APG Asset Management N.V. — 13F Holdings & Portfolio
CIK 1434819 · latest 13F-HR filed 2026-05-13
APG Asset Management N.V. manages $31.56B in 13F-reported U.S. long-equity assets across 513 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are MSFT (5.76%), NVDA (5.67%), AVGO (4.63%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 31, added to 159, and trimmed 251.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$31.56B
Long-equity book
513
Distinct positions
2026-03-31
Filed 2026-05-13
+4 / −31 / ↑159 / ↓251
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- COSTCO WHOLESALE CORPORATION$163.9M +33.2%
- ELI LILLY & CO$126.2M +15.8%
- WALMART INC$83.2M +37.5%
- TJX COS INC NEW$67.5M +19.3%
- JPMORGAN CHASE & CO$66.5M +8.4%
Top Trims
- NVIDIA CORPORATION-$1.22B -40.5%
- APPLE INC-$1.02B -44.0%
- MICROSOFT CORP-$937.5M -34.0%
- STERIS PLC-$204.0M -93.2%
- AMAZON COM INC-$85.6M -5.9%
New Positions
- SUNBELT RENTALS HOLDINGS INC$15.4M
- QNITY ELECTRONICS INC$10.7M
- SOLSTICE ADVANCED MATLS INC$3.3M
- COMFORT SYS USA INC$2.4M
Exited Positions
- PDD HOLDINGS INC$36.7M
- NU HLDGS LTD$25.6M
- CREDICORP LTD$8.9M
- YUM CHINA HLDGS INC$8.0M
- SOUTHERN COPPER CORP$5.9M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 594918104 | $1.82B | 5.76% | 5,656,313 | SH |
| 2 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.79B | 5.67% | 11,820,764 | SH |
| 3 | BROADCOM INC | AVGO | 11135F101 | $1.46B | 4.63% | 5,443,271 | SH |
| 4 | AMAZON COM INC | AMZN | 023135106 | $1.36B | 4.32% | 7,547,056 | SH |
| 5 | APPLE INC | AAPL | 037833100 | $1.30B | 4.11% | 5,891,986 | SH |
| 6 | ELI LILLY & CO | LLY | 532457108 | $927.4M | 2.94% | 1,161,712 | SH |
| 7 | JPMORGAN CHASE & CO | JPM | 46625H100 | $858.4M | 2.72% | 3,362,145 | SH |
| 8 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $657.2M | 2.08% | 759,919 | SH |
| 9 | MASTERCARD INCORPORATED | MA | 57636Q104 | $614.1M | 1.95% | 1,416,130 | SH |
| 10 | TJX COS INC NEW | TJX | 872540109 | $417.4M | 1.32% | 3,011,334 | SH |
| 11 | THERMO FISHER SCIENTIFIC INC | TMO | 883556102 | $397.7M | 1.26% | 932,138 | SH |
| 12 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $359.2M | 1.14% | 863,760 | SH |
| 13 | CADENCE DESIGN SYSTEM INC | CDNS | 127387108 | $343.0M | 1.09% | 1,422,149 | SH |
| 14 | FERGUSON ENTERPRISES INC | FERG | 31488V107 | $327.9M | 1.04% | 1,619,594 | SH |
| 15 | VISA INC | V | 92826C839 | $320.8M | 1.02% | 1,222,792 | SH |
| 16 | WALMART INC | WMT | 931142103 | $304.8M | 0.97% | 2,826,106 | SH |
| 17 | STRYKER CORPORATION | SYK | 863667101 | $303.6M | 0.96% | 1,064,632 | SH |
| 18 | PROGRESSIVE CORP | PGR | 743315103 | $289.5M | 0.92% | 1,682,893 | SH |
| 19 | INTUITIVE SURGICAL INC | ISRG | 46120E602 | $283.6M | 0.90% | 708,812 | SH |
