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Institutional Investment Manager
PGGM Investments
PGGM Investments (CIK: 0001472190), located at Po Box 117, Zeist, P7. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 382 holdings with a total value of $21,045,781,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SIMON PROPERTY GROUP 3,808,680 745,130,000 3.54%
2 EQUITY RESIDENT 5,494,540 427,805,000 2.03%
3 WELLTOWER INC. 5,439,444 420,795,000 2.00%
4 BOSTON PROPERTIES 2,967,604 416,889,000 1.98%
5 APPLE INC 3,187,845 396,664,000 1.88%
6 VORNADO RLTY TR 2,729,005 305,649,000 1.45%
7 FEDERAL REALTY INVS 2,068,506 304,505,000 1.45%
8 AT&T INC 9,143,792 298,545,000 1.42%
9 PROLOGIS INC 6,626,211 288,638,000 1.37%
10 ESSEX PPTY TR INC 1,225,779 281,807,000 1.34%
11 GENERAL GROWTH PPTYS INC NEW 9,428,597 278,615,000 1.32%
12 PUBLIC STORAGE 1,340,092 264,186,000 1.26%
13 EBAY INC 4,403,101 253,971,000 1.21%
14 AVALONBAY COMM 1,434,570 249,974,000 1.19%
15 SL GREEN REALTY CORP 1,937,402 248,724,000 1.18%
16 MASTERCARD INCORPORATED 2,878,000 248,630,000 1.18%
17 KIMCO REALTY 9,066,618 243,439,000 1.16%
18 MICROSOFT CORP 5,786,428 235,247,000 1.12%
19 MERCK & CO INC 4,025,369 231,378,000 1.10%
20 WATERS CORP 1,829,024 227,384,000 1.08%
21 PROCTER AND GAMBLE CO 2,713,174 222,317,000 1.06%
22 UNITEDHEALTH GROUP INC 1,872,293 221,474,000 1.05%
23 DUKE REALTY CORP 9,925,626 216,081,000 1.03%
24 METTLER-TOLEDO 642,700 211,223,000 1.00%
25 HOST HOTELS & RESORTS INC COM 10,351,900 208,901,000 0.99%
26 EXXON MOBIL CORP 2,443,489 207,697,000 0.99%
27 WELLS FARGO & CO NEW 3,786,927 206,009,000 0.98%
28 VERIZON COMMUNICATIONS INC 4,203,072 204,395,000 0.97%
29 EXTRA SPACE STORAGE INC 2,994,028 202,306,000 0.96%
30 QUALCOMM INC 2,805,392 194,526,000 0.92%
31 GENERAL ELECTRIC CO 7,291,441 180,901,000 0.86%
32 JOHNSON & JOHNSON 1,786,235 179,695,000 0.85%
33 COCA COLA CO 4,344,793 176,181,000 0.84%
34 SMUCKER J M CO 1,467,470 169,830,000 0.81%
35 KILROY RLTY CORP COM 2,228,975 169,781,000 0.81%
36 JPMORGAN CHASE & CO 2,720,547 164,811,000 0.78%
37 INTERNATIONAL BUSINESS MACHS 1,019,990 163,708,000 0.78%
38 CHEVRON CORP NEW 1,558,116 163,571,000 0.78%
39 3M CO 991,307 163,516,000 0.78%
40 PFIZER INC 4,640,345 161,438,000 0.77%
41 HCP INC 3,586,717 154,982,000 0.74%
42 VARIAN MED SYS I 1,507,376 141,829,000 0.67%
43 INTEL CORP 4,468,886 139,742,000 0.66%
44 ORACLE CORP 3,049,557 131,588,000 0.63%
45 PEPSICO INC 1,361,091 130,148,000 0.62%
46 CISCO SYS INC 4,709,668 129,634,000 0.62%
47 VENTAS INC 1,736,016 126,764,000 0.60%
48 ALEX REAL ESTATE EQ 1,292,536 126,720,000 0.60%
49 BRISTOL MYERS SQUIBB CO 1,920,919 123,899,000 0.59%
50 BERKSHIRE HATHAWAY INC DEL 831,335 119,978,000 0.57%
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Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001472190-15-000002, filed 2015.04.29).

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.