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TEACHER RETIREMENT SYSTEM OF TEXAS — 13F Holdings & Portfolio

CIK 796848 · latest 13F-HR filed 2026-08-14

Backtest portfolio

TEACHER RETIREMENT SYSTEM OF TEXAS manages $37.26B in 13F-reported U.S. long-equity assets across 1,510 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VOO (14.31%), SPCX (6.86%), NVDA (4.40%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 202 new positions and exited 170; 718 existing positions rose in reported value and 470 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$37.26B

Long-equity book

Holdings
1,510

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+202 / −170 / ↑718 / ↓470

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
VOO14.3% · +817%SPCX6.9% · newNVDA4.4% · +6%AAPL4.1% · +13%MSFT2.5% · +12%AMZN2.2% · +18%GOOGL2.0% · +11%AVGO1.6% · +11%GOOG1.5% · +8%IVV1.3% · 0%MU1.2% · +14%META1.2% · +16%TSLA1.0% · +17%LLY1.0% · +11%PSUS1.0% · newCEG0.9% · +2488%AMD0.9% · +35%JPM0.8% · +25%EMXC0.7% · -14%BRK.B0.7% · +22%AMAT0.7% · +12%JNJ0.6% · +11%V0.6% · +16%LRCX0.6% · -11%INTC0.6% · -32%XOM0.6% · +13%CAT0.5% · +6%MA0.5% · +12%WMT0.5% · +31%CSCO0.5% · +11%IJR0.5% · 0%VB0.5% · 0%GEV0.5% · -13%COST0.4% · +23%KLAC0.4% · +832%HD0.4% · +28%PG0.4% · +3%UNH0.4% · +42%GE0.4% · -12%BAC0.4% · +2%KO0.4% · -6%C0.3% · +2%ABBV0.3% · +10%STX0.3% · -32%NFLX0.3% · -3%TXN0.3% · +3%WFC0.3% · -6%CVX0.3% · +43%AVB0.3% · +3%PLTR0.3% · -7%MRK0.3% · +22%PM0.3% · +10%PS0.3% · newTJX0.3% · +14%LIN0.3% · -3%WDC0.3% · -41%MRVL0.3% · +114%APH0.3% · +3%RTX0.3% · +22%TMO0.3% · +39%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 40.8%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

Name Title / Status Ownership Type

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

TEACHER RETIREMENT SYSTEM OF TEXAS Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VOO 922908363 $5.33B 14.31% 7,762,285 SH
2 SPACE EXPLORATION TECHN CORP SPCX 84615Q103 $2.56B 6.86% 14,957,447 SH
3 NVIDIA CORPORATION NVDA 67066G104 $1.64B 4.40% 8,199,890 SH
4 APPLE INC AAPL 037833100 $1.53B 4.10% 5,278,393 SH
5 MICROSOFT CORP MSFT 594918104 $932.8M 2.50% 2,500,591 SH
6 AMAZON COM INC AMZN 023135106 $810.0M 2.17% 3,398,689 SH
7 ALPHABET INC GOOGL 02079K305 $758.5M 2.04% 2,122,475 SH
8 BROADCOM INC AVGO 11135F101 $601.4M 1.61% 1,591,945 SH
9 ALPHABET INC GOOG 02079K107 $573.2M 1.54% 1,622,321 SH
10 ISHARES TR IVV 464287200 $473.7M 1.27% 632,560 SH
11 MICRON TECHNOLOGY INC MU 595112103 $460.1M 1.23% 398,575 SH
12 META PLATFORMS INC META 30303M102 $452.0M 1.21% 802,424 SH
13 TESLA INC TSLA 88160R101 $385.1M 1.03% 915,687 SH
14 ELI LILLY & CO LLY 532457108 $384.9M 1.03% 320,915 SH
15 PERSHING SQUARE USA LTD PSUS 71531T105 $383.9M 1.03% 10,270,000 SH
16 CONSTELLATION ENERGY CORP CEG 21037T109 $352.6M 0.95% 1,419,507 SH
17 ADVANCED MICRO DEVICES INC AMD 007903107 $329.6M 0.88% 567,313 SH
18 JPMORGAN CHASE & CO JPM 46625H100 $298.1M 0.80% 910,802 SH
19 ISHARES INC EMXC 46434G764 $263.9M 0.71% 2,579,723 SH
20 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $251.5M 0.67% 502,536 SH
21 APPLIED MATLS INC AMAT 038222105 $248.0M 0.67% 342,976 SH
22 JOHNSON & JOHNSON JNJ 478160104 $231.7M 0.62% 912,334 SH
23 VISA INC V 92826C839 $223.1M 0.60% 650,316 SH
24 LAM RESEARCH CORP LRCX 512807306 $210.6M 0.57% 485,939 SH
25 INTEL CORP INTC 458140100 $206.4M 0.55% 1,478,144 SH
26 EXXON MOBIL CORP XOM 30231G102 $204.8M 0.55% 1,497,728 SH
27 CATERPILLAR INC CAT 149123101 $201.9M 0.54% 189,582 SH
28 MASTERCARD INCORPORATED MA 57636Q104 $191.7M 0.51% 373,334 SH
29 WALMART INC WMT 931142103 $179.0M 0.48% 1,580,681 SH
30 CISCO SYS INC CSCO 17275R102 $176.4M 0.47% 1,501,542 SH
31 ISHARES TR IJR 464287804 $175.9M 0.47% 1,185,799 SH
32 VANGUARD INDEX FDS VB 922908751 $171.9M 0.46% 567,165 SH
33 GE VERNOVA INC GEV 36828A101 $168.2M 0.45% 143,189 SH
34 COSTCO WHOLESALE CORPORATION COST 22160K105 $163.8M 0.44% 175,128 SH
35 KLA CORP KLAC 482480100 $150.7M 0.40% 499,596 SH
36 HOME DEPOT INC HD 437076102 $145.4M 0.39% 412,326 SH
37 PROCTER & GAMBLE CO PG 742718109 $144.7M 0.39% 987,045 SH
38 UNITEDHEALTH GROUP INC UNH 91324P102 $143.4M 0.38% 345,085 SH
39 GE AEROSPACE GE 369604301 $138.6M 0.37% 370,794 SH
40 BANK OF AMER CORP BAC 060505104 $136.4M 0.37% 2,393,625 SH
41 COCA COLA CO KO 191216100 $133.3M 0.36% 1,640,629 SH
42 CITIGROUP INC C 172967424 $127.6M 0.34% 912,002 SH
43 ABBVIE INC ABBV 00287Y109 $125.9M 0.34% 500,373 SH
44 SEAGATE TECHNOLOGY HLDNGS PL STX G7997R103 $124.5M 0.33% 129,005 SH
45 NETFLIX INC. NFLX 64110L106 $116.6M 0.31% 1,633,499 SH
46 TEXAS INSTRS INC TXN 882508104 $112.3M 0.30% 376,664 SH
47 WELLS FARGO & CO WFC 949746101 $112.2M 0.30% 1,357,939 SH
48 CHEVRON CORPORATION CVX 166764100 $107.1M 0.29% 646,010 SH
49 AVALONBAY CMNTYS INC AVB 053484101 $105.3M 0.28% 557,912 SH
50 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $103.8M 0.28% 889,645 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $37.26B 1,510 0000796848-26-000010
2026-03-31 2026-04-30 $24.00B 1,478 0000796848-26-000002
2025-12-31 2026-01-28 $28.92B 1,619 0000796848-26-000001
Filer Information
Address
4655 MUELLER BLVD
AUSTIN, TX 78723
Phone
(512) 542-6275
Filing Manager
TEACHER RETIREMENT SYSTEM OF TEXAS
AUSTIN, TX
Signatory
Heather Traeger
General Counsel and Chief Compliance Officer