Bell Asset Management Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Bell Asset Management Ltd reported 63 stock positions worth $712.9 million. Its top holding was Alphabet Class A (GOOGL) at 7.0% of the portfolio, followed by Microsoft (MSFT, 6.4%) and Apple (AAPL, 6.0%). Compared with Q1 2024, it opened 7 new positions, sold out of 5, added to 22 and reduced 34. The biggest buy was a new position in Apple (AAPL) and the biggest sale an exit from Starbucks (SBUX).
- Most Recent 13F
- Q2 2026
- Location
- Melbourne, C3
- CIK
- 0001681004
- Portfolio Value
- $712.9M (Q2 2024)
- SEC Filing
- 0001012975-24-000318 ↗ filed Aug 13, 2024
Holdings Value
Holdings 63 stocks · $712.9M
| GOOGL Alphabet Inc. Class A | 6.99% | 273,782 | $49.9M | Reduce -13.9% |
| MSFT Microsoft Corp. | 6.40% | 102,059 | $45.6M | Reduce -5.6% |
| AAPL Apple Inc. | 5.96% | 201,736 | $42.5M | New |
| UNH Unitedhealth Group Inc. | 3.93% | 54,982 | $28.0M | Add +3.7% |
| V Visa Inc. Class A | 2.44% | 66,376 | $17.4M | Add +65.0% |
| MA Mastercard Inc. Class A | 2.44% | 39,406 | $17.4M | Add +73.1% |
| FISV Fiserv Inc. | 2.38% | 113,994 | $17.0M | Add +31.7% |
| AMZN Amazon.com Inc. | 2.33% | 86,126 | $16.6M | Add +81.7% |
| AON Aon PLC Class A | 2.27% | 55,128 | $16.2M | Add +16.2% |
| PEP Pepsico Inc. | 2.04% | 88,324 | $14.6M | Reduce -10.5% |
| COR Cencora Inc. | 2.02% | 63,905 | $14.4M | Add +56.3% |
| JNJ Johnson & Johnson | 1.99% | 97,038 | $14.2M | Reduce -8.4% |
| ACN Accenture PLC Class A | 1.98% | 46,507 | $14.1M | Add +41.1% |
| ADBE Adobe Inc. | 1.95% | 24,987 | $13.9M | Add +67.6% |
| NKE Nike Inc. Class B | 1.87% | 176,779 | $13.3M | Add +22.0% |
| G Genpact Ltd. | 1.69% | 373,898 | $12.0M | Add +8.9% |
| BKNG Booking Holdings Inc. | 1.64% | 2,952 | $11.7M | Add +54.7% |
| PCTY Paylocity Holding Corp. | 1.60% | 86,411 | $11.4M | Add +18.1% |
| KEYS Keysight Technologies Inc. | 1.53% | 79,833 | $10.9M | Add +10.1% |
| HUM Humana Inc. | 1.52% | 28,951 | $10.8M | Reduce -0.7% |
| ZTS Zoetis Inc. | 1.46% | 60,134 | $10.4M | Reduce -0.7% |
| HCA HCA Healthcare Inc. | 1.41% | 31,196 | $10.0M | Reduce -21.1% |
| ORCL Oracle Corp. | 1.39% | 70,295 | $9.9M | Reduce -19.3% |
| MRSH Marsh & McLennan Cos | 1.37% | 46,442 | $9.8M | Reduce -7.8% |
| EW Edwards Lifesciences Corp. | 1.33% | 102,882 | $9.5M | Reduce -19.2% |
| CRL Charles River Laboratories | 1.30% | 44,817 | $9.3M | Add +15.9% |
| CSCO Cisco Systems Inc. | 1.26% | 189,590 | $9.0M | Reduce -22.5% |
| KO The Coca-Cola Co. | 1.24% | 138,599 | $8.8M | Reduce -17.2% |
| BR Broadridge Financial Solutio | 1.22% | 44,258 | $8.7M | Add +11.5% |
| ADP Automatic Data Processing | 1.22% | 36,504 | $8.7M | Reduce -0.7% |
| AXP American Express Co. | 1.18% | 36,441 | $8.4M | Reduce -12.3% |
| TMO Thermo Fisher Scientific Inc. | 1.17% | 15,098 | $8.3M | Reduce -0.7% |
| ROK Rockwell Automation Inc. | 1.15% | 29,695 | $8.2M | New |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 1.12% | 48,105 | $8.0M | Reduce -0.7% |
| SCI Service Corp. International | 1.11% | 110,881 | $7.9M | Reduce -0.7% |
| MSI Motorola Solutions Inc. | 1.10% | 20,335 | $7.9M | Reduce -22.9% |
| HD Home Depot Inc. | 1.10% | 22,783 | $7.8M | Reduce -0.7% |
