Bell Asset Management Ltd
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $28.4M | 124,297 | +0.92pp | 9q | -28.8%-$11.5M | |
| ALPHABET INC | GOOGL | $20.4M | 59,294 | +0.12pp | 32q | -22.0%-$5.8M | |
| MICROSOFT CORP | MSFT | $20.1M | 39,176 | +1.44pp | 27q | -32.9%-$9.9M | |
| AMAZON COM INC | AMZN | $13.0M | 52,297 | +0.15pp | 22q | -26.9%-$4.8M | |
| BROADCOM INC | AVGO | $10.8M | 30,680 | -0.14pp | 8q | -23.3%-$3.3M | |
| APPLE INC | AAPL | $9.0M | 26,952 | -0.02pp | 10q | -36.3%-$5.1M | |
| META PLATFORMS INC | META | $7.1M | 9,856 | +0.28pp | 7q | -35.6%-$3.9M | |
| VISA INC | V | $4.3M | 11,932 | -0.85pp | 32q | -54.5%-$5.1M | |
| NETFLIX INC | NFLX | $4.2M | 60,716 | +0.05pp | 5q | -21.8%-$1.2M | |
| UNITEDHEALTH GROUP INC | UNH | $4.1M | 11,096 | +0.21pp | 32q | -2.3%-$96.9K | |
| MASTERCARD INCORPORATED | MA | $3.9M | 7,141 | -0.51pp | 32q | -49.4%-$3.8M | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $3.9M | 8,499 | +0.06pp | 7q | -19.1%-$913.3K | |
| JPMORGAN CHASE & CO | JPM | $3.8M | 11,525 | -1.26pp | 4q | -61.9%-$6.2M | |
| S&P GLOBAL INC | SPGI | $3.8M | 9,637 | +0.07pp | 32q | -19.5%-$921.9K | |
| CADENCE DESIGN SYSTEM INC | CDNS | $3.8M | 11,478 | - | new | NEW | |
| KEYSIGHT TECHNOLOGIES INC | KEYS | $3.6M | 9,798 | - | new | NEW | |
| APPLIED MATLS INC | AMAT | $3.5M | 6,928 | +0.38pp | 2q | +48.8%+$1.2M | |
| AMPHENOL CORP | APH | $3.5M | 41,826 | +0.07pp | 2q | +64.0%+$1.4M | |
| ABBOTT LABORATORIES | ABT | $3.2M | 32,308 | flat | 3q | -32.3%-$1.5M | |
| TERADYNE INC | TER | $3.1M | 7,608 | - | new | NEW | |
| AUTODESK INC | ADSK | $3.0M | 14,289 | +0.12pp | 3q | -22.9%-$887.4K | |
| VEEVA SYS INC | VEEV | $3.0M | 10,350 | -0.23pp | 19q | -62.3%-$4.9M | |
| BOOKING HOLDINGS INC | BKNG | $2.9M | 17,842 | +0.02pp | 13q | -17.5%-$614.5K | |
| ABBVIE INC | ABBV | $2.8M | 10,833 | -0.38pp | 3q | -48.2%-$2.6M | |
| TE CONNECTIVITY PLC | TEL | $2.8M | 13,384 | -0.05pp | 3q | -32.8%-$1.4M | |
| AMERICAN EXPRESS CO | AXP | $2.8M | 9,289 | flat | 3q | -17.9%-$616.4K | |
| ORACLE CORP | ORCL | $2.8M | 20,546 | +0.05pp | 32q | -16.7%-$566.9K | |
| LINCOLN ELEC HLDGS INC | LECO | $2.8M | 10,583 | - | new | NEW | |
| MCDONALDS CORP | MCD | $2.8M | 12,098 | -0.06pp | 4q | -18.4%-$628.6K | |
| STRYKER CORPORATION | SYK | $2.8M | 10,138 | +0.13pp | 2q | -3.5%-$102.7K | |
| LPL FINL HLDGS INC | LPLA | $2.8M | 9,116 | -0.17pp | 4q | -41.9%-$2.0M | |
| HCA HEALTHCARE INC | HCA | $2.8M | 6,526 | flat | 2q | -32.3%-$1.3M | |
| MARSH & MCLENNAN COS INC | MRSH | $2.8M | 16,241 | -0.35pp | 32q | -46.6%-$2.4M | |
| BROADRIDGE FINL SOLUTIONS IN | BR | $2.8M | 17,180 | +0.09pp | 31q | -30.7%-$1.2M | |
