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The Merchants Trust PLC announced its Top 10 Holdings and Geographical Distribution of investments as at 31 December 2025. Total Gross Assets were £1,046,400,394, with Lloyds Banking Group Plc being the largest holding at £59,298,646, representing 5.67%. The geographical distribution showed 96.43% of investments in the United Kingdom and 3.57% in Europe ex UK.
| Date | 30 Jan 2026 |
| Time | 15:23:08 |
| Category | Miscellaneous |
| ID | 1605R |
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THE MERCHANTS TRUST PLC LEI: 5299008VJFXCUD2EG312 |
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TOP 10 HOLDINGS AS AT 31 DECEMBER 2025
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Market Value |
% |
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£ |
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Lloyds Banking Group Plc |
59,298,646 |
5.67 |
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GSK Plc |
52,089,475 |
4.98 |
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Rio Tinto Plc |
41,052,050 |
3.92 |
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British American Tobacco Plc |
36,837,500 |
3.52 |
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Barclays Plc |
36,402,525 |
3.48 |
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Shell Plc |
36,325,770 |
3.47 |
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DCC Plc |
28,960,650 |
2.77 |
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BP Plc |
27,856,118 |
2.66 |
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National Grid Plc |
27,290,879 |
2.61 |
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Reckitt Benckiser Group Plc |
26,438,810 |
2.53 |
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Total Gross Assets |
1,046,400,394 |
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GEOGRAPHICAL DISTRIBUTION AS AT 31 DECEMBER 2025 |
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VALUE |
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% |
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UNITED KINGDOM |
982,238,086 |
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96.43 |
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EUROPE EX UK |
36,399,284 |
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3.57 |
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Investments |
1,018,637,370 |
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100.00 |
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Europe ex UK |
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France |
36,399,284 |
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3.57 |
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Spain |
0 |
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0.00 |
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36,399,284 |
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3.57 |
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United Kingdom |
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UK |
982,238,086 |
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96.43 |
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982,238,086 |
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96.43 |
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TOTAL stock value |
1,018,637,370 |
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100.00 |
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Enquiries: |
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Nira Mistry |
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Company Secretary |
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Tel: 020 3246 7475 |
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30 January 2026 |