Employees Retirement System of Texas

13F filer, CIK 1398739, AUSTIN, TX

Employees Retirement System of Texas reported $11,715,060,000 across 311 holdings for the quarter ended 2024-12-31, in a 13F-HR/A filed 2025-02-28. Its ten largest share positions make up 39.55% of the portfolio.

Filed 2025-02-28 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC13F-HR/A 0001398739-25-000006

Period: 2024-12-31
Reported value: $11.7B
Holdings: 311
Top 10 weight: 39.55%
New: 32
Sold out: 55

Largest buys vs the previous quarter

Security	Shares change	Approx. value
UNHadded	+210,786	$107M
BKNGnew	+13,600	$67.6M
DHRnew	+240,300	$55.2M
MELIadded	+28,075	$47.7M
ETRadded	+595,900	$45.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
VICIexited	-2,302,200	-$76.7M
AMEexited	-389,820	-$66.9M
ELVexited	-126,100	-$65.6M
HUMexited	-165,700	-$52.5M
Hexited	-289,000	-$44M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR/A 0001398739-25-000006, largest first. % of portfolio is the value over $11,715,060,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
NVDANVIDIA CORPORATION	3,996,011	$537M	4.58%	+84,514	Timeline
AAPLAPPLE INC	1,978,631	$495M	4.23%	0	Timeline
MSFTMICROSOFT CORP	969,365	$409M	3.49%	+18,160	Timeline
AMZNAMAZON COM INC	1,767,053	$388M	3.31%	-46,107	Timeline
RSPINVESCO EXCHANGE TRADED FD T	2,056,072	$360M	3.08%	0	Timeline
GOOGALPHABET INC	1,436,271	$274M	2.33%	-54,788	Timeline
METAMETA PLATFORMS INC	421,520	$247M	2.11%	+2,229	Timeline
AVGOBROADCOM INC	945,949	$219M	1.87%	+19,080	Timeline
JPMJPMORGAN CHASE & CO	765,800	$184M	1.57%	0	Timeline
VEAVANGUARD TAX-MANAGED FDS	3,706,161	$177M	1.51%	0	Timeline
TSLATESLA INC	426,983	$172M	1.47%	+73,340	Timeline
MAMASTERCARD INCORPORATED	321,559	$169M	1.45%	0	Timeline
LLYELI LILLY & CO	205,168	$158M	1.35%	+11,816	Timeline
WMTWALMART INC	1,423,689	$129M	1.1%	-46,667	Timeline
NOWSERVICENOW INC	115,201	$122M	1.04%	0	Timeline
UNHUNITEDHEALTH GROUP INC	238,512	$121M	1.03%	+210,786	Timeline
NFLXNETFLIX INC.	128,787	$115M	0.98%	0	Timeline
XOMEXXON MOBIL CORP	1,001,782	$108M	0.92%	-36,635	Timeline
CRMSALESFORCE INC	322,000	$108M	0.92%	0	Timeline
COSTCOSTCO WHOLESALE CORPORATION	112,149	$103M	0.88%	0	Timeline
PLDPROLOGIS INC.	960,055	$101M	0.87%	+27,000	Timeline
GOOGLALPHABET INC	483,308	$91.5M	0.78%	0	Timeline
PHPARKER-HANNIFIN CORP	143,186	$91.1M	0.78%	-31,808	Timeline
PGPROCTER & GAMBLE CO	540,928	$90.7M	0.77%	0	Timeline
ETRENTERGY CORP NEW	1,191,800	$90.4M	0.77%	+595,900	Timeline
DDOGDATADOG INC	616,021	$88M	0.75%	0	Timeline
ACNACCENTURE PLC IRELAND	248,402	$87.4M	0.75%	0	Timeline
HONHONEYWELL INTL INC	378,572	$85.5M	0.73%	0	Timeline
WFCWELLS FARGO & CO	1,216,900	$85.5M	0.73%	0	Timeline
