SEC 13F Intelligence

Managers / Q1 2020 · view latest →

SHELL ASSET MANAGEMENT CO

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

Reported Value
$3.6B
Q1 2020
Positions
1,238
Filings on Record
28
2019–present window
Filed
May 11, 2020
original filing

Summary

Shell Asset Management Co reported $3.6B in U.S.-listed holdings across 1,238 positions for Q1 2020.

Its largest position, AAPL, represents 4.1% of the portfolio.

Compared with Q4 2019, the fund opened 11 new positions and exited 14.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+22.8%
share of reported value
Largest Position
+4.1%
Apple
New / Exited
11 / 14
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
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: 90.3%ADR: 4.8%REIT: 3.7%Other: 0.8%ETP: 0.5%Other: 0.0%
  • Common Stock · 90.3% · $3.2B
  • ADR · 4.8% · $171M
  • REIT · 3.7% · $133M
  • Other · 0.8% · $28M
  • ETP · 0.5% · $16M
  • Other · 0.0% · $418,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FTCHQFARFETCH LTDNEW+1.18M1.18M+$9M$9M
EQHEQUITABLE HLDGS INCNEW+153.2K153.2K+$2M$2M
WTRGESSENTIAL UTILS INCNEW+53.3K53.3K+$2M$2M
IRINGERSOLL RAND INCNEW+15.5K15.5K+$386,000$386,000
HTOSJW GROUPNEW+6.0K6.0K+$346,000$346,000
ATLAS CORPNEW+42.7K42.7K+$329,000$329,000
ZLABZAI LAB LTDNEW+5.9K5.9K+$306,000$306,000
PRIMO WATER CORPORATIONNEW+11.6K11.6K+$104,000$104,000

