Virginia Retirement Systems’s Twilio TWLO Stock Holding History

Virginia Retirement Systems’s Portfolio TWLO Stock Details TWLO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	$17.9M	Sell	126,100 -15,800	-11%	-$1.96M	0.11%	193
2025 Q3	$14.2M	Sell	141,900 -160,500	-53%	-$18.1M	0.09%	208
2025 Q2	$37.6M	Buy	302,400 +187,400	+163%	+$19.9M	0.26%	107
2025 Q1	$11.3M	Buy	+115,000	New	+$13.6M	0.08%	225
2019 Q3	–	Sell	-4,400	Closed	-$600K	–	1191
2019 Q2	$600K	Sell	4,400 -7,600	-63%	-$1.01M	0.01%	865
2019 Q1	$1.55M	Buy	12,000 +5,300	+79%	+$597K	0.02%	511
2018 Q4	$598K	Buy	+6,700	New	+$544K	0.01%	822

Other funds holding TWLO

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

SHCM

Sachem Head Capital Management New York $4.15B AUM 48.05% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Virginia Retirement Systems's TWLO Position: Q4 2025 in Review

Virginia Retirement Systems reduced its Twilio (TWLO) stake by 11% in Q4 2025, selling an estimated $1.96M and leaving 126,100 shares worth $17.9M. The position accounts for 0.11% of the portfolio, ranked #193.

Virginia Retirement Systems first reported a position in TWLO in Q4 2018 and has held it in 7 quarters since. The position peaked at $37.6M in Q2 2025. 868 funds tracked by Wall St. Rank hold TWLO as of Q4 2025.

Virginia Retirement Systems held 126,100 shares of Twilio worth $17.9M as of Q4 2025.
Virginia Retirement Systems sold 15,800 Twilio shares in Q4 2025, an estimated $1.96M.
Twilio made up 0.11% of Virginia Retirement Systems's portfolio in Q4 2025, its #193 holding.
Virginia Retirement Systems first reported a position in Twilio in Q4 2018 and has held it in 7 quarters since.
Virginia Retirement Systems's Twilio position peaked at $37.6M in Q2 2025.
868 funds tracked by Wall St. Rank held Twilio as of Q4 2025.

Based on Virginia Retirement Systems's 13F filing for Q4 2025, filed 4 Feb 2026.