Bell Asset Management Ltd
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Bell Asset Management Ltd reported 64 stock positions worth $545.9 million. Its top holding was Microsoft (MSFT) at 7.1% of the portfolio, followed by Alphabet Class A (GOOGL, 6.5%) and Amazon.com (AMZN, 4.1%). Compared with Q2 2024, it opened 2 new positions, sold out of 1, added to 8 and reduced 54. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale Apple (AAPL, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- Melbourne, C3
- CIK
- 0001681004
- Portfolio Value
- $545.9M (Q3 2024)
- SEC Filing
- 0001012975-24-000470 ↗ filed Nov 13, 2024
Holdings Value
Holdings 64 stocks · $545.9M
| MSFT Microsoft Corp. | 7.13% | 90,385 | $38.9M | Reduce -11.4% |
| GOOGL Alphabet Inc. Class A | 6.45% | 212,357 | $35.2M | Reduce -22.4% |
| AMZN Amazon.com Inc. | 4.09% | 119,887 | $22.3M | Add +39.2% |
| AAPL Apple Inc. | 3.28% | 76,901 | $17.9M | Reduce -61.9% |
| UNH Unitedhealth Group Inc. | 2.95% | 27,574 | $16.1M | Reduce -49.9% |
| FISV Fiserv Inc. | 2.72% | 82,736 | $14.9M | Reduce -27.4% |
| NVDA Nvidia Corp. | 2.37% | 106,664 | $13.0M | New |
| ACN Accenture PLC Class A | 2.34% | 36,085 | $12.8M | Reduce -22.4% |
| MA Mastercard Inc. Class A | 2.16% | 23,895 | $11.8M | Reduce -39.4% |
| V Visa Inc. Class A | 2.05% | 40,774 | $11.2M | Reduce -38.6% |
| QCOM Qualcomm Inc. | 2.03% | 65,075 | $11.1M | Add +69.0% |
| PEP Pepsico Inc. | 1.98% | 63,674 | $10.8M | Reduce -27.9% |
| CSCO Cisco Systems Inc. | 1.97% | 201,779 | $10.7M | Add +6.4% |
| COR Cencora Inc. | 1.91% | 46,281 | $10.4M | Reduce -27.6% |
| ADBE Adobe Inc. | 1.72% | 18,096 | $9.4M | Reduce -27.6% |
| BKNG Booking Holdings Inc. | 1.69% | 2,190 | $9.2M | Reduce -25.8% |
| JNJ Johnson & Johnson | 1.66% | 55,948 | $9.1M | Reduce -42.3% |
| KEYS Keysight Technologies Inc. | 1.57% | 53,955 | $8.6M | Reduce -32.4% |
| WMS Advanced Drainage Systems Inc. | 1.53% | 53,009 | $8.3M | Add +11.2% |
| PCTY Paylocity Holding Corp. | 1.52% | 50,300 | $8.3M | Reduce -41.8% |
| HCA HCA Healthcare Inc. | 1.45% | 19,504 | $7.9M | Reduce -37.5% |
| ORCL Oracle Corp. | 1.44% | 46,224 | $7.9M | Reduce -34.2% |
| NKE Nike Inc. Class B | 1.42% | 87,646 | $7.7M | Reduce -50.4% |
| ULTA Ulta Beauty Inc. | 1.38% | 19,367 | $7.5M | Add +63.4% |
| ROK Rockwell Automation Inc. | 1.33% | 26,993 | $7.2M | Reduce -9.1% |
| AON Aon PLC Class A | 1.30% | 20,450 | $7.1M | Reduce -62.9% |
| ZTS Zoetis Inc. | 1.30% | 36,210 | $7.1M | Reduce -39.8% |
| POOL Pool Corp. | 1.25% | 18,139 | $6.8M | Reduce -27.6% |
| TMO Thermo Fisher Scientific Inc. | 1.24% | 10,970 | $6.8M | Reduce -27.3% |
| HD Home Depot Inc. | 1.22% | 16,500 | $6.7M | Reduce -27.6% |
| FDS Factset Research Systems Inc. | 1.20% | 14,196 | $6.5M | Reduce -15.3% |
| ADP Automatic Data Processing | 1.20% | 23,585 | $6.5M | Reduce -35.4% |
| AXP American Express Co. | 1.18% | 23,811 | $6.5M | Reduce -34.7% |
| FBIN Fortune Brands Innovations I | 1.18% | 72,051 | $6.5M | Add +3.6% |
