SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Bell Asset Management Ltd

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

Reported Value
$586M
Q3 2021
Positions
59
Filings on Record
30
2019–present window
Filed
Nov 12, 2021
original filing

Summary

Bell Asset Management Ltd reported $586M in U.S.-listed holdings across 59 positions for Q3 2021.

Its largest position, MSFT, represents 6.5% of the portfolio.

Compared with Q2 2021, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+32.1%
share of reported value
Largest Position
+6.5%
Microsoft
New / Exited
1 / 3
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% · $586M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMEDAMEDISYS INCNEW+38.0K38.0K+$6M$6M
MAMASTERCARD INCORPORATEDADDED+17.4K33.1K+$6M$12M
FLEETCOR TECHNOLOGIES INCSOLD OUT−24.5K0−$6M$0
ORLYOREILLY AUTOMOTIVE INCSOLD OUT−9.6K0−$5M$0
BDXBECTON DICKINSON & COSOLD OUT−20.7K0−$5M$0
UNPUNION PAC CORPADDED+23.7K50.0K+$4M$10M
AMGNAMGEN INCADDED+21.7K47.2K+$4M$10M
EAELECTRONIC ARTS INCADDED+41.0K93.8K+$6M$13M

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

Holdings — Q3 2021

59 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.51%$38M135.3K
2AMZNAMAZON COM INChistory →COM4.95%$29M8.8K
3GOOGLALPHABET INChistory →CAP STK CL A4.64%$27M10.2K
4UNHUNITEDHEALTH GROUP INChistory →COM2.79%$16M41.9K
5FISVFISERV INChistory →COM2.34%$14M126.5K
6EAELECTRONIC ARTS INChistory →COM2.28%$13M93.8K
7JNJJOHNSON & JOHNSONhistory →COM2.24%$13M81.2K
8METAFACEBOOK INChistory →CL A2.18%$13M37.6K
9VZVERIZON COMMUNICATIONS INChistory →COM2.12%$12M229.8K
10LOWLOWES COS INChistory →COM2.10%$12M60.6K
11CORAMERISOURCEBERGEN CORPhistory →COM2.05%$12M100.6K
12GGENPACT LIMITEDhistory →SHS2.01%$12M247.8K
13MAMASTERCARD INCORPORATEDhistory →CL A1.96%$12M33.1K
14HCAHCA HEALTHCARE INChistory →COM1.95%$11M47.0K
15ORCLORACLE CORPhistory →COM1.83%$11M123.0K
16VVISA INChistory →COM CL A1.81%$11M47.8K
17NKENIKE INChistory →CL B1.72%$10M69.6K
18AMGNAMGEN INChistory →COM1.71%$10M47.2K
19FBINFORTUNE BRANDS HOME & SEC INhistory →COM1.71%$10M111.9K
20CHDCHURCH & DWIGHT INChistory →COM1.70%$10M121.0K
21UNPUNION PAC CORPhistory →COM1.67%$10M50.0K
22HDHOME DEPOT INChistory →COM1.66%$10M29.6K
23JKHYHENRY JACK & ASSOC INChistory →COM1.64%$10M58.7K
24ACNACCENTURE PLC IRELANDhistory →SHS CLASS A1.61%$9M29.5K
25TSCOTRACTOR SUPPLY COhistory →COM1.60%$9M46.2K
26CERNER CORPCOM1.58%$9M131.6K
27ADBEADOBE SYSTEMS INCORPORATEDhistory →COM1.57%$9M16.0K
28ICLRICON PLChistory →SHS1.55%$9M34.6K
29MRSHMARSH & MCLENNAN COS INChistory →COM1.50%$9M58.0K
30BAHBOOZ ALLEN HAMILTON HLDG CORhistory →CL A1.48%$9M109.6K
31CTSHCOGNIZANT TECHNOLOGY SOLUTIOhistory →CL A1.43%$8M113.2K
32SPGIS&P GLOBAL INChistory →COM1.43%$8M19.7K
33CSCOCISCO SYS INChistory →COM1.35%$8M145.0K
34POOLPOOL CORPhistory →COM1.32%$8M17.8K
35ZBRAZEBRA TECHNOLOGIES CORPORATIhistory →CL A1.32%$8M15.0K
36KRKROGER COhistory →COM1.30%$8M188.3K
37COSTCOSTCO WHSL CORP NEWhistory →COM1.28%$7M16.6K
38YETIYETI HLDGS INChistory →COM1.26%$7M86.2K
39ECLECOLAB INChistory →COM1.24%$7M34.8K
40MCOMOODYS CORPhistory →COM1.24%$7M20.4K
41PEPPEPSICO INChistory →COM1.23%$7M48.1K
42HONHONEYWELL INTL INChistory →COM1.23%$7M34.0K
43KEYSKEYSIGHT TECHNOLOGIES INChistory →COM1.23%$7M43.8K
44ARISTA NETWORKS INCCOM1.20%$7M20.4K
45ZTSZOETIS INChistory →CL A1.18%$7M35.6K
46CHARLES RIV LABS INTL INCCOM1.16%$7M16.4K
47HSYHERSHEY COhistory →COM1.11%$7M38.6K
48SCISERVICE CORP INTLhistory →COM1.11%$6M107.7K
49MCDMCDONALDS CORPhistory →COM1.09%$6M26.4K
50BRBROADRIDGE FINL SOLUTIONS INhistory →COM1.08%$6M38.2K
51BKNGBOOKING HOLDINGS INChistory →COM1.06%$6M2.6K
52EWEDWARDS LIFESCIENCES CORPhistory →COM1.05%$6M54.6K
53AXPAMERICAN EXPRESS COhistory →COM1.02%$6M35.7K
54TTCTORO COCOM0.99%$6M59.9K
55FOXFFOX FACTORY HLDG CORPCOM0.98%$6M39.8K
56CBRECBRE GROUP INCCL A0.97%$6M58.7K
57AMEDAMEDISYS INCCOM0.97%$6M38.0K
58MTDMETTLER TOLEDO INTERNATIONALCOM0.90%$5M3.8K
59ELLAUDER ESTEE COS INCCL A0.84%$5M16.4K

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 ↗.