Latest Veritas Investment Partners (UK) Ltd. Stock Portfolio

Veritas Investment Partners (UK) Ltd. Performance:

2024 Q3: 3.3%YTD: 5.5%2023: 21.18%

Performance for 2024 Q3 is 3.3%, and YTD is 5.5%, and 2023 is 21.18%.

About Veritas Investment Partners (UK) Ltd. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Meridiem Investment Management Ltd. reported an equity portfolio of $5.6 Billions as of 30 Sep, 2024.

The top stock holdings of Meridiem Investment Management Ltd. are UNH, , TMO. The fund has invested 7.4% of it's portfolio in UNITEDHEALTH GROUP INC and 6.6% of portfolio in FISERV INC.

The fund managers got completely rid off CVS HEALTH CORP (CVS), DEXCOM INC (DXCM) and VISA INC (V) stocks. They significantly reduced their stock positions in NIKE INC (NKE), AMERICAN EXPRESS CO (AXP) and NVIDIA CORPORATION (NVDA). Meridiem Investment Management Ltd. opened new stock positions in AMETEK INC (AME), CADENCE DESIGN SYSTEM INC (CDNS) and PROCTER AND GAMBLE CO (PG). The fund showed a lot of confidence in some stocks as they added substantially to JPMORGAN CHASE & CO (JPM), MSCI INC (MSCI) and S&P GLOBAL INC (SPGI).

Veritas Investment Partners (UK) Ltd. Annual Return Estimates Vs S&P 500

Our best estimate is that Meridiem Investment Management Ltd. made a return of 3.3% in the last quarter. In trailing 12 months, it's portfolio return was 13.21%.

New Buys

Ticker	$ Bought
ametek inc	130,579,000
cadence design system inc	129,285,000
procter and gamble co	398,326
pepsico inc	323,057
nextera energy inc	237,515
palo alto networks inc	222,183
marvell technology inc	180,313
linde plc	159,706

New stocks bought by Veritas Investment Partners (UK) Ltd.

Additions

Ticker	% Inc.
jpmorgan chase & co	385
msci inc	122
s&p global inc	35.00
alphabet inc	2.23
synopsys inc	1.65
amazon com inc	1.2
avery dennison corp	0.73
adobe systems incorporated	0.7

Additions to existing portfolio by Veritas Investment Partners (UK) Ltd.

Reductions

Ticker	% Reduced
nike inc	-99.78
american express co	-46.43
nvidia corporation	-40.48
mcdonalds corp	-37.86
meta platforms inc	-28.57
berkshire hathaway inc del	-23.22
taiwan semiconductor mfg ltd	-16.74
amphenol corp new	-15.82

Veritas Investment Partners (UK) Ltd. reduced stake in above stock

Sold off

Ticker	$ Sold
cvs health corp	-101,339
immunocore hldgs plc	-19,501
dexcom inc	-60,091
visa inc	-31,496

Veritas Investment Partners (UK) Ltd. got rid off the above stocks

Sector Distribution

Meridiem Investment Management Ltd. has about 33.5% of it's holdings in Technology sector.

Sector	%
Technology	33.5
Healthcare	21.2
Consumer Cyclical	12.5
Financial Services	11.8
Others	11.6
Industrials	5.8
Communication Services	3.5

Market Cap. Distribution

Meridiem Investment Management Ltd. has about 88.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	48.1
MEGA-CAP	40.2
UNALLOCATED	11.6

Stocks belong to which Index?

About 88.4% of the stocks held by Meridiem Investment Management Ltd. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	88.4
Others	11.6

Top 5 Winners (%)		%
PYPL	paypal hldgs inc	34.5 %
TSLA	tesla inc	32.1 %
CARR	carrier global corporation	27.6 %
WEC	wec energy group inc	22.6 %
EBAY	ebay inc	21.2 %

Top 5 Winners ($)		$
UNH	unitedhealth group inc	54.5 M
ACN	accenture plc ireland	41.5 M
TMO	thermo fisher scientific inc	36.7 M
MA	mastercard incorporated	36.5 M
ISRG	intuitive surgical inc	31.9 M

Top 5 Losers (%)		%
DG	dollar gen corp new	-36.1 %
SNPS	synopsys inc	-14.7 %
GOOG	alphabet inc	-8.8 %
GOOG	alphabet inc	-8.7 %
ADBE	adobe systems incorporated	-6.8 %

Top 5 Losers ($)		$
SNPS	synopsys inc	-43.0 M
INTU	intuit	-17.0 M
MSFT	microsoft corp	-12.8 M
GOOG	alphabet inc	-10.8 M
APH	amphenol corp new	-10.0 M

Veritas Investment Partners (UK) Ltd. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Veritas Investment Partners (UK) Ltd.

Meridiem Investment Management Ltd. has 65 stocks in it's portfolio. About 59% of the portfolio is in top 10 stocks. SNPS proved to be the most loss making stock for the portfolio. UNH was the most profitable stock for Meridiem Investment Management Ltd. last quarter.

Last Reported on: 18 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.06	13,774	3,209,290	reduced	-4.92

ABBV	abbvie inc	0.01	1,935	382,029	unchanged	0.00

ABT	abbott labs	0.00	1,570	178,972	unchanged	0.00

ACN	accenture plc ireland	5.18	823,440	291,038,000	reduced	-1.49

ADBE	adobe systems incorporated	1.93	209,972	108,714,000	added	0.7

ADP	automatic data processing in	3.46	703,207	194,586,000	reduced	-0.5

ALGN	align technology inc	2.12	467,260	118,906,000	reduced	-1.19

AMD	advanced micro devices inc	0.00	650	106,652	unchanged	0.00

AME	ametek inc	2.32	760,574	130,579,000	new

AMZN	amazon com inc	4.04	1,219,570	227,230,000	added	1.2

APH	amphenol corp new	4.34	3,743,310	243,874,000	reduced	-15.82

AVY	avery dennison corp	3.12	794,092	175,261,000	added	0.73

AXP	american express co	0.01	1,500	406,733	reduced	-46.43

BK	bank new york mellon corp	0.00	2,387	171,518	unchanged	0.00

BLK	blackrock inc	0.01	885	840,312	unchanged	0.00

BR	broadridge finl solutions in	4.12	1,078,270	231,779,000	reduced	-2.75

CARR	carrier global corporation	0.00	1,600	128,776	unchanged	0.00

CB	chubb limited	0.00	108	31,146	unchanged	0.00

CDNS	cadence design system inc	2.30	477,019	129,285,000	new

COST	costco whsl corp new	0.02	1,382	1,224,860	reduced	-10.55