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Veritas Investment Management (UK) Ltd

Location
LONDON, X0
Portfolio Value
Small $619,680,519
Diversification
Diversified
Filing Date
Global Rank
#2,575 / 6,919 ▼ 56 · as of Dec 2021
Top Industry
Information Technology Services 11.2%
Period ended 4 years ago
Filed Feb 11, 2022 · 4y
8 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type
Unknown

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2021, never from the firm's own description.

Style
Concentrated
The top 10 positions are 60.6% of the book (60%+)
Turnover
Low turnover
15.1% over the last four quarters (under 30%)
Horizon
Horizon unknown
The value-weighted holding period is at least 7.5 quarters, but 84.9% of the book was already held when coverage starts

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.

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Portfolio Concentration

32 tracked positions · as of Dec 31, 2021 · Δ vs Sep 30, 2021
Top Position
8.0%
−0.1 pts
Top 5
34.7%
−0.6 pts
Top 10
60.6%
−2.4 pts
HHI
516
Mar 2020 → Dec 2021 · range 516 – 635
Diversified−21

Portfolio Trend

8 quarters · across all stocks

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 CSV
Dec 31, 2021 vs Sep 30, 2021

Added To

Positions the filer increased
3 positions
Ticker Δ Shares Shares Value Open

Trimmed

Positions the filer reduced
20 positions
Ticker Δ Shares Shares Value Open
— −20,870 404,074 $37,526,000

New Positions

Positions the filer opened this quarter
No qualifying positions this quarter.

Sold Out

Positions the filer fully exited
5 positions
Ticker Shares Value Open

Portfolio Positions

Export CSV View 13F filing
32 tracked positions · $619,680,519 total · filing declares 36 positions · $647,753,000 · as of Dec 31, 2021
Ticker Company Shares Value (USD) % of Portfolio History
404,074 $37,526,000 6.06%

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.