Latest Retirement Systems of Alabama Stock Portfolio

Retirement Systems of Alabama Performance:

2024 Q3: 4.39%YTD: 7.69%2023: 18.06%

Performance for 2024 Q3 is 4.39%, and YTD is 7.69%, and 2023 is 18.06%.

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 $26.7 Billions as of 30 Sep, 2024.

The top stock holdings of Retirement Systems of Alabama are AAPL, MSFT, NVDA. The fund has invested 4.7% of it's portfolio in APPLE INC and 4.3% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off WESTROCK CO (WRK), TE CONNECTIVITY LTD (TEL) and EQUITRANS MIDSTREAM CORP (ETRN) stocks. They significantly reduced their stock positions in JUNIPER NETWORKS INC (JNPR), PPL CORP (PPL) and APA CORPORATION (APA). Retirement Systems of Alabama opened new stock positions in SMURFIT WESTROCK PLC, AVANTOR INC (AVTR) and PALANTIR TECHNOLOGIES INC (PLTR). The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), MATCH GROUP INC NEW (MTCH) and NISOURCE INC (NI).

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

Our best estimate is that Retirement Systems of Alabama made a return of 4.39% in the last quarter. In trailing 12 months, it's portfolio return was 17.55%.

New Buys

Ticker	$ Bought
smurfit westrock plc	36,860,800
avantor inc	21,364,500
palantir technologies inc	16,372,400
cnh indl n v	13,124,900
viper energy inc	12,980,100
western alliance bancorp	11,461,000
fabrinet	10,381,600
te connectivity plc	10,013,700

New stocks bought by Retirement Systems of Alabama

Additions

Ticker	% Inc.
deckers outdoor corp	3,428
match group inc new	2,732
nisource inc	793
alliant energy corp	698
mettler toledo international	610
wec energy group inc	518
eversource energy	518
tetra tech inc new	393

Additions to existing portfolio by Retirement Systems of Alabama

Reductions

Ticker	% Reduced
public svc enterprise grp in	-79.5
autozone inc	-70.75
dominion energy inc	-69.53
medtronic plc	-68.21
eog res inc	-67.81
altria group inc	-60.64
boeing co	-58.84
danaher corporation	-57.64

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 24.7% of it's holdings in Technology sector.

Sector	%
Technology	24.7
Financial Services	10.6
Consumer Cyclical	10.5
Healthcare	10.1
Industrials	9.7
Others	9.1
Communication Services	6.4
Real Estate	5.4
Consumer Defensive	5.1
Energy	3.4
Basic Materials	2.4
Utilities	2.1

Market Cap. Distribution

Retirement Systems of Alabama has about 77.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	42.4
MEGA-CAP	35
MID-CAP	13.1
UNALLOCATED	9.3

Stocks belong to which Index?

About 74% 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	26
RUSSELL 2000	3.5

Top 5 Winners (%)		%
VNO	vornado rlty tr	49.3 %
MHK	mohawk inds inc	41.3 %
BLDR	builders firstsource inc	39.7 %
K	kellanova	39.6 %
CBRE	cbre group inc	39.5 %

Top 5 Winners ($)		$
AAPL	apple inc	121.2 M
TSLA	tesla inc	55.3 M
META	meta platforms inc	49.6 M
IBM	international business machs	35.6 M
UNH	unitedhealth group inc	31.0 M

Top 5 Losers (%)		%
DECK	deckers outdoor corp	-82.3 %
TTEK	tetra tech inc new	-77.5 %
CTAS	cintas corp	-72.3 %
SMCI	super micro computer inc	-55.7 %
WOLF	wolfspeed inc	-48.9 %

Top 5 Losers ($)		$
DECK	deckers outdoor corp	-147.7 M
TTEK	tetra tech inc new	-63.4 M
MSFT	microsoft corp	-48.7 M
CTAS	cintas corp	-40.0 M
GOOG	alphabet inc	-35.1 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 944 stocks in it's portfolio. About 24.4% of the portfolio is in top 10 stocks. DECK proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Retirement Systems of Alabama last quarter.

Last Reported on: 06 Dec, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.04	313,822	12,107,300	added	41.6

AAPL	apple inc	4.68	5,366,330	1,250,360,000	reduced	-1.28

ABBV	abbvie inc	0.67	901,128	177,955,000	reduced	-5.68

ABNB	airbnb inc	0.16	341,031	43,246,100	added	5.71

ABT	abbott labs	0.16	378,380	43,139,100	reduced	-1.4

ACGL	arch cap group ltd	0.15	355,321	39,753,300	reduced	-6.89

ACM	aecom	0.12	314,740	32,503,200	added	0.07

ACN	accenture plc ireland	0.18	136,474	48,240,800	reduced	-1.6

ADBE	adobe inc	0.19	97,696	50,585,000	reduced	-1.14

ADI	analog devices inc	0.09	107,674	24,783,300	reduced	-1.57

ADP	automatic data processing in	0.24	231,745	64,130,800	reduced	-4.88

ADSK	autodesk inc	0.05	47,175	12,995,800	reduced	-0.03

AEP	american elec pwr co inc	0.04	116,437	11,946,400	added	0.14

AFG	american finl group inc ohio	0.09	171,354	23,064,200	added	1.01

AFL	aflac inc	0.18	434,777	48,608,100	reduced	-7.19

AIG	american intl group inc	0.04	140,520	10,290,300	reduced	-4.02

AIT	applied indl technologies in	0.08	92,342	20,604,300	reduced	-4.41

AJG	gallagher arthur j & co	0.18	174,364	49,060,800	reduced	-15.3

AKAM	akamai technologies inc	0.32	837,155	84,510,800	added	20.04

ALL	allstate corp	0.04	57,896	10,980,000	reduced	-0.55