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Magellan Asset Management Ltd

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13F filer, CIK 1536105, Sydney, Australia

Magellan Asset Management Ltd reported $8,226,592,467 across 80 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-11. Its ten largest share positions make up 47.06% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001536105-26-000004

Period
2025-12-31
Reported value
$8.23B
Holdings
80
Top 10 weight
47.06%
New
0
Sold out
2

Part of the filer group Magellan Asset Management Ltd

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NFLXadded+1,517,642$142M
LNTadded+626,730$40.7M
SPGIadded+77,176$40.3M
CCIadded+396,096$35.2M
MSFTadded+32,613$15.8M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
GOOGLreduced-214,680-$67.2M
AMZNreduced-179,545-$41.4M
TSMreduced-105,047-$31.9M
CMGreduced-826,005-$30.6M
SYKreduced-80,115-$28.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001536105-26-000004, largest first. % of portfolio is the value over $8,226,592,467, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,545,439 shares; 2024Q4: 3,219,942 shares; 2025Q1: 3,028,622 shares; 2025Q2: 3,153,873 shares; 2025Q3: 2,958,237 shares; 2025Q4: 2,778,692 shares 2,778,692$641M7.8%-179,545Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,380,486 shares; 2024Q4: 1,552,169 shares; 2025Q1: 1,664,891 shares; 2025Q2: 1,413,374 shares; 2025Q3: 1,230,618 shares; 2025Q4: 1,263,231 shares 1,263,231$611M7.43%+32,613Timeline
ESEVERSOURCE ENERGYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,583,963 shares; 2024Q4: 6,474,477 shares; 2025Q1: 6,876,343 shares; 2025Q2: 6,952,127 shares; 2025Q3: 7,406,785 shares; 2025Q4: 6,989,415 shares 6,989,415$471M5.72%-417,370Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 449,121 shares; 2024Q4: 1,552,393 shares; 2025Q1: 1,802,407 shares; 2025Q2: 1,925,700 shares; 2025Q3: 1,506,205 shares; 2025Q4: 1,401,158 shares 1,401,158$426M5.18%-105,047Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 677,707 shares; 2024Q4: 747,164 shares; 2025Q1: 699,865 shares; 2025Q2: 656,760 shares; 2025Q3: 652,209 shares; 2025Q4: 631,398 shares 631,398$360M4.38%-20,811Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 737,438 shares; 2024Q4: 625,106 shares; 2025Q1: 591,705 shares; 2025Q2: 634,157 shares; 2025Q3: 462,521 shares; 2025Q4: 467,995 shares 467,995$309M3.76%+5,474Timeline
YUMYUM BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,944,304 shares; 2024Q4: 2,064,738 shares; 2025Q1: 1,697,709 shares; 2025Q2: 2,306,932 shares; 2025Q3: 2,134,452 shares; 2025Q4: 1,988,118 shares 1,988,118$301M3.66%-146,334Timeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 620,837 shares; 2024Q4: 635,550 shares; 2025Q1: 557,912 shares; 2025Q2: 822,867 shares; 2025Q3: 811,526 shares; 2025Q4: 811,738 shares 811,738$268M3.26%+212Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,323,700 shares; 2024Q4: 978,707 shares; 2025Q1: 892,713 shares; 2025Q2: 876,673 shares; 2025Q3: 760,847 shares; 2025Q4: 711,707 shares 711,707$250M3.03%-49,140Timeline
PGPROCTER & GAMBLE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,541 shares; 2024Q4: 17,050 shares; 2025Q1: 1,141,295 shares; 2025Q2: 1,710,393 shares; 2025Q3: 1,637,768 shares; 2025Q4: 1,642,678 shares 1,642,678$235M2.86%+4,910Timeline
