Robeco Institutional Asset Management B.V.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Robeco Institutional Asset Management B.V. reported 899 stock positions worth $51.5 billion. Its top holding was Apple (AAPL) at 5.3% of the portfolio, followed by Nvidia (NVDA, 4.6%) and Microsoft (MSFT, 4.2%). Compared with Q4 2024, it opened 43 new positions, sold out of 42, added to 432 and reduced 343. The biggest buy was Visa Class A (V, shares +18%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- ROTTERDAM, P7
- CIK
- 0001418773
- Portfolio Value
- $51.5B (Q1 2025)
- SEC Filing
- 0001085146-25-002276 ↗ filed Apr 23, 2025
Holdings Value
Holdings 899 stocks · $51.5B
| AAPL Apple Inc. | 5.35% | 12,389,285 | $2.8B | Reduce -0.4% |
| NVDA Nvidia Corp. | 4.58% | 21,765,636 | $2.4B | Add +1.8% |
| MSFT Microsoft Corp. | 4.23% | 5,805,818 | $2.2B | Add +0.7% |
| AMZN Amazon.com Inc. | 3.57% | 9,655,818 | $1.8B | Reduce -2.4% |
| META Meta Platforms Inc. Class A | 2.55% | 2,277,695 | $1.3B | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 2.46% | 8,201,180 | $1.3B | Add +1.7% |
| V Visa Inc. Class A | 1.74% | 2,557,513 | $896.3M | Add +18.2% |
| JPM JPMorgan Chase & Co. | 1.65% | 3,469,165 | $851.0M | Reduce -2.1% |
| ABBV Abbvie Inc. | 1.58% | 3,876,732 | $812.3M | Add +5.4% |
| NFLX Netflix Inc. | 1.17% | 644,437 | $601.0M | Add +3.8% |
| LLY Eli Lilly & Co. | 1.13% | 702,197 | $580.0M | Reduce -9.5% |
| AVGO Broadcom Inc. | 1.07% | 3,275,348 | $548.4M | Add +13.9% |
| INFY Infosys Ltd.-SP ADR | 0.98% | 27,541,684 | $502.6M | Add +6.6% |
| IBN Icici Bank Ltd.-Spon ADR | 0.95% | 15,588,862 | $491.4M | Add +4.2% |
| MRSH Marsh & McLennan Cos | 0.94% | 1,978,219 | $482.7M | Add +18.2% |
| COST Costco Wholesale Corp. | 0.83% | 453,339 | $428.8M | Reduce -22.7% |
| TT Trane Technologies PLC | 0.82% | 1,260,122 | $424.6M | Reduce -4.8% |
| BKNG Booking Holdings Inc. | 0.82% | 91,895 | $423.4M | Reduce -2.2% |
| MA Mastercard Inc. Class A | 0.80% | 755,520 | $414.1M | Add +0.8% |
| CRM Salesforce Inc. | 0.77% | 1,476,593 | $396.3M | Add +61.1% |
| AZO AutoZone Inc. | 0.75% | 101,443 | $386.8M | Add +27.1% |
| CHKP Check Point Software Tech | 0.75% | 1,687,393 | $384.6M | Add +2.9% |
| UNH Unitedhealth Group Inc. | 0.72% | 711,450 | $372.6M | Add +0.2% |
| GILD Gilead Sciences Inc. | 0.72% | 3,325,419 | $372.6M | Reduce -2.9% |
| LNG Cheniere Energy Inc. | 0.72% | 1,605,109 | $371.4M | Reduce -3.6% |
| CBRE CBRE Group Inc. Class A | 0.71% | 2,777,492 | $363.2M | Reduce -6.9% |
| WMT Walmart Inc. | 0.70% | 4,103,126 | $360.2M | Add +14.5% |
| SPGI S&P Global Inc. | 0.68% | 683,866 | $347.5M | Reduce -5.1% |
| TMO Thermo Fisher Scientific Inc. | 0.67% | 691,607 | $344.1M | Add +14.3% |
| PG The Procter & Gamble Co. | 0.64% | 1,933,376 | $329.5M | Reduce -17.0% |
| PYPL PayPal Holdings Inc. | 0.63% | 4,970,637 | $324.3M | Add +17.4% |
| GOOG Alphabet Inc. Class C | 0.62% | 2,043,792 | $319.3M | Add +1.5% |
