Troy Asset Management Ltd’s portfolio moves, tracked quarter by quarter, offer a running look at how this institutional investor rotates capital across its equity holdings. Like all money managers overseeing more than $100 million in US-listed securities, Troy discloses its long positions each quarter via SEC Form 13F. These filings are a snapshot of holdings as of the quarter’s end, not a real-time trade blotter, so the changes below reflect net positioning during the quarter ending 2026-06-30 rather than specific transaction dates.
This page will be refreshed after each new 13F deadline, giving a continuous record of buy-side conviction and trims across Troy’s book. Reading these filings alongside peers is a common way investors compare buy side vs sell side sentiment on the same names, and it’s part of why 13F trackers for large, steady allocators remain popular alongside tools like a Berkshire Hathaway portfolio tracker.
New Positions and Full Exits
During the quarter ending 2026-06-30, Troy Asset Management Ltd opened two new positions: Markel Group Inc (MKL), valued at $120,127,692, and Verisign Inc, valued at $194,553,799. The fund also exited three holdings entirely — Accenture PLC-CL A (previously $27,480,020), McDonald’s Corp (previously $22,338,342), and Automatic Data Processing (previously $21,881,267).
Increases and Reductions
Several existing positions grew during the quarter. Visa Inc-Class A Shares saw the largest expansion, rising 160% from $189,602,796 to $493,228,781, then adding another 14% to reach $560,062,861. Chubb Ltd (CB) increased 15% ($247,349,794 to $285,115,742), Canadian National Railway Co rose 13% ($284,579,458 to $322,255,093), and Alcon Inc (ALC) gained 17% ($177,094,658 to $207,564,521). Alphabet Inc-CL A and Agilent Technologies Inc (A) each show mixed movement this quarter — Alphabet was reduced 28% before increasing 8% to end at $458,295,219, while Agilent was trimmed 16% before rising 29% to close at $355,539,021. Hubbell Inc (HUBB) followed a similar pattern, first climbing 11% then pulling back 16% to $229,289,261.
On the reduction side, Microsoft Corp (MSFT) was cut 26% ($344,289,078 to $254,407,476), Paychex Inc (PAYX) was reduced 48% ($64,589,318 to $33,711,314), Adobe Inc (ADBE) fell 24% ($127,584,670 to $97,116,744), and Verisign was trimmed 13% shortly after being initiated, closing at $168,755,756.
None of this is investment advice — it’s a factual record of disclosed institutional activity, intended to help readers follow how Troy Asset Management Ltd’s holdings evolve over time. Check back after the next 13F filing deadline for the following quarter’s updates.
Related ticker coverage
- MKL — all coverage →
- A — all coverage →
- CB — all coverage →
- ALC — all coverage →
- HUBB — all coverage →
- ADP — all coverage →
- ADBE — all coverage →
- MSFT — all coverage →
- PAYX — all coverage →
Source: SEC Form 13F filings. This page updates every quarter.