Filed: 2/12/2026ACC: 0001434819-26-000003
📋 What this filing means
APG ASSET MANAGEMENT N.V. filed this quarterly 13F‑HR report disclosing 540 equity positions with a total reported market value of $35.23B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
540
Positions
$35.23B
Total AUM (reported)
257.31M
Total Shares
Allocation by class
COM$29.38B83.4%
CL A$1.67B4.7%
COM NEW$1.10B3.1%
COM CL A$528.36M1.5%
SHS$464.17M1.3%
COM SHS$370.87M1.1%
COMMON STOCK NEW$347.12M1.0%
Portfolio Concentration
Top 3$8.08B22.9%
4–10$6.17B17.5%
11–25$4.49B12.7%
Rest$16.50B46.8%
Top 3 weight
22.9%
Top 10 weight
40.4%
Voting Authority Distribution
Total shares with voting rights: 257.31M
Sole
Full voting authority
257.31M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other540
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings540
Rows:
NVIDIA CORPORATION
DFNDShares18.92M
TypeSH
Market value$3.00B
8.53%
Sole
18.92M
Shared
0.00
None
0.00
MICROSOFT CORP
DFNDShares6.69M
TypeSH
Market value$2.75B
7.82%
Sole
6.69M
Shared
0.00
None
0.00
APPLE INC
DFNDShares10M
TypeSH
Market value$2.32B
6.57%
Sole
10M
Shared
0.00
None
0.00
BROADCOM INC
DFNDShares5.24M
TypeSH
Market value$1.54B
4.38%
Sole
5.24M
Shared
0.00
None
0.00
AMAZON COM INC
DFNDShares7.38M
TypeSH
Market value$1.45B
4.11%
Sole
7.38M
Shared
0.00
None
0.00
ELI LILLY & CO
DFNDShares875.53K
TypeSH
Market value$801.15M
2.27%
Sole
875.53K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
DFNDShares2.89M
TypeSH
Market value$791.86M
2.25%
Sole
2.89M
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
DFNDShares1.32M
TypeSH
Market value$640.45M
1.82%
Sole
1.32M
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
DFNDShares671.88K
TypeSH
Market value$493.33M
1.40%
Sole
671.88K
Shared
0.00
None
0.00
THERMO FISHER SCIENTIFIC INC
DFNDShares906.93K
TypeSH
Market value$447.46M
1.27%
Sole
906.93K
Shared
0.00
None
0.00
CADENCE DESIGN SYSTEM INC
DFNDShares1.39M
TypeSH
Market value$370.73M
1.05%
Sole
1.39M
Shared
0.00
None
0.00
TJX COS INC NEW
DFNDShares2.68M
TypeSH
Market value$349.88M
0.99%
Sole
2.68M
Shared
0.00
None
0.00
FERGUSON ENTERPRISES INC
DFNDShares1.83M
TypeSH
Market value$347.12M
0.99%
Sole
1.83M
Shared
0.00
None
0.00
INTUITIVE SURGICAL INC
DFNDShares686.52K
TypeSH
Market value$331.07M
0.94%
Sole
686.52K
Shared
0.00
None
0.00
VISA INC
DFNDShares1.07M
TypeSH
Market value$318.29M
0.90%
Sole
1.07M
Shared
0.00
None
0.00
PROGRESSIVE CORP
DFNDShares1.63M
TypeSH
Market value$316.44M
0.90%
Sole
1.63M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
DFNDShares736.28K
TypeSH
Market value$315.12M
0.89%
Sole
736.28K
Shared
0.00
None
0.00
ARISTA NETWORKS INC
DFNDShares2.55M
TypeSH
Market value$284.82M
0.81%
Sole
2.55M
Shared
0.00
None
0.00
WEST PHARMACEUTICAL SVSC INC
DFNDShares1.20M
TypeSH
Market value$280.89M
0.80%
Sole
1.20M
Shared
0.00
None
0.00
