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
3M CO	COM	88579Y101	18,024	85,894	SH		SOLE		85,894	0	0
ABBOTT LABS	COM	002824100	45,126	845,915	SH		SOLE		845,915	0	0
ADOBE SYS INC	COM	00724F101	25,992	174,278	SH		SOLE		174,278	0	0
ALCOA CORP	COM	013872106	22,788	488,921	SH		SOLE		488,921	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	76,501	443,063	SH		SOLE		443,063	0	0
ALPHABET INC	CAP STK CL C	02079K107	42,050	43,854	SH		SOLE		43,854	0	0
ALPHABET INC CAP STK	CL A	02079K305	41,322	42,448	SH		SOLE		42,448	0	0
AMAZON COM INC	COM	023135106	54,474	56,679	SH		SOLE		56,679	0	0
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	4,423	249,224	SH		SOLE		249,224	0	0
AMGEN INC	COM	031162100	21,879	117,378	SH		SOLE		117,378	0	0
ANTHEM INC	COM	036752103	36,380	191,646	SH		SOLE		191,646	0	0
APPLE INC	COM	037833100	131,272	851,975	SH		SOLE		851,975	0	0
AT&T INC	COM	00206R102	34,194	873,179	SH		SOLE		873,179	0	0
BAIDU INC	SPON ADR REP A	056752108	22,579	91,181	SH		SOLE		91,181	0	0
BANK AMER CORP	COM	060505104	73,287	2,892,897	SH		SOLE		2,892,897	0	0
BANK NEW YORK MELLON CORP	COM	064058100	37,520	707,835	SH		SOLE		707,835	0	0
BECTON DICKINSON & CO	COM	075887109	38,763	197,870	SH		SOLE		197,870	0	0
BIOGEN INC	COM	09062X103	24,683	78,850	SH		SOLE		78,850	0	0
BIOVERATIV INC	COM	09075E100	15,093	264,529	SH		SOLE		264,529	0	0
BOEING CO	COM	097023105	51,860	204,059	SH		SOLE		204,059	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	30,381	476,760	SH		SOLE		476,760	0	0
BROADCOM LTD	SHS	Y09827109	13,995	57,717	SH		SOLE		57,717	0	0
CATERPILLAR INC DEL	COM	149123101	47,869	383,941	SH		SOLE		383,941	0	0
CELGENE CORP	COM	151020104	52,578	360,663	SH		SOLE		360,663	0	0
CHEVRON CORP NEW	COM	166764100	67,342	573,276	SH		SOLE		573,276	0	0
CHINA LODGING GROUP LTD	SPONSORED ADR	16949N109	6,076	51,153	SH		SOLE		51,153	0	0
CITIGROUP INC	COM NEW	172967424	33,703	463,455	SH		SOLE		463,455	0	0
CITIZENS FINL GROUP INC	COM	174610105	28,519	753,276	SH		SOLE		753,276	0	0
COLGATE PALMOLIVE CO	COM	194162103	39,963	548,707	SH		SOLE		548,707	0	0
COMCAST CORP NEW	CL A	20030N101	41,634	1,082,254	SH		SOLE		1,082,254	0	0
COPART INC	COM	217204106	16,726	486,777	SH		SOLE		486,777	0	0
COSTCO WHSL CORP NEW	COM	22160K105	33,506	204,000	SH		SOLE		204,000	0	0
CREDICORP LTD	COM	G2519Y108	4,978	24,287	SH		SOLE		24,287	0	0
CTRIP COM INTL LTD	AMERICAN DEP SHS	22943F100	13,727	260,343	SH		SOLE		260,343	0	0
CUMMINS INC	COM	231021106	19,899	118,455	SH		SOLE		118,455	0	0
D R HORTON INC	COM	23331A109	38,339	960,412	SH		SOLE		960,412	0	0
DEERE & CO	COM	244199105	28,712	228,673	SH		SOLE		228,673	0	0
DIAMONDBACK ENERGY INC	COM	25278X109	31,698	323,663	SH		SOLE		323,663	0	0
DISNEY WALT CO	COM DISNEY	254687106	23,066	234,072	SH		SOLE		234,072	0	0
DOLLAR TREE INC	COM	256746108	34,022	391,968	SH		SOLE		391,968	0	0
DOWDUPONT INC	COM	26078J100	46,929	678,046	SH		SOLE		678,046	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	37,627	448,490	SH		SOLE		448,490	0	0
EAST WEST BANCORP INC	COM	27579R104	33,049	552,985	SH		SOLE		552,985	0	0
ENBRIDGE INC	COM	29250N105	8,203	196,886	SH		SOLE		196,886	0	0
ENEL AMERICAS S A	SPONSORED ADR	29274F104	376	36,809	SH		SOLE		36,809	0	0
EVERSOURCE ENERGY	COM	30040W108	33,125	548,208	SH		SOLE		548,208	0	0
EXELON CORP	COM	30161N101	30,670	814,394	SH		SOLE		814,394	0	0
EXXON MOBIL CORP	COM	30231G102	50,965	621,833	SH		SOLE		621,833	0	0
FACEBOOK INC	CL A	30303M102	57,639	337,417	SH		SOLE		337,417	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	20,123	215,531	SH		SOLE		215,531	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	7,300	76,436	SH		SOLE		76,436	0	0
FORTIVE CORP	COM	34959J108	11,082	156,595	SH		SOLE		156,595	0	0
