Mitsubishi UFJ Trust & Banking Corp
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), Mitsubishi UFJ Trust & Banking Corp reported 1,087 stock positions worth $42.1 billion. Its top holding was Nvidia (NVDA) at 5.7% of the portfolio, followed by Apple (AAPL, 4.8%) and Microsoft (MSFT, 4.4%). Compared with Q3 2025, it opened 71 new positions, sold out of 87, added to 359 and reduced 637. The biggest buy was Eli Lilly (LLY, shares +3%) and the biggest sale Norfolk Southern (NSC, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- TOKYO, M0
- CIK
- 0001462160
- Portfolio Value
- $42.1B (Q4 2025)
- SEC Filing
- 0001193125-26-030268 ↗ filed Jan 30, 2026
Holdings Value
Holdings 1,087 stocks · $42.1B
| NVDA Nvidia Corp. | 5.72% | 12,913,303 | $2.4B | Reduce -7.6% |
| AAPL Apple Inc. | 4.84% | 7,503,779 | $2.0B | Reduce -8.2% |
| MSFT Microsoft Corp. | 4.39% | 3,824,303 | $1.8B | Reduce -7.3% |
| AMZN Amazon.com Inc. | 3.04% | 5,547,510 | $1.3B | Reduce -5.7% |
| GOOGL Alphabet Inc. Class A | 2.46% | 3,309,986 | $1.0B | Reduce -8.0% |
| META Meta Platforms Inc. Class A | 2.04% | 1,298,242 | $857.0M | Reduce -6.1% |
| GOOG Alphabet Inc. Class C | 1.96% | 2,628,204 | $824.7M | Reduce -10.0% |
| AVGO Broadcom Inc. | 1.73% | 2,099,299 | $726.6M | Reduce -4.2% |
| TSLA Tesla Inc. | 1.37% | 1,286,759 | $578.7M | Reduce -2.7% |
| LLY Eli Lilly & Co. | 1.12% | 439,232 | $472.1M | Add +2.7% |
| JPM JPMorgan Chase & Co. | 1.06% | 1,385,398 | $446.4M | Add +3.9% |
| MA Mastercard Inc. Class A | 0.91% | 667,469 | $381.0M | Add +0.2% |
| V Visa Inc. Class A | 0.88% | 1,056,794 | $370.7M | Reduce -3.9% |
| PDD PDD Holdings Inc. | 0.85% | 3,167,810 | $359.2M | Add +25.5% |
| HTHT H World Group Ltd.-ADR | 0.85% | 7,633,239 | $359.1M | Reduce -4.9% |
| JNJ Johnson & Johnson | 0.82% | 1,660,182 | $343.6M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.75% | 630,588 | $317.0M | Reduce -0.8% |
| NFLX Netflix Inc. | 0.73% | 3,288,211 | $308.3M | Reduce -2.9% |
| DUK Duke Energy Corp. | 0.70% | 2,531,181 | $296.7M | Add +0.4% |
| UNP Union Pacific Corp. | 0.68% | 1,232,868 | $285.2M | Add +61.0% |
| IVV iShares Core S&P 500 ETF | 0.66% | 403,913 | $276.7M | Reduce -10.3% |
| XOM Exxon Mobil Corp. | 0.65% | 2,291,510 | $275.8M | Reduce -12.8% |
| SE Sea Ltd.-ADR | 0.64% | 2,121,622 | $270.7M | Reduce -3.5% |
| NEE Nextera Energy Inc. | 0.64% | 3,331,445 | $267.5M | Reduce -0.1% |
| WMT Walmart Inc. | 0.63% | 2,372,765 | $264.3M | Add +1.4% |
| CSX CSX Corp. | 0.62% | 7,182,173 | $260.4M | Add +18.0% |
| ABBV Abbvie Inc. | 0.59% | 1,092,161 | $249.6M | Reduce -2.9% |
| AEP American Electric Power | 0.57% | 2,097,714 | $241.9M | Reduce -6.1% |
| CSCO Cisco Systems Inc. | 0.49% | 2,665,323 | $205.3M | Reduce -22.2% |
| SRE Sempra | 0.48% | 2,303,372 | $203.4M | Reduce -15.2% |
| COST Costco Wholesale Corp. | 0.48% | 234,701 | $202.4M | Add +2.8% |
| PG The Procter & Gamble Co. | 0.48% | 1,395,900 | $200.0M | Reduce -0.1% |
| MELI MercadoLibre Inc. | 0.47% | 99,080 | $199.6M | Add +6.6% |
| APP AppLovin Corp. Class A | 0.47% | 292,608 | $197.2M | Reduce -5.8% |
| LNG Cheniere Energy Inc. | 0.47% | 1,013,496 | $197.0M | Add +18.3% |
| YMM Full Truck Alliance -SPN ADR | 0.45% | 17,625,617 | $189.1M | Add +65.5% |
| PLTR Palantir Technologies Inc. Class A | 0.43% | 1,023,488 | $181.9M | Reduce -0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 3,277,054 | $180.2M | Add +6.7% |
| XEL Xcel Energy Inc. | 0.42% | 2,408,517 | $177.9M | Reduce -2.8% |
| MRK Merck & Co. Inc. | 0.41% | 1,625,314 | $171.1M | Reduce -33.7% |
| OKE Oneok Inc. | 0.40% | 2,297,858 | $168.9M | Add +3.5% |
| GLD SPDR Gold Shares | 0.40% | 421,700 | $167.1M | Reduce -23.6% |
| UNH Unitedhealth Group Inc. | 0.39% | 500,040 | $165.1M | Reduce -1.2% |
| ORCL Oracle Corp. | 0.39% | 836,340 | $163.0M | Add +0.6% |
| PEP Pepsico Inc. | 0.38% | 1,118,029 | $160.5M | Add +7.3% |
| SBAC SBA Communications Corp. | 0.38% | 828,733 | $160.4M | Reduce -1.0% |
| AMD Advanced Micro Devices | 0.37% | 729,768 | $156.3M | Add +2.4% |
| GE General Electric filed as GE AEROSPACE | 0.37% | 503,104 | $155.0M | Reduce -6.9% |
| KO The Coca-Cola Co. | 0.37% | 2,208,091 | $154.4M | Add +0.9% |
| PCG P G & E Corp. | 0.36% | 9,500,073 | $152.9M | Add +15.5% |
| PM Philip Morris International | 0.36% | 952,135 | $152.7M | Add +11.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.36% | 514,771 | $152.5M | Reduce -18.8% |
| LRCX Lam Research Corp. | 0.36% | 888,463 | $152.1M | Reduce -3.2% |
| CAT Caterpillar Inc. | 0.35% | 257,686 | $147.6M | Add +15.1% |
| HD Home Depot Inc. | 0.35% | 427,213 | $147.0M | Reduce -8.4% |
| BKNG Booking Holdings Inc. | 0.35% | 27,337 | $146.4M | Add +7.3% |
| MU Micron Technology Inc. | 0.35% | 511,761 | $146.1M | Reduce -2.6% |
| D Dominion Energy Inc. | 0.34% | 2,478,103 | $145.2M | Reduce -3.6% |
| ISRG Intuitive Surgical Inc. | 0.34% | 255,523 | $144.7M | Add +3.6% |
| CRM Salesforce Inc. | 0.34% | 535,484 | $141.9M | Reduce -32.9% |
| WFC Wells Fargo & Co. | 0.34% | 1,515,961 | $141.3M | Add +8.7% |
| AGG iShares Core U.S. Aggregate | 0.34% | 1,413,455 | $141.2M | No change |
| CVX Chevron Corp. | 0.33% | 924,069 | $140.8M | Reduce -3.4% |
| QCOM Qualcomm Inc. | 0.32% | 796,814 | $136.3M | Reduce -27.2% |
