SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Arizona State Retirement System

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

Reported Value
$9.7B
Q3 2022
Positions
2,220
Filings on Record
30
2019–present window
Filed
Nov 7, 2022
original filing

Summary

Arizona State Retirement System reported $9.7B in U.S.-listed holdings across 2,220 positions for Q3 2022.

Its largest position, AAPL, represents 6.3% of the portfolio.

Compared with Q2 2022, the fund opened 38 new positions and exited 64.

Portfolio Metrics

Turnover
+2.3%
vs prior filed quarter
Top-10 Concentration
+23.5%
share of reported value
Largest Position
+6.3%
Apple
New / Exited
38 / 64
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: 93.1%Other: 3.5%REIT: 3.3%Tracking Stk: 0.1%Unit: 0.0%
  • Common Stock · 93.1% · $9.0B
  • Other · 3.5% · $339M
  • REIT · 3.3% · $318M
  • Tracking Stk · 0.1% · $6M
  • Unit · 0.0% · $867,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JJACOBS SOLUTIONS INCNEW+35.3K35.3K+$4M$4M
HRHEALTHCARE RLTY TRNEW+104.5K104.5K+$2M$2M
NLYANNALY CAPITAL MANAGEMENT INNEW+118.4K118.4K+$2M$2M
COHRCOHERENT CORPNEW+35.1K35.1K+$1M$1M
NOBLE CORP NEWNEW+27.3K27.3K+$806,000$806,000
SPXCSPX TECHNOLOGIES INCNEW+12.4K12.4K+$686,000$686,000
DBRGDIGITALBRIDGE GROUP INCNEW+40.6K40.6K+$507,000$507,000
ADTNADTRAN HOLDINGS INCNEW+19.9K19.9K+$390,000$390,000

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

Holdings — Q3 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM6.29%$608M4.40M
2MSFTMICROSOFT CORPhistory →COM4.65%$450M1.93M
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.14%$304M3.17M
4AMZNAMAZON COM INChistory →COM2.91%$281M2.49M
5TSLATESLA INChistory →COM1.97%$190M718.1K
6UNHUNITEDHEALTH GROUP INChistory →COM1.33%$129M255.0K
7JNJJOHNSON & JOHNSONhistory →COM1.21%$117M715.3K
8EXMOCEXXON MOBIL CORPhistory →COM1.03%$100M1.15M
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.97%$93M349.5K
10METAMETA PLATFORMS INChistory →CL A0.87%$85M623.4K
11JPMJPMORGAN CHASE & COhistory →COM0.86%$83M798.4K
12NVDANVIDIA CORPORATIONhistory →COM0.85%$83M680.7K
13PGPROCTER AND GAMBLE COhistory →COM0.85%$82M652.2K
14VVISA INChistory →COM CL A0.82%$79M447.3K
15HDHOME DEPOT INChistory →COM0.80%$77M279.4K
16CHVCHEVRON CORP NEWhistory →COM0.75%$73M507.4K
17LLYLILLY ELI & COhistory →COM0.73%$71M219.5K
18MAMASTERCARD INCORPORATEDhistory →CL A0.69%$67M236.1K
19PFEPFIZER INChistory →COM0.69%$67M1.53M
20ABBVABBVIE INChistory →COM0.67%$64M480.3K
21KOCOCA COLA COhistory →COM0.65%$63M1.12M
22PEPPEPSICO INChistory →COM0.63%$61M375.8K
23BACBK OF AMERICA CORPhistory →COM0.62%$60M1.97M
24MRKMERCK & CO INChistory →COM0.61%$59M687.4K
25COSTCOSTCO WHSL CORP NEWhistory →COM0.59%$57M120.4K
26TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.56%$54M106.4K
27WMTWALMART INChistory →COM0.55%$53M411.6K
28AVGOBROADCOM INChistory →COM0.50%$49M109.8K
29DHRDANAHER CORPORATIONhistory →COM0.50%$48M187.8K
30DISDISNEY WALT COhistory →COM0.48%$47M495.1K
31MCDMCDONALDS CORPhistory →COM0.48%$46M201.0K
32ABTABBOTT LABShistory →COM0.48%$46M476.0K
33CSCOCISCO SYS INChistory →COM0.47%$45M1.13M
34ACCENTURE PLC IRELANDSHS CLASS A0.46%$44M172.2K
35BACVERIZON COMMUNICATIONS INChistory →COM0.45%$43M1.14M
36NEENEXTERA ENERGY INChistory →COM0.43%$42M534.0K
37WFCWELLS FARGO CO NEWhistory →COM0.43%$41M1.03M
38BMYBRISTOL-MYERS SQUIBB COhistory →COM0.43%$41M578.7K
39CRMSALESFORCE INChistory →COM0.40%$39M270.2K
40TXNTEXAS INSTRS INChistory →COM0.40%$39M250.7K
41LINDE PLCSHS0.38%$37M136.7K
42COPCONOCOPHILLIPShistory →COM0.37%$36M351.6K
43CMCSACOMCAST CORP NEWhistory →CL A0.37%$36M1.22M
44ADBEADOBE SYSTEMS INCORPORATEDhistory →COM0.37%$35M128.4K
454I1PHILIP MORRIS INTL INChistory →COM0.36%$35M421.4K
46QCOMQUALCOMM INChistory →COM0.36%$34M304.4K
47CVSCVS HEALTH CORPhistory →COM0.35%$34M356.4K
48UNPUNION PAC CORPhistory →COM0.34%$33M170.8K
49RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.34%$33M404.3K

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 ↗.