Platinum Investment Management Ltd.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Platinum Investment Management Ltd. reported 134 stock positions worth $2.5 billion. Its top holding was Zto Express Cayman Inc.-ADR (ZTO) at 13.1% of the portfolio, followed by Broadcom (AVGO, 6.6%) and Micron Technology (MU, 6.5%). Compared with Q1 2024, it opened 8 new positions, sold out of 14, added to 30 and reduced 66. The biggest buy was Alphabet Class A (GOOGL, shares +688%) and the biggest sale Meta Platforms Class A (META, shares −59%).

Most Recent 13F
Q2 2026
Location
SYDNEY AUSTRALIA 2000, C3
CIK
0001256071
Portfolio Value
$2.5B (Q2 2024)
SEC Filing
0001085146-24-003735 ↗ filed Aug 13, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $2.5B Q1 2024 Q2 2024: $2.5B $2.5B Q2 2024 Q3 2024: $2.2B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.7B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $432.7M Q4 2025 Q1 2026: $396.8M Q1 2026 Q2 2026: $406.7M Q2 2026

Holdings 134 stocks · $2.5B
ZTO Zto Express Cayman Inc.-ADR 13.14% 15,657,006 $324.9M Reduce -10.2%
AVGO Broadcom Inc. 6.62% 101,915 $163.6M Reduce -3.1%
MU Micron Technology Inc. 6.50% 1,220,544 $160.5M Reduce -20.5%
GOOGL Alphabet Inc. Class A 6.28% 852,473 $155.3M Add +687.6%
CCJ Cameco Corp. 5.79% 2,908,862 $143.1M Reduce -5.9%
TRU Transunion 5.64% 1,880,280 $139.4M Reduce -6.8%
ICE Intercontinental Exchange Inc. 5.35% 966,008 $132.2M Reduce -19.0%
TCOM Trip.com Group Ltd.-ADR 5.05% 2,656,589 $124.9M Reduce -15.7%
MCHP Microchip Technology Inc. 4.97% 1,341,580 $122.8M Reduce -12.7%
PDD PDD Holdings Inc. 4.67% 867,447 $115.3M Add +55.5%
SWKS Skyworks Solutions Inc. 3.87% 897,539 $95.7M Add +91579.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 3.34% 1,752,344 $82.7M Reduce -8.8%
GOOG Alphabet Inc. Class C 2.80% 377,872 $69.3M Reduce -12.2%
VAL Valaris Ltd. 2.59% 858,902 $64.0M Reduce -13.0%
LW Lamb Weston Holdings Inc. 2.48% 729,393 $61.3M New
BAX Baxter International Inc. 2.16% 1,592,535 $53.3M Reduce -2.4%
BABA Alibaba Group Holding-SP ADR 1.86% 637,303 $45.9M Reduce -14.5%
STNG Scorpio Tankers Inc. 1.47% 446,568 $36.3M Reduce -0.7%
MBLY Mobileye Global Inc. Class A 1.43% 1,257,143 $35.3M Reduce -14.6%
META Meta Platforms Inc. Class A 1.42% 69,614 $35.1M Reduce -59.0%
PBR Petroleo Brasileiro-Spon ADR 1.35% 2,304,234 $33.4M Reduce -29.2%
NOAH Noah Holdings Ltd.-Spon ADS filed as NOAH HLDGS LTD 0.84% 2,155,022 $20.8M Reduce -2.5%
DDL Dingdong Cayman Ltd. -SPN ADR 0.73% 9,064,805 $18.0M Reduce -2.7%
JD Jd.com Inc.-ADR 0.52% 500,285 $12.9M Reduce -7.8%
AMZN Amazon.com Inc. 0.47% 60,330 $11.7M Add +39.2%
EXAI Exscientia Ltd. 0.40% 1,932,204 $9.9M Reduce -51.0%
HTHT H World Group Ltd.-ADR 0.39% 286,153 $9.5M Reduce -1.0%
FLUT Flutter Entertainment PLC-Di 0.38% 51,000 $9.3M New
V Visa Inc. Class A 0.37% 34,544 $9.1M No change
AAPL Apple Inc. 0.29% 34,133 $7.2M New
ZTS Zoetis Inc. 0.28% 40,000 $6.9M Add +100.0%
