VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. Q4 2025 Filing

Filed February 13, 2026

Portfolio Value

$11.7B

Holdings

250

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (250 positions)

#	Stock	Shares	Value	% Portfolio
1	GOOGLALPHABET INC CAP STK CL A	2,276,547	$712.0M	6.10%
2	MSFTMICROSOFT CORP COM	1,361,292	$658.0M	5.64%
3	BKNGBOOKING HOLDINGS INC COM	92,287	$494.0M	4.23%
4	KKRKKR & CO INC COM	3,877,794	$494.0M	4.23%
5	METAMETA PLATFORMS INC CL A	714,580	$471.0M	4.03%
6	NXPINXP SEMICONDUCTORS N V COM	2,096,119	$454.0M	3.89%
7	MKLMARKEL GROUP INC COM	204,861	$440.0M	3.77%
8	AMZNAMAZON COM INC COM	1,818,519	$419.0M	3.59%
9	BROBROWN & BROWN INC COM	4,538,584	$361.0M	3.09%
10	TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	950,713	$288.0M	2.47%
11	TMOTHERMO FISHER SCIENTIFIC INC COM	446,129	$258.0M	2.21%
12	LFUSLITTELFUSE INC COM	980,498	$247.0M	2.12%
13	SPOTSPOTIFY TECHNOLOGY S A SHS	421,613	$244.0M	2.09%
14	PTCPTC INC COM	1,300,452	$226.0M	1.94%
15	NVDANVIDIA CORPORATION COM	1,176,381	$219.0M	1.88%
16	CPAYCORPAY INC COM SHS	699,476	$210.0M	1.80%
17	VVISA INC COM CL A	595,740	$208.0M	1.78%
18	CBCHUBB LIMITED COM	647,401	$202.0M	1.73%
19	LENLENNAR CORP CL A	1,963,373	$201.0M	1.72%
20	BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW	354,885	$178.0M	1.52%
21	AAPLAPPLE INC COM	613,102	$166.0M	1.42%
22	ADIANALOG DEVICES INC COM	527,174	$142.0M	1.22%
23	DHRDANAHER CORPORATION COM	595,678	$136.0M	1.16%
24	ICLRICON PLC SHS	743,548	$135.0M	1.16%
25	ZTSZOETIS INC CL A	1,053,857	$132.0M	1.13%
26	NVRNVR INC COM	17,536	$127.0M	1.09%
27	BRK-BBERKSHIRE HATHAWAY INC DEL CL A	130	$98.0M	0.84%
28	AVGOBROADCOM INC COM	275,943	$95.0M	0.81%
29	RYROYAL BK CDA COM	321,162	$74.0M	0.63%
30	JPMJPMORGAN CHASE & CO. COM	223,990	$72.0M	0.62%
31	INVHINVITATION HOMES INC COM	2,076,421	$57.0M	0.49%
32	MRKMERCK & CO INC COM	524,615	$55.0M	0.47%
33	BCBRUNSWICK CORP COM	754,046	$55.0M	0.47%
34	LLYELI LILLY & CO COM	50,998	$54.0M	0.46%
35	PLDPROLOGIS INC. COM	403,087	$51.0M	0.44%
36	TRVCCITIGROUP INC COM NEW	443,705	$51.0M	0.44%
37	LITELUMENTUM HLDGS INC COM	130,913	$48.0M	0.41%
38	WF2WINTRUST FINL CORP COM	330,524	$46.0M	0.39%
39	PEPPEPSICO INC COM	318,864	$45.0M	0.39%
40	TXNTEXAS INSTRS INC COM	262,917	$45.0M	0.39%
41	WCCWESCO INTL INC COM	186,012	$45.0M	0.39%
42	FSLRFIRST SOLAR INC COM	170,690	$44.0M	0.38%
43	SFSTIFEL FINL CORP COM	352,368	$44.0M	0.38%
44	FISFIDELITY NATL INFORMATION SV COM	661,297	$43.0M	0.37%
45	PEGPUBLIC SVC ENTERPRISE GRP IN COM	510,061	$40.0M	0.34%
46	ACNACCENTURE PLC IRELAND SHS CLASS A	148,864	$39.0M	0.33%
47	CA8ACACI INTL INC CL A	73,423	$39.0M	0.33%
48	BLKBLACKROCK INC COM	35,924	$38.0M	0.33%
