Troy Asset Management Ltd
Net seller this quarter
$3.59B
29
-$3.94M
82.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 V | $560M | 15.62% | 0.09% | 0.0% | Q3 2016 |
 GOOGL | $458M | 12.78% | 0.01% | -13.3% | Q3 2015 |
 A | $356M | 9.92% | 0.95% | +10.9% | Q4 2019 |
 CNI | $322M | 8.99% | 0.42% | -2.5% | Q4 2023 |
 CB | $295M | 8.23% | 0.22% | -1.0% | Q2 2024 |
 MSFT | $246M | 6.86% | 0.01% | -4.0% | Q4 2014 |
 HUBB | $229M | 6.39% | 0.83% | -20.9% | Q1 2025 |
 ALC | $208M | 5.79% | 0.78% | +27.2% | Q3 2019 |
 VRSN | $169M | 4.71% | 0.74% | -14.4% | Q2 2024 |
 MKL | $120M | 3.35% | 0.49% | New | Q2 2026 |
 ADBE | $97.1M | 2.71% | 0.12% | -9.8% | Q2 2022 |
 MA | $71.2M | 1.99% | 0.01% | +8.0% | Q4 2019 |
 CME | $61.5M | 1.72% | 0.08% | +21.9% | Q3 2020 |
 META | $47.9M | 1.34% | Not reported | +18.3% | Q1 2018 |
 TXN | $45.8M | 1.28% | 0.02% | -7.4% | Q4 2022 |
 BKNG | $41.2M | 1.15% | 0.03% | +21.4% | Q1 2018 |
 AMZN | $32.1M | 0.90% | 0.00% | +10.3% | Q4 2025 |
 SYY | $31.5M | 0.88% | 0.08% | -7.3% | Q3 2017 |
 PAYX | $24.7M | 0.69% | 0.07% | -31.4% | Q3 2017 |
 PEP | $24.7M | 0.69% | 0.01% | -7.4% | Q1 2015 |
 PM | $22.4M | 0.62% | 0.01% | -5.3% | Q4 2014 |
 NKE | $19M | 0.53% | 0.03% | -7.3% | Q1 2025 |
 SPGI | $18.5M | 0.52% | 0.02% | +10.3% | Q3 2020 |
 TTWO | $17.9M | 0.50% | 0.04% | +10.3% | Q2 2021 |
 CP | $15.9M | 0.44% | 0.02% | New | Q2 2026 |
 INTU | $15.2M | 0.42% | 0.02% | -18.8% | Q4 2014 |
 KVUE | $14.3M | 0.40% | 0.04% | -7.4% | Q3 2023 |
 MCO | $14.3M | 0.40% | 0.02% | +10.3% | Q2 2021 |
 AZN | $7.38M | 0.21% | Not reported | New | Q2 2026 |
| Q1 2026 | |||||
| V | $493M | 14.71% | 0.09% | -32.0% | Q3 2016 |
| GOOGL | $425M | 12.69% | 0.01% | -21.3% | Q3 2015 |
| CB | $285M | 8.51% | 0.23% | +10.4% | Q2 2024 |
| CNI | $285M | 8.49% | 0.43% | -3.9% | Q4 2023 |
| A | $275M | 8.21% | 0.85% | +0.3% | Q4 2019 |
| HUBB | $272M | 8.11% | 1.04% | +0.4% | Q1 2025 |
| MSFT | $254M | 7.59% | 0.01% | -3.5% | Q4 2014 |
| VRSN | $195M | 5.80% | 0.86% | Not reported | Q2 2024 |
| ALC | $177M | 5.28% | 0.61% | +0.1% | Q3 2019 |
| ADBE | $128M | 3.81% | 0.13% | 0.0% | Q2 2022 |
| CME | $67.5M | 2.01% | 0.07% | -27.3% | Q3 2020 |
| MA | $64.2M | 1.91% | 0.01% | -1.0% | Q4 2019 |
| META | $41.1M | 1.23% | Not reported | -8.5% | Q1 2018 |
| PAYX | $33.7M | 1.01% | 0.10% | -36.4% | Q3 2017 |
| TXN | $32.2M | 0.96% | 0.02% | -8.2% | Q4 2022 |
| BKNG | $32.1M | 0.96% | 0.02% | -7.9% | Q1 2018 |
| INTU | $31M | 0.92% | 0.03% | +29.8% | Q4 2014 |
| PEP | $30.5M | 0.91% | 0.01% | -22.3% | Q1 2015 |
| SYY | $29M | 0.86% | 0.08% | -8.2% | Q3 2017 |
 ACN | $27.5M | 0.82% | 0.02% | +15.0% | Q4 2017 |
| NKE | $26.3M | 0.79% | 0.03% | -8.2% | Q1 2025 |
| AMZN | $25.5M | 0.76% | 0.00% | +4.0% | Q4 2025 |
 MCD | $22.3M | 0.67% | 0.01% | -8.3% | Q3 2017 |
 ADP | $21.9M | 0.65% | 0.03% | -8.2% | Q3 2020 |
| PM | $21.6M | 0.64% | 0.01% | -6.6% | Q4 2014 |
| SPGI | $17.5M | 0.52% | 0.01% | -1.3% | Q3 2020 |
| KVUE | $14M | 0.42% | 0.04% | -8.3% | Q3 2023 |
| TTWO | $12.8M | 0.38% | 0.04% | -1.3% | Q2 2021 |
| MCO | $12.4M | 0.37% | 0.02% | -1.4% | Q2 2021 |
 TSM | $56.8K | 0.00% | 0.00% | Not reported | Q1 2025 |
| Q4 2025 | |||||
