Tiaa Trust, National Association
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Tiaa Trust, National Association reported 639 stock positions worth $38.4 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 10.2% of the portfolio, followed by iShares MBS ETF (MBB, 5.8%) and iShares Core MSCI Emerging (IEMG, 5.2%). Compared with Q1 2025, it opened 33 new positions, sold out of 29, added to 221 and reduced 345. The biggest buy was iShares MBS ETF (MBB, shares +349%) and the biggest sale iShares Core MSCI Eafe ETF (IEFA, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0001997405
- Portfolio Value
- $38.4B (Q2 2025)
- SEC Filing
- 0000930413-25-002382 ↗ filed Aug 5, 2025
Holdings Value
Holdings 639 stocks · $38.4B
| IEFA iShares Core MSCI Eafe ETF | 10.16% | 46,789,572 | $3.9B | Reduce -7.6% |
| MBB iShares MBS ETF | 5.85% | 23,964,909 | $2.2B | Add +349.3% |
| IEMG iShares Core MSCI Emerging | 5.16% | 33,093,734 | $2.0B | Reduce -9.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.13% | 3,619,723 | $1.6B | Reduce -0.0% |
| IWY iShares Russell Top 200 Grow | 3.92% | 6,102,300 | $1.5B | Add +1.2% |
| USIG iShares Broad Usd Investment | 3.10% | 23,177,950 | $1.2B | Add +317.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.01% | 6,541,318 | $1.2B | Add +0.7% |
| VEA Vanguard Ftse Developed ETF | 2.95% | 19,859,881 | $1.1B | Reduce -10.9% |
| SCZ iShares MSCI Eafe Small-Cap | 2.79% | 14,807,882 | $1.1B | Add +91.0% |
| IWX iShares Russell Top 200 Valu | 2.77% | 12,631,293 | $1.1B | Add +13.2% |
| ESGU iShares ESG Aware MSCI USA | 2.20% | 6,274,672 | $844.0M | Add +7.4% |
| IWF iShares Russell 1000 Growth | 2.18% | 1,980,891 | $837.6M | Reduce -2.5% |
| AGG iShares Core U.S. Aggregate | 2.10% | 8,153,181 | $808.0M | Reduce -7.0% |
| GOVT iShares US Treasury Bond ETF | 1.84% | 30,751,087 | $705.0M | Add +17484.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.59% | 12,455,750 | $610.7M | Add +1.7% |
| MUB iShares National Muni Bond E | 1.43% | 5,265,134 | $550.1M | Add +3.8% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.43% | 13,580,167 | $549.9M | Add +5.7% |
| VONG Vanguard Russell 1000 Growth | 1.36% | 4,788,802 | $522.9M | Add +3.1% |
| VWO Vanguard Ftse Emerging Marke | 1.23% | 9,530,244 | $471.4M | Reduce -5.0% |
| IWS iShares Russell Mid-Cap Valu | 1.17% | 3,393,013 | $448.3M | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 1.14% | 773,577 | $439.4M | Reduce -4.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.11% | 1,523,798 | $426.4M | Reduce -9.1% |
| IWN iShares Russell 2000 Value E | 1.10% | 2,672,631 | $421.5M | Reduce -6.0% |
| IVV iShares Core S&P 500 ETF | 1.05% | 646,928 | $401.7M | Reduce -15.6% |
| IWO iShares Russell 2000 Growth | 1.02% | 1,375,677 | $392.6M | Reduce -8.5% |
| AAPL Apple Inc. | 0.99% | 1,846,239 | $378.8M | Reduce -0.3% |
| VONV Vanguard Russell 1000 Value | 0.98% | 4,400,842 | $375.0M | Add +7.0% |
| SUB iShares Short-Term National | 0.95% | 3,412,277 | $362.9M | Add +9.0% |
| MSFT Microsoft Corp. | 0.94% | 724,398 | $360.3M | Add +5.3% |
| ESGD iShares Trust iShares ESG Aw | 0.92% | 3,964,182 | $353.2M | Reduce -7.3% |
