Fullerton Fund Management Co Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Fullerton Fund Management Co Ltd. reported 94 stock positions worth $2.9 billion. Its top holding was Netflix (NFLX) at 7.6% of the portfolio, followed by JPMorgan Chase (JPM, 7.4%) and Walmart (WMT, 7.3%). Compared with Q3 2024, it opened 24 new positions, sold out of 32, added to 30 and reduced 27. The biggest buy was a new position in Datadog Class A (DDOG) and the biggest sale an exit from Uber Technologies (UBER).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001592746
- Portfolio Value
- $2.9B (Q4 2024)
- SEC Filing
- 0001104659-25-013408 ↗ filed Feb 14, 2025
Holdings Value
Holdings 94 stocks · $2.9B
| NFLX Netflix Inc. | 7.60% | 244,101 | $217.6M | Add +7.3% |
| JPM JPMorgan Chase & Co. | 7.38% | 881,220 | $211.2M | Add +147.8% |
| WMT Walmart Inc. | 7.28% | 2,307,352 | $208.5M | Add +23.0% |
| MSFT Microsoft Corp. | 6.84% | 464,626 | $195.8M | Add +103.9% |
| NVDA Nvidia Corp. | 6.47% | 1,380,059 | $185.3M | Reduce -13.6% |
| AMZN Amazon.com Inc. | 6.26% | 816,334 | $179.1M | Add +120.5% |
| DDOG Datadog Inc. Class A | 5.79% | 1,160,033 | $165.8M | New |
| BSX Boston Scientific Corp. | 4.85% | 1,553,156 | $138.7M | Add +52.3% |
| TSM Taiwan Semiconductor-SP ADR | 4.04% | 586,258 | $115.8M | Add +2058.2% |
| GEV GE Vernova Inc. | 3.59% | 312,836 | $102.9M | Reduce -58.8% |
| META Meta Platforms Inc. Class A | 3.43% | 167,897 | $98.3M | Add +19.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.69% | 225,070 | $77.0M | Reduce -42.8% |
| NTRA Natera Inc. | 2.64% | 477,876 | $75.6M | Add +12.6% |
| IBKR Interactive Brokers Gro Class A | 2.41% | 390,882 | $69.1M | New |
| SPGI S&P Global Inc. | 2.06% | 118,270 | $58.9M | Add +4126.9% |
| MS Morgan Stanley | 1.94% | 442,733 | $55.7M | Add +5707.9% |
| AAPL Apple Inc. | 1.63% | 186,663 | $46.7M | Reduce -4.3% |
| AVGO Broadcom Inc. | 1.63% | 201,574 | $46.7M | Add +45.7% |
| SE Sea Ltd.-ADR | 1.60% | 431,408 | $45.8M | Add +11.1% |
| GOOG Alphabet Inc. Class C | 1.30% | 195,154 | $37.2M | Reduce -33.5% |
| VST Vistra Corp. | 1.20% | 248,586 | $34.3M | Reduce -29.7% |
| VRT Vertiv Holdings Co. Class A | 1.19% | 299,573 | $34.0M | Reduce -34.4% |
| TSLA Tesla Inc. | 1.04% | 73,715 | $29.8M | Add +117.2% |
| XLF SS Financial Select Sector | 1.03% | 608,791 | $29.4M | Reduce -13.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 49,739 | $25.4M | Reduce -26.0% |
| TT Trane Technologies PLC | 0.89% | 68,794 | $25.4M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 0.85% | 128,317 | $24.3M | Add +14.0% |
| UBS UBS Group AG-Reg | 0.85% | 792,832 | $24.3M | New |
| LLY Eli Lilly & Co. | 0.84% | 31,202 | $24.1M | Reduce -13.4% |
| GLD SPDR Gold Shares | 0.84% | 99,433 | $24.1M | Reduce -55.5% |
| COIN Coinbase Global Inc. Class A | 0.83% | 95,608 | $23.7M | Add +7440.1% |
| YUMC Yum China Holdings Inc. | 0.81% | 480,850 | $23.2M | New |
| INDA iShares MSCI India ETF | 0.72% | 390,944 | $20.6M | Reduce -15.8% |
| NKE Nike Inc. Class B | 0.64% | 240,753 | $18.2M | Reduce -41.5% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.56% | 292,221 | $16.0M | New |
