APG Asset Management US Inc.

Name: APG Asset Management US Inc. 13F holdings, Q3 2024
Creator: APG Asset Management US Inc.
Published: 2024-11-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), APG Asset Management US Inc. reported 156 stock positions worth $14.8 billion. Its top holding was Prologis (PLD) at 16.7% of the portfolio, followed by Digital Realty Trust (DLR, 10.0%) and Equinix (EQIX, 8.4%). Compared with Q2 2024, it opened 21 new positions, sold out of 33, added to 15 and reduced 117. The biggest buy was Prologis (PLD, shares +0%) and the biggest sale Nvidia (NVDA, shares −95%).

Most Recent 13F: Q2 2026
Location: New York, NY
CIK: 0001323255
Portfolio Value: $14.8B (Q3 2024)
SEC Filing: 0001323255-24-000020 ↗ filed Nov 14, 2024

Holdings Value

Holdings 156 stocks · $14.8B


PLD Prologis Inc.	16.70%	19,804,666	$2.5B	Add +0.5%
DLR Digital Realty Trust Inc.	10.00%	9,217,572	$1.5B	Add +0.3%
EQIX Equinix Inc.	8.38%	1,402,055	$1.2B	Reduce -0.5%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	5.80%	11,606,916	$857.5M	Add +0.3%
VTR Ventas Inc.	5.56%	12,854,745	$821.3M	Reduce -15.0%
ARE Alexandria Real Estate Equit	5.55%	6,999,794	$819.7M	Reduce -2.1%
PSA Public Storage	5.36%	2,199,652	$792.0M	Reduce -0.1%
BXP BXP Inc.	3.96%	7,351,357	$585.8M	Reduce -0.2%
INVH Invitation Homes Inc.	3.95%	16,811,758	$583.2M	Add +2.2%
O Realty Income Corp.	3.47%	8,149,528	$513.4M	Reduce -6.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	3.26%	6,026,000	$481.3M	Add +44.0%
EXR Extra Space Storage Inc.	3.11%	2,578,613	$459.7M	Add +0.9%
COLD Americold Realty Trust Inc.	3.08%	16,394,705	$455.4M	Reduce -2.3%
MAA Mid-America Apartment Comm	2.99%	2,798,000	$441.6M	Reduce -2.5%
KIM Kimco Realty Corp.	2.31%	14,808,876	$341.8M	Reduce -1.0%
CUZ Cousins Properties Inc.	1.55%	7,833,649	$229.5M	Reduce -1.6%
HR Healthcare Realty Trust Inc.	1.52%	12,518,916	$224.1M	Reduce -0.4%
REG Regency Centers Corp.	1.50%	3,064,603	$221.2M	No change
KRC Kilroy Realty Corp.	1.33%	5,124,912	$196.1M	Reduce -4.8%
WELL Welltower Inc.	1.14%	1,314,566	$167.7M	Add +6.2%
SPG Simon Property Group Inc.	0.99%	862,004	$146.2M	Reduce -0.6%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.80%	3,611,339	$118.3M	Reduce -2.7%
UDR Udr Inc.	0.44%	1,441,012	$64.7M	Add +162.0%
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.41%	447,638	$59.9M	Reduce -1.4%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.38%	480,000	$56.8M	Add +20.0%
