AI Portfolio Summary
In 2025 Q4, Veritas Asset Management LLP maintained a portfolio of 32 distinct positions. The most significant new addition to the portfolio was TRANSDIGM GROUP INC, which now represents 1.93% of the total fund value. They heavily accumulated shares in WATERS CORP, increasing their position by 112.3%. Conversely, Veritas Asset Management LLP completely exited their position in TAL EDUCATION GROUP.
Total Positions
32
Quarter
2025 Q4
Top Holding
AMZN (10.3%)
Top 10 Concentration
74.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-32 of 32
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 10.34% | 10.76% |
#1
1
Prev: #2
|
6.5 | -211,919 | -4.6% |
P
S
|
4,375,845 | $1,010,032,543 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 10.32% | 12.07% |
#2
1
Prev: #1
|
6.0 | -95,835 | -4.4% |
P
S
|
2,085,994 | $1,008,828,418 | 2011 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UNH
UNITEDHEALTH GR...
|
Healthcare | 8.55% | 9.79% |
#3
Prev: #3
|
4.9 | -120,364 | -4.5% |
P
S
|
2,532,631 | $836,046,819 | 2011 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRM
SALESFORCE INC
|
Technology | 8.04% | 7.70% |
#4
2
Prev: #6
|
4.2 | -74,515 | -2.5% |
P
S
|
2,965,053 | $785,472,190 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AON
AON PLC
|
Financial Services | 7.19% | 7.82% |
#5
1
Prev: #4
|
3.9 | -61,220 | -3.0% |
P
S
|
1,992,453 | $703,096,815 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CP
CANADIAN PACIFI...
|
Industrials | 7.04% | 7.73% |
#6
1
Prev: #5
|
3.3 | -373,197 | -3.8% |
P
S
|
9,344,449 | $688,031,780 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TMO
THERMO FISHER S...
|
Healthcare | 6.72% | 6.31% |
#7
Prev: #7
|
3.2 | -84,236 | -6.9% |
P
S
|
1,133,869 | $657,020,392 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
ALPHABET INC
|
Communication Services | 5.88% | 5.93% |
#8
Prev: #8
|
2.9 | -447,413 | -19.6% |
P
S
|
1,836,779 | $574,911,827 | 2015 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BDX
BECTON DICKINSO...
|
Healthcare | 5.71% | 5.91% |
#9
Prev: #9
|
2.8 | -80,319 | -2.7% |
P
S
|
2,874,579 | $557,869,547 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WAT
WATERS CORP
|
Healthcare | 4.82% | 1.87% |
#10
6
Prev: #16
|
4.9 | 656,436 | 112.3% |
P
S
|
1,241,206 | $471,447,275 | 2012 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ICE
INTERCONTINENTA...
|
Financial Services | 4.75% | 3.70% |
#11
1
Prev: #12
|
4.4 | 813,223 | 39.6% |
P
S
|
2,867,517 | $464,423,053 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MA
MASTERCARD INCO...
|
Financial Services | 4.60% | 4.04% |
#12
1
Prev: #11
|
3.8 | 123,602 | 18.6% |
P
S
|
787,850 | $449,767,808 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CHTR
CHARTER COMMUNI...
|
Communication Services | 3.25% | 4.54% |
#13
3
Prev: #10
|
1.8 | -23,397 | -1.5% |
P
S
|
1,521,130 | $317,535,888 | 2016 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ELV
ELEVANCE HEALTH...
|
Healthcare | 3.13% | 3.12% |
#14
1
Prev: #13
|
1.8 | -28,907 | -3.2% |
P
S
|
873,993 | $306,378,246 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
H
HYATT HOTELS CO...
|
Consumer Cyclical | 3.12% | 0.31% |
#15
4
Prev: #19
|
4.2 | 1,695,616 | 827.9% |
P
S
|
1,900,417 | $304,674,853 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ZTS
ZOETIS INC
|
Healthcare | 2.27% | 2.79% |
#16
2
Prev: #14
|
1.4 | -24,265 | -1.4% |
P
S
|
1,762,032 | $221,698,866 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TDG
TRANSDIGM GROUP...
|
Industrials | 1.93% | — |
#17
Prev: #—
|
4.3 | 141,842 | no change |
NEW
|
141,842 | $188,628,584 | 2011 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIO
BIO RAD LABS IN...
|
Healthcare | 1.68% | 2.53% |
#18
3
Prev: #15
|
0.7 | -300,704 | -35.6% |
P
S
|
543,335 | $164,625,072 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MDT
MEDTRONIC PLC
|
Healthcare | 0.18% | 0.18% |
#19
1
Prev: #20
|
1.1 | no change | no change |
P
S
|
181,007 | $17,387,532 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PM
PHILIP MORRIS I...
|
Consumer Defensive | 0.11% | 0.12% |
#20
1
Prev: #21
|
1.0 | no change | no change |
P
S
|
67,036 | $10,752,574 | 2011 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HDB
HDFC BANK LTD
|
Financial Services | 0.08% | 0.08% |
#21
3
Prev: #24
|
1.0 | no change | no change |
P
S
|
224,364 | $8,198,261 | 2013 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSM
MSC INDL DIRECT...
|
Industrials | 0.08% | 0.09% |
#22
1
Prev: #23
|
1.0 | no change | no change |
P
S
|
94,539 | $7,950,730 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CTSH
COGNIZANT TECHN...
|
Technology | 0.07% | 0.06% |
#23
3
Prev: #26
|
1.0 | no change | no change |
P
S
|
78,090 | $6,481,470 | 2016 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NTES
NETEASE INC
|
Communication Services | 0.05% | 0.07% |
#24
1
Prev: #25
|
0.0 | -10,506 | -24.2% |
P
S
|
32,957 | $4,535,542 | 2013 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SE
SEA LTD
|
Consumer Cyclical | 0.03% | — |
#25
Prev: #—
|
3.5 | 22,860 | no change |
NEW
|
22,860 | $2,916,250 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PDD
PDD HOLDINGS IN...
|
Consumer Cyclical | 0.03% | 0.03% |
#26
1
Prev: #27
|
1.0 | no change | no change |
P
S
|
22,506 | $2,551,955 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSM
TAIWAN SEMICOND...
|
Technology | 0.02% | 0.03% |
#27
1
Prev: #28
|
0.0 | -4,531 | -45.5% |
P
S
|
5,429 | $1,649,819 | 2014 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TAL
TAL EDUCATION G...
|
Consumer Defensive | 0.00% | 0.00% |
Sold All 😨
(Was: #30) |
0.0 | -40,746 | -100.0% |
CLOSED
|
— | $— | 2016 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
YMM
FULL TRUCK ALLI...
|
Technology | 0.00% | 0.02% |
Sold All 😨
(Was: #29) |
0.0 | -111,136 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HLT
HILTON WORLDWID...
|
Consumer Cyclical | 0.00% | 0.09% |
Sold All 😨
(Was: #22) |
0.0 | -34,159 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FUTU
FUTU HLDGS LTD
|
Financial Services | 0.00% | 0.78% |
Sold All 😨
(Was: #18) |
0.0 | -420,857 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SCHW
SCHWAB CHARLES ...
|
Financial Services | 0.00% | 1.52% |
Sold All 😨
(Was: #17) |
0.0 | -1,488,189 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-32 of 32 holdings