Pensionfund PDN

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 1, 2025), Pensionfund PDN reported 71 stock positions worth $148.4 million. Its top holding was Prologis (PLD) at 8.3% of the portfolio, followed by Equinix (EQIX, 5.7%) and Welltower (WELL, 5.5%). Compared with Q1 2025, it added to 6 and reduced 2. The biggest buy was Equinix (EQIX, shares +4%) and the biggest sale Mid-America Apartment Comm (MAA, shares −4%).

Most Recent 13F
Q2 2026
Location
SITTARD, P7
CIK
0001297731
Portfolio Value
$148.4M (Q2 2025)
SEC Filing
0001297731-25-000004 ↗ filed Jul 1, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $186.9M Q1 2024 Q2 2024: $188.1M Q2 2024 Q3 2024: $218.3M Q3 2024 Q4 2024: $160.9M Q4 2024 Q1 2025: $151.2M Q1 2025 Q2 2025: $148.4M $148.4M Q2 2025 Q3 2025: $154.4M Q3 2025 Q4 2025: $151.9M Q4 2025 Q1 2026: $172.9M Q1 2026 Q2 2026: $194.4M Q2 2026

Holdings 71 stocks · $148.4M
PLD Prologis Inc. 8.32% 117,353 $12.3M No change
EQIX Equinix Inc. 5.69% 10,614 $8.4M Add +3.9%
WELL Welltower Inc. 5.47% 52,753 $8.1M No change
DLR Digital Realty Trust Inc. 5.16% 43,919 $7.7M No change
O Realty Income Corp. 5.12% 131,870 $7.6M No change
SPG Simon Property Group Inc. 4.28% 39,508 $6.4M No change
PSA Public Storage 4.07% 20,589 $6.0M No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 3.78% 172,000 $5.6M No change
AVB Avalonbay Communities Inc. 2.76% 20,120 $4.1M No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 2.66% 38,500 $3.9M No change
VTR Ventas Inc. 2.63% 61,679 $3.9M No change
DOC Healthpeak Properties Inc. 2.43% 205,473 $3.6M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 2.25% 49,556 $3.3M No change
WPC WP Carey Inc. 1.95% 46,300 $2.9M No change
ESS Essex Property Trust Inc. 1.85% 9,695 $2.7M No change
INVH Invitation Homes Inc. 1.75% 79,110 $2.6M No change
EXR Extra Space Storage Inc. 1.67% 16,840 $2.5M No change
OHI Omega Healthcare Investors 1.61% 65,300 $2.4M Add +5.3%
BRX Brixmor Property Group Inc. 1.58% 90,000 $2.3M No change
MAA Mid-America Apartment Comm 1.53% 15,340 $2.3M Reduce -4.4%
HR Healthcare Realty Trust Inc. 1.45% 135,719 $2.2M No change
CUBE Cubesmart 1.40% 48,800 $2.1M No change
SBRA Sabra Health Care REIT Inc. 1.38% 110,730 $2.0M No change
STAG Stag Industrial Inc. 1.32% 53,880 $2.0M No change
EPRT Essential Properties Realty 1.30% 60,500 $1.9M No change
LAMR Lamar Advertising Co. Class A 1.27% 15,500 $1.9M Add +6.9%
GLPI Gaming and Leisure Propertie 1.26% 40,172 $1.9M No change
NNN NNN REIT Inc. 1.26% 43,200 $1.9M No change
EPR Epr Properties filed as EPR PPTYS 1.22% 30,962 $1.8M No change
CPT Camden Property Trust 1.20% 15,786 $1.8M No change
BNL Broadstone Net Lease Inc. 1.19% 110,000 $1.8M No change
UDR Udr Inc. 1.10% 40,105 $1.6M Reduce -7.0%
AMH American Homes 4 Rent- A 1.09% 45,000 $1.6M No change
HST Host Hotels & Resorts Inc. 1.00% 96,998 $1.5M No change
KRG Kite Realty Group Trust 0.97% 63,500 $1.4M No change
LXP LXP Industrial Trust 0.93% 167,000 $1.4M Add +9.9%
ARE Alexandria Real Estate Equit 0.92% 18,700 $1.4M No change
CTRE Caretrust REIT Inc. 0.91% 44,000 $1.3M No change
PLYM Plymouth Industrial REIT Inc. 0.83% 77,000 $1.2M No change
GTY Getty Realty Corp. 0.80% 43,000 $1.2M No change
CUZ Cousins Properties Inc. 0.73% 35,977 $1.1M No change
COLD Americold Realty Trust Inc. 0.65% 58,000 $965K Add +61.1%
MPT Medical Properties Trust Inc. 0.63% 217,000 $935K No change
XRN Global Medical REIT Inc. 0.58% 124,000 $859K No change
BXP BXP Inc. 0.53% 11,717 $791K No change
IRT Independence Realty Trust Inc. 0.53% 44,500 $787K No change
CSR Centerspace 0.52% 12,780 $769K No change
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.50% 43,900 $737K No change
VNO Vornado Realty Trust 0.47% 18,265 $698K No change
FCPT Four Corners Property Trust 0.45% 25,000 $673K No change
KIM Kimco Realty Corp. 0.44% 30,731 $646K No change
HIW Highwoods Properties Inc. 0.42% 19,802 $616K No change
APLE Apple Hospitality REIT Inc. 0.39% 50,000 $584K No change
BDN Brandywine Realty Trust 0.38% 131,400 $564K No change
PK Park Hotels & Resorts Inc. 0.36% 52,038 $532K No change
RLJ RLJ Lodging Trust 0.34% 69,200 $504K No change
OUT Outfront Media Inc. 0.34% 30,617 $500K Add +29.6%
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.33% 7,000 $491K No change
IIPR Innovative Industrial Proper 0.31% 8,400 $464K No change
INN Summit Hotel Properties Inc. 0.24% 69,000 $351K No change
SKT Tanger Inc. 0.23% 11,000 $336K No change
KRC Kilroy Realty Corp. 0.21% 9,000 $309K No change
MAC The Macerich Co. 0.20% 18,720 $303K No change
CLDT Chatham Lodging Trust 0.17% 36,000 $251K No change
GNL Global Net Lease Inc. 0.16% 30,976 $234K No change
HUDSON PAC PPTYS INC 0.16% 84,500 $232K No change
NSA National Storage Affiliates 0.11% 5,300 $170K No change
DBRG Digitalbridge Group Inc. 0.10% 14,233 $147K No change
PEB Pebblebrook Hotel Trust 0.06% 8,911 $89K No change
POWER REIT 0.06% 78,526 $85K No change
SITC Site Centers Corp. filed as SITE CTRS CORP 0.06% 7,500 $85K No change

