Keystone Investors Pte Ltd.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Keystone Investors Pte Ltd. reported 67 stock positions worth $1.4 billion. Its top holding was Nvidia (NVDA) at 13.6% of the portfolio, followed by PDD (PDD, 12.5%) and Meta Platforms Class A (META, 11.9%). Compared with Q2 2024, it opened 27 new positions, sold out of 21, added to 15 and reduced 25. The biggest buy was PDD (PDD, shares +309%) and the biggest sale Microsoft (MSFT, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001926253
- Portfolio Value
- $1.4B (Q3 2024)
- SEC Filing
- 0002024908-24-000025 ↗ filed Nov 13, 2024
Holdings Value
Holdings 67 stocks · $1.4B
| NVDA Nvidia Corp. | 13.63% | 1,535,134 | $186.4M | Add +36.7% |
| PDD PDD Holdings Inc. | 12.53% | 1,271,145 | $171.4M | Add +308.7% |
| META Meta Platforms Inc. Class A | 11.94% | 285,183 | $163.3M | Add +7.1% |
| YUMC Yum China Holdings Inc. | 7.29% | 2,213,760 | $99.7M | New |
| TCOM Trip.com Group Ltd.-ADR | 6.76% | 1,555,580 | $92.4M | Add +30023.5% |
| MMYT Makemytrip Ltd. | 6.56% | 964,651 | $89.7M | Reduce -2.2% |
| SE Sea Ltd.-ADR | 5.79% | 840,175 | $79.2M | Add +21.5% |
| FWONK Liberty Media Corp. Class C | 5.51% | 973,791 | $75.4M | Add +1645.3% |
| HDB HDFC Bank Ltd.-ADR | 3.32% | 726,064 | $45.4M | Add +4.3% |
| ARES Ares Management Corp. Class A | 3.25% | 284,809 | $44.4M | Reduce -22.9% |
| SAP Sap SE-Sponsored ADR | 2.71% | 161,479 | $37.0M | Reduce -43.5% |
| MSFT Microsoft Corp. | 2.62% | 83,294 | $35.8M | Reduce -69.3% |
| STEP Stepstone Group Inc. Class A | 2.35% | 565,801 | $32.2M | New |
| AMZN Amazon.com Inc. | 2.32% | 170,024 | $31.7M | Reduce -40.5% |
| DDOG Datadog Inc. Class A | 1.30% | 154,134 | $17.7M | Reduce -34.6% |
| FICO Fair Isaac Corp. | 1.17% | 8,247 | $16.0M | New |
| RCL Royal Caribbean Cruises Ltd. | 0.89% | 68,271 | $12.1M | New |
| GEV GE Vernova Inc. | 0.78% | 42,008 | $10.7M | Add +42.5% |
| PGR Progressive Corp. | 0.72% | 38,834 | $9.9M | Add +1174.9% |
| EDU New Oriental Educatio-SP ADR | 0.60% | 107,722 | $8.2M | Reduce -90.4% |
| AVGO Broadcom Inc. | 0.60% | 47,205 | $8.1M | Add +16.4% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.47% | 224,800 | $6.4M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.45% | 35,736 | $6.2M | Add +60.7% |
| NOW ServiceNow Inc. | 0.39% | 5,997 | $5.4M | Reduce -91.4% |
| AFRM Affirm Holdings Inc. | 0.39% | 129,432 | $5.3M | New |
| SNPS Synopsys Inc. | 0.37% | 9,971 | $5.0M | Reduce -83.1% |
| ADBE Adobe Inc. | 0.32% | 8,391 | $4.3M | Reduce -5.1% |
| CNI Canadian Natl Railway Co. | 0.31% | 35,687 | $4.2M | Add +18.4% |
| IJH iShares Core S&P Midcap ETF | 0.29% | 64,240 | $4.0M | New |
| HTHT H World Group Ltd.-ADR | 0.28% | 102,000 | $3.8M | New |
| MSCI MSCI Inc. | 0.26% | 6,212 | $3.6M | Add +34.6% |
| NFLX Netflix Inc. | 0.26% | 5,094 | $3.6M | New |
| BN Brookfield Corp. | 0.25% | 64,433 | $3.4M | Reduce -7.0% |
| MU Micron Technology Inc. | 0.24% | 31,969 | $3.3M | Add +11.8% |
| VKTX Viking Therapeutics Inc. | 0.22% | 46,743 | $3.0M | Reduce -49.2% |
| ABNB Airbnb Inc. Class A | 0.21% | 23,101 | $2.9M | Add +960.6% |
| CSGP Costar Group Inc. | 0.21% | 37,324 | $2.8M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.17% | 8,529 | $2.4M | New |
| MA Mastercard Inc. Class A | 0.17% | 4,786 | $2.4M | Reduce -37.3% |
| U Unity Software Inc. | 0.16% | 98,243 | $2.2M | New |
