Filed: 11/7/2025ACC: 0001601407-25-000035
📋 What this filing means
TROY ASSET MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 32 equity positions with a total reported market value of $3.89B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
32
Positions
$3.89B
Total AUM (reported)
20.33M
Total Shares
Allocation by class
COM$2.44B62.6%
CAP STK CL A$611.72M15.7%
COM CL A$487.06M12.5%
ORD SHS$176.12M4.5%
CL A$129.83M3.3%
CL B$31.16M0.8%
SHS CLASS A$19.44M0.5%
Portfolio Concentration
Top 3$1.47B37.7%
4–10$1.54B39.5%
11–25$784.81M20.2%
Rest$101.52M2.6%
Top 3 weight
37.7%
Top 10 weight
77.2%
Voting Authority Distribution
Total shares with voting rights: 20.33M
Sole
Full voting authority
20.33M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole32
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings32
Rows:
ALPHABET INC-CL A
SOLEShares2.52M
TypeSH
Market value$611.72M
15.71%
Sole
2.52M
Shared
0.00
None
0.00
VISA INC-CLASS A SHARES
SOLEShares1.43M
TypeSH
Market value$487.06M
12.51%
Sole
1.43M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares713.04K
TypeSH
Market value$369.32M
9.48%
Sole
713.04K
Shared
0.00
None
0.00
AGILENT TECHNOLOGIES INC
SOLEShares2.40M
TypeSH
Market value$308.57M
7.92%
Sole
2.40M
Shared
0.00
None
0.00
CANADIAN NATL RAILWAY CO (US)
SOLEShares2.74M
TypeSH
Market value$258.22M
6.63%
Sole
2.74M
Shared
0.00
None
0.00
VERISIGN INC
SOLEShares843.20K
TypeSH
Market value$235.73M
6.05%
Sole
843.20K
Shared
0.00
None
0.00
CHUBB LTD
SOLEShares791.68K
TypeSH
Market value$223.45M
5.74%
Sole
791.68K
Shared
0.00
None
0.00
ADOBE INC
SOLEShares527.32K
TypeSH
Market value$186.01M
4.78%
Sole
527.32K
Shared
0.00
None
0.00
ALCON INC
SOLEShares2.97M
TypeSH
Market value$176.12M
4.52%
Sole
2.97M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares458.01K
TypeSH
Market value$152.13M
3.91%
Sole
458.01K
Shared
0.00
None
0.00
HUBBELL INC
SOLEShares343.29K
TypeSH
Market value$147.72M
3.79%
Sole
343.29K
Shared
0.00
None
0.00
CME GROUP INC
SOLEShares330.05K
TypeSH
Market value$89.18M
2.29%
Sole
330.05K
Shared
0.00
None
0.00
PAYCHEX INC
SOLEShares596.43K
TypeSH
Market value$75.60M
1.94%
Sole
596.43K
Shared
0.00
None
0.00
MASTERCARD INC - A
SOLEShares123.84K
TypeSH
Market value$70.44M
1.81%
Sole
123.84K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares80.86K
TypeSH
Market value$59.38M
1.52%
Sole
80.86K
Shared
0.00
None
0.00
FISERV INC
SOLEShares374.14K
TypeSH
Market value$48.24M
1.24%
Sole
374.14K
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
SOLEShares7.50K
TypeSH
Market value$40.50M
1.04%
Sole
7.50K
Shared
0.00
None
0.00
SYSCO CORP
SOLEShares447.43K
TypeSH
Market value$36.84M
0.95%
Sole
447.43K
Shared
0.00
None
0.00
PEPSICO INC
SOLEShares255.74K
TypeSH
Market value$35.92M
0.92%
Sole
255.74K
Shared
0.00
None
