TIAA, FSB

CIK

1711615

Location

ST. LOUIS, MO

Portfolio Value

Large $25,739,786,862

Diversification

Highly concentrated

Reports for

(Maps to TC Services)

Filing Date

Global Rank

#185 / 7,009 ▼ 6 · as of Jun 2023

Top Industry

Consumer Electronics 11.1%

3Y Alpha vs SPY

-4.0%

Period ended 3 years ago

Filed Jul 31, 2023 · 3y

14 quarters · since Mar 2020

Clone Performance

Sep 2023–Jan 2024 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+5.2%

SPY

+6.8%

Annualised alpha

-5.0%

Max drawdown

−8.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 1 quarter.TIAA, FSB has stopped filing, so the simulation ends in Jan 2024 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

423 tracked positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023

Top Position

47.9%

−1.5 pts

Top 5

73.8%

−1.0 pts

Top 10

83.0%

−0.7 pts

HHI

2,528

Highly concentrated−133

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Unclassified	87.3%	$22,466,957,421	49
Technology	4.0%	$1,019,634,993	54
Healthcare	1.9%	$488,066,188	54
Financial Services	1.7%	$438,039,237	61
Consumer Cyclical	1.1%	$292,160,453	31
Communication Services	1.1%	$274,822,172	12
Industrials	1.0%	$255,501,329	58
Consumer Defensive	0.9%	$240,520,097	33
Energy	0.5%	$122,223,245	16
Utilities	0.2%	$60,064,324	29
Basic Materials	0.2%	$43,944,568	15
Real Estate	0.1%	$37,852,835	11

