ROYAL LONDON ASSET MANAGEMENT LTD

CIK

863748

Location

UNITED KINGDOM, X0

Portfolio Value

Large $50,015,279,567

Diversification

Diversified

Filing Date

Global Rank

#145 / 8,623 ▲ 5 · as of Mar 2026

Top Industry

Semiconductors 12.6%

3Y Alpha vs SPY

0.0%

Period ended 4 months ago

Filed May 1, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+66.8%

SPY

+65.3%

Annualised alpha

+0.4%

Max drawdown

−18.1%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

6.3%

−0.7 pts

Top 5

25.9%

−2.0 pts

Top 10

39.0%

+1.4 pts

HHI

200

Diversified−2

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.1%	$14,562,584,643	122
Consumer Cyclical	15.6%	$7,804,157,021	72
Healthcare	13.0%	$6,495,695,840	66
Financial Services	11.2%	$5,621,177,129	103
Industrials	9.6%	$4,792,492,735	101
Communication Services	7.7%	$3,841,046,487	34
Consumer Defensive	4.3%	$2,170,586,934	40
Energy	3.8%	$1,913,145,600	34
Basic Materials	2.4%	$1,190,686,994	35
Utilities	1.7%	$853,078,710	35
Real Estate	1.5%	$756,414,824	35
Unclassified	0.0%	$14,212,650	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
RPRX	Royalty Pharma plc	+3,628,670	3,808,353	$182,686,693
EQT	EQT Corp	+1,460,205	1,722,422	$109,614,936
BKNG	Booking Holdings Inc.	+708,152	750,200	$3,158,582,064
APG	APi Group Corp	+458,047	3,071,924	$124,474,360
VZ	Verizon Communications Inc	+420,420	2,356,543	$118,298,458
MICC	Magnum Ice Cream Co N.V.	+368,959	1,224,028	$18,299,218
CB	Chubb Ltd	+326,291	534,858	$174,326,267
TAP-A	Molson Coors Beverage Co	+299,459	2,340,004	$100,760,572
NVDA	Nvidia Corp	+296,937	17,934,981	$3,127,860,686
AMZN	Amazon Com Inc	+296,830	8,836,266	$1,840,329,119
SOFI	SoFi Technologies, Inc.	+293,951	342,020	$5,431,277
AMD	Advanced Micro Devices Inc	+257,174	1,032,605	$210,062,835
NU	Nu Holdings Ltd.	+252,675	4,752,493	$68,293,324
HALO	Halozyme Therapeutics, Inc.	+239,282	1,610,553	$104,090,040
HUBB	Hubbell Inc	+221,528	302,591	$148,493,507
JBS	Jbs N.V.	+216,300	359,600	$6,458,416
WPM	Wheaton Precious Metals Corp.	+204,770	626,570	$82,086,935
CRWV	CoreWeave, Inc.	+190,743	197,025	$15,263,526
RKLB	Rocket Lab Corp	+188,694	208,199	$13,370,539
CTVA	Corteva, Inc.	+184,238	506,322	$42,384,214
STNE	StoneCo Ltd.	+183,300	248,600	$3,510,232
SW	Smurfit Westrock plc	+180,837	419,469	$16,715,839
KKR	KKR & Co. Inc.	+173,591	212,979	$19,700,557
AVGO	Broadcom Inc.	+161,540	4,063,473	$1,257,685,528
CCJ	Cameco Corp	+139,094	157,549	$17,111,396
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HDB	Hdfc Bank Ltd	−2,048,526	2,661,240	$66,211,651
KVUE	Kenvue Inc.	−1,444,853	896,357	$15,453,194
SLM	SLM Corp	−1,426,671	1,634,325	$34,990,898
ELS	Equity Lifestyle Properties Inc	−943,942	677,937	$42,316,827
CPRT	Copart Inc	−712,081	489,353	$16,246,519
CNQ	CANADIAN NATURAL RESOURCES Ltd	−656,997	214,387	$10,447,078
WRB	Berkley W R Corp	−505,791	2,284,583	$151,422,161
RIVN	Rivian Automotive, Inc. / DE	−444,942	32,431	$488,086