TMUST-MOBILE US INC	375,900	$83M	0.71%	+65,243	Timeline
MDYSTATE STR SPDR S&P MIDCAP 40	141,500	$80.6M	0.69%	+33,000	Timeline
XBISPDR SERIES TRUST	877,272	$79M	0.67%	+220,400	Timeline
PANWPALO ALTO NETWORKS INC	423,700	$77.1M	0.66%	+211,850	Timeline
KOCOCA COLA CO	1,234,731	$76.9M	0.66%	-129,867	Timeline
TDGTRANSDIGM GROUP INC	60,529	$76.7M	0.65%	0	Timeline
NINISOURCE INC	2,066,800	$76M	0.65%	0	Timeline
DISDISNEY WALT CO	679,057	$75.6M	0.65%	0	Timeline
LPLALPL FINL HLDGS INC	231,500	$75.6M	0.65%	+63,100	Timeline
LNGCHENIERE ENERGY INC	346,698	$74.5M	0.64%	0	Timeline
MRKMERCK & CO INC	745,324	$74.1M	0.63%	-29,300	Timeline
TJXTJX COS INC NEW	606,000	$73.2M	0.62%	0	Timeline
EQIXEQUINIX INC	77,370	$73M	0.62%	+27,570	Timeline
ETNEATON CORP PLC	213,650	$70.9M	0.61%	-41,555	Timeline
AZOAUTOZONE INC	22,000	$70.4M	0.6%	0	Timeline
INTUINTUIT	110,000	$69.1M	0.59%	0	Timeline
ICEINTERCONTINENTAL EXCHANGE IN	456,100	$68M	0.58%	-26,440	Timeline
BKNGBOOKING HOLDINGS INC	13,600	$67.6M	0.58%	new	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	129,700	$67.5M	0.58%	0	Timeline
AXPAMERICAN EXPRESS CO	224,300	$66.6M	0.57%	0	Timeline
MSMORGAN STANLEY	522,000	$65.6M	0.56%	-137,400	Timeline
AJGGALLAGHER ARTHUR J & CO	223,000	$63.3M	0.54%	0	Timeline
CRWDCROWDSTRIKE HLDGS INC	183,803	$62.9M	0.54%	0	Timeline
HIGHARTFORD INSURANCE GROUP INC	569,000	$62.2M	0.53%	0	Timeline
SLBSLB LIMITED	1,591,235	$61M	0.52%	+41,129	Timeline
MDLZMONDELEZ INTL INC	1,018,700	$60.8M	0.52%	0	Timeline
FITBFIFTH THIRD BANCORP	1,433,900	$60.6M	0.52%	0	Timeline
CMGCHIPOTLE MEXICAN GRILL INC	1,000,000	$60.3M	0.51%	0	Timeline
GLOBGLOBANT S A	277,096	$59.4M	0.51%	0	Timeline
AMPAMERIPRISE FINL INC	108,400	$57.7M	0.49%	0	Timeline
RCLROYAL CARIBBEAN GROUP	250,000	$57.7M	0.49%	0	Timeline
SYKSTRYKER CORPORATION	160,000	$57.6M	0.49%	0	Timeline
LOWLOWES COS INC	231,000	$57M	0.49%	0	Timeline
CDNSCADENCE DESIGN SYSTEM INC	189,000	$56.8M	0.48%	0	Timeline
FCXFREEPORT MCMORAN INC	1,488,802	$56.7M	0.48%	+297,172	Timeline
NXPINXP SEMICONDUCTORS N V	265,600	$55.2M	0.47%	0	Timeline
DHRDANAHER CORP DEL	240,300	$55.2M	0.47%	new	Timeline
VBVANGUARD INDEX FDS	226,425	$54.4M	0.46%	0	Timeline
ALLYALLY FINL INC	1,489,200	$53.6M	0.46%	0	Timeline
BSXBOSTON SCIENTIFIC CORP	596,300	$53.3M	0.45%	-110,900	Timeline
CLCOLGATE PALMOLIVE CO	578,500	$52.6M	0.45%	-74,077	Timeline
VRTVERTIV HOLDINGS CO	458,107	$52M	0.44%	0	Timeline
MELIMERCADOLIBRE INC	30,200	$51.4M	0.44%	+28,075	Timeline
ZTSZOETIS INC	314,000	$51.2M	0.44%	0	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	108,390	$49.1M	0.42%	0	Timeline
VRTXVERTEX PHARMACEUTICALS INC	121,600	$49M	0.42%	+3,600	Timeline
