Maryland State Retirement & Pension System
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Maryland State Retirement & Pension System reported 1,535 stock positions worth $5.0 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Apple (AAPL, 3.8%) and Nvidia (NVDA, 3.1%). Compared with Q4 2023, it opened 27 new positions, sold out of 41, added to 257 and reduced 336. The biggest buy was Nvidia (NVDA, shares +1%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001795552
- Portfolio Value
- $5.0B (Q1 2024)
- SEC Filing
- 0001085146-24-001928 ↗ filed Apr 19, 2024
Holdings Value
Holdings 1,535 stocks · $5.0B
| MSFT Microsoft Corp. | 4.76% | 581,784 | $238.9M | Add +0.6% |
| AAPL Apple Inc. | 3.82% | 1,140,265 | $191.8M | Reduce -0.5% |
| NVDA Nvidia Corp. | 3.13% | 185,778 | $156.9M | Add +0.6% |
| AMZN Amazon.com Inc. | 2.53% | 704,441 | $126.7M | Add +0.6% |
| ENB Enbridge Inc. | 1.75% | 2,668,099 | $87.9M | Add +1.8% |
| META Meta Platforms Inc. Class A | 1.68% | 172,981 | $84.3M | Add +0.6% |
| AMT American Tower Corp. | 1.49% | 434,840 | $74.7M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 1.43% | 464,818 | $71.9M | Add +0.6% |
| GOOG Alphabet Inc. Class C | 1.22% | 392,625 | $61.3M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.13% | 143,187 | $56.8M | Add +0.7% |
| LLY Eli Lilly & Co. | 0.98% | 66,151 | $49.3M | Add +0.6% |
| TRP TC Energy Corp. | 0.91% | 1,302,358 | $45.7M | Add +1.8% |
| AVGO Broadcom Inc. | 0.87% | 33,702 | $43.5M | Add +0.7% |
| WMB Williams Cos Inc. | 0.85% | 1,134,141 | $42.5M | Add +1.5% |
| OKE Oneok Inc. | 0.83% | 542,998 | $41.9M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 0.81% | 225,861 | $40.5M | Add +0.6% |
| SRE Sempra | 0.79% | 586,730 | $39.6M | Add +1.5% |
| CCI Crown Castle Inc. | 0.76% | 404,214 | $37.9M | Add +1.4% |
| ET Energy Transfer LP | 0.75% | 2,499,725 | $37.6M | Add +1.6% |
| XOM Exxon Mobil Corp. | 0.73% | 313,043 | $36.7M | Reduce -0.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.72% | 568,263 | $36.0M | No change |
| UNH Unitedhealth Group Inc. | 0.70% | 72,689 | $35.1M | Add +0.7% |
| EPD Enterprise Products Partners | 0.70% | 1,243,275 | $35.0M | Add +1.6% |
| LNG Cheniere Energy Inc. | 0.69% | 222,079 | $34.7M | Add +1.5% |
| V Visa Inc. Class A | 0.68% | 124,753 | $33.9M | Add +0.5% |
| EXC Exelon Corp. | 0.67% | 927,860 | $33.5M | Add +1.5% |
| TSLA Tesla Inc. | 0.67% | 215,902 | $33.5M | Add +0.7% |
| PCG P G & E Corp. | 0.64% | 1,981,380 | $32.3M | Add +1.5% |
| KMI Kinder Morgan Inc. | 0.64% | 1,806,166 | $32.0M | Add +1.7% |
| MA Mastercard Inc. Class A | 0.59% | 64,995 | $29.8M | Add +0.6% |
| PG The Procter & Gamble Co. | 0.57% | 184,259 | $28.8M | Add +0.6% |