| SPGI S&P Global Inc. | 1.09% | 17,390 | $7.8M | Reduce -0.7% |
| POOL Pool Corp. | 1.08% | 25,042 | $7.7M | Add +16.7% |
| QCOM Qualcomm Inc. | 1.08% | 38,502 | $7.7M | New |
| WMS Advanced Drainage Systems Inc. | 1.07% | 47,653 | $7.6M | Reduce -8.9% |
| MSCI MSCI Inc. | 1.06% | 15,716 | $7.6M | Add +21.2% |
| ANET Arista Networks Inc. | 1.06% | 21,546 | $7.6M | Reduce -0.7% |
| TSCO Tractor Supply Company | 1.05% | 27,626 | $7.5M | Reduce -38.5% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 1.04% | 69,703 | $7.4M | Reduce -0.7% |
| MTD Mettler-Toledo International | 1.02% | 5,209 | $7.3M | Reduce -34.8% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 1.01% | 82,162 | $7.2M | Reduce -50.3% |
| MCD McDonald's Corp. | 1.01% | 28,228 | $7.2M | Add +23.6% |
| ZBRA Zebra Technologies Corp. Class A | 1.01% | 23,195 | $7.2M | Reduce -24.4% |
| HLI Houlihan Lokey Inc. | 1.00% | 52,907 | $7.1M | Reduce -12.7% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.97% | 181,874 | $6.9M | Add +49.7% |
| FDS Factset Research Systems Inc. | 0.96% | 16,754 | $6.8M | Add +17.9% |
| CTSH Cognizant Tech Solutions-A | 0.96% | 100,534 | $6.8M | Reduce -0.7% |
| A Agilent Technologies Inc. | 0.94% | 51,458 | $6.7M | Reduce -0.7% |
| MCO Moody's Corp. | 0.88% | 14,827 | $6.2M | Reduce -0.7% |
| VEEV Veeva Systems Inc. Class A | 0.87% | 33,904 | $6.2M | Add +36.2% |
| TTC Toro Co. | 0.82% | 62,342 | $5.8M | Reduce -38.7% |
| AMGN Amgen Inc. | 0.73% | 16,762 | $5.2M | Reduce -0.7% |
| VRRM Verra Mobility Corp. | 0.70% | 182,613 | $5.0M | New |
| ULTA Ulta Beauty Inc. | 0.64% | 11,856 | $4.6M | New |
| FBIN Fortune Brands Innovations I | 0.63% | 69,569 | $4.5M | New |
| COST Costco Wholesale Corp. | 0.63% | 5,289 | $4.5M | Reduce -47.1% |
| LULU Lululemon Athletica Inc. | 0.59% | 14,064 | $4.2M | New |
Portfolio Sells Q1 2024 → Q2 2024
| SBUX Starbucks Corp. | Sold out | 0.00% | −2.17 |
| KR Kroger Co. | Sold out | 0.00% | −1.78 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −1.03 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.91 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.86 |
| BJ Bj's Wholesale Club Holdings | Reduce -50.3% | 1.01% | −0.82 |
| TSCO Tractor Supply Company | Reduce -38.5% | 1.05% | −0.68 |
| TTC Toro Co. | Reduce -38.7% | 0.82% | −0.55 |
| EL Estee Lauder Companies Class A | Reduce -0.7% | 1.04% | −0.55 |
| MTD Mettler-Toledo International | Reduce -34.8% | 1.02% | −0.54 |
| HCA HCA Healthcare Inc. | Reduce -21.1% | 1.41% | −0.53 |
| CSCO Cisco Systems Inc. | Reduce -22.5% | 1.26% | −0.53 |
| PEP Pepsico Inc. | Reduce -10.5% | 2.04% | −0.49 |
| JNJ Johnson & Johnson | Reduce -8.4% | 1.99% | −0.47 |
| EW Edwards Lifesciences Corp. | Reduce -19.2% | 1.33% | −0.45 |
| COST Costco Wholesale Corp. | Reduce -47.1% | 0.63% | −0.44 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -24.4% | 1.01% | −0.35 |
| MSI Motorola Solutions Inc. | Reduce -22.9% | 1.10% | −0.27 |
| MSFT Microsoft Corp. | Reduce -5.6% | 6.40% | −0.27 |
| KO The Coca-Cola Co. | Reduce -17.2% | 1.24% | −0.26 |
| WMS Advanced Drainage Systems Inc. | Reduce -8.9% | 1.07% | −0.25 |
| ORCL Oracle Corp. | Reduce -19.3% | 1.39% | −0.21 |
| AXP American Express Co. | Reduce -12.3% | 1.18% | −0.20 |