| GLDM SPDR Gold Minishares Trust | 0.55% | 302,199 | $15.7M | Reduce -1.4% |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 25,050 | $13.0M | Reduce -67.4% |
| JETS US Global Jets ETF | 0.41% | 468,458 | $11.9M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 19,102 | $11.2M | Add +253.0% |
| IVV iShares Core S&P 500 ETF | 0.37% | 17,907 | $10.5M | Reduce -78.6% |
| TMUS T-Mobile US Inc. | 0.26% | 34,330 | $7.6M | Reduce -42.9% |
| RDDT Reddit Inc. Class A | 0.26% | 45,388 | $7.4M | New |
| EFA iShares MSCI Eafe ETF | 0.26% | 97,597 | $7.4M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.19% | 64,397 | $5.5M | New |
| UNH Unitedhealth Group Inc. | 0.17% | 9,374 | $4.7M | No change |
| TCOM Trip.com Group Ltd.-ADR | 0.16% | 66,914 | $4.6M | New |
| INFY Infosys Ltd.-SP ADR | 0.16% | 203,710 | $4.5M | New |
| MA Mastercard Inc. Class A | 0.12% | 6,571 | $3.5M | Add +125.7% |
| KO The Coca-Cola Co. | 0.11% | 51,198 | $3.2M | Reduce -92.1% |
| AAXJ iShares MSCI All Country Asi | 0.10% | 41,421 | $3.0M | Add +640.7% |
| TAL Tal Education Group- ADR | 0.10% | 290,820 | $2.9M | New |
| FXI iShares China Large-Cap ETF | 0.08% | 76,100 | $2.3M | New |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.08% | 111,058 | $2.2M | New |
| INTU Intuit Inc. | 0.07% | 3,348 | $2.1M | Add +57.3% |
| SYK Stryker Corp. | 0.07% | 5,309 | $1.9M | Add +34.9% |
| TRP TC Energy Corp. | 0.07% | 40,800 | $1.9M | New |
| LIN Linde PLC | 0.06% | 4,188 | $1.8M | Add +169.3% |
| EWT iShares MSCI Taiwan ETF | 0.06% | 33,344 | $1.7M | New |
| COHR Coherent Corp. | 0.06% | 17,832 | $1.7M | New |
| CVX Chevron Corp. | 0.05% | 9,540 | $1.4M | Add +126.4% |
| CB Chubb Ltd. | 0.05% | 4,947 | $1.4M | Add +5.8% |
| SO The Southern Co. | 0.05% | 15,889 | $1.3M | Add +16.6% |
| AGI Alamos Gold Inc. Class A | 0.04% | 67,944 | $1.3M | Reduce -95.9% |
| MELI MercadoLibre Inc. | 0.03% | 576 | $979K | Add +113.3% |
| AXP American Express Co. | 0.03% | 3,196 | $949K | New |
| USB US Bancorp | 0.03% | 17,781 | $850K | Add +2.2% |
| CCJ Cameco Corp. | 0.03% | 16,037 | $824K | Add +54.9% |
| MAA Mid-America Apartment Comm | 0.03% | 4,872 | $753K | Reduce -46.1% |
| PGR Progressive Corp. | 0.03% | 3,077 | $737K | New |
| TD Toronto-Dominion Bank | 0.03% | 13,600 | $723K | No change |
| NOW ServiceNow Inc. | 0.02% | 654 | $693K | Add +35.1% |
| TRV The Travelers Cos Inc. | 0.02% | 2,871 | $692K | Reduce -11.1% |
| PPL PPL Corp. | 0.02% | 20,464 | $664K | New |
| TFC Truist Financial Corp. | 0.02% | 15,298 | $664K | New |
| MDLZ Mondelez International Inc. Class A | 0.02% | 10,712 | $640K | Add +11.5% |
| PPG PPG Industries Inc. | 0.02% | 5,308 | $634K | New |
| CL Colgate-Palmolive Co. | 0.02% | 6,830 | $621K | Reduce -27.2% |
| TXT Textron Inc. | 0.02% | 7,997 | $612K | New |
| IEF iShares 7-10 Year Treasury B | 0.02% | 6,481 | $599K | No change |
| DOV Dover Corp. | 0.02% | 3,185 | $598K | No change |
| TRI Thomson Reuters Corp. | 0.02% | 3,679 | $590K | No change |
| CARR Carrier Global Corp. | 0.02% | 7,903 | $539K | Reduce -18.1% |
| DLR Digital Realty Trust Inc. | 0.01% | 2,327 | $413K | No change |
| EQIX Equinix Inc. | 0.01% | 418 | $394K | No change |
| RPRX Royalty Pharma PLC Class A | 0.01% | 15,205 | $388K | No change |
