APG Asset Management N.V.
Filing Date
Global Rank
#185
/ 8,586
▼ 18
Top Industry
Semiconductors
13.1%
3Y Alpha vs SPY
-8.5%
Period ended 3 months ago
Filed May 13, 2026 · 34d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+43.4%
SPY
+78.1%
Annualised alpha
-8.5%
Max drawdown
−21.5%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
508 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
5.8%
−2.8 pts
Top 5
24.5%
−6.9 pts
Top 10
35.5%
−5.0 pts
HHI
177
Diversified−77
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 35.2% | $12,789,529,414 |
| Financial Services | 18.5% | $6,736,319,945 |
| Healthcare | 13.4% | $4,850,414,769 |
| Consumer Cyclical | 9.9% | $3,598,164,838 |
| Industrials | 7.6% | $2,750,502,814 |
| Consumer Defensive | 5.9% | $2,135,233,866 |
| Communication Services | 2.8% | $1,014,673,969 |
| Utilities | 2.4% | $881,085,639 |
| Real Estate | 2.3% | $844,504,126 |
| Basic Materials | 1.6% | $595,403,674 |
| Energy | 0.3% | $113,983,287 |
| Unclassified | 0.1% | $22,771,143 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TSCO | Tractor Supply Co /De/ | +627,740 | 4,775,656 | $216,337,216 | |
| CRTO | Criteo S.A. | +611,999 | 844,174 | $15,136,039 | |
| WMT | Walmart Inc. | +489,655 | 2,826,106 | $351,228,453 | |
| INTC | Intel Corp | +489,516 | 2,893,034 | $127,669,590 | |
| JPM | Jpmorgan Chase & Co | +475,936 | 3,362,145 | $989,008,573 | |
| CSCO | Cisco Systems, Inc. | +440,183 | 2,694,269 | $209,048,331 | |
| TJX | Tjx Companies Inc /De/ | +336,239 | 3,011,334 | $480,910,039 | |
| LLY | ELI LILLY & Co | +286,183 | 1,161,712 | $1,068,507,846 | |
| TYL | Tyler Technologies Inc | +279,586 | 939,990 | $321,833,776 | |
| HBAN | Huntington Bancshares Inc /Md/ | +268,422 | 1,016,985 | $15,915,815 | |
| CBRE | Cbre Group, Inc. | +252,223 | 1,847,031 | $250,198,819 | |
| NFLX | Netflix Inc | +237,728 | 2,770,799 | $266,412,323 | |
| BAC | Bank Of America Corp /De/ | +214,856 | 4,343,196 | $211,730,805 | |
| AVGO | Broadcom Inc. | +207,489 | 5,443,271 | $1,684,746,807 | |
| KO | Coca Cola Co | +177,494 | 2,473,170 | $188,084,578 | |
| AMZN | Amazon Com Inc | +170,027 | 7,547,056 | $1,571,825,353 | |
| V | Visa Inc. | +156,907 | 1,222,792 | $369,576,654 | |
| FITB | Fifth Third Bancorp | +145,109 | 6,749,043 | $313,560,537 | |
| CNH | CNH Industrial N.V. | +137,954 | 599,508 | $6,594,588 | |
| SYK | Stryker Corp | +133,623 | 1,064,632 | $349,827,428 | |
| BRK-B | Berkshire Hathaway Inc | +127,480 | 863,760 | $413,913,792 | |
| PG | PROCTER & GAMBLE Co | +118,381 | 1,679,530 | $242,591,313 | |
| ABBV | AbbVie Inc. | +117,344 | 1,248,938 | $271,631,525 | |
| ENB | Enbridge Inc | +116,473 | 200,290 | $10,843,700 | |
| MCO | Moodys Corp /De/ | +115,107 | 684,104 | $298,440,370 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NVDA | Nvidia Corp | −7,101,152 | 11,820,764 | $2,061,541,241 | |
| AAPL | Apple Inc. | −4,111,272 | 5,891,986 | $1,495,327,126 | |
| MSFT | Microsoft Corp | −1,033,435 | 5,656,313 | $2,093,797,383 | |
| ROL | Rollins Inc | −1,000,241 | 4,261,456 | $227,604,364 | |
| STE | STERIS plc | −936,615 | 77,733 | $17,189,098 | |
| APH | Amphenol Corp /De/ | −306,500 | 1,120,056 | $141,519,075 | |
| ZBRA | Zebra Technologies Corp | −270,547 | 448,257 | $93,721,573 | |
| FERG | Ferguson Enterprises Inc. /DE/ | −211,572 | 1,619,594 | $377,786,496 | |
| PYPL | PayPal Holdings, Inc. | −129,329 | 471,285 | $21,316,220 | |
| BMY | Bristol Myers Squibb Co | −126,143 | 1,323,671 | $80,280,646 | |
| CFG | Citizens Financial Group Inc/Ri | −124,937 | 213,664 | $12,813,430 | |
| BR | Broadridge Financial Solutions, Inc. | −108,759 | 775,505 | $126,004,052 | |
| BSX | Boston Scientific Corp | −93,130 | 896,449 | $56,252,174 | |
| VZ | Verizon Communications Inc | −87,783 | 2,911,647 | $146,164,679 | |
| GLW | Corning Inc /Ny | −70,657 | 736,826 | $100,186,231 | |
| CVS | CVS HEALTH Corp | −69,680 | 660,496 | $47,436,822 | |
| CL | Colgate Palmolive Co | −68,351 | 1,028,399 | $87,650,446 | |
| EL | Estee Lauder Companies Inc | −67,439 | 119,461 | $8,573,715 | |
| MDT | Medtronic plc | −61,212 | 677,528 | $58,707,801 | |
| ED | Consolidated Edison Inc | −61,024 | 398,836 | $45,140,258 | |
| KMI | Kinder Morgan, Inc. | −56,446 | 538,086 | $18,042,023 | |
| NXPI | NXP Semiconductors N.V. | −55,421 | 216,806 | $42,680,429 | |
