Magellan Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AMEREN CORPORATION	COM	023608102	9,991	260,649	SH		SOLE		260,649	0	0
AMERICAN ELECTRIC POWER	COM	025537101	20,344	389,664	SH		SOLE		389,664	0	0
ALLETE INC	COM	018522300	2,106	47,443	SH		SOLE		47,443	0	0
ATMOS ENERGY CORP	COM	049560105	8,616	180,622	SH		SOLE		180,622	0	0
AVISTA CORP	COM	05379B107	2,158	70,700	SH		SOLE		70,700	0	0
AMERICAN WATER WORKS CO INC	COM	030420103	41,112	852,420	SH		SOLE		852,420	0	0
AMERICAN STATES WATER CO	COM	029899101	1,210	39,792	SH		SOLE		39,792	0	0
AMERICAN EXPRESS CO	COM	025816109	135,056	1,542,796	SH		SOLE		1,542,796	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	568,020	14,666,151	SH		SOLE		14,666,151	0	0
CMS ENERGY CORP	COM	125896100	8,677	2,925,535	SH		SOLE		292,535	0	0
CLECO CORPORATION	COM	12561W105	3,122	64,843	SH		SOLE		64,843	0	0
CENTERPOINT ENERGY INC	COM	15189T107	10,720	438,072	SH		SOLE		438,072	0	0
CALIFORNIA WATER SERVICE	COM	130788102	1,175	52,342	SH		SOLE		52,342	0	0
DTE ENERGY COMPANY	COM	233331107	13,926	183,041	SH		SOLE		183,041	0	0
DIRECTV	COM	25490A309	577,107	6,670,220	SH		SOLE		6,670,220	0	0
DUKE ENERGY CORP	COM	26441C204	21,354	285,597	SH		SOLE		285,597	0	0
EBAY INC	COM	278642103	1,123,648	19,841,920	SH		SOLE		19,841,920	0	0
CONSOLIDATED EDISON INC	COM	209115104	17,121	302,163	SH		SOLE		302,163	0	0
EMPIRE DISTRICT ELECTRIC CO	COM	291641108	1,206	49,924	SH		SOLE		49,924	0	0
EL PASO ELECTRIC CO	COM	283677854	1,703	46,601	SH		SOLE		46,601	0	0
GOOGLE INC	CLASS A	38259P508	344,962	586,261	SH		SOLE		586,261	0	0
GOOGLE INC	CLASS C	38259P706	239,337	414,536	SH		SOLE		414,536	0	0
GREAT PLAINS ENERGY INC	COM	391164100	3,874	160,285	SH		SOLE		160,285	0	0
IDACORP INC	COM	451107106	2,981	55,600	SH		SOLE		55,600	0	0
ITC HOLDINGS CORP	COM	465685105	19,872	557,722	SH		SOLE		557,722	0	0
THE COCA COLA COMPANY	COM	191216100	224,401	5,260,224	SH		SOLE		5,260,224	0	0
THE LACLEDE GROUP INC	COM	505597104	1,945	41,925	SH		SOLE		41,925	0	0
ALLIANT ENERGY CORP	COM	018802108	6,568	118,534	SH		SOLE		118,534	0	0
LOWES COS INC	COM	548661107	873,625	16,508,408	SH		SOLE		16,508,408	0	0
MASTERCARD INC	CLASS A	57636Q104	448,547	6,068,007	SH		SOLE		6,068,007	0	0
MCDONALDS CORP	COM	580135101	278,569	2,938,186	SH		SOLE		2,938,186	0	0
MICROSOFT CORP	COM	594918104	1,082,469	23,349,194	SH		SOLE		23,349,194	0	0
NISOURCE INC	COM	65473P105	13,140	320,635	SH		SOLE		320,635	0	0
NORTHEAST UTILITIES	COM	664397106	33,983	767,114	SH		SOLE		767,114	0	0
NORTHWESTERN CORP	COM	668074305	1,917	42,254	SH		SOLE		42,254	0	0
NORTHWEST NATURAL GAS CO	COM	667655104	1,258	29,766	SH		SOLE		29,766	0	0
ORACLE CORP	COM	68389X105	865,902	22,620,230	SH		SOLE		22,620,230	0	0
P G AND E CORP	COM	69331C108	20,138	447,119	SH		SOLE		447,119	0	0
PNM RESOURCES INC	COM	69349H107	2,318	93,047	SH		SOLE		93,047	0	0
PINNACLE WEST CAPITAL	COM	723484101	6,549	119,860	SH		SOLE		119,860	0	0
PIEDMONT NATURAL GAS CO	COM	720186105	2,798	83,454	SH		SOLE		83,454	0	0
PEPCO HOLDINGS INC	COM	713291102	7,201	269,077	SH		SOLE		269,077	0	0
PORTLAND GENERAL ELECTRIC CO	COM	736508847	2,794	87,001	SH		SOLE		87,001	0	0
SCANA CORP	COM	80589M102	7,259	146,312	SH		SOLE		146,312	0	0
SJW CORP	COM	784305104	474	17,640	SH		SOLE		17,640	0	0
THE SOUTHERN CO	COM	842587107	39,107	895,925	SH		SOLE		895,925	0	0
SEMPRA ENERGY	COM	816851109	21,267	201,810	SH		SOLE		201,810	0	0
QUESTAR CORP	COM	748356102	4,095	183,722	SH		SOLE		183,722	0	0
STATE STREET CORP	COM	857477103	571,630	7,765,663	SH		SOLE		7,765,663	0	0
SOUTHWEST GAS CORP	COM	844895102	14,688	302,339	SH		SOLE		302,339	0	0
TECO ENERGY INC	COM	872375100	4,293	247,024	SH		SOLE		247,024	0	0
INTEGRYS ENERGY GROUP INC	COM	45822P105	5,587	86,190	SH		SOLE		86,190	0	0
TARGET CORP	COM	87612E106	878,764	14,019,848	SH		SOLE		14,019,848	0	0
UIL HOLDINGS CORP	COM	902748102	2,176	61,477	SH		SOLE		61,477	0	0
US BANCORP	COM	902973304	254,469	6,083,401	SH		SOLE		6,083,401	0	0
VISA INC	CLASS A	92826C839	787,590	3,691,195	SH		SOLE		3,691,195	0	0
VECTREN CORPORATION	COM	92240G101	3,632	91,035	SH		SOLE		91,035	0	0
WISCONSIN ENERGY CORP	COM	976657106	30,881	718,171	SH		SOLE		718,171	0	0
WELLS FARGO AND CO	COM	949746101	601,106	11,588,698	SH		SOLE		11,588,698	0	0
WALMART STORES INC	COM	931142103	999,194	13,066,483	SH		SOLE		13,066,483	0	0
WESTAR ENERGY INC	COM	95709T100	16,871	494,471	SH		SOLE		494,471	0	0
AQUA AMERICA INC	COM	03836W103	4,339	184,393	SH		SOLE		184,393	0	0
XCEL ENERGY INC	COM	98389B100	32,704	1,075,798	SH		SOLE		1,075,798	0	0
CROWN CASTLE INTL CORP	COM	228227104	73,777	916,149	SH		SOLE		916,149	0	0
YUM BRANDS INC	COM	988498101	882,740	12,263,688	SH		SOLE		12,263,688	0	0
AMERICAN TOWER CORP	COM	03027X100	20,948	223,728	SH		SOLE		223,728	0	0
PPL CORPORATION	COM	69351T106	20,753	631,947	SH		SOLE		631,947	0	0
HOME DEPOT INC	COM	437076102	375,074	4,088,451	SH		SOLE		4,088,451	0	0