USS Investment Management Ltd reported 600 positions worth $17.34B for the quarter ended Jun 30, 2026, up 21.7% on the prior quarter. It opened 131 new positions, added to 240, trimmed 182 and exited 25. Its largest holding is Nvidia Corp at 4.8% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| ETN Eaton Corp plc | +374.7K | +596.4% | $159.63M | 1.08% |
| CSCO Cisco Systems, Inc. | +536.6K | +78.2% | $62.98M | 0.828% |
| KLAC Kla Corp | +206.3K | +15.1% | $62.21M | 2.74% |
| SNDK Sandisk Corp | +18.8K | – | $42.73M | 0.246% |
| ARGX Argenx Se | +45.8K | +376.8% | $42.48M | 0.31% |
| AMZN Amazon Com Inc | +163.4K | +5.1% | $38.91M | 4.62% |
| WDC Western Digital Corp | +60.7K | – | $38.78M | 0.224% |
| ASND Ascendis Pharma A/S | +141.0K | – | $37.63M | 0.217% |
| WST West Pharmaceutical Services Inc | +104.1K | +542.2% | $37.39M | 0.255% |
| SPOT Spotify Technology S.A. | +74.8K | +78.4% | $34.37M | 0.451% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| CDNS Cadence Design Systems Inc | -287.6K | -54.8% | $107.92M | 0.512% |
| HD Home Depot, Inc. | -223.2K | -42.0% | $78.64M | 0.626% |
| MAR Marriott International Inc | -198.2K | -52.1% | $73.42M | 0.39% |
| AAPL Apple Inc. | -73.2K | -3.1% | $21.18M | 3.85% |
| YUM Yum Brands Inc | -110.5K | -11.3% | $17.67M | 0.797% |
| CVX Chevron Corp | -104.0K | -38.4% | $17.25M | 0.159% |
| RKLB Rocket Lab Corp | -158.0K | -36.7% | $16.05M | 0.16% |
| TEAM Atlassian Corp | -170.3K | -100.0% | $11.62M | Exited |
| DB Deutsche Bank Aktiengesellschaft | -270.6K | -93.9% | $9.14M | <0.01% |
| EOG Eog Resources Inc | -68.4K | -77.9% | $8.88M | 0.015% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| SNDK Sandisk Corp | +18.8K | $42.73M | 0.246% |
| WDC Western Digital Corp | +60.7K | $38.78M | 0.224% |
| ASND Ascendis Pharma A/S | +141.0K | $37.63M | 0.217% |
| MOD Modine Manufacturing Co | +122.4K | $32.69M | 0.189% |
| RBC RBC Bearings INC | +49.5K | $31.84M | 0.184% |
| COHR Coherent Corp. | +75.0K | $29.59M | 0.171% |
| LSCC Lattice Semiconductor Corp | +192.1K | $29.39M | 0.17% |
| WWD Woodward, Inc. | +66.3K | $28.23M | 0.163% |
| USFD US Foods Holding Corp. | +255.7K | $26.14M | 0.151% |
| APG APi Group Corp | +599.4K | $25.38M | 0.146% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| TEAM Atlassian Corp | -170.3K | $11.62M | 0.082% |
| AMRZ Amrize Ltd | -92.1K | $5.02M | 0.035% |
| INVH Invitation Homes Inc. | -173.9K | $4.32M | 0.03% |
| SUNB Sunbelt Rentals Holdings, Inc. | -66.6K | $4.18M | 0.029% |
| MKC Mccormick & Co Inc | -71.6K | $3.61M | 0.025% |
| TSCO Tractor Supply Co | -79.4K | $3.60M | 0.025% |
| WY Weyerhaeuser Co | -145.3K | $3.55M | 0.025% |
| GPC Genuine Parts Co | -31.7K | $3.35M | 0.024% |
| TRMB Trimble Inc. | -49.5K | $3.23M | 0.023% |
| CSGP Costar Group, Inc. | -78.0K | $3.14M | 0.022% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA Nvidia Corp | Technology | 4.19M | $836.98M | 4.83% | -39.4K | -0.9% | Reduced | 0.02% |
| 2 | AMZN Amazon Com Inc | Consumer Discretionary | 3.36M | $800.36M | 4.62% | +163.4K | +5.1% | Added | 0.03% |
| 3 | MSFT Microsoft Corp | Technology | 1.81M | $675.20M | 3.89% | -23.5K | -1.3% | Reduced | 0.02% |
| 4 | AAPL Apple Inc. | Technology | 2.31M | $667.92M | 3.85% | -73.2K | -3.1% | Reduced | 0.02% |
| 5 | KLAC Kla Corp | Technology | 1.57M | $474.37M | 2.74% | +206.3K | +15.1% | Added | 0.12% |
| 6 | V Visa Inc. | Financial Services | 974.6K | $333.97M | 1.93% | +12.6K | +1.3% | Added | 0.06% |
| 7 | GOOGL Alphabet Inc. | Technology | 907.4K | $324.05M | 1.87% | -21.2K | -2.3% | Reduced | 0.01% |
| 8 | APH Amphenol Corp | Industrials | 3.64M | $320.59M | 1.85% | +156.5K | +4.5% | Added | 0.15% |
| 9 | FAST Fastenal Co | Industrials | 5.99M | $287.60M | 1.66% | +34.5K | +0.6% | Added | 0.52% |
| 10 | FERG Ferguson Enterprises Inc. | Industrials | 1.21M | $286.58M | 1.65% | +24.7K | +2.1% | Added | 0.62% |
| 11 | AVGO Broadcom Inc. | Technology | 756.8K | $285.53M | 1.65% | -9,060 | -1.2% | Reduced | 0.02% |
| 12 | GOOG Alphabet Inc. | Technology | 802.9K | $283.69M | 1.64% | -11.8K | -1.4% | Reduced | 0.01% |
| 13 | JNJ Johnson & Johnson | Healthcare | 1.01M | $257.60M | 1.49% | +21.9K | +2.2% | Added | 0.04% |
| 14 | MU Micron Technology Inc | Technology | 204.8K | $235.81M | 1.36% | +9,782 | +5.0% | Added | 0.02% |
| 15 | TSLA Tesla, Inc. | Consumer Discretionary | 532.5K | $223.82M | 1.29% | +65.6K | +14.1% | Added | 0.01% |
Tip. Select a row to see that position’s full history at USS Investment Management.
As of its Q2 2026 13F filing, USS Investment Management Ltd’s five largest positions were Nvidia Corp (NVDA) at 4.8%, Amazon Com Inc (AMZN) at 4.6%, Microsoft Corp (MSFT) at 3.9%, Apple Inc. (AAPL) at 3.9%, Kla Corp (KLAC) at 2.7% of the reported portfolio.
USS Investment Management Ltd reported a 13F portfolio worth $17.34B across 600 positions for Q2 2026. That is up 21.7% from the previous quarter.
Its largest purchases by value were Eaton Corp plc ($159.63M), Cisco Systems, Inc. ($62.98M), Kla Corp ($62.21M). It opened 131 new positions.
Its largest sales by value were Cadence Design Systems Inc ($107.92M), Home Depot, Inc. ($78.64M), Marriott International Inc ($73.42M). It exited 25 positions entirely.
From the Form 13F-HR reports USS Investment Management Ltd files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.