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
(-22%)
Cap. Flow
-$1.7B
Cap. Flow
% of AUM
-29.54%
Top 10 Holdings %
Top 10 Hldgs %
36.05%
Holding
352
New
5
Increased
36
Reduced
17
Closed
284
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AvalonBay Communities
AVB
|
+$96.7M |
| 2 |
HDFC Bank
HDB
|
+$87.5M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$84.5M |
| 4 |
First Industrial Realty Trust
FR
|
+$78M |
| 5 |
Linde
LIN
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$165M |
| 2 |
NVIDIA
NVDA
|
+$148M |
| 3 |
Meta Platforms (Facebook)
META
|
+$108M |
| 4 |
Amazon
AMZN
|
+$101M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
151
Darden Restaurants
DRI
$24.4B
| – | – |
-19,606
| Closed | -$4.07M |
|
152
DTE Energy
DTE
$29.1B
| – | – |
-13,063
| Closed | -$1.81M |
|
153
DaVita
DVA
$11.7B
| – | – |
-11,293
| Closed | -$1.73M |
|
|
EA
154
DELISTED
Electronic Arts
EA
| – | – |
-54,269
| Closed | -$7.84M |
|
155
eBay
EBAY
$49.8B
| – | – |
-103,635
| Closed | -$7.02M |
|
156
Ecolab
ECL
$79.9B
| – | – |
-40,721
| Closed | -$10.3M |
|
157
Consolidated Edison
ED
$39.9B
| – | – |
-16,351
| Closed | -$1.81M |
|
158
Everest Group
EG
$14.4B
| – | – |
-13,108
| Closed | -$4.76M |
|
159
Edison International
EIX
$26.4B
| – | – |
-21,090
| Closed | -$1.24M |
|
160
Eastman Chemical
EMN
$8.42B
| – | – |
-5,319
| Closed | -$469K |
|
161
Equitable Holdings
EQH
$14.1B
| – | – |
-139,736
| Closed | -$7.28M |
|
162
Equity Residential
EQR
$25.1B
| – | – |
-12,208
| Closed | -$874K |
|
163
Essex Property Trust
ESS
$18.5B
| – | – |
-11,072
| Closed | -$3.39M |
|
164
Eaton
ETN
$174B
| – | – |
-1,364
| Closed | -$371K |
|
165
Expeditors International
EXPD
$23.2B
| – | – |
-98,635
| Closed | -$11.9M |
|
166
Expedia Group
EXPE
$37.3B
| – | – |
-66,595
| Closed | -$11.2M |
|
167
Fortune Brands Innovations
FBIN
$6.06B
| – | – |
-45,157
| Closed | -$2.75M |
|
168
First Citizens BancShares
FCNCA
$25.3B
| – | – |
-1,474
| Closed | -$2.73M |
|
169
Freeport-McMoran
FCX
$97.5B
| – | – |
-40,467
| Closed | -$1.53M |
|
170
Factset
FDS
$10.2B
| – | – |
-1,444
| Closed | -$657K |
|
171
Ferguson
FERG
$49.8B
| – | – |
-36,172
| Closed | -$5.8M |
|
172
F5
FFIV
$22.7B
| – | – |
-10,494
| Closed | -$2.79M |
|
173
F&G Annuities & Life
FG
$3.62B
| – | – |
-5,320
| Closed | -$192K |
|
|
FISV
174
Fiserv Inc
FISV
$27.9B
| – | – |
-72,222
| Closed | -$15.9M |
|
175
Fair Isaac
FICO
$22.5B
| – | – |
-13,385
| Closed | -$24.7M |
|
Similar funds
TSW
ACM
VH
O
XT
HW
AAM
RWM
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.