KEYSTONE INVESTORS PTE LTD

CIK

1926253

Location

SINGAPORE, U0

Portfolio Value

Small $892,298,053

Diversification

Diversified

Filing Date

Global Rank

#1,753 / 8,420 ▲ 285

Top Industry

Internet Retail 18.0%

3Y Alpha vs SPY

+11.4%

Period ended 6 months ago

Filed Feb 13, 2026 · 4mo

13 quarters · since Dec 2022

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

+131.1%

SPY

+76.3%

Annualised alpha

+11.4%

Max drawdown

−25.0%

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

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

Top Position

11.3%

−2.1 pts

Top 5

40.4%

+2.0 pts

Top 10

59.1%

+1.0 pts

HHI

478

Diversified−13

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Technology	41.9%	$374,254,971	22
Consumer Cyclical	28.3%	$252,489,727	18
Healthcare	12.0%	$106,971,968	7
Industrials	9.7%	$86,817,958	11
Communication Services	3.9%	$34,575,226	4
Energy	2.3%	$20,500,371	4
Financial Services	1.6%	$14,367,148	4
Basic Materials	0.2%	$1,959,732	2
Utilities	0.0%	$360,952	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
PONY	Pony AI Inc.	+447,250	668,658	$9,695,541
FLS	Flowserve Corp	+232,365	236,165	$16,385,127
NVDA	Nvidia Corp	+189,577	541,065	$100,908,622
NU	Nu Holdings Ltd.	+179,266	459,366	$7,689,786
WRD	WeRide Inc.	+137,496	979,885	$8,505,401
IQV	Iqvia Holdings Inc.	+99,696	245,924	$55,433,728
SE	Sea Ltd	+75,135	656,666	$83,770,881
MSFT	Microsoft Corp	+32,122	95,180	$46,030,951
ULTA	Ulta Beauty, Inc.	+23,784	35,864	$21,698,078
COHR	Coherent Corp.	+23,096	206,701	$38,150,803
STX	Seagate Technology Holdings plc	+19,730	70,051	$19,291,344
SNOW	Snowflake Inc.	+19,236	41,871	$9,184,822
RBLX	Roblox Corp	+18,945	24,500	$1,985,235
URI	United Rentals, Inc.	+16,076	16,329	$13,215,386
IREN	IREN Ltd	+11,100	16,020	$605,075
PANW	Palo Alto Networks Inc	+10,961	33,610	$6,190,962
TPR	Tapestry, Inc.	+9,303	62,622	$8,001,212
CCJ	Cameco Corp	+8,245	157,879	$14,444,349
GM	General Motors Co	+5,386	12,426	$1,010,482
LLY	ELI LILLY & Co	+4,360	9,560	$10,273,941
GAP	Gap Inc	+3,800	20,400	$522,240
WMB	Williams Companies, Inc.	+3,671	79,110	$4,755,302
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+3,639	6,640	$2,017,829
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
MIR	Mirion Technologies, Inc.	−571,706	309,887	$7,257,553
RIOT	Riot Platforms, Inc.	−286,147	61,853	$783,677
ATI	Ati Inc	−227,865	33,415	$3,834,705
WDC	Western Digital Corp	−89,736	197,152	$33,963,375
BROS	Dutch Bros Inc.	−72,696	3,580	$219,167
TEAM	Atlassian Corp	−50,548	6,516	$1,056,504
LITE	Lumentum Holdings Inc.	−46,113	110,164	$40,605,348
