Temasek Holdings (Private) Ltd

CIK

1021944

Location

SINGAPORE, U0

Portfolio Value

Large $30,521,436,344

Diversification

Diversified

Filing Date

Global Rank

#142 / 8,420 ▲ 78

Top Industry

Asset Management 20.6%

3Y Alpha vs SPY

-10.7%

Period ended 6 months ago

Filed Feb 17, 2026 · 4mo

24 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+33.4%

SPY

+76.3%

Annualised alpha

-10.7%

Max drawdown

−20.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

121 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

17.9%

−3.3 pts

Top 5

41.0%

−1.6 pts

Top 10

57.9%

−1.1 pts

HHI

557

Diversified−110

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	41.6%	$12,691,858,678	13
Technology	22.0%	$6,725,005,259	42
Consumer Cyclical	14.9%	$4,554,271,552	19
Communication Services	9.0%	$2,760,660,313	8
Healthcare	5.8%	$1,759,482,701	13
Industrials	3.8%	$1,165,399,383	10
Basic Materials	2.1%	$635,450,261	8
Consumer Defensive	0.5%	$142,906,609	5
Real Estate	0.2%	$48,026,346	1
Utilities	0.1%	$26,965,329	1
Energy	0.0%	$11,409,913	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBN	Icici Bank Ltd	+2,964,312	29,195,789	$870,034,512
VNET	VNET Group, Inc.	+2,954,350	3,253,150	$27,521,649
NVDA	Nvidia Corp	+2,422,965	8,981,912	$1,675,126,588
U	Unity Software Inc.	+2,369,576	4,198,921	$185,466,340
DNLI	Denali Therapeutics Inc.	+1,657,142	7,012,974	$115,784,200
WRD	WeRide Inc.	+1,623,156	2,978,803	$25,856,010
TME	Tencent Music Entertainment Group	+1,517,481	2,559,173	$44,862,302
KKR	KKR & Co. Inc.	+1,032,705	1,332,549	$169,873,346
BZ	Kanzhun Ltd	+916,706	3,579,525	$72,950,719
TCOM	Trip.com Group Ltd	+899,469	2,239,671	$161,054,741
BEKE	KE Holdings Inc.	+881,506	3,047,357	$48,026,346
SE	Sea Ltd	+827,991	3,303,217	$421,391,392
AS	Amer Sports, Inc.	+817,128	2,578,541	$96,308,506
MSFT	Microsoft Corp	+731,308	2,703,988	$1,307,702,676
GOOGL	Alphabet Inc.	+704,726	4,839,920	$1,514,894,960
APO	Apollo Global Management, Inc.	+676,411	753,349	$109,054,801
AMZN	Amazon Com Inc	+644,994	5,792,075	$1,336,926,751
FLY	Firefly Aerospace Inc.	+643,886	1,069,588	$23,926,683
NFLX	Netflix Inc	+643,690	693,860	$65,056,313
NKE	NIKE, Inc.	+597,506	1,189,369	$75,774,698
NOW	ServiceNow, Inc.	+545,375	662,380	$101,469,992
WFC	Wells Fargo & Company/Mn	+437,900	1,523,823	$142,020,303
BSX	Boston Scientific Corp	+402,300	2,081,626	$198,483,039
AVGO	Broadcom Inc.	+348,715	2,496,276	$863,961,123
SPGI	S&P Global Inc.	+342,110	1,300,302	$679,524,822
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SES	SES AI Corp	−9,515,045	3,160,712	$5,689,281
ZTO	ZTO Express (Cayman) Inc.	−4,166,509	6,260,241	$130,776,434
PAYO	Payoneer Global Inc.	−2,658,035	7,494,353	$42,118,263
FLYW	Flywire Corp	−2,294,038	6,390,857	$90,494,535
HTHT	H World Group Ltd	−2,292,477	2,622,902	$123,407,539
YUMC	Yum China Holdings, Inc.	−599,500	4,055,217	$193,596,059
CRS	Carpenter Technology Corp	−537,933	227,002	$71,469,309
BABA	Alibaba Group Holding Ltd	−537,492	1,313,262	$192,497,943
GLBE	Global-E Online Ltd.	−394,584	2,096,739	$82,422,810
DT	Dynatrace, Inc.	−318,681	1,670,417	$72,395,872
CMG	Chipotle Mexican Grill Inc	−272,899	255,622	$9,458,014
ORCL	Oracle Corp	−234,361	17,065	$3,326,139
TMO	Thermo Fisher Scientific Inc.	−216,172	891,418	$516,532,160
CTSH	Cognizant Technology Solutions Corp	−148,243	675,035	$56,027,905
ETN	Eaton Corp plc	−140,684	49,901	$15,893,967
ONC	BeOne Medicines Ltd.	−91,877	919,587	$279,379,726
QCOM	Qualcomm Inc/De	−78,248	46,971	$8,034,389
LLY	ELI LILLY & Co	−51,119	117,847	$126,647,825
AAPL	Apple Inc.	−34,341	666,203	$181,113,947
GE	General Electric Co	−31,354	419,029	$129,073,502
INTU	Intuit Inc.	−19,702	180,939	$119,857,612
IOT	Samsara Inc.	−17,109	39,821	$1,411,654
GEHC	GE HealthCare Technologies Inc.	−12,225	1,318,290	$108,126,145
TPG	TPG Inc.	−11,053	8,791,581	$561,254,531
DASH	DoorDash, Inc.	−6,257	2,316,423	$524,623,481
No positions match the current search.

