Latest Magellan Asset Management Ltd Stock Portfolio

Magellan Asset Management Ltd Performance:

2024 Q3: 7.59%YTD: 16.94%2023: 16.58%

Performance for 2024 Q3 is 7.59%, and YTD is 16.94%, and 2023 is 16.58%.

About Magellan Asset Management Ltd and 13F Hedge Fund Stock Holdings

Magellan Asset Management Ltd is a hedge fund based in Australia. On 21-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $25.2 Billions. In it's latest 13F Holdings report, Magellan Asset Management Ltd reported an equity portfolio of $10 Billions as of 30 Sep, 2024.

The top stock holdings of Magellan Asset Management Ltd are AMZN, MSFT, META. The fund has invested 6.6% of it's portfolio in AMAZON COM INC and 5.9% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off ISHARES TR (AGT), CAPITAL ONE FINL CORP (COF) and TESLA INC (TSLA) stocks. They significantly reduced their stock positions in US BANCORP DEL (USB), STARBUCKS CORP (SBUX) and MCDONALDS CORP (MCD). Magellan Asset Management Ltd opened new stock positions in ZIMMER BIOMET HOLDINGS INC (ZBH). The fund showed a lot of confidence in some stocks as they added substantially to DOLLAR GEN CORP NEW (DG), DEERE & CO (DE) and CROWN CASTLE INC (CCI).

Magellan Asset Management Ltd Annual Return Estimates Vs S&P 500

Our best estimate is that Magellan Asset Management Ltd made a return of 7.59% in the last quarter. In trailing 12 months, it's portfolio return was 30.66%.

New Buys

Ticker	$ Bought
zimmer biomet holdings inc	29,632,800

New stocks bought by Magellan Asset Management Ltd

Additions

Ticker	% Inc.
dollar gen corp new	67.33
deere & co	31.97
crown castle inc	28.45
novo-nordisk a s	26.72
chipotle mexican grill inc	23.51
csx corp	18.79
taiwan semiconductor mfg ltd	14.75
alphabet inc	10.52

Additions to existing portfolio by Magellan Asset Management Ltd

Reductions

Ticker	% Reduced
us bancorp del	-99.79
starbucks corp	-96.78
mcdonalds corp	-96.2
american express co	-55.35
coca cola co	-54.82
intercontinental exchange in	-37.77
hca healthcare inc	-36.77
unitedhealth group inc	-30.34

Magellan Asset Management Ltd reduced stake in above stock

Sold off

Ticker	$ Sold
ishares tr	-1,335,160
capital one finl corp	-58,703
amphenol corp new	-23,580
carrier global corporation	-15,581
johnson ctls intl plc	-13,493
tesla inc	-40,170
texas instrs inc	-36,572
honeywell intl inc	-39,078

Magellan Asset Management Ltd got rid off the above stocks

Sector Distribution

Magellan Asset Management Ltd has about 21.3% of it's holdings in Utilities sector.

Sector	%
Utilities	21.3
Consumer Cyclical	15.1
Technology	12.3
Communication Services	11.1
Financial Services	10.6
Healthcare	9
Industrials	8.6
Real Estate	4.4
Others	4
Consumer Defensive	3.5

Market Cap. Distribution

Magellan Asset Management Ltd has about 95.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	57.9
MEGA-CAP	37.6
UNALLOCATED	4

Stocks belong to which Index?

About 95.4% of the stocks held by Magellan Asset Management Ltd either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	95.4
Others	4.3

Top 5 Winners (%)		%
YUMC	yum china hldgs inc	38.3 %
MSEX	middlesex wtr co	24.8 %
HCA	hca healthcare inc	22.8 %
AEE	ameren corp	22.7 %
ETR	entergy corp new	22.6 %

Top 5 Winners ($)		$
ICE	intercontinental exchange in	81.3 M
UNH	unitedhealth group inc	65.4 M
ES	eversource energy	60.5 M
HCA	hca healthcare inc	60.3 M
META	meta platforms inc	52.3 M

Top 5 Losers (%)		%
DG	dollar gen corp new	-33.2 %
SCHW	schwab charles corp	-12.1 %
GOOG	alphabet inc	-8.8 %
GOOG	alphabet inc	-8.2 %
EL	lauder estee cos inc	-6.3 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-31.1 M
AMZN	amazon com inc	-27.9 M
DG	dollar gen corp new	-24.6 M
CMG	chipotle mexican grill inc	-18.6 M
INTU	intuit	-18.6 M

Magellan Asset Management Ltd Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Magellan Asset Management Ltd

Magellan Asset Management Ltd has 117 stocks in it's portfolio. About 41.2% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. ICE was the most profitable stock for Magellan Asset Management Ltd last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.06	1,319,340	307,406,000	reduced	-24.64

ADBE	adobe inc	0.01	1,243	643,601	reduced	-9.07

ADI	analog devices inc	0.00	0.00	0.00	sold off	-100

ADP	automatic data processing in	0.00	274	75,824	reduced	-1.08

ADSK	autodesk inc	0.00	875	241,045	reduced	-11.97

AEE	ameren corp	0.21	236,183	20,656,600	reduced	-3.35

AEP	american elec pwr co inc	0.35	343,289	35,221,500	reduced	-9.73

AGR	avangrid inc	0.05	147,871	5,292,300	reduced	-7.32

AGT	ishares tr	0.00	0.00	0.00	sold off	-100

ALE	allete inc	0.03	51,306	3,293,330	reduced	-0.68

AMT	american tower corp new	2.15	929,420	216,146,000	reduced	-29.85

AMZN	amazon com inc	6.58	3,545,440	660,622,000	reduced	-8.54

ANSS	ansys inc	0.00	0.00	0.00	sold off	-100

AON	aon plc	0.00	492	170,227	unchanged	0.00

APD	air prods & chems inc	0.00	0.00	0.00	sold off	-100

APH	amphenol corp new	0.00	0.00	0.00	sold off	-100

APTV	aptiv plc	0.00	0.00	0.00	sold off	-100

ATO	atmos energy corp	0.19	138,180	19,166,900	reduced	-1.96

AVA	avista corp	0.02	58,845	2,280,240	added	3.64

AWK	american wtr wks co inc new	0.92	631,455	92,344,000	reduced	-15.29