Arizona State Retirement System
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Arizona State Retirement System reported 2,071 stock positions worth $19.9 billion. Its top holding was Nvidia (NVDA) at 6.4% of the portfolio, followed by Apple (AAPL, 5.9%) and Microsoft (MSFT, 3.7%). Compared with Q1 2026, it opened 77 new positions, sold out of 60, added to 1,168 and reduced 823. The biggest buy was Micron Technology (MU, shares +1%) and the biggest sale Exxon Mobil (XOM, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- PHOENIX, AZ
- CIK
- 0001558481
- Portfolio Value
- $19.9B (Q2 2026)
- SEC Filing
- 0000897069-26-001594 ↗ filed Aug 7, 2026
Holdings Value
Holdings 2,071 stocks · $19.9B
| NVDA Nvidia Corp. | 6.44% | 6,405,642 | $1.3B | Reduce -3.8% |
| AAPL Apple Inc. | 5.93% | 4,073,733 | $1.2B | Add +1.2% |
| MSFT Microsoft Corp. | 3.67% | 1,957,446 | $730.2M | Add +1.2% |
| AMZN Amazon.com Inc. | 3.22% | 2,685,688 | $640.1M | Add +1.9% |
| GOOGL Alphabet Inc. Class A | 2.90% | 1,615,493 | $577.3M | Add +1.3% |
| AVGO Broadcom Inc. | 2.37% | 1,248,090 | $471.5M | Add +1.1% |
| GOOG Alphabet Inc. Class C | 2.28% | 1,282,599 | $453.2M | Reduce -3.8% |
| MU Micron Technology Inc. | 1.82% | 312,924 | $361.2M | Add +1.5% |
| META Meta Platforms Inc. Class A | 1.73% | 609,361 | $343.2M | Add +2.1% |
| TSLA Tesla Inc. | 1.65% | 780,920 | $328.5M | Add +0.8% |
| LLY Eli Lilly & Co. | 1.34% | 222,844 | $267.3M | Add +1.2% |
| AMD Advanced Micro Devices | 1.32% | 452,388 | $262.8M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 1.22% | 744,264 | $243.6M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.97% | 385,899 | $193.1M | Add +2.4% |
| INTC Intel Corp. | 0.86% | 1,219,079 | $170.2M | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.85% | 668,344 | $169.7M | Add +1.2% |
| V Visa Inc. Class A | 0.80% | 466,471 | $160.0M | Add +1.0% |
| AMAT Applied Materials Inc. | 0.80% | 220,211 | $159.2M | Add +1.4% |
| XOM Exxon Mobil Corp. | 0.79% | 1,153,365 | $157.7M | Reduce -0.2% |
| LRCX Lam Research Corp. | 0.75% | 346,510 | $150.2M | Add +0.7% |
| WMT Walmart Inc. | 0.69% | 1,216,703 | $137.8M | Add +1.3% |
| CAT Caterpillar Inc. | 0.69% | 129,108 | $137.5M | Add +0.7% |
| CSCO Cisco Systems Inc. | 0.65% | 1,096,019 | $128.7M | Add +1.3% |
| ABBV Abbvie Inc. | 0.62% | 490,797 | $123.5M | Add +1.3% |
| MA Mastercard Inc. Class A | 0.59% | 227,208 | $116.7M | Reduce -2.1% |
| COST Costco Wholesale Corp. | 0.58% | 123,105 | $115.2M | Add +1.2% |
| KLAC KLA Corp. | 0.55% | 363,713 | $109.7M | Add +1.0% |
| GE General Electric filed as GE AEROSPACE | 0.54% | 289,920 | $108.4M | Add +0.3% |
| BAC Bank of America Corp. | 0.54% | 1,883,657 | $107.3M | Add +0.3% |
| UNH Unitedhealth Group Inc. | 0.53% | 251,862 | $104.7M | Add +1.5% |
