USS Investment Management Ltd's Q4 2022 13F: 23 new positions, 14 exits
Form 13F-HR for the quarter ended Dec 31, 2022 · filed Feb 13, 2023 · 598 reported positions · accession 0000919574-23-001038
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | TOWER SEMICONDUCTOR LTD (TSEM) | 3.7% | — | −3.7 pts | −57,532 sh | −100% |
| Reduced | BLACKSTONE SECD LENDING FD (BXSL) | 4.0% | 2.0% | −2.0 pts | −5.67M sh | −47% |
| New | ISHARES INC (EWT) | — | 0.8% | +0.8 pts | +1.47M sh | new |
| New | ISHARES INC (EWY) | — | 0.4% | +0.4 pts | +550K sh | new |
| New | FOMENTO ECONOMICO MEXICANO S (FMX) | — | 0.4% | +0.4 pts | +332K sh | new |
| Exited | NIO INC (NIO) | 0.3% | — | −0.3 pts | −1.4M sh | −100% |
| Exited | BEIGENE LTD (ONC) | 0.2% | — | −0.2 pts | −106K sh | −100% |
| Increased | COCA COLA CO (KO) | 0.6% | 0.9% | +0.2 pts | +195K sh | +25% |
| Reduced | JUNIPER NETWORKS INC (JNPR) | 0.2% | 0.0% | −0.1 pts | −376K sh | −82% |
| Increased | VERIZON COMMUNICATIONS INC (VZ) | 0.7% | 0.8% | +0.2 pts | +281K sh | +23% |
| Reduced | ALNYLAM PHARMACEUTICALS INC (ALNY) | 0.2% | 0.1% | −0.1 pts | −45,569 sh | −59% |
| Increased | MERCK & CO INC (MRK) | 0.6% | 1.0% | +0.3 pts | +97,212 sh | +19% |
| Reduced | MARATHON PETE CORP (MPC) | 0.2% | 0.1% | −0.1 pts | −85,100 sh | −66% |
| Reduced | AFLAC INC (AFL) | 0.2% | 0.2% | −0.1 pts | −134K sh | −46% |
| Increased | BROADCOM INC (AVGO) | 0.5% | 0.7% | +0.2 pts | +16,457 sh | +22% |
| Reduced | LILLY ELI & CO (LLY) | 0.9% | 0.9% | 0.0 pts | −23,448 sh | −12% |
| Reduced | BRISTOL-MYERS SQUIBB CO (BMY) | 0.5% | 0.4% | −0.1 pts | −114K sh | −22% |
| Increased | QUALCOMM INC (QCOM) | 0.3% | 0.4% | +0.1 pts | +74,261 sh | +43% |
| Increased | ABBOTT LABS (ABT) | 0.4% | 0.6% | +0.2 pts | +73,837 sh | +24% |
| Increased | JOHNSON & JOHNSON (JNJ) | 1.5% | 1.6% | +0.2 pts | +44,901 sh | +7% |
| Increased | PROCTER AND GAMBLE CO (PG) | 1.0% | 1.2% | +0.3 pts | +52,048 sh | +10% |
| Reduced | ALLSTATE CORP (ALL) | 0.2% | 0.1% | −0.1 pts | −55,900 sh | −43% |
| Increased | UNITEDHEALTH GROUP INC (UNH) | 1.2% | 1.4% | +0.1 pts | +14,154 sh | +8% |
| Reduced | FORTUNE BRANDS INNOVATIONS I (FBIN) | 0.1% | 0.0% | −0.1 pts | −129K sh | −88% |
| Reduced | PFIZER INC (PFE) | 1.0% | 1.0% | 0.0 pts | −142K sh | −9% |
| Increased | COSTCO WHSL CORP NEW (COST) | 0.1% | 0.2% | +0.1 pts | +15,500 sh | +174% |
| Increased | CATERPILLAR INC (CAT) | 0.2% | 0.4% | +0.2 pts | +29,200 sh | +33% |
| Reduced | BANK NEW YORK MELLON CORP (BK) | 0.2% | 0.1% | −0.1 pts | −152K sh | −41% |
| Reduced | GENERAL MLS INC (GIS) | 0.3% | 0.2% | −0.1 pts | −80,400 sh | −29% |
| Reduced | US BANCORP DEL (USB) | 0.3% | 0.2% | −0.1 pts | −153K sh | −28% |
