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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 (2015Q4)
Portfolio Summary: 382 holdings with a total value of $18,885,637,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SIMON PROPERTY GROUP 3,844,625 747,549,000 3.96%
2 GENERAL GROWTH PPTYS INC NEW 15,081,026 410,355,000 2.17%
3 BOSTON PROPERTIES 3,200,197 408,153,000 2.16%
4 EQUITY RESIDENT 4,995,406 407,575,000 2.16%
5 WELLTOWER INC 5,322,488 362,089,000 1.92%
6 JOHNSON & JOHNSON 3,421,260 351,432,000 1.86%
7 PROLOGIS INC 7,440,318 319,338,000 1.69%
8 AT&T INC 9,209,016 316,882,000 1.68%
9 FEDERAL REALTY INVS 1,877,490 274,301,000 1.45%
10 PUBLIC STORAGE 1,087,467 269,366,000 1.43%
11 AVALONBAY COMM 1,317,892 242,663,000 1.28%
12 VORNADO RLTY TR 2,411,004 241,004,000 1.28%
13 MERCK & CO INC 4,442,075 234,630,000 1.24%
14 KIMCO REALTY 8,165,899 216,070,000 1.14%
15 UDR INC 5,588,745 209,969,000 1.11%
16 EXTRA SPACE STORAGE INC 2,348,375 207,150,000 1.10%
17 APPLE INC 1,964,041 206,735,000 1.09%
18 ESSEX PPTY TR INC 844,004 202,063,000 1.07%
19 GENERAL ELECTRIC CO 6,474,855 201,692,000 1.07%
20 MASTERCARD INCORPORATED 2,037,788 198,399,000 1.05%
21 PROCTER AND GAMBLE CO 2,493,040 197,972,000 1.05%
22 WATERS CORP 1,422,556 191,448,000 1.01%
23 HOST HOTELS & RESORTS INC COM 12,091,711 185,487,000 0.98%
24 QUALCOMM INC 3,698,439 184,866,000 0.98%
25 WELLS FARGO & CO NEW 3,336,703 181,383,000 0.96%
26 COCA COLA CO 3,996,077 171,671,000 0.91%
27 METTLER-TOLEDO 497,270 168,639,000 0.89%
28 MICROSOFT CORP 2,994,067 166,111,000 0.88%
29 SL GREEN REALTY CORP 1,431,097 161,685,000 0.86%
30 INTEL CORP 4,663,489 160,657,000 0.85%
31 JPMORGAN CHASE & CO 2,397,355 158,297,000 0.84%
32 VERIZON COMMUNICATIONS INC 3,320,109 153,455,000 0.81%
33 INTERNATIONAL BUSINESS MACHS 955,052 131,434,000 0.70%
34 DUKE REALTY CORP 6,185,435 130,018,000 0.69%
35 VENTAS INC 2,276,181 128,445,000 0.68%
36 PFIZER INC 3,955,212 127,674,000 0.68%
37 SMUCKER J M CO 1,011,165 124,717,000 0.66%
38 MCDONALDS CORP 1,038,773 122,721,000 0.65%
39 MACERICH CO 1,495,912 120,705,000 0.64%
40 PEPSICO INC 1,189,689 118,874,000 0.63%
41 CISCO SYS INC 4,317,802 117,250,000 0.62%
42 UNITEDHEALTH GROUP INC 993,545 116,881,000 0.62%
43 EBAY INC 4,076,302 112,017,000 0.59%
44 PAYPAL HLDGS INC 3,085,121 111,681,000 0.59%
45 NATIONAL RETAIL PROP 2,781,239 111,389,000 0.59%
46 CAMDEN PROPERTY TRUS 1,415,511 108,655,000 0.58%
47 KILROY RLTY CORP COM 1,707,916 108,077,000 0.57%
48 PARAMOUNT GROUP INC COM 5,964,121 107,951,000 0.57%
49 DDR Corp 6,407,692 107,906,000 0.57%
50 ALEX REAL ESTATE EQ 1,186,116 107,177,000 0.57%
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Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001472190-16-000005, filed 2016.01.19).

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.