SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Bell Asset Management Ltd

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

Reported Value
$374M
Q4 2025
Positions
59
Filings on Record
30
2019–present window
Filed
Feb 17, 2026
original filing

Summary

Bell Asset Management Ltd reported $374M in U.S.-listed holdings across 59 positions for Q4 2025.

Its largest position, NVDA, represents 8.3% of the portfolio.

Compared with Q3 2025, the fund opened 6 new positions and exited 10.

Portfolio Metrics

Turnover
+15.1%
vs prior filed quarter
Top-10 Concentration
+44.1%
share of reported value
Largest Position
+8.3%
Nvidia Corporation
New / Exited
6 / 10
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: 95.8%Other: 3.3%ADR: 0.9%
  • Common Stock · 95.8% · $358M
  • Other · 3.3% · $12M
  • ADR · 0.9% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JPMJPMORGAN CHASE & CO.NEW+26.0K26.0K+$8M$8M
NKENIKE INCNEW+72.3K72.3K+$5M$5M
GWWWW GRAINGER INCNEW+3.9K3.9K+$4M$4M
LPLALPL FINL HLDGS INCNEW+10.3K10.3K+$4M$4M
SFMSPROUTS FMRS MKT INCNEW+43.6K43.6K+$4M$4M
MCDMCDONALDS CORPNEW+10.6K10.6K+$3M$3M
NFLXNETFLIX INCADDED+29.8K34.4K−$2M$3M
ORCLORACLE CORPADDED+18.5K29.8K+$3M$6M

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

Holdings — Q4 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM8.27%$31M164.5K
2GOOGLALPHABET INChistory →CAP STK CL A6.82%$26M81.2K
3MSFTMICROSOFT CORPhistory →COM6.80%$25M52.4K
4AMZNAMAZON COM INChistory →COM5.15%$19M83.1K
5AAPLAPPLE INChistory →COM5.09%$19M69.8K
6AVGOBROADCOM INChistory →COM3.07%$12M33.1K
7METAMETA PLATFORMS INChistory →CL A2.53%$9M14.3K
8VVISA INChistory →COM CL A2.33%$9M24.7K
9JPMJPMORGAN CHASE & CO.history →COM2.25%$8M26.0K
10ACCENTURE PLC IRELANDSHS CLASS A1.75%$7M24.3K
11MAMASTERCARD INCORPORATEDhistory →CL A1.74%$7M11.3K
12MSIMOTOROLA SOLUTIONS INChistory →COM NEW1.65%$6M16.1K
13MRSHMARSH & MCLENNAN COS INChistory →COM1.61%$6M32.3K
14WMWASTE MGMT INC DELhistory →COM1.59%$6M27.0K
15PGPROCTER AND GAMBLE COhistory →COM1.57%$6M40.8K
16ORCLORACLE CORPhistory →COM1.56%$6M29.8K
17AON PLCSHS CL A1.51%$6M15.9K
18PCTYPAYLOCITY HLDG CORPhistory →COM1.51%$6M36.8K
19SPGIS&P GLOBAL INChistory →COM1.48%$6M10.6K
20UNHUNITEDHEALTH GROUP INChistory →COM1.46%$5M16.5K
21TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.36%$5M8.7K
22UBERUBER TECHNOLOGIES INChistory →COM1.32%$5M60.6K
23HDHOME DEPOT INChistory →COM1.28%$5M13.8K
24FBINFORTUNE BRANDS INNOVATIONS Ihistory →COM1.25%$5M92.7K
25BJBJS WHSL CLUB HLDGS INChistory →COM1.25%$5M51.5K
26NKENIKE INChistory →CL B1.23%$5M72.3K
27ZTSZOETIS INChistory →CL A1.19%$4M35.2K
28SNPSSYNOPSYS INChistory →COM1.17%$4M9.3K
29MSCIMSCI INChistory →COM1.17%$4M7.6K
30SCISERVICE CORP INTLhistory →COM1.17%$4M55.9K
31KEYSKEYSIGHT TECHNOLOGIES INChistory →COM1.16%$4M21.2K
32ODFLOLD DOMINION FREIGHT LINE INhistory →COM1.16%$4M27.3K
33VEEVVEEVA SYS INChistory →CL A COM1.11%$4M18.5K
34DC4DEXCOM INChistory →COM1.11%$4M62.2K
35BKNGBOOKING HOLDINGS INChistory →COM1.08%$4M751
36HLIHOULIHAN LOKEY INChistory →CL A1.07%$4M22.9K
37BRBROADRIDGE FINL SOLUTIONS INhistory →COM1.07%$4M17.8K
38TSCOTRACTOR SUPPLY COhistory →COM1.07%$4M79.6K
39GWWWW GRAINGER INChistory →COM1.07%$4M3.9K
40CNMCORE & MAIN INChistory →CL A1.06%$4M75.7K
41CLHCLEAN HARBORS INChistory →COM1.04%$4M16.5K
42MANHMANHATTAN ASSOCIATES INChistory →COM1.03%$4M22.2K
43POOLPOOL CORPhistory →COM1.03%$4M16.7K
44TERTERADYNE INChistory →COM1.02%$4M19.7K
45LPLALPL FINL HLDGS INCCOM0.98%$4M10.3K
46CPRTCOPART INCCOM0.95%$4M90.1K
47TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.95%$4M11.6K
48SFMSPROUTS FMRS MKT INCCOM0.94%$4M43.6K
49ABGCENCORA INCCOM0.92%$3M10.2K
50WMSADVANCED DRAIN SYS INC DELCOM0.91%$3M23.3K

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 ↗.