Fullerton Fund Management Co Ltd.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Fullerton Fund Management Co Ltd. reported 161 stock positions worth $2.1 billion. Its top holding was Microsoft (MSFT) at 14.3% of the portfolio, followed by Nvidia (NVDA, 12.3%) and Meta Platforms Class A (META, 7.0%). Compared with Q4 2023, it opened 111 new positions, sold out of 11, added to 22 and reduced 27. The biggest buy was Nvidia (NVDA, shares +25%) and the biggest sale PDD (PDD, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001592746
- Portfolio Value
- $2.1B (Q1 2024)
- SEC Filing
- 0001104659-24-061572 ↗ filed May 15, 2024
Holdings Value
Holdings 161 stocks · $2.1B
| MSFT Microsoft Corp. | 14.30% | 717,659 | $301.9M | Add +13.5% |
| NVDA Nvidia Corp. | 12.26% | 286,492 | $258.9M | Add +25.2% |
| META Meta Platforms Inc. Class A | 6.96% | 302,432 | $146.9M | Add +10.7% |
| AMZN Amazon.com Inc. | 5.09% | 595,885 | $107.5M | Reduce -16.5% |
| CRM Salesforce Inc. | 4.44% | 311,442 | $93.8M | New |
| GE General Electric | 4.29% | 515,500 | $90.5M | Add +24.1% |
| TSM Taiwan Semiconductor-SP ADR | 3.91% | 606,361 | $82.5M | New |
| QQQ Invesco QQQ Trust Series 1 | 3.71% | 176,374 | $78.3M | Reduce -21.6% |
| VRT Vertiv Holdings Co. Class A | 3.20% | 827,657 | $67.6M | Add +2187.4% |
| NOW ServiceNow Inc. | 3.05% | 84,545 | $64.5M | Add +11.8% |
| AVGO Broadcom Inc. | 2.97% | 47,353 | $62.8M | Add +69.2% |
| GOOG Alphabet Inc. Class C | 2.06% | 285,579 | $43.5M | Reduce -34.7% |
| LLY Eli Lilly & Co. | 2.00% | 54,186 | $42.2M | Add +6.9% |
| V Visa Inc. Class A | 1.75% | 132,493 | $37.0M | Reduce -33.6% |
| UBER Uber Technologies Inc. | 1.70% | 466,893 | $35.9M | Add +309.1% |
| ARM Arm Holdings PLC-ADR | 1.55% | 262,281 | $32.8M | Reduce -1.6% |
| DV Doubleverify Holdings Inc. | 1.50% | 898,754 | $31.6M | Add +59.3% |
| FTNT Fortinet Inc. | 1.36% | 421,774 | $28.8M | New |
| ASML ASML Holding NV-NY Reg SHS | 1.36% | 29,493 | $28.6M | New |
| INDA iShares MSCI India ETF | 1.35% | 552,519 | $28.5M | Reduce -32.9% |
| WMT Walmart Inc. | 1.31% | 458,834 | $27.6M | New |
| GOOGL Alphabet Inc. Class A | 1.20% | 168,123 | $25.4M | Reduce -29.2% |
| MA Mastercard Inc. Class A | 0.98% | 42,990 | $20.7M | Add +272.2% |
| TMO Thermo Fisher Scientific Inc. | 0.94% | 34,192 | $19.9M | Reduce -18.4% |
| EWY iShares MSCI South Korea ETF | 0.94% | 295,899 | $19.9M | Reduce -23.5% |
| TT Trane Technologies PLC | 0.94% | 66,056 | $19.8M | Reduce -46.6% |
| EWT iShares MSCI Taiwan ETF | 0.93% | 402,478 | $19.6M | Add +7.2% |
| LIN Linde PLC | 0.84% | 38,294 | $17.8M | Reduce -23.4% |
| GLD SPDR Gold Shares | 0.82% | 83,962 | $17.3M | Add +45.2% |
| PDD PDD Holdings Inc. | 0.72% | 129,990 | $15.1M | Reduce -79.8% |
| CCJ Cameco Corp. | 0.70% | 341,970 | $14.8M | Add +100.8% |
| PWR Quanta Services Inc. | 0.68% | 55,160 | $14.3M | Add +61.0% |
| ETN Eaton Corp. PLC | 0.65% | 43,886 | $13.7M | Reduce -39.4% |
| BSX Boston Scientific Corp. | 0.65% | 199,909 | $13.7M | New |
| NFLX Netflix Inc. | 0.61% | 21,120 | $12.8M | New |
| ROK Rockwell Automation Inc. | 0.60% | 43,658 | $12.7M | Reduce -24.3% |
