NEW YORK (
, Singapore's $144 billion sovereign wealth fund, diversified its portfolio of U.S. stocks, according to a public filing it made Friday with the
Securities and Exchange Commission
Temasek had $1.26 billion across 121 U.S. stocks at the end of the third quarter, compared to $1.1 billion invested in just 14 stocks at the end of the second quarter.
It did not change its largest investment, which is a more than 47 million share stake in Bermuda-based telecommunications company
. It pared its second largest investment, in
only slightly--to some 15 million shares from just under 17 million at the end of the second quarter.
Temasek's new positions are almost all under $1 million. They include small stakes in several financial companies, among them
Bank of America
. Bank of America is the former employer of Greg Curl, who joined Temasek as its President earlier this year after being passed over as a potential replacement for outgoing bank chief Ken Lewis. Temasek is a major investor in several Asian banks, and it recently purchased Bank of America's stake in a rights offering by
China Construction Bank
Other new positions for Temasek include
Written by Dan Freed in New York
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.