undamentalytics Newsletter
Sign in

Institution

Temasek Holdings (Private) Ltd

13F for the quarter to June 30, 2026, filed August 7, 2026 · SEC CIK 1021944

Reported value
$36.5bn
92% in companies we cover
Positions we cover
163
Largest BLK 13.7%
Copy, a year
+9.0%
S&P 500 +14.1%
Copy Sharpe ratio
0.41
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$31.4k
CopyS&P 500 $10,000 copying Temasek Holdings (Private) Ltd's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −49.7% (S&P 500 −31.8%); beta 1.11; alpha −4.5% a year (t = −1.11); last 12 months −0.6% against +12.1%.

Reported value by quarter

Temasek Holdings (Private) Ltd: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $10T $20T $30T Reported value, 2013-06-30: $3.9B Reported value, 2013-09-30: $3.6B Reported value, 2013-12-31: $4.8B Reported value, 2014-03-31: $6.5B Reported value, 2014-06-30: $6.7B Reported value, 2014-09-30: $9.4B Reported value, 2014-12-31: $9.6B Reported value, 2015-03-31: $13.3B Reported value, 2015-06-30: $16B Reported value, 2015-09-30: $10.5B Reported value, 2015-12-31: $13.2B Reported value, 2016-03-31: $12.7B Reported value, 2016-06-30: $12.8B Reported value, 2016-09-30: $12.3B Reported value, 2016-12-31: $12.5B Reported value, 2017-03-31: $13.4B Reported value, 2017-06-30: $15.5B Reported value, 2017-09-30: $17.2B Reported value, 2017-12-31: $16.3B Reported value, 2018-03-31: $18.2B Reported value, 2018-06-30: $19B Reported value, 2018-09-30: $17.2B Reported value, 2018-12-31: $14.5B Reported value, 2019-03-31: $14.4B Reported value, 2019-06-30: $14B Reported value, 2019-09-30: $13.6B Reported value, 2019-12-31: $15.3B Reported value, 2020-03-31: $13.1B Reported value, 2020-06-30: $16.5B Reported value, 2020-09-30: $19.4B Reported value, 2020-12-31: $23B Reported value, 2021-03-31: $25.3B Reported value, 2021-06-30: $29.9B Reported value, 2021-09-30: $28.6B Reported value, 2021-12-31: $27.7B Reported value, 2022-03-31: $23.7T Reported value, 2022-06-30: $18.3T Reported value, 2022-09-30: $16.7T Reported value, 2022-12-31: $17.1T Reported value, 2023-03-31: $16.9B Reported value, 2023-06-30: $17.3B Reported value, 2023-09-30: $16.8B Reported value, 2023-12-31: $17.9B Reported value, 2024-03-31: $18.1B Reported value, 2024-06-30: $21.5B Reported value, 2024-09-30: $24.7B Reported value, 2024-12-31: $25.2B Reported value, 2025-03-31: $24.8B Reported value, 2025-06-30: $25.8B Reported value, 2025-09-30: $28.7B Reported value, 2025-12-31: $31B Reported value, 2026-03-31: $29.7B Reported value, 2026-06-30: $36.5B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $36.5B
