Board of the Pension Protection Fund
CROYDON, X0
$105m in 110 US stocks at the end of 30 June 2026. The top 10 are 18.5% of the money. It changed about 54.1% of the portfolio this quarter.
Value
$105m
Stocks
110
Top 10 share
18.5%
Turnover
54.1%
What changed this quarter
New
Bought for the first time this quarter.
- BallBALL2.1% of the fund
- Magna InternationalMGA2.0% of the fund
- Cooper CompaniesCOO1.7% of the fund
- International PaperIP1.7% of the fund
- WeyerhaeuserWY1.6% of the fund
- Microchip TechnologyMCHP1.5% of the fund
- KenvueKVUE1.5% of the fund
- Expand EnergyEXE1.5% of the fund
- Tyson FoodsTSN1.5% of the fund
- DuPont de NemoursDD1.5% of the fund
- EQTEQT1.4% of the fund
- Zillow GroupZ1.3% of the fund
- FirstenergyFE1.3% of the fund
- HalliburtonHAL1.3% of the fund
- Zillow GroupZG1.2% of the fund
- LyondellBasell IndustriesLYB1.2% of the fund
- DOWDOW1.1% of the fund
- Ford MotorF1.0% of the fund
- McCormickMKC1.0% of the fund
- AllstateALL0.9% of the fund
- Arch Capital GroupACGL0.8% of the fund
- Dollar GeneralDG0.8% of the fund
- Costar GroupCSGP0.6% of the fund
- KrogerKR0.6% of the fund
- Devon EnergyDVN0.6% of the fund
Added
Bought more of a stock they already held.
- IncyteINCY1.9% of the fund+63%
- Citizens Financial GroupCFG1.8% of the fund+2373%
- CGIGIB1.8% of the fund+7%
- CenteneCNC1.8% of the fund+226%
- KeycorpKEY1.7% of the fund+2381%
- LoewsL1.7% of the fund+6%
- Southwest AirlinesLUV1.7% of the fund+3091%
- Equitable HoldingsEQH1.7% of the fund+18%
- TextronTXT1.6% of the fund+12%
- PinterestPINS1.6% of the fund+15%
- Hartford Insurance GroupHIG1.5% of the fund+6%
- LAS Vegas SandsLVS1.3% of the fund+3%
- FoxFOX1.3% of the fund+9%
- FoxFOXA1.3% of the fund+9%
- Leidos HoldingsLDOS1.2% of the fund+374%
- NewsNWSA1.2% of the fund+55%
- Royalty PharmaRPRX1.2% of the fund+235%
- American International GroupAIG1.2% of the fund+22%
- ComcastCMCSA1.2% of the fund+559%
- Fidelity National Information ServicesFIS1.1% of the fund+169%
- HCA HealthcareHCA1.0% of the fund+340%
- FiservFISV0.7% of the fund+829%
- Quest DiagnosticsDGX0.6% of the fund+1400%
- Cardinal HealthCAH0.6% of the fund+2400%
- PentairPNR0.5% of the fund+111%
Cut
Sold some of their stake.
- FlexFLEX1.9% of the fund-54%
- Hewlett Packard EnterpriseHPE1.8% of the fund-48%
- Edison InternationalEIX1.7% of the fund-9%
- United Airlines HoldingsUAL1.7% of the fund-9%
- Global PaymentsGPN1.5% of the fund-12%
- Omnicom GroupOMC1.5% of the fund-4%
- Delta Air LinesDAL1.5% of the fund-27%
- Gen DigitalGEN1.4% of the fund-17%
- Cincinnati FinancialCINF1.4% of the fund-14%
- Pg&ePCG1.4% of the fund-18%
- SS&C Technologies HoldingsSSNC1.3% of the fund-4%
- GoDaddyGDDY1.2% of the fund-10%
- HPHPQ1.2% of the fund-10%
- DocusignDOCU1.2% of the fund-16%
- Super Micro ComputerSMCI1.1% of the fund-32%
- NewsNWS1.0% of the fund-29%
- PayPal HoldingsPYPL1.0% of the fund-40%
- Cognizant Technology SolutionsCTSH0.8% of the fund-4%
- NisourceNI0.8% of the fund-49%
- ExelonEXC0.8% of the fund-53%
- Regions FinancialRF0.6% of the fund-62%
- Raymond James FinancialRJF0.4% of the fund-71%
- PTCPTC0.2% of the fund-86%
- FortiveFTV0.1% of the fund-60%
- RollinsROL<0.1% of the fund-52%
Sold out
Sold their entire stake.
