1y return+10.3%S&P 500 +20.9%
3y return+41.1%S&P 500 +68.5%
5y return+42.4%S&P 500 +74.5%
10y return+149.9%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $250 against $357 in the S&P 500.2
APG Asset Management N.V.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $1.9B | 4.7% | −7.3% |
| AAPLApple Inc | $1.9B | 4.6% | +25.2% |
| MSFTMicrosoft Corp | $1.8B | 4.4% | −2.3% |
| AVGOBroadcom Inc | $1.6B | 4.0% | −9.5% |
| AMZNAmazon Com Inc | $1.5B | 3.7% | −3.1% |
| MUMicron Technology Inc | $1.5B | 3.6% | +92.4% |
| LLYEli Lilly & Co | $1.3B | 3.1% | +4.2% |
| JPMJpmorgan Chase & Co | $1.0B | 2.5% | +5.7% |
| AMDAdvanced Micro Devices Inc | $816.5M | 2.0% | +69.6% |
| INTCIntel Corp | $576.3M | 1.4% | +63.1% |
| MAMastercard Incorporated | $563.7M | 1.4% | −11.4% |
| BRK/BBerkshire Hathaway Inc Del | $549.9M | 1.4% | +45.5% |
| COSTCostco Wholesale Corporation | $528.5M | 1.3% | −15.0% |
| VVisa Inc | $481.5M | 1.2% | +31.2% |
| WMTWalmart Inc | $453.5M | 1.1% | +62.0% |
| AMATApplied Matls Inc | $439.7M | 1.1% | +35.1% |
| LRCXLam Research Corp | $423.2M | 1.0% | +34.1% |
| CSCOCisco Sys Inc | $373.7M | 0.9% | +35.0% |
| ABBVAbbvie Inc | $355.1M | 0.9% | +29.2% |
| GLWCorning Inc | $343.5M | 0.8% | +108.7% |
| ANETArista Networks Inc | $323.1M | 0.8% | −14.1% |
| KLACKla Corp | $308.6M | 0.8% | +1207.2% |
| GEGe Aerospace | $308.1M | 0.8% | +27.1% |
| BACBank Of Amer Corp | $296.8M | 0.7% | +37.1% |
| TJXTjx Cos Inc New | $289.8M | 0.7% | −27.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $1.9B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $1.6B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $439.7M |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $816.5M |
| GLWCorning Inc | June 30, 2020 | +886.1% | $343.5M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $1.3B |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $423.2M |
| GSGoldman Sachs Group Inc | June 30, 2020 | +411.8% | $221.0M |
| CDNSCadence Design System Inc | June 30, 2020 | +291.1% | $258.9M |
| GEGe Aerospace | September 30, 2021 | +262.7% | $308.1M |
Sold off last quarter
- AEPAmerican Elec Pwr Co Inc was $34.6M
- CVNACarvana Co was $19.8M
- MSTRStrategy Inc was $14.5M
- Amcor PLCCUSIP G0250X107 was $12.6M
- Thomson Reuters CorpCUSIP 884903808 was $9.6M
- Hologic IncCUSIP 436440101 was $9.1M
- BAMBrookfield Asset Managmt Ltd was $8.8M
- BAHBooz Allen Hamilton Hldg Cor was $6.9M
- Viking Holdings LtdCUSIP G93A5A101 was $5.7M
- PINSPinterest Inc was $5.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.4% | +14.8% |
| March 31, 2026 | −7.3% | −4.6% |
| December 31, 2025 | +1.1% | +2.4% |
| September 30, 2025 | +5.7% | +7.8% |
| June 30, 2025 | +10.4% | +10.5% |
| March 31, 2025 | −4.4% | −4.6% |
| December 31, 2024 | −2.7% | +2.1% |
| September 30, 2024 | +6.6% | +5.4% |
| June 30, 2024 | +1.4% | +4.0% |
| March 31, 2024 | +8.3% | +10.0% |
| December 31, 2023 | +11.4% | +11.2% |
| September 30, 2023 | −4.4% | −3.6% |
| June 30, 2023 | +8.6% | +8.3% |
| March 31, 2023 | +6.8% | +7.0% |
| December 31, 2022 | +5.3% | +7.1% |
| September 30, 2022 | −4.9% | −5.3% |
| June 30, 2022 | −14.8% | −16.5% |
| March 31, 2022 | −6.2% | −4.9% |
| December 31, 2021 | +9.7% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: APG Asset Management N.V. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1434819&type=13F-HR&dateb=&owner=include&count=40CIK 1434819
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1434819/000143481926000007/Filed August 12, 2026 · accession 0001434819-26-000007