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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 (2017Q1)
Portfolio Summary: 112 holdings with a total value of $3,320,139,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 INGERSOLL-RAND PLC 337,607 27,440,000 0.83%
52 TE CONNECTIVITY LTD 368,875 27,485,000 0.83%
53 AMPHENOL CORP NEW 386,868 27,519,000 0.83%
54 PHILIP MORRIS INTL INC 244,485 27,588,000 0.83%
55 VALERO ENERGY CORP NEW 430,237 28,506,000 0.86%
56 HOME DEPOT INC 194,466 28,539,000 0.86%
57 MARTIN MARIETTA MATLS INC 135,351 29,525,000 0.89%
58 APPLIED MATLS INC 774,943 30,130,000 0.91%
59 SVB FINANCIAL GROUP 162,373 30,200,000 0.91%
60 LEAR CORP 216,695 30,664,000 0.92%
61 DIAMONDBACK ENERGY INC 298,070 30,898,000 0.93%
62 CATERPILLAR INC 333,349 30,905,000 0.93%
63 VERIZON COMMUNICATIONS INC 634,523 30,917,000 0.93%
64 SOUTHERN CO 625,922 31,142,000 0.94%
65 PACKAGING CORP AMER 344,157 31,515,000 0.95%
66 RAYMOND JAMES FINANC 414,762 31,613,000 0.95%
67 FEDEX CORP 163,008 31,794,000 0.96%
68 WAL-MART STORES INC 451,261 32,510,000 0.98%
69 CITIZENS FINL GROUP INC 943,348 32,576,000 0.98%
70 BIOGEN INC 120,049 32,807,000 0.99%
71 PINNACLE WEST 407,563 33,965,000 1.02%
72 PACCAR INC 507,621 34,094,000 1.03%
73 MICROCHIP TECHNOLOGY 467,697 34,489,000 1.04%
74 CORNING INC 1,290,213 34,818,000 1.05%
75 NORFOLK SOUTHERN CORP 312,435 34,965,000 1.05%
76 WASTE CONNECTIONS INC 397,660 35,063,000 1.06%
77 EVERSOURCE ENERGY 597,781 35,119,000 1.06%
78 MOHAWK INDS 158,819 36,428,000 1.10%
79 EXELON CORP 1,025,000 36,860,000 1.11%
80 WEYERHAEUSER CO 1,091,397 37,066,000 1.12%
81 SCHWAB CHARLES CORP 936,670 38,206,000 1.15%
82 BANK NEW YORK MELLON CORP 818,890 38,656,000 1.16%
83 AT&T INC 952,174 39,542,000 1.19%
84 BECTON DICKINSON & CO 215,805 39,567,000 1.19%
85 ALPHABET INC 47,834 39,661,000 1.19%
86 KRAFT HEINZ CO 439,960 39,932,000 1.20%
87 DUKE ENERGY CORP NEW 493,406 40,443,000 1.22%
88 WELLS FARGO & CO NEW 752,439 41,859,000 1.26%
89 DANAHER CORP DEL 495,253 42,337,000 1.28%
90 COMCAST CORP NEW 1,163,051 43,696,000 1.32%
91 BROADCOM LTD 205,961 45,074,000 1.36%
92 DOW CHEM CO 711,161 45,164,000 1.36%
93 UNION PAC CORP 432,337 45,769,000 1.38%
94 CELGENE CORP 379,490 47,195,000 1.42%
95 BANK AMER CORP 2,079,495 49,030,000 1.48%
96 FACEBOOK INC 351,282 49,874,000 1.50%
97 BOEING CO 282,482 49,934,000 1.50%
98 ALTRIA GROUP INC 729,199 52,052,000 1.57%
99 ALIBABA GROUP HLDG LTD 483,896 52,151,000 1.57%
100 PROCTER AND GAMBLE CO 586,640 52,682,000 1.59%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001536558-17-000003, filed 2017.05.02).

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.