Employees Retirement System of Texas
13F Reported Value
ⓘ$12.6B
Holdings
511
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Employees Retirement System of Texas disclosed 511 positions worth $12.6B in its Form 13F-HR for Q2 2026, followed by $NVDA and $AAPL. During the quarter the fund opened 81 new positions and exited 63 — including a new stake in $JNJ. The portfolio is most concentrated in Technology (37.4% of disclosed assets). All figures are sourced directly from Employees Retirement System of Texas’s Form 13F-HR filing with the SEC under CIK 1398739.
AI Fund Analysis
Diversifying
$NVDA
$AAPL
$MSFT
$AMZN
$ISRG
$INTU
$FAST
$DAL
$MUSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
VANGUARD SCOTTSDALE FDS - INTER TERM TREAS
—Quality
$1.4B23,386,000 sh- 85.9#5
Quality
$654.7M3,271,822 sh - 76.4#84
Quality
$612.6M2,116,984 sh - 79.8
Quality
$481.3M1,290,234 sh - 68.7
Quality
$440.3M1,847,315 sh DBX ETF TR - XTRACK USD HIGH
—Quality
$415.3M11,372,000 sh- 78.2
Quality
$380.3M1,076,258 sh - 84.5
Quality
$298.4M790,055 sh - 79.8
Quality
$212.1M365,075 sh - 65.5
Quality
$210.7M617,726 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| VANGUARD SCOTTSDALE FDS - INTER TERM TREAS | — | $1.4B | 23,386,000 |
| NVIDIA CORP$NVDA | 85.9#5 | $654.7M | 3,271,822 |
| Apple Inc.$AAPL | 76.4#84 | $612.6M | 2,116,984 |
| MICROSOFT CORP$MSFT | 79.8 | $481.3M | 1,290,234 |
| AMAZON COM INC$AMZN | 68.7 | $440.3M | 1,847,315 |
| DBX ETF TR - XTRACK USD HIGH | — | $415.3M | 11,372,000 |
 Alphabet Inc.$GOOGL | 78.2 | $380.3M | 1,076,258 |
 Broadcom Inc.$AVGO | 84.5 | $298.4M | 790,055 |
 ADVANCED MICRO DEVICES INC$AMD | 79.8 | $212.1M | 365,075 |
 Palo Alto Networks Inc$PANW | 65.5 | $210.7M | 617,726 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Employees Retirement System of Texas's 511 positions.
Showing top 10 of 511 holdings.
Sector Allocation
Technology
$4.7B
Other
$2.3B
Financials
$1.3B
Consumer Discretionary
$1.1B
Healthcare
$870.5M
Industrials
$810.3M
Energy
$352.6M
Consumer Staples
$280.3M
Top Holdings — Employees Retirement System of Texas (Q2 2026)
Top 150 of 511 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | — | VANGUARD SCOTTSDALE FDS - INTER TERM TREAS | $1.4B | 11.0% | +0% | — |
| 2 | $NVDA | NVIDIA CORP | $654.7M | 5.2% | -8% | 85.9 |
| 3 | $AAPL | Apple Inc. | $612.6M | 4.9% | +4% | 76.4 |
| 4 | $MSFT | MICROSOFT CORP | $481.3M | 3.8% | -6% | 79.8 |
| 5 | $AMZN | AMAZON COM INC | $440.3M | 3.5% | -0% | 68.7 |
| 6 | — | DBX ETF TR - XTRACK USD HIGH | $415.3M | 3.3% | +0% | — |
| 7 | $GOOGL | Alphabet Inc. | $380.3M | 3.0% | +22% | 78.2 |