ICEINTERCONTINENTAL EXCHANGE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,276,353 shares; 2024Q4: 1,980,736 shares; 2025Q1: 1,507,322 shares; 2025Q2: 1,452,509 shares; 2025Q3: 1,359,146 shares; 2025Q4: 1,259,320 shares 1,259,320$204M2.48%-99,826Timeline
INTUINTUITQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 488,363 shares; 2024Q4: 399,306 shares; 2025Q1: 333,937 shares; 2025Q2: 263,001 shares; 2025Q3: 285,052 shares; 2025Q4: 305,521 shares 305,521$202M2.46%+20,469Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,019,342 shares; 2024Q4: 1,427,667 shares; 2025Q1: 1,469,759 shares; 2025Q2: 1,117,514 shares; 2025Q3: 859,489 shares; 2025Q4: 644,809 shares 644,809$202M2.45%-214,680Timeline
SRESEMPRAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,080,726 shares; 2024Q4: 2,660,091 shares; 2025Q1: 2,545,397 shares; 2025Q2: 2,257,996 shares; 2025Q3: 2,238,316 shares; 2025Q4: 2,166,850 shares 2,166,850$191M2.33%-71,466Timeline
AMTAMERICAN TOWER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 929,420 shares; 2024Q4: 993,577 shares; 2025Q1: 895,447 shares; 2025Q2: 837,281 shares; 2025Q3: 1,005,151 shares; 2025Q4: 1,071,779 shares 1,071,779$188M2.29%+66,628Timeline
MSCIMSCI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 379 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 305,011 shares; 2025Q3: 341,787 shares; 2025Q4: 317,580 shares 317,580$182M2.21%-24,207Timeline
CMECME GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,994 shares; 2024Q4: 422 shares; 2025Q1: 369 shares; 2025Q2: 486,067 shares; 2025Q3: 645,636 shares; 2025Q4: 652,160 shares 652,160$178M2.16%+6,524Timeline
EVRGEVERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 197,170 shares; 2024Q4: 162,386 shares; 2025Q1: 155,694 shares; 2025Q2: 2,364,493 shares; 2025Q3: 2,444,381 shares; 2025Q4: 2,409,310 shares 2,409,310$175M2.12%-35,071Timeline
DDOMINION ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,194,148 shares; 2024Q4: 3,955,452 shares; 2025Q1: 3,668,349 shares; 2025Q2: 3,636,969 shares; 2025Q3: 2,826,628 shares; 2025Q4: 2,815,414 shares 2,815,414$165M2.01%-11,214Timeline
CCICROWN CASTLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,683,401 shares; 2024Q4: 1,622,339 shares; 2025Q1: 1,501,557 shares; 2025Q2: 1,331,222 shares; 2025Q3: 1,394,248 shares; 2025Q4: 1,790,344 shares 1,790,344$159M1.93%+396,096Timeline
XELXCEL ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,753,409 shares; 2024Q4: 2,400,124 shares; 2025Q1: 2,073,305 shares; 2025Q2: 2,003,050 shares; 2025Q3: 2,125,537 shares; 2025Q4: 2,111,509 shares 2,111,509$156M1.9%-14,028Timeline
NFLXNETFLIX INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 487,383 shares; 2024Q4: 353,848 shares; 2025Q1: 300,075 shares; 2025Q2: 218,054 shares; 2025Q3: 118,566 shares; 2025Q4: 1,636,208 shares 1,636,208$153M1.86%+1,517,642Timeline
KOCOCA COLA COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,452 shares; 2024Q4: 46,730 shares; 2025Q1: 1,016,686 shares; 2025Q2: 1,943,750 shares; 2025Q3: 2,278,184 shares; 2025Q4: 2,138,440 shares 2,138,440$149M1.82%-139,744Timeline
