SEC 13F Intelligence

Managers / Q2 2020 · view latest →

SHELL ASSET MANAGEMENT CO

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

Reported Value
$4.0B
Q2 2020
Positions
1,405
Filings on Record
28
2019–present window
Filed
Aug 10, 2020
original filing

Summary

Shell Asset Management Co reported $4.0B in U.S.-listed holdings across 1,405 positions for Q2 2020.

Its largest position, MSFT, represents 4.8% of the portfolio.

Compared with Q1 2020, the fund opened 226 new positions and exited 59.

Portfolio Metrics

Turnover
+9.7%
vs prior filed quarter
Top-10 Concentration
+24.6%
share of reported value
Largest Position
+4.8%
Microsoft
New / Exited
226 / 59
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: 89.7%ADR: 5.9%REIT: 3.1%Other: 0.7%ETP: 0.5%Other: 0.0%
  • Common Stock · 89.7% · $3.6B
  • ADR · 5.9% · $236M
  • REIT · 3.1% · $125M
  • Other · 0.7% · $29M
  • ETP · 0.5% · $20M
  • Other · 0.0% · $384,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RTXRAYTHEON TECHNOLOGIES CORPNEW+136.4K136.4K+$8M$8M
NOCNORTHROP GRUMMAN CORPNEW+5.6K5.6K+$2M$2M
KDPKEURIG DR PEPPER INCNEW+33.9K33.9K+$964,000$964,000
OTISOTIS WORLDWIDE CORPNEW+15.6K15.6K+$889,000$889,000
CARRCARRIER GLOBAL CORPORATIONNEW+33.3K33.3K+$739,000$739,000
BBBYOVERSTOCK COM INC DELNEW+21.3K21.3K+$606,000$606,000
OMCLOMNICELL INCNEW+7.8K7.8K+$550,000$550,000
SKTTANGER FACTORY OUTLET CTRS INEW+65.1K65.1K+$464,000$464,000

