USS Investment Management Ltd's Q3 2026 13F: 47 new positions, 30 exits
Form 13F-HR for the quarter ended Sep 30, 2026 · filed Nov 10, 2026 · 635 reported positions · accession 0000919574-26-007532
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | VANGUARD INDEX FDS (VOO) | 3.9% | 3.1% | −0.8 pts | −475K sh | −30% |
| Reduced | COLGATE PALMOLIVE CO (CL) | 0.7% | 0.5% | −0.3 pts | −813K sh | −37% |
| Increased | CISCO SYS INC (CSCO) | 0.5% | 0.8% | +0.3 pts | +563K sh | +46% |
| Reduced | MARRIOTT INTL INC NEW (MAR) | 0.2% | 0.1% | −0.2 pts | −146K sh | −80% |
| Reduced | PDD HOLDINGS INC (PDD) | 0.2% | 0.0% | −0.2 pts | −567K sh | −98% |
| Reduced | HOME DEPOT INC (HD) | 0.4% | 0.2% | −0.2 pts | −149K sh | −49% |
| Reduced | AMPHENOL CORP (APH) | 1.2% | 1.1% | −0.1 pts | −415K sh | −11% |
| Increased | KLA CORP (KLAC) | 1.7% | 1.4% | −0.3 pts | +176K sh | +11% |
| Increased | LAM RESEARCH CORP (LRCX) | 0.4% | 0.4% | +0.1 pts | +89,613 sh | +38% |
| Increased | LATTICE SEMICONDUCTOR CORP (LSCC) | 0.1% | 0.2% | +0.1 pts | +195K sh | +102% |
| New | MANHATTAN ASSOCIATES INC (MANH) | — | 0.1% | +0.1 pts | +113K sh | new |
| Reduced | MODINE MFG CO (MOD) | 0.1% | 0.0% | −0.1 pts | −119K sh | −97% |
| New | WEATHERFORD INTL PLC (WFRD) | — | 0.1% | +0.1 pts | +276K sh | new |
| Increased | ALNYLAM PHARMACEUTICALS INC (ALNY) | 0.0% | 0.1% | +0.1 pts | +83,430 sh | +242% |
| New | HEALTHEQUITY INC (HQY) | — | 0.1% | +0.1 pts | +231K sh | new |
| Reduced | PROCTER & GAMBLE CO (PG) | 0.6% | 0.6% | 0.0 pts | −138K sh | −11% |
| Reduced | TWIST BIOSCIENCE CORP (TWST) | 0.1% | 0.1% | 0.0 pts | −99,522 sh | −41% |
| Reduced | FOMENTO ECONOMICO MEXICANO S (FMX) | 0.2% | 0.1% | −0.1 pts | −157K sh | −35% |
| Exited | ISHARES INC (EWY) | 0.1% | — | −0.1 pts | −102K sh | −100% |
| Reduced | ROLLINS INC (ROL) | 0.5% | 0.4% | −0.2 pts | −597K sh | −17% |
| Exited | STMICROELECTRONICS N V (STM) | 0.1% | — | −0.1 pts | −255K sh | −100% |
| Increased | OKTA INC (OKTA) | 0.0% | 0.1% | +0.1 pts | +78,101 sh | +510% |
| Increased | MEDTRONIC PLC (MDT) | 0.7% | 0.9% | +0.2 pts | +189K sh | +7% |
| Reduced | FERRARI N V (RACE) | 0.3% | 0.3% | 0.0 pts | −40,830 sh | −17% |
| Increased | NVIDIA CORPORATION (NVDA) | 3.0% | 3.9% | +0.9 pts | +69,183 sh | +2% |
| Increased | RBC BEARINGS INC (RBC) | 0.1% | 0.2% | 0.0 pts | +30,388 sh | +61% |
| Increased | AON PLC (AON) | 0.6% | 0.6% | 0.0 pts | +54,183 sh | +10% |
| New | CLEAN HARBORS INC (CLH) | — | 0.1% | +0.1 pts | +47,527 sh | new |
| Reduced | GOLD FIELDS LTD (GFI) | 0.2% | 0.2% | 0.0 pts | −396K sh | −24% |
| Reduced | MONOLITHIC PWR SYS INC (MPWR) | 0.1% | 0.1% | 0.0 pts | −10,308 sh | −47% |
| Increased | FOX CORP (FOXA) | 0.0% | 0.1% | +0.1 pts | +207K sh | +459% |
