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Trinity Street Asset Management LLP 13F holdings, Q3 2025

Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →

Trinity Street Asset Management LLP disclosed 21 US equity positions worth $1.5bn in its Q3 2025 13F filing. The largest position was TSM at 18.9% of the reported book, followed by RYAAY and HDB. Against the Q2 2025 filing, it opened 1 new position, added to 5 and reduced 6 among the top 21 holdings.

← Q2 2025 · Q4 2025 →

What did Trinity Street Asset Management LLP own in Q3 2025? Top 21 positions

#StockSectorWeightValueSharesΔ sharesvs Q2 2025
1 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 18.9%$277.0m991,764 -6% reduced
2 RYAAY RYANAIR HOLDINGS PLC Industrials 15.3%$225.0m3,735,598 -6% reduced
3 HDB HDFC BANK LTD Financial Services 14.3%$209.5m6,133,600 88% added
4 INFY INFOSYS LTD Technology 11.6%$170.4m10,471,600 -6% reduced
5 ICLR ICON PLC Healthcare 10.4%$152.4m870,973 4% added
6 GOOGL ALPHABET INC Communication Services 3.3%$47.8m196,640 -2% reduced
7 MSFT MICROSOFT CORP Technology 2.8%$40.8m78,840 -11% reduced
8 AMZN AMAZON COM INC Consumer Cyclical 2.3%$34.0m154,846 -0% held
9 UBER UBER TECHNOLOGIES INC Technology 2.0%$29.6m302,034 54% added
10 NOC NORTHROP GRUMMAN CORP Industrials 2.0%$29.4m48,208 -0% held
11 CLH CLEAN HARBORS INC Industrials 1.9%$28.0m120,603 -0% held
12 INTU INTUIT Technology 1.9%$27.8m40,766 -0% held
13 CACI CACI INTL INC Technology 1.9%$27.3m54,707 -0% held
14 EFX EQUIFAX INC Industrials 1.8%$26.8m104,444 44% added
15 DHI D R HORTON INC Consumer Cyclical 1.7%$25.1m148,343 – new
16 CI CIGNA CORP NEW Healthcare 1.6%$22.8m79,181 4% added
17 NUE NUCOR CORP Basic Materials 1.6%$22.8m168,016 -0% held
18 CTSH COGNIZANT TECHNOLOGY SOLUTIO Technology 1.5%$22.6m336,292 -0% held
19 AXALTA COATING SYS LTD 1.5%$22.1m770,919 -0% held
20 CNH INDL N V 1.4%$20.6m1,894,902 -0% held
21 KB KB FINANCIAL GROUP INC Financial Services 0.4%$5.4m65,665 -80% reduced

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.