ING Groep NV

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), ING Groep NV reported 472 stock positions worth $16.4 billion. Its top holding was Nvidia (NVDA) at 10.3% of the portfolio, followed by Microsoft (MSFT, 9.6%) and Apple (AAPL, 6.2%). Compared with Q1 2025, it opened 111 new positions, sold out of 116, added to 217 and reduced 129. The biggest buy was Microsoft (MSFT, shares +44%) and the biggest sale Mastercard Class A (MA, shares −23%).

Most Recent 13F
Q2 2026
Location
AMSTERDAM, P7
CIK
0001039765
Portfolio Value
$16.4B (Q2 2025)
SEC Filing
0001140361-25-029070 ↗ filed Aug 6, 2025

Holdings Value

0$5.0B$10.0B$15.0B$20.0B$25.0B Q1 2024: $14.6B Q1 2024 Q2 2024: $16.9B Q2 2024 Q3 2024: $17.2B Q3 2024 Q4 2024: $14.8B Q4 2024 Q1 2025: $14.4B Q1 2025 Q2 2025: $16.4B $16.4B Q2 2025 Q3 2025: $18.5B Q3 2025 Q4 2025: $16.6B Q4 2025 Q1 2026: $16.4B Q1 2026 Q2 2026: $20.5B Q2 2026

