SHELL ASSET MANAGEMENT CO

THE HAGUE, P7 · CIK 1211028 · 13F filing filed 2025-11-07

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyThe Hague

$995.7m reported value -65.6% vs Q2 2025

1,191positions

31.0%in top 10

11 new 48 added 1,095 reduced 116 sold out vs Q2 2025

Holdings, Q3 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	354,566	$66.2m6.64%	6.64%	Reduced -890.5k	-890,531 -71.5%
2	APPLE INC COM AAPL	AAPL	207,085	$52.7m5.30%	5.30%	Reduced -496.4k	-496,424 -70.6%
3	MICROSOFT CORP COM MSFT	MSFT	99,347	$51.5m5.17%	5.17%	Reduced -250.1k	-250,090 -71.6%
4	AMAZON COM INC COM AMZN	AMZN	134,878	$29.6m2.97%	2.97%	Reduced -391.1k	-391,056 -74.3%
5	BROADCOM INC COM AVGO	AVGO	65,895	$21.7m2.18%	2.18%	Reduced -156.6k	-156,571 -70.4%
6	ALPHABET INC CAP STK CL C GOOG	GOOG	86,189	$21.0m2.11%	2.11%	Reduced -197.7k	-197,708 -69.6%
7	META PLATFORMS INC CL A META	META	27,838	$20.4m2.05%	2.05%	Reduced -84.8k	-84,755 -75.3%
8	TESLA INC COM TSLA	TSLA	39,165	$17.4m1.75%	1.75%	Reduced -86.2k	-86,210 -68.8%
9	ISHARES TR MSCI INDIA ETF INDA	INDA	287,959	$15.0m1.51%	1.51%	Added +16.2k	+16,200 6.0%
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	53,943	$13.1m1.32%	1.32%	Reduced -144.3k	-144,260 -72.8%
11	JPMORGAN CHASE & CO COM JPM	JPM	30,326	$9.6m0.96%	0.96%	Reduced -56.7k	-56,685 -65.2%
12	ELI LILLY & CO COM LLY	LLY	12,193	$9.3m0.93%	0.93%	Reduced -32.0k	-32,044 -72.4%
13	VISA INC COM CL A V	V	26,381	$9.0m0.90%	0.90%	Reduced -86.1k	-86,089 -76.5%
14	MASTERCARD INCORPORATED CL A MA	MA	15,332	$8.7m0.88%	0.88%	Reduced -44.5k	-44,503 -74.4%
15	COSTCO WHSL CORP NEW COM COST	COST	8,600	$8.0m0.80%	0.80%	Reduced -30.2k	-30,239 -77.9%
16	HOME DEPOT INC COM HD	HD	19,211	$7.8m0.78%	0.78%	Reduced -29.0k	-28,964 -60.1%
17	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	14,078	$7.1m0.71%	0.71%	Reduced -57.5k	-57,469 -80.3%
18	ENBRIDGE INC COM ENB	ENB	112,346	$5.7m0.57%	0.57%	Reduced -92.5k	-92,515 -45.2%
19	NETFLIX INC COM NFLX	NFLX	4,703	$5.6m0.57%	0.57%	Reduced -9.3k	-9,260 -66.3%
20	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	18,862	$5.3m0.53%	0.53%	Reduced -9.6k	-9,644 -33.8%
21	ABBVIE INC COM ABBV	ABBV	22,295	$5.2m0.52%	0.52%	Reduced -28.8k	-28,785 -56.4%
22	UNITEDHEALTH GROUP INC COM UNH	UNH	14,761	$5.1m0.51%	0.51%	Reduced -52.2k	-52,151 -77.9%
23	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	27,899	$5.1m0.51%	0.51%	Reduced -3.0k	-2,960 -9.6%
24	PROCTER AND GAMBLE CO COM PG	PG	32,591	$5.0m0.50%	0.50%	Reduced -19.3k	-19,334 -37.2%
25	GE AEROSPACE COM NEW GE	GE	16,604	$5.0m0.50%	0.50%	Reduced -17.9k	-17,928 -51.9%
26	ORACLE CORP COM ORCL	ORCL	17,723	$5.0m0.50%	0.50%	Reduced -21.2k	-21,163 -54.4%
27	INTUIT COM INTU	INTU	7,046	$4.8m0.48%	0.48%	Reduced -17.5k	-17,461 -71.2%
28	APPLIED MATLS INC COM AMAT	AMAT	22,285	$4.6m0.46%	0.46%	Reduced -45.5k	-45,480 -67.1%
29	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	17,999	$4.3m0.43%	0.43%	Reduced -12.1k	-12,070 -40.1%
30	PROGRESSIVE CORP COM PGR	PGR	17,050	$4.2m0.42%	0.42%	Reduced -43.9k	-43,851 -72.0%
31	KRANESHARES TRUST BOSERA MSCI CHIN KBA	KBA	139,850	$4.2m0.42%	0.42%	Added +31.9k	+31,950 29.6%