| 8 | $AVGO | Broadcom Inc. | $298.4M | 2.4% | -7% | 84.5 |
| 9 | $AMD | ADVANCED MICRO DEVICES INC | $212.1M | 1.7% | -2% | 79.8 |
| 10 | $PANW | Palo Alto Networks Inc | $210.7M | 1.7% | -2% | 65.5 |
| 11 |  $META | Meta Platforms, Inc. | $198.3M | 1.6% | +11% | 79.6 |
| 12 |  $GOOG | Alphabet Inc. | $178.1M | 1.4% | +2% | 78.2 |
| 13 | — | VANGUARD INTL EQUITY INDEX F - FTSE EUROPE ETF | $176.8M | 1.4% | +0% | — |
| 14 |  $LLY | ELI LILLY & Co | $170.9M | 1.4% | -18% | 87.5 |
| 15 |  $WDC | WESTERN DIGITAL CORP | $167.1M | 1.3% | +68% | 80.7 |
| 16 |  $JPM | JPMORGAN CHASE & CO | $165.3M | 1.3% | -2% | 70.7 |
| 17 |  $MA | Mastercard Inc | $159.5M | 1.3% | +19% | 85.1 |
| 18 |  $XOM.R34088 | EXXON MOBIL CORP | $157.8M | 1.3% | -2% | 57.9 |
| 19 |  $V | VISA INC. | $151.1M | 1.2% | -0% | 82.9 |
| 20 |  $TSLA | Tesla, Inc. | $144.4M | 1.1% | -2% | 53.9 |
| 21 |  $BAC | BANK OF AMERICA CORP /DE/ | $139.3M | 1.1% | +6% | 67.6 |
| 22 | $MU | MICRON TECHNOLOGY INC | $133.1M | 1.1% | +465% | 86.2 |
| 23 | — | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | $128.1M | 1.0% | +0% | — |
| 24 |  $JNJ | JOHNSON & JOHNSON | $124.7M | 1.0% | NEW | 69 |
| 25 |  $FCX | FREEPORT-MCMORAN INC | $121.7M | 1.0% | +5% | 62 |
| 26 |  $CAT | CATERPILLAR INC | $121.5M | 1.0% | +86% | 66.5 |
| 27 |  $AMAT | APPLIED MATERIALS INC /DE | $118.6M | 0.9% | NEW | 72.3 |
| 28 |  $ABBV | AbbVie Inc. | $112.8M | 0.9% | -2% | 72.6 |
| 29 | — | SPDR SERIES TRUST - ST STR SP BIOT | $107.1M | 0.8% | -2% | — |
| 30 |  $MS | MORGAN STANLEY | $106.3M | 0.8% | +11% | 75.8 |
| 31 |  $ANET | Arista Networks, Inc. | $106.2M | 0.8% | -2% | 81.9 |
| 32 |  $UNH | UNITEDHEALTH GROUP INC | $105.3M | 0.8% | +2448% | 62.7 |
| 33 |  $HD | HOME DEPOT, INC. | $104.7M | 0.8% | -17% | 60.3 |
| 34 |  $WMT | Walmart Inc. | $103.4M | 0.8% | -14% | 60.2 |
| 35 |  $PM | Philip Morris International Inc. | $102.5M | 0.8% | +1169% | 75.9 |
| 36 |  $CDNS | CADENCE DESIGN SYSTEMS INC | $98.3M | 0.8% | -17% | 72.6 |
| 37 |  $SCHW | SCHWAB CHARLES CORP | $97.7M | 0.8% | -2% | 79.4 |
| 38 |  $NEM | NEWMONT Corp /DE/ | $96.1M | 0.8% | -8% | 86.8 |
| 39 |  $COST | COSTCO WHOLESALE CORP /NEW | $94.4M | 0.8% | -14% | 66.2 |
| 40 |  $PH | Parker-Hannifin Corp | $92.9M | 0.7% | -25% | 65.8 |
| 41 |  $AME | AMETEK INC/ | $91.8M | 0.7% | +11% | 69.7 |
| 42 | $FAST | FASTENAL CO | $90.3M | 0.7% | +16% | 66.9 |
| 43 |  $FITB | FIFTH THIRD BANCORP | $90.2M | 0.7% | -2% | 63.2 |
| 44 |  $KO | COCA COLA CO | $87.9M | 0.7% | -17% | 69.5 |
| 45 |  $ALLY | Ally Financial Inc. | $83.8M | 0.7% | -2% | 64.5 |
