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 | |
|---|---|---|---|---|---|---|
126
Intel
INTC
$466B
| $244M | 0.17% |
10,380,522
+163,478
| +2% | +$4.08M |
|
127
IQVIA
IQV
$34.7B
| $242M | 0.17% |
1,023,264
+38,307
| +4% | +$9.04M |
|
128
Boeing
BA
$165B
| $242M | 0.17% |
1,589,850
+35,068
| +2% | +$6.01M |
|
129
Bristol-Myers Squibb
BMY
$127B
| $241M | 0.17% |
4,653,806
+90,837
| +2% | +$4.26M |
|
130
United Parcel Service
UPS
$97.6B
| $239M | 0.17% |
1,752,700
+14,635
| +0.8% | +$1.92M |
|
131
Cencora
COR
$60.3B
| $238M | 0.17% |
1,059,456
+87,393
| +9% | +$20.3M |
|
132
CrowdStrike
CRWD
$187B
| $237M | 0.16% |
3,384,756
+313,220
| +10% | +$22.2M |
|
|
FISV
133
Fiserv Inc
FISV
$27.2B
| $237M | 0.16% |
1,317,778
+4,218
| +0.3% | +$696K |
|
134
3M
MMM
$89B
| $236M | 0.16% |
1,728,561
+4,201
| +0.2% | +$514K |
|
135
Southern Company
SO
$110B
| $236M | 0.16% |
2,619,995
+82,946
| +3% | +$7.09M |
|
136
CVS Health
CVS
$137B
| $236M | 0.16% |
3,745,405
+3,280
| +0.1% | +$191K |
|
137
Arista Networks
ANET
$219B
| $230M | 0.16% |
2,392,016
+28,088
| +1% | +$2.45M |
|
138
Pinduoduo
PDD
$118B
| $227M | 0.16% |
1,680,380
+232,181
| +16% | +$28.5M |
|
139
Sherwin-Williams
SHW
$78.3B
| $224M | 0.16% |
586,316
+48,013
| +9% | +$16.8M |
|
140
SLB Ltd
SLB
$77.8B
| $222M | 0.15% |
5,283,346
-47,857
| -0.9% | -$2.13M |
|
141
Trane Technologies
TT
$106B
| $220M | 0.15% |
567,079
+4,178
| +0.7% | +$1.45M |
|
142
NXP Semiconductors
NXPI
$68B
| $218M | 0.15% |
908,524
-72,764
| -7% | -$18.2M |
|
143
Zoetis
ZTS
$31.6B
| $217M | 0.15% |
1,112,662
+7,412
| +0.7% | +$1.37M |
|
|
SCHW
144
Charles Schwab
SCHW
$177B
| $217M | 0.15% |
3,346,606
+45,280
| +1% | +$2.97M |
|
145
iShares Core S&P 500 ETF
IVV
$876B
| $212M | 0.15% |
367,927
+131,003
| +55% | +$72.8M |
|
146
CME Group
CME
$92.2B
| $211M | 0.15% |
958,085
+8,561
| +0.9% | +$1.77M |
|
147
Constellation Energy
CEG
$98B
| $209M | 0.14% |
804,015
+33,781
| +4% | +$6.71M |
|
148
Duke Energy
DUK
$102B
| $209M | 0.14% |
1,810,125
+17,847
| +1% | +$1.99M |
|
149
Travelers Companies
TRV
$80.8B
| $209M | 0.14% |
890,910
+8,839
| +1% | +$1.95M |
|
150
Colgate-Palmolive
CL
$72.6B
| $207M | 0.14% |
1,989,776
+23,099
| +1% | +$2.35M |
|
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.