Robeco Institutional Asset Management B.V.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Robeco Institutional Asset Management B.V. reported 857 stock positions worth $69.0 billion. Its top holding was Nvidia (NVDA) at 6.7% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Apple (AAPL, 4.9%). Compared with Q2 2025, it opened 45 new positions, sold out of 48, added to 374 and reduced 361. The biggest buy was Alphabet Class A (GOOGL, shares +3%) and the biggest sale Visa Class A (V, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- ROTTERDAM, P7
- CIK
- 0001418773
- Portfolio Value
- $69.0B (Q3 2025)
- SEC Filing
- 0001418773-25-000002 ↗ filed Oct 22, 2025
Holdings Value
Holdings 857 stocks · $69.0B
| NVDA Nvidia Corp. | 6.68% | 24,698,349 | $4.6B | Add +3.0% |
| MSFT Microsoft Corp. | 5.91% | 7,870,680 | $4.1B | Add +10.4% |
| AAPL Apple Inc. | 4.89% | 13,249,175 | $3.4B | Add +0.8% |
| GOOGL Alphabet Inc. Class A | 3.12% | 8,856,299 | $2.2B | Add +3.3% |
| AMZN Amazon.com Inc. | 2.71% | 8,531,066 | $1.9B | Add +12.8% |
| META Meta Platforms Inc. Class A | 2.40% | 2,256,515 | $1.7B | Add +3.3% |
| JPM JPMorgan Chase & Co. | 1.73% | 3,789,475 | $1.2B | Add +2.7% |
| AVGO Broadcom Inc. | 1.71% | 3,580,972 | $1.2B | Add +4.2% |
| NFLX Netflix Inc. | 1.42% | 817,004 | $979.5M | Add +1.3% |
| V Visa Inc. Class A | 1.40% | 2,823,203 | $963.8M | Reduce -10.1% |
| ABBV Abbvie Inc. | 1.11% | 3,323,036 | $769.4M | Add +5.1% |
| GOOG Alphabet Inc. Class C | 0.94% | 2,658,808 | $647.6M | Add +2.9% |
| LLY Eli Lilly & Co. | 0.90% | 815,807 | $622.5M | Add +20.7% |
| TSLA Tesla Inc. | 0.84% | 1,311,548 | $583.3M | Add +6.8% |
| MA Mastercard Inc. Class A | 0.84% | 1,024,254 | $582.6M | Add +18.5% |
| ANET Arista Networks Inc. | 0.83% | 3,946,087 | $575.0M | Add +28.6% |
| IBN Icici Bank Ltd.-Spon ADR | 0.83% | 18,972,921 | $573.6M | Add +9.2% |
| INFY Infosys Ltd.-SP ADR | 0.80% | 33,861,862 | $550.9M | Add +40.3% |
| UBER Uber Technologies Inc. | 0.77% | 5,422,035 | $531.2M | Add +97.1% |
| TT Trane Technologies PLC | 0.75% | 1,223,466 | $516.3M | Reduce -4.5% |
| BKNG Booking Holdings Inc. | 0.69% | 87,750 | $473.8M | Add +4.7% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.61% | 57,624,188 | $423.0M | Add +39.6% |
| GILD Gilead Sciences Inc. | 0.61% | 3,801,951 | $422.0M | Add +1.6% |
| HDB HDFC Bank Ltd.-ADR | 0.57% | 11,601,628 | $396.3M | Add +25.1% |
| CRM Salesforce Inc. | 0.57% | 1,664,460 | $394.5M | Reduce -8.7% |
| T AT&T Inc. | 0.57% | 13,925,498 | $393.3M | Add +2.9% |
| CSCO Cisco Systems Inc. | 0.57% | 5,710,819 | $390.7M | Add +2.8% |
| CBRE CBRE Group Inc. Class A | 0.56% | 2,438,061 | $384.1M | Add +1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.54% | 1,341,140 | $374.6M | Add +18.6% |
