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CIK: 0001398739
Total reported value
$12.6B
$12.6B
496 檔
29.9%
According to the latest 13F quarterly dataset, Employees Retirement System of Texas managed an equity portfolio of $12.6B at the end of Q4 2025, spanning 496 distinct U.S. exchange-listed positions.
In Q4 2025, Employees Retirement System of Texas adopted a defensive or profit-taking posture, trimming 103 positions and completely liquidating 18 holdings to manage risk exposure.
Showing top 200 holdings (of 496 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VGIT | Vanguard Intermediate-term T | ETF-Other | 10.84% | -1.22% | -6.97% | |
| 2 | MSFT | Microsoft CORP | Stock-Tech | 5.62% | -0.63% | +11.22% | |
| 3 | NVDA | Nvidia CORP | Stock-Tech | 5.56% | -0.19% | -1.68% | |
| 4 | AAPL | Apple Inc | Stock-Tech | 5.02% | +0.33% | -7.01% | |
| 5 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 3.64% | +0.13% | +5.82% | |
| 6 | HYLB | Xtrackers Usd High Yield Cor | ETF-High Yield | 3.41% | -0.30% | -10.68% | |
| 7 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 2.97% | +0.81% | -5.62% | |
| 8 | AVGO | Broadcom Inc | Stock-Tech | 2.38% | +0.08% | +9.03% | |
| 9 | META | Meta Platforms Inc-class A | Stock-Comm Services | 2.09% | -0.01% | -9.61% | |
| 10 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 2.06% | — | — | |
| 11 | MA | Mastercard Inc - A | Stock-Financials | 1.78% | +0.13% | -1.54% | |
| 12 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.59% | -0.03% | -1.73% | |
| 13 | TSLA | Tesla Inc | Stock-Consumer Disc | 1.46% | +0.01% | -1.70% | |
| 14 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.42% | -0.01% | -1.76% | |
| 15 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.27% | +0.19% | +8.67% | |
| 16 | XOM | Exxon Mobil CORP | Stock-Energy | 1.22% | -0.49% | +3.99% | |
| 17 | NEM | Newmont CORP | Stock-Materials | 1.12% | -0.30% | +22.65% | |
| 18 | BAC | Bank Of America CORP | Stock-Financials | 1.11% | +0.13% | -3.65% | |
| 19 | WMT | Walmart Inc | Stock-Consumer Staples | 1.02% | -0.34% | -1.76% | |
| 20 | PANW | Palo Alto Networks Inc | Stock-Tech | 0.99% | +0.79% | +23.88% | |
| 21 | PH | Parker Hannifin CORP | Stock-Industrials | 0.95% | -0.25% | -1.70% | |
| 22 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.93% | -0.16% | +0.82% | |
| 23 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 0.91% | +0.01% | -73.11% | |
| 24 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.89% | -0.27% | +29.05% | |
| 25 | FCX | Freeport-mcmoran Inc | Stock-Materials | 0.85% | +0.02% | +28.86% | |
| 26 | XLI | Ss Industrial Select Sector | ETF-Other | 0.84% | -0.31% | EXIT | |
| 27 | TMO | Thermo Fisher Scientific Inc | Stock-Healthcare | 0.83% | -0.06% | +26.68% | |
| 28 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 0.81% | +0.82% | +5.06% | |
| 29 | HD | Home Depot Inc | Stock-Consumer Disc | 0.77% | -0.20% | -1.53% | |
| 30 | DHR | Danaher CORP | Stock-Healthcare | 0.77% | -0.61% | +30.43% | |
| 31 | MSI | Motorola Solutions Inc | Stock-Tech | 0.74% | -0.27% | +32.23% | |
| 32 | CDNS | Cadence Design Sys Inc | Stock-Tech | 0.73% | +0.02% | +12.36% | |
| 33 | SCHW | Schwab (charles) CORP | Stock-Financials | 0.72% | -0.10% | -2.97% | |
| 34 | TJX | Tjx Companies Inc | Stock-Consumer Disc | 0.72% | -0.11% | -1.56% | |
| 35 | XBI | Ss Spdr S&p Biotech ETF | ETF-Tech | 0.72% | +0.08% | -1.76% | |
| 36 | ANET | Arista Networks Inc | Stock-Tech | 0.71% | +0.16% | +12.80% | |
| 37 | MS | Morgan Stanley | Stock-Financials | 0.70% | +0.18% | +15.60% | |
| 38 | AMD | Advanced Micro Devices | Stock-Tech | 0.68% | +1.02% | — | |
| 39 | MDT | Medtronic plc | Stock-Healthcare | 0.67% | -0.11% | -3.20% | |
| 40 | MELI | Mercadolibre Inc | Stock-Consumer Disc | 0.66% | — | +18.24% | |
| 41 | FITB | Fifth Third Bancorp | Stock-Financials | 0.65% | +0.06% | -1.76% | |
| 42 | NOW | Servicenow Inc | Stock-Tech | 0.63% | -0.08% | +429.21% | |
| 43 | ICE | Intercontinental Exchange In | Stock-Financials | 0.62% | -0.19% | -11.35% | |
| 44 | ALLY | Ally Financial Inc | Stock-Financials | 0.61% | +0.03% | -1.76% | |
| 45 | AXP | American Express Co | Stock-Financials | 0.58% | +0.06% | -1.73% | |
| 46 | WEC | Wec Energy Group Inc | Stock-Utilities | 0.57% | -0.06% | -1.76% | |
