Teacher Retirement System of Texas

Texas pension · Pensions & SWFs · $24.0B reported 13(f) long value · filed as TEACHER RETIREMENT SYSTEM OF TEXAS · latest quarter 2026-03-31 · CIK 796848 · EDGAR ↗

sum of disclosed values for 2026-03-31; 0 positions carry a NULL value and are excluded from the sum, surfaced here rather than folded away: $24.0B
ALL retained default holdings for this (filer, period), including NULL-value ones: 1,478
positions with no comparable holding in the prior quarter (kind new), 2026-03-31: 162
positions absent from this quarter's filing after being held last quarter (kind exit), 2026-03-31 — inferred from absence, not a sale record: 303

A quarter-end snapshot. Filed up to 45 days later, so this page is not current holdings and never a complete portfolio. what a 13F is — and is not ↓ methodology §13F ↗

Position changes — into 2026-03-31

by shares · Δ value · filing link · how changes are classified §

Position changes into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	reported unit changed across the pair (SH↔PRN); the share delta is withheld rather than fabricated `shares_unit_mismatch`	Prev value	Curr value	Prev shares	Curr shares
position key `pos:15642` · issuer key `iss:1334` COM	ADD	−$85.0M	+43,680	$1.4B	$1.3B	7,657,821	7,701,501
position key `pos:13215` · issuer key `iss:144` COM	TRIM	−$90.7M	−24,035	$1.3B	$1.2B	4,682,646	4,658,611
position key `pos:11825` · issuer key `iss:1225` COM	ADD	−$244M	+20,203	$1.1B	$827M	2,214,496	2,234,699
position key `pos:14175` · issuer key `iss:95` COM	ADD	−$61.9M	+14,300	$664M	$602M	2,877,676	2,891,976
position key `pos:15142` · issuer key `iss:89` CAP STK CL A	ADD	−$40.1M	+27,464	$591M	$551M	1,887,621	1,915,085
position key `sid:sec:prov:127f0021d8310eeeecdea8298c5f12e5` · issuer key `cusip6:922908` S&P 500 ETF SHS	TRIM	−$3.6B	−5,768,943	$4.1B	$506M	6,615,774	846,831
position key `pos:12827` · issuer key `iss:323` COM	TRIM	−$65.6M	−38,459	$508M	$443M	1,468,214	1,429,755
position key `pos:17821` · issuer key `iss:89` CAP STK CL C	ADD	−$37.0M	+10,532	$467M	$430M	1,486,956	1,497,488
position key `pos:11390` · issuer key `iss:720` CL A	TRIM	−$66.4M	−8,665	$461M	$395M	698,940	690,275
position key `pos:10357` · issuer key `iss:1786` COM	ADD	−$55.0M	+13,750	$347M	$292M	771,205	784,955
position key `pos:15863` · issuer key `iss:1123` COM	ADD	−$22.3M	+21,045	$289M	$267M	268,894	289,939
position key `pos:12365` · issuer key `iss:1016` MSCI EMRG CHN	TRIM	−$3.9M	−301,250	$240M	$236M	3,305,644	3,004,394
position key `pos:14552` · issuer key `iss:711` COM	TRIM	+$61.6M	−29,996	$163M	$224M	1,352,839	1,322,843
position key `pos:18039` · issuer key `iss:1025` COM	TRIM	−$75.6M	−171,239	$290M	$215M	900,668	729,429
position key `pos:13599` · issuer key `iss:1035` COM	TRIM	+$30.6M	−1,123	$171M	$201M	824,669	823,546
position key `pos:11205` · issuer key `iss:255` CL B NEW	TRIM	−$14.4M	−9,544	$211M	$197M	419,892	410,348
