{459d4d49-c6b0-455e-abb4-4b39f156340a}.xlsxD
Physical Address: The Texas Permanent School Fund
400 West 15th Street 11th Floor Austin, Texas 78701-1600
Mailing Address: Texas Education Agency
1701 North Congress Avenue Austin, Texas 78701-1494
http://tea.texas.gov/Finance_and_Grants/Texas_Permanent_School_Fund/Texas_Permanent_ School_Fund_-_Holdings/
EQUITY SECURITIES
Number of Shares Book Value Fair Value Advertising, Media, & Publishing
  AUTO TRADER   GROUP PLC                        198,189 $             1,114,549 $                 1,494,535 BOLLORE SA                        156,205                    983,153                       588,088
CHEIL WORLDWIDE INC                             2,163                      42,012                         33,231   CHINA SOUTH PUBLISHING & MEDIA                        278,392                    473,347                       454,862
  CYFROWY POLSAT SA                           50,645                    244,740                       397,037   DENTSU GROUP INC                           53,000                 1,380,170                    1,391,409
GRUPO TELEVISA SAB                        657,626                 2,983,019                       811,891   HAKUHODO DY HOLDINGS INC                           67,000                    468,739                       833,986
  INFORMA PLC                        309,477                 3,461,559                    1,713,023 JCDECAUX SA                           18,361                    592,465                       351,122   MULTICHOICE GROUP                        109,769                    751,263                       627,788
  PEARSON PLC                        177,525                 2,062,313                    1,329,678   PUBLICIS GROUPE SA                           52,970                 1,996,949                    1,860,574
QUEBECOR INC                           26,838                    629,362                       666,135 RELX PLC                        485,459                 5,250,082                  11,066,341   SCHIBSTED ASA                           26,412                    793,900                    1,053,680
SHAW COMMUNICATIONS INC                       112,421                1,081,828                   2,104,416   TELENET   GROUP   HOLDING NV                           16,087                    592,789                       626,815
THOMSON REUTERS  CORP                           58,460                 2,222,698                   4,473,730 VIVENDI SA                        209,439                 5,273,271                   5,961,390
WOLTERS KLUWER NV                           72,834                 1,234,160                   5,992,881   WPP PLC                        308,593                2,841,574                   2,667,559
Advertising, Media, & Publishing Total                    3,447,865 $           36,473,942 $             46,500,171
Aerospace & Defense AECC AVIATION POWER CO LTD                          26,500                     90,593                      172,572
AIRBUS SE                       138,025                5,861,671                 11,363,488   ASELSAN ELEKTRONIK  SANAYI VE T                        176,410                    547,486                      389,305   AVICHINA INDUSTRY & TECHNOLOGY                       640,000                    482,712                      399,683
BAE SYSTEMS PLC                       832,945                 4,026,837                    5,794,952 DASSAULT AVIATION SA                                816                   987,037                      744,120
ELBIT SYSTEMS LTD                            7,666                   955,720                    1,036,085 KAWASAKI HEAVY INDUSTRIES LTD                          40,880                 1,002,848                       579,016 KOREA AEROSPACE INDUSTRIES LTD                           20,774                    893,239                       392,606
LEONARDO SPA                        120,039                 1,697,305                       813,702 MTU AERO    ENGINES AG                           13,105                 2,363,218                    2,433,222 ROLLSROYCE HOLDINGS PLC                        559,373                 2,561,535                    1,805,773
SAFRAN SA                           79,526                 3,230,963                    9,227,487 THALES SA                           26,830                1,038,892                   2,101,721
Aerospace & Defense Total                    2,682,889 $          25,740,056 $              37,253,732
  Agriculture & Environment   CHAROEN POKPHAND INDONESIA TBK                     2,223,945                    499,375                       962,125
GENTING PLANTATIONS BHD                           74,200                    198,096                       177,061 GUDANG GARAM TBK PT                        161,500                    628,594                       526,785