| IDEXX LABS INC | IDXX | $2.7M | 5,237 | - | new | NEW | |
| INTUITIVE SURGICAL INC | ISRG | $2.7M | 6,601 | - | new | NEW | |
| MERCADOLIBRE INC | MELI | $2.7M | 1,544 | -0.07pp | 3q | -32.1%-$1.3M | |
| VERTIV HOLDINGS CO | VRT | $2.7M | 11,047 | - | new | NEW | |
| EATON CORP PLC | ETN | $2.7M | 6,189 | -0.36pp | 2q | -46.7%-$2.3M | |
| MOTOROLA SOLUTIONS INC | MSI | $2.7M | 5,959 | -0.18pp | 6q | -42.1%-$1.9M | |
| ELI LILLY & CO | LLY | $2.6M | 2,269 | -0.13pp | 8q | -32.5%-$1.3M | |
| UBER TECHNOLOGIES INC | UBER | $2.6M | 37,988 | -0.15pp | 7q | -32.6%-$1.3M | |
| QUALCOMM INC | QCOM | $2.6M | 14,126 | - | new | NEW | |
| WASTE MGMT INC DEL | WM | $2.6M | 12,659 | -0.39pp | 5q | -42.9%-$1.9M | |
| SERVICENOW INC | NOW | $2.6M | 19,247 | +0.12pp | 3q | -37.4%-$1.5M | |
| LOWES COS INC | LOW | $2.5M | 13,756 | -0.29pp | 2q | -32.6%-$1.2M | |
| ADVANCED DRAIN SYS INC DEL | WMS | $2.5M | 19,871 | -0.33pp | 15q | -32.9%-$1.2M | |
| HOULIHAN LOKEY INC | HLI | $2.5M | 19,859 | -0.01pp | 13q | -22.7%-$735.9K | |
| GE HEALTHCARE TECHNOLOGIES I | GEHC | $2.5M | 38,307 | +0.24pp | 2q | -2.2%-$57.0K | |
| MSCI INC | MSCI | $2.5M | 4,645 | +0.26pp | 14q | +7.4%+$172.9K | |
| CENCORA INC | COR | $2.5M | 8,303 | -0.24pp | 32q | -44.9%-$2.0M | |
| CBOE GLOBAL MKTS INC | CBOE | $2.5M | 9,018 | - | new | NEW | |
| SERVICE CORP INTL | SCI | $2.5M | 32,184 | -0.10pp | 32q | -33.6%-$1.2M | |
| AGILENT TECHNOLOGIES INC | A | $2.4M | 14,058 | -0.20pp | 3q | -53.5%-$2.8M | |
| SPOTIFY TECHNOLOGY S A | SPOT | $2.4M | 4,839 | -0.12pp | 2q | -39.2%-$1.5M | |
| PEPSICO INC | PEP | $2.3M | 17,892 | - | new | NEW | |
| ACCENTURE PLC IRELAND | ACN | $2.2M | 12,203 | -0.28pp | 32q | -62.8%-$3.8M | |
| THERMO FISHER SCIENTIFIC INC | TMO | $2.2M | 3,242 | -0.83pp | 14q | -73.2%-$6.0M | |
| CORE & MAIN INC | CNM | $2.1M | 50,427 | -0.22pp | 8q | -33.1%-$1.0M | |
| DEXCOM INC | DXCM | $2.0M | 23,564 | -0.16pp | 5q | -52.9%-$2.3M | |
| BOOT BARN HLDGS INC | BOOT | $2.0M | 16,720 | -0.36pp | 5q | -32.3%-$962.4K | |
| TJX COS INC NEW | TJX | $2.0M | 15,122 | - | new | NEW | |
| CATERPILLAR INC | CAT | $2.0M | 2,443 | - | new | NEW | |
| BJS WHSL CLUB HLDGS INC | BJ | $2.0M | 21,497 | -0.10pp | 14q | -38.5%-$1.2M | |
| CDW CORP | CDW | $2.0M | 15,352 | -0.36pp | 3q | -46.0%-$1.7M | |
| METTLER TOLEDO INTERNATIONAL | MTD | $1.8M | 1,165 | -0.44pp | 32q | -62.9%-$3.0M | |
| MOODYS CORP | MCO | $1.7M | 3,650 | -0.05pp | 27q | -32.2%-$786.1K | |
| DICKS SPORTING GOODS INC | DKS | $1.6M | 11,978 | -0.49pp | 3q | -32.4%-$769.6K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $62.8M | 22.7% |
| Semiconductors & Electronics | $58.0M | 21.0% |
| Business Services | $28.9M | 10.4% |
