Employees Provident Fund Board
SHAH ALAM, N8
$17.4bn in 68 US stocks at the end of 30 June 2026. The top 10 are 49.6% of the money. It changed about 15.8% of the portfolio this quarter.
Value
$17.4bn
Stocks
68
Top 10 share
49.6%
Turnover
15.8%
What changed this quarter
New
Bought for the first time this quarter.
- LindeLIN1.9% of the fund
- StellantisSTLA0.9% of the fund
- Arista NetworksANET0.6% of the fund
- TeradyneTER0.5% of the fund
- QualcommQCOM0.5% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT8.0% of the fund+14%
- AlphabetGOOGL5.5% of the fund+6%
- BroadcomAVGO4.7% of the fund+44%
- Applied MaterialsAMAT3.6% of the fund+3%
- AppleAAPL3.3% of the fund+11%
- CrowdStrike HoldingsCRWD3.2% of the fund+25%
- Quanta ServicesPWR3.1% of the fund+71%
- Amazon.comAMZN3.1% of the fund+6%
- ServiceNowNOW2.4% of the fund+54%
- NextEra EnergyNEE2.1% of the fund+64%
- MastercardMA2.0% of the fund+30%
- Agnico Eagle MinesAEM2.0% of the fund+23%
- SynopsysSNPS1.8% of the fund+45%
- NetflixNFLX1.6% of the fund+433%
- Intuitive SurgicalISRG1.4% of the fund+39%
- NikeNKE1.3% of the fund+94%
- Bristol-Myers SquibbBMY1.2% of the fund+45%
- GE VernovaGEV1.1% of the fund+1321%
- Walt DisneyDIS1.1% of the fund+15%
- Boston ScientificBSX0.8% of the fund+57%
- ResmedRMD0.5% of the fund+9%
- Johnson & JohnsonJNJ0.4% of the fund+46%
- Gilead SciencesGILD0.4% of the fund+41%
- TJX CompaniesTJX0.3% of the fund+30%
- DoverDOV0.3% of the fund+55%
Cut
Sold some of their stake.
- Micron TechnologyMU5.8% of the fund-51%
- Palo Alto NetworksPANW2.9% of the fund-21%
- DatadogDDOG2.1% of the fund-30%
- ARM HoldingsARM1.8% of the fund-36%
- JPMorgan ChaseJPM1.7% of the fund-20%
- Bank of AmericaBAC1.2% of the fund-35%
- MongoDBMDB1.1% of the fund-3%
- MerckMRK0.4% of the fund-72%
- CumminsCMI0.3% of the fund-4%
- Comfort Systems USAFIX0.2% of the fund-3%
- Genuine PartsGPC0.1% of the fund-5%
- EQTEQT<0.1% of the fund-23%
- ZoetisZTS<0.1% of the fund-92%
- General MillsGIS<0.1% of the fund-38%
- Akamai TechnologiesAKAM<0.1% of the fund-70%
- HersheyHSY<0.1% of the fund-50%
Sold out
Sold their entire stake.
- ExxonMobil HoldingsXOM-100%
- SLB LimitedSLB-100%
- Barrick MiningB-100%
- Western DigitalWDC-100%
- CloroxCLX-100%
- AccentureACN-100%
- Verizon CommunicationsVZ-100%
Holdings
- Agnico Eagle MinesAEM
- Share
- 2.0%
- Value
- $354m
- Shares
- 2,279,512
+23%
- ARM HoldingsARM
- Share
- 1.8%
- Value
- $319m
- Shares
- 900,000
-36%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 8.0% | $1.4bn | 3,736,259 | +14% |
| NvidiaNVDA | 7.9% | $1.4bn | 6,848,392 | Held |
| Micron TechnologyMU | 5.8% | $1.0bn | 878,000 | -51% |
| AlphabetGOOGL | 5.5% | $963m | 2,694,538 | +6% |
| BroadcomAVGO | 4.7% | $814m | 2,154,322 | +44% |
| Meta PlatformsMETA | 4.0% | $702m | 1,246,481 | Held |
| Applied MaterialsAMAT | 3.6% | $635m | 878,803 | +3% |
| Eli LillyLLY | 3.6% | $622m | 518,259 | Held |
| AppleAAPL | 3.3% | $568m | 1,961,691 | +11% |
| CrowdStrike HoldingsCRWD | 3.2% | $563m | 737,737 | +25% |
| Quanta ServicesPWR | 3.1% | $534m | 741,046 | +71% |
| Amazon.comAMZN | 3.1% | $533m | 2,236,104 | +6% |
| Palo Alto NetworksPANW | 2.9% | $506m | 1,483,872 | -21% |
