Railway Pension Investments Ltd
CIK 0001658020
Annualised vol
17.347008%
Beta
0.847465
HHI
242.722483
Top-10 weight
38.015995%
VaR 95%
1.707045%
VaR 99%
3.206543%
Max drawdown
26.338242%
Matched value
82.342931%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| NVDA | ADDED | 2,356,300 | 1,407,700 | 67.39% | 471,472,067 |
| AAPL | ADDED | 1,320,786 | 681,852 | 93.71% | 382,182,637 |
| GOOGL | ADDED | 929,030 | 920,190 | 0.96% | 332,007,451 |
| LRCX | REDUCED | 754,700 | 982,200 | -23.16% | 327,034,151 |
| AVGO | ADDED | 852,192 | 754,692 | 12.92% | 321,915,528 |
| KLAC | ADDED | 926,652 | 87,387 | 960.4% | 279,580,175 |
| AMZN | REDUCED | 996,040 | 1,121,800 | -11.21% | 237,396,174 |
| MSFT | REDUCED | 617,170 | 1,013,270 | -39.09% | 230,216,753 |
| V | ADDED | 628,679 | 560,679 | 12.13% | 215,693,478 |
| ANET | NEW | 1,184,850 | - | - | 201,282,318 |
| ABBV | REDUCED | 792,949 | 800,849 | -0.99% | 199,537,686 |
| META | REDUCED | 342,200 | 399,440 | -14.33% | 192,757,838 |
| NEE | REDUCED | 2,056,432 | 2,328,732 | -11.69% | 180,493,037 |
| TMO | REDUCED | 358,970 | 408,930 | -12.22% | 179,973,199 |
| EQIX | REDUCED | 163,989 | 206,469 | -20.57% | 170,940,494 |
| JNJ | UNCHANGED | 650,036 | 650,036 | 0.0% | 165,089,643 |
| GILD | REDUCED | 1,295,596 | 1,303,365 | -0.6% | 163,685,599 |
| CEG | REDUCED | 620,960 | 632,760 | -1.86% | 154,227,835 |
| MA | REDUCED | 289,640 | 292,460 | -0.96% | 148,759,104 |
| LNG | REDUCED | 586,260 | 855,100 | -31.44% | 140,122,003 |
| SYK | REDUCED | 407,720 | 489,760 | -16.75% | 128,366,565 |
| MO | REDUCED | 1,264,600 | 1,292,400 | -2.15% | 90,987,970 |
| NTAP | ADDED | 531,250 | 515,150 | 3.13% | 82,216,250 |
| MCK | REDUCED | 107,642 | 109,682 | -1.86% | 81,334,295 |
| FAST | REDUCED | 1,656,050 | 1,686,750 | -1.82% | 79,540,082 |
| PH | UNCHANGED | 73,400 | 73,400 | 0.0% | 71,794,008 |
| EXPE | ADDED | 268,659 | 265,700 | 1.11% | 68,744,465 |
| INSM | NEW | 604,700 | - | - | 64,473,114 |
| BMY | UNCHANGED | 1,040,700 | 1,040,700 | 0.0% | 59,965,134 |
| TPR | ADDED | 356,576 | 256,400 | 39.07% | 52,195,595 |
| TT | ADDED | 104,000 | 45,000 | 131.11% | 51,080,640 |
| ADI | ADDED | 125,940 | 62,200 | 102.48% | 50,019,590 |
| FTNT | NEW | 309,800 | - | - | 47,591,476 |
| ADBE | ADDED | 217,760 | 88,400 | 146.33% | 44,645,155 |
| HPQ | ADDED | 1,785,815 | 1,432,115 | 24.7% | 39,180,781 |
| ADSK | ADDED | 200,292 | 138,192 | 44.94% | 38,940,771 |
| FFIV | ADDED | 91,010 | 26,330 | 245.65% | 37,856,520 |
| FTV | ADDED | 604,400 | 388,700 | 55.49% | 36,922,796 |
| WSM | UNCHANGED | 155,700 | 155,700 | 0.0% | 36,293,670 |
| KEYS | NEW | 103,120 | - | - | 36,099,218 |
| HCA | UNCHANGED | 92,447 | 92,447 | 0.0% | 36,044,161 |
| MSI | UNCHANGED | 85,560 | 85,560 | 0.0% | 35,532,212 |
| CRM | ADDED | 223,000 | 191,000 | 16.75% | 34,935,180 |
| INTU | ADDED | 128,000 | 51,240 | 149.8% | 33,408,000 |
