Magellan Asset Management Ltd
Sector Allocation
- Utilities50.6%$2.3B
- Technology13.6%$607.5M
- Real Estate10.3%$461.0M
- Financials7.8%$348.3M
- Consumer Discretionary5.9%$263.8M
- Industrials3.9%$174.1M
- Healthcare3.6%$160.8M
- Consumer Staples1.5%$68.6M
- Communication Services1.5%$66.5M
- Energy1.2%$52.5M
AUM History
13fpro.ai/research/fund/magellan-asset-management-ltd-1536105
Conviction and streaks
Concentrating · top 10 = 45.2%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
ES
$248.4MAMT
$230.0MXEL
$226.3MCCI
$210.6MSRE
$207.9MCMS
$194.2MEVRG
$187.9MD
$183.7MMSFT
$170.0MTSM
$164.5MLNT
$151.6MAMZN
$149.6MWEC
$144.6MMA
$121.6MGOOG
$116.8MMETA
$100.9MBRK.B
$70.0MSPGI
$68.8MUNP
$68.4MNFLX
$66.5M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/magellan-asset-management-ltd-1536105
Magellan Asset Management Ltd 13F holdings — Q2 2026
$4.5B portfolio (-42.0% QoQ) · 78 holdings · Q2 2026 13F · top 10 are 45% of the stock portfolio
$248.4M
5.5% of stocks
-44%This quarter-6.5%Since filed11+ qtrsHeldAIQuality65.5#474Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row$230.0M
5.1% of stocks
-6%This quarter+8.1%Since filed10 qtrsHeld$226.3M
5.1% of stocks
+22%This quarter-1.4%Since filed11+ qtrsHeldAIQuality54.5#1,313Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$210.6M
4.7% of stocks
-3%This quarter+15.5%Since filed11+ qtrsHeld$207.9M
4.7% of stocks
-0.7%This quarter-2.6%Since filed11+ qtrsHeld$194.2M
4.3% of stocks
+26%This quarter-1.3%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row$187.9M
4.2% of stocks
-3%This quarter+1.3%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row$183.7M
4.1% of stocks
-3%This quarter-5.0%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$170.0M
3.8% of stocks
-62%This quarter+7.2%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$164.5M
3.7% of stocks
-71%This quarter-1.4%Since filed10 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 4 qtrs in a row
All holdings — Magellan Asset Management Ltd (Q2 2026)
78 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | ALLIANT ENERGY CORP | Utilities | $151.6M | 3.4% | 1.99M | -2% | 11+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | AMAZON COM INC | Consumer Discretionary | $149.6M | 3.4% | 628K | -72% | 11+ qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | WEC ENERGY GROUP, INC. | Utilities | $144.6M | 3.2% | 1.24M | -2% | 11+ qtrsTrimmed 10 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Mastercard Inc | Financials | $121.6M | 2.7% | 237K | -60% | 11+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Alphabet Inc. | Technology | $116.8M | 2.6% | 330K | -19% | 10 qtrsTrimmed 5 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Meta Platforms, Inc. | Technology | $100.9M | 2.3% | 179K | -65% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | BERKSHIRE HATHAWAY INC | Financials | $70.0M | 1.6% | 140K | -58% | 10 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | S&P Global Inc. | Financials | $68.8M | 1.5% | 169K | +7% | 6 qtrsAdded 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | UNION PACIFIC CORP | Industrials | $68.4M | 1.5% | 251K | -2% | 4 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | NETFLIX INC | Communication Services | $66.5M | 1.5% | 931K | -38% | 11+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | NORFOLK SOUTHERN CORP | Industrials | $63.3M | 1.4% | 201K | -2% | 10 qtrsTrimmed 8 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | YUM BRANDS INC | Consumer Discretionary | $57.4M | 1.3% | 359K | -74% | 11+ qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | SOUTHERN CO | Utilities | $56.7M | 1.3% | 592K | +9% | 11+ qtrsAdded 5 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | AMERICAN ELECTRIC POWER CO INC | Utilities | $56.5M | 1.3% | 413K | +3% | 10 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Duke Energy CORP | Utilities | $56.0M | 1.3% | 442K | +10% | 11+ qtrsAdded 5 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $ETR | ENTERGY CORP /DE/ | Utilities | $55.4M | 1.2% | 483K | +3% | |||
