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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 (2016Q4)
Portfolio Summary: 356 holdings with a total value of $19,570,001,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 HEALTHCARE RLTY TR 2,773,000 84,077,000 0.43%
52 DUKE REALTY CORP 3,163,000 84,009,000 0.43%
53 ORACLE CORP 2,173,072 83,555,000 0.43%
54 ROCKWELL AUTOMATION INC 616,750 82,891,000 0.42%
55 CVS HEALTH CORP 1,046,844 82,606,000 0.42%
56 BRISTOL MYERS SQUIBB CO 1,386,609 81,033,000 0.41%
57 VEREIT 9,047,225 76,540,000 0.39%
58 AMERICAN ELEC P 1,214,078 76,438,000 0.39%
59 VISA INC 965,900 75,360,000 0.39%
60 SUNSTONE HOTEL INVESTORS REIT 4,852,005 73,993,000 0.38%
61 CATERPILLAR INC 778,007 72,152,000 0.37%
62 ABBVIE INC 1,098,023 68,758,000 0.35%
63 ECOLAB INC 579,686 67,951,000 0.35%
64 GENERAL MTRS CO 1,941,481 67,641,000 0.35%
65 CARDINAL HEALTH INC 937,371 67,463,000 0.34%
66 CAMDEN PROPERTY TRUS 800,511 67,299,000 0.34%
67 QUALCOMM INC 1,009,722 65,834,000 0.34%
68 LILLY ELI & CO 892,652 65,655,000 0.34%
69 PUBLIC SVC ENTERPRISE GRP IN 1,487,025 65,251,000 0.33%
70 CSX CORP 1,811,331 65,081,000 0.33%
71 APARTMENT INVT & MGMT CO 1,427,000 64,857,000 0.33%
72 CAPITAL ONE FINL CORP 741,179 64,660,000 0.33%
73 DANAHER CORP DEL 823,895 64,132,000 0.33%
74 PHILLIPS 66 730,034 63,082,000 0.32%
75 CONSOLIDATED EDISON INC 850,452 62,661,000 0.32%
76 WASTE MGMT INC DEL 883,010 62,614,000 0.32%
77 DISCOVER FINANCIAL 864,317 62,309,000 0.32%
78 TARGET CORP 837,922 60,523,000 0.31%
79 COSTCO WHSL CORP NEW 373,721 59,836,000 0.31%
80 VALERO ENERGY CORP NEW 861,304 58,844,000 0.30%
81 PRAXAIR INC 497,572 58,310,000 0.30%
82 ANTHEM INC 400,784 57,621,000 0.29%
83 UNITED TECHNOLOGIES CORP 522,506 57,277,000 0.29%
84 EMERSON ELEC CO 997,606 55,617,000 0.28%
85 AMERICAN WTR WKS CO INC NEW 737,693 53,379,000 0.27%
86 INTL PAPER CO 1,000,686 53,096,000 0.27%
87 LYONDELLBASELL INDUSTRIES N 617,912 53,004,000 0.27%
88 LIBERTY PROP 1,337,000 52,812,000 0.27%
89 CUMMINS INC 385,644 52,706,000 0.27%
90 CORNING INC 2,157,303 52,358,000 0.27%
91 UNITED RENTALS 492,601 52,009,000 0.27%
92 MCKESSON CORP 369,521 51,899,000 0.27%
93 COMPUTER SCIENCE 869,262 51,652,000 0.26%
94 PHYSICIANS RLTY TR 2,724,000 51,647,000 0.26%
95 EXELON CORP 1,443,199 51,219,000 0.26%
96 AMEREN CORP 975,669 51,184,000 0.26%
97 CENTERPOINT ENERGY INC 2,068,254 50,962,000 0.26%
98 TEVA PHARMACEUTICAL INDS LTD 1,401,284 50,797,000 0.26%
99 EDISON INTL 700,314 50,416,000 0.26%
100 TE CONNECTIVITY LTD 726,481 50,331,000 0.26%
Page 2 of 8

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001472190-17-000001, filed 2017.01.24).

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.