Bell Asset Management Ltd
Long book
$339.8M
Q1 2026
Positions
61
Top-10 weight
46%
concentration
Last quarter
+9.3%
SPY +14.8%
Turnover
29%
of book per quarter
Strategy in plain words
auto-generated from filingsBell Asset Management Ltd is a diversified fundamental manager, running a $339.8M US long book across 61 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, MICROSOFT CORP, ALPHABET INC-CL A, APPLE INC, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.3%
Q2 2024
+7.6%
Q3 2024
+1.3%
Q4 2024
-4.3%
Q1 2025
+11.6%
Q2 2025
+7.0%
Q3 2025
+1.2%
Q4 2025
-8.0%
Q1 2026
+9.3%
Sector allocation
Technology 45%
Consumer discretionary 18%
Services media 14%
Financials 10%
Healthcare 7%
Other 3%
Utilities 1%
Industrials 1%
Long book by quarter
What does Bell Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 184.2K | $32.1M | 9.4% | +12.0% |
| MSFT MICROSOFT CORP | Technology | 62.7K | $23.3M | 6.8% | +19.7% |
| GOOGL ALPHABET INC-CL A | Technology | 76.2K | $21.9M | 6.4% | -6.1% |
| AAPL APPLE INC | Technology | 78.7K | $20.0M | 5.9% | +12.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 78.7K | $16.4M | 4.8% | -5.3% |
| AVGO BROADCOM INC | Technology | 40.7K | $12.6M | 3.7% | +23.2% |
| JPM JPMORGAN CHASE & CO | Financials | 29.5K | $8.7M | 2.6% | +13.4% |
| V VISA INC-CLASS A SHARES | Services media | 25.8K | $7.8M | 2.3% | +4.5% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 12.3K | $6.0M | 1.8% | +40.9% |
| MA MASTERCARD INC - A | Services media | 12.1K | $6.0M | 1.8% | +6.6% |
| AON AON PLC-CLASS A | Financials | 17.8K | $5.8M | 1.7% | +11.7% |
| MRSH MARSH & MCLENNAN COS | Financials | 29.9K | $5.2M | 1.5% | -7.5% |
| WM WASTE MANAGEMENT INC | Utilities | 21.8K | $5.0M | 1.5% | -19.2% |
| SPGI S&P GLOBAL INC | Services media | 11.8K | $5.0M | 1.5% | +11.3% |
| NFLX NETFLIX INC | Services media | 50.0K | $4.8M | 1.4% | +45.4% |
| UBER UBER TECHNOLOGIES INC | Services media | 66.0K | $4.7M | 1.4% | +9.0% |
| VEEV VEEVA SYSTEMS INC-CLASS A | Technology | 27.0K | $4.7M | 1.4% | +46.0% |
| META META PLATFORMS INC-CLASS A | Technology | 8.1K | $4.6M | 1.4% | -43.2% |
| UNH UNITEDHEALTH GROUP INC | Financials | 16.2K | $4.4M | 1.3% | -2.1% |
| CDNS CADENCE DESIGN SYS INC | Technology | 15.7K | $4.3M | 1.3% | New |
| ABT ABBOTT LABORATORIES | Healthcare | 41.4K | $4.2M | 1.2% | New |
| ACN ACCENTURE PLC-CL A | Services media | 21.3K | $4.2M | 1.2% | -12.3% |
| TSCO TRACTOR SUPPLY COMPANY | Consumer discretionary | 92.7K | $4.2M | 1.2% | +16.5% |
| SCI SERVICE CORP INTERNATIONAL | Services media | 50.8K | $4.2M | 1.2% | -9.1% |
| LPLA LPL FINANCIAL HOLDINGS INC | Financials | 13.7K | $4.1M | 1.2% | +32.8% |
| TEL TE CONNECTIVITY PLC | Consumer discretionary | 19.8K | $4.1M | 1.2% | New |
| ZTS ZOETIS INC | Healthcare | 34.4K | $4.1M | 1.2% | -2.2% |
| ORCL ORACLE CORP | Technology | 27.3K | $4.0M | 1.2% | -8.3% |
| MANH MANHATTAN ASSOCIATES INC | Technology | 29.4K | $3.9M | 1.2% | +32.3% |
| DKS DICK'S SPORTING GOODS INC | Consumer discretionary | 19.8K | $3.9M | 1.1% | New |
| A AGILENT TECHNOLOGIES INC | Healthcare | 33.7K | $3.8M | 1.1% | New |
| ABBV ABBVIE INC | Healthcare | 17.2K | $3.7M | 1.1% | New |
| CNM CORE & MAIN INC-CLASS A | Consumer discretionary | 74.0K | $3.7M | 1.1% | -2.2% |
| HLI HOULIHAN LOKEY INC | Financials | 25.3K | $3.6M | 1.1% | +10.4% |
| NOW SERVICENOW INC | Technology | 34.6K | $3.6M | 1.1% | New |
| BKNG BOOKING HOLDINGS INC | Industrials | 852 | $3.6M | 1.1% | +13.4% |
| PCTY PAYLOCITY HOLDING CORP | Technology | 32.6K | $3.5M | 1.0% | -11.2% |
| MSI MOTOROLA SOLUTIONS INC | Technology | 8.1K | $3.5M | 1.0% | -49.7% |
| ADSK AUTODESK INC | Technology | 14.5K | $3.5M | 1.0% | New |
| BOOT BOOT BARN HOLDINGS INC | Consumer discretionary | 23.2K | $3.4M | 1.0% | +29.7% |
| PG PROCTER & GAMBLE CO/THE | Other | 23.5K | $3.4M | 1.0% | -42.4% |
| BJ BJ'S WHOLESALE CLUB HOLDINGS | Consumer discretionary | 34.3K | $3.4M | 1.0% | -33.3% |
| BR BROADRIDGE FINANCIAL SOLUTIO | Services media | 20.8K | $3.4M | 1.0% | +16.7% |
| KEYS KEYSIGHT TECHNOLOGIES IN | Technology | 11.9K | $3.3M | 1.0% | -44.1% |
| GWW WW GRAINGER INC | Consumer discretionary | 3.0K | $3.3M | 1.0% | -22.6% |
| COR CENCORA INC | Consumer discretionary | 10.6K | $3.3M | 1.0% | +3.9% |
| POOL POOL CORP | Consumer discretionary | 16.4K | $3.3M | 1.0% | -2.2% |
| CDW CDW CORP/DE | Consumer discretionary | 26.7K | $3.2M | 0.9% | New |
| DXCM DEXCOM INC | Healthcare | 49.6K | $3.1M | 0.9% | -20.2% |
| CPRT COPART INC | Consumer discretionary | 88.2K | $2.9M | 0.9% | -2.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 61 | $339.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 59 | $374.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 63 | $365.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 62 | $453.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 66 | $543.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 64 | $549.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 64 | $545.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 63 | $712.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 61 | $682.3M | canonical | SEC ↗ |
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