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
ADUS icon
1426
Addus HomeCare
ADUS
$2.18B
$544K ﹤0.01%
5,063
-373
-7% -$42.8K
ATRC icon
1427
AtriCure
ATRC
$2.04B
$544K ﹤0.01%
13,743
-889
-6% -$32.6K
NTCT icon
1428
NETSCOUT
NTCT
$2.91B
$542K ﹤0.01%
20,037
-1,035
-5% -$28K
IRON icon
1429
Disc Medicine
IRON
$3.03B
$540K ﹤0.01%
6,798
+144
+2% +$12.2K
EYE icon
1430
National Vision
EYE
$1.79B
$539K ﹤0.01%
20,863
-1,346
-6% -$36.2K
NWN icon
1431
Northwest Natural Holdings
NWN
$2.11B
$538K ﹤0.01%
11,513
-414
-3% -$19.3K
QDEL icon
1432
QuidelOrtho
QDEL
$1.13B
$537K ﹤0.01%
18,803
-1,179
-6% -$31.9K
OCUL icon
1433
Ocular Therapeutix
OCUL
$1.85B
$537K ﹤0.01%
44,210
+13,571
+44% +$165K
KWR icon
1434
Quaker Houghton
KWR
$2.69B
$536K ﹤0.01%
3,903
-282
-7% -$38.1K
RAMP icon
1435
LiveRamp
RAMP
$2.3B
$536K ﹤0.01%
18,241
-1,271
-7% -$36.5K
WRBY icon
1436
Warby Parker
WRBY
$3.19B
$535K ﹤0.01%
24,550
-1,735
-7% -$37.8K
MTX icon
1437
Minerals Technologies
MTX
$2.25B
$535K ﹤0.01%
8,774
-615
-7% -$36.4K
SONO icon
1438
Sonos
SONO
$1.72B
$535K ﹤0.01%
30,441
-1,529
-5% -$26.7K
STRA icon
1439
Strategic Education
STRA
$1.92B
$533K ﹤0.01%
6,651
-130
-2% -$10.4K
TWST icon
1440
Twist Bioscience
TWST
$5.69B
$533K ﹤0.01%
16,810
-874
-5% -$27.3K
AVPT icon
1441
AvePoint
AVPT
$2.72B
$533K ﹤0.01%
38,375
+2,327
+6% +$32.1K
SMPL icon
1442
Simply Good Foods
SMPL
$918M
$533K ﹤0.01%
26,529
-1,725
-6% -$35.9K
PRDO icon
1443
Perdoceo Education
PRDO
$2.04B
$529K ﹤0.01%
18,023
-394
-2% -$12.4K
APLS
1444
DELISTED
Apellis Pharmaceuticals
APLS
$528K ﹤0.01%
21,010
-1,288
-6% -$30.2K
VERA icon
1445
Vera Therapeutics
VERA
$2.37B
$528K ﹤0.01%
10,421
-1,846
-15% -$65.6K
PLAB icon
1446
Photronics
PLAB
$1.74B
$527K ﹤0.01%
16,473
-1,313
-7% -$33.9K
IOSP icon
1447
Innospec
IOSP
$2.12B
$527K ﹤0.01%
6,885
-488
-7% -$36.8K
PRGO icon
1448
Perrigo
PRGO
$1.43B
$526K ﹤0.01%
37,803
-2,878
-7% -$48K
ADEA icon
1449
Adeia
ADEA
$2.8B
$526K ﹤0.01%
30,491
-1,554
-5% -$23K
AVDL
1450
DELISTED
Avadel Pharmaceuticals
AVDL
$525K ﹤0.01%
24,379
-1,408
-5% -$27.3K
56 57
58
59 60

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.