PGGM Investments

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 24, 2024), PGGM Investments reported 365 stock positions worth $6.9 billion. Its top holding was Prologis (PLD) at 5.9% of the portfolio, followed by Equinix (EQIX, 5.0%) and Welltower (WELL, 3.3%). Compared with Q4 2023, it opened 55 new positions, sold out of 41, added to 126 and reduced 88. The biggest buy was Equinix (EQIX, shares +56%) and the biggest sale Digital Realty Trust (DLR, shares −75%).

Most Recent 13F
Q2 2026
Location
ZEIST, P7
CIK
0001472190
Portfolio Value
$6.9B (Q1 2024)
SEC Filing
0001472190-24-000004 ↗ filed May 24, 2024

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $6.9B $6.9B Q1 2024 Q2 2024: $7.0B Q2 2024 Q3 2024: $7.8B Q3 2024 Q4 2024: $7.5B Q4 2024 Q1 2025: $7.4B Q1 2025 Q2 2025: $5.8B Q2 2025 Q3 2025: $6.2B Q3 2025 Q4 2025: $6.3B Q4 2025 Q1 2026: $5.7B Q1 2026 Q2 2026: $4.1B Q2 2026

Holdings 365 stocks · $6.9B
PLD Prologis Inc. 5.86% 3,105,328 $404.4M Reduce -2.0%
EQIX Equinix Inc. 4.96% 414,217 $341.9M Add +55.8%
WELL Welltower Inc. 3.28% 2,418,507 $226.0M Reduce -2.0%
EXR Extra Space Storage Inc. 2.92% 1,369,446 $201.3M Add +2.8%
MSFT Microsoft Corp. 2.87% 470,679 $198.0M Add +32.4%
SPG Simon Property Group Inc. 2.76% 1,214,937 $190.1M Add +0.4%
NVDA Nvidia Corp. 2.61% 199,050 $179.9M Add +35.7%
INVH Invitation Homes Inc. 2.56% 4,965,248 $176.8M Add +4.9%
AAPL Apple Inc. 2.47% 991,643 $170.0M Add +13.8%
DOC Healthpeak Properties Inc. 1.77% 6,524,045 $122.3M Add +4.8%
REXR Rexford Industrial Realty Inc. 1.77% 2,431,927 $122.3M Add +3.9%
UDR Udr Inc. 1.74% 3,211,724 $120.2M Add +38.2%
WPC WP Carey Inc. 1.73% 2,109,122 $119.0M Add +0.1%
TMO Thermo Fisher Scientific Inc. 1.67% 198,517 $115.4M Add +0.8%
O Realty Income Corp. 1.58% 2,017,028 $109.1M Add +17.7%
MDT Medtronic PLC 1.40% 1,104,318 $96.2M No change
ESS Essex Property Trust Inc. 1.29% 362,252 $88.7M No change
ARE Alexandria Real Estate Equit 1.28% 685,983 $88.4M No change
CPT Camden Property Trust 1.21% 846,016 $83.2M Reduce -28.6%
GOOGL Alphabet Inc. Class A 1.20% 547,823 $82.7M Add +5.9%
META Meta Platforms Inc. Class A 1.19% 168,780 $82.0M Add +17.1%
LIN Linde PLC 1.11% 164,502 $76.4M Reduce -10.3%
ABT Abbott Laboratories 1.07% 649,215 $73.8M Add +0.2%
ITRI Itron Inc. 0.99% 738,139 $68.3M Reduce -16.6%
HST Host Hotels & Resorts Inc. 0.92% 3,053,756 $63.2M Add +3.1%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.89% 479,613 $61.7M Reduce -48.6%
FRT Federal Realty Invs Trust 0.89% 601,442 $61.4M Add +0.2%
SITC Site Centers Corp. filed as SITE CTRS CORP 0.88% 4,163,628 $61.0M No change
AMZN Amazon.com Inc. 0.88% 334,959 $60.4M Add +23.7%
KRC Kilroy Realty Corp. 0.86% 1,629,354 $59.4M Reduce -15.1%
PEB Pebblebrook Hotel Trust 0.85% 3,793,259 $58.5M No change
V Visa Inc. Class A 0.83% 204,034 $56.9M Add +7.4%
JPM JPMorgan Chase & Co. 0.81% 277,276 $55.5M Add +14.1%
ALB Albemarle Corp. 0.79% 413,492 $54.5M Add +261.6%
MA Mastercard Inc. Class A 0.78% 112,250 $54.1M Add +6.3%
EPR Epr Properties filed as EPR PPTYS 0.78% 1,272,738 $54.0M No change
HIW Highwoods Properties Inc. 0.77% 2,039,755 $53.4M No change
BRK.B Berkshire Hathaway Inc. Class B 0.73% 118,950 $50.0M Reduce -0.0%
AGRO Adecoagro SA 0.72% 4,500,000 $49.6M No change
DLR Digital Realty Trust Inc. 0.67% 321,521 $46.3M Reduce -74.9%
