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 |
Tesla
TSLA
|
+$220M |
| 2 |
Amazon
AMZN
|
+$174M |
| 3 |
Roku
ROKU
|
+$113M |
| 4 |
Unity
U
|
+$87.3M |
| 5 |
Flutter Entertainment
FLUT
|
+$75.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coinbase
COIN
|
+$376M |
| 2 |
Apple
AAPL
|
+$357M |
| 3 |
Twilio
TWLO
|
+$215M |
| 4 |
Zoom
ZM
|
+$114M |
| 5 |
NVIDIA
NVDA
|
+$95.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.11% |
| 2 | Financials | 12.79% |
| 3 | Healthcare | 12.33% |
| 4 | Consumer Discretionary | 9.99% |
| 5 | Communication Services | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
New Mountain Finance
NMFC
$649M
| $3.38M | ﹤0.01% |
267,087
-5,810
| -2% | -$74K |
|
852
iQIYI
IQ
$1.19B
| $3.36M | ﹤0.01% |
793,401
| – | – |
|
853
Alamos Gold
AGI
$12.5B
| $3.35M | ﹤0.01% |
227,169
-144,503
| -39% | -$1.83M |
|
|
PCH
854
DELISTED
PotlatchDeltic
PCH
| $3.35M | ﹤0.01% |
71,193
+4,559
| +7% | +$210K |
|
|
NSA
855
DELISTED
National Storage Affiliates Trust
NSA
| $3.34M | ﹤0.01% |
85,418
-3,492
| -4% | -$131K |
|
856
Emcor
EME
$33B
| $3.31M | ﹤0.01% |
9,450
-391
| -4% | -$105K |
|
857
iShares MSCI South Korea ETF
EWY
$22.5B
| $3.29M | ﹤0.01% |
48,960
+27,509
| +128% | +$1.75M |
|
858
Innovative Industrial Properties
IIPR
$1.78B
| $3.28M | ﹤0.01% |
31,670
-1,415
| -4% | -$135K |
|
859
iShares MSCI Taiwan ETF
EWT
$9.99B
| $3.26M | ﹤0.01% |
66,872
+39,903
| +148% | +$1.84M |
|
860
Valmont Industries
VMI
$9.61B
| $3.16M | ﹤0.01% |
13,825
-434
| -3% | -$97.1K |
|
861
COPT Defense Properties
CDP
$4.34B
| $3.08M | ﹤0.01% |
127,467
-5,644
| -4% | -$137K |
|
862
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $3.01M | ﹤0.01% |
64,796
-31,718
| -33% | -$1.36M |
|
863
LXP Industrial Trust
LXP
$3.52B
| $2.99M | ﹤0.01% |
66,189
-2,926
| -4% | -$133K |
|
864
SITE Centers
SITC
$232M
| $2.96M | ﹤0.01% |
259,281
-12,508
| -5% | -$135K |
|
865
Enterprise Products Partners
EPD
$82.5B
| $2.95M | ﹤0.01% |
101,000
| – | – |
|
|
XHR
866
Xenia Hotels & Resorts
XHR
$2B
| $2.91M | ﹤0.01% |
193,694
-36,920
| -16% | -$515K |
|
|
VLD
867
DELISTED
Velo3D, Inc.
VLD
| $2.86M | ﹤0.01% |
179,351
-15,265
| -8% | -$172K |
|
|
BCPC
868
Balchem Corp
BCPC
$5.29B
| $2.81M | ﹤0.01% |
18,153
-683
| -4% | -$101K |
|
869
MidCap Financial Investment
MFIC
$790M
| $2.74M | ﹤0.01% |
182,130
+1,057
| +0.6% | +$15K |
|
|
CMPS
870
Compass Pathways
CMPS
$1.52B
| $2.72M | ﹤0.01% |
327,204
-37,758
| -10% | -$380K |
|
871
Pinnacle West Capital
PNW
$12.8B
| $2.72M | ﹤0.01% |
36,400
-21,052
| -37% | -$1.48M |
|
872
State Street Energy Select Sector SPDR ETF
XLE
$38.8B
| $2.63M | ﹤0.01% |
55,798
+6,076
| +12% | +$261K |
|
873
Toll Brothers
TOL
$14.1B
| $2.62M | ﹤0.01% |
20,239
+10,439
| +107% | +$1.14M |
|
874
Douglas Emmett
DEI
$2.03B
| $2.61M | ﹤0.01% |
187,883
-983,831
| -84% | -$13.5M |
|
875
KBR
KBR
$4.67B
| $2.59M | ﹤0.01% |
40,726
-47,260
| -54% | -$2.69M |
|
Similar funds
Sumitomo Mitsui Trust Group's Q1 2024 Portfolio in Review
As of Q1 2024, Sumitomo Mitsui Trust Group held 1,169 positions worth $146B, up 7.7% from $135B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Sumitomo Mitsui Trust Group's Q1 2024 filing shows 47 new, 344 increased, 660 reduced and 51 closed positions. Its largest new stake was Flutter Entertainment: 353,002 shares worth $70.4M. The largest sale was Coinbase, an estimated $376M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 30% a quarter earlier, followed by Financials and Healthcare.
- Sumitomo Mitsui Trust Group's largest Q1 2024 buy was Flutter Entertainment: 353,002 shares worth $70.4M.
- Sumitomo Mitsui Trust Group added most to Tesla in Q1 2024, an estimated $220M increase.
- Sumitomo Mitsui Trust Group's biggest Q1 2024 reduction was Coinbase, cutting an estimated $376M.
- Sumitomo Mitsui Trust Group fully exited Splunk Inc in Q1 2024, selling an estimated $59.9M.
- Sumitomo Mitsui Trust Group's ten largest holdings make up 26% of its $146B portfolio in Q1 2024.
- Sumitomo Mitsui Trust Group opened 47 new positions and closed 51 in Q1 2024.
- Sumitomo Mitsui Trust Group's portfolio value rose 7.7% quarter-over-quarter to $146B.
Based on Sumitomo Mitsui Trust Group's 13F filing for Q1 2024, filed 19 Apr 2024.