Arizona State Retirement System

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$18.4B

Total Positions

2,048

New This Quarter

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

NVDA7.01%

AAPL6.20%

MSFT5.24%

AMZN3.40%

GOOGL2.80%

AVGO2.38%

GOOG2.35%

META2.21%

TSLA1.95%

JPM1.35%

Other11.00%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

FIX28Q held

Comfort Systems USA Inc

Avg $86.00 · $8.3M est. P&L

Est. P&L

+1001.03%

HWM24Q held

Howmet Aerospace Inc

Avg $21.30 · $20.2M est. P&L

Est. P&L

+875.16%

FLEX24Q held

Flex Ltd

Avg $7.66 · $5.5M est. P&L

Est. P&L

+705.47%

Top Losers

Upgrade to Pro to see the worst-performing positions.

View plans

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Top Holdings(Showing 25 of 2048 — sorted by value)

Export CSV(Pro)

Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
NVDA NVIDIA Corp	6.9M	$1.3B	7.0%	—	$114.73	+63.47%	28 qtrs	Decreased 0
AAPL Apple Inc	4.2M	$1.1B	6.2%	—	$112.41	+142.70%	28 qtrs	Decreased 0
MSFT Microsoft Corp	2M	$964.2M	5.2%	—	$164.25	+196.79%	28 qtrs	Decreased 0
AMZN Amazon.com Inc	2.7M	$625.1M	3.4%	—	$115.76	+100.88%	28 qtrs	Decreased 0
GOOGL Alphabet Inc	1.6M	$515.4M	2.8%	—	$99.34	+215.95%	28 qtrs	Decreased 0
AVGO Broadcom Inc	1.3M	$438M	2.4%	—	$158.74	+120.40%	28 qtrs	Decreased 0
GOOG Alphabet Inc	1.4M	$431.8M	2.3%	—	$97.70	+221.96%	28 qtrs	Decreased 0
META Meta Platforms Inc	615,238	$406.1M	2.2%	—	$210.73	+216.02%	28 qtrs	Decreased 0
TSLA Tesla Inc	795,441	$357.7M	1.9%	—	$229.97	+97.60%	24 qtrs	Decreased 0
JPM JPMORGAN CHASE & CO.	769,098	$247.8M	1.3%	—	$87.90	+266.31%	28 qtrs	Decreased 0
LLY Eli Lilly & Co	228,869	$246M	1.3%	—	$182.16	+491.75%	28 qtrs	Decreased 0
BRK/B Berkshire Hathaway Inc	388,841	$195.5M	1.1%	—	—	—	28 qtrs	Decreased 0
V Visa Inc	485,236	$170.2M	0.9%	—	$186.43	+89.29%	28 qtrs	Decreased 0
XOM Exxon Mobil Corp	1.2M	$145.3M	0.8%	—	$57.14	+110.35%	28 qtrs	Decreased 0
JNJ Johnson & Johnson	679,300	$140.6M	0.8%	—	$121.50	+70.30%	28 qtrs	Decreased 0
MA Mastercard Inc	243,464	$139M	0.8%	—	$283.72	+103.21%	28 qtrs	Decreased 0
WMT Walmart Inc	1.2M	$136.8M	0.7%	—	$51.85	+115.84%	28 qtrs	Decreased 0
PLTR Palantir Technologies Inc	640,375	$113.8M	0.6%	—	$37.43	+383.11%	19 qtrs	Decreased 0
ABBV AbbVie Inc	496,417	$113.4M	0.6%	—	$75.41	+202.22%	28 qtrs	Decreased 0
NFLX Netflix Inc	1.2M	$111.4M	0.6%	—	$88.29	+6.22%	28 qtrs	Increased 68
COST Costco Wholesale Corp	126,417	$109M	0.6%	—	$301.56	+186.67%	28 qtrs	Decreased 0
BAC Bank of America Corp	2M	$108.8M	0.6%	—	$24.69	+123.86%	28 qtrs	Decreased 0
AMD Advanced Micro Devices Inc	460,531	$98.6M	0.5%	—	$70.88	+203.80%	28 qtrs	Decreased 0
HD Home Depot Inc/The	283,002	$97.4M	0.5%	—	$196.14	+76.59%	28 qtrs	Decreased 0
PG Procter & Gamble Co/The	667,023	$95.6M	0.5%	—	$101.07	+41.51%	28 qtrs	Decreased 0
Showing 25 of 2,048 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

CCCCCC Intelligent Solutions Holdings Inc

Q1 2024 → Q4 2025+95,378 shares+$555,508

CWANCLEARWATER ANALYTICS HLDGS I

Q1 2024 → Q4 2025+48,035 shares+$1.3M

DXDYNEX CAP INC

Q1 2024 → Q4 2025+21,265 shares+$320,500

Upgrade to Pro to see all accumulation streaks

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer