Temasek Holdings (Private) Ltd Top Holdings and 13F Report (2026) About Temasek Holdings (Private) LtdInvestment ActivityTemasek Holdings (Private) Ltd has $30.48 billion in total holdings as of December 31, 2025.Temasek Holdings (Private) Ltd owns shares of 133 different stocks, but just 35 companies or ETFs make up 80% of its holdings.Approximately 14.82% of the portfolio was purchased this quarter.About 26.30% of the portfolio was sold this quarter.This quarter, Temasek Holdings (Private) Ltd has purchased 130 new stocks and bought additional shares in 51 stocks.Temasek Holdings (Private) Ltd sold shares of 32 stocks and completely divested from 26 stocks this quarter.Largest Holdings BLACKROCK INC $5,126,387,461Visa $2,016,432,847NVIDIA $1,644,802,675Mastercard $1,608,261,138Alphabet $1,351,602,452 Largest New Holdings this Quarter 512807306 - LAM RESEARCH CORP $213,133,328 HoldingG3730V105 - FTAI AVIATION LTD $99,546,685 Holding093712107 - Bloom Energy $75,705,579 Holding697435105 - Palo Alto Networks $74,407,398 HoldingG0593M107 - AstraZeneca $70,886,530 Holding Largest Purchases this Quarter Broadcom 1,044,354 shares (about $323.24M)BLACKROCK INC 237,667 shares (about $228.57M)Mastercard 449,493 shares (about $224.59M)LAM RESEARCH CORP 997,535 shares (about $213.13M)KKR & Co. Inc. 2,190,248 shares (about $202.60M) Largest Sales this Quarter Alphabet 4,837,429 shares (about $6.39B)Amazon.com 972,103 shares (about $202.46M)iShares MSCI South Korea ETF 927,942 shares (about $114.15M)KraneShares CSI China Internet ETF 3,945,908 shares (about $112.18M)Carpenter Technology 216,169 shares (about $85.20M) Sector Allocation Over TimeMap of 500 Largest Holdings ofTemasek Holdings (Private) Ltd Selling Neutral Buying Latest 13F Holdings and Changes Since Previous Quarterly FilingIssuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSectorBLACKROCK INC$5,126,387,461$228,566,731 â–²4.7%5,330,49216.8%COMVVisa$2,016,432,847$54,326,733 â–²2.8%6,671,6286.6%Business ServicesNVDANVIDIA$1,644,802,675$78,357,222 â–²5.0%9,431,2085.4%Computer and TechnologyMAMastercard$1,608,261,138$224,593,672 â–²16.2%3,218,7115.3%Business ServicesGOOGLAlphabet$1,351,602,452$40,164,943 â–¼-2.9%4,700,2454.4%Computer and TechnologyAVGOBroadcom$1,095,860,391$323,238,006 â–²41.8%3,540,6303.6%Computer and TechnologyAMZNAmazon.com$1,003,855,568$202,459,892 â–¼-16.8%4,819,9723.3%Retail/WholesaleMSFTMicrosoft$987,273,374$13,661,864 â–¼-1.4%2,667,0813.2%Computer and TechnologyIBNICICI Bank$756,170,9350.0%29,195,7892.5%FinanceTMOThermo Fisher Scientific$613,134,030$174,975,341 â–²39.9%1,247,3992.0%MedicalSPGIS&P Global$593,966,894$40,896,441 â–²7.4%1,396,4521.9%FinanceGE VERNOVA INC$569,067,951$9,291,148 â–¼-1.6%651,9281.9%COMDOORDASH INC$519,744,375$171,933,462 â–²49.4%3,461,5011.7%CL APDDPDD$503,344,913$24,846,804 â–²5.2%4,926,0611.7%Retail/WholesaleINTAIntapp$440,501,4200.0%17,146,8051.4%Computer and TechnologyRBLXRoblox$439,910,1060.0%7,777,7601.4%Consumer DiscretionarySESEA$437,473,719$163,934,319 â–²59.9%5,282,8611.4%Computer and TechnologyTPGTPG$406,238,615$50,091,668 â–²14.1%10,028,1071.3%FinanceKKRKKR & Co. Inc.