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Institutional Investment Manager
Arizona State Retirement System
Arizona State Retirement System (CIK: 0001558481) incorporated in Arizona, located at 3300 North Central Avenue, Phoenix, AZ. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 1,486 holdings with a total value of $6,795,012,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 NVIDIA CORPORATION 133,216 14,219,000 0.21%
102 AETNA INC NEW 114,434 14,191,000 0.21%
103 AMERICAN EXPRESS CO 190,048 14,079,000 0.21%
104 PNC FINL SVCS GROUP INC 120,242 14,064,000 0.21%
105 WASTE MGMT INC DEL 197,614 14,013,000 0.21%
106 GENERAL DYNAMICS CORP 81,096 14,002,000 0.21%
107 RAYTHEON CO 96,837 13,751,000 0.20%
108 PUBLIC STORAGE 60,855 13,601,000 0.20%
109 PG&E CORP 221,955 13,488,000 0.20%
110 PAYCHEX INC 221,010 13,455,000 0.20%
111 CATERPILLAR INC 144,596 13,410,000 0.20%
112 NETFLIX INC 106,100 13,135,000 0.19%
113 KRAFT HEINZ CO 147,431 12,874,000 0.19%
114 PHILLIPS 66 148,487 12,831,000 0.19%
115 AVALONBAY COMM 72,258 12,801,000 0.19%
116 MONSANTO CO NEW 119,752 12,599,000 0.19%
117 BANK NEW YORK MELLON CORP 261,366 12,384,000 0.18%
118 NORTHROP GRUMMAN CORP 52,031 12,101,000 0.18%
119 CROWN CASTLE INTL CORP NEW 138,640 12,030,000 0.18%
120 GENERAL MTRS CO 342,900 11,947,000 0.18%
121 XCEL ENERGY INC 293,479 11,945,000 0.18%
122 MARSH & MCLENNAN COS INC 175,389 11,855,000 0.17%
123 EMERSON ELEC CO 212,333 11,838,000 0.17%
124 AMERICAN TOWER CORP NEW 111,566 11,790,000 0.17%
125 SCHWAB CHARLES CORP 298,182 11,769,000 0.17%
126 FORD MTR CO DEL 964,828 11,703,000 0.17%
127 HALLIBURTON CO 213,704 11,559,000 0.17%
128 FISERV INC 107,528 11,428,000 0.17%
129 INTUITIVE SURGICAL INC 17,893 11,347,000 0.17%
130 EXPRESS SCRIPTS HLDG CO 163,830 11,270,000 0.17%
131 FEDEX CORP 60,439 11,254,000 0.17%
132 AMERICAN ELEC PWR INC 178,176 11,218,000 0.17%
133 SYSCO CORP 200,459 11,099,000 0.16%
134 PRUDENTIAL FINL INC 106,308 11,062,000 0.16%
135 PAYPAL HLDGS INC 277,410 10,949,000 0.16%
136 REPUBLIC SVCS INC 191,261 10,911,000 0.16%
137 ANTHEM INC 75,220 10,814,000 0.16%
138 SALESFORCE COM INC 157,856 10,807,000 0.16%
139 AUTOZONE INC 13,528 10,684,000 0.16%
140 CIGNA CORPORATION 79,274 10,574,000 0.16%
141 NORFOLK SOUTHERN CORP 96,543 10,433,000 0.15%
142 CAPITAL ONE FINL CORP 119,192 10,398,000 0.15%
143 VALERO ENERGY CORP NEW 150,197 10,261,000 0.15%
144 AIR PRODS & CHEMS INC 70,784 10,180,000 0.15%
145 EATON CORP PLC 149,338 10,019,000 0.15%
146 ALLSTATE CORP 133,916 9,926,000 0.15%
147 PRAXAIR INC 84,625 9,917,000 0.15%
148 KINDER MORGAN INC DEL 474,600 9,829,000 0.14%
149 ANADARKO PETE CORP 138,126 9,632,000 0.14%
150 LYONDELLBASELL INDUSTRIES N 111,916 9,600,000 0.14%
Page 3 of 30

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-17-005765, filed 2017.02.10).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.