View chart data
Period Reported value
2013-06-30 $3.9B
2013-09-30 $3.6B
2013-12-31 $4.8B
2014-03-31 $6.5B
2014-06-30 $6.7B
2014-09-30 $9.4B
2014-12-31 $9.6B
2015-03-31 $13.3B
2015-06-30 $16B
2015-09-30 $10.5B
2015-12-31 $13.2B
2016-03-31 $12.7B
2016-06-30 $12.8B
2016-09-30 $12.3B
2016-12-31 $12.5B
2017-03-31 $13.4B
2017-06-30 $15.5B
2017-09-30 $17.2B
2017-12-31 $16.3B
2018-03-31 $18.2B
2018-06-30 $19B
2018-09-30 $17.2B
2018-12-31 $14.5B
2019-03-31 $14.4B
2019-06-30 $14B
2019-09-30 $13.6B
2019-12-31 $15.3B
2020-03-31 $13.1B
2020-06-30 $16.5B
2020-09-30 $19.4B
2020-12-31 $23B
2021-03-31 $25.3B
2021-06-30 $29.9B
2021-09-30 $28.6B
2021-12-31 $27.7B
2022-03-31 $23.7T
2022-06-30 $18.3T
2022-09-30 $16.7T
2022-12-31 $17.1T
2023-03-31 $16.9B
2023-06-30 $17.3B
2023-09-30 $16.8B
2023-12-31 $17.9B
2024-03-31 $18.1B
2024-06-30 $21.5B
2024-09-30 $24.7B
2024-12-31 $25.2B
2025-03-31 $24.8B
2025-06-30 $25.8B
2025-09-30 $28.7B
2025-12-31 $31B
2026-03-31 $29.7B
2026-06-30 $36.5B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
BLKBlackRock13.69%$5.0bn5.20M−2.5% Reduced
GOOGLAlphabet Inc. (Class A)6.93%$2.5bn7.08M+50.5% Added
VVisa Inc.6.20%$2.3bn6.60M−1.1% Reduced
NVDANVIDIA Corporation4.61%$1.7bn8.40M−5.6% Reduced
SPCXSpace Exploration Technologies Corp4.60%$1.7bn9.83MNew
MAMastercard4.58%$1.7bn3.25M+1.1% Added
AVGOBroadcom3.87%$1.4bn3.74M+5.7% Added
AMZNAmazon2.98%$1.1bn4.57M+1.9% Added
MSFTMicrosoft Corporation2.70%$985.7m2.64M−0.9% Reduced
DASHDoorDash1.75%$638.8m3.46M0.0%
SPGIS&P Global1.68%$613.7m1.51M+7.9% Added
TMOThermo Fisher Scientific1.60%$583.4m1.16M−2.7% Reduced
GEVGE Vernova1.54%$560.7m477.3K−11.3% Reduced
SESea Ltd1.51%$550.5m5.74M+8.7% Added
INTAIntapp, Inc.1.18%$432.3m17.15M0.0%
RBLXRoblox Corp1.16%$423.0m7.78M0.0%
TPGTPG Inc.1.13%$412.1m10.16M+1.3% Added
HDBHdfc Bank LTD1.08%$395.3m15.31M+21.9% Added
ZGNErmenegildo Zegna N.V.0.97%$354.7m27.24M0.0%
KKRKKR & Co.0.92%$336.8m3.67M+4.2% Added
LRCXLam Research0.90%$327.2m755.0K−0.7% Reduced
ABNBAirbnb0.87%$318.0m2.22M0.0%
BKNGBooking Holdings0.83%$304.9m1.71M+2950.4% Added
PDDPDD Holdings Inc.0.76%$276.4m3.62M−26.5% Reduced
TDGTransDigm Group0.74%$271.0m203.4K−7.1% Reduced
MRVLMarvell Technology0.70%$256.5m861.0K−43.2% Reduced
CDNSCadence Design Systems Inc0.69%$252.4m672.5K−10.2% Reduced
LINLinde plc0.68%$247.7m477.4K−0.8% Reduced
FIXComfort Systems USA0.68%$246.6m124.4K+31.9% Added
