Fullerton Fund Management Co 13F annual report

Fullerton Fund Management Co is an investment fund managing more than $2.15 trillion ran by Philippe Dhannoncelles. There are currently 121 companies in Mr. Dhannoncelles’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $619 billion.

Limited to 30 biggest holdings

$2.15 trillion Assets Under Management (AUM)

As of 7th August 2024, Fullerton Fund Management Co’s top holding is 701,306 shares of Microsoft currently worth over $313 billion and making up 14.6% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Fullerton Fund Management Co owns more than approximately 0.1% of the company. In addition, the fund holds 2,470,977 shares of NVIDIA Corp worth $305 billion, whose value fell 84.3% in the past six months. The third-largest holding is Meta Platforms Inc worth $134 billion and the next is Amazon.com worth $117 billion, with 604,495 shares owned.

Currently, Fullerton Fund Management Co's portfolio is worth at least $2.15 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Fullerton Fund Management Co

The Fullerton Fund Management Co office and employees reside in Singapore, Singapore. According to the last 13-F report filed with the SEC, Philippe Dhannoncelles serves as the Head of Risk at Fullerton Fund Management Co.

Recent trades

In the most recent 13F filing, Fullerton Fund Management Co revealed that it had opened a new position in Ge Vernova Llc and bought 637,642 shares worth $109 billion.

The investment fund also strengthened its position in NVIDIA Corp by buying 2,184,485 additional shares. This makes their stake in NVIDIA Corp total 2,470,977 shares worth $305 billion. NVIDIA Corp dropped 73.5% in the past year.

On the other hand, there are companies that Fullerton Fund Management Co is getting rid of from its portfolio. Fullerton Fund Management Co closed its position in Salesforce Inc on 14th August 2024. It sold the previously owned 311,442 shares for $93.8 billion. Philippe Dhannoncelles also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $313 billion and 701,306 shares.

One of the largest hedge funds

The two most similar investment funds to Fullerton Fund Management Co are Electron Capital Partners and James Hambro & Partners. They manage $2.15 trillion and $2.15 trillion respectively.


Philippe Dhannoncelles investment strategy

Fullerton Fund Management Co’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 45.5% of the total portfolio value. The fund focuses on investments in the United States as 59.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 61% of the total holdings value. On the other hand, small-cap stocks make up only 3.3% of the portfolio. The average market cap of the portfolio companies is close to $161 billion.

