Magellan Asset Management Ltd 13F annual report
Magellan Asset Management Ltd is an investment fund managing more than $14.3 billion ran by Marcia Venegas. There are currently 118 companies in Mrs. Venegas’s portfolio. The largest investments include Microsoft and Visa Inc, together worth $2.23 billion.
$14.3 billion Assets Under Management (AUM)
As of 3rd November 2022, Magellan Asset Management Ltd’s top holding is 5,421,479 shares of Microsoft currently worth over $1.26 billion and making up 8.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Magellan Asset Management Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 5,457,418 shares of Visa Inc worth $970 million, whose value grew 0.2% in the past six months.
The third-largest holding is Mastercard worth $810 million and the next is Intercontinental Exchange In worth $743 million, with 8,220,930 shares owned.
Currently, Magellan Asset Management Ltd's portfolio is worth at least $14.3 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Magellan Asset Management Ltd
The Magellan Asset Management Ltd office and employees reside in Sydney, Australia. According to the last 13-F report filed with the SEC, Marcia Venegas serves as the Chief Compliance Officer at Magellan Asset Management Ltd.
Recent trades
In the most recent 13F filing, Magellan Asset Management Ltd revealed that it had opened a new position in
Public Svc Enterprise Grp In and bought 381,501 shares worth $21.5 million.
The investment fund also strengthened its position in Alphabet Inc by buying
7,969,854 additional shares.
This makes their stake in Alphabet Inc total 9,018,894 shares worth $866 million.
Alphabet Inc dropped 40.1% in the past year.
On the other hand, there are companies that Magellan Asset Management Ltd is getting rid of from its portfolio.
Magellan Asset Management Ltd closed its position in Yum China Inc on 10th November 2022.
It sold the previously owned 7,372 shares for $367 thousand.
Marcia Venegas also disclosed a decreased stake in Microsoft by 0.6%.
This leaves the value of the investment at $1.26 billion and 5,421,479 shares.
One of the largest hedge funds
The two most similar investment funds to Magellan Asset Management Ltd are Advent International Corp/ma and Advisor. They manage $14.3 billion and $14.3 billion respectively.
Marcia Venegas investment strategy
Magellan Asset Management Ltd’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 18.9% of
the total portfolio value.
The fund focuses on investments in the United States as
61.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
53% of the total holdings value.
On the other hand, small-cap stocks make up only 0.8% of the portfolio.
The average market cap of the portfolio companies is close to $154 billion.
The complete list of Magellan Asset Management Ltd trades based on 13F SEC filings
These positions were updated on November 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
55.86%
5,421,479
|
$1,262,662,000 | 8.83% |
| Visa Inc |
46.28%
5,457,418
|
$969,510,000 | 6.78% |
| Mastercard Incorporated |
39.77%
2,849,272
|
$810,162,000 | 5.66% |
| Intercontinental Exchange In |
40.57%
8,220,930
|
$742,761,000 | 5.19% |
| Yum Brands Inc. |
54.83%
6,970,796
|
$741,274,000 | 5.18% |
| Mcdonalds Corp |
41.28%
3,107,041
|
$716,919,000 | 5.01% |
| Alphabet Inc |
759.73%
9,018,894
|
$866,080,000 | 6.05% |
| Crown Castle Inc |
60.13%
3,959,946
|
$572,410,000 | 4.00% |
| Lowes Cos Inc |
