Portfolio Snapshots

We are an international equities manager, and we invest with a truly global outlook.

Here is a snapshot of the current portfolio disposition of our flagship Platinum Trust Funds and their key holdings.

Platinum International Technology Fund

Platinum International Technology Fund seeks to take advantage of the opportunities presented by the waves of innovation and disruption in the fields of information technology, telecommunications and electronics. It invests in companies engaged in different segments of the value chain throughout the tech and telecom industries, including providers of hardware, software, services and content.

Established in 2000, the fund now has A$113.9 million under management^ and a track record of delivering 09.5% compound return annually since inception (on 18/5/2000).*

Unconstrained by geography, Platinum International Technology Fund provides exposure to a wide selection of technology companies in both developed and emerging markets, from the big tech names in Silicon Valley to online media disruptors in Europe, from China’s e-commerce platforms to Korea’s consumer electronics producers, from cloud software providers to specialist semiconductor makers.

Industry Breakdown1
SectorLong % Short %Net %
Info Technology 44.3 (1.2) 43.1
Communication Services 25.4 - 25.4
Consumer Discretionary 7.7 (1.6) 6.1
Industrials 5.0 - 5.0
Top 10 Positions3
StockCountryIndustry%
Alphabet Inc United States Comm Services 6.7
Facebook Inc United States Comm Services 4.4
Constellation Soft Canada Info Technology 4.0
Samsung Electronics Co Ltd Korea Info Technology 4.0
Tencent Holdings China Comm Services 3.8
Microchip Technology United States Info Technology 3.1
Taiwan Semiconductor Taiwan Info Technology 2.7
Samsung SDI Co Korea Info Technology 2.6
IHS Markit Ltd United States Industrials 2.6
Skyworks Solutions United States Info Technology 2.3
Total 36.4
“China” indicates a company whose business is predominantly based in mainland China, regardless of whether its securities are listed on exchanges within or outside of mainland China.
Disposition of Assets2
Long %Short %Net %Currency%
Asia-Pacific 20.3 - 20.3 23.6
China Ex PRC 8.2 - 8.2 -
Taiwan 2.7 - 2.7 2.7
India 0.1 - 0.1 0.1
Japan 1.5 - 1.5 6.0
Korea 7.8 - 7.8 7.8
Australian Dollar - - - 0.1
Hong Kong Dollar - - - 6.9
Europe 10.6 (0.6) 9.9 9.6
Austria 0.5 - 0.5 -
France 0.5 - 0.5 -
Germany 1.1 - 1.1 -
Italy 1.3 - 1.3 -
Netherlands 0.2 - 0.2 -
Norway 3.3 - 3.3 3.4
Sweden 1.0 - 1.0 1.0
United Kingdom 2.5 (0.6) 1.9 2.0
Euro - - - 2.6
Swiss Franc - - - 0.5
North America 51.6 (2.2) 49.4 66.8
Canada 4.0 - 4.0 4.0
United States 47.6 (2.2) 45.4 62.8
Sub-Total 82.5 (2.8) 79.7 100.0
Cash 17.5 - 20.3 -
Total 100.0 - 100.0 100.0
Long: 53 stocks, 1 swap. Short: 5 swaps.
Top 10 Positions3
StockCountryIndustry%
Alphabet Inc United States Comm Services 6.7
Facebook Inc United States Comm Services 4.4
Constellation Soft Canada Info Technology 4.0
Samsung Electronics Co Ltd Korea Info Technology 4.0
Tencent Holdings China Comm Services 3.8
Microchip Technology United States Info Technology 3.1
Taiwan Semiconductor Taiwan Info Technology 2.7
Samsung SDI Co Korea Info Technology 2.6
IHS Markit Ltd United States Industrials 2.6
Skyworks Solutions United States Info Technology 2.3
Total 36.4
“China” indicates a company whose business is predominantly based in mainland China, regardless of whether its securities are listed on exchanges within or outside of mainland China.
All data as at [31 August 2019] .
  1. “Long %” represents the Fund’s effective exposures to the relevant sectors as a percentage of the Fund’s NAV, taking into account direct stock holdings and long derivative positions (stocks and indices). “Net %” represents the Fund’s net exposures to the relevant sectors as a percentage of the Fund’s NAV, taking into account direct stock holdings and both long and short derivative positions (stocks and indices).
  2. “Long %” represents the Fund’s effective exposures to the relevant regions as a percentage of NAV through stock holdings and long derivatives (stocks and indices). “Net %” represents the Fund’s net exposures to the relevant regions as a percentage of NAV through stock holdings and both long and short derivatives (stocks and indices). “Currency %” represents the Fund’s effective exposures to the relevant currencies as a percentage of NAV through stock holdings, cash and the use of derivatives.
  3. The “Top 10 Positions” table shows the Fund’s top 10 long stock positions as a percentage of the Fund's NAV, taking into account direct stock holdings and long derivative positions.