SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Bell Asset Management Ltd

CIK 0001681004 · LEVEL 30, 101 COLLINS STREET, MELBOURNE, C3, 3000 · 61 3 8637 6000

Reported Value
$466M
Q1 2021
Positions
60
Filings on Record
30
2019–present window
Filed
May 14, 2021
original filing

Summary

Bell Asset Management Ltd reported $466M in U.S.-listed holdings across 60 positions for Q1 2021.

Its largest position, MSFT, represents 5.3% of the portfolio.

Compared with Q4 2020, the fund opened 4 new positions and exited 4.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+31.0%
share of reported value
Largest Position
+5.3%
Microsoft
New / Exited
4 / 4
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: $476MQ4 ’18Q1 ’19: $582MQ2 ’19: $617MQ3 ’19: $651MQ4 ’19: $389MQ4 ’19Q1 ’20: $321MQ2 ’20: $369MQ3 ’20: $402MQ4 ’20: $457MQ4 ’20Q1 ’21: $466MQ2 ’21: $511MQ3 ’21: $586MQ4 ’21: $620MQ4 ’21Q1 ’22: $581MQ2 ’22: $507MQ3 ’22: $493MQ4 ’22: $534MQ4 ’22Q1 ’23: $547MQ2 ’23: $585MQ3 ’23: $608MQ4 ’23: $656MQ4 ’23Q1 ’24: $682MQ2 ’24: $713MQ3 ’24: $546MQ4 ’24: $549MQ4 ’24Q1 ’25: $544MQ2 ’25: $454MQ3 ’25: $366MQ4 ’25: $374MQ4 ’25Q1 ’26: $340Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 100.0%
  • Common Stock · 100.0% · $466M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FBINFORTUNE BRANDS HOME & SEC INNEW+70.3K70.3K+$7M$7M
ADBEADOBE SYSTEMS INCORPORATEDNEW+12.2K12.2K+$6M$6M
EWEDWARDS LIFESCIENCES CORPNEW+52.8K52.8K+$4M$4M
UNPUNION PAC CORPNEW+19.8K19.8K+$4M$4M
CHKPCHECK POINT SOFTWARE TECH LTSOLD OUT−70.6K0−$9M$0
ALGNALIGN TECHNOLOGY INCSOLD OUT−8.9K0−$5M$0
CLCOLGATE PALMOLIVE COSOLD OUT−49.6K0−$4M$0
IDXXIDEXX LABS INCSOLD OUT−6.4K0−$3M$0