PSA Public Storage 0.65% 155,035 $45.0M Reduce -14.5%
CTVA Corteva Inc. 0.64% 763,023 $44.0M No change
KIM Kimco Realty Corp. 0.62% 2,173,757 $42.6M No change
BKNG Booking Holdings Inc. 0.60% 11,371 $41.3M No change
NEE Nextera Energy Inc. 0.57% 618,825 $39.5M Add +7.0%
SEDG Solaredge Technologies Inc. 0.55% 530,662 $37.7M Add +32.2%
CUBE Cubesmart 0.53% 809,749 $36.6M No change
REGN Regeneron Pharmaceuticals 0.50% 36,029 $34.7M No change
FMC FMC Corp. 0.48% 521,835 $33.2M No change
BRX Brixmor Property Group Inc. 0.48% 1,407,666 $33.0M No change
HAIN Hain Celestial Group Inc. 0.47% 4,131,942 $32.5M No change
AMH American Homes 4 Rent- A 0.47% 875,456 $32.2M New
ILMN Illumina Inc. 0.45% 227,578 $31.3M Add +7.4%
AMAT Applied Materials Inc. 0.42% 140,420 $29.0M Add +18.2%
PNR Pentair PLC 0.42% 336,666 $28.8M Reduce -14.5%
ADM Archer-Daniels-Midland Co. 0.40% 443,916 $27.9M Reduce -1.7%
HDB HDFC Bank Ltd.-ADR 0.40% 493,024 $27.6M New
CTAS Cintas Corp. 0.38% 37,715 $25.9M No change
NFLX Netflix Inc. 0.36% 41,421 $25.2M Add +55.4%
FICO Fair Isaac Corp. 0.34% 18,623 $23.3M No change
KLAC KLA Corp. 0.33% 32,117 $22.4M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.33% 22,042 $22.4M No change
GE General Electric 0.32% 127,201 $22.3M Add +0.5%
ADBE Adobe Inc. 0.32% 43,900 $22.2M Add +1.4%
CMCSA Comcast Corp. Class A 0.32% 507,077 $22.0M Add +0.8%
COR Cencora Inc. 0.32% 89,908 $21.8M Reduce -3.5%
MCK McKesson Corp. 0.31% 40,091 $21.5M Reduce -20.8%
CAT Caterpillar Inc. 0.31% 57,832 $21.2M Add +5.5%
IT Gartner Inc. 0.29% 42,247 $20.1M No change
ORLY O'reilly Automotive Inc. 0.28% 17,407 $19.6M Reduce -0.6%
MRSH Marsh & McLennan Cos 0.28% 92,676 $19.1M Reduce -2.2%
ITW Illinois Tool Works 0.27% 70,391 $18.9M No change
FAST Fastenal Co. 0.27% 242,999 $18.7M Add +1.0%
CAH Cardinal Health Inc. 0.26% 162,256 $18.2M Reduce -3.8%
NVR NVR Inc. 0.26% 2,207 $17.9M No change
MCD McDonald's Corp. 0.26% 62,452 $17.6M Reduce -11.2%
LRCX Lam Research Corp. 0.26% 18,107 $17.6M Add +22.5%
ARGX Argenx SE - ADR 0.25% 44,586 $17.6M No change
YUM Yum! Brands Inc. 0.25% 126,037 $17.5M Reduce -2.6%
OTIS Otis Worldwide Corp. 0.24% 170,081 $16.9M No change
MTD Mettler-Toledo International 0.24% 12,589 $16.8M No change
C Citigroup Inc. 0.24% 263,873 $16.7M Add +51.2%
PG The Procter & Gamble Co. 0.24% 101,393 $16.5M Reduce -48.3%
PHM Pultegroup Inc. 0.24% 135,834 $16.4M Add +0.8%
AFL Aflac Inc. 0.24% 190,775 $16.4M Reduce -1.7%
WMS Advanced Drainage Systems Inc. 0.22% 88,369 $15.2M Reduce -38.0%
VRSN Verisign Inc. 0.22% 79,903 $15.1M Add +0.8%
TT Trane Technologies PLC 0.22% 49,656 $14.9M Add +4.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.21% 142,217 $14.4M Reduce -0.6%
EXPD Expeditors Intl Wash Inc. 0.21% 118,641 $14.4M No change
AME Ametek Inc. 0.21% 77,744 $14.2M Reduce -2.3%
SEIC Sei Investments Company 0.20% 195,352 $14.0M No change
SNA Snap-on Inc. 0.20% 46,791 $13.9M No change
AZO AutoZone Inc. 0.20% 4,315 $13.6M No change
AWK American Water Works Co. Inc. 0.20% 110,749 $13.5M Reduce -32.4%
LEN Lennar Corp. Class A 0.20% 78,364 $13.5M Add +3.9%
L Loews Corp. 0.19% 170,397 $13.3M Reduce -1.4%
HCA HCA Healthcare Inc. 0.19% 39,575 $13.2M No change
SNPS Synopsys Inc. 0.19% 22,907 $13.1M No change
CB Chubb Ltd. 0.19% 50,281 $13.0M Reduce -2.3%
