13F holdings
Railway Pension Investments Ltd portfolio
Managed by . 103 reported positions worth $7.0B as of 2026-03-31, filed with the SEC on 2026-05-12. Parsed from the filing itself, not a reseller.
$7.0B
Book value
103
Positions
35%
Top 10 weight
+11
New this quarter
-14
Exited
134 days
Age today
How old this actually is
Every position on this page is a snapshot of 2026-03-31. It was already 42 days old on 2026-05-12, the day it first became public. Today it is 134 days old.
That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.
What changed
Positions opened and closed
Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.
New positions (11)
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| MAR | MARRIOTT INTL INC NEW | $34.9M | 106,600 | 0.50% |
| FTV | FORTIVE CORP | $21.5M | 388,700 | 0.31% |
| ADI | ANALOG DEVICES INC | $19.8M | 62,200 | 0.28% |
| CAH | CARDINAL HEALTH INC | $18.2M | 86,100 | 0.26% |
| CBOE | CBOE GLOBAL MKTS INC | $10.6M | 37,800 | 0.15% |
| DGX | QUEST DIAGNOSTICS INC | $6.8M | 34,500 | 0.10% |
| DOCU | DOCUSIGN INC | $4.1M | 87,200 | 0.06% |
| FOXA | FOX CORP | $3.8M | 65,100 | 0.05% |
| MTD | METTLER TOLEDO INTERNATIONAL | $3.2M | 2,540 | 0.05% |
| SOLV | SOLVENTUM CORP | $3.1M | 47,800 | 0.04% |
| TTAN | SERVICETITAN INC | $270,974 | 4,270 | 0.00% |
Closed out (14)
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| SPGI | S&P GLOBAL INC | $192.8M | 368,900 | 0.00% |
| LPLA | LPL FINL HLDGS INC | $159.0M | 445,280 | 0.00% |
| DHR | DANAHER CORPORATION | $157.9M | 689,899 | 0.00% |
| MRK | MERCK & CO INC | $121.6M | 1,155,015 | 0.00% |
| AZO | AUTOZONE INC | $81.7M | 24,102 | 0.00% |
| CHKP | CHECK POINT SOFTWARE TECH LT | $30.9M | 166,329 | 0.00% |
| BSX | BOSTON SCIENTIFIC CORP | $24.8M | 259,900 | 0.00% |
| ROP | ROPER TECHNOLOGIES INC | $16.9M | 37,900 | 0.00% |
| EA* | ELECTRONIC ARTS INC | $13.8M | 67,301 | 0.00% |
| HO1 | HOLOGIC INC | $11.7M | 157,200 | 0.00% |
| ABT | ABBOTT LABS | $9.4M | 74,700 | 0.00% |
| RPM | RPM INTL INC | $7.3M | 70,200 | 0.00% |
| CMI | CUMMINS INC | $4.5M | 8,900 | 0.00% |
| FG | F&G ANNUITIES & LIFE INC | $177,696 | 5,760 | 0.00% |
Added to (9)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| AMZN | AMAZON COM INC | $233.6M | 1,121,800 | 3.33% | +7% |
| META | META PLATFORMS INC | $228.5M | 399,440 | 3.25% | +17% |
| CEG | CONSTELLATION ENERGY CORP | $176.7M | 632,760 | 2.52% | +16% |
| SYK | STRYKER CORPORATION | $160.9M | 489,760 | 2.29% | +1169% |
| INTU | INTUIT | $22.2M | 51,240 | 0.32% | +82% |
| GDDY | GODADDY INC | $21.8M | 263,700 | 0.31% | +498% |
| ADBE | ADOBE INC | $21.5M | 88,400 | 0.31% | +474% |
| EME | EMCOR GROUP INC | $18.8M | 25,401 | 0.27% | +8% |
