RPI

Railway Pension Investments Portfolio holdings

AUM $7.95B Turnover 21.74%
1-Year Est. Return 27.91%
This Fund
S&P 500
This Quarter Est. Return
+19.05%
1 Year Est. Return
+27.91%
3 Year Est. Return
+90.8%
5 Year Est. Return
+114.65%
10 Year Est. Return
–
AUM
$7.95B
AUM Growth
+$930M
Cap. Flow
+$102M
Cap. Flow %
1.28%
Top 10 Hldgs %
38.02%
Holding
115
New
12
Increased
38
Reduced
28
Closed
13
Avg Time Held
3.6 years
Top 10 Avg Time Held
0.6 years
Top 20 Avg Time Held
1.5 years

Top Buys

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$195M
2
ANET icon
Arista Networks
ANET
+$186M
3
BAC icon
Bank of America
BAC
+$185M
4
AAPL icon
Apple
AAPL
+$183M
5
INSM icon
Insmed
INSM
+$73.2M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$160M
2
PANW icon
Palo Alto Networks
PANW
+$158M
3
IDXX icon
Idexx Laboratories
IDXX
+$118M
4
ORLY icon
O'Reilly Automotive
ORLY
+$107M
5
NOW icon
ServiceNow
NOW
+$93.3M

Sector Composition

Rank Sector Weight
1 Technology 45.66%
2 Healthcare 15.1%
3 Financials 7.78%
4 Communication Services 7.2%
5 Consumer Discretionary 6.92%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
NVDA icon
1
NVIDIA
NVDA
$5.34T
$471M 5.93%
2,356,300
+948,600
+67% +$195M
2025 Q3
3 quarters
AAPL icon
2
Apple
AAPL
$5.01T
$382M 4.8%
1,320,786
+638,934
+94% +$183M
2019 Q4
26 quarters
GOOGL icon
3
Alphabet (Google) Class A
GOOGL
$4.25T
$332M 4.17%
929,030
+8,840
+1% +$3.18M
2018 Q4
30 quarters
LRCX icon
4
Lam Research
LRCX
$359B
$327M 4.11%
754,700
-227,500
-23% -$69.1M
2025 Q4
2 quarters
AVGO icon
5
Broadcom
AVGO
$1.65T
$322M 4.05%
852,192
+97,500
+13% +$39.1M
2018 Q4
30 quarters
KLAC icon
6
KLA
KLAC
$233B
$280M 3.51%
926,652
+52,782
+6% +$10.5M
2025 Q3
3 quarters
AMZN icon
7
Amazon
AMZN
$2.74T
$237M 2.98%
996,040
-125,760
-11% -$31.6M
2018 Q4
30 quarters
MSFT icon
8
Microsoft
MSFT
$3.96T
$230M 2.89%
617,170
-396,100
-39% -$160M
2019 Q2
28 quarters
TXN icon
9
Texas Instruments
TXN
$256B
$227M 2.85%
760,371
-221,140
-23% -$61.3M
2018 Q4
30 quarters
V icon
10
Visa
V
$735B
$216M 2.71%
628,679
+68,000
+12% +$21.8M
2018 Q4
30 quarters
ANET icon
11
Arista Networks
ANET
$246B
$201M 2.53%
+1,184,850
New +$186M
2026 Q2
0 quarters
ABBV icon
12
AbbVie
ABBV
$501B
$200M 2.51%
792,949
-7,900
-1% -$1.7M
2018 Q4
30 quarters
BAC icon
13
Bank of America
BAC
$359B
$199M 2.5%
+3,485,400
New +$185M
2026 Q2
0 quarters
META icon
14
Meta Platforms (Facebook)
META
$1.88T
$193M 2.42%
342,200
-57,240
-14% -$35M
2018 Q4
30 quarters
NEE icon
15
NextEra Energy
NEE
$163B
$180M 2.27%
2,056,432
-272,300
-12% -$24.6M
2018 Q4
30 quarters
TMO icon
16
Thermo Fisher Scientific
TMO
$249B
$180M 2.26%
358,970
-49,960
-12% -$24M
2018 Q4
30 quarters
EQIX icon
17
Equinix
EQIX
$98.3B
$171M 2.15%
163,989
-42,480
-21% -$45.5M
2018 Q4
30 quarters
JNJ icon
18
Johnson & Johnson
JNJ
$612B
$165M 2.08%
650,036
– –
2018 Q4
30 quarters
GILD icon
19
Gilead Sciences
GILD
$190B
$164M 2.06%
1,295,596
-7,769
-0.6% -$1.02M
2018 Q4
30 quarters
CEG icon
20
Constellation Energy
CEG
$99B
$154M 1.94%
620,960
-11,800
-2% -$3.32M
2023 Q2
12 quarters
APH icon
21
Amphenol
APH
$204B
$151M 1.9%
1,714,200
+19,800
+1% +$1.43M
2023 Q4
10 quarters
QCOM icon
22
Qualcomm
QCOM
$184B
$149M 1.88%
807,400
-135,200
-14% -$25.3M
2023 Q4
10 quarters
MA icon
23
Mastercard
MA
$528B
$149M 1.87%
289,640
-2,820
-1% -$1.41M
2024 Q4
6 quarters
LNG icon
24
Cheniere Energy
LNG
$57.8B
$140M 1.76%
586,260
-268,840
-31% -$67M
2023 Q2
12 quarters
CSCO icon
25
Cisco
CSCO
$448B
$138M 1.74%
1,175,076
+37,000
+3% +$3.87M
2018 Q4
30 quarters
1
2 3 4 5

Similar funds

AG
AIA Group Hong Kong $7.95B AUM 28.94% 1-Year Est. Return
CWM
Circle Wealth Management Summit, New Jersey $7.96B AUM 30.85% 1-Year Est. Return
STA
Summit Trail Advisors New York $7.95B AUM 26.49% 1-Year Est. Return
GAM
Groupama Asset Management Paris, France $7.93B AUM 57.28% 1-Year Est. Return
PCH
PGIM Custom Harvest Newark, New Jersey $7.98B AUM 28.14% 1-Year Est. Return
CCM
Coldstream Capital Management Bellevue, Washington $7.99B AUM 24.2% 1-Year Est. Return
BCWM
Bartlett & Co Wealth Management Cincinnati, Ohio $7.99B AUM 20.76% 1-Year Est. Return
IMCOOI
Investment Management Corp of Ontario (IMCO) Toronto, Canada $7.9B AUM 35.91% 1-Year Est. Return

Railway Pension Investments's Q2 2026 Portfolio in Review

As of Q2 2026, Railway Pension Investments held 115 positions worth $7.95B, up 13% from $7.03B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Railway Pension Investments's Q2 2026 filing shows 12 new, 38 increased, 28 reduced and 13 closed positions. Its largest new stake was Arista Networks: 1,184,850 shares worth $201M. The largest sale was Microsoft, an estimated $160M.

By sector, the portfolio is most concentrated in Technology at 46% of assets, up from 37% a quarter earlier, followed by Healthcare and Financials.

  • Railway Pension Investments's largest Q2 2026 buy was Arista Networks: 1,184,850 shares worth $201M.
  • Railway Pension Investments added most to NVIDIA in Q2 2026, an estimated $195M increase.
  • Railway Pension Investments's biggest Q2 2026 reduction was Microsoft, cutting an estimated $160M.
  • Railway Pension Investments fully exited Palo Alto Networks in Q2 2026, selling an estimated $158M.
  • Railway Pension Investments's ten largest holdings make up 38% of its $7.95B portfolio in Q2 2026.
  • Railway Pension Investments opened 12 new positions and closed 13 in Q2 2026.
  • Railway Pension Investments's portfolio value rose 13% quarter-over-quarter to $7.95B.

Based on Railway Pension Investments's 13F filing for Q2 2026, filed 14 Aug 2026.