Railway Pension Investments Ltd

Pension

CIK

1658020

Location

LONDON, X0

Portfolio Value

Small $154,001,666

Diversification

Diversified

Filing Date

Global Rank

#525 / 8,588 ▼ 53

Top Industry

Semiconductors 11.5%

3Y Alpha vs SPY

-7.7%

Period ended 3 months ago

Filed May 12, 2026 · 36d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+46.4%

SPY

+76.8%

Annualised alpha

-7.4%

Max drawdown

−15.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

103 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.3%

−1.0 pts

Top 5

19.4%

−1.1 pts

Top 10

34.9%

+1.4 pts

HHI

230

Diversified+6

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	37.0%	$2,601,007,045	35
Healthcare	18.6%	$1,306,613,248	17
Consumer Cyclical	9.6%	$676,114,378	14
Communication Services	7.9%	$552,571,962	5
Utilities	7.6%	$532,415,090	3
Industrials	5.5%	$384,246,117	13
Financial Services	5.0%	$352,315,908	7
Energy	3.5%	$242,643,176	1
Real Estate	2.9%	$202,389,172	1
Consumer Defensive	2.2%	$154,001,666	6
Basic Materials	0.3%	$20,787,384	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
SYK	Stryker Corp	+451,160	489,760	$160,930,238
GDDY	GoDaddy Inc.	+219,600	263,700	$21,800,079
CEG	Constellation Energy Corp	+86,020	632,760	$176,698,230
AMZN	Amazon Com Inc	+76,800	1,121,800	$233,637,286
ADBE	Adobe Inc.	+73,000	88,400	$21,488,272
ROST	Ross Stores, Inc.	+64,600	82,900	$17,958,627
META	Meta Platforms, Inc.	+57,620	399,440	$228,531,607
INTU	Intuit Inc.	+23,040	51,240	$22,155,151
EME	EMCOR Group, Inc.	+1,840	25,401	$18,753,812
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PEG	Public Service Enterprise Group Inc	−502,900	1,722,350	$139,424,232
HPQ	Hp Inc	−327,400	1,432,115	$27,510,929
GOOGL	Alphabet Inc.	−278,230	920,190	$264,609,836
FAST	Fastenal Co	−197,960	1,686,750	$78,265,200
NEE	Nextera Energy Inc	−189,000	2,328,732	$216,292,628
MO	Altria Group, Inc.	−174,400	1,292,400	$85,285,476
CSCO	Cisco Systems, Inc.	−150,600	1,138,076	$88,303,316
BMY	Bristol Myers Squibb Co	−143,700	1,040,700	$63,118,455
NOW	ServiceNow, Inc.	−140,720	892,280	$93,287,874
NVDA	Nvidia Corp	−119,700	1,407,700	$245,502,880
MSFT	Microsoft Corp	−108,240	1,013,270	$375,082,155
CTSH	Cognizant Technology Solutions Corp	−107,400	434,580	$26,661,483
QCOM	Qualcomm Inc/De	−104,500	942,600	$121,388,028
ORLY	O Reilly Automotive Inc	−103,600	1,156,151	$106,724,298
VZ	Verizon Communications Inc	−102,000	705,000	$35,391,000
GILD	Gilead Sciences, Inc.	−95,900	1,303,365	$181,649,980
ROL	Rollins Inc	−92,200	635,417	$33,937,621
APH	Amphenol Corp /De/	−88,500	847,200	$107,043,720
CMCSA	Comcast Corp	−87,600	704,900	$20,237,679
NTAP	NetApp, Inc.	−74,300	515,150	$52,746,208
JNJ	Johnson & Johnson	−73,400	650,036	$158,894,799
AAPL	Apple Inc.	−71,600	681,852	$173,047,219
IDXX	Idexx Laboratories Inc /De	−69,600	256,480	$144,113,547
EXPE	Expedia Group, Inc.	−65,200	265,700	$61,347,473
V	Visa Inc.	−64,760	560,679	$169,459,620
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
MAR	Marriott International Inc /Md/	106,600	$34,865,662
FTV	Fortive Corp	388,700	$21,487,336
ADI	Analog Devices Inc	62,200	$19,788,308
CAH	Cardinal Health Inc	86,100	$18,193,791
CBOE	Cboe Global Markets, Inc.	37,800	$10,624,446
DGX	Quest Diagnostics Inc	34,500	$6,761,310
DOCU	Docusign, Inc.	87,200	$4,134,152
FOXA	Fox Corp	65,100	$3,801,840
MTD	Mettler Toledo International Inc/	2,540	$3,203,448
SOLV	Solventum Corp	47,800	$3,121,340
TTAN	ServiceTitan, Inc.	4,270	$270,974
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
SPGI	S&P Global Inc.	368,900	$192,783,451
LPLA	LPL Financial Holdings Inc.	445,280	$159,040,657
DHR	Danaher Corp /De/	689,899	$157,931,679
MRK	Merck & Co., Inc.	1,155,015	$121,576,878
AZO	Autozone Inc	24,102	$81,741,933
CHKP	Check Point Software Technologies Ltd	166,329	$30,864,009
BSX	Boston Scientific Corp	259,900	$24,781,465
ROP	Roper Technologies Inc	37,900	$16,870,427
EA	Electronic Arts Inc.	67,301	$13,751,613
HOLX	HOLOGIC INC	157,200	$11,709,828
ABT	Abbott Laboratories	74,700	$9,359,163
RPM	Rpm International Inc/De/	70,200	$7,300,800
CMI	Cummins Inc	8,900	$4,543,005
FG	F&G Annuities & Life, Inc.	5,760	$177,696
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $154,001,666 total · Consumer Defensive only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MO	Altria Group, Inc. Consumer Defensive	Reduced	1,292,400	-174,400	$85,285,476	+0.8%	55.38%
WMT	Walmart Inc. Consumer Defensive	Reduced	340,239	-49,900	$42,284,902	−2.7%	27.46%
CL	Colgate Palmolive Co Consumer Defensive	Held	178,909	0	$15,248,414	+7.9%	9.90%
MNST	Monster Beverage Corp Consumer Defensive	Held	64,700	0	$4,688,162	−5.5%	3.04%
PM	Philip Morris International Inc. Consumer Defensive	Held	23,040	0	$3,809,433	+3.1%	2.47%
KR	Kroger Co Consumer Defensive	Held	37,110	0	$2,685,279	+15.8%	1.74%