Magellan Asset Management Ltd

Sydney, C3 · CIK 1536105 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2011 · corporation

Assets managed$20.8bn
Staff91 · 26 in investment roles
Main clients (by assets)Private funds 43%, Pension plans 23%, State and local governments 20%
Main officeSydney, Nsw
Websitemagellaninvestmentpartners.com
Form ADV · 2026-09-24SEC adviser record

Legal entityMAGELLAN ASSET MANAGEMENT LIMITED (AU)
Part of MAGELLAN FINANCIAL GROUP LTD (AU)

Kindpublic funds (AU), mutual funds, futures
Others nearbySydney, Westmont, IL
FamilyMAGELLAN FINANCIAL GROUP LTD · 2 related pages

As an employer

Staff in Australia109
Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

In Australia

Staff (2024-25)109
Women54%
Resigned in the year10.1%
Part-time9%
Financial services licences1
Runs public fundsyes

Entity	Role	Staff	Women	Resigned
BARRENJOEY INVESTMENT MANAGEMENT LIMITED Australian Public Company · Sydney	responsible entity, platformAFSL 304301	109	54%	10.1%

Sources: ASIC licence register, APRA, the Workplace Gender Equality Agency (employers with 100+ staff), ATO and the ABN register (Creative Commons Attribution).

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$4.5bn reported value -42.0% vs Q1 2026

78positions

45.2%in top 10

2 new 35 added 36 reduced 3 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

Magellan Investment Partners North America, Inc. – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

