Sumitomo Mitsui Trust Group, Inc., a registered investment adviser, initiated a new position in Netflix, Inc. (NASDAQ:NFLX) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 12,099,908 shares of the Communication Services company, valued at approximately $1.1B as of the filing date.
Netflix, Inc.'s stock currently trades at $84.81 with a market capitalization of $398.7B.
