Temasek Holdings portfolio Q2 2026 — 13F holdings, buys and sells

Temasek Holdings reported 196 US-listed positions worth $37.3B at the end of Q2 2026. The top three — Blackrock (13.4%), Alphabet (6.79%), Visa (6.08%) — make up 26.3% of the portfolio. Against Q1 2026 it opened 58 new positions, sold out of 14, added to 41 and trimmed 39.

$37.3BReported value

196Positions

58 / 22New / Sold out

New positions

58

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Space Exploration Techn	SPCX	1.7B	4.51%	9,831,945	New
Alphabet	GOOG	707M	1.90%	2,000,000	New
AAsml Hldg	—	223M	0.60%	112,079	New
Arista Networks	ANET	114M	0.31%	669,072	New
CCredo Technology Group Holdi	—	113M	0.30%	415,508	New
Merck &	MRK	105M	0.28%	816,101	New
Applied Aerospace & Defense	AADX	74.0M	0.20%	3,250,000	New
TJX Cos	TJX	72.6M	0.20%	479,513	New
Vaneck ETF Trust	GDX	68.4M	0.18%	906,800	New
Arxis	ARXS	63.4M	0.17%	1,373,801	New
Cerebras Systems	CBRS	61.7M	0.17%	279,200	New
Qualcomm	QCOM	36.1M	0.10%	195,386	New
Global X Fds	COPX	32.9M	0.09%	426,814	New
Spdr Gold Tr	GLD	25.2M	0.07%	68,500	New
Corning	GLW	22.7M	0.06%	88,833	New
DDpc Holdings	—	22.1M	0.06%	450,000	New
Advanced Micro Devices	AMD	14.6M	0.04%	25,102	New
Formfactor	FORM	14.1M	0.04%	88,197	New
Nokia	NOK	12.4M	0.03%	936,787	New
CCamtek	—	10.7M	0.03%	65,875	New
Bank Of Amer	BAC	9.9M	0.03%	173,972	New
Morgan Stanley	MS	9.7M	0.03%	46,402	New
Jpmorgan Chase &	JPM	9.7M	0.03%	29,588	New
Goldman Sachs Group	GS	9.3M	0.03%	9,233	New
Coherent	COHR	8.4M	0.02%	21,300	New

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Space Exploration Techn

SPCX

1.7B

4.51%

9,831,945

New

Alphabet

GOOG

707M

1.90%

2,000,000

New

AAsml Hldg

—

223M

0.60%

112,079

New

Arista Networks

ANET

114M

0.31%

669,072

New

CCredo Technology Group Holdi

—

113M

0.30%

415,508

New

Merck &

MRK

105M

0.28%

816,101

New

Applied Aerospace & Defense

AADX

74.0M

0.20%

3,250,000

New

TJX Cos

TJX

72.6M

0.20%

479,513

New

Vaneck ETF Trust

GDX

68.4M

0.18%

906,800

New

Arxis

ARXS

63.4M

0.17%

1,373,801

New

Cerebras Systems

CBRS

61.7M

0.17%

279,200

New

Qualcomm

QCOM

36.1M

0.10%

195,386

New

Global X Fds

COPX

32.9M

0.09%

426,814

New

Spdr Gold Tr

GLD

25.2M

0.07%

68,500

New

Corning

GLW

22.7M

0.06%

88,833

New

DDpc Holdings

—

22.1M

0.06%

450,000

New

Advanced Micro Devices

AMD

14.6M

0.04%

25,102

New

Formfactor

FORM

14.1M

0.04%

88,197

New

Nokia

NOK

12.4M

0.03%

936,787

New

CCamtek

—

10.7M

0.03%

65,875

New

Bank Of Amer

BAC

9.9M

0.03%

173,972

New

Morgan Stanley

MS

9.7M

0.03%

46,402

New

Jpmorgan Chase &

JPM

9.7M

0.03%

29,588

New

Goldman Sachs Group

GS

9.3M

0.03%

9,233

New

Coherent

COHR

8.4M

0.02%

21,300

New

Sold out

14

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Salesforce	CRM	151M	—	809,900	Sold out
Workday	WDAY	116M	—	889,318	Sold out
OOnestream	—	102M	—	4,266,714	Sold out
Nextera Energy	NEE	42.6M	—	459,165	Sold out
Ishares	EWZ	41.3M	—	1,076,815	Sold out
Intuit	INTU	36.8M	—	85,100	Sold out
Servicenow	NOW	35.8M	—	342,230	Sold out
Payoneer Global	PAYO	32.5M	—	6,725,231	Sold out
Nike	NKE	24.9M	—	471,984	Sold out
Xpeng	XPEV	20.4M	—	1,194,538	Sold out
Firefly Aerospace	FLY	18.9M	—	663,155	Sold out
Cummins	CMI	12.4M	—	23,019	Sold out
TTaseko Mines	—	2.7M	—	423,901	Sold out
Rapid Micro Biosystems	RPID	0.0M	—	21,818	Sold out

