Employees Retirement System of Texas
Follow13F filer, CIK 1398739, AUSTIN, TX
Employees Retirement System of Texas reported $12,517,228,000 across 507 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-13. Its ten largest share positions make up 44.43% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001398739-25-000022
- Period
- 2025-09-30
- Reported value
- $12.5B
- Holdings
- 507
- Top 10 weight
- 44.43%
- New
- 81
- Sold out
- 97
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| XLInew | +631,000 | $97.3M |
| MDTadded | +818,000 | $77.9M |
| HUBSadded | +140,822 | $65.9M |
| GEHCnew | +695,000 | $52.2M |
| XLYnew | +196,000 | $47M |
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 |
|---|---|---|
| BKNGreduced | -15,400 | -$83.2M |
| PGreduced | -533,626 | -$82M |
| PLDreduced | -635,942 | -$72.8M |
| MUexited | -504,144 | -$62.1M |
| DDOGreduced | -381,763 | -$54.4M |
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, Q3 2025
Share positions as resolved from 13F-HR 0001398739-25-000022, largest first. % of portfolio is the value over $12,517,228,000, the sum of the share positions whose value is usable for ratios (method).
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 | 23,875,000 | $1.43B | 0 |
| HYLBDBX ETF TR XTRACK USD HIGH | principal | 12,732,000 | $472M | 0 |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 6,000,000 | $5.72M | 0 |
| ANYWHERE REAL ESTATE GROUP LANYWHERE REAL ESTATE GROUP L CNV | principal | 2,000,000 | $1.99M | 0 |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| MUMICRON TECHNOLOGY INC | 504,144 | $62.1M | shares |
| WELLWELLTOWER INC | 305,591 | $47M | shares |
| OREALTY INCOME CORP | 446,183 | $25.7M | shares |
| BRBRBELLRING BRANDS INC | 440,410 | $25.5M | shares |
| SPGSIMON PPTY GROUP INC NEW | 154,442 | $24.8M | shares |
| DLRDIGITAL RLTY TR INC | 141,999 | $24.8M | shares |
| EXREXTRA SPACE STORAGE INC | 106,507 | $15.7M | shares |
| AVBAVALONBAY CMNTYS INC | 72,242 | $14.7M | shares |
| VMRKVIVMARK RESIDENTIAL | 196,606 | $13.3M | shares |
| IRMIRON MTN INC DEL | 117,324 | $12M | shares |
| IBMINTERNATIONAL BUSINESS MACHS | 33,136 | $9.77M | shares |
| ESSESSEX PPTY TR INC | 33,155 | $9.4M | shares |
| MAAMID-AMER APT CMNTYS INC | 59,254 | $8.77M | shares |
| GLPIGAMING & LEISURE P | 177,564 | $8.29M | shares |
| INVHINVITATION HOMES INC | 246,945 | $8.1M | shares |
| WPCWP CAREY INC | 126,000 | $7.86M | shares |
| BXPBXP INC | 112,300 | $7.58M | shares |
| KIMKIMCO REALTY CORP | 356,607 | $7.5M | shares |
| REGREGENCY CTRS CORP | 99,316 | $7.07M | shares |
| DOCHEALTHPEAK PROPERTIES INC | 396,633 | $6.95M | shares |
| NNNNNN REIT INC | 141,484 | $6.11M | shares |
| SUISUN CMNTYS INC | 45,534 | $5.76M | shares |
| EGPEASTGROUP PPTYS INC | 32,900 | $5.5M | shares |
| RHPRYMAN HOSPITALITY PPTYS INC | 53,939 | $5.32M | shares |
| CRWDCROWDSTRIKE HLDGS INC | 10,383 | $5.29M | shares |
| REXRREXFORD INDL RLTY INC | 142,581 | $5.07M | shares |
| AHRAMERICAN HEALTHCARE REIT INC | 135,580 | $4.98M | shares |
| FRTFEDERAL RLTY INVT TR NEW | 51,437 | $4.89M | shares |
| UDRUDR INC | 117,094 | $4.78M | shares |
| CTRECARETRUST REIT INC | 151,911 | $4.65M | shares |
| CUZCOUSINS PPTYS INC | 143,000 | $4.29M | shares |
| STAGSTAG INDUSTRIAL INC | 117,114 | $4.25M | shares |
| TRNOTERRENO RLTY CORP | 66,455 | $3.73M | shares |
| SLGSL GREEN RLTY CORP | 57,000 | $3.53M | shares |
