Q2 2026 13F · SEC CIK 1434819

APG Asset Management N.V.

Asset managerFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $40.7B
Reported positions: 493
Top holdings a year, 3 yrs: +14.2%
Average holding period: 7.2 yrs

APG Asset Management N.V. is an asset manager that reported 493 positions worth $40.7B in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Nvidia Corporation (NVDA, 4.7%), Apple Inc (AAPL, 4.6%), Microsoft Corp (MSFT, 4.4%). A portfolio copying its top holdings returned 14.2% a year over the last 3 years, against 20.4% for the S&P 500.

APG Asset Management N.V. holdings largest 50 of 493 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

APG Asset Management N.V. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	4.7%	5.7%	10,963,644	-7.3%	$1.9B
AAPLApple Inc	4.6%	4.1%	7,377,107	+25.2%	$1.9B
MSFTMicrosoft Corp	4.4%	5.8%	5,525,436	-2.3%	$1.8B
AVGOBroadcom Inc	4.0%	4.6%	4,928,833	-9.5%	$1.6B
AMZNAmazon Com Inc	3.7%	4.3%	7,314,985	-3.1%	$1.5B
MUMicron Technology Inc	3.6%	0.7%	1,445,196	+92.4%	$1.5B
LLYEli Lilly & Co	3.1%	2.9%	1,210,321	+4.2%	$1.3B
JPMJpmorgan Chase & Co	2.5%	2.7%	3,554,331	+5.7%	$1.0B
AMDAdvanced Micro Devices Inc	2.0%	0.5%	1,606,963	+69.6%	$816.5M
INTCIntel Corp	1.4%	—	4,718,628	—	$576.3M
MAMastercard Incorporated	1.4%	1.9%	1,254,871	-11.4%	$563.7M
BRK-BBerkshire Hathaway Inc Del	1.4%	1.1%	1,256,456	+45.5%	$549.9M
COSTCostco Wholesale Corporation	1.3%	2.1%	645,893	-15.0%	$528.5M
VVisa Inc	1.2%	1.0%	1,604,485	+31.2%	$481.5M
WMTWalmart Inc	1.1%	1.0%	4,577,575	+62.0%	$453.5M
AMATApplied Matls Inc	1.1%	0.5%	695,240	+35.1%	$439.7M
LRCXLam Research Corp	1.0%	0.5%	1,116,451	+34.1%	$423.2M
CSCOCisco Sys Inc	0.9%	0.6%	3,637,867	+35.0%	$373.7M
ABBVAbbvie Inc	0.9%	0.7%	1,613,385	+29.2%	$355.1M
GLWCorning Inc	0.8%	—	1,537,554	—	$343.5M
ANETArista Networks Inc	0.8%	0.9%	2,174,709	-14.1%	$323.1M
KLACKla Corp	0.8%	—	1,169,445	—	$308.6M
GEGe Aerospace	0.8%	0.6%	942,446	+27.1%	$308.1M
BACBank of Amer Corp	0.7%	0.6%	5,954,499	+37.1%	$296.8M
TJXTjx Cos Inc New	0.7%	1.3%	2,186,625	-27.4%	$289.8M
UNHUnitedhealth Group Inc	0.7%	0.4%	793,553	+39.5%	$288.5M
HDHome Depot Inc	0.7%	0.7%	907,144	+24.7%	$279.8M
PGProcter & Gamble Co	0.7%	0.7%	2,125,614	+26.6%	$272.6M
TMOThermo Fisher Scientific Inc	0.7%	1.3%	607,825	-34.8%	$266.5M
CDNSCadence Design System Inc	0.6%	1.1%	788,610	-44.5%	$258.9M
MRKMerck & Co Inc	0.6%	0.6%	2,259,422	+32.3%	$253.9M
KOCoca Cola Co	0.6%	0.5%	3,495,710	+41.3%	$248.5M
NFLXNetflix Inc.	0.6%	0.7%	3,643,985	+31.5%	$227.6M
PGRProgressive Corp	0.6%	0.9%	1,172,974	-30.3%	$224.1M
GSGoldman Sachs Group Inc	0.5%	0.4%	249,833	+39.5%	$221.0M
SPOTSpotify Technology SA	0.5%	—	530,872	—	$213.2M
RYRoyal Bk Cda	0.5%	—	1,174,215	—	$212.6M
SNDKSandisk Corp	0.5%	—	105,465	—	$209.7M
FITBFifth Third Bancorp	0.5%	0.9%	4,191,192	-37.9%	$206.6M
LINLinde PLC	0.5%	0.5%	452,991	+24.8%	$205.6M
PANWPalo Alto Networks Inc	0.5%	—	680,760	—	$203.1M
TXNTexas Instrs Inc	0.5%	—	767,401	—	$200.1M
SYKStryker Corporation	0.5%	1.0%	716,904	-32.7%	$197.4M
MSMorgan Stanley	0.5%	—	1,033,824	—	$189.0M
APHAmphenol Corp	0.5%	—	1,223,781	—	$188.7M
ORCLOracle Corp	0.5%	0.4%	1,464,351	+39.8%	$187.7M
ISRGIntuitive Surgical Inc	0.5%	0.9%	533,954	-24.7%	$185.7M
WFCWells Fargo & Co	0.4%	—	2,472,339	—	$178.7M
CCitigroup Inc	0.4%	—	1,450,663	—	$177.6M
WSTWest Pharmaceutical Svsc Inc	0.4%	0.9%	560,582	-55.8%	$176.0M

