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
+6.09%
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
$12.8B
AUM Growth
+$1.72B
Cap. Flow
+$987M
Cap. Flow %
7.71%
Top 10 Hldgs %
67.81%
Holding
31
New
3
Increased
15
Reduced
5
Closed
2

Top Buys

Rank Stock Value
1
QCOM icon
Qualcomm
QCOM
+$446M
2
TMO icon
Thermo Fisher Scientific
TMO
+$216M
3
BIDU icon
Baidu
BIDU
+$167M
4
CMCSA icon
Comcast
CMCSA
+$119M
5
AXP icon
American Express
AXP
+$107M

Top Sells

Rank Stock Value
1
AGN
Allergan plc
AGN
+$761M
2
TSM icon
TSMC
TSM
+$394M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$263M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$4.85M
5
WAT icon
Waters Corp
WAT
+$2.69M

Sector Composition

Rank Sector Weight
1 Healthcare 32.2%
2 Communication Services 28.9%
3 Technology 18.56%
4 Financials 6.89%
5 Real Estate 0.46%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CHTR icon
1
Charter Communications
CHTR
$16.2B
$1.3B 10.12%
3,845,110
+263,674
+7% +$88M
CMCSA icon
2
Comcast
CMCSA
$85B
$1.25B 9.73%
32,006,173
+3,021,613
+10% +$119M
UNH icon
3
UnitedHealth
UNH
$387B
$981M 7.66%
5,291,867
+399,878
+8% +$70.1M
AXP icon
4
American Express
AXP
$242B
$868M 6.78%
10,303,201
+1,358,474
+15% +$107M
ORCL icon
5
Oracle
ORCL
$364B
$810M 6.33%
16,158,645
+957,195
+6% +$43.6M
MSFT icon
6
Microsoft
MSFT
$2.93T
$713M 5.57%
10,340,082
+847,716
+9% +$58.2M
CVS icon
7
CVS Health
CVS
$137B
$679M 5.3%
8,438,564
+865,756
+11% +$68.4M
BAX icon
8
Baxter International
BAX
$11.7B
$616M 4.81%
10,179,102
+227,343
+2% +$12.9M
BIDU icon
9
Baidu
BIDU
$36.5B
$609M 4.76%
3,404,298
+920,687
+37% +$167M
GOOGL icon
10
Alphabet (Google) Class A
GOOGL
$4.23T
$550M 4.3%
11,837,420
-5,628,240
-32% -$263M
ESRX
11
DELISTED
Express Scripts Holding Company
ESRX
$523M 4.08%
8,192,572
+952,249
+13% +$59.8M
WAT icon
12
Waters Corp
WAT
$36.2B
$441M 3.44%
2,398,397
-15,466
-0.6% -$2.69M
QCOM icon
13
Qualcomm
QCOM
$181B
$440M 3.44%
+7,975,634
New +$446M
TMO icon
14
Thermo Fisher Scientific
TMO
$198B
$424M 3.31%
2,430,759
+1,286,259
+112% +$216M
TSM icon
15
TSMC
TSM
$2.07T
$413M 3.23%
11,819,469
-11,400,413
-49% -$394M
XRAY icon
16
Dentsply Sirona
XRAY
$2.81B
$402M 3.14%
6,201,155
+157,616
+3% +$9.96M
CERN
17
DELISTED
Cerner Corp
CERN
$234M 1.83%
3,519,272
+346,372
+11% +$22.1M
WELL icon
18
Welltower
WELL
$172B
$59.4M 0.46%
793,000
– –
PFE icon
19
Pfizer
PFE
$143B
$53.5M 0.42%
1,679,444
– –
SRCLP
20
DELISTED
Stericycle, Inc
SRCLP
$49.7M 0.39%
742,000
– –
BABA icon
21
Alibaba
BABA
$276B
$24.7M 0.19%
175,000
+125,000
+250% +$15.4M
MCO icon
22
Moody's
MCO
$89.2B
$14.6M 0.11%
119,700
-3,500
-3% -$410K
FNV icon
23
Franco-Nevada
FNV
$38.7B
$4.4M 0.03%
61,000
– –
SHPG
24
DELISTED
Shire pic
SHPG
$2.42M 0.02%
14,612
– –
CBPO
25
DELISTED
China Biologic Products Holdings, Inc.
CBPO
$1.7M 0.01%
15,000
-5,000
-25% -$559K
1
2

Similar funds

TCM
TimesSquare Capital Management New York $5.89B AUM 28.74% 1-Year Est. Return
WAM
Weiss Asset Management Boston, Massachusetts $5.91B AUM 42.42% 1-Year Est. Return
BTCPP
Border to Coast Pensions Partnership Leeds, United Kingdom $5.92B AUM 23.78% 1-Year Est. Return
CGPCS
Capital Group Private Client Services Los Angeles, California $5.93B AUM 27.73% 1-Year Est. Return
AL
Appaloosa LP Short Hills, New Jersey $5.93B AUM 44.55% 1-Year Est. Return
JSSH
J. Safra Sarasin Holding $5.87B AUM 24.95% 1-Year Est. Return
CAG
Crestwood Advisors Group Boston, Massachusetts $5.94B AUM 18.44% 1-Year Est. Return
SC
Samlyn Capital New York $5.86B AUM 36.3% 1-Year Est. Return

Veritas Asset Management's Q2 2017 Portfolio in Review

As of Q2 2017, Veritas Asset Management held 31 positions worth $12.8B, up 16% from $11.1B the previous quarter. Its ten largest holdings account for 68% of the portfolio.

Veritas Asset Management deployed $987M of net new capital in Q2 2017, opening 3 new positions and adding to 15 existing holdings. Its largest new stake was Qualcomm: 7,975,634 shares worth $440M.

By sector, the portfolio is most concentrated in Healthcare at 32% of assets, down from 37% a quarter earlier, followed by Communication Services and Technology.

On the sell side, the largest reduction was TSMC, an estimated $394M trimmed.

  • Veritas Asset Management's largest Q2 2017 buy was Qualcomm: 7,975,634 shares worth $440M.
  • Veritas Asset Management added most to Thermo Fisher Scientific in Q2 2017, an estimated $216M increase.
  • Veritas Asset Management's biggest Q2 2017 reduction was TSMC, cutting an estimated $394M.
  • Veritas Asset Management fully exited Allergan plc in Q2 2017, selling an estimated $761M.
  • Veritas Asset Management's ten largest holdings make up 68% of its $12.8B portfolio in Q2 2017.
  • Veritas Asset Management opened 3 new positions and closed 2 in Q2 2017.
  • Veritas Asset Management's portfolio value rose 16% quarter-over-quarter to $12.8B.

Based on Veritas Asset Management's 13F filing for Q2 2017, filed 8 Aug 2017.