Magellan Asset Management Ltd reported 78 positions worth $4.47B for the quarter ended Jun 30, 2026, down 42.0% on the prior quarter. It opened 2 new positions, added to 35, trimmed 36 and exited 3. Its largest holding is Eversource Energy at 5.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| XEL Xcel Energy Inc | +501.8K | +21.7% | $40.29M | 5.06% |
| CMS Cms Energy Corp | +519.1K | +25.7% | $39.71M | 4.34% |
| TMO Thermo Fisher Scientific Inc. | +22.7K | +27.3% | $11.41M | 1.19% |
| SWX Southwest Gas Holdings, Inc. | +77.0K | – | $6.83M | 0.153% |
| DUK Duke Energy CORP | +40.0K | +9.9% | $5.06M | 1.25% |
| MDU Mdu Resources Group Inc | +231.5K | – | $4.91M | 0.11% |
| NEE Nextera Energy Inc | +55.3K | +9.7% | $4.86M | 1.23% |
| SO Southern Co | +46.7K | +8.6% | $4.47M | 1.27% |
| SPGI S&P Global Inc. | +10.4K | +6.6% | $4.23M | 1.54% |
| EXC Exelon Corp | +59.6K | +5.5% | $2.78M | 1.2% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Co Ltd | -833.5K | -70.8% | $398.08M | 3.68% |
| AMZN Amazon Com Inc | -1.62M | -72.1% | $386.37M | 3.35% |
| MSFT Microsoft Corp | -733.5K | -61.7% | $273.60M | 3.8% |
| UNH Unitedhealth Group Inc | -615.5K | -85.5% | $255.81M | 0.97% |
| GOOGL Alphabet Inc. | -629.6K | -93.1% | $225.02M | 0.374% |
| V Visa Inc. | -603.7K | -90.9% | $207.13M | 0.464% |
| ES Eversource Energy | -2.75M | -44.4% | $198.42M | 5.55% |
| META Meta Platforms, Inc. | -328.0K | -64.7% | $184.74M | 2.26% |
| MA Mastercard Inc | -348.3K | -59.5% | $178.89M | 2.72% |
| PG PROCTER & GAMBLE Co | -1.20M | -92.6% | $176.68M | 0.318% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | ES Eversource Energy | Utilities | 3.44M | $248.40M | 5.55% | -2.75M | -44.4% | Reduced | 0.91% |
| 2 | AMT American Tower Corp | Real Estate | 1.41M | $230.02M | 5.14% | -97.0K | -6.5% | Reduced | 0.3% |
| 3 | XEL Xcel Energy Inc | Utilities | 2.82M | $226.33M | 5.06% | +501.8K | +21.7% | Added | 0.45% |
| 4 | CCI Crown Castle Inc. | Real Estate | 2.78M | $210.55M | 4.71% | -74.9K | -2.6% | Reduced | 0.64% |
| 5 | SRE Sempra | Utilities | 2.24M | $207.95M | 4.65% | -15.4K | -0.7% | Reduced | 0.34% |
| 6 | CMS Cms Energy Corp | Utilities | 2.54M | $194.24M | 4.34% | +519.1K | +25.7% | Added | 0.81% |
| 7 | EVRG Evergy, Inc. | Utilities | 2.17M | $187.86M | 4.2% | -69.3K | -3.1% | Reduced | 0.94% |
| 8 | D Dominion Energy, Inc | Utilities | 2.69M | $183.73M | 4.11% | -87.1K | -3.1% | Reduced | 0.31% |
| 9 | MSFT Microsoft Corp | Technology | 455.7K | $169.98M | 3.8% | -733.5K | -61.7% | Reduced | 0.01% |
| 10 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 344.5K | $164.51M | 3.68% | -833.5K | -70.8% | Reduced | 0% |
| 11 | LNT Alliant Energy Corp | Utilities | 1.99M | $151.63M | 3.39% | -46.9K | -2.3% | Reduced | 0.77% |
| 12 | AMZN Amazon Com Inc | Consumer Discretionary | 627.8K | $149.63M | 3.35% | -1.62M | -72.1% | Reduced | 0.01% |
| 13 | WEC Wec Energy Group, Inc. | Utilities | 1.24M | $144.58M | 3.23% | -23.1K | -1.8% | Reduced | 0.38% |
| 14 | MA Mastercard Inc | Financial Services | 236.7K | $121.56M | 2.72% | -348.3K | -59.5% | Reduced | 0.03% |
| 15 | GOOG Alphabet Inc. | Technology | 330.5K | $116.76M | 2.61% | -79.2K | -19.3% | Reduced | 0% |
Tip. Select a row to see that position’s full history at Magellan Asset Management.
As of its Q2 2026 13F filing, Magellan Asset Management Ltd’s five largest positions were 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%, Sempra (SRE) at 4.7% of the reported portfolio.
Magellan Asset Management Ltd reported a 13F portfolio worth $4.47B across 78 positions for Q2 2026. That is down 42.0% from the previous quarter.
Its largest purchases by value were Xcel Energy Inc ($40.29M), Cms Energy Corp ($39.71M), Thermo Fisher Scientific Inc. ($11.41M). It opened 2 new positions.
Its largest sales by value were Taiwan Semiconductor Manufacturing Co Ltd ($398.08M), Amazon Com Inc ($386.37M), Microsoft Corp ($273.60M). It exited 3 positions entirely.
From the Form 13F-HR reports Magellan Asset Management Ltd files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.