PGGM Investments Q4 2025 Filing

Filed February 9, 2026

Portfolio Value

$6.3B

Holdings

66

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (66 positions)

#StockSharesValue% PortfolioType
1
WELLWELLTOWER INC COM
2,038,211$378.3M5.99%
2
PLDPROLOGIS INC. COM
2,538,946$324.1M5.13%
3
EQIXEQUINIX INC COM
365,234$279.8M4.43%
4
TMOTHERMO FISHER SCIENTIFIC INC COM
346,371$200.7M3.18%
5
MSFTMICROSOFT CORP COM
408,683$197.6M3.13%
6
EXREXTRA SPACE STORAGE INC COM
1,409,528$183.5M2.91%
7
GOOGLALPHABET INC CAP STK CL A
543,993$170.3M2.70%
8
ALBALBEMARLE CORP COM
1,185,005$167.6M2.65%
9
INVHINVITATION HOMES INC COM
5,868,534$163.1M2.58%
10
UDRUDR INC COM
4,133,474$151.6M2.40%
11
ILMNILLUMINA INC COM
1,149,408$150.8M2.39%
12
SPGSIMON PPTY GROUP INC NEW COM
784,908$145.3M2.30%
13
AVBAVALONBAY CMNTYS INC COM
781,956$141.8M2.24%
14
RUNSUNRUN INC COM
7,667,413$141.1M2.23%
15
HDBHDFC BANK LTD SPONSORED ADS
3,799,908$138.8M2.20%
16
IRMIRON MTN INC DEL COM
1,657,159$137.5M2.18%
17
LLYELI LILLY CO COM
126,939$136.4M2.16%
18
NVDANVIDIA CORPORATION COM
726,231$135.4M2.14%
19
LINLINDE PLC SHS
304,112$129.7M2.05%
20
NEENEXTERA ENERGY INC COM
1,453,747$116.7M1.85%
21
HRHEALTHCARE RLTY TR CL A COM
6,689,638$113.4M1.80%
22
FRTFEDERAL RLTY INVT TR NEW SH BEN INT NEW
1,026,327$103.5M1.64%
23
ABTABBOTT LABS COM
810,054$101.5M1.61%
24
FRFIRST INDL RLTY TR INC COM
1,752,583$100.4M1.59%
25
VENVENTAS INC COM
1,275,340$98.7M1.56%
26
KRCKILROY RLTY CORP COM
2,628,946$98.2M1.56%
27
AAPLAPPLE INC COM
357,916$97.3M1.54%
28
MDTMEDTRONIC PLC SHS
1,011,914$97.2M1.54%
29
BRXBRIXMOR PPTY GROUP INC COM
3,702,302$97.1M1.54%
30
DOCHEALTHPEAK PROPERTIES INC COM
5,703,693$91.7M1.45%
31
AVGOBROADCOM INC COM
235,723$81.6M1.29%
32
EPRTESSENTIAL PPTYS RLTY TR INC COM
2,740,968$81.3M1.29%
33
ELSEQUITY LIFESTYLE PPTYS INC COM
1,336,675$81.0M1.28%
34
WCNWASTE CONNECTIONS INC COM
423,659$74.3M1.18%
35
RHPRYMAN HOSPITALITY PPTYS INC COM
785,000$74.3M1.18%
36
MACMACERICH CO COM
4,022,858$74.3M1.18%
37
ADCAGREE RLTY CORP COM
1,027,100$74.0M1.17%
38
REGNREGENERON PHARMACEUTICALS COM
92,584$71.5M1.13%
39
VVISA INC COM CL A
201,217$70.6M1.12%
40
FQIDIGITAL RLTY TR INC COM
434,240$67.2M1.06%
41
SNPSSYNOPSYS INC COM
140,654$66.1M1.05%
42
COLDAMERICOLD REALTY TRUST INC COM
4,619,178$59.4M0.94%
43
AREALEXANDRIA REAL ESTATE EQ IN COM
1,130,962$55.3M0.88%
44
IQVIQVIA HLDGS INC COM
243,486$54.9M0.87%
45
ROPROPER TECHNOLOGIES INC COM
120,496$53.6M0.85%
46
MCXMCCORMICK CO INC COM NON VTG
746,607$50.9M0.81%
47
CDNSCADENCE DESIGN SYSTEM INC COM
158,267$49.5M0.78%
48
WMSADVANCED DRAIN SYS INC DEL COM
339,867$49.2M0.78%
49
PGPROCTER AND GAMBLE CO COM
336,355$48.2M0.76%
50
ADMARCHER DANIELS MIDLAND CO COM
830,238$47.7M0.76%
51
TTEKTETRA TECH INC NEW COM
1,381,017$46.3M0.73%
52
ARGXARGENX SE SPONSORED ADR
54,830$46.1M0.73%
53
CTVACORTEVA INC COM
640,956$43.0M0.68%
54
REXRREXFORD INDL RLTY INC COM
981,766$38.0M0.60%
55
ISRGINTUITIVE SURGICAL INC COM NEW
62,273$35.3M0.56%
56
CUBECUBESMART COM
943,848$34.0M0.54%
57
AGROADECOAGRO S A COM
4,047,287$32.1M0.51%
58
PSAPUBLIC STORAGE OPER CO COM
113,331$29.4M0.47%
59
CNMCORE MAIN INC CL A
467,436$24.3M0.38%
60
JCIJOHNSON CTLS INTL PLC SHS
186,729$22.4M0.35%
61
HSTHOST HOTELS RESORTS INC COM
1,227,288$21.8M0.34%
62
TTTRANE TECHNOLOGIES PLC SHS
55,542$21.6M0.34%
63
SEDGSOLAREDGE TECHNOLOGIES INC COM
660,481$19.1M0.30%
64
APTVAPTIV PLC COM SHS
223,372$17.0M0.27%
65
UBERUBER TECHNOLOGIES INC COM
144,418$11.8M0.19%
66
HAINHAIN CELESTIAL GROUP INC COM
189,734$203K0.00%