The complete list of Fullerton Fund Management Co trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Microsoft Corporation
2.28%
701,306
$313,448,717,000 14.55%
NVIDIA Corp
762.49%
2,470,977
$305,264,499,000 14.17%
Meta Platforms Inc
12.44%
264,822
$133,528,549,000 6.20%
Amazon.com Inc.
1.44%
604,495
$116,818,659,000 5.42%
Ge Vernova Llc
Opened
637,642
$109,361,979,000 5.08%
Salesforce Inc
Closed
311,442
$93,800,102,000
Taiwan Semiconductor Mfg Ltd
18.99%
491,239
$85,382,251,000 3.96%
Apple Inc
806.57%
374,250
$78,824,535,000 3.66%
Walmart Inc
137.71%
1,090,683
$73,850,146,000 3.43%
PDD Holdings Inc
320.93%
547,165
$72,745,587,000 3.38%
Arm Holdings Plc
65.84%
434,959
$71,167,992,000 3.30%
Alphabet Inc
21.95%
553,280
$101,248,730,000 4.70%
JPMorgan Chase & Co.
8,481.50%
287,995
$58,249,869,000 2.70%
Eli Lilly & Co
1.26%
53,501
$48,438,735,000 2.25%
Broadcom Inc
38.68%
29,036
$46,618,169,000 2.16%
Visa Inc
24.51%
164,971
$43,299,938,000 2.01%
Spdr Gold Tr
111.26%
177,377
$38,137,829,000 1.77%
Vistra Corp
Opened
414,184
$35,611,540,000 1.65%
NextEra Energy Inc
Opened
401,289
$28,415,274,000 1.32%
Uber Technologies Inc
22.57%
361,517
$26,275,056,000 1.22%
ASML Holding NV
17.32%
24,384
$24,938,248,000 1.16%
ServiceNow Inc
65.90%
28,833
$22,682,056,000 1.05%
Ishares Inc
0.58%
694,352
$41,026,753,000 1.90%
Trane Technologies plc
1.31%
66,919
$22,011,667,000 1.02%
Netflix Inc.
53.29%
32,375
$21,849,240,000 1.01%
Cameco Corp.
25.38%
428,747
$21,094,362,000 0.98%
Blackrock Inc.
Opened
24,329
$19,154,708,000 0.89%
Vertiv Holdings Co
75.07%
206,365
$17,865,018,000 0.83%
Ishares Tr
43.50%
407,053
$35,391,668,000 1.64%
Boston Scientific Corp.
3.58%
207,068
$15,946,307,000 0.74%
Quanta Svcs Inc
Closed
55,160
$14,330,568,000
Mastercard Incorporated
32.17%
29,158
$12,863,343,000 0.60%
Rockwell Automation Inc
Closed
43,658
$12,718,885,000
Select Sector Spdr Tr
Closed
154,139
$16,775,429,000
Target Corp
Closed
67,191
$11,906,917,000
General Electric Co
86.91%
67,463
$10,724,593,000 0.50%
e.l.f. Beauty Inc
28.96%
47,038
$9,911,847,000 0.46%
Sea Ltd
Opened
135,710
$9,692,408,000 0.45%
Moderna Inc
Closed
78,060
$8,318,074,000
Thermo Fisher Scientific Inc.
58.70%
14,123
$7,810,019,000 0.36%
Spdr S&p 500 Etf Tr
2.76%
13,976
$7,606,019,000 0.35%
VanEck ETF Trust
Opened
41,962
$6,156,688,000 0.29%
Eaton Corp Plc
65.96%
14,940
$4,684,437,000 0.22%
Unitedhealth Group Inc
5.85%
8,353
$4,253,849,000 0.20%
Icici Bank Limited
Opened
115,313
$3,322,168,000 0.15%
Select Sector Spdr Fund
65.46%
37,657
$4,510,374,000 0.21%
Fortinet Inc
89.55%
44,066
$2,655,858,000 0.12%
Coca-Cola Co
10.96%
18,663
$1,187,900,000 0.06%
T-Mobile US, Inc.
42.37%
6,438
$1,134,247,000 0.05%
World Gold Tr
Opened
23,942
$1,103,487,000 0.05%
VanEck ETF Trust
Closed
12,099
$1,097,379,000
Chevron Corp.
Opened
6,618
$1,035,188,000 0.05%
Bank America Corp
15.50%
22,291
$886,513,000 0.04%
Conocophillips
77.19%
7,102
$812,327,000 0.04%
Abbvie Inc
No change
4,732
$811,633,000 0.04%
Pepsico Inc
