Q3 2026 13F · SEC CIK 1297731

Pensionfund PDN

Pension fundFiled 2026-10-05 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $170.0M
Reported positions: 72
Top holdings a year, 3 yrs: +9.6%
Average holding period: 8.8 yrs

Pensionfund PDN is a pension fund that reported 72 positions worth $170.0M in its Q3 2026 13F, filed 2026-10-05. Its largest holdings were Prologis Inc (PLD, 9.3%), Welltower Inc (WELL, 8.2%), Equinix Inc (EQIX, 8.0%). A portfolio copying its top holdings returned 9.6% a year over the last 3 years, against 20.4% for the S&P 500.

Pensionfund PDN holdings largest 50 of 72 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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.

Pensionfund PDN 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
PLDPrologis Inc	9.3%	9.0%	122,053	-5.4%	$15.8M
WELLWelltower Inc	8.2%	7.0%	60,253	+0.0%	$13.9M
EQIXEquinix Inc	8.0%	7.7%	13,514	-5.6%	$13.7M
SPGSimon Ppty Group Inc New	4.7%	4.9%	40,208	-5.4%	$8.1M
DLRDigital Rlty Tr Inc	4.7%	4.4%	45,119	-4.2%	$7.9M
ORealty Income Corp.	4.3%	4.5%	134,870	-4.9%	$7.3M
EQRVivmark Residential	3.9%	1.9%	108,906	+101.5%	$6.6M
PSAPublic Storage	3.8%	3.8%	22,631	-3.2%	$6.4M
VTRVentas Inc	3.2%	3.0%	64,179	-3.7%	$5.5M
VICIVici Pptys Inc	2.8%	2.6%	206,000	+9.6%	$4.7M
IRMIron Mtn Inc Del	2.6%	2.8%	40,300	-5.2%	$4.5M
PEAKHealthpeak Properties Inc	2.1%	2.2%	178,473	-11.4%	$3.6M
EXRExtra Space Storage Inc	1.7%	1.7%	21,340	-4.5%	$2.8M
WPCWp Carey Inc	1.6%	1.7%	43,300	-5.5%	$2.8M
ESSEssex Ppty Tr Inc	1.5%	1.6%	9,695	-6.7%	$2.6M
INVHInvitation Homes Inc	1.5%	1.7%	99,110	-7.5%	$2.6M
BRXBrixmor Ppty Group Inc	1.5%	1.6%	90,000	-6.3%	$2.5M
LAMRLamar Advertising Co New Cl A	1.3%	1.4%	15,700	-11.3%	$2.3M
HSTHost Hotels & Resorts Inc	1.3%	1.3%	97,998	-6.7%	$2.2M
NNNNnn REIT Inc	1.2%	1.3%	51,200	-6.4%	$2.1M
AMHAmerican Homes 4 Rent	1.2%	1.3%	66,000	-9.6%	$2.0M
OHIOmega Healthcare Invs Inc	1.2%	1.1%	43,300	-6.5%	$2.0M
CUBECubesmart	1.1%	1.1%	50,000	-7.1%	$1.9M
MAAMid-Amer Apt Cmntys Inc	1.1%	1.2%	15,640	-6.0%	$1.8M
SBRASabra Health Care REIT Inc	1.1%	1.0%	90,730	-7.2%	$1.8M
EPRTEssential Pptys Rlty Tr Inc	1.0%	0.9%	68,500	+13.2%	$1.8M
STAGStag Industrial Inc	1.0%	1.1%	48,880	-9.3%	$1.8M
EPREpr Pptys	1.0%	1.0%	30,962	-6.1%	$1.7M
LTCLtc Pptys Incorporated REIT	1.0%	0.9%	40,500	-9.0%	$1.7M
LXPLxp Industrial Trust	1.0%	0.9%	27,400	-18.0%	$1.7M
GLPIGaming & Leisure P	0.9%	0.9%	40,172	+0.0%	$1.5M
KRGKite Realty Group Trust	0.9%	1.0%	62,500	-7.4%	$1.5M
UMHUmh Pptys Inc	0.9%	0.7%	94,900	+6.7%	$1.5M
KIMKimco Realty Corp	0.9%	0.9%	65,731	+0.0%	$1.5M
BNLBroadstone Net Lease Inc	0.8%	1.0%	77,000	-14.4%	$1.4M
CTRECaretrust REIT Inc	0.8%	0.9%	38,000	-7.3%	$1.4M
UDRUdr Inc	0.8%	0.9%	39,605	-9.2%	$1.3M
COLDAmericold Realty Trust Inc	0.8%	0.8%	92,000	-9.8%	$1.3M
MRPMillrose Pptys Inc	0.8%	0.8%	49,500	+0.0%	$1.3M
CPTCamden Ppty Tr	0.7%	0.9%	13,086	-13.3%	$1.3M
FCPTFour Corners Property Trust	0.7%	0.6%	57,500	+29.2%	$1.3M
NHINational Health Invs Inc	0.7%	—	19,000	—	$1.2M
GTYGetty Rlty Corp New	0.7%	0.8%	43,000	-8.5%	$1.2M
HRHealthcare Rlty Tr	0.6%	0.7%	59,719	-7.7%	$1.1M
CUZCousins Pptys Inc	0.6%	0.6%	36,977	-9.8%	$1.0M
OUTOutfront Media Inc	0.6%	0.7%	34,617	-18.8%	$961K
PECOPhillips Edison & Co Inc	0.6%	0.5%	25,500	+0.0%	$952K
AREAlexandria Real Estate Eq in	0.5%	0.5%	18,700	+0.0%	$888K
BXPBxp Inc	0.5%	—	13,717	—	$838K
APLEApple Hospitality REIT Inc	0.5%	—	50,000	—	$808K

