Railway Pension Investments Ltd

LONDON, X0 · CIK 1658020 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Kindasset owner
Others nearbyLondon

$8.0bn reported value +13.2% vs Q1 2026

102positions

38.0%in top 10

12 new 38 added 28 reduced 13 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	2,356,300	$471.5m5.93%	5.93%	Added +948.6k	+948,600 67.4%
2	APPLE INC COM AAPL	AAPL	1,320,786	$382.2m4.80%	4.80%	Added +638.9k	+638,934 93.7%
3	ALPHABET INC CAP STK CL A GOOGL	GOOGL	929,030	$332.0m4.17%	4.17%	Added +8.8k	+8,840 1.0%
4	LAM RESEARCH CORP COM NEW LRCX	LRCX	754,700	$327.0m4.11%	4.11%	Reduced -227.5k	-227,500 -23.2%
5	BROADCOM INC COM AVGO	AVGO	852,192	$321.9m4.05%	4.05%	Added +97.5k	+97,500 12.9%
6	KLA CORP COM NEW KLAC	KLAC	926,652	$279.6m3.51%	3.51%	Added +52.8k	+52,782 6.0%
7	AMAZON COM INC COM AMZN	AMZN	996,040	$237.4m2.98%	2.98%	Reduced -125.8k	-125,760 -11.2%
8	MICROSOFT CORP COM MSFT	MSFT	617,170	$230.2m2.89%	2.89%	Reduced -396.1k	-396,100 -39.1%
9	TEXAS INSTRS INC COM TXN	TXN	760,371	$226.6m2.85%	2.85%	Reduced -221.1k	-221,140 -22.5%
10	VISA INC COM CL A V	V	628,679	$215.7m2.71%	2.71%	Added +68.0k	+68,000 12.1%
11	ARISTA NETWORKS INC COM SHS ANET	ANET	1,184,850	$201.3m2.53%	2.53%	New
12	ABBVIE INC COM ABBV	ABBV	792,949	$199.5m2.51%	2.51%	Reduced -7.9k	-7,900 -1.0%
13	BANK AMERICA CORP COM BAC	BAC	3,485,400	$198.6m2.50%	2.50%	New
14	META PLATFORMS INC CL A META	META	342,200	$192.8m2.42%	2.42%	Reduced -57.2k	-57,240 -14.3%
15	NEXTERA ENERGY INC COM NEE	NEE	2,056,432	$180.5m2.27%	2.27%	Reduced -272.3k	-272,300 -11.7%
16	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	358,970	$180.0m2.26%	2.26%	Reduced -50.0k	-49,960 -12.2%
17	EQUINIX INC COM EQIX	EQIX	163,989	$170.9m2.15%	2.15%	Reduced -42.5k	-42,480 -20.6%
18	JOHNSON & JOHNSON COM JNJ	JNJ	650,036	$165.1m2.08%	2.08%	Unchanged
19	GILEAD SCIENCES INC COM GILD	GILD	1,295,596	$163.7m2.06%	2.06%	Reduced -7.8k	-7,769 -0.6%
20	CONSTELLATION ENERGY CORP COM CEG	CEG	620,960	$154.2m1.94%	1.94%	Reduced -11.8k	-11,800 -1.9%
21	AMPHENOL CORP CL A APH	APH	857,100	$151.1m1.90%	1.90%	Added +9.9k	+9,900 1.2%
22	QUALCOMM INC COM QCOM	QCOM	807,400	$149.2m1.88%	1.88%	Reduced -135.2k	-135,200 -14.3%
23	MASTERCARD INCORPORATED CL A MA	MA	289,640	$148.8m1.87%	1.87%	Reduced -2.8k	-2,820 -1.0%
24	CHENIERE ENERGY INC COM NEW LNG	LNG	586,260	$140.1m1.76%	1.76%	Reduced -268.8k	-268,840 -31.4%
25	CISCO SYS INC COM CSCO	CSCO	1,175,076	$138.0m1.74%	1.74%	Added +37.0k	+37,000 3.2%
26	STRYKER CORPORATION COM SYK	SYK	407,720	$128.4m1.61%	1.61%	Reduced -82.0k	-82,040 -16.8%
27	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	1,360,650	$110.4m1.39%	1.39%	Reduced -361.7k	-361,700 -21.0%
28	ALTRIA GROUP INC COM MO	MO	1,264,600	$91.0m1.14%	1.14%	Reduced -27.8k	-27,800 -2.1%
29	NETAPP INC COM NTAP	NTAP	531,250	$82.2m1.03%	1.03%	Added +16.1k	+16,100 3.1%
30	MCKESSON CORP COM MCK	MCK	107,642	$81.3m1.02%	1.02%	Reduced -2.0k	-2,040 -1.9%
31	FASTENAL CO COM FAST	FAST	1,656,050	$79.5m1.00%	1.00%	Reduced -30.7k	-30,700 -1.8%
32	GRAINGER W W INC COM GWW	GWW	54,048	$73.5m0.92%	0.92%	Reduced -1.2k	-1,160 -2.1%
