Latest Magellan Asset Management Ltd Stock Portfolio
$10.50Billion– No. of Holdings #154
Magellan Asset Management Ltd Performance:
2024 Q2: 1.58%YTD: 8.69%2023: 16.58%
Performance for 2024 Q2 is 1.58%, and YTD is 8.69%, 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 30 Jun, 2024.
The top stock holdings of Magellan Asset Management Ltd are MSFT, AMZN, ICE. The fund has invested 7.4% of it's portfolio in MICROSOFT CORP and 7.1% of portfolio in AMAZON COM INC.
The fund managers got completely rid off ALIBABA GROUP HLDG LTD (BABA) and SERVICENOW INC (NOW) stocks. They significantly reduced their stock positions in CAPITAL ONE FINL CORP (COF), ISHARES TR (AGT) and LAUDER ESTEE COS INC (EL). Magellan Asset Management Ltd opened new stock positions in NOVO-NORDISK A S. The fund showed a lot of confidence in some stocks as they added substantially to NEXTERA ENERGY INC (NEE), ULTA BEAUTY INC (ULTA) and AMPHENOL CORP NEW (APH).
The top stock holdings of Magellan Asset Management Ltd are MSFT, AMZN, ICE. The fund has invested 7.4% of it's portfolio in MICROSOFT CORP and 7.1% of portfolio in AMAZON COM INC.
The fund managers got completely rid off ALIBABA GROUP HLDG LTD (BABA) and SERVICENOW INC (NOW) stocks. They significantly reduced their stock positions in CAPITAL ONE FINL CORP (COF), ISHARES TR (AGT) and LAUDER ESTEE COS INC (EL). Magellan Asset Management Ltd opened new stock positions in NOVO-NORDISK A S. The fund showed a lot of confidence in some stocks as they added substantially to NEXTERA ENERGY INC (NEE), ULTA BEAUTY INC (ULTA) and AMPHENOL CORP NEW (APH).
Magellan Asset Management Ltd Equity Portfolio Value
Last Reported on: 13 Aug, 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 1.58% in the last quarter. In trailing 12 months, it's portfolio return was 14.64%.
New Buys
| Ticker | $ Bought |
|---|---|
| novo-nordisk a s | 271,674,000 |
New stocks bought by Magellan Asset Management Ltd
Additions
| Ticker | % Inc. |
|---|---|
| nextera energy inc | 74,073 |
| ulta beauty inc | 171 |
| amphenol corp new | 100 |
| us bancorp del | 55.27 |
| aon plc | 46.87 |
| dollar gen corp new | 41.95 |
| eversource energy | 35.99 |
| shopify inc | 28.27 |
Additions to existing portfolio by Magellan Asset Management Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| capital one finl corp | -99.72 |
| ishares tr | -49.85 |
| lauder estee cos inc | -44.76 |
| nike inc | -43.99 |
| chipotle mexican grill inc | -39.97 |
| wec energy group inc | -37.15 |
| mcdonalds corp | -31.46 |
| alliant energy corp | -30.41 |
Magellan Asset Management Ltd reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| alibaba group hldg ltd | -27,277,900 |
| servicenow inc | -110,548 |
Magellan Asset Management Ltd got rid off the above stocks
Sector Distribution
Magellan Asset Management Ltd has about 17.4% of it's holdings in Utilities sector.
| Sector | % |
|---|---|
| Utilities | 17.4 |
| Consumer Cyclical | 15.9 |
| Technology | 14.5 |
| Financial Services | 12.2 |
| Communication Services | 11.3 |
| Healthcare | 9.3 |
| Industrials | 8.2 |
| Real Estate | 3.9 |
| Others | 3.7 |
| Consumer Defensive | 3.7 |
Market Cap. Distribution
Magellan Asset Management Ltd has about 95.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 54.8 |
| MEGA-CAP | 41.1 |
| UNALLOCATED | 3.7 |
Stocks belong to which Index?
About 95.8% of the stocks held by Magellan Asset Management Ltd either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 95.8 |
| Others | 3.9 |
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 154 stocks in it's portfolio. About 45.2% of the portfolio is in top 10 stocks. NSC proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Magellan Asset Management Ltd last quarter.
Last Reported on: 13 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 3.51 | 1,750,670 | 368,727,000 | added | 17.01 | ||
| ADBE | adobe inc | 0.01 | 1,367 | 759,423 | added | 24.05 | ||
| ADI | analog devices inc | 0.00 | 146 | 33,326 | unchanged | 0.00 | ||
| ADP | automatic data processing in | 0.00 | 277 | 66,117 | added | 15.42 | ||
| ADSK | autodesk inc | 0.00 | 994 | 245,965 | added | 23.48 | ||
| AEE | ameren corp | 0.16 | 244,363 | 17,376,700 | added | 10.19 | ||
| AEP | american elec pwr co inc | 0.32 | 380,291 | 33,366,700 | added | 2.33 | ||
| AGR | avangrid inc | 0.05 | 159,558 | 5,669,100 | reduced | -4.41 | ||
| AGT | ishares tr | 0.01 | 16,948 | 1,335,160 | reduced | -49.85 | ||
| ALE | allete inc | 0.03 | 51,659 | 3,220,940 | added | 14.42 | ||
| AMT | american tower corp new | 2.45 | 1,324,830 | 257,520,000 | added | 4.6 | ||
| AMZN | amazon com inc | 7.13 | 3,876,630 | 749,159,000 | reduced | -5.93 | ||
| ANSS | ansys inc | 0.00 | 26.00 | 8,359 | unchanged | 0.00 | ||
| AON | aon plc | 0.00 | 492 | 144,441 | added | 46.87 | ||
| APD | air prods & chems inc | 0.00 | 66.00 | 17,031 | unchanged | 0.00 | ||
| APH | amphenol corp new | 0.00 | 350 | 23,580 | added | 100 | ||
| APTV | aptiv plc | 0.00 | 80.00 | 5,634 | unchanged | 0.00 | ||
| ATO | atmos energy corp | 0.16 | 140,949 | 16,441,700 | added | 11.76 | ||
| AVA | avista corp | 0.02 | 56,780 | 1,965,160 | added | 20.38 | ||
| AWK | american wtr wks co inc new | 0.92 | 745,408 | 96,276,900 | added | 0.05 | ||