DOX Amdocs Ltd. 0.19% 143,297 $12.9M No change
DOV Dover Corp. 0.19% 73,050 $12.9M Reduce -0.9%
AON Aon PLC Class A 0.19% 38,332 $12.8M Reduce -5.5%
CRM Salesforce Inc. 0.18% 42,373 $12.8M Add +71.3%
DHI D.R. Horton Inc. 0.18% 77,439 $12.7M No change
PH Parker Hannifin Corp. 0.18% 22,855 $12.7M No change
PCAR Paccar Inc. 0.18% 102,016 $12.6M No change
RUN Sunrun Inc. 0.18% 958,045 $12.6M No change
AVGO Broadcom Inc. 0.18% 9,463 $12.5M Reduce -1.1%
CI The Cigna Group 0.18% 34,431 $12.5M Reduce -14.8%
ACGL Arch Capital Group Ltd. 0.18% 135,008 $12.5M Reduce -2.7%
AXP American Express Co. 0.18% 54,448 $12.4M Add +57.1%
AMP Ameriprise Financial Inc. 0.18% 28,015 $12.3M Add +2.2%
FTNT Fortinet Inc. 0.17% 175,791 $12.0M Add +0.8%
IEX Idex Corp. 0.17% 49,169 $12.0M No change
NUE Nucor Corp. 0.17% 60,518 $12.0M Add +1.0%
MAS Masco Corp. 0.17% 147,335 $11.6M Add +56.0%
APH Amphenol Corp. Class A 0.17% 100,650 $11.6M Reduce -0.3%
MSI Motorola Solutions Inc. 0.17% 32,364 $11.5M Reduce -0.5%
CDNS Cadence Design SYS Inc. 0.16% 36,530 $11.4M No change
URI United Rentals Inc. 0.16% 15,645 $11.3M Add +7.5%
CMG Chipotle Mexican Grill Inc. 0.16% 3,819 $11.1M No change
SFM Sprouts Farmers Market Inc. 0.16% 171,855 $11.1M Reduce -58.1%
TEL Te Connectivity Ltd. 0.16% 75,733 $11.0M Add +0.7%
AIG American International Group 0.16% 139,919 $10.9M Add +18.6%
LOW Lowe's Cos Inc. 0.16% 42,591 $10.8M Add +4.0%
KO The Coca-Cola Co. 0.15% 173,733 $10.6M Reduce -59.1%
ADP Automatic Data Processing 0.15% 41,919 $10.5M Reduce -4.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.15% 181,249 $10.4M Add +39.4%
STLD Steel Dynamics Inc. 0.15% 70,269 $10.4M No change
BLDR Builders Firstsource Inc. 0.15% 48,806 $10.2M Add +174.7%
EXPE Expedia Group Inc. 0.15% 72,716 $10.0M Add +79.8%
HWM Howmet Aerospace Inc. 0.14% 145,755 $10.0M Reduce -2.3%
FISV Fiserv Inc. 0.14% 62,359 $10.0M Add +25.9%
CTSH Cognizant Tech Solutions-A 0.14% 135,007 $9.9M Add +35.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.14% 50,732 $9.7M Add +115.6%
CDW CDW Corp. 0.14% 37,773 $9.7M No change
QCOM Qualcomm Inc. 0.14% 56,279 $9.5M Add +2512.8%
ALLE Allegion PLC 0.13% 65,817 $8.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.13% 230,910 $8.8M Add +668.7%
HIG Hartford Insurance Group Inc. 0.13% 84,115 $8.7M Reduce -1.8%
TRV The Travelers Cos Inc. 0.12% 36,901 $8.5M Reduce -7.2%
ODFL Old Dominion Freight Line 0.12% 38,298 $8.4M No change
ARW Arrow Electronics Inc. 0.12% 64,819 $8.4M No change
MKL Markel Group Inc. 0.12% 5,472 $8.3M No change
FLEX Flex Ltd. 0.12% 279,676 $8.0M Add +0.8%
HSIC Henry Schein Inc. 0.12% 105,943 $8.0M Reduce -1.3%
HOLX Hologic Inc. 0.12% 102,530 $8.0M Reduce -0.1%
VRSK Verisk Analytics Inc. 0.11% 33,018 $7.8M No change
HD Home Depot Inc. 0.11% 20,041 $7.7M Add +264.1%
SHW The Sherwin-Williams Co. 0.11% 22,022 $7.6M Add +2.4%
NXPI NXP Semiconductors NV 0.11% 30,832 $7.6M No change
AVY Avery Dennison Corp. 0.11% 33,344 $7.4M No change
BSX Boston Scientific Corp. 0.11% 107,428 $7.4M Reduce -2.9%
CPRT Copart Inc. 0.11% 127,027 $7.4M Reduce -7.8%
CPAY Corpay Inc. 0.10% 23,432 $7.2M Add +0.8%
DELL Dell Technologies -C 0.10% 62,481 $7.1M Add +5.7%
ADSK Autodesk Inc. 0.10% 27,234 $7.1M No change
HEI Heico Corp. 0.10% 35,843 $6.8M Reduce -8.6%
