Pensioenfonds Rail & Ov
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed September 22, 2026), Pensioenfonds Rail & Ov reported 37 stock positions worth $1.4 billion. Its top holding was Amphenol Class A (APH) at 3.4% of the portfolio, followed by Microchip Technology (MCHP, 3.3%) and CDW (CDW, 3.2%). Compared with Q4 2023, it opened 1 new position and reduced 35. The biggest buy was a new position in CDW (CDW) and the biggest sale CVS Health (CVS, shares −99%).
- Most Recent 13F
- Q1 2025
- Location
- UTRECHT, P7
- CIK
- 0001218761
- Portfolio Value
- $1.4B (Q1 2024)
- SEC Filing
- 0001218761-26-000011 ↗ filed Sep 22, 2026
Holdings Value
Holdings 37 stocks · $1.4B
| APH Amphenol Corp. Class A | 3.42% | 408,996 | $47.2M | Reduce -31.7% |
| MCHP Microchip Technology Inc. | 3.32% | 510,579 | $45.8M | Reduce -18.7% |
| CDW CDW Corp. | 3.25% | 174,802 | $44.7M | New |
| ADI Analog Devices Inc. | 3.17% | 220,755 | $43.7M | Reduce -21.1% |
| MSFT Microsoft Corp. | 3.15% | 103,305 | $43.5M | Reduce -35.9% |
| ICLR Icon PLC | 3.10% | 127,014 | $42.7M | Reduce -28.1% |
| FDX FedEx Corp. | 3.04% | 144,326 | $41.8M | Reduce -15.2% |
| AZO AutoZone Inc. | 2.99% | 13,072 | $41.2M | Reduce -32.5% |
| TXRH Texas Roadhouse Inc. | 2.96% | 264,178 | $40.8M | Reduce -34.6% |
| DG Dollar General Corp. | 2.91% | 257,278 | $40.2M | Reduce -3.8% |
| ECL Ecolab Inc. | 2.91% | 173,466 | $40.1M | Reduce -32.8% |
| WWD Woodward Inc. | 2.87% | 256,302 | $39.5M | Reduce -21.5% |
| CASY Casey's General Stores Inc. | 2.86% | 123,870 | $39.4M | Reduce -31.1% |
| TSCO Tractor Supply Company | 2.84% | 149,656 | $39.2M | Reduce -30.2% |
| BALL Ball Corp. | 2.84% | 580,681 | $39.1M | Reduce -26.0% |
| OTIS Otis Worldwide Corp. | 2.78% | 386,140 | $38.3M | Reduce -22.5% |
| AXP American Express Co. | 2.76% | 166,757 | $38.0M | Reduce -38.0% |
| AON Aon PLC Class A | 2.76% | 113,764 | $38.0M | Reduce -24.1% |
| TMO Thermo Fisher Scientific Inc. | 2.72% | 64,381 | $37.4M | Reduce -25.4% |
| COR Cencora Inc. | 2.71% | 153,798 | $37.4M | Reduce -39.8% |
| BAX Baxter International Inc. | 2.70% | 869,536 | $37.2M | Reduce -20.3% |
| SYK Stryker Corp. | 2.69% | 103,745 | $37.1M | Reduce -37.8% |
| STT State Street Corp. | 2.68% | 477,447 | $36.9M | Reduce -25.8% |
| ATO Atmos Energy Corp. | 2.67% | 309,128 | $36.7M | Reduce -23.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.65% | 360,383 | $36.6M | Reduce -34.8% |
| PPG PPG Industries Inc. | 2.63% | 249,942 | $36.2M | Reduce -20.3% |
| ODFL Old Dominion Freight Line | 2.62% | 164,848 | $36.2M | Reduce -25.0% |
| PEP Pepsico Inc. | 2.62% | 206,500 | $36.1M | Reduce -19.1% |
| BDX Becton Dickinson and Co. | 2.60% | 144,683 | $35.8M | Reduce -16.5% |
