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
+9.4%
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
$13.9B
AUM Growth
+$608M
Cap. Flow
-$510M
Cap. Flow %
-3.67%
Top 10 Hldgs %
70.39%
Holding
35
New
–
Increased
7
Reduced
19
Closed
2

Top Buys

Rank Stock Value
1
TMO icon
Thermo Fisher Scientific
TMO
+$338M
2
BDX icon
Becton Dickinson
BDX
+$63.1M
3
FISV
Fiserv Inc
FISV
+$43.7M
4
YUMC icon
Yum China
YUMC
+$23.7M
5
CP icon
Canadian Pacific Kansas City
CP
+$17.8M

Top Sells

Rank Stock Value
1
MCO icon
Moody's
MCO
+$222M
2
CHTR icon
Charter Communications
CHTR
+$200M
3
UNH icon
UnitedHealth
UNH
+$136M
4
HTHT icon
Huazhu Hotels Group
HTHT
+$84.6M
5
EFX icon
Equifax
EFX
+$73.9M

Sector Composition

Rank Sector Weight
1 Healthcare 32.27%
2 Financials 20.44%
3 Technology 14.11%
4 Communication Services 13.97%
5 Industrials 10.27%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GOOGL icon
1
Alphabet (Google) Class A
GOOGL
$4.23T
$1.25B 8.97%
8,918,563
-283,118
-3% -$38M
MA icon
2
Mastercard
MA
$480B
$1.21B 8.71%
2,837,885
-104,988
-4% -$42.2M
AMZN icon
3
Amazon
AMZN
$2.66T
$1.12B 8.07%
7,375,063
-147,486
-2% -$20.7M
CP icon
4
Canadian Pacific Kansas City
CP
$83.2B
$1.06B 7.65%
13,434,704
+243,210
+2% +$17.8M
ICE icon
5
Intercontinental Exchange
ICE
$79B
$990M 7.13%
7,707,734
-211,374
-3% -$24M
FISV
6
Fiserv Inc
FISV
$27B
$927M 6.68%
6,980,563
+356,050
+5% +$43.7M
TMO icon
7
Thermo Fisher Scientific
TMO
$198B
$898M 6.47%
1,692,148
+697,383
+70% +$338M
COO icon
8
Cooper Companies
COO
$14B
$847M 6.1%
8,951,244
-69,780
-0.8% -$5.85M
UNH icon
9
UnitedHealth
UNH
$387B
$796M 5.73%
1,511,493
-255,088
-14% -$136M
CHTR icon
10
Charter Communications
CHTR
$16.2B
$681M 4.9%
1,752,235
-490,623
-22% -$200M
MSFT icon
11
Microsoft
MSFT
$2.93T
$671M 4.83%
1,783,750
-191,936
-10% -$68.3M
MCO icon
12
Moody's
MCO
$89.2B
$622M 4.48%
1,591,921
-639,750
-29% -$222M
ELV icon
13
Elevance Health
ELV
$80.9B
$553M 3.98%
1,171,925
-29,864
-2% -$13.8M
BDX icon
14
Becton Dickinson
BDX
$43.6B
$532M 3.83%
2,183,266
+255,914
+13% +$63.1M
EFX icon
15
Equifax
EFX
$21.1B
$352M 2.54%
1,424,729
-364,146
-20% -$73.9M
BIO icon
16
Bio-Rad Laboratories Class A
BIO
$8.15B
$350M 2.52%
1,082,895
-30,648
-3% -$9.61M
ADP icon
17
Automatic Data Processing
ADP
$102B
$328M 2.36%
1,408,765
-41,093
-3% -$9.57M
CTLT
18
DELISTED
CATALENT, INC.
CTLT
$291M 2.09%
6,467,989
-171,783
-3% -$6.95M
ILMN icon
19
Illumina
ILMN
$28.2B
$202M 1.46%
1,492,735
-38,847
-3% -$4.48M
YUMC icon
20
Yum China
YUMC
$15.1B
$93.3M 0.67%
2,199,338
+509,338
+30% +$23.7M
MDT icon
21
Medtronic
MDT
$106B
$14.9M 0.11%
181,007
+44,236
+32% +$3.37M
META icon
22
Meta Platforms (Facebook)
META
$1.64T
$13.6M 0.1%
38,557
-4,743
-11% -$1.54M
MSM icon
23
MSC Industrial Direct
MSM
$6.97B
$11.8M 0.09%
116,681
– –
TSM icon
24
TSMC
TSM
$2.07T
$11.7M 0.08%
112,034
-112,837
-50% -$10.8M
FNV icon
25
Franco-Nevada
FNV
$38.7B
$11.5M 0.08%
104,118
– –
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 Q4 2023 Portfolio in Review

As of Q4 2023, Veritas Asset Management held 35 positions worth $13.9B, up 4.6% from $13.3B the previous quarter. Its ten largest holdings account for 70% of the portfolio.

Veritas Asset Management withdrew a net $510M in Q4 2023, closing 2 positions and reducing 19 holdings. Its most notable exit was Huazhu Hotels Group, an estimated $84.6M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 32% of assets, up from 30% a quarter earlier, followed by Financials and Technology.

Against the trend, Veritas Asset Management added an estimated $338M to Thermo Fisher Scientific.

  • Veritas Asset Management added most to Thermo Fisher Scientific in Q4 2023, an estimated $338M increase.
  • Veritas Asset Management's biggest Q4 2023 reduction was Moody's, cutting an estimated $222M.
  • Veritas Asset Management fully exited Huazhu Hotels Group in Q4 2023, selling an estimated $84.6M.
  • Veritas Asset Management's ten largest holdings make up 70% of its $13.9B portfolio in Q4 2023.
  • Veritas Asset Management opened 0 new positions and closed 2 in Q4 2023.
  • Veritas Asset Management's portfolio value rose 4.6% quarter-over-quarter to $13.9B.

Based on Veritas Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.