STRYKER CORPORATION
DFNDShares931.01K
TypeSH
Market value$278.62M
0.79%
Sole
931.01K
Shared
0.00
None
0.00
ROLLINS INC
DFNDShares5.26M
TypeSH
Market value$268.90M
0.76%
Sole
5.26M
Shared
0.00
None
0.00
FIFTH THIRD BANCORP
DFNDShares6.60M
TypeSH
Market value$263.21M
0.75%
Sole
6.60M
Shared
0.00
None
0.00
GALLAGHER ARTHUR J & CO
DFNDShares1.18M
TypeSH
Market value$260.64M
0.74%
Sole
1.18M
Shared
0.00
None
0.00
TYLER TECHNOLOGIES INC
DFNDShares660.40K
TypeSH
Market value$255.26M
0.72%
Sole
660.40K
Shared
0.00
None
0.00
MOODYS CORP
DFNDShares569K
TypeSH
Market value$247.50M
0.70%
Sole
569K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONDFND | COM | 18.92M | SH | $3.00B 8.53% | 18.92M | 0.00 | 0.00 |
MICROSOFT CORPDFND | COM | 6.69M | SH | $2.75B 7.82% | 6.69M | 0.00 | 0.00 |
APPLE INCDFND | COM | 10M | SH | $2.32B 6.57% | 10M | 0.00 | 0.00 |
BROADCOM INCDFND | COM | 5.24M | SH | $1.54B 4.38% | 5.24M | 0.00 | 0.00 |
AMAZON COM INCDFND | COM | 7.38M | SH | $1.45B 4.11% | 7.38M | 0.00 | 0.00 |
ELI LILLY & CODFND | COM | 875.53K | SH | $801.15M 2.27% | 875.53K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.DFND | COM | 2.89M | SH | $791.86M 2.25% | 2.89M | 0.00 | 0.00 |
MASTERCARD INCORPORATEDDFND | CL A | 1.32M | SH | $640.45M 1.82% | 1.32M | 0.00 | 0.00 |
COSTCO WHSL CORP NEWDFND | COM | 671.88K | SH | $493.33M 1.40% | 671.88K | 0.00 | 0.00 |
THERMO FISHER SCIENTIFIC INCDFND | COM | 906.93K | SH | $447.46M 1.27% | 906.93K | 0.00 | 0.00 |
CADENCE DESIGN SYSTEM INCDFND | COM | 1.39M | SH | $370.73M 1.05% | 1.39M | 0.00 | 0.00 |
TJX COS INC NEWDFND | COM | 2.68M | SH | $349.88M 0.99% | 2.68M | 0.00 | 0.00 |
FERGUSON ENTERPRISES INCDFND | COMMON STOCK NEW | 1.83M | SH | $347.12M 0.99% | 1.83M | 0.00 | 0.00 |
INTUITIVE SURGICAL INCDFND | COM NEW | 686.52K | SH | $331.07M 0.94% | 686.52K | 0.00 | 0.00 |
VISA INCDFND | COM CL A | 1.07M | SH | $318.29M 0.90% | 1.07M | 0.00 | 0.00 |
PROGRESSIVE CORPDFND | COM | 1.63M | SH | $316.44M 0.90% | 1.63M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELDFND | CL B NEW | 736.28K | SH | $315.12M 0.89% | 736.28K | 0.00 | 0.00 |
ARISTA NETWORKS INCDFND | COM SHS | 2.55M | SH | $284.82M 0.81% | 2.55M | 0.00 | 0.00 |
WEST PHARMACEUTICAL SVSC INCDFND | COM | 1.20M | SH | $280.89M 0.80% | 1.20M | 0.00 | 0.00 |
STRYKER CORPORATIONDFND | COM | 931.01K | SH | $278.62M 0.79% | 931.01K | 0.00 | 0.00 |
ROLLINS INCDFND | COM | 5.26M | SH | $268.90M 0.76% | 5.26M | 0.00 | 0.00 |
FIFTH THIRD BANCORPDFND | COM | 6.60M | SH | $263.21M 0.75% | 6.60M | 0.00 | 0.00 |
GALLAGHER ARTHUR J & CODFND | COM | 1.18M | SH | $260.64M 0.74% | 1.18M | 0.00 | 0.00 |
TYLER TECHNOLOGIES INCDFND | COM | 660.40K | SH | $255.26M 0.72% | 660.40K | 0.00 | 0.00 |
MOODYS CORPDFND | COM | 569K | SH | $247.50M 0.70% | 569K | 0.00 | 0.00 |
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