ARIZONA STATE RETIREMENT SYSTEM
PensionFiling Date
Global Rank
#306
/ 8,622
▼ 14
· as of Mar 2026
Top Industry
Semiconductors
12.1%
3Y Alpha vs SPY
-2.8%
Period ended 4 months ago
Filed May 1, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+65.3%
SPY
+67.9%
Annualised alpha
-0.6%
Max drawdown
−19.3%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
2,031 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
7.0%
−0.2 pts
Top 5
23.4%
−1.9 pts
Top 10
32.0%
−2.8 pts
HHI
156
Diversified−21
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 32.4% | $5,415,011,529 |
| Financial Services | 12.7% | $2,119,635,213 |
| Consumer Cyclical | 10.4% | $1,735,931,878 |
| Healthcare | 10.2% | $1,697,099,862 |
| Industrials | 9.8% | $1,635,260,844 |
| Communication Services | 7.7% | $1,278,987,884 |
| Consumer Defensive | 5.2% | $861,117,279 |
| Energy | 4.3% | $725,353,108 |
| Utilities | 2.5% | $425,075,862 |
| Real Estate | 2.5% | $416,572,023 |
| Basic Materials | 2.2% | $375,336,218 |
| Unclassified | 0.1% | $8,872,793 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| HBAN | Huntington Bancshares Inc /Md/ | +119,476 | 550,804 | $8,620,082 | |
| FITB | Fifth Third Bancorp | +62,666 | 244,323 | $11,351,246 | |
| PLUG | Plug Power Inc | +49,673 | 363,138 | $820,691 | |
| COMP | Compass, Inc. | +39,821 | 176,550 | $1,290,580 | |
| GPGI | GPGI, Inc. | +35,754 | 51,320 | $877,572 | |
| RYN | Rayonier Inc | +34,113 | 78,798 | $1,624,814 | |
| PANW | Palo Alto Networks Inc | +30,694 | 221,398 | $35,494,527 | |
| SM | SM Energy Co | +27,214 | 58,929 | $1,837,406 | |
| RXRX | Recursion Pharmaceuticals, Inc. | +20,383 | 121,706 | $373,637 | |
| AUR | Aurora Innovation, Inc. | +16,319 | 328,909 | $1,355,105 | |
| CRWV | CoreWeave, Inc. | +16,194 | 64,274 | $4,979,306 | |
| ONDS | Ondas Inc. | +14,802 | 111,180 | $1,005,067 | |
| SOFI | SoFi Technologies, Inc. | +14,522 | 343,363 | $5,452,604 | |
| PIPR | Piper Sandler Companies | +14,493 | 19,436 | $1,487,825 | |
| CCL | Carnival Corp Ltd. | +13,719 | 302,488 | $7,828,389 | |
| SF | Stifel Financial Corp | +13,428 | 41,955 | $3,101,313 | |
| SARO | StandardAero, Inc. | +12,922 | 54,166 | $1,399,107 | |
| TEX | Terex Corp | +12,840 | 31,163 | $1,841,733 | |
| BTSG | BrightSpring Health Services, Inc. | +12,368 | 39,553 | $1,685,353 | |
| RKLB | Rocket Lab Corp | +10,451 | 130,627 | $8,388,865 | |
| WAT | Waters Corp /De/ | +10,372 | 26,733 | $7,961,087 | |
| ORC | Orchid Island Capital, Inc. | +9,531 | 50,361 | $354,037 | |
| EVLV | Evolv Technologies Holdings, Inc. | +9,519 | 43,167 | $261,160 | |
| NLY | Annaly Capital Management Inc | +9,334 | 185,594 | $3,925,313 | |
| TTAN | ServiceTitan, Inc. | +8,963 | 15,576 | $988,452 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NVDA | Nvidia Corp | −247,968 | 6,657,774 | $1,161,115,785 | |
| AAPL | Apple Inc. | −167,619 | 4,026,974 | $1,022,005,731 | |
| BAC | Bank Of America Corp /De/ | −99,891 | 1,877,644 | $91,535,145 | |
| T | At&T Inc. | −96,354 | 1,943,801 | $56,350,790 | |
| AMZN | Amazon Com Inc | −72,266 | 2,636,038 | $549,007,634 | |
| MSFT | Microsoft Corp | −59,108 | 1,934,523 | $716,102,378 | |
| GOOGL | Alphabet Inc. | −51,996 | 1,594,517 | $458,519,308 | |
| XOM | ExxonMobil Holdings Corp | −51,872 | 1,155,274 | $196,003,786 | |
| KO | Coca Cola Co | −46,688 | 1,119,915 | $85,169,535 | |
| CSCO | Cisco Systems, Inc. | −46,629 | 1,082,530 | $83,993,502 | |
| PFE | Pfizer Inc | −42,519 | 1,557,209 | $43,726,428 | |
| CMCSA | Comcast Corp | −42,223 | 995,776 | $28,588,728 | |
| WFC | Wells Fargo & Company/Mn | −40,904 | 860,055 | $68,468,978 | |
| VRRM | VERRA MOBILITY Corp | −40,520 | 43,828 | $626,302 | |
| VZ | Verizon Communications Inc | −36,065 | 1,155,226 | $57,992,345 | |
| INTC | Intel Corp | −35,651 | 1,238,224 | $54,642,825 | |
| AVGO | Broadcom Inc. | −31,577 | 1,234,074 | $381,958,243 | |
| C | Citigroup Inc | −30,323 | 490,144 | $55,587,231 | |
