Arizona PSPRS Trust

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 15, 2024), Arizona PSPRS Trust reported 50 stock positions worth $2.5 billion. Its top holding was iShares Core U.S. Aggregate (AGG) at 32.7% of the portfolio, followed by Vanguard Total Bond Market (BND, 19.8%) and SS Blackstone Sr Loan ETF (SRLN, 12.5%). Compared with Q2 2024, it opened 44 new positions, sold out of 3, added to 5 and reduced 1. The biggest buy was a new position in iShares Core U.S. Aggregate (AGG) and the biggest sale SPDR Gold Shares (GLD, shares −0%).

Most Recent 13F
Q2 2026
Location
PHOENIX, AZ
CIK
0001565332
Portfolio Value
$2.5B (Q3 2024)
SEC Filing
0001565332-24-000005 ↗ filed Nov 15, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q2 2024: $1.5B Q2 2024 Q3 2024: $2.5B $2.5B Q3 2024 Q4 2024: $3.1B Q4 2024 Q1 2025: $3.0B Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $2.9B Q3 2025 Q4 2025: $2.7B Q4 2025 Q1 2026: $2.7B Q1 2026 Q2 2026: $2.7B Q2 2026

Holdings 50 stocks · $2.5B
AGG iShares Core U.S. Aggregate 32.69% 8,126,522 $823.0M New
BND Vanguard Total Bond Market 19.76% 6,623,391 $497.5M Add +0.9%
SRLN SS Blackstone Sr Loan ETF 12.50% 7,536,079 $314.7M Add +2.2%
OMFL Invesco Russell 1000 DYN M/F 11.31% 5,373,488 $284.7M Add +0.2%
ISCF iShares International Small 9.92% 7,086,956 $249.8M Add +1.1%
GLD SPDR Gold Shares 7.03% 727,552 $176.8M Reduce -0.5%
MTUM iShares MSCI USA Momentum Fa 2.92% 362,613 $73.5M Add +2.0%
URTH iShares MSCI World ETF 0.79% 127,030 $19.9M New
EWJ iShares MSCI Japan ETF 0.19% 67,200 $4.8M New
EWU iShares MSCI United Kingdom 0.19% 127,900 $4.8M New
EWA iShares MSCI Australia ETF 0.15% 142,500 $3.9M New
BBCA JPMorgan Betabuilders Canada 0.15% 51,200 $3.7M New
SPMO Invesco S&P 500 Momentum ETF 0.14% 37,696 $3.4M New
XMMO Invesco S&P Midcap Momentum 0.13% 28,212 $3.4M New
SSO Proshares Ultra S&P500 0.10% 28,899 $2.6M New
ESTC Elastic NV 0.10% 33,197 $2.5M New
EWC iShares MSCI Canada ETF 0.10% 61,192 $2.5M New
EWL iShares MSCI Switzerland ETF 0.10% 45,900 $2.4M New
SCZ iShares MSCI Eafe Small-Cap 0.09% 34,526 $2.3M New
EWT iShares MSCI Taiwan ETF 0.09% 42,300 $2.3M New
PGY Pagaya Technologies Ltd. Class A 0.09% 206,500 $2.2M New
MDY State Street SPDR S&P Midcap 0.08% 3,700 $2.1M New
QXO Qxo Inc. 0.08% 133,073 $2.1M New
HELE Helen of Troy Ltd. 0.08% 33,500 $2.1M New
EWG iShares MSCI Germany ETF 0.08% 56,800 $1.9M New
INDA iShares MSCI India ETF 0.07% 31,200 $1.8M New
INDL Dir DLY MSCI Ind B2X ETF-Usd 0.07% 24,000 $1.8M New
ARGT Global X MSCI Argentina ETF 0.07% 26,200 $1.7M New
XLI SS Industrial Select Sector 0.07% 12,600 $1.7M New
XSMO Invesco S&P Smallcap Momentu 0.07% 25,672 $1.7M New
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 0.07% 154,500 $1.7M New
BMRN Biomarin Pharmaceutical Inc. 0.07% 24,100 $1.7M New
MRNA Moderna Inc. 0.07% 25,100 $1.7M New
BILL Bill Holdings Inc. 0.07% 31,500 $1.7M New
ATRC Atricure Inc. 0.07% 59,103 $1.7M New
DG Dollar General Corp. 0.05% 14,600 $1.2M New
ITA iShares U.S. Aerospace & Def 0.05% 8,130 $1.2M New
DLTR Dollar Tree Inc. 0.05% 17,200 $1.2M New
ZGN Ermenegildo Zegna NV 0.04% 99,500 $979K New
IDMO Invesco S&P International DE 0.04% 22,800 $959K New
IXUS iShares Core Intl Stock ETF 0.04% 13,000 $944K New
AGL Agilon Health Inc. 0.04% 227,800 $895K New
REPL Replimune Group Inc. 0.03% 76,100 $834K New
EWP iShares MSCI Spain ETF 0.03% 20,300 $716K New
IMVP Invesco India Exchange-Trade 0.02% 14,900 $458K New
FLIN Franklin Ftse India ETF 0.02% 10,900 $457K New
QDEL Quidelortho Corp. 0.02% 9,600 $438K New
VWO Vanguard Ftse Emerging Marke 0.01% 5,000 $239K New
BIDU Baidu Inc. - Spon ADR 0.01% 2,224 $234K New
UWM Proshares Ultra RUSSELL2000 0.01% 5,004 $215K New

