SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Mn Services Vermogensbeheer B.V.

CIK 0001666940 · PRINSES BEATRIXLAAN 15, THE HAGUE, P7, 2595AK · 0031703160476

Reported Value
$14.4B
Q2 2025
Positions
466
Filings on Record
28
2019–present window
Filed
Jul 10, 2025
original filing

Summary

Mn Services Vermogensbeheer B.V. reported $14.4B in U.S.-listed holdings across 466 positions for Q2 2025.

Its largest position, NVDA, represents 4.7% of the portfolio.

Compared with Q1 2025, the fund opened 40 new positions and exited 36.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+30.3%
share of reported value
Largest Position
+4.7%
Nvidia
New / Exited
40 / 36
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
Q1 ’19: $8.6BQ1 ’19Q2 ’19: $8.5BQ3 ’19: $10.8BQ4 ’19: $11.7BQ1 ’20: $8.9BQ1 ’20Q2 ’20: $11.7BQ3 ’20: $12.7BQ4 ’20: $14.2BQ2 ’21: $12.9BQ2 ’21Q3 ’21: $16.2BQ4 ’21: $17.1BQ1 ’22: $15.0BQ2 ’22: $10.7BQ2 ’22Q3 ’22: $9.5BQ4 ’22: $8.9BQ1 ’23: $9.7BQ2 ’23: $10.7BQ2 ’23Q3 ’23: $10.4BQ4 ’23: $11.1BQ1 ’24: $13.8BQ2 ’24: $13.8BQ2 ’24Q3 ’24: $14.3BQ4 ’24: $14.8BQ1 ’25: $12.9BQ2 ’25: $14.4BQ2 ’25Q3 ’25: $15.5BQ4 ’25: $16.3BQ1 ’26: $15.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 98.5%Other: 1.5%Tracking Stk: 0.1%REIT: 0.0%
  • Common Stock · 98.5% · $14.1B
  • Other · 1.5% · $210M
  • Tracking Stk · 0.1% · $8M
  • REIT · 0.0% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GEVGE VERNOVA INCNEW+102.1K102.1K+$54M$54M
MSTRMICROSTRATEGYNEW+92.5K92.5K+$37M$37M
CPCANADIAN PACIFICNEW+347.8K347.8K+$28M$28M
CRH PLCNEW+253.3K253.3K+$23M$23M
RBLXROBLOX CORP - ANEW+200.1K200.1K+$21M$21M
FLUTFLUTTER ENTER-DINEW+66.1K66.1K+$19M$19M
SRESEMPRANEW+243.7K243.7K+$18M$18M
CVNACARVANA CONEW+45.2K45.2K+$15M$15M

