Employees Provident Fund Board

Name: Employees Provident Fund Board 13F holdings, Q1 2026
Creator: Employees Provident Fund Board
Published: 2026-05-12

Q2 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Employees Provident Fund Board reported 70 stock positions worth $13.2 billion. Its top holding was Microsoft (MSFT) at 9.2% of the portfolio, followed by Nvidia (NVDA, 8.9%) and Alphabet Class A (GOOGL, 5.5%). Compared with Q4 2025, it opened 3 new positions, sold out of 6, added to 30 and reduced 19. The biggest buy was Quanta Services (PWR, shares +484%) and the biggest sale an exit from Moody's (MCO).

Most Recent 13F: Q2 2026
Location: SHAH ALAM, N8
CIK: 0001600177
Portfolio Value: $13.2B (Q1 2026)
SEC Filing: 0001600177-26-000079 ↗ filed May 12, 2026

Holdings Value

Holdings 70 stocks · $13.2B


MSFT Microsoft Corp.	9.17%	3,278,441	$1.2B	Add +31.1%
NVDA Nvidia Corp.	8.90%	6,756,198	$1.2B	Add +1.3%
GOOGL Alphabet Inc. Class A	5.52%	2,540,176	$730.5M	Add +1.9%
META Meta Platforms Inc. Class A	5.35%	1,236,600	$707.5M	Add +1.0%
MU Micron Technology Inc.	4.54%	1,778,313	$600.8M	Reduce -2.3%
LLY Eli Lilly & Co.	3.64%	524,361	$482.3M	Add +65.4%
AVGO Broadcom Inc.	3.51%	1,500,410	$464.4M	Reduce -1.8%
AAPL Apple Inc.	3.40%	1,771,437	$449.6M	Add +33.7%
AMZN Amazon.com Inc.	3.30%	2,100,000	$437.4M	Add +16.7%
AEM Agnico Eagle Mines Ltd.	2.83%	1,851,210	$374.5M	Add +71.5%
JPM JPMorgan Chase & Co.	2.51%	1,130,000	$332.4M	Reduce -4.7%
PANW Palo Alto Networks Inc.	2.28%	1,884,458	$302.1M	Add +23.3%
AMAT Applied Materials Inc.	2.21%	857,351	$293.0M	Add +16.6%
NOW ServiceNow Inc.	2.14%	2,705,845	$282.9M	Add +11.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	2.14%	5,800,000	$282.8M	Add +27.1%
MA Mastercard Inc. Class A	2.01%	533,000	$266.3M	Add +22.4%
PWR Quanta Services Inc.	1.79%	432,138	$237.3M	Add +484.0%
DDOG Datadog Inc. Class A	1.78%	2,000,000	$236.1M	Add +8.1%
UBER Uber Technologies Inc.	1.76%	3,245,686	$233.5M	No change
NEE Nextera Energy Inc.	1.75%	2,500,000	$232.2M	Reduce -16.7%
CRWD CrowdStrike Holdings Inc. Class A	1.74%	590,450	$230.5M	Add +27.9%
MRK Merck & Co. Inc.	1.72%	1,895,165	$228.0M	Reduce -21.5%
ARM Arm Holdings PLC-ADR	1.60%	1,400,000	$211.8M	Add +27.3%
ISRG Intuitive Surgical Inc.	1.49%	427,033	$196.9M	Reduce -2.6%
SNPS Synopsys Inc.	1.48%	494,344	$196.0M	Reduce -23.3%
ZTS Zoetis Inc.	1.37%	1,537,130	$181.7M	No change
