Veritas Asset Management LLP
SEC Form 13F institutional filer · CIK 0001541448
13F-HR · 16 reported holdings · 2026-03-31
Asset management firm.
Reported long-US-equity value
$5.16B
Top-10 concentration
85.4%
Veritas Asset Management LLP — $5.16B AUM allocation strategy
Veritas Asset Management LLP files SEC Form 13F and reports $5.16B of long US equity value across 16 reported holdings for 2026-03-31.
Its largest sector bet is Health Care 37.8%, followed by Financials 26.3% and Information Technology 17.5%.
The top 10 holdings account for 85% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Veritas Asset Management LLP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$5.16B
total across 16 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
85% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$AMZN −1.76M sh · −$465M−$BDX −852K sh · −$240M−$MSFT −787K sh · −$528M
Added from nil (new positions)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Life Sciences Tools & Services15.0%—
- Managed Health Care13.5%—
- Broadline Retail10.6%—
- Transaction & Payment Processing Services10.3%—
- Insurance Brokers9.5%—
- Systems Software9.3%—
- Application Software8.2%—
- Financial Exchanges & Data6.5%—
- Other holdings17.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AMZN | Amazon.com Inc | 2.62M | $546M | -1.76M | 10.6% |
| $MA | Mastercard Incorporated | 1.06M | $531M | +275K | 10.3% |
| $UNH | UnitedHealth Group Incorporated | 1.88M | $509M | -651K | 9.9% |
| $AON | Aon plc | 1.52M | $491M | -472K | 9.5% |
| $MSFT | Microsoft Corporation | 1.3M | $481M | -787K | 9.3% |
| $CRM | Salesforce Inc | 2.25M | $421M | -711K | 8.2% |
| $TMO | Thermo Fisher Scientific Inc | 846K | $416M | -288K | 8.1% |
| $WAT | Waters Corporation | 1.2M | $358M | -40.4K | 6.9% |
| $ICE | Intercontinental Exchange Inc | 2.15M | $338M | -720K | 6.5% |
| $BDX | Becton Dickinson and Company | 2.02M | $318M | -852K | 6.2% |
…and 6 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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