Q2 2026 13F · SEC CIK 796848

Teacher Retirement System of Texas

Pension fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $37.3B
Reported positions: 1,510
Top holdings a year, 3 yrs: +23.6%
Average holding period: 6.1 yrs

Teacher Retirement System of Texas is a pension fund that reported 1,510 positions worth $37.3B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Vanguard Index Fds (VOO, 14.3%), Space Exploration Techn Corp (SPCX, 6.9%), Nvidia Corporation (NVDA, 4.4%). A portfolio copying its top holdings returned 23.6% a year over the last 3 years, against 20.4% for the S&P 500.

Teacher Retirement System of Texas holdings largest 50 of 1,510 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Teacher Retirement System of Texas 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VOOVanguard Index Fds	14.3%	2.1%	7,762,285	+816.6%	$5.3B
SPCXSpace Exploration Techn Corp	6.9%	—	14,957,447	—	$2.6B
NVDANvidia Corporation	4.4%	5.6%	8,199,890	+6.5%	$1.6B
AAPLApple Inc	4.1%	4.9%	5,278,393	+13.3%	$1.5B
MSFTMicrosoft Corp	2.5%	3.4%	2,500,591	+11.9%	$932.8M
AMZNAmazon Com Inc	2.2%	2.5%	3,398,689	+17.5%	$810.0M
GOOGLAlphabet Inc	2.0%	2.3%	2,122,475	+10.8%	$758.5M
AVGOBroadcom Inc	1.6%	1.8%	1,591,945	+11.3%	$601.4M
GOOGAlphabet Inc	1.5%	1.8%	1,622,321	+8.3%	$573.2M
IVVIshares Tr	1.3%	1.7%	632,560	+0.0%	$473.7M
MUMicron Technology Inc	1.2%	0.5%	398,575	+13.5%	$460.1M
METAMeta Platforms Inc	1.2%	1.6%	802,424	+16.2%	$452.0M
TSLATesla Inc	1.0%	1.2%	915,687	+16.7%	$385.1M
LLYEli Lilly & Co	1.0%	1.1%	320,915	+10.7%	$384.9M
71531T105Pershing Square USA Ltd Com Shs	1.0%	—	10,270,000	—	$383.9M
CEGConstellation Energy Corp	0.9%	—	1,419,507	—	$352.6M
AMDAdvanced Micro Devices Inc	0.9%	—	567,313	—	$329.6M
JPMJpmorgan Chase & Co	0.8%	0.9%	910,802	+24.9%	$298.1M
EMXCIshares Inc	0.7%	1.0%	2,579,723	-14.1%	$263.9M
BRK-BBerkshire Hathaway Inc Del	0.7%	0.8%	502,536	+22.5%	$251.5M
AMATApplied Matls Inc	0.7%	0.4%	342,976	+11.6%	$248.0M
JNJJohnson & Johnson	0.6%	0.8%	912,334	+10.8%	$231.7M
VVisa Inc	0.6%	0.7%	650,316	+16.4%	$223.1M
LRCXLam Research Corp	0.6%	0.5%	485,939	-11.2%	$210.6M
INTCIntel Corp	0.6%	0.4%	1,478,144	-31.9%	$206.4M
XOMExxon Mobil Corp	0.6%	0.9%	1,497,728	+13.2%	$204.8M
CATCaterpillar Inc	0.5%	0.5%	189,582	+6.0%	$201.9M
MAMastercard Incorporated	0.5%	0.7%	373,334	+12.0%	$191.7M
WMTWalmart Inc	0.5%	0.6%	1,580,681	+31.0%	$179.0M
CSCOCisco Sys Inc	0.5%	0.4%	1,501,542	+11.3%	$176.4M
IJRIshares Tr	0.5%	0.6%	1,185,799	+0.0%	$175.9M
VBVanguard Index Fds	0.5%	0.6%	567,165	+0.0%	$171.9M
GEVGe Vernova Inc	0.5%	0.6%	143,189	-12.9%	$168.2M
COSTCostco Wholesale Corporation	0.4%	0.6%	175,128	+23.2%	$163.8M
KLACKla Corp	0.4%	—	499,596	—	$150.7M
HDHome Depot Inc	0.4%	0.4%	412,326	+27.9%	$145.4M
PGProcter & Gamble Co	0.4%	0.6%	987,045	+3.4%	$144.7M
UNHUnitedhealth Group Inc	0.4%	—	345,085	—	$143.4M
GEGe Aerospace	0.4%	0.5%	370,794	-12.1%	$138.6M
BACBank of Amer Corp	0.4%	0.5%	2,393,625	+2.2%	$136.4M
KOCoca Cola Co	0.4%	0.6%	1,640,629	-5.5%	$133.3M
CCitigroup Inc	0.3%	0.4%	912,002	+1.7%	$127.6M
ABBVAbbvie Inc	0.3%	0.4%	500,373	+9.6%	$125.9M
STXSeagate Technology Hldngs Pl	0.3%	—	129,005	—	$124.5M
NFLXNetflix Inc.	0.3%	0.7%	1,633,499	-3.4%	$116.6M
TXNTexas Instrs Inc	0.3%	—	376,664	—	$112.3M
WFCWells Fargo & Co	0.3%	0.5%	1,357,939	-5.9%	$112.2M
CVXChevron Corporation	0.3%	0.4%	646,010	+42.8%	$107.1M
AVBAvalonBay Communities Inc	0.3%	—	557,912	—	$105.3M
PLTRPalantir Technologies Inc	0.3%	0.6%	889,645	-6.8%	$103.8M

