According to the information obtained by Rep. Ki Dong-min of the main opposition Minjoo Party of Korea, Apple shares in NPS’ portfolio increased by the largest margin in the January-June period. The data showed that the NPS purchased US$142 million worth of Apple shares this year, pushing up the total value of Apple shares in its portfolio to US$707 million.
Overall, shares of Alphabet account for the largest chunk of NPS’ overseas stock investments standing at US$910 million at the end of June. Apple shares came in second.
Along with Alphabet and Apple, six other IT-related companies were among NPS’ 10 largest overseas investments.
Apple was followed by Amazon at US$673 million, Microsoft at US$667 million and Facebook at US$560 million.
By Choi He-suk (firstname.lastname@example.org)