Troy Asset Management portfolio
Concentrated managerInvestment firmPortfolio as of Sep 30, 2026 (Q3 2026) · filed with the SEC on Oct 28, 2026 · data updated on Nov 5, 2026 · Q3 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Troy Asset Management reported a $4.2 bn portfolio of 32 positions to the SEC as of the end of Q3 2026. Its largest positions are V, GOOGL, A. During the quarter it opened AutoZone and Xylem.
Sections with a free account
What changed this quarter
31 positions with a change (3 new, 16 added to, 12 trimmed). 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- AutoZone+3.9 ppof portfolioNew— → 3.9%
- Hubbell+59%more sharesIncreased6.4% → 7.5%
- Alcon−55%fewer sharesReduced5.8% → 2.2%
- Xylem+2.6 ppof portfolioNew— → 2.6%
- Markel Group+102%more sharesIncreased3.4% → 5.1%
- Agilent Technologies−12%fewer sharesReduced9.9% → 9.7%
- Verisign+19%more sharesIncreased4.7% → 5.4%
- Amazon.com+68%more sharesIncreased0.9% → 1.3%
- SLB+0.5 ppof portfolioNew— → 0.5%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- VisaV14.0%
- AlphabetGOOGL10.7%
- Agilent TechnologiesA9.7%
- MicrosoftMSFT8.2%
- Canadian National RailwayCNI7.7%
- HubbellHUBB7.5%
- ChubbCB6.9%
- VerisignVRSN5.4%
- Markel GroupMKL5.1%
- AutoZoneAZO3.9%
- AdobeADBE2.8%
- XylemXYL2.6%
- AlconALC2.2%
- MastercardMA1.8%
- CME GroupCME1.6%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 30%
- ● Industrials 19%
- ● Information Technology 18%
- ● Communication Services 12%
- ● Health Care 12%
- ● Consumer Discretionary 6%
- ● Consumer Staples 2%
- ● Energy 1%
How its portfolio changed (8 quarters)
Q3 2026: 32
Q3 2026: 79%
Q3 2026: 10.0%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q2 2025 ↗filed Aug 14, 2025Amendment of Sep 10, 2025 (adds holdings) ↗Amendment of Nov 7, 2025 (replaces the original) ↗
- 13F Q1 2025 ↗filed May 14, 2025Amendment of Sep 10, 2025 (adds holdings) ↗Amendment of Nov 7, 2025 (replaces the original) ↗
- 13F Q4 2024 ↗filed Feb 12, 2025Amendment of Sep 10, 2025 (adds holdings) ↗Amendment of Nov 7, 2025 (adds holdings) ↗2 positions known later through an amendment, worth $54.5M: they could not be copied when the 13F was published.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Jul 30, 2026 (medium confidence).
The data, as reported: TROY ASSET MANAGEMENT LTD (CRD 319174): 7.B no private funds; 5.D assets by client type: pooled vehicles 94% (of $14.7 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
Similar managers by type and size
Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
- Contour Asset ManagementInvestment firm · $4.2 bn
- Crake Asset Management LLPInvestment firm · $4.2 bn
- Trian Fund ManagementInvestment firm · $4.2 bn
- Altarock PartnersInvestment firm · $4.2 bn
- TCG Crossover ManagementInvestment firm · $4.2 bn
- Marshfield AssociatesInvestment firm · $4.3 bn