position key `pos:12848` · issuer key `iss:1921` COM CL A	ADD	−$3.9M	+66,175	$173M	$169M	492,579	558,754
position key `pos:14206` · issuer key `iss:1193` CL A	ADD	−$21.8M	+3,408	$188M	$167M	329,822	333,230
position key `pos:15433` · issuer key `iss:1290` COM	ADD	+$24.4M	+217,326	$138M	$163M	1,473,196	1,690,522
position key `pos:13490` · issuer key `iss:1939` COM	TRIM	−$15.8M	−281,193	$166M	$150M	1,488,076	1,206,883
position key `pos:17386` · issuer key `iss:806` COM	ADD	+$51.8M	+24,091	$91.7M	$143M	140,291	164,382
position key `pos:12030` · issuer key `iss:525` COM	ADD	+$20.6M	+1,741	$121M	$142M	140,429	142,170
position key `pos:12445` · issuer key `iss:1405` CL A	ADD	−$11.0M	+107,077	$151M	$140M	847,177	954,254
position key `pos:14992` · issuer key `iss:1485` COM	TRIM	−$1.9M	−20,890	$140M	$138M	975,151	954,261
position key `pos:10493` · issuer key `iss:471` COM	TRIM	+$6.4M	−60,630	$126M	$132M	1,796,760	1,736,130
position key `pos:13432` · issuer key `iss:411` COM	ADD	+$29.0M	+8,211	$97.7M	$127M	170,618	178,829
position key `pos:12492` · issuer key `iss:810` COM NEW	TRIM	−$22.1M	−38,452	$142M	$120M	460,211	421,759
position key `pos:15221` · issuer key `iss:1228` COM	ADD	+$38.4M	+70,078	$80.3M	$119M	281,210	351,288
position key `pos:10455` · issuer key `iss:1091` COM NEW	TRIM	+$9.4M	−81,175	$108M	$117M	628,708	547,533
position key `pos:11688` · issuer key `iss:1955` COM	ADD	+$2.2M	+233,794	$113M	$115M	1,208,781	1,442,575
position key `pos:13234` · issuer key `iss:230` COM	TRIM	−$29.1M	−263,371	$143M	$114M	2,604,848	2,341,477
position key `pos:10715` · issuer key `iss:916` COM	TRIM	−$7.7M	−8,041	$114M	$106M	330,516	322,475
position key `pos:14157` · issuer key `iss:149` COM	ADD	+$52.9M	+104,280	$52.2M	$105M	203,024	307,304
position key `pos:11944` · issuer key `iss:454` COM	ADD	+$1.0M	+3,190	$104M	$105M	1,346,340	1,349,530
position key `pos:15168` · issuer key `iss:456` COM NEW	ADD	+$29.1M	+274,954	$72.6M	$102M	622,054	897,008
position key `pos:15590` · issuer key `iss:743` COM	TRIM	+$19.7M	−185,852	$81.9M	$102M	4,918,000	4,732,148
position key `pos:13833` · issuer key `iss:1435` COM	ADD	+$30.8M	+160,910	$70.7M	$102M	492,852	653,762
position key `pos:15499` · issuer key `iss:23` COM	TRIM	−$35.5M	−133,332	$135M	$99.3M	589,752	456,420
position key `pos:12681` · issuer key `iss:2154` SHS	ADD	+$17.7M	+9,047	$81.2M	$98.9M	190,490	199,537
position key `pos:17201` · issuer key `iss:1208` COM	ADD	+$34.0M	+35,353	$62.8M	$96.9M	76,590	111,943
position key `pos:10136` · issuer key `iss:990` COM	ADD	+$4.1M	+86,091	$92.5M	$96.6M	312,259	398,350
position key `pos:18143` · issuer key `iss:982` COM	TRIM	+$857K	−401,952	$94.9M	$95.8M	2,571,913	2,169,961
position key `pos:16096` · issuer key `iss:1206` COM	ADD	+$20.0M	+60,309	$74.6M	$94.6M	243,923	304,232
position key `pos:11717` · issuer key `iss:440` COM	TRIM	+$16.5M	−53,390	$77.1M	$93.6M	505,706	452,316
