Texas Permanent School Fund Corp.
Texas Permanent School Fund Corporation (Texas PSF) is a sovereign wealth fund headquartered in Austin, Texas. Established as a component unit of the State of Texas, it manages and invests funds to support public education in the state. The corporation was formed to generate stable and sustained returns for the benefit of Texas public schools. While the roots of the Permanent School Fund date back to the mid-19th century, the Texas Permanent School Fund Corporation itself was formally created in 2021, with over 100 employees responsible for overseeing a diverse portfolio. Its primary beneficiaries are Texas public school students and educators.
Investment Strategy
Texas Permanent School Fund Corporation aims to provide permanent funding for Texas public schools by generating exceptional investment returns. The Fund invests across a diversified set of asset classes, including public and private equities, fixed income, alternative investments, and real assets such as real estate and infrastructure. The investment strategy emphasizes diversification, prudent risk management, and a long-term investment horizon to ensure the preservation and growth of capital for future generations of Texas students.
Top Holdings
Equity Positions (1,477)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R RSP | INVESCO EXCHANGE TRADED FD T | 17.48% | $1.67B | 9,190,491 | $175.84 | $181.74 | +$115.6M |
N NVDA | NVIDIA CORPORATION | 3.16% | $302.4M | 1,913,893 | $108.38 | $157.99 | -$4.9M |
M MSFT | MICROSOFT CORP | 3.05% | $291.3M | 585,663 | $375.39 | $497.41 | -$52.2M |
A AAPL | APPLE INC | 2.56% | $244.3M | 1,190,634 | $222.13 | $205.17 | -$131.8M |
S SPMD | SPDR SER TR | 1.70% | $162.2M | 2,982,043 | $54.69 | $54.38 | +$13.6M |