Arizona State Retirement System Q4 2025 Filing
Filed January 28, 2026
Portfolio Value
$18.4B
Holdings
2,048
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (2,048 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | NVDANVIDIA CORPORATION | 6,905,742 | $1.3T | 7006.18% | |
| 2 | AAPLAPPLE INC | 4,194,593 | $1.1T | 6203.37% | |
| 3 | MSFTMICROSOFT CORP | 1,993,631 | $964.2B | 5244.95% | |
| 4 | AMZNAMAZON COM INC | 2,708,304 | $625.1B | 3400.66% | |
| 5 | GOOGLALPHABET INC | 1,646,513 | $515.4B | 2803.51% | |
| 6 | AVGOBROADCOM INC | 1,265,651 | $438.0B | 2382.91% | |
| 7 | GOOGALPHABET INC | 1,375,984 | $431.8B | 2348.86% | |
| 8 | METAMETA PLATFORMS INC | 615,238 | $406.1B | 2209.22% | |
| 9 | TSLATESLA INC | 795,441 | $357.7B | 1946.00% | |
| 10 | JPMJPMORGAN CHASE & CO. | 769,098 | $247.8B | 1348.11% | |
| 11 | LLYELI LILLY & CO | 228,869 | $246.0B | 1338.00% | |
| 12 | BRK/BBERKSHIRE HATHAWAY INC DEL | 388,841 | $195.4B | 1063.23% | |
| 13 | VVISA INC | 485,236 | $170.2B | 925.75% | |
| 14 | XOMEXXON MOBIL CORP | 1,207,146 | $145.3B | 790.24% | |
| 15 | JNJJOHNSON & JOHNSON | 679,300 | $140.6B | 764.75% | |
| 16 | MAMASTERCARD INCORPORATED | 243,464 | $139.0B | 756.08% | |
| 17 | WMTWALMART INC | 1,228,207 | $136.8B | 744.37% | |
| 18 | PLTRPALANTIR TECHNOLOGIES INC | 640,375 | $113.8B | 619.20% | |
| 19 | ABBVABBVIE INC | 496,417 | $113.4B | 617.03% | |
| 20 | NFLXNETFLIX INC | 1,187,920 | $111.4B | 605.89% | |
| 21 | COSTCOSTCO WHSL CORP NEW | 126,417 | $109.0B | 593.03% | |
| 22 | BACBANK AMERICA CORP | 1,977,535 | $108.8B | 591.67% | |
| 23 | AMDADVANCED MICRO DEVICES INC | 460,531 | $98.6B | 536.52% | |
| 24 | HDHOME DEPOT INC | 283,002 | $97.4B | 529.74% | |
| 25 | PGPROCTER AND GAMBLE CO | 667,023 | $95.6B | 520.01% | |
| 26 | ORCLORACLE CORP | 479,853 | $93.5B | 508.78% | |
| 27 | GEGE AEROSPACE | 298,164 | $91.8B | 499.62% | |
| 28 | MUMICRON TECHNOLOGY INC | 318,004 | $90.8B | 493.73% | |
| 29 | CSCOCISCO SYS INC | 1,129,159 | $87.0B | 473.16% | |
| 30 | UNHUNITEDHEALTH GROUP INC | 255,224 | $84.3B | 458.32% | |
| 31 | WFCWELLS FARGO CO NEW | 900,959 | $84.0B | 456.78% | |
| 32 | CVXCHEVRON CORP NEW | 550,056 | $83.8B | 456.05% | |
| 33 | KOCOCA COLA CO | 1,166,603 | $81.6B | 443.66% | |
| 34 | IBMINTERNATIONAL BUSINESS MACHS | 262,932 | $77.9B | 423.68% | |
| 35 | CATCATERPILLAR INC | 132,423 | $75.9B | 412.68% | |
| 36 | GSGOLDMAN SACHS GROUP INC | 84,678 | $74.4B | 404.90% | |
| 37 | MRKMERCK & CO INC | 702,282 | $73.9B | 402.13% | |
| 38 | CRMSALESFORCE INC | 268,679 | $71.2B | 387.19% | |
| 39 | 4I1PHILIP MORRIS INTL INC | 439,866 | $70.6B | 383.81% | |
| 40 | RTXRTX CORPORATION | 380,394 | $69.8B | 379.51% | |
| 41 | ABTABBOTT LABS | 494,902 | $62.0B | 337.31% | |
| 42 | TMOTHERMO FISHER SCIENTIFIC INC | 106,998 | $62.0B | 337.27% | |
| 43 | MCDMCDONALDS CORP | 200,268 | $61.2B | 332.96% | |
| 44 | LRCXLAM RESEARCH CORP | 357,563 | $61.2B | 332.96% | |
| 45 | TRVCCITIGROUP INC | 520,467 | $60.7B | 330.38% | |
| 46 | DWDMORGAN STANLEY | 336,232 | $59.7B | 324.71% | |
| 47 | AMATAPPLIED MATLS INC | 226,438 | $58.2B | 316.56% | |
| 48 | AXPAMERICAN EXPRESS CO | 156,070 | $57.7B | 314.09% | |