0.00
AUTOMATIC DATA PROCESSING
SOLEShares118.60K
TypeSH
Market value$34.81M
0.89%
Sole
118.60K
Shared
0.00
None
0.00
TEXAS INSTRUMENTS INC
SOLEShares182.86K
TypeSH
Market value$33.60M
0.86%
Sole
182.86K
Shared
0.00
None
0.00
INTUIT INC
SOLEShares47.25K
TypeSH
Market value$32.27M
0.83%
Sole
47.25K
Shared
0.00
None
0.00
NIKE INC -CL B
SOLEShares446.85K
TypeSH
Market value$31.16M
0.80%
Sole
446.85K
Shared
0.00
None
0.00
MCDONALD'S CORP
SOLEShares86.03K
TypeSH
Market value$26.14M
0.67%
Sole
86.03K
Shared
0.00
None
0.00
PHILIP MORRIS INT
SOLEShares141.88K
TypeSH
Market value$23.01M
0.59%
Sole
141.88K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALPHABET INC-CL ASOLE | CAP STK CL A | 2.52M | SH | $611.72M 15.71% | 2.52M | 0.00 | 0.00 |
VISA INC-CLASS A SHARESSOLE | COM CL A | 1.43M | SH | $487.06M 12.51% | 1.43M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 713.04K | SH | $369.32M 9.48% | 713.04K | 0.00 | 0.00 |
AGILENT TECHNOLOGIES INCSOLE | COM | 2.40M | SH | $308.57M 7.92% | 2.40M | 0.00 | 0.00 |
CANADIAN NATL RAILWAY CO (US)SOLE | COM | 2.74M | SH | $258.22M 6.63% | 2.74M | 0.00 | 0.00 |
VERISIGN INCSOLE | COM | 843.20K | SH | $235.73M 6.05% | 843.20K | 0.00 | 0.00 |
CHUBB LTDSOLE | COM | 791.68K | SH | $223.45M 5.74% | 791.68K | 0.00 | 0.00 |
ADOBE INCSOLE | COM | 527.32K | SH | $186.01M 4.78% | 527.32K | 0.00 | 0.00 |
ALCON INCSOLE | ORD SHS | 2.97M | SH | $176.12M 4.52% | 2.97M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 458.01K | SH | $152.13M 3.91% | 458.01K | 0.00 | 0.00 |
HUBBELL INCSOLE | COM | 343.29K | SH | $147.72M 3.79% | 343.29K | 0.00 | 0.00 |
CME GROUP INCSOLE | COM | 330.05K | SH | $89.18M 2.29% | 330.05K | 0.00 | 0.00 |
PAYCHEX INCSOLE | COM | 596.43K | SH | $75.60M 1.94% | 596.43K | 0.00 | 0.00 |
MASTERCARD INC - ASOLE | CL A | 123.84K | SH | $70.44M 1.81% | 123.84K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 80.86K | SH | $59.38M 1.52% | 80.86K | 0.00 | 0.00 |
FISERV INCSOLE | COM | 374.14K | SH | $48.24M 1.24% | 374.14K | 0.00 | 0.00 |
BOOKING HOLDINGS INCSOLE | COM | 7.50K | SH | $40.50M 1.04% | 7.50K | 0.00 | 0.00 |
SYSCO CORPSOLE | COM | 447.43K | SH | $36.84M 0.95% | 447.43K | 0.00 | 0.00 |
PEPSICO INCSOLE | COM | 255.74K | SH | $35.92M 0.92% | 255.74K | 0.00 | 0.00 |
AUTOMATIC DATA PROCESSINGSOLE | COM | 118.60K | SH | $34.81M 0.89% | 118.60K | 0.00 | 0.00 |
TEXAS INSTRUMENTS INCSOLE | COM | 182.86K | SH | $33.60M 0.86% | 182.86K | 0.00 | 0.00 |
INTUIT INCSOLE | COM | 47.25K | SH | $32.27M 0.83% | 47.25K | 0.00 | 0.00 |
NIKE INC -CL BSOLE | CL B | 446.85K | SH | $31.16M 0.80% | 446.85K | 0.00 | 0.00 |
MCDONALD'S CORPSOLE | COM | 86.03K | SH | $26.14M 0.67% | 86.03K | 0.00 | 0.00 |
PHILIP MORRIS INTSOLE | COM | 141.88K | SH | $23.01M 0.59% | 141.88K | 0.00 | 0.00 |
Page 1 of 2