SEC 13F Intelligence

Managers / Q4 2020 · view latest →

SHELL ASSET MANAGEMENT CO

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

Reported Value
$4.8B
Q4 2020
Positions
1,438
Filings on Record
28
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Shell Asset Management Co reported $4.8B in U.S.-listed holdings across 1,438 positions for Q4 2020.

Its largest position, AAPL, represents 5.1% of the portfolio.

Compared with Q3 2020, the fund opened 83 new positions and exited 61.

Portfolio Metrics

Turnover
+6.8%
vs prior filed quarter
Top-10 Concentration
+24.5%
share of reported value
Largest Position
+5.1%
Apple
New / Exited
83 / 61
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: 90.1%ADR: 6.2%REIT: 2.2%Other: 0.9%ETP: 0.5%Other: 0.0%
  • Common Stock · 90.1% · $4.4B
  • ADR · 6.2% · $299M
  • REIT · 2.2% · $109M
  • Other · 0.9% · $44M
  • ETP · 0.5% · $27M
  • Other · 0.0% · $258,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VTRSVIATRIS INCNEW+237.5K237.5K+$4M$4M
GRAFTECH INTL LTDNEW+160.9K160.9K+$2M$2M
CNXCCONCENTRIX CORPNEW+8.7K8.7K+$864,000$864,000
ENPHENPHASE ENERGY INCNEW+4.9K4.9K+$858,000$858,000
CLNECLEAN ENERGY FUELS CORPNEW+106.9K106.9K+$840,000$840,000
NTRANATERA INCNEW+5.6K5.6K+$553,000$553,000
APARTMENT INCOME REIT CORPNEW+13.3K13.3K+$509,000$509,000
XPEVXPENG INCNEW+11.7K11.7K+$501,000$501,000

