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Maryland State Retirement & Pension System Top Holdings and 13F Report (2026)

About Maryland State Retirement & Pension System

Investment Activity

  • Maryland State Retirement & Pension System has $4.92 billion in total holdings as of March 31, 2026.
  • Maryland State Retirement & Pension System owns shares of 1,352 different stocks, but just 202 companies or ETFs make up 80% of its holdings.
  • Approximately 2.35% of the portfolio was purchased this quarter.
  • About 2.04% of the portfolio was sold this quarter.
  • This quarter, Maryland State Retirement & Pension System has purchased 1,369 new stocks and bought additional shares in 182 stocks.
  • Maryland State Retirement & Pension System sold shares of 253 stocks and completely divested from 61 stocks this quarter.

Largest Holdings

NVIDIA
$205,077,309
Apple
$183,694,725
Enbridge
$158,181,581
Microsoft
$137,922,381
Amazon.com
$100,376,351

Largest New Holdings this Quarter

G0593M107 - AstraZeneca
$32,982,391 Holding
866966104 - SUNBELT RENTALS HOLDINGS INC
$2,970,418 Holding
04010E109 - Argan
$1,102,916 Holding
925283103 - VERSANT MEDIA GROUP INC
$1,051,961 Holding
N53745100 - LyondellBasell Industries
$1,028,912 Holding

Largest Purchases this Quarter

AstraZeneca
169,590 shares (about $32.98M)
Enbridge
196,349 shares (about $10.64M)
TC Energy
93,054 shares (about $5.82M)
TOTALENERGIES SE
48,698 shares (about $4.56M)
SUNBELT RENTALS HOLDINGS INC
47,235 shares (about $2.97M)

Largest Sales this Quarter

Williams Companies
49,929 shares (about $3.63M)
American Tower
18,705 shares (about $3.23M)
iShares MSCI EAFE ETF
27,559 shares (about $2.68M)
Kinder Morgan
78,665 shares (about $2.64M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofMaryland State Retirement & Pension System