position key `pos:17899` · issuer key `iss:1745` COM	TRIM	+$1.8M	−11,059	$90.4M	$92.3M	588,711	577,652
position key `pos:11676` · issuer key `iss:679` SH BEN INT	ADD	+$28.8M	+552,312	$62.9M	$91.7M	998,401	1,550,713
position key `pos:10935` · issuer key `iss:1902` COM	TRIM	+$364K	−407,269	$89.5M	$89.9M	2,197,366	1,790,097
position key `pos:10931` · issuer key `iss:198` COM	ADD	+$25.3M	+193,067	$63.1M	$88.4M	348,068	541,135
position key `pos:15653` · issuer key `iss:2079` COM	ADD	+$24.3M	+37,786	$63.2M	$87.5M	220,189	257,975
position key `pos:10534` · issuer key `iss:1213` COM	ADD	+$1.6M	+7,936	$85.8M	$87.4M	42,611	50,547
position key `pos:14060` · issuer key `iss:47` COM	TRIM	−$10.7M	−28,828	$96.2M	$85.5M	449,160	420,332
position key `pos:15198` · issuer key `iss:1445` COM	TRIM	−$3.2M	−35,773	$87.9M	$84.7M	547,877	512,104
position key `pos:16441` · issuer key `iss:16` COM	ADD	+$19.5M	+310,327	$62.9M	$82.4M	2,533,174	2,843,501
position key `pos:17751` · issuer key `iss:1214` COM	TRIM	−$2.5M	−118,090	$81.9M	$79.4M	777,967	659,877
position key `pos:18187` · issuer key `iss:1040` COM NEW	TRIM	+$13.5M	−220	$65.4M	$79.0M	53,840	53,620
position key `pos:15626` · issuer key `iss:1529` COM	ADD	+$4.3M	+2,103	$74.5M	$78.8M	406,273	408,376
position key `pos:12725` · issuer key `iss:1615` COM	ADD	−$1.6M	+115,724	$78.7M	$77.0M	296,956	412,680
position key `pos:15560` · issuer key `iss:1973` COM	TRIM	+$8.1M	−83,403	$67.4M	$75.5M	1,120,775	1,037,372
position key `pos:15578` · issuer key `iss:2205` ORD SHS	ADD	+$37.1M	+54,394	$37.4M	$74.5M	135,737	190,131
position key `pos:10854` · issuer key `iss:300` COM	TRIM	−$19.7M	−9	$92.1M	$72.4M	17,196	17,187
position key `pos:11577` · issuer key `iss:167` COM SHS	TRIM	−$10.3M	−41,496	$82.2M	$71.9M	627,143	585,647
position key `pos:16072` · issuer key `iss:1370` COM	ADD	−$16.4M	+35,820	$88.2M	$71.8M	452,401	488,221
position key `pos:11849` · issuer key `iss:104` COM	ADD	+$2.1M	+48,673	$69.3M	$71.4M	187,295	235,968
position key `pos:16841` · issuer key `iss:1791` COM	ADD	+$19.3M	+67,519	$52.0M	$71.3M	299,652	367,171
position key `pos:15598` · issuer key `iss:1962` COM	TRIM	+$6.7M	−108,776	$63.3M	$69.9M	367,340	258,564
position key `pos:15151` · issuer key `iss:99` SPON ADS RP CL B	ADD	+$33.7M	+1,010,000	$34.3M	$68.0M	1,660,300	2,670,300
position key `pos:13683` · issuer key `iss:1648` COM	ADD	+$18.6M	+326,265	$48.9M	$67.5M	319,025	645,290
position key `pos:15125` · issuer key `iss:1798` COM	ADD	+$11.9M	+41,002	$54.3M	$66.3M	93,783	134,785
position key `pos:15235` · issuer key `iss:125` CL A	TRIM	−$21.7M	−126,875	$87.6M	$65.8M	647,891	521,016
position key `pos:16115` · issuer key `iss:1869` COM	TRIM	−$18.7M	−13,006	$84.4M	$65.7M	255,768	242,762
position key `pos:16805` · issuer key `iss:997` COM NEW	TRIM	−$16.2M	−2,126	$81.8M	$65.6M	144,494	142,368
position key `pos:11609` · issuer key `iss:1447` COM	ADD	+$53.7M	+268,006	$11.7M	$65.4M	90,826	358,832
