SEC 13F Intelligence

Managers / Q1 2026

APG Asset Management N.V.

CIK 0001434819 · BASISWEG 10, 1043 AP, AMSTERDAM, P7, 00000 · 917-368-3500

Reported Value
$31.6B
Q1 2026
Positions
513
Filings on Record
34
2019–present window
Filed
May 13, 2026
original filing

Summary

Apg Asset Management N.V. reported $31.6B in U.S.-listed holdings across 513 positions for Q1 2026.

Its largest position, MSFT, represents 5.8% of the portfolio.

Compared with Q4 2025, the fund opened 4 new positions and exited 31.

Portfolio Metrics

Turnover
+5.2%
vs prior filed quarter
Top-10 Concentration
+35.5%
share of reported value
Largest Position
+5.8%
Microsoft
New / Exited
4 / 31
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. 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
Q4 ’18: $98.3BQ4 ’18Q1 ’19: $54.5BQ2 ’19: $58.3BQ3 ’19: $60.7BQ4 ’19: $61.6BQ4 ’19Q1 ’20: $101.5BQ2 ’20: $54.9BQ3 ’20: $57.8BQ4 ’20: $61.3BQ4 ’20Q1 ’21: $58.6BQ2 ’21: $58.9BQ3 ’21: $56.3BQ4 ’21: $58.9BQ4 ’21Q1 ’22: $52.9BQ2 ’22: $42.7BQ3 ’22: $38.8BQ2 ’23: $49.6BQ2 ’23Q3 ’23: $48.9BQ4 ’23: $51.3BQ1 ’24: $57.1BQ2 ’24: $56.1BQ2 ’24Q3 ’24: $15.1BQ4 ’24: $35.9BQ1 ’25: $32.2BQ2 ’25: $33.8BQ2 ’25Q3 ’25: $35.6BQ4 ’25: $35.2BQ1 ’26: $31.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 95.2%Other: 3.0%REIT: 1.6%ADR: 0.1%
  • Common Stock · 95.2% · $30.1B
  • Other · 3.0% · $957M
  • REIT · 1.6% · $500M
  • ADR · 0.1% · $47M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SUNBSUNBELT RENTALS HOLDINGS INCNEW+283.1K283.1K+$15M$15M
QQNITY ELECTRONICS INCNEW+106.4K106.4K+$11M$11M
SOLSSOLSTICE ADVANCED MATLS INCNEW+49.8K49.8K+$3M$3M
FIXCOMFORT SYS USA INCNEW+2.0K2.0K+$2M$2M
CREDO TECHNOLOGY GROUP HOLDIADDED+39.8K49.2K+$3M$4M
CRITEO S AADDED+612.0K844.2K+$9M$13M
ENBENBRIDGE INCADDED+116.5K200.3K+$6M$9M
PDDPDD HOLDINGS INCSOLD OUT−380.4K0−$37M$0

