Institutional Manager · CIK 0001592579
Trinity Street Asset Management LLP
LONDON, X0 · File #028-15707
Latest AUM
$1.59B
Positions
22
Top-10 Concentration
83.8%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | ICON PLC | ICLR | +201,455 | +$36.7M | +$6.3M |
| NEW | COHERENT CORP | COHR | +143,877 | +$26.6M | $0 |
| EXITED | AXALTA COATING SYS LTD | G0750C108 | -770,919 | -$22.1M | $0 |
| REDUCE | ALPHABET INC | GOOG | -47,644 | -$14.9M | +$13.7M |
| NEW | ADVANCED MICRO DEVICES INC | AMD | +35,574 | +$7.6M | $0 |
| REDUCE | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | -24,940 | -$7.6M | +$24.4M |
| ADD | CNH INDL N V | N20944109 | +546,628 | +$5.0M | -$3.1M |
| REDUCE | RYANAIR HOLDINGS PLC | RYAOF | -55,300 | -$4.0M | +$44.7M |
| REDUCE | INFOSYS LTD | INFY | -207,796 | -$3.7M | +$16.2M |
| REDUCE | HDFC BANK LTD | HDB | -66,600 | -$2.4M | +$14.6M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202522 pos · $1.59B
- 13F HOLDINGS REPORTQ/E Sep 202521 pos · $1.47B
- 13F HOLDINGS REPORTQ/E Jun 202520 pos · $1.46B
- 13F HOLDINGS REPORTQ/E Mar 202516 pos · $988.0M
- 13F HOLDINGS REPORTQ/E Dec 202414 pos · $1.02B
- 13F HOLDINGS REPORTQ/E Sep 202419 pos · $1.00B
- 13F HOLDINGS REPORT (Amended)Q/E Sep 202415 pos · $1.00B
- 13F HOLDINGS REPORTQ/E Jun 202416 pos · $1.13B
- 13F HOLDINGS REPORTQ/E Mar 202418 pos · $1.25B
- 13F HOLDINGS REPORTQ/E Dec 202322 pos · $778.3M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 966,824 | $293.8M | 18.46% |
| 2 | RYANAIR HOLDINGS PLC | RYAOF | 3,680,298 | $265.7M | 16.70% |
| 3 | HDFC BANK LTD | HDB | 6,067,000 | $221.7M | 13.93% |
| 4 | ICON PLC | ICLR | 1,072,428 | $195.4M | 12.28% |
| 5 | INFOSYS LTD | INFY | 10,263,804 | $182.9M | 11.49% |
| 6 | ALPHABET INC | GOOG | 148,996 | $46.6M | 2.93% |
| 7 | MICROSOFT CORP | MSFT | 74,850 | $36.2M | 2.27% |
| 8 | AMAZON COM INC | AMZN | 147,801 | $34.1M | 2.14% |
| 9 | CACI INTL INC | 127190304 | 53,839 | $28.7M | 1.80% |
| 10 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 332,817 | $27.6M | 1.74% |
| 11 | CLEAN HARBORS INC | CLH | 117,177 | $27.5M | 1.73% |
| 12 | COHERENT CORP | COHR | 143,877 | $26.6M | 1.67% |
| 13 | NORTHROP GRUMMAN CORP | NOC | 46,136 | $26.3M | 1.65% |
| 14 | NUCOR CORP | NUE | 159,946 | $26.1M | 1.64% |
| 15 | INTUIT | INTU | 38,776 | $25.7M | 1.61% |
| 16 | UBER TECHNOLOGIES INC | UBER | 289,072 | $23.6M | 1.48% |
| 17 | EQUIFAX INC | EFX | 108,406 | $23.5M | 1.48% |
| 18 | D R HORTON INC | 23331A109 | 160,212 | $23.1M | 1.45% |
| 19 | CNH INDL N V | N20944109 | 2,441,530 | $22.5M | 1.41% |
| 20 | CIGNA CORP NEW | 125523100 | 75,773 | $20.9M | 1.31% |