Fund Holdings — TEACHER RETIREMENT SYSTEM OF TEXAS

Total Portfolio Value
$28.92B
Total Bought
$6.76B
Total Sold
$2.95B
Net Transaction
+$3.82B
Filing Period:
Securities
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SharesValue ($K)
Q3 2025
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Q4 2025
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Change
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Q3 2025
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Q4 2025
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Weight (%)
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Change
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VANGUARD INDEX FDS2,499,2296,615,774+4,116,5451,530,4784,148,95014.35%+2,618,472
APPLE INC(AAPL)4,216,5524,682,646+466,0941,073,6611,273,0244.40%+199,364
ALPHABET INC(GOOG)1,682,2521,887,621+205,369408,955590,8252.04%+181,870
NVIDIA CORPORATION(NVDA)6,873,7227,657,821+784,0991,282,4991,428,1844.94%+145,685
ALPHABET INC(GOOG)1,382,2691,486,956+104,687336,652466,6071.61%+129,955
SPDR GOLD TR(GLD)279,350568,900+289,55099,301225,4610.78%+126,160
ISHARES TR495,372632,560+137,188331,552433,2661.50%+101,713
AMAZON COM INC(AMZN)2,600,0602,877,676+277,616570,895664,2252.30%+93,330
BROADCOM INC(AVGO)1,296,0831,468,214+172,131427,591508,1491.76%+80,558
ISHARES SILVER TR(SLV)389,0001,400,000+1,011,00016,48290,1880.31%+73,706
VANGUARD INDEX FDS299,349567,165+267,81676,118146,3000.51%+70,182
ISHARES TR617,4571,185,799+568,34273,372142,5090.49%+69,137
ELI LILLY & CO(LLY)290,865268,894-21,971221,930288,9751.00%+67,045
EQUITY RESIDENTIAL(VMRK)47,273998,401+951,1283,06062,9390.22%+59,879
AVALONBAY CMNTYS INC18,655348,068+329,4133,60463,1080.22%+59,505
WESTERN DIGITAL CORP(WDC)57,888367,340+309,4526,95063,2820.22%+56,332
WILLIAMS COS INC(WMB)214,0431,120,775+906,73213,56067,3700.23%+53,810
MICRON TECHNOLOGY INC(MU)185,449281,210+95,76131,02980,2600.28%+49,231
MICROSOFT CORP(MSFT)1,983,0562,214,496+231,4401,027,1241,070,9753.70%+43,851
BANK AMERICA CORP1,981,8042,604,848+623,044102,241143,2670.50%+41,025
ADVANCED MICRO DEVICES INC(AMD)341,649449,160+107,51155,27596,1920.33%+40,917
ESSEX PPTY TR INC(ESS)8,428157,438+149,0102,25641,1980.14%+38,943
MID-AMER APT CMNTYS INC(MAA)15,333286,189+270,8562,14239,7550.14%+37,612
WALMART INC(WMT)1,254,8181,488,076+233,258129,322165,7870.57%+36,465
HONEYWELL INTL INC(HON)161,411350,983+189,57233,97768,4730.24%+34,496
JPMORGAN CHASE & CO.(JPM)810,772900,668+89,896255,742290,2131.00%+34,471
VEEVA SYS INC(VEEV)103,341290,182+186,84130,78664,7770.22%+33,991
VISA INC(V)408,862492,579+83,717139,577172,7520.60%+33,175
COMFORT SYS USA INC(FIX)9,22743,563+34,3367,61440,6570.14%+33,043
LAM RESEARCH CORP(LRCX)570,446628,708+58,26276,383107,6220.37%+31,240
BARRICK MNG CORP(B)0700,000+700,000030,4850.11%+30,485
SEAGATE TECHNOLOGY HLDNGS PL
ORD SHS
34,471135,737+101,2668,13737,3810.13%+29,243
CREDO TECHNOLOGY GROUP HOLDI
ORDINARY SHARES
40,895239,721+198,8265,95534,4930.12%+28,539
TAIWAN SEMICONDUCTOR MFG LTD(TSM)093,243+93,243028,3360.10%+28,336
FIRST MAJESTIC SILVER CORP(AG)4,481,0004,918,000+437,00055,07181,9340.28%+26,862
UDR INC(UDR)41,220769,497+728,2771,53628,2250.10%+26,689
BLACKLINE INC(BL)8,094475,665+467,57143026,3000.09%+25,870
COCA COLA CO(KO)1,504,5971,796,760+292,16399,785125,6110.43%+25,827
QNITY ELECTRONICS INC(Q)0312,925+312,925025,5500.09%+25,550
ROSS STORES INC(ROST)204,114312,974+108,86031,10556,3790.19%+25,274
CAMDEN PPTY TR(CPT)43,346267,847+224,5014,62829,4850.10%+24,856
ARISTA NETWORKS INC(ANET)395,148627,143+231,99557,57782,1750.28%+24,598
UNIVERSAL HLTH SVCS INC(UHS)28,644137,575+108,9315,85629,9940.10%+24,138
WELLS FARGO CO NEW(WFC)1,060,4641,208,781+148,31788,888112,6580.39%+23,770
IRON MTN INC DEL(IRM)38,638333,971+295,3333,93927,7030.10%+23,764
CATERPILLAR INC(CAT)155,499170,618+15,11974,19697,7420.34%+23,546