| CTSH | Cognizant Technology Solutions Corp | −54,478 | 400,640 | $24,579,264 | |
| WMB | Williams Companies, Inc. | −52,794 | 486,823 | $35,430,977 | |
| HPE | Hewlett Packard Enterprise Co | −48,808 | 450,006 | $10,714,642 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
4 positions
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PDD | PDD Holdings Inc. | 380,428 | $43,136,730 | |
| NU | Nu Holdings Ltd. | 1,797,354 | $30,087,705 | |
| BAP | Credicorp Ltd | 36,314 | $10,422,118 | |
| YUMC | Yum China Holdings, Inc. | 197,859 | $9,445,788 | |
| SCCO | Southern Copper Corp/ | 48,338 | $6,880,010 | |
| TME | Tencent Music Entertainment Group | 330,271 | $5,789,650 | |
| HTHT | H World Group Ltd | 115,993 | $5,457,470 | |
| FLUT | Flutter Entertainment plc | 24,120 | $5,186,764 | |
| BZ | Kanzhun Ltd | 221,700 | $4,518,246 | |
| XP | XP Inc. | 212,000 | $3,470,440 | |
| VIPS | Vipshop Holdings Ltd | 187,187 | $3,311,338 | |
| BEPC | Brookfield Renewable Corp | 81,081 | $3,108,645 | |
| BVN | Buenaventura Mining Co Inc | 96,087 | $2,674,101 | |
| TEVA | Teva Pharmaceutical Industries Ltd | 73,038 | $2,279,515 | |
| STNE | StoneCo Ltd. | 132,900 | $1,965,591 | |
| JBL | Jabil Inc | 7,394 | $1,685,979 | |
| FLEX | Flex Ltd. | 22,579 | $1,364,223 | |
| UTHR | UNITED THERAPEUTICS Corp | 2,726 | $1,328,243 | |
| MOS | Mosaic Co | 51,258 | $1,234,805 | |
| QFIN | Qfin Holdings, Inc. | 62,000 | $1,194,740 | |
| FMX | Mexican Economic Development Inc | 9,754 | $985,836 | |
| ATHM | Autohome Inc. | 37,479 | $834,282 | |
| ENTG | Entegris Inc | 9,145 | $770,466 | |
| AMX | America Movil Sab De Cv/ | 26,779 | $553,521 | |
| ZG | Zillow Group, Inc. | 6,847 | $467,170 | |
| No positions match the current search. | ||||
28 positions ·
$2,135,233,866 total
· Consumer Defensive only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 759,919 | $757,206,089 | 35.46% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 2,826,106 | $351,228,453 | 16.45% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 1,679,530 | $242,591,313 | 11.36% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 2,473,170 | $188,084,578 | 8.81% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Added | 982,387 | $152,554,877 | 7.14% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Reduced | 1,028,399 | $87,650,446 | 4.10% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Reduced | 408,810 | $39,437,900 | 1.85% | |
| TGT |
Target Corp
Consumer Defensive
|
Reduced | 230,825 | $27,975,990 | 1.31% | |
| MNST |
Monster Beverage Corp
Consumer Defensive
|
Reduced | 357,624 | $25,913,435 | 1.21% | |
| CCEP |
COCA-COLA EUROPACIFIC PARTNERS plc
Consumer Defensive
|
Reduced | 252,643 | $22,907,140 | 1.07% | |
| KDP |
Keurig Dr Pepper Inc.
Consumer Defensive
|
Reduced | 864,924 | $22,773,448 | 1.07% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 309,375 | $22,386,375 | 1.05% | |
| CHD |
Church & Dwight Co Inc /De/
Consumer Defensive
|
Reduced | 188,885 | $17,626,748 | 0.83% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
Reduced | 241,176 | $17,531,083 | 0.82% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 241,261 | $17,209,147 | 0.81% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
Reduced | 962,108 | $16,586,741 | 0.78% | |
| GIS |
General Mills Inc
Consumer Defensive
|
Reduced | 445,080 | $16,565,877 | 0.78% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Added | 132,038 | $15,676,871 | 0.73% | |
| HSY |
Hershey Co
Consumer Defensive
|
Added | 74,325 | $15,451,424 | 0.72% | |
| DLTR |
Dollar Tree, Inc.
Consumer Defensive
|
Reduced | 124,943 | $13,682,507 | 0.64% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Reduced | 81,594 | $12,239,100 | 0.57% | |
| MKC |
Mccormick & Co Inc
Consumer Defensive
|
Reduced | 196,499 | $9,911,409 | 0.46% | |
| KHC |
Kraft Heinz Co
Consumer Defensive
|
Reduced | 425,155 | $9,561,735 | 0.45% | |
| CLX |
Clorox Co /De/
Consumer Defensive
|
Reduced | 84,850 | $8,793,005 | 0.41% | |
| BG |
Bunge Global SA
Consumer Defensive
|
Reduced | 67,527 | $8,589,434 | 0.40% | |
| EL |
Estee Lauder Companies Inc
Consumer Defensive
|
Reduced | 119,461 | $8,573,715 | 0.40% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
Reduced | 72,552 | $4,181,897 | 0.20% | |
| PRMB |
Primo Brands Corp
Consumer Defensive
|
Added | 124,436 | $2,343,129 | 0.11% |