Keystone Investors Pte Ltd.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Keystone Investors Pte Ltd. reported 73 stock positions worth $1.2 billion. Its top holding was Meta Platforms Class A (META) at 11.2% of the portfolio, followed by Nvidia (NVDA, 9.1%) and Microsoft (MSFT, 9.0%). Compared with Q4 2023, it opened 36 new positions, sold out of 12, added to 18 and reduced 19. The biggest buy was a new position in Makemytrip (MMYT) and the biggest sale PDD (PDD, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001926253
- Portfolio Value
- $1.2B (Q1 2024)
- SEC Filing
- 0001926253-24-000007 ↗ filed May 10, 2024
Holdings Value
Holdings 73 stocks · $1.2B
| META Meta Platforms Inc. Class A | 11.22% | 266,063 | $129.2M | Reduce -20.3% |
| NVDA Nvidia Corp. | 9.15% | 116,587 | $105.3M | Reduce -52.9% |
| MSFT Microsoft Corp. | 8.96% | 245,320 | $103.2M | Reduce -21.2% |
| EDU New Oriental Educatio-SP ADR | 8.34% | 1,106,041 | $96.0M | Reduce -22.6% |
| MMYT Makemytrip Ltd. | 5.46% | 885,179 | $62.9M | New |
| APO Apollo Global Management Inc. | 5.15% | 527,734 | $59.3M | Add +82.8% |
| SNPS Synopsys Inc. | 5.09% | 102,559 | $58.6M | Reduce -9.7% |
| ARES Ares Management Corp. Class A | 4.87% | 421,325 | $56.0M | Reduce -54.9% |
| TCOM Trip.com Group Ltd.-ADR | 4.44% | 1,165,583 | $51.2M | New |
| HDB HDFC Bank Ltd.-ADR | 4.30% | 884,053 | $49.5M | Add +40.7% |
| SE Sea Ltd.-ADR | 4.20% | 900,544 | $48.4M | New |
| NOW ServiceNow Inc. | 4.05% | 61,177 | $46.6M | Reduce -15.5% |
| AMZN Amazon.com Inc. | 3.02% | 192,803 | $34.8M | Reduce -8.9% |
| CRL Charles River Laboratories | 2.91% | 123,617 | $33.5M | New |
| GOOGL Alphabet Inc. Class A | 2.18% | 165,930 | $25.0M | New |
| LULU Lululemon Athletica Inc. | 2.08% | 61,306 | $23.9M | Add +804.8% |
| MRVL Marvell Technology Inc. | 1.62% | 262,838 | $18.6M | Add +4566.9% |
| ONON On Holding AG Class A filed as ON HLDG AG | 1.50% | 487,467 | $17.2M | Add +71.1% |
| TAL Tal Education Group- ADR | 1.36% | 1,382,988 | $15.7M | Reduce -42.3% |
| VKTX Viking Therapeutics Inc. | 0.79% | 111,597 | $9.2M | New |
| CDNS Cadence Design SYS Inc. | 0.63% | 23,207 | $7.2M | Reduce -31.7% |
| AS Amer Sports Inc. | 0.55% | 388,750 | $6.3M | New |
| NTES Netease Inc.-ADR | 0.53% | 58,730 | $6.1M | Reduce -79.0% |
| AVGO Broadcom Inc. | 0.33% | 2,905 | $3.9M | Add +6.3% |
| PDD PDD Holdings Inc. | 0.33% | 32,185 | $3.7M | Reduce -95.5% |
| LVS Las Vegas Sands Corp. | 0.31% | 70,051 | $3.6M | Add +8.1% |
| MELI MercadoLibre Inc. | 0.30% | 2,272 | $3.4M | Add +7.0% |
| ADBE Adobe Inc. | 0.29% | 6,727 | $3.4M | Add +77.5% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.28% | 268,746 | $3.2M | Add +4.3% |
| MA Mastercard Inc. Class A | 0.28% | 6,634 | $3.2M | Add +7.2% |
| CNI Canadian Natl Railway Co. | 0.27% | 23,863 | $3.1M | New |
| MU Micron Technology Inc. | 0.27% | 26,002 | $3.1M | Add +406.7% |
| ROP Roper Technologies Inc. | 0.25% | 5,066 | $2.8M | Reduce -7.7% |
| TME Tencent Music Entertainm-ADR | 0.25% | 252,234 | $2.8M | New |
| CRM Salesforce Inc. | 0.24% | 9,276 | $2.8M | New |
| GOOG Alphabet Inc. Class C | 0.24% | 18,101 | $2.8M | New |
| HUBS HubSpot Inc. | 0.24% | 4,342 | $2.7M | New |
| AMD Advanced Micro Devices | 0.24% | 15,057 | $2.7M | Reduce -92.2% |
| GTLB Gitlab Inc. Class A | 0.21% | 41,909 | $2.4M | New |
| WDAY Workday Inc. Class A | 0.20% | 8,568 | $2.3M | Add +14.5% |
| PTC PTC Inc. | 0.20% | 12,007 | $2.3M | New |
| CYBR Cyberark Software Ltd./Israel | 0.19% | 8,397 | $2.2M | New |
| BN Brookfield Corp. | 0.18% | 50,440 | $2.1M | New |
| PCTY Paylocity Holding Corp. | 0.18% | 12,044 | $2.1M | Reduce -5.0% |
| LEGN Legend Biotech Corp.-ADR | 0.17% | 35,885 | $2.0M | New |
| MSCI MSCI Inc. | 0.17% | 3,580 | $2.0M | New |
| V Visa Inc. Class A | 0.17% | 7,037 | $2.0M | Add +29.7% |
| MEDP Medpace Holdings Inc. | 0.15% | 4,400 | $1.8M | New |
| GLOB Globant SA | 0.15% | 8,300 | $1.7M | New |
| BZ Kanzhun Ltd. - ADR | 0.14% | 90,233 | $1.6M | Add +20.6% |
| ICE Intercontinental Exchange Inc. | 0.13% | 10,971 | $1.5M | New |
| S Sentinelone Inc. Class A | 0.13% | 64,000 | $1.5M | New |
| TYL Tyler Technologies Inc. | 0.13% | 3,430 | $1.5M | New |
| RMBS Rambus Inc. | 0.10% | 19,022 | $1.2M | Add +491.5% |
| SAP Sap SE-Sponsored ADR | 0.10% | 5,720 | $1.1M | New |
| VRT Vertiv Holdings Co. Class A | 0.10% | 13,484 | $1.1M | New |
| ATAT Atour Lifestyle Holdings-ADR | 0.09% | 57,898 | $1.0M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.08% | 7,180 | $977K | New |
| SHOP Shopify Inc. Class A | 0.07% | 10,781 | $832K | New |
| ZS Zscaler Inc. | 0.07% | 4,250 | $819K | New |
| PGR Progressive Corp. | 0.06% | 3,418 | $707K | Add +38.4% |
| ALLY Ally Financial Inc. | 0.04% | 11,595 | $471K | Add +61.3% |
| KKR KKR & Co. Inc. | 0.04% | 4,528 | $455K | New |
| EQIX Equinix Inc. | 0.03% | 461 | $380K | New |
| DLR Digital Realty Trust Inc. | 0.03% | 2,565 | $369K | New |
| BABA Alibaba Group Holding-SP ADR | 0.02% | 3,921 | $284K | New |
| DASH DoorDash Inc. Class A | 0.02% | 1,926 | $265K | New |
| ALL Allstate Corp. | 0.02% | 1,464 | $253K | Reduce -23.3% |
| UBER Uber Technologies Inc. | 0.02% | 3,090 | $238K | Reduce -83.4% |
| KEY Keycorp | 0.02% | 13,468 | $213K | Reduce -9.7% |
| COF Capital One Financial Corp. | 0.02% | 1,392 | $207K | New |
| DHT DHT Holdings Inc. | 0.01% | 14,669 | $169K | Reduce -41.5% |
| SHLS Shoals Technologies Group -A | 0.01% | 11,727 | $131K | New |
Portfolio Sells Q4 2023 → Q1 2024
| PDD PDD Holdings Inc. | Reduce -95.5% | 0.33% | −8.58 |
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −8.41 |
| ARES Ares Management Corp. Class A | Reduce -54.9% | 4.87% | −4.50 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −3.61 |
| AMD Advanced Micro Devices | Reduce -92.2% | 0.24% | −2.17 |
| NTES Netease Inc.-ADR | Reduce -79.0% | 0.53% | −1.67 |
| TAL Tal Education Group- ADR | Reduce -42.3% | 1.36% | −1.19 |
| NVDA Nvidia Corp. | Reduce -52.9% | 9.15% | −1.18 |
| MSFT Microsoft Corp. | Reduce -21.2% | 8.96% | −0.90 |
| EDU New Oriental Educatio-SP ADR | Reduce -22.6% | 8.34% | −0.49 |
| NOW ServiceNow Inc. | Reduce -15.5% | 4.05% | −0.26 |
| AME Ametek Inc. | Sold out | 0.00% | −0.24 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.18 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.18 |
| MKL Markel Group Inc. | Sold out | 0.00% | −0.17 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.17 |
| CDNS Cadence Design SYS Inc. | Reduce -31.7% | 0.63% | −0.15 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.14 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.13 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.09 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.08 |
| UBER Uber Technologies Inc. | Reduce -83.4% | 0.02% | −0.08 |
| DHT DHT Holdings Inc. | Reduce -41.5% | 0.01% | −0.01 |
| ROP Roper Technologies Inc. | Reduce -7.7% | 0.25% | −0.01 |
| ALL Allstate Corp. | Reduce -23.3% | 0.02% | −0.00 |
| KEY Keycorp | Reduce -9.7% | 0.02% | +0.00 |
| PCTY Paylocity Holding Corp. | Reduce -5.0% | 0.18% | +0.00 |
| SNPS Synopsys Inc. | Reduce -9.7% | 5.09% | +0.16 |
| AMZN Amazon.com Inc. | Reduce -8.9% | 3.02% | +0.31 |
| META Meta Platforms Inc. Class A | Reduce -20.3% | 11.22% | +1.27 |
Portfolio Buys Q4 2023 → Q1 2024
| MMYT Makemytrip Ltd. | New | 5.46% | +5.46 |
| TCOM Trip.com Group Ltd.-ADR | New | 4.44% | +4.44 |
| SE Sea Ltd.-ADR | New | 4.20% | +4.20 |
| CRL Charles River Laboratories | New | 2.91% | +2.91 |
| APO Apollo Global Management Inc. | Add +82.8% | 5.15% | +2.89 |
| GOOGL Alphabet Inc. Class A | New | 2.18% | +2.18 |
| LULU Lululemon Athletica Inc. | Add +804.8% | 2.08% | +1.79 |
| MRVL Marvell Technology Inc. | Add +4566.9% | 1.62% | +1.59 |
| ONON On Holding AG Class A | Add +71.1% | 1.50% | +0.85 |
| VKTX Viking Therapeutics Inc. | New | 0.79% | +0.79 |
| HDB HDFC Bank Ltd.-ADR | Add +40.7% | 4.30% | +0.74 |
| AS Amer Sports Inc. | New | 0.55% | +0.55 |
| CNI Canadian Natl Railway Co. | New | 0.27% | +0.27 |
| TME Tencent Music Entertainm-ADR | New | 0.25% | +0.25 |
| CRM Salesforce Inc. | New | 0.24% | +0.24 |
| GOOG Alphabet Inc. Class C | New | 0.24% | +0.24 |
| HUBS HubSpot Inc. | New | 0.24% | +0.24 |
| MU Micron Technology Inc. | Add +406.7% | 0.27% | +0.23 |
| GTLB Gitlab Inc. Class A | New | 0.21% | +0.21 |
| PTC PTC Inc. | New | 0.20% | +0.20 |
| CYBR Cyberark Software Ltd./Israel | New | 0.19% | +0.19 |
| BN Brookfield Corp. | New | 0.18% | +0.18 |
| LEGN Legend Biotech Corp.-ADR | New | 0.17% | +0.17 |
| MSCI MSCI Inc. | New | 0.17% | +0.17 |
| MEDP Medpace Holdings Inc. | New | 0.15% | +0.15 |
| GLOB Globant SA | New | 0.15% | +0.15 |
| ICE Intercontinental Exchange Inc. | New | 0.13% | +0.13 |
| S Sentinelone Inc. Class A | New | 0.13% | +0.13 |
| TYL Tyler Technologies Inc. | New | 0.13% | +0.13 |
| ADBE Adobe Inc. | Add +77.5% | 0.29% | +0.10 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +4.3% | 0.28% | +0.10 |
| SAP Sap SE-Sponsored ADR | New | 0.10% | +0.10 |
| VRT Vertiv Holdings Co. Class A | New | 0.10% | +0.10 |
| ATAT Atour Lifestyle Holdings-ADR | New | 0.09% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.08% | +0.08 |
| RMBS Rambus Inc. | Add +491.5% | 0.10% | +0.08 |
| AVGO Broadcom Inc. | Add +6.3% | 0.33% | +0.08 |
| SHOP Shopify Inc. Class A | New | 0.07% | +0.07 |
| ZS Zscaler Inc. | New | 0.07% | +0.07 |
| MA Mastercard Inc. Class A | Add +7.2% | 0.28% | +0.06 |
| V Visa Inc. Class A | Add +29.7% | 0.17% | +0.05 |
| LVS Las Vegas Sands Corp. | Add +8.1% | 0.31% | +0.05 |
| KKR KKR & Co. Inc. | New | 0.04% | +0.04 |
| EQIX Equinix Inc. | New | 0.03% | +0.03 |
| BZ Kanzhun Ltd. - ADR | Add +20.6% | 0.14% | +0.03 |
| DLR Digital Realty Trust Inc. | New | 0.03% | +0.03 |
| WDAY Workday Inc. Class A | Add +14.5% | 0.20% | +0.03 |
| PGR Progressive Corp. | Add +38.4% | 0.06% | +0.03 |
| BABA Alibaba Group Holding-SP ADR | New | 0.02% | +0.02 |
| DASH DoorDash Inc. Class A | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 84 | $1.9B | WDC, STX, AMZN, GOOG, COHR |
| Q4 2025 | 77 | $1.1B | GOOG, NVDA, SE, AMZN, GDX |
| Q3 2025 | 68 | $865.1M | SE, GOOG, NVDA, TME, TSLA |
| Q2 2025 | 48 | $484.5M | TME, SE, NVDA, MSFT, META |
| Q1 2025 | 51 | $711.7M | META, SE, MU, HTHT, QFIN |
| Q4 2024 | 77 | $1.4B | NVDA, META, AMZN, SE, MMYT |
| Q3 2024 | 67 | $1.4B | NVDA, PDD, META, YUMC, TCOM |
| Q2 2024 | 61 | $1.2B | NVDA, META, MSFT, EDU, MMYT |
| Q1 2024 | 73 | $1.2B | META, NVDA, MSFT, EDU, MMYT |