| ServiceNowNOW | 2.4% | $414m | 4,172,044 | +54% |
| DatadogDDOG | 2.1% | $365m | 1,400,000 | -30% |
| NextEra EnergyNEE | 2.1% | $360m | 4,100,000 | +64% |
| MastercardMA | 2.0% | $355m | 691,354 | +30% |
| Agnico Eagle MinesAEM | 2.0% | $354m | 2,279,512 | +23% |
| LindeLIN | 1.9% | $339m | 653,450 | New |
| SynopsysSNPS | 1.8% | $321m | 718,757 | +45% |
| ARM HoldingsARM | 1.8% | $319m | 900,000 | -36% |
| JPMorgan ChaseJPM | 1.7% | $295m | 900,000 | -20% |
| NetflixNFLX | 1.6% | $286m | 4,000,000 | +433% |
| Intuitive SurgicalISRG | 1.4% | $235m | 591,613 | +39% |
| Uber TechnologiesUBER | 1.3% | $234m | 3,245,686 | Held |
| NikeNKE | 1.3% | $233m | 5,675,800 | +94% |
| Bank of AmericaBAC | 1.2% | $214m | 3,750,000 | -35% |
| Bristol-Myers SquibbBMY | 1.2% | $210m | 3,640,333 | +45% |
| GE VernovaGEV | 1.1% | $196m | 166,521 | +1321% |
| Walt DisneyDIS | 1.1% | $193m | 2,000,000 | +15% |
| MongoDBMDB | 1.1% | $190m | 565,940 | -3% |
| BiogenBIIB | 0.9% | $152m | 704,196 | Held |
| StellantisSTLA | 0.9% | $148m | 26,068,935 | New |
| DexcomDXCM | 0.8% | $147m | 2,190,029 | Held |
| Boston ScientificBSX | 0.8% | $143m | 3,358,700 | +57% |
| SalesforceCRM | 0.8% | $140m | 894,097 | Held |
| UnitedHealth GroupUNH | 0.7% | $125m | 300,000 | Held |
| Arista NetworksANET | 0.6% | $98m | 577,200 | New |
| ResmedRMD | 0.5% | $91m | 468,004 | +9% |
| TeradyneTER | 0.5% | $87m | 180,242 | New |
| QualcommQCOM | 0.5% | $79m | 428,922 | New |
| MerckMRK | 0.4% | $69m | 535,502 | -72% |
| Johnson & JohnsonJNJ | 0.4% | $68m | 266,023 | +46% |
| Dollar GeneralDG | 0.4% | $67m | 585,851 | Held |
| Gilead SciencesGILD | 0.4% | $62m | 488,657 | +41% |
| TJX CompaniesTJX | 0.3% | $60m | 394,300 | +30% |
| CumminsCMI | 0.3% | $55m | 77,071 | -4% |
| DoverDOV | 0.3% | $49m | 220,400 | +55% |
| First SolarFSLR | 0.2% | $42m | 178,800 | +22% |
| AbbVieABBV | 0.2% | $41m | 163,093 | +12% |
| Trane TechnologiesTT | 0.2% | $40m | 80,565 | +20% |
| StrykerSYK | 0.2% | $36m | 113,560 | Held |
| AmgenAMGN | 0.2% | $33m | 90,000 | +67% |
| PNC Financial Services GroupPNC | 0.2% | $30m | 120,500 | +31% |
| Colgate-PalmoliveCL | 0.2% | $29m | 320,300 | +28% |
| Comfort Systems USAFIX | 0.2% | $29m | 14,560 | -3% |
| Carlisle CompaniesCSL | 0.2% | $29m | 79,216 | Held |
| Cigna GroupCI | 0.1% | $25m | 91,500 | +20% |
| Genuine PartsGPC | 0.1% | $25m | 208,700 | -5% |
| CencoraCOR | 0.1% | $24m | 84,162 | +30% |
| VisaV | 0.1% | $22m | 62,845 | +16% |
| EquifaxEFX | <0.1% | $17m | 105,000 | +13% |
| EQTEQT | <0.1% | $11m | 205,000 | -23% |
| ZoetisZTS | <0.1% | $9m | 126,293 | -92% |
| Constellation EnergyCEG | <0.1% | $6m | 23,928 | Held |
| General MillsGIS | <0.1% | $4m | 101,000 | -38% |
| Akamai TechnologiesAKAM | <0.1% | $3m | 27,000 | -70% |
| HersheyHSY | <0.1% | $2m | 13,500 | -50% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 50.6% since 30 June 2025.
Where the money is
Technology51.2%
Media & telecom12.3%
Health care12.0%
Industrials6.8%
Retail & consumer5.7%
Financial services5.2%
Materials4.0%
Utilities2.1%
Everyday goods0.6%
Energy0.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.