AVB Avalonbay Communities Inc.	0.35%	232,343	$51.6M	Reduce -52.6%
WPC WP Carey Inc.	0.32%	776,897	$47.6M	Reduce -1.8%
REXR Rexford Industrial Realty Inc.	0.31%	933,141	$46.1M	New
DOC Healthpeak Properties Inc.	0.30%	1,952,280	$44.3M	Add +6.1%
SBRA Sabra Health Care REIT Inc.	0.28%	2,255,619	$41.9M	Reduce -12.0%
NNN NNN REIT Inc.	0.24%	716,995	$34.8M	New
ESS Essex Property Trust Inc.	0.22%	108,610	$31.8M	Reduce -8.0%
BRX Brixmor Property Group Inc.	0.21%	1,122,691	$31.3M	Reduce -13.6%
EPRT Essential Properties Realty	0.21%	928,367	$31.1M	Add +19.8%
NVDA Nvidia Corp.	0.20%	256,051	$30.0M	Reduce -95.3%
RHP Ryman Hospitality Properties	0.20%	277,693	$29.7M	Reduce -2.8%
VNO Vornado Realty Trust	0.17%	649,081	$25.5M	Add +270.9%
AVGO Broadcom Inc.	0.16%	142,709	$23.9M	Reduce -91.0%
MSFT Microsoft Corp.	0.16%	55,359	$23.3M	Reduce -89.8%
AKR Acadia Realty Trust	0.13%	852,449	$19.8M	Reduce -14.8%
HST Host Hotels & Resorts Inc.	0.13%	1,121,336	$19.7M	Reduce -37.0%
NTST Netstreit Corp.	0.13%	1,164,563	$19.1M	Reduce -23.4%
KRG Kite Realty Group Trust	0.13%	717,492	$18.8M	Reduce -4.3%
CURB Curbline Properties Corp.	0.12%	768,868	$17.4M	New
NSA National Storage Affiliates	0.11%	350,000	$16.6M	New
GRP.U Granite Real Estate Investme	0.10%	250,000	$15.1M	New
UNH Unitedhealth Group Inc.	0.10%	25,909	$15.1M	Reduce -92.6%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.10%	133,000	$15.0M	New
UE Urban Edge Properties	0.09%	620,612	$13.2M	Reduce -6.1%
CRM Salesforce Inc.	0.09%	47,925	$13.0M	Reduce -89.9%
ORCL Oracle Corp.	0.08%	74,225	$12.4M	Reduce -90.4%
LLY Eli Lilly & Co.	0.08%	13,363	$11.8M	Reduce -93.5%
CUBE Cubesmart	0.08%	213,755	$11.3M	Reduce -60.4%
IRT Independence Realty Trust Inc.	0.07%	500,000	$10.1M	No change
LINE Lineage Inc.	0.06%	119,081	$9.1M	New
MRK Merck & Co. Inc.	0.06%	78,259	$9.0M	Reduce -92.5%
ABBV Abbvie Inc.	0.05%	41,129	$8.1M	Reduce -92.6%
AMD Advanced Micro Devices	0.05%	49,526	$7.9M	Reduce -92.5%
AHR American Healthcare REIT Inc.	0.05%	292,952	$7.4M	New
SITC Site Centers Corp. filed as SITE CTRS CORP	0.04%	384,434	$6.6M	Add +69.9%
ELS Equity Lifestyle Properties	0.04%	91,691	$6.4M	Reduce -29.9%
ROIC Retail Opportunity Investmen	0.04%	360,613	$5.7M	New
QCOM Qualcomm Inc.	0.04%	34,076	$5.6M	Reduce -91.3%
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC	0.04%	67,303	$5.6M	New
NOW ServiceNow Inc.	0.04%	6,386	$5.5M	Reduce -90.1%
