British Airways Pensions Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABERDEEN CHILE FD INC	COM	00301W105	96	16,099	SH		SOLE		16,099	0	0
AIR PRODS & CHEMS INC	COM	009158106	36,227	251,863	SH		SOLE		251,863	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	39,776	452,925	SH		SOLE		452,925	0	0
ALLEGION PUB LTD CO	ORD SHS	G0176J109	17,506	273,497	SH		SOLE		273,497	0	0
ALPHABET INC CAP STK	CL A	02079K305	40,625	51,259	SH		SOLE		51,259	0	0
ALPHABET INC CAP STK	CL C	02079K107	38,996	50,518	SH		SOLE		50,518	0	0
ALTRIA GROUP INC	COM	02209S103	22,705	335,735	SH		SOLE		335,735	0	0
AMAZON	COM INC COM	023135106	49,452	65,940	SH		SOLE		65,940	0	0
AMBEV SA	SPONSORED ADR	02319V103	1,518	309,130	SH		SOLE		309,130	0	0
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	2,563	203,872	SH		SOLE		203,872	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	22,196	210,000	SH		SOLE		210,000	0	0
AMGEN INC	COM	031162100	18,801	128,574	SH		SOLE		128,574	0	0
AMPHENOL CORP NEW	CL A	032095101	36,701	546,079	SH		SOLE		546,079	0	0
APPLE INC	COM	037833100	122,547	1,057,952	SH		SOLE		1,057,952	0	0
APPLIED MATLS INC	COM	038222105	31,629	980,002	SH		SOLE		980,002	0	0
AT&T INC	COM	00206R102	44,936	1,056,445	SH		SOLE		1,056,445	0	0
AUTOZONE INC	COM	053332102	37,595	47,595	SH		SOLE		47,595	0	0
BAIDU INC	SPON ADR REP A	056752108	10,827	65,847	SH		SOLE		65,847	0	0
BANK AMER CORP	COM	060505104	39,204	1,773,732	SH		SOLE		1,773,732	0	0
BANK NEW YORK MELLON CORP	COM	064058100	56,672	1,195,979	SH		SOLE		1,195,979	0	0
BCE INC	COM NEW	05534B760	2,306	53,288	SH		SOLE		53,288	0	0
BECTON DICKINSON & CO	COM	075887109	36,661	221,421	SH		SOLE		221,421	0	0
BEST BUY INC	COM	086516101	24,287	569,103	SH		SOLE		569,103	0	0
BIOGEN INC	COM	09062X103	32,151	113,360	SH		SOLE		113,360	0	0
BOEING CO	COM	097023105	15,445	99,196	SH		SOLE		99,196	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	33,581	574,545	SH		SOLE		574,545	0	0
BROADCOM LTD	SHS	Y09827109	47,943	271,186	SH		SOLE		271,186	0	0
CANADIAN NATL RY CO	COM	136375102	9,303	138,054	SH		SOLE		138,054	0	0
CATERPILLAR INC DEL	COM	149123101	39,983	431,079	SH		SOLE		431,079	0	0
CELGENE CORP	COM	151020104	46,566	402,246	SH		SOLE		402,246	0	0
CHEVRON CORP NEW	COM	166764100	73,857	627,425	SH		SOLE		627,425	0	0
CHINA BIOLOGIC PRODS INC	COM	16938C106	12,810	119,126	SH		SOLE		119,126	0	0
CHUBB LIMITED	COM	H1467J104	36,348	275,078	SH		SOLE		275,078	0	0
CISCO SYS INC	COM	17275R102	26,283	869,613	SH		SOLE		869,613	0	0
CITIGROUP INC	COM NEW	172967424	29,847	502,165	SH		SOLE		502,165	0	0
CITIZENS FINL GROUP INC	COM	174610105	28,115	788,999	SH		SOLE		788,999	0	0
CME GROUP INC	COM	12572Q105	33,021	286,235	SH		SOLE		286,235	0	0
COMCAST CORP NEW	CL A	20030N101	28,676	415,236	SH		SOLE		415,236	0	0
