USS Investment Management Ltd

Q3 2025 13F-HR Holdings

Location
London, X0
Holdings as of
9/30/2025
Date filed
11/13/2025
Form type
13F-HR
Num holdings
526
Total value ($000)
$21,989,278
Net value change ($000)
+5,113,150 (30.3%)
New positions
7
Sold out positions
4
Turnover %
8.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/14/2025 Next filing: 2/13/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 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 2,180,301 72.2%
VOO 668,778 NEW
IVV 668,301 NEW
QQQM 376,609 NEW
AMZN 252,238 76.8%
AAPL 115,632 24.1%
NVDA 107,719 17.9%
APH 92,032 108.7%
TSEM 89,025 64.2%
ROL 80,295 2397.6%
Top Reduces (Value $000, Stocks/ETFs)
ACN -195,144 -88.7%
MAR -55,291 -27.9%
EWT -51,345 -100.0%
YUM -47,819 -25.0%
OTIS -39,875 -22.0%
V -35,408 -9.9%
VRSK -21,379 -8.5%
SPGI -19,895 -7.7%
CL -18,523 -12.0%
EWY -12,895 -15.7%
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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type