Troy Asset Management Ltd Long-Term Concentrated

CIK: 0001601407 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Nov 7, 2025

Total Value ($000): $3,156,802

Holdings (34)

V VISA INC-CLASS A SHARES 13.0%

Value ($000) $409,911 Shares 1,574,460 Est. Cost $207.54 Unrealized +16.9%

MSFT MICROSOFT CORP 11.5%

Value ($000) $361,756 Shares 962,014 Est. Cost $81.75 Unrealized +328.6%

GOOGL ALPHABET INC-CL A 8.7%

Value ($000) $275,559 Shares 1,972,648 Est. Cost $105.96 Unrealized +25.8%

PG PROCTER & GAMBLE 8.1%

Value ($000) $256,878 Shares 1,752,954 Est. Cost $79.46 Unrealized +77.0%

BDX BECTON DICKINSON AND CO 6.8%

Value ($000) $213,880 Shares 877,170 Est. Cost $218.62 Unrealized +8.2%

AXP AMERICAN EXPRESS CO 5.2%

Value ($000) $163,403 Shares 872,229 Est. Cost $86.66 Unrealized +81.2%

PAYX PAYCHEX INC 4.7%

Value ($000) $148,240 Shares 1,244,562 Est. Cost $69.02 Unrealized +60.9%

A AGILENT TECHNOLOGIES INC 4.6%

Value ($000) $144,517 Shares 1,039,466 Est. Cost $84.45 Unrealized +38.8%

CME CME GROUP INC 4.6%

Value ($000) $143,994 Shares 683,731 Est. Cost $162.45 Unrealized +19.8%

MDT MEDTRONIC INC 3.4%

Value ($000) $108,675 Shares 1,319,186 Est. Cost $73.55 Unrealized -2.9%

PEP PEPSICO INC 2.6%

Value ($000) $80,920 Shares 476,451 Est. Cost $129.65 Unrealized +18.6%

MCO MOODY'S CORP MCO US 2.3%

Value ($000) $73,500 Shares 188,191 Est. Cost $298.48 Unrealized +14.5%

ADP AUTOMATIC DATA PROCESSING 2.3%

Value ($000) $72,029 Shares 309,176 Est. Cost $159.31 Unrealized +39.4%

PM PHILIP MORRIS INT 1.9%

Value ($000) $60,475 Shares 642,800 Est. Cost $71.32 Unrealized +17.4%

MA MASTERCARD INC - A 1.6%

Value ($000) $51,536 Shares 120,833 Est. Cost $321.36 Unrealized +23.6%

CSCO CISCO SYSTEMS INC 1.5%

Value ($000) $47,711 Shares 944,406 Est. Cost $38.15 Unrealized +25.8%

MCD MCDONALD'S CORP 1.5%

Value ($000) $47,525 Shares 160,280 Est. Cost $205.27 Unrealized +26.0%

FAST FASTENAL CO 1.5%

Value ($000) $47,050 Shares 726,419 Est. Cost $22.20 Unrealized +29.2%

JNJ JOHNSON & JOHNSON 1.4%

Value ($000) $44,436 Shares 283,503 Est. Cost $133.71 Unrealized +7.4%

META META PLATFORMS INC 1.4%

Value ($000) $42,740 Shares 120,747 Est. Cost $231.52 Unrealized +39.7%

TXN TEXAS INSTRUMENTS INC 1.2%

Value ($000) $37,723 Shares 221,302 Est. Cost $152.39 Unrealized -4.5%

KVUE KENVUE INC 1.2%

Value ($000) $37,333 Shares 1,734,002 Est. Cost $19.51 Unrealized -5.7%

FISV FISERV INC 1.1%

Value ($000) $35,478 Shares 267,071 Est. Cost $89.02 Unrealized +37.8%

ACN ACCENTURE PLC-CL A 1.1%

Value ($000) $35,471 Shares 101,082 Est. Cost $227.89 Unrealized +37.2%

ALC ALCON AG 1.0%

Value ($000) $30,377 Shares 389,383 Est. Cost $73.37 Unrealized 0.0%

BKNG BOOKING HOLDINGS INC 0.8%

Value ($000) $26,668 Shares 7,518 Est. Cost $1922.21 Unrealized +59.6%

INTU INTUIT INC 0.8%

Value ($000) $25,585 Shares 40,934 Est. Cost $246.50 Unrealized +121.0%

HSY HERSHEY CO/THE 0.7%

Value ($000) $22,842 Shares 122,519 Est. Cost $150.26 Unrealized +18.2%

PYPL PAYPAL HOLDINGS INC 0.6%

Value ($000) $20,330 Shares 331,055 Est. Cost $84.71 Unrealized -32.5%

CNI CANADIAN NATL RAILWAY CO 0.6%

Value ($000) $19,794 Shares 157,386 Est. Cost $108.49 Unrealized 0.0%

ADBE ADOBE INC 0.6%

Value ($000) $19,187 Shares 32,160 Est. Cost $432.99 Unrealized +33.2%

CLX CLOROX COMPANY 0.6%

Value ($000) $17,773 Shares 124,645 Est. Cost $143.12 Unrealized -13.3%

SPGI S&P GLOBAL INC 0.6%

Value ($000) $17,679 Shares 40,132 Est. Cost $307.36 Unrealized +26.3%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.5%

