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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 87 of 103  ·  2,051 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1721 SHLS SHOALS TECHNOLOGIES GROUP IN Energy 45,977.0 $303K 0.00% -587.0 -1.3% $6.58 +56.4%
1722 PRGS PROGRESS SOFTWARE CORP Technology 11,785.0 $302K 0.00% -163.0 -1.4% $25.65 +48.4%
1723 AI C3 AI INC Technology 35,858.0 $302K 0.00% +551.0 +1.6% $8.42 -0.9%
1724 CNMD CONMED CORP Healthcare 8,507.0 $301K 0.00% -190.0 -2.2% $35.36 +17.3%
1725 BY BYLINE BANCORP INC Financial Services 9,448.0 $298K 0.00% -175.0 -1.8% $31.57 +18.4%
1726 TTI TETRA TECHNOLOGIES INC DEL Energy 34,938.0 $298K 0.00% -192.0 -0.6% $8.52 +8.7%
1727 SAFT SAFETY INS GROUP INC Financial Services 4,090.0 $297K 0.00% -27.0 -0.7% $72.64 +0.2%
1728 IOVA IOVANCE BIOTHERAPEUTICS INC Healthcare 84,484.0 $297K 0.00% -1K -1.2% $3.51 +48.2%
1729 AEHR AEHR TEST SYS Technology 7,992.0 $296K 0.00% NEW $37.08 +168.0%
1730 SCL STEPAN CO Basic Materials 5,905.0 $295K 0.00% -64.0 -1.1% $49.98 +16.8%
1731 ORKA ORUKA THERAPEUTICS INC Healthcare 5,980.0 $293K 0.00% NEW $49.05 +92.2%
1732 FIVN FIVE9 INC Technology 19,335.0 $293K 0.00% $15.17 +54.3%
1733 ALK ALASKA AIR GROUP INC Industrials 7,966.0 $293K 0.00% $36.78 +18.0%
1734 PZZA PAPA JOHNS INTL INC Consumer Cyclical 9,006.0 $292K 0.00% -139.0 -1.5% $32.41 +0.9%
1735 GSHD GOOSEHEAD INS INC Financial Services 6,842.0 $292K 0.00% -221.0 -3.1% $42.66 +22.0%
1736 CRAI CRA INTL INC Industrials 1,803.0 $292K 0.00% -43.0 -2.3% $161.88 +2.9%
1737 TRIP TRIPADVISOR INC Consumer Cyclical 27,295.0 $291K 0.00% -304.0 -1.1% $10.66 +29.2%
1738 PNTG PENNANT GROUP INC Healthcare 9,502.0 $290K 0.00% $30.48 +32.5%
1739 MBC MASTERBRAND INC Consumer Cyclical 34,790.0 $289K 0.00% -354.0 -1.0% $8.31 +0.9%
1740 GIII G III APPAREL GROUP LTD Consumer Cyclical 10,429.0 $289K 0.00% $27.70 +28.7%
Page 87 of 103  ·  2,051 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%