WESTPAC BANKING CORP

SYDNEY, C3 · CIK 719245 · 13F filing filed 2025-08-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityWESTPAC BANKING CORPORATION (AU)

$1.5bn reported value +10.1% vs Q1 2025

457positions

36.1%in top 10

26 new 142 added 187 reduced 39 sold out vs Q1 2025

This report includes the holdings of 2 other managers that share the investment decisions:

BT Funds Management (NZ) Ltd – reports through this filing
Westpac Financial Services Ltd – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	717,874	$113.4m7.58%	7.58%	Added +12.0k	+12,045 1.7%
2	MICROSOFT CORP COM MSFT	MSFT	225,182	$112.0m7.49%	7.49%	Reduced -7.1k	-7,141 -3.1%
3	APPLE INC COM AAPL	AAPL	330,157	$67.7m4.53%	4.53%	Reduced -15.2k	-15,160 -4.4%
4	AMAZON COM INC COM AMZN	AMZN	279,840	$61.4m4.10%	4.10%	Added +13.6k	+13,622 5.1%
5	META PLATFORMS INC CL A META	META	63,803	$47.1m3.15%	3.15%	Reduced -3.1k	-3,068 -4.6%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	254,984	$44.9m3.00%	3.00%	Reduced -27.7k	-27,716 -9.8%
7	BROADCOM INC COM AVGO	AVGO	110,016	$30.3m2.03%	2.03%	Added +8.4k	+8,357 8.2%
8	JPMORGAN CHASE & CO COM JPM	JPM	91,428	$26.5m1.77%	1.77%	Added +27.7k	+27,680 43.4%
9	CITIGROUP INC COM NEW C	C	217,077	$18.5m1.24%	1.24%	Added +9.4k	+9,435 4.5%
10	INTUIT COM INTU	INTU	23,322	$18.4m1.23%	1.23%	Reduced -2.0k	-2,011 -7.9%
11	MASTERCARD INCORPORATED CL A MA	MA	31,143	$17.5m1.17%	1.17%	Added +1.6k	+1,585 5.4%
12	VISA INC COM CL A V	V	45,916	$16.3m1.09%	1.09%	Added +6.1k	+6,094 15.3%
13	NETFLIX INC COM NFLX	NFLX	11,630	$15.6m1.04%	1.04%	Reduced -4.6k	-4,582 -28.3%
14	BOOKING HOLDINGS INC COM BKNG	BKNG	2,660	$15.4m1.03%	1.03%	Reduced -47	-47 -1.7%
15	TESLA INC COM TSLA	TSLA	45,152	$14.3m0.96%	0.96%	Added +10.2k	+10,216 29.2%
16	PROCTER AND GAMBLE CO COM PG	PG	88,588	$14.1m0.94%	0.94%	Added +16.6k	+16,613 23.1%
17	GOLDMAN SACHS GROUP INC COM GS	GS	19,658	$13.9m0.93%	0.93%	Reduced -384	-384 -1.9%
18	CISCO SYS INC COM CSCO	CSCO	189,491	$13.1m0.88%	0.88%	Added +5.2k	+5,200 2.8%
19	WELLTOWER INC COM WELL	WELL	75,991	$11.7m0.78%	0.78%	Reduced -8.8k	-8,820 -10.4%
20	ELI LILLY & CO COM LLY	LLY	14,576	$11.4m0.76%	0.76%	Reduced -3.3k	-3,260 -18.3%
21	CME GROUP INC COM CME	CME	40,961	$11.3m0.75%	0.75%	Added +8.3k	+8,295 25.4%
22	UNITEDHEALTH GROUP INC COM UNH	UNH	35,947	$11.2m0.75%	0.75%	Added +15.7k	+15,658 77.2%
23	QUALCOMM INC COM QCOM	QCOM	67,221	$10.7m0.72%	0.72%	Reduced -452	-452 -0.7%
24	EQUINIX INC COM EQIX	EQIX	12,635	$10.1m0.67%	0.67%	Reduced -487	-487 -3.7%
