Troy Asset Management Ltd Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001601407 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Nov 7, 2025

Total Value: $3.036B (100.0% shares, 0.0% debt)

Holdings (33)

V VISA INC-CLASS 16.5%

Value $501M Shares 1,585,335 Share Price $316.04 * Est. Cost/Share $209.15 Unrealized @ Report Date +42.6%

GOOGL ALPHABET INC 14.5%

Value $440M Shares 2,323,972 Share Price $189.30 * Est. Cost/Share $116.81 Unrealized @ Report Date +49.1%

MSFT MICROSOFT CORP 11.8%

Value $357M Shares 847,778 Share Price $421.50 Est. Cost/Share $81.75 Unrealized @ Report Date +416.6%

VRSN VERISIGN INC 6.2%

Value $189M Shares 914,543 Share Price $206.96 * Est. Cost/Share $179.96 Unrealized @ Report Date +3.7%

AXP AMERICAN EXPRESS CO 4.5%

Value $136M Shares 458,534 Share Price $296.79 * Est. Cost/Share $86.66 Unrealized @ Report Date +227.2%

A AGILENT TECHNOLOGIES INC 4.3%

Value $131M Shares 973,103 Share Price $134.34 Est. Cost/Share $85.18 Unrealized @ Report Date +59.5%

CB CHUBB LTD 3.8%

Value $116M Shares 418,429 Share Price $276.30 Est. Cost/Share $252.75 Unrealized @ Report Date +11.3%

PAYX PAYCHEX INC 3.4%

Value $103M Shares 735,298 Share Price $140.22 * Est. Cost/Share $69.02 Unrealized @ Report Date +98.9%

CME CME GROUP INC 3.2%

Value $98.17M Shares 422,731 Share Price $232.23 * Est. Cost/Share $162.45 Unrealized @ Report Date +35.2%

PG PROCTER & GAMBLE 3.2%

Value $97.26M Shares 580,139 Share Price $167.65 Est. Cost/Share $79.46 Unrealized @ Report Date +108.6%

MCO MOODY'S CORP 2.8%

Value $85.32M Shares 180,241 Share Price $473.37 Est. Cost/Share $298.48 Unrealized @ Report Date +58.5%

MA MASTERCARD INC 2.2%

Value $67.01M Shares 127,259 Share Price $526.57 * Est. Cost/Share $338.53 Unrealized @ Report Date +52.0%

MDT MEDTRONIC PLC 2.2%

Value $65.91M Shares 825,095 Share Price $79.88 * Est. Cost/Share $73.55 Unrealized @ Report Date +14.0%

PM PHILIP MORRIS INT 1.9%

Value $56.24M Shares 467,283 Share Price $120.35 Est. Cost/Share $71.32 Unrealized @ Report Date +69.1%

META META PLATFORMS INC 1.8%

Value $54.85M Shares 93,673 Share Price $585.51 Est. Cost/Share $246.06 Unrealized @ Report Date +137.6%

FISV FISERV INC 1.8%

Value $53.81M Shares 261,967 Share Price $205.42 Est. Cost/Share $96.59 Unrealized @ Report Date +111.3%

ADP AUTOMATIC DATA PROCESSING 1.7%

Value $51.82M Shares 177,007 Share Price $292.73 Est. Cost/Share $160.49 Unrealized @ Report Date +79.4%

PEP PEPSICO INC 1.5%

Value $45.76M Shares 300,959 Share Price $152.06 * Est. Cost/Share $129.65 Unrealized @ Report Date +20.7%

BKNG BOOKING HOLDINGS INC 1.2%

Value $36.87M Shares 7,420 Share Price $4968.42 * Est. Cost/Share $2184.06 Unrealized @ Report Date +118.1%

ALC ALCON AG 1.2%

Value $35.93M Shares 423,634 Share Price $84.81 * Est. Cost/Share $74.36 Unrealized @ Report Date +20.9%

CSCO CISCO SYSTEMS INC 1.1%

Value $34.51M Shares 582,855 Share Price $59.20 * Est. Cost/Share $38.42 Unrealized @ Report Date +44.1%

PYPL PAYPAL HOLDINGS INC 1.1%

Value $32.58M Shares 381,766 Share Price $85.35 Est. Cost/Share $81.65 Unrealized @ Report Date +2.7%

ADBE ADOBE INC 1.1%

Value $32.4M Shares 72,865 Share Price $444.68 * Est. Cost/Share $467.53 Unrealized @ Report Date +5.9%

MCD MCDONALD'S CORP 1.0%

Value $29.26M Shares 100,926 Share Price $289.89 Est. Cost/Share $208.21 Unrealized @ Report Date +39.4%

INTU INTUIT INC 0.9%

Value $27.08M Shares 43,079 Share Price $628.50 Est. Cost/Share $271.23 Unrealized @ Report Date +134.0%

TXN TEXAS INSTRUMENTS INC 0.8%

Value $25.5M Shares 135,991 Share Price $187.51 * Est. Cost/Share $152.50 Unrealized @ Report Date +26.7%

ACN ACCENTURE PLC IRELAND 0.7%

Value $22.64M Shares 64,355 Share Price $351.79 Est. Cost/Share $231.23 Unrealized @ Report Date +53.4%

KVUE KENVUE INC 0.7%

Value $22.32M Shares 1,045,436 Share Price $21.35 Est. Cost/Share $19.50 Unrealized @ Report Date +11.2%