| ROST | ROSS STORES INC | $18.0M | 82,900 | 0.26% | +353% |
Trimmed (54)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| GOOGL | ALPHABET INC | $264.6M | 920,190 | 3.77% | -23% |
| PEG | PUBLIC SVC ENTERPRISE GROUP | $139.4M | 1,722,350 | 1.98% | -23% |
| IDXX | IDEXX LABS INC | $144.1M | 256,480 | 2.05% | -21% |
| IBM | INTERNATIONAL BUSINESS MACHS | $29.5M | 121,580 | 0.42% | -20% |
| CRM | SALESFORCE INC | $35.7M | 191,000 | 0.51% | -20% |
| CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $26.7M | 434,580 | 0.38% | -20% |
| EXPE | EXPEDIA GROUP INC | $61.3M | 265,700 | 0.87% | -20% |
| ADSK | AUTODESK INC | $33.1M | 138,192 | 0.47% | -19% |
| HPQ | HP INC | $27.5M | 1,432,115 | 0.39% | -19% |
| BKNG | BOOKING HOLDINGS INC | $48.3M | 11,472 | 0.69% | -18% |
| TPR | TAPESTRY INC | $36.2M | 256,400 | 0.52% | -18% |
| CDNS | CADENCE DESIGN SYSTEM INC | $39.1M | 140,720 | 0.56% | -15% |
| NOW | SERVICENOW INC | $93.3M | 892,280 | 1.33% | -14% |
| HCA | HCA HEALTHCARE INC | $43.7M | 92,447 | 0.62% | -13% |
| WSM | WILLIAMS SONOMA INC | $28.4M | 155,700 | 0.40% | -13% |
The book
All reported holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| MSFT | MICROSOFT CORP | $375.1M | 1,013,270 | 5.34% | — |
| GOOGL | ALPHABET INC | $264.6M | 920,190 | 3.77% | — |
| NVDA | NVIDIA CORPORATION | $245.5M | 1,407,700 | 3.49% | — |
| LNG | CHENIERE ENERGY INC | $242.6M | 855,100 | 3.45% | — |
| AMZN | AMAZON COM INC | $233.6M | 1,121,800 | 3.33% | — |
| AVGO | BROADCOM INC | $233.6M | 754,692 | 3.32% | — |
| META | META PLATFORMS INC | $228.5M | 399,440 | 3.25% | — |
| NEE | NEXTERA ENERGY INC | $216.3M | 2,328,732 | 3.08% | — |
| LRCX | LAM RESEARCH CORP | $209.9M | 982,200 | 2.99% | — |
| EQIX | EQUINIX INC | $202.4M | 206,469 | 2.88% | — |
| TMO | THERMO FISHER SCIENTIFIC INC | $201.0M | 408,930 | 2.86% | — |
| TXN | TEXAS INSTRS INC | $190.6M | 981,511 | 2.71% | — |
| GILD | GILEAD SCIENCES INC | $181.6M | 1,303,365 | 2.59% | — |
| CEG | CONSTELLATION ENERGY CORP | $176.7M | 632,760 | 2.52% | — |
| ABBV | ABBVIE INC | $174.2M | 800,849 | 2.48% | — |
| AAPL | APPLE INC | $173.0M | 681,852 | 2.46% | — |
| V | VISA INC | $169.5M | 560,679 | 2.41% | — |
| SYK | STRYKER CORPORATION | $160.9M | 489,760 | 2.29% | — |
| JNJ | JOHNSON & JOHNSON | $158.9M | 650,036 | 2.26% | — |
| PANW | PALO ALTO NETWORKS INC | $157.6M | 982,856 | 2.24% | — |
| MA | MASTERCARD INCORPORATED | $146.1M | 292,460 | 2.08% | — |
| IDXX | IDEXX LABS INC | $144.1M | 256,480 | 2.05% | — |
| PEG | PUBLIC SVC ENTERPRISE GROUP | $139.4M | 1,722,350 | 1.98% | — |
| KLAC | KLA CORP | $128.7M | 87,387 | 1.83% | — |
| QCOM | QUALCOMM INC | $121.4M | 942,600 | 1.73% | — |
