Q4 2025 · 13F-HR
Magellan Asset Management Ltdholdings as filed
Filed 2026-02-11 · accession 0001536105-26-000004
$8.23B
Reported value
80
Positions
2025-12-31
Period end
The Brief · Magellan Asset Management Ltd · Q4 2025
AI · grounded in 13F
Magellan Asset Management Ltd increased its position in NFLX by 1279.9976%. The fund also accumulated shares of SPGI by 732.6372% and LNT by 40.338%. Conversely, the fund trimmed its holdings in SYK by 19.147% and CMG by 17.1097%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 023135106 | AMZN | AMAZON COM INC | $641.4M | 7.80% | 2,778,692 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $610.9M | 7.43% | 1,263,231 | Common | SOLE |
| 30040W108 | ES | EVERSOURCE ENERGY | $470.6M | 5.72% | 6,989,415 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $425.8M | 5.18% | 1,401,158 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $360.5M | 4.38% | 631,398 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $308.9M | 3.76% | 467,995 | Common | SOLE |
| 988498101 | YUM | YUM BRANDS INC | $300.8M | 3.66% | 1,988,118 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $268.0M | 3.26% | 811,738 | Common | SOLE |
| 92826C839 | V | VISA INC | $249.6M | 3.03% | 711,707 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $235.4M | 2.86% | 1,642,678 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $204.0M | 2.48% | 1,259,320 | Common | SOLE |
| 461202103 | INTU | INTUIT | $202.4M | 2.46% | 305,521 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $201.8M | 2.45% | 644,809 | Common | SOLE |
| 816851109 | SRE | SEMPRA | $191.3M | 2.33% | 2,166,850 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $188.2M | 2.29% | 1,071,779 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $182.2M | 2.21% | 317,580 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $178.1M | 2.16% | 652,160 | Common | SOLE |
| 30034W106 | EVRG | EVERGY INC | $174.7M | 2.12% | 2,409,310 | Common | SOLE |
| 25746U109 | D | DOMINION ENERGY INC | $165.0M | 2.01% | 2,815,414 | Common | SOLE |
| 22822V101 | CCI | CROWN CASTLE INC | $159.1M | 1.93% | 1,790,344 | Common | SOLE |
| 98389B100 | XEL | XCEL ENERGY INC | $156.0M | 1.90% | 2,111,509 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $153.4M | 1.86% | 1,636,208 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $149.5M | 1.82% | 2,138,440 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $148.1M | 1.80% | 4,001,695 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $145.4M | 1.77% | 463,264 | Common | SOLE |
| 018802108 | LNT | ALLIANT ENERGY CORP | $141.7M | 1.72% | 2,180,425 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $141.5M | 1.72% | 1,472,858 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $135.5M | 1.65% | 1,285,113 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $118.9M | 1.45% | 338,305 | Common | SOLE |
| 126408103 | CSX | CSX CORP | $116.6M | 1.42% | 3,216,069 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $72.4M | 0.88% | 545,445 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $66.3M | 0.81% | 286,438 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $66.2M | 0.80% | 229,244 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $60.1M | 0.73% | 11,230 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $59.2M | 0.72% | 117,846 | Common | SOLE |
| 98956P102 | ZBH | ZIMMER BIOMET HOLDINGS INC | $57.3M | 0.70% | 636,734 | Common | SOLE |
