Railway Pension Investments Ltd 13F annual report

Railway Pension Investments Ltd is an investment fund managing more than $8.37 trillion ran by Ellen Watson-hicks. There are currently 219 companies in Mrs. Watson-hicks’s portfolio. The largest investments include Microsoft and Meta Platforms Inc, together worth $423 billion.

Limited to 30 biggest holdings

$8.37 trillion Assets Under Management (AUM)

As of 19th July 2024, Railway Pension Investments Ltd’s top holding is 538,700 shares of Microsoft currently worth over $241 billion and making up 2.9% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Railway Pension Investments Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 360,820 shares of Meta Platforms Inc worth $182 billion, whose value grew 21.0% in the past six months. The third-largest holding is ServiceNow Inc worth $173 billion and the next is Alphabet Inc worth $158 billion, with 868,420 shares owned.

Currently, Railway Pension Investments Ltd's portfolio is worth at least $8.37 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Railway Pension Investments Ltd

The Railway Pension Investments Ltd office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Ellen Watson-hicks serves as the Chief Risk & Compliance Officer at Railway Pension Investments Ltd.

Recent trades

In the most recent 13F filing, Railway Pension Investments Ltd revealed that it had opened a new position in Centerpoint and bought 2,058,045 shares worth $63.8 billion. This means they effectively own approximately 0.1% of the company. Centerpoint makes up 32.3% of the fund's Utilities sector allocation and has decreased its share price by 7.2% in the past year.

The investment fund also strengthened its position in Johnson Johnson by buying 140,800 additional shares. This makes their stake in Johnson Johnson total 967,136 shares worth $141 billion.

On the other hand, there are companies that Railway Pension Investments Ltd is getting rid of from its portfolio. Railway Pension Investments Ltd closed its position in Taiwan Semiconductor Mfg Ltd on 26th July 2024. It sold the previously owned 1,503,783 shares for $205 billion. Ellen Watson-hicks also disclosed a decreased stake in Microsoft by 0.1%. This leaves the value of the investment at $241 billion and 538,700 shares.

One of the largest hedge funds

The two most similar investment funds to Railway Pension Investments Ltd are Qrg Capital Management, Inc and Degroof Petercam Asset Management. They manage $8.42 trillion and $8.32 trillion respectively.


Ellen Watson-hicks investment strategy

Railway Pension Investments Ltd’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 20.7% of the total portfolio value. The fund focuses on investments in the United States as 67.1% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 63% of the total holdings value. On the other hand, small-cap stocks make up only 0.5% of the portfolio. The average market cap of the portfolio companies is close to $93.6 billion.

The complete list of Railway Pension Investments Ltd trades based on 13F SEC filings

