SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Employees Retirement System of Texas

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

Reported Value
$10.7B
Q2 2024
Positions
315
Filings on Record
31
2019–present window
Filed
Aug 14, 2024
original filing

Summary

Employees Retirement System Of Texas reported $10.7B in U.S.-listed holdings across 315 positions for Q2 2024.

Its largest position, VGIT, represents 11.7% of the portfolio.

Compared with Q1 2024, the fund opened 35 new positions and exited 48.

Portfolio Metrics

Turnover
+11.9%
vs prior filed quarter
Top-10 Concentration
+41.5%
share of reported value
Largest Position
+11.7%
Vanguard Scottsdale Fds
New / Exited
35 / 48
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: 73.3%ETP: 19.9%REIT: 5.1%ADR: 1.4%US DOMESTIC: 0.1%Other: 0.1%
  • Common Stock · 73.3% · $7.8B
  • ETP · 19.9% · $2.1B
  • REIT · 5.1% · $549M
  • ADR · 1.4% · $144M
  • US DOMESTIC · 0.1% · $15M
  • Other · 0.1% · $12M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HONHONEYWELL INTL INCNEW+280.6K280.6K+$60M$60M
TSCOTRACTOR SUPPLY CONEW+141.0K141.0K+$38M$38M
MNSTMONSTER BEVERAGE CORP NEWNEW+697.7K697.7K+$35M$35M
QCOMQUALCOMM INCNEW+46.8K46.8K+$9M$9M
NEENEXTERA ENERGY INCNEW+120.7K120.7K+$9M$9M
AEPAMERICAN ELEC PWR CO INCNEW+94.8K94.8K+$8M$8M
SOSOUTHERN CONEW+107.0K107.0K+$8M$8M
PECOPHILLIPS EDISON & CO INCNEW+100.0K100.0K+$3M$3M

