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Temasek Holdings (Private) Ltd Top Holdings and 13F Report (2026)

About Temasek Holdings (Private) Ltd

Investment Activity

  • Temasek 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
$5,126,387,461
Visa
$2,016,432,847
NVIDIA
$1,644,802,675
Mastercard
$1,608,261,138
Alphabet
$1,351,602,452

Largest New Holdings this Quarter

512807306 - LAM RESEARCH CORP
$213,133,328 Holding
G3730V105 - FTAI AVIATION LTD
$99,546,685 Holding
093712107 - Bloom Energy
$75,705,579 Holding
697435105 - Palo Alto Networks
$74,407,398 Holding
G0593M107 - 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 Time

Map of 500 Largest Holdings ofTemasek Holdings (Private) Ltd

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
BLACKROCK INC
$5,126,387,461$228,566,731 â–²4.7%5,330,49216.8%COM
Visa Inc. stock logo
V
Visa
$2,016,432,847$54,326,733 â–²2.8%6,671,6286.6%Business Services
NVIDIA Corporation stock logo
NVDA
NVIDIA
$1,644,802,675$78,357,222 â–²5.0%9,431,2085.4%Computer and Technology
Mastercard Incorporated stock logo
MA
Mastercard
$1,608,261,138$224,593,672 â–²16.2%3,218,7115.3%Business Services
Alphabet Inc. stock logo
GOOGL
Alphabet
$1,351,602,452$40,164,943 â–¼-2.9%4,700,2454.4%Computer and Technology
Broadcom Inc. stock logo
AVGO
Broadcom
$1,095,860,391$323,238,006 â–²41.8%3,540,6303.6%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$1,003,855,568$202,459,892 â–¼-16.8%4,819,9723.3%Retail/Wholesale
Microsoft Corporation stock logo
MSFT
Microsoft
$987,273,374$13,661,864 â–¼-1.4%2,667,0813.2%Computer and Technology
ICICI Bank Limited stock logo
IBN
ICICI Bank
$756,170,9350.0%29,195,7892.5%Finance
Thermo Fisher Scientific Inc. stock logo
TMO
Thermo Fisher Scientific
$613,134,030$174,975,341 â–²39.9%1,247,3992.0%Medical
S&P Global Inc. stock logo
SPGI
S&P Global
$593,966,894$40,896,441 â–²7.4%1,396,4521.9%Finance
GE VERNOVA INC
$569,067,951$9,291,148 â–¼-1.6%651,9281.9%COM
DOORDASH INC
$519,744,375$171,933,462 â–²49.4%3,461,5011.7%CL A
PDD Holdings Inc. Sponsored ADR stock logo
PDD
PDD
$503,344,913$24,846,804 â–²5.2%4,926,0611.7%Retail/Wholesale
Intapp, Inc. stock logo
INTA
Intapp
$440,501,4200.0%17,146,8051.4%Computer and Technology
Roblox Corporation stock logo
RBLX
Roblox
$439,910,1060.0%7,777,7601.4%Consumer Discretionary
Sea Limited Sponsored ADR stock logo
SE
SEA
$437,473,719$163,934,319 â–²59.9%5,282,8611.4%Computer and Technology
TPG Inc. stock logo
TPG
TPG
$406,238,615$50,091,668 â–²14.1%10,028,1071.3%Finance
KKR & Co. Inc. stock logo
KKR
KKR & Co. Inc.
$325,858,723$202,597,940 â–²164.4%3,522,7971.1%Finance
HDFC Bank Limited stock logo
HDB
HDFC Bank
$312,484,241$41,954,547 â–²15.5%12,559,6561.0%Finance
JPMorgan Ultra-Short Income ETF stock logo
JPST
JPMorgan Ultra-Short Income ETF
$299,585,5910.0%5,919,4941.0%ETF
Teck Resources Ltd stock logo
TECK
Teck Resources
$294,014,638$19,551,269 â–²7.1%5,685,4531.0%Basic Materials
Ermenegildo Zegna N.V. stock logo
ZGN
Ermenegildo Zegna
$283,864,5160.0%27,242,2760.9%Retail/Wholesale
Airbnb, Inc. stock logo
ABNB
Airbnb
$280,618,6580.0%2,222,1940.9%Consumer Discretionary
GE HealthCare Technologies Inc. stock logo
GEHC
GE HealthCare Technologies
$277,467,399$183,631,517 â–²195.7%3,898,1090.9%Medical
Apollo Global Management Inc. stock logo
APO
Apollo Global Management
$263,860,610$179,922,464 â–²214.4%2,368,1620.9%Finance
BEONE MEDICINES LTD
$256,179,092$16,910,660 â–¼-6.2%862,6430.8%SPONSORED ADS
Transdigm Group Incorporated stock logo
TDG
Transdigm Group
$253,678,960$85,006,239 â–²50.4%218,8850.8%Aerospace
LINDE PLC
$241,561,043$24,889,135 â–¼-9.3%487,2540.8%SHS
Booking Holdings Inc. stock logo
BKNG
Booking
$241,550,269$135,555,463 â–²127.9%57,3710.8%Retail/Wholesale
MSCI Inc stock logo
MSCI
MSCI
$229,544,416$46,075,114 â–²25.1%425,8630.8%Finance
LAM RESEARCH CORP
$213,133,328$213,133,328 â–²New Holding997,5350.7%COM NEW
Cadence Design Systems, Inc. stock logo
CDNS
Cadence Design Systems
$208,156,029$158,535,116 â–²319.5%749,1130.7%Computer and Technology
Meta Platforms, Inc. stock logo
META
Meta Platforms
$203,170,229$6,521,710 â–¼-3.1%355,1120.7%Computer and Technology
Netflix, Inc. stock logo
NFLX
Netflix
$198,881,179$132,166,540 â–²198.1%2,068,4470.7%Consumer Discretionary
The Progressive Corporation stock logo
PGR
Progressive
$196,968,8850.0%993,5880.6%Finance
Unity Software Inc. stock logo
U
Unity Software
$189,606,423$97,482,096 â–²105.8%8,642,0430.6%Computer and Technology
Comfort Systems USA, Inc. stock logo
FIX
Comfort Systems USA
$185,275,580$112,800,003 â–²155.6%134,3560.6%Construction
GE Aerospace stock logo
GE
GE Aerospace
$171,231,926$52,324,067 â–²44.0%603,4180.6%Aerospace
Alibaba Group Holding Limited stock logo
BABA
Alibaba Group
$164,761,8510.0%1,313,2620.5%Retail/Wholesale
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$159,358,430$50,966,295 â–²47.0%173,2590.5%Medical
Salesforce Inc. stock logo
CRM
Salesforce
$151,184,033$23,540,954 â–²18.4%809,9000.5%Computer and Technology
Boston Scientific Corporation stock logo
BSX
Boston Scientific
$150,563,982$19,941,950 â–²15.3%2,399,4260.5%Medical
Marvell Technology, Inc. stock logo
MRVL
Marvell Technology
$150,198,034$28,437,354 â–¼-15.9%1,516,3860.5%Computer and Technology
Denali Therapeutics Inc. stock logo
DNLI
Denali Therapeutics
$134,649,1010.0%7,012,9740.4%Medical
BioNTech SE Sponsored ADR stock logo
BNTX
BioNTech
$133,855,6800.0%1,506,0270.4%Medical
Vertiv Holdings Co. stock logo
VRT
Vertiv
$132,664,820$26,573,508 â–¼-16.7%529,4310.4%Computer and Technology
Yum China stock logo
YUMC
Yum China
$132,561,991$65,251,494 â–¼-33.0%2,717,5480.4%Retail/Wholesale
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$132,293,669$10,982,120 â–²9.1%1,661,7720.4%Finance
Apple Inc. stock logo
AAPL
Apple
$130,210,259$38,865,401 â–¼-23.0%513,0630.4%Computer and Technology
AMER SPORTS INC
$120,656,968$35,771,399 â–²42.1%3,665,1570.4%COM SHS
Workday, Inc. stock logo
WDAY
Workday
$115,540,195$10,046,714 â–²9.5%889,3180.4%Computer and Technology
Trip.com Group Limited Sponsored ADR stock logo
TCOM
Trip.com Group
$111,513,2190.0%2,239,6710.4%Consumer Discretionary
H World Group Limited Sponsored ADR stock logo
HTHT
H World Group
$111,160,563$20,745,178 â–¼-15.7%2,210,3910.4%Consumer Discretionary
Intuitive Surgical, Inc. stock logo
ISRG
Intuitive Surgical
$104,741,999$84,458,439 â–²416.4%227,2110.3%Medical
The Descartes Systems Group Inc. stock logo
DSGX
The Descartes Systems Group
$104,739,9350.0%1,464,1650.3%Computer and Technology
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$104,408,775$44,101,299 â–²73.1%385,8560.3%Medical
ZTO Express (Cayman) Inc. stock logo
ZTO
ZTO Express (Cayman)
$104,388,170$53,182,096 â–¼-33.8%4,147,3250.3%Transportation
ONESTREAM INC
$102,401,1360.0%4,266,7140.3%CL A
iShares Ultra Short-Term Bond Active ETF stock logo
ICSH
iShares Ultra Short-Term Bond Active ETF
$99,920,9950.0%1,973,9430.3%ETF
FTAI AVIATION LTD
$99,546,685$99,546,685 â–²New Holding406,3130.3%SHS
APPLOVIN CORP
$94,891,956$20,415,410 â–²27.4%238,4220.3%COM CL A
Guardant Health, Inc. stock logo
GH
Guardant Health
$91,037,193$5,406,047 â–¼-5.6%985,5710.3%Medical
PepsiCo, Inc. stock logo
PEP
PepsiCo
$90,009,035$3,446,351 â–²4.0%579,6190.3%Consumer Staples
Invesco KBW Bank ETF stock logo
KBWB
Invesco KBW Bank ETF
$87,416,681$69,953,077 â–¼-44.5%1,104,8620.3%Manufacturing
Alcoa stock logo
AA
Alcoa
$86,271,916$15,007,362 â–²21.1%1,300,6470.3%Industrials
iShares MSCI South Korea ETF stock logo
EWY
iShares MSCI South Korea ETF
$82,054,559$114,146,146 â–¼-58.2%667,0560.3%ETF
NetEase, Inc. stock logo
NTES
NetEase
$79,266,281$26,684,929 â–²50.7%708,1140.3%Computer and Technology
Bloom Energy Corporation stock logo
BE
Bloom Energy
$75,705,579$75,705,579 â–²New Holding558,7540.2%Energy
Palo Alto Networks, Inc. stock logo
PANW
Palo Alto Networks
$74,407,398$74,407,398 â–²New Holding464,1180.2%Computer and Technology
KraneShares CSI China Internet ETF stock logo
KWEB
KraneShares CSI China Internet ETF
$72,595,266$112,182,165 â–¼-60.7%2,553,4740.2%Manufacturing
Flywire Corporation stock logo
FLYW
Flywire
$71,858,201$2,531,374 â–¼-3.4%6,173,3850.2%Computer and Technology
AstraZeneca PLC stock logo
AZNCF
AstraZeneca
$70,886,530$70,886,530 â–²New Holding365,5540.2%Medical
Cameco Corporation stock logo
CCJ
Cameco
$70,850,865$70,850,865 â–²New Holding652,3420.2%Basic Materials
Intuit Inc. stock logo
INTU
Intuit
$65,202,904$13,031,501 â–¼-16.7%150,8000.2%Computer and Technology
MakeMyTrip Limited stock logo
MMYT
MakeMyTrip
$63,447,294$63,447,294 â–²New Holding1,701,4560.2%Computer and Technology
KANZHUN LIMITED Sponsored ADR stock logo
BZ
KANZHUN
$58,191,936$10,262,096 â–²21.4%4,345,9250.2%Computer and Technology
Danaher Corporation stock logo
DHR
Danaher
$58,164,730$3,966,432 â–²7.3%306,7760.2%Medical
Global-e Online Ltd. stock logo
GLBE
Global-e Online
$55,751,596$8,932,803 â–¼-13.8%1,807,1830.2%Retail/Wholesale
The Home Depot, Inc. stock logo
HD
Home Depot
$53,691,950$11,126,349 â–²26.1%163,2520.2%Retail/Wholesale
KLA Corporation stock logo
KLAC
KLA
$47,686,943$47,686,943 â–²New Holding32,3870.2%Computer and Technology
Southern Copper Corporation stock logo
SCCO
Southern Copper
$46,503,861$4,201,189 â–²9.9%270,2770.2%Basic Materials
KE Holdings Inc. Sponsored ADR stock logo
BEKE
KE
$45,618,9340.0%3,047,3570.1%Computer and Technology
NextEra Energy, Inc. stock logo
NEE
NextEra Energy
$42,647,245$11,449,689 â–²36.7%459,1650.1%Utilities
Cognizant Technology Solutions Corporation stock logo
CTSH
Cognizant Technology Solutions
$41,412,968$429 â–¼0.0%675,0280.1%Computer and Technology
iShares MSCI Brazil ETF stock logo
EWZ
iShares MSCI Brazil ETF
$41,338,928$41,338,928 â–²New Holding1,076,8150.1%ETF
MARSH & MCLENNAN COS INC
$39,735,140$9,328,314 â–²30.7%229,0870.1%COM
Freeport-McMoRan Inc. stock logo
FCX
Freeport-McMoRan
$39,338,339$3,881,714 â–²10.9%669,2470.1%Basic Materials
Deere & Company stock logo
DE
Deere & Company
$37,257,225$37,257,225 â–²New Holding66,1410.1%Industrials
Caterpillar Inc. stock logo
CAT
Caterpillar
$37,231,698$17,848,233 â–²92.1%52,5530.1%Industrials
ServiceNow, Inc. stock logo
NOW
ServiceNow
$35,780,147$33,471,683 â–¼-48.3%342,2300.1%Computer and Technology
Payoneer Global Inc. stock logo
PAYO
Payoneer Global
$32,482,866$3,714,859 â–¼-10.3%6,725,2310.1%Business Services
Snowflake Inc. stock logo
SNOW
Snowflake
$30,729,575$24,851,818 â–¼-44.7%203,7500.1%Computer and Technology
FIREFLY AEROSPACE INC
$30,268,023$183,148 â–¼-0.6%1,063,1550.1%COM
Genpact Limited stock logo
G
Genpact
$30,036,612$30,036,612 â–²New Holding806,3520.1%Computer and Technology
Synopsys, Inc. stock logo
SNPS
Synopsys
$28,418,100$6,357,160 â–²28.8%71,6760.1%Computer and Technology
NexGen Energy stock logo
NXE
NexGen Energy
$28,263,064$13,876,651 â–²96.5%2,436,4710.1%Basic Materials
WALMART INC
$26,553,913$27,515,592 â–¼-50.9%213,6620.1%COM
Teradyne, Inc. stock logo
TER
Teradyne
$26,530,205$26,530,205 â–²New Holding89,4900.1%Computer and Technology
NIKE, Inc. stock logo
NKE
NIKE
$24,930,195$37,892,276 â–¼-60.3%471,9840.1%Consumer Discretionary

Showing largest 100 holdings. View all holdings.
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