1y return+12.0%S&P 500 +20.9%
3y return+17.1%S&P 500 +68.5%
5y return−0.9%S&P 500 +74.5%
10y return+12.6%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: $113 against $357 in the S&P 500.2
APG Asset Management US Inc.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 |
|---|---|---|---|
| PLDPrologis Inc. | $2.6B | 18.5% | |
| DLRDigital Rlty Tr Inc | $1.5B | 10.7% | |
| EQIXEquinix Inc | $1.2B | 8.5% | |
| VTRVentas Inc | $1.0B | 7.1% | |
| VMRKEquity Residential | $745.1M | 5.2% | |
| PSAPublic Storage | $679.5M | 4.8% | |
| HYGIshares Tr | $570.3M | 4.0% | +15.6% |
| ORealty Income Corp | $551.5M | 3.9% | |
| BXPBxp Inc | $489.9M | 3.4% | |
| INVHInvitation Homes Inc | $484.8M | 3.4% | |
| MAAMid-amer Apt Cmntys Inc | $432.4M | 3.0% | |
| EXRExtra Space Storage Inc | $404.8M | 2.8% | |
| WELLWelltower Inc | $389.6M | 2.7% | |
| AREAlexandria Real Estate Eq In | $370.1M | 2.6% | |
| KIMKimco Realty Corp | $370.1M | 2.6% | |
| CUZCousins Pptys Inc | $224.5M | 1.6% | |
| HRHealthcare Rlty Tr | $207.4M | 1.5% | |
| REGRegency Ctrs Corp | $205.9M | 1.4% | |
| COLDAmericold Realty Trust Inc | $205.4M | 1.4% | |
| SPGSimon Ppty Group Inc New | $199.1M | 1.4% | +1.4% |
| KRCKilroy Realty Corp | $184.1M | 1.3% | |
| IRMIron Mtn Inc Del | $85.8M | 0.6% | |
| LQDIshares Tr | $85.3M | 0.6% | +12.6% |
| VICIVici Pptys Inc | $74.8M | 0.5% | |
| Avalonbay Cmntys IncCUSIP 053484101 | $67.9M | 0.5% |
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 |
|---|---|---|---|
| RHPRyman Hospitality Pptys Inc | September 30, 2020 | +249.3% | $26.9M |
| SPGSimon Ppty Group Inc New | June 30, 2020 | +227.1% | $199.1M |
| WELLWelltower Inc | March 31, 2023 | +216.6% | $389.6M |
| VTRVentas Inc | June 30, 2020 | +142.5% | $1.0B |
| KIMKimco Realty Corp | June 30, 2020 | +97.4% | $370.1M |
| REGRegency Ctrs Corp | June 30, 2020 | +73.8% | $205.9M |
| PSAPublic Storage | June 30, 2020 | +65.9% | $679.5M |
| EXRExtra Space Storage Inc | June 30, 2020 | +57.3% | $404.8M |
| EQIXEquinix Inc | June 30, 2020 | +48.4% | $1.2B |
| PLDPrologis Inc. | June 30, 2020 | +45.2% | $2.6B |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.1% | +14.8% |
| March 31, 2026 | +3.1% | −4.6% |
| December 31, 2025 | −3.0% | +2.4% |
| September 30, 2025 | +2.6% | +7.8% |
| June 30, 2025 | −2.1% | +10.5% |
| March 31, 2025 | −2.0% | −4.6% |
| December 31, 2024 | −7.0% | +2.1% |
| September 30, 2024 | +10.6% | +5.4% |
| June 30, 2024 | +0.2% | +4.0% |
| March 31, 2024 | +0.0% | +10.0% |
| December 31, 2023 | +14.8% | +11.2% |
| September 30, 2023 | −7.9% | −3.6% |
| June 30, 2023 | +2.5% | +8.3% |
| March 31, 2023 | +0.5% | +7.0% |
| December 31, 2022 | +3.1% | +7.1% |
| September 30, 2022 | −12.1% | −5.3% |
| June 30, 2022 | −18.6% | −16.5% |
| March 31, 2022 | −4.7% | −4.9% |
| December 31, 2021 | +16.7% | +10.7% |
| September 30, 2021 | +0.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: APG Asset Management US Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1323255&type=13F-HR&dateb=&owner=include&count=40CIK 1323255
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1323255/000132325526000010/Filed August 12, 2026 · accession 0001323255-26-000010