SoftBank Q2 Holdings: T-Mobile is the top holding, while Full Truck Alliance and NVIDIA positions remain unchanged
SoftBank's position report for the second quarter of 2024 shows a total market value of $19.2 billion, slightly down from the previous quarter. Among the top ten major holdings, T-Mobile US is the largest holding, accounting for 78.35%. They increased their holdings in Manbang Group, cleared out Airspan Networks Holdings, while maintaining other holdings such as NVIDIA and Symbotic unchanged
According to the disclosure from the U.S. Securities and Exchange Commission (SEC) obtained by Zhitong Finance APP, SoftBank submitted its second-quarter holdings report (13F) up to June 30, 2024.
Statistics show that SoftBank's total market value of holdings in the second quarter was $19.2 billion, compared to $19.1 billion in the previous quarter, a decrease of 5% on a quarter-on-quarter basis. The fund added 1 stock to its portfolio, increased holdings in 1 stock, reduced holdings in 2 stocks, and cleared out 1 stock in the second quarter. The top ten holdings accounted for 99.43% of the total market value.
In SoftBank's top ten heavy-weight stocks in the second quarter, large tech giants still dominate. Among the top five heavy-weight stocks, T-Mobile US (TMUS.US) ranked first with 85 million shares, a holding market value of approximately $15.039 billion, accounting for 78.35% of the portfolio, a decrease of 7.31% in the number of shares held compared to the previous quarter.
Symbotic (SYM.US) ranked second with 40 million shares, a holding market value of approximately $1.4 billion, accounting for 7.30% of the portfolio, with no change in the number of shares held compared to the previous quarter.
NVIDIA (NVDA.US) ranked third with 11 million shares, a holding market value of approximately $12.99 billion, accounting for 6.77% of the portfolio, with no change in the number of shares held compared to the previous quarter.
Inter & Co (INTR.US) ranked fourth with 64 million shares, a holding market value of $397 million, accounting for 2.07% of the portfolio, with no change in the number of shares held compared to the previous quarter.
Nu Holdings (NU.US) ranked fifth with 23 million shares, a holding market value of $3.01 billion, accounting for 1.57% of the portfolio, with no change in the number of shares held compared to the previous quarter.
SoftBank initiated a position in Tempus AI (TEM.US) in the second quarter and cleared out Airspan Networks Holdings (MIMOQ.US).
In addition, the institution increased its holdings of Manbang (YMM.US) by 64,000 shares this quarter, a 4.40% increase quarter-on-quarter. It reduced holdings of T-Mobile US and IonQ Inc (IONQ.US) this quarter, cutting T-Mobile by 6.73 million shares, a 7.31% decrease quarter-on-quarter From the perspective of changes in position ratios, the top two buying targets are: Tempus AI and Manbang; the top three selling targets include: T-Mobile US, IonQ Inc, and Airspan Networks Holdings.
