Tiaa Trust, National Association
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Tiaa Trust, National Association reported 680 stock positions worth $41.7 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 10.0% of the portfolio, followed by iShares MBS ETF (MBB, 5.9%) and iShares Core MSCI Emerging (IEMG, 5.2%). Compared with Q3 2025, it opened 26 new positions, sold out of 35, added to 227 and reduced 362. The biggest buy was Vanguard Mrngstr Val ETF-Aui (VTV, shares +9%) and the biggest sale iShares Russell 2000 Value E (IWN, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0001997405
- Portfolio Value
- $41.7B (Q4 2025)
- SEC Filing
- 0000930413-26-000393 ↗ filed Feb 11, 2026
Holdings Value
Holdings 680 stocks · $41.7B
| IEFA iShares Core MSCI Eafe ETF | 10.02% | 46,633,589 | $4.2B | Reduce -2.0% |
| MBB iShares MBS ETF | 5.94% | 26,010,786 | $2.5B | Add +2.5% |
| IEMG iShares Core MSCI Emerging | 5.24% | 32,487,788 | $2.2B | Reduce -0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.21% | 3,601,607 | $1.8B | Add +2.6% |
| IWY iShares Russell Top 200 Grow | 3.90% | 5,878,296 | $1.6B | Reduce -1.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.26% | 7,131,797 | $1.4B | Add +9.5% |
| USIG iShares Broad Usd Investment | 3.18% | 25,593,092 | $1.3B | Add +4.1% |
| VEA Vanguard Ftse Developed ETF | 3.06% | 20,427,521 | $1.3B | Add +0.6% |
| SCZ iShares MSCI Eafe Small-Cap | 2.89% | 15,520,503 | $1.2B | Add +1.4% |
| IWX iShares Russell Top 200 Valu | 2.72% | 12,344,150 | $1.1B | Add +1.6% |
| ESGU iShares ESG Aware MSCI USA | 2.15% | 5,986,011 | $897.3M | Add +0.8% |
| IWF iShares Russell 1000 Growth | 2.11% | 1,852,198 | $880.6M | Reduce -2.3% |
| AGG iShares Core U.S. Aggregate | 2.05% | 8,562,744 | $855.7M | Add +0.5% |
| GOVT iShares US Treasury Bond ETF | 1.97% | 35,617,520 | $821.3M | Add +8.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.68% | 13,972,314 | $702.7M | Reduce -2.0% |
| MUB iShares National Muni Bond E | 1.47% | 5,733,941 | $614.2M | Add +3.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.45% | 13,595,368 | $603.8M | Reduce -0.3% |
| VONG Vanguard Russell 1000 Growth | 1.40% | 4,783,889 | $582.4M | Reduce -0.1% |
| AAPL Apple Inc. | 1.20% | 1,847,781 | $502.3M | Reduce -1.3% |
| IWN iShares Russell 2000 Value E | 1.20% | 2,748,355 | $500.3M | Reduce -36.7% |
| IWS iShares Russell Mid-Cap Valu | 1.14% | 3,371,310 | $475.6M | Reduce -1.6% |
| VOO Vanguard S&P 500 ETF | 1.11% | 740,611 | $464.5M | Reduce -3.2% |
| VWO Vanguard Ftse Emerging Marke | 1.08% | 8,368,112 | $449.9M | Reduce -8.8% |
| IWO iShares Russell 2000 Growth | 1.06% | 1,359,871 | $441.2M | Reduce -0.8% |
| VONV Vanguard Russell 1000 Value | 1.05% | 4,726,716 | $436.3M | Add +4.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.04% | 1,493,829 | $433.5M | Add +1.9% |
| IVV iShares Core S&P 500 ETF | 0.97% | 593,551 | $406.5M | Reduce -6.6% |
| ESGD iShares Trust iShares ESG Aw | 0.92% | 4,003,911 | $382.0M | Reduce -2.1% |