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

Holdings — Q2 2025

465 positions (from 466 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPhistory →COM4.67%$671M4.25M
2MSFTMICROSOFT CORPhistory →COM4.31%$620M1.25M
3AMZNAMAZON.COM INChistory →COM4.27%$613M2.80M
4AAPLAPPLE INChistory →COM3.94%$566M2.76M
5AVGOBROADCOM INChistory →COM3.21%$461M1.67M
6TSLATESLA INChistory →COM2.40%$344M1.08M
7GOOGLALPHABET INC-Ahistory →CAP STK CL A2.30%$331M1.88M
8GOOGALPHABET INC-Chistory →CAP STK CL C1.96%$282M1.59M
9LLYELI LILLY & COhistory →COM1.63%$235M301.4K
10VVISA INC-CLASS Ahistory →COM CL A1.59%$229M645.4K
11NFLXNETFLIX INChistory →COM1.49%$215M160.4K
12MAMASTERCARD INC-Ahistory →CL A1.19%$171M304.5K
13COSTCOSTCO WHOLESALEhistory →COM1.14%$165M166.2K
14JPMJPMORGAN CHASEhistory →COM1.09%$156M538.1K
15PGPROCTER & GAMBLEhistory →COM0.97%$140M876.6K
16JNJJOHNSON&JOHNSONhistory →COM0.96%$138M903.2K
17ORCLORACLE CORPhistory →COM0.96%$138M629.0K
18HDHOME DEPOT INChistory →COM0.95%$136M371.5K
19ABBVABBVIE INChistory →COM0.85%$123M661.3K
20KOCOCA-COLA CO/THEhistory →COM0.75%$108M1.53M
21UNHUNITEDHEALTH GRPhistory →COM0.74%$107M342.0K
22CSCOCISCO SYSTEMShistory →COM0.72%$103M1.49M
23IBMIBMhistory →COM0.71%$102M346.6K
24CRMSALESFORCE INChistory →COM0.68%$98M359.3K
25WFCWELLS FARGO & COhistory →COM0.68%$98M1.22M
26ABTABBOTT LABShistory →COM0.61%$88M648.3K
27AMDADV MICRO DEVICEhistory →COM0.60%$86M607.3K
28DISWALT DISNEY CO/Thistory →COM0.58%$84M676.8K
29LINDE PLCSHS0.58%$83M176.8K
30INTUINTUIT INChistory →COM0.57%$82M104.5K
31NOWSERVICENOW INChistory →COM0.55%$80M77.4K
32MCDMCDONALDS CORPhistory →COM0.54%$78M267.7K
33TAT&T INChistory →COM0.54%$78M2.68M
34MRKMERCK & COhistory →COM0.52%$74M940.7K
35ISRGINTUITIVE SURGIChistory →COM NEW0.51%$73M133.9K
36BKNGBOOKING HOLDINGShistory →COM0.50%$71M12.3K
37TXNTEXAS INSTRUMENThistory →COM0.49%$71M340.2K
38ACNACCENTURE PLC-Ahistory →SHS CLASS A0.49%$70M234.1K
39VZVERIZON COMMUNIChistory →COM0.47%$68M1.58M
40PEPPEPSICO INChistory →COM0.47%$68M512.7K
41AXPAMERICAN EXPRESShistory →COM0.47%$67M209.7K
42QCOMQUALCOMM INChistory →COM0.46%$66M413.4K
43UBERUBER TECHNOLOGIEhistory →COM0.46%$66M703.6K
44BACBANK OF AMERICAhistory →COM0.46%$66M1.39M
45SPGIS&P GLOBAL INChistory →COM0.43%$62M117.3K
46ADBEADOBE INChistory →COM0.43%$62M159.4K
47BSXBOSTON SCIENTIFChistory →COM0.41%$59M553.0K
48SCHWSCHWAB (CHARLES)history →COM0.41%$59M644.0K
49PGRPROGRESSIVE CORPhistory →COM0.41%$58M219.2K
50BLKBLACKROCK INChistory →COM0.40%$58M55.0K
51TMOTHERMO FISHERhistory →COM0.40%$57M141.1K
52AMGNAMGEN INChistory →COM0.39%$56M201.0K
53AMATAPPLIED MATERIALhistory →COM0.39%$56M303.8K
54GEVGE VERNOVA INChistory →COM0.38%$54M102.1K
55SHOPSHOPIFY INC - Ahistory →CL A SUB VTG SHS0.36%$52M455.2K
56ETNEATON CORP PLChistory →SHS0.36%$52M146.5K
57UNPUNION PAC CORPhistory →COM0.36%$52M224.7K
58GILDGILEAD SCIENCEShistory →COM0.36%$52M466.1K
59MUMICRON TECHhistory →COM0.36%$51M417.8K
60PFEPFIZER INChistory →COM0.36%$51M2.12M
61COFCAPITAL ONE FINAhistory →COM0.35%$51M239.1K
62SYKSTRYKER CORPhistory →COM0.35%$51M128.4K
63PANWPALO ALTO NETWORhistory →COM0.35%$51M247.5K
64CMCSACOMCAST CORP-Ahistory →CL A0.35%$50M1.41M
65DEDEERE & COhistory →COM0.34%$49M96.5K
66DHRDANAHER CORPhistory →COM0.33%$48M240.7K
67CRWDCROWDSTRIKE HO-Ahistory →CL A0.33%$47M92.7K
