USS Investment Management Ltd

Q2 2025 13F-HR Holdings

Location
London, X0
Holdings as of
6/30/2025
Date filed
8/14/2025
Form type
13F-HR
Num holdings
523
Total value ($000)
$16,876,128
Net value change ($000)
+3,184,354 (23.3%)
New positions
17
Sold out positions
27
Turnover %
1.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 5/15/2025 Next filing: 11/13/2025 SEC filing

Snapshot: Change Analysis

Compared to Q1 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SPYM 1,627,662 116.8%
MSFT 228,194 33.3%
NVDA 191,591 46.8%
CAMT 145,720 127.1%
NVMI 133,679 64.7%
AVGO 84,016 69.6%
TSEM 82,770 147.8%
FERG 68,915 36.0%
APH 68,328 418.0%
CDNS 62,498 63.4%
Top Reduces (Value $000, Stocks/ETFs)
UNH -94,981 -40.4%
OTIS -53,456 -22.8%
YUM -43,106 -18.4%
AAPL -39,030 -7.5%
AON -26,828 -10.5%
ICLR -16,790 -16.8%
JNJ -15,301 -7.8%
GEV -13,801 -97.4%
V -13,611 -3.7%
BABA -11,575 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type