Latest Magellan Asset Management Ltd Stock Portfolio
$10.47Billion– No. of Holdings #155
Magellan Asset Management Ltd Performance:
2024 Q1: 7%YTD: 7%2023: 16.58%
Performance for 2024 Q1 is 7%, and YTD is 7%, and 2023 is 16.58%.
About Magellan Asset Management Ltd and 13F Hedge Fund Stock Holdings
Magellan Asset Management Ltd is a hedge fund based in Australia. On 21-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $25.2 Billions. In it's latest 13F Holdings report, Magellan Asset Management Ltd reported an equity portfolio of $10.5 Billions as of 31 Mar, 2024.
The top stock holdings of Magellan Asset Management Ltd are MSFT, AMZN, ICE. The fund has invested 7.5% of it's portfolio in MICROSOFT CORP and 7.1% of portfolio in AMAZON COM INC.
The fund managers got completely rid off MARSH & MCLENNAN COS INC (MMC) stocks. They significantly reduced their stock positions in EVERGY INC (EVRG), SALESFORCE INC (CRM) and CAPITAL ONE FINL CORP (COF). Magellan Asset Management Ltd opened new stock positions in ELI LILLY & CO (LLY) and YUM CHINA HLDGS INC (YUMC). The fund showed a lot of confidence in some stocks as they added substantially to ULTA BEAUTY INC (ULTA), META PLATFORMS INC (META) and AMERICAN WTR WKS CO INC NEW (AWK).
The top stock holdings of Magellan Asset Management Ltd are MSFT, AMZN, ICE. The fund has invested 7.5% of it's portfolio in MICROSOFT CORP and 7.1% of portfolio in AMAZON COM INC.
The fund managers got completely rid off MARSH & MCLENNAN COS INC (MMC) stocks. They significantly reduced their stock positions in EVERGY INC (EVRG), SALESFORCE INC (CRM) and CAPITAL ONE FINL CORP (COF). Magellan Asset Management Ltd opened new stock positions in ELI LILLY & CO (LLY) and YUM CHINA HLDGS INC (YUMC). The fund showed a lot of confidence in some stocks as they added substantially to ULTA BEAUTY INC (ULTA), META PLATFORMS INC (META) and AMERICAN WTR WKS CO INC NEW (AWK).
Magellan Asset Management Ltd Equity Portfolio Value
Last Reported on: 14 May, 2024
Magellan Asset Management Ltd Annual Return Estimates Vs S&P 500
Our best estimate is that Magellan Asset Management Ltd made a return of 7% in the last quarter. In trailing 12 months, it's portfolio return was 19.63%.
New Buys
| Ticker | $ Bought |
|---|---|
| eli lilly & co | 894,654 |
| yum china hldgs inc | 27,694 |
New stocks bought by Magellan Asset Management Ltd
Additions
| Ticker | % Inc. |
|---|---|
| ulta beauty inc | 21,512 |
| meta platforms inc | 348 |
| american wtr wks co inc new | 329 |
| colgate palmolive co | 71.43 |
| alliant energy corp | 53.98 |
| berkshire hathaway inc del | 34.87 |
| tesla inc | 31.06 |
| lauder estee cos inc | 27.88 |
Additions to existing portfolio by Magellan Asset Management Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| evergy inc | -93.51 |
| salesforce inc | -51.99 |
| capital one finl corp | -50.32 |
| lowes cos inc | -36.16 |
| mcdonalds corp | -35.84 |
| hca healthcare inc | -24.31 |
| cms energy corp | -21.39 |
| american express co | -21.25 |
Magellan Asset Management Ltd reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| marsh & mclennan cos inc | -186,249 |
Magellan Asset Management Ltd got rid off the above stocks
Sector Distribution
Magellan Asset Management Ltd has about 18.5% of it's holdings in Consumer Cyclical sector.
| Sector | % |
|---|---|
| Consumer Cyclical | 18.5 |
| Utilities | 18.3 |
| Technology | 13.5 |
| Financial Services | 13.2 |
| Communication Services | 10 |
| Healthcare | 9.6 |
| Industrials | 8.5 |
| Real Estate | 3.7 |
| Consumer Defensive | 3.5 |
| Others | 1.2 |
Market Cap. Distribution
Magellan Asset Management Ltd has about 98.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 59.1 |
| MEGA-CAP | 39.3 |
| UNALLOCATED | 1.2 |
Stocks belong to which Index?
About 98.3% of the stocks held by Magellan Asset Management Ltd either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 98.3 |
| Others | 1.4 |
Magellan Asset Management Ltd Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Magellan Asset Management Ltd
Magellan Asset Management Ltd has 155 stocks in it's portfolio. About 45.5% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. AMZN was the most profitable stock for Magellan Asset Management Ltd last quarter.
Last Reported on: 14 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.45 | 1,496,150 | 256,560,000 | added | 15.81 | ||
| ADBE | adobe inc | 0.00 | 1,102 | 556,069 | added | 24.52 | ||
| ADI | analog devices inc | 0.00 | 146 | 28,877 | reduced | -2.67 | ||
| ADP | automatic data processing in | 0.00 | 240 | 59,938 | reduced | -11.44 | ||
| ADSK | autodesk inc | 0.00 | 805 | 209,638 | reduced | -4.73 | ||
| AEE | ameren corp | 0.16 | 221,763 | 16,401,600 | reduced | -1.15 | ||
| AEP | american elec pwr co inc | 0.31 | 371,635 | 31,997,800 | reduced | -3.94 | ||
| AGR | avangrid inc | 0.06 | 166,925 | 6,082,750 | added | 3.26 | ||
| AGT | ishares tr | 0.03 | 33,793 | 2,700,400 | unchanged | 0.00 | ||
| ALC | alcon ag | 0.00 | 1,087 | 90,536 | unchanged | 0.00 | ||
| ALE | allete inc | 0.03 | 45,150 | 2,692,750 | reduced | -5.67 | ||
| AMT | american tower corp new | 2.39 | 1,266,530 | 250,254,000 | reduced | -1.82 | ||
| AMZN | amazon com inc | 7.10 | 4,120,960 | 743,338,000 | reduced | -11.15 | ||
| ANSS | ansys inc | 0.00 | 26.00 | 9,026 | unchanged | 0.00 | ||
| AON | aon plc | 0.00 | 335 | 111,796 | reduced | -20.62 | ||
| APD | air prods & chems inc | 0.00 | 66.00 | 15,990 | unchanged | 0.00 | ||
| APH | amphenol corp new | 0.00 | 175 | 20,186 | unchanged | 0.00 | ||
| APTV | aptiv plc | 0.00 | 80.00 | 6,372 | unchanged | 0.00 | ||
| ATO | atmos energy corp | 0.14 | 126,113 | 14,991,100 | added | 0.49 | ||
| AVA | avista corp | 0.02 | 47,168 | 1,651,820 | reduced | -1.44 | ||