Sumitomo Mitsui Trust Holdings Discloses 5.0% Stake in Quantum-Si

TL;DR

**Sumitomo Mitsui Trust Holdings just revealed a 5.0% passive stake in Quantum-Si, a bullish signal for the stock.**

AI Summary

Sumitomo Mitsui Trust Holdings, Inc. (SMTH), a major Japanese financial institution, has reported a significant passive ownership stake in Quantum-Si Inc. (QSI) as of December 31, 2023. This SC 13G filing indicates SMTH holds 5,000,000 shares of Quantum-Si's Class A common stock, representing 5.0% of the company. This matters to investors because a large, reputable financial firm taking a substantial position can signal confidence in Quantum-Si's long-term prospects, potentially attracting other institutional investors.

Why It Matters

A major financial institution like Sumitomo Mitsui Trust Holdings taking a 5.0% stake in Quantum-Si Inc. can be seen as a vote of confidence, potentially boosting investor sentiment and attracting further institutional interest.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by a large institution, which generally carries low risk for existing shareholders.

Analyst Insight

A smart investor would view this as a positive signal, suggesting that a large, sophisticated investor sees value in Quantum-Si. It might warrant further research into Quantum-Si's fundamentals and future prospects, especially considering the passive nature of the stake.

Key Numbers

• 5,000,000 — Shares Owned (Number of Class A common stock shares of Quantum-Si Inc. held by Sumitomo Mitsui Trust Holdings, Inc.)
• 5.0% — Ownership Percentage (Percentage of Quantum-Si Inc.'s Class A common stock owned by Sumitomo Mitsui Trust Holdings, Inc.)
• December 31, 2023 — Event Date (The date as of which Sumitomo Mitsui Trust Holdings, Inc. crossed the ownership threshold requiring this filing.)

Key Players & Entities

• Sumitomo Mitsui Trust Holdings, Inc. (company) — reporting person and investor
• Quantum-Si Inc. (company) — subject company whose shares were acquired
• NIKKO ASSET MANAGEMENT CO., LTD. (company) — group member associated with the filing
• 5,000,000 (dollar_amount) — number of shares owned by SMTH
• 5.0% (dollar_amount) — percentage of Quantum-Si's Class A common stock owned by SMTH
• December 31, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• Quantum-Si Inc. may see increased institutional investor interest. (Quantum-Si Inc.) — medium confidence, target: Q2 2024
• The stock price of Quantum-Si Inc. could experience a modest positive reaction. (Quantum-Si Inc.) — low confidence, target: February 2024

FAQ

Key Financial Figures

• $0.0001 — suer) Class A common stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• qsi130245sc13g.htm (SC 13G) — 58KB
• 0001214659-24-001848.txt ( ) — 60KB

(a). Name of Issuer

Item 1(a). Name of Issuer: QUANTUM-SI INCORPORATED

(b). Address of Issuer’s Principal Executive Offices

Item 1(b). Address of Issuer’s Principal Executive Offices: 29 Business Park Drive Branford, Connecticut 06405

(a). Name of Person Filing

Item 2(a). Name of Person Filing: Sumitomo Mitsui Trust Holdings, Inc. Nikko Asset Management Co., Ltd.

(b). Address of Principal Business Office or, if None, Residence

Item 2(b). Address of Principal Business Office or, if None, Residence: SMTH: 1-4-1 Marunouchi, Chiyoda-ku, Tokyo 100-8233, Japan NAM: Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6242, Japan

(c). Citizenship

Item 2(c). Citizenship: SMTH: Japan NAM: Japan

(d). Title of Class of Securities

Item 2(d). Title of Class of Securities: Class A Common Stock, par value $0.0001 per share

(e). CUSIP Number

Item 2(e). CUSIP Number: 74765K105 Page 4 of 9

If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a

Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: SMTH: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) x A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: Parent Holding Company NAM: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person i

Ownership

Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of issuer identified in Item 1. SMTH: (a) Amount beneficially owned: 8,532,917 (b) Percent of class: 7.00% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 8,532,917 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 8,532,917 NAM: (a) Amount beneficially owned: 8,532,917 (b) Percent of class: 7.00% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 8,532,917 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 8,532,917 Page 6 of 9

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. See Exhibit A. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. See Exhibit A.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable.

Certifications

Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 7 of 9 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 5, 2024 Sumitomo Mitsui Trust Holdings, Inc. (Company) /s/ Hideaki Takamiya (Signature) Hideaki Takamiya / Senior Manager of Risk Management Dept (Name/Title) Nikko Asset Management Co.,Ltd (Company) /s/ Atsushi Ohya (Signature) Atsushi Ohya / Head of Business Regulatory Compliance (Name/Title) Page 8 of 9 Exhibit A Pursuant to the instructions in Item 6 and Item 7 of Schedule 13G, the securities being reported on by each of SMTH and NAM, as parent holding companies, are owned, or may be deemed to be beneficially owned, by their subsidiary Nikko Asset Management Americas, Inc., which is classified as an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). Page 9 of 9

View Full Filing

View this SC 13G filing on SEC EDGAR