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

Holdings — Q2 2024

309 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VGITVANGUARD SCOTTSDALE FDShistory →INTER TERM TREAS11.73%$1.3B21.48M
2NVDANVIDIA CORPORATIONhistory →COM5.07%$541M4.38M
3AAPLAPPLE INChistory →COM4.16%$444M2.11M
4MSFTMICROSOFT CORPhistory →COM4.14%$442M989.2K
5AMZNAMAZON COM INChistory →COM3.34%$356M1.84M
6GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.29%$351M1.92M
7DBX ETF TRXTRACK USD HIGH2.83%$302M8.51M
8VOOVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · SMALL CP ETF · REAL ESTATE ETF2.81%$300M986.4K
9METAMETA PLATFORMS INChistory →CL A2.41%$257M510.3K
10LLYELI LILLY & COhistory →COM1.75%$186M205.7K
11JPMJPMORGAN CHASE & CO.history →COM1.51%$161M796.5K
12AVGOBROADCOM INChistory →COM1.50%$160M99.3K
13MAMASTERCARD INCORPORATEDhistory →CL A1.33%$142M321.6K
14EXMOCEXXON MOBIL CORPhistory →COM1.28%$136M1.18M
15NOWSERVICENOW INChistory →COM1.03%$110M139.6K
16PHPARKER-HANNIFIN CORPhistory →COM1.00%$106M209.8K
17PLDPROLOGIS INC.history →COM0.98%$105M932.1K
18PANWPALO ALTO NETWORKS INChistory →COM0.97%$103M304.4K
19UNHUNITEDHEALTH GROUP INChistory →COM0.95%$101M198.7K
20WMTWALMART INChistory →COM0.93%$99M1.47M
21NFLXNETFLIX INChistory →COM0.90%$96M141.5K
22DGRWWISDOMTREE TRhistory →US QTLY DIV GRT0.89%$95M1.22M
23COSTCOSTCO WHSL CORP NEWhistory →COM0.89%$95M112.1K
24PGPROCTER AND GAMBLE COhistory →COM0.88%$93M566.4K
25KOCOCA COLA COhistory →COM0.80%$85M1.33M
26DISDISNEY WALT COhistory →COM0.78%$83M837.4K
27CRMSALESFORCE INChistory →COM0.78%$83M322.0K
28TDGTRANSDIGM GROUP INChistory →COM0.75%$80M63.0K
29DDOGDATADOG INChistory →CL A COM0.75%$80M615.4K
30ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.71%$75M248.4K
31MRKMERCK & CO INChistory →COM0.71%$75M607.4K
32ETNEATON CORP PLChistory →SHS0.70%$75M239.0K
33LNGCHENIERE ENERGY INChistory →COM NEW0.69%$74M423.4K
34SLBSCHLUMBERGER LTDhistory →COM STK0.68%$73M1.54M
35INTUINTUIThistory →COM0.68%$72M110.0K
36WFCWELLS FARGO CO NEWhistory →COM0.68%$72M1.22M
37NXPINXP SEMICONDUCTORS N Vhistory →COM0.67%$71M265.6K
38MUMICRON TECHNOLOGY INChistory →COM0.67%$71M540.6K
39DHRDANAHER CORPORATIONhistory →COM0.67%$71M284.0K
40TSLATESLA INChistory →COM0.66%$70M354.0K
41AMEAMETEK INChistory →COM0.65%$69M413.0K
42TJXTJX COS INC NEWhistory →COM0.63%$67M606.0K
43MDLZMONDELEZ INTL INChistory →CL A0.62%$67M1.02M
44AZOAUTOZONE INChistory →COM0.61%$65M22.0K
45MSMORGAN STANLEYhistory →COM NEW0.60%$64M659.4K
46VICIVICI PPTYS INChistory →COM0.59%$63M2.20M
47CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.59%$63M1.00M
48ICEINTERCONTINENTAL EXCHANGE INhistory →COM0.59%$62M456.1K
49WMWASTE MGMT INC DELhistory →COM0.58%$62M292.2K
50CLCOLGATE PALMOLIVE COhistory →COM0.57%$61M628.5K
51HONHONEYWELL INTL INChistory →COM0.56%$60M280.6K
52ALLYALLY FINL INChistory →COM0.55%$59M1.49M
53CDNSCADENCE DESIGN SYSTEM INChistory →COM0.55%$58M189.0K
54MDYSPDR S&P MIDCAP 400 ETF TRhistory →UTSER1 S&PDCRP0.54%$58M108.5K
55FCXFREEPORT-MCMORAN INChistory →CL B0.54%$58M1.19M
56AJGGALLAGHER ARTHUR J & COhistory →COM0.54%$58M223.0K
57HIGHARTFORD FINL SVCS GROUP INChistory →COM0.54%$57M569.0K
58TMUST-MOBILE US INChistory →COM0.53%$57M322.4K
59XBISPDR SER TRhistory →S&P BIOTECH0.52%$56M603.9K
60ETRENTERGY CORP NEWhistory →COM0.52%$56M521.0K
61VRTXVERTEX PHARMACEUTICALS INChistory →COM0.52%$55M118.0K
62BSXBOSTON SCIENTIFIC CORPhistory →COM0.51%$55M710.0K
63FITBFIFTH THIRD BANCORPhistory →COM0.49%$52M1.43M
64XLFSELECT SECTOR SPDR TRhistory →FINANCIAL0.49%$52M1.27M
65AXPAMERICAN EXPRESS COhistory →COM0.49%$52M224.3K
66HCAHCA HEALTHCARE INChistory →COM0.48%$51M160.0K
67LOWLOWES COS INChistory →COM0.48%$51M231.0K
68FMXFOMENTO ECONOMICO MEXICANO Shistory →SPON ADR UNITS0.48%$51M471.1K
69NEMNEWMONT CORPhistory →COM0.47%$50M1.20M
70STZCONSTELLATION BRANDS INChistory →CL A0.47%$50M194.0K
71NINISOURCE INChistory →COM0.45%$48M1.67M
72LPLALPL FINL HLDGS INChistory →COM0.44%$47M168.4K
73MCKMCKESSON CORPhistory →COM0.44%$47M80.0K
74ZTSZOETIS INChistory →CL A0.44%$46M268.0K
75AMPAMERIPRISE FINL INChistory →COM0.43%$46M108.4K
76HHYATT HOTELS CORPhistory →COM CL A0.41%$44M289.0K
77ICLRICON PLChistory →SHS0.41%$44M140.0K
78DXCMDEXCOM INChistory →COM0.41%$44M385.0K
79ULTAULTA BEAUTY INChistory →COM0.41%$43M112.0K
80MSIMOTOROLA SOLUTIONS INChistory →COM NEW0.38%$41M105.0K
81SBACSBA COMMUNICATIONS CORP NEWhistory →CL A0.38%$40M206.1K
82BMRNBIOMARIN PHARMACEUTICAL INChistory →COM0.38%$40M491.1K
83ODFLOLD DOMINION FREIGHT LINE INhistory →COM0.36%$38M217.5K
84RMDRESMED INChistory →COM0.36%$38M199.9K
85TSCOTRACTOR SUPPLY COhistory →COM0.36%$38M141.0K
86CHARLES RIV LABS INTL INCCOM0.34%$36M174.0K
87MNSTMONSTER BEVERAGE CORP NEWhistory →COM0.33%$35M697.7K
88WECWEC ENERGY GROUP INChistory →COM0.29%$31M393.0K
89EQIXEQUINIX INChistory →COM0.27%$29M38.0K
90ASOACADEMY SPORTS & OUTDOORS INhistory →COM0.25%$27M499.0K
91WELLWELLTOWER INChistory →COM0.24%$26M250.0K
92PSAPUBLIC STORAGE OPER COhistory →COM0.20%$22M75.3K
93OREALTY INCOME CORPhistory →COM0.20%$22M408.2K
94FETFORUM ENERGY TECHNOLOGIES INNOTE 9.000% 8/0 · COM0.19%$20M13.48M
95SPGSIMON PPTY GROUP INC NEWhistory →COM0.18%$19M126.6K
96DVDOUBLEVERIFY HLDGS INChistory →COM0.17%$18M914.0K
97DLRDIGITAL RLTY TR INChistory →COM0.16%$17M114.0K
98EXREXTRA SPACE STORAGE INChistory →COM0.14%$14M92.7K
99PMPHILIP MORRIS INTL INChistory →COM0.13%$14M141.7K
100AMHAMERICAN HOMES 4 RENThistory →CL A0.12%$13M346.6K

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 ↗.