TEACHER RETIREMENT SYSTEM OF TEXAS
Institutional investor · Portfolio as of Q4 2025
Top Holdings1,619 positions
Vanguard Index Funds S&P 500 ETF SHS | 6.6M | $4.1B | 14.3% | $597.59 | +4.04% | 17 qtrssince 2021-Q4 | Increased 100 |
NVIDIA Corp. | 7.7M | $1.4B | 4.9% | $65.51 | +184.03% | 28 qtrssince 2019-Q1 | Increased 65 |
Apple Inc. | 4.7M | $1.3B | 4.4% | $158.39 | +71.18% | 28 qtrssince 2019-Q1 | Increased 65 |
Microsoft Corp. | 2.2M | $1.1B | 3.7% | $278.12 | +72.79% | 28 qtrssince 2019-Q1 | Increased 65 |
Amazon.com, Inc. | 2.9M | $664.2M | 2.3% | $163.26 | +41.38% | 28 qtrssince 2019-Q1 | Increased 60 |
Alphabet Inc. | 1.9M | $590.8M | 2.0% | $141.51 | +120.76% | 28 qtrssince 2019-Q1 | Increased 61 |
Broadcom Inc | 1.5M | $508.1M | 1.8% | $133.62 | +157.59% | 28 qtrssince 2019-Q1 | Increased 56 |
Alphabet Inc. | 1.5M | $466.6M | 1.6% | $199.26 | +57.18% | 28 qtrssince 2019-Q1 | Increased 53 |
Meta Platforms Inc | 698,940 | $461.4M | 1.6% | $365.35 | +80.21% | 28 qtrssince 2019-Q1 | Increased 55 |
iShares Trust CORE S&P500 ETF | 632,560 | $433.3M | 1.5% | $576.52 | +17.83% | 17 qtrssince 2021-Q4 | Increased 61 |
Tesla Inc | 771,205 | $346.8M | 1.2% | $293.47 | +53.24% | 25 qtrssince 2019-Q4 | Increased 52 |
JPMorgan Chase & Co. | 900,668 | $290.2M | 1.0% | $158.85 | +100.01% | 28 qtrssince 2019-Q1 | Increased 54 |
Eli Lilly & Co. | 268,894 | $289M | 1.0% | $482.93 | +121.46% | 28 qtrssince 2019-Q1 | Decreased 0 |
ISHARES MSCI EMERGING MARKETS EX CHINA ETF | 3.3M | $240.3M | 0.8% | $61.81 | +16.90% | 3 qtrssince 2025-Q2 | Increased 44 |
SPDR GOLD SHARES | 568,900 | $225.5M | 0.8% | $340.39 | +12.98% | 28 qtrssince 2019-Q1 | Increased 70 |
Berkshire Hathaway Inc. | 419,892 | $211.1M | 0.7% | $324.14 | +55.07% | 28 qtrssince 2019-Q1 | Increased 46 |
MasterCard Incorporated | 329,822 | $188.3M | 0.7% | $415.88 | +36.60% | 28 qtrssince 2019-Q1 | Increased 48 |
Visa Inc | 492,579 | $172.8M | 0.6% | $252.62 | +38.00% | 28 qtrssince 2019-Q1 | Increased 51 |
Johnson & Johnson | 824,669 | $170.7M | 0.6% | $131.28 | +55.15% | 28 qtrssince 2019-Q1 | Decreased 0 |
Walmart Inc | 1.5M | $165.8M | 0.6% | $67.19 | +64.75% | 28 qtrssince 2019-Q1 | Increased 50 |
TEACHER RETIREMENT SYSTEM OF TEXAS manages $28.9B across 1619 positions as of Q4 2025. Top holdings: VOO (14.3%), NVDA (4.9%), AAPL (4.4%). Fund DNA: Balanced Allocator. HoldingsIntel Score: 3.5/5.0.
Active quarter - 38 new positions, 442 exits, 463 increased. Top move: VOO (INCREASED, conviction 100). Portfolio: $28.9B across 1619 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR