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 |
|---|---|---|---|---|---|
| 101 | BMYBRISTOL-MYERS SQUIBB CO | 572,362 | $30.9B | 167.95% | |
| 102 | NEMNEWMONT CORP | 307,282 | $30.7B | 166.91% | |
| 103 | ADPAUTOMATIC DATA PROCESSING IN | 114,052 | $29.3B | 159.59% | |
| 104 | MCKMCKESSON CORP | 35,293 | $28.9B | 157.49% | |
| 105 | TMUST-MOBILE US INC | 141,996 | $28.8B | 156.83% | |
| 106 | LMTLOCKHEED MARTIN CORP | 59,309 | $28.7B | 156.04% | |
| 107 | CVSCVS HEALTH CORP | 355,312 | $28.2B | 153.39% | |
| 108 | CMECME GROUP INC | 101,238 | $27.6B | 150.39% | |
| 109 | MOALTRIA GROUP INC | 474,626 | $27.4B | 148.87% | |
| 110 | SOSOUTHERN CO | 309,715 | $27.0B | 146.92% | |
| 111 | SBUXSTARBUCKS CORP | 320,259 | $27.0B | 146.71% | |
| 112 | ICEINTERCONTINENTAL EXCHANGE IN | 161,270 | $26.1B | 142.09% | |
| 113 | MLB1MERCADOLIBRE INC | 12,886 | $26.0B | 141.19% | |
| 114 | MRSHMARSH & MCLENNAN COS INC | 138,852 | $25.8B | 140.13% | |
| 115 | DUKDUKE ENERGY CORP NEW | 219,098 | $25.7B | 139.70% | |
| 116 | WMWASTE MGMT INC DEL | 113,609 | $25.0B | 135.79% | |
| 117 | SNPSSYNOPSYS INC | 52,297 | $24.6B | 133.63% | |
| 118 | TTTRANE TECHNOLOGIES PLC | 62,465 | $24.3B | 132.25% | |
| 119 | DASHDOORDASH INC | 106,716 | $24.2B | 131.48% | |
| 120 | MMM3M CO | 150,072 | $24.0B | 130.70% | |
| 121 | CDNSCADENCE DESIGN SYSTEM INC | 76,861 | $24.0B | 130.69% | |
| 122 | RHCRH PLC | 189,463 | $23.6B | 128.62% | |
| 123 | HOODROBINHOOD MKTS INC | 207,061 | $23.4B | 127.39% | |
| 124 | USBUS BANCORP DEL | 436,745 | $23.3B | 126.77% | |
| 125 | MCOMOODYS CORP | 45,443 | $23.2B | 126.28% | |
| 126 | AMTAMERICAN TOWER CORP NEW | 131,825 | $23.1B | 125.90% | |
| 127 | PNCPNC FINL SVCS GROUP INC | 110,670 | $23.1B | 125.66% | |
| 128 | BKBANK NEW YORK MELLON CORP | 198,043 | $23.0B | 125.06% | |
| 129 | REGNREGENERON PHARMACEUTICALS | 29,232 | $22.6B | 122.74% | |
| 130 | KKRKKR & CO INC | 175,121 | $22.3B | 121.44% | |
| 131 | HWMHOWMET AEROSPACE INC | 108,602 | $22.3B | 121.12% | |
| 132 | ELVELEVANCE HEALTH INC FORMERLY | 63,285 | $22.2B | 120.68% | |
| 133 | JCIJOHNSON CTLS INTL PLC | 183,041 | $21.9B | 119.24% | |
| 134 | NOCNORTHROP GRUMMAN CORP | 38,353 | $21.9B | 118.97% | |
| 135 | ORLYOREILLY AUTOMOTIVE INC | 239,718 | $21.9B | 118.94% | |
| 136 | GDGENERAL DYNAMICS CORP | 64,689 | $21.8B | 118.47% | |
| 137 | GMGENERAL MTRS CO | 267,355 | $21.7B | 118.27% | |
| 138 | SHWSHERWIN WILLIAMS CO | 67,011 | $21.7B | 118.12% | |
| 139 | HCAHCA HEALTHCARE INC | 46,138 | $21.5B | 117.17% | |
| 140 | NKENIKE INC | 333,600 | $21.3B | 115.61% | |
| 141 | EQIXEQUINIX INC | 27,575 | $21.1B | 114.92% | |
| 142 | T7DTRANSDIGM GROUP INC | 15,863 | $21.1B | 114.76% | |
| 143 | EMREMERSON ELEC CO | 158,488 | $21.0B | 114.42% | |
| 144 | WMBWILLIAMS COS INC | 344,583 | $20.7B | 112.67% | |
| 145 | MRVLMARVELL TECHNOLOGY INC | 243,646 | $20.7B | 112.63% | |
| 146 | CITHE CIGNA GROUP | 75,083 | $20.7B | 112.42% | |
| 147 | UPSUNITED PARCEL SERVICE INC | 206,639 | $20.5B | 111.50% | |
| 148 | FCXFREEPORT-MCMORAN INC | 403,231 | $20.5B | 111.41% | |
