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	37,006	209,760	SH		DFND	1	209,760	0	0
ABBVIE INC	COM	00287Y109	216	2,440	SH		DFND	1	2,440	0	0
ADVANCED ENERGY INDUSTRIES INC	COM	007973100	260	3,650	SH		DFND	1	3,650	0	0
AKARI THERAPEUTICS PLC	COM	00972G108	2,625	1,500,096	SH		DFND	1	1,500,096	0	0
ALDEYRA THERAPEUTICS INC	COM	01438T106	465	80,020	SH		DFND	1	80,020	0	0
ALLERGAN PLC	SPONSORED ADR	G0177J108	37,412	195,700	SH		DFND	1	195,700	0	0
ALLISON TRANSMISSION HOLDINGS INC	COM	01973R101	206	4,270	SH		DFND	1	4,270	0	0
ALPHABET INC CLASS C	CL C	38259P706	8,102	6,060	SH		DFND	1	0	0	6,060
ALPINE IMMUNE SCIENCES INC	COM	02083G100	712	185,287	SH		DFND	1	185,287	0	0
ALTRIA GROUP INC	COM	02209S103	13,873	277,960	SH		DFND	1	277,960	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	220	2,590	SH		DFND	1	2,590	0	0
AMGEN INC	COM	031162100	8,112	33,650	SH		DFND	1	33,650	0	0
ANAVEX LIFE SCIENCES CORP	COM	032797300	1,112	429,200	SH		DFND	1	429,200	0	0
ANHEUSER-BUSCH INBEV NV	SPONSORED ADR	03524A108	7,687	93,700	SH		DFND	1	93,700	0	0
APPLIED MATERIALS INC	COM	038222105	283	4,630	SH		DFND	1	4,630	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	16,070	319,290	SH		DFND	1	319,290	0	0
BECTON DICKINSON & CO	COM	075887109	6,519	23,970	SH		DFND	1	23,970	0	0
BERKSHIRE HATHAWAY INC CLASS A	CL A	084670108	258,088	760	SH		DFND	1	760	0	0
BERKSHIRE HATHAWAY INC CLASS B	CL B	084670702	612	2,700	SH		DFND	1	2,700	0	0
BHP BILLITON PLC	COM	05545E209	10,621	225,930	SH		DFND	1	225,930	0	0
BIOGEN INC	COM	09062X103	252	850	SH		DFND	1	850	0	0
BOEING CO	COM	097023105	18,862	57,900	SH		DFND	1	57,900	0	0
BRITISH AMERICAN TOBACCO PLC	COM	110448107	919	21,650	SH		DFND	1	21,650	0	0
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	2,042	48,300	SH		DFND	1	48,300	0	0
CIGNA CORPORATION	COM	125509109	5,381	26,316	SH		DFND	1	26,316	0	0
CISCO SYSTEMS INC	COM	17275R102	4,983	103,900	SH		DFND	1	103,900	0	0
COCA COLA CO	COM	191216100	2,546	46,000	SH		DFND	1	46,000	0	0
CORCEPT THERAPEUTICS INC	COM	218352102	203	16,790	SH		DFND	1	16,790	0	0
CORVUS PHARMACEUTICALS INC	COM	221015100	435	80,000	SH		DFND	1	80,000	0	0
DANAHER CORP	COM	235851102	33,121	215,800	SH		DFND	1	215,800	0	0
DAVITA HEALTHCARE PARTNERS INC	COM	23918K108	302	4,020	SH		DFND	1	4,020	0	0
DELUXE CORP	COM	248019101	215	4,300	SH		DFND	1	4,300	0	0
DEUTSCHE X-TRACKERS HARVEST CSI 300 CHINA A-SHARES FUND	ETF	233051879	8,053	271,680	SH		DFND	1	271,680	0	0
DIAMOND OFFSHORE DRILLING INC	COM	25271C102	253	35,200	SH		DFND	1	35,200	0	0
DYNAVAX TECHNOLOGIES CORPORATION	COM	268158201	604	105,573	SH		DFND	1	105,573	0	0
ECOLAB INC	COM	278865100	405	2,100	SH		DFND	1	2,100	0	0
