The Rise and Fall of Veritas Asset Management LLP's Q3 and Q4 2022 Fund Holdings

Veritas Asset Management LLP, a global investment management firm, has experienced significant changes in their holdings between Q3 and Q4 2022. While some companies saw an increase in shares, others experienced a decline. In this article, we will take a closer look at these changes and analyze what they mean for Veritas Asset Management LLP and the companies in which they invested.

Starting with the positive changes, Alphabet Inc. (GOOGL) saw a 2.7% increase in the number of shares held by Veritas Asset Management LLP. Microsoft Corp (MSFT) had the biggest positive change with a 37.8% increase, while Mastercard Incorporated (MA) had a 44.3% increase, and Canadian Pac Ry Ltd (CP.TO) had an 8.6% increase. Charter Communications Inc N (CHTR) also saw a 10.3% increase in shares held by Veritas Asset Management LLP.

However, not all companies saw positive changes. Fiserv Inc (FISV) experienced the biggest negative change with a 14.6% decrease in the number of shares held by the investment management firm. Meanwhile, CVS Health Corp (CVS) had a 15% decrease, and Meta Platforms Inc (META) had a staggering 44.3% decrease in shares held.

Other companies that experienced a negative change include The Cooper Companies Inc (COO) with a 27.7% decline, and Amazon Com Inc (AMZN) with an 11.1% decrease. UnitedHealth Group Inc (UNH) and Becton Dickinson & Co (BDX) both saw a small decline of -10.5% and -1.8%, respectively.

As for the smaller companies, Veritas Asset Management LLP acquired 1761000 shares of Pinduoduo Inc (0A2S.IL) in Q4 2022 after having no shares in Q3. Meanwhile, Baxter Intl Inc (BAX), Embecta Corp (EMBC), Netflix Inc (NFLX), and Corteva Inc (CTVA) all saw a 100% decrease in shares held by the investment management firm.

In summary, Veritas Asset Management LLP saw a mix of both positive and negative changes in their Q3 and Q4 2022 holdings. While some companies experienced an increase in shares held, others were not as fortunate. It is essential to note, however, that many factors can influence these investments, and they are subject to change in the future.