Troy Asset Management Ltd Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001601407 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Dec 3, 2025

Total Value: $3.079B (100.0% shares, 0.0% debt)

Holdings (33)

V VISA INC-CLASS 13.4%

Value $412M Shares 1,570,019 Share Price $262.47 * Est. Cost/Share $207.54 Unrealized @ Report Date +30.5%

MSFT MICROSOFT CORP 13.4%

Value $411M Shares 920,640 Share Price $446.95 * Est. Cost/Share $81.75 Unrealized @ Report Date +410.4%

GOOGL ALPHABET INC 11.8%

Value $362M Shares 1,989,203 Share Price $182.15 * Est. Cost/Share $106.86 Unrealized @ Report Date +56.6%

PG PROCTER & GAMBLE 6.2%

Value $192M Shares 1,163,552 Share Price $164.92 * Est. Cost/Share $79.46 Unrealized @ Report Date +97.8%

AXP AMERICAN EXPRESS CO 6.1%

Value $188M Shares 813,700 Share Price $231.55 Est. Cost/Share $86.66 Unrealized @ Report Date +162.3%

PAYX PAYCHEX INC 4.1%

Value $126M Shares 1,062,769 Share Price $118.56 Est. Cost/Share $69.02 Unrealized @ Report Date +68.6%

A AGILENT TECHNOLOGIES INC 4.0%

Value $124M Shares 960,332 Share Price $129.63 * Est. Cost/Share $84.45 Unrealized @ Report Date +63.7%

CME CME GROUP INC 3.8%

Value $116M Shares 587,896 Share Price $196.60 Est. Cost/Share $162.45 Unrealized @ Report Date +20.0%

VRSN VERISIGN INC 3.5%

Value $109M Shares 613,276 Share Price $177.80 Est. Cost/Share $176.64 Unrealized @ Report Date 0.0%

CB CHUBB LTD 3.5%

Value $107M Shares 419,380 Share Price $255.08 Est. Cost/Share $252.75 Unrealized @ Report Date 0.0%

MDT MEDTRONIC PLC 2.8%

Value $85.44M Shares 1,085,502 Share Price $78.71 Est. Cost/Share $73.55 Unrealized @ Report Date +6.1%

MCO MOODY'S CORP 2.6%

Value $78.54M Shares 186,589 Share Price $420.93 * Est. Cost/Share $298.48 Unrealized @ Report Date +31.7%

PEP PEPSICO INC 2.3%

Value $71.98M Shares 436,457 Share Price $164.93 Est. Cost/Share $129.65 Unrealized @ Report Date +25.2%

ADP AUTOMATIC DATA PROCESSING 2.0%

Value $61.32M Shares 256,912 Share Price $238.69 Est. Cost/Share $160.49 Unrealized @ Report Date +47.4%

PM PHILIP MORRIS INT 1.9%

Value $57.71M Shares 569,529 Share Price $101.33 * Est. Cost/Share $71.32 Unrealized @ Report Date +28.0%

MA MASTERCARD INC 1.8%

Value $54.8M Shares 124,214 Share Price $441.16 * Est. Cost/Share $324.09 Unrealized @ Report Date +39.3%

META META PLATFORMS INC 1.6%

Value $48.59M Shares 96,368 Share Price $504.22 * Est. Cost/Share $231.52 Unrealized @ Report Date +108.8%

CSCO CISCO SYSTEMS INC 1.3%

Value $40.81M Shares 858,996 Share Price $47.51 * Est. Cost/Share $38.42 Unrealized @ Report Date +17.9%

FISV FISERV INC 1.3%

Value $39.68M Shares 266,257 Share Price $149.04 Est. Cost/Share $89.02 Unrealized @ Report Date +70.0%

TXN TEXAS INSTRUMENTS INC 1.3%

Value $38.52M Shares 198,040 Share Price $194.53 * Est. Cost/Share $152.50 Unrealized @ Report Date +15.5%

ALC ALCON AG 1.2%

Value $38.12M Shares 427,118 Share Price $89.25 * Est. Cost/Share $74.36 Unrealized @ Report Date +14.2%

MCD MCDONALD'S CORP 1.2%

Value $37.6M Shares 147,532 Share Price $254.84 Est. Cost/Share $208.21 Unrealized @ Report Date +22.5%

BKNG BOOKING HOLDINGS INC 1.1%

Value $32.45M Shares 8,191 Share Price $3961.50 * Est. Cost/Share $2055.71 Unrealized @ Report Date +77.8%

CNI CANADIAN NATL RAILWAY CO 1.0%

Value $30.91M Shares 261,523 Share Price $118.18 * Est. Cost/Share $115.33 Unrealized @ Report Date +5.0%

JNJ JOHNSON & JOHNSON 1.0%

Value $29.76M Shares 203,630 Share Price $146.16 * Est. Cost/Share $133.71 Unrealized @ Report Date +5.8%

ADBE ADOBE INC 0.9%

Value $28.07M Shares 50,526 Share Price $555.54 * Est. Cost/Share $451.61 Unrealized @ Report Date +7.2%

ACN ACCENTURE PLC IRELAND 0.9%

Value $28.05M Shares 92,442 Share Price $303.41 Est. Cost/Share $231.23 Unrealized @ Report Date +29.5%

KVUE KENVUE INC 0.9%

Value $27.79M Shares 1,528,455 Share Price $18.18 Est. Cost/Share $19.50 Unrealized @ Report Date -6.7%

INTU INTUIT INC 0.9%

Value $26.86M Shares 40,877 Share Price $657.21 * Est. Cost/Share $246.50 Unrealized @ Report Date +149.2%

PYPL PAYPAL HOLDINGS INC 0.7%

Value $20.74M Shares 357,434 Share Price $58.03 * Est. Cost/Share $82.71 Unrealized @ Report Date -23.3%

HSY HERSHEY CO/THE 0.7%

Value $20.29M Shares 110,371 Share Price $183.83 Est. Cost/Share $151.18 Unrealized @ Report Date +21.6%

SPGI S&P GLOBAL INC 0.6%

Value $17.9M Shares 40,132 Share Price $446.00 * Est. Cost/Share $307.36 Unrealized @ Report Date +37.9%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.5%

Value $14.73M Shares 94,718 Share Price $155.49 * Est. Cost/Share $165.21 Unrealized @ Report Date -8.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
V	VISA INC-CLASS	1,570,019	$412M	13.4%	$262.47 *	$207.54	+30.5%	COM CL A	92826C839
MSFT	MICROSOFT CORP	920,640	$411M	13.4%	$446.95 *	$81.75	+410.4%	COM	594918104
GOOGL	ALPHABET INC	1,989,203	$362M	11.8%	$182.15 *	$106.86	+56.6%	CAP STK CL A	02079K305
PG	PROCTER & GAMBLE	1,163,552	$192M	6.2%	$164.92 *	$79.46	+97.8%	COM	742718109
AXP	AMERICAN EXPRESS CO	813,700	$188M	6.1%	$231.55	$86.66	+162.3%	COM	025816109
PAYX	PAYCHEX INC	1,062,769	$126M	4.1%	$118.56	$69.02	+68.6%	COM	704326107
A	AGILENT TECHNOLOGIES INC	960,332	$124M	4.0%	$129.63 *	$84.45	+63.7%	COM	00846U101
CME	CME GROUP INC	587,896	$116M	3.8%	$196.60	$162.45	+20.0%	COM	12572Q105
VRSN	VERISIGN INC	613,276	$109M	3.5%	$177.80	$176.64	0.0%	COM	92343E102
CB	CHUBB LTD	419,380	$107M	3.5%	$255.08	$252.75	0.0%	COM	H1467J104
MDT	MEDTRONIC PLC	1,085,502	$85.44M	2.8%	$78.71	$73.55	+6.1%	SHS	G5960L103
MCO	MOODY'S CORP	186,589	$78.54M	2.6%	$420.93 *	$298.48	+31.7%	COM	615369105
PEP	PEPSICO INC	436,457	$71.98M	2.3%	$164.93	$129.65	+25.2%	COM	713448108
ADP	AUTOMATIC DATA PROCESSING	256,912	$61.32M	2.0%	$238.69	$160.49	+47.4%	COM	053015103
PM	PHILIP MORRIS INT	569,529	$57.71M	1.9%	$101.33 *	$71.32	+28.0%	COM	718172109
MA	MASTERCARD INC	124,214	$54.8M	1.8%	$441.16 *	$324.09	+39.3%	CL A	57636Q104
META	META PLATFORMS INC	96,368	$48.59M	1.6%	$504.22 *	$231.52	+108.8%	CL A	30303M102
CSCO	CISCO SYSTEMS INC	858,996	$40.81M	1.3%	$47.51 *	$38.42	+17.9%	COM	17275R102
FISV	FISERV INC	266,257	$39.68M	1.3%	$149.04	$89.02	+70.0%	COM	337738108
TXN	TEXAS INSTRUMENTS INC	198,040	$38.52M	1.3%	$194.53 *	$152.50	+15.5%	COM	882508104
ALC	ALCON AG	427,118	$38.12M	1.2%	$89.25 *	$74.36	+14.2%	ORD SHS	H01301128
MCD	MCDONALD'S CORP	147,532	$37.6M	1.2%	$254.84	$208.21	+22.5%	COM	580135101
BKNG	BOOKING HOLDINGS INC	8,191	$32.45M	1.1%	$3961.50 *	$2055.71	+77.8%	COM	09857L108
CNI	CANADIAN NATL RAILWAY CO	261,523	$30.91M	1.0%	$118.18 *	$115.33	+5.0%	COM	136375102
JNJ	JOHNSON & JOHNSON	203,630	$29.76M	1.0%	$146.16 *	$133.71	+5.8%	COM	478160104
ADBE	ADOBE INC	50,526	$28.07M	0.9%	$555.54 *	$451.61	+7.2%	COM	00724F101
ACN	ACCENTURE PLC IRELAND	92,442	$28.05M	0.9%	$303.41	$231.23	+29.5%	SHS CLASS A	G1151C101
KVUE	KENVUE INC	1,528,455	$27.79M	0.9%	$18.18	$19.50	-6.7%	COM	49177J102
INTU	INTUIT INC	40,877	$26.86M	0.9%	$657.21 *	$246.50	+149.2%	COM	461202103
PYPL	PAYPAL HOLDINGS INC	357,434	$20.74M	0.7%	$58.03 *	$82.71	-23.3%	COM	70450Y103
HSY	HERSHEY CO/THE	110,371	$20.29M	0.7%	$183.83	$151.18	+21.6%	COM	427866108
SPGI	S&P GLOBAL INC	40,132	$17.9M	0.6%	$446.00 *	$307.36	+37.9%	COM	78409V104
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	94,718	$14.73M	0.5%	$155.49 *	$165.21	-8.2%	COM	874054109