Railway Pension Investments Ltd Diversified Active

CIK: 0001658020 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 10, 2026

Total Value ($000): $8,512,244 (100.0% shares, 0.0% debt)

Holdings (106)

New Positions (4)

LRCX LAM RESEARCH CORP 2.1%

Value ($000) $178,284 Shares 1,041,500 Est. Cost $155.36 Unrealized 0.0%

CDNS CADENCE DESIGN SYSTEM INC 0.6%

Value ($000) $51,963 Shares 166,240 Est. Cost $326.31 Unrealized 0.0%

TPR TAPESTRY INC 0.5%

Value ($000) $39,711 Shares 310,800 Est. Cost $114.03 Unrealized 0.0%

FG F&G ANNUITIES & LIFE INC 0.0%

Value ($000) $178 Shares 5,760 Est. Cost $31.09 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LRCX	LAM RESEARCH CORP	1,041,500	$178,284	2.1%	$155.36	0.0%	COM NEW	512807306
CDNS	CADENCE DESIGN SYSTEM INC	166,240	$51,963	0.6%	$326.31	0.0%	COM	127387108
TPR	TAPESTRY INC	310,800	$39,711	0.5%	$114.03	0.0%	COM	876030107
FG	F&G ANNUITIES & LIFE INC	5,760	$178	0.0%	$31.09	0.0%	COMMON STOCK	30190A104

Increased Positions (37)

QCOM QUALCOMM INC 2.1%

Value ($000) $179,106 (+508.3%) Shares 1,047,100 (+491.6%) Est. Cost $166.15 Unrealized +2.8%

KLAC KLA CORP 1.4%

Value ($000) $120,900 (+2929.5%) Shares 99,500 (+2589.2%) Est. Cost $1162.93 Unrealized +0.8%

APH AMPHENOL CORP NEW 1.5%

Value ($000) $126,450 (+685.4%) Shares 935,700 (+619.2%) Est. Cost $122.72 Unrealized +8.8%

GOOGL ALPHABET INC 4.4%

Value ($000) $375,105 (+41.3%) Shares 1,198,420 (+9.8%) Est. Cost $165.23 Unrealized +72.9%

TMO THERMO FISHER SCIENTIFIC INC 3.0%

Value ($000) $256,331 (+65.8%) Shares 442,370 (+38.8%) Est. Cost $473.98 Unrealized +19.2%

AVGO BROADCOM INC 3.3%

Value ($000) $281,619 (+51.4%) Shares 813,692 (+44.4%) Est. Cost $249.71 Unrealized +43.0%

NVDA NVIDIA CORPORATION 3.3%

Value ($000) $284,860 (+48.8%) Shares 1,527,400 (+48.9%) Est. Cost $178.18 Unrealized +4.5%

CEG CONSTELLATION ENERGY CORP 2.3%

Value ($000) $193,147 (+71.9%) Shares 546,740 (+60.1%) Est. Cost $198.56 Unrealized +82.9%

EXPE EXPEDIA GROUP INC 1.1%

Value ($000) $93,747 (+280.7%) Shares 330,900 (+187.2%) Est. Cost $220.09 Unrealized +12.2%

CRM SALESFORCE INC 0.7%

Value ($000) $63,128 (+1259.0%) Shares 238,300 (+1115.8%) Est. Cost $251.26 Unrealized -1.2%

MSFT MICROSOFT CORP 6.4%

Value ($000) $542,385 (+11.9%) Shares 1,121,510 (+19.8%) Est. Cost $418.91 Unrealized +19.5%

PH PARKER-HANNIFIN CORP 0.9%

Value ($000) $73,094 (+372.6%) Shares 83,160 (+307.6%) Est. Cost $713.16 Unrealized +14.7%

AMZN AMAZON COM INC 2.8%

Value ($000) $241,207 (+22.7%) Shares 1,045,000 (+16.7%) Est. Cost $180.73 Unrealized +26.6%

ADSK AUTODESK INC 0.6%

Value ($000) $50,663 (+338.2%) Shares 171,152 (+370.3%) Est. Cost $300.11 Unrealized +0.8%

LPLA LPL FINL HLDGS INC 1.9%

Value ($000) $159,041 (+31.5%) Shares 445,280 (+22.5%) Est. Cost $357.87 Unrealized -1.2%

META META PLATFORMS INC 2.7%

Value ($000) $225,632 (+19.4%) Shares 341,820 (+32.8%) Est. Cost $478.63 Unrealized +39.4%

SPGI S&P GLOBAL INC 2.3%

Value ($000) $192,783 (+21.1%) Shares 368,900 (+12.7%) Est. Cost $404.80 Unrealized +22.1%

