AEGON ASSET MANAGEMENT UK Plc

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), AEGON ASSET MANAGEMENT UK Plc reported 159 stock positions worth $8.4 billion. Its top holding was Microsoft (MSFT) at 8.0% of the portfolio, followed by Nvidia (NVDA, 6.8%) and Apple (AAPL, 5.5%). Compared with Q3 2025, it opened 14 new positions, sold out of 8, added to 45 and reduced 85. The biggest buy was Alphabet Class A (GOOGL, shares +5%) and the biggest sale Meta Platforms Class A (META, shares −31%).

Most Recent 13F
Q2 2026
Location
EDINBURGH, X0
CIK
0001539994
Portfolio Value
$8.4B (Q4 2025)
SEC Filing
0001539994-26-000003 ↗ filed Jan 29, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $6.7B Q1 2024 Q2 2024: $7.1B Q2 2024 Q3 2024: $7.3B Q3 2024 Q4 2024: $7.6B Q4 2024 Q1 2025: $6.9B Q1 2025 Q2 2025: $7.8B Q2 2025 Q3 2025: $8.4B Q3 2025 Q4 2025: $8.4B $8.4B Q4 2025 Q1 2026: $7.5B Q1 2026 Q2 2026: $9.4B Q2 2026

Holdings 159 stocks · $8.4B
MSFT Microsoft Corp. 7.98% 1,385,946 $670.2M Reduce -1.8%
NVDA Nvidia Corp. 6.81% 3,069,746 $572.5M Reduce -5.6%
AAPL Apple Inc. 5.54% 1,712,364 $465.5M Add +1.4%
AVGO Broadcom Inc. 5.08% 1,234,774 $427.2M Reduce -11.0%
AMZN Amazon.com Inc. 4.60% 1,673,860 $386.4M Add +13.4%
GOOGL Alphabet Inc. Class A 3.78% 1,014,714 $317.6M Add +4.9%
GOOG Alphabet Inc. Class C 2.79% 746,507 $234.2M Reduce -6.6%
META Meta Platforms Inc. Class A 2.52% 320,747 $211.6M Reduce -31.1%
JPM JPMorgan Chase & Co. 2.37% 617,381 $199.0M Reduce -3.9%
TSM Taiwan Semiconductor-SP ADR 2.08% 576,072 $175.0M Reduce -3.0%
MRK Merck & Co. Inc. 1.63% 1,299,758 $136.8M Add +3.0%
MS Morgan Stanley 1.51% 716,857 $127.3M Reduce -7.2%
KLAC KLA Corp. 1.47% 102,019 $123.9M Add +9.2%
JNJ Johnson & Johnson 1.44% 585,592 $121.2M Reduce -9.5%
ABBV Abbvie Inc. 1.37% 503,423 $115.0M Reduce -3.8%
CMI Cummins Inc. 1.24% 203,604 $103.9M Add +11.0%
MU Micron Technology Inc. 1.23% 360,957 $103.0M Reduce -5.5%
TSLA Tesla Inc. 1.16% 217,713 $97.9M Reduce -2.4%
HD Home Depot Inc. 0.99% 241,885 $83.2M Reduce -5.3%
CME Cme Group Inc. 0.94% 289,783 $79.1M Add +0.7%
V Visa Inc. Class A 0.93% 222,030 $77.9M Reduce -4.7%
DHR Danaher Corp. 0.89% 328,147 $75.1M Add +81.1%
TXN Texas Instruments Inc. 0.87% 419,152 $72.7M Reduce -21.6%
LLY Eli Lilly & Co. 0.86% 67,329 $72.4M Add +35.0%
PEP Pepsico Inc. 0.84% 491,875 $70.6M Add +58.3%
CINF Cincinnati Financial Corp. 0.84% 430,542 $70.3M Reduce -16.7%
SHOP Shopify Inc. Class A 0.82% 430,609 $69.3M Add +49.7%
ROK Rockwell Automation Inc. 0.80% 173,787 $67.6M Reduce -2.4%
