SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Border to Coast Pensions Partnership Ltd

CIK 0001876496 · TORONTO SQUARE, TORONTO STREET, FLOOR 5, LEEDS, X0, LS1 2HJ · 0113 532 4396

Reported Value
$5.7B
Q3 2025
Positions
87
Filings on Record
25
2019–present window
Filed
Nov 5, 2025
original filing

Summary

Border To Coast Pensions Partnership Ltd reported $5.7B in U.S.-listed holdings across 87 positions for Q3 2025.

Its largest position, NVDA, represents 7.5% of the portfolio.

Compared with Q2 2025, the fund opened 6 new positions and exited 5.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+45.6%
share of reported value
Largest Position
+7.5%
Nvidia
New / Exited
6 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q3 ’22: $3.1BQ3 ’22Q4 ’22: $3.1BQ1 ’23: $3.7BQ1 ’23Q2 ’23: $4.0BQ3 ’23: $3.8BQ3 ’23Q4 ’23: $4.1BQ1 ’24: $4.5BQ1 ’24Q2 ’24: $4.2BQ3 ’24: $4.9BQ3 ’24Q4 ’24: $5.1BQ1 ’25: $4.9BQ1 ’25Q2 ’25: $5.4BQ3 ’25: $5.7BQ3 ’25Q4 ’25: $5.7BQ1 ’26: $5.9BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.5%ETP: 6.7%REIT: 4.2%ADR: 0.5%Closed-End Fund: 0.1%
  • Common Stock · 88.5% · $5.1B
  • ETP · 6.7% · $385M
  • REIT · 4.2% · $241M
  • ADR · 0.5% · $26M
  • Closed-End Fund · 0.1% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CRHCRH PLCNEW+364.9K364.9K+$44M$44M
WSTWest Pharmaceutical Services IncNEW+155.7K155.7K+$41M$41M
CDWCDW Corp/DENEW+186.1K186.1K+$30M$30M
NRGNRG Energy IncNEW+166.7K166.7K+$27M$27M
AUAnglogold Ashanti PlcNEW+218.6K218.6K+$15M$15M
OXLCOxford Lane Capital CorpNEW+440.0K440.0K+$7M$7M
ADPAutomatic Data Processing IncSOLD OUT−142.6K0−$44M$0
MCDMcDonald's CorpSOLD OUT−134.5K0−$39M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

