Troy Asset Management Ltd Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001601407 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Sep 10, 2025

Total Value: $5.86B (100.0% shares, 0.0% debt)

Holdings (37)

MSFT MICROSOFT CORP 13.6%

Value $794M Shares 2,931,104 Share Price $270.90 * Est. Cost/Share $77.25 Unrealized @ Report Date +216.8%

GOOGL ALPHABET INC-CL A 11.4%

Value $667M Shares 273,191 Share Price $2441.79 * Est. Cost/Share $63.42 Unrealized @ Report Date +82.8%

V VISA INC-CLASS A SHARES 10.1%

Value $594M Shares 2,538,692 Share Price $233.82 * Est. Cost/Share $207.53 Unrealized @ Report Date +6.5%

— MEDTRONIC INC 9.6%

Value $563M Shares 4,531,672 Share Price $124.13 Est. Cost/Share $96.03 Unrealized @ Report Date —

PM PHILIP MORRIS INT 7.8%

Value $459M Shares 4,635,607 Share Price $99.11 * Est. Cost/Share $67.24 Unrealized @ Report Date +13.6%

AXP AMERICAN EXPRESS CO 6.6%

Value $388M Shares 2,347,801 Share Price $165.23 * Est. Cost/Share $86.66 Unrealized @ Report Date +70.6%

PG PROCTER & GAMBLE 5.7%

Value $337M Shares 2,495,023 Share Price $134.93 * Est. Cost/Share $74.32 Unrealized @ Report Date +62.4%

FNV FRANCO-NEVADA CORP (US) 5.0%

Value $293M Shares 2,018,276 Share Price $145.07 * Est. Cost/Share $90.06 Unrealized @ Report Date +54.0%

A AGILENT TECHNOLOGIES INC 4.9%

Value $289M Shares 1,952,620 Share Price $147.81 * Est. Cost/Share $76.86 Unrealized @ Report Date +72.1%

PAYX PAYCHEX INC 4.2%

Value $249M Shares 2,319,264 Share Price $107.30 * Est. Cost/Share $64.74 Unrealized @ Report Date +36.4%

BRK/A BERKSHIRE HATHAWAY-A SHS 3.9%

Value $226M Shares 541 Share Price $418602.59 Est. Cost/Share $279917.22 Unrealized @ Report Date +50.2%

BDX BECTON DICKINSON AND CO 3.7%

Value $217M Shares 892,178 Share Price $243.19 * Est. Cost/Share $218.48 Unrealized @ Report Date +1.7%

CME CME GROUP INC 1.5%

Value $85.13M Shares 400,256 Share Price $212.68 * Est. Cost/Share $159.01 Unrealized @ Report Date +10.4%

MCO MOODY'S CORP MCO US 1.4%

Value $80.36M Shares 221,776 Share Price $362.37 * Est. Cost/Share $271.48 Unrealized @ Report Date +18.0%

PYPL PAYPAL HOLDINGS INC 1.0%

Value $57.9M Shares 198,627 Share Price $291.48 * Est. Cost/Share $74.43 Unrealized @ Report Date +254.1%

META FACEBOOK INC-A 1.0%

Value $56.36M Shares 162,091 Share Price $347.71 * Est. Cost/Share $229.60 Unrealized @ Report Date +38.8%

ADP AUTOMATIC DATA PROCESSING 0.8%

Value $44.59M Shares 224,500 Share Price $198.62 * Est. Cost/Share $137.20 Unrealized @ Report Date +28.5%

PEP PEPSICO INC 0.7%

Value $42.57M Shares 287,300 Share Price $148.17 * Est. Cost/Share $108.78 Unrealized @ Report Date +16.0%

INTU INTUIT INC 0.7%

Value $41.73M Shares 85,139 Share Price $490.16 * Est. Cost/Share $214.37 Unrealized @ Report Date +96.6%

MA MASTERCARD INC - A 0.6%

Value $37.36M Shares 102,334 Share Price $365.10 Est. Cost/Share $299.44 Unrealized @ Report Date +21.0%

JNJ JOHNSON & JOHNSON 0.6%

Value $36.41M Shares 221,000 Share Price $164.74 * Est. Cost/Share $117.06 Unrealized @ Report Date +23.8%

