Sumitomo Mitsui Trust Group Trims Newmont Stake

Institutional investor reduces holdings in major gold mining company

Apr. 12, 2026 at 11:05am

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An extreme close-up of gleaming, textured gold mining equipment and machinery, conveying the physical, industrial nature of a major gold producer's operations.Sumitomo Mitsui Trust Group's reduced stake in Newmont reflects broader shifts in investor sentiment around the gold mining industry.Greenwood Village Today

Sumitomo Mitsui Trust Group Inc. lowered its stake in Newmont Corporation (NYSE:NEM) by 6.8% in the fourth quarter, according to a recent SEC filing. The institutional investor now owns 2,962,051 shares of the basic materials company's stock, worth approximately $295.8 million.

Why it matters

Newmont is one of the world's largest gold mining companies, so changes in major institutional ownership can signal shifts in investor sentiment around the gold industry and broader commodity markets.

The details

Sumitomo Mitsui Trust Group reduced its position in Newmont by selling 216,647 shares during the fourth quarter. The firm now owns approximately 0.27% of Newmont's outstanding stock. Several other large investors also made changes to their Newmont holdings during the period, with some increasing and others decreasing their positions.

  • Sumitomo Mitsui Trust Group filed its 13F report for the fourth quarter on April 12, 2026.
  • The filing discloses the firm's holdings as of December 31, 2025.

The players

Sumitomo Mitsui Trust Group Inc.

A major Japanese financial services group and institutional investor.

Newmont Corporation

A leading global gold mining company headquartered in Colorado.

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The takeaway

Shifts in institutional ownership of major gold miners like Newmont can provide insights into broader investor sentiment around the precious metals sector and commodity markets.