position key `pos:17290` · issuer key `iss:39` COM	ADD	−$11.6M	+46,971	$75.5M	$63.8M	215,611	262,582
position key `pos:13832` · issuer key `iss:996` COM	ADD	−$26.2M	+11,170	$89.5M	$63.2M	135,100	146,270
position key `pos:17281` · issuer key `iss:809` COM	TRIM	−$629K	−5,318	$61.4M	$60.8M	182,327	177,009
position key `pos:14525` · issuer key `iss:2030` COM SHS	TRIM	−$3.1M	−124,000	$63.4M	$60.3M	742,930	618,930
position key `pos:15008` · issuer key `iss:318` COM	TRIM	−$2.0M	−161,180	$62.2M	$60.2M	1,153,556	992,376
position key `pos:10663` · issuer key `iss:1575` COM	TRIM	+$3.7M	−35,409	$56.4M	$60.1M	312,974	277,565
position key `pos:12696` · issuer key `iss:1845` COM	ADD	+$14.8M	+281,071	$45.3M	$60.1M	554,154	835,225
position key `pos:17429` · issuer key `iss:2052` SHS CLASS A	ADD	−$15.8M	+20,249	$75.8M	$60.0M	282,340	302,589
position key `pos:14039` · issuer key `iss:112` COM	ADD	+$13.2M	+81,321	$46.7M	$59.9M	266,005	347,326
position key `pos:15851` · issuer key `iss:1426` COM	TRIM	−$24.2M	−4,065	$83.6M	$59.4M	1,400,086	1,396,021
position key `pos:16532` · issuer key `iss:812` COM	ADD	−$5.0M	+4,614	$64.3M	$59.2M	790,249	794,863
position key `pos:16599` · issuer key `iss:689` COM	ADD	+$17.9M	+86,964	$41.2M	$59.1M	157,438	244,402
position key `pos:14787` · issuer key `iss:1180` COM	ADD	+$23.3M	+23,145	$35.1M	$58.4M	215,993	239,138
position key `pos:14354` · issuer key `iss:2031` SHS CL A	ADD	+$18.8M	+68,612	$39.6M	$58.4M	112,281	180,893
position key `pos:14307` · issuer key `iss:127` COM	ADD	+$15.3M	+24,773	$42.7M	$57.9M	157,317	182,090
position key `pos:17195` · issuer key `iss:1900` COM SHS	ADD	−$3.3M	+39,170	$59.3M	$56.0M	593,907	633,077
position key `pos:10586` · issuer key `iss:1908` COM	ADD	+$5.2M	+13,307	$50.3M	$55.5M	111,010	124,317
position key `pos:11066` · issuer key `iss:15` COM STK	TRIM	−$31.0M	−891,043	$86.0M	$55.0M	2,248,783	1,357,740
position key `pos:15015` · issuer key `iss:92` COM	TRIM	−$12.8M	−341,309	$67.4M	$54.6M	1,169,116	827,807
position key `pos:14773` · issuer key `iss:2228` ORD SHS	ADD	+$2.8M	+33,625	$51.6M	$54.4M	226,710	260,335
position key `pos:12698` · issuer key `iss:1230` COM	ADD	+$14.5M	+158,064	$39.8M	$54.3M	286,189	444,253
position key `pos:12577` · issuer key `iss:1126` COM	ADD	+$50.2M	+200,818	$3.8M	$53.9M	15,687	216,505
position key `pos:11182` · issuer key `iss:347` COM	ADD	+$52.6M	+186,510	$1.2M	$53.7M	4,595	191,105
position key `pos:13933` · issuer key `iss:1307` COM	TRIM	−$10.6M	−147,471	$63.9M	$53.3M	639,966	492,495
position key `pos:10330` · issuer key `iss:1250` COM	TRIM	−$4.3M	−16,079	$56.3M	$52.1M	734,799	718,720
position key `pos:18104` · issuer key `iss:233` COM	ADD	+$13.4M	+105,884	$38.3M	$51.7M	329,861	435,745
position key `pos:11633` · issuer key `iss:673` COM	ADD	+$36.1M	+32,675	$14.7M	$50.9M	19,221	51,896
position key `pos:11239` · issuer key `iss:764` COM	ADD	+$28.7M	+343,733	$21.1M	$49.8M	265,311	609,044

