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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
+2.56%
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
$10.5B
AUM Growth
+$34.8M
Cap. Flow
-$163M
Cap. Flow %
-1.55%
Top 10 Hldgs %
45.18%
Holding
156
New
1
Increased
76
Reduced
41
Closed
2

Top Buys

Rank Stock Value
1
NVO
Novo Nordisk
NVO
+$252M
2
ES icon
Eversource Energy
ES
+$83.2M
3
NFLX icon
Netflix
NFLX
+$48.1M
4
AAPL icon
Apple
AAPL
+$47.5M
5
META icon
Meta Platforms (Facebook)
META
+$32M

Top Sells

Rank Stock Value
1
CMG icon
Chipotle Mexican Grill
CMG
+$170M
2
WEC icon
WEC Energy
WEC
+$114M
3
MSFT icon
Microsoft
MSFT
+$54.2M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$50.8M
5
YUM icon
Yum! Brands
YUM
+$48.5M

Sector Composition

Rank Sector Weight
1 Utilities 17.43%
2 Consumer Discretionary 15.86%
3 Technology 15.18%
4 Financials 12.57%
5 Healthcare 11.91%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HUN icon
151
Huntsman Corp
HUN
$2.04B
$1.18K ﹤0.01%
52
– –
SLAB icon
152
Silicon Laboratories
SLAB
$7.17B
$1.11K ﹤0.01%
10
– –
BEPC icon
153
Brookfield Renewable
BEPC
$5.82B
$1.08K ﹤0.01%
38
– –
SEDG icon
154
SolarEdge
SEDG
$2.38B
$404 ﹤0.01%
16
– –
BABA icon
155
Alibaba
BABA
$276B
– –
-376,975
Closed -$27.3M
NOW icon
156
ServiceNow
NOW
$120B
– –
-725
Closed -$111K
3 4 5 6
7

Similar funds

BFM
Boothbay Fund Management New York $7.71B AUM 106.31% 1-Year Est. Return
SIAU
SB Investment Advisers (UK) London, United Kingdom $7.73B AUM 2.35% 1-Year Est. Return
WF
Welch & Forbes Boston, Massachusetts $7.73B AUM 14.94% 1-Year Est. Return
WRCM
Whale Rock Capital Management Boston, Massachusetts $7.74B AUM 180.85% 1-Year Est. Return
IMCOOI
Investment Management Corp of Ontario (IMCO) Toronto, Canada $7.76B AUM 99.29% 1-Year Est. Return
CCM
Carronade Capital Management Darien, Connecticut $7.65B AUM 80.26% 1-Year Est. Return
EHC
Everett Harris & Co Los Angeles, California $7.77B AUM 9.43% 1-Year Est. Return
PA
Pinnacle Associates New York $7.78B AUM 45.07% 1-Year Est. Return

Magellan Asset Management's Q2 2024 Portfolio in Review

As of Q2 2024, Magellan Asset Management held 156 positions worth $10.5B, up 0.33% from $10.5B the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Trading was light in Q2 2024: portfolio turnover was 1.9%. Magellan Asset Management opened 1 new position and exited 2, leaving the 156-position portfolio largely intact.

By sector, the portfolio is most concentrated in Utilities at 17% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Technology.

  • Magellan Asset Management's largest Q2 2024 buy was Novo Nordisk: 1,903,280 shares worth $272M.
  • Magellan Asset Management added most to Eversource Energy in Q2 2024, an estimated $83.2M increase.
  • Magellan Asset Management's biggest Q2 2024 reduction was Chipotle Mexican Grill, cutting an estimated $170M.
  • Magellan Asset Management fully exited Alibaba in Q2 2024, selling an estimated $27.3M.
  • Magellan Asset Management's ten largest holdings make up 45% of its $10.5B portfolio in Q2 2024.
  • Magellan Asset Management opened 1 new position and closed 2 in Q2 2024.
  • Magellan Asset Management's portfolio value rose 0.33% quarter-over-quarter to $10.5B.

Based on Magellan Asset Management's 13F filing for Q2 2024, filed 13 Aug 2024.