Filed: 8/12/2025ACC: 0001323255-25-000026
📋 What this filing means
APG ASSET MANAGEMENT US INC. filed this quarterly 13F‑HR report disclosing 189 equity positions with a total reported market value of $13.37B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
189
Positions
$13.37B
Total AUM (reported)
194.13M
Total Shares
Allocation by class
COM$11.01B82.4%
SH BEN INT$805.94M6.0%
IBOXX INV CP ETF$484.16M3.6%
IBOXX HI YD ETF$433.60M3.2%
COM NEW$246.97M1.8%
CL A COM$191.33M1.4%
COM SH BEN INT$36.40M0.3%
Portfolio Concentration
Top 3$4.53B33.9%
4–10$4.21B31.5%
11–25$3.53B26.4%
Rest$1.11B8.3%
Top 3 weight
33.9%
Top 10 weight
65.3%
Voting Authority Distribution
Total shares with voting rights: 194.13M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
194.13M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other189
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings189
Rows:
ROLOGIS INC.
DFNDShares19.63M
TypeSH
Market value$2.09B
15.65%
Sole
0.00
Shared
19.63M
None
0.00
IGITAL RLTY TR INC
DFNDShares8.62M
TypeSH
Market value$1.48B
11.04%
Sole
0.00
Shared
8.62M
None
0.00
QUINIX INC
DFNDShares1.21M
TypeSH
Market value$959.43M
7.18%
Sole
0.00
Shared
1.21M
None
0.00
QUITY RESIDENTIAL
DFNDShares11.43M
TypeSH
Market value$768.82M
5.75%
Sole
0.00
Shared
11.43M
None
0.00
ENTAS INC
DFNDShares11.76M
TypeSH
Market value$739.26M
5.53%
Sole
0.00
Shared
11.76M
None
0.00
UBLIC STORAGE OPER CO
DFNDShares2.17M
TypeSH
Market value$647.04M
4.84%
Sole
0.00
Shared
2.17M
None
0.00
NVITATION HOMES INC
DFNDShares17.22M
TypeSH
Market value$564.56M
4.22%
Sole
0.00
Shared
17.22M
None
0.00
EALTY INCOME CORP
DFNDShares8.64M
TypeSH
Market value$499.31M
3.73%
Sole
0.00
Shared
8.64M
None
0.00
LEXANDRIA REAL ESTATE EQ IN
DFNDShares6.69M
TypeSH
Market value$498.57M
3.73%
Sole
0.00
Shared
6.69M
None
0.00
XP INC
DFNDShares7.17M
TypeSH
Market value$488.35M
3.65%
Sole
0.00
Shared
7.17M
None
0.00
SHARES TR
DFNDShares4.43M
TypeSH
Market value$484.16M
3.62%
Sole
0.00
Shared
4.43M
None
0.00
ID-AMER APT CMNTYS INC
DFNDShares3.08M
TypeSH
Market value$459.25M
3.44%
Sole
0.00
Shared
3.08M
None
0.00
SHARES TR
DFNDShares5.41M
TypeSH
Market value$433.60M
3.24%
Sole
0.00
Shared
5.41M
None
0.00
XTRA SPACE STORAGE INC
DFNDShares2.53M
TypeSH
Market value$381.30M
2.85%
Sole
0.00
Shared
2.53M
None
0.00
IMCO RLTY CORP
DFNDShares12.65M
TypeSH
Market value$267.89M
2.00%
Sole
0.00
Shared
12.65M
None
0.00
OUSINS PPTYS INC
DFNDShares7.86M
TypeSH
Market value$234.41M
1.75%
Sole
0.00
Shared
7.86M
None
0.00
ELLTOWER INC
DFNDShares1.52M
TypeSH
Market value$230.69M
1.73%
Sole
0.00
Shared
1.52M
None
0.00
MERICOLD REALTY TRUST INC
DFNDShares13.51M
TypeSH
Market value$224.92M
1.68%
Sole
0.00
Shared
13.51M
None
0.00
EALTHCARE RLTY TR
DFNDShares11.86M
TypeSH
Market value$187.43M
1.40%
Sole
0.00
Shared