What Pensionfund PDN bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

EQR Vivmark Residential+101.5% shares
FCPT Four Corners Property Trust+29.2% shares
EPRT Essential Pptys Rlty Tr Inc+13.2% shares
VICI Vici Pptys Inc+9.6% shares
UMH Umh Pptys Inc+6.7% shares

Reduced

OUT Outfront Media Inc-18.8% shares
LXP Lxp Industrial Trust-18.0% shares
BNL Broadstone Net Lease Inc-14.4% shares
CPT Camden Ppty Tr-13.3% shares
PEAK Healthpeak Properties Inc-11.4% shares
LAMR Lamar Advertising Co New Cl A-11.3% shares
COLD Americold Realty Trust Inc-9.8% shares
CUZ Cousins Pptys Inc-9.8% shares

Left the top 50

Share counts compared with the Q2 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: +17.2% /yr; S&P 500 +20.1%
3 years: +9.6% /yr; S&P 500 +20.4%
5 years: -0.8% /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
Q3 2026	$170.0M	72
Q2 2026	$194.4M	76
Q1 2026	$172.9M	76
Q4 2025	$151.9M	76
Q3 2025	$154.4M	71
Q2 2025	$148.4M	71
Q1 2025	$151.2M	71
Q4 2024	$160.9M	68
Q3 2024	$218.3M	68
Q2 2024	$188.1M	68
Q1 2024	$186.9M	70
Q4 2023	$165.9M	71

Questions about Pensionfund PDN's portfolio

What stocks does Pensionfund PDN own?

Pensionfund PDN's latest 13F, for Q3 2026 and filed Oct 5, 2026, lists 72 positions worth $170.0M. The largest are Prologis Inc (PLD) at 9.3%, Welltower Inc (WELL) at 8.2%, Equinix Inc (EQIX) at 8.0%, Simon Ppty Group Inc New (SPG) at 4.7% and Digital Rlty Tr Inc (DLR) at 4.7%.

What did Pensionfund PDN buy last quarter?

In Q3 2026, Pensionfund PDN added Vivmark Residential (EQR) (+101.5% shares), Four Corners Property Trust (FCPT) (+29.2% shares) and Essential Pptys Rlty Tr Inc (EPRT) (+13.2% shares), compared with its Q2 2026 filing.

What did Pensionfund PDN sell last quarter?

In Q3 2026, Pensionfund PDN cut from its top 50 AvalonBay Communities Inc (AVB), cut from its top 50 Sila Realty Trust Inc (SILA), cut from its top 50 Chiron Real Estate Inc (XRN), Outfront Media Inc (OUT) (-18.8% shares), Lxp Industrial Trust (LXP) (-18.0% shares) and Broadstone Net Lease Inc (BNL) (-14.4% shares), compared with its Q2 2026 filing.

How has Pensionfund PDN's portfolio performed?

A portfolio copying Pensionfund PDN's 20 largest 13F holdings each quarter, from the day each filing was public, returned +9.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.2% against +20.1%. Over 5 years: -0.8% a year against +11.6%.

When is Pensionfund PDN's next 13F filing due?

13F filings are due 45 days after each quarter ends. Pensionfund PDN's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.