Flags: no row carries a flag.

1–20 of the 100 changes on this page

Mark-to-market only (no share change) · 8

Positions whose share count is identical in both quarters; the value changed with price, not with a decision.

Positions held with no share change into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	Prev value	Curr value	Prev shares	Curr shares
position key `pos:10307` · issuer key `iss:1012` CORE S&P500 ETF	NO CHANGE	−$20.1M	$433M	$413M	632,560	632,560
position key `pos:17231` · issuer key `cusip6:922908` SMALL CP ETF	NO CHANGE	+$2.3M	$146M	$149M	567,165	567,165
position key `pos:14033` · issuer key `iss:1012` CORE S&P SCP ETF	NO CHANGE	+$4.9M	$143M	$147M	1,185,799	1,185,799
position key `pos:13773` · issuer key `iss:2043` CL A COM	NO CHANGE	+$2.2M	$36.7M	$38.9M	1,100,495	1,100,495
position key `pos:17467` · issuer key `iss:1751` SPONSORED ADS	NO CHANGE	+$3.2M	$28.3M	$31.5M	93,243	93,243
position key `sid:sec:prov:61f6f9b4e811337cddee117c151c1302` · issuer key `cusip6:293389` COM	NO CHANGE	+$747K	$3.9M	$4.7M	219,013	219,013
position key `pos:11915` · issuer key `iss:129` CL A	NO CHANGE	+$210K	$4.3M	$4.5M	165,000	165,000
position key `pos:12982` · issuer key `cusip6:14808P` COM	NO CHANGE	+$215K	$3.6M	$3.8M	85,833	85,833

Flags: no row carries a flag.

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Truncated by Public Filings. Changes compare every position with a security identifier, new and exited included; holdings without one are counted, not compared. methodology §13F ↗

Reported positions — 2026-03-31

1–100 of 1,475 issuers · $24.0B disclosed value over 1,478 rows · 0 undisclosed-value rows

View

This build carries one quarter for this manager: 2026-03-31. Notable managers carry four published quarters, others two.

This list carries reported issuer names and security identities, without a dated ticker mapping. Symbols are not inferred from names.

a position composed from a base filing plus NEW-HOLDINGS amendments keeps every source row here; the composition's latest filed date is the one shown served from this build's published holdings (derived from the filer's own reported rows); every row resolves to its filing

Share of total reported value, calculated only when the full position list has disclosed values. This is 13F long value, not total assets.

value undisclosed on the filing: retained and counted, excluded from sums, never shown as $0

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

NVIDIA CORPORATION · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$1.3B

7,701,501

5.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

APPLE INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$1.2B

4,658,611

4.9%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ALPHABET INC

2 positions · 2 reported rows

Rows TEACHER RETIREMENT SYSTEM OF TEXAS reported for ALPHABET INC, as it reported them
ALPHABET INC · CAP STK CL A CUSIP — src ↗	$551M	1,915,085
ALPHABET INC · CAP STK CL C CUSIP — src ↗	$430M	1,497,488

$980M

3,412,573

4.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MICROSOFT CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$827M

2,234,699

3.4%

—

VANGUARD INDEX FDS

2 positions · 2 reported rows

Rows TEACHER RETIREMENT SYSTEM OF TEXAS reported for VANGUARD INDEX FDS, as it reported them
VANGUARD INDEX FDS · S&P 500 ETF SHS CUSIP 922908363 src ↗	$506M	846,831
VANGUARD INDEX FDS · SMALL CP ETF CUSIP — src ↗	$149M	567,165

ticker not yet mapped

$655M

1,413,996

2.7%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AMAZON COM INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$602M

2,891,976

2.5%

—

ISHARES TR

2 positions · 2 reported rows

Rows TEACHER RETIREMENT SYSTEM OF TEXAS reported for ISHARES TR, as it reported them
ISHARES TR · CORE S&P500 ETF CUSIP — src ↗	$413M	632,560
ISHARES TR · CORE S&P SCP ETF CUSIP — src ↗	$147M	1,185,799

ticker not yet mapped

$561M

1,818,359

2.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BROADCOM INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$443M

1,429,755

1.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

META PLATFORMS INC · CL A CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$395M

690,275

1.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TESLA INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$292M