CMGCHIPOTLE MEXICAN GRILL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,065,160 shares; 2024Q4: 5,003,786 shares; 2025Q1: 4,738,045 shares; 2025Q2: 4,900,917 shares; 2025Q3: 4,827,700 shares; 2025Q4: 4,001,695 shares 4,001,695$148M1.8%-826,005Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,049,543 shares; 2024Q4: 960,259 shares; 2025Q1: 958,373 shares; 2025Q2: 623,541 shares; 2025Q3: 493,371 shares; 2025Q4: 463,264 shares 463,264$145M1.77%-30,107Timeline
LNTALLIANT ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,693,681 shares; 2024Q4: 1,088,440 shares; 2025Q1: 173,400 shares; 2025Q2: 172,102 shares; 2025Q3: 1,553,695 shares; 2025Q4: 2,180,425 shares 2,180,425$142M1.72%+626,730Timeline
MDTMEDTRONIC PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,326,614 shares; 2025Q4: 1,472,858 shares 1,472,858$141M1.72%+146,244Timeline
WECWEC ENERGY GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,311,777 shares; 2024Q4: 1,663,354 shares; 2025Q1: 1,465,204 shares; 2025Q2: 1,317,167 shares; 2025Q3: 1,300,826 shares; 2025Q4: 1,285,113 shares 1,285,113$136M1.65%-15,713Timeline
SYKSTRYKER CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 822,798 shares; 2024Q4: 735,159 shares; 2025Q1: 536,415 shares; 2025Q2: 530,744 shares; 2025Q3: 418,420 shares; 2025Q4: 338,305 shares 338,305$119M1.45%-80,115Timeline
CSXCSX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,765,462 shares; 2024Q4: 5,581,392 shares; 2025Q1: 3,490,437 shares; 2025Q2: 3,177,847 shares; 2025Q3: 3,293,947 shares; 2025Q4: 3,216,069 shares 3,216,069$117M1.42%-77,878Timeline
DGDOLLAR GEN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 585,693 shares; 2024Q4: 657,670 shares; 2025Q1: 588,138 shares; 2025Q2: 368,584 shares; 2025Q3: 684,892 shares; 2025Q4: 545,445 shares 545,445$72.4M0.88%-139,447Timeline
UNPUNION PAC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 845 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 293,366 shares; 2025Q4: 286,438 shares 286,438$66.3M0.81%-6,928Timeline
NSCNORFOLK SOUTHN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 787,082 shares; 2024Q4: 761,645 shares; 2025Q1: 458,320 shares; 2025Q2: 398,267 shares; 2025Q3: 252,848 shares; 2025Q4: 229,244 shares 229,244$66.2M0.8%-23,604Timeline
BKNGBOOKING HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,052 shares; 2024Q4: 12,474 shares; 2025Q1: 11,977 shares; 2025Q2: 8,497 shares; 2025Q3: 11,021 shares; 2025Q4: 11,230 shares 11,230$60.1M0.73%+209Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 71,966 shares; 2024Q4: 78,133 shares; 2025Q1: 73,130 shares; 2025Q2: 81,776 shares; 2025Q3: 118,392 shares; 2025Q4: 117,846 shares 117,846$59.2M0.72%-546Timeline
ZBHZIMMER BIOMET HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 274,505 shares; 2024Q4: 394,374 shares; 2025Q1: 433,288 shares; 2025Q2: 505,901 shares; 2025Q3: 600,125 shares; 2025Q4: 636,734 shares 636,734$57.3M0.7%+36,609Timeline
USBUS BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,045 shares; 2024Q4: 2,045 shares; 2025Q1: 23,160 shares; 2025Q2: 956,338 shares; 2025Q3: 1,113,442 shares; 2025Q4: 1,048,050 shares 1,048,050$55.9M0.68%-65,392Timeline
SPGIS&P GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,211 shares; 2024Q4: not reported; 2025Q1: 6,133 shares; 2025Q2: 6,133 shares; 2025Q3: 10,534 shares; 2025Q4: 87,710 shares 87,710$45.8M0.56%+77,176Timeline