These positions were updated on July 26th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Microsoft Corporation
12.46%
538,700
$240,771,965,000 2.88%
Taiwan Semiconductor Mfg Ltd
Closed
1,503,783
$204,589,677,000
Meta Platforms Inc
15.92%
360,820
$181,932,660,000 2.17%
ServiceNow Inc
17.59%
219,800
$172,910,066,000 2.07%
Alphabet Inc
9.03%
868,420
$158,182,703,000 1.89%
Amazon.com Inc.
18.60%
806,400
$155,836,800,000 1.86%
Merck Co Inc
16.70%
1,248,910
$154,615,058,000 1.85%
Sp Global Inc
15.65%
319,700
$142,586,200,000 1.70%
Johnson Johnson
17.04%
967,136
$141,356,598,000 1.69%
Walmart Inc
10.36%
1,992,897
$134,939,056,000 1.61%
NextEra Energy Inc
17.15%
1,875,332
$132,792,259,000 1.59%
Accenture Plc Ireland
32.27%
430,782
$130,703,566,000 1.56%
Edwards Lifesciences Corp
16.66%
1,413,180
$130,535,437,000 1.56%
Visa Inc
14.61%
481,639
$126,415,788,000 1.51%
Procter And Gamble Co
20.88%
756,563
$124,772,370,000 1.49%
Palo Alto Networks Inc
26.67%
366,553
$124,265,133,000 1.48%
Broadcom Inc
43.48%
76,839
$123,367,320,000 1.47%
Equinix Inc
13.34%
161,769
$122,394,425,000 1.46%
Texas Instrs Inc
21.85%
588,086
$114,400,370,000 1.37%
Abbvie Inc
27.85%
649,968
$111,482,511,000 1.33%
Danaher Corp.
10.10%
442,599
$110,583,360,000 1.32%
Elevance Health Inc
19.12%
202,627
$109,795,466,000 1.31%
Oreilly Automotive Inc
12.23%
101,221
$106,895,449,000 1.28%
Thermo Fisher Scientific Inc.
12.03%
192,970
$106,712,410,000 1.27%
Idexx Labs Inc
No change
214,330
$104,421,576,000 1.25%
Gilead Sciences, Inc.
5.10%
1,484,165
$101,828,561,000 1.22%
Cisco Sys Inc
0.86%
2,139,376
$101,641,754,000 1.21%
Costco Whsl Corp New
No change
111,442
$94,724,586,000 1.13%
Pepsico Inc
16.07%
572,484
$94,419,786,000 1.13%
Mckesson Corporation
5.20%
160,322
$93,634,461,000 1.12%
Colgate-Palmolive Co.
4.03%
958,996
$93,060,972,000 1.11%
Eli Lilly Co
42.38%
100,352
$90,856,694,000 1.09%
Autozone Inc.
11.91%
30,327
$89,892,261,000 1.07%
Align Technology, Inc.
No change
367,861
$88,812,681,000 1.06%
Altria Group Inc.
6.23%
1,926,500
$87,752,075,000 1.05%
Synopsys, Inc.
Closed
153,525
$87,739,537,000
Apple Inc
24.03%
413,752
$87,144,446,000 1.04%
Constellation Energy Corp
No change
417,300
$83,572,671,000 1.00%
Grainger W W Inc
11.93%
87,116
$78,599,540,000 0.94%
Fastenal Co.
0.88%
1,222,655
$76,831,640,000 0.92%
Cadence Design System Inc
13.42%
238,100
$73,275,275,000 0.88%
Kroger Co.
12.54%
1,448,110
$72,304,132,000 0.86%
KLA Corp.
9.17%
84,241
$69,457,547,000 0.83%
Datadog Inc
5.39%
533,261
$69,158,619,000 0.83%
Booz Allen Hamilton Hldg Cor
5.61%
437,800
$67,377,420,000 0.80%
Cheniere Energy Inc.
2.22%
381,800
$66,750,094,000 0.80%
Freeport-McMoRan Inc
No change
1,346,500
$65,439,900,000 0.78%
Lockheed Martin Corp.