25	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	44,185	$10.0m0.67%	0.67%	Added +2.3k	+2,255 5.4%
26	VICI PPTYS INC COM VICI	VICI	301,787	$9.8m0.66%	0.66%	Added +136.7k	+136,700 82.8%
27	COLGATE PALMOLIVE CO COM CL	CL	106,760	$9.7m0.65%	0.65%	Added +22.2k	+22,244 26.3%
28	GILEAD SCIENCES INC COM GILD	GILD	86,460	$9.6m0.64%	0.64%	Added +2.0k	+2,027 2.4%
29	MERCK & CO INC COM MRK	MRK	120,576	$9.5m0.64%	0.64%	Added +3.3k	+3,253 2.8%
30	AVALONBAY CMNTYS INC COM AVB	AVB	45,695	$9.3m0.62%	0.62%	Reduced -2.1k	-2,130 -4.5%
31	CAPITAL ONE FINL CORP COM COF	COF	43,079	$9.2m0.61%	0.61%	Added +27.6k	+27,612 178.5%
32	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	157,727	$8.9m0.59%	0.59%	Added +21.9k	+21,906 16.1%
33	SCHWAB CHARLES CORP COM SCHW	SCHW	96,443	$8.8m0.59%	0.59%	Reduced -14.6k	-14,556 -13.1%
34	EVERSOURCE ENERGY COM ES	ES	135,754	$8.6m0.58%	0.58%	Added +1.6k	+1,643 1.2%
35	YUM BRANDS INC COM YUM	YUM	57,806	$8.6m0.57%	0.57%	Added +14.0k	+13,982 31.9%
36	ALPHABET INC CAP STK CL C GOOG	GOOG	47,473	$8.4m0.56%	0.56%	Reduced -5.9k	-5,891 -11.0%
37	HOWMET AEROSPACE INC COM HWM	HWM	44,360	$8.3m0.55%	0.55%	Added +3.4k	+3,374 8.2%
38	ADVANCED MICRO DEVICES INC COM AMD	AMD	58,062	$8.2m0.55%	0.55%	Added +33.1k	+33,070 132.3%
39	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	26,702	$8.2m0.55%	0.55%	Reduced -545	-545 -2.0%
40	LOWES COS INC COM LOW	LOW	36,979	$8.2m0.55%	0.55%	Added +391	+391 1.1%
41	ARISTA NETWORKS INC COM SHS ANET	ANET	79,781	$8.2m0.55%	0.55%	Reduced -378	-378 -0.5%
42	TENCENT MUSIC ENTMT GROUP SPON ADS TME	TME	412,070	$8.0m0.54%	0.54%	Reduced -31.4k	-31,383 -7.1%
43	PROLOGIS INC. COM PLD	PLD	75,761	$8.0m0.53%	0.53%	Reduced -2.7k	-2,730 -3.5%
44	AMGEN INC COM AMGN	AMGN	28,240	$7.9m0.53%	0.53%	Reduced -762	-762 -2.6%
45	GE AEROSPACE COM NEW GE	GE	29,359	$7.6m0.51%	0.51%	Added +7.1k	+7,104 31.9%
46	MCKESSON CORP COM MCK	MCK	10,223	$7.5m0.50%	0.50%	Reduced -1.1k	-1,140 -10.0%
47	KLA CORP COM NEW KLAC	KLAC	8,344	$7.5m0.50%	0.50%	Added +7.3k	+7,259 669.0%
48	ADOBE INC COM ADBE	ADBE	19,083	$7.4m0.49%	0.49%	Reduced -425	-425 -2.2%
49	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	157,882	$7.3m0.49%	0.49%	Reduced -821	-821 -0.5%
50	STRYKER CORPORATION COM SYK	SYK	18,394	$7.3m0.49%	0.49%	Reduced -237	-237 -1.3%
51	JOHNSON & JOHNSON COM JNJ	JNJ	46,737	$7.1m0.48%	0.48%	Added +782	+782 1.7%
52	SIMON PPTY GROUP INC NEW COM SPG	SPG	42,253	$6.8m0.45%	0.45%	Reduced -2.6k	-2,640 -5.9%
53	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	36,365	$6.7m0.45%	0.45%	Reduced -2.8k	-2,826 -7.2%
