Q2 2026 13F · SEC CIK 1795552

Maryland State Retirement & Pension System

Pension fundFiled 2026-07-30 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $5.8B
Reported positions: 1,423
Top holdings a year, 3 yrs: +20.5%
Average holding period: 4.7 yrs

Maryland State Retirement & Pension System is a pension fund that reported 1,423 positions worth $5.8B in its Q2 2026 13F, filed 2026-07-30. Its largest holdings were Nvidia Corporation Com (NVDA, 4.3%), Apple Inc (AAPL, 3.9%), Microsoft Corp (MSFT, 2.6%). A portfolio copying its top holdings returned 20.5% a year over the last 3 years, against 20.4% for the S&P 500.

Maryland State Retirement & Pension System holdings largest 50 of 1,423 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Maryland State Retirement & Pension System 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	4.3%	4.2%	1,253,858	+6.6%	$250.9M
AAPLApple Inc	3.9%	3.7%	777,141	+7.4%	$224.9M
MSFTMicrosoft Corp	2.6%	2.8%	399,389	+7.2%	$149.0M
ENBEnbridge Inc Com	2.4%	3.2%	2,608,729	-10.7%	$141.3M
AMZNAmazon Com Inc Com	2.1%	2.0%	521,524	+8.2%	$124.3M
GOOGLAlphabet Inc	1.9%	1.7%	313,278	+7.3%	$112.0M
AVGOBroadcom Inc	1.6%	1.5%	250,143	+7.8%	$94.5M
WMBWilliams Companies	1.6%	1.7%	1,224,447	+5.3%	$91.0M
GOOGAlphabet Inc	1.5%	1.4%	255,665	+7.6%	$90.3M
TRPTc Energy Corp	1.4%	1.8%	1,244,456	-10.6%	$82.3M
AMTAmerican Tower Corp	1.3%	1.6%	466,562	+4.6%	$76.3M
MUMicron Technology Inc	1.2%	—	60,625	—	$70.0M
METAMeta Platforms Inc Class A	1.1%	1.3%	118,220	+7.8%	$66.6M
TSLATesla Inc Com	1.1%	1.1%	157,119	+10.9%	$66.1M
KMIKinder Morgan Inc Del Com	1.1%	1.3%	1,960,003	+5.2%	$62.7M
SRESempra	1.0%	1.2%	654,670	+5.3%	$60.7M
TRGPTarga Res Corp	1.0%	1.0%	214,596	+5.0%	$57.5M
ETPCEnergy Transfer L P	1.0%	1.1%	2,999,375	+5.3%	$57.3M
OKEOneok Inc	0.9%	1.1%	631,175	+5.5%	$54.9M
LLYLilly Eli & Co	0.9%	0.8%	42,948	+6.8%	$51.5M
AMDAdvanced Micro Devices Inc	0.9%	—	87,312	—	$50.7M
EPDEnterprise Prods Partners L	0.9%	1.0%	1,373,237	+5.0%	$50.5M
LNGCheniere Energy Inc	0.9%	1.2%	209,979	+2.5%	$50.2M
BRK-BBerkshire Hathaway Inc Del	0.9%	0.9%	100,185	+8.0%	$50.1M
EXCExelon Corp	0.8%	1.0%	1,023,282	+5.1%	$47.7M
JPMJpmorgan Chase & Co	0.8%	0.8%	143,851	+5.3%	$47.1M
MPCMarathon Petroleum Corporation	0.7%	—	161,451	—	$41.3M
EDConsolidated Edison Inc	0.7%	0.8%	369,358	+7.4%	$40.9M
VLOValero Energy Corp	0.7%	—	155,975	—	$40.6M
FERFerrovial NV	0.7%	0.8%	591,089	-0.3%	$40.5M
PSXPhillips 66	0.6%	—	222,129	—	$37.6M
PCGPg&e Corp	0.6%	0.7%	2,207,392	+5.5%	$37.1M
FTSFortis Inc	0.6%	0.7%	621,346	+0.0%	$35.6M
RYRoyal Bank of Canada	0.6%	0.5%	160,116	+1.1%	$33.1M
CCICrown Castle Inc	0.6%	0.7%	436,971	+5.5%	$33.1M
INTCIntel Corp	0.6%	—	236,091	—	$33.0M
JNJJohnson & Johnson	0.6%	0.6%	129,702	+7.1%	$32.9M
AZNAstrazeneca PLC Ord	0.6%	0.7%	171,841	+1.3%	$32.1M
AMATApplied Matls Inc	0.5%	—	42,680	—	$30.9M
XOMExxon Mobil Corp	0.5%	0.7%	224,046	+5.4%	$30.6M
VVisa Inc Com Cl A	0.5%	0.5%	88,893	+4.9%	$30.5M
TDToronto Dominion Bank	0.5%	0.5%	241,034	+1.4%	$29.3M
LRCXLam Research Corp	0.5%	—	67,294	—	$29.2M
PBAPembina Pipeline Corp	0.5%	0.6%	628,603	-11.8%	$29.1M
CNPCenterpoint Energy Inc	0.5%	0.5%	654,087	+5.3%	$28.8M
ATOAtmos Energy Corp	0.5%	0.6%	167,136	+6.4%	$28.8M
EIXEdison Intl	0.5%	0.5%	385,130	+5.2%	$28.7M
UBSUbs Group AG	0.5%	—	572,521	—	$28.4M
ESEversource Energy	0.5%	0.5%	377,225	+5.8%	$27.3M
WMTWalmart Inc	0.5%	0.6%	236,361	+8.3%	$26.8M