| TMO Thermo Fisher Scientific Inc. | 0.53% | 759,076 | $368.2M | Add +44.4% |
| NEM Newmont Corp. | 0.53% | 4,304,215 | $362.9M | Add +172.2% |
| COST Costco Wholesale Corp. | 0.51% | 378,354 | $350.2M | Reduce -13.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.50% | 6,645,317 | $342.8M | Add +10.7% |
| MELI MercadoLibre Inc. | 0.48% | 142,979 | $334.1M | Reduce -6.6% |
| AMAT Applied Materials Inc. | 0.48% | 1,626,578 | $333.0M | Add +35.3% |
| JNJ Johnson & Johnson | 0.48% | 1,779,482 | $330.0M | Reduce -1.4% |
| AZO AutoZone Inc. | 0.46% | 74,192 | $318.3M | Reduce -0.7% |
| C Citigroup Inc. | 0.46% | 3,124,627 | $317.1M | Add +1.3% |
| KLAC KLA Corp. | 0.46% | 292,578 | $315.6M | Add +35.8% |
| LOW Lowe's Cos Inc. | 0.45% | 1,244,941 | $312.9M | Add +101.4% |
| WMT Walmart Inc. | 0.45% | 2,994,791 | $308.6M | Reduce -0.5% |
| BMY Bristol-Myers Squibb Co. | 0.45% | 6,810,632 | $307.2M | Add +6.4% |
| LNG Cheniere Energy Inc. | 0.44% | 1,306,848 | $307.1M | Reduce -7.8% |
| BSX Boston Scientific Corp. | 0.44% | 3,118,868 | $304.5M | Reduce -0.9% |
| CHKP Check Point Software Tech | 0.43% | 1,444,649 | $298.9M | Reduce -11.6% |
| MRSH Marsh & McLennan Cos | 0.43% | 1,476,821 | $297.6M | Reduce -21.8% |
| ADI Analog Devices Inc. | 0.43% | 1,204,226 | $295.9M | Add +55.0% |
| PFE Pfizer Inc. | 0.42% | 11,398,565 | $290.4M | Add +12.3% |
| GEV GE Vernova Inc. | 0.42% | 469,863 | $288.9M | Add +55.7% |
| QCOM Qualcomm Inc. | 0.42% | 1,725,378 | $287.0M | Add +35.0% |
| JBL Jabil Inc. | 0.42% | 1,319,675 | $286.6M | Add +107.2% |
| PBR.A Petroleo Brasil-SP Pref ADR | 0.41% | 24,107,046 | $284.9M | Add +7.8% |
| SPGI S&P Global Inc. | 0.41% | 583,485 | $284.0M | Add +9.3% |
| ICE Intercontinental Exchange Inc. | 0.40% | 1,650,575 | $278.1M | Add +5.6% |
| VZ Verizon Communications Inc. | 0.40% | 6,252,391 | $274.8M | Add +9.2% |
| DASH DoorDash Inc. Class A | 0.40% | 1,003,696 | $273.0M | Add +0.0% |
| ADBE Adobe Inc. | 0.39% | 771,984 | $272.3M | Add +59.5% |
| FFIV F5 Inc. | 0.39% | 839,561 | $271.3M | Add +6.4% |
| VRSN Verisign Inc. | 0.39% | 965,600 | $270.0M | Add +12.3% |
| STLD Steel Dynamics Inc. | 0.39% | 1,936,077 | $269.9M | Add +15.5% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 867,941 | $261.1M | Add +29.5% |
| LRCX Lam Research Corp. | 0.38% | 1,934,252 | $259.0M | Add +4.3% |
| PYPL PayPal Holdings Inc. | 0.38% | 3,861,717 | $259.0M | Reduce -32.6% |
| EBAY eBay Inc. | 0.37% | 2,817,489 | $256.3M | Add +5.9% |
| MRK Merck & Co. Inc. | 0.37% | 3,006,132 | $252.3M | Reduce -5.0% |
| MSI Motorola Solutions Inc. | 0.36% | 549,369 | $251.2M | Reduce -0.6% |
| SPOT Spotify Technology SA | 0.36% | 352,579 | $246.1M | Reduce -28.8% |
| ECL Ecolab Inc. | 0.35% | 878,829 | $240.7M | Add +64.5% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.35% | 12,204,449 | $239.7M | Add +2.7% |
