HolderBook

Veritas Investment Management LLP

Reported holdings as of Q3 2020, from 8 quarterly filings.

This filer last reported in Q3 2020; the most recent quarter on file across all filers is Q2 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.

CIK
1576707
Reported value
$1.6B
Positions
60
Top 10 weight
70.4%
Filed
2020-11-02
Days after quarter end
33

Holdings

SecurityTickerValue SharesWeightWeight change Held Change
MICROSOFT CORPMSFT$151.9M722,5999.23%-1.12pp8q-4.2%-$6.7M
UNITEDHEALTH GROUP INCUNH$151.3M485,7299.19%-0.35pp8q+1.2%+$1.8M
THERMO FISHER SCIENTIFIC INCTMO$149.0M337,7079.05%+0.30pp8q-5.8%-$9.2M
LABORATORY CORP AMER HLDGSLH$135.8M721,1058.25%+0.37pp8q+2.5%+$3.4M
CERNER CORPCERN$125.6M1,737,9007.63%+0.03pp8q+5.6%+$6.7M
MASTERCARD INCORPORATEDMA$125.5M371,5177.63%+0.05pp8q-2.3%-$2.9M
FISERV INCFISV$84.8M822,9755.15%+0.51pp8q+16.7%+$12.1M
HASBRO INCHAS$82.3M994,2985.00%+0.04pp6q+1.3%+$1.1M
TRACTOR SUPPLY COTSCO$80.5M562,1604.89%-0.12pp3qHELD
MARSH & MCLENNAN COS INCMRSH$72.0M627,6504.37%+4.37pp8q+125430.0%+$71.9M
AMPHENOL CORPAPH$71.5M660,3284.34%+0.10pp8q+0.6%+$406.1K
XYLEM INCXYL$68.8M817,2464.18%+0.59pp8qHELD
AVERY DENNISON CORPAVY$67.5M527,9504.10%+0.14pp7q+2.7%+$1.8M
ALIGN TECHNOLOGY INCALGN$66.3M202,6154.03%-0.21pp8q-11.4%-$8.5M
AUTOMATIC DATA PROCESSING INADP$65.2M467,7753.96%-0.59pp3q+3.2%+$2.0M
ALPHABET INCGOOG$49.0M33,3692.98%-0.22pp8q-0.6%-$290.8K
ALPHABET INCGOOGL$48.9M33,4032.97%-0.23pp8qHELD
BERKSHIRE HATHAWAY INC DELBRKB$26.4M123,9141.60%-3.54pp8q-71.0%-$64.5M
AMAZON COM INCAMZN$2.9M9310.18%flat8q-2.3%-$69.2K
APPLE INCAAPL$2.3M19,4750.14%flat8q+258.6%+$1.6M
INTUITINTU$2.1M6,3820.13%flat8q-1.2%-$26.1K
VISA INCV$1.7M8,7440.11%-0.01pp8q-5.4%-$99.0K
NIKE INCNKE$1.3M10,6790.08%+0.01pp8qHELD
PAYPAL HLDGS INCPYPL$1.2M6,2100.07%flat8q-6.1%-$78.8K
MCDONALDS CORPMCD$1.2M5,4750.07%flat5qHELD
COSTCO WHOLESALE CORPORATIONCOST$1.1M3,0970.07%flat8q-6.1%-$71.0K
ADOBE INCADBE$945.0K1,9280.06%-0.01pp5q-10.4%-$109.8K
DOLLAR GEN CORPDG$744.0K3,5500.05%flat8q-5.3%-$41.9K
META PLATFORMS INCMETA$700.0K2,6730.04%flat3q-7.0%-$52.4K
ECOLAB INCECL$659.0K3,2980.04%flat8qHELD
ILLUMINA INCILMN$595.0K1,9250.04%-0.01pp5qHELD
AMERICAN EXPRESS COAXP$570.0K5,6900.03%+0.02pp8q+89.7%+$269.5K
WEC ENERGY GROUP INCWEC$492.0K5,0800.03%flat8q-5.6%-$29.1K
