SEC 13F Intelligence

Managers / Q3 2024 · view latest →

PGGM Investments

CIK 0001472190 · PO BOX 117, ZEIST, P7, 3700 AC · 0031302779479

Reported Value
$7.8B
Q3 2024
Positions
348
Filings on Record
30
2019–present window
Filed
Nov 13, 2024
original filing

Summary

Pggm Investments reported $7.8B in U.S.-listed holdings across 348 positions for Q3 2024.

Its largest position, EQIX, represents 5.0% of the portfolio.

Compared with Q2 2024, the fund opened 25 new positions and exited 21.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+31.6%
share of reported value
Largest Position
+5.0%
Equinix Inc Com
New / Exited
25 / 21
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: $17.2BQ4 ’18Q1 ’19: $19.6BQ2 ’19: $19.9BQ3 ’19: $21.0BQ4 ’19: $17.7BQ4 ’19Q1 ’20: $13.9BQ2 ’20: $17.3BQ3 ’20: $19.1BQ4 ’20: $21.6BQ4 ’20Q1 ’21: $23.1BQ2 ’21: $23.6BQ3 ’21: $19.4BQ4 ’21: $20.1BQ4 ’21Q1 ’22: $20.1BQ3 ’22: $5.7BQ4 ’22: $5.7BQ1 ’23: $5.9BQ1 ’23Q2 ’23: $6.2BQ3 ’23: $5.8BQ4 ’23: $6.6BQ1 ’24: $6.9BQ1 ’24Q2 ’24: $7.0BQ3 ’24: $7.8BQ4 ’24: $7.5BQ1 ’25: $7.4BQ1 ’25Q2 ’25: $5.8BQ3 ’25: $6.2BQ4 ’25: $6.3BQ1 ’26: $5.7BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 52.0%REIT: 46.2%Other: 0.9%ADR: 0.9%
  • Common Stock · 52.0% · $4.1B
  • REIT · 46.2% · $3.6B
  • Other · 0.9% · $70M
  • ADR · 0.9% · $68M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LLYELI LILLY CO COMNEW+23.6K23.6K+$21M$21M
BMRNBIOMARIN PHARMACEUTICAL INC COMNEW+217.6K217.6K+$15M$15M
TSLATESLA INC COMNEW+56.0K56.0K+$15M$15M
TELTE CONNECTIVITY PLC ORD SHS ADDEDNEW+73.7K73.7K+$11M$11M
TAT T INC COMNEW+482.8K482.8K+$11M$11M
LINELINEAGE INC COM ADDEDNEW+125.6K125.6K+$10M$10M
FERGFERGUSON ENTERPRISES INCNEW+46.2K46.2K+$7M$7M
SPOTSPOTIFY TECHNOLOGY S A SHSNEW+17.3K17.3K+$6M$6M

