Robeco Institutional Asset Management B.V.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Robeco Institutional Asset Management B.V. reported 824 stock positions worth $70.2 billion. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Microsoft (MSFT, 5.5%) and Apple (AAPL, 5.1%). Compared with Q3 2025, it opened 37 new positions, sold out of 71, added to 341 and reduced 376. The biggest buy was Alphabet Class A (GOOGL, shares +4%) and the biggest sale Netflix (NFLX, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- ROTTERDAM, P7
- CIK
- 0001418773
- Portfolio Value
- $70.2B (Q4 2025)
- SEC Filing
- 0001418773-26-000001 ↗ filed Jan 23, 2026
Holdings Value
Holdings 824 stocks · $70.2B
| NVDA Nvidia Corp. | 6.62% | 24,935,882 | $4.7B | Add +1.0% |
| MSFT Microsoft Corp. | 5.48% | 7,951,743 | $3.8B | Add +1.0% |
| AAPL Apple Inc. | 5.15% | 13,292,168 | $3.6B | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 4.10% | 9,207,722 | $2.9B | Add +4.0% |
| AMZN Amazon.com Inc. | 3.00% | 9,137,394 | $2.1B | Add +7.1% |
| META Meta Platforms Inc. Class A | 1.80% | 1,919,709 | $1.3B | Reduce -14.9% |
| JPM JPMorgan Chase & Co. | 1.73% | 3,776,778 | $1.2B | Reduce -0.3% |
| AVGO Broadcom Inc. | 1.73% | 3,509,185 | $1.2B | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 1.29% | 2,876,553 | $902.7M | Add +8.2% |
| LLY Eli Lilly & Co. | 1.11% | 726,465 | $780.7M | Reduce -10.9% |
| ABBV Abbvie Inc. | 1.04% | 3,210,141 | $733.5M | Reduce -3.4% |
| V Visa Inc. Class A | 1.00% | 1,992,221 | $698.7M | Reduce -29.4% |
| TSLA Tesla Inc. | 0.93% | 1,446,748 | $650.6M | Add +10.3% |
| INFY Infosys Ltd.-SP ADR | 0.87% | 34,372,927 | $612.5M | Add +1.5% |
| MA Mastercard Inc. Class A | 0.83% | 1,025,209 | $585.3M | Add +0.1% |
| IBN Icici Bank Ltd.-Spon ADR | 0.79% | 18,680,412 | $556.7M | Reduce -1.5% |
| NEM Newmont Corp. | 0.71% | 4,996,775 | $498.9M | Add +16.1% |
| TMO Thermo Fisher Scientific Inc. | 0.68% | 825,966 | $478.6M | Add +8.8% |
| ANET Arista Networks Inc. | 0.68% | 3,651,698 | $478.5M | Reduce -7.5% |
| BKNG Booking Holdings Inc. | 0.67% | 87,803 | $470.2M | Add +0.1% |
| CRM Salesforce Inc. | 0.67% | 1,764,102 | $467.3M | Add +6.0% |
| GILD Gilead Sciences Inc. | 0.65% | 3,693,602 | $453.4M | Reduce -2.9% |
| HDB HDFC Bank Ltd.-ADR | 0.64% | 12,392,854 | $452.8M | Add +6.8% |
| CSCO Cisco Systems Inc. | 0.63% | 5,747,783 | $442.8M | Add +0.7% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.60% | 58,581,150 | $419.4M | Add +1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.58% | 7,408,226 | $407.5M | Add +11.5% |
| UBER Uber Technologies Inc. | 0.58% | 4,956,065 | $405.0M | Reduce -8.6% |
| CBRE CBRE Group Inc. Class A | 0.56% | 2,457,315 | $395.1M | Add +0.8% |
| TT Trane Technologies PLC | 0.56% | 1,008,998 | $392.7M | Reduce -17.5% |
