Arizona State Retirement System
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 5, 2024), Arizona State Retirement System reported 2,101 stock positions worth $15.0 billion. Its top holding was Microsoft (MSFT) at 6.1% of the portfolio, followed by Apple (AAPL, 6.0%) and Nvidia (NVDA, 6.0%). Compared with Q1 2024, it opened 49 new positions, sold out of 74, added to 1,651 and reduced 397. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale an exit from Pioneer Natural Resources (PXD).
- Most Recent 13F
- Q2 2026
- Location
- PHOENIX, AZ
- CIK
- 0001558481
- Portfolio Value
- $15.0B (Q2 2024)
- SEC Filing
- 0000897069-24-001618 ↗ filed Aug 5, 2024
Holdings Value
Holdings 2,101 stocks · $15.0B
| MSFT Microsoft Corp. | 6.11% | 2,046,422 | $914.6M | Add +1.0% |
| AAPL Apple Inc. | 5.98% | 4,252,860 | $895.7M | Add +0.9% |
| NVDA Nvidia Corp. | 5.98% | 7,247,650 | $895.4M | Reduce -6.4% |
| AMZN Amazon.com Inc. | 3.50% | 2,714,236 | $524.5M | Add +1.7% |
| META Meta Platforms Inc. Class A | 2.14% | 635,226 | $320.3M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 2.08% | 1,708,417 | $311.2M | Add +0.6% |
| GOOG Alphabet Inc. Class C | 1.81% | 1,479,652 | $271.4M | Add +0.1% |
| LLY Eli Lilly & Co. | 1.42% | 234,287 | $212.1M | Add +1.2% |
| AVGO Broadcom Inc. | 1.37% | 127,632 | $204.9M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 1.12% | 832,637 | $168.4M | Add +0.4% |
| TSLA Tesla Inc. | 1.10% | 830,961 | $164.4M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.03% | 380,065 | $154.6M | Add +1.0% |
| XOM Exxon Mobil Corp. | 1.00% | 1,300,497 | $149.7M | Add +13.4% |
| UNH Unitedhealth Group Inc. | 0.91% | 267,298 | $136.1M | Add +0.7% |
| V Visa Inc. Class A | 0.80% | 458,512 | $120.3M | Add +0.9% |
| PG The Procter & Gamble Co. | 0.75% | 682,155 | $112.5M | Add +0.9% |
| COST Costco Wholesale Corp. | 0.73% | 128,574 | $109.3M | Add +1.0% |
| MA Mastercard Inc. Class A | 0.71% | 241,536 | $106.6M | Add +0.5% |
| JNJ Johnson & Johnson | 0.68% | 698,610 | $102.1M | Add +1.1% |
| HD Home Depot Inc. | 0.66% | 287,302 | $98.9M | Add +0.6% |
| MRK Merck & Co. Inc. | 0.61% | 734,228 | $90.9M | Add +1.0% |
| ABBV Abbvie Inc. | 0.59% | 513,321 | $88.0M | Add +1.3% |
| WMT Walmart Inc. | 0.58% | 1,284,842 | $87.0M | Add +0.8% |
| NFLX Netflix Inc. | 0.57% | 125,523 | $84.7M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.55% | 2,058,789 | $81.9M | Add +0.7% |
| CVX Chevron Corp. | 0.53% | 508,772 | $79.6M | Reduce -0.8% |
| AMD Advanced Micro Devices | 0.51% | 468,528 | $76.0M | Add +1.1% |
| KO The Coca-Cola Co. | 0.50% | 1,187,348 | $75.6M | Add +0.7% |
| CRM Salesforce Inc. | 0.48% | 281,208 | $72.3M | Add +1.2% |
| ADBE Adobe Inc. | 0.48% | 129,878 | $72.2M | Add +0.1% |
| ORCL Oracle Corp. | 0.45% | 478,086 | $67.5M | Add +1.0% |
| PEP Pepsico Inc. | 0.44% | 398,455 | $65.7M | Add +1.0% |
| QCOM Qualcomm Inc. | 0.43% | 323,535 | $64.4M | Add +0.8% |
| LIN Linde PLC | 0.41% | 139,730 | $61.3M | Add +0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.41% | 110,662 | $61.2M | Reduce -0.2% |
| WFC Wells Fargo & Co. | 0.41% | 1,026,385 | $61.0M | Reduce -1.5% |
| AMAT Applied Materials Inc. | 0.38% | 240,882 | $56.8M | Add +1.0% |
| CSCO Cisco Systems Inc. | 0.37% | 1,173,883 | $55.8M | Add +0.7% |
| ACN Accenture PLC Class A | 0.37% | 182,272 | $55.3M | Add +1.3% |
