Retirement Systems of Alabama
13F Reported Value
ⓘ$33.2B
Holdings
950
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Retirement Systems of Alabama disclosed 950 positions worth $33.2B in its Form 13F-HR for Q2 2026, led by $NVDA (NVIDIA CORP) at 5.3% of the equity portfolio, followed by $AAPL and $MSFT. During the quarter the fund opened 16 new positions and exited 13 — including a new stake in $ROKU and a full exit from $HOLX. The portfolio is most concentrated in Technology (37.1% of disclosed assets). All figures are sourced directly from Retirement Systems of Alabama’s Form 13F-HR filing with the SEC under CIK 1593051.
AI Fund Analysis
Concentrating
Sector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 85.9#5
Quality
$1.8B8,777,517 sh - 76.4#84
Quality
$1.5B5,179,441 sh - 79.8#31
Quality
$959.1M2,571,170 sh - 68.7
Quality
$901.3M3,781,681 sh - 84.5
Quality
$791.9M2,096,422 sh - 78.2
Quality
$742.0M2,076,373 sh ISHARES INC - CORE MSCI EMKT
—Quality
$628.3M7,584,431 shISHARES TR - MSCI EMG MKT ETF
—Quality
$624.7M9,131,302 sh- 78.2
Quality
$582.1M1,647,584 sh DIMENSIONAL ETF TRUST - EMGR CRE EQT MNG
—Quality
$509.4M12,668,769 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 NVIDIA CORP$NVDA | 85.9#5 | $1.8B | 8,777,517 |
 Apple Inc.$AAPL | 76.4#84 | $1.5B | 5,179,441 |
 MICROSOFT CORP$MSFT | 79.8#31 | $959.1M | 2,571,170 |
 AMAZON COM INC$AMZN | 68.7 | $901.3M | 3,781,681 |
 Broadcom Inc.$AVGO | 84.5 | $791.9M | 2,096,422 |
 Alphabet Inc.$GOOG | 78.2 | $742.0M | 2,076,373 |
| ISHARES INC - CORE MSCI EMKT | — | $628.3M | 7,584,431 |
| ISHARES TR - MSCI EMG MKT ETF | — | $624.7M | 9,131,302 |
 Alphabet Inc.$GOOGL | 78.2 | $582.1M | 1,647,584 |
| DIMENSIONAL ETF TRUST - EMGR CRE EQT MNG | — | $509.4M | 12,668,769 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Retirement Systems of Alabama's 950 positions.
Showing top 10 of 950 holdings.
Sector Allocation
Technology
$12.3B
Financials
$3.7B
Industrials
$3.5B
Consumer Discretionary
$2.9B
Other
$2.6B
Healthcare
$2.4B
Real Estate
$1.5B
Energy
$1.1B
Top Holdings — Retirement Systems of Alabama (Q2 2026)
Top 150 of 950 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $NVDA | NVIDIA CORP | $1.8B | 5.3% | -1% | 85.9 |
| 2 | $AAPL | Apple Inc. | $1.5B | 4.5% | -0% | 76.4 |
| 3 | $MSFT | MICROSOFT CORP | $959.1M | 2.9% | -1% | 79.8 |
| 4 | $AMZN | AMAZON COM INC | $901.3M | 2.7% | -5% | 68.7 |
| 5 | $AVGO | Broadcom Inc. | $791.9M | 2.4% | -1% | 84.5 |
| 6 | $GOOG | Alphabet Inc. | $742.0M | 2.2% | +5% | 78.2 |
| 7 | — | ISHARES INC - CORE MSCI EMKT | $628.3M | 1.9% | +0% | — |
| 8 | — | ISHARES TR - MSCI EMG MKT ETF | $624.7M | 1.9% | +0% | — |
