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 |
Invesco QQQ Trust
QQQ
|
+$174M |
| 2 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$85.5M |
| 3 |
Palantir
PLTR
|
+$65.4M |
| 4 |
Twilio
TWLO
|
+$55.1M |
| 5 |
Synopsys
SNPS
|
+$45.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.05B |
| 2 |
Microsoft
MSFT
|
+$797M |
| 3 |
NVIDIA
NVDA
|
+$455M |
| 4 |
Amazon
AMZN
|
+$362M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$276M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.22% |
| 2 | Healthcare | 13.37% |
| 3 | Financials | 11.73% |
| 4 | Consumer Discretionary | 10.34% |
| 5 | Industrials | 7.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Gilead Sciences
GILD
$161B
| $266M | 0.21% |
3,453,897
-434,927
| -11% | -$34.7M |
|
102
Blackrock
BLK
$164B
| $265M | 0.21% |
383,824
-54,119
| -12% | -$36.2M |
|
103
Morgan Stanley
MS
$337B
| $261M | 0.2% |
3,060,039
-490,248
| -14% | -$41.9M |
|
104
Mondelez International
MDLZ
$77.7B
| $260M | 0.2% |
3,562,623
-584,335
| -14% | -$43.2M |
|
105
American Tower
AMT
$77.7B
| $257M | 0.2% |
1,326,255
-47,359
| -3% | -$9.26M |
|
106
Vertex Pharmaceuticals
VRTX
$121B
| $254M | 0.2% |
722,041
-123,186
| -15% | -$41.5M |
|
107
Public Storage
PSA
$60.2B
| $251M | 0.2% |
861,275
-96,622
| -10% | -$28.2M |
|
108
Trimble
TRMB
$12.3B
| $251M | 0.2% |
4,744,662
-184,264
| -4% | -$9.01M |
|
109
Robinhood
HOOD
$85.2B
| $250M | 0.19% |
25,039,807
+724,776
| +3% | +$6.75M |
|
110
Cigna
CI
$76.6B
| $249M | 0.19% |
887,298
-114,731
| -11% | -$29.9M |
|
|
EXAS
111
DELISTED
Exact Sciences
EXAS
| $248M | 0.19% |
2,644,850
-1,133,545
| -30% | -$88.4M |
|
112
Intercontinental Exchange
ICE
$82.4B
| $248M | 0.19% |
2,188,735
-351,180
| -14% | -$38M |
|
113
Teradyne
TER
$54.8B
| $247M | 0.19% |
2,219,885
+329,154
| +17% | +$33M |
|
114
TJX Companies
TJX
$170B
| $245M | 0.19% |
2,893,220
-408,202
| -12% | -$32.2M |
|
115
T-Mobile US
TMUS
$193B
| $245M | 0.19% |
1,760,494
-317,819
| -15% | -$44.6M |
|
|
MRSH
116
Marsh
MRSH
$86.3B
| $244M | 0.19% |
1,297,084
-194,719
| -13% | -$34.6M |
|
117
Automatic Data Processing
ADP
$100B
| $241M | 0.19% |
1,094,744
-200,322
| -15% | -$43.2M |
|
118
Regeneron Pharmaceuticals
REGN
$68.8B
| $240M | 0.19% |
333,401
-39,737
| -11% | -$30.6M |
|
119
Toronto Dominion Bank
TD
$198B
| $238M | 0.19% |
3,841,552
-754,645
| -16% | -$45.4M |
|
120
Microchip Technology
MCHP
$42.8B
| $235M | 0.18% |
2,628,086
-219,245
| -8% | -$17.3M |
|
121
Citigroup
C
$222B
| $234M | 0.18% |
5,072,122
-337,463
| -6% | -$15.8M |
|
122
Chubb
CB
$140B
| $233M | 0.18% |
1,209,542
-156,382
| -11% | -$30.6M |
|
123
Realty Income
O
$61.2B
| $226M | 0.18% |
3,784,652
+332,782
| +10% | +$20.3M |
|
124
Micron Technology
MU
$1.04T
| $225M | 0.18% |
3,563,727
-749,825
| -17% | -$48.2M |
|
125
Lam Research
LRCX
$382B
| $225M | 0.17% |
3,492,700
-690,320
| -17% | -$38.9M |
|
Similar funds
Sumitomo Mitsui Trust Group's Q2 2023 Portfolio in Review
As of Q2 2023, Sumitomo Mitsui Trust Group held 1,181 positions worth $128B, down 4.3% from $134B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Sumitomo Mitsui Trust Group withdrew a net $15.3B in Q2 2023, closing 48 positions and reducing 828 holdings. Its most notable exit was Shaw Communications Inc., an estimated $38.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Sumitomo Mitsui Trust Group opened a new position in Invesco QQQ Trust worth $191M.
- Sumitomo Mitsui Trust Group's largest Q2 2023 buy was Invesco QQQ Trust: 517,382 shares worth $191M.
- Sumitomo Mitsui Trust Group added most to Palantir in Q2 2023, an estimated $65.4M increase.
- Sumitomo Mitsui Trust Group's biggest Q2 2023 reduction was Apple, cutting an estimated $1.05B.
- Sumitomo Mitsui Trust Group fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $38.9M.
- Sumitomo Mitsui Trust Group's ten largest holdings make up 24% of its $128B portfolio in Q2 2023.
- Sumitomo Mitsui Trust Group opened 35 new positions and closed 48 in Q2 2023.
- Sumitomo Mitsui Trust Group's portfolio value fell 4.3% quarter-over-quarter to $128B.
Based on Sumitomo Mitsui Trust Group's 13F filing for Q2 2023, filed 31 Jul 2023.