SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Bell Asset Management Ltd

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

Reported Value
$682M
Q1 2024
Positions
61
Filings on Record
30
2019–present window
Filed
May 14, 2024
original filing

Summary

Bell Asset Management Ltd reported $682M in U.S.-listed holdings across 61 positions for Q1 2024.

Its largest position, GOOGL, represents 7.0% of the portfolio.

Compared with Q4 2023, the fund opened 0 new positions and exited 3.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+33.0%
share of reported value
Largest Position
+7.0%
Alphabet

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: 94.3%Other: 5.7%
  • Common Stock · 94.3% · $644M
  • Other · 5.7% · $39M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TXNTEXAS INSTRS INCSOLD OUT−58.9K0−$10M$0
HSYHERSHEY COSOLD OUT−24.5K0−$5M$0
MASI*MASIMO CORPSOLD OUT−19.4K0−$2M$0
SBUXSTARBUCKS CORPADDED+80.0K161.8K+$7M$15M
NKENIKE INCADDED+63.7K145.0K+$5M$14M
AXPAMERICAN EXPRESS COTRIMMED−19.2K41.5K−$2M$9M
ADBEADOBE INCADDED+3.6K14.9K+$761,813$8M
PCTYPAYLOCITY HLDG CORPADDED+17.5K73.2K+$3M$13M

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

Holdings — Q1 2024

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INChistory →CAP STK CL A7.04%$48M318.1K
2MSFTMICROSOFT CORPhistory →COM6.67%$45M108.1K
3UNHUNITEDHEALTH GROUP INChistory →COM3.85%$26M53.0K
4PEPPEPSICO INChistory →COM2.53%$17M98.7K
5JNJJOHNSON & JOHNSONhistory →COM2.46%$17M105.9K
6AON PLCSHS CL A2.32%$16M47.5K
7SBUXSTARBUCKS CORPhistory →COM2.17%$15M161.8K
8FISVFISERV INChistory →COM2.03%$14M86.5K
9NKENIKE INChistory →CL B2.00%$14M145.0K
10HCAHCA HEALTHCARE INChistory →COM1.93%$13M39.5K
11PCTYPAYLOCITY HLDG CORPhistory →COM1.84%$13M73.2K
12BJBJS WHSL CLUB HLDGS INChistory →COM1.83%$12M165.2K
13CSCOCISCO SYS INChistory →COM1.79%$12M244.6K
14EWEDWARDS LIFESCIENCES CORPhistory →COM1.78%$12M127.3K
15KRKROGER COhistory →COM1.78%$12M212.2K
16TSCOTRACTOR SUPPLY COhistory →COM1.72%$12M44.9K
17ACCENTURE PLC IRELANDSHS CLASS A1.67%$11M33.0K
18KEYSKEYSIGHT TECHNOLOGIES INChistory →COM1.66%$11M72.5K
19GENPACT LIMITEDSHS1.66%$11M343.4K
20VVISA INChistory →COM CL A1.65%$11M40.2K
21MAMASTERCARD INCORPORATEDhistory →CL A1.61%$11M22.8K
22ORCLORACLE CORPhistory →COM1.60%$11M87.1K
23ELLAUDER ESTEE COS INChistory →CL A1.59%$11M70.2K
24MTDMETTLER TOLEDO INTERNATIONALhistory →COM1.56%$11M8.0K
25CHARLES RIV LABS INTL INCCOM1.54%$10M38.7K
26MRSHMARSH & MCLENNAN COS INChistory →COM1.52%$10M50.4K
27ZTSZOETIS INChistory →CL A1.50%$10M60.6K
28KOCOCA COLA COhistory →COM1.50%$10M167.3K
29HUMHUMANA INChistory →COM1.48%$10M29.2K
30ABGCENCORA INChistory →COM1.46%$10M40.9K
31AXPAMERICAN EXPRESS COhistory →COM1.39%$9M41.5K
32MSIMOTOROLA SOLUTIONS INChistory →COM NEW1.37%$9M26.4K
33TTCTORO COhistory →COM1.37%$9M101.7K
34ZBRAZEBRA TECHNOLOGIES CORPORATIhistory →CL A1.36%$9M30.7K
35ADPAUTOMATIC DATA PROCESSING INhistory →COM1.35%$9M36.8K
36WMSADVANCED DRAIN SYS INC DELhistory →COM1.32%$9M52.3K
37TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.30%$9M15.2K
38HDHOME DEPOT INChistory →COM1.29%$9M22.9K
39POOLPOOL CORPhistory →COM1.27%$9M21.5K
40AMZNAMAZON COM INChistory →COM1.25%$9M47.4K
41JKHYHENRY JACK & ASSOC INChistory →COM1.23%$8M48.4K
42SCISERVICE CORP INTLhistory →COM1.21%$8M111.7K
43BRBROADRIDGE FINL SOLUTIONS INhistory →COM1.19%$8M39.7K
44HLIHOULIHAN LOKEY INChistory →CL A1.14%$8M60.6K
45AG8AGILENT TECHNOLOGIES INChistory →COM1.11%$8M51.8K
46ADBEADOBE INChistory →COM1.10%$8M14.9K
47SPGIS&P GLOBAL INChistory →COM1.09%$7M17.5K
48CTSHCOGNIZANT TECHNOLOGY SOLUTIOhistory →CL A1.09%$7M101.3K
49COSTCOSTCO WHSL CORP NEWhistory →COM1.07%$7M10.0K
50MSCIMSCI INChistory →COM1.07%$7M13.0K

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 ↗.