Sumitomo Mitsui Asset Management Company, LTD Buys Broadcom, NVIDIA, Simon Property Group, Sells Alphabet, Red Hat, Intuit

• New Purchases: LITE, FNSR, TTD, FIT, INVH, TAL, COR, TWLO, PK, SNAP,
• Added Positions: AVGO, NVDA, SPG, MU, JNK, PSA, EMB, CDNS, FB, NUAN,
• Reduced Positions: GOOGL, RHT, INTU, PANW, EQR, DATA, NOW, CERN, VMW, HCN,
• Sold Out: AMBA, MSTR, STOR, LHO, EQY, EDU, SE, STJ, LLTC, RDY,

For the details of Sumitomo Mitsui Asset Management Company, LTD's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Sumitomo+Mitsui+Asset+Management+Company%2C+LTD

1. Facebook Inc (FB) - 1,110,070 shares, 2.68% of the total portfolio. Shares added by 12.39%
2. Tesla Inc (TSLA) - 521,507 shares, 2.47% of the total portfolio. Shares reduced by 5.58%
3. Salesforce.com Inc (CRM) - 1,635,951 shares, 2.29% of the total portfolio. Shares added by 1.54%
4. Amazon.com Inc (AMZN) - 148,884 shares, 2.24% of the total portfolio. Shares added by 12.91%
5. Splunk Inc (SPLK) - 1,858,320 shares, 1.97% of the total portfolio. Shares added by 2.82%

Sumitomo Mitsui Asset Management Company, LTD initiated holdings in Lumentum Holdings Inc. The purchase prices were between $34.4 and $54.7, with an estimated average price of $44.12. The stock is now traded at around $43.80. The impact to the portfolio due to this purchase was 0.94%. The holdings were 1,030,960 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD initiated holdings in Finisar Corp. The purchase prices were between $25.69 and $36.01, with an estimated average price of $30.63. The stock is now traded at around $22.57. The impact to the portfolio due to this purchase was 0.82%. The holdings were 1,769,520 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD initiated holdings in The Trade Desk Inc. The purchase prices were between $26.93 and $45.79, with an estimated average price of $34.23. The stock is now traded at around $37.69. The impact to the portfolio due to this purchase was 0.42%. The holdings were 666,400 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD initiated holdings in Fitbit Inc. The purchase prices were between $5.39 and $8.12, with an estimated average price of $6.34. The stock is now traded at around $5.93. The impact to the portfolio due to this purchase was 0.41%. The holdings were 4,122,325 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD initiated holdings in Invitation Homes Inc. The purchase prices were between $20 and $21.92, with an estimated average price of $21.34. The stock is now traded at around $21.59. The impact to the portfolio due to this purchase was 0.12%. The holdings were 329,729 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD initiated holdings in TAL Education Group. The purchase prices were between $71.91 and $106.57, with an estimated average price of $86.96. The stock is now traded at around $119.40. The impact to the portfolio due to this purchase was 0.11%. The holdings were 60,200 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD added to the holdings in Broadcom Ltd by 751.08%. The purchase prices were between $174.28 and $226.45, with an estimated average price of $205.92. The stock is now traded at around $223.09. The impact to the portfolio due to this purchase was 1.35%. The holdings were 411,360 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD added to the holdings in NVIDIA Corp by 1453.79%. The purchase prices were between $97.67 and $119.13, with an estimated average price of $106.43. The stock is now traded at around $105.64. The impact to the portfolio due to this purchase was 1.16%. The holdings were 671,782 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD added to the holdings in Simon Property Group Inc by 782.50%. The purchase prices were between $165.4 and $186.83, with an estimated average price of $178.66. The stock is now traded at around $167.87. The impact to the portfolio due to this purchase was 1.16%. The holdings were 446,889 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD added to the holdings in Micron Technology Inc by 119.79%. The purchase prices were between $21.71 and $28.97, with an estimated average price of $24.42. The stock is now traded at around $27.63. The impact to the portfolio due to this purchase was 0.91%. The holdings were 3,389,211 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD added to the holdings in SPDR Bloomberg Barclays High Yield Bond by 36.28%. The purchase prices were between $36.25 and $37.22, with an estimated average price of $36.79. The stock is now traded at around $37.13. The impact to the portfolio due to this purchase was 0.51%. The holdings were 3,026,402 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD added to the holdings in Public Storage by 83.55%. The purchase prices were between $213.29 and $229.33, with an estimated average price of $221.5. The stock is now traded at around $213.00. The impact to the portfolio due to this purchase was 0.34%. The holdings were 200,903 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD sold out the holdings in Ambarella Inc. The sale prices were between $48.59 and $59.78, with an estimated average price of $53.97.

Sumitomo Mitsui Asset Management Company, LTD sold out the holdings in MicroStrategy Inc. The sale prices were between $186.14 and $205.1, with an estimated average price of $193.8.

Sumitomo Mitsui Asset Management Company, LTD sold out the holdings in STORE Capital Corp. The sale prices were between $22.48 and $25.84, with an estimated average price of $24.26.

Sumitomo Mitsui Asset Management Company, LTD sold out the holdings in LaSalle Hotel Properties. The sale prices were between $28.09 and $31.65, with an estimated average price of $29.71.

Sumitomo Mitsui Asset Management Company, LTD sold out the holdings in Equity One Inc. The sale prices were between $30.45 and $32.22, with an estimated average price of $31.3.

Sumitomo Mitsui Asset Management Company, LTD sold out the holdings in New Oriental Education & Technology Group Inc. The sale prices were between $43.34 and $60.38, with an estimated average price of $50.72.

Sumitomo Mitsui Asset Management Company, LTD reduced to the holdings in Alphabet Inc by 68.65%. The sale prices were between $807.77 and $872.37, with an estimated average price of $840.98. The stock is now traded at around $891.44. The impact to the portfolio due to this sale was -1.01%. Sumitomo Mitsui Asset Management Company, LTD still held 29,920 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD reduced to the holdings in Red Hat Inc by 97.56%. The sale prices were between $70.12 and $86.73, with an estimated average price of $79.47. The stock is now traded at around $88.15. The impact to the portfolio due to this sale was -0.84%. Sumitomo Mitsui Asset Management Company, LTD still held 15,455 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD reduced to the holdings in Intuit Inc by 83.19%. The sale prices were between $114.75 and $128.01, with an estimated average price of $119.85. The stock is now traded at around $125.61. The impact to the portfolio due to this sale was -0.67%. Sumitomo Mitsui Asset Management Company, LTD still held 61,101 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD reduced to the holdings in Palo Alto Networks Inc by 61.01%. The sale prices were between $111.1 and $156.91, with an estimated average price of $134.14. The stock is now traded at around $109.95. The impact to the portfolio due to this sale was -0.54%. Sumitomo Mitsui Asset Management Company, LTD still held 142,018 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD reduced to the holdings in Equity Residential by 87.97%. The sale prices were between $59.9 and $65.38, with an estimated average price of $62.53. The stock is now traded at around $64.53. The impact to the portfolio due to this sale was -0.47%. Sumitomo Mitsui Asset Management Company, LTD still held 50,552 shares as of 2017-03-31.

Sumitomo Mitsui Asset Management Company, LTD reduced to the holdings in Tableau Software Inc by 82.78%. The sale prices were between $43.32 and $55.28, with an estimated average price of $49.44. The stock is now traded at around $53.48. The impact to the portfolio due to this sale was -0.39%. Sumitomo Mitsui Asset Management Company, LTD still held 97,931 shares as of 2017-03-31.