Arizona State Retirement System
Institutional investor · Portfolio as of Q2 2026
Top Holdings2,071 positions
 NVIDIA Corporation | 6.4M | $1.3B | 6.4% | $25.01 | +699.05% | 30 qtrssince 2019-Q1 | Decreased 0 |
 Apple Inc. | 4.1M | $1.2B | 5.9% | $85.75 | +237.16% | 30 qtrssince 2019-Q1 | Increased 63 |
 Microsoft Corporation | 2M | $730.2M | 3.7% | $167.16 | +122.73% | 30 qtrssince 2019-Q1 | Increased 59 |
 Amazon.com, Inc. | 2.7M | $640.1M | 3.2% | $124.34 | +91.68% | 30 qtrssince 2019-Q1 | Increased 59 |
 Alphabet Inc. | 1.6M | $577.3M | 2.9% | $74.31 | +380.61% | 30 qtrssince 2019-Q1 | Increased 55 |
 Broadcom Inc. | 1.2M | $471.5M | 2.4% | $45.82 | +722.98% | 30 qtrssince 2019-Q1 | Increased 54 |
 Alphabet Inc. | 1.3M | $453.2M | 2.3% | $67.00 | +426.98% | 30 qtrssince 2019-Q1 | Decreased 0 |
 Micron Technology, Inc. | 312,924 | $361.2M | 1.8% | $64.94 | +1676.92% | 30 qtrssince 2019-Q1 | Increased 50 |
 Meta Platforms, Inc. | 609,361 | $343.2M | 1.7% | $218.65 | +157.41% | 30 qtrssince 2019-Q1 | Increased 50 |
 Tesla, Inc. | 780,920 | $328.5M | 1.7% | $121.55 | +246.02% | 26 qtrssince 2020-Q1 | Increased 49 |
 Eli Lilly and Company | 222,844 | $267.3M | 1.3% | $194.42 | +516.04% | 30 qtrssince 2019-Q1 | Increased 49 |
 Advanced Micro Devices, Inc. | 452,388 | $262.8M | 1.3% | $76.26 | +661.74% | 30 qtrssince 2019-Q1 | Increased 49 |
 JPMorgan Chase & Co. | 744,264 | $243.6M | 1.2% | $86.98 | +272.77% | 30 qtrssince 2019-Q1 | Decreased 0 |
 Berkshire Hathaway Inc. | 385,899 | $193.1M | 1.0% | $231.79 | +115.88% | 30 qtrssince 2019-Q1 | Increased 44 |
 Intel Corporation | 1.2M | $170.2M | 0.9% | $44.75 | +212.02% | 30 qtrssince 2019-Q1 | Decreased 0 |
 Johnson & Johnson | 668,344 | $169.7M | 0.9% | $121.79 | +107.51% | 30 qtrssince 2019-Q1 | Increased 43 |
 Visa Inc. | 466,471 | $160M | 0.8% | $188.10 | +82.06% | 30 qtrssince 2019-Q1 | Increased 43 |
 Applied Materials, Inc. | 220,211 | $159.2M | 0.8% | $64.53 | +1019.15% | 30 qtrssince 2019-Q1 | Increased 43 |
 ExxonMobil Holdings Corporation | 1.2M | $157.7M | 0.8% | $56.43 | +188.43% | 30 qtrssince 2019-Q1 | Decreased 0 |
 Lam Research Corporation | 346,510 | $150.2M | 0.8% | $74.52 | +480.87% | 6 qtrssince 2025-Q1 | Increased 43 |
| Quarter | Reported value in US dollars | Reported value change |
|---|---|---|
| 2025-Q1 | $15,709,508,755 | -3.987046277% |
| 2025-Q2 | $17,355,383,827 | 10.4769353241% |
| 2025-Q3 | $18,763,255,049 | 8.11201432382% |
| 2025-Q4 | $18,382,624,832 | -2.02859373817% |
| 2026-Q1 | $17,099,776,712 | -6.97859055344% |
| 2026-Q2 | $19,889,995,233 | 16.3172804417% |
Arizona State Retirement System manages $19.9B across 2071 positions as of Q2 2026. Top holdings: NVDA (6.4%), AAPL (5.9%), MSFT (3.7%). Fund DNA: Steady Compounder. HoldingsIntel Score: 2.5/5.0.
Active quarter - 83 new positions, 63 exits, 1164 increased. Top move: AAPL (INCREASED, conviction 63). Portfolio: $19.9B across 2071 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
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Position Outcomes
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR