APG Asset Management N.V.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), APG Asset Management N.V. reported 716 stock positions worth $57.1 billion. Its top holding was Microsoft (MSFT) at 4.9% of the portfolio, followed by Apple (AAPL, 4.1%) and Amazon.com (AMZN, 3.1%). Compared with Q4 2023, it opened 36 new positions, sold out of 37, added to 353 and reduced 270. The biggest buy was Meta Platforms Class A (META, shares +3%) and the biggest sale Apple (AAPL, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- Amsterdam, P7
- CIK
- 0001434819
- Portfolio Value
- $57.1B (Q1 2024)
- SEC Filing
- 0001434819-24-000006 ↗ filed May 14, 2024
Holdings Value
Holdings 716 stocks · $57.1B
| MSFT Microsoft Corp. | 4.91% | 7,189,354 | $2.8B | Add +0.4% |
| AAPL Apple Inc. | 4.06% | 14,603,429 | $2.3B | Reduce -5.7% |
| AMZN Amazon.com Inc. | 3.11% | 10,639,552 | $1.8B | Add +3.0% |
| NVDA Nvidia Corp. | 3.09% | 2,106,605 | $1.8B | Reduce -3.3% |
| META Meta Platforms Inc. Class A | 1.99% | 2,526,170 | $1.1B | Add +3.3% |
| FERG Ferguson Jersey Ltd. | 1.92% | 5,430,520 | $1.1B | Add +0.8% |
| GOOGL Alphabet Inc. Class A | 1.60% | 6,536,721 | $913.5M | Add +2.3% |
| WST West Pharmaceutical Services | 1.50% | 2,337,698 | $856.5M | Add +1.6% |
| ROL Rollins Inc. | 1.50% | 19,958,973 | $855.1M | Add +1.0% |
| MSA Msa Safety Inc. | 1.48% | 4,718,657 | $845.8M | Add +4.7% |
| STE Steris PLC | 1.36% | 3,732,767 | $777.0M | Add +3.1% |
| BR Broadridge Financial Solutio | 1.33% | 4,013,158 | $761.2M | Add +3.3% |
| GOOG Alphabet Inc. Class C | 1.31% | 5,311,738 | $748.9M | Add +1.1% |
| JPM JPMorgan Chase & Co. | 1.31% | 4,031,875 | $747.8M | Add +6.0% |
| ALLE Allegion PLC | 1.30% | 5,929,291 | $739.6M | Add +2.4% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 1.13% | 4,023,110 | $647.2M | Add +2.7% |
| ZBRA Zebra Technologies Corp. Class A | 1.08% | 2,198,859 | $613.7M | Add +1.4% |
| V Visa Inc. Class A | 1.06% | 2,340,511 | $604.8M | Add +8.3% |
| LW Lamb Weston Holdings Inc. | 1.03% | 5,950,629 | $587.0M | Add +2.9% |
| TYL Tyler Technologies Inc. | 1.02% | 1,486,220 | $584.9M | Add +2.6% |
| PG The Procter & Gamble Co. | 1.01% | 3,845,445 | $577.7M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.97% | 1,247,185 | $556.1M | Add +1.3% |
| TRU Transunion | 0.89% | 6,913,461 | $510.8M | Add +2.8% |
| AVGO Broadcom Inc. | 0.89% | 412,574 | $506.3M | Reduce -4.6% |
| TSLA Tesla Inc. | 0.87% | 3,061,263 | $498.3M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.86% | 14,063,348 | $493.8M | Reduce -1.4% |
| LLY Eli Lilly & Co. | 0.83% | 659,087 | $474.8M | Reduce -6.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.79% | 1,164,733 | $453.5M | Add +3.9% |
| WFC Wells Fargo & Co. | 0.79% | 8,365,191 | $448.9M | Add +1.1% |
