Teacher Retirement System of Texas
AUSTIN, TX
$37.3bn in 1,510 US stocks at the end of 30 June 2026. The top 10 are 40.8% of the money. It changed about 27.5% of the portfolio this quarter.
Value
$37.3bn
Stocks
1,510
Top 10 share
40.8%
Turnover
27.5%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX6.9% of the fund
- Pershing Square USAPSUS1.0% of the fund
- Pershing SquarePS0.3% of the fund
- Honeywell AerospaceHONA0.1% of the fund
- FedEx Freight Holding CompanyFDXF0.1% of the fund
- VersigentVGNT<0.1% of the fund
- Honeywell InternationalHON<0.1% of the fund
- RubrikRBRK<0.1% of the fund
- IconICLR<0.1% of the fund
- Blackstone Digital Infrastructure TrustBXDC<0.1% of the fund
- Sunshine Silver Mining & RefiningSSMR<0.1% of the fund
- GMR SolutionsGMRS<0.1% of the fund
- Victory Capital HoldingsVCTR<0.1% of the fund
- Regency CentersREG<0.1% of the fund
- Liftoff MobileLFTO<0.1% of the fund
- La-Z-BoyLZB<0.1% of the fund
- Gen DigitalGEN<0.1% of the fund
- ForbrightFRBT<0.1% of the fund
- Madison Air SolutionsMAIR<0.1% of the fund
- NPK InternationalNPKI<0.1% of the fund
- InnioINIO<0.1% of the fund
- CoreCivicCXW<0.1% of the fund
- SindaSIND<0.1% of the fund
- GEO GroupGEO<0.1% of the fund
- WhiteHawk MineralsWHK<0.1% of the fund
Added
Bought more of a stock they already held.
- Vanguard Index FDSVOO14.3% of the fund+817%
- NvidiaNVDA4.4% of the fund+6%
- AppleAAPL4.1% of the fund+13%
- MicrosoftMSFT2.5% of the fund+12%
- Amazon.comAMZN2.2% of the fund+18%
- AlphabetGOOGL2.0% of the fund+11%
- BroadcomAVGO1.6% of the fund+11%
- AlphabetGOOG1.5% of the fund+8%
- Micron TechnologyMU1.2% of the fund+13%
- Meta PlatformsMETA1.2% of the fund+16%
- TeslaTSLA1.0% of the fund+17%
- Eli LillyLLY1.0% of the fund+11%
- Constellation EnergyCEG0.9% of the fund+2488%
- Advanced Micro DevicesAMD0.9% of the fund+35%
- JPMorgan ChaseJPM0.8% of the fund+25%
- Berkshire HathawayBRK-B0.7% of the fund+22%
- Applied MaterialsAMAT0.7% of the fund+12%
- Johnson & JohnsonJNJ0.6% of the fund+11%
- VisaV0.6% of the fund+16%
- ExxonMobil HoldingsXOM0.5% of the fund+13%
- CaterpillarCAT0.5% of the fund+6%
- MastercardMA0.5% of the fund+12%
- WalmartWMT0.5% of the fund+31%
- Cisco SystemsCSCO0.5% of the fund+11%
- Costco WholesaleCOST0.4% of the fund+23%
Cut
Sold some of their stake.
