Railway Pension Investments Ltd

13F filer, CIK 1658020, LONDON, United Kingdom

Railway Pension Investments Ltd reported $7,540,169,189 across 208 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-12. Its ten largest share positions make up 19.5% of the portfolio.

Filed 2025-02-12 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC13F-HR 0001658020-25-000002

Period: 2024-12-31
Reported value: $7.54B
Holdings: 208
Top 10 weight: 19.5%
New: 9
Sold out: 16

Largest buys vs the previous quarter

Security	Shares change	Approx. value
PANWadded	+273,453	$49.8M
GLOBnew	+104,900	$22.5M
MAnew	+39,100	$20.6M
HPEadded	+828,300	$17.7M
UHSadded	+82,400	$14.8M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
ALGNexited	-326,361	-$83M
EWexited	-1,174,280	-$77.5M
CSCOreduced	-828,300	-$49M
CDNSreduced	-134,100	-$40.3M
KLACreduced	-63,578	-$40.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR 0001658020-25-000002, largest first. % of portfolio is the value over $7,540,169,189, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
MSFTMICROSOFT CORP	422,000	$178M	2.36%	+7,700	Timeline
NOWSERVICENOW INC	161,600	$171M	2.27%	-9,400	Timeline
AVGOBROADCOM INC	728,190	$169M	2.24%	-36,500	Timeline
WMTWALMART INC	1,656,197	$150M	1.98%	-104,400	Timeline
GOOGLALPHABET INC	740,420	$140M	1.86%	-29,400	Timeline
ACNACCENTURE PLC IRELAND	392,682	$138M	1.83%	+10,000	Timeline
AMZNAMAZON COM INC	603,500	$132M	1.76%	-34,800	Timeline
METAMETA PLATFORMS INC	225,920	$132M	1.75%	-13,300	Timeline
AAPLAPPLE INC	527,152	$132M	1.75%	-32,700	Timeline
ABBVABBVIE INC	717,668	$128M	1.69%	+16,900	Timeline
GILDGILEAD SCIENCES INC	1,351,365	$125M	1.66%	-82,800	Timeline
EQIXEQUINIX INC	127,369	$120M	1.59%	-7,500	Timeline
SPGIS&P GLOBAL INC	238,400	$119M	1.57%	-13,900	Timeline
VVISA INC	364,939	$115M	1.53%	-21,100	Timeline
PGPROCTER & GAMBLE CO	656,263	$110M	1.46%	-40,100	Timeline
LNGCHENIERE ENERGY INC	511,000	$110M	1.46%	0	Timeline
PANWPALO ALTO NETWORKS INC	581,306	$106M	1.4%	+273,453	Timeline
NEENEXTERA ENERGY INC	1,456,332	$104M	1.38%	-86,100	Timeline
ORLYOREILLY AUTOMOTIVE INC	85,321	$101M	1.34%	-5,500	Timeline
CEGCONSTELLATION ENERGY CORP	451,800	$101M	1.34%	0	Timeline
JNJJOHNSON & JOHNSON	697,836	$101M	1.34%	-266,100	Timeline
MOALTRIA GROUP INC	1,748,200	$91.4M	1.21%	-212,800	Timeline
EQTEQT CORP	1,963,000	$90.5M	1.2%	0	Timeline
MRKMERCK & CO INC	885,115	$88.1M	1.17%	-37,300	Timeline
CCJCAMECO CORP	1,706,900	$87.7M	1.16%	0	Timeline
CNPCENTERPOINT ENERGY INC	2,703,745	$85.8M	1.14%	0	Timeline
TXNTEXAS INSTRS INC	452,286	$84.8M	1.12%	-26,500	Timeline
AZOAUTOZONE INC	26,027	$83.3M	1.11%	-1,700	Timeline
CSCOCISCO SYS INC	1,392,276	$82.4M	1.09%	-828,300	Timeline
