SEC 13F Intelligence

Managers / Q4 2024 · view latest →

SHELL ASSET MANAGEMENT CO

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

Reported Value
$2.3B
Q4 2024
Positions
1,264
Filings on Record
27
2019–present window
Filed
Feb 14, 2025
original filing

Summary

Shell Asset Management Co reported $2.3B in U.S.-listed holdings across 1,264 positions for Q4 2024.

Its largest position, AAPL, represents 6.3% of the portfolio.

Compared with Q3 2024, the fund opened 36 new positions and exited 27.

Portfolio Metrics

Turnover
+8.3%
vs prior filed quarter
Top-10 Concentration
+33.8%
share of reported value
Largest Position
+6.3%
Apple
New / Exited
36 / 27
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: 96.4%REIT: 2.0%ETP: 1.0%ADR: 0.5%Other: 0.1%Tracking Stk: 0.0%
  • Common Stock · 96.4% · $2.2B
  • REIT · 2.0% · $47M
  • ETP · 1.0% · $24M
  • ADR · 0.5% · $11M
  • Other · 0.1% · $1M
  • Tracking Stk · 0.0% · $389,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BEPCBROOKFIELD RENEWABLE CORPNEW+182.2K182.2K+$5M$5M
LRCXLAM RESEARCH CORPNEW+60.9K60.9K+$4M$4M
DHTDHT HOLDINGS INCNEW+357.3K357.3K+$3M$3M
BNTXBIONTECH SENEW+19.4K19.4K+$2M$2M
ANETARISTA NETWORKS INCNEW+13.9K13.9K+$2M$2M
BLKBLACKROCK INCNEW+1.4K1.4K+$1M$1M
PLTRPALANTIR TECHNOLOGIES INCNEW+13.3K13.3K+$1M$1M
MMM3M CONEW+5.6K5.6K+$717,000$717,000

