AEGON USA Investment Management, LLC

Registered adviser

CIK

1454937

Location

CEDAR RAPIDS, IA

Portfolio Value

Small $115,841,846

Diversification

Highly concentrated

Reports for

TRANSAMERICA CORP

Filing Date

Global Rank

#8,110 / 8,819 ▼ 36

Top Industry

Medical Care Facilities 45.2%

Period ended 4 months ago

Filed Jul 17, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 114537

Roster of Oct 1, 2026

Regulatory AUM

$88,799,180,145

Main clients

Insurance companies (70% of AUM)

Private funds

19 funds · Securitized asset funds

Focus by fund count, roster of Oct 1, 2026

$7,692,687,042 gross assets

LEI

4DJIF67XTB552L0E3L78

Private funds on Schedule D 7.B.(1)

As filed Mar 26, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$7,393,210,500 gross assets in 17 funds Securitized asset funds $5,638,843,390 (13) Other private funds $1,408,685,931 (2) Private equity funds $345,681,179 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$88,799,180,145	Insurance companies (70%)
Dec 2025 to Mar 2026	$91,033,107,847	Insurance companies (67%)
Apr 2025 to Sep 2025	$86,310,065,074	Insurance companies (67%)
Apr 2024 to Mar 2025	$88,549,358,554	Insurance companies (65%)
Dec 2023 to Mar 2024	$87,349,594,698	Insurance companies (69%)
May 2023 to Nov 2023	$87,349,594,698	Insurance companies (69%)

5 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 98.4% of the book (60%+)

Turnover

Low turnover

5.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 24.3 quarters (12+), a floor since 90.6% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 97.4%; sector active share 80.1% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

20 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

88.1%

−0.4 pts

Top 5

95.6%

−0.4 pts

Top 10

98.4%

−0.2 pts

HHI

7,790

Highly concentrated−66

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	93.0%	$107,699,872	7
Healthcare	3.2%	$3,677,237	1
Financial Services	2.0%	$2,360,802	7
Real Estate	0.8%	$970,921	1
Utilities	0.6%	$722,722	1
Communication Services	0.3%	$321,642	2
Industrials	0.1%	$88,650	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
WW	Ww International, Inc.	+26,463	230,115	$3,677,237
BKLN	Invesco Ltd.	+14,000	45,500	$926,835
VUG	VANGUARD GROWTH INDEX FUND	+3,485	4,442	$382,633
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
HFRO	Highland Opportunities & Income Fund	−31,812	47,619	$339,523
IHRT	iHeartMedia, Inc.	−21,764	25,000	$107,250
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−5,116	274,915	$101,729,546
SPHQ	Invesco S&P 500 Quality ETF	−650	4,270	$384,727
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	−602	39,665	$2,911,807
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
OPI	Office Properties Income Trust	57,113	$970,921
VVR	Invesco Senior Income Trust	35,749	$107,247
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

20 tracked positions · $115,841,846 total · filing declares 42 positions · $139,692,195 · as of Jun 30, 2026

All sectors Communication Services Financial Services Healthcare Industrials Real Estate Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	274,915	-5,116	$101,729,546	+13.2%	26+	before history	87.82%
WW	Ww International, Inc. Healthcare	Added	230,115	+26,463	$3,677,237	+31.4%	4	$30.82	3.17%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Reduced	39,665	-602	$2,911,807	−1.8%	26+	before history	2.51%
SRLN	State Street(R) Blackstone Senior Loan ETF	Held	26,300	0	$1,059,627	+0.4%	24	$41.62	0.91%
OPI	Office Properties Income Trust Real Estate	NEW	57,113	NEW	$970,921	NEW	1	unpriced	0.84%
BKLN	Invesco Ltd. Financial Services	Added	45,500	+14,000	$926,835	+44.2%	11	$20.83	0.80%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Held	13,500	0	$785,700	−0.6%	10	$58.22	0.68%
SOMN	Southern Co Utilities	Held	14,530	0	$722,722	−3.2%	2	$51.51	0.62%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Held	5,575	0	$445,832	+0.5%	13	unpriced	0.38%
SPHQ	Invesco S&P 500 Quality ETF	Reduced	4,270	-650	$384,727	+4.0%	8	$65.29	0.33%
VUG	VANGUARD GROWTH INDEX FUND	Added	4,442	+3,485	$382,633	−8.5%	8	unpriced	0.33%
HFRO	Highland Opportunities & Income Fund Financial Services	Reduced	47,619	-31,812	$339,523	−25.1%	10	$6.39	0.29%
HYT	Blackrock Corporate High Yield Fund, Inc. Financial Services	Held	35,000	0	$299,600	+0.5%	3	$9.09	0.26%
EFR	Eaton Vance Senior Floating-Rate Trust Financial Services	Held	24,120	0	$255,672	+0.6%	5	$11.57	0.22%
HIX	Western Asset High Income Fund II Inc. Financial Services	Held	60,614	0	$240,031	−0.5%	10	$4.57	0.21%
CCO	Clear Channel Outdoor Holdings, Inc. Communication Services	Held	88,592	0	$214,392	+2.1%	26+	before history	0.19%
EFT	Eaton Vance Floating-Rate Income Trust Financial Services	Held	17,768	0	$191,894	+0.7%	3	$11.46	0.17%
IHRT	iHeartMedia, Inc. Communication Services	Reduced	25,000	-21,764	$107,250	−21.5%	26+	before history	0.09%
VVR	Invesco Senior Income Trust Financial Services	NEW	35,749	NEW	$107,247	NEW	1	$3.06	0.09%
EAF	Graftech International Ltd Industrials	Held	15,000	0	$88,650	−12.8%	2	$10.57	0.08%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.