Veritas Asset Management 13F, Q1 2024
Veritas Asset Management · quarter ending 31 March 2024 · filed 10 May 2024 · SEC CIK 1541448
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 33 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| ALPHABET INC | GOOGL | $1.49B | 10.8% | +11% shares |
| AMAZON COM INC | AMZN | $1.30B | 9.4% | -2% shares |
| CANADIAN PACIFIC KANSAS CITY | CP | $1.16B | 8.4% | unchanged |
| FISERV INC | FISV | $1.10B | 8.0% | unchanged |
| INTERCONTINENTAL EXCHANGE IN | ICE | $1.02B | 7.4% | -4% shares |
| THERMO FISHER SCIENTIFIC INC | TMO | $982.38M | 7.1% | unchanged |
| MASTERCARD INCORPORATED | MA | $914.20M | 6.6% | -33% shares |
| UNITEDHEALTH GROUP INC | UNH | $900.76M | 6.5% | +21% shares |
| MICROSOFT CORP | MSFT | $741.05M | 5.4% | unchanged |
| CHARTER COMMUNICATIONS INC N | CHTR | $653.66M | 4.7% | +28% shares |
| ELEVANCE HEALTH INC | ELV | $601.50M | 4.4% | unchanged |
| BECTON DICKINSON & CO | BDX | $536.18M | 3.9% | unchanged |
| COOPER COS INC | COO | $468.30M | 3.4% | new |
| MOODYS CORP | MCO | $435.32M | 3.2% | -30% shares |
| BIO RAD LABS INC | BIO | $396.75M | 2.9% | +6% shares |
| AUTOMATIC DATA PROCESSING IN | ADP | $348.73M | 2.5% | unchanged |
| CATALENT INC | $340.13M | 2.5% | -7% shares | |
| EQUIFAX INC | EFX | $175.57M | 1.3% | -54% shares |
| AON PLC | $104.08M | 0.8% | new | |
| MEDTRONIC PLC | $15.77M | 0.1% | unchanged | |
| META PLATFORMS INC | META | $13.14M | 0.1% | -30% shares |
| FRANCO NEV CORP | FNV | $12.41M | 0.1% | unchanged |
| MSC INDL DIRECT INC | MSM | $11.32M | 0.1% | unchanged |
| PHILIP MORRIS INTL INC | PM | $10.39M | 0.1% | unchanged |
| HDFC BANK LTD | HDB | $8.72M | 0.1% | -8% shares |
What changed since Q4 2023
Against the Q4 2023 filing, Veritas Asset Management opened 4 new positions, added to 4, trimmed 10, left 15 unchanged and exited 4. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-24-002133, filed by Veritas Asset Management LLP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.