Robeco Institutional Asset Management B.V.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Robeco Institutional Asset Management B.V. reported 860 stock positions worth $61.8 billion. Its top holding was Nvidia (NVDA) at 6.1% of the portfolio, followed by Microsoft (MSFT, 5.7%) and Apple (AAPL, 4.4%). Compared with Q1 2025, it opened 38 new positions, sold out of 78, added to 345 and reduced 426. The biggest buy was Nvidia (NVDA, shares +10%) and the biggest sale Amazon.com (AMZN, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- ROTTERDAM, P7
- CIK
- 0001418773
- Portfolio Value
- $61.8B (Q2 2025)
- SEC Filing
- 0001085146-25-003972 ↗ filed Jul 18, 2025
Holdings Value
Holdings 860 stocks · $61.8B
| NVDA Nvidia Corp. | 6.12% | 23,975,126 | $3.8B | Add +10.2% |
| MSFT Microsoft Corp. | 5.73% | 7,129,402 | $3.5B | Add +22.8% |
| AAPL Apple Inc. | 4.36% | 13,138,933 | $2.7B | Add +6.0% |
| AMZN Amazon.com Inc. | 2.68% | 7,564,927 | $1.7B | Reduce -21.6% |
| META Meta Platforms Inc. Class A | 2.61% | 2,185,545 | $1.6B | Reduce -4.0% |
| GOOGL Alphabet Inc. Class A | 2.44% | 8,573,799 | $1.5B | Add +4.5% |
| V Visa Inc. Class A | 1.80% | 3,139,138 | $1.1B | Add +22.7% |
| NFLX Netflix Inc. | 1.75% | 806,606 | $1.1B | Add +25.2% |
| JPM JPMorgan Chase & Co. | 1.73% | 3,690,397 | $1.1B | Add +6.4% |
| AVGO Broadcom Inc. | 1.53% | 3,436,613 | $947.3M | Add +4.9% |
| ABBV Abbvie Inc. | 0.95% | 3,162,653 | $587.1M | Reduce -18.4% |
| IBN Icici Bank Ltd.-Spon ADR | 0.94% | 17,370,769 | $584.4M | Add +11.4% |
| TT Trane Technologies PLC | 0.91% | 1,281,056 | $560.3M | Add +1.7% |
| LLY Eli Lilly & Co. | 0.85% | 676,045 | $527.0M | Reduce -3.7% |
| CRM Salesforce Inc. | 0.80% | 1,822,384 | $496.9M | Add +23.4% |
| MA Mastercard Inc. Class A | 0.79% | 864,646 | $485.9M | Add +14.4% |
| BKNG Booking Holdings Inc. | 0.78% | 83,817 | $485.2M | Reduce -8.8% |
| GOOG Alphabet Inc. Class C | 0.74% | 2,583,976 | $458.4M | Add +26.4% |
| INFY Infosys Ltd.-SP ADR | 0.72% | 24,134,002 | $447.2M | Reduce -12.4% |
| COST Costco Wholesale Corp. | 0.70% | 436,708 | $432.3M | Reduce -3.7% |
| PYPL PayPal Holdings Inc. | 0.69% | 5,726,695 | $425.6M | Add +15.2% |
| GILD Gilead Sciences Inc. | 0.67% | 3,742,656 | $414.9M | Add +12.6% |
| MRSH Marsh & McLennan Cos | 0.67% | 1,889,293 | $413.1M | Reduce -4.5% |
| MELI MercadoLibre Inc. | 0.65% | 153,118 | $400.2M | Add +52.6% |
| T AT&T Inc. | 0.63% | 13,528,471 | $391.5M | Add +22.1% |
| TSLA Tesla Inc. | 0.63% | 1,228,265 | $390.2M | Add +10.8% |
| CSCO Cisco Systems Inc. | 0.62% | 5,554,285 | $385.4M | Add +8.3% |
| SPOT Spotify Technology SA | 0.61% | 495,185 | $380.0M | Add +16.6% |
| PG The Procter & Gamble Co. | 0.60% | 2,312,668 | $368.5M | Add +19.6% |
| CHKP Check Point Software Tech | 0.58% | 1,633,934 | $361.5M | Reduce -3.2% |