784,955

1.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ELI LILLY & CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$267M

289,939

1.1%

—

ISHARES INC · MSCI EMRG CHN CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

ticker not yet mapped

$236M

3,004,394

1.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

EXXON MOBIL CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$224M

1,322,843

0.9%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

JPMORGAN CHASE & CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$215M

729,429

0.9%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

JOHNSON & JOHNSON · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$201M

823,546

0.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BERKSHIRE HATHAWAY INC DEL · CL B NEW CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$197M

410,348

0.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

VISA INC · COM CL A CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$169M

558,754

0.7%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MASTERCARD INCORPORATED · CL A CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$167M

333,230

0.7%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

NETFLIX INC. · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$163M

1,690,522

0.7%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

WALMART INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$150M

1,206,883

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

GE VERNOVA INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$143M

164,382

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

COSTCO WHOLESALE CORPORATION · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$142M

142,170

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PALANTIR TECHNOLOGIES INC · CL A CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$140M

954,254

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PROCTER & GAMBLE CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$138M

954,261

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

COCA COLA CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$132M

1,736,130

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CATERPILLAR INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$127M

178,829

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

GE AEROSPACE · COM NEW CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$120M

421,759

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MICRON TECHNOLOGY INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$119M

351,288

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

LAM RESEARCH CORP · COM NEW CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$117M

547,533

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

WELLS FARGO & CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$115M

1,442,575

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BANK AMERICA CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$114M

2,341,477

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

HOME DEPOT INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$106M

322,475

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

APPLIED MATLS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$105M

307,304

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CISCO SYS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$105M

1,349,530

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CITIGROUP INC · COM NEW CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$102M

897,008

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

FIRST MAJESTIC SILVER CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$102M

4,732,148

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PEPSICO INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$102M

653,762

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ABBVIE INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$99.3M

456,420

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

LINDE PLC · SHS CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$98.9M

199,537

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MCKESSON CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$96.9M

111,943

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

INTERNATIONAL BUSINESS MACHS · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$96.6M

398,350

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

INTEL CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$95.8M

2,169,961

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MCDONALDS CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$94.6M

304,232

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CHEVRON CORPORATION · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$93.6M

452,316

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TJX COS INC NEW · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$92.3M

577,652

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

EQUITY RESIDENTIAL · SH BEN INT CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$91.7M

1,550,713

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

VERIZON COMMUNICATIONS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$89.9M

1,790,097

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AVALONBAY CMNTYS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$88.4M

541,135

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CREDICORP LTD · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$87.5M

257,975

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MERCADOLIBRE INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$87.4M

50,547

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ADVANCED MICRO DEVICES INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$85.5M

420,332

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PHILIP MORRIS INTL INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$84.7M

512,104

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AT&T INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$82.4M

2,843,501

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MERCK & CO INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$79.4M

659,877

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

KLA CORP · COM NEW CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$79.0M

53,620

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

RTX CORPORATION · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$78.8M

408,376

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

SALESFORCE INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$77.0M

412,680

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

WILLIAMS COS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$75.5M

1,037,372

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

SEAGATE TECHNOLOGY HLDNGS PL · ORD SHS CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$74.5M

190,131

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BOOKING HOLDINGS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$72.4M

17,187

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ARISTA NETWORKS INC · COM SHS CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$71.9M

585,647

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ORACLE CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$71.8M

488,221

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AMERICAN EXPRESS CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$71.4M

235,968

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TEXAS INSTRS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$71.3M

367,171

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

WESTERN DIGITAL CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$69.9M

258,564

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AMERICA MOVIL SAB DE CV · SPON ADS RP CL B CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$68.0M

2,670,300

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

SERVICENOW INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$67.5M

645,290

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

THERMO FISHER SCIENTIFIC INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$66.3M

134,785

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AMPHENOL CORP · CL A CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$65.8M

521,016

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

UNITEDHEALTH GROUP INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$65.7M

242,762

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

INTUITIVE SURGICAL INC · COM NEW CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$65.6M

142,368

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PHILLIPS 66 · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$65.4M