| 47 | SYK | Stryker CORP | Stock-Healthcare | 0.56% | -0.08% | -1.60% | |
| 48 | HIG | Hartford Insurance Group Inc | Stock-Financials | 0.56% | -0.07% | -1.64% | |
| 49 | VTR | Ventas Inc | Stock-Real Estate | 0.55% | -0.13% | -0.23% | |
| 50 | AZO | Autozone Inc | Stock-Consumer Disc | 0.55% | +0.03% | -1.49% |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +0.6% | -5.62% | Trim |
| 2 | LLY | Eli Lilly & Co | +0.5% | -1.73% | Trim |
| 3 | SPOT | Spotify Technology S.A. | +0.5% | +2885.97% | Add |
| 4 | AMZN | Amazon.com Inc | +0.4% | +5.82% | Add |
| 5 | GOOGL | Alphabet Inc-cl A | +0.4% | +8.67% | Add |
| 6 | NEM | Newmont CORP | +0.4% | +22.65% | Add |
| 7 | TT | Trane Technologies plc | +0.4% | +6223.64% | Add |
| 8 | FCX | Freeport-mcmoran Inc | +0.4% | +28.86% | Add |
| 9 | AVGO | Broadcom Inc | +0.3% | +9.03% | Add |
| 10 | FAST | Fastenal Co | +0.3% | +780.19% | Add |
| 11 | TOST | Toast Inc-class A | +0.3% | +23078.20% | Add |
| 12 | ISRG | Intuitive Surgical Inc | +0.3% | +558.90% | Add |
| 13 | MSFT | Microsoft CORP | +0.3% | +11.22% | Add |
| 14 | WSO | Watsco Inc | +0.3% | +1869.24% | Add |
| 15 | TMO | Thermo Fisher Scientific Inc | +0.3% | +26.68% | Add |
| 16 | DHR | Danaher CORP | +0.3% | +30.43% | Add |
| 17 | MS | Morgan Stanley | +0.2% | +15.60% | Add |
| 18 | COST | Costco Wholesale CORP | +0.2% | +29.05% | Add |
| 19 | XOM | Exxon Mobil CORP | +0.1% | +3.99% | Add |
| 20 | ASML | ASML Holding N.V. | +0.1% | +28978.00% | Add |
| 21 | XBI | Ss Spdr S&p Biotech ETF | +0.1% | -1.76% | Trim |
| 22 | PH | Parker Hannifin CORP | +0.1% | -1.70% | Trim |
| 23 | PANW | Palo Alto Networks Inc | +0.1% | +23.88% | Add |
| 24 | BSX | Boston Scientific CORP | +0.1% | +23.93% | Add |
| 25 | MSI | Motorola Solutions Inc | +0.1% | +32.23% | Add |
| 26 | TEL | TE Connectivity plc | +0.1% | +1410.82% | Add |
| 27 | LPLA | Lpl Financial Holdings Inc | +0.1% | +9.10% | Add |
| 28 | ALLY | Ally Financial Inc | +0.1% | -1.76% | Trim |
| 29 | WMT | Walmart Inc | +0.1% | -1.76% | Trim |
| 30 | MNST | Monster Beverage CORP | +0.1% | -1.65% | Trim |
| 31 | KO | Coca-cola Co/the | +0.1% | +0.82% | Add |
| 32 | VTR | Ventas Inc | +0.1% | -0.23% | Trim |
| 33 | AXP | American Express Co | +0.1% | -1.73% | Trim |
| 34 | XLI | Ss Industrial Select Sector | +0.1% | +5.04% | Add |
| 35 | AAPL | Apple Inc | +0.1% | -7.01% | Trim |
| 36 | PLD | Prologis Inc | +0.1% | -1.74% | Trim |
| 37 | BAC | Bank Of America CORP | +0.1% | -3.65% | Trim |
| 38 | WPM | Wheaton Precious Metals CORP | 0% | +94.47% | Add |
| 39 | SNDK | Sandisk CORP | 0% | — | Unchanged |
| 40 | FET | Forum Energy Technologies In | 0% | — | Unchanged |
| 41 | CRM | Salesforce Inc | 0% | +32.35% | Add |
| 42 | PLTR | Palantir Technologies Inc-a | 0% | +4600.00% | Add |
| 43 | TJX | Tjx Companies Inc | 0% | -1.56% | Trim |
| 44 | SLB | Slb LTD | 0% | -1.76% | Trim |
| 45 | ODFL | Old Dominion Freight Line | 0% | -1.59% | Trim |
| 46 | CX | Cemex Sab-spons Adr Part Cer | 0% | +130.04% | Add |
| 47 | LVS | Las Vegas Sands CORP | 0% | +7.43% | Add |
| 48 | UPS | United Parcel Service-cl B | 0% | +75.18% | Add |
| 49 | LRCX | Lam Research CORP | 0% | — | Unchanged |
| 50 | FITB | Fifth Third Bancorp | 0% | -1.76% | Trim |
According to official SEC Form 13F filings, Employees Retirement System of Texas reported a total U.S. public equity portfolio value of $12.6B across 496 disclosed positions in Q4 2025.
Expert Analysis & Guides for Tracking Wall Street Smart Money Movements
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including VGIT, MSFT, NVDA) accounted for 29.9% of total reported equity market value during Q4 2025.
Top New Position Initiated
VOO
市值: $253.0M
Top Position Liquidated / Trimmed
MNDY
前期市值: $74.0M
During Q4 2025, Employees Retirement System of Texas's top holdings by market value included VGIT (10.8%)、MSFT (5.6%)、NVDA (5.6%). The largest single position, VGIT, represented 10.8% of total portfolio value.
In Q4 2025, Employees Retirement System of Texas made 188 total portfolio adjustments, initiating 21 new buys, adding to 46 positions, trimming 103 holdings, and fully liquidating 18 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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