Troy Asset Management Ltd Long-Term Concentrated

CIK: 0001601407 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Sep 10, 2025

Total Value ($000): $4,124,672

Holdings (45)

MSFT MICROSOFT CORP 14.2%

Value ($000) $585,463 Shares 2,783,547 Est. Cost $70.41 Unrealized +185.1%

— MEDTRONIC INC 10.7%

Value ($000) $440,259 Shares 4,236,521 Est. Cost $93.22 Unrealized —

V VISA INC-CLASS A SHARES 9.8%

Value ($000) $404,285 Shares 2,021,728 Est. Cost $178.74 Unrealized +7.5%

PG PROCTER & GAMBLE 9.5%

Value ($000) $390,541 Shares 2,809,851 Est. Cost $73.65 Unrealized +58.0%

GOOGL ALPHABET INC-CL A 9.3%

Value ($000) $385,104 Shares 262,762 Est. Cost $61.96 Unrealized +22.0%

PM PHILIP MORRIS INT 6.8%

Value ($000) $280,842 Shares 3,745,064 Est. Cost $68.82 Unrealized -14.5%

BRK/A BERKSHIRE HATHAWAY-A SHS 5.3%

Value ($000) $216,641 Shares 677 Est. Cost $278940.88 Unrealized +10.0%

PAYX PAYCHEX INC 5.1%

Value ($000) $211,580 Shares 2,652,381 Est. Cost $64.31 Unrealized +0.4%

A AGILENT TECHNOLOGIES INC 4.7%

Value ($000) $193,103 Shares 1,913,048 Est. Cost $76.28 Unrealized +22.2%

FNV FRANCO-NEVADA CORP (US) 4.7%

Value ($000) $191,848 Shares 1,374,465 Est. Cost $74.28 Unrealized +90.5%

AXP AMERICAN EXPRESS CO 4.4%

Value ($000) $180,825 Shares 1,803,738 Est. Cost $80.81 Unrealized +13.7%

BDX BECTON DICKINSON AND CO 3.7%

Value ($000) $154,499 Shares 663,999 Est. Cost $219.57 Unrealized +2.6%

CL COLGATE-PALMOLIVE CO 3.0%

Value ($000) $125,087 Shares 1,621,345 Est. Cost $59.12 Unrealized +13.9%

PYPL PAYPAL HOLDINGS INC 1.1%

Value ($000) $45,820 Shares 232,552 Est. Cost $59.77 Unrealized +214.4%

PEP PEPSICO INC 0.7%

Value ($000) $27,744 Shares 200,174 Est. Cost $102.87 Unrealized +12.0%

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $26,878 Shares 180,537 Est. Cost $112.81 Unrealized +12.6%

