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Institutional Investment Manager
APG Asset Management US Inc.
APG Asset Management US Inc. (CIK: 0001323255) incorporated in Delaware, located at 666 Third Avenue, New York, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q3)
Portfolio Summary: 82 holdings with a total value of $10,201,133,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SIMON PROPERTY GROUP 6,493,740 1,067,701,000 10.47%
2 PUBLIC STORAGE 4,298,167 712,808,000 6.99%
3 EQUITY RESIDENT 11,361,377 699,633,000 6.86%
4 HOST HOTELS & RESORTS INC COM 32,505,642 693,345,000 6.80%
5 VORNADO RLTY TR 6,742,007 673,931,000 6.61%
6 AVALONBAY COMM 4,652,697 655,890,000 6.43%
7 VENTAS INC 9,933,363 615,372,000 6.03%
8 PROLOGIS INC 15,929,098 600,527,000 5.89%
9 BOSTON PROPERTIES 4,328,031 501,013,000 4.91%
10 ALEX REAL ESTATE EQ 5,154,356 380,134,000 3.73%
11 KIMCO REALTY 13,799,600 302,350,000 2.96%
12 DIGITAL RLTY TR INC 4,641,926 289,563,000 2.84%
13 REGENCY CENTERS 4,526,269 243,649,000 2.39%
14 CORPORATE OFFICE 7,893,042 203,009,000 1.99%
15 BRIXMOR PROPERTY 8,646,157 192,463,000 1.89%
16 TANGER FACTORY OUTLET CTRS I 5,776,296 189,000,000 1.85%
17 DOUGLAS EMMETT INC COM 5,827,824 149,601,000 1.47%
18 HCP INC 3,184,500 126,456,000 1.24%
19 MACERICH CO 1,537,000 98,107,000 0.96%
20 WELLTOWER INC. 1,476,800 92,108,000 0.90%
21 POST PPTYS INC COM 1,478,593 75,911,000 0.74%
22 GENERAL GROWTH PPTYS INC NEW 2,977,500 70,120,000 0.69%
23 APARTMENT INVT & MGMT CO 2,012,000 64,022,000 0.63%
24 MID-AM APRTMNT COMM 970,000 63,681,000 0.62%
25 ESSEX PPTY TR INC 346,056 61,857,000 0.61%
26 SPIRIT RLTY CAP INC NEW 5,595,000 61,377,000 0.60%
27 DDR Corp 3,664,000 61,299,000 0.60%
28 Washington Prime Group 3,233,370 56,519,000 0.55%
29 DCT Industrial Trust Inc 7,441,350 55,885,000 0.55%
30 AMERICAN RLTY CAP PPTYS INC 4,597,000 55,440,000 0.54%
31 EXTRA SPACE STORAGE INC 1,065,000 54,922,000 0.54%
32 UDR INC 1,916,390 52,222,000 0.51%
33 KILROY RLTY CORP COM 852,000 50,643,000 0.50%
34 SABRA HEALTH CARE REIT INC 1,963,000 47,740,000 0.47%
35 FOREST CITY ENTERPRISES A 2,437,050 47,669,000 0.47%
36 AMERICAN CAMPUS CMNTYS INC 1,213,000 44,214,000 0.43%
37 LASALLE HOTEL PPTYS 1,140,000 39,034,000 0.38%
38 KITE RLTY GROUP TR COM NEW 1,485,500 36,009,000 0.35%
39 STARWOOD HOTELS & RESORTS WLDWDE ORD 411,000 34,199,000 0.34%
40 SL GREEN REALTY CORP 328,000 33,233,000 0.33%
41 RETAIL PPTYS AMER INC CL A 2,166,610 31,698,000 0.31%
42 REALTY INCOME CORP 764,000 31,164,000 0.31%
43 COUSINS PROPERTIES INC 2,556,047 30,545,000 0.30%
44 FIRST INDL RLTY TR INC 1,758,988 29,744,000 0.29%
45 LIBERTY PROP 867,500 28,853,000 0.28%
46 EQUITY LIFESTYLE PPTYS INC 644,000 27,280,000 0.27%
47 WP CAREY INC COM 417,465 26,622,000 0.26%
48 SUN COMMUNITIES INC COM 524,323 26,478,000 0.26%
49 HILTON WORLDWIDE HLDGS INC 1,061,000 26,132,000 0.26%
50 NATIONAL RETAIL PROP 737,000 25,478,000 0.25%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001323255-14-000023, filed 2014.11.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.