SEC 13F Intelligence

Managers / Q4 2018 · view latest →

SHELL ASSET MANAGEMENT CO

CIK 0001211028 · P O BOX 575, THE HAGUE, 2501 CN · 31 70 3773899

Reported Value
$4.0B
Q4 2018
Positions
1,138
Filings on Record
28
2019–present window
Filed
Feb 13, 2019
original filing

Summary

Shell Asset Management Co reported $4.0B in U.S.-listed holdings across 1,138 positions for Q4 2018.

Its largest position, MSFT, represents 2.7% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+15.5%
share of reported value
Largest Position
+2.7%
Microsoft

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $4.0BQ4 ’18Q1 ’19: $4.5BQ2 ’19: $4.5BQ3 ’19: $4.4BQ4 ’19: $4.6BQ4 ’19Q1 ’20: $3.6BQ2 ’20: $4.0BQ3 ’20: $4.3BQ4 ’20: $4.8BQ4 ’20Q1 ’21: $5.0BQ2 ’21: $5.2BQ3 ’21: $4.5BQ4 ’21: $4.9BQ4 ’21Q1 ’22: $4.2BQ2 ’22: $3.4BQ3 ’22: $2.6BQ4 ’22: $2.3BQ4 ’22Q1 ’23: $2.4BQ2 ’23: $2.5BQ3 ’23: $2.4BQ4 ’23: $2.2BQ4 ’23Q1 ’24: $2.3BQ2 ’24: $2.2BQ3 ’24: $2.3BQ4 ’24: $2.3BQ4 ’24Q1 ’25: $2.1BQ2 ’25: $2.9BQ3 ’25: $996Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.4%REIT: 3.7%ADR: 2.3%Other: 2.2%ETP: 0.4%Other: 0.0%
  • Common Stock · 91.4% · $3.7B
  • REIT · 3.7% · $149M
  • ADR · 2.3% · $93M
  • Other · 2.2% · $87M
  • ETP · 0.4% · $15M
  • Other · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
MSFTMICROSOFT CORPNEW+1.05M1.05M+$107M$107M
AAPLAPPLE INCNEW+536.8K536.8K+$85M$85M
AMZNAMAZON COM INCNEW+45.5K45.5K+$68M$68M
JNJJOHNSON & JOHNSONNEW+457.3K457.3K+$59M$59M
BABAALIBABA GROUP HLDG LTDNEW+352.0K352.0K+$48M$48M
VVISA INCNEW+364.8K364.8K+$48M$48M
EXMOCEXXON MOBIL CORPNEW+690.8K690.8K+$47M$47M
PFEPFIZER INCNEW+1.02M1.02M+$44M$44M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM2.66%$107M1.05M
2AAPLAPPLE INChistory →COM2.11%$85M536.8K
3GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.75%$70M67.3K
4AMZNAMAZON COM INChistory →COM1.70%$68M45.5K
5JNJJOHNSON & JOHNSONhistory →COM1.47%$59M457.3K
6BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.20%$48M352.0K
7VVISA INChistory →COM CL A1.20%$48M364.8K
8EXMOCEXXON MOBIL CORPhistory →COM1.17%$47M690.8K
9PFEPFIZER INChistory →COM1.11%$44M1.02M
10TAT&T INChistory →COM1.10%$44M1.54M
11VZVERIZON COMMUNICATIONS INChistory →COM1.05%$42M747.6K
12MCDMCDONALDS CORPhistory →COM0.99%$40M223.7K
13PGPROCTER AND GAMBLE COhistory →COM0.98%$39M427.4K
14JPMJPMORGAN CHASE & COhistory →COM0.97%$39M396.9K
15HDHOME DEPOT INChistory →COM0.95%$38M222.2K
16KOCOCA COLA COhistory →COM0.92%$37M778.8K
17PEPPEPSICO INChistory →COM0.87%$35M314.9K
18CVXCHEVRON CORP NEWhistory →COM0.86%$35M317.9K
19UNHUNITEDHEALTH GROUP INChistory →COM0.86%$34M137.7K
20DISDISNEY WALT COhistory →COM DISNEY0.80%$32M291.7K
21MRKMERCK & CO INChistory →COM0.79%$32M415.4K
22INTCINTEL CORPhistory →COM0.79%$32M672.3K
23METAFACEBOOK INChistory →CL A0.75%$30M229.4K
24CSCOCISCO SYS INChistory →COM0.75%$30M691.8K
25CMCSACOMCAST CORP NEWhistory →CL A0.73%$29M863.1K
26WFCWELLS FARGO CO NEWhistory →COM0.73%$29M633.6K
27BACBANK AMER CORPhistory →COM0.72%$29M1.17M
28MAMASTERCARD INCORPORATEDhistory →CL A0.71%$28M150.2K
29BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.69%$28M135.2K
30WMTWALMART INChistory →COM0.68%$27M293.3K
31ABXBARRICK GOLD CORPhistory →COM0.66%$27M1.97M
32ORCLORACLE CORPhistory →COM0.65%$26M578.2K
33LLYLILLY ELI & COhistory →COM0.57%$23M196.0K
34BABOEING COhistory →COM0.54%$22M67.1K
35DUKDUKE ENERGY CORP NEWhistory →COM NEW0.53%$21M248.2K
36ABBVABBVIE INChistory →COM0.52%$21M226.0K
37RYROYAL BK CDA MONTREAL QUEhistory →COM0.50%$20M296.0K
38PMPHILIP MORRIS INTL INChistory →COM0.49%$20M296.7K
39TDTORONTO DOMINION BK ONThistory →COM NEW0.46%$19M373.3K
40AFLAFLAC INChistory →COM0.46%$18M402.8K
41TXNTEXAS INSTRS INChistory →COM0.44%$18M187.3K
42ADPAUTOMATIC DATA PROCESSING INhistory →COM0.44%$18M134.2K
43TJXTJX COS INC NEWhistory →COM0.44%$18M393.1K
44AEPAMERICAN ELEC PWR INChistory →COM0.43%$17M232.4K
45HONHONEYWELL INTL INChistory →COM0.43%$17M131.3K
46MMM3M COhistory →COM0.43%$17M91.0K
47NKENIKE INChistory →CL B0.42%$17M228.8K
48UNPUNION PAC CORPhistory →COM0.42%$17M122.2K
49USBUS BANCORP DELhistory →COM NEW0.41%$17M363.8K
50IBMINTERNATIONAL BUSINESS MACHShistory →COM0.40%$16M141.8K