| HST Host Hotels & Resorts Inc. | 0.01% | 22,060 | $386K | New |
| CPT Camden Property Trust | 0.01% | 3,236 | $376K | Reduce -61.8% |
| LUV Southwest Airlines Co. | 0.01% | 10,623 | $357K | New |
| XYL Xylem Inc. | 0.01% | 2,964 | $344K | No change |
| ISRG Intuitive Surgical Inc. | 0.01% | 597 | $312K | No change |
| ACN Accenture PLC Class A | 0.01% | 848 | $298K | No change |
| CCI Crown Castle Inc. | 0.01% | 3,154 | $286K | No change |
| J Jacobs Solutions Inc. | 0.01% | 1,839 | $246K | Reduce -57.1% |
| GRAB Grab Holdings Ltd. Class A | 0.00% | 11,616 | $55K | Reduce -28.2% |
Portfolio Sells Q3 2024 → Q4 2024
| UBER Uber Technologies Inc. | Sold out | 0.00% | −6.59 |
| GEV GE Vernova Inc. | Reduce -58.8% | 3.59% | −4.55 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -42.8% | 2.69% | −1.95 |
| KO The Coca-Cola Co. | Reduce -92.1% | 0.11% | −1.84 |
| NVDA Nvidia Corp. | Reduce -13.6% | 6.47% | −1.68 |
| IVV iShares Core S&P 500 ETF | Reduce -78.6% | 0.37% | −1.66 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −1.58 |
| TMO Thermo Fisher Scientific Inc. | Reduce -67.4% | 0.46% | −1.54 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.51 |
| GLD SPDR Gold Shares | Reduce -55.5% | 0.84% | −1.44 |
| AGI Alamos Gold Inc. Class A | Reduce -95.9% | 0.04% | −1.35 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −1.11 |
| NKE Nike Inc. Class B | Reduce -41.5% | 0.64% | −0.89 |
| GOOG Alphabet Inc. Class C | Reduce -33.5% | 1.30% | −0.76 |
| VRT Vertiv Holdings Co. Class A | Reduce -34.4% | 1.19% | −0.72 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −0.66 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.60 |
| VST Vistra Corp. | Reduce -29.7% | 1.20% | −0.56 |
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −0.56 |
| LLY Eli Lilly & Co. | Reduce -13.4% | 0.84% | −0.50 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -26.0% | 0.89% | −0.49 |
| GE General Electric | Sold out | 0.00% | −0.48 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.45 |
| INDA iShares MSCI India ETF | Reduce -15.8% | 0.72% | −0.42 |
| XLF SS Financial Select Sector | Reduce -13.8% | 1.03% | −0.32 |
| AAPL Apple Inc. | Reduce -4.3% | 1.63% | −0.28 |
| IVE iShares S&P 500 Value ETF | Sold out | 0.00% | −0.28 |
| TMUS T-Mobile US Inc. | Reduce -42.9% | 0.26% | −0.26 |
| TT Trane Technologies PLC | Reduce -0.9% | 0.89% | −0.25 |
| GLDM SPDR Gold Minishares Trust | Reduce -1.4% | 0.55% | −0.12 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.12 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.07 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.07 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | −0.04 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.04 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.04 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.04 |
| MAA Mid-America Apartment Comm | Reduce -46.1% | 0.03% | −0.03 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.03 |
| CPT Camden Property Trust | Reduce -61.8% | 0.01% | −0.03 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.03 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.03 |
