1y return+10.7%S&P 500 +20.9%
3y return+39.3%S&P 500 +68.5%
5y return+37.4%S&P 500 +74.5%
10y return+171.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $272 against $357 in the S&P 500.2
Trinity Street Asset Management LLPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TSMTaiwan Semiconductor Mfg Ltd | $444.5M | 22.9% | +3.4% |
| Icon PLCCUSIP G4705A100 | $266.7M | 13.7% | +27.1% |
| Smurfit Westrock PLCCUSIP G8267P108 | $243.4M | 12.5% | New |
| RYAAYRyanair Holdings PLC | $231.0M | 11.9% | +3.2% |
| HDBHdfc Bank Ltd | $167.7M | 8.6% | −15.9% |
| INFYInfosys Ltd | $137.2M | 7.1% | −12.4% |
| GOOGLAlphabet Inc | $49.7M | 2.6% | −4.8% |
| AMZNAmazon Com Inc | $35.0M | 1.8% | −4.4% |
| MSFTMicrosoft Corp | $33.5M | 1.7% | −4.5% |
| NUENucor Corp | $33.1M | 1.7% | −5.3% |
| COHRCoherent Corp | $32.5M | 1.7% | −32.6% |
| Cnh Indl N VCUSIP N20944109 | $30.0M | 1.5% | +11.7% |
| CLHClean Harbors Inc | $29.3M | 1.5% | −10.5% |
| SAROStandardaero Inc | $28.4M | 1.5% | −4.5% |
| AMDAdvanced Micro Devices Inc | $28.3M | 1.5% | −4.4% |
| DHID R Horton Inc | $24.5M | 1.3% | −4.4% |
| UBERUber Technologies Inc | $23.3M | 1.2% | −4.5% |
| EFXEquifax Inc | $23.1M | 1.2% | +2.6% |
| NOCNorthrop Grumman Corp | $22.0M | 1.1% | −4.4% |
| CICigna Corp New | $19.6M | 1.0% | −4.4% |
| KBKb Financial Group Inc | $15.4M | 0.8% | +141.4% |
| CTSHCognizant Technology Solutio | $12.1M | 0.6% | −4.4% |
| INTUIntuit | $11.5M | 0.6% | −4.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| TSMTaiwan Semiconductor Mfg Ltd | March 31, 2023 | +413.4% | $444.5M |
| KBKb Financial Group Inc | June 30, 2020 | +277.3% | $15.4M |
| GOOGLAlphabet Inc | March 31, 2023 | +244.5% | $49.7M |
| AMDAdvanced Micro Devices Inc | December 31, 2025 | +171.3% | $28.3M |
| COHRCoherent Corp | December 31, 2025 | +113.7% | $32.5M |
| MSFTMicrosoft Corp | June 30, 2020 | +83.3% | $33.5M |
| AMZNAmazon Com Inc | June 30, 2023 | +82.8% | $35.0M |
| CLHClean Harbors Inc | September 30, 2023 | +78.5% | $29.3M |
| CICigna Corp New | June 30, 2020 | +46.9% | $19.6M |
| NUENucor Corp | June 30, 2024 | +40.9% | $33.1M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +16.1% | +14.8% |
| March 31, 2026 | −14.2% | −4.6% |
| December 31, 2025 | +7.8% | +2.4% |
| September 30, 2025 | +3.1% | +7.8% |
| June 30, 2025 | +16.9% | +10.5% |
| March 31, 2025 | −6.5% | −4.6% |
| December 31, 2024 | −3.8% | +2.1% |
| September 30, 2024 | −10.9% | +5.4% |
| June 30, 2024 | +2.2% | +4.0% |
| March 31, 2024 | +17.7% | +10.0% |
| December 31, 2023 | +15.2% | +11.2% |
| September 30, 2023 | −3.1% | −3.6% |
| June 30, 2023 | +6.0% | +8.3% |
| March 31, 2023 | +5.0% | +7.0% |
| December 31, 2022 | +17.3% | +7.1% |
| September 30, 2022 | −14.1% | −5.3% |
| June 30, 2022 | −11.9% | −16.5% |
| March 31, 2022 | −7.7% | −4.9% |
| December 31, 2021 | +6.7% | +10.7% |
| September 30, 2021 | +1.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Trinity Street Asset Management LLP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1592579&type=13F-HR&dateb=&owner=include&count=40CIK 1592579
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1592579/000159257926000004/Filed July 10, 2026 · accession 0001592579-26-000004