| HD Home Depot Inc. | 0.49% | 276,374 | $97.5M | Add +1.3% |
| PG The Procter & Gamble Co. | 0.48% | 644,865 | $94.6M | Add +0.7% |
| SNDK Sandisk Corp. | 0.45% | 39,709 | $90.3M | Add +3.8% |
| MRK Merck & Co. Inc. | 0.44% | 686,042 | $88.2M | Add +0.9% |
| GEV GE Vernova Inc. | 0.44% | 74,789 | $87.9M | Add +0.6% |
| KO The Coca-Cola Co. | 0.44% | 1,074,888 | $87.4M | Reduce -4.0% |
| CVX Chevron Corp. | 0.43% | 512,155 | $84.9M | Reduce -2.3% |
| NFLX Netflix Inc. | 0.42% | 1,168,416 | $83.4M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.42% | 81,855 | $82.8M | Reduce -0.4% |
| PM Philip Morris International | 0.39% | 432,462 | $78.2M | Add +1.4% |
| PANW Palo Alto Networks Inc. | 0.39% | 225,037 | $76.7M | Add +1.6% |
| TXN Texas Instruments Inc. | 0.38% | 252,636 | $75.3M | Add +1.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 260,286 | $73.2M | Add +1.6% |
| RTX RTX Corp. | 0.36% | 373,482 | $70.9M | Add +1.6% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 604,307 | $70.5M | Reduce -3.4% |
| MRVL Marvell Technology Inc. | 0.35% | 236,579 | $70.5M | Add +1.8% |
| WFC Wells Fargo & Co. | 0.35% | 850,284 | $70.3M | Reduce -1.1% |
| ORCL Oracle Corp. | 0.35% | 478,829 | $70.2M | Add +1.4% |
| MS Morgan Stanley | 0.35% | 328,814 | $68.7M | Add +1.1% |
| LIN Linde PLC | 0.34% | 128,583 | $66.7M | Add +0.5% |
| C Citigroup Inc. | 0.33% | 473,271 | $66.2M | Reduce -3.4% |
| WDC Western Digital Corp. | 0.31% | 96,018 | $61.3M | Add +2.5% |
| APH Amphenol Corp. Class A | 0.30% | 341,144 | $60.2M | Add +1.7% |
| STX Seagate Technology Holdings | 0.29% | 60,609 | $58.5M | Add +2.4% |
| GLW Corning Inc. | 0.28% | 220,483 | $56.3M | Reduce -1.2% |
| QCOM Qualcomm Inc. | 0.28% | 296,072 | $54.7M | Add +1.7% |
| AMGN Amgen Inc. | 0.27% | 149,581 | $54.2M | Add +1.4% |
| ADI Analog Devices Inc. | 0.27% | 135,467 | $53.8M | Add +1.0% |
| MCD McDonald's Corp. | 0.27% | 197,122 | $53.3M | Add +1.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.26% | 68,502 | $52.3M | Reduce -0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 103,118 | $51.7M | Add +0.1% |
| PEP Pepsico Inc. | 0.26% | 379,252 | $51.4M | Add +1.2% |
| NEE Nextera Energy Inc. | 0.26% | 578,632 | $50.8M | Add +2.6% |
| ANET Arista Networks Inc. | 0.25% | 296,365 | $50.3M | Add +1.0% |
| AXP American Express Co. | 0.25% | 147,476 | $49.9M | Reduce -2.3% |
| VZ Verizon Communications Inc. | 0.25% | 1,159,870 | $49.1M | Add +0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.24% | 491,563 | $47.3M | Add +0.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.23% | 307,119 | $46.5M | Add +0.9% |
| ETN Eaton Corp. PLC | 0.23% | 107,658 | $45.9M | Add +1.2% |
| BA The Boeing Co. | 0.23% | 207,154 | $44.8M | Reduce -3.5% |
| UNP Union Pacific Corp. | 0.23% | 164,735 | $44.8M | Add +1.4% |
