Bloomberg News

Temasek Bought Shares of Gilead, 21Vianet Group in Last Quarter

February 14, 2014

Temasek Holdings Pte, Singapore’s state-owned investment firm, added shares of pharmaceutical maker Gilead Sciences Inc. (GILD:US) and Chinese Web data company 21Vianet Group Inc. (VNET:US) in the fourth quarter.

Temasek, directly or through its units, bought 5.65 million shares of Foster City, California-based Gilead valued at $424 million as of Dec. 31 and 6.67 million American depositary receipts of Beijing-based 21Vianet worth $157 million, according to a filing today with the U.S. Securities and Exchange Commission.

Temasek, wholly owned by Singapore’s Ministry of Finance, is the ninth-biggest state investment company, according to the Sovereign Wealth Fund Institute website. The world’s biggest is Norway’s Government Pension Fund Global, while Singapore’s state fund GIC Pte is the eighth-biggest, according to the institute estimates.

The share of assets denominated in U.S. dollars in Temasek’s portfolio declined to 6 percent as of March 31 from 7 percent in the previous year, according to the investment firm’s latest annual review published in July.

Money managers who oversee more than $100 million in equities must file a Form 13F with the SEC within 45 days of each quarter’s end to show their U.S.-listed stocks, options and convertible bonds. The filings don’t show non-U.S. securities or how much cash the firms hold.

To contact the reporters on this story: Klaus Wille in Singapore at; Devin Banerjee in New York at

To contact the editors responsible for this story: Andreea Papuc at; Christian Baumgaertel at

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