Trinity Street Asset Management LLP Q3 2023 vs. Q4 2023 13F Holdings Comparison

Trinity Street Asset Management LLP recently released their 13F filings for the third and fourth quarters of 2023. These filings provide an insight into the changes in the holdings of the fund during this time period. In this article, we will explore the significant shifts that occurred in Trinity Street Asset Management LLP's portfolio and discuss the possible reasons behind these changes.

One of the most notable changes in Trinity Street Asset Management LLP's holdings is their increased investment in Ryanair Holdings PLC (RYAAY). The fund's shares in Ryanair increased by 16.3% from Q3 2023 to Q4 2023, with the value of their holdings growing by 54%. This suggests that Trinity Street Asset Management LLP has confidence in Ryanair's performance and potential for growth in the coming months.

Another company that Trinity Street Asset Management LLP showed increased interest in is ICON PLC (ICLR). The fund's shares in ICON increased by 13.8%, with the value of their holdings rising by 30.8%. This indicates that Trinity Street Asset Management LLP sees value in investing in the healthcare research organization and anticipates positive returns from their investment.

Trinity Street Asset Management LLP also significantly increased their investment in Taiwan Semiconductor Manufacturing Co., Ltd. (TSM). The fund's shares in TSM grew by 13.4%, and the value of their holdings rose by 35.8%. This indicates their positive outlook on the semiconductor industry and the potential growth of Taiwan Semiconductor Manufacturing Co., Ltd.

Despite these positive changes, Trinity Street Asset Management LLP made slight adjustments to some of their holdings. Their holdings in KB Financial Group Inc. (KB) increased by only 3.8%, indicating a more conservative approach to this particular investment.

On the technology front, Trinity Street Asset Management LLP increased their investments in Alphabet Inc. (GOOGL) and Amazon.com Inc. (AMZN) by 20.8% and 43.8% respectively. These moves suggest that the fund believes in the growth prospects of these tech giants and their ability to generate strong returns.

In the healthcare sector, Trinity Street Asset Management LLP raised their stakes in Cigna Corp New (CI) and Hologic Inc. (HOLX) by 25.5% and 24.5% respectively. This highlights the fund's confidence in the healthcare industry and its potential for future growth.

In conclusion, Trinity Street Asset Management LLP's 13F filings for Q3 2023 and Q4 2023 show a strategic shift in their portfolio. The fund increased their investments in companies such as Ryanair Holdings PLC, ICON PLC, Taiwan Semiconductor Manufacturing Co., Ltd., Alphabet Inc., and Amazon.com Inc., while making modest adjustments to other holdings. These changes suggest that Trinity Street Asset Management LLP is positioning its portfolio to align with their investment strategies and capitalize on potential market opportunities.

Please note that this article is based on the data provided in the 13F filings, and the information presented here should not be considered as investment advice. Investors should conduct thorough research and consult with a financial advisor before making any investment decisions.