CSCO Cisco Systems Inc. 0.80% 875,385 $67.4M Reduce -4.0%
MET Metlife Inc. 0.79% 844,373 $66.7M Reduce -6.0%
BRK.B Berkshire Hathaway Inc. Class B 0.78% 129,614 $65.2M Reduce -2.5%
RTX RTX Corp. 0.77% 352,618 $64.7M Reduce -0.8%
ADP Automatic Data Processing 0.72% 236,525 $60.8M Reduce -21.0%
XYL Xylem Inc. 0.70% 432,870 $58.9M Add +3.6%
CFG Citizens Financial Group 0.69% 994,070 $58.1M Reduce -16.5%
NFLX Netflix Inc. 0.67% 597,660 $56.0M Add +15.2%
STT State Street Corp. 0.66% 431,944 $55.7M Reduce -3.0%
NOW ServiceNow Inc. 0.66% 362,441 $55.5M Reduce -8.2%
GE General Electric filed as GE AEROSPACE 0.66% 179,788 $55.4M New
ORCL Oracle Corp. 0.65% 278,711 $54.3M Reduce -2.6%
CRWD CrowdStrike Holdings Inc. Class A 0.64% 114,697 $53.8M Reduce -8.5%
CL Colgate-Palmolive Co. 0.61% 651,304 $51.5M Reduce -24.8%
QCOM Qualcomm Inc. 0.61% 300,236 $51.4M New
CDNS Cadence Design SYS Inc. 0.58% 157,037 $49.1M Add +1.3%
WMT Walmart Inc. 0.58% 434,136 $48.4M Add +12.4%
SLB SLB Ltd. filed as SLB LIMITED 0.57% 1,249,252 $47.9M Add +2.4%
NEM Newmont Corp. 0.57% 475,606 $47.5M Reduce -24.9%
ANET Arista Networks Inc. 0.56% 362,043 $47.4M Add +25.0%
STLD Steel Dynamics Inc. 0.56% 279,893 $47.4M Add +3.8%
PGR Progressive Corp. 0.55% 201,916 $46.0M Reduce -6.8%
BIIB Biogen Inc. 0.54% 260,162 $45.8M Add +33.0%
ADSK Autodesk Inc. 0.53% 150,974 $44.7M Reduce -17.6%
EXPE Expedia Group Inc. 0.53% 157,697 $44.7M Reduce -18.2%
MCO Moody's Corp. 0.53% 86,856 $44.4M Reduce -14.5%
USB US Bancorp 0.51% 810,525 $43.2M Reduce -10.5%
MELI MercadoLibre Inc. 0.47% 19,810 $39.9M Reduce -12.7%
JLL Jones Lang Lasalle Inc. 0.47% 117,735 $39.6M Reduce -8.6%
AVY Avery Dennison Corp. 0.46% 213,450 $38.8M Add +9.9%
WSO Watsco Inc. 0.46% 114,004 $38.4M Reduce -5.9%
AMD Advanced Micro Devices 0.46% 178,600 $38.2M Add +6.6%
DLTR Dollar Tree Inc. 0.45% 308,912 $38.0M New
PLTR Palantir Technologies Inc. Class A 0.45% 213,173 $37.9M Add +40.0%
LRCX Lam Research Corp. 0.44% 214,693 $36.7M Add +36.7%
APH Amphenol Corp. Class A 0.43% 268,644 $36.3M Add +27.0%
WCC Wesco International Inc. 0.43% 146,185 $35.7M Reduce -1.2%
KMB Kimberly-Clark Corp. 0.42% 352,625 $35.6M Reduce -17.7%
BLD Topbuild Corp. 0.41% 82,057 $34.2M Reduce -12.6%
TMO Thermo Fisher Scientific Inc. 0.41% 58,972 $34.2M Reduce -2.7%
CCK Crown Holdings Inc. 0.40% 326,810 $33.6M Add +104.1%
BMY Bristol-Myers Squibb Co. 0.39% 610,679 $32.9M Add +201.5%
UBER Uber Technologies Inc. 0.39% 399,420 $32.6M Reduce -33.1%
