Veritas Asset Management LLP

Q1 2025 13F-HR Holdings

Location
London, X0
Holdings as of
3/31/2025
Date filed
5/15/2025
Form type
13F-HR
Num holdings
35
Total value ($000)
$9,900,628
Net value change ($000)
-824,086 (-7.7%)
New positions
2
Sold out positions
2
Turnover %
0.1%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/4/2025 Next filing: 8/7/2025 SEC filing

Snapshot: Change Analysis

Compared to Q4 2024
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
MSFT 242,061 28.6%
TMO 128,968 24.1%
ELV 50,467 13.9%
UNH 44,328 5.7%
FUTU 6,438 26.7%
FNV 2,888 34.0%
MDT 1,806 12.5%
PM 1,554 12.7%
TCOM 863 NEW
NTES 755 15.4%
Top Reduces (Value $000, Stocks/ETFs)
GOOGL -401,764 -34.5%
CRM -238,867 -29.4%
AMZN -201,601 -17.5%
BIO -98,497 -30.7%
AON -63,363 -7.9%
CP -62,874 -7.8%
ICE -58,980 -10.6%
MA -53,109 -11.6%
COO -48,206 -12.9%
BDX -25,378 -5.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type