| HDB HDFC Bank Ltd.-ADR | 0.57% | 4,637,982 | $355.6M | Add +8.1% |
| LNG Cheniere Energy Inc. | 0.56% | 1,417,658 | $345.2M | Reduce -11.7% |
| BSX Boston Scientific Corp. | 0.55% | 3,145,777 | $337.9M | Add +31.6% |
| CBRE CBRE Group Inc. Class A | 0.54% | 2,399,174 | $336.2M | Reduce -13.6% |
| ANET Arista Networks Inc. | 0.51% | 3,068,064 | $313.9M | Add +123.0% |
| BMY Bristol-Myers Squibb Co. | 0.48% | 6,401,401 | $296.3M | Add +45.9% |
| WMT Walmart Inc. | 0.48% | 3,010,142 | $294.3M | Reduce -26.6% |
| HD Home Depot Inc. | 0.47% | 793,996 | $291.1M | Reduce -7.7% |
| ICE Intercontinental Exchange Inc. | 0.46% | 1,563,534 | $286.9M | Add +55.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 6,004,993 | $284.2M | Reduce -6.3% |
| SPGI S&P Global Inc. | 0.46% | 533,920 | $281.5M | Reduce -21.9% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.45% | 41,284,343 | $280.3M | Reduce -1.6% |
| AZO AutoZone Inc. | 0.45% | 74,713 | $277.4M | Reduce -26.4% |
| JNJ Johnson & Johnson | 0.45% | 1,805,207 | $275.7M | Add +1.4% |
| FTNT Fortinet Inc. | 0.44% | 2,561,339 | $270.8M | Reduce -4.4% |
| C Citigroup Inc. | 0.42% | 3,085,496 | $262.6M | Add +63.3% |
| PBR.A Petroleo Brasil-SP Pref ADR | 0.42% | 22,363,929 | $258.1M | Reduce -2.6% |
| UBER Uber Technologies Inc. | 0.41% | 2,750,496 | $256.6M | Add +16.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.41% | 1,130,637 | $256.1M | Reduce -3.1% |
| LIN Linde PLC | 0.41% | 543,812 | $255.1M | Reduce -4.3% |
| MRK Merck & Co. Inc. | 0.40% | 3,163,417 | $250.4M | Add +21.4% |
| VRSN Verisign Inc. | 0.40% | 860,068 | $248.4M | Add +161.4% |
| VZ Verizon Communications Inc. | 0.40% | 5,724,313 | $247.7M | Add +44.5% |
| DASH DoorDash Inc. Class A | 0.40% | 1,003,268 | $247.3M | Add +74.2% |
| PFE Pfizer Inc. | 0.40% | 10,151,483 | $246.1M | Add +36.6% |
| MSI Motorola Solutions Inc. | 0.38% | 552,839 | $232.4M | Reduce -19.5% |
| FFIV F5 Inc. | 0.38% | 789,283 | $232.3M | Add +40.8% |
| AMAT Applied Materials Inc. | 0.36% | 1,202,539 | $220.1M | Add +83.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 744,436 | $219.4M | Add +2.6% |
| VEEV Veeva Systems Inc. Class A | 0.35% | 749,418 | $215.8M | Add +75.3% |
| STLD Steel Dynamics Inc. | 0.35% | 1,675,973 | $214.5M | Add +40.6% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 525,876 | $213.2M | Reduce -24.0% |
| ACN Accenture PLC Class A | 0.34% | 712,056 | $212.8M | Add +8.4% |
| SYF Synchrony Financial | 0.34% | 3,159,748 | $210.9M | Add +42.8% |
| FOXA Fox Corp. Class A | 0.34% | 3,698,858 | $207.3M | Add +96.1% |
| QCOM Qualcomm Inc. | 0.33% | 1,278,530 | $203.6M | Reduce -2.5% |
| CL Colgate-Palmolive Co. | 0.32% | 2,210,555 | $200.9M | Reduce -20.3% |
| ADP Automatic Data Processing | 0.32% | 649,511 | $200.3M | Add +90.8% |