New Positions

Positions the filer opened this quarter

22 positions

Ticker	Company	Shares	Value
TDG	TransDigm Group INC	145,538	$193,543,709
APP	AppLovin Corp	187,127	$126,089,915
VRT	Vertiv Holdings Co	635,479	$102,953,952
FIX	Comfort Systems USA Inc	52,557	$49,050,922
HD	Home Depot, Inc.	129,422	$44,534,110
TWLO	Twilio Inc	309,573	$44,033,663
NEE	Nextera Energy Inc	335,891	$26,965,329
ISRG	Intuitive Surgical Inc	44,000	$24,919,840
CAT	Caterpillar Inc	27,360	$15,673,723
NXE	NexGen Energy Ltd.	1,240,208	$11,409,913
ADI	Analog Devices Inc	35,332	$9,582,038
TXN	Texas Instruments Inc	51,080	$8,861,869
ALAB	Astera Labs, Inc.	47,306	$7,869,826
ANET	Arista Networks, Inc.	58,189	$7,624,504
HUBS	Hubspot Inc	17,965	$7,209,354
AMD	Advanced Micro Devices Inc	33,476	$7,169,220
CLS	Celestica Inc	23,888	$7,061,531
PCOR	Procore Technologies, Inc.	66,627	$4,846,447
MICC	Magnum Ice Cream Co N.V.	79,000	$1,252,150
CHYM	Chime Financial, Inc.	29,695	$747,423
CAI	Caris Life Sciences, Inc.	12,235	$330,100
RVMD	Revolution Medicines, Inc.	3,148	$250,738
No positions match the current search.

Sold Out

Positions the filer fully exited

13 positions

Ticker	Company	Shares	Value
TEAM	Atlassian Corp	433,165	$69,176,450
FSLR	First Solar, Inc.	305,900	$67,460,127
CCJ	Cameco Corp	731,519	$61,345,183
DE	Deere & Co	106,435	$48,668,468
PINS	Pinterest, Inc.	1,198,441	$38,553,846
ABBV	AbbVie Inc.	67,969	$15,737,542
JPM	Jpmorgan Chase & Co	49,870	$15,730,494
MNST	Monster Beverage Corp	212,528	$14,305,259
ICE	Intercontinental Exchange, Inc.	72,058	$12,140,331
CTAS	Cintas Corp	59,120	$12,134,971
PANW	Palo Alto Networks Inc	35,410	$7,210,184
ADP	Automatic Data Processing Inc	21,605	$6,341,067
RACE	Ferrari N.V.	11,223	$5,445,624
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

121 positions · $30,521,436,344 total · as of Dec 31, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 121 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BSLK	Bolt Projects Holdings, Inc. Basic Materials	Held	123,593	0	$98,750	−78.9%	0.00%
PONY	Pony AI Inc. Technology	Held	14,510	0	$210,395	−35.5%	0.00%
RVMD	Revolution Medicines, Inc. Healthcare	NEW	3,148	NEW	$250,738	NEW	0.00%
CAI	Caris Life Sciences, Inc. Healthcare	NEW	12,235	NEW	$330,100	NEW	0.00%
CHYM	Chime Financial, Inc. Technology	NEW	29,695	NEW	$747,423	NEW	0.00%
GTLB	Gitlab Inc. Technology	Held	21,494	0	$806,669	−16.7%	0.00%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	NEW	79,000	NEW	$1,252,150	NEW	0.00%
TTAN	ServiceTitan, Inc. Technology	Held	12,937	0	$1,377,790	+5.6%	0.00%
IOT	Samsara Inc. Technology	Reduced	39,821	-17,109	$1,411,654	−33.4%	0.00%
KDP	Keurig Dr Pepper Inc. Consumer Defensive	Held	99,805	0	$2,795,538	+9.8%	0.01%
PGY	Pagaya Technologies Ltd. Technology	Held	144,068	0	$3,011,021	−29.6%	0.01%
ORCL	Oracle Corp Technology	Reduced	17,065	-234,361	$3,326,139	−95.3%	0.01%
PCOR	Procore Technologies, Inc. Technology	NEW	66,627	NEW	$4,846,447	NEW	0.02%
SES	SES AI Corp Consumer Cyclical	Reduced	3,160,712	-12,675,757	$5,689,281	−78.5%	0.02%
CLS	Celestica Inc Technology	NEW	23,888	NEW	$7,061,531	NEW	0.02%
AMD	Advanced Micro Devices Inc Technology	NEW	33,476	NEW	$7,169,220	NEW	0.02%
HUBS	Hubspot Inc Technology	NEW	17,965	NEW	$7,209,354	NEW	0.02%
ANET	Arista Networks, Inc. Technology	NEW	58,189	NEW	$7,624,504	NEW	0.02%
ALAB	Astera Labs, Inc. Technology	NEW	47,306	NEW	$7,869,826	NEW	0.03%
QCOM	Qualcomm Inc/De Technology	Reduced	46,971	-78,248	$8,034,389	−61.4%	0.03%
TXN	Texas Instruments Inc Technology	NEW	51,080	NEW	$8,861,869	NEW	0.03%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	255,622	-272,899	$9,458,014	−54.3%	0.03%
ADI	Analog Devices Inc Technology	NEW	35,332	NEW	$9,582,038	NEW	0.03%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	12,045	-1,522	$10,386,885	−17.3%	0.03%
NXE	NexGen Energy Ltd. Energy	NEW	1,240,208	NEW	$11,409,913	NEW	0.04%
BZAI	Blaize Holdings, Inc. Technology	Held	6,353,023	0	$12,388,394	−43.5%	0.04%
ERO	Ero Copper Corp. Basic Materials	Held	473,660	0	$13,399,841	+39.8%	0.04%
CAT	Caterpillar Inc Industrials	NEW	27,360	NEW	$15,673,723	NEW	0.05%
TSLA	Tesla, Inc. Consumer Cyclical	Held	34,950	0	$15,717,714	+1.1%	0.05%
HBM	Hudbay Minerals Inc. Basic Materials	Held	800,528	0	$15,890,480	+30.9%	0.05%
ETN	Eaton Corp plc Industrials	Reduced	49,901	-140,684	$15,893,967	−77.7%	0.05%
FLY	Firefly Aerospace Inc. Industrials	Added	1,069,588	+643,886	$23,926,683	+91.7%	0.08%
XPEV	Xpeng Inc. Consumer Cyclical	Held	1,194,538	0	$24,225,230	−13.4%	0.08%
ISRG	Intuitive Surgical Inc Healthcare	NEW	44,000	NEW	$24,919,840	NEW	0.08%
WRD	WeRide Inc. Technology	Added	2,978,803	+1,623,156	$25,856,010	+92.7%	0.08%
SNPS	Synopsys Inc Technology	Added	55,642	+10,335	$26,136,160	+16.9%	0.09%
NEE	Nextera Energy Inc Utilities	NEW	335,891	NEW	$26,965,329	NEW	0.09%
VNET	VNET Group, Inc. Technology	Added	3,253,150	+2,954,350	$27,521,649	+791.6%	0.09%
FCX	Freeport-Mcmoran Inc Basic Materials	Held	603,209	0	$30,636,985	+29.5%	0.10%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Held	175,306	0	$32,522,769	−7.9%	0.11%
SCCO	Southern Copper Corp/ Basic Materials	Added	245,860	+2,072	$34,993,573	+20.2%	0.11%
PAYO	Payoneer Global Inc. Technology	Reduced	7,494,353	-2,658,035	$42,118,263	−31.4%	0.14%
TWLO	Twilio Inc Technology	NEW	309,573	NEW	$44,033,663	NEW	0.14%
HD	Home Depot, Inc. Consumer Cyclical	NEW	129,422	NEW	$44,534,110	NEW	0.15%
TME	Tencent Music Entertainment Group Communication Services	Added	2,559,173	+1,517,481	$44,862,302	+84.5%	0.15%
BEKE	KE Holdings Inc. Real Estate	Added	3,047,357	+881,506	$48,026,346	+16.7%	0.16%
WMT	Walmart Inc. Consumer Defensive	Added	435,062	+97,500	$48,470,257	+39.3%	0.16%
FIX	Comfort Systems USA Inc Industrials	NEW	52,557	NEW	$49,050,922	NEW	0.16%
CDNS	Cadence Design Systems Inc Technology	Added	178,576	+51,482	$55,819,286	+25.0%	0.18%
CTSH	Cognizant Technology Solutions Corp Technology	Reduced	675,035	-148,243	$56,027,905	+1.5%	0.18%