ONCBeone Medicines Ltd.0.66%$241.0m845.7K−2.0% Reduced
APOApollo Global Management0.66%$240.1m2.03M−14.3% Reduced
GEGE Aerospace0.62%$226.1m605.0K+0.3%
ASMLAsml Holding NV0.61%$223.0m112.1KNew
LLYLilly (Eli)0.50%$181.7m151.5K−12.6% Reduced
NFLXNetflix0.49%$180.4m2.53M+22.1% Added
DNLIDenali Therapeutics Inc.0.49%$180.4m7.01M0.0%
WFCWells Fargo0.49%$179.9m2.18M+31.0% Added
MSCIMSCI0.47%$171.7m306.5K−28.0% Reduced
ISRGIntuitive Surgical0.47%$171.3m430.8K+89.6% Added
METAMeta Platforms0.46%$167.3m297.0K+22.6% Added
STRLSterling Infrastructure, Inc.0.45%$162.6m193.7K+228.6% Added
GEHCGE HealthCare0.44%$161.0m2.52M−22.9% Reduced
UNHUnitedHealth Group0.42%$154.6m371.9K−3.6% Reduced
FTAIFTAI Aviation Ltd.0.42%$153.6m567.9K+81.7% Added
GHGuardant Health, Inc.0.42%$153.6m1.02M+3.9% Added
MUMicron Technology0.42%$153.5m133.0K+98.9% Added
CATCaterpillar Inc.0.41%$149.8m140.7K+167.7% Added
PGRProgressive Corporation0.40%$146.8m672.0K−32.4% Reduced
AAPLApple Inc.0.40%$146.0m504.5K−1.7% Reduced
BNTXBiontech SE0.38%$140.1m1.51M0.0%
DSGXDescartes Systems Group Inc0.38%$139.1m2.01M+37.4% Added
UUnity Software Inc.0.36%$131.0m4.58M0.0%
BABAAlibaba Group Holding Ltd0.34%$126.0m1.31M0.0%
VRTVertiv0.34%$125.8m375.7K−8.7% Reduced
ANETArista Networks0.31%$113.7m669.1KNew
CRDOCredo Technology Group Holding Ltd0.31%$113.0m415.5KNew
FLYWFlywire Corp0.30%$108.5m6.17M0.0%
MRKMerck & Co.0.29%$104.9m816.1KNew
AZNAstrazeneca PLC0.28%$103.5m554.4K+51.7% Added
BSXBoston Scientific0.28%$102.4m2.40M0.0%
PANWPalo Alto Networks0.28%$101.5m297.5K−35.9% Reduced
KLACKLA Corporation0.27%$97.7m323.9K+900.0% Added
HTHTH World Group Ltd0.26%$96.3m2.31M+4.5% Added
ZTOZTO Express (cayman) Inc.0.25%$92.8m4.15M0.0%
CCJCameco Corp0.25%$91.6m899.4K+37.9% Added
NTESNetease, Inc.0.25%$90.7m708.1K0.0%
MMYTMakemytrip Ltd0.25%$90.7m1.70M0.0%
TCOMTrip.com Group Ltd0.24%$89.2m2.24M0.0%
HDThe Home Depot0.24%$89.2m252.8K+54.9% Added
DEDeere & Company0.24%$86.6m136.5K+106.4% Added
PEPPepsiCo0.21%$78.5m579.6K0.0%
YUMCYum China Holdings, Inc.0.21%$78.3m1.92M−29.5% Reduced
ASAmer Sports, Inc.0.21%$78.1m2.31M−37.0% Reduced
WMTWalmart0.21%$77.6m684.7K+220.5% Added
AADXApplied Aerospace & Defense, Inc.0.20%$74.0m3.25MNew
TJXTJX Companies0.20%$72.6m479.5KNew
AAAlcoa Corp0.19%$67.8m1.30M0.0%
ARXSArxis, Inc.0.17%$63.4m1.37MNew
CBRSCerebras Systems Inc.0.17%$61.7m279.2KNew
BZKanzhun Ltd0.15%$55.9m4.35M0.0%
MRSHMarsh McLennan0.15%$54.3m326.0K+42.3% Added
DHRDanaher Corporation0.15%$53.7m281.8K−8.2% Reduced
