Q4 2025 · 13F-HR
Railway Pension Investments Ltdholdings as filed
Filed 2026-02-10 · accession 0001658020-26-000002
$8.51B
Reported value
106
Positions
2025-12-31
Period end
The Brief · Railway Pension Investments Ltd · Q4 2025
AI · grounded in 13F
Railway Pension Investments Ltd established a new position in LRCX valued at $178.3M. The fund also significantly increased its holdings in KLAC, APH, and QCOM. Conversely, it exited positions in PG and HD, while trimming its stake in PM by 95.5%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $542.4M | 6.37% | 1,121,510 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $375.1M | 4.41% | 1,198,420 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $284.9M | 3.35% | 1,527,400 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $281.6M | 3.31% | 813,692 | Common | NONE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $256.3M | 3.01% | 442,370 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $241.2M | 2.83% | 1,045,000 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $225.6M | 2.65% | 341,820 | Common | NONE |
| 45168D104 | IDXX | IDEXX LABS INC | $220.6M | 2.59% | 326,080 | Common | NONE |
| 92826C839 | V | VISA INC | $219.3M | 2.58% | 625,439 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $204.8M | 2.41% | 753,452 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $202.1M | 2.37% | 2,517,732 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $196.4M | 2.31% | 859,749 | Common | NONE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $193.1M | 2.27% | 546,740 | Common | NONE |
| 78409V104 | SPGI | S&P GLOBAL INC | $192.8M | 2.26% | 368,900 | Common | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $192.6M | 2.26% | 1,045,756 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $190.8M | 2.24% | 334,260 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $179.1M | 2.10% | 1,047,100 | Common | NONE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $178.7M | 2.10% | 919,500 | Common | NONE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GRP IN | $178.7M | 2.10% | 2,225,250 | Common | NONE |
| 512807306 | LRCX | LAM RESEARCH CORP | $178.3M | 2.09% | 1,041,500 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $175.4M | 2.06% | 1,011,211 | Common | NONE |
| 29444U700 | EQIX | EQUINIX INC | $171.9M | 2.02% | 224,309 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $171.7M | 2.02% | 1,399,265 | Common | NONE |
| 50212V100 | LPLA | LPL FINL HLDGS INC | $159.0M | 1.87% | 445,280 | Common | NONE |
| 81762P102 | NOW | SERVICENOW INC | $158.2M | 1.86% | 1,033,000 | Common | NONE |
| 235851102 | DHR | DANAHER CORPORATION | $157.9M | 1.86% | 689,899 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $149.7M | 1.76% | 723,436 | Common | NONE |
| 032095101 | APH | AMPHENOL CORP NEW | $126.5M | 1.49% | 935,700 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $121.6M | 1.43% | 1,155,015 | Common | NONE |
| 482480100 | KLAC | KLA CORP | $120.9M | 1.42% | 99,500 | Common | NONE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $114.9M | 1.35% | 1,259,751 | Common | NONE |
| 58155Q103 | MCK | MCKESSON CORP | $103.5M | 1.22% | 126,122 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $99.3M | 1.17% | 1,288,676 | Common | NONE |
| 30212P303 | EXPE | EXPEDIA GROUP INC | $93.7M | 1.10% | 330,900 | Common | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $84.6M | 0.99% | 1,466,800 | Common | NONE |
| 053332102 | AZO | AUTOZONE INC | $81.7M | 0.96% | 24,102 | Common | NONE |
| 311900104 | FAST | FASTENAL CO | $75.6M | 0.89% | 1,884,710 | Common | NONE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $74.8M | 0.88% | 13,972 | Common | NONE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $73.1M | 0.86% | 83,160 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $63.9M | 0.75% | 1,184,400 | Common | NONE |
| 384802104 | GWW | WW GRAINGER INC | $63.7M | 0.75% | 63,088 | Common | NONE |
| 79466L302 | CRM | SALESFORCE INC | $63.1M | 0.74% | 238,300 | Common | NONE |
| 64110D104 | NTAP | NETAPP INC | $63.1M | 0.74% | 589,450 | Common | NONE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $52.0M | 0.61% | 166,240 | Common | NONE |
| 052769106 | ADSK | AUTODESK INC | $50.7M | 0.60% | 171,152 | Common | NONE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $49.8M | 0.59% | 106,767 | Common | NONE |
| 872540109 | TJX | TJX COS INC NEW | $47.0M | 0.55% | 306,000 | Common | NONE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $45.0M | 0.53% | 541,980 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $44.9M | 0.53% | 151,700 | Common | NONE |
| 775711104 | ROL | ROLLINS INC | $43.7M | 0.51% | 727,617 | Common | NONE |
