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Portfolio (Quarterly) Guide ↗

Veritas Asset Management LLP

· CIK 0001541448
13F Portfolio $5.9B AUM 21 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 1 Added 19 Reduced 6 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 AMZN AMAZON COM INC Consumer Cyclical 2,619,324.0 $545.5M 9.24% -1.8M -40.1% $208.27 +28.9%
2 CANADIAN PACIFIC KANSAS CITY 6,854,361.0 $539.2M 9.13% -2.5M -26.6% $78.66
3 UNH UNITEDHEALTH GROUP INC Healthcare 1,882,071.0 $509.3M 8.63% -651K -25.7% $270.59 +41.7%
4 AON AON PLC Financial Services 1,520,277.0 $490.7M 8.31% -472K -23.7% $322.78 +0.4%
5 MSFT MICROSOFT CORP Technology 1,298,635.0 $480.7M 8.14% -787K -37.8% $370.17 +13.2%
6 CRM SALESFORCE INC Technology 2,253,886.0 $420.7M 7.13% -711K -24.0% $186.67 -5.5%
7 TMO THERMO FISHER SCIENTIFIC INC Healthcare 845,995.0 $415.8M 7.04% -288K -25.4% $491.53 -8.1%
8 WAT WATERS CORP Healthcare 1,200,813.0 $357.6M 6.06% -40K -3.2% $297.80 +14.6%
9 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 2,147,051.0 $337.7M 5.72% -720K -25.1% $157.28 -3.7%
10 BDX BECTON DICKINSON & CO Healthcare 2,022,830.0 $318.0M 5.39% -852K -29.6% $157.23 -7.0%
11 CHTR CHARTER COMMUNICATIONS INC Communication Services 1,113,053.0 $240.3M 4.07% -408K -26.8% $215.88 -31.0%
12 H HYATT HOTELS CORP Consumer Cyclical 1,336,247.0 $192.1M 3.25% -564K -29.7% $143.79 +22.1%
13 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 635,371.0 $186.0M 3.15% -239K -27.3% $292.75 +33.2%
14 TDG TRANSDIGM GROUP INC Industrials 133,974.0 $155.3M 2.63% -8K -5.5% $1158.96 +3.4%
15 ZTS ZOETIS INC Healthcare 1,252,898.0 $148.1M 2.51% -509K -28.9% $118.21 -32.6%
16 MDT MEDTRONIC PLC Healthcare 162,708.0 $14.1M 0.24% -18K -10.1% $86.65 -9.8%
17 MSM MSC INDL DIRECT INC Industrials 75,386.0 $7.0M 0.12% -19K -20.3% $92.27 +14.9%
18 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 4,342.0 $1.5M 0.03% -1K -20.0% $337.95 +18.8%
19 PDD PDD HOLDINGS INC Consumer Cyclical 10,020.0 $1.0M 0.02% -12K -55.5% $102.18 -4.3%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 36.3%
Financial Services 25.3%
Technology 16.8%
Consumer Cyclical 13.8%
Communication Services 4.5%
Industrials 3.0%
Consumer Defensive 0.2%