Magellan Asset Management Ltd - Q2 2024 holdings

$10.5 Billion is the total value of Magellan Asset Management Ltd's 154 reported holdings in Q2 2024. The portfolio turnover from Q1 2024 to Q2 2024 was 1.9% .

 Value Shares↓ Weighting
MSFT SellMICROSOFT CORP$780,115,469
-1.0%
1,745,420
-6.8%
7.43%
-1.4%
AMZN SellAMAZON COM INC$749,159,134
+0.8%
3,876,632
-5.9%
7.13%
+0.5%
ICE SellINTERCONTINENTAL EXCHANGE IN$500,765,796
-3.8%
3,658,162
-3.5%
4.77%
-4.2%
UNH BuyUNITEDHEALTH GROUP INC$453,891,725
+3.9%
891,277
+1.0%
4.32%
+3.6%
FB BuyMETA PLATFORMS INCcl a$429,092,228
+12.5%
851,002
+8.4%
4.08%
+12.2%
NFLX BuyNETFLIX INC$384,201,085
+28.5%
569,288
+15.7%
3.66%
+28.1%
V SellVISA INC$371,445,969
-8.1%
1,415,194
-2.3%
3.54%
-8.4%
AAPL BuyAPPLE INC$368,726,747
+43.7%
1,750,673
+17.0%
3.51%
+43.2%
MA SellMASTERCARD INCORPORATEDcl a$360,890,497
-10.7%
818,049
-2.5%
3.44%
-11.0%
INTU SellINTUIT$347,020,681
+1.1%
528,021
-0.0%
3.30%
+0.8%
CL SellCOLGATE PALMOLIVE CO$318,840,932
+2.4%
3,285,665
-4.9%
3.04%
+2.1%
TT SellTRANE TECHNOLOGIES PLC$305,997,329
-3.3%
930,281
-11.7%
2.91%
-3.6%
ES BuyEVERSOURCE ENERGY$300,770,388
+29.0%
5,303,657
+36.0%
2.86%
+28.6%
YUM SellYUM BRANDS INC$285,842,454
-17.9%
2,157,953
-14.0%
2.72%
-18.1%
NVO NewNOVO-NORDISK A Sadr$271,674,1871,903,280
+100.0%
2.59%
HCA SellHCA HEALTHCARE INC$264,740,824
-7.4%
824,019
-3.8%
2.52%
-7.7%
SYK SellSTRYKER CORPORATION$258,830,897
-8.7%
760,708
-4.0%
2.46%
-9.0%
AMT BuyAMERICAN TOWER CORP NEW$257,520,261
+2.9%
1,324,829
+4.6%
2.45%
+2.6%
CMG BuyCHIPOTLE MEXICAN GRILL INC$256,918,816
-35.3%
4,100,859
+2901.4%
2.45%
-35.5%
D SellDOMINION ENERGY INC$219,894,115
-7.8%
4,487,635
-7.5%
2.09%
-8.1%
SRE SellSEMPRA$218,226,712
-7.8%
2,869,139
-13.0%
2.08%
-8.1%
GOOG SellALPHABET INCcap stk cl c$206,822,008
-4.8%
1,127,587
-20.9%
1.97%
-5.1%
NSC BuyNORFOLK SOUTHN CORP$206,645,351
-2.4%
962,529
+15.9%
1.97%
-2.7%
RSG SellREPUBLIC SVCS INC$186,823,123
-2.4%
961,321
-3.8%
1.78%
-2.7%
WEC SellWEC ENERGY GROUP INC$186,547,045
-39.9%
2,377,607
-37.1%
1.78%
-40.1%
XEL BuyXCEL ENERGY INC$184,649,266
+14.7%
3,457,204
+15.5%
1.76%
+14.4%
GOOGL SellALPHABET INCcap stk cl a$168,002,956
+16.1%
922,333
-3.8%
1.60%
+15.7%
CSX BuyCSX CORP$162,348,939
-2.4%
4,853,481
+8.1%
1.55%
-2.7%
LOW SellLOWES COS INC$150,598,651
-26.0%
683,111
-14.5%
1.43%
-26.2%
CCI BuyCROWN CASTLE INC$128,037,316
+8.0%
1,310,515
+17.0%
1.22%
+7.7%
BKNG BuyBOOKING HOLDINGS INC$103,716,032
+13.8%
26,181
+4.2%
0.99%
+13.4%
AWK BuyAMERICAN WTR WKS CO INC NEW$96,276,897
+5.7%
745,408