FRANCO NEVADA CORP	COM	351858105	6,718	86,939	SH		SOLE		86,939	0	0
GRUPO TELEVISA SA	SPON ADR REP ORD	40049J206	1,064	43,137	SH		SOLE		43,137	0	0
HOME DEPOT INC	COM	437076102	63,149	386,190	SH		SOLE		386,190	0	0
INGERSOLL-RAND PLC	SHS	G47791101	34,731	389,596	SH		SOLE		389,596	0	0
IPG PHOTONICS CORP	COM	44980X109	15,676	84,731	SH		SOLE		84,731	0	0
ISHARES INC	MSCI FRNTR100ETF	464286145	1,424	45,474	SH		SOLE		45,474	0	0
JD COM INC	SPON ADR CL A	47215P106	10,527	275,637	SH		SOLE		275,637	0	0
JOHNSON & JOHNSON	COM	478160104	78,918	607,170	SH		SOLE		607,170	0	0
JPMORGAN CHASE & CO	COM	46625H100	80,031	838,148	SH		SOLE		838,148	0	0
JUNIPER NETWORKS INC	COM	48203R104	12,340	443,530	SH		SOLE		443,530	0	0
KIRBY CORP	COM	497266106	10,933	165,819	SH		SOLE		165,819	0	0
KRAFT HEINZ CO	COM	500754106	6,679	86,152	SH		SOLE		86,152	0	0
LEAR CORP	COM NEW	521865204	29,293	169,291	SH		SOLE		169,291	0	0
MARRIOTT INTL INC NEW	CL A	571903202	23,063	209,226	SH		SOLE		209,226	0	0
MCDONALDS CORP	COM	580135101	41,695	266,186	SH		SOLE		266,186	0	0
MERCK & CO INC	COM	58933Y105	33,073	516,658	SH		SOLE		516,658	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	34,042	379,274	SH		SOLE		379,274	0	0
MICROSOFT CORP	COM	594918104	114,620	1,539,127	SH		SOLE		1,539,127	0	0
MOHAWK INDS INC	COM	608190104	33,039	133,519	SH		SOLE		133,519	0	0
MONDELEZ INTL INC	CL A	609207105	21,277	523,426	SH		SOLE		523,426	0	0
NETEASE INC	SPONSORED ADR	64110W102	12,886	48,859	SH		SOLE		48,859	0	0
NEW ORIENTAL ED & TECH GRP I	SPON ADR	647581107	7,114	80,625	SH		SOLE		80,625	0	0
NORFOLK SOUTHERN CORP	COM	655844108	39,845	301,386	SH		SOLE		301,386	0	0
NVIDIA CORP	COM	67066G104	14,854	83,112	SH		SOLE		83,112	0	0
ORACLE CORP	COM	68389X105	51,398	1,063,326	SH		SOLE		1,063,326	0	0
PACCAR INC	COM	693718108	12,178	168,393	SH		SOLE		168,393	0	0
PACKAGING CORP AMER	COM	695156109	24,240	211,424	SH		SOLE		211,424	0	0
PARKER HANNIFIN CORP	COM	701094104	26,257	150,064	SH		SOLE		150,064	0	0
PEPSICO INC	COM	713448108	46,821	420,293	SH		SOLE		420,293	0	0
PHILIP MORRIS INTL INC	COM	718172109	52,349	471,694	SH		SOLE		471,694	0	0
PINNACLE WEST CAP CORP	COM	723484101	28,501	337,134	SH		SOLE		337,134	0	0
RAYMOND JAMES FINANCIAL INC	COM	754730109	26,384	312,949	SH		SOLE		312,949	0	0
SCHLUMBERGER LTD	COM	806857108	45,305	649,617	SH		SOLE		649,617	0	0
SCHWAB CHARLES CORP NEW	COM	808513105	31,732	725,652	SH		SOLE		725,652	0	0
SENSATA TECHNOLOGIES HLDG NV	SHS	N7902X106	15,458	321,666	SH		SOLE		321,666	0	0
SERVICENOW INC	COM	81762P102	25,643	218,243	SH		SOLE		218,243	0	0
SVB FINL GROUP	COM	78486Q101	20,370	108,909	SH		SOLE		108,909	0	0
SYSCO CORP	COM	871829107	19,131	354,702	SH		SOLE		354,702	0	0
TE CONNECTIVITY LTD	REG SHS	H84989104	36,506	439,624	SH		SOLE		439,624	0	0
TELEFONICA BRASIL SA	SPONSORED ADR	87936R106	1,862	117,554	SH		SOLE		117,554	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	44,272	234,057	SH		SOLE		234,057	0	0
TIME WARNER INC	COM NEW	887317303	12,886	125,809	SH		SOLE		125,809	0	0
UBS GROUP AG	SHS	H42097107	18,814	1,100,232	SH		SOLE		1,100,232	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	67,285	343,645	SH		SOLE		343,645	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	30,346	394,568	SH		SOLE		394,568	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	28,787	581,827	SH		SOLE		581,827	0	0
VISA INC	COM CL A	92826C839	65,307	620,712	SH		SOLE		620,712	0	0
WAL-MART STORES INC	COM	931142103	33,603	430,149	SH		SOLE		430,149	0	0
WASTE CONNECTIONS INC	COM	94106B101	33,732	482,289	SH		SOLE		482,289	0	0
WEYERHAEUSER CO	COM	962166104	9,356	275,000	SH		SOLE		275,000	0	0
YANDEX N V	SHS CLASS A	N97284108	2,863	86,919	SH		SOLE		86,919	0	0