Veritas Investment Management (UK) Ltd
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2021, never from the firm's own description.
Closest benchmark: the S&P 500 as of 2021-12-31, active share 82.7%; sector active share 43.2% against the combined 13F book's sector weights.
Over time 8 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
32 tracked positions · as of Dec 31, 2021 · Δ vs Sep 30, 2021Portfolio Trend
Sector Breakdown
As of Dec 31, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 36.1% | $223,993,255 |
| Healthcare | 18.2% | $113,070,095 |
| Consumer Cyclical | 15.2% | $94,359,300 |
| Financial Services | 11.3% | $69,980,766 |
| Unclassified | 10.6% | $65,932,804 |
| Basic Materials | 4.9% | $30,506,912 |
| Communication Services | 3.5% | $21,763,302 |
| Consumer Defensive | 0.0% | $71,085 |
| Industrials | 0.0% | $3,000 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| APH | Amphenol Corp | −72,995 | 251,890 | $44,060,598 | |
| MSFT | Microsoft Corp | −30,899 | 97,309 | $32,726,962 | |
| — | −20,870 | 404,074 | $37,526,000 | ||
| TSCO | Tractor Supply Co | −19,885 | 138,060 | $32,941,116 | |
| ACN | Accenture plc | −18,268 | 94,026 | $38,978,478 | |
| FISV | Fiserv Inc | −15,346 | 273,695 | $28,406,804 | |
| HAS | Hasbro, Inc. | −11,530 | 263,029 | $26,771,091 | |
| UNH | Unitedhealth Group Inc | −10,419 | 99,122 | $49,773,121 | |
| TMO | Thermo Fisher Scientific Inc. | −10,403 | 66,719 | $44,517,585 | |
| MRSH | Marsh & Mclennan Companies, Inc. | −8,185 | 177,594 | $30,869,389 | |
| ADP | Automatic Data Processing Inc | −7,380 | 105,053 | $25,903,968 | |
| BR | Broadridge Financial Solutions, Inc. | −6,675 | 125,360 | $22,918,315 | |
| AVY | Avery Dennison Corp | −5,393 | 94,101 | $20,379,453 | |
| BRK-B | Berkshire Hathaway Inc | −5,365 | 16,886 | $5,048,914 | |
| GOOG | Alphabet Inc. | −3,687 | 4,850 | $14,034,000 | |
| SNPS | Synopsys Inc | −3,210 | 57,560 | $21,210,860 | |
| MA | Mastercard Inc | −2,984 | 92,977 | $33,408,495 | |
| GOOGL | Alphabet Inc. | −1,905 | 2,668 | $7,729,302 | |
| INTU | Intuit Inc. | −1,370 | 27,181 | $17,483,362 | |
| ALGN | Align Technology Inc | −1,005 | 27,673 | $18,186,142 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 99,122 | $49,773,121 | 8.03% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 66,719 | $44,517,585 | 7.18% | |
| APH |
Amphenol Corp
Technology
|
Reduced | 251,890 | $44,060,598 | 7.11% | |
| ACN |
Accenture plc
Technology
|
Reduced | 94,026 | $38,978,478 | 6.29% | |
|
|
Reduced | 404,074 | $37,526,000 | 6.06% | ||
| MA |
Mastercard Inc
Financial Services
|
Reduced | 92,977 | $33,408,495 | 5.39% | |
| TSCO |
Tractor Supply Co
Consumer Cyclical
|
Reduced | 138,060 | $32,941,116 | 5.32% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 97,309 | $32,726,962 | 5.28% | |
| MRSH |
Marsh & Mclennan Companies, Inc.
Financial Services
|
Reduced | 177,594 | $30,869,389 | 4.98% | |
| FNV |
FRANCO NEVADA Corp
Basic Materials
|
Added | 220,601 | $30,506,912 | 4.92% | |
| FISV |
Fiserv Inc
|
Reduced | 273,695 | $28,406,804 | 4.58% | |
| HAS |
Hasbro, Inc.
Consumer Cyclical
|
Reduced | 263,029 | $26,771,091 | 4.32% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Reduced | 105,053 | $25,903,968 | 4.18% | |
| BR |
Broadridge Financial Solutions, Inc.
Technology
|
Reduced | 125,360 | $22,918,315 | 3.70% | |
| SNPS |
Synopsys Inc
Technology
|
Reduced | 57,560 | $21,210,860 | 3.42% | |
| AVY |
Avery Dennison Corp
Consumer Cyclical
|
Reduced | 94,101 | $20,379,453 | 3.29% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 166,567 | $20,039,675 | 3.23% | |
| ALGN |
Align Technology Inc
Healthcare
|
Reduced | 27,673 | $18,186,142 | 2.93% | |
| INTU |
Intuit Inc.
Technology
|
Reduced | 27,181 | $17,483,362 | 2.82% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 4,279 | $14,267,640 | 2.30% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 4,850 | $14,034,000 | 2.26% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 2,668 | $7,729,302 | 1.25% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 16,886 | $5,048,914 | 0.81% | |
| AAPL |
Apple Inc.
Technology
|
Held | 3,779 | $671,037 | 0.11% | |
| BAC |
Bank Of America Corp
Financial Services
|
Held | 12,500 | $556,125 | 0.09% | |
| HCA |
HCA Healthcare, Inc.
Healthcare
|
Held | 1,600 | $411,072 | 0.07% | |
| MDT |
Medtronic plc
Healthcare
|
Held | 1,761 | $182,175 | 0.03% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Held | 1,500 | $71,085 | 0.01% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Held | 380 | $60,173 | 0.01% | |
| CB |
Chubb Ltd
Financial Services
|
Held | 108 | $20,877 | 0.00% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Held | 350 | $16,793 | 0.00% | |
| BBU |
Brookfield Business Corp
Industrials
|
Held | 57 | $3,000 | 0.00% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.