What Teacher Retirement System of Texas bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.9% /yr; S&P 500 +20.1%
3 years: +23.6% /yr; S&P 500 +20.4%
5 years: +14.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$37.3B	1,510
Q1 2026	$24.0B	1,478
Q4 2025	$28.9B	1,619
Q3 2025	$24.9B	2,023
Q2 2025	$23.8B	2,054
Q1 2025	$24.0B	2,077
Q4 2024	$27.7B	1,538
Q3 2024	$21.0B	1,484
Q2 2024	$17.6B	1,556
Q1 2024	$15.7B	1,657
Q4 2023	$14.6B	1,769
Q3 2023	$15.1B	1,902

Questions about Teacher Retirement System of Texas's portfolio

What stocks does Teacher Retirement System of Texas own?

Teacher Retirement System of Texas's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 1,510 positions worth $37.3B. The largest are Vanguard Index Fds (VOO) at 14.3%, Space Exploration Techn Corp (SPCX) at 6.9%, Nvidia Corporation (NVDA) at 4.4%, Apple Inc (AAPL) at 4.1% and Microsoft Corp (MSFT) at 2.5%.

What did Teacher Retirement System of Texas buy last quarter?

In Q2 2026, Teacher Retirement System of Texas added Vanguard Index Fds (VOO) (+816.6% shares), Chevron Corporation (CVX) (+42.8% shares) and Walmart Inc (WMT) (+31.0% shares), compared with its Q1 2026 filing.

What did Teacher Retirement System of Texas sell last quarter?

In Q2 2026, Teacher Retirement System of Texas cut from its top 50 First Majestic (AG), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Linde PLC (LIN), cut from its top 50 Mckesson Corp (MCK), cut from its top 50 International Business Machs (IBM), Intel Corp (INTC) (-31.9% shares), Ishares Inc (EMXC) (-14.1% shares) and Ge Vernova Inc (GEV) (-12.9% shares), compared with its Q1 2026 filing.

How has Teacher Retirement System of Texas's portfolio performed?

A portfolio copying Teacher Retirement System of Texas's 20 largest 13F holdings each quarter, from the day each filing was public, returned +23.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.9% against +20.1%. Over 5 years: +14.4% a year against +11.6%.

When is Teacher Retirement System of Texas's next 13F filing due?

13F filings are due 45 days after each quarter ends. Teacher Retirement System of Texas's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.