Retirement Systems of Alabama

Pension

CIK

1593051

Location

MONTGOMERY, AL

Portfolio Value

Large $27,272,489,493

Diversification

Diversified

Filing Date

Global Rank

#143 / 8,232 ▲ 14

Top Industry

Semiconductors 10.3%

3Y Alpha vs SPY

-3.1%

Period ended 2 months ago

Filed Apr 24, 2026 · 51d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+63.3%

SPY

+76.3%

Annualised alpha

-3.1%

Max drawdown

−18.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

923 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.7%

−0.2 pts

Top 5

19.4%

−1.7 pts

Top 10

26.5%

−2.2 pts

HHI

112

Diversified−15

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.1%	$7,932,041,085	149
Financial Services	13.1%	$3,561,991,454	132
Industrials	11.7%	$3,201,744,942	154
Consumer Cyclical	10.7%	$2,911,830,037	116
Healthcare	9.4%	$2,566,027,347	95
Communication Services	6.5%	$1,761,786,103	31
Real Estate	5.2%	$1,416,140,951	63
Consumer Defensive	5.1%	$1,395,297,958	55
Energy	4.4%	$1,188,954,675	40
Utilities	2.6%	$705,079,654	45
Basic Materials	2.3%	$625,221,979	42
Unclassified	0.0%	$6,373,308	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
KEY	Keycorp /New/	+1,474,883	1,672,509	$33,533,805
PINS	Pinterest, Inc.	+604,653	1,669,003	$30,609,515
DIS	Walt Disney Co	+585,690	965,483	$93,053,251
TTD	Trade Desk, Inc.	+398,397	1,309,016	$29,701,573
APG	APi Group Corp	+363,322	807,570	$32,722,736
CXT	Crane NXT, Co.	+325,881	385,148	$15,633,157
OLN	OLIN Corp	+315,602	452,567	$13,454,816
VVV	Valvoline Inc	+248,046	400,604	$13,492,342
AMZN	Amazon Com Inc	+242,550	3,984,816	$829,917,628
BRBR	Bellring Brands, Inc.	+238,971	777,917	$12,516,684
AA	Alcoa Corp	+225,177	535,976	$35,551,288
HPE	Hewlett Packard Enterprise Co	+212,425	4,283,127	$101,981,253
LVS	Las Vegas Sands Corp	+195,702	827,239	$44,571,637
CELH	Celsius Holdings, Inc.	+168,531	554,611	$19,677,598
RYN	Rayonier Inc	+162,775	340,985	$7,031,110
CMCSA	Comcast Corp	+161,944	2,651,724	$76,130,996
CMC	COMMERCIAL METALS Co	+151,788	284,966	$17,505,461
CTSH	Cognizant Technology Solutions Corp	+145,353	1,468,085	$90,067,014
HD	Home Depot, Inc.	+123,336	446,570	$146,872,407
EQH	Equitable Holdings, Inc.	+113,926	457,811	$16,989,366
SF	Stifel Financial Corp	+109,026	398,483	$29,455,863
LHX	L3harris Technologies, Inc. /De/	+98,271	138,064	$47,652,789
HBAN	Huntington Bancshares Inc /Md/	+96,581	431,039	$6,745,760
WDAY	Workday, Inc.	+95,375	340,458	$44,232,303
YUM	Yum Brands Inc	+77,195	424,451	$65,993,641
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
