SEC 13F Intelligence

Managers / Q4 2019 · view latest →

SHELL ASSET MANAGEMENT CO

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

Reported Value
$4.6B
Q4 2019
Positions
1,241
Filings on Record
27
2019–present window
Filed
Feb 13, 2020
original filing

Summary

Shell Asset Management Co reported $4.6B in U.S.-listed holdings across 1,241 positions for Q4 2019.

Its largest position, AAPL, represents 3.7% of the portfolio.

Compared with Q3 2019, the fund opened 41 new positions and exited 49.

Portfolio Metrics

Turnover
+5.9%
vs prior filed quarter
Top-10 Concentration
+17.7%
share of reported value
Largest Position
+3.7%
Apple
New / Exited
41 / 49
positions this quarter

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
Q1 ’19: $4.5BQ1 ’19Q2 ’19: $4.5BQ3 ’19: $4.4BQ4 ’19: $4.6BQ1 ’20: $3.6BQ1 ’20Q2 ’20: $4.0BQ3 ’20: $4.3BQ4 ’20: $4.8BQ1 ’21: $5.0BQ1 ’21Q2 ’21: $5.2BQ3 ’21: $4.5BQ4 ’21: $4.9BQ1 ’22: $4.2BQ1 ’22Q2 ’22: $3.4BQ3 ’22: $2.6BQ4 ’22: $2.3BQ1 ’23: $2.4BQ1 ’23Q2 ’23: $2.5BQ3 ’23: $2.4BQ4 ’23: $2.2BQ1 ’24: $2.3BQ1 ’24Q2 ’24: $2.2BQ3 ’24: $2.3BQ4 ’24: $2.3BQ1 ’25: $2.1BQ1 ’25Q2 ’25: $2.9BQ3 ’25: $996Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.5%REIT: 4.2%ADR: 2.8%Other: 1.1%ETP: 0.5%Other: 0.0%
  • Common Stock · 91.5% · $4.2B
  • REIT · 4.2% · $194M
  • ADR · 2.8% · $128M
  • Other · 1.1% · $50M
  • ETP · 0.5% · $23M
  • Other · 0.0% · $967,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TFCTRUIST FINL CORPNEW+99.0K99.0K+$6M$6M
DOCHEALTHPEAK PPTYS INCNEW+77.4K77.4K+$3M$3M
TCOMTRIP COM GROUP LTDNEW+72.8K72.8K+$2M$2M
BXBLACKSTONE GROUP INCNEW+38.4K38.4K+$2M$2M
VIACOMCBS INCNEW+27.8K27.8K+$1M$1M
NXSTNEXSTAR MEDIA GROUP INCNEW+6.5K6.5K+$765,000$765,000
ONTOONTO INNOVATION INCNEW+19.9K19.9K+$726,000$726,000
VYXNCR CORP NEWNEW+19.9K19.9K+$699,000$699,000