| RSG Republic Services Inc. | 0.32% | 806,409 | $198.9M | Add +118.4% |
| CME Cme Group Inc. | 0.32% | 721,154 | $198.8M | Add +137.4% |
| EBAY eBay Inc. | 0.32% | 2,659,952 | $198.1M | Add +46.1% |
| TRV The Travelers Cos Inc. | 0.32% | 738,901 | $197.7M | Add +86.5% |
| INTU Intuit Inc. | 0.31% | 246,238 | $193.9M | Add +39.1% |
| KLAC KLA Corp. | 0.31% | 215,457 | $193.0M | Add +128.4% |
| HIG Hartford Insurance Group Inc. | 0.31% | 1,493,077 | $189.4M | Add +38.4% |
| ADBE Adobe Inc. | 0.30% | 483,957 | $187.2M | Reduce -1.8% |
| ADI Analog Devices Inc. | 0.30% | 776,759 | $184.9M | Reduce -2.5% |
| UNP Union Pacific Corp. | 0.30% | 799,067 | $183.8M | Reduce -29.9% |
| CVS CVS Health Corp. | 0.30% | 2,663,111 | $183.7M | Add +815.2% |
| RDY Dr. Reddy's Laboratories-ADR | 0.30% | 12,163,428 | $182.8M | Add +13.6% |
| LRCX Lam Research Corp. | 0.29% | 1,854,296 | $180.5M | Add +94.8% |
| WAT Waters Corp. | 0.29% | 515,495 | $179.9M | Add +16.3% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.29% | 11,881,391 | $178.8M | Reduce -5.4% |
| AMP Ameriprise Financial Inc. | 0.29% | 333,016 | $177.7M | Reduce -24.1% |
| EA Electronic Arts Inc. | 0.29% | 1,112,843 | $177.7M | Reduce -6.3% |
| TWLO Twilio Inc. Class A | 0.29% | 1,418,754 | $176.4M | Add +58.2% |
| PANW Palo Alto Networks Inc. | 0.28% | 854,053 | $174.8M | Add +95.3% |
| AFL Aflac Inc. | 0.28% | 1,654,802 | $174.5M | Add +26.2% |
| VIV Telefonica Brasil-ADR | 0.28% | 15,264,157 | $174.0M | Reduce -2.2% |
| GE General Electric filed as GE AEROSPACE | 0.28% | 670,199 | $172.5M | Reduce -18.0% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.28% | 12,545,110 | $172.1M | Reduce -29.8% |
| CTAS Cintas Corp. | 0.28% | 767,857 | $171.1M | Add +163.4% |
| NOW ServiceNow Inc. | 0.27% | 165,041 | $169.7M | Reduce -9.5% |
| ZM Zoom Communications Inc. | 0.27% | 2,137,093 | $166.7M | Add +63.5% |
| SE Sea Ltd.-ADR | 0.26% | 1,020,768 | $163.3M | Add +26.7% |
| WAB Wabtec Corp. | 0.26% | 778,156 | $162.9M | Add +56.3% |
| INCY Incyte Corp. | 0.26% | 2,386,311 | $162.5M | Add +71.5% |
| COF Capital One Financial Corp. | 0.26% | 753,141 | $160.2M | Reduce -2.2% |
| GEV GE Vernova Inc. | 0.26% | 301,706 | $159.6M | Add +246.3% |
| KR Kroger Co. | 0.25% | 2,185,530 | $156.8M | Add +80.7% |
Portfolio Sells Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Reduce -21.6% | 2.68% | −0.89 |
| ABBV Abbvie Inc. | Reduce -18.4% | 0.95% | −0.63 |
| UNH Unitedhealth Group Inc. | Reduce -71.6% | 0.10% | −0.62 |
| PDD PDD Holdings Inc. | Reduce -48.0% | 0.21% | −0.34 |
| TMO Thermo Fisher Scientific Inc. | Reduce -24.0% | 0.34% | −0.32 |
| AZO AutoZone Inc. | Reduce -26.4% | 0.45% | −0.30 |
| FISV Fiserv Inc. | Reduce -43.8% | 0.16% | −0.28 |
