KEYSTONE INVESTORS PTE LTD 13F: Quarter-over-Quarter Portfolio Changes
KEYSTONE INVESTORS PTE LTD reported a disclosed portfolio value of approximately $1.1 billion in its latest SEC Form 13F-HR filing for Q4 2025, up 28.7% quarter on quarter. Over the quarter, the fund initiated 39 new positions, bought more shares in 24 holdings, trimmed 13 holdings, and exited 30 positions.
KEYSTONE INVESTORS PTE LTD's top buy was a new stake in Amazon.com (AMZN) , equal to 6.7% of the disclosed portfolio. Its top sell was Tencent Music Entmt Group (TME) . The fund exited the position completely after it had accounted for 6.1% of the previous portfolio.
New PositionsQ4 2025
Securities disclosed for the first time in Q4 2025 that were not present in the prior 13F-HR filing.
Top BuysQ4 2025
Showing the top 10 buys among 24 existing positions where the fund bought more shares in Q4 2025. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| UNITED RENTALS | URI | +1.2% | +6354.2% | Holders → |
| FLOWSERVE CORP | FLS | +1.4% | +6114.9% | Holders → |
| ROBLOX CORP | RBLX | +0.1% | +341.0% | Holders → |
| IREN LIMITED | IREN | +0.0% | +225.6% | Holders → |
| PONY AI INC | PONY | +0.3% | +202.0% | Holders → |
| ULTA BEAUTY INC | ULTA | +1.2% | +196.9% | Holders → |
| TAIWAN SEMIC-ADR | TSM | +0.1% | +121.3% | Holders → |
| SNOWFLAKE INC | SNOW | +0.2% | +85.0% | Holders → |
| ELI LILLY & CO | LLY | +0.5% | +83.8% | Holders → |
| GENERAL MTRS CO | GM | +0.0% | +76.5% | Holders → |
Top SellsQ4 2025
Showing the top 10 sells among 13 existing positions where the fund sold shares in Q4 2025. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| DUTCH BROS INC | BROS | -0.4% | 95.3% | Holders → |
| ATLASSIAN CORPORATION | TEAM | -1.0% | 88.6% | Holders → |
| ATI INC | ATI | -2.1% | 87.2% | Holders → |
| AEROVIRONMENT INC | AVAV | -0.2% | 85.3% | Holders → |
| RIOT PLATFORMS INC | RIOT | -0.7% | 82.2% | Holders → |
| EBAY INC. | EBAY | -0.3% | 77.8% | Holders → |
| ORACLE CORP | ORCL | -0.9% | 77.0% | Holders → |
| CARPENTER TECHNOLOGY CORP | CRS | -0.7% | 73.9% | Holders → |
| MIRION TECHNOLOGIES INC | MIR | -1.7% | 64.8% | Holders → |
| MONGODB INC | MDB | -0.0% | 56.4% | Holders → |
Full ExitsQ4 2025
Positions present in the prior 13F-HR filing that no longer appear in Q4 2025.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| TENCENT MUSIC ENTMT GROUP | TME | 6.1% |
| ALIBABA GRP-ADR | BABA | 4.1% |
| BROADCOM | AVGO | 3.3% |
| META PLATFORMS INC | META | 3.3% |
| FULL TRUCK A-ADR | YMM | 2.3% |
