Teacher Retirement System of Texas
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 30, 2026), Teacher Retirement System of Texas reported 1,478 stock positions worth $24.0 billion. Its top holding was Nvidia (NVDA) at 5.6% of the portfolio, followed by Apple (AAPL, 4.9%) and Microsoft (MSFT, 3.4%). Compared with Q4 2025, it opened 156 new positions, sold out of 298, added to 487 and reduced 827. The biggest buy was Nvidia (NVDA, shares +1%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0000796848
- Portfolio Value
- $24.0B (Q1 2026)
- SEC Filing
- 0000796848-26-000002 ↗ filed Apr 30, 2026
Holdings Value
Holdings 1,478 stocks · $24.0B
| NVDA Nvidia Corp. | 5.60% | 7,701,501 | $1.3B | Add +0.6% |
| AAPL Apple Inc. | 4.93% | 4,658,611 | $1.2B | Reduce -0.5% |
| MSFT Microsoft Corp. | 3.45% | 2,234,699 | $827.2M | Add +0.9% |
| AMZN Amazon.com Inc. | 2.51% | 2,891,976 | $602.3M | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 2.29% | 1,915,085 | $550.7M | Add +1.4% |
| VOO Vanguard S&P 500 ETF | 2.11% | 846,831 | $506.0M | Reduce -87.2% |
| AVGO Broadcom Inc. | 1.84% | 1,429,755 | $442.5M | Reduce -2.6% |
| GOOG Alphabet Inc. Class C | 1.79% | 1,497,488 | $429.6M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 1.72% | 632,560 | $413.2M | No change |
| META Meta Platforms Inc. Class A | 1.65% | 690,275 | $394.9M | Reduce -1.2% |
| TSLA Tesla Inc. | 1.22% | 784,955 | $291.8M | Add +1.8% |
| LLY Eli Lilly & Co. | 1.11% | 289,939 | $266.7M | Add +7.8% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.98% | 3,004,394 | $236.3M | Reduce -9.1% |
| XOM Exxon Mobil Corp. | 0.93% | 1,322,843 | $224.4M | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 0.89% | 729,429 | $214.6M | Reduce -19.0% |
| JNJ Johnson & Johnson | 0.84% | 823,546 | $201.3M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.82% | 410,348 | $196.6M | Reduce -2.3% |
| V Visa Inc. Class A | 0.70% | 558,754 | $168.9M | Add +13.4% |
| MA Mastercard Inc. Class A | 0.69% | 333,230 | $166.5M | Add +1.0% |
| NFLX Netflix Inc. | 0.68% | 1,690,522 | $162.5M | Add +14.8% |
| WMT Walmart Inc. | 0.62% | 1,206,883 | $150.0M | Reduce -18.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.62% | 567,165 | $148.6M | No change |
| IJR iShares Core S&P Small-Cap E | 0.61% | 1,185,799 | $147.4M | No change |
| GEV GE Vernova Inc. | 0.60% | 164,382 | $143.5M | Add +17.2% |
| COST Costco Wholesale Corp. | 0.59% | 142,170 | $141.7M | Add +1.2% |
| PLTR Palantir Technologies Inc. Class A | 0.58% | 954,254 | $139.6M | Add +12.6% |
| PG The Procter & Gamble Co. | 0.57% | 954,261 | $137.8M | Reduce -2.1% |
| KO The Coca-Cola Co. | 0.55% | 1,736,130 | $132.0M | Reduce -3.4% |
| CAT Caterpillar Inc. | 0.53% | 178,829 | $126.7M | Add +4.8% |
| GE General Electric filed as GE AEROSPACE | 0.50% | 421,759 | $119.7M | Reduce -8.4% |
