PGGM Investments Buys Welltower Inc, Duke Realty Corp, Essex Property Trust Inc, Sells Liberty Property Trust, Extra Space Storage Inc, Twenty-First Century Fox Inc

• New Purchases: WELL, DRE, SUI, EPR, CUBE, AJG, IPG, ORI, BRO, CNA,
• Added Positions: ESS, REG, FRT, INVH, ARE, SPG, T, AFL, QTS, BXP,
• Reduced Positions: LPT, EXR, FOXA, EQR, KIM, BLK, ITW, ICE, NTAP, EIX,
• Sold Out: DPS, LRCX, XL, PNR, Y, FLEX, DUK, PCG, VMW, ETR,

For the details of PGGM Investments's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PGGM+Investments

1. Simon Property Group Inc (SPG) - 3,689,000 shares, 3.22% of the total portfolio. Shares added by 7.61%
2. Boston Properties Inc (BXP) - 3,174,000 shares, 2.21% of the total portfolio. Shares added by 7.59%
3. Prologis Inc (PLD) - 6,203,000 shares, 2.21% of the total portfolio. Shares added by 7.60%
4. Apple Inc (AAPL) - 2,305,200 shares, 2.19% of the total portfolio.
5. Welltower Inc (WELL) - 6,994,000 shares, 2.15% of the total portfolio. New Position

PGGM Investments initiated holding in Welltower Inc. The purchase prices were between $52.03 and $64.14, with an estimated average price of $56.46. The stock is now traded at around $49.86. The impact to a portfolio due to this purchase was 2.15%. The holding were 6,994,000 shares as of 2018-03-31.

PGGM Investments initiated holding in Duke Realty Corp. The purchase prices were between $24.52 and $26.97, with an estimated average price of $25.73. The stock is now traded at around $26.35. The impact to a portfolio due to this purchase was 0.7%. The holding were 4,678,600 shares as of 2018-03-31.

PGGM Investments initiated holding in EPR Properties. The purchase prices were between $53.18 and $65.46, with an estimated average price of $58.06. The stock is now traded at around $54.48. The impact to a portfolio due to this purchase was 0.38%. The holding were 1,227,000 shares as of 2018-03-31.

PGGM Investments initiated holding in Sun Communities Inc. The purchase prices were between $83.96 and $91.76, with an estimated average price of $88.27. The stock is now traded at around $92.64. The impact to a portfolio due to this purchase was 0.38%. The holding were 742,000 shares as of 2018-03-31.

PGGM Investments initiated holding in CubeSmart. The purchase prices were between $25.34 and $28.97, with an estimated average price of $27.26. The stock is now traded at around $28.19. The impact to a portfolio due to this purchase was 0.28%. The holding were 1,740,000 shares as of 2018-03-31.

PGGM Investments initiated holding in Arthur J. Gallagher & Co. The purchase prices were between $62.17 and $72.63, with an estimated average price of $67.47. The stock is now traded at around $68.88. The impact to a portfolio due to this purchase was 0.03%. The holding were 81,656 shares as of 2018-03-31.

PGGM Investments added to a holding in Essex Property Trust Inc by 47.26%. The purchase prices were between $217.81 and $243.67, with an estimated average price of $230.65. The stock is now traded at around $238.15. The impact to a portfolio due to this purchase was 0.47%. The holding were 1,075,000 shares as of 2018-03-31.

PGGM Investments added to a holding in Regency Centers Corp by 43.72%. The purchase prices were between $55.58 and $69.54, with an estimated average price of $60.41. The stock is now traded at around $56.56. The impact to a portfolio due to this purchase was 0.27%. The holding were 2,643,000 shares as of 2018-03-31.

PGGM Investments added to a holding in Federal Realty Investment Trust by 42.70%. The purchase prices were between $108.11 and $133.75, with an estimated average price of $118.29. The stock is now traded at around $113.05. The impact to a portfolio due to this purchase was 0.25%. The holding were 1,290,000 shares as of 2018-03-31.

PGGM Investments added to a holding in Invitation Homes Inc by 46.94%. The purchase prices were between $20.55 and $23.49, with an estimated average price of $22.19. The stock is now traded at around $23.16. The impact to a portfolio due to this purchase was 0.25%. The holding were 6,026,000 shares as of 2018-03-31.

PGGM Investments added to a holding in AT&T Inc by 33.33%. The purchase prices were between $34.69 and $39.16, with an estimated average price of $36.85. The stock is now traded at around $33.47. The impact to a portfolio due to this purchase was 0.22%. The holding were 4,363,208 shares as of 2018-03-31.

PGGM Investments added to a holding in Aflac Inc by 73.62%. The purchase prices were between $41.63 and $45.85, with an estimated average price of $44.23. The stock is now traded at around $45.34. The impact to a portfolio due to this purchase was 0.18%. The holding were 1,744,201 shares as of 2018-03-31.

PGGM Investments sold out a holding in Dr Pepper Snapple Group Inc. The sale prices were between $94.91 and $120.1, with an estimated average price of $110.86.

PGGM Investments sold out a holding in Lam Research Corp. The sale prices were between $162.23 and $228.65, with an estimated average price of $198.07.

PGGM Investments sold out a holding in XL Group Ltd. The sale prices were between $34.02 and $55.92, with an estimated average price of $43.89.

PGGM Investments sold out a holding in Duke Energy Corp. The sale prices were between $74.32 and $83.23, with an estimated average price of $77.3.

PGGM Investments sold out a holding in Flex Ltd. The sale prices were between $16.31 and $19.61, with an estimated average price of $18.11.

PGGM Investments sold out a holding in Alleghany Corp. The sale prices were between $562.45 and $633.8, with an estimated average price of $602.94.