| INTU Intuit Inc. | 0.36% | 81,167 | $53.3M | Add +1.0% |
| MCD McDonald's Corp. | 0.36% | 209,024 | $53.3M | Add +0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 531,775 | $52.8M | Add +1.1% |
| ABT Abbott Laboratories | 0.35% | 503,040 | $52.3M | Add +1.0% |
| TXN Texas Instruments Inc. | 0.34% | 263,830 | $51.3M | Add +1.2% |
| DHR Danaher Corp. | 0.34% | 203,953 | $51.0M | Add +1.3% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 316,944 | $50.4M | Add +1.5% |
| VZ Verizon Communications Inc. | 0.34% | 1,218,844 | $50.3M | Add +1.0% |
| AMGN Amgen Inc. | 0.32% | 155,366 | $48.5M | Add +1.2% |
| CAT Caterpillar Inc. | 0.32% | 144,773 | $48.2M | Reduce -0.9% |
| NOW ServiceNow Inc. | 0.31% | 59,430 | $46.8M | Add +1.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 265,769 | $46.0M | Add +1.4% |
| PFE Pfizer Inc. | 0.31% | 1,637,035 | $45.8M | Add +1.0% |
| ISRG Intuitive Surgical Inc. | 0.31% | 102,756 | $45.7M | Add +1.7% |
| PM Philip Morris International | 0.30% | 450,066 | $45.6M | Add +1.0% |
| CMCSA Comcast Corp. Class A | 0.30% | 1,149,039 | $45.0M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 0.28% | 94,083 | $42.6M | Add +0.5% |
| MU Micron Technology Inc. | 0.28% | 321,032 | $42.2M | Add +1.3% |
| NEE Nextera Energy Inc. | 0.28% | 595,011 | $42.1M | Add +1.1% |
| SPGI S&P Global Inc. | 0.28% | 92,845 | $41.4M | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.27% | 38,008 | $40.5M | Add +0.5% |
| HON Honeywell International Inc. | 0.27% | 189,072 | $40.4M | Reduce -0.1% |
| UNP Union Pacific Corp. | 0.27% | 176,778 | $40.0M | Add +1.1% |
| T AT&T Inc. | 0.26% | 2,073,637 | $39.6M | Add +1.1% |
| UBER Uber Technologies Inc. | 0.26% | 543,107 | $39.5M | Add +2.2% |
| BKNG Booking Holdings Inc. | 0.26% | 9,907 | $39.2M | Reduce -1.1% |
| COP Conocophillips | 0.26% | 341,048 | $39.0M | Add +0.1% |
| RTX RTX Corp. | 0.26% | 385,473 | $38.7M | Reduce -6.6% |
| AXP American Express Co. | 0.26% | 166,995 | $38.7M | Reduce -0.2% |
| INTC Intel Corp. | 0.26% | 1,234,093 | $38.2M | Add +2.0% |
| LOW Lowe's Cos Inc. | 0.24% | 165,880 | $36.6M | Add +0.5% |
| ELV Elevance Health Inc. | 0.24% | 67,453 | $36.6M | Add +0.0% |
| ETN Eaton Corp. PLC | 0.24% | 115,931 | $36.4M | Add +1.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 328,456 | $36.2M | Add +0.4% |
| PGR Progressive Corp. | 0.24% | 169,791 | $35.3M | Add +1.1% |
| C Citigroup Inc. | 0.24% | 555,250 | $35.2M | Add +1.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 74,884 | $35.1M | Add +1.3% |
| MS Morgan Stanley | 0.23% | 355,555 | $34.6M | Add +0.7% |
| BLK BlackRock Finance Inc. | 0.23% | 43,179 | $34.0M | Add +1.1% |
| SYK Stryker Corp. | 0.23% | 99,216 | $33.8M | Add +1.1% |
| REGN Regeneron Pharmaceuticals | 0.22% | 31,293 | $32.9M | Add +1.8% |
| BSX Boston Scientific Corp. | 0.22% | 426,131 | $32.8M | Add +1.4% |
| ADI Analog Devices Inc. | 0.22% | 143,766 | $32.8M | Add +0.9% |
| KLAC KLA Corp. | 0.22% | 39,206 | $32.3M | Add +0.5% |
| SCHW Schwab (charles) Corp. | 0.21% | 437,020 | $32.2M | Add +1.1% |
| PANW Palo Alto Networks Inc. | 0.21% | 93,668 | $31.8M | Add +3.5% |
| BA The Boeing Co. | 0.20% | 168,037 | $30.6M | Add +1.9% |
| MDT Medtronic PLC | 0.20% | 384,943 | $30.3M | Add +0.9% |
| PLD Prologis Inc. | 0.20% | 268,177 | $30.1M | Add +1.1% |
| MRSH Marsh & McLennan Cos | 0.20% | 142,534 | $30.0M | Add +0.7% |
| CB Chubb Ltd. | 0.20% | 117,698 | $30.0M | Add +0.5% |
| LMT Lockheed Martin Corp. | 0.20% | 62,749 | $29.3M | Reduce -2.1% |
| UPS United Parcel Service Class B | 0.19% | 211,005 | $28.9M | Add +1.7% |
| DE Deere & Co. | 0.19% | 76,663 | $28.6M | Add +0.4% |
| ADP Automatic Data Processing | 0.19% | 119,090 | $28.4M | Add +0.9% |
| TMUS T-Mobile US Inc. | 0.18% | 154,836 | $27.3M | Add +3.7% |
| CI The Cigna Group | 0.18% | 82,254 | $27.2M | Reduce -2.0% |
| ANET Arista Networks Inc. | 0.18% | 77,039 | $27.0M | Add +1.5% |
| NKE Nike Inc. Class B | 0.18% | 351,211 | $26.5M | Add +0.6% |
| SNPS Synopsys Inc. | 0.18% | 44,223 | $26.3M | Add +1.4% |
| AMT American Tower Corp. | 0.18% | 135,375 | $26.3M | Add +1.2% |
Portfolio Sells Q1 2024 → Q2 2024
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.12 |
| CVS CVS Health Corp. | Reduce -1.2% | 0.14% | −0.06 |
| CAT Caterpillar Inc. | Reduce -0.9% | 0.32% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -0.3% | 0.30% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.2% | 0.41% | −0.04 |
| MPC Marathon Petroleum Corp. | Reduce -4.1% | 0.12% | −0.03 |
| CI The Cigna Group | Reduce -2.0% | 0.18% | −0.03 |
| CVX Chevron Corp. | Reduce -0.8% | 0.53% | −0.03 |
| PSX Phillips 66 | Reduce -1.8% | 0.12% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -1.4% | 0.11% | −0.02 |
| NUE Nucor Corp. | Reduce -1.1% | 0.07% | −0.02 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.02 |
| MNST Monster Beverage Corp. | Reduce -4.4% | 0.07% | −0.02 |
| FISV Fiserv Inc. | Reduce -0.6% | 0.17% | −0.02 |
| RTX RTX Corp. | Reduce -6.6% | 0.26% | −0.02 |
| CSGP Costar Group Inc. | Reduce -0.1% | 0.06% | −0.02 |
| GM General Motors Co. | Reduce -14.8% | 0.10% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.1% | 0.17% | −0.02 |
| BLDR Builders Firstsource Inc. | Reduce -1.3% | 0.03% | −0.02 |
| NOC Northrop Grumman Corp. | Reduce -0.8% | 0.12% | −0.02 |
| BF.B Brown-Forman Corp. Class B | Reduce -43.1% | 0.01% | −0.02 |
| VLO Valero Energy Corp. | Reduce -2.2% | 0.10% | −0.02 |
| LEN Lennar Corp. Class A | Reduce -2.2% | 0.07% | −0.01 |
| DLTR Dollar Tree Inc. | Reduce -4.2% | 0.04% | −0.01 |
| ULTA Ulta Beauty Inc. | Reduce -0.7% | 0.03% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Reduce -0.1% | 0.02% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -6.1% | 0.04% | −0.01 |
| ALGN Align Technology Inc. | Reduce -1.8% | 0.03% | −0.01 |
| GWW WW Grainger Inc. | Reduce -1.1% | 0.07% | −0.01 |
| URI United Rentals Inc. | Reduce -1.0% | 0.08% | −0.01 |
| FERG Ferguson Jersey Ltd. | Reduce -0.5% | 0.07% | −0.01 |
| SYY Sysco Corp. | Reduce -0.3% | 0.07% | −0.01 |
| AIG American International Group | Reduce -3.0% | 0.10% | −0.01 |
| WY Weyerhaeuser Co. | Reduce -0.2% | 0.04% | −0.01 |
| WST West Pharmaceutical Services | Reduce -1.2% | 0.04% | −0.01 |
| ILMN Illumina Inc. | Reduce -0.1% | 0.03% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -1.5% | 0.41% | −0.01 |
| MLM Martin Marietta Materials | Reduce -0.3% | 0.06% | −0.01 |
| MAR Marriott International Class A | Reduce -0.4% | 0.12% | −0.01 |
| CMI Cummins Inc. | Reduce -2.5% | 0.07% | −0.01 |
| HCA HCA Healthcare Inc. | Reduce -0.2% | 0.12% | −0.01 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -7.7% | 0.04% | −0.01 |