Portfolio Sells Q2 2024 → Q3 2024
GLD SPDR Gold Shares Reduce -0.5% 7.03% −3.23
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.51
VXUS Vanguard Total Intl Stock Sold out 0.00% −0.50
TIP iShares Tips Bond ETF Sold out 0.00% −0.19

Portfolio Buys Q2 2024 → Q3 2024
AGG iShares Core U.S. Aggregate New 32.69% +32.69
URTH iShares MSCI World ETF New 0.79% +0.79
EWJ iShares MSCI Japan ETF New 0.19% +0.19
EWU iShares MSCI United Kingdom New 0.19% +0.19
EWA iShares MSCI Australia ETF New 0.15% +0.15
BBCA JPMorgan Betabuilders Canada New 0.15% +0.15
SPMO Invesco S&P 500 Momentum ETF New 0.14% +0.14
XMMO Invesco S&P Midcap Momentum New 0.13% +0.13
SSO Proshares Ultra S&P500 New 0.10% +0.10
ESTC Elastic NV New 0.10% +0.10
EWC iShares MSCI Canada ETF New 0.10% +0.10
EWL iShares MSCI Switzerland ETF New 0.10% +0.10
SCZ iShares MSCI Eafe Small-Cap New 0.09% +0.09
EWT iShares MSCI Taiwan ETF New 0.09% +0.09
PGY Pagaya Technologies Ltd. Class A New 0.09% +0.09
MDY State Street SPDR S&P Midcap New 0.08% +0.08
QXO Qxo Inc. New 0.08% +0.08
HELE Helen of Troy Ltd. New 0.08% +0.08
EWG iShares MSCI Germany ETF New 0.08% +0.08
INDA iShares MSCI India ETF New 0.07% +0.07
INDL Dir DLY MSCI Ind B2X ETF-Usd New 0.07% +0.07
ARGT Global X MSCI Argentina ETF New 0.07% +0.07
XLI SS Industrial Select Sector New 0.07% +0.07
XSMO Invesco S&P Smallcap Momentu New 0.07% +0.07
CALY Callaway Golf Company New 0.07% +0.07
BMRN Biomarin Pharmaceutical Inc. New 0.07% +0.07
MRNA Moderna Inc. New 0.07% +0.07
BILL Bill Holdings Inc. New 0.07% +0.07
ATRC Atricure Inc. New 0.07% +0.07
DG Dollar General Corp. New 0.05% +0.05
ITA iShares U.S. Aerospace & Def New 0.05% +0.05
DLTR Dollar Tree Inc. New 0.05% +0.05
ZGN Ermenegildo Zegna NV New 0.04% +0.04
IDMO Invesco S&P International DE New 0.04% +0.04
IXUS iShares Core Intl Stock ETF New 0.04% +0.04
AGL Agilon Health Inc. New 0.04% +0.04
REPL Replimune Group Inc. New 0.03% +0.03
EWP iShares MSCI Spain ETF New 0.03% +0.03
IMVP Invesco India Exchange-Trade New 0.02% +0.02
FLIN Franklin Ftse India ETF New 0.02% +0.02
QDEL Quidelortho Corp. New 0.02% +0.02
VWO Vanguard Ftse Emerging Marke New 0.01% +0.01
BIDU Baidu Inc. - Spon ADR New 0.01% +0.01
UWM Proshares Ultra RUSSELL2000 New 0.01% +0.01
MTUM iShares MSCI USA Momentum Fa Add +2.0% 2.92% −1.60
ISCF iShares International Small Add +1.1% 9.92% −4.81
OMFL Invesco Russell 1000 DYN M/F Add +0.2% 11.31% −7.05
SRLN SS Blackstone Sr Loan ETF Add +2.2% 12.50% −7.60
BND Vanguard Total Bond Market Add +0.9% 19.76% −11.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 14$2.7BAGG, BND, GLDM, SRLN, MTUM
Q1 2026Amended 10$2.7BAGG, BND, SRLN, GLD, OMFL
Q4 2025 20$2.7BAGG, BND, SRLN, GLD, OMFL
Q3 2025 16$2.9BAGG, BND, SRLN, OMFL, GLD
Q2 2025 17$3.0BAGG, BND, SRLN, OMFL, GLD
Q1 2025Amended 18$3.0BAGG, BND, SRLN, OMFL, GLD
Q4 2024Amended 22$3.1BAGG, BND, SRLN, OMFL, ISCF
Q3 2024Amended 50$2.5BAGG, BND, SRLN, OMFL, ISCF
Q2 2024 9$1.5BBND, SRLN, OMFL, ISCF, GLD