Trinity Street Asset Management LLP 13F Holdings Tracker

Trinity Street Asset Management LLP's disclosed holdings carry a Herfindahl concentration index of 0.117 — mathematically equivalent to about 9 equally-sized positions, well below its 23 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 1.33), with a handful of outsized bets alongside many smaller positions.

Recent activity leans toward initiating meaningfully larger new positions than it adds to existing ones (a 4.6 percentage-point tilt) — a pattern consistent with a more contrarian, new-idea-driven approach.