Holdings 472 stocks · $16.4B

NVDA Nvidia Corp. 10.27% 10,685,466 $1.7B Add +3.5%
MSFT Microsoft Corp. 9.63% 2,971,088 $1.6B Add +44.1%
AAPL Apple Inc. 6.21% 4,977,580 $1.0B Add +39.4%
MA Mastercard Inc. Class A 5.13% 1,415,966 $843.9M Reduce -22.9%
AVGO Broadcom Inc. 4.06% 2,419,454 $666.9M Reduce -13.1%
GOOGL Alphabet Inc. Class A 2.50% 2,105,620 $410.7M Reduce -43.5%
AMZN Amazon.com Inc. 2.44% 1,825,043 $400.4M Add +19.3%
GOOG Alphabet Inc. Class C 2.10% 1,949,664 $345.9M Add +60.6%
HON Honeywell International Inc. 1.91% 1,349,252 $314.2M Add +13.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.82% 6,330,970 $299.6M Reduce -2.6%
META Meta Platforms Inc. Class A 1.78% 397,247 $293.2M Reduce -25.2%
LIN Linde PLC 1.64% 574,008 $269.3M Reduce -10.2%
XLI SS Industrial Select Sector 1.58% 1,759,344 $259.5M No change
MPLX MPLX LP 1.43% 4,562,500 $235.0M Add +0.3%
TSLA Tesla Inc. 1.40% 726,698 $230.8M Add +12.2%
CTSH Cognizant Tech Solutions-A 1.35% 2,836,451 $221.3M Reduce -1.0%
HD Home Depot Inc. 1.31% 588,606 $215.8M Add +210.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.11% 296,138 $183.0M No change
ORCL Oracle Corp. 1.11% 834,123 $182.4M Add +309.3%
CRM Salesforce Inc. 1.02% 615,357 $167.8M Add +44.4%
PEP Pepsico Inc. 0.89% 1,110,959 $146.7M Add +83.4%
COST Costco Wholesale Corp. 0.84% 139,712 $138.3M Add +43.6%
HES Hess Corp. 0.84% 994,479 $137.8M Add +54.9%
BKNG Booking Holdings Inc. 0.72% 20,435 $118.3M Add +228.8%
EA Electronic Arts Inc. 0.67% 691,505 $110.4M Reduce -40.6%
PLTR Palantir Technologies Inc. Class A 0.67% 803,518 $109.5M Reduce -18.9%
JNJ Johnson & Johnson 0.64% 692,929 $105.8M Reduce -39.0%
INTU Intuit Inc. 0.61% 128,068 $100.9M Add +110.5%
CAH Cardinal Health Inc. 0.61% 595,705 $100.1M Add +163.7%
PM Philip Morris International 0.60% 544,107 $99.1M Add +19.6%
ADBE Adobe Inc. 0.57% 240,363 $93.0M Reduce -15.0%
AMAT Applied Materials Inc. 0.55% 492,773 $90.2M Add +8.6%
NFLX Netflix Inc. 0.54% 66,393 $88.9M Reduce -65.3%
ANET Arista Networks Inc. 0.54% 866,709 $88.7M Add +5.5%
QCOM Qualcomm Inc. 0.48% 498,936 $79.5M Add +1.0%
HPE Hewlett Packard Enterprise 0.45% 3,642,842 $74.5M Add +436.2%
WMT Walmart Inc. 0.45% 760,118 $74.3M Reduce -32.8%
ABBV Abbvie Inc. 0.44% 393,305 $73.0M Reduce -27.2%
MCD McDonald's Corp. 0.44% 247,038 $72.2M Add +2511.9%
CMCSA Comcast Corp. Class A 0.43% 1,986,119 $70.9M Add +43.4%
LRCX Lam Research Corp. 0.40% 676,925 $65.9M Reduce -41.5%
EPD Enterprise Products Partners 0.39% 2,065,800 $64.1M Reduce -0.7%
MRK Merck & Co. Inc. 0.37% 776,930 $61.5M Reduce -65.0%
K Kellanova 0.37% 766,057 $60.9M Add +163.0%
ABNB Airbnb Inc. Class A 0.36% 447,770 $59.3M New
PG The Procter & Gamble Co. 0.36% 366,679 $58.4M Reduce -37.3%
KO The Coca-Cola Co. 0.35% 820,712 $58.1M Add +8.3%
TMO Thermo Fisher Scientific Inc. 0.35% 160,071 $57.3M Add +47.1%
ADP Automatic Data Processing 0.34% 183,414 $56.6M Reduce -37.6%
JPM JPMorgan Chase & Co. 0.33% 189,329 $54.9M Add +30.3%
LNWO Light & Wonder Inc. 0.33% 565,000 $54.4M Reduce -3.1%
GEV GE Vernova Inc. 0.33% 102,714 $54.4M Add +21.6%
TXN Texas Instruments Inc. 0.33% 260,459 $54.1M Add +52.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.32% 418,985 $52.0M Reduce -40.2%
AS Amer Sports Inc. 0.30% 1,279,700 $49.6M Add +1566.3%
MSI Motorola Solutions Inc. 0.30% 116,763 $49.1M Add +209.4%
NOW ServiceNow Inc. 0.28% 44,937 $46.2M Reduce -82.3%
ETSY Etsy Inc. 0.28% 910,279 $45.7M Add +56.6%
PAA Plains All Amer Pipeline LP 0.28% 2,481,400 $45.5M Reduce -22.9%
UBER Uber Technologies Inc. 0.28% 487,173 $45.5M Reduce -22.6%
CSCO Cisco Systems Inc. 0.27% 550,743 $44.1M Reduce -59.7%
AEP American Electric Power 0.26% 419,370 $43.5M Add +20.4%
GE General Electric filed as GE AEROSPACE 0.26% 168,947 $43.5M Reduce -26.9%
ISRG Intuitive Surgical Inc. 0.26% 78,186 $42.5M Reduce -19.8%
LBRDK Liberty Broadband-C 0.26% 430,800 $42.4M Add +110.8%
MDB Mongodb Inc. 0.26% 201,472 $42.3M Add +8218.4%
CMS CMS Energy Corp. 0.25% 586,859 $40.7M Add +1438.2%
UNP Union Pacific Corp. 0.25% 176,418 $40.6M Reduce -10.4%
UNH Unitedhealth Group Inc. 0.24% 124,086 $38.7M Add +1.6%
FOX Fox Corp. Class B 0.23% 729,059 $37.6M Reduce -13.0%
INFA Informatica Inc. Class A 0.22% 1,487,900 $36.2M New
IPG Interpublic Group of Cos Inc. 0.22% 1,472,427 $36.0M Add +362.9%
CTAS Cintas Corp. 0.22% 159,665 $35.6M Reduce -21.3%
T AT&T Inc. 0.21% 1,205,407 $34.9M Reduce -54.1%
COR Cencora Inc. 0.21% 115,698 $34.7M Add +439.7%
TMUS T-Mobile US Inc. 0.21% 144,782 $34.5M Add +64.0%
QQQ Invesco QQQ Trust Series 1 0.21% 62,369 $34.4M No change
ADSK Autodesk Inc. 0.21% 109,550 $33.9M Reduce -35.8%
BHC Bausch Health Cos Inc. 0.20% 5,000,000 $33.3M No change
CAR Avis Budget Group Inc. 0.20% 191,600 $32.4M Reduce -40.1%
GILD Gilead Sciences Inc. 0.19% 287,568 $31.9M Reduce -8.7%
APH Amphenol Corp. Class A 0.19% 321,260 $31.7M Add +118.9%
ANSS Ansys Inc. 0.19% 89,897 $31.6M Add +114.0%
JNPR Juniper Networks Inc. 0.18% 761,365 $30.4M Add +0.2%
VLTO Veralto Corp. 0.18% 297,614 $30.0M Add +40.5%
RBLX Roblox Corp. Class A 0.18% 284,200 $29.9M Reduce -24.5%
FTI Technipfmc PLC 0.18% 865,094 $29.8M Add +84.3%
TEAM Atlassian Corp. Class A 0.18% 145,272 $29.5M Add +473.4%
CVX Chevron Corp. 0.18% 205,245 $29.4M Add +1923.1%
ADI Analog Devices Inc. 0.18% 123,002 $29.3M Reduce -40.5%
BROS Dutch Bros Inc. Class A 0.17% 418,400 $28.6M Add +48.0%
CBRE CBRE Group Inc. Class A 0.17% 203,139 $28.5M Add +438.2%
DHR Danaher Corp. 0.17% 144,010 $28.4M Add +18.3%
KLAC KLA Corp. 0.17% 31,635 $28.3M Reduce -26.9%
MDLZ Mondelez International Inc. Class A 0.17% 409,709 $27.6M New
LUV Southwest Airlines Co. 0.16% 817,034 $26.5M New
GDDY GoDaddy Inc. Class A 0.16% 160,049 $26.2M Add +87.1%
AZEK The Azek Co. Inc. 0.16% 481,600 $26.2M New
RTX RTX Corp. 0.16% 175,786 $25.7M Add +3.3%
SPR Spirit Aerosystems Hold Class A 0.16% 669,800 $25.6M Add +109.9%

