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MAM

Magellan Asset Management Portfolio holdings

AUM $7.71B
1-Year Est. Return 11.08%
This Fund
S&P 500
This Quarter Est. Return
+8.3%
1 Year Est. Return
+11.08%
3 Year Est. Return
+56.74%
5 Year Est. Return
+59.6%
10 Year Est. Return
+286.79%
AUM
$10B
AUM Growth
-$460M
Cap. Flow
-$1.22B
Cap. Flow %
-12.14%
Top 10 Hldgs %
41.19%
Holding
155
New
1
Increased
19
Reduced
89
Closed
38

Top Buys

Rank Stock Value
1
NVO
Novo Nordisk
NVO
+$67.8M
2
CMG icon
Chipotle Mexican Grill
CMG
+$53.4M
3
CCI icon
Crown Castle
CCI
+$41.1M
4
CSX icon
CSX Corp
CSX
+$30.9M
5
ZBH icon
Zimmer Biomet
ZBH
+$30M

Top Sells

Rank Stock Value
1
ICE icon
Intercontinental Exchange
ICE
+$213M
2
MSFT icon
Microsoft
MSFT
+$156M
3
UNH icon
UnitedHealth
UNH
+$153M
4
HCA icon
HCA Healthcare
HCA
+$111M
5
AAPL icon
Apple
AAPL
+$96.3M

Sector Composition

Rank Sector Weight
1 Utilities 21.35%
2 Consumer Discretionary 15.14%
3 Technology 13.1%
4 Healthcare 11.85%
5 Communication Services 11.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NSC icon
26
Norfolk Southern
NSC
$75.4B
$196M 1.95%
787,082
-175,447
-18% -$42.1M
RSG icon
27
Republic Services
RSG
$67.4B
$189M 1.88%
941,006
-20,315
-2% -$4.09M
LOW icon
28
Lowe's Companies
LOW
$121B
$179M 1.78%
659,884
-23,227
-3% -$5.63M
GOOG icon
29
Alphabet (Google) Class C
GOOG
$4.11T
$175M 1.75%
1,049,543
-78,044
-7% -$13.2M
GOOGL icon
30
Alphabet (Google) Class A
GOOGL
$4.12T
$169M 1.68%
1,019,342
+97,009
+11% +$16.3M
CMS icon
31
CMS Energy
CMS
$23B
$106M 1.06%
1,505,006
-43,174
-3% -$2.83M
LNT icon
32
Alliant Energy
LNT
$18.6B
$103M 1.02%
1,693,681
-55,505
-3% -$3.15M
AWK icon
33
American Water Works
AWK
$27B
$92.3M 0.92%
631,455
-113,953
-15% -$16.2M
BKNG icon
34
Booking.com
BKNG
$156B
$84.5M 0.84%
501,300
-153,225
-23% -$23.5M
TSM icon
35
TSMC
TSM
$1.94T
$78M 0.78%
449,121
+57,728
+15% +$9.84M
DG icon
36
Dollar General
DG
$28.4B
$49.5M 0.49%
585,693
+235,665
+67% +$25.8M
NEE icon
37
NextEra Energy
NEE
$184B
$37.5M 0.37%
443,831
-1,951
-0.4% -$152K
PEG icon
38
Public Service Enterprise Group
PEG
$38.7B
$37.2M 0.37%
417,379
-13,727
-3% -$1.1M
EXC icon
39
Exelon
EXC
$48.1B
$36.8M 0.37%
906,639
-15,843
-2% -$596K
SO icon
40
Southern Company
SO
$108B
$36.3M 0.36%
402,836
-27,519
-6% -$2.35M
AEP icon
41
American Electric Power
AEP
$70.4B
$35.2M 0.35%
343,289
-37,002
-10% -$3.61M
DUK icon
42
Duke Energy
DUK
$101B
$34.9M 0.35%
302,404
-26,301
-8% -$2.93M
BRK.B icon
43
Berkshire Hathaway Class B
BRK.B
$1.1T
$33.1M 0.33%
71,966
-30,506
-30% -$13.5M
ED icon
44
Consolidated Edison
ED
$41.4B
$32.7M 0.33%
314,053
-7,044
-2% -$697K
ZBH icon
45
Zimmer Biomet
ZBH
$18.8B
$29.6M 0.3%
+274,505
New +$30M
CRM icon
46
Salesforce
CRM
$154B
$29.4M 0.29%
107,509
+4,881
+5% +$1.25M
ULTA icon
47
Ulta Beauty
ULTA
$21.8B
$28.3M 0.28%
72,663
-18,842
-21% -$7.07M
ETR icon
48
Entergy
ETR
$50.3B
$23.9M 0.24%
363,392
-13,230
-4% -$780K
SBAC icon
49
SBA Communications
SBAC
$19.8B
$23.4M 0.23%
97,418
-3,461
-3% -$767K
DTE icon
50
DTE Energy
DTE
$29.9B
$22.5M 0.22%
175,433
-5,856
-3% -$706K
1
2
3 4 5

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SIAU
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WF
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WRCM
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IMCOOI
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CCM
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EHC
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PA
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Magellan Asset Management's Q3 2024 Portfolio in Review

As of Q3 2024, Magellan Asset Management held 155 positions worth $10B, down 4.4% from $10.5B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Magellan Asset Management withdrew a net $1.22B in Q3 2024, closing 38 positions and reducing 89 holdings. Its most notable exit was iShares ESG Aware MSCI EAFE ETF, an estimated $1.34M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 21% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Magellan Asset Management opened a new position in Zimmer Biomet worth $29.6M.

  • Magellan Asset Management's largest Q3 2024 buy was Zimmer Biomet: 274,505 shares worth $29.6M.
  • Magellan Asset Management added most to Novo Nordisk in Q3 2024, an estimated $67.8M increase.
  • Magellan Asset Management's biggest Q3 2024 reduction was Intercontinental Exchange, cutting an estimated $213M.
  • Magellan Asset Management fully exited iShares ESG Aware MSCI EAFE ETF in Q3 2024, selling an estimated $1.34M.
  • Magellan Asset Management's ten largest holdings make up 41% of its $10B portfolio in Q3 2024.
  • Magellan Asset Management opened 1 new position and closed 38 in Q3 2024.
  • Magellan Asset Management's portfolio value fell 4.4% quarter-over-quarter to $10B.

Based on Magellan Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.