We are live on ! Find out more
ASRS

Arizona State Retirement System Portfolio holdings

AUM $17.1B
1-Year Est. Return 30.52%
This Fund
S&P 500
This Quarter Est. Return
+4.14%
1 Year Est. Return
+30.52%
3 Year Est. Return
+106.18%
5 Year Est. Return
+143.14%
10 Year Est. Return
+524.74%
AUM
$18.4B
AUM Growth
-$381M
Cap. Flow
-$771M
Cap. Flow %
-4.2%
Top 10 Hldgs %
34.89%
Holding
2,130
New
49
Increased
153
Reduced
1,846
Closed
82

Top Buys

Rank Stock Value
1
AMRZ
Amrize Ltd
AMRZ
+$6.97M
2
Q
Qnity Electronics Inc
Q
+$4.89M
3
CRWV
CoreWeave
CRWV
+$4.87M
4
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$4.61M
5
RKT icon
Rocket Companies
RKT
+$4.58M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$44.9M
2
NVDA icon
NVIDIA
NVDA
+$40.9M
3
MSFT icon
Microsoft
MSFT
+$34.3M
4
TSLA icon
Tesla
TSLA
+$22.7M
5
AMZN icon
Amazon
AMZN
+$18.8M

Sector Composition

Rank Sector Weight
1 Technology 33.37%
2 Financials 13.17%
3 Consumer Discretionary 10.67%
4 Communication Services 10.25%
5 Healthcare 10.04%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FYBR
651
DELISTED
Frontier Communications
FYBR
$2.65M 0.01%
69,731
-4,310
-6% -$163K
SSB icon
652
SouthState Bank Corp
SSB
$10.2B
$2.65M 0.01%
28,176
-1,857
-6% -$172K
HLI icon
653
Houlihan Lokey
HLI
$8.97B
$2.64M 0.01%
15,170
-748
-5% -$137K
SWKS icon
654
Skyworks Solutions
SWKS
$9.4B
$2.64M 0.01%
41,569
-2,845
-6% -$199K
EGP icon
655
EastGroup Properties
EGP
$11.3B
$2.63M 0.01%
14,791
-749
-5% -$133K
JAZZ icon
656
Jazz Pharmaceuticals
JAZZ
$16.2B
$2.63M 0.01%
15,483
-1,522
-9% -$233K
WTFC icon
657
Wintrust Financial
WTFC
$10.8B
$2.6M 0.01%
18,611
-1,174
-6% -$156K
OC icon
658
Owens Corning
OC
$11.2B
$2.6M 0.01%
23,238
-1,842
-7% -$216K
IVZ icon
659
Invesco
IVZ
$13B
$2.6M 0.01%
98,854
-7,095
-7% -$173K
MOH icon
660
Molina Healthcare
MOH
$10.2B
$2.59M 0.01%
14,951
-986
-6% -$162K
DAY
661
DELISTED
Dayforce
DAY
$2.59M 0.01%
37,416
-9,894
-21% -$681K
GTLS
662
DELISTED
Chart Industries
GTLS
$2.58M 0.01%
12,520
-778
-6% -$158K
STRL icon
663
Sterling Infrastructure
STRL
$17.8B
$2.58M 0.01%
8,413
-561
-6% -$193K
TECH icon
664
Bio-Techne
TECH
$11.2B
$2.57M 0.01%
43,676
-2,680
-6% -$163K
OWL icon
665
Blue Owl Capital
OWL
$6.87B
$2.57M 0.01%
171,733
-4,148
-2% -$64.9K
REXR icon
666
Rexford Industrial Realty
REXR
$8.56B
$2.55M 0.01%
65,879
-4,159
-6% -$172K
PLNT icon
667
Planet Fitness
PLNT
$4.43B
$2.53M 0.01%
23,351
-1,461
-6% -$150K
CR icon
668
Crane Co
CR
$12.4B
$2.52M 0.01%
13,663
-800
-6% -$148K
FLS icon
669
Flowserve
FLS
$9.63B
$2.51M 0.01%
36,147
-2,542
-7% -$163K
AFG icon
670
American Financial Group
AFG
$11.8B
$2.5M 0.01%
18,306
-1,509
-8% -$207K
UAL icon
671
United Airlines
UAL
$40.1B
$2.49M 0.01%
22,269
-1,943
-8% -$196K
RRX icon
672
Regal Rexnord
RRX
$13.5B
$2.46M 0.01%
17,502
-1,147
-6% -$163K
TPG icon
673
TPG
TPG
$6.85B
$2.45M 0.01%
38,302
-473
-1% -$27.9K
WAL icon
674
Western Alliance Bancorporation
WAL
$8.87B
$2.44M 0.01%
29,060
-1,976
-6% -$160K
RGEN icon
675
Repligen
RGEN
$7.03B
$2.44M 0.01%
14,863
-913
-6% -$143K
25 26
27
28 29

Similar funds

CM
Caption Management Oklahoma City, Oklahoma $17.1B AUM 70.99% 1-Year Est. Return
PP
Prudential plc London, England, United Kingdom $17.1B AUM 15.7% 1-Year Est. Return
VMPIC
Varma Mutual Pension Insurance Co Helsinki, Finland $17B AUM 24.09% 1-Year Est. Return
BCIM
British Columbia Investment Management Victoria, British Columbia, Canada $17B AUM 31.69% 1-Year Est. Return
BBA
Baker Bros. Advisors New York $17.4B AUM 131.5% 1-Year Est. Return
Macquarie Group
Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return
AIMCA
Alberta Investment Management Corp (AIMCo) Edmonton, Alberta, Canada $16.7B AUM 23.27% 1-Year Est. Return
FCM
Farallon Capital Management San Francisco, California $17.5B AUM 50.95% 1-Year Est. Return

Arizona State Retirement System's Q4 2025 Portfolio in Review

As of Q4 2025, Arizona State Retirement System held 2,130 positions worth $18.4B, down 2% from $18.8B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Arizona State Retirement System withdrew a net $771M in Q4 2025, closing 82 positions and reducing 1,846 holdings. Its most notable exit was Kellanova, an estimated $6.72M position sold in full.

By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 34% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Arizona State Retirement System opened a new position in Amrize Ltd worth $7.39M.

  • Arizona State Retirement System's largest Q4 2025 buy was Amrize Ltd: 136,647 shares worth $7.39M.
  • Arizona State Retirement System added most to Omnicom Group in Q4 2025, an estimated $2.3M increase.
  • Arizona State Retirement System's biggest Q4 2025 reduction was Apple, cutting an estimated $44.9M.
  • Arizona State Retirement System fully exited Kellanova in Q4 2025, selling an estimated $6.72M.
  • Arizona State Retirement System's ten largest holdings make up 35% of its $18.4B portfolio in Q4 2025.
  • Arizona State Retirement System opened 49 new positions and closed 82 in Q4 2025.
  • Arizona State Retirement System's portfolio value fell 2% quarter-over-quarter to $18.4B.

Based on Arizona State Retirement System's 13F filing for Q4 2025, filed 28 Jan 2026.