| CSCO Cisco Systems Inc. | 0.62% | 5,131,144 | $316.6M | Add +27.6% |
| HD Home Depot Inc. | 0.61% | 860,424 | $315.3M | Add +21.3% |
| T AT&T Inc. | 0.61% | 11,079,272 | $313.3M | Reduce -5.5% |
| MSI Motorola Solutions Inc. | 0.58% | 686,767 | $300.7M | Reduce -2.9% |
| PBR.A Petroleo Brasil-SP Pref ADR | 0.58% | 22,963,302 | $299.4M | Add +3.6% |
| JNJ Johnson & Johnson | 0.57% | 1,780,024 | $295.2M | Add +9.1% |
| TSLA Tesla Inc. | 0.56% | 1,108,361 | $287.2M | Reduce -19.3% |
| HDB HDFC Bank Ltd.-ADR | 0.55% | 4,289,688 | $285.0M | Add +26.9% |
| PDD PDD Holdings Inc. | 0.54% | 2,369,381 | $280.4M | Add +10.2% |
| UNP Union Pacific Corp. | 0.52% | 1,139,585 | $269.2M | Add +35.7% |
| BMY Bristol-Myers Squibb Co. | 0.52% | 4,387,326 | $267.6M | Add +0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.52% | 6,406,066 | $267.3M | Reduce -33.7% |
| LIN Linde PLC | 0.51% | 568,488 | $264.7M | Add +1.0% |
| CL Colgate-Palmolive Co. | 0.50% | 2,772,851 | $259.8M | Reduce -1.7% |
| FTNT Fortinet Inc. | 0.50% | 2,678,403 | $257.8M | Reduce -14.6% |
| BSX Boston Scientific Corp. | 0.47% | 2,389,578 | $241.1M | Add +24.3% |
| MRK Merck & Co. Inc. | 0.45% | 2,606,526 | $234.0M | Reduce -1.9% |
| SPOT Spotify Technology SA | 0.45% | 424,684 | $233.6M | Add +50.9% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.45% | 41,964,629 | $230.8M | Add +5.8% |
| FISV Fiserv Inc. | 0.45% | 1,043,077 | $230.3M | Reduce -15.9% |
| AMP Ameriprise Financial Inc. | 0.41% | 438,596 | $212.3M | Add +5.1% |
| ACN Accenture PLC Class A | 0.40% | 656,812 | $205.0M | Add +38.7% |
| QCOM Qualcomm Inc. | 0.39% | 1,311,752 | $201.5M | Reduce -0.6% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.38% | 12,564,417 | $197.0M | Add +13.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 367,550 | $195.7M | Add +6.1% |
| MELI MercadoLibre Inc. | 0.38% | 100,323 | $195.7M | Reduce -8.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 1,166,699 | $193.7M | Add +35.9% |
| ADBE Adobe Inc. | 0.37% | 493,014 | $189.1M | Reduce -0.4% |
| PFE Pfizer Inc. | 0.37% | 7,431,299 | $188.3M | Add +16.5% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.36% | 17,865,477 | $182.9M | Reduce -15.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 725,765 | $180.5M | Reduce -6.7% |
| VZ Verizon Communications Inc. | 0.35% | 3,962,074 | $179.7M | Add +2.2% |
| ISRG Intuitive Surgical Inc. | 0.34% | 356,144 | $176.4M | Add +13.7% |
| ICE Intercontinental Exchange Inc. | 0.34% | 1,004,661 | $173.3M | Add +107.6% |
| EA Electronic Arts Inc. | 0.33% | 1,187,230 | $171.6M | Add +8.0% |
| BIDU Baidu Inc. - Spon ADR | 0.33% | 1,864,339 | $171.6M | Reduce -0.9% |
| UBER Uber Technologies Inc. | 0.33% | 2,354,842 | $171.6M | Reduce -13.0% |
| LOW Lowe's Cos Inc. | 0.32% | 701,771 | $163.7M | Add +6.5% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 817,555 | $163.6M | Reduce -18.6% |