| IWP iShares Russell Mid-Cap Grow | 0.92% | 2,540,797 | $352.3M | Reduce -9.1% |
| USHY iShares Broad Usd High Yield | 0.86% | 8,868,136 | $332.0M | Add +112.2% |
| IWR iShares Russell Mid-Cap ETF | 0.85% | 3,567,868 | $328.1M | Reduce -14.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.83% | 1,123,039 | $320.4M | Add +4.4% |
| QDF NT Qual Div ETF | 0.77% | 4,048,052 | $295.3M | Add +4.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.72% | 1,674,337 | $275.4M | Reduce -2.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.65% | 818,117 | $248.7M | Reduce -8.7% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.61% | 2,512,786 | $236.1M | Add +2.7% |
| NVDA Nvidia Corp. | 0.61% | 1,491,750 | $235.7M | Add +9.4% |
| IWD iShares Russell 1000 Value E | 0.59% | 1,172,858 | $227.2M | Reduce -1.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.58% | 942,231 | $223.3M | Reduce -1.5% |
| IQLT iShares MSCI International Q | 0.57% | 5,038,993 | $217.8M | Reduce -15.2% |
| SPEM State Street SP PTF Em ETF | 0.55% | 4,954,573 | $211.8M | Reduce -18.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.52% | 3,823,232 | $200.1M | Add +30.6% |
| AMZN Amazon.com Inc. | 0.51% | 892,179 | $195.7M | Add +8.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.50% | 2,030,896 | $193.6M | Add +52.4% |
| IWB iShares Russell 1000 ETF | 0.49% | 558,947 | $189.2M | Reduce -3.9% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.48% | 653,635 | $185.9M | Reduce -13.0% |
| BIV Vanguard Intermediate-Term B | 0.48% | 2,372,485 | $183.5M | Add +23.4% |
| BND Vanguard Total Bond Market | 0.47% | 2,470,057 | $181.9M | Add +7.4% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.47% | 4,292,766 | $179.9M | Add +11.2% |
| GOOGL Alphabet Inc. Class A | 0.47% | 1,020,552 | $179.9M | Add +3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 288,051 | $178.0M | Reduce -5.1% |
| ESGE iShares Inc. iShares ESG Awar | 0.45% | 4,434,498 | $173.4M | Reduce -9.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.40% | 782,506 | $152.6M | Add +1.0% |
| SCHC Schwab Intl Small-Cap Equity | 0.38% | 3,421,181 | $145.7M | Add +68.3% |
| EFV iShares MSCI Eafe Value ETF | 0.38% | 2,269,601 | $144.1M | Add +48.0% |
| META Meta Platforms Inc. Class A | 0.37% | 195,013 | $143.9M | Add +6.0% |
| JPM JPMorgan Chase & Co. | 0.36% | 481,936 | $139.7M | Add +2.9% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.36% | 493,193 | $136.6M | Add +5.0% |
| IWM iShares Russell 2000 ETF | 0.33% | 582,675 | $125.7M | Reduce -6.9% |
| EMB iShares JP Morgan Usd Emergi | 0.33% | 1,349,016 | $124.9M | Add +211.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 230,402 | $111.9M | Reduce -6.7% |
| BNDX Vanguard Total Intl Bond ETF | 0.26% | 2,007,061 | $99.4M | New |
| AVGO Broadcom Inc. | 0.25% | 344,820 | $95.0M | Reduce -6.2% |
| ESML iShares ESG Aware MSCI USA S | 0.24% | 2,200,075 | $90.9M | Reduce -10.0% |
| QUAL iShares MSCI USA Quality Fac | 0.21% | 434,712 | $79.5M | Reduce -16.6% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 0.20% | 2,146,017 | $76.2M | Reduce -1.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.19% | 668,262 | $74.8M | Add +4.8% |
