Trinity Street Asset Management LLP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Trinity Street Asset Management LLP disclosed 22 US equity positions worth $1.6bn in its Q4 2025 13F filing. The largest position was TSM at 18.5% of the reported book, followed by RYAAY and HDB. Against the Q3 2025 filing, it opened 2 new positions, added to 4 and reduced 16 among the top 22 holdings.
What did Trinity Street Asset Management LLP own in Q4 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 18.5% | $293.8m | 966,824 | -3% | reduced |
| 2 | RYAAY RYANAIR HOLDINGS PLC | Industrials | 16.7% | $265.7m | 3,680,298 | -1% | reduced |
| 3 | HDB HDFC BANK LTD | Financial Services | 13.9% | $221.7m | 6,067,000 | -1% | reduced |
| 4 | ICLR ICON PLC | Healthcare | 12.3% | $195.4m | 1,072,428 | 23% | added |
| 5 | INFY INFOSYS LTD | Technology | 11.5% | $182.9m | 10,263,804 | -2% | reduced |
| 6 | GOOGL ALPHABET INC | Communication Services | 2.9% | $46.6m | 148,996 | -24% | reduced |
| 7 | MSFT MICROSOFT CORP | Technology | 2.3% | $36.2m | 74,850 | -5% | reduced |
| 8 | AMZN AMAZON COM INC | Consumer Cyclical | 2.1% | $34.1m | 147,801 | -5% | reduced |
| 9 | CACI CACI INTL INC | Technology | 1.8% | $28.7m | 53,839 | -2% | reduced |
| 10 | CTSH COGNIZANT TECHNOLOGY SOLUTIO | Technology | 1.7% | $27.6m | 332,817 | -1% | reduced |
| 11 | CLH CLEAN HARBORS INC | Industrials | 1.7% | $27.5m | 117,177 | -3% | reduced |
| 12 | COHR COHERENT CORP | Technology | 1.7% | $26.6m | 143,877 | – | new |
| 13 | NOC NORTHROP GRUMMAN CORP | Industrials | 1.7% | $26.3m | 46,136 | -4% | reduced |
| 14 | NUE NUCOR CORP | Basic Materials | 1.6% | $26.1m | 159,946 | -5% | reduced |
| 15 | INTU INTUIT | Technology | 1.6% | $25.7m | 38,776 | -5% | reduced |
| 16 | UBER UBER TECHNOLOGIES INC | Technology | 1.5% | $23.6m | 289,072 | -4% | reduced |
| 17 | EFX EQUIFAX INC | Industrials | 1.5% | $23.5m | 108,406 | 4% | added |
| 18 | DHI D R HORTON INC | Consumer Cyclical | 1.5% | $23.1m | 160,212 | 8% | added |
| 19 | CNH INDL N V | 1.4% | $22.5m | 2,441,530 | 29% | added | |
| 20 | CI CIGNA CORP NEW | Healthcare | 1.3% | $20.9m | 75,773 | -4% | reduced |
| 21 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.5% | $7.6m | 35,574 | – | new |
| 22 | KB KB FINANCIAL GROUP INC | Financial Services | 0.3% | $5.2m | 60,763 | -7% | 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.