We are live on ! Find out more
Retirement Systems of Alabama

Retirement Systems of Alabama Portfolio holdings

AUM $33.2B
1-Year Est. Return 38.15%
This Fund
S&P 500
This Quarter Est. Return
+4.07%
1 Year Est. Return
+38.15%
3 Year Est. Return
+113.04%
5 Year Est. Return
+144.9%
10 Year Est. Return
+524.6%
AUM
$30.8B
AUM Growth
+$720M
Cap. Flow
-$28.2M
Cap. Flow %
-0.09%
Top 10 Hldgs %
27.67%
Holding
961
New
16
Increased
107
Reduced
792
Closed
18

Top Buys

Rank Stock Value
1
CVS icon
CVS Health
CVS
+$47.8M
2
WDAY icon
Workday
WDAY
+$45.2M
3
PINS icon
Pinterest
PINS
+$30.6M
4
MT icon
ArcelorMittal
MT
+$27.7M
5
VGIT icon
Vanguard Intermediate-Term Treasury ETF
VGIT
+$25.4M

Top Sells

Rank Stock Value
1
UNH icon
UnitedHealth
UNH
+$73.7M
2
FIX icon
Comfort Systems
FIX
+$62.3M
3
MU icon
Micron Technology
MU
+$34.4M
4
DD icon
DuPont de Nemours
DD
+$30.4M
5
HOLX
Hologic
HOLX
+$24.3M

Sector Composition

Rank Sector Weight
1 Technology 28.51%
2 Financials 12.81%
3 Consumer Discretionary 10.17%
4 Industrials 9.47%
5 Healthcare 8.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NVDA icon
1
NVIDIA
NVDA
$5.01T
$1.65B 5.36%
8,858,792
-35,505
-0.4% -$6.61M
AAPL icon
2
Apple
AAPL
$4.43T
$1.42B 4.61%
5,220,255
-22,278
-0.4% -$5.98M
MSFT icon
3
Microsoft
MSFT
$3.62T
$1.27B 4.12%
2,627,257
-4,503
-0.2% -$2.26M
AMZN icon
4
Amazon
AMZN
$3.06T
$864M 2.8%
3,742,266
+42,040
+1% +$9.62M
AVGO icon
5
Broadcom
AVGO
$1.87T
$729M 2.37%
2,106,386
+1,275
+0.1% +$456K
GOOGL icon
6
Alphabet (Google) Class A
GOOGL
$4.57T
$619M 2.01%
1,978,633
-3,180
-0.2% -$909K
IEMG icon
7
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
$510M 1.66%
7,584,431
– –
EEM icon
8
iShares MSCI Emerging Markets ETF
EEM
$28.9B
$500M 1.62%
9,131,302
– –
GOOG icon
9
Alphabet (Google) Class C
GOOG
$4.56T
$495M 1.61%
1,578,396
-6,932
-0.4% -$1.99M
META icon
10
Meta Platforms (Facebook)
META
$1.5T
$464M 1.51%
702,820
+634
+0.1% +$423K
DFAE icon
11
Dimensional Emerging Core Equity Market ETF
DFAE
$9.38B
$413M 1.34%
12,668,769
– –
BRK.B icon
12
Berkshire Hathaway Class B
BRK.B
$1.11T
$373M 1.21%
741,989
-1,070
-0.1% -$532K
TSLA icon
13
Tesla
TSLA
$1.27T
$338M 1.1%
752,197
-828
-0.1% -$367K
JPM icon
14
JPMorgan Chase
JPM
$937B
$304M 0.99%
942,236
-7,451
-0.8% -$2.31M
V icon
15
Visa
V
$683B
$259M 0.84%
738,004
-3,343
-0.5% -$1.14M
JNJ icon
16
Johnson & Johnson
JNJ
$613B
$251M 0.82%
1,213,592
-1,202
-0.1% -$238K
BND icon
17
Vanguard Total Bond Market
BND
$157B
$222M 0.72%
3,001,761
-15,577
-0.5% -$1.16M
CSCO icon
18
Cisco
CSCO
$457B
$211M 0.69%
2,743,070
-6,409
-0.2% -$476K
VOO icon
19
Vanguard S&P 500 ETF
VOO
$993B
$209M 0.68%
332,799
-16,365
-5% -$10.2M
MA icon
20
Mastercard
MA
$500B
$208M 0.67%
364,052
-1,657
-0.5% -$926K
IBM icon
21
IBM
IBM
$213B
$198M 0.64%
669,449
-32,604
-5% -$9.76M
WMT icon
22
Walmart Inc
WMT
$881B
$196M 0.64%
1,757,950
-134,403
-7% -$14.4M
BAC icon
23
Bank of America
BAC
$437B
$187M 0.61%
3,404,952
-24,417
-0.7% -$1.29M
CRM icon
24
Salesforce
CRM
$152B
$182M 0.59%
688,061
-1,407
-0.2% -$350K
ABBV icon
25
AbbVie
ABBV
$433B
$182M 0.59%
795,237
-855
-0.1% -$195K
1
2 3 4 5

Similar funds

PPF
PFA Pension Forsikringsaktieselskab Copenhagen $33.2B AUM
Bank Julius Baer & Co
Bank Julius Baer & Co Zurich, Switzerland $33.2B AUM 25.01% 1-Year Est. Return
BAMCO Inc
BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return
Lido Advisors
Lido Advisors Los Angeles, California $32.7B AUM 19.2% 1-Year Est. Return
GAM
Gotham Asset Management New York $32.7B AUM 27.65% 1-Year Est. Return
Hotchkis & Wiley Capital Management
Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management Los Angeles, California $34B AUM 6.31% 1-Year Est. Return
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments) Montreal, Quebec, Canada $32.1B AUM 31.84% 1-Year Est. Return

Retirement Systems of Alabama's Q4 2025 Portfolio in Review

As of Q4 2025, Retirement Systems of Alabama held 961 positions worth $30.8B, up 2.4% from $30.1B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Trading was light in Q4 2025: portfolio turnover was 3.5%. Retirement Systems of Alabama opened 16 new positions and exited 18, leaving the 961-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 29% a quarter earlier, followed by Financials and Consumer Discretionary.

  • Retirement Systems of Alabama's largest Q4 2025 buy was Pinterest: 1,064,350 shares worth $27.6M.
  • Retirement Systems of Alabama added most to CVS Health in Q4 2025, an estimated $47.8M increase.
  • Retirement Systems of Alabama's biggest Q4 2025 reduction was UnitedHealth, cutting an estimated $73.7M.
  • Retirement Systems of Alabama fully exited Teradata in Q4 2025, selling an estimated $12.6M.
  • Retirement Systems of Alabama's ten largest holdings make up 28% of its $30.8B portfolio in Q4 2025.
  • Retirement Systems of Alabama opened 16 new positions and closed 18 in Q4 2025.
  • Retirement Systems of Alabama's portfolio value rose 2.4% quarter-over-quarter to $30.8B.

Based on Retirement Systems of Alabama's 13F filing for Q4 2025, filed 15 Jan 2026.