Avantor Funding, Inc

0001752724-23-269968.txt : 20231128 0001752724-23-269968.hdr.sgml : 20231128 20231128125402 ACCESSION NUMBER: 0001752724-23-269968 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231128 DATE AS OF CHANGE: 20231128 PERIOD START: 20231231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIAA-CREF LIFE FUNDS CENTRAL INDEX KEY: 0001068204 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08961 FILM NUMBER: 231444155 BUSINESS ADDRESS: STREET 1: 730 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-490-9000 MAIL ADDRESS: STREET 1: 730 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TIAA CREF LIFE FUND DATE OF NAME CHANGE: 19980813

0001068204 S000005097 Core Bond Fund

C000013884 Core Bond Fund TLBDX

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B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association (FNMA) 31418EGK0 763926.29000000 PA USD 701706.88000000 0.372049789943 Long ABS-MBS USGSE US N 2 2052-07-01 Fixed 4.50000000 N N N N N N AIR CANADA 4B4HI3CGXMBDC0G6BM51 Air Canada N/A 29625.06000000 PA USD 29686.83000000 0.015740160429 Long LON CORP CA N 2 2028-08-11 Variable 9.12840000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association (FNMA) 3140X45K8 291577.71000000 PA USD 258404.08000000 0.137007611617 Long ABS-MBS USGSE US N 2 2046-07-01 Fixed 3.50000000 N N N N N N CHURCHILL DOWNS INC 529900FODTBQC8MIS994 Churchill Downs, Inc 171484AJ7 150000.00000000 PA USD 141750.00000000 0.075156820073 Long DBT CORP US Y 2 2031-05-01 Fixed 6.75000000 N N N N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 949746TD3 250000.00000000 PA USD 218337.08000000 0.115763814017 Long DBT CORP US N 2 N/A Fixed 3.90000000 N N N N N N LIBERTY MUTUAL GROUP INC QUR0DG15Z6FFGYCHH861 Liberty Mutual Group, Inc 53079EBJ2 100000.00000000 PA USD 67141.79000000 0.035599036546 Long DBT CORP US Y 2 2050-10-15 Fixed 3.95100000 N N N N N N Wells Fargo Commercial Mortgag 549300ZVNWG0TX42H716 Wells Fargo Commercial Mortgage Trust 94989VAZ2 295000.00000000 PA USD 251599.25000000 0.133399644182 Long ABS-MBS CORP US Y 2 2057-09-15 Fixed 3.15300000 N N N N N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 NRG Energy, Inc 629377CE0 50000.00000000 PA USD 46879.83000000 0.024856006690 Long DBT CORP US N 2 2028-01-15 Fixed 5.75000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association (FNMA) 31418EDE7 948456.62000000 PA USD 816751.13000000 0.433047038604 Long ABS-MBS USGSE US N 2 2052-05-01 Fixed 3.50000000 N N N N N N Countrywide Home Loans N/A CHL Mortgage Pass-Through Trust 12669GHG9 5640.92000000 PA USD 5598.80000000 0.002968522075 Long ABS-CBDO CORP US N 2 2035-02-20 Variable 3.85598100 N N N N N N AON CORP/AON GLOBAL HOLD N/A Aon Corp 03740LAG7 250000.00000000 PA USD 239663.97000000 0.127071477046 Long DBT CORP US N 2 2033-02-28 Fixed 5.35000000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc 172967JC6 175000.00000000 PA USD 165919.91000000 0.087971871763 Long DBT CORP US N 2 2026-11-20 Fixed 4.30000000 N N N N N N JP Morgan Mortgage Trust N/A JP Morgan Mortgage Trust 46650HAC2 2126.84000000 PA USD 1918.91000000 0.001017419214 Long ABS-CBDO CORP US Y 2 2049-05-25 Variable 4.00000000 N N N N N N JP Morgan Mortgage Trust N/A JP Morgan Mortgage Trust 46652VBP9 399360.12000000 PA USD 2450.55000000 0.001299298380 Long ABS-CBDO CORP US Y 2 2051-08-25 Variable 0.13154500 N N N N N N AMERICAN WATER CAPITAL C 5IDHQUFVC8Q2KIBBFF06 American Water Capital Corp 03040WAP0 60000.00000000 PA USD 44828.41000000 0.023768329767 Long DBT CORP US N 2 2046-12-01 Fixed 4.00000000 N N N N N N DIRECTV FIN LLC/COINC N/A DIRECTV Holdings LLC 25461LAA0 40000.00000000 PA USD 35367.19000000 0.018751926175 Long DBT CORP US Y 2 2027-08-15 Fixed 5.87500000 N N N N N N JPN BANK FOR INT'L COOP 549300TJ3QFYVCTSCJ29 Japan Bank for International Cooperation 471048AT5 200000.00000000 PA USD 186061.80000000 0.098651239683 Long DBT NUSS JP N 2 2026-04-20 Fixed 2.37500000 N N N N N N SYSCO CORPORATION 5RGWIFLMGH3YS7KWI652 SYSCO Corp 871829BR7 100000.00000000 PA USD 61489.93000000 0.032602381695 Long DBT CORP US N 2 2051-12-14 Fixed 3.15000000 N N N N N N MILEAGE PLUS HOLDINGS IN N/A Mileage Plus Holdings LLC 59921PAB2 18750.00000000 PA USD 19508.53000000 0.010343556113 Long LON CORP US N 2 2027-06-20 Variable 10.79785000 N N N N N N REPUBLIC OF RWANDA 213800DQC28OBRZDYJ87 Rwanda International Government Bond 78347YAL7 275000.00000000 PA USD 212418.25000000 0.112625609845 Long DBT NUSS RW Y 2 2031-08-09 Fixed 5.50000000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 Energy Transfer LP 86765BAV1 25000.00000000 PA USD 20618.72000000 0.010932186449 Long DBT CORP US N 2 2047-10-01 Fixed 5.40000000 N N N N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 UBS Group AG. 902613AL2 200000.00000000 PA USD 129358.51000000 0.068586767273 Long DBT CORP CH Y 2 2043-02-11 Fixed 3.17900000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Government National Mortgage Association (GNMA) 36179WW87 36472.39000000 PA USD 28727.51000000 0.015231522400 Long ABS-MBS USGSE US N 2 2052-02-20 Fixed 2.50000000 N N N N N N New Residential Mortgage Loan N/A New Residential Mortgage Loan Trust 64828EAD7 100000.00000000 PA USD 82608.58000000 0.043799634452 Long ABS-CBDO CORP US Y 2 2059-09-25 Variable 2.98588000 N N N N N N VISA INC 549300JZ4OKEHW3DPJ59 Visa, Inc 92826CAK8 50000.00000000 PA USD 35209.75000000 0.018668450409 Long DBT CORP US N 2 2040-04-15 Fixed 2.70000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Government National Mortgage Association (GNMA) 36291FFA1 3573.89000000 PA USD 3434.62000000 0.001821059028 Long ABS-MBS USGSE US N 2 2034-03-15 Fixed 5.00000000 N N N N N N ALBERTSONS COS/SAFEWAY N/A Albertsons Cos, Inc 01309QAA6 70000.00000000 PA USD 69186.38000000 0.036683092156 Long DBT CORP US Y 2 2028-02-15 Fixed 6.50000000 N N N N N N Freddie Mac - STACR 5493000ISA3AUOXQEF68 Structured Agency Credit Risk Debt Note (STACR) 35564KSJ9 25000.00000000 PA USD 25377.76000000 0.013455462026 Long ABS-CBDO CORP US Y 2 2042-02-25 Variable 10.06495000 N N N N N N HOSTESS BRANDS LLC 549300SW7FLS4O41LD19 Hostess Brands LLC 44108HAJ0 103497.39000000 PA USD 103852.90000000 0.055063518302 Long LON CORP US N 2 2025-08-03 Variable 7.52271000 N N N N N N JPMBB Commercial Mortgage Secu N/A JPMBB Commercial Mortgage Securities Trust 46644RBD6 500000.00000000 PA USD 470953.65000000 0.249702848225 Long ABS-MBS CORP US N 2 2048-05-15 Variable 3.91660000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc 172967PA3 1475000.00000000 PA USD 1470639.00000000 0.779742862193 Long DBT CORP US N 2 2033-11-17 Fixed 6.27000000 N N N N N N PRIME SECSRVC BRW/FINANC N/A Prime Security Services Borrower LLC 74166MAC0 50000.00000000 PA USD 48508.42000000 0.025719496253 Long DBT CORP US Y 2 2026-04-15 Fixed 5.75000000 N N N N N N NXP BV/NXP FDG/NXP USA N/A NXP BV 62954HAY4 100000.00000000 PA USD 85513.36000000 0.045339768687 Long DBT CORP N/A N 2 2030-05-01 Fixed 3.40000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 48128BAF8 100000.00000000 PA USD 96656.97000000 0.051248186970 Long DBT CORP US N 2 N/A Fixed 5.00000000 N N N N N N INTERNATIONAL GAME TECH 549300UQ6KHRCZDRGZ76 International Game Technology plc 460599AF0 20000.00000000 PA USD 18814.32000000 0.009975481220 Long DBT CORP GB Y 2 2026-04-15 Fixed 4.12500000 N N N N N N DB Master Finance LLC 549300F17UZJL70BPB08 DB Master Finance LLC 233046AL5 120000.00000000 PA USD 108409.68000000 0.057479554243 Long ABS-O CORP US Y 2 2049-05-20 Fixed 4.35200000 N N N N N N WEIBO CORP 549300Q9ID4640FE0422 Weibo Corp 948596AE1 200000.00000000 PA USD 156010.43000000 0.082717797651 Long DBT CORP KY N 2 2030-07-08 Fixed 3.37500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association (FNMA) 3140X4GS9 58952.15000000 PA USD 57687.30000000 0.030586201246 Long ABS-MBS USGSE US N 2 2044-11-01 Fixed 5.00000000 N N N N N N REPUBLIC OF ECUADOR 5299003Y2U5XK0A35H71 Ecuador Government International Bond ZO2094456 79525.00000000 PA USD 40430.57000000 0.021436564902 Long DBT NUSS EC Y 2 2030-07-31 Fixed 5.00000000 N N N N N N TRANSOCEAN INC DOL4HJ22ADYSIWES4H94 Transocean, Inc 893830BX6 19000.00000000 PA USD 19427.50000000 0.010300593453 Long DBT CORP KY Y 2 2030-02-15 Fixed 8.75000000 N N N N N N KESTREL BIDCO INC 5493009TSX7LVAH8LA03 Kestrel Bidco, Inc N/A 621752.40000000 PA USD 610094.54000000 0.323476300321 Long LON CORP CA N 2 2026-12-11 Variable 8.41972000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association (FNMA) 3138EJFR4 81850.74000000 PA USD 75444.59000000 0.040001237926 Long ABS-MBS USGSE US N 2 2032-06-01 Fixed 3.50000000 N N N N N N STAPLES INC XQM2JINI1UL7642TU573 Staples, Inc 855030AN2 50000.00000000 PA USD 41117.16000000 0.021800599619 Long DBT CORP US Y 2 2026-04-15 Fixed 7.50000000 N N N N N N JP Morgan Mortgage Trust N/A JP Morgan Mortgage Trust 46653QBP9 59885.87000000 PA USD 44071.35000000 0.023366931374 Long ABS-CBDO CORP US Y 2 2052-05-25 Variable 2.50000000 N N N N N N DUN & BRADSTREET CORP RI37BMPWE56BCJ747E14 Dun & Bradstreet Corp 26483NAT7 70404.46000000 PA USD 70382.28000000 0.037317166520 Long LON CORP US N 2 2026-02-08 Variable 8.16745000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 Morgan Stanley 61761J3R8 575000.00000000 PA USD 534057.26000000 0.283160814100 Long DBT CORP US N 2 2026-07-27 Fixed 3.12500000 N N N N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 Bank of America Corp 06051GLH0 500000.00000000 PA USD 465255.48000000 0.246681639495 Long DBT CORP US N 2 2034-04-25 Fixed 5.28800000 N N N N N N ENTERPRISE PRODUCTS OPER 5493004LGN656HWLDA30 Enterprise Products Operating LLC 29379VCB7 25000.00000000 PA USD 16267.69000000 0.008625240566 Long DBT CORP US N 2 2053-02-15 Fixed 3.30000000 N N N N N N INSTRUCTURE HOLDINGS INC N/A Instructure Holdings, Inc 45783UAB7 38209.06000000 PA USD 38185.37000000 0.020246144497 Long LON CORP US N 2 2028-10-30 Variable 8.67920000 N N N N N N ZF NA CAPITAL 529900JYGMS9CW9IQX78 ZF North America Capital, Inc 98877DAD7 150000.00000000 PA USD 146771.22000000 0.077819105280 Long DBT CORP US Y 2 2028-04-14 Fixed 6.87500000 N N N N N N ABBVIE INC FR5LCKFTG8054YNNRU85 AbbVie, Inc 00287YCA5 275000.00000000 PA USD 224983.57000000 0.119287828500 Long DBT CORP US N 2 2039-11-21 Fixed 4.05000000 N N N N N N VERISK ANALYTICS INC 549300I1YSWNIRKBWP67 Verisk Analytics, Inc 92345YAG1 75000.00000000 PA USD 50306.58000000 0.026672892991 Long DBT CORP US N 2 2050-05-15 Fixed 3.62500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association (FNMA) 3136BCHU7 478426.56000000 PA USD 67438.53000000 0.035756370125 Long ABS-CBDO USGSE US N 2 2050-11-25 Fixed 2.50000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46647PDR4 650000.00000000 PA USD 616379.95000000 0.326808867717 Long DBT CORP US N 2 2034-06-01 Fixed 5.35000000 N N N N N N COSTA RICA GOVERNMENT 549300S1EK2VN6XVJP58 Costa Rica Government International Bond 221597BT3 200000.00000000 PA USD 165443.97000000 0.087719525118 Long DBT NUSS CR Y 2 2043-04-30 Fixed 5.62500000 N N N N N N INDIAN RAILWAY FINANCE 335800F2JHSOGXQEBY56 Indian Railway Finance Corp Ltd 45434L2A1 200000.00000000 PA USD 169036.58000000 0.089624351526 Long DBT CORP IN Y 2 2030-02-13 Fixed 3.24900000 N N N N N N GS Mortgage-Backed Securities N/A GS Mortgage-Backed Securities Trust 36262WAD8 153872.65000000 PA USD 113238.33000000 0.060039737518 Long ABS-CBDO CORP US Y 2 2052-01-25 Variable 2.50000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAE1 150000.00000000 PA USD 133690.56000000 0.070883649830 Long DBT CORP NL N 2 2026-10-01 Fixed 3.15000000 N N N N N N Onslow Bay Financial LLC N/A OBX Trust 67112FAD2 13148.91000000 PA USD 12522.90000000 0.006639727281 Long ABS-CBDO CORP US Y 2 2057-06-25 Variable 4.65825000 N N N N N N CANADIAN PACIFIC RAILWAY 54930036474DURYNB481 Canadian Pacific Railway Co 13648TAA5 275000.00000000 PA USD 222112.54000000 0.117765588746 Long DBT CORP CA N 2 2030-03-05 Fixed 2.05000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association (FNMA) 31418EMS6 9586.57000000 PA USD 9051.06000000 0.004798933953 Long ABS-MBS USGSE US N 2 2053-01-01 Fixed 5.00000000 N N N N N N WARNERMEDIA HOLDINGS INC 549300DXR29GD4N0A520 Warnermedia Holdings, Inc 55903VBB8 100000.00000000 PA USD 89096.12000000 0.047239372557 Long DBT CORP US N 2 2029-03-15 Fixed 4.05400000 N N N N N N Settlement Fee Finance LLC N/A Settlement Fee Finance LLC 81784RAA0 193033.51000000 PA USD 189151.86000000 0.100289610642 Long ABS-O CORP US Y 2 2049-11-01 Fixed 3.84000000 N N N N N N Fannie Mae - CAS B1V7KEBTPIMZEU4LTD58 Connecticut Avenue Securities Trust 20753YCK6 310000.00000000 PA USD 315106.57000000 0.167071659862 Long ABS-CBDO CORP US Y 2 2042-03-25 Variable 8.41495000 N N N N N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 NRG Energy, Inc 629377CP5 85000.00000000 PA USD 72051.68000000 0.038202293825 Long DBT CORP US Y 2 2027-12-02 Fixed 2.45000000 N N N N N N NATWEST GROUP PLC 2138005O9XJIJN4JPN90 NatWest Group plc 639057AF5 200000.00000000 PA USD 193522.92000000 0.102607176568 Long DBT CORP GB N 2 2028-09-30 Fixed 5.51600000 N N N N N N CNT HOLDINGS I CORP 254900SYIEHMSB69WT08 CNT Holdings I Corp 12656AAC3 62581.12000000 PA USD 62452.52000000 0.033112753501 Long LON CORP US N 2 2027-11-08 Variable 8.79950000 N N N N N N 2023-09-30 TIAA-CREF Life Funds E. Scott Wickerham E. Scott Wickerham Principal Financial Officer, Principal Accounting Officer and Treasurer XXXX NPORT-EX 2 tiaa_C274.htm

Portfolio

of

Investments

TIAA-CREF

Life

Growth

Equity

Fund

September

30,

2023

1

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

100.0%

COMMON

STOCKS

-

100.0%

AUTOMOBILES

&

COMPONENTS

-

1

.5

%

8,221

(a)

Tesla,

Inc

$

2,057,059‌

TOTAL

AUTOMOBILES

&

COMPONENTS

2,057,059‌

CAPITAL

GOODS

-

3

.3

%

12,503

(a)

Boeing

Co

2,396,575‌

2,865

Deere

&

Co

1,081,194‌

2,127

Honeywell

International,

Inc

392,942‌

4,058

Safran

S.A.

635,926‌

TOTAL

CAPITAL

GOODS

4,506,637‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.5

%

19,648

Experian

Group

Ltd

642,638‌

2,420

Verisk

Analytics,

Inc

571,701‌

6,617

Waste

Connections,

Inc

888,663‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

2,103,002‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

11

.7

%

113,207

(a)

Amazon.com,

Inc

14,390,874‌

20,216

TJX

Cos,

Inc

1,796,798‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

16,187,672‌

CONSUMER

DURABLES

&

APPAREL

-

0

.9

%

1,539

Kering

699,264‌

99,000

PRADA

S.p.A

580,195‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

1,279,459‌

CONSUMER

SERVICES

-

5

.2

%

1,046

(a)

Booking

Holdings,

Inc

3,225,812‌

41,249

(a)

Carnival

Corp

565,936‌

5,698

(a)

Flutter

Entertainment

plc

927,100‌

22,247

Las

Vegas

Sands

Corp

1,019,803‌

16,263

Starbucks

Corp

1,484,324‌

TOTAL

CONSUMER

SERVICES

7,222,975‌

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

2

.1

%

5,219

Costco

Wholesale

Corp

2,948,526‌

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

2,948,526‌

ENERGY

-

1

.5

%

8,953

ConocoPhillips

1,072,569‌

4,525

Pioneer

Natural

Resources

Co

1,038,714‌

TOTAL

ENERGY

2,111,283‌

FINANCIAL

SERVICES

-

6

.0

%

367

(a),(b)

Adyen

NV

272,106‌

4,293

American

Express

Co

640,473‌

77,546

(a)

Grab

Holdings

Ltd

274,513‌

6,660

London

Stock

Exchange

Group

plc

667,504‌

32,500

(a)

PayPal

Holdings,

Inc

1,899,950‌

1,984

S&P

Global,

Inc

724,973‌

16,401

Visa,

Inc

(Class

A)

3,772,394‌

TOTAL

FINANCIAL

SERVICES

8,251,913‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.8

%

54,541

Davide

Campari-Milano

NV

642,074‌

TIAA-CREF

Life

Growth

Equity

Fund

September

30,

2023

2

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

33,740

(a)

Monster

Beverage

Corp

$

1,786,533‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

2,428,607‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

6

.1

%

3,962

(a)

Align

Technology,

Inc

1,209,678‌

12,293

(a)

DexCom,

Inc

1,146,937‌

4,041

Essilor

International

S.A.

702,914‌

5,999

(a)

Intuitive

Surgical,

Inc

1,753,448‌

5,429

UnitedHealth

Group,

Inc

2,737,248‌

4,621

(a)

Veeva

Systems,

Inc

940,142‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

8,490,367‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.6

%

7,154

Estee

Lauder

Cos

(Class

A)

1,034,111‌

62,445

Kenvue,

Inc

1,253,895‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

2,288,006‌

INSURANCE

-

0

.4

%

9,876

American

International

Group,

Inc

598,486‌

TOTAL

INSURANCE

598,486‌

MATERIALS

-

1

.5

%

11,587

Corteva,

Inc

592,791‌

3,904

Linde

plc

1,453,654‌

TOTAL

MATERIALS

2,046,445‌

MEDIA

&

ENTERTAINMENT

-

12

.3

%

57,037

(a)

Alphabet,

Inc

7,520,328‌

33,005

(a)

Match

Group,

Inc

1,292,971‌

22,858

(a)

Meta

Platforms,

Inc

6,862,200‌

8,068

NetEase,

Inc

(ADR)

808,091‌

10,512

(a)

ROBLOX

Corp

304,428‌

3,300

(a)

Walt

Disney

Co

267,465‌

TOTAL

MEDIA

&

ENTERTAINMENT

17,055,483‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

4

.3

%

5,908

AbbVie,

Inc

880,647‌

2,903

Amgen,

Inc

780,210‌

9,081

Gilead

Sciences,

Inc

680,530‌

3,130

(a)

Illumina,

Inc

429,686‌

20,166

Novo

Nordisk

A.S.

1,836,138‌

7,510

Zoetis,

Inc

1,306,590‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

5,913,801‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

9

.3

%

16,486

Applied

Materials,

Inc

2,282,487‌

4,268

Broadcom,

Inc

3,544,916‌

7,015

Intel

Corp

249,383‌

15,773

Nvidia

Corp

6,861,097‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

12,937,883‌

SOFTWARE

&

SERVICES

-

20

.7

%

1,337

Accenture

plc

410,606‌

5,353

(a)

Atlassian

Corp

Ltd

1,078,683‌

4,675

Intuit,

Inc

2,388,645‌

46,231

Microsoft

Corp

14,597,438‌

7,863

Oracle

Corp

832,849‌

5,764

(a)

Palo

Alto

Networks,

Inc

1,351,312‌

2,669

Roper

Industries,

Inc

1,292,543‌

15,658

(a)

Salesforce,

Inc

3,175,129‌

2,103

(a)

ServiceNow,

Inc

1,175,493‌

2,347

(a)

Synopsys,

Inc

1,077,203‌

3

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

5,993

(a)

Workday,

Inc

$

1,287,596‌

TOTAL

SOFTWARE

&

SERVICES

28,667,497‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

6

.3

%

50,763

Apple,

Inc

8,691,133‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

8,691,133‌

TRANSPORTATION

-

2

.0

%

61,693

(a)

Uber

Technologies,

Inc

2,837,261‌

TOTAL

TRANSPORTATION

2,837,261‌

TOTAL

COMMON

STOCKS

138,623,495‌

(Cost

$85,684,782)

TOTAL

LONG-TERM

INVESTMENTS

138,623,495‌

(Cost

$85,684,782)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.4%

REPURCHASE

AGREEMENT

-

0

.4

%

$

533,000

(c)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

533,000‌

TOTAL

REPURCHASE

AGREEMENT

533,000‌

TOTAL

SHORT-TERM

INVESTMENTS

533,000‌

(Cost

$533,000)

TOTAL

INVESTMENTS

-

100.4%

139,156,495‌

(Cost

$86,217,782)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.4)%

(

579,019‌

)

NET

ASSETS

-

100.0%

$

138,577,476‌

ADR

American

Depositary

Receipt

(a)

Non-income

producing

(b)

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

(c)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$533,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$543,672.

TIAA-CREF

Life

Growth

&

Income

Fund

September

30,

2023

Portfolio

of

Investments

4

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

100.2%

COMMON

STOCKS

-

100.2%

AUTOMOBILES

&

COMPONENTS

-

2

.3

%

60,927

BorgWarner,

Inc

$

2,459,623‌

5,362

(a)

Tesla,

Inc

1,341,680‌

TOTAL

AUTOMOBILES

&

COMPONENTS

3,801,303‌

BANKS

-

1

.7

%

68,310

Wells

Fargo

&

Co

2,791,147‌

TOTAL

BANKS

2,791,147‌

CAPITAL

GOODS

-

7

.5

%

14,525

Dover

Corp

2,026,383‌

10,682

Honeywell

International,

Inc

1,973,393‌

8,548

Hubbell,

Inc

2,679,029‌

4,604

United

Rentals,

Inc

2,046,800‌

2,734

W.W.

Grainger,

Inc

1,891,490‌

18,183

Westinghouse

Air

Brake

Technologies

Corp

1,932,307‌

TOTAL

CAPITAL

GOODS

12,549,402‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

8

.0

%

52,240

(a)

Amazon.com,

Inc

6,640,749‌

11,042

Home

Depot,

Inc

3,336,451‌

16,002

Lowe's

Cos,

Inc

3,325,855‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

13,303,055‌

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

0

.5

%

1,628

Costco

Wholesale

Corp

919,755‌

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

919,755‌

ENERGY

-

6

.1

%

18,715

Chevron

Corp

3,155,723‌

12,556

EOG

Resources,

Inc

1,591,599‌

32,586

Exxon

Mobil

Corp

3,831,462‌

10,955

Valero

Energy

Corp

1,552,433‌

TOTAL

ENERGY

10,131,217‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

1

.9

%

29,117

Simon

Property

Group,

Inc

3,145,510‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

3,145,510‌

FINANCIAL

SERVICES

-

10

.1

%

10,759

American

Express

Co

1,605,135‌

11,640

Ameriprise

Financial,

Inc

3,837,475‌

16,544

Ares

Management

Corp

1,701,881‌

68,561

Bank

of

New

York

Mellon

Corp

2,924,127‌

8,159

Mastercard,

Inc

(Class

A)

3,230,230‌

15,523

Visa,

Inc

(Class

A)

3,570,445‌

TOTAL

FINANCIAL

SERVICES

16,869,293‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

10

.1

%

24,083

Abbott

Laboratories

2,332,438‌

31,098

(a)

Boston

Scientific

Corp

1,641,974‌

35,163

Cardinal

Health,

Inc

3,052,852‌

11,291

Cigna

Group

3,230,016‌

13,411

Laboratory

Corp

of

America

Holdings

2,696,282‌

5

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

7,731

UnitedHealth

Group,

Inc

$

3,897,893‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

16,851,455‌

INSURANCE

-

5

.6

%

59,943

American

International

Group,

Inc

3,632,546‌

26,820

(a)

Arch

Capital

Group

Ltd

2,137,822‌

17,239

Chubb

Ltd

3,588,815‌

TOTAL

INSURANCE

9,359,183‌

MATERIALS

-

2

.2

%

28,257

Corteva,

Inc

1,445,628‌

6,173

Linde

plc

2,298,517‌

TOTAL

MATERIALS

3,744,145‌

MEDIA

&

ENTERTAINMENT

-

7

.7

%

27,844

(a)

Alphabet,

Inc

3,671,231‌

30,942

(a)

Alphabet,

Inc

(Class

A)

4,049,070‌

17,037

(a)

Meta

Platforms,

Inc

5,114,678‌

TOTAL

MEDIA

&

ENTERTAINMENT

12,834,979‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

4

.8

%

55,376

Bristol-Myers

Squibb

Co

3,214,023‌

46,188

Merck

&

Co,

Inc

4,755,055‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

7,969,078‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

8

.4

%

3,880

Broadcom,

Inc

3,222,650‌

3,498

Lam

Research

Corp

2,192,442‌

14,511

Nvidia

Corp

6,312,140‌

20,882

QUALCOMM,

Inc

2,319,155‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

14,046,387‌

SOFTWARE

&

SERVICES

-

12

.4

%

40,884

Microsoft

Corp

12,909,123‌

38,410

Oracle

Corp

4,068,387‌

7,577

(a)

Palo

Alto

Networks,

Inc

1,776,352‌

4,155

(a)

Synopsys,

Inc

1,907,020‌

TOTAL

SOFTWARE

&

SERVICES

20,660,882‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

7

.9

%

68,465

Apple,

Inc

11,721,892‌

7,904

(a)

Arista

Networks,

Inc

1,453,783‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

13,175,675‌

UTILITIES

-

3

.0

%

31,422

Alliant

Energy

Corp

1,522,396‌

21,559

American

Electric

Power

Co,

Inc

1,621,668‌

33,218

NextEra

Energy,

Inc

1,903,059‌

TOTAL

UTILITIES

5,047,123‌

TOTAL

COMMON

STOCKS

167,199,589‌

(Cost

$124,047,855)

TOTAL

LONG-TERM

INVESTMENTS

167,199,589‌

(Cost

$124,047,855)

TIAA-CREF

Life

Growth

&

Income

Fund

September

30,

2023

6

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SHORT-TERM

INVESTMENTS

-

0.1%

REPURCHASE

AGREEMENT

-

0

.1

%

$

202,000

(b)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

$

202,000‌

TOTAL

REPURCHASE

AGREEMENT

202,000‌

TOTAL

SHORT-TERM

INVESTMENTS

202,000‌

(Cost

$202,000)

TOTAL

INVESTMENTS

-

100.3%

167,401,589‌

(Cost

$124,249,855)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.3)%

(

556,428‌

)

NET

ASSETS

-

100.0%

$

166,845,161‌

REIT

Real

Estate

Investment

Trust

(a)

Non-income

producing

(b)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$202,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.125%

and

maturity

date

8/31/30,

valued

at

$206,045.

Portfolio

of

Investments

TIAA-CREF

Life

Large-Cap

Value

Fund

September

30,

2023

7

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

99.5%

COMMON

STOCKS

-

99.5%

BANKS

-

8

.6

%

48,149

Bank

of

America

Corp

$

1,318,320‌

18,485

JPMorgan

Chase

&

Co

2,680,695‌

5,447

PNC

Financial

Services

Group,

Inc

668,728‌

7,955

Truist

Financial

Corp

227,592‌

37,892

Wells

Fargo

&

Co

1,548,267‌

TOTAL

BANKS

6,443,602‌

CAPITAL

GOODS

-

10

.4

%

2,972

Allegion

plc

309,682‌

4,247

(a)

Boeing

Co

814,065‌

1,389

Deere

&

Co

524,181‌

5,673

Dover

Corp

791,440‌

4,998

Eaton

Corp

plc

1,065,973‌

6,398

Honeywell

International,

Inc

1,181,967‌

7,603

Masco

Corp

406,380‌

2,684

Parker-Hannifin

Corp

1,045,472‌

15,374

RTX

Corp

1,106,467‌

2,372

Trane

Technologies

plc

481,303‌

TOTAL

CAPITAL

GOODS

7,726,930‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

0

.3

%

682

Home

Depot,

Inc

206,073‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

206,073‌

CONSUMER

DURABLES

&

APPAREL

-

1

.2

%

145

(a)

NVR,

Inc

864,678‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

864,678‌

CONSUMER

SERVICES

-

3

.1

%

155

(a)

Booking

Holdings,

Inc

478,012‌

6,916

Hilton

Worldwide

Holdings,

Inc

1,038,645‌

3,032

McDonald's

Corp

798,750‌

TOTAL

CONSUMER

SERVICES

2,315,407‌

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

1

.9

%

8,947

Walmart,

Inc

1,430,894‌

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

1,430,894‌

ENERGY

-

9

.9

%

8,390

Chevron

Corp

1,414,722‌

13,485

ConocoPhillips

1,615,503‌

10,493

EOG

Resources,

Inc

1,330,093‌

17,530

Exxon

Mobil

Corp

2,061,177‌

6,577

Valero

Energy

Corp

932,027‌

TOTAL

ENERGY

7,353,522‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

1

.3

%

8,865

Prologis,

Inc

994,742‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

994,742‌

FINANCIAL

SERVICES

-

9

.2

%

6,039

American

Express

Co

900,959‌

5,286

(a)

Berkshire

Hathaway,

Inc

1,851,686‌

1,137

BlackRock,

Inc

735,059‌

13,198

Charles

Schwab

Corp

724,570‌

TIAA-CREF

Life

Large-Cap

Value

Fund

September

30,

2023

8

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FINANCIAL

SERVICES—continued

8,641

(a)

Fiserv,

Inc

$

976,087‌

3,196

Goldman

Sachs

Group,

Inc

1,034,130‌

5,601

Intercontinental

Exchange,

Inc

616,222‌

TOTAL

FINANCIAL

SERVICES

6,838,713‌

FOOD,

BEVERAGE

&

TOBACCO

-

2

.2

%

10,033

Mondelez

International,

Inc

696,290‌

10,458

Philip

Morris

International,

Inc

968,202‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

1,664,492‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

8

.2

%

11,013

Abbott

Laboratories

1,066,609‌

3,812

Cigna

Group

1,090,499‌

2,417

Elevance

Health,

Inc

1,052,410‌

3,588

HCA,

Inc

882,576‌

11,872

Medtronic

plc

930,290‌

2,176

UnitedHealth

Group,

Inc

1,097,118‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

6,119,502‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

2

.3

%

28,345

Kenvue,

Inc

569,168‌

7,822

Procter

&

Gamble

Co

1,140,917‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

1,710,085‌

INSURANCE

-

5

.4

%

18,794

American

International

Group,

Inc

1,138,916‌

6,303

Chubb

Ltd

1,312,159‌

4,706

Marsh

&

McLennan

Cos,

Inc

895,552‌

11,219

Metlife,

Inc

705,787‌

TOTAL

INSURANCE

4,052,414‌

MATERIALS

-

5

.2

%

3,386

Celanese

Corp

(Series

A)

425,011‌

8,665

Crown

Holdings,

Inc

766,679‌

12,476

DuPont

de

Nemours,

Inc

930,585‌

3,847

Linde

plc

1,432,430‌

1,152

Reliance

Steel

&

Aluminum

Co

302,089‌

TOTAL

MATERIALS

3,856,794‌

MEDIA

&

ENTERTAINMENT

-

3

.5

%

4,216

(a)

Alphabet,

Inc

555,880‌

28,395

Comcast

Corp

(Class

A)

1,259,034‌

9,825

(a)

Walt

Disney

Co

796,316‌

TOTAL

MEDIA

&

ENTERTAINMENT

2,611,230‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.0

%

4,186

AbbVie,

Inc

623,965‌

3,210

Danaher

Corp

796,401‌

9,860

Gilead

Sciences,

Inc

738,908‌

13,318

Johnson

&

Johnson

2,074,278‌

11,369

Merck

&

Co,

Inc

1,170,439‌

9,731

Sanofi

(ADR)

521,971‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

5,925,962‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

5

.6

%

4,225

Analog

Devices,

Inc

739,755‌

6,021

Applied

Materials,

Inc

833,608‌

617

Broadcom,

Inc

512,468‌

9,039

Intel

Corp

321,336‌

707

Lam

Research

Corp

443,126‌

8,929

Micron

Technology,

Inc

607,440‌

9

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

3,530

NXP

Semiconductors

NV

$

705,718‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

4,163,451‌

SOFTWARE

&

SERVICES

-

3

.4

%

2,018

Accenture

plc

619,748‌

2,490

Microsoft

Corp

786,217‌

10,725

Oracle

Corp

1,135,992‌

TOTAL

SOFTWARE

&

SERVICES

2,541,957‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

2

.6

%

18,324

Cisco

Systems,

Inc

985,098‌

7,938

TE

Connectivity

Ltd

980,581‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,965,679‌

TELECOMMUNICATION

SERVICES

-

1

.2

%

6,454

(a)

T-Mobile

US,

Inc

903,883‌

TOTAL

TELECOMMUNICATION

SERVICES

903,883‌

TRANSPORTATION

-

2

.9

%

15,994

(a),(b),(c)

AMR

Corporation

160‌

18,357

CSX

Corp

564,478‌

4,820

Union

Pacific

Corp

981,496‌

3,901

United

Parcel

Service,

Inc

(Class

B)

608,049‌

TOTAL

TRANSPORTATION

2,154,183‌

UTILITIES

-

3

.1

%

8,251

Ameren

Corp

617,422‌

7,752

American

Electric

Power

Co,

Inc

583,106‌

12,878

Dominion

Energy,

Inc

575,260‌

9,617

NextEra

Energy,

Inc

550,958‌

TOTAL

UTILITIES

2,326,746‌

TOTAL

COMMON

STOCKS

74,170,939‌

(Cost

$52,761,984)

TOTAL

LONG-TERM

INVESTMENTS

74,170,939‌

(Cost

$52,761,984)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.9%

REPURCHASE

AGREEMENT

-

0

.9

%

$

650,000

(d)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

650,000‌

TOTAL

REPURCHASE

AGREEMENT

650,000‌

TOTAL

SHORT-TERM

INVESTMENTS

650,000‌

(Cost

$650,000)

TOTAL

INVESTMENTS

-

100.4%

74,820,939‌

(Cost

$53,411,984)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.4)%

(

292,207‌

)

NET

ASSETS

-

100.0%

$

74,528,732‌

ADR

American

Depositary

Receipt

REIT

Real

Estate

Investment

Trust

(a)

Non-income

producing

(b)

For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

3.

(c)

In

bankruptcy

(d)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$650,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$663,049.

