Arizona State Retirement System
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Arizona State Retirement System reported 2,151 stock positions worth $15.9 billion. Its top holding was Apple (AAPL) at 6.2% of the portfolio, followed by Microsoft (MSFT, 5.5%) and Nvidia (NVDA, 5.4%). Compared with Q2 2024, it opened 82 new positions, sold out of 33, added to 1,723 and reduced 345. The biggest buy was a new position in Vanguard Mrngstr Val ETF-Aui (VTV) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- PHOENIX, AZ
- CIK
- 0001558481
- Portfolio Value
- $15.9B (Q3 2024)
- SEC Filing
- 0000897069-24-002139 ↗ filed Nov 12, 2024
Holdings Value
Holdings 2,151 stocks · $15.9B
| AAPL Apple Inc. | 6.16% | 4,191,976 | $976.7M | Reduce -1.4% |
| MSFT Microsoft Corp. | 5.51% | 2,031,881 | $874.3M | Reduce -0.7% |
| NVDA Nvidia Corp. | 5.42% | 7,078,442 | $859.6M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 3.17% | 2,695,371 | $502.2M | Reduce -0.7% |
| META Meta Platforms Inc. Class A | 2.28% | 630,642 | $361.0M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 1.77% | 1,690,492 | $280.4M | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 1.53% | 1,454,782 | $243.2M | Reduce -1.7% |
| AVGO Broadcom Inc. | 1.38% | 1,267,612 | $218.7M | Reduce -0.7% |
| TSLA Tesla Inc. | 1.36% | 822,978 | $215.3M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 1.30% | 232,494 | $206.0M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.10% | 379,737 | $174.8M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 1.09% | 823,377 | $173.6M | Reduce -1.1% |
| UNH Unitedhealth Group Inc. | 0.97% | 263,897 | $154.3M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.95% | 1,286,224 | $150.8M | Reduce -1.1% |
| V Visa Inc. Class A | 0.78% | 451,347 | $124.1M | Reduce -1.6% |
| MA Mastercard Inc. Class A | 0.74% | 238,045 | $117.5M | Reduce -1.4% |
| PG The Procter & Gamble Co. | 0.74% | 676,753 | $117.2M | Reduce -0.8% |
| HD Home Depot Inc. | 0.73% | 284,319 | $115.2M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 0.71% | 127,083 | $112.7M | Reduce -1.2% |
| JNJ Johnson & Johnson | 0.71% | 690,096 | $111.8M | Reduce -1.2% |
| WMT Walmart Inc. | 0.65% | 1,268,454 | $102.4M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.63% | 506,318 | $100.0M | Reduce -1.4% |
| NFLX Netflix Inc. | 0.55% | 123,475 | $87.6M | Reduce -1.6% |
| KO The Coca-Cola Co. | 0.53% | 1,173,436 | $84.3M | Reduce -1.2% |
| MRK Merck & Co. Inc. | 0.52% | 726,217 | $82.5M | Reduce -1.1% |
| ORCL Oracle Corp. | 0.51% | 474,614 | $80.9M | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 2,018,062 | $80.1M | Reduce -2.0% |
| CRM Salesforce Inc. | 0.48% | 277,836 | $76.0M | Reduce -1.2% |
| AMD Advanced Micro Devices | 0.48% | 463,372 | $76.0M | Reduce -1.1% |
| CVX Chevron Corp. | 0.47% | 502,001 | $73.9M | Reduce -1.3% |
| TMO Thermo Fisher Scientific Inc. | 0.43% | 109,447 | $67.7M | Reduce -1.1% |
| PEP Pepsico Inc. | 0.42% | 393,789 | $67.0M | Reduce -1.2% |
| ADBE Adobe Inc. | 0.42% | 127,126 | $65.8M | Reduce -2.1% |
| LIN Linde PLC | 0.41% | 137,824 | $65.7M | Reduce -1.4% |
| ACN Accenture PLC Class A | 0.40% | 179,599 | $63.5M | Reduce -1.5% |
| MCD McDonald's Corp. | 0.40% | 206,637 | $62.9M | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 0.39% | 1,155,042 | $61.5M | Reduce -1.6% |
| GE General Electric filed as GE AEROSPACE | 0.37% | 313,850 | $59.2M | Reduce -1.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 263,426 | $58.2M | Reduce -0.9% |
| ABT Abbott Laboratories | 0.36% | 498,795 | $56.9M | Reduce -0.8% |
| WFC Wells Fargo & Co. | 0.36% | 999,612 | $56.5M | Reduce -2.6% |
| CAT Caterpillar Inc. | 0.35% | 140,224 | $54.8M | Reduce -3.1% |
| QCOM Qualcomm Inc. | 0.34% | 319,965 | $54.4M | Reduce -1.1% |
| VZ Verizon Communications Inc. | 0.34% | 1,206,896 | $54.2M | Reduce -1.0% |
| PM Philip Morris International | 0.34% | 445,729 | $54.1M | Reduce -1.0% |
| TXN Texas Instruments Inc. | 0.34% | 260,844 | $53.9M | Reduce -1.1% |
| DHR Danaher Corp. | 0.34% | 191,136 | $53.1M | Reduce -6.3% |
| NOW ServiceNow Inc. | 0.33% | 58,778 | $52.6M | Reduce -1.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 522,711 | $50.3M | Reduce -1.7% |
| ISRG Intuitive Surgical Inc. | 0.32% | 101,656 | $49.9M | Reduce -1.1% |
| NEE Nextera Energy Inc. | 0.31% | 589,084 | $49.8M | Reduce -1.0% |
| INTU Intuit Inc. | 0.31% | 80,109 | $49.7M | Reduce -1.3% |
| AMGN Amgen Inc. | 0.31% | 153,705 | $49.5M | Reduce -1.1% |
| AMAT Applied Materials Inc. | 0.30% | 237,313 | $47.9M | Reduce -1.5% |
| SPGI S&P Global Inc. | 0.30% | 91,780 | $47.4M | Reduce -1.1% |
| PFE Pfizer Inc. | 0.30% | 1,624,750 | $47.0M | Reduce -0.8% |
| CMCSA Comcast Corp. Class A | 0.30% | 1,122,146 | $46.9M | Reduce -2.3% |
| RTX RTX Corp. | 0.29% | 381,201 | $46.2M | Reduce -1.1% |
| GS Goldman Sachs Group Inc. | 0.29% | 92,458 | $45.8M | Reduce -1.7% |
| T AT&T Inc. | 0.29% | 2,055,862 | $45.2M | Reduce -0.9% |
| AXP American Express Co. | 0.28% | 165,050 | $44.8M | Reduce -1.2% |
| LOW Lowe's Cos Inc. | 0.28% | 163,386 | $44.3M | Reduce -1.5% |
| UNP Union Pacific Corp. | 0.27% | 174,937 | $43.1M | Reduce -1.0% |
| PGR Progressive Corp. | 0.27% | 167,933 | $42.6M | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 0.26% | 9,716 | $40.9M | Reduce -1.9% |
| UBER Uber Technologies Inc. | 0.26% | 539,205 | $40.5M | Reduce -0.7% |