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

Holdings — Q1 2021

60 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM5.34%$25M105.5K
2GOOGLALPHABET INChistory →CAP STK CL A4.52%$21M10.2K
3UNHUNITEDHEALTH GROUP INChistory →COM3.92%$18M49.1K
4JNJJOHNSON & JOHNSONhistory →COM3.03%$14M86.0K
5FISVFISERV INChistory →COM2.89%$13M112.9K
6METAFACEBOOK INChistory →CL A2.68%$12M42.4K
7ORCLORACLE CORPhistory →COM2.25%$10M149.2K
8CORAMERISOURCEBERGEN CORPhistory →COM2.23%$10M88.1K
9GGENPACT LIMITEDhistory →SHS2.17%$10M236.3K
10VZVERIZON COMMUNICATIONS INChistory →COM1.99%$9M159.6K
11CHDCHURCH & DWIGHT INChistory →COM1.98%$9M105.6K
12LOWLOWES COS INChistory →COM1.93%$9M47.4K
13HDHOME DEPOT INChistory →COM1.90%$9M29.1K
14ICLRICON PLChistory →SHS1.84%$9M43.6K
15HCAHCA HEALTHCARE INChistory →COM1.82%$8M45.1K
16CERNER CORPCOM1.77%$8M114.9K
17TSCOTRACTOR SUPPLY COhistory →COM1.74%$8M45.8K
18VVISA INChistory →COM CL A1.73%$8M38.0K
19POOLPOOL CORPhistory →COM1.68%$8M22.7K
20ACNACCENTURE PLC IRELANDhistory →SHS CLASS A1.68%$8M28.2K
21JKHYHENRY JACK & ASSOC INChistory →COM1.67%$8M51.4K
22CTSHCOGNIZANT TECHNOLOGY SOLUTIOhistory →CL A1.64%$8M97.8K
23SPGIS&P GLOBAL INChistory →COM1.62%$8M21.4K
24MRSHMARSH & MCLENNAN COS INChistory →COM1.61%$8M61.7K
25MCOMOODYS CORPhistory →COM1.55%$7M24.2K
26EAELECTRONIC ARTS INChistory →COM1.54%$7M53.1K
27ORLYOREILLY AUTOMOTIVE INChistory →COM1.54%$7M14.1K
28HONHONEYWELL INTL INChistory →COM1.51%$7M32.5K
29BAHBOOZ ALLEN HAMILTON HLDG CORhistory →CL A1.47%$7M84.8K
30SCISERVICE CORP INTLhistory →COM1.45%$7M132.1K
31FBINFORTUNE BRANDS HOME & SEC INhistory →COM1.45%$7M70.3K
32PEPPEPSICO INChistory →COM1.44%$7M47.4K
33FLEETCOR TECHNOLOGIES INCCOM1.42%$7M24.7K
34ZTSZOETIS INChistory →CL A1.41%$7M41.6K
35COSTCOSTCO WHSL CORP NEWhistory →COM1.41%$7M18.6K
36HSYHERSHEY COhistory →COM1.39%$6M40.9K
37AMGNAMGEN INChistory →COM1.37%$6M25.6K
38BRBROADRIDGE FINL SOLUTIONS INhistory →COM1.35%$6M41.1K
39KRKROGER COhistory →COM1.34%$6M173.5K
40ZBRAZEBRA TECHNOLOGIES CORPORATIhistory →CL A1.31%$6M12.5K
41NKENIKE INChistory →CL B1.25%$6M43.9K
42ADBEADOBE SYSTEMS INCORPORATEDhistory →COM1.25%$6M12.2K
43AXPAMERICAN EXPRESS COhistory →COM1.25%$6M41.0K
44MCDMCDONALDS CORPhistory →COM1.23%$6M25.5K
45MAMASTERCARD INCORPORATEDhistory →CL A1.20%$6M15.8K
46TTCTORO COhistory →COM1.16%$5M52.5K
47ARISTA NETWORKS INCCOM1.16%$5M17.9K
48YETIYETI HLDGS INChistory →COM1.16%$5M74.8K
49CSCOCISCO SYS INChistory →COM1.16%$5M104.5K
50FOXFFOX FACTORY HLDG CORPhistory →COM1.12%$5M41.0K
51BDXBECTON DICKINSON & COhistory →COM1.08%$5M20.7K
52CHARLES RIV LABS INTL INCCOM1.08%$5M17.4K
53CBRECBRE GROUP INChistory →CL A1.01%$5M59.6K
54BKNGBOOKING HOLDINGS INCCOM0.96%$4M1.9K
55EWEDWARDS LIFESCIENCES CORPCOM0.95%$4M52.8K
56UNPUNION PAC CORPCOM0.94%$4M19.8K
57ECLECOLAB INCCOM0.92%$4M20.0K
58ELLAUDER ESTEE COS INCCL A0.90%$4M14.4K
59MTDMETTLER TOLEDO INTERNATIONALCOM0.84%$4M3.4K
60AVYAVERY DENNISON CORPCOM0.79%$4M20.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$340M61Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$374M59Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$366M63Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$454M62Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$544M66May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$549M64Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$546M64Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$713M63Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$682M61May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$656M64Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$608M63Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$585M62Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$547M60May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$534M60Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$493M57Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$507M58Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$581M57May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$620M55Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$586M59Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$511M61Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$466M60May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$457M60Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$402M60Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$369M60Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$321M61May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$389M67Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$651M66Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$617M63Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$582M61Apr 11, 201913F-HRchanges · EDGAR ↗
Q4 2018$476M62Jan 22, 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 ↗.