| 9 | $GOOGL | Alphabet Inc. | $582.1M | 1.8% | +4% | 78.2 |
| 10 | — | DIMENSIONAL ETF TRUST - EMGR CRE EQT MNG | $509.4M | 1.5% | +0% | — |
| 11 |  $MU | MICRON TECHNOLOGY INC | $492.9M | 1.5% | -3% | 86.2 |
| 12 |  $META | Meta Platforms, Inc. | $437.7M | 1.3% | +10% | 79.6 |
| 13 |  $BRK.B | BERKSHIRE HATHAWAY INC | $368.8M | 1.1% | -1% | 73.8 |
| 14 |  $TSLA | Tesla, Inc. | $349.4M | 1.1% | +3% | 53.9 |
| 15 |  $AMAT | APPLIED MATERIALS INC /DE | $336.3M | 1.0% | -0% | 72.3 |
| 16 |  $JPM | JPMORGAN CHASE & CO | $283.5M | 0.8% | -1% | 70.7 |
| 17 |  $JNJ | JOHNSON & JOHNSON | $277.3M | 0.8% | -10% | 69 |
| 18 |  $V | VISA INC. | $249.7M | 0.8% | -1% | 82.9 |
| 19 |  $CSCO | CISCO SYSTEMS, INC. | $248.2M | 0.8% | -23% | 70.3 |
| 20 |  $CAT | CATERPILLAR INC | $245.9M | 0.7% | -1% | 66.5 |
| 21 |  $AMD | ADVANCED MICRO DEVICES INC | $240.3M | 0.7% | +19% | 79.8 |
| 22 | — | VANGUARD BD INDEX FDS - TOTAL BND MRKT | $236.8M | 0.7% | +0% | — |
| 23 |  $LLY | ELI LILLY & Co | $235.6M | 0.7% | +17% | 87.5 |
| 24 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | $226.4M | 0.7% | +4% | — |
| 25 |  $KLAC | KLA CORP | $205.1M | 0.6% | +894% | 78.6 |
| 26 |  $ABBV | AbbVie Inc. | $198.9M | 0.6% | -1% | 72.6 |
| 27 |  $GE | GENERAL ELECTRIC CO | $196.5M | 0.6% | -1% | 73.8 |
| 28 |  $IBM | INTERNATIONAL BUSINESS MACHINES CORP | $193.2M | 0.6% | +3% | 70 |
| 29 |  $XOM.R34088 | EXXON MOBIL CORP | $189.3M | 0.6% | -1% | 57.9 |
| 30 |  $CVX | CHEVRON CORP | $189.1M | 0.6% | -0% | 62.8 |
| 31 |  $BAC | BANK OF AMERICA CORP /DE/ | $184.9M | 0.6% | -4% | 67.6 |
| 32 |  $MA | Mastercard Inc | $184.4M | 0.6% | -1% | 85.1 |
| 33 |  $COST | COSTCO WHOLESALE CORP /NEW | $180.9M | 0.5% | -1% | 66.2 |
| 34 |  $INTC | INTEL CORP | $176.9M | 0.5% | +27% | 45.6 |
| 35 |  $WMT | Walmart Inc. | $160.5M | 0.5% | -13% | 60.2 |
| 36 |  $HD | HOME DEPOT, INC. | $156.7M | 0.5% | -0% | 60.3 |
| 37 |  $GS | GOLDMAN SACHS GROUP INC | $152.0M | 0.5% | -11% | 73.5 |
| 38 |  $EQIX | EQUINIX INC | $150.2M | 0.5% | -0% | 59 |
| 39 |  $PLD | Prologis, Inc. | $147.7M | 0.4% | -0% | 68.3 |
| 40 |  $KO | COCA COLA CO | $147.3M | 0.4% | -0% | 69.5 |
| 41 |  $MS | MORGAN STANLEY | $143.7M | 0.4% | -13% | 75.8 |
| 42 |  $PM | Philip Morris International Inc. | $142.6M | 0.4% | -6% | 75.9 |
| 43 |  $C | CITIGROUP INC | $139.3M | 0.4% | -8% | 65 |
| 44 |  $WFC | WELLS FARGO & COMPANY/MN | $136.7M | 0.4% | -1% | 61.8 |
| 45 |  $AMGN | AMGEN INC | $124.3M | 0.4% | -0% | 79.2 |
| 46 |  $WELL | WELLTOWER INC. | $122.0M | 0.4% | +0% | 59.8 |
| 47 |  $QCOM | QUALCOMM INC/DE | $118.8M | 0.4% | -1% | 70.5 |