FTV Fortive Corp. 0.10% 78,826 $6.8M No change
CARR Carrier Global Corp. 0.10% 116,519 $6.8M Add +1.2%
SYF Synchrony Financial 0.10% 156,316 $6.7M Add +91.4%
GL Globe Life Inc. 0.09% 55,141 $6.4M Reduce -6.8%
PANW Palo Alto Networks Inc. 0.09% 22,324 $6.3M Reduce -8.9%
VNT Vontier Corp. 0.09% 138,155 $6.3M No change
NTAP Netapp Inc. 0.09% 59,661 $6.3M Add +1.8%
ATO Atmos Energy Corp. 0.09% 51,422 $6.1M Add +1.3%
AKAM Akamai Technologies Inc. 0.09% 56,036 $6.1M Add +44.6%
ECL Ecolab Inc. 0.09% 26,267 $6.1M Add +4.0%
CBOE Cboe Global Markets Inc. 0.09% 32,719 $6.0M No change
COF Capital One Financial Corp. 0.09% 40,287 $6.0M Add +2868.8%
DRI Darden Restaurants Inc. 0.08% 35,008 $5.9M No change
GNTX Gentex Corp. 0.08% 160,558 $5.8M Reduce -27.2%
EA Electronic Arts Inc. 0.08% 43,599 $5.8M Add +2.5%
DE Deere & Co. 0.08% 13,680 $5.6M No change
BMY Bristol-Myers Squibb Co. 0.08% 103,065 $5.6M Add +4.7%
GDDY GoDaddy Inc. Class A 0.08% 46,687 $5.5M Add +6.4%
WAB Wabtec Corp. 0.08% 37,398 $5.4M No change
EG Everest Group Ltd. 0.08% 13,538 $5.4M Reduce -1.1%
ACN Accenture PLC Class A 0.08% 15,420 $5.3M Add +428.3%
WST West Pharmaceutical Services 0.08% 13,374 $5.3M No change
CMI Cummins Inc. 0.08% 17,825 $5.3M Reduce -8.0%
CL Colgate-Palmolive Co. 0.08% 57,984 $5.2M Reduce -56.3%
WTW Willis Towers Watson PLC 0.07% 18,668 $5.1M Reduce -1.1%
MCHP Microchip Technology Inc. 0.07% 56,953 $5.1M Add +130.9%
JBHT Hunt (jb) Transprt SVCS Inc. 0.07% 25,368 $5.1M No change
DPZ Domino's Pizza Inc. 0.07% 10,141 $5.0M No change
ZTS Zoetis Inc. 0.07% 29,252 $5.0M Add +2.7%
CNC Centene Corp. 0.07% 62,630 $4.9M Reduce -0.7%
CSX CSX Corp. 0.07% 132,039 $4.9M Add +141.7%
DFS Discover Financial Services 0.07% 37,340 $4.9M Add +3.7%
WAT Waters Corp. 0.07% 14,211 $4.9M No change
ROP Roper Technologies Inc. 0.07% 8,649 $4.9M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.07% 54,797 $4.8M Reduce -6.2%
GS Goldman Sachs Group Inc. 0.07% 11,527 $4.8M Add +341.8%
MAR Marriott International Class A 0.07% 18,776 $4.7M Add +4.2%
LH Laboratory CRP of Amer Hldgs 0.07% 21,537 $4.7M No change
GRMN Garmin Ltd. 0.07% 30,125 $4.5M Add +2.4%
CCEP Coca-Cola Europacific Partne 0.06% 63,819 $4.5M Reduce -68.5%
LKQ LKQ Corp. 0.06% 83,100 $4.4M Add +0.1%
RHI Robert Half Inc. 0.06% 55,380 $4.4M No change
CBRE CBRE Group Inc. Class A 0.06% 44,833 $4.4M No change
TER Teradyne Inc. 0.06% 37,450 $4.2M Add +1.5%
DGX Quest Diagnostics Inc. 0.06% 31,543 $4.2M Reduce -3.2%
PFG Principal Financial Group 0.06% 48,179 $4.2M Add +2.1%
GILD Gilead Sciences Inc. 0.06% 55,034 $4.0M Reduce -36.8%
MSCI MSCI Inc. 0.06% 7,125 $4.0M No change
A Agilent Technologies Inc. 0.06% 27,431 $4.0M Add +10.9%
FNF Fidelity National Financial 0.06% 72,645 $3.9M Add +2.1%
PRU Prudential Financial Inc. 0.06% 32,470 $3.8M Add +1513.8%
MOH Molina Healthcare Inc. 0.06% 9,269 $3.8M Reduce -1.4%
REG Regency Centers Corp. 0.05% 62,176 $3.8M Add +5.0%
FBIN Fortune Brands Innovations I 0.05% 43,628 $3.7M Add +412.6%
CNA Cna Financial Corp. 0.05% 81,008 $3.7M No change
ALV Autoliv Inc. 0.05% 29,745 $3.6M Reduce -4.0%
LULU Lululemon Athletica Inc. 0.05% 8,965 $3.5M No change
OMC Omnicom Group 0.05% 35,811 $3.5M Add +1.7%
WY Weyerhaeuser Co. 0.05% 96,337 $3.5M Add +12.5%
MAN Manpowergroup Inc. 0.05% 44,499 $3.5M No change