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	+706,408	9,662,513	$407,445,679
VCRM	Vanguard Core Tax-Exempt Bond ETF	+408,323	6,047,111	$303,685,914
BIV	Vanguard Intermediate-Term Bond ETF	+246,937	2,104,635	$155,806,094
AOA	iShares Core 80/20 Aggressive Allocation ETF	+242,088	8,120,765	$547,664,391
BKF	iShares MSCI BIC ETF	+179,131	615,277	$20,921,558
MDLZ	Mondelez International, Inc.	+178,426	278,349	$20,302,775
TJX	Tjx Companies Inc /De/	+167,177	208,806	$17,704,660
CPRT	Copart Inc	+136,286	144,575	$13,186,685
BAC	Bank Of America Corp /De/	+116,487	728,910	$20,912,427
YUM	Yum Brands Inc	+93,053	101,907	$14,119,214
PNC	Pnc Financial Services Group, Inc.	+76,410	90,456	$11,392,933
CWI	State Street SPDR MSCI ACWI ex-US ETF	+65,113	14,780,265	$487,917,238
DCOR	Dimensional US Core Equity 1 ETF	+52,176	272,380	$10,186,987
STZ	Constellation Brands, Inc.	+45,518	47,205	$11,618,566
BDX	Becton Dickinson & Co	+40,177	59,566	$15,726,017
PANW	Palo Alto Networks Inc	+36,401	102,926	$26,298,622
LIN	Linde PLC	+29,662	32,098	$12,231,905
PH	Parker-Hannifin Corp	+25,674	30,123	$11,749,174
DG	Dollar General Corp	+24,885	83,788	$14,225,526
COP	Conocophillips	+21,807	186,657	$19,339,531
NVDA	Nvidia Corp	+13,780	95,191	$40,267,696
PYPL	PayPal Holdings, Inc.	+12,770	27,236	$1,817,458
V	Visa Inc.	+10,412	220,481	$52,359,827
NOW	ServiceNow, Inc.	+9,919	43,850	$24,642,384
TSLA	Tesla, Inc.	+9,503	100,536	$26,317,308
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	−8,667,018	169,444,096	$12,334,310,459
T	At&T Inc.	−1,130,549	331,251	$5,283,452
NCLO	Nuveen AA-BBB CLO ETF	−994,130	18,073,343	$682,724,656
ECNS	iShares MSCI China Small-Cap ETF	−441,864	19,689,896	$2,380,846,804
FNDA	Schwab Fundamental U.S. Small Company ETF	−220,949	1,792,592	$0
MRVL	Marvell Technology, Inc.	−220,188	55,556	$3,321,137
AFK	VanEck Africa Index ETF	−200,834	988,114	$42,119,303
VB	Vanguard Morningstar Small-Cap ETF	−157,061	18,190,080	$2,530,936,813
VEA	Vanguard FTSE Developed Markets ETF	−142,856	23,334,118	$1,077,569,569
OTIS	Otis Worldwide Corp	−116,540	26,882	$2,392,766
LYB	LyondellBasell Industries N.V.	−112,973	31,717	$2,912,572
KO	Coca Cola Co	−100,033	201,433	$12,130,295
TGT	Target Corp	−88,368	49,933	$6,586,162
BHP	BHP Group Ltd	−88,015	3,838	$229,013
NKE	NIKE, Inc.	−82,985	73,098	$8,067,825
DUK	Duke Energy CORP	−80,881	42,226	$3,789,360
IBM	International Business Machines Corp	−75,333	94,661	$12,666,588
AMD	Advanced Micro Devices Inc	−66,532	43,058	$4,904,736
TSCO	Tractor Supply Co /De/	−54,323	4,163	$920,439
AAPL	Apple Inc.	−48,294	1,880,484	$364,757,480
WMT	Walmart Inc.	−47,704	100,141	$15,740,151
WCN	Waste Connections, Inc.	−45,916	1,494	$213,537
MRSH	Marsh & Mclennan Companies, Inc.	−42,120	12,670	$2,382,973
BNDW	Vanguard Total World Bond ETF	−40,700	7,499,595	$526,004,869
VIG	Vanguard Dividend Appreciation ETF	−39,193	268,502	$24,482,387
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
DHI	Horton D R Inc /De/	103,428	$12,586,153
CHDN	Churchill Downs Inc	6,656	$926,315
CP	Canadian Pacific Kansas City Ltd/Cn	8,309	$671,117
AIG	American International Group, Inc.	10,414	$599,220
XPO	XPO, Inc.	6,047	$356,773
IQV	Iqvia Holdings Inc.	1,339	$300,967
ALG	Alamo Group Inc	1,484	$272,922
RDNT	RadNet, Inc.	7,375	$240,572
SPXC	SPX Technologies, Inc.	2,732	$232,138
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc	3,350	$215,840
TYL	Tyler Technologies Inc	508	$211,566
RSG	Republic Services, Inc.	1,373	$210,302
CDW	CDW Corp	1,125	$206,437
MNST	Monster Beverage Corp	3,515	$201,901
FULT	Fulton Financial Corp	10,720	$127,782
LXRX	Lexicon Pharmaceuticals, Inc.	27,000	$61,830
AEVA	Aeva Technologies, Inc.	10,000	$12,500
—		41,876	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
LVS	Las Vegas Sands Corp	126,023	$7,240,021
KEX	Kirby Corp	9,283	$647,025
ELME	Elme Communities	14,583	$260,452
BIDU	Baidu, Inc.	1,545	$233,171
FE	Firstenergy Corp	5,244	$210,074
RYN	Rayonier Inc	6,125	$203,717
NFG	National Fuel Gas Co	3,479	$200,877
ONB	Old National Bancorp /In/	13,002	$187,488
ESRT	Empire State Realty Trust, Inc.	24,918	$161,717
NAC	Nuveen California Quality Municipal Income Fund	13,265	$146,047
FHTX	Foghorn Therapeutics Inc.	14,469	$89,707
OPK	Opko Health, Inc.	16,895	$24,666
SVRA	Savara Inc	11,335	$22,103
ADPT	Adaptive Biotechnologies Corp	23,008	$0
DHY	Credit Suisse High Yield Credit Fund	12,284	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

