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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 (2015Q3)
Portfolio Summary: 78 holdings with a total value of $11,275,333,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SIMON PROPERTY GROUP 6,485,590 1,191,533,000 10.57%
2 EQUITY RESIDENT 11,906,988 894,453,000 7.93%
3 PUBLIC STORAGE 4,139,667 876,078,000 7.77%
4 AVALONBAY COMM 4,778,197 835,324,000 7.41%
5 PROLOGIS INC 17,019,619 662,063,000 5.87%
6 VORNADO RLTY TR 6,816,907 616,384,000 5.47%
7 VENTAS INC 10,037,746 562,716,000 4.99%
8 BOSTON PROPERTIES 4,537,842 537,281,000 4.77%
9 HOST HOTELS & RESORTS INC COM 31,230,044 493,747,000 4.38%
10 ALEX REAL ESTATE EQ 5,413,306 458,345,000 4.07%
11 BRIXMOR PROPERTY 15,405,322 361,717,000 3.21%
12 REGENCY CENTERS 4,997,000 310,564,000 2.75%
13 KIMCO REALTY 12,499,600 305,365,000 2.71%
14 DIGITAL RLTY TR INC 4,160,896 271,789,000 2.41%
15 POST PPTYS INC COM 4,310,093 251,236,000 2.23%
16 TANGER FACTORY OUTLET CTRS I 6,634,129 218,727,000 1.94%
17 GENERAL GROWTH PPTYS INC NEW 5,103,500 132,538,000 1.18%
18 WELLTOWER INC 1,903,000 128,871,000 1.14%
19 CARE CAP PPTYS INC 2,741,015 90,262,000 0.80%
20 EXTRA SPACE STORAGE INC 1,165,000 89,891,000 0.80%
21 CORPORATE OFFICE 3,896,797 81,950,000 0.73%
22 ESSEX PPTY TR INC 328,501 73,394,000 0.65%
23 UDR INC 2,073,330 71,488,000 0.63%
24 DCT Industrial Trust Inc 2,089,400 70,329,000 0.62%
25 KILROY RLTY CORP COM 1,037,500 67,604,000 0.60%
26 HCP INC 1,718,500 64,014,000 0.57%
27 APARTMENT INVT & MGMT CO 1,701,000 62,971,000 0.56%
28 MID-AM APRTMNT COMM 747,500 61,198,000 0.54%
29 URBAN EDGE PPTYS COM 2,818,704 60,856,000 0.54%
30 NATIONAL RETAIL PROP 1,585,500 57,506,000 0.51%
31 STRATEGIC HOTELS & RESORTS I 3,922,400 54,090,000 0.48%
32 DUKE REALTY CORP 2,796,300 53,270,000 0.47%
33 SPIRIT RLTY CAP INC NEW 5,610,000 51,275,000 0.45%
34 RLJ LODGING 1,899,000 47,988,000 0.43%
35 EQUITY ONE INC 1,968,500 47,913,000 0.42%
36 MACERICH CO 580,000 44,556,000 0.40%
37 Terreno Realty Corp 2,206,500 43,336,000 0.38%
38 SABRA HEALTH CARE REIT INC 1,869,126 43,326,000 0.38%
39 SUNSTONE HOTEL INVESTORS REIT 3,264,000 43,183,000 0.38%
40 ACADIA RLTY TR COM SH BEN INT 1,431,500 43,045,000 0.38%
41 SUN COMMUNITIES INC COM 619,373 41,969,000 0.37%
42 HIGHWOODS PPTYS INC 1,006,500 39,002,000 0.35%
43 EQUITY LIFESTYLE PPTYS INC 644,000 37,719,000 0.33%
44 REALTY INCOME CORP 771,291 36,551,000 0.32%
45 DIAMONDROCK HOSPITALITY CO COM 3,207,500 35,443,000 0.31%
46 HILTON WORLDWIDE HLDGS INC 1,528,904 35,073,000 0.31%
47 EQUITY COMWLTH COM SH BEN INT 1,278,000 34,813,000 0.31%
48 KITE RLTY GROUP TR COM NEW 1,425,720 33,946,000 0.30%
49 LASALLE HOTEL PPTYS 1,132,500 32,152,000 0.29%
50 RETAIL PPTYS AMER INC CL A 2,108,000 29,702,000 0.26%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001323255-15-000019, filed 2015.11.12).

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.