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Institutional Investment Manager
British Airways Pensions Investment Management Ltd
British Airways Pensions Investment Management Ltd (CIK: 0001536558), located at Met Building, London, X0. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q3)
Portfolio Summary: 125 holdings with a total value of $2,940,056,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 LEAR CORP 216,743 23,578,000 0.80%
52 MID AMER APT CMNTYS INC 287,310 23,523,000 0.80%
53 PEPSICO INC 248,582 23,442,000 0.80%
54 MOHAWK INDS 127,150 23,115,000 0.79%
55 TRANSDIGM GROUP INC 106,157 22,550,000 0.77%
56 LABORATORY CORP AMER HLDGS 206,090 22,355,000 0.76%
57 CONCHO RESOURCES 223,670 21,987,000 0.75%
58 WABTEC CORP 236,900 20,860,000 0.71%
59 STRYKER CORP 219,325 20,639,000 0.70%
60 EXPEDITORS INTL WASH INC 435,560 20,494,000 0.70%
61 DEUTSCHE BANK AG 760,832 20,443,000 0.70%
62 NXP SEMICONDUCTORS N V 226,210 19,697,000 0.67%
63 FEDEX CORP 136,680 19,680,000 0.67%
64 JOHNSON CTLS INTL PLC 461,890 19,104,000 0.65%
65 CROWN CASTLE INTL CORP NEW 239,790 18,913,000 0.64%
66 UNITEDHEALTH GROUP INC 162,490 18,851,000 0.64%
67 ALLERGAN PLC 67,680 18,397,000 0.63%
68 ROSS STORES INC 377,592 18,302,000 0.62%
69 CVS HEALTH CORP 189,010 18,236,000 0.62%
70 EATON CORP PLC 349,840 17,947,000 0.61%
71 AMGEN INC 128,690 17,801,000 0.61%
72 PPG INDS INC 200,862 17,614,000 0.60%
73 VCA INCORPORATED 331,860 17,473,000 0.59%
74 DOLLAR TREE INC 261,690 17,445,000 0.59%
75 HCA HOLDINGS INC 225,153 17,418,000 0.59%
76 BRISTOL MYERS SQUIBB CO 283,150 16,763,000 0.57%
77 HENRY SCHEIN INC 123,240 16,357,000 0.56%
78 TRACTOR SUPPLY CO 193,760 16,338,000 0.56%
79 ZIMMER BIOMET HLDGS INC 172,450 16,199,000 0.55%
80 MICROCHIP TECHNOLOGY 373,560 16,097,000 0.55%
81 MCDONALDS CORP 161,990 15,961,000 0.54%
82 INGERSOLL-RAND PLC 307,610 15,618,000 0.53%
83 MASCO CORP 611,350 15,394,000 0.52%
84 ULTA BEAUTY INC 94,177 15,384,000 0.52%
85 AVERY DENNISON CORP 266,020 15,049,000 0.51%
86 RYDER SYS INC 202,603 15,001,000 0.51%
87 ULTIMATE SOFTWARE GROUP INCORPORATED 83,500 14,948,000 0.51%
88 BRINKER INTL INC 282,370 14,873,000 0.51%
89 BOEING CO 111,300 14,575,000 0.50%
90 PALO ALTO NETWORKS INC 82,625 14,212,000 0.48%
91 LILLY ELI & CO 167,880 14,050,000 0.48%
92 SERVICE CORP INTL 507,216 13,746,000 0.47%
93 EAST WEST BANCORP INC 355,593 13,662,000 0.46%
94 NUVASIVE INC 271,892 13,111,000 0.45%
95 CONTINENTAL RESOURE 449,470 13,022,000 0.44%
96 GOLDMAN SACHS GROUP INC 73,290 12,735,000 0.43%
97 UNITED PARCEL SERVICE INC 118,900 11,735,000 0.40%
98 SERVICENOW INC 144,910 10,064,000 0.34%
99 RANGE RES CORP 298,770 9,597,000 0.33%
100 ISHARES TR 300,000 8,571,000 0.29%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001536558-15-000005, filed 2015.11.03).

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.