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Portfolio (Quarterly) Guide ↗

Magellan Asset Management Ltd

· CIK 0001536105
13F Portfolio $7.7B AUM 79 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 49 Added 30 Reduced 1 Exited
Page 4 of 4  ·  79 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 TXNM ENERGY INC 111,395.0 $6.5M 0.08% +48K +75.3% $58.46
62 MDLZ MONDELEZ INTL INC Consumer Defensive 101,147.0 $5.8M 0.08% -6K -5.8% $57.64 +6.7%
63 POR PORTLAND GEN ELEC CO Utilities 102,916.0 $5.4M 0.07% +20K +24.3% $52.77 -5.8%
64 BKH BLACK HILLS CORP Utilities 74,162.0 $5.1M 0.07% +23K +43.9% $69.41 +6.8%
65 SR SPIRE INC Utilities 56,048.0 $5.1M 0.07% +10K +21.4% $90.54 -4.2%
66 OGS ONE GAS INC Utilities 57,731.0 $5.0M 0.07% +9K +18.2% $86.13 -4.4%
67 NWE NORTHWESTERN ENERGY GROUP IN Utilities 65,874.0 $4.3M 0.06% +13K +25.7% $65.94 +8.9%
68 HD HOME DEPOT INC Consumer Cyclical 10,728.0 $3.5M 0.05% +327.0 +3.1% $328.89 -4.6%
69 AVA AVISTA CORP Utilities 71,143.0 $2.9M 0.04% +16K +29.9% $40.14 +1.9%
70 CWT CALIFORNIA WTR SVC GROUP Utilities 61,416.0 $2.8M 0.04% +13K +26.0% $45.34 -4.7%
71 AWR AMER STATES WTR CO Utilities 36,743.0 $2.8M 0.04% +6K +20.2% $75.62 +0.9%
72 NWN NORTHWEST NAT HLDG CO Utilities 43,909.0 $2.3M 0.03% +9K +24.6% $53.22 -6.4%
73 MGEE MGE ENERGY INC Utilities 29,683.0 $2.3M 0.03% +6K +24.8% $77.29 -1.7%
74 CPK CHESAPEAKE UTILS CORP Utilities 16,275.0 $2.1M 0.03% +3K +24.4% $126.37 +0.5%
75 HTO H2O AMERICA Utilities 29,063.0 $1.7M 0.02% +7K +33.0% $58.67 -1.9%
76 MSEX MIDDLESEX WTR CO Utilities 15,503.0 $807K 0.01% +3K +24.9% $52.05 -0.6%
77 BLK BLACKROCK INC Financial Services 76.0 $73K 0.00% +11.0 +16.9% $961.71 +10.6%
78 CRM SALESFORCE INC Technology 369.0 $69K 0.00% -78.0 -17.4% $186.67 -5.5%
79 PEP PEPSICO INC Consumer Defensive 443.0 $69K 0.00% -51.0 -10.3% $155.29 -4.1%
Page 4 of 4  ·  79 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Utilities 30.9%
Financial Services 13.3%
Technology 13.3%
Consumer Cyclical 11.5%
Communication Services 10.0%
Real Estate 6.8%
Healthcare 6.8%
Consumer Defensive 4.9%
Industrials 2.6%