USS Investment Management Ltd
Net buyer this quarter
$27.8B
612
+$1.35B
22.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 NVDA | $837M | 3.01% | 0.02% | -0.9% | Q3 2018 |
 AMZN | $800M | 2.88% | 0.03% | +5.1% | Q2 2013 |
 ENLT | $718M | 2.58% | 0.06% | -7.6% | Q4 2024 |
 NVMI | $688M | 2.47% | 0.04% | +9.4% | Q4 2024 |
 MSFT | $675M | 2.43% | 0.02% | -1.3% | Q4 2012 |
 TSEM | $671M | 2.41% | 0.02% | -22.2% | Q2 2022 |
 AAPL | $668M | 2.40% | 0.02% | -3.1% | Q4 2012 |
 KLAC | $474M | 1.70% | 0.12% | +15.1% | Q4 2019 |
 CAMT | $434M | 1.56% | 0.06% | +12.0% | Q4 2024 |
 V | $334M | 1.20% | 0.05% | +1.3% | Q3 2014 |
 GOOGL | $324M | 1.16% | 0.01% | -2.3% | Q4 2015 |
 APH | $321M | 1.15% | 0.15% | +4.5% | Q1 2018 |
 FAST | $288M | 1.03% | 0.52% | +0.6% | Q2 2018 |
 FERG | $287M | 1.03% | 0.62% | +2.1% | Q1 2021 |
 AVGO | $286M | 1.03% | 0.02% | -1.2% | Q3 2018 |
| GOOG | $284M | 1.02% | Not reported | -1.5% | Q4 2015 |
 JNJ | $258M | 0.93% | 0.04% | +2.2% | Q4 2014 |
 MU | $236M | 0.85% | 0.02% | +5.0% | Q4 2019 |
 TSLA | $224M | 0.80% | 0.01% | +14.1% | Q1 2020 |
 MDT | $199M | 0.72% | 0.20% | +4.0% | Q4 2013 |
 META | $199M | 0.72% | Not reported | -0.6% | Q1 2015 |
 CL | $199M | 0.71% | 0.27% | -1.3% | Q3 2015 |
 ETN | $186M | 0.67% | 0.11% | +596.4% | Q4 2019 |
 PG | $177M | 0.64% | 0.05% | +1.5% | Q4 2012 |
 AON | $173M | 0.62% | 0.24% | +3.6% | Q2 2019 |
 AMD | $169M | 0.61% | 0.02% | +10.6% | Q1 2020 |
 LLY | $168M | 0.60% | 0.01% | -1.2% | Q2 2019 |
 AZO | $151M | 0.54% | 0.29% | +0.9% | Q4 2019 |
 ROL | $148M | 0.53% | 0.74% | +12.9% | Q3 2020 |
 SPGI | $147M | 0.53% | 0.12% | +3.8% | Q3 2016 |
 CSCO | $144M | 0.52% | 0.03% | +78.2% | Q4 2015 |
 JPM | $142M | 0.51% | 0.02% | -4.0% | Q4 2012 |
 YUM | $138M | 0.50% | 0.31% | -11.3% | Q4 2012 |
 OTIS | $126M | 0.45% | 0.46% | -0.5% | Q2 2020 |
 ICE | $117M | 0.42% | 0.17% | +0.5% | Q2 2020 |
 VRSK | $117M | 0.42% | 0.50% | +1.1% | Q4 2015 |
 BRK.B | $110M | 0.40% | Not reported | -0.5% | Q2 2020 |
 HD | $109M | 0.39% | 0.03% | -42.0% | Q2 2016 |
 AMAT | $109M | 0.39% | 0.02% | +6.5% | Q2 2020 |
 INTC | $106M | 0.38% | 0.02% | -7.2% | Q2 2019 |
 LRCX | $102M | 0.37% | 0.02% | +5.9% | Q3 2013 |
 APP | $91M | 0.33% | 0.05% | +13.4% | Q1 2023 |
 CDNS | $88.8M | 0.32% | 0.09% | -54.9% | Q3 2013 |
 RACE | $87.5M | 0.31% | 0.13% | +3.0% | Q2 2020 |
 NU | $86.2M | 0.31% | Not reported | -5.9% | Q1 2024 |
 NET | $81.1M | 0.29% | Not reported | +11.6% | Q1 2021 |
 AU | $78.2M | 0.28% | 0.19% | +45.9% | Q4 2012 |
 SPOT | $78.2M | 0.28% | 0.08% | +78.4% | Q1 2022 |
 ABBV | $75.5M | 0.27% | 0.02% | +0.5% | Q4 2019 |
 WMT | $74.9M | 0.27% | 0.01% | -5.9% | Q3 2015 |