| ABT Abbott Laboratories | 0.32% | 1,077,751 | $135.0M | Add +1.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.32% | 7,954,136 | $133.2M | Add +5.8% |
| C Citigroup Inc. | 0.32% | 1,137,649 | $132.8M | Reduce -36.9% |
| PEG Public Service Enterprise GP | 0.30% | 1,598,758 | $128.4M | Reduce -2.3% |
| EVRG Evergy Inc. | 0.30% | 1,741,269 | $126.2M | Reduce -8.2% |
| INTU Intuit Inc. | 0.30% | 189,736 | $125.7M | Add +0.7% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 216,728 | $125.6M | Reduce -1.1% |
| ADBE Adobe Inc. | 0.30% | 355,781 | $124.5M | Reduce -27.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 806,667 | $123.9M | Reduce -4.0% |
| T AT&T Inc. | 0.29% | 4,967,958 | $123.4M | Reduce -20.6% |
| GS Goldman Sachs Group Inc. | 0.29% | 138,890 | $122.1M | Reduce -0.4% |
| MCD McDonald's Corp. | 0.28% | 383,595 | $117.2M | Reduce -1.1% |
| ES Eversource Energy | 0.28% | 1,734,168 | $116.8M | Reduce -16.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 1,014,096 | $115.4M | Add +5.2% |
| AMAT Applied Materials Inc. | 0.27% | 444,775 | $114.3M | Reduce -31.9% |
| APH Amphenol Corp. Class A | 0.26% | 823,838 | $111.3M | Add +11.9% |
| ACN Accenture PLC Class A | 0.26% | 410,374 | $110.1M | Reduce -12.2% |
| GILD Gilead Sciences Inc. | 0.26% | 888,971 | $109.1M | Reduce -33.7% |
| RTX RTX Corp. | 0.26% | 590,580 | $108.3M | Add +1.0% |
| LIN Linde PLC | 0.26% | 253,644 | $108.2M | Reduce -7.2% |
| SPOT Spotify Technology SA | 0.25% | 183,380 | $106.5M | Add +2.3% |
| BAP Credicorp Ltd. | 0.25% | 363,084 | $104.3M | Add +24.7% |
| EQIX Equinix Inc. | 0.25% | 135,869 | $104.1M | Reduce -7.1% |
| UBER Uber Technologies Inc. | 0.25% | 1,273,507 | $104.1M | Add +4.3% |
| SPGI S&P Global Inc. | 0.25% | 198,177 | $103.6M | Reduce -4.3% |
| VZ Verizon Communications Inc. | 0.24% | 2,532,454 | $103.1M | Reduce -36.3% |
| KLAC KLA Corp. | 0.24% | 83,110 | $101.0M | Reduce -9.6% |
| TRGP Targa Resources Corp. | 0.24% | 547,321 | $101.0M | Reduce -4.5% |
| ANET Arista Networks Inc. | 0.24% | 770,520 | $101.0M | Reduce -42.8% |
| TXN Texas Instruments Inc. | 0.24% | 573,383 | $99.5M | Reduce -19.7% |
| NET Cloudflare Inc. Class A | 0.23% | 489,545 | $96.5M | Reduce -22.9% |
| AMGN Amgen Inc. | 0.23% | 290,302 | $95.0M | Add +5.2% |
| AMT American Tower Corp. | 0.23% | 540,963 | $95.0M | Add +103.9% |
| MCO Moody's Corp. | 0.22% | 184,215 | $94.1M | Add +9.4% |
| MSI Motorola Solutions Inc. | 0.22% | 244,878 | $93.9M | Add +12.9% |
| WELL Welltower Inc. | 0.22% | 496,263 | $92.1M | Reduce -0.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $20.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 200,000 | $20.0M | No change |
Total filed on the 13F, all lines: $42.1B.
