Teacher Retirement System of Texas
Teacher Retirement System of Texas (TRS) is the largest public retirement system in Texas, headquartered in Austin. Established in 1937, TRS serves more than 2 million active and retired public educators including teachers, librarians, custodians, and school bus drivers. As a government agency, it provides pension and related benefits to employees of public schools, colleges, and universities across Texas, operating with over 600 staff to serve the needs of its large membership. TRS is considered the sixth largest public pension fund in America and remains a cornerstone of retirement security for Texas educators.
Investment Strategy
TRS invests and manages a $210 billion trust fund designed to secure the long-term financial futures of Texas public education employees and retirees. Its philosophy centers on long-term, multi-generational investing, balancing risk and returns across diverse asset classes including equities, fixed income, real assets, and private markets. TRS seeks steady annual returns while prioritizing cost-effectiveness, sustainability, and ongoing member-focused service to ensure a successful retirement experience for its members.
Top Holdings
Equity Positions (2,030)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 4.96% | $1.18B | 7,478,082 | $51.94 | $157.99 | +$321.9M |
M MSFT | MICROSOFT CORP | 4.45% | $1.06B | 2,128,908 | $235.80 | $497.41 | +$215.5M |
A AAPL | APPLE INC | 3.99% | $949.3M | 4,626,696 | $137.49 | $205.17 | -$151.6M |
A AMZN | AMAZON COM INC | 2.59% | $616.7M | 2,811,112 | $139.46 | $219.39 | +$44.4M |
M META | META PLATFORMS INC | 2.04% | $486.6M | 659,320 | $308.58 | $738.09 | +$64.9M |