| 48 |  $AXP | AMERICAN EXPRESS CO | $118.2M | 0.4% | -6% | 69.4 |
| 49 |  $NFLX | NETFLIX INC | $115.1M | 0.3% | +21% | 78.8 |
| 50 |  $LRCX | LAM RESEARCH CORP | $113.8M | 0.3% | -1% | 79.4 |
| 51 |  $HWM | Howmet Aerospace Inc. | $110.0M | 0.3% | -0% | 73.9 |
| 52 |  $EBAY | EBAY INC | $108.3M | 0.3% | -0% | 66.4 |
| 53 |  $CRM | Salesforce, Inc. | $106.4M | 0.3% | -4% | 77 |
| 54 |  $HPE | Hewlett Packard Enterprise Co | $104.9M | 0.3% | -46% | 70.5 |
| 55 |  $NOW | ServiceNow, Inc. | $103.8M | 0.3% | +371% | 72.9 |
| 56 |  $BKNG | Booking Holdings Inc. | $103.7M | 0.3% | +2365% | 58.5 |
| 57 |  $TXN | TEXAS INSTRUMENTS INC | $101.6M | 0.3% | -0% | 73.4 |
| 58 |  $PG | PROCTER & GAMBLE Co | $101.5M | 0.3% | -7% | 64.6 |
| 59 |  $SCHW | SCHWAB CHARLES CORP | $101.1M | 0.3% | -3% | 79.4 |
| 60 |  $TMO | THERMO FISHER SCIENTIFIC INC. | $100.1M | 0.3% | -1% | 65.1 |
| 61 |  $NTAP | NetApp, Inc. | $99.3M | 0.3% | -18% | 66.8 |
| 62 | — | VANGUARD INDEX FDS - SM CP VAL ETF | $92.9M | 0.3% | +0% | — |
| 63 |  $DIS | Walt Disney Co | $91.8M | 0.3% | -1% | 60.1 |
| 64 |  $CVS | CVS HEALTH Corp | $90.5M | 0.3% | -0% | 59.4 |
| 65 |  $CAH | CARDINAL HEALTH INC | $89.5M | 0.3% | -0% | 62.4 |
| 66 |  $VZ | VERIZON COMMUNICATIONS INC | $88.6M | 0.3% | -1% | 65.8 |
| 67 |  $UNP | UNION PACIFIC CORP | $85.9M | 0.3% | -0% | 69.7 |
| 68 |  $ADBE | ADOBE INC. | $85.7M | 0.3% | +16% | 77.6 |
| 69 |  $PFE | PFIZER INC | $83.4M | 0.3% | -0% | 62 |
| 70 |  $ISRG | INTUITIVE SURGICAL INC | $82.3M | 0.3% | -0% | 79.9 |
| 71 |  $BMY | BRISTOL MYERS SQUIBB CO | $80.9M | 0.2% | -0% | 70.4 |
| 72 |  $REGN | REGENERON PHARMACEUTICALS, INC. | $79.7M | 0.2% | -0% | 71 |
| 73 |  $PH | Parker-Hannifin Corp | $79.4M | 0.2% | -0% | 65.8 |
| 74 |  $UNH | UNITEDHEALTH GROUP INC | $79.3M | 0.2% | -1% | 62.7 |
| 75 |  $UBER | Uber Technologies, Inc | $76.5M | 0.2% | -1% | 73.5 |
| 76 |  $VTR | Ventas, Inc. | $75.9M | 0.2% | +0% | 62.5 |
| 77 |  $COP | CONOCOPHILLIPS | $75.5M | 0.2% | -1% | 70.2 |
| 78 | — | VANGUARD SCOTTSDALE FDS - INTER TERM TREAS | $75.2M | 0.2% | +0% | — |
| 79 |  $URI | UNITED RENTALS, INC. | $74.9M | 0.2% | -0% | 63.9 |
| 80 |  $JCI | Johnson Controls International plc | $74.1M | 0.2% | -0% | — |
| 81 |  $ORCL | ORACLE CORP | $73.3M | 0.2% | +39% | 66.2 |
| 82 |  $CB | Chubb Ltd | $73.0M | 0.2% | -17% | — |
| 83 |  $SNDK | Sandisk Corp | $70.7M | 0.2% | -1% | 87.7 |
| 84 |  $HCA | HCA Healthcare, Inc. | $68.1M | 0.2% | -0% | 68.9 |
| 85 |  $YUM | YUM BRANDS INC | $67.7M | 0.2% | -0% | 73.7 |
| 86 |  $MRK | Merck & Co., Inc. | $66.7M | 0.2% | -2% | 59.9 |
| 87 |  $GEV | GE Vernova Inc. | $66.3M | 0.2% | -1% | 81.1 |