TSLA	Tesla, Inc.	−40,462	48,674	$21,889,671
EBAY	Ebay Inc	−30,080	8,586	$747,840
CRS	Carpenter Technology Corp	−25,472	8,974	$2,825,374
ORCL	Oracle Corp	−23,137	6,911	$1,347,023
AVAV	AeroVironment Inc	−6,378	1,102	$266,562
MDB	MongoDB, Inc.	−1,354	1,045	$438,576
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AMZN	Amazon Com Inc	323,162	$74,592,252
AGX	Argan Inc	91,197	$28,573,844
GILD	Gilead Sciences, Inc.	207,554	$25,475,177
BIDU	Baidu, Inc.	165,172	$21,581,373
MU	Micron Technology Inc	60,494	$17,265,592
CRDO	Credo Technology Group Holding Ltd	114,650	$16,496,988
HTHT	H World Group Ltd	224,550	$10,565,077
RDDT	Reddit, Inc.	45,169	$10,382,998
MCD	Mcdonalds Corp	31,480	$9,621,232
PWR	Quanta Services, Inc.	22,527	$9,507,745
CTSH	Cognizant Technology Solutions Corp	110,855	$9,200,965
SNDK	Sandisk Corp	27,800	$6,599,164
MMYT	MakeMyTrip Ltd	77,600	$6,372,512
APH	Amphenol Corp /De/	43,000	$5,811,020
ROST	Ross Stores, Inc.	31,800	$5,728,452
SPGI	S&P Global Inc.	10,120	$5,288,610
H	Hyatt Hotels Corp	31,600	$5,066,112
ARWR	Arrowhead Pharmaceuticals, Inc.	57,900	$3,843,981
ALNY	Alnylam Pharmaceuticals, Inc.	8,880	$3,531,132
BWXT	BWX Technologies, Inc.	17,100	$2,955,564
PTGX	Protagonist Therapeutics, Inc	26,390	$2,304,902
FIX	Comfort Systems USA Inc	1,416	$1,321,538
DASH	DoorDash, Inc.	5,303	$1,201,023
SGML	Sigma Lithium Corp	83,600	$1,102,684
SEI	Solaris Energy Infrastructure, Inc.	19,476	$895,311
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
TME	Tencent Music Entertainment Group	2,243,614	$52,365,950
BABA	Alibaba Group Holding Ltd	198,435	$35,466,287
AVGO	Broadcom Inc.	87,393	$28,831,824
META	Meta Platforms, Inc.	38,775	$28,475,584
YMM	Full Truck Alliance Co. Ltd.	1,559,186	$20,222,642
VRT	Vertiv Holdings Co	125,088	$18,870,775
SNPS	Synopsys Inc	24,355	$12,016,513
BTDR	Bitdeer Technologies Group	458,958	$7,843,592
SFM	Sprouts Farmers Market, Inc.	57,730	$6,281,024
SAP	Sap SE	23,449	$6,265,807
ONON	On Holding AG	125,024	$5,294,766
ZEPP	Zepp Health Corp	105,100	$4,811,478
BE	Bloom Energy Corp	56,603	$4,786,915
MNSO	MINISO Group Holding Ltd	192,100	$4,322,250
UNH	Unitedhealth Group Inc	12,450	$4,298,985
ROP	Roper Technologies Inc	7,000	$3,490,830
ISRG	Intuitive Surgical Inc	6,700	$2,996,441
LMT	Lockheed Martin Corp	5,100	$2,545,971
GOOGL	Alphabet Inc.	6,467	$1,572,127
RTX	RTX Corp	7,657	$1,281,245
SPOT	Spotify Technology S.A.	1,056	$737,088
AS	Amer Sports, Inc.	20,456	$710,846
CGNX	Cognex Corp	14,222	$644,256
HD	Home Depot, Inc.	1,515	$613,862
ZS	Zscaler, Inc.	1,486	$445,294
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

