PGGM Investments — 13F Holdings & Portfolio
CIK 1472190 · latest 13F-HR filed 2026-08-12
PGGM Investments manages $4.06B in 13F-reported U.S. long-equity assets across 59 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (5.38%), GOOGL (4.78%), TMO (4.31%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 8; 17 existing positions rose in reported value and 28 fell.
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.
Long-equity book
Distinct positions
Filed 2026-08-12
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 39%Cumulative share of the portfolio held in the largest N positions.
| Name | Title / Status | Ownership | Type |
|---|
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- NVIDIA CORPORATION COM$91.9M +72.5%
- APPLE INC COM$62.3M +68.5%
- ALPHABET INC CAP STK CL A$38.0M +24.3%
- ARGENX SE SPONSORED ADR$37.3M +71.5%
- ELI LILLY & CO COM$36.9M +30.4%
Top Trims
- PROLOGIS INC. COM-$262.8M -87.1%
- WELLTOWER INC COM-$244.2M -70.5%
- EQUINIX INC COM-$182.3M -61.0%
- BRIXMOR PPTY GROUP INC COM-$82.7M -93.8%
- FEDERAL RLTY INVT TR NEW SH BEN INT NEW-$76.9M -89.1%
Exited Positions
- AVALONBAY CMNTYS INC COM$121.5M
- UDR INC COM$117.2M
- AGREE RLTY CORP COM$70.3M
- FIRST INDL RLTY TR INC COM$65.7M
- SOLAREDGE TECHNOLOGIES INC COM$33.4M
PGGM Investments Holdings (2026-06-30)
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 | NVIDIA CORPORATION COM | NVDA | 67066G104 | $218.5M | 5.38% | 1,092,096 | SH |
| 2 | ALPHABET INC CAP STK CL A | GOOGL | 02079K305 | $194.4M | 4.78% | 543,993 | SH |
| 3 | THERMO FISHER SCIENTIFIC INC COM | TMO | 883556102 | $175.3M | 4.31% | 349,737 | SH |
| 4 | ELI LILLY & CO COM | LLY | 532457108 | $158.1M | 3.89% | 131,807 | SH |
| 5 | LINDE PLC SHS | LIN | G54950103 | $157.8M | 3.88% | 304,112 | SH |
| 6 | MICROSOFT CORP COM | MSFT | 594918104 | $157.0M | 3.86% | 421,020 | SH |
| 7 | APPLE INC COM | AAPL | 037833100 | $153.1M | 3.77% | 529,053 | SH |
| 8 | SUNRUN INC COM | RUN | 86771W105 | $127.7M | 3.14% | 9,546,965 | SH |
| 9 | ALBEMARLE CORP COM | ALB | 012653101 | $122.8M | 3.02% | 909,193 | SH |
| 10 | HDFC BANK LTD SPONSORED ADS | HDB | 40415F101 | $120.3M | 2.96% | 4,657,592 | SH |
| 11 | EQUINIX INC COM | EQIX | 29444U700 | $116.8M | 2.87% | 112,020 | SH |
| 12 | WELLTOWER INC COM | WELL | 95040Q104 | $102.1M | 2.51% | 449,807 | SH |
| 13 | ILLUMINA INC COM | ILMN | 452327109 | $93.5M | 2.30% | 531,623 | SH |
| 14 | ASTRAZENECA PLC ORD | AZN | G0593M107 | $91.0M | 2.24% | 645,456 | SH |
| 15 | ARGENX SE SPONSORED ADR | ARGX | 04016X101 | $89.5M | 2.20% | 96,511 | SH |
| 16 | BROADCOM INC COM | AVGO | 11135F101 | $89.0M | 2.19% | 235,723 | SH |
| 17 | EXTRA SPACE STORAGE INC COM | EXR | 30225T102 | $88.0M | 2.16% | 605,602 | SH |
| 18 | IRON MTN INC DEL COM | IRM | 46284V101 | $85.3M | 2.10% | 675,093 | SH |
| 19 | ABBOTT LABORATORIES COM | ABT | 002824100 | $83.4M | 2.05% | 918,634 | SH |
