13F COMBINATION REPORT
Temasek Holdings (Private) Ltd
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001104659-25-077958
Total Value
$26.16B
Positions
131
Other Managers
30
Confidential Omitted
No
Holdings (131)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BLACKROCK INC | BLK | 5,092,825 | $5.34B | 20.43% |
| 2 | VISA INC | V | 5,911,111 | $2.10B | 8.02% |
| 3 | MASTERCARD INCORPORATED | MA | 2,756,079 | $1.55B | 5.92% |
| 4 | NVIDIA CORPORATION | NVDA | 7,832,823 | $1.24B | 4.73% |
| 5 | ROBLOX CORP | RBLX | 10,695,471 | $1.13B | 4.30% |
| 6 | MICROSOFT CORP | MSFT | 2,001,218 | $995.4M | 3.81% |
| 7 | AMAZON COM INC | AMZN | 4,377,655 | $960.4M | 3.67% |
| 8 | ICICI BANK LIMITED | IBN | 27,084,196 | $911.1M | 3.48% |
| 9 | INTAPP INC | INTA | 17,146,805 | $885.1M | 3.38% |
| 10 | BROADCOM INC | AVGO | 3,141,051 | $865.8M | 3.31% |
| 11 | DOORDASH INC | DASH | 3,102,158 | $764.7M | 2.92% |
| 12 | HDFC BANK LTD | HDB | 8,895,662 | $682.0M | 2.61% |
| 13 | ALPHABET INC | GOOG | 3,438,365 | $605.9M | 2.32% |
| 14 | TPG INC | TPGXL | 9,202,634 | $482.7M | 1.85% |
| 15 | THERMO FISHER SCIENTIFIC INC | TMO | 1,143,487 | $463.6M | 1.77% |
| 16 | S&P GLOBAL INC | SPGI | 839,404 | $442.6M | 1.69% |
| 17 | SEA LTD | SE | 2,475,226 | $395.9M | 1.51% |
| 18 | AIRBNB INC | ABNB | 2,302,511 | $304.7M | 1.16% |
| 19 | GE VERNOVA INC | GEV | 469,597 | $248.5M | 0.95% |
| 20 | BEONE MEDICINES LTD | BEIGF | 1,010,465 | $244.6M | 0.94% |
| 21 | MSCI INC | MSCI | 392,047 | $226.1M | 0.86% |
| 22 | H WORLD GROUP LTD | HWLDF | 6,240,710 | $211.7M | 0.81% |
| 23 | ALIBABA GROUP HLDG LTD | BBAAY | 1,850,754 | $209.9M | 0.80% |
| 24 | ZTO EXPRESS CAYMAN INC | ZTOEF | 10,426,750 | $185.1M | 0.71% |
| 25 | YUM CHINA HLDGS INC | YUMC | 3,721,858 | $166.4M | 0.64% |
| 26 | BIONTECH SE | BNTX | 1,506,027 | $160.3M | 0.61% |
| 27 | PDD HOLDINGS INC | PDD | 1,451,954 | $152.0M | 0.58% |
| 28 | TECK RESOURCES LTD | TCKRF | 3,567,379 | $144.1M | 0.55% |
| 29 | APPLE INC | AAPL | 700,544 | $143.7M | 0.55% |
| 30 | INTUIT | INTU | 180,357 | $142.1M | 0.54% |
| 31 | PROGRESSIVE CORP | 743315103 | 438,647 | $117.1M | 0.45% |
| 32 | BOSTON SCIENTIFIC CORP | BSX | 1,085,411 | $116.6M | 0.45% |
| 33 | CAMECO CORP | CCJ | 1,537,571 | $114.1M | 0.44% |
| 34 | KRANESHARES TRUST | 500767306 | 3,273,592 | $112.4M | 0.43% |
| 35 | BROADCOM INC | AVGO | 400,000 | $110.3M | 0.42% |
| 36 | ERMENEGILDO ZEGNA N V | ZGN | 12,699,981 | $108.6M | 0.42% |
| 37 | META PLATFORMS INC | META | 142,475 | $105.2M | 0.40% |
| 38 | FLYWIRE CORPORATION | FLYW | 8,684,895 | $101.6M | 0.39% |
| 39 | GE AEROSPACE | 369604301 | 378,126 | $97.3M | 0.37% |
| 40 | E2OPEN PARENT HOLDINGS INC | 29788T103 | 29,248,151 | $94.5M | 0.36% |
