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Trinity Street Asset Management LLP 13F holdings, Q1 2025

Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →

Trinity Street Asset Management LLP disclosed 16 US equity positions worth $988.0m in its Q1 2025 13F filing. The largest position was HDB at 24.5% of the reported book, followed by RYAAY and TSM. Against the Q4 2024 filing, it opened 3 new positions, added to 3 and reduced 5 among the top 16 holdings.

← Q4 2024 · Q2 2025 →

What did Trinity Street Asset Management LLP own in Q1 2025? Top 16 positions

#StockSectorWeightValueSharesΔ sharesvs Q4 2024
1 HDB HDFC BANK LTD Financial Services 24.5%$242.0m3,642,000 -1% reduced
2 RYAAY RYANAIR HOLDINGS PLC Industrials 16.9%$167.3m3,947,748 -1% reduced
3 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 15.8%$156.0m940,005 -1% reduced
4 ICLR ICON PLC Healthcare 14.8%$145.9m833,819 -1% reduced
5 MSFT MICROSOFT CORP Technology 3.3%$33.1m88,055 42% added
6 GOOGL ALPHABET INC Communication Services 2.9%$28.9m186,601 -0% held
7 CI CIGNA CORP NEW Healthcare 2.9%$28.5m86,478 -0% held
8 AMZN AMAZON COM INC Consumer Cyclical 2.8%$27.6m145,303 -7% reduced
9 NOC NORTHROP GRUMMAN CORP Industrials 2.5%$24.7m48,206 -0% held
10 CLH CLEAN HARBORS INC Industrials 2.4%$23.7m120,465 9% added
11 CNH INDL N V 2.4%$23.2m1,891,690 -0% held
12 CTSH COGNIZANT TECHNOLOGY SOLUTIO Technology 2.1%$20.7m270,486 – new
13 NUE NUCOR CORP Basic Materials 2.0%$20.2m167,867 -0% held
14 KB KB FINANCIAL GROUP INC Financial Services 1.8%$17.9m330,384 36% added
15 AXALTA COATING SYS LTD 1.7%$16.3m492,845 – new
16 INTU INTUIT Technology 1.2%$12.1m19,643 – new

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.