| VERTIV HOLDINGS CO | VRT | 2.2% |
| SYNOPSYS INC | SNPS | 1.4% |
| BITDEER TECHNOLOGIES GROUP | BTDR | 0.9% |
| SPROUTS FMRS MKT INC | SFM | 0.7% |
| SAP SE SPON ADR | SAP | 0.7% |
| ON HLDG AG | ONON | 0.6% |
| ZEPP HEALTH CORP-ADR | ZEPP | 0.6% |
| BLOOM ENERGY | BE | 0.6% |
| MINISO GROUP HLDG LTD | MNSO | 0.5% |
| UNITEDHEALTH GROUP | UNH | 0.5% |
| ROPER TECHNOLOGIES INC | ROP | 0.4% |
| INTUITIVE SURGICAL INC | ISRG | 0.3% |
| LOCKHEED MARTIN CORP | LMT | 0.3% |
| ALPHABET CL A | GOOGL | 0.2% |
| RTX | RTX | 0.1% |
| YATSEN HLDG LTD | YSG | 0.1% |
| SERVICENOW | NOW | 0.1% |
| SPOTIFY TECHNOLOGY S A | SPOT | 0.1% |
| AMER SPORTS INC | AS | 0.1% |
| COGNEX CORP | CGNX | 0.1% |
| HOME DEPOT | HD | 0.1% |
| ZSCALER INC | ZS | 0.1% |
| NETFLIX INC. | NFLX | 0.1% |
| UNITY SOFTWARE INC | U | 0.0% |
| O'REILLY AUTOMOTIVE | ORLY | 0.0% |
Net Portfolio Value ChangeQ4 2025
- $0.9BPrior quarter
- $1.1BCurrent quarter
- +$0.2BNet delta
- +28.7%% change
Methodology & FAQ
How KEYSTONE INVESTORS PTE LTD Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for KEYSTONE INVESTORS PTE LTD: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did KEYSTONE INVESTORS PTE LTD buy in Q4 2025?
In Q4 2025, KEYSTONE INVESTORS PTE LTD initiated 39 new positions (AMAZON.COM (AMZN), VANECK ETF TRUST (GDX), ARGAN INC (AGX), GILEAD SCIENCES INC (GILD), BAIDU INC-SP ADR (BIDU), MICRON TECHNOLOGY INC (MU), CREDO TECHNOLOGY GROUP HOLDI (CRDO), SPDR SERIES TRUST (XBI), H WORLD GROUP LTD (HTHT), REDDIT INC (RDDT), MCDONALDS CORP (MCD), QUANTA SVCS INC (PWR), COGNIZANT TECHNOLOGY SOLUTIO (CTSH), SANDISK CORP (SNDK), MAKEMYTRIP LIMITED MAURITIUS (MMYT), AMPHENOL (APH), ROSS STORES INC (ROST), S&P GLOBAL INC (SPGI), HYATT HOTELS CORP (H), ARROWHEAD PHARMACEUTICALS INC (ARWR), ALNYLAM PHARMACEUTICALS, INC. (ALNY), BWX TECHNOLOGIES (BWXT), PROTAGONIST THERAPEUTICS INC (PTGX), COMFORT SYS USA INC (FIX), DOORDASH INC (DASH), SIGMA LITHIUM CORPORATION (SGML), LIBERTY MEDIA CORP DEL (FWONK), SOLARIS ENERGY INFRASTRUCTURE (SEI), SOLSTICE ADVANCED MATLS INC (SOLS), LOWES COS INC (LOW), IES HOLDINGS INC (IESC), NETEASE COM INC (NTES), GRAB HOLDINGS LIMITED (GRAB), ACCENTURE (ACN), CARVANA CO (CVNA), CLOUDFLARE INC (NET), CENTRUS ENERGY CORP (LEU), OKLO INC (OKLO), SHARKNINJA INC (SN)); bought more shares of UNITED RENTALS (URI), FLOWSERVE CORP (FLS), ROBLOX CORP (RBLX), IREN LIMITED (IREN), PONY AI INC (PONY) — the largest 5 of 24 adds.
What stocks did KEYSTONE INVESTORS PTE LTD sell in Q4 2025?
