Maryland State Retirement & Pension System
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 30, 2024), Maryland State Retirement & Pension System reported 1,547 stock positions worth $5.4 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Apple (AAPL, 4.4%) and Nvidia (NVDA, 4.2%). Compared with Q1 2024, it opened 52 new positions, sold out of 40, added to 136 and reduced 670. The biggest buy was a new position in Ferrovial (FER) and the biggest sale an exit from Chubb (CB).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001795552
- Portfolio Value
- $5.4B (Q2 2024)
- SEC Filing
- 0001085146-24-003352 ↗ filed Jul 30, 2024
Holdings Value
Holdings 1,547 stocks · $5.4B
| MSFT Microsoft Corp. | 4.78% | 579,652 | $259.1M | Reduce -0.4% |
| AAPL Apple Inc. | 4.40% | 1,133,236 | $238.7M | Reduce -0.6% |
| NVDA Nvidia Corp. | 4.22% | 1,853,967 | $229.0M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 2.58% | 724,186 | $139.9M | Add +2.8% |
| ENB Enbridge Inc. | 1.78% | 2,707,761 | $96.3M | Add +1.5% |
| META Meta Platforms Inc. Class A | 1.59% | 170,807 | $86.1M | Reduce -1.3% |
| AMT American Tower Corp. | 1.55% | 432,710 | $84.1M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 1.54% | 458,214 | $83.5M | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 1.30% | 383,963 | $70.4M | Reduce -2.2% |
| LLY Eli Lilly & Co. | 1.11% | 66,311 | $60.0M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.07% | 142,688 | $58.0M | Reduce -0.3% |
| AVGO Broadcom Inc. | 1.05% | 35,447 | $56.9M | Add +5.2% |
| TRP TC Energy Corp. | 0.92% | 1,321,466 | $50.1M | Add +1.5% |
| WMB Williams Cos Inc. | 0.88% | 1,128,701 | $48.0M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 0.83% | 223,424 | $45.2M | Reduce -1.1% |
| SRE Sempra | 0.82% | 585,911 | $44.6M | Reduce -0.1% |
| OKE Oneok Inc. | 0.81% | 540,406 | $44.1M | Reduce -0.5% |
| TSLA Tesla Inc. | 0.79% | 216,658 | $42.9M | Add +0.3% |
| ET Energy Transfer LP | 0.74% | 2,487,284 | $40.3M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.74% | 349,852 | $40.3M | Add +11.8% |
| CCI Crown Castle Inc. | 0.72% | 402,300 | $39.3M | Reduce -0.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.71% | 568,263 | $38.7M | No change |
| LNG Cheniere Energy Inc. | 0.68% | 212,093 | $37.1M | Reduce -4.5% |
| UNH Unitedhealth Group Inc. | 0.67% | 71,690 | $36.5M | Reduce -1.4% |
| EPD Enterprise Products Partners | 0.66% | 1,234,297 | $35.8M | Reduce -0.7% |
| KMI Kinder Morgan Inc. | 0.66% | 1,791,975 | $35.6M | Reduce -0.8% |
| PCG P G & E Corp. | 0.64% | 1,979,516 | $34.6M | Reduce -0.1% |
| V Visa Inc. Class A | 0.59% | 122,821 | $32.2M | Reduce -1.6% |
| EXC Exelon Corp. | 0.59% | 925,735 | $32.0M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.56% | 184,259 | $30.4M | No change |
| COST Costco Wholesale Corp. | 0.54% | 34,560 | $29.4M | Reduce -0.4% |
| ED Consolidated Edison Inc. | 0.53% | 320,620 | $28.7M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 0.52% | 64,419 | $28.4M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.51% | 188,048 | $27.5M | Reduce -0.3% |
| HD Home Depot Inc. | 0.49% | 77,323 | $26.6M | Reduce -1.2% |
| TRGP Targa Resources Corp. | 0.49% | 205,162 | $26.4M | Reduce -1.2% |
| PBA Pembina Pipeline Corp. | 0.48% | 704,451 | $26.1M | Reduce -2.8% |