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Salesforce

CRM

151M

—

809,900

Sold out

Workday

WDAY

116M

—

889,318

Sold out

OOnestream

—

102M

—

4,266,714

Sold out

Nextera Energy

NEE

42.6M

—

459,165

Sold out

Ishares

EWZ

41.3M

—

1,076,815

Sold out

Intuit

INTU

36.8M

—

85,100

Sold out

Servicenow

NOW

35.8M

—

342,230

Sold out

Payoneer Global

PAYO

32.5M

—

6,725,231

Sold out

Nike

NKE

24.9M

—

471,984

Sold out

Xpeng

XPEV

20.4M

—

1,194,538

Sold out

Firefly Aerospace

FLY

18.9M

—

663,155

Sold out

Cummins

CMI

12.4M

—

23,019

Sold out

TTaseko Mines

—

2.7M

—

423,901

Sold out

Rapid Micro Biosystems

RPID

0.0M

—

21,818

Sold out

Added to

41

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Alphabet	GOOGL	2.5B	6.79%	7,076,378	▲ 50%
Mastercard Incorporated	MA	1.7B	4.49%	3,253,602	▲ 1%
Broadcom	AVGO	1.4B	3.79%	3,740,773	▲ 6%
Amazon	AMZN	1.1B	2.92%	4,570,184	▲ 2%
S&P Global	SPGI	614M	1.65%	1,506,913	▲ 8%
Sea	SE	551M	1.48%	5,744,587	▲ 9%
Tpg	TPG	412M	1.11%	10,163,065	▲ 1%
Hdfc Bank	HDB	395M	1.06%	15,305,232	▲ 22%
Kkr &	KKR	337M	0.90%	3,669,339	▲ 4%
Booking	BKNG	305M	0.82%	1,710,363	▲ 22%
Comfort Sys USA	FIX	247M	0.66%	124,436	▲ 32%
Netflix	NFLX	180M	0.48%	2,526,344	▲ 22%
Wells Fargo &	WFC	180M	0.48%	2,176,553	▲ 31%
Ishares	EWY	172M	0.46%	849,798	▲ 27%
Intuitive Surgical	ISRG	171M	0.46%	430,769	▲ 90%

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Alphabet

GOOGL

2.5B

6.79%

7,076,378

▲ 50%

Mastercard Incorporated

MA

1.7B

4.49%

3,253,602

▲ 1%

Broadcom

AVGO

1.4B

3.79%

3,740,773

▲ 6%

Amazon

AMZN

1.1B

2.92%

4,570,184

▲ 2%

S&P Global

SPGI

614M

1.65%

1,506,913

▲ 8%

Sea

SE

551M

1.48%

5,744,587

▲ 9%

Tpg

TPG

412M

1.11%

10,163,065

▲ 1%

Hdfc Bank

HDB

395M

1.06%

15,305,232

▲ 22%

Kkr &

KKR

337M

0.90%

3,669,339

▲ 4%

Booking

BKNG

305M

0.82%

1,710,363

▲ 22%

Comfort Sys USA

FIX

247M

0.66%

124,436

▲ 32%

Netflix

NFLX

180M

0.48%

2,526,344

▲ 22%

Wells Fargo &

WFC

180M

0.48%

2,176,553

▲ 31%

Ishares

EWY

172M

0.46%

849,798

▲ 27%

Intuitive Surgical

ISRG

171M

0.46%

430,769

▲ 90%

Trimmed

39

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Blackrock	BLK	5.0B	13.4%	5,195,165	▼ 3%
Visa	V	2.3B	6.08%	6,597,214	▼ 1%
Nvidia	NVDA	1.7B	4.51%	8,404,723	▼ 6%
Thermo Fisher Scientific	TMO	583M	1.57%	1,163,729	▼ 3%
GE Vernova	GEV	561M	1.51%	477,264	▼ 11%
PDD	PDD	276M	0.74%	3,622,972	▼ 26%
Transdigm Group	TDG	271M	0.73%	203,419	▼ 7%
Marvell Technology	MRVL	256M	0.69%	860,962	▼ 43%
Cadence Design System	CDNS	252M	0.68%	672,466	▼ 10%
Beone Medicines	ONC	241M	0.65%	845,729	▼ 2%
Apollo Global Mgmt	APO	240M	0.64%	2,029,395	▼ 14%
Eli Lilly &	LLY	182M	0.49%	151,473	▼ 13%
Msci	MSCI	172M	0.46%	306,549	▼ 28%
GE Healthcare Technologies I	GEHC	161M	0.43%	2,515,393	▼ 23%
Unitedhealth Group	UNH	155M	0.41%	371,886	▼ 4%

