Employees Retirement System of Texas

AUSTIN, TX · CIK 1398739 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityEmployees Retirement System of Texas (US)

Kindasset owner
Others nearbyAustin, TX

$12.6bn reported value +10.1% vs Q1 2026

511positions

40.4%in top 10

82 new 85 added 101 reduced 64 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD SCOTTSDALE FDS INTER TERM TREAS · principal VGIT · principal	VGIT	23,386,000	$1.4bn10.96%	10.96%	Unchanged
2	NVIDIA CORPORATION COM NVDA	NVDA	3,271,822	$654.7m5.20%	5.20%	Reduced -266.0k	-265,967 -7.5%
3	APPLE INC COM AAPL	AAPL	2,116,984	$612.6m4.87%	4.87%	Added +72.5k	+72,512 3.5%
4	MICROSOFT CORP COM MSFT	MSFT	1,290,234	$481.3m3.82%	3.82%	Reduced -85.3k	-85,322 -6.2%
5	AMAZON COM INC COM AMZN	AMZN	1,847,315	$440.3m3.50%	3.50%	Reduced -5.0k	-4,992 -0.3%
6	DBX ETF TR XTRACK USD HIGH · principal HYLB · principal	HYLB	11,372,000	$415.3m3.30%	3.30%	Unchanged
7	ALPHABET INC CAP STK CL C GOOG	GOOG	1,076,258	$380.3m3.02%	3.02%	Added +197.1k	+197,078 22.4%
8	BROADCOM INC COM AVGO	AVGO	790,055	$298.4m2.37%	2.37%	Reduced -56.8k	-56,803 -6.7%
9	ADVANCED MICRO DEVICES INC COM AMD	AMD	365,075	$212.1m1.68%	1.68%	Reduced -6.1k	-6,100 -1.6%
10	PALO ALTO NETWORKS INC COM PANW	PANW	617,726	$210.7m1.67%	1.67%	Reduced -10.4k	-10,400 -1.7%
11	META PLATFORMS INC CL A META	META	352,086	$198.3m1.58%	1.58%	Added +33.7k	+33,694 10.6%
12	ALPHABET INC CAP STK CL A GOOGL	GOOGL	498,268	$178.1m1.41%	1.41%	Added +11.9k	+11,860 2.4%
13	VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF VGK	VGK	1,997,090	$176.8m1.40%	1.40%	Unchanged
14	ELI LILLY & CO COM LLY	LLY	142,500	$170.9m1.36%	1.36%	Reduced -30.4k	-30,400 -17.6%
15	WESTERN DIGITAL CORP COM WDC	WDC	261,689	$167.1m1.33%	1.33%	Added +106.1k	+106,141 68.2%
16	JPMORGAN CHASE & CO COM JPM	JPM	504,900	$165.3m1.31%	1.31%	Reduced -8.5k	-8,500 -1.7%
17	MASTERCARD INCORPORATED CL A MA	MA	310,608	$159.5m1.27%	1.27%	Added +50.1k	+50,087 19.2%
18	EXXON MOBIL CORP COM XOM	XOM	1,154,357	$157.8m1.25%	1.25%	Reduced -19.3k	-19,300 -1.6%
19	VISA INC COM CL A V	V	440,354	$151.1m1.20%	1.20%	Reduced -1.5k	-1,486 -0.3%
20	TESLA INC COM TSLA	TSLA	343,313	$144.4m1.15%	1.15%	Reduced -8.4k	-8,443 -2.4%
21	BANK AMERICA CORP COM BAC	BAC	2,445,089	$139.3m1.11%	1.11%	Added +141.7k	+141,702 6.2%
22	MICRON TECHNOLOGY INC COM MU	MU	115,273	$133.1m1.06%	1.06%	Added +94.9k	+94,869 464.9%
23	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	1,798,331	$128.1m1.02%	1.02%	Unchanged
24	JOHNSON & JOHNSON COM JNJ	JNJ	490,900	$124.7m0.99%	0.99%	New
25	FREEPORT-MCMORAN INC CL B FCX	FCX	1,935,702	$121.7m0.97%	0.97%	Added +84.3k	+84,269 4.5%