68LRCXLAM RESEARCHhistory →COM NEW0.33%$47M482.3K
69ADPAUTOMATIC DATAhistory →COM0.33%$47M152.1K
70LOWLOWE'S COS INChistory →COM0.32%$46M209.2K
71APHAMPHENOL CORP-Ahistory →CL A0.31%$45M453.1K
72MELIMERCADOLIBRE INChistory →COM0.31%$45M17.1K
73KLACKLA CORPhistory →COM NEW0.31%$45M49.7K
74ADIANALOG DEVICEShistory →COM0.31%$44M185.5K
75GSGOLDMAN SACHS GPhistory →COM0.29%$42M59.6K
76MEDTRONIC PLCSHS0.29%$42M479.5K
77CBCHUBB LTDhistory →COM0.29%$41M142.3K
78ANETARISTA NETWORKShistory →COM SHS0.29%$41M400.8K
79TMUST-MOBILE US INChistory →COM0.28%$41M170.7K
80MRSHMARSH & MCLENNANhistory →COM0.28%$40M184.2K
81ICEINTERCONT EXCH Ihistory →COM0.27%$39M214.7K
82SBUXSTARBUCKS CORPhistory →COM0.27%$39M424.6K
83MSTRMICROSTRATEGYhistory →CL A NEW0.26%$37M92.5K
84CMECME GROUP INChistory →COM0.26%$37M135.0K
85TTTRANE TECHNOLOGIhistory →SHS0.25%$37M83.8K
86INTCINTEL CORPhistory →COM0.25%$37M1.63M
87RYROYAL BANK OF CAhistory →COM0.25%$36M274.9K
88FISVFISERV INChistory →COM0.25%$36M208.9K
89BMYBRISTOL-MYER SQBhistory →COM0.24%$35M760.7K
90WMWASTE MANAGEMENThistory →COM0.24%$35M150.8K
91MCKMCKESSON CORPhistory →COM0.24%$34M46.8K
92DUKDUKE ENERGY CORPhistory →COM NEW0.24%$34M290.5K
93PHPARKER HANNIFINhistory →COM0.23%$34M48.3K
94CITHE CIGNA GROUPhistory →COM0.23%$33M101.3K
95DASHDOORDASH INC-Ahistory →CL A0.23%$33M133.9K
96ELVELEVANCE HEALTHhistory →COM0.23%$33M84.6K
97MSMORGAN STANLEYhistory →COM NEW0.23%$33M231.7K
98CVSCVS HEALTH CORPhistory →COM0.23%$33M471.2K
99CDNSCADENCE DESIGNhistory →COM0.22%$32M103.4K
100TDGTRANSDIGM GROUPhistory →COM0.22%$32M20.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$15.1B430Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$16.3B442Jan 15, 202613F-HRchanges · EDGAR ↗
Q3 2025$15.5B458Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$14.4B466Jul 10, 202513F-HRchanges · EDGAR ↗
Q1 2025$12.9B462Apr 17, 202513F-HRchanges · EDGAR ↗
Q4 2024$14.8B476Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$14.3B481Oct 30, 202413F-HRchanges · EDGAR ↗
Q2 2024$13.8B491Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$13.8B501Apr 29, 202413F-HRchanges · EDGAR ↗
Q4 2023$11.1B429Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$10.4B445Oct 25, 202313F-HRchanges · EDGAR ↗
Q2 2023$10.7B456Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$9.7B413Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$8.9B421Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$9.5B424Nov 1, 202213F-HRchanges · EDGAR ↗
Q2 2022$10.7B432Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$15.0B382May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$17.1B386Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$16.2B399Nov 3, 202113F-HRchanges · EDGAR ↗
Q2 2021$12.9B383Aug 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$14.2B322Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$12.7B334Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$11.7B338Jul 23, 202013F-HRchanges · EDGAR ↗
Q1 2020$8.9B325May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$11.7B324Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$10.8B338Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$8.5B656Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$8.6B634May 6, 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 ↗.