MCKMCKESSON CORP	138,522	$78.9M	1.05%	-7,700	Timeline
KRKROGER CO	1,276,110	$78M	1.03%	-53,600	Timeline
CLCOLGATE PALMOLIVE CO	852,296	$77.5M	1.03%	-81,500	Timeline
DHRDANAHER CORP DEL	330,699	$75.9M	1.01%	-19,400	Timeline
PMPHILIP MORRIS INTL INC	629,540	$75.8M	1%	-27,900	Timeline
IDXXIDEXX LABS INC	182,330	$75.4M	1%	-10,700	Timeline
GWWWW GRAINGER INC	71,088	$74.9M	0.99%	-2,400	Timeline
FASTFASTENAL CO	1,005,855	$72.3M	0.96%	-74,600	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	138,370	$72M	0.95%	-8,000	Timeline
FCXFREEPORT MCMORAN INC	1,882,400	$71.7M	0.95%	0	Timeline
TECKTECK RESOURCES LTD	1,768,600	$71.7M	0.95%	0	Timeline
CVXCHEVRON CORPORATION	487,400	$70.6M	0.94%	0	Timeline
BKNGBOOKING HOLDINGS INC	14,000	$69.6M	0.92%	+1,700	Timeline
EOGEOG RES INC	536,700	$65.8M	0.87%	0	Timeline
COSTCOSTCO WHOLESALE CORPORATION	63,742	$58.4M	0.77%	-33,400	Timeline
DASHDOORDASH INC	344,212	$57.7M	0.77%	0	Timeline
FICOFAIR ISAAC CORP	28,100	$55.9M	0.74%	-2,100	Timeline
HDHOME DEPOT INC	143,658	$55.9M	0.74%	-13,300	Timeline
ITGARTNER INC	110,678	$53.6M	0.71%	+100	Timeline
DDOGDATADOG INC	371,761	$53.1M	0.7%	0	Timeline
CORCENCORA INC	235,329	$52.9M	0.7%	-8,100	Timeline
HOODROBINHOOD MKTS INC	1,417,536	$52.8M	0.7%	-519,738	Timeline
CMSCMS ENERGY CORP	790,900	$52.7M	0.7%	0	Timeline
FTNTFORTINET INC	540,405	$51.1M	0.68%	-32,200	Timeline
HPQHP INC	1,517,015	$49.5M	0.66%	-54,800	Timeline
OTISOTIS WORLDWIDE CORP	526,000	$48.7M	0.65%	-37,900	Timeline
MSIMOTOROLA SOLUTIONS INC	104,700	$48.4M	0.64%	-3,700	Timeline
BAHBOOZ ALLEN HAMILTON HLDG COR	369,900	$47.6M	0.63%	-16,500	Timeline
BILLBILL HOLDINGS INC	549,946	$46.6M	0.62%	0	Timeline
HCAHCA HEALTHCARE INC	148,767	$44.7M	0.59%	-1,900	Timeline
NDAQNASDAQ INC	567,900	$43.9M	0.58%	0	Timeline
CTSHCOGNIZANT TECHNOLOGY SOLUTIO	540,780	$41.6M	0.55%	-7,700	Timeline
PEPPEPSICO INC	272,984	$41.5M	0.55%	-10,300	Timeline
LINLINDE PLC	97,900	$41M	0.54%	-5,100	Timeline
CTASCINTAS CORP	221,996	$40.6M	0.54%	-13,900	Timeline
CRWDCROWDSTRIKE HLDGS INC	113,748	$38.9M	0.52%	+2,728	Timeline
UNHUNITEDHEALTH GROUP INC	76,456	$38.7M	0.51%	-3,800	Timeline
TJXTJX COS INC NEW	315,500	$38.1M	0.51%	-17,300	Timeline
VLTOVERALTO CORP	373,299	$38M	0.5%	-4,800	Timeline
ROLROLLINS INC	810,817	$37.6M	0.5%	-41,100	Timeline
NTAPNETAPP INC	320,750	$37.2M	0.49%	-13,913	Timeline
ORCLORACLE CORP	222,000	$37M	0.49%	-17,900	Timeline
CHDCHURCH & DWIGHT CO INC	352,499	$36.9M	0.49%	-21,400	Timeline
NVRNVR INC	4,474	$36.6M	0.49%	-320	Timeline
ELVELEVANCE HEALTH INC FORMERLY	95,928	$35.4M	0.47%	-89,099	Timeline
IBMINTERNATIONAL BUSINESS MACHS	157,700	$34.7M	0.46%	-7,400	Timeline
JPMJPMORGAN CHASE & CO	143,500	$34.4M	0.46%	+5,500	Timeline