| GEN | ADDED | 1,320,600 | 665,100 | 98.56% | 32,869,734 |
| CAH | ADDED | 131,000 | 86,100 | 52.15% | 31,120,360 |
| AMGN | UNCHANGED | 83,980 | 83,980 | 0.0% | 30,410,838 |
| CTAS | UNCHANGED | 177,796 | 177,796 | 0.0% | 30,239,544 |
| VZ | REDUCED | 671,900 | 705,000 | -4.7% | 28,448,246 |
| OTIS | REDUCED | 394,800 | 410,000 | -3.71% | 28,267,680 |
| PTC | ADDED | 234,626 | 15,426 | 1420.98% | 26,655,860 |
| ROL | UNCHANGED | 635,417 | 635,417 | 0.0% | 26,522,306 |
| ROST | ADDED | 114,000 | 82,900 | 37.52% | 24,264,900 |
| EME | ADDED | 28,721 | 25,401 | 13.07% | 23,834,983 |
| SNA | UNCHANGED | 57,900 | 57,900 | 0.0% | 23,298,960 |
| WDAY | NEW | 134,100 | - | - | 16,416,522 |
| CL | UNCHANGED | 178,909 | 178,909 | 0.0% | 16,402,377 |
| CMCSA | REDUCED | 658,400 | 704,900 | -6.6% | 16,163,720 |
| DECK | ADDED | 159,472 | 22,500 | 608.76% | 15,833,975 |
| YUM | UNCHANGED | 94,600 | 94,600 | 0.0% | 15,122,756 |
| DGX | ADDED | 66,000 | 34,500 | 91.3% | 13,988,700 |
| MTD | ADDED | 10,850 | 2,540 | 327.17% | 13,860,984 |
| AME | ADDED | 56,672 | 35,872 | 57.98% | 13,711,224 |
| TRMB | UNCHANGED | 261,800 | 261,800 | 0.0% | 13,398,924 |
| NDSN | NEW | 34,300 | - | - | 10,347,967 |
| VLTO | UNCHANGED | 111,000 | 111,000 | 0.0% | 9,843,480 |
| VRSK | REDUCED | 54,280 | 61,400 | -11.6% | 9,744,888 |
| RMD | ADDED | 48,605 | 9,605 | 406.04% | 9,472,142 |
| L | REDUCED | 63,400 | 75,500 | -16.03% | 7,177,514 |
| ALL | NEW | 29,800 | - | - | 7,090,612 |
| MNST | UNCHANGED | 64,700 | 64,700 | 0.0% | 6,218,964 |
| TRV | REDUCED | 13,800 | 18,000 | -23.33% | 4,555,656 |
| PM | UNCHANGED | 23,040 | 23,040 | 0.0% | 4,168,166 |
| FOXA | UNCHANGED | 65,100 | 65,100 | 0.0% | 3,395,616 |
| DPZ | UNCHANGED | 9,700 | 9,700 | 0.0% | 2,871,588 |
| KR | UNCHANGED | 37,110 | 37,110 | 0.0% | 2,060,718 |
| PANW | CLOSED OUT | 0 | 982,856 | -100.0% | 0 |
| NOW | CLOSED OUT | 0 | 892,280 | -100.0% | 0 |
| WMT | CLOSED OUT | 0 | 340,239 | -100.0% | 0 |
| GDDY | CLOSED OUT | 0 | 263,700 | -100.0% | 0 |
| IT | CLOSED OUT | 0 | 91,378 | -100.0% | 0 |
| DOCU | CLOSED OUT | 0 | 87,200 | -100.0% | 0 |
| SOLV | CLOSED OUT | 0 | 47,800 | -100.0% | 0 |
| MDT | CLOSED OUT | 0 | 45,200 | -100.0% | 0 |
| BKNG | CLOSED OUT | 0 | 11,472 | -100.0% | 0 |
| TTAN | CLOSED OUT | 0 | 4,270 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| NVDA | ADDED | NVIDIA CORPORATION | COM | 67066G104 | 471,472,067 | 5.93 | 2356300.0 |
| AAPL | ADDED | APPLE INC | COM | 037833100 | 382,182,637 | 4.8 | 1320786.0 |
| GOOGL | ADDED | ALPHABET INC | CAP STK CL A | 02079K305 | 332,007,451 | 4.17 | 929030.0 |
| LRCX | REDUCED | LAM RESEARCH CORP | COM NEW | 512807306 | 327,034,151 | 4.11 | 754700.0 |
| AVGO | ADDED | BROADCOM INC | COM | 11135F101 | 321,915,528 | 4.05 | 852192.0 |
| KLAC | ADDED | KLA CORP | COM NEW | 482480100 | 279,580,175 | 3.51 | 926652.0 |
