SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Bell Asset Management Ltd

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

Reported Value
$581M
Q1 2022
Positions
57
Filings on Record
30
2019–present window
Filed
May 13, 2022
original filing

Summary

Bell Asset Management Ltd reported $581M in U.S.-listed holdings across 57 positions for Q1 2022.

Its largest position, MSFT, represents 6.4% of the portfolio.

Compared with Q4 2021, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+5.5%
vs prior filed quarter
Top-10 Concentration
+33.8%
share of reported value
Largest Position
+6.4%
Microsoft
New / Exited
4 / 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: $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: 96.1%Other: 3.9%
  • Common Stock · 96.1% · $558M
  • Other · 3.9% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TXNTEXAS INSTRS INCNEW+41.7K41.7K+$8M$8M
VEEVVEEVA SYS INCNEW+30.5K30.5K+$6M$6M
MASI*MASIMO CORPNEW+32.2K32.2K+$5M$5M
SBUXSTARBUCKS CORPNEW+48.8K48.8K+$4M$4M
CERNCHFCERNER CORPSOLD OUT−82.2K0−$8M$0
HSYHERSHEY COSOLD OUT−36.2K0−$7M$0
ZBRAZEBRA TECHNOLOGIES CORPORATIADDED+11.5K25.0K+$2M$10M
FOXFFOX FACTORY HLDG CORPADDED+31.8K72.0K+$218,000$7M

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

Holdings — Q1 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.42%$37M120.9K
2AMZNAMAZON COM INChistory →COM5.25%$30M9.4K
3GOOGLALPHABET INChistory →CAP STK CL A4.90%$28M10.2K
4UNHUNITEDHEALTH GROUP INChistory →COM3.09%$18M35.2K
5VVISA INChistory →COM CL A2.50%$15M65.5K
6JNJJOHNSON & JOHNSONhistory →COM2.48%$14M81.4K
7FISVFISERV INChistory →COM2.40%$14M137.8K
8MAMASTERCARD INCORPORATEDhistory →CL A2.36%$14M38.4K
9EAELECTRONIC ARTS INChistory →COM2.28%$13M104.7K
10HCAHCA HEALTHCARE INChistory →COM2.08%$12M48.2K
11ORCLORACLE CORPhistory →COM2.04%$12M143.0K
12BACVERIZON COMMUNICATIONS INChistory →COM2.02%$12M230.1K
13GENPACT LIMITEDCOM2.02%$12M269.2K
14LOWLOWES COS INChistory →COM2.00%$12M57.6K
15AMGNAMGEN INChistory →COM1.97%$11M47.3K
16ACCENTURE PLC IRELANDSHS CLASS A1.90%$11M32.7K
17YETIYETI HLDGS INChistory →COM1.83%$11M177.1K
18ZBRAZEBRA TECHNOLOGIES CORPORATIhistory →CL A1.78%$10M25.0K
19NKENIKE INChistory →CL B1.74%$10M74.9K
20BAHBOOZ ALLEN HAMILTON HLDG CORhistory →CL A1.66%$10M109.8K
21ABGAMERISOURCEBERGEN CORPhistory →COM1.63%$9M61.2K
22FBINFORTUNE BRANDS HOME & SEC INhistory →COM1.58%$9M123.6K
23ADBEADOBE SYSTEMS INCORPORATEDhistory →COM1.57%$9M20.1K
24POOLPOOL CORPhistory →COM1.55%$9M21.3K
25CHARLES RIV LABS INTL INCCOM1.53%$9M31.3K
26UNPUNION PAC CORPhistory →COM1.49%$9M31.8K
27JKHYHENRY JACK & ASSOC INChistory →COM1.45%$8M42.8K
28CTSHCOGNIZANT TECHNOLOGY SOLUTIOhistory →CL A1.43%$8M92.4K
29HDHOME DEPOT INChistory →COM1.41%$8M27.4K
30AMEDAMEDISYS INChistory →COM1.40%$8M47.2K
31CSCOCISCO SYS INChistory →COM1.39%$8M145.2K
32SPGIS&P GLOBAL INChistory →COM1.39%$8M19.7K
33ZTSZOETIS INChistory →CL A1.37%$8M42.1K
34ANETEURARISTA NETWORKS INChistory →COM1.36%$8M57.0K
35TTCTORO COhistory →COM1.36%$8M92.2K
36MRSHMARSH & MCLENNAN COS INChistory →COM1.35%$8M46.2K
37TSCOTRACTOR SUPPLY COhistory →COM1.35%$8M33.7K
38DUTMOODYS CORPhistory →COM1.33%$8M22.9K
39TXNTEXAS INSTRS INChistory →COM1.32%$8M41.7K
40HONGBPHONEYWELL INTL INChistory →COM1.31%$8M39.2K
41EWEDWARDS LIFESCIENCES CORPhistory →COM1.28%$7M63.2K
42KEYSKEYSIGHT TECHNOLOGIES INChistory →COM1.26%$7M46.2K
43SCISERVICE CORP INTLhistory →COM1.23%$7M108.2K
44ECLECOLAB INChistory →COM1.22%$7M40.1K
45FOXFFOX FACTORY HLDG CORPhistory →COM1.21%$7M72.0K
46BRBROADRIDGE FINL SOLUTIONS INhistory →COM1.21%$7M45.1K
47COSTCOSTCO WHSL CORP NEWhistory →COM1.20%$7M12.1K
48AXPAMERICAN EXPRESS COhistory →COM1.18%$7M36.8K
49ELLAUDER ESTEE COS INChistory →CL A1.17%$7M25.0K
50PEPPEPSICO INChistory →COM1.16%$7M40.1K

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 ↗.