SCCOSouthern Copper Corp/0.13%$47.6m273.0K+1.0% Added
FCXFreeport-McMoRan0.12%$42.1m669.2K0.0%
BEKEKE Holdings Inc.0.12%$42.1m2.90M−5.0% Reduced
TERTeradyne0.11%$39.3m81.2K−9.2% Reduced
GLBEGlobal-e Online Ltd.0.10%$38.0m1.10M−39.4% Reduced
QCOMQualcomm0.10%$36.1m195.4KNew
ATATAtour Lifestyle Holdings Ltd0.09%$34.2m1.08M+1275.9% Added
APPApplovin Corp0.09%$32.4m62.8K−52.3% Reduced
SNOWSnowflake Inc.0.08%$30.2m118.7K−41.8% Reduced
HBMHudbay Minerals Inc.0.08%$29.9m1.27M+11.5% Added
SNDKSandisk0.08%$29.7m13.1K−57.2% Reduced
CTSHCognizant0.08%$28.5m734.9K+8.9% Added
VNETVnet Group, Inc.0.08%$28.3m3.53M+143.8% Added
NXENexgen Energy Ltd.0.07%$26.1m2.78M+14.0% Added
YSSYork Space Systems Inc.0.07%$25.3m1.03M+128.4% Added
GGenpact LTD0.07%$24.1m876.7K+8.7% Added
WDCWestern Digital0.07%$23.6m36.9K−55.6% Reduced
GLWCorning Inc.0.06%$22.7m88.8KNew
DPCDPC Holdings PLC0.06%$22.1m450.0KNew
STXSeagate Technology0.06%$21.7m22.4K−61.4% Reduced
TMETencent Music Entertainment Group0.06%$21.4m2.56M0.0%
LITELumentum0.05%$18.9m22.0K−15.0% Reduced
EROEro Copper Corp.0.04%$16.3m612.5K+5.8% Added
DNNDenison Mines Corp.0.04%$14.8m4.84M+29.9% Added
AMDAdvanced Micro Devices0.04%$14.6m25.1KNew
FORMFormfactor Inc0.04%$14.1m88.2KNew
CLSCelestica Inc0.04%$12.9m35.3K−8.1% Reduced
ADIAnalog Devices0.04%$12.6m31.7K−38.0% Reduced
AGXArgan Inc0.03%$12.2m15.2K−48.2% Reduced
UECUranium Energy Corp0.03%$11.5m1.08M+40.3% Added
UUUUEnergy Fuels Inc0.03%$11.3m781.3K+40.0% Added
CAMTCamtek LTD0.03%$10.7m65.9KNew
BACBank of America0.03%$9.9m174.0KNew
MSMorgan Stanley0.03%$9.7m46.4KNew
JPMJPMorgan Chase0.03%$9.7m29.6KNew
GSGoldman Sachs0.03%$9.3m9.2KNew
COHRCoherent Corp.0.02%$8.4m21.3KNew
MTSIMacom Technology Solutions Holdings, Inc.0.02%$8.1m21.3KNew
BKSYBlacksky Technology Inc.0.02%$8.1m288.6KNew
CSCOCisco0.02%$8.0m67.7KNew
CRSCarpenter Technology Corp0.02%$6.7m10.8K0.0%
CIENCiena0.02%$6.5m13.3K−70.2% Reduced
NTRANatera, Inc.0.02%$6.3m23.1KNew
HNGEHinge Health, Inc.0.02%$6.2m75.2KNew
FNFabrinet0.02%$6.1m10.9KNew
SNPSSynopsys Inc0.02%$5.9m13.3K−81.5% Reduced
TEMTempus AI, Inc.0.02%$5.8m99.3KNew
RDNTRadnet, Inc.0.01%$5.4m87.0KNew
WIXWix.com Ltd.0.01%$5.2m115.3K0.0%
STTState Street Corporation0.01%$5.2m30.6KNew
CCitigroup0.01%$5.2m37.0KNew
HCAHCA Healthcare0.01%$5.1m13.1KNew
FITBFifth Third Bancorp0.01%$5.0m89.1KNew
PNCPNC Financial Services0.01%$5.0m20.3KNew
USBU.S. Bancorp0.01%$4.9m80.9KNew
BNYBNY Mellon0.01%$4.9m33.7KNew
MCKMcKesson0.01%$4.8m6.3KNew
MTBM&T Bank0.01%$4.8m20.0KNew