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
NVIDIA Corporation stock logo
NVDA
NVIDIA
$205,077,309$863,629 0.4%1,175,9024.2%Computer and Technology
Apple Inc. stock logo
AAPL
Apple
$183,694,725$1,445,842 -0.8%723,8063.7%Computer and Technology
Enbridge Inc stock logo
ENB
Enbridge
$158,181,581$10,637,688 7.2%2,919,6943.2%Energy
Microsoft Corporation stock logo
MSFT
Microsoft
$137,922,381$509,354 0.4%372,5922.8%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$100,376,351$413,208 0.4%481,9532.0%Retail/Wholesale
TC Energy Corporation stock logo
TRP
TC Energy
$87,042,659$5,818,217 7.2%1,392,1221.8%Energy
Williams Companies, Inc. (The) stock logo
WMB
Williams Companies
$84,602,674$3,633,833 -4.1%1,162,4441.7%Energy
Alphabet Inc. stock logo
GOOGL
Alphabet
$83,958,606$301,363 0.4%291,9691.7%Computer and Technology
American Tower Corporation stock logo
AMT
American Tower
$76,981,035$3,228,109 -4.0%446,0601.6%Finance
Broadcom Inc. stock logo
AVGO
Broadcom
$71,789,916$281,345 0.4%231,9471.5%Computer and Technology
Alphabet Inc. stock logo
GOOG
Alphabet
$68,188,343$258,174 0.4%237,7061.4%Computer and Technology
Meta Platforms, Inc. stock logo
META
Meta Platforms
$62,734,055$239,150 0.4%109,6501.3%Computer and Technology
Kinder Morgan, Inc. stock logo
KMI
Kinder Morgan
$62,478,729$2,637,637 -4.1%1,863,3681.3%Energy
Sempra Energy stock logo
SRE
Sempra Energy
$60,441,101$2,500,670 -4.0%622,0141.2%Utilities
CHENIERE ENERGY INC
$58,112,629$2,560,083 -4.2%204,7951.2%COM NEW
Energy Transfer LP stock logo
ET
Energy Transfer
$54,988,402$2,508,672 -4.4%2,849,1401.1%Energy
ONEOK, Inc. stock logo
OKE
ONEOK
$54,093,624$2,325,735 -4.1%598,4471.1%Energy
Tesla, Inc. stock logo
TSLA
Tesla
$52,673,258$205,578 0.4%141,6901.1%Auto/Tires/Trucks
Targa Resources, Inc. stock logo
TRGP
Targa Resources
$51,222,885$2,162,797 -4.1%204,2951.0%Energy
Enterprise Products Partners L.P. stock logo
EPD
Enterprise Products Partners
$49,468,156$2,247,280 -4.3%1,307,2981.0%Energy
Exelon Corporation stock logo
EXC
Exelon
$47,728,519$1,489,718 -3.0%973,6541.0%Utilities
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$44,460,655$270,748 0.6%92,7810.9%Finance
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$40,204,318$185,027 0.5%136,6750.8%Finance
Consolidated Edison Inc stock logo
ED
Consolidated Edison
$38,909,134$1,672,235 -4.1%343,7810.8%Utilities
FERROVIAL SE
$38,012,265$2,544,304 7.2%593,0340.8%ORD SHS
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$36,984,871$121,410 0.3%40,2110.8%Medical
Pacific Gas & Electric Co. stock logo
PCG
Pacific Gas & Electric
$36,751,292$1,587,028 -4.1%2,091,7070.7%Utilities
ExxonMobil Corporation stock logo
XOM
ExxonMobil
$36,068,189$169,490 0.5%212,5910.7%Energy
Fortis stock logo
FTS
Fortis
$34,665,800$2,442,695 7.6%621,2240.7%Utilities
Crown Castle Inc. stock logo
CCI
Crown Castle
$33,676,732$1,464,149 -4.2%414,1770.7%Finance
AstraZeneca PLC stock logo
AZNCF
AstraZeneca
$32,982,391$32,982,391 New Holding169,5900.7%Medical
Pembina Pipeline Corp. stock logo
PBA
Pembina Pipeline
$31,949,564$2,150,300 7.2%712,7920.6%Energy
TOTALENERGIES SE
$30,599,031$4,557,125 17.5%326,9850.6%ACT
Johnson & Johnson stock logo
JNJ
Johnson & Johnson
$29,607,551$219,996 0.7%121,1240.6%Medical
Atmos Energy Corporation stock logo
ATO
Atmos Energy
$29,008,060$404,352 -1.4%157,0380.6%Utilities
WALMART INC
$27,136,041$46,356 0.2%218,3460.6%COM
CenterPoint Energy, Inc. stock logo
CNP
CenterPoint Energy
$26,812,977$1,108,435 -4.0%621,2460.5%Utilities
Edison International stock logo
EIX
Edison International
$26,788,344$1,126,533 -4.0%366,0610.5%Utilities
Visa Inc. stock logo
V
Visa
$25,612,724$151,120 0.6%84,7430.5%Business Services
Royal Bank Of Canada stock logo
RY
Royal Bank Of Canada
$25,610,417$1,629,846 6.8%158,3910.5%Finance
Agnico Eagle Mines Limited stock logo
AEM
Agnico Eagle Mines
$25,443,348$1,500,979 -5.6%125,3200.5%Basic Materials
American Water Works Company, Inc. stock logo
AWK
American Water Works
$25,289,060$1,041,905 -4.0%185,8260.5%Utilities
Eversource Energy stock logo
ES
Eversource Energy
$24,707,673$1,077,789 -4.2%356,6350.5%Utilities
Costco Wholesale Corporation stock logo
COST
Costco Wholesale
$22,271,207$119,572 0.5%22,3510.5%Retail/Wholesale
Toronto Dominion Bank (The) stock logo
TD
Toronto Dominion Bank
$22,211,574$324,613 1.5%237,7760.5%Finance
BARRICK MNG CORP
$22,029,048$1,694,545 -7.1%538,9270.4%COM SHS
SHOPIFY INC
$21,421,009$253,975 1.2%180,4940.4%CL A SUB VTG SHS
NiSource, Inc stock logo
NI
NiSource
$21,266,089$777,449 -3.5%455,7670.4%Utilities
Suncor Energy  Inc. stock logo
SU
Suncor Energy
$20,706,285$1,349,520 -6.1%312,9910.4%Energy
Netflix, Inc. stock logo
NFLX
Netflix
$20,472,450$47,306 0.2%212,9220.4%Consumer Discretionary
Mastercard Incorporated stock logo
MA