Portfolio Sells Q3 2025 → Q4 2025
| NSC Norfolk Southern Corp. | Reduce -87.6% | 0.06% | −0.42 |
| MSFT Microsoft Corp. | Reduce -7.3% | 4.39% | −0.30 |
| SE Sea Ltd.-ADR | Reduce -3.5% | 0.64% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -6.1% | 2.04% | −0.20 |
| ANET Arista Networks Inc. | Reduce -42.8% | 0.24% | −0.19 |
| NFLX Netflix Inc. | Reduce -2.9% | 0.73% | −0.16 |
| VZ Verizon Communications Inc. | Reduce -36.3% | 0.24% | −0.14 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.13 |
| CMCSA Comcast Corp. Class A | Reduce -50.6% | 0.13% | −0.13 |
| EPAM Epam Systems Inc. | Reduce -92.6% | 0.01% | −0.11 |
| FFIV F5 Inc. | Reduce -70.3% | 0.03% | −0.10 |
| T AT&T Inc. | Reduce -20.6% | 0.29% | −0.10 |
| TEL Te Connectivity PLC | Reduce -45.0% | 0.14% | −0.09 |
| C Citigroup Inc. | Reduce -36.9% | 0.32% | −0.09 |
| FTNT Fortinet Inc. | Reduce -38.7% | 0.14% | −0.09 |
| EBAY eBay Inc. | Reduce -54.9% | 0.08% | −0.09 |
| ADBE Adobe Inc. | Reduce -27.1% | 0.30% | −0.08 |
| HCA HCA Healthcare Inc. | Reduce -54.6% | 0.10% | −0.08 |
| EMB iShares JP Morgan Usd Emergi | Reduce -76.7% | 0.03% | −0.08 |
| CRM Salesforce Inc. | Reduce -32.9% | 0.34% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -27.2% | 0.32% | −0.08 |
| CI The Cigna Group | Reduce -44.0% | 0.10% | −0.08 |
| AZO AutoZone Inc. | Reduce -23.1% | 0.14% | −0.07 |
| NET Cloudflare Inc. Class A | Reduce -22.9% | 0.23% | −0.07 |
| GILD Gilead Sciences Inc. | Reduce -33.7% | 0.26% | −0.07 |
| RBLX Roblox Corp. Class A | Reduce -3.2% | 0.11% | −0.07 |
| HD Home Depot Inc. | Reduce -8.4% | 0.35% | −0.07 |
| CCK Crown Holdings Inc. | Reduce -69.0% | 0.04% | −0.06 |
| HPE Hewlett Packard Enterprise | Reduce -68.3% | 0.03% | −0.06 |
| KR Kroger Co. | Reduce -31.7% | 0.14% | −0.06 |
| DELL Dell Technologies -C | Reduce -42.2% | 0.08% | −0.06 |
| AES AES Corp. | Reduce -78.6% | 0.02% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -40.1% | 0.20% | −0.06 |
| MAS Masco Corp. | Reduce -49.3% | 0.05% | −0.05 |
| KGC Kinross Gold Corp. | Reduce -91.9% | 0.01% | −0.05 |
| SRE Sempra | Reduce -15.2% | 0.48% | −0.05 |
| FAST Fastenal Co. | Reduce -25.3% | 0.10% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -19.7% | 0.24% | −0.05 |
| DASH DoorDash Inc. Class A | Reduce -20.3% | 0.13% | −0.05 |
| JBL Jabil Inc. | Reduce -60.0% | 0.04% | −0.05 |
| K Kellanova | Sold out | 0.00% | −0.05 |
| WSO Watsco Inc. | Reduce -46.5% | 0.05% | −0.05 |
| ELV Elevance Health Inc. | Reduce -35.7% | 0.15% | −0.05 |
| TGT Target Corp. | Reduce -57.6% | 0.05% | −0.05 |
| GLOB Globant SA | Sold out | 0.00% | −0.05 |
| ES Eversource Energy | Reduce -16.8% | 0.28% | −0.05 |
| NRG NRG Energy Inc. | Reduce -38.7% | 0.09% | −0.05 |
| DDOG Datadog Inc. Class A | Reduce -36.6% | 0.09% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -33.7% | 0.41% | −0.05 |
| EA Electronic Arts Inc. | Reduce -35.0% | 0.11% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| LLY Eli Lilly & Co. | Add +2.7% | 1.12% | +0.40 |
| UNP Union Pacific Corp. | Add +61.0% | 0.68% | +0.28 |
| YMM Full Truck Alliance -SPN ADR | Add +65.5% | 0.45% | +0.15 |
| CSX CSX Corp. | Add +18.0% | 0.62% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +3.9% | 1.06% | +0.14 |
| PDD PDD Holdings Inc. | Add +25.5% | 0.85% | +0.12 |
| AMD Advanced Micro Devices | Add +2.4% | 0.37% | +0.12 |
| CAT Caterpillar Inc. | Add +15.1% | 0.35% | +0.12 |
| AMT American Tower Corp. | Add +103.9% | 0.23% | +0.11 |
| ISRG Intuitive Surgical Inc. | Add +3.6% | 0.34% | +0.10 |
| WMT Walmart Inc. | Add +1.4% | 0.63% | +0.10 |
| PCG P G & E Corp. | Add +15.5% | 0.36% | +0.09 |
| BAC Bank of America Corp. | Add +6.7% | 0.43% | +0.08 |
| WFC Wells Fargo & Co. | Add +8.7% | 0.34% | +0.08 |
| BAP Credicorp Ltd. | Add +24.7% | 0.25% | +0.08 |
| MA Mastercard Inc. Class A | Add +0.2% | 0.91% | +0.07 |
| APH Amphenol Corp. Class A | Add +11.9% | 0.26% | +0.06 |
| PEP Pepsico Inc. | Add +7.3% | 0.38% | +0.06 |
| PM Philip Morris International | Add +11.4% | 0.36% | +0.06 |
| AMGN Amgen Inc. | Add +5.2% | 0.23% | +0.05 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +5.8% | 0.32% | +0.05 |
| TPR Tapestry Inc. | Add +58.0% | 0.10% | +0.05 |
| KO The Coca-Cola Co. | Add +0.9% | 0.37% | +0.05 |
| MCO Moody's Corp. | Add +9.4% | 0.22% | +0.05 |
| MNST Monster Beverage Corp. | Add +8.0% | 0.19% | +0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Add +8.2% | 0.17% | +0.05 |
| BKNG Booking Holdings Inc. | Add +7.3% | 0.35% | +0.05 |
| OKE Oneok Inc. | Add +3.5% | 0.40% | +0.05 |
| RPRX Royalty Pharma PLC Class A | Add +16.2% | 0.16% | +0.04 |
| RTX RTX Corp. | Add +1.0% | 0.26% | +0.04 |
| QXO Qxo Inc. | New | 0.04% | +0.04 |
| RKLB Rocket Lab Corp. | Add +15.7% | 0.09% | +0.04 |
| ALL Allstate Corp. | Add +44.7% | 0.12% | +0.04 |
| UPS United Parcel Service Class B | Add +25.9% | 0.10% | +0.04 |
| INSM Insmed Inc. | New | 0.03% | +0.03 |
| FIX Comfort Systems USA Inc. | Add +92.8% | 0.06% | +0.03 |
| IDXX Idexx Laboratories Inc. | Add +21.5% | 0.12% | +0.03 |
| DIS The Walt Disney Co. | Add +5.2% | 0.27% | +0.03 |
| MPC Marathon Petroleum Corp. | Add +54.8% | 0.11% | +0.03 |
| ILMN Illumina Inc. | Add +18.7% | 0.07% | +0.03 |
| CIEN Ciena Corp. | Add +333.5% | 0.04% | +0.03 |
| AXON Axon Enterprise Inc. | Add +84.5% | 0.08% | +0.03 |
| BNY Bank of New York Mellon Corp. | Add +18.4% | 0.10% | +0.03 |
| BEKE Ke Holdings Inc.-ADR | Add +53.7% | 0.10% | +0.03 |
| PH Parker Hannifin Corp. | Add +1.0% | 0.13% | +0.03 |
| MMM 3M Co. | Add +12.0% | 0.14% | +0.03 |
| CME Cme Group Inc. | Add +9.4% | 0.17% | +0.03 |
| BSY Bentley Systems Inc. Class B | Add +239.8% | 0.04% | +0.03 |
| FLEX Flex Ltd. | Add +220.6% | 0.04% | +0.03 |
| LNG Cheniere Energy Inc. | Add +18.3% | 0.47% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,541 | $45.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 1,096 | $40.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 1,087 | $42.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,102 | $45.5B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 1,046 | $43.2B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,062 | $38.4B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,042 | $42.6B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 1,059 | $43.8B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,083 | $42.0B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 1,074 | $43.6B | MSFT, NVDA, AAPL, AMZN, META |