Sumitomo Mitsui Trust Group Sells Salesforce Shares
Sumitomo Mitsui Trust Group trimmed its holding in Salesforce during the fourth quarter, according to a 13F filing. Filmogaz.com reviewed the filing filed with the SEC on April 12, 2026.
Analysts noted the headline Sumitomo Mitsui Trust Group Sells Salesforce Shares as part of the filing. The move formed part of a wider round of portfolio adjustments.
Transaction details
The firm reduced its Salesforce stake by 8.6% in the period. Holdings fell to roughly 2.48 million shares.
| Metric | Value |
|---|---|
| Shares owned | ~2.48 million |
| Reduction | 8.6% |
| Shares sold | 234,110 |
| Market value | $656.7 million |
| Stake of outstanding stock | ~0.26% |
| 13F filing | Q4 2025, filed April 12, 2026 |
Stake changes and filings
Sumitomo Mitsui Trust Group sold 234,110 Salesforce shares during the quarter. After the sale, its stake equaled about 0.26% of outstanding stock.
The filing covered the fourth quarter of 2025. It was submitted to the SEC on April 12, 2026.
Other investor moves
Several other institutional investors adjusted Salesforce positions in the same period. Brighton Jones LLC, Revolve Wealth Partners LLC, and Bison Wealth LLC were among those making changes.
The filings suggest a broader rebalancing among asset managers. Many firms reshuffled holdings amid recent market conditions.
About the companies
Sumitomo Mitsui Trust Group is a major Japanese financial services firm. It manages more than $1 trillion in assets worldwide.
Salesforce is a leading provider of cloud-based customer relationship management software. The company also offers other enterprise applications.
Market implications
The reduction in holdings is relatively modest in absolute terms. Still, it may signal growing caution among institutional investors.
Macro uncertainty could be driving reallocations within the enterprise software sector. Filmogaz.com will monitor further regulatory filings for updates.
