1y return+3.5%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2024: $110 against $137 in the S&P 500.2
Arizona PSPRS TrustS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AGGIshares Tr | $1.1B | 42.5% | +1.1% |
| BNDVanguard Bd Index Fds | $731.9M | 27.3% | +1.0% |
| GLDMWorld Gold Tr | $266.6M | 9.9% | New |
| SRLNSsga Active Etf Tr | $260.7M | 9.7% | −23.5% |
| MTUMIshares Tr | $124.0M | 4.6% | |
| OMFLInvesco Exch Trd Slf Idx Fd | $112.9M | 4.2% | |
| URTHIshares Inc | $22.2M | 0.8% | −2.3% |
| SPDWSpdr Index Shs Fds | $17.4M | 0.6% | New |
| PRIMPrimoris Svcs Corp | $2.3M | 0.1% | New |
| VEAVanguard Tax-managed Fds | $2.2M | 0.1% | New |
| SESea Ltd | $1.9M | 0.1% | New |
| CBRSCerebras Systems Inc | $398K | 0.0% | New |
| EMXCIshares Inc | $338K | 0.0% | New |
| UWMCUwm Holdings Corporation | $309K | 0.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| MTUMIshares Tr | June 30, 2024 | +75.9% | $124.0M |
| OMFLInvesco Exch Trd Slf Idx Fd | June 30, 2024 | +30.6% | $112.9M |
| URTHIshares Inc | September 30, 2025 | +11.6% | $22.2M |
| BNDVanguard Bd Index Fds | June 30, 2024 | +1.9% | $731.9M |
| AGGIshares Tr | September 30, 2024 | −2.3% | $1.1B |
| SRLNSsga Active Etf Tr | June 30, 2024 | −3.6% | $260.7M |
Sold off last quarter
- GLDSpdr Gold Tr was $311.6M
- Globant S ACUSIP L44385109 was $1.5M
- Ci&t IncCUSIP G21307106 was $358K
- COPXGlobal X Fds was $305K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +0.1% | +14.8% |
| March 31, 2026 | −0.1% | −4.6% |
| December 31, 2025 | +0.8% | +2.4% |
| September 30, 2025 | +2.6% | +7.8% |
| June 30, 2025 | +2.1% | +10.5% |
| March 31, 2025 | +2.4% | −4.6% |
| December 31, 2024 | −2.9% | +2.1% |
| September 30, 2024 | +4.4% | +5.4% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Arizona PSPRS Trust Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1565332&type=13F-HR&dateb=&owner=include&count=40CIK 1565332
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1565332/000156533226000006/Filed August 3, 2026 · accession 0001565332-26-000006