| 902973304 | USB | US BANCORP DEL | $55.9M | 0.68% | 1,048,050 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $45.8M | 0.56% | 87,710 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $43.8M | 0.53% | 75,582 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $39.5M | 0.48% | 491,469 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $39.4M | 0.48% | 336,279 | Common | SOLE |
| 842587107 | SO | SOUTHERN CO | $39.3M | 0.48% | 450,612 | Common | SOLE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $39.2M | 0.48% | 339,933 | Common | SOLE |
| 30161N101 | EXC | EXELON CORP | $37.6M | 0.46% | 862,916 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $34.3M | 0.42% | 370,955 | Common | SOLE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GRP IN | $33.6M | 0.41% | 418,554 | Common | SOLE |
| 209115104 | ED | CONSOLIDATED EDISON INC | $31.2M | 0.38% | 313,902 | Common | SOLE |
| 049560105 | ATO | ATMOS ENERGY CORP | $23.2M | 0.28% | 138,554 | Common | SOLE |
| 030420103 | AWK | AMERICAN WTR WKS CO INC NEW | $23.2M | 0.28% | 177,479 | Common | SOLE |
| 023608102 | AEE | AMEREN CORP | $22.8M | 0.28% | 228,779 | Common | SOLE |
| 233331107 | DTE | DTE ENERGY CO | $21.8M | 0.27% | 169,278 | Common | SOLE |
| 15189T107 | CNP | CENTERPOINT ENERGY INC | $21.2M | 0.26% | 553,939 | Common | SOLE |
| 337932107 | FE | FIRSTENERGY CORP | $21.2M | 0.26% | 473,459 | Common | SOLE |
| 69351T106 | PPL | PPL CORP | $20.9M | 0.25% | 595,657 | Common | SOLE |
| 78410G104 | SBAC | SBA COMMUNICATIONS CORP NEW | $18.2M | 0.22% | 94,029 | Common | SOLE |
| 125896100 | CMS | CMS ENERGY CORP | $17.7M | 0.21% | 252,895 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC | $16.7M | 0.20% | 399,089 | Common | SOLE |
| 29670G102 | WTRG | ESSENTIAL UTILS INC | $8.6M | 0.11% | 225,280 | Common | SOLE |
| 723484101 | PNW | PINNACLE WEST CAP CORP | $8.2M | 0.10% | 92,503 | Common | SOLE |
| 670837103 | OGE | OGE ENERGY CORP | $6.4M | 0.08% | 150,913 | Common | SOLE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $5.8M | 0.07% | 107,347 | Common | SOLE |
| 451107106 | IDA | IDACORP INC | $5.1M | 0.06% | 40,451 | Common | SOLE |
| 736508847 | POR | PORTLAND GEN ELEC CO | $4.0M | 0.05% | 82,806 | Common | SOLE |
| 84857L101 | SR | SPIRE INC | $3.8M | 0.05% | 46,165 | Common | SOLE |
| 68235P108 | OGS | ONE GAS INC | $3.8M | 0.05% | 48,846 | Common | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $3.7M | 0.05% | 63,543 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $3.6M | 0.04% | 10,401 | Common | SOLE |
| 092113109 | BKH | BLACK HILLS CORP | $3.6M | 0.04% | 51,532 | Common | SOLE |
| 668074305 | NWE | NORTHWESTERN ENERGY GROUP IN | $3.4M | 0.04% | 52,410 | Common | SOLE |
| 029899101 | AWR | AMER STATES WTR CO | $2.2M | 0.03% | 30,571 | Common | SOLE |
| 130788102 | CWT | CALIFORNIA WTR SVC GROUP | $2.1M | 0.03% | 48,734 | Common | SOLE |
| 05379B107 | AVA | AVISTA CORP | $2.1M | 0.03% | 54,769 | Common | SOLE |
| 55277P104 | MGEE | MGE ENERGY INC | $1.9M | 0.02% | 23,793 | Common | SOLE |
| 66765N105 | NWN | NORTHWEST NAT HLDG CO | $1.6M | 0.02% | 35,252 | Common | SOLE |
| 165303108 | CPK | CHESAPEAKE UTILS CORP | $1.6M | 0.02% | 13,083 | Common | SOLE |
| 784305104 | HTO | H2O AMERICA | $1.1M | 0.01% | 21,849 | Common | SOLE |
| 596680108 | MSEX | MIDDLESEX WTR CO | $626,015 | 0.01% | 12,416 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $118,415 | 0.00% | 447 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $70,899 | 0.00% | 494 | Common | SOLE |
| 09290D101 | BLK | BLACKROCK INC | $69,572 | 0.00% | 65 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.