Magellan Asset Management Ltd

CIK

1536105

Location

Sydney, C3

Portfolio Value

Mid $1,153,244,878

Diversification

Diversified

Filing Date

Global Rank

#466 / 8,336 ▲ 1

Top Industry

Utilities - Regulated Electric 26.7%

3Y Alpha vs SPY

-8.5%

Period ended 3 months ago

Filed May 12, 2026 · 34d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+39.4%

SPY

+74.2%

Annualised alpha

-8.6%

Max drawdown

−13.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

78 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%	$1,153,244,878	8
Technology	13.1%	$995,067,620	4
Consumer Cyclical	11.3%	$857,557,482	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	$67,422,344
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

8 positions · $1,153,244,878 total · Financial Services only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MA	Mastercard Inc Financial Services	Reduced	584,990	-46,408	$292,296,103	−18.9%	25.35%
V	Visa Inc. Financial Services	Reduced	664,228	-47,479	$200,756,270	−19.6%	17.41%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	1,186,393	-72,927	$186,595,891	−8.5%	16.18%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	332,614	+214,768	$159,388,628	+169.1%	13.82%
MSCI	MSCI Inc. Financial Services	Reduced	279,153	-38,427	$150,466,258	−17.4%	13.05%
CME	Cme Group Inc. Financial Services	Reduced	325,872	-326,288	$96,246,295	−46.0%	8.35%
SPGI	S&P Global Inc. Financial Services	Added	158,514	+70,804	$67,422,344	+47.1%	5.85%
BLK	BlackRock, Inc. Financial Services	Added	76	+11	$73,089	+5.1%	0.01%