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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 (2016Q4)
Portfolio Summary: 207 holdings with a total value of $792,886,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 CALIFORNIA RES CORP 52 1,000 0.00%
2 ADVANSIX INC 1,030 23,000 0.00%
3 MOTOROLA SOLUTIONS INC 295 24,000 0.00%
4 SHIRE PLC 249 42,000 0.01%
5 DR PEPPER SNAPPLE GROUP INC 2,787 253,000 0.03%
6 DELL TECHNOLOGIES INC 4,754 261,000 0.03%
7 ALCOA CORP 9,426 265,000 0.03%
8 PAYPAL HLDGS INC 6,831 270,000 0.03%
9 OCCIDENTAL PETE CORP DEL 4,683 334,000 0.04%
10 CIGNA CORPORATION 2,512 335,000 0.04%
11 HOLLYFRONTIER CORP 11,743 385,000 0.05%
12 ABBOTT LABS 10,391 399,000 0.05%
13 CHESAPEAKE ENERGY CORP 60,253 423,000 0.05%
14 TRIMBLE INC 15,134 456,000 0.06%
15 COOPER COS INC 2,641 462,000 0.06%
16 CME GROUP INC 4,241 489,000 0.06%
17 ARCONIC INC 28,278 524,000 0.07%
18 SOUTHWESTERN ENERGY CO 55,889 605,000 0.08%
19 YUM CHINA HLDGS INC 24,100 629,000 0.08%
20 BORGWARNER INC 16,018 632,000 0.08%
21 DAVITA INC 9,957 639,000 0.08%
22 HUMANA INC 3,173 647,000 0.08%
23 FREEPORT-MCMORAN INC 49,732 656,000 0.08%
24 SPROUTS FMRS MKT INC 35,148 665,000 0.08%
25 BECTON DICKINSON & CO 4,097 678,000 0.09%
26 YAHOO INC 17,638 682,000 0.09%
27 FLUOR CORP NEW 13,862 728,000 0.09%
28 CROWN CASTLE INTL CORP NEW 8,950 777,000 0.10%
29 NOBLE ENERGY INC 20,543 782,000 0.10%
30 AMETEK INC NEW 16,342 794,000 0.10%
31 SALESFORCE COM INC 11,636 797,000 0.10%
32 MARVELL TECHNOLOGY GROUP LTD 58,822 816,000 0.10%
33 NIKE INC 16,500 839,000 0.11%
34 RANGE RES CORP 26,392 907,000 0.11%
35 WHIRLPOOL CORP 5,022 913,000 0.12%
36 MANPOWERGROUP INC 10,393 924,000 0.12%
37 ACTIVISION BLIZZARD INC 25,731 929,000 0.12%
38 TRIPADVISOR INC 21,472 996,000 0.13%
39 RESMED INC 16,407 1,018,000 0.13%
40 MOSAIC CO NEW 35,163 1,031,000 0.13%
41 BLACKROCK INC 2,724 1,037,000 0.13%
42 MATTEL INC 38,597 1,063,000 0.13%
43 BAXTER INTL INC 24,216 1,074,000 0.14%
44 HESS CORP 17,423 1,085,000 0.14%
45 ALLY FINL INC 58,667 1,116,000 0.14%
46 CARNIVAL CORP 21,917 1,141,000 0.14%
47 MEAD JOHNSON NUTRITI 16,661 1,179,000 0.15%
48 NORFOLK SOUTHERN CORP 11,000 1,189,000 0.15%
49 MORGAN STANLEY 28,416 1,201,000 0.15%
50 DELTA AIRLINES INC DEL 24,554 1,208,000 0.15%
Page 1 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001536262-17-000001, filed 2017.02.16).

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.