JCI Johnson Controls Internation 0.05% 52,766 $3.4M Add +8.5%
BLK BlackRock Finance Inc. 0.05% 4,095 $3.4M Add +204.2%
CHRW C.H. Robinson Worldwide Inc. 0.05% 44,821 $3.4M Reduce -4.5%
TDG Transdigm Group Inc. 0.05% 2,757 $3.4M No change
NLY Annaly Capital Management Inc. 0.05% 170,018 $3.3M New
CBSH Commerce Bancshares Inc. 0.05% 62,870 $3.3M Reduce -37.0%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.05% 68,071 $3.3M Reduce -1.6%
ALLY Ally Financial Inc. 0.05% 81,487 $3.3M New
WM Waste Management Inc. 0.05% 15,469 $3.3M Reduce -14.1%
ROL Rollins Inc. 0.05% 70,223 $3.2M Reduce -2.2%
NOW ServiceNow Inc. 0.05% 4,130 $3.1M Add +483.3%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.05% 25,537 $3.1M Add +1080.1%
ELV Elevance Health Inc. 0.04% 5,978 $3.1M Reduce -30.0%
COST Costco Wholesale Corp. 0.04% 4,231 $3.1M Add +31.2%
CRWD CrowdStrike Holdings Inc. Class A 0.04% 9,569 $3.1M Add +462.2%
MAA Mid-America Apartment Comm 0.04% 23,201 $3.1M Add +2.2%
PLTR Palantir Technologies Inc. Class A 0.04% 131,428 $3.0M New
LW Lamb Weston Holdings Inc. 0.04% 28,267 $3.0M Reduce -47.2%
ZBH Zimmer Biomet Holdings Inc. 0.04% 22,603 $3.0M Add +2.5%
UNH Unitedhealth Group Inc. 0.04% 5,971 $3.0M Reduce -77.7%
VOYA Voya Financial Inc. 0.04% 39,593 $2.9M Add +1.9%
JEF Jefferies Financial Group Inc. 0.04% 65,874 $2.9M Add +41.8%
ZG Zillow Group Inc. Class A 0.04% 60,585 $2.9M Add +7.3%
VST Vistra Corp. 0.04% 41,336 $2.9M Add +559.2%
SSNC Ss&c Technologies Holdings 0.04% 44,694 $2.9M Add +3.1%
RPRX Royalty Pharma PLC Class A 0.04% 89,470 $2.7M No change
PEP Pepsico Inc. 0.04% 15,473 $2.7M Reduce -87.5%
AIZ Assurant Inc. 0.04% 14,156 $2.7M No change
VRTX Vertex Pharmaceuticals Inc. 0.04% 6,291 $2.6M Reduce -1.9%
FDS Factset Research Systems Inc. 0.04% 5,600 $2.5M No change
ELS Equity Lifestyle Properties 0.04% 39,340 $2.5M Add +2.0%
MELI MercadoLibre Inc. 0.04% 1,657 $2.5M Reduce -9.8%
IR Ingersoll-Rand Inc. 0.04% 26,147 $2.5M Add +9.8%
SYK Stryker Corp. 0.04% 6,864 $2.5M Add +11.0%
FCNCA First Citizens Bcshs Class A 0.03% 1,474 $2.4M No change
PWR Quanta Services Inc. 0.03% 9,196 $2.4M No change
DOCU Docusign Inc. 0.03% 36,433 $2.2M Add +682.0%
CSCO Cisco Systems Inc. 0.03% 42,057 $2.1M Reduce -84.4%
PPG PPG Industries Inc. 0.03% 14,471 $2.1M No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.03% 11,889 $2.1M No change
ULTA Ulta Beauty Inc. 0.03% 3,869 $2.0M No change
FITB Fifth Third Bancorp 0.03% 53,121 $2.0M New
IQV Iqvia Holdings Inc. 0.03% 7,747 $2.0M Add +21.1%
FDX FedEx Corp. 0.03% 6,734 $2.0M Reduce -7.6%
INGR Ingredion Inc. 0.03% 16,672 $1.9M No change
DASH DoorDash Inc. Class A 0.03% 13,804 $1.9M New
PKG Packaging Corp. of America 0.03% 9,792 $1.9M No change
HUBS HubSpot Inc. 0.03% 2,955 $1.9M No change
BR Broadridge Financial Solutio 0.03% 9,021 $1.8M No change
KMB Kimberly-Clark Corp. 0.03% 14,045 $1.8M Reduce -77.4%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.03% 22,369 $1.8M Add +40.7%
BF.B Brown-Forman Corp. Class B 0.03% 34,561 $1.8M Reduce -48.5%
BRO Brown & Brown Inc. 0.03% 19,868 $1.7M Reduce -3.5%
EBAY eBay Inc. 0.02% 32,511 $1.7M New
PAYX Paychex Inc. 0.02% 13,760 $1.7M Add +5.9%
IDXX Idexx Laboratories Inc. 0.02% 3,037 $1.6M Add +17.2%
STT State Street Corp. 0.02% 21,082 $1.6M Add +876.0%
