Filed: 5/14/2025ACC: 0001323255-25-000015
📋 What this filing means
APG ASSET MANAGEMENT US INC. filed this quarterly 13F‑HR report disclosing 203 equity positions with a total reported market value of $13.05B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
203
Positions
$13.05B
Total AUM (reported)
188.97M
Total Shares
Allocation by class
COM$11.14B85.3%
SH BEN INT$848.97M6.5%
IBOXX HI YD ETF$368.70M2.8%
COM NEW$240.68M1.8%
CL A COM$173.97M1.3%
IBOXX INV CP ETF$109.20M0.8%
SH BEN INT NEW$37.07M0.3%
Portfolio Concentration
Top 3$4.42B33.8%
4–10$4.47B34.2%
11–25$3.13B24.0%
Rest$1.04B8.0%
Top 3 weight
33.8%
Top 10 weight
68.1%
Voting Authority Distribution
Total shares with voting rights: 188.97M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
188.97M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other203
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings203
Rows:
PROLOGIS INC.
DFNDShares19.59M
TypeSH
Market value$2.18B
16.73%
Sole
0.00
Shared
19.59M
None
0.00
DIGITAL RLTY TR INC
DFNDShares8.62M
TypeSH
Market value$1.26B
9.64%
Sole
0.00
Shared
8.62M
None
0.00
EQUINIX INC
DFNDShares1.20M
TypeSH
Market value$976.29M
7.48%
Sole
0.00
Shared
1.20M
None
0.00
EQUITY RESIDENTIAL
DFNDShares11.52M
TypeSH
Market value$821.27M
6.29%
Sole
0.00
Shared
11.52M
None
0.00
VENTAS INC
DFNDShares11.64M
TypeSH
Market value$806.06M
6.17%
Sole
0.00
Shared
11.64M
None
0.00
PUBLIC STORAGE OPER CO
DFNDShares2.16M
TypeSH
Market value$645.85M
4.95%
Sole
0.00
Shared
2.16M
None
0.00
ALEXANDRIA REAL ESTATE EQ IN
DFNDShares6.83M
TypeSH
Market value$622.78M
4.77%
Sole
0.00
Shared
6.83M
None
0.00
INVITATION HOMES INC
DFNDShares16.60M
TypeSH
Market value$573.50M
4.39%
Sole
0.00
Shared
16.60M
None
0.00
MID-AMER APT CMNTYS INC
DFNDShares3.07M
TypeSH
Market value$514.08M
3.94%
Sole
0.00
Shared
3.07M
None
0.00
BXP INC
DFNDShares7.22M
TypeSH
Market value$483.18M
3.70%
Sole
0.00
Shared
7.22M
None
0.00
REALTY INCOME CORP
DFNDShares8.28M
TypeSH
Market value$473.27M
3.63%
Sole
0.00
Shared
8.28M
None
0.00
EXTRA SPACE STORAGE INC
DFNDShares2.53M
TypeSH
Market value$374.56M
2.87%
Sole
0.00
Shared
2.53M
None
0.00
ISHARES TR
DFNDShares4.69M
TypeSH
Market value$368.70M
2.82%
Sole
0.00
Shared
4.69M
None
0.00
AMERICOLD REALTY TRUST INC
DFNDShares13.51M
TypeSH
Market value$285.30M
2.19%
Sole
0.00
Shared
13.51M
None
0.00
KIMCO RLTY CORP
DFNDShares12.65M
TypeSH
Market value$267.38M
2.05%
Sole
0.00
Shared
12.65M
None
0.00
COUSINS PPTYS INC
DFNDShares7.74M
TypeSH
Market value$227.49M
1.74%
Sole
0.00
Shared
7.74M
None
0.00
WELLTOWER INC
DFNDShares1.42M
TypeSH
Market value$219.02M
1.68%
Sole
0.00
Shared
1.42M
None
0.00
HEALTHCARE RLTY TR
DFNDShares10.15M
TypeSH
Market value$171.82M
1.32%
Sole
0.00
Shared
10.15M
None
0.00
KILROY RLTY CORP
DFNDShares4.61M
TypeSH
Market value$151.52M
1.16%
Sole
0.00
