Board of the Pension Protection Fund

CIK

2041021

Location

CROYDON, X0

Portfolio Value

Small $104,108,005

Diversification

Diversified

Filing Date

Global Rank

#8,288 / 8,827 ▼ 288

Top Industry

Utilities - Regulated Electric 5.4%

Period ended 4 months ago

Filed Aug 7, 2026 · 3mo

7 quarters · since Dec 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 20.5%, 70.0 effective positions, active share 95.6% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

182.4% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 3.4 quarters (under 4)

Closest benchmark: the S&P 500 as of 2026-06-30, active share 95.6%; sector active share 23.6% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

110 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

2.6%

−0.0 pts

Top 5

11.4%

+0.7 pts

Top 10

20.5%

+1.2 pts

HHI

143

Diversified+13

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	18.1%	$18,856,544	22
Financial Services	17.1%	$17,765,246	17
Communication Services	12.4%	$12,924,808	11
Healthcare	9.2%	$9,536,885	9
Industrials	8.8%	$9,153,965	9
Consumer Cyclical	8.2%	$8,531,071	8
Consumer Defensive	7.2%	$7,495,785	10
Utilities	6.2%	$6,420,470	7
Energy	5.3%	$5,565,990	7
Basic Materials	4.0%	$4,183,849	4
Real Estate	2.8%	$2,898,402	5
Unclassified	0.7%	$774,990	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
KEY	Keycorp	+76,200	79,400	$1,830,170
CMCSA	Comcast Corp	+41,900	49,400	$1,212,770
LUV	Southwest Airlines Co	+34,000	35,100	$1,804,842
CFG	Citizens Financial Group Inc	+26,100	27,200	$1,905,904
KHC	Kraft Heinz Co	+23,000	24,000	$566,880
CNC	Centene Corp	+20,100	29,000	$1,861,510
NWSA	News Corp	+18,400	52,000	$1,291,160
FIS	Fidelity National Information Services, Inc.	+18,100	28,800	$1,119,744
RPRX	Royalty Pharma plc	+16,000	22,800	$1,278,396
FISV	Fiserv Inc	+14,100	15,800	$774,990
PINS	Pinterest, Inc.	+10,500	78,300	$1,646,649
LDOS	Leidos Holdings, Inc.	+10,100	12,800	$1,318,016
INCY	Incyte Corp	+6,800	17,600	$1,995,136
EQH	Equitable Holdings, Inc.	+6,200	40,800	$1,790,304
APTV	Aptiv PLC	+6,200	8,700	$534,006
PNR	PENTAIR plc	+3,900	7,400	$567,284
AIG	American International Group, Inc.	+3,000	16,400	$1,222,292
GEHC	GE HealthCare Technologies Inc.	+2,900	3,400	$217,634
DGX	Quest Diagnostics Inc	+2,800	3,000	$635,850
FOX	Fox Corp	+2,400	28,500	$1,334,940
CAH	Cardinal Health Inc	+2,400	2,500	$593,900
FOXA	Fox Corp	+2,100	25,400	$1,324,864
HCA	HCA Healthcare, Inc.	+2,040	2,640	$1,029,309
TXT	Textron Inc	+1,900	18,200	$1,669,486
GIB	Cgi Inc	+1,400	20,600	$1,330,142
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HPE	Hewlett Packard Enterprise Co	−39,900	42,800	$1,930,708
RF	Regions Financial Corp	−34,100	21,300	$643,260
FNF	Fidelity National Financial, Inc.	−25,500	1,700	$80,172
EXC	Exelon Corp	−19,100	17,000	$792,540
SMCI	Super Micro Computer, Inc.	−18,200	37,900	$1,111,607
PCG	PG&E Corp	−18,100	84,700	$1,424,654
NI	Nisource Inc.	−16,800	17,400	$827,370
TWLO	Twilio Inc	−15,600	200	$41,266
PYPL	PayPal Holdings, Inc.	−15,600	23,500	$1,014,730