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

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM5.76%$1.8B5.66M
2NVDANVIDIA CORPORATIONhistory →COM5.67%$1.8B11.82M
3AVGOBROADCOM INChistory →COM4.63%$1.5B5.44M
4AMZNAMAZON COM INChistory →COM4.32%$1.4B7.55M
5AAPLAPPLE INChistory →COM4.11%$1.3B5.89M
6LLYELI LILLY & COhistory →COM2.94%$927M1.16M
7JPMJPMORGAN CHASE & COhistory →COM2.72%$858M3.36M
8COSTCOSTCO WHOLESALE CORPORATIONhistory →COM2.08%$657M759.9K
9MAMASTERCARD INCORPORATEDhistory →CL A1.95%$614M1.42M
10TJXTJX COS INC NEWhistory →COM1.32%$417M3.01M
11TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.26%$398M932.1K
12BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.14%$359M863.8K
13CDNSCADENCE DESIGN SYSTEM INChistory →COM1.09%$343M1.42M
14FERGFERGUSON ENTERPRISES INChistory →COMMON STOCK NEW1.04%$328M1.62M
15VVISA INChistory →COM CL A1.02%$321M1.22M
16WMTWALMART INChistory →COM0.97%$305M2.83M
17SYKSTRYKER CORPORATIONhistory →COM0.96%$304M1.06M
18PGRPROGRESSIVE CORPhistory →COM0.92%$290M1.68M
19ISRGINTUITIVE SURGICAL INChistory →COM NEW0.90%$284M708.8K
20TYLTYLER TECHNOLOGIES INChistory →COM0.89%$279M940.0K
21WSTWEST PHARMACEUTICAL SVSC INChistory →COM0.87%$276M1.27M
22FITBFIFTH THIRD BANCORPhistory →COM0.86%$272M6.75M
23ANETARISTA NETWORKS INChistory →COM SHS0.86%$270M2.53M
24DUTMOODYS CORPhistory →COM0.82%$259M684.1K
25ABBVABBVIE INChistory →COM0.75%$236M1.25M
26NFLXNETFLIX INC.history →COM0.73%$231M2.77M
27AJGGALLAGHER ARTHUR J & COhistory →COM0.70%$221M1.18M
28MUMICRON TECHNOLOGY INChistory →COM0.70%$220M751.1K
29CBRECBRE GROUP INChistory →CL A0.69%$217M1.85M
30JKHYHENRY JACK & ASSOC INChistory →COM0.68%$214M1.56M
31MSAMSA SAFETY INChistory →COM0.68%$213M1.50M
32PGPROCTER & GAMBLE COhistory →COM0.67%$211M1.68M
33IRINGERSOLL RAND INChistory →COM0.67%$210M3.03M
34HDHOME DEPOT INChistory →COM0.66%$208M727.3K
35LPLALPL FINL HLDGS INChistory →COM0.64%$202M772.7K
36ROLROLLINS INChistory →COM0.63%$198M4.26M
37TSCOTRACTOR SUPPLY COhistory →COM0.59%$188M4.78M
38BACBANK AMERICA CORPhistory →COM0.58%$184M4.34M
39GE AEROSPACECOM NEW0.58%$183M741.4K
40CSCOCISCO SYS INChistory →COM0.57%$181M2.69M
41MRKMERCK & CO INChistory →COM0.57%$178M1.71M
42AMDADVANCED MICRO DEVICES INChistory →COM0.53%$167M947.5K
43KOCOCA COLA COhistory →COM0.52%$163M2.47M
44LINDE PLCSHS0.50%$156M363.1K
45LRCXLAM RESEARCH CORPhistory →COM NEW0.49%$154M832.6K
46AMATAPPLIED MATLS INChistory →COM0.48%$153M514.5K
47ORCLORACLE CORPhistory →COM0.42%$134M1.05M
48UNHUNITEDHEALTH GROUP INChistory →COM0.42%$134M568.8K
49PEPPEPSICO INChistory →COM0.42%$132M982.4K
50GSGOLDMAN SACHS GROUP INChistory →COM0.42%$132M179.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$31.6B513May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$35.2B540Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$35.6B528Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$33.8B539Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$32.2B548May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$35.9B548Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$15.1B407Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$56.1B650Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$57.1B716May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$51.3B717Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$48.9B735Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$49.6B724Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review750May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review786Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$38.8B834Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$42.7B868Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$52.9B914May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$58.9B918Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$56.3B900Nov 15, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$58.9B900Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$58.6B922May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$61.3B949Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$57.8B987Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$54.9B958Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020REVEALED$101.5B1,826May 15, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$61.6B937Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$60.7B924Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$58.3B890Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$54.5B890May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018REVEALED$98.3B1,667Feb 13, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 3 additional managers.

  • APG Asset Management US Inc.028-11397
  • STICHTING PENSIOENFONDS ABP028-04817
  • APG Group028-13073

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 ↗.