TIAA-CREF

Life

Real

Estate

Securities

Fund

September

30,

2023

Portfolio

of

Investments

10

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

99.4%

COMMON

STOCKS

-

99.4%

DATA

CENTER

REITS

-

10

.4

%

21,800

Digital

Realty

Trust,

Inc

$

2,638,236‌

5,150

Equinix,

Inc

3,740,239‌

TOTAL

DATA

CENTER

REITS

6,378,475‌

HEALTH

CARE

REITS

-

7

.1

%

37,000

Healthpeak

Properties,

Inc

679,320‌

24,200

Ventas,

Inc

1,019,546‌

32,800

Welltower,

Inc

2,686,976‌

TOTAL

HEALTH

CARE

REITS

4,385,842‌

HOTEL

&

RESORT

REITS

-

2

.5

%

59,500

Host

Marriott

Corp

956,165‌

7,000

Ryman

Hospitality

Properties,

Inc

582,960‌

TOTAL

HOTEL

&

RESORT

REITS

1,539,125‌

INDUSTRIAL

REITS

-

19

.7

%

4,600

EastGroup

Properties,

Inc

766,038‌

69,000

Prologis,

Inc

7,742,490‌

43,700

Rexford

Industrial

Realty,

Inc

2,156,595‌

25,400

Terreno

Realty

Corp

1,442,720‌

TOTAL

INDUSTRIAL

REITS

12,107,843‌

MULTI-FAMILY

RESIDENTIAL

REITS

-

10

.3

%

15,000

AvalonBay

Communities,

Inc

2,576,100‌

18,400

Equity

Residential

1,080,264‌

4,600

Essex

Property

Trust,

Inc

975,614‌

34,500

Independence

Realty

Trust,

Inc

485,415‌

9,200

Mid-America

Apartment

Communities,

Inc

1,183,580‌

TOTAL

MULTI-FAMILY

RESIDENTIAL

REITS

6,300,973‌

OFFICE

REITS

-

2

.8

%

7,500

Alexandria

Real

Estate

Equities,

Inc

750,750‌

8,700

Boston

Properties,

Inc

517,476‌

3,500

SL

Green

Realty

Corp

130,550‌

14,000

Vornado

Realty

Trust

317,520‌

TOTAL

OFFICE

REITS

1,716,296‌

OTHER

SPECIALIZED

REITS

-

5

.3

%

23,000

Gaming

and

Leisure

Properties,

Inc

1,047,650‌

75,800

VICI

Properties,

Inc

2,205,780‌

TOTAL

OTHER

SPECIALIZED

REITS

3,253,430‌

RETAIL

REITS

-

16

.2

%

9,700

Agree

Realty

Corp

535,828‌

48,600

Brixmor

Property

Group,

Inc

1,009,908‌

69,400

Kimco

Realty

Corp

1,220,746‌

46,000

Kite

Realty

Group

Trust

985,320‌

31,100

Realty

Income

Corp

1,553,134‌

26,500

Regency

Centers

Corp

1,575,160‌

28,800

Simon

Property

Group,

Inc

3,111,264‌

TOTAL

RETAIL

REITS

9,991,360‌

SELF

STORAGE

REITS

-

4

.4

%

7,500

Extra

Space

Storage,

Inc

911,850‌

11

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SELF

STORAGE

REITS—continued

6,900

Public

Storage,

Inc

$

1,818,288‌

TOTAL

SELF

STORAGE

REITS

2,730,138‌

SINGLE-FAMILY

RESIDENTIAL

REITS

-

9

.0

%

54,900

American

Homes

4

Rent

1,849,581‌

26,500

Equity

Lifestyle

Properties,

Inc

1,688,315‌

10,000

Invitation

Homes,

Inc

316,900‌

14,400

Sun

Communities,

Inc

1,704,096‌

TOTAL

SINGLE-FAMILY

RESIDENTIAL

REITS

5,558,892‌

TELECOM

TOWER

REITS

-

9

.8

%

22,400

American

Tower

Corp

3,683,680‌

15,500

Crown

Castle,

Inc

1,426,465‌

4,600

SBA

Communications

Corp

920,782‌

TOTAL

TELECOM

TOWER

REITS

6,030,927‌

TIMBER

REITS

-

1

.9

%

38,200

Weyerhaeuser

Co

1,171,212‌

TOTAL

TIMBER

REITS

1,171,212‌

TOTAL

COMMON

STOCKS

61,164,513‌

(Cost

$45,837,964)

TOTAL

LONG-TERM

INVESTMENTS

61,164,513‌

(Cost

$45,837,964)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.7%

REPURCHASE

AGREEMENT

-

0

.7

%

$

445,000

(a)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

445,000‌

TOTAL

REPURCHASE

AGREEMENT

445,000‌

TOTAL

SHORT-TERM

INVESTMENTS

445,000‌

(Cost

$445,000)

TOTAL

INVESTMENTS

-

100.1%

61,609,513‌

(Cost

$46,282,964)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.1)%

(

45,562‌

)

NET

ASSETS

-

100.0%

$

61,563,951‌

REIT

Real

Estate

Investment

Trust

(a)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$445,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$453,990.

TIAA-CREF

Life

Small-Cap

Equity

Fund

September

30,

2023

Portfolio

of

Investments

12

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

98.0%

COMMON

STOCKS

-

98.0%

AUTOMOBILES

&

COMPONENTS

-

1

.5

%

6,450

(a)

Adient

plc

$

236,715‌

2,489

(a)

Fox

Factory

Holding

Corp

246,610‌

3,030

(a)

Gentherm,

Inc

164,408‌

5,561

(a)

Modine

Manufacturing

Co

254,416‌

TOTAL

AUTOMOBILES

&

COMPONENTS

902,149‌

BANKS

-

8

.0

%

4,206

Ameris

Bancorp

161,468‌

4,993

(a)

Axos

Financial,

Inc

189,035‌

6,227

Bank

of

NT

Butterfield

&

Son

Ltd

168,627‌

3,429

Banner

Corp

145,321‌

11,575

Brookline

Bancorp,

Inc

105,448‌

6,041

Cadence

Bank

128,190‌

6,176

Cathay

General

Bancorp

214,678‌

3,306

Central

Pacific

Financial

Corp

55,144‌

5,285

Columbia

Banking

System,

Inc

107,285‌

4,516

ConnectOne

Bancorp,

Inc

80,520‌

6,425

(a)

Customers

Bancorp,

Inc

221,341‌

9,972

CVB

Financial

Corp

165,236‌

5,311

Eagle

Bancorp,

Inc

113,921‌

3,328

Enterprise

Financial

Services

Corp

124,800‌

3,691

First

Busey

Corp

70,941‌

2,740

First

Financial

Bancorp

53,704‌

2,076

First

Financial

Corp

70,190‌

4,292

First

Merchants

Corp

119,403‌

5,619

Hancock

Whitney

Corp

207,847‌

3,416

Heartland

Financial

USA,

Inc

100,533‌

7,100

Heritage

Commerce

Corp

60,137‌

5,060

Horizon

Bancorp,

Inc

54,041‌

1,704

Independent

Bank

Corp

31,251‌

4,603

Lakeland

Bancorp,

Inc

58,090‌

3,120

(a)

Metropolitan

Bank

Holding

Corp

113,194‌

3,837

National

Bank

Holdings

Corp

114,189‌

5,839

OceanFirst

Financial

Corp

84,490‌

9,640

OFG

Bancorp

287,850‌

4,641

Old

National

Bancorp

67,480‌

7,502

Pacific

Premier

Bancorp,

Inc

163,244‌

910

Preferred

Bank

56,648‌

1,254

QCR

Holdings,

Inc

60,844‌

4,826

Renasant

Corp

126,393‌

4,903

Towne

Bank

112,426‌

1,958

UMB

Financial

Corp

121,494‌

7,258

United

Community

Banks,

Inc

184,426‌

7,130

Veritex

Holdings,

Inc

127,984‌

3,721

Washington

Federal,

Inc

95,332‌

3,966

WesBanco,

Inc

96,850‌

3,564

Westamerica

Bancorporation

154,143‌

TOTAL

BANKS

4,774,138‌

CAPITAL

GOODS

-

12

.4

%

530

(a)

Aerovironment,

Inc

59,111‌

2,180

Albany

International

Corp

(Class

A)

188,090‌

12,463

(a)

API

Group

Corp

323,166‌

2,262

Applied

Industrial

Technologies,

Inc

349,728‌

3,250

Arcosa,

Inc

233,675‌

13

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

2,134

(a)

Atkore,

Inc

$

318,371‌

3,984

Barnes

Group,

Inc

135,337‌

4,510

(a)

Blue

Bird

Corp

96,289‌

3,421

Comfort

Systems

USA,

Inc

582,973‌

3,240

(a)

Construction

Partners,

Inc

118,454‌

1,252

CSW

Industrials,

Inc

219,400‌

347

EMCOR

Group,

Inc

73,005‌

3,696

Enerpac

Tool

Group

Corp

97,685‌

2,130

EnerSys

201,647‌

1,359

EnPro

Industries,

Inc

164,697‌

980

ESCO

Technologies,

Inc

102,351‌

4,007

Federal

Signal

Corp

239,338‌

7,621

(a)

Fluor

Corp

279,691‌

4,000

FTAI

Aviation

Ltd

142,200‌

2,350

(a)

Gibraltar

Industries,

Inc

158,649‌

1,879

(a)

GMS,

Inc

120,200‌

3,442

H&E

Equipment

Services,

Inc

148,660‌

12,898

(a)

Janus

International

Group,

Inc

138,009‌

2,047

McGrath

RentCorp

205,191‌

3,269

(a)

MRC

Global,

Inc

33,507‌

14,583

(a)

NOW,

Inc

173,100‌

4,317

(a)

Parsons

Corp

234,629‌

6,432

(a)

PGT

Innovations,

Inc

178,488‌

1,700

Powell

Industries,

Inc

140,930‌

5,746

Rush

Enterprises,

Inc

(Class

A)

234,609‌

11,577

(a)

Shoals

Technologies

Group,

Inc

211,280‌

1,931

Simpson

Manufacturing

Co,

Inc

289,283‌

2,849

(a)

SPX

Technologies,

Inc

231,909‌

434

Standex

International

Corp

63,229‌

2,167

(a)

Titan

Machinery,

Inc

57,599‌

12,160

(a)

Triumph

Group,

Inc

93,146‌

1,911

UFP

Industries,

Inc

195,686‌

6,938

Wabash

National

Corp

146,531‌

1,330

Watts

Water

Technologies,

Inc

(Class

A)

229,851‌

1,360

(a)

WillScot

Mobile

Mini

Holdings

Corp

56,562‌

2,879

Zurn

Elkay

Water

Solutions

Corp

80,670‌

TOTAL

CAPITAL

GOODS

7,346,926‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

3

.6

%

2,984

(a)

CBIZ,

Inc

154,869‌

10,575

(a)

ExlService

Holdings,

Inc

296,523‌

2,466

Exponent,

Inc

211,090‌

1,661

(a)

Franklin

Covey

Co

71,290‌

11,515

Healthcare

Services

Group

120,101‌

1,970

Heidrick

&

Struggles

International,

Inc

49,289‌

2,223

(a)

Huron

Consulting

Group,

Inc

231,548‌

936

ICF

International,

Inc

113,078‌

14,950

(a)

Legalzoom.com,

Inc

163,553‌

3,780

(a)

Montrose

Environmental

Group,

Inc

110,603‌

1,204

(a)

NV5

Global,

Inc

115,861‌

2,760

(a)

TriNet

Group,

Inc

321,485‌

13,480

(a)

Upwork,

Inc

153,133‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

2,112,423‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

2

.2

%

5,600

(a)

Abercrombie

&

Fitch

Co

(Class

A)

315,672‌

4,390

Build-A-Bear

Workshop,

Inc

129,110‌

14,470

(a)

CarParts.com,

Inc

59,616‌

7,501

(a)

National

Vision

Holdings,

Inc

121,366‌

6,000

Rent-A-Center,

Inc

176,700‌

1,138

Signet

Jewelers

Ltd

81,720‌

2,430

(a)

Sleep

Number

Corp

59,754‌

6,390

(a)

Urban

Outfitters,

Inc

208,889‌

TIAA-CREF

Life

Small-Cap

Equity

Fund

September

30,

2023

14

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL—continued

11,820

(a)

Warby

Parker,

Inc

$

155,551‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

1,308,378‌

CONSUMER

DURABLES

&

APPAREL

-

1

.3

%

3,472

(a)

Callaway

Golf

Co

48,052‌

1,599

(a)

Crocs,

Inc

141,080‌

1,784

Installed

Building

Products,

Inc

222,804‌

1,577

(a)

M/I

Homes,

Inc

132,531‌

925

(a)

Skyline

Champion

Corp

58,941‌

4,267

(a)

Taylor

Morrison

Home

Corp

181,817‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

785,225‌

CONSUMER

SERVICES

-

3

.7

%

244

(a)

Biglari

Holdings,

Inc

(B

Shares)

40,504‌

1,410

Carriage

Services,

Inc

39,832‌

9,853

(a)

Coursera,

Inc

184,153‌

1,962

(a)

Duolingo,

Inc

325,437‌

10,600

(a)

Everi

Holdings,

Inc

140,132‌

4,827

(a)

Frontdoor,

Inc

147,658‌

9,371

International

Game

Technology

plc

284,129‌

15,449

Laureate

Education,

Inc

217,831‌

660

Monarch

Casino

&

Resort,

Inc

40,986‌

9,870

(a)

OneSpaWorld

Holdings

Ltd

110,741‌

7,774

(a)

Portillo's,

Inc

119,642‌

18,530

(a)

Rover

Group,

Inc

115,998‌

1,270

Strategic

Education,

Inc

95,567‌

3,857

(a)

Stride,

Inc

173,681‌

1,062

Texas

Roadhouse,

Inc

(Class

A)

102,058‌

2,252

(a)

Xponential

Fitness,

Inc

34,906‌

TOTAL

CONSUMER

SERVICES

2,173,255‌

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

0

.5

%

3,462

Andersons,

Inc

178,328‌

4,474

(a)

Chefs'

Warehouse,

Inc

94,759‌

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

273,087‌

ENERGY

-

9

.2

%

3,540

Ardmore

Shipping

Corp

46,055‌

7,460

California

Resources

Corp

417,835‌

7,430

ChampionX

Corp

264,657‌

2,208

Chesapeake

Energy

Corp

190,396‌

1,425

Chord

Energy

Corp

230,950‌

470

Civitas

Resources,

Inc

38,009‌

4,959

CVR

Energy,

Inc

168,755‌

7,467

Delek

US

Holdings,

Inc

212,137‌

2,087

(a)

Denbury,

Inc

204,547‌

11,387

(a)

Diamond

Offshore

Drilling,

Inc

167,161‌

8,580

(a)

Expro

Group

Holdings

NV

199,313‌

9,353

Golar

LNG

Ltd

226,904‌

1,430

Helmerich

&

Payne,

Inc

60,289‌

13,873

Liberty

Energy,

Inc

256,928‌

9,310

Magnolia

Oil

&

Gas

Corp

213,292‌

10,817

Murphy

Oil

Corp

490,551‌

18,940

(a)

NextDecade

Corp

96,973‌

33,590

Nordic

American

Tankers

Ltd

138,391‌

7,020

(a)

Oceaneering

International,

Inc

180,554‌

9,532

(a)

Par

Pacific

Holdings,

Inc

342,580‌

5,242

PBF

Energy,

Inc

280,604‌

16,477

RPC,

Inc

147,304‌

3,710

(a)

Seadrill

Ltd

166,171‌

13,460

Select

Water

Solutions,

Inc

107,007‌

2,120

SM

Energy

Co

84,058‌

3,363

Teekay

Tankers

Ltd

140,002‌

15

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

5,550

Vitesse

Energy,

Inc

$

127,040‌

2,977

(a)

Weatherford

International

plc

268,912‌

TOTAL

ENERGY

5,467,375‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

0

.9

%

18,440

Empire

State

Realty

Trust,

Inc

148,257‌

13,260

Global

Net

Lease,

Inc

127,429‌

8,137

Phillips

Edison

&

Co,

Inc

272,915‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

548,601‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

5

.0

%

7,040

American

Assets

Trust,

Inc

136,928‌

14,196

Apple

Hospitality

REIT,

Inc

217,767‌

14,156

Broadstone

Net

Lease,

Inc

202,431‌

264

EastGroup

Properties,

Inc

43,964‌

9,692

Essential

Properties

Realty

Trust,

Inc

209,638‌

6,403

Four

Corners

Property

Trust,

Inc

142,083‌

23,280

Hudson

Pacific

Properties,

Inc

154,812‌

15,684

Independence

Realty

Trust,

Inc

220,674‌

10,656

Kite

Realty

Group

Trust

228,251‌

10,310

Lexington

Realty

Trust

91,759‌

5,690

Macerich

Co

62,078‌

9,680

Mack-Cali

Realty

Corp

159,720‌

14,744

Piedmont

Office

Realty

Trust,

Inc

82,861‌

18,429

RLJ

Lodging

Trust

180,420‌

3,600

(b)

Ryman

Hospitality

Properties,

Inc

299,808‌

15,164

Summit

Hotel

Properties,

Inc

87,951‌

19,070

Sunstone

Hotel

Investors,

Inc

178,304‌

10,993

Tanger

Factory

Outlet

Centers,

Inc

248,442‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

2,947,891‌

FINANCIAL

SERVICES

-

5

.5

%

3,103

A-Mark

Precious

Metals,

Inc

91,011‌

8,450

Apollo

Commercial

Real

Estate

Finance,

Inc

85,598‌

5,864

Artisan

Partners

Asset

Management,

Inc

219,431‌

42,971

BGC

Group,

Inc

226,887‌

3,965

Enact

Holdings,

Inc

107,967‌

3,656

(a)

Enova

International,

Inc

185,981‌

6,493

Essent

Group

Ltd

307,054‌

5,453

(a)

Flywire

Corp

173,896‌

7,820

(a)

Green

Dot

Corp

108,933‌

14,574

MFA

Financial,

Inc

140,056‌

9,912

Navient

Corp

170,685‌

8,773

(a)

NMI

Holdings,

Inc

237,661‌

33,719

(a)

Payoneer

Global,

Inc

206,360‌

8,536

Radian

Group,

Inc

214,339‌

4,796

(a)

Remitly

Global,

Inc

120,955‌

15,597

(a)

Repay

Holdings

Corp

118,381‌

21,123

(a)

StoneCo

Ltd

225,382‌

4,288

Victory

Capital

Holdings,

Inc

142,962‌

990

Virtus

Investment

Partners,

Inc

199,970‌

TOTAL

FINANCIAL

SERVICES

3,283,509‌

FOOD,

BEVERAGE

&

TOBACCO

-

2

.2

%

2,550

Calavo

Growers,

Inc

64,337‌

3,570

Cal-Maine

Foods,

Inc

172,859‌

332

Coca-Cola

Consolidated

Inc

211,258‌

8,872

(a)

Hostess

Brands,

Inc

295,526‌

630

Lancaster

Colony

Corp

103,969‌

2,520

(a)

National

Beverage

Corp

118,490‌

13,981

Primo

Water

Corp

192,938‌

TIAA-CREF

Life

Small-Cap

Equity

Fund

September

30,

2023

16

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

7,500

(a)

Sovos

Brands,

Inc

$

169,125‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

1,328,502‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.4

%

12,424

(a)

Alphatec

Holdings,

Inc

161,139‌

2,570

(a)

Angiodynamics,

Inc

18,787‌

4,398

(a)

AtriCure,

Inc

192,632‌

4,170

(a)

Guardant

Health,

Inc

123,599‌

5,104

(a)

Health

Catalyst,

Inc

51,653‌

2,792

HealthStream,

Inc

60,251‌

15,988

(a)

Hims

&

Hers

Health,

Inc

100,565‌

3,310

(a)

Inari

Medical,

Inc

216,474‌

6,030

(a)

Inmode

Ltd

183,674‌

1,961

(a)

Integer

Holdings

Corp

153,801‌

4,506

(a)

Lantheus

Holdings,

Inc

313,077‌

2,440

(a)

LivaNova

plc

129,027‌

740

(a)

ModivCare,

Inc

23,317‌

1,485

(a)

Neogen

Corp

27,532‌

7,978

(a)

NextGen

Healthcare,

Inc

189,318‌

10,360

(a)

Option

Care

Health,

Inc

335,146‌

9,057

(a)

Owens

&

Minor,

Inc

146,361‌

7,220

Patterson

Cos,

Inc

214,001‌

6,187

(a)

Progyny,

Inc

210,482‌

5,070

(a)

RxSight,

Inc

141,402‌

3,330

Select

Medical

Holdings

Corp

84,149‌

322

(a)

Shockwave

Medical,

Inc

64,110‌

1,428

(a)

Surgery

Partners,

Inc

41,769‌

4,960

(a)

Zimvie,

Inc

46,674‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

3,228,940‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.5

%

8,899

(a)

BellRing

Brands,

Inc

366,906‌

4,598

(a)

elf

Beauty,

Inc

504,998‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

871,904‌

INSURANCE

-

1

.7

%

3,241

American

Equity

Investment

Life

Holding

Co

173,847‌

6,568

(a)

BRP

Group,

Inc

152,575‌

2,572

Employers

Holdings,

Inc

102,751‌

3,060

F&G

Annuities

&

Life,

Inc

85,864‌

2,790

(a)

Goosehead

Insurance,

Inc

207,939‌

1,010

(a)

Palomar

Holdings,

Inc

51,257‌

2,515

Selective

Insurance

Group,

Inc

259,473‌

TOTAL

INSURANCE

1,033,706‌

MATERIALS

-

3

.9

%

3,740

Carpenter

Technology

Corp

251,365‌

5,990

Commercial

Metals

Co

295,966‌

8,548

(a)

Constellium

SE

155,574‌

7,323

(a)

Ecovyst,

Inc

72,058‌

1,697

Innospec,

Inc

173,433‌

1,772

Materion

Corp

180,585‌

3,413

Minerals

Technologies,

Inc

186,896‌

14,803

(a)

O-I

Glass,

Inc

247,654‌

2,148

Olympic

Steel,

Inc

120,739‌

6,246

Orion

S.A.

132,915‌

15,168

(a)

Rayonier

Advanced

Materials,

Inc

53,695‌

5,140

Ryerson

Holding

Corp

149,523‌

7,766

(a)

Summit

Materials,

Inc

241,833‌

1,211

Worthington

Industries,

Inc

74,864‌

TOTAL

MATERIALS

2,337,100‌

17

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

MEDIA

&

ENTERTAINMENT

-

2

.6

%

2,367

(a)

Atlanta

Braves

Holdings,

Inc

$

84,573‌

7,770

(a)

Cardlytics,

Inc

128,205‌

4,974

(a)

Cars.com,

Inc

83,862‌

16,658

(a)

Eventbrite,

Inc

164,248‌

7,570

(a)

IMAX

Corp

146,252‌

8,789

(a)

Integral

Ad

Science

Holding

Corp

104,501‌

4,400

John

Wiley

&

Sons,

Inc

(Class

A)

163,548‌

4,400

(a)

Lions

Gate

Entertainment

Corp

(Class

A)

37,312‌

16,860

(a)

Lions

Gate

Entertainment

Corp

(Class

B)

132,688‌

8,253

(a)

PubMatic,

Inc

99,861‌

2,506

Shutterstock,

Inc

95,353‌

17,440

(a)

Vimeo,

Inc

61,738‌

5,681

(a)

Yelp,

Inc

236,273‌

TOTAL

MEDIA

&

ENTERTAINMENT

1,538,414‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.5

%

39,543

(a)

ADMA

Biologics,

Inc

141,564‌

10,096

(a)

Alkermes

plc

282,789‌

9,700

(a)

Amicus

Therapeutics,

Inc

117,952‌

4,759

(a)

Amphastar

Pharmaceuticals,

Inc

218,867‌

6,330

(a)

Amylyx

Pharmaceuticals,

Inc

115,902‌

1,350

(a)

ANI

Pharmaceuticals,

Inc

78,381‌

7,450

(a)

Arcus

Biosciences,

Inc

133,728‌

17,890

(a)

Ardelyx,

Inc

72,991‌

4,510

(a)

Arvinas,

Inc

88,576‌

17,333

(a)

Aurinia

Pharmaceuticals,

Inc

134,678‌

20,403

(a)

BioCryst

Pharmaceuticals,

Inc

144,453‌

4,565

(a)

Bridgebio

Pharma,

Inc

120,379‌

14,760

(a)

Codexis,

Inc

27,896‌

14,910

(a)

Coherus

Biosciences,

Inc

55,763‌

4,985

(a)

Day

One

Biopharmaceuticals,

Inc

61,166‌

9,389

(a)

Deciphera

Pharmaceuticals,

Inc

119,428‌

13,800

(a)

Dynavax

Technologies

Corp

203,826‌

15,593

(a)

Editas

Medicine,

Inc

121,625‌

10,327

(a)

Evolus,

Inc

94,389‌

5,549

(a)

Halozyme

Therapeutics,

Inc

211,972‌

4,484

(a)

Harmony

Biosciences

Holdings,

Inc

146,941‌

2,490

(a)

Ideaya

Biosciences,

Inc

67,180‌

18,331

(a)

Immunogen,

Inc

290,913‌

5,952

(a)

Immunovant,

Inc

228,497‌

3,946

(a)

Intercept

Pharmaceuticals,

Inc

73,159‌

1,924

(a)

Intra-Cellular

Therapies,

Inc

100,221‌

22,387

(a)

Iovance

Biotherapeutics,

Inc

101,861‌

7,470

(a)

Kiniksa

Pharmaceuticals

Ltd

129,754‌

9,427

(a)

Kura

Oncology,

Inc

85,974‌

9,290

(a)

MacroGenics,

Inc

43,291‌

5,210

(a)

Mirum

Pharmaceuticals,

Inc

164,636‌

7,150

(a)

NGM

Biopharmaceuticals,

Inc

7,651‌

7,783

(a)

Nurix

Therapeutics,

Inc

61,174‌

17,930

(a)

Ocular

Therapeutix,

Inc

56,300‌

3,025

Phibro

Animal

Health

Corp

38,629‌

7,707

(a)

Protagonist

Therapeutics,

Inc

128,553‌

5,510

(a)

Quanterix

Corp

149,541‌

9,913

(a),(c)

Recursion

Pharmaceuticals,

Inc

75,835‌

4,410

(a)

Revance

Therapeutics,

Inc

50,583‌

43,577

(a)

Rigel

Pharmaceuticals,

Inc

47,063‌

7,003

(a)

Travere

Therapeutics,

Inc

62,607‌

6,971

(a)

Veracyte,

Inc

155,663‌

5,240

(a)

Vericel

Corp

175,645‌

280

(a)

Vertex

Pharmaceuticals,

Inc

97,367‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

5,085,363‌

TIAA-CREF

Life

Small-Cap

Equity

Fund

September

30,

2023

18

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

3

.2

%

1,743

(a)

Axcelis

Technologies,

Inc

$

284,196‌

6,240

(a)

Credo

Technology

Group

Holding

Ltd

95,160‌

2,509

(a)

Diodes,

Inc

197,810‌

3,632

Kulicke

&

Soffa

Industries,

Inc

176,624‌

546

(a)

Lattice

Semiconductor

Corp

46,918‌

6,217

(a)

MaxLinear,

Inc

138,328‌

9,930

(a)

Navitas

Semiconductor

Corp

69,014‌

2,210

(a)

PDF

Solutions,

Inc

71,604‌

9,664

(a)

Photronics,

Inc

195,310‌

6,422

(a)

Rambus,

Inc

358,283‌

2,461

(a)

SMART

Global

Holdings,

Inc

59,925‌

6,520

(a)

Veeco

Instruments,

Inc

183,277‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

1,876,449‌

SOFTWARE

&

SERVICES

-

5

.8

%

2,887

(a)

Alkami

Technology,

Inc

52,601‌

7,120

(a)

Asana,

Inc

130,367‌

880

(a)

Blackbaud,

Inc

61,882‌

1,900

(a)

Brightcove,

Inc

6,251‌

2,260

(a)

Commvault

Systems,

Inc

152,799‌

7,817

(a)

EngageSmart,

Inc

140,628‌

4,109

(a)

Everbridge,

Inc

92,124‌

6,197

(a)

Fastly,

Inc

118,796‌

13,180

(a)

Freshworks,

Inc

262,546‌

1,860

(a)

Intapp,

Inc

62,347‌

6,691

(a)

LiveRamp

Holdings,

Inc

192,968‌

5,101

(a)

Model

N,

Inc

124,515‌

16,830

(a)

Olo,

Inc

101,990‌

3,152

(a)

PagerDuty,

Inc

70,888‌

4,022

(a)

PowerSchool

Holdings,

Inc

91,139‌

1,203

Progress

Software

Corp

63,254‌

5,946

(a)

Q2

Holdings,

Inc

191,877‌

2,281

(a)

Qualys,

Inc

347,967‌

4,601

(a)

Rapid7,

Inc

210,634‌

11,560

(a)

Sprinklr,

Inc

159,990‌

3,534

(a)

Sprout

Social,

Inc

176,276‌

1,557

(a)

Squarespace,

Inc

45,106‌

2,280

(a)

Tenable

Holdings,

Inc

102,144‌

8,655

(a)

Varonis

Systems,

Inc

264,324‌

3,994

(a)

Verint

Systems,

Inc

91,822‌

5,870

(a)

Yext,

Inc

37,157‌

9,900

(a)

Zuora,

Inc

81,576‌

TOTAL

SOFTWARE

&

SERVICES

3,433,968‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

4

.5

%

3,739

Belden

CDT,

Inc

361,000‌

22,185

(a)

CommScope

Holding

Co,

Inc

74,541‌

7,856

(a)

Extreme

Networks,

Inc

190,194‌

1,548

(a)

Fabrinet

257,928‌

1,066

(a)

OSI

Systems,

Inc

125,831‌

8,099

(a)

Sanmina

Corp

439,614‌

2,230

(a)

Scansource,

Inc

67,591‌

2,511

(a)

Super

Micro

Computer,

Inc

688,566‌

10,856

Vishay

Intertechnology,

Inc

268,360‌

886

(a)

Vishay

Precision

Group,

Inc

29,752‌

11,240

Xerox

Holdings

Corp

176,356‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

2,679,733‌

TELECOMMUNICATION

SERVICES

-

0

.7

%

6,690

(a)

Bandwidth,

Inc

75,396‌

5,933

(a)

EchoStar

Corp

(Class

A)

99,378‌

58,079

(a),(c)

Globalstar,

Inc

76,084‌

1,868

Iridium

Communications,

Inc

84,975‌

19

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

TELECOMMUNICATION

SERVICES—continued

5,840

Telephone

and

Data

Systems,

Inc

$

106,930‌

TOTAL

TELECOMMUNICATION

SERVICES

442,763‌

TRANSPORTATION

-

1

.5

%

238

ArcBest

Corp

24,193‌

9,880

Costamare,

Inc

95,045‌

2,024

Forward

Air

Corp

139,130‌

15,170

(a)

Hawaiian

Holdings,

Inc

96,026‌

898

(a)

Hub

Group,

Inc

(Class

A)

70,529‌

4,740

(a)

RXO,

Inc

93,520‌

195

(a)

Saia,

Inc

77,737‌

5,358

(a)

Skywest,

Inc

224,714‌

5,920

(a)

Sun

Country

Airlines

Holdings,

Inc

87,853‌

TOTAL

TRANSPORTATION

908,747‌

UTILITIES

-

2

.7

%

3,848

Allete,

Inc

203,174‌

6,249

Avista

Corp

202,280‌

4,073

Black

Hills

Corp

206,053‌

5,940

Brookfield

Infrastructure

Corp

209,920‌

3,857

Northwest

Natural

Holding

Co

147,183‌

3,403

ONE

Gas,

Inc

232,357‌

3,408

Otter

Tail

Corp

258,735‌

1,612

Portland

General

Electric

Co

65,254‌

1,684

Unitil

Corp

71,924‌

TOTAL

UTILITIES

1,596,880‌

TOTAL

COMMON

STOCKS

58,285,426‌

(Cost

$52,535,619)

TOTAL

LONG-TERM

INVESTMENTS

58,285,426‌

(Cost

$52,535,619)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

2.2%

REPURCHASE

AGREEMENT

-

2

.2

%

$

1,290,000

(d)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

1,290,000‌

TOTAL

REPURCHASE

AGREEMENT

1,290,000‌

TOTAL

SHORT-TERM

INVESTMENTS

1,290,000‌

(Cost

$1,290,000)

SHARES

EXP

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

0.1%

81,190

(e)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

5

.360

81,190‌

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

81,190‌

(Cost

$81,190)

TOTAL

INVESTMENTS

-

100.3%

59,656,616‌

(Cost

$53,906,809)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.3)%

(

179,241‌

)

NET

ASSETS

-

100.0%

$

59,477,375‌

REIT

Real

Estate

Investment

Trust

TIAA-CREF

Life

Small-Cap

Equity

Fund

September

30,

2023

20

Portfolio

of

Investments

(continued)

(a)

Non-income

producing

(b)

All

or

a

portion

of

these

securities

have

been

segregated

to

cover

margin

requirements

on

open

futures

contracts.

(c)

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$158,323.

(d)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$1,290,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$1,315,834.

(e)

Investments

made

with

cash

collateral

received

from

securities

on

loan.

Futures

Contracts

-

Long

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

Russell

2000

E

Mini

Index

12‌

12/15/23

$

1,122,976‌

$

1,079,160‌

$

(

43,816‌

)

Portfolio

of

Investments

TIAA-CREF

Life

Social

Choice

Equity

Fund

September

30,

2023

21

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

99.0%

COMMON

STOCKS

-

99.0%

AUTOMOBILES

&

COMPONENTS

-

2

.5

%

2,638

(a)

American

Axle

&

Manufacturing

Holdings,

Inc

$

19,152‌

1,553

(a)

Aptiv

plc

153,110‌

1,071

(a)

Modine

Manufacturing

Co

48,998‌

4,199

(a)

Rivian

Automotive,

Inc

101,952‌

6,869

(a)

Tesla,

Inc

1,718,761‌

TOTAL

AUTOMOBILES

&

COMPONENTS

2,041,973‌

BANKS

-

2

.2

%

277

(a)

Bancorp,

Inc

9,557‌

626

Bank

OZK

23,206‌

46

Banner

Corp

1,950‌

618

Berkshire

Hills

Bancorp,

Inc

12,391‌

54

Camden

National

Corp

1,524‌

11,733

Citigroup,

Inc

482,578‌

6

Commerce

Bancshares,

Inc

288‌

22

Community

Trust

Bancorp,

Inc

754‌

593

(a)

Customers

Bancorp,

Inc

20,429‌

136

First

Busey

Corp

2,614‌

16

FNB

Corp

173‌

17

Hancock

Whitney

Corp

629‌

108

Heritage

Financial

Corp

1,761‌

3,996

Huntington

Bancshares,

Inc

41,558‌

3,413

JPMorgan

Chase

&

Co

494,953‌

333

National

Bank

Holdings

Corp

9,910‌

5

NBT

Bancorp,

Inc

158‌

145

Old

National

Bancorp

2,108‌

2,901

PNC

Financial

Services

Group,

Inc

356,156‌

9,584

Regions

Financial

Corp

164,845‌

49

Trico

Bancshares

1,569‌

5,255

Truist

Financial

Corp

150,346‌

29

UMB

Financial

Corp

1,799‌

182

Univest

Financial

Corp

3,163‌

49

Westamerica

Bancorporation

2,119‌

TOTAL

BANKS

1,786,538‌

CAPITAL

GOODS

-

6

.5

%

4,546

3M

Co

425,597‌

17

Acuity

Brands,

Inc

2,895‌

688

(a)

Axon

Enterprise,

Inc

136,905‌

66

(a),(b)

Bloom

Energy

Corp

875‌

3,442

Carrier

Global

Corp

189,998‌

2,423

Caterpillar,

Inc

661,479‌

509

Cummins,

Inc

116,286‌

812

Curtiss-Wright

Corp

158,852‌

1,503

Deere

&

Co

567,202‌

2,557

Eaton

Corp

plc

545,357‌

18

EMCOR

Group,

Inc

3,787‌

683

Emerson

Electric

Co

65,957‌

1,652

Fastenal

Co

90,265‌

1,435

Fortive

Corp

106,420‌

475

(a)

Generac

Holdings,

Inc

51,756‌

1,445

(a)

Great

Lakes

Dredge

&

Dock

Corp

11,517‌

1,798

Hexcel

Corp

117,122‌

27

IDEX

Corp

5,617‌

2,253

Illinois

Tool

Works,

Inc

518,888‌

TIAA-CREF

Life

Social

Choice

Equity

Fund

September

30,

2023

22

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

3,975

Johnson

Controls

International

plc

$

211,510‌

2,718

(a)

Kratos

Defense

&

Security

Solutions,

Inc

40,824‌

172

Luxfer

Holdings

plc

2,245‌

480

(a)

Manitowoc

Co,

Inc

7,224‌

2,420

Masco

Corp

129,349‌

1,060

(a)

Mercury

Computer

Systems,

Inc

39,315‌

95

Moog,

Inc

(Class

A)

10,731‌

147

(a)

MYR

Group,

Inc

19,810‌

75

Owens

Corning,

Inc

10,231‌

1,245

PACCAR,

Inc

105,850‌

583

(a)

Proto

Labs,

Inc

15,391‌

314

Quanta

Services,

Inc

58,740‌

539

Rockwell

Automation,

Inc

154,084‌

78

Rush

Enterprises,

Inc

(Class

A)

3,185‌

129

Snap-On,

Inc

32,903‌

980

Trane

Technologies

plc

198,852‌

1,538

(a)

Triumph

Group,

Inc

11,781‌

425

United

Rentals,

Inc

188,942‌

267

(a)

V2X,

Inc

13,793‌

188

W.W.

Grainger,

Inc

130,066‌

509

Woodward

Inc

63,248‌

500

Xylem,

Inc

45,515‌

TOTAL

CAPITAL

GOODS

5,270,364‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

2

.2

%

205

ACCO

Brands

Corp

1,177‌

27

(a)

ASGN,

Inc

2,205‌

2,438

Automatic

Data

Processing,

Inc

586,534‌

10,690

(a)

Copart,

Inc

460,632‌

231

CSG

Systems

International,

Inc

11,809‌

1,970

(a)

ExlService

Holdings,

Inc

55,239‌

512

(a)

FTI

Consulting,

Inc

91,346‌

47

Heidrick

&

Struggles

International,

Inc

1,176‌

478

Kelly

Services,

Inc

(Class

A)

8,695‌

554

(a)

Liquidity

Services,

Inc

9,761‌

2,031

(a)

OPENLANE,

Inc

30,302‌

624

Robert

Half

International,

Inc

45,727‌

207

(a)

Sterling

Check

Corp

2,612‌

1,698

TransUnion

121,899‌

33

(a)

TriNet

Group,

Inc

3,844‌

190

Verisk

Analytics,

Inc

44,886‌

2,068

Waste

Management,

Inc

315,246‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

1,793,090‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

6

.2

%

595

(a)

1-800-FLOWERS.COM,

Inc

(Class

A)

4,165‌

19

Aaron's

Co,

Inc

199‌

19,530

(a)

Amazon.com,

Inc

2,482,654‌

6

(a)

Autozone,

Inc

15,240‌

21

(a)

Carmax,

Inc

1,485‌

248

(a)

Children's

Place,

Inc

6,703‌

3,846

eBay,

Inc

169,570‌

84

(a)

Five

Below,

Inc

13,516‌

316

(a)

Genesco,

Inc

9,739‌

3,186

Home

Depot,

Inc

962,682‌

2,920

Lowe's

Cos,

Inc

606,893‌

431

(a)

MarineMax,

Inc

14,145‌

51

Pool

Corp

18,161‌

428

Shoe

Carnival,

Inc

10,285‌

6,634

TJX

Cos,

Inc

589,630‌

221

Tractor

Supply

Co

44,874‌

15

Winmark

Corp

5,597‌

23

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL—continued

234

(a)

Zumiez,

Inc

$

4,165‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

4,959,703‌

CONSUMER

DURABLES

&

APPAREL

-

0

.5

%

342

(a)

Crocs,

Inc

30,175‌

90

(a)

Deckers

Outdoor

Corp

46,268‌

739

(a)

GoPro,

Inc

2,320‌

571

(a)

Green

Brick

Partners,

Inc

23,702‌

13

Hasbro,

Inc

860‌

325

(a)

iRobot

Corp

12,318‌

264

(a)

Lovesac

Co

5,259‌

384

(a)

Lululemon

Athletica,

Inc

148,074‌

22

(a)

NVR,

Inc

131,193‌

1,910

(a)

Sonos,

Inc

24,658‌

680

(a)

Traeger,

Inc

1,856‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

426,683‌

CONSUMER

SERVICES

-

2

.4

%

259

ADT,

Inc

1,554‌

198

(a)

Booking

Holdings,

Inc

610,622‌

473

(a)

Bright

Horizons

Family

Solutions,

Inc

38,531‌

356

Carriage

Services,

Inc

10,057‌

751

(a)

Dave

&

Buster's

Entertainment,

Inc

27,840‌

3,114

Hilton

Worldwide

Holdings,

Inc

467,661‌

384

(a)

Planet

Fitness,

Inc

18,885‌

35

(a)

Shake

Shack,

Inc

2,032‌

1,032

(a)

Six

Flags

Entertainment

Corp

24,262‌

5,767

Starbucks

Corp

526,354‌

216

Vail

Resorts,

Inc

47,928‌

260

Wingstop,

Inc

46,758‌

801

Yum!

Brands,

Inc

100,077‌

TOTAL

CONSUMER

SERVICES

1,922,561‌

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

1

.1

%

2,441

(a)

BJ's

Wholesale

Club

Holdings,

Inc

174,214‌

1,150

(a)

Performance

Food

Group

Co

67,689‌

500

Pricesmart,

Inc

37,215‌

780

SpartanNash

Co

17,160‌

2,186

(a)

Sprouts

Farmers

Market,

Inc

93,561‌

3,106

Target

Corp

343,430‌

1,290

(a)

United

Natural

Foods,

Inc

18,241‌

3,501

(a)

US

Foods

Holding

Corp

138,990‌

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

890,500‌

ENERGY

-

5

.1

%

3,698

Antero

Midstream

Corp

44,302‌

1,561

APA

Corp

64,157‌

3,091

Baker

Hughes

Co

109,174‌

49

ChampionX

Corp

1,745‌

1,727

Cheniere

Energy,

Inc

286,613‌

2,897

Chevron

Corp

488,492‌

2,479

(a)

Clean

Energy

Fuels

Corp

9,495‌

5,575

ConocoPhillips

667,885‌

59

Delek

US

Holdings,

Inc

1,676‌

2,091

Devon

Energy

Corp

99,741‌

355

(a)

DMC

Global,

Inc

8,687‌

557

(a)

Dril-Quip,

Inc

15,691‌

2,577

EOG

Resources,

Inc

326,660‌

2,973

EQT

Corp

120,644‌

1,358

Hess

Corp

207,774‌

13,484

Kinder

Morgan,

Inc

223,565‌

9,612

(a)

Kosmos

Energy

Ltd

78,626‌

1,478

Marathon

Petroleum

Corp

223,681‌

TIAA-CREF

Life

Social

Choice

Equity

Fund

September

30,

2023

24

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

4,520

NOV,

Inc

$

94,468‌

155

(a)

Oceaneering

International,

Inc

3,987‌

277

ONEOK,

Inc

17,570‌

1,157

Pioneer

Natural

Resources

Co

265,589‌

6,410

Schlumberger

Ltd

373,703‌

2,213

Valero

Energy

Corp

313,604‌

806

(a)

Weatherford

International

plc

72,806‌

TOTAL

ENERGY

4,120,335‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

2

.3

%

2,695

American

Tower

Corp

443,193‌

705

Brixmor

Property

Group,

Inc

14,650‌

714

Crown

Castle,

Inc

65,709‌

4,361

DiamondRock

Hospitality

Co

35,019‌

42

Douglas

Emmett,

Inc

536‌

513

Equinix,

Inc

372,571‌

456

First

Industrial

Realty

Trust,

Inc

21,701‌

20

(a)

Howard

Hughes

Holdings,

Inc

1,483‌

63

Kilroy

Realty

Corp

1,991‌

2,249

Macerich

Co

24,536‌

3,599

Park

Hotels

&

Resorts,

Inc

44,340‌

99

PotlatchDeltic

Corp

4,494‌

4,561

(c)

Prologis,

Inc

511,790‌

83

Safehold,

Inc

1,477‌

2,519

Welltower,

Inc

206,356‌

3,357

Weyerhaeuser

Co

102,926‌

765

Xenia

Hotels

&

Resorts,

Inc

9,012‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

1,861,784‌

FINANCIAL

SERVICES

-

8

.8

%

3,556

American

Express

Co

530,520‌

847

Ameriprise

Financial,

Inc

279,239‌

7,068

Bank

of

New

York

Mellon

Corp

301,450‌

854

BlackRock,

Inc

552,102‌

2,519

Discover

Financial

Services

218,221‌

124

Factset

Research

Systems,

Inc

54,220‌

4,114

Fidelity

National

Information

Services,

Inc

227,381‌

1,817

Goldman

Sachs

Group,

Inc

587,927‌

105

(a)

Green

Dot

Corp

1,463‌

4,654

Intercontinental

Exchange,

Inc

512,033‌

2,581

Mastercard,

Inc

(Class

A)

1,021,844‌

1,108

Moody's

Corp

350,316‌

6,865

Morgan

Stanley

560,664‌

180

(a)

Mr

Cooper

Group,

Inc

9,641‌

957

Nasdaq

Stock

Market,

Inc

46,501‌

5,342

(a)

PayPal

Holdings,

Inc

312,293‌

65

(a)

PRA

Group,

Inc

1,249‌

38

(a)

PROG

Holdings,

Inc

1,262‌

1,628

S&P

Global,

Inc

594,887‌

1,736

State

Street

Corp

116,242‌

840

T

Rowe

Price

Group,

Inc

88,091‌

2,386

Visa,

Inc

(Class

A)

548,804‌

357

Voya

Financial,

Inc

23,723‌

694

(a)

WEX,

Inc

130,534‌

TOTAL

FINANCIAL

SERVICES

7,070,607‌

FOOD,

BEVERAGE

&

TOBACCO

-

3

.1

%

981

Archer-Daniels-Midland

Co

73,987‌

678

Campbell

Soup

Co

27,852‌

13,830

Coca-Cola

Co

774,203‌

173

(a)

Darling

International,

Inc

9,031‌

491

Fresh

Del

Monte

Produce,

Inc

12,687‌

5,724

General

Mills,

Inc

366,279‌

25

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

2,671

Hormel

Foods

Corp

$

101,578‌

2

Kellogg

Co

119‌

2,694

Lamb

Weston

Holdings,

Inc

249,087‌

989

McCormick

&

Co,

Inc

74,808‌

4,820

PepsiCo,

Inc

816,701‌

79

(a)

TreeHouse

Foods,

Inc

3,443‌

215

(a)

Vital

Farms,

Inc

2,490‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

2,512,265‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.0

%

1,458

(a)

Accolade,

Inc

15,426‌

786

(a)

Angiodynamics,

Inc

5,746‌

100

(a)

AtriCure,

Inc

4,380‌

466

(a)

Axogen,

Inc

2,330‌

4,125

(a)

Brookdale

Senior

Living,

Inc

17,077‌

487

(a)

Castle

Biosciences,

Inc

8,225‌

3,845

(a)

Cerus

Corp

6,229‌

1,179

Cigna

Group

337,277‌

725

(a)

CryoLife,

Inc

10,991‌

2,549

(a)

DexCom,

Inc

237,822‌

1,041

(a)

DocGo,

Inc

5,549‌

5,233

(a)

Edwards

Lifesciences

Corp

362,542‌

1,308

Elevance

Health,

Inc

569,529‌

1,090

(a)

Enhabit,

Inc

12,263‌

1,984

(a)

Envista

Holdings

Corp

55,314‌

487

(a)

Fulgent

Genetics,

Inc

13,022‌

154

(a)

Globus

Medical,

Inc

7,646‌

1,422

HCA,

Inc

349,784‌

1,215

(a)

Health

Catalyst,

Inc

12,296‌

231

(a)

Henry

Schein,

Inc

17,152‌

1,293

(a)

Hologic,

Inc

89,734‌

705

(a)

IDEXX

Laboratories,

Inc

308,275‌

539

Laboratory

Corp

of

America

Holdings

108,366‌

357

LeMaitre

Vascular,

Inc

19,449‌

85

(a)

LivaNova

plc

4,495‌

514

(a)

Merit

Medical

Systems,

Inc

35,476‌

1,812

(a)

NeoGenomics,

Inc

22,288‌

770

(a)

Nevro

Corp

14,799‌

1,153

(a)

NextGen

Healthcare,

Inc

27,361‌

948

(a)

Omnicell,

Inc

42,698‌

7,559

(a)

Opko

Health,

Inc

12,094‌

1,413

(a)

OraSure

Technologies,

Inc

8,379‌

707

(a)

Orthofix

Medical,

Inc

9,092‌

1,073

(a)

Outset

Medical,

Inc

11,674‌

188

(a)

Pennant

Group,

Inc

2,092‌

183

(a)

Penumbra,

Inc

44,270‌

918

(a)

Pulmonx

Corp

9,483‌

955

Resmed,

Inc

141,216‌

17

(a)

Shockwave

Medical,

Inc

3,385‌

736

(a)

SI-BONE,

Inc

15,633‌

269

(a)

STAAR

Surgical

Co

10,808‌

386

STERIS

plc

84,696‌

460

(a)

Teladoc

Health,

Inc

8,551‌

144

(a)

UFP

Technologies,

Inc

23,249‌

1,794

UnitedHealth

Group,

Inc

904,517‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

4,012,680‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.6

%

3,701

Colgate-Palmolive

Co

263,178‌

127

Kimberly-Clark

Corp

15,348‌

7,110

Procter

&

Gamble

Co

1,037,065‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

1,315,591‌

TIAA-CREF

Life

Social

Choice

Equity

Fund

September

30,

2023

26

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

INSURANCE

-

2

.2

%

10,128

(a)

Genworth

Financial,

Inc

(Class

A)

$

59,350‌

2,961

Marsh

&

McLennan

Cos,

Inc

563,478‌

3,487

Progressive

Corp

485,739‌

3,806

Prudential

Financial,

Inc

361,152‌

1,823

Travelers

Cos,

Inc

297,714‌

TOTAL

INSURANCE

1,767,433‌

MATERIALS

-

3

.0

%

330

(a)

Allegheny

Technologies,

Inc

13,579‌

223

Amcor

plc

2,043‌

140

Aptargroup,

Inc

17,506‌

4,983

Ball

Corp

248,054‌

539

(a)

Coeur

Mining,

Inc

1,196‌

1,387

Dow,

Inc

71,514‌

2,744

Ecolab,

Inc

464,834‌

651

International

Flavors

&

Fragrances,

Inc

44,379‌

429

Koppers

Holdings,

Inc

16,967‌

1,984

Linde

plc

738,742‌

216

Martin

Marietta

Materials,

Inc

88,664‌

5,434

Newmont

Goldcorp

Corp

200,786‌

2,267

Nucor

Corp

354,445‌

98

Olympic

Steel,

Inc

5,509‌

269

PPG

Industries,

Inc

34,916‌

901

(a)

Ranpak

Holdings

Corp

4,901‌

134

Royal

Gold,

Inc

14,248‌

2,033

(a)

Summit

Materials,

Inc

63,308‌

730

Trinseo

plc

5,964‌

TOTAL

MATERIALS

2,391,555‌

MEDIA

&

ENTERTAINMENT

-

3

.8

%

2,286

(a)

Cinemark

Holdings,

Inc

41,948‌

8,361

(a)

Clear

Channel

Outdoor

Holdings,

Inc

13,210‌

15,134

Comcast

Corp

(Class

A)

671,041‌

1,769

Electronic

Arts,

Inc

212,988‌

1,165

Gray

Television,

Inc

8,062‌

122

(a)

IMAX

Corp

2,357‌

1,450

Interpublic

Group

of

Cos,

Inc

41,557‌

176

John

Wiley

&

Sons,

Inc

(Class

A)

6,542‌

451

(a)

MediaAlpha,

Inc

3,725‌

1,766

(a)

NetFlix,

Inc

666,842‌

201

New

York

Times

Co

(Class

A)

8,281‌

2,690

Omnicom

Group,

Inc

200,351‌

60

(a)

Roku,

Inc

4,235‌

119

Scholastic

Corp

4,539‌

14,050

(b)

Sirius

XM

Holdings,

Inc

63,506‌

1,985

(a)

Take-Two

Interactive

Software,

Inc

278,674‌

103

TEGNA,

Inc

1,501‌

3,172

(a)

Vimeo,

Inc

11,229‌

7,444

(a)

Walt

Disney

Co

603,336‌

3,989

(a)

Warner

Bros

Discovery,

Inc

43,320‌

1,418

(a)

Yelp,

Inc

58,975‌

1,541

(a)

ZipRecruiter,

Inc

18,477‌

6,540

(a)

ZoomInfo

Technologies,

Inc

107,256‌

TOTAL

MEDIA

&

ENTERTAINMENT

3,071,952‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.2

%

1,440

(a)

Aclaris

Therapeutics,

Inc

9,864‌

1,546

(a)

Adaptive

Biotechnologies

Corp

8,426‌

2,708

Agilent

Technologies,

Inc

302,809‌

1,286

(a)

Alector,

Inc

8,333‌

749

(a)

Allogene

Therapeutics,

Inc

2,374‌

2,490

Amgen,

Inc

669,212‌

549

(a)

Arcellx,

Inc

19,698‌

27

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

484

(a)

Arcturus

Therapeutics

Holdings,

Inc

$

12,366‌

33

(a)

Axsome

Therapeutics,

Inc

2,306‌

92

(a)

Biogen,

Inc

23,645‌

1,233

(a)

Biohaven

Ltd

32,070‌

9,882

Bristol-Myers

Squibb

Co

573,551‌

455

(a),(b)

Cassava

Sciences,

Inc

7,571‌

2,038

(a)

Cymabay

Therapeutics,

Inc

30,387‌

2,835

Danaher

Corp

703,364‌

2,329

Eli

Lilly

&

Co

1,250,976‌

1,431

(a)

Erasca,

Inc

2,819‌

4,675

Gilead

Sciences,

Inc

350,345‌

219

(a),(b)

IGM

Biosciences,

Inc

1,829‌

743

(a)

Illumina,

Inc

101,999‌

1,143

(a)

Immunovant,

Inc

43,880‌

1,240

(a)

Intellia

Therapeutics,

Inc

39,209‌

209

(a)

Intra-Cellular

Therapies,

Inc

10,887‌

913

(a)

IQVIA

Holdings,

Inc

179,633‌

8,480

Merck

&

Co,

Inc

873,016‌

83

(a)

Mettler-Toledo

International,

Inc

91,970‌

613

(a)

Mirati

Therapeutics,

Inc

26,702‌

1,002

(a)

Nurix

Therapeutics,

Inc

7,876‌

2,606

(a)

Nuvation

Bio,

Inc

3,492‌

438

(a)

Phathom

Pharmaceuticals,

Inc

4,542‌

425

Phibro

Animal

Health

Corp

5,427‌

1,716

(a)

Point

Biopharma

Global,

Inc

11,446‌

833

(a)

Prothena

Corp

plc

40,192‌

339

(a)

Regeneron

Pharmaceuticals,

Inc

278,983‌

472

(a)

Revance

Therapeutics,

Inc

5,414‌

1,981

(a)

Sana

Biotechnology,

Inc

7,666‌

585

(a)

Scholar

Rock

Holding

Corp

4,154‌

362

(a)

Tango

Therapeutics,

Inc

4,076‌

419

(a)

Tarsus

Pharmaceuticals,

Inc

7,446‌

1,325

(a)

Ultragenyx

Pharmaceutical,

Inc

47,236‌

289

(a)

Viridian

Therapeutics,

Inc

4,433‌

258

(a)

Waters

Corp

70,746‌

524

West

Pharmaceutical

Services,

Inc

196,610‌

3,058

Zoetis,

Inc

532,031‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

6,611,011‌

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0

.1

%

2,365

(a)

Anywhere

Real

Estate,

Inc

15,207‌

1,185

(a)

CBRE

Group,

Inc

87,524‌

79

(a)

Jones

Lang

LaSalle,

Inc

11,153‌

8

RMR

Group,

Inc

196‌

141

(a)

Tejon

Ranch

Co

2,287‌

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

116,367‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

7

.0

%

4,342

Applied

Materials,

Inc

601,150‌

289

(a)

Cirrus

Logic,

Inc

21,374‌

935

(a)

First

Solar,

Inc

151,087‌

19,540

Intel

Corp

694,647‌

862

Lam

Research

Corp

540,276‌

5,604

Marvell

Technology,

Inc

303,345‌

5,449

Nvidia

Corp

2,370,260‌

512

(a)

Onto

Innovation,

Inc

65,290‌

2,266

(a)

Rambus,

Inc

126,420‌

256

(a)

Silicon

Laboratories,

Inc

29,668‌

3,962

Texas

Instruments,

Inc

629,998‌

1,694

(a)

Wolfspeed,

Inc

64,541‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

5,598,056‌

TIAA-CREF

Life

Social

Choice

Equity

Fund

September

30,

2023

28

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES

-

15

.2

%

2,447

Accenture

plc

$

751,498‌

1,630

(a)

Adobe,

Inc

831,137‌

898

(a)

Akamai

Technologies,

Inc

95,673‌

123

(a)

Ansys,

Inc

36,599‌

2,289

(a)

Autodesk,

Inc

473,617‌

1,888

(a)

Cadence

Design

Systems,

Inc

442,358‌

1,267

Dolby

Laboratories,

Inc

(Class

A)

100,422‌

4,408

(a)

DXC

Technology

Co

91,819‌

83

(a)

Fair

Isaac

Corp

72,088‌

111

(a)

HubSpot,

Inc

54,668‌

312

(a)

Intapp,

Inc

10,458‌

225

InterDigital,

Inc

18,054‌

4,407

International

Business

Machines

Corp

618,302‌

1,285

Intuit,

Inc

656,558‌

15,447

Microsoft

Corp

4,877,390‌

890

(a)

New

Relic,

Inc

76,202‌

1,727

(a)

Nutanix,

Inc

60,238‌

136

(a)

OneSpan,

Inc

1,462‌

3,704

(a)

Salesforce,

Inc

751,097‌

1,088

(a)

ServiceNow,

Inc

608,148‌

774

(a)

SPS

Commerce,

Inc

132,052‌

1,141

(a)

Synopsys,

Inc

523,685‌

816

(a)

Teradata

Corp

36,736‌

2,737

(a)

VMware,

Inc

(Class

A)

455,656‌

2,046

(a)

Workday,

Inc

439,583‌

365

(a)

Xperi,

Inc

3,599‌

TOTAL

SOFTWARE

&

SERVICES

12,219,099‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

4

.3

%

954

ADTRAN

Holdings,

Inc

7,851‌

1,906

Avnet,

Inc

91,850‌

626

Badger

Meter,

Inc

90,063‌

826

Benchmark

Electronics,

Inc

20,039‌

1,872

(a)

Ciena

Corp

88,471‌

15,133

Cisco

Systems,

Inc

813,550‌

691

CTS

Corp

28,842‌

587

(a)

ePlus,

Inc

37,286‌

776

(a)

Fabrinet

129,297‌

418

(a)

FARO

Technologies,

Inc

6,366‌

2,306

(a)

Harmonic,

Inc

22,207‌

25,585

Hewlett

Packard

Enterprise

Co

444,411‌

14,558

HP,

Inc

374,141‌

612

(a)

Insight

Enterprises,

Inc

89,046‌

362

(a)

Itron,

Inc

21,930‌

2,657

(a)

Keysight

Technologies,

Inc

351,548‌

483

(a)

Kimball

Electronics,

Inc

13,225‌

1,951

(a)

Knowles

Corp

28,894‌

189

(a),(b)

Lumentum

Holdings,

Inc

8,539‌

91

Methode

Electronics,

Inc

2,079‌

4,024

(a),(b)

MicroVision,

Inc

8,813‌

4,164

(a)

Mirion

Technologies,

Inc

31,105‌

2,747

National

Instruments

Corp

163,776‌

624

(a)

Netgear,

Inc

7,856‌

196

(a)

Novanta,

Inc

28,114‌

337

(a)

OSI

Systems,

Inc

39,780‌

562

(a),(b)

PAR

Technology

Corp

21,660‌

571

(a)

Plexus

Corp

53,092‌

633

(a)

Ribbon

Communications,

Inc

1,696‌

377

(a)

Rogers

Corp

49,564‌

5,168

(a)

Trimble

Inc

278,348‌

247

(a)

Vishay

Precision

Group,

Inc

8,294‌

3,317

Vontier

Corp

102,562‌

29

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

2,383

Xerox

Holdings

Corp

$

37,389‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

3,501,684‌

TELECOMMUNICATION

SERVICES

-

0

.9

%

514

(a)

Bandwidth,

Inc

5,793‌

2,195

Iridium

Communications,

Inc

99,851‌

18,481

Verizon

Communications,

Inc

598,969‌

TOTAL

TELECOMMUNICATION

SERVICES

704,613‌

TRANSPORTATION

-

2

.7

%

502

ArcBest

Corp

51,028‌

763

CH

Robinson

Worldwide,

Inc

65,717‌

16,281

CSX

Corp

500,641‌

9,834

Delta

Air

Lines,

Inc

363,858‌

1,441

Expeditors

International

Washington,

Inc

165,182‌

118

Norfolk

Southern

Corp

23,238‌

716

Old

Dominion

Freight

Line

292,944‌

310

(a)

Saia,

Inc

123,582‌

3,521

United

Parcel

Service,

Inc

(Class

B)

548,818‌

TOTAL

TRANSPORTATION

2,135,008‌

UTILITIES

-

2

.1

%

3,925

American

Electric

Power

Co,

Inc

295,239‌

1,977

Consolidated

Edison,

Inc

169,093‌

8,980

NextEra

Energy,

Inc

514,464‌

7,085

Southern

Co

458,541‌

1,065

WEC

Energy

Group,

Inc

85,786‌

2,555

Xcel

Energy,

Inc

146,197‌

TOTAL

UTILITIES

1,669,320‌

TOTAL

COMMON

STOCKS

79,770,772‌

(Cost

$51,522,598)

TOTAL

LONG-TERM

INVESTMENTS

79,770,772‌

(Cost

$51,522,598)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

1.4%

REPURCHASE

AGREEMENT

-

1

.4

%

$

1,135,000

(d)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

1,135,000‌

TOTAL

REPURCHASE

AGREEMENT

1,135,000‌

TOTAL

SHORT-TERM

INVESTMENTS

1,135,000‌

(Cost

$1,135,000)

SHARES

EXP

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

0.2%

109,908

(e)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

5

.360

109,908‌

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

109,908‌

(Cost

$109,908)

TOTAL

INVESTMENTS

-

100.6%

81,015,680‌

(Cost

$52,767,506)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.6)%

(

450,273‌

)

NET

ASSETS

-

100.0%

$

80,565,407‌

REIT

Real

Estate

Investment

Trust

TIAA-CREF

Life

Social

Choice

Equity

Fund

September

30,

2023

30

Portfolio

of

Investments

(continued)

(a)

Non-income

producing

(b)

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$101,756.

(c)

All

or

a

portion

of

these

securities

have

been

segregated

to

cover

margin

requirements

on

open

futures

contracts.

(d)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$1,135,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$1,157,794.

(e)

Investments

made

with

cash

collateral

received

from

securities

on

loan.

Futures

Contracts

-

Long

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

S&P

500

E

Mini

Index

5‌

12/15/23

$

1,128,686‌

$

1,081,375‌

$

(

47,311‌

)

Portfolio

of

Investments

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

31

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

99.7%

COMMON

STOCKS

-

99.7%

AUTOMOBILES

&

COMPONENTS

-

2

.2

%

1,634

(a)

Adient

plc

$

59,968‌

1,752

(a)

American

Axle

&

Manufacturing

Holdings,

Inc

12,719‌

4,464

(a)

Aptiv

plc

440,106‌

4,087

BorgWarner,

Inc

164,992‌

271

(a)

Cooper-Standard

Holdings,

Inc

3,637‌

2,264

Dana

Inc

33,213‌

476

(a)

Dorman

Products,

Inc

36,062‌

2,668

(a),(b)

Fisker,

Inc

17,128‌

65,714

Ford

Motor

Co

816,168‌

713

(a)

Fox

Factory

Holding

Corp

70,644‌

23,059

General

Motors

Co

760,255‌

4,153

Gentex

Corp

135,139‌

573

(a)

Gentherm,

Inc

31,091‌

4,151

(a)

Goodyear

Tire

&

Rubber

Co

51,597‌

2,377

Harley-Davidson,

Inc

78,584‌

377

LCI

Industries

44,267‌

1,037

Lear

Corp

139,165‌

11,997

(a),(b)

Lucid

Group,

Inc

67,063‌

3,923

(a),(b)

Luminar

Technologies,

Inc

17,850‌

772

(a)

Modine

Manufacturing

Co

35,319‌

381

Patrick

Industries,

Inc

28,598‌

817

Phinia,

Inc

21,887‌

4,728

(a),(b)

QuantumScape

Corp

31,630‌

10,927

(a)

Rivian

Automotive,

Inc

265,307‌

2,129

(a),(b)

Solid

Power,

Inc

4,301‌

330

Standard

Motor

Products,

Inc

11,095‌

449

(a)

Stoneridge,

Inc

9,011‌

45,931

(a)

Tesla,

Inc

11,492,855‌

900

Thor

Industries,

Inc

85,617‌

496

(a)

Visteon

Corp

68,483‌

486

Winnebago

Industries,

Inc

28,893‌

2,131

(a),(b)

Workhorse

Group,

Inc

883‌

343

(a)

XPEL,

Inc

26,449‌

TOTAL

AUTOMOBILES

&

COMPONENTS

15,089,976‌

BANKS

-

3

.3

%

254

1st

Source

Corp

10,691‌

95

ACNB

Corp

3,003‌

197

Amalgamated

Financial

Corp

3,392‌

442

Amerant

Bancorp,

Inc

7,708‌

127

American

National

Bankshares,

Inc

4,818‌

1,222

Ameris

Bancorp

46,913‌

205

Arrow

Financial

Corp

3,489‌

2,719

Associated

Banc-Corp

46,522‌

1,279

Atlantic

Union

Bankshares

Corp

36,810‌

945

(a)

Axos

Financial,

Inc

35,778‌

697

Banc

of

California,

Inc

8,629‌

446

Bancfirst

Corp

38,682‌

814

(a)

Bancorp,

Inc

28,083‌

117

(b)

Bank

First

Corp

9,027‌

116,887

Bank

of

America

Corp

3,200,366‌

861

(b)

Bank

of

Hawaii

Corp

42,783‌

174

Bank

of

Marin

Bancorp

3,181‌

1,235

Bank

of

NT

Butterfield

&

Son

Ltd

33,444‌

2,233

Bank

OZK

82,777‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

32

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

1,737

BankUnited,

Inc

$

39,430‌

511

Banner

Corp

21,656‌

219

Bar

Harbor

Bankshares

5,175‌

148

BayCom

Corp

2,843‌

174

BCB

Bancorp,

Inc

1,938‌

641

Berkshire

Hills

Bancorp,

Inc

12,852‌

298

(a)

Blue

Foundry

Bancorp

2,494‌

235

Blue

Ridge

Bankshares,

Inc

1,062‌

717

BOK

Financial

Corp

57,346‌

385

(a)

Bridgewater

Bancshares,

Inc

3,650‌

1,258

Brookline

Bancorp,

Inc

11,460‌

115

(b)

Burke

&

Herbert

Financial

Services

Corp

5,343‌

324

Business

First

Bancshares,

Inc

6,078‌

231

Byline

Bancorp,

Inc

4,553‌

3,491

Cadence

Bank

74,079‌

59

Cambridge

Bancorp

3,675‌

238

Camden

National

Corp

6,716‌

693

Capital

Bancorp,

Inc

13,257‌

156

Capital

City

Bank

Group,

Inc

4,653‌

2,332

Capitol

Federal

Financial,

Inc

11,124‌

292

Capstar

Financial

Holdings,

Inc

4,143‌

641

(a)

Carter

Bankshares,

Inc

8,032‌

1,220

Cathay

General

Bancorp

42,407‌

470

Central

Pacific

Financial

Corp

7,840‌

32,647

Citigroup,

Inc

1,342,771‌

167

Citizens

&

Northern

Corp

2,931‌

8,682

Citizens

Financial

Group,

Inc

232,678‌

63

Citizens

Financial

Services,

Inc

3,019‌

236

City

Holding

Co

21,323‌

157

Civista

Bancshares,

Inc

2,434‌

226

CNB

Financial

Corp

4,093‌

415

(a)

Coastal

Financial

Corp

17,808‌

163

Colony

Bankcorp,

Inc

1,629‌

3,230

Columbia

Banking

System,

Inc

65,569‌

599

(a)

Columbia

Financial,

Inc

9,410‌

2,351

Comerica,

Inc

97,684‌

1,958

Commerce

Bancshares,

Inc

93,945‌

1,009

Community

Bank

System,

Inc

42,590‌

238

Community

Trust

Bancorp,

Inc

8,154‌

422

ConnectOne

Bancorp,

Inc

7,524‌

858

(a)

CrossFirst

Bankshares,

Inc

8,657‌

1,101

Cullen/Frost

Bankers,

Inc

100,422‌

438

(a)

Customers

Bancorp,

Inc

15,089‌

2,357

CVB

Financial

Corp

39,055‌

611

Dime

Community

Bancshares,

Inc

12,196‌

638

Eagle

Bancorp,

Inc

13,685‌

2,453

East

West

Bancorp,

Inc

129,298‌

2,652

Eastern

Bankshares,

Inc

33,256‌

147

Enterprise

Bancorp,

Inc

4,025‌

424

Enterprise

Financial

Services

Corp

15,900‌

161

Equity

Bancshares,

Inc

3,875‌

105

Esquire

Financial

Holdings,

Inc

4,797‌

227

ESSA

Bancorp,

Inc

3,407‌

193

Farmers

&

Merchants

Bancorp,

Inc

3,383‌

378

Farmers

National

Banc

Corp

4,370‌

560

FB

Financial

Corp

15,882‌

11,764

Fifth

Third

Bancorp

297,982‌

202

Financial

Institutions,

Inc

3,400‌

440

First

Bancorp

12,382‌

3,399

First

BanCorp

45,751‌

162

First

Bancorp,

Inc

3,807‌

201

First

Bancshares,

Inc

5,421‌

354

First

Bank

3,816‌

33

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

586

First

Busey

Corp

$

11,263‌

87

First

Business

Financial

Services,

Inc

2,611‌

183

First

Citizens

Bancshares,

Inc

(Class

A)

252,558‌

1,371

First

Commonwealth

Financial

Corp

16,740‌

242

First

Community

Bancshares,

Inc

7,127‌

1,705

First

Financial

Bancorp

33,418‌

2,288

First

Financial

Bankshares,

Inc

57,475‌

445

First

Foundation,

Inc

2,706‌

2,293

First

Hawaiian,

Inc

41,389‌

8,270

First

Horizon

National

Corp

91,135‌

1,459

First

Interstate

BancSystem,

Inc

36,387‌

960

First

Merchants

Corp

26,707‌

93

First

Mid

Bancshares,

Inc

2,470‌

321

First

of

Long

Island

Corp

3,695‌

170

(a)

First

Western

Financial,

Inc

3,086‌

177

Five

Star

Bancorp

3,551‌

358

Flushing

Financial

Corp

4,701‌

5,298

FNB

Corp

57,165‌

2,673

Fulton

Financial

Corp

32,370‌

158

(a)

FVCBankcorp,

Inc

2,024‌

325

German

American

Bancorp,

Inc

8,804‌

1,648

Glacier

Bancorp,

Inc

46,968‌

26

Great

Southern

Bancorp,

Inc

1,246‌

132

Greene

County

Bancorp,

Inc

3,175‌

28

Guaranty

Bancshares,

Inc

803‌

1,685

Hancock

Whitney

Corp

62,328‌

484

Hanmi

Financial

Corp

7,855‌

1,147

HarborOne

Bancorp,

Inc

10,919‌

429

Heartland

Financial

USA,

Inc

12,625‌

1,217

Heritage

Commerce

Corp

10,308‌

460

Heritage

Financial

Corp

7,503‌

1,168

Hilltop

Holdings,

Inc

33,124‌

22

(b)

Hingham

Institution

For

Savings

The

4,109‌

89

Home

Bancorp,

Inc

2,836‌

2,960

Home

Bancshares,

Inc

61,982‌

314

HomeStreet,

Inc

2,446‌

265

HomeTrust

Bancshares,

Inc

5,743‌

1,956

Hope

Bancorp,

Inc

17,311‌

501

Horizon

Bancorp,

Inc

5,351‌

25,248

Huntington

Bancshares,

Inc

262,579‌

308

Independent

Bank

Corp

5,649‌

726

Independent

Bank

Corp

35,639‌

488

Independent

Bank

Group,

Inc

19,300‌

843

International

Bancshares

Corp

36,536‌

164

John

Marshall

Bancorp,

Inc

2,927‌

48,181

JPMorgan

Chase

&

Co

6,987,209‌

2,079

Kearny

Financial

Corp

14,407‌

16,007

Keycorp

172,235‌

584

Lakeland

Bancorp,

Inc

7,370‌

525

Lakeland

Financial

Corp

24,917‌

485

Live

Oak

Bancshares,

Inc

14,041‌

341

Luther

Burbank

Corp

2,864‌

2,860

M&T

Bank

Corp

361,647‌

400

Macatawa

Bank

Corp

3,584‌

226

Mercantile

Bank

Corp

6,986‌

224

Metrocity

Bankshares,

Inc

4,408‌

101

(a)

Metropolitan

Bank

Holding

Corp

3,664‌

129

Mid

Penn

Bancorp,

Inc

2,597‌

324

Midland

States

Bancorp,

Inc

6,655‌

169

MidWestOne

Financial

Group,

Inc

3,436‌

142

MVB

Financial

Corp

3,206‌

535

National

Bank

Holdings

Corp

15,922‌

243

National

Bankshares,

Inc

6,085‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

34

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

669

NBT

Bancorp,

Inc

$

21,201‌

10,780

New

York

Community

Bancorp,

Inc

122,245‌

140

Nicolet

Bankshares,

Inc

9,769‌

90

Northeast

Bank

3,969‌

643

Northfield

Bancorp,

Inc

6,076‌

2,189

Northwest

Bancshares,

Inc

22,393‌

37,976

(a)

NU

Holdings

Ltd

275,326‌

714

OceanFirst

Financial

Corp

10,332‌

596

OFG

Bancorp

17,797‌

4,862

Old

National

Bancorp

70,693‌

432

Old

Second

Bancorp,

Inc

5,880‌

249

Origin

Bancorp,

Inc

7,189‌

111

Orrstown

Financial

Services,

Inc

2,332‌

1,405

Pacific

Premier

Bancorp,

Inc

30,573‌

1,717

PacWest

Bancorp

13,581‌

205

Park

National

Corp

19,377‌

126

Parke

Bancorp,

Inc

2,053‌

753

Pathward

Financial,

Inc

34,706‌

144

PCB

Bancorp

2,225‌

259

Peapack

Gladstone

Financial

Corp

6,643‌

532

Peoples

Bancorp,

Inc

13,502‌

101

Peoples

Financial

Services

Corp

4,050‌

1,330

Pinnacle

Financial

Partners,

Inc

89,163‌

226

(a)

Pioneer

Bancorp,

Inc

1,930‌

6,656

PNC

Financial

Services

Group,

Inc

817,157‌

420

(a)

Ponce

Financial

Group,

Inc

3,284‌

1,252

Popular,

Inc

78,889‌

188

Preferred

Bank

11,703‌

586

Premier

Financial

Corp

9,997‌

169

Primis

Financial

Corp

1,377‌

1,690

Prosperity

Bancshares,

Inc

92,240‌

1,239

Provident

Financial

Services,

Inc

18,944‌

190

QCR

Holdings,

Inc

9,219‌

104

RBB

Bancorp

1,329‌

91

Red

River

Bancshares,

Inc

4,182‌

16,640

Regions

Financial

Corp

286,208‌

769

Renasant

Corp

20,140‌

146

Republic

Bancorp,

Inc

(Class

A)

6,431‌

540

S&T

Bancorp,

Inc

14,623‌

495

Sandy

Spring

Bancorp,

Inc

10,608‌

977

Seacoast

Banking

Corp

of

Florida

21,455‌

726

ServisFirst

Bancshares,

Inc

37,875‌

130

Shore

Bancshares,

Inc

1,368‌

192

Sierra

Bancorp

3,640‌

1,550

Simmons

First

National

Corp

(Class

A)

26,288‌

116

SmartFinancial,

Inc

2,479‌

138

South

Plains

Financial,

Inc

3,649‌

101

(a)

Southern

First

Bancshares,

Inc

2,721‌

86

Southern

Missouri

Bancorp,

Inc

3,327‌

432

Southside

Bancshares,

Inc

12,398‌

1,456

SouthState

Corp

98,076‌

522

Stellar

Bancorp,

Inc

11,129‌

346

(a)

Sterling

Bancorp,

Inc

2,021‌

421

Stock

Yards

Bancorp,

Inc

16,541‌

164

Summit

Financial

Group,

Inc

3,697‌

2,625

Synovus

Financial

Corp

72,975‌

932

(a)

Texas

Capital

Bancshares,

Inc

54,895‌

192

(a)

Third

Coast

Bancshares,

Inc

3,283‌

229

Tompkins

Trustco,

Inc

11,219‌

996

Towne

Bank

22,838‌

618

Trico

Bancshares

19,795‌

513

Triumph

Financial,

Inc

33,237‌

22,420

Truist

Financial

Corp

641,436‌

35

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

277

TrustCo

Bank

Corp

NY

$

7,559‌

1,035

Trustmark

Corp

22,491‌

685

UMB

Financial

Corp

42,504‌

1,802

United

Bankshares,

Inc

49,717‌

1,315

United

Community

Banks,

Inc

33,414‌

364

Univest

Financial

Corp

6,326‌

25,013

US

Bancorp

826,930‌

328

(a)

USCB

Financial

Holdings,

Inc

3,447‌

7,103

Valley

National

Bancorp

60,802‌

1,054

Veritex

Holdings,

Inc

18,919‌

1,098

Washington

Federal,

Inc

28,131‌

232

Washington

Trust

Bancorp,

Inc

6,109‌

3,310

Webster

Financial

Corp

133,426‌

61,403

Wells

Fargo

&

Co

2,508,927‌

875

WesBanco,

Inc

21,368‌

239

West

Bancorporation,

Inc

3,898‌

533

Westamerica

Bancorporation

23,052‌

1,585

Western

Alliance

Bancorp

72,862‌

886

Wintrust

Financial

Corp

66,893‌

1,054

WSFS

Financial

Corp

38,471‌

2,692

Zions

Bancorporation

93,924‌

TOTAL

BANKS

23,084,045‌

CAPITAL

GOODS

-

6

.4

%

2,107

(a)

3D

Systems

Corp

10,345‌

9,318

3M

Co

872,351‌

2,034

A.O.

