APG Asset Management US Inc. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
APG Asset Management US Inc. disclosed 203 US equity positions worth $13.1bn in its Q1 2025 13F filing. The largest position was PLD at 16.7% of the reported book, followed by DLR and EQIX. Against the Q4 2024 filing, it opened 3 new positions, added to 14 and reduced 14 among the top 50 holdings.
What did APG Asset Management US Inc. own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | PLD PROLOGIS INC. | Real Estate | 16.7% | $2.2bn | 19,593,356 | 0% | held |
| 2 | DLR DIGITAL RLTY TR INC | Real Estate | 9.6% | $1.3bn | 8,615,371 | -1% | reduced |
| 3 | EQIX EQUINIX INC | Real Estate | 7.5% | $976.3m | 1,195,041 | -0% | held |
| 4 | EQR EQUITY RESIDENTIAL | Real Estate | 6.3% | $821.3m | 11,521,737 | -1% | reduced |
| 5 | VTR VENTAS INC | Real Estate | 6.2% | $806.1m | 11,636,519 | 0% | held |
| 6 | PSA PUBLIC STORAGE OPER CO | Real Estate | 4.9% | $645.8m | 2,161,039 | 0% | held |
| 7 | ARE ALEXANDRIA REAL ESTATE EQ IN | Real Estate | 4.8% | $622.8m | 6,832,496 | 0% | held |
| 8 | INVH INVITATION HOMES INC | Real Estate | 4.4% | $573.5m | 16,599,146 | 0% | held |
| 9 | MAA MID-AMER APT CMNTYS INC | Real Estate | 3.9% | $514.1m | 3,069,507 | 10% | added |
| 10 | BXP BXP INC | Real Estate | 3.7% | $483.2m | 7,216,018 | -3% | reduced |
| 11 | O REALTY INCOME CORP | Real Estate | 3.6% | $473.3m | 8,281,276 | 2% | added |
| 12 | EXR EXTRA SPACE STORAGE INC | Real Estate | 2.9% | $374.6m | 2,533,561 | 0% | held |
| 13 | HYG ISHARES TR | 2.8% | $368.7m | 4,685,500 | 14% | added | |
| 14 | COLD AMERICOLD REALTY TRUST INC | Real Estate | 2.2% | $285.3m | 13,508,710 | -18% | reduced |
| 15 | KIM KIMCO RLTY CORP | Real Estate | 2.0% | $267.4m | 12,648,074 | -10% | reduced |
| 16 | CUZ COUSINS PPTYS INC | Real Estate | 1.7% | $227.5m | 7,737,721 | -1% | reduced |
| 17 | WELL WELLTOWER INC | Real Estate | 1.7% | $219.0m | 1,420,826 | 6% | added |
| 18 | HR HEALTHCARE RLTY TR | Real Estate | 1.3% | $171.8m | 10,148,808 | 0% | held |
| 19 | KRC KILROY RLTY CORP | Real Estate | 1.2% | $151.5m | 4,611,122 | 5% | added |
| 20 | REG REGENCY CTRS CORP | Real Estate | 1.1% | $148.9m | 2,023,988 | 0% | held |
| 21 | VICI VICI PPTYS INC | Real Estate | 0.9% | $111.9m | 3,450,812 | -2% | reduced |
| 22 | LQD ISHARES TR | 0.8% | $109.2m | 1,005,000 | – | new | |
| 23 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 0.7% | $93.6m | 562,210 | 1% | added |
| 24 | UDR UDR INC | Real Estate | 0.6% | $74.3m | 1,645,459 | 6% | added |
| 25 | DOC HEALTHPEAK PROPERTIES INC | Real Estate | 0.4% | $53.3m | 2,661,358 | 8% | added |
| 26 | SUI SUN CMNTYS INC | Real Estate | 0.4% | $53.0m | 412,168 | 0% | held |
| 27 | IRM IRON MTN INC DEL | Real Estate | 0.4% | $50.6m | 582,174 | 13% | added |
| 28 | WPC WP CAREY INC | Real Estate | 0.4% | $47.9m | 760,019 | 0% | held |
| 29 | SBRA SABRA HEALTH CARE REIT INC | Real Estate | 0.3% | $38.6m | 2,206,617 | 0% | held |
| 30 | FRT FEDERAL RLTY INVT TR NEW | Real Estate | 0.3% | $37.1m | 382,214 | 111% | added |
| 31 | ESS ESSEX PPTY TR INC | Real Estate | 0.3% | $35.8m | 117,251 | 42% | added |
| 32 | AVBC AVALONBAY CMNTYS INC | Financial Services | 0.2% | $31.2m | 145,433 | -27% | reduced |
| 33 | BKLN INVESCO EXCH TRADED FD TR II | 0.2% | $30.7m | 1,480,000 | – | new | |
| 34 | BRX BRIXMOR PPTY GROUP INC | Real Estate | 0.2% | $30.3m | 1,144,399 | -11% | reduced |
| 35 | EPRT ESSENTIAL PPTYS RLTY TR INC | Real Estate | 0.2% | $29.5m | 908,199 | 0% | held |
| 36 | VNO VORNADO RLTY TR | Real Estate | 0.2% | $27.7m | 733,774 | 0% | held |
| 37 | ADC AGREE RLTY CORP | Real Estate | 0.2% | $27.7m | 360,343 | 0% | held |
| 38 | MAC MACERICH CO | Real Estate | 0.2% | $24.9m | 1,459,447 | 21% | added |
| 39 | AVGO BROADCOM INC | Technology | 0.2% | $24.8m | 146,978 | 2% | added |
| 40 | REXR REXFORD INDL RLTY INC | Real Estate | 0.2% | $23.8m | 608,082 | -28% | reduced |
| 41 | MSFT MICROSOFT CORP | Technology | 0.2% | $23.7m | 62,095 | 0% | held |
| 42 | NVDA NVIDIA CORPORATION | Technology | 0.2% | $21.9m | 198,730 | 3% | added |
| 43 | AKR ACADIA RLTY TR | Real Estate | 0.2% | $21.8m | 1,053,152 | 0% | held |
| 44 | SKT TANGER INC | Real Estate | 0.2% | $20.9m | 613,981 | 0% | held |
| 45 | RHP RYMAN HOSPITALITY PPTYS INC | Real Estate | 0.1% | $18.6m | 201,366 | 0% | held |
| 46 | UE URBAN EDGE PPTYS | Real Estate | 0.1% | $17.0m | 892,720 | -17% | reduced |
| 47 | EGP EASTGROUP PPTYS INC | Real Estate | 0.1% | $15.8m | 89,783 | – | new |
| 48 | HST HOST HOTELS & RESORTS INC | Real Estate | 0.1% | $15.2m | 1,051,904 | -49% | reduced |
| 49 | NTST NETSTREIT CORP | Real Estate | 0.1% | $13.9m | 879,877 | -23% | reduced |
| 50 | CURB CURBLINE PPTYS CORP | 0.1% | $13.6m | 549,403 | -16% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.