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

Holdings — Q3 2024

348 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EQIXEQUINIX INC COMhistory →COM4.95%$387M435.5K
2WELLWELLTOWER INC COMhistory →COM4.30%$335M2.62M
3PLDPROLOGIS INC. COMhistory →COM3.29%$257M2.03M
4AAPLAPPLE INC COMhistory →COM3.16%$247M1.06M
5EXREXTRA SPACE STORAGE INC COMhistory →COM3.04%$237M1.32M
6NVDANVIDIA CORPORATION COMhistory →COM2.95%$230M1.90M
7MSFTMICROSOFT CORP COMhistory →COM2.73%$213M494.6K
8SPGSIMON PPTY GROUP INC NEW COMhistory →COM2.68%$209M1.24M
9INVHINVITATION HOMES INC COMhistory →COM2.32%$181M5.13M
10DOCHEALTHPEAK PROPERTIES INC COMhistory →COM2.15%$168M7.34M
11WPCWP CAREY INC COMhistory →COM2.07%$162M2.60M
12SUISUN CMNTYS INC COMhistory →COM2.02%$158M1.17M
13REXRREXFORD INDL RLTY INC COMhistory →COM1.91%$149M2.96M
14COLDAMERICOLD REALTY TRUST INC COMhistory →COM1.78%$139M4.90M
15ELSEQUITY LIFESTYLE PPTYS INC COMhistory →COM1.76%$137M1.92M
16GOOGLALPHABET INC CAP STK CL Ahistory →CLASS A1.72%$134M808.9K
17UDRUDR INC COMhistory →COM1.70%$133M2.94M
18IRMIRON MTN INC DEL COMhistory →COM1.65%$129M1.08M
19REGREGENCY CTRS CORP COMhistory →COM1.63%$128M1.77M
20KRCKILROY RLTY CORP COMhistory →COM1.63%$127M3.29M
21TMOTHERMO FISHER SCIENTIFIC INC COMhistory →COM1.61%$126M203.8K
22BRXBRIXMOR PPTY GROUP INC COMhistory →COM1.34%$105M3.76M
23METAMETA PLATFORMS INC CL Ahistory →CLASS A1.34%$105M182.7K
24MDTMEDTRONIC PLC SHShistory →COM1.31%$102M1.14M
25HIWHIGHWOODS PPTYS INC COMhistory →COM1.24%$97M2.89M
26AMZNAMAZON COM INC COMhistory →COM1.16%$90M484.8K
27ABTABBOTT LABS COMhistory →COM0.96%$75M658.5K
28LINLINDE PLC SHShistory →COM0.93%$73M152.4K
29PSAPUBLIC STORAGE OPER CO COMhistory →COM0.90%$70M192.5K
30ITRIITRON INC COMhistory →COM0.80%$63M587.1K
31JPMJPMORGAN CHASE CO. COMhistory →COM0.78%$61M290.2K
32ILMNILLUMINA INC COMhistory →COM0.76%$60M457.4K
33RHPRYMAN HOSPITALITY PPTYS INC COMhistory →COM0.75%$59M549.1K
34MAMASTERCARD INCORPORATED CL Ahistory →CLASS A0.73%$57M115.5K
35HSTHOST HOTELS RESORTS INC COMhistory →COM0.70%$55M3.11M
36DLRDIGITAL RLTY TR INC COMhistory →COM0.66%$52M320.4K
37CUBECUBESMART COMhistory →COM0.65%$51M943.8K
38ALBALBEMARLE CORP COMhistory →COM0.65%$51M534.2K
39ADECOAGRO S A COMCOM0.64%$50M4.50M
40BKNGBOOKING HOLDINGS INC COMhistory →COM0.59%$46M10.9K
41ROPROPER TECHNOLOGIES INC COMhistory →COM0.58%$45M81.1K
42BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWhistory →NEW0.57%$45M97.5K
43CTVACORTEVA INC COMhistory →COM0.57%$45M763.0K
44VVISA INC COM CL Ahistory →CLASS A0.57%$45M163.1K
45AMHAMERICAN HOMES 4 RENT CL Ahistory →CLASS A0.49%$38M990.6K
46HAINHAIN CELESTIAL GROUP INC COMhistory →COM0.46%$36M4.18M
47ARGXARGENX SE SPONSORED ADRhistory →ADR0.45%$35M64.4K
48FMCFMC CORP COM NEWhistory →NEW0.44%$34M521.8K
49NFLXNETFLIX INC COMhistory →COM0.43%$34M47.8K
50HDBHDFC BANK LTD SPONSORED ADShistory →ADS0.42%$33M530.4K
51FICOFAIR ISAAC CORP COMhistory →COM0.40%$31M15.9K
52CTASCINTAS CORP COMhistory →COM0.37%$29M141.0K
53AMATAPPLIED MATLS INC COMhistory →COM0.36%$28M139.1K
54REGNREGENERON PHARMACEUTICALS COMhistory →COM0.35%$28M26.2K
55PGPROCTER AND GAMBLE CO COMhistory →COM0.35%$27M158.5K
56BACBANK AMERICA CORP COMhistory →COM0.33%$26M644.7K
57ADMARCHER DANIELS MIDLAND CO COMhistory →COM0.33%$25M426.1K
58KLACKLA CORP COM NEWhistory →NEW0.32%$25M32.1K
59AXPAMERICAN EXPRESS CO COMhistory →COM0.30%$24M86.8K
60CMCSACOMCAST CORP NEW CL Ahistory →CLASS A0.30%$23M553.1K
61GWWGRAINGER W W INC COMhistory →COM0.29%$23M22.0K
62QCOMQUALCOMM INC COMhistory →COM0.29%$22M130.9K
63TTTRANE TECHNOLOGIES PLC SHShistory →COM0.28%$22M55.6K
64NVRNVR INC COMhistory →COM0.27%$21M2.2K
65ITWILLINOIS TOOL WKS INC COMhistory →COM0.27%$21M81.8K