51ABTABBOTT LABShistory →COM0.39%$16M217.3K
52SBUXSTARBUCKS CORPhistory →COM0.39%$16M242.2K
53DOWDUPONT INCCOM0.38%$15M284.3K
54SMINISHARES TRMSCI INDIA SM CP · MSCI INDIA ETF0.36%$15M399.3K
55NEMNEWMONT MINING CORPhistory →COM0.36%$14M411.7K
56GOLDCORP INC NEWCOM0.35%$14M1.42M
57SPLUNK INCCOM0.35%$14M132.3K
58SOSOUTHERN COhistory →COM0.34%$14M312.9K
59AGIALAMOS GOLD INC NEWhistory →COM CL A0.34%$14M3.79M
60SSRMSSR MNG INChistory →COM0.34%$14M1.12M
61LMTLOCKHEED MARTIN CORPhistory →COM0.34%$14M51.7K
62WORLDPAY INCCL A0.34%$13M176.3K
63AXPAMERICAN EXPRESS COhistory →COM0.34%$13M141.2K
64QCOMQUALCOMM INChistory →COM0.33%$13M232.3K
65PSAPUBLIC STORAGEhistory →COM0.33%$13M65.1K
66WMWASTE MGMT INC DELhistory →COM0.33%$13M147.4K
67CCITIGROUP INChistory →COM NEW0.33%$13M251.8K
68UPSUNITED PARCEL SERVICE INChistory →CL B0.33%$13M133.7K
69MOALTRIA GROUP INChistory →COM0.32%$13M260.6K
70FMCF M C CORPhistory →COM NEW0.32%$13M173.3K
71DDOMINION ENERGY INChistory →COM0.31%$12M173.8K
72VMWARE INCCL A COM0.31%$12M89.4K
73BIDUBAIDU INChistory →SPON ADR REP A0.31%$12M77.2K
74TGTTARGET CORPhistory →COM0.31%$12M185.2K
75BLACKROCK INCCOM0.30%$12M31.1K
76YUMYUM BRANDS INChistory →COM0.30%$12M132.7K
77INTL FCSTONE INCCOM0.30%$12M331.3K
78FISVFISERV INChistory →COM0.30%$12M164.3K
79MKCMCCORMICK & CO INChistory →COM NON VTG0.30%$12M86.7K
80AMGNAMGEN INChistory →COM0.30%$12M61.5K
81NEENEXTERA ENERGY INChistory →COM0.30%$12M68.4K
82UTXZUNITED TECHNOLOGIES CORPhistory →COM0.30%$12M111.7K
83CATCATERPILLAR INC DELhistory →COM0.29%$12M91.2K
84AVGOBROADCOM INChistory →COM0.29%$12M45.5K
85BCEBCE INChistory →COM NEW0.29%$12M292.2K
86SPGSIMON PPTY GROUP INC NEWhistory →COM0.29%$11M68.3K
87COSTCOSTCO WHSL CORP NEWhistory →COM0.28%$11M55.8K
88BAXBAXTER INTL INChistory →COM0.28%$11M172.0K
89DHRDANAHER CORP DELhistory →COM0.28%$11M108.8K
90SPGIS&P GLOBAL INChistory →COM0.28%$11M65.7K
91BNSBANK N S HALIFAXhistory →COM0.28%$11M224.1K
92CRMSALESFORCE COM INChistory →COM0.28%$11M81.5K
93AVBAVALONBAY CMNTYS INChistory →COM0.28%$11M64.1K
94ANNALY CAP MGMT INCCOM0.27%$11M1.11M
95METMETLIFE INChistory →COM0.27%$11M264.5K
96OXYOCCIDENTAL PETE CORP DELhistory →COM0.27%$11M176.0K
97PAYXPAYCHEX INChistory →COM0.27%$11M165.6K
98SCHWSCHWAB CHARLES CORP NEWhistory →COM0.27%$11M258.4K
99FNVFRANCO NEVADA CORPhistory →COM0.27%$11M152.6K
100ELVANTHEM INChistory →COM0.26%$10M39.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$996M1,191Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.9B1,296Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.1B1,260May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.3B1,264Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.3B1,255Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.2B1,252Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.3B1,274May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.2B1,249Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.4B1,256Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.5B1,277Jul 28, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.4B1,249May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.3B1,336Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.6B1,389Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.4B1,401Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.2B1,381May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.9B1,395Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.5B1,376Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.2B1,511Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$5.0B1,447May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.8B1,438Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$4.3B1,416Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$4.0B1,405Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.6B1,238May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$4.6B1,241Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$4.4B1,249Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$4.5B1,222Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$4.5B1,196May 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.0B1,138Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.