ARIZONA STATE RETIREMENT SYSTEM

PHOENIX, AZ · CIK 1558481 · 13F filing filed 2023-08-01

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityArizona State Retirement System (US)

$12.3bn reported value +10.6% vs Q1 2023

2,177positions

26.4%in top 10

65 new 688 added 1,424 reduced 107 sold out vs Q1 2023

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	4,522,634	$877.3m7.12%	7.12%	Added +179.0k	+179,037 4.1%
2	MICROSOFT CORP COM MSFT	MSFT	2,021,390	$688.4m5.59%	5.59%	Added +87.8k	+87,770 4.5%
3	AMAZON COM INC COM AMZN	AMZN	2,638,984	$344.0m2.79%	2.79%	Added +132.0k	+132,046 5.3%
4	NVIDIA CORPORATION COM NVDA	NVDA	706,039	$298.7m2.42%	2.42%	Added +34.4k	+34,353 5.1%
5	TESLA INC COM TSLA	TSLA	815,341	$213.4m1.73%	1.73%	Added +82.5k	+82,470 11.2%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,702,497	$203.8m1.65%	1.65%	Added +71.6k	+71,612 4.4%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	1,535,334	$185.7m1.51%	1.51%	Added +39.8k	+39,769 2.7%
8	META PLATFORMS INC CL A META	META	633,086	$181.7m1.47%	1.47%	Added +19.1k	+19,102 3.1%
9	UNITEDHEALTH GROUP INC COM UNH	UNH	266,650	$128.2m1.04%	1.04%	Added +11.5k	+11,533 4.5%
10	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	371,082	$126.5m1.03%	1.03%	Added +15.6k	+15,586 4.4%
11	EXXON MOBIL CORP COM XOM	XOM	1,160,332	$124.4m1.01%	1.01%	Added +35.9k	+35,861 3.2%
12	JOHNSON & JOHNSON COM JNJ	JNJ	742,738	$122.9m1.00%	1.00%	Added +28.9k	+28,872 4.0%
13	JPMORGAN CHASE & CO COM JPM	JPM	837,945	$121.9m0.99%	0.99%	Added +37.1k	+37,055 4.6%
14	VISA INC COM CL A V	V	464,486	$110.3m0.90%	0.90%	Added +19.9k	+19,926 4.5%
15	ELI LILLY & CO COM LLY	LLY	230,892	$108.3m0.88%	0.88%	Added +10.4k	+10,369 4.7%
16	BROADCOM INC COM AVGO	AVGO	119,176	$103.4m0.84%	0.84%	Added +5.3k	+5,316 4.7%
17	PROCTER AND GAMBLE CO COM PG	PG	674,351	$102.3m0.83%	0.83%	Added +27.3k	+27,322 4.2%
18	MASTERCARD INCORPORATED CL A MA	MA	243,298	$95.7m0.78%	0.78%	Added +8.9k	+8,911 3.8%
19	HOME DEPOT INC COM HD	HD	289,467	$89.9m0.73%	0.73%	Added +11.2k	+11,185 4.0%
20	MERCK & CO INC COM MRK	MRK	725,389	$83.7m0.68%	0.68%	Added +33.1k	+33,118 4.8%
21	CHEVRON CORP NEW COM CVX	CVX	514,497	$81.0m0.66%	0.66%	Added +12.9k	+12,929 2.6%
22	PEPSICO INC COM PEP	PEP	393,699	$72.9m0.59%	0.59%	Added +17.5k	+17,526 4.7%
23	COCA COLA CO COM KO	KO	1,174,823	$70.7m0.57%	0.57%	Added +53.1k	+53,085 4.7%
24	COSTCO WHSL CORP NEW COM COST	COST	126,768	$68.2m0.55%	0.55%	Added +5.9k	+5,919 4.9%
25	ABBVIE INC COM ABBV	ABBV	504,272	$67.9m0.55%	0.55%	Added +21.4k	+21,402 4.4%
26	WALMART INC COM WMT	WMT	423,798	$66.6m0.54%	0.54%	Added +16.2k	+16,191 4.0%