MSIMOTOROLA SOLUTIONS INC	105,000	$48.5M	0.41%	0	Timeline
WMWASTE MGMT INC DEL	239,079	$48.2M	0.41%	0	Timeline
SBACSBA COMMUNICATIONS CORP	235,300	$48M	0.41%	-33,000	Timeline
NEMNEWMONT CORP	1,275,642	$47.5M	0.41%	+74,642	Timeline
ICLRICON PUB LTD CO	225,800	$47.4M	0.4%	+101,700	Timeline
STZCONSTELLATION BRANDS INC	213,300	$47.1M	0.4%	0	Timeline
MCKMCKESSON CORP	82,200	$46.8M	0.4%	-17,200	Timeline
MUMICRON TECHNOLOGY INC	540,594	$45.5M	0.39%	0	Timeline
FMXFOMENTO ECONOMICO MEXICANO S	486,584	$41.6M	0.36%	+15,488	Timeline
WELLWELLTOWER INC	320,000	$40.3M	0.34%	+21,000	Timeline
ODFLOLD DOMINION FREIGHT LINE IN	217,464	$38.4M	0.33%	0	Timeline
WECWEC ENERGY GROUP INC	393,000	$37M	0.32%	0	Timeline
MNSTMONSTER BEVERAGE CORP NEW	697,700	$36.7M	0.31%	0	Timeline
TOLTOLL BROTHERS INC	249,900	$31.5M	0.27%	0	Timeline
DLRDIGITAL RLTY TR INC	174,999	$31M	0.26%	+22,000	Timeline
TAT&T INC	1,304,302	$29.7M	0.25%	+93,802	Timeline
SPGSIMON PPTY GROUP INC NEW	153,579	$26.4M	0.23%	0	Timeline
OREALTY INCOME CORP	488,183	$26.1M	0.22%	+78,000	Timeline
PSAPUBLIC STORAGE	74,611	$22.3M	0.19%	-5,000	Timeline
APPAPPLOVIN CORP	68,760	$22.3M	0.19%	-16,852	Timeline
PMPHILIP MORRIS INTL INC	170,972	$20.6M	0.18%	-2,508	Timeline
VMRKVIVMARK RESIDENTIAL	258,020	$18.5M	0.16%	+50,000	Timeline
AVBAVALONBAY CMNTYS INC	84,000	$18.5M	0.16%	+7,300	Timeline
EXREXTRA SPACE STORAGE INC	118,745	$17.8M	0.15%	+27,000	Timeline
VTRVENTAS INC	257,899	$15.2M	0.13%	+45,500	Timeline
IRMIRON MTN INC DEL	130,500	$13.7M	0.12%	+29,000	Timeline
CCITIGROUP INC	174,780	$12.3M	0.11%	0	Timeline
REGREGENCY CTRS CORP	162,060	$12M	0.1%	+42,000	Timeline
ESSESSEX PPTY TR INC	41,000	$11.7M	0.1%	+21,700	Timeline
ALLALLSTATE CORP	60,392	$11.6M	0.1%	+13,003	Timeline
EXEEXPAND ENERGY CORPORATION	113,352	$11.3M	0.1%	0	Timeline
WTWWILLIS TOWERS WATSON PLC LTD	35,940	$11.3M	0.1%	0	Timeline
CBCHUBB LIMITED	39,604	$10.9M	0.09%	0	Timeline
HSTHOST HOTELS & RESORTS INC	618,000	$10.8M	0.09%	+140,000	Timeline
SESEA LTD	97,580	$10.4M	0.09%	-20,735	Timeline
AMHAMERICAN HOMES 4 RENT	275,565	$10.3M	0.09%	+54,704	Timeline
TTDTHE TRADE DESK INC	86,512	$10.2M	0.09%	0	Timeline
AEPAMERICAN ELEC PWR CO INC	110,234	$10.2M	0.09%	+10,945	Timeline
CITHE CIGNA GROUP	35,432	$9.78M	0.08%	+5,867	Timeline
IBNICICI BK LTD	326,901	$9.76M	0.08%	+50,012	Timeline
MOALTRIA GROUP INC	180,394	$9.43M	0.08%	-1,439	Timeline
SHOPSHOPIFY INC	86,360	$9.18M	0.08%	0	Timeline
SOSOUTHERN CO	109,404	$9.01M	0.08%	-12,027	Timeline
KRKROGER CO	146,250	$8.94M	0.08%	0	Timeline
VVISA INC	27,866	$8.81M	0.08%	-11,920	Timeline
GLPIGAMING & LEISURE P	182,164	$8.77M	0.07%	+4,000	Timeline
MDTMEDTRONIC PLC	107,848	$8.62M	0.07%	0	Timeline
