Fullerton Fund Management Co Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Fullerton Fund Management Co Ltd. reported 97 stock positions worth $2.5 billion. Its top holding was Netflix (NFLX) at 7.6% of the portfolio, followed by Microsoft (MSFT, 7.4%) and Nvidia (NVDA, 7.0%). Compared with Q1 2025, it opened 18 new positions, sold out of 37, added to 35 and reduced 35. The biggest buy was Nvidia (NVDA, shares +308%) and the biggest sale Walmart (WMT, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001592746
- Portfolio Value
- $2.5B (Q2 2025)
- SEC Filing
- 0001104659-25-078038 ↗ filed Aug 14, 2025
Holdings Value
Holdings 97 stocks · $2.5B
| NFLX Netflix Inc. | 7.57% | 139,798 | $187.2M | Reduce -22.3% |
| MSFT Microsoft Corp. | 7.44% | 369,890 | $184.0M | Add +127.3% |
| NVDA Nvidia Corp. | 7.00% | 1,094,644 | $172.9M | Add +307.7% |
| META Meta Platforms Inc. Class A | 5.89% | 197,198 | $145.5M | Add +67.9% |
| AVGO Broadcom Inc. | 5.48% | 491,656 | $135.5M | Add +506.9% |
| JPM JPMorgan Chase & Co. | 5.48% | 467,031 | $135.4M | Add +34.2% |
| PH Parker Hannifin Corp. | 4.90% | 173,234 | $121.0M | Add +77.3% |
| NOW ServiceNow Inc. | 3.48% | 83,627 | $86.0M | Add +116.1% |
| GLD SPDR Gold Shares | 3.17% | 256,732 | $78.3M | Add +85.7% |
| BSX Boston Scientific Corp. | 3.07% | 706,039 | $75.8M | Add +4.0% |
| RBLX Roblox Corp. Class A | 2.95% | 692,447 | $72.8M | Add +9198.3% |
| AMZN Amazon.com Inc. | 2.81% | 316,722 | $69.5M | Reduce -8.8% |
| MMYT Makemytrip Ltd. | 2.74% | 690,787 | $67.7M | Add +343.1% |
| ADI Analog Devices Inc. | 2.74% | 284,028 | $67.6M | New |
| GOOG Alphabet Inc. Class C | 2.65% | 369,677 | $65.6M | Add +14.0% |
| SPGI S&P Global Inc. | 2.47% | 115,740 | $61.0M | Add +48.9% |
| ROK Rockwell Automation Inc. | 2.36% | 175,764 | $58.4M | New |
| CCJ Cameco Corp. | 2.29% | 762,380 | $56.6M | Add +3586.0% |
| WMT Walmart Inc. | 2.11% | 532,105 | $52.0M | Reduce -64.6% |
| SE Sea Ltd.-ADR | 2.04% | 315,710 | $50.5M | Reduce -59.3% |
| CAT Caterpillar Inc. | 1.93% | 123,130 | $47.8M | New |
| GLDM SPDR Gold Minishares Trust | 1.87% | 704,331 | $46.1M | Add +112.5% |
| AGI Alamos Gold Inc. Class A | 1.64% | 1,528,529 | $40.6M | Add +102.9% |
| ISRG Intuitive Surgical Inc. | 1.63% | 73,908 | $40.2M | Add +12156.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.44% | 753,349 | $35.6M | Add +3325.7% |
| MA Mastercard Inc. Class A | 1.41% | 61,944 | $34.8M | Add +179.8% |
| DDOG Datadog Inc. Class A | 1.34% | 246,851 | $33.2M | Reduce -39.6% |
| DKS Dick's Sporting Goods Inc. | 1.15% | 143,090 | $28.3M | Reduce -20.5% |
| TME Tencent Music Entertainm-ADR | 1.14% | 1,439,777 | $28.1M | New |
| UBS UBS Group AG-Reg | 1.02% | 745,363 | $25.1M | Reduce -34.0% |
| GOOGL Alphabet Inc. Class A | 0.93% | 130,456 | $23.0M | Reduce -34.8% |
| GDX Vaneck Gold Miners ETF | 0.73% | 345,345 | $18.0M | New |
| AAPL Apple Inc. | 0.59% | 70,896 | $14.5M | Reduce -51.2% |
| TSLA Tesla Inc. | 0.59% | 45,752 | $14.5M | Reduce -19.2% |
| EFA iShares MSCI Eafe ETF | 0.56% | 155,000 | $13.9M | Add +462.4% |
| KO The Coca-Cola Co. | 0.44% | 152,171 | $10.8M | Reduce -17.8% |
| IVV iShares Core S&P 500 ETF | 0.35% | 13,878 | $8.6M | Add +250.6% |
| LLY Eli Lilly & Co. | 0.32% | 10,269 | $8.0M | Add +4.4% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 16,521 | $6.7M | Reduce -16.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 9,539 | $5.3M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 6,882 | $4.3M | Add +154.4% |
| XLE SS Energy Select Sector | 0.15% | 43,500 | $3.7M | New |
| INTU Intuit Inc. | 0.12% | 3,836 | $3.0M | Add +14.6% |
| TEVA Teva Pharmaceutical-SP ADR | 0.08% | 117,949 | $2.0M | Add +35.5% |
| IBN Icici Bank Ltd.-Spon ADR | 0.08% | 56,478 | $1.9M | Reduce -18.7% |
| COST Costco Wholesale Corp. | 0.07% | 1,807 | $1.8M | Add +15.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 6,242 | $1.4M | Reduce -56.4% |
| SYK Stryker Corp. | 0.05% | 3,226 | $1.3M | Reduce -13.6% |
| INFY Infosys Ltd.-SP ADR | 0.05% | 61,697 | $1.1M | Reduce -67.5% |
| V Visa Inc. Class A | 0.04% | 3,115 | $1.1M | Reduce -43.9% |
| NTRA Natera Inc. | 0.04% | 6,228 | $1.1M | Reduce -98.0% |
| INDA iShares MSCI India ETF | 0.04% | 18,315 | $1.0M | Reduce -94.5% |
| PGR Progressive Corp. | 0.04% | 3,758 | $1.0M | Add +340.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 2,005 | $974K | Add +68.1% |
| FSLR First Solar Inc. | 0.04% | 5,273 | $873K | New |
| AMD Advanced Micro Devices | 0.03% | 5,476 | $777K | New |
| TRP TC Energy Corp. | 0.03% | 15,700 | $765K | Reduce -69.1% |
| SO The Southern Co. | 0.03% | 7,849 | $721K | Reduce -45.6% |
| MCD McDonald's Corp. | 0.03% | 2,454 | $717K | New |
| CME Cme Group Inc. | 0.03% | 2,484 | $685K | No change |
| ICE Intercontinental Exchange Inc. | 0.03% | 3,705 | $680K | No change |
| PLD Prologis Inc. | 0.03% | 6,416 | $674K | Add +8.4% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.03% | 9,157 | $673K | Add +11.4% |
| ORCL Oracle Corp. | 0.03% | 3,031 | $663K | Reduce -36.4% |
| PRU Prudential Financial Inc. | 0.03% | 6,111 | $657K | New |
| STT State Street Corp. | 0.03% | 5,904 | $628K | No change |
| AAXJ iShares MSCI All Country Asi | 0.03% | 7,527 | $622K | New |
| AMP Ameriprise Financial Inc. | 0.02% | 1,127 | $602K | No change |
| EQIX Equinix Inc. | 0.02% | 742 | $590K | Add +269.1% |
| SEIC Sei Investments Company | 0.02% | 6,415 | $576K | No change |
| MET Metlife Inc. | 0.02% | 7,076 | $569K | New |
| DLR Digital Realty Trust Inc. | 0.02% | 3,180 | $554K | New |
| ED Consolidated Edison Inc. | 0.02% | 5,404 | $542K | Reduce -10.9% |
| PPL PPL Corp. | 0.02% | 15,705 | $532K | New |
| TAL Tal Education Group- ADR | 0.02% | 50,372 | $515K | Reduce -94.7% |
| UNH Unitedhealth Group Inc. | 0.02% | 1,580 | $493K | Reduce -26.7% |
| CI The Cigna Group | 0.02% | 1,345 | $445K | Add +88.4% |
| RPRX Royalty Pharma PLC Class A | 0.02% | 11,494 | $414K | New |
| DELL Dell Technologies -C | 0.02% | 3,277 | $402K | No change |
| LIN Linde PLC | 0.02% | 852 | $400K | Reduce -77.8% |
| COF Capital One Financial Corp. | 0.01% | 1,603 | $341K | New |
| EIX Edison International | 0.01% | 6,380 | $329K | Add +14.0% |
| UHS Universal Health Services-B | 0.01% | 1,798 | $326K | Reduce -37.6% |
| AXP American Express Co. | 0.01% | 1,010 | $322K | Reduce -51.3% |
| SBAC SBA Communications Corp. | 0.01% | 1,359 | $319K | Reduce -45.8% |
| ABBV Abbvie Inc. | 0.01% | 1,707 | $317K | Add +8.5% |
| CRM Salesforce Inc. | 0.01% | 957 | $261K | Reduce -41.0% |
| RMD Resmed Inc. | 0.01% | 1,010 | $261K | Reduce -22.6% |
| VRSN Verisign Inc. | 0.01% | 813 | $235K | Reduce -61.5% |
| DHR Danaher Corp. | 0.01% | 1,142 | $226K | New |
| SPOT Spotify Technology SA | 0.01% | 276 | $212K | Add +7.0% |
| TT Trane Technologies PLC | 0.01% | 385 | $168K | Reduce -46.5% |
| BMY Bristol-Myers Squibb Co. | 0.01% | 3,547 | $164K | Reduce -57.3% |
| GRAB Grab Holdings Ltd. Class A | 0.00% | 11,434 | $58K | No change |
| HUBS HubSpot Inc. | 0.00% | 89 | $50K | Reduce -84.6% |
| FMC FMC Corp. | 0.00% | 71 | $3K | No change |
| HD Home Depot Inc. | 0.00% | 3 | $1K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| WMT Walmart Inc. | Reduce -64.6% | 2.11% | −6.38 |
| SE Sea Ltd.-ADR | Reduce -59.3% | 2.04% | −4.46 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −3.26 |
| NFLX Netflix Inc. | Reduce -22.3% | 7.57% | −3.20 |
| NTRA Natera Inc. | Reduce -98.0% | 0.04% | −2.72 |
| AAPL Apple Inc. | Reduce -51.2% | 0.59% | −1.48 |
| AMZN Amazon.com Inc. | Reduce -8.8% | 2.81% | −1.43 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.36 |
| DDOG Datadog Inc. Class A | Reduce -39.6% | 1.34% | −1.26 |
| UBS UBS Group AG-Reg | Reduce -34.0% | 1.02% | −1.19 |
| DKS Dick's Sporting Goods Inc. | Reduce -20.5% | 1.15% | −1.18 |
| INDA iShares MSCI India ETF | Reduce -94.5% | 0.04% | −1.07 |
| GOOGL Alphabet Inc. Class A | Reduce -34.8% | 0.93% | −1.06 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.85 |
| TAL Tal Education Group- ADR | Reduce -94.7% | 0.02% | −0.78 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.76 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.72 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.65 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.50 |
| KO The Coca-Cola Co. | Reduce -17.8% | 0.44% | −0.42 |
| TMO Thermo Fisher Scientific Inc. | Reduce -16.8% | 0.27% | −0.36 |
| TSLA Tesla Inc. | Reduce -19.2% | 0.59% | −0.35 |
| INFY Infosys Ltd.-SP ADR | Reduce -67.5% | 0.05% | −0.18 |
| TRP TC Energy Corp. | Reduce -69.1% | 0.03% | −0.12 |
| LIN Linde PLC | Reduce -77.8% | 0.02% | −0.10 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -56.4% | 0.06% | −0.10 |
| V Visa Inc. Class A | Reduce -43.9% | 0.04% | −0.08 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.07 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.07 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -18.7% | 0.08% | −0.06 |
| SO The Southern Co. | Reduce -45.6% | 0.03% | −0.06 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -26.7% | 0.02% | −0.05 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.04 |
| COP Conocophillips | Sold out | 0.00% | −0.04 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.04 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.04 |
| AIG American International Group | Sold out | 0.00% | −0.04 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.04 |
| SYK Stryker Corp. | Reduce -13.6% | 0.05% | −0.04 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.04 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.04 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −0.04 |
| KIM Kimco Realty Corp. | Sold out | 0.00% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.03 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.03 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.03 |
| LOGI Logitech International-Reg | Sold out | 0.00% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -57.3% | 0.01% | −0.03 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +307.7% | 7.00% | +5.13 |
| AVGO Broadcom Inc. | Add +506.9% | 5.48% | +4.61 |
| MSFT Microsoft Corp. | Add +127.3% | 7.44% | +3.52 |
| RBLX Roblox Corp. Class A | Add +9198.3% | 2.95% | +2.92 |
| ADI Analog Devices Inc. | New | 2.74% | +2.74 |
| ROK Rockwell Automation Inc. | New | 2.36% | +2.36 |
| CCJ Cameco Corp. | Add +3586.0% | 2.29% | +2.24 |
| CAT Caterpillar Inc. | New | 1.93% | +1.93 |
| MMYT Makemytrip Ltd. | Add +343.1% | 2.74% | +1.76 |
| ISRG Intuitive Surgical Inc. | Add +12156.7% | 1.63% | +1.61 |
| META Meta Platforms Inc. Class A | Add +67.9% | 5.89% | +1.54 |
| NOW ServiceNow Inc. | Add +116.1% | 3.48% | +1.50 |
| BAC Bank of America Corp. | Add +3325.7% | 1.44% | +1.38 |
| TME Tencent Music Entertainm-ADR | New | 1.14% | +1.14 |
| PH Parker Hannifin Corp. | Add +77.3% | 4.90% | +1.08 |
| GDX Vaneck Gold Miners ETF | New | 0.73% | +0.73 |
| MA Mastercard Inc. Class A | Add +179.8% | 1.41% | +0.63 |
| GLD SPDR Gold Shares | Add +85.7% | 3.17% | +0.61 |
| GLDM SPDR Gold Minishares Trust | Add +112.5% | 1.87% | +0.55 |
| EFA iShares MSCI Eafe ETF | Add +462.4% | 0.56% | +0.42 |
| AGI Alamos Gold Inc. Class A | Add +102.9% | 1.64% | +0.35 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.21% | +0.21 |
| IVV iShares Core S&P 500 ETF | Add +250.6% | 0.35% | +0.21 |
| XLE SS Energy Select Sector | New | 0.15% | +0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +154.4% | 0.17% | +0.07 |
| FSLR First Solar Inc. | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| MCD McDonald's Corp. | New | 0.03% | +0.03 |
| PRU Prudential Financial Inc. | New | 0.03% | +0.03 |
| AAXJ iShares MSCI All Country Asi | New | 0.03% | +0.03 |
| PGR Progressive Corp. | Add +340.6% | 0.04% | +0.03 |
| MET Metlife Inc. | New | 0.02% | +0.02 |
| DLR Digital Realty Trust Inc. | New | 0.02% | +0.02 |
| PPL PPL Corp. | New | 0.02% | +0.02 |
| RPRX Royalty Pharma PLC Class A | New | 0.02% | +0.02 |
| COF Capital One Financial Corp. | New | 0.01% | +0.01 |
| EQIX Equinix Inc. | Add +269.1% | 0.02% | +0.01 |
| DHR Danaher Corp. | New | 0.01% | +0.01 |
| CI The Cigna Group | Add +88.4% | 0.02% | +0.00 |
| SPOT Spotify Technology SA | Add +7.0% | 0.01% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +68.1% | 0.04% | −0.00 |
| JPM JPMorgan Chase & Co. | Add +34.2% | 5.48% | −0.00 |
| TEVA Teva Pharmaceutical-SP ADR | Add +35.5% | 0.08% | −0.01 |
| EIX Edison International | Add +14.0% | 0.01% | −0.01 |
| ABBV Abbvie Inc. | Add +8.5% | 0.01% | −0.01 |
| INTU Intuit Inc. | Add +14.6% | 0.12% | −0.01 |
| WRB WR Berkley Corp. | Add +11.4% | 0.03% | −0.01 |
| PLD Prologis Inc. | Add +8.4% | 0.03% | −0.02 |
| COST Costco Wholesale Corp. | Add +15.5% | 0.07% | −0.02 |
| SPGI S&P Global Inc. | Add +48.9% | 2.47% | −0.07 |
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 |