13F HOLDINGS REPORT
Railway Pension Investments Ltd
Quarter ended Q4 2025 · Filed February 10, 2026 · Accession 0001658020-26-000002
Total Value
$8.51B
Positions
106
Other Managers
0
Confidential Omitted
No
Holdings (106)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 1,121,510 | $542.4M | 6.37% |
| 2 | ALPHABET INC | GOOG | 1,198,420 | $375.1M | 4.41% |
| 3 | NVIDIA CORPORATION | NVDA | 1,527,400 | $284.9M | 3.35% |
| 4 | BROADCOM INC | AVGO | 813,692 | $281.6M | 3.31% |
| 5 | THERMO FISHER SCIENTIFIC INC | TMO | 442,370 | $256.3M | 3.01% |
| 6 | AMAZON COM INC | AMZN | 1,045,000 | $241.2M | 2.83% |
| 7 | META PLATFORMS INC | META | 341,820 | $225.6M | 2.65% |
| 8 | IDEXX LABS INC | 45168D104 | 326,080 | $220.6M | 2.59% |
| 9 | VISA INC | V | 625,439 | $219.3M | 2.58% |
| 10 | APPLE INC | AAPL | 753,452 | $204.8M | 2.41% |
| 11 | NEXTERA ENERGY INC | NEE-PW | 2,517,732 | $202.1M | 2.37% |
| 12 | ABBVIE INC | ABBV | 859,749 | $196.4M | 2.31% |
| 13 | CONSTELLATION ENERGY CORP | CEG | 546,740 | $193.1M | 2.27% |
| 14 | S&P GLOBAL INC | SPGI | 368,900 | $192.8M | 2.26% |
| 15 | PALO ALTO NETWORKS INC | PANW | 1,045,756 | $192.6M | 2.26% |
| 16 | MASTERCARD INCORPORATED | MA | 334,260 | $190.8M | 2.24% |
| 17 | QUALCOMM INC | QCOM | 1,047,100 | $179.1M | 2.10% |
| 18 | CHENIERE ENERGY INC | LNG | 919,500 | $178.7M | 2.10% |
| 19 | PUBLIC SVC ENTERPRISE GRP IN | 744573106 | 2,225,250 | $178.7M | 2.10% |
| 20 | LAM RESEARCH CORP | LRCX | 1,041,500 | $178.3M | 2.09% |
| 21 | TEXAS INSTRS INC | 882508104 | 1,011,211 | $175.4M | 2.06% |
| 22 | EQUINIX INC | EQIX | 224,309 | $171.9M | 2.02% |
| 23 | GILEAD SCIENCES INC | GILD | 1,399,265 | $171.7M | 2.02% |
| 24 | LPL FINL HLDGS INC | 50212V100 | 445,280 | $159.0M | 1.87% |
| 25 | SERVICENOW INC | NOW | 1,033,000 | $158.2M | 1.86% |
| 26 | DANAHER CORPORATION | 235851102 | 689,899 | $157.9M | 1.86% |
| 27 | JOHNSON & JOHNSON | JNJ | 723,436 | $149.7M | 1.76% |
| 28 | AMPHENOL CORP NEW | 032095101 | 935,700 | $126.5M | 1.49% |
| 29 | MERCK & CO INC | MRK | 1,155,015 | $121.6M | 1.43% |
| 30 | KLA CORP | KLAC | 99,500 | $120.9M | 1.42% |
| 31 | OREILLY AUTOMOTIVE INC | 67103H107 | 1,259,751 | $114.9M | 1.35% |
| 32 | MCKESSON CORP | MCK | 126,122 | $103.5M | 1.22% |
| 33 | CISCO SYS INC | CSCO | 1,288,676 | $99.3M | 1.17% |
| 34 | EXPEDIA GROUP INC | EXPE | 330,900 | $93.7M | 1.10% |
| 35 | ALTRIA GROUP INC | MO | 1,466,800 | $84.6M | 0.99% |
| 36 | AUTOZONE INC | AZO | 24,102 | $81.7M | 0.96% |
| 37 | FASTENAL CO | FAST | 1,884,710 | $75.6M | 0.89% |
| 38 | BOOKING HOLDINGS INC | BKNG | 13,972 | $74.8M | 0.88% |
| 39 | PARKER-HANNIFIN CORP | PH | 83,160 | $73.1M | 0.86% |
| 40 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 1,184,400 | $63.9M | 0.75% |
| 41 | WW GRAINGER INC | 384802104 | 63,088 | $63.7M | 0.75% |
| 42 | SALESFORCE INC | CRM | 238,300 | $63.1M | 0.74% |
| 43 | NETAPP INC | NTAP | 589,450 | $63.1M | 0.74% |
| 44 | CADENCE DESIGN SYSTEM INC | CDNS | 166,240 | $52.0M | 0.61% |
| 45 | AUTODESK INC | ADSK | 171,152 | $50.7M | 0.60% |
| 46 | HCA HEALTHCARE INC | HCA | 106,767 | $49.8M | 0.59% |
| 47 | TJX COS INC NEW | 872540109 | 306,000 | $47.0M | 0.55% |
| 48 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 541,980 | $45.0M | 0.53% |
| 49 | INTERNATIONAL BUSINESS MACHS | INTR | 151,700 | $44.9M | 0.53% |
| 50 | ROLLINS INC | ROL | 727,617 | $43.7M | 0.51% |
