Employees Provident Fund Board
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed March 17, 2026), Employees Provident Fund Board reported 82 stock positions worth $8.1 billion. Its top holding was Nvidia (NVDA) at 8.0% of the portfolio, followed by Microsoft (MSFT, 7.5%) and Apple (AAPL, 3.4%). Compared with Q3 2024, it opened 7 new positions, sold out of 8, added to 38 and reduced 23. The biggest buy was CrowdStrike Class A (CRWD, shares +737%) and the biggest sale an exit from Alibaba Group Holding-SP ADR (BABA).
- Most Recent 13F
- Q2 2026
- Location
- SHAH ALAM, N8
- CIK
- 0001600177
- Portfolio Value
- $8.1B (Q4 2024)
- SEC Filing
- 0001600177-26-000008 ↗ filed Mar 17, 2026
Holdings Value
Holdings 82 stocks · $8.1B
| NVDA Nvidia Corp. | 8.00% | 4,800,460 | $644.7M | Reduce -8.2% |
| MSFT Microsoft Corp. | 7.50% | 1,433,668 | $604.3M | Reduce -4.2% |
| AAPL Apple Inc. | 3.39% | 1,089,124 | $272.7M | Reduce -7.2% |
| GOOGL Alphabet Inc. Class A | 3.28% | 1,396,309 | $264.3M | Add +40.9% |
| NKE Nike Inc. Class B | 3.03% | 3,220,773 | $243.7M | No change |
| AVGO Broadcom Inc. | 2.81% | 976,595 | $226.4M | Reduce -17.4% |
| LLY Eli Lilly & Co. | 2.61% | 272,625 | $210.5M | Add +90.7% |
| MU Micron Technology Inc. | 2.48% | 2,369,016 | $199.4M | Add +31.7% |
| META Meta Platforms Inc. Class A | 2.28% | 313,147 | $183.4M | Add +68.5% |
| NOW ServiceNow Inc. | 2.20% | 167,368 | $177.4M | Reduce -0.7% |
| ADBE Adobe Inc. | 2.18% | 395,019 | $175.7M | Add +31.1% |
| BMY Bristol-Myers Squibb Co. | 2.01% | 2,866,586 | $162.1M | Reduce -0.2% |
| PANW Palo Alto Networks Inc. | 2.01% | 889,306 | $161.8M | Reduce -0.2% |
| DDOG Datadog Inc. Class A | 2.00% | 1,128,905 | $161.3M | Add +35.7% |
| XOM Exxon Mobil Corp. | 1.98% | 1,485,790 | $159.8M | Add +47.6% |
| AMD Advanced Micro Devices | 1.93% | 1,284,712 | $155.2M | Add +107.1% |
| ZTS Zoetis Inc. | 1.86% | 919,660 | $149.8M | Add +67.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.86% | 436,781 | $149.4M | Add +737.2% |
| UBER Uber Technologies Inc. | 1.81% | 2,410,282 | $145.4M | Add +171.6% |
| MRVL Marvell Technology Inc. | 1.76% | 1,286,853 | $142.1M | Reduce -22.1% |
| AMZN Amazon.com Inc. | 1.74% | 640,000 | $140.4M | Reduce -26.2% |
| ISRG Intuitive Surgical Inc. | 1.71% | 263,932 | $137.8M | Add +64.3% |
| AMAT Applied Materials Inc. | 1.71% | 846,781 | $137.7M | Add +143.5% |
| DXCM Dexcom Inc. | 1.71% | 1,770,500 | $137.7M | Add +88.7% |
| PWR Quanta Services Inc. | 1.68% | 426,921 | $134.9M | Add +197.3% |
| LRCX Lam Research Corp. | 1.66% | 1,845,978 | $133.3M | Add +135.0% |
| MCO Moody's Corp. | 1.62% | 275,200 | $130.3M | Reduce -7.4% |
| NEE Nextera Energy Inc. | 1.51% | 1,700,000 | $121.9M | Add +43.0% |
| JPM JPMorgan Chase & Co. | 1.49% | 500,000 | $119.9M | Reduce -6.3% |