RSGREPUBLIC SVCS INC	169,321	$34.1M	0.45%	0	Timeline
CHKPCHECK POINT SOFTWARE TECH LT	179,129	$33.4M	0.44%	-7,800	Timeline
PTCPTC INC	178,700	$32.9M	0.44%	0	Timeline
KMBKIMBERLY-CLARK CORP	240,440	$31.5M	0.42%	-8,700	Timeline
NTNXNUTANIX INC	511,641	$31.3M	0.42%	0	Timeline
AMGNAMGEN INC	116,000	$30.2M	0.4%	-4,700	Timeline
XYZBLOCK INC	354,123	$30.1M	0.4%	0	Timeline
LOWLOWES COS INC	119,983	$29.6M	0.39%	+2,100	Timeline
OWLBLUE OWL CAPITAL INC	1,268,900	$29.5M	0.39%	0	Timeline
CMCSACOMCAST CORP NEW	783,400	$29.4M	0.39%	+16,000	Timeline
LULULULULEMON ATHLETICA INC	75,000	$28.7M	0.38%	0	Timeline
ADPAUTOMATIC DATA PROCESSING IN	93,400	$27.3M	0.36%	-1,400	Timeline
NVTNVENT ELEC PLC	395,381	$26.9M	0.36%	0	Timeline
SOLVSOLVENTUM CORP	399,861	$26.4M	0.35%	+4,700	Timeline
ETNEATON CORP PLC	78,500	$26.1M	0.35%	+500	Timeline
VZVERIZON COMMUNICATIONS INC	644,500	$25.8M	0.34%	0	Timeline
SNASNAP ON INC	75,800	$25.7M	0.34%	-59,224	Timeline
WMWASTE MGMT INC DEL	125,276	$25.3M	0.34%	-30,300	Timeline
CATCATERPILLAR INC	69,600	$25.2M	0.33%	-48,700	Timeline
ABTABBOTT LABORATORIES	218,600	$24.7M	0.33%	-14,400	Timeline
ARGXARGENX SE	39,500	$24.3M	0.32%	+16,700	Timeline
UTHRUNITED THERAPEUTICS CORP DEL	67,900	$24M	0.32%	+1,700	Timeline
GLOBGLOBANT S A	104,900	$22.5M	0.3%	new	Timeline
BSXBOSTON SCIENTIFIC CORP	242,000	$21.6M	0.29%	0	Timeline
TWLOTWILIO INC	199,727	$21.6M	0.29%	0	Timeline
CAHCARDINAL HEALTH INC	182,200	$21.5M	0.29%	+38,000	Timeline
BMYBRISTOL-MYERS SQUIBB CO	378,900	$21.4M	0.28%	+40,600	Timeline
ITWILLINOIS TOOL WKS INC	84,163	$21.3M	0.28%	-6,500	Timeline
HPEHEWLETT PACKARD ENTERPRISE C	989,500	$21.1M	0.28%	+828,300	Timeline
CGNXCOGNEX CORP	581,600	$20.9M	0.28%	0	Timeline
MAMASTERCARD INCORPORATED	39,100	$20.6M	0.27%	new	Timeline
ELLAUDER ESTEE COS INC	271,500	$20.4M	0.27%	0	Timeline
GHGUARDANT HEALTH INC	620,878	$19M	0.25%	0	Timeline
CDNSCADENCE DESIGN SYSTEM INC	60,800	$18.3M	0.24%	-134,100	Timeline
MRSHMARSH & MCLENNAN COS INC	83,700	$17.8M	0.24%	0	Timeline
OKTAOKTA INC	225,296	$17.8M	0.24%	0	Timeline
TENBTENABLE HLDGS INC	449,732	$17.7M	0.23%	0	Timeline
BALLBALL CORP	320,700	$17.7M	0.23%	+122,500	Timeline
TECHBIO-TECHNE CORP	226,700	$16.3M	0.22%	0	Timeline
GISGENERAL MILLS INC	254,290	$16.2M	0.22%	0	Timeline
UHSUNIVERSAL HLTH SVCS INC	89,500	$16.1M	0.21%	+82,400	Timeline
ABNBAIRBNB INC	122,077	$16M	0.21%	0	Timeline
DPZDOMINOS PIZZA INC	38,200	$16M	0.21%	-3,400	Timeline
PGRPROGRESSIVE CORP	66,500	$15.9M	0.21%	+1,000	Timeline
PAYXPAYCHEX INC	112,237	$15.7M	0.21%	-9,600	Timeline
PHMPULTE GROUP INC	143,739	$15.7M	0.21%	0	Timeline
GENGEN DIGITAL INC	570,200	$15.6M	0.21%	+360,200	Timeline
TTTRANE TECHNOLOGIES PLC	41,800	$15.4M	0.2%	+8,300	Timeline