| VEEV Veeva Systems Inc. Class A | 0.35% | 801,367 | $238.7M | Add +6.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.34% | 2,166,052 | $236.0M | Add +36.4% |
| CVS CVS Health Corp. | 0.34% | 3,095,243 | $233.4M | Add +16.2% |
| PLTR Palantir Technologies Inc. Class A | 0.32% | 1,228,758 | $224.2M | Add +12.5% |
| SYF Synchrony Financial | 0.32% | 3,139,165 | $223.0M | Reduce -0.7% |
| FOXA Fox Corp. Class A | 0.32% | 3,508,754 | $221.3M | Reduce -5.1% |
| PG The Procter & Gamble Co. | 0.32% | 1,415,020 | $217.4M | Reduce -38.8% |
| EA Electronic Arts Inc. | 0.31% | 1,077,107 | $217.3M | Reduce -3.2% |
| VIV Telefonica Brasil-ADR | 0.31% | 17,000,115 | $216.8M | Add +11.4% |
| TRV The Travelers Cos Inc. | 0.31% | 768,786 | $214.7M | Add +4.0% |
| LIN Linde PLC | 0.31% | 449,956 | $213.7M | Reduce -17.3% |
| PDD PDD Holdings Inc. | 0.31% | 1,612,868 | $213.2M | Add +30.8% |
| ADP Automatic Data Processing | 0.30% | 707,819 | $207.7M | Add +9.0% |
| HIG Hartford Insurance Group Inc. | 0.30% | 1,540,516 | $205.5M | Add +3.2% |
| INTU Intuit Inc. | 0.30% | 300,029 | $204.9M | Add +21.9% |
| BIDU Baidu Inc. - Spon ADR | 0.29% | 1,539,432 | $202.9M | Reduce -12.4% |
| CDNS Cadence Design SYS Inc. | 0.29% | 571,278 | $200.7M | Add +62.8% |
| ZM Zoom Communications Inc. | 0.29% | 2,406,124 | $198.5M | Add +12.6% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.29% | 12,325,593 | $197.3M | Reduce -1.8% |
| INCY Incyte Corp. | 0.28% | 2,319,388 | $196.7M | Reduce -2.8% |
| MCK McKesson Corp. | 0.28% | 248,988 | $192.4M | Add +27.1% |
| SE Sea Ltd.-ADR | 0.27% | 1,049,197 | $187.5M | Add +2.8% |
| GFI Gold Fields Ltd.-Spons ADR | 0.27% | 4,371,211 | $183.4M | Add +32.1% |
| RDY Dr. Reddy's Laboratories-ADR | 0.27% | 13,084,506 | $182.9M | Add +7.6% |
| CL Colgate-Palmolive Co. | 0.26% | 2,283,059 | $182.5M | Add +3.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 1,578,916 | $180.8M | Add +86.3% |
| AFL Aflac Inc. | 0.26% | 1,578,210 | $176.3M | Reduce -4.6% |
| AMP Ameriprise Financial Inc. | 0.25% | 357,484 | $175.6M | Add +7.3% |
| COIN Coinbase Global Inc. Class A | 0.25% | 515,708 | $174.0M | Add +100.5% |
| CME Cme Group Inc. | 0.25% | 639,596 | $172.8M | Reduce -11.3% |
| GS Goldman Sachs Group Inc. | 0.24% | 207,328 | $165.1M | Add +12.6% |
Portfolio Sells Q2 2025 → Q3 2025
| V Visa Inc. Class A | Reduce -10.1% | 1.40% | −0.41 |
| PYPL PayPal Holdings Inc. | Reduce -32.6% | 0.38% | −0.31 |
| HD Home Depot Inc. | Reduce -65.2% | 0.16% | −0.31 |
| UNP Union Pacific Corp. | Reduce -94.8% | 0.01% | −0.28 |
| PG The Procter & Gamble Co. | Reduce -38.8% | 0.32% | −0.28 |
| WAT Waters Corp. | Reduce -94.4% | 0.01% | −0.28 |