| Increased | MANULIFE FINL CORP (MFC) | 0.1% | 0.2% | +0.1 pts | +364K sh | +141% |
| Reduced | GARMIN LTD (GRMN) | 0.2% | 0.1% | −0.1 pts | −69,900 sh | −55% |
| Increased | PEPSICO INC (PEP) | 0.8% | 0.9% | +0.1 pts | +35,461 sh | +11% |
| Reduced | AUTOMATIC DATA PROCESSING IN (ADP) | 0.4% | 0.3% | −0.1 pts | −26,762 sh | −23% |
| Reduced | EXPEDITORS INTL WASH INC (EXPD) | 0.1% | 0.1% | −0.1 pts | −59,756 sh | −53% |
| Reduced | MONOLITHIC PWR SYS INC (MPWR) | 0.1% | 0.0% | −0.1 pts | −17,000 sh | −78% |
| Increased | APPLE INC (AAPL) | 6.2% | 5.7% | −0.5 pts | +45,944 sh | +1% |
| Reduced | ACTIVISION BLIZZARD INC (ATVI) | 0.3% | 0.2% | −0.1 pts | −77,700 sh | −33% |
| Increased | CONOCOPHILLIPS (COP) | 0.0% | 0.1% | +0.1 pts | +49,400 sh | +182% |
| Increased | BLACKSTONE INC (BX) | 0.1% | 0.2% | +0.1 pts | +77,415 sh | +77% |
| Increased | WALMART INC (WMT) | 0.5% | 0.6% | +0.1 pts | +40,389 sh | +14% |
| Increased | PNC FINL SVCS GROUP INC (PNC) | 0.2% | 0.2% | +0.1 pts | +35,700 sh | +50% |
| Increased | CISCO SYS INC (CSCO) | 0.5% | 0.6% | +0.1 pts | +115K sh | +13% |
| Reduced | ASSURANT INC (AIZ) | 0.1% | 0.0% | −0.1 pts | −43,500 sh | −84% |
| Reduced | CHURCH & DWIGHT CO INC (CHD) | 0.1% | 0.1% | −0.1 pts | −67,245 sh | −50% |
| Increased | KINDER MORGAN INC DEL (KMI) | 0.0% | 0.1% | +0.1 pts | +286K sh | +830% |
| Reduced | MICROSOFT CORP (MSFT) | 5.1% | 5.0% | −0.1 pts | −20,703 sh | −1% |
| Reduced | BOOZ ALLEN HAMILTON HLDG COR (BAH) | 0.1% | 0.0% | −0.1 pts | −47,400 sh | −84% |
| Reduced | OMNICOM GROUP INC (OMC) | 0.1% | 0.1% | 0.0 pts | −59,300 sh | −42% |
| Exited | TWITTER INC (TWTR) | 0.1% | — | −0.1 pts | −103K sh | −100% |
The 50 largest of 446 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- ATLASSIAN CORPORATION (TEAM): G06242104 → 049468101, 22,334 → 22,334 shares
Top 10 positions — 22.2% of the equity book
Changes in the top 10 this quarter: PG entered · ABBV entered · TSEM left · PFE left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 6.2% | 5.7% | |
| 2 | MICROSOFT CORP (MSFT) | 5.1% | 5.0% | |
| 3 | BLACKSTONE SECD LENDING FD (BXSL) | 4.0% | 2.0% | |
| 4 | ICL GROUP LTD (ICL) | 2.3% | 1.9% | |
| 5 | JOHNSON & JOHNSON (JNJ) | 1.5% | 1.6% | |
| 6 | UNITEDHEALTH GROUP INC (UNH) | 1.2% | 1.4% | |
| 7 | PROCTER AND GAMBLE CO (PG) | 1.0% | 1.2% | Entered the top 10 |
| 8 | ALPHABET INC (GOOGL) | 1.3% | 1.2% | |
| 9 | ALPHABET INC (GOOG) | 1.3% | 1.1% | |
| 10 | ABBVIE INC (ABBV) | 0.9% | 1.1% | Entered the top 10 |
| — | TOWER SEMICONDUCTOR LTD (TSEM) | 3.7% | 0.0% | Left the top 10 |
| — | PFIZER INC (PFE) | 1.0% | 1.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).