| 46 |  $TMO | THERMO FISHER SCIENTIFIC INC. | $80.7M | 0.6% | -2% | 65.1 |
| 47 | $ISRG | INTUITIVE SURGICAL INC | $80.5M | 0.6% | +16% | 79.9 |
| 48 |  $NXPI | NXP Semiconductors N.V. | $79.7M | 0.6% | -2% | — |
| 49 |  $ETR | ENTERGY CORP /DE/ | $75.8M | 0.6% | -2% | 59.5 |
| 50 |  $ETN | Eaton Corp plc | $73.4M | 0.6% | -2% | — |
| 51 |  $TJX | TJX COMPANIES INC /DE/ | $73.0M | 0.6% | -3% | 68.7 |
| 52 |  $EQIX | EQUINIX INC | $73.0M | 0.6% | -6% | 59 |
| 53 |  $TT | Trane Technologies plc | $72.8M | 0.6% | -3% | — |
| 54 |  $WEC | WEC ENERGY GROUP, INC. | $71.9M | 0.6% | -2% | 60.1 |
| 55 |  $MSI | Motorola Solutions, Inc. | $70.0M | 0.6% | -23% | 71.8 |
| 56 |  $AXP | AMERICAN EXPRESS CO | $69.7M | 0.6% | +12% | 69.4 |
| 57 | $DAL | DELTA AIR LINES, INC. | $66.9M | 0.5% | NEW | 57.5 |
| 58 |  $CCL | Carnival Corp Ltd. | $64.6M | 0.5% | -2% | — |
| 59 |  $MNST | Monster Beverage Corp | $64.2M | 0.5% | -2% | 71.3 |
| 60 |  $VRT | Vertiv Holdings Co | $63.9M | 0.5% | -4% | 81 |
| 61 |  $SLB | SLB LIMITED/NV | $63.3M | 0.5% | +11% | 57.9 |
| 62 |  $H | Hyatt Hotels Corp | $61.9M | 0.5% | NEW | 47.9 |
| 63 |  $HIG | HARTFORD INSURANCE GROUP, INC. | $61.3M | 0.5% | -2% | 71.6 |
| 64 |  $SYK | STRYKER CORP | $60.8M | 0.5% | -1% | 72.1 |
| 65 |  $MDT | Medtronic plc | $60.7M | 0.5% | -1% | 68.7 |
| 66 |  $TMUS | T-Mobile US, Inc. | $60.2M | 0.5% | +1% | 69.1 |
| 67 |  $VTR | Ventas, Inc. | $58.9M | 0.5% | -20% | 62.5 |
| 68 |  $PLD | Prologis, Inc. | $58.4M | 0.5% | -2% | 68.3 |
| 69 |  $ODFL | OLD DOMINION FREIGHT LINE, INC. | $57.6M | 0.5% | -27% | 61.3 |
| 70 |  $NOW | ServiceNow, Inc. | $57.5M | 0.5% | -2% | 72.9 |
| 71 |  $ET | Energy Transfer LP | $56.7M | 0.5% | -11% | 64.4 |
| 72 |  $ICE | Intercontinental Exchange, Inc. | $55.6M | 0.4% | -2% | 73.7 |
| 73 | — | ISHARES INC - MSCI JAPAN ETF | $55.3M | 0.4% | +0% | — |
| 74 |  $TDG | TransDigm Group INC | $50.6M | 0.4% | -2% | 68 |
| 75 |  $IAU | ISHARES GOLD TRUST | $50.1M | 0.4% | -80% | — |
| 76 |  $WM | WASTE MANAGEMENT INC | $47.7M | 0.4% | -16% | 67.6 |
| 77 |  $LNG | Cheniere Energy, Inc. | $46.9M | 0.4% | -1% | 66.5 |
| 78 |  $INTC | INTEL CORP | $44.2M | 0.3% | NEW | 45.6 |
| 79 |  $PSA | Public Storage | $43.4M | 0.3% | -2% | 69.1 |
| 80 |  $APH | AMPHENOL CORP /DE/ | $39.5M | 0.3% | +0% | 79.3 |
| 81 |  $NI | NISOURCE INC. | $38.9M | 0.3% | -2% | 62.6 |
| 82 | — | PGIM ETF TR - AAA CLO ETF | $38.5M | 0.3% | -25% | — |
| 83 |  $BA | BOEING CO | $38.3M | 0.3% | -2% | 61.6 |
| 84 |  $DXCM | DEXCOM INC | $36.3M | 0.3% | -2% | 76 |
| 85 |  $LRCX | LAM RESEARCH CORP | $32.7M | 0.3% | +0% | 79.4 |