EMCOR GROUP INC	COM	29084Q100	222	2,570	SH		DFND	1	2,570	0	0
EXXON MOBIL CORPORATION	COM	30231G102	13,450	192,750	SH		DFND	1	192,750	0	0
FACEBOOK INC CLASS A	CL A	30303M102	205	1,000	SH		DFND	1	1,000	0	0
FIAT CHRYSLER AUTOMOBILES NV	COM	N31738102	490	33,350	SH		DFND	1	33,350	0	0
FORTIVE CORP	COM	34959J108	11,038	144,500	SH		DFND	1	144,500	0	0
FTS INTERNATIONAL INC	COM	30283W104	19	18,640	SH		DFND	1	18,640	0	0
GAMESTOP CORP-CLASS A	CL A	36467W109	134	22,120	SH		DFND	1	22,120	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	561	50,280	SH		DFND	1	50,280	0	0
GENERAL MILLS INC	COM	370334104	353	6,600	SH		DFND	1	6,600	0	0
GILEAD SCIENCES INC	COM	375558103	1,407	21,650	SH		DFND	1	21,650	0	0
GRAFTECH INTERNATIONAL LTD	COM	384313508	164	14,150	SH		DFND	1	14,150	0	0
HP INC	COM	40434L105	201	9,790	SH		DFND	1	9,790	0	0
INNOVIVA INC	COM	45781M101	203	14,340	SH		DFND	1	14,340	0	0
INTERNATIONAL BUSINESS MACHINES CORP	COM	459200101	2,843	21,210	SH		DFND	1	21,210	0	0
INTUITIVE SURGICAL INC	COM	46120E602	11,025	18,650	SH		DFND	1	18,650	0	0
ISHARES CORE HIGH DIVIDEND ETF	ETF	46429B663	3,341	34,070	SH		DFND	1	34,070	0	0
ISHARES MSCI RUSSIA ETF	ETF	46434G798	335	7,850	SH		DFND	1	7,850	0	0
ISHARES MSCI SOUTH KOREA ETF	ETF	464286772	1,875	30,150	SH		DFND	1	30,150	0	0
ISHARES NASDAQ BIOTECHNOLOGY	ETF	464287556	3,918	32,510	SH		DFND	1	32,510	0	0
JACK HENRY & ASSOCIATES INC	COM	426281101	1,996	13,700	SH		DFND	1	13,700	0	0
JOHNSON & JOHNSON	COM	478160104	45,863	314,410	SH		DFND	1	314,410	0	0
KLA-TENCOR CORP	COM	482480100	287	1,610	SH		DFND	1	1,610	0	0
THE KRAFT HEINZ COMPANY	COM	500754106	2,037	63,400	SH		DFND	1	63,400	0	0
LAM RESEARCH CORP	COM	512807108	298	1,020	SH		DFND	1	1,020	0	0
LINDE PUBLIC LIMITED COMPANY	COM	G5494J103	32,152	151,020	SH		DFND	1	151,020	0	0
MANPOWERGROUP INC	COM	56418H100	223	2,300	SH		DFND	1	2,300	0	0
MASTERCARD INC	CL A	57636Q104	2,986	10,000	SH		DFND	1	10,000	0	0
MEDTRONIC INC	COM	585055106	8,702	76,700	SH		DFND	1	76,700	0	0
MERITOR INC	COM	59001K100	222	8,470	SH		DFND	1	8,470	0	0
METLIFE INC	COM	59156R108	1,058	20,760	SH		DFND	1	20,760	0	0
THE MICHAELS COS INC	COM	59408Q106	125	15,450	SH		DFND	1	15,450	0	0
MOODYS CORPORATION	COM	20775CZK3	12,215	51,450	SH		DFND	1	51,450	0	0
NASDAQ INC	COM	631103108	1,200	11,200	SH		DFND	1	11,200	0	0
NESTLE SA	SPONSORED ADR	641069406	24,589	227,130	SH		DFND	1	227,130	0	0
NIC INC	COM	62914B100	260	11,620	SH		DFND	1	11,620	0	0
NOVO NORDISK A/S	SPONSORED ADR	670100205	6,766	116,900	SH		DFND	1	116,900	0	0
NUTRIEN LTD	COM	67077M108	15,634	326,310	SH		DFND	1	326,310	0	0
OMNICOM GROUP INC	COM	681919106	654	8,070	SH		DFND	1	8,070	0	0
