SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Arizona State Retirement System

CIK 0001558481 · 3300 NORTH CENTRAL AVENUE, 14TH FLOOR, PHOENIX, AZ, 85012 · 602-240-2000

Reported Value
$11.0B
Q4 2020
Positions
2,088
Filings on Record
30
2019–present window
Filed
Jan 28, 2021
original filing

Summary

Arizona State Retirement System reported $11.0B in U.S.-listed holdings across 2,088 positions for Q4 2020.

Its largest position, AAPL, represents 5.9% of the portfolio.

Compared with Q3 2020, the fund opened 140 new positions and exited 48.

Portfolio Metrics

Turnover
+2.1%
vs prior filed quarter
Top-10 Concentration
+22.7%
share of reported value
Largest Position
+5.9%
Apple
New / Exited
140 / 48
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $7.8BQ4 ’18Q1 ’19: $8.4BQ2 ’19: $8.6BQ3 ’19: $8.2BQ4 ’19: $8.3BQ4 ’19Q1 ’20: $5.8BQ2 ’20: $7.1BQ3 ’20: $10.1BQ4 ’20: $11.0BQ4 ’20Q1 ’21: $11.4BQ2 ’21: $12.3BQ3 ’21: $12.3BQ4 ’21: $13.1BQ4 ’21Q1 ’22: $12.4BQ2 ’22: $10.3BQ3 ’22: $9.7BQ4 ’22: $10.4BQ4 ’22Q1 ’23: $11.1BQ2 ’23: $12.3BQ3 ’23: $11.8BQ4 ’23: $13.2BQ4 ’23Q1 ’24: $14.5BQ2 ’24: $15.0BQ3 ’24: $15.9BQ4 ’24: $16.4BQ4 ’24Q1 ’25: $15.7BQ2 ’25: $17.4BQ3 ’25: $18.8BQ4 ’25: $18.4BQ4 ’25Q1 ’26: $17.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.7%Other: 4.1%REIT: 3.1%Tracking Stk: 0.1%Royalty Trst: 0.0%Other: 0.0%
  • Common Stock · 92.7% · $10.2B
  • Other · 4.1% · $457M
  • REIT · 3.1% · $340M
  • Tracking Stk · 0.1% · $6M
  • Royalty Trst · 0.0% · $1M
  • Other · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VTRSVIATRIS INCNEW+353.1K353.1K+$7M$7M
SGENUSDSEAGEN INCNEW+35.1K35.1K+$6M$6M
NETCLOUDFLARE INC CLASS ANEW+44.2K44.2K+$3M$3M
TXG10X GENOMICS INC CLASS ANEW+17.6K17.6K+$2M$2M
ZGZILLOW GROUP INC ANEW+17.2K17.2K+$2M$2M
DKNG1USDDRAFTKINGS INC CL ANEW+48.8K48.8K+$2M$2M
TERMINIX GLOBAL HOLDINGS INCNEW+38.3K38.3K+$2M$2M
CHWYCHEWY INC CLASS ANEW+21.7K21.7K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.94%$655M4.93M
2MSFTMICROSOFT CORPhistory →COM4.19%$461M2.07M
3AMZNAMAZON.COM INChistory →COM3.63%$400M122.9K
4GOOGLALPHABET INC CL ACAP STK CL A · CAP STK CL C2.75%$304M173.3K
5METAFACEBOOK INC CLASS Ahistory →CL A1.72%$189M693.7K
6TSLATESLA INChistory →COM1.38%$152M215.2K
7JNJJOHNSON & JOHNSONhistory →COM1.08%$120M759.6K
8JPMJPMORGAN CHASE & COhistory →COM1.04%$115M905.3K
9VVISA INC CLASS A SHAREShistory →COM CL A0.97%$106M486.5K
10PGPROCTER & GAMBLE CO/THEhistory →COM0.91%$100M718.3K
11BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →CL B NEW0.88%$97M416.7K
12UNHUNITEDHEALTH GROUP INChistory →COM0.87%$96M274.2K
13DISWALT DISNEY CO/THEhistory →COM0.86%$94M521.4K
14NVDANVIDIA CORPhistory →COM0.84%$93M178.0K
15MAMASTERCARD INC Ahistory →CL A0.83%$92M257.7K
16HDHOME DEPOT INChistory →COM0.75%$83M310.6K
17PYPLPAYPAL HOLDINGS INChistory →COM0.68%$75M321.9K
18BACBANK OF AMERICA CORPhistory →COM0.64%$70M2.32M
19BACVERIZON COMMUNICATIONS INChistory →COM0.64%$70M1.19M
20ADBEADOBE INChistory →COM0.63%$69M138.4K
21CMCSACOMCAST CORP CLASS Ahistory →CL A0.63%$69M1.32M
22NFLXNETFLIX INChistory →COM0.62%$69M127.2K
23KOCOCA COLA CO/THEhistory →COM0.59%$65M1.18M
24INTCINTEL CORPhistory →COM0.55%$61M1.23M
