PGGM Investments Diversified Active

CIK: 0001472190 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 9, 2026

Total Value ($000): $6,316 (100.0% shares, 0.0% debt)

Holdings (66)

New Positions (4)

HR HEALTHCARE RLTY TR CL A COM 1.8%

Value ($000) $113 Shares 6,689,638 Est. Cost $0.02 Unrealized —

VTR VENTAS INC COM 1.6%

Value ($000) $99 Shares 1,275,340 Est. Cost $74.98 Unrealized 0.0%

PG PROCTER AND GAMBLE CO COM 0.8%

Value ($000) $48 Shares 336,355 Est. Cost $147.17 Unrealized 0.0%

UBER UBER TECHNOLOGIES INC COM 0.2%

Value ($000) $12 Shares 144,418 Est. Cost $90.05 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HR	HEALTHCARE RLTY TR CL A COM	6,689,638	$113	1.8%	$0.02	—	COM	42226K105
VTR	VENTAS INC COM	1,275,340	$99	1.6%	$74.98	0.0%	COM	92276F100
PG	PROCTER AND GAMBLE CO COM	336,355	$48	0.8%	$147.17	0.0%	COM	742718109
UBER	UBER TECHNOLOGIES INC COM	144,418	$12	0.2%	$90.05	0.0%	COM	90353T100

Increased Positions (17)

PLD PROLOGIS INC. COM 5.1%

Value ($000) $324 (+44.1%) Shares 2,538,946 (+29.2%) Est. Cost $90.43 Unrealized +37.0%

LLY ELI LILLY CO COM 2.2%

Value ($000) $136 (+84.8%) Shares 126,939 (+31.2%) Est. Cost $830.44 Unrealized +15.1%

AVB AVALONBAY CMNTYS INC COM 2.2%

Value ($000) $142 (+44.1%) Shares 781,956 (+53.5%) Est. Cost $191.61 Unrealized -6.2%

WCN WASTE CONNECTIONS INC COM 1.2%

Value ($000) $74 (+66.3%) Shares 423,659 (+66.7%) Est. Cost $183.19 Unrealized -5.7%

NEE NEXTERA ENERGY INC COM 1.8%

Value ($000) $117 (+18.8%) Shares 1,453,747 (+11.7%) Est. Cost $69.48 Unrealized +18.7%

IQV IQVIA HLDGS INC COM 0.9%

Value ($000) $55 (+45.4%) Shares 243,486 (+22.5%) Est. Cost $181.95 Unrealized +19.6%

AAPL APPLE INC COM 1.5%

Value ($000) $97 (+12.6%) Shares 357,916 (+5.5%) Est. Cost $170.32 Unrealized +57.6%

TTEK TETRA TECH INC NEW COM 0.7%

Value ($000) $46 (+26.2%) Shares 1,381,017 (+25.6%) Est. Cost $35.31 Unrealized -4.2%

CNM CORE MAIN INC CL A 0.4%

Value ($000) $24 (+51.2%) Shares 467,436 (+56.6%) Est. Cost $52.69 Unrealized -2.7%

RHP RYMAN HOSPITALITY PPTYS INC COM 1.2%

Value ($000) $74 (+11.8%) Shares 785,000 (+5.8%) Est. Cost $0.10 Unrealized —

V VISA INC COM CL A 1.1%

Value ($000) $71 (+10.8%) Shares 201,217 (+7.9%) Est. Cost $301.56 Unrealized +12.9%

KRC KILROY RLTY CORP COM 1.6%

Value ($000) $98 (-6.3%) Shares 2,628,946 (+6.0%) Est. Cost $18.22 Unrealized —

MKC MCCORMICK CO INC COM NON VTG 0.8%

Value ($000) $51 (+12.2%) Shares 746,607 (+10.2%) Est. Cost $70.40 Unrealized -6.4%

UDR UDR INC COM 2.4%

Value ($000) $152 (+2.3%) Shares 4,133,474 (+3.9%) Est. Cost $40.09 Unrealized -11.4%

INVH INVITATION HOMES INC COM 2.6%

Value ($000) $163 (-2.0%) Shares 5,868,534 (+3.5%) Est. Cost $26.66 Unrealized +3.7%

PSA PUBLIC STORAGE OPER CO COM 0.5%

Value ($000) $29 (-7.9%) Shares 113,331 (+2.5%) Est. Cost $243.38 Unrealized +13.9%

MSFT MICROSOFT CORP COM 3.1%

Value ($000) $198 (+0.5%) Shares 408,683 (+7.7%) Est. Cost $248.87 Unrealized +101.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLD	PROLOGIS INC. COM	2,538,946 (+29.2%)	$324 (+44.1%)	5.1%	$90.43	+37.0%	COM	74340W103
LLY	ELI LILLY CO COM	126,939 (+31.2%)	$136 (+84.8%)	2.2%	$830.44	+15.1%	COM	532457108
AVB	AVALONBAY CMNTYS INC COM	781,956 (+53.5%)	$142 (+44.1%)	2.2%	$191.61	-6.2%	COM	053484101
WCN	WASTE CONNECTIONS INC COM	423,659 (+66.7%)	$74 (+66.3%)	1.2%	$183.19	-5.7%	COM	94106B101
NEE	NEXTERA ENERGY INC COM	1,453,747 (+11.7%)	$117 (+18.8%)	1.8%	$69.48	+18.7%	COM	65339F101
IQV	IQVIA HLDGS INC COM	243,486 (+22.5%)	$55 (+45.4%)	0.9%	$181.95	+19.6%	COM	46266C105
AAPL	APPLE INC COM	357,916 (+5.5%)	$97 (+12.6%)	1.5%	$170.32	+57.6%	COM	037833100
TTEK	TETRA TECH INC NEW COM	1,381,017 (+25.6%)	$46 (+26.2%)	0.7%	$35.31	-4.2%	COM	88162G103
CNM	CORE MAIN INC CL A	467,436 (+56.6%)	$24 (+51.2%)	0.4%	$52.69	-2.7%	CLASS A	21874C102
RHP	RYMAN HOSPITALITY PPTYS INC COM	785,000 (+5.8%)	$74 (+11.8%)	1.2%	$0.10	—	COM	78377T107
V	VISA INC COM CL A	201,217 (+7.9%)	$71 (+10.8%)	1.1%	$301.56	+12.9%	CLASS A	92826C839
KRC	KILROY RLTY CORP COM	2,628,946 (+6.0%)	$98 (-6.3%)	1.6%	$18.22	—	COM	49427F108
MKC	MCCORMICK CO INC COM NON VTG	746,607 (+10.2%)	$51 (+12.2%)	0.8%	$70.40	-6.4%	COM	579780206
UDR	UDR INC COM	4,133,474 (+3.9%)	$152 (+2.3%)	2.4%	$40.09	-11.4%	COM	902653104
INVH	INVITATION HOMES INC COM	5,868,534 (+3.5%)	$163 (-2.0%)	2.6%	$26.66	+3.7%	COM	46187W107
PSA	PUBLIC STORAGE OPER CO COM	113,331 (+2.5%)	$29 (-7.9%)	0.5%	$243.38	+13.9%	COM	74460D109
MSFT	MICROSOFT CORP COM	408,683 (+7.7%)	$198 (+0.5%)	3.1%	$248.87	+101.1%	COM	594918104

Exited Positions (4)