Value ($000) $15,828 Shares 98,343 Est. Cost $165.21 Unrealized -9.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA INC-CLASS A SHARES	1,574,460	$409,911	13.0%	$207.54	+16.9%	—	92826C839
MSFT	MICROSOFT CORP	962,014	$361,756	11.5%	$81.75	+328.6%	—	594918104
GOOGL	ALPHABET INC-CL A	1,972,648	$275,559	8.7%	$105.96	+25.8%	—	02079K305
PG	PROCTER & GAMBLE	1,752,954	$256,878	8.1%	$79.46	+77.0%	—	742718109
BDX	BECTON DICKINSON AND CO	877,170	$213,880	6.8%	$218.62	+8.2%	—	075887109
AXP	AMERICAN EXPRESS CO	872,229	$163,403	5.2%	$86.66	+81.2%	—	025816109
PAYX	PAYCHEX INC	1,244,562	$148,240	4.7%	$69.02	+60.9%	—	704326107
A	AGILENT TECHNOLOGIES INC	1,039,466	$144,517	4.6%	$84.45	+38.8%	—	00846U101
CME	CME GROUP INC	683,731	$143,994	4.6%	$162.45	+19.8%	—	12572Q105
MDT	MEDTRONIC INC	1,319,186	$108,675	3.4%	$73.55	-2.9%	—	G5960L103
PEP	PEPSICO INC	476,451	$80,920	2.6%	$129.65	+18.6%	—	713448108
MCO	MOODY'S CORP MCO US	188,191	$73,500	2.3%	$298.48	+14.5%	—	615369105
ADP	AUTOMATIC DATA PROCESSING	309,176	$72,029	2.3%	$159.31	+39.4%	—	053015103
PM	PHILIP MORRIS INT	642,800	$60,475	1.9%	$71.32	+17.4%	—	718172109
MA	MASTERCARD INC - A	120,833	$51,536	1.6%	$321.36	+23.6%	—	57636Q104
CSCO	CISCO SYSTEMS INC	944,406	$47,711	1.5%	$38.15	+25.8%	—	17275R102
MCD	MCDONALD'S CORP	160,280	$47,525	1.5%	$205.27	+26.0%	—	580135101
FAST	FASTENAL CO	726,419	$47,050	1.5%	$22.20	+29.2%	—	311900104
JNJ	JOHNSON & JOHNSON	283,503	$44,436	1.4%	$133.71	+7.4%	—	478160104
META	META PLATFORMS INC	120,747	$42,740	1.4%	$231.52	+39.7%	—	30303M102
TXN	TEXAS INSTRUMENTS INC	221,302	$37,723	1.2%	$152.39	-4.5%	—	882508104
KVUE	KENVUE INC	1,734,002	$37,333	1.2%	$19.51	-5.7%	—	49177J102
FISV	FISERV INC	267,071	$35,478	1.1%	$89.02	+37.8%	—	337738108
ACN	ACCENTURE PLC-CL A	101,082	$35,471	1.1%	$227.89	+37.2%	—	G1151C101
ALC	ALCON AG	389,383	$30,377	1.0%	$73.37	0.0%	—	H01301128
BKNG	BOOKING HOLDINGS INC	7,518	$26,668	0.8%	$1922.21	+59.6%	—	09857L108
INTU	INTUIT INC	40,934	$25,585	0.8%	$246.50	+121.0%	—	461202103
HSY	HERSHEY CO/THE	122,519	$22,842	0.7%	$150.26	+18.2%	—	427866108
PYPL	PAYPAL HOLDINGS INC	331,055	$20,330	0.6%	$84.71	-32.5%	—	70450Y103
CNI	CANADIAN NATL RAILWAY CO	157,386	$19,794	0.6%	$108.49	0.0%	—	136375102
ADBE	ADOBE INC	32,160	$19,187	0.6%	$432.99	+33.2%	—	00724F101
CLX	CLOROX COMPANY	124,645	$17,773	0.6%	$143.12	-13.3%	—	189054109
SPGI	S&P GLOBAL INC	40,132	$17,679	0.6%	$307.36	+26.3%	—	78409V104
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	98,343	$15,828	0.5%	$165.21	-9.7%	—	874054109