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Blackrock

BLK

5.0B

13.4%

5,195,165

▼ 3%

Visa

V

2.3B

6.08%

6,597,214

▼ 1%

Nvidia

NVDA

1.7B

4.51%

8,404,723

▼ 6%

Thermo Fisher Scientific

TMO

583M

1.57%

1,163,729

▼ 3%

GE Vernova

GEV

561M

1.51%

477,264

▼ 11%

PDD

276M

0.74%

3,622,972

▼ 26%

Transdigm Group

TDG

271M

0.73%

203,419

▼ 7%

Marvell Technology

MRVL

256M

0.69%

860,962

▼ 43%

Cadence Design System

CDNS

252M

0.68%

672,466

▼ 10%

Beone Medicines

ONC

241M

0.65%

845,729

▼ 2%

Apollo Global Mgmt

APO

240M

0.64%

2,029,395

▼ 14%

Eli Lilly &

LLY

182M

0.49%

151,473

▼ 13%

Msci

MSCI

172M

0.46%

306,549

▼ 28%

GE Healthcare Technologies I

GEHC

161M

0.43%

2,515,393

▼ 23%

Unitedhealth Group

UNH

155M

0.41%

371,886

▼ 4%

All holdings

196

CSV ↓

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Blackrock	BLK	5.0B	13.4%	5,195,165	▼ 3%
Alphabet	GOOGL	2.5B	6.79%	7,076,378	▲ 50%
Visa	V	2.3B	6.08%	6,597,214	▼ 1%
Nvidia	NVDA	1.7B	4.51%	8,404,723	▼ 6%
Space Exploration Techn	SPCX	1.7B	4.51%	9,831,945	New
Mastercard Incorporated	MA	1.7B	4.49%	3,253,602	▲ 1%
Broadcom	AVGO	1.4B	3.79%	3,740,773	▲ 6%
Amazon	AMZN	1.1B	2.92%	4,570,184	▲ 2%
Microsoft	MSFT	986M	2.65%	2,642,483	–
Icici Bank	IBN	848M	2.28%	29,195,789	–
Alphabet	GOOG	707M	1.90%	2,000,000	New
Doordash	DASH	639M	1.71%	3,461,501	–
S&P Global	SPGI	614M	1.65%	1,506,913	▲ 8%
Thermo Fisher Scientific	TMO	583M	1.57%	1,163,729	▼ 3%
GE Vernova	GEV	561M	1.51%	477,264	▼ 11%
Sea	SE	551M	1.48%	5,744,587	▲ 9%
Intapp	INTA	432M	1.16%	17,146,805	–
Roblox	RBLX	423M	1.14%	7,777,760	–
Tpg	TPG	412M	1.11%	10,163,065	▲ 1%
Hdfc Bank	HDB	395M	1.06%	15,305,232	▲ 22%
EErmenegildo Zegna	—	355M	0.95%	27,242,276	–
Teck Resources	TECK	338M	0.91%	5,685,453	–
Kkr &	KKR	337M	0.90%	3,669,339	▲ 4%
Lam Research	LRCX	327M	0.88%	755,004	–
Airbnb	ABNB	318M	0.85%	2,222,194	–
Booking	BKNG	305M	0.82%	1,710,363	▲ 22%
J P Morgan Exchange Traded F	JPST	299M	0.80%	5,919,494	–
PDD	PDD	276M	0.74%	3,622,972	▼ 26%
Transdigm Group	TDG	271M	0.73%	203,419	▼ 7%
Marvell Technology	MRVL	256M	0.69%	860,962	▼ 43%
Cadence Design System	CDNS	252M	0.68%	672,466	▼ 10%
LLinde	—	248M	0.66%	477,371	–
Comfort Sys USA	FIX	247M	0.66%	124,436	▲ 32%
Beone Medicines	ONC	241M	0.65%	845,729	▼ 2%
Apollo Global Mgmt	APO	240M	0.64%	2,029,395	▼ 14%
GE Aerospace	GE	226M	0.61%	605,033	–
AAsml Hldg	—	223M	0.60%	112,079	New
Eli Lilly &	LLY	182M	0.49%	151,473	▼ 13%
Netflix	NFLX	180M	0.48%	2,526,344	▲ 22%
Denali Therapeutics	DNLI	180M	0.48%	7,012,974	–
Wells Fargo &	WFC	180M	0.48%	2,176,553	▲ 31%
Msci	MSCI	172M	0.46%	306,549	▼ 28%
Ishares	EWY	172M	0.46%	849,798	▲ 27%
Intuitive Surgical	ISRG	171M	0.46%	430,769	▲ 90%
Meta Platforms	META	167M	0.45%	297,018	▲ 23%
Sterling Infrastructure	STRL	163M	0.44%	193,724	▲ 229%
GE Healthcare Technologies I	GEHC	161M	0.43%	2,515,393	▼ 23%
Unitedhealth Group	UNH	155M	0.41%	371,886	▼ 4%
Invesco Exch Traded Fd Tr Ii	KBWB	154M	0.41%	1,660,256	▲ 50%
FFtai Aviation	—	154M	0.41%	567,875	▲ 82%
Guardant Health	GH	154M	0.41%	1,023,927	▲ 4%
Micron Technology	MU	154M	0.41%	133,006	▲ 99%