| 27 | $NEE | NEXTERA ENERGY INC | Utilities | $54.9M | 1.2% | 625K | +10% | |||
| 28 | $EXC | EXELON CORP | Utilities | $53.7M | 1.2% | 1.15M | +5% | |||
| 29 | $TMO | THERMO FISHER SCIENTIFIC INC. | Healthcare | $53.1M | 1.2% | 106K | +27% | |||
| 30 | $ICE | Intercontinental Exchange, Inc. | Financials | $49.3M | 1.1% | 400K | -66% | |||
| 31 | $ZBH | ZIMMER BIOMET HOLDINGS, INC. | Healthcare | $49.1M | 1.1% | 570K | +4% | |||
| 32 | $DG | DOLLAR GENERAL CORP | Consumer Staples | $45.8M | 1.0% | 398K | -2% | |||
| 33 | $ED | CONSOLIDATED EDISON INC | Utilities | $45.4M | 1.0% | 410K | +5% | |||
| 34 | $PEG | PUBLIC SERVICE ENTERPRISE GROUP INC | Utilities | $44.5M | 1.0% | 548K | +5% | |||
| 35 | $UNH | UNITEDHEALTH GROUP INC | Healthcare | $43.4M | 1.0% | 104K | -86% | |||
| 36 | $CSX | CSX CORP | Industrials | $42.4M | 0.9% | 891K | -52% | |||
| 37 | $INTU | INTUIT INC. | Technology | $38.7M | 0.9% | 148K | -59% | |||
| 38 | $AEE | AMEREN CORP | Utilities | $34.6M | 0.8% | 306K | +2% | |||
| 39 | $BKNG | Booking Holdings Inc. | Consumer Discretionary | $34.4M | 0.8% | 193K | +1561% | |||
| 40 | $DTB | DTE ENERGY CO | Utilities | $34.4M | 0.8% | 226K | +3% | |||
| 41 | $ATO | ATMOS ENERGY CORP | Energy | $32.2M | 0.7% | 187K | +3% | |||
| 42 | $CNP | CENTERPOINT ENERGY INC | Utilities | $30.7M | 0.7% | 698K | +2% | |||
| 43 | $FE | FIRSTENERGY CORP | Utilities | $30.0M | 0.7% | 630K | +2% | |||
| 44 | $AWK | American Water Works Company, Inc. | Utilities | $29.4M | 0.7% | 223K | +3% | |||
| 45 | $PPL | PPL Corp | Utilities | $28.3M | 0.6% | 778K | +2% | |||
| 46 | $NI | NISOURCE INC. | Utilities | $25.3M | 0.6% | 533K | +7% | |||
| 47 | $V | VISA INC. | Financials | $20.8M | 0.5% | 61K | -91% | |||
| 48 | $SBAC | SBA COMMUNICATIONS CORP | Real Estate | $20.5M | 0.5% | 116K | +3% | |||
| 49 | $CMG | CHIPOTLE MEXICAN GRILL INC | Consumer Discretionary | $17.2M | 0.4% | 506K | -87% | |||
| 50 | $GOOGL | Alphabet Inc. | Technology | $16.7M | 0.4% | 47K | -93% | |||
| 51 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $14.2M | 0.3% | 97K | -93% | |||
| 52 | $PNW | PINNACLE WEST CAPITAL CORP | Utilities | $13.7M | 0.3% | 128K | +11% | |||
| 53 | $WTRG | Essential Utilities, Inc. | Utilities | $12.3M | 0.3% | 321K | +8% | |||
| 54 | $OGE | OGE ENERGY CORP. | Utilities | $11.3M | 0.3% | 232K | +3% | |||
| 55 | $MSCI | MSCI Inc. | Financials | $9.7M | 0.2% | 17K | -94% | |||
| 56 | $IDA | IDACORP INC | Utilities | $8.9M | 0.2% | 59K | +17% | |||
| 57 | $MDT | Medtronic plc | Healthcare | $8.8M | 0.2% | 113K | -92% | |||
| 58 | $CME | CME GROUP INC. | Financials | $8.2M | 0.2% | 37K | -89% | |||
| 59 | $SWX | Southwest Gas Holdings, Inc. | Energy | $6.8M | 0.1% | 77K | New | |||
| 60 | $TXNM | TXNM ENERGY INC | Utilities | $6.6M | 0.1% | 116K | +4% | |||
| 61 | $BKH | BLACK HILLS CORP /SD/ | Utilities | $6.3M | 0.1% | 85K | +15% | |||
| 62 | $SYK | STRYKER CORP | Healthcare | $6.3M | 0.1% | 20K | -93% | |||
| 63 | $POR | PORTLAND GENERAL ELECTRIC CO /OR/ | Utilities | $6.1M | 0.1% | 118K | +15% | |||
| 64 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $5.2M | 0.1% | 15K | +38% | |||
| 65 | $MDLZ | Mondelez International, Inc. | Consumer Staples | $5.1M | 0.1% | 89K | -12% | |||
