SEC 13F Intelligence

Managers / Q1 2024 · view latest →

SHELL ASSET MANAGEMENT CO

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

Reported Value
$2.3B
Q1 2024
Positions
1,274
Filings on Record
28
2019–present window
Filed
May 14, 2024
original filing

Summary

Shell Asset Management Co reported $2.3B in U.S.-listed holdings across 1,274 positions for Q1 2024.

Its largest position, MSFT, represents 6.6% of the portfolio.

Compared with Q4 2023, the fund opened 55 new positions and exited 30.

Portfolio Metrics

Turnover
+11.3%
vs prior filed quarter
Top-10 Concentration
+30.7%
share of reported value
Largest Position
+6.6%
Microsoft
New / Exited
55 / 30
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: 96.4%REIT: 2.0%ETP: 0.9%Other: 0.4%ADR: 0.4%
  • Common Stock · 96.4% · $2.2B
  • REIT · 2.0% · $44M
  • ETP · 0.9% · $20M
  • Other · 0.4% · $8M
  • ADR · 0.4% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PAYOPAYONEER GLOBAL INCNEW+1.10M1.10M+$5M$5M
NNDMNANO DIMENSION LTDNEW+316.6K316.6K+$882,000$882,000
ENSENERSYSNEW+9.1K9.1K+$858,000$858,000
CSIQCANADIAN SOLAR INCNEW+34.1K34.1K+$675,000$675,000
WSCWILLSCOT MOBIL MINI HLDNG CONEW+14.4K14.4K+$670,000$670,000
VSTVISTRA CORPNEW+8.3K8.3K+$576,000$576,000
MMM3M CONEW+4.9K4.9K+$517,000$517,000
DKSDICKS SPORTING GOODS INCNEW+2.1K2.1K+$478,000$478,000

