# EDGAR Filing Document

**Accession Number:** 0001021944
**File Stem:** 0001104659-26-015596
**Filing Date:** 2026-2
**Character Count:** 20213
**Document Hash:** b194f23df56c5f9f2f8b56549d417e63
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-015596.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0001104659-26-015596

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Temasek Holdings (Private) Ltd
- **CENTRAL INDEX KEY:** 0001021944

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** U0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13088
- **FILM NUMBER:** 26636007

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 60B ORCHARD ROAD #06-18
- **STREET 2:** THE ATRIUM@ORCHARD
- **CITY:** SINGAPORE
- **PROVINCE COUNTRY:** U0
- **ZIP:** 238891
- **BUSINESS PHONE:** 65 6828 6828

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 60B ORCHARD ROAD #06-18
- **STREET 2:** THE ATRIUM@ORCHARD
- **CITY:** SINGAPORE
- **PROVINCE COUNTRY:** U0
- **ZIP:** 238891

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEMASEK HOLDINGS (PRIVATE) LTD
- **DATE OF NAME CHANGE:** 20050912

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEMASEK HOLDINGS LTD
- **DATE OF NAME CHANGE:** 19960829

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Temasek Holdings (Private) Ltd<br>**Address:** 60B Orchard Road #06-18<br>The Atrium@Orchard<br>Singapore, U0 238891

**Form 13F File Number:** 028-13088

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jason Norman Lee<br>**Title:** Authorised Signatory<br>**Phone:** 65-6828-6358

**Signature, Place, and Date of Signing:**

/s/ Jason Norman Lee  Singapore, U0  02-17-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 39

