Bell Asset Management Ltd 13F annual report
Bell Asset Management Ltd is an investment fund managing more than $713 billion ran by Nick Fels. There are currently 63 companies in Mr. Fels’s portfolio. The largest investments include Alphabet Inc and Microsoft, together worth $95.5 billion.
$713 billion Assets Under Management (AUM)
As of 6th August 2024, Bell Asset Management Ltd’s top holding is 273,782 shares of Alphabet Inc currently worth over $49.9 billion and making up 7.0% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Bell Asset Management Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 102,059 shares of Microsoft worth $45.6 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Apple Inc worth $42.5 billion and the next is Unitedhealth Inc worth $28 billion, with 54,982 shares owned.
Currently, Bell Asset Management Ltd's portfolio is worth at least $713 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bell Asset Management Ltd
The Bell Asset Management Ltd office and employees reside in Melbourne, Australia. According to the last 13-F report filed with the SEC, Nick Fels serves as the Chief Operating Officer at Bell Asset Management Ltd.
Recent trades
In the most recent 13F filing, Bell Asset Management Ltd revealed that it had opened a new position in
Apple Inc and bought 201,736 shares worth $42.5 billion.
This means they effectively own approximately 0.1% of the company.
Apple Inc makes up
36.7%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Unitedhealth Inc by buying
1,944 additional shares.
This makes their stake in Unitedhealth Inc total 54,982 shares worth $28 billion.
Unitedhealth Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Bell Asset Management Ltd is getting rid of from its portfolio.
Bell Asset Management Ltd closed its position in Starbucks on 13th August 2024.
It sold the previously owned 161,815 shares for $14.8 billion.
Nick Fels also disclosed a decreased stake in Alphabet Inc by 0.1%.
This leaves the value of the investment at $49.9 billion and 273,782 shares.
One of the average hedge funds
The two most similar investment funds to Bell Asset Management Ltd are Coreview Capital Management Ltd and Curated Wealth Partners. They manage $713 billion and $713 billion respectively.
Nick Fels investment strategy
Bell Asset Management Ltd’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 20.0% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
54% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $230 billion.
The complete list of Bell Asset Management Ltd trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Alphabet Inc |
13.92%
273,782
|
$49,869,391,000 | 6.99% |
| Microsoft Corporation |
5.62%
102,059
|
$45,615,270,000 | 6.40% |
| Apple Inc |
Opened
201,736
|
$42,489,636,000 | 5.96% |
| Unitedhealth Group Inc |
3.67%
54,982
|
$28,000,133,000 | 3.93% |
| Visa Inc |
65.04%
66,376
|
$17,421,709,000 | 2.44% |
| Mastercard Incorporated |
73.11%
39,406
|
$17,384,351,000 | 2.44% |
| Fiserv, Inc. |
31.74%
113,994
|
$16,989,666,000 | 2.38% |
| Amazon.com Inc. |
81.66%
86,126
|
$16,643,850,000 | 2.33% |
| Aon plc. |
16.16%
55,128
|
$16,184,478,000 | 2.27% |
| Starbucks Corp. |
Closed
161,815
|
$14,788,273,000 | |
| Pepsico Inc |
10.48%
88,324
|
$14,567,277,000 | 2.04% |
| Cencora Inc. |
56.26%
63,905
|
$14,397,797,000 | 2.02% |
| Johnson Johnson |
8.38%
97,038
|
$14,183,074,000 | 1.99% |
| Accenture Plc Ireland |
41.12%
46,507
|
$14,110,689,000 | 1.98% |
| Adobe Inc |
67.60%
24,987
|
$13,881,278,000 | 1.95% |