| IJH iShares Core S&P Midcap ETF | 0.19% | 1,164,247 | $72.2M | Reduce -3.8% |
| V Visa Inc. Class A | 0.18% | 193,628 | $68.7M | Reduce -1.7% |
| LLY Eli Lilly & Co. | 0.17% | 82,301 | $64.2M | Reduce -9.1% |
| NUSC Nuveen ESG Small-Cap ETF | 0.16% | 1,467,595 | $59.8M | Reduce -4.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 81 | $59.0M | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 0.15% | 189,214 | $59.0M | Add +32.7% |
| IJR iShares Core S&P Small-Cap E | 0.15% | 516,031 | $56.4M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 0.14% | 313,599 | $55.6M | Reduce -4.4% |
| XOM Exxon Mobil Corp. | 0.14% | 509,689 | $54.9M | Reduce -1.2% |
| WMT Walmart Inc. | 0.14% | 549,622 | $53.7M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.14% | 342,236 | $52.3M | Reduce -18.2% |
| TMO Thermo Fisher Scientific Inc. | 0.13% | 123,948 | $50.3M | Add +10.5% |
| ORCL Oracle Corp. | 0.13% | 222,687 | $48.7M | Reduce -7.5% |
| AMLP Alerian MLP ETF | 0.13% | 982,685 | $48.1M | Add +8.1% |
| MA Mastercard Inc. Class A | 0.12% | 82,758 | $46.5M | Reduce -2.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.12% | 730,193 | $46.1M | Reduce -24.4% |
| JMUB JPMorgan Municipal ETF | 0.12% | 910,262 | $45.2M | Add +53.1% |
| NYF iShares New York Muni Bond E | 0.12% | 858,675 | $44.8M | Reduce -13.2% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.12% | 555,840 | $44.2M | Reduce -7.6% |
| NOW ServiceNow Inc. | 0.11% | 41,715 | $42.9M | Reduce -1.4% |
| WFC Wells Fargo & Co. | 0.11% | 515,353 | $41.3M | Add +24.6% |
| CMF iShares California Muni Bond | 0.11% | 732,028 | $40.8M | Add +31.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.11% | 494,641 | $40.4M | Add +3052.6% |
| SPSB SS SPDR P St C Corp. ETF | 0.10% | 1,334,361 | $40.2M | Reduce -28.6% |
| NUEM Nuveen ESG Emerging Markets | 0.10% | 1,180,714 | $39.2M | Reduce -14.3% |
| IAU iShares Gold Trust | 0.10% | 627,414 | $39.1M | Reduce -25.7% |
| SNOW Snowflake Inc. | 0.10% | 172,762 | $38.7M | Add +36.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 797,974 | $37.8M | Add +13.0% |
| INTU Intuit Inc. | 0.10% | 47,863 | $37.7M | Add +260.9% |
| PEP Pepsico Inc. | 0.10% | 282,130 | $37.3M | Add +13.0% |
| NUMV Nuveen ESG Mid-Cap Value ETF | 0.09% | 1,004,386 | $36.2M | Reduce -17.6% |
Portfolio Sells Q1 2025 → Q2 2025
| IEFA iShares Core MSCI Eafe ETF | Reduce -7.6% | 10.16% | −1.79 |
| IEMG iShares Core MSCI Emerging | Reduce -9.8% | 5.16% | −1.02 |
| AGG iShares Core U.S. Aggregate | Reduce -7.0% | 2.10% | −0.60 |
| VEA Vanguard Ftse Developed ETF | Reduce -10.9% | 2.95% | −0.58 |
| IVV iShares Core S&P 500 ETF | Reduce -15.6% | 1.05% | −0.30 |
| AAPL Apple Inc. | Reduce -0.3% | 0.99% | −0.30 |
| IWR iShares Russell Mid-Cap ETF | Reduce -14.4% | 0.85% | −0.25 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -9.1% | 1.11% | −0.24 |
| IWN iShares Russell 2000 Value E | Reduce -6.0% | 1.10% | −0.24 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -68.2% | 0.09% | −0.24 |
| SPEM State Street SP PTF Em ETF | Reduce -18.3% | 0.55% | −0.19 |