EGEVEREST GROUP LTD	23,748	$8.61M	0.07%	0	Timeline
ELSEQUITY LIFESTYLE PROPERTIES	127,272	$8.48M	0.07%	+2,000	Timeline
EGPEASTGROUP PPTYS INC	51,900	$8.33M	0.07%	+16,000	Timeline
PGRPROGRESSIVE CORP	34,541	$8.28M	0.07%	+18,250	Timeline
BXPBXP INC	107,300	$7.98M	0.07%	+16,000	Timeline
DASHDOORDASH INC	47,529	$7.97M	0.07%	+8,577	Timeline
GPNGLOBAL PMTS INC	71,000	$7.96M	0.07%	0	Timeline
FRTFEDERAL RLTY INVT TR NEW	71,000	$7.95M	0.07%	+12,000	Timeline
DOCHEALTHPEAK PROPERTIES INC	376,712	$7.64M	0.07%	+65,000	Timeline
GMGENERAL MTRS CO	140,280	$7.47M	0.06%	0	Timeline
INVHINVITATION HOMES INC	230,000	$7.35M	0.06%	-53,000	Timeline
STAGSTAG INDUSTRIAL INC	216,000	$7.3M	0.06%	+175,000	Timeline
DALDELTA AIR LINES INC	118,544	$7.17M	0.06%	-18,400	Timeline
MAAMID-AMER APT CMNTYS INC	45,477	$7.03M	0.06%	-20,000	Timeline
BACBANK OF AMER CORP	158,455	$6.96M	0.06%	+17,880	Timeline
CVSCVS HEALTH CORP	154,600	$6.94M	0.06%	+39,060	Timeline
BPBP PLC	233,354	$6.9M	0.06%	-95,824	Timeline
FETFORUM ENERGY TECHNOLOGIES IN	441,787	$6.84M	0.06%	0	Timeline
NEENEXTERA ENERGY INC	93,430	$6.7M	0.06%	-28,057	Timeline
SNOWSNOWFLAKE INC	43,235	$6.68M	0.06%	+32,435	Timeline
CUBECUBESMART	154,500	$6.62M	0.06%	+81,000	Timeline
AEMAGNICO EAGLE MINES LTD	84,041	$6.57M	0.06%	+1,690	Timeline
HDBHDFC BANK LTD	102,820	$6.57M	0.06%	0	Timeline
NOKNOKIA CORP	1,465,726	$6.49M	0.06%	-26,558	Timeline
NVONOVO-NORDISK A S	72,964	$6.28M	0.05%	+6,560	Timeline
AERAERCAP HOLDINGS NV	65,018	$6.22M	0.05%	0	Timeline
BCSBARCLAYS PLC	454,636	$6.04M	0.05%	-170,465	Timeline
AREALEXANDRIA REAL ESTATE EQ IN	61,000	$5.95M	0.05%	-39,000	Timeline
RHPRYMAN HOSPITALITY PPTYS INC	56,912	$5.94M	0.05%	+5,000	Timeline
FRFIRST INDL RLTY TR INC	114,000	$5.71M	0.05%	+9,800	Timeline
NETCLOUDFLARE INC	52,087	$5.61M	0.05%	+6,381	Timeline
SUISUN CMNTYS INC	45,000	$5.53M	0.05%	-3,000	Timeline
KIMKIMCO REALTY CORP	230,000	$5.39M	0.05%	-6,556	Timeline
DGDOLLAR GEN CORP	71,070	$5.39M	0.05%	+27,170	Timeline
ESRTEMPIRE ST RLTY TR INC	512,000	$5.28M	0.05%	+230,000	Timeline
UDRUDR INC	118,000	$5.12M	0.04%	-15,513	Timeline
KRGKITE REALTY GROUP TRUST	202,000	$5.1M	0.04%	+106,000	Timeline
COLDAMERICOLD REALTY TRUST INC	237,868	$5.09M	0.04%	+15,000	Timeline
AXSAXIS CAP HLDGS LTD	56,605	$5.02M	0.04%	0	Timeline
ADCAGREE RLTY CORP	71,000	$5M	0.04%	+45,450	Timeline
FDXFEDEX CORP	17,578	$4.95M	0.04%	+2,100	Timeline
ERICTELEFONAKTIEBOLAGET LM ERICS	600,863	$4.84M	0.04%	0	Timeline
KRCKILROY REALTY CORP	116,500	$4.71M	0.04%	-26,000	Timeline
WPCWP CAREY INC	86,000	$4.68M	0.04%	-35,000	Timeline
PBRPETROLEO BRASILEIRO S A	345,563	$4.44M	0.04%	0	Timeline
FMCFMC CORP	90,210	$4.38M	0.04%	+14,030	Timeline