Closed
142,253
$64,706,622,000
Teck Resources Ltd
No change
1,335,600
$63,975,240,000 0.76%
Centerpoint Energy Inc.
Opened
2,058,045
$63,758,234,000 0.76%
Crowdstrike Holdings Inc
23.67%
158,020
$60,551,684,000 0.72%
Cameco Corp.
11.39%
1,222,300
$60,137,160,000 0.72%
Cencora Inc.
2.35%
256,529
$57,795,984,000 0.69%
Chevron Corp.
Opened
367,100
$57,421,782,000 0.69%
EQT Corp
16.61%
1,511,500
$55,895,270,000 0.67%
Applied Matls Inc
1.02%
233,968
$55,214,108,000 0.66%
Otis Worldwide Corporation
2.55%
563,900
$54,281,014,000 0.65%
Home Depot, Inc.
20.63%
156,958
$54,031,222,000 0.65%
Unitedhealth Group Inc
60.70%
104,356
$53,144,337,000 0.63%
Eog Res Inc
No change
405,300
$51,015,111,000 0.61%
Gartner, Inc.
9.12%
110,578
$49,656,157,000 0.59%
HP Inc
9.89%
1,410,915
$49,410,243,000 0.59%
General Mls Inc
5.13%
773,190
$48,912,000,000 0.58%
Booking Holdings Inc
11.51%
12,300
$48,726,450,000 0.58%
CMS Energy Corporation
Opened
790,900
$47,082,277,000 0.56%
Linde Plc.
10.92%
106,900
$46,908,789,000 0.56%
Fair Isaac Corp.
22.37%
30,200
$44,957,532,000 0.54%
Robinhood Mkts Inc
19.05%
1,937,274
$43,995,493,000 0.53%
AMGEN Inc.
59.00%
140,300
$43,836,735,000 0.52%
HCA Healthcare Inc
8.63%
135,567
$43,554,966,000 0.52%
Philip Morris International Inc
46.13%
423,440
$42,907,175,000 0.51%
Motorola Solutions Inc
2.07%
108,400
$41,847,820,000 0.50%
Cintas Corporation
No change
58,974
$41,297,133,000 0.49%
Rollins, Inc.
No change
838,017
$40,886,850,000 0.49%
Netapp Inc
10.27%
316,263
$40,734,674,000 0.49%
Church Dwight Co Inc
0.69%
382,099
$39,616,024,000 0.47%
Waste Mgmt Inc Del
No change
183,276
$39,100,102,000 0.47%
Nucor Corp.
12.08%
244,652
$38,674,588,000 0.46%
Caterpillar Inc.
4.41%
115,900
$38,606,290,000 0.46%
Republic Svcs Inc
No change
197,521
$38,386,231,000 0.46%
DoorDash Inc
7.40%
344,212
$37,443,381,000 0.45%
Cognizant Technology Solutio
13.99%
548,480
$37,296,640,000 0.45%
Mcdonalds Corp
Closed
131,600
$37,104,620,000
NVR Inc.
28.28%
4,794
$36,379,556,000 0.43%
Snap-on, Inc.
31.47%
135,024
$35,293,923,000 0.42%
Kimberly-Clark Corp.
2.07%
250,540
$34,624,628,000 0.41%
Fortinet Inc
5.59%
572,605
$34,510,903,000 0.41%
Vertex Pharmaceuticals, Inc.
26.68%
73,100
$34,263,432,000 0.41%
Nasdaq Inc
49.37%
567,900
$34,221,654,000 0.41%
CVS Health Corp
5.27%
573,446
$33,867,721,000 0.40%
Lululemon Athletica inc.
39.45%
105,700
$31,572,590,000 0.38%
Check Point Software Tech Lt
No change
186,929
$30,843,285,000 0.37%
Veralto Corp
No change
321,099
$30,655,322,000 0.37%
Humana Inc.
Closed
88,108
$30,548,806,000
Tjx Cos Inc New
23.87%
273,000
$30,057,300,000 0.36%
Comcast Corp New
2.93%
767,400
$30,051,384,000 0.36%
LKQ Corp
Closed
557,200
$29,760,052,000
Nutanix Inc
No change
511,641
