Keystone Investors Pte Ltd.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Keystone Investors Pte Ltd. reported 68 stock positions worth $865.1 million. Its top holding was Sea Ltd.-ADR (SE) at 12.0% of the portfolio, followed by Alphabet Class C (GOOG, 10.4%) and Nvidia (NVDA, 7.6%). Compared with Q2 2025, it opened 40 new positions, sold out of 20, added to 21 and reduced 7. The biggest buy was Alphabet Class C (GOOG, shares +666%) and the biggest sale Tencent Music Entertainm-ADR (TME, shares −36%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001926253
- Portfolio Value
- $865.1M (Q3 2025)
- SEC Filing
- 0001926253-25-000005 ↗ filed Nov 12, 2025
Holdings Value
Holdings 68 stocks · $865.1M
| SE Sea Ltd.-ADR | 12.01% | 581,531 | $103.9M | Add +48.9% |
| GOOG Alphabet Inc. Class C | 10.42% | 370,116 | $90.1M | Add +665.6% |
| NVDA Nvidia Corp. | 7.58% | 351,488 | $65.6M | Add +23.3% |
| TME Tencent Music Entertainm-ADR | 6.05% | 2,243,614 | $52.4M | Reduce -36.4% |
| TSLA Tesla Inc. | 4.58% | 89,136 | $39.6M | New |
| BABA Alibaba Group Holding-SP ADR | 4.10% | 198,435 | $35.5M | New |
| WDC Western Digital Corp. | 3.98% | 286,888 | $34.4M | Reduce -13.7% |
| MSFT Microsoft Corp. | 3.78% | 63,058 | $32.7M | Reduce -13.2% |
| AVGO Broadcom Inc. | 3.33% | 87,393 | $28.8M | Add +266.9% |
| META Meta Platforms Inc. Class A | 3.29% | 38,775 | $28.5M | Add +3.6% |
| IQV Iqvia Holdings Inc. | 3.21% | 146,228 | $27.8M | Add +55.1% |
| LITE Lumentum Holdings Inc. | 2.94% | 156,277 | $25.4M | Add +192.6% |
| ATI Ati Inc. | 2.46% | 261,280 | $21.3M | Add +123.6% |
| MIR Mirion Technologies Inc. | 2.37% | 881,593 | $20.5M | New |
| YMM Full Truck Alliance -SPN ADR | 2.34% | 1,559,186 | $20.2M | New |
| COHR Coherent Corp. | 2.29% | 183,605 | $19.8M | New |
| VRT Vertiv Holdings Co. Class A | 2.18% | 125,088 | $18.9M | Add +536.1% |
| CCJ Cameco Corp. | 1.45% | 149,634 | $12.5M | New |
| SNPS Synopsys Inc. | 1.39% | 24,355 | $12.0M | Add +289.1% |
| STX Seagate Technology Holdings | 1.37% | 50,321 | $11.9M | Add +55.7% |
| TEAM Atlassian Corp. Class A | 1.05% | 57,064 | $9.1M | New |
| CRS Carpenter Technology | 0.98% | 34,446 | $8.5M | New |
| ORCL Oracle Corp. | 0.98% | 30,048 | $8.5M | Add +107.9% |
| WRD Weride Inc.-ADR | 0.96% | 842,389 | $8.3M | Add +3516.8% |
| BTDR Bitdeer Technologies Group-A | 0.91% | 458,958 | $7.8M | New |
| RIOT Riot Platforms Inc. | 0.77% | 348,000 | $6.6M | New |
| ULTA Ulta Beauty Inc. | 0.76% | 12,080 | $6.6M | New |
| SFM Sprouts Farmers Market Inc. | 0.73% | 57,730 | $6.3M | Add +217.7% |
| SAP Sap SE-Sponsored ADR | 0.72% | 23,449 | $6.3M | Reduce -68.7% |
| TPR Tapestry Inc. | 0.70% | 53,319 | $6.0M | Add +93.0% |
| ICLR Icon PLC | 0.68% | 33,526 | $5.9M | New |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.61% | 125,024 | $5.3M | New |
| SNOW Snowflake Inc. | 0.59% | 22,635 | $5.1M | Add +49.9% |
| PONY Pony AI Inc. | 0.58% | 221,408 | $5.0M | New |
| ZEPP Zepp Health Corp.-ADR | 0.56% | 105,100 | $4.8M | New |
| BE Bloom Energy Corp. Class A | 0.55% | 56,603 | $4.8M | New |
