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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 8 of 9  ·  172 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 FG F&G ANNUITIES & LIFE INC Financial Services 11,093.0 $281K 0.00% +1K +12.2% $25.32 +19.3%
142 MUX MCEWEN INC. Basic Materials 13,608.0 $278K 0.00% +741.0 +5.8% $20.42 -12.9%
143 ENVX ENOVIX CORPORATION Industrials 53,351.0 $276K 0.00% +5K +10.4% $5.18 -6.8%
144 XERS XERIS BIOPHARMA HOLDINGS INC Healthcare 45,575.0 $264K 0.00% +306.0 +0.7% $5.80 +51.4%
145 EVLV EVOLV TECHNOLOGIES HLDNGS IN Industrials 43,167.0 $261K 0.00% +10K +28.3% $6.05 -6.9%
146 TIC TIC SOLUTIONS INC Industrials 39,535.0 $260K 0.00% +612.0 +1.6% $6.58 +6.4%
147 RVLV REVOLVE GROUP INC Consumer Cyclical 11,105.0 $251K 0.00% +168.0 +1.5% $22.61 +12.2%
148 RAPP RAPPORT THERAPEUTICS INC Healthcare 7,854.0 $246K 0.00% +128.0 +1.7% $31.29 +36.0%
149 RDW REDWIRE CORPORATION Industrials 27,246.0 $232K 0.00% +7K +35.1% $8.50 +10.8%
150 COUR COURSERA INC Consumer Defensive 39,202.0 $228K 0.00% +416.0 +1.1% $5.82 -7.9%
151 TLRY TILRAY BRANDS INC Healthcare 32,001.0 $207K 0.00% +822.0 +2.6% $6.47 -34.5%
152 CXM SPRINKLR INC Technology 33,955.0 $204K 0.00% +253.0 +0.8% $6.00 -3.5%
153 FMNB FARMERS NATIONAL BANC CORP Financial Services 15,306.0 $201K 0.00% +5K +46.3% $13.16 +10.8%
154 LIND LINDBLAD EXPEDITIONS HLDGS I Consumer Cyclical 10,652.0 $184K 0.00% +105.0 +1.0% $17.30 +64.5%
155 NIOCORP DEVS LTD 39,918.0 $178K 0.00% +9K +28.3% $4.46
156 PRCH PORCH GROUP INC Technology 22,912.0 $164K 0.00% +4K +23.6% $7.17 +83.4%
157 UTZ UTZ BRANDS INC Consumer Defensive 20,431.0 $162K 0.00% +149.0 +0.7% $7.92 +77.5%
158 HTZ HERTZ GLOBAL HLDGS INC Industrials 34,235.0 $158K 0.00% +504.0 +1.5% $4.61 -59.9%
159 GOOD GLADSTONE COMMERCIAL CORP Real Estate 13,294.0 $152K 0.00% +246.0 +1.9% $11.43 +14.8%
160 FIP FTAI INFRASTRUCTURE INC Industrials 30,346.0 $150K 0.00% +218.0 +0.7% $4.94 -13.0%
Page 8 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%