Mastercard
$20,244,724$133,409 0.7%40,5170.4%Business Services
Chevron Corporation stock logo
CVX
Chevron
$19,525,153$121,450 0.6%94,3700.4%Energy
AbbVie Inc. stock logo
ABBV
AbbVie
$19,365,310$117,010 0.6%89,0400.4%Medical
Mplx Lp stock logo
MPLX
Mplx
$19,353,065$879,734 -4.3%339,1110.4%Energy
Micron Technology, Inc. stock logo
MU
Micron Technology
$18,933,905$76,690 0.4%56,0440.4%Computer and Technology
SBA Communications Corporation stock logo
SBAC
SBA Communications
$17,451,609$754,874 -4.1%101,3980.4%Finance
Procter & Gamble Company (The) stock logo
PG
Procter & Gamble
$17,011,5650.0%117,7760.3%Consumer Staples
Caterpillar Inc. stock logo
CAT
Caterpillar
$16,458,2340.0%23,2310.3%Industrials
The Home Depot, Inc. stock logo
HD
Home Depot
$16,423,1220.0%49,9350.3%Retail/Wholesale
Advanced Micro Devices, Inc. stock logo
AMD
Advanced Micro Devices
$16,421,276$49,433 0.3%80,7220.3%Computer and Technology
Canadian Natural Resources Limited stock logo
CNQ
Canadian Natural Resources
$16,318,637$129,865 -0.8%334,5020.3%Energy
Bank of America Corporation stock logo
BAC
Bank of America
$16,121,528$120,023 -0.7%330,6980.3%Finance
PALANTIR TECHNOLOGIES INC
$16,035,067$77,090 0.5%109,6190.3%CL A
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$15,511,715$63,857 0.4%199,9190.3%Computer and Technology
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$14,975,744$146,393 -1.0%124,4970.3%Medical
CocaCola Company (The) stock logo
KO
CocaCola
$14,852,717$94,682 0.6%195,3020.3%Consumer Staples
GE Aerospace stock logo
GE
GE Aerospace
$14,790,0920.0%52,1200.3%Aerospace
Canadian Imperial Bank of Commerce stock logo
CM
Canadian Imperial Bank of Commerce
$14,647,720$144,561 -1.0%154,5210.3%Finance
Bank of Nova Scotia (The) stock logo
BNS
Bank of Nova Scotia
$14,186,902$78,674 -0.6%204,4890.3%Finance
UBS Group AG stock logo
UBS
UBS Group
$13,681,469$928,596 7.3%355,5490.3%Finance
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$13,668,1820.0%39,9900.3%Computer and Technology
LAM RESEARCH CORP
$13,481,946$91,233 0.7%63,1000.3%COM NEW
RTX Corporation stock logo
RTX
RTX
$13,013,227$145,254 1.1%67,4610.3%Aerospace
DT Midstream, Inc. stock logo
DTM
DT Midstream
$12,992,423$559,285 -4.1%96,4760.3%Energy
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock logo
SBS
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp
$12,973,310$3,442,687 -21.0%425,2150.3%Utilities
Philip Morris International Inc. stock logo
PM
Philip Morris International
$12,938,0200.0%78,2510.3%Consumer Staples
The Goldman Sachs Group, Inc. stock logo
GS
The Goldman Sachs Group
$12,480,8900.0%14,7530.3%Finance
Oracle Corporation stock logo
ORCL
Oracle
$12,422,1160.0%84,4410.3%Computer and Technology
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$12,397,267$150,543 -1.2%155,7250.3%Finance
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$12,362,175$43,294 0.4%45,6860.3%Medical
GE VERNOVA INC
$11,828,668$84,671 -0.7%13,5510.2%COM
LINDE PLC
$11,745,050$135,838 1.2%23,6910.2%SHS
Kinross Gold Corporation stock logo
KGC
Kinross Gold
$11,383,839$1,909,355 -14.4%372,2700.2%Basic Materials
International Business Machines Corporation stock logo
IBM
International Business Machines
$11,306,282$44,357 0.4%46,6450.2%Computer and Technology
McDonald's Corporation stock logo
MCD
McDonald's
$11,162,0230.0%35,9150.2%Retail/Wholesale
Bank Of Montreal stock logo
BMO
Bank Of Montreal
$10,846,478$611,132 6.0%80,0620.2%Finance
Essential Utilities Inc. stock logo
WTRG
Essential Utilities
$10,794,213$473,857 -4.2%268,0460.2%Utilities
PepsiCo, Inc. stock logo
PEP
PepsiCo
$10,740,012$132,307 1.2%69,1610.2%Consumer Staples
Verizon Communications Inc. stock logo
VZ
Verizon Communications
$10,699,628$126,504 1.2%213,1400.2%Computer and Technology
Brookfield Corporation stock logo
BN
Brookfield
$10,120,782$478,140 5.0%249,7070.2%Finance
AT&T Inc. stock logo
T
AT&T
$10,068,720$55,023 0.5%347,3170.2%Computer and Technology
Citigroup Inc. stock logo
C
Citigroup
$9,890,826$187,013 -1.9%87,2130.2%Financial Services
Intel Corporation stock logo
INTC
Intel
$9,767,778$52,426 0.5%221,3410.2%Computer and Technology
NextEra Energy, Inc. stock logo
NEE
NextEra Energy
$9,745,6200.0%104,9270.2%Utilities
KLA Corporation stock logo
KLAC
KLA
$9,712,0160.0%6,5960.2%Computer and Technology
Amgen Inc. stock logo
AMGN
Amgen
$9,517,894$85,148 0.9%27,0510.2%Medical
Morgan Stanley stock logo
MS
Morgan Stanley
$9,387,567$60,726 -0.6%57,0430.2%Finance
PLAINS ALL AMERN PIPELINE L
$9,353,188$443,987 -4.5%418,8620.2%UNIT LTD PARTN
Thermo Fisher Scientific Inc. stock logo
TMO
Thermo Fisher Scientific
$9,301,714$46,204 0.5%18,9240.2%Medical
Nutrien Ltd. stock logo
NTR
Nutrien
$9,072,326$543,473 -5.7%120,1580.2%Basic Materials

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