13F HOLDINGS REPORT
Veritas Asset Management LLP
Quarter ended Q3 2025 · Filed November 4, 2025 · Accession 0001172661-25-004571
Total Value
$9.36B
Positions
30
Other Managers
0
Confidential Omitted
No
Holdings (30)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 2,181,829 | $1.13B | 12.07% |
| 2 | AMAZON COM INC | AMZN | 4,587,764 | $1.01B | 10.76% |
| 3 | UNITEDHEALTH GROUP INC | UNH | 2,652,995 | $916.1M | 9.79% |
| 4 | AON PLC | AON | 2,053,673 | $732.3M | 7.82% |
| 5 | CANADIAN PACIFIC KANSAS CITY | CP | 9,717,646 | $723.9M | 7.73% |
| 6 | SALESFORCE INC | CRM | 3,039,568 | $720.4M | 7.70% |
| 7 | THERMO FISHER SCIENTIFIC INC | TMO | 1,218,105 | $590.8M | 6.31% |
| 8 | ALPHABET INC | GOOG | 2,284,192 | $555.3M | 5.93% |
| 9 | BECTON DICKINSON & CO | BDX | 2,954,898 | $553.1M | 5.91% |
| 10 | CHARTER COMMUNICATIONS INC N | 16119P108 | 1,544,527 | $424.9M | 4.54% |
| 11 | MASTERCARD INCORPORATED | MA | 664,248 | $377.8M | 4.04% |
| 12 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 2,054,294 | $346.1M | 3.70% |
| 13 | ELEVANCE HEALTH INC FORMERLY | ELV | 902,900 | $291.7M | 3.12% |
| 14 | ZOETIS INC | ZTS | 1,786,297 | $261.4M | 2.79% |
| 15 | BIO RAD LABS INC | 090572207 | 844,039 | $236.7M | 2.53% |
| 16 | WATERS CORP | 941848103 | 584,770 | $175.3M | 1.87% |
| 17 | SCHWAB CHARLES CORP | SCHW-PJ | 1,488,189 | $142.1M | 1.52% |
| 18 | FUTU HLDGS LTD | FUTU | 420,857 | $73.2M | 0.78% |
| 19 | HYATT HOTELS CORP | H | 204,801 | $29.1M | 0.31% |
| 20 | MEDTRONIC PLC | MDT | 181,007 | $17.2M | 0.18% |
| 21 | PHILIP MORRIS INTL INC | 718172109 | 67,036 | $10.9M | 0.12% |
| 22 | HILTON WORLDWIDE HLDGS INC | HLT | 34,159 | $8.9M | 0.09% |
| 23 | MSC INDL DIRECT INC | 553530106 | 94,539 | $8.7M | 0.09% |
| 24 | HDFC BANK LTD | HDB | 224,364 | $7.7M | 0.08% |
| 25 | NETEASE INC | NETTF | 43,463 | $6.6M | 0.07% |
| 26 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 78,090 | $5.2M | 0.06% |
| 27 | PDD HOLDINGS INC | PDD | 22,506 | $3.0M | 0.03% |
| 28 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 9,960 | $2.8M | 0.03% |
| 29 | FULL TRUCK ALLIANCE CO LTD | YMM | 111,136 | $1.4M | 0.02% |
| 30 | TAL EDUCATION GROUP | TAL | 40,746 | $456,355 | 0.00% |