SoftBank Exits Nvidia, Boosts eToro, Adds TwentyOne Capital in Q4 Portfolio Shuffle

Tokyo – February 17, 2026: SoftBank Group has made significant moves in its portfolio during Q4, according to its latest 13F filing, highlighting a reshaping of its tech and investment holdings.

Among the biggest moves, SoftBank exited its stake in Nvidia, previously valued at $3.59 billion, signaling a strategic shift away from semiconductor giants. Meanwhile, the firm increased its investment in trading platform eToro, doubling its holdings to roughly 796,000 shares valued at $28 million.

SoftBank also made new bets on emerging companies. It acquired TwentyOne Capital shares worth $780.6 million, AbCellera Biologics at $1.18 million, and Circle Internet for approximately $7.6 million.

On the sell side, the conglomerate reduced holdings in T-Mobile US to 18 million shares ($3.65 billion), trimmed its position in Inter & Co. to 60.5 million shares ($513.1 million), and cut back sharply on Lemonade, holding only 925,000 shares ($65.9 million) from 3.56 million.

These moves reflect SoftBank’s ongoing focus on high-growth tech and fintech opportunities, balancing its exposure to large-cap tech with selective investments in emerging platforms. Analysts suggest that this portfolio reshaping could impact markets and investor sentiment in the upcoming quarter.