IDXX IDEXX LABS INC 2.6%

Value ($000) $220,603 (+16.4%) Shares 326,080 (+10.0%) Est. Cost $547.67 Unrealized +24.3%

WSM WILLIAMS SONOMA INC 0.4%

Value ($000) $31,985 (+368.9%) Shares 179,100 (+413.2%) Est. Cost $180.63 Unrealized +3.7%

NEE NEXTERA ENERGY INC 2.4%

Value ($000) $202,124 (+13.6%) Shares 2,517,732 (+6.8%) Est. Cost $67.04 Unrealized +23.1%

NTAP NETAPP INC 0.7%

Value ($000) $63,124 (+54.5%) Shares 589,450 (+70.9%) Est. Cost $83.62 Unrealized +35.9%

PEG PUBLIC SVC ENTERPRISE GRP IN 2.1%

Value ($000) $178,688 (+12.8%) Shares 2,225,250 (+17.3%) Est. Cost $81.65 Unrealized -0.7%

AZO AUTOZONE INC 1.0%

Value ($000) $81,742 (-19.6%) Shares 24,102 (+1.7%) Est. Cost $1273.39 Unrealized +196.7%

AAPL APPLE INC 2.4%

Value ($000) $204,833 (+10.7%) Shares 753,452 (+3.7%) Est. Cost $171.50 Unrealized +56.5%

V VISA INC 2.6%

Value ($000) $219,348 (+9.4%) Shares 625,439 (+6.5%) Est. Cost $262.58 Unrealized +29.6%

ORLY OREILLY AUTOMOTIVE INC 1.3%

Value ($000) $114,902 (-11.8%) Shares 1,259,751 (+4.2%) Est. Cost $87.36 Unrealized +11.8%

BMY BRISTOL-MYERS SQUIBB CO 0.8%

Value ($000) $63,887 (+24.3%) Shares 1,184,400 (+3.9%) Est. Cost $48.01 Unrealized -1.0%

EQIX EQUINIX INC 2.0%

Value ($000) $171,857 (+7.5%) Shares 224,309 (+9.9%) Est. Cost $626.28 Unrealized +24.7%

NOW SERVICENOW INC 1.9%

Value ($000) $158,245 (-6.7%) Shares 1,033,000 (+460.2%) Est. Cost $163.57 Unrealized +4.9%

TXN TEXAS INSTRS INC 2.1%

Value ($000) $175,435 (+6.2%) Shares 1,011,211 (+12.4%) Est. Cost $159.31 Unrealized +7.2%

TRMB TRIMBLE INC 0.2%

Value ($000) $20,512 (+77.8%) Shares 261,800 (+85.3%) Est. Cost $72.93 Unrealized +9.3%

PANW PALO ALTO NETWORKS INC 2.3%

Value ($000) $192,628 (+2.7%) Shares 1,045,756 (+13.5%) Est. Cost $174.25 Unrealized +15.8%

HPQ HP INC 0.5%

Value ($000) $39,202 (-10.0%) Shares 1,759,515 (+10.0%) Est. Cost $22.71 Unrealized +11.2%

LNG CHENIERE ENERGY INC 2.1%

Value ($000) $178,742 (-2.1%) Shares 919,500 (+18.3%) Est. Cost $194.25 Unrealized +8.1%

MA MASTERCARD INCORPORATED 2.2%

Value ($000) $190,822 (+1.8%) Shares 334,260 (+1.4%) Est. Cost $562.77 Unrealized -0.7%

BR BROADRIDGE FINL SOLUTIONS IN 0.0%

Value ($000) $3,950 (+86.4%) Shares 17,700 (+98.9%) Est. Cost $230.04 Unrealized -1.2%

