APG Asset Management N.V. — 13F holdings

APG Asset Management N.V. reported 493 holdings worth $40.7B in its 13F filing for Q2 2026, filed August 12, 2026. That's up 29.0% from $31.6B in Q1 2026, when it reported 513 holdings. Its 10 largest positions make up 34.1% of the portfolio.

APG Asset Management N.V.'s largest positions in Q2 2026

1. NVDA NVIDIA CORPORATION — $1.92B (4.7%) · cut 7%
2. AAPL APPLE INC — $1.87B (4.6%) · added 25%
3. MSFT MICROSOFT CORP — $1.80B (4.4%) · cut 2%
4. AVGO BROADCOM INC — $1.63B (4.0%) · cut 9%
5. AMZN AMAZON COM INC — $1.52B (3.7%) · cut 3%
6. MU MICRON TECHNOLOGY INC — $1.46B (3.6%) · added 92%
7. LLY ELI LILLY & CO — $1.27B (3.1%) · added 4%
8. JPM JPMorgan Chase & Co. — $1.02B (2.5%) · added 6%
9. AMD ADVANCED MICRO DEVICES INC — $816M (2.0%) · added 70%
10. INTC Intel Corp — $576M (1.4%) · added 63%
11. MA MASTERCARD INCORPORATED — $564M (1.4%) · cut 11%
12. BRK.B BERKSHIRE HATHAWAY INC DEL — $550M (1.4%) · added 45%
13. COST COSTCO WHSL CORP NEW — $528M (1.3%) · cut 15%
14. V VISA INC — $481M (1.2%) · added 31%
15. WMT Walmart Inc — $453M (1.1%) · added 62%
16. AMAT APPLIED MATLS INC — $440M (1.1%) · added 35%
17. LRCX LAM RESEARCH CORP — $423M (1.0%) · added 34%
18. CSCO CISCO SYS INC — $374M (0.9%) · added 35%
19. ABBV ABBVIE INC — $355M (0.9%) · added 29%
20. GLW CORNING INC — $344M (0.8%) · added 109%

What APG Asset Management N.V. bought in Q2 2026

18 new positions and 401 positions added to.

1. MU MICRON TECHNOLOGY INC — added, about $701M
2. AAPL APPLE INC — added, about $376M
3. AMD ADVANCED MICRO DEVICES INC — added, about $335M
4. INTC Intel Corp — added, about $223M
5. SNDK SANDISK CORP — new position, about $210M
6. GLW CORNING INC — added, about $179M
7. WMT Walmart Inc — added, about $174M
8. SPOT SPOTIFY TECHNOLOGY S A — added, about $173M
9. BRK.B BERKSHIRE HATHAWAY INC DEL — added, about $172M
10. V VISA INC — added, about $115M

What APG Asset Management N.V. sold in Q2 2026

38 positions sold out and 71 reduced.

1. WST WEST PHARMACEUTICAL SVSC INC — cut 56%, about $222M
2. CDNS CADENCE DESIGN SYSTEM INC — cut 45%, about $208M
3. JKHY HENRY JACK & ASSOC INC — cut 97%, about $182M
4. FERG FERGUSON ENTERPRISES INC — cut 51%, about $171M
5. AVGO BROADCOM INC — cut 9%, about $170M
6. AJG GALLAGHER ARTHUR J & CO — cut 64%, about $151M
7. NVDA NVIDIA CORPORATION — cut 7%, about $150M
8. TMO THERMO FISHER SCIENTIFIC INC — cut 35%, about $142M
9. CBRE CBRE GROUP INC — cut 64%, about $138M
10. TYL TYLER TECHNOLOGIES INC — cut 55%, about $133M

APG Asset Management N.V. portfolio value by quarter

• Q2 2026: $40.7B in 493 holdings
• Q1 2026: $31.6B in 513 holdings
• Q4 2025: $35.2B in 540 holdings
• Q3 2025: $35.6B in 528 holdings
• Q2 2025: $33.8B in 539 holdings
• Q1 2025: $32.2B in 548 holdings
• Q4 2024: $35.9B in 548 holdings

What does APG Asset Management N.V. own?

Its largest positions in Q2 2026 were NVDA, AAPL, MSFT, AVGO, AMZN, out of 493 holdings worth $40.7B.

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

In Q2 2026 it opened 18 new positions and added to 401; the largest buys were MU, AAPL, AMD.

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

In Q2 2026 it sold out of 38 positions and reduced 71, including AEP, CVNA, AMCOR PLC.