Sumitomo Mitsui Financial (SMFG)

• Market cap: $91.6B
• 1 day: -0.71%
• 5 days: -4.22%
• 1 month: 0.72%
• 3 months: 9.32%
• 6 months: 11.49%
• Year to date: 45.95%
• 1 year: 53.60%
• 5 years: 88.10%
• 10 years: 93.54%

About: Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, its market share of domestic loans was 7.2%, compared with 8.0% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.

Employees: 129,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

38,789% more call options, than puts

Call options by funds: $44.7M | Put options by funds: $115K

35% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 104

22% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 36

3% more funds holding

Funds holding: 319 [Q2] → 327 (+8) [Q3]

1.11% less ownership

Funds ownership: 8.25% [Q2] → 7.14% (-1.11%) [Q3]

34% less capital invested

Capital invested by funds: $1.76B [Q2] → $1.16B (-$600M) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]