HANJAYA MANDALA SAMPOERNA TBK                     2,753,300                    792,651                       311,964
Page 1 of 41
TEXAS PERMANENT SCHOOL FUND SCHEDULE OF INVESTMENTS HELD AS OF AUGUST 31, 2020 (Unaudited)
EQUITY SECURITIES
Number of Shares Book Value Fair Value   Agriculture & Environment
IOI CORP BHD                        968,695                 1,011,091                    1,037,182   JAPAN TOBACCO INC                        289,000                 5,253,610                    5,402,824   KT&G CORP                           36,592                 2,150,040                    2,559,808  KUALA   LUMPUR KEPONG BHD                        144,100                    494,615                       783,893
MUYUAN FOODS CO LTD                           79,128                    456,117                    1,013,514   NEW HOPE LIUHE CO LTD                           77,000                    193,293                       426,854
SWEDISH MATCH AB                           36,706                    726,721                    2,794,354   WENS FOODSTUFFS GROUP CO LTD                        108,600                    475,104                       391,003
  Agriculture & Environment Total                     6,952,766 $           12,879,307 $              16,387,367
Banking & Finance 3I GROUP PLC                        246,047                 1,364,002                    3,090,191
ABSA GROUP LTD                        190,898                 2,333,354                       870,471   ABU DHABI COMMERCIAL BANK PJSC                        863,375                 1,979,534                    1,302,179
ACOM CO LTD                        142,200                    387,668                       555,149 AERCAP HOLDINGS  NV                           28,713                 1,135,298                       849,043
AFTERPAY LTD                           50,311                 1,583,642                    3,402,254 AGRICULTURAL BANK OF CHINA LTD                     9,372,900                 4,225,462                    3,300,850
AKBANK T.A.S.                        481,897                 1,314,491                       320,217 AMMB HOLDINGS BHD                        508,162                    481,852                       356,220
AOZORA BANK  LTD                           38,400                    972,558                       689,820   ASX LTD                           57,622                    980,174                    3,721,937
AUSTRALIA & NEW ZEALAND BANKIN                        699,511              10,989,994                    9,456,671 AXIS BANK LTD                        196,028                 6,441,888                    6,618,885
  B3 SA  BRASIL BOLSA BALCAO                        511,715                 3,611,435                    5,484,759 BANCO BILBAO VIZCAYA ARGENTARI                     1,610,203              14,645,574                    4,723,797
BANCO BRADESCO SA                     1,416,057                 8,865,397                    5,255,498  BANCO BTG PACTUAL SA                           56,738                    715,412                       830,814
BANCO DE CHILE                   11,725,253                 1,215,049                       982,534 BANCO DE CREDITO E INVERSIONES                           11,153                    551,648                       352,320
BANCO DO BRASIL SA                        211,125                 2,451,897                    1,256,536   BANCO SANTANDER BRASIL  SA                           80,260                    412,632                       413,743
  BANCO SANTANDER CHILE                   12,341,404                 1,024,293                       475,789   BANCO SANTANDER SA                     3,996,221              32,182,561                    8,903,093
  BANCOLOMBIA SA                        173,812                 2,011,659                    1,223,276 BANGKOK BANK PCL                        135,300                    759,670                       462,991
  BANK CENTRAL ASIA TBK PT                     2,441,700                 2,394,827                    5,260,695 BANK HAPOALIM BM                        296,097                 1,361,099                    1,796,856
BANK    LEUMI LEISRAEL BM                        367,359                 1,171,698                    1,885,157 BANK MANDIRI PERSERO TBK PT                     5,557,624                 1,207,194                    2,270,770
BANK  NEGARA INDONESIA PERSERO                     1,140,030                    468,609                       399,258   BANK OF BEIJING CO LTD                        584,097                    466,438                       414,972
  BANK OF CHINA LTD                   21,436,878                 8,422,828                    7,155,946 BANK OF COMMUNICATIONS CO LTD                    3,246,844                 2,644,010                    1,817,374