PHILLIPS 66	COM	718546104	16,886	151,570	SH		DFND	1	151,570	0	0
PRESTIGE CONSUMER HEALTHCARE	COM	74112D101	282	6,960	SH		DFND	1	6,960	0	0
THE PROCTER&GAMBLE COMPANY	COM	742718109	2,170	17,370	SH		DFND	1	17,370	0	0
RAYTHEON COMPANY	COM	755111507	237	1,080	SH		DFND	1	1,080	0	0
ROCHE HOLDING AG	SPONSORED ADR	771195104	9,040	222,320	SH		DFND	1	222,320	0	0
ROPER TECHNOLOGIES INC	COM	776696106	25,009	70,600	SH		DFND	1	70,600	0	0
ROYAL DUTCH SHELL PLC CLASS B	CL B	780259107	9,635	160,660	SH		DFND	1	160,660	0	0
SEAGATE TECHNOLOGY	COM	G7945M107	238	4,000	SH		DFND	1	4,000	0	0
SESEN BIO INC	COM	817763105	220	211,855	SH		DFND	1	211,855	0	0
SIERRA ONCOLOGY INC	COM	82640U107	171	500,138	SH		DFND	1	500,138	0	0
SOPHIRIS BIO INC	COM	83578Q209	111	300,900	SH		DFND	1	300,900	0	0
SPDR PORT SHRT TRM TRSRY	ETF	78468R101	11,280	376,500	SH		DFND	1	376,500	0	0
SPRING BANK PHARMACEUTICALS	COM	849431101	207	131,271	SH		DFND	1	131,271	0	0
STAMPS.COM INC	COM	852857200	215	2,580	SH		DFND	1	2,580	0	0
STERICYCLE INC	COM	858912108	676	10,600	SH		DFND	1	10,600	0	0
STORE CAPITAL CORPORATION	REIT	862121100	1,367	36,700	SH		DFND	1	36,700	0	0
SYNCHRONY FINANCIAL	COM	87165B103	227	6,300	SH		DFND	1	6,300	0	0
TEGNA INC	COM	87901J105	203	12,180	SH		DFND	1	12,180	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	325	1,000	SH		DFND	1	1,000	0	0
THE TRAVELERS COMPANIES INC	COM	893939AE8	205	1,500	SH		DFND	1	1,500	0	0
US BANCORP	COM	902973304	7,552	127,370	SH		DFND	1	127,370	0	0
VANGUARD CONSUMER STAPLES ETF	ETF	92204A207	6,545	40,600	SH		DFND	1	40,600	0	0
VANGUARD FTSE EMERGING MARKETS ETF	ETF	922042858	5,754	129,390	SH		DFND	1	129,390	0	0
VANGUARD HEALTH CARE ETF	ETF	92204A504	1,787	9,320	SH		DFND	1	9,320	0	0
VANGUARD S&P 500 ETF	ETF	922908363	15,071	50,950	SH		DFND	1	50,950	0	0
VANGUARD SHORT-TERM BOND ETF	ETF	921937827	9,238	114,600	SH		DFND	1	114,600	0	0
VANGUARD SMALL- CAP ETF	ETF	922908751	2,402	14,500	SH		DFND	1	14,500	0	0
VECTOR GROUP LTD	COM	92240M108	266	19,834	SH		DFND	1	19,834	0	0
VIACOMCBC INC	CL B	92556H206	325	7,755	SH		DFND	1	0	0	7,755
VISA INC CLASS A	CL A	92826C839	28,805	153,300	SH		DFND	1	153,300	0	0
WABTEC CORPORATION	COM	929740108	10,625	136,570	SH		DFND	1	136,570	0	0
WATERS CORPORATION	COM	941848103	9,475	40,550	SH		DFND	1	40,550	0	0
WEIGHT WATCHERS INTL INC	COM	948626106	405	10,600	SH		DFND	1	10,600	0	0
WELLS FARGO & CO	COM	949746101	88,226	1,639,880	SH		DFND	1	1,639,880	0	0
WESTERN DIGITAL CORP	COM	958102105	242	3,810	SH		DFND	1	3,810	0	0
ZAFGEN INC	COM	98885E103	223	200,621	SH		DFND	1	200,621	0	0
ZOETIS INC	COM	98978V103	609	4,600	SH		DFND	1	4,600	0	0