Avanda Investment Management Pte. Ltd. In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Avanda Investment Management Pte. Ltd. reported 18 stock positions worth $176.6 million . Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 34.2% of the portfolio, followed by Sea Ltd.-ADR (SE, 17.1% ) and Yum China (YUMC, 14.0% ). Compared with Q1 2025, it opened 1 new position, sold out of 9 and reduced 15. The biggest buy was a new position in iShares MBS ETF (MBB) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −60% ).
Location SINGAPORE, U0
CIK 0001650258
Portfolio Value $176.6M (Q2 2025) Holdings 18 stocks · $176.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 SPY SS SPDR S&P 500 ETF Trust-US 97,736 $60.4M Reduce -60.3% SE Sea Ltd.-ADR 189,269 $30.3M Reduce -24.7% YUMC Yum China Holdings Inc. 553,500 $24.8M Reduce -5.6% MBB iShares MBS ETF 249,458 $23.4M New V Visa Inc. Class A 19,250 $6.8M Reduce -44.5% LIN Linde PLC 10,200 $4.8M Reduce -4.2% GOOGL Alphabet Inc. Class A 20,000 $3.5M Reduce -45.5% PTC PTC Inc. 18,614 $3.2M Reduce -6.3% MSFT Microsoft Corp. 6,000 $3.0M Reduce -48.1% EWZ iShares MSCI Brazil ETF 99,385 $2.9M No change TXN Texas Instruments Inc. 12,000 $2.5M Reduce -58.2% TMO Thermo Fisher Scientific Inc. 6,000 $2.4M No change MSCI MSCI Inc. 4,150 $2.4M Reduce -37.8% ZTS Zoetis Inc. 13,538 $2.1M Reduce -7.3% EW Edwards Lifesciences Corp. 20,894 $1.6M Reduce -8.4% MCO Moody's Corp. 2,400 $1.2M Reduce -7.7% KSA Ishrs MSCI Saudi Arabia ETF 29,438 $1.1M Reduce -45.0% HDB HDFC Bank Ltd.-ADR 2,368 $182K Reduce -67.9%
Options reported separately and not counted above: KBE calls ($32.2M), KBWB calls ($31.3M), GS calls ($16.6M), JPM calls ($15.9M), C calls ($15.9M), WFC calls ($15.6M).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ SPY SS SPDR S&P 500 ETF Trust-US Reduce -60.3% 34.19% −14.58 BEKE Ke Holdings Inc.-ADR Sold out 0.00% −2.30 ACN Accenture PLC Class A Sold out 0.00% −1.76 ADBE Adobe Inc. Sold out 0.00% −1.30 META Meta Platforms Inc. Class A Sold out 0.00% −1.18 AMZN Amazon.com Inc. Sold out 0.00% −1.12 DPZ Domino's Pizza Inc. Sold out 0.00% −0.91 NVDA Nvidia Corp. Sold out 0.00% −0.75 NKE Nike Inc. Class B Sold out 0.00% −0.56 V Visa Inc. Class A Reduce -44.5% 3.87% −0.44 TXN Texas Instruments Inc. Reduce -58.2% 1.41% −0.42 QCOM Qualcomm Inc. Sold out 0.00% −0.27 KSA Ishrs MSCI Saudi Arabia ETF Reduce -45.0% 0.64% −0.14 HDB HDFC Bank Ltd.-ADR Reduce -67.9% 0.10% −0.07 GOOGL Alphabet Inc. Class A Reduce -45.5% 2.00% −0.01 MSCI MSCI Inc. Reduce -37.8% 1.35% +0.02 MSFT Microsoft Corp. Reduce -48.1% 1.69% +0.15 MCO Moody's Corp. Reduce -7.7% 0.68% +0.25 EW Edwards Lifesciences Corp. Reduce -8.4% 0.93% +0.34 ZTS Zoetis Inc. Reduce -7.3% 1.20% +0.34 PTC PTC Inc. Reduce -6.3% 1.82% +0.73 LIN Linde PLC Reduce -4.2% 2.71% +0.95 YUMC Yum China Holdings Inc. Reduce -5.6% 14.03% +3.22 SE Sea Ltd.-ADR Reduce -24.7% 17.14% +5.52
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ MBB iShares MBS ETF New 13.26% +13.26
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ KBE SS SPDR S&P Bank ETF call New 577,500 $32.2M KBWB Invesco KBW Bank ETF call New 437,500 $31.3M GS Goldman Sachs Group Inc. call New 23,400 $16.6M JPM JPMorgan Chase & Co. call New 55,000 $15.9M C Citigroup Inc. call New 186,500 $15.9M WFC Wells Fargo & Co. call New 194,500 $15.6M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 36 $74.2M NVDA, AVGO, MSFT, GOOGL, MBB Q1 2026 24 $63.1M SE, YUMC, NVDA, GOOGL, MSFT Q4 2025 31 $100.6M SE, YUMC, MBB, V, GOOGL Q3 2025 28 $127.0M SE, YUMC, MBB, V, GOOGL Q2 2025 18 $176.6M SPY, SE, YUMC, MBB, V Q1 2025 26 $282.3M SPY, SE, YUMC, V, BEKE Q4 2024 23 $314.2M SPY, YUMC, SE, V, BEKE Q3 2024 47 $513.8M SPY, YUMC, SE, ACN, ADBE Q2 2024 49 $661.5M SPY, GOOGL, NVDA, META, MSFT Q1 2024 50 $745.4M SPY, GOOGL, META, MSFT, SE