Q2 2026 13F · SEC CIK 1536105

Magellan Asset Management Ltd

Asset managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $4.5B
Reported positions: 78
Top holdings a year, 3 yrs: +12.6%
Assets under management: $20.8B

Magellan Asset Management Ltd is an asset manager that reported 78 positions worth $4.5B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Eversource Energy (ES, 5.6%), American Tower Corp (AMT, 5.1%), Xcel Energy Inc (XEL, 5.1%). A portfolio copying its top holdings returned 12.6% a year over the last 3 years, against 20.4% for the S&P 500.

Magellan Asset Management Ltd holdings largest 50 of 78 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Magellan Asset Management Ltd 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
ESEversource Energy	5.6%	5.6%	3,437,065	-44.4%	$248.4M
AMTAmerican Tower Corp	5.1%	3.4%	1,406,263	-6.5%	$230.0M
XELXcel Energy Inc	5.1%	2.4%	2,818,534	+21.7%	$226.3M
CCICrown Castle Inc	4.7%	3.0%	2,780,296	-2.6%	$210.6M
SRESempra	4.7%	2.8%	2,242,974	-0.7%	$207.9M
CMSCms Energy Corp	4.3%	2.0%	2,539,050	+25.7%	$194.2M
EVRGEvergy Inc	4.2%	2.4%	2,173,521	-3.1%	$187.9M
DDominion Energy Inc	4.1%	2.2%	2,690,485	-3.1%	$183.7M
MSFTMicrosoft Corp	3.8%	5.7%	455,679	-61.7%	$170.0M
TSMTaiwan Semiconductor Manufac	3.7%	5.2%	344,465	-70.8%	$164.5M
LNTAlliant Energy Corp	3.4%	1.9%	1,987,533	-2.3%	$151.6M
AMZNAmazon Com Inc Com	3.3%	6.1%	627,789	-72.1%	$149.6M
WECWEC Energy Group Inc.	3.2%	1.9%	1,238,180	-1.8%	$144.6M
MAMastercard Inc.	2.7%	3.8%	236,678	-59.5%	$121.6M
GOOGAlphabet Inc	2.6%	1.5%	330,458	-19.3%	$116.8M
METAMeta Platforms Inc Class A	2.3%	3.8%	179,071	-64.7%	$100.9M
BRK-BBerkshire Hathaway Inc Del	1.6%	2.1%	139,845	-58.0%	$70.0M
SPGIS&P Global Inc.	1.5%	0.9%	168,908	+6.6%	$68.8M
UNPUnion Pac Corp	1.5%	0.8%	251,472	-2.2%	$68.4M
NFLXNetflix Inc Total	1.5%	1.9%	931,061	-37.9%	$66.5M
NSCNorfolk Southn Corp	1.4%	0.8%	201,346	-2.3%	$63.3M
YUMYum Brands Inc	1.3%	2.8%	358,827	-73.8%	$57.4M
SOSouthern Co.	1.3%	0.7%	592,268	+8.6%	$56.7M
AEPAmerican Elec Pwr Co Inc	1.3%	0.7%	413,164	+2.5%	$56.5M
DUKDuke Energy	1.3%	0.7%	442,471	+9.9%	$56.0M
ETREntergy Corp.	1.2%	0.7%	482,755	+3.1%	$55.4M
NEENextera Energy Inc Com	1.2%	0.7%	624,979	+9.7%	$54.9M
EXCExelon Corp	1.2%	0.7%	1,152,083	+5.5%	$53.7M
TMOThermo Fisher Scientific Inc	1.2%	0.5%	105,936	+27.3%	$53.1M
ICEIntercontinental Exchange in	1.1%	2.4%	400,494	-66.2%	$49.3M
ZBHZimmer Hldgs Inc	1.1%	0.6%	570,409	+3.6%	$49.1M
DGDollar Gen Corp New	1.0%	0.6%	398,171	-2.4%	$45.8M
EDConsolidated Edison Inc	1.0%	0.6%	410,364	+5.0%	$45.4M
PEGPublic Service Enterprise Group Inc	1.0%	0.6%	548,309	+4.7%	$44.5M
UNHUnitedhealth Group Inc Com	1.0%	2.5%	104,330	-85.5%	$43.4M
CSXCsx Corp Com	0.9%	1.0%	891,356	-51.7%	$42.4M
INTUIntuit	0.9%	2.0%	148,165	-59.1%	$38.7M
AEEAmeren Corp	0.8%	0.4%	305,654	+2.5%	$34.6M
BKNGBooking Holdings Inc Com	0.8%	0.6%	192,996	+1561.3%	$34.4M
DTEDte Energy Co	0.8%	0.4%	225,684	+2.5%	$34.4M
ATOAtmos Energy Corp	0.7%	0.4%	186,934	+3.1%	$32.2M
CNPCenterpoint Energy Inc	0.7%	—	697,825	—	$30.7M
FEFirstenergy Corp	0.7%	—	630,371	—	$30.0M
AWKAmerican Water Works Co. Inc.	0.7%	—	223,384	—	$29.4M
PPLPpl Corp	0.6%	—	778,473	—	$28.3M
NINisource Inc	0.6%	—	532,855	—	$25.3M
VVisa Inc Com Cl A	0.5%	2.6%	60,505	-90.9%	$20.8M
SBACSBA Communications Corp	0.5%	—	115,963	—	$20.5M
CMGChipotle Mexican Grill Inc	0.4%	1.6%	506,165	-86.9%	$17.2M
GOOGLAlphabet Inc	0.4%	2.5%	46,773	-93.1%	$16.7M

What Magellan Asset Management Ltd bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BKNG Booking Holdings Inc Com+1561.3% shares
TMO Thermo Fisher Scientific Inc+27.3% shares
CMS Cms Energy Corp+25.7% shares
XEL Xcel Energy Inc+21.7% shares
DUK Duke Energy+9.9% shares
NEE Nextera Energy Inc Com+9.7% shares
SO Southern Co.+8.6% shares
SPGI S&P Global Inc.+6.6% shares

Reduced

GOOGL Alphabet Inc-93.1% shares
V Visa Inc Com Cl A-90.9% shares
CMG Chipotle Mexican Grill Inc-86.9% shares
UNH Unitedhealth Group Inc Com-85.5% shares
YUM Yum Brands Inc-73.8% shares
AMZN Amazon Com Inc Com-72.1% shares
TSM Taiwan Semiconductor Manufac-70.8% shares
ICE Intercontinental Exchange in-66.2% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +4.3% /yr; S&P 500 +20.1%
3 years: +12.6% /yr; S&P 500 +20.4%
5 years: +4.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$4.5B	78
Q1 2026	$7.7B	79
Q4 2025	$8.2B	80
Q3 2025	$8.4B	82
Q2 2025	$8.7B	84
Q1 2025	$8.2B	87
Q4 2024	$9.1B	87
Q3 2024	$10.0B	117
Q2 2024	$10.5B	154
Q1 2024	$10.5B	155
Q4 2023	$10.0B	154
Q3 2023	$9.4B	156

Questions about Magellan Asset Management Ltd's portfolio

What stocks does Magellan Asset Management Ltd own?

Magellan Asset Management Ltd's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 78 positions worth $4.5B. The largest are Eversource Energy (ES) at 5.6%, American Tower Corp (AMT) at 5.1%, Xcel Energy Inc (XEL) at 5.1%, Crown Castle Inc (CCI) at 4.7% and Sempra (SRE) at 4.7%.

What did Magellan Asset Management Ltd buy last quarter?

In Q2 2026, Magellan Asset Management Ltd added Booking Holdings Inc Com (BKNG) (+1561.3% shares), Thermo Fisher Scientific Inc (TMO) (+27.3% shares) and Cms Energy Corp (CMS) (+25.7% shares), compared with its Q1 2026 filing.

What did Magellan Asset Management Ltd sell last quarter?

In Q2 2026, Magellan Asset Management Ltd cut from its top 50 Procter & Gamble Co Com (PG), cut from its top 50 MSCI Inc (MSCI), cut from its top 50 Medtronic PLC (MDT), cut from its top 50 Coca Cola Co (KO), cut from its top 50 Stryker Corporation (SYK), Alphabet Inc (GOOGL) (-93.1% shares), Visa Inc Com Cl A (V) (-90.9% shares) and Chipotle Mexican Grill Inc (CMG) (-86.9% shares), compared with its Q1 2026 filing.

How has Magellan Asset Management Ltd's portfolio performed?

A portfolio copying Magellan Asset Management Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +4.3% against +20.1%. Over 5 years: +4.3% a year against +11.6%.

When is Magellan Asset Management Ltd's next 13F filing due?

13F filings are due 45 days after each quarter ends. Magellan Asset Management Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Magellan Asset Management Ltd manage?

Magellan Asset Management Ltd reported $20.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $4.5B.