Caterpillar	CAT	150M	0.40%	140,673	▲ 168%
Progressive	PGR	147M	0.39%	671,975	▼ 32%
Apple	AAPL	146M	0.39%	504,475	▼ 2%
Biontech	BNTX	140M	0.38%	1,506,027	–
Descartes Sys Group	DSGX	139M	0.37%	2,011,165	▲ 37%
Unity Software	U	131M	0.35%	4,582,843	–
Alibaba Group Hldg	BABA	126M	0.34%	1,313,262	–
Vertiv Holdings	VRT	126M	0.34%	375,695	▼ 9%
GE Vernova (PUT)	GEV	119M	0.32%	101,100	▼ 11%
Arista Networks	ANET	114M	0.31%	669,072	New
CCredo Technology Group Holdi	—	113M	0.30%	415,508	New
Flywire	FLYW	108M	0.29%	6,173,385	–
Merck &	MRK	105M	0.28%	816,101	New
AAstrazeneca	—	104M	0.28%	554,410	▲ 52%
Lam Research (PUT)	LRCX	103M	0.28%	237,200	–
Boston Scientific	BSX	102M	0.27%	2,399,426	–
Palo Alto Networks	PANW	101M	0.27%	297,538	▼ 36%
Ishares Tr	ICSH	99.8M	0.27%	1,973,943	–
KLA	KLAC	97.7M	0.26%	323,870	–
H World Group	HTHT	96.3M	0.26%	2,309,215	▲ 4%
Zto Express Cayman	ZTO	92.8M	0.25%	4,147,325	–
Cameco	CCJ	91.6M	0.25%	899,442	▲ 38%
Netease	NTES	90.7M	0.24%	708,114	–
MMakemytrip Limited Mauritius	—	90.7M	0.24%	1,701,456	–
Trip Com Group	TCOM	89.2M	0.24%	2,239,671	–
Home Depot	HD	89.2M	0.24%	252,804	▲ 55%
Deere &	DE	86.6M	0.23%	136,546	▲ 106%
Sterling Infrastructure (PUT)	STRL	84.5M	0.23%	100,700	New
Pepsico	PEP	78.5M	0.21%	579,619	–
Yum China	YUMC	78.3M	0.21%	1,916,519	▼ 29%
AAmer Sports	—	78.1M	0.21%	2,308,829	▼ 37%
Walmart	WMT	77.6M	0.21%	684,723	▲ 220%
Applied Aerospace & Defense	AADX	74.0M	0.20%	3,250,000	New
TJX Cos	TJX	72.6M	0.20%	479,513	New
Unity Software (PUT)	U	72.3M	0.19%	2,529,800	▼ 16%
Vaneck ETF Trust	GDX	68.4M	0.18%	906,800	New
Alcoa	AA	67.8M	0.18%	1,300,647	–
Arxis	ARXS	63.4M	0.17%	1,373,801	New
Cerebras Systems	CBRS	61.7M	0.17%	279,200	New
Kanzhun	BZ	55.9M	0.15%	4,345,925	–
Marsh & Mclennan Cos	MRSH	54.3M	0.15%	325,980	▲ 42%
Danaher	DHR	53.7M	0.14%	281,764	▼ 8%
Meta Platforms (PUT)	META	52.1M	0.14%	92,500	▼ 18%
Southern Copper	SCCO	47.6M	0.13%	272,979	–
Nvidia (PUT)	NVDA	46.0M	0.12%	230,000	–
Freeport Mcmoran	FCX	42.1M	0.11%	669,247	–
Ke	BEKE	42.1M	0.11%	2,896,151	▼ 5%
Vertiv Holdings (PUT)	VRT	39.4M	0.11%	117,800	–
Teradyne	TER	39.3M	0.11%	81,246	▼ 9%
GGlobal E Online	—	38.0M	0.10%	1,095,454	▼ 39%
Qualcomm	QCOM	36.1M	0.10%	195,386	New
Atour Lifestyle	ATAT	34.2M	0.09%	1,076,555	▲ 14×
Transdigm Group (PUT)	TDG	32.9M	0.09%	24,700	New
Global X Fds	COPX	32.9M	0.09%	426,814	New
Applovin	APP	32.4M	0.09%	62,825	▼ 52%
Snowflake	SNOW	30.2M	0.08%	118,671	▼ 42%
Hudbay Minerals	HBM	29.9M	0.08%	1,269,125	▲ 12%
Sandisk	SNDK	29.7M	0.08%	13,062	▼ 57%
Applovin (PUT)	APP	28.7M	0.08%	55,800	▼ 48%
Cognizant Technology Solutio	CTSH	28.5M	0.08%	734,928	▲ 9%
Vnet Group	VNET	28.3M	0.08%	3,525,444	▲ 144%
Thermo Fisher Scientific (PUT)	TMO	28.0M	0.08%	55,800	▲ 8%
Nexgen Energy	NXE	26.1M	0.07%	2,777,870	▲ 14%
FFtai Aviation (CALL)	—	25.9M	0.07%	95,700	New
CCredo Technology Group Holdi (CALL)	—	25.5M	0.07%	93,800	New
York Space Systems	YSS	25.3M	0.07%	1,027,774	▲ 128%
Spdr Gold Tr	GLD	25.2M	0.07%	68,500	New
Intuitive Surgical (CALL)	ISRG	25.1M	0.07%	63,100	New
GGenpact	—	24.1M	0.06%	876,672	▲ 9%
Western Digital	WDC	23.6M	0.06%	36,924	▼ 56%