CONCHO RES INC	COM	20605P101	35,451	267,322	SH		SOLE		267,322	0	0
COPART INC	COM	217204106	17,634	318,211	SH		SOLE		318,211	0	0
CREDICORP LTD	COM	G2519Y108	2,866	18,155	SH		SOLE		18,155	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	34,021	392,035	SH		SOLE		392,035	0	0
DANAHER CORP DEL	COM	235851102	40,770	523,703	SH		SOLE		523,703	0	0
DIAMONDBACK ENERGY INC	COM	25278X109	33,080	327,291	SH		SOLE		327,291	0	0
DISNEY WALT CO	COM DISNEY	254687106	27,219	261,135	SH		SOLE		261,135	0	0
DOLLAR TREE INC	COM	256746108	17,143	222,084	SH		SOLE		222,084	0	0
DOW CHEM CO	COM	260543103	44,589	779,168	SH		SOLE		779,168	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	20,872	222,727	SH		SOLE		222,727	0	0
ENBRIDGE INC	COM	29250N105	9,909	235,176	SH		SOLE		235,176	0	0
ENEL AMERICAS S A	SPONSORED ADR	29274F104	767	93,406	SH		SOLE		93,406	0	0
ENEL GENERACION CHILE S A	SPONSORED ADR	29244T101	1,081	55,600	SH		SOLE		55,600	0	0
EXXON MOBIL CORP	COM	30231G102	64,747	717,254	SH		SOLE		717,254	0	0
F5 NETWORKS INC	COM	315616102	26,599	183,771	SH		SOLE		183,771	0	0
FACEBOOK INC	CL A	30303M102	44,280	384,833	SH		SOLE		384,833	0	0
FEDEX CORP	COM	31428X106	48,579	260,865	SH		SOLE		260,865	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	26,985	356,717	SH		SOLE		356,717	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	5,039	66,110	SH		SOLE		66,110	0	0
FRANCO NEVADA CORP	COM	351858105	6,219	103,866	SH		SOLE		103,866	0	0
GROUPE CGI INC	CL A SUB VTG	39945C109	5,704	118,693	SH		SOLE		118,693	0	0
GRUPO TELEVISA SA	SPON ADR REP ORD	40049J206	1,185	56,715	SH		SOLE		56,715	0	0
HOLLYSYS AUTOMATION TECHNOLO	SHS	G45667105	6,167	336,581	SH		SOLE		336,581	0	0
HOME DEPOT INC	COM	437076102	28,577	213,105	SH		SOLE		213,105	0	0
HONEYWELL INTL INC	COM	438516106	15,062	130,000	SH		SOLE		130,000	0	0
ILLINOIS TOOL WKS INC	COM	452308109	31,050	253,524	SH		SOLE		253,524	0	0
INGERSOLL-RAND PLC	SHS	G47791101	35,651	475,030	SH		SOLE		475,030	0	0
INTL PAPER CO	COM	460146103	28,490	536,865	SH		SOLE		536,865	0	0
JACOBS ENGR GROUP INC DEL	COM	469814107	23,228	407,456	SH		SOLE		407,456	0	0
JOHNSON & JOHNSON	COM	478160104	54,436	472,436	SH		SOLE		472,436	0	0
JPMORGAN CHASE & CO	COM	46625H100	88,013	1,019,838	SH		SOLE		1,019,838	0	0
KRAFT HEINZ CO	COM	500754106	43,208	494,761	SH		SOLE		494,761	0	0
LEAR CORP	COM NEW	521865204	24,002	181,302	SH		SOLE		181,302	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	31,427	141,844	SH		SOLE		141,844	0	0
MERCK & CO INC	COM	58933Y105	43,753	743,123	SH		SOLE		743,123	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	36,856	574,462	SH		SOLE		574,462	0	0
MICROSOFT CORP	COM	594918104	83,547	1,344,328	SH		SOLE		1,344,328	0	0
MOHAWK INDS INC	COM	608190104	33,334	166,919	SH		SOLE		166,919	0	0