26	CATERPILLAR INC COM CAT	CAT	114,114	$121.5m0.97%	0.97%	Added +52.7k	+52,666 85.7%
27	APPLIED MATLS INC COM AMAT	AMAT	164,101	$118.6m0.94%	0.94%	New
28	ABBVIE INC COM ABBV	ABBV	448,200	$112.8m0.90%	0.90%	Reduced -7.6k	-7,600 -1.7%
29	SPDR SER TR S&P BIOTECH XBI	XBI	676,872	$107.1m0.85%	0.85%	Reduced -11.4k	-11,400 -1.7%
30	MORGAN STANLEY COM NEW MS	MS	508,300	$106.3m0.84%	0.84%	Added +50.4k	+50,400 11.0%
31	ARISTA NETWORKS INC COM SHS ANET	ANET	624,891	$106.2m0.84%	0.84%	Reduced -10.3k	-10,300 -1.6%
32	UNITEDHEALTH GROUP INC COM UNH	UNH	253,319	$105.3m0.84%	0.84%	Added +243.4k	+243,379 2448.5%
33	HOME DEPOT INC COM HD	HD	296,775	$104.7m0.83%	0.83%	Reduced -60.9k	-60,900 -17.0%
34	WALMART INC COM WMT	WMT	912,700	$103.4m0.82%	0.82%	Reduced -153.7k	-153,700 -14.4%
35	PHILIP MORRIS INTL INC COM PM	PM	566,479	$102.5m0.81%	0.81%	Added +521.9k	+521,855 1169.5%
36	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	261,857	$98.3m0.78%	0.78%	Reduced -52.9k	-52,860 -16.8%
37	SCHWAB CHARLES CORP COM SCHW	SCHW	1,059,367	$97.7m0.78%	0.78%	Reduced -17.5k	-17,500 -1.6%
38	NEWMONT CORP COM NEM	NEM	1,028,934	$96.1m0.76%	0.76%	Reduced -87.0k	-87,041 -7.8%
39	COSTCO WHSL CORP NEW COM COST	COST	100,933	$94.4m0.75%	0.75%	Reduced -15.8k	-15,828 -13.6%
40	PARKER-HANNIFIN CORP COM PH	PH	94,986	$92.9m0.74%	0.74%	Reduced -31.4k	-31,450 -24.9%
41	AMETEK INC COM AME	AME	379,304	$91.8m0.73%	0.73%	Added +38.9k	+38,916 11.4%
42	FASTENAL CO COM FAST	FAST	1,880,754	$90.3m0.72%	0.72%	Added +261.1k	+261,137 16.1%
43	FIFTH THIRD BANCORP COM FITB	FITB	1,600,100	$90.2m0.72%	0.72%	Reduced -27.1k	-27,100 -1.7%
44	COCA COLA CO COM KO	KO	1,081,300	$87.9m0.70%	0.70%	Reduced -218.7k	-218,700 -16.8%
45	ALLY FINL INC COM ALLY	ALLY	1,824,746	$83.8m0.67%	0.67%	Reduced -30.9k	-30,900 -1.7%
46	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	161,033	$80.7m0.64%	0.64%	Reduced -2.7k	-2,700 -1.6%
47	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	202,332	$80.5m0.64%	0.64%	Added +27.2k	+27,200 15.5%
48	NXP SEMICONDUCTORS N V COM NXPI	NXPI	283,762	$79.7m0.63%	0.63%	Reduced -4.8k	-4,800 -1.7%
49	ENTERGY CORP NEW COM ETR	ETR	659,975	$75.8m0.60%	0.60%	Reduced -11.2k	-11,200 -1.7%
50	EATON CORP PLC SHS ETN	ETN	172,333	$73.4m0.58%	0.58%	Reduced -2.9k	-2,900 -1.6%
51	TJX COS INC NEW COM TJX	TJX	481,988	$73.0m0.58%	0.58%	Reduced -13.0k	-12,983 -2.6%
52	EQUINIX INC COM EQIX	EQIX	70,050	$73.0m0.58%	0.58%	Reduced -4.5k	-4,489 -6.0%
53	TRANE TECHNOLOGIES PLC SHS TT	TT	148,289	$72.8m0.58%	0.58%	Reduced -5.1k	-5,053 -3.3%
54	WEC ENERGY GROUP INC COM WEC	WEC	615,533	$71.9m0.57%	0.57%	Reduced -10.4k	-10,400 -1.7%