| MSFT Microsoft Corp. | 0.88% | 758,346 | $366.8M | Add +0.6% |
| USHY iShares Broad Usd High Yield | 0.88% | 9,768,912 | $365.5M | Add +4.3% |
| QDF NT Qual Div ETF | 0.79% | 4,075,676 | $330.9M | Add +4.0% |
| IWP iShares Russell Mid-Cap Grow | 0.78% | 2,369,283 | $324.5M | Reduce -2.5% |
| IWR iShares Russell Mid-Cap ETF | 0.74% | 3,218,434 | $309.8M | Reduce -3.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.74% | 1,735,188 | $307.8M | Add +8.6% |
| GOOGL Alphabet Inc. Class A | 0.73% | 970,600 | $303.8M | Reduce -3.2% |
| NVDA Nvidia Corp. | 0.65% | 1,459,896 | $272.3M | Reduce -1.2% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.62% | 2,644,281 | $258.6M | Add +1.7% |
| IWB iShares Russell 1000 ETF | 0.61% | 684,338 | $256.2M | Reduce -7.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.60% | 752,040 | $252.1M | Reduce -5.5% |
| IWD iShares Russell 1000 Value E | 0.58% | 1,135,610 | $239.9M | Reduce -1.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.55% | 896,364 | $231.2M | Reduce -4.0% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.53% | 4,868,104 | $219.3M | Add +4.2% |
| EMB iShares JP Morgan Usd Emergi | 0.52% | 2,269,776 | $218.5M | Add +66.2% |
| SPEM State Street SP PTF Em ETF | 0.52% | 4,598,359 | $215.2M | Reduce -2.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.51% | 3,774,074 | $214.4M | Reduce -12.8% |
| IQLT iShares MSCI International Q | 0.50% | 4,618,902 | $209.9M | Reduce -5.8% |
| BIV Vanguard Intermediate-Term B | 0.47% | 2,531,865 | $197.2M | Add +1.1% |
| AMZN Amazon.com Inc. | 0.47% | 851,916 | $196.6M | Reduce -2.1% |
| SCHC Schwab Intl Small-Cap Equity | 0.46% | 4,177,112 | $190.2M | Add +15.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.45% | 596,692 | $187.8M | Reduce -47.0% |
| ESGE iShares Inc. iShares ESG Awar | 0.45% | 4,216,469 | $186.8M | Reduce -3.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.44% | 1,732,133 | $184.8M | Reduce -15.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 268,241 | $182.9M | Reduce -1.3% |
| BND Vanguard Total Bond Market | 0.41% | 2,318,306 | $171.7M | Reduce -7.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.41% | 612,630 | $171.0M | Reduce -2.0% |
| EFV iShares MSCI Eafe Value ETF | 0.41% | 2,381,960 | $170.1M | Add +1.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.38% | 741,951 | $157.1M | Reduce -13.3% |
| JPM JPMorgan Chase & Co. | 0.38% | 486,114 | $156.6M | Add +2.8% |
| IWM iShares Russell 2000 ETF | 0.33% | 564,725 | $139.0M | Reduce -4.3% |
| SUB iShares Short-Term National | 0.33% | 1,287,347 | $137.4M | Reduce -9.9% |
| AVGO Broadcom Inc. | 0.32% | 379,953 | $131.5M | Add +12.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.31% | 430,614 | $130.1M | Reduce -8.1% |
| META Meta Platforms Inc. Class A | 0.29% | 185,750 | $122.6M | Reduce -3.1% |
| BNDX Vanguard Total Intl Bond ETF | 0.29% | 2,464,692 | $119.1M | Add +5.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 225,793 | $113.5M | Reduce -1.6% |