11,653.44%
3,003,591
|
$564,104,000 | 3.94% |
| Amazon.com Inc. |
1,105.26%
4,828,764
|
$545,650,000 | 3.81% |
| Eversource Energy |
59.34%
6,874,251
|
$535,917,000 | 3.75% |
| Xcel Energy Inc. |
64.01%
8,081,144
|
$517,193,000 | 3.61% |
| WEC Energy Group Inc |
62.11%
5,753,994
|
$514,580,000 | 3.60% |
| Chipotle Mexican Grill |
250,430.15%
340,721
|
$512,022,000 | 3.58% |
| Intuit Inc |
242,688.05%
1,279,493
|
$495,573,000 | 3.46% |
| Us Bancorp Del |
7,243.47%
10,797,915
|
$435,372,000 | 3.04% |
| HCA Healthcare Inc |
488,379.49%
2,120,001
|
$389,635,000 | 2.72% |
| Apple Inc |
164,282.80%
2,418,071
|
$334,177,000 | 2.34% |
| Sempra |
32.31%
2,068,776
|
$310,192,000 | 2.17% |
| Dominion Energy Inc |
5.16%
4,215,592
|
$291,340,000 | 2.04% |
| American Tower Corp. |
13.30%
1,297,218
|
$278,513,000 | 1.95% |
| Pepsico Inc |
85.57%
1,662,214
|
$271,373,000 | 1.90% |
| Norfolk Southn Corp |
3.35%
995,796
|
$208,769,000 | 1.46% |
| Evergy Inc |
27.73%
3,241,365
|
$192,537,000 | 1.35% |
| CMS Energy Corporation |
1,018.82%
3,207,373
|
$186,797,000 | 1.31% |
| CSX Corp. |
14.71%
6,164,041
|
$164,210,000 | 1.15% |
| Alliant Energy Corp. |
32.40%
1,969,008
|
$104,338,000 | 0.73% |
| American Wtr Wks Co Inc New |
15.49%
718,270
|
$93,490,000 | 0.65% |
| Netflix Inc. |
93.97%
254,690
|
$59,964,000 | 0.42% |
| Meta Platforms Inc |
93.40%
373,840
|
$50,723,000 | 0.35% |
| Union Pac Corp |
60.40%
249,016
|
$48,513,000 | 0.34% |
| Booking Holdings Inc |
586.90%
28,314
|
$46,526,000 | 0.33% |
| The Southern Co. |
34.06%
374,657
|
$25,477,000 | 0.18% |
| Alibaba Group Hldg Ltd |
97.15%
309,434
|
$24,752,000 | 0.17% |
| American Elec Pwr Co Inc |
32.62%
284,817
|
$24,622,000 | 0.17% |
| Duke Energy Corp. |
26.09%
263,996
|
$24,557,000 | 0.17% |
| Salesforce Inc |
7,885.36%
164,738
|
$23,696,000 | 0.17% |
| SBA Communications Corp |
17.62%
83,046
|
$23,639,000 | 0.17% |
| Consolidated Edison, Inc. |
22.28%
268,606
|
$23,036,000 | 0.16% |
| Public Svc Enterprise Grp In |
Opened
381,501
|
$21,452,000 | 0.15% |
| Berkshire Hathaway Inc. |
7,090.11%
78,516
|
$20,965,000 | 0.15% |
| PayPal Holdings Inc |
13,542.97%
223,199
|
$19,211,000 | 0.13% |
| DTE Energy Co. |
22.85%
145,201
|
$16,705,000 | 0.12% |
| Ameren Corp. |
20.49%
197,048
|
$15,872,000 | 0.11% |
| Firstenergy Corp. |
20.66%
420,442
|
$15,556,000 | 0.11% |
| Entergy Corp. |
22.95%
151,786
|
$15,274,000 | 0.11% |
| Taiwan Semiconductor Mfg Ltd |
1,470.79%
207,061
|
$14,196,000 | 0.10% |
| Centerpoint Energy Inc. |
19.88%
484,787
|
$13,661,000 | 0.10% |
| PPL Corp |
27.53%
532,844
|
$13,508,000 | 0.09% |
| Walmart Inc |
109.59%
97,530
|
$12,650,000 | 0.09% |
| Capital One Finl Corp |
Opened
136,671
|
$12,597,000 | 0.09% |
| Atmos Energy Corp. |
95.12%
108,984
|
$11,100,000 | 0.08% |
| Procter And Gamble Co |
99.25%
69,997
|
$8,837,000 | 0.06% |
| Essential Utils Inc |
17.95%
191,739
|
$7,934,000 | 0.06% |
| NiSource Inc |
20.52%
305,643
|
$7,699,000 | 0.05% |
| Avangrid Inc |
37.42%
175,715
|
$7,327,000 | 0.05% |
| Oge Energy Corp. |
Opened
152,753
|
$5,569,000 | 0.04% |
| Pinnacle West Cap Corp |
27.91%
80,783
|
$5,211,000 | 0.04% |
| Black Hills Corporation |
3.52%
54,196
|
$3,671,000 | 0.03% |
| Idacorp, Inc. |
21.09%
35,211
|
$3,486,000 | 0.02% |
| Mondelez International Inc. |
28.33%
61,721
|
$3,384,000 | 0.02% |
| Starbucks Corp. |
99.80%
37,224
|
$3,136,000 | 0.02% |
| South Jersey Inds Inc |
7.80%
89,588
|
$2,994,000 | 0.02% |
| Colgate-Palmolive Co. |
38.82%
42,129
|
$2,960,000 | 0.02% |
| Pnm Res Inc |
17.01%
60,948
|
$2,787,000 | 0.02% |
| ONE Gas Inc |
18.56%
38,891
|
$2,738,000 | 0.02% |
| Spire Inc. |
12.78%
41,516
|
$2,588,000 | 0.02% |
| Ishares Tr |
2.50%
82,752
|
$5,371,000 | 0.04% |
| Portland Gen Elec Co |
35.47%
53,455
|
$2,323,000 | 0.02% |
| California Wtr Svc Group |
15.30%
41,723
|
$2,198,000 | 0.02% |
| Allete, Inc. |
13.27%
40,498
|
$2,027,000 | 0.01% |
| Amer States Wtr Co |
30.22%
25,249
|
$1,968,000 | 0.01% |
| Northwestern Corp. |
16.76%
39,399
|
$1,942,000 | 0.01% |
| MGE Energy, Inc. |
29.66%
24,003
|
$1,575,000 | 0.01% |
| Avista Corp. |
42.36%
39,201
|
$1,452,000 | 0.01% |
| SJW Group |
14.25%
25,110
|
$1,446,000 | 0.01% |
| Chesapeake Utils Corp |
20.72%
12,242
|
$1,413,000 | 0.01% |
| Middlesex Wtr Co |
Opened
15,536
|
$1,199,000 | 0.01% |
| Northwest Nat Hldg Co |
2.09%
21,508
|
$933,000 | 0.01% |
| Sp Global Inc |
128.62%
1,390
|
$424,000 | 0.00% |
| Moodys Corp |
54.90%
1,724
|
$419,000 | 0.00% |
| Rockwell Automation Inc |
64.95%
1,831
|
$394,000 | 0.00% |
| Adobe Systems Incorporated |
55.38%
1,344
|
$370,000 | 0.00% |
| Yum China Holdings Inc |
Closed
7,372
|
$367,000 | |
| CME Group Inc |
89.31%
1,951
|
$346,000 | 0.00% |
| MSCI Inc |
11.67%
727
|
$307,000 | 0.00% |
| Ecolab, Inc. |
77.31%
2,016
|
$291,000 | 0.00% |
| Costco Whsl Corp New |
7.26%
576
|
$272,000 | 0.00% |
| Nike, Inc. |
66.03%
3,216
|
$267,000 | 0.00% |
| Coca-Cola Co |
47.95%
4,707
|
$264,000 | 0.00% |
| Lauder Estee Cos Inc |
32.43%
1,221
|
$264,000 | 0.00% |
| Home Depot, Inc. |
76.07%
905
|
$250,000 | 0.00% |
| Deere Co |
11.98%
683
|
$228,000 | 0.00% |
| Sherwin-Williams Co. |
82.13%
1,060
|
$217,000 | 0.00% |
| Verisk Analytics Inc |
23.04%
1,259
|
$215,000 | 0.00% |
| Verisign Inc. |
Opened
1,171
|
$203,000 | 0.00% |
| Hilton Worldwide Holdings Inc |
35.79%
1,683
|
$203,000 | 0.00% |
| Intuitive Surgical Inc |
56.23%
1,078
|
$202,000 | 0.00% |
| Marsh Mclennan Cos Inc |
10.21%
1,337
|
$200,000 | 0.00% |
| Airbnb, Inc. |
63.69%
1,889
|
$198,000 | 0.00% |
| Autodesk Inc. |
33.05%
1,021
|
$191,000 | 0.00% |
| Illumina Inc |
855.67%
927
|
$177,000 | 0.00% |
| American Express Co. |
28.16%
1,258
|
$170,000 | 0.00% |
| Cboe Global Mkts Inc |
Closed
1,241
|
$162,000 | |
| Alcon Ag |
13.67%
2,722
|
$158,000 | 0.00% |
| Medtronic Plc |
15.69%
1,865
|
$151,000 | 0.00% |
| Stryker Corp. |
286.70%
727
|
$147,000 | 0.00% |
| Vail Resorts Inc. |
41.71%
471
|
$102,000 | 0.00% |
| Blackstone Inc |
5.17%
1,201
|
$101,000 | 0.00% |
| Automatic Data Processing In |
Opened
365
|
$83,000 | 0.00% |
| Marriott Intl Inc New |
Opened
589
|
$83,000 | 0.00% |
| Aon plc. |
42.67%
305
|
$82,000 | 0.00% |
| Accenture Plc Ireland |
18.94%
314
|
$81,000 | 0.00% |
| Brookfield Asset Mgmt Inc |
Opened
1,989
|
$81,000 | 0.00% |
| Disney Walt Co |
54.78%
818
|
$77,000 | 0.00% |
| Texas Instrs Inc |
40.55%
456
|
$71,000 | 0.00% |
| State Str Corp |
76.19%
962
|
$58,000 | 0.00% |
| Tjx Cos Inc New |
Opened
940
|
$58,000 | 0.00% |
| ServiceNow Inc |
Closed
84
|
$55,000 | |
| Fidelity Natl Information Sv |
Closed
363
|
$40,000 | |
| Blackrock Inc. |
Opened
67
|
$37,000 | 0.00% |
| Analog Devices Inc. |
82.52%
254
|
$35,000 | 0.00% |
| Oracle Corp. |
Closed
377
|
$33,000 | |
| Tencent Music Entmt Group |
Closed
4,032
|
$28,000 | |
| No transactions found | |||
| Showing first 500 out of 124 holdings | |||
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