Latest Trinity Street Asset Management LLP Stock Portfolio

Trinity Street Asset Management LLP Performance:

2025 Q4: 7.17%YTD: 5.01%2024: -4.2%

Performance for 2025 Q4 is 7.17%, and YTD is 5.01%, and 2024 is -4.2%.

About Trinity Street Asset Management LLP and 13F Hedge Fund Stock Holdings

Trinity Street Asset Management LLP is a hedge fund based in United Kingdom. On 22-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $5.9 Billions. In it's latest 13F Holdings report, Trinity Street Asset Management LLP reported an equity portfolio of $1.6 Billions as of 31 Dec, 2025.

The top stock holdings of Trinity Street Asset Management LLP are TSM, RYAAY, HDB. The fund has invested 18.5% of it's portfolio in TAIWAN SEMICONDUCTOR MFG LTD and 16.7% of portfolio in RYANAIR HOLDINGS PLC.

The fund managers got completely rid off AXALTA COATING SYS LTD (AXTA) stocks. They significantly reduced their stock positions in ALPHABET INC (GOOG), KB FINANCIAL GROUP INC (KB) and MICROSOFT CORP (MSFT). Trinity Street Asset Management LLP opened new stock positions in COHERENT CORP (COHR) and ADVANCED MICRO DEVICES INC (AMD). The fund showed a lot of confidence in some stocks as they added substantially to CNH INDL N V (CNHI), ICON PLC and D R HORTON INC (DHI).

Trinity Street Asset Management LLP Annual Return Estimates Vs S&P 500

Our best estimate is that Trinity Street Asset Management LLP made a return of 7.17% in the last quarter. In trailing 12 months, it's portfolio return was 5.01%.

Performance
S&P 500

New Buys

Ticker	$ Bought
coherent corp	26,555,400
advanced micro devices inc	7,618,530

New stocks bought by Trinity Street Asset Management LLP

Additions

Ticker	% Inc.
cnh indl n v	28.85
icon plc	23.13
d r horton inc	8.00
equifax inc	3.79

Additions to existing portfolio by Trinity Street Asset Management LLP

Reductions

Ticker	% Reduced
alphabet inc	-24.23
kb financial group inc	-7.47
microsoft corp	-5.06
intuit	-4.88
nucor corp	-4.8
amazon com inc	-4.55
cigna corp new	-4.3
northrop grumman corp	-4.3

Trinity Street Asset Management LLP reduced stake in above stock

Sold off

Ticker	$ Sold
axalta coating sys ltd	-22,063,700

Trinity Street Asset Management LLP got rid off the above stocks

Sector Distribution

Trinity Street Asset Management LLP has about 73.2% of it's holdings in Others sector.

Sector	%
Others	73.2
Technology	11.1
Industrials	6.3
Consumer Cyclical	3.6
Communication Services	2.9
Basic Materials	1.6
Healthcare	1.3

Market Cap. Distribution

Trinity Street Asset Management LLP has about 23.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	74.6
LARGE-CAP	15.9
MEGA-CAP	7.8
MID-CAP	1.7

Stocks belong to which Index?

About 18.7% of the stocks held by Trinity Street Asset Management LLP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	81.3
S&P 500	18.7

Top 5 Winners (%)		%
GOOG	alphabet inc	25.3 %
CTSH	cognizant technology solutio	23.6 %
NUE	nucor corp	19.9 %
RYAAY	ryanair holdings plc	19.7 %
INFY	infosys ltd	9.4 %

Top 5 Winners ($)		$
RYAAY	ryanair holdings plc	44.4 M
TSM	taiwan semiconductor mfg ltd	24.1 M
INFY	infosys ltd	16.1 M
HDB	hdfc bank ltd	14.5 M
GOOG	alphabet inc	12.1 M

Top 5 Losers (%)		%
UBER	uber technologies inc	-16.2 %
EFX	equifax inc	-15.2 %
DHI	d r horton inc	-14.5 %
CNHI	cnh indl n v	-13.6 %
MSFT	microsoft corp	-6.5 %

Top 5 Losers ($)		$
UBER	uber technologies inc	-4.8 M
EFX	equifax inc	-4.2 M
DHI	d r horton inc	-3.9 M
CNHI	cnh indl n v	-3.5 M
MSFT	microsoft corp	-2.6 M

Trinity Street Asset Management LLP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Trinity Street Asset Management LLP

Trinity Street Asset Management LLP has 22 stocks in it's portfolio. About 83.8% of the portfolio is in top 10 stocks. UBER proved to be the most loss making stock for the portfolio. RYAAY was the most profitable stock for Trinity Street Asset Management LLP last quarter.

Last Reported on: 22 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AMD	advanced micro devices inc	0.48	35,574	7,618,530	new

AMZN	amazon com inc	2.14	147,801	34,115,400	reduced	-4.55

AXTA	axalta coating sys ltd	0.00	0.00	0.00	sold off	-100

CACI	caci intl inc	1.80	53,839	28,686,000	reduced	-1.59

CI	cigna corp new	1.31	75,773	20,855,000	reduced	-4.3

CLH	clean harbors inc	1.73	117,177	27,475,700	reduced	-2.84

CNHI	cnh indl n v	1.42	2,441,530	22,510,900	added	28.85

COHR	coherent corp	1.67	143,877	26,555,400	new

CTSH	cognizant technology solutio	1.74	332,817	27,623,800	reduced	-1.03

DHI	d r horton inc	1.45	160,212	23,075,300	added	8.00

EFX	equifax inc	1.48	108,406	23,521,900	added	3.79

GOOG	alphabet inc	2.93	148,996	46,635,700	reduced	-24.23

HDB	hdfc bank ltd	13.93	6,067,000	221,688,000	reduced	-1.09

INFY	infosys ltd	11.49	10,263,800	182,901,000	reduced	-1.98

INTU	intuit	1.61	38,776	25,686,000	reduced	-4.88

KB	kb financial group inc	0.33	60,763	5,228,050	reduced	-7.47

MSFT	microsoft corp	2.28	74,850	36,199,000	reduced	-5.06

NOC	northrop grumman corp	1.65	46,136	26,307,200	reduced	-4.3

NUE	nucor corp	1.64	159,946	26,088,800	reduced	-4.8

RYAAY	ryanair holdings plc	16.70	3,680,300	265,681,000	reduced	-1.48