PRINCIPAL FINANCIAL GROUP IN(PFG)215,843468,336+252,49317,89641,3120.14%+23,416
AMERICAN TOWER CORP NEW(AMT)122,154266,005+143,85123,49346,7020.16%+23,210
RUBRIK INC.(RBRK)22,122326,438+304,3161,82024,9660.09%+23,146
SOLSTICE ADVANCED MATLS INC(SOLS)0458,555+458,555022,2770.08%+22,277
GE AEROSPACE(GE)397,872460,211+62,339119,688141,7590.49%+22,071
LOCKHEED MARTIN CORP(LMT)32,54079,039+46,49916,24438,2290.13%+21,985
IDEXX LABS INC(IDXX)35,46665,734+30,26822,65944,4710.15%+21,812
NEWMONT CORP(NEM)501,236639,966+138,73042,25963,9010.22%+21,641
ISHARES INC
MSCI EMRG CHN
3,239,6873,305,644+65,957218,711240,2540.83%+21,543
TESLA INC(TSLA)731,557771,205+39,648325,338346,8261.20%+21,488
TE CONNECTIVITY PLC(TEL)137,268226,710+89,44230,13451,5790.18%+21,444
ACCENTURE PLC IRELAND
SHS CLASS A
221,026282,340+61,31454,50575,7520.26%+21,247
VERIZON COMMUNICATIONS INC(VZ)1,557,9862,197,366+639,38068,47389,4990.31%+21,025
ARCH CAP GROUP LTD
ORD
49,099263,790+214,6914,45525,3030.09%+20,848
MASTERCARD INCORPORATED(MA)295,974329,822+33,848168,353188,2890.65%+19,936
PERPETUA RESOURCES CORP(PPTA)0802,385+802,385019,4260.07%+19,426
HCA HEALTHCARE INC(HCA)46,32083,427+37,10719,74238,9490.13%+19,207
AMERICAN EXPRESS CO(AXP)151,569187,295+35,72650,34569,2900.24%+18,945
LAS VEGAS SANDS CORP(LVS)82,921355,322+272,4014,46023,1280.08%+18,668
TAPESTRY INC(TPR)124,927256,169+131,24214,14432,7310.11%+18,586
SIMON PPTY GROUP INC NEW(SPG)50,375148,732+98,3579,45427,5320.10%+18,078
GRACO INC(GGG)75,508297,787+222,2796,41524,4100.08%+17,994
3M CO(MMM)257,526360,889+103,36339,96357,7780.20%+17,815
INTERNATIONAL BUSINESS MACHS(IBM)264,978312,259+47,28174,76692,4940.32%+17,728
PUBLIC STORAGE OPER CO(PSA)62,973138,320+75,34718,19035,8940.12%+17,704
FORD MTR CO(F)1,902,9923,068,697+1,165,70522,76040,2610.14%+17,502
MOODYS CORP(MCO)65,32894,814+29,48631,12748,4360.17%+17,308
INTEL CORP(INTC)2,315,5802,571,913+256,33377,68894,9040.33%+17,216
RTX CORPORATION(RTX)342,982406,273+63,29157,39174,5100.26%+17,119
COSTCO WHSL CORP NEW(COST)112,804140,429+27,625104,415121,0980.42%+16,683
GE VERNOVA INC(GEV)123,082140,291+17,20975,68391,6900.32%+16,007
CITIGROUP INC(C)558,462622,054+63,59256,68472,5870.25%+15,904
KENVUE INC(KVUE)296,2561,138,508+842,2524,80819,6390.07%+14,831
PROCTER AND GAMBLE CO(PG)813,723975,151+161,428125,029139,7490.48%+14,720
APPLIED MATLS INC184,441203,024+18,58337,76252,1750.18%+14,413
GENERAL MTRS CO(GM)821,791790,249-31,54250,10564,2630.22%+14,158
DISNEY WALT CO(DIS)509,938636,938+127,00058,38872,4640.25%+14,077
VALERO ENERGY CORP(VLO)48,350136,906+88,5568,23222,2870.08%+14,055
BERKSHIRE HATHAWAY INC DEL392,894419,892+26,998197,524211,0590.73%+13,535
INTUITIVE SURGICAL INC155,146144,494-10,65269,38681,8360.28%+12,450
EXXON MOBIL CORP1,334,2731,352,839+18,566150,439162,8010.56%+12,361
NATERA INC(NTRA)16,98965,717+48,7282,73515,0550.05%+12,320
CUMMINS INC(CMI)68,71680,765+12,04929,02441,2260.14%+12,203
AMRIZE LTD(AMRZ)472,200646,894+174,69422,91634,9840.12%+12,068
MARATHON PETE CORP(MPC)120,535215,993+95,45823,23235,1270.12%+11,895
CRANE COMPANY(CR)86,069150,211+64,14215,84927,7030.10%+11,855
TYSON FOODS INC(TSN)37,498234,157+196,6592,03613,7260.05%+11,690
CISCO SYS INC(CSCO)1,347,3751,346,340-1,03592,187103,7090.36%+11,521
HP INC(HPQ)510,8641,129,826+618,96213,91125,1730.09%+11,262
ANGLOGOLD ASHANTI PLC(AU)742,930742,930052,25063,3570.22%+11,107
BANK NEW YORK MELLON CORP251,824329,861+78,03727,43938,2940.13%+10,855
PALANTIR TECHNOLOGIES INC(PLTR)766,046847,177+81,131139,742150,5860.52%+10,844
BOOKING HOLDINGS INC(BKNG)15,15317,196+2,04381,81592,0900.32%+10,275
WHEATON PRECIOUS METALS CORP(WPM)103,300184,500+81,20011,55321,6820.07%+10,129
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TEACHER RETIREMENT SYSTEM OF TEXAS — 13F Holdings — Q4 2025 | TickerTrail