Retirement Systems of Alabama
PensionFiling Date
Global Rank
#143
/ 8,232
▲ 14
Top Industry
Semiconductors
10.3%
3Y Alpha vs SPY
-3.1%
Period ended 3 months ago
Filed Apr 24, 2026 · 52d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+61.3%
SPY
+74.2%
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, 2025Top 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 |
|---|---|---|
| Technology | 29.1% | $7,932,041,085 |
| Financial Services | 13.1% | $3,561,991,454 |
| Industrials | 11.7% | $3,201,744,942 |
| Consumer Cyclical | 10.7% | $2,911,830,037 |
| Healthcare | 9.4% | $2,566,027,347 |
| Communication Services | 6.5% | $1,761,786,103 |
| Real Estate | 5.2% | $1,416,140,951 |
| Consumer Defensive | 5.1% | $1,395,297,958 |
| Energy | 4.4% | $1,188,954,675 |
| Utilities | 2.6% | $705,079,654 |
| Basic Materials | 2.3% | $625,221,979 |
| Unclassified | 0.0% | $6,373,308 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
55 positions ·
$1,395,297,958 total
· Consumer Defensive only
· 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 55 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 1,638,203 | $203,595,868 | 14.59% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 194,445 | $193,750,831 | 13.89% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 1,821,823 | $138,549,639 | 9.93% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 836,624 | $138,327,412 | 9.91% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 747,130 | $107,915,457 | 7.73% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 403,620 | $62,678,149 | 4.49% | |
| KDP |
Keurig Dr Pepper Inc.
Consumer Defensive
|
Reduced | 2,378,308 | $62,620,849 | 4.49% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Reduced | 643,437 | $54,840,135 | 3.93% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
Reduced | 873,014 | $50,320,526 | 3.61% | |
| USFD |
US Foods Holding Corp.
Consumer Defensive
|
Added | 465,062 | $42,883,367 | 3.07% | |
| SFM |
Sprouts Farmers Market, Inc.
Consumer Defensive
|
Added | 334,275 | $25,782,630 | 1.85% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Reduced | 356,479 | $23,524,049 | 1.69% | |
| PFGC |
Performance Food Group Co
Consumer Defensive
|
Added | 231,951 | $19,868,922 | 1.42% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Added | 199,985 | $19,682,523 | 1.41% | |
| CELH |
Celsius Holdings, Inc.
Consumer Defensive
|
Added | 554,611 | $19,677,598 | 1.41% | |
| INGR |
Ingredion Inc
Consumer Defensive
|
Added | 152,735 | $17,207,125 | 1.23% | |
| OLLI |
Ollie's Bargain Outlet Holdings, Inc.
Consumer Defensive
|
Added | 156,612 | $14,414,568 | 1.03% | |
| COKE |
Coca-Cola Consolidated, Inc.
Consumer Defensive
|
Reduced | 69,347 | $13,296,593 | 0.95% | |
| BRBR |
Bellring Brands, Inc.
Consumer Defensive
|
Added | 777,917 | $12,516,684 | 0.90% | |
| DAR |
Darling Ingredients Inc.
Consumer Defensive
|
Added | 193,928 | $11,994,446 | 0.86% | |
| TGT |
Target Corp
Consumer Defensive
|
Reduced | 96,156 | $11,654,107 | 0.84% | |
| MNST |
Monster Beverage Corp
Consumer Defensive
|
Reduced | 151,459 | $10,974,719 | 0.79% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 123,640 | $8,946,590 | 0.64% | |
| ACI |
Albertsons Companies, Inc.
Consumer Defensive
|
Reduced | 453,620 | $7,729,684 | 0.55% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
Reduced | 102,054 | $7,418,305 | 0.53% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 101,707 | $7,254,760 | 0.52% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
Reduced | 406,878 | $7,014,576 | 0.50% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Reduced | 70,487 | $6,799,880 | 0.49% | |
| HSY |
Hershey Co
Consumer Defensive
|
Reduced | 31,466 | $6,541,466 | 0.47% | |
| LOPE |
Grand Canyon Education, Inc.
Consumer Defensive
|
Added | 33,874 | $5,759,596 | 0.41% | |
| CCEP |
COCA-COLA EUROPACIFIC PARTNERS plc
Consumer Defensive
|
Reduced | 62,104 | $5,630,969 | 0.40% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Reduced | 46,745 | $5,550,033 | 0.40% | |
| POST |
Post Holdings, Inc.
Consumer Defensive
|
Reduced | 51,738 | $5,114,818 | 0.37% | |
| CHD |
Church & Dwight Co Inc /De/
Consumer Defensive
|
Reduced | 50,266 | $4,690,823 | 0.34% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Reduced | 29,825 | $4,473,750 | 0.32% | |
| GHC |
Graham Holdings Co
Consumer Defensive
|
Added | 4,166 | $4,404,545 | 0.32% | |
| ELF |
e.l.f. Beauty, Inc.
Consumer Defensive
|
Reduced | 72,395 | $4,387,860 | 0.31% | |
| DLTR |
Dollar Tree, Inc.
Consumer Defensive
|
Reduced | 39,272 | $4,300,676 | 0.31% | |
| GIS |
General Mills Inc
Consumer Defensive
|
Reduced | 113,309 | $4,217,360 | 0.30% | |
| KHC |
Kraft Heinz Co
Consumer Defensive
|
Reduced | 180,991 | $4,070,487 | 0.29% | |
| TSN |
Tyson Foods, Inc.
Consumer Defensive
|
Reduced | 59,898 | $3,837,664 | 0.28% | |
| EL |
Estee Lauder Companies Inc
Consumer Defensive
|
Added | 52,498 | $3,767,781 | 0.27% | |
| BG |
Bunge Global SA
Consumer Defensive
|
Reduced | 28,742 | $3,655,982 | 0.26% | |
| MZTI |
Marzetti Co
Consumer Defensive
|
Added | 24,878 | $3,441,373 | 0.25% | |
| MKC |
Mccormick & Co Inc
Consumer Defensive
|
Reduced | 53,849 | $2,716,143 | 0.19% | |
| CLX |
Clorox Co /De/
Consumer Defensive
|
Reduced | 25,676 | $2,660,803 | 0.19% | |
| SJM |
J M SMUCKER Co
Consumer Defensive
|
Reduced | 22,657 | $2,185,041 | 0.16% | |
| SAM |
Boston Beer Co Inc
Consumer Defensive
|
Added | 9,430 | $2,172,672 | 0.16% | |
| FLO |
Flowers Foods Inc
Consumer Defensive
|
Added | 258,891 | $2,109,961 | 0.15% | |
| PPC |
Pilgrims Pride Corp
Consumer Defensive
|
Added | 52,419 | $1,979,341 | 0.14% |