META FACEBOOK INC-A 0.6%

Value ($000) $24,381 Shares 93,094 Est. Cost $185.51 Unrealized +38.0%

MA MASTERCARD INC - A 0.6%

Value ($000) $23,799 Shares 70,377 Est. Cost $285.26 Unrealized +10.7%

INTU INTUIT INC 0.5%

Value ($000) $19,394 Shares 59,452 Est. Cost $143.02 Unrealized +111.6%

ALC ALCON AG 0.5%

Value ($000) $18,957 Shares 333,907 Est. Cost $57.68 Unrealized +0.5%

ADP AUTOMATIC DATA PROCESSING 0.4%

Value ($000) $17,715 Shares 127,000 Est. Cost $126.11 Unrealized -0.9%

CSCO CISCO SYSTEMS INC 0.4%

Value ($000) $16,150 Shares 410,000 Est. Cost $34.08 Unrealized +8.8%

FISV FISERV INC 0.4%

Value ($000) $14,536 Shares 141,056 Est. Cost $65.66 Unrealized +51.7%

BKNG BOOKING HOLDINGS INC 0.3%

Value ($000) $12,757 Shares 7,457 Est. Cost $1870.43 Unrealized -7.6%

CME CME GROUP INC 0.3%

Value ($000) $12,214 Shares 73,000 Est. Cost $141.68 Unrealized -3.8%

SPGI S&P GLOBAL INC 0.3%

Value ($000) $11,336 Shares 31,437 Est. Cost $295.67 Unrealized +14.1%

CLX CLOROX COMPANY CLX US 0.3%

Value ($000) $10,929 Shares 52,000 Est. Cost $139.72 Unrealized +35.2%

HSY HERSHEY CO/THE 0.3%

Value ($000) $10,894 Shares 76,000 Est. Cost $108.60 Unrealized +15.0%

EMR EMERSON ELECTRIC CO 0.3%

Value ($000) $10,753 Shares 164,000 Est. Cost $54.82 Unrealized +7.2%

VZ VERIZON COMMUNICATIONS INC 0.3%

Value ($000) $10,569 Shares 177,659 Est. Cost $38.07 Unrealized +11.8%

EBAY EBAY INC 0.3%

Value ($000) $10,414 Shares 199,878 Est. Cost $32.45 Unrealized +54.8%

WU WESTERN UNION CO 0.2%

Value ($000) $10,115 Shares 472,000 Est. Cost $20.54 Unrealized —

MCD MCDONALD'S CORP 0.2%

Value ($000) $8,999 Shares 41,000 Est. Cost $154.10 Unrealized +17.7%

ACN ACCENTURE PLC-CL A 0.2%

Value ($000) $8,362 Shares 37,000 Est. Cost $163.02 Unrealized +30.2%

KO COCA-COLA CO 0.2%

Value ($000) $7,060 Shares 143,000 Est. Cost $35.39 Unrealized +15.3%

— THOMSON REUTERS CORP 0.0%

Value ($000) $1,459 Shares 13,726 Est. Cost $79.06 Unrealized —

PFE PFIZER INC 0.0%

Value ($000) $1,211 Shares 33,000 Est. Cost $22.25 Unrealized +21.9%

DIS WALT DISNEY CO/THE DIS US 0.0%

Value ($000) $764 Shares 6,156 Est. Cost $107.88 Unrealized +13.2%

WTM WHITE MOUNTAINS INSURANCE GP 0.0%

Value ($000) $518 Shares 665 Est. Cost $864.63 Unrealized 0.0%

WFC WELLS FARGO & CO 0.0%

Value ($000) $376 Shares 16,000 Est. Cost $41.42 Unrealized -47.3%

XOM EXXON MOBIL CORP 0.0%

Value ($000) $275 Shares 8,000 Est. Cost $54.34 Unrealized -40.5%

MDLZ MONDELEZ INTERNATIONAL INC-A 0.0%

Value ($000) $99 Shares 1,730 Est. Cost $34.68 Unrealized +40.0%

MO ALTRIA GROUP INC 0.0%

Value ($000) $97 Shares 2,500 Est. Cost $36.14 Unrealized -24.8%

— KRAFT HEINZ CO 0.0%

Value ($000) $17 Shares 576 Est. Cost $32.99 Unrealized —

— GENERAL ELECTRIC CO 0.0%

Value ($000) $3 Shares 560 Est. Cost $25.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	2,783,547	$585,463	14.2%	$70.41	+185.1%	—	594918104
—	MEDTRONIC INC	4,236,521	$440,259	10.7%	$93.22	—	—	585055106
