13F HOLDINGS REPORT
Veritas Asset Management LLP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001172661-26-000924
Total Value
$9.77B
Positions
27
Other Managers
0
Confidential Omitted
No
Holdings (27)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AMAZON COM INC | AMZN | 4,375,845 | $1.01B | 10.34% |
| 2 | MICROSOFT CORP | MSFT | 2,085,994 | $1.01B | 10.32% |
| 3 | UNITEDHEALTH GROUP INC | UNH | 2,532,631 | $836.0M | 8.55% |
| 4 | SALESFORCE INC | CRM | 2,965,053 | $785.5M | 8.04% |
| 5 | AON PLC | AON | 1,992,453 | $703.1M | 7.19% |
| 6 | CANADIAN PACIFIC KANSAS CITY | CP | 9,344,449 | $688.0M | 7.04% |
| 7 | THERMO FISHER SCIENTIFIC INC | TMO | 1,133,869 | $657.0M | 6.72% |
| 8 | ALPHABET INC | GOOG | 1,836,779 | $574.9M | 5.88% |
| 9 | BECTON DICKINSON & CO | BDX | 2,874,579 | $557.9M | 5.71% |
| 10 | WATERS CORP | 941848103 | 1,241,206 | $471.4M | 4.82% |
| 11 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 2,867,517 | $464.4M | 4.75% |
| 12 | MASTERCARD INCORPORATED | MA | 787,850 | $449.8M | 4.60% |
| 13 | CHARTER COMMUNICATIONS INC N | 16119P108 | 1,521,130 | $317.5M | 3.25% |
| 14 | ELEVANCE HEALTH INC FORMERLY | ELV | 873,993 | $306.4M | 3.13% |
| 15 | HYATT HOTELS CORP | H | 1,900,417 | $304.7M | 3.12% |
| 16 | ZOETIS INC | ZTS | 1,762,032 | $221.7M | 2.27% |
| 17 | TRANSDIGM GROUP INC | TDG | 141,842 | $188.6M | 1.93% |
| 18 | BIO RAD LABS INC | 090572207 | 543,335 | $164.6M | 1.68% |
| 19 | MEDTRONIC PLC | MDT | 181,007 | $17.4M | 0.18% |
| 20 | PHILIP MORRIS INTL INC | 718172109 | 67,036 | $10.8M | 0.11% |
| 21 | HDFC BANK LTD | HDB | 224,364 | $8.2M | 0.08% |
| 22 | MSC INDL DIRECT INC | 553530106 | 94,539 | $8.0M | 0.08% |
| 23 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 78,090 | $6.5M | 0.07% |
| 24 | NETEASE INC | NETTF | 32,957 | $4.5M | 0.05% |
| 25 | SEA LTD | SE | 22,860 | $2.9M | 0.03% |
| 26 | PDD HOLDINGS INC | PDD | 22,506 | $2.6M | 0.03% |
| 27 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 5,429 | $1.6M | 0.02% |