ISRGINTUITIVE SURGICAL INC	8,346	$4.36M	0.04%	+1,165	Timeline
SKTTANGER INC	127,000	$4.33M	0.04%	+2,000	Timeline
NRGNRG ENERGY INC	47,600	$4.29M	0.04%	0	Timeline
DUOLDUOLINGO INC	12,921	$4.19M	0.04%	0	Timeline
CPTCAMDEN PPTY TR	35,000	$4.06M	0.03%	0	Timeline
XELXCEL ENERGY INC	59,510	$4.02M	0.03%	-9,410	Timeline
CHKPCHECK POINT SOFTWARE TECH LT	21,304	$3.98M	0.03%	-8,096	Timeline
AXONAXON ENTERPRISE INC	6,667	$3.96M	0.03%	new	Timeline
AONAON PLC	10,726	$3.85M	0.03%	0	Timeline
AHRAMERICAN HEALTHCARE REIT INC	135,000	$3.84M	0.03%	new	Timeline
CUZCOUSINS PPTYS INC	125,000	$3.83M	0.03%	+76,000	Timeline
CECELANESE CORP DEL	53,980	$3.74M	0.03%	new	Timeline
BNTXBIONTECH SE	30,388	$3.46M	0.03%	0	Timeline
CAGCONAGRA BRANDS INC	124,530	$3.46M	0.03%	0	Timeline
MGAMAGNA INTL INC	82,470	$3.45M	0.03%	+14,380	Timeline
ONON SEMICONDUCTOR CORP	53,790	$3.39M	0.03%	0	Timeline
HRHEALTHCARE RLTY TR	200,000	$3.39M	0.03%	new	Timeline
EIXEDISON INTL	42,070	$3.36M	0.03%	-22,206	Timeline
RELXRELX PLC	72,828	$3.31M	0.03%	0	Timeline
SHELSHELL PLC	52,710	$3.3M	0.03%	-11,800	Timeline
CMCSACOMCAST CORP NEW	87,610	$3.29M	0.03%	-23,609	Timeline
FEFIRSTENERGY CORP	82,410	$3.28M	0.03%	-13,390	Timeline
WDAYWORKDAY INC	12,637	$3.26M	0.03%	0	Timeline
VZVERIZON COMMUNICATIONS INC	81,427	$3.26M	0.03%	-112,766	Timeline
OHIOMEGA HEALTHCARE INVS INC	85,000	$3.22M	0.03%	0	Timeline
GSKGSK PLC	95,136	$3.22M	0.03%	-72,575	Timeline
NLYANNALY CAPITAL MANAGEMENT IN	174,410	$3.19M	0.03%	0	Timeline
SBRASABRA HEALTH CARE REIT INC	178,630	$3.09M	0.03%	-92,000	Timeline
OKEONEOK INC NEW	30,016	$3.01M	0.03%	new	Timeline
VNTVONTIER CORPORATION	82,610	$3.01M	0.03%	0	Timeline
JNJJOHNSON & JOHNSON	20,638	$2.98M	0.03%	-9,143	Timeline
RBLXROBLOX CORP	51,297	$2.97M	0.03%	0	Timeline
CCKCROWN HLDGS INC	35,568	$2.94M	0.03%	0	Timeline
LBTYALIBERTY GLOBAL LTD	228,334	$2.91M	0.02%	0	Timeline
CSRCENTERSPACE	43,000	$2.84M	0.02%	+16,000	Timeline
AFRMAFFIRM HLDGS INC	46,234	$2.82M	0.02%	0	Timeline
CLSCELESTICA INC	29,800	$2.75M	0.02%	0	Timeline
WSOWATSCO INC	5,718	$2.71M	0.02%	0	Timeline
XHRXENIA HOTELS & RESORTS INC	175,000	$2.6M	0.02%	new	Timeline
NNNNNN REIT INC	63,500	$2.59M	0.02%	-24,894	Timeline
UMHUMH PPTYS INC	136,000	$2.57M	0.02%	new	Timeline
SIRISIRIUSXM HOLDINGS INC	110,910	$2.53M	0.02%	0	Timeline
RPRXROYALTY PHARMA PLC	97,800	$2.5M	0.02%	0	Timeline
SNYSANOFI SA	51,390	$2.48M	0.02%	0	Timeline
COPCONOCOPHILLIPS	23,990	$2.38M	0.02%	-5,650	Timeline
SGSWEETGREEN INC	74,084	$2.38M	0.02%	0	Timeline
BMYBRISTOL-MYERS SQUIBB CO	41,042	$2.32M	0.02%	-15,560	Timeline
REXRREXFORD INDL RLTY INC	60,000	$2.32M	0.02%	-89,000	Timeline
BDNBRANDYWINE RLTY TR	400,000	$2.24M	0.02%	new	Timeline