11.86M
None
0.00
ILROY RLTY CORP
DFNDShares4.29M
TypeSH
Market value$148.18M
1.11%
Sole
0.00
Shared
4.29M
None
0.00
EGENCY CTRS CORP
DFNDShares2.02M
TypeSH
Market value$143.93M
1.08%
Sole
0.00
Shared
2.02M
None
0.00
ICI PPTYS INC
DFNDShares3.45M
TypeSH
Market value$113.81M
0.85%
Sole
0.00
Shared
3.45M
None
0.00
IMON PPTY GROUP INC NEW
DFNDShares540.38K
TypeSH
Market value$88.77M
0.66%
Sole
0.00
Shared
540.38K
None
0.00
DR INC
DFNDShares1.65M
TypeSH
Market value$67.23M
0.50%
Sole
0.00
Shared
1.65M
None
0.00
SSEX PPTY TR INC
DFNDShares212.05K
TypeSH
Market value$60.38M
0.45%
Sole
0.00
Shared
212.05K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ROLOGIS INC.DFND | COM | 19.63M | SH | $2.09B 15.65% | 0.00 | 19.63M | 0.00 |
IGITAL RLTY TR INCDFND | COM | 8.62M | SH | $1.48B 11.04% | 0.00 | 8.62M | 0.00 |
QUINIX INCDFND | COM | 1.21M | SH | $959.43M 7.18% | 0.00 | 1.21M | 0.00 |
QUITY RESIDENTIALDFND | SH BEN INT | 11.43M | SH | $768.82M 5.75% | 0.00 | 11.43M | 0.00 |
ENTAS INCDFND | COM | 11.76M | SH | $739.26M 5.53% | 0.00 | 11.76M | 0.00 |
UBLIC STORAGE OPER CODFND | COM | 2.17M | SH | $647.04M 4.84% | 0.00 | 2.17M | 0.00 |
NVITATION HOMES INCDFND | COM | 17.22M | SH | $564.56M 4.22% | 0.00 | 17.22M | 0.00 |
EALTY INCOME CORPDFND | COM | 8.64M | SH | $499.31M 3.73% | 0.00 | 8.64M | 0.00 |
LEXANDRIA REAL ESTATE EQ INDFND | COM | 6.69M | SH | $498.57M 3.73% | 0.00 | 6.69M | 0.00 |
XP INCDFND | COM | 7.17M | SH | $488.35M 3.65% | 0.00 | 7.17M | 0.00 |
SHARES TRDFND | IBOXX INV CP ETF | 4.43M | SH | $484.16M 3.62% | 0.00 | 4.43M | 0.00 |
ID-AMER APT CMNTYS INCDFND | COM | 3.08M | SH | $459.25M 3.44% | 0.00 | 3.08M | 0.00 |
SHARES TRDFND | IBOXX HI YD ETF | 5.41M | SH | $433.60M 3.24% | 0.00 | 5.41M | 0.00 |
XTRA SPACE STORAGE INCDFND | COM | 2.53M | SH | $381.30M 2.85% | 0.00 | 2.53M | 0.00 |
IMCO RLTY CORPDFND | COM | 12.65M | SH | $267.89M 2.00% | 0.00 | 12.65M | 0.00 |
OUSINS PPTYS INCDFND | COM NEW | 7.86M | SH | $234.41M 1.75% | 0.00 | 7.86M | 0.00 |
ELLTOWER INCDFND | COM | 1.52M | SH | $230.69M 1.73% | 0.00 | 1.52M | 0.00 |
MERICOLD REALTY TRUST INCDFND | COM | 13.51M | SH | $224.92M 1.68% | 0.00 | 13.51M | 0.00 |
EALTHCARE RLTY TRDFND | CL A COM | 11.86M | SH | $187.43M 1.40% | 0.00 | 11.86M | 0.00 |
ILROY RLTY CORPDFND | COM | 4.29M | SH | $148.18M 1.11% | 0.00 | 4.29M | 0.00 |
EGENCY CTRS CORPDFND | COM | 2.02M | SH | $143.93M 1.08% | 0.00 | 2.02M | 0.00 |
ICI PPTYS INCDFND | COM | 3.45M | SH | $113.81M 0.85% | 0.00 | 3.45M | 0.00 |
IMON PPTY GROUP INC NEWDFND | COM | 540.38K | SH | $88.77M 0.66% | 0.00 | 540.38K | 0.00 |
DR INCDFND | COM | 1.65M | SH | $67.23M 0.50% | 0.00 | 1.65M | 0.00 |
SSEX PPTY TR INCDFND | COM | 212.05K | SH | $60.38M 0.45% | 0.00 | 212.05K | 0.00 |
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