Border to Coast Pensions Partnership
LEEDS, X0files as Border to Coast Pensions Partnership Ltd
$6.8bn in 90 US stocks at the end of 30 June 2026. The top 10 are 42.9% of the money. It changed about 9.0% of the portfolio this quarter.
Value
$6.8bn
Stocks
90
Top 10 share
42.9%
Turnover
9.0%
What changed this quarter
New
Bought for the first time this quarter.
- CarnivalCCL0.4% of the fund
- Coca-ColaKO0.4% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT3.8% of the fund+13%
- BroadcomAVGO2.8% of the fund+8%
- Eli LillyLLY2.2% of the fund+6%
- UBS Group AGUBS1.8% of the fund+4%
- Meta PlatformsMETA1.6% of the fund+4%
- TeslaTSLA1.3% of the fund+19%
- IntelINTC1.3% of the fund+31%
- NRG EnergyNRG1.2% of the fund+50%
- DeereDE1.1% of the fund+9%
- Morgan StanleyMS1.0% of the fund+21%
- SynopsysSNPS0.9% of the fund+27%
- NetflixNFLX0.9% of the fund+13%
- Walt DisneyDIS0.8% of the fund+49%
- Dollar GeneralDG0.7% of the fund+10%
- Bio-TechneTECH0.7% of the fund+30%
- KKRKKR0.6% of the fund+8%
- Topbuild COR0.6% of the fund+53%
- Spotify TechnologySPOT0.5% of the fund+79%
- Apollo Global ManagementAPO0.4% of the fund+13%
- ITTITT0.4% of the fund+22%
- BlackstoneBX0.3% of the fund+3%
- AngloGold AshantiAU0.3% of the fund+18%
- Vici PropertiesVICI0.3% of the fund+13%
- HA Sustainable Infrastructure CapitalHASI0.3% of the fund+15%
- PrologisPLD0.3% of the fund+38%
Cut
Sold some of their stake.
- AstrazenecaAZN5.3% of the fund-6%
- Cisco SystemsCSCO1.6% of the fund-6%
- RTXRTX1.2% of the fund-9%
- Texas InstrumentsTXN1.2% of the fund-13%
- TotalEnergies SETTE1.2% of the fund-7%
- American TowerAMT1.0% of the fund-6%
- Union PacificUNP0.8% of the fund-2%
- WelltowerWELL0.7% of the fund-30%
- Ares CapitalARCC0.5% of the fund-9%
- Iron MountainIRM0.5% of the fund-41%
- EnbridgeENB0.5% of the fund-31%
- XPOXPO0.5% of the fund-16%
- EquinixEQIX0.4% of the fund-5%
- Clean HarborsCLH0.2% of the fund-11%
- Blackstone Secured Lending FundBXSL0.2% of the fund-17%
- Blue Owl CapitalOWL0.1% of the fund-6%
- Golub Capital BDCGBDC<0.1% of the fund-52%
Sold out
Sold their entire stake.
- Oxford Lane CapitalOXLC-100%
- LineageLINE-100%
- Camden Property TrustCPT-100%
- Alexandria Real Estate EquitiesARE-100%
Holdings
- Vanguard Index FDSVO
- Share
- 4.8%
- Value
- $328m
- Shares
- 4,072,748
Held
- Topbuild COR
- Share
- 0.6%
- Value
- $40m
- Shares
- 114,286
+53%
- HA Sustainable Infrastructure CapitalHASI
- Share
- 0.3%
- Value
- $21m
- Shares
- 545,000
+15%
- Janus Detroit STR TRJBBB
- Share
- 0.2%
- Value
- $13m
- Shares
- 275,000
+4%
- Janus Detroit STR TRJAAA
- Share
- <0.1%
- Value
- $5m
- Shares
- 100,000
+11%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 6.6% | $449m | 2,247,523 | Held |
| AlphabetGOOGL | 5.3% | $362m | 1,013,789 | Held |
| AstrazenecaAZN | 5.3% | $361m | 1,932,961 | -6% |
| AppleAAPL | 5.2% | $351m | 1,213,399 | Held |
| Vanguard Index FDSVO | 4.8% | $328m | 4,072,748 | Held |
| MicrosoftMSFT | 3.8% | $261m | 699,216 | +13% |
| Amazon.comAMZN | 3.5% | $236m | 989,296 | Held |
| Advanced Micro DevicesAMD | 3.3% | $224m | 385,689 | Held |
| BroadcomAVGO | 2.8% | $189m | 499,970 | +8% |
| Applied MaterialsAMAT | 2.2% | $148m | 205,377 | Held |
| Eli LillyLLY | 2.2% | $148m | 123,167 | +6% |
| JPMorgan ChaseJPM | 1.9% | $131m | 399,401 | Held |
| UBS Group AGUBS | 1.8% | $119m | 2,394,800 | +4% |
| Berkshire HathawayBRK-B | 1.7% | $113m | 226,374 | Held |
| Meta PlatformsMETA | 1.6% | $110m | 195,999 | +4% |
| Cisco SystemsCSCO | 1.6% | $107m | 914,820 | -6% |
| NextEra EnergyNEE | 1.5% | $105m | 1,198,306 | Held |
| TeslaTSLA | 1.3% | $89m | 212,124 | +19% |
| IntelINTC | 1.3% | $85m | 608,759 | +31% |
| RTXRTX | 1.2% | $84m | 444,304 | -9% |
| NRG EnergyNRG | 1.2% | $82m | 558,517 | +50% |
| West Pharmaceutical ServicesWST | 1.2% | $81m | 226,857 | Held |
| Texas InstrumentsTXN | 1.2% | $81m | 270,310 | -13% |