| APH | AMPHENOL CORP | $107.0M | 847,200 | 1.52% | — |
| ORLY | OREILLY AUTOMOTIVE INC | $106.7M | 1,156,151 | 1.52% | — |
| MCK | MCKESSON CORP | $94.9M | 109,682 | 1.35% | — |
| NOW | SERVICENOW INC | $93.3M | 892,280 | 1.33% | — |
| CSCO | CISCO SYS INC | $88.3M | 1,138,076 | 1.26% | — |
| MO | ALTRIA GROUP INC | $85.3M | 1,292,400 | 1.21% | — |
| FAST | FASTENAL CO | $78.3M | 1,686,750 | 1.11% | — |
| PH | PARKER-HANNIFIN CORP | $65.7M | 73,400 | 0.94% | — |
| BMY | BRISTOL-MYERS SQUIBB CO | $63.1M | 1,040,700 | 0.90% | — |
| EXPE | EXPEDIA GROUP INC | $61.3M | 265,700 | 0.87% | — |
| GWW | WW GRAINGER INC | $60.2M | 55,208 | 0.86% | — |
| NTAP | NETAPP INC | $52.7M | 515,150 | 0.75% | — |
| BKNG | BOOKING HOLDINGS INC | $48.3M | 11,472 | 0.69% | — |
| HCA | HCA HEALTHCARE INC | $43.7M | 92,447 | 0.62% | — |
| TJX | TJX COS INC NEW | $42.7M | 267,100 | 0.61% | — |
| WMT | WALMART INC | $42.3M | 340,239 | 0.60% | — |
| CDNS | CADENCE DESIGN SYSTEM INC | $39.1M | 140,720 | 0.56% | — |
| MSI | MOTOROLA SOLUTIONS INC | $37.1M | 85,560 | 0.53% | — |
| TPR | TAPESTRY INC | $36.2M | 256,400 | 0.52% | — |
| CRM | SALESFORCE INC | $35.7M | 191,000 | 0.51% | — |
| VZ | VERIZON COMMUNICATIONS INC | $35.4M | 705,000 | 0.50% | — |
| MAR | MARRIOTT INTL INC NEW | $34.9M | 106,600 | 0.50% | — |
| ROL | ROLLINS INC | $33.9M | 635,417 | 0.48% | — |
| ADSK | AUTODESK INC | $33.1M | 138,192 | 0.47% | — |
| OTIS | OTIS WORLDWIDE CORP | $31.6M | 410,000 | 0.45% | — |
| CTAS | CINTAS CORP | $30.1M | 177,796 | 0.43% | — |
| AMGN | AMGEN INC | $29.5M | 83,980 | 0.42% | — |
| IBM | INTERNATIONAL BUSINESS MACHS | $29.5M | 121,580 | 0.42% | — |
| WSM | WILLIAMS SONOMA INC | $28.4M | 155,700 | 0.40% | — |
| HPQ | HP INC | $27.5M | 1,432,115 | 0.39% | — |
| CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $26.7M | 434,580 | 0.38% | — |
| INTU | INTUIT | $22.2M | 51,240 | 0.32% | — |
| GDDY | GODADDY INC | $21.8M | 263,700 | 0.31% | — |
| ADBE | ADOBE INC | $21.5M | 88,400 | 0.31% | — |
| FTV | FORTIVE CORP | $21.5M | 388,700 | 0.31% | — |
| SNA | SNAP ON INC | $21.0M | 57,900 | 0.30% | — |
| CF | CF INDUSTRIES HOLD | $20.8M | 160,100 | 0.30% | — |
| CMCSA | COMCAST CORP NEW | $20.2M | 704,900 | 0.29% | — |
| ITW | ILLINOIS TOOL WKS INC | $19.8M | 76,163 | 0.28% | — |
| ADI | ANALOG DEVICES INC | $19.8M | 62,200 | 0.28% | — |
| EME | EMCOR GROUP INC | $18.8M | 25,401 | 0.27% | — |
| TT | TRANE TECHNOLOGIES PLC | $18.8M | 45,000 | 0.27% | — |
| CAH | CARDINAL HEALTH INC | $18.2M | 86,100 | 0.26% | — |
| ROST | ROSS STORES INC | $18.0M | 82,900 | 0.26% | — |
| ACN | ACCENTURE PLC IRELAND | $17.9M | 90,225 | 0.25% | — |
