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Institutional Investment Manager
TEACHER RETIREMENT SYSTEM OF TEXAS
TEACHER RETIREMENT SYSTEM OF TEXAS (CIK: 0000796848) incorporated in Texas, located at 4655 Mueller Blvd, Austin, TX. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Portfolio Summary: 2,457 holdings with a total value of $12,101,401,000.
#
Name
Shares
Value ($)
%
Options
Notes
201 NAVIOS MARITIME HOLDINGS INC 556,500 5,632,000 0.05%
202 BERKSHIRE HATHAWAY INC DEL 43,981 5,566,000 0.05%
203 AMERICAN TOWER CORP NEW 61,488 5,533,000 0.05%
204 SPRINT CORP 645,950 5,510,000 0.05%
205 SAFE BULKERS INC 563,500 5,500,000 0.05%
206 EQUITY RESIDENTIAL 87,188 5,493,000 0.05%
207 AVALONBAY COMM 37,975 5,400,000 0.04%
208 ALLEGHANY CORP 12,064 5,285,000 0.04%
209 HOST HOTELS & RESORTS INC 239,732 5,277,000 0.04%
210 NORTHROP GRUMMAN CORP 42,873 5,129,000 0.04%
211 PARTNERRE LTD 46,895 5,121,000 0.04%
212 VORNADO REALTY 42,432 4,529,000 0.04%
213 ENTERGY CORP NEW 54,821 4,500,000 0.04%
214 LOCKHEED MARTIN CORP 27,635 4,442,000 0.04%
215 ISHARES MSCI MALAYSI ETF 274,710 4,362,000 0.04%
216 APARTMENT INVT & MGMT CO 135,056 4,358,000 0.04%
217 LASALLE HOTEL PPTYS 122,974 4,340,000 0.04%
218 HCA HOLDINGS INC 76,832 4,332,000 0.04%
219 MACERICH CO 64,686 4,318,000 0.04%
220 NATIONAL RETAIL PPTYS INC 115,490 4,295,000 0.04%
221 FelCor Lodging Trust Inc 407,817 4,286,000 0.04%
222 KILROY RLTY CORP COM 67,994 4,235,000 0.03%
223 STRATEGIC HOTELS & RESORTS I 360,705 4,224,000 0.03%
224 EXTRA SPACE STORAGE INC 79,260 4,221,000 0.03%
225 DUKE REALTY CORP 232,131 4,215,000 0.03%
226 ROUSE PPTYS INC 246,100 4,211,000 0.03%
227 PolyOne Corp 78,460 4,194,000 0.03%
228 PENNSYLVANIA REAL ESTATE INV 222,237 4,183,000 0.03%
229 HIGHWOODS PPTYS INC 99,537 4,176,000 0.03%
230 PEBBLEBROOK HOTEL TR 112,988 4,176,000 0.03%
231 ALEX REAL ESTATE EQ 53,751 4,173,000 0.03%
232 DDR CORP 236,258 4,165,000 0.03%
233 MID AMER APT CMNTYS INC 56,994 4,163,000 0.03%
234 COUSINS PROPERTIES INC 333,943 4,158,000 0.03%
235 BOSTON PROPERTIES INC 35,146 4,154,000 0.03%
236 BRIXMOR PROPERTY 180,605 4,145,000 0.03%
237 DIAMONDROCK HOSPITALITY CO COM 322,856 4,139,000 0.03%
238 DUPONT FABROS TECHNOLOGY INC 153,050 4,126,000 0.03%
239 CORESITE RLTY CORP 124,754 4,126,000 0.03%
240 GENERAL GROWTH 175,033 4,124,000 0.03%
241 SOUTHWEST AIRLS CO 153,290 4,117,000 0.03%
242 RETAIL PPTYS AMER INC CL A 265,819 4,088,000 0.03%
243 EQUITY LIFESTYLE PPTYS INC 92,501 4,085,000 0.03%
244 FIRST INDL RLTY TR INC 216,810 4,085,000 0.03%
245 SUNSTONE HOTEL INVESTORS REIT 272,932 4,075,000 0.03%
246 CBL & ASSOC PPTYS INC 214,403 4,074,000 0.03%
247 SPIRIT RLTY CAP INC NEW 358,044 4,067,000 0.03%
248 BRANDYWINE RLTY TR 260,406 4,062,000 0.03%
249 BIOMED REALTY TRUST INC 185,949 4,059,000 0.03%
250 CUBESMART 221,445 4,057,000 0.03%
Page 5 of 50

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000796848-14-000005, filed 2014.08.05).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.