What APG Asset Management N.V. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +11.6% /yr; S&P 500 +20.1%
3 years: +14.2% /yr; S&P 500 +20.4%
5 years: +8.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$40.7B	493
Q1 2026	$31.6B	513
Q4 2025	$35.2B	540
Q3 2025	$35.6B	528
Q2 2025	$33.8B	539
Q1 2025	$32.2B	548
Q4 2024	$35.9B	548
Q3 2024	$15.1B	407
Q2 2024	$56.1B	650
Q1 2024	$57.1B	716
Q4 2023	$51.3B	717
Q3 2023	$48.9B	735

Questions about APG Asset Management N.V.'s portfolio

What stocks does APG Asset Management N.V. own?

APG Asset Management N.V.'s latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 493 positions worth $40.7B. The largest are Nvidia Corporation (NVDA) at 4.7%, Apple Inc (AAPL) at 4.6%, Microsoft Corp (MSFT) at 4.4%, Broadcom Inc (AVGO) at 4.0% and Amazon Com Inc (AMZN) at 3.7%.

What did APG Asset Management N.V. buy last quarter?

In Q2 2026, APG Asset Management N.V. added Micron Technology Inc (MU) (+92.4% shares), Advanced Micro Devices Inc (AMD) (+69.6% shares) and Walmart Inc (WMT) (+62.0% shares), compared with its Q1 2026 filing.

What did APG Asset Management N.V. sell last quarter?

In Q2 2026, APG Asset Management N.V. cut from its top 50 Ferguson Enterprises Inc Common Stock Ne (FERG), cut from its top 50 Tyler Technologies Inc (TYL), cut from its top 50 Moodys Corp (MCO), cut from its top 50 Gallagher Arthur J & Co (AJG), cut from its top 50 Cbre Group Inc (CBRE), West Pharmaceutical Svsc Inc (WST) (-55.8% shares), Cadence Design System Inc (CDNS) (-44.5% shares) and Fifth Third Bancorp (FITB) (-37.9% shares), compared with its Q1 2026 filing.

How has APG Asset Management N.V.'s portfolio performed?

A portfolio copying APG Asset Management N.V.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +14.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +11.6% against +20.1%. Over 5 years: +8.8% a year against +11.6%.

When is APG Asset Management N.V.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. APG Asset Management N.V.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.