TXN Texas Instruments Inc.	0.04%	26,812	$5.4M	New
ADBE Adobe Inc.	0.04%	10,283	$5.2M	Reduce -90.6%
INTU Intuit Inc.	0.03%	8,515	$5.2M	Reduce -90.3%
ANET Arista Networks Inc.	0.03%	13,385	$5.1M	Reduce -92.5%
AMAT Applied Materials Inc.	0.03%	25,466	$5.0M	Reduce -90.2%
DHR Danaher Corp.	0.03%	15,625	$4.3M	Reduce -92.6%
CSCO Cisco Systems Inc.	0.03%	80,988	$4.3M	Reduce -86.6%
AMGN Amgen Inc.	0.03%	12,448	$4.0M	Reduce -92.2%
ZTS Zoetis Inc.	0.02%	18,670	$3.6M	Reduce -94.2%
MSI Motorola Solutions Inc.	0.02%	8,063	$3.6M	Reduce -93.1%
IT Gartner Inc.	0.02%	7,115	$3.6M	Reduce -90.5%
MU Micron Technology Inc.	0.02%	33,548	$3.4M	Reduce -90.4%
DT Dynatrace Inc.	0.02%	64,018	$3.3M	Reduce -76.5%
PANW Palo Alto Networks Inc.	0.02%	9,802	$3.2M	Reduce -90.4%
HCA HCA Healthcare Inc.	0.02%	7,791	$3.2M	Reduce -92.9%
KLAC KLA Corp.	0.02%	4,134	$3.1M	Reduce -90.3%
WDAY Workday Inc. Class A	0.02%	12,701	$3.1M	Reduce -91.4%
BSX Boston Scientific Corp.	0.02%	34,143	$2.9M	Reduce -92.0%
SHOP Shopify Inc. Class A	0.02%	36,553	$2.9M	Reduce -90.3%
VRTX Vertex Pharmaceuticals Inc.	0.02%	6,000	$2.8M	Reduce -92.1%
INTC Intel Corp.	0.02%	118,810	$2.7M	New
REGN Regeneron Pharmaceuticals	0.02%	2,507	$2.6M	Reduce -92.0%
MCK McKesson Corp.	0.02%	4,952	$2.5M	Reduce -92.2%
GILD Gilead Sciences Inc.	0.02%	28,965	$2.4M	Reduce -92.2%
DELL Dell Technologies -C	0.02%	21,233	$2.4M	Reduce -91.8%
ZBRA Zebra Technologies Corp. Class A	0.02%	6,440	$2.3M	Reduce -92.8%
APH Amphenol Corp. Class A	0.02%	36,408	$2.3M	Reduce -90.2%
SNPS Synopsys Inc.	0.02%	4,616	$2.3M	Reduce -90.3%
CDNS Cadence Design SYS Inc.	0.01%	8,249	$2.2M	Reduce -90.3%
CRWD CrowdStrike Holdings Inc. Class A	0.01%	6,941	$1.9M	Reduce -90.3%
MRVL Marvell Technology Inc.	0.01%	26,667	$1.9M	Reduce -90.1%
CI The Cigna Group	0.01%	5,301	$1.8M	Reduce -93.0%
NXPI NXP Semiconductors NV	0.01%	7,850	$1.8M	Reduce -93.2%
IQV Iqvia Holdings Inc.	0.01%	7,748	$1.8M	Reduce -92.3%
WST West Pharmaceutical Services	0.01%	5,825	$1.7M	Reduce -91.7%
CDW CDW Corp.	0.01%	7,972	$1.7M	Add +468.6%
TEAM Atlassian Corp. Class A	0.01%	10,324	$1.7M	Reduce -61.6%
AKAM Akamai Technologies Inc.	0.01%	16,377	$1.6M	Reduce -90.1%
BDX Becton Dickinson and Co.	0.01%	6,711	$1.6M	Reduce -92.0%
HUM Humana Inc.	0.01%	5,789	$1.6M	Reduce -91.5%
ELV Elevance Health Inc.	0.01%	3,040	$1.6M	Reduce -92.7%
BMY Bristol-Myers Squibb Co.	0.01%	29,351	$1.6M	Reduce -78.2%
PTC PTC Inc.	0.01%	8,691	$1.5M	Reduce -90.1%