ROIV Roivant Sciences Ltd. 0.24% 569,745 $6.0M Reduce -14.8%
BCYC Bicycle Therapeutics PLC-ADR 0.24% 293,445 $5.9M Reduce -11.9%
APGE Apogee Therapeutics Inc. 0.23% 147,472 $5.8M Reduce -12.2%
JNJ Johnson & Johnson 0.21% 35,942 $5.3M Reduce -9.7%
IDYA Ideaya Biosciences Inc. 0.21% 144,717 $5.1M Reduce -11.0%
IMVT Immunovant Inc. 0.21% 192,242 $5.1M Add +0.8%
VERA Vera Therapeutics Inc. 0.20% 136,416 $4.9M Reduce -11.4%
BKNG Booking Holdings Inc. 0.19% 1,185 $4.7M No change
NFLX Netflix Inc. 0.18% 6,648 $4.5M No change
CNTA Centessa Pharmaceuticals Ltd. 0.18% 495,895 $4.5M Add +2.2%
MRUS Merus NV 0.18% 73,722 $4.4M Reduce -25.9%
ADCT Adc Therapeutics SA 0.17% 1,296,153 $4.1M New
ADBE Adobe Inc. 0.16% 7,189 $4.0M Reduce -59.5%
MSFT Microsoft Corp. 0.16% 8,589 $3.8M No change
ACIU Ac Immune SA 0.15% 952,069 $3.8M Reduce -13.1%
CSGP Costar Group Inc. 0.15% 50,000 $3.7M No change
QTRX Quanterix Corp. 0.15% 277,636 $3.7M Add +27.7%
GOSS Gossamer Bio Inc. 0.13% 3,524,908 $3.2M Reduce -24.9%
ZYME Zymeworks Inc. 0.13% 373,002 $3.2M Reduce -10.8%
TRMD Torm PLC-A 0.13% 79,825 $3.1M No change
LBPH Longboard Pharmaceuticals Inc. 0.12% 114,047 $3.1M Reduce -10.2%
ORCL Oracle Corp. 0.12% 21,762 $3.1M No change
AMAT Applied Materials Inc. 0.12% 12,616 $3.0M No change
RXRX Recursion Pharmaceuticals-A 0.12% 395,673 $3.0M Reduce -78.0%
LRCX Lam Research Corp. 0.12% 2,705 $2.9M No change
VEEV Veeva Systems Inc. Class A 0.11% 15,487 $2.8M Add +13.8%
WVE Wave Life Sciences Ltd. 0.11% 537,345 $2.7M Reduce -10.5%
ESPR Esperion Therapeutics Inc. 0.11% 1,196,526 $2.7M Reduce -25.1%
IMTX Immatics NV 0.10% 203,614 $2.4M Reduce -29.5%
RCUS Arcus Biosciences Inc. 0.09% 153,783 $2.3M Reduce -24.8%
ARWR Arrowhead Pharmaceuticals Inc. 0.09% 88,425 $2.3M Reduce -9.0%
GPCR Structure Therapeutics Inc. 0.09% 57,230 $2.2M Reduce -25.8%
MRNA Moderna Inc. 0.09% 18,193 $2.2M Reduce -22.8%
ADI Analog Devices Inc. 0.08% 9,196 $2.1M Add +32.0%
ANAB Anaptysbio Inc. 0.08% 82,401 $2.1M Add +24.6%
NXPI NXP Semiconductors NV 0.07% 6,866 $1.8M No change
SRPT Sarepta Therapeutics Inc. 0.07% 11,301 $1.8M Add +10.0%
QCOM Qualcomm Inc. 0.07% 8,734 $1.7M Add +31.6%
TXN Texas Instruments Inc. 0.07% 8,815 $1.7M New
ABSI Absci Corp. 0.07% 530,682 $1.6M Reduce -31.7%
QTTB Q32 Bio Inc. 0.07% 89,456 $1.6M Reduce -18.6%
LULU Lululemon Athletica Inc. 0.06% 5,000 $1.5M Reduce -28.6%
TECH Bio-Techne Corp. 0.06% 20,449 $1.5M Reduce -10.4%
MASS 908 Devices Inc. 0.06% 274,067 $1.4M Reduce -26.4%
COGT Cogent Biosciences Inc. 0.05% 157,851 $1.3M Reduce -15.3%
AURA Aura Biosciences Inc. 0.05% 162,358 $1.2M Reduce -9.9%
RYAAY Ryanair Holdings PLC-SP ADR 0.05% 10,000 $1.2M No change
AMD Advanced Micro Devices 0.05% 6,911 $1.1M Reduce -16.1%
ALLK Allakos LLC 0.04% 1,060,139 $1.1M Reduce -9.6%
NICE Nice Ltd. - Spon ADR 0.04% 5,533 $952K New
KROS Keros Therapeutics Inc. 0.04% 20,293 $927K Reduce -41.5%