| 931142103 | WMT | WALMART INC | $43.5M | 0.51% | 390,139 | Common | NONE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $41.1M | 0.48% | 470,100 | Common | NONE |
| 876030107 | TPR | TAPESTRY INC | $39.7M | 0.47% | 310,800 | Common | NONE |
| 40434L105 | HPQ | HP INC | $39.2M | 0.46% | 1,759,515 | Common | NONE |
| 172908105 | CTAS | CINTAS CORP | $38.3M | 0.45% | 203,896 | Common | NONE |
| 620076307 | MSI | MOTOROLA SOLUTIONS INC | $37.5M | 0.44% | 97,760 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $32.9M | 0.39% | 807,000 | Common | NONE |
| 969904101 | WSM | WILLIAMS SONOMA INC | $32.0M | 0.38% | 179,100 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $31.5M | 0.37% | 96,300 | Common | NONE |
| M22465104 | CHKP | CHECK POINT SOFTWARE TECH LT | $30.9M | 0.36% | 166,329 | Common | NONE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $24.8M | 0.29% | 259,900 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $24.2M | 0.28% | 90,225 | Common | NONE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $23.7M | 0.28% | 792,500 | Common | NONE |
| 366651107 | IT | GARTNER INC | $23.1M | 0.27% | 91,378 | Common | NONE |
| 833034101 | SNA | SNAP ON INC | $22.4M | 0.26% | 65,100 | Common | NONE |
| 452308109 | ITW | ILLINOIS TOOL WKS INC | $21.1M | 0.25% | 85,763 | Common | NONE |
| 913903100 | UHS | UNIVERSAL HLTH SVCS INC | $21.1M | 0.25% | 96,700 | Common | NONE |
| 896239100 | TRMB | TRIMBLE INC | $20.5M | 0.24% | 261,800 | Common | NONE |
| 461202103 | INTU | INTUIT | $18.7M | 0.22% | 28,200 | Common | NONE |
| 668771108 | GEN | GEN DIGITAL INC | $18.1M | 0.21% | 665,100 | Common | NONE |
| G8994E103 | TT | TRANE TECHNOLOGIES PLC | $17.5M | 0.21% | 45,000 | Common | NONE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $16.9M | 0.20% | 37,900 | Common | NONE |
| 29084Q100 | EME | EMCOR GROUP INC | $14.4M | 0.17% | 23,561 | Common | NONE |
| 988498101 | YUM | YUM BRANDS INC | $14.3M | 0.17% | 94,600 | Common | NONE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $14.1M | 0.17% | 178,909 | Common | NONE |
| 285512109 | EA | ELECTRONIC ARTS INC | $13.8M | 0.16% | 67,301 | Common | NONE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $13.7M | 0.16% | 61,400 | Common | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $13.6M | 0.16% | 38,600 | Common | NONE |
| 125269100 | CF | CF INDS HLDGS INC | $12.4M | 0.15% | 160,100 | Common | NONE |
| 436440101 | HO1 | HOLOGIC INC | $11.7M | 0.14% | 157,200 | Common | NONE |
| 302130109 | EXPD | EXPEDITORS INTL WASH INC | $11.3M | 0.13% | 75,800 | Common | NONE |
| 92338C103 | VLTO | VERALTO CORP | $11.1M | 0.13% | 111,000 | Common | NONE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $11.0M | 0.13% | 38,400 | Common | NONE |
| 92343E102 | VRSN | VERISIGN INC | $9.8M | 0.11% | 40,200 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $9.4M | 0.11% | 74,700 | Common | NONE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $8.2M | 0.10% | 70,300 | Common | NONE |
| 540424108 | L | LOEWS CORP | $8.0M | 0.09% | 75,500 | Common | NONE |
| 031100100 | AME | AMETEK INC | $7.4M | 0.09% | 35,872 | Common | NONE |
| 749685103 | RPM | RPM INTL INC | $7.3M | 0.09% | 70,200 | Common | NONE |
| 315616102 | FFIV | F5 INC | $6.7M | 0.08% | 26,330 | Common | NONE |
| 380237107 | GDDY | GODADDY INC | $5.5M | 0.06% | 44,100 | Common | NONE |
| 00724F101 | ADBE | ADOBE INC | $5.4M | 0.06% | 15,400 | Common | NONE |
| 31620R303 | FNF | FIDELITY NATIONAL FINANCIAL | $5.2M | 0.06% | 96,000 | Common | NONE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $5.2M | 0.06% | 18,000 | Common | NONE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW | $5.0M | 0.06% | 64,700 | Common | NONE |
| 231021106 | CMI | CUMMINS INC | $4.5M | 0.05% | 8,900 | Common | NONE |
| G5960L103 | MDT | MEDTRONIC PLC | $4.3M | 0.05% | 45,200 | Common | NONE |
| 25754A201 | DPZ | DOMINOS PIZZA INC | $4.0M | 0.05% | 9,700 | Common | NONE |
| 11133T103 | BR | BROADRIDGE FINL SOLUTIONS IN | $4.0M | 0.05% | 17,700 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $3.7M | 0.04% | 23,040 | Common | NONE |
| 778296103 | ROST | ROSS STORES INC | $3.3M | 0.04% | 18,300 | Common | NONE |
| 69370C100 | PTC | PTC INC | $2.7M | 0.03% | 15,426 | Common | NONE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $2.3M | 0.03% | 22,500 | Common | NONE |
| 501044101 | KR | KROGER CO | $2.3M | 0.03% | 37,110 | Common | NONE |
| 761152107 | RMD | RESMED INC | $2.3M | 0.03% | 9,605 | Common | NONE |
| 30190A104 | FG | F&G ANNUITIES & LIFE INC | $177,696 | 0.00% | 5,760 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.