SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Employees Retirement System of Texas

CIK 0001398739 · P.O. BOX 13207, AUSTIN, TX, 78711-3207 · 512-867-7711

Reported Value
$6.6B
Q1 2019
Positions
1,055
Filings on Record
31
2019–present window
Filed
May 14, 2019
original filing

Summary

Employees Retirement System Of Texas reported $6.6B in U.S.-listed holdings across 1,055 positions for Q1 2019.

Its largest position, HYUP, represents 5.3% of the portfolio.

Compared with Q4 2018, the fund opened 51 new positions and exited 53.

Portfolio Metrics

Turnover
+10.4%
vs prior filed quarter
Top-10 Concentration
+19.2%
share of reported value
Largest Position
+5.3%
Dbx Etf Tr
New / Exited
51 / 53
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $6.3BQ4 ’18Q1 ’19: $6.6BQ2 ’19: $6.6BQ3 ’19: $6.4BQ4 ’19: $6.4BQ4 ’19Q1 ’20: $5.2BQ2 ’20: $6.6BQ3 ’20: $6.8BQ4 ’20: $6.3BQ4 ’20Q1 ’21: $7.8BQ2 ’21: $8.2BQ3 ’21: $8.6BQ4 ’21: $8.9BQ4 ’21Q1 ’22: $8.4BQ2 ’22: $7.0BQ3 ’22: $6.6BQ4 ’22: $6.9BQ4 ’22Q1 ’23: $6.9BQ2 ’23: $7.3BQ3 ’23: $6.7BQ4 ’23: $8.5BQ4 ’23Q1 ’24: $9.2BQ2 ’24: $10.7BQ3 ’24: $11.6BQ4 ’24: $11.7BQ4 ’24Q1 ’25: $11.0BQ2 ’25: $12.3BQ3 ’25: $12.5BQ4 ’25: $12.3BQ4 ’25Q1 ’26: $11.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 74.5%ETP: 10.0%REIT: 9.3%ADR: 3.8%Other: 2.3%MLP: 0.1%
  • Common Stock · 74.5% · $4.9B
  • ETP · 10.0% · $664M
  • REIT · 9.3% · $619M
  • ADR · 3.8% · $254M
  • Other · 2.3% · $150M
  • MLP · 0.1% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LIVENT CORPNEW+563.5K563.5K+$7M$7M
CORESITE RLTY CORPNEW+45.0K45.0K+$5M$5M
APARTMENT INVT & MGMT CONEW+87.1K87.1K+$4M$4M
EWHISHARES INCNEW+162.0K162.0K+$4M$4M
SBNYSIGNATURE BK NEW YORK N YNEW+32.0K32.0K+$4M$4M
STESTERIS PLCNEW+29.0K29.0K+$4M$4M
WABCO HLDGS INCNEW+24.6K24.6K+$3M$3M
SINA CORPNEW+48.9K48.9K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

