Troy Asset Management Ltd Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001601407 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 7, 2025

Total Value: $3.173B (100.0% shares, 0.0% debt)

Holdings (33)

V VISA INC-CLASS 14.0%

Value $443M Shares 1,613,006 Share Price $274.95 * Est. Cost/Share $209.15 Unrealized @ Report Date +28.0%

MSFT MICROSOFT CORP 12.2%

Value $386M Shares 897,803 Share Price $430.30 Est. Cost/Share $81.75 Unrealized @ Report Date +417.5%

GOOGL ALPHABET INC 10.3%

Value $328M Shares 1,980,134 Share Price $165.85 Est. Cost/Share $106.86 Unrealized @ Report Date +56.0%

AXP AMERICAN EXPRESS CO 7.0%

Value $223M Shares 820,843 Share Price $271.20 * Est. Cost/Share $86.66 Unrealized @ Report Date +182.9%

PG PROCTER & GAMBLE 5.1%

Value $161M Shares 929,821 Share Price $173.20 * Est. Cost/Share $79.46 Unrealized @ Report Date +106.7%

A AGILENT TECHNOLOGIES INC 4.6%

Value $145M Shares 974,184 Share Price $148.48 * Est. Cost/Share $85.18 Unrealized @ Report Date +59.2%

PAYX PAYCHEX INC 3.9%

Value $123M Shares 915,630 Share Price $134.19 * Est. Cost/Share $69.02 Unrealized @ Report Date +76.6%

CB CHUBB LTD 3.8%

Value $121M Shares 419,380 Share Price $288.39 * Est. Cost/Share $252.75 Unrealized @ Report Date +7.1%

VRSN VERISIGN INC 3.7%

Value $116M Shares 613,276 Share Price $189.96 * Est. Cost/Share $176.64 Unrealized @ Report Date +1.2%

CME CME GROUP INC 3.6%

Value $114M Shares 517,282 Share Price $220.65 * Est. Cost/Share $162.45 Unrealized @ Report Date +20.9%

MCO MOODY'S CORP 2.7%

Value $87.19M Shares 183,720 Share Price $474.59 * Est. Cost/Share $298.48 Unrealized @ Report Date +53.7%

MDT MEDTRONIC PLC 2.7%

Value $86.54M Shares 961,199 Share Price $90.03 * Est. Cost/Share $73.55 Unrealized @ Report Date +9.9%

PEP PEPSICO INC 2.2%

Value $68.56M Shares 403,171 Share Price $170.05 * Est. Cost/Share $129.65 Unrealized @ Report Date +25.6%

MA MASTERCARD INC 2.2%

Value $68.52M Shares 138,770 Share Price $493.80 * Est. Cost/Share $338.53 Unrealized @ Report Date +36.4%

ADP AUTOMATIC DATA PROCESSING 2.1%

Value $65.26M Shares 235,841 Share Price $276.73 * Est. Cost/Share $160.49 Unrealized @ Report Date +57.9%

PM PHILIP MORRIS INT 2.0%

Value $62.8M Shares 517,289 Share Price $121.40 * Est. Cost/Share $71.32 Unrealized @ Report Date +54.0%

META META PLATFORMS INC 1.8%

Value $58.18M Shares 101,634 Share Price $572.44 * Est. Cost/Share $246.06 Unrealized @ Report Date +108.1%

FISV FISERV INC 1.7%

Value $53.13M Shares 295,748 Share Price $179.65 * Est. Cost/Share $96.59 Unrealized @ Report Date +70.8%

ALC ALCON AG 1.3%

Value $42.57M Shares 426,845 Share Price $99.72 * Est. Cost/Share $74.36 Unrealized @ Report Date +26.0%

MCD MCDONALD'S CORP 1.3%

Value $41.53M Shares 136,367 Share Price $304.51 * Est. Cost/Share $208.21 Unrealized @ Report Date +28.1%

CSCO CISCO SYSTEMS INC 1.3%

Value $41.38M Shares 777,438 Share Price $53.22 * Est. Cost/Share $38.42 Unrealized @ Report Date +21.8%

TXN TEXAS INSTRUMENTS INC 1.2%

Value $37.85M Shares 183,212 Share Price $206.57 * Est. Cost/Share $152.50 Unrealized @ Report Date +26.5%

BKNG BOOKING HOLDINGS INC 1.2%

Value $37.25M Shares 8,844 Share Price $4212.12 * Est. Cost/Share $2184.06 Unrealized @ Report Date +73.7%

KVUE KENVUE INC 1.0%

Value $32.7M Shares 1,413,894 Share Price $23.13 * Est. Cost/Share $19.50 Unrealized @ Report Date +0.7%

JNJ JOHNSON & JOHNSON 1.0%

Value $30.48M Shares 188,098 Share Price $162.06 * Est. Cost/Share $133.71 Unrealized @ Report Date +14.2%

ACN ACCENTURE PLC IRELAND 1.0%

Value $30.16M Shares 85,327 Share Price $353.48 * Est. Cost/Share $231.23 Unrealized @ Report Date +39.6%

PYPL PAYPAL HOLDINGS INC 0.9%

Value $29.87M Shares 382,814 Share Price $78.03 * Est. Cost/Share $81.65 Unrealized @ Report Date -18.3%

CNI CANADIAN NATL RAILWAY CO 0.9%

Value $28.43M Shares 242,814 Share Price $117.08 * Est. Cost/Share $115.33 Unrealized @ Report Date -1.8%