Smith

Corp

134,508‌

1,086

Aaon,

Inc

61,761‌

511

(a)

AAR

Corp

30,420‌

470

Acuity

Brands,

Inc

80,046‌

1,058

Advanced

Drainage

Systems,

Inc

120,432‌

2,147

Aecom

Technology

Corp

178,287‌

407

(a)

Aerovironment,

Inc

45,393‌

149

(a)

AerSale

Corp

2,226‌

1,087

AGCO

Corp

128,570‌

1,327

Air

Lease

Corp

52,297‌

148

Alamo

Group,

Inc

25,583‌

620

Albany

International

Corp

(Class

A)

53,494‌

1,346

Allegion

plc

140,253‌

197

Allied

Motion

Technologies,

Inc

6,091‌

1,473

Allison

Transmission

Holdings,

Inc

86,995‌

330

Alta

Equipment

Group,

Inc

3,980‌

512

(a)

Ameresco,

Inc

19,743‌

254

(a)

American

Woodmark

Corp

19,205‌

3,833

Ametek,

Inc

566,364‌

2,835

(a)

API

Group

Corp

73,512‌

438

Apogee

Enterprises,

Inc

20,621‌

567

Applied

Industrial

Technologies,

Inc

87,664‌

2,056

(a),(b)

Archer

Aviation,

Inc

10,403‌

909

Arcosa,

Inc

65,357‌

244

Argan,

Inc

11,107‌

564

Armstrong

World

Industries,

Inc

40,608‌

2,492

(a)

Array

Technologies,

Inc

55,297‌

334

Astec

Industries,

Inc

15,735‌

340

(a)

Astronics

Corp

5,392‌

587

(a)

Atkore,

Inc

87,575‌

1,101

(a)

Axon

Enterprise,

Inc

219,088‌

1,731

(a)

AZEK

Co,

Inc

51,480‌

406

AZZ,

Inc

18,505‌

1,051

(a)

Babcock

&

Wilcox

Enterprises,

Inc

4,425‌

782

Barnes

Group,

Inc

26,565‌

1,000

(a)

Beacon

Roofing

Supply,

Inc

77,170‌

632

(a),(b)

Blink

Charging

Co

1,934‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

36

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

2,944

(a),(b)

Bloom

Energy

Corp

$

39,037‌

217

(a)

Blue

Bird

Corp

4,633‌

166

(a)

BlueLinx

Holdings,

Inc

13,627‌

9,246

(a)

Boeing

Co

1,772,273‌

597

Boise

Cascade

Co

61,515‌

145

(a)

Bowman

Consulting

Group

Ltd

4,064‌

287

(b)

Brookfield

Business

Corp

5,189‌

2,182

(a)

Builders

FirstSource,

Inc

271,637‌

1,363

BWX

Technologies,

Inc

102,198‌

228

Cadre

Holdings,

Inc

6,076‌

862

Carlisle

Cos,

Inc

223,482‌

13,812

Carrier

Global

Corp

762,422‌

8,606

Caterpillar,

Inc

2,349,438‌

4,222

(a),(b)

ChargePoint

Holdings,

Inc

20,983‌

669

(a)

Chart

Industries,

Inc

113,141‌

337

(a)

CIRCOR

International,

Inc

18,788‌

14,332

CNH

Industrial

NV

173,417‌

413

Columbus

McKinnon

Corp

14,418‌

575

Comfort

Systems

USA,

Inc

97,986‌

597

(a)

Commercial

Vehicle

Group,

Inc

4,633‌

708

(a)

Concrete

Pumping

Holdings,

Inc

6,075‌

531

(a)

Construction

Partners,

Inc

19,413‌

1,040

(a)

Core

&

Main,

Inc

30,004‌

775

Crane

Co

68,851‌

775

Crane

NXT

Co

43,067‌

225

CSW

Industrials,

Inc

39,429‌

2,401

Cummins,

Inc

548,532‌

722

Curtiss-Wright

Corp

141,245‌

688

(a),(b)

Custom

Truck

One

Source,

Inc

4,266‌

4,561

Deere

&

Co

1,721,230‌

4,600

(a),(b)

Desktop

Metal,

Inc

6,716‌

2,166

Donaldson

Co,

Inc

129,180‌

347

Douglas

Dynamics,

Inc

10,472‌

2,313

Dover

Corp

322,687‌

160

(a)

Ducommun,

Inc

6,962‌

240

(a)

DXP

Enterprises,

Inc

8,386‌

486

(a)

Dycom

Industries,

Inc

43,254‌

6,624

Eaton

Corp

plc

1,412,767‌

824

EMCOR

Group,

Inc

173,361‌

9,430

Emerson

Electric

Co

910,655‌

318

Encore

Wire

Corp

58,022‌

738

(a)

Energy

Recovery,

Inc

15,653‌

1,905

(a),(b)

Energy

Vault

Holdings,

Inc

4,858‌

917

Enerpac

Tool

Group

Corp

24,236‌

681

EnerSys

64,470‌

2,221

(a),(b)

Enovix

Corp

27,874‌

330

EnPro

Industries,

Inc

39,993‌

1,688

(a),(b)

Eos

Energy

Enterprises,

Inc

3,629‌

752

Esab

Corp

52,805‌

502

ESCO

Technologies,

Inc

52,429‌

1,410

(a)

ESS

Tech,

Inc

2,651‌

9,626

Fastenal

Co

525,965‌

1,130

Federal

Signal

Corp

67,495‌

3,268

Ferguson

plc

537,488‌

2,325

Flowserve

Corp

92,465‌

503

(a),(b)

Fluence

Energy,

Inc

11,564‌

2,528

(a)

Fluor

Corp

92,778‌

5,820

Fortive

Corp

431,611‌

2,291

Fortune

Brands

Innovations,

Inc

142,409‌

719

Franklin

Electric

Co,

Inc

64,156‌

1,383

FTAI

Aviation

Ltd

49,166‌

426

(a),(b)

FTC

Solar,

Inc

545‌

6,671

(a)

FuelCell

Energy,

Inc

8,539‌

37

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

1,000

(a)

Gates

Industrial

Corp

plc

$

11,610‌

426

GATX

Corp

46,362‌

1,074

(a)

Generac

Holdings,

Inc

117,023‌

4,100

General

Dynamics

Corp

905,977‌

18,261

General

Electric

Co

2,018,754‌

567

(a)

Gibraltar

Industries,

Inc

38,278‌

187

Global

Industrial

Co

6,264‌

829

(a)

GMS,

Inc

53,031‌

368

Gorman-Rupp

Co

12,107‌

2,901

Graco,

Inc

211,425‌

2,996

GrafTech

International

Ltd

11,475‌

696

Granite

Construction,

Inc

26,462‌

890

(a)

Great

Lakes

Dredge

&

Dock

Corp

7,093‌

648

Greenbrier

Cos,

Inc

25,920‌

552

Griffon

Corp

21,898‌

627

H&E

Equipment

Services,

Inc

27,080‌

1,178

(a)

Hayward

Holdings,

Inc

16,610‌

760

HEICO

Corp

123,067‌

1,362

HEICO

Corp

(Class

A)

175,998‌

629

Helios

Technologies,

Inc

34,897‌

413

Herc

Holdings,

Inc

49,122‌

1,552

Hexcel

Corp

101,097‌

1,406

Hillenbrand,

Inc

59,488‌

1,910

(a)

Hillman

Solutions

Corp

15,758‌

11,012

Honeywell

International,

Inc

2,034,357‌

6,541

Howmet

Aerospace,

Inc

302,521‌

933

Hubbell,

Inc

292,412‌

699

(a)

Hudson

Technologies,

Inc

9,297‌

625

Huntington

Ingalls

Industries,

Inc

127,863‌

1,987

(a)

Hyliion

Holdings

Corp

2,345‌

158

Hyster-Yale

Materials

Handling,

Inc

7,044‌

1,271

IDEX

Corp

264,393‌

137

(a)

IES

Holdings,

Inc

9,024‌

4,979

Illinois

Tool

Works,

Inc

1,146,713‌

6,510

Ingersoll

Rand,

Inc

414,817‌

289

Insteel

Industries,

Inc

9,381‌

1,554

ITT,

Inc

152,152‌

1,086

(a)

Janus

International

Group,

Inc

11,620‌

1,178

(a)

JELD-WEN

Holding,

Inc

15,738‌

486

John

Bean

Technologies

Corp

51,098‌

11,579

Johnson

Controls

International

plc

616,119‌

166

Kadant,

Inc

37,441‌

670

Kaman

Corp

13,166‌

172

Karat

Packaging,

Inc

3,966‌

1,307

Kennametal,

Inc

32,518‌

1,903

(a)

Kratos

Defense

&

Security

Solutions,

Inc

28,583‌

3,195

L3Harris

Technologies,

Inc

556,313‌

192

(a)

Lawson

Products,

Inc

4,992‌

580

Lennox

International,

Inc

217,175‌

543

(a)

Leonardo

DRS,

Inc

9,068‌

153

(a)

Limbach

Holdings,

Inc

4,855‌

954

Lincoln

Electric

Holdings,

Inc

173,428‌

165

Lindsay

Corp

19,417‌

3,761

Lockheed

Martin

Corp

1,538,099‌

385

LSI

Industries,

Inc

6,114‌

478

Luxfer

Holdings

plc

6,238‌

539

(a)

Manitowoc

Co,

Inc

8,112‌

3,600

Masco

Corp

192,420‌

464

(a)

Masonite

International

Corp

43,254‌

1,042

(a)

Mastec,

Inc

74,993‌

2,359

(a)

Masterbrand,

Inc

28,662‌

379

McGrath

RentCorp

37,991‌

2,999

MDU

Resources

Group,

Inc

58,720‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

38

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

952

(a)

Mercury

Computer

Systems,

Inc

$

35,310‌

2,986

(a),(b)

Microvast

Holdings,

Inc

5,644‌

820

(a)

Middleby

Corp

104,960‌

168

Miller

Industries,

Inc

6,587‌

629

Moog,

Inc

(Class

A)

71,052‌

1,441

(a)

MRC

Global,

Inc

14,770‌

779

MSC

Industrial

Direct

Co

(Class

A)

76,459‌

883

Mueller

Industries,

Inc

66,366‌

2,381

Mueller

Water

Products,

Inc

(Class

A)

30,191‌

301

(a)

MYR

Group,

Inc

40,563‌

76

National

Presto

Industries,

Inc

5,507‌

418

(a)

NEXTracker,

Inc

16,787‌

9,268

(a),(b)

Nikola

Corp

14,551‌

995

Nordson

Corp

222,054‌

2,375

Northrop

Grumman

Corp

1,045,451‌

149

(a)

Northwest

Pipe

Co

4,495‌

1,637

(a)

NOW,

Inc

19,431‌

262

(a),(b)

NuScale

Power

Corp

1,284‌

2,708

nVent

Electric

plc

143,497‌

44

Omega

Flex,

Inc

3,464‌

1,192

Oshkosh

Corp

113,753‌

6,945

Otis

Worldwide

Corp

557,753‌

1,508

Owens

Corning,

Inc

205,706‌

8,604

PACCAR,

Inc

731,512‌

291

Park

Aerospace

Corp

4,519‌

2,182

Parker-Hannifin

Corp

849,933‌

420

(a)

Parsons

Corp

22,827‌

2,996

Pentair

plc

193,991‌

763

(a)

PGT

Innovations,

Inc

21,173‌

8,759

(a),(b)

Plug

Power,

Inc

66,568‌

263

Powell

Industries,

Inc

21,803‌

51

Preformed

Line

Products

Co

8,292‌

729

Primoris

Services

Corp

23,860‌

509

(a)

Proto

Labs,

Inc

13,438‌

492

Quanex

Building

Products

Corp

13,860‌

2,443

Quanta

Services,

Inc

457,012‌

477

(a)

RBC

Bearings,

Inc

111,680‌

1,177

Regal-Beloit

Corp

168,170‌

2,451

(a)

Resideo

Technologies,

Inc

38,726‌

562

REV

Group,

Inc

8,992‌

4,108

(a),(b)

Rocket

Lab

USA,

Inc

17,993‌

1,951

Rockwell

Automation,

Inc

557,732‌

24,613

RTX

Corp

1,771,398‌

216

Rush

Enterprises,

Inc

9,783‌

1,036

Rush

Enterprises,

Inc

(Class

A)

42,300‌

2,324

Sensata

Technologies

Holding

plc

87,894‌

2,046

(a),(b)

SES

AI

Corp

4,644‌

2,761

(a)

Shoals

Technologies

Group,

Inc

50,388‌

514

Shyft

Group,

Inc

7,695‌

842

Simpson

Manufacturing

Co,

Inc

126,140‌

727

(a)

SiteOne

Landscape

Supply,

Inc

118,828‌

878

Snap-On,

Inc

223,943‌

1,891

Spirit

Aerosystems

Holdings,

Inc

(Class

A)

30,521‌

647

(a)

SPX

Technologies,

Inc

52,666‌

195

Standex

International

Corp

28,410‌

2,609

Stanley

Black

&

Decker,

Inc

218,060‌

2,463

(a),(b)

Stem,

Inc

10,443‌

394

(a)

Sterling

Construction

Co,

Inc

28,951‌

1,332

(a),(b)

SunPower

Corp

8,218‌

3,438

(a)

Sunrun,

Inc

43,181‌

268

Tennant

Co

19,872‌

939

Terex

Corp

54,105‌

550

Textainer

Group

Holdings

Ltd

20,487‌

39

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

3,365

Textron,

Inc

$

262,941‌

509

(a)

Thermon

Group

Holdings,

Inc

13,982‌

1,188

Timken

Co

87,306‌

638

(a)

Titan

International,

Inc

8,568‌

282

(a)

Titan

Machinery,

Inc

7,496‌

1,833

Toro

Co

152,322‌

3,766

Trane

Technologies

plc

764,159‌

121

(a)

Transcat,

Inc

11,854‌

882

(a)

TransDigm

Group,

Inc

743,641‌

1,924

(a)

Trex

Co,

Inc

118,576‌

1,374

Trinity

Industries,

Inc

33,457‌

664

Triton

International

Ltd

54,624‌

1,063

(a)

Triumph

Group,

Inc

8,143‌

1,186

(a)

Tutor

Perini

Corp

9,286‌

901

UFP

Industries,

Inc

92,262‌

1,178

United

Rentals,

Inc

523,703‌

156

(a)

V2X,

Inc

8,059‌

345

Valmont

Industries,

Inc

82,872‌

1,767

(a)

Velo3D,

Inc

2,757‌

251

Veritiv

Corp

42,394‌

5,197

Vertiv

Holdings

Co

193,328‌

339

(a)

Vicor

Corp

19,964‌

3,817

(a)

Virgin

Galactic

Holdings,

Inc

6,871‌

756

W.W.

Grainger,

Inc

523,031‌

918

Wabash

National

Corp

19,388‌

593

Watsco,

Inc

223,988‌

522

Watts

Water

Technologies,

Inc

(Class

A)

90,212‌

763

WESCO

International,

Inc

109,735‌

2,818

Westinghouse

Air

Brake

Technologies

Corp

299,469‌

3,600

(a)

WillScot

Mobile

Mini

Holdings

Corp

149,724‌

1,032

Woodward

Inc

128,236‌

576

(a),(b)

Xometry,

Inc

9,780‌

3,847

Xylem,

Inc

350,192‌

2,011

Zurn

Elkay

Water

Solutions

Corp

56,348‌

TOTAL

CAPITAL

GOODS

44,570,618‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.6

%

1,238

ABM

Industries,

Inc

49,532‌

1,696

ACCO

Brands

Corp

9,735‌

1,880

(a)

ACV

Auctions,

Inc

28,538‌

5,802

(a)

Alight,

Inc

41,136‌

271

Aris

Water

Solution,

Inc

2,705‌

918

(a)

ASGN,

Inc

74,982‌

5,166

(a)

Aurora

Innovation,

Inc

12,140‌

6,883

Automatic

Data

Processing,

Inc

1,655,912‌

110

Barrett

Business

Services,

Inc

9,926‌

2,100

(a),(b)

BlackSky

Technology,

Inc

2,457‌

2,259

Booz

Allen

Hamilton

Holding

Corp

246,841‌

329

(a)

BrightView

Holdings,

Inc

2,550‌

834

Brink's

Co

60,582‌

1,981

Broadridge

Financial

Solutions,

Inc

354,698‌

409

(a)

CACI

International,

Inc

(Class

A)

128,397‌

801

(a)

Casella

Waste

Systems,

Inc

(Class

A)

61,116‌

778

(a)

CBIZ,

Inc

40,378‌

375

(a)

CECO

Environmental

Corp

5,989‌

270

(a)

Cimpress

plc

18,903‌

1,417

Cintas

Corp

681,591‌

7,903

(a),(b)

Clarivate

plc

53,029‌

819

(a)

Clean

Harbors,

Inc

137,068‌

177

Compx

International,

Inc

3,290‌

752

Concentrix

Corp

60,243‌

3,045

(a)

Conduent,

Inc

10,597‌

14,046

(a)

Copart,

Inc

605,242‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

40

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

COMMERCIAL

&

PROFESSIONAL

SERVICES—continued

2,056

(a)

CoreCivic,

Inc

$

23,130‌

6,753

(a)

CoStar

Group,

Inc

519,238‌

128

CRA

International,

Inc

12,897‌

520

CSG

Systems

International,

Inc

26,582‌

754

Deluxe

Corp

14,243‌

633

(a)

Driven

Brands

Holdings,

Inc

7,970‌

3,839

Dun

&

Bradstreet

Holdings,

Inc

38,352‌

394

Ennis,

Inc

8,361‌

2,072

Equifax,

Inc

379,549‌

2,555

(a)

ExlService

Holdings,

Inc

71,642‌

944

Exponent,

Inc

80,806‌

598

First

Advantage

Corp

8,246‌

1,154

(a)

FiscalNote

Holdings,

Inc

2,400‌

178

(a)

Forrester

Research,

Inc

5,144‌

148

(a)

Franklin

Covey

Co

6,352‌

524

(a)

FTI

Consulting,

Inc

93,487‌

2,727

Genpact

Ltd

98,717‌

2,553

(a)

GEO

Group,

Inc

20,884‌

1,393

(a)

Harsco

Corp

10,058‌

1,153

Healthcare

Services

Group

12,026‌

286

Heidrick

&

Struggles

International,

Inc

7,156‌

247

(a)

Heritage-Crystal

Clean,

Inc

11,202‌

1,168

Herman

Miller,

Inc

28,558‌

271

(a)

HireRight

Holdings

Corp

2,577‌

757

HNI

Corp

26,215‌

334

(a)

Huron

Consulting

Group,

Inc

34,789‌

282

ICF

International,

Inc

34,068‌

404

(a)

Innodata,

Inc

3,446‌

674

Insperity,

Inc

65,782‌

961

Interface,

Inc

9,427‌

2,022

Jacobs

Solutions,

Inc

276,003‌

2,207

KBR,

Inc

130,081‌

654

Kelly

Services,

Inc

(Class

A)

11,896‌

366

Kforce,

Inc

21,836‌

1,048

Korn/Ferry

International

49,717‌

1,550

(a)

Legalzoom.com,

Inc

16,957‌

2,347

Leidos

Holdings,

Inc

216,300‌

2,072

(a),(b)

Li-Cycle

Holdings

Corp

7,356‌

484

(a)

Liquidity

Services,

Inc

8,528‌

931

Manpower,

Inc

68,261‌

491

Matthews

International

Corp

(Class

A)

19,105‌

1,185

MAXIMUS,

Inc

88,496‌

361

(a)

Montrose

Environmental

Group,

Inc

10,563‌

663

MSA

Safety,

Inc

104,522‌

224

(a)

NV5

Global,

Inc

21,556‌

2,200

(a)

OPENLANE,

Inc

32,824‌

5,251

Paychex,

Inc

605,598‌

1,227

(a)

Performant

Financial

Corp

2,773‌

2,896

Pitney

Bowes,

Inc

8,746‌

2,398

(a),(b)

Planet

Labs

PBC

6,235‌

2,775

RB

Global,

Inc

173,438‌

175

(a)

Red

Violet,

Inc

3,502‌

3,337

Republic

Services,

Inc

475,556‌

514

Resources

Connection,

Inc

7,664‌

1,790

Robert

Half

International,

Inc

131,171‌

4,005

Rollins,

Inc

149,507‌

997

Science

Applications

International

Corp

105,223‌

269

(a)

SP

Plus

Corp

9,711‌

3,873

SS&C

Technologies

Holdings,

Inc

203,487‌

1,776

Steelcase,

Inc

(Class

A)

19,838‌

1,556

(a)

Stericycle,

Inc

69,569‌

321

(a)

Sterling

Check

Corp

4,051‌

940

Tetra

Tech,

Inc

142,908‌

41

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

COMMERCIAL

&

PROFESSIONAL

SERVICES—continued

3,332

TransUnion

$

239,204‌

686

(a)

TriNet

Group,

Inc

79,905‌

645

(a)

TrueBlue,

Inc

9,462‌

369

TTEC

Holdings,

Inc

9,675‌

237

Unifirst

Corp

38,633‌

1,953

(a)

Upwork,

Inc

22,186‌

2,380

Verisk

Analytics,

Inc

562,251‌

2,291

(a)

Verra

Mobility

Corp

42,842‌

440

(a)

Viad

Corp

11,528‌

134

VSE

Corp

6,759‌

6,798

Waste

Management,

Inc

1,036,287‌

116

(a)

Willdan

Group,

Inc

2,370‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

11,284,961‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

5

.1

%

426

(a)

1-800-FLOWERS.COM,

Inc

(Class

A)

2,982‌

667

Aaron's

Co,

Inc

6,984‌

912

(a)

Abercrombie

&

Fitch

Co

(Class

A)

51,409‌

1,229

Academy

Sports

&

Outdoors,

Inc

58,095‌

887

Advance

Auto

Parts,

Inc

49,610‌

149,916

(a)

Amazon.com,

Inc

19,057,322‌

2,547

American

Eagle

Outfitters,

Inc

42,306‌

122

(a)

America's

Car-Mart,

Inc

11,101‌

1,783

Arko

Corp

12,749‌

346

(a)

Asbury

Automotive

Group,

Inc

79,604‌

565

(a)

Autonation,

Inc

85,541‌

304

(a)

Autozone,

Inc

772,157‌

1,577

(a),(b)

BARK,

Inc

1,892‌

3,569

Bath

&

Body

Works,

Inc

120,632‌

3,303

Best

Buy

Co,

Inc

229,459‌

365

Big

5

Sporting

Goods

Corp

2,559‌

455

(a)

Boot

Barn

Holdings,

Inc

36,942‌

526

Buckle,

Inc

17,563‌

200

Build-A-Bear

Workshop,

Inc

5,882‌

1,106

(a)

Burlington

Stores,

Inc

149,642‌

331

Caleres,

Inc

9,520‌

670

(b)

Camping

World

Holdings,

Inc

13,675‌

2,760

(a)

Carmax,

Inc

195,215‌

961

(a)

CarParts.com,

Inc

3,959‌

1,550

(a)

Carvana

Co

65,069‌

368

Cato

Corp

(Class

A)

2,819‌

2,088

(a)

Chico's

FAS,

Inc

15,618‌

479

(a),(b)

ContextLogic,

Inc

2,112‌

18,054

(a)

Coupang,

Inc

306,918‌

892

(b)

Designer

Brands,

Inc

11,293‌

919

(a)

Destination

XL

Group,

Inc

4,117‌

954

Dick's

Sporting

Goods,

Inc

103,585‌

77

(b)

Dillard's,

Inc

(Class

A)

25,472‌

144

(a)

Duluth

Holdings,

Inc

865‌

9,027

eBay,

Inc

398,000‌

2,090

(a)

Etsy,

Inc

134,972‌

1,112

(a),(b)

EVgo,

Inc

3,759‌

948

(a)

Five

Below,

Inc

152,533‌

1,672

(a)

Floor

&

Decor

Holdings,

Inc

151,316‌

1,404

Foot

Locker,

Inc

24,359‌

389

(a),(b)

Funko,

Inc

2,976‌

4,552

(a)

GameStop

Corp

(Class

A)

74,926‌

3,094

Gap,

Inc

32,889‌

127

(a)

Genesco,

Inc

3,914‌

2,363

Genuine

Parts

Co

341,170‌

228

Group

1

Automotive,

Inc

61,266‌

934

(a)

GrowGeneration

Corp

2,727‌

194

Guess?,

Inc

4,198‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

42

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL—continued

286

Haverty

Furniture

Cos,

Inc

$

8,231‌

269

Hibbett

Sports,

Inc

12,780‌

16,800

Home

Depot,

Inc

5,076,288‌

1,622

Kohl's

Corp

33,997‌

221

(a)

Lands'

End,

Inc

1,651‌

2,409

(a)

Leslie's,

Inc

13,635‌

472

Lithia

Motors,

Inc

(Class

A)

139,396‌

3,983

LKQ

Corp

197,198‌

9,839

Lowe's

Cos,

Inc

2,044,938‌

3,646

Macy's,

Inc

42,330‌

389

(a)

MarineMax,

Inc

12,767‌

566

Monro

Muffler,

Inc

15,718‌

343

Murphy

USA,

Inc

117,213‌

1,406

(a)

National

Vision

Holdings,

Inc

22,749‌

1,826

(b)

Nordstrom,

Inc

27,280‌

740

(a)

ODP

Corp

34,151‌

1,041

(a)

Ollie's

Bargain

Outlet

Holdings,

Inc

80,344‌

180

(a)

OneWater

Marine,

Inc

4,612‌

1,016

(a)

O'Reilly

Automotive,

Inc

923,402‌

752

(a)

Overstock.com,

Inc

11,897‌

411

Penske

Auto

Group,

Inc

68,662‌

1,122

(a)

Petco

Health

&

Wellness

Co,

Inc

4,589‌

306

PetMed

Express,

Inc

3,137‌

656

Pool

Corp

233,602‌

941

Rent-A-Center,

Inc

27,712‌

610

(a),(b)

Revolve

Group,

Inc

8,302‌

290

(a)

RH

76,664‌

5,509

Ross

Stores,

Inc

622,242‌

2,062

(a)

Sally

Beauty

Holdings,

Inc

17,280‌

406

Shoe

Carnival,

Inc

9,756‌

819

Signet

Jewelers

Ltd

58,812‌

441

(a)

Sleep

Number

Corp

10,844‌

345

Sonic

Automotive,

Inc

(Class

A)

16,477‌

689

(a),(b)

Sportsman's

Warehouse

Holdings,

Inc

3,094‌

1,508

(a)

Stitch

Fix,

Inc

5,203‌

1,347

(a),(b)

ThredUp,

Inc

5,402‌

297

(a)

Tilly's,

Inc

2,412‌

19,109

TJX

Cos,

Inc

1,698,408‌

1,804

Tractor

Supply

Co

366,302‌

847

(a)

Ulta

Beauty,

Inc

338,334‌

1,237

(a)

Urban

Outfitters,

Inc

40,438‌

1,365

(a)

Victoria's

Secret

&

Co

22,768‌

1,287

(a)

Warby

Parker,

Inc

16,937‌

1,297

(a)

Wayfair,

Inc

78,559‌

203

Weyco

Group,

Inc

5,146‌

1,141

Williams-Sonoma,

Inc

177,311‌

37

Winmark

Corp

13,806‌

314

(a)

Zumiez,

Inc

5,589‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

35,702,038‌

CONSUMER

DURABLES

&

APPAREL

-

1

.1

%

707

Acushnet

Holdings

Corp

37,499‌

1,510

(a)

Allbirds,

Inc

1,676‌

1,083

(a),(b)

AMMO,

Inc

2,188‌

285

(a)

Beazer

Homes

USA,

Inc

7,099‌

1,301

Brunswick

Corp

102,779‌

2,097

(a)

Callaway

Golf

Co

29,022‌

2,137

(a)

Capri

Holdings

Ltd

112,428‌

450

Carter's,

Inc

31,117‌

132

(a)

Cavco

Industries,

Inc

35,067‌

608

Century

Communities,

Inc

40,602‌

307

Clarus

Corp

2,321‌

604

Columbia

Sportswear

Co

44,756‌

43

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

761

(b)

Cricut,

Inc

$

7,070‌

1,046

(a)

Crocs,

Inc

92,289‌

452

(a)

Deckers

Outdoor

Corp

232,369‌

5,387

DR

Horton,

Inc

578,941‌

197

(a),(b)

Dream

Finders

Homes,

Inc

4,379‌

327

Ethan

Allen

Interiors,

Inc

9,777‌

2,447

(a)

Garmin

Ltd

257,424‌

682

(a)

G-III

Apparel

Group

Ltd

16,995‌

1,998

(a)

GoPro,

Inc

6,274‌

578

(a)

Green

Brick

Partners,

Inc

23,993‌

6,162

Hanesbrands,

Inc

24,401‌

2,241

Hasbro,

Inc

148,220‌

444

(a)

Helen

of

Troy

Ltd

51,753‌

81

(a)

Hovnanian

Enterprises,

Inc

8,234‌

379

Installed

Building

Products,

Inc

47,333‌

443

(a)

iRobot

Corp

16,790‌

75

Johnson

Outdoors,

Inc

4,102‌

943

KB

Home

43,642‌

811

Kontoor

Brands,

Inc

35,611‌

706

(a)

Latham

Group,

Inc

1,977‌

696

La-Z-Boy,

Inc

21,492‌

2,404

Leggett

&

Platt,

Inc

61,086‌

4,288

Lennar

Corp

(Class

A)

481,242‌

224

Lennar

Corp

(Class

B)

22,899‌

353

(a)

LGI

Homes,

Inc

35,120‌

223

(a)

Lovesac

Co

4,442‌

1,796

(a)

Lululemon

Athletica,

Inc

692,556‌

301

(a)

M/I

Homes,

Inc

25,296‌

287

(a)

Malibu

Boats,

Inc

14,069‌

156

Marine

Products

Corp

2,217‌

295

(a)

MasterCraft

Boat

Holdings,

Inc

6,555‌

6,094

(a)

Mattel,

Inc

134,251‌

1,086

MDC

Holdings,

Inc

44,776‌

529

Meritage

Homes

Corp

64,744‌

918

(a)

Mohawk

Industries,

Inc

78,774‌

227

Movado

Group,

Inc

6,208‌

6,518

Newell

Rubbermaid,

Inc

58,858‌

19,702

Nike,

Inc

(Class

B)

1,883,905‌

48

(a)

NVR,

Inc

286,238‌

276

Oxford

Industries,

Inc

26,532‌

4,992

(a),(b)

Peloton

Interactive,

Inc

25,210‌

792

Polaris

Industries,

Inc

82,479‌

3,872

Pulte

Homes,

Inc

286,722‌

795

(b)

Purple

Innovation,

Inc

1,359‌

1,126

PVH

Corp

86,150‌

740

Ralph

Lauren

Corp

85,907‌

200

Rocky

Brands,

Inc

2,940‌

2,405

(a)

Skechers

U.S.A.,

Inc

(Class

A)

117,725‌

966

(a)

Skyline

Champion

Corp

61,554‌

840

Smith

&

Wesson

Brands,

Inc

10,844‌

235

(a)

Snap

One

Holdings

Corp

2,171‌

2,102

(a)

Sonos,

Inc

27,137‌

1,383

Steven

Madden

Ltd

43,938‌

272

Sturm

Ruger

&

Co,

Inc

14,177‌

3,931

Tapestry,

Inc

113,016‌

1,558

(a)

Taylor

Morrison

Home

Corp

66,386‌

2,986

Tempur

Sealy

International,

Inc

129,413‌

1,677

Toll

Brothers,

Inc

124,031‌

563

(a)

TopBuild

Corp

141,651‌

194

(a)

Traeger,

Inc

530‌

1,429

(a)

Tri

Pointe

Homes,

Inc

39,083‌

3,425

(a)

Under

Armour,

Inc

(Class

A)

23,461‌

3,626

(a)

Under

Armour,

Inc

(Class

C)

23,134‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

44

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

5,645

VF

Corp

$

99,747‌

1,021

(a)

Vista

Outdoor,

Inc

33,816‌

1,116

(a)

Vizio

Holding

Corp

6,038‌

1,031

(a),(b)

Vuzix

Corp

3,743‌

785

Whirlpool

Corp

104,954‌

1,465

Wolverine

World

Wide,

Inc

11,808‌

1,421

(a)

YETI

Holdings,

Inc

68,521‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

7,847,033‌

CONSUMER

SERVICES

-

2

.4

%

700

(a)

Accel

Entertainment,

Inc

7,665‌

2,833

ADT,

Inc

16,998‌

799

(a)

Adtalem

Global

Education,

Inc

34,237‌

6,641

(a)

Airbnb,

Inc

911,212‌

4,054

Aramark

140,674‌

631

(a)

BALLY'S

CORP

8,272‌

17

(a)

Biglari

Holdings,

Inc

(B

Shares)

2,822‌

356

(a)

BJ's

Restaurants,

Inc

8,352‌

1,539

Bloomin'

Brands,

Inc

37,844‌

275

Bluegreen

Vacations

Holding

Corp

10,087‌

614

(a)

Booking

Holdings,

Inc

1,893,545‌

333

(a),(b)

Bowlero

Corp

3,203‌

1,079

Boyd

Gaming

Corp

65,635‌

1,041

(a)

Bright

Horizons

Family

Solutions,

Inc

84,800‌

763

(a)

Brinker

International,

Inc

24,103‌

3,464

(a)

Caesars

Entertainment,

Inc

160,556‌

16,161

(a)

Carnival

Corp

221,729‌

234

Carriage

Services,

Inc

6,610‌

625

(a)

Carrols

Restaurant

Group,

Inc

4,119‌

520

(a)

Century

Casinos,

Inc

2,668‌

702

Cheesecake

Factory

21,271‌

2,349

(a)

Chegg,

Inc

20,953‌

461

(a)

Chipotle

Mexican

Grill,

Inc

(Class

A)

844,474‌

632

Choice

Hotels

International,

Inc

77,426‌

1,260

Churchill

Downs,

Inc

146,210‌

247

(a)

Chuy's

Holdings,

Inc

8,788‌

1,836

(a)

Coursera,

Inc

34,315‌

463

(b)

Cracker

Barrel

Old

Country

Store,

Inc

31,114‌

2,007

Darden

Restaurants,

Inc

287,442‌

792

(a)

Dave

&

Buster's

Entertainment,

Inc

29,359‌

1,168

(a)

Denny's

Corp

9,893‌

266

Dine

Brands

Global

Inc.

13,154‌

604

Domino's

Pizza,

Inc

228,789‌

4,914

(a)

DoorDash,

Inc

390,516‌

6,847

(a)

DraftKings,

Inc

201,576‌

461

(a)

Duolingo,

Inc

76,466‌

302

El

Pollo

Loco

Holdings,

Inc

2,703‌

281

(a)

European

Wax

Center,

Inc

4,552‌

1,316

(a)

Everi

Holdings,

Inc

17,397‌

2,437

(a)

Expedia

Group,

Inc

251,182‌

1,596

(a)

Frontdoor,

Inc

48,822‌

682

(a)

Full

House

Resorts,

Inc

2,912‌

443

(a)

Global

Business

Travel

Group

I

2,436‌

229

Golden

Entertainment,

Inc

7,827‌

58

Graham

Holdings

Co

33,814‌

572

(a)

Grand

Canyon

Education,

Inc

66,855‌

2,195

H&R

Block,

Inc

94,517‌

1,409

(a)

Hilton

Grand

Vacations,

Inc

57,346‌

4,201

Hilton

Worldwide

Holdings,

Inc

630,906‌

738

Hyatt

Hotels

Corp

78,287‌

357

(a)

Inspired

Entertainment,

Inc

4,270‌

1,684

International

Game

Technology

plc

51,059‌

431

Jack

in

the

Box,

Inc

29,765‌

45

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

SERVICES—continued

1,311

(b)

Krispy

Kreme,

Inc

$

16,348‌

89

(a)

Kura

Sushi

USA,

Inc

5,885‌

5,593

Las

Vegas

Sands

Corp

256,383‌

1,806

Laureate

Education,

Inc

25,465‌

382

(a)

LIBERTY

MEDIA

CORP-LIBERTY-A

12,193‌

619

(a)

Life

Time

Group

Holdings,

Inc

9,415‌

464

(a)

Lindblad

Expeditions

Holdings,

Inc

3,341‌

4,266

Marriott

International,

Inc

(Class

A)

838,525‌

676

Marriott

Vacations

Worldwide

Corp

68,026‌

12,018

McDonald's

Corp

3,166,022‌

5,201

MGM

Resorts

International

191,189‌

844

(a),(b)

Mister

Car

Wash,

Inc

4,650‌

173

Monarch

Casino

&

Resort,

Inc

10,743‌

805

(a),(b)

Mondee

Holdings,

Inc

2,874‌

911

(a)

Nerdy,

Inc

3,371‌

621

(a)

Noodles

&

Co

1,528‌

6,767

(a)

Norwegian

Cruise

Line

Holdings

Ltd

111,520‌

353

(a)

ONE

Group

Hospitality,

Inc

1,941‌

1,026

(a)

OneSpaWorld

Holdings

Ltd

11,512‌

565

Papa

John's

International,

Inc

38,544‌

2,733

(a)

Penn

National

Gaming,

Inc

62,722‌

1,137

Perdoceo

Education

Corp

19,443‌

1,475

(a)

Planet

Fitness,

Inc

72,540‌

525

(a)

Portillo's,

Inc

8,080‌

592

(a)

Potbelly

Corp

4,618‌

142

RCI

Hospitality

Holdings,

Inc

8,614‌

297

(a),(b)

Red

Robin

Gourmet

Burgers,

Inc

2,388‌

924

Red

Rock

Resorts,

Inc

37,884‌

1,530

(a)

Rover

Group,

Inc

9,578‌

3,783

(a)

Royal

Caribbean

Cruises

Ltd

348,566‌

822

(a)

Rush

Street

Interactive,

Inc

3,798‌

5,391

(a)

Sabre

Corp

24,206‌

1,620

(a)

Scientific

Games

Corp

(Class

A)

115,555‌

764

(a)

SeaWorld

Entertainment,

Inc

35,335‌

2,355

Service

Corp

International

134,565‌

596

(a)

Shake

Shack,

Inc

34,610‌

1,370

(a)

Six

Flags

Entertainment

Corp

32,209‌

18,896

Starbucks

Corp

1,724,638‌

403

Strategic

Education,

Inc

30,326‌

644

(a)

Stride,

Inc

28,999‌

1,928

(a)

Super

Group

SGHC

Ltd

7,114‌

1,443

(a)

Sweetgreen,

Inc

16,955‌

877

(a),(b)

Target

Hospitality

Corp

13,927‌

1,209

Texas

Roadhouse,

Inc

(Class

A)

116,185‌

1,336

Travel

&

Leisure

Co

49,071‌

1,149

(a)

Udemy,

Inc

10,915‌

434

(a)

Universal

Technical

Institute,

Inc

3,637‌

707

Vail

Resorts,

Inc

156,876‌

2,954

Wendy's

Co

60,291‌

513

Wingstop,

Inc

92,258‌

881

(a)

WW

International,

Inc

9,753‌

1,610

Wyndham

Hotels

&

Resorts,

Inc

111,959‌

1,791

Wynn

Resorts

Ltd

165,506‌

268

(a)

Xponential

Fitness,

Inc

4,154‌

4,554

Yum!

Brands,

Inc

568,977‌

TOTAL

CONSUMER

SERVICES

16,357,254‌

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

1

.7

%

6,241

Albertsons

Cos,

Inc

141,983‌

418

Andersons,

Inc

21,531‌

2,336

(a)

BJ's

Wholesale

Club

Holdings,

Inc

166,720‌

618

Casey's

General

Stores,

Inc

167,799‌

515

(a)

Chefs'

Warehouse,

Inc

10,908‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

46

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL—continued

7,342

Costco

Wholesale

Corp

$

4,147,936‌

3,715

Dollar

General

Corp

393,047‌

3,489

(a)

Dollar

Tree,

Inc

371,404‌

1,460

(a)

Grocery

Outlet

Holding

Corp

42,121‌

626

(a)

HF

Foods

Group,

Inc

2,485‌

213

Ingles

Markets,

Inc

(Class

A)

16,045‌

10,796

Kroger

Co

483,121‌

286

Natural

Grocers

by

Vitamin

Cottage,

Inc

3,692‌

2,651

(a)

Performance

Food

Group

Co

156,038‌

385

Pricesmart,

Inc

28,656‌

584

SpartanNash

Co

12,848‌

2,100

(a)

Sprouts

Farmers

Market,

Inc

89,880‌

8,505

Sysco

Corp

561,755‌

7,729

Target

Corp

854,596‌

943

(a)

United

Natural

Foods,

Inc

13,334‌

3,868

(a)

US

Foods

Holding

Corp

153,560‌

127

Village

Super

Market

(Class

A)

2,875‌

12,281

Walgreens

Boots

Alliance,

Inc

273,130‌

23,625

Walmart,

Inc

3,778,346‌

218

Weis

Markets,

Inc

13,734‌

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

11,907,544‌

ENERGY

-

4

.8

%

704

(a)

Amplify

Energy

Corp

5,174‌

5,480

Antero

Midstream

Corp

65,650‌

4,860

(a)

Antero

Resources

Corp

123,347‌

5,407

APA

Corp

222,228‌

243

Arch

Resources,

Inc

41,470‌

2,039

Archrock,

Inc

25,691‌

667

Ardmore

Shipping

Corp

8,678‌

16,148

Baker

Hughes

Co

570,347‌

1,892

Berry

Corp

15,514‌

3,755

(a)

Borr

Drilling

Ltd

26,661‌

351

(a)

Bristow

Group,

Inc

9,888‌

12,978

Cabot

Oil

&

Gas

Corp

351,055‌

845

Cactus,

Inc

42,427‌

912

California

Resources

Corp

51,081‌

691

(a)

Callon

Petroleum

Co

27,032‌

243

(a)

Centrus

Energy

Corp

13,793‌

3,416

ChampionX

Corp

121,678‌

3,990

Cheniere

Energy,

Inc

662,180‌

1,919

Chesapeake

Energy

Corp

165,475‌

29,429

Chevron

Corp

4,962,318‌

666

Chord

Energy

Corp

107,939‌

1,179

Civitas

Resources,

Inc

95,346‌

2,877

(a)

Clean

Energy

Fuels

Corp

11,019‌

2,191

(a)

CNX

Resources

Corp

49,473‌

1,500

Comstock

Resources,

Inc

16,545‌

20,416

ConocoPhillips

2,445,837‌

621

CONSOL

Energy,

Inc

65,149‌

809

Core

Laboratories,

Inc

19,424‌

500

Crescent

Energy

Co

6,320‌

583

CVR

Energy,

Inc

19,839‌

1,373

Delek

US

Holdings,

Inc

39,007‌

850

(a)

Denbury,

Inc

83,309‌

10,744

Devon

Energy

Corp

512,489‌

2,136

DHT

Holdings,

Inc

22,001‌

1,800

(a)

Diamond

Offshore

Drilling,

Inc

26,424‌

2,893

Diamondback

Energy,

Inc

448,068‌

333

(a)

DMC

Global,

Inc

8,149‌

395

Dorian

LPG

Ltd

11,348‌

582

(a)

Dril-Quip,

Inc

16,395‌

1,673

DT

Midstream,

Inc

88,535‌

47

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

625

(a)

Earthstone

Energy,

Inc

$

12,650‌

156

(a),(b)

Empire

Petroleum

Corp

1,502‌

2,241

(a)

Encore

Energy

Corp

7,306‌

2,496

(a),(b)

Energy

Fuels,

Inc

20,517‌

279

(b)

Enviva,

Inc

2,084‌

9,773

EOG

Resources,

Inc

1,238,825‌

6,200

EQT

Corp

251,596‌

7,406

Equitrans

Midstream

Corp

69,394‌

275

Excelerate

Energy,

Inc

4,686‌

1,226

(a)

Expro

Group

Holdings

NV

28,480‌

66,866

Exxon

Mobil

Corp

7,862,104‌

408

FLEX

LNG

Ltd

12,305‌

226

(a)

Forum

Energy

Technologies,

Inc

5,429‌

3,883

(a),(b)

Gevo,

Inc

4,621‌

1,788

Golar

LNG

Ltd

43,377‌

842

(a)

Green

Plains,

Inc

25,344‌

179

(a)

Gulfport

Energy

Operating

Corp

21,240‌

345

(a)

Hallador

Energy

Co

4,975‌

15,566

Halliburton

Co

630,423‌

2,743

(a)

Helix

Energy

Solutions

Group,

Inc

30,639‌

1,863

Helmerich

&

Payne,

Inc

78,544‌

4,747

Hess

Corp

726,291‌

2,191

HF

Sinclair

Corp

124,734‌

110

(b)

HighPeak

Energy,

Inc

1,857‌

685

International

Seaways,

Inc

30,825‌

32,385

Kinder

Morgan,

Inc

536,943‌

256

Kinetik

Holdings,

Inc

8,640‌

7,467

(a)

Kosmos

Energy

Ltd

61,080‌

2,207

Liberty

Energy,

Inc

40,874‌

2,448

Magnolia

Oil

&

Gas

Corp

56,084‌

767

(a)

Mammoth

Energy

Services,

Inc

3,559‌

11,233

Marathon

Oil

Corp

300,483‌

7,137

Marathon

Petroleum

Corp

1,080,114‌

1,952

Matador

Resources

Co

116,105‌

2,520

Murphy

Oil

Corp

114,282‌

146

(a)

Nabors

Industries

Ltd

17,978‌

75

Nacco

Industries,

Inc

(Class

A)

2,630‌

790

(b)

New

Fortress

Energy,

Inc

25,896‌

2,497

(a)

Newpark

Resources,

Inc

17,254‌

555

(a)

NextDecade

Corp

2,842‌

1,670

Noble

Corp

plc

84,586‌

3,490

Nordic

American

Tankers

Ltd

14,379‌

757

Northern

Oil

and

Gas,

Inc

30,454‌

6,945

NOV,

Inc

145,151‌

11,375

Occidental

Petroleum

Corp

738,010‌

1,532

(a)

Oceaneering

International,

Inc

39,403‌

1,209

(a)

Oil

States

International,

Inc

10,119‌

7,381

ONEOK,

Inc

468,177‌

854

(a)

Overseas

Shipholding

Group,

Inc

3,749‌

4,162

Ovintiv,

Inc

197,986‌

677

(a)

Par

Pacific

Holdings,

Inc

24,331‌

5,496

Patterson-UTI

Energy,

Inc

76,065‌

1,808

PBF

Energy,

Inc

96,782‌

1,975

Peabody

Energy

Corp

51,330‌

3,118

Permian

Resources

Corp

43,527‌

7,816

Phillips

66

939,092‌

3,939

Pioneer

Natural

Resources

Co

904,197‌

1,367

(a)

ProPetro

Holding

Corp

14,531‌

4,095

Range

Resources

Corp

132,719‌

475

Ranger

Energy

Services,

Inc

6,736‌

276

(a)

Rex

American

Resources

Corp

11,239‌

151

Riley

Exploration

Permian,

Inc

4,800‌

1,348

(a)

Ring

Energy,

Inc

2,629‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

48

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

1,202

RPC,

Inc

$

10,746‌

532

SandRidge

Energy,

Inc

8,331‌

24,044

Schlumberger

Ltd

1,401,765‌

828

Scorpio

Tankers,

Inc

44,811‌

649

(a)

SEACOR

Marine

Holdings,

Inc

9,008‌

739

(a)

Seadrill

Ltd

33,100‌

988

Select

Water

Solutions,

Inc

7,855‌

1,567

SFL

Corp

Ltd

17,472‌

185

(a),(b)

SilverBow

Resources,

Inc

6,617‌

1,209

Sitio

Royalties

Corp

29,270‌

1,884

SM

Energy

Co

74,701‌

678

Solaris

Oilfield

Infrastructure,

Inc

7,227‌

18,509

(a)

Southwestern

Energy

Co

119,383‌

1,711

(a)

Talos

Energy,

Inc

28,129‌

3,944

Targa

Resources

Corp

338,080‌

6,806

TechnipFMC

plc

138,434‌

1,069

(a)

Teekay

Corp

6,596‌

376

Teekay

Tankers

Ltd

15,653‌

8,487

(a),(b)

Tellurian,

Inc

9,845‌

2,062

(a)

Tetra

Technologies,

Inc

13,156‌

101

Texas

Pacific

Land

Corp

184,180‌

854

(a)

Tidewater,

Inc

60,694‌

4,698

(a),(b)

Uranium

Energy

Corp

24,195‌

1,387

(a)

US

Silica

Holdings,

Inc

19,473‌

1,000

Vaalco

Energy,

Inc

4,390‌

993

(a)

Valaris

Ltd

74,455‌

5,904

Valero

Energy

Corp

836,656‌

916

(a),(b)

Vertex

Energy,

Inc

4,076‌

279

(a)

Vital

Energy,

Inc

15,462‌

433

Vitesse

Energy,

Inc

9,911‌

2,083

(a)

W&T

Offshore,

Inc

9,124‌

1,187

(a)

Weatherford

International

plc

107,222‌

20,367

Williams

Cos,

Inc

686,164‌

1,068

World

Fuel

Services

Corp

23,955‌

TOTAL

ENERGY

33,648,943‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

0

.2

%

57

Alexander's,

Inc

10,387‌

357

Alpine

Income

Property

Trust,

Inc

5,841‌

1,848

(a)

Apartment

Investment

and

Management

Co

12,566‌

2,649

Brandywine

Realty

Trust

12,026‌

572

BRT

Apartments

Corp

9,878‌

275

Centerspace

16,571‌

707

City

Office

REIT,

Inc

3,005‌

588

Clipper

Realty,

Inc

3,046‌

2,132

Corporate

Office

Properties

Trust

50,806‌

273

CTO

Realty

Growth,

Inc

4,425‌

5,068

Diversified

Healthcare

Trust

9,832‌

1,427

Easterly

Government

Properties,

Inc

16,311‌

3,012

Empire

State

Realty

Trust,

Inc

24,216‌

1,868

Equity

Commonwealth

34,315‌

729

Farmland

Partners,

Inc

7,480‌

763

Getty

Realty

Corp

21,158‌

687

Gladstone

Land

Corp

9,776‌

1,151

Global

Medical

REIT,

Inc

10,324‌

3,106

Global

Net

Lease,

Inc

29,849‌

1,796

Highwoods

Properties,

Inc

37,016‌

1,140

InvenTrust

Properties

Corp

27,143‌

2,053

JBG

SMITH

Properties

29,686‌

917

LTC

Properties,

Inc

29,463‌

885

National

Health

Investors,

Inc

45,454‌

978

NexPoint

Diversified

Real

Estate

Trust

8,518‌

478

NexPoint

Residential

Trust,

Inc

15,382‌

49

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)—continued

965

Office

Properties

Income

Trust

$

3,956‌

254

One

Liberty

Properties,

Inc

4,793‌

1,512

Orion

Office

REIT,

Inc

7,878‌

2,712

Outfront

Media,

Inc

27,391‌

3,099

Paramount

Group,

Inc

14,317‌

554

Peakstone

Realty

Trust

9,219‌

2,135

Pebblebrook

Hotel

Trust

29,015‌

1,776

Phillips

Edison

&

Co,

Inc

59,567‌

3,336

Physicians

Realty

Trust

40,666‌

255

Postal

Realty

Trust,

Inc

3,442‌

2,533

Retail

Opportunity

Investments

Corp

31,359‌

370

Saul

Centers,

Inc

13,050‌

5,209

UDR,

Inc

185,805‌

3,661

Uniti

Group,

Inc

17,280‌

198

Universal

Health

Realty

Income

Trust

8,005‌

2,537

Urban

Edge

Properties

38,715‌

550

Whitestone

REIT

5,297‌

3,203

WP

Carey,

Inc

173,218‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

1,157,447‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

2

.5

%

1,492

Acadia

Realty

Trust

21,410‌

1,175

Agree

Realty

Corp

64,907‌

1,192

Alexander

&

Baldwin,

Inc

19,942‌

2,778

Alexandria

Real

Estate

Equities,

Inc

278,078‌

714

American

Assets

Trust,

Inc

13,887‌

4,773

American

Homes

4

Rent

160,802‌

7,738

American

Tower

Corp

1,272,514‌

4,437

Americold

Realty

Trust,

Inc

134,929‌

2,744

Apartment

Income

REIT

Corp

84,241‌

4,063

Apple

Hospitality

REIT,

Inc

62,326‌

1,769

Armada

Hoffler

Properties,

Inc

18,115‌

2,397

AvalonBay

Communities,

Inc

411,661‌

2,732

Boston

Properties,

Inc

162,499‌

1,429

Braemar

Hotels

&

Resorts,

Inc

3,958‌

5,352

Brixmor

Property

Group,

Inc

111,215‌

2,559

Broadstone

Net

Lease,

Inc

36,594‌

1,599

Camden

Property

Trust

151,233‌

1,679

CareTrust

REIT,

Inc

34,419‌

493

CBL

&

Associates

Properties,

Inc

10,343‌

919

Chatham

Lodging

Trust

8,795‌

544

Community

Healthcare

Trust,

Inc

16,157‌

2,578

Cousins

Properties,

Inc

52,514‌

7,361

Crown

Castle,

Inc

677,433‌

3,658

CubeSmart

139,479‌

3,453

DiamondRock

Hospitality

Co

27,728‌

4,847

Digital

Realty

Trust,

Inc

586,584‌

2,632

Douglas

Emmett,

Inc

33,584‌

673

EastGroup

Properties,

Inc

112,075‌

1,375

EPR

Properties

57,117‌

1,553

Equinix,

Inc

1,127,882‌

3,060

Equity

Lifestyle

Properties,

Inc

194,953‌

6,436

Equity

Residential

377,858‌

1,947

Essential

Properties

Realty

Trust,

Inc

42,114‌

1,143

Essex

Property

Trust,

Inc

242,419‌

3,444

Extra

Space

Storage,

Inc

418,721‌

1,347

Federal

Realty

Investment

Trust

122,079‌

1,998

First

Industrial

Realty

Trust,

Inc

95,085‌

1,235

Four

Corners

Property

Trust,

Inc

27,405‌

3,874

Gaming

and

Leisure

Properties,

Inc

176,461‌

475

Gladstone

Commercial

Corp

5,776‌

6,024

Healthcare

Realty

Trust,

Inc

91,986‌

9,296

Healthpeak

Properties,

Inc

170,675‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

50

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)—continued

697

Hersha

Hospitality

Trust

$

6,872‌

12,302

Host

Marriott

Corp

197,693‌

692

(a)

Howard

Hughes

Holdings,

Inc

51,298‌

2,438

Hudson

Pacific

Properties,

Inc

16,213‌

3,525

Independence

Realty

Trust,

Inc

49,597‌

439

Innovative

Industrial

Properties,

Inc

33,215‌

10,054

Invitation

Homes,

Inc

318,611‌

4,939

Iron

Mountain,

Inc

293,624‌

1,970

Kilroy

Realty

Corp

62,272‌

10,503

Kimco

Realty

Corp

184,748‌

3,663

Kite

Realty

Group

Trust

78,461‌

1,519

Lamar

Advertising

Co

126,791‌

5,428

Lexington

Realty

Trust

48,309‌

3,615

Macerich

Co

39,440‌

1,437

Mack-Cali

Realty

Corp

23,710‌

9,560

Medical

Properties

Trust,

Inc

52,102‌

1,928

Mid-America

Apartment

Communities,

Inc

248,037‌

2,497

National

Retail

Properties,

Inc

88,244‌

1,216

National

Storage

Affiliates

Trust

38,596‌

1,149

NETSTREIT

Corp

17,901‌

3,987

Omega

Healthcare

Investors,

Inc

132,209‌

4,260

Park

Hotels

&

Resorts,

Inc

52,483‌

2,219

Piedmont

Office

Realty

Trust,

Inc

12,471‌

445

Plymouth

Industrial

REIT,

Inc

9,323‌

1,459

PotlatchDeltic

Corp

66,224‌

15,363

Prologis,

Inc

1,723,882‌

2,624

Public

Storage,

Inc

691,476‌

2,525

Rayonier,

Inc

71,861‌

10,335

Realty

Income

Corp

516,130‌

3,005

Regency

Centers

Corp

178,617‌

2,780

Rexford

Industrial

Realty,

Inc

137,193‌

3,244

RLJ

Lodging

Trust

31,759‌

1,201

RPT

Realty

12,683‌

875

Ryman

Hospitality

Properties,

Inc

72,870‌

3,697

Sabra

Health

Care

REIT,

Inc

51,536‌

571

Safehold,

Inc

10,164‌

1,869

SBA

Communications

Corp

374,118‌

2,237

Service

Properties

Trust

17,202‌

5,468

Simon

Property

Group,

Inc

590,708‌

2,580

SITE

Centers

Corp

31,811‌

1,292

SL

Green

Realty

Corp

48,192‌

2,053

Spirit

Realty

Capital,

Inc

68,837‌

2,713

STAG

Industrial,

Inc

93,626‌

2,137

Summit

Hotel

Properties,

Inc

12,395‌

1,974

Sun

Communities,

Inc

233,603‌

4,344

Sunstone

Hotel

Investors,

Inc

40,616‌

1,735

Tanger

Factory

Outlet

Centers,

Inc

39,211‌

1,413

Terreno

Realty

Corp

80,258‌

567

UMH

Properties,

Inc

7,949‌

6,969

Ventas,

Inc

293,604‌

16,059

VICI

Properties,

Inc

467,317‌

3,062

Vornado

Realty

Trust

69,446‌

1,848

Washington

REIT

25,207‌

8,069

(c)

Welltower,

Inc

661,012‌

12,145

Weyerhaeuser

Co

372,366‌

2,302

Xenia

Hotels

&

Resorts,

Inc

27,118‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

17,159,164‌

FINANCIAL

SERVICES

-

7

.7

%

906

(a)

Acacia

Research

(Acacia

Technologies)

3,307‌

125

AFC

Gamma,

Inc

1,467‌

595

Affiliated

Managers

Group,

Inc

77,552‌

3,788

(a),(b)

Affirm

Holdings,

Inc

80,571‌

51

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FINANCIAL

SERVICES—continued

8,788

AGNC

Investment

Corp

$

82,959‌

243

Alerus

Financial

Corp

4,418‌

4,886

Ally

Financial,

Inc

130,358‌

288

A-Mark

Precious

Metals,

Inc

8,447‌

9,778

American

Express

Co

1,458,780‌

1,702

Ameriprise

Financial,

Inc

561,115‌

253

Angel

Oak

Mortgage

REIT,

Inc

2,158‌

7,406

Annaly

Capital

Management,

Inc

139,307‌

2,943

Apollo

Commercial

Real

Estate

Finance,

Inc

29,813‌

8,457

Apollo

Global

Management,

Inc

759,100‌

2,387

Arbor

Realty

Trust,

Inc

36,235‌

645

Ares

Commercial

Real

Estate

Corp

6,140‌

2,484

Ares

Management

Corp

255,529‌

1,405

ARMOUR

Residential

REIT,

Inc

5,971‌

870

Artisan

Partners

Asset

Management,

Inc

32,555‌

253

(a)

AssetMark

Financial

Holdings,

Inc

6,345‌

123

(a)

Atlanticus

Holdings

Corp

3,728‌

637

(a)

Avantax,

Inc

16,294‌

2,445

(a)

AvidXchange

Holdings,

Inc

23,179‌

274

(b)

B

Riley

Financial,

Inc

11,231‌

1,049

(a),(b)

Bakkt

Holdings,

Inc

1,227‌

461

Banco

Latinoamericano

de

Exportaciones

S.A.

(Class

E)

9,773‌

12,740

Bank

of

New

York

Mellon

Corp

543,361‌

30,436

(a)

Berkshire

Hathaway,

Inc

10,661,731‌

5,076

BGC

Group,

Inc

26,801‌

2,485

BlackRock,

Inc

1,606,528‌

2,460

Blackstone

Mortgage

Trust,

Inc

53,505‌

11,884

Blackstone,

Inc

1,273,252‌

8,961

(a)

Block,

Inc

396,614‌

7,061

Blue

Owl

Capital,

Inc

91,511‌

829

Bread

Financial

Holdings,

Inc

28,352‌

642

Brightsphere

Investment

Group,

Inc

12,448‌

1,289

BrightSpire

Capital,

Inc

8,069‌

1,450

(a)

Cannae

Holdings,

Inc

27,028‌

923

(a)

Cantaloupe,

Inc

5,769‌

6,220

Capital

One

Financial

Corp

603,651‌

3,299

Carlyle

Group,

Inc

99,498‌

222

Cass

Information

Systems,

Inc

8,269‌

1,760

Cboe

Global

Markets,

Inc

274,930‌

24,896

Charles

Schwab

Corp

1,366,790‌

152

Chicago

Atlantic

Real

Estate

Finance,

Inc

2,237‌

3,066

Chimera

Investment

Corp

16,740‌

1,435

Claros

Mortgage

Trust,

Inc

15,900‌

6,023

CME

Group,

Inc

1,205,925‌

461

Cohen

&

Steers,

Inc

28,900‌

2,786

(a)

Coinbase

Global,

Inc

209,173‌

797

Compass

Diversified

Trust

14,960‌

326

(a)

Consumer

Portfolio

Services,

Inc

2,957‌

1,857

Corebridge

Financial,

Inc

36,676‌

125

(a)

Credit

Acceptance

Corp

57,515‌

49

Diamond

Hill

Investment

Group,

Inc

8,260‌

4,322

Discover

Financial

Services

374,415‌

461

(a)

Donnelley

Financial

Solutions,

Inc

25,945‌

258

Dynex

Capital,

Inc

3,081‌

718

Ellington

Financial,

Inc

8,953‌

375

Enact

Holdings,

Inc

10,211‌

502

(a)

Encore

Capital

Group,

Inc

23,976‌

629

(a)

Enova

International,

Inc

31,997‌

6,316

Equitable

Holdings,

Inc

179,311‌

1,785

Essent

Group

Ltd

84,413‌

849

(a)

Euronet

Worldwide,

Inc

67,394‌

638

Evercore

Partners,

Inc

(Class

A)

87,967‌

941

EVERTEC,

Inc

34,986‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

52

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FINANCIAL

SERVICES—continued

649

Factset

Research

Systems,

Inc

$

283,782‌

139

Federal

Agricultural

Mortgage

Corp

(FAMC)

21,448‌

10,055

Fidelity

National

Information

Services,

Inc

555,740‌

335

(a)

Finance

Of

America

Cos,

Inc

429‌

737

FirstCash

Holdings,

Inc

73,980‌

9,965

(a)

Fiserv,

Inc

1,125,646‌

1,210

(a)

FleetCor

Technologies,

Inc

308,961‌

1,440

(a)

Flywire

Corp

45,922‌

2,063

(a)

Forge

Global

Holdings,

Inc

4,188‌

1,010

Franklin

BSP

Realty

Trust,

Inc

13,372‌

4,751

Franklin

Resources,

Inc

116,780‌

257

GCM

Grosvenor,

Inc

1,994‌

4,363

Global

Payments,

Inc

503,447‌

5,372

Goldman

Sachs

Group,

Inc

1,738,218‌

938

Granite

Point

Mortgage

Trust,

Inc

4,577‌

905

(a)

Green

Dot

Corp

12,607‌

562

Hamilton

Lane,

Inc

50,827‌

1,655

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc

35,086‌

796

Houlihan

Lokey,

Inc

85,268‌

280

(a)

I3

Verticals,

Inc

5,919‌

1,485

Interactive

Brokers

Group,

Inc

(Class

A)

128,542‌

9,633

Intercontinental

Exchange,

Inc

1,059,823‌

339

(a)

International

Money

Express,

Inc

5,739‌

6,004

Invesco

Ltd

87,178‌

366

Invesco

Mortgage

Capital,

Inc

3,664‌

1,263

Jack

Henry

&

Associates,

Inc

190,890‌

1,210

Jackson

Financial,

Inc

46,246‌

2,653

Janus

Henderson

Group

plc

68,500‌

3,680

Jefferies

Financial

Group,

Inc

134,798‌

10,588

KKR

&

Co,

Inc

652,221‌

648

KKR

Real

Estate

Finance

Trust,

Inc

7,692‌

1,766

Ladder

Capital

Corp

18,119‌

1,898

Lazard

Ltd

(Class

A)

58,857‌

1,618

(a)

LendingClub

Corp

9,870‌

196

(a)

LendingTree,

Inc

3,038‌

1,343

LPL

Financial

Holdings,

Inc

319,164‌

644

MarketAxess

Holdings,

Inc

137,584‌

7,301

(a)

Marqeta,

Inc

43,660‌

13,931

Mastercard,

Inc

(Class

A)

5,515,422‌

232

Merchants

Bancorp

6,431‌

2,131

MFA

Financial,

Inc

20,479‌

5,143

MGIC

Investment

Corp

85,837‌

877

Moelis

&

Co

39,579‌

2,637

Moody's

Corp

833,740‌

20,030

Morgan

Stanley

1,635,850‌

392

Morningstar,

Inc

91,822‌

1,135

(a)

Mr

Cooper

Group,

Inc

60,791‌

1,280

MSCI,

Inc

(Class

A)

656,742‌

6,030

Nasdaq

Stock

Market,

Inc

292,998‌

1,245

Navient

Corp

21,439‌

212

Nelnet,

Inc

(Class

A)

18,936‌

410

(a)

NerdWallet,

Inc

3,645‌

1,613

New

York

Mortgage

Trust,

Inc

13,694‌

298

(b)

NewtekOne,

Inc

4,395‌

131

Nexpoint

Real

Estate

Finance,

Inc

2,143‌

1,272

(a)

NMI

Holdings,

Inc

34,458‌

3,378

Northern

Trust

Corp

234,703‌

148

(a)

Ocwen

Financial

Corp

3,830‌

1,689

OneMain

Holdings,

Inc

67,712‌

1,687

(a)

Open

Lending

Corp

12,349‌

402

Orchid

Island

Capital,

Inc

3,421‌

600

P10,

Inc

6,990‌

3,227

(a)

Pagseguro

Digital

Ltd

27,784‌

53

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FINANCIAL

SERVICES—continued

245

Patria

Investments

Ltd

$

3,572‌

3,424

(a)

Payoneer

Global,

Inc

20,955‌

18,860

(a)

PayPal

Holdings,

Inc

1,102,556‌

652

(a)

Paysafe

Ltd

7,817‌

1,316

(a)

Paysign

Inc

2,566‌

399

PennyMac

Financial

Services,

Inc

26,573‌

1,723

PennyMac

Mortgage

Investment

Trust

21,365‌

904

Perella

Weinberg

Partners

9,203‌

273

Piper

Jaffray

Cos

39,670‌

397

PJT

Partners,

Inc

31,538‌

719

(a)

PRA

Group,

Inc

13,812‌

675

(a)

PROG

Holdings,

Inc

22,417‌

2,506

Radian

Group,

Inc

62,926‌

3,182

Raymond

James

Financial,

Inc

319,568‌

1,941

Ready

Capital

Corp

19,624‌

1,612

Redwood

Trust,

Inc

11,494‌

143

Regional

Management

Corp

3,958‌

1,393

(a)

Remitly

Global,

Inc

35,131‌

1,337

(a)

Repay

Holdings

Corp

10,148‌

6,918

Rithm

Capital

Corp

64,268‌

10,926

(a)

Robinhood

Markets,

Inc

107,184‌

2,233

(a),(b)

Rocket

Cos,

Inc

18,266‌

5,347

S&P

Global,

Inc

1,953,847‌

375

Sculptor

Capital

Management,

Inc

4,350‌

1,617

SEI

Investments

Co

97,392‌

854

(a)

Shift4

Payments,

Inc

47,286‌

184

Silvercrest

Asset

Management

Group,

Inc

2,920‌

4,701

SLM

Corp

64,028‌

15,128

(a),(b)

SoFi

Technologies,

Inc

120,873‌

427

(a)

Star

Holdings

5,346‌

5,018

Starwood

Property

Trust,

Inc

97,098‌

5,392

State

Street

Corp

361,048‌

809

StepStone

Group,

Inc

25,548‌

1,929

Stifel

Financial

Corp

118,518‌

4,668

(a)

StoneCo

Ltd

49,808‌

241

(a)

StoneX

Group,

Inc

23,358‌

474

(a)

SWK

Holdings

Corp

7,466‌

7,436

Synchrony

Financial

227,319‌

3,710

T

Rowe

Price

Group,

Inc

389,068‌

143

TFS

Financial

Corp

1,690‌

5,745

(a)

Toast,

Inc

107,604‌

867

TPG

RE

Finance

Trust,

Inc

5,835‌

830

TPG,

Inc

25,000‌

1,734

Tradeweb

Markets,

Inc

139,067‌

1,156

Two

Harbors

Investment

Corp

15,305‌

1,255

(a),(b)

Upstart

Holdings,

Inc

35,818‌

1,161

(b)

UWM

Holdings

Corp

5,631‌

208

(a)

Velocity

Financial,

Inc

2,350‌

84

Victory

Capital

Holdings,

Inc

2,801‌

1,409

Virtu

Financial,

Inc

24,333‌

115

Virtus

Investment

Partners,

Inc

23,229‌

26,883

Visa,

Inc

(Class

A)

6,183,359‌

1,567

Voya

Financial,

Inc

104,127‌

543

Walker

&

Dunlop,

Inc

40,312‌

384

Waterstone

Financial,

Inc

4,205‌

6,792

Western

Union

Co

89,519‌

739

(a)

WEX,

Inc

138,999‌

1,867

WisdomTree,

Inc

13,069‌

90

(a)

World

Acceptance

Corp

11,435‌

5,393

XP,

Inc

124,309‌

TOTAL

FINANCIAL

SERVICES

53,674,405‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

54

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO

-

2

.9

%

176

Alico,

Inc

$

4,393‌

29,719

Altria

Group,

Inc

1,249,684‌

9,223

Archer-Daniels-Midland

Co

695,599‌

1,190

B&G

Foods,

Inc

(Class

A)

11,769‌

2,859

(a),(b)

Benson

Hill,

Inc

948‌

980

(a),(b)

Beyond

Meat,

Inc

9,428‌

157

(a)

Boston

Beer

Co,

Inc

(Class

A)

61,156‌

349

(a),(b)

BRC,

Inc

1,253‌

711

Brown-Forman

Corp

(Class

A)

41,309‌

3,077

Brown-Forman

Corp

(Class

B)

177,512‌

2,310

Bunge

Ltd

250,058‌

345

Calavo

Growers,

Inc

8,704‌

486

Cal-Maine

Foods,

Inc

23,532‌

3,182

Campbell

Soup

Co

130,717‌

812

(a)

Celsius

Holdings,

Inc

139,339‌

64,512

Coca-Cola

Co

3,611,382‌

72

Coca-Cola

Consolidated

Inc

45,815‌

7,729

ConAgra

Brands,

Inc

211,929‌

2,639

Constellation

Brands,

Inc

(Class

A)

663,260‌

2,764

(a)

Darling

International,

Inc

144,281‌

751

Dole

plc

8,697‌

454

(a)

Duckhorn

Portfolio,

Inc

4,658‌

2,984

Flowers

Foods,

Inc

66,185‌

499

Fresh

Del

Monte

Produce,

Inc

12,894‌

752

(a)

Freshpet,

Inc

49,542‌

9,672

General

Mills,

Inc

618,911‌

1,593

(a)

Hain

Celestial

Group,

Inc

16,519‌

2,439

Hershey

Co

487,995‌

4,724

Hormel

Foods

Corp

179,654‌

2,702

(a)

Hostess

Brands,

Inc

90,004‌

1,093

Ingredion,

Inc

107,551‌

277

J&J

Snack

Foods

Corp

45,331‌

1,711

J.M.

