Veritas Investment Management LL.P. 13F annual report
Veritas Investment Management LL.P. is an investment fund managing more than $1.65 billion ran by Alison Fawcett. There are currently 60 companies in Mrs. Fawcett’s portfolio. The largest investments include Microsoft and UnitedHealth, together worth $303 million.
$1.65 billion Assets Under Management (AUM)
As of 26th October 2020, Veritas Investment Management LL.P.’s top holding is 722,599 shares of Microsoft currently worth over $152 million and making up 9.2% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Veritas Investment Management LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 485,729 shares of UnitedHealth worth $151 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Thermo Fisher Scientific worth $149 million and the next is Laboratory of America worth $136 million, with 721,105 shares owned.
Currently, Veritas Investment Management LL.P.'s portfolio is worth at least $1.65 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Veritas Investment Management LL.P.
The Veritas Investment Management LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Alison Fawcett serves as the Compliance Officer & MLRO at Veritas Investment Management LL.P..
Recent trades
In the most recent 13F filing, Veritas Investment Management LL.P. revealed that it had opened a new position in
S&P Global and bought 805 shares worth $290 thousand.
This means they effectively own approximately 0.1% of the company.
S&P Global makes up
0.1%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in UnitedHealth by buying
5,760 additional shares.
This makes their stake in UnitedHealth total 485,729 shares worth $151 million.
UnitedHealth dropped approximately 0.1% in the past year.
On the other hand, there are companies that Veritas Investment Management LL.P. is getting rid of from its portfolio.
Veritas Investment Management LL.P. closed its position in Coca-cola Co/the on 2nd November 2020.
It sold the previously owned 5,615 shares for $251 thousand.
Alison Fawcett also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $152 million and 722,599 shares.
One of the largest hedge funds
The two most similar investment funds to Veritas Investment Management LL.P. are Wilbanks Smith & Thomas Asset Management and Sullivan, Bruyette, Speros & Blaney. They manage $1.65 billion and $1.65 billion respectively.
Alison Fawcett investment strategy
Veritas Investment Management LL.P.’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 38.3% of
the total portfolio value.
The fund focuses on investments in the United States as
91.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
87% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $256 billion.
The complete list of Veritas Investment Management LL.P. trades based on 13F SEC filings
These positions were updated on November 2nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corp. |
4.20%
722,599
|
$151,901,000 | 9.23% |
| UnitedHealth Group, Inc. |
1.20%
485,729
|
$151,289,000 | 9.19% |
| Thermo Fisher Scientific, Inc. |
5.85%
337,707
|
$148,996,000 | 9.05% |
| Laboratory Corp. of America Holdings |
2.54%
721,105
|
$135,759,000 | 8.25% |
| Cerner Corp. |
5.63%
1,737,900
|
$125,589,000 | 7.63% |
| Mastercard, Inc. |
2.27%
371,517
|
$125,539,000 | 7.63% |
| Fiserv, Inc. |
16.68%
822,975
|
$84,779,000 | 5.15% |
| Hasbro, Inc. |
1.31%
994,298
|
$82,258,000 | 5.00% |
| Tractor Supply Co. |