ORA Ormat Technologies Inc. 0.39% 294,748 $32.5M Add +102.6%
DRI Darden Restaurants Inc. 0.38% 172,429 $31.7M Reduce -41.6%
COST Costco Wholesale Corp. 0.38% 36,614 $31.6M Reduce -2.9%
WTRG Essential Utilities Inc. 0.37% 801,918 $30.8M Reduce -10.5%
NET Cloudflare Inc. Class A 0.36% 155,006 $30.6M Reduce -1.6%
NEE Nextera Energy Inc. 0.36% 372,019 $29.9M Reduce -3.8%
ITT Itt Inc. 0.35% 169,781 $29.4M Add +53.5%
URI United Rentals Inc. 0.34% 35,689 $28.9M Reduce -33.7%
UNH Unitedhealth Group Inc. 0.34% 85,503 $28.2M Reduce -0.7%
OMC Omnicom Group 0.33% 345,344 $27.9M Reduce -3.7%
GILD Gilead Sciences Inc. 0.33% 222,946 $27.4M Reduce -8.5%
FDX FedEx Corp. 0.32% 93,599 $27.0M Add +14.3%
CEG Constellation Energy 0.30% 71,006 $25.1M Add +12.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.29% 440,129 $24.2M Reduce -11.4%
DG Dollar General Corp. 0.29% 181,707 $24.1M Reduce -3.0%
CVX Chevron Corp. 0.28% 152,287 $23.2M Reduce -2.7%
WMS Advanced Drainage Systems Inc. 0.27% 157,715 $22.8M Reduce -22.2%
RSG Republic Services Inc. 0.27% 107,242 $22.7M Reduce -38.5%
XOM Exxon Mobil Corp. 0.27% 187,860 $22.6M Reduce -2.7%
BLK BlackRock Inc. 0.25% 19,547 $20.9M Reduce -12.8%
VCYT Veracyte Inc. 0.25% 489,418 $20.6M Add +19.5%
APA Apa Corp. 0.24% 836,211 $20.5M Add +44.9%
WTS Watts Water Technologies-A 0.23% 70,333 $19.4M Add +30.1%
BF.B Brown-Forman Corp. Class B 0.23% 732,913 $19.1M New
PODD Insulet Corp. 0.23% 66,687 $18.9M Reduce -12.6%
PHM Pultegroup Inc. 0.22% 160,501 $18.8M Reduce -47.9%
PLD Prologis Inc. 0.22% 147,056 $18.8M New
CG The Carlyle Group Inc. 0.22% 306,433 $18.1M Reduce -15.3%
IDXX Idexx Laboratories Inc. 0.21% 26,068 $17.6M Reduce -4.6%
SF Stifel Financial Corp. 0.20% 134,663 $16.9M Reduce -26.8%
MSI Motorola Solutions Inc. 0.20% 43,954 $16.8M No change
DGX Quest Diagnostics Inc. 0.19% 90,605 $15.7M Reduce -23.5%
SHW The Sherwin-Williams Co. 0.18% 45,640 $14.8M Reduce -19.7%
ORLY O'reilly Automotive Inc. 0.18% 161,870 $14.8M Reduce -4.8%
PLNT Planet Fitness Inc. Class A 0.17% 135,589 $14.7M Add +6.5%
EPAM Epam Systems Inc. 0.16% 66,836 $13.7M New
HDB HDFC Bank Ltd.-ADR 0.16% 360,817 $13.2M Reduce -3.6%
PFGC Performance Food Group Co. 0.15% 140,449 $12.6M Reduce -32.0%
ULS Ul Solutions Inc. Class A 0.14% 154,334 $12.2M Reduce -63.9%
MSA Msa Safety Inc. 0.14% 75,722 $12.1M Reduce -2.0%
SYK Stryker Corp. 0.14% 33,441 $11.8M Add +1.6%
NDAQ Nasdaq Inc. 0.13% 114,226 $11.1M Reduce -41.2%
IEX Idex Corp. 0.13% 61,029 $10.9M No change
