Troy Asset Management Ltd

Q1 2025 13F-HR/A Holdings

Location
London, X0
Holdings as of
3/31/2025
Date filed
11/7/2025
Form type
13F-HR/A - RESTATEMENT
Num holdings
31
Total value ($000)
$3,653,657
Net value change ($000)
+672,406 (22.6%)
New positions
5
Sold out positions
5
Turnover %
15.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/12/2025 Next filing: 11/7/2025 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)
ADBE 170,813 527.2%
A 152,240 116.5%
CNI 136,460 NEW
HUBB 132,540 NEW
CB 114,260 98.8%
GOOGL 104,752 23.8%
VRSN 75,483 39.9%
MSFT 67,228 18.8%
SYY 30,000 NEW
NKE 25,682 NEW
Top Reduces (Value $000, Stocks/ETFs)
PG -97,260 -100.0%
MCO -70,119 -82.2%
MDT -65,909 -100.0%
CSCO -34,505 -100.0%
JNJ -20,509 -100.0%
PYPL -15,193 -46.6%
ADP -14,835 -28.6%
PAYX -13,143 -12.7%
HSY -13,108 -100.0%
PEP -11,615 -25.4%
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type