FICO Fair Isaac Corp.	0.01%	752	$1.4M	Reduce -90.3%
DXCM Dexcom Inc.	0.01%	21,367	$1.4M	Reduce -89.8%
NTAP Netapp Inc.	0.01%	11,613	$1.4M	Reduce -96.8%
TEL Te Connectivity PLC	0.01%	9,414	$1.4M	New
MPWR Monolithic Power Systems Inc.	0.01%	1,473	$1.3M	Reduce -90.1%
MCHP Microchip Technology Inc.	0.01%	16,543	$1.3M	Reduce -90.2%
WIX Wix.com Ltd.	0.01%	8,041	$1.3M	Reduce -89.8%
ALC Alcon Inc. filed as ALCON AG	0.01%	11,607	$1.2M	Reduce -92.1%
CVS CVS Health Corp.	0.01%	17,833	$1.1M	New
SNOW Snowflake Inc.	0.01%	9,102	$1.0M	Reduce -89.7%
A Agilent Technologies Inc.	0.01%	6,807	$998K	Reduce -91.9%
PFE Pfizer Inc.	0.01%	33,549	$962K	Reduce -91.7%
DDOG Datadog Inc. Class A	0.01%	8,332	$950K	Reduce -90.3%
ON On Semiconductor	0.01%	13,008	$924K	Reduce -94.5%
GEHC GE Healthcare Technology	0.01%	10,048	$921K	Reduce -91.7%
CNC Centene Corp.	0.01%	12,424	$919K	Reduce -92.1%
EW Edwards Lifesciences Corp.	0.01%	13,967	$909K	Reduce -92.1%
IDXX Idexx Laboratories Inc.	0.01%	1,822	$903K	Reduce -96.5%
HPE Hewlett Packard Enterprise	0.01%	38,965	$777K	New
FSLR First Solar Inc.	0.01%	3,189	$767K	Add +3.6%
VEEV Veeva Systems Inc. Class A	0.01%	3,560	$739K	Reduce -92.0%
TER Teradyne Inc.	0.00%	4,728	$610K	New
MDB Mongodb Inc.	0.00%	2,201	$567K	Reduce -90.3%
STE Steris PLC	0.00%	2,295	$541K	Reduce -92.0%
MTD Mettler-Toledo International	0.00%	364	$538K	Reduce -92.3%
ZBH Zimmer Biomet Holdings Inc.	0.00%	4,858	$521K	Reduce -97.3%
CHKP Check Point Software Tech	0.00%	2,733	$517K	Reduce -90.5%
COO The Cooper Cos Inc.	0.00%	4,617	$500K	Reduce -91.9%
MRNA Moderna Inc.	0.00%	7,705	$493K	Reduce -72.3%
SWKS Skyworks Solutions Inc.	0.00%	4,885	$466K	New
ENPH Enphase Energy Inc.	0.00%	4,154	$462K	New
TEVA Teva Pharmaceutical-SP ADR	0.00%	26,024	$460K	Reduce -91.9%
P Everpure Inc. Class A filed as PURE STORAGE INC	0.00%	9,340	$456K	No change
ZS Zscaler Inc.	0.00%	2,721	$454K	Reduce -90.1%
JBL Jabil Inc.	0.00%	3,740	$446K	Reduce -96.8%
TRMB Trimble Inc.	0.00%	7,307	$444K	Reduce -98.4%
BAX Baxter International Inc.	0.00%	11,805	$436K	New
ALGN Align Technology Inc.	0.00%	1,661	$408K	Reduce -92.2%
AVTR Avantor Inc.	0.00%	15,776	$401K	Reduce -91.9%
PODD Insulet Corp.	0.00%	1,626	$381K	Reduce -91.9%
UTHR United Therapeutics Corp.	0.00%	1,038	$371K	Reduce -92.1%
CYBR Cyberark Software Ltd./Israel	0.00%	1,285	$359K	Reduce -89.9%
BMRN Biomarin Pharmaceutical Inc.	0.00%	4,408	$309K	Reduce -91.8%
QRVO Qorvo Inc.	0.00%	2,818	$281K	New