| COST Costco Wholesale Corp. | 0.78% | 658,716 | $446.8M | Add +2.7% |
| UNH Unitedhealth Group Inc. | 0.78% | 966,067 | $442.5M | Reduce -3.5% |
| BCPC Balchem Corp. | 0.76% | 3,037,350 | $435.8M | Add +4.7% |
| WDFC WD-40 Co. | 0.74% | 1,802,435 | $422.8M | Add +2.9% |
| MTN Vail Resorts Inc. | 0.72% | 2,002,596 | $413.2M | Add +2.9% |
| JNJ Johnson & Johnson | 0.72% | 2,814,494 | $412.2M | Reduce -3.4% |
| MRK Merck & Co. Inc. | 0.70% | 3,282,240 | $401.0M | Reduce -3.2% |
| MCD McDonald's Corp. | 0.68% | 1,486,956 | $388.2M | Add +2.9% |
| PGR Progressive Corp. | 0.66% | 1,959,145 | $375.2M | Reduce -2.4% |
| PEP Pepsico Inc. | 0.61% | 2,153,653 | $349.0M | Add +4.8% |
| NFLX Netflix Inc. | 0.54% | 551,321 | $310.0M | Reduce -3.9% |
| KO The Coca-Cola Co. | 0.53% | 5,369,520 | $304.2M | Add +0.1% |
| HD Home Depot Inc. | 0.52% | 841,545 | $298.9M | Add +1.6% |
| ABBV Abbvie Inc. | 0.51% | 1,735,111 | $292.6M | Reduce -5.1% |
| VZ Verizon Communications Inc. | 0.50% | 7,398,013 | $287.4M | Add +22.1% |
| CSCO Cisco Systems Inc. | 0.47% | 5,856,630 | $270.7M | Reduce -2.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.47% | 2,868,587 | $269.4M | Add +8.2% |
| LIN Linde PLC | 0.47% | 617,408 | $265.4M | Add +0.6% |
| LOW Lowe's Cos Inc. | 0.45% | 1,097,408 | $258.8M | Add +1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.45% | 1,458,136 | $257.8M | Add +1.2% |
| CME Cme Group Inc. | 0.45% | 1,293,348 | $257.8M | Add +0.5% |
| BLK BlackRock Finance Inc. | 0.45% | 332,708 | $256.8M | Add +0.6% |
| AMT American Tower Corp. | 0.43% | 1,355,061 | $247.9M | Add +1.7% |
| BRO Brown & Brown Inc. | 0.43% | 3,020,647 | $244.8M | Add +0.2% |
| TMUS T-Mobile US Inc. | 0.43% | 1,612,910 | $243.8M | Reduce -12.8% |
| ORLY O'reilly Automotive Inc. | 0.41% | 221,285 | $231.3M | Add +5.2% |
| WM Waste Management Inc. | 0.40% | 1,169,987 | $230.9M | Add +3.5% |
| ICE Intercontinental Exchange Inc. | 0.39% | 1,765,350 | $224.6M | Add +0.3% |
| PLD Prologis Inc. | 0.39% | 1,860,097 | $224.3M | Add +3.8% |
| NKE Nike Inc. Class B | 0.39% | 2,567,821 | $223.4M | Reduce -1.8% |
| CRM Salesforce Inc. | 0.38% | 784,714 | $218.8M | Reduce -3.7% |
| RJF Raymond James Financial Inc. | 0.38% | 1,835,445 | $218.2M | Add +10.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.37% | 2,606,069 | $213.4M | Add +4.3% |
| TD Toronto-Dominion Bank | 0.37% | 3,754,014 | $210.0M | Add +1.1% |
| AMD Advanced Micro Devices | 0.36% | 1,237,100 | $206.7M | Reduce -0.3% |
| BX Blackstone Inc. | 0.36% | 1,697,765 | $206.5M | Reduce -0.8% |
| ACN Accenture PLC Class A | 0.34% | 612,904 | $196.7M | Reduce -6.5% |
| ORCL Oracle Corp. | 0.33% | 1,642,068 | $191.0M | Reduce -6.9% |
| AFL Aflac Inc. | 0.33% | 2,397,564 | $190.6M | Add +4.0% |