33	PARKER-HANNIFIN CORP COM PH	PH	73,400	$71.8m0.90%	0.90%	Unchanged
34	EXPEDIA GROUP INC COM NEW EXPE	EXPE	268,659	$68.7m0.86%	0.86%	Added +3.0k	+2,959 1.1%
35	INSMED INC COM PAR $.01 INSM	INSM	604,700	$64.5m0.81%	0.81%	New
36	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	1,040,700	$60.0m0.75%	0.75%	Unchanged
37	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	146,200	$54.9m0.69%	0.69%	Added +5.5k	+5,480 3.9%
38	TAPESTRY INC COM TPR	TPR	356,576	$52.2m0.66%	0.66%	Added +100.2k	+100,176 39.1%
39	TRANE TECHNOLOGIES PLC SHS TT	TT	104,000	$51.1m0.64%	0.64%	Added +59.0k	+59,000 131.1%
40	ANALOG DEVICES INC COM ADI	ADI	125,940	$50.0m0.63%	0.63%	Added +63.7k	+63,740 102.5%
41	FORTINET INC COM FTNT	FTNT	309,800	$47.6m0.60%	0.60%	New
42	ADOBE INC COM ADBE	ADBE	217,760	$44.6m0.56%	0.56%	Added +129.4k	+129,360 146.3%
43	TJX COS INC NEW COM TJX	TJX	270,200	$40.9m0.51%	0.51%	Added +3.1k	+3,100 1.2%
44	HP INC COM HPQ	HPQ	1,785,815	$39.2m0.49%	0.49%	Added +353.7k	+353,700 24.7%
45	AUTODESK INC COM ADSK	ADSK	200,292	$38.9m0.49%	0.49%	Added +62.1k	+62,100 44.9%
46	F5 INC COM FFIV	FFIV	91,010	$37.9m0.48%	0.48%	Added +64.7k	+64,680 245.7%
47	FORTIVE CORP COM FTV	FTV	604,400	$36.9m0.46%	0.46%	Added +215.7k	+215,700 55.5%
48	WILLIAMS SONOMA INC COM WSM	WSM	155,700	$36.3m0.46%	0.46%	Unchanged
49	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	103,120	$36.1m0.45%	0.45%	New
50	HCA HEALTHCARE INC COM HCA	HCA	92,447	$36.0m0.45%	0.45%	Unchanged
51	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	85,560	$35.5m0.45%	0.45%	Unchanged
52	SALESFORCE INC COM CRM	CRM	223,000	$34.9m0.44%	0.44%	Added +32.0k	+32,000 16.8%
53	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	121,580	$34.2m0.43%	0.43%	Unchanged
54	INTUIT COM INTU	INTU	128,000	$33.4m0.42%	0.42%	Added +76.8k	+76,760 149.8%
55	GEN DIGITAL INC COM GEN	GEN	1,320,600	$32.9m0.41%	0.41%	Added +655.5k	+655,500 98.6%
56	CARDINAL HEALTH INC COM CAH	CAH	131,000	$31.1m0.39%	0.39%	Added +44.9k	+44,900 52.1%
57	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	92,200	$30.5m0.38%	0.38%	Added +53.8k	+53,800 140.1%
58	AMGEN INC COM AMGN	AMGN	83,980	$30.4m0.38%	0.38%	Unchanged
59	CINTAS CORP COM CTAS	CTAS	177,796	$30.2m0.38%	0.38%	Unchanged
60	VERIZON COMMUNICATIONS INC COM VZ	VZ	671,900	$28.4m0.36%	0.36%	Reduced -33.1k	-33,100 -4.7%
61	OTIS WORLDWIDE CORP COM OTIS	OTIS	394,800	$28.3m0.36%	0.36%	Reduced -15.2k	-15,200 -3.7%
62	PTC INC COM PTC	PTC	234,626	$26.7m0.34%	0.34%	Added +219.2k	+219,200 1421.0%
63	ROLLINS INC COM ROL	ROL	635,417	$26.5m0.33%	0.33%	Unchanged
64	ROSS STORES INC COM ROST	ROST	114,000	$24.3m0.31%	0.31%	Added +31.1k	+31,100 37.5%
65	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	192,138	$23.9m0.30%	0.30%	Added +101.9k	+101,913 113.0%
66	IDEXX LABS INC COM IDXX	IDXX	45,360	$23.9m0.30%	0.30%	Reduced -211.1k	-211,120 -82.3%
67	EMCOR GROUP INC COM EME	EME	28,721	$23.8m0.30%	0.30%	Added +3.3k	+3,320 13.1%
68	ILLINOIS TOOL WKS INC COM ITW	ITW	87,203	$23.6m0.30%	0.30%	Added +11.0k	+11,040 14.5%
69	SNAP ON INC COM SNA	SNA	57,900	$23.3m0.29%	0.29%	Unchanged