| V | $757M | 19.51% | 0.13% | +5.7% | Q3 2016 |
| GOOGL | $588M | 15.16% | 0.02% | -25.3% | Q3 2015 |
| MSFT | $344M | 8.87% | 0.01% | -0.2% | Q4 2014 |
| A | $327M | 8.44% | 0.85% | +0.1% | Q4 2019 |
| CNI | $288M | 7.42% | 0.45% | -0.1% | Q4 2023 |
| CB | $247M | 6.37% | 0.20% | +0.1% | Q2 2024 |
| HUBB | $245M | 6.31% | 1.04% | +60.7% | Q1 2025 |
| ALC | $189M | 4.87% | 0.61% | +0.5% | Q3 2019 |
| ADBE | $184M | 4.74% | 0.13% | -0.5% | Q2 2022 |
| CME | $85.8M | 2.21% | 0.09% | -4.8% | Q3 2020 |
| MA | $74.1M | 1.91% | 0.01% | +4.8% | Q4 2019 |
| PAYX | $64.6M | 1.66% | 0.16% | -3.5% | Q3 2017 |
| META | $51.8M | 1.34% | Not reported | -2.9% | Q1 2018 |
| BKNG | $44.3M | 1.14% | 0.03% | +10.3% | Q1 2018 |
| INTU | $36.5M | 0.94% | 0.02% | +16.8% | Q4 2014 |
| PEP | $36.3M | 0.94% | 0.02% | -1.1% | Q1 2015 |
| NKE | $34.6M | 0.89% | 0.03% | +21.5% | Q1 2025 |
| SYY | $32.6M | 0.84% | 0.09% | -1.1% | Q3 2017 |
| ACN | $32.3M | 0.83% | 0.02% | +52.9% | Q4 2017 |
| TXN | $31.4M | 0.81% | 0.02% | -1.1% | Q4 2022 |
| ADP | $30.2M | 0.78% | 0.03% | -1.1% | Q3 2020 |
| AMZN | $27.1M | 0.70% | 0.00% | New | Q4 2025 |
| MCD | $24M | 0.62% | 0.01% | -8.9% | Q3 2017 |
| PM | $22.4M | 0.58% | 0.01% | -1.5% | Q4 2014 |
| SPGI | $21.8M | 0.56% | 0.01% | +26.2% | Q3 2020 |
| TTWO | $16.9M | 0.44% | 0.04% | -17.7% | Q2 2021 |
| KVUE | $15.2M | 0.39% | 0.05% | -1.1% | Q3 2023 |
| MCO | $14.8M | 0.38% | 0.02% | -4.8% | Q2 2021 |
 PYPL | $13.4M | 0.35% | 0.03% | -5.1% | Q3 2015 |
| TSM | $51.1K | 0.00% | 0.00% | -34.1% | Q1 2025 |
| Q3 2025 | |||||
| V | $723M | 18.56% | 0.12% | +63.7% | Q3 2016 |
| GOOGL | $612M | 15.71% | 0.02% | -18.6% | Q3 2015 |
| MSFT | $369M | 9.48% | 0.01% | -16.5% | Q4 2014 |
| A | $309M | 7.92% | 0.85% | +0.3% | Q4 2019 |
| CNI | $258M | 6.63% | 0.44% | +98.8% | Q4 2023 |
| CB | $223M | 5.74% | 0.20% | -0.2% | Q2 2024 |
| ADBE | $186M | 4.78% | 0.13% | +0.4% | Q2 2022 |
| ALC | $176M | 4.52% | 0.60% | Not reported | Q3 2019 |
 AXP | $152M | 3.91% | 0.07% | -0.2% | Q2 2015 |
| HUBB | $148M | 3.79% | 0.65% | +5.8% | Q1 2025 |
| CME | $89.2M | 2.29% | 0.10% | -3.7% | Q3 2020 |
| PAYX | $75.6M | 1.94% | 0.17% | -3.6% | Q3 2017 |
| MA | $70.4M | 1.81% | 0.01% | +2.0% | Q4 2019 |
| META | $59.4M | 1.52% | Not reported | -1.1% | Q1 2018 |
 FISV | $48.2M | 1.24% | 0.07% | +18.0% | Q4 2014 |
| BKNG | $40.5M | 1.04% | 0.02% | +2.0% | Q1 2018 |
| SYY | $36.8M | 0.95% | 0.09% | +13.0% | Q3 2017 |
| PEP | $35.9M | 0.92% | 0.02% | -1.1% | Q1 2015 |
| ADP | $34.8M | 0.89% | 0.03% | -1.1% | Q3 2020 |
| TXN | $33.6M | 0.86% | 0.02% | +6.2% | Q4 2022 |
| INTU | $32.3M | 0.83% | 0.02% | +0.7% | Q4 2014 |
| NKE | $31.2M | 0.80% | 0.03% | +23.6% | Q1 2025 |
| MCD | $26.1M | 0.67% | 0.01% | -1.1% | Q3 2017 |
| PM | $23M | 0.59% | 0.01% | -53.8% | Q4 2014 |
| TTWO | $20.7M | 0.53% | 0.04% | +0.2% | Q2 2021 |
| ACN | $19.4M | 0.50% | 0.01% | +42.1% | Q4 2017 |
| PYPL | $16.3M | 0.42% | 0.03% | +3.7% | Q3 2015 |
| SPGI | $16.1M | 0.41% | 0.01% | +0.2% | Q3 2020 |
| KVUE | $14.5M | 0.37% | 0.05% | -1.1% | Q3 2023 |
| MCO | $14.5M | 0.37% | 0.02% | +0.2% | Q2 2021 |
| TSM | $71.2K | 0.00% | 0.00% | Not reported | Q1 2025 |