Magellan Asset Management Ltd

CIK

1536105

Location

Sydney, C3

Portfolio Value

Mid $7,590,257,453

Diversification

Diversified

Filing Date

Global Rank

#498 / 8,623 ▼ 1 · as of Mar 2026

Top Industry

Utilities - Regulated Electric 26.7%

3Y Alpha vs SPY

-8.1%

Period ended 4 months ago

Filed May 12, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+41.9%

SPY

+65.3%

Annualised alpha

-5.9%

Max drawdown

−13.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

78 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.2%

−1.8 pts

Top 5

26.7%

−4.3 pts

Top 10

42.7%

−5.2 pts

HHI

296

Diversified−50

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Utilities	31.2%	$2,371,328,356	42
Financial Services	15.2%	$1,153,244,874	8
Technology	13.1%	$995,067,620	4
Consumer Cyclical	11.3%	$857,557,484	5
Communication Services	8.3%	$628,843,689	3
Real Estate	6.7%	$510,996,043	3
Healthcare	6.7%	$510,415,026	5
Consumer Defensive	4.8%	$365,462,260	5
Industrials	2.6%	$197,342,101	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CMS	Cms Energy Corp	+1,767,059	2,019,954	$156,708,031
CCI	Crown Castle Inc.	+1,064,860	2,855,204	$232,156,637
AMT	American Tower Corp /Ma/	+431,517	1,503,296	$259,438,823
EXC	Exelon Corp	+229,573	1,092,489	$53,553,810
BRK-B	Berkshire Hathaway Inc	+214,768	332,614	$159,388,628
XEL	Xcel Energy Inc	+205,250	2,316,759	$184,043,334
PPL	PPL Corp	+165,617	761,274	$29,080,666
FE	Firstenergy Corp	+142,026	615,485	$31,180,470
CNP	Centerpoint Energy Inc	+129,179	683,118	$29,483,372
PEG	Public Service Enterprise Group Inc	+104,975	523,529	$42,379,672
NI	Nisource Inc.	+98,492	497,581	$23,217,129
ETR	Entergy Corp /De/	+97,330	468,285	$52,616,502
SO	Southern Co	+94,933	545,545	$52,656,003
SRE	Sempra	+91,519	2,258,369	$219,445,715
NEE	Nextera Energy Inc	+78,171	569,640	$52,908,163
ED	Consolidated Edison Inc	+76,964	390,866	$44,238,213
OGE	Oge Energy Corp.	+73,114	224,027	$10,744,334
SPGI	S&P Global Inc.	+70,804	158,514	$67,422,340
WTRG	Essential Utilities, Inc.	+70,474	295,754	$11,910,013
AEE	Ameren Corp	+69,553	298,332	$32,792,653
DUK	Duke Energy CORP	+66,226	402,505	$52,704,004
AEP	American Electric Power Co Inc	+63,068	403,001	$52,825,371
INTU	Intuit Inc.	+56,895	362,416	$156,701,430
DTE	Dte Energy Co	+50,872	220,150	$32,190,333
TXNM	Txnm Energy Inc	+47,852	111,395	$6,512,151
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CSX	Csx Corp	−1,369,006	1,847,063	$75,821,936
ES	Eversource Energy	−806,833	6,182,582	$428,329,280
YUM	Yum Brands Inc	−618,030	1,370,088	$213,021,282
AMZN	Amazon Com Inc	−529,811	2,248,881	$468,374,445
KO	Coca Cola Co	−519,869	1,618,571	$123,092,324
PG	PROCTER & GAMBLE Co	−340,950	1,301,728	$188,021,592
CME	Cme Group Inc.	−326,288	325,872	$96,246,295
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−223,150	1,178,008	$398,107,803
EVRG	Evergy, Inc.	−166,442	2,242,868	$183,735,746
LNT	Alliant Energy Corp	−145,979	2,034,446	$145,991,844
DG	Dollar General Corp	−137,381	408,064	$48,449,438
CMG	Chipotle Mexican Grill Inc	−136,586	3,865,109	$123,722,139
NFLX	Netflix Inc	−136,000	1,500,208	$144,244,999
UNH	Unitedhealth Group Inc	−91,935	719,803	$194,771,493
ZBH	Zimmer Biomet Holdings, Inc.	−85,953	550,781	$49,801,618
MSFT	Microsoft Corp	−74,076	1,189,155	$440,189,506
ICE	Intercontinental Exchange, Inc.	−72,927	1,186,393	$186,595,891
V	Visa Inc.	−47,479	664,228	$200,756,270
MA	Mastercard Inc	−46,408	584,990	$292,296,103
MSCI	MSCI Inc.	−38,427	279,153	$150,466,258
D	Dominion Energy, Inc	−37,781	2,777,633	$171,713,272
SYK	Stryker Corp	−37,185	301,120	$98,945,020
UNP	Union Pacific Corp	−29,284	257,154	$62,390,703
WEC	Wec Energy Group, Inc.	−23,784	1,261,329	$146,024,058
NSC	Norfolk Southern Corp	−23,218	206,026	$59,129,462
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
USB	US Bancorp De	1,048,050	$55,923,948
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

