APG Asset Management N.V.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), APG Asset Management N.V. reported 493 stock positions worth $40.7 billion. Its top holding was Nvidia (NVDA) at 4.7% of the portfolio, followed by Apple (AAPL, 4.6%) and Microsoft (MSFT, 4.4%). Compared with Q1 2026, it opened 17 new positions, sold out of 37, added to 402 and reduced 73. The biggest buy was Micron Technology (MU, shares +92%) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Amsterdam, P7
- CIK
- 0001434819
- Portfolio Value
- $40.7B (Q2 2026)
- SEC Filing
- 0001434819-26-000007 ↗ filed Aug 12, 2026
Holdings Value
Holdings 493 stocks · $40.7B
| NVDA Nvidia Corp. | 4.71% | 10,963,644 | $1.9B | Reduce -7.3% |
| AAPL Apple Inc. | 4.59% | 7,377,107 | $1.9B | Add +25.2% |
| MSFT Microsoft Corp. | 4.43% | 5,525,436 | $1.8B | Reduce -2.3% |
| AVGO Broadcom Inc. | 4.00% | 4,928,833 | $1.6B | Reduce -9.4% |
| AMZN Amazon.com Inc. | 3.75% | 7,314,985 | $1.5B | Reduce -3.1% |
| MU Micron Technology Inc. | 3.58% | 1,445,196 | $1.5B | Add +92.4% |
| LLY Eli Lilly & Co. | 3.12% | 1,210,321 | $1.3B | Add +4.2% |
| JPM JPMorgan Chase & Co. | 2.50% | 3,554,331 | $1.0B | Add +5.7% |
| AMD Advanced Micro Devices | 2.01% | 1,606,963 | $816.5M | Add +69.6% |
| INTC Intel Corp. | 1.42% | 4,718,628 | $576.3M | Add +63.1% |
| MA Mastercard Inc. Class A | 1.38% | 1,254,871 | $563.7M | Reduce -11.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.35% | 1,256,456 | $549.9M | Add +45.5% |
| COST Costco Wholesale Corp. | 1.30% | 645,893 | $528.5M | Reduce -15.0% |
| V Visa Inc. Class A | 1.18% | 1,604,485 | $481.5M | Add +31.2% |
| WMT Walmart Inc. | 1.11% | 4,577,575 | $453.5M | Add +62.0% |
| AMAT Applied Materials Inc. | 1.08% | 695,240 | $439.7M | Add +35.1% |
| LRCX Lam Research Corp. | 1.04% | 1,116,451 | $423.2M | Add +34.1% |
| CSCO Cisco Systems Inc. | 0.92% | 3,637,867 | $373.7M | Add +35.0% |
| ABBV Abbvie Inc. | 0.87% | 1,613,385 | $355.1M | Add +29.2% |
| GLW Corning Inc. | 0.84% | 1,537,554 | $343.5M | Add +108.7% |
| ANET Arista Networks Inc. | 0.79% | 2,174,709 | $323.1M | Reduce -14.1% |
| KLAC KLA Corp. | 0.76% | 1,169,445 | $308.6M | Add +30.7% |
| GE General Electric filed as GE AEROSPACE | 0.76% | 942,446 | $308.1M | Add +27.1% |
| BAC Bank of America Corp. | 0.73% | 5,954,499 | $296.8M | Add +37.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.71% | 2,186,625 | $289.8M | Reduce -27.4% |
| UNH Unitedhealth Group Inc. | 0.71% | 793,553 | $288.5M | Add +39.5% |
| HD Home Depot Inc. | 0.69% | 907,144 | $279.8M | Add +24.7% |
| PG The Procter & Gamble Co. | 0.67% | 2,125,614 | $272.6M | Add +26.6% |
| TMO Thermo Fisher Scientific Inc. | 0.65% | 607,825 | $266.5M | Reduce -34.8% |
| CDNS Cadence Design SYS Inc. | 0.64% | 788,610 | $258.9M | Reduce -44.5% |
| MRK Merck & Co. Inc. | 0.62% | 2,259,422 | $253.9M | Add +32.3% |