EQH Equitable Holdings Inc. 0.02% 41,730 $1.6M New
AGR Avangrid Inc. 0.02% 43,453 $1.6M Add +0.5%
FIS Fidelity National Info Serv 0.02% 21,302 $1.6M New
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.02% 17,955 $1.6M Add +53.0%
LYB Lyondellbasell Indu Class A 0.02% 14,980 $1.5M Add +9.6%
ED Consolidated Edison Inc. 0.02% 16,280 $1.5M Reduce -70.2%
ABBV Abbvie Inc. 0.02% 8,034 $1.5M Reduce -32.0%
MRK Merck & Co. Inc. 0.02% 11,072 $1.5M Reduce -79.2%
WU Western Union Co. 0.02% 100,675 $1.4M No change
LSXMK Liberty Media Corp.-Liber-New 0.02% 45,575 $1.4M Add +4.2%
KEYS Keysight Technologies Inc. 0.02% 8,615 $1.3M No change
CFG Citizens Financial Group 0.02% 36,686 $1.3M New
HPE Hewlett Packard Enterprise 0.02% 75,050 $1.3M No change
KKR KKR & Co. Inc. 0.02% 12,892 $1.3M New
DD Dupont DE Nemours Inc. 0.02% 16,488 $1.3M Add +5.3%
PYPL PayPal Holdings Inc. 0.02% 18,511 $1.2M New
FOXA Fox Corp. Class A 0.02% 38,460 $1.2M Add +4.7%
AMGN Amgen Inc. 0.02% 4,102 $1.2M Reduce -56.4%
ICE Intercontinental Exchange Inc. 0.02% 8,388 $1.2M Add +87.3%
BEN Franklin Templeton Inc. 0.02% 40,117 $1.1M Add +158.3%
EIX Edison International 0.02% 15,821 $1.1M Add +2.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 8,466 $1.0M New
DVA Davita Inc. 0.01% 7,187 $992K No change
GPC Genuine Parts Co. 0.01% 6,280 $973K Reduce -10.1%
MS Morgan Stanley 0.01% 9,833 $926K New
XYL Xylem Inc. 0.01% 6,844 $885K Reduce -9.3%
PTC PTC Inc. 0.01% 4,540 $858K No change
AVB Avalonbay Communities Inc. 0.01% 4,555 $845K Add +18.0%
APO Apollo Global Management Inc. 0.01% 7,469 $840K New
ZS Zscaler Inc. 0.01% 4,108 $791K New
ABNB Airbnb Inc. Class A 0.01% 4,720 $779K New
QRVO Qorvo Inc. 0.01% 6,628 $761K Add +8.5%
BX Blackstone Inc. 0.01% 5,710 $750K New
NET Cloudflare Inc. Class A 0.01% 7,737 $749K New
SIRI Sirius XM Holdings Inc. 0.01% 189,035 $733K No change
DAL Delta Air Lines Inc. 0.01% 15,121 $724K New
ETN Eaton Corp. PLC 0.01% 2,305 $721K Reduce -32.1%
HLT Hilton Worldwide Holdings Inc. 0.01% 3,286 $701K New
U Unity Software Inc. 0.01% 25,959 $693K New
UBER Uber Technologies Inc. 0.01% 8,912 $686K New
NDAQ Nasdaq Inc. 0.01% 10,708 $676K Add +17.4%
CHTR Charter Communications Inc. Class A 0.01% 2,311 $672K No change
TAP Molson Coors Beverage Co. Class B 0.01% 9,340 $628K Reduce -39.9%
TFC Truist Financial Corp. 0.01% 15,679 $611K New
UHS Universal Health Services-B 0.01% 3,327 $607K No change
PEG Public Service Enterprise GP 0.01% 8,934 $597K Reduce -62.7%
PNC PNC Financial Services Group 0.01% 3,159 $510K New
GPN Global Payments Inc. 0.01% 3,660 $489K New
RSG Republic Services Inc. 0.01% 2,427 $465K Reduce -36.6%
UI Ubiquiti Inc. 0.01% 4,003 $464K No change
DHR Danaher Corp. 0.01% 1,838 $459K New
EMR Emerson Electric Co. 0.01% 3,899 $442K Reduce -54.6%
ROST Ross Stores Inc. 0.01% 3,015 $442K New
TXN Texas Instruments Inc. 0.01% 2,509 $437K New
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.01% 6,879 $434K Add +148.3%
ON On Semiconductor 0.01% 5,693 $419K New
EMN Eastman Chemical Co. 0.01% 4,129 $414K Add +19.7%
WLK Westlake Corp. 0.01% 2,668 $408K No change
BAP Credicorp Ltd. 0.01% 2,221 $376K Reduce -58.6%
TEAM Atlassian Corp. Class A 0.01% 1,866 $364K New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 1,420 $355K Reduce -47.4%
UAL United Airlines Holdings Inc. 0.00% 6,831 $327K New
