Sumitomo Mitsui Trust Group Portfolio holdings
Sumitomo Mitsui Trust Group, Inc., originally founded in 1924 as Sumitomo Trust Co., Ltd., and headquartered in Tokyo, Japan, is a major Japanese financial holding company that evolved through the 2011 merger of Chuo Mitsui Trust Holdings and Sumitomo Trust and Banking Co., Ltd., forming its core entity, Sumitomo Mitsui Trust Bank. Renamed from Sumitomo Mitsui Trust Holdings in October 2024, it is Japan’s largest trust bank and fifth-largest bank by assets, managing hundreds of billions through services like trust banking, asset management, real estate, and financial brokerage for retail and institutional clients. Distinct from the Sumitomo Mitsui Financial Group despite shared historical roots in the Sumitomo and Mitsui conglomerates, the group emphasizes sustainability and long-term client solutions, operating globally with subsidiaries in cities like New York, London, and Hong Kong. Under leaders like Chairman Kazuo Ohmori, it blends a century-long legacy with modern financial innovation, focusing on pension funds, real estate trusts, and ESG-driven investments.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$122M |
| 2 |
Microsoft
MSFT
|
+$107M |
| 3 |
Apple
AAPL
|
+$96.5M |
| 4 |
Cadence Design Systems
CDNS
|
+$85.8M |
| 5 |
Nu Holdings
NU
|
+$84.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zoom
ZM
|
+$196M |
| 2 |
TE Connectivity
TEL
|
+$107M |
| 3 |
Tesla
TSLA
|
+$104M |
| 4 |
NVIDIA
NVDA
|
+$74M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$72.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.54% |
| 2 | Healthcare | 11.95% |
| 3 | Financials | 11.88% |
| 4 | Consumer Discretionary | 10.26% |
| 5 | Communication Services | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Kinder Morgan
KMI
$73.1B
| $101M | 0.07% |
4,591,311
+29,861
| +0.7% | +$629K |
|
277
Fastenal
FAST
$54B
| $101M | 0.07% |
2,833,256
+35,994
| +1% | +$1.22M |
|
278
PG&E
PCG
$47.8B
| $101M | 0.07% |
5,094,874
+64,794
| +1% | +$1.21M |
|
279
Public Service Enterprise Group
PEG
$39.8B
| $101M | 0.07% |
1,128,433
-9,180
| -0.8% | -$733K |
|
280
iShares Core US Aggregate Bond ETF
AGG
$138B
| $101M | 0.07% |
992,594
| – | – |
|
281
Consolidated Edison
ED
$41.6B
| $101M | 0.07% |
965,203
-43,391
| -4% | -$4.29M |
|
282
Nucor
NUE
$56.4B
| $99.9M | 0.07% |
664,275
+1,470
| +0.2% | +$221K |
|
283
Idexx Laboratories
IDXX
$42.9B
| $99.8M | 0.07% |
197,534
+3,233
| +2% | +$1.57M |
|
284
Agilent Technologies
A
$39.1B
| $98.6M | 0.07% |
663,767
+9,703
| +1% | +$1.33M |
|
285
Royal Caribbean
RCL
$78.7B
| $97.7M | 0.07% |
551,022
-19,565
| -3% | -$3.17M |
|
286
Ferguson
FERG
$44.7B
| $97.5M | 0.07% |
491,033
+60,282
| +14% | +$12.2M |
|
287
Exelon
EXC
$48.6B
| $96.7M | 0.07% |
2,385,715
+39,726
| +2% | +$1.49M |
|
288
CBRE Group
CBRE
$40.8B
| $96.7M | 0.07% |
777,036
+13,801
| +2% | +$1.5M |
|
289
Cheniere Energy
LNG
$56.5B
| $96.6M | 0.07% |
537,167
-7,558
| -1% | -$1.36M |
|
290
Prudential Financial
PRU
$41.7B
| $96.6M | 0.07% |
797,604
+3,000
| +0.4% | +$355K |
|
291
Otis Worldwide
OTIS
$27.4B
| $96.5M | 0.07% |
928,871
-2,582
| -0.3% | -$246K |
|
292
Yum! Brands
YUM
$41B
| $96.3M | 0.07% |
689,631
+20,966
| +3% | +$2.79M |
|
293
Howmet Aerospace
HWM
$116B
| $96.1M | 0.07% |
958,493
+55,118
| +6% | +$4.98M |
|
294
GE HealthCare
GEHC
$27.6B
| $96M | 0.07% |
1,022,396
+23,448
| +2% | +$1.97M |
|
295
Ingersoll Rand
IR
$33B
| $94.5M | 0.07% |
963,167
+2,458
| +0.3% | +$228K |
|
296
Xcel Energy
XEL
$51B
| $94.4M | 0.07% |
1,446,340
-51,490
| -3% | -$3.05M |
|
297
Veracyte
VCYT
$4.52B
| $93.7M | 0.06% |
2,752,383
-429,209
| -13% | -$12.1M |
|
298
Hartford Financial Services
HIG
$38.5B
| $93M | 0.06% |
791,054
-4,649
| -0.6% | -$510K |
|
299
Monster Beverage
MNST
$91.4B
| $92.7M | 0.06% |
1,777,230
-16,955
| -0.9% | -$840K |
|
300
Kraft Heinz
KHC
$30.4B
| $92.6M | 0.06% |
2,638,422
+47,335
| +2% | +$1.63M |
|
Similar funds
Sumitomo Mitsui Trust Group's Q3 2024 Portfolio in Review
As of Q3 2024, Sumitomo Mitsui Trust Group held 1,117 positions worth $144B, up 6.5% from $135B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Sumitomo Mitsui Trust Group's Q3 2024 filing shows 48 new, 542 increased, 383 reduced and 65 closed positions. Its largest new stake was Interactive Brokers: 2,400,416 shares worth $83.6M. The largest sale was Zoom, an estimated $196M.
By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 33% a quarter earlier, followed by Healthcare and Financials.
- Sumitomo Mitsui Trust Group's largest Q3 2024 buy was Interactive Brokers: 2,400,416 shares worth $83.6M.
- Sumitomo Mitsui Trust Group added most to Amazon in Q3 2024, an estimated $122M increase.
- Sumitomo Mitsui Trust Group's biggest Q3 2024 reduction was Zoom, cutting an estimated $196M.
- Sumitomo Mitsui Trust Group fully exited Teladoc Health in Q3 2024, selling an estimated $40.5M.
- Sumitomo Mitsui Trust Group's ten largest holdings make up 29% of its $144B portfolio in Q3 2024.
- Sumitomo Mitsui Trust Group opened 48 new positions and closed 65 in Q3 2024.
- Sumitomo Mitsui Trust Group's portfolio value rose 6.5% quarter-over-quarter to $144B.
Based on Sumitomo Mitsui Trust Group's 13F filing for Q3 2024, filed 5 Nov 2024.