NETEASE INC	SPONSORED ADR	64110W102	8,390	38,959	SH		SOLE		38,959	0	0
NEW ORIENTAL ED & TECH GRP I	SPON ADR	647581107	6,229	147,941	SH		SOLE		147,941	0	0
NEWELL BRANDS INC	COM	651229106	32,001	716,618	SH		SOLE		716,618	0	0
NORDSTROM INC	COM	655664100	21,640	451,441	SH		SOLE		451,441	0	0
NORFOLK SOUTHERN CORP	COM	655844108	34,554	319,697	SH		SOLE		319,697	0	0
NUCOR CORP	COM	670346105	19,882	334,000	SH		SOLE		334,000	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	12,215	124,610	SH		SOLE		124,610	0	0
PACCAR INC	COM	693718108	35,544	556,183	SH		SOLE		556,183	0	0
PACKAGING CORP AMER	COM	695156109	31,981	377,002	SH		SOLE		377,002	0	0
PEPSICO INC	COM	713448108	41,685	398,358	SH		SOLE		398,358	0	0
PHILIP MORRIS INTL INC	COM	718172109	24,509	267,859	SH		SOLE		267,859	0	0
PIONEER NAT RES CO	COM	723787107	37,000	205,451	SH		SOLE		205,451	0	0
QUALCOMM INC	COM	747525103	40,132	615,447	SH		SOLE		615,447	0	0
RANGE RES CORP	COM	75281A109	18,151	528,196	SH		SOLE		528,196	0	0
RAYMOND JAMES FINANCIAL INC	COM	754730109	31,477	454,358	SH		SOLE		454,358	0	0
SCHLUMBERGER LTD	COM	806857108	53,653	639,027	SH		SOLE		639,027	0	0
SCHWAB CHARLES CORP NEW	COM	808513105	42,232	1,069,856	SH		SOLE		1,069,856	0	0
SOUTHERN CO	COM	842587107	38,429	781,136	SH		SOLE		781,136	0	0
STANLEY BLACK & DECKER INC	COM	854502101	19,153	166,979	SH		SOLE		166,979	0	0
STARBUCKS CORP	COM	855244109	13,977	251,713	SH		SOLE		251,713	0	0
STEEL DYNAMICS INC	COM	858119100	31,422	883,026	SH		SOLE		883,026	0	0
SVB FINL GROUP	COM	78486Q101	34,601	201,545	SH		SOLE		201,545	0	0
SYSCO CORP	COM	871829107	32,663	589,839	SH		SOLE		589,839	0	0
TARGET CORP	COM	87612E106	22,267	308,243	SH		SOLE		308,243	0	0
TELEFONICA BRASIL SA	SPONSORED ADR	87936R106	1,023	76,442	SH		SOLE		76,442	0	0
TRANSDIGM GROUP INC	COM	893641100	22,833	91,701	SH		SOLE		91,701	0	0
UBS GROUP AG	SHS	H42097107	15,569	991,947	SH		SOLE		991,947	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	38,839	338,752	SH		SOLE		338,752	0	0
UNITED RENTALS INC	COM	911363109	17,654	167,185	SH		SOLE		167,185	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	62,525	390,636	SH		SOLE		390,636	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	30,721	449,610	SH		SOLE		449,610	0	0
VALMONT INDS INC	COM	920253101	16,022	113,700	SH		SOLE		113,700	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	53,850	1,008,691	SH		SOLE		1,008,691	0	0
VISA INC	COM CL A	92826C839	25,616	328,288	SH		SOLE		328,288	0	0
VULCAN MATLS CO	COM	929160109	27,352	218,524	SH		SOLE		218,524	0	0
WASTE CONNECTIONS INC	COM	94106B101	32,756	416,740	SH		SOLE		416,740	0	0
WELLS FARGO & CO NEW	COM	949746101	43,941	797,242	SH		SOLE		797,242	0	0
WEYERHAEUSER CO	COM	962166104	34,838	1,157,648	SH		SOLE		1,157,648	0	0
YANDEX N V	SHS CLASS A	N97284108	847	42,093	SH		SOLE		42,093	0	0