Retirement Systems of Alabama
CIK
1593051
Location
MONTGOMERY, AL
Portfolio Value
Large
$33,212,401,377
Diversification
Diversified
Filing Date
Global Rank
#254
/ 8,818
▼ 14
Top Industry
Semiconductors
13.2%
Period ended 4 months ago
Filed Jul 28, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 28.9%, 82.6 effective positions, active share 30.3% against the Russell 1000 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
10.1% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 23.5 quarters (12+), a floor since 81.8% of the book was already held when coverage starts
Closest benchmark: the Russell 1000 as of 2026-06-30, active share 30.3%; sector active share 7.1% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
950 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
5.3%
+0.0 pts
Top 5
19.4%
+0.1 pts
Top 10
28.9%
+1.6 pts
HHI
121
Diversified+9
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 30.4% | $10,108,980,450 |
| Financial Services | 11.0% | $3,646,087,145 |
| Industrials | 10.8% | $3,582,479,728 |
| Consumer Cyclical | 9.2% | $3,039,310,026 |
| Healthcare | 8.0% | $2,664,537,490 |
| Unclassified | 7.8% | $2,588,299,322 |
| Communication Services | 7.5% | $2,487,712,297 |
| Real Estate | 4.5% | $1,484,698,947 |
| Consumer Defensive | 3.9% | $1,291,386,307 |
| Energy | 3.0% | $989,334,981 |
| Utilities | 2.1% | $704,655,555 |
| Basic Materials | 1.9% | $624,919,129 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| HPQ | Hp Inc | +2,062,495 | 2,257,439 | $49,528,211 | |
| BSX | Boston Scientific Corp | +831,916 | 1,146,848 | $48,947,472 | |
| NOW | ServiceNow, Inc. | +823,277 | 1,045,404 | $103,787,709 | |
| KLAC | Kla Corp | +611,545 | 679,931 | $205,141,982 | |
| BKNG | Booking Holdings Inc. | +558,155 | 581,759 | $103,692,724 | |
| MNST | Monster Beverage Corp | +437,939 | 589,398 | $56,652,935 | |
| CMS | Cms Energy Corp | +420,325 | 485,395 | $37,132,717 | |
| CVNA | Carvana Co. | +401,051 | 431,082 | $28,373,817 | |
| NFLX | Netflix Inc | +278,791 | 1,611,411 | $115,054,745 | |
| INTC | Intel Corp | +269,492 | 1,266,576 | $176,852,006 | |
| WDAY | Workday, Inc. | +199,830 | 540,288 | $66,142,056 | |
| MRVL | Marvell Technology, Inc. | +140,936 | 221,936 | $66,112,515 | |
| ORCL | Oracle Corp | +140,083 | 500,181 | $73,301,525 | |
| DVN | Devon Energy Corp | +110,491 | 242,210 | $10,008,117 | |
| GOOGL | Alphabet Inc. | +99,083 | 2,076,373 | $742,033,419 | |
| WFRD | Weatherford International plc | +76,969 | 164,892 | $13,438,698 | |
| META | Meta Platforms, Inc. | +73,049 | 777,021 | $437,688,159 | |
| AMD | Advanced Micro Devices Inc | +67,435 | 413,666 | $240,302,716 | |
| GOOG | Alphabet Inc. | +65,278 | 1,647,584 | $582,140,854 | |
| CELH | Celsius Holdings, Inc. | +60,408 | 615,019 | $18,007,756 | |
| ADBE | Adobe Inc. | +58,745 | 418,231 | $85,745,719 | |
| AHR | American Healthcare REIT, Inc. | +57,633 | 481,230 | $25,096,144 | |
| TTMI | Ttm Technologies Inc | +39,506 | 166,184 | $31,079,731 | |
| CHWY | Chewy, Inc. | +30,469 | 643,269 | $12,640,235 | |
| AR | ANTERO RESOURCES Corp | +29,413 | 746,636 | $26,236,789 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| KDP | Keurig Dr Pepper Inc. | −2,092,486 | 285,822 | $9,354,954 | |
| HPE | Hewlett Packard Enterprise Co | −1,958,426 | 2,324,701 | $104,867,262 | |
| KEY | Keycorp | −1,478,904 | 193,605 | $4,462,595 | |
| TTD | Trade Desk, Inc. | −1,219,312 | 89,704 | $1,621,848 | |
| AKAM | Akamai Technologies Inc | −808,817 | 30,542 | $3,610,369 | |
| MTCH | Match Group, Inc. | −801,440 | 1,168,767 | $44,471,584 | |
| CSCO | Cisco Systems, Inc. | −630,919 | 2,112,867 | $248,177,357 | |
| FLEX | Flex Ltd. | −373,508 | 77,240 | $12,518,286 | |
