Dark
Light
System
Institutional Investment Manager
B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund
B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund (CIK: 0001536262), located at 17th Floor, London, X0. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 208 holdings with a total value of $993,938,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 REPUBLIC SVCS INC 37,613 1,792,000 0.18%
152 SCHWAB CHARLES CORP 61,776 1,731,000 0.17%
153 UNUM GROUP 54,715 1,692,000 0.17%
154 HUNT J B TRANS SVCS INC 19,873 1,674,000 0.17%
155 MOSAIC CO NEW 61,803 1,669,000 0.17%
156 BLACKROCK INC 4,786 1,630,000 0.16%
157 PVH CORPORATION 16,327 1,617,000 0.16%
158 HESS CORP 30,623 1,612,000 0.16%
159 WHIRLPOOL CORP 8,825 1,592,000 0.16%
160 ROSS STORES INC 27,000 1,563,000 0.16%
161 KEYCORP 141,201 1,559,000 0.16%
162 ACTIVISION BLIZZARD INC 45,223 1,530,000 0.15%
163 SALESFORCE COM INC 20,452 1,510,000 0.15%
164 MANPOWERGROUP INC 18,268 1,487,000 0.15%
165 NETFLIX INC 14,549 1,487,000 0.15%
166 FOOT LOCKER INC 22,623 1,459,000 0.15%
167 AMETEK INC NEW 28,723 1,436,000 0.14%
168 Alcoa 149,104 1,428,000 0.14%
169 HARLEY DAVIDSON INC 27,634 1,418,000 0.14%
170 BOEING CO 10,972 1,393,000 0.14%
171 CROWN CASTLE INTL CORP NEW 15,733 1,361,000 0.14%
172 FLUOR CORP NEW 24,363 1,308,000 0.13%
173 COMERICA INC 33,950 1,286,000 0.13%
174 CONCHO RESOURCES 12,593 1,272,000 0.13%
175 BUNGE LIMITED 20,127 1,141,000 0.11%
176 YAHOO INC 31,000 1,141,000 0.11%
177 NOBLE ENERGY INC 36,105 1,134,000 0.11%
178 BORGWARNER INC 28,153 1,081,000 0.11%
179 ALIBABA GROUP HLDG LTD 13,300 1,051,000 0.11%
180 EDGEWELL PERS CARE CO 11,943 962,000 0.10%
181 FREEPORT-MCMORAN INC 87,408 904,000 0.09%
182 CREDICORP LTD 6,800 891,000 0.09%
183 LILLY ELI & CO 11,238 809,000 0.08%
184 NETEASE INC 5,600 804,000 0.08%
185 CTRIP COM INTL LTD 17,500 775,000 0.08%
186 ABBOTT LABS 18,263 764,000 0.08%
187 HOLLYFRONTIER CORP 20,637 729,000 0.07%
188 OUTFRONT MEDIA INC 32,789 692,000 0.07%
189 NATIONAL OILWELL VARCO INC 20,404 635,000 0.06%
190 NABORS INDUSTRIES LTD 67,778 624,000 0.06%
191 OCCIDENTAL PETE CORP DEL 8,232 563,000 0.06%
192 QIHOO 360 TECHNOLOGY CO LTD 7,200 544,000 0.05%
193 SOUTHERN COPPER CORP 19,500 540,000 0.05%
194 BAKER HUGHES INC 11,993 526,000 0.05%
195 MOBILE TELESYSTEMS PJSC 62,500 506,000 0.05%
196 ENERGIZER HLDGS INC NEW COM 11,943 484,000 0.05%
197 PAYPAL HLDGS INC 12,007 463,000 0.05%
198 CHESAPEAKE ENERGY CORP 105,900 436,000 0.04%
199 COBALT INTL ENERGY INC 103,505 307,000 0.03%
200 COMPANIA DE MINAS BUENAVENTU 36,500 269,000 0.03%
Page 4 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001536262-16-000022, filed 2016.05.20).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.