Trinity Street Asset Management LLP Concentrated Active

Name: Trinity Street Asset Management LLP Q2 2026 13F Filing | 13F Explorer
Creator: Trinity Street Asset Management LLP
Published: 2026-07-10

Location: London, United Kingdom

CIK: 0001592579 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Jul 10, 2026

Total Value: $1.942B (100.0% shares, 0.0% debt)

Holdings (23)

New Positions (1)

SW SMURFIT WESTROCK PLC 12.5%

Value $243M Shares 5,261,555 Est. Cost $46.26 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SW	SMURFIT WESTROCK PLC	5,261,555	$243M	12.5%	$46.26	—	SHS	G8267P108

Increased Positions (6)

TSM TAIWAN SEMICONDUCTOR MFG LTD 22.9%

Value $445M (+46.2%) Shares 930,851 (+3.4%) Est. Cost $126.72 Unrealized —

ICLR ICON PLC 13.7%

Value $267M (+99.5%) Shares 1,535,462 (+27.1%) Est. Cost $204.78 Unrealized —

RYAAY RYANAIR HOLDINGS PLC 11.9%

Value $231M (+15.6%) Shares 3,567,449 (+3.2%) Est. Cost $65.55 Unrealized —

KB KB FINANCIAL GROUP INC 0.8%

Value $15.39M (+154.0%) Shares 146,667 (+141.4%) Est. Cost $80.37 Unrealized —

CNH CNH INDL N V 1.5%

Value $30.02M (+14.0%) Shares 2,673,464 (+11.7%) Est. Cost $10.72 Unrealized —

EFX EQUIFAX INC 1.2%

Value $23.1M (-9.5%) Shares 145,540 (+2.6%) Est. Cost $237.89 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG LTD	930,851 (+3.4%)	$445M (+46.2%)	22.9%	$126.72	—	SPONSORED ADS	874039100
ICLR	ICON PLC	1,535,462 (+27.1%)	$267M (+99.5%)	13.7%	$204.78	—	SHS	G4705A100
RYAAY	RYANAIR HOLDINGS PLC	3,567,449 (+3.2%)	$231M (+15.6%)	11.9%	$65.55	—	SPONSORED ADS	783513203
KB	KB FINANCIAL GROUP INC	146,667 (+141.4%)	$15.39M (+154.0%)	0.8%	$80.37	—	SPONSORED ADR	48241A105
CNH	CNH INDL N V	2,673,464 (+11.7%)	$30.02M (+14.0%)	1.5%	$10.72	—	SHS	N20944109
EFX	EQUIFAX INC	145,540 (+2.6%)	$23.1M (-9.5%)	1.2%	$237.89	—	COM	294429105

Decreased Positions (16)