| NEM Newmont Corp. | 1.41% | 3,040,669 | $113.2M | Add +54.6% |
| NXPI NXP Semiconductors NV | 1.34% | 520,175 | $108.1M | Add +20.4% |
| BIIB Biogen Inc. | 1.34% | 704,196 | $107.7M | Add +3.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.32% | 2,770,882 | $106.2M | Add +9.7% |
| C Citigroup Inc. | 1.31% | 1,500,000 | $105.6M | Add +7.1% |
| MRK Merck & Co. Inc. | 1.30% | 1,051,065 | $104.6M | Add +2.4% |
| CRM Salesforce Inc. | 1.28% | 307,908 | $102.9M | Add +53.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.24% | 900,000 | $100.2M | Reduce -19.2% |
| ARM Arm Holdings PLC-ADR | 1.23% | 800,000 | $98.7M | Add +12.7% |
| MA Mastercard Inc. Class A | 1.21% | 185,000 | $97.4M | Add +8.8% |
| SNPS Synopsys Inc. | 1.10% | 182,188 | $88.4M | Add +97.7% |
| B Barrick Gold Corp. | 1.05% | 5,456,156 | $84.6M | No change |
| ALGN Align Technology Inc. | 1.02% | 395,688 | $82.5M | Add +2.9% |
| HES Hess Corp. | 1.02% | 616,075 | $81.9M | Reduce -30.8% |
| UNH Unitedhealth Group Inc. | 1.00% | 159,000 | $80.4M | Add +103.5% |
| SPOT Spotify Technology SA | 0.86% | 155,000 | $69.3M | Reduce -25.3% |
| MDB Mongodb Inc. | 0.84% | 291,003 | $67.7M | Add +54.2% |
| OIH Vaneck Oil Services ETF | 0.82% | 243,479 | $66.0M | No change |
| NFLX Netflix Inc. | 0.61% | 55,000 | $49.0M | Reduce -38.9% |
| DG Dollar General Corp. | 0.55% | 585,851 | $44.4M | Add +7.7% |
| RMD Resmed Inc. | 0.49% | 171,628 | $39.2M | Reduce -13.0% |
| LNG Cheniere Energy Inc. | 0.49% | 182,000 | $39.1M | No change |
| SYK Stryker Corp. | 0.43% | 95,350 | $34.3M | New |
| TSLA Tesla Inc. | 0.40% | 80,755 | $32.6M | Reduce -81.4% |
| CLX Clorox Company | 0.35% | 171,680 | $27.9M | No change |
| EMR Emerson Electric Co. | 0.33% | 217,101 | $26.9M | New |
| GPC Genuine Parts Co. | 0.32% | 220,000 | $25.7M | Add +2.8% |
| BSX Boston Scientific Corp. | 0.29% | 260,966 | $23.3M | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.28% | 21,200 | $22.3M | Reduce -15.1% |
| JNJ Johnson & Johnson | 0.21% | 115,000 | $16.6M | Add +29.9% |
| CL Colgate-Palmolive Co. | 0.19% | 172,300 | $15.7M | New |
| CSL Carlisle Cos Inc. | 0.19% | 42,000 | $15.5M | Add +244.3% |
| CI The Cigna Group | 0.19% | 56,000 | $15.5M | Add +91.5% |
| FSLR First Solar Inc. | 0.19% | 85,529 | $15.1M | New |
| AMGN Amgen Inc. | 0.18% | 57,000 | $14.9M | Add +37.0% |
| GILD Gilead Sciences Inc. | 0.18% | 157,000 | $14.5M | Reduce -17.9% |
| EQT Eqt Corp. | 0.17% | 303,602 | $14.0M | New |
| COR Cencora Inc. | 0.17% | 62,000 | $13.9M | Add +3.2% |
| TT Trane Technologies PLC | 0.16% | 34,500 | $12.7M | Reduce -11.4% |
| GIS General Mills Inc. | 0.15% | 195,811 | $12.5M | No change |
| AKAM Akamai Technologies Inc. | 0.14% | 121,800 | $11.7M | No change |
| EFX Equifax Inc. | 0.14% | 44,750 | $11.4M | New |