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

Holdings — Q2 2020

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM4.84%$194M953.2K
2AAPLAPPLE INChistory →COM4.52%$181M496.5K
3BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.85%$154M715.2K
4AMZNAMAZON COM INChistory →COM3.17%$127M46.1K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.46%$99M69.6K
6METAFACEBOOK INChistory →CL A1.56%$63M275.3K
7VVISA INChistory →COM CL A1.12%$45M233.1K
8JNJJOHNSON & JOHNSONhistory →COM1.06%$43M303.1K
9NEMNEWMONT CORPhistory →COM0.98%$39M639.0K
10VZVERIZON COMMUNICATIONS INChistory →COM0.98%$39M714.5K
11SSRMSSR MNG INChistory →COM0.84%$34M1.58M
12PGPROCTER AND GAMBLE COhistory →COM0.81%$32M270.1K
13HDHOME DEPOT INChistory →COM0.80%$32M128.7K
14EQXEQUINOX GOLD CORPhistory →COM0.80%$32M2.87M
15PEPPEPSICO INChistory →COM0.79%$32M239.6K
16PYPLPAYPAL HLDGS INChistory →COM0.76%$31M175.5K
17NVDANVIDIA CORPORATIONhistory →COM0.72%$29M75.5K
18UNHUNITEDHEALTH GROUP INChistory →COM0.70%$28M95.4K
19WMTWALMART INChistory →COM0.70%$28M234.6K
20MCDMCDONALDS CORPhistory →COM0.68%$27M148.5K
21KOCOCA COLA COhistory →COM0.66%$26M591.1K
22DISDISNEY WALT COhistory →COM DISNEY0.65%$26M233.9K
23KIRKLAND LAKE GOLD LTDCOM0.64%$26M621.6K
24MRKMERCK & CO. INChistory →COM0.62%$25M320.8K
25TAT&T INChistory →COM0.57%$23M752.0K
26MAMASTERCARD INCORPORATEDhistory →CL A0.56%$22M76.0K
27ABBVABBVIE INChistory →COM0.55%$22M226.0K
28CMCSACOMCAST CORP NEWhistory →CL A0.55%$22M562.4K
29INTCINTEL CORPhistory →COM0.54%$21M358.4K
30PFEPFIZER INChistory →COM0.53%$21M651.4K
31CSCOCISCO SYS INChistory →COM0.53%$21M455.9K
32FISFIDELITY NATL INFORMATION SVhistory →COM0.52%$21M156.7K
33LLYLILLY ELI & COhistory →COM0.52%$21M126.2K
34NFLXNETFLIX INChistory →COM0.51%$21M45.3K
35ADBEADOBE INChistory →COM0.51%$20M47.1K
36SPLUNK INCCOM0.51%$20M102.6K
37FTCHQFARFETCH LTDhistory →ORD SH CL A0.51%$20M1.18M
38EXMOCEXXON MOBIL CORPhistory →COM0.49%$19M435.3K
39JPMJPMORGAN CHASE & COhistory →COM0.48%$19M202.9K
40HONHONEYWELL INTL INChistory →COM0.47%$19M130.5K
41INTL FCSTONE INCCOM0.46%$18M336.3K
42GILDGILEAD SCIENCES INChistory →COM0.45%$18M236.7K
43AMGNAMGEN INChistory →COM0.45%$18M76.3K
44SBUXSTARBUCKS CORPhistory →COM0.44%$18M241.5K
45REGNREGENERON PHARMACEUTICALShistory →COM0.44%$18M28.4K
46SMINISHARES TRMSCI INDIA SM CP · MSCI INDIA ETF · MSCI SAUDI ARBIA0.44%$17M603.6K
47TDTORONTO DOMINION BK ONThistory →COM NEW0.43%$17M383.2K
48BLACKROCK INCCOM0.41%$17M30.3K
49FNVFRANCO NEV CORPhistory →COM0.41%$16M118.3K
50CVXCHEVRON CORP NEWhistory →COM0.41%$16M182.9K
51NEENEXTERA ENERGY INChistory →COM0.40%$16M67.3K
52JDJD.COM INChistory →SPON ADR CL A0.39%$16M261.6K
53ABXBARRICK GOLD CORPORATIONhistory →COM0.39%$16M580.0K
54BACBK OF AMERICA CORPhistory →COM0.39%$15M652.6K
55VRTXVERTEX PHARMACEUTICALS INChistory →COM0.38%$15M52.2K
56UNPUNION PAC CORPhistory →COM0.38%$15M89.7K
57ABTABBOTT LABShistory →COM0.38%$15M165.5K
58AXPAMERICAN EXPRESS COhistory →COM0.36%$15M153.6K
59BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.35%$14M78.5K
60BIDUBAIDU INChistory →SPON ADR REP A0.35%$14M115.6K
61TJXTJX COS INC NEWhistory →COM0.34%$14M267.8K
62WPMWHEATON PRECIOUS METALS CORPhistory →COM0.34%$14M308.7K
63AVGOBROADCOM INChistory →COM0.34%$13M42.7K
64WMWASTE MGMT INC DELhistory →COM0.34%$13M126.7K
65COSTCOSTCO WHSL CORP NEWhistory →COM0.33%$13M44.1K
66CITRIX SYS INCCOM0.33%$13M89.9K
67HRLHORMEL FOODS CORPhistory →COM0.33%$13M272.5K
68RYROYAL BK CDAhistory →COM0.33%$13M193.2K
69MRSHMARSH & MCLENNAN COS INChistory →COM0.33%$13M121.3K
70PMPHILIP MORRIS INTL INChistory →COM0.32%$13M185.5K
71TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.32%$13M35.5K
72ORCLORACLE CORPhistory →COM0.32%$13M230.4K
73RSGREPUBLIC SVCS INChistory →COM0.32%$13M154.4K
74HSYHERSHEY COhistory →COM0.30%$12M93.5K
75USBUS BANCORP DELhistory →COM NEW0.30%$12M328.7K
76WCNWASTE CONNECTIONS INChistory →COM0.30%$12M128.1K
77IBMINTERNATIONAL BUSINESS MACHShistory →COM0.30%$12M99.0K
78ROKROCKWELL AUTOMATION INChistory →COM0.29%$12M55.2K
79FMCF M C CORPhistory →COM NEW0.29%$12M117.8K
80AEMAGNICO EAGLE MINES LTDhistory →COM0.29%$12M180.9K
81DUKDUKE ENERGY CORP NEWhistory →COM NEW0.29%$11M143.5K
82AMTAMERICAN TOWER CORP NEWhistory →COM0.28%$11M44.2K
83TXNTEXAS INSTRS INChistory →COM0.28%$11M88.5K
84SEDGSOLAREDGE TECHNOLOGIES INChistory →COM0.28%$11M80.8K
85MMM3M COhistory →COM0.28%$11M71.6K
86JKHYHENRY JACK & ASSOC INChistory →COM0.28%$11M60.5K
87TRVTRAVELERS COMPANIES INChistory →COM0.28%$11M97.6K
88CNICANADIAN NATL RY COhistory →COM0.28%$11M125.7K
89ADPAUTOMATIC DATA PROCESSING INhistory →COM0.28%$11M74.4K
90PSAPUBLIC STORAGEhistory →COM0.27%$11M57.3K
91CMECME GROUP INChistory →COM0.27%$11M67.5K
92PGRPROGRESSIVE CORP OHIOhistory →COM0.27%$11M134.8K
93TMUST-MOBILE US INChistory →COM0.27%$11M102.5K
94NTESNETEASE INChistory →SPONSORED ADS0.26%$11M24.6K
95AGIALAMOS GOLD INC NEWhistory →COM CL A0.26%$11M1.12M
96PAYXPAYCHEX INChistory →COM0.26%$11M138.8K
97TRMBTRIMBLE INChistory →COM0.26%$10M241.7K
98DHRDANAHER CORPORATIONhistory →COM0.26%$10M58.2K
99TALTAL EDUCATION GROUPhistory →SPONSORED ADS0.26%$10M149.5K
100BMYBRISTOL-MYERS SQUIBB COhistory →COM0.25%$10M172.0K

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 ↗.