APG Asset Management US Inc.
SEC Form 13F institutional filer · CIK 0001323255
13F-HR · 25 reported holdings · 2026-03-31
Asset manager.
Reported long-US-equity value
$11.06B
Top-10 concentration
81.5%
APG Asset Management US Inc. — $11.1B AUM allocation strategy
APG Asset Management US Inc. files SEC Form 13F and reports $11.1B of long US equity value across 25 reported holdings for 2026-03-31.
Its largest sector bet is Real Estate 94.5%, followed by Financials 4.5%.
The top 10 holdings account for 81% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
APG Asset Management US Inc. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$11.1B
total across 25 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
81% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$KIM +2.15M sh · +$75.8M+$REG +580K sh · +$58.5M+$BLK +565K sh · +$37.7M
Biggest trims (shares)
−$UDR −817K sh · −$32M−$INVH −616K sh · −$64.1M−$VTR −444K sh · +$18.1M
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Data Center REITs24.8%—
- Industrial REITs23.2%—
- Health Care REITs11.5%—
- Retail REITs11.3%—
- Self-Storage REITs8.5%—
- Office REITs6.0%—
- Asset Management & Custody Banks4.5%—
- Multi-Family Residential REITs3.8%—
- Other holdings6.4%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $PLD | Prologis Inc | 19.3M | $2.57B | -369K | 23.2% |
| $DLR | Digital Realty Trust Inc | 8.62M | $1.56B | +1.95K | 14.1% |
| $EQIX | Equinix Inc. Common Stock REIT | 1.19M | $1.19B | -9.02K | 10.8% |
| $VTR | Ventas Inc | 11.3M | $928M | -444K | 8.4% |
| $PSA | Public Storage | 2.09M | $579M | -113K | 5.2% |
| $O | Realty Income Corporation | 8.94M | $553M | +88.4K | 5.0% |
| $BLK | BlackRock Inc | 6.2M | $492M | +565K | 4.4% |
| $INVH | Invitation Homes Inc | 16M | $397M | -616K | 3.6% |
| $MAA | Mid-America Apartment Communities Inc | 3.09M | $379M | +114K | 3.4% |
| $BXP | BXP Inc | 7.21M | $368M | -189K | 3.3% |
…and 15 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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