| 49 | DISDISNEY WALT CO | 507,136 | $57.7B | 313.86% | |
| 50 | ISRGINTUITIVE SURGICAL INC | 101,868 | $57.7B | 313.85% | |
| 51 | LINLINDE PLC | 133,700 | $57.0B | 310.12% | |
| 52 | PEPPEPSICO INC | 384,202 | $55.1B | 299.96% | |
| 53 | INTUINTUIT | 78,730 | $52.2B | 283.70% | |
| 54 | QCOMQUALCOMM INC | 300,937 | $51.5B | 280.02% | |
| 55 | TAT&T INC | 2,040,155 | $50.7B | 275.68% | |
| 56 | GEVGE VERNOVA INC | 76,880 | $50.2B | 273.33% | |
| 57 | AMGNAMGEN INC | 151,395 | $49.6B | 269.56% | |
| 58 | SCHWSCHWAB CHARLES CORP | 492,113 | $49.2B | 267.46% | |
| 59 | TJXTJX COS INC NEW | 319,560 | $49.1B | 267.03% | |
| 60 | BKNGBOOKING HOLDINGS INC | 9,118 | $48.8B | 265.63% | |
| 61 | BACVERIZON COMMUNICATIONS INC | 1,191,291 | $48.5B | 263.95% | |
| 62 | BABOEING CO | 219,577 | $47.7B | 259.34% | |
| 63 | NEENEXTERA ENERGY INC | 588,634 | $47.3B | 257.06% | |
| 64 | ACNACCENTURE PLC IRELAND | 175,311 | $47.0B | 255.87% | |
| 65 | INTCINTEL CORP | 1,273,875 | $47.0B | 255.70% | |
| 66 | APHAMPHENOL CORP NEW | 347,038 | $46.9B | 255.12% | |
| 67 | SPGIS&P GLOBAL INC | 88,703 | $46.4B | 252.17% | |
| 68 | UBERUBER TECHNOLOGIES INC | 562,268 | $45.9B | 249.92% | |
| 69 | NOWSERVICENOW INC | 292,807 | $44.9B | 244.01% | |
| 70 | KLACKLA CORP | 36,848 | $44.8B | 243.56% | |
| 71 | TXNTEXAS INSTRS INC | 256,584 | $44.5B | 242.15% | |
| 72 | BLKBLACKROCK INC | 41,588 | $44.5B | 242.15% | |
| 73 | APPAPPLOVIN CORP | 65,104 | $43.9B | 238.64% | |
| 74 | COFCAPITAL ONE FINL CORP | 180,862 | $43.8B | 238.45% | |
| 75 | GILDGILEAD SCIENCES INC | 351,709 | $43.2B | 234.83% | |
| 76 | DHRDANAHER CORPORATION | 181,341 | $41.5B | 225.82% | |
| 77 | ADBEADOBE INC | 118,419 | $41.4B | 225.46% | |
| 78 | BSXBOSTON SCIENTIFIC CORP | 420,931 | $40.1B | 218.33% | |
| 79 | PFEPFIZER INC | 1,599,728 | $39.8B | 216.69% | |
| 80 | ANETARISTA NETWORKS INC | 303,115 | $39.7B | 216.06% | |
| 81 | UNPUNION PAC CORP | 169,921 | $39.3B | 213.82% | |
| 82 | LOWLOWES COS INC | 157,973 | $38.1B | 207.24% | |
| 83 | ADIANALOG DEVICES INC | 138,965 | $37.7B | 205.01% | |
| 84 | PGRPROGRESSIVE CORP | 164,244 | $37.4B | 203.46% | |
| 85 | WELLWELLTOWER INC | 192,892 | $35.8B | 194.76% | |
| 86 | HONHONEYWELL INTL INC | 181,609 | $35.4B | 192.74% | |
| 87 | PANWPALO ALTO NETWORKS INC | 190,704 | $35.1B | 191.09% | |
| 88 | ETNEATON CORP PLC | 110,034 | $35.0B | 190.65% | |
| 89 | MDTMEDTRONIC PLC | 361,379 | $34.7B | 188.84% | |
| 90 | SYKSTRYKER CORPORATION | 97,835 | $34.4B | 187.06% | |
| 91 | DEDEERE & CO | 72,230 | $33.6B | 182.93% | |
| 92 | CBCHUBB LIMITED | 107,071 | $33.4B | 181.80% | |
| 93 | PLDPROLOGIS INC. | 261,441 | $33.4B | 181.56% | |
| 94 | CRWDCROWDSTRIKE HLDGS INC | 70,826 | $33.2B | 180.61% | |
| 95 | COPCONOCOPHILLIPS | 351,399 | $32.9B | 178.94% | |
| 96 | VRTXVERTEX PHARMACEUTICALS INC | 72,293 | $32.8B | 178.29% | |
| 97 | BXBLACKSTONE INC | 206,393 | $31.8B | 173.06% | |
| 98 | PHPARKER-HANNIFIN CORP | 35,863 | $31.5B | 171.48% | |
| 99 | CEGCONSTELLATION ENERGY CORP | 88,233 | $31.2B | 169.56% | |
| 100 | CMCSACOMCAST CORP NEW | 1,037,999 | $31.0B | 168.77% |
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