APG Asset Management US Inc.
Sector Allocation
- Real Estate95.3%$13.6B
- Other4.6%$655.7M
- Consumer Discretionary0.1%$9.8M
- Financials0.1%$9.8M
AUM History
13fpro.ai/research/fund/apg-asset-management-us-inc-1323255
Conviction and streaks
Diversifying · top 10 = 69.4%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
PLD
$2.6BDLR
$1.5BEQIX
$1.2BVTR
$1.0BVMRK
$745.1MPSA
$679.5M- ISHARES$570.3M
O
$551.5MBXP
$489.9MINVH
$484.8MMAA
$432.4MEXR
$404.8MWELL
$389.6MARE
$370.1MKIM
$370.1MCUZ
$224.5MHR
$207.4MREG
$205.9MCOLD
$205.4MSPG
$199.1M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/apg-asset-management-us-inc-1323255
APG Asset Management US Inc. 13F holdings — Q2 2026
$14.3B portfolio (+9.9% QoQ) · 61 holdings · Q2 2026 13F · top 10 are 69% of the stock portfolio
$2.6B
18.5% of stocks
No changeThis quarter-10.1%Since filed10+ qtrsHeld$1.5B
10.7% of stocks
No changeThis quarter-9.2%Since filed10+ qtrsHeld$1.2B
8.5% of stocks
No changeThis quarter-6.5%Since filed10+ qtrsHeld$1.0B
7.1% of stocks
No changeThis quarter-6.4%Since filed10+ qtrsHeld$745.1M
5.2% of stocks
No changeThis quarter-2.9%Since filed10+ qtrsHeld$679.5M
4.8% of stocks
+0.4%This quarter-3.4%Since filed10+ qtrsHeld- 7
ISHARES TR - IBOXX HI YD ETF
$570.3M
4.0% of stocks
+16%This quarter—Since filed—HeldAIQuality—Est. buy— $551.5M
3.9% of stocks
-0.2%This quarter-9.2%Since filed10+ qtrsHeld$489.9M
3.4% of stocks
+0.2%This quarter-10.4%Since filed10+ qtrsHeld$484.8M
3.4% of stocks
No changeThis quarter-8.7%Since filed10+ qtrsHeld
All holdings — APG Asset Management US Inc. (Q2 2026)
61 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | MID AMERICA APARTMENT COMMUNITIES INC. | Real Estate | $432.4M | 3.0% | 3.09M | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | Extra Space Storage Inc. | Real Estate | $404.8M | 2.8% | 2.75M | +0.5% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | WELLTOWER INC. | Real Estate | $389.6M | 2.7% | 1.69M | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | Real Estate | $370.1M | 2.6% | 6.98M | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | KIMCO REALTY CORP | Real Estate | $370.1M | 2.6% | 14.75M | -0.3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | COUSINS PROPERTIES INC | Real Estate | $224.5M | 1.6% | 7.32M | +0.2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Healthcare Realty Trust Inc | Real Estate | $207.4M | 1.4% | 10.22M | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | REGENCY CENTERS CORP | Real Estate | $205.9M | 1.4% | 2.59M | -0.4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | AMERICOLD REALTY TRUST | Real Estate | $205.4M | 1.4% | 12.82M | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | SIMON PROPERTY GROUP INC. | Real Estate | $199.1M | 1.4% | 893K | +1% | 10+ qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | KILROY REALTY CORP | Real Estate | $184.1M | 1.3% | 4.70M | +0.2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | IRON MOUNTAIN INC | Real Estate | $85.8M | 0.6% | 704K | — | 9 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | — | ISHARES TR - IBOXX INV CP ETFetf/fund | — | $85.3M | 0.6% | 787K | +13% | — | — | 13F |
| 24 | VICI PROPERTIES INC. | Real Estate | $74.8M | 0.5% | 2.85M | -0.4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | AVALONBAY COMMUNITIES INC | Real Estate | $67.9M | 0.5% | 357K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $HST | HOST HOTELS & RESORTS, INC. | Real Estate | $56.5M | 0.4% | 2.42M | — | |||
| 27 | $ESS | ESSEX PROPERTY TRUST, INC. | Real Estate | $47.2M | 0.3% | 160K | — | |||
| 28 | $WPC | W. P. Carey Inc. | Real Estate | $41.1M | 0.3% | 580K | — | |||
| 29 | $SUI | SUN COMMUNITIES INC | Real Estate | $37.1M | 0.3% | 307K | — | |||
| 30 | $DOC | HEALTHPEAK PROPERTIES, INC. | Real Estate | $36.0M | 0.3% | 1.66M | — | |||
| 31 | $OHI | OMEGA HEALTHCARE INVESTORS INC | Real Estate | $35.0M | 0.3% | 726K | — | |||
| 32 | $UDR | UDR, Inc. | Real Estate | $33.6M | 0.2% | 828K | — | |||
| 33 | $FRT | FEDERAL REALTY INVESTMENT TRUST | Real Estate | $32.5M | 0.2% | 270K | -1% | |||
| 34 | $GLPI | Gaming & Leisure Properties, Inc. | Real Estate | $31.7M | 0.2% | 727K | — | |||
| 35 | $ELS | EQUITY LIFESTYLE PROPERTIES INC | Real Estate | $31.3M | 0.2% | 482K | — | |||
| 36 | $CPT | CAMDEN PROPERTY TRUST | Real Estate | $30.6M | 0.2% | 265K | — | |||
| 37 | $BRX | Brixmor Property Group Inc. | Real Estate | $30.2M | 0.2% | 966K | -1% | |||
