Troy Asset Management Ltd Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001601407 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 7, 2025

Total Value: $3.895B (100.0% shares, 0.0% debt)

Holdings (31)

V VERISIGN INC 18.6%

Value $723M Shares 2,269,945 Share Price $318.42 * Est. Cost/Share $262.09 Unrealized @ Report Date +31.7%

GOOGL ALPHABET INC-CL A 15.7%

Value $612M Shares 2,516,344 Share Price $243.10 * Est. Cost/Share $132.66 Unrealized @ Report Date +57.7%

MSFT MICROSOFT CORP 9.5%

Value $369M Shares 713,045 Share Price $517.95 Est. Cost/Share $81.75 Unrealized @ Report Date +522.3%

A AGILENT TECHNOLOGIES INC 7.9%

Value $309M Shares 2,404,161 Share Price $128.35 * Est. Cost/Share $114.15 Unrealized @ Report Date +5.6%

CNI CANADIAN NATL RAILWAY CO (US) 6.6%

Value $258M Shares 2,738,372 Share Price $94.30 Est. Cost/Share $98.75 Unrealized @ Report Date -2.8%

CB CHUBB LTD 5.7%

Value $223M Shares 791,682 Share Price $282.25 * Est. Cost/Share $263.86 Unrealized @ Report Date +4.3%

ADBE ADOBE INC 4.8%

Value $186M Shares 527,322 Share Price $352.75 Est. Cost/Share $434.20 Unrealized @ Report Date -17.4%

ALC ALCON INC 4.5%

Value $176M Shares 2,972,020 Share Price $59.26 * Est. Cost/Share $83.45 Unrealized @ Report Date 0.0%

AXP AMERICAN EXPRESS CO 3.9%

Value $152M Shares 458,008 Share Price $332.16 * Est. Cost/Share $86.66 Unrealized @ Report Date +265.3%

HUBB HUBBELL INC 3.8%

Value $148M Shares 343,293 Share Price $430.31 Est. Cost/Share $385.10 Unrealized @ Report Date +11.2%

CME CME GROUP INC 2.3%

Value $89.18M Shares 330,049 Share Price $270.19 Est. Cost/Share $162.45 Unrealized @ Report Date +66.1%

PAYX PAYCHEX INC 1.9%

Value $75.6M Shares 596,435 Share Price $126.76 * Est. Cost/Share $69.02 Unrealized @ Report Date +98.7%

MA MASTERCARD INC - A 1.8%

Value $70.44M Shares 123,839 Share Price $568.81 Est. Cost/Share $343.11 Unrealized @ Report Date +67.1%

META META PLATFORMS INC 1.5%

Value $59.38M Shares 80,863 Share Price $734.38 Est. Cost/Share $246.06 Unrealized @ Report Date +202.1%

FISV FISERV INC 1.2%

Value $48.24M Shares 374,142 Share Price $128.93 * Est. Cost/Share $121.77 Unrealized @ Report Date +17.7%

BKNG BOOKING HOLDINGS INC 1.0%

Value $40.5M Shares 7,501 Share Price $5399.27 * Est. Cost/Share $2250.29 Unrealized @ Report Date +147.2%

SYY SYSCO CORP 0.9%

Value $36.84M Shares 447,432 Share Price $82.34 * Est. Cost/Share $72.16 Unrealized @ Report Date +9.3%

PEP PEPSICO INC 0.9%

Value $35.92M Shares 255,742 Share Price $140.44 Est. Cost/Share $129.65 Unrealized @ Report Date +8.3%

ADP AUTOMATIC DATA PROCESSING 0.9%

Value $34.81M Shares 118,599 Share Price $293.50 Est. Cost/Share $160.49 Unrealized @ Report Date +85.6%

TXN TEXAS INSTRUMENTS INC 0.9%

Value $33.6M Shares 182,864 Share Price $183.73 * Est. Cost/Share $160.77 Unrealized @ Report Date +20.2%

INTU INTUIT INC 0.8%

Value $32.27M Shares 47,247 Share Price $682.91 * Est. Cost/Share $298.00 Unrealized @ Report Date +141.4%

NKE NIKE INC -CL B 0.8%

Value $31.16M Shares 446,849 Share Price $69.73 * Est. Cost/Share $72.38 Unrealized @ Report Date +1.9%

MCD MCDONALD'S CORP 0.7%

Value $26.14M Shares 86,031 Share Price $303.89 Est. Cost/Share $208.21 Unrealized @ Report Date +44.8%

PM PHILIP MORRIS INT 0.6%

Value $23.01M Shares 141,875 Share Price $162.20 Est. Cost/Share $71.32 Unrealized @ Report Date +131.6%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.5%

Value $20.71M Shares 80,161 Share Price $258.36 * Est. Cost/Share $164.20 Unrealized @ Report Date +44.2%

ACN ACCENTURE PLC-CL A 0.5%

Value $19.44M Shares 78,822 Share Price $246.60 * Est. Cost/Share $239.93 Unrealized @ Report Date +8.6%

PYPL PAYPAL HOLDINGS INC 0.4%

Value $16.27M Shares 242,659 Share Price $67.06 * Est. Cost/Share $81.24 Unrealized @ Report Date -13.4%