25MRKMERCK & CO. INC.history →COM0.54%$60M729.8K
26PEPPEPSICO INChistory →COM0.54%$59M399.5K
27TAT&T INChistory →COM0.54%$59M2.06M
28PFEPFIZER INChistory →COM0.54%$59M1.60M
29WMTWALMART INChistory →COM0.53%$59M408.6K
30CRMSALESFORCE.COM INChistory →COM0.53%$58M262.6K
31EXMOCEXXON MOBIL CORPhistory →COM0.51%$57M1.37M
32ABTABBOTT LABORATORIEShistory →COM0.51%$56M510.8K
33ABBVABBVIE INChistory →COM0.49%$55M509.2K
34CSCOCISCO SYSTEMS INChistory →COM0.49%$55M1.22M
35TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.48%$53M114.1K
36CHVCHEVRON CORPhistory →COM0.48%$53M624.5K
37NKENIKE INC CL Bhistory →CL B0.46%$51M359.3K
38AVGOBROADCOM INChistory →SHS0.46%$51M116.0K
39QCOMQUALCOMM INChistory →COM0.45%$50M325.6K
40COSTCOSTCO WHOLESALE CORPhistory →COM0.44%$48M127.4K
41ACCENTURE PLC CL ASHS CLASS A0.43%$48M183.6K
42MCDMCDONALD S CORPhistory →COM0.42%$46M214.7K
43MEDTRONIC PLCSHS0.41%$45M387.6K
44LINDE PLCCOM0.41%$45M171.7K
45NEENEXTERA ENERGY INChistory →COM0.40%$44M565.1K
46TXNTEXAS INSTRUMENTS INChistory →COM0.39%$43M264.3K
47HONGBPHONEYWELL INTERNATIONAL INChistory →COM0.39%$43M202.5K
48LLYELI LILLY & COhistory →COM0.38%$42M248.4K
49DHRDANAHER CORPhistory →COM0.37%$41M184.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$17.1B2,051May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$18.4B2,048Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$18.8B2,081Nov 3, 202513F-HRchanges · EDGAR ↗
Q2 2025$17.4B2,053Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$15.7B2,086May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$16.4B2,130Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$15.9B2,151Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$15.0B2,101Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$14.5B2,124May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$13.2B2,145Jan 24, 202413F-HRchanges · EDGAR ↗
Q3 2023$11.8B2,170Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$12.3B2,177Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$11.1B2,219Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022$10.4B2,228Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$9.7B2,220Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$10.3B2,246Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$12.4B2,236May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$13.1B2,269Feb 4, 202213F-HRchanges · EDGAR ↗
Q3 2021$12.3B2,202Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$12.3B2,225Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$11.4B2,132May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$11.0B2,088Jan 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$10.1B1,996Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$7.1B1,863Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$5.8B1,829May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$8.3B1,524Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$8.2B1,536Oct 31, 201913F-HRchanges · EDGAR ↗
Q2 2019$8.6B1,538Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$8.4B1,531Apr 29, 201913F-HRchanges · EDGAR ↗
Q4 2018$7.8B1,533Jan 28, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.