Q2 2025 · 13F-HR
Veritas Asset Management LLPholdings as filed
Filed 2025-08-07 · accession 0001172661-25-002935
$10.00B
Reported value
34
Positions
2025-06-30
Period end
The Brief · Veritas Asset Management LLP · Q2 2025
AI · grounded in 13F
Veritas Asset Management LLP established a new position in MSFT valued at $1.5B. The fund also initiated new stakes in AMZN for $1.05B and UNH for $970M. Additional new positions include GOOGL at $837M and CP at $794M. Total assets under management stand at $10B across 34 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $1.50B | 15.0% | 3,009,598 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $1.05B | 10.5% | 4,790,137 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $969.6M | 9.70% | 3,107,991 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $836.7M | 8.37% | 4,747,543 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $793.5M | 7.94% | 10,010,259 | Common | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $650.2M | 6.50% | 1,590,422 | Common | SOLE |
| G0403H108 | AON | AON PLC | $614.0M | 6.14% | 1,720,988 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $562.8M | 5.63% | 2,063,844 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $512.3M | 5.13% | 1,263,447 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $396.3M | 3.96% | 2,160,038 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $390.7M | 3.91% | 695,212 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $362.1M | 3.62% | 2,102,044 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $355.3M | 3.55% | 913,358 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $284.8M | 2.85% | 1,825,949 | Common | SOLE |
| 090572207 | BIO | BIO RAD LABS INC | $208.3M | 2.08% | 863,141 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $202.8M | 2.03% | 2,223,011 | Common | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $172.6M | 1.73% | 648,191 | Common | SOLE |
| 36118L106 | FUTU | FUTU HLDGS LTD | $36.9M | 0.37% | 298,650 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $15.8M | 0.16% | 181,007 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $15.4M | 0.15% | 513,138 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $13.2M | 0.13% | 72,383 | Common | SOLE |
| 428050108 | HSAI | HESAI GROUP | $11.0M | 0.11% | 500,635 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $10.4M | 0.10% | 135,976 | Common | SOLE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $9.0M | 0.09% | 115,295 | Common | SOLE |
| 553530106 | MSM | MSC INDL DIRECT INC | $8.0M | 0.08% | 94,539 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $7.4M | 0.07% | 55,069 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $2.4M | 0.02% | 22,506 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $2.3M | 0.02% | 9,960 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $1.3M | 0.01% | 111,136 | Common | SOLE |
| 482497104 | BEKE | KE HLDGS INC | $859,911 | 0.01% | 48,473 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $743,931 | 0.01% | 22,792 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $518,863 | 0.01% | 15,424 | Common | SOLE |
| 874080104 | TAL | TAL EDUCATION GROUP | $416,424 | 0.00% | 40,746 | Common | SOLE |
| 90138A103 | VNET | VNET GROUP INC | $347,111 | 0.00% | 50,306 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.