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	9,006	195,231	SH		SOLE		195,231	0	0
AMERICAN ELECTRIC POWER	COM	025537101	18,701	307,983	SH		SOLE		307,983	0	0
ALLETE INC	COM	018522300	2,103	38,132	SH		SOLE		38,132	0	0
ATMOS ENERGY CORP	COM	049560105	9,067	162,666	SH		SOLE		162,666	0	0
AVISTA CORP	COM	05379B107	1,902	53,814	SH		SOLE		53,814	0	0
AMERICAN WATER WORKS CO INC	COM	030420103	43,984	825,207	SH		SOLE		825,207	0	0
AMERICAN STATES WATER CO	COM	029899101	1,523	40,452	SH		SOLE		40,452	0	0
AMERICAN EXPRESS CO	COM	025816109	153,942	1,654,574	SH		SOLE		1,654,574	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	617,358	15,217,113	SH		SOLE		15,217,113	0	0
CMS ENERGY CORP	COM	125896100	8,053	231,744	SH		SOLE		231,744	0	0
CLECO CORPORATION	COM	12561W105	2,723	49,931	SH		SOLE		49,931	0	0
CENTERPOINT ENERGY INC	COM	15189T107	8,386	357,901	SH		SOLE		357,901	0	0
CALIFORNIA WATER SERVICE	COM	130788102	1,080	43,892	SH		SOLE		43,892	0	0
DTE ENERGY COMPANY	COM	233331107	12,459	144,255	SH		SOLE		144,255	0	0
DIRECTV	COM	25490A309	601,280	6,935,179	SH		SOLE		6,935,179	0	0
DUKE ENERGY CORP	COM	26441C204	18,115	216,848	SH		SOLE		216,848	0	0
EBAY INC	COM	278642103	1,300,455	23,172,763	SH		SOLE		23,172,763	0	0
CONSOLIDATED EDISON INC	COM	209115104	15,632	236,817	SH		SOLE		236,817	0	0
EMPIRE DISTRICT ELECTRIC CO	COM	291641108	1,112	37,407	SH		SOLE		37,407	0	0
EL PASO ELECTRIC CO	COM	283677854	1,512	37,753	SH		SOLE		37,753	0	0
GOOGLE INC	CLASS A	38259P508	443,978	836,652	SH		SOLE		836,652	0	0
GOOGLE INC	CLASS C	38259P706	235,007	446,441	SH		SOLE		446,441	0	0
GREAT PLAINS ENERGY INC	COM	391164100	3,606	126,916	SH		SOLE		126,916	0	0
IDACORP INC	COM	451107106	2,788	42,117	SH		SOLE		42,117	0	0
ITC HOLDINGS CORP	COM	465685105	24,249	599,769	SH		SOLE		599,769	0	0
THE LACLEDE GROUP INC	COM	505597104	1,845	34,683	SH		SOLE		34,683	0	0
ALLIANT ENERGY CORP	COM	018802108	6,093	91,747	SH		SOLE		91,747	0	0
LOWES COS INC	COM	548661107	1,220,484	17,739,591	SH		SOLE		17,739,591	0	0
MASTERCARD INC	CLASS A	57636Q104	563,214	6,536,844	SH		SOLE		6,536,844	0	0
MCDONALDS CORP	COM	580135101	296,896	3,168,585	SH		SOLE		3,168,585	0	0
MICROSOFT CORP	COM	594918104	1,264,698	27,227,088	SH		SOLE		27,227,088	0	0
NISOURCE INC	COM	65473P105	11,131	262,409	SH		SOLE		262,409	0	0
NORTHEAST UTILITIES	COM	664397106	34,819	650,578	SH		SOLE		650,578	0	0
NORTHWESTERN CORP	COM	668074305	2,035	35,959	SH		SOLE		35,959	0	0