54	COCA COLA CO COM KO	KO	92,406	$6.5m0.44%	0.44%	Added +4.2k	+4,214 4.8%
55	VENTAS INC COM VTR	VTR	100,922	$6.4m0.43%	0.43%	Reduced -7.0k	-7,010 -6.5%
56	MORGAN STANLEY COM NEW MS	MS	44,525	$6.3m0.42%	0.42%	Reduced -1.8k	-1,785 -3.9%
57	BANK AMERICA CORP COM BAC	BAC	132,269	$6.3m0.42%	0.42%	Reduced -94.9k	-94,937 -41.8%
58	EXTRA SPACE STORAGE INC COM EXR	EXR	41,065	$6.1m0.40%	0.40%	Reduced -2.1k	-2,056 -4.8%
59	CENCORA INC COM COR	COR	19,644	$5.9m0.39%	0.39%	Unchanged
60	ILLINOIS TOOL WKS INC COM ITW	ITW	23,639	$5.8m0.39%	0.39%	Added +1.9k	+1,896 8.7%
61	AMPHENOL CORP CL A APH	APH	57,820	$5.7m0.38%	0.38%	Unchanged
62	3M CO COM MMM	MMM	36,732	$5.6m0.37%	0.37%	Reduced -4.6k	-4,589 -11.1%
63	BANK NEW YORK MELLON CORP COM BNY	BNY	60,973	$5.6m0.37%	0.37%	Unchanged
64	APPLOVIN CORP COM CL A APP	APP	15,866	$5.6m0.37%	0.37%	Added +1.0k	+1,014 6.8%
65	MSCI INC COM MSCI	MSCI	9,595	$5.5m0.37%	0.37%	Added +9.0k	+9,040 1628.8%
66	EBAY INC. COM EBAY	EBAY	74,012	$5.5m0.37%	0.37%	Unchanged
67	PFIZER INC COM PFE	PFE	226,030	$5.5m0.37%	0.37%	Added +35.4k	+35,422 18.6%
68	XCEL ENERGY INC COM XEL	XEL	79,588	$5.4m0.36%	0.36%	Added +17.8k	+17,750 28.7%
69	SYNCHRONY FINANCIAL COM SYF	SYF	78,711	$5.3m0.35%	0.35%	Unchanged
70	NETAPP INC COM NTAP	NTAP	47,523	$5.1m0.34%	0.34%	Unchanged
71	KIMBERLY-CLARK CORP COM KMB	KMB	38,957	$5.0m0.34%	0.34%	Added +4.3k	+4,347 12.6%
72	ULTA BEAUTY INC COM ULTA	ULTA	10,734	$5.0m0.34%	0.34%	Added +10.0k	+10,027 1418.2%
73	STATE STR CORP COM STT	STT	47,175	$5.0m0.34%	0.34%	Unchanged
74	MERCADOLIBRE INC COM MELI	MELI	1,912	$5.0m0.33%	0.33%	Added +4	+4 0.2%
75	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	10,277	$5.0m0.33%	0.33%	Added +6.9k	+6,933 207.3%
76	ECOLAB INC COM ECL	ECL	18,527	$5.0m0.33%	0.33%	Unchanged
77	DEERE & CO COM DE	DE	9,701	$4.9m0.33%	0.33%	Reduced -442	-442 -4.4%
78	AMERICAN TOWER CORP NEW COM AMT	AMT	22,233	$4.9m0.33%	0.33%	Reduced -167	-167 -0.8%
79	FOX CORP CL A COM FOXA	FOXA	85,129	$4.8m0.32%	0.32%	Added +8.2k	+8,204 10.7%
80	LOEWS CORP COM L	L	51,826	$4.8m0.32%	0.32%	New
81	CBRE GROUP INC CL A CBRE	CBRE	33,765	$4.7m0.32%	0.32%	Added +628	+628 1.9%
82	GEN DIGITAL INC COM GEN	GEN	157,865	$4.6m0.31%	0.31%	Added +155.0k	+155,000 5410.1%
83	AFLAC INC COM AFL	AFL	43,994	$4.6m0.31%	0.31%	Unchanged
84	KENVUE INC COM KVUE	KVUE	218,283	$4.6m0.31%	0.31%	Reduced -41.3k	-41,252 -15.9%
85	SNAP ON INC COM SNA	SNA	14,635	$4.6m0.30%	0.30%	Added +7.1k	+7,103 94.3%
86	LABCORP HOLDINGS INC COM SHS LH	LH	17,306	$4.5m0.30%	0.30%	Unchanged