Portfolio Sells Q1 2025 → Q2 2025
MAA Mid-America Apartment Comm Reduce -4.4% 1.53% −0.25
UDR Udr Inc. Reduce -7.0% 1.10% −0.18

Portfolio Buys Q1 2025 → Q2 2025
EQIX Equinix Inc. Add +3.9% 5.69% +0.18
LAMR Lamar Advertising Co. Class A Add +6.9% 1.27% +0.18
COLD Americold Realty Trust Inc. Add +61.1% 0.65% +0.14
OUT Outfront Media Inc. Add +29.6% 0.34% +0.09
LXP LXP Industrial Trust Add +9.9% 0.93% +0.06
OHI Omega Healthcare Investors Add +5.3% 1.61% +0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 76$194.4MPLD, EQIX, WELL, SPG, O
Q1 2026 76$172.9MPLD, EQIX, WELL, O, DLR
Q4 2025 76$151.9MPLD, EQIX, WELL, O, SPG
Q3 2025 71$154.4MPLD, EQIX, WELL, O, DLR
Q2 2025 71$148.4MPLD, EQIX, WELL, DLR, O
Q1 2025 71$151.2MPLD, EQIX, WELL, O, SPG
Q4 2024 68$160.9MPLD, EQIX, DLR, SPG, O
Q3 2024 68$218.3MPLD, EQIX, O, PSA, SPG
Q2 2024 68$188.1MPLD, SPG, O, EQIX, PSA
Q1 2024 70$186.9MPLD, SPG, O, EQIX, PSA