| ED Consolidated Edison Inc. | 0.57% | 322,185 | $28.7M | Add +1.7% |
| JNJ Johnson & Johnson | 0.54% | 188,638 | $27.2M | Add +0.6% |
| HD Home Depot Inc. | 0.52% | 78,232 | $26.0M | Add +0.5% |
| MRK Merck & Co. Inc. | 0.49% | 198,948 | $24.8M | Add +0.6% |
| COST Costco Wholesale Corp. | 0.49% | 34,688 | $24.7M | Add +0.6% |
| PBA Pembina Pipeline Corp. | 0.49% | 724,987 | $24.6M | Add +0.6% |
| EIX Edison International | 0.48% | 356,579 | $24.0M | Add +1.5% |
| TRGP Targa Resources Corp. | 0.46% | 207,578 | $23.2M | Add +1.5% |
| ABBV Abbvie Inc. | 0.45% | 138,163 | $22.7M | Add +0.6% |
| FTS Fortis Inc. | 0.44% | 590,047 | $21.9M | Add +0.7% |
| CVX Chevron Corp. | 0.42% | 134,809 | $21.0M | Add +0.6% |
| AWK American Water Works Co. Inc. | 0.41% | 181,232 | $20.7M | Add +1.5% |
| NFLX Netflix Inc. | 0.40% | 33,319 | $20.3M | Reduce -0.9% |
| CRM Salesforce Inc. | 0.40% | 73,185 | $20.2M | Reduce -0.7% |
| WMT Walmart Inc. | 0.40% | 335,533 | $20.0M | Add +0.6% |
| SBAC SBA Communications Corp. | 0.39% | 100,377 | $19.7M | Add +1.5% |
| AMD Advanced Micro Devices | 0.39% | 125,510 | $19.6M | Add +0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 540,085 | $19.0M | Add +0.7% |
| ES Eversource Energy | 0.37% | 325,077 | $18.7M | Add +1.5% |
| PEP Pepsico Inc. | 0.36% | 107,973 | $18.3M | Add +0.7% |
| AMLP Alerian MLP ETF | 0.36% | 399,453 | $18.3M | No change |
| KO The Coca-Cola Co. | 0.35% | 305,216 | $17.8M | Add +0.7% |
| VNQ Vanguard Real Estate ETF | 0.34% | 214,500 | $16.9M | No change |
| LIN Linde PLC | 0.34% | 37,958 | $16.9M | Add +0.7% |
| ADBE Adobe Inc. | 0.33% | 35,353 | $16.7M | Reduce -0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 30,092 | $16.5M | Add +0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 143,390 | $16.2M | Add +0.7% |
| CNP Centerpoint Energy Inc. | 0.32% | 587,496 | $16.2M | Add +1.5% |
| ATO Atmos Energy Corp. | 0.32% | 140,695 | $16.0M | Add +3.4% |
| WFC Wells Fargo & Co. | 0.32% | 282,367 | $16.0M | Reduce -1.2% |
| MCD McDonald's Corp. | 0.30% | 57,065 | $15.3M | Add +0.5% |
| CSCO Cisco Systems Inc. | 0.30% | 318,004 | $15.2M | Add +0.7% |
| ORCL Oracle Corp. | 0.29% | 120,941 | $14.4M | Add +0.7% |
| QCOM Qualcomm Inc. | 0.29% | 87,499 | $14.4M | Add +0.7% |
| ABT Abbott Laboratories | 0.29% | 135,775 | $14.4M | Add +0.7% |
| CAT Caterpillar Inc. | 0.28% | 39,863 | $14.1M | Add +0.2% |
| INTU Intuit Inc. | 0.26% | 21,350 | $13.1M | Add +0.4% |
| VZ Verizon Communications Inc. | 0.26% | 330,240 | $13.1M | Add +0.8% |
| GE General Electric | 0.26% | 85,026 | $13.1M | Add +0.7% |
| AMAT Applied Materials Inc. | 0.26% | 65,408 | $13.0M | Add +0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 71,146 | $12.9M | Add +0.6% |