| WAT Waters Corp. | 0.32% | 443,321 | $163.4M | Add +5.1% |
| XOM Exxon Mobil Corp. | 0.31% | 1,359,348 | $161.7M | Reduce -6.8% |
| ADI Analog Devices Inc. | 0.31% | 796,824 | $160.7M | Add +229.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.31% | 1,906,388 | $159.9M | Reduce -0.8% |
| JD Jd.com Inc.-ADR | 0.30% | 3,801,669 | $156.3M | Add +14.7% |
| FFIV F5 Inc. | 0.29% | 560,493 | $149.2M | Add +110.4% |
| STLD Steel Dynamics Inc. | 0.29% | 1,191,669 | $149.1M | Add +531.0% |
| MCO Moody's Corp. | 0.29% | 316,349 | $147.3M | Add +4.1% |
| AFL Aflac Inc. | 0.28% | 1,310,921 | $145.8M | Reduce -0.9% |
| NOW ServiceNow Inc. | 0.28% | 182,421 | $145.2M | Reduce -6.9% |
| AMGN Amgen Inc. | 0.28% | 462,905 | $144.2M | Add +10.4% |
| CBOE Cboe Global Markets Inc. | 0.28% | 628,297 | $142.2M | Reduce -6.7% |
| RDY Dr. Reddy's Laboratories-ADR | 0.27% | 10,711,236 | $141.3M | Reduce -6.4% |
| COF Capital One Financial Corp. | 0.27% | 769,848 | $138.0M | Reduce -2.3% |
| BLDR Builders Firstsource Inc. | 0.27% | 1,097,741 | $137.2M | Add +12.5% |
| CMI Cummins Inc. | 0.27% | 436,624 | $136.9M | Add +23.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 1,121,975 | $136.7M | Reduce -17.2% |
| VIV Telefonica Brasil-ADR | 0.26% | 15,613,608 | $136.2M | Add +2.8% |
| CB Chubb Ltd. | 0.26% | 448,241 | $135.4M | Reduce -34.4% |
| C Citigroup Inc. | 0.26% | 1,889,546 | $134.1M | Add +8.9% |
| HIG Hartford Insurance Group Inc. | 0.26% | 1,078,861 | $133.5M | Reduce -12.6% |
| ORLY O'reilly Automotive Inc. | 0.25% | 90,243 | $129.3M | Reduce -6.4% |
| AXP American Express Co. | 0.25% | 470,566 | $126.6M | Reduce -9.7% |
| GS Goldman Sachs Group Inc. | 0.24% | 229,913 | $125.6M | Add +20.5% |
| ECL Ecolab Inc. | 0.24% | 491,498 | $124.6M | Add +1.4% |
| EBAY eBay Inc. | 0.24% | 1,821,027 | $123.3M | Reduce -3.6% |
| PLTR Palantir Technologies Inc. Class A | 0.23% | 1,422,468 | $120.1M | Add +31.9% |
| SYK Stryker Corp. | 0.23% | 321,247 | $119.6M | Add +109.8% |
| MCK McKesson Corp. | 0.23% | 177,669 | $119.6M | Reduce -23.2% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -0.4% | 5.35% | −0.56 |
| AMZN Amazon.com Inc. | Reduce -2.4% | 3.57% | −0.55 |
| TSLA Tesla Inc. | Reduce -19.3% | 0.56% | −0.49 |
| ORCL Oracle Corp. | Reduce -67.2% | 0.15% | −0.37 |
| BAC Bank of America Corp. | Reduce -33.7% | 0.52% | −0.29 |
| CDNS Cadence Design SYS Inc. | Reduce -91.6% | 0.02% | −0.28 |
| DELL Dell Technologies -C | Reduce -95.3% | 0.01% | −0.27 |
| NTAP Netapp Inc. | Reduce -62.8% | 0.09% | −0.21 |
| INTU Intuit Inc. | Reduce -47.6% | 0.21% | −0.19 |
| COST Costco Wholesale Corp. | Reduce -22.7% | 0.83% | −0.19 |
| FSLR First Solar Inc. | Reduce -78.8% | 0.03% | −0.17 |
| PEP Pepsico Inc. | Reduce -71.0% | 0.05% | −0.13 |
| NOW ServiceNow Inc. | Reduce -6.9% | 0.28% | −0.11 |
| ETN Eaton Corp. PLC | Reduce -65.1% | 0.05% | −0.11 |
