PGGM Investments
Net seller this quarter
$4.06B
59
-$2.07B
39.0%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 NVDA | $219M | 5.38% | 0.00% | +50.4% | Q1 2014 |
 GOOGL | $194M | 4.78% | 0.00% | Not reported | Q4 2015 |
 TMO | $175M | 4.31% | 0.09% | +13.1% | Q1 2013 |
 LLY | $158M | 3.89% | 0.01% | Not reported | Q1 2013 |
 LIN | $158M | 3.88% | 0.07% | Not reported | Q1 2023 |
 MSFT | $157M | 3.86% | 0.01% | Not reported | Q1 2013 |
 AAPL | $153M | 3.77% | 0.00% | +47.8% | Q4 2013 |
 RUN | $128M | 3.14% | 3.98% | Not reported | Q4 2021 |
 ALB | $123M | 3.02% | 0.77% | Not reported | Q1 2021 |
 HDB | $120M | 2.96% | 0.03% | +8.9% | Q1 2024 |
 EQIX | $117M | 2.87% | 0.11% | -63.3% | Q4 2015 |
 WELL | $102M | 2.51% | 0.06% | -74.3% | Q3 2015 |
 ILMN | $93.5M | 2.30% | 0.35% | -46.3% | Q1 2016 |
 AZN | $91M | 2.24% | Not reported | Not reported | Q1 2026 |
 ARGX | $89.5M | 2.20% | 0.16% | +35.0% | Q1 2023 |
 AVGO | $89M | 2.19% | 0.01% | Not reported | Q1 2021 |
 EXR | $88M | 2.16% | 0.29% | -49.4% | Q1 2013 |
 IRM | $85.3M | 2.10% | 0.23% | -50.7% | Q1 2020 |
 ABT | $83.4M | 2.05% | 0.05% | +13.4% | Q1 2013 |
 V | $79.7M | 1.96% | 0.01% | +15.5% | Q1 2013 |
 IQV | $77.5M | 1.91% | 0.24% | +7.1% | Q2 2021 |
 NEE | $76.5M | 1.88% | 0.04% | -26.2% | Q1 2013 |
 WCN | $75.7M | 1.86% | 0.18% | Not reported | Q1 2025 |
 SNPS | $74.7M | 1.84% | 0.09% | +19.0% | Q1 2013 |
 MDT | $71.2M | 1.75% | 0.07% | Not reported | Q1 2013 |
 CDNS | $64.2M | 1.58% | 0.06% | +8.1% | Q4 2019 |
 VLTO | $62.2M | 1.53% | 0.29% | Not reported | Q2 2024 |
 ADM | $58.6M | 1.44% | 0.16% | -7.7% | Q1 2013 |
 REGN | $57.7M | 1.42% | 0.10% | Not reported | Q2 2020 |
 HR | $55.6M | 1.37% | 0.81% | -50.8% | Q1 2015 |
 TTEK | $54.2M | 1.33% | 0.73% | +49.5% | Q2 2024 |
 DOC | $53.2M | 1.31% | 0.36% | -53.8% | Q4 2019 |
 SPG | $52.4M | 1.29% | 2928.69% | -63.3% | Q1 2013 |
 COLD | $52.1M | 1.28% | 1.16% | -14.4% | Q3 2021 |
 PG | $49.3M | 1.21% | 0.01% | Not reported | Q1 2013 |
 ELS | $48.3M | 1.19% | 0.39% | -14.4% | Q2 2021 |
 AMH | $48.2M | 1.19% | Not reported | -14.4% | Q4 2019 |
 CTVA | $44.4M | 1.09% | 0.08% | -18.2% | Q2 2020 |
 MAC | $41.8M | 1.03% | 0.58% | -50.8% | Q1 2015 |
 ROP | $40.8M | 1.00% | 0.12% | Not reported | Q1 2013 |
 PLD | $38.9M | 0.96% | 0.03% | -87.4% | Q1 2013 |
 MKC | $37.6M | 0.93% | Not reported | Not reported | Q1 2013 |
 VTR | $34.9M | 0.86% | 0.08% | -63.3% | Q1 2013 |
 ARE | $33.6M | 0.83% | 0.37% | -14.4% | Q1 2013 |
 CNM | $32.6M | 0.80% | Not reported | +44.4% | Q2 2025 |
 RHP | $31.1M | 0.76% | 0.38% | -63.3% | Q2 2024 |
 INVH | $30.6M | 0.75% | 0.17% | -63.3% | Q4 2017 |
 WMS | $29.9M | 0.73% | 0.27% | Not reported | Q1 2023 |
 ISRG | $24.8M | 0.61% | 0.02% | Not reported | Q1 2015 |