87	DOVER CORP COM DOV	DOV	24,204	$4.4m0.30%	0.30%	Reduced -29	-29 -0.1%
88	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	30,754	$4.2m0.28%	0.28%	Added +6.9k	+6,900 28.9%
89	GENERAL MLS INC COM GIS	GIS	79,706	$4.1m0.28%	0.28%	Reduced -75	-75 -0.1%
90	INVITATION HOMES INC COM INVH	INVH	125,557	$4.1m0.28%	0.28%	Reduced -10.5k	-10,485 -7.7%
91	DOORDASH INC CL A DASH	DASH	16,672	$4.1m0.27%	0.27%	Added +10.4k	+10,387 165.3%
92	HCA HEALTHCARE INC COM HCA	HCA	10,692	$4.1m0.27%	0.27%	Reduced -13.4k	-13,430 -55.7%
93	EXPEDITORS INTL WASH INC COM EXPD	EXPD	35,476	$4.1m0.27%	0.27%	Unchanged
94	DIGITAL RLTY TR INC COM DLR	DLR	22,999	$4.0m0.27%	0.27%	Reduced -984	-984 -4.1%
95	NVR INC COM NVR	NVR	523	$3.9m0.26%	0.26%	Unchanged
96	AMERICAN HOMES 4 RENT CL A AMH	AMH	106,022	$3.8m0.26%	0.26%	Reduced -8.3k	-8,269 -7.2%
97	SYSCO CORP COM SYY	SYY	50,254	$3.8m0.25%	0.25%	New
98	SALESFORCE INC COM CRM	CRM	13,946	$3.8m0.25%	0.25%	Added +3.4k	+3,411 32.4%
99	ABBOTT LABS COM ABT	ABT	27,842	$3.8m0.25%	0.25%	Added +14.8k	+14,826 113.9%
100	REGENCY CTRS CORP COM REG	REG	52,201	$3.7m0.25%	0.25%	Reduced -3.0k	-3,010 -5.5%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
DISCOVER FINL SVCS DFS	DFS	26,511	$4.5m26.5k shares
ZEBRA TECHNOLOGIES CORPORATI ZBRA	ZBRA	14,794	$4.2m14.8k shares
OVINTIV INC OVV	OVV	49,609	$2.1m49.6k shares
BROADSTONE NET LEASE INC BNL	BNL	93,950	$1.6m94.0k shares
BAKER HUGHES COMPANY BKR	BKR	32,386	$1.4m32.4k shares
RAMBUS INC DEL RMBS	RMBS	26,843	$1.4m26.8k shares
PUBLIC SVC ENTERPRISE GRP IN PEG	PEG	15,797	$1.3m15.8k shares
INTERNATIONAL BUSINESS MACHS IBM	IBM	5,155	$1.3m5.2k shares
HEWLETT PACKARD ENTERPRISE C HPE	HPE	77,526	$1.2m77.5k shares
ENPHASE ENERGY INC ENPH	ENPH	11,435	$709.5k11.4k shares
MARRIOTT VACATIONS WORLDWIDE VAC	VAC	7,020	$451.0k7.0k shares
EOG RES INC EOG	EOG	2,165	$277.6k2.2k shares
WILLIAMS SONOMA INC WSM	WSM	1,536	$242.8k1.5k shares
SKYWORKS SOLUTIONS INC SWKS	SWKS	3,548	$229.3k3.5k shares
TERRENO RLTY CORP TRNO	TRNO	3,145	$198.8k3.1k shares
BARRICK GOLD CORP		8,351	$162.3k8.4k shares
ROSS STORES INC ROST	ROST	1,216	$155.4k1.2k shares
TERADYNE INC TER	TER	1,577	$130.3k1.6k shares
VOYA FINANCIAL INC VOYA	VOYA	1,785	$121.0k1.8k shares
AVANTOR INC AVTR	AVTR	7,131	$115.6k7.1k shares
MODERNA INC MRNA	MRNA	3,672	$104.1k3.7k shares
LEIDOS HOLDINGS INC LDOS	LDOS	657	$88.7k657 shares
BALL CORP BALL	BALL	1,531	$79.7k1.5k shares
JOHNSON CTLS INTL PLC JCI	JCI	951	$76.2k951 shares
CRANE COMPANY CR	CR	494	$75.7k494 shares