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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 (2015Q3)
Portfolio Summary: 2,534 holdings with a total value of $12,709,786,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 FIFTH THIRD BANCORP 2,006,990 37,952,000 0.30%
102 METLIFE INC 791,184 37,304,000 0.29%
103 BEST BUY INC 1,001,325 37,169,000 0.29%
104 ANADARKO PETE CORP 607,711 36,700,000 0.29%
105 TEVA PHARMACEUTICAL INDS LTD 650,000 36,699,000 0.29%
106 ILLINOIS TOOL WKS INC 442,543 36,426,000 0.29%
107 NIKE INC 295,239 36,306,000 0.29%
108 RLJ LODGING TR COM 1,431,766 36,181,000 0.28%
109 PPL CORP 1,069,412 35,173,000 0.28%
110 STATE STR CORP 499,243 33,554,000 0.26%
111 APPLIED MATLS INC 2,272,467 33,383,000 0.26%
112 PHILLIPS 66 434,133 33,359,000 0.26%
113 DR PEPPER SNAPPLE GROUP INC 414,331 32,753,000 0.26%
114 SPDR GOLD TR 301,793 32,250,000 0.25%
115 E M C CORP MASS COM 1,329,537 32,122,000 0.25%
116 ST JUDE MED INC 502,822 31,723,000 0.25%
117 WASTE MGMT INC DEL 633,114 31,535,000 0.25%
118 LYONDELLBASELL INDUSTRIES N 375,862 31,332,000 0.25%
119 SYNCHRONY FINL 987,183 30,899,000 0.24%
120 MARATHON PETE CORP 665,160 30,817,000 0.24%
121 NXP SEMICONDUCTORS N V 348,800 30,370,000 0.24%
122 BAKER HUGHES INC 581,497 30,261,000 0.24%
123 YAHOO INC 1,038,234 30,015,000 0.24%
124 COMCAST CORP NEW 496,488 28,419,000 0.22%
125 MICRON TECHNOLOGY INC 1,893,625 28,367,000 0.22%
126 AVAGO TECHNOLOGIES LTD SHS 225,677 28,212,000 0.22%
127 LAM RESEARCH CORP 428,305 27,981,000 0.22%
128 WESTROCK CO 527,021 27,110,000 0.21%
129 PIONEER NAT RES CO 221,909 26,993,000 0.21%
130 T MOBILE US INC 653,049 25,998,000 0.20%
131 CATERPILLAR INC 396,746 25,931,000 0.20%
132 DELTA AIRLINES INC DEL 565,914 25,393,000 0.20%
133 COVANTA HLDG CORP 1,446,742 25,246,000 0.20%
134 BERKSHIRE HATHAWAY INC DEL 191,975 25,034,000 0.20%
135 AXALTA COATING SYS LTD 979,670 24,825,000 0.20%
136 BROADCOM CORP CL A 481,508 24,764,000 0.19%
137 ADOBE INC 299,112 24,593,000 0.19%
138 NORTHROP GRUMMAN CORP 147,772 24,523,000 0.19%
139 MONDELEZ INTL INC 583,896 24,448,000 0.19%
140 RAYTHEON CO 222,003 24,256,000 0.19%
141 FRONTIER COMMUNICATIONS CORP 5,023,787 23,863,000 0.19%
142 INGERSOLL-RAND PLC 469,177 23,820,000 0.19%
143 FLUOR CORP NEW 558,213 23,640,000 0.19%
144 D R HORTON INC 803,971 23,605,000 0.19%
145 BANKUNITED INC 648,979 23,201,000 0.18%
146 UNDER ARMOUR INC 236,202 22,860,000 0.18%
147 VIACOM INC NEW 526,637 22,724,000 0.18%
148 LENNAR 470,307 22,636,000 0.18%
149 HORIZON PHARMA PLC 1,140,200 22,599,000 0.18%
150 LAS VEGAS SANDS CORP 583,078 22,139,000 0.17%
Page 3 of 51

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000796848-15-000007, filed 2015.11.04).

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.