XOM Exxon Mobil Corp.	1.30%	1,013,354	$171.9M	Reduce -49.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO	1.26%	1,734,806	$167.2M	No change
CRM Salesforce Inc.	1.26%	894,097	$166.9M	No change
NKE Nike Inc. Class B	1.17%	2,920,713	$154.3M	No change
BMY Bristol-Myers Squibb Co.	1.15%	2,509,000	$152.2M	Add +21.9%
MDB Mongodb Inc.	1.08%	584,559	$143.1M	Add +20.6%
DXCM Dexcom Inc.	1.04%	2,190,029	$137.5M	No change
SLB SLB Ltd. filed as SLB LIMITED	1.01%	2,606,632	$134.0M	Reduce -6.8%
BSX Boston Scientific Corp.	1.01%	2,134,591	$133.9M	No change
BIIB Biogen Inc.	0.98%	704,196	$129.1M	No change
B Barrick Mining Corp.	0.86%	2,799,957	$114.0M	Reduce -44.9%
WDC Western Digital Corp.	0.83%	405,167	$109.6M	New
RMD Resmed Inc.	0.73%	429,899	$96.5M	Add +20.1%
UNH Unitedhealth Group Inc.	0.61%	300,000	$81.2M	No change
NFLX Netflix Inc.	0.54%	750,000	$72.1M	New
DG Dollar General Corp.	0.53%	585,851	$69.6M	No change
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.37%	303,208	$48.4M	Reduce -0.9%
GILD Gilead Sciences Inc.	0.36%	346,000	$48.2M	Reduce -25.8%
JNJ Johnson & Johnson	0.34%	182,381	$44.6M	Reduce -24.5%
CMI Cummins Inc.	0.33%	80,523	$43.3M	Add +3.5%
SYK Stryker Corp.	0.28%	113,560	$37.3M	No change
ABBV Abbvie Inc.	0.24%	145,134	$31.6M	Add +0.1%
DOV Dover Corp.	0.22%	142,000	$29.6M	Reduce -41.4%
FSLR First Solar Inc.	0.22%	146,500	$28.9M	Add +49.9%
TT Trane Technologies PLC	0.21%	67,200	$28.0M	Add +37.1%
CSL Carlisle Cos Inc.	0.20%	77,720	$25.9M	Add +48.0%
GPC Genuine Parts Co.	0.18%	220,000	$23.3M	No change
CL Colgate-Palmolive Co.	0.16%	250,000	$21.3M	Reduce -6.4%
FIX Comfort Systems USA Inc.	0.16%	15,017	$20.7M	New
CI The Cigna Group	0.15%	76,000	$20.3M	No change
COR Cencora Inc.	0.15%	64,500	$20.3M	Reduce -10.4%
PNC PNC Financial Services Group	0.14%	91,891	$19.1M	Add +7.5%
AMGN Amgen Inc.	0.14%	53,892	$19.0M	Reduce -31.4%
CLX Clorox Company	0.13%	171,680	$17.8M	No change
EQT Eqt Corp.	0.13%	265,000	$16.9M	Add +7.3%
EFX Equifax Inc.	0.13%	92,540	$16.7M	Add +0.0%
V Visa Inc. Class A	0.12%	54,000	$16.3M	Add +61.2%
AKAM Akamai Technologies Inc.	0.08%	90,000	$10.3M	Reduce -13.9%
GEV GE Vernova Inc.	0.08%	11,721	$10.2M	Add +11.6%
CEG Constellation Energy	0.05%	23,928	$6.7M	No change
GIS General Mills Inc.	0.05%	162,000	$6.0M	No change
HSY The Hershey Co.	0.04%	27,000	$5.6M	No change
ACN Accenture PLC Class A	0.02%	11,582	$2.3M	No change
VZ Verizon Communications Inc.	0.01%	17,262	$867K	Reduce -79.9%