| FERG Ferguson Enterprises Inc. | 0.13% | 60,000 | $10.4M | Reduce -16.1% |
| CPB The Campbell's Company | 0.12% | 236,964 | $9.9M | No change |
| V Visa Inc. Class A | 0.10% | 25,000 | $7.9M | Add +38.9% |
| ABBV Abbvie Inc. | 0.09% | 43,000 | $7.6M | Reduce -14.0% |
| VRT Vertiv Holdings Co. Class A | 0.07% | 49,000 | $5.6M | Reduce -76.9% |
| HSY The Hershey Co. | 0.06% | 30,000 | $5.1M | No change |
| VZ Verizon Communications Inc. | 0.04% | 86,000 | $3.4M | No change |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.02% | 18,200 | $1.8M | No change |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.02% | 30,000 | $1.6M | No change |
| AVTR Avantor Inc. | 0.02% | 73,440 | $1.5M | No change |
| MMM 3M Co. | 0.01% | 6,500 | $839K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −1.45 |
| MSFT Microsoft Corp. | Reduce -4.2% | 7.50% | −1.31 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −1.22 |
| TSLA Tesla Inc. | Reduce -81.4% | 0.40% | −1.15 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −1.04 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.81 |
| NVDA Nvidia Corp. | Reduce -8.2% | 8.00% | −0.69 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.65 |
| HES Hess Corp. | Reduce -30.8% | 1.02% | −0.64 |
| AMZN Amazon.com Inc. | Reduce -26.2% | 1.74% | −0.47 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −0.37 |
| AAPL Apple Inc. | Reduce -7.2% | 3.39% | −0.36 |
| MCO Moody's Corp. | Reduce -7.4% | 1.62% | −0.31 |
| NFLX Netflix Inc. | Reduce -38.9% | 0.61% | −0.27 |
| DIS The Walt Disney Co. | Reduce -19.2% | 1.24% | −0.22 |
| VRT Vertiv Holdings Co. Class A | Reduce -76.9% | 0.07% | −0.22 |
| SPOT Spotify Technology SA | Reduce -25.3% | 0.86% | −0.19 |
| RMD Resmed Inc. | Reduce -13.0% | 0.49% | −0.17 |
| PGRU Propertyguru Group Ltd. | Sold out | 0.00% | −0.16 |
| GWW WW Grainger Inc. | Reduce -15.1% | 0.28% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -0.2% | 2.01% | −0.07 |
| FERG Ferguson Enterprises Inc. | Reduce -16.1% | 0.13% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -6.3% | 1.49% | −0.05 |
| TT Trane Technologies PLC | Reduce -11.4% | 0.16% | −0.05 |
| ABBV Abbvie Inc. | Reduce -14.0% | 0.09% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -17.9% | 0.18% | −0.04 |
| VST Vistra Corp. | Sold out | 0.00% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.2% | 2.01% | −0.02 |
| AVGO Broadcom Inc. | Reduce -17.4% | 2.81% | +0.02 |
| MRVL Marvell Technology Inc. | Reduce -22.1% | 1.76% | +0.13 |
| NOW ServiceNow Inc. | Reduce -0.7% | 2.20% | +0.14 |
Portfolio Buys Q3 2024 → Q4 2024
| CRWD CrowdStrike Holdings Inc. Class A | Add +737.2% | 1.86% | +1.66 |
| PWR Quanta Services Inc. | Add +197.3% | 1.68% | +1.09 |
| GOOGL Alphabet Inc. Class A | Add +40.9% | 3.28% | +1.03 |
| UBER Uber Technologies Inc. | Add +171.6% | 1.81% | +0.89 |