| MRSH Marsh & McLennan Cos | 1.18% | 28,870 | $6.4M | Reduce -37.8% |
| EW Edwards Lifesciences Corp. | 1.18% | 97,327 | $6.4M | Reduce -5.4% |
| BR Broadridge Financial Solutio | 1.15% | 29,222 | $6.3M | Reduce -34.0% |
| ZBRA Zebra Technologies Corp. Class A | 1.14% | 16,767 | $6.2M | Reduce -27.7% |
| MCD McDonald's Corp. | 1.14% | 20,380 | $6.2M | Reduce -27.8% |
| ANET Arista Networks Inc. | 1.13% | 16,046 | $6.2M | Reduce -25.5% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 1.13% | 34,805 | $6.1M | Reduce -27.6% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 1.12% | 74,427 | $6.1M | Reduce -9.4% |
| SPGI S&P Global Inc. | 1.10% | 11,657 | $6.0M | Reduce -33.0% |
| G Genpact Ltd. | 1.10% | 153,237 | $6.0M | Reduce -59.0% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 1.09% | 59,423 | $5.9M | Reduce -14.8% |
| HUM Humana Inc. | 1.07% | 18,502 | $5.9M | Reduce -36.1% |
| TSCO Tractor Supply Company | 1.07% | 19,997 | $5.8M | Reduce -27.6% |
| CRL Charles River Laboratories | 1.05% | 29,171 | $5.7M | Reduce -34.9% |
| CTSH Cognizant Tech Solutions-A | 1.02% | 72,363 | $5.6M | Reduce -28.0% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.99% | 131,969 | $5.4M | Reduce -27.4% |
| SCI Service Corp. International | 0.94% | 64,914 | $5.1M | Reduce -41.5% |
| MSCI MSCI Inc. | 0.94% | 8,772 | $5.1M | Reduce -44.2% |
| VRRM Verra Mobility Corp. | 0.94% | 183,871 | $5.1M | Add +0.7% |
| HLI Houlihan Lokey Inc. | 0.92% | 31,876 | $5.0M | Reduce -39.8% |
| KO The Coca-Cola Co. | 0.92% | 69,605 | $5.0M | Reduce -49.8% |
| LULU Lululemon Athletica Inc. | 0.87% | 17,441 | $4.7M | Add +24.0% |
| MTD Mettler-Toledo International | 0.81% | 2,957 | $4.4M | Reduce -43.2% |
| MSI Motorola Solutions Inc. | 0.81% | 9,774 | $4.4M | Reduce -51.9% |
| NFLX Netflix Inc. | 0.80% | 6,192 | $4.4M | New |
| VEEV Veeva Systems Inc. Class A | 0.79% | 20,551 | $4.3M | Reduce -39.4% |
| TTC Toro Co. | 0.72% | 45,095 | $3.9M | Reduce -27.7% |
| MCO Moody's Corp. | 0.61% | 7,055 | $3.3M | Reduce -52.4% |
| COST Costco Wholesale Corp. | 0.61% | 3,760 | $3.3M | Reduce -28.9% |
| AMGN Amgen Inc. | 0.46% | 7,733 | $2.5M | Reduce -53.9% |
Portfolio Sells Q2 2024 → Q3 2024
| AAPL Apple Inc. | Reduce -61.9% | 3.28% | −2.68 |
| UNH Unitedhealth Group Inc. | Reduce -49.9% | 2.95% | −0.97 |
| AON Aon PLC Class A | Reduce -62.9% | 1.30% | −0.97 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.94 |
| G Genpact Ltd. | Reduce -59.0% | 1.10% | −0.59 |
| GOOGL Alphabet Inc. Class A | Reduce -22.4% | 6.45% | −0.54 |
| NKE Nike Inc. Class B | Reduce -50.4% | 1.42% | −0.45 |
| HUM Humana Inc. | Reduce -36.1% | 1.07% | −0.44 |
| V Visa Inc. Class A | Reduce -38.6% | 2.05% | −0.39 |
| JNJ Johnson & Johnson | Reduce -42.3% | 1.66% | −0.33 |
| KO The Coca-Cola Co. | Reduce -49.8% | 0.92% | −0.32 |
| MSI Motorola Solutions Inc. | Reduce -51.9% | 0.81% | −0.30 |
| AMGN Amgen Inc. | Reduce -53.9% | 0.46% | −0.28 |
