Keystone Investors Pte Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Keystone Investors Pte Ltd. reported 51 stock positions worth $711.7 million. Its top holding was Meta Platforms Class A (META) at 15.5% of the portfolio, followed by Sea Ltd.-ADR (SE, 15.1%) and Micron Technology (MU, 13.5%). Compared with Q4 2024, it opened 25 new positions, sold out of 51, added to 8 and reduced 18. The biggest buy was a new position in Micron Technology (MU) and the biggest sale an exit from Nvidia (NVDA).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001926253
- Portfolio Value
- $711.7M (Q1 2025)
- SEC Filing
- 0002024908-25-000016 ↗ filed May 12, 2025
Holdings Value
Holdings 51 stocks · $711.7M
| META Meta Platforms Inc. Class A | 15.45% | 190,789 | $110.0M | Reduce -8.4% |
| SE Sea Ltd.-ADR | 15.10% | 823,565 | $107.5M | Reduce -11.7% |
| MU Micron Technology Inc. | 13.52% | 1,107,756 | $96.3M | New |
| HTHT H World Group Ltd.-ADR | 9.89% | 1,901,589 | $70.4M | Add +1280.0% |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 7.42% | 1,175,990 | $52.8M | New |
| PINS Pinterest Inc. Class A | 5.57% | 1,278,961 | $39.6M | New |
| MSFT Microsoft Corp. | 5.39% | 102,097 | $38.3M | Reduce -47.0% |
| YMM Full Truck Alliance -SPN ADR | 5.38% | 3,000,123 | $38.3M | Add +406.8% |
| SNDK Sandisk Corp. | 5.13% | 766,770 | $36.5M | New |
| AMZN Amazon.com Inc. | 3.93% | 146,991 | $28.0M | Reduce -69.5% |
| HOOD Robinhood Markets Inc. Class A | 3.27% | 559,041 | $23.3M | Add +6364.4% |
| LLY Eli Lilly & Co. | 3.07% | 26,456 | $21.9M | Add +89.9% |
| TPR Tapestry Inc. | 0.64% | 64,544 | $4.5M | Reduce -84.1% |
| AS Amer Sports Inc. | 0.51% | 135,096 | $3.6M | New |
| INTU Intuit Inc. | 0.42% | 4,812 | $3.0M | New |
| SKX Skechers USA Inc. Class A | 0.32% | 40,328 | $2.3M | Reduce -0.4% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.30% | 18,864 | $2.2M | New |
| ORLY O'reilly Automotive Inc. | 0.30% | 1,492 | $2.1M | New |
| FWONK Liberty Media Corp. Class C | 0.25% | 20,078 | $1.8M | Reduce -63.6% |
| LRCX Lam Research Corp. | 0.25% | 24,718 | $1.8M | New |
| BN Brookfield Corp. | 0.25% | 34,265 | $1.8M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.25% | 28,176 | $1.8M | Reduce -97.3% |
| BABA Alibaba Group Holding-SP ADR | 0.25% | 13,383 | $1.8M | New |
| SNPS Synopsys Inc. | 0.24% | 4,037 | $1.7M | Reduce -34.6% |
| TME Tencent Music Entertainm-ADR | 0.23% | 114,685 | $1.7M | New |
| COST Costco Wholesale Corp. | 0.21% | 1,615 | $1.5M | New |
| WMB Williams Cos Inc. | 0.21% | 25,131 | $1.5M | New |
| CRM Salesforce Inc. | 0.19% | 4,929 | $1.3M | Reduce -96.3% |
| DASH DoorDash Inc. Class A | 0.15% | 6,020 | $1.1M | New |
| NFLX Netflix Inc. | 0.15% | 1,177 | $1.1M | Reduce -58.5% |
| U Unity Software Inc. | 0.15% | 53,310 | $1.0M | Reduce -35.8% |
| SAP Sap SE-Sponsored ADR | 0.14% | 3,684 | $989K | Add +14.3% |
| CP Canadian Pacific Kansas City | 0.14% | 13,756 | $966K | New |
| MMYT Makemytrip Ltd. | 0.13% | 9,526 | $933K | Reduce -98.9% |
| WAY Waystar Holding Corp. | 0.12% | 22,798 | $852K | New |
| FLUT Flutter Entertainment PLC-Di | 0.11% | 3,586 | $794K | New |
| LIN Linde PLC | 0.11% | 1,628 | $758K | Add +208.9% |
| TEVA Teva Pharmaceutical-SP ADR | 0.10% | 45,432 | $698K | New |
| CYBR Cyberark Software Ltd./Israel | 0.10% | 2,035 | $688K | New |
| SPOT Spotify Technology SA | 0.08% | 1,025 | $564K | New |
| TMUS T-Mobile US Inc. | 0.08% | 2,097 | $559K | Add +78.6% |
| RELX Relx PLC - Spon ADR | 0.07% | 10,284 | $518K | Add +83.1% |
| GRAB Grab Holdings Ltd. Class A | 0.06% | 96,551 | $437K | New |
| MDB Mongodb Inc. | 0.06% | 2,451 | $430K | New |
| MSCI MSCI Inc. | 0.06% | 741 | $419K | Reduce -61.2% |
| ROK Rockwell Automation Inc. | 0.06% | 1,567 | $405K | New |
| PDD PDD Holdings Inc. | 0.05% | 2,900 | $343K | Reduce -92.3% |
| GM General Motors Co. | 0.05% | 6,983 | $328K | Reduce -88.2% |
| LYV Live Nation Entertainment Inc. | 0.04% | 2,101 | $274K | Reduce -92.8% |
| GEV GE Vernova Inc. | 0.03% | 747 | $228K | Reduce -93.5% |
| PONY Pony AI Inc. | 0.02% | 13,593 | $120K | New |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Sold out | 0.00% | −11.13 |
| MMYT Makemytrip Ltd. | Reduce -98.9% | 0.13% | −6.62 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −4.93 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -97.3% | 0.25% | −4.84 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −4.72 |
