Magellan Asset Management Ltd Buys American Express Co, Xcel Energy Inc, WEC Energy Group Inc, Sells The Kraft Heinz Co, Wells Fargo, American Tower Corp

• New Purchases: EL, CME, ETR, SPGI, BABA,
• Added Positions: AXP, XEL, WEC, HCA, FE, ES, BRK.B, ATO, EVRG, CSX, UNP, AWK, D, DUK, CMG, STT, SO, SBAC, BKNG, PNW, PPL, NI, JNJ, ICE, DTE, ED, COF, CMS, WTR, AEP, AEE,
• Reduced Positions: KHC, WFC, AMT, ORCL, SWX, LOW, SRE, FMS, SR, OGS,
• Sold Out: CVS,

For the details of Magellan Asset Management Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/magellan+asset+management+ltd/current-portfolio/portfolioportfolio

1. Microsoft Corp (MSFT) - 24,512,213 shares, 9.45% of the total portfolio. Shares added by 0.22%
2. Facebook Inc (FB) - 15,790,093 shares, 8.77% of the total portfolio. Shares added by 0.24%
3. Visa Inc (V) - 15,214,723 shares, 7.60% of the total portfolio. Shares added by 0.33%
4. Starbucks Corp (SBUX) - 30,771,472 shares, 7.42% of the total portfolio. Shares added by 0.22%
5. Apple Inc (AAPL) - 12,272,123 shares, 6.99% of the total portfolio. Shares added by 0.22%

Magellan Asset Management Ltd initiated holding in The Estee Lauder Companies Inc. The purchase prices were between $161.03 and $183.95, with an estimated average price of $170.75. The stock is now traded at around $180.79. The impact to a portfolio due to this purchase was 1.27%. The holding were 2,415,671 shares as of .

Magellan Asset Management Ltd initiated holding in CME Group Inc. The purchase prices were between $166.55 and $203.18, with an estimated average price of $184.28. The stock is now traded at around $213.30. The impact to a portfolio due to this purchase was 1.2%. The holding were 2,154,948 shares as of .

Magellan Asset Management Ltd initiated holding in Entergy Corp. The purchase prices were between $92.9 and $104.26, with an estimated average price of $97.43. The stock is now traded at around $107.81. The impact to a portfolio due to this purchase was 0.05%. The holding were 152,766 shares as of .

Magellan Asset Management Ltd initiated holding in S&P Global Inc. The purchase prices were between $208.68 and $231.28, with an estimated average price of $218.34. The stock is now traded at around $258.41. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 238 shares as of .

Magellan Asset Management Ltd initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $149.26 and $195.21, with an estimated average price of $172.54. The stock is now traded at around $164.04. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 246 shares as of .

Magellan Asset Management Ltd added to a holding in American Express Co by 212845.63%. The purchase prices were between $109.85 and $124.92, with an estimated average price of $117.43. The stock is now traded at around $123.95. The impact to a portfolio due to this purchase was 3.4%. The holding were 9,580,424 shares as of .

Magellan Asset Management Ltd added to a holding in Xcel Energy Inc by 233.31%. The purchase prices were between $54.68 and $61.54, with an estimated average price of $57.47. The stock is now traded at around $61.38. The impact to a portfolio due to this purchase was 1.41%. The holding were 11,720,869 shares as of .

Magellan Asset Management Ltd added to a holding in WEC Energy Group Inc by 456.91%. The purchase prices were between $76.29 and $85.42, with an estimated average price of $80.17. The stock is now traded at around $89.66. The impact to a portfolio due to this purchase was 1.35%. The holding were 6,826,069 shares as of .

Magellan Asset Management Ltd added to a holding in HCA Healthcare Inc by 21.01%. The purchase prices were between $112.01 and $135.18, with an estimated average price of $126.22. The stock is now traded at around $127.91. The impact to a portfolio due to this purchase was 1.06%. The holding were 15,621,068 shares as of .

Magellan Asset Management Ltd added to a holding in FirstEnergy Corp by 880.68%. The purchase prices were between $39.44 and $43.97, with an estimated average price of $42. The stock is now traded at around $44.13. The impact to a portfolio due to this purchase was 0.46%. The holding were 4,139,429 shares as of .

Magellan Asset Management Ltd added to a holding in Intercontinental Exchange Inc by 38.26%. The purchase prices were between $76.85 and $86.77, with an estimated average price of $81.64. The stock is now traded at around $92.06. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 907 shares as of .

Magellan Asset Management Ltd sold out a holding in CVS Health Corp. The sale prices were between $52.13 and $57.33, with an estimated average price of $53.82.