VTRSVIATRIS INC	173,408	$2.16M	0.02%	0	Timeline
BAPCREDICORP LTD	11,706	$2.15M	0.02%	-10,204	Timeline
CVXCHEVRON CORPORATION	14,610	$2.12M	0.02%	-3,800	Timeline
ENBENBRIDGE INC	49,721	$2.11M	0.02%	0	Timeline
HHHHOWARD HUGHES HOLDINGS INC	27,250	$2.1M	0.02%	0	Timeline
XYZBLOCK INC	24,536	$2.08M	0.02%	0	Timeline
NHINATIONAL HEALTH INVS INC	30,000	$2.08M	0.02%	new	Timeline
TGTTARGET CORP	15,352	$2.08M	0.02%	0	Timeline
ADMARCHER DANIELS MIDLAND CO	40,520	$2.05M	0.02%	0	Timeline
TRGPTARGA RES CORP	11,419	$2.04M	0.02%	new	Timeline
ABEVAMBEV SA	1,082,050	$2M	0.02%	0	Timeline
ALNYALNYLAM PHARMACEUTICALS INC	8,403	$1.98M	0.02%	0	Timeline
CTRECARETRUST REIT INC	71,000	$1.92M	0.02%	-58,000	Timeline
KKRKKR & CO INC	12,879	$1.91M	0.02%	new	Timeline
PFEPFIZER INC	71,662	$1.9M	0.02%	0	Timeline
AURAURORA INNOVATION INC	301,808	$1.9M	0.02%	0	Timeline
KGCKINROSS GOLD CORP	204,644	$1.9M	0.02%	0	Timeline
PODDINSULET CORP	7,250	$1.89M	0.02%	0	Timeline
PINSPINTEREST INC	65,059	$1.89M	0.02%	0	Timeline
DKNGDRAFTKINGS INC NEW	48,970	$1.82M	0.02%	new	Timeline
RDDTREDDIT INC	11,034	$1.8M	0.02%	new	Timeline
ELLAUDER ESTEE COS INC	23,140	$1.74M	0.01%	new	Timeline
INFYINFOSYS LTD	78,699	$1.73M	0.01%	+66,385	Timeline
AEGAEGON LTD	289,691	$1.71M	0.01%	-33,266	Timeline
SNSHARKNINJA INC	17,293	$1.68M	0.01%	+5,284	Timeline
GMABGENMAB A/S	78,950	$1.65M	0.01%	new	Timeline
HOODROBINHOOD MKTS INC	43,181	$1.61M	0.01%	new	Timeline
IOTSAMSARA INC	36,523	$1.6M	0.01%	0	Timeline
MRNAMODERNA INC	38,329	$1.59M	0.01%	0	Timeline
INSPINSPIRE MED SYS INC	8,580	$1.59M	0.01%	0	Timeline
WWAYFAIR INC	35,270	$1.56M	0.01%	+7,813	Timeline
DOCSDOXIMITY INC	29,203	$1.56M	0.01%	0	Timeline
CHWYCHEWY INC	44,832	$1.5M	0.01%	0	Timeline
VNOVORNADO RLTY TR	35,000	$1.47M	0.01%	new	Timeline
SPOTSPOTIFY TECHNOLOGY S A	3,246	$1.45M	0.01%	-9,079	Timeline
ROKUROKU INC	19,452	$1.45M	0.01%	0	Timeline
EMBJEMBRAER S.A.	37,900	$1.39M	0.01%	+3,300	Timeline
DVNDEVON ENERGY CORP NEW	42,000	$1.38M	0.01%	0	Timeline
OGNORGANON & CO	91,480	$1.36M	0.01%	0	Timeline
BARRICK GOLD CORPBARRICK GOLD CORP	86,949	$1.35M	0.01%	+62,302
NKENIKE INC	17,332	$1.31M	0.01%	new	Timeline
SIMOSILICON MOTION TECHNOLOGY CO	23,833	$1.29M	0.01%	0	Timeline
PENPENUMBRA INC	5,273	$1.25M	0.01%	+1,274	Timeline
LINELINEAGE INC	21,077	$1.23M	0.01%	-12,668	Timeline
GHGUARDANT HEALTH INC	37,287	$1.14M	0.01%	0	Timeline
TEMTEMPUS AI INC	29,948	$1.01M	0.01%	0	Timeline
ENSGENSIGN GROUP INC	7,294	$969K	0.01%	0	Timeline
LMNDLEMONADE INC	24,459	$897K	0.01%	0	Timeline
DNLIDENALI THERAPEUTICS INC	43,769	$892K	0.01%	0	Timeline
YETIYETI HLDGS INC	20,412	$786K	0.01%	0	Timeline
WPMWHEATON PRECIOUS METALS CORP	13,870	$780K	0.01%	new	Timeline