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

Holdings — Q4 2024

496 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM6.35%$145M580.1K
2NVDANVIDIA CORPORATIONhistory →COM6.02%$138M1.03M
3MSFTMICROSOFT CORPhistory →COM5.31%$122M288.3K
4AMZNAMAZON COM INChistory →COM4.24%$97M442.9K
5GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.27%$75M393.5K
6METAMETA PLATFORMS INChistory →CL A2.34%$54M91.4K
7TSLATESLA INChistory →COM1.74%$40M98.5K
8AVGOBROADCOM INChistory →COM1.73%$40M170.9K
9UNHUNITEDHEALTH GROUP INChistory →COM1.51%$34M68.2K
10VVISA INChistory →COM CL A1.34%$31M96.9K
11COSTCOSTCO WHSL CORP NEWhistory →COM1.32%$30M33.0K
12LLYELI LILLY & COhistory →COM1.22%$28M36.1K
13BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.19%$27M59.9K
14MAMASTERCARD INCORPORATEDhistory →CL A1.19%$27M51.5K
15INDAISHARES TRMSCI INDIA ETF · MSCI INDIA SM CP · MSCI SAUDI ARBIA · MSCI KUWAIT ETF0.93%$21M400.2K
16NOWSERVICENOW INChistory →COM0.81%$18M17.4K
17BKNGBOOKING HOLDINGS INChistory →COM0.74%$17M3.4K
18JPMJPMORGAN CHASE & CO.history →COM0.69%$16M66.2K
19MCOMOODYS CORPhistory →COM0.69%$16M33.3K
20CDNSCADENCE DESIGN SYSTEM INChistory →COM0.66%$15M50.4K
21CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.61%$14M230.6K
22HDHOME DEPOT INChistory →COM0.59%$13M34.5K
23ABTABBOTT LABShistory →COM0.58%$13M118.1K
24FISVFISERV INChistory →COM0.58%$13M64.2K
25FICOFAIR ISAAC CORPhistory →COM0.57%$13M6.6K
26PGRPROGRESSIVE CORPhistory →COM0.56%$13M53.1K
27ISRGINTUITIVE SURGICAL INChistory →COM NEW0.54%$12M23.9K
28INTUINTUIThistory →COM0.54%$12M19.6K
29SPGIS&P GLOBAL INChistory →COM0.54%$12M24.6K
30SNEXSTONEX GROUP INChistory →COM0.52%$12M122.3K
31TDGTRANSDIGM GROUP INChistory →COM0.50%$11M9.0K
32APHAMPHENOL CORP NEWhistory →CL A0.47%$11M153.3K
33AEMAGNICO EAGLE MINES LTDhistory →COM0.45%$10M132.8K
34FISFIDELITY NATL INFORMATION SVhistory →COM0.45%$10M128.3K
35BROBROWN & BROWN INChistory →COM0.45%$10M101.3K
36PAYOPAYONEER GLOBAL INChistory →COM0.44%$10M1.01M
37INGRINGREDION INCCOM0.43%$10M71.9K
38PEPPEPSICO INCCOM0.42%$10M64.0K
39NFLXNETFLIX INCCOM0.42%$10M10.9K
40CPRTCOPART INCCOM0.41%$9M163.4K
41CRMSALESFORCE INCCOM0.41%$9M27.8K
42CSLCARLISLE COS INCCOM0.40%$9M24.6K
43NEMNEWMONT CORPCOM0.38%$9M234.5K
44XYLXYLEM INCCOM0.37%$8M72.0K
45CLSCELESTICA INCCOM0.36%$8M89.2K
46REGNREGENERON PHARMACEUTICALSCOM0.35%$8M11.3K
47UBERUBER TECHNOLOGIES INCCOM0.35%$8M130.9K
48NVRNVR INCCOM0.33%$8M923
49AMATAPPLIED MATLS INCCOM0.32%$7M45.4K
50TMOTHERMO FISHER SCIENTIFIC INCCOM0.32%$7M13.9K
51FASTFASTENAL COCOM0.32%$7M100.5K
52PANWPALO ALTO NETWORKS INCCOM0.31%$7M38.9K
53AXPAMERICAN EXPRESS COCOM0.31%$7M23.7K
54URIUNITED RENTALS INCCOM0.31%$7M9.9K
55PYPLPAYPAL HLDGS INCCOM0.29%$7M78.2K
56ABBVABBVIE INCCOM0.28%$7M36.7K
57ACGLARCH CAP GROUP LTDORD0.28%$6M69.7K
58EXMOCEXXON MOBIL CORPCOM0.28%$6M59.0K
59CVXCHEVRON CORP NEWCOM0.28%$6M43.8K
60AMDADVANCED MICRO DEVICES INCCOM0.27%$6M51.5K
61GILDGILEAD SCIENCES INCCOM0.27%$6M66.6K
62CBOECBOE GLOBAL MKTS INCCOM0.27%$6M31.3K
63MRKMERCK & CO INCCOM0.27%$6M61.3K
64EQXEQUINOX GOLD CORPCOM0.26%$6M1.19M
65VRTXVERTEX PHARMACEUTICALS INCCOM0.26%$6M14.7K
66ADBEADOBE INCCOM0.25%$6M12.7K
67ADPAUTOMATIC DATA PROCESSING INCOM0.25%$6M19.2K
68FTNTFORTINET INCCOM0.25%$6M59.5K
69PGPROCTER AND GAMBLE COCOM0.24%$6M32.9K
70GTLSCHART INDS INCCOM0.24%$6M28.9K
71CTASCINTAS CORPCOM0.24%$5M30.0K
72PMPHILIP MORRIS INTL INCCOM0.24%$5M45.4K
73ALLALLSTATE CORPCOM0.22%$5M26.7K
74TRITHOMSON REUTERS CORPCOM0.22%$5M31.9K
75HIGHARTFORD FINL SVCS GROUP INCCOM0.22%$5M46.7K
76CSGPCOSTAR GROUP INCCOM0.22%$5M71.0K
77KLACKLA CORPCOM NEW0.22%$5M8.1K
78DECKDECKERS OUTDOOR CORPCOM0.22%$5M25.0K
79BEPCBROOKFIELD RENEWABLE CORPCL A EX SUB VTG0.22%$5M182.2K
80DHRDANAHER CORPORATIONCOM0.22%$5M21.5K
81SYFSYNCHRONY FINANCIALCOM0.21%$5M72.5K
82EIXEDISON INTLCOM0.20%$5M58.3K
83DARDARLING INGREDIENTS INCCOM0.20%$5M137.9K
84UNPUNION PAC CORPCOM0.20%$5M20.3K
85ORLYOREILLY AUTOMOTIVE INCCOM0.20%$5M3.9K
86CBRECBRE GROUP INCCL A0.20%$4M34.2K
87LRCXLAM RESEARCH CORPCOM NEW0.19%$4M60.9K
88ENBENBRIDGE INCCOM0.19%$4M103.4K
89DVNDEVON ENERGY CORP NEWCOM0.19%$4M132.8K
90FFIVF5 INCCOM0.19%$4M17.1K
91QCOMQUALCOMM INCCOM0.18%$4M27.5K
92CITHE CIGNA GROUPCOM0.18%$4M15.1K
93HONHONEYWELL INTL INCCOM0.18%$4M18.4K
94WELLWELLTOWER INCCOM0.18%$4M32.3K
95BBYBEST BUY INCCOM0.18%$4M47.4K
96EXCEXELON CORPCOM0.18%$4M107.9K
97DISCOVER FINL SVCSCOM0.18%$4M23.2K
98BNYBANK NEW YORK MELLON CORPCOM0.17%$4M52.1K
99ELVELEVANCE HEALTH INCCOM0.17%$4M10.8K
100SYKSTRYKER CORPORATIONCOM0.17%$4M11.0K

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 ↗

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 ↗.