+0.0%
0.92%
+5.4%
CMS SellCMS ENERGY CORP$92,163,155
-30.2%
1,548,180
-29.3%
0.88%
-30.5%
LNT SellALLIANT ENERGY CORP$89,033,567
-29.7%
1,749,186
-30.4%
0.85%
-29.9%
MCD SellMCDONALDS CORP$79,615,329
-38.1%
312,413
-31.5%
0.76%
-38.3%
TSM BuyTAIWAN SEMICONDUCTOR MFG LTDsponsored ads$68,028,017
+46.2%
391,393
+14.4%
0.65%
+45.6%
DG BuyDOLLAR GEN CORP NEW$46,284,202
+20.3%
350,028
+42.0%
0.44%
+19.8%
BRKB  BERKSHIRE HATHAWAY INC DELcl b new$41,685,610
-3.3%
102,4720.0%0.40%
-3.6%
USB BuyUS BANCORP DEL$38,707,143
+37.9%
974,991
+55.3%
0.37%
+37.3%
ULTA BuyULTA BEAUTY INC$35,309,034
+100.3%
91,505
+171.4%
0.34%
+100.0%
SO SellSOUTHERN CO$33,382,637
+3.9%
430,355
-3.9%
0.32%
+3.6%
AEP BuyAMERICAN ELEC PWR CO INC$33,366,732
+4.3%
380,291
+2.3%
0.32%
+3.9%
DUK SellDUKE ENERGY CORP NEW$32,946,102
+3.3%
328,705
-0.3%
0.31%
+3.0%
EXC BuyEXELON CORP$31,927,102
+2.9%
922,482
+11.7%
0.30%
+2.7%
PEG BuyPUBLIC SVC ENTERPRISE GRP IN$31,772,512
+11.5%
431,106
+1.0%
0.30%
+11.0%
NEE BuyNEXTERA ENERGY INC$31,565,823
+82081.3%
445,782
+74073.4%
0.30%
ED BuyCONSOLIDATED EDISON INC$28,712,494
+6.7%
321,097
+8.4%
0.27%
+6.2%
CRM BuySALESFORCE INC$26,385,659
+1.5%
102,628
+18.9%
0.25%
+1.2%
DTE BuyDTE ENERGY CO$20,124,892
+2.6%
181,289
+3.7%
0.19%
+2.7%
ETR BuyENTERGY CORP NEW$20,149,277
+3.9%
188,311
+2.6%
0.19%
+3.8%
SBAC BuySBA COMMUNICATIONS CORP NEWcl a$19,802,548
-0.9%
100,879
+9.4%
0.19%
-1.0%
FE BuyFIRSTENERGY CORP$19,474,685
+6.1%
508,876
+7.0%
0.18%
+5.7%
PPL BuyPPL CORP$17,713,088
+1.7%
640,618
+1.3%
0.17%
+1.8%
CNP BuyCENTERPOINT ENERGY INC$17,332,938
+14.0%
559,488
+4.9%
0.16%
+13.8%
AEE BuyAMEREN CORP$17,376,653
+5.9%
244,363
+10.2%
0.16%
+5.1%
ATO BuyATMOS ENERGY CORP$16,441,701
+9.7%
140,949
+11.8%
0.16%
+9.8%
NI BuyNISOURCE INC$12,019,532
+14.7%
417,200
+10.1%
0.11%
+14.0%
EVRG BuyEVERGY INC$10,702,694
+2.7%
202,052
+3.5%
0.10%
+2.0%
WTRG BuyESSENTIAL UTILS INC$9,234,583
+11.2%
247,377
+10.3%
0.09%
+11.4%
MDLZ SellMONDELEZ INTL INCcl a$7,635,539
-14.6%
116,680
-8.6%
0.07%
-14.1%
PNW BuyPINNACLE WEST CAP CORP$7,680,926
+7.6%
100,562
+5.3%
0.07%
+7.4%
KO SellCOCA COLA CO$7,107,223
+1.8%
111,661
-2.2%
0.07%
+1.5%
OGE BuyOGE ENERGY CORP$6,803,420
+16.2%
190,572
+11.7%
0.06%
+16.1%
AGR SellAVANGRID INC$5,669,096
-6.8%
159,558
-4.4%
0.05%
-6.9%
IDA BuyIDACORP INC$4,346,100
+9.5%
46,657
+9.2%
0.04%
+7.9%
AXP SellAMERICAN EXPRESS CO$4,086,394
+0.8%
17,648
-0.9%
0.04%0.0%
POR BuyPORTLAND GEN ELEC CO$3,819,908
+19.2%
88,342
+15.8%
0.04%
+16.1%
PG SellPROCTER AND GAMBLE CO$3,557,984
+0.0%
21,574
-1.6%
0.03%0.0%