| AMAT Applied Materials Inc. | 0.54% | 1,474,092 | $378.8M | Reduce -9.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.53% | 1,229,340 | $373.6M | Reduce -8.3% |
| LRCX Lam Research Corp. | 0.53% | 2,161,975 | $370.1M | Add +11.8% |
| KLAC KLA Corp. | 0.52% | 298,069 | $362.2M | Add +1.9% |
| BMY Bristol-Myers Squibb Co. | 0.52% | 6,704,807 | $361.7M | Reduce -1.6% |
| MCK McKesson Corp. | 0.51% | 432,578 | $354.8M | Add +73.7% |
| ADI Analog Devices Inc. | 0.50% | 1,302,406 | $353.2M | Add +8.2% |
| SPGI S&P Global Inc. | 0.50% | 667,470 | $348.8M | Add +14.4% |
| TEL Te Connectivity PLC | 0.50% | 1,530,414 | $348.2M | Add +183.6% |
| T AT&T Inc. | 0.49% | 13,777,073 | $342.2M | Reduce -1.1% |
| STLD Steel Dynamics Inc. | 0.48% | 2,008,199 | $340.3M | Add +3.7% |
| C Citigroup Inc. | 0.48% | 2,893,497 | $337.6M | Reduce -7.4% |
| WMT Walmart Inc. | 0.47% | 2,987,556 | $332.8M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.47% | 1,580,962 | $327.2M | Reduce -11.2% |
| PBR.A Petroleo Brasil-SP Pref ADR | 0.44% | 27,254,874 | $307.2M | Add +13.1% |
| GE General Electric filed as GE AEROSPACE | 0.44% | 994,218 | $306.2M | Add +14.6% |
| QCOM Qualcomm Inc. | 0.43% | 1,783,988 | $305.2M | Add +3.4% |
| GEV GE Vernova Inc. | 0.43% | 464,709 | $303.7M | Reduce -1.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.41% | 2,483,240 | $288.3M | Add +14.6% |
| BSX Boston Scientific Corp. | 0.41% | 2,992,877 | $285.4M | Reduce -4.0% |
| JBL Jabil Inc. | 0.41% | 1,247,973 | $284.6M | Reduce -5.4% |
| MELI MercadoLibre Inc. | 0.40% | 138,436 | $278.8M | Reduce -3.2% |
| ADBE Adobe Inc. | 0.40% | 793,898 | $277.9M | Add +2.8% |
| VALE Vale SA-SP ADR | 0.39% | 20,809,302 | $271.1M | Add +77.8% |
| GFI Gold Fields Ltd.-Spons ADR | 0.38% | 6,085,653 | $265.7M | Add +39.2% |
| CVS CVS Health Corp. | 0.38% | 3,338,744 | $265.0M | Add +7.9% |
| MRK Merck & Co. Inc. | 0.37% | 2,497,975 | $262.9M | Reduce -16.9% |
| TRV The Travelers Cos Inc. | 0.37% | 901,938 | $261.6M | Add +17.3% |
| EBAY eBay Inc. | 0.36% | 2,931,042 | $255.3M | Add +4.0% |
| GM General Motors Co. | 0.36% | 3,097,019 | $251.8M | Add +164.9% |
| PFE Pfizer Inc. | 0.35% | 9,870,643 | $245.8M | Reduce -13.4% |
| INCY Incyte Corp. | 0.35% | 2,480,793 | $245.0M | Add +7.0% |
| SPOT Spotify Technology SA | 0.35% | 419,002 | $243.3M | Add +18.8% |
| HIG Hartford Insurance Group Inc. | 0.35% | 1,761,391 | $242.7M | Add +14.3% |
| VZ Verizon Communications Inc. | 0.34% | 5,848,599 | $238.2M | Reduce -6.5% |
| WDC Western Digital Corp. | 0.34% | 1,376,751 | $237.2M | Add +75.9% |
| SYF Synchrony Financial | 0.34% | 2,825,052 | $235.7M | Reduce -10.0% |
| COST Costco Wholesale Corp. | 0.33% | 269,502 | $232.4M | Reduce -28.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 1,500,803 | $230.5M | Add +40.4% |
