Achmea Investment Management B.V.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Achmea Investment Management B.V. reported 328 stock positions worth $7.7 billion. Its top holding was Nvidia (NVDA) at 7.3% of the portfolio, followed by Microsoft (MSFT, 6.0%) and Apple (AAPL, 5.3%). Compared with Q1 2025, it opened 26 new positions, sold out of 54, added to 162 and reduced 85. The biggest buy was Nvidia (NVDA, shares +4%) and the biggest sale an exit from Lam Research (LRCX).
- Most Recent 13F
- Q2 2026
- Location
- ZEIST, P7
- CIK
- 0001697765
- Portfolio Value
- $7.7B (Q2 2025)
- SEC Filing
- 0001697765-25-000003 ↗ filed Aug 6, 2025
Holdings Value
Holdings 328 stocks · $7.7B
| NVDA Nvidia Corp. | 7.29% | 3,577,431 | $565.2M | Add +3.7% |
| MSFT Microsoft Corp. | 5.99% | 933,610 | $464.4M | Add +2.7% |
| AAPL Apple Inc. | 5.31% | 2,005,296 | $411.4M | Add +3.5% |
| AMZN Amazon.com Inc. | 3.39% | 1,196,921 | $262.6M | Add +3.1% |
| META Meta Platforms Inc. Class A | 2.98% | 313,131 | $231.1M | Add +4.1% |
| GOOGL Alphabet Inc. Class A | 2.23% | 980,819 | $172.8M | Add +7.7% |
| AVGO Broadcom Inc. | 1.96% | 551,953 | $152.1M | Add +8.2% |
| JPM JPMorgan Chase & Co. | 1.65% | 439,976 | $127.6M | Add +18.4% |
| GOOG Alphabet Inc. Class C | 1.27% | 552,820 | $98.1M | Add +3.9% |
| AMAT Applied Materials Inc. | 1.18% | 501,587 | $91.8M | Add +7.6% |
| NFLX Netflix Inc. | 1.18% | 68,523 | $91.8M | Add +15.5% |
| KLAC KLA Corp. | 1.14% | 98,398 | $88.1M | Add +14.9% |
| TT Trane Technologies PLC | 1.10% | 195,665 | $85.6M | Reduce -1.8% |
| COST Costco Wholesale Corp. | 1.03% | 80,392 | $79.6M | Add +6.8% |
| WMT Walmart Inc. | 1.02% | 806,462 | $78.9M | Reduce -7.0% |
| CSCO Cisco Systems Inc. | 0.92% | 1,022,990 | $71.0M | Add +12.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.91% | 239,571 | $70.6M | Add +2.9% |
| ABBV Abbvie Inc. | 0.86% | 358,572 | $66.6M | Add +1.2% |
| V Visa Inc. Class A | 0.81% | 176,734 | $62.7M | Add +2.8% |
| FTNT Fortinet Inc. | 0.80% | 585,356 | $61.9M | Add +8.8% |
| RMD Resmed Inc. | 0.79% | 237,652 | $61.3M | Reduce -0.1% |
| T AT&T Inc. | 0.78% | 2,099,662 | $60.8M | Add +4.2% |
| PANW Palo Alto Networks Inc. | 0.78% | 294,832 | $60.3M | Add +1.0% |
| ADSK Autodesk Inc. | 0.77% | 191,708 | $59.3M | Add +2.5% |
| PG The Procter & Gamble Co. | 0.76% | 370,743 | $59.1M | Add +7.9% |
| AMGN Amgen Inc. | 0.73% | 201,714 | $56.3M | Add +34.1% |
| BKNG Booking Holdings Inc. | 0.70% | 9,309 | $53.9M | Add +6.4% |
| LII Lennox International Inc. | 0.69% | 93,893 | $53.8M | Add +2.8% |
| HD Home Depot Inc. | 0.69% | 145,671 | $53.4M | Add +8.2% |
| GILD Gilead Sciences Inc. | 0.65% | 455,788 | $50.5M | Add +13.6% |
| LLY Eli Lilly & Co. | 0.65% | 64,533 | $50.3M | Add +1.1% |
| JNJ Johnson & Johnson | 0.65% | 328,820 | $50.2M | Add +32.5% |
