Tokio Marine Asset Management 13F: New $10M Stake in SNDK

On October 26, 2026, Tokio Marine Asset Management disclosed it took a new position of 5,773 shares in Sandisk Corporation (SNDK), valued at approximately $10 million. This information comes from the fund's latest Form 13F filing with the SEC.

SNDK Sandisk Corporation

$1,238.03 ▲ +349.80% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Tokio Marine Asset Management's Sandisk Position

Tokio Marine Asset Management opened a new position in Sandisk, acquiring 5,773 shares. The reported value of this new stake is about $10,044,385. This move indicates a fresh interest in the technology sector, specifically in data storage solutions, which Sandisk specializes in.

Where Sandisk Fits in Tokio Marine's Portfolio

This new position accounts for 0.69% of Tokio Marine's total reported value of about $1.46 billion, ranking it 25th among the fund's 503 positions.

Other Institutional Activity in Sandisk

On the same day, Ag2R la Mondiale Gestion D'Actifs took a new position of 7,061 shares in Sandisk, valued at approximately $12.3 million. Meanwhile, Gf Fund Management reduced its holdings by 245,955 shares, bringing its total to 79,727 shares valued at about $138.7 million. Clear Street Group Inc. and Situational Awareness LP have also made notable adjustments to their positions in Sandisk recently.

Sandisk Corporation Stock Up 1.4%

As of October 26, 2026, Sandisk shares closed at $1,255.58, which is about equal to the recent trading price of $1,255.77. The stock is currently below its 50-day moving average by about 20.8% but trades above its 200-day moving average by 1.2%. Notably, it is significantly below its 52-week high of $2,354.39, indicating potential value for investors.

Recent Earnings

Sandisk reported trailing twelve-month revenue of approximately $20.25 billion, with a net margin of 56.5% and a return on equity of 91.6%. The next earnings report is scheduled for October 29, 2026, which could provide further insights into the company's performance and outlook.

Insider Buying and Selling at Sandisk Corporation

Several insiders have sold shares recently. On September 8, 2026, Officer Bernard Shek sold 2,308 shares for about $4,078,998. Chief Executive Officer David V. Goeckeler sold 33,838 shares on September 14, 2026, valued at approximately $51,700,130. These transactions indicate ongoing insider activity, although it does not necessarily reflect negative sentiments about the company's future.

Analysts Set New Price Targets

On October 26, 2026, Cantor Fitzgerald maintained its overweight rating on Sandisk with a price target of $2,200. Earlier, Mizuho maintained an outperform rating with a target of $2,050. The consensus among analysts is a buy, with a mean price target of $2,143.83, suggesting analysts see considerable potential for the stock moving forward.

About Sandisk

Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology. Headquartered in Milpitas, California, Sandisk is a key player in the technology sector, particularly in the computer hardware industry. This new investment from Tokio Marine Asset Management reflects the company's continued relevance in a growing market.

Bottom Line

Investors should keep an eye on Sandisk's upcoming earnings report on October 29, 2026, as well as any further filings from Tokio Marine Asset Management to see how its new position evolves. With a significant number of analysts rating the stock as a buy, there may be more developments to watch in the coming weeks.