BMRN BIOMARIN PHARMACEUTICAL INC COM 0.4%

Value ($000) $28 Shares 517,991 Est. Cost $71.39 Unrealized -23.7%

CPT CAMDEN PPTY TR SH BEN INT 0.4%

Value ($000) $23 Shares 210,852 Est. Cost $113.24 Unrealized -8.9%

FMC FMC CORP COM NEW 0.3%

Value ($000) $18 Shares 521,835 Est. Cost $93.38 Unrealized -79.7%

CTRE CARETRUST REIT INC COM 0.3%

Value ($000) $17 Shares 492,976 Est. Cost $0.03 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BMRN	BIOMARIN PHARMACEUTICAL INC COM	517,991	$28	0.4%	$71.39	-23.7%	—	09061G101
CPT	CAMDEN PPTY TR SH BEN INT	210,852	$23	0.4%	$113.24	-8.9%	—	133131102
FMC	FMC CORP COM NEW	521,835	$18	0.3%	$93.38	-79.7%	—	302491303
CTRE	CARETRUST REIT INC COM	492,976	$17	0.3%	$0.03	—	—	14174T107

Decreased Positions (20)

WELL WELLTOWER INC COM 6.0%

Value ($000) $378 (-24.2%) Shares 2,038,211 (-27.2%) Est. Cost $70.65 Unrealized +164.0%

DOC HEALTHPEAK PROPERTIES INC COM 1.5%

Value ($000) $92 (-35.1%) Shares 5,703,693 (-22.7%) Est. Cost $20.71 Unrealized -15.7%

ELS EQUITY LIFESTYLE PPTYS INC COM 1.3%

Value ($000) $81 (-34.6%) Shares 1,336,675 (-34.5%) Est. Cost $1.43 Unrealized —

CTVA CORTEVA INC COM 0.7%

Value ($000) $43 (-48.1%) Shares 640,956 (-47.6%) Est. Cost $44.56 Unrealized +44.8%

GOOGL ALPHABET INC CAP STK CL A 2.7%

Value ($000) $170 (+26.8%) Shares 543,993 (-1.6%) Est. Cost $132.53 Unrealized +115.5%

REXR REXFORD INDL RLTY INC COM 0.6%

Value ($000) $38 (-48.2%) Shares 981,766 (-45.0%) Est. Cost $24.37 Unrealized —

IRM IRON MTN INC DEL COM 2.2%

Value ($000) $137 (-20.0%) Shares 1,657,159 (-1.6%) Est. Cost $98.12 Unrealized -5.4%

EXR EXTRA SPACE STORAGE INC COM 2.9%

Value ($000) $184 (-10.7%) Shares 1,409,528 (-3.3%) Est. Cost $130.97 Unrealized +3.1%

FR FIRST INDL RLTY TR INC COM 1.6%

Value ($000) $100 (-16.6%) Shares 1,752,583 (-25.0%) Est. Cost $0.05 Unrealized —

MDT MEDTRONIC PLC SHS 1.5%

Value ($000) $97 (-14.3%) Shares 1,011,914 (-15.1%) Est. Cost $81.03 Unrealized +19.9%

AVGO BROADCOM INC COM 1.3%

Value ($000) $82 (-15.8%) Shares 235,723 (-19.7%) Est. Cost $185.81 Unrealized +92.1%

APTV APTIV PLC COM SHS 0.3%

Value ($000) $17 (-45.8%) Shares 223,372 (-38.6%) Est. Cost $61.58 Unrealized +30.4%

EQIX EQUINIX INC COM 4.4%

Value ($000) $280 (-4.0%) Shares 365,234 (-1.8%) Est. Cost $755.06 Unrealized +3.5%

TMO THERMO FISHER SCIENTIFIC INC COM 3.2%

Value ($000) $201 (+5.6%) Shares 346,371 (-11.6%) Est. Cost $335.56 Unrealized +68.4%

ARGX ARGENX SE SPONSORED ADR 0.7%

Value ($000) $46 (-18.5%) Shares 54,830 (-28.5%) Est. Cost $0.45 Unrealized —

ADC AGREE RLTY CORP COM 1.2%

Value ($000) $74 (-10.9%) Shares 1,027,100 (-12.1%) Est. Cost $0.07 Unrealized —

HAIN HAIN CELESTIAL GROUP INC COM 0.0%

Value ($000) $0 (-96.9%) Shares 189,734 (-95.5%) Est. Cost $19.79 Unrealized -93.8%