487 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HYUPDBX ETF TRXTRACKERS HIGH · XTRACKERS LOW · XTRACK USD HIGH5.34%$354M7.20M
2MSFTMICROSOFT CORPhistory →COM2.47%$164M1.39M
3AAPLAPPLE INChistory →COM1.88%$125M657.1K
4XLUSELECT SECTOR SPDR TRSBI INT-UTILS · SBI MATERIALS · SBI CONS DISCR1.87%$124M2.10M
5AMZNAMAZON COM INChistory →COM1.86%$123M69.1K
6GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.84%$122M103.6K
7EMBISHARES TRJPMORGAN USD EMG · U.S. REAL ES ETF · CHINA LG-CAP ETF · IBOXX HI YD ETF · CORE S&P MCP ETF · CORE S&P SCP ETF1.09%$72M805.3K
8METAFACEBOOK INChistory →CL A1.03%$68M408.7K
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.89%$59M294.8K
10BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS0.89%$59M322.7K
11JPMJPMORGAN CHASE & COhistory →COM0.88%$58M577.3K
12JNJJOHNSON & JOHNSONhistory →COM0.86%$57M407.4K
13PFEPFIZER INChistory →COM0.81%$53M1.26M
14VVISA INChistory →COM CL A0.79%$52M335.3K
15INTCINTEL CORPhistory →COM0.69%$46M854.5K
16UNHUNITEDHEALTH GROUP INChistory →COM0.68%$45M182.4K
17PGPROCTER AND GAMBLE COhistory →COM0.67%$45M429.5K
18CVXCHEVRON CORP NEWhistory →COM0.66%$44M355.6K
19MAMASTERCARD INChistory →CL A0.66%$44M185.1K
20ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.61%$40M229.4K
21SPGSIMON PPTY GROUP INC NEWhistory →COM0.60%$40M217.7K
22MDTMEDTRONIC PLChistory →SHS0.60%$40M434.7K
23BACBANK AMER CORPhistory →COM0.59%$39M1.41M
24MRKMERCK & CO INChistory →COM0.58%$39M465.1K
25PYPLPAYPAL HLDGS INChistory →COM0.57%$38M366.2K
26BABOEING COhistory →COM0.56%$37M97.3K
27EXMOCEXXON MOBIL CORPhistory →COM0.56%$37M458.2K
28PMPHILIP MORRIS INTL INChistory →COM0.55%$37M415.4K
29AVGOBROADCOM INChistory →COM0.55%$36M120.9K
30CMCSACOMCAST CORP NEWhistory →CL A0.51%$34M851.1K
31DISDISNEY WALT COhistory →COM DISNEY0.51%$34M304.3K
32WFCWELLS FARGO CO NEWhistory →COM0.50%$33M684.0K
33ADBEADOBE INChistory →COM0.49%$32M121.9K
34VZVERIZON COMMUNICATIONS INChistory →COM0.48%$32M541.9K
35PLDPROLOGIS INChistory →COM0.48%$32M443.7K
36CCITIGROUP INChistory →COM NEW0.48%$32M509.0K
37KOCOCA COLA COhistory →COM0.47%$31M670.7K
38BIDUBAIDU INChistory →SPON ADR REP A0.46%$30M184.7K
39VGKVANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF · GLB EX US ETF0.45%$30M555.0K
40HDHOME DEPOT INChistory →COM0.45%$30M155.3K
41CSCOCISCO SYS INChistory →COM0.44%$29M538.8K
42HONHONEYWELL INTL INChistory →COM0.44%$29M182.6K
43ORCLORACLE CORPhistory →COM0.43%$29M535.4K
44CRMSALESFORCE COM INChistory →COM0.43%$29M181.3K
45MCDMCDONALDS CORPhistory →COM0.43%$28M148.5K
46SJNKSPDR SER TRhistory →BLOOMBERG SRT TR0.41%$27M1.00M
47AXPAMERICAN EXPRESS COhistory →COM0.41%$27M249.2K
48UNPUNION PACIFIC CORPhistory →COM0.40%$27M159.9K
49PEPPEPSICO INChistory →COM0.39%$26M213.3K
50ABTABBOTT LABShistory →COM0.37%$25M309.5K
51CPTCAMDEN PPTY TRhistory →SH BEN INT0.37%$24M241.0K
52EQIXEQUINIX INChistory →COM0.36%$24M52.4K
53LLYLILLY ELI & COhistory →COM0.36%$24M182.3K
54PSXPHILLIPS 66history →COM0.34%$23M238.6K
55AVBAVALONBAY CMNTYS INChistory →COM0.33%$22M108.6K
56NFLXNETFLIX INChistory →COM0.33%$22M61.1K
57ELVANTHEM INChistory →COM0.33%$22M75.9K
58WMTWALMART INChistory →COM0.32%$22M220.7K
59QCOMQUALCOMM INChistory →COM0.32%$21M370.2K
60EOGEOG RES INChistory →COM0.31%$20M213.3K
61AMTAMERICAN TOWER CORP NEWhistory →COM0.30%$20M102.4K
62ABBVABBVIE INChistory →COM0.30%$20M249.4K
63CYRUSONE INCCOM0.30%$20M380.0K
64TXNTEXAS INSTRS INChistory →COM0.30%$20M186.2K
65HESHESS CORPhistory →COM0.29%$19M320.9K
66ORLYO REILLY AUTOMOTIVE INC NEWhistory →COM0.29%$19M49.6K
67TAT&T INChistory →COM0.28%$19M602.1K
