Arizona State Retirement System
PHOENIX, AZ
$19.9bn in 2,071 US stocks at the end of 30 June 2026. The top 10 are 32.0% of the money. It changed about 9.1% of the portfolio this quarter.
Value
$19.9bn
Stocks
2,071
Top 10 share
32.0%
Turnover
9.1%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX0.1% of the fund
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- CarnivalCCL<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- MedlineMDLN<0.1% of the fund
- SharkNinjaSN<0.1% of the fund
- Circle Internet GroupCRCL<0.1% of the fund
- Forgent Power SolutionsFPS<0.1% of the fund
- Hinge HealthHNGE<0.1% of the fund
- VersigentVGNT<0.1% of the fund
- SELLAS Life Sciences GroupSLS<0.1% of the fund
- Chime FinancialCHYM<0.1% of the fund
- VeradermicsMANE<0.1% of the fund
- National Energy Services ReunitedNESR<0.1% of the fund
- ArterisAIP<0.1% of the fund
- FigmaFIG<0.1% of the fund
- Babcock & Wilcox EnterprisesBW<0.1% of the fund
- Lightwave LogicLWLG<0.1% of the fund
- Lincoln Educational ServicesLINC<0.1% of the fund
- WolfspeedWOLF<0.1% of the fund
- CevaCEVA<0.1% of the fund
- GrahamGHM<0.1% of the fund
- Zillow GroupZG<0.1% of the fund
Added
Bought more of a stock they already held.
- Meta PlatformsMETA1.7% of the fund+2%
- Berkshire HathawayBRK-B1.0% of the fund+2%
- SandiskSNDK0.5% of the fund+4%
- Western DigitalWDC0.3% of the fund+3%
- Seagate Technology HoldingsSTX0.3% of the fund+2%
- NextEra EnergyNEE0.3% of the fund+3%
- WelltowerWELL0.2% of the fund+4%
- Vertiv HoldingsVRT0.2% of the fund+2%
- Quanta ServicesPWR0.2% of the fund+3%
- Southern CompanySO0.2% of the fund+4%
- Howmet AerospaceHWM0.2% of the fund+6%
- ServiceNowNOW0.1% of the fund+2%
- Cadence Design SystemsCDNS0.1% of the fund+3%
- PNC Financial Services GroupPNC0.1% of the fund+4%
- Bloom EnergyBE0.1% of the fund+27%
- DatadogDDOG0.1% of the fund+7%
- SnowflakeSNOW0.1% of the fund+3%
- United Parcel ServiceUPS0.1% of the fund+2%
- TeradyneTER0.1% of the fund+5%
- CoherentCOHR0.1% of the fund+25%
- American Electric PowerAEP0.1% of the fund+3%
- United RentalsURI0.1% of the fund+4%
- Comfort Systems USAFIX0.1% of the fund+5%
- CienaCIEN<0.1% of the fund+6%
- Astera LabsALAB<0.1% of the fund+8%
Cut
Sold some of their stake.
- NvidiaNVDA6.4% of the fund-4%
- AlphabetGOOG2.3% of the fund-4%
- MastercardMA0.6% of the fund-2%
- Coca-ColaKO0.4% of the fund-4%
- ChevronCVX0.4% of the fund-2%
- Palantir TechnologiesPLTR0.4% of the fund-3%
- CitigroupC0.3% of the fund-3%
- American ExpressAXP0.3% of the fund-2%
- BoeingBA0.2% of the fund-3%
- DeereDE0.2% of the fund-4%
- Dell TechnologiesDELL0.2% of the fund-4%
- Uber TechnologiesUBER0.2% of the fund-9%
- SalesforceCRM0.2% of the fund-14%
- Capital One FinancialCOF0.2% of the fund-5%
- ChubbCB0.2% of the fund-5%
- AdobeADBE0.1% of the fund-2%
- SynopsysSNPS0.1% of the fund-4%
- Marriott InternationalMAR0.1% of the fund-3%
- Travelers CompaniesTRV<0.1% of the fund-3%
- Moody'sMCO<0.1% of the fund-5%
- Monster BeverageMNST<0.1% of the fund-2%
- DoorDashDASH<0.1% of the fund-3%
- Air Products & ChemicalsAPD<0.1% of the fund-4%
- Kinder MorganKMI<0.1% of the fund-4%