**Form 13F Information Table Entry Total:** 146

**Form 13F Information Table Value Total:** $31574813200

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                                     | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD | 028-14097              |  |  |
|     2 | True Light Capital Pte. Ltd.             | 028-26109              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 7169220 | 33476 | SH |  | DFND | 1 4 6 | 33476 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 301596170 | 2222194 | SH |  | DFND | 18 20 24 32 34 | 2222194 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 57093297 | 1074394 | SH |  | DFND | 1 4 6 | 1074394 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 192497944 | 1313262 | SH |  | DFND | 1 4 6 | 1313262 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 27324900 | 87300 | SH | Call | DFND | 1 4 6 | 87300 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 22160400 | 70800 | SH | Call | DFND | 1 4 6 | 70800 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1465409660 | 4681820 | SH |  | DFND | 1 4 6 28 29 32 34 | 4681820 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 25967250 | 112500 | SH | Put | DFND | 1 4 6 | 112500 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 52765452 | 228600 | SH | Put | DFND | 1 4 6 | 228600 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 31783914 | 137700 | SH | Put | DFND | 1 4 6 | 137700 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1226410136 | 5313275 | SH |  | DFND | 1 4 5 6 28 29 34 | 5313275 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 96308506 | 2578541 | SH |  | DFND | 38 39 | 2578541 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 9582038 | 35332 | SH |  | DFND | 1 4 6 | 35332 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 109054801 | 753349 | SH |  | DFND | 30 31 33 34 | 753349 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 181113948 | 666203 | SH |  | DFND | 1 4 6 | 666203 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 31265248 | 46400 | SH | Put | DFND | 1 4 6 | 46400 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 94824667 | 140727 | SH |  | DFND | 1 4 6 | 140727 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 7624505 | 58189 | SH |  | DFND | 1 4 6 | 58189 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 7869826 | 47306 | SH |  | DFND | 1 4 6 | 47306 | 0 | 0 |
| BEONE MEDICINES LTD | SPONSORED ADS | 07725L102 |  | 279379726 | 919587 | SH |  | DFND | 1 4 6 10 11 15 | 919587 | 0 | 0 |
| BIONTECH SE | SPONSORED ADS | 09075V102 |  | 143373770 | 1506027 | SH |  | DFND | 11 15 16 17 24 | 1506027 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 5451054311 | 5092825 | SH |  | DFND | 1 4 6 21 24 | 5092825 | 0 | 0 |
| BLAIZE HLDGS INC | COM | 092915107 |  | 12388395 | 6353023 | SH |  | DFND | 19 20 24 | 6353023 | 0 | 0 |
| BOLT PROJS HLDGS INC | COM NEW | 09769B206 |  | 98751 | 123593 | SH |  | DFND | 19 20 24 | 123593 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 134820433 | 25175 | SH |  | DFND | 1 4 6 33 34 | 25175 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 198483039 | 2081626 | SH |  | DFND | 1 4 6 28 29 34 | 2081626 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 863961124 | 2496276 | SH |  | DFND | 1 4 6 | 2496276 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 55819286 | 178576 | SH |  | DFND | 1 4 6 | 178576 | 0 | 0 |
| CARIS LIFE SCIENCES INC | COM | 142152107 |  | 330100 | 12235 | SH |  | DFND | 27 | 12235 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 29280120 | 93000 | SH | Put | DFND | 1 4 6 | 93000 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 42189190 | 134002 | SH |  | DFND | 1 4 6 | 134002 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 15673723 | 27360 | SH |  | DFND | 1 4 6 | 27360 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 7061532 | 23888 | SH |  | DFND | 1 4 6 | 23888 | 0 | 0 |
| CHIME FINL INC | COM SHS CL A | 16935C109 |  | 747423 | 29695 | SH |  | DFND | 27 | 29695 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 9458014 | 255622 | SH |  | DFND | 1 4 6 | 255622 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 56027905 | 675035 | SH |  | DFND | 1 4 6 | 675035 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 49050923 | 52557 | SH |  | DFND | 1 4 6 | 52557 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 10386885 | 12045 | SH |  | DFND | 1 4 6 | 12045 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 65438156 | 285856 | SH |  | DFND | 1 4 6 | 285856 | 0 | 0 |
| DENALI THERAPEUTICS INC | COM | 24823R105 |  | 115784201 | 7012974 | SH |  | DFND | 1 4 6 9 10 11 15 | 7012974 | 0 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 128348704 | 1464165 | SH |  | DFND | 1 4 6 28 29 34 | 1464165 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 524623481 | 2316423 | SH |  | DFND | 1 4 6 18 20 24 | 2316423 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 72395873 | 1670417 | SH |  | DFND | 1 4 6 | 1670417 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 15893968 | 49901 | SH |  | DFND | 1 4 6 | 49901 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 97654440 | 1294465 | SH |  | DFND | 1 4 6 | 1294465 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 126647814 | 117847 | SH |  | DFND | 1 4 6 | 117847 | 0 | 0 |