32	S&P GLOBAL INC COM SPGI	SPGI	8,498	$4.1m0.42%	0.42%	Reduced -22.6k	-22,645 -72.7%
33	TORONTO DOMINION BK ONT COM NEW TD	TD	50,693	$4.1m0.41%	0.41%	Reduced -24.6k	-24,600 -32.7%
34	ADVANCED MICRO DEVICES INC COM AMD	AMD	24,539	$4.0m0.40%	0.40%	Reduced -46.6k	-46,570 -65.5%
35	COCA COLA CO COM KO	KO	59,842	$4.0m0.40%	0.40%	Reduced -46.2k	-46,178 -43.6%
36	LOWES COS INC COM LOW	LOW	15,444	$3.9m0.39%	0.39%	Reduced -12.2k	-12,164 -44.1%
37	AMERICAN EXPRESS CO COM AXP	AXP	11,608	$3.9m0.39%	0.39%	Reduced -20.9k	-20,868 -64.3%
38	CISCO SYS INC COM CSCO	CSCO	55,576	$3.8m0.38%	0.38%	Reduced -21.7k	-21,658 -28.0%
39	AGNICO EAGLE MINES LTD COM AEM	AEM	22,427	$3.8m0.38%	0.38%	Reduced -92.4k	-92,400 -80.5%
40	PHILIP MORRIS INTL INC COM PM	PM	23,116	$3.7m0.38%	0.38%	Reduced -40.0k	-39,966 -63.4%
41	SERVICENOW INC COM NOW	NOW	3,983	$3.7m0.37%	0.37%	Reduced -15.3k	-15,299 -79.3%
42	UNION PAC CORP COM UNP	UNP	15,387	$3.6m0.37%	0.37%	Reduced -16.8k	-16,779 -52.2%
43	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	21,510	$3.6m0.36%	0.36%	Reduced -14.7k	-14,719 -40.6%
44	QUALCOMM INC COM QCOM	QCOM	21,627	$3.6m0.36%	0.36%	Reduced -20.4k	-20,392 -48.5%
45	NEWMONT CORP COM NEM	NEM	42,557	$3.6m0.36%	0.36%	Reduced -173.0k	-172,958 -80.2%
46	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	26,705	$3.5m0.35%	0.35%	Reduced -7.9k	-7,884 -22.8%
47	GILEAD SCIENCES INC COM GILD	GILD	31,624	$3.5m0.35%	0.35%	Reduced -55.0k	-54,965 -63.5%
48	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	11,719	$3.4m0.35%	0.35%	Reduced -15.4k	-15,388 -56.8%
49	VERIZON COMMUNICATIONS INC COM VZ	VZ	76,048	$3.3m0.34%	0.34%	Reduced -40.0k	-39,970 -34.5%
50	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	7,442	$3.3m0.33%	0.33%	Reduced -24.9k	-24,907 -77.0%
51	MOODYS CORP COM MCO	MCO	6,949	$3.3m0.33%	0.33%	Reduced -30.2k	-30,239 -81.3%
52	MERCK & CO INC COM MRK	MRK	39,209	$3.3m0.33%	0.33%	Reduced -42.5k	-42,465 -52.0%
53	MCDONALDS CORP COM MCD	MCD	10,663	$3.2m0.33%	0.33%	Reduced -2.6k	-2,635 -19.8%
54	HONEYWELL INTL INC COM COM		15,179	$3.2m0.32%	0.32%	Reduced -14.5k	-14,501 -48.9%
55	MICRON TECHNOLOGY INC COM MU	MU	19,093	$3.2m0.32%	0.32%	Reduced -24.6k	-24,593 -56.3%
56	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	20,765	$3.1m0.31%	0.31%	Reduced -24.7k	-24,734 -54.4%
57	ADOBE INC COM ADBE	ADBE	8,705	$3.1m0.31%	0.31%	Reduced -15.0k	-15,047 -63.4%
58	WELLTOWER INC COM WELL	WELL	16,993	$3.0m0.30%	0.30%	Reduced -22.9k	-22,939 -57.5%
59	THOMSON REUTERS CORP COM COM		18,928	$2.9m0.30%	0.30%	Reduced -23.4k	-23,383 -55.3%
60	WALMART INC COM WMT	WMT	28,216	$2.9m0.29%	0.29%	Added +14.0k	+13,976 98.2%
61	CAPITAL ONE FINL CORP COM COF	COF	13,659	$2.9m0.29%	0.29%	Reduced -30.7k	-30,675 -69.2%
62	UBER TECHNOLOGIES INC COM UBER	UBER	29,600	$2.9m0.29%	0.29%	Reduced -110.5k	-110,504 -78.9%
63	GE VERNOVA INC COM GEV	GEV	4,612	$2.8m0.28%	0.28%	Reduced -2.3k	-2,282 -33.1%
64	AMGEN INC COM AMGN	AMGN	9,992	$2.8m0.28%	0.28%	Reduced -6.1k	-6,084 -37.9%
65	RTX CORPORATION COM RTX	RTX	16,610	$2.8m0.28%	0.28%	Reduced -21.9k	-21,913 -56.9%