JNJ JOHNSON & JOHNSON 0.7%

Value $20.51M Shares 141,813 Share Price $144.62 * Est. Cost/Share $133.71 Unrealized @ Report Date +11.9%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.6%

Value $18.68M Shares 101,455 Share Price $184.08 * Est. Cost/Share $164.20 Unrealized @ Report Date +5.6%

CNI CANADIAN NATL RAILWAY CO 0.6%

Value $18.61M Shares 183,246 Share Price $101.57 * Est. Cost/Share $115.33 Unrealized @ Report Date -7.3%

SPGI S&P GLOBAL INC 0.5%

Value $16.56M Shares 33,258 Share Price $498.03 Est. Cost/Share $307.36 Unrealized @ Report Date +63.7%

HSY HERSHEY CO/THE 0.4%

Value $13.11M Shares 77,401 Share Price $169.35 * Est. Cost/Share $151.18 Unrealized @ Report Date +14.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
V	VISA INC-CLASS	1,585,335	$501M	16.5%	$316.04 *	$209.15	+42.6%	COM CL A	92826C839
GOOGL	ALPHABET INC	2,323,972	$440M	14.5%	$189.30 *	$116.81	+49.1%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	847,778	$357M	11.8%	$421.50	$81.75	+416.6%	COM	594918104
VRSN	VERISIGN INC	914,543	$189M	6.2%	$206.96 *	$179.96	+3.7%	COM	92343E102
AXP	AMERICAN EXPRESS CO	458,534	$136M	4.5%	$296.79 *	$86.66	+227.2%	COM	025816109
A	AGILENT TECHNOLOGIES INC	973,103	$131M	4.3%	$134.34	$85.18	+59.5%	COM	00846U101
CB	CHUBB LTD	418,429	$116M	3.8%	$276.30	$252.75	+11.3%	COM	H1467J104
PAYX	PAYCHEX INC	735,298	$103M	3.4%	$140.22 *	$69.02	+98.9%	COM	704326107
CME	CME GROUP INC	422,731	$98.17M	3.2%	$232.23 *	$162.45	+35.2%	COM	12572Q105
PG	PROCTER & GAMBLE	580,139	$97.26M	3.2%	$167.65	$79.46	+108.6%	COM	742718109
MCO	MOODY'S CORP	180,241	$85.32M	2.8%	$473.37	$298.48	+58.5%	COM	615369105
MA	MASTERCARD INC	127,259	$67.01M	2.2%	$526.57 *	$338.53	+52.0%	CL A	57636Q104
MDT	MEDTRONIC PLC	825,095	$65.91M	2.2%	$79.88 *	$73.55	+14.0%	SHS	G5960L103
PM	PHILIP MORRIS INT	467,283	$56.24M	1.9%	$120.35	$71.32	+69.1%	COM	718172109
META	META PLATFORMS INC	93,673	$54.85M	1.8%	$585.51	$246.06	+137.6%	CL A	30303M102
FISV	FISERV INC	261,967	$53.81M	1.8%	$205.42	$96.59	+111.3%	COM	337738108
ADP	AUTOMATIC DATA PROCESSING	177,007	$51.82M	1.7%	$292.73	$160.49	+79.4%	COM	053015103
PEP	PEPSICO INC	300,959	$45.76M	1.5%	$152.06 *	$129.65	+20.7%	COM	713448108
BKNG	BOOKING HOLDINGS INC	7,420	$36.87M	1.2%	$4968.42 *	$2184.06	+118.1%	COM	09857L108
ALC	ALCON AG	423,634	$35.93M	1.2%	$84.81 *	$74.36	+20.9%	ORD SHS	H01301128
CSCO	CISCO SYSTEMS INC	582,855	$34.51M	1.1%	$59.20 *	$38.42	+44.1%	COM	17275R102
PYPL	PAYPAL HOLDINGS INC	381,766	$32.58M	1.1%	$85.35	$81.65	+2.7%	COM	70450Y103
ADBE	ADOBE INC	72,865	$32.4M	1.1%	$444.68 *	$467.53	+5.9%	COM	00724F101
MCD	MCDONALD'S CORP	100,926	$29.26M	1.0%	$289.89	$208.21	+39.4%	COM	580135101
INTU	INTUIT INC	43,079	$27.08M	0.9%	$628.50	$271.23	+134.0%	COM	461202103
TXN	TEXAS INSTRUMENTS INC	135,991	$25.5M	0.8%	$187.51 *	$152.50	+26.7%	COM	882508104
ACN	ACCENTURE PLC IRELAND	64,355	$22.64M	0.7%	$351.79	$231.23	+53.4%	SHS CLASS A	G1151C101
KVUE	KENVUE INC	1,045,436	$22.32M	0.7%	$21.35	$19.50	+11.2%	COM	49177J102
JNJ	JOHNSON & JOHNSON	141,813	$20.51M	0.7%	$144.62 *	$133.71	+11.9%	COM	478160104
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	101,455	$18.68M	0.6%	$184.08 *	$164.20	+5.6%	COM	874054109
CNI	CANADIAN NATL RAILWAY CO	183,246	$18.61M	0.6%	$101.57 *	$115.33	-7.3%	COM	136375102
SPGI	S&P GLOBAL INC	33,258	$16.56M	0.5%	$498.03	$307.36	+63.7%	COM	78409V104
HSY	HERSHEY CO/THE	77,401	$13.11M	0.4%	$169.35 *	$151.18	+14.4%	COM	427866108