FRT FEDERAL RLTY INVT TR NEW SH BEN INT NEW 1.6%

Value ($000) $103 (-4.7%) Shares 1,026,327 (-4.2%) Est. Cost $97.64 Unrealized -0.3%

WMS ADVANCED DRAIN SYS INC DEL COM 0.8%

Value ($000) $49 (-8.6%) Shares 339,867 (-12.5%) Est. Cost $113.75 Unrealized +27.2%

RUN SUNRUN INC COM 2.2%

Value ($000) $141 (-1.2%) Shares 7,667,413 (-7.1%) Est. Cost $11.48 Unrealized +67.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WELL	WELLTOWER INC COM	2,038,211 (-27.2%)	$378 (-24.2%)	6.0%	$70.65	+164.0%	COM	95040Q104
DOC	HEALTHPEAK PROPERTIES INC COM	5,703,693 (-22.7%)	$92 (-35.1%)	1.5%	$20.71	-15.7%	COM	42250P103
ELS	EQUITY LIFESTYLE PPTYS INC COM	1,336,675 (-34.5%)	$81 (-34.6%)	1.3%	$1.43	—	COM	29472R108
CTVA	CORTEVA INC COM	640,956 (-47.6%)	$43 (-48.1%)	0.7%	$44.56	+44.8%	COM	22052L104
GOOGL	ALPHABET INC CAP STK CL A	543,993 (-1.6%)	$170 (+26.8%)	2.7%	$132.53	+115.5%	CLASS A	02079K305
REXR	REXFORD INDL RLTY INC COM	981,766 (-45.0%)	$38 (-48.2%)	0.6%	$24.37	—	COM	76169C100
IRM	IRON MTN INC DEL COM	1,657,159 (-1.6%)	$137 (-20.0%)	2.2%	$98.12	-5.4%	COM	46284V101
EXR	EXTRA SPACE STORAGE INC COM	1,409,528 (-3.3%)	$184 (-10.7%)	2.9%	$130.97	+3.1%	COM	30225T102
FR	FIRST INDL RLTY TR INC COM	1,752,583 (-25.0%)	$100 (-16.6%)	1.6%	$0.05	—	COM	32054K103
MDT	MEDTRONIC PLC SHS	1,011,914 (-15.1%)	$97 (-14.3%)	1.5%	$81.03	+19.9%	SHS	G5960L103
AVGO	BROADCOM INC COM	235,723 (-19.7%)	$82 (-15.8%)	1.3%	$185.81	+92.1%	COM	11135F101
APTV	APTIV PLC COM SHS	223,372 (-38.6%)	$17 (-45.8%)	0.3%	$61.58	+30.4%	SHS	G3265R107
EQIX	EQUINIX INC COM	365,234 (-1.8%)	$280 (-4.0%)	4.4%	$755.06	+3.5%	COM	29444U700
TMO	THERMO FISHER SCIENTIFIC INC COM	346,371 (-11.6%)	$201 (+5.6%)	3.2%	$335.56	+68.4%	COM	883556102
ARGX	ARGENX SE SPONSORED ADR	54,830 (-28.5%)	$46 (-18.5%)	0.7%	$0.45	—	ADR	04016X101
ADC	AGREE RLTY CORP COM	1,027,100 (-12.1%)	$74 (-10.9%)	1.2%	$0.07	—	COM	008492100
HAIN	HAIN CELESTIAL GROUP INC COM	189,734 (-95.5%)	$0 (-96.9%)	0.0%	$19.79	-93.8%	COM	405217100
FRT	FEDERAL RLTY INVT TR NEW SH BEN INT NEW	1,026,327 (-4.2%)	$103 (-4.7%)	1.6%	$97.64	-0.3%	NEW	313745101
WMS	ADVANCED DRAIN SYS INC DEL COM	339,867 (-12.5%)	$49 (-8.6%)	0.8%	$113.75	+27.2%	COM	00790R104
RUN	SUNRUN INC COM	7,667,413 (-7.1%)	$141 (-1.2%)	2.2%	$11.48	+67.0%	COM	86771W105