66	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	19,780	$2.8m0.28%	0.28%	Reduced -12.5k	-12,504 -38.7%
67	ALTRIA GROUP INC COM MO	MO	41,471	$2.7m0.28%	0.28%	Reduced -23.5k	-23,549 -36.2%
68	BOSTON SCIENTIFIC CORP COM BSX	BSX	27,732	$2.7m0.27%	0.27%	Reduced -7.5k	-7,501 -21.3%
69	BANK AMERICA CORP COM BAC	BAC	51,974	$2.7m0.27%	0.27%	Reduced -46.7k	-46,696 -47.3%
70	STRYKER CORPORATION COM SYK	SYK	7,253	$2.7m0.27%	0.27%	Reduced -9.3k	-9,262 -56.1%
71	CBOE GLOBAL MKTS INC COM CBOE	CBOE	10,919	$2.7m0.27%	0.27%	Reduced -24.7k	-24,658 -69.3%
72	NASDAQ INC COM NDAQ	NDAQ	29,932	$2.6m0.27%	0.27%	Reduced -16.8k	-16,833 -36.0%
73	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	6,666	$2.6m0.26%	0.26%	Reduced -10.5k	-10,515 -61.2%
74	MCKESSON CORP COM MCK	MCK	3,322	$2.6m0.26%	0.26%	Reduced -4.5k	-4,535 -57.7%
75	TEXAS INSTRS INC COM TXN	TXN	13,966	$2.6m0.26%	0.26%	Reduced -8.9k	-8,891 -38.9%
76	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	5,602	$2.6m0.26%	0.26%	Reduced -1.5k	-1,547 -21.6%
77	WASTE CONNECTIONS INC COM WCN	WCN	14,291	$2.5m0.25%	0.25%	Reduced -8.9k	-8,931 -38.5%
78	SALESFORCE INC COM CRM	CRM	10,499	$2.5m0.25%	0.25%	Reduced -24.5k	-24,546 -70.0%
79	THE CIGNA GROUP COM CI	CI	8,597	$2.5m0.25%	0.25%	Reduced -12.2k	-12,171 -58.6%
80	ISHARES TR MSCI SAUDI ARBIA KSA	KSA	60,557	$2.5m0.25%	0.25%	Added +700	+700 1.2%
81	TJX COS INC NEW COM TJX	TJX	16,965	$2.5m0.25%	0.25%	Reduced -20.6k	-20,554 -54.8%
82	HARTFORD INSURANCE GROUP INC COM HIG	HIG	18,212	$2.4m0.24%	0.24%	Reduced -38.5k	-38,543 -67.9%
83	CANADIAN IMPERIAL BANK OF CO COM CM	CM	30,326	$2.4m0.24%	0.24%	Reduced -17.0k	-17,036 -36.0%
84	BANK MONTREAL QUE COM BMO	BMO	18,611	$2.4m0.24%	0.24%	Reduced -10.4k	-10,400 -35.9%
85	ANALOG DEVICES INC COM ADI	ADI	9,722	$2.4m0.24%	0.24%	Reduced -2.3k	-2,338 -19.4%
86	LAM RESEARCH CORP COM NEW LRCX	LRCX	17,520	$2.3m0.24%	0.24%	Reduced -52.2k	-52,179 -74.9%
87	DEVON ENERGY CORP NEW COM DVN	DVN	66,878	$2.3m0.24%	0.24%	Reduced -75.5k	-75,460 -53.0%
88	ELEVANCE HEALTH INC COM ELV	ELV	7,254	$2.3m0.24%	0.24%	Reduced -8.1k	-8,096 -52.7%
89	PRUDENTIAL FINL INC COM PRU	PRU	22,365	$2.3m0.23%	0.23%	Added +209	+209 0.9%
90	FORTIS INC COM FTS	FTS	45,623	$2.3m0.23%	0.23%	Reduced -28.4k	-28,400 -38.4%
91	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	6,586	$2.3m0.23%	0.23%	Reduced -46.2k	-46,169 -87.5%
92	FISERV INC COM FISV	FISV	17,883	$2.3m0.23%	0.23%	Reduced -55.5k	-55,504 -75.6%
93	APPLOVIN CORP COM CL A APP	APP	3,202	$2.3m0.23%	0.23%	Reduced -3.7k	-3,719 -53.7%
94	FASTENAL CO COM FAST	FAST	45,913	$2.3m0.23%	0.23%	Reduced -180.8k	-180,814 -79.8%
95	TRAVELERS COMPANIES INC COM TRV	TRV	8,005	$2.2m0.22%	0.22%	Reduced -14.6k	-14,598 -64.6%
96	PTC INC COM PTC	PTC	10,654	$2.2m0.22%	0.22%	Reduced -3.6k	-3,560 -25.1%
97	EXXON MOBIL CORP COM XOM	XOM	19,176	$2.2m0.22%	0.22%	Reduced -55.7k	-55,733 -74.4%
98	SYNCHRONY FINANCIAL COM SYF	SYF	30,342	$2.2m0.22%	0.22%	Reduced -64.6k	-64,558 -68.0%
99	ELECTRONIC ARTS INC COM EA	EA	10,447	$2.1m0.21%	0.21%	Reduced -11.1k	-11,050 -51.4%
100	F5 INC COM FFIV	FFIV	6,470	$2.1m0.21%	0.21%	Reduced -13.9k	-13,852 -68.2%