NBIX Neurocrine Biosciences Inc.	0.00%	2,311	$264K	Reduce -91.7%
CTLT Catalent Inc.	0.00%	4,204	$253K	Reduce -92.0%
CRL Charles River Laboratories	0.00%	1,193	$232K	Reduce -91.9%
LSCC Lattice Semiconductor Corp.	0.00%	3,960	$203K	New

Portfolio Sells Q2 2024 → Q3 2024


NVDA Nvidia Corp.	Reduce -95.3%	0.20%	−3.66
AVGO Broadcom Inc.	Reduce -91.0%	0.16%	−1.33
MSFT Microsoft Corp.	Reduce -89.8%	0.16%	−1.26
AAPL Apple Inc.	Sold out	0.00%	−1.08
LLY Eli Lilly & Co.	Reduce -93.5%	0.08%	−0.99
UNH Unitedhealth Group Inc.	Reduce -92.6%	0.10%	−0.89
MRK Merck & Co. Inc.	Reduce -92.5%	0.06%	−0.71
CRM Salesforce Inc.	Reduce -89.9%	0.09%	−0.61
ORCL Oracle Corp.	Reduce -90.4%	0.08%	−0.55
AMD Advanced Micro Devices	Reduce -92.5%	0.05%	−0.54
JNJ Johnson & Johnson	Sold out	0.00%	−0.53
ABBV Abbvie Inc.	Reduce -92.6%	0.05%	−0.49
TMO Thermo Fisher Scientific Inc.	Sold out	0.00%	−0.43
QCOM Qualcomm Inc.	Reduce -91.3%	0.04%	−0.41
ANET Arista Networks Inc.	Reduce -92.5%	0.03%	−0.33
AMAT Applied Materials Inc.	Reduce -90.2%	0.03%	−0.32
ADBE Adobe Inc.	Reduce -90.6%	0.04%	−0.32
ZTS Zoetis Inc.	Reduce -94.2%	0.02%	−0.29
INTU Intuit Inc.	Reduce -90.3%	0.03%	−0.29
ISRG Intuitive Surgical Inc.	Sold out	0.00%	−0.27
DHR Danaher Corp.	Reduce -92.6%	0.03%	−0.27
NTAP Netapp Inc.	Reduce -96.8%	0.01%	−0.27
AMGN Amgen Inc.	Reduce -92.2%	0.03%	−0.26
NOW ServiceNow Inc.	Reduce -90.1%	0.04%	−0.25
LRCX Lam Research Corp.	Sold out	0.00%	−0.25
ABT Abbott Laboratories	Sold out	0.00%	−0.25
ACN Accenture PLC Class A	Sold out	0.00%	−0.25
MU Micron Technology Inc.	Reduce -90.4%	0.02%	−0.24
IBM Intl Business Machines Corp.	Sold out	0.00%	−0.23
MSI Motorola Solutions Inc.	Reduce -93.1%	0.02%	−0.23
AVB Avalonbay Communities Inc.	Reduce -52.6%	0.35%	−0.22
MCK McKesson Corp.	Reduce -92.2%	0.02%	−0.20
DELL Dell Technologies -C	Reduce -91.8%	0.02%	−0.19
SYK Stryker Corp.	Sold out	0.00%	−0.19
VRTX Vertex Pharmaceuticals Inc.	Reduce -92.1%	0.02%	−0.19
ADI Analog Devices Inc.	Sold out	0.00%	−0.18
KLAC KLA Corp.	Reduce -90.3%	0.02%	−0.18
HCA HCA Healthcare Inc.	Reduce -92.9%	0.02%	−0.18
PANW Palo Alto Networks Inc.	Reduce -90.4%	0.02%	−0.18
REGN Regeneron Pharmaceuticals	Reduce -92.0%	0.02%	−0.17
WDAY Workday Inc. Class A	Reduce -91.4%	0.02%	−0.17
TRNO Terreno Realty Corp.	Sold out	0.00%	−0.17
BSX Boston Scientific Corp.	Reduce -92.0%	0.02%	−0.17
IT Gartner Inc.	Reduce -90.5%	0.02%	−0.16
NXPI NXP Semiconductors NV	Reduce -93.2%	0.01%	−0.16