BKNG BOOKING HOLDINGS INC 0.9%

Value ($000) $74,825 (+1.0%) Shares 13,972 (+1.8%) Est. Cost $2987.58 Unrealized +72.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QCOM	QUALCOMM INC	1,047,100 (+491.6%)	$179,106 (+508.3%)	2.1%	$166.15	+2.8%	COM	747525103
KLAC	KLA CORP	99,500 (+2589.2%)	$120,900 (+2929.5%)	1.4%	$1162.93	+0.8%	COM NEW	482480100
APH	AMPHENOL CORP NEW	935,700 (+619.2%)	$126,450 (+685.4%)	1.5%	$122.72	+8.8%	CL A	032095101
GOOGL	ALPHABET INC	1,198,420 (+9.8%)	$375,105 (+41.3%)	4.4%	$165.23	+72.9%	CAP STK CL A	02079K305
TMO	THERMO FISHER SCIENTIFIC INC	442,370 (+38.8%)	$256,331 (+65.8%)	3.0%	$473.98	+19.2%	COM	883556102
AVGO	BROADCOM INC	813,692 (+44.4%)	$281,619 (+51.4%)	3.3%	$249.71	+43.0%	COM	11135F101
NVDA	NVIDIA CORPORATION	1,527,400 (+48.9%)	$284,860 (+48.8%)	3.3%	$178.18	+4.5%	COM	67066G104
CEG	CONSTELLATION ENERGY CORP	546,740 (+60.1%)	$193,147 (+71.9%)	2.3%	$198.56	+82.9%	COM	21037T109
EXPE	EXPEDIA GROUP INC	330,900 (+187.2%)	$93,747 (+280.7%)	1.1%	$220.09	+12.2%	COM NEW	30212P303
CRM	SALESFORCE INC	238,300 (+1115.8%)	$63,128 (+1259.0%)	0.7%	$251.26	-1.2%	COM	79466L302
MSFT	MICROSOFT CORP	1,121,510 (+19.8%)	$542,385 (+11.9%)	6.4%	$418.91	+19.5%	COM	594918104
PH	PARKER-HANNIFIN CORP	83,160 (+307.6%)	$73,094 (+372.6%)	0.9%	$713.16	+14.7%	COM	701094104
AMZN	AMAZON COM INC	1,045,000 (+16.7%)	$241,207 (+22.7%)	2.8%	$180.73	+26.6%	COM	023135106
ADSK	AUTODESK INC	171,152 (+370.3%)	$50,663 (+338.2%)	0.6%	$300.11	+0.8%	COM	052769106
LPLA	LPL FINL HLDGS INC	445,280 (+22.5%)	$159,041 (+31.5%)	1.9%	$357.87	-1.2%	COM	50212V100
META	META PLATFORMS INC	341,820 (+32.8%)	$225,632 (+19.4%)	2.7%	$478.63	+39.4%	CL A	30303M102
SPGI	S&P GLOBAL INC	368,900 (+12.7%)	$192,783 (+21.1%)	2.3%	$404.80	+22.1%	COM	78409V104
IDXX	IDEXX LABS INC	326,080 (+10.0%)	$220,603 (+16.4%)	2.6%	$547.67	+24.3%	COM	45168D104
WSM	WILLIAMS SONOMA INC	179,100 (+413.2%)	$31,985 (+368.9%)	0.4%	$180.63	+3.7%	COM	969904101
NEE	NEXTERA ENERGY INC	2,517,732 (+6.8%)	$202,124 (+13.6%)	2.4%	$67.04	+23.1%	COM	65339F101
NTAP	NETAPP INC	589,450 (+70.9%)	$63,124 (+54.5%)	0.7%	$83.62	+35.9%	COM	64110D104
PEG	PUBLIC SVC ENTERPRISE GRP IN	2,225,250 (+17.3%)	$178,688 (+12.8%)	2.1%	$81.65	-0.7%	COM	744573106
AZO	AUTOZONE INC	24,102 (+1.7%)	$81,742 (-19.6%)	1.0%	$1273.39	+196.7%	COM	053332102
AAPL	APPLE INC	753,452 (+3.7%)	$204,833 (+10.7%)	2.4%	$171.50	+56.5%	COM	037833100
V	VISA INC	625,439 (+6.5%)	$219,348 (+9.4%)	2.6%	$262.58	+29.6%	COM CL A	92826C839
ORLY	OREILLY AUTOMOTIVE INC	1,259,751 (+4.2%)	$114,902 (-11.8%)	1.3%	$87.36	+11.8%	COM	67103H107
BMY	BRISTOL-MYERS SQUIBB CO	1,184,400 (+3.9%)	$63,887 (+24.3%)	0.8%	$48.01	-1.0%	COM	110122108
EQIX	EQUINIX INC	224,309 (+9.9%)	$171,857 (+7.5%)	2.0%	$626.28	+24.7%	COM	29444U700
NOW	SERVICENOW INC	1,033,000 (+460.2%)	$158,245 (-6.7%)	1.9%	$163.57	+4.9%	COM	81762P102
TXN	TEXAS INSTRS INC	1,011,211 (+12.4%)	$175,435 (+6.2%)	2.1%	$159.31	+7.2%	COM	882508104
TRMB	TRIMBLE INC	261,800 (+85.3%)	$20,512 (+77.8%)	0.2%	$72.93	+9.3%	COM	896239100
PANW	PALO ALTO NETWORKS INC	1,045,756 (+13.5%)	$192,628 (+2.7%)	2.3%	$174.25	+15.8%	COM	697435105
HPQ	HP INC	1,759,515 (+10.0%)	$39,202 (-10.0%)	0.5%	$22.71	+11.2%	COM	40434L105
LNG	CHENIERE ENERGY INC	919,500 (+18.3%)	$178,742 (-2.1%)	2.1%	$194.25	+8.1%	COM NEW	16411R208
MA	MASTERCARD INCORPORATED	334,260 (+1.4%)	$190,822 (+1.8%)	2.2%	$562.77	-0.7%	CL A	57636Q104
BR	BROADRIDGE FINL SOLUTIONS IN	17,700 (+98.9%)	$3,950 (+86.4%)	0.0%	$230.04	-1.2%	COM	11133T103
BKNG	BOOKING HOLDINGS INC	13,972 (+1.8%)	$74,825 (+1.0%)	0.9%	$2987.58	+72.0%	COM	09857L108