| AMZN | REDUCED | AMAZON COM INC | COM | 023135106 | 237,396,174 | 2.98 | 996040.0 |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 230,216,753 | 2.89 | 617170.0 |
| - | TEXAS INSTRS INC | COM | 882508104 | 226,643,784 | 2.85 | 760371.0 | |
| V | ADDED | VISA INC | COM CL A | 92826C839 | 215,693,478 | 2.71 | 628679.0 |
| ANET | NEW | ARISTA NETWORKS INC | COM SHS | 040413205 | 201,282,318 | 2.53 | 1184850.0 |
| ABBV | REDUCED | ABBVIE INC | COM | 00287Y109 | 199,537,686 | 2.51 | 792949.0 |
| - | BANK OF AMER CORP | COM | 060505104 | 198,598,092 | 2.5 | 3485400.0 | |
| META | REDUCED | META PLATFORMS INC | CL A | 30303M102 | 192,757,838 | 2.42 | 342200.0 |
| NEE | REDUCED | NEXTERA ENERGY INC | COM | 65339F101 | 180,493,037 | 2.27 | 2056432.0 |
| TMO | REDUCED | THERMO FISHER SCIENTIFIC INC | COM | 883556102 | 179,973,199 | 2.26 | 358970.0 |
| EQIX | REDUCED | EQUINIX INC | COM | 29444U700 | 170,940,494 | 2.15 | 163989.0 |
| JNJ | UNCHANGED | JOHNSON & JOHNSON | COM | 478160104 | 165,089,643 | 2.08 | 650036.0 |
| GILD | REDUCED | GILEAD SCIENCES INC | COM | 375558103 | 163,685,599 | 2.06 | 1295596.0 |
| CEG | REDUCED | CONSTELLATION ENERGY CORP | COM | 21037T109 | 154,227,835 | 1.94 | 620960.0 |
| - | AMPHENOL CORP | CL A | 032095101 | 151,123,872 | 1.9 | 857100.0 | |
| - | QUALCOMM INC | COM | 747525103 | 149,199,446 | 1.88 | 807400.0 | |
| MA | REDUCED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 148,759,104 | 1.87 | 289640.0 |
| LNG | REDUCED | CHENIERE ENERGY INC | COM NEW | 16411R208 | 140,122,003 | 1.76 | 586260.0 |
| - | CISCO SYS INC | COM | 17275R102 | 138,024,427 | 1.74 | 1175076.0 | |
| SYK | REDUCED | STRYKER CORPORATION | COM | 863667101 | 128,366,565 | 1.61 | 407720.0 |
| - | PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 | 110,430,354 | 1.39 | 1360650.0 | |
| MO | REDUCED | ALTRIA GROUP INC | COM | 02209S103 | 90,987,970 | 1.14 | 1264600.0 |
| NTAP | ADDED | NETAPP INC | COM | 64110D104 | 82,216,250 | 1.03 | 531250.0 |
| MCK | REDUCED | MCKESSON CORP | COM | 58155Q103 | 81,334,295 | 1.02 | 107642.0 |
| FAST | REDUCED | FASTENAL CO | COM | 311900104 | 79,540,082 | 1.0 | 1656050.0 |
| - | WW GRAINGER INC | COM | 384802104 | 73,526,899 | 0.92 | 54048.0 | |
| PH | UNCHANGED | PARKER-HANNIFIN CORP | COM | 701094104 | 71,794,008 | 0.9 | 73400.0 |
| EXPE | ADDED | EXPEDIA GROUP INC | COM NEW | 30212P303 | 68,744,465 | 0.86 | 268659.0 |
| INSM | NEW | INSMED INC | COM PAR $.01 | 457669307 | 64,473,114 | 0.81 | 604700.0 |
| BMY | UNCHANGED | BRISTOL-MYERS SQUIBB CO | COM | 110122108 | 59,965,134 | 0.75 | 1040700.0 |
| - | CADENCE DESIGN SYSTEM INC | COM | 127387108 | 54,871,784 | 0.69 | 146200.0 | |
| TPR | ADDED | TAPESTRY INC | COM | 876030107 | 52,195,595 | 0.66 | 356576.0 |
| TT | ADDED | TRANE TECHNOLOGIES PLC | SHS | G8994E103 | 51,080,640 | 0.64 | 104000.0 |
| ADI | ADDED | ANALOG DEVICES INC | COM | 032654105 | 50,019,590 | 0.63 | 125940.0 |
