13F HOLDINGS REPORT
Railway Pension Investments Ltd
Quarter ended Q3 2025 · Filed October 22, 2025 · Accession 0001658020-25-000013
Total Value
$7.38B
Positions
117
Other Managers
0
Confidential Omitted
No
Holdings (117)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 935,800 | $484.7M | 6.57% |
| 2 | ALPHABET INC | GOOG | 1,091,820 | $265.4M | 3.60% |
| 3 | VISA INC | V | 587,439 | $200.5M | 2.72% |
| 4 | ABBVIE INC | ABBV | 853,949 | $197.7M | 2.68% |
| 5 | AMAZON COM INC | AMZN | 895,400 | $196.6M | 2.66% |
| 6 | JOHNSON & JOHNSON | JNJ | 1,051,236 | $194.9M | 2.64% |
| 7 | NVIDIA CORPORATION | NVDA | 1,025,800 | $191.4M | 2.59% |
| 8 | IDEXX LABS INC | 45168D104 | 296,530 | $189.5M | 2.57% |
| 9 | META PLATFORMS INC | META | 257,320 | $189.0M | 2.56% |
| 10 | PALO ALTO NETWORKS INC | PANW | 921,506 | $187.6M | 2.54% |
| 11 | MASTERCARD INCORPORATED | MA | 329,600 | $187.5M | 2.54% |
| 12 | BROADCOM INC | AVGO | 563,692 | $186.0M | 2.52% |
| 13 | APPLE INC | AAPL | 726,652 | $185.0M | 2.51% |
| 14 | CHENIERE ENERGY INC | LNG | 777,200 | $182.6M | 2.47% |
| 15 | NEXTERA ENERGY INC | NEE-PW | 2,356,632 | $177.9M | 2.41% |
| 16 | SERVICENOW INC | NOW | 184,400 | $169.7M | 2.30% |
| 17 | TEXAS INSTRS INC | 882508104 | 899,386 | $165.2M | 2.24% |
| 18 | EQUINIX INC | EQIX | 204,169 | $159.9M | 2.17% |
| 19 | S&P GLOBAL INC | SPGI | 327,200 | $159.3M | 2.16% |
| 20 | PUBLIC SVC ENTERPRISE GRP IN | 744573106 | 1,897,800 | $158.4M | 2.15% |
| 21 | GILEAD SCIENCES INC | GILD | 1,415,665 | $157.1M | 2.13% |
| 22 | THERMO FISHER SCIENTIFIC INC | TMO | 318,770 | $154.6M | 2.09% |
| 23 | DANAHER CORPORATION | 235851102 | 689,899 | $136.8M | 1.85% |
| 24 | OREILLY AUTOMOTIVE INC | 67103H107 | 1,208,551 | $130.3M | 1.77% |
| 25 | LPL FINL HLDGS INC | 50212V100 | 363,400 | $120.9M | 1.64% |
| 26 | ALTRIA GROUP INC | MO | 1,714,900 | $113.3M | 1.53% |
| 27 | CONSTELLATION ENERGY CORP | CEG | 341,400 | $112.3M | 1.52% |
| 28 | AUTOZONE INC | AZO | 23,702 | $101.7M | 1.38% |
| 29 | MERCK & CO INC | MRK | 1,173,015 | $98.5M | 1.33% |
| 30 | MCKESSON CORP | MCK | 126,122 | $97.4M | 1.32% |
| 31 | PROCTER AND GAMBLE CO | 742718109 | 613,499 | $94.3M | 1.28% |
| 32 | FASTENAL CO | FAST | 1,884,710 | $92.4M | 1.25% |
| 33 | CISCO SYS INC | CSCO | 1,288,676 | $88.2M | 1.19% |
| 34 | PHILIP MORRIS INTL INC | 718172109 | 514,040 | $83.4M | 1.13% |
| 35 | BOOKING HOLDINGS INC | BKNG | 13,722 | $74.1M | 1.00% |