Exited Positions (15)

PG PROCTER AND GAMBLE CO 1.1%

Value ($000) $94,264 Shares 613,499 Est. Cost $94.71 Unrealized +55.4%

HD HOME DEPOT INC 0.6%

Value ($000) $52,252 Shares 128,958 Est. Cost $234.88 Unrealized +55.2%

LOW LOWES COS INC 0.4%

Value ($000) $34,551 Shares 137,483 Est. Cost $164.97 Unrealized +45.4%

MCD MCDONALDS CORP 0.4%

Value ($000) $32,942 Shares 108,400 Est. Cost $299.49 Unrealized +1.9%

ADP AUTOMATIC DATA PROCESSING IN 0.4%

Value ($000) $32,461 Shares 110,600 Est. Cost $239.78 Unrealized +10.4%

PFE PFIZER INC 0.3%

Value ($000) $29,264 Shares 1,148,500 Est. Cost $22.53 Unrealized +11.1%

CHD CHURCH & DWIGHT CO INC 0.3%

Value ($000) $28,629 Shares 326,699 Est. Cost $65.65 Unrealized +29.9%

KMB KIMBERLY-CLARK CORP 0.3%

Value ($000) $28,151 Shares 226,401 Est. Cost $114.07 Unrealized -5.0%

RSG REPUBLIC SVCS INC 0.2%

Value ($000) $16,045 Shares 69,921 Est. Cost $95.45 Unrealized +124.8%

PAYX PAYCHEX INC 0.2%

Value ($000) $13,543 Shares 106,837 Est. Cost $72.71 Unrealized +60.3%

ACI ALBERTSONS COS INC 0.2%

Value ($000) $13,448 Shares 768,000 Est. Cost $19.32 Unrealized -8.7%

MAS MASCO CORP 0.1%

Value ($000) $8,000 Shares 113,650 Est. Cost $41.74 Unrealized +55.1%

LII LENNOX INTL INC 0.1%

Value ($000) $5,206 Shares 9,834 Est. Cost $587.85 Unrealized -15.0%

TMUS T-MOBILE US INC 0.0%

Value ($000) $3,232 Shares 13,500 Est. Cost $243.03 Unrealized -13.0%

CRWD CROWDSTRIKE HLDGS INC 0.0%

Value ($000) $1,078 Shares 2,198 Est. Cost $183.21 Unrealized +177.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PG	PROCTER AND GAMBLE CO	613,499	$94,264	1.1%	$94.71	+55.4%	—	742718109
HD	HOME DEPOT INC	128,958	$52,252	0.6%	$234.88	+55.2%	—	437076102
LOW	LOWES COS INC	137,483	$34,551	0.4%	$164.97	+45.4%	—	548661107
MCD	MCDONALDS CORP	108,400	$32,942	0.4%	$299.49	+1.9%	—	580135101
ADP	AUTOMATIC DATA PROCESSING IN	110,600	$32,461	0.4%	$239.78	+10.4%	—	053015103
PFE	PFIZER INC	1,148,500	$29,264	0.3%	$22.53	+11.1%	—	717081103
CHD	CHURCH & DWIGHT CO INC	326,699	$28,629	0.3%	$65.65	+29.9%	—	171340102
KMB	KIMBERLY-CLARK CORP	226,401	$28,151	0.3%	$114.07	-5.0%	—	494368103
RSG	REPUBLIC SVCS INC	69,921	$16,045	0.2%	$95.45	+124.8%	—	760759100
PAYX	PAYCHEX INC	106,837	$13,543	0.2%	$72.71	+60.3%	—	704326107
ACI	ALBERTSONS COS INC	768,000	$13,448	0.2%	$19.32	-8.7%	—	013091103
MAS	MASCO CORP	113,650	$8,000	0.1%	$41.74	+55.1%	—	574599106
LII	LENNOX INTL INC	9,834	$5,206	0.1%	$587.85	-15.0%	—	526107107
TMUS	T-MOBILE US INC	13,500	$3,232	0.0%	$243.03	-13.0%	—	872590104
CRWD	CROWDSTRIKE HLDGS INC	2,198	$1,078	0.0%	$183.21	+177.9%	—	22788C105