| U Unity Software Inc. | Sold out | 0.00% | −0.03 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.02 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -27.2% | 0.02% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.02 |
| KEYS Keysight Technologies Inc. | Sold out | 0.00% | −0.02 |
| J Jacobs Solutions Inc. | Reduce -57.1% | 0.01% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| DDOG Datadog Inc. Class A | New | 5.79% | +5.79 |
| JPM JPMorgan Chase & Co. | Add +147.8% | 7.38% | +4.23 |
| TSM Taiwan Semiconductor-SP ADR | Add +2058.2% | 4.04% | +3.85 |
| AMZN Amazon.com Inc. | Add +120.5% | 6.26% | +3.36 |
| MSFT Microsoft Corp. | Add +103.9% | 6.84% | +2.72 |
| IBKR Interactive Brokers Gro Class A | New | 2.41% | +2.41 |
| SPGI S&P Global Inc. | Add +4126.9% | 2.06% | +2.00 |
| MS Morgan Stanley | Add +5707.9% | 1.94% | +1.91 |
| BSX Boston Scientific Corp. | Add +52.3% | 4.85% | +1.25 |
| WMT Walmart Inc. | Add +23.0% | 7.28% | +0.92 |
| UBS UBS Group AG-Reg | New | 0.85% | +0.85 |
| COIN Coinbase Global Inc. Class A | Add +7440.1% | 0.83% | +0.82 |
| NFLX Netflix Inc. | Add +7.3% | 7.60% | +0.82 |
| YUMC Yum China Holdings Inc. | New | 0.81% | +0.81 |
| TSLA Tesla Inc. | Add +117.2% | 1.04% | +0.67 |
| AVGO Broadcom Inc. | Add +45.7% | 1.63% | +0.63 |
| ONON On Holding AG Class A | New | 0.56% | +0.56 |
| JETS US Global Jets ETF | New | 0.41% | +0.41 |
| NTRA Natera Inc. | Add +12.6% | 2.64% | +0.38 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +253.0% | 0.39% | +0.26 |
| RDDT Reddit Inc. Class A | New | 0.26% | +0.26 |
| BABA Alibaba Group Holding-SP ADR | New | 0.19% | +0.19 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.16% | +0.16 |
| INFY Infosys Ltd.-SP ADR | New | 0.16% | +0.16 |
| TAL Tal Education Group- ADR | New | 0.10% | +0.10 |
| AAXJ iShares MSCI All Country Asi | Add +640.7% | 0.10% | +0.09 |
| FXI iShares China Large-Cap ETF | New | 0.08% | +0.08 |
| BCI Abrdn Bloomberg All Commodit | New | 0.08% | +0.08 |
| TRP TC Energy Corp. | New | 0.07% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +14.0% | 0.85% | +0.06 |
| META Meta Platforms Inc. Class A | Add +19.8% | 3.43% | +0.06 |
| MA Mastercard Inc. Class A | Add +125.7% | 0.12% | +0.06 |
| EWT iShares MSCI Taiwan ETF | New | 0.06% | +0.06 |
| SE Sea Ltd.-ADR | Add +11.1% | 1.60% | +0.06 |
| COHR Coherent Corp. | New | 0.06% | +0.06 |
| AXP American Express Co. | New | 0.03% | +0.03 |
| LIN Linde PLC | Add +169.3% | 0.06% | +0.03 |
| PGR Progressive Corp. | New | 0.03% | +0.03 |
| PPL PPL Corp. | New | 0.02% | +0.02 |
| TFC Truist Financial Corp. | New | 0.02% | +0.02 |
| CVX Chevron Corp. | Add +126.4% | 0.05% | +0.02 |
| PPG PPG Industries Inc. | New | 0.02% | +0.02 |
| TXT Textron Inc. | New | 0.02% | +0.02 |
| INTU Intuit Inc. | Add +57.3% | 0.07% | +0.02 |
| HST Host Hotels & Resorts Inc. | New | 0.01% | +0.01 |
| LUV Southwest Airlines Co. | New | 0.01% | +0.01 |
| MELI MercadoLibre Inc. | Add +113.3% | 0.03% | +0.01 |
| CCJ Cameco Corp. | Add +54.9% | 0.03% | +0.01 |
| SYK Stryker Corp. | Add +34.9% | 0.07% | +0.01 |
| NOW ServiceNow Inc. | Add +35.1% | 0.02% | +0.01 |
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 |