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	EVERSOURCE ENERGY COM ES	ES	3,437,065	$248.4m5.55%	5.55%	Reduced -2.7m	-2,745,517 -44.4%
2	AMERICAN TOWER CORP NEW COM AMT	AMT	1,406,263	$230.0m5.14%	5.14%	Reduced -97.0k	-97,033 -6.5%
3	XCEL ENERGY INC COM XEL	XEL	2,818,534	$226.3m5.06%	5.06%	Added +501.8k	+501,775 21.7%
4	CROWN CASTLE INC COM CCI	CCI	2,780,296	$210.6m4.71%	4.71%	Reduced -74.9k	-74,908 -2.6%
5	SEMPRA COM SRE	SRE	2,242,974	$207.9m4.65%	4.65%	Reduced -15.4k	-15,395 -0.7%
6	CMS ENERGY CORP COM CMS	CMS	2,539,050	$194.2m4.34%	4.34%	Added +519.1k	+519,096 25.7%
7	EVERGY INC COM EVRG	EVRG	2,173,521	$187.9m4.20%	4.20%	Reduced -69.3k	-69,347 -3.1%
8	DOMINION ENERGY INC COM D	D	2,690,485	$183.7m4.11%	4.11%	Reduced -87.1k	-87,148 -3.1%
9	MICROSOFT CORP COM MSFT	MSFT	455,679	$170.0m3.80%	3.80%	Reduced -733.5k	-733,476 -61.7%
10	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	344,465	$164.5m3.68%	3.68%	Reduced -833.5k	-833,543 -70.8%
11	ALLIANT ENERGY CORP COM LNT	LNT	1,987,533	$151.6m3.39%	3.39%	Reduced -46.9k	-46,913 -2.3%
12	AMAZON COM INC COM AMZN	AMZN	627,789	$149.6m3.35%	3.35%	Reduced -1.6m	-1,621,092 -72.1%
13	WEC ENERGY GROUP INC COM WEC	WEC	1,238,180	$144.6m3.23%	3.23%	Reduced -23.1k	-23,149 -1.8%
14	MASTERCARD INCORPORATED CL A MA	MA	236,678	$121.6m2.72%	2.72%	Reduced -348.3k	-348,312 -59.5%
15	ALPHABET INC CAP STK CL C GOOG	GOOG	330,458	$116.8m2.61%	2.61%	Reduced -79.2k	-79,150 -19.3%
16	META PLATFORMS INC CL A META	META	179,071	$100.9m2.26%	2.26%	Reduced -328.0k	-327,961 -64.7%
17	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	139,845	$70.0m1.56%	1.56%	Reduced -192.8k	-192,769 -58.0%
18	S&P GLOBAL INC COM SPGI	SPGI	168,908	$68.8m1.54%	1.54%	Added +10.4k	+10,394 6.6%
19	UNION PAC CORP COM UNP	UNP	251,472	$68.4m1.53%	1.53%	Reduced -5.7k	-5,682 -2.2%
20	NETFLIX INC COM NFLX	NFLX	931,061	$66.5m1.49%	1.49%	Reduced -569.1k	-569,147 -37.9%
21	NORFOLK SOUTHN CORP COM NSC	NSC	201,346	$63.3m1.42%	1.42%	Reduced -4.7k	-4,680 -2.3%
22	YUM BRANDS INC COM YUM	YUM	358,827	$57.4m1.28%	1.28%	Reduced -1.0m	-1,011,261 -73.8%
23	SOUTHERN CO COM SO	SO	592,268	$56.7m1.27%	1.27%	Added +46.7k	+46,723 8.6%
24	AMERICAN ELEC PWR CO INC COM AEP	AEP	413,164	$56.5m1.26%	1.26%	Added +10.2k	+10,163 2.5%
25	DUKE ENERGY CORP NEW COM NEW DUK	DUK	442,471	$56.0m1.25%	1.25%	Added +40.0k	+39,966 9.9%
26	ENTERGY CORP NEW COM ETR	ETR	482,755	$55.4m1.24%	1.24%	Added +14.5k	+14,470 3.1%
27	NEXTERA ENERGY INC COM NEE	NEE	624,979	$54.9m1.23%	1.23%	Added +55.3k	+55,339 9.7%
28	EXELON CORP COM EXC	EXC	1,152,083	$53.7m1.20%	1.20%	Added +59.6k	+59,594 5.5%
29	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	105,936	$53.1m1.19%	1.19%	Added +22.7k	+22,749 27.4%
30	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	400,494	$49.3m1.10%	1.10%	Reduced -785.9k	-785,899 -66.2%
31	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	570,409	$49.1m1.10%	1.10%	Added +19.6k	+19,628 3.6%
32	DOLLAR GEN CORP NEW COM DG	DG	398,171	$45.8m1.02%	1.02%	Reduced -9.9k	-9,893 -2.4%
33	CONSOLIDATED EDISON INC COM ED	ED	410,364	$45.4m1.02%	1.02%	Added +19.5k	+19,498 5.0%
34	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	548,309	$44.5m1.00%	1.00%	Added +24.8k	+24,780 4.7%
35	UNITEDHEALTH GROUP INC COM UNH	UNH	104,330	$43.4m0.97%	0.97%	Reduced -615.5k	-615,473 -85.5%
36	CSX CORP COM CSX	CSX	891,356	$42.4m0.95%	0.95%	Reduced -955.7k	-955,707 -51.7%
37	INTUIT COM INTU	INTU	148,165	$38.7m0.86%	0.86%	Reduced -214.3k	-214,251 -59.1%
38	AMEREN CORP COM AEE	AEE	305,654	$34.6m0.77%	0.77%	Added +7.3k	+7,322 2.5%