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

Holdings — Q4 2020

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.07%$246M1.85M
2MSFTMICROSOFT CORPhistory →COM4.76%$231M1.04M
3AMZNAMAZON COM INChistory →COM3.40%$165M50.6K
4BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.25%$158M677.0K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.47%$120M68.3K
6METAFACEBOOK INChistory →CL A1.43%$69M253.6K
7VVISA INChistory →COM CL A1.09%$53M240.4K
8TSLATESLA INChistory →COM1.02%$50M70.3K
9JNJJOHNSON & JOHNSONhistory →COM1.00%$49M308.6K
10PYPLPAYPAL HLDGS INChistory →COM0.95%$46M196.4K
11VZVERIZON COMMUNICATIONS INChistory →COM0.89%$43M737.1K
12DISDISNEY WALT COhistory →COM0.88%$43M235.8K
13PGPROCTER AND GAMBLE COhistory →COM0.80%$39M279.3K
14NVDANVIDIA CORPORATIONhistory →COM0.78%$38M72.7K
15HDHOME DEPOT INChistory →COM0.74%$36M135.1K
16UNHUNITEDHEALTH GROUP INChistory →COM0.73%$35M100.6K
17PEPPEPSICO INChistory →COM0.72%$35M234.5K
18MAMASTERCARD INCORPORATEDhistory →CL A0.70%$34M94.3K
19WMTWALMART INChistory →COM0.69%$33M231.1K
20ADBEADOBE SYSTEMS INCORPORATEDhistory →COM0.66%$32M63.7K
21MCDMCDONALDS CORPhistory →COM0.64%$31M145.2K
22HONHONEYWELL INTL INChistory →COM0.59%$29M134.2K
23CMCSACOMCAST CORP NEWhistory →CL A0.56%$27M521.6K
24FISFIDELITY NATL INFORMATION SVhistory →COM0.56%$27M191.2K
25MRKMERCK & CO. INChistory →COM0.54%$26M322.5K
26JDJD.COM INChistory →SPON ADR CL A0.53%$26M291.5K
27KOCOCA COLA COhistory →COM0.52%$25M457.3K
28SBUXSTARBUCKS CORPhistory →COM0.51%$25M229.2K
29PFEPFIZER INChistory →COM0.49%$24M641.5K
30NFLXNETFLIX INChistory →COM0.48%$23M43.0K
31JPMJPMORGAN CHASE & COhistory →COM0.48%$23M181.9K
32SMINISHARES TRMSCI INDIA SM CP · MSCI INDIA ETF · MSCI SAUDI ARBIA0.47%$23M559.1K
33ABBVABBVIE INChistory →COM0.46%$22M207.4K
34BIDUBAIDU INChistory →SPON ADR REP A0.45%$22M100.2K
35LLYLILLY ELI & COhistory →COM0.42%$20M121.4K
36AVGOBROADCOM INChistory →COM0.42%$20M46.3K
37BACBK OF AMERICA CORPhistory →COM0.42%$20M668.5K
38SNEXSTONEX GROUP INChistory →COM0.42%$20M349.7K
39BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.42%$20M87.3K
40UNPUNION PAC CORPhistory →COM0.41%$20M94.4K
41ABTABBOTT LABShistory →COM0.40%$20M178.9K
42TAT&T INChistory →COM0.40%$20M678.6K
43NEENEXTERA ENERGY INChistory →COM0.40%$20M252.9K
44PDDPINDUODUO INChistory →SPONSORED ADS0.40%$19M108.8K
45AXPAMERICAN EXPRESS COhistory →COM0.40%$19M158.9K
46CSCOCISCO SYS INChistory →COM0.40%$19M427.7K
47GILDGILEAD SCIENCES INChistory →COM0.39%$19M320.9K
48TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.38%$18M39.7K
49VRTXVERTEX PHARMACEUTICALS INChistory →COM0.38%$18M77.3K
50AMGNAMGEN INChistory →COM0.38%$18M79.1K
51TRMBTRIMBLE INChistory →COM0.38%$18M272.5K
52SSRMSSR MNG INChistory →COM0.36%$18M878.7K
53TDTORONTO DOMINION BK ONThistory →COM NEW0.35%$17M296.2K
54EQXEQUINOX GOLD CORPhistory →COM0.34%$16M1.59M
55INTCINTEL CORPhistory →COM0.34%$16M329.9K
56KIRKLAND LAKE GOLD LTDCOM0.33%$16M387.1K
57CRMSALESFORCE COM INChistory →COM0.32%$16M70.6K
58FNVFRANCO NEV CORPhistory →COM0.32%$16M123.8K
59NEMNEWMONT CORPhistory →COM0.31%$15M253.4K
60TXNTEXAS INSTRS INChistory →COM0.31%$15M92.3K
61COSTCOSTCO WHSL CORP NEWhistory →COM0.31%$15M40.1K
62TJXTJX COS INC NEWhistory →COM0.31%$15M220.2K
63REGNREGENERON PHARMACEUTICALShistory →COM0.31%$15M30.7K
64NKENIKE INChistory →CL B0.30%$15M103.2K
65CVXCHEVRON CORP NEWhistory →COM0.30%$14M171.2K
66NIONIO INChistory →SPON ADS0.30%$14M295.9K
67MRSHMARSH & MCLENNAN COS INChistory →COM0.30%$14M122.1K
68USBUS BANCORP DELhistory →COM NEW0.29%$14M299.2K
69AMATAPPLIED MATLS INChistory →COM0.29%$14M161.0K
70BLACKROCK INCCOM0.29%$14M19.2K
71ROKROCKWELL AUTOMATION INChistory →COM0.28%$14M54.9K
72DGDOLLAR GEN CORP NEWhistory →COM0.28%$14M64.8K
73FMCFMC CORPhistory →COM NEW0.28%$13M117.3K
74TRVTRAVELERS COMPANIES INChistory →COM0.28%$13M95.9K
75EXMOCEXXON MOBIL CORPhistory →COM0.28%$13M326.4K
76TROWPRICE T ROWE GROUP INChistory →COM0.28%$13M88.6K
77ICEINTERCONTINENTAL EXCHANGE INhistory →COM0.27%$13M115.2K
78ADPAUTOMATIC DATA PROCESSING INhistory →COM0.27%$13M74.0K
79RSGREPUBLIC SVCS INChistory →COM0.27%$13M134.7K
80BKNGBOOKING HOLDINGS INChistory →COM0.27%$13M5.8K
81WCNWASTE CONNECTIONS INChistory →COM0.26%$13M124.4K
82NTESNETEASE INChistory →SPONSORED ADS0.26%$13M132.1K
83MMM3M COhistory →COM0.26%$12M70.7K
84TMUST-MOBILE US INChistory →COM0.25%$12M91.0K
85ORCLORACLE CORPhistory →COM0.25%$12M186.8K
86INTUINTUIThistory →COM0.25%$12M31.4K
87HRLHORMEL FOODS CORPhistory →COM0.25%$12M255.8K
88YUMCYUM CHINA HLDGS INChistory →COM0.25%$12M208.4K
89WMWASTE MGMT INC DELhistory →COM0.25%$12M100.7K
90CLCOLGATE PALMOLIVE COhistory →COM0.24%$12M137.9K
91PGRPROGRESSIVE CORPhistory →COM0.24%$12M118.9K
92PMPHILIP MORRIS INTL INChistory →COM0.24%$12M142.1K
93BMYBRISTOL-MYERS SQUIBB COhistory →COM0.24%$12M188.3K
94AMTAMERICAN TOWER CORP NEWhistory →COM0.24%$12M51.3K
95DHRDANAHER CORPORATIONhistory →COM0.24%$12M51.8K
96SYKSTRYKER CORPORATIONhistory →COM0.24%$11M46.7K
97WFCWELLS FARGO CO NEWhistory →COM0.23%$11M372.7K
98CNICANADIAN NATL RY COhistory →COM0.23%$11M102.1K
99ACTIVISION BLIZZARD INCCOM0.23%$11M119.3K
100CMECME GROUP INChistory →COM0.23%$11M60.4K

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 ↗.