Corning	GLW	22.7M	0.06%	88,833	New
DDpc Holdings	—	22.1M	0.06%	450,000	New
Cerebras Systems (PUT)	CBRS	22.0M	0.06%	99,400	New
SSeagate Technology Hldngs Pl	—	21.7M	0.06%	22,443	▼ 61%
Tencent Music Entmt Group	TME	21.4M	0.06%	2,561,538	–
Lumentum	LITE	18.9M	0.05%	22,025	▼ 15%
Unity Software (CALL)	U	16.8M	0.05%	588,200	▼ 45%
Ero Copper	ERO	16.3M	0.04%	612,491	▲ 6%
Denison Mines	DNN	14.8M	0.04%	4,844,768	▲ 30%
Advanced Micro Devices	AMD	14.6M	0.04%	25,102	New
Formfactor	FORM	14.1M	0.04%	88,197	New
Celestica	CLS	12.9M	0.03%	35,328	▼ 8%
Analog Devices	ADI	12.6M	0.03%	31,739	▼ 38%
Nokia	NOK	12.4M	0.03%	936,787	New
Argan	AGX	12.2M	0.03%	15,236	▼ 48%
Firefly Aerospace (CALL)	FLY	11.8M	0.03%	400,000	–
Uranium Energy	UEC	11.5M	0.03%	1,079,198	▲ 40%
Energy Fuels	UUUU	11.3M	0.03%	781,288	▲ 40%
CCamtek	—	10.7M	0.03%	65,875	New
Kraneshares Trust	KWEB	10.3M	0.03%	422,950	▼ 83%
Bank Of Amer	BAC	9.9M	0.03%	173,972	New
Morgan Stanley	MS	9.7M	0.03%	46,402	New
Jpmorgan Chase &	JPM	9.7M	0.03%	29,588	New
Goldman Sachs Group	GS	9.3M	0.03%	9,233	New
Coherent	COHR	8.4M	0.02%	21,300	New
Macom Tech Solutions Hldgs I	MTSI	8.1M	0.02%	21,259	New
Blacksky Technology	BKSY	8.1M	0.02%	288,649	New
Cisco Sys	CSCO	8.0M	0.02%	67,718	New
AAsml Hldg (PUT)	—	7.6M	0.02%	3,800	New
Carpenter Technology	CRS	6.7M	0.02%	10,833	–
Ciena	CIEN	6.5M	0.02%	13,264	▼ 70%
Natera	NTRA	6.3M	0.02%	23,076	New
Hinge Health	HNGE	6.2M	0.02%	75,226	New
FFabrinet	—	6.1M	0.02%	10,932	New
Synopsys	SNPS	5.9M	0.02%	13,280	▼ 81%
Tempus AI	TEM	5.8M	0.02%	99,316	New
Booking (PUT)	BKNG	5.7M	0.02%	32,100	▼ 1%
Radnet	RDNT	5.4M	0.01%	86,974	New
WWix	—	5.2M	0.01%	115,282	–
State Str	STT	5.2M	0.01%	30,590	New
Citigroup	C	5.2M	0.01%	36,977	New
Hca Healthcare	HCA	5.1M	0.01%	13,094	New
Fifth Third Bancorp	FITB	5.0M	0.01%	89,076	New
Pnc Finl Svcs Group	PNC	5.0M	0.01%	20,341	New
US Bancorp	USB	4.9M	0.01%	80,920	New
Bank Of Ny Mellon	BNY	4.9M	0.01%	33,705	New
Mckesson	MCK	4.8M	0.01%	6,344	New
M & T Bk	MTB	4.8M	0.01%	20,033	New
Huntington Bancshares	HBAN	4.8M	0.01%	268,473	New
Capital One Finl	COF	4.7M	0.01%	23,263	New
Heartflow	HTFL	4.6M	0.01%	157,644	New
Trekor Metals	TGB	4.6M	0.01%	663,312	New
Truist Finl	TFC	4.5M	0.01%	91,231	New
Northern Tr	NTRS	4.4M	0.01%	25,498	New
AAsml Hldg (CALL)	—	4.2M	0.01%	2,100	New
Citizens Finl Group	CFG	4.1M	0.01%	58,287	New
Bloom Energy	BE	3.7M	0.01%	12,226	▼ 97%
Regions Financial	RF	3.6M	0.01%	117,916	New
Keycorp	KEY	3.4M	0.01%	149,442	New
Keurig Dr Pepper	KDP	3.3M	0.01%	99,805	–
Ses AI	SES	3.0M	0.01%	3,160,712	–
East West Bancorp	EWBC	2.4M	0.01%	18,880	New
Unilever	UL	2.3M	0.01%	38,926	New
Pinnacle Finl Partners	PNFP	2.1M	0.01%	20,795	New
Booking (CALL)	BKNG	1.9M	0.01%	10,500	New
First Horizon	FHN	1.7M	0.00%	65,726	New
Zions Bancorporation Natl As	ZION	1.4M	0.00%	20,277	New
MMagnum Ice Cream	—	1.4M	0.00%	79,000	–
Figure Technology Solutio	FIGR	1.3M	0.00%	41,675	–
Western Alliance Bancorp	WAL	1.2M	0.00%	15,058	New
Blaize	BZAI	1.2M	0.00%	857,215	▼ 67%
Eldorado Gold	EGO	1.0M	0.00%	33,506	New
Caris Life Sciences	CAI	0.2M	0.00%	12,235	–
Pony AI	PONY	0.1M	0.00%	14,510	–

