Softbank Group Corp Q3 Portfolio Shifts: Major TSM Sale, New COF & LIF Positions

As part of its investment strategy, Softbank Group Corp (SBGC) made several notable adjustments to its portfolio during the third quarter ending June 30, 2026.

Major Sale: Reduction in Taiwan Semiconductor Manufacturing Ltd. (TSM)

The most significant change this quarter was a substantial reduction in Softbank's position in Taiwan Semiconductor Manufacturing Ltd.. According to the filing, SBGC decreased its holdings by 1,420,000 shares, representing an unprecedented -71.54% change from the previous period's allocation for this stock. This indicates a major divestment activity focused on exiting Technology sector exposure through TSM.

New Positions: Capital One Financial Corp (COF) and Life360 Inc. (LIF)

Softbank also demonstrated strong conviction in new investment opportunities during Q3 2026. The investor disclosed two significant buys, adding a considerable amount to its portfolio:

• Capital One Financial Corp (COF): SBGC acquired all 276,811 shares held at the end of the previous quarter. This suggests that either no shares were previously owned or this was a new position initiated with full holdings established in Q3.
• Life360 Inc (LIF): SBGC made its first appearance holding shares of this Technology sector company, acquiring all 10,178 shares in a brand new position.

Other Portfolio Changes and Holdings

Beyond these major shifts, Softbank's portfolio saw other changes during the quarter:

• Nu Holdings Ltd. (G6683N103): The investor maintained this position, with no change in shares or value reported from the prior period.
• Webtoon Entertainment Inc (WBTN) and others: These holdings remained unchanged during Q3 2026, with zero change in shares reported for several large positions.

Overall Portfolio Activity Summary

This quarter's filing highlights a dynamic investment approach by Softbank Group Corp. The investor simultaneously engaged in major selling (notably TSM) and significant buying activities, including establishing entirely new positions like LIF and acquiring a substantial position in COF. These actions reflect the ongoing process of rebalancing and refining its investment strategy.

No Disclosed Activity for Certain Categories

Softbank did not disclose any changes related to specific sectors or other holdings in this filing. For instance, there is no information provided about activities concerning QXO Inc, which remains unchanged from the prior period.