USB US Bancorp 0.00% 6,741 $301K New
IP International Paper Co. 0.00% 7,011 $274K New
MTCH Match Group Inc. 0.00% 7,556 $274K New
MET Metlife Inc. 0.00% 3,667 $272K New
VTR Ventas Inc. 0.00% 6,098 $266K New
SWKS Skyworks Solutions Inc. 0.00% 2,369 $257K New
TWLO Twilio Inc. Class A 0.00% 3,924 $240K New
AMT American Tower Corp. 0.00% 1,115 $220K New
FG F&G Annuities & Life Inc. 0.00% 5,320 $216K No change
EW Edwards Lifesciences Corp. 0.00% 2,172 $208K New
VMC Vulcan Materials Co. 0.00% 732 $200K No change
MCO Moody's Corp. 0.00% 500 $197K No change
TDY Teledyne Technologies Inc. 0.00% 449 $193K No change
ETSY Etsy Inc. 0.00% 2,627 $181K New
KEY Keycorp 0.00% 11,308 $179K New
RF Regions Financial Corp. 0.00% 8,513 $179K New
SWK Stanley Black & Decker Inc. 0.00% 1,818 $178K New
ETR Entergy Corp. 0.00% 1,660 $175K New
BBY Best Buy Co. Inc. 0.00% 2,117 $174K New
CE Celanese Corp. 0.00% 1,006 $173K New
RJF Raymond James Financial Inc. 0.00% 1,350 $173K New
CG The Carlyle Group Inc. 0.00% 3,628 $170K New
DOW Dow Inc. 0.00% 2,878 $167K New
ADI Analog Devices Inc. 0.00% 837 $166K New
UNP Union Pacific Corp. 0.00% 668 $164K New
CCI Crown Castle Inc. 0.00% 1,501 $159K New
KLG WK Kellogg Co. 0.00% 7,285 $137K No change

Portfolio Sells Q4 2023 → Q1 2024
DLR Digital Realty Trust Inc. Reduce -74.9% 0.67% −1.95
SUI Sun Communities Inc. Reduce -48.6% 0.89% −1.01
CPT Camden Property Trust Reduce -28.6% 1.21% −0.58
PLD Prologis Inc. Reduce -2.0% 5.86% −0.57
KRC Kilroy Realty Corp. Reduce -15.1% 0.86% −0.30
PEP Pepsico Inc. Reduce -87.5% 0.04% −0.28
KO The Coca-Cola Co. Reduce -59.1% 0.15% −0.23
PG The Procter & Gamble Co. Reduce -48.3% 0.24% −0.20
MPC Marathon Petroleum Corp. Sold out 0.00% −0.20
PSA Public Storage Reduce -14.5% 0.65% −0.19
CSCO Cisco Systems Inc. Reduce -84.4% 0.03% −0.18
UNH Unitedhealth Group Inc. Reduce -77.7% 0.04% −0.17
CF CF Industries Holdings Inc. Sold out 0.00% −0.15
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.15
XOM Exxon Mobil Corp. Sold out 0.00% −0.15
CHKP Check Point Software Tech Sold out 0.00% −0.14
SBS Cia Saneamento Basico DE-ADR Sold out 0.00% −0.14
CCEP Coca-Cola Europacific Partne Reduce -68.5% 0.06% −0.14
SFM Sprouts Farmers Market Inc. Reduce -58.1% 0.16% −0.14
AWK American Water Works Co. Inc. Reduce -32.4% 0.20% −0.13
VLO Valero Energy Corp. Sold out 0.00% −0.13
LNG Cheniere Energy Inc. Sold out 0.00% −0.12
WELL Welltower Inc. Reduce -2.0% 3.28% −0.11
PSX Phillips 66 Sold out 0.00% −0.10
PK Park Hotels & Resorts Inc. Sold out 0.00% −0.10
ADM Archer-Daniels-Midland Co. Reduce -1.7% 0.40% −0.09
KMB Kimberly-Clark Corp. Reduce -77.4% 0.03% −0.09
CL Colgate-Palmolive Co. Reduce -56.3% 0.08% −0.09
WMS Advanced Drainage Systems Inc. Reduce -38.0% 0.22% −0.08
AYI Acuity Inc. Sold out 0.00% −0.08
HSY The Hershey Co. Sold out 0.00% −0.07
MRK Merck & Co. Inc. Reduce -79.2% 0.02% −0.07
MCD McDonald's Corp. Reduce -11.2% 0.26% −0.06
EOG EOG Resources Inc. Sold out 0.00% −0.06
MNST Monster Beverage Corp. Sold out 0.00% −0.06
ED Consolidated Edison Inc. Reduce -70.2% 0.02% −0.05
GILD Gilead Sciences Inc. Reduce -36.8% 0.06% −0.05
CHD Church & Dwight Co. Inc. Sold out 0.00% −0.05
LW Lamb Weston Holdings Inc. Reduce -47.2% 0.04% −0.04
MCK McKesson Corp. Reduce -20.8% 0.31% −0.04