| WELL Welltower Inc. | 0.22% | 195,494 | $44.4M | Add +4.0% |
| ABT Abbott Laboratories | 0.22% | 483,276 | $43.9M | Add +1.4% |
| GILD Gilead Sciences Inc. | 0.22% | 344,415 | $43.5M | Add +1.3% |
| DE Deere & Co. | 0.22% | 67,454 | $42.8M | Reduce -4.2% |
| SCHW Schwab (charles) Corp. | 0.21% | 458,174 | $42.3M | Reduce -0.9% |
| T AT&T Inc. | 0.20% | 1,937,411 | $40.1M | Reduce -0.3% |
| BLK BlackRock Inc. | 0.20% | 40,956 | $39.4M | Add +1.4% |
| ISRG Intuitive Surgical Inc. | 0.20% | 98,553 | $39.2M | Add +1.5% |
| BKNG Booking Holdings Inc. | 0.19% | 217,321 | $38.7M | Reduce -1.6% |
| PFE Pfizer Inc. | 0.19% | 1,578,409 | $38.0M | Add +1.4% |
| CVS CVS Health Corp. | 0.18% | 353,014 | $36.5M | Add +1.5% |
| DELL Dell Technologies -C | 0.18% | 83,586 | $36.1M | Reduce -3.8% |
| UBER Uber Technologies Inc. | 0.18% | 494,533 | $35.7M | Reduce -8.6% |
| PGR Progressive Corp. | 0.18% | 162,316 | $35.5M | Add +1.1% |
| COP Conocophillips | 0.18% | 339,176 | $35.3M | Add +0.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.18% | 70,580 | $35.1M | Add +1.5% |
| PLD Prologis Inc. | 0.18% | 258,676 | $35.0M | Add +1.6% |
| CRM Salesforce Inc. | 0.17% | 221,319 | $34.7M | Reduce -13.8% |
| LOW Lowe's Cos Inc. | 0.17% | 155,407 | $34.3M | Add +1.1% |
| SPGI S&P Global Inc. | 0.17% | 84,115 | $34.3M | Reduce -1.0% |
| PH Parker Hannifin Corp. | 0.17% | 35,022 | $34.3M | Add +1.3% |
| VRT Vertiv Holdings Co. Class A | 0.17% | 100,856 | $33.8M | Add +2.1% |
| DHR Danaher Corp. | 0.17% | 176,736 | $33.7M | Add +1.4% |
| MO Altria Group Inc. | 0.17% | 463,758 | $33.4M | Add +0.8% |
| COF Capital One Financial Corp. | 0.17% | 165,992 | $33.3M | Reduce -4.7% |
| CB Chubb Ltd. | 0.17% | 97,018 | $33.1M | Reduce -5.3% |
| APP AppLovin Corp. Class A | 0.17% | 63,700 | $32.8M | Add +0.8% |
| BMY Bristol-Myers Squibb Co. | 0.16% | 566,542 | $32.6M | Add +1.6% |
| SBUX Starbucks Corp. | 0.16% | 316,134 | $32.3M | Add +1.5% |
Portfolio Sells Q1 2026 → Q2 2026
| XOM Exxon Mobil Corp. | Reduce -0.2% | 0.79% | −0.35 |
| NVDA Nvidia Corp. | Reduce -3.8% | 6.44% | −0.35 |
| CVX Chevron Corp. | Reduce -2.3% | 0.43% | −0.21 |
| PLTR Palantir Technologies Inc. Class A | Reduce -3.4% | 0.35% | −0.18 |
| T AT&T Inc. | Reduce -0.3% | 0.20% | −0.13 |
| CRM Salesforce Inc. | Reduce -13.8% | 0.17% | −0.11 |
| MA Mastercard Inc. Class A | Reduce -2.1% | 0.59% | −0.09 |
| KO The Coca-Cola Co. | Reduce -4.0% | 0.44% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.2% | 1.22% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -0.2% | 0.12% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -8.6% | 0.18% | −0.05 |
| ADBE Adobe Inc. | Reduce -2.2% | 0.12% | −0.05 |
| WFC Wells Fargo & Co. | Reduce -1.1% | 0.35% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -0.0% | 0.12% | −0.04 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -0.9% | 0.21% | −0.04 |