| WMB Williams Cos Inc. | 0.55% | 75,439 | $4.8M | Add +1737.3% |
| PANW Palo Alto Networks Inc. | 0.53% | 22,649 | $4.6M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.52% | 280,100 | $4.5M | Add +42.8% |
| MNSO Miniso Group Holding Ltd.-ADR | 0.50% | 192,100 | $4.3M | Add +32.2% |
| UNH Unitedhealth Group Inc. | 0.50% | 12,450 | $4.3M | New |
| BROS Dutch Bros Inc. Class A | 0.46% | 76,276 | $4.0M | New |
| LLY Eli Lilly & Co. | 0.46% | 5,200 | $4.0M | New |
| EBAY eBay Inc. | 0.41% | 38,666 | $3.5M | New |
| ROP Roper Technologies Inc. | 0.40% | 7,000 | $3.5M | New |
| ISRG Intuitive Surgical Inc. | 0.35% | 6,700 | $3.0M | New |
| LMT Lockheed Martin Corp. | 0.29% | 5,100 | $2.5M | New |
| AVAV Aerovironment Inc. | 0.27% | 7,480 | $2.4M | New |
| GOOGL Alphabet Inc. Class A | 0.18% | 6,467 | $1.6M | New |
| RTX RTX Corp. | 0.15% | 7,657 | $1.3M | New |
| YSG Yatsen Holding Ltd.-ADR | 0.14% | 138,166 | $1.3M | Add +31.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.10% | 3,001 | $838K | New |
| NOW ServiceNow Inc. | 0.09% | 886 | $815K | New |
| RBLX Roblox Corp. Class A | 0.09% | 5,555 | $769K | New |
| MDB Mongodb Inc. | 0.09% | 2,399 | $745K | New |
| SPOT Spotify Technology SA | 0.09% | 1,056 | $737K | Add +150.2% |
| AS Amer Sports Inc. | 0.08% | 20,456 | $711K | Reduce -95.3% |
| CGNX Cognex Corp. | 0.07% | 14,222 | $644K | New |
| HD Home Depot Inc. | 0.07% | 1,515 | $614K | New |
| ZS Zscaler Inc. | 0.05% | 1,486 | $445K | Reduce -79.7% |
| NFLX Netflix Inc. | 0.05% | 367 | $440K | New |
| GM General Motors Co. | 0.05% | 7,040 | $429K | New |
| U Unity Software Inc. | 0.05% | 10,212 | $409K | New |
| GAP The Gap Inc. | 0.04% | 16,600 | $355K | New |
| ORLY O'reilly Automotive Inc. | 0.04% | 2,935 | $316K | New |
| URI United Rentals Inc. | 0.03% | 253 | $242K | Reduce -83.8% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.03% | 4,920 | $231K | New |
| FLS Flowserve Corp. | 0.02% | 3,800 | $202K | New |
Portfolio Sells Q2 2025 → Q3 2025
| TME Tencent Music Entertainm-ADR | Reduce -36.4% | 6.05% | −8.13 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −5.32 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −4.41 |
| SAP Sap SE-Sponsored ADR | Reduce -68.7% | 0.72% | −3.98 |
| MSFT Microsoft Corp. | Reduce -13.2% | 3.78% | −3.68 |
| AS Amer Sports Inc. | Reduce -95.3% | 0.08% | −3.38 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −2.02 |
| HTHT H World Group Ltd.-ADR | Sold out | 0.00% | −1.43 |
| FWONK Liberty Media Corp. Class C | Sold out | 0.00% | −1.09 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −0.89 |
| LYV Live Nation Entertainment Inc. | Sold out | 0.00% | −0.81 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.70 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.69 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.68 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.68 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.58 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.49 |
| GRAB Grab Holdings Ltd. Class A | Sold out | 0.00% | −0.48 |
| ZS Zscaler Inc. | Reduce -79.7% | 0.05% | −0.42 |
| WDC Western Digital Corp. | Reduce -13.7% | 3.98% | −0.41 |
| ZLAB Zai Lab Ltd.-ADR | Sold out | 0.00% | −0.40 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.39 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.31 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.31 |
| URI United Rentals Inc. | Reduce -83.8% | 0.03% | −0.21 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.06 |
| FLNC Fluence Energy Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +665.6% | 10.42% | +8.65 |
| TSLA Tesla Inc. | New | 4.58% | +4.58 |
| BABA Alibaba Group Holding-SP ADR | New | 4.10% | +4.10 |
| MIR Mirion Technologies Inc. | New | 2.37% | +2.37 |
| YMM Full Truck Alliance -SPN ADR | New | 2.34% | +2.34 |
| COHR Coherent Corp. | New | 2.29% | +2.29 |
| AVGO Broadcom Inc. | Add +266.9% | 3.33% | +1.98 |
| LITE Lumentum Holdings Inc. | Add +192.6% | 2.94% | +1.89 |
| VRT Vertiv Holdings Co. Class A | Add +536.1% | 2.18% | +1.66 |
| CCJ Cameco Corp. | New | 1.45% | +1.45 |
| TEAM Atlassian Corp. Class A | New | 1.05% | +1.05 |
| CRS Carpenter Technology | New | 0.98% | +0.98 |
| WRD Weride Inc.-ADR | Add +3516.8% | 0.96% | +0.93 |
| BTDR Bitdeer Technologies Group-A | New | 0.91% | +0.91 |
| RIOT Riot Platforms Inc. | New | 0.77% | +0.77 |
| ULTA Ulta Beauty Inc. | New | 0.76% | +0.76 |
| SNPS Synopsys Inc. | Add +289.1% | 1.39% | +0.73 |
| ICLR Icon PLC | New | 0.68% | +0.68 |
| ONON On Holding AG Class A | New | 0.61% | +0.61 |
| PONY Pony AI Inc. | New | 0.58% | +0.58 |
| ZEPP Zepp Health Corp.-ADR | New | 0.56% | +0.56 |
| BE Bloom Energy Corp. Class A | New | 0.55% | +0.55 |
| PANW Palo Alto Networks Inc. | New | 0.53% | +0.53 |
| WMB Williams Cos Inc. | Add +1737.3% | 0.55% | +0.50 |
| UNH Unitedhealth Group Inc. | New | 0.50% | +0.50 |
| BROS Dutch Bros Inc. Class A | New | 0.46% | +0.46 |
| LLY Eli Lilly & Co. | New | 0.46% | +0.46 |
| STX Seagate Technology Holdings | Add +55.7% | 1.37% | +0.41 |
| EBAY eBay Inc. | New | 0.41% | +0.41 |
| ROP Roper Technologies Inc. | New | 0.40% | +0.40 |
| ATI Ati Inc. | Add +123.6% | 2.46% | +0.37 |
| ISRG Intuitive Surgical Inc. | New | 0.35% | +0.35 |
| ORCL Oracle Corp. | Add +107.9% | 0.98% | +0.32 |
| LMT Lockheed Martin Corp. | New | 0.29% | +0.29 |
| AVAV Aerovironment Inc. | New | 0.27% | +0.27 |
| TPR Tapestry Inc. | Add +93.0% | 0.70% | +0.20 |
| GOOGL Alphabet Inc. Class A | New | 0.18% | +0.18 |
| RTX RTX Corp. | New | 0.15% | +0.15 |
| IQV Iqvia Holdings Inc. | Add +55.1% | 3.21% | +0.14 |
| SFM Sprouts Farmers Market Inc. | Add +217.7% | 0.73% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.10% | +0.10 |
| NOW ServiceNow Inc. | New | 0.09% | +0.09 |
| RBLX Roblox Corp. Class A | New | 0.09% | +0.09 |
| MDB Mongodb Inc. | New | 0.09% | +0.09 |
| CGNX Cognex Corp. | New | 0.07% | +0.07 |
| HD Home Depot Inc. | New | 0.07% | +0.07 |
| NFLX Netflix Inc. | New | 0.05% | +0.05 |
| GM General Motors Co. | New | 0.05% | +0.05 |
| U Unity Software Inc. | New | 0.05% | +0.05 |
| GAP The Gap Inc. | New | 0.04% | +0.04 |
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 |