V	VISA INC-CLASS A SHARES	2,021,728	$404,285	9.8%	$178.74	+7.5%	—	92826C839
PG	PROCTER & GAMBLE	2,809,851	$390,541	9.5%	$73.65	+58.0%	—	742718109
GOOGL	ALPHABET INC-CL A	262,762	$385,104	9.3%	$61.96	+22.0%	—	02079K305
PM	PHILIP MORRIS INT	3,745,064	$280,842	6.8%	$68.82	-14.5%	—	718172109
BRK/A	BERKSHIRE HATHAWAY-A SHS	677	$216,641	5.3%	$278940.88	+10.0%	—	084670108
PAYX	PAYCHEX INC	2,652,381	$211,580	5.1%	$64.31	+0.4%	—	704326107
A	AGILENT TECHNOLOGIES INC	1,913,048	$193,103	4.7%	$76.28	+22.2%	—	00846U101
FNV	FRANCO-NEVADA CORP (US)	1,374,465	$191,848	4.7%	$74.28	+90.5%	—	351858105
AXP	AMERICAN EXPRESS CO	1,803,738	$180,825	4.4%	$80.81	+13.7%	—	025816109
BDX	BECTON DICKINSON AND CO	663,999	$154,499	3.7%	$219.57	+2.6%	—	075887109
CL	COLGATE-PALMOLIVE CO	1,621,345	$125,087	3.0%	$59.12	+13.9%	—	194162103
PYPL	PAYPAL HOLDINGS INC	232,552	$45,820	1.1%	$59.77	+214.4%	—	70450Y103
PEP	PEPSICO INC	200,174	$27,744	0.7%	$102.87	+12.0%	—	713448108
JNJ	JOHNSON & JOHNSON	180,537	$26,878	0.7%	$112.81	+12.6%	—	478160104
META	FACEBOOK INC-A	93,094	$24,381	0.6%	$185.51	+38.0%	—	30303M102
MA	MASTERCARD INC - A	70,377	$23,799	0.6%	$285.26	+10.7%	—	57636Q104
INTU	INTUIT INC	59,452	$19,394	0.5%	$143.02	+111.6%	—	461202103
ALC	ALCON AG	333,907	$18,957	0.5%	$57.68	+0.5%	—	H01301128
ADP	AUTOMATIC DATA PROCESSING	127,000	$17,715	0.4%	$126.11	-0.9%	—	053015103
CSCO	CISCO SYSTEMS INC	410,000	$16,150	0.4%	$34.08	+8.8%	—	17275R102
FISV	FISERV INC	141,056	$14,536	0.4%	$65.66	+51.7%	—	337738108
BKNG	BOOKING HOLDINGS INC	7,457	$12,757	0.3%	$1870.43	-7.6%	—	09857L108
CME	CME GROUP INC	73,000	$12,214	0.3%	$141.68	-3.8%	—	12572Q105
SPGI	S&P GLOBAL INC	31,437	$11,336	0.3%	$295.67	+14.1%	—	78409V104
CLX	CLOROX COMPANY CLX US	52,000	$10,929	0.3%	$139.72	+35.2%	—	189054109
HSY	HERSHEY CO/THE	76,000	$10,894	0.3%	$108.60	+15.0%	—	427866108
EMR	EMERSON ELECTRIC CO	164,000	$10,753	0.3%	$54.82	+7.2%	—	291011104
VZ	VERIZON COMMUNICATIONS INC	177,659	$10,569	0.3%	$38.07	+11.8%	—	92343V104
EBAY	EBAY INC	199,878	$10,414	0.3%	$32.45	+54.8%	—	278642103
WU	WESTERN UNION CO	472,000	$10,115	0.2%	$20.54	—	—	959802109
MCD	MCDONALD'S CORP	41,000	$8,999	0.2%	$154.10	+17.7%	—	580135101
ACN	ACCENTURE PLC-CL A	37,000	$8,362	0.2%	$163.02	+30.2%	—	G1151C101
KO	COCA-COLA CO	143,000	$7,060	0.2%	$35.39	+15.3%	—	191216100
—	THOMSON REUTERS CORP	13,726	$1,459	0.0%	$79.06	—	—	884903105
PFE	PFIZER INC	33,000	$1,211	0.0%	$22.25	+21.9%	—	717081103
DIS	WALT DISNEY CO/THE DIS US	6,156	$764	0.0%	$107.88	+13.2%	—	254687106
WTM	WHITE MOUNTAINS INSURANCE GP	665	$518	0.0%	$864.63	0.0%	—	G9618E107
WFC	WELLS FARGO & CO	16,000	$376	0.0%	$41.42	-47.3%	—	949746101
XOM	EXXON MOBIL CORP	8,000	$275	0.0%	$54.34	-40.5%	—	30231G102
MDLZ	MONDELEZ INTERNATIONAL INC-A	1,730	$99	0.0%	$34.68	+40.0%	—	609207105
MO	ALTRIA GROUP INC	2,500	$97	0.0%	$36.14	-24.8%	—	02209S103
—	KRAFT HEINZ CO	576	$17	0.0%	$32.99	—	—	50075N104
—	GENERAL ELECTRIC CO	560	$3	0.0%	$25.00	—	—	369604103