- CintasCTAS<0.1% of the fund-4%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Carnival-100%
- Coterra EnergyCTRA-100%
- DuPont de NemoursDD-100%
- Hologic-100%
- Masimo-100%
- Air Lease-100%
- Clearwater Analytics Hldgs I-100%
- Sealed Air Corp New-100%
- Amicus Therapeutics-100%
- TRI Pointe Homes-100%
- Arcellx-100%
- Apellis Pharmaceuticals-100%
- Terns Pharmaceuticals-100%
- CSG SYS Intl-100%
- Onestream-100%
- Stellar Bancorp-100%
- Thermon Group Hldgs-100%
- Veris Residential INC.com-100%
- DAY One Biopharmaceuticals I-100%
- Soleno Therapeutics-100%
- EnviriNVRI-100%
- Clearway EnergyCWEN-100%
- Liberty CapitalGLIBK-100%
- Proassurance-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 6.4% | $1.3bn | 6,405,642 | -4% |
| AppleAAPL | 5.9% | $1.2bn | 4,073,733 | Held |
| MicrosoftMSFT | 3.7% | $730m | 1,957,446 | Held |
| Amazon.comAMZN | 3.2% | $640m | 2,685,688 | Held |
| AlphabetGOOGL | 2.9% | $577m | 1,615,493 | Held |
| BroadcomAVGO | 2.4% | $471m | 1,248,090 | Held |
| AlphabetGOOG | 2.3% | $453m | 1,282,599 | -4% |
| Micron TechnologyMU | 1.8% | $361m | 312,924 | Held |
| Meta PlatformsMETA | 1.7% | $343m | 609,361 | +2% |
| TeslaTSLA | 1.7% | $328m | 780,920 | Held |
| Eli LillyLLY | 1.3% | $267m | 222,844 | Held |
| Advanced Micro DevicesAMD | 1.3% | $263m | 452,388 | Held |
| JPMorgan ChaseJPM | 1.2% | $244m | 744,264 | Held |
| Berkshire HathawayBRK-B | 1.0% | $193m | 385,899 | +2% |
| IntelINTC | 0.9% | $170m | 1,219,079 | Held |
| Johnson & JohnsonJNJ | 0.9% | $170m | 668,344 | Held |
| VisaV | 0.8% | $160m | 466,471 | Held |
| Applied MaterialsAMAT | 0.8% | $159m | 220,211 | Held |
| ExxonMobil HoldingsXOM | 0.8% | $158m | 1,153,365 | Held |
| Lam ResearchLRCX | 0.8% | $150m | 346,510 | Held |
| WalmartWMT | 0.7% | $138m | 1,216,703 | Held |
| CaterpillarCAT | 0.7% | $137m | 129,108 | Held |
| Cisco SystemsCSCO | 0.6% | $129m | 1,096,019 | Held |
| AbbVieABBV | 0.6% | $124m | 490,797 | Held |
| MastercardMA | 0.6% | $117m | 227,208 | -2% |
| Costco WholesaleCOST | 0.6% | $115m | 123,105 | Held |
| KLAKLAC | 0.6% | $110m | 363,713 | Held |
| General ElectricGE | 0.5% | $108m | 289,920 | Held |
| Bank of AmericaBAC | 0.5% | $107m | 1,883,657 | Held |
| UnitedHealth GroupUNH | 0.5% | $105m | 251,862 | Held |
| Home DepotHD | 0.5% | $97m | 276,374 | Held |
| Procter & GamblePG | 0.5% | $95m | 644,865 | Held |
| SandiskSNDK | 0.5% | $90m | 39,709 | +4% |
| MerckMRK | 0.4% | $88m | 686,042 | Held |
| GE VernovaGEV | 0.4% | $88m | 74,789 | Held |
| Coca-ColaKO | 0.4% | $87m | 1,074,888 | -4% |
| ChevronCVX | 0.4% | $85m | 512,155 | -2% |
| NetflixNFLX | 0.4% | $83m | 1,168,416 | Held |
| Goldman Sachs GroupGS | 0.4% | $83m | 81,855 | Held |
| Philip Morris InternationalPM | 0.4% | $78m | 432,462 | Held |
| Palo Alto NetworksPANW | 0.4% | $77m | 225,037 | Held |
| Texas InstrumentsTXN | 0.4% | $75m | 252,636 | Held |
| International Business MachinesIBM | 0.4% | $73m | 260,286 | Held |
| RTXRTX | 0.4% | $71m | 373,482 | Held |
| Palantir TechnologiesPLTR | 0.4% | $71m | 604,307 | -3% |
| Marvell TechnologyMRVL | 0.4% | $70m | 236,579 | Held |