| Q1 2026 | |||||
| NVDA | $737M | 2.88% | 0.02% | +12.8% | Q3 2018 |
| MSFT | $679M | 2.66% | 0.02% | -3.2% | Q4 2012 |
| AMZN | $666M | 2.60% | 0.03% | +20.5% | Q2 2013 |
| AAPL | $605M | 2.37% | 0.02% | +2.7% | Q4 2012 |
| ENLT | $584M | 2.28% | 0.07% | +3.5% | Q4 2024 |
| TSEM | $573M | 2.24% | 0.03% | +6.9% | Q2 2022 |
| NVMI | $512M | 2.00% | 0.04% | +4.4% | Q4 2024 |
| CAMT | $360M | 1.41% | 0.05% | +5.4% | Q4 2024 |
| V | $291M | 1.14% | 0.05% | +2.3% | Q3 2014 |
| FAST | $276M | 1.08% | 0.52% | +0.1% | Q2 2018 |
| FERG | $276M | 1.08% | 0.61% | -0.8% | Q1 2021 |
| GOOGL | $267M | 1.04% | 0.01% | +2.2% | Q4 2015 |
| JNJ | $243M | 0.95% | 0.04% | -16.2% | Q4 2014 |
| AVGO | $237M | 0.93% | 0.02% | +3.2% | Q3 2018 |
| GOOG | $234M | 0.91% | Not reported | +0.8% | Q4 2015 |
| APH | $220M | 0.86% | 0.14% | +16.7% | Q1 2018 |
| MDT | $212M | 0.83% | 0.19% | +7.7% | Q4 2013 |
| META | $203M | 0.80% | Not reported | +2.0% | Q1 2015 |
| KLAC | $201M | 0.79% | 0.10% | +476.5% | Q4 2019 |
| CL | $188M | 0.73% | 0.28% | +2.5% | Q3 2015 |
| HD | $175M | 0.68% | 0.05% | -10.5% | Q2 2016 |
| TSLA | $174M | 0.68% | 0.01% | +1.6% | Q1 2020 |
| PG | $172M | 0.67% | 0.05% | +10.1% | Q4 2012 |
| ROL | $167M | 0.65% | 0.65% | +55.9% | Q3 2020 |
| AON | $162M | 0.63% | 0.23% | -26.3% | Q2 2019 |
| AZO | $158M | 0.62% | 0.28% | +63.9% | Q4 2019 |
| YUM | $152M | 0.59% | 0.35% | +3.5% | Q4 2012 |
| ICE | $149M | 0.58% | 0.17% | +37.2% | Q2 2020 |
| SPGI | $148M | 0.58% | 0.12% | -29.1% | Q3 2016 |
| CDNS | $146M | 0.57% | 0.19% | +0.2% | Q3 2013 |
| OTIS | $136M | 0.53% | 0.45% | +3.8% | Q2 2020 |
| JPM | $133M | 0.52% | 0.02% | +1.4% | Q4 2012 |
| LLY | $130M | 0.51% | 0.02% | +2.9% | Q2 2019 |
 MAR | $124M | 0.49% | 0.14% | -30.5% | Q3 2018 |
| VRSK | $122M | 0.48% | 0.49% | -17.6% | Q4 2015 |
| BRK.B | $106M | 0.42% | Not reported | +4.1% | Q2 2020 |
| NU | $98.5M | 0.39% | Not reported | +84.7% | Q1 2024 |
| WMT | $87.4M | 0.34% | 0.01% | +1.5% | Q3 2015 |
 NFLX | $85.2M | 0.33% | 0.02% | +31.8% | Q1 2020 |
| RACE | $76.6M | 0.30% | 0.12% | +902.0% | Q2 2020 |
 COST | $71.6M | 0.28% | 0.02% | +2.2% | Q4 2012 |
 PDD | $71.3M | 0.28% | 0.01% | +86.0% | Q4 2020 |
 MA | $67.5M | 0.26% | 0.01% | +1.5% | Q4 2015 |
| MU | $65.9M | 0.26% | 0.02% | +2.8% | Q4 2019 |
| ABBV | $65M | 0.25% | 0.02% | +3.4% | Q4 2019 |
| AU | $64.6M | 0.25% | 0.13% | -30.5% | Q4 2012 |
| APP | $62M | 0.24% | 0.05% | +269.9% | Q1 2023 |
| NET | $61.2M | 0.24% | Not reported | +452.3% | Q1 2021 |
 MELI | $58.5M | 0.23% | 0.07% | +116.2% | Q4 2017 |
 ISRG | $56.6M | 0.22% | 0.03% | +100.4% | Q2 2020 |
| Q4 2025 | |||||
