Employees Retirement System of Texas’s Twilio TWLO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-1,631	Closed	-$232K	–	573
2025 Q4	$232K	Buy	1,631 +436	+36%	+$54K	﹤0.01%	326
2025 Q3	$120K	Hold	1,195	–	–	﹤0.01%	376
2025 Q2	$149K	Buy	+1,195	New	+$127K	﹤0.01%	390
2024 Q1	–	Sell	-11,483	Closed	-$871K	–	380
2023 Q4	$871K	Buy	+11,483	New	+$716K	0.01%	280
2022 Q2	–	Sell	-25,000	Closed	-$4.12M	–	773
2022 Q1	$4.12M	Hold	25,000	–	–	0.05%	359
2021 Q4	$6.58M	Sell	25,000 -32,180	-56%	-$9.62M	0.07%	280
2021 Q3	$18.2M	Sell	57,180 -7,000	-11%	-$2.55M	0.21%	124
2021 Q2	$25.3M	Buy	64,180 +22,000	+52%	+$7.64M	0.31%	81
2021 Q1	$14.4M	Sell	42,180 -13,000	-24%	-$4.87M	0.19%	141
2020 Q4	$18.7M	Buy	55,180 +23,000	+71%	+$7.19M	0.3%	92
2020 Q3	$7.95M	Buy	32,180 +23,000	+251%	+$5.67M	0.12%	199
2020 Q2	$2.01M	Buy	9,180 +2,000	+28%	+$321K	0.03%	473
2020 Q1	$643K	Hold	7,180	–	–	0.01%	659
2019 Q4	$706K	Hold	7,180	–	–	0.01%	734
2019 Q3	$790K	Buy	+7,180	New	+$931K	0.01%	759