| Wells Fargo & CompanyWFC | 0.4% | $70m | 850,284 | Held |
| OracleORCL | 0.4% | $70m | 478,829 | Held |
| Morgan StanleyMS | 0.3% | $69m | 328,814 | Held |
| LindeLIN | 0.3% | $67m | 128,583 | Held |
| CitigroupC | 0.3% | $66m | 473,271 | -3% |
| Western DigitalWDC | 0.3% | $61m | 96,018 | +3% |
| AmphenolAPH | 0.3% | $60m | 341,144 | Held |
| Seagate Technology HoldingsSTX | 0.3% | $58m | 60,609 | +2% |
| CorningGLW | 0.3% | $56m | 220,483 | Held |
| QualcommQCOM | 0.3% | $55m | 296,072 | Held |
| AmgenAMGN | 0.3% | $54m | 149,581 | Held |
| Analog DevicesADI | 0.3% | $54m | 135,467 | Held |
| McDonald'sMCD | 0.3% | $53m | 197,122 | Held |
| CrowdStrike HoldingsCRWD | 0.3% | $52m | 68,502 | Held |
| Thermo Fisher ScientificTMO | 0.3% | $52m | 103,118 | Held |
| PepsiCoPEP | 0.3% | $51m | 379,252 | Held |
| NextEra EnergyNEE | 0.3% | $51m | 578,632 | +3% |
| Arista NetworksANET | 0.3% | $50m | 296,365 | Held |
| American ExpressAXP | 0.3% | $50m | 147,476 | -2% |
| Verizon CommunicationsVZ | 0.2% | $49m | 1,159,870 | Held |
| Walt DisneyDIS | 0.2% | $47m | 491,563 | Held |
| TJX CompaniesTJX | 0.2% | $47m | 307,119 | Held |
| EatonETN | 0.2% | $46m | 107,658 | Held |
| BoeingBA | 0.2% | $45m | 207,154 | -3% |
| Union PacificUNP | 0.2% | $45m | 164,735 | Held |
| WelltowerWELL | 0.2% | $44m | 195,494 | +4% |
| Abbott LaboratoriesABT | 0.2% | $44m | 483,276 | Held |
| Gilead SciencesGILD | 0.2% | $44m | 344,415 | Held |
| DeereDE | 0.2% | $43m | 67,454 | -4% |
| Charles SchwabSCHW | 0.2% | $42m | 458,174 | Held |
| AT&TT | 0.2% | $40m | 1,937,411 | Held |
| BlackRockBLK | 0.2% | $39m | 40,956 | Held |
| Intuitive SurgicalISRG | 0.2% | $39m | 98,553 | Held |
| Booking HoldingsBKNG | 0.2% | $39m | 217,321 | Held |
| PfizerPFE | 0.2% | $38m | 1,578,409 | Held |
| CVS HealthCVS | 0.2% | $37m | 353,014 | Held |
| Dell TechnologiesDELL | 0.2% | $36m | 83,586 | -4% |
| Uber TechnologiesUBER | 0.2% | $36m | 494,533 | -9% |
| ProgressivePGR | 0.2% | $35m | 162,316 | Held |
| ConocoPhillipsCOP | 0.2% | $35m | 339,176 | Held |
| Vertex PharmaceuticalsVRTX | 0.2% | $35m | 70,580 | Held |
| PrologisPLD | 0.2% | $35m | 258,676 | Held |
| SalesforceCRM | 0.2% | $35m | 221,319 | -14% |
| Lowe's CompaniesLOW | 0.2% | $34m | 155,407 | Held |
| S&P GlobalSPGI | 0.2% | $34m | 84,115 | Held |
| Parker-HannifinPH | 0.2% | $34m | 35,022 | Held |
| Vertiv HoldingsVRT | 0.2% | $34m | 100,856 | +2% |
| DanaherDHR | 0.2% | $34m | 176,736 | Held |
| Altria GroupMO | 0.2% | $33m | 463,758 | Held |
| Capital One FinancialCOF | 0.2% | $33m | 165,992 | -5% |
| ChubbCB | 0.2% | $33m | 97,018 | -5% |
| AppLovinAPP | 0.2% | $33m | 63,700 | Held |
| Bristol-Myers SquibbBMY | 0.2% | $33m | 566,542 | Held |
| StarbucksSBUX | 0.2% | $32m | 316,134 | Held |
Showing the largest 100 of 2,071.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 14.6% since 30 June 2025.
Where the money is
Technology35.9%
Financial services12.0%
Industrials10.0%
Health care9.4%
Retail & consumer9.4%
Media & telecom9.0%
Everyday goods4.4%
Energy3.1%
Utilities2.3%
Real estate2.3%
Materials2.2%
Other0.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.