CSCO CISCO SYSTEMS INC 0.5%

Value $32.1M Shares 605,600 Share Price $53.00 * Est. Cost/Share $34.49 Unrealized @ Report Date +32.9%

ALC ALCON AG 0.5%

Value $30.91M Shares 441,419 Share Price $70.02 Est. Cost/Share $60.75 Unrealized @ Report Date +15.7%

FISV FISERV INC 0.5%

Value $26.73M Shares 250,044 Share Price $106.89 * Est. Cost/Share $86.69 Unrealized @ Report Date +34.1%

FAST FASTENAL CO 0.4%

Value $22.62M Shares 435,000 Share Price $52.00 * Est. Cost/Share $20.77 Unrealized @ Report Date +12.1%

HSY HERSHEY CO/THE 0.4%

Value $22.3M Shares 128,000 Share Price $174.19 * Est. Cost/Share $118.23 Unrealized @ Report Date +27.4%

MCD MCDONALD'S CORP 0.4%

Value $20.77M Shares 89,900 Share Price $230.99 * Est. Cost/Share $176.00 Unrealized @ Report Date +18.9%

BKNG BOOKING HOLDINGS INC 0.3%

Value $19.18M Shares 8,766 Share Price $2188.00 * Est. Cost/Share $1917.43 Unrealized @ Report Date +19.8%

WU WESTERN UNION CO 0.3%

Value $18.63M Shares 811,000 Share Price $22.97 Est. Cost/Share $22.97 Unrealized @ Report Date —

BXP BOSTON PROPERTIES INC 0.3%

Value $18.56M Shares 162,000 Share Price $114.59 * Est. Cost/Share $87.94 Unrealized @ Report Date 0.0%

ACN ACCENTURE PLC-CL A 0.3%

Value $17.48M Shares 59,300 Share Price $294.81 * Est. Cost/Share $187.48 Unrealized @ Report Date +43.0%

SPGI S&P GLOBAL INC 0.3%

Value $16.15M Shares 39,358 Share Price $410.44 * Est. Cost/Share $301.21 Unrealized @ Report Date +22.8%

EBAY EBAY INC 0.2%

Value $14.03M Shares 199,878 Share Price $70.21 * Est. Cost/Share $32.45 Unrealized @ Report Date +77.9%

CLX CLOROX COMPANY CLX US 0.2%

Value $13.44M Shares 74,700 Share Price $179.92 * Est. Cost/Share $152.55 Unrealized @ Report Date +3.2%

KO COCA-COLA CO 0.2%

Value $12.07M Shares 223,000 Share Price $54.11 * Est. Cost/Share $39.04 Unrealized @ Report Date +21.1%

CL COLGATE-PALMOLIVE CO 0.2%

Value $10.39M Shares 127,678 Share Price $81.35 * Est. Cost/Share $59.12 Unrealized @ Report Date +24.2%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.1%