WBD	Warner Bros. Discovery, Inc.	−1,733,583	526,307	$14,452,390
SBUX	Starbucks Corp	−578,813	241,939	$21,675,315
FOXA	Fox Corp	−414,622	42,618	$2,488,891
TJX	Tjx Companies Inc /De/	−371,923	235,817	$37,659,974
GTM	ZoomInfo Technologies Inc.	−329,086	1,088,013	$6,506,317
AKAM	Akamai Technologies Inc	−325,950	839,359	$96,400,381
PG	PROCTER & GAMBLE Co	−256,794	747,130	$107,915,457
LOW	Lowes Companies Inc	−191,066	119,122	$28,146,146
HUM	Humana Inc	−187,408	25,608	$4,440,171
GM	General Motors Co	−187,041	790,540	$58,895,230
SMG	Scotts Miracle-Gro Co	−162,410	54,788	$3,331,658
COHR	Coherent Corp.	−148,796	39,814	$9,484,092
CIEN	Ciena Corp	−139,378	29,912	$11,612,735
IPGP	Ipg Photonics Corp	−134,479	79,319	$9,089,164
SATS	EchoStar CORP	−132,971	28,588	$3,346,797
BRX	Brixmor Property Group Inc.	−119,905	934,964	$26,926,963
WMT	Walmart Inc.	−119,747	1,638,203	$203,595,868
ATR	Aptargroup, Inc.	−94,724	78,928	$9,946,506
WFC	Wells Fargo & Company/Mn	−84,664	1,668,002	$132,789,639
RPM	Rpm International Inc/De/	−81,462	157,014	$15,607,191
POST	Post Holdings, Inc.	−72,836	51,738	$5,114,818
LITE	Lumentum Holdings Inc.	−69,931	15,161	$10,654,544
JPM	Jpmorgan Chase & Co	−66,605	875,631	$257,575,614
UNM	Unum Group	−65,470	344,289	$25,143,425
FHN	First Horizon Corp	−58,802	1,332,035	$30,317,116
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
PNFP	Pinnacle Financial Partners, Inc.	402,152	$34,641,373
VRT	Vertiv Holdings Co	81,238	$20,356,618
AHR	American Healthcare REIT, Inc.	423,597	$19,976,834
AEIS	Advanced Energy Industries Inc	46,274	$14,933,082
SOLS	Solstice Advanced Materials Inc.	194,615	$14,821,878
TTMI	Ttm Technologies Inc	126,678	$12,340,970
ARWR	Arrowhead Pharmaceuticals, Inc.	171,672	$10,763,834
CTRE	CareTrust REIT, Inc.	273,883	$10,037,811
IDCC	InterDigital, Inc.	31,491	$9,510,282
SITM	SITIME Corp	27,082	$9,352,768
CC	Chemours Co	405,500	$8,933,165
BROS	Dutch Bros Inc.	155,733	$7,889,433
NBIS	Nebius Group N.V.	64,100	$6,651,016
SARO	StandardAero, Inc.	232,507	$6,005,655
AMCR	Amcor plc	98,119	$3,900,230
VICR	Vicor Corp	24,103	$3,880,583
PODD	Insulet Corp	14,938	$3,134,589
QGEN	Qiagen N.V.	61,789	$2,474,031
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
KMPR	KEMPER Corp	70,265	$2,848,543
EFOR	Everforth Inc	51,247	$2,468,567
MOH	Molina Healthcare, Inc.	10,935	$1,897,659
WIX	Wix.com Ltd.	17,000	$1,766,130
PAYC	Paycom Software, Inc.	10,395	$1,656,547
LW	Lamb Weston Holdings, Inc.	29,646	$1,241,870
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