| DECK Deckers Outdoor Corp. | 0.16% | 13,882 | $2.2M | Reduce -49.5% |
| UBER Uber Technologies Inc. | 0.16% | 28,892 | $2.2M | Reduce -59.4% |
| ADSK Autodesk Inc. | 0.15% | 7,685 | $2.1M | New |
| MDB Mongodb Inc. | 0.14% | 7,320 | $2.0M | Reduce -8.2% |
| ZS Zscaler Inc. | 0.14% | 10,923 | $1.9M | Reduce -44.7% |
| RELX Relx PLC - Spon ADR | 0.12% | 34,050 | $1.6M | Reduce -22.7% |
| HUBS HubSpot Inc. | 0.12% | 3,036 | $1.6M | New |
| V Visa Inc. Class A | 0.12% | 5,742 | $1.6M | Reduce -16.7% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.11% | 29,690 | $1.5M | Reduce -67.0% |
| NDAQ Nasdaq Inc. | 0.11% | 20,014 | $1.5M | New |
| ROP Roper Technologies Inc. | 0.10% | 2,389 | $1.3M | Reduce -61.0% |
| BNTX Biontech SE-ADR | 0.09% | 10,678 | $1.3M | New |
| TEVA Teva Pharmaceutical-SP ADR | 0.08% | 58,557 | $1.1M | New |
| DASH DoorDash Inc. Class A | 0.06% | 6,107 | $872K | New |
| BABA Alibaba Group Holding-SP ADR | 0.06% | 7,220 | $766K | New |
| LLY Eli Lilly & Co. | 0.05% | 793 | $703K | New |
| KKR KKR & Co. Inc. | 0.04% | 4,567 | $596K | Reduce -24.9% |
| CYBR Cyberark Software Ltd./Israel | 0.03% | 1,491 | $435K | Reduce -80.4% |
| LI Li Auto Inc. - ADR | 0.02% | 12,208 | $313K | New |
| GLOB Globant SA | 0.02% | 1,268 | $251K | New |
| SCCO Southern Copper Corp. | 0.02% | 2,016 | $233K | New |
| KWEB Kranesh Csi China Internet | 0.02% | 6,093 | $207K | New |
| TYL Tyler Technologies Inc. | 0.01% | 347 | $203K | New |
| DHT DHT Holdings Inc. | 0.01% | 13,780 | $152K | Reduce -2.4% |
| NWG Natwest Group PLC -Spon ADR | 0.01% | 10,404 | $97K | Reduce -49.1% |
| TIGR Up Fintech Holding Ltd. - ADR | 0.00% | 10,395 | $56K | New |
| FXI iShares China Large-Cap ETF | 0.00% | 1,566 | $50K | New |
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -69.3% | 2.62% | −7.58 |
| EDU New Oriental Educatio-SP ADR | Reduce -90.4% | 0.60% | −6.78 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −4.61 |
| NOW ServiceNow Inc. | Reduce -91.4% | 0.39% | −4.23 |
| SNPS Synopsys Inc. | Reduce -83.1% | 0.37% | −2.59 |
| AMZN Amazon.com Inc. | Reduce -40.5% | 2.32% | −2.33 |
| SAP Sap SE-Sponsored ADR | Reduce -43.5% | 2.71% | −2.15 |
| CRL Charles River Laboratories | Sold out | 0.00% | −1.85 |
| DDOG Datadog Inc. Class A | Reduce -34.6% | 1.30% | −1.28 |
| TAL Tal Education Group- ADR | Sold out | 0.00% | −1.01 |
| ARES Ares Management Corp. Class A | Reduce -22.9% | 3.25% | −0.90 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.44 |
| MMYT Makemytrip Ltd. | Reduce -2.2% | 6.56% | −0.43 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.40 |
| AS Amer Sports Inc. | Sold out | 0.00% | −0.40 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.36 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.36 |
| UBER Uber Technologies Inc. | Reduce -59.4% | 0.16% | −0.28 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.22 |
| DECK Deckers Outdoor Corp. | Reduce -49.5% | 0.16% | −0.21 |
| VKTX Viking Therapeutics Inc. | Reduce -49.2% | 0.22% | −0.19 |
| ROP Roper Technologies Inc. | Reduce -61.0% | 0.10% | −0.19 |
| ONON On Holding AG Class A | Reduce -67.0% | 0.11% | −0.19 |
| ZS Zscaler Inc. | Reduce -44.7% | 0.14% | −0.18 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.18 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −0.16 |
| AME Ametek Inc. | Sold out | 0.00% | −0.16 |
| BIRK Birkenstock Holding PLC | Sold out | 0.00% | −0.15 |
