Latest Retirement Systems of Alabama Stock Portfolio

$25.85Billion– No. of Holdings #941

Retirement Systems of Alabama Performance:

2024 Q2: -5.15%YTD: 3.15%2023: 18.16%

Performance for 2024 Q2 is -5.15%, and YTD is 3.15%, and 2023 is 18.16%.

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 $25.9 Billions as of 30 Jun, 2024.

The top stock holdings of Retirement Systems of Alabama are MSFT, NVDA, AAPL. The fund has invested 5% of it's portfolio in MICROSOFT CORP and 4.4% of portfolio in NVIDIA CORPORATION.

The fund managers got completely rid off APARTMENT INCOME REIT CORP (AIRC), SHOCKWAVE MED INC (SWAV) and PIONEER NAT RES CO (PXD) stocks. They significantly reduced their stock positions in DARDEN RESTAURANTS INC (DRI), VISTRA CORP (VST) and KELLANOVA (K). Retirement Systems of Alabama opened new stock positions in RB GLOBAL INC (RBA), CROWDSTRIKE HLDGS INC (CRWD) and BIOMARIN PHARMACEUTICAL INC (BMRN). The fund showed a lot of confidence in some stocks as they added substantially to FOX CORP (FOX), WARNER BROS DISCOVERY INC (WBD) and ILLUMINA INC (ILMN).

Retirement Systems of Alabama Equity Portfolio Value

Last Reported on: 24 Jul, 2024

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

Our best estimate is that Retirement Systems of Alabama made a return of -5.15% in the last quarter. In trailing 12 months, it's portfolio return was 9.17%.

New Buys

Ticker	$ Bought
rb global inc	21,723,800
crowdstrike hldgs inc	19,498,200
biomarin pharmaceutical inc	19,294,800
sarepta therapeutics inc	18,433,400
texas pacific land corporati	16,875,700
kkr & co inc	15,450,800
warner music group corp	10,491,000
ge vernova inc	10,369,700

New stocks bought by Retirement Systems of Alabama

Additions

Ticker	% Inc.
fox corp	1,727
warner bros discovery inc	781
illumina inc	460
lululemon athletica inc	344
scotts miracle-gro co	309
mondelez intl inc	204
chipotle mexican grill inc	204
dropbox inc	154

Additions to existing portfolio by Retirement Systems of Alabama

Reductions

Ticker	% Reduced
paypal hldgs inc	-78.14
nike inc	-65.46
alcoa corp	-61.04
disney walt co	-59.11
simon ppty group inc new	-46.45
digital rlty tr inc	-46.32
kroger co	-30.35
costco whsl corp new	-21.55

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 25.8% of it's holdings in Technology sector.

Sector	%
Technology	25.8
Consumer Cyclical	10.5
Financial Services	10.4
Healthcare	10.1
Industrials	9.4
Others	8.6
Communication Services	6.7
Consumer Defensive	5.4
Real Estate	4.9
Energy	3.9
Basic Materials	2.2
Utilities	2

Market Cap. Distribution

Retirement Systems of Alabama has about 78.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	41.8
MEGA-CAP	36.7
MID-CAP	12.8
UNALLOCATED	8.6

Stocks belong to which Index?

About 75.6% of the stocks held by Retirement Systems of Alabama either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	72
Others	24.4
RUSSELL 2000	3.6

Top 5 Winners (%)		%
GME	gamestop corp new	96.5 %
UTHR	united therapeutics corp del	38.0 %
CRUS	cirrus logic inc	37.6 %
NVDA	nvidia corporation	35.6 %
FSLR	first solar inc	33.5 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	307.9 M
AAPL	apple inc	214.8 M
MSFT	microsoft corp	75.2 M
GOOG	alphabet inc	68.4 M
AVGO	broadcom inc	64.2 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-97.1 %
SEDG	solaredge technologies inc	-64.4 %
WBA	walgreens boots alliance inc	-44.2 %
APH	amphenol corp new	-42.9 %
FIVE	five below inc	-39.7 %

Top 5 Losers ($)		$
CMG	chipotle mexican grill inc	-1909.4 M
PLD	prologis inc.	-19.9 M
DIS	disney walt co	-19.5 M
BMY	bristol-myers squibb co	-17.7 M
HD	home depot inc	-17.4 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 941 stocks in it's portfolio. About 25.4% of the portfolio is in top 10 stocks. CMG proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Retirement Systems of Alabama last quarter.

Last Reported on: 24 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.03	221,621	8,816,080	reduced	-61.04

AAPL	apple inc	4.43	5,435,710	1,144,870,000	reduced	-2.45

ABBV	abbvie inc	0.63	955,408	163,872,000	reduced	-3.43

ABNB	airbnb inc	0.19	322,624	48,919,500	reduced	-3.65

ABT	abbott labs	0.15	383,745	39,874,900	added	0.15

ACGL	arch cap group ltd	0.15	381,608	38,500,400	reduced	-4.33

ACM	aecom	0.11	314,514	27,721,300	reduced	-0.88

ACN	accenture plc ireland	0.16	138,691	42,080,200	added	0.22

ADBE	adobe inc	0.21	98,823	54,900,100	reduced	-0.94

ADI	analog devices inc	0.10	109,391	24,969,600	reduced	-0.04

ADP	automatic data processing in	0.22	243,634	58,153,000	reduced	-3.77

ADSK	autodesk inc	0.04	47,188	11,676,700	reduced	-0.06

AEP	american elec pwr co inc	0.04	116,278	10,202,200	added	0.18

AFG	american finl group inc ohio	0.08	169,640	20,869,100	reduced	-0.69

AFL	aflac inc	0.16	468,474	41,839,400	reduced	-4.74

AGG	ishares tr	1.51	9,183,850	391,140,000	unchanged	0.00

AGG	ishares tr	0.10	335,666	26,292,700	unchanged	0.00

AGG	ishares tr	0.06	29,489	16,137,300	reduced	-3.4

AGG	ishares tr	0.03	83,530	8,909,310	unchanged	0.00

AIG	american intl group inc	0.04	146,399	10,868,700	reduced	-5.52