| ERMENEGILDO ZEGNA N V | ORD SHS | N30577105 |  | 279233329 | 27242276 | SH |  | DFND | 1 4 6 7 8 15 22 23 24 | 27242276 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 |  | 13399841 | 473660 | SH |  | DFND | 1 4 6 | 473660 | 0 | 0 |
| FIREFLY AEROSPACE INC | COM | 31816X106 |  | 23926684 | 1069588 | SH |  | DFND | 1 4 6 | 1069588 | 0 | 0 |
| FLYWIRE CORPORATION | COM VTG | 302492103 |  | 90494535 | 6390857 | SH |  | DFND | 7 8 15 | 6390857 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 30636985 | 603209 | SH |  | DFND | 1 4 6 | 603209 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 129073503 | 419029 | SH |  | DFND | 1 4 6 | 419029 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 108126146 | 1318290 | SH |  | DFND | 1 4 6 | 1318290 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 21829238 | 33400 | SH | Put | DFND | 1 4 6 | 33400 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 37841703 | 57900 | SH | Put | DFND | 1 4 6 | 57900 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 33658855 | 51500 | SH | Put | DFND | 1 4 6 | 51500 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 339707386 | 519772 | SH |  | DFND | 1 4 6 | 519772 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 806670 | 21494 | SH |  | DFND | 27 | 21494 | 0 | 0 |
| GLOBAL E ONLINE LTD | SHS | M5216V106 |  | 82422810 | 2096739 | SH |  | DFND | 1 4 6 26 27 | 2096739 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 106644068 | 1044097 | SH |  | DFND | 9 11 15 | 1044097 | 0 | 0 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 123407539 | 2622902 | SH |  | DFND | 3 4 6 | 2622902 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 397313305 | 10873380 | SH |  | DFND | 1 4 5 6 16 17 24 35 36 37 | 10873380 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 44534110 | 129422 | SH |  | DFND | 1 4 6 | 129422 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 7209355 | 17965 | SH |  | DFND | 1 4 6 | 17965 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 15890481 | 800528 | SH |  | DFND | 1 4 6 | 800528 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 870034512 | 29195789 | SH |  | DFND | 1 4 5 6 16 17 24 35 36 37 | 29195789 | 0 | 0 |
| INTAPP INC | COM | 45827U109 |  | 785666605 | 17146805 | SH |  | DFND | 1 4 6 19 20 24 | 17146805 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 50807614 | 76700 | SH | Put | DFND | 1 4 6 | 76700 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 69049998 | 104239 | SH |  | DFND | 1 4 6 | 104239 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 24919840 | 44000 | SH |  | DFND | 28 29 34 | 44000 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | KBW BK ETF | 46138E628 |  | 167652894 | 1989001 | SH |  | DFND | 1 4 6 | 1989001 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 155065706 | 1594998 | SH |  | DFND | 1 4 6 | 1594998 | 0 | 0 |
| ISHARES TR | MSCI CHINA ETF | 46429B671 |  | 44740556 | 744807 | SH |  | DFND | 1 4 6 | 744807 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 27673600 | 512000 | SH |  | DFND | 1 4 6 | 512000 | 0 | 0 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 99842037 | 1973943 | SH |  | DFND | 33 34 | 1973943 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 299467201 | 5919494 | SH |  | DFND | 33 34 | 5919494 | 0 | 0 |
| KANZHUN LIMITED | SPONSORED ADS | 48553T106 |  | 72950720 | 3579525 | SH |  | DFND | 1 4 6 | 3579525 | 0 | 0 |
| KE HLDGS INC | SPONSORED ADS | 482497104 |  | 48026346 | 3047357 | SH |  | DFND | 1 4 6 38 39 | 3047357 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 2795538 | 99805 | SH |  | DFND | 27 | 99805 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 169873347 | 1332549 | SH |  | DFND | 1 4 6 30 31 33 34 | 1332549 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 221303957 | 6499382 | SH |  | DFND | 1 4 6 38 39 | 6499382 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 229166717 | 537458 | SH |  | DFND | 1 4 6 18 20 24 | 537458 | 0 | 0 |
| MAGNUM ICE CREAM CO NV | ORD SHS | N5505D105 |  | 1252150 | 79000 | SH |  | DFND |  | 79000 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 32522769 | 175306 | SH |  | DFND | 1 4 6 | 175306 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 33082714 | 389300 | SH | Put | DFND | 1 4 6 | 389300 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 120177611 | 1414187 | SH |  | DFND | 1 2 4 6 | 1414187 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1580891172 | 2769218 | SH |  | DFND | 1 4 6 7 8 14 15 30 31 34 | 2769218 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 241930246 | 366511 | SH |  | DFND | 1 4 6 | 366511 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1307702677 | 2703988 | SH |  | DFND | 1 2 4 6 28 29 34 | 2703988 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 195287365 | 340382 | SH |  | DFND | 1 4 6 | 340382 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 64643967 | 469728 | SH |  | DFND | 1 4 6 38 39 | 469728 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 65056314 | 693860 | SH |  | DFND | 1 4 6 | 693860 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 11409914 | 1240208 | SH |  | DFND | 1 4 6 | 1240208 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 26965329 | 335891 | SH |  | DFND | 1 4 6 | 335891 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 20954219 | 328900 | SH | Call | DFND | 1 4 6 | 328900 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 54820480 | 860469 | SH |  | DFND | 1 4 6 | 860469 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 42895000 | 230000 | SH | Put | DFND | 1 4 6 | 230000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1632231588 | 8751912 | SH |  | DFND | 1 2 4 6 | 8751912 | 0 | 0 |
