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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 (2015Q3)
Portfolio Summary: 374 holdings with a total value of $18,478,181,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ALEX REAL ESTATE EQ 1,209,556 102,413,000 0.55%
52 PARAMOUNT GROUP INC COM 6,081,981 102,177,000 0.55%
53 DDR CORP 6,534,318 100,498,000 0.54%
54 BERKSHIRE HATHAWAY INC DEL 769,152 100,297,000 0.54%
55 DIGITAL RLTY TR INC 1,523,440 99,511,000 0.54%
56 VENTAS INC 1,721,637 96,515,000 0.52%
57 HCP INC 2,490,766 92,781,000 0.50%
58 US BANCORP DEL 2,233,591 91,600,000 0.50%
59 SOUTHERN CO 1,963,679 87,776,000 0.48%
60 SUNSTONE HOTEL INVESTORS REIT 6,545,578 86,598,000 0.47%
61 HEALTHCARE RLTY TR 3,381,666 84,034,000 0.45%
62 REALTY INCOME CORP 1,764,438 83,617,000 0.45%
63 VEREIT 10,775,658 83,188,000 0.45%
64 BRISTOL MYERS SQUIBB CO 1,373,324 81,301,000 0.44%
65 DUKE ENERGY CORP NEW 1,048,912 75,459,000 0.41%
66 VISA INC 1,082,357 75,397,000 0.41%
67 NATIONAL RETAIL PPTYS INC 2,077,100 75,336,000 0.41%
68 LILLY ELI & CO 827,330 69,239,000 0.37%
69 PG&E CORP 1,249,471 65,972,000 0.36%
70 EXXON MOBIL CORP 868,927 64,605,000 0.35%
71 NEXTERA ENERGY INC 653,204 63,720,000 0.34%
72 BRANDYWINE RLTY TR 5,130,469 63,207,000 0.34%
73 PUBLIC SVC ENTERPRISE GRP IN 1,428,980 60,246,000 0.33%
74 E M C CORP MASS COM 2,446,972 59,119,000 0.32%
75 TARGET CORP 745,301 58,625,000 0.32%
76 ALLERGAN PLC 214,271 58,241,000 0.32%
77 CONSOLIDATED EDISON INC 870,275 58,178,000 0.31%
78 AETNA INC NEW 528,538 57,827,000 0.31%
79 NIKE INC 465,383 57,228,000 0.31%
80 MCKESSON CORP 307,070 56,817,000 0.31%
81 ANTHEM INC 400,180 56,025,000 0.30%
82 LASALLE HOTEL PPTYS 1,962,000 55,701,000 0.30%
83 Hewlett Packard Co 2,169,103 55,551,000 0.30%
84 XCEL ENERGY INC 1,546,188 54,751,000 0.30%
85 HOSPITALITY PPTYS TR 2,128,565 54,449,000 0.29%
86 GENERAL MLS INC 966,702 54,261,000 0.29%
87 COSTCO WHSL CORP NEW 365,079 52,779,000 0.29%
88 GENERAL MTRS CO 1,745,429 52,398,000 0.28%
89 UNITED TECHNOLOGIES CORP 566,833 50,442,000 0.27%
90 PEBBLEBROOK HOTEL TR 1,401,000 49,665,000 0.27%
91 CATERPILLAR INC 756,383 49,437,000 0.27%
92 ACE LTD 477,757 49,400,000 0.27%
93 DTE ENERGY CO 608,998 48,945,000 0.26%
94 CAPITAL ONE FINL CORP 672,992 48,805,000 0.26%
95 VALERO ENERGY CORP NEW 802,882 48,253,000 0.26%
96 COLGATE PALMOLIVE CO 758,190 48,115,000 0.26%
97 PRAXAIR INC 454,690 46,315,000 0.25%
98 DIAMONDROCK HOSPITALITY CO COM 4,150,784 45,866,000 0.25%
99 TAUBMAN CTRS INC 658,000 45,455,000 0.25%
100 EDISON INTL 720,237 45,425,000 0.25%
Page 2 of 8

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001472190-15-000004, filed 2015.10.28).

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.