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 | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.89T
| $8.14B | 5.59% |
19,337,714
-85,407
| -0.4% | -$34.6M |
|
|
2
Apple
AAPL
$4.76T
| $6.26B | 4.3% |
36,498,256
-1,962,821
| -5% | -$357M |
|
|
3
NVIDIA
NVDA
$5.18T
| $6.23B | 4.28% |
68,954,620
-1,316,090
| -2% | -$95.4M |
|
|
4
Amazon
AMZN
$2.62T
| $4.46B | 3.07% |
24,751,420
+1,040,946
| +4% | +$174M |
|
5
Meta Platforms (Facebook)
META
$1.6T
| $3.01B | 2.06% |
6,194,162
+8,969
| +0.1% | +$4M |
|
6
Alphabet (Google) Class A
GOOGL
$4.25T
| $2.23B | 1.53% |
14,753,428
-34,587
| -0.2% | -$4.95M |
|
|
7
Alphabet (Google) Class C
GOOG
$4.24T
| $2.14B | 1.47% |
14,024,826
-278,625
| -2% | -$40.2M |
|
|
8
Tesla
TSLA
$1.42T
| $1.73B | 1.19% |
9,849,425
+1,125,329
| +13% | +$220M |
|
9
Broadcom
AVGO
$1.88T
| $1.63B | 1.12% |
12,320,240
-232,780
| -2% | -$28.8M |
|
10
Eli Lilly
LLY
$1.04T
| $1.62B | 1.11% |
2,084,795
-18,411
| -0.9% | -$13.1M |
|
11
JPMorgan Chase
JPM
$926B
| $1.45B | 1% |
7,251,851
-254,245
| -3% | -$45.9M |
|
12
UnitedHealth
UNH
$393B
| $1.35B | 0.92% |
2,721,379
-2,891
| -0.1% | -$1.47M |
|
13
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.32B | 0.91% |
3,148,185
+1,430
| +0% | +$562K |
|
14
ExxonMobil
XOM
$640B
| $1.26B | 0.86% |
10,827,329
-55,618
| -0.5% | -$5.82M |
|
15
Visa
V
$677B
| $1.17B | 0.8% |
4,195,271
-64,403
| -2% | -$17.8M |
|
16
Home Depot
HD
$332B
| $1.04B | 0.72% |
2,723,494
-959
| -0% | -$350K |
|
17
Johnson & Johnson
JNJ
$616B
| $1.01B | 0.7% |
6,404,914
-39,760
| -0.6% | -$6.33M |
|
18
Mastercard
MA
$473B
| $1.01B | 0.7% |
2,103,371
-9,823
| -0.5% | -$4.49M |
|
19
Procter & Gamble
PG
$350B
| $988M | 0.68% |
6,087,841
-6,047
| -0.1% | -$948K |
|
20
Merck
MRK
$316B
| $933M | 0.64% |
7,070,287
+296,092
| +4% | +$36.5M |
|
|
21
Coinbase
COIN
$45B
| $909M | 0.62% |
3,428,620
-2,087,647
| -38% | -$376M |
|
22
iShares Gold Trust
IAU
$64.4B
| $893M | 0.61% |
21,249,413
-323,298
| -1% | -$12.7M |
|
23
Advanced Micro Devices
AMD
$906B
| $863M | 0.59% |
4,784,034
-443,323
| -8% | -$77.5M |
|
24
Costco
COST
$410B
| $848M | 0.58% |
1,157,350
+9,195
| +0.8% | +$6.56M |
|
|
XYZ
25
Block Inc
XYZ
$46.3B
| $825M | 0.57% |
9,756,991
-620,982
| -6% | -$44.9M |
|
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.