Smucker

Co

210,299‌

199

John

B

Sanfilippo

&

Son,

Inc

19,661‌

4,228

Kellogg

Co

251,608‌

15,409

Keurig

Dr

Pepper,

Inc

486,462‌

12,525

Kraft

Heinz

Co

421,341‌

2,489

Lamb

Weston

Holdings,

Inc

230,133‌

364

Lancaster

Colony

Corp

60,071‌

302

Limoneira

Co

4,627‌

4,238

McCormick

&

Co,

Inc

320,562‌

203

MGP

Ingredients,

Inc

21,412‌

926

(a)

Mission

Produce,

Inc

8,964‌

3,002

Molson

Coors

Brewing

Co

(Class

B)

190,897‌

22,993

Mondelez

International,

Inc

1,595,714‌

12,214

(a)

Monster

Beverage

Corp

646,731‌

366

(a)

National

Beverage

Corp

17,209‌

22,888

PepsiCo,

Inc

3,878,143‌

25,905

Philip

Morris

International,

Inc

2,398,285‌

908

(a)

Pilgrim's

Pride

Corp

20,730‌

1,006

(a)

Post

Holdings,

Inc

86,254‌

2,638

Primo

Water

Corp

36,404‌

4

Seaboard

Corp

15,012‌

134

(a)

Seneca

Foods

Corp

7,213‌

1,484

(a)

Simply

Good

Foods

Co

51,228‌

626

(a)

Sovos

Brands,

Inc

14,116‌

1,555

(a)

SunOpta,

Inc

5,240‌

964

(a)

TreeHouse

Foods,

Inc

42,011‌

190

Turning

Point

Brands,

Inc

4,387‌

4,889

Tyson

Foods,

Inc

(Class

A)

246,846‌

619

Universal

Corp

29,223‌

803

Utz

Brands,

Inc

10,784‌

2,682

Vector

Group

Ltd

28,537‌

55

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

454

(a)

Vita

Coco

Co,

Inc

$

11,822‌

420

(a)

Vital

Farms,

Inc

4,864‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

20,546,799‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.4

%

4,258

(a),(b)

23andMe

Holding

Co

4,163‌

28,682

Abbott

Laboratories

2,777,852‌

1,593

(a)

Acadia

Healthcare

Co,

Inc

112,004‌

1,237

(a)

Accolade,

Inc

13,087‌

1,473

(a)

Accuray,

Inc

4,007‌

1,314

(a)

AdaptHealth

Corp

11,957‌

230

(a)

Addus

HomeCare

Corp

19,594‌

317

(a)

Agiliti,

Inc

2,057‌

4,406

(a),(b)

agilon

health,

Inc

78,251‌

1,294

(a)

Align

Technology,

Inc

395,084‌

1,430

(a)

Alignment

Healthcare,

Inc

9,924‌

1,508

(a)

Allscripts

Healthcare

Solutions,

Inc

19,815‌

996

(a)

Alphatec

Holdings,

Inc

12,918‌

577

(a)

Amedisys,

Inc

53,892‌

3,954

(a)

American

Well

Corp

4,626‌

2,642

AmerisourceBergen

Corp

475,481‌

740

(a)

AMN

Healthcare

Services,

Inc

63,033‌

563

(a)

Angiodynamics,

Inc

4,116‌

640

(a)

Apollo

Medical

Holdings,

Inc

19,744‌

673

(a)

AtriCure,

Inc

29,477‌

27

Atrion

Corp

11,156‌

725

(a)

Avanos

Medical,

Inc

14,659‌

2,914

(a)

Aveanna

Healthcare

Holdings,

Inc

3,468‌

560

(a)

Axogen,

Inc

2,800‌

738

(a)

Axonics,

Inc

41,417‌

8,643

Baxter

International,

Inc

326,187‌

4,703

Becton

Dickinson

&

Co

1,215,867‌

497

(a),(b)

Beyond

Air,

Inc

1,148‌

23,715

(a)

Boston

Scientific

Corp

1,252,152‌

2,873

(a)

Brookdale

Senior

Living,

Inc

11,894‌

4,314

(a),(b)

Butterfly

Network,

Inc

5,090‌

4,387

Cardinal

Health,

Inc

380,879‌

373

(a)

Castle

Biosciences,

Inc

6,300‌

9,319

(a)

Centene

Corp

641,893‌

1,866

(a)

Certara,

Inc

27,132‌

2,819

(a)

Cerus

Corp

4,567‌

223

Chemed

Corp

115,893‌

4,924

Cigna

Group

1,408,609‌

458

(a),(b)

ClearPoint

Neuro,

Inc

2,295‌

168

(a)

Computer

Programs

&

Systems,

Inc

2,678‌

422

Conmed

Corp

42,559‌

810

Cooper

Cos,

Inc

257,588‌

163

(a)

Corvel

Corp

32,054‌

544

(a)

Cross

Country

Healthcare,

Inc

13,486‌

480

(a)

CryoLife,

Inc

7,277‌

279

(a),(b)

Cutera,

Inc

1,680‌

210

(a)

CVRx,

Inc

3,186‌

21,577

CVS

Health

Corp

1,506,506‌

1,050

(a)

DaVita,

Inc

99,256‌

485

(a)

Definitive

Healthcare

Corp

3,875‌

3,750

Dentsply

Sirona,

Inc

128,100‌

6,477

(a)

DexCom,

Inc

604,304‌

1,250

(a)

DocGo,

Inc

6,662‌

1,826

(a)

Doximity,

Inc

38,748‌

9,985

(a)

Edwards

Lifesciences

Corp

691,761‌

3,949

Elevance

Health,

Inc

1,719,474‌

985

Embecta

Corp

14,824‌

1,608

Encompass

Health

Corp

107,993‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

56

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

804

(a)

Enhabit,

Inc

$

9,045‌

653

(a)

Enovis

Corp

34,433‌

981

Ensign

Group,

Inc

91,164‌

2,830

(a)

Envista

Holdings

Corp

78,900‌

1,677

(a)

Evolent

Health,

Inc

45,665‌

2,133

(a)

Figs,

Inc

12,585‌

350

(a)

Fulgent

Genetics,

Inc

9,359‌

6,283

GE

HealthCare

Technologies,

Inc

427,495‌

710

(a)

Glaukos

Corp

53,427‌

2,138

(a)

Globus

Medical,

Inc

106,152‌

1,770

(a)

Guardant

Health,

Inc

52,463‌

886

(a)

Haemonetics

Corp

79,368‌

3,399

HCA,

Inc

836,086‌

737

(a)

Health

Catalyst,

Inc

7,458‌

1,338

(a)

HealthEquity,

Inc

97,741‌

399

HealthStream,

Inc

8,610‌

2,395

(a)

Henry

Schein,

Inc

177,829‌

2,089

(a)

Hims

&

Hers

Health,

Inc

13,140‌

3,942

(a)

Hologic,

Inc

273,575‌

2,058

Humana,

Inc

1,001,258‌

362

(a)

ICU

Medical,

Inc

43,082‌

1,356

(a)

IDEXX

Laboratories,

Inc

592,938‌

779

(a)

Inari

Medical,

Inc

50,947‌

338

(a)

InfuSystem

Holdings,

Inc

3,258‌

1,218

(a)

Inmode

Ltd

37,100‌

200

(a)

Innovage

Holding

Corp

1,198‌

655

(a)

Inogen,

Inc

3,419‌

465

(a)

Inspire

Medical

Systems,

Inc

92,275‌

1,159

(a)

Insulet

Corp

184,849‌

572

(a)

Integer

Holdings

Corp

44,862‌

1,378

(a)

Integra

LifeSciences

Holdings

Corp

52,626‌

5,805

(a)

Intuitive

Surgical,

Inc

1,696,743‌

96

iRadimed

Corp

4,259‌

477

(a)

iRhythm

Technologies,

Inc

44,962‌

229

(a)

Joint

Corp

2,059‌

1,393

Laboratory

Corp

of

America

Holdings

280,063‌

1,098

(a)

Lantheus

Holdings,

Inc

76,289‌

236

LeMaitre

Vascular,

Inc

12,857‌

1,584

(a),(b)

LifeStance

Health

Group,

Inc

10,882‌

892

(a)

LivaNova

plc

47,169‌

849

(a)

Masimo

Corp

74,440‌

2,281

McKesson

Corp

991,893‌

22,177

Medtronic

plc

1,737,790‌

985

(a)

Merit

Medical

Systems,

Inc

67,985‌

49

Mesa

Laboratories,

Inc

5,148‌

199

(a)

ModivCare,

Inc

6,270‌

1,000

(a)

Molina

Healthcare,

Inc

327,890‌

734

(a),(b)

Nano-X

Imaging

Ltd

4,815‌

173

National

Healthcare

Corp

11,069‌

208

National

Research

Corp

9,229‌

3,187

(a)

Neogen

Corp

59,087‌

2,015

(a)

NeoGenomics,

Inc

24,784‌

613

(a)

Nevro

Corp

11,782‌

818

(a)

NextGen

Healthcare,

Inc

19,411‌

1,767

(a)

Novocure

Ltd

28,537‌

758

(a)

Omnicell,

Inc

34,140‌

8,804

(a)

Opko

Health,

Inc

14,086‌

366

(a)

OptimizeRx

Corp

2,847‌

2,503

(a)

Option

Care

Health,

Inc

80,972‌

1,144

(a)

OraSure

Technologies,

Inc

6,784‌

473

(a)

Orthofix

Medical,

Inc

6,083‌

333

(a)

OrthoPediatrics

Corp

10,656‌

742

(a)

Outset

Medical,

Inc

8,073‌

57

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

1,223

(a)

Owens

&

Minor,

Inc

$

19,764‌

525

(a)

P3

Health

Partners,

Inc

772‌

724

(a)

Paragon

28,

Inc

9,086‌

1,530

Patterson

Cos,

Inc

45,349‌

1,431

(a)

Pediatrix

Medical

Group,

Inc

18,188‌

524

(a)

Pennant

Group,

Inc

5,832‌

597

(a)

Penumbra,

Inc

144,420‌

419

(a)

PetIQ,

Inc

8,254‌

771

(a)

Phreesia,

Inc

14,402‌

1,445

Premier,

Inc

31,067‌

961

(a)

Privia

Health

Group,

Inc

22,103‌

555

(a)

PROCEPT

BioRobotics

Corp

18,210‌

1,198

(a)

Progyny,

Inc

40,756‌

2,372

(a)

Project

Roadrunner

Parent,

Inc

35,746‌

1,215

(a)

Pulmonx

Corp

12,551‌

1,909

Quest

Diagnostics,

Inc

232,631‌

828

(a)

QuidelOrtho

Corp

60,477‌

727

(a)

Quipt

Home

Medical

Corp

3,700‌

689

(a)

RadNet,

Inc

19,423‌

1,441

(a)

Repro-Med

Systems,

Inc

3,891‌

2,381

Resmed,

Inc

352,078‌

375

(a)

RxSight,

Inc

10,459‌

896

(a)

Schrodinger,

Inc

25,330‌

1,678

Select

Medical

Holdings

Corp

42,403‌

5,090

(a)

Sharecare,

Inc

4,787‌

594

(a)

Shockwave

Medical,

Inc

118,265‌

442

(a)

SI-BONE,

Inc

9,388‌

421

(a)

Sight

Sciences,

Inc

1,419‌

548

(a)

Silk

Road

Medical,

Inc

8,215‌

227

Simulations

Plus,

Inc

9,466‌

793

(a)

STAAR

Surgical

Co

31,863‌

1,629

STERIS

plc

357,435‌

5,937

Stryker

Corp

1,622,404‌

987

(a)

Surgery

Partners,

Inc

28,870‌

300

(a)

SurModics,

Inc

9,627‌

280

(a)

Tactile

Systems

Technology,

Inc

3,934‌

1,069

(a)

Tandem

Diabetes

Care,

Inc

22,203‌

495

(a)

Tela

Bio,

Inc

3,960‌

2,648

(a)

Teladoc

Health,

Inc

49,226‌

818

Teleflex,

Inc

160,663‌

1,754

(a)

Tenet

Healthcare

Corp

115,571‌

495

(a)

TransMedics

Group,

Inc

27,101‌

533

(a)

Treace

Medical

Concepts,

Inc

6,988‌

159

(a)

UFP

Technologies,

Inc

25,671‌

15,428

UnitedHealth

Group,

Inc

7,778,643‌

1,068

Universal

Health

Services,

Inc

(Class

B)

134,280‌

187

US

Physical

Therapy,

Inc

17,153‌

80

Utah

Medical

Products,

Inc

6,880‌

587

(a)

Varex

Imaging

Corp

11,030‌

2,386

(a)

Veeva

Systems,

Inc

485,432‌

908

(a)

Vicarious

Surgical,

Inc

536‌

611

(a)

Viemed

Healthcare,

Inc

4,112‌

3,486

Zimmer

Biomet

Holdings,

Inc

391,199‌

516

(a)

Zimvie,

Inc

4,856‌

374

(a),(b)

Zynex,

Inc

2,992‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

37,738,921‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.4

%

1,630

(a),(b)

Beauty

Health

Co

9,813‌

2,141

(a)

BellRing

Brands,

Inc

88,273‌

160

(a)

Central

Garden

&

Pet

Co

7,062‌

580

(a)

Central

Garden

and

Pet

Co

(Class

A)

23,252‌

4,218

Church

&

Dwight

Co,

Inc

386,495‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

58

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

HOUSEHOLD

&

PERSONAL

PRODUCTS—continued

2,121

Clorox

Co

$

277,978‌

13,616

Colgate-Palmolive

Co

968,234‌

5,109

(a)

Coty,

Inc

56,046‌

893

Edgewell

Personal

Care

Co

33,005‌

785

(a)

elf

Beauty,

Inc

86,217‌

1,154

Energizer

Holdings,

Inc

36,974‌

3,871

Estee

Lauder

Cos

(Class

A)

559,553‌

1,810

(a)

Herbalife

Ltd

25,322‌

253

Inter

Parfums,

Inc

33,988‌

28,143

Kenvue,

Inc

565,111‌

5,595

Kimberly-Clark

Corp

676,156‌

188

Medifast,

Inc

14,072‌

140

(a)

Nature's

Sunshine

Products,

Inc

2,320‌

938

Nu

Skin

Enterprises,

Inc

(Class

A)

19,895‌

61

Oil-Dri

Corp

of

America

3,767‌

1,877

(a)

Olaplex

Holdings,

Inc

3,660‌

39,070

Procter

&

Gamble

Co

5,698,750‌

871

Reynolds

Consumer

Products,

Inc

22,324‌

741

Spectrum

Brands

Holdings,

Inc

58,057‌

180

(a)

USANA

Health

Sciences,

Inc

10,550‌

266

WD-40

Co

54,062‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

9,720,936‌

INSURANCE

-

2

.3

%

10,065

Aflac,

Inc

772,489‌

4,494

Allstate

Corp

500,677‌

699

(a)

AMBAC

Financial

Group,

Inc

8,430‌

1,426

American

Equity

Investment

Life

Holding

Co

76,491‌

1,177

American

Financial

Group,

Inc

131,436‌

12,244

American

International

Group,

Inc

741,986‌

299

Amerisafe,

Inc

14,971‌

3,324

Aon

plc

1,077,707‌

5,924

(a)

Arch

Capital

Group

Ltd

472,202‌

509

Argo

Group

International

Holdings

Ltd

15,189‌

937

Assurant,

Inc

134,534‌

1,117

Assured

Guaranty

Ltd

67,601‌

1,011

Axis

Capital

Holdings

Ltd

56,990‌

1,215

(a)

Brighthouse

Financial,

Inc

59,462‌

4,079

Brown

&

Brown,

Inc

284,877‌

891

(a)

BRP

Group,

Inc

20,698‌

6,812

Chubb

Ltd

1,418,122‌

2,630

Cincinnati

Financial

Corp

269,023‌

261

CNA

Financial

Corp

10,270‌

1,716

CNO

Financial

Group,

Inc

40,721‌

428

Donegal

Group,

Inc

(Class

A)

6,101‌

494

(a)

eHealth,

Inc

3,656‌

488

Employers

Holdings,

Inc

19,496‌

136

(a)

Enstar

Group

Ltd

32,912‌

638

Everest

Re

Group

Ltd

237,125‌

311

F&G

Annuities

&

Life,

Inc

8,727‌

4,587

Fidelity

National

Financial,

Inc

189,443‌

1,838

First

American

Financial

Corp

103,829‌

3,438

Gallagher

(Arthur

J.)

&

Co

783,623‌

8,098

(a)

Genworth

Financial,

Inc

(Class

A)

47,454‌

1,450

Globe

Life,

Inc

157,658‌

286

(a)

Goosehead

Insurance,

Inc

21,316‌

928

(a)

Greenlight

Capital

Re

Ltd

(Class

A)

9,967‌

667

Hanover

Insurance

Group,

Inc

74,024‌

5,206

Hartford

Financial

Services

Group,

Inc

369,157‌

121

(b)

HCI

Group,

Inc

6,569‌

370

(a),(b)

Hippo

Holdings,

Inc

2,949‌

637

Horace

Mann

Educators

Corp

18,715‌

23

Investors

Title

Co

3,406‌

59

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

648

James

River

Group

Holdings

Ltd

$

9,947‌

1,193

Kemper

Corp

50,142‌

347

Kinsale

Capital

Group,

Inc

143,703‌

657

(a),(b)

Lemonade,

Inc

7,634‌

2,242

Lincoln

National

Corp

55,355‌

3,042

Loews

Corp

192,589‌

235

(a)

Markel

Corp

346,035‌

8,170

Marsh

&

McLennan

Cos,

Inc

1,554,751‌

1,028

(a)

MBIA,

Inc

7,412‌

429

Mercury

General

Corp

12,025‌

10,526

Metlife,

Inc

662,191‌

35

National

Western

Life

Group,

Inc

15,312‌

579

(a)

NI

Holdings,

Inc

7,452‌

5,018

Old

Republic

International

Corp

135,185‌

2,430

(a)

Oscar

Health,

Inc

13,535‌

391

(a)

Palomar

Holdings,

Inc

19,843‌

614

Primerica,

Inc

119,122‌

4,172

Principal

Financial

Group

300,676‌

820

ProAssurance

Corp

15,490‌

9,799

Progressive

Corp

1,365,001‌

6,235

Prudential

Financial,

Inc

591,639‌

1,153

Reinsurance

Group

of

America,

Inc

(Class

A)

167,404‌

759

RenaissanceRe

Holdings

Ltd

150,221‌

600

RLI

Corp

81,534‌

1,227

(a)

Ryan

Specialty

Holdings,

Inc

59,387‌

227

Safety

Insurance

Group,

Inc

15,479‌

1,030

Selective

Insurance

Group,

Inc

106,265‌

1,153

(a)

SiriusPoint

Ltd

11,726‌

351

Stewart

Information

Services

Corp

15,374‌

433

Tiptree,

Inc

7,257‌

3,845

Travelers

Cos,

Inc

627,927‌

628

(a),(b)

Trupanion,

Inc

17,710‌

338

United

Fire

Group,

Inc

6,675‌

503

Universal

Insurance

Holdings,

Inc

7,052‌

3,600

Unum

Group

177,084‌

3,558

W.R.

Berkley

Corp

225,897‌

41

White

Mountains

Insurance

Group

Ltd

61,323‌

1,814

Willis

Towers

Watson

plc

379,053‌

TOTAL

INSURANCE

16,012,410‌

MATERIALS

-

2

.7

%

350

(a),(b)

5E

Advanced

Materials,

Inc

791‌

461

AdvanSix,

Inc

14,328‌

3,702

Air

Products

&

Chemicals,

Inc

1,049,147‌

1,968

Albemarle

Corp

334,639‌

3,014

Alcoa

Corp

87,587‌

2,222

(a)

Allegheny

Technologies,

Inc

91,435‌

188

Alpha

Metallurgical

Resources,

Inc

48,829‌

24,122

Amcor

plc

220,957‌

429

American

Vanguard

Corp

4,689‌

1,121

Aptargroup,

Inc

140,170‌

271

(a),(d)

Ardagh

Group

S.A.

1,167‌

1,615

(b)

Ardagh

Metal

Packaging

S.A.

5,055‌

912

Ashland,

Inc

74,492‌

821

(a)

Aspen

Aerogels,

Inc

7,061‌

1,410

Avery

Dennison

Corp

257,565‌

1,490

Avient

Corp

52,627‌

3,718

(a)

Axalta

Coating

Systems

Ltd

100,014‌

605

Balchem

Corp

75,044‌

5,069

Ball

Corp

252,335‌

1,792

Berry

Global

Group,

Inc

110,943‌

953

Cabot

Corp

66,014‌

235

Caledonia

Mining

Corp

plc

2,317‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

60

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

799

Carpenter

Technology

Corp

$

53,701‌

1,534

Celanese

Corp

(Series

A)

192,548‌

831

(a)

Century

Aluminum

Co

5,975‌

3,308

CF

Industries

Holdings,

Inc

283,628‌

111

Chase

Corp

14,123‌

2,584

Chemours

Co

72,481‌

261

(a)

Clearwater

Paper

Corp

9,461‌

8,514

(a)

Cleveland-Cliffs,

Inc

133,074‌

4,597

(a)

Coeur

Mining,

Inc

10,205‌

1,719

Commercial

Metals

Co

84,936‌

532

Compass

Minerals

International,

Inc

14,869‌

1,802

(a)

Constellium

SE

32,796‌

12,062

Corteva,

Inc

617,092‌

1,750

Crown

Holdings,

Inc

154,840‌

1,053

(a)

Dakota

Gold

Corp

2,717‌

1,647

(a),(b)

Danimer

Scientific,

Inc

3,409‌

11,965

Dow,

Inc

616,915‌

7,613

DuPont

de

Nemours,

Inc

567,854‌

591

Eagle

Materials,

Inc

98,413‌

2,121

Eastman

Chemical

Co

162,723‌

4,128

Ecolab,

Inc

699,283‌

868

(a)

Ecovyst,

Inc

8,541‌

3,499

Element

Solutions,

Inc

68,615‌

2,023

FMC

Corp

135,480‌

23,478

Freeport-McMoRan,

Inc

(Class

B)

875,495‌

400

FutureFuel

Corp

2,868‌

25,588

(a)

Ginkgo

Bioworks

Holdings,

Inc

46,314‌

658

Glatfelter

Corp

1,316‌

4,828

Graphic

Packaging

Holding

Co

107,568‌

395

Greif,

Inc

(Class

A)

26,390‌

87

Greif,

Inc

(Class

B)

5,791‌

784

H.B.

Fuller

Co

53,790‌

284

Hawkins,

Inc

16,713‌

193

Haynes

International,

Inc

8,978‌

9,435

Hecla

Mining

Co

36,891‌

3,269

Huntsman

Corp

79,764‌

2,702

(a)

i-80

Gold

Corp

4,134‌

749

(a)

Ingevity

Corp

35,660‌

373

Innospec,

Inc

38,121‌

4,277

International

Flavors

&

Fragrances,

Inc

291,563‌

5,992

International

Paper

Co

212,536‌

149

(a)

Intrepid

Potash,

Inc

3,749‌

806

(a)

Ivanhoe

Electric,

Inc

9,591‌

261

Kaiser

Aluminum

Corp

19,643‌

749

(a)

Knife

River

Corp

36,574‌

315

Koppers

Holdings,

Inc

12,458‌

357

Kronos

Worldwide,

Inc

2,767‌

8,118

Linde

plc

3,022,737‌

2,677

(a),(b)

Livent

Corp

49,284‌

1,222

Louisiana-Pacific

Corp

67,540‌

542

(a)

LSB

Industries,

Inc

5,545‌

4,182

LyondellBasell

Industries

NV

396,035‌

1,026

Martin

Marietta

Materials,

Inc

421,152‌

300

Materion

Corp

30,573‌

741

Minerals

Technologies,

Inc

40,577‌

5,590

Mosaic

Co

199,004‌

1,500

(a)

MP

Materials

Corp

28,650‌

371

Myers

Industries,

Inc

6,652‌

95

NewMarket

Corp

43,229‌

13,472

Newmont

Goldcorp

Corp

497,790‌

3,868

(a)

Novagold

Resources,

Inc

14,853‌

4,265

Nucor

Corp

666,833‌

2,868

(a)

O-I

Glass,

Inc

47,982‌

61

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

2,013

Olin

Corp

$

100,610‌

163

Olympic

Steel,

Inc

9,162‌

1,636

(a),(b)

Origin

Materials,

Inc

2,094‌

1,050

Orion

S.A.

22,344‌

1,523

Packaging

Corp

of

America

233,857‌

499

Pactiv

Evergreen,

Inc

4,057‌

2,514

(a)

Perimeter

Solutions

S.A.

11,414‌

282

(a)

Piedmont

Lithium,

Inc

11,195‌

632

(a)

PolyMet

Mining

Corp

1,315‌

3,891

PPG

Industries,

Inc

505,052‌

1,820

(a)

PureCycle

Technologies,

Inc

10,210‌

201

Quaker

Chemical

Corp

32,160‌

74

Ramaco

Resources,

Inc

883‌

376

Ramaco

Resources,

Inc

4,132‌

564

(a)

Ranpak

Holdings

Corp

3,068‌

877

(a)

Rayonier

Advanced

Materials,

Inc

3,105‌

938

Reliance

Steel

&

Aluminum

Co

245,972‌

1,158

Royal

Gold,

Inc

123,130‌

2,211

RPM

International,

Inc

209,625‌

272

Ryerson

Holding

Corp

7,912‌

421

Schnitzer

Steel

Industries,

Inc

(Class

A)

11,725‌

1,019

Schweitzer-Mauduit

International,

Inc

14,531‌

716

Scotts

Miracle-Gro

Co

(Class

A)

37,003‌

2,582

Sealed

Air

Corp

84,845‌

804

Sensient

Technologies

Corp

47,018‌

3,936

Sherwin-Williams

Co

1,003,877‌

1,204

Silgan

Holdings,

Inc

51,904‌

1,617

Sonoco

Products

Co

87,884‌

1,339

Southern

Copper

Corp

100,813‌

3,317

SSR

Mining,

Inc

44,083‌

2,783

Steel

Dynamics,

Inc

298,393‌

410

Stepan

Co

30,738‌

2,029

(a)

Summit

Materials,

Inc

63,183‌

1,010

SunCoke

Energy,

Inc

10,251‌

619

Sylvamo

Corp

27,199‌

717

(a)

TimkenSteel

Corp

15,573‌

394

Tredegar

Corp

2,132‌

716

Trimas

Corp

17,728‌

733

Trinseo

plc

5,989‌

1,767

Tronox

Holdings

plc

23,748‌

30

United

States

Lime

&

Minerals,

Inc

6,030‌

4,076

United

States

Steel

Corp

132,388‌

3,271

Valvoline,

Inc

105,457‌

2,163

Vulcan

Materials

Co

436,969‌

816

Warrior

Met

Coal,

Inc

41,681‌

559

Westlake

Chemical

Corp

69,691‌

4,393

Westrock

Co

157,269‌

702

Worthington

Industries,

Inc

43,398‌

TOTAL

MATERIALS

19,020,792‌

MEDIA

&

ENTERTAINMENT

-

7

.3

%

12,185

Activision

Blizzard,

Inc

1,140,882‌

988

(a)

Advantage

Solutions,

Inc

2,806‌

84,727

(a)

Alphabet,

Inc

11,171,255‌

98,877

(a)

Alphabet,

Inc

(Class

A)

12,939,044‌

543

(a)

AMC

Networks,

Inc

6,397‌

170

(a)

Atlanta

Braves

Holdings,

Inc

6,642‌

632

(a)

Atlanta

Braves

Holdings,

Inc

22,581‌

380

(a)

Boston

Omaha

Corp

6,228‌

1,441

(a)

Bumble,

Inc

21,500‌

92

Cable

One,

Inc

56,639‌

1,657

(a)

Cargurus,

Inc

29,031‌

1,131

(a)

Cars.com,

Inc

19,069‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

62

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

MEDIA

&

ENTERTAINMENT—continued

1,719

(a)

Charter

Communications,

Inc

$

756,051‌

2,021

(a)

Cinemark

Holdings,

Inc

37,085‌

6,287

(a)

Clear

Channel

Outdoor

Holdings,

Inc

9,934‌

68,626

Comcast

Corp

(Class

A)

3,042,877‌

17

(a)

Daily

Journal

Corp

4,998‌

632

(a)

DHI

Group,

Inc

1,934‌

4,043

(a)

DISH

Network

Corp

(Class

A)

23,692‌

4,486

Electronic

Arts,

Inc

540,114‌

1,005

Entravision

Communications

Corp

(Class

A)

3,668‌

1,205

(a)

Eventbrite,

Inc

11,881‌

249

(a)

EverQuote,

Inc

1,800‌

916

(a)

EW

Scripps

Co

(Class

A)

5,020‌

4,745

Fox

Corp

(Class

A)

148,044‌

2,613

Fox

Corp

(Class

B)

75,463‌

2,328

(a)

Gannett

Co,

Inc

5,704‌

1,547

Gray

Television,

Inc

10,705‌

1,354

(a)

IAC,

Inc

68,228‌

902

(a)

IMAX

Corp

17,427‌

556

(a)

Integral

Ad

Science

Holding

Corp

6,611‌

6,397

Interpublic

Group

of

Cos,

Inc

183,338‌

693

John

Wiley

&

Sons,

Inc

(Class

A)

25,759‌

2,046

(a)

Liberty

Broadband

Corp

186,841‌

365

(a)

Liberty

Broadband

Corp

(Class

A)

33,182‌

3,335

(a)

Liberty

Media

Corp-Liberty

Formula

One

207,771‌

398

(a)

Liberty

Media

Corp-Liberty

Formula

One

22,503‌

2,909

(a)

Liberty

Media

Corp-Liberty

SiriusXM

74,063‌

1,463

(a)

Liberty

Media

Corp-Liberty

SiriusXM

37,233‌

869

(a)

LIBERTY

MEDIA

CORP-LIBERTY-C

27,895‌

786

(a)

Lions

Gate

Entertainment

Corp

(Class

A)

6,665‌

1,776

(a)

Lions

Gate

Entertainment

Corp

(Class

B)

13,977‌

2,523

(a)

Live

Nation,

Inc

209,510‌

585

(a)

Madison

Square

Garden

Entertainment

Corp

19,252‌

336

Madison

Square

Garden

Sports

Corp

59,237‌

2,210

(a)

Magnite,

Inc

16,663‌

294

(b)

Marcus

Corp

4,557‌

4,748

(a)

Match

Group,

Inc

186,003‌

278

(a)

MediaAlpha,

Inc

2,296‌

36,808

(a)

Meta

Platforms,

Inc

11,050,130‌

7,299

(a)

NetFlix,

Inc

2,756,102‌

2,867

New

York

Times

Co

(Class

A)

118,120‌

6,379

News

Corp

(Class

A)

127,963‌

1,884

News

Corp

(Class

B)

39,319‌

582

Nexstar

Media

Group,

Inc

83,441‌

1,900

(a)

Nextdoor

Holdings,

Inc

3,458‌

3,273

Omnicom

Group,

Inc

243,773‌

692

(a)

Outbrain,

Inc

3,370‌

89

Paramount

Global

(Class

A)

1,405‌

9,969

Paramount

Global

(Class

B)

128,600‌

9,845

(a)

Pinterest,

Inc

266,110‌

1,390

(a)

Playstudios,

Inc

4,420‌

896

(a)

Playtika

Holding

Corp

8,629‌

683

(a)

PubMatic,

Inc

8,264‌

1,085

(a)

QuinStreet,

Inc

9,733‌

378

(a)

Reservoir

Media,

Inc

2,306‌

7,676

(a)

ROBLOX

Corp

222,297‌

2,026

(a)

Roku,

Inc

143,015‌

438

Scholastic

Corp

16,705‌

366

Shutterstock,

Inc

13,926‌

862

(b)

Sinclair,

Inc

9,672‌

12,646

(b)

Sirius

XM

Holdings,

Inc

57,160‌

496

(a)

Sphere

Entertainment

Co

18,431‌

2,335

(a)

Spotify

Technology

S.A.

361,084‌

1,314

(a)

Stagwell,

Inc

6,163‌

63

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

MEDIA

&

ENTERTAINMENT—continued

2,757

(a)

Take-Two

Interactive

Software,

Inc

$

387,055‌

378

(a)

TechTarget,

Inc

11,476‌

3,517

TEGNA,

Inc

51,243‌

380

(a)

Thryv

Holdings,

Inc

7,133‌

749

(a)

TKO

Group

Holdings,

Inc

62,961‌

1,758

(a)

TripAdvisor,

Inc

29,148‌

1,632

(a)

TrueCar,

Inc

3,378‌

2,350

(a)

Vimeo,

Inc

8,319‌

448

(a)

Vivid

Seats,

Inc

2,876‌

30,376

(a)

Walt

Disney

Co

2,461,975‌

37,145

(a)

Warner

Bros

Discovery,

Inc

403,395‌

736

(a)

WideOpenWest,

Inc

5,630‌

1,209

(a)

Yelp,

Inc

50,282‌

795

(a)

Ziff

Davis,

Inc

50,634‌

1,228

(a)

ZipRecruiter,

Inc

14,724‌

4,927

(a)

ZoomInfo

Technologies,

Inc

80,803‌

TOTAL

MEDIA

&

ENTERTAINMENT

50,844,683‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

7

.8

%

1,510

(a)

10X

Genomics,

Inc

62,287‌

646

(a)

2seventy

bio,

Inc

2,532‌

684

(a)

4D

Molecular

Therapeutics,

Inc

8,707‌

1,031

(a)

89bio,

Inc

15,919‌

306

(a),(b)

Aadi

Bioscience,

Inc

1,481‌

29,404

AbbVie,

Inc

4,382,960‌

2,077

(a)

Acadia

Pharmaceuticals,

Inc

43,285‌

997

(a)

Aclaris

Therapeutics,

Inc

6,829‌

488

(a),(b)

Actinium

Pharmaceuticals,

Inc

2,889‌

2,888

(a)

Adaptive

Biotechnologies

Corp

15,740‌

441

(a),(b)

Adicet

Bio,

Inc

604‌

3,230

(a)

ADMA

Biologics,

Inc

11,563‌

190

(a)

Aerovate

Therapeutics,

Inc

2,578‌

6,443

(a)

Agenus,

Inc

7,281‌

4,920

Agilent

Technologies,

Inc

550,154‌

1,081

(a)

Agios

Pharmaceuticals,

Inc

26,755‌

706

(a)

Akero

Therapeutics,

Inc

35,709‌

144

(a),(b)

Akoya

Biosciences,

Inc

670‌

717

(a)

Aldeyra

Therapeutics,

Inc

4,790‌

1,021

(a)

Alector,

Inc

6,616‌

2,871

(a)

Alkermes

plc

80,417‌

1,128

(a)

Allakos,

Inc

2,561‌

1,319

(a)

Allogene

Therapeutics,

Inc

4,181‌

1,033

(a)

Allovir,

Inc

2,221‌

2,045

(a)

Alnylam

Pharmaceuticals,

Inc

362,169‌

725

(a)

Alpine

Immune

Sciences,

Inc

8,301‌

827

(a)

Altimmune,

Inc

2,150‌

1,052

(a)

ALX

Oncology

Holdings,

Inc

5,050‌

8,934

Amgen,

Inc

2,401,102‌

4,499

(a)

Amicus

Therapeutics,

Inc

54,708‌

2,013

(a)

Amneal

Pharmaceuticals,

Inc

8,495‌

552

(a)

Amphastar

Pharmaceuticals,

Inc

25,386‌

760

(a)

Amylyx

Pharmaceuticals,

Inc

13,916‌

305

(a)

AnaptysBio,

Inc

5,478‌

1,126

(a),(b)

Anavex

Life

Sciences

Corp

7,375‌

121

(a)

ANI

Pharmaceuticals,

Inc

7,025‌

216

(a)

Anika

Therapeutics,

Inc

4,024‌

1,130

(a)

Annexon,

Inc

2,667‌

1,622

(a)

Apellis

Pharmaceuticals,

Inc

61,701‌

1,513

(a),(b)

Arbutus

Biopharma

Corp

3,071‌

630

(a)

Arcellx,

Inc

22,604‌

607

(a)

Arcturus

Therapeutics

Holdings,

Inc

15,509‌

799

(a)

Arcus

Biosciences,

Inc

14,342‌

576

(a)

Arcutis

Biotherapeutics,

Inc

3,059‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

64

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

3,415

(a)

Ardelyx,

Inc

$

13,933‌

1,723

(a)

Arrowhead

Pharmaceuticals,

Inc

46,297‌

937

(a)

Arvinas,

Inc

18,403‌

822

(a),(b)

Assertio

Holdings,

Inc

2,104‌

425

(a),(b)

Astria

Therapeutics,

Inc

3,170‌

1,067

(a)

Atea

Pharmaceuticals,

Inc

3,201‌

338

(a)

Aura

Biosciences,

Inc

3,032‌

2,219

(a)

Aurinia

Pharmaceuticals,

Inc

17,242‌

10,369

(a)

Avantor,

Inc

218,579‌

989

(a)

Avid

Bioservices,

Inc

9,336‌

1,080

(a)

Avidity

Biosciences,

Inc

6,890‌

414

(a),(b)

Avita

Medical,

Inc

6,049‌

533

(a),(b)

Axsome

Therapeutics,

Inc

37,251‌

1,068

(a)

Beam

Therapeutics,

Inc

25,685‌

824

(a)

BioAtla,

Inc

1,401‌

2,996

(a)

BioCryst

Pharmaceuticals,

Inc

21,212‌

2,430

(a)

Biogen,

Inc

624,534‌

958

(a)

Biohaven

Ltd

24,918‌

571

(a)

BioLife

Solutions,

Inc

7,886‌

3,188

(a)

BioMarin

Pharmaceutical,

Inc

282,074‌

334

(a)

Biomea

Fusion,

Inc

4,596‌

379

(a)

Bio-Rad

Laboratories,

Inc

(Class

A)

135,853‌

2,628

Bio-Techne

Corp

178,888‌

1,786

(a),(b)

Bluebird

Bio,

Inc

5,429‌

1,085

(a)

Blueprint

Medicines

Corp

54,489‌

2,146

(a)

Bridgebio

Pharma,

Inc

56,590‌

35,135

Bristol-Myers

Squibb

Co

2,039,235‌

1,252

(a)

Brooks

Automation,

Inc

62,838‌

1,736

Bruker

BioSciences

Corp

108,153‌

427

(a)

Cabaletta

Bio,

Inc

6,499‌

679

(a)

Cara

Therapeutics,

Inc

1,141‌

831

(a)

CareDx,

Inc

5,817‌

983

(a)

Caribou

Biosciences,

Inc

4,699‌

525

(b)

Carisma

Therapeutics,

Inc

2,221‌

656

(a),(b)

Cassava

Sciences,

Inc

10,916‌

2,958

(a)

Catalent,

Inc

134,678‌

2,132

(a)

Catalyst

Pharmaceuticals,

Inc

24,923‌

422

(a),(b)

Celcuity,

Inc

3,857‌

777

(a)

Celldex

Therapeutics,

Inc

21,383‌

397

(a)

Century

Therapeutics,

Inc

794‌

982

(a)

Cerevel

Therapeutics

Holdings,

Inc

21,437‌

837

(a)

Charles

River

Laboratories

International,

Inc

164,035‌

854

(a),(d)

Chinook

Therapeutics,

Inc

333‌

970

(a)

Codexis,

Inc

1,833‌

1,087

(a)

Cogent

Biosciences,

Inc

10,598‌

1,104

(a)

Coherus

Biosciences,

Inc

4,129‌

773

(a)

Collegium

Pharmaceutical,

Inc

17,277‌

1,591

(a),(b)

Compass

Therapeutics,

Inc

3,134‌

1,611

(a)

Corcept

Therapeutics,

Inc

43,892‌

889

(a),(b)

CorMedix,

Inc

3,289‌

899

(a)

