Trinity Street Asset Management LLP
SEC Form 13F institutional filer · CIK 0001592579
13F-HR · 13 reported holdings · 2026-03-31
Reported long-US-equity value
$0.34B
Top-10 concentration
85.1%
Trinity Street Asset Management LLP — $337M AUM allocation strategy
Trinity Street Asset Management LLP files SEC Form 13F and reports $337M of long US equity value across 13 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 33.9%, followed by Industrials 23.9% and Consumer Discretionary 15.9%.
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.
Trinity Street Asset Management LLP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$337M
total across 13 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
85% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$UBER +48.5K sh · +$661K+$EFX +33.4K sh · +$2.01M+$MSFT +19.2K sh · −$1.39M
Biggest trims (shares)
−$COHR −21.4K sh · +$2.61M−$CTSH −6.38K sh · −$7.6M−$NUE −3.12K sh · +$430K
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
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)
- Interactive Media & Services12.5%—
- Systems Software10.3%—
- Broadline Retail9.5%—
- Aerospace & Defense9.2%—
- Electronic Components8.7%—
- Steel7.9%—
- Research & Consulting Services7.6%—
- Passenger Ground Transportation7.2%—
- Other holdings27.1%—
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 |
|---|---|---|---|---|---|
| $GOOG | Alphabet Inc. Class C Capital Stock | 146K | $42M | -2.88K | 12.5% |
| $MSFT | Microsoft Corporation | 94K | $34.8M | +19.2K | 10.3% |
| $AMZN | Amazon.com Inc | 154K | $32M | +6.04K | 9.5% |
| $NOC | Northrop Grumman Corporation | 45.2K | $30.9M | -899 | 9.2% |
| $COHR | Coherent Corp | 122K | $29.2M | -21.4K | 8.7% |
| $NUE | Nucor Corporation | 157K | $26.5M | -3.12K | 7.9% |
| $EFX | Equifax Inc | 142K | $25.5M | +33.4K | 7.6% |
| $UBER | Uber Technologies Inc | 338K | $24.3M | +48.5K | 7.2% |
| $DHI | D.R. Horton Inc | 157K | $21.6M | -3.1K | 6.4% |
| $CTSH | Cognizant Technology Solutions Corporation | 326K | $20M | -6.38K | 5.9% |
…and 3 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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