| KO The Coca-Cola Co. | 0.61% | 3,495,710 | $248.5M | Add +41.4% |
| NFLX Netflix Inc. | 0.56% | 3,643,985 | $227.6M | Add +31.5% |
| PGR Progressive Corp. | 0.55% | 1,172,974 | $224.1M | Reduce -30.3% |
| GS Goldman Sachs Group Inc. | 0.54% | 249,833 | $221.0M | Add +39.5% |
| SPOT Spotify Technology SA | 0.52% | 530,872 | $213.2M | Add +425.4% |
| RY Royal Bank of Canada | 0.52% | 1,174,215 | $212.6M | Add +35.1% |
| SNDK Sandisk Corp. | 0.52% | 105,465 | $209.7M | New |
| FITB Fifth Third Bancorp | 0.51% | 4,191,192 | $206.6M | Reduce -37.9% |
| LIN Linde PLC | 0.51% | 452,991 | $205.6M | Add +24.8% |
| PANW Palo Alto Networks Inc. | 0.50% | 680,760 | $203.1M | Add +19.9% |
| TXN Texas Instruments Inc. | 0.49% | 767,401 | $200.1M | Add +36.3% |
| SYK Stryker Corp. | 0.48% | 716,904 | $197.4M | Reduce -32.7% |
| MS Morgan Stanley | 0.46% | 1,033,824 | $189.0M | Add +43.6% |
| APH Amphenol Corp. Class A | 0.46% | 1,223,781 | $188.7M | Add +9.3% |
| ORCL Oracle Corp. | 0.46% | 1,464,351 | $187.7M | Add +39.8% |
| ISRG Intuitive Surgical Inc. | 0.46% | 533,954 | $185.7M | Reduce -24.7% |
| WFC Wells Fargo & Co. | 0.44% | 2,472,339 | $178.7M | Add +32.9% |
| C Citigroup Inc. | 0.44% | 1,450,663 | $177.6M | Add +50.9% |
| WST West Pharmaceutical Services | 0.43% | 560,582 | $176.0M | Reduce -55.8% |
| MCO Moody's Corp. | 0.42% | 428,004 | $169.6M | Reduce -37.4% |
| MRVL Marvell Technology Inc. | 0.41% | 647,571 | $168.7M | Add +16.1% |
| FERG Ferguson Enterprises Inc. | 0.40% | 793,732 | $164.8M | Reduce -51.0% |
| AMGN Amgen Inc. | 0.40% | 516,533 | $163.6M | Add +30.5% |
| STX Seagate Technology Holdings | 0.40% | 191,218 | $161.4M | Add +31.9% |
| PEP Pepsico Inc. | 0.36% | 1,226,499 | $145.3M | Add +24.9% |
| WDC Western Digital Corp. | 0.35% | 257,374 | $143.8M | Add +41.7% |
| HWM Howmet Aerospace Inc. | 0.35% | 603,641 | $142.0M | Add +171.8% |
| VZ Verizon Communications Inc. | 0.34% | 3,724,508 | $137.9M | Add +27.9% |
| RSG Republic Services Inc. | 0.33% | 729,388 | $135.9M | Add +207.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.33% | 201,932 | $134.8M | Add +33.8% |
| NEE Nextera Energy Inc. | 0.33% | 1,738,108 | $133.4M | Add +32.1% |
| QCOM Qualcomm Inc. | 0.33% | 819,133 | $132.4M | Add +43.3% |
| GILD Gilead Sciences Inc. | 0.33% | 1,197,619 | $132.3M | Add +20.4% |
| AXP American Express Co. | 0.32% | 436,219 | $129.1M | Add +34.1% |
| ADI Analog Devices Inc. | 0.31% | 368,948 | $128.2M | Add +39.0% |
| MCD McDonald's Corp. | 0.31% | 535,723 | $126.7M | Add +35.9% |
| IR Ingersoll-Rand Inc. | 0.31% | 1,750,876 | $125.6M | Reduce -42.1% |
| ETN Eaton Corp. PLC | 0.29% | 316,601 | $118.0M | Add +36.5% |
| DE Deere & Co. | 0.29% | 212,493 | $117.9M | Add +32.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.28% | 1,339,131 | $112.7M | Add +37.5% |
| UNP Union Pacific Corp. | 0.28% | 473,769 | $112.7M | Add +31.6% |
| SCHW Schwab (charles) Corp. | 0.27% | 1,380,032 | $111.4M | Add +34.0% |
| TYL Tyler Technologies Inc. | 0.26% | 421,185 | $107.7M | Reduce -55.2% |
| LPLA LPL Financial Holdings Inc. | 0.26% | 437,217 | $107.7M | Reduce -43.4% |
| WELL Welltower Inc. | 0.26% | 542,390 | $107.7M | Add +36.8% |
| BLK BlackRock Inc. | 0.26% | 124,614 | $104.8M | Add +31.5% |
| T AT&T Inc. | 0.25% | 5,721,745 | $103.6M | Add +29.9% |
| UBER Uber Technologies Inc. | 0.25% | 1,641,018 | $103.6M | Add +31.3% |
| DELL Dell Technologies -C | 0.25% | 273,002 | $103.0M | Add +25.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 234,624 | $101.9M | Add +22.6% |
| ABT Abbott Laboratories | 0.25% | 1,277,843 | $101.4M | Add +34.4% |
| CB Chubb Ltd. | 0.24% | 329,176 | $98.1M | Add +26.7% |
| APP AppLovin Corp. Class A | 0.24% | 217,309 | $97.9M | Add +36.5% |
| MSA Msa Safety Inc. | 0.24% | 638,713 | $97.5M | Reduce -57.4% |
| VRT Vertiv Holdings Co. Class A | 0.24% | 332,544 | $97.4M | Add +28.0% |
| SHOP Shopify Inc. Class A | 0.23% | 956,521 | $95.5M | Add +31.6% |
| CRM Salesforce Inc. | 0.23% | 696,908 | $95.5M | Add +13.1% |
| PLD Prologis Inc. | 0.23% | 798,224 | $94.6M | Add +24.7% |
| COF Capital One Financial Corp. | 0.22% | 508,684 | $89.3M | Add +27.9% |
| PFE Pfizer Inc. | 0.22% | 4,179,623 | $88.0M | Add +37.3% |
| PH Parker Hannifin Corp. | 0.22% | 102,879 | $88.0M | Add +29.2% |
| MCK McKesson Corp. | 0.21% | 132,469 | $87.5M | Add +13.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.21% | 425,155 | $85.4M | Reduce -63.9% |
| BMY Bristol-Myers Squibb Co. | 0.21% | 1,691,386 | $85.2M | Add +27.8% |
| DHR Danaher Corp. | 0.21% | 510,595 | $85.1M | Add +44.0% |
| CVS CVS Health Corp. | 0.20% | 921,886 | $83.4M | Add +39.6% |
| LOW Lowe's Cos Inc. | 0.20% | 427,657 | $82.5M | Add +31.5% |
| CL Colgate-Palmolive Co. | 0.20% | 1,012,003 | $81.2M | Reduce -1.6% |
| DDOG Datadog Inc. Class A | 0.20% | 354,730 | $80.8M | Add +159.6% |
Portfolio Sells Q1 2026 → Q2 2026
| MSFT Microsoft Corp. | Reduce -2.3% | 4.43% | −1.33 |
| NVDA Nvidia Corp. | Reduce -7.3% | 4.71% | −0.96 |
| COST Costco Wholesale Corp. | Reduce -15.0% | 1.30% | −0.78 |
| JKHY Jack Henry & Associates Inc. | Reduce -96.8% | 0.01% | −0.66 |
| FERG Ferguson Enterprises Inc. | Reduce -51.0% | 0.40% | −0.63 |
| AVGO Broadcom Inc. | Reduce -9.4% | 4.00% | −0.63 |
| TYL Tyler Technologies Inc. | Reduce -55.2% | 0.26% | −0.62 |
| TJX TJX Companies Inc. | Reduce -27.4% | 0.71% | −0.61 |
| TMO Thermo Fisher Scientific Inc. | Reduce -34.8% | 0.65% | −0.61 |
| AMZN Amazon.com Inc. | Reduce -3.1% | 3.75% | −0.58 |
| TSCO Tractor Supply Company | Reduce -91.8% | 0.03% | −0.57 |
| MA Mastercard Inc. Class A | Reduce -11.4% | 1.38% | −0.56 |