| EIX Edison International | 0.47% | 355,265 | $25.5M | Reduce -0.4% |
| MRK Merck & Co. Inc. | 0.45% | 197,667 | $24.5M | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.44% | 138,163 | $23.7M | No change |
| FER Ferrovial NV | 0.44% | 609,843 | $23.7M | New |
| FTS Fortis Inc. | 0.43% | 599,339 | $23.3M | Add +1.6% |
| AWK American Water Works Co. Inc. | 0.43% | 180,155 | $23.3M | Reduce -0.6% |
| WMT Walmart Inc. | 0.42% | 338,336 | $22.9M | Add +0.8% |
| NFLX Netflix Inc. | 0.41% | 33,319 | $22.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.39% | 529,055 | $21.0M | Reduce -2.0% |
| CVX Chevron Corp. | 0.39% | 134,308 | $21.0M | Reduce -0.4% |
| AMD Advanced Micro Devices | 0.38% | 125,510 | $20.4M | No change |
| SBAC SBA Communications Corp. | 0.36% | 99,348 | $19.5M | Reduce -1.0% |
| ADBE Adobe Inc. | 0.36% | 34,920 | $19.4M | Reduce -1.2% |
| KO The Coca-Cola Co. | 0.36% | 302,620 | $19.3M | Reduce -0.8% |
| AMLP Alerian MLP ETF | 0.35% | 399,453 | $19.2M | No change |
| CRM Salesforce Inc. | 0.35% | 73,185 | $18.8M | No change |
| ES Eversource Energy | 0.34% | 325,450 | $18.5M | Add +0.1% |
| CNP Centerpoint Energy Inc. | 0.34% | 590,892 | $18.3M | Add +0.6% |
| VNQ Vanguard Real Estate ETF | 0.33% | 214,500 | $18.0M | No change |
| PEP Pepsico Inc. | 0.33% | 107,171 | $17.7M | Reduce -0.7% |
| QCOM Qualcomm Inc. | 0.32% | 87,051 | $17.3M | Reduce -0.5% |
| ORCL Oracle Corp. | 0.32% | 122,442 | $17.3M | Add +1.2% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 29,769 | $16.5M | Reduce -1.1% |
| LIN Linde PLC | 0.30% | 37,454 | $16.4M | Reduce -1.3% |
| ATO Atmos Energy Corp. | 0.30% | 139,815 | $16.3M | Reduce -0.6% |
| WFC Wells Fargo & Co. | 0.30% | 273,152 | $16.2M | Reduce -3.3% |
| AMAT Applied Materials Inc. | 0.28% | 64,854 | $15.3M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 0.28% | 316,073 | $15.0M | Reduce -0.6% |
| MCD McDonald's Corp. | 0.26% | 56,168 | $14.3M | Reduce -1.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 143,390 | $14.2M | No change |
| INTU Intuit Inc. | 0.26% | 21,350 | $14.0M | No change |
| ABT Abbott Laboratories | 0.26% | 134,833 | $14.0M | Reduce -0.7% |
| TXN Texas Instruments Inc. | 0.25% | 70,953 | $13.8M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 0.25% | 328,499 | $13.5M | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 0.25% | 85,026 | $13.5M | No change |
| AMGN Amgen Inc. | 0.24% | 41,945 | $13.1M | No change |
| DHR Danaher Corp. | 0.24% | 51,479 | $12.9M | No change |
| MPLX MPLX LP | 0.24% | 301,730 | $12.9M | Add +0.8% |
| CAT Caterpillar Inc. | 0.23% | 38,115 | $12.7M | Reduce -4.4% |
| NOW ServiceNow Inc. | 0.23% | 15,986 | $12.6M | No change |
| PFE Pfizer Inc. | 0.23% | 443,470 | $12.4M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 71,512 | $12.4M | Add +0.5% |
| PM Philip Morris International | 0.23% | 121,181 | $12.3M | Reduce -0.6% |
| ISRG Intuitive Surgical Inc. | 0.22% | 27,423 | $12.2M | No change |
| NI Nisource Inc. | 0.22% | 415,259 | $12.0M | Add +8.0% |
| CMCSA Comcast Corp. Class A | 0.22% | 303,364 | $11.9M | Reduce -1.5% |
| UBER Uber Technologies Inc. | 0.21% | 156,621 | $11.4M | Add +1.4% |
| NEE Nextera Energy Inc. | 0.21% | 160,285 | $11.3M | Reduce -0.6% |