27	ADOBE INC COM ADBE	ADBE	131,117	$64.1m0.52%	0.52%	Added +4.2k	+4,179 3.3%
28	MCDONALDS CORP COM MCD	MCD	208,676	$62.3m0.51%	0.51%	Added +8.7k	+8,692 4.3%
29	CISCO SYS INC COM CSCO	CSCO	1,170,773	$60.6m0.49%	0.49%	Added +49.1k	+49,085 4.4%
30	SALESFORCE INC COM CRM	CRM	285,846	$60.4m0.49%	0.49%	Added +12.8k	+12,804 4.7%
31	PFIZER INC COM PFE	PFE	1,613,428	$59.2m0.48%	0.48%	Added +80.8k	+80,754 5.3%
32	BANK AMERICA CORP COM BAC	BAC	2,057,905	$59.0m0.48%	0.48%	Added +86.5k	+86,485 4.4%
33	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	110,250	$57.5m0.47%	0.47%	Added +3.2k	+3,164 3.0%
34	NETFLIX INC COM NFLX	NFLX	127,300	$56.1m0.46%	0.46%	Added +5.8k	+5,791 4.8%
35	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	180,521	$55.7m0.45%	0.45%	Added +8.5k	+8,482 4.9%
36	ORACLE CORP COM ORCL	ORCL	463,036	$55.1m0.45%	0.45%	Added +21.3k	+21,335 4.8%
37	ABBOTT LABS COM ABT	ABT	496,784	$54.2m0.44%	0.44%	Added +20.7k	+20,713 4.3%
38	LINDE PLC SHS LIN	LIN	140,161	$53.4m0.43%	0.43%	Added +5.3k	+5,301 3.9%
39	ADVANCED MICRO DEVICES INC COM AMD	AMD	460,042	$52.4m0.43%	0.43%	Added +19.8k	+19,800 4.5%
40	COMCAST CORP NEW CL A CMCSA	CMCSA	1,202,442	$50.0m0.41%	0.41%	Added +24.5k	+24,545 2.1%
41	DANAHER CORPORATION COM DHR	DHR	197,991	$47.5m0.39%	0.39%	Added +9.2k	+9,165 4.8%
42	TEXAS INSTRS INC COM TXN	TXN	259,360	$46.7m0.38%	0.38%	Added +11.6k	+11,554 4.7%
43	DISNEY WALT CO COM DIS	DIS	522,185	$46.6m0.38%	0.38%	Added +24.4k	+24,413 4.9%
44	WELLS FARGO CO NEW COM WFC	WFC	1,075,694	$45.9m0.37%	0.37%	Added +35.3k	+35,268 3.4%
45	VERIZON COMMUNICATIONS INC COM VZ	VZ	1,200,518	$44.6m0.36%	0.36%	Added +53.8k	+53,789 4.7%
46	PHILIP MORRIS INTL INC COM PM	PM	443,675	$43.3m0.35%	0.35%	Added +20.4k	+20,404 4.8%
47	NEXTERA ENERGY INC COM NEE	NEE	578,376	$42.9m0.35%	0.35%	Added +35.8k	+35,796 6.6%
48	RTX CORPORATION COM RTX	RTX	418,252	$41.0m0.33%	0.33%	Added +16.9k	+16,862 4.2%
49	INTEL CORP COM INTC	INTC	1,192,277	$39.9m0.32%	0.32%	Added +65.4k	+65,430 5.8%
50	HONEYWELL INTL INC COM COM		190,288	$39.5m0.32%	0.32%	Added +6.7k	+6,716 3.7%
51	NIKE INC CL B NKE	NKE	352,188	$38.9m0.32%	0.32%	Added +8.2k	+8,239 2.4%
52	LOWES COS INC COM LOW	LOW	170,466	$38.5m0.31%	0.31%	Added +5.4k	+5,356 3.2%
53	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	601,220	$38.4m0.31%	0.31%	Added +20.7k	+20,687 3.6%
54	QUALCOMM INC COM QCOM	QCOM	318,718	$37.9m0.31%	0.31%	Added +12.6k	+12,638 4.1%
55	S&P GLOBAL INC COM SPGI	SPGI	93,742	$37.6m0.31%	0.31%	Added +2.8k	+2,818 3.1%
56	UNITED PARCEL SERVICE INC CL B UPS	UPS	206,752	$37.1m0.30%	0.30%	Added +7.5k	+7,479 3.8%