ODDODDITY TECH LTD	16,686	$701K	0.01%	0	Timeline
DBDEUTSCHE BK AG	40,261	$686K	0.01%	0	Timeline
TRMDTORM PLC	34,450	$670K	0.01%	0	Timeline
TBBBBBB FOODS INC	23,010	$651K	0.01%	-162,112	Timeline
WNS HLDGS LTD COM SHSWNS HLDGS LTD COM SHS	12,596	$597K	0.01%	0
SPTSPROUT SOCIAL INC	19,035	$585K	<0.01%	0	Timeline
MMYTMAKEMYTRIP LIMITED MAURITIUS	4,908	$551K	<0.01%	new	Timeline
RIVNRIVIAN AUTOMOTIVE INC	41,115	$547K	<0.01%	0	Timeline
TEVATEVA PHARMACEUTICAL INDS LTD	21,180	$467K	<0.01%	0	Timeline
TXTERNIUM SA	15,791	$459K	<0.01%	0	Timeline
VTEXVTEX	52,238	$308K	<0.01%	+6,836	Timeline
CIGCIA ENERGETICA DE MINAS GERA	172,995	$306K	<0.01%	0	Timeline
RXRXRECURSION PHARMACEUTICALS IN	44,679	$302K	<0.01%	0	Timeline
CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL	789	$263K	<0.01%	0
YALAYALLA GROUP LTD	63,751	$259K	<0.01%	0	Timeline
EXPEEXPEDIA GROUP INC	1,371	$255K	<0.01%	-6,810	Timeline
TECKTECK RESOURCES LTD	5,669	$230K	<0.01%	new	Timeline
WIXWIX COM LTD	1,036	$222K	<0.01%	0	Timeline
GRABGRAB HOLDINGS LIMITED	40,353	$190K	<0.01%	new	Timeline
MNDYMONDAY COM LTD	793	$187K	<0.01%	new	Timeline
HIMXHIMAX TECHNOLOGIES INC	22,010	$177K	<0.01%	0	Timeline
GRVYGRAVITY CO LTD	2,803	$177K	<0.01%	0	Timeline
IFSINTERCORP FINL SVCS INC	5,280	$155K	<0.01%	new	Timeline
EAELECTRONIC ARTS INC	1,014	$148K	<0.01%	-6,360	Timeline
OSISKO GOLD ROYALTIES LTDOSISKO GOLD ROYALTIES LTD	7,215	$131K	<0.01%	new
EQNREQUINOR ASA	4,587	$109K	<0.01%	0	Timeline
AGIALAMOS GOLD INC	5,595	$103K	<0.01%	0	Timeline
LOGILOGITECH INTL S A	1,232	$101K	<0.01%	+581	Timeline
TVGRUPO TELEVISA S A B	49,904	$84K	<0.01%	new	Timeline
TAKTAKEDA PHARMACEUTICAL CO LTD	5,630	$75K	<0.01%	0	Timeline
GRTUFGRANITE REAL ESTATE INVESTME	1,549	$75K	<0.01%	new	Timeline
CCUCOMPANIA CERVECERIAS UNIDAS	5,694	$65K	<0.01%	0	Timeline
NVMINOVA LTD	288	$57K	<0.01%	0	Timeline
DNAGINKGO BIOWORKS HOLDINGS INC	5,432	$53K	<0.01%	0	Timeline
SANASANA BIOTECHNOLOGY INC	29,456	$48K	<0.01%	0	Timeline
ZIMZIM INTEGRATED SHIPPING SERV	2,106	$45K	<0.01%	new	Timeline
GIBCGI INC	375	$41K	<0.01%	-2,487	Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
VGITVANGUARD SCOTTSDALE FDS SHS	principal	21,485,000	$1.25B	0
HYLBDBX ETF TR XTRACK USD HIGH	principal	12,732,000	$459M	0
VNQVANGUARD INDEX FDS SHS	principal	153,404	$13.7M	+56,800
BAPRABOEING CO DEP CONV PFD A	principal	100,000	$6.15M	new
CONMED CORPCONMED CORP NOTE 2.250% 6/1	principal	6,000,000	$5.57M	new
ANYWHERE REAL ESTATE GROUP LANYWHERE REAL ESTATE GROUP L CNV	principal	2,000,000	$1.78M	0

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
VICIVICI PPTYS INC	2,302,200	$76.7M	shares
AMEAMETEK INC	389,820	$66.9M	shares
