We are live on
!
Find out more
ERSOT
Employees Retirement System of Texas Portfolio holdings
AUM
$12.6B
1-Year Est. Return
31.26%
This Fund
S&P 500
This Quarter
Est. Return
-1.64%
1 Year Est. Return
+31.26%
3 Year Est. Return
+109.85%
5 Year Est. Return
+156.37%
10 Year Est. Return
+600.99%
AUM
$11.4B
AUM Growth
-$848M
(-6.9%)
Cap. Flow
-$490M
Cap. Flow
% of AUM
-4.29%
Top 10 Holdings %
Top 10 Hldgs %
42.31%
Holding
586
New
90
Increased
73
Reduced
118
Closed
93
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Gold Trust
IAU
|
+$280M |
| 2 |
Vanguard FTSE Europe ETF
VGK
|
+$172M |
| 3 |
Visa
V
|
+$137M |
| 4 |
AbbVie
ABBV
|
+$101M |
| 5 |
Carnival Corporation Ltd
CCL
|
+$67.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$253M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$88.8M |
| 3 |
UnitedHealth
UNH
|
+$86.3M |
| 4 |
Mercado Libre
MELI
|
+$80.9M |
| 5 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$74.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.25% |
| 2 | Financials | 9.81% |
| 3 | Consumer Discretionary | 7.43% |
| 4 | Communication Services | 7.32% |
| 5 | Healthcare | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Terex
TEX
$7.76B
| $63K | ﹤0.01% |
+1,067
| New | +$66.1K |
|
427
Bentley Systems
BSY
$10.9B
| $62K | ﹤0.01% |
+1,756
| New | +$64.5K |
|
428
EPAM Systems
EPAM
$5.18B
| $62K | ﹤0.01% |
458
| – | – |
|
429
AXIS Capital
AXS
$7.38B
| $61K | ﹤0.01% |
598
-27,819
| -98% | -$2.86M |
|
430
Conagra Brands
CAG
$7.5B
| $60K | ﹤0.01% |
3,795
| – | – |
|
431
Albertsons Companies
ACI
$6.03B
| $59K | ﹤0.01% |
+3,442
| New | +$59.8K |
|
432
Armstrong World Industries
AWI
$7.7B
| $59K | ﹤0.01% |
358
| – | – |
|
433
Descartes Systems
DSGX
$6.62B
| $59K | ﹤0.01% |
819
-251
| -23% | -$18.5K |
|
434
Murphy Oil
MUR
$4.96B
| $59K | ﹤0.01% |
+1,435
| New | +$48.6K |
|
435
Baytex Energy
BTE
$3.06B
| $58K | ﹤0.01% |
+12,923
| New | +$47.7K |
|
436
First American
FAF
$7.54B
| $58K | ﹤0.01% |
+958
| New | +$61.3K |
|
|
VSNT
437
Versant Media Group
VSNT
$5.52B
| $58K | ﹤0.01% |
+1,567
| New | +$52.8K |
|
438
NewMarket
NEU
$8.85B
| $55K | ﹤0.01% |
+86
| New | +$55.8K |
|
439
Commerce Bancshares
CBSH
$8.64B
| $54K | ﹤0.01% |
1,103
| – | – |
|
440
Chemed
CHE
$6.96B
| $54K | ﹤0.01% |
142
| – | – |
|
441
DaVita
DVA
$11.5B
| $53K | ﹤0.01% |
347
| – | – |
|
442
Match Group
MTCH
$8.71B
| $53K | ﹤0.01% |
1,729
| – | – |
|
443
RLI Corp
RLI
$5.85B
| $53K | ﹤0.01% |
+924
| New | +$55.5K |
|
444
OneMain Financial
OMF
$7.56B
| $52K | ﹤0.01% |
974
| – | – |
|
445
MarketAxess Holdings
MKTX
$5.72B
| $51K | ﹤0.01% |
311
| – | – |
|
446
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $51K | ﹤0.01% |
+594
| New | +$55.3K |
|
447
Boyd Gaming
BYD
$6.11B
| $50K | ﹤0.01% |
610
| – | – |
|
448
CNX Resources
CNX
$5.28B
| $50K | ﹤0.01% |
+1,290
| New | +$50.3K |
|
449
Travel + Leisure Co
TNL
$4.63B
| $50K | ﹤0.01% |
+723
| New | +$52.2K |
|
450
Churchill Downs
CHDN
$6.33B
| $49K | ﹤0.01% |
547
| – | – |
|
Similar funds
BAMF
AIM
LC
JF
RA
WI
GKIM
Employees Retirement System of Texas's Q1 2026 Portfolio in Review
As of Q1 2026, Employees Retirement System of Texas held 586 positions worth $11.4B, down 6.9% from $12.3B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Employees Retirement System of Texas withdrew a net $490M in Q1 2026, closing 93 positions and reducing 118 holdings. Its most notable exit was Vanguard S&P 500 ETF, an estimated $253M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Employees Retirement System of Texas opened a new position in Vanguard FTSE Europe ETF worth $165M.
- Employees Retirement System of Texas's largest Q1 2026 buy was Vanguard FTSE Europe ETF: 1,997,090 shares worth $165M.
- Employees Retirement System of Texas added most to iShares Gold Trust in Q1 2026, an estimated $280M increase.
- Employees Retirement System of Texas's biggest Q1 2026 reduction was Alphabet (Google) Class C, cutting an estimated $88.8M.
- Employees Retirement System of Texas fully exited Vanguard S&P 500 ETF in Q1 2026, selling an estimated $253M.
- Employees Retirement System of Texas's ten largest holdings make up 42% of its $11.4B portfolio in Q1 2026.
- Employees Retirement System of Texas opened 90 new positions and closed 93 in Q1 2026.
- Employees Retirement System of Texas's portfolio value fell 6.9% quarter-over-quarter to $11.4B.
Based on Employees Retirement System of Texas's 13F filing for Q1 2026, filed 13 May 2026.