§ 13F · FUND PROFILE
APG Asset Management N.V..
APG, Dutch pension asset manager
AUM · $40.7B (13F)Positions · 493Turnover · 99% · Q1Filed · Aug 12, 2026
CONCENTRATION
36%
Top 10 holdings
NEW BUYS
+4
+$455M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-5pp · +3pp
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED AUG 12, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 10.96M | $1.9B | 4.7% | −7% |
| 2 | AAPL | APPLE INC | 7.38M | $1.9B | 4.6% | +25% |
| 3 | MSFT | MICROSOFT CORP | 5.53M | $1.8B | 4.4% | −2% |
| 4 | AVGO | BROADCOM INC | 4.93M | $1.6B | 4.0% | −9% |
| 5 | AMZN | AMAZON COM INC | 7.31M | $1.5B | 3.7% | −3% |
| 6 | MU | MICRON TECHNOLOGY INC | 1.45M | $1.5B | 3.6% | +92% |
| 7 | LLY | ELI LILLY & CO | 1.21M | $1.3B | 3.1% | +4% |
| 8 | JPM | JPMORGAN CHASE & CO | 3.55M | $1.0B | 2.5% | +6% |
| 9 | AMD | ADVANCED MICRO DEVICES INC | 1.61M | $816M | 2.0% | +70% |
| 10 | INTC | INTEL CORP | 4.72M | $576M | 1.4% | +63% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other42.0% (+3pp)
Technology16.2% (−5pp)
Semiconductors14.6% (−1pp)
Retail11.1% (+2pp)
Financial Services8.7% (±0)
Banking6.2% (+1pp)
§ 03 · THE APG SIGNAL
AC read
APG Asset Management N.V. is a Other fund managing $40.7 billion in assets. The fund runs a broad portfolio of 493 positions, broad diversification across holdings, with the top 10 accounting for 36%. Trading activity is aggressive at 99% quarterly turnover, with 4 new positions and 0 exits last quarter. Top sector allocations: Other (42%), Technology (16%), Semiconductors (15%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
3 OF 2 FILINGS MEASURED
Q1 2026
Active book
+4 buys · −0 exits · 505 changed
Q4 2025
Busy quarter
+40 buys · −0 exits · 494 changed
Q3 2025
Active book
+2 buys · −0 exits · 399 changed