| CAT Caterpillar Inc. | 0.64% | 127,903 | $49.7M | Add +5.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.60% | 374,887 | $46.3M | Add +11.3% |
| XYL Xylem Inc. | 0.57% | 340,489 | $44.0M | Add +5.2% |
| AXP American Express Co. | 0.56% | 136,034 | $43.4M | Reduce -2.9% |
| PLTR Palantir Technologies Inc. Class A | 0.55% | 314,172 | $42.8M | Add +115.3% |
| MCK McKesson Corp. | 0.54% | 57,027 | $41.8M | Add +1.2% |
| MA Mastercard Inc. Class A | 0.54% | 74,353 | $41.8M | Add +8.6% |
| QCOM Qualcomm Inc. | 0.53% | 256,993 | $40.9M | Add +8.5% |
| CRM Salesforce Inc. | 0.52% | 148,254 | $40.4M | Add +9.2% |
| BMY Bristol-Myers Squibb Co. | 0.52% | 869,050 | $40.2M | Add +30.5% |
| TD Toronto-Dominion Bank | 0.52% | 548,046 | $40.2M | New |
| VZ Verizon Communications Inc. | 0.52% | 925,606 | $40.1M | Add +12.4% |
| TMUS T-Mobile US Inc. | 0.50% | 161,998 | $38.6M | Reduce -1.7% |
| MTD Mettler-Toledo International | 0.49% | 32,511 | $38.2M | Add +4.1% |
| CI The Cigna Group | 0.48% | 112,203 | $37.1M | Add +0.1% |
| CTAS Cintas Corp. | 0.46% | 158,470 | $35.3M | Add +8.1% |
| HUBS HubSpot Inc. | 0.45% | 62,701 | $34.9M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.45% | 110,952 | $34.6M | Add +17.3% |
| MSI Motorola Solutions Inc. | 0.44% | 81,902 | $34.4M | Add +4.3% |
| COR Cencora Inc. | 0.43% | 111,504 | $33.4M | Reduce -2.1% |
| KR Kroger Co. | 0.43% | 465,894 | $33.4M | Add +3.0% |
| INTU Intuit Inc. | 0.43% | 41,892 | $33.0M | Reduce -19.7% |
| CAH Cardinal Health Inc. | 0.42% | 194,960 | $32.8M | Reduce -0.6% |
| RSG Republic Services Inc. | 0.41% | 128,836 | $31.8M | Reduce -1.0% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.40% | 441,786 | $31.3M | Add +14.9% |
| ACN Accenture PLC Class A | 0.40% | 103,919 | $31.1M | Add +37.3% |
| MDT Medtronic PLC | 0.40% | 356,220 | $31.1M | Add +6.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.39% | 645,806 | $30.6M | Add +4.1% |
| VRSN Verisign Inc. | 0.38% | 102,883 | $29.7M | Add +6.5% |
| NRG NRG Energy Inc. | 0.38% | 183,603 | $29.5M | Add +26.1% |
| SYF Synchrony Financial | 0.38% | 441,644 | $29.5M | Add +6.6% |
| ADP Automatic Data Processing | 0.38% | 94,891 | $29.3M | Add +3.7% |
| EBAY eBay Inc. | 0.37% | 387,668 | $28.9M | Add +1.5% |
| AFL Aflac Inc. | 0.37% | 273,537 | $28.8M | Reduce -9.5% |
| APH Amphenol Corp. Class A | 0.37% | 291,624 | $28.8M | Reduce -0.7% |
| EME Emcor Group Inc. | 0.37% | 53,149 | $28.4M | Add +13.7% |
| GS Goldman Sachs Group Inc. | 0.36% | 39,109 | $27.7M | Add +335.3% |
| HIG Hartford Insurance Group Inc. | 0.35% | 214,831 | $27.3M | Reduce -12.3% |
| MFC Manulife Financial Corp. | 0.35% | 847,089 | $27.0M | Reduce -4.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.35% | 25,866 | $26.9M | Add +2.6% |