- IsharesEMXC0.7% of the fund-14%
- Lam ResearchLRCX0.6% of the fund-11%
- IntelINTC0.6% of the fund-32%
- GE VernovaGEV0.5% of the fund-13%
- KLAKLAC0.4% of the fund-7%
- General ElectricGE0.4% of the fund-12%
- Coca-ColaKO0.4% of the fund-6%
- Seagate Technology HoldingsSTX0.3% of the fund-32%
- NetflixNFLX0.3% of the fund-3%
- Wells Fargo & CompanyWFC0.3% of the fund-6%
- Palantir TechnologiesPLTR0.3% of the fund-7%
- LindeLIN0.3% of the fund-3%
- Western DigitalWDC0.3% of the fund-41%
- Vivmark ResidentialVMRK0.3% of the fund-11%
- International Business MachinesIBM0.2% of the fund-23%
- CredicorpBAP0.2% of the fund-15%
- MckessonMCK0.2% of the fund-5%
- FortinetFTNT0.2% of the fund-19%
- Arista NetworksANET0.2% of the fund-30%
- Dell TechnologiesDELL0.2% of the fund-33%
- SandiskSNDK0.2% of the fund-11%
- Bank of New York MellonBNY0.2% of the fund-6%
- General MotorsGM0.2% of the fund-7%
- America Movil SAB de CVAMX0.2% of the fund-18%
- CVS HealthCVS0.2% of the fund-5%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- CertaraCERT-100%
- United Airlines HoldingsUAL-100%
- Delta Air LinesDAL-100%
- CloroxCLX-100%
- AunaAUNA-100%
- SOLV EnergyMWH-100%
- CDWCDW-100%
- Verisk AnalyticsVRSK-100%
- Telephone & Data SystemsTDS-100%
- EquipmentShare.comEQPT-100%
- CopartCPRT-100%
- Sun CommunitiesSUI-100%
- WorkdayWDAY-100%
- AptivAPTV-100%
- Proassurance-100%
- Cantaloupe-100%
- Markel GroupMKL-100%
- MasterBrandMBC-100%
- Hovnanian EnterprisesHOV-100%
- XPOXPO-100%
- FabrinetFN-100%
- TRI Pointe Homes-100%
- SkywestSKYW-100%
- Turning Point BrandsTPB-100%
Holdings
- Vanguard Index FDSVOO
- Share
- 14.3%
- Value
- $5.3bn
- Shares
- 7,762,285
+817%
- Space Exploration TechnologiesSPCX
- Share
- 6.9%
- Value
- $2.6bn
- Shares
- 14,957,447
New
- Ishares TRIVV
- Share
- 1.3%
- Value
- $474m
- Shares
- 632,560
Held
- Pershing Square USAPSUS
- Share
- 1.0%
- Value
- $384m
- Shares
- 10,270,000
New
- IsharesEMXC
- Share
- 0.7%
- Value
- $264m
- Shares
- 2,579,723
-14%
- Ishares TRIJR
- Share
- 0.5%
- Value
- $176m
- Shares
- 1,185,799
Held
- Vanguard Index FDSVB
- Share
- 0.5%
- Value
- $172m
- Shares
- 567,165
Held
- Avalonbay CommunitiesAVB
- Share
- 0.3%
- Value
- $105m
- Shares
- 557,912
+3%
- Pershing SquarePS
- Share
- 0.3%
- Value
- $100m
- Shares
- 3,054,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Index FDSVOO | 14.3% | $5.3bn | 7,762,285 | +817% |
| Space Exploration TechnologiesSPCX | 6.9% | $2.6bn | 14,957,447 | New |
| NvidiaNVDA | 4.4% | $1.6bn | 8,199,890 | +6% |
| AppleAAPL | 4.1% | $1.5bn | 5,278,393 | +13% |
| MicrosoftMSFT | 2.5% | $933m | 2,500,591 | +12% |
| Amazon.comAMZN | 2.2% | $810m | 3,398,689 | +18% |