In Q4 2025, KEYSTONE INVESTORS PTE LTD fully sold 30 positions (TENCENT MUSIC ENTMT GROUP (TME), ALIBABA GRP-ADR (BABA), BROADCOM (AVGO), META PLATFORMS INC (META), FULL TRUCK A-ADR (YMM), VERTIV HOLDINGS CO (VRT), SYNOPSYS INC (SNPS), BITDEER TECHNOLOGIES GROUP (BTDR), SPROUTS FMRS MKT INC (SFM), SAP SE SPON ADR (SAP), ON HLDG AG (ONON), ZEPP HEALTH CORP-ADR (ZEPP), BLOOM ENERGY (BE), MINISO GROUP HLDG LTD (MNSO), UNITEDHEALTH GROUP (UNH), ROPER TECHNOLOGIES INC (ROP), INTUITIVE SURGICAL INC (ISRG), LOCKHEED MARTIN CORP (LMT), ALPHABET CL A (GOOGL), RTX (RTX), YATSEN HLDG LTD (YSG), SERVICENOW (NOW), SPOTIFY TECHNOLOGY S A (SPOT), AMER SPORTS INC (AS), COGNEX CORP (CGNX), HOME DEPOT (HD), ZSCALER INC (ZS), NETFLIX INC. (NFLX), UNITY SOFTWARE INC (U), O'REILLY AUTOMOTIVE (ORLY)); reduced holdings in DUTCH BROS INC (BROS), ATLASSIAN CORPORATION (TEAM), ATI INC (ATI), AEROVIRONMENT INC (AVAV), RIOT PLATFORMS INC (RIOT) — the largest 5 of 13 reductions.
Which positions did KEYSTONE INVESTORS PTE LTD initiate in Q4 2025?
KEYSTONE INVESTORS PTE LTD established 39 new positions in Q4 2025: AMAZON.COM (AMZN, 6.7%), VANECK ETF TRUST (GDX, 5.2%), ARGAN INC (AGX, 2.6%), GILEAD SCIENCES INC (GILD, 2.3%), BAIDU INC-SP ADR (BIDU, 1.9%), MICRON TECHNOLOGY INC (MU, 1.6%), CREDO TECHNOLOGY GROUP HOLDI (CRDO, 1.5%), SPDR SERIES TRUST (XBI, 1.1%), H WORLD GROUP LTD (HTHT, 0.9%), REDDIT INC (RDDT, 0.9%), MCDONALDS CORP (MCD, 0.9%), QUANTA SVCS INC (PWR, 0.9%), COGNIZANT TECHNOLOGY SOLUTIO (CTSH, 0.8%), SANDISK CORP (SNDK, 0.6%), MAKEMYTRIP LIMITED MAURITIUS (MMYT, 0.6%), AMPHENOL (APH, 0.5%), ROSS STORES INC (ROST, 0.5%), S&P GLOBAL INC (SPGI, 0.5%), HYATT HOTELS CORP (H, 0.5%), ARROWHEAD PHARMACEUTICALS INC (ARWR, 0.3%), ALNYLAM PHARMACEUTICALS, INC. (ALNY, 0.3%), BWX TECHNOLOGIES (BWXT, 0.3%), PROTAGONIST THERAPEUTICS INC (PTGX, 0.2%), COMFORT SYS USA INC (FIX, 0.1%), DOORDASH INC (DASH, 0.1%), SIGMA LITHIUM CORPORATION (SGML, 0.1%), LIBERTY MEDIA CORP DEL (FWONK, 0.1%), SOLARIS ENERGY INFRASTRUCTURE (SEI, 0.1%), SOLSTICE ADVANCED MATLS INC (SOLS, 0.1%), LOWES COS INC (LOW, 0.1%), IES HOLDINGS INC (IESC, 0.1%), NETEASE COM INC (NTES, 0.1%), GRAB HOLDINGS LIMITED (GRAB, 0.1%), ACCENTURE (ACN, 0.0%), CARVANA CO (CVNA, 0.0%), CLOUDFLARE INC (NET, 0.0%), CENTRUS ENERGY CORP (LEU, 0.0%), OKLO INC (OKLO, 0.0%), SHARKNINJA INC (SN, 0.0%).
Which existing positions saw the largest allocation increases for KEYSTONE INVESTORS PTE LTD in Q4 2025?