Decreased Positions (10)

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $3,696 (-95.6%) Shares 23,040 (-95.5%) Est. Cost $86.40 Unrealized +77.7%

KR KROGER CO 0.0%

Value ($000) $2,319 (-95.7%) Shares 37,110 (-95.4%) Est. Cost $35.15 Unrealized +85.5%

CL COLGATE PALMOLIVE CO 0.2%

Value ($000) $14,137 (-77.7%) Shares 178,909 (-77.4%) Est. Cost $60.27 Unrealized +29.9%

JNJ JOHNSON & JOHNSON 1.8%

Value ($000) $149,715 (-23.2%) Shares 723,436 (-31.2%) Est. Cost $142.36 Unrealized +38.4%

MO ALTRIA GROUP INC 1.0%

Value ($000) $84,576 (-25.3%) Shares 1,466,800 (-14.5%) Est. Cost $32.57 Unrealized +82.3%

MRK MERCK & CO INC 1.4%

Value ($000) $121,577 (+23.5%) Shares 1,155,015 (-1.5%) Est. Cost $71.64 Unrealized +30.2%

GILD GILEAD SCIENCES INC 2.0%

Value ($000) $171,746 (+9.3%) Shares 1,399,265 (-1.2%) Est. Cost $61.05 Unrealized +98.0%

MSI MOTOROLA SOLUTIONS INC 0.4%

Value ($000) $37,473 (-19.2%) Shares 97,760 (-3.6%) Est. Cost $254.22 Unrealized +57.7%

BSX BOSTON SCIENTIFIC CORP 0.3%

Value ($000) $24,781 (-7.4%) Shares 259,900 (-5.2%) Est. Cost $65.41 Unrealized +49.9%

ROL ROLLINS INC 0.5%

Value ($000) $43,672 (-1.4%) Shares 727,617 (-3.5%) Est. Cost $33.90 Unrealized +73.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PM	PHILIP MORRIS INTL INC	23,040 (-95.5%)	$3,696 (-95.6%)	0.0%	$86.40	+77.7%	COM	718172109
KR	KROGER CO	37,110 (-95.4%)	$2,319 (-95.7%)	0.0%	$35.15	+85.5%	COM	501044101
CL	COLGATE PALMOLIVE CO	178,909 (-77.4%)	$14,137 (-77.7%)	0.2%	$60.27	+29.9%	COM	194162103
JNJ	JOHNSON & JOHNSON	723,436 (-31.2%)	$149,715 (-23.2%)	1.8%	$142.36	+38.4%	COM	478160104
MO	ALTRIA GROUP INC	1,466,800 (-14.5%)	$84,576 (-25.3%)	1.0%	$32.57	+82.3%	COM	02209S103
MRK	MERCK & CO INC	1,155,015 (-1.5%)	$121,577 (+23.5%)	1.4%	$71.64	+30.2%	COM	58933Y105
GILD	GILEAD SCIENCES INC	1,399,265 (-1.2%)	$171,746 (+9.3%)	2.0%	$61.05	+98.0%	COM	375558103
MSI	MOTOROLA SOLUTIONS INC	97,760 (-3.6%)	$37,473 (-19.2%)	0.4%	$254.22	+57.7%	COM NEW	620076307
BSX	BOSTON SCIENTIFIC CORP	259,900 (-5.2%)	$24,781 (-7.4%)	0.3%	$65.41	+49.9%	COM	101137107
ROL	ROLLINS INC	727,617 (-3.5%)	$43,672 (-1.4%)	0.5%	$33.90	+73.1%	COM	775711104

Unchanged Positions (55)

DHR DANAHER CORPORATION 1.9%

Value ($000) $157,932 Shares 689,899 Est. Cost $176.37 Unrealized +24.5%

FAST FASTENAL CO 0.9%

Value ($000) $75,633 Shares 1,884,710 Est. Cost $28.34 Unrealized +48.3%

CSCO CISCO SYS INC 1.2%

Value ($000) $99,267 Shares 1,288,676 Est. Cost $41.86 Unrealized +76.3%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.5%