TMOTHERMO FISHER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 5,771 shares; 2025Q1: 5,771 shares; 2025Q2: 12,449 shares; 2025Q3: 109,747 shares; 2025Q4: 75,582 shares 75,582$43.8M0.53%-34,165Timeline
NEENEXTERA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 443,831 shares; 2024Q4: 372,467 shares; 2025Q1: 396,589 shares; 2025Q2: 466,670 shares; 2025Q3: 526,245 shares; 2025Q4: 491,469 shares 491,469$39.5M0.48%-34,776Timeline
DUKDUKE ENERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 302,404 shares; 2024Q4: 249,889 shares; 2025Q1: 251,722 shares; 2025Q2: 278,122 shares; 2025Q3: 300,157 shares; 2025Q4: 336,279 shares 336,279$39.4M0.48%+36,122Timeline
SOSOUTHERN COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 402,836 shares; 2024Q4: 330,621 shares; 2025Q1: 324,533 shares; 2025Q2: 354,407 shares; 2025Q3: 403,257 shares; 2025Q4: 450,612 shares 450,612$39.3M0.48%+47,355Timeline
AEPAMERICAN ELEC PWR CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 343,289 shares; 2024Q4: 304,513 shares; 2025Q1: 291,014 shares; 2025Q2: 319,218 shares; 2025Q3: 341,698 shares; 2025Q4: 339,933 shares 339,933$39.2M0.48%-1,765Timeline
EXCEXELON CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 906,639 shares; 2024Q4: 759,455 shares; 2025Q1: 727,185 shares; 2025Q2: 759,137 shares; 2025Q3: 835,097 shares; 2025Q4: 862,916 shares 862,916$37.6M0.46%+27,819Timeline
ETRENTERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 181,696 shares; 2024Q4: 299,505 shares; 2025Q1: 290,596 shares; 2025Q2: 301,351 shares; 2025Q3: 353,338 shares; 2025Q4: 370,955 shares 370,955$34.3M0.42%+17,617Timeline
PEGPUBLIC SVC ENTERPRISE GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 417,379 shares; 2024Q4: 329,115 shares; 2025Q1: 322,701 shares; 2025Q2: 354,187 shares; 2025Q3: 396,876 shares; 2025Q4: 418,554 shares 418,554$33.6M0.41%+21,678Timeline
EDCONSOLIDATED EDISON INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 314,053 shares; 2024Q4: 261,453 shares; 2025Q1: 250,653 shares; 2025Q2: 275,204 shares; 2025Q3: 295,762 shares; 2025Q4: 313,902 shares 313,902$31.2M0.38%+18,140Timeline
ATOATMOS ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 138,180 shares; 2024Q4: 118,171 shares; 2025Q1: 116,888 shares; 2025Q2: 116,259 shares; 2025Q3: 130,563 shares; 2025Q4: 138,554 shares 138,554$23.2M0.28%+7,991Timeline
AWKAMERICAN WTR WKS CO INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 631,455 shares; 2024Q4: 159,718 shares; 2025Q1: 157,950 shares; 2025Q2: 149,033 shares; 2025Q3: 168,182 shares; 2025Q4: 177,479 shares 177,479$23.2M0.28%+9,297Timeline
AEEAMEREN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 236,183 shares; 2024Q4: 201,417 shares; 2025Q1: 193,328 shares; 2025Q2: 209,918 shares; 2025Q3: 225,722 shares; 2025Q4: 228,779 shares 228,779$22.8M0.28%+3,057Timeline
DTEDTE ENERGY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 175,433 shares; 2024Q4: 147,318 shares; 2025Q1: 141,720 shares; 2025Q2: 141,795 shares; 2025Q3: 167,232 shares; 2025Q4: 169,278 shares 169,278$21.8M0.27%+2,046Timeline
CNPCENTERPOINT ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 552,304 shares; 2024Q4: 464,177 shares; 2025Q1: 442,156 shares; 2025Q2: 440,929 shares; 2025Q3: 525,149 shares; 2025Q4: 553,939 shares 553,939$21.2M0.26%+28,790Timeline
FEFIRSTENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 493,693 shares; 2024Q4: 421,768 shares; 2025Q1: 418,002 shares; 2025Q2: 413,708 shares; 2025Q3: 451,719 shares; 2025Q4: 473,459 shares 473,459$21.2M0.26%+21,740Timeline
PPLPPL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 603,917 shares; 2024Q4: 494,424 shares; 2025Q1: 481,746 shares; 2025Q2: 478,434 shares; 2025Q3: 580,863 shares; 2025Q4: 595,657 shares 595,657$20.9M0.25%+14,794Timeline
SBACSBA COMMUNICATIONS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 97,418 shares; 2024Q4: 83,378 shares; 2025Q1: 81,847 shares; 2025Q2: 81,422 shares; 2025Q3: 88,125 shares; 2025Q4: 94,029 shares 94,029$18.2M0.22%+5,904Timeline
CMSCMS ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,505,006 shares; 2024Q4: 1,412,524 shares; 2025Q1: 201,400 shares; 2025Q2: 200,553 shares; 2025Q3: 239,502 shares; 2025Q4: 252,895 shares 252,895$17.7M0.21%+13,393Timeline
NINISOURCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 406,052 shares; 2024Q4: 354,832 shares; 2025Q1: 346,694 shares; 2025Q2: 343,443 shares; 2025Q3: 369,164 shares; 2025Q4: 399,089 shares 399,089$16.7M0.2%+29,925Timeline
WTRGESSENTIAL UTILS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 242,089 shares; 2024Q4: 205,156 shares; 2025Q1: 200,429 shares; 2025Q2: 199,359 shares; 2025Q3: 214,023 shares; 2025Q4: 225,280 shares 225,280$8.64M0.11%+11,257Timeline
PNWPINNACLE WEST CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 99,305 shares; 2024Q4: 83,926 shares; 2025Q1: 83,254 shares; 2025Q2: 81,875 shares; 2025Q3: 88,249 shares; 2025Q4: 92,503 shares 92,503$8.21M0.1%+4,254Timeline
OGEOGE ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 173,381 shares; 2024Q4: 145,819 shares; 2025Q1: 134,896 shares; 2025Q2: 132,897 shares; 2025Q3: 142,776 shares; 2025Q4: 150,913 shares 150,913$6.44M0.08%+8,137Timeline
MDLZMONDELEZ INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 83,932 shares; 2024Q4: 76,464 shares; 2025Q1: 56,625 shares; 2025Q2: 57,250 shares; 2025Q3: 67,356 shares; 2025Q4: 107,347 shares 107,347$5.78M0.07%+39,991Timeline
IDAIDACORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 46,984 shares; 2024Q4: 37,454 shares; 2025Q1: 36,434 shares; 2025Q2: 35,169 shares; 2025Q3: 38,511 shares; 2025Q4: 40,451 shares 40,451$5.12M0.06%+1,940Timeline
PORPORTLAND GEN ELEC COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 85,901 shares; 2024Q4: 75,253 shares; 2025Q1: 74,843 shares; 2025Q2: 74,118 shares; 2025Q3: 77,843 shares; 2025Q4: 82,806 shares 82,806$3.97M0.05%+4,963Timeline
SRSPIRE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 43,893 shares; 2024Q4: 42,512 shares; 2025Q1: 41,937 shares; 2025Q2: 40,673 shares; 2025Q3: 43,042 shares; 2025Q4: 46,165 shares 46,165$3.82M0.05%+3,123Timeline
OGSONE GAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 51,280 shares; 2024Q4: 43,323 shares; 2025Q1: 41,735 shares; 2025Q2: 40,567 shares; 2025Q3: 44,188 shares; 2025Q4: 48,846 shares 48,846$3.77M0.05%+4,658Timeline
TXNMTXNM ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 67,201 shares; 2024Q4: 58,311 shares; 2025Q1: 57,456 shares; 2025Q2: 57,376 shares; 2025Q3: 60,864 shares; 2025Q4: 63,543 shares 63,543$3.74M0.05%+2,679Timeline
