SPF BEHEER BV

Portfolio Overview

SPF BEHEER BV disclosed 40 positions worth $1.4B in its Form 13F-HR for Q1 2025, led by $MSFT (MICROSOFT CORP) at 8.6% of the equity portfolio, followed by $AAPL and $NVDA. During the quarter the fund opened 3 new positions and exited 0 — including a new stake in $AMZN. The portfolio is most concentrated in Technology (35.0% of disclosed assets). All figures are sourced directly from SPF BEHEER BV’s Form 13F-HR filing with the SEC under CIK 1218761.

• 

  MICROSOFT CORP

  $MSFT

  79.7#31

  Quality

  $123.9M329,960 sh
• 

  Apple Inc.

  $AAPL

  76.3#82

  Quality

  $88.3M397,314 sh
• 

  NVIDIA CORP

  $NVDA

  85.9#5

  Quality

  $73.8M680,929 sh
• 

  AMERICAN EXPRESS CO

  $AXP

  69.1

  Quality

  $59.8M222,378 sh
• 

  Aon plc

  $AON

  —

  Quality

  $51.3M128,522 sh
• 

  AMAZON COM INC

  $AMZN

  68.4

  Quality

  $50.9M267,360 sh
• 

  STATE STREET CORP

  $STT

  71.2

  Quality

  $50.5M564,321 sh
• 

  ECOLAB INC.

  $ECL

  63.0

  Quality

  $49.9M196,876 sh
• 

  CASEYS GENERAL STORES INC

  $CASY

  64.7

  Quality

  $44.3M102,041 sh
• 

  STRYKER CORP

  $SYK

  71.9

  Quality

  $43.4M116,606 sh

Company	Quality	Value	Shares
MICROSOFT CORP$MSFT	79.7#31	$123.9M	329,960
Apple Inc.$AAPL	76.3#82	$88.3M	397,314
NVIDIA CORP$NVDA	85.9#5	$73.8M	680,929
AMERICAN EXPRESS CO$AXP	69.1	$59.8M	222,378
Aon plc$AON	—	$51.3M	128,522
AMAZON COM INC$AMZN	68.4	$50.9M	267,360
STATE STREET CORP$STT	71.2	$50.5M	564,321
ECOLAB INC.$ECL	63.0	$49.9M	196,876
CASEYS GENERAL STORES INC$CASY	64.7	$44.3M	102,041
STRYKER CORP$SYK	71.9	$43.4M	116,606

Showing top 10 of 40 holdings.

Full Holdings — SPF BEHEER BV (Q1 2025)

All 40 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$MSFT	MICROSOFT CORP	$123.9M	8.6%	-10%	79.7
2	$AAPL	Apple Inc.	$88.3M	6.1%	+324%	76.3
3	$NVDA	NVIDIA CORP	$73.8M	5.1%	+308%	85.9
4	$AXP	AMERICAN EXPRESS CO	$59.8M	4.2%	-3%	69.1
5	$AON	Aon plc	$51.3M	3.5%	-4%	—
6	$AMZN	AMAZON COM INC	$50.9M	3.5%	NEW	68.4
7	$STT	STATE STREET CORP	$50.5M	3.5%	-4%	71.2
8	$ECL	ECOLAB INC.	$49.9M	3.5%	-15%	63
9	$CASY	CASEYS GENERAL STORES INC	$44.3M	3.1%	-16%	64.7
10	$SYK	STRYKER CORP	$43.4M	3.0%	-17%	71.9
11	$TXRH	Texas Roadhouse, Inc.	$41.0M	2.8%	-5%	62.2
12	$TJX	TJX COMPANIES INC /DE/	$40.9M	2.8%	-5%	68.4
13	$WWD	Woodward, Inc.	$39.3M	2.7%	-14%	67.1
14	$APH	AMPHENOL CORP /DE/	$37.8M	2.6%	-45%	79.1
15	$BKNG	Booking Holdings Inc.	$37.5M	2.6%	-36%	58.3
16	$COR	Cencora, Inc.	$36.7M	2.5%	+0%	60.9
17	$OTIS	Otis Worldwide Corp	$36.3M	2.5%	-5%	61.1
18	$META	Meta Platforms, Inc.	$34.5M	2.4%	NEW	79.6
19	$ACN	Accenture plc	$33.5M	2.3%	+0%	—
20	$LII	LENNOX INTERNATIONAL INC	$32.0M	2.2%	-6%	61.1
21	$AZO	AUTOZONE INC	$31.5M	2.2%	-19%	65.8
22	$AWK	American Water Works Company, Inc.	$31.5M	2.2%	+0%	57.8
23	$TSCO	TRACTOR SUPPLY CO /DE/	$29.1M	2.0%	-19%	54.8
24	$BDX	BECTON DICKINSON & CO	$28.2M	1.9%	+0%	58.8
25	$TMO	THERMO FISHER SCIENTIFIC INC.	$27.8M	1.9%	+0%	64.9
26	$ADI	ANALOG DEVICES INC	$27.6M	1.9%	-55%	79.1
27	$ATO	ATMOS ENERGY CORP	$26.7M	1.9%	+0%	57.3
28	$CDW	CDW Corp	$26.4M	1.8%	-7%	55.1
29	$FDX	FEDEX CORP	$25.3M	1.8%	-7%	60.1
30	$ICLR	ICON PLC	$24.8M	1.7%	-7%	—
31	$BALL	BALL Corp	$22.2M	1.5%	-8%	60.8
32	$BAX	BAXTER INTERNATIONAL INC	$21.5M	1.5%	+0%	49.8
33	$PPG	PPG INDUSTRIES INC	$21.5M	1.5%	-8%	58.8
34	$ODFL	OLD DOMINION FREIGHT LINE, INC.	$21.1M	1.5%	-9%	61.1
35	$PEP	PEPSICO INC	$20.8M	1.4%	-9%	63.2
36	$PG	PROCTER & GAMBLE Co	$19.0M	1.3%	-7%	64.4
37	$AVGO	Broadcom Inc.	$16.2M	1.1%	NEW	84.4
38	$TTC	TORO CO	$16.0M	1.1%	-11%	60.4
39	$MCHP	MICROCHIP TECHNOLOGY INC	$253,184	0.0%	-99%	52.7
40	$DG	DOLLAR GENERAL CORP	$172,607	0.0%	-98%	59.1