Portfolio Sells Q4 2025 → Q1 2026


MCO Moody's Corp.	Sold out	0.00%	−1.13
ADBE Adobe Inc.	Sold out	0.00%	−1.08
NXPI NXP Semiconductors NV	Sold out	0.00%	−0.94
B Barrick Mining Corp.	Reduce -44.9%	0.86%	−0.77
SNPS Synopsys Inc.	Reduce -23.3%	1.48%	−0.74
OIH Vaneck Oil Services ETF	Sold out	0.00%	−0.51
XOM Exxon Mobil Corp.	Reduce -49.0%	1.30%	−0.46
AVGO Broadcom Inc.	Reduce -1.8%	3.51%	−0.38
ISRG Intuitive Surgical Inc.	Reduce -2.6%	1.49%	−0.34
JPM JPMorgan Chase & Co.	Reduce -4.7%	2.51%	−0.30
MRK Merck & Co. Inc.	Reduce -21.5%	1.72%	−0.15
DOV Dover Corp.	Reduce -41.4%	0.22%	−0.12
GWW WW Grainger Inc.	Sold out	0.00%	−0.06
GILD Gilead Sciences Inc.	Reduce -25.8%	0.36%	−0.06
AMGN Amgen Inc.	Reduce -31.4%	0.14%	−0.05
CPB The Campbell's Company	Sold out	0.00%	−0.04
JNJ Johnson & Johnson	Reduce -24.5%	0.34%	−0.03
COR Cencora Inc.	Reduce -10.4%	0.15%	−0.03
VZ Verizon Communications Inc.	Reduce -79.9%	0.01%	−0.02
NEE Nextera Energy Inc.	Reduce -16.7%	1.75%	−0.02
CL Colgate-Palmolive Co.	Reduce -6.4%	0.16%	+0.01
AKAM Akamai Technologies Inc.	Reduce -13.9%	0.08%	+0.01
TJX TJX Companies Inc.	Reduce -0.9%	0.37%	+0.02
SLB SLB Ltd.	Reduce -6.8%	1.01%	+0.22
MU Micron Technology Inc.	Reduce -2.3%	4.54%	+0.72

Portfolio Buys Q4 2025 → Q1 2026


PWR Quanta Services Inc.	Add +484.0%	1.79%	+1.56
AEM Agnico Eagle Mines Ltd.	Add +71.5%	2.83%	+1.48
LLY Eli Lilly & Co.	Add +65.4%	3.64%	+1.14
WDC Western Digital Corp.	New	0.83%	+0.83
AMAT Applied Materials Inc.	Add +16.6%	2.21%	+0.83
AAPL Apple Inc.	Add +33.7%	3.40%	+0.75
ARM Arm Holdings PLC-ADR	Add +27.3%	1.60%	+0.72
NFLX Netflix Inc.	New	0.54%	+0.54
BMY Bristol-Myers Squibb Co.	Add +21.9%	1.15%	+0.33
BAC Bank of America Corp.	Add +27.1%	2.14%	+0.29
MSFT Microsoft Corp.	Add +31.1%	9.17%	+0.28
AMZN Amazon.com Inc.	Add +16.7%	3.30%	+0.25
PANW Palo Alto Networks Inc.	Add +23.3%	2.28%	+0.21
MA Mastercard Inc. Class A	Add +22.4%	2.01%	+0.18
FIX Comfort Systems USA Inc.	New	0.16%	+0.16
CRWD CrowdStrike Holdings Inc. Class A	Add +27.9%	1.74%	+0.15
RMD Resmed Inc.	Add +20.1%	0.73%	+0.10
CSL Carlisle Cos Inc.	Add +48.0%	0.20%	+0.07
TT Trane Technologies PLC	Add +37.1%	0.21%	+0.07
V Visa Inc. Class A	Add +61.2%	0.12%	+0.04
CMI Cummins Inc.	Add +3.5%	0.33%	+0.04
FSLR First Solar Inc.	Add +49.9%	0.22%	+0.03
EQT Eqt Corp.	Add +7.3%	0.13%	+0.03
GEV GE Vernova Inc.	Add +11.6%	0.08%	+0.03
PNC PNC Financial Services Group	Add +7.5%	0.14%	+0.01
ABBV Abbvie Inc.	Add +0.1%	0.24%	−0.01
EFX Equifax Inc.	Add +0.0%	0.13%	−0.02
DDOG Datadog Inc. Class A	Add +8.1%	1.78%	−0.07
GOOGL Alphabet Inc. Class A	Add +1.9%	5.52%	−0.21
NVDA Nvidia Corp.	Add +1.3%	8.90%	−0.24
MDB Mongodb Inc.	Add +20.6%	1.08%	−0.41
NOW ServiceNow Inc.	Add +11.5%	2.14%	−0.59
META Meta Platforms Inc. Class A	Add +1.0%	5.35%	−0.59

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