Qualcomm Shares Sold by Sumitomo Mitsui Trust Group

Institutional investor trims stake in wireless tech giant

Apr. 12, 2026 at 10:53am

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A high-contrast, close-up image of the intricate machinery and components that make up a high-tech semiconductor facility, conveying the industrial scale and technical complexity behind Qualcomm's wireless innovations.Qualcomm's semiconductor manufacturing operations power the wireless technologies that shape modern communication.San Diego Today

Sumitomo Mitsui Trust Group Inc. reduced its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 2.2% in the fourth quarter, according to a recent SEC filing. The fund owned 3,299,893 shares of the wireless technology company's stock as of its most recent filing.

Why it matters

Qualcomm is a major player in the semiconductor and wireless technology industries, so changes in institutional ownership of its shares can provide insights into broader market trends and investor sentiment around the company.

The details

Sumitomo Mitsui Trust Group sold 75,721 Qualcomm shares during the fourth quarter, bringing its total stake down to 3,299,893 shares, or 0.31% of the company's outstanding stock. The move comes as Qualcomm shares have faced some analyst downgrades and price target cuts in recent months amid broader market volatility.

  • Sumitomo Mitsui Trust Group filed its Q4 2025 disclosure with the SEC on April 12, 2026.

The players

Sumitomo Mitsui Trust Group Inc.

A major Japanese financial services group that manages over $1 trillion in assets globally.

Qualcomm Incorporated

A leading global semiconductor and telecommunications equipment company headquartered in San Diego, California.

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What they’re saying

“Qualcomm's stock has faced some headwinds recently, but the company remains a leader in wireless technology and a key supplier to the mobile industry.”

— Analyst

The takeaway

While Sumitomo Mitsui Trust Group has trimmed its Qualcomm stake, the company continues to be a major institutional investor in the wireless tech giant. Qualcomm's performance will likely remain a closely watched indicator of broader trends in the semiconductor and mobile technology sectors.