Value ($000) $44,984 Shares 541,980 Est. Cost $62.36 Unrealized +19.7%

MCK MCKESSON CORP 1.2%

Value ($000) $103,457 Shares 126,122 Est. Cost $189.62 Unrealized +330.1%

AMGN AMGEN INC 0.4%

Value ($000) $31,520 Shares 96,300 Est. Cost $220.49 Unrealized +43.3%

HCA HCA HEALTHCARE INC 0.6%

Value ($000) $49,845 Shares 106,767 Est. Cost $188.97 Unrealized +145.4%

CHKP CHECK POINT SOFTWARE TECH LT 0.4%

Value ($000) $30,864 Shares 166,329 Est. Cost $115.62 Unrealized +67.2%

GWW WW GRAINGER INC 0.7%

Value ($000) $63,659 Shares 63,088 Est. Cost $354.95 Unrealized +173.0%

CTAS CINTAS CORP 0.5%

Value ($000) $38,347 Shares 203,896 Est. Cost $166.85 Unrealized +12.8%

WMT WALMART INC 0.5%

Value ($000) $43,465 Shares 390,139 Est. Cost $51.64 Unrealized +107.6%

TJX TJX COS INC NEW 0.6%

Value ($000) $47,005 Shares 306,000 Est. Cost $89.22 Unrealized +65.5%

VZ VERIZON COMMUNICATIONS INC 0.4%

Value ($000) $32,869 Shares 807,000 Est. Cost $31.91 Unrealized +26.9%

IBM INTERNATIONAL BUSINESS MACHS 0.5%

Value ($000) $44,935 Shares 151,700 Est. Cost $186.93 Unrealized +59.8%

ROP ROPER TECHNOLOGIES INC 0.2%

Value ($000) $16,870 Shares 37,900 Est. Cost $534.08 Unrealized -13.5%

EXPD EXPEDITORS INTL WASH INC 0.1%

Value ($000) $11,295 Shares 75,800 Est. Cost $94.04 Unrealized +44.2%

CF CF INDS HLDGS INC 0.1%

Value ($000) $12,382 Shares 160,100 Est. Cost $83.96 Unrealized -2.4%

ACN ACCENTURE PLC IRELAND 0.3%

Value ($000) $24,207 Shares 90,225 Est. Cost $182.55 Unrealized +39.2%

OTIS OTIS WORLDWIDE CORP 0.5%

Value ($000) $41,063 Shares 470,100 Est. Cost $65.66 Unrealized +35.9%

FFIV F5 INC 0.1%

Value ($000) $6,721 Shares 26,330 Est. Cost $237.17 Unrealized +13.4%

VRSK VERISK ANALYTICS INC 0.2%

Value ($000) $13,735 Shares 61,400 Est. Cost $274.36 Unrealized -17.9%

TT TRANE TECHNOLOGIES PLC 0.2%

Value ($000) $17,514 Shares 45,000 Est. Cost $341.64 Unrealized +21.1%

VRSN VERISIGN INC 0.1%

Value ($000) $9,767 Shares 40,200 Est. Cost $208.56 Unrealized +20.3%

UHS UNIVERSAL HLTH SVCS INC 0.2%

Value ($000) $21,083 Shares 96,700 Est. Cost $201.81 Unrealized +9.5%

ABBV ABBVIE INC 2.3%

Value ($000) $196,444 Shares 859,749 Est. Cost $115.28 Unrealized +97.4%

ITW ILLINOIS TOOL WKS INC 0.2%

Value ($000) $21,123 Shares 85,763 Est. Cost $191.38 Unrealized +29.4%

CMCSA COMCAST CORP NEW 0.3%

Value ($000) $23,688 Shares 792,500 Est. Cost $30.30 Unrealized -5.8%

HOLX HOLOGIC INC 0.1%

Value ($000) $11,710 Shares 157,200 Est. Cost $70.70 Unrealized +3.3%

HLT HILTON WORLDWIDE HLDGS INC 0.1%

Value ($000) $11,030 Shares 38,400 Est. Cost $246.95 Unrealized +10.2%

RPM RPM INTL INC 0.1%

Value ($000) $7,301 Shares 70,200 Est. Cost $99.56 Unrealized +8.7%

IT GARTNER INC 0.3%

Value ($000) $23,053 Shares 91,378 Est. Cost $282.58 Unrealized -14.8%

EME EMCOR GROUP INC 0.2%

Value ($000) $14,414 Shares 23,561 Est. Cost $413.34 Unrealized +56.7%

GEN GEN DIGITAL INC 0.2%

Value ($000) $18,084 Shares 665,100 Est. Cost $26.65 Unrealized +0.7%

CMI CUMMINS INC 0.1%