| TRP TC Energy Corp. | 0.35% | 551,113 | $26.9M | Add +22.7% |
| WSM Williams-Sonoma Inc. | 0.34% | 163,252 | $26.7M | Add +22.4% |
| VRSK Verisk Analytics Inc. | 0.34% | 85,532 | $26.6M | Add +20.4% |
| KMB Kimberly-Clark Corp. | 0.34% | 205,959 | $26.6M | Reduce -4.3% |
| STT State Street Corp. | 0.34% | 246,361 | $26.2M | Add +3.8% |
| EXC Exelon Corp. | 0.34% | 601,711 | $26.1M | Add +10.2% |
| JBL Jabil Inc. | 0.33% | 118,150 | $25.8M | Add +760.5% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.33% | 282,797 | $25.8M | Reduce -0.1% |
| FFIV F5 Inc. | 0.33% | 86,259 | $25.4M | Add +6.5% |
| BSX Boston Scientific Corp. | 0.33% | 234,655 | $25.2M | Add +17.3% |
| DGX Quest Diagnostics Inc. | 0.32% | 137,029 | $24.6M | Add +0.4% |
| GM General Motors Co. | 0.31% | 490,928 | $24.2M | Add +0.5% |
| TRGP Targa Resources Corp. | 0.31% | 138,605 | $24.1M | Add +18.6% |
| MCO Moody's Corp. | 0.31% | 47,570 | $23.9M | Reduce -6.1% |
| CVNA Carvana Co. | 0.31% | 70,408 | $23.7M | Reduce -6.8% |
| VLO Valero Energy Corp. | 0.30% | 175,400 | $23.6M | Reduce -12.8% |
| MS Morgan Stanley | 0.30% | 166,148 | $23.4M | Add +14.1% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.30% | 712,056 | $23.2M | Add +1717.8% |
| GDDY GoDaddy Inc. Class A | 0.30% | 128,472 | $23.1M | Add +0.8% |
| PAYX Paychex Inc. | 0.29% | 157,058 | $22.8M | Reduce -4.8% |
| LNG Cheniere Energy Inc. | 0.29% | 93,792 | $22.8M | Add +3.6% |
| MNST Monster Beverage Corp. | 0.29% | 363,683 | $22.8M | Add +1296.4% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.29% | 245,947 | $22.6M | Add +1207.1% |
| SNA Snap-on Inc. | 0.29% | 72,430 | $22.5M | Add +7.3% |
| BKR Baker Hughes Co. | 0.29% | 585,674 | $22.5M | Add +15.9% |
| EA Electronic Arts Inc. | 0.28% | 138,213 | $22.1M | Reduce -9.5% |
| AKAM Akamai Technologies Inc. | 0.28% | 269,016 | $21.5M | Add +0.1% |
| LOW Lowe's Cos Inc. | 0.28% | 96,705 | $21.5M | Reduce -1.9% |
Portfolio Sells Q1 2025 → Q2 2025
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.89 |
| GEN Gen Digital Inc. | Sold out | 0.00% | −0.56 |
| FISV Fiserv Inc. | Reduce -96.9% | 0.01% | −0.53 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.49 |
| CL Colgate-Palmolive Co. | Reduce -72.8% | 0.12% | −0.38 |
| GE General Electric | Sold out | 0.00% | −0.35 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.28 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.27 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.23 |
| SEIC Sei Investments Company | Sold out | 0.00% | −0.17 |
| BNS Bank of Nova Scotia | Sold out | 0.00% | −0.16 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.15 |
| AMP Ameriprise Financial Inc. | Reduce -82.9% | 0.03% | −0.15 |
| TMUS T-Mobile US Inc. | Reduce -1.7% | 0.50% | −0.14 |
| ADBE Adobe Inc. | Reduce -32.3% | 0.22% | −0.14 |