| ON On Semiconductor | Reduce -5.0% | 0.05% | −0.01 |
| AIRC Apartment Income REIT Co. | Sold out | 0.00% | −0.01 |
| MET Metlife Inc. | Reduce -1.3% | 0.08% | −0.01 |
| CPAY Corpay Inc. | Reduce -5.6% | 0.03% | −0.01 |
| VMC Vulcan Materials Co. | Reduce -0.6% | 0.06% | −0.01 |
| CAH Cardinal Health Inc. | Reduce -1.4% | 0.04% | −0.01 |
| JBL Jabil Inc. | Reduce -5.6% | 0.02% | −0.01 |
| WBD Warner Bros Discovery Inc. | Reduce -4.2% | 0.03% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.9% | 5.98% | +0.98 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 2.08% | +0.30 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 1.81% | +0.25 |
| MSFT Microsoft Corp. | Add +1.0% | 6.11% | +0.21 |
| AVGO Broadcom Inc. | Add +0.0% | 1.37% | +0.20 |
| AMZN Amazon.com Inc. | Add +1.7% | 3.50% | +0.17 |
| LLY Eli Lilly & Co. | Add +1.2% | 1.42% | +0.17 |
| CRH CRH PLC | New | 0.10% | +0.10 |
| TSLA Tesla Inc. | Add +1.2% | 1.10% | +0.10 |
| COST Costco Wholesale Corp. | Add +1.0% | 0.73% | +0.08 |
| XOM Exxon Mobil Corp. | Add +13.4% | 1.00% | +0.08 |
| QCOM Qualcomm Inc. | Add +0.8% | 0.43% | +0.05 |
| WMT Walmart Inc. | Add +0.8% | 0.58% | +0.05 |
| ORCL Oracle Corp. | Add +1.0% | 0.45% | +0.04 |
| AMAT Applied Materials Inc. | Add +1.0% | 0.38% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +3.5% | 0.21% | +0.03 |
| ADBE Adobe Inc. | Add +0.1% | 0.48% | +0.03 |
| TXN Texas Instruments Inc. | Add +1.2% | 0.34% | +0.03 |
| ANET Arista Networks Inc. | Add +1.5% | 0.18% | +0.03 |
| KLAC KLA Corp. | Add +0.5% | 0.22% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +1.7% | 0.31% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +1.8% | 0.17% | +0.03 |
| ADI Analog Devices Inc. | Add +0.9% | 0.22% | +0.02 |
| MU Micron Technology Inc. | Add +1.3% | 0.28% | +0.02 |
| PM Philip Morris International | Add +1.0% | 0.30% | +0.02 |
| AMGN Amgen Inc. | Add +1.2% | 0.32% | +0.02 |
| NEE Nextera Energy Inc. | Add +1.1% | 0.28% | +0.02 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +0.6% | 0.06% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Add +1.3% | 0.23% | +0.02 |
| BSX Boston Scientific Corp. | Add +1.4% | 0.22% | +0.02 |
| APH Amphenol Corp. Class A | Add +1.6% | 0.16% | +0.02 |
| LRCX Lam Research Corp. | Add +0.5% | 0.27% | +0.02 |
| DELL Dell Technologies -C | Add +10.6% | 0.07% | +0.02 |
| REGN Regeneron Pharmaceuticals | Add +1.8% | 0.22% | +0.01 |
| T AT&T Inc. | Add +1.1% | 0.26% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 0.28% | +0.01 |
| TMUS T-Mobile US Inc. | Add +3.7% | 0.18% | +0.01 |
| WELL Welltower Inc. | Add +3.8% | 0.11% | +0.01 |
| TJX TJX Companies Inc. | Add +0.4% | 0.24% | +0.01 |
| MPWR Monolithic Power Systems Inc. | Add +1.4% | 0.07% | +0.01 |
| NEM Newmont Corp. | Add +1.1% | 0.09% | +0.01 |
| KKR KKR & Co. Inc. | Add +8.8% | 0.13% | +0.01 |
| INSM Insmed Inc. | Add +5.7% | 0.02% | +0.01 |
| CMG Chipotle Mexican Grill Inc. | Add +2.6% | 0.17% | +0.01 |
| BAC Bank of America Corp. | Add +0.7% | 0.55% | +0.01 |
| CEG Constellation Energy | Add +4.0% | 0.12% | +0.01 |
| HPQ HP Inc. | Add +5.0% | 0.07% | +0.01 |
| VST Vistra Corp. | Add +2.3% | 0.05% | +0.01 |
| FSLR First Solar Inc. | Add +0.1% | 0.04% | +0.01 |
| PINS Pinterest Inc. Class A | Add +1.4% | 0.05% | +0.01 |
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 |