HBANHuntington Bancshares0.01%$4.8m268.5KNew
COFCapital One0.01%$4.7m23.3KNew
HTFLHeartflow, Inc.0.01%$4.6m157.6KNew
TFCTruist Financial0.01%$4.5m91.2KNew
NTRSNorthern Trust0.01%$4.4m25.5KNew
CFGCitizens Financial Group0.01%$4.1m58.3KNew
BEBloom Energy0.01%$3.7m12.2K−96.6% Reduced
RFRegions Financial Corporation0.01%$3.6m117.9KNew
KEYKeyCorp0.01%$3.4m149.4KNew
KDPKeurig Dr Pepper0.01%$3.3m99.8K0.0%
CompanyBought (value)Shares
SPCXSpace Exploration Technologies Corp$1.7bn9.83M
GOOGLAlphabet Inc. (Class A)$848.3m2.37M
BKNGBooking Holdings$294.9m1.65M
ASMLAsml Holding NV$223.0m112.1K
ANETArista Networks$113.7m669.1K
STRLSterling Infrastructure, Inc.$113.1m134.8K
CRDOCredo Technology Group Holding Ltd$113.0m415.5K
MRKMerck & Co.$104.9m816.1K
CATCaterpillar Inc.$93.8m88.1K
KLACKLA Corporation$87.9m291.5K
ISRGIntuitive Surgical$81.0m203.6K
MUMicron Technology$76.3m66.1K
AVGOBroadcom$75.6m200.1K
AADXApplied Aerospace & Defense, Inc.$74.0m3.25M
TJXTJX Companies$72.6m479.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
MRVLMarvell Technology−$195.2m−655.4K
CRMSalesforce−$151.2m−809.9K
BLKBlackRock−$130.1m−135.3K
WDAYWorkday, Inc.−$115.5m−889.3K
BEBloom Energy−$105.1m−347.1K
NVDANVIDIA Corporation−$99.7m−498.1K
PDDPDD Holdings Inc.−$99.4m−1.30M
GEVGE Vernova−$71.5m−60.9K
PGRProgressive Corporation−$70.3m−321.6K
MSCIMSCI−$66.8m−119.3K
PANWPalo Alto Networks−$56.8m−166.6K
GEHCGE HealthCare−$47.7m−745.9K
ASAmer Sports, Inc.−$45.9m−1.36M
NEENextEra Energy−$42.6m−459.2K
APOApollo Global Management−$40.1m−338.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
CRMSalesforce$151.2m809.9K
WDAYWorkday, Inc.$115.5m889.3K
NEENextEra Energy$42.6m459.2K
INTUIntuit$36.8m85.1K
NOWServiceNow$35.8m342.2K
PAYOPayoneer Global Inc.$32.5m6.73M
NKENike, Inc.$24.9m472.0K
XPEVXpeng Inc.$20.4m1.19M
FLYFirefly Aerospace Inc.$18.9m663.2K
CMICummins$12.4m23.0K
RPIDRapid Micro Biosystems, Inc.$49,52721.8K
  • Financials34.7%
  • Technology21.1%
  • Communication Services11.9%
  • Industrials11.8%
  • Consumer Discretionary11.1%
  • Health Care7.0%
  • Materials1.4%
  • Consumer Staples0.5%
  • Energy0.4%
  • Real Estate0.1%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+9.0%+14.1%0.410.78−49.7%1.11
2018 onwardsJanuary 5, 2018 to November 2, 2026+5.8%+13.9%0.240.66−49.7%1.08
Last three yearsNovember 3, 2023 to November 2, 2026+17.7%+21.8%0.751.16−19.8%1.17
Last yearNovember 7, 2025 to November 2, 2026+1.7%+14.2%−0.060.84−17.1%1.19

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.