| SPSC SPS Commerce Inc. | 0.33% | 1,096,043 | $187.6M | Add +2.9% |
| GE General Electric | 0.33% | 1,143,958 | $185.9M | Add +10.1% |
| PDD PDD Holdings Inc. | 0.33% | 1,726,004 | $185.8M | Add +16.8% |
| CMCSA Comcast Corp. Class A | 0.33% | 4,625,141 | $185.6M | Add +11.5% |
| EQIX Equinix Inc. | 0.31% | 231,769 | $177.1M | Add +1.3% |
| CSX CSX Corp. | 0.30% | 5,001,115 | $171.7M | Add +5.0% |
| EXR Extra Space Storage Inc. | 0.29% | 1,227,529 | $167.1M | Add +4.0% |
| TXN Texas Instruments Inc. | 0.29% | 1,033,266 | $166.7M | Add +0.6% |
| ROP Roper Technologies Inc. | 0.29% | 320,059 | $166.2M | Add +0.1% |
| PFE Pfizer Inc. | 0.29% | 6,361,710 | $163.5M | Add +2.2% |
| GILD Gilead Sciences Inc. | 0.28% | 2,387,027 | $161.9M | Add +0.7% |
| TDG Transdigm Group Inc. | 0.28% | 141,751 | $161.6M | Add +4.6% |
| UBER Uber Technologies Inc. | 0.28% | 2,257,566 | $160.9M | Reduce -5.1% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 3,182,709 | $159.8M | Reduce -5.0% |
| MSI Motorola Solutions Inc. | 0.28% | 486,070 | $159.8M | Reduce -2.0% |
| ADBE Adobe Inc. | 0.28% | 341,578 | $159.6M | Reduce -6.3% |
| SCHW Schwab (charles) Corp. | 0.27% | 2,309,326 | $154.7M | Reduce -0.6% |
| ABT Abbott Laboratories | 0.27% | 1,439,288 | $151.5M | Reduce -8.7% |
| AMGN Amgen Inc. | 0.26% | 563,317 | $148.3M | Reduce -4.6% |
| CAT Caterpillar Inc. | 0.26% | 433,828 | $147.2M | Add +6.3% |
| QCOM Qualcomm Inc. | 0.26% | 930,318 | $145.8M | Reduce -9.8% |
| MCO Moody's Corp. | 0.26% | 400,018 | $145.6M | Reduce -0.5% |
| DUK Duke Energy Corp. | 0.25% | 1,615,621 | $144.7M | Add +2.1% |
| GL Globe Life Inc. | 0.25% | 1,338,804 | $144.3M | Add +3.2% |
| MAR Marriott International Class A | 0.25% | 609,790 | $142.5M | Reduce -7.2% |
| FITB Fifth Third Bancorp | 0.25% | 4,082,620 | $140.7M | Reduce -1.1% |
| AIG American International Group | 0.25% | 1,941,552 | $140.5M | Add +893.6% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 257,731 | $138.7M | Reduce -12.1% |
| RSG Republic Services Inc. | 0.24% | 779,379 | $138.2M | Add +1.0% |
| DE Deere & Co. | 0.24% | 363,218 | $138.1M | Add +1.9% |
| NEE Nextera Energy Inc. | 0.24% | 2,290,272 | $135.5M | Add +4.1% |
| DHI D.R. Horton Inc. | 0.24% | 883,465 | $134.6M | Add +4.8% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -5.7% | 4.06% | −1.20 |
| TSLA Tesla Inc. | Reduce -0.1% | 0.87% | −0.47 |
| UNH Unitedhealth Group Inc. | Reduce -3.5% | 0.78% | −0.15 |
| NKE Nike Inc. Class B | Reduce -1.8% | 0.39% | −0.11 |
| ADBE Adobe Inc. | Reduce -6.3% | 0.28% | −0.10 |
| TMUS T-Mobile US Inc. | Reduce -12.8% | 0.43% | −0.10 |
| INTC Intel Corp. | Reduce -15.5% | 0.20% | −0.09 |
| MTB M & T Bank Corp. | Reduce -98.2% | 0.00% | −0.08 |
