SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Magellan Asset Management Ltd

CIK 0001536105 · LEVEL 36, 25 MARTIN PLACE, SYDNEY, C3, 2000 · 61292354888

Reported Value
$11.2B
Q2 2023
Positions
157
Filings on Record
31
2019–present window
Filed
Aug 11, 2023
original filing

Summary

Magellan Asset Management Ltd reported $11.2B in U.S.-listed holdings across 157 positions for Q2 2023.

Its largest position, MSFT, represents 7.1% of the portfolio.

Compared with Q1 2023, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+7.5%
vs prior filed quarter
Top-10 Concentration
+48.6%
share of reported value
Largest Position
+7.1%
Microsoft
New / Exited
2 / 2
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. 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: $27.2BQ4 ’18Q1 ’19: $31.5BQ2 ’19: $34.7BQ3 ’19: $34.8BQ4 ’19: $38.0BQ4 ’19Q1 ’20: $29.0BQ2 ’20: $33.4BQ3 ’20: $39.2BQ4 ’20: $43.2BQ4 ’20Q1 ’21: $47.8BQ2 ’21: $50.5BQ3 ’21: $50.0BQ4 ’21: $39.3BQ4 ’21Q1 ’22: $25.8BQ2 ’22: $18.3BQ3 ’22: $14.3BQ4 ’22: $11.7BQ4 ’22Q1 ’23: $11.7BQ2 ’23: $11.2BQ3 ’23: $9.4BQ4 ’23: $10.0BQ4 ’23Q1 ’24: $10.5BQ2 ’24: $10.5BQ3 ’24: $10.0BQ4 ’24: $9.1BQ4 ’24Q1 ’25: $8.2BQ2 ’25: $8.7BQ3 ’25: $8.4BQ4 ’25: $8.2BQ4 ’25Q1 ’26: $7.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 93.2%REIT: 3.9%Other: 2.3%ADR: 0.5%ETP: 0.1%
  • Common Stock · 93.2% · $10.5B
  • REIT · 3.9% · $440M
  • Other · 2.3% · $263M
  • ADR · 0.5% · $52M
  • ETP · 0.1% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZTSZOETIS INCNEW+951951+$163,772$163,772
SCHWSCHWAB CHARLES CORPNEW+2.8K2.8K+$161,141$161,141
CMECME GROUP INCADDED+20.0K21.8K+$4M$4M
NFLXNETFLIX INCADDED+405.3K497.5K+$187M$219M
MDLZMONDELEZ INTL INCADDED+82.0K142.2K+$6M$10M
SHWSHERWIN WILLIAMS COSOLD OUT−1460−$32,816$0
STTSTATE STR CORPSOLD OUT−3190−$24,145$0
PYPLPAYPAL HLDGS INCTRIMMED−248.0K583−$19M$38,904

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

Holdings — Q2 2023

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.13%$801M2.35M
2AMZNAMAZON COM INChistory →COM6.43%$723M5.55M
3VVISA INChistory →COM CL A4.85%$545M2.29M
4ICEINTERCONTINENTAL EXCHANGE INhistory →COM4.69%$527M4.66M
5YUMYUM BRANDS INChistory →COM4.58%$515M3.71M
6LOWLOWES COS INChistory →COM4.50%$506M2.24M
7MAMASTERCARD INCORPORATEDhistory →CL A4.33%$486M1.24M
8WECWEC ENERGY GROUP INChistory →COM4.17%$469M5.32M
9AAPLAPPLE INChistory →COM4.04%$454M2.34M
10GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.96%$445M3.69M
11CMGCHIPOTLE MEXICAN GRILL INChistory →COM3.91%$440M205.7K
12INTUINTUIThistory →COM3.90%$438M955.9K
13MCDMCDONALDS CORPhistory →COM3.38%$380M1.27M
14UNHUNITEDHEALTH GROUP INChistory →COM3.04%$341M710.2K
15ESEVERSOURCE ENERGYhistory →COM3.04%$341M4.81M
16HCAHCA HEALTHCARE INChistory →COM2.86%$321M1.06M
17AMTAMERICAN TOWER CORP NEWhistory →COM2.46%$276M1.42M
18SRESEMPRAhistory →COM2.41%$271M1.86M
19TRANE TECHNOLOGIES PLCSHS2.34%$263M1.37M
20NSCNORFOLK SOUTHN CORPhistory →COM1.98%$222M979.9K
21NFLXNETFLIX INChistory →COM1.95%$219M497.5K
22XELXCEL ENERGY INChistory →COM1.82%$204M3.28M
23EVRGEVERGY INChistory →COM1.78%$200M3.42M
24CMSCMS ENERGY CORPhistory →COM1.70%$191M3.24M
25CSXCSX CORPhistory →COM1.60%$180M5.28M
26AWCAMERICAN WTR WKS CO INC NEWhistory →COM1.47%$165M1.16M
27PEPPEPSICO INChistory →COM1.37%$154M831.5K
28DDOMINION ENERGY INChistory →COM1.35%$151M2.92M
298CWCROWN CASTLE INChistory →COM1.29%$145M1.27M
30LNTALLIANT ENERGY CORPhistory →COM0.81%$91M1.74M
31BKNGBOOKING HOLDINGS INChistory →COM0.77%$86M31.9K
32METAMETA PLATFORMS INChistory →CL A0.51%$57M198.7K
33CRMSALESFORCE INChistory →COM0.42%$48M225.6K
34USBUS BANCORP DELhistory →COM NEW0.39%$43M1.31M
35COFCAPITAL ONE FINL CORPhistory →COM0.30%$33M305.9K
36SOSOUTHERN COhistory →COM0.27%$30M430.4K
37PEOEXELON CORPhistory →COM0.27%$30M734.7K
38AEPAMERICAN ELEC PWR CO INChistory →COM0.27%$30M354.8K
39DUKDUKE ENERGY CORP NEWhistory →COM NEW0.26%$30M331.0K
40TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS0.25%$28M276.1K
41BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.23%$26M76.0K
42EDCONSOLIDATED EDISON INChistory →COM0.22%$25M275.7K
43PEGPUBLIC SVC ENTERPRISE GRP INhistory →COM0.22%$25M391.7K
44BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS0.22%$24M290.9K
45SBACSBA COMMUNICATIONS CORP NEWhistory →CL A0.17%$20M84.2K
46DTEDTE ENERGY COhistory →COM0.16%$18M163.7K
47FEFIRSTENERGY CORPhistory →COM0.15%$17M439.1K
48AEEAMEREN CORPhistory →COM0.15%$17M206.0K
49ETRENTERGY CORP NEWhistory →COM0.14%$16M166.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$7.7B79May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$8.2B80Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$8.4B82Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$8.7B84Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$8.2B87May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$9.1B87Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$10.0B117Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$10.5B154Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$10.5B155May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$10.0B154Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$9.4B156Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$11.2B157Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$11.7B157May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$11.7B118Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$14.3B121Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$18.3B121Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$25.8B117May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$39.3B117Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$50.0B115Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$50.5B114Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$47.8B110May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$43.2B106Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$39.2B99Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$33.4B75Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$29.0B78May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$38.0B77Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$34.8B78Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$34.7B75Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$31.5B71May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$27.2B72Feb 14, 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 ↗.