$325,858,723$202,597,940 â–²164.4%3,522,7971.1%FinanceHDBHDFC Bank$312,484,241$41,954,547 â–²15.5%12,559,6561.0%FinanceJPSTJPMorgan Ultra-Short Income ETF$299,585,5910.0%5,919,4941.0%ETFTECKTeck Resources$294,014,638$19,551,269 â–²7.1%5,685,4531.0%Basic MaterialsZGNErmenegildo Zegna$283,864,5160.0%27,242,2760.9%Retail/WholesaleABNBAirbnb$280,618,6580.0%2,222,1940.9%Consumer DiscretionaryGEHCGE HealthCare Technologies$277,467,399$183,631,517 â–²195.7%3,898,1090.9%MedicalAPOApollo Global Management$263,860,610$179,922,464 â–²214.4%2,368,1620.9%FinanceBEONE MEDICINES LTD$256,179,092$16,910,660 â–¼-6.2%862,6430.8%SPONSORED ADSTDGTransdigm Group$253,678,960$85,006,239 â–²50.4%218,8850.8%AerospaceLINDE PLC$241,561,043$24,889,135 â–¼-9.3%487,2540.8%SHSBKNGBooking$241,550,269$135,555,463 â–²127.9%57,3710.8%Retail/WholesaleMSCIMSCI$229,544,416$46,075,114 â–²25.1%425,8630.8%FinanceLAM RESEARCH CORP$213,133,328$213,133,328 â–²New Holding997,5350.7%COM NEWCDNSCadence Design Systems$208,156,029$158,535,116 â–²319.5%749,1130.7%Computer and TechnologyMETAMeta Platforms$203,170,229$6,521,710 â–¼-3.1%355,1120.7%Computer and TechnologyNFLXNetflix$198,881,179$132,166,540 â–²198.1%2,068,4470.7%Consumer DiscretionaryPGRProgressive$196,968,8850.0%993,5880.6%FinanceUUnity Software$189,606,423$97,482,096 â–²105.8%8,642,0430.6%Computer and TechnologyFIXComfort Systems USA$185,275,580$112,800,003 â–²155.6%134,3560.6%ConstructionGEGE Aerospace$171,231,926$52,324,067 â–²44.0%603,4180.6%AerospaceBABAAlibaba Group$164,761,8510.0%1,313,2620.5%Retail/WholesaleLLYEli Lilly and Company$159,358,430$50,966,295 â–²47.0%173,2590.5%MedicalCRMSalesforce$151,184,033$23,540,954 â–²18.4%809,9000.5%Computer and TechnologyBSXBoston Scientific$150,563,982$19,941,950 â–²15.3%2,399,4260.5%MedicalMRVLMarvell Technology$150,198,034$28,437,354 â–¼-15.9%1,516,3860.5%Computer and TechnologyDNLIDenali Therapeutics$134,649,1010.0%7,012,9740.4%MedicalBNTXBioNTech$133,855,6800.0%1,506,0270.4%MedicalVRTVertiv$132,664,820$26,573,508 â–¼-16.7%529,4310.4%Computer and TechnologyYUMCYum China$132,561,991$65,251,494 â–¼-33.0%2,717,5480.4%Retail/WholesaleWFCWells Fargo & Company$132,293,669$10,982,120 â–²9.1%1,661,7720.4%FinanceAAPLApple$130,210,259$38,865,401 â–¼-23.0%513,0630.4%Computer and TechnologyAMER SPORTS INC$120,656,968$35,771,399 â–²42.1%3,665,1570.4%COM SHSWDAYWorkday$115,540,195$10,046,714 â–²9.5%889,3180.4%Computer and TechnologyTCOMTrip.com Group$111,513,2190.0%2,239,6710.4%Consumer DiscretionaryHTHTH World Group$111,160,563$20,745,178 â–¼-15.7%2,210,3910.4%Consumer DiscretionaryISRGIntuitive Surgical$104,741,999$84,458,439 â–²416.4%227,2110.3%MedicalDSGXThe Descartes Systems Group$104,739,9350.0%1,464,1650.3%Computer and TechnologyUNHUnitedHealth Group$104,408,775$44,101,299 â–²73.1%385,8560.3%MedicalZTOZTO Express (Cayman)$104,388,170$53,182,096 â–¼-33.8%4,147,3250.3%TransportationONESTREAM INC$102,401,1360.0%4,266,7140.3%CL AICSHiShares Ultra Short-Term Bond Active ETF$99,920,9950.0%1,973,9430.3%ETFFTAI AVIATION LTD$99,546,685$99,546,685 â–²New Holding406,3130.3%SHSAPPLOVIN CORP$94,891,956$20,415,410 â–²27.4%238,4220.3%COM CL AGHGuardant Health$91,037,193$5,406,047 â–¼-5.6%985,5710.3%MedicalPEPPepsiCo$90,009,035$3,446,351 â–²4.0%579,6190.3%Consumer StaplesKBWBInvesco KBW Bank ETF$87,416,681$69,953,077 â–¼-44.5%1,104,8620.3%ManufacturingAAAlcoa$86,271,916$15,007,362 â–²21.1%1,300,6470.3%IndustrialsEWYiShares MSCI South Korea ETF$82,054,559$114,146,146 â–¼-58.2%667,0560.3%ETFNTESNetEase$79,266,281$26,684,929 â–²50.7%708,1140.3%Computer and TechnologyBEBloom Energy$75,705,579$75,705,579 â–²New Holding558,7540.2%EnergyPANWPalo Alto Networks$74,407,398$74,407,398 â–²New Holding464,1180.2%Computer and TechnologyKWEBKraneShares CSI China Internet ETF$72,595,266$112,182,165 â–¼-60.7%2,553,4740.2%ManufacturingFLYWFlywire$71,858,201$2,531,374 â–¼-3.4%6,173,3850.2%Computer and TechnologyAZNCFAstraZeneca$70,886,530$70,886,530 â–²New Holding365,5540.2%MedicalCCJCameco$70,850,865$70,850,865 â–²New Holding652,3420.2%Basic MaterialsINTUIntuit$65,202,904$13,031,501 â–¼-16.7%150,8000.2%Computer and TechnologyMMYTMakeMyTrip$63,447,294$63,447,294 â–²New Holding1,701,4560.2%Computer and TechnologyBZKANZHUN$58,191,936$10,262,096 â–²21.4%4,345,9250.2%Computer and TechnologyDHRDanaher$58,164,730$3,966,432 â–²7.3%306,7760.2%MedicalGLBEGlobal-e Online$55,751,596$8,932,803 â–¼-13.8%1,807,1830.2%Retail/WholesaleHDHome Depot$53,691,950$11,126,349 â–²26.1%163,2520.2%Retail/WholesaleKLACKLA$47,686,943$47,686,943 â–²New Holding32,3870.2%Computer and TechnologySCCOSouthern Copper$46,503,861$4,201,189 â–²9.9%270,2770.2%Basic MaterialsBEKEKE$45,618,9340.0%3,047,3570.1%Computer and TechnologyNEENextEra Energy$42,647,245$11,449,689 â–²36.7%459,1650.1%UtilitiesCTSHCognizant Technology Solutions$41,412,968$429 â–¼0.0%675,0280.1%Computer and TechnologyEWZiShares MSCI Brazil ETF$41,338,928$41,338,928 â–²New Holding1,076,8150.1%ETFMARSH & MCLENNAN COS INC$39,735,140$9,328,314 â–²30.7%229,0870.1%COMFCXFreeport-McMoRan$39,338,339$3,881,714 â–²10.9%669,2470.1%Basic MaterialsDEDeere & Company$37,257,225$37,257,225 â–²New Holding66,1410.1%IndustrialsCATCaterpillar$37,231,698$17,848,233 â–²92.1%52,5530.1%IndustrialsNOWServiceNow$35,780,147$33,471,683 â–¼-48.3%342,2300.1%Computer and TechnologyPAYOPayoneer Global$32,482,866$3,714,859 â–¼-10.3%6,725,2310.1%Business ServicesSNOWSnowflake$30,729,575$24,851,818 â–¼-44.7%203,7500.1%Computer and TechnologyFIREFLY AEROSPACE INC$30,268,023$183,148 â–¼-0.6%1,063,1550.1%COMGGenpact$30,036,612$30,036,612 â–²New Holding806,3520.1%Computer and TechnologySNPSSynopsys$28,418,100$6,357,160 â–²28.8%71,6760.1%Computer and TechnologyNXENexGen Energy$28,263,064$13,876,651 â–²96.5%2,436,4710.1%Basic MaterialsWALMART INC$26,553,913$27,515,592 â–¼-50.9%213,6620.1%COMTERTeradyne$26,530,205$26,530,205 â–²New Holding89,4900.1%Computer and TechnologyNKENIKE$24,930,195$37,892,276 â–¼-60.3%471,9840.1%Consumer DiscretionaryShowing largest 100 holdings. 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