MHK Mohawk Industries Inc. 0.13% 97,252 $10.6M Reduce -37.5%
KR Kroger Co. 0.13% 169,428 $10.6M Reduce -68.2%
PKG Packaging Corp. of America 0.12% 48,619 $10.0M Add +1.2%
COIN Coinbase Global Inc. Class A 0.11% 41,784 $9.4M Reduce -2.7%
DT Dynatrace Inc. 0.11% 208,751 $9.0M Reduce -32.5%
AMT American Tower Corp. 0.10% 50,112 $8.8M Reduce -81.9%
HBAN Huntington Bancshares Inc. 0.10% 495,973 $8.6M Reduce -4.5%
DLR Digital Realty Trust Inc. 0.10% 55,032 $8.5M Reduce -13.0%
OKE Oneok Inc. 0.10% 114,329 $8.4M No change
DHI D.R. Horton Inc. 0.10% 56,946 $8.2M No change
UNP Union Pacific Corp. 0.09% 33,150 $7.7M No change
ELS Equity Lifestyle Properties 0.07% 100,390 $6.1M No change
VEEV Veeva Systems Inc. Class A 0.07% 25,330 $5.7M Reduce -66.2%
TRU Transunion 0.07% 65,934 $5.7M Reduce -33.8%
MFC Manulife Financial Corp. 0.06% 148,031 $5.4M Reduce -7.9%
AIOT Powerfleet Inc. 0.06% 878,049 $4.7M Reduce -53.3%
BKNG Booking Holdings Inc. 0.03% 543 $2.9M Reduce -88.3%
BABA Alibaba Group Holding-SP ADR 0.03% 15,251 $2.2M Reduce -34.5%
CARG Cargurus Inc. 0.03% 55,100 $2.1M New
HURN Huron Consulting Group Inc. 0.02% 11,900 $2.1M New
OUT Outfront Media Inc. 0.02% 84,800 $2.0M New
AYI Acuity Inc. 0.02% 5,603 $2.0M New
DCI Donaldson Co. Inc. 0.02% 22,600 $2.0M New
DGII Digi International Inc. 0.02% 46,200 $2.0M New
EQT Eqt Corp. 0.02% 35,700 $1.9M New
CRM Salesforce Inc. 0.01% 3,265 $865K Add +19.6%
MCK McKesson Corp. 0.01% 1,052 $863K Add +22.5%
MA Mastercard Inc. Class A 0.01% 1,440 $822K Reduce -69.3%
ADI Analog Devices Inc. 0.01% 2,991 $811K No change
SPGI S&P Global Inc. 0.01% 1,435 $750K Add +23.3%
CBOE Cboe Global Markets Inc. 0.01% 2,853 $716K Add +29.1%
FTNT Fortinet Inc. 0.01% 8,347 $663K Add +27.6%
MSCI MSCI Inc. 0.01% 1,136 $652K Add +23.5%
INTU Intuit Inc. 0.01% 940 $623K Add +25.7%
WM Waste Management Inc. 0.01% 2,666 $586K Add +21.8%
JXN Jackson Financial Inc. Class A 0.01% 5,176 $552K No change
APD Air Products & Chemicals Inc. 0.01% 2,098 $518K No change
PM Philip Morris International 0.01% 3,223 $517K Add +39.6%
LMT Lockheed Martin Corp. 0.00% 857 $415K No change
ETSY Etsy Inc. 0.00% 4,833 $268K New
NUE Nucor Corp. 0.00% 1,446 $236K No change
ALB Albemarle Corp. 0.00% 1,655 $234K No change
PFE Pfizer Inc. 0.00% 4,280 $107K No change
CLX Clorox Company 0.00% 897 $90K No change
VTRS Viatris Inc. 0.00% 531 $7K No change

Portfolio Sells Q3 2025 → Q4 2025
META Meta Platforms Inc. Class A Reduce -31.1% 2.52% −1.53
MSFT Microsoft Corp. Reduce -1.8% 7.98% −0.69
AMT American Tower Corp. Reduce -81.9% 0.10% −0.53