| ONESTREAM INC | CL A | 68278B107 |  | 78422203 | 4266714 | SH |  | DFND | 1 4 6 32 34 | 4266714 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 3326139 | 17065 | SH |  | DFND | 1 4 6 | 17065 | 0 | 0 |
| PAGAYA TECHNOLOGIES LTD | CL A NEW | M7S64L123 |  | 3011021 | 144068 | SH |  | DFND | 27 | 144068 | 0 | 0 |
| PAYONEER GLOBAL INC | COM | 70451X104 |  | 42118264 | 7494353 | SH |  | DFND | 25 27 | 7494353 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 530993351 | 4682894 | SH |  | DFND | 1 2 4 6 25 27 38 39 | 4682894 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 80001780 | 557426 | SH |  | DFND | 1 4 6 | 557426 | 0 | 0 |
| PONY AI INC | SPONSORED ADS | 732908108 |  | 210395 | 14510 | SH |  | DFND | 25 27 | 14510 | 0 | 0 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 4846448 | 66627 | SH |  | DFND | 27 | 66627 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 226259859 | 993588 | SH |  | DFND | 30 31 33 34 | 993588 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 8034390 | 46971 | SH |  | DFND | 1 4 6 | 46971 | 0 | 0 |
| REVOLUTION MEDICINES INC | COM | 76155X100 |  | 250738 | 3148 | SH |  | DFND | 27 | 3148 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 630231893 | 7777760 | SH |  | DFND | 19 20 24 27 28 29 34 | 7777760 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 679524822 | 1300302 | SH |  | DFND | 1 4 6 21 24 30 31 33 34 | 1300302 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 181142809 | 683790 | SH |  | DFND | 1 4 6 30 31 33 34 | 683790 | 0 | 0 |
| SAMSARA INC | COM CL A | 79589L106 |  | 1411654 | 39821 | SH |  | DFND | 27 | 39821 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 37350900 | 1410000 | SH |  | DFND | 1 4 6 | 1410000 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 421391393 | 3303217 | SH |  | DFND | 1 3 4 5 6 | 3303217 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 101469992 | 662380 | SH |  | DFND | 1 2 4 6 | 662380 | 0 | 0 |
| SERVICETITAN INC | SHS CL A | 81764X103 |  | 1377791 | 12937 | SH |  | DFND | 27 | 12937 | 0 | 0 |
| SES AI CORPORATION | CL A COM | 78397Q109 |  | 5689282 | 3160712 | SH |  | DFND | 1 4 6 19 20 24 | 3160712 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 80840302 | 368528 | SH |  | DFND | 1 4 6 | 368528 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 35273534 | 245860 | SH |  | DFND | 1 4 6 | 245860 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 26136160 | 55642 | SH |  | DFND | 1 4 6 | 55642 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 254170620 | 5307384 | SH |  | DFND | 1 4 6 | 5307384 | 0 | 0 |
| TENCENT MUSIC ENTMT GROUP | SPON ADS | 88034P109 |  | 44862303 | 2559173 | SH |  | DFND | 1 4 6 38 39 | 2559173 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 15717714 | 34950 | SH |  | DFND | 1 4 6 | 34950 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 8861869 | 51080 | SH |  | DFND | 1 4 6 | 51080 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 516532160 | 891418 | SH |  | DFND | 1 4 6 10 11 12 13 15 | 891418 | 0 | 0 |
| TPG INC | COM CL A | 872657101 |  | 561254531 | 8791581 | SH |  | DFND | 1 4 6 10 11 15 30 31 34 | 8791581 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 193543709 | 145538 | SH |  | DFND | 1 4 6 | 145538 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 161054742 | 2239671 | SH |  | DFND | 38 39 | 2239671 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 44033664 | 309573 | SH |  | DFND | 1 4 6 | 309573 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 73572936 | 222874 | SH |  | DFND | 1 4 6 | 222874 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 15406496 | 348800 | SH | Call | DFND | 1 4 6 | 348800 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 58732849 | 1329700 | SH | Put | DFND | 1 4 6 | 1329700 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 111326996 | 2520421 | SH |  | DFND | 1 4 6 | 2520421 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 26634444 | 164400 | SH | Put | DFND | 1 4 6 | 164400 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 76319509 | 471079 | SH |  | DFND | 1 4 6 | 471079 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 2276767586 | 6491881 | SH |  | DFND | 1 4 6 7 8 14 15 30 31 34 | 6491881 | 0 | 0 |
| VNET GROUP INC | SPONSORED ADS A | 90138A103 |  | 27521649 | 3253150 | SH |  | DFND | 38 39 | 3253150 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 48470257 | 435062 | SH |  | DFND | 1 4 6 | 435062 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 142020304 | 1523823 | SH |  | DFND | 1 4 6 | 1523823 | 0 | 0 |
| WERIDE INC | SPONSORED ADS | 950915108 |  | 25856010 | 2978803 | SH |  | DFND | 38 39 | 2978803 | 0 | 0 |
| WIX COM LTD | SHS | M98068105 |  | 78630809 | 756866 | SH |  | DFND | 1 4 6 | 756866 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 174398783 | 811988 | SH |  | DFND | 1 4 6 28 29 34 | 811988 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 24225231 | 1194538 | SH |  | DFND | 1 4 6 38 39 | 1194538 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 193596060 | 4055217 | SH |  | DFND | 1 4 6 18 20 24 38 39 | 4055217 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 98980A105 |  | 130776434 | 6260241 | SH |  | DFND | 1 4 6 | 6260241 | 0 | 0 |

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