| VWO Vanguard Ftse Emerging Marke | Reduce -5.0% | 1.23% | −0.19 |
| IWO iShares Russell 2000 Growth | Reduce -8.5% | 1.02% | −0.18 |
| ESGD iShares Trust iShares ESG Aw | Reduce -7.3% | 0.92% | −0.17 |
| IQLT iShares MSCI International Q | Reduce -15.2% | 0.57% | −0.17 |
| VOO Vanguard S&P 500 ETF | Reduce -4.9% | 1.14% | −0.16 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.1% | 0.72% | −0.14 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -8.7% | 0.65% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.7% | 0.29% | −0.12 |
| IWD iShares Russell 1000 Value E | Reduce -1.8% | 0.59% | −0.11 |
| IWP iShares Russell Mid-Cap Grow | Reduce -9.1% | 0.92% | −0.11 |
| IWF iShares Russell 1000 Growth | Reduce -2.5% | 2.18% | −0.11 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -13.0% | 0.48% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -35.0% | 0.09% | −0.09 |
| JNJ Johnson & Johnson | Reduce -18.2% | 0.14% | −0.08 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -9.1% | 0.45% | −0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.5% | 0.58% | −0.08 |
| QUAL iShares MSCI USA Quality Fac | Reduce -16.6% | 0.21% | −0.07 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -28.6% | 0.10% | −0.07 |
| KO The Coca-Cola Co. | Reduce -53.3% | 0.04% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -9.1% | 0.17% | −0.07 |
| TLT iShares 20+ Year Treasury BD | Reduce -43.9% | 0.06% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.1% | 0.46% | −0.07 |
| COP Conocophillips | Reduce -74.2% | 0.01% | −0.06 |
| IWB iShares Russell 1000 ETF | Reduce -3.9% | 0.49% | −0.06 |
| IWM iShares Russell 2000 ETF | Reduce -6.9% | 0.33% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -88.5% | 0.01% | −0.06 |
| ESML iShares ESG Aware MSCI USA S | Reduce -10.0% | 0.24% | −0.06 |
| WDAY Workday Inc. Class A | Reduce -94.6% | 0.00% | −0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.0% | 4.13% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -69.4% | 0.02% | −0.05 |
| COR Cencora Inc. | Reduce -85.1% | 0.01% | −0.05 |
| IAU iShares Gold Trust | Reduce -25.7% | 0.10% | −0.05 |
| BX Blackstone Inc. | Reduce -81.0% | 0.01% | −0.05 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -37.0% | 0.06% | −0.05 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -1.2% | 0.15% | −0.05 |
| REGN Regeneron Pharmaceuticals | Reduce -93.1% | 0.00% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -1.2% | 0.14% | −0.05 |
| VPU Vanguard Utilities ETF | Reduce -89.7% | 0.00% | −0.05 |
| NYF iShares New York Muni Bond E | Reduce -13.2% | 0.12% | −0.05 |
Portfolio Buys Q1 2025 → Q2 2025
| MBB iShares MBS ETF | Add +349.3% | 5.85% | +4.29 |
| USIG iShares Broad Usd Investment | Add +317.1% | 3.10% | +2.21 |
| GOVT iShares US Treasury Bond ETF | Add +17484.2% | 1.84% | +1.82 |
| SCZ iShares MSCI Eafe Small-Cap | Add +91.0% | 2.79% | +1.26 |
| USHY iShares Broad Usd High Yield | Add +112.2% | 0.86% | +0.38 |
| BNDX Vanguard Total Intl Bond ETF | New | 0.26% | +0.26 |
| EMB iShares JP Morgan Usd Emergi | Add +211.1% | 0.33% | +0.20 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +52.4% | 0.50% | +0.17 |
| NVDA Nvidia Corp. | Add +9.4% | 0.61% | +0.15 |
| SCHC Schwab Intl Small-Cap Equity | Add +68.3% | 0.38% | +0.15 |
| MSFT Microsoft Corp. | Add +5.3% | 0.94% | +0.13 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +3052.6% | 0.11% | +0.10 |
| EFV iShares MSCI Eafe Value ETF | Add +48.0% | 0.38% | +0.09 |
| INTU Intuit Inc. | Add +260.9% | 0.10% | +0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +30.6% | 0.52% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +641.5% | 0.06% | +0.05 |
| XLP SS Consumer Staples Sel Sect | Add +650.2% | 0.06% | +0.05 |
| CME Cme Group Inc. | Add +2167.3% | 0.05% | +0.05 |
| META Meta Platforms Inc. Class A | Add +6.0% | 0.37% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +308.1% | 0.05% | +0.04 |
| SNOW Snowflake Inc. | Add +36.6% | 0.10% | +0.04 |
| NET Cloudflare Inc. Class A | Add +3643.4% | 0.04% | +0.04 |
| PM Philip Morris International | Add +171.0% | 0.07% | +0.04 |
| RTX RTX Corp. | Add +97.2% | 0.09% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1886.3% | 0.04% | +0.04 |
| IAGG iShares Intl Aggregate Bond | New | 0.04% | +0.04 |
| MS Morgan Stanley | Add +225.8% | 0.05% | +0.04 |
| EQT Eqt Corp. | Add +5171.8% | 0.04% | +0.04 |
| ISRG Intuitive Surgical Inc. | Add +849.4% | 0.04% | +0.04 |
| MCK McKesson Corp. | Add +243.1% | 0.05% | +0.04 |
| EMLC Vaneck JPM Em Local Curr BND | Add +171.9% | 0.06% | +0.03 |
| CYBR Cyberark Software Ltd./Israel | New | 0.03% | +0.03 |
| XLC SS Comm Select Sector SPDR | Add +2108.5% | 0.03% | +0.03 |
| JMUB JPMorgan Municipal ETF | Add +53.1% | 0.12% | +0.03 |
| AMZN Amazon.com Inc. | Add +8.0% | 0.51% | +0.02 |
| BIV Vanguard Intermediate-Term B | Add +23.4% | 0.48% | +0.02 |
| VONG Vanguard Russell 1000 Growth | Add +3.1% | 1.36% | +0.02 |
| PSLV Sprott Physical Silver Trust | Add +297.5% | 0.03% | +0.02 |
| TEAM Atlassian Corp. Class A | Add +89.5% | 0.05% | +0.02 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Add +2.7% | 0.61% | +0.02 |
| BROS Dutch Bros Inc. Class A | New | 0.02% | +0.02 |
| KKR KKR & Co. Inc. | Add +30.9% | 0.07% | +0.02 |
| WFC Wells Fargo & Co. | Add +24.6% | 0.11% | +0.01 |
| CEF Sprott Physical Gold and Sil | Add +119.1% | 0.03% | +0.01 |
| PHYS Sprott Physical Gold Trust | Add +177.3% | 0.02% | +0.01 |
| XLK SS Technology Select Sector | Add +24.4% | 0.06% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +243.9% | 0.02% | +0.01 |
| PWR Quanta Services Inc. | Add +10.7% | 0.04% | +0.01 |
| IEI iShares 3-7 Year Treasury Bo | Add +1603.3% | 0.01% | +0.01 |
| BA The Boeing Co. | Add +10.5% | 0.08% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 344 | $1.7B | IEFA, VOO, VUG, IEMG, VTV |
| Q1 2026 | 390 | $1.6B | IEFA, VOO, VUG, MBB, IEMG |
| Q4 2025 | 680 | $41.7B | IEFA, MBB, IEMG, VUG, IWY |
| Q3 2025 | 687 | $41.2B | IEFA, MBB, IEMG, VUG, IWY |
| Q2 2025 | 639 | $38.4B | IEFA, MBB, IEMG, VUG, IWY |
| Q1 2025 | 635 | $32.1B | IEFA, IEMG, VUG, IWY, VEA |
| Q4 2024 | 650 | $32.9B | IEFA, IEMG, VUG, IWY, VEA |
| Q3 2024 | 645 | $33.5B | IEFA, IEMG, IWY, VUG, VEA |
| Q2 2024 | 633 | $32.4B | IEFA, IEMG, IWY, VUG, VEA |
| Q1 2024 | 622 | $32.7B | IEFA, IEMG, IWS, VUG, IWP |