| MSFT | $916M | 4.26% | 0.03% | +3.1% | Q4 2012 |
| NVDA | $699M | 3.25% | 0.02% | -1.4% | Q3 2018 |
| AAPL | $631M | 2.93% | 0.02% | -0.8% | Q4 2012 |
| AMZN | $613M | 2.85% | 0.02% | +0.4% | Q2 2013 |
| ENLT | $387M | 1.80% | 0.06% | -3.0% | Q4 2024 |
| NVMI | $382M | 1.77% | 0.04% | -5.3% | Q4 2024 |
| TSEM | $368M | 1.71% | 0.03% | -1.7% | Q2 2022 |
| V | $330M | 1.53% | 0.05% | 0.0% | Q3 2014 |
| GOOGL | $284M | 1.32% | 0.01% | -1.2% | Q4 2015 |
| FERG | $265M | 1.23% | 0.61% | Not reported | Q1 2021 |
| AVGO | $257M | 1.19% | 0.02% | 0.0% | Q3 2018 |
| SPGI | $257M | 1.19% | 0.16% | 0.0% | Q3 2016 |
| GOOG | $254M | 1.18% | Not reported | -2.8% | Q4 2015 |
| CAMT | $251M | 1.16% | 0.05% | -22.8% | Q4 2024 |
| JNJ | $245M | 1.14% | 0.05% | +0.5% | Q4 2014 |
| AON | $241M | 1.12% | 0.32% | +6.4% | Q2 2019 |
| FAST | $239M | 1.11% | 0.52% | +6.1% | Q2 2018 |
| META | $230M | 1.07% | Not reported | 0.0% | Q1 2015 |
| MDT | $219M | 1.02% | 0.18% | +7.1% | Q4 2013 |
| TSLA | $207M | 0.96% | 0.01% | +3.2% | Q1 2020 |
| HD | $204M | 0.95% | 0.06% | Not reported | Q2 2016 |
| APH | $201M | 0.94% | 0.12% | +4.4% | Q1 2018 |
| VRSK | $175M | 0.81% | 0.56% | -14.5% | Q4 2015 |
| MAR | $170M | 0.79% | 0.21% | 0.0% | Q3 2018 |
| CL | $170M | 0.79% | 0.27% | +26.8% | Q3 2015 |
| CDNS | $164M | 0.76% | 0.19% | 0.0% | Q3 2013 |
| PG | $155M | 0.72% | 0.05% | +10.2% | Q4 2012 |
 UNH | $149M | 0.69% | 0.05% | 0.0% | Q4 2012 |
| OTIS | $149M | 0.69% | 0.44% | +10.1% | Q2 2020 |
| LLY | $148M | 0.69% | 0.01% | 0.0% | Q2 2019 |
| JPM | $144M | 0.67% | 0.02% | -0.5% | Q4 2012 |
| YUM | $142M | 0.66% | 0.34% | 0.0% | Q4 2012 |
| ROL | $121M | 0.56% | 0.42% | +41.0% | Q3 2020 |
| ICE | $112M | 0.52% | 0.12% | +8.8% | Q2 2020 |
| BRK.B | $107M | 0.50% | Not reported | +1.2% | Q2 2020 |
| AZO | $97M | 0.45% | 0.17% | +809.8% | Q4 2019 |
| AU | $81.4M | 0.38% | 0.19% | -4.9% | Q4 2012 |
 GFI | $78.6M | 0.37% | 0.20% | +8.3% | Q1 2022 |
| WMT | $77.2M | 0.36% | 0.01% | Not reported | Q3 2015 |
| MA | $75.9M | 0.35% | 0.01% | 0.0% | Q4 2015 |
| ABBV | $66M | 0.31% | 0.02% | 0.0% | Q4 2019 |
| NFLX | $63.1M | 0.29% | 0.02% | 0.0% | Q1 2020 |
| NU | $62.2M | 0.29% | Not reported | +12.2% | Q1 2024 |
| COST | $60.7M | 0.28% | 0.02% | Not reported | Q4 2012 |
 PLTR | $59.3M | 0.28% | 0.01% | +0.5% | Q3 2021 |
 BAC | $58.7M | 0.27% | 0.01% | -0.4% | Q1 2019 |
| AMD | $56M | 0.26% | 0.02% | -2.5% | Q1 2020 |
| MU | $54.2M | 0.25% | 0.02% | -2.5% | Q4 2019 |
 GE | $53.6M | 0.25% | 0.02% | Not reported | Q3 2021 |
 ORCL | $52M | 0.24% | 0.01% | +1.3% | Q4 2019 |
| Q3 2025 | |||||
| MSFT | $952M | 4.33% | 0.02% | +0.1% | Q4 2012 |
| NVDA | $709M | 3.22% | 0.02% | -0.2% | Q3 2018 |
| AAPL | $595M | 2.71% | 0.02% | 0.0% | Q4 2012 |
| AMZN | $581M | 2.64% | 0.02% | +76.7% | Q2 2013 |
| NVMI | $383M | 1.74% | 0.04% | Not reported | Q4 2024 |
| V | $321M | 1.46% | 0.05% | -6.4% | Q3 2014 |
| CAMT | $316M | 1.44% | 0.07% | Not reported | Q4 2024 |
| FAST | $275M | 1.25% | 0.49% | Not reported | Q2 2018 |
| ENLT | $271M | 1.23% | 0.07% | Not reported | Q4 2024 |
| FERG | $268M | 1.22% | 0.61% | -0.3% | Q1 2021 |
| META | $256M | 1.16% | Not reported | 0.0% | Q1 2015 |
| AVGO | $245M | 1.11% | 0.02% | 0.0% | Q3 2018 |
| HD | $240M | 1.09% | 0.06% | -6.1% | Q2 2016 |
| SPGI | $239M | 1.09% | 0.16% | Not reported | Q3 2016 |
| VRSK | $229M | 1.04% | 0.65% | +13.3% | Q4 2015 |
| AON | $228M | 1.04% | 0.30% | Not reported | Q2 2019 |
| TSEM | $228M | 1.04% | 0.03% | Not reported | Q2 2022 |
| GOOGL | $223M | 1.02% | 0.01% | 0.0% | Q4 2015 |
| JNJ | $219M | 0.99% | 0.05% | Not reported | Q4 2014 |
| GOOG | $202M | 0.92% | Not reported | 0.0% | Q4 2015 |
| MDT | $202M | 0.92% | 0.17% | Not reported | Q4 2013 |
| TSLA | $198M | 0.90% | 0.01% | Not reported | Q1 2020 |
| CDNS | $184M | 0.84% | 0.19% | Not reported | Q3 2013 |
| APH | $177M | 0.80% | 0.12% | +66.5% | Q1 2018 |
| UNH | $155M | 0.71% | 0.05% | 0.0% | Q4 2012 |
| PG | $151M | 0.69% | 0.04% | Not reported | Q4 2012 |
| YUM | $143M | 0.65% | 0.34% | -27.0% | Q4 2012 |
| MAR | $143M | 0.65% | 0.20% | -24.4% | Q3 2018 |
| JPM | $142M | 0.64% | 0.02% | 0.0% | Q4 2012 |
| OTIS | $141M | 0.64% | 0.39% | -15.6% | Q2 2020 |
| CL | $135M | 0.62% | 0.21% | Not reported | Q3 2015 |
| ICE | $107M | 0.49% | 0.11% | Not reported | Q2 2020 |
| BRK.B | $106M | 0.48% | Not reported | Not reported | Q2 2020 |
| LLY | $105M | 0.48% | 0.01% | Not reported | Q2 2019 |
 ICLR | $99.7M | 0.45% | 0.75% | Not reported | Q1 2024 |
| ROL | $83.6M | 0.38% | 0.29% | +2298.7% | Q3 2020 |
| NFLX | $80.6M | 0.37% | 0.02% | Not reported | Q1 2020 |
| MA | $75.6M | 0.34% | 0.01% | -0.1% | Q4 2015 |
| ORCL | $74M | 0.34% | 0.01% | Not reported | Q4 2019 |
| WMT | $71.4M | 0.32% | 0.01% | Not reported | Q3 2015 |
| AU | $70.6M | 0.32% | 0.20% | +240.3% | Q4 2012 |
| GFI | $69.8M | 0.32% | 0.19% | +10.1% | Q1 2022 |
| ABBV | $66.9M | 0.30% | 0.02% | 0.0% | Q4 2019 |
| COST | $65.1M | 0.30% | 0.02% | Not reported | Q4 2012 |
| PDD | $62.4M | 0.28% | 0.01% | +122.8% | Q4 2020 |
| PLTR | $60.6M | 0.28% | 0.01% | Not reported | Q3 2021 |
| BAC | $55.3M | 0.25% | 0.01% | Not reported | Q1 2019 |
| NU | $52.9M | 0.24% | Not reported | +27.2% | Q1 2024 |
| GE | $52.4M | 0.24% | 0.02% | Not reported | Q3 2021 |
| CSCO | $46M | 0.21% | 0.02% | -0.1% | Q4 2015 |