NWS	News Corp	−15,600	37,600	$1,055,056
FLEX	Flex Ltd.	−14,600	12,300	$1,993,461
GEN	Gen Digital Inc.	−12,400	61,400	$1,528,246
PTC	Ptc Inc.	−8,900	1,500	$170,415
HPQ	Hp Inc	−6,700	59,900	$1,314,206
RJF	Raymond James Financial Inc	−6,600	2,700	$410,481
DAL	Delta Air Lines, Inc.	−6,100	16,400	$1,536,024
DOCU	Docusign, Inc.	−5,700	29,500	$1,310,390
BR	Broadridge Financial Solutions, Inc.	−5,500	500	$68,475
FTV	Fortive Corp	−3,100	2,100	$128,289
GPN	Global Payments Inc	−2,900	21,600	$1,567,296
ROL	Rollins Inc	−2,400	2,200	$91,828
EIX	Edison International	−2,400	24,100	$1,794,245
GDDY	GoDaddy Inc.	−1,800	15,500	$1,315,640
CINF	Cincinnati Financial Corp	−1,300	8,100	$1,499,634
UAL	United Airlines Holdings, Inc.	−1,200	12,900	$1,754,271
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
BALL	BALL Corp	35,000	$2,184,000
COO	Cooper Companies, Inc.	25,400	$1,821,434
IP	International Paper Co	45,700	$1,741,170
WY	Weyerhaeuser Co	72,500	$1,735,650
MCHP	Microchip Technology Inc	17,900	$1,632,480
KVUE	Kenvue Inc.	85,400	$1,631,994
EXE	EXPAND ENERGY Corp	17,800	$1,623,182
TSN	Tyson Foods, Inc.	28,200	$1,614,450
DD	DuPont de Nemours, Inc.	11,700	$1,586,988
EQT	EQT Corp	28,600	$1,520,662
MGA	Magna International Inc	22,200	$1,457,652
Z	Zillow Group, Inc.	43,600	$1,374,272
FE	Firstenergy Corp	28,700	$1,364,398
HAL	Halliburton Co	39,900	$1,354,605
ZG	Zillow Group, Inc.	41,300	$1,295,581
LYB	LyondellBasell Industries N.V.	24,100	$1,268,865
DOW	Dow Inc.	44,100	$1,206,576
F	Ford Motor Co	74,900	$1,041,110
MKC	Mccormick & Co Inc	20,400	$1,028,568
ALL	Allstate Corp	3,900	$927,966
ACGL	Arch Capital Group Ltd.	8,600	$834,716
DG	Dollar General Corp	6,900	$794,259
CSGP	Costar Group, Inc.	23,500	$665,520
KR	Kroger Co	11,600	$644,148
DVN	Devon Energy Corp	14,100	$582,612
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
DELL	Dell Technologies Inc.	14,500	$2,379,885
ZM	Zoom Communications, Inc.	22,800	$1,832,892
NTAP	NetApp, Inc.	17,500	$1,791,825
ATO	Atmos Energy Corp	9,300	$1,717,896
TRMB	Trimble Inc.	26,300	$1,715,549
MRVL	Marvell Technology, Inc.	17,300	$1,713,565
OKTA	Okta, Inc.	20,500	$1,613,555
FWONA	Liberty Media Corp	19,600	$1,530,368
BEN	Franklin Templeton Inc	63,400	$1,497,508
CDW	CDW Corp	11,900	$1,440,138
CLS	Celestica Inc	5,100	$1,436,568
OTEX	Open Text Corp	63,600	$1,414,464
HBAN	Huntington Bancshares Inc	87,200	$1,364,680
PRU	Prudential Financial Inc	13,900	$1,357,891
NRG	Nrg Energy, Inc.	8,500	$1,242,190
CEG	Constellation Energy Corp	4,360	$1,217,530
DSGX	Descartes Systems Group Inc	17,000	$1,216,520
AWK	American Water Works Company, Inc.	8,400	$1,143,156
TEL	TE Connectivity plc	5,300	$1,107,806
FSLR	First Solar, Inc.	5,500	$1,084,930
HOOD	Robinhood Markets, Inc.	14,500	$1,004,850
PFG	Principal Financial Group Inc	10,200	$919,122
BNY	Bank of New York Mellon Corp	7,500	$889,725
VRSN	Verisign Inc	3,280	$814,620
WAB	Westinghouse Air Brake Technologies Corp	2,300	$574,793
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