| SPGI S&P Global Inc. | 0.58% | 28,789 | $12.2M | Add +107.2% |
| XLI SS Industrial Select Sector | 0.57% | 95,200 | $12.0M | Reduce -15.9% |
| TGT Target Corp. | 0.56% | 67,191 | $11.9M | New |
| IVV iShares Core S&P 500 ETF | 0.49% | 19,763 | $10.4M | Add +57.3% |
| MRNA Moderna Inc. | 0.39% | 78,060 | $8.3M | Reduce -22.0% |
| XLE SS Energy Select Sector | 0.39% | 86,377 | $8.2M | Reduce -63.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.36% | 14,372 | $7.5M | Add +52.1% |
| TLT iShares 20+ Year Treasury BD | 0.35% | 76,999 | $7.3M | Add +8.6% |
| ELF Elf Beauty Inc. | 0.34% | 36,474 | $7.1M | Add +216.3% |
| AAPL Apple Inc. | 0.34% | 41,282 | $7.1M | Reduce -3.2% |
| IEF iShares 7-10 Year Treasury B | 0.32% | 71,214 | $6.7M | Add +72.3% |
| XLK SS Technology Select Sector | 0.22% | 22,650 | $4.7M | Reduce -68.7% |
| XLC SS Comm Select Sector SPDR | 0.21% | 53,482 | $4.4M | New |
| COP Conocophillips | 0.19% | 31,138 | $4.0M | Add +1.1% |
| UNH Unitedhealth Group Inc. | 0.18% | 7,891 | $3.9M | Reduce -43.3% |
| PPH Vaneck Pharmaceutical ETF | 0.05% | 12,099 | $1.1M | New |
| KO The Coca-Cola Co. | 0.05% | 16,820 | $1.0M | Reduce -94.7% |
| ABBV Abbvie Inc. | 0.04% | 4,732 | $862K | New |
| AMD Advanced Micro Devices | 0.04% | 4,210 | $760K | New |
| PEP Pepsico Inc. | 0.04% | 4,269 | $747K | New |
| TMUS T-Mobile US Inc. | 0.04% | 4,522 | $738K | Reduce -95.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.03% | 19,300 | $732K | New |
| ADBE Adobe Inc. | 0.03% | 1,348 | $680K | New |
| JPM JPMorgan Chase & Co. | 0.03% | 3,356 | $672K | New |
| ACN Accenture PLC Class A | 0.03% | 1,893 | $656K | New |
| CMCSA Comcast Corp. Class A | 0.03% | 14,331 | $621K | New |
| DHR Danaher Corp. | 0.03% | 2,442 | $610K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 1,410 | $593K | New |
| LOW Lowe's Cos Inc. | 0.03% | 2,291 | $584K | New |
| BKNG Booking Holdings Inc. | 0.03% | 152 | $551K | New |
| MS Morgan Stanley | 0.03% | 5,800 | $546K | Reduce -98.0% |
| PGR Progressive Corp. | 0.03% | 2,613 | $540K | New |
| LRCX Lam Research Corp. | 0.03% | 547 | $531K | New |
| PLD Prologis Inc. | 0.02% | 3,954 | $515K | New |
| BMY Bristol-Myers Squibb Co. | 0.02% | 9,408 | $510K | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.02% | 1,209 | $505K | New |
| TD Toronto-Dominion Bank | 0.02% | 8,300 | $501K | New |
| ADI Analog Devices Inc. | 0.02% | 2,500 | $494K | New |
| REGN Regeneron Pharmaceuticals | 0.02% | 509 | $490K | New |
| ELV Elevance Health Inc. | 0.02% | 924 | $479K | New |
| PANW Palo Alto Networks Inc. | 0.02% | 1,676 | $476K | New |
| SYK Stryker Corp. | 0.02% | 1,325 | $474K | New |
| MDLZ Mondelez International Inc. Class A | 0.02% | 6,750 | $473K | New |
| ENB Enbridge Inc. | 0.02% | 12,700 | $459K | New |
| PH Parker Hannifin Corp. | 0.02% | 818 | $455K | New |
| CB Chubb Ltd. | 0.02% | 1,739 | $451K | New |
| CMG Chipotle Mexican Grill Inc. | 0.02% | 155 | $451K | New |
| CME Cme Group Inc. | 0.02% | 2,059 | $443K | New |
| DE Deere & Co. | 0.02% | 1,041 | $428K | New |
| ADSK Autodesk Inc. | 0.02% | 1,634 | $426K | New |
| NXPI NXP Semiconductors NV | 0.02% | 1,706 | $423K | New |
