Magellan Asset Management portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 13, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Magellan Asset Management reported a $4.5 bn portfolio of 77 companies (78 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are ES, AMT, XEL.
Sections with a free account
What changed this quarter
74 positions with a change (2 new, 35 added to, 34 trimmed, 3 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Taiwan Semiconductor Manufacturing−71%fewer sharesReduced5.2% → 3.7%
- Amazon.com−72%fewer sharesReduced6.1% → 3.3%
- Microsoft−62%fewer sharesReduced5.7% → 3.8%
- Alphabet−2.9 ppof portfolioReduced4.0% → 3.0%
- Visa−91%fewer sharesReduced2.6% → 0.5%
- Eversource Energy−44%fewer sharesReduced5.6% → 5.6%
- UnitedHealth Group−86%fewer sharesReduced2.5% → 1.0%
- Meta Platforms−65%fewer sharesReduced3.8% → 2.3%
- Mastercard−60%fewer sharesReduced3.8% → 2.7%
- Procter & Gamble−93%fewer sharesReduced2.4% → 0.3%
- Yum! Brands−74%fewer sharesReduced2.8% → 1.3%
- Msci−94%fewer sharesReduced2.0% → 0.2%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Eversource EnergyES5.6%
- American TowerAMT5.1%
- Xcel EnergyXEL5.1%
- Crown CastleCCI4.7%
- SempraSRE4.6%
- CMS EnergyCMS4.3%
- EvergyEVRG4.2%
- Dominion EnergyD4.1%
- MicrosoftMSFT3.8%
- Taiwan Semiconductor ManufacturingTSM3.7%
- Alliant EnergyLNT3.4%
- Amazon.comAMZN3.3%
- WEC Energy GroupWEC3.2%
- AlphabetGOOG · GOOGL3.0%
- MastercardMA2.7%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Utilities 51%
- ● Real Estate 10%
- ● Information Technology 8%
- ● Financials 8%
- ● Communication Services 7%
- ● Consumer Discretionary 6%
- ● Industrials 4%
- ● Health Care 4%
- ● Consumer Staples 2%
- ● Energy 1%
How its portfolio changed (8 quarters)
Q2 2026: 78
Q2 2026: 45%
Q2 2026: 24.4%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Sep 24, 2026 (medium confidence).
The data, as reported: MAGELLAN INVESTMENT PARTNERS (CRD 159256): Institutional mandates; 5.D assets by client type: pooled vehicles 43%, pension plans 23%, governments 20%, other 7% (of $20.8 bn); 5.F 40 accounts, 0% non-discretionary; 5.D 36 clients, 0 individuals
The type comes from a rule applied to that data. If it looks wrong, tell us.
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