68GILDGILEAD SCIENCES INChistory →COM0.28%$19M289.6K
69TJXTJX COS INC NEWhistory →COM0.27%$18M339.7K
70HRUSDHEALTHCARE RLTY TRhistory →COM0.27%$18M559.0K
71SLBSCHLUMBERGER LTDhistory →COM0.27%$18M408.6K
72SPYSPDR S&P 500 ETF TRhistory →TR UNIT0.26%$17M61.6K
73GDXVANECK VECTORS ETF TRhistory →GOLD MINERS ETF0.26%$17M767.0K
74EQREQUITY RESIDENTIALhistory →SH BEN INT0.26%$17M226.0K
75ROSTROSS STORES INChistory →COM0.26%$17M182.5K
76CVSCVS HEALTH CORPhistory →COM0.25%$17M313.3K
77MDLZMONDELEZ INTL INChistory →CL A0.25%$17M337.0K
78ROPROPER TECHNOLOGIES INChistory →COM0.25%$16M48.1K
79LOWLOWES COS INChistory →COM0.25%$16M149.7K
80INGERSOLL-RAND PLCSHS0.25%$16M150.7K
81APDAIR PRODS & CHEMS INChistory →COM0.24%$16M84.9K
82VRTXVERTEX PHARMACEUTICALS INChistory →COM0.24%$16M88.0K
83MAAMID AMER APT CMNTYS INChistory →COM0.24%$16M146.5K
84TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS0.24%$16M389.2K
85GENERAL ELECTRIC COCOM0.24%$16M1.58M
86DLRDIGITAL RLTY TR INChistory →COM0.24%$16M132.5K
87WELLWELLTOWER INChistory →COM0.24%$16M203.0K
88USBUS BANCORP DELhistory →COM NEW0.23%$16M323.2K
89SPGIS&P GLOBAL INChistory →COM0.23%$15M73.2K
90RAYTHEON COCOM NEW0.23%$15M84.2K
91BPBP PLChistory →SPONSORED ADR0.23%$15M348.9K
92NVDANVIDIA CORPhistory →COM0.23%$15M84.6K
93DGDOLLAR GEN CORP NEWhistory →COM0.23%$15M126.5K
94UTXZUNITED TECHNOLOGIES CORPhistory →COM0.22%$15M115.5K
95AZOAUTOZONE INChistory →COM0.22%$15M14.5K
96ILMNILLUMINA INChistory →COM0.22%$15M47.3K
97CATCATERPILLAR INC DELhistory →COM0.22%$15M108.3K
98MOALTRIA GROUP INChistory →COM0.22%$15M254.8K
99HCP INCCOM0.22%$15M466.5K
100AMHAMERICAN HOMES 4 RENThistory →CL A0.22%$14M637.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$11.4B493May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$12.3B496Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$12.5B507Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$12.3B523Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$11.0B264May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$11.7B311Feb 28, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$11.6B334Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$10.7B315Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$9.2B328May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$8.5B340Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$6.7B297Nov 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$7.3B321Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$6.9B330Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$6.9B333Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$6.6B349Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$7.0B711Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$8.4B748May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$8.9B755Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$8.6B787Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$8.2B735Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$7.8B729May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$6.3B645Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$6.8B708Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$6.6B728Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$5.2B746May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$6.4B777Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$6.4B850Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$6.6B1,086Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$6.6B1,055May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.3B1,057Feb 12, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.