Value $7.302M Shares 41,250 Share Price $177.02 Est. Cost/Share $177.53 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	2,931,104	$794M	13.6%	$270.90 *	$77.25	+216.8%	COM	594918104
GOOGL	ALPHABET INC-CL A	273,191	$667M	11.4%	$2441.79 *	$63.42	+82.8%	COM	02079K305
V	VISA INC-CLASS A SHARES	2,538,692	$594M	10.1%	$233.82 *	$207.53	+6.5%	COM	92826C839
—	MEDTRONIC INC	4,531,672	$563M	9.6%	$124.13	$96.03	—	COM	585055106
PM	PHILIP MORRIS INT	4,635,607	$459M	7.8%	$99.11 *	$67.24	+13.6%	COM	718172109
AXP	AMERICAN EXPRESS CO	2,347,801	$388M	6.6%	$165.23 *	$86.66	+70.6%	COM	025816109
PG	PROCTER & GAMBLE	2,495,023	$337M	5.7%	$134.93 *	$74.32	+62.4%	COM	742718109
FNV	FRANCO-NEVADA CORP (US)	2,018,276	$293M	5.0%	$145.07 *	$90.06	+54.0%	COM	351858105
A	AGILENT TECHNOLOGIES INC	1,952,620	$289M	4.9%	$147.81 *	$76.86	+72.1%	COM	00846U101
PAYX	PAYCHEX INC	2,319,264	$249M	4.2%	$107.30 *	$64.74	+36.4%	COM	704326107
BRK/A	BERKSHIRE HATHAWAY-A SHS	541	$226M	3.9%	$418602.59	$279917.22	+50.2%	COM	084670108
BDX	BECTON DICKINSON AND CO	892,178	$217M	3.7%	$243.19 *	$218.48	+1.7%	COM	075887109
CME	CME GROUP INC	400,256	$85.13M	1.5%	$212.68 *	$159.01	+10.4%	COM	12572Q105
MCO	MOODY'S CORP MCO US	221,776	$80.36M	1.4%	$362.37 *	$271.48	+18.0%	COM	615369105
PYPL	PAYPAL HOLDINGS INC	198,627	$57.9M	1.0%	$291.48 *	$74.43	+254.1%	COM	70450Y103
META	FACEBOOK INC-A	162,091	$56.36M	1.0%	$347.71 *	$229.60	+38.8%	COM	30303M102
ADP	AUTOMATIC DATA PROCESSING	224,500	$44.59M	0.8%	$198.62 *	$137.20	+28.5%	COM	053015103
PEP	PEPSICO INC	287,300	$42.57M	0.7%	$148.17 *	$108.78	+16.0%	COM	713448108
INTU	INTUIT INC	85,139	$41.73M	0.7%	$490.16 *	$214.37	+96.6%	COM	461202103
MA	MASTERCARD INC - A	102,334	$37.36M	0.6%	$365.10	$299.44	+21.0%	COM	57636Q104
JNJ	JOHNSON & JOHNSON	221,000	$36.41M	0.6%	$164.74 *	$117.06	+23.8%	COM	478160104
CSCO	CISCO SYSTEMS INC	605,600	$32.1M	0.5%	$53.00 *	$34.49	+32.9%	COM	17275R102
ALC	ALCON AG	441,419	$30.91M	0.5%	$70.02	$60.75	+15.7%	ORD SHS	H01301128
FISV	FISERV INC	250,044	$26.73M	0.5%	$106.89 *	$86.69	+34.1%	COM	337738108
FAST	FASTENAL CO	435,000	$22.62M	0.4%	$52.00 *	$20.77	+12.1%	COM	311900104
HSY	HERSHEY CO/THE	128,000	$22.3M	0.4%	$174.19 *	$118.23	+27.4%	COM	427866108
MCD	MCDONALD'S CORP	89,900	$20.77M	0.4%	$230.99 *	$176.00	+18.9%	COM	580135101
BKNG	BOOKING HOLDINGS INC	8,766	$19.18M	0.3%	$2188.00 *	$1917.43	+19.8%	COM	09857L108
WU	WESTERN UNION CO	811,000	$18.63M	0.3%	$22.97	$22.97	—	COM	959802109
BXP	BOSTON PROPERTIES INC	162,000	$18.56M	0.3%	$114.59 *	$87.94	0.0%	COM	101121101
ACN	ACCENTURE PLC-CL A	59,300	$17.48M	0.3%	$294.81 *	$187.48	+43.0%	COM	G1151C101
SPGI	S&P GLOBAL INC	39,358	$16.15M	0.3%	$410.44 *	$301.21	+22.8%	COM	78409V104
EBAY	EBAY INC	199,878	$14.03M	0.2%	$70.21 *	$32.45	+77.9%	COM	278642103
CLX	CLOROX COMPANY CLX US	74,700	$13.44M	0.2%	$179.92 *	$152.55	+3.2%	COM	189054109
KO	COCA-COLA CO	223,000	$12.07M	0.2%	$54.11 *	$39.04	+21.1%	COM	191216100
CL	COLGATE-PALMOLIVE CO	127,678	$10.39M	0.2%	$81.35 *	$59.12	+24.2%	COM	194162103
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	41,250	$7.302M	0.1%	$177.02	$177.53	0.0%	COM	874054109