| UHS | UNIVERSAL HLTH SVCS INC | $17.2M | 95,900 | 0.24% | — |
| TRMB | TRIMBLE INC | $17.1M | 261,800 | 0.24% | — |
| CL | COLGATE PALMOLIVE CO | $15.2M | 178,909 | 0.22% | — |
| YUM | YUM BRANDS INC | $14.7M | 94,600 | 0.21% | — |
| IT | GARTNER INC | $14.5M | 91,378 | 0.21% | — |
| GEN | GEN DIGITAL INC | $12.5M | 665,100 | 0.18% | — |
| HLT | HILTON WORLDWIDE HLDGS INC | $11.7M | 38,400 | 0.17% | — |
| VRSK | VERISK ANALYTICS INC | $11.7M | 61,400 | 0.17% | — |
| EXPD | EXPEDITORS INTL WASH INC | $10.9M | 75,800 | 0.15% | — |
| CBOE | CBOE GLOBAL MKTS INC | $10.6M | 37,800 | 0.15% | — |
| VRSN | VERISIGN INC | $10.0M | 40,200 | 0.14% | — |
| VLTO | VERALTO CORP | $9.8M | 111,000 | 0.14% | — |
| BNY | BANK NEW YORK MELLON CORP | $8.3M | 70,300 | 0.12% | — |
| L | LOEWS CORP | $8.1M | 75,500 | 0.11% | — |
| AME | AMETEK INC | $7.7M | 35,872 | 0.11% | — |
| FFIV | F5 INC | $7.6M | 26,330 | 0.11% | — |
| DGX | QUEST DIAGNOSTICS INC | $6.8M | 34,500 | 0.10% | — |
| TRV | TRAVELERS COMPANIES INC | $5.3M | 18,000 | 0.07% | — |
| MNST | MONSTER BEVERAGE CORP NEW | $4.7M | 64,700 | 0.07% | — |
| FNF | FIDELITY NATL FINL INC | $4.5M | 96,000 | 0.06% | — |
| DOCU | DOCUSIGN INC | $4.1M | 87,200 | 0.06% | — |
| MDT | MEDTRONIC PLC | $3.9M | 45,200 | 0.06% | — |
| PM | PHILIP MORRIS INTL INC | $3.8M | 23,040 | 0.05% | — |
| FOXA | FOX CORP | $3.8M | 65,100 | 0.05% | — |
| DPZ | DOMINOS PIZZA INC | $3.5M | 9,700 | 0.05% | — |
| MTD | METTLER TOLEDO INTERNATIONAL | $3.2M | 2,540 | 0.05% | — |
| SOLV | SOLVENTUM CORP | $3.1M | 47,800 | 0.04% | — |
| BR | BROADRIDGE FINL SOLUTIONS IN | $2.9M | 17,700 | 0.04% | — |
| KR | KROGER CO | $2.7M | 37,110 | 0.04% | — |
| DECK | DECKERS OUTDOOR CORP | $2.3M | 22,500 | 0.03% | — |
| PTC | PTC INC | $2.2M | 15,426 | 0.03% | — |
| RMD | RESMED INC | $2.2M | 9,605 | 0.03% | — |
| TTAN | SERVICETITAN INC | $270,974 | 4,270 | 0.00% | — |
Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.
Read the original
This page was built from one document: the 2026-03-31 Form 13F info table filed by Railway Pension Investments Ltd (CIK 1658020, accession 0001658020-26-000003). Every other 13F site is reading the same file.
If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager
What a 13F cannot show you
A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:
- No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
- No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
- No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
- Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
- Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.
Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test
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