| DHR Danaher Corp. | 0.24% | 51,479 | $12.3M | Add +0.5% |
| COP Conocophillips | 0.24% | 94,076 | $12.0M | Add +0.7% |
| CMCSA Comcast Corp. Class A | 0.24% | 308,118 | $12.0M | Reduce -0.9% |
| MPLX MPLX LP | 0.24% | 299,401 | $12.0M | Add +1.6% |
| TXN Texas Instruments Inc. | 0.24% | 71,277 | $11.8M | Add +0.8% |
| NOW ServiceNow Inc. | 0.23% | 15,986 | $11.7M | Add +0.8% |
| INTC Intel Corp. | 0.23% | 331,039 | $11.7M | Add +0.8% |
| RTX RTX Corp. | 0.23% | 112,916 | $11.3M | Add +0.6% |
| PFE Pfizer Inc. | 0.22% | 443,470 | $11.3M | Add +0.8% |
| AMGN Amgen Inc. | 0.22% | 41,945 | $11.1M | Add +0.9% |
| UBER Uber Technologies Inc. | 0.22% | 154,520 | $11.0M | Add +0.8% |
| UNP Union Pacific Corp. | 0.22% | 47,862 | $11.0M | Add +0.9% |
| PM Philip Morris International | 0.22% | 121,855 | $11.0M | Add +0.8% |
| NI Nisource Inc. | 0.21% | 384,472 | $10.3M | Add +1.5% |
| LOW Lowe's Cos Inc. | 0.21% | 45,346 | $10.3M | Add +0.6% |
| ISRG Intuitive Surgical Inc. | 0.20% | 27,423 | $10.2M | Add +0.9% |
| SPGI S&P Global Inc. | 0.20% | 24,775 | $10.2M | Reduce -0.8% |
| NEE Nextera Energy Inc. | 0.20% | 161,176 | $10.1M | Add +2.3% |
| MU Micron Technology Inc. | 0.20% | 85,810 | $10.0M | Add +0.8% |
| GS Goldman Sachs Group Inc. | 0.20% | 24,768 | $10.0M | Reduce -0.4% |
| HON Honeywell International Inc. | 0.20% | 52,278 | $9.9M | Add +0.8% |
| AXP American Express Co. | 0.20% | 45,548 | $9.9M | Add +0.8% |
| UBS UBS Group AG-Reg | 0.19% | 345,606 | $9.7M | Add +18.8% |
| ETN Eaton Corp. PLC | 0.19% | 31,267 | $9.6M | Add +0.8% |
| PGR Progressive Corp. | 0.19% | 45,887 | $9.5M | Add +0.8% |
| LRCX Lam Research Corp. | 0.19% | 10,333 | $9.5M | Add +0.8% |
| ELV Elevance Health Inc. | 0.19% | 18,614 | $9.5M | Add +0.9% |
| BKNG Booking Holdings Inc. | 0.19% | 2,739 | $9.4M | Reduce -1.4% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -0.5% | 3.82% | −0.72 |
| ADBE Adobe Inc. | Reduce -0.9% | 0.33% | −0.10 |
| CYTK Cytokinetics Inc. | Sold out | 0.00% | −0.06 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.06 |
| AIT Applied Industrial Tech Inc. | Sold out | 0.00% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -0.9% | 0.24% | −0.04 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.04 |
| NKE Nike Inc. Class B | Reduce -0.3% | 0.17% | −0.03 |
| HUM Humana Inc. | Reduce -1.0% | 0.06% | −0.03 |
| SPGI S&P Global Inc. | Reduce -0.8% | 0.20% | −0.02 |
| SBUX Starbucks Corp. | Reduce -0.5% | 0.15% | −0.02 |
| KRTX Karuna Therapeutics Inc. | Sold out | 0.00% | −0.02 |
| PGTI PGT Innovations Inc. | Sold out | 0.00% | −0.02 |
| SEDG Solaredge Technologies Inc. | Reduce -0.9% | 0.02% | −0.02 |
| MS Morgan Stanley | Reduce -1.9% | 0.16% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -1.4% | 0.19% | −0.01 |
| CPE Callon Petroleum Co. | Sold out | 0.00% | −0.01 |
| TMUS T-Mobile US Inc. | Reduce -6.1% | 0.12% | −0.01 |
| DE Deere & Co. | Reduce -1.9% | 0.16% | −0.01 |
| SPSC SPS Commerce Inc. | Reduce -0.8% | 0.04% | −0.01 |
| DV Doubleverify Holdings Inc. | Reduce -0.6% | 0.04% | −0.01 |
| SRC Spirit Realty Capital Inc. | Sold out | 0.00% | −0.01 |
| CNMD Conmed Corp. | Reduce -0.9% | 0.02% | −0.01 |
| MDRX Veradigm Inc. | Sold out | 0.00% | −0.01 |
| SEE Sealed Air Corp. | Reduce -0.7% | 0.04% | −0.01 |
| MTH Meritage Homes Corp. | Reduce -1.7% | 0.04% | −0.01 |
| DXC DXC Technology Co. | Reduce -5.1% | 0.03% | −0.01 |
| IRBTQ Irobot Corp. | Sold out | 0.00% | −0.01 |
| KSS Kohls Corp. | Reduce -0.7% | 0.02% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -1.8% | 0.15% | −0.01 |
| FN Fabrinet | Reduce -0.8% | 0.04% | −0.01 |
| ACLS Axcelis Technologies Inc. | Reduce -1.0% | 0.02% | −0.01 |
| EXPE Expedia Group Inc. | Reduce -4.8% | 0.03% | −0.01 |
| RPT REALTY | Sold out | 0.00% | −0.01 |
| TJX TJX Companies Inc. | Reduce -0.1% | 0.17% | −0.01 |
| CHS Chico's Fas Inc. | Sold out | 0.00% | −0.01 |
| NWL Newell Brands Inc. | Reduce -0.7% | 0.02% | −0.01 |
| EXTR Extreme Networks Inc. | Reduce -1.4% | 0.01% | −0.01 |
| DHI D.R. Horton Inc. | Reduce -1.9% | 0.07% | −0.01 |
| CNXC Concentrix Corp. | Sold out | 0.00% | −0.01 |
| LGIH Lgi Homes Inc. | Reduce -0.9% | 0.01% | −0.01 |
| DD Dupont DE Nemours Inc. | Reduce -3.7% | 0.05% | −0.01 |
| INDB Independent Bank Corp. | Reduce -3.1% | 0.01% | −0.01 |
| MHO M/I Homes Inc. | Reduce -0.9% | 0.02% | −0.01 |
| MEI Methode Electronics Inc. | Sold out | 0.00% | −0.01 |
| PPBI Pacific Premier Bancorp Inc. | Reduce -0.8% | 0.01% | −0.01 |
| CATY Cathay General Bancorp | Reduce -0.9% | 0.02% | −0.01 |
| ASO Academy Sports & Outdoors Inc. | Reduce -1.4% | 0.03% | −0.01 |
| QDEL Quidelortho Corp. | Sold out | 0.00% | −0.01 |
| GPI Group 1 Automotive Inc. | Reduce -4.8% | 0.03% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +0.6% | 3.13% | +1.24 |
| META Meta Platforms Inc. Class A | Add +0.6% | 1.68% | +0.43 |
| AMZN Amazon.com Inc. | Add +0.6% | 2.53% | +0.34 |
| MSFT Microsoft Corp. | Add +0.6% | 4.76% | +0.28 |
| LLY Eli Lilly & Co. | Add +0.6% | 0.98% | +0.19 |
| CB Chubb Ltd. | New | 0.15% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 1.43% | +0.10 |
| AVGO Broadcom Inc. | Add +0.7% | 0.87% | +0.10 |
| TRGP Targa Resources Corp. | Add +1.5% | 0.46% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 1.22% | +0.09 |
| IWB iShares Russell 1000 ETF | Add +284.2% | 0.12% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.7% | 1.13% | +0.09 |
| IGF iShares Global Infrastructur | Add +302.7% | 0.09% | +0.06 |
| NXPI NXP Semiconductors NV | New | 0.06% | +0.06 |
| OKE Oneok Inc. | Add +1.5% | 0.83% | +0.06 |
| DIS The Walt Disney Co. | Add +0.7% | 0.32% | +0.06 |
| EFV iShares MSCI Eafe Value ETF | Add +167.5% | 0.09% | +0.06 |
| GEV GE Vernova Inc. | New | 0.06% | +0.06 |
| RACE Ferrari NV | New | 0.06% | +0.06 |
| ET Energy Transfer LP | Add +1.6% | 0.75% | +0.05 |
| MRK Merck & Co. Inc. | Add +0.6% | 0.49% | +0.05 |
| MU Micron Technology Inc. | Add +0.8% | 0.20% | +0.05 |
| CNQ Canadian Natural Resources | Add +28.9% | 0.14% | +0.04 |
| WMB Williams Cos Inc. | Add +1.5% | 0.85% | +0.04 |
| AMAT Applied Materials Inc. | Add +0.6% | 0.26% | +0.04 |
| RY Royal Bank of Canada | Add +53.0% | 0.14% | +0.04 |
| PGR Progressive Corp. | Add +0.8% | 0.19% | +0.04 |
| GE General Electric | Add +0.7% | 0.26% | +0.04 |
| CAT Caterpillar Inc. | Add +0.2% | 0.28% | +0.04 |
| WMT Walmart Inc. | Add +0.6% | 0.40% | +0.04 |
| ETN Eaton Corp. PLC | Add +0.8% | 0.19% | +0.04 |
| AL Sumisho Air Lease Corp. | Add +459.7% | 0.04% | +0.04 |
| SU Suncor Energy Inc. | Add +15.8% | 0.15% | +0.04 |
| MGY Magnolia Oil & Gas Corp. Class A | New | 0.03% | +0.03 |
| EPD Enterprise Products Partners | Add +1.6% | 0.70% | +0.03 |
| CVE Cenovus Energy Inc. | Add +10.8% | 0.13% | +0.03 |
| RTX RTX Corp. | Add +0.6% | 0.23% | +0.03 |
| AEM Agnico Eagle Mines Ltd. | Add +9.0% | 0.18% | +0.03 |
| CP Canadian Pacific Kansas City | Add +53.0% | 0.08% | +0.03 |
| EFA iShares MSCI Eafe ETF | Add +94.0% | 0.06% | +0.03 |
| QCOM Qualcomm Inc. | Add +0.7% | 0.29% | +0.03 |
| BOX Box Inc. Class A | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | Add +0.7% | 0.29% | +0.03 |
| MA Mastercard Inc. Class A | Add +0.6% | 0.59% | +0.03 |
| VFC VF Corp. | Add +434.5% | 0.04% | +0.03 |
| CNI Canadian Natl Railway Co. | Add +52.6% | 0.08% | +0.02 |
| UBER Uber Technologies Inc. | Add +0.8% | 0.22% | +0.02 |
| LRCX Lam Research Corp. | Add +0.8% | 0.19% | +0.02 |
| TD Toronto-Dominion Bank | Add +50.8% | 0.11% | +0.02 |
| COST Costco Wholesale Corp. | Add +0.6% | 0.49% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,423 | $5.8B | NVDA, AAPL, MSFT, ENB, AMZN |
| Q1 2026 | 1,352 | $4.9B | NVDA, AAPL, ENB, MSFT, AMZN |
| Q4 2025 | 1,369 | $4.9B | NVDA, AAPL, MSFT, ENB, AMZN |
| Q3 2025 | 1,368 | $4.8B | NVDA, MSFT, AAPL, ENB, AMZN |
| Q2 2025 | 1,488 | $4.6B | NVDA, MSFT, AAPL, ENB, AMZN |
| Q1 2025 | 1,450 | $4.2B | AAPL, ENB, MSFT, NVDA, AMT |
| Q4 2024 | 1,512 | $4.6B | AAPL, NVDA, MSFT, ENB, AMZN |
| Q3 2024 | 1,521 | $4.8B | AAPL, MSFT, NVDA, ENB, AMZN |
| Q2 2024 | 1,547 | $5.4B | MSFT, AAPL, NVDA, AMZN, ENB |
| Q1 2024 | 1,535 | $5.0B | MSFT, AAPL, NVDA, AMZN, ENB |