8.55%
4,634
$764,286,000 0.04%
Linde Plc.
95.59%
1,689
$741,150,000 0.03%
Chubb Limited
62.56%
2,827
$721,111,000 0.03%
Accenture Plc Ireland
22.13%
2,312
$701,484,000 0.03%
Adobe Inc
Closed
1,348
$680,201,000
Lam Research Corp.
15.72%
633
$674,050,000 0.03%
Goldman Sachs Group, Inc.
Opened
1,484
$671,243,000 0.03%
Freeport-McMoRan Inc
163.73%
13,619
$661,883,000 0.03%
Elevance Health Inc
26.84%
1,172
$635,060,000 0.03%
Lowe's Cos Inc
23.40%
2,827
$623,240,000 0.03%
Comcast Corp
Closed
14,331
$621,249,000
Danaher Corp.
Closed
2,442
$609,816,000
Johnson & Johnson
102.06%
4,112
$601,010,000 0.03%
Texas Instrs Inc
Opened
2,958
$575,420,000 0.03%
Prologis Inc
28.86%
5,095
$572,219,000 0.03%
Vertex Pharmaceuticals, Inc.
No change
1,209
$566,682,000 0.03%
Morgan Stanley
No change
5,800
$563,702,000 0.03%
Toronto Dominion Bk Ont
22.89%
10,200
$560,558,000 0.03%
Nxp Semiconductors N V
20.46%
2,055
$552,980,000 0.03%
Booking Holdings Inc
Closed
152
$551,438,000
Progressive Corp.
No change
2,613
$542,746,000 0.03%
Chipotle Mexican Grill
5,480.65%
8,650
$541,923,000 0.03%
MercadoLibre Inc
42.79%
327
$537,392,000 0.02%
Enbridge Inc
18.90%
15,100
$537,083,000 0.02%
Regeneron Pharmaceuticals, Inc.
No change
509
$534,974,000 0.02%
Occidental Pete Corp
Opened
8,399
$529,389,000 0.02%
Berkshire Hathaway Inc.
9.01%
1,283
$521,924,000 0.02%
Airbnb, Inc.
36.98%
3,408
$516,755,000 0.02%
The Southern Co.
Opened
6,661
$516,694,000 0.02%
Us Bancorp Del
Opened
12,996
$515,941,000 0.02%
Truist Finl Corp
22.38%
13,241
$514,413,000 0.02%
Valero Energy Corp.
Opened
3,267
$512,135,000 0.02%
Bristol-Myers Squibb Co.
Closed
9,408
$510,196,000
Equinix Inc
43.75%
667
$504,652,000 0.02%
Mondelez International Inc.
12.25%
7,577
$495,839,000 0.02%
Analog Devices Inc.
Closed
2,500
$494,475,000
Marvell Technology Inc
53.78%
7,023
$490,908,000 0.02%
Air Prods & Chems Inc
22.22%
1,892
$488,231,000 0.02%
Palo Alto Networks Inc
Closed
1,676
$476,202,000
Atlassian Corporation
96.43%
2,638
$466,609,000 0.02%
Fidelity Natl Information Sv
Opened
6,097
$459,470,000 0.02%
American Tower Corp.
11.29%
2,356
$457,959,000 0.02%
Otis Worldwide Corporation
Opened
4,748
$457,042,000 0.02%
Stryker Corp.
No change
1,325
$450,831,000 0.02%
Cummins Inc.
Opened
1,601
$443,365,000 0.02%
CME Group Inc
Closed
2,059
$443,282,000
Crown Castle Inc
33.34%
4,527
$442,288,000 0.02%
Keysight Technologies Inc
35.21%
3,187
$435,822,000 0.02%
Thomson-Reuters Corp
12.13%
2,579
$434,643,000 0.02%
Dell Technologies Inc
No change
3,144
$433,589,000 0.02%
Ppg Inds Inc
Opened
3,413
$429,663,000 0.02%
Autodesk Inc.
Closed
1,634
$425,526,000
DoubleVerify Holdings, Inc.
97.57%
21,845
$425,322,000 0.02%
Stantec Inc
111.42%
5,074
$424,690,000 0.02%
Pfizer Inc.
Closed
15,226
$422,522,000
Royalty Pharma plc
Opened
16,002
$421,973,000 0.02%
Stellantis N.V
Closed
14,835
$419,831,000
Jacobs Solutions Inc
25.44%
2,998
$418,851,000 0.02%
Franco Nev Corp
34.62%
3,500
$414,879,000 0.02%
Parker-Hannifin Corp.