| 41 | PAYONEER GLOBAL INC | PAYO | 13,748,577 | $94.2M | 0.36% |
| 42 | SERVICENOW INC | NOW | 90,155 | $92.7M | 0.35% |
| 43 | DESCARTES SYS GROUP INC | 249906108 | 896,779 | $91.2M | 0.35% |
| 44 | MARVELL TECHNOLOGY INC | MRVL | 1,156,814 | $89.5M | 0.34% |
| 45 | WELLS FARGO CO NEW | 949746101 | 1,085,923 | $87.0M | 0.33% |
| 46 | ELI LILLY & CO | LLY | 109,261 | $85.2M | 0.33% |
| 47 | ONESTREAM INC | OS | 2,956,360 | $83.7M | 0.32% |
| 48 | GLOBAL E ONLINE LTD | GLBE | 2,491,323 | $83.6M | 0.32% |
| 49 | EATON CORP PLC | ETN | 217,354 | $77.6M | 0.30% |
| 50 | SELECT SECTOR SPDR TR | 81369Y308 | 942,195 | $76.3M | 0.29% |
| 51 | LINDE PLC | LIN | 162,356 | $76.2M | 0.29% |
| 52 | DENALI THERAPEUTICS INC | DNLI | 5,355,832 | $74.9M | 0.29% |
| 53 | ORACLE CORP | ORCL-PD | 319,305 | $69.8M | 0.27% |
| 54 | TRIP COM GROUP LTD | TRPCF | 953,869 | $55.9M | 0.21% |
| 55 | GUARDANT HEALTH INC | GH | 1,044,097 | $54.3M | 0.21% |
| 56 | MICROSOFT CORP | MSFT | 107,900 | $53.7M | 0.21% |
| 57 | ISHARES INC | 464286772 | 736,400 | $52.9M | 0.20% |
| 58 | NETEASE INC | NETTF | 366,075 | $49.3M | 0.19% |
| 59 | DYNATRACE INC | DT | 883,590 | $48.8M | 0.19% |
| 60 | ELASTIC N V | ESTC | 570,555 | $48.1M | 0.18% |
| 61 | GE VERNOVA INC | GEV | 90,000 | $47.6M | 0.18% |
| 62 | TWILIO INC | TWLO | 349,729 | $43.5M | 0.17% |
| 63 | BILL HOLDINGS INC | BILL | 919,807 | $42.6M | 0.16% |
| 64 | NETFLIX INC | NFLX | 31,387 | $42.0M | 0.16% |
| 65 | KANZHUN LIMITED | BZ | 2,286,274 | $40.8M | 0.16% |
| 66 | SNOWFLAKE INC | SNOW | 182,161 | $40.8M | 0.16% |
| 67 | DATADOG INC | DDOG | 286,300 | $38.5M | 0.15% |
| 68 | SOUTHERN COPPER CORP | SCCO | 379,798 | $38.4M | 0.15% |
| 69 | SCHWAB STRATEGIC TR | 808524870 | 1,410,000 | $37.6M | 0.14% |
| 70 | FREEPORT-MCMORAN INC | FCX | 832,754 | $36.1M | 0.14% |
| 71 | PEPSICO INC | PEP | 269,181 | $35.5M | 0.14% |
| 72 | CADENCE DESIGN SYSTEM INC | CDNS | 109,830 | $33.8M | 0.13% |
| 73 | MARSH & MCLENNAN COS INC | 571748102 | 143,356 | $31.3M | 0.12% |
| 74 | ISHARES TR | 46429B598 | 538,508 | $30.0M | 0.11% |
| 75 | ALCOA CORP | AA | 978,244 | $28.9M | 0.11% |
| 76 | VERTIV HOLDINGS CO | VRT | 217,280 | $27.9M | 0.11% |
| 77 | VERTIV HOLDINGS CO | VRT | 217,200 | $27.9M | 0.11% |
| 78 | NVIDIA CORPORATION | NVDA | 169,900 | $26.8M | 0.10% |
| 79 | MICRON TECHNOLOGY INC | MU | 208,245 | $25.7M | 0.10% |
| 80 | WALMART INC | WMT | 255,662 | $25.0M | 0.10% |
| 81 | SES AI CORPORATION | SES-WT | 28,069,319 | $24.9M | 0.10% |
| 82 | INTUIT | INTU | 30,300 | $23.9M | 0.09% |
| 83 | SYNOPSYS INC | SNPS | 45,307 | $23.2M | 0.09% |
| 84 | CHIPOTLE MEXICAN GRILL INC | CMG | 409,772 | $23.0M | 0.09% |
| 85 | KE HLDGS INC | BEKE | 1,231,992 | $21.9M | 0.08% |
| 86 | DANAHER CORPORATION | 235851102 | 109,900 | $21.7M | 0.08% |