SNPS Synopsys Inc.	Reduce -90.3%	0.02%	−0.15
CRWD CrowdStrike Holdings Inc. Class A	Reduce -90.3%	0.01%	−0.15
TRMB Trimble Inc.	Reduce -98.4%	0.00%	−0.14
ZBRA Zebra Technologies Corp. Class A	Reduce -92.8%	0.02%	−0.14
IDXX Idexx Laboratories Inc.	Reduce -96.5%	0.01%	−0.14

Portfolio Buys Q2 2024 → Q3 2024


PLD Prologis Inc.	Add +0.5%	16.70%	+4.07
DLR Digital Realty Trust Inc.	Add +0.3%	10.00%	+1.99
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Add +44.0%	3.26%	+1.42
VMRK Vivmark Residential	Add +0.3%	5.80%	+1.29
EXR Extra Space Storage Inc.	Add +0.9%	3.11%	+0.89
INVH Invitation Homes Inc.	Add +2.2%	3.95%	+0.58
WELL Welltower Inc.	Add +6.2%	1.14%	+0.40
REXR Rexford Industrial Realty Inc.	New	0.31%	+0.31
UDR Udr Inc.	Add +162.0%	0.44%	+0.31
NNN NNN REIT Inc.	New	0.24%	+0.24
IRM Iron Mountain Inc.	Add +20.0%	0.38%	+0.18
VNO Vornado Realty Trust	Add +270.9%	0.17%	+0.15
CURB Curbline Properties Corp.	New	0.12%	+0.12
NSA National Storage Affiliates	New	0.11%	+0.11
GRP.U Granite Real Estate Investme	New	0.10%	+0.10
LQD Ishr Ibx Usd Invgd CB ETF-Ui	New	0.10%	+0.10
DOC Healthpeak Properties Inc.	Add +6.1%	0.30%	+0.09
EPRT Essential Properties Realty	Add +19.8%	0.21%	+0.09
LINE Lineage Inc.	New	0.06%	+0.06
AHR American Healthcare REIT Inc.	New	0.05%	+0.05
ROIC Retail Opportunity Investmen	New	0.04%	+0.04
NHI Natl Health Investors Inc.	New	0.04%	+0.04
TXN Texas Instruments Inc.	New	0.04%	+0.04
INTC Intel Corp.	New	0.02%	+0.02
CDW CDW Corp.	Add +468.6%	0.01%	+0.01
TEL Te Connectivity PLC	New	0.01%	+0.01
CVS CVS Health Corp.	New	0.01%	+0.01
HPE Hewlett Packard Enterprise	New	0.01%	+0.01
TER Teradyne Inc.	New	0.00%	+0.00
SWKS Skyworks Solutions Inc.	New	0.00%	+0.00
ENPH Enphase Energy Inc.	New	0.00%	+0.00
BAX Baxter International Inc.	New	0.00%	+0.00
QRVO Qorvo Inc.	New	0.00%	+0.00
LSCC Lattice Semiconductor Corp.	New	0.00%	+0.00
FSLR First Solar Inc.	Add +3.6%	0.01%	+0.00
SITC Site Centers Corp.	Add +69.9%	0.04%	−0.03

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	61	$14.3B	PLD, DLR, EQIX, VTR, VMRK
Q1 2026	59	$13.0B	PLD, DLR, EQIX, VTR, VMRK
Q4 2025	57	$12.8B	PLD, DLR, EQIX, VTR, VMRK
Q3 2025	184	$13.6B	PLD, DLR, EQIX, VTR, VMRK
Q2 2025	189	$13.4B	PLD, DLR, EQIX, VMRK, VTR
Q1 2025	203	$13.1B	PLD, DLR, EQIX, VMRK, VTR
Q4 2024	205	$13.2B	PLD, DLR, EQIX, VMRK, VTR
Q3 2024	156	$14.8B	PLD, DLR, EQIX, VMRK, VTR
Q2 2024	168	$17.5B	PLD, DLR, EQIX, ARE, VMRK
Q1 2024	171	$17.3B	PLD, DLR, EQIX, ARE, VTR