73 positions · $892,298,053 total · as of Dec 31, 2025

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

Showing 1–50 of 73 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	541,065	+189,577	$100,908,622	+53.9%	11.31%
SE	Sea Ltd Consumer Cyclical	Added	656,666	+75,135	$83,770,881	−19.4%	9.39%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	323,162	NEW	$74,592,252	NEW	8.36%
IQV	Iqvia Holdings Inc. Healthcare	Added	245,924	+99,696	$55,433,728	+99.6%	6.21%
MSFT	Microsoft Corp Technology	Added	95,180	+32,122	$46,030,951	+40.9%	5.16%
LITE	Lumentum Holdings Inc. Technology	Reduced	110,164	-46,113	$40,605,348	+59.7%	4.55%
COHR	Coherent Corp. Technology	Added	206,701	+23,096	$38,150,803	+92.9%	4.28%
WDC	Western Digital Corp Technology	Reduced	197,152	-89,736	$33,963,375	−1.4%	3.81%
AGX	Argan Inc Industrials	NEW	91,197	NEW	$28,573,844	NEW	3.20%
GILD	Gilead Sciences, Inc. Healthcare	NEW	207,554	NEW	$25,475,177	NEW	2.86%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	48,674	-40,462	$21,889,671	−44.8%	2.45%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Added	35,864	+23,784	$21,698,078	+228.5%	2.43%
BIDU	Baidu, Inc. Communication Services	NEW	165,172	NEW	$21,581,373	NEW	2.42%
STX	Seagate Technology Holdings plc Technology	Added	70,051	+19,730	$19,291,344	+62.4%	2.16%
MU	Micron Technology Inc Technology	NEW	60,494	NEW	$17,265,592	NEW	1.93%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	114,650	NEW	$16,496,988	NEW	1.85%
FLS	Flowserve Corp Industrials	Added	236,165	+232,365	$16,385,127	+8014.2%	1.84%
CCJ	Cameco Corp Energy	Added	157,879	+8,245	$14,444,349	+15.1%	1.62%
URI	United Rentals, Inc. Industrials	Added	16,329	+16,076	$13,215,386	+5371.6%	1.48%
HTHT	H World Group Ltd Consumer Cyclical	NEW	224,550	NEW	$10,565,077	NEW	1.18%
RDDT	Reddit, Inc. Communication Services	NEW	45,169	NEW	$10,382,998	NEW	1.16%
LLY	ELI LILLY & Co Healthcare	Added	9,560	+4,360	$10,273,941	+158.9%	1.15%
PONY	Pony AI Inc. Technology	Added	668,658	+447,250	$9,695,541	+94.7%	1.09%
MCD	Mcdonalds Corp Consumer Cyclical	NEW	31,480	NEW	$9,621,232	NEW	1.08%
PWR	Quanta Services, Inc. Industrials	NEW	22,527	NEW	$9,507,745	NEW	1.07%
CTSH	Cognizant Technology Solutions Corp Technology	NEW	110,855	NEW	$9,200,965	NEW	1.03%
SNOW	Snowflake Inc. Technology	Added	41,871	+19,236	$9,184,822	+79.9%	1.03%
WRD	WeRide Inc. Technology	Added	979,885	+137,496	$8,505,401	+2.0%	0.95%
TPR	Tapestry, Inc. Consumer Cyclical	Added	62,622	+9,303	$8,001,212	+32.5%	0.90%
NU	Nu Holdings Ltd. Financial Services	Added	459,366	+179,266	$7,689,786	+71.5%	0.86%
MIR	Mirion Technologies, Inc. Industrials	Reduced	309,887	-571,706	$7,257,553	−64.6%	0.81%
SNDK	Sandisk Corp Technology	NEW	27,800	NEW	$6,599,164	NEW	0.74%
MMYT	MakeMyTrip Ltd Consumer Cyclical	NEW	77,600	NEW	$6,372,512	NEW	0.71%
PANW	Palo Alto Networks Inc Technology	Added	33,610	+10,961	$6,190,962	+34.2%	0.69%
ICLR	Icon PLC Healthcare	Held	33,526	0	$6,109,107	+4.1%	0.68%
APH	Amphenol Corp /De/ Technology	NEW	43,000	NEW	$5,811,020	NEW	0.65%
ROST	Ross Stores, Inc. Consumer Cyclical	NEW	31,800	NEW	$5,728,452	NEW	0.64%
SPGI	S&P Global Inc. Financial Services	NEW	10,120	NEW	$5,288,610	NEW	0.59%
H	Hyatt Hotels Corp Consumer Cyclical	NEW	31,600	NEW	$5,066,112	NEW	0.57%
WMB	Williams Companies, Inc. Energy	Added	79,110	+3,671	$4,755,302	−0.5%	0.53%
ARWR	Arrowhead Pharmaceuticals, Inc. Healthcare	NEW	57,900	NEW	$3,843,981	NEW	0.43%
ATI	Ati Inc Industrials	Reduced	33,415	-227,865	$3,834,705	−82.0%	0.43%
ALNY	Alnylam Pharmaceuticals, Inc. Healthcare	NEW	8,880	NEW	$3,531,132	NEW	0.40%
BWXT	BWX Technologies, Inc. Industrials	NEW	17,100	NEW	$2,955,564	NEW	0.33%
CRS	Carpenter Technology Corp Industrials	Reduced	8,974	-25,472	$2,825,374	−66.6%	0.32%
PTGX	Protagonist Therapeutics, Inc Healthcare	NEW	26,390	NEW	$2,304,902	NEW	0.26%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	6,640	+3,639	$2,017,829	+140.7%	0.23%
RBLX	Roblox Corp Communication Services	Added	24,500	+18,945	$1,985,235	+158.0%	0.22%
ORCL	Oracle Corp Technology	Reduced	6,911	-23,137	$1,347,023	−84.1%	0.15%
FIX	Comfort Systems USA Inc Industrials	NEW	1,416	NEW	$1,321,538	NEW	0.15%