| ESML iShares ESG Aware MSCI USA S | 0.24% | 2,150,087 | $99.4M | Reduce -3.4% |
| GOOG Alphabet Inc. Class C | 0.22% | 291,763 | $91.6M | Reduce -3.3% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.21% | 3,121,070 | $87.8M | New |
| UNH Unitedhealth Group Inc. | 0.21% | 263,116 | $86.9M | Add +0.3% |
| EFA iShares MSCI Eafe ETF | 0.21% | 899,276 | $86.4M | Add +190.8% |
| LLY Eli Lilly & Co. | 0.19% | 74,852 | $80.4M | Reduce -1.5% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 0.18% | 2,075,285 | $75.1M | Reduce -1.7% |
| IJH iShares Core S&P Midcap ETF | 0.18% | 1,116,193 | $73.7M | Add +0.8% |
| EFG iShares MSCI Eafe Growth ETF | 0.17% | 640,754 | $73.0M | Add +2.8% |
| V Visa Inc. Class A | 0.17% | 205,089 | $71.9M | Add +5.8% |
| TMO Thermo Fisher Scientific Inc. | 0.17% | 121,724 | $70.5M | Reduce -7.1% |
| JNJ Johnson & Johnson | 0.17% | 336,834 | $69.7M | Reduce -1.0% |
| WMT Walmart Inc. | 0.15% | 569,470 | $63.4M | Add +0.1% |
| QUAL iShares MSCI USA Quality Fac | 0.15% | 317,375 | $63.0M | Reduce -15.9% |
| NUSC Nuveen ESG Small-Cap ETF | 0.15% | 1,382,602 | $61.7M | Reduce -7.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 81 | $61.1M | No change |
| NYF iShares New York Muni Bond E | 0.14% | 1,097,570 | $58.7M | Add +5.5% |
| IAU iShares Gold Trust | 0.14% | 707,627 | $57.4M | Add +6.0% |
| XOM Exxon Mobil Corp. | 0.13% | 458,403 | $55.2M | Reduce -0.2% |
| IJR iShares Core S&P Small-Cap E | 0.13% | 452,018 | $54.3M | Reduce -7.3% |
| TSLA Tesla Inc. | 0.13% | 117,812 | $53.0M | Add +30.9% |
| MA Mastercard Inc. Class A | 0.12% | 88,755 | $50.7M | Add +7.3% |
| EMLC Vaneck JPM Em Local Curr BND | 0.12% | 1,953,251 | $50.4M | Add +87.5% |
| AMLP Alerian MLP ETF | 0.11% | 983,759 | $46.4M | Reduce -0.5% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.11% | 531,704 | $45.0M | Reduce -0.3% |
| BA The Boeing Co. | 0.11% | 204,265 | $44.3M | Add +34.8% |
| PG The Procter & Gamble Co. | 0.11% | 308,286 | $44.2M | Add +42.5% |
| RTX RTX Corp. | 0.10% | 229,385 | $42.1M | Reduce -0.8% |
| ORCL Oracle Corp. | 0.10% | 215,422 | $42.0M | Reduce -17.3% |
| WFC Wells Fargo & Co. | 0.10% | 444,357 | $41.4M | Reduce -0.1% |
| VTEI Vanguard Int Tax-Exempt Bond | 0.10% | 403,849 | $40.7M | Add +45.1% |
| ITM Vaneck Intermediate Muni ETF | 0.10% | 862,097 | $40.7M | Add +70.9% |
| PEP Pepsico Inc. | 0.10% | 280,681 | $40.3M | Reduce -0.5% |
| SPSB SS SPDR P St C Corp. ETF | 0.10% | 1,324,108 | $40.0M | Add +1.0% |
| NUEM Nuveen ESG Emerging Markets | 0.10% | 1,115,032 | $39.7M | Reduce -3.3% |
Portfolio Sells Q3 2025 → Q4 2025
| IWN iShares Russell 2000 Value E | Reduce -36.7% | 1.20% | −0.66 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -47.0% | 0.45% | −0.39 |
| VWO Vanguard Ftse Emerging Marke | Reduce -8.8% | 1.08% | −0.13 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -95.0% | 0.01% | −0.10 |
| ORCL Oracle Corp. | Reduce -17.3% | 0.10% | −0.08 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -15.0% | 0.44% | −0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -12.8% | 0.51% | −0.07 |
| IWP iShares Russell Mid-Cap Grow | Reduce -2.5% | 0.78% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -6.6% | 0.97% | −0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -13.3% | 0.38% | −0.06 |
| KKR KKR & Co. Inc. | Reduce -77.0% | 0.02% | −0.05 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -70.2% | 0.02% | −0.05 |
| JMUB JPMorgan Municipal ETF | Reduce -40.9% | 0.07% | −0.05 |
| META Meta Platforms Inc. Class A | Reduce -3.1% | 0.29% | −0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -2.0% | 1.68% | −0.05 |
| SNPS Synopsys Inc. | Reduce -88.9% | 0.01% | −0.04 |
| IWY iShares Russell Top 200 Grow | Reduce -1.1% | 3.90% | −0.04 |
| SUB iShares Short-Term National | Reduce -9.9% | 0.33% | −0.04 |
| HD Home Depot Inc. | Reduce -21.6% | 0.08% | −0.04 |
| BND Vanguard Total Bond Market | Reduce -7.5% | 0.41% | −0.04 |
| IWR iShares Russell Mid-Cap ETF | Reduce -3.5% | 0.74% | −0.04 |
| IWB iShares Russell 1000 ETF | Reduce -7.1% | 0.61% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -2.3% | 2.11% | −0.04 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.04 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -2.0% | 0.41% | −0.04 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.03 |
| HON Honeywell International Inc. | Reduce -53.9% | 0.03% | −0.03 |
| NFLX Netflix Inc. | Reduce -23.6% | 0.05% | −0.03 |
| SO The Southern Co. | Reduce -65.0% | 0.02% | −0.03 |
| CYBR Cyberark Software Ltd./Israel | Reduce -84.0% | 0.01% | −0.03 |
| UBER Uber Technologies Inc. | Reduce -65.0% | 0.01% | −0.03 |
| CMG Chipotle Mexican Grill Inc. | Reduce -95.5% | 0.00% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.5% | 0.60% | −0.03 |
| WELL Welltower Inc. | Reduce -55.0% | 0.02% | −0.03 |
| STZ Constellation Brands Inc. Class A | Reduce -97.2% | 0.00% | −0.03 |
| QUAL iShares MSCI USA Quality Fac | Reduce -15.9% | 0.15% | −0.03 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -8.1% | 0.31% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.0% | 10.02% | −0.02 |
| NOW ServiceNow Inc. | Reduce -9.7% | 0.07% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -3.2% | 1.11% | −0.02 |
| IQLT iShares MSCI International Q | Reduce -5.8% | 0.50% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -4.0% | 0.55% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.6% | 1.14% | −0.02 |
| SPOT Spotify Technology SA | Reduce -43.3% | 0.02% | −0.02 |
| SPEM State Street SP PTF Em ETF | Reduce -2.3% | 0.52% | −0.02 |
| BSX Boston Scientific Corp. | Reduce -35.0% | 0.03% | −0.02 |
| NVDA Nvidia Corp. | Reduce -1.2% | 0.65% | −0.02 |
| SHOP Shopify Inc. Class A | Reduce -54.2% | 0.02% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -4.3% | 0.33% | −0.01 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Reduce -1.7% | 0.18% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.5% | 3.26% | +0.32 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | New | 0.21% | +0.21 |
| EMB iShares JP Morgan Usd Emergi | Add +66.2% | 0.52% | +0.21 |
| EFA iShares MSCI Eafe ETF | Add +190.8% | 0.21% | +0.14 |
| GOVT iShares US Treasury Bond ETF | Add +8.6% | 1.97% | +0.13 |
| IWX iShares Russell Top 200 Valu | Add +1.6% | 2.72% | +0.13 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.6% | 4.21% | +0.13 |
| VEA Vanguard Ftse Developed ETF | Add +0.6% | 3.06% | +0.11 |
| MBB iShares MBS ETF | Add +2.5% | 5.94% | +0.09 |
| USIG iShares Broad Usd Investment | Add +4.1% | 3.18% | +0.07 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +8.6% | 0.74% | +0.06 |
| VONV Vanguard Russell 1000 Value | Add +4.0% | 1.05% | +0.06 |
| ESGU iShares ESG Aware MSCI USA | Add +0.8% | 2.15% | +0.06 |
| APH Amphenol Corp. Class A | Add +2192.1% | 0.06% | +0.06 |
| EMLC Vaneck JPM Em Local Curr BND | Add +87.5% | 0.12% | +0.06 |
| SCHC Schwab Intl Small-Cap Equity | Add +15.2% | 0.46% | +0.06 |
| SCZ iShares MSCI Eafe Small-Cap | Add +1.4% | 2.89% | +0.05 |
| ALAB Astera Labs Inc. | New | 0.05% | +0.05 |
| VRSK Verisk Analytics Inc. | Add +1427.3% | 0.05% | +0.04 |
| AVGO Broadcom Inc. | Add +12.3% | 0.32% | +0.04 |
| MUB iShares National Muni Bond E | Add +3.7% | 1.47% | +0.04 |
| ACN Accenture PLC Class A | Add +101.7% | 0.08% | +0.04 |
| ELV Elevance Health Inc. | Add +1038.2% | 0.05% | +0.04 |
| QDF NT Qual Div ETF | Add +4.0% | 0.79% | +0.04 |
| ITM Vaneck Intermediate Muni ETF | Add +70.9% | 0.10% | +0.04 |
| MRK Merck & Co. Inc. | Add +88.3% | 0.07% | +0.04 |
| EEM iShares MSCI Emerging Market | Add +120.8% | 0.07% | +0.04 |
| CRM Salesforce Inc. | Add +164.6% | 0.06% | +0.04 |
| TSLA Tesla Inc. | Add +30.9% | 0.13% | +0.03 |
| VTEI Vanguard Int Tax-Exempt Bond | Add +45.1% | 0.10% | +0.03 |
| PNC PNC Financial Services Group | Add +332.3% | 0.04% | +0.03 |
| XEL Xcel Energy Inc. | Add +1324.5% | 0.03% | +0.03 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +4.2% | 0.53% | +0.03 |
| BA The Boeing Co. | Add +34.8% | 0.11% | +0.03 |
| PG The Procter & Gamble Co. | Add +42.5% | 0.11% | +0.03 |
| XLI SS Industrial Select Sector | Add +472.5% | 0.03% | +0.02 |
| EFV iShares MSCI Eafe Value ETF | Add +1.9% | 0.41% | +0.02 |
| MU Micron Technology Inc. | Add +619.1% | 0.02% | +0.02 |
| IAU iShares Gold Trust | Add +6.0% | 0.14% | +0.02 |
| USHY iShares Broad Usd High Yield | Add +4.3% | 0.88% | +0.02 |
| SPGI S&P Global Inc. | Add +22.6% | 0.07% | +0.02 |
| MS Morgan Stanley | Add +16.6% | 0.07% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +18.5% | 0.07% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.8% | 0.38% | +0.01 |
| V Visa Inc. Class A | Add +5.8% | 0.17% | +0.01 |
| GEV GE Vernova Inc. | Add +15.3% | 0.06% | +0.01 |
| WMT Walmart Inc. | Add +0.1% | 0.15% | +0.01 |
| CEF Sprott Physical Gold and Sil | Add +0.1% | 0.04% | +0.01 |
| PPL PPL Corp. | Add +31.9% | 0.04% | +0.01 |
| MA Mastercard Inc. Class A | Add +7.3% | 0.12% | +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 |