$29,086,791,000 0.35%
BILL Holdings Inc
51.06%
549,946
$28,938,159,000 0.35%
Steel Dynamics Inc.
14.42%
223,136
$28,896,112,000 0.35%
Ulta Beauty Inc
Closed
52,800
$27,608,064,000
Verizon Communications Inc
No change
668,900
$27,585,436,000 0.33%
Biogen Inc
Closed
127,722
$27,540,695,000
Cognex Corp.
Opened
581,600
$27,195,616,000 0.32%
Regeneron Pharmaceuticals, Inc.
14.59%
24,000
$25,224,720,000 0.30%
Eaton Corp Plc
10.89%
80,200
$25,146,710,000 0.30%
3M Co.
Closed
236,645
$25,100,935,000
Jpmorgan Chase Co.
1.74%
122,600
$24,797,076,000 0.30%
Owens Corning
33.41%
142,500
$24,755,100,000 0.30%
Lowes Cos Inc
20.12%
110,783
$24,423,220,000 0.29%
PTC Inc
Opened
134,400
$24,416,448,000 0.29%
Lauder Estee Cos Inc
No change
218,300
$23,227,120,000 0.28%
Block Inc
No change
354,123
$22,837,392,000 0.27%
Sea Ltd
No change
303,800
$21,697,396,000 0.26%
Dominos Pizza Inc
6.12%
41,600
$21,479,328,000 0.26%
Okta Inc
27.72%
225,296
$21,089,959,000 0.25%
United Therapeutics Corp
582.47%
66,200
$21,088,010,000 0.25%
Hershey Company
49.72%
113,963
$20,949,818,000 0.25%
Mondelez International Inc.
47.55%
312,942
$20,478,924,000 0.24%
Henry Schein Inc.
Closed
267,185
$20,177,811,000
Centene Corp.
3.08%
298,700
$19,803,810,000 0.24%
Tenable Holdings Inc
No change
449,732
$19,599,321,000 0.23%
Illinois Tool Wks Inc
37.21%
81,863
$19,398,256,000 0.23%
APA Corporation
Closed
563,300
$19,366,254,000
Laboratory Corp Amer Hldgs
Closed
84,800
$18,525,408,000
Airbnb, Inc.
No change
122,077
$18,510,536,000 0.22%
Oracle Corp.
35.61%
130,000
$18,356,000,000 0.22%
Guardant Health Inc
63.79%
620,878
$17,930,957,000 0.21%
Marathon Pete Corp
54.26%
99,900
$17,330,652,000 0.21%
Jabil Inc
Opened
158,100
$17,199,699,000 0.21%
Paccar Inc.
2.28%
167,000
$17,190,980,000 0.21%
Abbott Labs
5.65%
165,300
$17,176,323,000 0.21%
Fox Corporation
47.35%
491,200
$16,882,544,000 0.20%
Robert Half Inc
69.17%
262,767
$16,811,833,000 0.20%
Boston Scientific Corp.
41.10%
216,500
$16,672,665,000 0.20%
Bio-Techne Corp
19.19%
226,700
$16,243,055,000 0.19%
Automatic Data Processing In
40.39%
67,000
$15,992,230,000 0.19%
Pulte Group Inc
64.06%
134,539
$14,812,744,000 0.18%
Arista Networks Inc
No change
42,100
$14,755,208,000 0.18%
Cf Inds Hldgs Inc
Closed
175,300
$14,586,713,000
Labcorp Holdings Inc.
Opened
71,300
$14,510,263,000 0.17%
Paychex Inc.
35.07%
121,837
$14,444,995,000 0.17%
Lam Research Corp.
No change
13,400
$14,268,990,000 0.17%
Solaredge Technologies Inc
Closed
197,890
$14,046,232,000
Bristol-Myers Squibb Co.
80.16%
324,700
$13,484,791,000 0.16%
Electronic Arts, Inc.
No change
96,101
$13,389,752,000 0.16%
Iron Mtn Inc Del
188.30%
147,900
$13,254,798,000 0.16%
nVent Electric plc
Opened
166,081
$12,723,465,000 0.15%
