HESTA Conservative
What HESTA's Conservative option holds, as disclosed at 30 June 2026. Source: HESTA portfolio holdings disclosure.
HESTA's main (default) option is Balanced Growth, shown on the HESTA page with changes over time. This option is shown for reference and is not counted in the site's totals.
Option size
$3.3bn
sum of disclosed assets
Listed shares
$763.2m
23% of the option
ASX holdings
$327.9m
306 stocks
Overseas shares
$466.2m
2,234 companies
Top ASX holdings
| Stock | Value | % of register |
|---|---|---|
| BHP BHP Group | $34.5m | 0.01% |
| CBA Commonwealth Bank of Australia | $29.4m | 0.01% |
| WBC Westpac Banking Corporation | $12.0m | 0.01% |
| NAB National Australia Bank | $11.6m | 0.01% |
| ANZ ANZ Group Holdings | $11.1m | 0.01% |
| MQG Macquarie Group | $10.4m | 0.01% |
| WES Wesfarmers | $10.4m | 0.01% |
| RIO RIO Tinto | $8.5m | 0.01% |
| GMG Goodman Group | $8.0m | 0.01% |
| WDS Woodside Energy Group | $6.2m | 0.01% |
| CSL CSL | $6.2m | 0.01% |
| TLS Telstra Group | $6.1m | 0.01% |
| WOW Woolworths Group | $5.5m | 0.01% |
| TCL Transurban Group | $4.7m | 0.01% |
| QBE QBE Insurance Group | $4.5m | 0.01% |
| ALL Aristocrat Leisure | $3.9m | 0.01% |
| BXB Brambles | $3.8m | 0.01% |
| COL Coles Group | $3.6m | 0.01% |
| FMG Fortescue | $3.4m | 0.01% |
| STO Santos | $3.1m | 0.01% |
| EVN Evolution Mining | $3.0m | 0.01% |
| SIG Sigma Healthcare | $2.9m | 0.01% |
| CPU Computershare | $2.8m | 0.01% |
| RMD Resmed | $2.7m | 0.01% |
| NST Northern Star Resources | $2.5m | 0.01% |
Where the option is invested
Overseas shares
Top overseas holdings
| Company | Value | % of listed shares |
|---|---|---|
| Nvidia NVDA | $21.8m | 2.74% |
| Alphabet (Google) GOOG | $17.4m | 2.20% |
| Apple AAPL | $16.8m | 2.11% |
| Amazon.com AMZN | $13.8m | 1.73% |
| Microsoft MSFT | $13.4m | 1.69% |
| TSMC (Taiwan Semiconductor Manufacturing) 2330 | $12.5m | 1.58% |
| Meta Platforms (Facebook) META | $7.7m | 0.96% |
| Broadcom AVGO | $6.6m | 0.84% |
| Samsung Electronics 005930 | $6.1m | 0.77% |
| Micron Technology MU | $4.8m | 0.61% |
| ASML ASML | $4.8m | 0.61% |
| Applied Materials AMAT | $4.0m | 0.50% |
| Tesla TSLA | $3.9m | 0.49% |
| Eli Lilly LLY | $3.8m | 0.47% |
| SK Hynix 000660 | $3.5m | 0.44% |
| JPMorgan Chase JPM | $3.5m | 0.44% |
| Advanced Micro Devices AMD | $3.4m | 0.43% |
| Johnson & Johnson JNJ | $3.2m | 0.40% |
| Mastercard MA | $3.1m | 0.39% |
| Visa V | $2.8m | 0.35% |
Listed shares by country
Country where the company is based (from its ISIN or home listing), not where the shares trade.
How much is HESTA Conservative invested in the US, China or India?
- Australia: $328.0m, 41.3% of HESTA's Conservative option's listed shares, at 30 June 2026.
- The US: $290.9m in companies based in the US, 36.6% of its listed shares.
- The UK: $13.8m in companies based in the UK, 1.7% of its listed shares.
- Japan: $21.1m in companies based in Japan, 2.7% of its listed shares.
- China: $6.0m in companies based in China, 0.76% of its listed shares.
- India: $3.7m in companies based in India, 0.47% of its listed shares.
- Taiwan: $17.5m in companies based in Taiwan, 2.2% of its listed shares.
- South Korea: $12.2m in companies based in South Korea, 1.5% of its listed shares.
- The Netherlands: $12.0m in companies based in the Netherlands, 1.5% of its listed shares.
Many Chinese companies are incorporated in the Cayman Islands or listed in Hong Kong, and count there: Hong Kong 0.29% and Cayman Islands 0.98%.