Veritas Asset Management LLP
CIK 1541448 · View on SEC EDGAR ↗
- Portfolio value
- $5.6B
- Positions
- 21
- As of
- June 30, 2026
Portfolio value QoQ: -5.8% 13F does not disclose cash
- Top 10 holdings weight
- 77.26%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 16
- Effective number of positions
- 14.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 14.73% Est. buys $844,346,777 · sells $1,724,757,174
Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 43.8% still held
- New positions
- 4
- Increased
- 2
- Decreased
- 15
- Closed
- 4
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: -5.1% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 21 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com, Inc. - Common Stock | $543,449,521 | 9.78% | 2,280,144 | $-2,077,088 | Down ×6 | ||
| MA Mastercard Incorporated Common Stock | $511,209,192 | 9.20% | 995,345 | $-20,086,281 | Down ×1 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $496,319,676 | 8.93% | 5,727,867 | $-42,844,360 | Down ×6 | ||
| AON Aon plc Class A Ordinary Shares (Ireland) | $467,056,338 | 8.40% | 1,408,111 | $-23,658,672 | Down ×3 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $448,132,682 | 8.06% | 1,078,201 | $-61,136,910 | Down ×4 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $442,637,207 | 7.96% | 882,873 | $26,805,285 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $422,137,035 | 7.59% | 1,131,674 | $-58,578,683 | Down ×4 | ||
| SPGI S&P Global Inc. Common Stock | $338,273,821 | 6.08% | 830,609 | Up ×1 | |||
| WAT Waters Corporation Common Stock | $319,393,065 | 5.75% | 851,624 | $-38,209,046 | Down ×2 | ||
| VMC Vulcan Materials Company (Holding Company) Common Stock | $306,641,064 | 5.52% | 1,039,426 | Up ×1 | |||
| H Hyatt Hotels Corporation Class A Common Stock | $257,102,010 | 4.62% | 1,326,362 | $64,963,054 | Down ×2 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $244,199,888 | 4.39% | 1,983,591 | $-93,488,293 | Down ×2 | ||
| BDX Becton, Dickinson and Company Common Stock | $210,852,478 | 3.79% | 1,393,329 | $-107,197,083 | Down ×3 | ||
| TDG Transdigm Group Incorporated Common Stock | $183,780,227 | 3.31% | 137,969 | $28,509,720 | Up ×1 | ||
| SYK Stryker Corporation Common Stock | $168,056,555 | 3.02% | 533,784 | Up ×1 | |||
| ELV Elevance Health, Inc. Common Stock | $165,780,323 | 2.98% | 428,672 | $-20,224,537 | Down ×6 | ||
| PM Philip Morris International Inc Common Stock | $9,296,422 | 0.17% | 51,387 | $-1,787,310 | Down ×1 | ||
| CRM Salesforce, Inc. Common Stock | $8,105,745 | 0.15% | 51,741 | $-412,627,155 | Down ×3 | ||
| OTIS Otis Worldwide Corporation Common Stock | $7,564,683 | 0.14% | 105,652 | Up ×1 | |||
| MDT Medtronic plc. Ordinary Shares | $7,564,059 | 0.14% | 96,690 | $-6,534,589 | Down ×2 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $1,825,750 | 0.03% | 3,823 | $358,371 | Down ×3 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BDX | Trimmed | -630K | -$107.2M |
| ICE | Trimmed | -163K | -$93.5M |
| H | Trimmed | -10K | +$65.0M |
| UNH | Trimmed | -804K | -$61.1M |
| MSFT | Trimmed | -167K | -$58.6M |
| CP | Trimmed | -1.1M | -$42.8M |
| WAT | Trimmed | -349K | -$38.2M |
| TDG | Bought more | +4K | +$28.5M |
| TMO | Bought more | +37K | +$26.8M |
| AON | Trimmed | -112K | -$23.7M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| GOOGL | March 31, 2026 | 1,836,779 | $574,911,827 | 18.9% |
| COO | June 30, 2025 | 3,847,698 | $324,553,326 | 6.5% |
| CHTR | June 30, 2026 | 1,113,053 | $240,285,882 | 3.5% |
| BIO | March 31, 2026 | 543,335 | $164,625,072 | 34.1% |
| ZTS | June 30, 2026 | 1,252,898 | $148,105,073 | 6.6% |
| SCHW | Dec. 31, 2025 | 1,488,189 | $142,077,404 | 11.3% |
| FUTU | Dec. 31, 2025 | 420,857 | $73,191,241 | -28.8% |
| TME | June 30, 2025 | 1,507,402 | $21,721,663 | -54.4% |
| CPNG | Sept. 30, 2025 | 513,138 | $15,373,614 | -50.0% |
| FNV | June 30, 2025 | 72,266 | $11,386,231 | 60.8% |
| HSAI | Sept. 30, 2025 | 500,635 | $10,988,938 | -32.7% |
| HLT | Dec. 31, 2025 | 34,159 | $8,862,211 | 15.1% |
| HDB | March 31, 2026 | 224,364 | $8,198,261 | -5.4% |
| ADP | March 31, 2025 | 26,791 | $7,842,529 | -8.7% |
| MSM | June 30, 2026 | 75,386 | $6,955,866 | -0.3% |
| CTSH | March 31, 2026 | 78,090 | $6,481,470 | -0.8% |
| NTES | March 31, 2026 | 32,957 | $4,535,542 | 14.1% |
| SE | March 31, 2026 | 22,860 | $2,916,250 | 41.0% |
| EDU | March 31, 2025 | 26,038 | $1,671,119 | 16.6% |
| YMM | Dec. 31, 2025 | 111,136 | $1,441,434 | -18.8% |
| PDD | June 30, 2026 | 10,020 | $1,023,844 | 16.3% |
| TCOM | June 30, 2025 | 13,568 | $862,653 | -21.5% |
| BEKE | Sept. 30, 2025 | 48,473 | $859,911 | -9.6% |
| JD | Sept. 30, 2025 | 22,792 | $743,931 | -16.3% |
| IBN | Sept. 30, 2025 | 15,424 | $518,863 | -1.2% |
| TAL | Dec. 31, 2025 | 40,746 | $456,355 | 2.6% |
| VNET | Sept. 30, 2025 | 50,306 | $347,111 | -35.2% |