| FTNT | NEW | FORTINET INC | COM | 34959E109 | 47,591,476 | 0.6 | 309800.0 |
| ADBE | ADDED | ADOBE INC | COM | 00724F101 | 44,645,155 | 0.56 | 217760.0 |
| - | TJX COS INC NEW | COM | 872540109 | 40,935,300 | 0.51 | 270200.0 | |
| HPQ | ADDED | HP INC | COM | 40434L105 | 39,180,781 | 0.49 | 1785815.0 |
| ADSK | ADDED | AUTODESK INC | COM | 052769106 | 38,940,771 | 0.49 | 200292.0 |
| FFIV | ADDED | F5 INC | COM | 315616102 | 37,856,520 | 0.48 | 91010.0 |
| FTV | ADDED | FORTIVE CORP | COM | 34959J108 | 36,922,796 | 0.46 | 604400.0 |
| WSM | UNCHANGED | WILLIAMS SONOMA INC | COM | 969904101 | 36,293,670 | 0.46 | 155700.0 |
| KEYS | NEW | KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | 36,099,218 | 0.45 | 103120.0 |
| HCA | UNCHANGED | HCA HEALTHCARE INC | COM | 40412C101 | 36,044,161 | 0.45 | 92447.0 |
| MSI | UNCHANGED | MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | 35,532,212 | 0.45 | 85560.0 |
| CRM | ADDED | SALESFORCE INC | COM | 79466L302 | 34,935,180 | 0.44 | 223000.0 |
| - | INTERNATIONAL BUSINESS MACHS | COM | 459200101 | 34,189,512 | 0.43 | 121580.0 | |
| INTU | ADDED | INTUIT | COM | 461202103 | 33,408,000 | 0.42 | 128000.0 |
| GEN | ADDED | GEN DIGITAL INC | COM | 668771108 | 32,869,734 | 0.41 | 1320600.0 |
| CAH | ADDED | CARDINAL HEALTH INC | COM | 14149Y108 | 31,120,360 | 0.39 | 131000.0 |
| - | HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | 30,468,412 | 0.38 | 92200.0 | |
| AMGN | UNCHANGED | AMGEN INC | COM | 031162100 | 30,410,838 | 0.38 | 83980.0 |
| CTAS | UNCHANGED | CINTAS CORP | COM | 172908105 | 30,239,544 | 0.38 | 177796.0 |
| VZ | REDUCED | VERIZON COMMUNICATIONS INC | COM | 92343V104 | 28,448,246 | 0.36 | 671900.0 |
| OTIS | REDUCED | OTIS WORLDWIDE CORP | COM | 68902V107 | 28,267,680 | 0.36 | 394800.0 |
| PTC | ADDED | PTC INC | COM | 69370C100 | 26,655,860 | 0.34 | 234626.0 |
| ROL | UNCHANGED | ROLLINS INC | COM | 775711104 | 26,522,306 | 0.33 | 635417.0 |
| ROST | ADDED | ROSS STORES INC | COM | 778296103 | 24,264,900 | 0.31 | 114000.0 |
| - | ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | 23,909,653 | 0.3 | 192138.0 | |
| - | IDEXX LABS INC | COM | 45168D104 | 23,879,318 | 0.3 | 45360.0 | |
| EME | ADDED | EMCOR GROUP INC | COM | 29084Q100 | 23,834,983 | 0.3 | 28721.0 |
| - | ILLINOIS TOOL WKS INC | COM | 452308109 | 23,585,795 | 0.3 | 87203.0 | |
| SNA | UNCHANGED | SNAP ON INC | COM | 833034101 | 23,298,960 | 0.29 | 57900.0 |
| - | COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 | 19,577,240 | 0.25 | 505480.0 | |
| WDAY | NEW | WORKDAY INC | CL A | 98138H101 | 16,416,522 | 0.21 | 134100.0 |
| CL | UNCHANGED | COLGATE PALMOLIVE CO | COM | 194162103 | 16,402,377 | 0.21 | 178909.0 |
| CMCSA | REDUCED | COMCAST CORP NEW | CL A | 20030N101 | 16,163,720 | 0.2 | 658400.0 |
| - | CF INDUSTRIES HOLD | COM | 125269100 | 16,087,436 | 0.2 | 148600.0 | |