| 88 |  $WDAY | Workday, Inc. | $66.1M | 0.2% | +59% | 75.5 |
| 89 |  $MRVL | Marvell Technology, Inc. | $66.1M | 0.2% | +174% | 76.5 |
| 90 |  $NOC | NORTHROP GRUMMAN CORP /DE/ | $65.5M | 0.2% | -0% | 62.9 |
| 91 |  $MKSI | MKS INC | $64.9M | 0.2% | -8% | 61.2 |
| 92 |  $CCZ | COMCAST CORP | $64.8M | 0.2% | -1% | 59.5 |
| 93 |  $CTVA | Corteva, Inc. | $63.9M | 0.2% | -0% | 47.2 |
| 94 |  $TDG | TransDigm Group INC | $61.2M | 0.2% | -1% | 68 |
| 95 |  $GM | General Motors Co | $60.7M | 0.2% | -0% | 54.3 |
| 96 |  $CW | CURTISS WRIGHT CORP | $60.6M | 0.2% | -8% | 69.5 |
| 97 |  $NVT | nVent Electric plc | $59.7M | 0.2% | -8% | — |
| 98 |  $AMT | AMERICAN TOWER CORP /MA/ | $58.7M | 0.2% | -0% | 66.3 |
| 99 |  $CL | COLGATE PALMOLIVE CO | $58.7M | 0.2% | -0% | 61.3 |
| 100 |  $EMR | EMERSON ELECTRIC CO | $58.4M | 0.2% | -0% | 65.3 |
| 101 |  $SHW | SHERWIN WILLIAMS CO | $58.2M | 0.2% | -0% | 61.3 |
| 102 |  $PANW | Palo Alto Networks Inc | $58.1M | 0.2% | -1% | 65.5 |
| 103 |  $MMM | 3M CO | $57.4M | 0.2% | -1% | 64.9 |
| 104 |  $CTSH | COGNIZANT TECHNOLOGY SOLUTIONS CORP | $56.8M | 0.2% | -0% | 64.1 |
| 105 |  $MNST | Monster Beverage Corp | $56.7M | 0.2% | +289% | 71.3 |
| 106 |  $ATI | ATI INC | $56.5M | 0.2% | -8% | 63.1 |
| 107 |  $RCL | ROYAL CARIBBEAN CRUISES LTD | $56.4M | 0.2% | -1% | — |
| 108 |  $PLTR | Palantir Technologies Inc. | $56.3M | 0.2% | -1% | 84.6 |
| 109 |  $SPG | SIMON PROPERTY GROUP INC. | $55.8M | 0.2% | -0% | 76.7 |
| 110 | — | VANGUARD SCOTTSDALE FDS - SHRT TRM CORP BD | $55.8M | 0.2% | +0% | — |
| 111 |  $WWD | Woodward, Inc. | $54.6M | 0.2% | -8% | 67.3 |
| 112 |  $PEP | PEPSICO INC | $54.2M | 0.2% | -1% | 63.4 |
| 113 |  $DAL | DELTA AIR LINES, INC. | $54.2M | 0.2% | -0% | 57.5 |
| 114 |  $ETR | ENTERGY CORP /DE/ | $54.2M | 0.2% | -21% | 59.5 |
| 115 |  $RTX | RTX Corp | $53.7M | 0.2% | -1% | 73.2 |
| 116 |  $CCI | CROWN CASTLE INC. | $53.0M | 0.2% | -0% | 61.7 |
| 117 |  $KMI | KINDER MORGAN, INC. | $52.2M | 0.2% | -0% | 71.3 |
| 118 |  $WM | WASTE MANAGEMENT INC | $51.5M | 0.2% | -1% | 67.6 |
| 119 |  $TWLO | TWILIO INC | $50.9M | 0.1% | -33% | 70.4 |
| 120 |  $PKG | PACKAGING CORP OF AMERICA | $50.5M | 0.1% | -0% | 63 |
| 121 |  $LIN | LINDE PLC | $50.4M | 0.1% | -2% | — |
| 122 |  $MDLZ | Mondelez International, Inc. | $50.3M | 0.1% | -0% | 56.4 |
| 123 |  $ADP | AUTOMATIC DATA PROCESSING INC | $49.9M | 0.1% | -1% | 69.8 |
| 124 |  $CI | Cigna Group | $49.5M | 0.1% | -0% | 66.2 |
| 125 |  $HPQ | HP INC | $49.5M | 0.1% | +1058% | 59.3 |
| 126 |  $WEC | WEC ENERGY GROUP, INC. | $49.1M | 0.1% | -0% | 60.1 |
| 127 |  $BSX | BOSTON SCIENTIFIC CORP | $48.9M | 0.1% | +264% | 77.5 |