| SPOT Spotify Technology SA | Reduce -28.8% | 0.36% | −0.26 |
| CTAS Cintas Corp. | Reduce -88.2% | 0.03% | −0.25 |
| ACN Accenture PLC Class A | Reduce -61.8% | 0.10% | −0.25 |
| FTNT Fortinet Inc. | Reduce -36.4% | 0.20% | −0.24 |
| MRSH Marsh & McLennan Cos | Reduce -21.8% | 0.43% | −0.24 |
| CRM Salesforce Inc. | Reduce -8.7% | 0.57% | −0.23 |
| COST Costco Wholesale Corp. | Reduce -13.4% | 0.51% | −0.19 |
| MELI MercadoLibre Inc. | Reduce -6.6% | 0.48% | −0.16 |
| TT Trane Technologies PLC | Reduce -4.5% | 0.75% | −0.16 |
| CHKP Check Point Software Tech | Reduce -11.6% | 0.43% | −0.15 |
| MRVL Marvell Technology Inc. | Reduce -72.9% | 0.05% | −0.15 |
| CHD Church & Dwight Co. Inc. | Reduce -91.8% | 0.01% | −0.15 |
| IBM Intl Business Machines Corp. | Reduce -30.7% | 0.21% | −0.14 |
| CAG Conagra Brands Inc. | Reduce -95.8% | 0.00% | −0.13 |
| ZTS Zoetis Inc. | Reduce -93.0% | 0.01% | −0.13 |
| FISV Fiserv Inc. | Reduce -63.1% | 0.04% | −0.12 |
| TWLO Twilio Inc. Class A | Reduce -20.2% | 0.16% | −0.12 |
| RSG Republic Services Inc. | Reduce -24.2% | 0.20% | −0.12 |
| LNG Cheniere Energy Inc. | Reduce -7.8% | 0.44% | −0.11 |
| SNPS Synopsys Inc. | Reduce -70.3% | 0.04% | −0.11 |
| CMG Chipotle Mexican Grill Inc. | Reduce -93.1% | 0.01% | −0.11 |
| WMB Williams Cos Inc. | Reduce -82.3% | 0.02% | −0.11 |
| AKAM Akamai Technologies Inc. | Reduce -76.1% | 0.03% | −0.11 |
| BSX Boston Scientific Corp. | Reduce -0.9% | 0.44% | −0.11 |
| LIN Linde PLC | Reduce -17.3% | 0.31% | −0.10 |
| CLX Clorox Company | Reduce -42.0% | 0.11% | −0.10 |
| PANW Palo Alto Networks Inc. | Reduce -23.0% | 0.19% | −0.09 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -34.6% | 0.09% | −0.09 |
| SJM The JM Smucker Co. | Reduce -84.0% | 0.02% | −0.08 |
| BRO Brown & Brown Inc. | Reduce -97.4% | 0.00% | −0.08 |
| CBOE Cboe Global Markets Inc. | Reduce -29.2% | 0.16% | −0.08 |
| CNC Centene Corp. | Reduce -60.4% | 0.02% | −0.07 |
| CME Cme Group Inc. | Reduce -11.3% | 0.25% | −0.07 |
| PGR Progressive Corp. | Reduce -27.3% | 0.11% | −0.07 |
| EQH Equitable Holdings Inc. | Reduce -11.9% | 0.14% | −0.06 |
| DE Deere & Co. | Reduce -10.2% | 0.15% | −0.06 |
| UTHR United Therapeutics Corp. | Reduce -61.2% | 0.06% | −0.05 |
| MMM 3M Co. | Reduce -60.5% | 0.03% | −0.05 |
| TGT Target Corp. | Reduce -4.8% | 0.17% | −0.05 |
| KR Kroger Co. | Reduce -3.4% | 0.21% | −0.05 |
| ALSN Allison Transmission Holding | Sold out | 0.00% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -67.6% | 0.02% | −0.04 |
| LULU Lululemon Athletica Inc. | Reduce -11.7% | 0.06% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -5.0% | 0.37% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Add +3.3% | 3.12% | +0.68 |
| NVDA Nvidia Corp. | Add +3.0% | 6.68% | +0.55 |
| AAPL Apple Inc. | Add +0.8% | 4.89% | +0.53 |