| 20 | TYLER TECHNOLOGIES INC | TYL | 902252105 | $279.3M | 0.89% | 939,990 | SH |
| 21 | WEST PHARMACEUTICAL SVSC INC | WST | 955306105 | $275.7M | 0.87% | 1,267,282 | SH |
| 22 | FIFTH THIRD BANCORP | FITB | 316773100 | $272.1M | 0.86% | 6,749,043 | SH |
| 23 | ARISTA NETWORKS INC | ANET | 040413205 | $269.9M | 0.86% | 2,532,613 | SH |
| 24 | MOODYS CORP | MCO | 615369105 | $259.0M | 0.82% | 684,104 | SH |
| 25 | ABBVIE INC | ABBV | 00287Y109 | $235.8M | 0.75% | 1,248,938 | SH |
| 26 | NETFLIX INC. | NFLX | 64110L106 | $231.2M | 0.73% | 2,770,799 | SH |
| 27 | GALLAGHER ARTHUR J & CO | AJG | 363576109 | $221.3M | 0.70% | 1,177,502 | SH |
| 28 | MICRON TECHNOLOGY INC | MU | 595112103 | $220.2M | 0.70% | 751,058 | SH |
| 29 | CBRE GROUP INC | CBRE | 12504L109 | $217.1M | 0.69% | 1,847,031 | SH |
| 30 | HENRY JACK & ASSOC INC | JKHY | 426281101 | $214.4M | 0.68% | 1,562,882 | SH |
| 31 | MSA SAFETY INC | MSA | 553498106 | $213.1M | 0.68% | 1,497,591 | SH |
| 32 | PROCTER & GAMBLE CO | PG | 742718109 | $210.5M | 0.67% | 1,679,530 | SH |
| 33 | INGERSOLL RAND INC | IR | 45687V106 | $210.4M | 0.67% | 3,026,272 | SH |
| 34 | HOME DEPOT INC | HD | 437076102 | $207.6M | 0.66% | 727,286 | SH |
| 35 | LPL FINL HLDGS INC | LPLA | 50212V100 | $201.7M | 0.64% | 772,692 | SH |
| 36 | ROLLINS INC | ROL | 775711104 | $197.5M | 0.63% | 4,261,456 | SH |
| 37 | TRACTOR SUPPLY CO | TSCO | 892356106 | $187.8M | 0.59% | 4,775,656 | SH |
| 38 | BANK AMERICA CORP | BAC | 060505104 | $183.8M | 0.58% | 4,343,196 | SH |
| 39 | GE AEROSPACE | GE | 369604301 | $182.6M | 0.58% | 741,392 | SH |
| 40 | CISCO SYS INC | CSCO | 17275R102 | $181.4M | 0.57% | 2,694,269 | SH |
| 41 | MERCK & CO INC | MRK | 58933Y105 | $178.3M | 0.57% | 1,708,121 | SH |
| 42 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $167.3M | 0.53% | 947,525 | SH |
| 43 | COCA COLA CO | KO | 191216100 | $163.2M | 0.52% | 2,473,170 | SH |
| 44 | LINDE PLC | LIN | G54950103 | $156.2M | 0.50% | 363,099 | SH |
| 45 | LAM RESEARCH CORP | LRCX | 512807306 | $154.4M | 0.49% | 832,592 | SH |
| 46 | APPLIED MATLS INC | AMAT | 038222105 | $152.6M | 0.48% | 514,499 | SH |
| 47 | ORACLE CORP | ORCL | 68389X105 | $133.7M | 0.42% | 1,047,253 | SH |
| 48 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $133.6M | 0.42% | 568,823 | SH |
| 49 | PEPSICO INC | PEP | 713448108 | $132.4M | 0.42% | 982,387 | SH |
| 50 | GOLDMAN SACHS GROUP INC | GS | 38141G104 | $131.5M | 0.42% | 179,124 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-13 | $31.56B | 513 | 0001434819-26-000005 |
| 2025-12-31 | 2026-02-12 | $35.23B | 540 | 0001434819-26-000003 |
| 2025-09-30 | 2025-11-12 | $35.63B | 528 | 0001434819-25-000013 |