| NTAP Netapp Inc. | Reduce -52.8% | 0.14% | −0.14 |
| AEM Agnico Eagle Mines Ltd. | Reduce -32.5% | 0.26% | −0.13 |
| LEN Lennar Corp. Class A | Reduce -48.4% | 0.10% | −0.13 |
| UTHR United Therapeutics Corp. | Reduce -36.1% | 0.14% | −0.13 |
| AFL Aflac Inc. | Reduce -9.5% | 0.37% | −0.12 |
| RPM RPM International Inc. | Reduce -37.9% | 0.13% | −0.11 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.11 |
| KMB Kimberly-Clark Corp. | Reduce -4.3% | 0.34% | −0.10 |
| SSNC Ss&c Technologies Holdings | Reduce -22.6% | 0.22% | −0.10 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −0.09 |
| WMT Walmart Inc. | Reduce -7.0% | 1.02% | −0.09 |
| HIG Hartford Insurance Group Inc. | Reduce -12.3% | 0.35% | −0.09 |
| HPQ HP Inc. | Reduce -6.4% | 0.24% | −0.09 |
| VLO Valero Energy Corp. | Reduce -12.8% | 0.30% | −0.08 |
| IT Gartner Inc. | Reduce -70.8% | 0.03% | −0.08 |
| HUBS HubSpot Inc. | Reduce -1.3% | 0.45% | −0.08 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.08 |
| PAYX Paychex Inc. | Reduce -4.8% | 0.29% | −0.08 |
| GLPI Gaming and Leisure Propertie | Reduce -16.3% | 0.16% | −0.08 |
| CHKP Check Point Software Tech | Reduce -57.2% | 0.04% | −0.07 |
| PSA Public Storage | Reduce -14.9% | 0.21% | −0.07 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.07 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.07 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −0.07 |
| PBA Pembina Pipeline Corp. | Reduce -4.6% | 0.24% | −0.06 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.06 |
| CMI Cummins Inc. | Reduce -15.4% | 0.22% | −0.06 |
| OC Owens Corning | Reduce -14.0% | 0.16% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -4.0% | 0.18% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -1.9% | 0.28% | −0.06 |
| MMM 3M Co. | Reduce -19.6% | 0.16% | −0.06 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.06 |
| AIG American International Group | Reduce -5.3% | 0.26% | −0.06 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.06 |
| MFC Manulife Financial Corp. | Reduce -4.8% | 0.35% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +3.7% | 7.29% | +1.85 |
| MSFT Microsoft Corp. | Add +2.7% | 5.99% | +1.02 |
| AVGO Broadcom Inc. | Add +8.2% | 1.96% | +0.72 |
| TD Toronto-Dominion Bank | New | 0.52% | +0.52 |
| META Meta Platforms Inc. Class A | Add +4.1% | 2.98% | +0.46 |
| NFLX Netflix Inc. | Add +15.5% | 1.18% | +0.38 |
| PLTR Palantir Technologies Inc. Class A | Add +115.3% | 0.55% | +0.37 |
| JPM JPMorgan Chase & Co. | Add +18.4% | 1.65% | +0.32 |
| JBL Jabil Inc. | Add +760.5% | 0.33% | +0.31 |
| KLAC KLA Corp. | Add +14.9% | 1.14% | +0.29 |
| GS Goldman Sachs Group Inc. | Add +335.3% | 0.36% | +0.29 |
| VICI Vici Properties Inc. | Add +1717.8% | 0.30% | +0.28 |
| MNST Monster Beverage Corp. | Add +1296.4% | 0.29% | +0.27 |