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Blackrock

BLK

5.0B

13.4%

5,195,165

▼ 3%

Alphabet

GOOGL

2.5B

6.79%

7,076,378

▲ 50%

Visa

V

2.3B

6.08%

6,597,214

▼ 1%

Nvidia

NVDA

1.7B

4.51%

8,404,723

▼ 6%

Space Exploration Techn

SPCX

1.7B

4.51%

9,831,945

New

Mastercard Incorporated

MA

1.7B

4.49%

3,253,602

▲ 1%

Broadcom

AVGO

1.4B

3.79%

3,740,773

▲ 6%

Amazon

AMZN

1.1B

2.92%

4,570,184

▲ 2%

Microsoft

MSFT

986M

2.65%

2,642,483

–

Icici Bank

IBN

848M

2.28%

29,195,789

–

Alphabet

GOOG

707M

1.90%

2,000,000

New

Doordash

DASH

639M

1.71%

3,461,501

–

S&P Global

SPGI

614M

1.65%

1,506,913

▲ 8%

Thermo Fisher Scientific

TMO

583M

1.57%

1,163,729

▼ 3%

GE Vernova

GEV

561M

1.51%

477,264

▼ 11%

Sea

SE

551M

1.48%

5,744,587

▲ 9%

Intapp

INTA

432M

1.16%

17,146,805

–

Roblox

RBLX

423M

1.14%

7,777,760

–

Tpg

TPG

412M

1.11%

10,163,065

▲ 1%

Hdfc Bank

HDB

395M

1.06%

15,305,232

▲ 22%

EErmenegildo Zegna

—

355M

0.95%

27,242,276

–

Teck Resources

TECK

338M

0.91%

5,685,453

–

Kkr &

KKR

337M

0.90%

3,669,339

▲ 4%

Lam Research

LRCX

327M

0.88%

755,004

–

Airbnb

ABNB

318M

0.85%

2,222,194

–

Booking

BKNG

305M

0.82%

1,710,363

▲ 22%

J P Morgan Exchange Traded F

JPST

299M

0.80%

5,919,494

–

PDD

276M

0.74%

3,622,972

▼ 26%

Transdigm Group

TDG

271M

0.73%

203,419

▼ 7%

Marvell Technology

MRVL

256M

0.69%

860,962

▼ 43%

Cadence Design System

CDNS

252M

0.68%

672,466

▼ 10%

LLinde

—

248M

0.66%

477,371

–

Comfort Sys USA

FIX

247M

0.66%

124,436

▲ 32%

Beone Medicines

ONC

241M

0.65%

845,729

▼ 2%

Apollo Global Mgmt

APO

240M

0.64%

2,029,395

▼ 14%

GE Aerospace

GE

226M

0.61%

605,033

–

AAsml Hldg

—

223M

0.60%

112,079

New

Eli Lilly &

LLY

182M

0.49%

151,473

▼ 13%

Netflix

NFLX

180M

0.48%

2,526,344

▲ 22%

Denali Therapeutics

DNLI

180M

0.48%

7,012,974

–

Wells Fargo &

WFC

180M

0.48%

2,176,553

▲ 31%

Msci

MSCI

172M

0.46%

306,549

▼ 28%

Ishares

EWY

172M

0.46%

849,798

▲ 27%

Intuitive Surgical

ISRG

171M

0.46%

430,769

▲ 90%

Meta Platforms

META

52.1M

0.14%

92,500

▼ 18%

Southern Copper

SCCO

47.6M

0.13%

272,979

–

Nvidia (PUT)