| MA Mastercard Inc. Class A | Reduce -39.4% | 2.16% | −0.28 |
| MCO Moody's Corp. | Reduce -52.4% | 0.61% | −0.26 |
| CRL Charles River Laboratories | Reduce -34.9% | 1.05% | −0.25 |
| ADBE Adobe Inc. | Reduce -27.6% | 1.72% | −0.23 |
| MTD Mettler-Toledo International | Reduce -43.2% | 0.81% | −0.21 |
| MRSH Marsh & McLennan Cos | Reduce -37.8% | 1.18% | −0.19 |
| SCI Service Corp. International | Reduce -41.5% | 0.94% | −0.17 |
| ZTS Zoetis Inc. | Reduce -39.8% | 1.30% | −0.17 |
| EW Edwards Lifesciences Corp. | Reduce -5.4% | 1.18% | −0.16 |
| MSCI MSCI Inc. | Reduce -44.2% | 0.94% | −0.13 |
| COR Cencora Inc. | Reduce -27.6% | 1.91% | −0.11 |
| TTC Toro Co. | Reduce -27.7% | 0.72% | −0.10 |
| VEEV Veeva Systems Inc. Class A | Reduce -39.4% | 0.79% | −0.08 |
| HLI Houlihan Lokey Inc. | Reduce -39.8% | 0.92% | −0.08 |
| PCTY Paylocity Holding Corp. | Reduce -41.8% | 1.52% | −0.08 |
| BR Broadridge Financial Solutio | Reduce -34.0% | 1.15% | −0.07 |
| PEP Pepsico Inc. | Reduce -27.9% | 1.98% | −0.06 |
| ADP Automatic Data Processing | Reduce -35.4% | 1.20% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -28.9% | 0.61% | −0.02 |
| AXP American Express Co. | Reduce -34.7% | 1.18% | −0.00 |
| JKHY Jack Henry & Associates Inc. | Reduce -27.6% | 1.13% | +0.01 |
| SPGI S&P Global Inc. | Reduce -33.0% | 1.10% | +0.02 |
| YETI Yeti Holdings Inc. | Reduce -27.4% | 0.99% | +0.02 |
| TSCO Tractor Supply Company | Reduce -27.6% | 1.07% | +0.02 |
| KEYS Keysight Technologies Inc. | Reduce -32.4% | 1.57% | +0.04 |
| EL Estee Lauder Companies Class A | Reduce -14.8% | 1.09% | +0.04 |
| HCA HCA Healthcare Inc. | Reduce -37.5% | 1.45% | +0.05 |
| BKNG Booking Holdings Inc. | Reduce -25.8% | 1.69% | +0.05 |
| ORCL Oracle Corp. | Reduce -34.2% | 1.44% | +0.05 |
| CTSH Cognizant Tech Solutions-A | Reduce -28.0% | 1.02% | +0.06 |
| ANET Arista Networks Inc. | Reduce -25.5% | 1.13% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -27.3% | 1.24% | +0.07 |
| BJ Bj's Wholesale Club Holdings | Reduce -9.4% | 1.12% | +0.11 |
| HD Home Depot Inc. | Reduce -27.6% | 1.22% | +0.12 |
| MCD McDonald's Corp. | Reduce -27.8% | 1.14% | +0.13 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -27.7% | 1.14% | +0.13 |
| POOL Pool Corp. | Reduce -27.6% | 1.25% | +0.17 |
Portfolio Buys Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | New | 2.37% | +2.37 |
| AMZN Amazon.com Inc. | Add +39.2% | 4.09% | +1.76 |
| QCOM Qualcomm Inc. | Add +69.0% | 2.03% | +0.95 |
| NFLX Netflix Inc. | New | 0.80% | +0.80 |
| ULTA Ulta Beauty Inc. | Add +63.4% | 1.38% | +0.74 |
| CSCO Cisco Systems Inc. | Add +6.4% | 1.97% | +0.70 |
| FBIN Fortune Brands Innovations I | Add +3.6% | 1.18% | +0.55 |
| WMS Advanced Drainage Systems Inc. | Add +11.2% | 1.53% | +0.45 |
| LULU Lululemon Athletica Inc. | Add +24.0% | 0.87% | +0.28 |
| VRRM Verra Mobility Corp. | Add +0.7% | 0.94% | +0.24 |
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 |