| DECK | ADDED | DECKERS OUTDOOR CORP | COM | 243537107 | 15,833,975 | 0.2 | 159472.0 |
| - | TARGA RES CORP | COM | 87612G101 | 15,149,910 | 0.19 | 56500.0 | |
| YUM | UNCHANGED | YUM BRANDS INC | COM | 988498101 | 15,122,756 | 0.19 | 94600.0 |
| DGX | ADDED | QUEST DIAGNOSTICS INC | COM | 74834L100 | 13,988,700 | 0.18 | 66000.0 |
| MTD | ADDED | METTLER TOLEDO INTERNATIONAL | COM | 592688105 | 13,860,984 | 0.17 | 10850.0 |
| AME | ADDED | AMETEK INC | COM | 031100100 | 13,711,224 | 0.17 | 56672.0 |
| - | CBOE GLOBAL MKTS INC | COM | 12503M108 | 13,638,054 | 0.17 | 56200.0 | |
| TRMB | UNCHANGED | TRIMBLE INC | COM | 896239100 | 13,398,924 | 0.17 | 261800.0 |
| - | FIDELITY NATL FINL INC | COM SHS | 31620R303 | 13,138,776 | 0.17 | 278600.0 | |
| - | EXPEDITORS INTL WASH INC | COM | 302130109 | 12,353,884 | 0.16 | 75800.0 | |
| NDSN | NEW | NORDSON CORP | COM | 655663102 | 10,347,967 | 0.13 | 34300.0 |
| - | BANK OF NY MELLON CORP | COM | 064058100 | 10,166,083 | 0.13 | 70300.0 | |
| - | VERISIGN INC | COM | 92343E102 | 10,112,712 | 0.13 | 40200.0 | |
| VLTO | UNCHANGED | VERALTO CORP | COM SHS | 92338C103 | 9,843,480 | 0.12 | 111000.0 |
| VRSK | REDUCED | VERISK ANALYTICS INC | COM | 92345Y106 | 9,744,888 | 0.12 | 54280.0 |
| RMD | ADDED | RESMED INC | COM | 761152107 | 9,472,142 | 0.12 | 48605.0 |
| L | REDUCED | LOEWS CORP | COM | 540424108 | 7,177,514 | 0.09 | 63400.0 |
| ALL | NEW | ALLSTATE CORP | COM | 020002101 | 7,090,612 | 0.09 | 29800.0 |
| - | RPM INTL INC | COM | 749685103 | 7,013,565 | 0.09 | 63100.0 | |
| MNST | UNCHANGED | MONSTER BEVERAGE CORP NEW | COM | 61174X109 | 6,218,964 | 0.08 | 64700.0 |
| TRV | REDUCED | TRAVELERS COMPANIES INC | COM | 89417E109 | 4,555,656 | 0.06 | 13800.0 |
| PM | UNCHANGED | PHILIP MORRIS INTL INC | COM | 718172109 | 4,168,166 | 0.05 | 23040.0 |
| - | MARATHON PETE CORP | COM | 56585A102 | 3,886,184 | 0.05 | 15200.0 | |
| FOXA | UNCHANGED | FOX CORP | CL A COM | 35137L105 | 3,395,616 | 0.04 | 65100.0 |
| DPZ | UNCHANGED | DOMINOS PIZZA INC | COM | 25754A201 | 2,871,588 | 0.04 | 9700.0 |
| - | BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 | 2,424,015 | 0.03 | 17700.0 | |
| KR | UNCHANGED | KROGER CO | COM | 501044101 | 2,060,718 | 0.03 | 37110.0 |
| - | CROWDSTRIKE HLDGS INC | CL A | 22788C105 | 1,671,277 | 0.02 | 2190.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 7,954,920,506 | 102 | 17.347008 | 0.847465 | 26.338242 |
| 2026-03-31 | 2026-05-12 | 7,025,105,164 | 103 | 15.690107 | 0.773619 | 25.696271 |
| 2025-12-31 | 2026-02-10 | 8,512,243,561 | 106 | 14.963005 | 0.739756 | 24.431659 |
| 2025-09-30 | 2025-10-22 | 7,381,550,038 | 117 | 13.545957 | 0.668644 | 23.305828 |
| 2025-03-31 | 2025-05-12 | 7,046,130,739 | 212 | 11.591236 | 0.555946 | 21.73838 |
| 2024-12-31 | 2025-02-12 | 7,540,169,189 | 208 | 12.518613 | 0.605809 | 22.545443 |