Veritas Asset Management LLP

Q2 2025 13F-HR Holdings

Location
London, X0
Holdings as of
6/30/2025
Date filed
8/7/2025
Form type
13F-HR
Num holdings
34
Total value ($000)
$9,995,650
Net value change ($000)
+95,022 (1.0%)
New positions
3
Sold out positions
4
Turnover %
5.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 5/15/2025 Next filing: 11/4/2025 SEC filing

Snapshot: Change Analysis

Compared to Q1 2025
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 407,314 37.4%
HLT 172,639 NEW
UNH 142,595 17.2%
AMZN 99,053 10.4%
GOOGL 72,278 9.5%
CP 46,607 6.2%
CHTR 32,798 5.3%
SCHW 23,295 13.0%
CPNG 15,374 NEW
HSAI 10,989 NEW
Top Reduces (Value $000, Stocks/ETFs)
COO -324,553 -100.0%
TMO -151,050 -22.8%
AON -120,225 -16.4%
ICE -103,594 -20.7%
BDX -79,342 -18.0%
ELV -59,215 -14.3%
ZTS -23,784 -7.7%
TME -21,722 -100.0%
BIO -14,107 -6.3%
MA -13,254 -3.3%
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