| 36 | COLGATE PALMOLIVE CO | CL | 792,609 | $63.4M | 0.86% |
| 37 | GRAINGER W W INC | 384802104 | 63,088 | $60.1M | 0.81% |
| 38 | KROGER CO | KR | 800,310 | $53.9M | 0.73% |
| 39 | HOME DEPOT INC | HD | 128,958 | $52.3M | 0.71% |
| 40 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 1,139,600 | $51.4M | 0.70% |
| 41 | MOTOROLA SOLUTIONS INC | MSI | 101,400 | $46.4M | 0.63% |
| 42 | HCA HEALTHCARE INC | HCA | 106,767 | $45.5M | 0.62% |
| 43 | ROLLINS INC | ROL | 754,117 | $44.3M | 0.60% |
| 44 | TJX COS INC NEW | 872540109 | 306,000 | $44.2M | 0.60% |
| 45 | HP INC | HPQ | 1,600,015 | $43.6M | 0.59% |
| 46 | OTIS WORLDWIDE CORP | OTIS | 470,100 | $43.0M | 0.58% |
| 47 | INTERNATIONAL BUSINESS MACHS | INTR | 151,700 | $42.8M | 0.58% |
| 48 | CINTAS CORP | CTAS | 203,896 | $41.9M | 0.57% |
| 49 | NETAPP INC | NTAP | 344,850 | $40.9M | 0.55% |
| 50 | WALMART INC | WMT | 390,139 | $40.2M | 0.54% |
| 51 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 541,980 | $36.4M | 0.49% |
| 52 | VERIZON COMMUNICATIONS INC | VZ | 807,000 | $35.5M | 0.48% |
| 53 | LOWES COS INC | 548661107 | 137,483 | $34.6M | 0.47% |
| 54 | CHECK POINT SOFTWARE TECH LT | M22465104 | 166,329 | $34.4M | 0.47% |
| 55 | MCDONALDS CORP | MCD | 108,400 | $32.9M | 0.45% |
| 56 | AUTOMATIC DATA PROCESSING IN | ADP | 110,600 | $32.5M | 0.44% |
| 57 | QUALCOMM INC | QCOM | 177,000 | $29.4M | 0.40% |
| 58 | PFIZER INC | PFE | 1,148,500 | $29.3M | 0.40% |
| 59 | CHURCH & DWIGHT CO INC | CHD | 326,699 | $28.6M | 0.39% |
| 60 | KIMBERLY-CLARK CORP | KMB | 226,401 | $28.2M | 0.38% |
| 61 | AMGEN INC | AMGN | 96,300 | $27.2M | 0.37% |
| 62 | BOSTON SCIENTIFIC CORP | BSX | 274,100 | $26.8M | 0.36% |
| 63 | COMCAST CORP NEW | CCZ | 792,500 | $24.9M | 0.34% |
| 64 | EXPEDIA GROUP INC | EXPE | 115,200 | $24.6M | 0.33% |
| 65 | GARTNER INC | IT | 91,378 | $24.0M | 0.33% |
| 66 | SNAP ON INC | SNA | 65,100 | $22.6M | 0.31% |
| 67 | ILLINOIS TOOL WKS INC | 452308109 | 85,763 | $22.4M | 0.30% |
| 68 | ACCENTURE PLC IRELAND | ACN | 90,225 | $22.2M | 0.30% |
| 69 | UNIVERSAL HLTH SVCS INC | 913903100 | 96,700 | $19.8M | 0.27% |
| 70 | INTUIT | INTU | 28,200 | $19.3M | 0.26% |
| 71 | TRANE TECHNOLOGIES PLC | TT | 45,000 | $19.0M | 0.26% |
| 72 | ROPER TECHNOLOGIES INC | ROP | 37,900 | $18.9M | 0.26% |
| 73 | GEN DIGITAL INC | GENVR | 665,100 | $18.9M | 0.26% |
| 74 | AMPHENOL CORP NEW | 032095101 | 130,100 | $16.1M | 0.22% |
| 75 | REPUBLIC SVCS INC | 760759100 | 69,921 | $16.0M | 0.22% |