110 tracked positions · $104,108,005 total · filing declares 110 positions · $105,445,852 · as of Jun 30, 2026

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

Showing 1–50 of 110 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
BALL	BALL Corp Consumer Cyclical	NEW	35,000	NEW	$2,184,000	NEW	1	$58.79	2.10%
INCY	Incyte Corp Healthcare	Added	17,600	+6,800	$1,995,136	+96.3%	4	$98.96	1.92%
FLEX	Flex Ltd. Technology	Reduced	12,300	-14,600	$1,993,461	+13.2%	5	$38.97	1.91%
HPE	Hewlett Packard Enterprise Co Technology	Reduced	42,800	-39,900	$1,930,708	−1.9%	5	$18.58	1.85%
CFG	Citizens Financial Group Inc Financial Services	Added	27,200	+26,100	$1,905,904	+2789.2%	5	$63.47	1.83%
CNC	Centene Corp Healthcare	Added	29,000	+20,100	$1,861,510	+538.8%	4	$47.16	1.79%
KEY	Keycorp Financial Services	Added	79,400	+76,200	$1,830,170	+2752.5%	5	$21.60	1.76%
COO	Cooper Companies, Inc. Healthcare	NEW	25,400	NEW	$1,821,434	NEW	1	$65.37	1.75%
L	Loews Corp Financial Services	Added	16,000	+900	$1,811,360	+12.4%	5	$89.84	1.74%
LUV	Southwest Airlines Co Industrials	Added	35,100	+34,000	$1,804,842	+4267.2%	5	$41.62	1.73%
EIX	Edison International Utilities	Reduced	24,100	-2,400	$1,794,245	−7.5%	4	$55.39	1.72%
EQH	Equitable Holdings, Inc. Financial Services	Added	40,800	+6,200	$1,790,304	+39.4%	5	$48.91	1.72%
UAL	United Airlines Holdings, Inc. Industrials	Reduced	12,900	-1,200	$1,754,271	+35.1%	6	$91.15	1.69%
SYF	Synchrony Financial Financial Services	Added	23,000	+300	$1,749,150	+13.3%	6	$68.06	1.68%
IP	International Paper Co Consumer Cyclical	NEW	45,700	NEW	$1,741,170	NEW	1	$34.25	1.67%
WY	Weyerhaeuser Co Real Estate	NEW	72,500	NEW	$1,735,650	NEW	1	$24.29	1.67%
TXT	Textron Inc Industrials	Added	18,200	+1,900	$1,669,486	+17.0%	5	$79.53	1.60%
PINS	Pinterest, Inc. Communication Services	Added	78,300	+10,500	$1,646,649	+32.4%	4	$27.22	1.58%
MCHP	Microchip Technology Inc Technology	NEW	17,900	NEW	$1,632,480	NEW	1	$89.18	1.57%
KVUE	Kenvue Inc. Consumer Defensive	NEW	85,400	NEW	$1,631,994	NEW	1	$17.62	1.57%
EXE	EXPAND ENERGY Corp Energy	NEW	17,800	NEW	$1,623,182	NEW	1	$94.98	1.56%
TSN	Tyson Foods, Inc. Consumer Defensive	NEW	28,200	NEW	$1,614,450	NEW	1	$62.59	1.55%
DD	DuPont de Nemours, Inc. Basic Materials	NEW	11,700	NEW	$1,586,988	NEW	1	unpriced	1.52%
GPN	Global Payments Inc Industrials	Reduced	21,600	-2,900	$1,567,296	−4.9%	4	$79.46	1.51%