SPGI S&P GLOBAL INC 0.4%

Value $16.09M Shares 33,054 Share Price $486.71 * Est. Cost/Share $307.36 Unrealized @ Report Date +73.7%

KVUE KENVUE INC 0.4%

Value $14.48M Shares 892,088 Share Price $16.23 * Est. Cost/Share $19.50 Unrealized @ Report Date +2.9%

MCO MOODY'S CORP 0.4%

Value $14.46M Shares 30,356 Share Price $476.48 * Est. Cost/Share $298.48 Unrealized @ Report Date +68.4%

TSM TAIWAN SEMICONDUCTOR-SP ADR 0.0%

Value $71,219 Shares 255 Share Price $279.29 Est. Cost/Share $226.49 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
V	VERISIGN INC	2,269,945	$723M	18.6%	$318.42 *	$262.09	+31.7%	COM	92826C839
GOOGL	ALPHABET INC-CL A	2,516,344	$612M	15.7%	$243.10 *	$132.66	+57.7%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	713,045	$369M	9.5%	$517.95	$81.75	+522.3%	COM	594918104
A	AGILENT TECHNOLOGIES INC	2,404,161	$309M	7.9%	$128.35 *	$114.15	+5.6%	COM	00846U101
CNI	CANADIAN NATL RAILWAY CO (US)	2,738,372	$258M	6.6%	$94.30	$98.75	-2.8%	COM	136375102
CB	CHUBB LTD	791,682	$223M	5.7%	$282.25 *	$263.86	+4.3%	COM	H1467J104
ADBE	ADOBE INC	527,322	$186M	4.8%	$352.75	$434.20	-17.4%	COM	00724F101
ALC	ALCON INC	2,972,020	$176M	4.5%	$59.26 *	$83.45	0.0%	ORD SHS	H01301128
AXP	AMERICAN EXPRESS CO	458,008	$152M	3.9%	$332.16 *	$86.66	+265.3%	COM	025816109
HUBB	HUBBELL INC	343,293	$148M	3.8%	$430.31	$385.10	+11.2%	COM	443510607
CME	CME GROUP INC	330,049	$89.18M	2.3%	$270.19	$162.45	+66.1%	COM	12572Q105
PAYX	PAYCHEX INC	596,435	$75.6M	1.9%	$126.76 *	$69.02	+98.7%	COM	704326107
MA	MASTERCARD INC - A	123,839	$70.44M	1.8%	$568.81	$343.11	+67.1%	CL A	57636Q104
META	META PLATFORMS INC	80,863	$59.38M	1.5%	$734.38	$246.06	+202.1%	CL A	30303M102
FISV	FISERV INC	374,142	$48.24M	1.2%	$128.93 *	$121.77	+17.7%	COM	337738108
BKNG	BOOKING HOLDINGS INC	7,501	$40.5M	1.0%	$5399.27 *	$2250.29	+147.2%	COM	09857L108
SYY	SYSCO CORP	447,432	$36.84M	0.9%	$82.34 *	$72.16	+9.3%	COM	871829107
PEP	PEPSICO INC	255,742	$35.92M	0.9%	$140.44	$129.65	+8.3%	COM	713448108
ADP	AUTOMATIC DATA PROCESSING	118,599	$34.81M	0.9%	$293.50	$160.49	+85.6%	COM	053015103
TXN	TEXAS INSTRUMENTS INC	182,864	$33.6M	0.9%	$183.73 *	$160.77	+20.2%	COM	882508104
INTU	INTUIT INC	47,247	$32.27M	0.8%	$682.91 *	$298.00	+141.4%	COM	461202103
NKE	NIKE INC -CL B	446,849	$31.16M	0.8%	$69.73 *	$72.38	+1.9%	CL B	654106103
MCD	MCDONALD'S CORP	86,031	$26.14M	0.7%	$303.89	$208.21	+44.8%	COM	580135101
PM	PHILIP MORRIS INT	141,875	$23.01M	0.6%	$162.20	$71.32	+131.6%	COM	718172109
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	80,161	$20.71M	0.5%	$258.36 *	$164.20	+44.2%	COM	874054109
ACN	ACCENTURE PLC-CL A	78,822	$19.44M	0.5%	$246.60 *	$239.93	+8.6%	SHS CLASS A	G1151C101
PYPL	PAYPAL HOLDINGS INC	242,659	$16.27M	0.4%	$67.06 *	$81.24	-13.4%	COM	70450Y103
SPGI	S&P GLOBAL INC	33,054	$16.09M	0.4%	$486.71 *	$307.36	+73.7%	COM	78409V104
KVUE	KENVUE INC	892,088	$14.48M	0.4%	$16.23 *	$19.50	+2.9%	COM	49177J102
MCO	MOODY'S CORP	30,356	$14.46M	0.4%	$476.48 *	$298.48	+68.4%	COM	615369105
TSM	TAIWAN SEMICONDUCTOR-SP ADR	255	$71,219	0.0%	$279.29	$226.49	—	SPONSORED ADS	874039100