Board of the Pension Protection Fund

Board of the Pension Protection Fund as of Dec. 31, 2025

Portfolio Holdings for Board of the Pension Protection Fund

Board of the Pension Protection Fund holds 251 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Centene Corporation (CNC) 1.8 $1.9M 45k 41.15
Twilio Cl A (TWLO) 1.8 $1.8M 13k 142.24
Zoom Communications Cl A (ZM) 1.8 $1.8M 21k 86.29
PG&E Corporation (PCG) 1.7 $1.8M 114k 16.07
General Motors Company (GM) 1.7 $1.8M 22k 81.32
Fox Corp Cl A Com (FOXA) 1.7 $1.8M 25k 73.07
Fox Corp Cl B Com (FOX) 1.7 $1.8M 28k 64.93
Expedia Group Com New (EXPE) 1.7 $1.8M 6.2k 283.31
Omni (OMC) 1.7 $1.8M 22k 80.75
Everest Re Group (EG) 1.7 $1.7M 5.1k 339.35
American Intl Group Com New (AIG) 1.6 $1.7M 20k 85.55
Hewlett Packard Enterprise (HPE) 1.6 $1.7M 72k 24.02
W.R. Berkley Corporation (WRB) 1.6 $1.7M 24k 70.12
Edison International (EIX) 1.6 $1.7M 28k 60.02
Cognizant Technology Solutio Cl A (CTSH) 1.6 $1.7M 20k 83.00
Loews Corporation (L) 1.6 $1.7M 16k 105.31
Comcast Corp Cl A (CMCSA) 1.6 $1.7M 56k 29.89
Travelers Companies (TRV) 1.6 $1.7M 5.8k 290.06
Arch Cap Group Ord (ACGL) 1.6 $1.7M 17k 95.92
Equitable Holdings (EQH) 1.6 $1.7M 35k 47.65
Ford Motor Company (F) 1.6 $1.7M 126k 13.12
Synchrony Financial (SYF) 1.6 $1.7M 20k 83.43
Principal Financial (PFG) 1.6 $1.6M 19k 88.21
Docusign (DOCU) 1.6 $1.6M 24k 68.40
Halliburton Company (HAL) 1.6 $1.6M 58k 28.26
Huntington Bancshares Incorporated (HBAN) 1.6 $1.6M 94k 17.35
Regions Financial Corporation (RF) 1.6 $1.6M 60k 27.10
Flex Ord (FLEX) 1.5 $1.6M 27k 60.42
Cincinnati Financial Corporation (CINF) 1.5 $1.6M 9.9k 163.32
Nortonlifelock (GEN) 1.5 $1.6M 59k 27.19
Franklin Resources (BEN) 1.5 $1.6M 67k 23.89
MetLife (MET) 1.5 $1.6M 20k 78.94
Prudential Financial (PRU) 1.5 $1.6M 14k 112.88
Hartford Financial Services (HIG) 1.5 $1.6M 11k 137.80
Avery Dennison Corporation (AVY) 1.5 $1.6M 8.6k 181.88
Cabot Oil & Gas Corporation (CTRA) 1.5 $1.6M 59k 26.32
Amcor Ord (AMCR) 1.5 $1.6M 187k 8.34
Hldgs (UAL) 1.5 $1.5M 14k 111.82
News Corp CL B (NWS) 1.5 $1.5M 52k 29.63
Textron (TXT) 1.5 $1.5M 18k 87.17
News Corp Cl A (NWSA) 1.5 $1.5M 59k 26.12
Fidelity National Financial Com Shs (FNF) 1.5 $1.5M 28k 54.59
Verizon Communications (VZ) 1.4 $1.5M 37k 40.73
Delta Air Lines Inc Del Com New (DAL) 1.4 $1.5M 22k 69.40
CNA Financial Corporation (CNA) 1.4 $1.5M 31k 47.74
Godaddy Cl A (GDDY) 1.4 $1.5M 12k 124.08
