Here are Flow’s holdings, as of June 2025, comprising 20 businesses (offense) and a money market fund (defense), sorted by portfolio weight.
XL - Phillip Money Market Fund (https://phillipfunds.com/phillip-sgd-money-market-fund/)
XL - Venture Corp (https://www.venture.com.sg/)
XL - Centurion Corp (https://centurioncorp.com.sg/)
XL - Propnex Ltd (https://www.propnex.com/)
L - LHN Group (https://www.lhngroup.com/)
M - Boustead Singapore (https://boustead.sg/)
M - Keppel Pacific Oak US Reit (https://www.koreusreit.com/)
M - Stoneweg European Reit (https://www.stonewegeuropeanreit.com.sg/)
M - Haw Par Corp (https://www.hawpar.com/)
S - UOB Kayhian (https://www.uobkayhian.com/)
S - PanUnited (https://www.panunited.com.sg/)
S - Bumitama Agri (https://bumitama-agri.com/)
S - Far East Hospitality Trust (https://www.fehtrust.com/)
S - Kimly Group (https://kimlygroup.sg/)
S - Food Empire (https://www.foodempire.com/)
S - Frencken (https://www.frenckengroup.com/)
S - UMS Integration (https://www.umsgroup.com.sg/)
S - SBS Transit (https://www.sbstransit.com.sg/)
S - The Hour Glass (https://www.thehourglass.com/)
S - Delfi Ltd (https://www.delfilimited.com/)
S - HRnet Group (https://www.hrnetgroup.com/)
(S : 1%-2% • M : 3%-4% • L : 5%-6% • XL : 7% and more)