OMC	Omnicom Group Inc. Communication Services	Reduced	21,500	-1,000	$1,565,845	−7.6%	5	$74.81	1.50%
HIG	Hartford Insurance Group, Inc. Financial Services	Added	11,600	+700	$1,537,232	+4.3%	5	$125.27	1.48%
DAL	Delta Air Lines, Inc. Industrials	Reduced	16,400	-6,100	$1,536,024	+2.7%	4	$57.77	1.48%
GEN	Gen Digital Inc. Technology	Reduced	61,400	-12,400	$1,528,246	+10.0%	5	$26.45	1.47%
EQT	EQT Corp Energy	NEW	28,600	NEW	$1,520,662	NEW	1	$56.11	1.46%
CINF	Cincinnati Financial Corp Financial Services	Reduced	8,100	-1,300	$1,499,634	+1.4%	5	$144.72	1.44%
MGA	Magna International Inc Consumer Cyclical	NEW	22,200	NEW	$1,457,652	NEW	1	$62.49	1.40%
PCG	PG&E Corp Utilities	Reduced	84,700	-18,100	$1,424,654	−21.1%	4	$15.20	1.37%
LVS	Las Vegas Sands Corp Consumer Cyclical	Added	30,500	+1,000	$1,408,795	−11.4%	2	$56.74	1.35%
Z	Zillow Group, Inc. Communication Services	NEW	43,600	NEW	$1,374,272	NEW	1	$38.43	1.32%
SSNC	SS&C Technologies Holdings Inc Technology	Reduced	22,000	-900	$1,365,100	−11.8%	5	$76.94	1.31%
FE	Firstenergy Corp Utilities	NEW	28,700	NEW	$1,364,398	NEW	1	$47.48	1.31%
HAL	Halliburton Co Energy	NEW	39,900	NEW	$1,354,605	NEW	1	$39.07	1.30%
FOX	Fox Corp Communication Services	Added	28,500	+2,400	$1,334,940	−3.7%	5	$49.85	1.28%
GIB	Cgi Inc Technology	Added	20,600	+1,400	$1,330,142	−5.2%	2	$79.07	1.28%
FOXA	Fox Corp Communication Services	Added	25,400	+2,100	$1,324,864	−2.6%	6	$53.96	1.27%
LDOS	Leidos Holdings, Inc. Technology	Added	12,800	+10,100	$1,318,016	+213.9%	7	before history	1.27%
GDDY	GoDaddy Inc. Technology	Reduced	15,500	-1,800	$1,315,640	−8.0%	7	before history	1.26%
HPQ	Hp Inc Technology	Reduced	59,900	-6,700	$1,314,206	+2.7%	5	$25.31	1.26%
DOCU	Docusign, Inc. Technology	Reduced	29,500	-5,700	$1,310,390	−21.5%	6	$71.50	1.26%
ZG	Zillow Group, Inc. Communication Services	NEW	41,300	NEW	$1,295,581	NEW	1	$38.63	1.24%
NWSA	News Corp Communication Services	Added	52,000	+18,400	$1,291,160	+54.1%	5	$26.74	1.24%
RPRX	Royalty Pharma plc Healthcare	Added	22,800	+16,000	$1,278,396	+291.9%	6	$46.39	1.23%
LYB	LyondellBasell Industries N.V. Basic Materials	NEW	24,100	NEW	$1,268,865	NEW	1	$69.01	1.22%
AIG	American International Group, Inc. Financial Services	Added	16,400	+3,000	$1,222,292	+21.2%	4	$79.26	1.17%
CMCSA	Comcast Corp Communication Services	Added	49,400	+41,900	$1,212,770	+463.2%	4	unpriced	1.16%

Showing the top 50 of 110 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.