 DLR | $24M | 0.59% | 0.04% | -63.3% | Q1 2013 |
| Q1 2026 | |||||
| WELL | $346M | 6.07% | 0.25% | -14.1% | Q3 2015 |
| PLD | $302M | 5.29% | 0.24% | -10.1% | Q1 2013 |
| EQIX | $299M | 5.24% | 0.31% | -16.5% | Q4 2015 |
| ALB | $163M | 2.86% | 0.77% | -23.3% | Q1 2021 |
| EXR | $157M | 2.75% | 0.57% | -15.1% | Q1 2013 |
| GOOGL | $156M | 2.74% | 0.00% | Not reported | Q4 2015 |
| MSFT | $156M | 2.73% | 0.01% | +3.0% | Q1 2013 |
| TMO | $152M | 2.66% | 0.08% | -10.7% | Q1 2013 |
| LIN | $151M | 2.64% | 0.07% | Not reported | Q1 2023 |
| IRM | $140M | 2.45% | 0.46% | -17.3% | Q1 2020 |
| RUN | $129M | 2.27% | 4.05% | +24.5% | Q4 2021 |
| NVDA | $127M | 2.22% | 0.00% | Not reported | Q1 2014 |
| ILMN | $122M | 2.14% | 0.65% | -13.8% | Q1 2016 |
 AVBC | $121M | 2.13% | 3.70% | -4.9% | Q1 2013 |
| LLY | $121M | 2.13% | 0.01% | +3.8% | Q1 2013 |
| SPG | $119M | 2.09% | 7975.98% | -18.7% | Q1 2013 |
 UDR | $117M | 2.05% | 1.06% | -16.1% | Q1 2013 |
| NEE | $110M | 1.92% | 0.06% | -18.8% | Q1 2013 |
| HDB | $106M | 1.86% | 0.03% | +12.5% | Q1 2024 |
| HR | $95.3M | 1.67% | 1.62% | -16.2% | Q1 2015 |
| AZN | $94.8M | 1.66% | Not reported | New | Q1 2026 |
| AAPL | $90.8M | 1.59% | 0.00% | Not reported | Q4 2013 |
| DOC | $88.4M | 1.55% | 0.77% | -5.6% | Q4 2019 |
 BRX | $88.2M | 1.55% | 1.00% | -17.3% | Q1 2023 |
| VTR | $87.5M | 1.53% | 0.22% | -16.1% | Q1 2013 |
 FRT | $86.3M | 1.51% | 0.94% | -20.9% | Q2 2014 |
| ABT | $83.2M | 1.46% | 0.05% | Not reported | Q1 2013 |
| MDT | $78.9M | 1.38% | 0.07% | -10.1% | Q1 2013 |
| WCN | $73.8M | 1.29% | 0.18% | +7.2% | Q1 2025 |
| AVGO | $73M | 1.28% | 0.01% | Not reported | Q1 2021 |
| REGN | $71.5M | 1.25% | 0.10% | Not reported | Q2 2020 |
 ADC | $70.3M | 1.23% | 0.78% | -9.2% | Q4 2017 |
 EPRT | $69.8M | 1.22% | 1.06% | -16.2% | Q4 2019 |
| INVH | $68.6M | 1.20% | 0.46% | -53.0% | Q4 2017 |
 FR | $65.7M | 1.15% | 0.86% | -35.2% | Q2 2025 |
| DLR | $65.7M | 1.15% | 0.10% | -16.1% | Q1 2013 |
| IQV | $63.9M | 1.12% | 0.22% | +53.9% | Q2 2021 |
| MAC | $63.7M | 1.12% | 1.29% | -16.2% | Q1 2015 |
| VLTO | $62.1M | 1.09% | 0.28% | Not reported | Q2 2024 |
| V | $60.8M | 1.07% | 0.01% | Not reported | Q1 2013 |
| RHP | $60.8M | 1.07% | 1.04% | -16.1% | Q2 2024 |
| ADM | $60.4M | 1.06% | 0.17% | Not reported | Q1 2013 |
| SNPS | $55.8M | 0.98% | 0.07% | Not reported | Q1 2013 |
| ELS | $54.7M | 0.96% | 0.45% | -34.5% | Q2 2021 |
| CTVA | $53.7M | 0.94% | 0.10% | Not reported | Q2 2020 |
| ARGX | $52.2M | 0.92% | 0.12% | +30.4% | Q1 2023 |
| PG | $48.6M | 0.85% | 0.01% | Not reported | Q1 2013 |
| AMH | $46.9M | 0.82% | Not reported | Not reported | Q4 2019 |
| COLD | $44.4M | 0.78% | 1.36% | -16.2% | Q3 2021 |
| CDNS | $44M | 0.77% | 0.06% | Not reported | Q4 2019 |