KURA Kura Oncology Inc. 0.03% 41,874 $862K Reduce -10.5%
CYTK Cytokinetics Inc. 0.03% 14,478 $784K Reduce -10.2%
FDMT 4D Molecular Therapeutics Inc. 0.03% 36,572 $768K Reduce -10.3%
TKNO Alpha Teknova Inc. 0.03% 531,414 $728K Reduce -27.0%
OMGAQ Omega Therapeutics Inc. 0.03% 346,352 $717K Reduce -60.9%
CDXS Codexis Inc. 0.03% 200,063 $620K Reduce -12.9%
CDNS Cadence Design SYS Inc. 0.02% 1,938 $596K Add +7.2%
FIVN FIVE9 Inc. 0.02% 10,087 $445K New
BALL Ball Corp. 0.02% 6,505 $390K Reduce -98.8%
MAC COPPER LTD filed as METALS ACQUISITION LIMITED 0.01% 25,902 $355K Reduce -98.6%
SUZ Suzano SA - Spon ADR 0.01% 33,633 $345K Add +14.7%
APD Air Products & Chemicals Inc. 0.01% 1,273 $328K No change
INTC Intel Corp. 0.01% 10,292 $319K Add +56.6%
NVDA Nvidia Corp. 0.01% 2,431 $300K Reduce -26.6%
CCK Crown Holdings Inc. 0.01% 4,003 $298K No change
CNM Core & Main Inc. Class A 0.01% 5,453 $267K Reduce -23.0%
AMBP Ardagh Metal Packaging SA 0.01% 66,982 $228K No change
ATKR Atkore Inc. 0.01% 1,594 $215K No change

Show all 134 holdings

Portfolio Sells Q1 2024 → Q2 2024
META Meta Platforms Inc. Class A Reduce -59.0% 1.42% −1.90
ZTO Zto Express Cayman Inc.-ADR Reduce -10.2% 13.14% −1.57
BALL Ball Corp. Reduce -98.8% 0.02% −1.50
ICE Intercontinental Exchange Inc. Reduce -19.0% 5.35% −1.26
MAC COPPER LTD Reduce -98.6% 0.01% −0.97
SLB SLB Ltd. Reduce -8.8% 3.34% −0.90
TRU Transunion Reduce -6.8% 5.64% −0.85
MU Micron Technology Inc. Reduce -20.5% 6.50% −0.80
BAX Baxter International Inc. Reduce -2.4% 2.16% −0.65
PBR Petroleo Brasileiro-Spon ADR Reduce -29.2% 1.35% −0.64
RXRX Recursion Pharmaceuticals-A Reduce -78.0% 0.12% −0.60
MCHP Microchip Technology Inc. Reduce -12.7% 4.97% −0.59
TCOM Trip.com Group Ltd.-ADR Reduce -15.7% 5.05% −0.52
EXAI Exscientia Ltd. Reduce -51.0% 0.40% −0.51
MBLY Mobileye Global Inc. Class A Reduce -14.6% 1.43% −0.48
VAL Valaris Ltd. Reduce -13.0% 2.59% −0.40
BABA Alibaba Group Holding-SP ADR Reduce -14.5% 1.86% −0.32
APGE Apogee Therapeutics Inc. Reduce -12.2% 0.23% −0.21
INHIBRX INC Sold out 0.00% −0.21
ADBE Adobe Inc. Reduce -59.5% 0.16% −0.20
NOAH Noah Holdings Ltd.-Spon ADS Reduce -2.5% 0.84% −0.18
BNTX Biontech SE-ADR Sold out 0.00% −0.16
ABSI Absci Corp. Reduce -31.7% 0.07% −0.11
OMGAQ Omega Therapeutics Inc. Reduce -60.9% 0.03% −0.10
GOSS Gossamer Bio Inc. Reduce -24.9% 0.13% −0.09
BCYC Bicycle Therapeutics PLC-ADR Reduce -11.9% 0.24% −0.09
IDYA Ideaya Biosciences Inc. Reduce -11.0% 0.21% −0.08
ADSK Autodesk Inc. Sold out 0.00% −0.08
CVAC Curevac NV Sold out 0.00% −0.08
JD Jd.com Inc.-ADR Reduce -7.8% 0.52% −0.08
HCM Hutchmed China-ADR Sold out 0.00% −0.07
VERA Vera Therapeutics Inc. Reduce -11.4% 0.20% −0.07
ESPR Esperion Therapeutics Inc. Reduce -25.1% 0.11% −0.07
HTHT H World Group Ltd.-ADR Reduce -1.0% 0.39% −0.07
RCUS Arcus Biosciences Inc. Reduce -24.8% 0.09% −0.06
MASS 908 Devices Inc. Reduce -26.4% 0.06% −0.06
KROS Keros Therapeutics Inc. Reduce -41.5% 0.04% −0.06