70	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	505,480	$19.6m0.25%	0.25%	Added +70.9k	+70,900 16.3%
71	WORKDAY INC CL A WDAY	WDAY	134,100	$16.4m0.21%	0.21%	New
72	COLGATE PALMOLIVE CO COM CL	CL	178,909	$16.4m0.21%	0.21%	Unchanged
73	COMCAST CORP NEW CL A CMCSA	CMCSA	658,400	$16.2m0.20%	0.20%	Reduced -46.5k	-46,500 -6.6%
74	CF INDS HLDGS INC COM CF	CF	148,600	$16.1m0.20%	0.20%	Reduced -11.5k	-11,500 -7.2%
75	DECKERS OUTDOOR CORP COM DECK	DECK	159,472	$15.8m0.20%	0.20%	Added +137.0k	+136,972 608.8%
76	TARGA RES CORP COM TRGP	TRGP	56,500	$15.1m0.19%	0.19%	New
77	YUM BRANDS INC COM YUM	YUM	94,600	$15.1m0.19%	0.19%	Unchanged
78	QUEST DIAGNOSTICS INC COM DGX	DGX	66,000	$14.0m0.18%	0.18%	Added +31.5k	+31,500 91.3%
79	METTLER TOLEDO INTERNATIONAL COM MTD	MTD	10,850	$13.9m0.17%	0.17%	Added +8.3k	+8,310 327.2%
80	AMETEK INC COM AME	AME	56,672	$13.7m0.17%	0.17%	Added +20.8k	+20,800 58.0%
81	CBOE GLOBAL MKTS INC COM CBOE	CBOE	56,200	$13.6m0.17%	0.17%	Added +18.4k	+18,400 48.7%
82	TRIMBLE INC COM TRMB	TRMB	261,800	$13.4m0.17%	0.17%	Unchanged
83	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	278,600	$13.1m0.17%	0.17%	Added +182.6k	+182,600 190.2%
84	EXPEDITORS INTL WASH INC COM EXPD	EXPD	75,800	$12.4m0.16%	0.16%	Unchanged
85	NORDSON CORP COM NDSN	NDSN	34,300	$10.3m0.13%	0.13%	New
86	BANK NEW YORK MELLON CORP COM BNY	BNY	70,300	$10.2m0.13%	0.13%	Unchanged
87	VERISIGN INC COM VRSN	VRSN	40,200	$10.1m0.13%	0.13%	Unchanged
88	VERALTO CORP COM SHS VLTO	VLTO	111,000	$9.8m0.12%	0.12%	Unchanged
89	VERISK ANALYTICS INC COM VRSK	VRSK	54,280	$9.7m0.12%	0.12%	Reduced -7.1k	-7,120 -11.6%
90	RESMED INC COM RMD	RMD	48,605	$9.5m0.12%	0.12%	Added +39.0k	+39,000 406.0%
91	LOEWS CORP COM L	L	63,400	$7.2m0.09%	0.09%	Reduced -12.1k	-12,100 -16.0%
92	ALLSTATE CORP COM ALL	ALL	29,800	$7.1m0.09%	0.09%	New
93	RPM INTL INC COM RPM	RPM	63,100	$7.0m0.09%	0.09%	New
94	MONSTER BEVERAGE CORP NEW COM MNST	MNST	64,700	$6.2m0.08%	0.08%	Unchanged
95	TRAVELERS COMPANIES INC COM TRV	TRV	13,800	$4.6m0.06%	0.06%	Reduced -4.2k	-4,200 -23.3%
96	PHILIP MORRIS INTL INC COM PM	PM	23,040	$4.2m0.05%	0.05%	Unchanged
97	MARATHON PETE CORP COM MPC	MPC	15,200	$3.9m0.05%	0.05%	New
98	FOX CORP CL A COM FOXA	FOXA	65,100	$3.4m0.04%	0.04%	Unchanged
99	DOMINOS PIZZA INC COM DPZ	DPZ	9,700	$2.9m0.04%	0.04%	Unchanged
100	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	17,700	$2.4m0.03%	0.03%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
PALO ALTO NETWORKS INC PANW	PANW	982,856	$157.6m982.9k shares
OREILLY AUTOMOTIVE INC ORLY	ORLY	1,156,151	$106.7m1.2m shares
SERVICENOW INC NOW	NOW	892,280	$93.3m892.3k shares
BOOKING HOLDINGS INC BKNG	BKNG	286,800	$48.3m286.8k shares
WALMART INC WMT	WMT	340,239	$42.3m340.2k shares
MARRIOTT INTL INC NEW MAR	MAR	106,600	$34.9m106.6k shares
GODADDY INC GDDY	GDDY	263,700	$21.8m263.7k shares
UNIVERSAL HLTH SVCS INC UHS	UHS	95,900	$17.2m95.9k shares
GARTNER INC IT	IT	91,378	$14.5m91.4k shares
DOCUSIGN INC DOCU	DOCU	87,200	$4.1m87.2k shares
MEDTRONIC PLC MDT	MDT	45,200	$3.9m45.2k shares
SOLVENTUM CORP SOLV	SOLV	47,800	$3.1m47.8k shares
SERVICETITAN INC TTAN	TTAN	4,270	$271.0k4.3k shares