| 20 | VISA INC COM CL A | V | 92826C839 | $79.7M | 1.96% | 232,432 | SH |
| 21 | IQVIA HLDGS INC COM | IQV | 46266C105 | $77.5M | 1.91% | 401,347 | SH |
| 22 | NEXTERA ENERGY INC COM | NEE | 65339F101 | $76.5M | 1.88% | 871,243 | SH |
| 23 | WASTE CONNECTIONS INC COM | WCN | 94106B101 | $75.7M | 1.86% | 454,290 | SH |
| 24 | SYNOPSYS INC COM | SNPS | 871607107 | $74.7M | 1.84% | 167,434 | SH |
| 25 | MEDTRONIC PLC SHS | MDT | G5960L103 | $71.2M | 1.75% | 910,258 | SH |
| 26 | CADENCE DESIGN SYSTEM INC COM | CDNS | 127387108 | $64.2M | 1.58% | 171,149 | SH |
| 27 | VERALTO CORP COM SHS | VLTO | 92338C103 | $62.2M | 1.53% | 701,938 | SH |
| 28 | ARCHER DANIELS MIDLAND CO COM | ADM | 039483102 | $58.6M | 1.44% | 766,629 | SH |
| 29 | REGENERON PHARMACEUTICALS COM | REGN | 75886F107 | $57.7M | 1.42% | 92,584 | SH |
| 30 | HEALTHCARE RLTY TR CL A COM | HR | 42226K105 | $55.6M | 1.37% | 2,758,771 | SH |
| 31 | TETRA TECH INC NEW COM | TTEK | 88162G103 | $54.2M | 1.33% | 1,874,895 | SH |
| 32 | HEALTHPEAK PROPERTIES INC COM | DOC | 42250P103 | $53.2M | 1.31% | 2,484,558 | SH |
| 33 | SIMON PPTY GROUP INC NEW COM | SPG | 828806109 | $52.4M | 1.29% | 234,295 | SH |
| 34 | AMERICOLD REALTY TRUST INC COM | COLD | 03064D108 | $52.1M | 1.28% | 3,313,846 | SH |
| 35 | PROCTER & GAMBLE CO COM | PG | 742718109 | $49.3M | 1.21% | 336,355 | SH |
| 36 | EQUITY LIFESTYLE PROPERTIES COM | ELS | 29472R108 | $48.3M | 1.19% | 749,867 | SH |
| 37 | AMERICAN HOMES 4 RENT CL A | AMH | 02665T306 | $48.2M | 1.19% | 1,439,038 | SH |
| 38 | CORTEVA INC COM | CTVA | 22052L104 | $44.4M | 1.09% | 524,475 | SH |
| 39 | MACERICH CO COM | MAC | 554382101 | $41.8M | 1.03% | 1,658,943 | SH |
| 40 | ROPER TECHNOLOGIES INC COM | ROP | 776696106 | $40.8M | 1.00% | 120,496 | SH |
| 41 | PROLOGIS INC. COM | PLD | 74340W103 | $38.9M | 0.96% | 287,280 | SH |
| 42 | MCCORMICK & CO INC COM NON VTG | MKC | 579780206 | $37.6M | 0.93% | 746,607 | SH |
| 43 | VENTAS INC COM | VTR | 92276F100 | $34.9M | 0.86% | 393,021 | SH |
| 44 | ALEXANDRIA REAL ESTATE EQ IN COM | ARE | 015271109 | $33.6M | 0.83% | 636,465 | SH |
| 45 | CORE & MAIN INC CL A | CNM | 21874C102 | $32.6M | 0.80% | 674,767 | SH |
| 46 | RYMAN HOSPITALITY PPTYS INC COM | RHP | 78377T107 | $31.1M | 0.76% | 241,645 | SH |
| 47 | INVITATION HOMES INC COM | INVH | 46187W107 | $30.6M | 0.75% | 1,013,919 | SH |
| 48 | ADVANCED DRAIN SYS INC DEL COM | WMS | 00790R104 | $29.9M | 0.73% | 190,291 | SH |
| 49 | INTUITIVE SURGICAL INC COM NEW | ISRG | 46120E602 | $24.8M | 0.61% | 62,273 | SH |
| 50 | DIGITAL RLTY TR INC COM | DLR | 253868103 | $24.0M | 0.59% | 133,769 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | $4.06B | 59 | 0001472190-26-000003 |
| 2026-03-31 | 2026-05-15 | $5.70B | 67 | 0001472190-26-000002 |
| 2025-12-31 | 2026-02-09 | $6.32B | 66 | 0001472190-26-000001 |
| 2025-09-30 | 2025-10-28 | $6.18B | 66 | 0001472190-25-000006 |
ZEIST, P7 3700 AC