0.28%
562,160
|
$80,543,000 | 4.89% |
| Marsh & McLennan Cos., Inc. |
125,430.00%
627,650
|
$71,960,000 | 4.37% |
| Amphenol Corp. |
0.57%
660,328
|
$71,464,000 | 4.34% |
| Xylem Inc/ny |
0.23%
817,246
|
$68,759,000 | 4.18% |
| Avery Dennison Corp. |
2.71%
527,950
|
$67,493,000 | 4.10% |
| Align Technology, Inc. |
11.42%
202,615
|
$66,297,000 | 4.03% |
| Automatic Data Processing, Inc. |
3.16%
467,775
|
$65,248,000 | 3.96% |
| Alphabet, Inc. |
0.59%
33,369
|
$49,013,000 | 2.98% |
| Alphabet, Inc. |
0.26%
33,403
|
$48,939,000 | 2.97% |
| Berkshire Hathaway Inc. |
70.98%
123,914
|
$26,383,000 | 1.60% |
| Amazon.com, Inc. |
2.31%
931
|
$2,930,000 | 0.18% |
| Apple, Inc. |
258.59%
19,475
|
$2,252,000 | 0.14% |
| Intuit, Inc. |
1.24%
6,382
|
$2,081,000 | 0.13% |
| Visa, Inc. |
5.37%
8,744
|
$1,746,000 | 0.11% |
| NIKE, Inc. |
No change
10,679
|
$1,341,000 | 0.08% |
| PayPal Holdings, Inc. |
6.05%
6,210
|
$1,223,000 | 0.07% |
| McDonald's Corp. |
No change
5,475
|
$1,201,000 | 0.07% |
| Costco Wholesale Corp. |
6.07%
3,097
|
$1,099,000 | 0.07% |
| Adobe, Inc. |
10.41%
1,928
|
$945,000 | 0.06% |
| Dollar General Corp. |
5.33%
3,550
|
$744,000 | 0.05% |
| Facebook, Inc. |
6.96%
2,673
|
$700,000 | 0.04% |
| Ecolab, Inc. |
No change
3,298
|
$659,000 | 0.04% |
| Illumina, Inc. |
No change
1,925
|
$595,000 | 0.04% |
| American Express Co. |
89.67%
5,690
|
$570,000 | 0.03% |
| WEC Energy Group, Inc. |
5.58%
5,080
|
$492,000 | 0.03% |
| Johnson & Johnson |
No change
3,200
|
$476,000 | 0.03% |
| Abbott Laboratories |
No change
3,628
|
$395,000 | 0.02% |
| Northern Trust Corp. |
No change
5,000
|
$390,000 | 0.02% |
| Moody's Corp. |
360.38%
1,220
|
$354,000 | 0.02% |
| Philip Morris International, Inc. |
No change
4,500
|
$337,000 | 0.02% |
| S&P Global, Inc. |
Opened
805
|
$290,000 | 0.02% |
| Bank Of New York Mellon Corp/the |
No change
8,387
|
$288,000 | 0.02% |
| KeyCorp |
5.31%
22,168
|
$264,000 | 0.02% |
| Coca-cola Co/the |
Closed
5,615
|
$251,000 | |
| Alleghany Corp. |
No change
417
|
$217,000 | 0.01% |
| Activision Blizzard, Inc. |
Closed
2,732
|
$207,000 | |
| Estee Lauder Cos Inc/the |
No change
925
|
$202,000 | 0.01% |
| Home Depot Inc/the |
No change
705
|
$196,000 | 0.01% |
| eBay, Inc. |
No change
3,275
|
$171,000 | 0.01% |
| Union Pacific Corp. |
No change
850
|
$167,000 | 0.01% |
| Bank of America Corp. |
Closed
6,800
|
$161,000 | |
| Paychex, Inc. |
No change
2,000
|
$160,000 | 0.01% |
| Walt Disney Co/the |
No change
1,250
|
$155,000 | 0.01% |
| CVS Health Corp. |
No change
2,545
|
$149,000 | 0.01% |
| AbbVie, Inc. |
No change
1,400
|
$123,000 | 0.01% |
| Pfizer Inc. |
Closed
3,600
|
$118,000 | |
| Altria Group, Inc. |
No change
3,000
|
$116,000 | 0.01% |
| NVIDIA Corp. |
No change
215
|
$116,000 | 0.01% |
| Broadridge Financial Solutions, Inc. |
Closed
911
|
$115,000 | |
| Raytheon Technologies Corp. |
13.19%
1,975
|
$114,000 | 0.01% |
| Exxon Mobil Corp. |
No change
2,640
|
$91,000 | 0.01% |
| Verizon Communications, Inc. |
No change
1,529
|
$91,000 | 0.01% |
| Otis Worldwide Corporation |
13.19%
987
|
$62,000 | 0.00% |
| Honeywell International, Inc. |
95.49%
270
|
$44,000 | 0.00% |
| Mondelez International, Inc. |
49.54%
764
|
$42,000 | 0.00% |
| Tesla, Inc. |
185.71%
40
|
$17,000 | 0.00% |
| Ball Corp. |
No change
114
|
$9,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 65 holdings | |||
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