923 positions · $27,272,489,493 total · 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 923 positions by value · page 1 of 19

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LVLU	Lulu's Fashion Lounge Holdings, Inc. Consumer Cyclical	Reduced	2,063	-5,736	$26,241	−35.5%	0.00%
PSKY	Paramount Skydance Corp Communication Services	Reduced	85,539	-107	$771,561	−32.8%	0.00%
MNDY	monday.com Ltd. Technology	Reduced	12,180	-200	$841,759	−53.9%	0.00%
COTY	Coty Inc. Consumer Defensive	Added	453,123	+12,260	$910,777	−32.9%	0.00%
CPB	CAMPBELL'S Co Consumer Defensive	Reduced	41,785	-14	$930,551	−20.1%	0.00%
POWI	Power Integrations Inc Technology	Held	19,700	0	$1,008,640	+44.1%	0.00%
DVA	Davita Inc. Healthcare	Reduced	7,094	-416	$1,090,276	+27.8%	0.00%
ONEW	OneWater Marine Inc. Consumer Cyclical	Held	116,839	0	$1,104,128	−12.7%	0.00%
ERIE	Erie Indemnity Co Financial Services	Reduced	5,394	-11	$1,355,566	−12.5%	0.00%
HRL	Hormel Foods Corp /De/ Consumer Defensive	Reduced	61,914	-97	$1,402,352	−4.6%	0.01%
POOL	Pool Corp Industrials	Reduced	6,961	-12	$1,408,419	−11.7%	0.01%
CNXC	Concentrix Corp Technology	Added	53,615	+566	$1,466,906	−33.5%	0.01%
MGM	MGM Resorts International Consumer Cyclical	Reduced	40,745	-2,892	$1,507,972	−5.3%	0.01%
BEN	Franklin Resources Inc Financial Services	Reduced	65,248	-141	$1,541,157	−1.3%	0.01%
TAP	Molson Coors Beverage Co Consumer Defensive	Reduced	35,954	-63	$1,548,179	−7.9%	0.01%
HSIC	Henry Schein Inc Healthcare	Reduced	21,251	-35	$1,566,198	−2.6%	0.01%
AOS	Smith A O Corp Industrials	Reduced	23,875	-242	$1,574,317	−2.4%	0.01%
EPAM	EPAM Systems, Inc. Technology	Reduced	11,731	-21	$1,588,377	−34.0%	0.01%
CAG	Conagra Brands Inc. Consumer Defensive	Reduced	101,588	-174	$1,596,963	−9.3%	0.01%
BLKB	Blackbaud Inc Technology	Reduced	43,883	-133	$1,694,322	−39.2%	0.01%
COLM	Columbia Sportswear Co Consumer Cyclical	Added	31,051	+653	$1,701,905	+1.6%	0.01%
FDS	Factset Research Systems Inc Financial Services	Reduced	7,878	-89	$1,709,447	−26.1%	0.01%
SWKS	Skyworks Solutions, Inc. Technology	Added	31,933	+302	$1,710,012	−14.7%	0.01%
MOS	Mosaic Co Basic Materials	Reduced	67,406	-119	$1,718,853	+5.7%	0.01%
TECH	BIO-TECHNE Corp Healthcare	Added	33,225	+78	$1,736,338	−10.9%	0.01%
CRL	Charles River Laboratories International, Inc. Healthcare	Reduced	10,451	-19	$1,802,797	−13.7%	0.01%
NCLH	Norwegian Cruise Line Holdings Ltd. Consumer Cyclical	Reduced	96,676	-172	$1,807,841	−16.4%	0.01%
WYNN	Wynn Resorts Ltd Consumer Cyclical	Reduced	17,927	-33	$1,820,486	−15.8%	0.01%
BAX	Baxter International Inc Healthcare	Reduced	109,255	-101	$1,835,484	−12.2%	0.01%
BLDR	Builders FirstSource, Inc. Industrials	Reduced	23,483	-43	$1,933,355	−20.1%	0.01%
NWSA	News Corp Communication Services	Reduced	78,620	-1,043	$1,959,996	−5.8%	0.01%
PPC	Pilgrims Pride Corp Consumer Defensive	Added	52,419	+1,103	$1,979,341	−1.1%	0.01%
GEF	Greif, Inc Consumer Cyclical	Reduced	30,345	-1,064	$2,035,239	−4.3%	0.01%
SOLV	Solventum Corp Healthcare	Reduced	31,308	-56	$2,044,412	−17.7%	0.01%
UHS	Universal Health Services Inc Healthcare	Reduced	11,729	-22	$2,099,139	−18.1%	0.01%
RVTY	Revvity, Inc. Healthcare	Reduced	24,075	-44	$2,109,210	−9.6%	0.01%
FLO	Flowers Foods Inc Consumer Defensive	Added	258,891	+5,443	$2,109,961	−23.5%	0.01%
AES	Aes Corp Utilities	Reduced	151,226	-265	$2,130,774	−1.9%	0.01%
SAM	Boston Beer Co Inc Consumer Defensive	Added	9,430	+198	$2,172,672	+20.6%	0.01%
ZBRA	Zebra Technologies Corp Technology	Reduced	10,445	-331	$2,183,840	−16.5%	0.01%
SJM	J M SMUCKER Co Consumer Defensive	Reduced	22,657	-39	$2,185,041	−1.6%	0.01%
GEN	Gen Digital Inc. Technology	Reduced	117,044	-2,346	$2,203,938	−32.1%	0.01%
IVZ	Invesco Ltd. Financial Services	Reduced	94,286	-403	$2,290,206	−7.9%	0.01%
AIZ	Assurant, Inc. Financial Services	Reduced	10,635	-19	$2,316,409	−9.7%	0.01%
GT	Goodyear Tire & Rubber Co /Oh/ Consumer Cyclical	Added	350,925	+7,484	$2,326,632	−22.7%	0.01%
FUTU	Futu Holdings Ltd Financial Services	Reduced	17,050	-1,078	$2,331,758	−21.7%	0.01%
SWK	Stanley Black & Decker, Inc. Industrials	Reduced	32,891	-60	$2,337,234	−4.5%	0.01%
GL	Globe Life Inc. Financial Services	Reduced	16,905	-31	$2,352,668	−0.7%	0.01%
DPZ	Dominos Pizza Inc Consumer Cyclical	Reduced	6,601	-12	$2,368,372	−14.1%	0.01%
IT	Gartner Inc Technology	Reduced	14,961	-371	$2,368,924	−38.8%	0.01%