Solventum Corp
Opened
239,261
$12,652,122,000 0.15%
Hologic, Inc.
No change
165,700
$12,303,225,000 0.15%
Molina Healthcare Inc
79.04%
41,300
$12,278,490,000 0.15%
Dropbox Inc
Closed
499,400
$12,135,420,000
DaVita Inc
33.47%
87,256
$12,091,064,000 0.14%
Cardinal Health, Inc.
41.26%
122,000
$11,995,040,000 0.14%
Ball Corp.
Opened
198,200
$11,895,964,000 0.14%
Chubb Limited
5.71%
46,300
$11,810,204,000 0.14%
Transdigm Group Incorporated
No change
9,200
$11,754,012,000 0.14%
Waste Connections Inc
No change
64,900
$11,380,864,000 0.14%
Twilio Inc
No change
199,727
$11,346,491,000 0.14%
Trane Technologies plc
Opened
33,500
$11,019,155,000 0.13%
Etsy Inc
No change
185,070
$10,915,429,000 0.13%
Parker-Hannifin Corp.
4.41%
21,300
$10,773,753,000 0.13%
Molson Coors Beverage Company
Opened
206,600
$10,501,478,000 0.13%
Clorox Co.
Closed
67,809
$10,382,236,000
Expeditors Intl Wash Inc
79.78%
83,000
$10,357,570,000 0.12%
Blue Owl Capital Inc
Opened
572,600
$10,163,650,000 0.12%
Stryker Corp.
No change
29,600
$10,071,400,000 0.12%
Kellanova Co
No change
168,957
$9,745,440,000 0.12%
Ameriprise Finl Inc
75.78%
22,500
$9,611,775,000 0.11%
Roper Technologies Inc
54.72%
16,400
$9,244,024,000 0.11%
Amphenol Corp.
141.34%
133,700
$9,007,369,000 0.11%
Masco Corp.
39.68%
134,350
$8,957,115,000 0.11%
Lennar Corp.
82.21%
59,400
$8,902,278,000 0.11%
RPM International, Inc.
51.21%
81,500
$8,775,920,000 0.10%
International Business Machs
60.28%
50,600
$8,751,270,000 0.10%
Smucker J M Co
69.52%
80,100
$8,734,104,000 0.10%
Ametek Inc
No change
50,272
$8,380,845,000 0.10%
DocuSign Inc
Closed
137,946
$8,214,684,000
Aflac Inc.
3.80%
90,200
$8,055,762,000 0.10%
Packaging Corp Amer
No change
44,000
$8,032,640,000 0.10%
Vipshop Hldgs Ltd
20.77%
556,500
$7,245,630,000 0.09%
Quanta Svcs Inc
5.02%
27,200
$6,911,248,000 0.08%
Microchip Technology, Inc.
No change
75,200
$6,880,800,000 0.08%
Idex Corporation
No change
33,761
$6,792,713,000 0.08%
Deckers Outdoor Corp.
47.33%
6,900
$6,678,855,000 0.08%
Intuit Inc
Opened
10,100
$6,637,821,000 0.08%
Phillips 66
26.35%
46,400
$6,550,288,000 0.08%
Kraft Heinz Co
No change
190,200
$6,128,244,000 0.07%
Williams-Sonoma, Inc.
Opened
20,900
$5,901,533,000 0.07%
Nxp Semiconductors N V
No change
20,300
$5,462,527,000 0.07%
Qualcomm, Inc.
28.61%
26,700
$5,318,106,000 0.06%
Becton Dickinson Co
No change
22,600
$5,281,846,000 0.06%
Valero Energy Corp.
Closed
30,700
$5,240,183,000
Jazz Pharmaceuticals plc
Closed
42,600
$5,129,892,000
Quest Diagnostics, Inc.
79.15%
37,161
$5,086,598,000 0.06%
Henry Jack Assoc Inc
No change
30,507
$5,064,772,000 0.06%
Yum Brands Inc.
No change
37,400
$4,954,004,000 0.06%
Arch Cap Group Ltd
No change
45,400
$4,580,406,000 0.05%
Builders Firstsource Inc
74.00%
