Troy Asset Management Ltd Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001601407 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Nov 7, 2025

Total Value: $3.661B (100.0% shares, 0.0% debt)

Holdings (31)

GOOGL ALPHABET INC-CL A 14.9%

Value $545M Shares 3,090,732 Share Price $176.23 * Est. Cost/Share $132.66 Unrealized @ Report Date +23.1%

V VISA INC-CLASS A SHARES 13.4%

Value $492M Shares 1,386,290 Share Price $355.05 * Est. Cost/Share $209.15 Unrealized @ Report Date +65.9%

MSFT MICROSOFT CORP 11.6%

Value $425M Shares 853,554 Share Price $497.41 * Est. Cost/Share $81.75 Unrealized @ Report Date +428.9%

A AGILENT TECHNOLOGIES INC 7.7%

Value $283M Shares 2,397,820 Share Price $118.01 * Est. Cost/Share $114.15 Unrealized @ Report Date -3.3%

VRSN VERISIGN INC 7.2%

Value $265M Shares 916,747 Share Price $288.80 * Est. Cost/Share $179.96 Unrealized @ Report Date +49.4%

CB CHUBB LTD 6.3%

Value $230M Shares 793,427 Share Price $289.72 Est. Cost/Share $263.86 Unrealized @ Report Date +8.8%

ADBE ADOBE INC 5.6%

Value $203M Shares 525,265 Share Price $386.88 Est. Cost/Share $434.20 Unrealized @ Report Date -11.3%

AXP AMERICAN EXPRESS CO 4.0%

Value $146M Shares 458,796 Share Price $318.98 * Est. Cost/Share $86.66 Unrealized @ Report Date +222.4%

CNI CANADIAN NATL RAILWAY CO (US) 3.9%

Value $143M Shares 1,377,649 Share Price $104.10 * Est. Cost/Share $101.46 Unrealized @ Report Date -0.8%

HUBB HUBBELL INC 3.6%

Value $133M Shares 324,526 Share Price $408.41 * Est. Cost/Share $382.61 Unrealized @ Report Date -3.9%

CME CME GROUP INC 2.6%

Value $94.51M Shares 342,882 Share Price $275.62 * Est. Cost/Share $162.45 Unrealized @ Report Date +65.3%

PAYX PAYCHEX INC 2.5%

Value $89.96M Shares 618,451 Share Price $145.46 Est. Cost/Share $69.02 Unrealized @ Report Date +113.7%

MA MASTERCARD INC - A 1.9%

Value $68.23M Shares 121,423 Share Price $561.94 Est. Cost/Share $338.53 Unrealized @ Report Date +62.9%

META META PLATFORMS INC 1.6%

Value $60.34M Shares 81,747 Share Price $738.09 * Est. Cost/Share $246.06 Unrealized @ Report Date +150.6%

PM PHILIP MORRIS INT 1.5%

Value $55.87M Shares 306,764 Share Price $182.13 * Est. Cost/Share $71.32 Unrealized @ Report Date +134.7%

FISV FISERV INC 1.5%

Value $54.69M Shares 317,208 Share Price $172.41 * Est. Cost/Share $117.90 Unrealized @ Report Date +53.8%

BKNG BOOKING HOLDINGS INC 1.2%

Value $42.57M Shares 7,354 Share Price $5789.24 * Est. Cost/Share $2184.06 Unrealized @ Report Date +133.3%

ADP AUTOMATIC DATA PROCESSING 1.0%

Value $36.98M Shares 119,909 Share Price $308.40 Est. Cost/Share $160.49 Unrealized @ Report Date +88.4%

INTU INTUIT INC 1.0%

Value $36.96M Shares 46,931 Share Price $787.63 * Est. Cost/Share $298.00 Unrealized @ Report Date +126.3%

TXN TEXAS INSTRUMENTS INC 1.0%

Value $35.74M Shares 172,131 Share Price $207.62 * Est. Cost/Share $158.74 Unrealized @ Report Date +9.8%

PEP PEPSICO INC 0.9%

Value $34.15M Shares 258,625 Share Price $132.04 Est. Cost/Share $129.65 Unrealized @ Report Date +1.1%

SYY SYSCO CORP 0.8%

Value $30M Shares 396,088 Share Price $75.74 * Est. Cost/Share $71.30 Unrealized @ Report Date -0.3%

NKE NIKE INC -CL B 0.7%

Value $25.68M Shares 361,519 Share Price $71.04 * Est. Cost/Share $72.05 Unrealized @ Report Date -18.0%

MCD MCDONALD'S CORP 0.7%

Value $25.42M Shares 87,002 Share Price $292.17 * Est. Cost/Share $208.21 Unrealized @ Report Date +45.8%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.5%

Value $19.44M Shares 80,034 Share Price $242.85 * Est. Cost/Share $164.20 Unrealized @ Report Date +37.2%

KVUE KENVUE INC 0.5%

Value $18.88M Shares 902,075 Share Price $20.93 * Est. Cost/Share $19.50 Unrealized @ Report Date +13.6%

SPGI S&P GLOBAL INC 0.5%

Value $17.4M Shares 33,002 Share Price $527.29 * Est. Cost/Share $307.36 Unrealized @ Report Date +61.6%

PYPL PAYPAL HOLDINGS INC 0.5%

Value $17.39M Shares 233,998 Share Price $74.32 * Est. Cost/Share $81.65 Unrealized @ Report Date -16.3%

ACN ACCENTURE PLC-CL A 0.5%

Value $16.58M Shares 55,479 Share Price $298.89 Est. Cost/Share $231.23 Unrealized @ Report Date +31.0%

MCO MOODY'S CORP 0.4%

Value $15.2M Shares 30,308 Share Price $501.59 * Est. Cost/Share $298.48 Unrealized @ Report Date +54.4%

TSM TAIWAN SEMICONDUCTOR-SP ADR 0.0%

Value $57,755 Shares 255 Share Price $226.49 Est. Cost/Share $226.49 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOGL	ALPHABET INC-CL A	3,090,732	$545M	14.9%	$176.23 *	$132.66	+23.1%	CAP STK CL A	02079K305
V	VISA INC-CLASS A SHARES	1,386,290	$492M	13.4%	$355.05 *	$209.15	+65.9%	COM CL A	92826C839
MSFT	MICROSOFT CORP	853,554	$425M	11.6%	$497.41 *	$81.75	+428.9%	COM	594918104
A	AGILENT TECHNOLOGIES INC	2,397,820	$283M	7.7%	$118.01 *	$114.15	-3.3%	COM	00846U101
VRSN	VERISIGN INC	916,747	$265M	7.2%	$288.80 *	$179.96	+49.4%	COM	92343E102
CB	CHUBB LTD	793,427	$230M	6.3%	$289.72	$263.86	+8.8%	COM	H1467J104
ADBE	ADOBE INC	525,265	$203M	5.6%	$386.88	$434.20	-11.3%	COM	00724F101
AXP	AMERICAN EXPRESS CO	458,796	$146M	4.0%	$318.98 *	$86.66	+222.4%	COM	025816109
CNI	CANADIAN NATL RAILWAY CO (US)	1,377,649	$143M	3.9%	$104.10 *	$101.46	-0.8%	COM	136375102
HUBB	HUBBELL INC	324,526	$133M	3.6%	$408.41 *	$382.61	-3.9%	COM	443510607
CME	CME GROUP INC	342,882	$94.51M	2.6%	$275.62 *	$162.45	+65.3%	COM	12572Q105
PAYX	PAYCHEX INC	618,451	$89.96M	2.5%	$145.46	$69.02	+113.7%	COM	704326107
MA	MASTERCARD INC - A	121,423	$68.23M	1.9%	$561.94	$338.53	+62.9%	CL A	57636Q104
META	META PLATFORMS INC	81,747	$60.34M	1.6%	$738.09 *	$246.06	+150.6%	CL A	30303M102
PM	PHILIP MORRIS INT	306,764	$55.87M	1.5%	$182.13 *	$71.32	+134.7%	COM	718172109
FISV	FISERV INC	317,208	$54.69M	1.5%	$172.41 *	$117.90	+53.8%	COM	337738108
BKNG	BOOKING HOLDINGS INC	7,354	$42.57M	1.2%	$5789.24 *	$2184.06	+133.3%	COM	09857L108
ADP	AUTOMATIC DATA PROCESSING	119,909	$36.98M	1.0%	$308.40	$160.49	+88.4%	COM	053015103
INTU	INTUIT INC	46,931	$36.96M	1.0%	$787.63 *	$298.00	+126.3%	COM	461202103
TXN	TEXAS INSTRUMENTS INC	172,131	$35.74M	1.0%	$207.62 *	$158.74	+9.8%	COM	882508104
PEP	PEPSICO INC	258,625	$34.15M	0.9%	$132.04	$129.65	+1.1%	COM	713448108
SYY	SYSCO CORP	396,088	$30M	0.8%	$75.74 *	$71.30	-0.3%	COM	871829107
NKE	NIKE INC -CL B	361,519	$25.68M	0.7%	$71.04 *	$72.05	-18.0%	CL B	654106103
MCD	MCDONALD'S CORP	87,002	$25.42M	0.7%	$292.17 *	$208.21	+45.8%	COM	580135101
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	80,034	$19.44M	0.5%	$242.85 *	$164.20	+37.2%	COM	874054109
KVUE	KENVUE INC	902,075	$18.88M	0.5%	$20.93 *	$19.50	+13.6%	COM	49177J102
SPGI	S&P GLOBAL INC	33,002	$17.4M	0.5%	$527.29 *	$307.36	+61.6%	COM	78409V104
PYPL	PAYPAL HOLDINGS INC	233,998	$17.39M	0.5%	$74.32 *	$81.65	-16.3%	COM	70450Y103
ACN	ACCENTURE PLC-CL A	55,479	$16.58M	0.5%	$298.89	$231.23	+31.0%	SHS CLASS A	G1151C101
MCO	MOODY'S CORP	30,308	$15.2M	0.4%	$501.59 *	$298.48	+54.4%	COM	615369105
TSM	TAIWAN SEMICONDUCTOR-SP ADR	255	$57,755	0.0%	$226.49	$226.49	—	SPONSORED ADS	874039100