| PFE Pfizer Inc. | 0.02% | 15,226 | $423K | New |
| TRV The Travelers Cos Inc. | 0.02% | 1,833 | $422K | New |
| TFC Truist Financial Corp. | 0.02% | 10,820 | $422K | New |
| STLA Stellantis NV | 0.02% | 14,835 | $420K | New |
| AMT American Tower Corp. | 0.02% | 2,117 | $418K | New |
| XLP SS Consumer Staples Sel Sect | 0.02% | 5,457 | $417K | No change |
| ABNB Airbnb Inc. Class A | 0.02% | 2,488 | $410K | Reduce -97.7% |
| FANG Diamondback Energy Inc. | 0.02% | 2,052 | $407K | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.02% | 7,406 | $406K | New |
| AXP American Express Co. | 0.02% | 1,775 | $404K | New |
| LNG Cheniere Energy Inc. | 0.02% | 2,481 | $400K | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.02% | 2,589 | $399K | New |
| MCK McKesson Corp. | 0.02% | 739 | $397K | New |
Portfolio Sells Q4 2023 → Q1 2024
| PDD PDD Holdings Inc. | Reduce -79.8% | 0.72% | −4.78 |
| GRAB Grab Holdings Ltd. Class A | Sold out | 0.00% | −3.40 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −2.33 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -21.6% | 3.71% | −1.65 |
| MS Morgan Stanley | Reduce -98.0% | 0.03% | −1.59 |
| GOOG Alphabet Inc. Class C | Reduce -34.7% | 2.06% | −1.53 |
| MCD McDonald's Corp. | Reduce -98.5% | 0.02% | −1.29 |
| V Visa Inc. Class A | Reduce -33.6% | 1.75% | −1.28 |
| AMZN Amazon.com Inc. | Reduce -16.5% | 5.09% | −1.22 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −1.08 |
| KO The Coca-Cola Co. | Reduce -94.7% | 0.05% | −1.05 |
| INDA iShares MSCI India ETF | Reduce -32.9% | 1.35% | −0.99 |
| INTC Intel Corp. | Sold out | 0.00% | −0.95 |
| ABNB Airbnb Inc. Class A | Reduce -97.7% | 0.02% | −0.85 |
| TMUS T-Mobile US Inc. | Reduce -95.2% | 0.04% | −0.84 |
| TT Trane Technologies PLC | Reduce -46.6% | 0.94% | −0.82 |
| XLE SS Energy Select Sector | Reduce -63.1% | 0.39% | −0.76 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.74 |
| GOOGL Alphabet Inc. Class A | Reduce -29.2% | 1.20% | −0.73 |
| XLK SS Technology Select Sector | Reduce -68.7% | 0.22% | −0.59 |
| EWY iShares MSCI South Korea ETF | Reduce -23.5% | 0.94% | −0.54 |
| JNJ Johnson & Johnson | Reduce -96.5% | 0.02% | −0.52 |
| ROK Rockwell Automation Inc. | Reduce -24.3% | 0.60% | −0.44 |
| AAXJ iShares MSCI All Country Asi | Sold out | 0.00% | −0.40 |
| ETN Eaton Corp. PLC | Reduce -39.4% | 0.65% | −0.36 |
| LIN Linde PLC | Reduce -23.4% | 0.84% | −0.35 |
| TMO Thermo Fisher Scientific Inc. | Reduce -18.4% | 0.94% | −0.35 |
| U Unity Software Inc. | Sold out | 0.00% | −0.35 |
| UBS UBS Group AG-Reg | Reduce -96.3% | 0.01% | −0.30 |
| UNH Unitedhealth Group Inc. | Reduce -43.3% | 0.18% | −0.24 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.19 |
| MRNA Moderna Inc. | Reduce -22.0% | 0.39% | −0.19 |
| XLI SS Industrial Select Sector | Reduce -15.9% | 0.57% | −0.18 |
| URTH iShares MSCI World ETF | Sold out | 0.00% | −0.18 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.16 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.15 |
| AAPL Apple Inc. | Reduce -3.2% | 0.34% | −0.14 |
| ARM Arm Holdings PLC-ADR | Reduce -1.6% | 1.55% | +0.39 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +25.2% | 12.26% | +5.67 |