| SCHW | Schwab Charles Corp | −29,558 | 462,555 | $43,470,918 | |
| F | Ford Motor Co | −29,313 | 1,072,270 | $12,373,995 | |
| WMT | Walmart Inc. | −27,180 | 1,201,027 | $149,263,635 | |
| NFLX | Netflix Inc | −26,968 | 1,160,952 | $111,625,534 | |
| PG | PROCTER & GAMBLE Co | −26,721 | 640,302 | $92,485,220 | |
| CVX | Chevron Corp | −25,884 | 524,172 | $108,451,186 | |
| NEE | Nextera Energy Inc | −24,424 | 564,210 | $52,403,824 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AMCR | Amcor plc | 125,556 | $4,990,851 | |
| PNFP | Pinnacle Financial Partners, Inc. | 41,063 | $3,537,166 | |
| IREN | IREN Ltd | 89,217 | $3,058,358 | |
| VSNT | Versant Media Group, Inc. | 39,595 | $1,465,806 | |
| INDV | Indivior Pharmaceuticals, Inc. | 29,150 | $888,492 | |
| TERN | Terns Pharmaceuticals, Inc. | 15,624 | $823,697 | |
| AXTI | Axt Inc | 14,423 | $821,822 | |
| DNTH | Dianthus Therapeutics, Inc. /DE/ | 9,595 | $805,212 | |
| ERAS | Erasca, Inc. | 46,757 | $756,528 | |
| LGN | Legence Corp. | 11,073 | $625,181 | |
| NKTR | Nektar Therapeutics | 6,661 | $479,258 | |
| HYMC | Hycroft Mining Holding Corp | 13,248 | $466,329 | |
| ICHR | Ichor Holdings, Ltd. | 9,444 | $440,184 | |
| DFTX | Definium Therapeutics, Inc. | 22,054 | $416,820 | |
| CAPR | Capricor Therapeutics, Inc. | 13,448 | $408,819 | |
| ALMS | Alumis Inc. | 17,751 | $391,054 | |
| DCH | Dauch Corp | 64,561 | $382,846 | |
| BF-A | Brown Forman Corp | 13,894 | $372,220 | |
| ELVN | Enliven Therapeutics, Inc. | 8,965 | $351,428 | |
| DEC | Diversified Energy Co | 18,222 | $317,791 | |
| KOD | Kodiak Sciences Inc. | 7,979 | $304,159 | |
| AEHR | Aehr Test Systems | 7,992 | $296,343 | |
| ORKA | Oruka Therapeutics, Inc. | 5,980 | $293,319 | |
| RYZ | Ryerson Holding Corp | 12,724 | $286,035 | |
| ALH | Alliance Laundry Holdings Inc. | 13,555 | $281,130 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| EXAS | EXACT SCIENCES CORP | 52,752 | $5,357,493 | |
| TGNA | TEGNA INC | 44,877 | $871,062 | |
| ELME | Elme Communities | 24,545 | $427,083 | |
| VITL | Vital Farms, Inc. | 9,894 | $316,014 | |
| CSTL | Castle Biosciences Inc | 8,071 | $313,961 | |
| GLDD | Great Lakes Dredge & Dock CORP | 18,834 | $247,102 | |
| FUBO | FuboTV Inc. | 95,613 | $240,944 | |
| EVER | EverQuote, Inc. | 8,194 | $221,238 | |
| APOG | Apogee Enterprises, Inc. | 6,001 | $218,496 | |
| ROOT | Root, Inc. | 3,020 | $218,134 | |
| AMWD | American Woodmark Corp | 4,031 | $217,270 | |
| HNGE | Hinge Health, Inc. | 4,562 | $211,904 | |
| STAA | Staar Surgical Co | 9,106 | $210,257 | |
| SMP | Standard Motor Products, Inc. | 5,512 | $203,117 | |
| AMSF | Amerisafe Inc | 5,283 | $202,920 | |
| HRTG | Heritage Insurance Holdings, Inc. | 6,883 | $201,396 | |
| MIAX | Miami International Holdings, Inc. | 4,536 | $201,307 | |
| AQST | Aquestive Therapeutics, Inc. | 28,458 | $183,838 | |
| INN | Summit Hotel Properties, Inc. | 30,407 | $148,082 | |
| SABR | Sabre Corp | 104,051 | $141,509 | |
| WEAV | Weave Communications, Inc. | 17,234 | $130,806 | |
| OSPN | OneSpan Inc. | 10,070 | $129,298 | |
| EVH | Evolent Health, Inc. | 27,789 | $111,156 | |
| AKBA | Akebia Therapeutics, Inc. | 68,845 | $110,840 | |
| NAGE | Niagen Bioscience, Inc. | 15,540 | $98,834 | |
| No positions match the current search. | ||||
2,031 tracked positions ·
$16,694,254,493 total
· filing declares
2,051 positions · $17,099,776,712
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 2,031 positions by value
· page 1 of 41