Crinetics

Pharmaceuticals,

Inc

26,736‌

670

(a)

CryoPort,

Inc

9,186‌

427

(a)

Cullinan

Oncology,

Inc

3,864‌

1,438

(a)

Cymabay

Therapeutics,

Inc

21,441‌

1,861

(a)

Cytek

Biosciences,

Inc

10,273‌

1,451

(a)

Cytokinetics,

Inc

42,746‌

10,904

Danaher

Corp

2,705,282‌

722

(a)

Day

One

Biopharmaceuticals,

Inc

8,859‌

610

(a)

Deciphera

Pharmaceuticals,

Inc

7,759‌

1,799

(a)

Denali

Therapeutics,

Inc

37,113‌

578

(a)

Design

Therapeutics,

Inc

1,364‌

139

(a),(b)

Disc

Medicine,

Inc

6,530‌

1,903

(a)

Dynavax

Technologies

Corp

28,107‌

65

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

549

(a)

Dyne

Therapeutics,

Inc

$

4,919‌

122

(a)

Eagle

Pharmaceuticals,

Inc

1,924‌

648

(a)

Edgewise

Therapeutics,

Inc

3,713‌

1,580

(a)

Editas

Medicine,

Inc

12,324‌

7,744

(a)

Elanco

Animal

Health,

Inc

87,043‌

14,115

Eli

Lilly

&

Co

7,581,590‌

301

(a)

Enanta

Pharmaceuticals,

Inc

3,362‌

352

(a),(b)

Enliven

Therapeutics,

Inc

4,808‌

380

(a),(b)

Entrada

Therapeutics,

Inc

6,004‌

5,748

(a)

EQRx,

Inc

12,761‌

1,213

(a)

Erasca,

Inc

2,390‌

533

(a)

Evolus,

Inc

4,872‌

2,917

(a)

Exact

Sciences

Corp

198,998‌

5,221

(a)

Exelixis,

Inc

114,079‌

35

(a),(b)

EyePoint

Pharmaceuticals,

Inc

280‌

1,343

(a)

Fate

Therapeutics,

Inc

2,847‌

410

(a),(b)

Foghorn

Therapeutics,

Inc

2,050‌

1,498

(a)

Fortrea

Holdings,

Inc

42,828‌

744

(a)

Generation

Bio

Co

2,820‌

7,738

(a)

Geron

Corp

16,405‌

20,756

Gilead

Sciences,

Inc

1,555,455‌

1,149

(a)

Graphite

Bio,

Inc

2,850‌

1,676

(a)

Gritstone

bio,

Inc

2,883‌

2,341

(a)

Halozyme

Therapeutics,

Inc

89,426‌

405

(a)

Harmony

Biosciences

Holdings,

Inc

13,272‌

367

(a),(b)

Harrow

Health,

Inc

5,274‌

674

(a)

Harvard

Bioscience,

Inc

2,898‌

256

(a)

HilleVax,

Inc

3,443‌

3,709

(a)

Horizon

Therapeutics

PLC

429,094‌

1,440

(a),(b)

Humacyte,

Inc

4,219‌

1,296

(a)

ICON

plc

319,140‌

735

(a)

Icosavax,

Inc

5,696‌

825

(a)

Ideaya

Biosciences,

Inc

22,258‌

344

(a),(b)

IGM

Biosciences,

Inc

2,872‌

2,643

(a)

Illumina,

Inc

362,831‌

362

(a)

Immuneering

Corp

2,780‌

2,150

(a),(b)

ImmunityBio,

Inc

3,633‌

3,879

(a)

Immunogen,

Inc

61,560‌

892

(a)

Immunovant,

Inc

34,244‌

3,159

(a)

Incyte

Corp

182,495‌

477

(a)

Inhibrx,

Inc

8,753‌

1,186

(a)

Innoviva,

Inc

15,406‌

608

(a),(b)

Inozyme

Pharma,

Inc

2,554‌

1,917

(a)

Insmed,

Inc

48,404‌

1,443

(a)

Intellia

Therapeutics,

Inc

45,628‌

554

(a)

Intercept

Pharmaceuticals,

Inc

10,271‌

1,517

(a)

Intra-Cellular

Therapies,

Inc

79,021‌

2,335

(a)

Ionis

Pharmaceuticals,

Inc

105,916‌

3,244

(a)

Iovance

Biotherapeutics,

Inc

14,760‌

3,053

(a)

IQVIA

Holdings,

Inc

600,678‌

2,421

(a)

Ironwood

Pharmaceuticals,

Inc

23,314‌

343

(a)

iTeos

Therapeutics,

Inc

3,756‌

205

(a),(b)

Janux

Therapeutics,

Inc

2,066‌

1,000

(a)

Jazz

Pharmaceuticals

plc

129,440‌

39,972

Johnson

&

Johnson

6,225,639‌

390

(a)

KalVista

Pharmaceuticals,

Inc

3,756‌

568

(a)

Karuna

Therapeutics,

Inc

96,043‌

1,306

(a)

Karyopharm

Therapeutics,

Inc

1,750‌

337

(a)

Keros

Therapeutics,

Inc

10,744‌

1,049

(a)

Kezar

Life

Sciences,

Inc

1,248‌

561

(a)

Kiniksa

Pharmaceuticals

Ltd

9,745‌

557

(a)

Kodiak

Sciences,

Inc

1,003‌

313

(a)

Krystal

Biotech,

Inc

36,308‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

66

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

1,038

(a)

Kura

Oncology,

Inc

$

9,467‌

584

(a)

Kymera

Therapeutics,

Inc

8,118‌

1,227

(a),(b)

Lexicon

Pharmaceuticals,

Inc

1,337‌

305

(a)

Ligand

Pharmaceuticals,

Inc

(Class

B)

18,276‌

2,773

(a)

Lineage

Cell

Therapeutics,

Inc

3,272‌

933

(a)

Liquidia

Corp

5,915‌

349

(a)

Longboard

Pharmaceuticals,

Inc

1,940‌

4,483

(a),(b)

Lyell

Immunopharma,

Inc

6,590‌

1,468

(a)

MacroGenics,

Inc

6,841‌

221

(a)

Madrigal

Pharmaceuticals,

Inc

32,275‌

4,140

(a)

MannKind

Corp

17,098‌

1,760

(a)

Maravai

LifeSciences

Holdings,

Inc

17,600‌

764

(a),(b)

Marinus

Pharmaceuticals,

Inc

6,150‌

1,600

(a)

MaxCyte,

Inc

4,992‌

396

(a)

Medpace

Holdings,

Inc

95,883‌

1,264

(a)

MeiraGTx

Holdings

plc

6,206‌

42,273

Merck

&

Co,

Inc

4,352,005‌

371

(a)

Mettler-Toledo

International,

Inc

411,094‌

1,942

(a)

MiMedx

Group,

Inc

14,157‌

215

(a)

Mineralys

Therapeutics,

Inc

2,045‌

707

(a)

Mirati

Therapeutics,

Inc

30,797‌

461

(a)

Mirum

Pharmaceuticals,

Inc

14,568‌

5,621

(a)

Moderna,

Inc

580,593‌

579

(a)

Monte

Rosa

Therapeutics,

Inc

2,773‌

456

(a)

Morphic

Holding,

Inc

10,447‌

1,296

(a)

Myriad

Genetics,

Inc

20,788‌

1,492

(a),(b)

NanoString

Technologies,

Inc

2,566‌

1,592

(a)

Natera,

Inc

70,446‌

1,816

(a)

Nautilus

Biotechnology,

Inc

5,739‌

1,620

(a)

Neurocrine

Biosciences,

Inc

182,250‌

653

(a)

NGM

Biopharmaceuticals,

Inc

699‌

1,017

(a)

Nkarta,

Inc

1,414‌

1,714

(a),(b)

Novavax,

Inc

12,409‌

774

(a)

Nurix

Therapeutics,

Inc

6,084‌

392

(a)

Nuvalent,

Inc

18,020‌

4,693

(a)

Nuvation

Bio,

Inc

6,289‌

1,191

(a)

Ocular

Therapeutix,

Inc

3,740‌

486

(a)

Olema

Pharmaceuticals,

Inc

6,002‌

511

(a),(b)

Omega

Therapeutics,

Inc

1,099‌

970

(a),(b)

Omeros

Corp

2,832‌

115

(a),(d)

OmniAb

Operations,

Inc

1‌

115

(a),(d)

OmniAb

Operations,

Inc

1‌

1,495

(a)

OmniAb,

Inc

7,759‌

1,082

(a)

Organogenesis

Holdings,

Inc

3,441‌

4,364

Organon

&

Co

75,759‌

684

(a)

ORIC

Pharmaceuticals,

Inc

4,138‌

1,735

(a)

Ovid

therapeutics,

Inc

6,662‌

4,140

(a)

Pacific

Biosciences

of

California,

Inc

34,569‌

686

(a)

Pacira

BioSciences,

Inc

21,046‌

205

(a)

PepGen,

Inc

1,041‌

2,112

PerkinElmer,

Inc

233,798‌

2,396

Perrigo

Co

plc

76,552‌

94,504

Pfizer,

Inc

3,134,698‌

326

(a)

Phathom

Pharmaceuticals,

Inc

3,381‌

293

Phibro

Animal

Health

Corp

3,742‌

845

(a)

Pliant

Therapeutics,

Inc

14,652‌

437

(a)

PMV

Pharmaceuticals,

Inc

2,683‌

1,279

(a)

Point

Biopharma

Global,

Inc

8,531‌

1,693

(a),(b)

Poseida

Therapeutics,

Inc

4,029‌

4,045

(a),(b)

Precigen,

Inc

5,744‌

817

(a)

Prestige

Consumer

Healthcare,

Inc.

46,724‌

667

(a),(b)

Prime

Medicine,

Inc

6,363‌

1,100

(a)

ProKidney

Corp

5,038‌

67

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

892

(a)

Protagonist

Therapeutics,

Inc

$

14,879‌

672

(a)

Prothena

Corp

plc

32,424‌

1,091

(a)

PTC

Therapeutics,

Inc

24,449‌

3,510

(a)

QIAGEN

NV

142,155‌

537

(a)

Quanterix

Corp

14,574‌

4,583

(a),(b)

Quantum-Si,

Inc

7,608‌

734

(a)

Rallybio

Corp

2,474‌

468

(a)

RAPT

Therapeutics,

Inc

7,778‌

2,378

(a),(b)

Recursion

Pharmaceuticals,

Inc

18,192‌

1,731

(a)

Regeneron

Pharmaceuticals,

Inc

1,424,544‌

696

(a)

REGENXBIO,

Inc

11,456‌

1,583

(a)

Relay

Therapeutics,

Inc

13,313‌

918

(a)

Repligen

Corp

145,971‌

560

(a)

Replimune

Group,

Inc

9,582‌

1,255

(a)

Revance

Therapeutics,

Inc

14,395‌

1,541

(a)

REVOLUTION

Medicines,

Inc

42,655‌

818

(a)

Rhythm

Pharmaceuticals,

Inc

18,753‌

5,399

(a)

Rigel

Pharmaceuticals,

Inc

5,831‌

870

(a)

Rocket

Pharmaceuticals,

Inc

17,826‌

4,043

(a)

Roivant

Sciences

Ltd

47,222‌

6,056

Royalty

Pharma

plc

164,360‌

944

(a)

Sage

Therapeutics,

Inc

19,428‌

2,069

(a)

Sana

Biotechnology,

Inc

8,007‌

3,885

(a)

Sangamo

Therapeutics

Inc

2,330‌

1,450

(a)

Sarepta

Therapeutics,

Inc

175,769‌

1,798

(a),(b)

Savara,

Inc

6,796‌

487

(a)

Scholar

Rock

Holding

Corp

3,458‌

424

(a),(b)

scPharmaceuticals,

Inc

3,019‌

2,306

(a)

Seagen,

Inc

489,218‌

1,737

(a)

Seer,

Inc

3,839‌

1,730

(a)

Seres

Therapeutics,

Inc

4,117‌

842

SIGA

Technologies,

Inc

4,420‌

552

(a)

Silverback

Therapeutics,

Inc

2,087‌

5,548

(a)

SomaLogic,

Inc

13,260‌

1,974

(a),(d)

Sorrento

Therapeutics,

Inc

2,631‌

1,436

(a)

Sotera

Health

Co

21,511‌

896

(a)

SpringWorks

Therapeutics,

Inc

20,716‌

622

(a)

Stoke

Therapeutics,

Inc

2,451‌

1,773

(a),(b)

Summit

Therapeutics,

Inc

3,316‌

725

(a)

Supernus

Pharmaceuticals,

Inc

19,988‌

730

(a)

Sutro

Biopharma,

Inc

2,533‌

1,070

(a)

Syndax

Pharmaceuticals,

Inc

15,536‌

905

(a)

Tango

Therapeutics,

Inc

10,190‌

356

(a)

Tarsus

Pharmaceuticals,

Inc

6,326‌

1,087

(a)

Tenaya

Therapeutics,

Inc

2,772‌

693

(a)

Terns

Pharmaceuticals,

Inc

3,486‌

2,359

(a)

TG

Therapeutics,

Inc

19,721‌

1,031

(a),(b)

Theravance

Biopharma,

Inc

8,898‌

6,414

Thermo

Fisher

Scientific,

Inc

3,246,574‌

825

(a)

Theseus

Pharmaceuticals,

Inc

2,219‌

940

(a)

Travere

Therapeutics,

Inc

8,404‌

941

(a)

Twist

Bioscience

Corp

19,065‌

356

(a),(b)

Tyra

Biosciences,

Inc

4,902‌

1,092

(a)

Ultragenyx

Pharmaceutical,

Inc

38,930‌

751

(a)

United

Therapeutics

Corp

169,628‌

424

(a)

UroGen

Pharma

Ltd

5,940‌

819

(a)

Vanda

Pharmaceuticals,

Inc

3,538‌

1,457

(a)

Vaxcyte,

Inc

74,278‌

732

(a)

Ventyx

Biosciences,

Inc

25,422‌

550

(a)

Vera

Therapeutics,

Inc

7,540‌

1,155

(a)

Veracyte,

Inc

25,791‌

796

(a)

Vericel

Corp

26,682‌

4,278

(a)

Vertex

Pharmaceuticals,

Inc

1,487,632‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

68

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

855

(a)

Verve

Therapeutics,

Inc

$

11,337‌

18,237

Viatris,

Inc

179,817‌

311

(a)

Vigil

Neuroscience,

Inc

1,676‌

1,580

(a)

Viking

Therapeutics,

Inc

17,491‌

1,193

(a)

Vir

Biotechnology,

Inc

11,178‌

609

(a)

Viridian

Therapeutics,

Inc

9,342‌

908

(a)

Vor

BioPharma,

Inc

1,925‌

496

(a)

Voyager

Therapeutics,

Inc

3,844‌

1,029

(a)

Waters

Corp

282,162‌

909

(a)

WaVe

Life

Sciences

Ltd

5,227‌

1,264

West

Pharmaceutical

Services,

Inc

474,265‌

2,079

(a)

X4

Pharmaceuticals,

Inc

2,266‌

962

(a)

Xencor,

Inc

19,384‌

3,180

(a),(b)

Xeris

Biopharma

Holdings,

Inc

5,915‌

616

(a)

Y-mAbs

Therapeutics,

Inc

3,357‌

788

(a)

Zentalis

Pharmaceuticals,

Inc

15,807‌

597

(a),(b)

Zevra

Therapeutics,

Inc

2,878‌

7,761

Zoetis,

Inc

1,350,259‌

888

(a)

Zymeworks,

Inc

5,630‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

54,718,554‌

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0

.1

%

2,208

(a)

Anywhere

Real

Estate,

Inc

14,198‌

5,065

(a)

CBRE

Group,

Inc

374,101‌

5,041

(a)

Compass,

Inc

14,619‌

2,415

(a)

Cushman

&

Wakefield

plc

18,402‌

2,419

DigitalBridge

Group,

Inc

42,526‌

1,408

Douglas

Elliman,

Inc

3,182‌

1,235

(b)

eXp

World

Holdings,

Inc

20,056‌

240

(a)

Forestar

Group,

Inc

6,466‌

102

(a)

FRP

Holdings,

Inc

5,505‌

843

(a)

Jones

Lang

LaSalle,

Inc

119,015‌

2,137

Kennedy-Wilson

Holdings,

Inc

31,499‌

406

Marcus

&

Millichap,

Inc

11,912‌

252

(a)

Maui

Land

&

Pineapple

Co,

Inc

3,339‌

2,520

Newmark

Group,

Inc

16,204‌

8,902

(a)

Opendoor

Technologies,

Inc

23,501‌

349

Re/Max

Holdings,

Inc

4,516‌

1,711

(a),(b)

Redfin

Corp

12,045‌

497

RMR

Group,

Inc

12,187‌

747

St.

Joe

Co

40,585‌

152

(a)

Stratus

Properties,

Inc

4,165‌

268

(a)

Tejon

Ranch

Co

4,347‌

181

(a)

Transcontinental

Realty

Investors,

Inc

5,542‌

1,056

(a)

Zillow

Group,

Inc

(Class

A)

47,298‌

2,670

(a)

Zillow

Group,

Inc

(Class

C)

123,247‌

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

958,457‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

6

.5

%

759

(a)

ACM

Research,

Inc

13,742‌

26,653

(a)

Advanced

Micro

Devices,

Inc

2,740,461‌

407

(a),(b)

Aehr

Test

Systems

18,600‌

932

(a)

Allegro

MicroSystems,

Inc

29,768‌

441

(a)

Alpha

&

Omega

Semiconductor

Ltd

13,159‌

567

(a)

Ambarella,

Inc

30,068‌

1,455

Amkor

Technology,

Inc

32,883‌

8,368

Analog

Devices,

Inc

1,465,153‌

14,039

Applied

Materials,

Inc

1,943,700‌

320

(a),(b)

Atomera,

Inc

2,003‌

510

(a)

Axcelis

Technologies,

Inc

83,155‌

6,744

Broadcom,

Inc

5,601,432‌

333

(a)

Ceva,

Inc

6,457‌

1,003

(a)

Cirrus

Logic,

Inc

74,182‌

69

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

772

(a)

Cohu,

Inc

$

26,588‌

1,608

(a)

Credo

Technology

Group

Holding

Ltd

24,522‌

836

(a)

Diodes,

Inc

65,910‌

2,193

(a)

Enphase

Energy,

Inc

263,489‌

2,553

Entegris,

Inc

239,752‌

1,763

(a)

First

Solar,

Inc

284,883‌

1,150

(a)

Formfactor,

Inc

40,181‌

1,173

(a),(b)

GLOBALFOUNDRIES,

Inc

68,257‌

434

(a)

Ichor

Holdings

Ltd

13,437‌

346

(a)

Impinj,

Inc

19,040‌

2,044

(a)

indie

Semiconductor,

Inc

12,877‌

69,294

Intel

Corp

2,463,402‌

173

(a)

inTEST

Corp

2,624‌

2,289

KLA

Corp

1,049,873‌

970

Kulicke

&

Soffa

Industries,

Inc

47,171‌

2,237

Lam

Research

Corp

1,402,084‌

2,413

(a)

Lattice

Semiconductor

Corp

207,349‌

799

(a)

MACOM

Technology

Solutions

Holdings,

Inc

65,182‌

14,438

Marvell

Technology,

Inc

781,529‌

384

(a),(b)

Maxeon

Solar

Technologies

Ltd

4,451‌

1,137

(a)

MaxLinear,

Inc

25,298‌

8,819

Microchip

Technology,

Inc

688,323‌

18,203

Micron

Technology,

Inc

1,238,350‌

1,013

MKS

Instruments,

Inc

87,665‌

776

Monolithic

Power

Systems,

Inc

358,512‌

1,749

(a)

Navitas

Semiconductor

Corp

12,156‌

85

NVE

Corp

6,982‌

39,538

Nvidia

Corp

17,198,635‌

7,238

(a)

ON

Semiconductor

Corp

672,772‌

943

(a)

Onto

Innovation,

Inc

120,251‌

409

(a)

PDF

Solutions,

Inc

13,252‌

1,020

(a)

Photronics,

Inc

20,614‌

990

Power

Integrations,

Inc

75,547‌

1,660

(a)

Qorvo,

Inc

158,480‌

18,525

QUALCOMM,

Inc

2,057,387‌

1,794

(a)

Rambus,

Inc

100,087‌

1,200

(a)

Semtech

Corp

30,900‌

591

(a)

Silicon

Laboratories,

Inc

68,491‌

272

(a)

SiTime

Corp

31,076‌

106

(a)

SkyWater

Technology,

Inc

638‌

2,569

Skyworks

Solutions,

Inc

253,278‌

592

(a)

SMART

Global

Holdings,

Inc

14,415‌

653

(a)

Synaptics,

Inc

58,404‌

2,512

Teradyne,

Inc

252,356‌

15,003

Texas

Instruments,

Inc

2,385,627‌

398

(a)

Transphorm,

Inc

884‌

789

(a)

Ultra

Clean

Holdings

23,410‌

754

Universal

Display

Corp

118,370‌

729

(a)

Veeco

Instruments,

Inc

20,492‌

1,949

(a)

Wolfspeed,

Inc

74,257‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

45,304,273‌

SOFTWARE

&

SERVICES

-

11

.5

%

1,702

(a)

8x8,

Inc

4,289‌

978

A10

Networks,

Inc

14,699‌

10,484

Accenture

plc

3,219,741‌

2,058

(a)

ACI

Worldwide,

Inc

46,428‌

1,587

Adeia,

Inc

16,949‌

7,627

(a)

Adobe,

Inc

3,889,007‌

400

(a)

Agilysys,

Inc

26,464‌

2,582

(a)

Akamai

Technologies,

Inc

275,086‌

790

(a)

Alarm.com

Holdings,

Inc

48,301‌

641

(a)

Alkami

Technology,

Inc

11,679‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

70

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

708

(a)

Altair

Engineering,

Inc

$

44,292‌

994

(a)

Alteryx,

Inc

37,464‌

1,940

Amdocs

Ltd

163,911‌

370

American

Software,

Inc

(Class

A)

4,240‌

894

(a)

Amplitude,

Inc

10,344‌

1,455

(a)

Ansys,

Inc

432,935‌

306

(a)

Appfolio,

Inc

55,885‌

674

(a)

Appian

Corp

30,741‌

1,093

(a)

Applied

Digital

Corp

6,820‌

3,826

(a)

AppLovin

Corp

152,887‌

1,411

(a)

Asana,

Inc

25,835‌

492

(a)

Aspentech

Corp

100,496‌

343

(a)

Asure

Software,

Inc

3,245‌

2,456

(a)

Atlassian

Corp

Ltd

494,909‌

3,570

(a)

Autodesk,

Inc

738,669‌

2,036

(a)

AvePoint,

Inc

13,682‌

2,852

Bentley

Systems,

Inc

143,056‌

1,087

(a)

BigCommerce

Holdings,

Inc

10,729‌

1,698

(a)

BILL

Holdings,

Inc

184,352‌

1,290

(a),(b)

Bit

Digital,

Inc

2,761‌

860

(a)

Blackbaud,

Inc

60,475‌

875

(a)

BlackLine,

Inc

48,536‌

2,369

(a)

Box,

Inc

57,353‌

503

(a)

Braze,

Inc

23,505‌

653

(a)

Brightcove,

Inc

2,148‌

1,024

(a),(b)

C3.ai,

Inc

26,132‌

4,506

(a)

Cadence

Design

Systems,

Inc

1,055,756‌

2,611

(a)

CCC

Intelligent

Solutions

Holdings,

Inc

34,857‌

664

(a)

Cerence,

Inc

13,526‌

2,239

(a)

Ceridian

HCM

Holding,

Inc

151,916‌

115

(a)

Cipher

Mining,

Inc

268‌

2,269

(a)

Cleanspark,

Inc

8,645‌

1,277

Clear

Secure,

Inc

24,314‌

4,773

(a)

Cloudflare,

Inc

300,890‌

8,568

Cognizant

Technology

Solutions

Corp

(Class

A)

580,396‌

679

(a)

Commvault

Systems,

Inc

45,907‌

3,055

(a)

Confluent,

Inc

90,459‌

265

(a)

Consensus

Cloud

Solutions,

Inc

6,673‌

164

(a),(b)

CoreCard

Corp

3,280‌

485

(a)

Couchbase,

Inc

8,323‌

3,559

(a)

Crowdstrike

Holdings,

Inc

595,705‌

430

(a)

CS

Disco,

Inc

2,855‌

4,505

(a)

Datadog,

Inc

410,360‌

348

(a),(b)

Digimarc

Corp

11,307‌

1,549

(a)

Digital

Turbine,

Inc

9,371‌

1,139

(a),(b)

DigitalOcean

Holdings,

Inc

27,370‌

3,281

(a)

DocuSign,

Inc

137,802‌

895

Dolby

Laboratories,

Inc

(Class

A)

70,938‌

549

(a)

Domo,

Inc

5,386‌

1,815

(a)

DoubleVerify

Holdings,

Inc

50,729‌

4,214

(a)

Dropbox,

Inc

114,747‌

3,442

(a)

DXC

Technology

Co

71,697‌

3,878

(a)

Dynatrace,

Inc

181,219‌

3,144

(a)

E2open

Parent

Holdings,

Inc

14,274‌

387

Ebix,

Inc

3,824‌

543

(a)

eGain

Corp

3,329‌

1,268

(a)

Elastic

NV

103,012‌

349

(a)

Enfusion,

Inc

3,131‌

760

(a)

EngageSmart,

Inc

13,672‌

884

(a)

Envestnet,

Inc

38,923‌

940

(a)

EPAM

Systems,

Inc

240,349‌

638

(a)

Everbridge,

Inc

14,304‌

472

(a)

EverCommerce,

Inc

4,734‌

71

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

808

(a)

Expensify,

Inc

$

2,626‌

410

(a)

Fair

Isaac

Corp

356,097‌

1,817

(a)

Fastly,

Inc

34,832‌

1,139

(a)

Five9,

Inc

73,238‌

10,750

(a)

Fortinet,

Inc

630,810‌

2,409

(a)

Freshworks,

Inc

47,987‌

1,279

(a)

Gartner,

Inc

439,477‌

9,648

Gen

Digital,

Inc

170,577‌

1,431

(a)

Gitlab,

Inc

64,710‌

671

(a)

Globant

S.A.

132,757‌

2,724

(a)

GoDaddy,

Inc

202,884‌

699

(a)

Grid

Dynamics

Holdings,

Inc

8,514‌

1,428

(a)

Guidewire

Software,

Inc

128,520‌

450

Hackett

Group,

Inc

10,616‌

1,459

(a)

HashiCorp,

Inc

33,309‌

770

(a)

HubSpot,

Inc

379,225‌

112

(a)

IBEX

Holdings

Ltd

1,730‌

477

(a)

Informatica,

Inc

10,050‌

412

Information

Services

Group,

Inc

1,805‌

227

(a)

Instructure

Holdings,

Inc

5,766‌

291

(a)

Intapp,

Inc

9,754‌

539

InterDigital,

Inc

43,249‌

15,130

International

Business

Machines

Corp

2,122,739‌

4,548

Intuit,

Inc

2,323,755‌

1,086

(a)

Jamf

Holding

Corp

19,179‌

1,692

(a)

Kaltura,

Inc

2,927‌

3,355

(a)

Kyndryl

Holdings,

Inc

50,661‌

1,208

(a)

LiveRamp

Holdings,

Inc

34,839‌

2,676

(a)

LiveVox

Holdings,

Inc

8,938‌

1,102

(a)

Manhattan

Associates,

Inc

217,821‌

2,740

(a),(b)

Marathon

Digital

Holdings,

Inc

23,290‌

5,907

(a)

Matterport,

Inc

12,818‌

365

(a)

MeridianLink,

Inc

6,227‌

123,864

Microsoft

Corp

39,110,058‌

178

(a)

MicroStrategy,

Inc

(Class

A)

58,434‌

781

(a)

Mitek

Systems,

Inc

8,372‌

704

(a)

Model

N,

Inc

17,185‌

1,116

(a)

MongoDB,

Inc

385,980‌

1,055

(a)

N-able,

Inc

13,610‌

1,156

(a)

nCino

OpCo,

Inc

36,761‌

2,313

(a)

NCR

Corp

62,382‌

885

(a)

New

Relic,

Inc

75,774‌

1,978

(a)

NextNav,

Inc

10,167‌

3,547

(a)

Nutanix,

Inc

123,719‌

2,511

(a)

Okta,

Inc

204,672‌

1,468

(a)

Olo,

Inc

8,896‌

710

ON24,

Inc

4,494‌

634

(a)

OneSpan,

Inc

6,816‌

25,353

Oracle

Corp

2,685,390‌

1,327

(a)

PagerDuty,

Inc

29,844‌

30,894

(a)

Palantir

Technologies,

Inc

494,304‌

4,989

(a)

Palo

Alto

Networks,

Inc

1,169,621‌

896

Paycom

Software,

Inc

232,306‌

779

(a)

Paycor

HCM,

Inc

17,785‌

665

(a)

Paylocity

Holding

Corp

120,831‌

748

Pegasystems,

Inc

32,471‌

509

(a)

Perficient,

Inc

29,451‌

682

(a)

PowerSchool

Holdings,

Inc

15,454‌

1,155

(a)

Procore

Technologies,

Inc

75,445‌

766

Progress

Software

Corp

40,276‌

671

(a)

PROS

Holdings,

Inc

23,230‌

1,836

(a)

PTC,

Inc

260,124‌

877

(a)

Q2

Holdings,

Inc

28,301‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

72

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

667

(a)

Qualys,

Inc

$

101,751‌

930

(a)

Rapid7,

Inc

42,575‌

1,545

(a)

Rimini

Street,

Inc

3,399‌

1,417

(a)

RingCentral,

Inc

41,986‌

2,728

(a)

Riot

Platforms,

Inc

25,452‌

1,740

Roper

Industries,

Inc

842,647‌

15,760

(a)

Salesforce,

Inc

3,195,813‌

433

Sapiens

International

Corp

NV

12,310‌

348

(a)

SEMrush

Holdings,

Inc

2,958‌

3,422

(a)

SentinelOne,

Inc

57,695‌

3,399

(a)

ServiceNow,

Inc

1,899,905‌

2,057

(a)

Smartsheet,

Inc

83,226‌

5,219

(a)

Snowflake,

Inc

797,307‌

668

(a)

SolarWinds

Corp

6,306‌

2,307

(a),(b)

SoundHound

AI,

Inc

4,637‌

307

(a)

SoundThinking,

Inc

5,495‌

2,581

(a)

Splunk,

Inc

377,471‌

1,168

(a)

Sprinklr,

Inc

16,165‌

904

(a)

Sprout

Social,

Inc

45,092‌

599

(a)

SPS

Commerce,

Inc

102,195‌

519

(a)

Squarespace,

Inc

15,035‌

2,522

(a)

Synopsys,

Inc

1,157,522‌

1,778

(a)

Tenable

Holdings,

Inc

79,654‌

1,844

(a)

Teradata

Corp

83,017‌

1,255

(a)

Thoughtworks

Holding,

Inc

5,120‌

7,172

(a)

Trade

Desk,

Inc

560,492‌

143

(a),(b)

Tucows,

Inc

2,919‌

2,852

(a)

Twilio,

Inc

166,928‌

718

(a)

Tyler

Technologies,

Inc

277,249‌

6,303

(a)

UiPath,

Inc

107,844‌

1,098

(a)

Unisys

Corp

3,788‌

4,707

(a)

Unity

Software,

Inc

147,753‌

1,710

(a)

Varonis

Systems,

Inc

52,223‌

1,154

(a)

Verint

Systems,

Inc

26,530‌

1,489

(a)

VeriSign,

Inc

301,567‌

945

(a)

Viant

Technology,

Inc

5,292‌

3,584

(a)

VMware,

Inc

(Class

A)

596,664‌

514

(a)

Weave

Communications,

Inc

4,189‌

3,317

(a)

Workday,

Inc

712,657‌

767

(a)

Workiva,

Inc

77,728‌

634

(a)

Xperi,

Inc

6,251‌

1,753

(a)

Yext,

Inc

11,096‌

1,875

(a)

Zeta

Global

Holdings

Corp

15,656‌

4,218

(a)

Zoom

Video

Communications,

Inc

295,007‌

1,411

(a)

Zscaler,

Inc

219,537‌

1,687

(a)

Zuora,

Inc

13,901‌

TOTAL

SOFTWARE

&

SERVICES

80,486,177‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

7

.9

%

380

(a)

908

Devices,

Inc

2,531‌

806

ADTRAN

Holdings,

Inc

6,633‌

617

Advanced

Energy

Industries,

Inc

63,625‌

1,957

(a),(b)

Aeva

Technologies,

Inc

1,497‌

1,341

(a),(b)

Akoustis

Technologies,

Inc

1,010‌

9,470

Amphenol

Corp

(Class

A)

795,385‌

248,353

Apple,

Inc

42,520,517‌

4,063

(a)

Arista

Networks,

Inc

747,308‌

1,538

(a)

Arlo

Technologies,

Inc

15,841‌

1,021

(a)

Arrow

Electronics,

Inc

127,870‌

170

(a)

Aviat

Networks,

Inc

5,304‌

612

(a)

Avid

Technology,

Inc

16,444‌

1,668

Avnet,

Inc

80,381‌

438

Badger

Meter,

Inc

63,015‌

73

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

126

Bel

Fuse,

Inc

(Class

B)

$

6,013‌

636

Belden

CDT,

Inc

61,406‌

773

Benchmark

Electronics,

Inc

18,753‌

909

(a)

Calix,

Inc

41,669‌

141

(a)

Cambium

Networks

Corp

1,034‌

2,317

CDW

Corp

467,478‌

2,665

(a)

Ciena

Corp

125,948‌

68,110

Cisco

Systems,

Inc

3,661,594‌

153

(a),(b)

Clearfield,

Inc

4,385‌

2,887

Cognex

Corp

122,524‌

2,063

(a)

Coherent

Corp

67,336‌

3,317

(a)

CommScope

Holding

Co,

Inc

11,145‌

356

Comtech

Telecommunications

Corp

3,115‌

12,431

Corning,

Inc

378,773‌

426

(a)

Corsair

Gaming,

Inc

6,190‌

485

CTS

Corp

20,244‌

610

(a)

Daktronics,

Inc

5,441‌

400

(a)

Digi

International,

Inc

10,800‌

284

(a)

DZS,

Inc

596‌

830

(a)

Eastman

Kodak

Co

3,494‌

404

(a)

ePlus,

Inc

25,662‌

1,500

(a)

Evolv

Technologies

Holdings,

Inc

7,290‌

1,698

(a)

Extreme

Networks,

Inc

41,109‌

926

(a)

F5

Networks,

Inc

149,216‌

653

(a)

Fabrinet

108,803‌

288

(a)

FARO

Technologies,

Inc

4,386‌

1,454

(a),(b)

Harmonic,

Inc

14,002‌

22,072

Hewlett

Packard

Enterprise

Co

383,391‌

14,519

HP,

Inc

373,138‌

2,966

(a)

Infinera

Corp

12,398‌

594

(a)

Insight

Enterprises,

Inc

86,427‌

2,518

(a),(b)

IonQ,

Inc

37,468‌

549

(a)

IPG

Photonics

Corp

55,745‌

693

(a)

Iteris,

Inc

2,869‌

678

(a)

Itron,

Inc

41,073‌

2,262

Jabil

Inc

287,025‌

5,587

Juniper

Networks,

Inc

155,263‌

3,013

(a)

Keysight

Technologies,

Inc

398,650‌

548

(a)

Kimball

Electronics,

Inc

15,004‌

1,352

(a)

Knowles

Corp

20,023‌

1,886

(a),(b)

Lightwave

Logic,

Inc

8,430‌

375

Littelfuse,

Inc

92,745‌

1,153

(a),(b)

Lumentum

Holdings,

Inc

52,093‌

472

(a)

Luna

Innovations,

Inc

2,766‌

569

Methode

Electronics,

Inc

13,002‌

2,725

(a),(b)

MicroVision,

Inc

5,968‌

2,874

(a)

Mirion

Technologies,

Inc

21,469‌

2,750

Motorola

Solutions,

Inc

748,660‌

342

Napco

Security

Technologies,

Inc

7,610‌

1,933

National

Instruments

Corp

115,245‌

3,663

NetApp,

Inc

277,948‌

505

(a)

Netgear,

Inc

6,358‌

1,389

(a)

Netscout

Systems,

Inc

38,920‌

829

(a)

nLight,

Inc

8,622‌

592

(a)

Novanta,

Inc

84,916‌

280

(a)

OSI

Systems,

Inc

33,051‌

404

(a),(b)

PAR

Technology

Corp

15,570‌

196

PC

Connection,

Inc

10,462‌

521

(a)

Plexus

Corp

48,443‌

4,619

(a)

Pure

Storage,

Inc

164,529‌

1,053

(a)

Ribbon

Communications,

Inc

2,822‌

262

(a)

Rogers

Corp

34,445‌

1,157

(a)

Sanmina

Corp

62,802‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

74

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

463

(a)

Scansource,

Inc

$

14,034‌

2,874

(a)

SmartRent,

Inc

7,501‌

764

(a)

Super

Micro

Computer,

Inc

209,504‌

765

SYNNEX

Corp

76,393‌

743

(a)

Teledyne

Technologies,

Inc

303,575‌

4,356

(a)

Trimble

Inc

234,614‌

1,439

(a)

TTM

Technologies,

Inc

18,534‌

301

(a)

Turtle

Beach

Corp

2,732‌

96

Ubiquiti,

Inc

13,949‌

1,095

(a)

Viasat,

Inc

20,214‌

4,189

(a)

Viavi

Solutions,

Inc

38,287‌

2,099

Vishay

Intertechnology,

Inc

51,887‌

301

(a)

Vishay

Precision

Group,

Inc

10,108‌

2,801

Vontier

Corp

86,607‌

5,297

(a)

Western

Digital

Corp

241,702‌

2,215

Xerox

Holdings

Corp

34,753‌

882

(a)

Zebra

Technologies

Corp

(Class

A)

208,619‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

55,114,130‌

TELECOMMUNICATION

SERVICES

-

0

.8

%

422

(a)

