Sumitomo Mitsui Trust Group, Inc., a registered investment adviser, initiated a new position in Robinhood Markets, Inc. (NASDAQ:HOOD) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 6,180,596 shares of the Financial Services company, valued at approximately $699.0M as of the filing date.
Robinhood Markets, Inc.'s stock currently trades at $107.60 with a market capitalization of $109.2B.