| FOXA Fox Corp. Class A | 0.33% | 3,135,084 | $229.1M | Reduce -10.7% |
| ZM Zoom Communications Inc. | 0.33% | 2,644,822 | $228.2M | Add +9.9% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.32% | 13,558,273 | $227.0M | Add +10.0% |
| VRSN Verisign Inc. | 0.32% | 932,690 | $226.6M | Reduce -3.4% |
| NFLX Netflix Inc. | 0.32% | 2,415,246 | $226.5M | Reduce -70.4% |
| DG Dollar General Corp. | 0.32% | 1,699,871 | $225.7M | Add +426.9% |
| PYPL PayPal Holdings Inc. | 0.32% | 3,795,321 | $221.6M | Reduce -1.7% |
| LNG Cheniere Energy Inc. | 0.31% | 1,107,014 | $215.2M | Reduce -15.3% |
| CDNS Cadence Design SYS Inc. | 0.30% | 682,903 | $213.5M | Add +19.5% |
| PG The Procter & Gamble Co. | 0.30% | 1,472,125 | $211.0M | Add +4.0% |
| VIV Telefonica Brasil-ADR | 0.29% | 17,145,564 | $203.3M | Add +0.9% |
| PDD PDD Holdings Inc. | 0.29% | 1,785,936 | $202.5M | Add +10.7% |
| REGN Regeneron Pharmaceuticals | 0.29% | 261,850 | $202.1M | Add +116.6% |
| FTNT Fortinet Inc. | 0.29% | 2,522,604 | $200.3M | Add +54.8% |
| VEEV Veeva Systems Inc. Class A | 0.28% | 892,070 | $199.1M | Add +11.3% |
| MU Micron Technology Inc. | 0.28% | 696,444 | $198.8M | Reduce -22.3% |
| ICE Intercontinental Exchange Inc. | 0.28% | 1,212,683 | $196.4M | Reduce -26.5% |
| VRT Vertiv Holdings Co. Class A | 0.28% | 1,192,334 | $193.2M | Add +57.8% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.27% | 10,888,977 | $192.6M | Reduce -10.8% |
| COF Capital One Financial Corp. | 0.27% | 788,799 | $191.2M | Add +9.7% |
| JCI Johnson Controls Internation | 0.27% | 1,585,763 | $189.9M | Add +8.1% |
| GS Goldman Sachs Group Inc. | 0.27% | 215,482 | $189.4M | Add +3.9% |
| INTU Intuit Inc. | 0.27% | 284,645 | $188.6M | Reduce -5.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 1,639,713 | $186.6M | Add +3.9% |
| RDY Dr. Reddy's Laboratories-ADR | 0.26% | 13,154,524 | $184.7M | Add +0.5% |
| BIDU Baidu Inc. - Spon ADR | 0.26% | 1,411,937 | $184.5M | Reduce -8.3% |
| CAH Cardinal Health Inc. | 0.26% | 891,295 | $183.2M | Reduce -4.8% |
| ROK Rockwell Automation Inc. | 0.26% | 469,004 | $182.5M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.26% | 1,508,582 | $181.5M | Add +9.6% |
| ALL Allstate Corp. | 0.26% | 869,139 | $180.9M | Add +1766.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 394,200 | $178.7M | Add +3.9% |
| MNST Monster Beverage Corp. | 0.25% | 2,327,626 | $178.5M | Add +262.1% |
Portfolio Sells Q3 2025 → Q4 2025
| NFLX Netflix Inc. | Reduce -70.4% | 0.32% | −1.10 |
| META Meta Platforms Inc. Class A | Reduce -14.9% | 1.80% | −0.60 |
| V Visa Inc. Class A | Reduce -29.4% | 1.00% | −0.40 |
| MRSH Marsh & McLennan Cos | Reduce -79.7% | 0.08% | −0.35 |
| CHKP Check Point Software Tech | Reduce -75.8% | 0.09% | −0.34 |