358,832

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ADOBE INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$63.8M

262,582

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

INTUIT · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$63.2M

146,270

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

GENERAL DYNAMICS CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$60.8M

177,009

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ANGLOGOLD ASHANTI PLC · COM SHS CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$60.3M

618,930

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BRISTOL-MYERS SQUIBB CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$60.2M

992,376

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ROSS STORES INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$60.1M

277,565

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

UBER TECHNOLOGIES INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$60.1M

835,225

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ACCENTURE PLC IRELAND · SHS CLASS A CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$60.0M

302,589

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AMERICAN TOWER CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$59.9M

347,326

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PEGASYSTEMS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$59.4M

1,396,021

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

GENERAL MTRS CO · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$59.2M

794,863

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ESSEX PPTY TR INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$59.1M

244,402

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MARATHON PETE CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$58.4M

239,138

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AON PLC · SHS CL A CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$58.4M

180,893

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ANALOG DEVICES INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$57.9M

182,090

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

VERALTO CORP · COM SHS CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$56.0M

633,077

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

VERTEX PHARMACEUTICALS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$55.5M

124,317

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

API GROUP CORP · COM STK CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$55.0M

1,357,740

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ALTRIA GROUP INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$54.6M

827,807

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TE CONNECTIVITY PLC · ORD SHS CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$54.4M

260,335

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MID-AMER APT CMNTYS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$54.3M

444,253

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

LINCOLN ELEC HLDGS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$53.9M

216,505

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CBOE GLOBAL MKTS INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$53.7M

191,105

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

NEWMONT CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$53.3M

492,495

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MONSTER BEVERAGE CORP NEW · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$52.1M

718,720

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BANK NEW YORK MELLON CORP · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$51.7M

435,745

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

EQUINIX INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$50.9M

51,896

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

FORTINET INC · COM CUSIP —
2026-03-31 filed 2026-04-30 +30d

src ↗

$49.8M

609,044

0.2%

1–20 of the 100 issuers on this page

Change kind and share change are in Position changes above; Congress overlap is planned.

One line per issuer, largest first; a row with no issuer key stands on its own line. Open a line for its rows as this filer reported them. The list holds every row this filer reported for the quarter. Issuer totals on the holders pages count each manager's own report once; that never removes a row here. how positions are grouped ↗

Book shape

2026-03-31 · concentration · vs tracked median · tick = median

Top-25 concentration: 39.8%below median 80.0%
Concentration index: 118 bpsbelow median 446 bps
Positions with value: 1478 / 1478median book 97.5 positions

Concentration uses reported 13F long value, not total assets. The index is withheld when any position lacks a value. Medians are over the 8,748 tracked filers with a 2026-03-31 book; the index median over the 8,662 with a complete book.

holdings whose <value> did not parse — retained and counted, never zero-filled: 0 · share of the period's disclosed value held in the top-N positions; denominator is reported 13F value, not total assets: 39.8% · integer Herfindahl–Hirschman index in basis points over disclosed position values: 118 · QoQ moves: 1,781

Filing history

AVAILABLE QUARTERS

Available filing periods
Period	Source
2026-03-31	EDGAR ↗

PLANNED sector rotation · Congress overlap · signals for this filer

Complete source filings on SEC EDGAR

The complete filing on EDGAR.

The position list above is served from the published Public Filings build, each position as this filer reported it; where the page cannot embed every reported row, the list says how many it leaves out. This block is provenance, not a substitute: the filing itself is the record, and it is one click away. Public Filings decided on 2026-08-01 to serve this list from its published build; filings newer than this build are on EDGAR.

Open TEACHER RETIREMENT SYSTEM OF TEXAS's 13F filings on SEC EDGAR ↗

Notes on this data

Reported positions

Quarter-end holdings as filed

Explore the full published position list and its source filing. This record excludes the manager’s cash, shorts and non-13(f) assets.

Share changes

Compare consecutive quarters

Position changes retain the producer’s classification and comparability flags. Share counts and reported values describe different changes.

Coverage

A snapshot, not current holdings

Use the quarter selector to inspect available periods. Unknown values stay unknown and each table states its coverage.

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).