Institutional Manager · CIK 0000796848
TEACHER RETIREMENT SYSTEM OF TEXAS
AUSTIN, TX · File #028-01797
Latest AUM
$28.98B
Positions
1,619
Top-10 Concentration
66.1%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | VANGUARD INDEX FDS | 922908363 | +4,116,545 | +$2.58B | +$36.9M |
| ADD | NVIDIA CORPORATION | NVDA | +784,099 | +$146.2M | -$549,898 |
| ADD | APPLE INC | AAPL | +466,094 | +$126.7M | +$72.7M |
| ADD | NETFLIX INC | NFLX | +1,338,264 | +$125.5M | -$149.1M |
| ADD | SPDR GOLD TR | GLD | +289,550 | +$114.8M | +$11.4M |
| ADD | MICROSOFT CORP | MSFT | +231,440 | +$111.9M | -$68.1M |
| ADD | ISHARES TR | 464287200 | +137,188 | +$94.0M | +$7.7M |
| ADD | VANGUARD INDEX FDS | 922908751 | +267,816 | +$69.1M | +$1.1M |
| ADD | ISHARES TR | 464287804 | +568,342 | +$68.3M | +$833,567 |
| REDUCE | ILLUMINA INC | ILMN | -518,362 | -$68.0M | +$18.9M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20251,619 pos · $28.98B
- 13F HOLDINGS REPORTQ/E Sep 20252,023 pos · $24.9M
- 13F HOLDINGS REPORTQ/E Jun 20252,054 pos · $23.8M
- 13F HOLDINGS REPORTQ/E Mar 20252,077 pos · $23.97B
- 13F HOLDINGS REPORTQ/E Dec 20241,538 pos · $27.7M
- 13F HOLDINGS REPORTQ/E Sep 20241,555 pos · $17.6M
- 13F HOLDINGS REPORTQ/E Jun 20241,556 pos · $17.6M
- 13F HOLDINGS REPORTQ/E Mar 20241,657 pos · $15.7M
- 13F HOLDINGS REPORTQ/E Dec 20231,902 pos · $15.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 6,615,774 | $4.15B | 24.82% |
| 2 | NVIDIA CORPORATION | NVDA | 7,657,821 | $1.43B | 8.54% |
| 3 | APPLE INC | AAPL | 4,682,646 | $1.27B | 7.62% |
| 4 | MICROSOFT CORP | MSFT | 2,214,496 | $1.07B | 6.41% |
| 5 | AMAZON COM INC | AMZN | 2,877,676 | $664.2M | 3.97% |
| 6 | ALPHABET INC | GOOG | 1,887,621 | $590.8M | 3.53% |
| 7 | BROADCOM INC | AVGO | 1,468,214 | $508.1M | 3.04% |
| 8 | ALPHABET INC | GOOG | 1,486,956 | $466.6M | 2.79% |
| 9 | META PLATFORMS INC | META | 698,940 | $461.4M | 2.76% |
| 10 | ISHARES TR | 464287200 | 632,560 | $433.3M | 2.59% |
| 11 | TESLA INC | TSLA | 771,205 | $346.8M | 2.07% |
| 12 | JPMORGAN CHASE & CO. | VYLD | 900,668 | $290.2M | 1.74% |
| 13 | ELI LILLY & CO | LLY | 268,894 | $289.0M | 1.73% |
| 14 | ISHARES INC | 46434G764 | 3,305,644 | $240.3M | 1.44% |
| 15 | SPDR GOLD TR | GLD | 568,900 | $225.5M | 1.35% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 419,892 | $211.1M | 1.26% |
| 17 | MASTERCARD INCORPORATED | MA | 329,822 | $188.3M | 1.13% |
| 18 | VISA INC | V | 492,579 | $172.8M | 1.03% |
| 19 | JOHNSON & JOHNSON | JNJ | 824,669 | $170.7M | 1.02% |
| 20 | WALMART INC | WMT | 1,488,076 | $165.8M | 0.99% |