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

Holdings — Q1 2020

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM4.11%$148M580.7K
2MSFTMICROSOFT CORPhistory →COM4.06%$146M923.4K
3BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.28%$118M605.2K
4AMZNAMAZON COM INChistory →COM2.68%$96M49.4K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.47%$89M76.2K
6JNJJOHNSON & JOHNSONhistory →COM1.42%$51M389.7K
7METAFACEBOOK INChistory →CL A1.31%$47M282.4K
8NEMNEWMONT CORPhistory →COM1.21%$43M956.6K
9VVISA INChistory →COM CL A1.14%$41M254.9K
10VZVERIZON COMMUNICATIONS INChistory →COM1.07%$38M714.6K
11PEPPEPSICO INChistory →COM0.92%$33M273.9K
12PGPROCTER & GAMBLE COhistory →COM0.90%$32M293.5K
13TAT&T INChistory →COM0.90%$32M1.11M
14HDHOME DEPOT INChistory →COM0.86%$31M165.7K
15KOCOCA COLA COhistory →COM0.83%$30M675.6K
16MAMASTERCARD INChistory →CL A0.77%$28M114.5K
17ABXBARRICK GOLD CORPORATIONhistory →COM0.77%$27M1.51M
18WMTWALMART INChistory →COM0.73%$26M229.8K
19INTCINTEL CORPhistory →COM0.72%$26M478.5K
20PFEPFIZER INChistory →COM0.72%$26M789.4K
21MCDMCDONALDS CORPhistory →COM0.71%$26M154.3K
22DISDISNEY WALT COhistory →COM DISNEY0.70%$25M259.9K
23UNHUNITEDHEALTH GROUP INChistory →COM0.70%$25M100.4K
24JPMJPMORGAN CHASE & COhistory →COM0.68%$25M272.4K
25MRKMERCK & CO. INChistory →COM0.67%$24M314.5K
26CMCSACOMCAST CORP NEWhistory →CL A0.67%$24M696.0K
27NVDANVIDIA CORPhistory →COM0.60%$21M81.3K
28SSRMSSR MNG INChistory →COM0.58%$21M1.82M
29EXMOCEXXON MOBIL CORPhistory →COM0.57%$20M537.1K
30FISFIDELITY NATL INFORMATION SVhistory →COM0.52%$19M153.2K
31BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.51%$18M99.5K
32HONHONEYWELL INTL INChistory →COM0.51%$18M135.9K
33ABBVABBVIE INChistory →COM0.50%$18M236.2K
34PMPHILIP MORRIS INTL INChistory →COM0.50%$18M245.3K
35AEMAGNICO EAGLE MINES LTDhistory →COM0.50%$18M450.6K
36AGIALAMOS GOLD INC NEWhistory →COM CL A0.48%$17M3.49M
37CVXCHEVRON CORP NEWhistory →COM0.48%$17M239.4K
38CSCOCISCO SYS INChistory →COM0.48%$17M438.5K
39NFLXNETFLIX INChistory →COM0.47%$17M45.0K
40BACBK OF AMERICA CORPhistory →COM0.47%$17M794.4K
41ABTABBOTT LABShistory →COM0.45%$16M203.9K
42LLYLILLY ELI & COhistory →COM0.45%$16M115.4K
43EQXEQUINOX GOLD CORPhistory →COM0.42%$15M2.30M
44PYPLPAYPAL HLDGS INChistory →COM0.42%$15M156.1K
45TDTORONTO DOMINION BK ONThistory →COM NEW0.42%$15M354.6K
46UNPUNION PAC CORPhistory →COM0.41%$15M105.2K
47SPLUNK INCCOM0.41%$15M117.4K
48NEENEXTERA ENERGY INChistory →COM0.40%$14M60.0K
49ORCLORACLE CORPhistory →COM0.40%$14M298.2K
50BLACKROCK INCCOM0.40%$14M32.6K
51COSTCOSTCO WHSL CORP NEWhistory →COM0.39%$14M49.3K
52SMINISHARES TRMSCI INDIA SM CP · MSCI INDIA ETF · MSCI SAUDI ARBIA0.39%$14M589.8K
53DUKDUKE ENERGY CORP NEWhistory →COM NEW0.39%$14M171.2K
54RYROYAL BK CDAhistory →COM0.39%$14M225.8K
55USBUS BANCORP DELhistory →COM NEW0.38%$14M401.0K
56WFCWELLS FARGO CO NEWhistory →COM0.37%$13M468.0K
57SBUXSTARBUCKS CORPhistory →COM0.37%$13M204.0K
58MMM3M COhistory →COM0.37%$13M97.9K
59IBMINTERNATIONAL BUSINESS MACHShistory →COM0.37%$13M118.8K
60AXPAMERICAN EXPRESS COhistory →COM0.37%$13M153.5K
61TXNTEXAS INSTRS INChistory →COM0.36%$13M127.7K
62CITRIX SYS INCCOM0.36%$13M90.1K
63INTL FCSTONE INCCOM0.35%$13M344.8K
64FNVFRANCO NEVADA CORPhistory →COM0.35%$12M125.9K
65DDOMINION ENERGY INChistory →COM0.33%$12M161.7K
66PSAPUBLIC STORAGEhistory →COM0.31%$11M55.2K
67AFLAFLAC INChistory →COM0.30%$11M318.3K
68ADBEADOBE INChistory →COM0.30%$11M33.7K
69BMYBRISTOL-MYERS SQUIBB COhistory →COM0.30%$11M192.1K
70DHRDANAHER CORPORATIONhistory →COM0.30%$11M77.1K
71AVBAVALONBAY CMNTYS INChistory →COM0.30%$11M72.5K
72HSYHERSHEY COhistory →COM0.29%$11M79.7K
73BIDUBAIDU INChistory →SPON ADR REP A0.29%$11M104.3K
74BCEBCE INChistory →COM NEW0.29%$10M257.7K
75QCOMQUALCOMM INChistory →COM0.29%$10M154.5K
76FMCF M C CORPhistory →COM NEW0.29%$10M125.7K
77AEPAMERICAN ELEC PWR CO INChistory →COM0.28%$10M125.7K
78AMGNAMGEN INChistory →COM0.28%$10M49.4K
79GILDGILEAD SCIENCES INChistory →COM0.28%$10M133.8K
80FISVFISERV INCCOM0.28%$10M104.8K
81WECWEC ENERGY GROUP INCCOM0.28%$10M112.8K
82TJXTJX COS INC NEWCOM0.28%$10M206.8K
83ACTIVISION BLIZZARD INCCOM0.27%$10M163.5K
84RSGREPUBLIC SVCS INCCOM0.27%$10M128.0K
85SYYSYSCO CORPCOM0.27%$10M208.5K
86WMWASTE MGMT INC DELCOM0.26%$9M101.7K
87SPGIS&P GLOBAL INCCOM0.26%$9M38.2K
88PLDPROLOGIS INC.COM0.26%$9M116.1K
89KIRKLAND LAKE GOLD LTDCOM0.26%$9M316.7K
90FTCHQFARFETCH LTDORD SH CL A0.26%$9M1.18M
91SOSOUTHERN COCOM0.26%$9M171.3K
92KELKELLOGG COCOM0.26%$9M153.7K
93CLCOLGATE PALMOLIVE COCOM0.25%$9M137.4K
94AVGOBROADCOM INCCOM0.25%$9M38.2K
95TGTTARGET CORPCOM0.25%$9M96.4K
96ALLALLSTATE CORPCOM0.25%$9M97.0K
97FIVNFIVE9 INCCOM0.25%$9M115.6K
98MOALTRIA GROUP INCCOM0.24%$9M225.6K
99PAYXPAYCHEX INCCOM0.24%$9M138.3K
100CNICANADIAN NATL RY COCOM0.24%$9M112.4K

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 ↗.