Bell Asset Management Ltd

Q4 2025 13F-HR Holdings

Location
Melbourne, C3
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
59
Total value ($000)
$374,125
Net value change ($000)
+8,250 (2.3%)
New positions
6
Sold out positions
10
Turnover %
16.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/13/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
JPM 8,423 NEW
NKE 4,610 NEW
AVGO 4,535 65.1%
GWW 3,989 NEW
LPLA 3,676 NEW
SFM 3,504 NEW
MCD 3,252 NEW
GOOGL 2,862 12.6%
ORCL 2,678 84.5%
NVDA 2,670 9.4%
Top Reduces (Value $000, Stocks/ETFs)
AAPL -5,850 -23.5%
FISV -5,836 -100.0%
PEP -5,279 -100.0%
VRRM -3,593 -100.0%
HCA -3,526 -100.0%
JKHY -3,222 -100.0%
AXP -3,006 -100.0%
IT -2,922 -100.0%
JNJ -2,781 -100.0%
LULU -2,448 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type