No change
818
$413,753,000 0.02%
Diamondback Energy Inc
No change
2,052
$410,790,000 0.02%
Church & Dwight Co., Inc.
11.49%
3,941
$408,603,000 0.02%
Hewlett Packard Enterprise C
No change
19,219
$406,866,000 0.02%
Schlumberger Ltd.
Closed
7,406
$405,923,000
American Express Co.
Closed
1,775
$404,150,000
Cheniere Energy Inc.
Closed
2,481
$400,136,000
Best Buy Co. Inc.
26.53%
4,741
$399,619,000 0.02%
Lauder Estee Cos Inc
Closed
2,589
$399,094,000
Xylem Inc
No change
2,937
$398,345,000 0.02%
Mckesson Corporation
Closed
739
$396,732,000
Baker Hughes Company
54.41%
11,269
$396,331,000 0.02%
Ge Healthcare Technologies I
Opened
5,082
$395,989,000 0.02%
Ecolab, Inc.
Closed
1,713
$395,532,000
Nasdaq Inc
23.77%
6,534
$393,739,000 0.02%
Deere & Co.
No change
1,041
$388,949,000 0.02%
Merck & Co Inc
Closed
2,909
$383,843,000
PayPal Holdings Inc
Closed
5,720
$383,183,000
Dover Corp.
No change
2,107
$380,208,000 0.02%
IQVIA Holdings Inc
Closed
1,498
$378,829,000
Biogen Inc
Closed
1,734
$373,902,000
Travelers Companies Inc.
No change
1,833
$372,722,000 0.02%
EBay Inc.
Closed
7,025
$370,780,000
CSX Corp.
Opened
10,984
$367,415,000 0.02%
Cigna Group (The)
Closed
1,009
$366,459,000
Ball Corp.
19.93%
6,012
$360,840,000 0.02%
Insulet Corporation
Opened
1,788
$360,818,000 0.02%
McCormick & Co., Inc.
Closed
4,682
$359,624,000
Pinterest Inc
Closed
10,347
$358,730,000
Trimble Inc
Closed
5,466
$351,792,000
Natera Inc
28.86%
3,210
$347,611,000 0.02%
FMC Corp.
Closed
5,407
$344,426,000
Mettler-Toledo International, Inc.
Closed
253
$336,816,000
Okta Inc
Closed
3,200
$334,784,000
Eversource Energy
Closed
5,555
$332,022,000
Digital Rlty Tr Inc
Closed
2,286
$329,275,000
Mcdonalds Corp
Closed
1,163
$327,908,000
Rogers Communications Inc.
Closed
7,900
$323,900,000
Fortive Corp
Closed
3,725
$320,425,000
Principal Financial Group In
Closed
3,689
$318,398,000
Keycorp
Closed
20,092
$317,655,000
Home Depot, Inc.
Closed
824
$316,086,000
S&P Global Inc
97.56%
703
$313,538,000 0.01%
MSCI Inc
Closed
549
$307,687,000
Kraft Heinz Co
Closed
8,338
$307,672,000
Cnh Indl N V
Opened
30,343
$307,375,000 0.01%
Waters Corp.
Closed
876
$301,545,000
State Str Corp
No change
4,037
$298,738,000 0.01%
Intuit Inc
Closed
453
$294,450,000
American Wtr Wks Co Inc New
Closed
2,384
$291,349,000
Aptiv PLC
Closed
3,523
$280,607,000
Procter And Gamble Co
16.39%
1,633
$269,314,000 0.01%
Resmed Inc.
Closed
1,319
$261,202,000
Delta Air Lines, Inc.
Opened
5,403
$256,318,000 0.01%
Akamai Technologies Inc
Closed
2,355
$256,130,000
Advanced Micro Devices Inc.
62.66%
1,572
$254,994,000 0.01%
Costco Whsl Corp New
Closed
336
$246,164,000
Amcor Plc
31.85%
24,650
$241,077,000 0.01%
Dayforce Inc
Closed
3,566
$236,105,000
Microstrategy Inc.
Opened
171
$235,549,000 0.01%
UBS Group AG
Closed
7,576
$232,735,000
Medtronic Plc
Closed
2,641
$230,163,000
Avery Dennison Corp.
32.03%
1,027
$224,554,000 0.01%
Clorox Co.
Closed
1,352
$207,005,000
No transactions found
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