| ZM | Zoom Communications, Inc. | −265,231 | 493,302 | $42,576,895 | |
| BBWI | Bath & Body Works, Inc. | −255,029 | 580,508 | $13,427,150 | |
| AMH | American Homes 4 Rent | −227,650 | 688,426 | $23,076,039 | |
| WMT | Walmart Inc. | −220,861 | 1,417,342 | $160,528,154 | |
| PINS | Pinterest, Inc. | −219,475 | 1,449,528 | $30,483,573 | |
| AMZN | Amazon Com Inc | −203,135 | 3,781,681 | $901,325,849 | |
| CNH | CNH Industrial N.V. | −174,352 | 1,456,509 | $16,356,596 | |
| NTAP | NetApp, Inc. | −141,060 | 641,894 | $99,339,515 | |
| BAC | Bank Of America Corp | −139,088 | 3,245,743 | $184,942,436 | |
| AVTR | Avantor, Inc. | −130,000 | 706,164 | $6,991,023 | |
| HL | Hecla Mining Co | −127,800 | 693,706 | $10,703,883 | |
| AAL | American Airlines Group Inc. | −125,435 | 932,060 | $16,842,324 | |
| NLY | Annaly Capital Management Inc | −122,806 | 979,848 | $21,909,401 | |
| TWLO | Twilio Inc | −122,647 | 246,675 | $50,896,452 | |
| ETR | Entergy Corp | −122,180 | 471,563 | $54,163,726 | |
| JNJ | Johnson & Johnson | −121,005 | 1,091,806 | $277,285,969 | |
| — | −116,375 | 157,154 | $11,274,228 | ||
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
16 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ROKU | Roku, Inc | 174,105 | $24,050,864 | |
| CDE | Coeur Mining, Inc. | 1,068,757 | $17,442,114 | |
| SANM | Sanmina Corp | 65,142 | $16,486,137 | |
| SMTC | Semtech Corp | 101,456 | $16,420,653 | |
| HONA | Honeywell Aerospace Inc. | 66,556 | $14,714,200 | |
| TOST | Toast, Inc. | 485,775 | $13,514,260 | |
| DOCN | DigitalOcean Holdings, Inc. | 84,196 | $13,221,297 | |
| VIAV | Viavi Solutions Inc. | 263,554 | $12,584,703 | |
| SN | SharkNinja, Inc. | 73,186 | $11,144,032 | |
| SUNB | Sunbelt Rentals Holdings, Inc. | 124,400 | $9,306,364 | |
| IESC | IES Holdings, Inc. | 9,074 | $6,666,304 | |
| SIRI | Sirius Xm Holdings Inc. | 194,970 | $5,759,413 | |
| VEEV | Veeva Systems Inc | 31,542 | $5,597,758 | |
| FDXF | FedEx Freight Holding Company, Inc. | 22,834 | $3,447,934 | |
| TIGO | Millicom International Cellular SA | 29,700 | $2,695,572 | |
| WSE | Wise Group plc | 197,100 | $2,347,461 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
13 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| — | 364,151 | $27,526,174 | ||
| BRBR | Bellring Brands, Inc. | 777,917 | $12,516,684 | |
| — | 55,974 | $9,956,095 | ||
| — | 161,103 | $5,661,159 | ||
| FLO | Flowers Foods Inc | 258,891 | $2,109,961 | |
| BLKB | Blackbaud Inc | 43,883 | $1,694,322 | |
| CAG | Conagra Brands Inc. | 101,588 | $1,596,963 | |
| EPAM | EPAM Systems, Inc. | 11,731 | $1,588,377 | |
| CNXC | Concentrix Corp | 53,615 | $1,466,906 | |
| POOL | Pool Corp | 6,961 | $1,408,419 | |
| CPB | CAMPBELL'S Co | 41,785 | $930,551 | |
| COTY | Coty Inc. | 453,123 | $910,777 | |
| MNDY | monday.com Ltd. | 12,180 | $841,759 | |
| No positions match the current search. | ||||
950 tracked positions ·
$33,212,401,377 total
· filing declares
950 positions · $33,212,400,755
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 950 positions by value
· page 1 of 19
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Reduced | 8,777,517 | $1,756,293,376 | 5.29% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 5,179,441 | $1,498,723,047 | 4.51% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 2,571,170 | $959,097,833 | 2.89% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 3,781,681 | $901,325,849 | 2.71% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 2,096,422 | $791,923,410 | 2.38% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 2,076,373 | $742,033,419 | 2.23% | |
| IEMG |
iShares Trust
|
Held | 7,584,431 | $628,294,264 | 1.89% | |
| EEM |
iShares MSCI Emerging Markets ETF
|