Show all 472 holdings

Portfolio Sells Q1 2025 → Q2 2025

MA Mastercard Inc. Class A Reduce -22.9% 5.13% −1.85
GOOGL Alphabet Inc. Class A Reduce -43.5% 2.50% −1.50
NOW ServiceNow Inc. Reduce -82.3% 0.28% −1.12
MRK Merck & Co. Inc. Reduce -65.0% 0.37% −1.01
ABT Abbott Laboratories Reduce -87.5% 0.09% −0.72
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.72
NFLX Netflix Inc. Reduce -65.3% 0.54% −0.70
JNJ Johnson & Johnson Reduce -39.0% 0.64% −0.66
LLY Eli Lilly & Co. Reduce -76.1% 0.15% −0.61
XOM Exxon Mobil Corp. Sold out 0.00% −0.54
EA Electronic Arts Inc. Reduce -40.6% 0.67% −0.49
LIN Linde PLC Reduce -10.2% 1.64% −0.42
ITCI Intra-Cellular Therapies Inc. Sold out 0.00% −0.34
MCK McKesson Corp. Reduce -81.5% 0.07% −0.34
ABBV Abbvie Inc. Reduce -27.2% 0.44% −0.34
META Meta Platforms Inc. Class A Reduce -25.2% 1.78% −0.34
BERY Berry Global Group Inc. Sold out 0.00% −0.34
PG The Procter & Gamble Co. Reduce -37.3% 0.36% −0.34
CSCO Cisco Systems Inc. Reduce -59.7% 0.27% −0.32
T AT&T Inc. Reduce -54.1% 0.21% −0.30
ADP Automatic Data Processing Reduce -37.6% 0.34% −0.28
FUN Six Flags Entertainment Corp. Reduce -59.2% 0.12% −0.27
CZR Caesars Entertainment Inc. Reduce -81.7% 0.06% −0.26
WM Waste Management Inc. Reduce -56.1% 0.15% −0.25
WMT Walmart Inc. Reduce -32.8% 0.45% −0.24
CHD Church & Dwight Co. Inc. Sold out 0.00% −0.23
COP Conocophillips Sold out 0.00% −0.23
GRMN Garmin Ltd. Sold out 0.00% −0.22
APP AppLovin Corp. Class A Reduce -96.6% 0.01% −0.21
SHW The Sherwin-Williams Co. Reduce -52.6% 0.13% −0.19
ADBE Adobe Inc. Reduce -15.0% 0.57% −0.19
GEHC GE Healthcare Technology Sold out 0.00% −0.18
LRCX Lam Research Corp. Reduce -41.5% 0.40% −0.18
CTSH Cognizant Tech Solutions-A Reduce -1.0% 1.35% −0.17
EQT Eqt Corp. Reduce -91.0% 0.02% −0.17
VZ Verizon Communications Inc. Reduce -97.9% 0.00% −0.17
PAA Plains All Amer Pipeline LP Reduce -22.9% 0.28% −0.17
DIS The Walt Disney Co. Reduce -40.2% 0.32% −0.16
A Agilent Technologies Inc. Reduce -88.0% 0.02% −0.16
YUM Yum! Brands Inc. Reduce -85.7% 0.02% −0.16
ETN Eaton Corp. PLC Reduce -98.7% 0.00% −0.16
BSX Boston Scientific Corp. Sold out 0.00% −0.15
TT Trane Technologies PLC Reduce -59.7% 0.12% −0.14
ZTS Zoetis Inc. Sold out 0.00% −0.13
NEE Nextera Energy Inc. Sold out 0.00% −0.12
CGNX Cognex Corp. Reduce -73.8% 0.04% −0.12
ADI Analog Devices Inc. Reduce -40.5% 0.18% −0.11
DASH DoorDash Inc. Class A Reduce -60.9% 0.10% −0.11
NEM Newmont Corp. Sold out 0.00% −0.11
ADSK Autodesk Inc. Reduce -35.8% 0.21% −0.10

Portfolio Buys Q1 2025 → Q2 2025

MSFT Microsoft Corp. Add +44.1% 9.63% +4.27
NVDA Nvidia Corp. Add +3.5% 10.27% +2.51
ORCL Oracle Corp. Add +309.3% 1.11% +0.91
HD Home Depot Inc. Add +210.3% 1.31% +0.83
GOOG Alphabet Inc. Class C Add +60.6% 2.10% +0.79
AAPL Apple Inc. Add +39.4% 6.21% +0.71
BKNG Booking Holdings Inc. Add +228.8% 0.72% +0.52
MCD McDonald's Corp. Add +2511.9% 0.44% +0.42
AMZN Amazon.com Inc. Add +19.3% 2.44% +0.42
CAH Cardinal Health Inc. Add +163.7% 0.61% +0.39
HPE Hewlett Packard Enterprise Add +436.2% 0.45% +0.38
ABNB Airbnb Inc. Class A New 0.36% +0.36
INTU Intuit Inc. Add +110.5% 0.61% +0.35
AS Amer Sports Inc. Add +1566.3% 0.30% +0.29
PEP Pepsico Inc. Add +83.4% 0.89% +0.26
MDB Mongodb Inc. Add +8218.4% 0.26% +0.25
TSLA Tesla Inc. Add +12.2% 1.40% +0.24
CRM Salesforce Inc. Add +44.4% 1.02% +0.23
CMS CMS Energy Corp. Add +1438.2% 0.25% +0.23
INFA Informatica Inc. Class A New 0.22% +0.22
K Kellanova Add +163.0% 0.37% +0.20
COST Costco Wholesale Corp. Add +43.6% 0.84% +0.20
MSI Motorola Solutions Inc. Add +209.4% 0.30% +0.18
COR Cencora Inc. Add +439.7% 0.21% +0.17
HON Honeywell International Inc. Add +13.7% 1.91% +0.17
MDLZ Mondelez International Inc. Class A New 0.17% +0.17
CVX Chevron Corp. Add +1923.1% 0.18% +0.17
LUV Southwest Airlines Co. New 0.16% +0.16
IPG Interpublic Group of Cos Inc. Add +362.9% 0.22% +0.16
AZEK The Azek Co. Inc. New 0.16% +0.16
GEV GE Vernova Inc. Add +21.6% 0.33% +0.15
JBL Jabil Inc. New 0.15% +0.15
CAT Caterpillar Inc. Add +1573.6% 0.16% +0.15
TEAM Atlassian Corp. Class A Add +473.4% 0.18% +0.14
CBRE CBRE Group Inc. Class A Add +438.2% 0.17% +0.14
LBRDK Liberty Broadband-C Add +110.8% 0.26% +0.14
WMB Williams Cos Inc. New 0.13% +0.13
CRH CRH PLC Add +928.4% 0.15% +0.13
ESTC Elastic NV Add +1609.5% 0.14% +0.13
HES Hess Corp. Add +54.9% 0.84% +0.13
APH Amphenol Corp. Class A Add +118.9% 0.19% +0.13
EXE Expand Energy Corp. New 0.13% +0.13
TXN Texas Instruments Inc. Add +52.4% 0.33% +0.12
KVUE Kenvue Inc. New 0.11% +0.11
IT Gartner Inc. New 0.11% +0.11
JBHT Hunt (jb) Transprt SVCS Inc. New 0.10% +0.10
BDX Becton Dickinson and Co. Add +535.0% 0.14% +0.10
KEYS Keysight Technologies Inc. Add +962.5% 0.11% +0.10
PM Philip Morris International Add +19.6% 0.60% +0.10
PATH Uipath Inc. Class A New 0.10% +0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 514$20.5BNVDA, AAPL, MSFT, AVGO, GOOGL
Q1 2026 503$16.4BNVDA, MSFT, AAPL, GOOG, GOOGL
Q4 2025 553$16.6BNVDA, AAPL, MSFT, AVGO, MA
Q3 2025 507$18.5BNVDA, MSFT, AAPL, AVGO, MA
Q2 2025 472$16.4BNVDA, MSFT, AAPL, MA, AVGO
Q1 2025 476$14.4BNVDA, MA, AAPL, MSFT, GOOGL
Q4 2024 559$14.8BNVDA, AAPL, MA, MSFT, META
Q3 2024 531$17.2BNVDA, AAPL, MSFT, MA, AMZN
Q2 2024 534$16.9BAAPL, NVDA, MSFT, MA, AMZN
Q1 2024 551$14.6BMSFT, AAPL, NVDA, MA, AMZN