Veritas Asset Management LLP
CIK 0001541448
Annualised vol
13.539608%
Beta
0.628641
HHI
700.991538
Top-10 weight
77.261338%
VaR 95%
1.23077%
VaR 99%
2.576538%
Max drawdown
24.557878%
Matched value
72.40411%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| AMZN | REDUCED | 2,280,144 | 2,619,324 | -12.95% | 543,449,521 |
| MA | REDUCED | 995,345 | 1,063,314 | -6.39% | 511,209,192 |
| AON | REDUCED | 1,408,111 | 1,520,277 | -7.38% | 467,056,338 |
| UNH | REDUCED | 1,078,201 | 1,882,071 | -42.71% | 448,132,682 |
| TMO | ADDED | 882,873 | 845,995 | 4.36% | 442,637,207 |
| MSFT | REDUCED | 1,131,674 | 1,298,635 | -12.86% | 422,137,035 |
| SPGI | NEW | 830,609 | - | - | 338,273,821 |
| H | REDUCED | 1,326,362 | 1,336,247 | -0.74% | 257,102,010 |
| BDX | REDUCED | 1,393,329 | 2,022,830 | -31.12% | 210,852,478 |
| TDG | ADDED | 137,969 | 133,974 | 2.98% | 183,780,227 |
| SYK | NEW | 533,784 | - | - | 168,056,555 |
| PM | REDUCED | 51,387 | 67,036 | -23.34% | 9,296,422 |
| CRM | REDUCED | 51,741 | 2,253,886 | -97.7% | 8,105,745 |
| OTIS | NEW | 105,652 | - | - | 7,564,683 |
| MDT | REDUCED | 96,690 | 162,708 | -40.57% | 7,564,059 |
| ZTS | CLOSED OUT | 0 | 1,252,898 | -100.0% | 0 |
| PDD | CLOSED OUT | 0 | 10,020 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| AMZN | REDUCED | AMAZON COM INC | COM | 023135106 | 543,449,521 | 9.78 | 2280144.0 |
| MA | REDUCED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 511,209,192 | 9.2 | 995345.0 |
| - | CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | 496,319,676 | 8.93 | 5727867.0 | |
| AON | REDUCED | AON PLC | SHS CL A | G0403H108 | 467,056,338 | 8.4 | 1408111.0 |
| UNH | REDUCED | UNITEDHEALTH GROUP INC | COM | 91324P102 | 448,132,682 | 8.06 | 1078201.0 |
| TMO | ADDED | THERMO FISHER SCIENTIFIC INC | COM | 883556102 | 442,637,207 | 7.96 | 882873.0 |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 422,137,035 | 7.59 | 1131674.0 |
| SPGI | NEW | S&P GLOBAL INC | COM | 78409V104 | 338,273,821 | 6.08 | 830609.0 |
| - | WATERS CORP | COM | 941848103 | 319,393,065 | 5.75 | 851624.0 | |
| - | VULCAN MATLS CO | COM | 929160109 | 306,641,064 | 5.52 | 1039426.0 | |
| H | REDUCED | HYATT HOTELS CORP | COM CL A | 448579102 | 257,102,010 | 4.62 | 1326362.0 |
| - | INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | 244,199,888 | 4.39 | 1983591.0 | |
| BDX | REDUCED | BECTON DICKINSON & CO | COM | 075887109 | 210,852,478 | 3.79 | 1393329.0 |
| TDG | ADDED | TRANSDIGM GROUP INC | COM | 893641100 | 183,780,227 | 3.31 | 137969.0 |
| SYK | NEW | STRYKER CORPORATION | COM | 863667101 | 168,056,555 | 3.02 | 533784.0 |
| - | ELEVANCE HEALTH INC FORMERLY | COM | 036752103 | 165,780,323 | 2.98 | 428672.0 | |
| PM | REDUCED | PHILIP MORRIS INTL INC | COM | 718172109 | 9,296,422 | 0.17 | 51387.0 |
| CRM | REDUCED | SALESFORCE INC | COM | 79466L302 | 8,105,745 | 0.15 | 51741.0 |
| OTIS | NEW | OTIS WORLDWIDE CORP | COM | 68902V107 | 7,564,683 | 0.14 | 105652.0 |
| MDT | REDUCED | MEDTRONIC PLC | SHS | G5960L103 | 7,564,059 | 0.14 | 96690.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 1,825,750 | 0.03 | 3823.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-04 | 5,559,377,741 | 21 | 13.539608 | 0.628641 | 24.557878 |
| 2026-03-31 | 2026-05-14 | 5,903,025,860 | 21 | 13.717342 | 0.637611 | 22.881469 |
| 2025-12-31 | 2026-02-17 | 9,772,914,109 | 27 | 14.642369 | 0.689321 | 22.65902 |
| 2025-09-30 | 2025-11-04 | 9,360,322,001 | 30 | 14.734248 | 0.690369 | 21.878191 |
| 2025-03-31 | 2025-05-15 | 9,900,627,885 | 35 | 14.373421 | 0.675332 | 22.569199 |
| 2024-12-31 | 2025-02-04 | 10,724,713,940 | 35 | 14.544701 | 0.685743 | 22.173407 |