| TotalEnergies SETTE | 1.2% | $80m | 1,032,885 | -7% |
| UnitedHealth GroupUNH | 1.1% | $75m | 179,621 | Held |
| MastercardMA | 1.1% | $72m | 139,844 | Held |
| WalmartWMT | 1.1% | $72m | 631,922 | Held |
| DeereDE | 1.1% | $72m | 112,821 | +9% |
| Morgan StanleyMS | 1.0% | $71m | 337,784 | +21% |
| American TowerAMT | 1.0% | $67m | 409,505 | -6% |
| Marriott InternationalMAR | 0.9% | $63m | 171,235 | Held |
| Westinghouse Air Brake TechnologiesWAB | 0.9% | $63m | 232,826 | Held |
| Bank of AmericaBAC | 0.9% | $63m | 1,100,242 | Held |
| ChevronCVX | 0.9% | $61m | 369,753 | Held |
| SynopsysSNPS | 0.9% | $60m | 134,914 | +27% |
| NetflixNFLX | 0.9% | $60m | 840,387 | +13% |
| Procter & GamblePG | 0.9% | $59m | 404,977 | Held |
| Walt DisneyDIS | 0.8% | $55m | 574,064 | +49% |
| Union PacificUNP | 0.8% | $55m | 202,083 | -2% |
| TJX CompaniesTJX | 0.8% | $52m | 346,355 | Held |
| American ExpressAXP | 0.8% | $52m | 152,856 | Held |
| ConocoPhillipsCOP | 0.7% | $50m | 478,554 | Held |
| Dollar GeneralDG | 0.7% | $49m | 427,318 | +10% |
| WelltowerWELL | 0.7% | $48m | 210,000 | -30% |
| Bio-TechneTECH | 0.7% | $47m | 665,718 | +30% |
| Johnson & JohnsonJNJ | 0.7% | $46m | 182,850 | Held |
| Thermo Fisher ScientificTMO | 0.6% | $44m | 87,990 | Held |
| PNC Financial Services GroupPNC | 0.6% | $43m | 176,776 | Held |
| VisaV | 0.6% | $43m | 126,459 | Held |
| KKRKKR | 0.6% | $43m | 470,000 | +8% |
| PepsiCoPEP | 0.6% | $42m | 309,269 | Held |
| Topbuild COR | 0.6% | $40m | 114,286 | +53% |
| IntuitINTU | 0.6% | $38m | 145,466 | Held |
| Sherwin-WilliamsSHW | 0.5% | $37m | 108,430 | Held |
| Ares CapitalARCC | 0.5% | $37m | 2,000,000 | -9% |
| Home DepotHD | 0.5% | $36m | 101,885 | Held |
| Republic ServicesRSG | 0.5% | $35m | 165,608 | Held |
| Iron MountainIRM | 0.5% | $35m | 275,000 | -41% |
| EnbridgeENB | 0.5% | $34m | 625,000 | -31% |
| Martin Marietta MaterialsMLM | 0.5% | $32m | 55,584 | Held |
| XPOXPO | 0.5% | $32m | 156,008 | -16% |
| CRH PublicCRH | 0.5% | $32m | 295,498 | Held |
| Live Nation EntertainmentLYV | 0.5% | $32m | 172,269 | Held |
| Spotify TechnologySPOT | 0.5% | $31m | 66,854 | +79% |
| Apollo Global ManagementAPO | 0.4% | $30m | 255,000 | +13% |
| EquinixEQIX | 0.4% | $30m | 28,500 | -5% |
| VeraltoVLTO | 0.4% | $30m | 334,835 | Held |
| CarnivalCCL | 0.4% | $28m | 972,254 | New |
| Cooper CompaniesCOO | 0.4% | $27m | 379,076 | Held |
| ITTITT | 0.4% | $26m | 132,678 | +22% |
| Icici BankIBN | 0.4% | $25m | 877,715 | Held |
| Coca-ColaKO | 0.4% | $25m | 253,523 | New |
| BlackstoneBX | 0.3% | $24m | 200,000 | +3% |
| AngloGold AshantiAU | 0.3% | $23m | 281,491 | +18% |
| Vici PropertiesVICI | 0.3% | $23m | 850,000 | +13% |
| HA Sustainable Infrastructure CapitalHASI | 0.3% | $21m | 545,000 | +15% |
| PrologisPLD | 0.3% | $20m | 145,000 | +38% |
| TPGTPG | 0.3% | $18m | 452,882 | +10% |
| Waste ManagementWM | 0.2% | $17m | 75,000 | +50% |
| Boston ScientificBSX | 0.2% | $16m | 386,715 | Held |
| Blue Owl CapitalOBDC | 0.2% | $14m | 1,300,000 | +4% |
| GlobantGLOB | 0.2% | $13m | 455,570 | +49% |
| Janus Detroit STR TRJBBB | 0.2% | $13m | 275,000 | +4% |
| Cheniere EnergyLNG | 0.2% | $12m | 50,000 | Held |
| Clean HarborsCLH | 0.2% | $12m | 40,000 | -11% |
| Blackstone Secured Lending FundBXSL | 0.2% | $12m | 500,000 | -17% |
| Hercules CapitalHTGC | 0.1% | $9m | 600,000 | +26% |
| Blue Owl CapitalOWL | 0.1% | $7m | 850,000 | -6% |
| Janus Detroit STR TRJAAA | <0.1% | $5m | 100,000 | +11% |
| Golub Capital BDCGBDC | <0.1% | $4m | 300,000 | -52% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 24.6% since 30 June 2025.
Where the money is
Technology29.6%
Financial services12.9%
Health care12.5%
Media & telecom9.6%
Retail & consumer7.4%
Industrials6.3%
Everyday goods3.6%
Energy3.5%
Real estate3.3%
Utilities2.8%
Materials1.8%
Other6.8%
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.