Sold out since Q2 2025

Security	Ticker	Shares held before	Value then
DHT HOLDINGS INC DHT	DHT	608,258	$6.6m608.3k shares
BROOKFIELD RENEWABLE CORP BEPC	BEPC	168,616	$5.5m168.6k shares
MP MATERIALS CORP MP	MP	157,261	$5.2m157.3k shares
LENDINGCLUB CORP HAPN	HAPN	384,137	$4.6m384.1k shares
BIONTECH SE BNTX	BNTX	40,610	$4.3m40.6k shares
API GROUP CORP APG	APG	115,238	$3.9m115.2k shares
AGCO CORP AGCO	AGCO	35,445	$3.7m35.4k shares
PAYONEER GLOBAL INC PAYO	PAYO	511,789	$3.5m511.8k shares
BROOKFIELD CORP BN	BN	53,329	$3.3m53.3k shares
UNITY SOFTWARE INC U	U	130,577	$3.2m130.6k shares
SEMPRA SRE	SRE	38,789	$2.9m38.8k shares
SILICON LABORATORIES INC SLAB	SLAB	16,018	$2.4m16.0k shares
URANIUM ENERGY CORP UEC	UEC	338,267	$2.3m338.3k shares
LEGACY HOUSING CORP LEGH	LEGH	71,653	$1.6m71.7k shares
ANSYS INC ANSS	ANSS	4,408	$1.5m4.4k shares
ROLLINS INC ROL	ROL	23,213	$1.3m23.2k shares
AVANTOR INC AVTR	AVTR	86,226	$1.2m86.2k shares
MARATHON PETE CORP MPC	MPC	6,894	$1.1m6.9k shares
ENTERGY CORP NEW ETR	ETR	11,731	$975.0k11.7k shares
FOX CORP FOX	FOX	18,175	$938.0k18.2k shares
SNAP ON INC SNA	SNA	2,733	$850.0k2.7k shares
MSCI INC MSCI	MSCI	1,304	$752.0k1.3k shares
CITIGROUP INC C	C	7,987	$680.0k8.0k shares
INTERACTIVE BROKERS GROUP IN IBKR	IBKR	10,872	$602.0k10.9k shares
WATSCO INC WSO	WSO	1,348	$595.0k1.3k shares