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

Holdings — Q1 2024

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.61%$149M355.3K
2NVDANVIDIA CORPORATIONhistory →COM4.94%$112M123.5K
3AAPLAPPLE INChistory →COM4.72%$107M621.8K
4AMZNAMAZON COM INChistory →COM3.76%$85M470.8K
5GOOGALPHABET INCCAP STK CL C · CAP STK CL A2.91%$66M433.3K
6METAMETA PLATFORMS INChistory →CL A2.23%$50M103.8K
7LLYELI LILLY & COhistory →COM1.52%$34M44.2K
8UNHUNITEDHEALTH GROUP INChistory →COM1.50%$34M68.4K
9VVISA INChistory →COM CL A1.34%$30M108.1K
10COSTCOSTCO WHSL CORP NEWhistory →COM1.19%$27M36.7K
11MAMASTERCARD INCORPORATEDhistory →CL A1.15%$26M54.2K
12AVGOBROADCOM INChistory →COM1.09%$25M18.6K
13BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.84%$19M45.3K
14INDAISHARES TRMSCI INDIA ETF · MSCI INDIA SM CP · MSCI SAUDI ARBIA0.80%$18M339.6K
15TSLATESLA INChistory →COM0.76%$17M98.1K
16AMDADVANCED MICRO DEVICES INChistory →COM0.72%$16M90.6K
17CDNSCADENCE DESIGN SYSTEM INChistory →COM0.70%$16M50.8K
18HDHOME DEPOT INChistory →COM0.69%$16M40.8K
19ABTABBOTT LABShistory →COM0.69%$15M136.2K
20CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.65%$15M5.1K
21JPMJPMORGAN CHASE & COhistory →COM0.63%$14M71.3K
22BKNGBOOKING HOLDINGS INChistory →COM0.62%$14M3.9K
23MCOMOODYS CORPhistory →COM0.61%$14M35.2K
24INTUINTUIThistory →COM0.61%$14M21.0K
25NOWSERVICENOW INChistory →COM0.61%$14M17.9K
26REGNREGENERON PHARMACEUTICALShistory →COM0.60%$14M14.1K
27PEPPEPSICO INChistory →COM0.58%$13M75.3K
28ISRGINTUITIVE SURGICAL INChistory →COM NEW0.58%$13M32.7K
29PGRPROGRESSIVE CORPhistory →COM0.56%$13M61.4K
30CRMSALESFORCE INChistory →COM0.56%$13M42.1K
31AMATAPPLIED MATLS INChistory →COM0.55%$12M59.9K
32TDGTRANSDIGM GROUP INChistory →COM0.53%$12M9.8K
33SNEXSTONEX GROUP INChistory →COM0.53%$12M169.2K
34ROPROPER TECHNOLOGIES INChistory →COM0.52%$12M21.0K
35SPGIS&P GLOBAL INChistory →COM0.51%$11M26.9K
36CSLCARLISLE COS INChistory →COM0.47%$11M26.9K
37FISFIDELITY NATL INFORMATION SVhistory →COM0.46%$10M138.6K
38FICOFAIR ISAAC CORPhistory →COM0.44%$10M8.0K
39BROBROWN & BROWN INCCOM0.43%$10M110.9K
40UBERUBER TECHNOLOGIES INCCOM0.43%$10M125.7K
41AEMAGNICO EAGLE MINES LTDCOM0.42%$9M157.8K
42MRKMERCK & CO INCCOM0.41%$9M71.0K
43ADBEADOBE INCCOM0.41%$9M18.2K
44FISVFISERV INCCOM0.40%$9M57.0K
45LAM RESEARCH CORPCOM0.40%$9M9.3K
46XYLXYLEM INCCOM0.40%$9M69.6K
47INGRINGREDION INCCOM0.38%$9M73.3K
48FASTFASTENAL COCOM0.38%$9M110.9K
49EXMOCEXXON MOBIL CORPCOM0.38%$8M73.0K
50NEMNEWMONT CORPCOM0.38%$8M236.4K
51ACGLARCH CAP GROUP LTDORD0.37%$8M90.7K
52CSGPCOSTAR GROUP INCCOM0.37%$8M86.1K
53CBOECBOE GLOBAL MKTS INCCOM0.35%$8M43.2K
54URIUNITED RENTALS INCCOM0.35%$8M11.0K
55CVXCHEVRON CORP NEWCOM0.32%$7M46.5K
56ABBVABBVIE INCCOM0.32%$7M40.1K
57VRTXVERTEX PHARMACEUTICALS INCCOM0.32%$7M17.5K
58PANWPALO ALTO NETWORKS INCCOM0.32%$7M25.6K
59NFLXNETFLIX INCCOM0.31%$7M11.5K
60EQXEQUINOX GOLD CORPCOM0.30%$7M1.12M
61DARDARLING INGREDIENTS INCCOM0.30%$7M145.0K
62DEDEERE & COCOM0.30%$7M16.4K
63CELESTICA INCSUB VTG SHS0.30%$7M149.4K
64TMOTHERMO FISHER SCIENTIFIC INCCOM0.30%$7M11.5K
65GILDGILEAD SCIENCES INCCOM0.29%$7M90.0K
66CITHE CIGNA GROUPCOM0.29%$6M17.9K
67EGEVEREST GROUP LTDCOM0.28%$6M15.8K
68DISDISNEY WALT COCOM0.27%$6M50.5K
69PGPROCTER AND GAMBLE COCOM0.26%$6M36.9K
70BROOKFIELD RENEWABLE CORPCL A SUB VTG0.26%$6M242.9K
71DHRDANAHER CORPORATIONCOM0.26%$6M23.2K
72AMGNAMGEN INCCOM0.26%$6M20.4K
73ZTSZOETIS INCCL A0.25%$6M33.9K
74TRVTRAVELERS COMPANIES INCCOM0.25%$6M24.8K
75CVSCVS HEALTH CORPCOM0.25%$6M71.3K
76PYPLPAYPAL HLDGS INCCOM0.25%$6M83.4K
77KRKROGER COCOM0.24%$5M96.0K
78CPRTCOPART INCCOM0.24%$5M94.1K
79DXCMDEXCOM INCCOM0.24%$5M39.2K
80EOGEOG RES INCCOM0.24%$5M42.1K
81PAYOPAYONEER GLOBAL INCCOM0.24%$5M1.10M
82ELVELEVANCE HEALTH INCCOM0.24%$5M10.3K
83QCOMQUALCOMM INCCOM0.23%$5M31.3K
84DVNDEVON ENERGY CORP NEWCOM0.23%$5M105.5K
85APHAMPHENOL CORP NEWCL A0.23%$5M44.7K
86ORLYOREILLY AUTOMOTIVE INCCOM0.22%$5M4.5K
87EDCONSOLIDATED EDISON INCCOM0.22%$5M54.9K
88ADPAUTOMATIC DATA PROCESSING INCOM0.22%$5M19.5K
89AXPAMERICAN EXPRESS COCOM0.21%$5M21.1K
90SLABSILICON LABORATORIES INCCOM0.21%$5M33.2K
91VZVERIZON COMMUNICATIONS INCCOM0.21%$5M112.0K
92CSCOCISCO SYS INCCOM0.21%$5M93.6K
93EXPDEXPEDITORS INTL WASH INCCOM0.20%$5M37.2K
94UNPUNION PAC CORPCOM0.20%$4M18.3K
95HONHONEYWELL INTL INCCOM0.20%$4M21.8K
96FTNTFORTINET INCCOM0.19%$4M63.7K
97CEGCONSTELLATION ENERGY CORPCOM0.19%$4M23.5K
98UUNITY SOFTWARE INCCOM0.19%$4M162.4K
99AMTAMERICAN TOWER CORP NEWCOM0.19%$4M21.9K
100CTASCINTAS CORPCOM0.19%$4M6.3K

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 ↗.