TEACHER RETIREMENT SYSTEM OF TEXAS Q4 2025 Filing

Filed January 28, 2026

Portfolio Value

$28.9B

Holdings

1,619

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (1,619 positions)

#StockSharesValue% PortfolioType
301
MDLZMONDELEZ INTL INC
243,908$13.1B45.40%
302
FCXFREEPORT-MCMORAN INC
258,331$13.1B45.37%
303
RCLROYAL CARIBBEAN GROUP
46,413$12.9B44.76%
304
MARMARRIOTT INTL INC NEW
41,516$12.9B44.53%
305
RPMRPM INTL INC
123,825$12.9B44.53%
306
SNOWSNOWFLAKE INC
57,903$12.7B43.92%
307
A4SAMERIPRISE FINL INC
25,474$12.5B43.19%
308
METMETLIFE INC
155,920$12.3B42.56%
309
MIGASTRATEGY INC
80,844$12.3B42.48%
310
KMIKINDER MORGAN INC DEL
444,054$12.2B42.21%
311
OTISOTIS WORLDWIDE CORP
139,535$12.2B42.15%
312
HLTHILTON WORLDWIDE HLDGS INC
42,310$12.2B42.02%
313
SSNCSS&C TECHNOLOGIES HLDGS INC
137,799$12.0B41.65%
314
DYHTARGET CORP
122,279$12.0B41.33%
315
BSFAANI PHARMACEUTICALS INC
151,275$11.9B41.29%
316
AJGGALLAGHER ARTHUR J & CO
46,123$11.9B41.27%
317
PSXPHILLIPS 66
90,826$11.7B40.53%
318
NSCNORFOLK SOUTHN CORP
40,374$11.7B40.31%
319
FDXFEDEX CORP
40,327$11.6B40.28%
320
CYBRCYBERARK SOFTWARE LTD
25,937$11.6B40.00%
321
AVYAVERY DENNISON CORP
63,611$11.6B40.00%
322
LHXL3HARRIS TECHNOLOGIES INC
39,142$11.5B39.73%
323
AIGAMERICAN INTL GROUP INC
133,717$11.4B39.56%
324
TFCTRUIST FINL CORP
231,969$11.4B39.47%
325
NXTNEXTPOWER INC
127,609$11.1B38.44%
326
NETCLOUDFLARE INC
56,286$11.1B38.37%
327
GENGEN DIGITAL INC
407,000$11.1B38.27%
328
DC4DEXCOM INC
166,351$11.0B38.18%
329
CTSHCOGNIZANT TECHNOLOGY SOLUTIO
132,178$11.0B37.93%
330
CWCURTISS WRIGHT CORP
19,784$10.9B37.71%
331
MLIMUELLER INDS INC
94,194$10.8B37.39%
332
JBHTHUNT J B TRANS SVCS INC
55,000$10.7B36.96%
333
ECGEVERUS CONSTR GROUP
123,398$10.6B36.51%
334
WSTWEST PHARMACEUTICAL SVSC INC
38,157$10.5B36.30%
335
ABNBAIRBNB INC
77,214$10.5B36.24%
336
AFLAFLAC INC
94,175$10.4B35.91%
337
SRESEMPRA
117,369$10.4B35.83%
338
SLBSLB LIMITED
268,761$10.3B35.67%
339
ZBRAZEBRA TECHNOLOGIES CORPORATI
42,117$10.2B35.36%
340
XYLXYLEM INC
74,407$10.1B35.04%
341
IRTINDEPENDENCE RLTY TR INC
571,568$10.0B34.55%
342
SEICSEI INVTS CO
120,925$9.9B34.30%
343
MHMCGRAW HILL INC
600,000$9.9B34.23%
344
APDAIR PRODS & CHEMS INC
40,039$9.9B34.20%
345
NXPINXP SEMICONDUCTORS N V
45,366$9.8B34.05%
346
VSTVISTRA CORP
60,962$9.8B34.01%
347
RGAREINSURANCE GRP OF AMERICA I
48,272$9.8B33.96%
348
