SEC 13F Intelligence

Managers / Q4 2019 · view latest →

APG Asset Management N.V.

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

Reported Value
$61.6B
Q4 2019
Positions
937
Filings on Record
34
2019–present window
Filed
Feb 13, 2020
original filing

Summary

Apg Asset Management N.V. reported $61.6B in U.S.-listed holdings across 937 positions for Q4 2019.

Its largest position, AAPL, represents 2.8% of the portfolio.

Compared with Q3 2019, the fund opened 79 new positions and exited 66.

Portfolio Metrics

Turnover
+10.2%
vs prior filed quarter
Top-10 Concentration
+17.1%
share of reported value
Largest Position
+2.8%
Apple
New / Exited
79 / 66
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: 88.1%Other: 5.7%REIT: 3.6%ADR: 2.5%ETP: 0.0%Other: 0.0%
  • Common Stock · 88.1% · $54.2B
  • Other · 5.7% · $3.5B
  • REIT · 3.6% · $2.2B
  • ADR · 2.5% · $1.5B
  • ETP · 0.0% · $26M
  • Other · 0.0% · $15M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TFCTRUIST FINL CORPNEW+3.19M3.19M+$160M$160M
VIACOMCBS INCNEW+2.89M2.89M+$108M$108M
HXLHEXCEL CORP NEWNEW+543.4K543.4K+$35M$35M
CLVTRIP COM GROUP LTDNEW+1.15M1.15M+$34M$34M
DOCHEALTHPEAK PPTYS INCNEW+911.4K911.4K+$28M$28M
WSTWEST PHARMACEUTICAL SVSC INCNEW+149.0K149.0K+$20M$20M
MSAMSA SAFETY INCNEW+162.0K162.0K+$18M$18M
SBCSABRA HEALTH CARE REIT INCNEW+904.9K904.9K+$17M$17M

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

Holdings — Q4 2019

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM2.84%$1.7B6.68M
2MSFTMICROSOFT CORPhistory →COM2.56%$1.6B11.20M
3AMZNAMAZON COM INChistory →COM2.49%$1.5B931.7K
4JPMJPMORGAN CHASE & COhistory →COM1.79%$1.1B8.88M
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.46%$900M754.5K
6BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.45%$894M4.73M
7BACBANK AMER CORPhistory →COM1.33%$817M26.04M
8PGPROCTER & GAMBLE COhistory →COM1.29%$792M7.11M
9CMCSACOMCAST CORP NEWhistory →CL A1.15%$708M17.68M
10METAFACEBOOK INChistory →CL A1.13%$698M3.82M
11PEPPEPSICO INChistory →COM1.05%$647M5.32M
12TRVCCITIGROUP INChistory →COM NEW1.05%$644M9.05M
13TAT&T INChistory →COM1.02%$629M18.06M
14BACVERIZON COMMUNICATIONS INChistory →COM1.00%$616M11.26M
15AMTAMERICAN TOWER CORP NEWhistory →COM0.88%$541M2.64M
16JNJJOHNSON & JOHNSONhistory →COM0.85%$524M4.03M
17CHVCHEVRON CORP NEWhistory →COM0.84%$518M4.83M
18MRKMERCK & CO INChistory →COM0.82%$502M6.20M
19HDHOME DEPOT INChistory →COM0.81%$501M2.58M
20ACCENTURE PLC IRELANDSHS CLASS A0.81%$497M2.65M
21MAMASTERCARD INChistory →CL A0.76%$469M1.76M
22NEENEXTERA ENERGY INChistory →COM0.73%$448M2.08M
23VVISA INChistory →COM CL A0.73%$447M2.67M
24KOCOCA COLA COhistory →COM0.72%$444M9.01M
25NEMNEWMONT GOLDCORP CORPORATIONhistory →COM0.69%$427M11.03M
26AFLAFLAC INChistory →COM0.68%$417M8.84M
27MCDMCDONALDS CORPhistory →COM0.66%$405M2.30M
28SYFSYNCHRONY FINLhistory →COM0.61%$376M11.73M
29BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.61%$376M1.86M
30EXMOCEXXON MOBIL CORPhistory →COM0.58%$358M5.76M
31HCAHCA HEALTHCARE INChistory →COM0.58%$355M2.69M
32SBUXSTARBUCKS CORPhistory →COM0.57%$352M4.50M
33TJXTJX COS INC NEWhistory →COM0.57%$351M6.46M
34HSYHERSHEY COhistory →COM0.56%$347M2.65M
35DISDISNEY WALT COhistory →COM DISNEY0.55%$336M2.61M
36INTCINTEL CORPhistory →COM0.53%$327M6.13M
37AZOAUTOZONE INChistory →COM0.53%$324M304.9K
38TDTORONTO DOMINION BK ONThistory →COM NEW0.52%$317M6.34M
39MASMASCO CORPhistory →COM0.51%$315M7.38M
40YUMYUM BRANDS INChistory →COM0.51%$315M3.51M
41ORCLORACLE CORPhistory →COM0.50%$309M6.55M
42WFCWELLS FARGO CO NEWhistory →COM0.49%$304M6.34M
43CMECME GROUP INChistory →COM0.49%$303M1.69M
44SCHWTHE CHARLES SCHWAB CORPORATIhistory →COM0.47%$291M6.87M
45COFCAPITAL ONE FINL CORPhistory →COM0.47%$288M3.14M
46BCEBCE INChistory →COM NEW0.47%$287M6.94M
47KMBKIMBERLY CLARK CORPhistory →COM0.46%$284M2.31M
48DGDOLLAR GEN CORP NEWhistory →COM0.46%$280M2.02M
49W3UWESTERN UN COhistory →COM0.45%$276M11.59M

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 ↗.