49	JBLJABIL INC COM	164,233	$37.0M	0.32%
50	NXSTNEXSTAR MEDIA GROUP INC COMMON STOCK	173,068	$35.0M	0.30%
51	AFWALIGN TECHNOLOGY INC COM	226,699	$35.0M	0.30%
52	OMCOMNICOM GROUP INC COM	431,642	$34.0M	0.29%
53	MDTMEDTRONIC PLC SHS	359,722	$34.0M	0.29%
54	MHKMOHAWK INDS INC COM	310,411	$33.0M	0.28%
55	LRCXLAM RESEARCH CORP COM NEW	198,425	$33.0M	0.28%
56	AKAMAKAMAI TECHNOLOGIES INC COM	383,311	$33.0M	0.28%
57	CSCOCISCO SYS INC COM	435,414	$33.0M	0.28%
58	NENOBLE CORP PLC ORD SHS A	1,201,597	$33.0M	0.28%
59	GILDGILEAD SCIENCES INC COM	267,702	$32.0M	0.27%
60	CATCATERPILLAR INC COM	53,480	$30.0M	0.26%
61	ATSATS CORPORATION COM	815,031	$30.0M	0.26%
62	PRUPRUDENTIAL FINL INC COM	267,910	$30.0M	0.26%
63	DGXQUEST DIAGNOSTICS INC COM	175,146	$30.0M	0.26%
64	MSMMSC INDL DIRECT INC CL A	349,263	$29.0M	0.25%
65	KOCOCA COLA CO COM	419,855	$29.0M	0.25%
66	EQIXEQUINIX INC COM	37,949	$29.0M	0.25%
67	SYYSYSCO CORP COM	386,615	$28.0M	0.24%
68	ALVAUTOLIV INC COM	243,077	$28.0M	0.24%
69	WMSADVANCED DRAIN SYS INC DEL COM	199,858	$28.0M	0.24%
70	CNHICNH INDL N V SHS	3,116,375	$28.0M	0.24%
71	STRASTRATEGIC ED INC COM	346,230	$27.0M	0.23%
72	TKRTIMKEN CO COM	322,557	$27.0M	0.23%
73	ORCLORACLE CORP COM	138,789	$27.0M	0.23%
74	TRIPTRIPADVISOR INC COM	1,815,534	$26.0M	0.22%
75	TSLATESLA INC COM	59,151	$26.0M	0.22%
76	BSXBOSTON SCIENTIFIC CORP COM	274,565	$26.0M	0.22%
77	WMBWILLIAMS COS INC COM	434,530	$26.0M	0.22%
78	PGPROCTER AND GAMBLE CO COM	182,466	$26.0M	0.22%
79	AMHAMERICAN HOMES 4 RENT CL A	790,126	$25.0M	0.21%
80	LINLINDE PLC SHS	60,493	$25.0M	0.21%
81	THRTHERMON GROUP HLDGS INC COM	689,677	$25.0M	0.21%
82	FT2FIRST HORIZON CORPORATION COM	994,735	$23.0M	0.20%
83	SPGSIMON PPTY GROUP INC NEW COM	124,917	$23.0M	0.20%
84	ISRGINTUITIVE SURGICAL INC COM NEW	41,567	$23.0M	0.20%
85	MAMASTERCARD INCORPORATED CL A	41,064	$23.0M	0.20%
86	GEVGE VERNOVA INC COM	36,052	$23.0M	0.20%
87	ABTABBOTT LABS COM	188,796	$23.0M	0.20%
88	BACBANK AMERICA CORP COM	414,547	$22.0M	0.19%
89	GEGE AEROSPACE COM NEW	73,193	$22.0M	0.19%
90	EXEEXPAND ENERGY CORPORATION COM	202,302	$22.0M	0.19%
91	CDNSCADENCE DESIGN SYSTEM INC COM	70,626	$22.0M	0.19%
92	SPGIS&P GLOBAL INC COM	42,292	$22.0M	0.19%
93	STAGSTAG INDL INC COM	601,349	$22.0M	0.19%
94	HSICHENRY SCHEIN INC COM	298,974	$22.0M	0.19%
95	LYBLYONDELLBASELL INDUSTRIES N SHS - A -	491,404	$21.0M	0.18%
96	DEDEERE & CO COM	45,855	$21.0M	0.18%
97	NVSTENVISTA HOLDINGS CORPORATION COM	1,011,327	$21.0M	0.18%
98	EHCENCOMPASS HEALTH CORP COM	206,077	$21.0M	0.18%
99	WELLWELLTOWER INC COM	116,066	$21.0M	0.18%
100	NTRNUTRIEN LTD COM	255,952	$21.0M	0.18%

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