| JNJ Johnson & Johnson | Reduce -3.4% | 0.72% | −0.08 |
| T AT&T Inc. | Reduce -34.3% | 0.12% | −0.07 |
| ACN Accenture PLC Class A | Reduce -6.5% | 0.34% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -2.3% | 0.47% | −0.06 |
| NEM Newmont Corp. | Reduce -4.5% | 0.18% | −0.06 |
| HUM Humana Inc. | Reduce -6.4% | 0.10% | −0.06 |
| B Barrick Gold Corp. | Reduce -35.4% | 0.05% | −0.05 |
| MKTX Marketaxess Holdings Inc. | Reduce -4.5% | 0.09% | −0.05 |
| UPS United Parcel Service Class B | Reduce -19.6% | 0.10% | −0.04 |
| ZTS Zoetis Inc. | Reduce -19.3% | 0.07% | −0.04 |
| SBUX Starbucks Corp. | Reduce -3.1% | 0.23% | −0.04 |
| ABT Abbott Laboratories | Reduce -8.7% | 0.27% | −0.04 |
| AMGN Amgen Inc. | Reduce -4.6% | 0.26% | −0.04 |
| APD Air Products & Chemicals Inc. | Reduce -1.4% | 0.16% | −0.04 |
| HTHT H World Group Ltd.-ADR | Reduce -60.1% | 0.03% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -10.2% | 0.21% | −0.04 |
| INTU Intuit Inc. | Reduce -10.5% | 0.22% | −0.04 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.04 |
| BX Blackstone Inc. | Reduce -0.8% | 0.36% | −0.03 |
| D Dominion Energy Inc. | Reduce -27.6% | 0.07% | −0.03 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -16.2% | 0.07% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -12.1% | 0.24% | −0.03 |
| MSCI MSCI Inc. | Reduce -4.6% | 0.21% | −0.03 |
| ROK Rockwell Automation Inc. | Reduce -1.5% | 0.17% | −0.03 |
| SHOP Shopify Inc. Class A | Reduce -13.7% | 0.11% | −0.03 |
| EA Electronic Arts Inc. | Reduce -12.9% | 0.10% | −0.03 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -29.3% | 0.04% | −0.03 |
| ADI Analog Devices Inc. | Reduce -12.9% | 0.11% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -8.6% | 0.11% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -27.9% | 0.06% | −0.03 |
| ED Consolidated Edison Inc. | Reduce -2.6% | 0.21% | −0.03 |
| LULU Lululemon Athletica Inc. | Reduce -16.4% | 0.03% | −0.02 |
| DHR Danaher Corp. | Reduce -10.6% | 0.19% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.0% | 0.28% | −0.02 |
| CVS CVS Health Corp. | Reduce -7.0% | 0.14% | −0.02 |
| KEYS Keysight Technologies Inc. | Reduce -9.5% | 0.10% | −0.02 |
| BF.B Brown-Forman Corp. Class B | Reduce -4.3% | 0.09% | −0.02 |
| YUMC Yum China Holdings Inc. | Reduce -26.6% | 0.04% | −0.02 |
| MCO Moody's Corp. | Reduce -0.5% | 0.26% | −0.02 |
| WPM Wheaton Precious Metals Corp. | Reduce -3.0% | 0.13% | −0.02 |
| WDAY Workday Inc. Class A | Reduce -16.4% | 0.07% | −0.02 |
| AWK American Water Works Co. Inc. | Reduce -7.1% | 0.08% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| META Meta Platforms Inc. Class A | Add +3.3% | 1.99% | +0.46 |
| AMZN Amazon.com Inc. | Add +3.0% | 3.11% | +0.34 |