| BLK BlackRock Finance Inc. | 0.26% | 42,607 | $40.5M | Reduce -1.3% |
| HON Honeywell International Inc. | 0.24% | 186,701 | $38.6M | Reduce -1.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 324,040 | $38.1M | Reduce -1.3% |
| ETN Eaton Corp. PLC | 0.24% | 114,547 | $38.0M | Reduce -1.2% |
| MS Morgan Stanley | 0.23% | 349,479 | $36.4M | Reduce -1.7% |
| LMT Lockheed Martin Corp. | 0.23% | 61,916 | $36.2M | Reduce -1.3% |
| SYK Stryker Corp. | 0.22% | 98,304 | $35.5M | Reduce -0.9% |
| BSX Boston Scientific Corp. | 0.22% | 421,536 | $35.3M | Reduce -1.1% |
| COP Conocophillips | 0.22% | 333,866 | $35.1M | Reduce -2.1% |
| ELV Elevance Health Inc. | 0.22% | 66,639 | $34.7M | Reduce -1.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.22% | 73,934 | $34.4M | Reduce -1.3% |
| C Citigroup Inc. | 0.22% | 546,909 | $34.2M | Reduce -1.5% |
| PLD Prologis Inc. | 0.21% | 265,461 | $33.5M | Reduce -1.0% |
| MDT Medtronic PLC | 0.21% | 367,659 | $33.1M | Reduce -4.5% |
| MU Micron Technology Inc. | 0.21% | 317,931 | $33.0M | Reduce -1.0% |
| ADI Analog Devices Inc. | 0.21% | 142,177 | $32.7M | Reduce -1.1% |
| REGN Regeneron Pharmaceuticals | 0.21% | 31,039 | $32.6M | Reduce -0.8% |
| ADP Automatic Data Processing | 0.20% | 117,327 | $32.5M | Reduce -1.5% |
| CB Chubb Ltd. | 0.20% | 110,607 | $31.9M | Reduce -6.0% |
| PANW Palo Alto Networks Inc. | 0.20% | 92,838 | $31.7M | Reduce -0.9% |
| SBUX Starbucks Corp. | 0.20% | 324,737 | $31.7M | Reduce -1.1% |
| MRSH Marsh & McLennan Cos | 0.20% | 141,507 | $31.6M | Reduce -0.7% |
| BX Blackstone Inc. | 0.20% | 204,906 | $31.4M | Reduce -1.1% |
| DE Deere & Co. | 0.20% | 75,062 | $31.3M | Reduce -2.1% |
| TMUS T-Mobile US Inc. | 0.20% | 151,587 | $31.3M | Reduce -2.1% |
| AMT American Tower Corp. | 0.20% | 133,893 | $31.1M | Reduce -1.1% |
| NKE Nike Inc. Class B | 0.19% | 347,355 | $30.7M | Reduce -1.1% |
| LRCX Lam Research Corp. | 0.19% | 37,439 | $30.6M | Reduce -1.5% |
| FISV Fiserv Inc. | 0.19% | 167,762 | $30.1M | Reduce -2.0% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 581,219 | $30.1M | Reduce -1.1% |
| GILD Gilead Sciences Inc. | 0.19% | 357,193 | $29.9M | Reduce -1.2% |
| KLAC KLA Corp. | 0.19% | 38,534 | $29.8M | Reduce -1.7% |
| ANET Arista Networks Inc. | 0.18% | 76,371 | $29.3M | Reduce -0.9% |
| INTC Intel Corp. | 0.18% | 1,220,013 | $28.6M | Reduce -1.1% |
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -0.7% | 5.51% | −0.59 |
| NVDA Nvidia Corp. | Reduce -2.3% | 5.42% | −0.56 |
| AMZN Amazon.com Inc. | Reduce -0.7% | 3.17% | −0.33 |
| GOOGL Alphabet Inc. Class A | Reduce -1.1% | 1.77% | −0.31 |
| GOOG Alphabet Inc. Class C | Reduce -1.7% | 1.53% | −0.28 |
| LLY Eli Lilly & Co. | Reduce -0.8% | 1.30% | −0.12 |
| QCOM Qualcomm Inc. | Reduce -1.1% | 0.34% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 0.52% | −0.09 |
| LRCX Lam Research Corp. | Reduce -1.5% | 0.19% | −0.08 |
| AMAT Applied Materials Inc. | Reduce -1.5% | 0.30% | −0.08 |
| INTC Intel Corp. | Reduce -1.1% | 0.18% | −0.07 |
| MU Micron Technology Inc. | Reduce -1.0% | 0.21% | −0.07 |
| ADBE Adobe Inc. | Reduce -2.1% | 0.42% | −0.07 |
| CVX Chevron Corp. | Reduce -1.3% | 0.47% | −0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.5% | 0.12% | −0.05 |
| WFC Wells Fargo & Co. | Reduce -2.6% | 0.36% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -1.1% | 0.95% | −0.05 |
| BA The Boeing Co. | Reduce -0.2% | 0.16% | −0.04 |
| INTU Intuit Inc. | Reduce -1.3% | 0.31% | −0.04 |
| BAC Bank of America Corp. | Reduce -2.0% | 0.51% | −0.04 |
| COP Conocophillips | Reduce -2.1% | 0.22% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -0.9% | 0.18% | −0.04 |
| EW Edwards Lifesciences Corp. | Reduce -0.9% | 0.07% | −0.04 |
| DIS The Walt Disney Co. | Reduce -1.7% | 0.32% | −0.04 |
| MRNA Moderna Inc. | Reduce -1.0% | 0.04% | −0.04 |
| SNPS Synopsys Inc. | Reduce -0.7% | 0.14% | −0.04 |
| MCK McKesson Corp. | Reduce -2.4% | 0.12% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.1% | 1.09% | −0.03 |
| CDNS Cadence Design SYS Inc. | Reduce -1.3% | 0.13% | −0.03 |
| ABNB Airbnb Inc. Class A | Reduce -1.2% | 0.10% | −0.03 |
| AMD Advanced Micro Devices | Reduce -1.1% | 0.48% | −0.03 |
| KLAC KLA Corp. | Reduce -1.7% | 0.19% | −0.03 |
| HON Honeywell International Inc. | Reduce -1.3% | 0.24% | −0.03 |
| CMG Chipotle Mexican Grill Inc. | Reduce -2.6% | 0.14% | −0.03 |
| ELV Elevance Health Inc. | Reduce -1.2% | 0.22% | −0.03 |
| WRK Westrock Co. | Sold out | 0.00% | −0.02 |
| DG Dollar General Corp. | Reduce -1.1% | 0.03% | −0.02 |
| NXPI NXP Semiconductors NV | Reduce -1.3% | 0.11% | −0.02 |
| SLB SLB Ltd. | Reduce -0.7% | 0.11% | −0.02 |
| FDX FedEx Corp. | Reduce -1.9% | 0.11% | −0.02 |
| V Visa Inc. Class A | Reduce -1.6% | 0.78% | −0.02 |
| VLO Valero Energy Corp. | Reduce -1.8% | 0.08% | −0.02 |
| F Ford Motor Co. | Reduce -0.6% | 0.07% | −0.02 |
| C Citigroup Inc. | Reduce -1.5% | 0.22% | −0.02 |
| OXY Occidental Petroleum Corp. | Reduce -1.1% | 0.06% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.2% | 0.71% | −0.02 |
| HUM Humana Inc. | Reduce -1.1% | 0.07% | −0.02 |
| MCHP Microchip Technology Inc. | Reduce -1.8% | 0.08% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.3% | 0.22% | −0.02 |
| MPC Marathon Petroleum Corp. | Reduce -3.3% | 0.10% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.11% | +0.11 |
