This article was contributed to us by Dr. Clemen Chiang, Co-Founder and CEO of Spiking.
In 2021, even as Covid wreaked havoc across global economies, Temasek delivered a one-year return of 24.53% for its shareholders as of 31 March 2021.
For investors who are thinking about wanting to start investing like Temasek, here are five US-based Temasek-owned stocks that investors may not be aware of.
#1 BlackRock (NYSE: BLK)
BlackRock is a publicly owned investment manager with over $2.9 trillion assets under management, the stock holds significant potential for returns. In 2021, the stock price grew by 18.1%. In January, BlackRock became the first public asset manager to hit $10 trillion in assets.
On Spiking’s proprietary stock trading insights platform, we can see that Temasek owned 6 million BlackRock stocks in Q2 of 2020, purchased at an average stock price of $470. With insider insights like this, users have the opportunity to purchase stocks at prices near or below investing giants like BlackRock. On 4 Feb., BlackRock stocks were trading at $809, above the average purchase price of $470 that Temasek paid in Q2 of 2020.
#2 Visa (NYSE: V)
Visa is a household name in fintech and payment technologies, facilitating digital payments among consumers, merchants, financial institutions, businesses, and government entities for over 60 years. The stock remained flat in 2021 but has gained 165% over the past five years, outperforming the S&P 500.
In January, Visa announced that cryptocurrency-linked card usage hit $2.5 billion in Q1 of 2022 — this represents 70% of Visa’s crypto volume for all of fiscal 2021. Think about that, in one quarter alone, Visa saw more cryptocurrency-linked usage than most of 2021. This was mainly driven by more merchants accepting crypto as payment. Visa counts over 100 million merchants worldwide that accept crypto as an alternative payment method. After Visa reported earnings on 27 Jan., the shares spiked 5% after a better-than-expected earnings report. By options trading ahead of this report, Spiking profited $47,920, making a 47% return, in one day using the platform.
#3 Bill.com (NYSE: BILL)
Bill.com is a cloud-based software that simplifies, digitises and automates back-office financial operations for small and midsize businesses worldwide. Shares of Bill.com spiked 36%, after Q2 earnings revealed core revenue increased 197% year-over-year. In Q2, Bill.com served 135,000 customers; 15,500 businesses that used the company’s subsidiary Divvy, a business expense management platform; and 223,000 subscribers that used its subsidiary Invoice2go, a mobile-first accounts receivable software provider. In Q1 2020, Temasek owned 5.6 million shares of Bill.com purchased an average price of $43.87. Since then, the stock value has increased by more than five times and is currently trading at $231.67 as of 4 Feb 2022.
On Spiking, the platform also tracks the highest and lowest price that Temasek paid for the stock per quarter. The Spiking platform can also shed insight on which investors purchased or sold Bill.com in recent quarters. For example, in Q3 2021, 266 funds purchased the stock while 175 funds sold. Of the funds that purchased Bill.com in Q3 2021, one of them was Gabriel “Gabe” Plotkin of Melvin Capital Management, which purchased $400 million worth of stocks at an average price of $238.97.
#4 Roblox (NYSE: RBLX)
Roblox is a well-known online entertainment platform that allows users to explore 3D digital worlds and marks a foray into the 3D metaverse. The stock hit its peak price in November 2021 and is currently 40% below its peak price. Roblox is a good example of the futuristic “metaverse” where users live and play together in a virtual playground. Similar to what we offer our community during Spiking’s webinars, let’s dive deeper into the impact and significance of the metaverse by looking at two other companies: Facebook and Microsoft.
In November 2021, Facebook changed its name to Meta, which Facebook’s CEO Mark Zuckerberg said, “is the next frontier in connecting people, just like social networking was when we got started.” In January, Microsoft announced it was acquiring Activision Blizzard for $69 billion, the highest price ever paid by a US technology company in an acquisition. In announcing the acquisition, Microsoft’s CEO Satya Nadella said, “Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms.”
In essence, gaming is the new social media and Roblox is one of the most successful players in the metaverse.
#5 DoorDash (NYSE: DASH)
DoorDash is a logistics platform that connects merchants, consumers, and delivery, which solves challenges with on-demand access to e-commerce. In November 2021, DoorDash’s stock price spiked 17% after it announced its acquisition of Finnish food-delivery startup Wolt Enterprises Oy for about $8 billion. This partnership lays the foundation for its international growth and helps it close the gap with its competitor Uber. DoorDash and Wolt have expanded services beyond restaurant takeaway to delivering groceries, alcohol, pet supplies, and pharmaceuticals to hedge against a slowdown in pandemic growth.
In January this year, Facebook’s parent company Meta named DoorDash’s CEO Tony Xu to its board. With Xu’s significant commerce experience, he should be able to advise Meta’s CEO Mark Zuckerberg on how to solve the complex challenges in commerce and how commerce will play a significant role in the metaverse.
The five stocks were identified using Spiking’s artificial intelligence (AI) and data-powered stock-trading insights platform. The platform transforms the trading data of top investment managers into proprietary insights that help investors make informed decisions. The platform also offers education in an effort to democratize data and to empower people to build generational wealth.
We built the easy-to-understand platform as a lifeline for investors, new and old. Spiking’s power is that it cuts down on the time required for picking stocks. On the platform, investors can access the date and volume of stock transactions, plus see the “universal net stock purchase”, which is a metric that reveals how many of the stocks have been purchased and sold. Alongside that, the platform also highlights the exact price that top investment managers purchased the stock at, allowing investors insights to purchase the stock at a price below what top fund managers paid. All this proprietary data has helped many Spiking users achieve great success as they build generational wealth alongside investment giants like Cathie Woods, Warren Buffet and Temasek.
For Spiking, trading is not a one-man job. It requires a community to share their knowledge and insights across different fields. That’s why the community and users are very important to Spiking.
Spiking Cryptos Trading Masterclass
Time: 17 & 18 Feb. 7 p.m. – 12 a.m. (both dates)
About the author
Dr. Clemen Chiang is the Co-Founder and CEO of Spiking, an AI and data-powered insights and education platform that reveals how top funds, like Temasek, and investors, like Warren Buffet, are trading stocks. Established in 2016, Spiking has received the gold award for Best Innovative Start-up from Singapore Infocomm Technology Federation (SiTF) and is supported by the National Research Foundation, Prime Minister’s Office, Singapore under the Interactive & Digital Media Strategic Research Programme. Clemen launched Spiking with the mission of democratizing data to help people build generational wealth.
Editor’s Note: A previous version of this article included the stocks’ percentage weightage in Temasek’s portfolio. We have removed it in this version.