78 tracked positions · $7,590,257,453 total · filing declares 79 positions · $7,707,757,646 · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 78 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	2,248,881	-529,811	$468,374,445	−27.0%	6.17%
MSFT	Microsoft Corp Technology	Reduced	1,189,155	-74,076	$440,189,506	−27.9%	5.80%
ES	Eversource Energy Utilities	Reduced	6,182,582	-806,833	$428,329,280	−9.0%	5.64%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	1,178,008	-223,150	$398,107,803	−6.5%	5.24%
MA	Mastercard Inc Financial Services	Reduced	584,990	-46,408	$292,296,103	−18.9%	3.85%
META	Meta Platforms, Inc. Communication Services	Added	507,032	+39,037	$290,088,218	−6.1%	3.82%
AMT	American Tower Corp /Ma/ Real Estate	Added	1,503,296	+431,517	$259,438,823	+37.9%	3.42%
CCI	Crown Castle Inc. Real Estate	Added	2,855,204	+1,064,860	$232,156,637	+45.9%	3.06%
SRE	Sempra Utilities	Added	2,258,369	+91,519	$219,445,715	+14.7%	2.89%
YUM	Yum Brands Inc Consumer Cyclical	Reduced	1,370,088	-618,030	$213,021,282	−29.2%	2.81%
V	Visa Inc. Financial Services	Reduced	664,228	-47,479	$200,756,270	−19.6%	2.64%
UNH	Unitedhealth Group Inc Healthcare	Reduced	719,803	-91,935	$194,771,493	−27.3%	2.57%
GOOGL	Alphabet Inc. Communication Services	Added	676,417	+31,608	$194,510,472	−3.6%	2.56%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	1,301,728	-340,950	$188,021,592	−20.1%	2.48%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	1,186,393	-72,927	$186,595,891	−8.5%	2.46%
XEL	Xcel Energy Inc Utilities	Added	2,316,759	+205,250	$184,043,334	+18.0%	2.42%
EVRG	Evergy, Inc. Utilities	Reduced	2,242,868	-166,442	$183,735,746	+5.2%	2.42%
D	Dominion Energy, Inc Utilities	Reduced	2,777,633	-37,781	$171,713,272	+4.1%	2.26%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	332,614	+214,768	$159,388,628	+169.1%	2.10%
CMS	Cms Energy Corp Utilities	Added	2,019,954	+1,767,059	$156,708,031	+786.1%	2.06%
INTU	Intuit Inc. Technology	Added	362,416	+56,895	$156,701,430	−22.6%	2.06%
MSCI	MSCI Inc. Financial Services	Reduced	279,153	-38,427	$150,466,258	−17.4%	1.98%
WEC	Wec Energy Group, Inc. Utilities	Reduced	1,261,329	-23,784	$146,024,058	+7.7%	1.92%
LNT	Alliant Energy Corp Utilities	Reduced	2,034,446	-145,979	$145,991,844	+3.0%	1.92%
NFLX	Netflix Inc Communication Services	Reduced	1,500,208	-136,000	$144,244,999	−6.0%	1.90%
MDT	Medtronic plc Healthcare	Reduced	1,454,218	-18,640	$126,007,989	−10.9%	1.66%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	3,865,109	-136,586	$123,722,139	−16.4%	1.63%
KO	Coca Cola Co Consumer Defensive	Reduced	1,618,571	-519,869	$123,092,324	−17.7%	1.62%
SYK	Stryker Corp Healthcare	Reduced	301,120	-37,185	$98,945,020	−16.8%	1.30%
CME	Cme Group Inc. Financial Services	Reduced	325,872	-326,288	$96,246,295	−46.0%	1.27%
CSX	Csx Corp Industrials	Reduced	1,847,063	-1,369,006	$75,821,936	−35.0%	1.00%
SPGI	S&P Global Inc. Financial Services	Added	158,514	+70,804	$67,422,340	+47.1%	0.89%
UNP	Union Pacific Corp Industrials	Reduced	257,154	-29,284	$62,390,703	−5.8%	0.82%
NSC	Norfolk Southern Corp Industrials	Reduced	206,026	-23,218	$59,129,462	−10.7%	0.78%
EXC	Exelon Corp Utilities	Added	1,092,489	+229,573	$53,553,810	+42.4%	0.71%
NEE	Nextera Energy Inc Utilities	Added	569,640	+78,171	$52,908,163	+34.1%	0.70%
AEP	American Electric Power Co Inc Utilities	Added	403,001	+63,068	$52,825,371	+34.8%	0.70%
DUK	Duke Energy CORP Utilities	Added	402,505	+66,226	$52,704,004	+33.7%	0.69%
SO	Southern Co Utilities	Added	545,545	+94,933	$52,656,003	+34.0%	0.69%
ETR	Entergy Corp /De/ Utilities	Added	468,285	+97,330	$52,616,502	+53.5%	0.69%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Reduced	550,781	-85,953	$49,801,618	−13.0%	0.66%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	11,617	+387	$48,911,287	−18.7%	0.64%
DG	Dollar General Corp Consumer Defensive	Reduced	408,064	-137,381	$48,449,438	−33.1%	0.64%
ED	Consolidated Edison Inc Utilities	Added	390,866	+76,964	$44,238,213	+41.9%	0.58%
PEG	Public Service Enterprise Group Inc Utilities	Added	523,529	+104,975	$42,379,672	+26.1%	0.56%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	83,187	+7,605	$40,888,906	−6.6%	0.54%
ATO	Atmos Energy Corp Utilities	Added	181,367	+42,813	$33,502,112	+44.2%	0.44%
AEE	Ameren Corp Utilities	Added	298,332	+69,553	$32,792,653	+43.5%	0.43%
DTE	Dte Energy Co Utilities	Added	220,150	+50,872	$32,190,333	+47.4%	0.42%
FE	Firstenergy Corp Utilities	Added	615,485	+142,026	$31,180,470	+47.1%	0.41%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.