| IWD iShares Russell 1000 Value E | New | 0.08% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | Add +11.2% | 0.14% | +0.05 |
| SW Smurfit Westrock PLC | New | 0.05% | +0.05 |
| WELL Welltower Inc. | Add +4.0% | 0.14% | +0.02 |
| APP AppLovin Corp. Class A | Add +18.5% | 0.05% | +0.02 |
| VST Vistra Corp. | Add +4.2% | 0.07% | +0.02 |
| DASH DoorDash Inc. Class A | Add +6.8% | 0.08% | +0.02 |
| CBRE CBRE Group Inc. Class A | Add +4.7% | 0.07% | +0.02 |
| FICO Fair Isaac Corp. | Add +3.7% | 0.09% | +0.02 |
| URI United Rentals Inc. | Add +3.4% | 0.10% | +0.02 |
| HWM Howmet Aerospace Inc. | Add +4.2% | 0.07% | +0.01 |
| IRM Iron Mountain Inc. | Add +4.3% | 0.06% | +0.01 |
| LEN Lennar Corp. Class A | Add +2.9% | 0.08% | +0.01 |
| RMD Resmed Inc. | Add +4.2% | 0.06% | +0.01 |
| AXON Axon Enterprise Inc. | Add +4.3% | 0.05% | +0.01 |
| NDAQ Nasdaq Inc. | Add +11.9% | 0.06% | +0.01 |
| BLDR Builders Firstsource Inc. | Add +4.4% | 0.04% | +0.01 |
| O Realty Income Corp. | Add +0.0% | 0.10% | +0.01 |
| PHM Pultegroup Inc. | Add +3.4% | 0.05% | +0.01 |
| NVR NVR Inc. | Add +2.3% | 0.06% | +0.01 |
| K Kellanova | Add +4.3% | 0.04% | +0.01 |
| LUMN Lumen Technologies Inc. | Add +3.4% | 0.01% | +0.01 |
| PWR Quanta Services Inc. | Add +4.3% | 0.08% | +0.01 |
| EFX Equifax Inc. | Add +3.8% | 0.07% | +0.01 |
| TRU Transunion | Add +4.3% | 0.04% | +0.01 |
| EIX Edison International | Add +4.3% | 0.06% | +0.01 |
| GWW WW Grainger Inc. | Add +4.1% | 0.08% | +0.01 |
| CVNA Carvana Co. | Add +9.5% | 0.03% | +0.01 |
| WEC WEC Energy Group Inc. | Add +4.4% | 0.05% | +0.01 |
| VTR Ventas Inc. | Add +4.9% | 0.05% | +0.01 |
| EQT Eqt Corp. | Add +40.8% | 0.04% | +0.01 |
| ETR Entergy Corp. | Add +4.4% | 0.05% | +0.01 |
| OKE Oneok Inc. | Add +4.4% | 0.10% | +0.01 |
| EXAS Exact Sciences Corp. | Add +6.0% | 0.02% | +0.01 |
| TTD Trade Desk Inc./the Class A | Add +4.4% | 0.09% | +0.01 |
| ARES Ares Management Corp. Class A | Add +7.5% | 0.05% | +0.01 |
| BBY Best Buy Co. Inc. | Add +10.3% | 0.04% | +0.01 |
| MSTR Strategy Inc. | Add +4.4% | 0.05% | +0.01 |
| HIG Hartford Insurance Group Inc. | Add +3.9% | 0.06% | +0.01 |
| SWK Stanley Black & Decker Inc. | Add +4.3% | 0.03% | +0.01 |
| EBAY eBay Inc. | Add +1.1% | 0.06% | +0.01 |
| MPWR Monolithic Power Systems Inc. | Add +4.3% | 0.08% | +0.01 |
| VICI Vici Properties Inc. | Add +4.3% | 0.06% | +0.01 |
| COO The Cooper Cos Inc. | Add +4.5% | 0.04% | +0.01 |
| ERIE Erie Indemnity Company Class A | Add +4.3% | 0.02% | +0.01 |
| FAST Fastenal Co. | Add +4.3% | 0.07% | +0.01 |
| SBAC SBA Communications Corp. | Add +3.6% | 0.05% | +0.01 |
| PCG P G & E Corp. | Add +4.5% | 0.07% | +0.01 |
| MTB M & T Bank Corp. | Add +4.4% | 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 |