Liberty Media Corp Del Com Lbty One S A (FWONA) 1.4 $1.4M 16k 89.38
Global Payments (GPN) 1.4 $1.4M 19k 77.40
Smurfit Westrock SHS (SW) 1.4 $1.4M 37k 38.67
Aptiv Com Shs (APTV) 1.3 $1.4M 19k 76.09
Cnh Indl N V SHS (CNH) 1.3 $1.4M 152k 9.22
Dell Technologies CL C (DELL) 1.3 $1.4M 11k 125.88
Hp (HPQ) 1.3 $1.3M 59k 22.28
Pinterest Cl A (PINS) 1.2 $1.3M 51k 25.89
Charter Communications Inc N Cl A (CHTR) 1.2 $1.3M 6.1k 208.75
Brown Forman Corp Cl A (BF.A) 1.2 $1.3M 48k 26.31
Dow (DOW) 1.2 $1.3M 54k 23.38
Builders FirstSource (BLDR) 1.1 $1.2M 11k 102.89
Cdw (CDW) 1.1 $1.1M 8.1k 136.20
Lennar Corp CL B (LEN.B) 1.0 $1.1M 11k 95.12
Super Micro Computer Com New (SMCI) 0.9 $945k 32k 29.27
Lyondellbasell Industries N Shs - A - (LYB) 0.5 $537k 12k 43.30
First Ctzns Bancshares Inc D Cl A (FCNCA) 0.4 $429k 200.00 2146.18
Royalty Pharma Shs Class A (RPRX) 0.3 $305k 7.9k 38.64
Molina Healthcare (MOH) 0.3 $295k 1.7k 173.54
First Solar (FSLR) 0.2 $261k 1.0k 261.23
Baxter International (BAX) 0.2 $254k 13k 19.11
Cigna Corp (CI) 0.2 $198k 720.00 275.23
Leidos Holdings (LDOS) 0.2 $180k 1.0k 180.40
Fortive (FTV) 0.2 $177k 3.2k 55.21
Kroger (KR) 0.1 $113k 1.8k 62.48
Exelon Corporation (EXC) 0.1 $109k 2.5k 43.59
Fiserv (FI) 0.1 $108k 1.6k 67.17
Kraft Heinz (KHC) 0.1 $104k 4.3k 24.25
Consolidated Edison (ED) 0.1 $99k 1.0k 99.32
Hologic (HOLX) 0.1 $97k 1.3k 74.49
Nrg Energy Com New (NRG) 0.1 $96k 600.00 159.24
Hormel Foods Corporation (HRL) 0.1 $92k 3.9k 23.70
American Water Works (AWK) 0.1 $91k 700.00 130.50
NiSource (NI) 0.1 $79k 1.9k 41.76
Citizens Financial (CFG) 0.1 $76k 1.3k 58.41
NetApp (NTAP) 0.1 $75k 700.00 107.09
Qnity Electronics Common Stock 0.1 $74k 900.00 81.65
CenterPoint Energy (CNP) 0.1 $73k 1.9k 38.34
Key (KEY) 0.1 $72k 3.5k 20.64
Pfizer (PFE) 0.1 $72k 2.9k 24.90
Zimmer Holdings (ZBH) 0.1 $72k 800.00 89.92
CVS Caremark Corporation (CVS) 0.1 $71k 900.00 79.36
Fifth Third Ban (FITB) 0.1 $70k 1.5k 46.81
Bristol Myers Squibb (BMY) 0.1 $70k 1.3k 53.94
Ss&c Technologies Holding (SSNC) 0.1 $70k 800.00 87.42
Eversource Energy (ES) 0.1 $67k 1.0k 67.33
Atmos Energy Corporation (ATO) 0.1 $67k 400.00 167.63
Raymond James Financial (RJF) 0.1 $64k 400.00 160.59
Paypal Holdings (PYPL) 0.1 $64k 1.1k 58.38
Us Bancorp Del Com New (USB) 0.1 $64k 1.2k 53.36
Brown Forman Corp CL B (BF.B) 0.1 $63k 2.4k 26.06
F5 Networks (FFIV) 0.1 $61k 240.00 255.26
Gartner (IT) 0.1 $61k 240.00 252.28
M&T Bank Corporation (MTB) 0.1 $60k 300.00 201.48
Ameriprise Financial (AMP) 0.1 $59k 120.00 490.34
Block Cl A (XYZ) 0.1 $59k 900.00 65.09
Public Service Enterprise (PEG) 0.1 $56k 700.00 80.30
Anthem (ELV) 0.1 $56k 160.00 350.55
Adobe Systems Incorporated (ADBE) 0.1 $56k 160.00 349.99
SLB Com Stk (SLB) 0.1 $54k 1.4k 38.38
Biogen Idec (BIIB) 0.1 $53k 300.00 175.99
Merck & Co (MRK) 0.1 $53k 500.00 105.26
Quest Diagnostics Incorporated (DGX) 0.0 $52k 300.00 173.53
Okta Cl A (OKTA) 0.0 $52k 600.00 86.47
F&g Annuities & Life Common Stock (FG) 0.0 $52k 1.7k 30.85
Humana (HUM) 0.0 $51k 200.00 256.13
Labcorp Holdings Com Shs (LH) 0.0 $50k 200.00 250.88
Chubb (CB) 0.0 $50k 160.00 312.12
Southwest Airlines (LUV) 0.0 $50k 1.2k 41.33
Incyte Corporation (INCY) 0.0 $49k 500.00 98.77
Ge Healthcare Technologies I Common Stock (GEHC) 0.0 $49k 600.00 82.02
Corpay Com Shs (CPAY) 0.0 $48k 160.00 300.93
Align Technology (ALGN) 0.0 $47k 300.00 156.15
Dex (DXCM) 0.0 $47k 700.00 66.37
Bank of New York Mellon Corporation (BK) 0.0 $46k 400.00 116.09
Progressive Corporation (PGR) 0.0 $46k 200.00 227.72
Expeditors International of Washington (EXPD) 0.0 $45k 300.00 149.01
AFLAC Incorporated (AFL) 0.0 $44k 400.00 110.27
Devon Energy Corporation (DVN) 0.0 $44k 1.2k 36.63
ON Semiconductor (ON) 0.0 $43k 800.00 54.15
Markel Corporation (MKL) 0.0 $43k 20.00 2149.65
Constellation Energy (CEG) 0.0 $42k 120.00 353.27
Allstate Corporation (ALL) 0.0 $42k 200.00 208.15
Snap-on Incorporated (SNA) 0.0 $41k 120.00 344.60
Cardinal Health (CAH) 0.0 $41k 200.00 205.50
Cooper Cos (COO) 0.0 $41k 500.00 81.96
T. Rowe Price (TROW) 0.0 $41k 400.00 102.38
Teledyne Technologies Incorporated (TDY) 0.0 $41k 80.00 510.73
AmerisourceBergen (COR) 0.0 $41k 120.00 337.75
CSX Corporation (CSX) 0.0 $40k 1.1k 36.25
Brown & Brown (BRO) 0.0 $40k 500.00 79.70
Jacobs Engineering Group (J) 0.0 $40k 300.00 132.46
UnitedHealth (UNH) 0.0 $40k 120.00 330.11
Trimble Navigation (TRMB) 0.0 $39k 500.00 78.35
Verisign (VRSN) 0.0 $39k 160.00 242.95
J.B. Hunt Transport Services (JBHT) 0.0 $39k 200.00 194.34
Zebra Technologies Corporati Cl A (ZBRA) 0.0 $39k 160.00 242.82
Becton, Dickinson and (BDX) 0.0 $39k 200.00 194.07
State Street Corporation (STT) 0.0 $39k 300.00 129.01
ResMed (RMD) 0.0 $39k 160.00 240.87
Microchip Technology (MCHP) 0.0 $38k 600.00 63.72
Masco Corporation (MAS) 0.0 $38k 600.00 63.46
Zoetis Cl A (ZTS) 0.0 $38k 300.00 125.82
Abbott Laboratories (ABT) 0.0 $38k 300.00 125.29
Hca Holdings (HCA) 0.0 $37k 80.00 466.86
Gilead Sciences (GILD) 0.0 $37k 300.00 122.74
Oneok (OKE) 0.0 $37k 500.00 73.50
Roper Industries (ROP) 0.0 $36k 80.00 445.12
Sempra Energy (SRE) 0.0 $35k 400.00 88.29
Copart (CPRT) 0.0 $35k 900.00 39.15
L3harris Technologies (LHX) 0.0 $35k 120.00 293.57
Otis Worldwide Corp (OTIS) 0.0 $35k 400.00 87.35
Ptc (PTC) 0.0 $35k 200.00 174.21
FactSet Research Systems (FDS) 0.0 $35k 120.00 290.19
Qualcomm (QCOM) 0.0 $34k 200.00 171.05
Edwards Lifesciences (EW) 0.0 $34k 400.00 85.25
Solstice Advanced Matls Com Shs 0.0 $34k 700.00 48.58
Paychex (PAYX) 0.0 $34k 300.00 112.18
Pure Storage Cl A (PSTG) 0.0 $34k 500.00 67.01
Paccar (PCAR) 0.0 $33k 300.00 109.51
McKesson Corporation (MCK) 0.0 $33k 40.00 820.30
Uber Technologies (UBER) 0.0 $33k 400.00 81.71
Valero Energy Corporation (VLO) 0.0 $33k 200.00 162.79
Marathon Petroleum Corp (MPC) 0.0 $33k 200.00 162.63
Atlassian Corporation Cl A (TEAM) 0.0 $32k 200.00 162.14
United Rentals (URI) 0.0 $32k 40.00 809.33
Baker Hughes Company Cl A (BKR) 0.0 $32k 700.00 45.54
Allegion Ord Shs (ALLE) 0.0 $32k 200.00 159.22
Carrier Global Corporation (CARR) 0.0 $32k 600.00 52.84
EOG Resources (EOG) 0.0 $32k 300.00 105.01
Pentair SHS (PNR) 0.0 $31k 300.00 104.14
Regeneron Pharmaceuticals (REGN) 0.0 $31k 40.00 771.88
Automatic Data Processing (ADP) 0.0 $31k 120.00 257.23
Cisco Systems (CSCO) 0.0 $31k 400.00 77.03
Heico Corp Cl A (HEI.A) 0.0 $30k 120.00 252.43
Rollins (ROL) 0.0 $30k 500.00 60.02
Veralto Corp Com Shs (VLTO) 0.0 $30k 300.00 99.78
FedEx Corporation (FDX) 0.0 $29k 100.00 288.86
Medtronic SHS (MDT) 0.0 $29k 300.00 96.06
Boston Scientific Corporation (BSX) 0.0 $29k 300.00 95.35
ConocoPhillips (COP) 0.0 $28k 300.00 93.61
Kinder Morgan (KMI) 0.0 $28k 1.0k 27.49
Northern Trust Corporation (NTRS) 0.0 $27k 200.00 136.59
Xylem (XYL) 0.0 $27k 200.00 136.18
Agilent Technologies Inc C ommon (A) 0.0 $27k 200.00 136.07
Amphenol Corp Cl A (APH) 0.0 $27k 200.00 135.14
Applovin Corp Com Cl A (APP) 0.0 $27k 40.00 673.83
General Dynamics Corporation (GD) 0.0 $27k 80.00 336.66
Verisk Analytics (VRSK) 0.0 $27k 120.00 223.69
Accenture Plc Ireland Shs Class A (ACN) 0.0 $27k 100.00 268.30
Veeva Sys Cl A Com (VEEV) 0.0 $27k 120.00 223.23
salesforce (CRM) 0.0 $27k 100.00 264.91
Ball Corporation (BALL) 0.0 $27k 500.00 52.97
Illumina (ILMN) 0.0 $26k 200.00 131.16
Arista Networks Com Shs (ANET) 0.0 $26k 200.00 131.03
Amgen (AMGN) 0.0 $26k 80.00 327.31
HEICO Corporation (HEI) 0.0 $26k 80.00 323.59
Phillips 66 (PSX) 0.0 $26k 200.00 129.04
Transunion (TRU) 0.0 $26k 300.00 85.75
Eaton Corp SHS (ETN) 0.0 $26k 80.00 318.51
Steris Shs Usd (STE) 0.0 $25k 100.00 253.52
CRH Ord (CRH) 0.0 $25k 200.00 124.80
Occidental Petroleum Corporation (OXY) 0.0 $25k 600.00 41.12
Dupont De Nemours (DD) 0.0 $24k 600.00 40.20
Exxon Mobil Corporation (XOM) 0.0 $24k 200.00 120.34
Fortinet (FTNT) 0.0 $24k 300.00 79.41
Ingersoll Rand (IR) 0.0 $24k 300.00 79.22
Autodesk (ADSK) 0.0 $24k 80.00 296.01
International Paper Company (IP) 0.0 $24k 600.00 39.39
Abbvie (ABBV) 0.0 $23k 100.00 228.49
Northrop Grumman Corporation (NOC) 0.0 $23k 40.00 570.20
Te Connectivity Ord Shs (TEL) 0.0 $23k 100.00 227.51
Insulet Corporation (PODD) 0.0 $23k 80.00 284.24
Iqvia Holdings (IQV) 0.0 $23k 100.00 225.41
Broadridge Financial Solutions (BR) 0.0 $22k 100.00 223.17
Ferguson Enterprises Common Stock New (FERG) 0.0 $22k 100.00 222.63
Chesapeake Energy Corp (EXE) 0.0 $22k 200.00 110.36
West Pharmaceutical Services (WST) 0.0 $22k 80.00 275.14
Waste Management (WM) 0.0 $22k 100.00 219.71
Nxp Semiconductors N V (NXPI) 0.0 $22k 100.00 217.06
Workday Cl A (WDAY) 0.0 $22k 100.00 214.78
EQT Corporation (EQT) 0.0 $21k 400.00 53.60
Wabtec Corporation (WAB) 0.0 $21k 100.00 213.45
Packaging Corporation of America (PKG) 0.0 $21k 100.00 206.23
Cummins (CMI) 0.0 $20k 40.00 510.45
Keysight Technologies (KEYS) 0.0 $20k 100.00 203.19
Corteva (CTVA) 0.0 $20k 300.00 67.03
Newmont Mining Corporation (NEM) 0.0 $20k 200.00 99.85
Dover Corporation (DOV) 0.0 $20k 100.00 195.24
Cheniere Energy Com New (LNG) 0.0 $19k 100.00 194.39
NVIDIA Corporation (NVDA) 0.0 $19k 100.00 186.50
Targa Res Corp (TRGP) 0.0 $19k 100.00 184.50
Palo Alto Networks (PANW) 0.0 $18k 100.00 184.20
Tyler Technologies (TYL) 0.0 $18k 40.00 453.95
IDEX Corporation (IEX) 0.0 $18k 100.00 177.94
Hubbell (HUBB) 0.0 $18k 40.00 444.10
Lam Research Corp Com New (LRCX) 0.0 $17k 100.00 171.18
Steel Dynamics (STLD) 0.0 $17k 100.00 169.45
Quanta Services (PWR) 0.0 $17k 40.00 422.05
Nucor Corporation (NUE) 0.0 $16k 100.00 163.11
Vertiv Holdings Com Cl A (VRT) 0.0 $16k 100.00 162.01
Trane Technologies SHS (TT) 0.0 $16k 40.00 389.20
Chevron Corporation (CVX) 0.0 $15k 100.00 152.41
Diamondback Energy (FANG) 0.0 $15k 100.00 150.33
Mettler-Toledo International (MTD) 0.0 $14k 10.00 1394.20