HDHOME DEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,635 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 180 shares; 2025Q4: 10,401 shares 10,401$3.58M0.04%+10,221Timeline
BKHBLACK HILLS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 58,889 shares; 2024Q4: 48,356 shares; 2025Q1: 45,786 shares; 2025Q2: 45,544 shares; 2025Q3: 48,098 shares; 2025Q4: 51,532 shares 51,532$3.58M0.04%+3,434Timeline
NWENORTHWESTERN ENERGY GROUP INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 52,715 shares; 2024Q4: 49,671 shares; 2025Q1: 49,120 shares; 2025Q2: 47,850 shares; 2025Q3: 50,139 shares; 2025Q4: 52,410 shares 52,410$3.38M0.04%+2,271Timeline
AWRAMER STATES WTR COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 27,584 shares; 2024Q4: 27,954 shares; 2025Q1: 27,150 shares; 2025Q2: 26,582 shares; 2025Q3: 28,804 shares; 2025Q4: 30,571 shares 30,571$2.22M0.03%+1,767Timeline
CWTCALIFORNIA WTR SVC GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,307 shares; 2024Q4: 46,248 shares; 2025Q1: 45,570 shares; 2025Q2: 43,514 shares; 2025Q3: 46,034 shares; 2025Q4: 48,734 shares 48,734$2.11M0.03%+2,700Timeline
AVAAVISTA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 58,845 shares; 2024Q4: 52,770 shares; 2025Q1: 52,348 shares; 2025Q2: 50,496 shares; 2025Q3: 51,953 shares; 2025Q4: 54,769 shares 54,769$2.11M0.03%+2,816Timeline
MGEEMGE ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,865 shares; 2024Q4: 23,095 shares; 2025Q1: 22,739 shares; 2025Q2: 21,613 shares; 2025Q3: 23,443 shares; 2025Q4: 23,793 shares 23,793$1.87M0.02%+350Timeline
NWNNORTHWEST NAT HLDG COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,382 shares; 2024Q4: 22,589 shares; 2025Q1: 20,946 shares; 2025Q2: 21,672 shares; 2025Q3: 22,236 shares; 2025Q4: 35,252 shares 35,252$1.65M0.02%+13,016Timeline
CPKCHESAPEAKE UTILS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,135 shares; 2024Q4: 11,836 shares; 2025Q1: 11,836 shares; 2025Q2: 12,006 shares; 2025Q3: 12,272 shares; 2025Q4: 13,083 shares 13,083$1.63M0.02%+811Timeline
HTOH2O AMERICAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,016 shares; 2024Q4: 21,268 shares; 2025Q1: 21,268 shares; 2025Q2: 20,736 shares; 2025Q3: 21,564 shares; 2025Q4: 21,849 shares 21,849$1.07M0.01%+285Timeline
MSEXMIDDLESEX WTR COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,600 shares; 2024Q4: 12,288 shares; 2025Q1: 12,288 shares; 2025Q2: 12,056 shares; 2025Q3: 12,416 shares; 2025Q4: 12,416 shares 12,416$626K0.01%0Timeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 107,509 shares; 2024Q4: 89,885 shares; 2025Q1: 72,038 shares; 2025Q2: 78,687 shares; 2025Q3: 447 shares; 2025Q4: 447 shares 447$118K<0.01%0Timeline
PEPPEPSICO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,881 shares; 2024Q4: 639 shares; 2025Q1: 639 shares; 2025Q2: 783 shares; 2025Q3: 494 shares; 2025Q4: 494 shares 494$70.9K<0.01%0Timeline
BLKBLACKROCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 63 shares; 2025Q1: 63 shares; 2025Q2: 72 shares; 2025Q3: 65 shares; 2025Q4: 65 shares 65$69.6K<0.01%0Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
ALEALLETE INC44,345$2.94Mshares
HCAHCA HEALTHCARE INC179$76.3Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001536105-26-000004 base2026-02-11acceptance time not in the bulk data set