| MU Micron Technology Inc. | 0.21% | 85,810 | $11.3M | No change |
| GS Goldman Sachs Group Inc. | 0.20% | 24,582 | $11.1M | Reduce -0.8% |
| SPGI S&P Global Inc. | 0.20% | 24,395 | $10.9M | Reduce -1.5% |
| HON Honeywell International Inc. | 0.20% | 50,796 | $10.8M | Reduce -2.8% |
| LRCX Lam Research Corp. | 0.20% | 10,181 | $10.8M | Reduce -1.5% |
| UNP Union Pacific Corp. | 0.20% | 47,554 | $10.8M | Reduce -0.6% |
| T AT&T Inc. | 0.20% | 562,151 | $10.7M | No change |
| BKNG Booking Holdings Inc. | 0.19% | 2,656 | $10.5M | Reduce -3.0% |
| COP Conocophillips | 0.19% | 91,339 | $10.4M | Reduce -2.9% |
| RTX RTX Corp. | 0.19% | 103,653 | $10.4M | Reduce -8.2% |
| INTC Intel Corp. | 0.19% | 331,039 | $10.3M | No change |
| AXP American Express Co. | 0.19% | 44,256 | $10.2M | Reduce -2.8% |
| LOW Lowe's Cos Inc. | 0.18% | 44,633 | $9.8M | Reduce -1.6% |
| ELV Elevance Health Inc. | 0.18% | 18,125 | $9.8M | Reduce -2.6% |
| ETN Eaton Corp. PLC | 0.18% | 31,267 | $9.8M | No change |
Portfolio Sells Q1 2024 → Q2 2024
| CB Chubb Ltd. | Sold out | 0.00% | −0.15 |
| DSGX The Descartes Systems Grp | Sold out | 0.00% | −0.10 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -1.3% | 1.59% | −0.09 |
| IWB iShares Russell 1000 ETF | Reduce -70.3% | 0.04% | −0.08 |
| V Visa Inc. Class A | Reduce -1.6% | 0.59% | −0.08 |
| CM Can Imperial BK of Commerce | Reduce -41.1% | 0.10% | −0.08 |
| EXC Exelon Corp. | Reduce -0.2% | 0.59% | −0.08 |
| EFV iShares MSCI Eafe Value ETF | Reduce -74.3% | 0.02% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -0.9% | 0.52% | −0.07 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 1.07% | −0.06 |
| SLF Sun Life Financial Inc. | Reduce -62.1% | 0.03% | −0.06 |
| RACE Ferrari NV | Sold out | 0.00% | −0.06 |
| AEM Agnico Eagle Mines Ltd. | Reduce -26.7% | 0.13% | −0.05 |
| COP Conocophillips | Reduce -2.9% | 0.19% | −0.05 |
| CAT Caterpillar Inc. | Reduce -4.4% | 0.23% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -0.6% | 0.45% | −0.04 |
| ED Consolidated Edison Inc. | Reduce -0.5% | 0.53% | −0.04 |
| NS Nustar Energy LP | Sold out | 0.00% | −0.04 |
| MCD McDonald's Corp. | Reduce -1.6% | 0.26% | −0.04 |
| CVE Cenovus Energy Inc. | Reduce -20.3% | 0.09% | −0.04 |
| PEP Pepsico Inc. | Reduce -0.7% | 0.33% | −0.04 |
| EPD Enterprise Products Partners | Reduce -0.7% | 0.66% | −0.04 |
| ICLR Icon PLC | Sold out | 0.00% | −0.04 |
| ICL Icl Group Ltd. | Sold out | 0.00% | −0.04 |
| JNJ Johnson & Johnson | Reduce -0.3% | 0.51% | −0.04 |
| LIN Linde PLC | Reduce -1.3% | 0.30% | −0.03 |
| RTX RTX Corp. | Reduce -8.2% | 0.19% | −0.03 |
| AAON Aaon Inc. | Reduce -78.1% | 0.01% | −0.03 |
| SBAC SBA Communications Corp. | Reduce -1.0% | 0.36% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.1% | 0.12% | −0.03 |
| CVX Chevron Corp. | Reduce -0.4% | 0.39% | −0.03 |
| CCI Crown Castle Inc. | Reduce -0.5% | 0.72% | −0.03 |
| CVS CVS Health Corp. | Reduce -2.2% | 0.11% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.7% | 0.26% | −0.03 |
| MPC Marathon Petroleum Corp. | Reduce -4.9% | 0.09% | −0.03 |
| HD Home Depot Inc. | Reduce -1.2% | 0.49% | −0.03 |
| M D C HLDGS INC | Sold out | 0.00% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.67% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -0.6% | 0.28% | −0.03 |
