We are live on ! Find out more
ERSOT

Employees Retirement System of Texas Portfolio holdings

AUM $11.4B
1-Year Est. Return 21.6%
This Fund
S&P 500
This Quarter Est. Return
-0.87%
1 Year Est. Return
+21.6%
3 Year Est. Return
+92.23%
5 Year Est. Return
+130.52%
10 Year Est. Return
+498.15%
AUM
$11B
AUM Growth
-$684M
Cap. Flow
-$519M
Cap. Flow %
-4.7%
Top 10 Hldgs %
42.06%
Holding
345
New
35
Increased
70
Reduced
99
Closed
81

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$158M
2
MSFT icon
Microsoft
MSFT
+$106M
3
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$102M
4
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$97.3M
5
UBER icon
Uber
UBER
+$69M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$274M
2
CRM icon
Salesforce
CRM
+$108M
3
HON icon
Honeywell
HON
+$85.5M
4
WFC icon
Wells Fargo
WFC
+$85.5M
5
MDY icon
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
+$80.6M

Sector Composition

Rank Sector Weight
1 Technology 19.44%
2 Financials 9.84%
3 Consumer Discretionary 8.29%
4 Healthcare 7.29%
5 Real Estate 6.83%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EQIX icon
26
Equinix
EQIX
$103B
$88M 0.8%
107,919
+30,549
+39% +$27.5M
AZO icon
27
AutoZone
AZO
$49.9B
$83.1M 0.75%
21,800
-200
-0.9% -$690K
TDG icon
28
TransDigm Group
TDG
$69B
$82.9M 0.75%
59,929
-600
-1% -$800K
HIG icon
29
Hartford Financial Services
HIG
$38.4B
$82.1M 0.74%
663,300
+94,300
+17% +$10.8M
ICE icon
30
Intercontinental Exchange
ICE
$84.8B
$77.8M 0.71%
450,900
-5,200
-1% -$852K
MSI icon
31
Motorola Solutions
MSI
$76.9B
$77.6M 0.7%
177,328
+72,328
+69% +$32.3M
AJG icon
32
Arthur J. Gallagher & Co
AJG
$65.5B
$76.1M 0.69%
220,500
-2,500
-1% -$790K
BKNG icon
33
Booking.com
BKNG
$161B
$72.3M 0.66%
392,500
+52,500
+15% +$10M
GOOGL icon
34
Alphabet (Google) Class A
GOOGL
$4.25T
$71.8M 0.65%
464,168
-19,140
-4% -$3.47M
XBI icon
35
State Street SPDR S&P Biotech ETF
XBI
$10.4B
$70.3M 0.64%
867,172
-10,100
-1% -$903K
UBER icon
36
Uber
UBER
$160B
$69.8M 0.63%
+958,008
New +$69M
TMO icon
37
Thermo Fisher Scientific
TMO
$222B
$68.9M 0.62%
138,500
+8,800
+7% +$4.77M
ETN icon
38
Eaton
ETN
$178B
$68.4M 0.62%
251,482
+37,832
+18% +$11.8M
VTR icon
39
Ventas
VTR
$45.3B
$66.5M 0.6%
967,029
+709,130
+275% +$45.3M
TJX icon
40
TJX Companies
TJX
$173B
$66.3M 0.6%
544,500
-61,500
-10% -$7.47M
WEC icon
41
WEC Energy
WEC
$34.8B
$66.1M 0.6%
606,390
+213,390
+54% +$21.8M
PANW icon
42
Palo Alto Networks
PANW
$315B
$66.1M 0.6%
387,174
-36,526
-9% -$6.75M
NOW icon
43
ServiceNow
NOW
$131B
$65.8M 0.6%
413,360
-162,645
-28% -$31.3M
WM icon
44
Waste Management
WM
$91.3B
$65.3M 0.59%
282,018
+42,939
+18% +$9.51M
LPLA icon
45
LPL Financial
LPLA
$29.5B
$64.6M 0.59%
197,600
-33,900
-15% -$11.8M
SLB icon
46
SLB Ltd
SLB
$79.1B
$63.5M 0.58%
1,519,785
-71,450
-4% -$2.93M
SCHW
47
Charles Schwab
SCHW
$187B
$62.4M 0.57%
+797,000
New +$62.6M
ZTS icon
48
Zoetis
ZTS
$30.9B
$62.1M 0.56%
377,400
+63,400
+20% +$10.5M
ETR icon
49
Entergy
ETR
$49.7B
$62.1M 0.56%
726,641
-465,159
-39% -$38.3M
DIS icon
50
Walt Disney
DIS
$178B
$61.8M 0.56%
626,334
-52,723
-8% -$5.67M
1
2
3 4 5

Similar funds

SoftBank Group
SoftBank Group Tokyo, Japan $11.4B AUM 27.91% 1-Year Est. Return
DWM
Dynasty Wealth Management St. Petersburg, Florida $11.5B AUM 15.23% 1-Year Est. Return
VLKIM
Van Lanschot Kempen Investment Management Amsterdam, Netherlands $11.4B AUM 16.77% 1-Year Est. Return
GKIM
GW&K Investment Management Boston, Massachusetts $11.3B AUM 31.98% 1-Year Est. Return
BHCM
Brevan Howard Capital Management St. Helier, Jersey $11.3B AUM 35.84% 1-Year Est. Return
DCP
D1 Capital Partners New York $11.2B AUM 15.78% 1-Year Est. Return
BCI
Brinker Capital Investments Berwyn, Pennsylvania $11.7B AUM 21.33% 1-Year Est. Return
VA
Vident Advisory Alpharetta, Georgia $11.7B AUM 37.32% 1-Year Est. Return

Employees Retirement System of Texas's Q1 2025 Portfolio in Review

As of Q1 2025, Employees Retirement System of Texas held 345 positions worth $11B, down 5.8% from $11.7B the previous quarter. Its ten largest holdings account for 42% of the portfolio.

Employees Retirement System of Texas withdrew a net $519M in Q1 2025, closing 81 positions and reducing 99 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $274M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 22% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Employees Retirement System of Texas opened a new position in State Street SPDR S&P 500 ETF Trust worth $150M.

  • Employees Retirement System of Texas's largest Q1 2025 buy was State Street SPDR S&P 500 ETF Trust: 268,300 shares worth $150M.
  • Employees Retirement System of Texas added most to Microsoft in Q1 2025, an estimated $106M increase.
  • Employees Retirement System of Texas's biggest Q1 2025 reduction was Ameriprise Financial, cutting an estimated $56.6M.
  • Employees Retirement System of Texas fully exited Alphabet (Google) Class C in Q1 2025, selling an estimated $274M.
  • Employees Retirement System of Texas's ten largest holdings make up 42% of its $11B portfolio in Q1 2025.
  • Employees Retirement System of Texas opened 35 new positions and closed 81 in Q1 2025.
  • Employees Retirement System of Texas's portfolio value fell 5.8% quarter-over-quarter to $11B.

Based on Employees Retirement System of Texas's 13F filing for Q1 2025, filed 13 May 2025.