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
WS icon
1726
Worthington Steel
WS
$1.78B
$318K ﹤0.01%
9,192
-339
-4% -$11.1K
FA icon
1727
First Advantage
FA
$3.69B
$317K ﹤0.01%
21,812
-1,286
-6% -$18.1K
VITL icon
1728
Vital Farms
VITL
$586M
$316K ﹤0.01%
9,894
-650
-6% -$22.9K
CSR
1729
Centerspace
CSR
$952M
$316K ﹤0.01%
4,732
-220
-4% -$13.8K
WGO icon
1730
Winnebago Industries
WGO
$900M
$315K ﹤0.01%
7,778
-516
-6% -$18.8K
ASTH icon
1731
Astrana Health
ASTH
$1.81B
$315K ﹤0.01%
12,680
-564
-4% -$15K
CSTL icon
1732
Castle Biosciences
CSTL
$742M
$314K ﹤0.01%
+8,071
New +$260K
TE
1733
T1 Energy
TE
$1.04B
$313K ﹤0.01%
+46,888
New +$207K
THRM icon
1734
Gentherm
THRM
$1.32B
$313K ﹤0.01%
8,594
-525
-6% -$18.9K
OBK icon
1735
Origin Bancorp
OBK
$1.7B
$311K ﹤0.01%
8,273
-487
-6% -$17.4K
HLIT icon
1736
Harmonic Inc
HLIT
$1.15B
$311K ﹤0.01%
31,399
-2,049
-6% -$20.6K
ECVT icon
1737
Ecovyst
ECVT
$1.32B
$310K ﹤0.01%
31,911
-2,829
-8% -$24.7K
EZPW icon
1738
Ezcorp Inc
EZPW
$1.79B
$310K ﹤0.01%
15,960
+569
+4% +$10.7K
PFBC icon
1739
Preferred Bank
PFBC
$1.24B
$310K ﹤0.01%
3,281
-195
-6% -$18.2K
PWP icon
1740
Perella Weinberg Partners
PWP
$1.08B
$307K ﹤0.01%
17,766
-48
-0.3% -$896
PCRX icon
1741
Pacira BioSciences
PCRX
$1.04B
$307K ﹤0.01%
11,860
-1,836
-13% -$43.7K
CWEN.A
1742
DELISTED
Clearway Energy Class A
CWEN.A
$307K ﹤0.01%
9,757
-485
-5% -$15.2K
TWO
1743
Two Harbors Investment
TWO
$1.27B
$305K ﹤0.01%
29,088
-1,694
-6% -$16.9K
FG icon
1744
F&G Annuities & Life
FG
$3.91B
$305K ﹤0.01%
+9,890
New +$309K
PMT
1745
PennyMac Mortgage Investment
PMT
$845M
$304K ﹤0.01%
24,250
-1,497
-6% -$18.7K
UNIT
1746
Uniti Group
UNIT
$2.52B
$304K ﹤0.01%
43,359
-397
-0.9% -$2.52K
COHU icon
1747
Cohu
COHU
$1.86B
$302K ﹤0.01%
12,979
-762
-6% -$17.5K
GIII icon
1748
G-III Apparel Group
GIII
$1.54B
$302K ﹤0.01%
10,428
-1,101
-10% -$31.4K
TRVI icon
1749
Trevi Therapeutics
TRVI
$2.57B
$301K ﹤0.01%
24,063
-599
-2% -$6.92K
IDT icon
1750
IDT Corp
IDT
$1.67B
$301K ﹤0.01%
5,869
-431
-7% -$21.6K
68 69
70
71 72

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.