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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 (2016Q4)
Portfolio Summary: 54 holdings with a total value of $12,012,143,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SIMON PROPERTY GROUP 6,948,757 1,234,586,000 10.28%
2 EQUITY RESIDENT 15,554,178 1,001,067,000 8.33%
3 PROLOGIS INC 17,142,097 904,931,000 7.53%
4 PUBLIC STORAGE 3,980,023 889,535,000 7.41%
5 VENTAS INC 13,545,351 846,855,000 7.05%
6 BOSTON PROPERTIES 6,487,303 815,973,000 6.79%
7 AVALONBAY COMM 4,501,197 797,387,000 6.64%
8 VORNADO RLTY TR 5,687,407 593,595,000 4.94%
9 DIGITAL RLTY TR INC 5,212,989 512,228,000 4.26%
10 ALEX REAL ESTATE EQ 4,517,155 501,991,000 4.18%
11 BRIXMOR PROPERTY 15,542,319 379,543,000 3.16%
12 MID-AM APRTMNT COMM 3,378,517 330,824,000 2.75%
13 HOST HOTELS & RESORTS INC COM 16,494,244 310,752,000 2.59%
14 REGENCY CENTERS 4,478,700 308,806,000 2.57%
15 TAUBMAN CENTERS 3,770,373 278,744,000 2.32%
16 KIMCO REALTY 8,414,850 211,718,000 1.76%
17 DCT Industrial Trust Inc 2,659,552 127,339,000 1.06%
18 DUKE REALTY CORP 4,407,200 117,055,000 0.97%
19 ESSEX PPTY TR INC 502,815 116,904,000 0.97%
20 HIGHWOODS PPTYS INC 2,209,929 112,728,000 0.94%
21 HILTON WORLDWIDE HLDGS INC 3,547,422 96,490,000 0.80%
22 STORE CAPITAL 3,819,844 94,388,000 0.79%
23 EXTRA SPACE STORAGE INC 1,192,641 92,120,000 0.77%
24 HEALTHCARE TR AMER INC 3,060,031 89,078,000 0.74%
25 EQUINIX 233,181 83,341,000 0.69%
26 EQUITY LIFESTYLE PPTYS INC 1,152,119 83,068,000 0.69%
27 AMERICAN CAMPUS CMNTYS INC 1,613,986 80,328,000 0.67%
28 KILROY RLTY CORP COM 1,048,251 76,753,000 0.64%
29 EQUITY ONE INC 2,327,845 71,442,000 0.59%
30 ACADIA RLTY TR COM SH BEN INT 2,084,769 68,130,000 0.57%
31 NATIONAL RETAIL PROP 1,521,770 67,262,000 0.56%
32 PENNSYLVANIA REAL ESTATE INV 3,406,831 64,594,000 0.54%
33 DDR Corp 4,116,120 62,853,000 0.52%
34 SL GREEN REALTY CORP 544,500 58,561,000 0.49%
35 SUNSTONE HOTEL INVESTORS REIT 3,519,190 53,668,000 0.45%
36 XENIA HOTELS & RESORTS INC COM 2,706,770 52,565,000 0.44%
37 CARE CAP PPTYS INC 1,901,515 47,538,000 0.40%
38 Terreno Realty Corp 1,661,338 47,332,000 0.39%
39 VEREIT 5,047,748 42,704,000 0.36%
40 GRAMERCY PROPERTY TRUST 4,626,296 42,469,000 0.35%
41 LIFE STORAGE INC COM 492,700 42,008,000 0.35%
42 AMERICAN HOMES 4 RENT CL A 1,960,290 41,127,000 0.34%
43 HCP INC 1,332,998 39,617,000 0.33%
44 PARAMOUNT GROUP INC COM 2,182,783 34,903,000 0.29%
45 COUSINS PROPERTIES INC 4,025,000 34,253,000 0.29%
46 Parkway Properties Inc/Md 776,600 17,279,000 0.14%
47 BANK OF NOVA SCOTIA NOTE 4.50012/1 15,000,000 15,413,000 0.13%
48 ENBRIDGE INC NOTE 6.000 1/1 ADDED 10,000,000 9,971,000 0.08%
49 BASIC ENERGY SVCS INC NEW 163,575 5,782,000 0.05%
50 EPR PPTYS 40,000 1,435,000 0.01%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001434820-17-000005, filed 2017.01.30).

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.