Bell Asset Management Ltd

Melbourne, C3 · CIK 1681004 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2008 · corporation

Assets managed$2.2bn
Staff30 · 10 in investment roles
Main clients (by assets)Pension plans 53%, Private funds 36%, Companies 6%
Websitebellasset.com.au
Form ADV · 2026-03-25SEC adviser record

Legal entityBELL ASSET MANAGEMENT LIMITED (AU)

Kindinstitutions
Others nearbyMelbourne

As an employer

Offices in1 country

In Australia

Financial services licences1

Entity	Role	Staff	Women	Resigned
BELL ASSET MANAGEMENT LIMITED Australian Public Company · Melbourne	licenseeAFSL 231091

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

$374.5m reported value +10.2% vs Q1 2026

63positions

43.5%in top 10

9 new 36 added 18 reduced 7 sold out vs Q1 2026

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	NVIDIA CORPORATION COM NVDA	NVDA	174,676	$35.0m9.33%	9.33%	Reduced -9.6k	-9,555 -5.2%
2	ALPHABET INC CAP STK CL A GOOGL	GOOGL	76,016	$27.2m7.25%	7.25%	Reduced -201	-201 -0.3%
3	MICROSOFT CORP COM MSFT	MSFT	58,396	$21.8m5.82%	5.82%	Reduced -4.3k	-4,309 -6.9%
4	AMAZON COM INC COM AMZN	AMZN	71,580	$17.1m4.56%	4.56%	Reduced -7.1k	-7,088 -9.0%
5	BROADCOM INC COM AVGO	AVGO	39,992	$15.1m4.03%	4.03%	Reduced -716	-716 -1.8%
6	APPLE INC COM AAPL	AAPL	42,299	$12.2m3.27%	3.27%	Reduced -36.4k	-36,407 -46.3%
7	JPMORGAN CHASE & CO COM JPM	JPM	30,236	$9.9m2.64%	2.64%	Added +737	+737 2.5%
8	VISA INC COM CL A V	V	26,226	$9.0m2.40%	2.40%	Added +434	+434 1.7%
9	META PLATFORMS INC CL A META	META	15,296	$8.6m2.30%	2.30%	Added +7.2k	+7,196 88.8%
10	MASTERCARD INCORPORATED CL A MA	MA	14,120	$7.3m1.94%	1.94%	Added +2.0k	+2,043 16.9%
11	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	12,077	$6.1m1.62%	1.62%	Reduced -194	-194 -1.6%
12	NETFLIX INC COM NFLX	NFLX	77,688	$5.5m1.48%	1.48%	Added +27.7k	+27,662 55.3%
13	ABBVIE INC COM ABBV	ABBV	20,895	$5.3m1.40%	1.40%	Added +3.7k	+3,707 21.6%
14	MARSH & MCLENNAN COS INC COM MRSH	MRSH	30,420	$5.1m1.35%	1.35%	Added +535	+535 1.8%
15	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	10,501	$5.0m1.34%	1.34%	Added +185	+185 1.8%
16	EATON CORP PLC SHS ETN	ETN	11,606	$4.9m1.32%	1.32%	New
17	WASTE MGMT INC DEL COM WM	WM	22,189	$4.9m1.32%	1.32%	Added +388	+388 1.8%
18	AON PLC SHS CL A AON	AON	14,835	$4.9m1.31%	1.31%	Reduced -3.0k	-2,966 -16.7%
19	S&P GLOBAL INC COM SPGI	SPGI	11,974	$4.9m1.30%	1.30%	Added +218	+218 1.9%
20	VEEVA SYS INC CL A COM VEEV	VEEV	27,459	$4.9m1.30%	1.30%	Added +489	+489 1.8%
21	UNITEDHEALTH GROUP INC COM UNH	UNH	11,360	$4.7m1.26%	1.26%	Reduced -4.8k	-4,833 -29.9%
22	ADVANCED DRAIN SYS INC DEL COM WMS	WMS	29,614	$4.6m1.24%	1.24%	Added +14.6k	+14,569 96.8%
23	LOWES COS INC COM LOW	LOW	20,417	$4.5m1.20%	1.20%	New
24	AMPHENOL CORP CL A APH	APH	25,506	$4.5m1.20%	1.20%	New
25	LPL FINL HLDGS INC COM LPLA	LPLA	15,700	$4.4m1.18%	1.18%	Added +2.0k	+2,046 15.0%
26	ABBOTT LABS COM ABT	ABT	47,744	$4.3m1.16%	1.16%	Added +6.4k	+6,383 15.4%
27	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	10,292	$4.3m1.14%	1.14%	Added +2.2k	+2,186 27.0%
28	CENCORA INC COM COR	COR	15,065	$4.3m1.14%	1.14%	Added +4.5k	+4,504 42.6%
29	OTIS WORLDWIDE CORP COM OTIS	OTIS	57,439	$4.1m1.10%	1.10%	New
30	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	32,805	$4.1m1.09%	1.09%	Added +11.5k	+11,509 54.0%
31	UBER TECHNOLOGIES INC COM UBER	UBER	56,338	$4.1m1.09%	1.09%	Reduced -9.7k	-9,672 -14.7%
32	BOOT BARN HLDGS INC COM BOOT	BOOT	24,709	$4.1m1.08%	1.08%	Added +1.5k	+1,539 6.6%
33	ELI LILLY & CO COM LLY	LLY	3,361	$4.0m1.08%	1.08%	Added +642	+642 23.6%
34	AGILENT TECHNOLOGIES INC COM A	A	30,262	$4.0m1.07%	1.07%	Reduced -3.4k	-3,449 -10.2%
35	TE CONNECTIVITY PLC ORD SHS TEL	TEL	19,925	$4.0m1.07%	1.07%	Added +78	+78 0.4%
36	DICKS SPORTING GOODS INC COM DKS	DKS	17,709	$4.0m1.07%	1.07%	Reduced -2.1k	-2,083 -10.5%
37	METTLER TOLEDO INTERNATIONAL COM MTD	MTD	3,141	$4.0m1.07%	1.07%	Added +1.2k	+1,170 59.4%
38	MCDONALDS CORP COM MCD	MCD	14,820	$4.0m1.07%	1.07%	Added +7.8k	+7,754 109.7%
39	CDW CORP COM CDW	CDW	28,408	$4.0m1.07%	1.07%	Added +1.7k	+1,702 6.4%
40	MERCADOLIBRE INC COM MELI	MELI	2,274	$3.9m1.03%	1.03%	Added +940	+940 70.5%
41	BOOKING HOLDINGS INC COM BKNG	BKNG	21,614	$3.9m1.03%	1.03%	Added +314	+314 1.5%
42	AMERICAN EXPRESS CO COM AXP	AXP	11,316	$3.8m1.02%	1.02%	Added +6.3k	+6,267 124.1%
43	HCA HEALTHCARE INC COM HCA	HCA	9,638	$3.8m1.00%	1.00%	New
44	TRACTOR SUPPLY CO COM TSCO	TSCO	117,343	$3.7m0.99%	0.99%	Added +24.7k	+24,655 26.6%
45	SERVICE CORP INTL COM SCI	SCI	48,444	$3.7m0.98%	0.98%	Reduced -2.4k	-2,372 -4.7%
46	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	7,962	$3.7m0.98%	0.98%	New
47	CORE & MAIN INC CL A CNM	CNM	75,405	$3.6m0.97%	0.97%	Added +1.4k	+1,367 1.9%
48	ORACLE CORP COM ORCL	ORCL	24,675	$3.6m0.97%	0.97%	Reduced -2.7k	-2,662 -9.7%
49	AUTODESK INC COM ADSK	ADSK	18,535	$3.6m0.96%	0.96%	Added +4.0k	+4,030 27.8%
50	PROCTER AND GAMBLE CO COM PG	PG	23,901	$3.5m0.94%	0.94%	Added +416	+416 1.8%
51	HOULIHAN LOKEY INC CL A HLI	HLI	25,684	$3.4m0.92%	0.92%	Added +422	+422 1.7%
52	MANHATTAN ASSOCIATES INC COM MANH	MANH	24,392	$3.4m0.91%	0.91%	Reduced -5.0k	-4,971 -16.9%
53	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	24,789	$3.4m0.91%	0.91%	Added +4.0k	+4,036 19.4%
54	DEXCOM INC COM DXCM	DXCM	49,999	$3.4m0.90%	0.90%	Added +366	+366 0.7%
55	APPLIED MATLS INC COM AMAT	AMAT	4,657	$3.4m0.90%	0.90%	New
56	STRYKER CORPORATION COM SYK	SYK	10,511	$3.3m0.88%	0.88%	New
57	SERVICENOW INC COM NOW	NOW	30,727	$3.1m0.81%	0.81%	Reduced -3.8k	-3,825 -11.1%
58	BJS WHSL CLUB HLDGS INC COM BJ	BJ	34,968	$3.0m0.81%	0.81%	Added +622	+622 1.8%
59	PAYLOCITY HLDG CORP COM PCTY	PCTY	27,859	$2.9m0.78%	0.78%	Reduced -4.8k	-4,776 -14.6%
60	ZOETIS INC CL A ZTS	ZTS	35,023	$2.5m0.67%	0.67%	Added +619	+619 1.8%
61	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK GEHC	GEHC	39,179	$2.5m0.67%	0.67%	New
62	MOODYS CORP COM MCO	MCO	5,381	$2.4m0.65%	0.65%	Added +97	+97 1.8%
63	MSCI INC COM MSCI	MSCI	4,324	$2.4m0.65%	0.65%	Reduced -1.0k	-1,035 -19.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
CADENCE DESIGN SYSTEM INC CDNS	CDNS	15,668	$4.3m15.7k shares
KEYSIGHT TECHNOLOGIES INC KEYS	KEYS	11,872	$3.3m11.9k shares
GRAINGER W W INC GWW	GWW	3,041	$3.3m3.0k shares
POOL CORP POOL	POOL	16,359	$3.3m16.4k shares
COPART INC CPRT	CPRT	88,180	$2.9m88.2k shares
CISCO SYS INC CSCO	CSCO	37,801	$2.9m37.8k shares
COSTCO WHSL CORP NEW COST	COST	2,156	$2.1m2.2k shares