ELVELEVANCE HEALTH INC FORMERLY	126,100	$65.6M	shares
HUMHUMANA INC	165,700	$52.5M	shares
HHYATT HOTELS CORP	289,000	$44M	shares
TSCOTRACTOR SUPPLY CO	141,000	$41M	shares
CRLCHARLES RIV LABS INTL INC	200,400	$39.5M	shares
BMRNBIOMARIN PHARMACEUTICAL INC	491,100	$34.5M	shares
FORUM ENERGY TECHNOLOGIES INFORUM ENERGY TECHNOLOGIES IN	6,585,505	$6.45M	principal
PECOPHILLIPS EDISON & CO INC	170,000	$6.41M	shares
NUNU HLDGS LTD	401,329	$5.48M	shares
TSNTYSON FOODS INC	72,170	$4.3M	shares
CMECME GROUP INC	18,628	$4.11M	shares
EXCEXELON CORP	100,254	$4.07M	shares
XRAYDENTSPLY SIRONA INC	127,259	$3.44M	shares
CBOECBOE GLOBAL MKTS INC	16,321	$3.34M	shares
KBKB FINL GROUP INC	53,716	$3.32M	shares
DUKDUKE ENERGY CORP NEW	27,899	$3.22M	shares
APLEAPPLE HOSPITALITY REIT INC	197,000	$2.92M	shares
BAXBAXTER INTL INC	74,015	$2.81M	shares
GTLSCHART INDS INC	22,080	$2.74M	shares
NVSNOVARTIS AG	22,943	$2.64M	shares
CNQCANADIAN NAT RES LTD MED TER	78,520	$2.61M	shares
DDOMINION ENERGY INC	44,216	$2.56M	shares
JAZZJAZZ PHARMACEUTICALS PLC	22,780	$2.54M	shares
EASTERLY GOVERNMENT PROPERT…EASTERLY GOVERNMENT PROPERTIES	179,000	$2.43M	shares
CDPCOPT DEFENSE PROPERTIES	80,000	$2.43M	shares
CSGPCOSTAR GROUP INC	30,072	$2.27M	shares
KVUEKENVUE INC	83,041	$1.92M	shares
IVTINVENTRUST PPTYS CORP	65,000	$1.84M	shares
EPRTESSENTIAL PPTYS RLTY TR INC	45,000	$1.54M	shares
SAPSAP SE	5,516	$1.26M	shares
HRBBLOCK H & R INC	17,406	$1.11M	shares
CAMTCAMTEK LTD	13,562	$1.08M	shares
MACMACERICH CO	53,000	$967K	shares
CNICANADIAN NATL RY CO	7,552	$885K	shares
EGOELDORADO GOLD CORP NEW	43,867	$762K	shares
SHGSHINHAN FINANCIAL GROUP CO L	15,505	$657K	shares
SUSUNCOR ENERGY INC NEW	17,763	$656K	shares
BCEBCE INC	17,943	$624K	shares
COURCOURSERA INC	76,724	$609K	shares
NICENICE LTD	2,804	$487K	shares
KTKT CORP	31,468	$484K	shares
BANCOLOMBIA S ABANCOLOMBIA S A	13,400	$420K	shares
TRITHOMSON REUTERS CORP	2,218	$378K	shares
CVECENOVUS ENERGY INC	19,232	$322K	shares
MTARCELORMITTAL SA LUXEMBOURG	7,633	$200K	shares
HGHAMILTON INSURANCE GROUP LTD	6,574	$127K	shares
NMRNOMURA HLDGS INC	22,826	$119K	shares
PAGSPAGSEGURO DIGITAL LTD	13,280	$114K	shares
UNITS-GRANITE REIT-STAPLUNITS-GRANITE REIT-STAPL	1,549	$95K	shares
TSEMTOWER SEMICONDUCTOR LTD	1,458	$65K	shares
CXCEMEX SAB DE CV	8,398	$51K	shares
BWMXBETTERWARE DE MEXC S A P I D	2,500	$32K	shares
GPRKGEOPARK LTD	3,116	$25K	shares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001398739-25-000004	superseded		2025-02-13	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC
13F-HR/A 0001398739-25-000006	base	restatement	2025-02-28	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC