Temasek Holdings discloses updated portfolio positions in 13F filing: New BZAI PULS MINT CCJ WFC TCOM KBWB positions, Added to OS HTHT TECK BABA BILL, Exited RSP HOOD PINS
Highlights from Q1 2025 filing as compared to Q4 2024 (all amounts are approximate):
- New: JPST (16.6 mln shares), BZAI (6.4 mln), PULS (5.0 mln), MINT (2 mln), IJH (1.5 mln), CCJ (1.4 mln), WFC (970K), TCOM (858K), KBWB (831K), PFE (521K), AS (377K), NU (243K), TWLO (188K), KKR (183K), PEP (183K), INTU (75K), DHR (65K), VRNA (32K), TEM (7K),
- Increased: TPG (to 8.5 mln shares from 4 mln shares), OS (to 3 mln from 0.1 mln), HTHT (to 6.9 mln from 4.1 mln), TECK (to 2.5 mln from 1.1 mln), BABA (to 5.5 mln from 4.5 mln), BILL (to 3.7 mln from 2.7 mln), KWEB (to 1.8 mln from 0.9 mln), BSX (to 1.1 mln from 406K), VRT (to 885K from 211K), CMG (to 744K from 115K), AAPL (to 923K from 405K), HDB (to 8.9 mln from 8.6 mln), NVT (to 417K from 150K), GEV (to 452K from 190K), APH (to 250K from 21K), ORCL (to 475K from 250K), AVGO (to 3164K from 2952K), AA (to 641K from 439K), TMO (to 1.3 mln from 1.1 mln), ETN (to 340K from 160K), OPEN (to 879K from 702K), BZ (to 948K from 772K), WMT (to 716K from 582K), NTES (to 595K from 469K), MTZ (to 132K from 10K), FSLR (to 119K from 1K), VST (to 128K from 14K), HBM (to 2031K from 1917K)
- Maintained: IBN (27.1 mln shares), INTA (17.15 mln shares), V (5.9 mln shares), BLK (5.1 mln shares), MA (2.8 mln shares), ABNB (2.2 mln shares)
- Closed positions: RSP (from 4.1 mln shares), XLF (from 1.7 mln), HOOD (from 1.4 mln), PINS (from 818K), QTTB (from 314K), NTLA (from 280K), BE (from 277K), NKE (from 263K), DELL (from 207K), IWM (from 207K), CSCO (from 128K)
- Decreased: SES (to 28 mln shares from 30.7 mln shares), GOOGL (to 3.3 mln from 3.8 mln), DASH (to 3.7 mln from 4.9 mln), META (to 138K from 333K), SE (to 2.5 mln from 3.7 mln), RBLX (to 11.6 mln from 12.6 mln), GLBE (to 2.5 mln from 2.7 mln), YUMC (to 2.9 mln from 3.4 mln), ONC (to 1 mln from 1.5 mln), GH (to 1.0 mln from 1.6 mln)