TAPMOLSON COORS BEVERAGE CO	260,300	$14.9M	0.2%	+53,700	Timeline
SYKSTRYKER CORPORATION	40,500	$14.6M	0.19%	+10,200	Timeline
ROPROPER TECHNOLOGIES INC	28,000	$14.6M	0.19%	+5,800	Timeline
INTUINTUIT	22,700	$14.3M	0.19%	-1,400	Timeline
MOHMOLINA HEALTHCARE INC	47,800	$13.9M	0.18%	+6,500	Timeline
EAELECTRONIC ARTS INC	93,001	$13.6M	0.18%	-8,500	Timeline
PHPARKER-HANNIFIN CORP	21,300	$13.5M	0.18%	0	Timeline
KLACKLA CORP	21,263	$13.4M	0.18%	-63,578	Timeline
DVADAVITA INC	88,856	$13.3M	0.18%	+1,600	Timeline
ETSYETSY INC	251,170	$13.3M	0.18%	0	Timeline
CBCHUBB LIMITED	47,200	$13M	0.17%	+900	Timeline
PKGPACKAGING CORP AMER	57,000	$12.8M	0.17%	0	Timeline
LENLENNAR CORP	93,900	$12.8M	0.17%	+44,600	Timeline
CBRECBRE GROUP INC	97,200	$12.8M	0.17%	-8,000	Timeline
AMATAPPLIED MATLS INC	77,168	$12.5M	0.17%	-158,100	Timeline
BLDRBUILDERS FIRSTSOURCE INC	84,300	$12M	0.16%	+51,800	Timeline
RSRELIANCE INC	42,300	$11.4M	0.15%	+35,100	Timeline
TDGTRANSDIGM GROUP INC	8,900	$11.3M	0.15%	-300	Timeline
WCNWASTE CONNECTIONS INC	64,900	$11.1M	0.15%	0	Timeline
HOLXHOLOGIC INC	151,300	$10.9M	0.14%	-14,400	Timeline
AFLAFLAC INC	94,600	$9.79M	0.13%	+4,400	Timeline
KOCOCA COLA CO	149,700	$9.32M	0.12%	-450,600	Timeline
APHAMPHENOL CORP	133,700	$9.29M	0.12%	0	Timeline
BLKBLACKROCK INC	9,000	$9.23M	0.12%	new	Timeline
RPMRPM INTL INC	74,800	$9.2M	0.12%	-6,700	Timeline
MASMASCO CORP	123,650	$8.97M	0.12%	-10,700	Timeline
LRCXLAM RESEARCH CORP	122,300	$8.83M	0.12%	new	Timeline
VRTXVERTEX PHARMACEUTICALS INC	21,600	$8.7M	0.12%	-2,100	Timeline
DECKDECKERS OUTDOOR CORP	41,400	$8.41M	0.11%	0	Timeline
EXPDEXPEDITORS INTL WASH INC	75,800	$8.4M	0.11%	-7,200	Timeline
ADBEADOBE INC	18,800	$8.36M	0.11%	-3,300	Timeline
VRSKVERISK ANALYTICS INC	29,900	$8.24M	0.11%	+15,300	Timeline
PWRQUANTA SVCS INC	25,800	$8.15M	0.11%	-100	Timeline
HSYHERSHEY CO	43,541	$7.37M	0.1%	-4,200	Timeline
WSMWILLIAMS SONOMA INC	39,600	$7.33M	0.1%	-2,200	Timeline
AMPAMERIPRISE FINL INC	12,800	$6.82M	0.09%	0	Timeline
YUMYUM BRANDS INC	48,500	$6.51M	0.09%	-3,300	Timeline
IEXIDEX CORP	30,761	$6.44M	0.09%	-3,000	Timeline
ACIALBERTSONS COMPANIES INC	323,800	$6.36M	0.08%	new	Timeline
EMEEMCOR GROUP INC	13,900	$6.31M	0.08%	0	Timeline
KHCKRAFT HEINZ CO	190,200	$5.84M	0.08%	0	Timeline
BNYBANK OF NY MELLON CORP	74,100	$5.69M	0.08%	+31,900	Timeline
ACGLARCH CAP GROUP LTD	58,900	$5.44M	0.07%	0	Timeline
DGXQUEST DIAGNOSTICS INC	33,861	$5.11M	0.07%	-3,300	Timeline
AMEAMETEK INC	28,072	$5.06M	0.07%	+2,000	Timeline
MANHMANHATTAN ASSOCIATES INC	18,700	$5.05M	0.07%	-1,300	Timeline
GDDYGODADDY INC	25,400	$5.01M	0.07%	-2,000	Timeline
JKHYHENRY JACK & ASSOC INC	27,807	$4.87M	0.06%	-2,700	Timeline
VRSNVERISIGN INC	23,500	$4.86M	0.06%	+12,500	Timeline