| TT Trane Technologies PLC | Reduce -4.8% | 0.82% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -17.0% | 0.64% | −0.10 |
| ACGL Arch Capital Group Ltd. | Reduce -55.8% | 0.09% | −0.10 |
| CB Chubb Ltd. | Reduce -34.4% | 0.26% | −0.09 |
| GWW WW Grainger Inc. | Reduce -46.0% | 0.09% | −0.08 |
| FIS Fidelity National Info Serv | Reduce -58.1% | 0.05% | −0.08 |
| PHM Pultegroup Inc. | Reduce -65.2% | 0.04% | −0.08 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -49.1% | 0.14% | −0.08 |
| KR Kroger Co. | Reduce -40.3% | 0.16% | −0.08 |
| BRO Brown & Brown Inc. | Reduce -65.0% | 0.06% | −0.07 |
| APP AppLovin Corp. Class A | Reduce -39.0% | 0.08% | −0.07 |
| NVR NVR Inc. | Reduce -60.6% | 0.04% | −0.07 |
| RDY Dr. Reddy's Laboratories-ADR | Reduce -6.4% | 0.27% | −0.07 |
| DDOG Datadog Inc. Class A | Reduce -37.3% | 0.05% | −0.07 |
| GIS General Mills Inc. | Reduce -80.5% | 0.02% | −0.07 |
| VRT Vertiv Holdings Co. Class A | Reduce -25.2% | 0.06% | −0.06 |
| ABNB Airbnb Inc. Class A | Reduce -21.1% | 0.18% | −0.06 |
| BKNG Booking Holdings Inc. | Reduce -2.2% | 0.82% | −0.06 |
| FTNT Fortinet Inc. | Reduce -14.6% | 0.50% | −0.06 |
| MANH Manhattan Associates Inc. | Reduce -68.3% | 0.02% | −0.06 |
| CSL Carlisle Cos Inc. | Reduce -63.6% | 0.03% | −0.06 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -15.1% | 0.36% | −0.06 |
| ESS Essex Property Trust Inc. | Reduce -62.1% | 0.04% | −0.06 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -84.3% | 0.01% | −0.05 |
| ZTS Zoetis Inc. | Reduce -33.0% | 0.12% | −0.05 |
| ALL Allstate Corp. | Reduce -79.2% | 0.02% | −0.05 |
| DOCU Docusign Inc. | Reduce -36.1% | 0.08% | −0.05 |
| IFF Intl Flavors & Fragrances | Reduce -30.7% | 0.10% | −0.05 |
| ADBE Adobe Inc. | Reduce -0.4% | 0.37% | −0.05 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -15.1% | 0.09% | −0.05 |
| AXP American Express Co. | Reduce -9.7% | 0.25% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -1.9% | 0.45% | −0.05 |
| TJX TJX Companies Inc. | Reduce -17.2% | 0.27% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -13.0% | 0.13% | −0.04 |
| PKG Packaging Corp. of America | Reduce -64.6% | 0.02% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -11.6% | 0.18% | −0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| V Visa Inc. Class A | Add +18.2% | 1.74% | +0.44 |
| ABBV Abbvie Inc. | Add +5.4% | 1.58% | +0.34 |
| AZO AutoZone Inc. | Add +27.1% | 0.75% | +0.27 |
| MRSH Marsh & McLennan Cos | Add +18.2% | 0.94% | +0.26 |
| STLD Steel Dynamics Inc. | Add +531.0% | 0.29% | +0.25 |
| SPOT Spotify Technology SA | Add +50.9% | 0.45% | +0.21 |
| ADI Analog Devices Inc. | Add +229.6% | 0.31% | +0.21 |
| ICE Intercontinental Exchange Inc. | Add +107.6% | 0.34% | +0.20 |
| CRM Salesforce Inc. | Add +61.1% | 0.77% | +0.19 |
| CHKP Check Point Software Tech | Add +2.9% | 0.75% | +0.17 |
| CSCO Cisco Systems Inc. | Add +27.6% | 0.62% | +0.16 |
| FFIV F5 Inc. | Add +110.4% | 0.29% | +0.16 |