ALE BuyALLETE INC$3,220,939
+19.6%
51,659
+14.4%
0.03%
+19.2%
BKH BuyBLACK HILLS CORP$3,291,567
+12.1%
60,529
+12.6%
0.03%
+10.7%
OGS BuyONE GAS INC$3,291,659
+16.5%
51,553
+17.7%
0.03%
+14.8%
SBUX BuySTARBUCKS CORP$2,747,482
-5.1%
35,292
+11.3%
0.03%
-7.1%
NWE BuyNORTHWESTERN ENERGY GROUP IN$2,658,497
+19.4%
53,085
+21.4%
0.02%
+19.0%
SR BuySPIRE INC$2,645,399
+18.4%
43,560
+19.6%
0.02%
+19.0%
PNM BuyPNM RES INC$2,513,650
+14.0%
68,010
+16.1%
0.02%
+14.3%
FISV  FISERV INC$2,559,762
-6.7%
17,1750.0%0.02%
-7.7%
MGEE BuyMGE ENERGY INC$2,169,047
+4.6%
29,029
+10.2%
0.02%
+5.0%
CWT BuyCALIFORNIA WTR SVC GROUP$2,190,245
+27.8%
45,169
+22.5%
0.02%
+31.2%
AWR BuyAMER STATES WTR CO$2,001,771
+1.6%
27,584
+1.1%
0.02%0.0%
AVA BuyAVISTA CORP$1,965,156
+19.0%
56,780
+20.4%
0.02%
+18.8%
ESGD SellISHARES TResg aw msci eafe$1,335,163
-50.6%
16,948
-49.8%
0.01%
-50.0%
CPK BuyCHESAPEAKE UTILS CORP$1,377,733
+25.6%
12,973
+26.9%
0.01%
+30.0%
SJW BuySJW GROUP$1,356,368
+11.6%
25,016
+16.5%
0.01%
+8.3%
NWN BuyNORTHWEST NAT HLDG CO$1,029,929
+21.4%
28,522
+25.2%
0.01%
+25.0%
MSEX BuyMIDDLESEX WTR CO$919,776
+17.6%
17,600
+18.1%
0.01%
+28.6%
HD BuyHOME DEPOT INC$962,839
-0.3%
2,797
+11.1%
0.01%0.0%
LLY SellELI LILLY & CO$890,894
-0.4%
984
-14.4%
0.01%
-11.1%
COST SellCOSTCO WHSL CORP NEW$707,192
-9.4%
832
-22.0%
0.01%0.0%
ADBE BuyADOBE INC$759,423
+36.6%
1,367
+24.0%
0.01%
+40.0%
PEP SellPEPSICO INC$644,546
-15.1%
3,908
-9.9%
0.01%
-14.3%
SPGI BuyS&P GLOBAL INC$586,044
+30.9%
1,314
+24.9%
0.01%
+50.0%
CME BuyCME GROUP INC$393,003
+7.0%
1,999
+17.2%
0.00%0.0%
ECL BuyECOLAB INC$268,226
+25.4%
1,127
+21.7%
0.00%
+50.0%
BLK BuyBLACKROCK INC$309,417
+13.8%
393
+20.6%
0.00%0.0%
MCO BuyMOODYS CORP$356,949
+34.7%
848
+25.8%
0.00%0.0%
ISRG BuyINTUITIVE SURGICAL INC$339,865
+33.7%
764
+19.9%
0.00%
+50.0%
ADSK BuyAUTODESK INC$245,965
+17.3%
994
+23.5%
0.00%0.0%
HLT BuyHILTON WORLDWIDE HLDGS INC$174,124
+16.1%
798
+13.5%
0.00%
+100.0%
MSCI BuyMSCI INC$202,817
+7.7%
421
+25.3%
0.00%0.0%
MAR BuyMARRIOTT INTL INC NEWcl a$220,011
+13.2%
910
+18.2%
0.00%0.0%
NKE SellNIKE INCcl b$228,446
-55.1%
3,031
-44.0%
0.00%
-60.0%
SCHW BuySCHWAB CHARLES CORP$231,387
+27.3%
3,140
+25.0%
0.00%0.0%
SHOP BuySHOPIFY INCcl a$253,830
+9.8%
3,843
+28.3%
0.00%0.0%
UNP BuyUNION PAC CORP$247,302
+11.6%
1,093
+21.3%
0.00%0.0%
WMT SellWALMART INC$250,798
-6.1%
3,704
-16.5%
0.00%
-33.3%
ZTS BuyZOETIS INCcl a$175,440
+25.5%
1,012
+22.5%
0.00%
+100.0%
ALC BuyALCON AG$98,166
+8.4%
1,102
+1.4%
0.00%0.0%
TSCO SellTRACTOR SUPPLY CO$62,100
+2.3%
230
-0.9%
