Troy Asset Management Ltd
Filing Date
Global Rank
#862
/ 8,603
▼ 59
· as of Mar 2026
Top Industry
Credit Services
16.6%
3Y Alpha vs SPY
-6.7%
Period ended 3 months ago
Filed May 11, 2026 · 59d
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+48.2%
SPY
+76.0%
Annualised alpha
-6.7%
Max drawdown
−13.8%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
30 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
14.7%
−6.6 pts
Top 5
52.2%
−7.8 pts
Top 10
84.2%
−1.1 pts
HHI
815
Diversified−206
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 28.0% | $939,062,212 |
| Technology | 21.6% | $722,878,827 |
| Industrials | 16.2% | $542,039,059 |
| Healthcare | 14.9% | $500,238,760 |
| Communication Services | 14.3% | $479,443,650 |
| Consumer Defensive | 2.8% | $95,031,105 |
| Consumer Cyclical | 2.2% | $75,413,356 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
7 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CB | Chubb Ltd | +82,293 | 874,776 | $285,115,741 | |
| ACN | Accenture plc | +18,053 | 138,585 | $27,480,019 | |
| INTU | Intuit Inc. | +16,454 | 71,622 | $30,967,920 | |
| A | Agilent Technologies, Inc. | +7,369 | 2,413,232 | $275,060,183 | |
| AMZN | Amazon Com Inc | +4,691 | 122,258 | $25,462,673 | |
| HUBB | Hubbell Inc | +2,361 | 553,981 | $271,860,635 | |
| ALC | Alcon Inc | +1,385 | 2,988,435 | $225,178,577 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
21 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| V | Visa Inc. | −766,384 | 1,631,911 | $493,228,780 | |
| GOOGL | Alphabet Inc. | −400,032 | 1,479,661 | $425,491,317 | |
| PAYX | Paychex Inc | −209,815 | 365,950 | $33,711,314 | |
| CNI | Canadian National Railway Co | −107,192 | 2,628,962 | $270,178,424 | |
| CME | Cme Group Inc. | −85,627 | 228,657 | $67,533,844 | |
| KVUE | Kenvue Inc. | −73,031 | 809,454 | $13,954,986 | |
| PEP | Pepsico Inc | −56,311 | 196,609 | $30,531,411 | |
| NKE | NIKE, Inc. | −44,328 | 498,464 | $26,328,868 | |
| SYY | Sysco Corp | −36,303 | 406,138 | $28,969,823 | |
| MSFT | Microsoft Corp | −24,628 | 687,272 | $254,407,476 | |
| TXN | Texas Instruments Inc | −14,824 | 166,043 | $32,235,588 | |
| ADP | Automatic Data Processing Inc | −9,606 | 107,694 | $21,881,266 | |
| PM | Philip Morris International Inc. | −9,207 | 130,488 | $21,574,885 | |
| META | Meta Platforms, Inc. | −6,648 | 71,841 | $41,102,391 | |
| MCD | Mcdonalds Corp | −6,542 | 71,876 | $22,338,342 | |
| MA | Mastercard Inc | −1,332 | 128,447 | $64,179,828 | |
| TTWO | Take Two Interactive Software Inc | −887 | 65,063 | $12,849,942 | |
| BKNG | Booking Holdings Inc. | −650 | 7,621 | $1,283,473 | |
| SPGI | S&P Global Inc. | −550 | 41,156 | $16,561,297 | |
| MCO | Moodys Corp /De/ | −391 | 28,522 | $12,442,722 | |
| ADBE | Adobe Inc. | −108 | 524,867 | $127,584,670 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VRSN | Verisign Inc/Ca | 783,354 | $194,553,799 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PYPL | PayPal Holdings, Inc. | 230,268 | $13,443,045 | |
| No positions match the current search. | ||||
30 positions ·
$3,354,106,969 total
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| V |
Visa Inc.
Financial Services
|
Reduced | 1,631,911 | $493,228,780 | 14.71% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 1,479,661 | $425,491,317 | 12.69% | |
| CB |
Chubb Ltd
Financial Services
|
Added | 874,776 | $285,115,741 | 8.50% | |
| A |
Agilent Technologies, Inc.
Healthcare
|
Added | 2,413,232 | $275,060,183 | 8.20% | |
| HUBB |
Hubbell Inc
Industrials
|
Added | 553,981 | $271,860,635 | 8.11% | |
| CNI |
Canadian National Railway Co
Industrials
|
Reduced | 2,628,962 | $270,178,424 | 8.06% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 687,272 | $254,407,476 | 7.58% | |
| ALC |
Alcon Inc
Healthcare
|
Added | 2,988,435 | $225,178,577 | 6.71% | |
| VRSN |
Verisign Inc/Ca
Technology
|
NEW | 783,354 | $194,553,799 | 5.80% | |
| ADBE |
Adobe Inc.
Technology
|
Reduced | 524,867 | $127,584,670 | 3.80% | |
| CME |
Cme Group Inc.
Financial Services
|
Reduced | 228,657 | $67,533,844 | 2.01% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 128,447 | $64,179,828 | 1.91% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 71,841 | $41,102,391 | 1.23% | |
| PAYX |
Paychex Inc
Technology
|
Reduced | 365,950 | $33,711,314 | 1.01% | |
| TXN |
Texas Instruments Inc
Technology
|
Reduced | 166,043 | $32,235,588 | 0.96% | |
| INTU |
Intuit Inc.
Technology
|
Added | 71,622 | $30,967,920 | 0.92% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 196,609 | $30,531,411 | 0.91% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 406,138 | $28,969,823 | 0.86% | |
| ACN |
Accenture plc
Technology
|
Added | 138,585 | $27,480,019 | 0.82% | |
| NKE |
NIKE, Inc.
Consumer Cyclical
|
Reduced | 498,464 | $26,328,868 | 0.78% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 122,258 | $25,462,673 | 0.76% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Reduced | 71,876 | $22,338,342 | 0.67% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Reduced | 107,694 | $21,881,266 | 0.65% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 130,488 | $21,574,885 | 0.64% | |
| SPGI |
S&P Global Inc.
Financial Services
|
Reduced | 41,156 | $16,561,297 | 0.49% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
Reduced | 809,454 | $13,954,986 | 0.42% | |
| TTWO |
Take Two Interactive Software Inc
Communication Services
|
Reduced | 65,063 | $12,849,942 | 0.38% | |
| MCO |
Moodys Corp /De/
Financial Services
|
Reduced | 28,522 | $12,442,722 | 0.37% | |
| BKNG |
Booking Holdings Inc.
Consumer Cyclical
|
Reduced | 7,621 | $1,283,473 | 0.04% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Held | 168 | $56,775 | 0.00% |