JOHNSON & JOHNSONJNJ$476.0K3,2000.03%flat8qHELD
ABBOTT LABORATORIESABT$395.0K3,6280.02%flat8qHELD
NORTHERN TR CORPNTRS$390.0K5,0000.02%flat8qHELD
MOODYS CORPMCO$354.0K1,2200.02%+0.02pp8q+360.4%+$277.1K
PHILIP MORRIS INTL INCPM$337.0K4,5000.02%flat8qHELD
S&P GLOBAL INCSPGI$290.0K8050.02%-newNEW
BANK OF NY MELLON CORPBNY$288.0K8,3870.02%flat8qHELD
KEYCORPKEY$264.0K22,1680.02%flat8q-5.3%-$14.8K
ALLEGHANY CORP DELY$217.0K4170.01%flat8qHELD
LAUDER ESTEE COS INCEL$202.0K9250.01%flat5qHELD
HOME DEPOT INCHD$196.0K7050.01%flat8qHELD
EBAY INC.EBAY$171.0K3,2750.01%flat8qHELD
UNION PAC CORPUNP$167.0K8500.01%flat8qHELD
PAYCHEX INCPAYX$160.0K2,0000.01%flat8qHELD
DISNEY WALT CODIS$155.0K1,2500.01%flat8qHELD
CVS HEALTH CORPCVS$149.0K2,5450.01%flat8qHELD
ABBVIE INCABBV$123.0K1,4000.01%flat8qHELD
ALTRIA GROUP INCMO$116.0K3,0000.01%flat8qHELD
NVIDIA CORPORATIONNVDA$116.0K2150.01%flat3qHELD
RTX CORPORATIONRTX$114.0K1,9750.01%flat2q-13.2%-$17.3K
EXXON MOBIL CORPXOMXXXX$91.0K2,6400.01%flat8qHELD
VERIZON COMMUNICATIONS INCVZ$91.0K1,5290.01%flat8qHELD
OTIS WORLDWIDE CORPOTIS$62.0K9870.00%flat2q-13.2%-$9.4K
HONEYWELL INTL INCHONZZZZ$44.0K2700.00%-0.06pp8q-95.5%-$932.0K
MONDELEZ INTL INCMDLZ$42.0K7640.00%flat3q-49.5%-$41.2K
TESLA INCTSLA$17.0K400.00%flat3q+185.7%+$11.1K
BALL CORPBALL$9.0K1140.00%flat8qHELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Software & IT Services 19.4%Insurance 15.2%Industrials 13.3%Business Services 13.0%Instruments & Controls 9.1%Healthcare Services 8.3%Retail & Consumer 5.3%Semiconductors & Electronics 4.4%Medical Devices 4.0%Other sectors 0.6%Not classified 7.7%
 
SectorValueShare
Software & IT Services$318.8M19.4%
Insurance$249.6M15.2%
Industrials$218.5M13.3%
Business Services$214.3M13.0%
Instruments & Controls$149.0M9.1%
Healthcare Services$135.9M8.3%
Retail & Consumer$86.7M5.3%
Semiconductors & Electronics$71.6M4.4%
Medical Devices$66.3M4.0%
Other sectors$9.1M0.6%
Not classified$125.9M7.7%

Quarter by quarter

QuarterValuePositions NewAddedTrimmed ExitedTop 10 Days to file
Q3 2020$1.6B6011320570.4%33
Q2 2020$1.5B64323131471.5%37
Q1 2020$1.2B75182413371.9%36
Q4 2019$1.3B6011712974.9%30
Q3 2019$1.1B6815238578.1%36
Q2 2019$1.1B5811611379.9%36
Q1 2019$1.0B601127778.4%37
Q4 2018$821.4M66000084.9%32

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.