| EA Electronic Arts Inc. | Reduce -99.2% | 0.00% | −0.31 |
| MSI Motorola Solutions Inc. | Reduce -76.6% | 0.07% | −0.29 |
| FFIV F5 Inc. | Reduce -67.2% | 0.10% | −0.29 |
| AZO AutoZone Inc. | Reduce -48.1% | 0.19% | −0.28 |
| LOW Lowe's Cos Inc. | Reduce -57.1% | 0.18% | −0.27 |
| LIN Linde PLC | Reduce -84.0% | 0.04% | −0.27 |
| DASH DoorDash Inc. Class A | Reduce -39.5% | 0.20% | −0.20 |
| UBER Uber Technologies Inc. | Reduce -8.6% | 0.58% | −0.19 |
| TT Trane Technologies PLC | Reduce -17.5% | 0.56% | −0.19 |
| COST Costco Wholesale Corp. | Reduce -28.8% | 0.33% | −0.18 |
| COIN Coinbase Global Inc. Class A | Reduce -39.7% | 0.10% | −0.15 |
| ANET Arista Networks Inc. | Reduce -7.5% | 0.68% | −0.15 |
| LNG Cheniere Energy Inc. | Reduce -15.3% | 0.31% | −0.14 |
| CME Cme Group Inc. | Reduce -53.8% | 0.11% | −0.14 |
| PLTR Palantir Technologies Inc. Class A | Reduce -38.6% | 0.19% | −0.13 |
| GLW Corning Inc. | Reduce -80.8% | 0.03% | −0.13 |
| ORLY O'reilly Automotive Inc. | Reduce -71.2% | 0.04% | −0.13 |
| DE Deere & Co. | Reduce -88.7% | 0.02% | −0.13 |
| ECL Ecolab Inc. | Reduce -32.6% | 0.22% | −0.13 |
| RSG Republic Services Inc. | Reduce -58.8% | 0.08% | −0.13 |
| ICE Intercontinental Exchange Inc. | Reduce -26.5% | 0.28% | −0.12 |
| SE Sea Ltd.-ADR | Reduce -19.3% | 0.15% | −0.12 |
| AXON Axon Enterprise Inc. | Reduce -89.7% | 0.01% | −0.11 |
| AWK American Water Works Co. Inc. | Reduce -94.8% | 0.00% | −0.10 |
| CL Colgate-Palmolive Co. | Reduce -33.7% | 0.17% | −0.09 |
| ZS Zscaler Inc. | Reduce -36.0% | 0.08% | −0.09 |
| MELI MercadoLibre Inc. | Reduce -3.2% | 0.40% | −0.09 |
| ADP Automatic Data Processing | Reduce -17.0% | 0.22% | −0.09 |
| T AT&T Inc. | Reduce -1.1% | 0.49% | −0.08 |
| KT KT Corp.-SP ADR | Reduce -34.2% | 0.14% | −0.08 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.08 |
| PGR Progressive Corp. | Reduce -70.2% | 0.03% | −0.08 |
| HD Home Depot Inc. | Reduce -35.1% | 0.09% | −0.07 |
| VIPS Vipshop Holdings Ltd. - ADR | Reduce -10.8% | 0.27% | −0.07 |
| PFE Pfizer Inc. | Reduce -13.4% | 0.35% | −0.07 |
| ABBV Abbvie Inc. | Reduce -3.4% | 1.04% | −0.07 |
| VRSN Verisign Inc. | Reduce -3.4% | 0.32% | −0.07 |
| CLX Clorox Company | Reduce -48.4% | 0.05% | −0.07 |
| SWKS Skyworks Solutions Inc. | Reduce -81.5% | 0.01% | −0.06 |
| PYPL PayPal Holdings Inc. | Reduce -1.7% | 0.32% | −0.06 |
| ROP Roper Technologies Inc. | Reduce -53.0% | 0.04% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -6.5% | 0.34% | −0.06 |
| CVX Chevron Corp. | Reduce -30.2% | 0.12% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -68.9% | 0.02% | −0.06 |
| DD Dupont DE Nemours Inc. | Reduce -67.5% | 0.01% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +4.0% | 4.10% | +0.99 |
| GOOG Alphabet Inc. Class C | Add +8.2% | 1.29% | +0.35 |