LULU Lululemon Athletica Inc. Reduce -28.6% 0.06% −0.05
ZYME Zymeworks Inc. Reduce -10.8% 0.13% −0.05
TKNO Alpha Teknova Inc. Reduce -27.0% 0.03% −0.05
CRM Salesforce Inc. Sold out 0.00% −0.05
GPCR Structure Therapeutics Inc. Reduce -25.8% 0.09% −0.04
JNJ Johnson & Johnson Reduce -9.7% 0.21% −0.04
PRTA Prothena Corp. PLC Sold out 0.00% −0.04
WVE Wave Life Sciences Ltd. Reduce -10.5% 0.11% −0.04
ROIV Roivant Sciences Ltd. Reduce -14.8% 0.24% −0.04
CNTGF Centogene NV Sold out 0.00% −0.03
IMTX Immatics NV Reduce -29.5% 0.10% −0.03
FDMT 4D Molecular Therapeutics Inc. Reduce -10.3% 0.03% −0.02
SGMT Sagimet Biosciences Inc. Class A Sold out 0.00% −0.02

Portfolio Buys Q1 2024 → Q2 2024
GOOGL Alphabet Inc. Class A Add +687.6% 6.28% +5.62
SWKS Skyworks Solutions Inc. Add +91579.2% 3.87% +3.87
LW Lamb Weston Holdings Inc. New 2.48% +2.48
PDD PDD Holdings Inc. Add +55.5% 4.67% +2.05
FLUT Flutter Entertainment PLC-Di New 0.38% +0.38
AAPL Apple Inc. New 0.29% +0.29
ADCT Adc Therapeutics SA New 0.17% +0.17
AMZN Amazon.com Inc. Add +39.2% 0.47% +0.16
ZTS Zoetis Inc. Add +100.0% 0.28% +0.14
TXN Texas Instruments Inc. New 0.07% +0.07
NICE Nice Ltd. - Spon ADR New 0.04% +0.04
ADI Analog Devices Inc. Add +32.0% 0.08% +0.03
QCOM Qualcomm Inc. Add +31.6% 0.07% +0.03
ANAB Anaptysbio Inc. Add +24.6% 0.08% +0.02
SRPT Sarepta Therapeutics Inc. Add +10.0% 0.07% +0.02
FIVN FIVE9 Inc. New 0.02% +0.02
WHR Whirlpool Corp. New 0.01% +0.01
FLG New York Community Bancorp Add +99.8% 0.00% +0.00
CHTR Charter Communications Inc. Class A Add +21.8% 0.01% +0.00
CDNS Cadence Design SYS Inc. Add +7.2% 0.02% +0.00
INTC Intel Corp. Add +56.6% 0.01% +0.00
SRE Sempra Add +12.1% 0.01% +0.00
CTSH Cognizant Tech Solutions-A Add +30.1% 0.00% +0.00
CRC California Resources Corp. Add +15.3% 0.00% +0.00
LU Lufax Holding Ltd.-ADR Add +113.2% 0.00% +0.00
CSCO Cisco Systems Inc. Add +12.3% 0.00% +0.00
KSS Kohls Corp. Add +31.9% 0.00% +0.00
CI The Cigna Group Add +12.2% 0.00% +0.00
VTLE Vital Energy Inc. Add +25.9% 0.00% +0.00
WBD Warner Bros Discovery Inc. Add +23.7% 0.00% +0.00
NE Noble Corp. PLC Add +11.2% 0.00% +0.00
HBI Hanesbrands Inc. Add +18.2% 0.00% 0.00
JAZZ Jazz Pharmaceuticals PLC Add +13.3% 0.00% 0.00
SUZ Suzano SA - Spon ADR Add +14.7% 0.01% −0.00
VEEV Veeva Systems Inc. Class A Add +13.8% 0.11% −0.01
CNTA Centessa Pharmaceuticals Ltd. Add +2.2% 0.18% −0.04
IMVT Immunovant Inc. Add +0.8% 0.21% −0.04
QTRX Quanterix Corp. Add +27.7% 0.15% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 85$406.7MZTO, MU, LRCX, TCOM, DDL
Q1 2026 89$396.8MZTO, TCOM, DDL, LRCX, BIRK
Q4 2025 124$432.7MZTO, TCOM, DDL, GOOG, AVGO
Q3 2025 120$1.5BICE, GOOGL, ABBV, JNJ, MRK
Q2 2025 115$1.5BGOOGL, UBS, AVGO, RCI, CCJ
Q1 2025 115$1.7BZTO, TRU, UBS, GOOGL, MRK
Q4 2024 115$1.7BZTO, TRU, GOOGL, ICE, AVGO
Q3 2024 122$2.2BZTO, TRU, ICE, PDD, CCJ
Q2 2024 134$2.5BZTO, AVGO, MU, GOOGL, CCJ
Q1 2024 139$2.5BZTO, MU, ICE, TRU, AVGO