| MU Micron Technology Inc. | 0.49% | 351,288 | $118.7M | Add +24.9% |
| LRCX Lam Research Corp. | 0.49% | 547,533 | $117.0M | Reduce -12.9% |
| WFC Wells Fargo & Co. | 0.48% | 1,442,575 | $114.8M | Add +19.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 2,341,477 | $114.1M | Reduce -10.1% |
| HD Home Depot Inc. | 0.44% | 322,475 | $106.1M | Reduce -2.4% |
| AMAT Applied Materials Inc. | 0.44% | 307,304 | $105.0M | Add +51.4% |
| CSCO Cisco Systems Inc. | 0.44% | 1,349,530 | $104.7M | Add +0.2% |
| C Citigroup Inc. | 0.42% | 897,008 | $101.7M | Add +44.2% |
| AG First Majestic Silver Corp. | 0.42% | 4,732,148 | $101.6M | Reduce -3.8% |
| PEP Pepsico Inc. | 0.42% | 653,762 | $101.5M | Add +32.6% |
| ABBV Abbvie Inc. | 0.41% | 456,420 | $99.3M | Reduce -22.6% |
| LIN Linde PLC | 0.41% | 199,537 | $98.9M | Add +4.8% |
| MCK McKesson Corp. | 0.40% | 111,943 | $96.9M | Add +46.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 398,350 | $96.6M | Add +27.6% |
| INTC Intel Corp. | 0.40% | 2,169,961 | $95.8M | Reduce -15.6% |
| MCD McDonald's Corp. | 0.39% | 304,232 | $94.6M | Add +24.7% |
| CVX Chevron Corp. | 0.39% | 452,316 | $93.6M | Reduce -10.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.38% | 577,652 | $92.3M | Reduce -1.9% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.38% | 1,550,713 | $91.7M | Add +55.3% |
| VZ Verizon Communications Inc. | 0.37% | 1,790,097 | $89.9M | Reduce -18.5% |
| AVB Avalonbay Communities Inc. | 0.37% | 541,135 | $88.4M | Add +55.5% |
| BAP Credicorp Ltd. | 0.36% | 257,975 | $87.5M | Add +17.2% |
| MELI MercadoLibre Inc. | 0.36% | 50,547 | $87.4M | Add +18.6% |
| AMD Advanced Micro Devices | 0.36% | 420,332 | $85.5M | Reduce -6.4% |
| PM Philip Morris International | 0.35% | 512,104 | $84.7M | Reduce -6.5% |
| T AT&T Inc. | 0.34% | 2,843,501 | $82.4M | Add +12.3% |
| MRK Merck & Co. Inc. | 0.33% | 659,877 | $79.4M | Reduce -15.2% |
| KLAC KLA Corp. | 0.33% | 53,620 | $79.0M | Reduce -0.4% |
| RTX RTX Corp. | 0.33% | 408,376 | $78.8M | Add +0.5% |
| CRM Salesforce Inc. | 0.32% | 412,680 | $77.0M | Add +39.0% |
| WMB Williams Cos Inc. | 0.31% | 1,037,372 | $75.5M | Reduce -7.4% |
| STX Seagate Technology Holdings | 0.31% | 190,131 | $74.5M | Add +40.1% |
| BKNG Booking Holdings Inc. | 0.30% | 17,187 | $72.4M | Reduce -0.1% |
| ANET Arista Networks Inc. | 0.30% | 585,647 | $71.9M | Reduce -6.6% |
| ORCL Oracle Corp. | 0.30% | 488,221 | $71.8M | Add +7.9% |
| AXP American Express Co. | 0.30% | 235,968 | $71.4M | Add +26.0% |
| TXN Texas Instruments Inc. | 0.30% | 367,171 | $71.3M | Add +22.5% |
| WDC Western Digital Corp. | 0.29% | 258,564 | $69.9M | Reduce -29.6% |
| AMX America Movil Sab DE CV | 0.28% | 2,670,300 | $68.0M | Add +60.8% |
| NOW ServiceNow Inc. | 0.28% | 645,290 | $67.5M | Add +102.3% |
| TMO Thermo Fisher Scientific Inc. | 0.28% | 134,785 | $66.3M | Add +43.7% |