| UNP Union Pacific Corp. | Add +35.7% | 0.52% | +0.16 |
| PDD PDD Holdings Inc. | Add +10.2% | 0.54% | +0.15 |
| HDB HDFC Bank Ltd.-ADR | Add +26.9% | 0.55% | +0.14 |
| BSX Boston Scientific Corp. | Add +24.3% | 0.47% | +0.14 |
| TTWO Take-Two Interactive Softwre | Add +1112.5% | 0.15% | +0.14 |
| SYK Stryker Corp. | Add +109.8% | 0.23% | +0.13 |
| JNJ Johnson & Johnson | Add +9.1% | 0.57% | +0.13 |
| NFLX Netflix Inc. | Add +3.8% | 1.17% | +0.12 |
| SE Sea Ltd.-ADR | Add +81.5% | 0.20% | +0.11 |
| VRSN Verisign Inc. | Add +150.0% | 0.16% | +0.11 |
| IBN Icici Bank Ltd.-Spon ADR | Add +4.2% | 0.95% | +0.11 |
| CME Cme Group Inc. | Add +157.8% | 0.16% | +0.10 |
| VIPS Vipshop Holdings Ltd. - ADR | Add +13.1% | 0.38% | +0.10 |
| MAR Marriott International Class A | Add +757.5% | 0.11% | +0.10 |
| FOXA Fox Corp. Class A | Add +54.9% | 0.21% | +0.10 |
| SNOW Snowflake Inc. | Add +973.2% | 0.10% | +0.09 |
| HD Home Depot Inc. | Add +21.3% | 0.61% | +0.09 |
| JD Jd.com Inc.-ADR | Add +14.7% | 0.30% | +0.09 |
| WMT Walmart Inc. | Add +14.5% | 0.70% | +0.09 |
| PBR.A Petroleo Brasil-SP Pref ADR | Add +3.6% | 0.58% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +6.1% | 0.38% | +0.08 |
| ACN Accenture PLC Class A | Add +38.7% | 0.40% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | Add +31.9% | 0.23% | +0.08 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +5.8% | 0.45% | +0.08 |
| AMGN Amgen Inc. | Add +10.4% | 0.28% | +0.07 |
| LULU Lululemon Athletica Inc. | Add +573.3% | 0.09% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +14.3% | 0.67% | +0.07 |
| MS Morgan Stanley | Add +53.0% | 0.22% | +0.07 |
| LIN Linde PLC | Add +1.0% | 0.51% | +0.07 |
| EW Edwards Lifesciences Corp. | Add +172.9% | 0.11% | +0.07 |
| JCI Johnson Controls Internation | Add +175.9% | 0.10% | +0.06 |
| VEEV Veeva Systems Inc. Class A | Add +27.5% | 0.19% | +0.06 |
| MA Mastercard Inc. Class A | Add +0.8% | 0.80% | +0.06 |
| WPC WP Carey Inc. | Add +74.5% | 0.11% | +0.06 |
| VZ Verizon Communications Inc. | Add +2.2% | 0.35% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +35.9% | 0.38% | +0.05 |
| DT Dynatrace Inc. | Add +235.1% | 0.08% | +0.05 |
| KT KT Corp.-SP ADR | Add +18.8% | 0.19% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 837 | $81.4B | NVDA, AAPL, GOOGL, MSFT, AMZN |
| Q1 2026 | 842 | $70.2B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 824 | $70.2B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q3 2025 | 857 | $69.0B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q2 2025 | 860 | $61.8B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 899 | $51.5B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 897 | $52.8B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2024 | 904 | $50.3B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q2 2024 | 915 | $46.5B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 926 | $46.0B | MSFT, NVDA, AAPL, AMZN, GOOGL |