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Institutional Investment Manager
Employees Retirement System of Texas
Employees Retirement System of Texas (CIK: 0001398739) incorporated in Texas, located at P.O. Box 13207, Austin, TX. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q3)
Portfolio Summary: 977 holdings with a total value of $7,614,813,000.
#
Name
Shares
Value ($)
%
Options
Notes
951 QUALCOMM INC 576,600 43,112,000 0.57%
952 COMCAST CORP NEW 822,400 44,229,000 0.58%
953 FACEBOOK INC 559,800 44,247,000 0.58%
954 SIMON PPTY GROUP INC NEW 269,346 44,286,000 0.58%
955 DISNEY WALT CO 532,500 47,408,000 0.62%
956 BERKSHIRE HATHAWAY INC DEL 343,500 47,451,000 0.62%
957 OCCIDENTAL PETE CORP DEL 493,900 47,488,000 0.62%
958 UNION PAC CORP 439,300 47,629,000 0.63%
959 ISHARES NASDAQ BIOTECHNOLOGY ETF 83,300 49,015,000 0.64%
960 GOOGLE INC 85,200 49,191,000 0.65%
961 TEVA PHARMACEUTICAL INDS LTD 928,303 49,896,000 0.66%
962 JOHNSON & JOHNSON 472,100 50,321,000 0.66%
963 BANK AMER CORP 3,073,500 52,403,000 0.69%
964 WAL-MART STORES INC 688,900 52,680,000 0.69%
965 CHEVRON CORP NEW 463,900 55,353,000 0.73%
966 PFIZER INC 2,073,190 61,304,000 0.81%
967 VERIZON COMMUNICATIONS INC 1,256,703 62,823,000 0.83%
968 PROCTER AND GAMBLE CO 754,000 63,140,000 0.83%
969 GENERAL ELECTRIC CO 2,499,000 64,024,000 0.84%
970 LILLY ELI & CO 1,020,400 66,173,000 0.87%
971 COCA COLA CO 1,788,900 76,314,000 1.00%
972 JPMORGAN CHASE & CO 1,414,200 85,191,000 1.12%
973 WELLS FARGO & CO NEW 1,716,100 89,014,000 1.17%
974 MICROSOFT CORP 2,125,300 98,529,000 1.29%
975 EXXON MOBIL CORP 1,198,300 112,700,000 1.48%
976 APPLE INC 2,097,300 211,303,000 2.77%
977 ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF 3,700,000 340,215,000 4.47% PRN
Page 20 of 20

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001398739-14-000010, filed 2014.11.13).

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.