| OHIOMEGA HEALTHCARE INVS INC | 94,063 | $3.45M | shares |
| CURBCURBLINE PPTYS CORP | 147,383 | $3.37M | shares |
| CDPCOPT DEFENSE PROPERTIES | 122,000 | $3.37M | shares |
| COLDAMERICOLD REALTY TRUST INC | 192,868 | $3.21M | shares |
| NTSTNETSTREIT CORP | 179,173 | $3.03M | shares |
| AEVAAEVA TECHNOLOGIES INC | 75,648 | $2.86M | shares |
| BNLBROADSTONE NET LEASE INC | 175,000 | $2.81M | shares |
| ADCAGREE RLTY CORP | 38,368 | $2.8M | shares |
| WATWATERS CORP | 7,750 | $2.71M | shares |
| SKTTANGER INC | 88,034 | $2.69M | shares |
| MOSMOSAIC CO | 67,430 | $2.46M | shares |
| BNTXBIONTECH SE | 15,826 | $1.69M | shares |
| VNOVORNADO RLTY TR | 37,000 | $1.42M | shares |
| COFCAPITAL ONE FINL CORP | 5,142 | $1.09M | shares |
| SWKSSKYWORKS SOLUTIONS INC | 13,785 | $1.03M | shares |
| APPSDIGITAL TURBINE INC | 100,645 | $594K | shares |
| BRK-BBERKSHIRE HATHAWAY INC DEL | 1,016 | $494K | shares |
| ROPROPER TECHNOLOGIES INC | 810 | $459K | shares |
| GDGENERAL DYNAMICS CORP | 1,568 | $457K | shares |
| CNQCANADIAN NAT RES LTD MED TER | 14,045 | $441K | shares |
| VRSKVERISK ANALYTICS INC | 1,150 | $358K | shares |
| UVVUNIVERSAL CORP VA MTNS BK EN | 5,649 | $329K | shares |
| MMM3M CO | 2,128 | $324K | shares |
| DHID R HORTON INC | 2,369 | $305K | shares |
| VTEXVTEX | 45,184 | $298K | shares |
| UEURBAN EDGE PPTYS | 12,870 | $240K | shares |
| LULULULULEMON ATHLETICA INC | 908 | $216K | shares |
| DDOMINION ENERGY INC | 3,829 | $216K | shares |
| NTRSNORTHERN TR CORP | 1,605 | $203K | shares |
| CBOECBOE GLOBAL MKTS INC | 852 | $199K | shares |
| CBRECBRE GROUP INC | 1,390 | $195K | shares |
| KDPKEURIG DR PEPPER INC | 5,598 | $185K | shares |
| SYFSYNCHRONY FINANCIAL | 2,753 | $184K | shares |
| BIIBBIOGEN INC | 1,467 | $184K | shares |
| ESEVERSOURCE ENERGY | 2,788 | $177K | shares |
| GGBGERDAU SA | 59,991 | $175K | shares |
| WINGWINGSTOP INC | 484 | $163K | shares |
| LDOSLEIDOS HOLDINGS INC | 1,011 | $159K | shares |
| QRVOQORVO INC | 1,708 | $145K | shares |
| AMBPARDAGH METAL PACKAGING S A | 33,548 | $144K | shares |
| CHRWC H ROBINSON WORLDWIDE IN | 1,490 | $143K | shares |
| DTDYNATRACE INC | 2,465 | $136K | shares |
| TWTRADEWEB MKTS INC | 914 | $134K | shares |
| YUMYUM BRANDS INC | 904 | $134K | shares |
| LNTALLIANT ENERGY CORP | 2,108 | $127K | shares |
| BJBJS WHSL CLUB HLDGS INC | 1,083 | $117K | shares |
| BAHBOOZ ALLEN HAMILTON HLDG COR | 1,047 | $109K | shares |
| CAECAE INC | 2,726 | $80K | shares |
| CRBGCOREBRIDGE FINL INC | 2,085 | $74K | shares |
| KMPRKEMPER CORP | 1,148 | $74K | shares |
| MTZMASTEC INC | 434 | $74K | shares |
| OGEOGE ENERGY CORP | 1,654 | $73K | shares |
| WNS HLDGS LTD COM SHSWNS HLDGS LTD COM SHS | 1,093 | $69K | shares |
| BMRNBIOMARIN PHARMACEUTICAL INC | 1,056 | $58K | shares |
| KNXKNIGHT-SWIFT TRANSN HLDGS IN | 1,321 | $58K | shares |
| BMIBADGER METER INC | 219 | $54K | shares |
| CROXCROCS INC | 481 | $49K | shares |
| CMACOMERICA INC | 801 | $48K | shares |
| TFIITFI INTERNATIONAL INC | 540 | $48K | shares |
| RBRKRUBRIK INC. | 473 | $42K | shares |
| ELMEELME COMMUNITIES | 2,400 | $38K | shares |
| FFORD MTR CO | 3,281 | $36K | shares |
| VOYAVOYA FINANCIAL INC | 200 | $14K | shares |
How Q3 2025 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 0001398739-25-000022 | base | 2025-11-13 | acceptance time not in the bulk data set |