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 | |
|---|---|---|---|---|---|---|
101
Philip Morris
PM
$301B
| $301M | 0.21% |
3,287,532
-25,919
| -0.8% | -$2.39M |
|
102
Vertex Pharmaceuticals
VRTX
$121B
| $300M | 0.21% |
718,410
+7,794
| +1% | +$3.29M |
|
103
Chubb
CB
$140B
| $299M | 0.21% |
1,154,916
-13,802
| -1% | -$3.39M |
|
104
SLB Ltd
SLB
$77.8B
| $299M | 0.21% |
5,448,951
-6,288
| -0.1% | -$317K |
|
105
CVS Health
CVS
$137B
| $298M | 0.2% |
3,734,320
+18,790
| +0.5% | +$1.44M |
|
106
Cigna
CI
$76.6B
| $295M | 0.2% |
811,673
+1,544
| +0.2% | +$508K |
|
107
Invesco QQQ Trust
QQQ
$455B
| $293M | 0.2% |
660,856
+51,643
| +8% | +$22.1M |
|
108
TJX Companies
TJX
$170B
| $285M | 0.2% |
2,807,678
-24,055
| -0.8% | -$2.33M |
|
109
Medtronic
MDT
$107B
| $280M | 0.19% |
3,207,374
+8,118
| +0.3% | +$693K |
|
110
Rockwell Automation
ROK
$51.4B
| $278M | 0.19% |
955,574
+54,948
| +6% | +$15.8M |
|
111
Lockheed Martin
LMT
$134B
| $278M | 0.19% |
611,178
-10,628
| -2% | -$4.66M |
|
112
Morgan Stanley
MS
$337B
| $276M | 0.19% |
2,931,728
-36,551
| -1% | -$3.22M |
|
113
Bristol-Myers Squibb
BMY
$127B
| $275M | 0.19% |
5,074,466
-519,626
| -9% | -$26.5M |
|
114
Amphenol
APH
$188B
| $275M | 0.19% |
4,770,668
-242,952
| -5% | -$12.7M |
|
|
SCHW
115
Charles Schwab
SCHW
$177B
| $273M | 0.19% |
3,769,682
+7,531
| +0.2% | +$496K |
|
116
Automatic Data Processing
ADP
$100B
| $266M | 0.18% |
1,064,136
+6,426
| +0.6% | +$1.57M |
|
117
American Tower
AMT
$77.7B
| $265M | 0.18% |
1,339,721
+98,667
| +8% | +$19.7M |
|
118
United Parcel Service
UPS
$97.6B
| $264M | 0.18% |
1,774,141
-13,534
| -0.8% | -$2.06M |
|
119
CrowdStrike
CRWD
$187B
| $257M | 0.18% |
3,202,696
-64,972
| -2% | -$4.97M |
|
|
MRSH
120
Marsh
MRSH
$86.3B
| $257M | 0.18% |
1,246,035
-15,542
| -1% | -$3.1M |
|
121
IQVIA
IQV
$34.7B
| $256M | 0.18% |
1,013,710
-25,726
| -2% | -$6.01M |
|
122
Starbucks
SBUX
$118B
| $256M | 0.18% |
2,797,795
-3,441
| -0.1% | -$320K |
|
123
Gilead Sciences
GILD
$161B
| $255M | 0.18% |
3,484,702
+10,218
| +0.3% | +$786K |
|
124
Boston Scientific
BSX
$65.8B
| $255M | 0.18% |
3,725,525
-9,509
| -0.3% | -$611K |
|
125
Public Storage
PSA
$60.2B
| $254M | 0.17% |
874,161
-5,612
| -0.6% | -$1.61M |
|
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.