Value ($000) $4,543 Shares 8,900 Est. Cost $299.20 Unrealized +55.9%

VLTO VERALTO CORP 0.1%

Value ($000) $11,076 Shares 111,000 Est. Cost $81.99 Unrealized +23.2%

SYK STRYKER CORPORATION 0.2%

Value ($000) $13,567 Shares 38,600 Est. Cost $339.58 Unrealized +7.0%

ABT ABBOTT LABS 0.1%

Value ($000) $9,359 Shares 74,700 Est. Cost $112.96 Unrealized +12.7%

AME AMETEK INC 0.1%

Value ($000) $7,365 Shares 35,872 Est. Cost $129.04 Unrealized +50.6%

MNST MONSTER BEVERAGE CORP NEW 0.1%

Value ($000) $4,961 Shares 64,700 Est. Cost $62.42 Unrealized +14.8%

INTU INTUIT 0.2%

Value ($000) $18,680 Shares 28,200 Est. Cost $634.75 Unrealized +4.1%

FNF FIDELITY NATIONAL FINANCIAL 0.1%

Value ($000) $5,241 Shares 96,000 Est. Cost $56.05 Unrealized -2.3%

GDDY GODADDY INC 0.1%

Value ($000) $5,472 Shares 44,100 Est. Cost $149.90 Unrealized -13.7%

ROST ROSS STORES INC 0.0%

Value ($000) $3,297 Shares 18,300 Est. Cost $141.78 Unrealized +17.5%

BK BANK NEW YORK MELLON CORP 0.1%

Value ($000) $8,161 Shares 70,300 Est. Cost $64.03 Unrealized +72.6%

PTC PTC INC 0.0%

Value ($000) $2,687 Shares 15,426 Est. Cost $178.07 Unrealized +4.4%

L LOEWS CORP 0.1%

Value ($000) $7,951 Shares 75,500 Est. Cost $84.08 Unrealized +22.8%

RMD RESMED INC 0.0%

Value ($000) $2,314 Shares 9,605 Est. Cost $262.07 Unrealized -2.5%

TRV TRAVELERS COMPANIES INC 0.1%

Value ($000) $5,221 Shares 18,000 Est. Cost $245.20 Unrealized +14.4%

EA ELECTRONIC ARTS INC 0.2%

Value ($000) $13,752 Shares 67,301 Est. Cost $114.60 Unrealized +76.0%

DPZ DOMINOS PIZZA INC 0.0%

Value ($000) $4,043 Shares 9,700 Est. Cost $422.30 Unrealized -1.6%

SNA SNAP ON INC 0.3%

Value ($000) $22,433 Shares 65,100 Est. Cost $171.83 Unrealized +98.2%

YUM YUM BRANDS INC 0.2%

Value ($000) $14,311 Shares 94,600 Est. Cost $136.18 Unrealized +8.4%

DECK DECKERS OUTDOOR CORP 0.0%

Value ($000) $2,333 Shares 22,500 Est. Cost $147.75 Unrealized -36.6%

ADBE ADOBE INC 0.1%

Value ($000) $5,390 Shares 15,400 Est. Cost $553.07 Unrealized -38.5%

MDT MEDTRONIC PLC 0.1%

Value ($000) $4,342 Shares 45,200 Est. Cost $84.00 Unrealized +15.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DHR	DANAHER CORPORATION	689,899	$157,932	1.9%	$176.37	+24.5%	COM	235851102
FAST	FASTENAL CO	1,884,710	$75,633	0.9%	$28.34	+48.3%	COM	311900104
CSCO	CISCO SYS INC	1,288,676	$99,267	1.2%	$41.86	+76.3%	COM	17275R102
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	541,980	$44,984	0.5%	$62.36	+19.7%	CL A	192446102
MCK	MCKESSON CORP	126,122	$103,457	1.2%	$189.62	+330.1%	COM	58155Q103
AMGN	AMGEN INC	96,300	$31,520	0.4%	$220.49	+43.3%	COM	031162100
HCA	HCA HEALTHCARE INC	106,767	$49,845	0.6%	$188.97	+145.4%	COM	40412C101
CHKP	CHECK POINT SOFTWARE TECH LT	166,329	$30,864	0.4%	$115.62	+67.2%	ORD	M22465104
GWW	WW GRAINGER INC	63,088	$63,659	0.7%	$354.95	+173.0%	COM	384802104
CTAS	CINTAS CORP	203,896	$38,347	0.5%	$166.85	+12.8%	COM	172908105
WMT	WALMART INC	390,139	$43,465	0.5%	$51.64	+107.6%	COM	931142103
TJX	TJX COS INC NEW	306,000	$47,005	0.6%	$89.22	+65.5%	COM	872540109