| 76 | PARKER-HANNIFIN CORP | PH | 20,400 | $15.5M | 0.21% |
| 77 | VERISK ANALYTICS INC | VRSK | 61,400 | $15.4M | 0.21% |
| 78 | EMCOR GROUP INC | EME | 23,561 | $15.3M | 0.21% |
| 79 | YUM BRANDS INC | YUM | 94,600 | $14.4M | 0.19% |
| 80 | CF INDS HLDGS INC | 125269100 | 160,100 | $14.4M | 0.19% |
| 81 | STRYKER CORPORATION | SYK | 38,600 | $14.3M | 0.19% |
| 82 | ELECTRONIC ARTS INC | EA | 67,301 | $13.6M | 0.18% |
| 83 | PAYCHEX INC | PAYX | 106,837 | $13.5M | 0.18% |
| 84 | ALBERTSONS COS INC | 013091103 | 768,000 | $13.4M | 0.18% |
| 85 | VERALTO CORP | VLTO | 111,000 | $11.8M | 0.16% |
| 86 | AUTODESK INC | ADSK | 36,392 | $11.6M | 0.16% |
| 87 | TRIMBLE INC | TRMB | 141,300 | $11.5M | 0.16% |
| 88 | VERISIGN INC | VRSN | 40,200 | $11.2M | 0.15% |
| 89 | HOLOGIC INC | HOLX | 157,200 | $10.6M | 0.14% |
| 90 | ABBOTT LABS | ABLZF | 74,700 | $10.0M | 0.14% |
| 91 | HILTON WORLDWIDE HLDGS INC | HLT | 38,400 | $10.0M | 0.13% |
| 92 | EXPEDITORS INTL WASH INC | 302130109 | 75,800 | $9.3M | 0.13% |
| 93 | F5 INC | FFIV | 26,330 | $8.5M | 0.12% |
| 94 | RPM INTL INC | 749685103 | 70,200 | $8.3M | 0.11% |
| 95 | MASCO CORP | MAS | 113,650 | $8.0M | 0.11% |
| 96 | BANK NEW YORK MELLON CORP | 064058100 | 70,300 | $7.7M | 0.10% |
| 97 | LOEWS CORP | L | 75,500 | $7.6M | 0.10% |
| 98 | WILLIAMS SONOMA INC | WSM | 34,900 | $6.8M | 0.09% |
| 99 | AMETEK INC | AME | 35,872 | $6.7M | 0.09% |
| 100 | GODADDY INC | GDDY | 44,100 | $6.0M | 0.08% |
| 101 | FIDELITY NATIONAL FINANCIAL | FNF | 96,000 | $5.8M | 0.08% |
| 102 | ADOBE INC | ADBE | 15,400 | $5.4M | 0.07% |
| 103 | LENNOX INTL INC | 526107107 | 9,834 | $5.2M | 0.07% |
| 104 | TRAVELERS COMPANIES INC | TRV | 18,000 | $5.0M | 0.07% |
| 105 | SALESFORCE INC | CRM | 19,600 | $4.6M | 0.06% |
| 106 | MONSTER BEVERAGE CORP NEW | MNST | 64,700 | $4.4M | 0.06% |
| 107 | MEDTRONIC PLC | MDT | 45,200 | $4.3M | 0.06% |
| 108 | DOMINOS PIZZA INC | DPZ | 9,700 | $4.2M | 0.06% |
| 109 | KLA CORP | KLAC | 3,700 | $4.0M | 0.05% |
| 110 | CUMMINS INC | CMI | 8,900 | $3.8M | 0.05% |
| 111 | T-MOBILE US INC | TMUSZ | 13,500 | $3.2M | 0.04% |
| 112 | PTC INC | PTC | 15,426 | $3.1M | 0.04% |
| 113 | ROSS STORES INC | ROST | 18,300 | $2.8M | 0.04% |
| 114 | RESMED INC | RSMDF | 9,605 | $2.6M | 0.04% |
| 115 | DECKERS OUTDOOR CORP | DECK | 22,500 | $2.3M | 0.03% |
| 116 | BROADRIDGE FINL SOLUTIONS IN | 11133T103 | 8,900 | $2.1M | 0.03% |
| 117 | CROWDSTRIKE HLDGS INC | CRWD | 2,198 | $1.1M | 0.01% |