| CBRE CBRE Group Inc. Class A | Reduce -63.5% | 0.19% | −0.49 |
| AJG Arthur J Gallagher & Co. | Reduce -63.9% | 0.21% | −0.49 |
| SYK Stryker Corp. | Reduce -32.7% | 0.48% | −0.48 |
| CDNS Cadence Design SYS Inc. | Reduce -44.5% | 0.64% | −0.45 |
| ISRG Intuitive Surgical Inc. | Reduce -24.7% | 0.46% | −0.44 |
| WST West Pharmaceutical Services | Reduce -55.8% | 0.43% | −0.44 |
| MSA Msa Safety Inc. | Reduce -57.4% | 0.24% | −0.44 |
| ROL Rollins Inc. | Reduce -49.8% | 0.19% | −0.43 |
| MCO Moody's Corp. | Reduce -37.4% | 0.42% | −0.40 |
| LPLA LPL Financial Holdings Inc. | Reduce -43.4% | 0.26% | −0.37 |
| PGR Progressive Corp. | Reduce -30.3% | 0.55% | −0.37 |
| IR Ingersoll-Rand Inc. | Reduce -42.1% | 0.31% | −0.36 |
| FITB Fifth Third Bancorp | Reduce -37.9% | 0.51% | −0.35 |
| BR Broadridge Financial Solutio | Reduce -88.6% | 0.03% | −0.32 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -92.3% | 0.02% | −0.24 |
| AEP American Electric Power | Sold out | 0.00% | −0.11 |
| HCA HCA Healthcare Inc. | Reduce -0.9% | 0.12% | −0.07 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.06 |
| ANET Arista Networks Inc. | Reduce -14.1% | 0.79% | −0.06 |
| NTR Nutrien Ltd. | Reduce -84.7% | 0.01% | −0.05 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -1.6% | 0.20% | −0.04 |
| AMCR Amcor PLC | Sold out | 0.00% | −0.04 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -58.2% | 0.02% | −0.04 |
| CCJ Cameco Corp. | Reduce -82.8% | 0.00% | −0.03 |
| WMB Williams Cos Inc. | Reduce -13.6% | 0.07% | −0.03 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.03 |
| BAM Brookfield Asset Mgmt-A | Sold out | 0.00% | −0.03 |
| BAH Booz Allen Hamilton Holdings | Sold out | 0.00% | −0.02 |
| FISV Fiserv Inc. | Reduce -5.0% | 0.04% | −0.02 |
| GDDY GoDaddy Inc. Class A | Reduce -42.6% | 0.02% | −0.02 |
| CHD Church & Dwight Co. Inc. | Reduce -25.8% | 0.03% | −0.02 |
| VIK Viking Holdings Ltd. | Sold out | 0.00% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -14.2% | 0.03% | −0.02 |
| IT Gartner Inc. | Reduce -30.1% | 0.01% | −0.02 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.02 |
| OXY Occidental Petroleum Corp. | Reduce -11.5% | 0.02% | −0.02 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| MU Micron Technology Inc. | Add +92.4% | 3.58% | +2.89 |
| AMD Advanced Micro Devices | Add +69.6% | 2.01% | +1.48 |
| INTC Intel Corp. | Add +63.1% | 1.42% | +1.06 |
| AMAT Applied Materials Inc. | Add +35.1% | 1.08% | +0.60 |
| GLW Corning Inc. | Add +108.7% | 0.84% | +0.57 |
| LRCX Lam Research Corp. | Add +34.1% | 1.04% | +0.55 |
| SNDK Sandisk Corp. | New | 0.52% | +0.52 |
| AAPL Apple Inc. | Add +25.2% | 4.59% | +0.47 |
| KLAC KLA Corp. | Add +30.7% | 0.76% | +0.40 |
| SPOT Spotify Technology SA | Add +425.4% | 0.52% | +0.39 |
| CSCO Cisco Systems Inc. | Add +35.0% | 0.92% | +0.34 |
