Filed: 8/4/2025ACC: 0001140361-25-028518
📋 What this filing means
RETIREMENT SYSTEMS OF ALABAMA filed this quarterly 13F‑HR report disclosing 935 equity positions with a total reported market value of $27.95B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
935
Positions
$27.95B
Total AUM (reported)
289.80M
Total Shares
Allocation by class
COM$20.85B74.6%
CL A$1.66B5.9%
COM NEW$879.30M3.1%
CORE MSCI EMKT$455.29M1.6%
MSCI EMG MKT ETF$441.03M1.6%
COM CL A$400.73M1.4%
SHS$393.34M1.4%
Portfolio Concentration
Top 3$3.79B13.6%
4–10$3.52B12.6%
11–25$3.30B11.8%
Rest$17.33B62.0%
Top 3 weight
13.6%
Top 10 weight
26.2%
Voting Authority Distribution
Total shares with voting rights: 289.80M
Sole
Full voting authority
289.80M
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)
Sole935
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings935
Rows:
NVIDIA CORPORATION
SOLEShares8.92M
TypeSH
Market value$1.41B
5.04%
Sole
8.92M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.64M
TypeSH
Market value$1.31B
4.70%
Sole
2.64M
Shared
0.00
None
0.00
APPLE INC
SOLEShares5.21M
TypeSH
Market value$1.07B
3.82%
Sole
5.21M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares3.66M
TypeSH
Market value$802.40M
2.87%
Sole
3.66M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares2.11M
TypeSH
Market value$581.82M
2.08%
Sole
2.11M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares705.39K
TypeSH
Market value$520.64M
1.86%
Sole
705.39K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares7.58M
TypeSH
Market value$455.29M
1.63%
Sole
7.58M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares9.14M
TypeSH
Market value$441.03M
1.58%
Sole
9.14M
Shared
0.00
None
0.00
DIMENSIONAL ETF TRUST
SOLEShares12.67M
TypeSH
Market value$366.76M
1.31%
Sole
12.67M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares734.27K
TypeSH
Market value$356.69M
1.28%
Sole
734.27K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.99M
TypeSH
Market value$350.66M
1.25%
Sole
1.99M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.60M
TypeSH
Market value$283.22M
1.01%
Sole
1.60M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares912.58K
TypeSH
Market value$264.57M
0.95%
Sole
912.58K
Shared
0.00
None
0.00
VISA INC
SOLEShares728.82K
TypeSH
Market value$258.77M
0.93%
Sole
728.82K
Shared
0.00
None
0.00
TESLA INC
SOLEShares797.42K
TypeSH
Market value$253.31M
0.91%
Sole
797.42K
Shared
0.00
None
0.00
VANGUARD BD INDEX FDS
SOLEShares3.04M
TypeSH
Market value$223.53M
0.80%
Sole
3.04M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares369.47K
TypeSH
Market value$209.87M
0.75%
Sole
369.47K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares349.58K
TypeSH
Market value$196.44M
0.70%
Sole
349.58K
Shared
0.00
None
0.00
WALMART INC
SOLEShares1.96M
TypeSH
Market value$191.20M
0.68%
Sole
1.96M
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares141.89K
TypeSH
Market value$190.01M
0.68%
Sole
141.89K
Shared
0.00
None
0.00
CISCO SYS INC
SOLEShares2.69M
TypeSH
Market value$186.37M
0.67%
Sole
2.69M
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares1.22M
TypeSH
Market value$185.95M
0.67%
Sole
1.22M
Shared
0.00
None
0.00
INTERNATIONAL BUSINESS MACHS
SOLEShares590.13K
TypeSH
Market value$173.96M
0.62%
Sole
590.13K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares769.08K
TypeSH
Market value$168.14M
0.60%
Sole
769.08K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares1.01M
TypeSH
Market value$160.90M
0.58%
Sole
1.01M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 8.92M | SH | $1.41B 5.04% | 8.92M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.64M | SH | $1.31B 4.70% | 2.64M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 5.21M | SH | $1.07B 3.82% | 5.21M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 3.66M | SH | $802.40M 2.87% | 3.66M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 2.11M | SH | $581.82M 2.08% | 2.11M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 705.39K | SH | $520.64M 1.86% | 705.39K | 0.00 | 0.00 |
ISHARES INCSOLE | CORE MSCI EMKT | 7.58M | SH | $455.29M 1.63% | 7.58M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 9.14M | SH | $441.03M 1.58% | 9.14M | 0.00 | 0.00 |
DIMENSIONAL ETF TRUSTSOLE | EMGR CRE EQT MNG | 12.67M | SH | $366.76M 1.31% | 12.67M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 734.27K | SH | $356.69M 1.28% | 734.27K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 1.99M | SH | $350.66M 1.25% | 1.99M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.60M | SH | $283.22M 1.01% | 1.60M | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 912.58K | SH | $264.57M 0.95% | 912.58K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 728.82K | SH | $258.77M 0.93% | 728.82K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 797.42K | SH | $253.31M 0.91% | 797.42K | 0.00 | 0.00 |
VANGUARD BD INDEX FDSSOLE | TOTAL BND MRKT | 3.04M | SH | $223.53M 0.80% | 3.04M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 369.47K | SH | $209.87M 0.75% | 369.47K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 349.58K | SH | $196.44M 0.70% | 349.58K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 1.96M | SH | $191.20M 0.68% | 1.96M | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 141.89K | SH | $190.01M 0.68% | 141.89K | 0.00 | 0.00 |
CISCO SYS INCSOLE | COM | 2.69M | SH | $186.37M 0.67% | 2.69M | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 1.22M | SH | $185.95M 0.67% | 1.22M | 0.00 | 0.00 |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 590.13K | SH | $173.96M 0.62% | 590.13K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 769.08K | SH | $168.14M 0.60% | 769.08K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 1.01M | SH | $160.90M 0.58% | 1.01M | 0.00 | 0.00 |
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