| CRM Salesforce Inc. | New | 4.44% | +4.44 |
| TSM Taiwan Semiconductor-SP ADR | New | 3.91% | +3.91 |
| VRT Vertiv Holdings Co. Class A | Add +2187.4% | 3.20% | +3.10 |
| FTNT Fortinet Inc. | New | 1.36% | +1.36 |
| ASML ASML Holding NV-NY Reg SHS | New | 1.36% | +1.36 |
| META Meta Platforms Inc. Class A | Add +10.7% | 6.96% | +1.33 |
| WMT Walmart Inc. | New | 1.31% | +1.31 |
| UBER Uber Technologies Inc. | Add +309.1% | 1.70% | +1.29 |
| GE General Electric | Add +24.1% | 4.29% | +1.20 |
| AVGO Broadcom Inc. | Add +69.2% | 2.97% | +1.15 |
| MA Mastercard Inc. Class A | Add +272.2% | 0.98% | +0.69 |
| BSX Boston Scientific Corp. | New | 0.65% | +0.65 |
| NFLX Netflix Inc. | New | 0.61% | +0.61 |
| TGT Target Corp. | New | 0.56% | +0.56 |
| MSFT Microsoft Corp. | Add +13.5% | 14.30% | +0.46 |
| DV Doubleverify Holdings Inc. | Add +59.3% | 1.50% | +0.29 |
| LLY Eli Lilly & Co. | Add +6.9% | 2.00% | +0.28 |
| CCJ Cameco Corp. | Add +100.8% | 0.70% | +0.27 |
| PWR Quanta Services Inc. | Add +61.0% | 0.68% | +0.25 |
| ELF Elf Beauty Inc. | Add +216.3% | 0.34% | +0.24 |
| SPGI S&P Global Inc. | Add +107.2% | 0.58% | +0.22 |
| XLC SS Comm Select Sector SPDR | New | 0.21% | +0.21 |
| GLD SPDR Gold Shares | Add +45.2% | 0.82% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +57.3% | 0.49% | +0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +52.1% | 0.36% | +0.09 |
| IEF iShares 7-10 Year Treasury B | Add +72.3% | 0.32% | +0.09 |
| PPH Vaneck Pharmaceutical ETF | New | 0.05% | +0.05 |
| ABBV Abbvie Inc. | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | New | 0.04% | +0.04 |
| PEP Pepsico Inc. | New | 0.04% | +0.04 |
| BAC Bank of America Corp. | New | 0.03% | +0.03 |
| ADBE Adobe Inc. | New | 0.03% | +0.03 |
| JPM JPMorgan Chase & Co. | New | 0.03% | +0.03 |
| ACN Accenture PLC Class A | New | 0.03% | +0.03 |
| CMCSA Comcast Corp. Class A | New | 0.03% | +0.03 |
| DHR Danaher Corp. | New | 0.03% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.03% | +0.03 |
| LOW Lowe's Cos Inc. | New | 0.03% | +0.03 |
| BKNG Booking Holdings Inc. | New | 0.03% | +0.03 |
| PGR Progressive Corp. | New | 0.03% | +0.03 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| PLD Prologis Inc. | New | 0.02% | +0.02 |
| BMY Bristol-Myers Squibb Co. | New | 0.02% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.02% | +0.02 |
| TD Toronto-Dominion Bank | New | 0.02% | +0.02 |
| ADI Analog Devices Inc. | New | 0.02% | +0.02 |
| REGN Regeneron Pharmaceuticals | New | 0.02% | +0.02 |
| ELV Elevance Health Inc. | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 119 | $1.6B | GOOG, AAPL, INTC, AMZN, MS |
| Q1 2026 | 125 | $1.2B | GOOG, PH, AMZN, GLD, NVDA |
| Q4 2025 | 122 | $2.3B | GOOG, AMZN, PH, ROK, AVGO |
| Q3 2025 | 98 | $2.6B | NVDA, RBLX, MSFT, AVGO, JPM |
| Q2 2025 | 97 | $2.5B | NFLX, MSFT, NVDA, META, AVGO |
| Q1 2025 | 116 | $1.6B | NFLX, WMT, SE, JPM, BSX |
| Q4 2024 | 94 | $2.9B | NFLX, JPM, WMT, MSFT, NVDA |
| Q3 2024 | 102 | $2.4B | NVDA, GEV, NFLX, UBER, WMT |
| Q2 2024 | 129 | $2.2B | MSFT, NVDA, META, AMZN, GEV |
| Q1 2024 | 161 | $2.1B | MSFT, NVDA, META, AMZN, CRM |