423 tracked positions · $25,739,786,862 total · filing declares 781 positions · $27,639,240,262 · as of Jun 30, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 423 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Reduced	169,444,096	-8,667,018	$12,334,310,459	−0.8%	47.92%
VB	Vanguard Morningstar Small-Cap ETF	Reduced	18,190,080	-157,061	$2,530,936,813	+5.3%	9.83%
ECNS	iShares MSCI China Small-Cap ETF	Reduced	19,689,896	-441,864	$2,380,846,804	+5.8%	9.25%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	23,334,118	-142,856	$1,077,569,569	+1.6%	4.19%
NCLO	Nuveen AA-BBB CLO ETF	Reduced	18,073,343	-994,130	$682,724,656	−0.3%	2.65%
AOA	iShares Core 80/20 Aggressive Allocation ETF	Added	8,120,765	+242,088	$547,664,391	+6.8%	2.13%
BNDW	Vanguard Total World Bond ETF	Reduced	7,499,595	-40,700	$526,004,869	+8.0%	2.04%
CWI	State Street SPDR MSCI ACWI ex-US ETF	Added	14,780,265	+65,113	$487,917,238	+1.5%	1.90%
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	Added	9,662,513	+706,408	$407,445,679	+13.6%	1.58%
VEU	Vanguard FTSE All-World Ex-US ETF	Reduced	9,623,588	-2,879	$392,132,498	+0.7%	1.52%
AAPL	Apple Inc. Technology	Reduced	1,880,484	-48,294	$364,757,480	+14.7%	1.42%
VCRM	Vanguard Core Tax-Exempt Bond ETF	Added	6,047,111	+408,323	$303,685,914	+6.3%	1.18%
MSFT	Microsoft Corp Technology	Added	734,586	+2,594	$250,155,915	+18.5%	0.97%
BNDC	FlexShares Core Select Bond Fund	Reduced	4,237,836	-37,075	$245,374,580	+5.2%	0.95%
GOOGL	Alphabet Inc. Communication Services	Added	1,394,914	+1,575	$167,415,640	+15.8%	0.65%
BIV	Vanguard Intermediate-Term Bond ETF	Added	2,104,635	+246,937	$155,806,094	+11.4%	0.61%
SPY	Spdr S&P 500 ETF Trust	Reduced	345,015	-6,682	$152,938,249	+6.2%	0.59%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	259,918	-305	$125,372,337	−2.3%	0.49%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	725,398	-10,418	$94,562,882	+24.4%	0.37%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	517,151	-8,844	$75,214,441	+9.7%	0.29%
JNJ	Johnson & Johnson Healthcare	Reduced	381,455	-7,666	$63,138,431	+4.7%	0.25%
UNH	Unitedhealth Group Inc Healthcare	Reduced	117,017	-13,989	$56,243,050	−9.2%	0.22%
META	Meta Platforms, Inc. Communication Services	Reduced	193,750	-6,434	$55,602,374	+31.1%	0.22%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	103,938	+5,780	$54,229,651	−4.1%	0.21%
XOM	ExxonMobil Holdings Corp Energy	Reduced	505,013	-4,171	$54,162,643	−3.0%	0.21%
V	Visa Inc. Financial Services	Added	220,481	+10,412	$52,359,827	+10.6%	0.20%
PEP	Pepsico Inc Consumer Defensive	Reduced	262,909	-2,334	$48,696,004	+0.7%	0.19%
ORCL	Oracle Corp Technology	Added	387,342	+4,139	$46,128,558	+29.5%	0.18%
ADBE	Adobe Inc. Technology	Added	93,399	+10	$45,671,176	+26.9%	0.18%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	294,865	-172	$44,742,814	+2.0%	0.17%
LLY	ELI LILLY & Co Healthcare	Reduced	92,295	-6,650	$43,284,509	+27.4%	0.17%
MRK	Merck & Co., Inc. Healthcare	Reduced	372,740	-11,822	$43,010,467	+5.1%	0.17%
AFK	VanEck Africa Index ETF	Reduced	988,114	-200,834	$42,119,303	−14.0%	0.16%
ACES	ALPS Clean Energy ETF	Reduced	1,027,964	-17,943	$40,352,412	−0.3%	0.16%
NVDA	Nvidia Corp Technology	Added	95,191	+13,780	$40,267,696	+78.1%	0.16%
CVX	Chevron Corp Energy	Reduced	220,884	-1,813	$34,756,097	−4.3%	0.14%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	104,636	-26,905	$32,504,126	−16.3%	0.13%
MA	Mastercard Inc Financial Services	Added	82,346	+6,966	$32,386,681	+18.2%	0.13%
IAU	Ishares Gold Trust	Added	860,540	+4,179	$31,315,050	−2.1%	0.12%
ABBV	AbbVie Inc. Healthcare	Reduced	232,061	-2,125	$31,265,577	−16.2%	0.12%
AVGO	Broadcom Inc. Technology	Reduced	32,436	-518	$28,135,959	+33.1%	0.11%
SPGI	S&P Global Inc. Financial Services	Reduced	68,947	-849	$27,640,161	+14.9%	0.11%
TSLA	Tesla, Inc. Consumer Cyclical	Added	100,536	+9,503	$26,317,308	+39.4%	0.10%
PANW	Palo Alto Networks Inc Technology	Added	102,926	+36,401	$26,298,622	+97.9%	0.10%
RTX	RTX Corp Industrials	Reduced	267,492	-5,503	$26,203,515	−2.0%	0.10%
NOW	ServiceNow, Inc. Technology	Added	43,850	+9,919	$24,642,384	+56.3%	0.10%
VIG	Vanguard Dividend Appreciation ETF	Reduced	268,502	-39,193	$24,482,387	−10.6%	0.10%
SYK	Stryker Corp Healthcare	Added	72,936	+562	$22,252,044	+7.7%	0.09%
SNPS	Synopsys Inc Technology	Reduced	49,817	-1,524	$21,690,819	+9.4%	0.08%
ZTS	Zoetis Inc. Healthcare	Reduced	121,513	-1,457	$20,925,753	+2.2%	0.08%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.