0.00%0.0%
EL SellLAUDER ESTEE COS INCcl a$55,541
-61.9%
522
-44.8%
0.00%0.0%
AON BuyAON PLC$144,441
+29.2%
492
+46.9%
0.00%0.0%
DE BuyDEERE & CO$146,089
+15.1%
391
+26.5%
0.00%0.0%
WM  WASTE MGMT INC DEL$142,724
+0.1%
6690.0%0.00%0.0%
COF SellCAPITAL ONE FINL CORP$58,703
-99.7%
424
-99.7%
0.00%
-99.5%
ADP BuyAUTOMATIC DATA PROCESSING IN$66,117
+10.3%
277
+15.4%
0.00%0.0%
ROK SellROCKWELL AUTOMATION INC$63,039
-19.3%
229
-14.6%
0.00%0.0%
VRSK BuyVERISK ANALYTICS INC$128,306
+21.2%
476
+6.0%
0.00%0.0%
CGNX  COGNEX CORP$2,291
+10.2%
490.0%0.00%
CARR  CARRIER GLOBAL CORPORATION$15,581
+8.5%
2470.0%0.00%
CSL  CARLISLE COS INC$6,078
+3.4%
150.0%0.00%
SNPS  SYNOPSYS INC$26,778
+4.1%
450.0%0.00%
TSLA BuyTESLA INC$40,170
+32.1%
203
+17.3%
0.00%
TXN SellTEXAS INSTRS INC$36,572
+0.9%
188
-9.6%
0.00%
CDNS  CADENCE DESIGN SYSTEM INC$24,620
-1.1%
800.0%0.00%
BEPC  BROOKFIELD RENEWABLE CORPcl a sub vtg$1,078
+15.4%
380.0%0.00%
NXPI BuyNXP SEMICONDUCTORS N V$20,451
+11.5%
76
+2.7%
0.00%
VRSN  VERISIGN INC$10,668
-6.2%
600.0%0.00%
AYI  ACUITY BRANDS INC$2,173
-10.2%
90.0%0.00%
ANSS  ANSYS INC$8,359
-7.4%
260.0%0.00%
WAB  WABTEC$8,219
+8.5%
520.0%0.00%
WCN  WASTE CONNECTIONS INC$13,327
+1.9%
760.0%0.00%
WWD  WOODWARD INC$3,139
+13.2%
180.0%0.00%
ADI  ANALOG DEVICES INC$33,326
+15.4%
1460.0%0.00%
APH BuyAMPHENOL CORP NEWcl a$23,580
+16.8%
350
+100.0%
0.00%
YUMC  YUM CHINA HLDGS INC$21,465
-22.5%
6960.0%0.00%
POWI  POWER INTEGRATIONS INC$1,193
-1.9%
170.0%0.00%
IQV  IQVIA HLDGS INC$28,333
-16.4%
1340.0%0.00%
HUN  HUNTSMAN CORP$1,184
-12.6%
520.0%0.00%
HUBB  HUBBELL INC$5,848
-11.9%
160.0%0.00%
HON BuyHONEYWELL INTL INC$39,078
+8.2%
183
+4.0%
0.00%
HXL  HEXCEL CORP NEW$1,561
-14.3%
250.0%0.00%
EMR  EMERSON ELEC CO$18,287
-2.9%
1660.0%0.00%
TEL  TE CONNECTIVITY LTD$13,388
+3.6%
890.0%0.00%
SLAB  SILICON LABORATORIES INC$1,106
-23.0%
100.0%0.00%
SEDG  SOLAREDGE TECHNOLOGIES INC$404
-64.4%
160.0%0.00%
LFUS  LITTELFUSE INC$1,789
+5.5%
70.0%0.00%
LII  LENNOX INTL INC$4,815
+9.5%
90.0%0.00%
ETN SellEATON CORP PLC$34,177
-8.1%
109
-8.4%
0.00%
JCI  JOHNSON CTLS INTL PLC$13,493
+1.8%
2030.0%0.00%
APTV  APTIV PLC$5,634
-11.6%
800.0%0.00%
ST  SENSATA TECHNOLOGIES HLDG PL$1,683
+1.8%
450.0%0.00%
APD  AIR PRODS & CHEMS INC$17,031
+6.5%
660.0%0.00%
PH  PARKER-HANNIFIN CORP$19,221
-9.0%
380.0%0.00%
PPG  PPG INDS INC$8,686
-13.1%
690.0%0.00%
ON  ON SEMICONDUCTOR CORP$8,706
-6.8%
1270.0%0.00%
NOW ExitSERVICENOW INC$0-145
-100.0%
-0.00%
BABA ExitALIBABA GROUP HLDG LTDsponsored ads$0-376,975
-100.0%
-0.26%
Original filings