NVDA

46.0M

0.12%

230,000

–

Freeport Mcmoran

FCX

42.1M

0.11%

669,247

–

Ke

BEKE

42.1M

0.11%

2,896,151

▼ 5%

Vertiv Holdings (PUT)

VRT

39.4M

0.11%

117,800

–

Teradyne

TER

39.3M

0.11%

81,246

▼ 9%

GGlobal E Online

—

38.0M

0.10%

1,095,454

▼ 39%

Qualcomm

QCOM

36.1M

0.10%

195,386

New

Atour Lifestyle

ATAT

34.2M

0.09%

1,076,555

▲ 14×

Transdigm Group (PUT)

TDG

32.9M

0.09%

24,700

New

Global X Fds

COPX

32.9M

0.09%

426,814

New

Applovin

APP

32.4M

0.09%

62,825

▼ 52%

Snowflake

SNOW

30.2M

0.08%

118,671

▼ 42%

Hudbay Minerals

HBM

29.9M

0.08%

1,269,125

▲ 12%

Sandisk

SNDK

29.7M

0.08%

13,062

▼ 57%

Applovin (PUT)

APP

28.7M

0.08%

55,800

▼ 48%

Cognizant Technology Solutio

CTSH

28.5M

0.08%

734,928

▲ 9%

Vnet Group

VNET

28.3M

0.08%

3,525,444

▲ 144%

Thermo Fisher Scientific (PUT)

TMO

28.0M

0.08%

55,800

▲ 8%

Nexgen Energy

NXE

26.1M

0.07%

2,777,870

▲ 14%

FFtai Aviation (CALL)

—

25.9M

0.07%

95,700

New

CCredo Technology Group Holdi (CALL)

—

25.5M

0.07%

93,800

New

York Space Systems

YSS

25.3M

0.07%

1,027,774

▲ 128%

Spdr Gold Tr

GLD

25.2M

0.07%

68,500

New

Intuitive Surgical (CALL)

ISRG

25.1M

0.07%

63,100

New

GGenpact

—

24.1M

0.06%

876,672

▲ 9%

Western Digital

WDC

23.6M

0.06%

36,924

▼ 56%

Corning

GLW

22.7M

0.06%

88,833

New

DDpc Holdings

—

22.1M

0.06%

450,000

New

Cerebras Systems (PUT)

CBRS

22.0M

0.06%

99,400

New

SSeagate Technology Hldngs Pl

—

21.7M

0.06%

22,443

▼ 61%

Tencent Music Entmt Group

TME

21.4M

0.06%

2,561,538

–

Lumentum

LITE

18.9M

0.05%

22,025

▼ 15%

Unity Software (CALL)

U

16.8M

0.05%

588,200

▼ 45%

Ero Copper

ERO

16.3M

0.04%

612,491

▲ 6%

Denison Mines

DNN

14.8M

0.04%

4,844,768

▲ 30%

Advanced Micro Devices

AMD

14.6M

0.04%

25,102

New

Formfactor

FORM

14.1M

0.04%

88,197

New

Celestica

CLS

12.9M

0.03%

35,328

▼ 8%

Analog Devices

ADI

12.6M

0.03%

31,739

▼ 38%

Nokia

NOK

12.4M

0.03%

936,787

New

Argan

AGX

12.2M

0.03%

15,236

▼ 48%

Firefly Aerospace (CALL)

FLY

11.8M

0.03%

400,000

–

Uranium Energy

UEC

11.5M

0.03%

1,079,198

▲ 40%

Energy Fuels

UUUU

11.3M

0.03%

781,288

▲ 40%

CCamtek

—

10.7M

0.03%

65,875

New

Kraneshares Trust

KWEB

10.3M

0.03%

422,950

▼ 83%

Bank Of Amer

BAC

9.9M

0.03%

173,972

New

Morgan Stanley

MS

9.7M

0.03%

46,402

New

Jpmorgan Chase &

JPM

9.7M

0.03%

29,588

New

Goldman Sachs Group

GS

9.3M

0.03%

9,233

New

Coherent

COHR

8.4M

0.02%

21,300

New

Macom Tech Solutions Hldgs I

MTSI

8.1M

0.02%

21,259

New

Blacksky Technology

BKSY

8.1M

0.02%

288,649

New

Cisco Sys

CSCO

8.0M

0.02%

67,718

New

AAsml Hldg (PUT)

—

7.6M

0.02%

3,800

New

Carpenter Technology

CRS

6.7M

0.02%

10,833

–

Ciena

CIEN

6.5M

0.02%

13,264

▼ 70%

Natera

NTRA

6.3M

0.02%

23,076

New

Hinge Health

HNGE

6.2M

0.02%

75,226

New

FFabrinet

—

6.1M

0.02%

10,932

New

Synopsys

SNPS

5.9M

0.02%

13,280

▼ 81%

Tempus AI

TEM

5.8M

0.02%

99,316

New

Booking (PUT)