| 87 | XPENG INC | XPNGF | 1,194,538 | $21.4M | 0.08% |
| 88 | TPG INC | TPGXL | 400,000 | $21.0M | 0.08% |
| 89 | HUDBAY MINERALS INC | HBM | 1,972,808 | $20.9M | 0.08% |
| 90 | KKR & CO INC | KKRT | 151,123 | $20.1M | 0.08% |
| 91 | JD.COM INC | JDCMF | 589,256 | $19.2M | 0.07% |
| 92 | BLAIZE HLDGS INC | BZAIW | 6,353,023 | $18.9M | 0.07% |
| 93 | CARPENTER TECHNOLOGY CORP | CRS | 63,880 | $17.7M | 0.07% |
| 94 | NVIDIA CORPORATION | NVDA | 108,300 | $17.1M | 0.07% |
| 95 | MSCI INC | MSCI | 28,100 | $16.2M | 0.06% |
| 96 | JPMORGAN CHASE & CO. | VYLD | 49,870 | $14.5M | 0.06% |
| 97 | SALESFORCE INC | CRM | 46,773 | $12.8M | 0.05% |
| 98 | PFIZER INC | PFE | 520,900 | $12.6M | 0.05% |
| 99 | AMAZON COM INC | AMZN | 57,400 | $12.6M | 0.05% |
| 100 | MASTEC INC | MTZ | 70,988 | $12.1M | 0.05% |
| 101 | VIPSHOP HLDGS LTD | VIPS | 779,230 | $11.7M | 0.04% |
| 102 | VISA INC | V | 32,900 | $11.7M | 0.04% |
| 103 | TESLA INC | TSLA | 34,950 | $11.1M | 0.04% |
| 104 | ERO COPPER CORP | ERO | 634,610 | $10.7M | 0.04% |
| 105 | NVENT ELECTRIC PLC | NVT | 143,751 | $10.5M | 0.04% |
| 106 | EMCOR GROUP INC | EME | 18,847 | $10.1M | 0.04% |
| 107 | TALEN ENERGY CORP | TLN | 34,147 | $9.9M | 0.04% |
| 108 | VISTRA CORP | VST | 50,893 | $9.9M | 0.04% |
| 109 | AMPHENOL CORP NEW | 032095101 | 96,080 | $9.5M | 0.04% |
| 110 | GENERAC HLDGS INC | GNRC | 65,787 | $9.4M | 0.04% |
| 111 | QUANTA SVCS INC | 74762E102 | 24,168 | $9.1M | 0.03% |
| 112 | BOOKING HOLDINGS INC | BKNG | 1,508 | $8.7M | 0.03% |
| 113 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 45,045 | $8.3M | 0.03% |
| 114 | COSTCO WHSL CORP NEW | 22160K105 | 8,202 | $8.1M | 0.03% |
| 115 | CINTAS CORP | CTAS | 36,405 | $8.1M | 0.03% |
| 116 | MONSTER BEVERAGE CORP NEW | MNST | 126,785 | $7.9M | 0.03% |
| 117 | ABBVIE INC | ABBV | 42,473 | $7.9M | 0.03% |
| 118 | FIRST SOLAR INC | FSLR | 44,192 | $7.3M | 0.03% |
| 119 | SERVICETITAN INC | TTAN | 61,685 | $6.6M | 0.03% |
| 120 | FERRARI N V | RACE | 11,529 | $5.7M | 0.02% |
| 121 | UNITY SOFTWARE INC | U | 208,333 | $5.0M | 0.02% |
| 122 | WORKDAY INC | WDAY | 17,873 | $4.3M | 0.02% |
| 123 | PALO ALTO NETWORKS INC | PANW | 20,441 | $4.2M | 0.02% |
| 124 | AUTOMATIC DATA PROCESSING IN | ADP | 13,152 | $4.1M | 0.02% |
| 125 | KEURIG DR PEPPER INC | KDP | 99,805 | $3.3M | 0.01% |
| 126 | SAMSARA INC | IOT | 74,171 | $3.0M | 0.01% |
| 127 | TRANE TECHNOLOGIES PLC | TT | 1,934 | $845,951 | 0.00% |
| 128 | CONSTELLATION ENERGY CORP | CEG | 2,507 | $809,159 | 0.00% |
| 129 | EMERSON ELEC CO | EMR | 5,652 | $753,581 | 0.00% |
| 130 | OPENDOOR TECHNOLOGIES INC | OPENZ | 878,794 | $468,398 | 0.00% |
| 131 | BOLT PROJS HLDGS INC | 09769B206 | 123,593 | $348,532 | 0.00% |