Of 24 existing positions with share-count increases in Q4 2025, the largest were: UNITED RENTALS (URI, +1.2% weight, +6354.2% shares), FLOWSERVE CORP (FLS, +1.4% weight, +6114.9% shares), ROBLOX CORP (RBLX, +0.1% weight, +341.0% shares), IREN LIMITED (IREN, +0.0% weight, +225.6% shares), PONY AI INC (PONY, +0.3% weight, +202.0% shares), ULTA BEAUTY INC (ULTA, +1.2% weight, +196.9% shares), TAIWAN SEMIC-ADR (TSM, +0.1% weight, +121.3% shares), SNOWFLAKE INC (SNOW, +0.2% weight, +85.0% shares), ELI LILLY & CO (LLY, +0.5% weight, +83.8% shares), GENERAL MTRS CO (GM, +0.0% weight, +76.5% shares).
Which positions did KEYSTONE INVESTORS PTE LTD fully exit in Q4 2025?
KEYSTONE INVESTORS PTE LTD fully exited 30 positions in Q4 2025: TENCENT MUSIC ENTMT GROUP (TME, last-reported weight 6.1%), ALIBABA GRP-ADR (BABA, last-reported weight 4.1%), BROADCOM (AVGO, last-reported weight 3.3%), META PLATFORMS INC (META, last-reported weight 3.3%), FULL TRUCK A-ADR (YMM, last-reported weight 2.3%), VERTIV HOLDINGS CO (VRT, last-reported weight 2.2%), SYNOPSYS INC (SNPS, last-reported weight 1.4%), BITDEER TECHNOLOGIES GROUP (BTDR, last-reported weight 0.9%), SPROUTS FMRS MKT INC (SFM, last-reported weight 0.7%), SAP SE SPON ADR (SAP, last-reported weight 0.7%), ON HLDG AG (ONON, last-reported weight 0.6%), ZEPP HEALTH CORP-ADR (ZEPP, last-reported weight 0.6%), BLOOM ENERGY (BE, last-reported weight 0.6%), MINISO GROUP HLDG LTD (MNSO, last-reported weight 0.5%), UNITEDHEALTH GROUP (UNH, last-reported weight 0.5%), ROPER TECHNOLOGIES INC (ROP, last-reported weight 0.4%), INTUITIVE SURGICAL INC (ISRG, last-reported weight 0.3%), LOCKHEED MARTIN CORP (LMT, last-reported weight 0.3%), ALPHABET CL A (GOOGL, last-reported weight 0.2%), RTX (RTX, last-reported weight 0.1%), YATSEN HLDG LTD (YSG, last-reported weight 0.1%), SERVICENOW (NOW, last-reported weight 0.1%), SPOTIFY TECHNOLOGY S A (SPOT, last-reported weight 0.1%), AMER SPORTS INC (AS, last-reported weight 0.1%), COGNEX CORP (CGNX, last-reported weight 0.1%), HOME DEPOT (HD, last-reported weight 0.1%), ZSCALER INC (ZS, last-reported weight 0.1%), NETFLIX INC. (NFLX, last-reported weight 0.1%), UNITY SOFTWARE INC (U, last-reported weight 0.0%), O'REILLY AUTOMOTIVE (ORLY, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for KEYSTONE INVESTORS PTE LTD in Q4 2025?
Of 13 existing positions with share-count reductions in Q4 2025, the largest were: DUTCH BROS INC (BROS, -0.4% weight, -95.3% shares), ATLASSIAN CORPORATION (TEAM, -1.0% weight, -88.6% shares), ATI INC (ATI, -2.1% weight, -87.2% shares), AEROVIRONMENT INC (AVAV, -0.2% weight, -85.3% shares), RIOT PLATFORMS INC (RIOT, -0.7% weight, -82.2% shares), EBAY INC. (EBAY, -0.3% weight, -77.8% shares), ORACLE CORP (ORCL, -0.9% weight, -77.0% shares), CARPENTER TECHNOLOGY CORP (CRS, -0.7% weight, -73.9% shares), MIRION TECHNOLOGIES INC (MIR, -1.7% weight, -64.8% shares), MONGODB INC (MDB, -0.0% weight, -56.4% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.