORP	COM	902973304	6,580	125,570	SH		DFND	1	125,570	0	0
VANGUARD CONSUMER STAPLES ETF	ETF	92204A207	6,040	40,600	SH		DFND	1	40,600	0	0
VANGUARD FTSE EMERGING MARKETS ETF	ETF	922042858	4,279	100,610	SH		DFND	1	100,610	0	0
VANGUARD HEALTH CARE ETF	ETF	92204A504	1,164	6,690	SH		DFND	1	6,690	0	0
VANGUARD S&P 500 ETF	ETF	922908363	11,880	44,140	SH		DFND	1	44,140	0	0
VANGUARD SMALL- CAP ETF	ETF	922908751	1,811	11,560	SH		DFND	1	11,560	0	0
VANGUARD SHORT-TERM BOND ETF	ETF	921937827	9,229	114,600	SH		DFND	1	114,600	0	0
VECTOR GROUP LTD	COM	92240M108	184	18,890	SH		DFND	1	18,890	0	0
VIKING THERAPEUTICS IN	COM	92686J106	415	50,000	SH		DFND	1	50,000	0	0
VISA INC CLASS A	CL A	92826C839	26,605	153,300	SH		DFND	1	153,300	0	0
WABTEC CORPORATION	COM	929740108	15,443	215,200	SH		DFND	1	215,200	0	0
WATERS CORPORATION	COM	941848103	11,268	52,350	SH		DFND	1	52,350	0	0
WEIGHT WATCHERS INTL INC	COM	948626106	202	10,600	SH		DFND	1	10,600	0	0
WELLS FARGO & CO	COM	949746101	68,417	1,445,840	SH		DFND	1	1,445,840	0	0
ZAFGEN INC	COM	98885E103	179	150,521	SH		DFND	1	150,521	0	0
ZOETIS INC	COM	98978V103	1,021	9,000	SH		DFND	1	9,000	0	0