BANK OF EAST ASIA LTD/THE                        362,890                 1,006,239                       818,477   BANK OF JIANGSU CO LTD                        511,500                    540,898                       479,056
Page 2 of 41
TEXAS PERMANENT SCHOOL FUND SCHEDULE OF INVESTMENTS HELD AS OF AUGUST 31, 2020 (Unaudited)
EQUITY SECURITIES
Banking & Finance BANK OF KYOTO LTD/THE                           17,400                    768,637                       741,647
  BANK   OF MONTREAL                        172,318                 8,476,400                  10,947,837   BANK   OF   NANJING CO LTD                        631,600                    751,523                       791,481
BANK    OF NINGBO  CO  LTD                        217,798                    834,235                    1,127,944 BANK OF NOVA SCOTIA                        287,850              11,583,470                  12,453,359
  BANK OF SHANGHAI CO LTD ORD                        561,699                    743,908                       689,955   BANK OF THE PHILIPPINE ISLANDS                        311,183                    367,902                       430,015
BANK POLSKA KASA OPIEKI SA                           56,607                 1,818,587                       807,007   BANK RAKYAT   INDONESIA PERSERO                   13,110,400                 1,156,411                    3,160,022
  BANKINTER SA                        181,449                 1,436,808                       978,037   BANQUE CANTONALE VAUDOISE                             7,235                    775,187                       775,365
BARCLAYS PLC                     4,338,275              22,405,506                    6,503,458 BDO UNIBANK INC                        610,038                    915,028                    1,082,052
  BNK   FINANCIAL GROUP INC                           59,135                    673,014                       252,888   BNP PARIBAS SA                        262,356              16,924,401                  11,472,805
  BOC HONG KONG HOLDINGS LTD                        887,500                 2,058,826                    2,519,306 CAIXABANK SA                        901,427                 4,182,571                    1,985,790
CANADIAN IMPERIAL BK OF COMM                        107,770                 6,670,106                    8,565,686 CAPITEC BANK HOLDINGS LTD                           11,237                    469,214                       553,849
 CHAILEASE   HOLDING CO LTD                        316,239                    468,024                    1,395,735   CHANG   HWA COMMERCIAL BANK LTD                       973,552                    497,920                       605,536   CHIBA BANK LTD/THE                        148,900                    909,106                       772,266   CHINA   CINDA   ASSET MANAGEMENT C                     1,622,000                    997,443                       309,744   CHINA   CITIC BANK CORP LTD                     2,251,074                1,505,445                       941,076   CHINA   CONCH VENTURE HOLDINGS L                        406,500                 1,171,598                    1,762,340   CHINA CONSTRUCTION BANK CORP                   23,384,770              16,770,255                  16,565,149   CHINA   DEVELOPMENT FINANCIAL HO                     3,687,224                1,307,590                   1,073,186   CHINA EVERBRIGHT BANK CO LTD                     1,296,400                    683,537                       646,644   CHINA EVERBRIGHT LTD                        294,000                    707,020                       452,941   CHINA GALAXY SECURITIES CO LTD                        771,500                   991,629                       464,882
  CHINA MERCHANTS BANK    CO LTD                     1,238,132                 3,726,537                    6,139,319   CHINA MERCHANTS   SECURITIES CO                        226,720                    467,660                       712,758
  CHINA   MINSHENG BANKING CORP LT                     2,348,286                 1,745,111                    1,556,239 CHONGQING RURAL  COMMERCIAL  BAN                        687,000                    487,270                       280,113
CI FINANCIAL INC                           70,215                 1,192,463                       998,029 CIMB GROUP HOLDINGS BHD                     1,177,045                 1,558,739                       932,481
CITIC LTD                     1,118,000                 2,210,759                    1,019,885 CITIC SECURITIES CO LTD                        505,100                 1,363,487                    1,663,290
COMMERCIAL BANK PSQC/THE                     1,320,270                 1,335,139                    1,506,290 COMMERCIAL INTERNATIONAL BANK                        368,858                    741,626                    1,572,475
COMMERZBANK AG                        231,124                 6,353,731                    1,344,195 COMMONWEALTH  BANK    OF AUSTRALIA                        433,718              14,364,088                  21,901,230 CONCORDIA FINANCIAL  GROUP LTD                        252,367                 1,425,084                       837,693
