Khazanah National Berhad, the sovereign wealth fund of Malaysia, has filed its Form 13F-HR with the U.S. Securities and Exchange Commission, disclosing its equity holdings as of March 31, 2026. The filing, signed by Chief Investment Officer Mohamad Hishammudin bin Hamdan, lists a total of 142 separate positions held by the fund.
The portfolio is heavily weighted toward technology and large-cap U.S. equities. The largest position is in Apple Inc., with 7,789,830 shares. Other major holdings include Microsoft (5,467,411 shares), NVIDIA (8,882,192 shares), Amazon (4,146,656 shares), and Alphabet Class A (4,197,513 shares). The fund also holds significant stakes in Berkshire Hathaway Class B (1,367,158 shares) and Visa Class A (1,057,538 shares).
In addition to individual stocks, Khazanah holds a substantial number of exchange-traded funds (ETFs). The largest ETF holding is the iShares Inc MSCI Singapore ETF, with 19,694,044 shares. Other notable ETF positions include the iShares Inc MSCI Thailand ETF (27,844,9 shares), the iShares Inc MSCI Indonesia ETF (1,103,540 shares), and the iShares Inc MSCI Philippines ETF (231,217 shares). The fund also holds the iShares Inc MSCI Europe ETF (2,729,606 shares) and the iShares Inc MSCI India ETF (295,000 shares).
The filing details a diverse range of other holdings, spanning sectors such as healthcare, finance, and consumer goods. Key positions include Eli Lilly & Co. (1,854,256 shares), Johnson & Johnson (1,203,134 shares), JPMorgan Chase & Co. (1,662,004 shares), and Procter & Gamble Co. (720,756 shares). The portfolio also includes significant stakes in Prologis (260,923 shares), UnitedHealth Group (543,615 shares), and Walmart (1,116,159 shares).