BKNG

5.7M

0.02%

32,100

▼ 1%

Radnet

RDNT

5.4M

0.01%

86,974

New

WWix

—

5.2M

0.01%

115,282

–

State Str

STT

5.2M

0.01%

30,590

New

Citigroup

C

5.2M

0.01%

36,977

New

Hca Healthcare

HCA

5.1M

0.01%

13,094

New

Fifth Third Bancorp

FITB

5.0M

0.01%

89,076

New

Pnc Finl Svcs Group

PNC

5.0M

0.01%

20,341

New

US Bancorp

USB

4.9M

0.01%

80,920

New

Bank Of Ny Mellon

BNY

4.9M

0.01%

33,705

New

Mckesson

MCK

4.8M

0.01%

6,344

New

M & T Bk

MTB

4.8M

0.01%

20,033

New

Huntington Bancshares

HBAN

4.8M

0.01%

268,473

New

Capital One Finl

COF

4.7M

0.01%

23,263

New

Heartflow

HTFL

4.6M

0.01%

157,644

New

Trekor Metals

TGB

4.6M

0.01%

663,312

New

Truist Finl

TFC

4.5M

0.01%

91,231

New

Northern Tr

NTRS

4.4M

0.01%

25,498

New

AAsml Hldg (CALL)

—

4.2M

0.01%

2,100

New

Citizens Finl Group

CFG

4.1M

0.01%

58,287

New

Bloom Energy

BE

3.7M

0.01%

12,226

▼ 97%

Regions Financial

RF

3.6M

0.01%

117,916

New

Keycorp

KEY

3.4M

0.01%

149,442

New

Keurig Dr Pepper

KDP

3.3M

0.01%

99,805

–

Ses AI

SES

3.0M

0.01%

3,160,712

–

East West Bancorp

EWBC

2.4M

0.01%

18,880

New

Unilever

UL

2.3M

0.01%

38,926

New

Pinnacle Finl Partners

PNFP

2.1M

0.01%

20,795

New

Booking (CALL)

BKNG

1.9M

0.01%

10,500

New

First Horizon

FHN

1.7M

0.00%

65,726

New

Zions Bancorporation Natl As

ZION

1.4M

0.00%

20,277

New

MMagnum Ice Cream

—

1.4M

0.00%

79,000

–

Figure Technology Solutio

FIGR

1.3M

0.00%

41,675

–

Western Alliance Bancorp

WAL

1.2M

0.00%

15,058

New

Blaize

BZAI

1.2M

0.00%

857,215

▼ 67%

Eldorado Gold

EGO

1.0M

0.00%

33,506

New

Caris Life Sciences

CAI

0.2M

0.00%

12,235

–

Pony AI

PONY

0.1M

0.00%

14,510

–

Top 10 holdings by weight · Q2 2026

If you had bought then

Q1 2026 → Q2 2026

Bought Temasek Holdings's top 10 holdings at the end of Q1 2026, in its weights, and they were +8.3% by the end of Q2 2026. The S&P 500 ETF (SPY) moved +14.8% over the same dates.

+8.3%Top 10, weighted

+14.8%S&P 500 (SPY)

-6.6%pDifference

Stock	Weight	Q1 2026 end	Q2 2026 end	Change
Blackrock	32.0%	$961.71	$961.56	-0.0%
Visa	12.6%	$302.24	$343.09	+13.5%
Mastercard Incorporated	10.0%	$499.66	$513.60	+2.8%
Nvidia	9.69%	$174.40	$200.09	+14.7%
Alphabet	8.45%	$287.56	$357.37	+24.3%
Broadcom	6.84%	$309.51	$377.75	+22.0%
Microsoft	6.16%	$370.17	$373.02	+0.8%
Amazon	5.83%	$208.27	$238.34	+14.4%
Icici Bank	4.72%	$25.90	$29.03	+12.1%
S&P Global	3.71%	$425.34	$407.26	-4.3%

Prices are the quarter-end values reported in 13F filings (value ÷ shares, median across tracked filers), adjusted for confirmed splits; dividends excluded. 13F shows only quarter-end holdings, so this is not the investor's actual return. Past performance does not indicate future results.

Questions

What is Temasek Holdings's largest holding?

Blackrock, 13.4% of reported US holdings ($5.0B) at the end of Q2 2026.

What did Temasek Holdings buy last quarter?

58 new positions, largest: Space Exploration Techn, Alphabet, Asml Hldg.

What did Temasek Holdings sell out of?

14 positions, including Salesforce, Workday, Onestream.

How current is this data?

It is Temasek Holdings's Form 13F for the quarter ending 2026-06-30, filed 2026-08-07. 13F filings are due 45 days after quarter end and list US-listed long positions only.