| CYBR Cyberark Software Ltd./Israel | Reduce -80.4% | 0.03% | −0.14 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.14 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -37.3% | 0.17% | −0.11 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −0.10 |
| ADBE Adobe Inc. | Reduce -5.1% | 0.32% | −0.10 |
| PAYC Paycom Software Inc. | Sold out | 0.00% | −0.07 |
| RELX Relx PLC - Spon ADR | Reduce -22.7% | 0.12% | −0.05 |
| ALLY Ally Financial Inc. | Sold out | 0.00% | −0.05 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.04 |
| V Visa Inc. Class A | Reduce -16.7% | 0.12% | −0.04 |
| MDB Mongodb Inc. | Reduce -8.2% | 0.14% | −0.02 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.02 |
| KKR KKR & Co. Inc. | Reduce -24.9% | 0.04% | −0.01 |
| NWG Natwest Group PLC -Spon ADR | Reduce -49.1% | 0.01% | −0.01 |
| SHLS Shoals Technologies Group -A | Sold out | 0.00% | −0.01 |
| DHT DHT Holdings Inc. | Reduce -2.4% | 0.01% | −0.00 |
| BN Brookfield Corp. | Reduce -7.0% | 0.25% | +0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| PDD PDD Holdings Inc. | Add +308.7% | 12.53% | +9.05 |
| YUMC Yum China Holdings Inc. | New | 7.29% | +7.29 |
| TCOM Trip.com Group Ltd.-ADR | Add +30023.5% | 6.76% | +6.74 |
| FWONK Liberty Media Corp. Class C | Add +1645.3% | 5.51% | +5.18 |
| STEP Stepstone Group Inc. Class A | New | 2.35% | +2.35 |
| NVDA Nvidia Corp. | Add +36.7% | 13.63% | +1.94 |
| SE Sea Ltd.-ADR | Add +21.5% | 5.79% | +1.63 |
| FICO Fair Isaac Corp. | New | 1.17% | +1.17 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.89% | +0.89 |
| PGR Progressive Corp. | Add +1174.9% | 0.72% | +0.67 |
| META Meta Platforms Inc. Class A | Add +7.1% | 11.94% | +0.63 |
| ASHR Xtrackers Harvest Csi 300 CH | New | 0.47% | +0.47 |
| AFRM Affirm Holdings Inc. | New | 0.39% | +0.39 |
| GEV GE Vernova Inc. | Add +42.5% | 0.78% | +0.36 |
| IJH iShares Core S&P Midcap ETF | New | 0.29% | +0.29 |
| HTHT H World Group Ltd.-ADR | New | 0.28% | +0.28 |
| NFLX Netflix Inc. | New | 0.26% | +0.26 |
| CSGP Costar Group Inc. | New | 0.21% | +0.21 |
| ABNB Airbnb Inc. Class A | Add +960.6% | 0.21% | +0.19 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.17% | +0.17 |
| U Unity Software Inc. | New | 0.16% | +0.16 |
| ADSK Autodesk Inc. | New | 0.15% | +0.15 |
| TSM Taiwan Semiconductor-SP ADR | Add +60.7% | 0.45% | +0.13 |
| HUBS HubSpot Inc. | New | 0.12% | +0.12 |
| NDAQ Nasdaq Inc. | New | 0.11% | +0.11 |
| BNTX Biontech SE-ADR | New | 0.09% | +0.09 |
| MSCI MSCI Inc. | Add +34.6% | 0.26% | +0.08 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.08% | +0.08 |
| DASH DoorDash Inc. Class A | New | 0.06% | +0.06 |
| BABA Alibaba Group Holding-SP ADR | New | 0.06% | +0.06 |
| LLY Eli Lilly & Co. | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +16.4% | 0.60% | +0.05 |
| LI Li Auto Inc. - ADR | New | 0.02% | +0.02 |
| GLOB Globant SA | New | 0.02% | +0.02 |
| SCCO Southern Copper Corp. | New | 0.02% | +0.02 |
| KWEB Kranesh Csi China Internet | New | 0.02% | +0.02 |
| TYL Tyler Technologies Inc. | New | 0.01% | +0.01 |
| CNI Canadian Natl Railway Co. | Add +18.4% | 0.31% | +0.01 |
| TIGR Up Fintech Holding Ltd. - ADR | New | 0.00% | +0.00 |
| FXI iShares China Large-Cap ETF | New | 0.00% | +0.00 |
| MU Micron Technology Inc. | Add +11.8% | 0.24% | −0.07 |
| HDB HDFC Bank Ltd.-ADR | Add +4.3% | 3.32% | −0.45 |
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 |