ADBE ADOBE INC 0.9%

Value $27.98M Shares 54,045 Share Price $517.78 * Est. Cost/Share $457.92 Unrealized @ Report Date +19.8%

INTU INTUIT INC 0.9%

Value $27.12M Shares 43,671 Share Price $621.00 Est. Cost/Share $271.23 Unrealized @ Report Date +133.4%

HSY HERSHEY CO/THE 0.6%

Value $19.54M Shares 101,877 Share Price $191.78 * Est. Cost/Share $151.18 Unrealized @ Report Date +23.1%

SPGI S&P GLOBAL INC 0.6%

Value $19.53M Shares 37,804 Share Price $516.62 * Est. Cost/Share $307.36 Unrealized @ Report Date +59.4%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.5%

Value $15.74M Shares 102,372 Share Price $153.71 Est. Cost/Share $164.20 Unrealized @ Report Date -7.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
V	VISA INC-CLASS	1,613,006	$443M	14.0%	$274.95 *	$209.15	+28.0%	COM CL A	92826C839
MSFT	MICROSOFT CORP	897,803	$386M	12.2%	$430.30	$81.75	+417.5%	COM	594918104
GOOGL	ALPHABET INC	1,980,134	$328M	10.3%	$165.85	$106.86	+56.0%	CAP STK CL A	02079K305
AXP	AMERICAN EXPRESS CO	820,843	$223M	7.0%	$271.20 *	$86.66	+182.9%	COM	025816109
PG	PROCTER & GAMBLE	929,821	$161M	5.1%	$173.20 *	$79.46	+106.7%	COM	742718109
A	AGILENT TECHNOLOGIES INC	974,184	$145M	4.6%	$148.48 *	$85.18	+59.2%	COM	00846U101
PAYX	PAYCHEX INC	915,630	$123M	3.9%	$134.19 *	$69.02	+76.6%	COM	704326107
CB	CHUBB LTD	419,380	$121M	3.8%	$288.39 *	$252.75	+7.1%	COM	H1467J104
VRSN	VERISIGN INC	613,276	$116M	3.7%	$189.96 *	$176.64	+1.2%	COM	92343E102
CME	CME GROUP INC	517,282	$114M	3.6%	$220.65 *	$162.45	+20.9%	COM	12572Q105
MCO	MOODY'S CORP	183,720	$87.19M	2.7%	$474.59 *	$298.48	+53.7%	COM	615369105
MDT	MEDTRONIC PLC	961,199	$86.54M	2.7%	$90.03 *	$73.55	+9.9%	SHS	G5960L103
PEP	PEPSICO INC	403,171	$68.56M	2.2%	$170.05 *	$129.65	+25.6%	COM	713448108
MA	MASTERCARD INC	138,770	$68.52M	2.2%	$493.80 *	$338.53	+36.4%	CL A	57636Q104
ADP	AUTOMATIC DATA PROCESSING	235,841	$65.26M	2.1%	$276.73 *	$160.49	+57.9%	COM	053015103
PM	PHILIP MORRIS INT	517,289	$62.8M	2.0%	$121.40 *	$71.32	+54.0%	COM	718172109
META	META PLATFORMS INC	101,634	$58.18M	1.8%	$572.44 *	$246.06	+108.1%	CL A	30303M102
FISV	FISERV INC	295,748	$53.13M	1.7%	$179.65 *	$96.59	+70.8%	COM	337738108
ALC	ALCON AG	426,845	$42.57M	1.3%	$99.72 *	$74.36	+26.0%	ORD SHS	H01301128
MCD	MCDONALD'S CORP	136,367	$41.53M	1.3%	$304.51 *	$208.21	+28.1%	COM	580135101
CSCO	CISCO SYSTEMS INC	777,438	$41.38M	1.3%	$53.22 *	$38.42	+21.8%	COM	17275R102
TXN	TEXAS INSTRUMENTS INC	183,212	$37.85M	1.2%	$206.57 *	$152.50	+26.5%	COM	882508104
BKNG	BOOKING HOLDINGS INC	8,844	$37.25M	1.2%	$4212.12 *	$2184.06	+73.7%	COM	09857L108
KVUE	KENVUE INC	1,413,894	$32.7M	1.0%	$23.13 *	$19.50	+0.7%	COM	49177J102
JNJ	JOHNSON & JOHNSON	188,098	$30.48M	1.0%	$162.06 *	$133.71	+14.2%	COM	478160104
ACN	ACCENTURE PLC IRELAND	85,327	$30.16M	1.0%	$353.48 *	$231.23	+39.6%	SHS CLASS A	G1151C101
PYPL	PAYPAL HOLDINGS INC	382,814	$29.87M	0.9%	$78.03 *	$81.65	-18.3%	COM	70450Y103
CNI	CANADIAN NATL RAILWAY CO	242,814	$28.43M	0.9%	$117.08 *	$115.33	-1.8%	COM	136375102
ADBE	ADOBE INC	54,045	$27.98M	0.9%	$517.78 *	$457.92	+19.8%	COM	00724F101
INTU	INTUIT INC	43,671	$27.12M	0.9%	$621.00	$271.23	+133.4%	COM	461202103
HSY	HERSHEY CO/THE	101,877	$19.54M	0.6%	$191.78 *	$151.18	+23.1%	COM	427866108
SPGI	S&P GLOBAL INC	37,804	$19.53M	0.6%	$516.62 *	$307.36	+59.4%	COM	78409V104
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	102,372	$15.74M	0.5%	$153.71	$164.20	-7.6%	COM	874054109