| Q4 2025 | |||||
| WELL | $378M | 5.99% | 0.29% | -27.2% | Q3 2015 |
| PLD | $324M | 5.13% | 0.27% | +29.2% | Q1 2013 |
| EQIX | $280M | 4.43% | 0.37% | -1.8% | Q4 2015 |
| TMO | $201M | 3.18% | 0.09% | -11.6% | Q1 2013 |
| MSFT | $198M | 3.13% | 0.01% | +7.7% | Q1 2013 |
| EXR | $184M | 2.91% | 0.67% | -3.3% | Q1 2013 |
| GOOGL | $170M | 2.70% | 0.00% | -1.6% | Q4 2015 |
| ALB | $168M | 2.65% | 1.01% | Not reported | Q1 2021 |
| INVH | $163M | 2.58% | 0.96% | +3.5% | Q4 2017 |
| UDR | $152M | 2.40% | 1.26% | +3.9% | Q1 2013 |
| ILMN | $151M | 2.39% | 0.75% | Not reported | Q1 2016 |
| SPG | $145M | 2.30% | 9811.35% | Not reported | Q1 2013 |
| AVBC | $142M | 2.24% | 3.89% | +53.5% | Q1 2013 |
| RUN | $141M | 2.23% | 3.28% | -7.1% | Q4 2021 |
| HDB | $139M | 2.20% | 0.02% | Not reported | Q1 2024 |
| IRM | $137M | 2.18% | 0.56% | -1.6% | Q1 2020 |
| LLY | $136M | 2.16% | 0.01% | +31.2% | Q1 2013 |
| NVDA | $135M | 2.14% | 0.00% | Not reported | Q1 2014 |
| LIN | $130M | 2.05% | 0.07% | Not reported | Q1 2023 |
| NEE | $117M | 1.85% | 0.07% | +11.7% | Q1 2013 |
| HR | $113M | 1.80% | 1.90% | Not reported | Q1 2015 |
| FRT | $103M | 1.64% | 1.19% | -4.2% | Q2 2014 |
| ABT | $101M | 1.61% | 0.05% | Not reported | Q1 2013 |
| FR | $100M | 1.59% | 1.32% | -25.0% | Q2 2025 |
| VTR | $98.7M | 1.56% | 0.27% | Not reported | Q1 2013 |
 KRC | $98.2M | 1.56% | 2.22% | +6.0% | Q1 2013 |
| AAPL | $97.3M | 1.54% | 0.00% | +5.5% | Q4 2013 |
| MDT | $97.2M | 1.54% | 0.08% | -15.1% | Q1 2013 |
| BRX | $97.1M | 1.54% | 1.21% | Not reported | Q1 2023 |
| DOC | $91.7M | 1.45% | 0.82% | -22.7% | Q4 2019 |
| AVGO | $81.6M | 1.29% | 0.01% | -19.7% | Q1 2021 |
| EPRT | $81.3M | 1.29% | 1.31% | Not reported | Q4 2019 |
| ELS | $81M | 1.28% | 0.69% | -34.5% | Q2 2021 |
| WCN | $74.3M | 1.18% | 0.17% | +66.7% | Q1 2025 |
| RHP | $74.3M | 1.18% | 1.25% | +5.8% | Q2 2024 |
| MAC | $74.3M | 1.18% | 1.57% | Not reported | Q1 2015 |
| ADC | $74M | 1.17% | 0.86% | -12.1% | Q4 2017 |
| REGN | $71.5M | 1.13% | 0.10% | Not reported | Q2 2020 |
| V | $70.6M | 1.12% | 0.01% | +7.9% | Q1 2013 |
| DLR | $67.2M | 1.06% | 0.13% | Not reported | Q1 2013 |
| SNPS | $66.1M | 1.05% | 0.07% | Not reported | Q1 2013 |
| COLD | $59.4M | 0.94% | 1.62% | Not reported | Q3 2021 |
| ARE | $55.3M | 0.88% | 0.66% | Not reported | Q1 2013 |
| IQV | $54.9M | 0.87% | 0.14% | +22.5% | Q2 2021 |
| ROP | $53.6M | 0.85% | 0.11% | Not reported | Q1 2013 |
| MKC | $50.9M | 0.81% | Not reported | +10.2% | Q1 2013 |
| CDNS | $49.5M | 0.78% | 0.06% | Not reported | Q4 2019 |
| WMS | $49.2M | 0.78% | 0.47% | -12.5% | Q1 2023 |
| PG | $48.2M | 0.76% | 0.01% | Not reported | Q1 2013 |
| ADM | $47.7M | 0.76% | 0.17% | Not reported | Q1 2013 |