39	BOOKING HOLDINGS INC COM BKNG	BKNG	192,996	$34.4m0.77%	0.77%	Reduced -97.4k	-97,429 -33.5%
40	DTE ENERGY CO COM DTE	DTE	225,684	$34.4m0.77%	0.77%	Added +5.5k	+5,534 2.5%
41	ATMOS ENERGY CORP COM ATO	ATO	186,934	$32.2m0.72%	0.72%	Added +5.6k	+5,567 3.1%
42	CENTERPOINT ENERGY INC COM CNP	CNP	697,825	$30.7m0.69%	0.69%	Added +14.7k	+14,707 2.1%
43	FIRSTENERGY CORP COM FE	FE	630,371	$30.0m0.67%	0.67%	Added +14.9k	+14,886 2.4%
44	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	223,384	$29.4m0.66%	0.66%	Added +6.8k	+6,810 3.1%
45	PPL CORP COM PPL	PPL	778,473	$28.3m0.63%	0.63%	Added +17.2k	+17,199 2.3%
46	NISOURCE INC COM NI	NI	532,855	$25.3m0.57%	0.57%	Added +35.3k	+35,274 7.1%
47	VISA INC COM CL A V	V	60,505	$20.8m0.46%	0.46%	Reduced -603.7k	-603,723 -90.9%
48	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	115,963	$20.5m0.46%	0.46%	Added +3.2k	+3,241 2.9%
49	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	506,165	$17.2m0.38%	0.38%	Reduced -3.4m	-3,358,944 -86.9%
50	ALPHABET INC CAP STK CL A GOOGL	GOOGL	46,773	$16.7m0.37%	0.37%	Reduced -629.6k	-629,644 -93.1%
51	PROCTER AND GAMBLE CO COM PG	PG	96,860	$14.2m0.32%	0.32%	Reduced -1.2m	-1,204,868 -92.6%
52	PINNACLE WEST CAP CORP COM PNW	PNW	127,654	$13.7m0.31%	0.31%	Added +12.4k	+12,361 10.7%
53	ESSENTIAL UTILS INC COM WTRG	WTRG	320,787	$12.3m0.27%	0.27%	Added +25.0k	+25,033 8.5%
54	OGE ENERGY CORP COM OGE	OGE	231,574	$11.3m0.25%	0.25%	Added +7.5k	+7,547 3.4%
55	MSCI INC COM MSCI	MSCI	17,396	$9.7m0.22%	0.22%	Reduced -261.8k	-261,757 -93.8%
56	IDACORP INC COM IDA	IDA	58,544	$8.9m0.20%	0.20%	Added +8.4k	+8,428 16.8%
57	MEDTRONIC PLC SHS MDT	MDT	113,048	$8.8m0.20%	0.20%	Reduced -1.3m	-1,341,170 -92.2%
58	CME GROUP INC COM CME	CME	36,996	$8.2m0.18%	0.18%	Reduced -288.9k	-288,876 -88.7%
59	SOUTHWEST GAS HLDGS INC COM SWX	SWX	77,010	$6.8m0.15%	0.15%	New
60	TXNM ENERGY INC COM TXNM	TXNM	116,027	$6.6m0.15%	0.15%	Added +4.6k	+4,632 4.2%
61	BLACK HILLS CORP COM BKH	BKH	85,307	$6.3m0.14%	0.14%	Added +11.1k	+11,145 15.0%
62	STRYKER CORPORATION COM SYK	SYK	20,099	$6.3m0.14%	0.14%	Reduced -281.0k	-281,021 -93.3%
63	PORTLAND GEN ELEC CO COM NEW POR	POR	118,083	$6.1m0.14%	0.14%	Added +15.2k	+15,167 14.7%
64	HOME DEPOT INC COM HD	HD	14,775	$5.2m0.12%	0.12%	Added +4.0k	+4,047 37.7%
65	MONDELEZ INTL INC CL A MDLZ	MDLZ	88,741	$5.1m0.11%	0.11%	Reduced -12.4k	-12,406 -12.3%
66	MDU RES GROUP INC COM MDU	MDU	231,541	$4.9m0.11%	0.11%	New
67	NORTHWESTERN ENERGY GROUP IN COM NEW NWE	NWE	67,305	$4.8m0.11%	0.11%	Added +1.4k	+1,431 2.2%
68	ONE GAS INC COM OGS	OGS	59,113	$4.6m0.10%	0.10%	Added +1.4k	+1,382 2.4%
69	SPIRE INC COM SR	SR	57,949	$4.5m0.10%	0.10%	Added +1.9k	+1,901 3.4%
70	COCA COLA CO COM KO	KO	41,619	$3.4m0.08%	0.08%	Reduced -1.6m	-1,576,952 -97.4%
71	AMER STATES WTR CO COM AWR	AWR	36,743	$3.0m0.07%	0.07%	Unchanged
72	CALIFORNIA WTR SVC GROUP COM CWT	CWT	61,416	$3.0m0.07%	0.07%	Unchanged
73	AVISTA CORP COM AVA	AVA	70,956	$2.9m0.06%	0.06%	Reduced -187	-187 -0.3%
74	MGE ENERGY INC COM MGEE	MGEE	29,683	$2.4m0.05%	0.05%	Unchanged
75	NORTHWEST NAT HLDG CO COM NWN	NWN	46,167	$2.3m0.05%	0.05%	Added +2.3k	+2,258 5.1%
76	CHESAPEAKE UTILS CORP COM CPK	CPK	17,200	$2.1m0.05%	0.05%	Added +925	+925 5.7%
77	SJW GROUP COM HTO	HTO	29,063	$1.8m0.04%	0.04%	Unchanged
78	MIDDLESEX WTR CO COM MSEX	MSEX	15,503	$870.6k0.02%	0.02%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BLACKROCK INC BLK	BLK	76	$73.1k76 shares
SALESFORCE INC CRM	CRM	369	$68.9k369 shares
PEPSICO INC PEP	PEP	443	$68.8k443 shares