| 86 |  $ASML | ASML HOLDING NV | $27.4M | 0.2% | -5% | — |
| 87 |  $SBUX | STARBUCKS CORP | $25.5M | 0.2% | NEW | 58.2 |
| 88 |  $SNDK | Sandisk Corp | $23.9M | 0.2% | -48% | 87.7 |
| 89 |  $LIN | LINDE PLC | $20.2M | 0.2% | +62% | — |
| 90 |  $CB | Chubb Ltd | $18.4M | 0.1% | +1222% | — |
| 91 |  $ADBE | ADOBE INC. | $18.4M | 0.1% | +0% | 77.6 |
| 92 |  $EW | Edwards Lifesciences Corp | $18.0M | 0.1% | +88% | 69.4 |
| 93 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $16.8M | 0.1% | +0% | — |
| 94 |  $FTNT | Fortinet, Inc. | $14.9M | 0.1% | -22% | 80.1 |
| 95 |  $PGR | PROGRESSIVE CORP/OH/ | $14.6M | 0.1% | +296% | 80.1 |
| 96 | — | ISHARES INC - MSCI EMRG CHN | $14.0M | 0.1% | +0% | — |
| 97 |  $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | $13.9M | 0.1% | NEW | — |
| 98 |  $DIS | Walt Disney Co | $13.6M | 0.1% | -6% | 60.1 |
| 99 |  $BDX | BECTON DICKINSON & CO | $11.8M | 0.1% | +3437% | 59 |
| 100 |  $NOK | NOKIA CORP | $11.0M | 0.1% | +0% | — |
| 101 |  $LVS | LAS VEGAS SANDS CORP | $11.0M | 0.1% | +0% | 70.7 |
| 102 |  $CCZ | COMCAST CORP | $10.7M | 0.1% | +1012% | 59.5 |
| 103 |  $BKNG | Booking Holdings Inc. | $10.1M | 0.1% | +2400% | 58.5 |
| 104 |  $CSCO | CISCO SYSTEMS, INC. | $9.4M | 0.1% | +66% | 70.3 |
| 105 |  $HCA | HCA Healthcare, Inc. | $9.1M | 0.1% | +1125% | 68.9 |
| 106 |  $STX | Seagate Technology Holdings plc | $8.8M | 0.1% | +298% | — |
| 107 |  $CRM | Salesforce, Inc. | $8.4M | 0.1% | +0% | 77 |
| 108 |  $ORLY | O REILLY AUTOMOTIVE INC | $8.1M | 0.1% | +0% | 67.4 |
| 109 |  $PLTR | Palantir Technologies Inc. | $7.9M | 0.1% | +167% | 84.6 |
| 110 |  $TXN | TEXAS INSTRUMENTS INC | $7.5M | 0.1% | +0% | 73.4 |
| 111 | $INTU | INTUIT INC. | $7.5M | 0.1% | +77% | 79.3 |
| 112 |  $RMD | RESMED INC | $7.4M | 0.1% | +0% | 74.3 |
| 113 |  $PEP | PEPSICO INC | $7.4M | 0.1% | +63% | 63.4 |
| 114 |  $PBR | PETROBRAS - PETROLEO BRASILEIRO SA | $6.9M | 0.1% | +63% | 54.3 |
| 115 |  $DASH | DoorDash, Inc. | $6.8M | 0.1% | +11% | 71 |
| 116 |  $DHR | DANAHER CORP /DE/ | $6.7M | 0.1% | -91% | 64.8 |
| 117 |  $MTD | METTLER TOLEDO INTERNATIONAL INC/ | $6.5M | 0.1% | +0% | 67.5 |
| 118 |  $BSX | BOSTON SCIENTIFIC CORP | $6.4M | 0.1% | -78% | 77.5 |
| 119 |  $SHEL | Shell plc | $6.0M | 0.1% | NEW | — |
| 120 |  $TEL | TE Connectivity plc | $6.0M | 0.1% | -26% | — |
| 121 |  $MCD | MCDONALDS CORP | $5.9M | 0.1% | +0% | 69 |
| 122 |  $CNMD | CONMED Corp | $5.9M | 0.1% | +0% | 48.7 |
| 123 |  $XYL | Xylem Inc. | $5.5M | 0.0% | NEW | 65.8 |
| 124 |  $AZO | AUTOZONE INC | $5.5M | 0.0% | +871% | 66.2 |