| TEL Te Connectivity PLC | Add +183.6% | 0.50% | +0.32 |
| AMZN Amazon.com Inc. | Add +7.1% | 3.00% | +0.29 |
| DG Dollar General Corp. | Add +426.9% | 0.32% | +0.27 |
| AAPL Apple Inc. | Add +0.3% | 5.15% | +0.26 |
| GM General Motors Co. | Add +164.9% | 0.36% | +0.26 |
| ALL Allstate Corp. | Add +1766.9% | 0.26% | +0.24 |
| MCK McKesson Corp. | Add +73.7% | 0.51% | +0.23 |
| URI United Rentals Inc. | Add +3459.3% | 0.23% | +0.22 |
| VALE Vale SA-SP ADR | Add +77.8% | 0.39% | +0.20 |
| WDC Western Digital Corp. | Add +75.9% | 0.34% | +0.20 |
| MNST Monster Beverage Corp. | Add +262.1% | 0.25% | +0.19 |
| REGN Regeneron Pharmaceuticals | Add +116.6% | 0.29% | +0.19 |
| NEM Newmont Corp. | Add +16.1% | 0.71% | +0.18 |
| MDT Medtronic PLC | Add +436.1% | 0.22% | +0.18 |
| DHR Danaher Corp. | Add +220.2% | 0.22% | +0.16 |
| LRCX Lam Research Corp. | Add +11.8% | 0.53% | +0.15 |
| TMO Thermo Fisher Scientific Inc. | Add +8.8% | 0.68% | +0.15 |
| TPR Tapestry Inc. | Add +347.1% | 0.17% | +0.13 |
| AMX America Movil Sab DE CV | Add +93.8% | 0.25% | +0.12 |
| MDB Mongodb Inc. | Add +69.5% | 0.21% | +0.11 |
| CNC Centene Corp. | Add +426.8% | 0.14% | +0.11 |
| GFI Gold Fields Ltd.-Spons ADR | Add +39.2% | 0.38% | +0.11 |
| NTRA Natera Inc. | Add +5965.1% | 0.11% | +0.11 |
| VRT Vertiv Holdings Co. Class A | Add +57.8% | 0.28% | +0.11 |
| FIX Comfort Systems USA Inc. | Add +3378.3% | 0.11% | +0.11 |
| PEP Pepsico Inc. | Add +480.1% | 0.13% | +0.11 |
| BVN Cia DE Minas Buenaventur-ADR | Add +738.7% | 0.12% | +0.11 |
| TJX TJX Companies Inc. | Add +40.4% | 0.33% | +0.10 |
| CRM Salesforce Inc. | Add +6.0% | 0.67% | +0.09 |
| EL Estee Lauder Companies Class A | Add +36.1% | 0.25% | +0.09 |
| STLD Steel Dynamics Inc. | Add +3.7% | 0.48% | +0.09 |
| FTNT Fortinet Inc. | Add +54.8% | 0.29% | +0.09 |
| SPGI S&P Global Inc. | Add +14.4% | 0.50% | +0.09 |
| BAC Bank of America Corp. | Add +11.5% | 0.58% | +0.08 |
| TSLA Tesla Inc. | Add +10.3% | 0.93% | +0.08 |
| VICI Vici Properties Inc. | Add +94.2% | 0.20% | +0.08 |
| AMD Advanced Micro Devices | Add +43.5% | 0.17% | +0.08 |
| EQT Eqt Corp. | Add +1062.0% | 0.09% | +0.08 |
| ACGL Arch Capital Group Ltd. | Add +50.4% | 0.21% | +0.08 |
| SNPS Synopsys Inc. | Add +219.8% | 0.11% | +0.08 |
| ADI Analog Devices Inc. | Add +8.2% | 0.50% | +0.07 |
| INFY Infosys Ltd.-SP ADR | Add +1.5% | 0.87% | +0.07 |
| HDB HDFC Bank Ltd.-ADR | Add +6.8% | 0.64% | +0.07 |
| PTC PTC Inc. | Add +96.0% | 0.18% | +0.07 |
| BNY Bank of New York Mellon Corp. | Add +14.6% | 0.41% | +0.07 |
| INTC Intel Corp. | Add +36.0% | 0.21% | +0.07 |
| CX Cemex Sab-Spons ADR Part Cer | Add +18.9% | 0.20% | +0.07 |
| ULTA Ulta Beauty Inc. | Add +27.6% | 0.23% | +0.07 |
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 |