| 128 |  $ITW | ILLINOIS TOOL WORKS INC | $48.7M | 0.1% | -0% | 63.6 |
| 129 |  $UTHR | UNITED THERAPEUTICS Corp | $48.5M | 0.1% | -9% | 71.3 |
| 130 |  $AZO | AUTOZONE INC | $46.8M | 0.1% | +13% | 66.2 |
| 131 |  $AFL | AFLAC INC | $46.6M | 0.1% | -14% | 61.3 |
| 132 |  $NKE | NIKE, Inc. | $46.4M | 0.1% | -0% | 49.3 |
| 133 |  $WDC | WESTERN DIGITAL CORP | $46.2M | 0.1% | +1% | 80.7 |
| 134 |  $AJG | Arthur J. Gallagher & Co. | $46.0M | 0.1% | -0% | 71.2 |
| 135 |  $APH | AMPHENOL CORP /DE/ | $45.6M | 0.1% | -1% | 79.3 |
| 136 |  $STX | Seagate Technology Holdings plc | $45.5M | 0.1% | +2% | — |
| 137 |  $T | AT&T INC. | $45.4M | 0.1% | -1% | 65.7 |
| 138 |  $DLR | DIGITAL REALTY TRUST, INC. | $44.8M | 0.1% | +0% | 72.8 |
| 139 |  $RS | RELIANCE, INC. | $44.7M | 0.1% | -9% | 50.9 |
| 140 |  $MTCH | Match Group, Inc. | $44.5M | 0.1% | -41% | 63.1 |
| 141 |  $EXEL | EXELIXIS, INC. | $44.1M | 0.1% | -7% | 76.2 |
| 142 |  $O | REALTY INCOME CORP | $43.9M | 0.1% | +0% | 73.7 |
| 143 |  $USFD | US Foods Holding Corp. | $43.2M | 0.1% | -9% | 58.4 |
| 144 |  $EXC | EXELON CORP | $43.0M | 0.1% | -0% | 59.6 |
| 145 |  $ZM | Zoom Communications, Inc. | $42.6M | 0.1% | -35% | 70.5 |
| 146 |  $GLW | CORNING INC /NY | $42.0M | 0.1% | -1% | 73.7 |
| 147 |  $CRS | CARPENTER TECHNOLOGY CORP | $41.7M | 0.1% | -13% | 64.6 |
| 148 |  $NI | NISOURCE INC. | $41.1M | 0.1% | -0% | 62.6 |
| 149 |  $MCHP | MICROCHIP TECHNOLOGY INC | $40.9M | 0.1% | -0% | 52.9 |
| 150 |  $CRWD | CrowdStrike Holdings, Inc. | $40.8M | 0.1% | -0% | 67.7 |
New Positions (16)
$ROKU ROKU, INC$24.1M
$CDE Coeur Mining, Inc.$17.4M
$SANM SANMINA CORP$16.5M
$SMTC SEMTECH CORP$16.4M
$HONA Honeywell Aerospace Inc.$14.7M
$TOST Toast, Inc.$13.5M
$DOCN DigitalOcean Holdings, Inc.$13.2M
$VIAV VIAVI SOLUTIONS INC.$12.6M
$SN SharkNinja, Inc.$11.1M
$SUNB Sunbelt Rentals Holdings, Inc.$9.3M
$IESC IES Holdings, Inc.$6.7M
$SIRI SIRIUS XM HOLDINGS INC.$5.8M
$VEEV VEEVA SYSTEMS INC$5.6M
$FDXF FedEx Freight Holding Company, Inc.$3.4M
$TIGO MILLICOM INTERNATIONAL CELLULAR SA$2.7M
Browse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for Retirement Systems of Alabama including:
Track Retirement Systems of Alabama's Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for Retirement Systems of Alabama and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: Retirement Systems of Alabama
13F Pro is an AI hedge fund tracker and stock research platform. For Retirement Systems of Alabama (SEC CIK: 1593051), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Retirement Systems of Alabama's portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.