| Increased | VERISK ANALYTICS INC (VRSK) | 0.4% | 0.5% | +0.1 pts | +75,531 sh | +12% |
| Increased | BROADCOM INC (AVGO) | 1.0% | 1.1% | +0.1 pts | +35,988 sh | +5% |
| Reduced | NETFLIX INC. (NFLX) | 0.2% | 0.2% | 0.0 pts | −178K sh | −18% |
| Reduced | COUPANG INC (CPNG) | 0.1% | 0.0% | −0.1 pts | −886K sh | −74% |
| Reduced | ROBLOX CORP (RBLX) | 0.1% | 0.0% | −0.1 pts | −279K sh | −55% |
| New | 10X GENOMICS INC (TXG) | — | 0.0% | 0.0 pts | +130K sh | new |
| Exited | TRADEWEB MKTS INC (TW) | 0.0% | — | 0.0 pts | −127K sh | −100% |
| New | KINSALE CAP GROUP INC (KNSL) | — | 0.0% | 0.0 pts | +34,430 sh | new |
| Increased | SPACE EXPLORATION TECHN CORP (SPCX) | 0.1% | 0.1% | 0.0 pts | +72,764 sh | +57% |
| Exited | ASML HLDG NV (ASML) | 0.0% | — | 0.0 pts | −6,100 sh | −100% |
| New | CONSTRUCTION PARTNERS INC (ROAD) | — | 0.0% | 0.0 pts | +121K sh | new |
| New |
TEVA PHARMACEUTICAL INDS LTD (TEVA)
new — newly listed security (e.g. spin-off)
|
— | 0.0% | 0.0 pts | +271K sh | new |
| Exited | FTAI AVIATION LTD (FTAI) | 0.0% | — | 0.0 pts | −42,285 sh | −100% |
| Increased | IRHYTHM HOLDINGS INC (IRTC) | 0.0% | 0.1% | 0.0 pts | +90,772 sh | +85% |
| New | LINDBLAD EXPEDITIONS HLDGS I (LIND) | — | 0.0% | 0.0 pts | +327K sh | new |
| Reduced | APPLE INC (AAPL) | 2.4% | 3.0% | +0.6 pts | −30,232 sh | −1% |
| Reduced | WAYSTAR HLDG CORP (WAY) | 0.0% | 0.0% | 0.0 pts | −395K sh | −96% |
| Reduced | COHERENT CORP (COHR) | 0.1% | 0.0% | −0.1 pts | −34,223 sh | −46% |
| Reduced | US FOODS HLDG CORP (USFD) | 0.1% | 0.1% | 0.0 pts | −105K sh | −41% |
The 50 largest of 378 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:
- ONEOK INC NEW (OKE): 682680103 → 30609A109, 123K → 116K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 48.6% of the equity book
Changes in the top 10 this quarter: V entered · KLAC entered · GOOGL entered · ENLT left · NVMI left · TSEM left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR SERIES TRUST (SPYM) | 21.0% | 23.7% | |
| 2 | ISHARES TR (IVV) | 3.5% | 3.9% | |
| 3 | NVIDIA CORPORATION (NVDA) | 3.0% | 3.9% | |
| 4 | MICROSOFT CORP (MSFT) | 2.4% | 3.7% | |
| 5 | AMAZON COM INC (AMZN) | 2.9% | 3.3% | |
| 6 | VANGUARD INDEX FDS (VOO) | 3.9% | 3.1% | |
| 7 | APPLE INC (AAPL) | 2.4% | 3.0% | |
| 8 | VISA INC (V) | 1.2% | 1.4% | Entered the top 10 |
| 9 | KLA CORP (KLAC) | 1.7% | 1.4% | Entered the top 10 |
| 10 | ALPHABET INC (GOOGL) | 1.2% | 1.2% | Entered the top 10 |
| — | ENLIGHT RENEWABLE ENERGY LTD (ENLT) | 2.6% | 0.0% | Left the top 10 |
| — | NOVA LTD (NVMI) | 2.5% | 0.0% | Left the top 10 |
| — | TOWER SEMICONDUCTOR LTD (TSEM) | 2.4% | 0.0% | 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).