Temasek Holdings

Temasek Holdings Portfolio holdings

AUM $37.3B Turnover 40.09%
1-Year Est. Return 12.6%
This Fund
S&P 500
This Quarter Est. Return
+15.76%
1 Year Est. Return
+12.6%
3 Year Est. Return
+93.72%
5 Year Est. Return
+64.47%
10 Year Est. Return
+501.94%
AUM
$37.3B
AUM Growth
+$6.77B
Cap. Flow
+$3.67B
Cap. Flow %
9.86%
Top 10 Hldgs %
51.42%
Holding
217
New
66
Increased
44
Reduced
49
Closed
21
Avg Time Held Equity + Options
1.5 years
Top 10 Avg Time Held Equity + Options
3.3 years
Top 20 Avg Time Held Equity + Options
4.1 years
Avg Time Held Equity only
1.6 years
Top 10 Avg Time Held Equity only
3.3 years
Top 20 Avg Time Held Equity only
4.1 years

Top Buys

Rank Stock Value
1
SPCX icon
SpaceX
SPCX
+$1.67B
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$854M
3
GOOG icon
Alphabet (Google) Class C
GOOG
+$715M
4
ASML icon
ASML
ASML
+$178M
5
ANET icon
Arista Networks
ANET
+$105M

Top Sells

Rank Stock Value
1
CRM icon
Salesforce
CRM
+$151M
2
BLK icon
Blackrock
BLK
+$140M
3
MRVL icon
Marvell Technology
MRVL
+$131M
4
PDD icon
Pinduoduo
PDD
+$120M
5
WDAY icon
Workday
WDAY
+$116M

Sector Composition

Rank Sector Weight
1 Financials 33.4%
2 Technology 19.24%
3 Consumer Discretionary 11.62%
4 Communication Services 11.29%
5 Industrials 10.66%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
BLK icon
1
Blackrock
BLK
$165B
$5B 13.41%
5,195,165
-135,327
-3% -$140M
2020 Q2
24 quarters
GOOGL icon
2
Alphabet (Google) Class A
GOOGL
$4.26T
$2.53B 6.79%
7,076,378
+2,373,642
+50% +$854M
2023 Q3
11 quarters
V icon
3
Visa
V
$735B
$2.26B 6.08%
6,597,214
-74,414
-1% -$23.9M
2016 Q4
38 quarters
NVDA icon
4
NVIDIA
NVDA
$5.33T
$1.68B 4.51%
8,404,723
-498,085
-6% -$102M
2022 Q1
17 quarters
SPCX icon
5
SpaceX
SPCX
$2T
$1.68B 4.51%
+9,831,945
New +$1.67B
2026 Q2
0 quarters
MA icon
6
Mastercard
MA
$528B
$1.67B 4.49%
3,253,602
+34,891
+1% +$17.4M
2016 Q4
38 quarters
AVGO icon
7
Broadcom
AVGO
$1.65T
$1.41B 3.79%
3,740,773
+200,143
+6% +$80.2M
2023 Q3
11 quarters
AMZN icon
8
Amazon
AMZN
$2.73T
$1.09B 2.92%
4,570,184
+86,112
+2% +$21.6M
2016 Q4
38 quarters
MSFT icon
9
Microsoft
MSFT
$3.97T
$986M 2.65%
2,642,483
-24,598
-0.9% -$9.95M
2023 Q3
11 quarters
IBN icon
10
ICICI Bank
IBN
$101B
$848M 2.28%
29,195,789
– –
2016 Q2
40 quarters
GOOG icon
11
Alphabet (Google) Class C
GOOG
$4.21T
$707M 1.9%
+2,000,000
New +$715M
2026 Q2
0 quarters
DASH icon
12
DoorDash
DASH
$78.3B
$639M 1.71%
3,461,501
– –
2020 Q4
22 quarters
SPGI icon
13
S&P Global
SPGI
$120B
$614M 1.65%
1,506,913
+110,461
+8% +$46.6M
2022 Q1
17 quarters
TMO icon
14
Thermo Fisher Scientific
TMO
$250B
$583M 1.57%
1,163,729
-32,070
-3% -$15.4M
2014 Q1
49 quarters
GEV icon
15
GE Vernova
GEV
$247B
$561M 1.51%
477,264
-60,864
-11% -$62.1M
2024 Q2
8 quarters
SE icon
16
Sea Limited
SE
$58.1B
$551M 1.48%
5,744,587
+461,726
+9% +$40.6M
2020 Q3
23 quarters
INTA icon
17
Intapp
INTA
$3.01B
$432M 1.16%
17,146,805
– –
2021 Q2
20 quarters
RBLX icon
18
Roblox
RBLX
$34.1B
$423M 1.14%
7,777,760
– –
2021 Q1
21 quarters
TPG icon
19
TPG
TPG
$6.93B
$412M 1.11%
10,163,065
+134,958
+1% +$5.67M
2022 Q1
17 quarters
HDB icon
20
HDFC Bank
HDB
$116B
$395M 1.06%
15,305,232
+2,745,576
+22% +$68.8M
2018 Q1
33 quarters
ZGN icon
21
Zegna
ZGN
$3.42B
$355M 0.95%
27,242,276
– –
2025 Q2
4 quarters
TECK icon
22
Teck Resources
TECK
$31.7B
$338M 0.91%
5,685,453
– –
2024 Q2
8 quarters
KKR icon
23
KKR & Co
KKR
$75.8B
$337M 0.9%
3,669,339
+146,542
+4% +$14.2M
2025 Q1
5 quarters
LRCX icon
24
Lam Research
LRCX
$358B
$327M 0.88%
755,004
-5,331
-0.7% -$1.62M
2026 Q1
1 quarter
ABNB icon
25
Airbnb
ABNB
$97.9B
$318M 0.85%
2,222,194
– –
2021 Q2
20 quarters
1
2 3 4 5

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Temasek Holdings's Q2 2026 Portfolio in Review

As of Q2 2026, Temasek Holdings held 217 positions worth $37.3B, up 22% from $30.5B the previous quarter. Its ten largest holdings account for 51% of the portfolio.

Temasek Holdings deployed $3.67B of net new capital in Q2 2026, opening 66 new positions and adding to 44 existing holdings. Its largest new stake was SpaceX: 9,831,945 shares worth $1.68B.

By sector, the portfolio is most concentrated in Financials at 33% of assets, down from 39% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was Blackrock, an estimated $140M trimmed.

  • Temasek Holdings's largest Q2 2026 buy was SpaceX: 9,831,945 shares worth $1.68B.
  • Temasek Holdings added most to Alphabet (Google) Class A in Q2 2026, an estimated $854M increase.
  • Temasek Holdings's biggest Q2 2026 reduction was Blackrock, cutting an estimated $140M.
  • Temasek Holdings fully exited Salesforce in Q2 2026, selling an estimated $151M.
  • Temasek Holdings's ten largest holdings make up 51% of its $37.3B portfolio in Q2 2026.
  • Temasek Holdings opened 66 new positions and closed 21 in Q2 2026.
  • Temasek Holdings's portfolio value rose 22% quarter-over-quarter to $37.3B.

Based on Temasek Holdings's 13F filing for Q2 2026, filed 7 Aug 2026.