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

Holdings — Q4 2019

497 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM3.70%$172M584.4K
2MSFTMICROSOFT CORPhistory →COM3.40%$158M1.00M
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.83%$85M63.5K
4AMZNAMAZON COM INChistory →COM1.73%$80M43.5K
5BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.63%$76M356.5K
6JNJJOHNSON & JOHNSONhistory →COM1.25%$58M396.8K
7VVISA INChistory →COM CL A1.18%$55M291.4K
8TAT&T INChistory →COM1.04%$48M1.24M
9VZVERIZON COMMUNICATIONS INChistory →COM1.01%$47M765.2K
10METAFACEBOOK INChistory →CL A0.95%$44M214.3K
11JPMJPMORGAN CHASE & COhistory →COM0.90%$42M298.9K
12HDHOME DEPOT INChistory →COM0.88%$41M187.8K
13KOCOCA COLA COhistory →COM0.87%$40M729.5K
14DISDISNEY WALT COhistory →COM DISNEY0.85%$40M274.1K
15PGPROCTER & GAMBLE COhistory →COM0.85%$40M316.8K
16PEPPEPSICO INChistory →COM0.85%$39M288.7K
17NEMNEWMONT GOLDCORP CORPORATIONhistory →COM0.85%$39M904.0K
18EXMOCEXXON MOBIL CORPhistory →COM0.83%$39M555.4K
19MAMASTERCARD INChistory →CL A0.78%$36M121.2K
20MCDMCDONALDS CORPhistory →COM0.74%$34M174.3K
21CVXCHEVRON CORP NEWhistory →COM0.72%$34M278.2K
22PFEPFIZER INChistory →COM0.71%$33M840.0K
23CMCSACOMCAST CORP NEWhistory →CL A0.70%$33M723.3K
24BACBANK AMER CORPhistory →COM0.69%$32M914.5K
25INTCINTEL CORPhistory →COM0.69%$32M537.9K
26UNHUNITEDHEALTH GROUP INChistory →COM0.68%$32M107.7K
27MRKMERCK & CO INChistory →COM0.66%$31M336.6K
28WFCWELLS FARGO CO NEWhistory →COM0.66%$31M567.3K
29WMTWALMART INChistory →COM0.64%$30M248.5K
30SSRMSSR MNG INChistory →COM0.60%$28M1.45M
31HONHONEYWELL INTL INChistory →COM0.56%$26M146.1K
32USBUS BANCORP DELhistory →COM NEW0.54%$25M421.2K
33FISFIDELITY NATL INFORMATION SVhistory →COM0.52%$24M174.0K
34BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.52%$24M106.8K
35CSCOCISCO SYS INChistory →COM0.50%$23M484.7K
36PMPHILIP MORRIS INTL INChistory →COM0.48%$22M261.3K
37AXPAMERICAN EXPRESS COhistory →COM0.46%$21M172.0K
38ABBVABBVIE INChistory →COM0.46%$21M238.6K
39BABOEING COhistory →COM0.44%$21M63.2K
40TDTORONTO DOMINION BK ONThistory →COM NEW0.44%$21M366.0K
41SMINISHARES TRMSCI INDIA SM CP · MSCI INDIA ETF · MSCI SAUDI ARBIA0.44%$20M581.6K
42UNPUNION PACIFIC CORPhistory →COM0.44%$20M112.9K
43AGIALAMOS GOLD INC NEWhistory →COM CL A0.44%$20M3.39M
44AFLAFLAC INChistory →COM0.43%$20M379.2K
45SBUXSTARBUCKS CORPhistory →COM0.41%$19M218.1K
46RYROYAL BK CDA MONTREAL QUEhistory →COM0.41%$19M240.5K
47MMM3M COhistory →COM0.41%$19M107.5K
48SPLUNK INCCOM0.40%$19M124.0K
49SYYSYSCO CORPhistory →COM0.40%$18M215.9K
50ORCLORACLE CORPhistory →COM0.39%$18M345.4K
51ABTABBOTT LABShistory →COM0.39%$18M209.9K
52TXNTEXAS INSTRS INChistory →COM0.39%$18M139.3K
53ABXBARRICK GOLD CORPORATIONhistory →COM0.38%$18M954.8K
54INTL FCSTONE INCCOM0.37%$17M356.0K
55AEPAMERICAN ELEC PWR CO INChistory →COM0.37%$17M182.8K
56BLACKROCK INCCOM0.36%$17M33.7K
57IBMINTERNATIONAL BUSINESS MACHShistory →COM0.36%$17M124.8K
58AVBAVALONBAY CMNTYS INChistory →COM0.35%$16M76.9K
59FMCF M C CORPhistory →COM NEW0.34%$16M159.4K
60COSTCOSTCO WHSL CORP NEWhistory →COM0.34%$16M53.6K
61NEENEXTERA ENERGY INChistory →COM0.34%$16M64.6K
62LLYLILLY ELI & COhistory →COM0.33%$16M118.0K
63DUKDUKE ENERGY CORP NEWhistory →COM NEW0.33%$15M168.1K
64CCITIGROUP INChistory →COM NEW0.33%$15M189.1K
65ANNALY CAP MGMT INCCOM0.32%$15M1.59M
66NKENIKE INChistory →CL B0.32%$15M145.7K
67QCOMQUALCOMM INChistory →COM0.32%$15M167.2K
68NVDANVIDIA CORPhistory →COM0.31%$15M62.1K
69DDOMINION ENERGY INChistory →COM0.31%$14M172.1K
70TJXTJX COS INC NEWhistory →COM0.29%$14M223.5K
71FNVFRANCO NEVADA CORPhistory →COM0.29%$13M129.5K
72AMGNAMGEN INChistory →COM0.29%$13M55.4K
73AVGOBROADCOM INChistory →COM0.29%$13M41.9K
74FISVFISERV INChistory →COM0.28%$13M113.0K
75EQXEQUINOX GOLD CORPhistory →COM0.28%$13M1.67M
76SPGIS&P GLOBAL INChistory →COM0.28%$13M46.9K
77DHRDANAHER CORPORATIONhistory →COM0.27%$13M83.1K
78ADBEADOBE INChistory →COM0.27%$12M37.6K
79ADPAUTOMATIC DATA PROCESSING INhistory →COM0.27%$12M72.6K
80BCEBCE INChistory →COM NEW0.26%$12M263.7K
81PAYXPAYCHEX INChistory →COM0.26%$12M142.7K
82WMWASTE MGMT INC DELhistory →COM0.26%$12M106.5K
83TGTTARGET CORPhistory →COM0.26%$12M94.5K
84HSYHERSHEY COhistory →COM0.26%$12M82.2K
85CSXCSX CORPhistory →COM0.26%$12M166.8K
86PSAPUBLIC STORAGEhistory →COM0.26%$12M56.2K
87RSGREPUBLIC SVCS INChistory →COM0.25%$12M131.8K
88BRBROADRIDGE FINL SOLUTIONS INhistory →COM0.25%$12M94.8K
89BMYBRISTOL MYERS SQUIBB COhistory →COM0.25%$12M182.3K
90TRMBTRIMBLE INChistory →COM0.25%$12M280.6K
91CATCATERPILLAR INC DELhistory →COM0.25%$12M79.1K
92ALLALLSTATE CORPhistory →COM0.25%$11M101.6K
93UPSUNITED PARCEL SERVICE INChistory →CL B0.25%$11M97.2K
94YUMYUM BRANDS INChistory →COM0.24%$11M111.1K
95AMATAPPLIED MATLS INChistory →COM0.24%$11M183.1K
96WECWEC ENERGY GROUP INChistory →COM0.24%$11M120.4K
97KELKELLOGG COhistory →COM0.24%$11M158.5K
98BNSBANK N S HALIFAXhistory →COM0.24%$11M193.5K
99SEDGSOLAREDGE TECHNOLOGIES INChistory →COM0.24%$11M114.9K
100PLDPROLOGIS INChistory →COM0.23%$11M122.2K

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 ↗

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 ↗.