9AT: TROY ASSET MANAGEMENT LTD

other names

TROY ASSET MANAGEMENT LTD

Adviser Profile

As of Date	06/10/2025
ADV Location	LONDON, United Kingdom
Adviser Type - Large advisory firm - Outside the United States
Number of Employees	43 -4%
of those in investment advisory functions	12 -8%
Registration	SEC, Approved, 05/26/2022

AUM^*	14,799,512,418 -19%
of that, discretionary	14,799,512,418 -19%
Private Fund GAV^*	0
Avg Account Size	616,646,351 -19%
SMA’s	No
Private Funds	1 1
Contact Info	44 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Charitable organizations
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Fund Type	Count	GAV
Fund TypeOther Private Fund	Count1	GAV$

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser EASTSPRING INVESTMENTS (SINGAPORE) LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM121.7b	#Funds4
Adviser T. ROWE PRICE AUSTRALIA LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM17.5b	#Funds-
Adviser BLACKSTONE IRELAND LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.0b	Real Estate Fund-	Securitized Asset Fund12.9b	Venture Capital Fund-	Other Fund-	Total Private Fund GAV14.0b	AUM13.6b	#Funds38
Adviser PRIME CAPITAL MANAGEMENT COMPANY LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM1.0b	#Funds-
Adviser METROPOLE GESTION SA	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM1.2b	#Funds-
Adviser WARATAH CAPITAL ADVISORS LTD.	Hedge Fund47.8m	Liquidity Fund-	Private Equity Fund65.2m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV113.0m	AUM2.3b	#Funds10
Adviser FIRST SENTIER INVESTORS (UK) IM LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM18.0b	#Funds-
Adviser TWENTYFOUR ASSET MANAGEMENT (US) LP	Hedge Fund35.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV35.5m	AUM19.8b	#Funds1
Adviser NAPIER PARK GLOBAL CAPITAL LTD	Hedge Fund1.3b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund5.5b	Venture Capital Fund-	Other Fund35.0m	Total Private Fund GAV6.8b	AUM3.5b	#Funds18
Adviser G10 CAPITAL LIMITED	Hedge Fund-	Liquidity Fund708.0m	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV708.0m	AUM13.1b	#Funds2

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker02079K305	Stock NameALPHABET INC-CL A	$ Position$588,343,909	% Position15.00%	$ Change-4.00%	# Change-25.00%
Stck Ticker92826C839	Stock NameVISA INC-CLASS A SHARES	$ Position$567,405,292	% Position15.00%	$ Change16.00%	# Change13.00%
Stck Ticker594918104	Stock NameMICROSOFT CORP	$ Position$344,289,078	% Position9.00%	$ Change-7.00%	# Change0.00%
Stck Ticker00846U101	Stock NameAGILENT TECHNOLOGIES INC	$ Position$327,365,778	% Position8.00%	$ Change6.00%	# Change0.00%
Stck Ticker136375102	Stock NameCANADIAN NATL RAILWAY CO	$ Position$288,000,198	% Position7.00%	$ Change12.00%	# Change0.00%
Stck TickerH1467J104	Stock NameCHUBB LTD	$ Position$247,349,794	% Position6.00%	$ Change11.00%	# Change0.00%
Stck Ticker443510607	Stock NameHUBBELL INC	$ Position$244,979,958	% Position6.00%	$ Change66.00%	# Change61.00%
Stck TickerH01301128	Stock NameALCON INC	$ Position$189,020,524	% Position5.00%	$ Change7.00%	# Change1.00%
Stck Ticker00724F101	Stock NameADOBE INC	$ Position$183,736,000	% Position5.00%	$ Change-1.00%	# Change0.00%
Stck Ticker92826C839	Stock NameVERISIGN INC	$ Position$189,602,796	% Position5.00%	$ Change-61.00%	# Change-45.00%

Brochure Summary

Overview

Troy Asset Management Ltd. (“Troy” “we” “our” or the “Firm”) is a privately owned, independent investment firm. The Firm was founded in 2000 by the late Lord Weinstock and Sebastian Lyon. The majority of the Firm (66%) is owned by employees, directors and an employee benefit trust. The founding family owns 34% of the Firm and are longstanding clients. Our portfolio managers are also investors in the funds they manage, further aligning their interests with our investors. As at 30 April 2023, Troy managed $18,168,333,820 of net assets on a discretionary basis. Troy does not manage any assets on a non-discretionary basis. The Firm does not provide financial planning, quantitative planning or market timing services. Troy manages assets in a range of multi-asset, UK equity income, global equity and global equity income strategies. Additionally, we offer an exclusions-based ethical capability. Portfolios subject to exclusions are restricted from investment in securities issued by companies in certain industries, or securities deemed to be outside of certain ethical criteria. All Troy’s strategies are long-only but emphasise absolute over relative

returns, seeking to protect and grow the real value of investors’ capital over the long term. We conduct thorough research, and manage concentrated, low-turnover portfolios of our best ideas. The majority of Troy’s assets under management are currently in pooled vehicles with a significant number of underlying investors. As a consequence, it is generally not possible to adapt our investment and stewardship approach to any specific requirements of individual investors in these vehicles. Over time, Troy has developed new funds and strategies, some of which were specifically designed to meet the increased demand for ethical variations of our principal strategies. The remainder of Troy’s assets under management are held by separately managed account clients. Troy generally offers separately managed accounts for larger institutional clients and those with mandate specific requirements such as exclusions. Please refer to Item 16. Investment Discretion for further details on how our services may be tailored to specific client requirements. Troy is authorised and regulated by the Financial Conduct Authority of the United Kingdom.

TROY ASSET MANAGEMENT LTD

Adviser Profile

Details

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Top Holdings

Brochure Summary

Overview