  CREDICORP LTD                           18,931                 2,637,942                    2,470,117   CREDIT AGRICOLE SA                        245,135                 4,750,776                    2,517,737
CREDIT SUISSE GROUP AG                        592,846              14,125,549                    6,540,432
Page 3 of 41
TEXAS PERMANENT SCHOOL FUND SCHEDULE OF INVESTMENTS HELD AS OF AUGUST 31, 2020 (Unaudited)
EQUITY SECURITIES
Number of Shares Book Value Fair Value Banking & Finance
CRONOS GROUP INC                           66,523                    434,751                       369,133 CSC FINANCIAL CO LTD                           81,600                    333,858                       622,226
CTBC FINANCIAL HOLDING CO LTD                     4,490,553                 1,716,416                    2,900,192   DAIWA SECURITIES GROUP INC                        420,500                 2,743,730                    1,895,412
DANSKE BANK A/S                        174,521                 4,697,287                    2,706,700   DBS GROUP HOLDINGS LTD                        401,224                 3,691,317                    6,158,830
DEUTSCHE BANK AG                        465,934              12,465,247                    4,471,801   DEUTSCHE BOERSE AG                           48,123                 2,913,742                    9,116,348
  DNB ASA                           58,608                    560,596                       946,859 DUBAI ISLAMIC BANK PJSC                     1,112,874                 1,615,827                    1,242,199
  E.SUN   FINANCIAL HOLDING CO LTD                     2,418,338                    734,094                    2,241,835 EAST MONEY INFORMATION CO LTD                        127,100                   447,652                       485,052
EMIRATES NBD BANK PJSC                        431,079                 1,152,768                    1,267,482   ERSTE GROUP BANK AG                           66,088                 2,326,570                    1,610,793
  EVERBRIGHT   SECURITIES CO LTD                        160,269                    243,586                       512,502   FAR EAST HORIZON LTD                        441,000                    363,031                       390,349
FINECOBANK BANCA FINECO SPA                        116,931                 1,242,747                    1,776,014   FIRST   ABU DHABI BANK PJSC                        850,473                 2,909,578                    2,653,423   FIRST   FINANCIAL HOLDING CO LTD                     2,771,518                 1,029,632                    2,007,217
  FIRSTRAND LTD                     1,281,171                 3,244,346                    2,862,382   FUBON   FINANCIAL HOLDING CO LTD                     1,853,947                 1,380,416                    2,704,324
  FUKUOKA FINANCIAL GROUP INC                           43,600                 1,247,364                       721,562 GF SECURITIES CO LTD                        297,800                    810,338                       352,358
  GRUPO   FINANCIERO BANORTE SAB D                        598,430                 2,392,001                    2,069,049 GRUPO  FINANCIERO    INBURSA SAB D                        625,944                 1,210,702                       457,889
  GUOSEN SECURITIES CO LTD                             2,400                        4,223                            4,905 GUOTAI JUNAN SECURITIES CO LTD                        224,300                    492,759                       632,836
  HAITONG SECURITIES CO LTD                        816,400                 1,537,693                       741,593 HANA FINANCIAL GROUP INC                           77,157                 3,029,527                    1,831,659
  HANG SENG BANK LTD                        196,886                 2,844,734                    3,096,766 HONG KONG EXCHANGES & CLEARING                        289,223                 2,603,490                  14,598,948
HONG LEONG BANK BHD                        151,700                    411,039                       509,855 HONG LEONG FINANCIAL GROUP BHD                        102,896                    422,994                       304,822
HSBC HOLDINGS PLC                     4,900,071              51,782,557                  21,660,977   HUA NAN FINANCIAL HOLDINGS  CO                     2,198,436                    868,261                    1,352,411
HUATAI SECURITIES CO LTD                        327,600                    794,074                    1,023,212 ICICI BANK LTD                    1,050,058                7,338,713                  11,277,623
IGM FINANCIAL INC                           31,909                    877,565                       779,511 INDUSTRIAL & COMMERCIAL BANK O                  15,857,126              10,018,910                    9,023,157
