Arkolith/Funds/Retirement Systems of Alabama

Retirement Systems of Alabama

CIK 1593051Pension / sovereign
Holdings as of Mar 31, 2026·disclosed Apr 24, 2026·~24-day 13F lag·One quarter behind·13F-HR
Inactive

Retirement Systems of Alabama holds a diversified book of 947 reported positions worth $30.0B as of Q1 2026 (disclosed Apr 24, 2026, a ~24-day 13F lag). This quarter they opened Pinnacle Financial Partners and trimmed Nvidia Corp. Their largest long position is Nvidia Corp at 5% of the reported non-option book. Cloning the disclosed picks since 2015 would be +324% (+13.3%/yr). That is a simulation of the disclosed long book, not audited returns.

Retirement Systems of Alabama is a pension or sovereign fund: this book is a long-horizon allocation, often run by external managers.

Trimmed
494
sold some, still holds it
+491 more · largest first
Sold out
14
exited the position entirely
+11 more · largest first, by prior value

Growth of $10,000: cloning the disclosed book

If you'd copied them
+324.2%
+13.3%/yr · since Feb '15
Their reported book
+355.6%
held from quarter-end
S&P 500
+349.4%
same window
$9K$18K$27K$36K$45KFeb '15May '17Oct '19Jan '22Jun '24Sep '26
Retirement Systems of Alabama (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +355.6%, a 31.4-point gap that is the cost of the ~24-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Retirement Systems of Alabama's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~24 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
18%
Top 10 holdings
26%
Top 20 holdings
35%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

92% mapped to company sectors

Information Technology
31%
Financials
12%
Industrials
12%
Consumer Discretionary
10%
Health Care
8%
ETFs / funds
7%
Real Estate
5%
Materials
4%

+5 sectors below the cut, 11% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Retirement Systems of Alabama

Manager / fundShared namesTheir $ in those
Prospect Hill Management, LLC14 / 80$257.5M
Innovator Capital Management, LLC8 / 80$2.9B
Uhlmann Price Securities, LLC53 / 80$2.5B
Greenbrier Partners Capital Management, LLC8 / 80$1.2B
Draper Asset Management, LLC11 / 80$178.8M
Conway Capital Management, Inc.18 / 80$201.7M
Hoey Investments, Inc65 / 80$687.5M
Financial Avengers, Inc.43 / 80$213.6M

Ranked by the share of each fund's own book sitting in the names it shares with Retirement Systems of Alabama: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

947 positions
#SecurityValueShares% PortLast moveHistory
1Nvidia Corporation
COM
$1.5B8.85M
5.1%
−0.1%
Reduced · −9K sh
2Apple Inc
COM
$1.3B5.19M
4.4%
−0.5%
Reduced · −26K sh
3Microsoft Corp
COM
$957.8M2.59M
3.2%
−1.5%
Reduced · −40K sh
4Amazon Com Inc
COM
$829.9M3.98M
2.8%
+6.5%
Added · +243K sh
5Broadcom Inc
COM
$652.6M2.11M
2.2%
+0.1%
Added · +2K sh
6Alphabet Inc
CAP STK CL A
$568.6M1.98M
1.9%
−0.1%
Reduced · −1K sh
7Ishares Inc
CORE MSCI EMKT
$529.0M7.58M
1.8%
Held
8Ishares TR
MSCI EMG MKT ETF
$518.6M9.13M
1.7%
Held
9Alphabet Inc
CAP STK CL C
$453.9M1.58M
1.5%
+0.2%
Added · +4K sh
10Dimensional ETF Trust
EMGR CRE EQT MNG
$429.0M12.67M
1.4%
Held
11Meta Platforms Inc
CL A
$402.8M704.0K
1.3%
+0.2%
Added · +1K sh
12Berkshire Hathaway Inc Del
CL B NEW
$355.2M741.3K
1.2%
−0.1%
Reduced · −692 sh
13Tesla Inc
COM
$299.6M805.8K
1.0%
+7.1%
Added · +54K sh
14Johnson & Johnson
COM
$296.5M1.21M
1.0%
−0.1%
Reduced · −781 sh
15JPMorgan Chase & Co
COM
$257.6M875.6K
0.9%
−7.1%
Reduced · −67K sh
16Exxon Mobil Corp
COM
$237.7M1.40M
0.8%
−0.7%
Reduced · −10K sh
17Chevron Corporation
COM
$237.1M1.15M
0.8%
−0.4%
Reduced · −5K sh
18Vanguard BD Index FDS
TOTAL BND MRKT
$236.8M3.22M
0.8%
+7.1%
Added · +214K sh
19Visa Inc
COM CL A
$222.4M736.0K
0.7%
−0.3%
Reduced · −2K sh
20Cisco Sys Inc
COM
$212.9M2.74M
0.7%
~0%
Added · +716 sh
21Walmart Inc
COM
$203.6M1.64M
0.7%
−6.8%
Reduced · −120K sh
22Costco Wholesale Corporation
COM
$193.8M194.4K
0.6%
+20%
Added · +32K sh
23Vanguard Index FDS
S&P 500 ETF SHS
$189.6M317.4K
0.6%
−4.6%
Reduced · −15K sh
24Mastercard Incorporated
CL A
$181.2M362.6K
0.6%
−0.4%
Reduced · −1K sh
25Abbvie Inc
COM
$172.8M794.6K
0.6%
−0.1%
Reduced · −667 sh
26Caterpillar Inc
COM
$165.0M232.9K
0.6%
−0.3%
Reduced · −749 sh
27Bank America Corp
COM
$165.0M3.38M
0.6%
−0.6%
Reduced · −20K sh
28International Business Machs
COM
$162.2M669.1K
0.5%
−0.1%
Reduced · −353 sh
29Applied Matls Inc
COM
$159.6M466.9K
0.5%
−0.2%
Reduced · −920 sh
30Eli Lilly & Co
COM
$154.8M168.3K
0.5%
−0.4%
Reduced · −659 sh
31Ge Aerospace
COM NEW
$150.2M529.2K
0.5%
−0.3%
Reduced · −2K sh
32Micron Technology Inc
COM
$148.9M440.9K
0.5%
+0.1%
Added · +223 sh
33Home Depot Inc
COM
$146.9M446.6K
0.5%
+38%
Added · +123K sh
34Prologis Inc.
COM
$144.3M1.09M
0.5%
−0.1%
Reduced · −906 sh
35Goldman Sachs Group Inc
COM
$143.1M169.1K
0.5%
−2.1%
Reduced · −4K sh
36Equinix Inc
COM
$141.4M144.2K
0.5%
−0.1%
Reduced · −100 sh
37Coca Cola Co
COM
$138.5M1.82M
0.5%
−0.1%
Reduced · −1K sh
38Philip Morris Intl Inc
COM
$138.3M836.6K
0.5%
−0.1%
Reduced · −579 sh
39Wells Fargo & Co
COM
$132.8M1.67M
0.4%
−4.8%
Reduced · −85K sh
40Salesforce Inc
COM
$131.8M706.0K
0.4%
+2.6%
Added · +18K sh
41Morgan Stanley
COM NEW
$129.9M789.6K
0.4%
−2.4%
Reduced · −20K sh
42Netflix Inc.
COM
$128.1M1.33M
0.4%
−0.4%
Reduced · −5K sh
43Citigroup Inc
COM NEW
$123.2M1.09M
0.4%
−0.9%
Reduced · −10K sh
44Amgen Inc
COM
$121.1M344.3K
0.4%
−0.1%
Reduced · −205 sh
45American Express Co
COM
$112.7M372.5K
0.4%
−0.1%
Reduced · −576 sh
46Procter & Gamble Co
COM
$107.9M747.1K
0.4%
−26%
Reduced · −257K sh
47Schwab Charles Corp
COM
$106.3M1.13M
0.4%
−0.1%
Reduced · −630 sh
48Welltower Inc
COM
$106.2M537.3K
0.4%
+1.5%
Added · +8K sh
49Verizon Communications Inc
COM
$106.0M2.11M
0.4%
−0.1%
Reduced · −1K sh
50Hewlett Packard Enterprise C
COM
$102.0M4.28M
0.3%
+5.2%
Added · +212K sh
Showing 50 of 947 positions
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Filing history

As-of date vs the date the SEC received each filing

$30.8B · Q4 2025Q3 2020 · $21.8BQ1 2026 · $30.0B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q1 2026Mar 31, 2026Apr 24, 202624d947$30.0B13F-HR
Q4 2025Dec 31, 2025Jan 15, 202615d943$30.8B13F-HR
Q3 2025Sep 30, 2025Oct 31, 202531d945$30.1B13F-HR
Q2 2025Jun 30, 2025Aug 4, 202535d935$27.9B13F-HR
Q1 2025Mar 31, 2025Apr 21, 202521d945$25.7B13F-HR
Q4 2024Dec 31, 2024Jan 27, 202527d941$26.9B13F-HR
Q3 2024Sep 30, 2024Dec 6, 202467d944$26.7B13F-HR
Q2 2024Jun 30, 2024Jul 24, 202424d941$25.9B13F-HR
Q1 2024Mar 31, 2024Apr 30, 202430d941$25.9B13F-HR
Q4 2023Dec 31, 2023Feb 5, 202436d941$23.6B13F-HR
Q3 2023Sep 30, 2023Nov 6, 202337d926$21.4B13F-HR
Q2 2023Jun 30, 2023Jul 31, 202331d941$22.3B13F-HR
Q1 2023Mar 31, 2023May 1, 202331d929$23.1B13F-HR
Q4 2022Dec 31, 2022Feb 6, 202337d939$22.9B13F-HR
Q3 2022Sep 30, 2022Nov 16, 202247d931$21.5B13F-HR/A
Q2 2022Jun 30, 2022Aug 3, 202234d938$23.3B13F-HR
Q1 2022Mar 31, 2022Apr 20, 202220d924$27.3B13F-HR
Q4 2021Dec 31, 2021Jan 20, 202220d922$28.7B13F-HR
Q3 2021Sep 30, 2021Nov 3, 202134d920$26.7B13F-HR
Q2 2021Jun 30, 2021Jul 21, 202121d920$27.7B13F-HR
Q1 2021Mar 31, 2021Apr 15, 202115d931$26.5B13F-HR
Q4 2020Dec 31, 2020Jan 26, 202126d930$25.4B13F-HR
Q3 2020Sep 30, 2020Oct 20, 202020d916$21.8B13F-HR
Amended / restated
  • Q3 2022 · filed Nov 4, 202213F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.