| APH Amphenol Corp. Class A | 0.27% | 521,016 | $65.8M | Reduce -19.6% |
| UNH Unitedhealth Group Inc. | 0.27% | 242,762 | $65.7M | Reduce -5.1% |
| ISRG Intuitive Surgical Inc. | 0.27% | 142,368 | $65.6M | Reduce -1.5% |
| PSX Phillips 66 | 0.27% | 358,832 | $65.4M | Add +295.1% |
| ADBE Adobe Inc. | 0.27% | 262,582 | $63.8M | Add +21.8% |
| INTU Intuit Inc. | 0.26% | 146,270 | $63.2M | Add +8.3% |
| GD General Dynamics Corp. | 0.25% | 177,009 | $60.8M | Reduce -2.9% |
| AU Anglogold Ashanti PLC | 0.25% | 618,930 | $60.3M | Reduce -16.7% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 992,376 | $60.2M | Reduce -14.0% |
| ROST Ross Stores Inc. | 0.25% | 277,565 | $60.1M | Reduce -11.3% |
| UBER Uber Technologies Inc. | 0.25% | 835,225 | $60.1M | Add +50.7% |
| ACN Accenture PLC Class A | 0.25% | 302,589 | $60.0M | Add +7.2% |
| AMT American Tower Corp. | 0.25% | 347,326 | $59.9M | Add +30.6% |
| PEGA Pegasystems Inc. | 0.25% | 1,396,021 | $59.4M | Reduce -0.3% |
| GM General Motors Co. | 0.25% | 794,863 | $59.2M | Add +0.6% |
| ESS Essex Property Trust Inc. | 0.25% | 244,402 | $59.1M | Add +55.2% |
| MPC Marathon Petroleum Corp. | 0.24% | 239,138 | $58.4M | Add +10.7% |
| AON Aon PLC Class A | 0.24% | 180,893 | $58.4M | Add +61.1% |
| ADI Analog Devices Inc. | 0.24% | 182,090 | $57.9M | Add +15.8% |
| VLTO Veralto Corp. | 0.23% | 633,077 | $56.0M | Add +6.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 124,317 | $55.5M | Add +12.0% |
| APG Api Group Corp. | 0.23% | 1,357,740 | $55.0M | Reduce -39.6% |
| MO Altria Group Inc. | 0.23% | 827,807 | $54.6M | Reduce -29.2% |
| TEL Te Connectivity PLC | 0.23% | 260,335 | $54.4M | Add +14.8% |
| MAA Mid-America Apartment Comm | 0.23% | 444,253 | $54.3M | Add +55.2% |
| LECO Lincoln Electric Holdings | 0.22% | 216,505 | $53.9M | Add +1280.2% |
| CBOE Cboe Global Markets Inc. | 0.22% | 191,105 | $53.7M | Add +4059.0% |
| NEM Newmont Corp. | 0.22% | 492,495 | $53.3M | Reduce -23.0% |
| MNST Monster Beverage Corp. | 0.22% | 718,720 | $52.1M | Reduce -2.2% |
Portfolio Sells Q4 2025 → Q1 2026
| VOO Vanguard S&P 500 ETF | Reduce -87.2% | 2.11% | −12.24 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.78 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.31 |
| FLUT Flutter Entertainment PLC-Di | Reduce -99.1% | 0.00% | −0.21 |
| ADSK Autodesk Inc. | Reduce -51.4% | 0.18% | −0.20 |
| SARO Standardaero Inc. | Reduce -98.7% | 0.00% | −0.19 |
| IAUM iShares Gold Trust Micro | Sold out | 0.00% | −0.19 |
| AZO AutoZone Inc. | Reduce -78.9% | 0.06% | −0.17 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −0.15 |
| DIS The Walt Disney Co. | Reduce -50.1% | 0.13% | −0.12 |
| QCOM Qualcomm Inc. | Reduce -49.2% | 0.10% | −0.12 |
| CI The Cigna Group | Reduce -56.9% | 0.11% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -19.0% | 0.89% | −0.11 |
| SPGI S&P Global Inc. | Reduce -51.1% | 0.10% | −0.11 |
| B Barrick Mining Corp. | Sold out | 0.00% | −0.11 |
| BROS Dutch Bros Inc. Class A | Sold out | 0.00% | −0.10 |
| CERT Certara Inc. | Reduce -47.1% | 0.07% | −0.10 |
| CASY Casey's General Stores Inc. | Reduce -61.8% | 0.14% | −0.09 |
| ADP Automatic Data Processing | Reduce -37.4% | 0.14% | −0.09 |
| BL Blackline Inc. | Sold out | 0.00% | −0.09 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.09 |
| VEEV Veeva Systems Inc. Class A | Reduce -33.6% | 0.14% | −0.08 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.08 |
| WPM Wheaton Precious Metals Corp. | Sold out | 0.00% | −0.07 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.07 |
| ROP Roper Technologies Inc. | Reduce -69.9% | 0.03% | −0.07 |
| APG Api Group Corp. | Reduce -39.6% | 0.23% | −0.07 |
| BSX Boston Scientific Corp. | Reduce -21.1% | 0.11% | −0.07 |
| ESAB Esab Corp. | Reduce -96.1% | 0.00% | −0.07 |
| CMCSA Comcast Corp. Class A | Reduce -35.1% | 0.19% | −0.06 |
| PYPL PayPal Holdings Inc. | Reduce -65.8% | 0.03% | −0.06 |
| ABT Abbott Laboratories | Reduce -31.4% | 0.13% | −0.06 |
| MDT Medtronic PLC | Reduce -63.5% | 0.04% | −0.06 |
| WSM Williams-Sonoma Inc. | Reduce -98.2% | 0.00% | −0.06 |
| FANG Diamondback Energy Inc. | Reduce -79.4% | 0.03% | −0.06 |
| MBC Masterbrand Inc. | Reduce -82.5% | 0.01% | −0.06 |
| ROK Rockwell Automation Inc. | Reduce -55.5% | 0.05% | −0.05 |
| ABBV Abbvie Inc. | Reduce -22.6% | 0.41% | −0.05 |
| ECL Ecolab Inc. | Reduce -56.5% | 0.05% | −0.05 |
| GEHC GE Healthcare Technology | Reduce -51.5% | 0.05% | −0.05 |
| AMH American Homes 4 Rent- A | Reduce -93.6% | 0.00% | −0.05 |
| RPM RPM International Inc. | Sold out | 0.00% | −0.04 |
| PFE Pfizer Inc. | Reduce -41.4% | 0.17% | −0.04 |
| FLEX Flex Ltd. | Reduce -69.3% | 0.03% | −0.04 |
| DOCU Docusign Inc. | Reduce -88.4% | 0.00% | −0.04 |
| EW Edwards Lifesciences Corp. | Reduce -56.5% | 0.04% | −0.04 |
| PEGA Pegasystems Inc. | Reduce -0.3% | 0.25% | −0.04 |
| SSNC Ss&c Technologies Holdings | Reduce -97.6% | 0.00% | −0.04 |
| PAYX Paychex Inc. | Reduce -64.3% | 0.02% | −0.04 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| NVDA Nvidia Corp. | Add +0.6% | 5.60% | +0.66 |
| GEV GE Vernova Inc. | Add +17.2% | 0.60% | +0.28 |
| AMAT Applied Materials Inc. | Add +51.4% | 0.44% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 2.29% | +0.25 |
| PSX Phillips 66 | Add +295.1% | 0.27% | +0.23 |
| CBOE Cboe Global Markets Inc. | Add +4059.0% | 0.22% | +0.22 |
| MU Micron Technology Inc. | Add +24.9% | 0.49% | +0.22 |
| AMZN Amazon.com Inc. | Add +0.5% | 2.51% | +0.21 |
| LECO Lincoln Electric Holdings | Add +1280.2% | 0.22% | +0.21 |
| NFLX Netflix Inc. | Add +14.8% | 0.68% | +0.20 |
| VRT Vertiv Holdings Co. Class A | Add +1511.2% | 0.20% | +0.20 |
| CAT Caterpillar Inc. | Add +4.8% | 0.53% | +0.19 |
| MCK McKesson Corp. | Add +46.2% | 0.40% | +0.19 |
| STX Seagate Technology Holdings | Add +40.1% | 0.31% | +0.18 |
| PEP Pepsico Inc. | Add +32.6% | 0.42% | +0.18 |
| BLK BlackRock Inc. | New | 0.18% | +0.18 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 1.79% | +0.18 |
| C Citigroup Inc. | Add +44.2% | 0.42% | +0.17 |
| COST Costco Wholesale Corp. | Add +1.2% | 0.59% | +0.17 |
| AMX America Movil Sab DE CV | Add +60.8% | 0.28% | +0.16 |
| VMRK Vivmark Residential | Add +55.3% | 0.38% | +0.16 |
| EQIX Equinix Inc. | Add +170.0% | 0.21% | +0.16 |
| AVB Avalonbay Communities Inc. | Add +55.5% | 0.37% | +0.15 |
| CFG Citizens Financial Group | Add +4168.1% | 0.15% | +0.15 |
| BAP Credicorp Ltd. | Add +17.2% | 0.36% | +0.15 |
| KEYS Keysight Technologies Inc. | Add +491.8% | 0.16% | +0.14 |
| TER Teradyne Inc. | Add +256.6% | 0.17% | +0.14 |
| FERG Ferguson Enterprises Inc. | Add +161.4% | 0.20% | +0.14 |
| MCD McDonald's Corp. | Add +24.7% | 0.39% | +0.14 |
| FTNT Fortinet Inc. | Add +129.6% | 0.21% | +0.13 |
| LIN Linde PLC | Add +4.8% | 0.41% | +0.13 |
| T AT&T Inc. | Add +12.3% | 0.34% | +0.13 |
| MPC Marathon Petroleum Corp. | Add +10.7% | 0.24% | +0.12 |
| DECK Deckers Outdoor Corp. | Add +5717.9% | 0.12% | +0.12 |
| TXN Texas Instruments Inc. | Add +22.5% | 0.30% | +0.12 |
| WAB Wabtec Corp. | Add +418.3% | 0.14% | +0.12 |
| VIK Viking Holdings Ltd. | New | 0.12% | +0.12 |
| ILMN Illumina Inc. | Add +4289.4% | 0.11% | +0.11 |
| NOW ServiceNow Inc. | Add +102.3% | 0.28% | +0.11 |
| LLY Eli Lilly & Co. | Add +7.8% | 1.11% | +0.11 |
| DELL Dell Technologies -C | Add +115.4% | 0.16% | +0.11 |
| AON Aon PLC Class A | Add +61.1% | 0.24% | +0.11 |
| V Visa Inc. Class A | Add +13.4% | 0.70% | +0.11 |
| FCX Freeport-McMoran Inc. | Add +138.9% | 0.15% | +0.11 |
| ESS Essex Property Trust Inc. | Add +55.2% | 0.25% | +0.10 |
| SHW The Sherwin-Williams Co. | Add +81.0% | 0.19% | +0.10 |
| OTIS Otis Worldwide Corp. | Add +221.3% | 0.14% | +0.10 |
| EOG EOG Resources Inc. | Add +92.9% | 0.15% | +0.10 |
| FDX FedEx Corp. | Add +129.9% | 0.14% | +0.10 |
| MTD Mettler-Toledo International | Add +2700.7% | 0.10% | +0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,510 | $37.3B | VOO, SPCX, NVDA, AAPL, MSFT |
| Q1 2026 | 1,478 | $24.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 1,619 | $28.9B | VOO, NVDA, AAPL, MSFT, AMZN |
| Q3 2025 | 2,023 | $24.9B | VOO, NVDA, AAPL, MSFT, AMZN |
| Q2 2025 | 2,054 | $23.8B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 2,077 | $24.0B | IVV, AAPL, NVDA, MSFT, AMZN |
| Q4 2024 | 1,538 | $27.7B | IVV, AAPL, NVDA, MSFT, AMZN |
| Q3 2024 | 1,484 | $21.0B | AAPL, MSFT, NVDA, GOOGL, AMZN |
| Q2 2024 | 1,556 | $17.6B | MSFT, AAPL, NVDA, INFA, GOOGL |
| Q1 2024 | 1,657 | $15.7B | MSFT, AAPL, NVDA, AMZN, GOOGL |