1y return+2.2%S&P 500 +20.9%
3y return+37.4%S&P 500 +68.5%
5y return+26.7%S&P 500 +74.5%
10y return+216.6%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $317 against $357 in the S&P 500.2
Magellan Asset Management LtdS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| ESEversource Energy | $248.4M | 5.6% | −44.4% |
| AMTAmerican Tower Corp | $230.0M | 5.1% | −6.5% |
| XELXcel Energy Inc | $226.3M | 5.1% | +21.7% |
| CCICrown Castle Inc | $210.6M | 4.7% | −2.6% |
| SRESempra | $207.9M | 4.6% | |
| CMSCms Energy Corp | $194.2M | 4.3% | +25.7% |
| EVRGEvergy Inc | $187.9M | 4.2% | −3.1% |
| DDominion Energy Inc | $183.7M | 4.1% | −3.1% |
| MSFTMicrosoft Corp | $170.0M | 3.8% | −61.7% |
| TSMTaiwan Semiconductor Manufac | $164.5M | 3.7% | −70.8% |
| LNTAlliant Energy Corp | $151.6M | 3.4% | −2.3% |
| AMZNAmazon Com Inc | $149.6M | 3.3% | −72.1% |
| WECWec Energy Group Inc | $144.6M | 3.2% | −1.8% |
| MAMastercard Incorporated | $121.6M | 2.7% | −59.5% |
| GOOGAlphabet Inc | $116.8M | 2.6% | −19.3% |
| METAMeta Platforms Inc | $100.9M | 2.3% | −64.7% |
| BRK/BBerkshire Hathaway Inc Del | $70.0M | 1.6% | −58.0% |
| SPGIS&p Global Inc | $68.8M | 1.5% | +6.6% |
| UNPUnion Pac Corp | $68.4M | 1.5% | −2.2% |
| NFLXNetflix Inc. | $66.5M | 1.5% | −37.9% |
| NSCNorfolk Southn Corp | $63.3M | 1.4% | −2.3% |
| YUMYum Brands Inc | $57.4M | 1.3% | −73.8% |
| SOSouthern Co | $56.7M | 1.3% | +8.6% |
| AEPAmerican Elec Pwr Co Inc | $56.5M | 1.3% | +2.5% |
| DUKDuke Energy Corp New | $56.0M | 1.3% | +9.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $116.8M |
| TSMTaiwan Semiconductor Manufac | June 30, 2021 | +297.4% | $164.5M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $70.0M |
| BKNGBooking Holdings Inc | June 30, 2020 | +179.8% | $34.4M |
| METAMeta Platforms Inc | June 30, 2020 | +148.1% | $100.9M |
| ETREntergy Corp New | June 30, 2020 | +144.9% | $55.4M |
| CSXCsx Corp | June 30, 2020 | +104.5% | $42.4M |
| SOSouthern Co | June 30, 2020 | +84.6% | $56.7M |
| YUMYum Brands Inc | June 30, 2020 | +84.0% | $57.4M |
| MSFTMicrosoft Corp | June 30, 2020 | +83.3% | $170.0M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +4.3% | +14.8% |
| March 31, 2026 | −3.8% | −4.6% |
| December 31, 2025 | −0.9% | +2.4% |
| September 30, 2025 | +2.8% | +7.8% |
| June 30, 2025 | +8.6% | +10.5% |
| March 31, 2025 | −0.7% | −4.6% |
| December 31, 2024 | −1.2% | +2.1% |
| September 30, 2024 | +8.0% | +5.4% |
| June 30, 2024 | +1.7% | +4.0% |
| March 31, 2024 | +8.1% | +10.0% |
| December 31, 2023 | +13.4% | +11.2% |
| September 30, 2023 | −6.4% | −3.6% |
| June 30, 2023 | +6.1% | +8.3% |
| March 31, 2023 | +5.0% | +7.0% |
| December 31, 2022 | +6.4% | +7.1% |
| September 30, 2022 | −7.3% | −5.3% |
| June 30, 2022 | −14.2% | −16.5% |
| March 31, 2022 | −8.5% | −4.9% |
| December 31, 2021 | +8.3% | +10.7% |
| September 30, 2021 | −1.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Magellan Asset Management Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1536105&type=13F-HR&dateb=&owner=include&count=40CIK 1536105
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1536105/000153610526000006/Filed August 13, 2026 · accession 0001536105-26-000006