NVDA Nvidia Corp. Reduce -5.6% 6.81% −0.38
AVGO Broadcom Inc. Reduce -11.0% 5.08% −0.34
TMUS T-Mobile US Inc. Sold out 0.00% −0.32
ADP Automatic Data Processing Reduce -21.0% 0.72% −0.32
ORCL Oracle Corp. Reduce -2.6% 0.65% −0.31
UBER Uber Technologies Inc. Reduce -33.1% 0.39% −0.31
KR Kroger Co. Reduce -68.2% 0.13% −0.30
TXN Texas Instruments Inc. Reduce -21.6% 0.87% −0.30
DRI Darden Restaurants Inc. Reduce -41.6% 0.38% −0.29
URI United Rentals Inc. Reduce -33.7% 0.34% −0.27
BKNG Booking Holdings Inc. Reduce -88.3% 0.03% −0.26
PHM Pultegroup Inc. Reduce -47.9% 0.22% −0.26
HD Home Depot Inc. Reduce -5.3% 0.99% −0.24
ULS Ul Solutions Inc. Class A Reduce -63.9% 0.14% −0.21
CL Colgate-Palmolive Co. Reduce -24.8% 0.61% −0.21
KMB Kimberly-Clark Corp. Reduce -17.7% 0.42% −0.21
RSG Republic Services Inc. Reduce -38.5% 0.27% −0.20
NOW ServiceNow Inc. Reduce -8.2% 0.66% −0.20
VEEV Veeva Systems Inc. Class A Reduce -66.2% 0.07% −0.20
KIM Kimco Realty Corp. Sold out 0.00% −0.17
ADSK Autodesk Inc. Reduce -17.6% 0.53% −0.16
MELI MercadoLibre Inc. Reduce -12.7% 0.47% −0.15
TTEK Tetra Tech Inc. Sold out 0.00% −0.14
DOV Dover Corp. Sold out 0.00% −0.13
CINF Cincinnati Financial Corp. Reduce -16.7% 0.84% −0.13
DSGX The Descartes Systems Grp Sold out 0.00% −0.13
WSO Watsco Inc. Reduce -5.9% 0.46% −0.12
MHK Mohawk Industries Inc. Reduce -37.5% 0.13% −0.11
PFGC Performance Food Group Co. Reduce -32.0% 0.15% −0.10
CDW CDW Corp. Sold out 0.00% −0.09
TU Telus Corp. Sold out 0.00% −0.09
RELX Relx PLC - Spon ADR Sold out 0.00% −0.09
CRWD CrowdStrike Holdings Inc. Class A Reduce -8.5% 0.64% −0.09
PGR Progressive Corp. Reduce -6.8% 0.55% −0.09
MET Metlife Inc. Reduce -6.0% 0.79% −0.08
DGX Quest Diagnostics Inc. Reduce -23.5% 0.19% −0.08
NDAQ Nasdaq Inc. Reduce -41.2% 0.13% −0.07
DT Dynatrace Inc. Reduce -32.5% 0.11% −0.07
NEM Newmont Corp. Reduce -24.9% 0.57% −0.07
WMS Advanced Drainage Systems Inc. Reduce -22.2% 0.27% −0.06
AIOT Powerfleet Inc. Reduce -53.3% 0.06% −0.06
BLK BlackRock Inc. Reduce -12.8% 0.25% −0.06
COIN Coinbase Global Inc. Class A Reduce -2.7% 0.11% −0.06
CFG Citizens Financial Group Reduce -16.5% 0.69% −0.06
ABBV Abbvie Inc. Reduce -3.8% 1.37% −0.06
WTRG Essential Utilities Inc. Reduce -10.5% 0.37% −0.06
SHW The Sherwin-Williams Co. Reduce -19.7% 0.18% −0.06

Portfolio Buys Q3 2025 → Q4 2025
GOOGL Alphabet Inc. Class A Add +4.9% 3.78% +0.99
AMZN Amazon.com Inc. Add +13.4% 4.60% +0.75
GE General Electric New 0.66% +0.66
QCOM Qualcomm Inc. New 0.61% +0.61
DHR Danaher Corp. Add +81.1% 0.89% +0.47
DLTR Dollar Tree Inc. New 0.45% +0.45
AAPL Apple Inc. Add +1.4% 5.54% +0.44
LLY Eli Lilly & Co. Add +35.0% 0.86% +0.41
MRK Merck & Co. Inc. Add +3.0% 1.63% +0.38
PEP Pepsico Inc. Add +58.3% 0.84% +0.32
SHOP Shopify Inc. Class A Add +49.7% 0.82% +0.32
CMI Cummins Inc. Add +11.0% 1.24% +0.32
BMY Bristol-Myers Squibb Co. Add +201.5% 0.39% +0.28
KLAC KLA Corp. Add +9.2% 1.47% +0.28
BF.B Brown-Forman Corp. Class B New 0.23% +0.23
PLD Prologis Inc. New 0.22% +0.22
ORA Ormat Technologies Inc. Add +102.6% 0.39% +0.22
BIIB Biogen Inc. Add +33.0% 0.54% +0.22
CCK Crown Holdings Inc. Add +104.1% 0.40% +0.22
LRCX Lam Research Corp. Add +36.7% 0.44% +0.19
EPAM Epam Systems Inc. New 0.16% +0.16
AMD Advanced Micro Devices Add +6.6% 0.46% +0.13
APH Amphenol Corp. Class A Add +27.0% 0.43% +0.12
PLTR Palantir Technologies Inc. Class A Add +40.0% 0.45% +0.12
STLD Steel Dynamics Inc. Add +3.8% 0.56% +0.12
ITT Itt Inc. Add +53.5% 0.35% +0.12
WMT Walmart Inc. Add +12.4% 0.58% +0.10
FDX FedEx Corp. Add +14.3% 0.32% +0.09
AVY Avery Dennison Corp. Add +9.9% 0.46% +0.09
VCYT Veracyte Inc. Add +19.5% 0.25% +0.08
APA Apa Corp. Add +44.9% 0.24% +0.08
SLB SLB Ltd. Add +2.4% 0.57% +0.07
ANET Arista Networks Inc. Add +25.0% 0.56% +0.06
WTS Watts Water Technologies-A Add +30.1% 0.23% +0.05
CEG Constellation Energy Add +12.2% 0.30% +0.05
CARG Cargurus Inc. New 0.03% +0.03
HURN Huron Consulting Group Inc. New 0.02% +0.02
OUT Outfront Media Inc. New 0.02% +0.02
AYI Acuity Inc. New 0.02% +0.02
DGII Digi International Inc. New 0.02% +0.02
DCI Donaldson Co. Inc. New 0.02% +0.02
EQT Eqt Corp. New 0.02% +0.02
CME Cme Group Inc. Add +0.7% 0.94% +0.02
PLNT Planet Fitness Inc. Class A Add +6.5% 0.17% +0.02
ETSY Etsy Inc. New 0.00% +0.00
CRM Salesforce Inc. Add +19.6% 0.01% +0.00
MCK McKesson Corp. Add +22.5% 0.01% +0.00
SPGI S&P Global Inc. Add +23.3% 0.01% +0.00
CBOE Cboe Global Markets Inc. Add +29.1% 0.01% +0.00
PM Philip Morris International Add +39.6% 0.01% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 172$9.4BNVDA, AAPL, MSFT, AVGO, AZN
Q1 2026 162$7.5BNVDA, MSFT, AAPL, AVGO, AMZN
Q4 2025 159$8.4BMSFT, NVDA, AAPL, AVGO, AMZN
Q3 2025 153$8.4BMSFT, NVDA, AVGO, AAPL, META
Q2 2025 152$7.8BMSFT, NVDA, AVGO, AAPL, META
Q1 2025 152$6.9BMSFT, AAPL, NVDA, AMZN, META
Q4 2024 153$7.6BMSFT, NVDA, AAPL, AMZN, AVGO
Q3 2024 142$7.3BMSFT, NVDA, AAPL, AVGO, AMZN
Q2 2024 141$7.1BMSFT, NVDA, AAPL, AVGO, AMZN
Q1 2024 142$6.7BMSFT, NVDA, AAPL, AVGO, AMZN