APG Asset Management US Inc. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
APG Asset Management US Inc. disclosed 184 US equity positions worth $13.6bn in its Q3 2025 13F filing. The largest position was PLD at 16.9% of the reported book, followed by DLR and EQIX. Against the Q2 2025 filing, it opened 0 new positions, added to 10 and reduced 13 among the top 50 holdings.
What did APG Asset Management US Inc. own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | PLD PROLOGIS INC. | Real Estate | 16.9% | $2.3bn | 19,656,247 | 0% | held |
| 2 | DLR DIGITAL RLTY TR INC | Real Estate | 10.9% | $1.5bn | 8,638,801 | 0% | held |
| 3 | EQIX EQUINIX INC | Real Estate | 6.9% | $937.5m | 1,211,357 | 0% | held |
| 4 | VTR VENTAS INC | Real Estate | 6.1% | $826.9m | 11,758,485 | 0% | held |
| 5 | EQR EQUITY RESIDENTIAL | Real Estate | 5.4% | $727.3m | 11,346,098 | -1% | reduced |
| 6 | PSA PUBLIC STORAGE OPER CO | Real Estate | 4.7% | $635.1m | 2,184,979 | 1% | added |
| 7 | BXP BXP INC | Real Estate | 4.2% | $564.9m | 7,401,513 | 3% | added |
| 8 | ARE ALEXANDRIA REAL ESTATE EQ IN | Real Estate | 4.1% | $558.6m | 6,693,105 | 0% | held |
| 9 | O REALTY INCOME CORP | Real Estate | 3.8% | $510.6m | 8,445,467 | -2% | reduced |
| 10 | INVH INVITATION HOMES INC | Real Estate | 3.7% | $495.6m | 17,083,708 | -1% | reduced |
| 11 | MAA MID-AMER APT CMNTYS INC | Real Estate | 3.1% | $416.5m | 3,018,014 | -2% | reduced |
| 12 | LQD ISHARES TR | 2.8% | $383.8m | 3,441,813 | -22% | reduced | |
| 13 | HYG ISHARES TR | 2.8% | $375.2m | 4,634,500 | -14% | reduced | |
| 14 | EXR EXTRA SPACE STORAGE INC | Real Estate | 2.6% | $357.6m | 2,533,561 | 0% | held |
| 15 | WELL WELLTOWER INC | Real Estate | 2.1% | $285.7m | 1,592,764 | 5% | added |
| 16 | KIM KIMCO RLTY CORP | Real Estate | 2.0% | $272.2m | 12,648,074 | 0% | held |
| 17 | CUZ COUSINS PPTYS INC | Real Estate | 1.6% | $222.8m | 7,668,526 | -2% | reduced |
| 18 | HR HEALTHCARE RLTY TR | Real Estate | 1.6% | $222.0m | 12,086,673 | 2% | added |
| 19 | KRC KILROY RLTY CORP | Real Estate | 1.3% | $180.7m | 4,287,628 | 0% | held |
| 20 | COLD AMERICOLD REALTY TRUST INC | Real Estate | 1.1% | $149.4m | 12,139,704 | -10% | reduced |
| 21 | REG REGENCY CTRS CORP | Real Estate | 1.1% | $145.9m | 2,023,988 | 0% | held |
| 22 | VICI VICI PPTYS INC | Real Estate | 0.8% | $113.6m | 3,450,812 | 0% | held |
| 23 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 0.7% | $100.4m | 540,385 | 0% | held |
| 24 | WPC WP CAREY INC | Real Estate | 0.5% | $62.8m | 916,606 | 13% | added |
| 25 | UDR UDR INC | Real Estate | 0.4% | $60.8m | 1,645,459 | 0% | held |
| 26 | IRM IRON MTN INC DEL | Real Estate | 0.4% | $59.5m | 582,174 | 0% | held |
| 27 | ESS ESSEX PPTY TR INC | Real Estate | 0.4% | $56.5m | 212,048 | 0% | held |
| 28 | SBRA SABRA HEALTH CARE REIT INC | Real Estate | 0.4% | $54.9m | 2,992,091 | 0% | held |
| 29 | EGP EASTGROUP PPTYS INC | Real Estate | 0.4% | $51.7m | 300,159 | 12% | added |
| 30 | DOC HEALTHPEAK PROPERTIES INC | Real Estate | 0.3% | $43.6m | 2,273,351 | 0% | held |
| 31 | SUI SUN CMNTYS INC | Real Estate | 0.3% | $43.3m | 337,138 | -18% | reduced |
| 32 | NVDA NVIDIA CORPORATION | Technology | 0.3% | $42.4m | 226,405 | -4% | reduced |
| 33 | AVGO BROADCOM INC | Technology | 0.3% | $41.1m | 123,408 | 0% | held |
| 34 | BRX BRIXMOR PPTY GROUP INC | Real Estate | 0.3% | $38.4m | 1,405,763 | 23% | added |
| 35 | VNO VORNADO RLTY TR | Real Estate | 0.3% | $34.0m | 824,054 | -15% | reduced |
| 36 | FRT FEDERAL RLTY INVT TR NEW | Real Estate | 0.2% | $31.3m | 314,532 | 0% | held |
| 37 | ADC AGREE RLTY CORP | Real Estate | 0.2% | $31.2m | 435,343 | 0% | held |
| 38 | MSFT MICROSOFT CORP | Technology | 0.2% | $31.1m | 59,861 | 0% | held |
| 39 | BKLN INVESCO EXCH TRADED FD TR II | 0.2% | $30.9m | 1,480,000 | 0% | held | |
| 40 | SKT TANGER INC | Real Estate | 0.2% | $30.0m | 887,091 | 0% | held |
| 41 | EPRT ESSENTIAL PPTYS RLTY TR INC | Real Estate | 0.2% | $26.4m | 881,079 | 0% | held |
| 42 | MAC MACERICH CO | Real Estate | 0.2% | $24.3m | 1,351,135 | 30% | added |
| 43 | RHP RYMAN HOSPITALITY PPTYS INC | Real Estate | 0.1% | $20.3m | 226,742 | 0% | held |
| 44 | AVBC AVALONBAY CMNTYS INC | Financial Services | 0.1% | $20.3m | 105,849 | -17% | reduced |
| 45 | UE URBAN EDGE PPTYS | Real Estate | 0.1% | $18.2m | 892,720 | 0% | held |
| 46 | NTST NETSTREIT CORP | Real Estate | 0.1% | $17.5m | 956,127 | 9% | added |
| 47 | AKR ACADIA RLTY TR | Real Estate | 0.1% | $17.1m | 838,642 | -20% | reduced |
| 48 | EPR EPR PPTYS | Real Estate | 0.1% | $16.8m | 287,278 | 0% | held |
| 49 | ORCL ORACLE CORP | Technology | 0.1% | $15.1m | 52,339 | 0% | held |
| 50 | REXR REXFORD INDL RLTY INC | Real Estate | 0.1% | $14.7m | 350,557 | 157% | added |
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.