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Portfolio (Quarterly) Guide ↗

ARIZONA STATE RETIREMENT SYSTEM

· CIK 0001558481
13F Portfolio $17.1B AUM 2,051 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 63 New 172 Added 1660 Reduced 60 Exited
Page 7 of 9  ·  172 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 SMA SMARTSTOP SELF STORAG REIT I Real Estate 15,202.0 $460K 0.00% +7K +76.8% $30.28 +13.5%
122 INVA INNOVIVA INC Healthcare 19,510.0 $455K 0.00% +3K +16.9% $23.30 -7.4%
123 FRSH FRESHWORKS INC Technology 54,273.0 $436K 0.00% +1K +2.5% $8.03 +33.1%
124 VERA VERA THERAPEUTICS INC Healthcare 10,518.0 $423K 0.00% +97.0 +0.9% $40.23 -7.6%
125 BBAI BIGBEAR AI HLDGS INC Technology 120,200.0 $423K 0.00% +720.0 +0.6% $3.52 -16.5%
126 NTLA INTELLIA THERAPEUTICS INC Healthcare 30,225.0 $387K 0.00% +2K +5.5% $12.82 -10.5%
127 RCAT RED CAT HLDGS INC Technology 29,509.0 $386K 0.00% +198.0 +0.7% $13.09 -34.4%
128 FIGS FIGS INC Consumer Cyclical 25,765.0 $381K 0.00% +154.0 +0.6% $14.77 -30.5%
129 PUMP PROPETRO HLDG CORP Energy 26,123.0 $376K 0.00% +3K +12.7% $14.41 -8.3%
130 RXRX RECURSION PHARMACEUTICALS IN Healthcare 121,706.0 $374K 0.00% +20K +20.1% $3.07 +0.3%
131 WWW WOLVERINE WORLD WIDE INC Consumer Cyclical 22,503.0 $367K 0.00% +154.0 +0.7% $16.32 +14.4%
132 EFC ELLINGTON FINANCIAL INC Real Estate 30,583.0 $362K 0.00% +3K +9.9% $11.85 +13.8%
133 ORC ORCHID IS CAP INC Real Estate 50,361.0 $354K 0.00% +10K +23.3% $7.03 -3.7%
134 PAY PAYMENTUS HOLDINGS INC Technology 13,750.0 $349K 0.00% +2K +20.0% $25.40 +16.6%
135 GCI LIBERTY INC 9,317.0 $347K 0.00% +382.0 +4.3% $37.21
136 PWP PERELLA WEINBERG PARTNERS Financial Services 18,312.0 $333K 0.00% +546.0 +3.1% $18.16 -13.7%
137 USAR USA RARE EARTH INC Basic Materials 20,951.0 $317K 0.00% +8K +65.2% $15.13 +4.4%
138 BIOHAVEN LTD 35,859.0 $303K 0.00% +5K +14.8% $8.46
139 AI C3 AI INC Technology 35,858.0 $302K 0.00% +551.0 +1.6% $8.42 +2.0%
140 OUSTER INC 15,657.0 $288K 0.00% +487.0 +3.2% $18.37
Page 7 of 9  ·  172 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.3%
Financial Services 11.5%
Consumer Cyclical 10.1%
Healthcare 9.9%
Communication Services 9.9%
Industrials 9.5%
Consumer Defensive 5.1%
Energy 4.3%
Utilities 2.9%
Real Estate 2.4%