Mizuho Markets Cayman LP expanded or adjusted its equity exposure across several holdings in the first quarter, revealing a pattern of sizable new or increased bets alongside meaningful trims. The fund cut its stake in the iShares 1-3 Year Treasury Bond ETF (SHY) by more than half, while also taking a new or larger position in key tech and growth drivers like ARM Holdings PLC, HA Sustainable Infrastructure Capital, Applied Materials, and Automatic Data Processing. It boosted ARM Holdings PLC Sponsored ADR by nearly 98% to 31,654 shares, signaling renewed conviction in the chip and technology ecosystem. In HA Sustainable Infrastructure Capital, the firm acquired 900,000 shares, placing the REIT among its top 12 holdings. Applied Materials saw a near doubling of the position, with 28,465 shares acquired, making it a mid‑tier holding by weight. Finally, the fund opened a new stake in Automatic Data Processing, purchasing 7,336 shares, reflecting ongoing diversification across services and technology-enabled businesses.