NORTHWEST NATURAL GAS CO	COM	667655104	1,391	27,867	SH		SOLE		27,867	0	0
ORACLE CORP	COM	68389X105	1,097,204	24,398,583	SH		SOLE		24,398,583	0	0
P G AND E CORP	COM	69331C108	17,476	328,246	SH		SOLE		328,246	0	0
PNM RESOURCES INC	COM	69349H107	2,105	71,031	SH		SOLE		71,031	0	0
PINNACLE WEST CAPITAL	COM	723484101	6,143	89,930	SH		SOLE		89,930	0	0
PIEDMONT NATURAL GAS CO	COM	720186105	2,530	64,185	SH		SOLE		64,185	0	0
PEPCO HOLDINGS INC	COM	713291102	5,667	210,429	SH		SOLE		210,429	0	0
PORTLAND GENERAL ELECTRIC CO	COM	736508847	2,544	67,257	SH		SOLE		67,257	0	0
SCANA CORP	COM	80589M102	6,974	115,466	SH		SOLE		115,466	0	0
SJW CORP	COM	784305104	567	17,640	SH		SOLE		17,640	0	0
THE SOUTHERN CO	COM	842587107	39,208	798,366	SH		SOLE		798,366	0	0
SEMPRA ENERGY	COM	816851109	17,881	160,570	SH		SOLE		160,570	0	0
QUESTAR CORP	COM	748356102	3,685	145,773	SH		SOLE		145,773	0	0
STATE STREET CORP	COM	857477103	632,686	8,059,700	SH		SOLE		8,059,700	0	0
SOUTHWEST GAS CORP	COM	844895102	6,423	103,923	SH		SOLE		103,923	0	0
TECO ENERGY INC	COM	872375100	3,981	194,306	SH		SOLE		194,306	0	0
INTEGRYS ENERGY GROUP INC	COM	45822P105	5,136	65,978	SH		SOLE		65,978	0	0
TARGET CORP	COM	87612E106	925,548	12,192,698	SH		SOLE		12,192,698	0	0
UIL HOLDINGS CORP	COM	902748102	2,178	50,027	SH		SOLE		50,027	0	0
US BANCORP	COM	902973304	227,908	5,070,246	SH		SOLE		5,070,246	0	0
VISA INC	CLASS A	92826C839	1,044,120	3,982,150	SH		SOLE		3,982,150	0	0
VECTREN CORPORATION	COM	92240G101	3,234	69,948	SH		SOLE		69,948	0	0
WISCONSIN ENERGY CORP	COM	976657106	29,981	568,468	SH		SOLE		568,468	0	0
WELLS FARGO AND CO	COM	949746101	529,136	9,652,240	SH		SOLE		9,652,240	0	0
WALMART STORES INC	COM	931142103	477,838	5,564,021	SH		SOLE		5,564,021	0	0
WESTAR ENERGY INC	COM	95709T100	19,173	464,916	SH		SOLE		464,916	0	0
AQUA AMERICA INC	COM	03836W103	3,934	147,334	SH		SOLE		147,334	0	0
XCEL ENERGY INC	COM	98389B100	33,032	919,595	SH		SOLE		919,595	0	0
CROWN CASTLE INTL CORP	COM	228227104	73,798	937,711	SH		SOLE		937,711	0	0
YUM BRANDS INC	COM	988498101	964,194	13,235,338	SH		SOLE		13,235,338	0	0
AMERICAN TOWER CORP	COM	03027X100	17,700	179,056	SH		SOLE		179,056	0	0
PPL CORPORATION	COM	69351T106	17,341	477,330	SH		SOLE		477,330	0	0
HOME DEPOT INC	COM	437076102	861,350	8,205,679	SH		SOLE		8,205,679	0	0
EDISON INTERNATIONAL	COM	281020107	17,002	259,659	SH		SOLE		259,659	0	0
ONE GAS INC	COM	68235P108	1,786	43,338	SH		SOLE		43,338	0	0