| ZTS Zoetis Inc. | Reduce -3.4% | 0.04% | −0.04 |
| SPGI S&P Global Inc. | Reduce -1.0% | 0.17% | −0.04 |
| HCA HCA Healthcare Inc. | Reduce -0.8% | 0.09% | −0.04 |
| LNG Cheniere Energy Inc. | Reduce -3.6% | 0.07% | −0.03 |
| CB Chubb Ltd. | Reduce -5.3% | 0.17% | −0.03 |
| KR Kroger Co. | Reduce -7.2% | 0.04% | −0.03 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.03 |
| BA The Boeing Co. | Reduce -3.5% | 0.23% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -0.4% | 0.11% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -4.4% | 0.08% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -1.6% | 0.19% | −0.02 |
| ROST Ross Stores Inc. | Reduce -1.6% | 0.09% | −0.02 |
| COF Capital One Financial Corp. | Reduce -4.7% | 0.17% | −0.02 |
| COIN Coinbase Global Inc. Class A | Reduce -1.2% | 0.04% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -3.7% | 0.09% | −0.02 |
| MCO Moody's Corp. | Reduce -4.9% | 0.10% | −0.02 |
| CTAS Cintas Corp. | Reduce -4.3% | 0.08% | −0.02 |
| DE Deere & Co. | Reduce -4.2% | 0.22% | −0.02 |
| RSG Republic Services Inc. | Reduce -6.2% | 0.06% | −0.02 |
| AXP American Express Co. | Reduce -2.3% | 0.25% | −0.02 |
| GM General Motors Co. | Reduce -1.9% | 0.10% | −0.01 |
| EA Electronic Arts Inc. | Reduce -4.0% | 0.06% | −0.01 |
| MASI Masimo Corp. | Sold out | 0.00% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -2.6% | 0.05% | −0.01 |
| CI The Cigna Group | Reduce -0.0% | 0.10% | −0.01 |
| MPC Marathon Petroleum Corp. | Reduce -0.8% | 0.10% | −0.01 |
| VLO Valero Energy Corp. | Reduce -0.7% | 0.11% | −0.01 |
| AFL Aflac Inc. | Reduce -5.7% | 0.08% | −0.01 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −0.01 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −0.01 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.01 |
| LULU Lululemon Athletica Inc. | Reduce -1.6% | 0.02% | −0.01 |
| MSCI MSCI Inc. | Reduce -4.0% | 0.06% | −0.01 |
| APO Apollo Global Management Inc. | Reduce -2.5% | 0.07% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| MU Micron Technology Inc. | Add +1.5% | 1.82% | +1.21 |
| AMD Advanced Micro Devices | Add +1.4% | 1.32% | +0.79 |
| AMAT Applied Materials Inc. | Add +1.4% | 0.80% | +0.37 |
| LRCX Lam Research Corp. | Add +0.7% | 0.75% | +0.32 |
| SNDK Sandisk Corp. | Add +3.8% | 0.45% | +0.31 |
| KLAC KLA Corp. | Add +1.0% | 0.55% | +0.24 |
| GOOGL Alphabet Inc. Class A | Add +1.3% | 2.90% | +0.22 |
| MRVL Marvell Technology Inc. | Add +1.8% | 0.35% | +0.22 |
| PANW Palo Alto Networks Inc. | Add +1.6% | 0.39% | +0.18 |
| WDC Western Digital Corp. | Add +2.5% | 0.31% | +0.16 |
| CAT Caterpillar Inc. | Add +0.7% | 0.69% | +0.16 |
| LLY Eli Lilly & Co. | Add +1.2% | 1.34% | +0.16 |
| STX Seagate Technology Holdings | Add +2.4% | 0.29% | +0.16 |
| CSCO Cisco Systems Inc. | Add +1.3% | 0.65% | +0.16 |
| AVGO Broadcom Inc. | Add +1.1% | 2.37% | +0.14 |
| UNH Unitedhealth Group Inc. | Add +1.5% | 0.53% | +0.13 |
| SPCX Space Exploration Techn Class A | New | 0.12% | +0.12 |
| TXN Texas Instruments Inc. | Add +1.5% | 0.38% | +0.10 |
| ALAB Astera Labs Inc. | Add +8.1% | 0.09% | +0.07 |
| BE Bloom Energy Corp. Class A | Add +26.7% | 0.12% | +0.07 |
| GE General Electric | Add +0.3% | 0.54% | +0.07 |
| GEV GE Vernova Inc. | Add +0.6% | 0.44% | +0.06 |
| DDOG Datadog Inc. Class A | Add +6.6% | 0.12% | +0.06 |
| QCOM Qualcomm Inc. | Add +1.7% | 0.28% | +0.06 |
| APH Amphenol Corp. Class A | Add +1.7% | 0.30% | +0.05 |
| FTNT Fortinet Inc. | Add +0.8% | 0.13% | +0.05 |
| FLEX Flex Ltd. | Add +4.9% | 0.09% | +0.05 |
| COHR Coherent Corp. | Add +25.3% | 0.11% | +0.05 |
| ANET Arista Networks Inc. | Add +1.0% | 0.25% | +0.04 |
| CRDO Credo Technology Group Holdi | Add +7.8% | 0.07% | +0.04 |
| SNOW Snowflake Inc. | Add +3.3% | 0.12% | +0.04 |
| CVS CVS Health Corp. | Add +1.5% | 0.18% | +0.04 |
| HPE Hewlett Packard Enterprise | Add +4.9% | 0.09% | +0.04 |
| HUM Humana Inc. | Add +5.3% | 0.07% | +0.04 |
| TER Teradyne Inc. | Add +5.5% | 0.11% | +0.04 |
| MS Morgan Stanley | Add +1.1% | 0.35% | +0.03 |
| URI United Rentals Inc. | Add +4.4% | 0.10% | +0.03 |
| RKLB Rocket Lab Corp. | Add +14.2% | 0.08% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +2.1% | 0.17% | +0.03 |
| CDNS Cadence Design SYS Inc. | Add +2.7% | 0.14% | +0.02 |
| FIX Comfort Systems USA Inc. | Add +5.3% | 0.10% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | Add +1.4% | 0.10% | +0.02 |
| RVMD Revolution Medicines Inc. | Add +17.7% | 0.04% | +0.02 |
| MDLN Medline Inc. Class A | New | 0.02% | +0.02 |
| ADI Analog Devices Inc. | Add +1.0% | 0.27% | +0.02 |
| PWR Quanta Services Inc. | Add +2.7% | 0.15% | +0.02 |
| CNC Centene Corp. | Add +5.6% | 0.05% | +0.02 |
| NXPI NXP Semiconductors NV | Add +1.7% | 0.10% | +0.02 |
| SN Sharkninja Inc. | New | 0.02% | +0.02 |
| CMI Cummins Inc. | Add +1.3% | 0.14% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,071 | $19.9B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 2,051 | $17.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 2,047 | $18.4B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 2,081 | $18.8B | NVDA, AAPL, MSFT, AMZN, META |
| Q2 2025 | 2,053 | $17.4B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 2,086 | $15.7B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 2,130 | $16.4B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 2,151 | $15.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 2,101 | $15.0B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 2,124 | $14.5B | MSFT, AAPL, NVDA, AMZN, META |