What Maryland State Retirement & Pension System bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

TSLA Tesla Inc Com+10.9% shares
WMT Walmart Inc+8.3% shares
AMZN Amazon Com Inc Com+8.2% shares
BRK-B Berkshire Hathaway Inc Del+8.0% shares
AVGO Broadcom Inc+7.8% shares
META Meta Platforms Inc Class A+7.8% shares
GOOG Alphabet Inc+7.6% shares
ED Consolidated Edison Inc+7.4% shares

Reduced

Left the top 50

TTE Totalenergies SE Actwas 0.6%
AEM Agnico Eagle Mines Ltdwas 0.5%
AWK American Water Works Co. Inc.was 0.5%
COST Costco Whsl Corp Newwas 0.5%
B Barrick Mng Corpwas 0.4%
SHOP Shopify Incwas 0.4%
NI Nisource Incwas 0.4%
SU Suncor Energy Inc Newwas 0.4%

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +12.6% /yr; S&P 500 +20.1%
3 years: +20.5% /yr; S&P 500 +20.4%
5 years: +10.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$5.8B	1,423
Q1 2026	$4.9B	1,352
Q4 2025	$4.9B	1,369
Q3 2025	$4.8B	1,368
Q2 2025	$4.6B	1,488
Q1 2025	$4.2B	1,450
Q4 2024	$4.6B	1,512
Q3 2024	$4.8B	1,521
Q2 2024	$5.4B	1,547
Q1 2024	$5.0B	1,535
Q4 2023	$4.9B	1,550
Q3 2023	$4.4B	1,533

Questions about Maryland State Retirement & Pension System's portfolio

What stocks does Maryland State Retirement & Pension System own?

Maryland State Retirement & Pension System's latest 13F, for Q2 2026 and filed Jul 30, 2026, lists 1,423 positions worth $5.8B. The largest are Nvidia Corporation Com (NVDA) at 4.3%, Apple Inc (AAPL) at 3.9%, Microsoft Corp (MSFT) at 2.6%, Enbridge Inc Com (ENB) at 2.4% and Amazon Com Inc Com (AMZN) at 2.1%.

What did Maryland State Retirement & Pension System buy last quarter?

In Q2 2026, Maryland State Retirement & Pension System added Tesla Inc Com (TSLA) (+10.9% shares), Walmart Inc (WMT) (+8.3% shares) and Amazon Com Inc Com (AMZN) (+8.2% shares), compared with its Q1 2026 filing.

What did Maryland State Retirement & Pension System sell last quarter?

In Q2 2026, Maryland State Retirement & Pension System cut from its top 50 Totalenergies SE Act (TTE), cut from its top 50 Agnico Eagle Mines Ltd (AEM), cut from its top 50 American Water Works Co. Inc. (AWK), cut from its top 50 Costco Whsl Corp New (COST), cut from its top 50 Barrick Mng Corp (B), Pembina Pipeline Corp (PBA) (-11.8% shares), Enbridge Inc Com (ENB) (-10.7% shares) and Tc Energy Corp (TRP) (-10.6% shares), compared with its Q1 2026 filing.

How has Maryland State Retirement & Pension System's portfolio performed?

A portfolio copying Maryland State Retirement & Pension System's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +12.6% against +20.1%. Over 5 years: +10.9% a year against +11.6%.

When is Maryland State Retirement & Pension System's next 13F filing due?

13F filings are due 45 days after each quarter ends. Maryland State Retirement & Pension System's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.