Magellan Asset Management Limited
- Regulatory AUM
- $21.7B
- Discretionary
- $21.7B
- Clients
- 45
- Avg AUM / client
- $483M
- Accounts
- 50
- Employees
- 100
AUM over time
Annual snapshots from Form ADV filings · as of Jan 05, 2026
Asset allocation (SMA assets by investment type)
as of Jan 05, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Investments (13F portfolio — 79 positions, $7,707,757,646)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Amazon Com Inc | COM | $468,374,446 | 2,248,881 | 6.08% | 2.15% |
| 2 | Microsoft Corp | COM | $440,189,506 | 1,189,155 | 5.71% | 2.02% |
| 3 | Eversource Energy | COM | $428,329,281 | 6,182,582 | 5.56% | 1.97% |
| 4 | Taiwan Semiconductor Manufac | SPONSORED ADS | $398,107,804 | 1,178,008 | 5.17% | 1.83% |
| 5 | Mastercard Incorporated | CL A | $292,296,103 | 584,990 | 3.79% | 1.34% |
| 6 | Meta Platforms Inc | CL A | $290,088,218 | 507,032 | 3.76% | 1.33% |
| 7 | American Tower Corp | COM | $259,438,824 | 1,503,296 | 3.37% | 1.19% |
| 8 | Crown Castle Inc | COM | $232,156,637 | 2,855,204 | 3.01% | 1.07% |
| 9 | Sempra | COM | $219,445,716 | 2,258,369 | 2.85% | 1.01% |
| 10 | Yum Brands Inc | COM | $213,021,282 | 1,370,088 | 2.76% | 0.98% |
| 11 | Visa Inc | COM CL A | $200,756,271 | 664,228 | 2.6% | 0.92% |
| 12 | Unitedhealth Group Inc | COM | $194,771,494 | 719,803 | 2.53% | 0.9% |
| 13 | Alphabet Inc | CAP STK CL A | $194,510,473 | 676,417 | 2.52% | 0.89% |
| 14 | Procter & Gamble Co | COM | $188,021,592 | 1,301,728 | 2.44% | 0.86% |
| 15 | Intercontinental Exchange In | COM | $186,595,891 | 1,186,393 | 2.42% | 0.86% |
| 16 | Xcel Energy Inc | COM | $184,043,335 | 2,316,759 | 2.39% | 0.85% |
| 17 | Evergy Inc | COM | $183,735,747 | 2,242,868 | 2.38% | 0.84% |
| 18 | Dominion Energy Inc | COM | $171,713,272 | 2,777,633 | 2.23% | 0.79% |
| 19 | Berkshire Hathaway Inc Del | CL B NEW | $159,388,629 | 332,614 | 2.07% | 0.73% |
| 20 | Cms Energy Corp | COM | $156,708,031 | 2,019,954 | 2.03% | 0.72% |
| 21 | Intuit | COM | $156,701,430 | 362,416 | 2.03% | 0.72% |
| 22 | Msci Inc | COM | $150,466,259 | 279,153 | 1.95% | 0.69% |
| 23 | Wec Energy Group Inc | COM | $146,024,058 | 1,261,329 | 1.89% | 0.67% |
| 24 | Alliant Energy Corp | COM | $145,991,845 | 2,034,446 | 1.89% | 0.67% |
| 25 | Netflix Inc. | COM | $144,244,999 | 1,500,208 | 1.87% | 0.66% |
Top 25 of 79 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 2 | $135M | 0.62% |
| Pooled investment vehicles (non-investment companies) | 29 | $10.9B | 50.2% |
| Pension and profit sharing plans | Fewer than 5 clients | $4.4B | 20.4% |
| State or municipal government entities | 9 | $3.9B | 17.8% |
| Corporations and other businesses | Fewer than 5 clients | $1.4B | 6.51% |
| Other | 5 | $982M | 4.52% |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Fraser, Robert | Non Executive Director | Apr 2014 (12y) | Less than 5% | |
| Mc Lennan, Hamish, Roy | Non Executive Director | Mar 2016 (10y) | Less than 5% | |
| Eales, John | Non Executive Director | Jul 2017 (9y) | Less than 5% | |
| Morton, Kirsten, Elizabeth | Chief Operating Officer & Chief Financial Officer | Dec 2021 (5y) | Less than 5% | |
| Dixon, David, Geoffrey | Non Executive Director | Dec 2022 (4y) | Less than 5% | |
| Deborah, Page, Ruth | Non Executive Director | Oct 2023 (3y) | Less than 5% | |
| Formica, Andrew, James | Executive Chairman | Oct 2023 (3y) | Less than 5% | |
| Kovacs, Catherine, Louise | Non Executive Director | Nov 2023 (3y) | Less than 5% | |
| Rahmani, Sophia, Sally | Managing Director | May 2024 (2y) | Less than 5% | |
| Benjamin Decator Jones | Chief Compliance Officer | Nov 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Magellan Financial Group Limited | Parent Entity | Nov 2006 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 01/05/2026 | 1.16 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- J.P. Morgan $5.5B (25% of AUM) Jan 2026
- State Street $3.5B (9% of AUM) Aug 2023
- Northern Trust $1.7B (8% of AUM) Jan 2026
- BNY Mellon $1.4B (7% of AUM) Jan 2026
- Bnp Paribas $991M (4% of AUM) Sep 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jan 05, 2026.
View current Form ADV (SEC/IAPD) ↗