| 38 | $AMH | American Homes 4 Rent | Real Estate | $27.7M | 0.2% | 820K | — | |||
| 39 | $RHP | Ryman Hospitality Properties, Inc. | Real Estate | $26.9M | 0.2% | 216K | — | |||
| 40 | $EGP | EASTGROUP PROPERTIES INC | Real Estate | $26.3M | 0.2% | 128K | New | |||
| 41 | $VNO | VORNADO REALTY TRUST | Real Estate | $25.4M | 0.2% | 634K | +4% | |||
| 42 | $AHR | American Healthcare REIT, Inc. | Real Estate | $23.8M | 0.2% | 444K | +8% | |||
| 43 | $NNN | NNN REIT, INC. | Real Estate | $23.3M | 0.2% | 500K | — | |||
| 44 | $ADC | AGREE REALTY CORP | Real Estate | $23.1M | 0.2% | 303K | — | |||
| 45 | $CUBE | CubeSmart | Real Estate | $22.5M | 0.2% | 561K | +3% | |||
| 46 | $CTRE | CareTrust REIT, Inc. | Real Estate | $22.4M | 0.2% | 548K | — | |||
| 47 | $KRG | KITE REALTY GROUP TRUST | Real Estate | $19.6M | 0.1% | 692K | — | |||
| 48 | $FR | FIRST INDUSTRIAL REALTY TRUST INC | Real Estate | $19.1M | 0.1% | 310K | — | |||
| 49 | $REXR | Rexford Industrial Realty, Inc. | Real Estate | $19.0M | 0.1% | 565K | — | |||
| 50 | $STAG | STAG Industrial, Inc. | Real Estate | $17.3M | 0.1% | 452K | — | |||
| 51 | $TRNO | Terreno Realty Corp | Real Estate | $16.2M | 0.1% | 245K | — | |||
| 52 | $EPRT | ESSENTIAL PROPERTIES REALTY TRUST, INC. | Real Estate | $15.8M | 0.1% | 528K | — | |||
| 53 | $SLG | SL GREEN REALTY CORP | Real Estate | $13.1M | 0.1% | 251K | +2% | |||
| 54 | $SBRA | Sabra Health Care REIT, Inc. | Real Estate | $12.2M | 0.1% | 621K | +7% | |||
| 55 | $EPR | EPR PROPERTIES | Real Estate | $11.6M | 0.1% | 200K | New | |||
| 56 | $IRT | INDEPENDENCE REALTY TRUST, INC. | Real Estate | $10.3M | 0.1% | 599K | — | |||
| 57 | $PK | Park Hotels & Resorts Inc. | Consumer Discretionary | $9.8M | 0.1% | 693K | — | |||
| 58 | $IVZ | Invesco Ltd. | Financials | $9.8M | 0.1% | 480K | — | |||
| 59 | $NSA | National Storage Affiliates Trust | Real Estate | $7.8M | 0.1% | 172K | +2% | |||
| 60 | $LINE | Lineage, Inc. | Real Estate | $7.4M | 0.1% | 170K | — | |||
| 61 | $MPT | MEDICAL PROPERTIES TRUST INC | Real Estate | $5.6M | 0.0% | 1.23M | — |
What changed in Q2 2026
Against the previous quarter's 13F: 2 new, 14 added to, 6 trimmed, 0 sold out. Share-count changes; largest moves by dollar size first.
New positions (2)
Added to (14)
- ISHARES TR - IBOXX HI YD ETF+16%
now $570.3M
- ISHARES TR - IBOXX INV CP ETF+13%
now $85.3M
now $679.5M · held 10+ qtrs
now $199.1M · held 10+ qtrs, 3 adds in a row
now $404.8M · held 10+ qtrs
$AHRAmerican Healthcare REIT, Inc.+8%
now $23.8M · held 8 qtrs, 2 adds in a row
+8 more in the Excel export
Trimmed (6)
now $370.1M · held 10+ qtrs
now $551.5M · held 10+ qtrs
now $205.9M · held 10+ qtrs
$FRTFEDERAL REALTY INVESTMENT TRUST-1%
now $32.5M · held 7 qtrs, 2 trims in a row
$BRXBrixmor Property Group Inc.-1%
now $30.2M · held 10+ qtrs, 2 trims in a row
$VICIVICI PROPERTIES INC.-0.4%
now $74.8M · held 10+ qtrs
Sold out (0)
No positions sold out this quarter.
Holdings by quarter
Every 13F APG Asset Management US Inc. has filed, 38 earlier quarters. Pick one to see what it held then.
Is it too late to follow APG Asset Management US?
Q2 2026 13F filed with the SEC on Aug 12, 2026. Prices are closing prices as of Oct 27, 2026.
Average quality of APG Asset Management US's top 20 holdings: 64/100 (our AI quality score, weighted by position size; 20 of the 20 are scored)
Top 10 since filing
-8.0%
Value-weighted move of the 10 largest stock positions
Turnover
0%
Last quarter; 8% over the last 4
Top 10 weight
69%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
97%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
APG Asset Management US Inc. disclosed 61 positions worth $14.3B in its Form 13F-HR for Q2 2026, led by $PLD (Prologis, Inc.) at 18.5% of the equity portfolio, followed by $DLR and $EQIX. During the quarter the fund opened 2 new positions and exited 0 — including a new stake in $EGP. The portfolio is most concentrated in Real Estate (95.3% of disclosed assets). All figures are sourced directly from APG Asset Management US Inc.’s Form 13F-HR filing with the SEC under CIK 1323255.
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AI-Powered Hedge Fund Analysis: APG Asset Management US Inc.
13F Pro is an AI hedge fund tracker and stock research platform. For APG Asset Management US Inc. (SEC CIK: 1323255), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in APG Asset Management US Inc.'s portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.