SEC 13F Intelligence

Managers / Q2 2024 · view latest →

SHELL ASSET MANAGEMENT CO

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

Reported Value
$2.2B
Q2 2024
Positions
1,252
Filings on Record
27
2019–present window
Filed
Jul 25, 2024
original filing

Summary

Shell Asset Management Co reported $2.2B in U.S.-listed holdings across 1,252 positions for Q2 2024.

Its largest position, MSFT, represents 6.7% of the portfolio.

Compared with Q1 2024, the fund opened 37 new positions and exited 59.

Portfolio Metrics

Turnover
+6.4%
vs prior filed quarter
Top-10 Concentration
+34.3%
share of reported value
Largest Position
+6.7%
Microsoft
New / Exited
37 / 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
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: 96.2%REIT: 1.9%ETP: 1.0%Other: 0.5%ADR: 0.4%
  • Common Stock · 96.2% · $2.1B
  • REIT · 1.9% · $42M
  • ETP · 1.0% · $22M
  • Other · 0.5% · $11M
  • ADR · 0.4% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLSCELESTICA INCNEW+138.5K138.5K+$8M$8M
BW LPG LTDNEW+174.2K174.2K+$3M$3M
LEGHLEGACY HOUSING CORPNEW+78.6K78.6K+$2M$2M
FLNCFLUENCE ENERGY INCNEW+47.2K47.2K+$819,000$819,000
CNPCENTERPOINT ENERGY INCNEW+23.5K23.5K+$729,000$729,000
GEVGE VERNOVA INCNEW+3.1K3.1K+$531,000$531,000
FRPTFRESHPET INCNEW+3.1K3.1K+$405,000$405,000
TSNTYSON FOODS INCNEW+4.9K4.9K+$281,000$281,000

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

Holdings — Q2 2024

497 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.70%$147M329.3K
2NVDANVIDIA CORPORATIONhistory →COM6.56%$144M1.17M
3AAPLAPPLE INChistory →COM5.71%$125M595.9K
4AMZNAMAZON COM INChistory →COM3.95%$87M449.0K
5GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.40%$75M408.4K
6METAMETA PLATFORMS INChistory →CL A2.22%$49M96.7K
7LLYELI LILLY & COhistory →COM1.70%$37M41.2K
8UNHUNITEDHEALTH GROUP INChistory →COM1.48%$33M63.9K
9COSTCOSTCO WHSL CORP NEWhistory →COM1.33%$29M34.3K
10AVGOBROADCOM INChistory →COM1.27%$28M17.4K
11VVISA INChistory →COM CL A1.21%$27M101.5K
12MAMASTERCARD INCORPORATEDhistory →CL A1.03%$23M51.3K
13INDAISHARES TRMSCI INDIA ETF · MSCI INDIA SM CP · MSCI SAUDI ARBIA0.93%$20M357.9K
14BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.86%$19M46.7K
15TSLATESLA INChistory →COM0.79%$17M87.6K
16CDNSCADENCE DESIGN SYSTEM INChistory →COM0.75%$17M53.8K
17MCOMOODYS CORPhistory →COM0.70%$15M36.6K
18CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.67%$15M234.4K
19BKNGBOOKING HOLDINGS INChistory →COM0.67%$15M3.7K
20REGNREGENERON PHARMACEUTICALShistory →COM0.61%$13M12.8K
21JPMJPMORGAN CHASE & CO.history →COM0.61%$13M66.4K
22NOWSERVICENOW INChistory →COM0.61%$13M16.9K
23ABTABBOTT LABShistory →COM0.60%$13M126.3K
24INTUINTUIThistory →COM0.59%$13M19.7K
25ISRGINTUITIVE SURGICAL INChistory →COM NEW0.58%$13M28.7K
26HDHOME DEPOT INChistory →COM0.56%$12M35.9K
27AMATAPPLIED MATLS INChistory →COM0.56%$12M52.3K
28PGRPROGRESSIVE CORPhistory →COM0.54%$12M57.6K
29SNEXSTONEX GROUP INChistory →COM0.54%$12M157.0K
30AMDADVANCED MICRO DEVICES INChistory →COM0.54%$12M72.6K
31TDGTRANSDIGM GROUP INChistory →COM0.53%$12M9.2K
32SPGIS&P GLOBAL INChistory →COM0.51%$11M25.2K
33PEPPEPSICO INChistory →COM0.50%$11M66.5K
34UBERUBER TECHNOLOGIES INChistory →COM0.47%$10M143.2K
35EXMOCEXXON MOBIL CORPhistory →COM0.46%$10M88.4K
36CSLCARLISLE COS INChistory →COM0.46%$10M25.0K
37FICOFAIR ISAAC CORPhistory →COM0.46%$10M6.8K
38FISFIDELITY NATL INFORMATION SVCOM0.44%$10M127.9K
39NEMNEWMONT CORPCOM0.43%$9M226.1K
40ADBEADOBE INCCOM0.43%$9M17.0K
41BROBROWN & BROWN INCCOM0.42%$9M104.0K
42AEMAGNICO EAGLE MINES LTDCOM0.42%$9M140.5K
43LAM RESEARCH CORPCOM0.41%$9M8.5K
44XYLXYLEM INCCOM0.40%$9M64.5K
45ACGLARCH CAP GROUP LTDORD0.38%$8M83.1K
46PANWPALO ALTO NETWORKS INCCOM0.37%$8M23.8K
47MRKMERCK & CO INCCOM0.37%$8M64.8K
48CLSCELESTICA INCCOM0.36%$8M138.5K
49FISVFISERV INCCOM0.36%$8M52.9K
50INGRINGREDION INCCOM0.36%$8M68.0K
51KLACKLA CORPCOM NEW0.35%$8M9.3K
52VRTXVERTEX PHARMACEUTICALS INCCOM0.34%$8M16.1K
53NFLXNETFLIX INCCOM0.34%$7M11.0K
54ROPROPER TECHNOLOGIES INCCOM0.33%$7M12.8K
55CRMSALESFORCE INCCOM0.32%$7M27.6K
56CVXCHEVRON CORP NEWCOM0.32%$7M44.8K
57CBOECBOE GLOBAL MKTS INCCOM0.31%$7M40.5K
58FASTFASTENAL COCOM0.30%$7M104.0K
59URIUNITED RENTALS INCCOM0.30%$7M10.1K
60CITHE CIGNA GROUPCOM0.30%$6M19.6K
61ABBVABBVIE INCCOM0.29%$6M37.6K
62BROOKFIELD RENEWABLE CORPCL A SUB VTG0.29%$6M225.3K
63CSGPCOSTAR GROUP INCCOM0.27%$6M80.4K
64TMOTHERMO FISHER SCIENTIFIC INCCOM0.27%$6M10.6K
65GILDGILEAD SCIENCES INCCOM0.27%$6M85.5K
66AMGNAMGEN INCCOM0.26%$6M18.6K
67PGPROCTER AND GAMBLE COCOM0.26%$6M34.8K
68EGEVEREST GROUP LTDCOM0.26%$6M15.0K
69DEDEERE & COCOM0.26%$6M15.3K
70APHAMPHENOL CORP NEWCL A0.26%$6M84.3K
71ELVELEVANCE HEALTH INCCOM0.26%$6M10.5K
72PAYOPAYONEER GLOBAL INCCOM0.26%$6M1.02M
73DHRDANAHER CORPORATIONCOM0.25%$5M22.0K
74EQXEQUINOX GOLD CORPCOM0.25%$5M1.04M
75QCOMQUALCOMM INCCOM0.24%$5M26.8K
76DARDARLING INGREDIENTS INCCOM0.22%$5M132.4K
77CPRTCOPART INCCOM0.22%$5M87.8K
78DVNDEVON ENERGY CORP NEWCOM0.21%$5M97.8K
79EDCONSOLIDATED EDISON INCCOM0.21%$5M51.3K
80EOGEOG RES INCCOM0.21%$5M36.4K
81UNPUNION PAC CORPCOM0.21%$5M20.2K
82AXPAMERICAN EXPRESS COCOM0.20%$5M19.4K
83PYPLPAYPAL HLDGS INCCOM0.20%$4M77.4K
84ORLYOREILLY AUTOMOTIVE INCCOM0.20%$4M4.2K
85KRKROGER COCOM0.20%$4M89.0K
86VZVERIZON COMMUNICATIONS INCCOM0.20%$4M106.1K
87ADPAUTOMATIC DATA PROCESSING INCOM0.20%$4M18.3K
88HONHONEYWELL INTL INCCOM0.20%$4M20.4K
89TRITHOMSON REUTERS CORP.COM0.20%$4M25.7K
90BBYBEST BUY INCCOM0.19%$4M50.2K
91EIXEDISON INTLCOM0.19%$4M57.9K
92CVSCVS HEALTH CORPCOM0.19%$4M69.8K
93SYFSYNCHRONY FINANCIALCOM0.19%$4M86.5K
94CTASCINTAS CORPCOM0.19%$4M5.8K
95IRMIRON MTN INC DELCOM0.18%$4M44.6K
96DECKDECKERS OUTDOOR CORPCOM0.18%$4M4.1K
97AMTAMERICAN TOWER CORP NEWCOM0.18%$4M20.4K
98POWIPOWER INTEGRATIONS INCCOM0.18%$4M56.1K
99DISDISNEY WALT COCOM0.18%$4M39.2K
100PDDPDD HOLDINGS INCSPONSORED ADS0.18%$4M29.1K

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 ↗.