LAURLAUREATE EDUCATION INC
288,240$9.7B33.56%
349
SANMSANMINA CORPORATION
64,153$9.6B33.29%
350
ELVELEVANCE HEALTH INC FORMERLY
27,287$9.6B33.08%
351
ORIOLD REP INTL CORP
208,064$9.5B32.84%
352
FQIDIGITAL RLTY TR INC
61,343$9.5B32.82%
353
JLLJONES LANG LASALLE INC
27,980$9.4B32.55%
354
CCEPCOCA-COLA EUROPACIFIC PARTNE
103,426$9.4B32.44%
355
CIENCIENA CORP
40,102$9.4B32.43%
356
WTSWATTS WATER TECHNOLOGIES INC
33,932$9.4B32.38%
357
OREALTY INCOME CORP
164,482$9.3B32.06%
358
AUNAAUNA S A
1,884,000$9.3B32.05%
359
NYTNEW YORK TIMES CO
132,328$9.2B31.76%
360
ITTITT INC
52,814$9.2B31.68%
361
WWDWOODWARD INC
29,879$9.0B31.24%
362
RLRALPH LAUREN CORP
25,500$9.0B31.18%
363
ESEVERSOURCE ENERGY
133,832$9.0B31.16%
364
DDOMINION ENERGY INC
153,446$9.0B31.09%
365
UNMUNUM GROUP
115,682$9.0B31.00%
366
THGHANOVER INS GROUP INC
48,982$9.0B30.96%
367
CHKPCHECK POINT SOFTWARE TECH LT
48,222$8.9B30.94%
368
CMGCHIPOTLE MEXICAN GRILL INC
241,269$8.9B30.87%
369
SUXTD SYNNEX CORPORATION
59,168$8.9B30.73%
370
AYIACUITY INC
24,621$8.9B30.65%
371
NBISNEBIUS GROUP N.V.
105,571$8.8B30.55%
372
ANDEANDERSONS INC
165,999$8.8B30.52%
373
BKEBUCKLE INC
165,207$8.8B30.52%
374
PINSPINTEREST INC
340,051$8.8B30.44%
375
EAELECTRONIC ARTS INC
42,767$8.7B30.22%
376
MTGMGIC INVT CORP WIS
298,852$8.7B30.19%
377
TOLTOLL BROTHERS INC
64,352$8.7B30.09%
378
HLIHOULIHAN LOKEY INC
49,619$8.6B29.89%
379
AIZASSURANT INC
35,864$8.6B29.87%
380
NAVNNAVAN INC
500,000$8.5B29.53%
381
TMHCTAYLOR MORRISON HOME CORP
145,007$8.5B29.52%
382
FHIFEDERATED HERMES INC
163,745$8.5B29.48%
383
RBLXROBLOX CORP
104,622$8.5B29.31%
384
PEOEXELON CORP
192,516$8.4B29.02%
385
ENSGENSIGN GROUP INC
48,147$8.4B29.00%
386
WDAYWORKDAY INC
39,037$8.4B28.99%
387
PCTYPAYLOCITY HLDG CORP
54,777$8.4B28.88%
388
RSGREPUBLIC SVCS INC
39,335$8.3B28.83%
389
STTSTATE STR CORP
64,576$8.3B28.80%
390
RSRELIANCE INC
28,829$8.3B28.79%
391
OKEONEOK INC NEW
113,236$8.3B28.78%
392
MANHMANHATTAN ASSOCIATES INC
47,979$8.3B28.75%
393
DCIDONALDSON INC
93,771$8.3B28.75%
394
AXSAXIS CAP HLDGS LTD
77,363$8.3B28.65%
395
VMIVALMONT INDS INC
20,356$8.2B28.32%
396
WCNWASTE CONNECTIONS INC
46,327$8.1B28.09%
397
AITAPPLIED INDL TECHNOLOGIES IN
31,577$8.1B28.04%
398
OSKOSHKOSH CORP
64,269$8.1B27.92%
399
RAREULTRAGENYX PHARMACEUTICAL IN
348,350$8.0B27.70%
400
8CWCROWN CASTLE INC
90,077$8.0B27.68%
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