| 66 | $MDU | MDU RESOURCES GROUP INC | Materials | $4.9M | 0.1% | 232K | New | |||
| 67 | $NWE | NorthWestern Energy Group, Inc. | Utilities | $4.8M | 0.1% | 67K | +2% | |||
| 68 | $OGS | ONE Gas, Inc. | Energy | $4.6M | 0.1% | 59K | +2% | |||
| 69 | $SR | SPIRE INC | Energy | $4.5M | 0.1% | 58K | +3% | |||
| 70 | $KO | COCA COLA CO | Consumer Staples | $3.4M | 0.1% | 42K | -97% | |||
| 71 | $AWR | AMERICAN STATES WATER CO | Utilities | $3.0M | 0.1% | 37K | — | |||
| 72 | $CWT | CALIFORNIA WATER SERVICE GROUP | Utilities | $3.0M | 0.1% | 61K | — | |||
| 73 | $AVA | AVISTA CORP | Utilities | $2.9M | 0.1% | 71K | -0.3% | |||
| 74 | $MGEE | MGE ENERGY INC | Utilities | $2.4M | 0.1% | 30K | — | |||
| 75 | $NWN | Northwest Natural Holding Co | Energy | $2.3M | 0.1% | 46K | +5% | |||
| 76 | $CPK | CHESAPEAKE UTILITIES CORP | Energy | $2.1M | 0.1% | 17K | +6% | |||
| 77 | $HTO | H2O AMERICA | Utilities | $1.8M | 0.0% | 29K | — | |||
| 78 | $MSEX | MIDDLESEX WATER CO | Utilities | $871K | 0.0% | 16K | — |
What changed in Q2 2026
Against the previous quarter's 13F: 2 new, 36 added to, 35 trimmed, 3 sold out. Share-count changes; largest moves by dollar size first.
New positions (2)
Added to (36)
now $226.3M · held 11+ qtrs, 2 adds in a row
now $194.2M · held 11+ qtrs, 4 adds in a row
$BKNGBooking Holdings Inc.+1561%
now $34.4M · held 11+ qtrs
$TMOTHERMO FISHER SCIENTIFIC INC.+27%
now $53.1M · held 7 qtrs, 2 adds in a row
$DUKDuke Energy CORP+10%
now $56.0M · held 11+ qtrs, 5 adds in a row
$NEENEXTERA ENERGY INC+10%
now $54.9M · held 11+ qtrs, 2 adds in a row
+30 more in the Excel export
Trimmed (35)
now $164.5M · held 10 qtrs, 4 trims in a row
now $149.6M · held 11+ qtrs, 4 trims in a row
now $170.0M · held 11+ qtrs, 2 trims in a row
$UNHUNITEDHEALTH GROUP INC-86%
now $43.4M · held 11+ qtrs, 2 trims in a row
$GOOGLAlphabet Inc.-93%
now $16.7M · held 10 qtrs
$VVISA INC.-91%
now $20.8M · held 11+ qtrs, 10 trims in a row
+29 more in the Excel export
Holdings by quarter
Every 13F Magellan Asset Management Ltd has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow Magellan Asset Management Ltd?
Q2 2026 13F filed with the SEC on Aug 13, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Magellan Asset Management Ltd's top 20 holdings: 64/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
+1.3%
Value-weighted move of the 10 largest stock positions
Turnover
2%
Last quarter; 22% over the last 4
Top 10 weight
45%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
100%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2023 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Magellan Asset Management Ltd disclosed 78 positions worth $4.5B in its Form 13F-HR for Q2 2026, led by $ES (EVERSOURCE ENERGY) at 5.5% of the equity portfolio, followed by $AMT and $XEL. During the quarter the fund opened 2 new positions and exited 3 — including a new stake in $SWX and a full exit from $BLK. The portfolio is most concentrated in Utilities (50.6% of disclosed assets). All figures are sourced directly from Magellan Asset Management Ltd’s Form 13F-HR filing with the SEC under CIK 1536105.
Funds like this
managers whose biggest positions overlap Magellan Asset Management Ltd'sBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
AI-Powered Hedge Fund Analysis: Magellan Asset Management Ltd
13F Pro is an AI hedge fund tracker and stock research platform. For Magellan Asset Management Ltd (SEC CIK: 1536105), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Magellan Asset Management Ltd's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.