| UBS UBS Group AG-Reg | Reduce -10.2% | 0.17% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.1% | 0.30% | −0.03 |
| AEL American National Group Inc. | Sold out | 0.00% | −0.02 |
| MGA Magna International Inc. | Reduce -22.6% | 0.04% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -1.6% | 0.18% | −0.02 |
| IMO Imperial Oil Ltd. | Reduce -18.4% | 0.07% | −0.02 |
| CI The Cigna Group | Reduce -3.1% | 0.13% | −0.02 |
| OKE Oneok Inc. | Reduce -0.5% | 0.81% | −0.02 |
| PSX Phillips 66 | Reduce -4.7% | 0.09% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| FER Ferrovial NV | New | 0.44% | +0.44 |
| AVGO Broadcom Inc. | Add +5.2% | 1.05% | +0.18 |
| LLY Eli Lilly & Co. | Add +0.2% | 1.11% | +0.12 |
| TSLA Tesla Inc. | Add +0.3% | 0.79% | +0.12 |
| GIB Cgi Inc. | New | 0.12% | +0.12 |
| CRH CRH PLC | New | 0.07% | +0.07 |
| SHOP Shopify Inc. Class A | Add +105.6% | 0.15% | +0.07 |
| SMCI Super Micro Computer Inc. | New | 0.06% | +0.06 |
| AMZN Amazon.com Inc. | Add +2.8% | 2.58% | +0.05 |
| DELL Dell Technologies -C | New | 0.05% | +0.05 |
| TD Toronto-Dominion Bank | Add +61.8% | 0.16% | +0.05 |
| CMA Comerica Inc. | Add +436.6% | 0.05% | +0.04 |
| RHI Robert Half Inc. | Add +449.1% | 0.05% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +66.1% | 0.10% | +0.04 |
| B Barrick Gold Corp. | Add +44.1% | 0.14% | +0.04 |
| MARA Mara Holdings Inc. | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | Add +1.2% | 0.32% | +0.03 |
| MSTR Strategy Inc. | New | 0.03% | +0.03 |
| ANET Arista Networks Inc. | Add +2.9% | 0.13% | +0.03 |
| TDW Tidewater Inc. | New | 0.03% | +0.03 |
| NTR Nutrien Ltd. | Add +71.7% | 0.08% | +0.03 |
| KRYS Krystal Biotech Inc. | New | 0.03% | +0.03 |
| MFC Manulife Financial Corp. | Add +19.4% | 0.10% | +0.02 |
| WMT Walmart Inc. | Add +0.8% | 0.42% | +0.02 |
| ENB Enbridge Inc. | Add +1.5% | 1.78% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +2.4% | 0.12% | +0.02 |
| WHD Cactus Inc. Class A | New | 0.02% | +0.02 |
| RY Royal Bank of Canada | Add +12.5% | 0.16% | +0.02 |
| PPLI People Inc. | Add +424.7% | 0.03% | +0.02 |
| WELL Welltower Inc. | Add +21.6% | 0.09% | +0.02 |
| CVNA Carvana Co. | New | 0.02% | +0.02 |
| PENN Penn Entertainment Inc. | Add +425.8% | 0.02% | +0.02 |
| GO Grocery Outlet Holding Corp. | New | 0.02% | +0.02 |
| ELF Elf Beauty Inc. | New | 0.02% | +0.02 |
| VIRT Virtu Financial Inc. Class A | New | 0.02% | +0.02 |
| IJR iShares Core S&P Small-Cap E | New | 0.02% | +0.02 |
| ONTO Onto Innovation Inc. | New | 0.02% | +0.02 |
| FIX Comfort Systems USA Inc. | New | 0.02% | +0.02 |
| STEP Stepstone Group Inc. Class A | New | 0.02% | +0.02 |
| CHRD Chord Energy Corp. | New | 0.01% | +0.01 |
| CNP Centerpoint Energy Inc. | Add +0.6% | 0.34% | +0.01 |
| NI Nisource Inc. | Add +8.0% | 0.22% | +0.01 |
| PR Permian Resources Corp. Class A | New | 0.01% | +0.01 |
| WERN Werner Enterprises Inc. | New | 0.01% | +0.01 |
| APH Amphenol Corp. Class A | Add +1.4% | 0.11% | +0.01 |
| TRP TC Energy Corp. | Add +1.5% | 0.92% | +0.01 |
| LNWO Light & Wonder Inc. | New | 0.01% | +0.01 |
| IART Integra Lifesciences Holding | New | 0.01% | +0.01 |
| APG Api Group Corp. | New | 0.01% | +0.01 |
| CNS Cohen & Steers Inc. | New | 0.01% | +0.01 |
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 |