| LLY Eli Lilly & Co. | Reduce -3.7% | 0.85% | −0.27 |
| MRSH Marsh & McLennan Cos | Reduce -4.5% | 0.67% | −0.27 |
| INFY Infosys Ltd.-SP ADR | Reduce -12.4% | 0.72% | −0.25 |
| BLDR Builders Firstsource Inc. | Reduce -90.3% | 0.02% | −0.25 |
| UNP Union Pacific Corp. | Reduce -29.9% | 0.30% | −0.23 |
| WMT Walmart Inc. | Reduce -26.6% | 0.48% | −0.22 |
| SPGI S&P Global Inc. | Reduce -21.9% | 0.46% | −0.22 |
| ISRG Intuitive Surgical Inc. | Reduce -58.5% | 0.13% | −0.21 |
| MSI Motorola Solutions Inc. | Reduce -19.5% | 0.38% | −0.21 |
| AXP American Express Co. | Reduce -74.9% | 0.06% | −0.18 |
| CL Colgate-Palmolive Co. | Reduce -20.3% | 0.32% | −0.18 |
| PBR.A Petroleo Brasil-SP Pref ADR | Reduce -2.6% | 0.42% | −0.16 |
| LNG Cheniere Energy Inc. | Reduce -11.7% | 0.56% | −0.16 |
| CHKP Check Point Software Tech | Reduce -3.2% | 0.58% | −0.16 |
| CBRE CBRE Group Inc. Class A | Reduce -13.6% | 0.54% | −0.16 |
| MCO Moody's Corp. | Reduce -49.8% | 0.13% | −0.16 |
| HD Home Depot Inc. | Reduce -7.7% | 0.47% | −0.14 |
| BKR Baker Hughes Co. | Reduce -80.8% | 0.02% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -3.7% | 0.70% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.4% | 0.25% | −0.13 |
| AMP Ameriprise Financial Inc. | Reduce -24.1% | 0.29% | −0.13 |
| KMB Kimberly-Clark Corp. | Reduce -52.0% | 0.07% | −0.12 |
| TRGP Targa Resources Corp. | Reduce -94.9% | 0.00% | −0.12 |
| MDT Medtronic PLC | Reduce -81.7% | 0.02% | −0.11 |
| MAR Marriott International Class A | Reduce -97.2% | 0.00% | −0.11 |
| AVB Avalonbay Communities Inc. | Reduce -69.4% | 0.03% | −0.11 |
| LIN Linde PLC | Reduce -4.3% | 0.41% | −0.10 |
| REGN Regeneron Pharmaceuticals | Reduce -57.6% | 0.04% | −0.10 |
| LOW Lowe's Cos Inc. | Reduce -11.9% | 0.22% | −0.10 |
| VIPS Vipshop Holdings Ltd. - ADR | Reduce -5.4% | 0.29% | −0.09 |
| CMI Cummins Inc. | Reduce -24.6% | 0.17% | −0.09 |
| BIDU Baidu Inc. - Spon ADR | Reduce -5.8% | 0.24% | −0.09 |
| CB Chubb Ltd. | Reduce -16.6% | 0.18% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -4.3% | 0.23% | −0.09 |
| KO The Coca-Cola Co. | Reduce -27.6% | 0.12% | −0.08 |
| GDDY GoDaddy Inc. Class A | Reduce -69.9% | 0.03% | −0.08 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -30.5% | 0.09% | −0.08 |
| AMGN Amgen Inc. | Reduce -4.0% | 0.20% | −0.08 |
| TJX TJX Companies Inc. | Reduce -16.2% | 0.19% | −0.08 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -29.8% | 0.28% | −0.08 |
| BNY Bank of New York Mellon Corp. | Reduce -16.7% | 0.23% | −0.08 |
| PLD Prologis Inc. | Reduce -36.0% | 0.07% | −0.07 |
| IFF Intl Flavors & Fragrances | Reduce -59.5% | 0.03% | −0.07 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +10.2% | 6.12% | +1.54 |
| MSFT Microsoft Corp. | Add +22.8% | 5.73% | +1.50 |
| NFLX Netflix Inc. | Add +25.2% | 1.75% | +0.58 |