| CF CF Industries Holdings Inc. | Add +1207.1% | 0.29% | +0.27 |
| CBRE CBRE Group Inc. Class A | New | 0.27% | +0.27 |
| AMAT Applied Materials Inc. | Add +7.6% | 1.18% | +0.20 |
| ALLE Allegion PLC | New | 0.19% | +0.19 |
| GOOGL Alphabet Inc. Class A | Add +7.7% | 2.23% | +0.18 |
| NRG NRG Energy Inc. | Add +26.1% | 0.38% | +0.18 |
| AMZN Amazon.com Inc. | Add +3.1% | 3.39% | +0.17 |
| MCD McDonald's Corp. | Add +311.9% | 0.21% | +0.15 |
| EME Emcor Group Inc. | Add +13.7% | 0.37% | +0.12 |
| ORCL Oracle Corp. | Add +48.0% | 0.22% | +0.11 |
| ORLY O'reilly Automotive Inc. | Add +124.8% | 0.24% | +0.11 |
| BKNG Booking Holdings Inc. | Add +6.4% | 0.70% | +0.11 |
| CSCO Cisco Systems Inc. | Add +12.7% | 0.92% | +0.10 |
| CTVA Corteva Inc. | New | 0.10% | +0.10 |
| REG Regency Centers Corp. | Add +641.3% | 0.11% | +0.09 |
| CVS CVS Health Corp. | Add +87.1% | 0.22% | +0.09 |
| CM Can Imperial BK of Commerce | Add +14.9% | 0.40% | +0.09 |
| MSTR Strategy Inc. | Add +1867.3% | 0.09% | +0.09 |
| DECK Deckers Outdoor Corp. | Add +135.3% | 0.18% | +0.09 |
| RIVN Rivian Automotive Inc. Class A | New | 0.08% | +0.08 |
| MTB M & T Bank Corp. | New | 0.08% | +0.08 |
| MDLZ Mondelez International Inc. Class A | New | 0.08% | +0.08 |
| FUTU Futu Holdings Ltd.-ADR | Add +220.7% | 0.11% | +0.08 |
| NEM Newmont Corp. | Add +320.1% | 0.10% | +0.08 |
| IBM Intl Business Machines Corp. | Add +2.9% | 0.91% | +0.07 |
| ULTA Ulta Beauty Inc. | Add +40.4% | 0.18% | +0.07 |
| AMT American Tower Corp. | New | 0.07% | +0.07 |
| RCL Royal Caribbean Cruises Ltd. | Add +7.7% | 0.21% | +0.06 |
| ACI Albertsons Cos Inc. Class A | Add +85.0% | 0.17% | +0.06 |
| SYF Synchrony Financial | Add +6.6% | 0.38% | +0.06 |
| DRI Darden Restaurants Inc. | Add +288.1% | 0.08% | +0.06 |
| CAT Caterpillar Inc. | Add +5.6% | 0.64% | +0.06 |
| ACN Accenture PLC Class A | Add +37.3% | 0.40% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +3.9% | 1.27% | +0.06 |
| USB US Bancorp | New | 0.06% | +0.06 |
| MS Morgan Stanley | Add +14.1% | 0.30% | +0.05 |
| WDC Western Digital Corp. | New | 0.05% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 115 | $4.0B | NVDA, GOOGL, AVGO, GOOG, LRCX |
| Q1 2026 | 108 | $3.8B | NVDA, GOOGL, META, AVGO, GOOG |
| Q4 2025 | 123 | $3.9B | NVDA, GOOGL, META, AVGO, GOOG |
| Q3 2025 | 296 | $8.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q2 2025 | 328 | $7.7B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 356 | $6.9B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 394 | $6.1B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2024 | 404 | $6.1B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q2 2024 | 407 | $5.6B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024 | 423 | $5.2B | MSFT, AAPL, NVDA, AMZN, GOOGL |