Unchanged Positions (25)

ALB ALBEMARLE CORP COM 2.7%

Value ($000) $168 Shares 1,185,005 Est. Cost $96.77 Unrealized +17.0%

ILMN ILLUMINA INC COM 2.4%

Value ($000) $151 Shares 1,149,408 Est. Cost $106.56 Unrealized +10.2%

ARE ALEXANDRIA REAL ESTATE EQ IN COM 0.9%

Value ($000) $55 Shares 1,130,962 Est. Cost $98.24 Unrealized -40.9%

REGN REGENERON PHARMACEUTICALS COM 1.1%

Value ($000) $71 Shares 92,584 Est. Cost $602.76 Unrealized +12.6%

LIN LINDE PLC SHS 2.1%

Value ($000) $130 Shares 304,112 Est. Cost $413.77 Unrealized +3.3%

HDB HDFC BANK LTD SPONSORED ADS 2.2%

Value ($000) $139 Shares 3,799,908 Est. Cost $0.05 Unrealized —

DLR DIGITAL RLTY TR INC COM 1.1%

Value ($000) $67 Shares 434,240 Est. Cost $109.26 Unrealized +49.3%

ISRG INTUITIVE SURGICAL INC COM NEW 0.6%

Value ($000) $35 Shares 62,273 Est. Cost $516.47 Unrealized +3.1%

ABT ABBOTT LABS COM 1.6%

Value ($000) $101 Shares 810,054 Est. Cost $97.02 Unrealized +31.2%

ROP ROPER TECHNOLOGIES INC COM 0.8%

Value ($000) $54 Shares 120,496 Est. Cost $538.36 Unrealized -14.2%

CDNS CADENCE DESIGN SYSTEM INC COM 0.8%

Value ($000) $49 Shares 158,267 Est. Cost $290.76 Unrealized +12.2%

BRX BRIXMOR PPTY GROUP INC COM 1.5%

Value ($000) $97 Shares 3,702,302 Est. Cost $0.02 Unrealized —

SEDG SOLAREDGE TECHNOLOGIES INC COM 0.3%

Value ($000) $19 Shares 660,481 Est. Cost $29.86 Unrealized +16.8%

CUBE CUBESMART COM 0.5%

Value ($000) $34 Shares 943,848 Est. Cost $26.52 Unrealized —

SNPS SYNOPSYS INC COM 1.0%

Value ($000) $66 Shares 140,654 Est. Cost $481.97 Unrealized -7.8%

COLD AMERICOLD REALTY TRUST INC COM 0.9%

Value ($000) $59 Shares 4,619,178 Est. Cost $0.03 Unrealized —

SPG SIMON PPTY GROUP INC NEW COM 2.3%

Value ($000) $145 Shares 784,908 Est. Cost $85.50 Unrealized +110.5%

ADM ARCHER DANIELS MIDLAND CO COM 0.8%

Value ($000) $48 Shares 830,238 Est. Cost $60.80 Unrealized -2.2%

JCI JOHNSON CTLS INTL PLC SHS 0.4%

Value ($000) $22 Shares 186,729 Est. Cost $78.53 Unrealized +46.2%

TT TRANE TECHNOLOGIES PLC SHS 0.3%

Value ($000) $22 Shares 55,542 Est. Cost $296.80 Unrealized +39.3%

MAC MACERICH CO COM 1.2%

Value ($000) $74 Shares 4,022,858 Est. Cost $0.02 Unrealized —

HST HOST HOTELS RESORTS INC COM 0.3%