| 125 |  $SHOP | SHOPIFY INC. | $5.4M | 0.0% | +0% | 64.9 |
| 126 |  $MCO | MOODYS CORP /DE/ | $5.4M | 0.0% | +0% | 79.1 |
| 127 |  $NET | Cloudflare, Inc. | $5.3M | 0.0% | -34% | 56.4 |
| 128 |  $FERG | Ferguson Enterprises Inc. /DE/ | $5.3M | 0.0% | -26% | 52.2 |
| 129 |  $ELV | Elevance Health, Inc. | $5.3M | 0.0% | +0% | 59 |
| 130 |  $CVS | CVS HEALTH Corp | $5.3M | 0.0% | +0% | 59.4 |
| 131 |  $VRSN | VERISIGN INC/CA | $5.3M | 0.0% | +0% | 71.3 |
| 132 |  $AMT | AMERICAN TOWER CORP /MA/ | $5.1M | 0.0% | +0% | 66.3 |
| 133 |  $MO | ALTRIA GROUP, INC. | $4.8M | 0.0% | +0% | 67.4 |
| 134 |  $IDXX | IDEXX LABORATORIES INC /DE | $4.8M | 0.0% | +8% | 73.8 |
| 135 |  $WST | WEST PHARMACEUTICAL SERVICES INC | $4.7M | 0.0% | +0% | 64.4 |
| 136 |  $KLAC | KLA CORP | $4.5M | 0.0% | +218% | 78.6 |
| 137 |  $CNQ | CANADIAN NATURAL RESOURCES Ltd | $4.4M | 0.0% | +0% | — |
| 138 |  $KGC | KINROSS GOLD CORP | $4.4M | 0.0% | -9% | — |
| 139 |  $CAH | CARDINAL HEALTH INC | $4.4M | 0.0% | NEW | 62.4 |
| 140 |  $GDDY | GoDaddy Inc. | $4.3M | 0.0% | +3272% | 70.7 |
| 141 |  $AFL | AFLAC INC | $4.0M | 0.0% | +0% | 61.3 |
| 142 |  $CPRT | COPART INC | $3.9M | 0.0% | +0% | 69.1 |
| 143 |  $WRB | BERKLEY W R CORP | $3.9M | 0.0% | +2204% | 68.6 |
| 144 |  $T | AT&T INC. | $3.8M | 0.0% | +0% | 65.7 |
| 145 |  $AMH | American Homes 4 Rent | $3.8M | 0.0% | +1451% | 64.1 |
| 146 |  $AIG | AMERICAN INTERNATIONAL GROUP, INC. | $3.7M | 0.0% | NEW | 54.9 |
| 147 |  $CTAS | CINTAS CORP | $3.6M | 0.0% | +401% | 68.7 |
| 148 |  $MRK | Merck & Co., Inc. | $3.6M | 0.0% | +0% | 59.9 |
| 149 |  $SIMO | Silicon Motion Technology CORP | $3.5M | 0.0% | -20% | — |
| 150 |  $AON | Aon plc | $3.5M | 0.0% | +369% | — |
New Positions (81)
$JNJ JOHNSON & JOHNSON$124.7M$AMAT APPLIED MATERIALS INC /DE$118.6M$DAL DELTA AIR LINES, INC.$66.9M$H Hyatt Hotels Corp$61.9M$INTC INTEL CORP$44.2M$SBUX STARBUCKS CORP$25.5M$SPCX SPACE EXPLORATION TECHNOLOGIES CORP$13.9M$SHEL Shell plc$6.0M$XYL Xylem Inc.$5.5M$CAH CARDINAL HEALTH INC$4.4M$AIG AMERICAN INTERNATIONAL GROUP, INC.$3.7M
$NOC NORTHROP GRUMMAN CORP /DE/$3.1M
$WFC WELLS FARGO & COMPANY/MN$2.9M
$GGB GERDAU S.A.$2.5M
$ES EVERSOURCE ENERGY$1.9MExited Positions (63)
$SPOT Spotify Technology S.A.
$CVX CHEVRON CORP
$WPM Wheaton Precious Metals Corp.
$RIO RIO TINTO PLC
$PR Permian Resources Corp
$GLW CORNING INC /NY
$SCCO SOUTHERN COPPER CORP/
$EBAY EBAY INC
$UI Ubiquiti Inc.
$KRP Kimbell Royalty Partners, LP
$COP CONOCOPHILLIPS
$MDLZ Mondelez International, Inc.Browse Top Institutional Investors
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