Pensionfund PDN

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed March 26, 2026), Pensionfund PDN reported 71 stock positions worth $154.4 million. Its top holding was Prologis (PLD) at 8.8% of the portfolio, followed by Equinix (EQIX, 6.6%) and Welltower (WELL, 6.1%). Compared with Q2 2025, it added to 7 and reduced 7. The biggest buy was Equinix (EQIX, shares +23%) and the biggest sale Healthcare Realty Trust (HR, shares −31%).

Most Recent 13F
Q2 2026
Location
SITTARD, P7
CIK
0001297731
Portfolio Value
$154.4M (Q3 2025)
SEC Filing
0001297731-26-000002 ↗ filed Mar 26, 2026

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 Q2 2025 Q3 2025: $154.4M $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 · $154.4M

PLD Prologis Inc. 8.79% 118,553 $13.6M Add +1.0%
EQIX Equinix Inc. 6.60% 13,014 $10.2M Add +22.6%
WELL Welltower Inc. 6.08% 52,753 $9.4M No change
O Realty Income Corp. 5.19% 131,870 $8.0M No change
DLR Digital Realty Trust Inc. 4.92% 43,919 $7.6M No change
SPG Simon Property Group Inc. 4.80% 39,508 $7.4M No change
PSA Public Storage 3.93% 20,989 $6.1M Add +1.9%
VICI Vici Properties Inc. filed as VICI PPTYS INC 3.63% 172,000 $5.6M No change
VTR Ventas Inc. 2.80% 61,679 $4.3M No change
DOC Healthpeak Properties Inc. 2.55% 205,473 $3.9M No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 2.54% 38,500 $3.9M No change
AVB Avalonbay Communities Inc. 2.52% 20,120 $3.9M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 2.08% 49,556 $3.2M No change
WPC WP Carey Inc. 2.03% 46,300 $3.1M No change
INVH Invitation Homes Inc. 1.86% 98,110 $2.9M Add +24.0%
ESS Essex Property Trust Inc. 1.68% 9,695 $2.6M No change
OHI Omega Healthcare Investors 1.62% 59,300 $2.5M Reduce -9.2%
BRX Brixmor Property Group Inc. 1.61% 90,000 $2.5M No change
EXR Extra Space Storage Inc. 1.54% 16,840 $2.4M No change
MAA Mid-America Apartment Comm 1.39% 15,340 $2.1M No change
AMH American Homes 4 Rent- A 1.36% 63,000 $2.1M Add +40.0%
CUBE Cubesmart 1.28% 48,800 $2.0M No change
STAG Stag Industrial Inc. 1.23% 53,880 $1.9M No change
LAMR Lamar Advertising Co. Class A 1.23% 15,500 $1.9M No change
GLPI Gaming and Leisure Propertie 1.21% 40,172 $1.9M No change
NNN NNN REIT Inc. 1.19% 43,200 $1.8M No change
SBRA Sabra Health Care REIT Inc. 1.18% 97,730 $1.8M Reduce -11.7%
EPRT Essential Properties Realty 1.17% 60,500 $1.8M No change
EPR Epr Properties filed as EPR PPTYS 1.16% 30,962 $1.8M No change
BNL Broadstone Net Lease Inc. 1.11% 96,000 $1.7M Reduce -12.7%
HR Healthcare Realty Trust Inc. 1.09% 93,719 $1.7M Reduce -30.9%
HST Host Hotels & Resorts Inc. 1.07% 96,998 $1.7M No change
ARE Alexandria Real Estate Equit 1.01% 18,700 $1.6M No change
CTRE Caretrust REIT Inc. 0.99% 44,000 $1.5M No change
LXP LXP Industrial Trust 0.97% 167,000 $1.5M No change
UDR Udr Inc. 0.97% 40,105 $1.5M No change
CPT Camden Property Trust 0.95% 13,786 $1.5M Reduce -12.7%
KRG Kite Realty Group Trust 0.92% 63,500 $1.4M No change
PLYM Plymouth Industrial REIT Inc. 0.77% 53,000 $1.2M Reduce -31.2%
GTY Getty Realty Corp. 0.75% 43,000 $1.2M No change
COLD Americold Realty Trust Inc. 0.75% 94,000 $1.2M Add +62.1%
CUZ Cousins Properties Inc. 0.67% 35,977 $1.0M No change
BXP BXP Inc. 0.56% 11,717 $871K No change
XRN Chiron Real Estate Inc. filed as GLOBAL MED REIT INC 0.54% 24,800 $836K No change
CSR Centerspace 0.49% 12,780 $753K No change
VNO Vornado Realty Trust 0.48% 18,265 $740K No change
IRT Independence Realty Trust Inc. 0.47% 44,500 $729K No change
OUT Outfront Media Inc. 0.45% 37,617 $689K Add +22.9%
KIM Kimco Realty Corp. 0.43% 30,731 $671K No change
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.42% 43,900 $652K No change
HIW Highwoods Properties Inc. 0.41% 19,802 $630K No change
FCPT Four Corners Property Trust 0.40% 25,000 $610K No change
APLE Apple Hospitality REIT Inc. 0.39% 50,000 $601K No change
PK Park Hotels & Resorts Inc. 0.37% 52,038 $577K No change
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.36% 7,000 $557K No change
BDN Brandywine Realty Trust 0.35% 131,400 $548K No change
RLJ RLJ Lodging Trust 0.32% 69,200 $498K No change
IIPR Innovative Industrial Proper 0.29% 8,400 $450K No change
MPT Medical Properties Trust Inc. 0.29% 87,000 $441K Reduce -59.9%
KRC Kilroy Realty Corp. 0.25% 9,000 $380K No change
INN Summit Hotel Properties Inc. 0.25% 69,000 $379K No change
SKT Tanger Inc. 0.24% 11,000 $372K No change
MAC The Macerich Co. 0.22% 18,720 $341K No change
GNL Global Net Lease Inc. 0.16% 30,976 $252K No change
CLDT Chatham Lodging Trust 0.16% 36,000 $242K No change
HUDSON PAC PPTYS INC 0.15% 84,500 $233K No change
DBRG Digitalbridge Group Inc. 0.11% 14,233 $167K No change
NSA National Storage Affiliates 0.10% 5,300 $160K No change
PEB Pebblebrook Hotel Trust 0.07% 8,911 $101K No change
POWER REIT 0.05% 78,526 $79K No change
SITC Site Centers Corp. filed as SITE CTRS CORP 0.04% 7,500 $68K No change

Portfolio Sells Q2 2025 → Q3 2025

HR Healthcare Realty Trust Inc. Reduce -30.9% 1.09% −0.36
MPT Medical Properties Trust Inc. Reduce -59.9% 0.29% −0.34
CPT Camden Property Trust Reduce -12.7% 0.95% −0.25
SBRA Sabra Health Care REIT Inc. Reduce -11.7% 1.18% −0.20
BNL Broadstone Net Lease Inc. Reduce -12.7% 1.11% −0.08
PLYM Plymouth Industrial REIT Inc. Reduce -31.2% 0.77% −0.07
OHI Omega Healthcare Investors Reduce -9.2% 1.62% +0.01

Portfolio Buys Q2 2025 → Q3 2025

EQIX Equinix Inc. Add +22.6% 6.60% +0.91
PLD Prologis Inc. Add +1.0% 8.79% +0.48
AMH American Homes 4 Rent- A Add +40.0% 1.36% +0.26
INVH Invitation Homes Inc. Add +24.0% 1.86% +0.11
OUT Outfront Media Inc. Add +22.9% 0.45% +0.11
COLD Americold Realty Trust Inc. Add +62.1% 0.75% +0.09
PSA Public Storage Add +1.9% 3.93% −0.15

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