| 51 | WALMART INC | WMT | 390,139 | $43.5M | 0.51% |
| 52 | OTIS WORLDWIDE CORP | OTIS | 470,100 | $41.1M | 0.48% |
| 53 | TAPESTRY INC | TPR | 310,800 | $39.7M | 0.47% |
| 54 | HP INC | HPQ | 1,759,515 | $39.2M | 0.46% |
| 55 | CINTAS CORP | CTAS | 203,896 | $38.3M | 0.45% |
| 56 | MOTOROLA SOLUTIONS INC | MSI | 97,760 | $37.5M | 0.44% |
| 57 | VERIZON COMMUNICATIONS INC | VZ | 807,000 | $32.9M | 0.39% |
| 58 | WILLIAMS SONOMA INC | WSM | 179,100 | $32.0M | 0.38% |
| 59 | AMGEN INC | AMGN | 96,300 | $31.5M | 0.37% |
| 60 | CHECK POINT SOFTWARE TECH LT | M22465104 | 166,329 | $30.9M | 0.36% |
| 61 | BOSTON SCIENTIFIC CORP | BSX | 259,900 | $24.8M | 0.29% |
| 62 | ACCENTURE PLC IRELAND | ACN | 90,225 | $24.2M | 0.28% |
| 63 | COMCAST CORP NEW | CCZ | 792,500 | $23.7M | 0.28% |
| 64 | GARTNER INC | IT | 91,378 | $23.1M | 0.27% |
| 65 | SNAP ON INC | SNA | 65,100 | $22.4M | 0.26% |
| 66 | ILLINOIS TOOL WKS INC | 452308109 | 85,763 | $21.1M | 0.25% |
| 67 | UNIVERSAL HLTH SVCS INC | 913903100 | 96,700 | $21.1M | 0.25% |
| 68 | TRIMBLE INC | TRMB | 261,800 | $20.5M | 0.24% |
| 69 | INTUIT | INTU | 28,200 | $18.7M | 0.22% |
| 70 | GEN DIGITAL INC | GENVR | 665,100 | $18.1M | 0.21% |
| 71 | TRANE TECHNOLOGIES PLC | TT | 45,000 | $17.5M | 0.21% |
| 72 | ROPER TECHNOLOGIES INC | ROP | 37,900 | $16.9M | 0.20% |
| 73 | EMCOR GROUP INC | EME | 23,561 | $14.4M | 0.17% |
| 74 | YUM BRANDS INC | YUM | 94,600 | $14.3M | 0.17% |
| 75 | COLGATE PALMOLIVE CO | CL | 178,909 | $14.1M | 0.17% |
| 76 | ELECTRONIC ARTS INC | EA | 67,301 | $13.8M | 0.16% |
| 77 | VERISK ANALYTICS INC | VRSK | 61,400 | $13.7M | 0.16% |
| 78 | STRYKER CORPORATION | SYK | 38,600 | $13.6M | 0.16% |
| 79 | CF INDS HLDGS INC | 125269100 | 160,100 | $12.4M | 0.15% |
| 80 | HOLOGIC INC | HOLX | 157,200 | $11.7M | 0.14% |
| 81 | EXPEDITORS INTL WASH INC | 302130109 | 75,800 | $11.3M | 0.13% |
| 82 | VERALTO CORP | VLTO | 111,000 | $11.1M | 0.13% |
| 83 | HILTON WORLDWIDE HLDGS INC | HLT | 38,400 | $11.0M | 0.13% |
| 84 | VERISIGN INC | VRSN | 40,200 | $9.8M | 0.11% |
| 85 | ABBOTT LABS | ABLZF | 74,700 | $9.4M | 0.11% |
| 86 | BANK NEW YORK MELLON CORP | 064058100 | 70,300 | $8.2M | 0.10% |
| 87 | LOEWS CORP | L | 75,500 | $8.0M | 0.09% |
| 88 | AMETEK INC | AME | 35,872 | $7.4M | 0.09% |
| 89 | RPM INTL INC | 749685103 | 70,200 | $7.3M | 0.09% |
| 90 | F5 INC | FFIV | 26,330 | $6.7M | 0.08% |
| 91 | GODADDY INC | GDDY | 44,100 | $5.5M | 0.06% |
| 92 | ADOBE INC | ADBE | 15,400 | $5.4M | 0.06% |
| 93 | FIDELITY NATIONAL FINANCIAL | FNF | 96,000 | $5.2M | 0.06% |
| 94 | TRAVELERS COMPANIES INC | TRV | 18,000 | $5.2M | 0.06% |
| 95 | MONSTER BEVERAGE CORP NEW | MNST | 64,700 | $5.0M | 0.06% |
| 96 | CUMMINS INC | CMI | 8,900 | $4.5M | 0.05% |
| 97 | MEDTRONIC PLC | MDT | 45,200 | $4.3M | 0.05% |
| 98 | DOMINOS PIZZA INC | DPZ | 9,700 | $4.0M | 0.05% |
| 99 | BROADRIDGE FINL SOLUTIONS IN | 11133T103 | 17,700 | $4.0M | 0.05% |
| 100 | PHILIP MORRIS INTL INC | 718172109 | 23,040 | $3.7M | 0.04% |
| 101 | ROSS STORES INC | ROST | 18,300 | $3.3M | 0.04% |
| 102 | PTC INC | PTC | 15,426 | $2.7M | 0.03% |
| 103 | DECKERS OUTDOOR CORP | DECK | 22,500 | $2.3M | 0.03% |
| 104 | KROGER CO | KR | 37,110 | $2.3M | 0.03% |
| 105 | RESMED INC | RSMDF | 9,605 | $2.3M | 0.03% |
| 106 | F&G ANNUITIES & LIFE INC | FGSN | 5,760 | $177,696 | 0.00% |