82 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA Corphistory →Common Stock7.47%$429M2.30M
2MSFTMicrosoft Corphistory →Common Stock7.44%$427M824.8K
3VOVanguard Mid-Cap ETFhistory →ETP6.19%$355M1.21M
4AAPLApple Inchistory →Common Stock5.46%$313M1.23M
5GOOGLAlphabet Inchistory →Common Stock4.99%$287M1.18M
6AMZNAmazon.com Inchistory →Common Stock4.60%$264M1.20M
7AVGOBroadcom Inchistory →Common Stock2.94%$169M511.9K
8JPMJPMorgan Chase & Cohistory →Common Stock2.36%$136M430.2K
9METAMeta Platforms Inchistory →Common Stock2.11%$121M164.9K
10BRK/BBerkshire Hathaway Inchistory →Common Stock2.03%$116M231.3K
11UBSUBS Group AGhistory →Common Stock1.64%$94M2.31M
12NEENextEra Energy Inchistory →Common Stock1.60%$92M1.22M
13HDHome Depot Inc/Thehistory →Common Stock1.57%$90M222.4K
14WMTWalmart Inchistory →Common Stock1.56%$90M871.8K
15UNPUnion Pacific Corphistory →Common Stock1.45%$84M353.4K
16TMOThermo Fisher Scientific Inchistory →Common Stock1.44%$83M170.2K
17NFLXNetflix Inchistory →Common Stock1.37%$78M65.4K
18AMTAmerican Tower Corphistory →REIT1.31%$75M392.3K
19RTXRTX Corphistory →Common Stock1.30%$75M446.6K
20MAMastercard Inchistory →Common Stock1.29%$74M130.3K
21CSCOCisco Systems Inchistory →Common Stock1.26%$73M1.06M
22BACBank of America Corphistory →Common Stock1.26%$72M1.40M
23UNHUnitedHealth Group Inchistory →Common Stock1.25%$72M207.3K
24DISWalt Disney Co/Thehistory →Common Stock1.15%$66M577.4K
25PGProcter & Gamble Co/Thehistory →Common Stock1.08%$62M405.0K
26VVisa Inchistory →Common Stock1.08%$62M182.1K
27TXNTexas Instruments Inchistory →Common Stock1.03%$59M320.9K
28WELLWelltower Inchistory →REIT1.01%$58M325.0K
29DEDeere & Cohistory →Common Stock1.00%$57M125.6K
30ABTAbbott Laboratorieshistory →Common Stock0.99%$57M422.4K
31ENBEnbridge Inchistory →Common Stock0.97%$56M1.10M
32TJXTJX Cos Inc/Thehistory →Common Stock0.96%$55M380.7K
33KKRKKR & Co Inchistory →Common Stock0.93%$53M410.0K
34KOCoca-Cola Co/Thehistory →Common Stock0.91%$52M788.0K
35MLMMartin Marietta Materials Inchistory →Common Stock0.88%$51M80.6K
36AXPAmerican Express Cohistory →Common Stock0.88%$51M152.9K
37LLYEli Lilly & Cohistory →Common Stock0.87%$50M65.2K
38CVXChevron Corphistory →Common Stock0.87%$50M320.2K
39IRMIron Mountain Inchistory →REIT0.85%$49M480.0K
40MARMarriott International Inc/MDhistory →Common Stock0.78%$45M171.2K
41CRHCRH PLChistory →Common Stock0.76%$44M364.9K
42WABWestinghouse Air Brake Technologies Corphistory →Common Stock0.75%$43M213.6K
43CCEPCoca-Cola Europacific Partners PLChistory →Common Stock0.71%$41M451.8K
44WSTWest Pharmaceutical Services Inchistory →Common Stock0.71%$41M155.7K
45ARCCAres Capital Corphistory →Common Stock0.71%$41M2.00M
46DHRDanaher Corphistory →Common Stock0.71%$41M204.3K
47ACNAccenture PLChistory →Common Stock0.70%$40M162.2K
48TSLATesla Inchistory →Common Stock0.68%$39M88.4K
49ORCLOracle Corphistory →Common Stock0.67%$39M137.2K
50RSGRepublic Services Inchistory →Common Stock0.66%$38M165.6K
51SHWSherwin-Williams Co/Thehistory →Common Stock0.65%$38M108.4K
52AONAon PLChistory →Common Stock0.64%$37M102.6K
53ZBHZimmer Biomet Holdings Inchistory →Common Stock0.62%$36M360.5K
54DGDollar General Corphistory →Common Stock0.61%$35M339.2K
55ZTSZoetis Inchistory →Common Stock0.59%$34M232.4K
56VLTOVeralto Corphistory →Common Stock0.58%$33M314.2K
57CNMCore & Main Inchistory →Common Stock0.57%$33M604.1K
58OBDCBlue Owl Capital CorpCommon Stock0.57%$32M2.30M
59COPConocoPhillipshistory →Common Stock0.55%$32M336.4K
60CDWCDW Corp/DEhistory →Common Stock0.52%$30M186.1K
61PNCPNC Financial Services Group Inc/Thehistory →Common Stock0.48%$27M136.7K
62EQIXEquinix Inchistory →REIT0.48%$27M35.0K
63NRGNRG Energy Inchistory →Common Stock0.47%$27M166.7K
64FLUTFlutter Entertainment PLChistory →Common Stock0.46%$26M101.1K
65IBNICICI Bank Ltdhistory →ADR0.46%$26M869.5K
66COSTCostco Wholesale Corphistory →Common Stock0.44%$25M27.0K
67APOApollo Global Management Inchistory →Common Stock0.43%$25M185.0K
68BXBlackstone Inchistory →Common Stock0.37%$21M125.0K
69JAAAJanus Henderson AAA CLO ETFhistory →ETP0.35%$20M400.0K
70VICIVICI Properties Inchistory →REIT0.33%$19M575.0K
71TPGTPG Inchistory →Common Stock0.30%$17M300.0K
72LNGCheniere Energy Inchistory →Common Stock0.29%$16M70.0K
73CLHClean Harbors Inchistory →Common Stock0.28%$16M70.0K
74AUAnglogold Ashanti Plchistory →Common Stock0.27%$15M218.6K
75BXSLBlackstone Secured Lending Fundhistory →Common Stock0.25%$14M550.0K
76HASIHA Sustainable Infrastructure Capital Inchistory →Common Stock0.24%$14M440.0K
77AREAlexandria Real Estate Equities Inchistory →REIT0.22%$13M150.0K
78GLOBGlobant SAhistory →Common Stock0.21%$12M214.2K
79GBDCGolub Capital BDC Inchistory →Common Stock0.19%$11M800.0K
80JBBBJanus Henderson B-BBB CLO ETFETP0.17%$10M200.0K
81OXLCOxford Lane Capital CorpClosed-End Fund0.13%$7M440.0K
82HTGCHercules Capital IncCommon Stock0.12%$7M375.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.9B96Apr 22, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.7B88Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.7B87Nov 5, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.4B86Jul 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.9B87Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.1B89Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.9B91Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.2B85Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.5B85Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.1B84Jan 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.8B85Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.0B88Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.7B89May 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.1B89Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.1B96Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022Under review97Jan 30, 2023RESTATEMENTchanges · EDGAR ↗
Q1 2022Under review99Jan 30, 2023RESTATEMENTchanges · EDGAR ↗
Q4 2021Under review84Jan 30, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2021Under review83Jan 30, 2023RESTATEMENTchanges · EDGAR ↗
Q2 2021Under review89Jan 30, 2023RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.