Maryland State Retirement & Pension System
SEC Form 13F institutional filer · CIK 0001795552
13F-HR · 482 reported holdings · 2026-03-31
Pension fund.
Reported long-US-equity value
$3.47B
Top-10 concentration
31.0%
Maryland State Retirement & Pension System — $3.47B AUM allocation strategy
Maryland State Retirement & Pension System files SEC Form 13F and reports $3.47B of long US equity value across 482 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 17.2%, followed by Energy 7.3% and Communication Services 6.2%.
The top 10 holdings account for 31% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Maryland State Retirement & Pension System — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$3.47B
total across 482 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
31% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SPGI +31.1K sh · +$832K+$HBAN +20.6K sh · +$187K+$FITB +12.8K sh · +$585K
Biggest trims (shares)
−$PCG −90.3K sh · +$1.69M−$AMCR −88.5K sh · −$43.2K−$KMI −78.7K sh · +$9.09M
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors8.0%—
- Oil & Gas Storage & Transportation7.3%—
- Interactive Media & Services6.2%—
- Technology Hardware, Storage & Peripherals5.3%—
- Systems Software4.0%—
- Broadline Retail2.9%—
- Multi-Utilities2.8%—
- Telecom Tower REITs2.2%—
- Other holdings61.4%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 1.18M | $205M | +4.95K | 5.9% |
| $AAPL | Apple Inc | 724K | $184M | -5.7K | 5.3% |
| $MSFT | Microsoft Corporation | 373K | $138M | +1.38K | 4.0% |
| $AMZN | Amazon.com Inc | 482K | $100M | +1.98K | 2.9% |
| $WMB | Williams Companies Inc | 1.16M | $84.6M | -49.9K | 2.4% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 292K | $84M | +1.05K | 2.4% |
| $AMT | American Tower Corporation | 446K | $77M | -18.7K | 2.2% |
| $AVGO | Broadcom Inc | 232K | $71.8M | +909 | 2.1% |
| $GOOGL | Alphabet Inc | 238K | $68.2M | +900 | 2.0% |
| $META | Meta Platforms Inc | 113K | $63M | +287 | 1.8% |
…and 472 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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