QCOMQUALCOMM INC	31,200	$4.79M	0.06%	0	Timeline
SOSOUTHERN CO	57,700	$4.75M	0.06%	0	Timeline
HONHONEYWELL INTL INC	21,000	$4.74M	0.06%	0	Timeline
ROSTROSS STORES INC	28,900	$4.37M	0.06%	+14,600	Timeline
MCHPMICROCHIP TECHNOLOGY INC.	68,600	$3.93M	0.05%	-6,600	Timeline
NXPINXP SEMICONDUCTORS N V	18,500	$3.85M	0.05%	-1,800	Timeline
LIILENNOX INTL INC	6,200	$3.78M	0.05%	+2,900	Timeline
FFIVF5 INC	14,500	$3.65M	0.05%	0	Timeline
HUBBHUBBELL INC	8,600	$3.6M	0.05%	0	Timeline
HIGHARTFORD INSURANCE GROUP INC	32,900	$3.6M	0.05%	0	Timeline
ADSKAUTODESK INC	11,900	$3.52M	0.05%	new	Timeline
SEICSEI INVTS CO	39,900	$3.29M	0.04%	+26,700	Timeline
CMICUMMINS INC	8,900	$3.1M	0.04%	+1,800	Timeline
IRINGERSOLL RAND INC	33,500	$3.03M	0.04%	0	Timeline
GRMNGARMIN LTD	9,800	$2.02M	0.03%	new	Timeline
MDTMEDTRONIC PLC	23,400	$1.87M	0.02%	0	Timeline
KDPKEURIG DR PEPPER INC	57,700	$1.85M	0.02%	0	Timeline
TRVTRAVELERS COMPANIES INC	7,000	$1.69M	0.02%	new	Timeline
OCOWENS CORNING NEW	9,800	$1.67M	0.02%	-132,700	Timeline
IRMIRON MTN INC DEL	15,800	$1.66M	0.02%	-132,100	Timeline
LLOEWS CORP	19,500	$1.65M	0.02%	+11,200	Timeline
KEYSKEYSIGHT TECHNOLOGIES INC	9,600	$1.54M	0.02%	0	Timeline
PDDPDD HOLDINGS INC	15,400	$1.49M	0.02%	0	Timeline
TAT&T INC	60,400	$1.38M	0.02%	0	Timeline
WRBBERKLEY W R CORP	22,950	$1.34M	0.02%	0	Timeline
MTDMETTLER TOLEDO INTERNATIONAL	900	$1.1M	0.01%	0	Timeline
GPCGENUINE PARTS CO	8,900	$1.04M	0.01%	0	Timeline
FEFIRSTENERGY CORP	25,500	$1.01M	0.01%	0	Timeline
HLTHILTON WORLDWIDE HLDGS INC	4,100	$1.01M	0.01%	0	Timeline
FTVFORTIVE CORP	12,200	$915K	0.01%	0	Timeline
FERGFERGUSON ENTERPRISES INC	5,100	$885K	0.01%	0	Timeline
KVUEKENVUE INC	40,100	$856K	0.01%	0	Timeline
CAGCONAGRA BRANDS INC	21,700	$602K	0.01%	0	Timeline
AOSSMITH A O CORP	8,200	$559K	0.01%	-30,000	Timeline
111 INC111 INC	257,229	$160K	<0.01%	new

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
ALGNALIGN TECHNOLOGY INC	326,361	$83M	shares
EWEDWARDS LIFESCIENCES CORP	1,174,280	$77.5M	shares
CVSCVS HEALTH CORP	573,446	$36.1M	shares
NUENUCOR CORP	197,852	$29.7M	shares
CNCCENTENE CORP DEL	367,200	$27.6M	shares
STLDSTEEL DYNAMICS INC	196,800	$24.8M	shares
FOXAFOX CORP	491,200	$20.8M	shares
JBLJABIL INC	158,100	$18.9M	shares
RHIROBERT HALF INC.	262,767	$17.7M	shares
LHLABCORP HOLDINGS INC	71,300	$15.9M	shares
REGNREGENERON PHARMACEUTICALS	15,000	$15.8M	shares
ADIANALOG DEVICES INC	39,700	$9.14M	shares
VIPSVIPSHOP HLDGS LTD	447,400	$7.04M	shares
CSLCARLISLE COS INC	7,700	$3.46M	shares
DINOHF SINCLAIR CORP	33,000	$1.47M	shares
FRSHFRESHWORKS INC	14,729	$169K	shares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001658020-25-000002	base		2025-02-12	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC