Sumitomo Mitsui DS Asset Management Company 13F: Adds $4.9M to TSLA Stake

Sumitomo Mitsui DS Asset Management increased its holdings in Tesla, Inc. (NASDAQ:TSLA) during the quarter, lifting its stake by 1.4 million shares or similar terms? No, exactly as the data shows: the fund added 13,717 shares. That information comes from a Form 13F filing with the Securities and Exchange Commission published on October 20, 2026.

TSLA Tesla, Inc.

$375.70 ▼ -14.24% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Sumitomo Mitsui DS Asset Management's Tesla Position

The asset manager grew its investment by 3.4%, bringing its total share count to 417,691 shares. That position had a reported value of $148,200,944 at the time of the filing, up from 403,974 shares previously.

Tesla, Inc. Stock Up 5.4%

Tesla shares closed at $373.71 on October 20, 2026. The stock recently traded around $373.73 as of October 21, 2026, putting it about equal to that filing-day close. The share price sits 3.7% above its 50-day moving average of $360.25, while remaining 25.1% below its 52-week high of $498.83.

Recent Earnings

The electric vehicle maker reported trailing twelve month revenue of $103.62 billion alongside earnings of $1.08 per share. The company posted a net profit margin of 3.7% and a return on equity of 4.7%. Its next earnings report is scheduled for October 21, 2026.

Insider Buying and Selling at Tesla, Inc.

Company insiders completed several transactions prior to the filing date. On April 30, 2026, director Kathleen Wilson Thompson held 26,409 shares. Chief Financial Officer Vaibhav Taneja executed multiple sales, starting on May 13, 2026, when he parted with 3,000 shares at $450.00 apiece for a total of $1.35 million. He later sold 2,605 shares on June 8, 2026, at an average price of $402.20, and another 2,605 shares on September 8, 2026, at $360.13.

Analysts Set New Price Targets

Wall street firms adjusted their views on the stock ahead of the filing. On October 7, 2026, UBS maintained its neutral rating and lifted its target to $391.00. Tigress Financial kept a buy rating and a $550.00 target on October 8, 2026, while Jefferies maintained a hold rating with a $400.00 target on October 12, 2026. GLJ Research reiterated a sell rating with a $24.86 target on October 15, 2026, and Cantor Fitzgerald reiterated an overweight rating with a $485.00 target on October 20, 2026. Overall, the stock carries a consensus buy recommendation with a mean target price of $397.83 across 38 analyst opinions.

About Tesla

Tesla, Inc. designs, builds, and sells electric vehicles and energy storage systems across global markets, alongside offering solar products and automotive insurance services. Institutional allocation updates like this give market watchers a clear view of how large asset managers adjust their exposure to the prominent auto manufacturer.

Bottom Line

Investors will look closely at upcoming quarterly results and future SEC filings to see how institutional appetite for the automaker shifts. No investment advice is implied by these ownership disclosures.