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Reduced | 6,657,774 | $1,161,115,785 | 6.96% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 4,026,974 | $1,022,005,731 | 6.12% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 1,934,523 | $716,102,378 | 4.29% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 2,636,038 | $549,007,634 | 3.29% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 1,594,517 | $458,519,308 | 2.75% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 1,234,074 | $381,958,243 | 2.29% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 596,801 | $341,447,756 | 2.05% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 774,533 | $287,932,642 | 1.72% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 745,877 | $219,407,178 | 1.31% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 220,180 | $202,514,958 | 1.21% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 1,155,274 | $196,003,786 | 1.17% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 376,936 | $180,627,731 | 1.08% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 660,131 | $161,362,421 | 0.97% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 1,201,027 | $149,263,635 | 0.89% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 461,887 | $139,600,726 | 0.84% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Reduced | 121,612 | $121,177,845 | 0.73% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 232,088 | $115,965,090 | 0.69% | |
| NFLX |
Netflix Inc
Communication Services
|
Reduced | 1,160,952 | $111,625,534 | 0.67% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 524,172 | $108,451,186 | 0.65% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 484,297 | $105,329,754 | 0.63% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 308,369 | $104,179,382 | 0.62% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 640,302 | $92,485,220 | 0.55% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Reduced | 625,867 | $91,551,824 | 0.55% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
Reduced | 1,877,644 | $91,535,145 | 0.55% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 128,252 | $90,861,411 | 0.54% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 446,054 | $90,740,765 | 0.54% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 272,752 | $89,705,405 | 0.54% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 1,119,915 | $85,169,535 | 0.51% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 1,082,530 | $83,993,502 | 0.50% | |
| GE |
General Electric Co
Industrials
|
Reduced | 289,052 | $82,024,286 | 0.49% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 679,746 | $81,766,646 | 0.49% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 217,253 | $74,254,902 | 0.44% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 344,131 | $73,527,029 | 0.44% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 367,440 | $70,879,176 | 0.42% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 426,514 | $70,519,824 | 0.42% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 82,193 | $69,534,456 | 0.42% | |
| ORCL |
Oracle Corp
Technology
|
Reduced | 472,406 | $69,495,646 | 0.42% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Reduced | 860,055 | $68,468,978 | 0.41% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 248,183 | $67,155,837 | 0.40% | |
| GEV |
GE Vernova Inc.
Industrials
|
Reduced | 74,363 | $64,911,462 | 0.39% | |
| LIN |
Linde PLC
Basic Materials
|
Reduced | 127,936 | $63,425,551 | 0.38% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 256,101 | $62,076,321 | 0.37% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Reduced | 195,117 | $60,640,412 | 0.36% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 374,627 | $58,175,826 | 0.35% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Reduced | 1,155,226 | $57,992,345 | 0.35% | |
| T |
At&T Inc.
Communication Services
|
Reduced | 1,943,801 | $56,350,790 | 0.34% | |
| C |
Citigroup Inc
Financial Services
|
Reduced | 490,144 | $55,587,231 | 0.33% | |
| INTC |
Intel Corp
Technology
|
Reduced | 1,238,224 | $54,642,825 | 0.33% | |
| MS |
Morgan Stanley
Financial Services
|
Reduced | 325,286 | $53,532,317 | 0.32% | |
| KLAC |
Kla Corp
Technology
|
Reduced | 36,000 | $53,006,760 | 0.32% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.