Trinity Street Asset Management LLP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Trinity Street Asset Management LLP disclosed 20 US equity positions worth $1.5bn in its Q2 2025 13F filing. The largest position was HDB at 17.2% of the reported book, followed by TSM and RYAAY. Against the Q1 2025 filing, it opened 4 new positions, added to 10 and reduced 3 among the top 20 holdings.
What did Trinity Street Asset Management LLP own in Q2 2025? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | HDB HDFC BANK LTD | Financial Services | 17.2% | $250.2m | 3,263,200 | -10% | reduced |
| 2 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 16.4% | $238.7m | 1,054,005 | 12% | added |
| 3 | RYAAY RYANAIR HOLDINGS PLC | Industrials | 15.8% | $229.8m | 3,984,748 | 1% | added |
| 4 | INFY INFOSYS LTD | Technology | 14.2% | $207.2m | 11,181,100 | – | new |
| 5 | ICLR ICON PLC | Healthcare | 8.4% | $122.4m | 841,415 | 1% | added |
| 6 | MSFT MICROSOFT CORP | Technology | 3.0% | $44.0m | 88,457 | 0% | held |
| 7 | GOOGL ALPHABET INC | Communication Services | 2.4% | $35.4m | 200,649 | 8% | added |
| 8 | AMZN AMAZON COM INC | Consumer Cyclical | 2.3% | $34.1m | 155,450 | 7% | added |
| 9 | INTU INTUIT | Technology | 2.2% | $32.2m | 40,933 | 108% | added |
| 10 | CLH CLEAN HARBORS INC | Industrials | 1.9% | $28.0m | 121,104 | 1% | added |
| 11 | KB KB FINANCIAL GROUP INC | Financial Services | 1.9% | $27.1m | 328,551 | -1% | reduced |
| 12 | CTSH COGNIZANT TECHNOLOGY SOLUTIO | Technology | 1.8% | $26.3m | 337,653 | 25% | added |
| 13 | CACI CACI INTL INC | Technology | 1.8% | $26.2m | 54,945 | – | new |
| 14 | CI CIGNA CORP NEW | Healthcare | 1.7% | $25.1m | 75,885 | -12% | reduced |
| 15 | CNH INDL N V | 1.7% | $24.6m | 1,901,987 | 1% | added | |
| 16 | NOC NORTHROP GRUMMAN CORP | Industrials | 1.7% | $24.2m | 48,402 | 0% | held |
| 17 | AXALTA COATING SYS LTD | 1.6% | $23.0m | 774,060 | 57% | added | |
| 18 | NUE NUCOR CORP | Basic Materials | 1.5% | $21.9m | 168,704 | 0% | held |
| 19 | EFX EQUIFAX INC | Industrials | 1.3% | $18.8m | 72,531 | – | new |
| 20 | UBER UBER TECHNOLOGIES INC | Technology | 1.3% | $18.2m | 195,519 | – | 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.