Filed: 8/13/2025ACC: 0000897069-25-001322
📋 What this filing means
ARIZONA STATE RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 2053 equity positions with a total reported market value of $17.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
2053
Positions
$17.36B
Total AUM (reported)
153.96M
Total Shares
Allocation by class
COM$13.59B78.3%
CL A$1.26B7.3%
COM NEW$514.47M3.0%
COM CL A$362.35M2.1%
CAP STK CL A$300.38M1.7%
SHS$264.88M1.5%
CAP STK CL C$256.48M1.5%
Portfolio Concentration
Top 3$3.05B17.6%
4–10$2.51B14.4%
11–25$1.96B11.3%
Rest$9.84B56.7%
Top 3 weight
17.6%
Top 10 weight
32.0%
Voting Authority Distribution
Total shares with voting rights: 153.96M
Sole
Full voting authority
153.96M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole2053
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings2053
Rows:
NVIDIA CORPORATION
SOLEShares7.13M
TypeSH
Market value$1.13B
6.49%
Sole
7.13M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.06M
TypeSH
Market value$1.03B
5.92%
Sole
2.06M
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.39M
TypeSH
Market value$901.02M
5.19%
Sole
4.39M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.79M
TypeSH
Market value$612.40M
3.53%
Sole
2.79M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares640.04K
TypeSH
Market value$472.41M
2.72%
Sole
640.04K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares1.31M
TypeSH
Market value$359.90M
2.07%
Sole
1.31M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.70M
TypeSH
Market value$300.38M
1.73%
Sole
1.70M
Shared
0.00
None
0.00
TESLA INC
SOLEShares846.14K
TypeSH
Market value$268.79M
1.55%
Sole
846.14K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.45M
TypeSH
Market value$256.48M
1.48%
Sole
1.45M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares817.42K
TypeSH
Market value$236.98M
1.37%
Sole
817.42K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares391.71K
TypeSH
Market value$190.28M
1.10%
Sole
391.71K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares235.57K
TypeSH
Market value$183.63M
1.06%
Sole
235.57K
Shared
0.00
None
0.00
VISA INC
SOLEShares503.81K
TypeSH
Market value$178.88M
1.03%
Sole
503.81K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares124.91K
TypeSH
Market value$167.27M
0.96%
Sole
124.91K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.26M
TypeSH
Market value$136.30M
0.79%
Sole
1.26M
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares238.08K
TypeSH
Market value$133.79M
0.77%
Sole
238.08K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares129.68K
TypeSH
Market value$128.38M
0.74%
Sole
129.68K
Shared
0.00
None
0.00
WALMART INC
SOLEShares1.29M
TypeSH
Market value$126.04M
0.73%
Sole
1.29M
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares685.50K
TypeSH
Market value$109.21M
0.63%
Sole
685.50K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares704.50K
TypeSH
Market value$107.61M
0.62%
Sole
704.50K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares491.75K
TypeSH
Market value$107.51M
0.62%
Sole
491.75K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares290.57K
TypeSH
Market value$106.53M
0.61%
Sole
290.57K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares2.11M
TypeSH
Market value$99.94M
0.58%
Sole
2.11M
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares517.15K
TypeSH
Market value$95.99M
0.55%
Sole
517.15K
Shared
0.00
None
0.00
PALANTIR TECHNOLOGIES INC
SOLEShares626.01K
TypeSH
Market value$85.34M
0.49%
Sole
626.01K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 7.13M | SH | $1.13B 6.49% | 7.13M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.06M | SH | $1.03B 5.92% | 2.06M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.39M | SH | $901.02M 5.19% | 4.39M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.79M | SH | $612.40M 3.53% | 2.79M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 640.04K | SH | $472.41M 2.72% | 640.04K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 1.31M | SH | $359.90M 2.07% | 1.31M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 1.70M | SH | $300.38M 1.73% | 1.70M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 846.14K | SH | $268.79M 1.55% | 846.14K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.45M | SH | $256.48M 1.48% | 1.45M | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 817.42K | SH | $236.98M 1.37% | 817.42K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 391.71K | SH | $190.28M 1.10% | 391.71K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 235.57K | SH | $183.63M 1.06% | 235.57K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 503.81K | SH | $178.88M 1.03% | 503.81K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 124.91K | SH | $167.27M 0.96% | 124.91K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.26M | SH | $136.30M 0.79% | 1.26M | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 238.08K | SH | $133.79M 0.77% | 238.08K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 129.68K | SH | $128.38M 0.74% | 129.68K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 1.29M | SH | $126.04M 0.73% | 1.29M | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 685.50K | SH | $109.21M 0.63% | 685.50K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 704.50K | SH | $107.61M 0.62% | 704.50K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 491.75K | SH | $107.51M 0.62% | 491.75K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 290.57K | SH | $106.53M 0.61% | 290.57K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 2.11M | SH | $99.94M 0.58% | 2.11M | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 517.15K | SH | $95.99M 0.55% | 517.15K | 0.00 | 0.00 |
PALANTIR TECHNOLOGIES INCSOLE | CL A | 626.01K | SH | $85.34M 0.49% | 626.01K | 0.00 | 0.00 |
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