| AlphabetGOOGL | 2.0% | $759m | 2,122,475 | +11% |
| BroadcomAVGO | 1.6% | $601m | 1,591,945 | +11% |
| AlphabetGOOG | 1.5% | $573m | 1,622,321 | +8% |
| Ishares TRIVV | 1.3% | $474m | 632,560 | Held |
| Micron TechnologyMU | 1.2% | $460m | 398,575 | +13% |
| Meta PlatformsMETA | 1.2% | $452m | 802,424 | +16% |
| TeslaTSLA | 1.0% | $385m | 915,687 | +17% |
| Eli LillyLLY | 1.0% | $385m | 320,915 | +11% |
| Pershing Square USAPSUS | 1.0% | $384m | 10,270,000 | New |
| Constellation EnergyCEG | 0.9% | $353m | 1,419,507 | +2488% |
| Advanced Micro DevicesAMD | 0.9% | $330m | 567,313 | +35% |
| JPMorgan ChaseJPM | 0.8% | $298m | 910,802 | +25% |
| IsharesEMXC | 0.7% | $264m | 2,579,723 | -14% |
| Berkshire HathawayBRK-B | 0.7% | $251m | 502,536 | +22% |
| Applied MaterialsAMAT | 0.7% | $248m | 342,976 | +12% |
| Johnson & JohnsonJNJ | 0.6% | $232m | 912,334 | +11% |
| VisaV | 0.6% | $223m | 650,316 | +16% |
| Lam ResearchLRCX | 0.6% | $211m | 485,939 | -11% |
| IntelINTC | 0.6% | $206m | 1,478,144 | -32% |
| ExxonMobil HoldingsXOM | 0.5% | $205m | 1,497,728 | +13% |
| CaterpillarCAT | 0.5% | $202m | 189,582 | +6% |
| MastercardMA | 0.5% | $192m | 373,334 | +12% |
| WalmartWMT | 0.5% | $179m | 1,580,681 | +31% |
| Cisco SystemsCSCO | 0.5% | $176m | 1,501,542 | +11% |
| Ishares TRIJR | 0.5% | $176m | 1,185,799 | Held |
| Vanguard Index FDSVB | 0.5% | $172m | 567,165 | Held |
| GE VernovaGEV | 0.5% | $168m | 143,189 | -13% |
| Costco WholesaleCOST | 0.4% | $164m | 175,128 | +23% |
| KLAKLAC | 0.4% | $151m | 499,596 | -7% |
| Home DepotHD | 0.4% | $145m | 412,326 | +28% |
| Procter & GamblePG | 0.4% | $145m | 987,045 | +3% |
| UnitedHealth GroupUNH | 0.4% | $143m | 345,085 | +42% |
| General ElectricGE | 0.4% | $139m | 370,794 | -12% |
| Bank of AmericaBAC | 0.4% | $136m | 2,393,625 | +2% |
| Coca-ColaKO | 0.4% | $133m | 1,640,629 | -6% |
| CitigroupC | 0.3% | $128m | 912,002 | Held |
| AbbVieABBV | 0.3% | $126m | 500,373 | +10% |
| Seagate Technology HoldingsSTX | 0.3% | $124m | 129,005 | -32% |
| NetflixNFLX | 0.3% | $117m | 1,633,499 | -3% |
| Texas InstrumentsTXN | 0.3% | $112m | 376,664 | +3% |
| Wells Fargo & CompanyWFC | 0.3% | $112m | 1,357,939 | -6% |
| ChevronCVX | 0.3% | $107m | 646,010 | +43% |
| Avalonbay CommunitiesAVB | 0.3% | $105m | 557,912 | +3% |
| Palantir TechnologiesPLTR | 0.3% | $104m | 889,645 | -7% |
| MerckMRK | 0.3% | $103m | 805,085 | +22% |
| Philip Morris InternationalPM | 0.3% | $102m | 563,361 | +10% |
| Pershing SquarePS | 0.3% | $100m | 3,054,000 | New |
| TJX CompaniesTJX | 0.3% | $100m | 661,494 | +15% |
| LindeLIN | 0.3% | $100m | 193,110 | -3% |
| Western DigitalWDC | 0.3% | $97m | 151,953 | -41% |
| Marvell TechnologyMRVL | 0.3% | $96m | 322,821 | +114% |
| AmphenolAPH | 0.3% | $95m | 537,059 | +3% |
| RTXRTX | 0.3% | $94m | 497,543 | +22% |
| Thermo Fisher ScientificTMO | 0.3% | $94m | 186,915 | +39% |
| Vivmark ResidentialVMRK | 0.3% | $93m | 1,375,034 | -11% |
| MercadoLibreMELI | 0.2% | $93m | 54,766 | +8% |
| Goldman Sachs GroupGS | 0.2% | $91m | 89,796 | +54% |
| Booking HoldingsBKNG | 0.2% | $89m | 497,604 | +16% |
| PepsiCoPEP | 0.2% | $88m | 649,175 | Held |
| McDonald'sMCD | 0.2% | $88m | 325,059 | +7% |
| International Business MachinesIBM | 0.2% | $87m | 308,386 | -23% |
| CredicorpBAP | 0.2% | $86m | 219,879 | -15% |
| Palo Alto NetworksPANW | 0.2% | $81m | 238,721 | +52% |
| MckessonMCK | 0.2% | $81m | 106,650 | -5% |
| American ExpressAXP | 0.2% | $80m | 237,323 | Held |
| Verizon CommunicationsVZ | 0.2% | $80m | 1,887,464 | +5% |
| Analog DevicesADI | 0.2% | $79m | 198,762 | +9% |
| OracleORCL | 0.2% | $77m | 528,666 | +8% |
| Morgan StanleyMS | 0.2% | $77m | 366,958 | +40% |
| FortinetFTNT | 0.2% | $76m | 495,078 | -19% |
| BBB FoodsTBBB | 0.2% | $72m | 1,718,495 | +56% |
| Essex Property TrustESS | 0.2% | $71m | 243,869 | Held |
| Keysight TechnologiesKEYS | 0.2% | $71m | 202,699 | +50% |
| Intuitive SurgicalISRG | 0.2% | $71m | 177,285 | +25% |
| Arista NetworksANET | 0.2% | $70m | 411,317 | -30% |
| Bristol-Myers SquibbBMY | 0.2% | $69m | 1,190,931 | +20% |
| Vertex PharmaceuticalsVRTX | 0.2% | $67m | 135,619 | +9% |
| VeraltoVLTO | 0.2% | $67m | 759,044 | +20% |
| Dell TechnologiesDELL | 0.2% | $66m | 153,727 | -33% |
| SandiskSNDK | 0.2% | $65m | 28,741 | -11% |
| QualcommQCOM | 0.2% | $64m | 347,507 | +84% |
| Charles SchwabSCHW | 0.2% | $63m | 686,615 | +41% |
| Ross StoresROST | 0.2% | $63m | 297,558 | +7% |
| Altria GroupMO | 0.2% | $62m | 862,935 | +4% |
| CumminsCMI | 0.2% | $62m | 86,975 | +26% |
| AppLovinAPP | 0.2% | $62m | 119,688 | +125% |
| MID America Apartment CommunitiesMAA | 0.2% | $62m | 443,284 | Held |
| Trane TechnologiesTT | 0.2% | $61m | 124,700 | +41% |
| ProgressivePGR | 0.2% | $60m | 276,270 | +18% |
| ChubbCB | 0.2% | $60m | 176,107 | +64% |
| AT&TT | 0.2% | $60m | 2,882,147 | Held |
| Bank of New York MellonBNY | 0.2% | $59m | 408,049 | -6% |
| CrowdStrike HoldingsCRWD | 0.2% | $59m | 77,239 | +72% |
| Illinois Tool WorksITW | 0.2% | $58m | 215,826 | +35% |
Showing the largest 100 of 1,510.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 56.4% since 30 June 2025.
Where the money is
Technology31.5%
Financial services8.9%
Industrials8.3%
Retail & consumer7.7%
Health care6.8%
Media & telecom6.4%
Everyday goods3.8%
Real estate2.5%
Materials1.9%
Energy1.9%
Utilities1.7%
Other18.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.