| LLY Eli Lilly & Co. | Add +90.7% | 2.61% | +0.88 |
| DXCM Dexcom Inc. | Add +88.7% | 1.71% | +0.85 |
| META Meta Platforms Inc. Class A | Add +68.5% | 2.28% | +0.82 |
| LRCX Lam Research Corp. | Add +135.0% | 1.66% | +0.78 |
| AMAT Applied Materials Inc. | Add +143.5% | 1.71% | +0.75 |
| DDOG Datadog Inc. Class A | Add +35.7% | 2.00% | +0.69 |
| ISRG Intuitive Surgical Inc. | Add +64.3% | 1.71% | +0.63 |
| AMD Advanced Micro Devices | Add +107.1% | 1.93% | +0.53 |
| CRM Salesforce Inc. | Add +53.1% | 1.28% | +0.52 |
| SNPS Synopsys Inc. | Add +97.7% | 1.10% | +0.46 |
| SYK Stryker Corp. | New | 0.43% | +0.43 |
| ZTS Zoetis Inc. | Add +67.6% | 1.86% | +0.39 |
| UNH Unitedhealth Group Inc. | Add +103.5% | 1.00% | +0.37 |
| XOM Exxon Mobil Corp. | Add +47.6% | 1.98% | +0.37 |
| EMR Emerson Electric Co. | New | 0.33% | +0.33 |
| BSX Boston Scientific Corp. | New | 0.29% | +0.29 |
| CL Colgate-Palmolive Co. | New | 0.19% | +0.19 |
| FSLR First Solar Inc. | New | 0.19% | +0.19 |
| EQT Eqt Corp. | New | 0.17% | +0.17 |
| MDB Mongodb Inc. | Add +54.2% | 0.84% | +0.14 |
| EFX Equifax Inc. | New | 0.14% | +0.14 |
| NEE Nextera Energy Inc. | Add +43.0% | 1.51% | +0.14 |
| CSL Carlisle Cos Inc. | Add +244.3% | 0.19% | +0.12 |
| C Citigroup Inc. | Add +7.1% | 1.31% | +0.11 |
| MA Mastercard Inc. Class A | Add +8.8% | 1.21% | +0.06 |
| CI The Cigna Group | Add +91.5% | 0.19% | +0.05 |
| ADBE Adobe Inc. | Add +31.1% | 2.18% | +0.04 |
| V Visa Inc. Class A | Add +38.9% | 0.10% | +0.03 |
| JNJ Johnson & Johnson | Add +29.9% | 0.21% | +0.01 |
| AMGN Amgen Inc. | Add +37.0% | 0.18% | +0.00 |
| COR Cencora Inc. | Add +3.2% | 0.17% | −0.01 |
| NEM Newmont Corp. | Add +54.6% | 1.41% | −0.03 |
| NXPI NXP Semiconductors NV | Add +20.4% | 1.34% | −0.08 |
| MU Micron Technology Inc. | Add +31.7% | 2.48% | −0.08 |
| DG Dollar General Corp. | Add +7.7% | 0.55% | −0.08 |
| GPC Genuine Parts Co. | Add +2.8% | 0.32% | −0.09 |
| SLB SLB Ltd. | Add +9.7% | 1.32% | −0.13 |
| ARM Arm Holdings PLC-ADR | Add +12.7% | 1.23% | −0.16 |
| MRK Merck & Co. Inc. | Add +2.4% | 1.30% | −0.30 |
| ALGN Align Technology Inc. | Add +2.9% | 1.02% | −0.31 |
| BIIB Biogen Inc. | Add +3.9% | 1.34% | −0.46 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 68 | $17.4B | MSFT, NVDA, MU, GOOGL, AVGO |
| Q1 2026 | 70 | $13.2B | MSFT, NVDA, GOOGL, META, MU |
| Q4 2025 | 73 | $13.6B | NVDA, MSFT, META, GOOGL, AVGO |
| Q3 2025 | 77 | $12.5B | MSFT, NVDA, META, GOOGL, LLY |
| Q2 2025 | 86 | $11.6B | NVDA, MSFT, GOOGL, META, LLY |
| Q1 2025 | 86 | $8.8B | NVDA, MSFT, GOOGL, LLY, META |
| Q4 2024 | 82 | $8.1B | NVDA, MSFT, AAPL, GOOGL, NKE |
| Q3 2024 | 83 | $7.3B | MSFT, NVDA, NKE, AAPL, AVGO |
| Q2 2024 | 84 | $6.2B | NVDA, MSFT, AAPL, GOOGL, NKE |
| Q1 2024 | 78 | $5.7B | NVDA, MSFT, GOOGL, AAPL, NKE |