Khazanah Nasional Berhad has filed a Form 13F-HR with the U.S. Securities and Exchange Commission, disclosing its equity securities portfolio as of September 30, 2024. The filing, signed by Chief Investment Officer N. Mohamad Hishammudin bin Hamdan, lists 19 total holdings across various sectors.
The portfolio is dominated by large-cap exchange-traded funds (ETFs). The largest holding is the SPDR S&P 500 ETF Trust, which comprises 4,425,476 shares. This is followed by the iShares Core MSCI Europe ETF with 2,343,413 shares and the Vanguard S&P 500 ETF Shares with 739,372 shares.
Khazanah holds significant positions in several Chinese technology companies. Alibaba Group Holding Ltd. is the largest individual stock holding, with 77,000 shares. Bilibili Inc. is the next largest, with 50,000 shares. Other notable Chinese equities listed include JD.com Inc., Ke Holdings Inc., Li Auto Inc., NetEase Inc., NIO Inc., PDD Holdings Inc., and ZTO Express Cayman Inc.
The filing also includes a position in Rapid Micro Biosystems Inc. Class A Common Stock, held as a derivative (Definitive) with 648,905 shares. Additionally, the portfolio includes stakes in Southeast Asian companies SEA Ltd and Trip.com Group Ltd.
