We are live on
!
Find out more
VAM
Veritas Asset Management Portfolio holdings
AUM
$5.9B
1-Year Est. Return
3.19%
This Fund
S&P 500
This Quarter
Est. Return
+0.84%
1 Year Est. Return
-3.19%
3 Year Est. Return
+26.61%
5 Year Est. Return
+23.16%
10 Year Est. Return
+201.18%
AUM
$7.09B
AUM Growth
+$745M
(+12%)
Cap. Flow
+$739M
Cap. Flow
% of AUM
10.42%
Top 10 Holdings %
Top 10 Hldgs %
72.6%
Holding
29
New
4
Increased
13
Reduced
6
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$519M |
| 2 |
American Express
AXP
|
+$145M |
| 3 |
SIRO
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
|
+$108M |
| 4 |
Halliburton
HAL
|
+$73.4M |
| 5 |
Baxter International
BAX
|
+$65.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Labcorp
LH
|
+$243M |
| 2 |
Comcast
CMCSA
|
+$131M |
| 3 |
Lockheed Martin
LMT
|
+$8.63M |
| 4 |
Baidu
BIDU
|
+$7.29M |
| 5 |
CVS Health
CVS
|
+$5.48M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.82% |
| 2 | Healthcare | 26.56% |
| 3 | Communication Services | 19.59% |
| 4 | Financials | 5.84% |
| 5 | Energy | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.93T
| $764M | 10.77% |
17,300,853
+335,385
| +2% | +$15.3M |
|
2
UnitedHealth
UNH
$387B
| $558M | 7.87% |
4,574,608
+197,900
| +5% | +$23.4M |
|
|
3
Comcast
CMCSA
$85B
| $539M | 7.6% |
17,933,236
-4,478,010
| -20% | -$131M |
|
|
4
Baxter International
BAX
$11.7B
| $534M | 7.53% |
14,058,704
+1,742,138
| +14% | +$65.1M |
|
5
Oracle
ORCL
$364B
| $502M | 7.08% |
12,464,627
+470,380
| +4% | +$20.4M |
|
6
Alphabet (Google) Class C
GOOG
$4.22T
| $498M | 7.02% |
18,688,020
+1,023,074
| +6% | +$27.4M |
|
|
7
TSMC
TSM
$2.07T
| $494M | 6.97% |
+21,756,900
| New | +$519M |
|
|
8
CVS Health
CVS
$137B
| $432M | 6.09% |
4,119,956
-53,683
| -1% | -$5.48M |
|
9
Qualcomm
QCOM
$181B
| $426M | 6.01% |
6,805,167
+510,627
| +8% | +$34.8M |
|
|
10
American Express
AXP
$242B
| $402M | 5.67% |
5,171,700
+1,831,800
| +55% | +$145M |
|
|
VAR
11
DELISTED
Varian Medical Systems, Inc.
VAR
| $398M | 5.61% |
5,379,089
+496,168
| +10% | +$38.8M |
|
12
Waters Corp
WAT
$36.2B
| $353M | 4.98% |
2,751,531
-39,803
| -1% | -$5.16M |
|
|
13
Halliburton
HAL
$29.4B
| $341M | 4.81% |
7,919,655
+1,593,155
| +25% | +$73.4M |
|
|
TWC
14
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $340M | 4.79% |
1,908,000
+292,000
| +18% | +$48.4M |
|
|
15
Lockheed Martin
LMT
$117B
| $219M | 3.09% |
1,180,732
-44,835
| -4% | -$8.63M |
|
|
SIRO
16
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $188M | 2.66% |
1,876,531
+1,124,665
| +150% | +$108M |
|
17
SLB Ltd
SLB
$70.3B
| $31.3M | 0.44% |
363,000
| – | – |
|
18
Trip.com Group
TCOM
$26.7B
| $14.5M | 0.2% |
+400,000
| New | +$14M |
|
19
Moody's
MCO
$89.2B
| $12.1M | 0.17% |
112,000
-11,800
| -10% | -$1.27M |
|
|
JOYY
20
JOYY Inc
JOYY
$3.53B
| $8.34M | 0.12% |
120,000
+20,000
| +20% | +$1.33M |
|
21
AutoZone
AZO
$49.7B
| $6.94M | 0.1% |
10,400
| – | – |
|
22
ResMed
RMD
$28.9B
| $6.76M | 0.1% |
120,000
-60,000
| -33% | -$3.79M |
|
23
Franco-Nevada
FNV
$38.7B
| $5.89M | 0.08% |
123,600
+17,500
| +16% | +$887K |
|
24
JD.com
JD
$40B
| $5.12M | 0.07% |
+150,000
| New | +$5.1M |
|
25
Alibaba
BABA
$276B
| $4.94M | 0.07% |
60,000
| – | – |
|
Similar funds
TCM
WAM
BTCPP
CGPCS
AL
JSSH
CAG
SC
Veritas Asset Management's Q2 2015 Portfolio in Review
As of Q2 2015, Veritas Asset Management held 29 positions worth $7.09B, up 12% from $6.35B the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Veritas Asset Management deployed $739M of net new capital in Q2 2015, opening 4 new positions and adding to 13 existing holdings. Its largest new stake was TSMC: 21,756,900 shares worth $494M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 26% a quarter earlier, followed by Healthcare and Communication Services.
On the sell side, the largest reduction was Comcast, an estimated $131M trimmed.
- Veritas Asset Management's largest Q2 2015 buy was TSMC: 21,756,900 shares worth $494M.
- Veritas Asset Management added most to American Express in Q2 2015, an estimated $145M increase.
- Veritas Asset Management's biggest Q2 2015 reduction was Comcast, cutting an estimated $131M.
- Veritas Asset Management fully exited Labcorp in Q2 2015, selling an estimated $243M.
- Veritas Asset Management's ten largest holdings make up 73% of its $7.09B portfolio in Q2 2015.
- Veritas Asset Management opened 4 new positions and closed 2 in Q2 2015.
- Veritas Asset Management's portfolio value rose 12% quarter-over-quarter to $7.09B.
Based on Veritas Asset Management's 13F filing for Q2 2015, filed 6 Aug 2015.