| NEM Newmont Corp. | Add +172.2% | 0.53% | +0.38 |
| UBER Uber Technologies Inc. | Add +97.1% | 0.77% | +0.35 |
| ANET Arista Networks Inc. | Add +28.6% | 0.83% | +0.33 |
| LOW Lowe's Cos Inc. | Add +101.4% | 0.45% | +0.23 |
| TSLA Tesla Inc. | Add +6.8% | 0.84% | +0.21 |
| GOOG Alphabet Inc. Class C | Add +2.9% | 0.94% | +0.20 |
| JBL Jabil Inc. | Add +107.2% | 0.42% | +0.19 |
| TMO Thermo Fisher Scientific Inc. | Add +44.4% | 0.53% | +0.19 |
| MU Micron Technology Inc. | Add +478.7% | 0.22% | +0.19 |
| AVGO Broadcom Inc. | Add +4.2% | 1.71% | +0.18 |
| MSFT Microsoft Corp. | Add +10.4% | 5.91% | +0.17 |
| ABBV Abbvie Inc. | Add +5.1% | 1.11% | +0.17 |
| GEV GE Vernova Inc. | Add +55.7% | 0.42% | +0.16 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +39.6% | 0.61% | +0.16 |
| TEL Te Connectivity PLC | Add +530.8% | 0.17% | +0.15 |
| KLAC KLA Corp. | Add +35.8% | 0.46% | +0.15 |
| SCHW Schwab (charles) Corp. | Add +225.8% | 0.21% | +0.14 |
| GFI Gold Fields Ltd.-Spons ADR | Add +32.1% | 0.27% | +0.14 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +537.4% | 0.17% | +0.14 |
| ADI Analog Devices Inc. | Add +55.0% | 0.43% | +0.13 |
| TSM Taiwan Semiconductor-SP ADR | Add +18.6% | 0.54% | +0.13 |
| AMAT Applied Materials Inc. | Add +35.3% | 0.48% | +0.13 |
| TME Tencent Music Entertainm-ADR | Add +174.9% | 0.18% | +0.12 |
| DLTR Dollar Tree Inc. | Add +1281.4% | 0.13% | +0.12 |
| CDNS Cadence Design SYS Inc. | Add +62.8% | 0.29% | +0.12 |
| ECL Ecolab Inc. | Add +64.5% | 0.35% | +0.12 |
| SHOP Shopify Inc. Class A | Add +427.3% | 0.13% | +0.11 |
| BNY Bank of New York Mellon Corp. | Add +36.4% | 0.34% | +0.11 |
| COIN Coinbase Global Inc. Class A | Add +100.5% | 0.25% | +0.11 |
| AMX America Movil Sab DE CV | Add +359.4% | 0.13% | +0.10 |
| ULTA Ulta Beauty Inc. | Add +137.3% | 0.17% | +0.10 |
| PDD PDD Holdings Inc. | Add +30.8% | 0.31% | +0.10 |
| GE General Electric | Add +29.5% | 0.38% | +0.10 |
| WDC Western Digital Corp. | Add +116.4% | 0.14% | +0.10 |
| DIS The Walt Disney Co. | Add +86.3% | 0.26% | +0.09 |
| ADBE Adobe Inc. | Add +59.5% | 0.39% | +0.09 |
| MDB Mongodb Inc. | Add +4515.2% | 0.09% | +0.09 |
| QCOM Qualcomm Inc. | Add +35.0% | 0.42% | +0.09 |
| NVR NVR Inc. | Add +844.5% | 0.10% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +12.5% | 0.32% | +0.08 |
| LRCX Lam Research Corp. | Add +4.3% | 0.38% | +0.08 |
| INFY Infosys Ltd.-SP ADR | Add +40.3% | 0.80% | +0.07 |
| CVX Chevron Corp. | Add +62.1% | 0.18% | +0.07 |
| IBKR Interactive Brokers Gro Class A | Add +113.4% | 0.11% | +0.06 |
| BAP Credicorp Ltd. | Add +64.7% | 0.14% | +0.06 |
| PTC PTC Inc. | Add +119.5% | 0.11% | +0.06 |
| INTC Intel Corp. | Add +27.7% | 0.15% | +0.06 |
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 |