| Nike, Inc. |
21.96%
176,779
|
$13,323,833,000 | 1.87% |
| Kroger Co. |
Closed
212,192
|
$12,122,529,000 | |
| Genpact Limited |
8.87%
373,898
|
$12,035,777,000 | 1.69% |
| Booking Holdings Inc |
54.72%
2,952
|
$11,694,348,000 | 1.64% |
| Paylocity Hldg Corp |
18.08%
86,411
|
$11,393,290,000 | 1.60% |
| Keysight Technologies Inc |
10.08%
79,833
|
$10,917,163,000 | 1.53% |
| Humana Inc. |
0.71%
28,951
|
$10,817,541,000 | 1.52% |
| Zoetis Inc |
0.71%
60,134
|
$10,424,830,000 | 1.46% |
| HCA Healthcare Inc |
21.08%
31,196
|
$10,022,651,000 | 1.41% |
| Oracle Corp. |
19.29%
70,295
|
$9,925,654,000 | 1.39% |
| Marsh Mclennan Cos Inc |
7.80%
46,442
|
$9,786,258,000 | 1.37% |
| Edwards Lifesciences Corp |
19.21%
102,882
|
$9,503,210,000 | 1.33% |
| Charles Riv Labs Intl Inc |
15.89%
44,817
|
$9,258,296,000 | 1.30% |
| Cisco Sys Inc |
22.47%
189,590
|
$9,007,421,000 | 1.26% |
| Coca-Cola Co |
17.17%
138,599
|
$8,821,826,000 | 1.24% |
| Broadridge Finl Solutions In |
11.50%
44,258
|
$8,718,826,000 | 1.22% |
| Automatic Data Processing In |
0.71%
36,504
|
$8,713,140,000 | 1.22% |
| American Express Co. |
12.27%
36,441
|
$8,437,914,000 | 1.18% |
| Thermo Fisher Scientific Inc. |
0.72%
15,098
|
$8,349,194,000 | 1.17% |
| Rockwell Automation Inc |
Opened
29,695
|
$8,174,440,000 | 1.15% |
| Henry Jack Assoc Inc |
0.71%
48,105
|
$7,986,392,000 | 1.12% |
| Service Corp Intl |
0.71%
110,881
|
$7,886,966,000 | 1.11% |
| Motorola Solutions Inc |
22.90%
20,335
|
$7,850,327,000 | 1.10% |
| Home Depot, Inc. |
0.71%
22,783
|
$7,842,820,000 | 1.10% |
| Sp Global Inc |
0.71%
17,390
|
$7,755,940,000 | 1.09% |
| Pool Corporation |
16.69%
25,042
|
$7,696,158,000 | 1.08% |
| Qualcomm, Inc. |
Opened
38,502
|
$7,668,828,000 | 1.08% |
| Advanced Drain Sys Inc Del |
8.95%
47,653
|
$7,643,065,000 | 1.07% |
| MSCI Inc |
21.17%
15,716
|
$7,571,183,000 | 1.06% |
| Arista Networks Inc |
0.70%
21,546
|
$7,551,442,000 | 1.06% |
| Tractor Supply Co. |
38.52%
27,626
|
$7,459,020,000 | 1.05% |
| Lauder Estee Cos Inc |
0.71%
69,703
|
$7,416,399,000 | 1.04% |
| Mettler-Toledo International, Inc. |
34.83%
5,209
|
$7,280,046,000 | 1.02% |
| Bjs Whsl Club Hldgs Inc |
50.27%
82,162
|
$7,217,110,000 | 1.01% |
| Mcdonalds Corp |
23.57%
28,228
|
$7,193,624,000 | 1.01% |
| Zebra Technologies Corporati |
24.42%
23,195
|
$7,165,631,000 | 1.01% |
| Houlihan Lokey Inc |
12.74%
52,907
|
$7,135,038,000 | 1.00% |
| Lowes Cos Inc |
Closed
27,574
|
$7,023,925,000 | |
| YETI Holdings Inc |
49.69%
181,874
|
$6,938,493,000 | 0.97% |
| Factset Resh Sys Inc |
17.93%
16,754
|
$6,840,156,000 | 0.96% |
| Cognizant Technology Solutio |
0.72%
100,534
|
$6,836,312,000 | 0.96% |
| Agilent Technologies Inc. |
0.71%
51,458
|
$6,670,501,000 | 0.94% |
| Moodys Corp |
0.70%
14,827
|
$6,241,129,000 | 0.88% |
| Colgate-Palmolive Co. |
Closed
68,928
|
$6,206,966,000 | |
| Veeva Sys Inc |
36.18%
33,904
|
$6,204,771,000 | 0.87% |
| Verizon Communications Inc |
Closed
139,089
|
$5,836,174,000 | |
| Toro Co. |
38.72%
62,342
|
$5,829,600,000 | 0.82% |
| AMGEN Inc. |
0.70%
16,762
|
$5,237,287,000 | 0.73% |
| Verra Mobility Corporation |
Opened
182,613
|
$4,967,074,000 | 0.70% |
| Ulta Beauty Inc |
Opened
11,856
|
$4,574,875,000 | 0.64% |
| Fortune Brand Innovations I |
Opened
69,569
|
$4,517,811,000 | 0.63% |
| Costco Whsl Corp New |
47.07%
5,289
|
$4,495,597,000 | 0.63% |
| Lululemon Athletica inc. |
Opened
14,064
|
$4,200,917,000 | 0.59% |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
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