Latest Railway Pension Investments Ltd Stock Portfolio

Railway Pension Investments Ltd Performance:

2025 Q4: -3.63%YTD: -7.12%2024: 13.33%

Performance for 2025 Q4 is -3.63%, and YTD is -7.12%, and 2024 is 13.33%.

About Railway Pension Investments Ltd and 13F Hedge Fund Stock Holdings

On 2026-02-10, the fund reported it's updated stock portfolio. In the 13F Holdings report, Railway Pension Investments Ltd reported an equity portfolio of $8.5 Billions as of 31 Dec, 2025.

The top stock holdings of Railway Pension Investments Ltd are MSFT, GOOG, NVDA. The fund has invested 6.4% of it's portfolio in MICROSOFT CORP and 4.4% of portfolio in ALPHABET INC.

The fund managers got completely rid off PROCTER AND GAMBLE CO (PG), HOME DEPOT INC (HD) and LOWES COS INC (LOW) stocks. They significantly reduced their stock positions in PHILIP MORRIS INTL INC (PM), KROGER CO (KR) and COLGATE PALMOLIVE CO (CL). Railway Pension Investments Ltd opened new stock positions in LAM RESEARCH CORP (LRCX), CADENCE DESIGN SYSTEM INC (CDNS) and TAPESTRY INC (TPR). The fund showed a lot of confidence in some stocks as they added substantially to KLA CORP (KLAC), SALESFORCE INC (CRM) and AMPHENOL CORP NEW (APH).

Railway Pension Investments Ltd Annual Return Estimates Vs S&P 500

Our best estimate is that Railway Pension Investments Ltd made a return of -3.63% in the last quarter. In trailing 12 months, it's portfolio return was -7.12%.

Performance
S&P 500

New Buys

Ticker	$ Bought
lam research corp	178,284,000
cadence design system inc	51,963,300
tapestry inc	39,710,900
f&g annuities & life inc	177,696

New stocks bought by Railway Pension Investments Ltd

Additions

Ticker	% Inc.
kla corp	2,589
salesforce inc	1,115
amphenol corp new	619
qualcomm inc	491
servicenow inc	460
williams sonoma inc	413
autodesk inc	370
parker-hannifin corp	307

Additions to existing portfolio by Railway Pension Investments Ltd

Reductions

Ticker	% Reduced
philip morris intl inc	-95.52
kroger co	-95.36
colgate palmolive co	-77.43
johnson & johnson	-31.18
altria group inc	-14.47
boston scientific corp	-5.18
motorola solutions inc	-3.59
rollins inc	-3.51

Railway Pension Investments Ltd reduced stake in above stock

Sold off

Ticker	$ Sold
pfizer inc	-29,263,800
albertsons cos inc	-13,447,700
procter and gamble co	-94,264,100
church & dwight co inc	-28,628,600
kimberly-clark corp	-28,150,700
lowes cos inc	-34,550,900
home depot inc	-52,252,500
masco corp	-7,999,820

Railway Pension Investments Ltd got rid off the above stocks

Sector Distribution

Railway Pension Investments Ltd has about 35.9% of it's holdings in Technology sector.

Sector	%
Technology	35.9
Healthcare	18.9
Consumer Cyclical	9.4
Financial Services	9.3
Communication Services	7.6
Utilities	6.7
Industrials	4.7
Energy	2.1
Real Estate	2
Consumer Defensive	1.8
Others	1.2

Market Cap. Distribution

Railway Pension Investments Ltd has about 97.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	57.7
MEGA-CAP	40.2
UNALLOCATED	1.2

Stocks belong to which Index?

About 94.3% of the stocks held by Railway Pension Investments Ltd either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	94.3
Others	5.7

Top 5 Winners (%)		%
GOOG	alphabet inc	27.1 %
MRK	merck & co inc	25.2 %
CTSH	cognizant technology solutio	23.8 %
EXPD	expeditors intl wash inc	21.6 %
CMI	cummins inc	20.9 %

Top 5 Winners ($)		$
GOOG	alphabet inc	80.0 M
TMO	thermo fisher scientific inc	35.9 M
MRK	merck & co inc	24.8 M
DHR	danaher corporation	21.2 M
JNJ	johnson & johnson	19.1 M

Top 5 Losers (%)		%
NOW	servicenow inc	-74.7 %
FFIV	f5 inc	-21.0 %
AZO	autozone inc	-20.8 %
FAST	fastenal co	-18.2 %
HPQ	hp inc	-17.5 %

Top 5 Losers ($)		$
NOW	servicenow inc	-466.9 M
MSFT	microsoft corp	-35.3 M
LNG	cheniere energy inc	-34.4 M
META	meta platforms inc	-22.3 M
AZO	autozone inc	-21.5 M

Railway Pension Investments Ltd Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Railway Pension Investments Ltd

Railway Pension Investments Ltd has 106 stocks in it's portfolio. About 33.5% of the portfolio is in top 10 stocks. NOW proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Railway Pension Investments Ltd last quarter.

Last Reported on: 10 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.41	753,452	204,833,000	added	3.69

ABBV	abbvie inc	2.31	859,749	196,444,000	added	0.68

ABT	abbott labs	0.11	74,700	9,359,160	unchanged	0.00

ACI	albertsons cos inc	0.00	0.00	0.00	sold off	-100

ACN	accenture plc ireland	0.28	90,225	24,207,400	unchanged	0.00

ADBE	adobe inc	0.06	15,400	5,389,850	unchanged	0.00

ADP	automatic data processing in	0.00	0.00	0.00	sold off	-100

ADSK	autodesk inc	0.60	171,152	50,662,700	added	370

AME	ametek inc	0.09	35,872	7,364,880	unchanged	0.00

AMGN	amgen inc	0.37	96,300	31,520,000	unchanged	0.00

AMZN	amazon com inc	2.83	1,045,000	241,207,000	added	16.71

APH	amphenol corp new	1.49	935,700	126,450,000	added	619

AVGO	broadcom inc	3.31	813,692	281,619,000	added	44.35

AZO	autozone inc	0.96	24,102	81,741,900	added	1.69

BK	bank new york mellon corp	0.10	70,300	8,161,130	unchanged	0.00

BKNG	booking holdings inc	0.88	13,972	74,824,700	added	1.82

BMY	bristol-myers squibb co	0.75	1,184,400	63,886,500	added	3.93

BR	broadridge finl solutions in	0.05	17,700	3,950,110	added	98.88

BSX	boston scientific corp	0.29	259,900	24,781,500	reduced	-5.18

CDNS	cadence design system inc	0.61	166,240	51,963,300	new