- Dell TechnologiesDELL-100%
- CelesticaCLS-100%
- Open TextOTEX-100%
- Zoom CommunicationsZM-100%
- NetAppNTAP-100%
- Atmos EnergyATO-100%
- TrimbleTRMB-100%
- Marvell TechnologyMRVL-100%
- Descartes Systems GroupDSGX-100%
- OktaOKTA-100%
- Liberty MediaFWONA-100%
- Franklin TempletonBEN-100%
- CDWCDW-100%
- Huntington BancsharesHBAN-100%
- Prudential FinancialPRU-100%
- NRG EnergyNRG-100%
- Constellation EnergyCEG-100%
- American Water Works CompanyAWK-100%
- TE ConnectivityTEL-100%
- First SolarFSLR-100%
- Robinhood MarketsHOOD-100%
- Principal Financial GroupPFG-100%
- Bank of New York MellonBNY-100%
- VerisignVRSN-100%
- Westinghouse Air Brake TechnologiesWAB-100%
Holdings
- Magna InternationalMGA
- Share
- 2.0%
- Value
- $2m
- Shares
- 22,200
New
- CGIGIB
- Share
- 1.8%
- Value
- $2m
- Shares
- 20,600
+7%
- BCEBCE
- Share
- 0.4%
- Value
- $461,305
- Shares
- 15,100
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| BallBALL | 2.1% | $2m | 35,000 | New |
| Magna InternationalMGA | 2.0% | $2m | 22,200 | New |
| IncyteINCY | 1.9% | $2m | 17,600 | +63% |
| FlexFLEX | 1.9% | $2m | 12,300 | -54% |
| Hewlett Packard EnterpriseHPE | 1.8% | $2m | 42,800 | -48% |
| Citizens Financial GroupCFG | 1.8% | $2m | 27,200 | +2373% |
| CGIGIB | 1.8% | $2m | 20,600 | +7% |
| CenteneCNC | 1.8% | $2m | 29,000 | +226% |
| KeycorpKEY | 1.7% | $2m | 79,400 | +2381% |
| Cooper CompaniesCOO | 1.7% | $2m | 25,400 | New |
| LoewsL | 1.7% | $2m | 16,000 | +6% |
| Southwest AirlinesLUV | 1.7% | $2m | 35,100 | +3091% |
| Edison InternationalEIX | 1.7% | $2m | 24,100 | -9% |
| Equitable HoldingsEQH | 1.7% | $2m | 40,800 | +18% |
| United Airlines HoldingsUAL | 1.7% | $2m | 12,900 | -9% |
| Synchrony FinancialSYF | 1.7% | $2m | 23,000 | Held |
| International PaperIP | 1.7% | $2m | 45,700 | New |
| WeyerhaeuserWY | 1.6% | $2m | 72,500 | New |
| TextronTXT | 1.6% | $2m | 18,200 | +12% |
| PinterestPINS | 1.6% | $2m | 78,300 | +15% |
| Microchip TechnologyMCHP | 1.5% | $2m | 17,900 | New |
| KenvueKVUE | 1.5% | $2m | 85,400 | New |
| Expand EnergyEXE | 1.5% | $2m | 17,800 | New |
| Tyson FoodsTSN | 1.5% | $2m | 28,200 | New |
| DuPont de NemoursDD | 1.5% | $2m | 11,700 | New |
| Global PaymentsGPN | 1.5% | $2m | 21,600 | -12% |
| Omnicom GroupOMC | 1.5% | $2m | 21,500 | -4% |
| Hartford Insurance GroupHIG | 1.5% | $2m | 11,600 | +6% |
| Delta Air LinesDAL | 1.5% | $2m | 16,400 | -27% |
| Gen DigitalGEN | 1.4% | $2m | 61,400 | -17% |
| EQTEQT | 1.4% | $2m | 28,600 | New |
| Cincinnati FinancialCINF | 1.4% | $1m | 8,100 | -14% |
| Pg&ePCG | 1.4% | $1m | 84,700 | -18% |
| LAS Vegas SandsLVS | 1.3% | $1m | 30,500 | +3% |
| Zillow GroupZ | 1.3% | $1m | 43,600 | New |
| SS&C Technologies HoldingsSSNC | 1.3% | $1m | 22,000 | -4% |
| FirstenergyFE | 1.3% | $1m | 28,700 | New |
| HalliburtonHAL | 1.3% | $1m | 39,900 | New |
| FoxFOX | 1.3% | $1m | 28,500 | +9% |
| FoxFOXA | 1.3% | $1m | 25,400 | +9% |
| Leidos HoldingsLDOS | 1.2% | $1m | 12,800 | +374% |
| GoDaddyGDDY | 1.2% | $1m | 15,500 | -10% |
| HPHPQ | 1.2% | $1m | 59,900 | -10% |
| DocusignDOCU | 1.2% | $1m | 29,500 | -16% |
| Zillow GroupZG | 1.2% | $1m | 41,300 | New |
| NewsNWSA | 1.2% | $1m | 52,000 | +55% |
| Royalty PharmaRPRX | 1.2% | $1m | 22,800 | +235% |
| LyondellBasell IndustriesLYB | 1.2% | $1m | 24,100 | New |
| American International GroupAIG | 1.2% | $1m | 16,400 | +22% |
| ComcastCMCSA | 1.2% | $1m | 49,400 | +559% |
| DOWDOW | 1.1% | $1m | 44,100 | New |
| Fidelity National Information ServicesFIS | 1.1% | $1m | 28,800 | +169% |
| Super Micro ComputerSMCI | 1.1% | $1m | 37,900 | -32% |
| NewsNWS | 1.0% | $1m | 37,600 | -29% |
| Ford MotorF | 1.0% | $1m | 74,900 | New |
| HCA HealthcareHCA | 1.0% | $1m | 2,640 | +340% |
| McCormickMKC | 1.0% | $1m | 20,400 | New |
| PayPal HoldingsPYPL | 1.0% | $1m | 23,500 | -40% |
| AllstateALL | 0.9% | $927,966 | 3,900 | New |
| Cognizant Technology SolutionsCTSH | 0.8% | $871,425 | 22,500 | -4% |
| Arch Capital GroupACGL | 0.8% | $834,716 | 8,600 | New |
| NisourceNI | 0.8% | $827,370 | 17,400 | -49% |
| Dollar GeneralDG | 0.8% | $794,259 | 6,900 | New |
| ExelonEXC | 0.8% | $792,540 | 17,000 | -53% |
| FiservFISV | 0.7% | $774,990 | 15,800 | +829% |
| Costar GroupCSGP | 0.6% | $665,520 | 23,500 | New |
| KrogerKR | 0.6% | $644,148 | 11,600 | New |
| Regions FinancialRF | 0.6% | $643,260 | 21,300 | -62% |
| Quest DiagnosticsDGX | 0.6% | $635,850 | 3,000 | +1400% |
| Cardinal HealthCAH | 0.6% | $593,900 | 2,500 | +2400% |
| Devon EnergyDVN | 0.6% | $582,612 | 14,100 | New |
| PentairPNR | 0.5% | $567,284 | 7,400 | +111% |
| Kraft HeinzKHC | 0.5% | $566,880 | 24,000 | +2300% |
| Constellation BrandsSTZ | 0.5% | $556,360 | 4,000 | New |
| AptivAPTV | 0.5% | $534,006 | 8,700 | +248% |
| AT&TT | 0.5% | $498,870 | 24,100 | New |
| BCEBCE | 0.4% | $461,305 | 15,100 | New |
| SyscoSYY | 0.4% | $434,616 | 5,200 | New |
| Raymond James FinancialRJF | 0.4% | $410,481 | 2,700 | -71% |
| Ameriprise FinancialAMP | 0.3% | $348,658 | 760 | +1800% |
| Baker HughesBKR | 0.3% | $321,900 | 5,800 | New |
| Cbre GroupCBRE | 0.2% | $242,442 | 1,800 | New |
| Kimco RealtyKIM | 0.2% | $228,150 | 9,000 | New |
| GE HealthCare TechnologiesGEHC | 0.2% | $217,634 | 3,400 | +580% |
| AllegionALLE | 0.2% | $182,637 | 1,300 | Held |
| PTCPTC | 0.2% | $170,415 | 1,500 | -86% |
| ON SemiconductorON | 0.2% | $160,718 | 1,700 | +143% |
| FortiveFTV | 0.1% | $128,289 | 2,100 | -60% |
| Estee Lauder CompaniesEL | 0.1% | $126,320 | 1,600 | New |
| Centerpoint EnergyCNP | 0.1% | $123,312 | 2,800 | +65% |
| NewmontNEM | 0.1% | $121,420 | 1,300 | New |
| Kinder MorganKMI | 0.1% | $111,895 | 3,500 | New |
| US BancorpUSB | 0.1% | $108,720 | 1,800 | +80% |
| Bristol-Myers SquibbBMY | <0.1% | $103,716 | 1,800 | +64% |
| Restaurant Brands InternationalQSR | <0.1% | $102,870 | 1,000 | New |
| Keurig Dr PepperKDP | <0.1% | $98,190 | 3,000 | New |
| Eversource EnergyES | <0.1% | $93,951 | 1,300 | +63% |
| RollinsROL | <0.1% | $91,828 | 2,200 | -52% |
| Jack Henry & AssociatesJKHY | <0.1% | $82,644 | 600 | New |
| Fidelity National FinancialFNF | <0.1% | $80,172 | 1,700 | -94% |
Showing the largest 100 of 110.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 14.0% since 30 June 2025.
Where the money is
Financial services20.2%
Technology16.6%
Industrials12.1%
Media & telecom9.9%
Health care9.0%
Everyday goods7.1%
Materials6.2%
Utilities6.1%
Energy5.3%
Retail & consumer4.9%
Real estate2.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.