Troy Asset Management Ltd
SEC Form 13F institutional filer · CIK 0001601407
13F-HR · 27 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$2.89B
Top-10 concentration
85.1%
Troy Asset Management Ltd — $2.89B AUM allocation strategy
Troy Asset Management Ltd files SEC Form 13F and reports $2.89B of long US equity value across 27 reported holdings for 2026-03-31.
Its largest sector bet is Financials 31.5%, followed by Information Technology 23.1% and Communication Services 16.2%.
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.
Troy Asset Management Ltd — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$2.89B
total across 27 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
85% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$CB +82.3K sh · +$37.8M+$ACN +18.1K sh · −$4.86M+$INTU +16.5K sh · −$5.58M
Biggest trims (shares)
−$V −766K sh · −$264M−$GOOG −400K sh · −$163M−$PAYX −210K sh · −$30.9M
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)
- Transaction & Payment Processing Services19.2%—
- Interactive Media & Services16.2%—
- Property & Casualty Insurance9.9%—
- Life Sciences Tools & Services9.5%—
- Industrial Machinery & Supplies & Components9.4%—
- Systems Software8.8%—
- Internet Services & Infrastructure6.7%—
- Application Software5.5%—
- Other holdings14.9%—
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 |
|---|---|---|---|---|---|
| $V | Visa Inc | 1.63M | $493M | -766K | 17.1% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 1.48M | $425M | -400K | 14.7% |
| $CB | Chubb Limited | 875K | $285M | +82.3K | 9.9% |
| $A | Agilent Technologies Inc | 2.41M | $275M | +7.37K | 9.5% |
| $HUBB | Hubbell Inc | 554K | $272M | +2.36K | 9.4% |
| $MSFT | Microsoft Corporation | 687K | $254M | -24.6K | 8.8% |
| $VRSN | VeriSign Inc | 783K | $195M | — | 6.7% |
| $ADBE | Adobe Inc | 525K | $128M | -108 | 4.4% |
| $CME | CME Group Inc | 229K | $67.5M | -85.6K | 2.3% |
| $MA | Mastercard Incorporated | 128K | $64.2M | -1.33K | 2.2% |
…and 17 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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