Latest Retirement Systems of Alabama Stock Portfolio

Retirement Systems of Alabama Performance:

2025 Q4: -0.49%YTD: 9.77%2024: 17.46%

Performance for 2025 Q4 is -0.49%, and YTD is 9.77%, and 2024 is 17.46%.

About Retirement Systems of Alabama and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Retirement Systems of Alabama reported an equity portfolio of $30.8 Billions as of 31 Dec, 2025.

The top stock holdings of Retirement Systems of Alabama are NVDA, AAPL, MSFT. The fund has invested 5.4% of it's portfolio in NVIDIA CORPORATION and 4.6% of portfolio in APPLE INC.

The fund managers got completely rid off TERADATA CORP DEL (TDC), LIGHT & WONDER INC (LNW) and ZIFF DAVIS INC (ZD) stocks. They significantly reduced their stock positions in CONAGRA BRANDS INC (CAG), HUNT J B TRANS SVCS INC (JBHT) and COMFORT SYS USA INC (FIX). Retirement Systems of Alabama opened new stock positions in ARCELORMITTAL SA LUXEMBOURG, PINTEREST INC (PINS) and BOOZ ALLEN HAMILTON HLDG COR (BAH). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), WORKDAY INC (WDAY) and SERVICENOW INC (NOW).

Retirement Systems of Alabama Annual Return Estimates Vs S&P 500

Our best estimate is that Retirement Systems of Alabama made a return of -0.49% in the last quarter. In trailing 12 months, it's portfolio return was 9.77%.

Performance
S&P 500

New Buys

Ticker	$ Bought
arcelormittal sa luxembourg	30,721,000
pinterest inc	27,556,000
booz allen hamilton hldg cor	17,840,600
crh plc	17,795,100
spx technologies inc	17,307,600
hecla mng co	15,433,100
carvana co	12,696,000
dycom inds inc	11,741,700

New stocks bought by Retirement Systems of Alabama

Additions

Ticker	% Inc.
netflix inc	896
workday inc	431
servicenow inc	397
corebridge finl inc	241
cvs health corp	224
nutanix inc	123
gatx corp	112
antero resources corp	99.99

Additions to existing portfolio by Retirement Systems of Alabama

Reductions

Ticker	% Reduced
unitedhealth group inc	-53.01
hologic inc	-47.75
coca cola cons inc	-46.15
chart inds inc	-25.72
micron technology inc	-25.39
fox corp	-22.92
warner bros discovery inc	-20.89
abercrombie & fitch co	-15.93

Retirement Systems of Alabama reduced stake in above stock

Sold off

None of the stocks were completely sold off by Retirement Systems of Alabama

Sector Distribution

Retirement Systems of Alabama has about 28.2% of it's holdings in Technology sector.

Sector	%
Technology	28.2
Financial Services	11.1
Others	10
Consumer Cyclical	9.9
Industrials	9.4
Healthcare	8.5
Communication Services	7.5
Real Estate	4.3
Consumer Defensive	4.3
Energy	2.8
Utilities	2
Basic Materials	1.7

Market Cap. Distribution

Retirement Systems of Alabama has about 77.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	40.3
MEGA-CAP	37.4
MID-CAP	12.2
UNALLOCATED	10.1

Stocks belong to which Index?

About 74.2% of the stocks held by Retirement Systems of Alabama either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	70.5
Others	25.8
RUSSELL 2000	3.7

Top 5 Winners (%)		%
LITE	lumentum hldgs inc	125.4 %
ALB	albemarle corp	74.3 %
COHR	coherent corp	71.1 %
HAE	haemonetics corp mass	63.3 %
MU	micron technology inc	61.6 %

Top 5 Winners ($)		$
GOOG	alphabet inc	138.4 M
GOOG	alphabet inc	111.1 M
AAPL	apple inc	90.1 M
MU	micron technology inc	60.9 M
LLY	eli lilly & co	52.8 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.6 %
NOW	servicenow inc	-75.0 %
TPL	texas pacific land corporati	-60.0 %
	fiserv inc	-47.6 %
DUOL	duolingo inc	-45.5 %

Top 5 Losers ($)		$
NFLX	netflix inc	-813.2 M
NOW	servicenow inc	-101.7 M
MSFT	microsoft corp	-90.3 M
META	meta platforms inc	-52.2 M
ORCL	oracle corp	-30.7 M

Retirement Systems of Alabama Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Retirement Systems of Alabama

Retirement Systems of Alabama has 943 stocks in it's portfolio. About 27.7% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Retirement Systems of Alabama last quarter.

Last Reported on: 15 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.05	310,799	16,515,900	reduced	-0.72

AAL	american airls group inc	0.05	1,040,210	15,946,400	reduced	-0.53

AAON	aaon inc	0.05	214,278	16,338,700	reduced	-0.28

AAPL	apple inc	4.61	5,220,260	1,419,180,000	reduced	-0.42

ABBV	abbvie inc	0.59	795,237	181,704,000	reduced	-0.11

ABC	cencora inc	0.04	41,244	13,930,200	reduced	-0.28

ABNB	airbnb inc	0.04	90,474	12,279,100	reduced	-1.16

ABT	abbott labs	0.15	369,919	46,347,200	reduced	-0.36

ACM	aecom	0.10	339,765	32,389,800	added	8.89

ACN	accenture plc ireland	0.12	131,924	35,395,200	reduced	-0.71

ADBE	adobe inc	0.37	328,678	115,034,000	reduced	-0.44

ADI	analog devices inc	0.09	104,656	28,382,700	reduced	-1.14

ADP	automatic data processing in	0.19	225,077	57,896,600	reduced	-0.16

ADSK	autodesk inc	0.04	45,312	13,412,800	reduced	-0.74

AEP	american elec pwr co inc	0.04	113,868	13,130,100	reduced	-0.19

AFG	american finl group inc ohio	0.07	162,582	22,221,700	reduced	-0.37

AFL	aflac inc	0.17	463,426	51,102,000	reduced	-0.5

AGCO	agco corp	0.04	110,835	11,562,300	reduced	-0.49

AIT	applied indl technologies in	0.08	91,012	23,369,200	reduced	-0.85

AJG	gallagher arthur j & co	0.17	201,020	52,022,000	reduced	-0.03