Employees Retirement System of Texas
SEC Form 13F institutional filer · CIK 0001398739
13F-HR · 254 reported holdings · 2026-03-31
Reported long-US-equity value
$0.01B
Top-10 concentration
39.3%
Employees Retirement System of Texas — $8.24M AUM allocation strategy
Employees Retirement System of Texas files SEC Form 13F and reports $8.24M of long US equity value across 254 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 23.1%, followed by Consumer Discretionary 7.7% and Communication Services 7.0%.
The top 10 holdings account for 39% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Employees Retirement System of Texas — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$8.24M
total across 254 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
39% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$AMAT +642K sh · +$5.45K+$NFLX +535K sh · +$52.8K+$FAST +474K sh · +$29.2K
Biggest trims (shares)
−$XLI −443K sh · −$67.3K−$ZTS −394K sh · −$49.6K−$KO −329K sh · −$14.9K
Exited to nil (held last quarter, gone now)
$VOO ($253K last qtr)$UBER ($64.9K last qtr)$GEHC ($43.9K last qtr)$AEP ($5.83K last qtr)$ADP ($5.71K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors10.7%—
- Interactive Media & Services7.0%—
- Technology Hardware, Storage & Peripherals6.3%—
- Systems Software6.2%—
- Broadline Retail4.7%—
- Transaction & Payment Processing Services3.2%—
- Diversified Banks3.2%—
- Consumer Staples Merchandise Retail3.0%—
- Other holdings55.7%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 3.54M | $617K | -125K | 7.5% |
| $AAPL | Apple Inc | 2.04M | $519K | -224K | 6.3% |
| $MSFT | Microsoft Corporation | 1.38M | $509K | -52.1K | 6.2% |
| $AMZN | Amazon.com Inc | 1.85M | $386K | -83.5K | 4.7% |
| $AVGO | Broadcom Inc | 847K | $262K | +2.48K | 3.2% |
| $GOOGL | Alphabet Inc | 879K | $252K | -283K | 3.1% |
| $XOM | ExxonMobil Holdings Corporation | 1.17M | $199K | -72.1K | 2.4% |
| $META | Meta Platforms Inc | 318K | $182K | -71K | 2.2% |
| $LLY | Eli Lilly and Company | 173K | $159K | -9.2K | 1.9% |
| $JPM | JP Morgan Chase & Co | 513K | $151K | -27.6K | 1.8% |
…and 244 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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