INDUSTRIAL BANK CO LTD                        343,700                    857,259                       810,263 INDUSTRIAL BANK OF KOREA                          47,510                    720,952                       323,559
  ING   GROEP NV                       888,732             11,154,980                    7,231,829 INTESA SANPAOLO SPA                     3,622,191             10,785,556                   7,820,053
  ISRAEL DISCOUNT BANK LTD                        363,422                1,400,669                   1,166,680   ITAU UNIBANCO HOLDING SA                     1,190,459                9,017,953                   5,110,430
ITAUSA SA                     1,368,344                4,895,209                   2,352,118
Page 4 of 41
TEXAS PERMANENT SCHOOL FUND SCHEDULE OF INVESTMENTS HELD AS OF AUGUST 31, 2020 (Unaudited)
EQUITY SECURITIES
Number of Shares Book Value Fair Value Banking & Finance
JAPAN EXCHANGE GROUP INC                        148,900                 1,421,749                    3,858,524   JAPAN POST BANK CO LTD                        134,500                 1,597,339                    1,081,885
  JULIUS BAER   GROUP LTD                           51,348                 1,952,679                    2,469,175 KASIKORNBANK PCL                        503,568                 2,206,011                    1,363,181
KB FINANCIAL GROUP INC                           82,891                 5,314,490                    2,571,373   KBC GROUP NV                           60,191                 2,970,260                    3,462,499
KOMERCNI    BANKA AS                           20,885                    718,183                       503,806 KOREA INVESTMENT HOLDINGS  CO  L                           11,330                    551,013                       580,855
  KRUNG THAI BANK PCL                        986,875                    363,503                       302,825 KURITA WATER INDUSTRIES LTD                             5,400                      82,105                       169,060
  LLOYDS BANKING   GROUP PLC                   16,816,732              25,030,109                    6,383,502   MACQUARIE   GROUP LTD                           85,311                 3,254,399                    8,056,816
  MAGELLAN FINANCIAL GROUP LTD                           32,644                 1,121,578                    1,430,406   MALAYAN   BANKING BHD                    1,079,298                2,491,637                   1,899,233
  MASRAF AL RAYAN QSC                     1,036,710                1,610,212                   1,187,333 MBANK SA                            4,135                    523,706                       212,017
MEBUKI FINANCIAL GROUP INC                       208,260                   771,295                       504,718 MEDIOBANCA BANCA DI CREDITO FI                       162,421                1,703,476                    1,414,510
MEGA FINANCIAL HOLDING CO LTD                     2,425,584                1,541,662                   2,418,020   METROPOLITAN BANK &   TRUST CO                        216,995                   210,728                       149,930
  MIRAE   ASSET DAEWOO CO LTD                        103,462                 1,028,379                      809,998 MITSUBISHI UFJ FINANCIAL GROUP                     2,885,348              22,339,965                 12,039,856
MITSUBISHI UFJ LEASE & FINANCE                           84,300                    322,153                       398,268 MIZRAHI TEFAHOT BANK LTD                           52,842                    892,325                    1,078,518
MIZUHO FINANCIAL GROUP INC                     5,630,456              15,715,741                    7,635,057 MOSCOW EXCHANGE MICEXRTS PJSC                        303,490                    571,586                       559,897
 NATIONAL AUSTRALIA   BANK LTD                        767,475             15,577,486                  10,176,819   NATIONAL BANK   OF CANADA                           76,717                 1,647,973                   4,221,658
NATIXIS SA                        288,863                1,427,362                       796,298   NATWEST   GROUP PLC                     1,157,901             17,557,825                    1,748,819
  NEDBANK GROUP LTD                        100,004                1,744,493                       566,628   NH   INVESTMENT & SECURITIES CO                           38,636                    666,358                       291,421
  NOAH   HOLDINGS LTD                             8,541                    511,456                       239,148   NOMURA HOLDINGS INC                        819,900                 7,624,879                    4,209,869
NORDEA BANK ABP                        782,186                 5,892,760                    6,314,667   OLD MUTUAL LTD                 &nb