Held | 9,131,302 | $624,672,369 | 1.88% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Added | 1,647,584 | $582,140,854 | 1.75% | |
| DFAE |
Dimensional Emerging Core Equity Market ETF
|
Held | 12,668,769 | $509,411,201 | 1.53% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 426,977 | $492,855,281 | 1.48% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 777,021 | $437,688,159 | 1.32% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 737,029 | $368,801,941 | 1.11% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 830,752 | $349,414,291 | 1.05% | |
| AMAT |
Applied Materials Inc
Technology
|
Reduced | 465,079 | $336,252,117 | 1.01% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 865,976 | $283,459,924 | 0.85% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 1,091,806 | $277,285,969 | 0.83% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 727,656 | $249,651,497 | 0.75% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 2,112,867 | $248,177,357 | 0.75% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 230,879 | $245,863,047 | 0.74% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 413,666 | $240,302,716 | 0.72% | |
| BND |
VANGUARD TOTAL BOND MARKET INDEX FUND
|
Added | 3,226,351 | $236,846,426 | 0.71% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 196,413 | $235,583,664 | 0.71% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Added | 329,590 | $226,365,707 | 0.68% | |
| KLAC |
Kla Corp
Technology
|
Added | 679,931 | $205,141,982 | 0.62% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 790,416 | $198,900,282 | 0.60% | |
| GE |
General Electric Co
Industrials
|
Reduced | 525,666 | $196,457,154 | 0.59% | |
| IBM |
International Business Machines Corp
Technology
|
Added | 687,112 | $193,222,765 | 0.58% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 1,384,323 | $189,264,640 | 0.57% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 1,141,026 | $189,136,469 | 0.57% | |
| BAC |
Bank Of America Corp
Financial Services
|
Reduced | 3,245,743 | $184,942,436 | 0.56% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 359,125 | $184,446,600 | 0.56% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 193,386 | $180,906,801 | 0.54% | |
| INTC |
Intel Corp
Technology
|
Added | 1,266,576 | $176,852,006 | 0.53% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 1,417,342 | $160,528,154 | 0.48% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 444,407 | $156,733,460 | 0.47% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 150,321 | $152,030,149 | 0.46% | |
| EQIX |
Equinix Inc
Real Estate
|
Reduced | 144,058 | $150,164,618 | 0.45% | |
| PLD |
Prologis, Inc.
Real Estate
|
Reduced | 1,090,167 | $147,684,923 | 0.44% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 1,812,825 | $147,328,287 | 0.44% | |
| MS |
Morgan Stanley
Financial Services
|
Reduced | 687,485 | $143,711,864 | 0.43% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 788,229 | $142,598,508 | 0.43% | |
| C |
Citigroup Inc
Financial Services
|
Reduced | 995,597 | $139,343,756 | 0.42% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Reduced | 1,654,140 | $136,698,129 | 0.41% | |
| AMGN |
Amgen Inc
Healthcare
|
Reduced | 343,295 | $124,313,985 | 0.37% | |
| WELL |
Welltower Inc.
Real Estate
|
Added | 537,415 | $121,977,082 | 0.37% | |
| QCOM |
Qualcomm Inc
Technology
|
Reduced | 643,028 | $118,825,144 | 0.36% | |
| AXP |
American Express Co
Financial Services
|
Reduced | 349,492 | $118,215,669 | 0.36% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 1,611,411 | $115,054,745 | 0.35% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 262,717 | $113,843,157 | 0.34% |
Showing the top 50 of 950 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.