Veritas Asset Management LLP: 13F Portfolio Moves Tracked Quarterly

This page follows Veritas Asset Management LLP’s institutional portfolio moves as disclosed in its SEC Form 13F filings, updated every quarter as new filings become public. Each entry below reflects a snapshot of holdings at quarter-end, not the exact date a trade happened, since 13F filings report position sizes rather than trade timestamps. Use this as a running record of how the fund’s disclosed U.S. equity holdings have shifted over time.

For the quarter ending 2026-06-30, Veritas Asset Management LLP disclosed several new positions, a handful of position increases, and a longer list of trims and exits. On the buying side, the fund opened new stakes in S&P Global (SPGI) worth $338,273,821, Vulcan Materials worth $306,641,064, and Stryker (SYK) worth $168,056,555. A much smaller new position was also opened in Otis Worldwide (OTIS), valued at $7,564,683. Existing positions that grew this quarter include Hyatt Hotels (H), up 34% to $257,102,010, TransDigm Group (TDG), up 18% to $183,780,227, and Thermo Fisher Scientific (TMO), up 6% to $442,637,207.

Positions Reduced or Exited

The filing also shows a wider set of reductions. Salesforce (CRM) saw the steepest cut, down 98% from $420,732,900 to $8,105,745, effectively winding the position down to a token size. Becton Dickinson (BDX) was reduced by 34% to $210,852,478, and Intercontinental Exchange fell 28% to $244,199,888. Medtronic (MDT) was trimmed 46% to $7,564,059, though the remaining stake is small in dollar terms. Other reductions included Elevance Health (down 11% to $165,780,323), Canadian Pacific Kansas City (down 8% to $496,319,676), Microsoft (MSFT, down 12% to $422,137,035), UnitedHealth Group (UNH, down 12% to $448,132,682), Waters Corp (down 11% to $319,393,065), and Philip Morris International (down 16% to $9,296,422). Charter Communications and Zoetis (ZTS) were exited entirely, with prior values of $240,285,882 and $148,105,073 respectively, and the fund’s small MSC Industrial Direct stake, worth $6,955,866, was also closed out.

Reading the Pattern

Taken together, the quarter shows Veritas Asset Management LLP adding fresh exposure in industrials and healthcare-adjacent names like Vulcan Materials and Stryker while paring back several large, long-held positions such as Salesforce, Becton Dickinson, and Intercontinental Exchange. None of this is investment advice or a recommendation to trade any of the names mentioned; it is simply a record of what the fund’s public 13F filing shows for this period. Check back each quarter as this profile is updated with the fund’s newest disclosed moves.

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Source: SEC Form 13F filings. This page updates every quarter.

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