57	INTUIT COM INTU	INTU	80,193	$36.7m0.30%	0.30%	Added +7.3k	+7,323 10.1%
58	CATERPILLAR INC COM CAT	CAT	147,595	$36.3m0.29%	0.29%	Added +5.5k	+5,500 3.9%
59	CONOCOPHILLIPS COM COP	COP	346,410	$35.9m0.29%	0.29%	Added +6.2k	+6,179 1.8%
60	UNION PAC CORP COM UNP	UNP	174,438	$35.7m0.29%	0.29%	Added +6.6k	+6,571 3.9%
61	APPLIED MATLS INC COM AMAT	AMAT	241,573	$34.9m0.28%	0.28%	Added +6.7k	+6,672 2.8%
62	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	259,292	$34.7m0.28%	0.28%	Added +12.4k	+12,427 5.0%
63	BOEING CO COM BA	BA	162,709	$34.4m0.28%	0.28%	Added +8.1k	+8,117 5.2%
64	GE AEROSPACE COM NEW GE	GE	311,653	$34.2m0.28%	0.28%	Added +13.3k	+13,307 4.5%
65	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	100,119	$34.2m0.28%	0.28%	Added +3.6k	+3,629 3.8%
66	AMGEN INC COM AMGN	AMGN	152,703	$33.9m0.28%	0.28%	Added +7.0k	+7,013 4.8%
67	MEDTRONIC PLC SHS MDT	MDT	380,296	$33.5m0.27%	0.27%	Added +17.1k	+17,109 4.7%
68	SERVICENOW INC COM NOW	NOW	58,238	$32.7m0.27%	0.27%	Added +3.0k	+2,975 5.4%
69	DEERE & CO COM DE	DE	80,467	$32.6m0.26%	0.26%	Added +2.2k	+2,177 2.8%
70	STARBUCKS CORP COM SBUX	SBUX	328,522	$32.5m0.26%	0.26%	Added +15.1k	+15,124 4.8%
71	AT&T INC COM T	T	2,038,042	$32.5m0.26%	0.26%	Added +92.1k	+92,067 4.7%
72	PROLOGIS INC. COM PLD	PLD	263,964	$32.4m0.26%	0.26%	Added +11.9k	+11,925 4.7%
73	AMERICAN EXPRESS CO COM AXP	AXP	180,785	$31.5m0.26%	0.26%	Added +7.4k	+7,362 4.2%
74	GOLDMAN SACHS GROUP INC COM GS	GS	95,414	$30.8m0.25%	0.25%	Added +3.0k	+2,952 3.2%
75	MORGAN STANLEY COM NEW MS	MS	358,529	$30.6m0.25%	0.25%	Added +12.4k	+12,424 3.6%
76	ELEVANCE HEALTH INC COM ELV	ELV	67,822	$30.1m0.24%	0.24%	Added +2.6k	+2,611 4.0%
77	LOCKHEED MARTIN CORP COM LMT	LMT	65,152	$30.0m0.24%	0.24%	Added +750	+750 1.2%
78	STRYKER CORPORATION COM SYK	SYK	97,533	$29.8m0.24%	0.24%	Added +4.5k	+4,539 4.9%
79	BLACKROCK INC COM BLK	BLK	42,848	$29.6m0.24%	0.24%	Added +1.8k	+1,838 4.5%
80	BOOKING HOLDINGS INC COM BKNG	BKNG	10,762	$29.1m0.24%	0.24%	Added +170	+170 1.6%
81	MONDELEZ INTL INC CL A MDLZ	MDLZ	389,652	$28.4m0.23%	0.23%	Added +16.8k	+16,779 4.5%
82	ANALOG DEVICES INC COM ADI	ADI	144,596	$28.2m0.23%	0.23%	Added +5.5k	+5,536 4.0%
83	TJX COS INC NEW COM TJX	TJX	329,457	$27.9m0.23%	0.23%	Added +12.4k	+12,440 3.9%
84	GILEAD SCIENCES INC COM GILD	GILD	356,969	$27.5m0.22%	0.22%	Added +14.5k	+14,507 4.2%
85	MARSH & MCLENNAN COS INC COM MRSH	MRSH	141,511	$26.6m0.22%	0.22%	Added +6.1k	+6,079 4.5%
86	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	118,441	$26.0m0.21%	0.21%	Added +5.2k	+5,176 4.6%
87	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	73,631	$25.9m0.21%	0.21%	Added +3.5k	+3,544 5.1%
88	AMERICAN TOWER CORP NEW COM AMT	AMT	133,214	$25.8m0.21%	0.21%	Added +6.1k	+6,084 4.8%
89	CITIGROUP INC COM NEW C	C	556,388	$25.6m0.21%	0.21%	Added +27.5k	+27,545 5.2%
90	CVS HEALTH CORP COM CVS	CVS	365,834	$25.3m0.21%	0.21%	Added +7.1k	+7,065 2.0%
91	LAM RESEARCH CORP COM COM		38,571	$24.8m0.20%	0.20%	Added +1.3k	+1,333 3.6%
92	SCHWAB CHARLES CORP COM SCHW	SCHW	429,525	$24.3m0.20%	0.20%	Added +32.9k	+32,883 8.3%
93	T-MOBILE US INC COM TMUS	TMUS	172,222	$23.9m0.19%	0.19%	Added +2.4k	+2,368 1.4%
94	THE CIGNA GROUP COM CI	CI	84,905	$23.8m0.19%	0.19%	Added +1.4k	+1,426 1.7%
95	ALTRIA GROUP INC COM MO	MO	510,562	$23.1m0.19%	0.19%	Added +21.2k	+21,222 4.3%
96	EATON CORP PLC SHS ETN	ETN	113,767	$22.9m0.19%	0.19%	Added +5.2k	+5,178 4.8%
97	CHUBB LIMITED COM CB	CB	118,382	$22.8m0.19%	0.19%	Added +5.1k	+5,055 4.5%
98	ZOETIS INC CL A ZTS	ZTS	132,220	$22.8m0.18%	0.18%	Added +5.0k	+4,962 3.9%
99	FISERV INC COM FISV	FISV	178,124	$22.5m0.18%	0.18%	Added +13.4k	+13,403 8.1%
100	UBER TECHNOLOGIES INC COM UBER	UBER	518,091	$22.4m0.18%	0.18%	Added +109.7k	+109,673 26.9%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLK	XLK	163,000	$24.6m163.0k shares
SELECT SECTOR SPDR TR XLY	XLY	81,240	$12.1m81.2k shares
ARTHUR J GALLAGHER & CO		57,568	$11.0m57.6k shares
EVOQUA WATER TECHNOLOGIES CO AQUA	AQUA	35,295	$1.8m35.3k shares
OAK STR HEALTH INC		31,673	$1.2m31.7k shares
MAXAR TECHNOLOGIES INC MAXR	MAXR	21,604	$1.1m21.6k shares
FIRST REP BK SAN FRANCISCO C FRCB	FRCB	53,181	$744.0k53.2k shares
PROMETHEUS BIOSCIENCES INC		6,735	$722.8k6.7k shares
LIBERTY MEDIA CORP DEL LSXMA	LSXMA	21,389	$600.8k21.4k shares
PROVENTION BIO INC PRVB	PRVB	24,000	$578.4k24.0k shares
SPHERE ENTERTAINMENT CO SPHR	SPHR	7,219	$426.4k7.2k shares
MOMENTIVE GLOBAL INC		36,614	$341.2k36.6k shares
TRAVELCENTERS OF AMERICA INC TA	TA	3,873	$335.0k3.9k shares
MODIVCARE INC MODVQ	MODVQ	3,686	$309.9k3.7k shares
EAGLE BANCORP INC MD EGBN	EGBN	9,248	$309.5k9.2k shares
SUMO LOGIC INC		25,762	$308.6k25.8k shares
KYMERA THERAPEUTICS INC KYMR	KYMR	10,333	$306.2k10.3k shares
CORE LABORATORIES N V CLB	CLB	13,436	$296.3k13.4k shares
HESKA CORP HSKA	HSKA	2,979	$290.8k3.0k shares
ENVIVA INC EVA	EVA	9,678	$279.5k9.7k shares
MESA LABS INC MLAB	MLAB	1,546	$270.1k1.5k shares
STERLING CHECK CORP		23,906	$266.6k23.9k shares
MONEYGRAM INTL INC MGI	MGI	25,177	$262.3k25.2k shares
TOMPKINS FINL CORP TMP	TMP	3,777	$250.1k3.8k shares
CARDIOVASCULAR SYS INC DEL CSII	CSII	12,135	$241.0k12.1k shares