66PNRPENTAIR PLC SHShistory →COM0.27%$21M218.7K
67AFLAFLAC INC COMhistory →COM0.27%$21M190.2K
68LLYELI LILLY CO COMhistory →COM0.27%$21M23.6K
69COSTCOSTCO WHSL CORP NEW COMhistory →COM0.26%$21M23.2K
70MRSHMARSH MCLENNAN COS INC COMhistory →COM0.25%$20M89.2K
71MCKMCKESSON CORP COMhistory →COM0.25%$20M40.0K
72TJXTJX COS INC NEW COMhistory →COM0.25%$19M164.5K
73ITGARTNER INC COMhistory →COM0.24%$19M37.7K
74MTDMETTLER TOLEDO INTERNATIONAL COMhistory →COM0.24%$19M12.6K
75AVGOBROADCOM INC COMhistory →COM0.24%$19M107.7K
76CORCENCORA INC COMhistory →COM0.24%$18M82.2K
77LAM RESEARCH CORP COMCOM0.24%$18M22.6K
78RUNSUNRUN INC COMhistory →COM0.24%$18M1.02M
79GE AEROSPACE COM NEWNEW0.23%$18M94.9K
80CCITIGROUP INC COM NEWhistory →NEW0.23%$18M283.8K
81NEENEXTERA ENERGY INC COMhistory →COM0.22%$17M206.2K
82OTISOTIS WORLDWIDE CORP COMhistory →COM0.22%$17M164.4K
83PHMPULTE GROUP INC COMhistory →COM0.21%$17M116.4K
84GSGOLDMAN SACHS GROUP INC COMhistory →COM0.21%$17M33.6K
85CLCOLGATE PALMOLIVE CO COMhistory →COM0.21%$16M157.6K
86GDDYGODADDY INC CL Ahistory →CLASS A0.20%$16M101.9K
87MASMASCO CORP COMhistory →COM0.20%$16M187.6K
88MSIMOTOROLA SOLUTIONS INC COM NEWhistory →NEW0.20%$16M34.6K
89SEDGSOLAREDGE TECHNOLOGIES INC COMhistory →COM0.20%$15M671.1K
90BMRNBIOMARIN PHARMACEUTICAL INC COMhistory →COM0.20%$15M217.6K
91VRSNVERISIGN INC COMhistory →COM0.19%$15M79.9K
92AMPAMERIPRISE FINL INC COMhistory →COM0.19%$15M32.2K
93CBCHUBB LIMITED COMhistory →COM0.19%$15M52.4K
94ADBEADOBE INC COMhistory →COM0.19%$15M29.0K
95HCAHCA HEALTHCARE INC COMhistory →COM0.19%$15M37.0K
96AIGAMERICAN INTL GROUP INC COM NEWhistory →NEW0.19%$15M205.0K
97ACGLARCH CAP GROUP LTD ORDhistory →ORD0.19%$15M131.5K
98TSLATESLA INC COMhistory →COM0.19%$15M56.0K
99PHPARKER-HANNIFIN CORP COMhistory →COM0.18%$14M22.9K
100FASTFASTENAL CO COMhistory →COM0.18%$14M198.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.7B67May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$6.3B66Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$6.2B66Oct 28, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.8B68Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$7.4B347May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$7.5B345Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$7.8B348Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.0B344Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$6.9B365May 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.6B351Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$5.8B346Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$6.2B359Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$5.9B387May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$5.7B378Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$5.7B382Nov 10, 2022RESTATEMENTchanges · EDGAR ↗
Q1 2022$20.1B366Apr 25, 202213F-HRchanges · EDGAR ↗
Q4 2021$20.1B366Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$19.4B366Oct 22, 202113F-HRchanges · EDGAR ↗
Q2 2021$23.6B434Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$23.1B369Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$21.6B356Jan 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$19.1B247Oct 20, 202013F-HRchanges · EDGAR ↗
Q2 2020$17.3B256Jul 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$13.9B233Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$17.7B248Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$21.0B244Oct 16, 201913F-HRchanges · EDGAR ↗
Q2 2019$19.9B244Jul 26, 201913F-HRchanges · EDGAR ↗
Q1 2019$19.6B254Apr 12, 201913F-HRchanges · EDGAR ↗
Q4 2018$17.2B260Jan 28, 201913F-HRchanges · EDGAR ↗

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 ↗.