STLD	Steel Dynamics Inc	−426,731	1,099,375	$197,887,500
AEM	Agnico Eagle Mines Ltd	−423,163	266,008	$53,994,303
SFM	Sprouts Farmers Market, Inc.	−333,776	250,489	$19,320,216
PGR	Progressive Corp/Oh/	−331,914	779,721	$154,571,891
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−308,949	1,592,638	$538,232,012
MRK	Merck & Co., Inc.	−300,997	2,896,154	$348,378,364
MSFT	Microsoft Corp	−273,372	5,685,840	$2,104,727,392
TSN	Tyson Foods, Inc.	−257,911	520,556	$33,352,022
PYPL	PayPal Holdings, Inc.	−256,038	496,418	$22,452,986
CNH	CNH Industrial N.V.	−242,577	40,532	$445,852
AIT	Applied Industrial Technologies Inc	−208,807	144,286	$38,281,961
CRM	Salesforce, Inc.	−188,249	242,059	$45,185,153
HRL	Hormel Foods Corp /De/	−157,701	131,926	$2,988,123
UDR	UDR, Inc.	−154,897	6,679	$225,616
HCA	HCA Healthcare, Inc.	−151,456	577,119	$273,115,795
VRT	Vertiv Holdings Co	−149,958	761,668	$190,858,767
AGCO	Agco Corp /De	−149,222	1,194,008	$138,349,706
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	10,299,563	$2,031,279,814
NXT	Nextpower Inc.	1,558,511	$187,878,501
SUNB	Sunbelt Rentals Holdings, Inc.	2,528,983	$164,611,503
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	2,656,532	$81,050,791
BWA	Borgwarner Inc	1,265,960	$68,690,989
WSC	WillScot Holdings Corp	2,467,235	$42,831,199
LITE	Lumentum Holdings Inc.	55,750	$39,178,870
SNDK	Sandisk Corp	55,312	$35,141,926
QXO	QXO, Inc.	1,382,956	$26,857,005
ENPH	Enphase Energy, Inc.	408,201	$15,434,079
COHR	Coherent Corp.	53,707	$12,793,544
VSNT	Versant Media Group, Inc.	79,163	$2,930,614
AMCR	Amcor plc	38,458	$1,528,705
QGEN	Qiagen N.V.	32,444	$1,299,057
FTAI	FTAI Aviation Ltd.	3,041	$745,045
ASTS	AST SpaceMobile, Inc.	8,796	$728,924
IREN	IREN Ltd	12,437	$426,340
RVMD	Revolution Medicines, Inc.	3,142	$305,559
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
RRC	Range Resources Corp	663,926	$23,410,030
CNK	Cinemark Holdings, Inc.	691,274	$16,065,207
BEN	Franklin Resources Inc	219,653	$5,247,510
ALGN	Align Technology Inc	32,025	$5,000,703
BAX	Baxter International Inc	173,362	$3,312,947
LAMR	Lamar Advertising Co/New	25,622	$3,243,232
ARE	Alexandria Real Estate Equities, Inc.	62,388	$3,053,268
MGEE	Mge Energy Inc	35,414	$2,777,165
FFIN	First Financial Bankshares Inc	82,760	$2,472,041
SHEL	Shell plc	16,699	$1,227,042
AMH	American Homes 4 Rent	18,862	$605,470
NTNX	Nutanix, Inc.	9,501	$491,106
CPT	Camden Property Trust	4,241	$466,849
WTRG	Essential Utilities, Inc.	11,785	$452,072
BAH	Booz Allen Hamilton Holding Corp	5,341	$450,566
OC	Owens Corning	3,604	$403,323
BXP	BXP, Inc.	5,648	$381,127
ETSY	Etsy Inc	6,483	$359,417
WIX	Wix.com Ltd.	2,733	$283,931
RVTY	Revvity, Inc.	2,850	$275,737
DT	Dynatrace, Inc.	6,220	$269,574
DVA	Davita Inc.	2,190	$248,805
ACI	Albertsons Companies, Inc.	13,175	$226,214
SJM	J M SMUCKER Co	2,078	$203,249
UFPI	Ufp Industries Inc	1,724	$156,970
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

678 tracked positions · $50,015,279,567 total · filing declares 688 positions · $47,684,943,056 · as of Mar 31, 2026

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

Showing 1–50 of 678 positions by value · page 1 of 14

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	750,200	+708,152	$3,158,582,064	+1302.7%	6.32%
NVDA	Nvidia Corp Technology	Added	17,934,981	+296,937	$3,127,860,686	−4.9%	6.25%
AAPL	Apple Inc. Technology	Added	9,979,214	+45,007	$2,532,624,721	−6.2%	5.06%
MSFT	Microsoft Corp Technology	Reduced	5,685,840	-273,372	$2,104,727,392	−27.0%	4.21%
AZN	Astrazeneca PLC Healthcare	NEW	10,299,563	NEW	$2,031,279,814	NEW	4.06%
GOOGL	Alphabet Inc. Communication Services	Reduced	7,013,933	-12,912	$2,016,926,573	−8.3%	4.03%
AMZN	Amazon Com Inc Consumer Cyclical	Added	8,836,266	+296,830	$1,840,329,119	−6.6%	3.68%
AVGO	Broadcom Inc. Technology	Added	4,063,473	+161,540	$1,257,685,528	−6.9%	2.51%
META	Meta Platforms, Inc. Communication Services	Added	1,337,988	+7,872	$765,503,074	−12.8%	1.53%
V	Visa Inc. Financial Services	Reduced	2,239,159	-119,913	$676,763,416	−18.2%	1.35%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	2,219,889	-8,227	$653,002,548	−9.0%	1.31%
LLY	ELI LILLY & Co Healthcare	Reduced	656,585	-83,249	$603,907,185	−24.0%	1.21%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,563,166	+35,838	$581,106,960	−15.4%	1.16%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	1,592,638	-308,949	$538,232,012	−6.9%	1.08%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	954,605	+13,612	$457,446,716	−3.3%	0.91%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	220,654	-6,813	$381,515,179	−16.7%	0.76%
XOM	ExxonMobil Holdings Corp Energy	Reduced	2,238,022	-12,656	$379,702,812	+40.2%	0.76%
MRK	Merck & Co., Inc. Healthcare	Reduced	2,896,154	-300,997	$348,378,364	+3.5%	0.70%
MU	Micron Technology Inc Technology	Reduced	975,315	-144,487	$329,500,419	+3.1%	0.66%
JNJ	Johnson & Johnson Healthcare	Added	1,202,690	+61,420	$293,985,543	+24.5%	0.59%
ABBV	AbbVie Inc. Healthcare	Added	1,351,717	+36,849	$293,984,930	−2.1%	0.59%
CNM	Core & Main, Inc. Industrials	Added	5,752,701	+64,106	$284,183,429	−3.9%	0.57%
NFLX	Netflix Inc Communication Services	Added	2,893,153	+23,748	$278,176,660	+3.4%	0.56%
LIN	Linde PLC Basic Materials	Reduced	559,373	-48,438	$277,314,758	+7.0%	0.55%
HCA	HCA Healthcare, Inc. Healthcare	Reduced	577,119	-151,456	$273,115,795	−19.7%	0.55%
WMT	Walmart Inc. Consumer Defensive	Added	2,137,818	+29,120	$265,688,021	+13.1%	0.53%
HD	Home Depot, Inc. Consumer Cyclical	Added	805,946	+7,657	$265,067,579	−3.5%	0.53%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	508,538	-32,387	$249,961,683	−20.3%	0.50%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Reduced	992,449	-147,766	$248,022,929	+1.9%	0.50%
CSCO	Cisco Systems, Inc. Technology	Reduced	3,137,547	-45,021	$243,442,271	−0.7%	0.49%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	1,677,217	+92,981	$242,257,223	+6.7%	0.48%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	234,997	+6,637	$234,158,060	+18.9%	0.47%
PEP	Pepsico Inc Consumer Defensive	Added	1,393,887	+24,672	$216,456,712	+10.2%	0.43%
GS	Goldman Sachs Group Inc Financial Services	Added	254,681	+75	$215,457,579	−3.7%	0.43%
AMD	Advanced Micro Devices Inc Technology	Added	1,032,605	+257,174	$210,062,835	+26.5%	0.42%
MA	Mastercard Inc Financial Services	Added	419,863	+3,629	$209,788,746	−11.7%	0.42%
CVX	Chevron Corp Energy	Reduced	1,005,583	-5,784	$208,055,122	+35.0%	0.42%
UNH	Unitedhealth Group Inc Healthcare	Added	755,589	+5,344	$204,454,827	−17.4%	0.41%
INTC	Intel Corp Technology	Added	4,598,507	+12,298	$202,932,113	+19.9%	0.41%
PM	Philip Morris International Inc. Consumer Defensive	Added	1,214,925	+7,643	$200,875,699	+3.7%	0.40%
STLD	Steel Dynamics Inc Basic Materials	Reduced	1,099,375	-426,731	$197,887,500	−23.5%	0.40%
TTE	TotalEnergies SE Energy	Added	2,140,953	+7,521	$194,783,903	+39.6%	0.39%
ISRG	Intuitive Surgical Inc Healthcare	Added	420,836	+20,946	$194,001,187	−14.3%	0.39%
VRT	Vertiv Holdings Co Industrials	Reduced	761,668	-149,958	$190,858,767	+29.2%	0.38%
FIX	Comfort Systems USA Inc Industrials	Reduced	138,256	-56,544	$190,653,641	+4.9%	0.38%
NXT	Nextpower Inc. Technology	NEW	1,558,511	NEW	$187,878,501	NEW	0.38%
TXN	Texas Instruments Inc Technology	Reduced	966,987	-132,417	$187,730,856	−1.6%	0.38%
RPRX	Royalty Pharma plc Healthcare	Added	3,808,353	+3,628,670	$182,686,693	+2531.3%	0.37%
KMI	Kinder Morgan, Inc. Energy	Reduced	5,370,393	-44,783	$180,069,277	+21.0%	0.36%
CAT	Caterpillar Inc Industrials	Reduced	248,917	-3,192	$176,347,737	+22.1%	0.35%

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.