Value ($000) $22 Shares 1,227,288 Est. Cost $15.21 Unrealized +11.3%

AGRO ADECOAGRO S A COM 0.5%

Value ($000) $32 Shares 4,047,287 Est. Cost $7.52 Unrealized +4.4%

EPRT ESSENTIAL PPTYS RLTY TR INC COM 1.3%

Value ($000) $81 Shares 2,740,968 Est. Cost $0.03 Unrealized —

NVDA NVIDIA CORPORATION COM 2.1%

Value ($000) $135 Shares 726,231 Est. Cost $96.37 Unrealized +93.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ALB	ALBEMARLE CORP COM	1,185,005	$168	2.7%	$96.77	+17.0%	COM	012653101
ILMN	ILLUMINA INC COM	1,149,408	$151	2.4%	$106.56	+10.2%	COM	452327109
ARE	ALEXANDRIA REAL ESTATE EQ IN COM	1,130,962	$55	0.9%	$98.24	-40.9%	COM	015271109
REGN	REGENERON PHARMACEUTICALS COM	92,584	$71	1.1%	$602.76	+12.6%	COM	75886F107
LIN	LINDE PLC SHS	304,112	$130	2.1%	$413.77	+3.3%	SHS	G54950103
HDB	HDFC BANK LTD SPONSORED ADS	3,799,908	$139	2.2%	$0.05	—	ADS	40415F101
DLR	DIGITAL RLTY TR INC COM	434,240	$67	1.1%	$109.26	+49.3%	COM	253868103
ISRG	INTUITIVE SURGICAL INC COM NEW	62,273	$35	0.6%	$516.47	+3.1%	NEW	46120E602
ABT	ABBOTT LABS COM	810,054	$101	1.6%	$97.02	+31.2%	COM	002824100
ROP	ROPER TECHNOLOGIES INC COM	120,496	$54	0.8%	$538.36	-14.2%	COM	776696106
CDNS	CADENCE DESIGN SYSTEM INC COM	158,267	$49	0.8%	$290.76	+12.2%	COM	127387108
BRX	BRIXMOR PPTY GROUP INC COM	3,702,302	$97	1.5%	$0.02	—	COM	11120U105
SEDG	SOLAREDGE TECHNOLOGIES INC COM	660,481	$19	0.3%	$29.86	+16.8%	COM	83417M104
CUBE	CUBESMART COM	943,848	$34	0.5%	$26.52	—	COM	229663109
SNPS	SYNOPSYS INC COM	140,654	$66	1.0%	$481.97	-7.8%	COM	871607107
COLD	AMERICOLD REALTY TRUST INC COM	4,619,178	$59	0.9%	$0.03	—	COM	03064D108
SPG	SIMON PPTY GROUP INC NEW COM	784,908	$145	2.3%	$85.50	+110.5%	COM	828806109
ADM	ARCHER DANIELS MIDLAND CO COM	830,238	$48	0.8%	$60.80	-2.2%	COM	039483102
JCI	JOHNSON CTLS INTL PLC SHS	186,729	$22	0.4%	$78.53	+46.2%	SHS	G51502105
TT	TRANE TECHNOLOGIES PLC SHS	55,542	$22	0.3%	$296.80	+39.3%	SHS	G8994E103
MAC	MACERICH CO COM	4,022,858	$74	1.2%	$0.02	—	COM	554382101
HST	HOST HOTELS RESORTS INC COM	1,227,288	$22	0.3%	$15.21	+11.3%	COM	44107P104
AGRO	ADECOAGRO S A COM	4,047,287	$32	0.5%	$7.52	+4.4%	COM	L00849106
EPRT	ESSENTIAL PPTYS RLTY TR INC COM	2,740,968	$81	1.3%	$0.03	—	COM	29670E107
NVDA	NVIDIA CORPORATION COM	726,231	$135	2.1%	$96.37	+93.1%	COM	67066G104