Veritas Asset Management 13F, Q3 2024
Veritas Asset Management · quarter ending 30 September 2024 · filed 29 October 2024 · SEC CIK 1541448
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 34 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| ALPHABET INC | GOOGL | $1.54B | 11.4% | unchanged |
| AMAZON COM INC | AMZN | $1.44B | 10.7% | +9% shares |
| CANADIAN PACIFIC KANSAS CITY | CP | $1.04B | 7.7% | unchanged |
| AON PLC | $1.04B | 7.7% | +42% shares | |
| UNITEDHEALTH GROUP INC | UNH | $1.03B | 7.6% | unchanged |
| MICROSOFT CORP | MSFT | $959.62M | 7.1% | +27% shares |
| SALESFORCE INC | CRM | $733.80M | 5.4% | new |
| MASTERCARD INCORPORATED | MA | $714.17M | 5.3% | unchanged |
| THERMO FISHER SCIENTIFIC INC | TMO | $699.28M | 5.2% | unchanged |
| INTERCONTINENTAL EXCHANGE IN | ICE | $678.57M | 5.0% | -20% shares |
| CHARTER COMMUNICATIONS INC N | CHTR | $650.13M | 4.8% | -9% shares |
| ELEVANCE HEALTH INC | ELV | $570.84M | 4.2% | -4% shares |
| BECTON DICKINSON & CO | BDX | $553.37M | 4.1% | +9% shares |
| COOPER COS INC | COO | $486.59M | 3.6% | unchanged |
| ZOETIS INC | ZTS | $448.89M | 3.3% | unchanged |
| AUTOMATIC DATA PROCESSING IN | ADP | $372.77M | 2.8% | -3% shares |
| BIO RAD LABS INC | BIO | $363.51M | 2.7% | -4% shares |
| FUTU HLDGS LTD | FUTU | $39.55M | 0.3% | new |
| JD.COM INC | JD | $29.64M | 0.2% | new |
| TENCENT MUSIC ENTMT GROUP | TME | $25.15M | 0.2% | new |
| MEDTRONIC PLC | $16.30M | 0.1% | unchanged | |
| ICICI BANK LIMITED | IBN | $12.83M | 0.1% | unchanged |
| PHILIP MORRIS INTL INC | PM | $12.33M | 0.1% | -10% shares |
| MSC INDL DIRECT INC | MSM | $10.04M | 0.1% | unchanged |
| HDFC BANK LTD | HDB | $9.75M | 0.1% | unchanged |
What changed since Q2 2024
Against the Q2 2024 filing, Veritas Asset Management opened 7 new positions, added to 5, trimmed 10, left 12 unchanged and exited 5. 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 0001172661-24-004388, 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.