Latest Veritas Asset Management LLP Stock Portfolio
Veritas Asset Management LLP Performance:
2024 Q3: 5.82%YTD: 13.01%2023: 20.24%
Performance for 2024 Q3 is 5.82%, and YTD is 13.01%, and 2023 is 20.24%.
About Veritas Asset Management LLP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Veritas Asset Management LLP reported an equity portfolio of $13.5 Billions as of 30 Sep, 2024.
The top stock holdings of Veritas Asset Management LLP are GOOG, AMZN, CP. The fund has invested 11.4% of it's portfolio in ALPHABET INC and 10.7% of portfolio in AMAZON COM INC.
The fund managers got completely rid off FISERV INC, MOODYS CORP (MCO) and CATALENT INC (CTLT) stocks. They significantly reduced their stock positions in INFOSYS LTD (INFY), META PLATFORMS INC (META) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). Veritas Asset Management LLP opened new stock positions in SALESFORCE INC (CRM), FUTU HLDGS LTD (FUTU) and JD.COM INC (JD). The fund showed a lot of confidence in some stocks as they added substantially to AON PLC (AON), MICROSOFT CORP (MSFT) and NEW ORIENTAL ED & TECHNOLOGY.
The top stock holdings of Veritas Asset Management LLP are GOOG, AMZN, CP. The fund has invested 11.4% of it's portfolio in ALPHABET INC and 10.7% of portfolio in AMAZON COM INC.
The fund managers got completely rid off FISERV INC, MOODYS CORP (MCO) and CATALENT INC (CTLT) stocks. They significantly reduced their stock positions in INFOSYS LTD (INFY), META PLATFORMS INC (META) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). Veritas Asset Management LLP opened new stock positions in SALESFORCE INC (CRM), FUTU HLDGS LTD (FUTU) and JD.COM INC (JD). The fund showed a lot of confidence in some stocks as they added substantially to AON PLC (AON), MICROSOFT CORP (MSFT) and NEW ORIENTAL ED & TECHNOLOGY.
Veritas Asset Management LLP Annual Return Estimates Vs S&P 500
Our best estimate is that Veritas Asset Management LLP made a return of 5.82% in the last quarter. In trailing 12 months, it's portfolio return was 21.19%.
New Buys
| Ticker | $ Bought |
|---|---|
| salesforce inc | 733,805,000 |
| futu hldgs ltd | 39,547,400 |
| jd.com inc | 29,642,200 |
| tencent music entmt group | 25,151,300 |
| netease inc | 5,149,500 |
| pdd holdings inc | 3,466,640 |
| trip com group ltd | 939,410 |
New stocks bought by Veritas Asset Management LLP
Additions
| Ticker | % Inc. |
|---|---|
| aon plc | 41.55 |
| microsoft corp | 26.73 |
| new oriental ed & technology | 22.3 |
| becton dickinson & co | 9.00 |
| amazon com inc | 8.85 |
Additions to existing portfolio by Veritas Asset Management LLP
Reductions
| Ticker | % Reduced |
|---|---|
| infosys ltd | -53.69 |
| meta platforms inc | -40.01 |
| taiwan semiconductor mfg ltd | -30.88 |
| intercontinental exchange in | -19.88 |
| franco nev corp | -13.55 |
| philip morris intl inc | -10.42 |
| charter communications inc n | -9.26 |
| bio rad labs inc | -3.75 |
Veritas Asset Management LLP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| fiserv inc | -871,372,000 |
| catalent inc | -247,151,000 |
| moodys corp | -393,951,000 |
| miniso group hldg ltd | -1,041,380 |
| coca cola co | -2,952,530 |
Veritas Asset Management LLP got rid off the above stocks
Sector Distribution
Veritas Asset Management LLP has about 30.8% of it's holdings in Healthcare sector.
| Sector | % |
|---|---|
| Healthcare | 30.8 |
| Financial Services | 18 |
| Communication Services | 16.3 |
| Technology | 12.6 |
| Consumer Cyclical | 10.7 |
| Industrials | 10.5 |
| Others | 1.1 |
Market Cap. Distribution
Veritas Asset Management LLP has about 96.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 52.7 |
| LARGE-CAP | 43.5 |
| MID-CAP | 2.8 |
| UNALLOCATED | 1.1 |
Stocks belong to which Index?
About 91.1% of the stocks held by Veritas Asset Management LLP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 91.1 |
| Others | 8.9 |
Veritas Asset Management LLP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Veritas Asset Management LLP
Veritas Asset Management LLP has 34 stocks in it's portfolio. About 73% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. UNH was the most profitable stock for Veritas Asset Management LLP last quarter.
Last Reported on: 29 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ADP | automatic data processing in | 2.76 | 1,347,060 | 372,771,000 | reduced | -3.25 | ||
| AMZN | amazon com inc | 10.66 | 7,742,820 | 1,442,720,000 | added | 8.85 | ||
| AON | aon plc | 7.70 | 3,010,560 | 1,041,620,000 | added | 41.55 | ||
| BDX | becton dickinson & co | 4.09 | 2,295,200 | 553,374,000 | added | 9.00 | ||
| BIO | bio rad labs inc | 2.69 | 1,086,480 | 363,514,000 | reduced | -3.75 | ||
| CHTR | charter communications inc n | 4.80 | 2,006,080 | 650,132,000 | reduced | -9.26 | ||
| COO | cooper cos inc | 3.60 | 4,409,880 | 486,586,000 | reduced | -1.58 | ||
| CP | canadian pacific kansas city | 7.72 | 12,208,100 | 1,044,280,000 | reduced | -0.71 | ||
| CRM | salesforce inc | 5.42 | 2,680,960 | 733,805,000 | new | |||
| CTLT | catalent inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CTSH | cognizant technology solutio | 0.07 | 115,295 | 8,898,470 | unchanged | 0.00 | ||
| ELV | elevance health inc | 4.22 | 1,097,780 | 570,845,000 | reduced | -3.45 | ||
| FUTU | futu hldgs ltd | 0.29 | 413,459 | 39,547,400 | new | |||
| GOOG | alphabet inc | 11.40 | 9,300,950 | 1,542,560,000 | reduced | -1.87 | ||
| HDB | hdfc bank ltd | 0.07 | 155,817 | 9,747,910 | unchanged | 0.00 | ||
| IBN | icici bank limited | 0.10 | 429,919 | 12,833,100 | unchanged | 0.00 | ||
| ICE | intercontinental exchange in | 5.01 | 4,224,200 | 678,575,000 | reduced | -19.88 | ||
| INFY | infosys ltd | 0.03 | 194,488 | 4,331,250 | reduced | -53.69 | ||
| JD | jd.com inc | 0.22 | 741,055 | 29,642,200 | new | |||
| KO | coca cola co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||