We are live on ! Find out more
PI

PGGM Investments Portfolio holdings

AUM $5.7B
1-Year Est. Return 17.05%
This Fund
S&P 500
This Quarter Est. Return
+3.03%
1 Year Est. Return
+17.05%
3 Year Est. Return
+53.14%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$5.77B
AUM Growth
-$1.65B
Cap. Flow
-$1.7B
Cap. Flow %
-29.54%
Top 10 Hldgs %
36.05%
Holding
352
New
5
Increased
36
Reduced
17
Closed
284

Top Buys

Rank Stock Value
1
AVB icon
AvalonBay Communities
AVB
+$96.7M
2
HDB icon
HDFC Bank
HDB
+$87.5M
3
TMO icon
Thermo Fisher Scientific
TMO
+$84.5M
4
FR icon
First Industrial Realty Trust
FR
+$78M
5
LIN icon
Linde
LIN
+$70.8M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$165M
2
NVDA icon
NVIDIA
NVDA
+$148M
3
META icon
Meta Platforms (Facebook)
META
+$108M
4
AMZN icon
Amazon
AMZN
+$101M
5
JPM icon
JPMorgan Chase
JPM
+$67.6M

Sector Composition

Rank Sector Weight
1 Real Estate 55.8%
2 Healthcare 13.14%
3 Technology 12.59%
4 Materials 5.6%
5 Industrials 3.72%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VOYA icon
326
Voya Financial
VOYA
$9.21B
– –
-38,687
Closed -$2.62M
VRSK icon
327
Verisk Analytics
VRSK
$23.3B
– –
-34,583
Closed -$10.3M
VRSN icon
328
VeriSign
VRSN
$26.6B
– –
-68,690
Closed -$17.4M
VRT icon
329
Vertiv
VRT
$105B
– –
-37,555
Closed -$2.71M
VST icon
330
Vistra
VST
$48.7B
– –
-39,993
Closed -$4.7M
VTR icon
331
Ventas
VTR
$47B
– –
-9,185
Closed -$632K
VZ icon
332
Verizon
VZ
$195B
– –
-98,124
Closed -$4.45M
WAB icon
333
Wabtec
WAB
$49.6B
– –
-66,426
Closed -$12M
WAT icon
334
Waters Corp
WAT
$40.5B
– –
-13,614
Closed -$5.02M
WEC icon
335
WEC Energy
WEC
$34.5B
– –
-8,421
Closed -$918K
WLK icon
336
Westlake Corp
WLK
$10.1B
– –
-2,668
Closed -$267K
WM icon
337
Waste Management
WM
$90.3B
– –
-19,978
Closed -$4.63M
WMT icon
338
Walmart Inc
WMT
$890B
– –
-374,450
Closed -$32.9M
WPC icon
339
W.P. Carey
WPC
$16.1B
– –
-23,186
Closed -$1.46M
WRB icon
340
W.R. Berkley
WRB
$26.1B
– –
-82,195
Closed -$5.85M
WST icon
341
West Pharmaceutical
WST
$25B
– –
-4,921
Closed -$1.1M
WU icon
342
Western Union
WU
$2.17B
– –
-121,944
Closed -$1.29M
WTW icon
343
Willis Towers Watson
WTW
$31.8B
– –
-18,080
Closed -$6.11M
WY icon
344
Weyerhaeuser
WY
$18.2B
– –
-5,171
Closed -$151K
XYL icon
345
Xylem
XYL
$28.2B
– –
-5,855
Closed -$699K
YUM icon
346
Yum! Brands
YUM
$39.7B
– –
-53,223
Closed -$8.38M
ZBH icon
347
Zimmer Biomet
ZBH
$18.5B
– –
-22,603
Closed -$2.56M
ZBRA icon
348
Zebra Technologies
ZBRA
$18B
– –
-433
Closed -$122K
ZG icon
349
Zillow
ZG
$7.6B
– –
-42,772
Closed -$2.86M
ZTS icon
350
Zoetis
ZTS
$30.9B
– –
-58,528
Closed -$9.64M
11 12 13
14
15

Similar funds

TSW
Thompson Siegel & Walmsley Richmond, Virginia $5.7B AUM 6.69% 1-Year Est. Return
ACM
Altimeter Capital Management Boston, Massachusetts $5.7B AUM 36.74% 1-Year Est. Return
VH
ValueAct Holdings San Francisco, California $5.71B AUM 7.41% 1-Year Est. Return
O
Ossiam Paris, France $5.69B AUM 30.95% 1-Year Est. Return
XT
XTX Topco George Town, Cayman Islands $5.75B AUM 30.56% 1-Year Est. Return
HW
Hancock Whitney Gulfport, Mississippi $5.75B AUM 24.3% 1-Year Est. Return
AAM
Alphadyne Asset Management New York $5.76B AUM 22.07% 1-Year Est. Return
SAM
Scopus Asset Management New York $5.77B AUM 36.85% 1-Year Est. Return

PGGM Investments's Q2 2025 Portfolio in Review

As of Q2 2025, PGGM Investments held 352 positions worth $5.77B, down 22% from $7.42B the previous quarter. Its ten largest holdings account for 36% of the portfolio.

PGGM Investments withdrew a net $1.7B in Q2 2025, closing 284 positions and reducing 17 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $108M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 56% of assets, up from 45% a quarter earlier, followed by Healthcare and Technology.

Against the trend, PGGM Investments opened a new position in First Industrial Realty Trust worth $77M.

  • PGGM Investments's largest Q2 2025 buy was First Industrial Realty Trust: 1,600,623 shares worth $77M.
  • PGGM Investments added most to AvalonBay Communities in Q2 2025, an estimated $96.7M increase.
  • PGGM Investments's biggest Q2 2025 reduction was Apple, cutting an estimated $165M.
  • PGGM Investments fully exited Meta Platforms (Facebook) in Q2 2025, selling an estimated $108M.
  • PGGM Investments's ten largest holdings make up 36% of its $5.77B portfolio in Q2 2025.
  • PGGM Investments opened 5 new positions and closed 284 in Q2 2025.
  • PGGM Investments's portfolio value fell 22% quarter-over-quarter to $5.77B.

Based on PGGM Investments's 13F filing for Q2 2025, filed 18 Jul 2025.