INFY INFOSYS LTD 7.1%

Value $137M (-32.0%) Shares 13,079,146 (-12.4%) Est. Cost $16.96 Unrealized —

HDB HDFC BANK LTD 8.6%

Value $168M (-12.7%) Shares 6,493,800 (-15.9%) Est. Cost $41.51 Unrealized —

AMD ADVANCED MICRO DEVICES INC 1.5%

Value $28.29M (+172.9%) Shares 48,702 (-4.4%) Est. Cost $223.72 Unrealized —

NOC NORTHROP GRUMMAN CORP 1.1%

Value $22.03M (-28.6%) Shares 43,246 (-4.4%) Est. Cost $423.93 Unrealized —

INTU INTUIT 0.6%

Value $11.49M (-42.4%) Shares 44,025 (-4.5%) Est. Cost $615.27 Unrealized —

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.6%

Value $12.08M (-39.7%) Shares 311,959 (-4.4%) Est. Cost $79.37 Unrealized —

GOOGL ALPHABET INC 2.6%

Value $49.71M (+18.3%) Shares 139,098 (-4.8%) Est. Cost $108.20 Unrealized —

NUE NUCOR CORP 1.7%

Value $33.08M (+24.7%) Shares 148,518 (-5.3%) Est. Cost $162.43 Unrealized —

COHR COHERENT CORP 1.7%

Value $32.54M (+11.5%) Shares 82,479 (-32.6%) Est. Cost $149.58 Unrealized —

AMZN AMAZON COM INC 1.8%

Value $35.04M (+9.3%) Shares 146,998 (-4.4%) Est. Cost $133.50 Unrealized —

DHI D R HORTON INC 1.3%

Value $24.46M (+13.4%) Shares 150,163 (-4.4%) Est. Cost $156.29 Unrealized —

SARO STANDARDAERO INC 1.5%

Value $28.4M (+10.5%) Shares 949,492 (-4.5%) Est. Cost $31.28 Unrealized —

CLH CLEAN HARBORS INC 1.5%

Value $29.26M (-6.7%) Shares 97,925 (-10.5%) Est. Cost $177.11 Unrealized —

MSFT MICROSOFT CORP 1.7%

Value $33.51M (-3.7%) Shares 89,847 (-4.5%) Est. Cost $331.16 Unrealized —

UBER UBER TECHNOLOGIES INC 1.2%

Value $23.27M (-4.2%) Shares 322,528 (-4.5%) Est. Cost $85.19 Unrealized —

CI CIGNA CORP NEW 1.0%

Value $19.58M (-1.2%) Shares 71,012 (-4.4%) Est. Cost $227.35 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INFY	INFOSYS LTD	13,079,146 (-12.4%)	$137M (-32.0%)	7.1%	$16.96	—	SPONSORED ADR	456788108
HDB	HDFC BANK LTD	6,493,800 (-15.9%)	$168M (-12.7%)	8.6%	$41.51	—	SPONSORED ADS	40415F101
AMD	ADVANCED MICRO DEVICES INC	48,702 (-4.4%)	$28.29M (+172.9%)	1.5%	$223.72	—	COM	007903107
NOC	NORTHROP GRUMMAN CORP	43,246 (-4.4%)	$22.03M (-28.6%)	1.1%	$423.93	—	COM	666807102
INTU	INTUIT	44,025 (-4.5%)	$11.49M (-42.4%)	0.6%	$615.27	—	COM	461202103
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	311,959 (-4.4%)	$12.08M (-39.7%)	0.6%	$79.37	—	CL A	192446102
GOOGL	ALPHABET INC	139,098 (-4.8%)	$49.71M (+18.3%)	2.6%	$108.20	—	CAP STK CL A	02079K305
NUE	NUCOR CORP	148,518 (-5.3%)	$33.08M (+24.7%)	1.7%	$162.43	—	COM	670346105
COHR	COHERENT CORP	82,479 (-32.6%)	$32.54M (+11.5%)	1.7%	$149.58	—	COM	19247G107
AMZN	AMAZON COM INC	146,998 (-4.4%)	$35.04M (+9.3%)	1.8%	$133.50	—	COM	023135106
DHI	D R HORTON INC	150,163 (-4.4%)	$24.46M (+13.4%)	1.3%	$156.29	—	COM	23331A109
SARO	STANDARDAERO INC	949,492 (-4.5%)	$28.4M (+10.5%)	1.5%	$31.28	—	COM	85423L103
CLH	CLEAN HARBORS INC	97,925 (-10.5%)	$29.26M (-6.7%)	1.5%	$177.11	—	COM	184496107
MSFT	MICROSOFT CORP	89,847 (-4.5%)	$33.51M (-3.7%)	1.7%	$331.16	—	COM	594918104
UBER	UBER TECHNOLOGIES INC	322,528 (-4.5%)	$23.27M (-4.2%)	1.2%	$85.19	—	COM	90353T100
CI	CIGNA CORP NEW	71,012 (-4.4%)	$19.58M (-1.2%)	1.0%	$227.35	—	COM	125523100