| UNH Unitedhealth Group Inc. | Add +39.5% | 0.71% | +0.29 |
| MRVL Marvell Technology Inc. | Add +16.1% | 0.41% | +0.26 |
| PANW Palo Alto Networks Inc. | Add +19.9% | 0.50% | +0.25 |
| STX Seagate Technology Holdings | Add +31.9% | 0.40% | +0.24 |
| WDC Western Digital Corp. | Add +41.7% | 0.35% | +0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +45.5% | 1.35% | +0.21 |
| HWM Howmet Aerospace Inc. | Add +171.8% | 0.35% | +0.21 |
| RSG Republic Services Inc. | Add +207.5% | 0.33% | +0.19 |
| TXN Texas Instruments Inc. | Add +36.3% | 0.49% | +0.19 |
| LLY Eli Lilly & Co. | Add +4.2% | 3.12% | +0.18 |
| GE General Electric | Add +27.1% | 0.76% | +0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +33.8% | 0.33% | +0.17 |
| V Visa Inc. Class A | Add +31.2% | 1.18% | +0.17 |
| DELL Dell Technologies -C | Add +25.3% | 0.25% | +0.15 |
| DDOG Datadog Inc. Class A | Add +159.6% | 0.20% | +0.15 |
| WMT Walmart Inc. | Add +62.0% | 1.11% | +0.15 |
| BAC Bank of America Corp. | Add +37.1% | 0.73% | +0.15 |
| MS Morgan Stanley | Add +43.6% | 0.46% | +0.14 |
| RY Royal Bank of Canada | Add +35.1% | 0.52% | +0.14 |
| C Citigroup Inc. | Add +50.9% | 0.44% | +0.14 |
| BE Bloom Energy Corp. Class A | New | 0.13% | +0.13 |
| GS Goldman Sachs Group Inc. | Add +39.5% | 0.54% | +0.13 |
| ABBV Abbvie Inc. | Add +29.2% | 0.87% | +0.13 |
| QCOM Qualcomm Inc. | Add +43.3% | 0.33% | +0.12 |
| COHR Coherent Corp. | New | 0.11% | +0.11 |
| CIEN Ciena Corp. | Add +1244.6% | 0.11% | +0.10 |
| LITE Lumentum Holdings Inc. | New | 0.10% | +0.10 |
| HPE Hewlett Packard Enterprise | Add +193.1% | 0.13% | +0.10 |
| KO The Coca-Cola Co. | Add +41.4% | 0.61% | +0.09 |
| NBIS Nebius Group NV | Add +550.5% | 0.09% | +0.08 |
| ADI Analog Devices Inc. | Add +39.0% | 0.31% | +0.08 |
| FTNT Fortinet Inc. | Add +32.3% | 0.17% | +0.08 |
| RKLB Rocket Lab Corp. | New | 0.08% | +0.08 |
| APH Amphenol Corp. Class A | Add +9.3% | 0.46% | +0.07 |
| CVS CVS Health Corp. | Add +39.6% | 0.20% | +0.07 |
| NUE Nucor Corp. | Add +287.0% | 0.10% | +0.07 |
| APP AppLovin Corp. Class A | Add +36.5% | 0.24% | +0.07 |
| ETN Eaton Corp. PLC | Add +36.5% | 0.29% | +0.06 |
| SNOW Snowflake Inc. | Add +34.6% | 0.14% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 493 | $40.7B | NVDA, AAPL, MSFT, AVGO, AMZN |
| Q1 2026 | 513 | $31.6B | MSFT, NVDA, AVGO, AMZN, AAPL |
| Q4 2025 | 540 | $35.2B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q3 2025 | 528 | $35.6B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q2 2025 | 539 | $33.8B | MSFT, NVDA, AAPL, AMZN, AVGO |
| Q1 2025 | 548 | $32.2B | AAPL, MSFT, NVDA, AMZN, AVGO |
| Q4 2024 | 548 | $35.9B | AAPL, NVDA, MSFT, AMZN, AVGO |
| Q3 2024 | 407 | $15.1B | FERG, ROL, ZBRA, TRU, WST |
| Q2 2024 | 650 | $56.1B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 716 | $57.1B | MSFT, AAPL, AMZN, NVDA, META |