The following EDGAR filing(s) were analyzed to create this report:

  • View 13F-HR filed 2024-08-13
Signatures

The EDGAR filing(s) were signed by:

About Magellan Asset Management Ltd

Magellan Asset Management Ltd is a leading Australian-based global investment management company. Founded in 2006 by Hamish Douglass and Chris Mackay, the company has grown to become one of the largest asset managers in Australia, with over AUD 100 billion in assets under management as of 2021.

The company's investment philosophy is centered around investing in high-quality companies with sustainable competitive advantages, strong cash flows, and attractive valuations. Magellan's investment team is led by Hamish Douglass, who serves as the company's CEO and Chief Investment Officer. Douglass is widely regarded as one of Australia's most successful investors, having delivered strong returns for Magellan's investors over the years.

Magellan's investment strategies include global equities, infrastructure, and global listed infrastructure. The company's flagship fund, the Magellan Global Fund, has consistently outperformed its benchmark since its inception in 2007. The fund invests in a concentrated portfolio of high-quality global companies, with a focus on the technology, consumer, and healthcare sectors.

Magellan's success can be attributed to its disciplined investment approach, rigorous research process, and experienced investment team. The company's management team, which includes COO Brett Cairns and Head of Distribution Frank Casarotti, is committed to delivering strong investment outcomes for its clients.

Overall, Magellan Asset Management Ltd is a well-respected investment management company with a strong track record of delivering superior investment returns.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.

Top long-term holdings
NameQuarters ownedLatest quarter ownedMax weighting
MICROSOFT CORPORATIOB45Q2 202412.6%
VISA INC45Q2 20247.7%
YUM BRANDS INC45Q2 20248.0%
MASTERCARD INCORPORATED45Q2 20246.2%
XCEL ENERGY INC45Q2 20246.3%
CMS ENERGY CORPORATION45Q2 20241.9%
THE SOUTHERN CO45Q2 20240.3%
DUKE ENERGY CORP NEW45Q2 20240.3%
CONSOLIDATED EDISON INC45Q2 20240.3%
NISOURCE INC45Q2 20240.1%

View Magellan Asset Management Ltd's complete holdings history.

Latest significant ownerships (13-D/G)
Magellan Asset Management Ltd Q2 2024 significant holdings filed using form 13D/G when ownership exceeds 5% of a company's total stock issue.
FiledShares Percentage
YUM BRANDS INCFebruary 15, 20234,210,9961.5%
EVERSOURCE ENERGYFebruary 11, 202216,906,3224.9%
WEC ENERGY GROUP, INC.February 11, 202215,185,7274.8%
XCEL ENERGY INCFebruary 11, 202222,451,9884.2%

View Magellan Asset Management Ltd's complete significant-ownership history.

Latest filings
TypeFiled
N-PX2024-08-22
13F-HR2024-08-13
13F-HR2024-05-14
13F-HR2024-02-13
13F-HR2023-11-13
13F-HR2023-08-11
13F-HR2023-05-12
SC 13G2023-02-15
13F-HR2023-02-13
13F-HR2022-11-10

View Magellan Asset Management Ltd's complete filings history.

Compare quarters

Export Magellan Asset Management Ltd's holdings