32,500
$4,498,325,000 0.05%
PDD Holdings Inc
34.02%
32,700
$4,347,465,000 0.05%
Reliance Inc.
79.61%
12,600
$3,598,560,000 0.04%
Progressive Corp.
Opened
17,000
$3,531,070,000 0.04%
Cbre Group Inc
Opened
38,200
$3,404,002,000 0.04%
Hartford Finl Svcs Group Inc
No change
32,900
$3,307,766,000 0.04%
Howmet Aerospace Inc.
No change
41,400
$3,213,882,000 0.04%
Hubbell Inc.
76.18%
8,600
$3,143,128,000 0.04%
Smith A O Corp
75.23%
38,200
$3,123,996,000 0.04%
Ingersoll Rand Inc.
No change
33,500
$3,043,140,000 0.04%
Monster Beverage Corp.
Closed
49,400
$2,928,432,000
Gen Digital Inc
Opened
115,200
$2,877,696,000 0.03%
D.R. Horton Inc.
64.68%
19,000
$2,677,670,000 0.03%
Dicks Sporting Goods, Inc.
Closed
11,300
$2,540,918,000
Verisk Analytics Inc
Opened
9,300
$2,506,815,000 0.03%
Chipotle Mexican Grill
9,900.00%
40,000
$2,506,000,000 0.03%
F5 Inc
Opened
14,500
$2,497,335,000 0.03%
Campbell Soup Co.
83.91%
53,300
$2,408,627,000 0.03%
Williams Cos Inc
No change
55,300
$2,350,250,000 0.03%
Globe Life Inc
Closed
19,200
$2,234,304,000
Ross Stores, Inc.
169.81%
14,300
$2,078,076,000 0.02%
Adobe Inc
29.41%
3,600
$1,999,944,000 0.02%
Verisign Inc.
Opened
11,000
$1,955,800,000 0.02%
Keurig Dr Pepper Inc
No change
57,700
$1,927,180,000 0.02%
Bank New York Mellon Corp
No change
32,100
$1,922,469,000 0.02%
Copart, Inc.
No change
34,400
$1,863,104,000 0.02%
HF Sinclair Corporation
16.03%
33,000
$1,760,220,000 0.02%
Nordson Corp.
Closed
6,400
$1,757,056,000
Ferguson Plc New
No change
8,800
$1,704,120,000 0.02%
Vistra Corp
Closed
23,000
$1,601,950,000
Coterra Energy Inc
Closed
54,800
$1,527,824,000
Arrow Electrs Inc
Closed
11,800
$1,527,628,000
Godaddy Inc
Opened
9,800
$1,369,158,000 0.02%
Manhattan Associates, Inc.
Opened
5,400
$1,332,072,000 0.02%
Hewlett Packard Enterprise C
Opened
62,100
$1,314,657,000 0.02%
Keysight Technologies Inc
No change
9,600
$1,312,800,000 0.02%
Mettler-Toledo International, Inc.
Opened
900
$1,257,831,000 0.02%
Ovintiv Inc
Closed
24,000
$1,245,600,000
Emcor Group, Inc.
Opened
3,400
$1,241,272,000 0.01%
Genuine Parts Co.
No change
8,900
$1,231,048,000 0.01%
Berkley W R Corp
No change
15,300
$1,202,274,000 0.01%
Carlisle Cos Inc
No change
2,900
$1,175,109,000 0.01%
Everest Group Ltd
Closed
2,700
$1,073,250,000
Targa Res Corp
Closed
9,400
$1,052,706,000
C.H. Robinson Worldwide, Inc.
Closed
13,100
$997,434,000
Firstenergy Corp.
No change
25,500
$975,885,000 0.01%
Fortive Corp
Opened
12,200
$904,020,000 0.01%
Hilton Worldwide Holdings Inc
Opened
4,100
$894,620,000 0.01%
Sei Invts Co
No change
13,200
$853,908,000 0.01%
Kenvue Inc
Opened
40,100
$729,018,000 0.01%
Conagra Brands Inc
No change
21,700
$616,714,000 0.01%
No transactions found
Showing first 500 out of 249 holdings