| Retail & Consumer | $27.9M | 10.1% |
| Biotech & Pharma | $15.6M | 5.6% |
| Medical Devices | $10.0M | 3.6% |
| Computer Hardware | $9.0M | 3.2% |
| Instruments & Controls | $8.8M | 3.2% |
| Capital Markets | $7.8M | 2.8% |
| Industrials | $7.4M | 2.7% |
| Wholesale & Distribution | $7.4M | 2.7% |
| Insurance | $6.8M | 2.5% |
| Other sectors | $26.3M | 9.5% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +6.8% | +14.8% | -8.0% | 100% |
| Q1 2026 | -8.2% | -4.6% | -3.5% | 99% |
| Q4 2025 | +1.1% | +2.4% | -1.3% | 100% |
| Q3 2025 | +6.8% | +7.8% | -1.0% | 100% |
| Q2 2025 | +11.4% | +10.5% | +0.9% | 100% |
| Q1 2025 | -4.6% | -4.6% | -0.0% | 100% |
| Q4 2024 | +1.1% | +2.1% | -1.1% | 100% |
| Q3 2024 | +7.3% | +5.4% | +1.9% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $276.8M | 68 | 12 | 3 | 53 | 7 | 43.9% | 8 |
| Q2 2026 | $374.5M | 63 | 9 | 35 | 17 | 7 | 43.5% | 45 |
| Q1 2026 | $339.8M | 61 | 11 | 21 | 29 | 9 | 45.6% | 29 |
| Q4 2025 | $374.1M | 59 | 6 | 37 | 14 | 10 | 44.1% | 48 |
| Q3 2025 | $365.9M | 63 | 8 | 7 | 48 | 7 | 43.2% | 44 |
| Q2 2025 | $453.5M | 62 | 5 | 12 | 45 | 9 | 41.3% | 44 |
| Q1 2025 | $543.5M | 66 | 5 | 26 | 35 | 3 | 37.9% | 44 |
| Q4 2024 | $549.1M | 64 | 8 | 19 | 35 | 8 | 39.5% | 44 |
| Q3 2024 | $545.9M | 64 | 2 | 8 | 54 | 1 | 35.6% | 44 |
| Q2 2024 | $712.9M | 63 | 7 | 22 | 34 | 5 | 37.2% | 44 |
| Q1 2024 | $682.3M | 61 | 0 | 16 | 21 | 3 | 33.0% | 44 |
| Q4 2023 | $655.7M | 64 | 4 | 21 | 27 | 3 | 31.8% | 44 |
| Q3 2023 | $607.6M | 63 | 5 | 40 | 16 | 4 | 30.6% | 44 |
| Q2 2023 | $584.5M | 62 | 5 | 22 | 18 | 3 | 28.3% | 42 |
| Q1 2023 | $547.1M | 60 | 3 | 22 | 32 | 3 | 31.8% | 42 |
| Q4 2022 | $534.1M | 60 | 4 | 17 | 38 | 1 | 29.0% | 44 |
| Q3 2022 | $493.1M | 57 | 1 | 27 | 27 | 2 | 30.2% | 41 |
| Q2 2022 | $506.9M | 58 | 1 | 45 | 12 | 0 | 31.9% | 43 |
| Q1 2022 | $581.0M | 57 | 4 | 22 | 25 | 2 | 33.8% | 43 |
| Q4 2021 | $620.3M | 55 | 0 | 36 | 17 | 4 | 33.0% | 42 |
| Q3 2021 | $586.4M | 59 | 1 | 46 | 11 | 3 | 32.1% | 43 |
| Q2 2021 | $511.2M | 61 | 2 | 7 | 42 | 1 | 31.7% | 44 |
| Q1 2021 | $465.7M | 60 | 4 | 21 | 34 | 4 | 31.0% | 44 |
| Q4 2020 | $457.0M | 60 | 2 | 38 | 20 | 2 | 29.2% | 43 |
| Q3 2020 | $401.9M | 60 | 3 | 33 | 17 | 3 | 28.0% | 44 |
| Q2 2020 | $368.7M | 60 | 2 | 16 | 28 | 3 | 27.8% | 44 |
| Q1 2020 | $320.9M | 61 | 6 | 39 | 12 | 12 | 26.9% | 44 |
| Q4 2019 | $388.8M | 67 | 7 | 0 | 60 | 6 | 25.5% | 44 |
| Q3 2019 | $651.2M | 66 | 6 | 22 | 18 | 3 | 26.2% | 44 |
| Q2 2019 | $616.8M | 63 | 2 | 19 | 22 | 0 | 26.7% | 44 |
| Q1 2019 | $581.8M | 61 | 2 | 44 | 15 | 3 | 26.7% | 11 |
| Q4 2018 | $476.0M | 62 | 0 | 0 | 0 | 0 | 26.4% | 22 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.