Q2 2026 13F · SEC CIK 1592579
Trinity Street Asset Management LLP
Hedge fundFiled 2026-07-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $1.9B
- Reported positions
- 23
- Top holdings a year, 3 yrs
- +17.2%
- Assets under management
- $10.6B
Trinity Street Asset Management LLP is a hedge fund that reported 23 positions worth $1.9B in its Q2 2026 13F, filed 2026-07-10. Its largest holdings were Taiwan Semiconductor Manufac (TSM, 22.9%), Icon PLC (ICLR, 13.7%), Smurfit Westrock PLC (SW, 12.5%). A portfolio copying its top holdings returned 17.2% a year over the last 3 years, against 20.4% for the S&P 500.
Trinity Street Asset Management LLP holdings all 23 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufac | 22.9% | +3.4% | $444.5M |
| ICLRIcon PLC | 13.7% | +27.1% | $266.7M |
| SWSmurfit Westrock PLC | 12.5% | — | $243.4M |
| RYAAYRyanair Holdings PLC | 11.9% | +3.2% | $231.0M |
| HDBHdfc Bk Ltd ADR | 8.6% | -15.9% | $167.7M |
| INFYInfosys Ltd | 7.1% | -12.4% | $137.2M |
| GOOGLAlphabet Inc | 2.6% | -4.8% | $49.7M |
| AMZNAmazon Com Inc Com | 1.8% | -4.4% | $35.0M |
| MSFTMicrosoft Corp | 1.7% | -4.5% | $33.5M |
| NUENucor Corp | 1.7% | -5.3% | $33.1M |
| COHRCoherent Corp | 1.7% | -32.6% | $32.5M |
| CNHICnh Indl N V | 1.5% | +11.7% | $30.0M |
| CLHClean Harbors Inc | 1.5% | -10.5% | $29.3M |
| SAROStandardaero Inc Com | 1.5% | -4.5% | $28.4M |
| AMDAdvanced Micro Devices Inc | 1.5% | -4.4% | $28.3M |
| DHIDR Horton Inc | 1.3% | -4.4% | $24.5M |
| UBERUber Technologies Inc | 1.2% | -4.5% | $23.3M |
| EFXEquifax Inc | 1.2% | +2.6% | $23.1M |
| NOCNorthrop Grumman Corp | 1.1% | -4.4% | $22.0M |
| CIThe Cigna Group | 1.0% | -4.4% | $19.6M |
| KBKb Finl Group Inc | 0.8% | +141.4% | $15.4M |
| CTSHCognizant Technology Solutions Corp | 0.6% | -4.4% | $12.1M |
| INTUIntuit | 0.6% | -4.5% | $11.5M |
What Trinity Street Asset Management LLP bought and sold in Q2 2026, against Q1 2026.
New positions
- SW Smurfit Westrock PLC12.5% of 13F
Added to
- KB Kb Finl Group Inc+141.4% shares
- ICLR Icon PLC+27.1% shares
- CNHI Cnh Indl N V+11.7% shares
Reduced
- COHR Coherent Corp-32.6% shares
- HDB Hdfc Bk Ltd ADR-15.9% shares
- INFY Infosys Ltd-12.4% shares
- CLH Clean Harbors Inc-10.5% shares
- NUE Nucor Corp-5.3% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +5.5% /yr
- S&P 500 +20.1%
- 3 years
- +17.2% /yr
- S&P 500 +20.4%
- 5 years
- +10.5% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $1.9B | 23 |
| Q1 2026 | $1.5B | 22 |
| Q4 2025 | $1.6B | 22 |
| Q3 2025 | $1.5B | 21 |
| Q2 2025 | $1.5B | 20 |
| Q1 2025 | $988.0M | 16 |
| Q4 2024 | $1.0B | 14 |
| Q3 2024 | $1.0B | 15 |
| Q2 2024 | $1.1B | 16 |
| Q1 2024 | $1.3B | 18 |
| Q4 2023 | $898.8M | 17 |
| Q3 2023 | $778.3M | 22 |
Questions about Trinity Street Asset Management LLP's portfolio
What stocks does Trinity Street Asset Management LLP own?
Trinity Street Asset Management LLP's latest 13F, for Q2 2026 and filed Jul 10, 2026, lists 23 positions worth $1.9B. The largest are Taiwan Semiconductor Manufac (TSM) at 22.9%, Icon PLC (ICLR) at 13.7%, Smurfit Westrock PLC (SW) at 12.5%, Ryanair Holdings PLC (RYAAY) at 11.9% and Hdfc Bk Ltd ADR (HDB) at 8.6%.
What did Trinity Street Asset Management LLP buy last quarter?
In Q2 2026, Trinity Street Asset Management LLP added a new position in Smurfit Westrock PLC (SW), Kb Finl Group Inc (KB) (+141.4% shares), Icon PLC (ICLR) (+27.1% shares) and Cnh Indl N V (CNHI) (+11.7% shares), compared with its Q1 2026 filing.
What did Trinity Street Asset Management LLP sell last quarter?
In Q2 2026, Trinity Street Asset Management LLP Coherent Corp (COHR) (-32.6% shares), Hdfc Bk Ltd ADR (HDB) (-15.9% shares) and Infosys Ltd (INFY) (-12.4% shares), compared with its Q1 2026 filing.
How has Trinity Street Asset Management LLP's portfolio performed?
A portfolio copying Trinity Street Asset Management LLP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +5.5% against +20.1%. Over 5 years: +10.5% a year against +11.6%.
When is Trinity Street Asset Management LLP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Trinity Street Asset Management LLP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Trinity Street Asset Management LLP manage?
Trinity Street Asset Management LLP reported $10.6B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.9B.