| Q3 2025 | |||||
| WELL | $499M | 8.07% | 0.41% | +5.2% | Q3 2015 |
| EQIX | $291M | 4.71% | 0.38% | Not reported | Q4 2015 |
| PLD | $225M | 3.64% | 0.21% | +2.6% | Q1 2013 |
| EXR | $205M | 3.32% | 0.69% | +5.4% | Q1 2013 |
| MSFT | $197M | 3.18% | 0.01% | Not reported | Q1 2013 |
| TMO | $190M | 3.08% | 0.10% | Not reported | Q1 2013 |
| IRM | $172M | 2.78% | 0.57% | +7.6% | Q1 2020 |
| INVH | $166M | 2.69% | 0.93% | +13.0% | Q4 2017 |
| UDR | $148M | 2.40% | 1.20% | +8.2% | Q1 2013 |
| SPG | $147M | 2.38% | 9811.35% | Not reported | Q1 2013 |
| LIN | $144M | 2.34% | 0.07% | Not reported | Q1 2023 |
| RUN | $143M | 2.31% | 3.57% | +17.8% | Q4 2021 |
| DOC | $141M | 2.29% | 1.06% | Not reported | Q4 2019 |
| NVDA | $136M | 2.19% | 0.00% | Not reported | Q1 2014 |
| GOOGL | $134M | 2.17% | 0.00% | +5.3% | Q4 2015 |
| HDB | $130M | 2.10% | 0.02% | Not reported | Q1 2024 |
| ELS | $124M | 2.00% | 1.05% | +7.9% | Q2 2021 |
| FR | $120M | 1.95% | 1.76% | +46.0% | Q2 2025 |
| MDT | $113M | 1.84% | 0.09% | -4.6% | Q1 2013 |
| ILMN | $109M | 1.77% | 0.75% | Not reported | Q1 2016 |
| FRT | $109M | 1.76% | 1.24% | -13.9% | Q2 2014 |
| ABT | $108M | 1.76% | 0.05% | -4.1% | Q1 2013 |
| KRC | $105M | 1.70% | 2.10% | -20.0% | Q1 2013 |
| BRX | $102M | 1.66% | 1.21% | +19.9% | Q1 2023 |
| AVBC | $98.4M | 1.59% | 2.54% | +6.3% | Q1 2013 |
| NEE | $98.2M | 1.59% | 0.06% | Not reported | Q1 2013 |
| AVGO | $96.8M | 1.57% | 0.01% | Not reported | Q1 2021 |
| ALB | $96.1M | 1.55% | 1.01% | +10.8% | Q1 2021 |
| ARE | $94.3M | 1.53% | 0.65% | Not reported | Q1 2013 |
| AAPL | $86.4M | 1.40% | 0.00% | +47.7% | Q4 2013 |
| ADC | $83M | 1.34% | 1.02% | +22.3% | Q4 2017 |
| CTVA | $82.7M | 1.34% | 0.18% | Not reported | Q2 2020 |
| EPRT | $81.6M | 1.32% | 1.38% | Not reported | Q4 2019 |
| DLR | $75.1M | 1.21% | 0.13% | +7.5% | Q1 2013 |
| LLY | $73.8M | 1.19% | 0.01% | Not reported | Q1 2013 |
 REXR | $73.4M | 1.19% | 0.77% | -24.1% | Q2 2018 |
| MAC | $73.2M | 1.18% | 1.57% | Not reported | Q1 2015 |
| SNPS | $69.4M | 1.12% | 0.08% | +5.4% | Q1 2013 |
| RHP | $66.5M | 1.08% | 1.18% | Not reported | Q2 2024 |
| V | $63.7M | 1.03% | 0.01% | Not reported | Q1 2013 |
| ROP | $60.1M | 0.97% | 0.11% | Not reported | Q1 2013 |
| ARGX | $56.6M | 0.92% | 0.13% | Not reported | Q1 2023 |
| COLD | $56.5M | 0.91% | 1.62% | -6.0% | Q3 2021 |
| CDNS | $55.6M | 0.90% | 0.06% | -8.0% | Q4 2019 |
| WMS | $53.9M | 0.87% | 0.53% | Not reported | Q1 2023 |
| REGN | $52.1M | 0.84% | 0.10% | +9.7% | Q2 2020 |
| ADM | $49.6M | 0.80% | 0.17% | Not reported | Q1 2013 |
| MKC | $45.3M | 0.73% | Not reported | +141.9% | Q1 2013 |
| WCN | $44.7M | 0.72% | 0.10% | +5.4% | Q1 2025 |
 CUBE | $38.4M | 0.62% | 0.41% | Not reported | Q4 2015 |