| ULTA Ulta Beauty Inc. | 2.55% | 67,287 | $35.2M | Reduce -37.9% |
| BKNG Booking Holdings Inc. | 2.46% | 9,336 | $33.9M | Reduce -36.5% |
| ACN Accenture PLC Class A | 2.42% | 96,149 | $33.3M | Reduce -32.4% |
| TTC Toro Co. | 2.40% | 360,191 | $33.0M | Reduce -17.1% |
| GL Globe Life Inc. | 2.36% | 279,970 | $32.6M | Reduce -32.4% |
| ALB Albemarle Corp. | 2.31% | 241,560 | $31.8M | No change |
| NKE Nike Inc. Class B | 2.24% | 328,407 | $30.9M | Reduce -23.8% |
| CVS CVS Health Corp. | 0.03% | 4,672 | $373K | Reduce -99.3% |
Portfolio Sells Q4 2023 → Q1 2024
| CVS CVS Health Corp. | Reduce -99.3% | 0.03% | −2.91 |
| BKNG Booking Holdings Inc. | Reduce -36.5% | 2.46% | −0.56 |
| GL Globe Life Inc. | Reduce -32.4% | 2.36% | −0.54 |
| ULTA Ulta Beauty Inc. | Reduce -37.9% | 2.55% | −0.51 |
| NKE Nike Inc. Class B | Reduce -23.8% | 2.24% | −0.46 |
| ACN Accenture PLC Class A | Reduce -32.4% | 2.42% | −0.46 |
| MSFT Microsoft Corp. | Reduce -35.9% | 3.15% | −0.34 |
| TJX TJX Companies Inc. | Reduce -34.8% | 2.65% | −0.34 |
| COR Cencora Inc. | Reduce -39.8% | 2.71% | −0.32 |
| STT State Street Corp. | Reduce -25.8% | 2.68% | −0.20 |
| SYK Stryker Corp. | Reduce -37.8% | 2.69% | −0.19 |
| AXP American Express Co. | Reduce -38.0% | 2.76% | −0.16 |
| PPG PPG Industries Inc. | Reduce -20.3% | 2.63% | −0.08 |
| ECL Ecolab Inc. | Reduce -32.8% | 2.91% | −0.05 |
| ADI Analog Devices Inc. | Reduce -21.1% | 3.17% | −0.04 |
| ATO Atmos Energy Corp. | Reduce -23.5% | 2.67% | −0.04 |
| TTC Toro Co. | Reduce -17.1% | 2.40% | −0.01 |
| APH Amphenol Corp. Class A | Reduce -31.7% | 3.42% | −0.00 |
| CASY Casey's General Stores Inc. | Reduce -31.1% | 2.86% | +0.01 |
| ODFL Old Dominion Freight Line | Reduce -25.0% | 2.62% | +0.05 |
| MCHP Microchip Technology Inc. | Reduce -18.7% | 3.32% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -25.4% | 2.72% | +0.07 |
| AZO AutoZone Inc. | Reduce -32.5% | 2.99% | +0.10 |
| TXRH Texas Roadhouse Inc. | Reduce -34.6% | 2.96% | +0.11 |
| PEP Pepsico Inc. | Reduce -19.1% | 2.62% | +0.12 |
| BDX Becton Dickinson and Co. | Reduce -16.5% | 2.60% | +0.16 |
| TSCO Tractor Supply Company | Reduce -30.2% | 2.84% | +0.18 |
| OTIS Otis Worldwide Corp. | Reduce -22.5% | 2.78% | +0.21 |
| ICLR Icon PLC | Reduce -28.1% | 3.10% | +0.21 |
| BALL Ball Corp. | Reduce -26.0% | 2.84% | +0.23 |
| AON Aon PLC Class A | Reduce -24.1% | 2.76% | +0.24 |
| BAX Baxter International Inc. | Reduce -20.3% | 2.70% | +0.26 |
| WWD Woodward Inc. | Reduce -21.5% | 2.87% | +0.30 |
| FDX FedEx Corp. | Reduce -15.2% | 3.04% | +0.55 |
| DG Dollar General Corp. | Reduce -3.8% | 2.91% | +0.82 |
Portfolio Buys Q4 2023 → Q1 2024
| CDW CDW Corp. | New | 3.25% | +3.25 |