Shared
4.61M
None
0.00
REGENCY CTRS CORP
DFNDShares2.02M
TypeSH
Market value$148.90M
1.14%
Sole
0.00
Shared
2.02M
None
0.00
VICI PPTYS INC
DFNDShares3.45M
TypeSH
Market value$111.94M
0.86%
Sole
0.00
Shared
3.45M
None
0.00
ISHARES TR
DFNDShares1M
TypeSH
Market value$109.20M
0.84%
Sole
0.00
Shared
1M
None
0.00
SIMON PPTY GROUP INC NEW
DFNDShares562.21K
TypeSH
Market value$93.59M
0.72%
Sole
0.00
Shared
562.21K
None
0.00
UDR INC
DFNDShares1.65M
TypeSH
Market value$74.33M
0.57%
Sole
0.00
Shared
1.65M
None
0.00
HEALTHPEAK PROPERTIES INC
DFNDShares2.66M
TypeSH
Market value$53.28M
0.41%
Sole
0.00
Shared
2.66M
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PROLOGIS INC.DFND | COM | 19.59M | SH | $2.18B 16.73% | 0.00 | 19.59M | 0.00 |
DIGITAL RLTY TR INCDFND | COM | 8.62M | SH | $1.26B 9.64% | 0.00 | 8.62M | 0.00 |
EQUINIX INCDFND | COM | 1.20M | SH | $976.29M 7.48% | 0.00 | 1.20M | 0.00 |
EQUITY RESIDENTIALDFND | SH BEN INT | 11.52M | SH | $821.27M 6.29% | 0.00 | 11.52M | 0.00 |
VENTAS INCDFND | COM | 11.64M | SH | $806.06M 6.17% | 0.00 | 11.64M | 0.00 |
PUBLIC STORAGE OPER CODFND | COM | 2.16M | SH | $645.85M 4.95% | 0.00 | 2.16M | 0.00 |
ALEXANDRIA REAL ESTATE EQ INDFND | COM | 6.83M | SH | $622.78M 4.77% | 0.00 | 6.83M | 0.00 |
INVITATION HOMES INCDFND | COM | 16.60M | SH | $573.50M 4.39% | 0.00 | 16.60M | 0.00 |
MID-AMER APT CMNTYS INCDFND | COM | 3.07M | SH | $514.08M 3.94% | 0.00 | 3.07M | 0.00 |
BXP INCDFND | COM | 7.22M | SH | $483.18M 3.70% | 0.00 | 7.22M | 0.00 |
REALTY INCOME CORPDFND | COM | 8.28M | SH | $473.27M 3.63% | 0.00 | 8.28M | 0.00 |
EXTRA SPACE STORAGE INCDFND | COM | 2.53M | SH | $374.56M 2.87% | 0.00 | 2.53M | 0.00 |
ISHARES TRDFND | IBOXX HI YD ETF | 4.69M | SH | $368.70M 2.82% | 0.00 | 4.69M | 0.00 |
AMERICOLD REALTY TRUST INCDFND | COM | 13.51M | SH | $285.30M 2.19% | 0.00 | 13.51M | 0.00 |
KIMCO RLTY CORPDFND | COM | 12.65M | SH | $267.38M 2.05% | 0.00 | 12.65M | 0.00 |
COUSINS PPTYS INCDFND | COM NEW | 7.74M | SH | $227.49M 1.74% | 0.00 | 7.74M | 0.00 |
WELLTOWER INCDFND | COM | 1.42M | SH | $219.02M 1.68% | 0.00 | 1.42M | 0.00 |
HEALTHCARE RLTY TRDFND | CL A COM | 10.15M | SH | $171.82M 1.32% | 0.00 | 10.15M | 0.00 |
KILROY RLTY CORPDFND | COM | 4.61M | SH | $151.52M 1.16% | 0.00 | 4.61M | 0.00 |
REGENCY CTRS CORPDFND | COM | 2.02M | SH | $148.90M 1.14% | 0.00 | 2.02M | 0.00 |
VICI PPTYS INCDFND | COM | 3.45M | SH | $111.94M 0.86% | 0.00 | 3.45M | 0.00 |
ISHARES TRDFND | IBOXX INV CP ETF | 1M | SH | $109.20M 0.84% | 0.00 | 1M | 0.00 |
SIMON PPTY GROUP INC NEWDFND | COM | 562.21K | SH | $93.59M 0.72% | 0.00 | 562.21K | 0.00 |
UDR INCDFND | COM | 1.65M | SH | $74.33M 0.57% | 0.00 | 1.65M | 0.00 |
HEALTHPEAK PROPERTIES INCDFND | COM | 2.66M | SH | $53.28M 0.41% | 0.00 | 2.66M | 0.00 |
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