HUM Humana Inc. Sold out 0.00% −0.04
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.04
PFE Pfizer Inc. Sold out 0.00% −0.04
CVX Chevron Corp. Sold out 0.00% −0.04
LIN Linde PLC Reduce -10.3% 1.11% −0.04
CBSH Commerce Bancshares Inc. Reduce -37.0% 0.05% −0.03
BKR Baker Hughes Co. Sold out 0.00% −0.03
BF.B Brown-Forman Corp. Class B Reduce -48.5% 0.03% −0.03
SPLK Splunk Inc. Sold out 0.00% −0.03
ORCL Oracle Corp. Sold out 0.00% −0.03

Portfolio Buys Q4 2023 → Q1 2024
EQIX Equinix Inc. Add +55.8% 4.96% +1.70
NVDA Nvidia Corp. Add +35.7% 2.61% +1.50
MSFT Microsoft Corp. Add +32.4% 2.87% +0.84
ALB Albemarle Corp. Add +261.6% 0.79% +0.54
AMH American Homes 4 Rent- A New 0.47% +0.47
META Meta Platforms Inc. Class A Add +17.1% 1.19% +0.41
HDB HDFC Bank Ltd.-ADR New 0.40% +0.40
UDR Udr Inc. Add +38.2% 1.74% +0.39
AMZN Amazon.com Inc. Add +23.7% 0.88% +0.25
JPM JPMorgan Chase & Co. Add +14.1% 0.81% +0.18
NFLX Netflix Inc. Add +55.4% 0.36% +0.17
QCOM Qualcomm Inc. Add +2512.8% 0.14% +0.13
SPG Simon Property Group Inc. Add +0.4% 2.76% +0.13
AMAT Applied Materials Inc. Add +18.2% 0.42% +0.13
BAC Bank of America Corp. Add +668.7% 0.13% +0.11
INVH Invitation Homes Inc. Add +4.9% 2.56% +0.11
C Citigroup Inc. Add +51.2% 0.24% +0.11
BLDR Builders Firstsource Inc. Add +174.7% 0.15% +0.10
GOOGL Alphabet Inc. Class A Add +5.9% 1.20% +0.10
MA Mastercard Inc. Class A Add +6.3% 0.78% +0.10
CRM Salesforce Inc. Add +71.3% 0.18% +0.09
O Realty Income Corp. Add +17.7% 1.58% +0.08
COF Capital One Financial Corp. Add +2868.8% 0.09% +0.08
HD Home Depot Inc. Add +264.1% 0.11% +0.08
IBM Intl Business Machines Corp. Add +115.6% 0.14% +0.08
TMO Thermo Fisher Scientific Inc. Add +0.8% 1.67% +0.08
AXP American Express Co. Add +57.1% 0.18% +0.08
LRCX Lam Research Corp. Add +22.5% 0.26% +0.08
GE General Electric Add +0.5% 0.32% +0.08
V Visa Inc. Class A Add +7.4% 0.83% +0.07
MAS Masco Corp. Add +56.0% 0.17% +0.07
ACN Accenture PLC Class A Add +428.3% 0.08% +0.06
CAT Caterpillar Inc. Add +5.5% 0.31% +0.06
GS Goldman Sachs Group Inc. Add +341.8% 0.07% +0.05
PRU Prudential Financial Inc. Add +1513.8% 0.06% +0.05
EXPE Expedia Group Inc. Add +79.8% 0.15% +0.05
SYF Synchrony Financial Add +91.4% 0.10% +0.05
NLY Annaly Capital Management Inc. New 0.05% +0.05
BNY Bank of New York Mellon Corp. Add +39.4% 0.15% +0.05
ALLY Ally Financial Inc. New 0.05% +0.05
FISV Fiserv Inc. Add +25.9% 0.14% +0.04
PLTR Palantir Technologies Inc. Class A New 0.04% +0.04
FBIN Fortune Brands Innovations I Add +412.6% 0.05% +0.04
CSX CSX Corp. Add +141.7% 0.07% +0.04
TROW T Rowe Price Group Inc. Add +1080.1% 0.05% +0.04
MCHP Microchip Technology Inc. Add +130.9% 0.07% +0.04
TT Trane Technologies PLC Add +4.1% 0.22% +0.04
NEE Nextera Energy Inc. Add +7.0% 0.57% +0.04
VST Vistra Corp. Add +559.2% 0.04% +0.04
NOW ServiceNow Inc. Add +483.3% 0.05% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 59$4.1BNVDA, GOOGL, TMO, LLY, LIN
Q1 2026 67$5.7BWELL, PLD, EQIX, ALB, EXR
Q4 2025 66$6.3BWELL, PLD, EQIX, TMO, MSFT
Q3 2025 66$6.2BWELL, EQIX, PLD, EXR, MSFT
Q2 2025 68$5.8BWELL, EQIX, EXR, PLD, MSFT
Q1 2025 347$7.4BWELL, EQIX, AAPL, PLD, NVDA
Q4 2024 345$7.5BEQIX, WELL, AAPL, NVDA, SPG
Q3 2024 348$7.8BEQIX, WELL, PLD, AAPL, EXR
Q2 2024 344$7.0BEQIX, NVDA, WELL, PLD, MSFT
Q1 2024 365$6.9BPLD, EQIX, WELL, EXR, MSFT