| 149 | AONAON PLC | 57,655 | $20.3B | 110.68% | |
| 150 | RCLROYAL CARIBBEAN GROUP | 72,559 | $20.2B | 110.09% | |
| 151 | MARMARRIOTT INTL INC NEW | 65,176 | $20.2B | 110.00% | |
| 152 | GLWCORNING INC | 229,348 | $20.1B | 109.24% | |
| 153 | SNOWSNOWFLAKE INC | 91,054 | $20.0B | 108.65% | |
| 154 | CMICUMMINS INC | 38,871 | $19.8B | 107.93% | |
| 155 | MDLZMONDELEZ INTL INC | 365,312 | $19.7B | 106.97% | |
| 156 | ITWILLINOIS TOOL WKS INC | 78,106 | $19.2B | 104.65% | |
| 157 | CITCINTAS CORP | 101,857 | $19.2B | 104.21% | |
| 158 | HLTHILTON WORLDWIDE HLDGS INC | 66,225 | $19.0B | 103.48% | |
| 159 | CSXCSX CORP | 524,316 | $19.0B | 103.39% | |
| 160 | ECLECOLAB INC | 72,358 | $19.0B | 103.33% | |
| 161 | TELTE CONNECTIVITY PLC | 83,083 | $18.9B | 102.83% | |
| 162 | AJGGALLAGHER ARTHUR J & CO | 72,211 | $18.7B | 101.66% | |
| 163 | WBDWARNER BROS DISCOVERY INC | 645,236 | $18.6B | 101.16% | |
| 164 | TRVTRAVELERS COMPANIES INC | 63,509 | $18.4B | 100.21% | |
| 165 | NSCNORFOLK SOUTHN CORP | 63,247 | $18.3B | 99.33% | |
| 166 | FDXFEDEX CORP | 62,994 | $18.2B | 98.98% | |
| 167 | MSIMOTOROLA SOLUTIONS INC | 47,310 | $18.1B | 98.65% | |
| 168 | TFCTRUIST FINL CORP | 362,796 | $17.9B | 97.12% | |
| 169 | ADSKAUTODESK INC | 60,226 | $17.8B | 96.98% | |
| 170 | APOAPOLLO GLOBAL MGMT INC | 122,989 | $17.8B | 96.85% | |
| 171 | ABGCENCORA INC | 51,841 | $17.5B | 95.25% | |
| 172 | AEPAMERICAN ELEC PWR CO INC | 150,758 | $17.4B | 94.56% | |
| 173 | PWRQUANTA SVCS INC | 40,926 | $17.3B | 93.96% | |
| 174 | NETCLOUDFLARE INC | 87,495 | $17.2B | 93.83% | |
| 175 | CLCOLGATE PALMOLIVE CO | 216,523 | $17.1B | 93.07% | |
| 176 | SPGSIMON PPTY GROUP INC NEW | 92,007 | $17.0B | 92.65% | |
| 177 | ROSTROSS STORES INC | 91,726 | $16.5B | 89.88% | |
| 178 | WDCWESTERN DIGITAL CORP | 95,602 | $16.5B | 89.59% | |
| 179 | ABNBAIRBNB INC | 121,056 | $16.4B | 89.37% | |
| 180 | SRESEMPRA | 184,165 | $16.3B | 88.45% | |
| 181 | PCARPACCAR INC | 147,861 | $16.2B | 88.08% | |
| 182 | EOGEOG RES INC | 153,984 | $16.2B | 87.96% | |
| 183 | VRTVERTIV HOLDINGS CO | 99,757 | $16.2B | 87.91% | |
| 184 | SLBSLB LIMITED | 419,762 | $16.1B | 87.64% | |
| 185 | STXSEAGATE TECHNOLOGY HLDNGS PL | 58,493 | $16.1B | 87.63% | |
| 186 | AZOAUTOZONE INC | 4,747 | $16.1B | 87.58% | |
| 187 | AFLAFLAC INC | 143,366 | $15.8B | 85.99% | |
| 188 | MNSTMONSTER BEVERAGE CORP NEW | 206,048 | $15.8B | 85.93% | |
| 189 | ZTSZOETIS INC | 125,290 | $15.8B | 85.75% | |
| 190 | BDXBECTON DICKINSON & CO | 80,857 | $15.7B | 85.36% | |
| 191 | APDAIR PRODS & CHEMS INC | 62,984 | $15.6B | 84.63% | |
| 192 | KMIKINDER MORGAN INC DEL | 564,482 | $15.5B | 84.41% | |
| 193 | LHXL3HARRIS TECHNOLOGIES INC | 52,824 | $15.5B | 84.36% | |
| 194 | NXPINXP SEMICONDUCTORS N V | 71,342 | $15.5B | 84.24% | |
| 195 | ALSALLSTATE CORP | 74,213 | $15.4B | 84.03% | |
| 196 | VSTVISTRA CORP | 95,383 | $15.4B | 83.71% | |
| 197 | CVNACARVANA CO | 36,218 | $15.3B | 83.14% | |
| 198 | PYPLPAYPAL HLDGS INC | 255,835 | $14.9B | 81.25% | |
| 199 | FQIDIGITAL RLTY TR INC | 96,005 | $14.9B | 80.79% | |
| 200 | IDXXIDEXX LABS INC | 21,936 | $14.8B | 80.73% |