| AVGO Broadcom Inc. | Add +4.9% | 1.53% | +0.47 |
| ANET Arista Networks Inc. | Add +123.0% | 0.51% | +0.30 |
| MELI MercadoLibre Inc. | Add +52.6% | 0.65% | +0.27 |
| CVS CVS Health Corp. | Add +815.2% | 0.30% | +0.26 |
| VRSN Verisign Inc. | Add +161.4% | 0.40% | +0.24 |
| JBL Jabil Inc. | Add +4593.2% | 0.22% | +0.22 |
| GEV GE Vernova Inc. | Add +246.3% | 0.26% | +0.21 |
| DASH DoorDash Inc. Class A | Add +74.2% | 0.40% | +0.20 |
| ROK Rockwell Automation Inc. | Add +720.8% | 0.21% | +0.19 |
| KLAC KLA Corp. | Add +128.4% | 0.31% | +0.19 |
| DE Deere & Co. | Add +874.8% | 0.20% | +0.18 |
| AMAT Applied Materials Inc. | Add +83.2% | 0.36% | +0.17 |
| CME Cme Group Inc. | Add +137.4% | 0.32% | +0.16 |
| C Citigroup Inc. | Add +63.3% | 0.42% | +0.16 |
| EQH Equitable Holdings Inc. | Add +553.0% | 0.20% | +0.16 |
| SPOT Spotify Technology SA | Add +16.6% | 0.61% | +0.16 |
| TGT Target Corp. | Add +415.2% | 0.21% | +0.16 |
| CTAS Cintas Corp. | Add +163.4% | 0.28% | +0.16 |
| LRCX Lam Research Corp. | Add +94.8% | 0.29% | +0.16 |
| VEEV Veeva Systems Inc. Class A | Add +75.3% | 0.35% | +0.16 |
| CDNS Cadence Design SYS Inc. | Add +686.3% | 0.17% | +0.15 |
| EL Estee Lauder Companies Class A | Add +1600.3% | 0.16% | +0.15 |
| RSG Republic Services Inc. | Add +118.4% | 0.32% | +0.15 |
| EMR Emerson Electric Co. | Add +264.8% | 0.20% | +0.14 |
| NEM Newmont Corp. | Add +2003.7% | 0.15% | +0.14 |
| ZS Zscaler Inc. | Add +421.9% | 0.16% | +0.14 |
| PANW Palo Alto Networks Inc. | Add +95.3% | 0.28% | +0.14 |
| BALL Ball Corp. | Add +548.7% | 0.16% | +0.14 |
| WSM Williams-Sonoma Inc. | Add +740.4% | 0.16% | +0.13 |
| ARM Arm Holdings PLC-ADR | Add +3853.4% | 0.14% | +0.13 |
| JCI Johnson Controls Internation | Add +112.6% | 0.23% | +0.13 |
| FOXA Fox Corp. Class A | Add +96.1% | 0.34% | +0.13 |
| ICE Intercontinental Exchange Inc. | Add +55.6% | 0.46% | +0.13 |
| AIG American International Group | Add +3745.6% | 0.13% | +0.12 |
| AKAM Akamai Technologies Inc. | Add +1663.2% | 0.13% | +0.12 |
| ADP Automatic Data Processing | Add +90.8% | 0.32% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +26.4% | 0.74% | +0.12 |
| TRV The Travelers Cos Inc. | Add +86.5% | 0.32% | +0.12 |
| TWLO Twilio Inc. Class A | Add +58.2% | 0.29% | +0.11 |
| HUBB Hubbell Inc. | Add +848.6% | 0.13% | +0.11 |
| SYF Synchrony Financial | Add +42.8% | 0.34% | +0.11 |
| SNPS Synopsys Inc. | Add +302.3% | 0.15% | +0.11 |
| ALLE Allegion PLC | Add +390.9% | 0.14% | +0.11 |
| AWK American Water Works Co. Inc. | Add +928.1% | 0.12% | +0.10 |
| MSCI MSCI Inc. | Add +214.3% | 0.17% | +0.10 |
| INTU Intuit Inc. | Add +39.1% | 0.31% | +0.10 |
| VRT Vertiv Holdings Co. Class A | Add +79.2% | 0.16% | +0.10 |
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 |