55	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	168,624	$70.0m0.56%	0.56%	Reduced -50.2k	-50,223 -22.9%
56	AMERICAN EXPRESS CO COM AXP	AXP	206,108	$69.7m0.55%	0.55%	Added +22.3k	+22,300 12.1%
57	DELTA AIR LINES INC DEL COM NEW DAL	DAL	714,148	$66.9m0.53%	0.53%	New
58	CARNIVAL CORP LTD COMMON SHARES CCL	CCL	2,261,500	$64.6m0.51%	0.51%	New
59	MONSTER BEVERAGE CORP NEW COM MNST	MNST	667,849	$64.2m0.51%	0.51%	Reduced -11.2k	-11,200 -1.6%
60	VERTIV HOLDINGS CO COM CL A VRT	VRT	190,982	$63.9m0.51%	0.51%	Reduced -7.2k	-7,156 -3.6%
61	SCHLUMBERGER LTD COM STK SLB	SLB	1,360,570	$63.3m0.50%	0.50%	Added +135.3k	+135,269 11.0%
62	HYATT HOTELS CORP COM CL A H	H	319,400	$61.9m0.49%	0.49%	New
63	HARTFORD INSURANCE GROUP INC COM HIG	HIG	462,707	$61.3m0.49%	0.49%	Reduced -7.8k	-7,800 -1.7%
64	STRYKER CORPORATION COM SYK	SYK	193,102	$60.8m0.48%	0.48%	Reduced -2.8k	-2,800 -1.4%
65	MEDTRONIC PLC SHS MDT	MDT	776,505	$60.7m0.48%	0.48%	Reduced -4.2k	-4,170 -0.5%
66	T-MOBILE US INC COM TMUS	TMUS	358,712	$60.2m0.48%	0.48%	Added +2.5k	+2,466 0.7%
67	VENTAS INC COM VTR	VTR	663,205	$58.9m0.47%	0.47%	Reduced -168.8k	-168,833 -20.3%
68	PROLOGIS INC. COM PLD	PLD	431,267	$58.4m0.46%	0.46%	Reduced -7.3k	-7,300 -1.7%
69	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	265,931	$57.6m0.46%	0.46%	Reduced -100.8k	-100,755 -27.5%
70	SERVICENOW INC COM NOW	NOW	579,631	$57.5m0.46%	0.46%	Reduced -9.5k	-9,500 -1.6%
71	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	2,966,911	$56.7m0.45%	0.45%	Reduced -382.9k	-382,897 -11.4%
72	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	451,303	$55.6m0.44%	0.44%	Reduced -7.1k	-7,100 -1.6%
73	ISHARES INC MSCI JPN ETF NEW EWJ	EWJ	592,400	$55.3m0.44%	0.44%	Unchanged
74	TRANSDIGM GROUP INC COM TDG	TDG	37,987	$50.6m0.40%	0.40%	Reduced -600	-600 -1.6%
75	ISHARES GOLD TR ISHARES NEW IAU	IAU	663,500	$50.1m0.40%	0.40%	Reduced -2.6m	-2,630,000 -79.8%
76	WASTE MGMT INC DEL COM WM	WM	213,839	$47.7m0.38%	0.38%	Reduced -39.8k	-39,779 -15.7%
77	CHENIERE ENERGY INC COM NEW LNG	LNG	196,240	$46.9m0.37%	0.37%	Reduced -1.0k	-1,026 -0.5%
78	INTEL CORP COM INTC	INTC	316,752	$44.2m0.35%	0.35%	New
79	PUBLIC STORAGE COM PSA	PSA	136,358	$43.4m0.34%	0.34%	Reduced -2.3k	-2,300 -1.7%
80	AMPHENOL CORP CL A APH	APH	223,954	$39.5m0.31%	0.31%	Unchanged
81	NISOURCE INC COM NI	NI	819,029	$38.9m0.31%	0.31%	Reduced -13.9k	-13,900 -1.7%
82	PGIM ETF TR AAA CLO ETF · principal PAAA · principal	PAAA	750,000	$38.5m0.31%	0.31%	Reduced -250.0k	-250,000 -25.0%
83	BOEING CO COM BA	BA	176,701	$38.2m0.30%	0.30%	Reduced -2.9k	-2,900 -1.6%
84	DEXCOM INC COM DXCM	DXCM	538,893	$36.3m0.29%	0.29%	Reduced -9.0k	-9,000 -1.6%
