Temasek Holdings Portfolio
Temasek Holdings is managed by Temasek Holdings; 13F filer (CIK 0001021944).
Q2 2023 · 74 positions · Total reported value $13.75B · Top-10 concentration 53.4%
Turnover: 60.4% · 55 new · 45 cut · 13 exited
Active Share (vs S&P 500): 68.2% · vs QQQ: 72.4% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2023 13F filing, Temasek Holdings disclosed 74 equity positions with a combined reported value of $13.75B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 53.4% of reported value. HoldingsHub classifies the profile as Large / Consumer Tilt / High Turnover.
The largest disclosed positions as of Q2 2023 were V ($1.28B), INTA ($823.40M), BABA ($797.14M). By sector, the heaviest allocations are Consumer Discretionary 35.5%, Technology 19.0%. Versus the prior quarter, allocation shifted toward Other (+2.6pp), Technology (+0.6pp) and away from Health Care (-0.9pp), Industrials (-1.1pp).
Versus the prior quarter, Temasek Holdings opened 55 new positions, trimmed 45 and fully exited 13, a turnover rate of 60.4% of positions. The portfolio's overlap with the prior quarter was 86% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | V | VISA INC | 5.41M | $1.28B | 9.34% | Hold |
| 2 | INTA | INTAPP INC | 19.65M | $823.40M | 5.99% | Reduce |
| 3 | BABA | ALIBABA GROUP HLDG LTD | 9.56M | $797.14M | 5.80% | Hold |
| 4 | MA | MASTERCARD INCORPORATED | 1.97M | $774.60M | 5.63% | Hold |
| 5 | BILL | BILL HOLDINGS INC | 5.63M | $657.55M | 4.78% | Hold |
| 6 | VMW | VMWARE INC. CLASS A | 4.57M | $657.14M | 4.78% | Hold |
| 7 | PYPL | PAYPAL HLDGS INC | 9.50M | $634.12M | 4.61% | Hold |
| 8 | TMO | THERMO FISHER SCIENTIFIC INC | 1.15M | $601.44M | 4.38% | Add |
| 9 | IBN | ICICI BANK LIMITED | 25.22M | $582.01M | 4.23% | Hold |
| 10 | ONC | BEONE MEDICINES LTD | 3.01M | $536.35M | 3.90% | Add |
| 11 | BNTX | BIONTECH SE | 4.52M | $487.64M | 3.55% | Add |
| 12 | RBLX | ROBLOX CORP | 11.36M | $457.99M | 3.33% | Hold |
| 13 | SPGI | S&P GLOBAL INC | 1.04M | $416.05M | 3.03% | Hold |
| 14 | AMZN | AMAZON COM INC | 3.15M | $411.22M | 2.99% | Hold |
| 15 | DASH | DOORDASH INC | 4.89M | $373.55M | 2.72% | Hold |
| 16 | HDB | HDFC BANK LTD | 4.87M | $339.77M | 2.47% | Hold |
| 17 | FLYW | FLYWIRE CORPORATION | 10.64M | $330.13M | 2.40% | Hold |
| 18 | SNOW | SNOWFLAKE INC | 1.51M | $264.97M | 1.93% | Add |
| 19 | ZTO | ZTO EXPRESS CAYMAN INC | 10.43M | $261.50M | 1.90% | Hold |
| 20 | GOVT | ISHARES US TREASURY BOND ETF | 11.38M | $260.67M | 1.90% | Add |
| 21 | ABNB | AIRBNB INC | 1.87M | $240.25M | 1.75% | Hold |
| 22 | SE | SEA LTD | 3.56M | $206.90M | 1.50% | Add |
| 23 | DNLI | DENALI THERAPEUTICS INC | 6.90M | $203.50M | 1.48% | Hold |
| 24 | NVDA | NVIDIA CORPORATION | 461.88K | $195.38M | 1.42% | Reduce |
| 25 | ETWO | E2OPEN PARENT HOLDINGS INC | 29.25M | $163.79M | 1.19% | Hold |
| 26 | TPG | TPG INC | 5.22M | $152.74M | 1.11% | Hold |
| 27 | IWM | ISHARES TR | 805.00K | $150.75M | 1.10% | New |
| 28 | GH | GUARDANT HEALTH INC | 3.96M | $141.91M | 1.03% | Add |
| 29 | BEAM | BEAM THERAPEUTICS INC | 4.32M | $137.87M | 1.00% | Add |
| 30 | VIR | VIR BIOTECHNOLOGY INC | 5.13M | $125.93M | 0.92% | Reduce |
| 31 | MSCI | MSCI INC | 266.86K | $125.23M | 0.91% | Add |
| 32 | JD | JD.COM INC | 3.53M | $120.65M | 0.88% | Add |
| 33 | YUMC | YUM CHINA HLDGS INC | 1.82M | $102.99M | 0.75% | Hold |
| 34 | PAYO | PAYONEER GLOBAL INC | 20.24M | $97.36M | 0.71% | Hold |
| 35 | GLBE | GLOBAL E ONLINE LTD | 2.11M | $86.47M | 0.63% | Hold |
| 36 | SES | SES AI CORPORATION | 34.68M | $84.61M | 0.61% | Hold |
| 37 | BX | BLACKSTONE INC | 753.13K | $70.02M | 0.51% | Hold |
| 38 | NOW | SERVICENOW INC | 84.64K | $47.57M | 0.35% | New |
| 39 | GRCL | GRACELL BIOTECHNOLOGIES INC | 9.90M | $37.73M | 0.27% | Hold |
| 40 | SCHP | SCHWAB STRATEGIC TR | 705.00K | $36.96M | 0.27% | New |
| 41 | CHRS | COHERUS ONCOLOGY INC | 7.38M | $31.52M | 0.23% | Hold |
| 42 | KWEB | KRANESH CSI CHINA INTERNET | 1.06M | $28.64M | 0.21% | Hold |
| 43 | TOST | TOAST INC | 1.16M | $26.18M | 0.19% | Hold |
| 44 | GGR | GOGORO INC | 7.50M | $25.88M | 0.19% | Reduce |
| 45 | FRGE | FORGE GLOBAL HOLDINGS INC | 8.61M | $20.92M | 0.15% | Hold |
| 46 | STNE | STONECO LTD | 1.23M | $15.73M | 0.11% | Hold |
| 47 | MU | MICRON TECHNOLOGY INC | 208.25K | $13.14M | 0.10% | Hold |
| 48 | AKLI | AKILI INC | 11.51M | $12.78M | 0.09% | Hold |
| 49 | BLND | BLEND LABS INC | 11.88M | $11.25M | 0.08% | Hold |
| 50 | ILMN | ILLUMINA INC | 55.45K | $10.40M | 0.08% | Hold |