VZ	VERIZON COMMUNICATIONS INC	807,000	$32,869	0.4%	$31.91	+26.9%	COM	92343V104
IBM	INTERNATIONAL BUSINESS MACHS	151,700	$44,935	0.5%	$186.93	+59.8%	COM	459200101
ROP	ROPER TECHNOLOGIES INC	37,900	$16,870	0.2%	$534.08	-13.5%	COM	776696106
EXPD	EXPEDITORS INTL WASH INC	75,800	$11,295	0.1%	$94.04	+44.2%	COM	302130109
CF	CF INDS HLDGS INC	160,100	$12,382	0.1%	$83.96	-2.4%	COM	125269100
ACN	ACCENTURE PLC IRELAND	90,225	$24,207	0.3%	$182.55	+39.2%	SHS CLASS A	G1151C101
OTIS	OTIS WORLDWIDE CORP	470,100	$41,063	0.5%	$65.66	+35.9%	COM	68902V107
FFIV	F5 INC	26,330	$6,721	0.1%	$237.17	+13.4%	COM	315616102
VRSK	VERISK ANALYTICS INC	61,400	$13,735	0.2%	$274.36	-17.9%	COM	92345Y106
TT	TRANE TECHNOLOGIES PLC	45,000	$17,514	0.2%	$341.64	+21.1%	SHS	G8994E103
VRSN	VERISIGN INC	40,200	$9,767	0.1%	$208.56	+20.3%	COM	92343E102
UHS	UNIVERSAL HLTH SVCS INC	96,700	$21,083	0.2%	$201.81	+9.5%	CL B	913903100
ABBV	ABBVIE INC	859,749	$196,444	2.3%	$115.28	+97.4%	COM	00287Y109
ITW	ILLINOIS TOOL WKS INC	85,763	$21,123	0.2%	$191.38	+29.4%	COM	452308109
CMCSA	COMCAST CORP NEW	792,500	$23,688	0.3%	$30.30	-5.8%	CL A	20030N101
HOLX	HOLOGIC INC	157,200	$11,710	0.1%	$70.70	+3.3%	COM	436440101
HLT	HILTON WORLDWIDE HLDGS INC	38,400	$11,030	0.1%	$246.95	+10.2%	COM	43300A203
RPM	RPM INTL INC	70,200	$7,301	0.1%	$99.56	+8.7%	COM	749685103
IT	GARTNER INC	91,378	$23,053	0.3%	$282.58	-14.8%	COM	366651107
EME	EMCOR GROUP INC	23,561	$14,414	0.2%	$413.34	+56.7%	COM	29084Q100
GEN	GEN DIGITAL INC	665,100	$18,084	0.2%	$26.65	+0.7%	COM	668771108
CMI	CUMMINS INC	8,900	$4,543	0.1%	$299.20	+55.9%	COM	231021106
VLTO	VERALTO CORP	111,000	$11,076	0.1%	$81.99	+23.2%	COM SHS	92338C103
SYK	STRYKER CORPORATION	38,600	$13,567	0.2%	$339.58	+7.0%	COM	863667101
ABT	ABBOTT LABS	74,700	$9,359	0.1%	$112.96	+12.7%	COM	002824100
AME	AMETEK INC	35,872	$7,365	0.1%	$129.04	+50.6%	COM	031100100
MNST	MONSTER BEVERAGE CORP NEW	64,700	$4,961	0.1%	$62.42	+14.8%	COM	61174X109
INTU	INTUIT	28,200	$18,680	0.2%	$634.75	+4.1%	COM	461202103
FNF	FIDELITY NATIONAL FINANCIAL	96,000	$5,241	0.1%	$56.05	-2.3%	COM SHS	31620R303
GDDY	GODADDY INC	44,100	$5,472	0.1%	$149.90	-13.7%	CL A	380237107
ROST	ROSS STORES INC	18,300	$3,297	0.0%	$141.78	+17.5%	COM	778296103
BK	BANK NEW YORK MELLON CORP	70,300	$8,161	0.1%	$64.03	+72.6%	COM	064058100
PTC	PTC INC	15,426	$2,687	0.0%	$178.07	+4.4%	COM	69370C100
L	LOEWS CORP	75,500	$7,951	0.1%	$84.08	+22.8%	COM	540424108
RMD	RESMED INC	9,605	$2,314	0.0%	$262.07	-2.5%	COM	761152107
TRV	TRAVELERS COMPANIES INC	18,000	$5,221	0.1%	$245.20	+14.4%	COM	89417E109
EA	ELECTRONIC ARTS INC	67,301	$13,752	0.2%	$114.60	+76.0%	COM	285512109
DPZ	DOMINOS PIZZA INC	9,700	$4,043	0.0%	$422.30	-1.6%	COM	25754A201
SNA	SNAP ON INC	65,100	$22,433	0.3%	$171.83	+98.2%	COM	833034101
YUM	YUM BRANDS INC	94,600	$14,311	0.2%	$136.18	+8.4%	COM	988498101
DECK	DECKERS OUTDOOR CORP	22,500	$2,333	0.0%	$147.75	-36.6%	COM	243537107
ADBE	ADOBE INC	15,400	$5,390	0.1%	$553.07	-38.5%	COM	00724F101
MDT	MEDTRONIC PLC	45,200	$4,342	0.1%	$84.00	+15.6%	SHS	G5960L103