85	LAM RESEARCH CORP COM NEW LRCX	LRCX	75,560	$32.7m0.26%	0.26%	Unchanged
86	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	13,761	$27.4m0.22%	0.22%	Reduced -778	-778 -5.3%
87	STARBUCKS CORP COM SBUX	SBUX	250,000	$25.5m0.20%	0.20%	New
88	SANDISK CORP COM SNDK	SNDK	10,494	$23.9m0.19%	0.19%	Reduced -9.8k	-9,797 -48.3%
89	LINDE PLC SHS LIN	LIN	39,001	$20.2m0.16%	0.16%	Added +14.9k	+14,910 61.9%
90	CHUBB LIMITED COM CB	CB	54,013	$18.4m0.15%	0.15%	Added +49.9k	+49,926 1221.6%
91	ADOBE INC COM ADBE	ADBE	89,675	$18.4m0.15%	0.15%	Unchanged
92	EDWARDS LIFESCIENCES CORP COM EW	EW	199,455	$18.0m0.14%	0.14%	Added +93.2k	+93,241 87.8%
93	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	35,250	$16.8m0.13%	0.13%	Unchanged
94	FORTINET INC COM FTNT	FTNT	96,877	$14.9m0.12%	0.12%	Reduced -26.6k	-26,590 -21.5%
95	PROGRESSIVE CORP COM PGR	PGR	66,864	$14.6m0.12%	0.12%	Added +50.0k	+49,981 296.0%
96	ISHARES INC MSCI EMRG CHN EMXC	EMXC	137,000	$14.0m0.11%	0.11%	Unchanged
97	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	81,648	$13.9m0.11%	0.11%	New
98	DISNEY WALT CO COM DIS	DIS	141,674	$13.6m0.11%	0.11%	Reduced -8.9k	-8,949 -5.9%
99	BECTON DICKINSON & CO COM BDX	BDX	77,752	$11.8m0.09%	0.09%	Added +75.6k	+75,554 3437.4%
100	NOKIA CORP SPONSORED ADR NOK	NOK	828,742	$11.0m0.09%	0.09%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
CARNIVAL CORP		2,299,900	$59.5m2.3m shares
VANECK ETF TRUST PPH	PPH	531,600	$55.2m531.6k shares
SPOTIFY TECHNOLOGY S A SPOT	SPOT	113,835	$55.2m113.8k shares
SPDR SER TR XRT	XRT	526,600	$42.4m526.6k shares
SELECT SECTOR SPDR TR XLI	XLI	219,865	$35.6m219.9k shares
CHEVRON CORP NEW CVX	CVX	53,618	$11.1m53.6k shares
WHEATON PRECIOUS METALS CORP WPM	WPM	82,294	$10.8m82.3k shares
RIO TINTO PLC RIO	RIO	78,262	$7.3m78.3k shares
PERMIAN RESOURCES CORP PR	PR	208,846	$4.5m208.8k shares
CORNING INC GLW	GLW	22,757	$3.1m22.8k shares
SOUTHERN COPPER CORP SCCO	SCCO	10,608	$1.8m10.6k shares
EBAY INC. EBAY	EBAY	14,621	$1.3m14.6k shares
UBIQUITI INC UI	UI	1,356	$1.1m1.4k shares
KIMBELL RTY PARTNERS LP KRP	KRP	61,915	$896.0k61.9k shares
CONOCOPHILLIPS COP	COP	6,068	$801.0k6.1k shares
MONDELEZ INTL INC MDLZ	MDLZ	13,816	$796.0k13.8k shares
DOXIMITY INC DOCS	DOCS	29,203	$680.0k29.2k shares
SOUTHWEST AIRLS CO LUV	LUV	14,933	$561.0k14.9k shares
CROWN HLDGS INC CCK	CCK	4,838	$485.0k4.8k shares
DEVON ENERGY CORP NEW DVN	DVN	6,602	$332.0k6.6k shares
C H ROBINSON WORLDWIDE INC CHRW	CHRW	1,991	$331.0k2.0k shares
ROYAL GOLD INC RGLD	RGLD	1,075	$274.0k1.1k shares
PAN AMERN SILVER CORP PAAS	PAAS	4,843	$265.0k4.8k shares
HUBBELL INC HUBB	HUBB	493	$242.0k493 shares
SOCIEDAD QUIMICA Y MINERA DE SQM	SQM	2,741	$222.0k2.7k shares