| AIG American International Group | Add +893.6% | 0.25% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +6.0% | 1.31% | +0.17 |
| MSFT Microsoft Corp. | Add +0.4% | 4.91% | +0.15 |
| MSA Msa Safety Inc. | Add +4.7% | 1.48% | +0.14 |
| MELI MercadoLibre Inc. | Add +228.3% | 0.19% | +0.13 |
| VZ Verizon Communications Inc. | Add +22.1% | 0.50% | +0.10 |
| GE General Electric | Add +10.1% | 0.33% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.9% | 0.79% | +0.09 |
| FERG Ferguson Jersey Ltd. | Add +0.8% | 1.92% | +0.09 |
| TRU Transunion | Add +2.8% | 0.89% | +0.08 |
| WST West Pharmaceutical Services | Add +1.6% | 1.50% | +0.07 |
| WFC Wells Fargo & Co. | Add +1.1% | 0.79% | +0.07 |
| V Visa Inc. Class A | Add +8.3% | 1.06% | +0.07 |
| WRB WR Berkley Corp. | Add +4.3% | 0.37% | +0.06 |
| CEG Constellation Energy | Add +2.3% | 0.17% | +0.05 |
| RJF Raymond James Financial Inc. | Add +10.1% | 0.38% | +0.05 |
| ORLY O'reilly Automotive Inc. | Add +5.2% | 0.41% | +0.05 |
| BRO Brown & Brown Inc. | Add +0.2% | 0.43% | +0.05 |
| PH Parker Hannifin Corp. | Add +14.0% | 0.23% | +0.05 |
| MA Mastercard Inc. Class A | Add +1.3% | 0.97% | +0.05 |
| WM Waste Management Inc. | Add +3.5% | 0.40% | +0.05 |
| COR Cencora Inc. | Add +16.1% | 0.23% | +0.05 |
| CAT Caterpillar Inc. | Add +6.3% | 0.26% | +0.04 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.04% | +0.04 |
| TDG Transdigm Group Inc. | Add +4.6% | 0.28% | +0.04 |
| SNY Sanofi-ADR | New | 0.04% | +0.04 |
| GM General Motors Co. | Add +6.5% | 0.19% | +0.04 |
| IBM Intl Business Machines Corp. | Add +1.2% | 0.45% | +0.04 |
| COST Costco Wholesale Corp. | Add +2.7% | 0.78% | +0.04 |
| CPRT Copart Inc. | Add +111.4% | 0.06% | +0.03 |
| TJX TJX Companies Inc. | Add +8.2% | 0.47% | +0.03 |
| LOW Lowe's Cos Inc. | Add +1.9% | 0.45% | +0.03 |
| HLT Hilton Worldwide Holdings Inc. | Add +6.7% | 0.23% | +0.03 |
| ZBRA Zebra Technologies Corp. Class A | Add +1.4% | 1.08% | +0.03 |
| C Citigroup Inc. | Add +66.4% | 0.06% | +0.03 |
| GSK GSK PLC-Spon ADR | Add +138.9% | 0.04% | +0.03 |
| WCN Waste Connections Inc. | Add +6.2% | 0.22% | +0.02 |
| PCAR Paccar Inc. | Add +9.4% | 0.11% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +2.3% | 1.60% | +0.02 |
| KR Kroger Co. | Add +6.9% | 0.13% | +0.02 |
| CAH Cardinal Health Inc. | Add +33.9% | 0.09% | +0.02 |
| BCS Barclays PLC-Spons ADR | Add +593.7% | 0.03% | +0.02 |
| BAH Booz Allen Hamilton Holdings | Add +5.5% | 0.20% | +0.02 |
| BLDR Builders Firstsource Inc. | Add +9.6% | 0.11% | +0.02 |
| ANET Arista Networks Inc. | Add +9.3% | 0.11% | +0.02 |
| MCK McKesson Corp. | Add +4.0% | 0.22% | +0.02 |
| F Ford Motor Co. | Add +134.2% | 0.03% | +0.02 |
| LIN Linde PLC | Add +0.6% | 0.47% | +0.02 |
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 |