| AMZN Amazon.com Inc. | Reduce -69.5% | 3.93% | −3.44 |
| CIEN Ciena Corp. | Sold out | 0.00% | −3.17 |
| CRM Salesforce Inc. | Reduce -96.3% | 0.19% | −2.88 |
| TER Teradyne Inc. | Sold out | 0.00% | −2.88 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −2.69 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −2.52 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −2.49 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −2.26 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −1.80 |
| WMT Walmart Inc. | Sold out | 0.00% | −1.79 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −1.71 |
| TPR Tapestry Inc. | Reduce -84.1% | 0.64% | −1.22 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.91 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.89 |
| TPG TPG Inc. | Sold out | 0.00% | −0.89 |
| STEP Stepstone Group Inc. Class A | Sold out | 0.00% | −0.87 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.58 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.51 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −0.29 |
| MSFT Microsoft Corp. | Reduce -47.0% | 5.39% | −0.28 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.27 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.27 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.25 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −0.25 |
| GEV GE Vernova Inc. | Reduce -93.5% | 0.03% | −0.23 |
| CNI Canadian Natl Railway Co. | Sold out | 0.00% | −0.23 |
| LYV Live Nation Entertainment Inc. | Reduce -92.8% | 0.04% | −0.22 |
| PDD PDD Holdings Inc. | Reduce -92.3% | 0.05% | −0.21 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.20 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.20 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.19 |
| GM General Motors Co. | Reduce -88.2% | 0.05% | −0.17 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.16 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.16 |
| TYL Tyler Technologies Inc. | Sold out | 0.00% | −0.16 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.15 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.15 |
| HLT Hilton Worldwide Holdings Inc. | Sold out | 0.00% | −0.15 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.14 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.14 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.14 |
| VST Vistra Corp. | Sold out | 0.00% | −0.12 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.11 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.11 |
| FWONK Liberty Media Corp. Class C | Reduce -63.6% | 0.25% | −0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| MU Micron Technology Inc. | New | 13.52% | +13.52 |
| HTHT H World Group Ltd.-ADR | Add +1280.0% | 9.89% | +9.57 |
| QFIN Qfin Holdings Inc.-ADR | New | 7.42% | +7.42 |
| PINS Pinterest Inc. Class A | New | 5.57% | +5.57 |
| SNDK Sandisk Corp. | New | 5.13% | +5.13 |
| YMM Full Truck Alliance -SPN ADR | Add +406.8% | 5.38% | +4.94 |
| HOOD Robinhood Markets Inc. Class A | Add +6364.4% | 3.27% | +3.25 |
| LLY Eli Lilly & Co. | Add +89.9% | 3.07% | +2.32 |
| AS Amer Sports Inc. | New | 0.51% | +0.51 |
| INTU Intuit Inc. | New | 0.42% | +0.42 |
| BJ Bj's Wholesale Club Holdings | New | 0.30% | +0.30 |
| ORLY O'reilly Automotive Inc. | New | 0.30% | +0.30 |
| LRCX Lam Research Corp. | New | 0.25% | +0.25 |
| BN Brookfield Corp. | New | 0.25% | +0.25 |
| BABA Alibaba Group Holding-SP ADR | New | 0.25% | +0.25 |
| TME Tencent Music Entertainm-ADR | New | 0.23% | +0.23 |
| COST Costco Wholesale Corp. | New | 0.21% | +0.21 |
| WMB Williams Cos Inc. | New | 0.21% | +0.21 |
| DASH DoorDash Inc. Class A | New | 0.15% | +0.15 |
| CP Canadian Pacific Kansas City | New | 0.14% | +0.14 |
| WAY Waystar Holding Corp. | New | 0.12% | +0.12 |
| FLUT Flutter Entertainment PLC-Di | New | 0.11% | +0.11 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.10% | +0.10 |
| CYBR Cyberark Software Ltd./Israel | New | 0.10% | +0.10 |
| LIN Linde PLC | Add +208.9% | 0.11% | +0.09 |
| SAP Sap SE-Sponsored ADR | Add +14.3% | 0.14% | +0.08 |
| SPOT Spotify Technology SA | New | 0.08% | +0.08 |
| GRAB Grab Holdings Ltd. Class A | New | 0.06% | +0.06 |
| TMUS T-Mobile US Inc. | Add +78.6% | 0.08% | +0.06 |
| MDB Mongodb Inc. | New | 0.06% | +0.06 |
| ROK Rockwell Automation Inc. | New | 0.06% | +0.06 |
| RELX Relx PLC - Spon ADR | Add +83.1% | 0.07% | +0.06 |
| PONY Pony AI Inc. | 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 |