| HD Home Depot Inc. | Reduce -0.7% | 1.10% | −0.19 |
| A Agilent Technologies Inc. | Reduce -0.7% | 0.94% | −0.17 |
| MRSH Marsh & McLennan Cos | Reduce -7.8% | 1.37% | −0.15 |
| HLI Houlihan Lokey Inc. | Reduce -12.7% | 1.00% | −0.14 |
| CTSH Cognizant Tech Solutions-A | Reduce -0.7% | 0.96% | −0.13 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.7% | 1.17% | −0.12 |
| ADP Automatic Data Processing | Reduce -0.7% | 1.22% | −0.12 |
| JKHY Jack Henry & Associates Inc. | Reduce -0.7% | 1.12% | −0.11 |
| SCI Service Corp. International | Reduce -0.7% | 1.11% | −0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -13.9% | 6.99% | −0.04 |
| ZTS Zoetis Inc. | Reduce -0.7% | 1.46% | −0.04 |
| SPGI S&P Global Inc. | Reduce -0.7% | 1.09% | −0.00 |
| MCO Moody's Corp. | Reduce -0.7% | 0.88% | +0.02 |
| AMGN Amgen Inc. | Reduce -0.7% | 0.73% | +0.03 |
| HUM Humana Inc. | Reduce -0.7% | 1.52% | +0.04 |
| ANET Arista Networks Inc. | Reduce -0.7% | 1.06% | +0.14 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | New | 5.96% | +5.96 |
| ROK Rockwell Automation Inc. | New | 1.15% | +1.15 |
| AMZN Amazon.com Inc. | Add +81.7% | 2.33% | +1.08 |
| QCOM Qualcomm Inc. | New | 1.08% | +1.08 |
| ADBE Adobe Inc. | Add +67.6% | 1.95% | +0.84 |
| MA Mastercard Inc. Class A | Add +73.1% | 2.44% | +0.83 |
| V Visa Inc. Class A | Add +65.0% | 2.44% | +0.80 |
| VRRM Verra Mobility Corp. | New | 0.70% | +0.70 |
| ULTA Ulta Beauty Inc. | New | 0.64% | +0.64 |
| FBIN Fortune Brands Innovations I | New | 0.63% | +0.63 |
| BKNG Booking Holdings Inc. | Add +54.7% | 1.64% | +0.63 |
| LULU Lululemon Athletica Inc. | New | 0.59% | +0.59 |
| COR Cencora Inc. | Add +56.3% | 2.02% | +0.56 |
| FISV Fiserv Inc. | Add +31.7% | 2.38% | +0.36 |
| ACN Accenture PLC Class A | Add +41.1% | 1.98% | +0.31 |
| YETI Yeti Holdings Inc. | Add +49.7% | 0.97% | +0.29 |
| UNH Unitedhealth Group Inc. | Add +3.7% | 3.93% | +0.08 |
| MCD McDonald's Corp. | Add +23.6% | 1.01% | +0.07 |
| BR Broadridge Financial Solutio | Add +11.5% | 1.22% | +0.03 |
| G Genpact Ltd. | Add +8.9% | 1.69% | +0.03 |
| VEEV Veeva Systems Inc. Class A | Add +36.2% | 0.87% | +0.02 |
| FDS Factset Research Systems Inc. | Add +17.9% | 0.96% | +0.01 |
| MSCI MSCI Inc. | Add +21.2% | 1.06% | −0.00 |
| AON Aon PLC Class A | Add +16.2% | 2.27% | −0.05 |
| NKE Nike Inc. Class B | Add +22.0% | 1.87% | −0.13 |
| KEYS Keysight Technologies Inc. | Add +10.1% | 1.53% | −0.13 |
| POOL Pool Corp. | Add +16.7% | 1.08% | −0.19 |
| CRL Charles River Laboratories | Add +15.9% | 1.30% | −0.24 |
| PCTY Paylocity Holding Corp. | Add +18.1% | 1.60% | −0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 63 | $374.5M | NVDA, GOOGL, MSFT, AMZN, AVGO |
| Q1 2026 | 61 | $339.8M | NVDA, MSFT, GOOGL, AAPL, AMZN |
| Q4 2025 | 59 | $374.1M | NVDA, GOOGL, MSFT, AMZN, AAPL |
| Q3 2025 | 63 | $365.9M | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q2 2025 | 62 | $453.5M | NVDA, MSFT, GOOGL, AMZN, AAPL |
| Q1 2025 | 66 | $543.5M | MSFT, NVDA, GOOGL, AMZN, AAPL |
| Q4 2024 | 64 | $549.1M | GOOGL, MSFT, AMZN, NVDA, AAPL |
| Q3 2024 | 64 | $545.9M | MSFT, GOOGL, AMZN, AAPL, UNH |
| Q2 2024 | 63 | $712.9M | GOOGL, MSFT, AAPL, UNH, V |
| Q1 2024 | 61 | $682.3M | GOOGL, MSFT, UNH, PEP, JNJ |