Anterix,

Inc

13,242‌

895

(a),(b)

AST

SpaceMobile,

Inc

3,401‌

118,369

AT&T,

Inc

1,777,902‌

251

ATN

International,

Inc

7,922‌

378

(a)

Bandwidth,

Inc

4,260‌

4,266

(a)

Charge

Enterprises,

Inc

2,121‌

772

Cogent

Communications

Group,

Inc

47,787‌

1,064

(a)

Consolidated

Communications

Holdings,

Inc

3,639‌

740

(a)

EchoStar

Corp

(Class

A)

12,395‌

3,950

(a)

Frontier

Communications

Parent,

Inc

61,818‌

1,815

(a),(d)

GCI

Liberty,

Inc

18‌

10,525

(a),(b)

Globalstar,

Inc

13,788‌

987

(a)

Gogo,

Inc

11,775‌

350

(a)

IDT

Corp

7,718‌

2,020

Iridium

Communications,

Inc

91,890‌

681

(a)

Liberty

Latin

America

Ltd

(Class

A)

5,557‌

2,483

(a)

Liberty

Latin

America

Ltd

(Class

C)

20,261‌

17,584

Lumen

Technologies,

Inc

24,969‌

365

(a)

Ooma,

Inc

4,749‌

869

Shenandoah

Telecom

Co

17,910‌

319

Spok

Holdings,

Inc

4,552‌

1,775

Telephone

and

Data

Systems,

Inc

32,500‌

8,986

(a)

T-Mobile

US,

Inc

1,258,489‌

70,300

Verizon

Communications,

Inc

2,278,423‌

TOTAL

TELECOMMUNICATION

SERVICES

5,707,086‌

TRANSPORTATION

-

1

.8

%

1,148

(a)

Air

Transport

Services

Group,

Inc

23,959‌

1,656

(a)

Alaska

Air

Group,

Inc

61,404‌

268

Allegiant

Travel

Co

20,598‌

141

(a),(b)

Amerco,

Inc

7,694‌

9,378

(a)

American

Airlines

Group,

Inc

120,132‌

424

ArcBest

Corp

43,100‌

350

(a)

Avis

Budget

Group,

Inc

62,892‌

969

(a),(b)

Blade

Air

Mobility,

Inc

2,510‌

1,985

CH

Robinson

Worldwide,

Inc

170,968‌

767

Costamare,

Inc

7,379‌

185

Covenant

Logistics

Group,

Inc

8,112‌

33,502

CSX

Corp

1,030,187‌

828

(a)

Daseke,

Inc

4,248‌

10,897

Delta

Air

Lines,

Inc

403,189‌

220

Eagle

Bulk

Shipping,

Inc

9,247‌

556

Eneti,

Inc

5,604‌

75

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

TRANSPORTATION—continued

2,577

Expeditors

International

Washington,

Inc

$

295,402‌

3,845

FedEx

Corp

1,018,617‌

480

Forward

Air

Corp

32,995‌

438

(a),(b)

Frontier

Group

Holdings,

Inc

2,120‌

2,042

FTAI

Infrastructure,

Inc

6,575‌

497

Genco

Shipping

&

Trading

Ltd

6,953‌

1,990

Golden

Ocean

Group

Ltd

15,681‌

1,764

(a)

GXO

Logistics,

Inc

103,459‌

905

(a)

Hawaiian

Holdings,

Inc

5,729‌

728

Heartland

Express,

Inc

10,694‌

2,161

(a)

Hertz

Global

Holdings,

Inc

26,472‌

505

(a)

Hub

Group,

Inc

(Class

A)

39,663‌

1,447

JB

Hunt

Transport

Services,

Inc

272,788‌

5,315

(a)

JetBlue

Airways

Corp

24,449‌

4,016

(a)

Joby

Aviation,

Inc

25,903‌

1,157

(a)

Kirby

Corp

95,800‌

2,433

Knight-Swift

Transportation

Holdings,

Inc

122,015‌

666

Landstar

System,

Inc

117,842‌

5,019

(a)

Lyft,

Inc

(Class

A)

52,900‌

796

Marten

Transport

Ltd

15,689‌

668

Matson,

Inc

59,265‌

3,742

Norfolk

Southern

Corp

736,912‌

1,667

Old

Dominion

Freight

Line

682,036‌

136

(a)

PAM

Transportation

Services,

Inc

2,931‌

580

(a)

Radiant

Logistics,

Inc

3,277‌

1,622

(a)

RXO,

Inc

32,002‌

775

Ryder

System,

Inc

82,886‌

1,291

(b)

Safe

Bulkers,

Inc

4,183‌

468

(a)

Saia,

Inc

186,568‌

932

Schneider

National,

Inc

25,807‌

802

(a)

Skywest,

Inc

33,636‌

10,244

Southwest

Airlines

Co

277,305‌

1,623

Spirit

Airlines,

Inc

26,780‌

383

(a)

Sun

Country

Airlines

Holdings,

Inc

5,684‌

2,215

(a)

TuSimple

Holdings,

Inc

3,455‌

32,121

(a)

Uber

Technologies,

Inc

1,477,245‌

1,269

U-Haul

Holding

Co

66,483‌

10,145

Union

Pacific

Corp

2,065,826‌

5,488

(a)

United

Airlines

Holdings,

Inc

232,142‌

11,907

United

Parcel

Service,

Inc

(Class

B)

1,855,944‌

122

Universal

Truckload

Services,

Inc

3,072‌

1,147

Werner

Enterprises,

Inc

44,676‌

1,710

(a)

XPO,

Inc

127,669‌

TOTAL

TRANSPORTATION

12,308,753‌

UTILITIES

-

2

.3

%

11,476

AES

Corp

174,435‌

1,097

Allete,

Inc

57,922‌

4,194

Alliant

Energy

Corp

203,199‌

1,833

(a),(b)

Altus

Power,

Inc

9,623‌

4,249

Ameren

Corp

317,953‌

8,719

American

Electric

Power

Co,

Inc

655,843‌

745

American

States

Water

Co

58,617‌

3,189

American

Water

Works

Co,

Inc

394,894‌

111

Artesian

Resources

Corp

4,661‌

2,236

Atmos

Energy

Corp

236,859‌

1,522

Avangrid,

Inc

45,919‌

1,326

Avista

Corp

42,923‌

1,043

Black

Hills

Corp

52,765‌

1,362

Brookfield

Infrastructure

Corp

48,133‌

2,251

Brookfield

Renewable

Corp

53,889‌

829

(a)

Cadiz,

Inc

2,744‌

934

California

Water

Service

Group

44,187‌

TIAA-CREF

Life

Stock

Index

Fund

September

30,

2023

76

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

10,119

Centerpoint

Energy,

Inc

$

271,695‌

358

Chesapeake

Utilities

Corp

34,994‌

545

Clearway

Energy,

Inc

(Class

A)

10,856‌

1,281

Clearway

Energy,

Inc

(Class

C)

27,106‌

4,975

CMS

Energy

Corp

264,222‌

5,807

Consolidated

Edison,

Inc

496,673‌

268

(b)

Consolidated

Water

Co,

Inc

7,622‌

5,398

Constellation

Energy

Corp

588,814‌

14,257

Dominion

Energy,

Inc

636,860‌

3,346

DTE

Energy

Co

332,191‌

12,746

Duke

Energy

Corp

1,124,962‌

6,251

Edison

International

395,626‌

3,424

Entergy

Corp

316,720‌

3,872

Essential

Utilities,

Inc

132,926‌

3,619

Evergy,

Inc

183,483‌

5,967

Eversource

Energy

346,981‌

16,521

Exelon

Corp

624,329‌

8,802

FirstEnergy

Corp

300,852‌

572

Genie

Energy

Ltd

8,426‌

765

Global

Water

Resources,

Inc

7,459‌

772

Idacorp,

Inc

72,298‌

685

MGE

Energy,

Inc

46,929‌

240

Middlesex

Water

Co

15,900‌

1,443

(a)

Montauk

Renewables,

Inc

13,146‌

1,427

National

Fuel

Gas

Co

74,076‌

1,561

New

Jersey

Resources

Corp

63,423‌

33,276

NextEra

Energy,

Inc

1,906,382‌

6,737

NiSource,

Inc

166,269‌

666

Northwest

Natural

Holding

Co

25,415‌

812

NorthWestern

Corp

39,025‌

3,514

NRG

Energy,

Inc

135,359‌

3,276

OGE

Energy

Corp

109,189‌

919

ONE

Gas,

Inc

62,749‌

846

Ormat

Technologies,

Inc

59,152‌

743

Otter

Tail

Corp

56,409‌

32,774

(a),(e)

PG&E

Corp

528,645‌

1,897

Pinnacle

West

Capital

Corp

139,771‌

1,358

PNM

Resources,

Inc

60,580‌

1,712

Portland

General

Electric

Co

69,302‌

12,260

PPL

Corp

288,846‌

8,110

Public

Service

Enterprise

Group,

Inc

461,540‌

250

(a)

Pure

Cycle

Corp

2,400‌

191

RGC

Resources,

Inc

3,304‌

10,590

Sempra

Energy

720,438‌

505

SJW

Corp

30,355‌

18,219

Southern

Co

1,179,134‌

1,078

Southwest

Gas

Holdings

Inc

65,122‌

880

Spire,

Inc

49,790‌

1,678

(a),(b)

Sunnova

Energy

International,

Inc

17,569‌

3,513

UGI

Corp

80,799‌

537

Unitil

Corp

22,935‌

6,576

Vistra

Corp

218,192‌

5,438

WEC

Energy

Group,

Inc

438,031‌

9,168

Xcel

Energy,

Inc

524,593‌

203

York

Water

Co

7,610‌

TOTAL

UTILITIES

16,272,040‌

TOTAL

COMMON

STOCKS

696,237,439‌

(Cost

$242,208,851)

77

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

EXPIRATION

DATE

VALUE

RIGHTS/WARRANTS

-

0.0%

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.0

%

854

(d)

Chinook

Therapeutics,

Inc

$

8‌

145

(d)

Tobira

Therapeutics,

Inc

9‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

17‌

TOTAL

RIGHTS/WARRANTS

17‌

(Cost

$9)

TOTAL

LONG-TERM

INVESTMENTS

696,237,456‌

(Cost

$242,208,860)

PRINCIPAL

DESCRIPTION

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SHORT-TERM

INVESTMENTS

-

0.5%

REPURCHASE

AGREEMENT

-

0

.5

%

$

3,408,000

(f)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

3,408,000‌

TOTAL

REPURCHASE

AGREEMENT

3,408,000‌

TOTAL

SHORT-TERM

INVESTMENTS

3,408,000‌

(Cost

$3,408,000)

SHARES

EXP

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

0.2%

1,382,018

(g)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

5

.360

1,382,018‌

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

1,382,018‌

(Cost

$1,382,018)

TOTAL

INVESTMENTS

-

100.4%

701,027,474‌

(Cost

$246,998,878)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.4)%

(

2,686,835‌

)

NET

ASSETS

-

100.0%

$

698,340,639‌

REIT

Real

Estate

Investment

Trust

(a)

Non-income

producing

(b)

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$2,066,306.

(c)

All

or

a

portion

of

these

securities

have

been

segregated

to

cover

margin

requirements

on

open

futures

contracts.

(d)

For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

3.

(e)

In

bankruptcy

(f)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$3,408,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$3,476,173.

(g)

Investments

made

with

cash

collateral

received

from

securities

on

loan.

Futures

Contracts

-

Long

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

S&P

500

E

Mini

Index

15‌

12/15/23

$

3,345,973‌

$

3,244,125‌

$

(

101,848‌

)

TIAA-CREF

Life

International

Equity

Fund

September

30,

2023

Portfolio

of

Investments

78

(Unaudited)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

LONG-TERM

INVESTMENTS

-

97.2%

COMMON

STOCKS

-

97.2%

AUSTRALIA

-

6

.1

%

88,423

BHP

Billiton

Ltd

$

2,483,873‌

32,376

Commonwealth

Bank

of

Australia

2,068,051‌

438,705

Glencore

plc

2,498,209‌

39,413

Woodside

Energy

Group

Ltd

916,395‌

TOTAL

AUSTRALIA

7,966,528‌

BRAZIL

-

1

.5

%

256,751

Banco

Bradesco

S.A.

(Preference)

730,429‌

225,600

Itau

Unibanco

Holding

S.A.

1,221,231‌

TOTAL

BRAZIL

1,951,660‌

CHINA

-

0

.6

%

9,113

(a)

Alibaba

Group

Holding

Ltd

(ADR)

790,462‌

TOTAL

CHINA

790,462‌

DENMARK

-

5

.7

%

11,268

DSV

AS

2,099,687‌

58,360

Novo

Nordisk

A.S.

5,313,747‌

TOTAL

DENMARK

7,413,434‌

FINLAND

-

1

.3

%

150,632

Nordea

Bank

Abp

1,653,697‌

TOTAL

FINLAND

1,653,697‌

FRANCE

-

12

.8

%

24,319

Airbus

SE

3,255,061‌

14,845

BNP

Paribas

S.A.

943,938‌

38,530

Compagnie

de

Saint-Gobain

2,306,035‌

12,629

Essilor

International

S.A.

2,196,759‌

3,684

Kering

1,673,873‌

2,285

LVMH

Moet

Hennessy

Louis

Vuitton

S.A.

1,724,788‌

41,802

Total

S.A.

2,748,453‌

15,192

Vinci

S.A.

1,680,706‌

TOTAL

FRANCE

16,529,613‌

GERMANY

-

7

.4

%

49,712

Bayer

AG.

2,387,388‌

29,081

Deutsche

Post

AG.

1,179,977‌

3,335

Dr

ING

hc

F

Porsche

AG.

312,913‌

18,713

HeidelbergCement

AG.

1,449,329‌

38,098

RWE

AG.

1,414,190‌

20,112

Siemens

AG.

2,874,178‌

TOTAL

GERMANY

9,617,975‌

HONG

KONG

-

0

.5

%

16,199

Hong

Kong

Exchanges

and

Clearing

Ltd

601,190‌

TOTAL

HONG

KONG

601,190‌

INDIA

-

0

.4

%

9,884

HDFC

Bank

Ltd

(ADR)

583,255‌

TOTAL

INDIA

583,255‌

INDONESIA

-

0

.5

%

1,755,400

Bank

Rakyat

Indonesia

592,856‌

TOTAL

INDONESIA

592,856‌

79

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

IRELAND

-

2

.1

%

48,595

(a),(b)

CRH

plc

$

2,659,604‌

TOTAL

IRELAND

2,659,604‌

ITALY

-

2

.0

%

151,595

Enel

S.p.A.

929,693‌

29,799

Moncler

S.p.A

1,727,000‌

TOTAL

ITALY

2,656,693‌

JAPAN

-

21

.4

%

102,800

Daiichi

Sankyo

Co

Ltd

2,814,386‌

8,884

Daikin

Industries

Ltd

1,392,759‌

52,851

(a)

Hitachi

Ltd

3,275,574‌

363,100

Mitsubishi

UFJ

Financial

Group,

Inc

3,076,966‌

42,740

Nintendo

Co

Ltd

1,775,973‌

66,300

ORIX

Corp

1,237,980‌

52,700

Recruit

Holdings

Co

Ltd

1,612,357‌

49,900

SBI

Holdings,

Inc

1,050,186‌

27,900

Shiseido

Co

Ltd

977,731‌

40,492

Sony

Corp

3,311,256‌

69,500

Sumitomo

Mitsui

Financial

Group,

Inc

3,414,259‌

208,315

(a)

Toyota

Motor

Corp

3,737,239‌

TOTAL

JAPAN

27,676,666‌

KOREA,

REPUBLIC

OF

-

1

.5

%

37,383

Samsung

Electronics

Co

Ltd

1,889,864‌

TOTAL

KOREA,

REPUBLIC

OF

1,889,864‌

MEXICO

-

0

.6

%

6,749

Fomento

Economico

Mexicano

SAB

de

C.V.

(ADR)

736,653‌

TOTAL

MEXICO

736,653‌

NETHERLANDS

-

10

.1

%

4,209

ASML

Holding

NV

2,478,049‌

22,140

Heineken

NV

1,951,895‌

158,997

ING

Groep

NV

2,095,591‌

443,844

Koninklijke

KPN

NV

1,462,317‌

162,540

Shell

plc

5,151,578‌

TOTAL

NETHERLANDS

13,139,430‌

NORWAY

-

1

.6

%

63,531

Equinor

ASA

2,082,040‌

TOTAL

NORWAY

2,082,040‌

SPAIN

-

1

.8

%

282,350

Banco

Bilbao

Vizcaya

Argentaria

S.A.

2,285,038‌

TOTAL

SPAIN

2,285,038‌

SWITZERLAND

-

4

.9

%

2,732

Lonza

Group

AG.

1,263,678‌

33,006

Novartis

AG.

3,370,858‌

3,868

Zurich

Insurance

Group

AG

1,769,824‌

TOTAL

SWITZERLAND

6,404,360‌

TAIWAN

-

1

.1

%

16,872

Taiwan

Semiconductor

Manufacturing

Co

Ltd

(ADR)

1,466,177‌

TOTAL

TAIWAN

1,466,177‌

UNITED

KINGDOM

-

8

.5

%

31,698

Ashtead

Group

plc

1,922,249‌

36,013

AstraZeneca

plc

4,857,592‌

170,300

BP

plc

1,097,743‌

18,946

Diageo

plc

698,503‌

18,211

Reckitt

Benckiser

Group

plc

1,284,253‌

TIAA-CREF

Life

International

Equity

Fund

September

30,

2023

80

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

UNITED

KINGDOM—continued

22,596

Unilever

plc

$

1,117,752‌

TOTAL

UNITED

KINGDOM

10,978,092‌

UNITED

STATES

-

4

.8

%

477,913

Haleon

plc

1,980,990‌

8,234

Linde

plc

3,063,516‌

10,959

Nestle

S.A.

1,240,515‌

TOTAL

UNITED

STATES

6,285,021‌

TOTAL

COMMON

STOCKS

125,960,308‌

(Cost

$109,535,795)

TOTAL

LONG-TERM

INVESTMENTS

125,960,308‌

(Cost

$109,535,795)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

2.5%

REPURCHASE

AGREEMENT

-

2

.5

%

$

3,223,000

(c)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

3,223,000‌

TOTAL

REPURCHASE

AGREEMENT

3,223,000‌

TOTAL

SHORT-TERM

INVESTMENTS

3,223,000‌

(Cost

$3,223,000)

TOTAL

INVESTMENTS

-

99.7%

129,183,308‌

(Cost

$112,758,795)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.3%

376,729‌

NET

ASSETS

-

100.0%

$

129,560,037‌

ADR

American

Depositary

Receipt

(a)

Non-income

producing

(b)

When-issued

or

delayed

delivery

security.

(c)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$3,223,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$3,287,542.

Portfolio

of

Investments

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

81

(Unaudited)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

LONG-TERM

INVESTMENTS

-

97.4%

BANK

LOAN

OBLIGATIONS

-

4.2%

CAPITAL

GOODS

-

0

.3

%

$

500,000

(a)

Emerson

Climate

Technologies,

Inc

SOFR

12

M

+

3.000%

8

.331

%

05/31/30

$

500,002‌

95,538

(a)

TransDigm,

Inc

SOFR

4

M

+

3.250%

8

.492

02/22/27

95,773‌

TOTAL

CAPITAL

GOODS

595,775‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.2

%

36,720

(a)

EAB

Global,

Inc

LIBOR

4

M

+

3.500%

9

.131

08/16/28

36,513‌

21,185

(a)

GFL

Environmental,

Inc

LIBOR

3

M

+

3.000%

3

.000

05/31/25

21,221‌

38,308

(a)

Sedgwick

Claims

Management

Services,

Inc

SOFR

12

M

+

3.750%

9

.081

02/24/28

38,281‌

73,313

(a)

Spin

Holdco,

Inc

LIBOR

3

M

+

4.000%

9

.664

03/04/28

63,650‌

86,832

(a)

Trans

Union

LLC

SOFR

12

M

+

1.750%

7

.181

11/16/26

86,868‌

46,564

(a)

Trans

Union

LLC

SOFR

12

M

+

2.250%

7

.696

12/01/28

46,599‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

293,132‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

0

.0

%

18,856

(a)

PetSmart

LLC

SOFR

12

M

+

3.750%

9

.181

02/11/28

18,827‌

43,010

(a)

Woof

Holdings,

Inc

SOFR

1

Month

+

3.750%

9

.397

12/21/27

34,344‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

53,171‌

CONSUMER

SERVICES

-

0

.3

%

74,613

1011778

BC

ULC

7

.566

09/13/30

74,419‌

99,500

(a)

Caesars

Entertainment,

Inc

SOFR

12

M

+

3.250%

8

.681

02/06/30

99,656‌

70,404

(a)

Dun

&

Bradstreet

Corp

SOFR

1

Month

+

2.750%

8

.167

02/08/26

70,382‌

38,209

(a)

Fertitta

Entertainment

LLC

SOFR

12

M

+

4.000%

9

.331

01/27/29

37,889‌

97,755

(a)

IRB

Holding

Corp

SOFR

12

M

+

3.000%

8

.431

12/15/27

97,515‌

58,198

(a)

Motion

Finco

LLC

LIBOR

1

M

+

3.250%

0

.000

11/04/26

58,140‌

68,600

(a)

Stars

Group

Holdings

BV

SOFR

4

M

+

2.250%

7

.754

07/21/26

68,642‌

TOTAL

CONSUMER

SERVICES

506,643‌

ENERGY

-

0

.1

%

72,391

(a)

Buckeye

Partners

LP

SOFR

12

M

+

2.250%

7

.666

11/01/26

72,424‌

19,846

(a)

Oryx

Midstream

Services

Permian

Basin

LLC

SOFR

12

M

+

3.250%

8

.692

10/05/28

19,864‌

TOTAL

ENERGY

92,288‌

FINANCIAL

SERVICES

-

0

.2

%

33,111

(a)

Lions

Gate

Capital

Holdings

LLC

SOFR

12

M

+

2.250%

7

.681

03/24/25

33,111‌

408,229

(a)

Motion

Finco

LLC

SOFR

4

M

+

3.250%

8

.903

11/12/26

407,821‌

TOTAL

FINANCIAL

SERVICES

440,932‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.2

%

145,125

(a)

Froneri

US,

Inc

SOFR

12

M

+

2.250%

7

.681

01/29/27

144,325‌

97,750

(a)

Hayward

Industries,

Inc

SOFR

12

M

+

2.750%

8

.196

05/30/28

97,261‌

103,497

(a)

Hostess

Brands

LLC

LIBOR

1

M

+

2.250%

7

.523

08/03/25

103,853‌

115,378

(a)

Triton

Water

Holdings,

Inc

SOFR

4

M

+

3.250%

8

.754

03/31/28

112,686‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

458,125‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0

.7

%

525,676

(a)

Bausch

&

Lomb

Corp

SOFR

1

Month

+

3.250%

8

.755

05/05/27

511,951‌

97,250

(a)

Global

Medical

Response,

Inc

SOFR

4

M

+

4.250%

9

.780

10/02/25

68,318‌

38,209

(a)

ICU

Medical,

Inc

SOFR

4

M

+

2.500%

7

.892

01/08/29

38,233‌

8,464

(a)

NMN

Holdings

III

Corp

SOFR

12

M

+

3.750%

9

.196

11/13/25

8,095‌

39,439

(a)

NMN

Holdings

III

Corp

SOFR

12

M

+

3.750%

9

.196

11/13/25

37,724‌

625,000

(a)

Surgery

Center

Holdings,

Inc

SOFR

1

Month

+

3.750%

9

.189

08/31/26

626,387‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

1,290,708‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

82

Portfolio

of

Investments

(continued)

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.3

%

$

28,642

(a)

Energizer

Holdings,

Inc

SOFR

1

Month

+

2.250%

7

.688

%

12/22/27

$

28,620‌

498,339

(a)

Kronos

Acquisition

Holdings,

Inc

SOFR

4

M

+

3.750%

9

.254

12/22/26

496,814‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

525,434‌

INSURANCE

-

0

.1

%

95,053

(a)

Acrisure

LLC

LIBOR

12

M

+

3.500%

8

.946

02/15/27

93,915‌

96,500

(a)

NFP

Corp

SOFR

12

M

+

3.250%

8

.696

02/15/27

95,458‌

38,211

(a)

USI,

Inc

SOFR

4

M

+

3.750%

8

.992

11/22/29

38,229‌

TOTAL

INSURANCE

227,602‌

MATERIALS

-

0

.1

%

48,134

(a)

Clydesdale

Acquisition

Holdings,

Inc

SOFR

12

M

+

4.175%

9

.606

04/13/29

47,549‌

97,750

(a)

Eco

Services

Operations

Corp

SOFR

4

M

+

2.500%

7

.969

06/09/28

97,579‌

15,056

(a)

Messer

Industries

USA,

Inc

SOFR

4

M

+

2.500%

8

.004

03/02/26

15,063‌

14,886

(a)

TricorBraun

Holdings,

Inc

SOFR

12

M

+

3.250%

8

.696

03/03/28

14,631‌

TOTAL

MATERIALS

174,822‌

MEDIA

&

ENTERTAINMENT

-

0

.4

%

74,573

(a)

Centuri

Group,

Inc

PRIME

4

+

1.500%

2

.500

08/27/28

74,416‌

62,581

(a)

CNT

Holdings

I

Corp

SOFR

4

M

+

3.500%

8

.800

11/08/27

62,453‌

57,400

(a)

DIRECTV

Financing

LLC

SOFR

12

M

+

5.000%

10

.446

08/02/27

56,228‌

97,750

(a)

INEOS

US

Petrochem

LLC

SOFR

12

M

+

2.750%

8

.196

01/29/26

97,555‌

38,209

(a)

Mozart

Borrower

LP

SOFR

12

M

+

3.250%

8

.696

10/23/28

38,150‌

31,761

(a)

Nascar

Holdings

LLC

SOFR

12

M

+

2.500%

7

.946

10/19/26

31,852‌

87,583

(a)

Phoenix

Newco,

Inc

SOFR

12

M

+

3.250%

8

.696

11/15/28

87,075‌

97,750

(a)

Rackspace

Technology

Global,

Inc

SOFR

1

M

+

2.750%

8

.194

02/09/28

45,011‌

140,030

(a)

Ryan

Specialty

Group

LLC

SOFR

12

M

+

3.000%

8

.431

09/01/27

140,318‌

50,000

(a)

Virgin

Media

Bristol

LLC

SOFR

1

M

+

2.500%

7

.947

01/31/28

48,703‌

TOTAL

MEDIA

&

ENTERTAINMENT

681,761‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.3

%

74,380

(a)

Elanco

Animal

Health

Inc

SOFR

1

Month

+

1.750%

6

.653

08/01/27

73,053‌

500,000

(a)

Organon

&

Co

SOFR

3

M

+

3.000%

8

.442

06/02/28

499,875‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

572,928‌

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0

.0

%

55,764

(a)

Cushman

&

Wakefield

US

Borrower

LLC

SOFR

12

M

+

2.750%

8

.196

08/21/25

54,997‌

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

54,997‌

SOFTWARE

&

SERVICES

-

0

.1

%

34,693

(a)

Boxer

Parent

Co,

Inc

SOFR

12

M

+

3.750%

9

.196

10/02/25

34,697‌

20,619

(a)

Camelot

Finance

S.A.

SOFR

12

M

+

3.000%

8

.446

10/30/26

20,632‌

38,205

(a)

Epicor

Software

Corp

SOFR

12

M

+

3.250%

8

.696

07/30/27

38,201‌

38,209

(a)

Instructure

Holdings,

Inc

SOFR

2M

+

2.750%

8

.679

10/30/28

38,185‌

72,166

(a)

Rocket

Software,

Inc

SOFR

12

M

+

4.250%

9

.696

11/28/25

72,234‌

74,621

(a)

UKG,

Inc

SOFR

4

M

+

3.250%

8

.618

05/04/26

74,494‌

TOTAL

SOFTWARE

&

SERVICES

278,443‌

TRANSPORTATION

-

0

.4

%

29,625

(a)

Air

Canada

SOFR

4

M

+

3.500%

9

.128

08/11/28

29,687‌

621,752

(a)

Kestrel

Bidco,

Inc

SOFR

3

Month

+

3.000%

8

.420

12/11/26

610,095‌

18,750

(a)

Mileage

Plus

Holdings

LLC

LIBOR

3

M

+

5.250%

10

.798

06/20/27

19,508‌

106,250

(a)

SkyMiles

IP

Ltd

SOFR

4

M

+

3.750%

9

.076

10/20/27

110,135‌

TOTAL

TRANSPORTATION

769,425‌

UTILITIES

-

0

.5

%

36,807

(a),(b)

BroadStreet

Partners,

Inc

SOFR

12

M

+

3.000%

8

.446

01/27/27

36,688‌

11,909

(a)

BroadStreet

Partners,

Inc

SOFR

1

Month

+

3.250%

8

.681

01/27/27

11,874‌

498,750

(a)

BroadStreet

Partners,

Inc

SOFR

1

Month

+

4.000%

9

.316

01/26/29

499,426‌

165,366

(a),(b)

Talen

Energy

Supply

LLC

SOFR

4

M

+

4.500%

9

.877

05/17/30

166,330‌

83

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

133,944

(a),(b)

Talen

Energy

Supply

LLC

SOFR

4

M

+

4.500%

9

.877

%

05/17/30

$

134,726‌

TOTAL

UTILITIES

849,044‌

TOTAL

BANK

LOAN

OBLIGATIONS

7,865,230‌

(Cost

$7,923,520)

CORPORATE

BONDS

-

39

.1

%

AUTOMOBILES

&

COMPONENTS

-

1

.1

%

70,000

(c),(d)

Clarios

Global

LP

6

.750

05/15/28

68,338‌

5,000

Dana,

Inc

5

.375

11/15/27

4,626‌

25,000

Dana,

Inc

4

.250

09/01/30

20,065‌

110,000

(c)

Ford

Motor

Co

6

.100

08/19/32

103,610‌

200,000

Ford

Motor

Credit

Co

LLC

6

.950

03/06/26

199,670‌

200,000

Ford

Motor

Credit

Co

LLC

7

.350

03/06/30

202,536‌

100,000

(c),(d)

Gates

Global

LLC

6

.250

01/15/26

97,449‌

100,000

General

Motors

Co

6

.125

10/01/25

99,913‌

50,000

General

Motors

Co

5

.400

10/15/29

47,657‌

125,000

General

Motors

Co

5

.200

04/01/45

97,190‌

350,000

General

Motors

Financial

Co,

Inc

2

.750

06/20/25

329,487‌

50,000

General

Motors

Financial

Co,

Inc

6

.050

10/10/25

49,779‌

275,000

General

Motors

Financial

Co,

Inc

5

.000

04/09/27

263,966‌

75,000

General

Motors

Financial

Co,

Inc

5

.850

04/06/30

71,840‌

100,000

Goodyear

Tire

&

Rubber

Co

5

.250

04/30/31

84,254‌

200,000

(d)

Hyundai

Capital

Services,

Inc

2

.125

04/24/25

188,167‌

150,000

(d)

ZF

North

America

Capital,

Inc

6

.875

04/14/28

146,771‌

TOTAL

AUTOMOBILES

&

COMPONENTS

2,075,318‌

BANKS

-

9

.2

%

200,000

(d)

Banco

de

Credito

e

Inversiones

S.A.

2

.875

10/14/31

159,932‌

200,000

Banco

Santander

S.A.

5

.294

08/18/27

193,375‌

200,000

Banco

Santander

S.A.

6

.921

08/08/33

191,097‌

200,000

Banco

Santander

S.A.

4

.750

N/A(e)

148,371‌

200,000

(d)

Bank

Hapoalim

BM

3

.255

01/21/32

170,500‌

200,000

(d)

Bank

Leumi

Le-Israel

BM

3

.275

01/29/31

178,344‌

950,000

Bank

of

America

Corp

0

.810

10/24/24

946,353‌

500,000

Bank

of

America

Corp

5

.202

04/25/29

481,652‌

1,000,000

Bank

of

America

Corp

2

.592

04/29/31

803,591‌

500,000

Bank

of

America

Corp

5

.288

04/25/34

465,255‌

350,000

Bank

of

America

Corp

5

.872

09/15/34

340,613‌

200,000

Bank

of

America

Corp

3

.846

03/08/37

162,671‌

350,000

Bank

of

America

Corp

2

.676

06/19/41

224,132‌

400,000

Bank

of

America

Corp

6

.100

N/A(e)

391,694‌

55,000

Bank

of

Montreal

3

.803

12/15/32

48,042‌

100,000

Barclays

plc

2

.279

11/24/27

88,107‌

300,000

Barclays

plc

3

.330

11/24/42

191,375‌

200,000

Barclays

plc

6

.125

N/A(e)

181,090‌

150,000

(d)

BNP

Paribas

S.A.

2

.819

11/19/25

144,065‌

300,000

(d)

BNP

Paribas

S.A.

1

.904

09/30/28

253,834‌

200,000

(d)

BNP

Paribas

S.A.

7

.750

N/A(e)

189,853‌

200,000

(d)

BNP

Paribas

S.A.

7

.375

N/A(e)

195,597‌

500,000

Citigroup,

Inc

3

.200

10/21/26

461,614‌

175,000

Citigroup,

Inc

4

.300

11/20/26

165,920‌

80,000

Citigroup,

Inc

4

.125

07/25/28

72,785‌

140,000

Citigroup,

Inc

2

.572

06/03/31

111,637‌

300,000

Citigroup,

Inc

4

.910

05/24/33

272,972‌

1,475,000

Citigroup,

Inc

6

.270

11/17/33

1,470,639‌

175,000

Citigroup,

Inc

7

.625

N/A(e)

170,730‌

100,000

Citigroup,

Inc

4

.000

N/A(e)

87,475‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

84

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

325,000

(d)

Cooperatieve

Rabobank

UA

1

.339

%

06/24/26

$

299,054‌

150,000

(d)

Credit

Agricole

S.A.

3

.250

10/04/24

145,979‌

200,000

(d)

Credit

Agricole

S.A.

8

.125

N/A(e)

198,548‌

200,000

(d)

Development

Bank

of

Kazakhstan

JSC

5

.750

05/12/25

199,380‌

150,000

Discover

Bank

2

.450

09/12/24

144,168‌

150,000

Discover

Bank

3

.450

07/27/26

136,415‌

250,000

Discover

Bank

2

.700

02/06/30

194,417‌

385,000

HSBC

Holdings

plc

4

.292

09/12/26

369,900‌

500,000

HSBC

Holdings

plc

2

.251

11/22/27

441,361‌

50,000

HSBC

Holdings

plc

2

.013

09/22/28

42,439‌

475,000

HSBC

Holdings

plc

7

.390

11/03/28

491,408‌

200,000

(c)

HSBC

Holdings

plc

8

.000

N/A(e)

196,955‌

550,000

HSBC

Holdings

plc

6

.000

N/A(e)

489,006‌

200,000

ING

Groep

NV

6

.500

N/A(e)

188,502‌

200,000

JPMorgan

Chase

&

Co

2

.301

10/15/25

191,830‌

250,000

JPMorgan

Chase

&

Co

3

.200

06/15/26

235,046‌

125,000

JPMorgan

Chase

&

Co

4

.323

04/26/28

118,600‌

275,000

JPMorgan

Chase

&

Co

3

.702

05/06/30

245,267‌

225,000

JPMorgan

Chase

&

Co

1

.953

02/04/32

170,634‌

125,000

JPMorgan

Chase

&

Co

4

.912

07/25/33

115,006‌

650,000

JPMorgan

Chase

&

Co

5

.350

06/01/34

616,380‌

50,000

JPMorgan

Chase

&

Co

2

.525

11/19/41

31,406‌

250,000

JPMorgan

Chase

&

Co

3

.157

04/22/42

171,775‌

100,000

JPMorgan

Chase

&

Co

5

.000

N/A(e)

96,657‌

363,000

JPMorgan

Chase

&

Co

6

.100

N/A(e)

358,725‌

160,000

JPMorgan

Chase

&

Co

3

.650

N/A(e)

139,654‌

200,000

Lloyds

Banking

Group

plc

7

.500

N/A(e)

186,855‌

250,000

M&T

Bank

Corp

3

.500

N/A(e)

175,810‌

200,000

NatWest

Group

plc

5

.516

09/30/28

193,523‌

125,000

PNC

Financial

Services

Group,

Inc

6

.200

N/A(e)

114,876‌

200,000

Toronto-Dominion

Bank

4

.285

09/13/24

196,779‌

100,000

Toronto-Dominion

Bank

3

.625

09/15/31

92,521‌

200,000

Truist

Financial

Corp

4

.950

N/A(e)

183,916‌

200,000

UniCredit

SpA

8

.000

N/A(e)

196,750‌

100,000

US

Bancorp

4

.839

02/01/34

88,046‌

50,000

Wells

Fargo

&

Co

3

.750

01/24/24

49,638‌

100,000

Wells

Fargo

&

Co

3

.550

09/29/25

95,583‌

100,000

Wells

Fargo

&

Co

3

.526

03/24/28

91,837‌

375,000

Wells

Fargo

&

Co

2

.393

06/02/28

328,863‌

250,000

Wells

Fargo

&

Co

3

.900

N/A(e)

218,337‌

125,000

Wells

Fargo

&

Co

7

.625

N/A(e)

126,021‌

TOTAL

BANKS

17,331,182‌

CAPITAL

GOODS

-

1

.1

%

450,000

Boeing

Co

2

.196

02/04/26

413,183‌

200,000

Boeing

Co

2

.950

02/01/30

168,262‌

25,000

Boeing

Co

3

.250

02/01/35

19,220‌

75,000

Boeing

Co

5

.705

05/01/40

69,195‌

150,000

Boeing

Co

5

.805

05/01/50

135,828‌

50,000

(d)

Chart

Industries,

Inc

7

.500

01/01/30

50,274‌

50,000

(d)

Chart

Industries,

Inc

9

.500

01/01/31

53,140‌

200,000

(d)

Embraer

Netherlands

Finance

BV

7

.000

07/28/30

198,391‌

50,000

Lockheed

Martin

Corp

1

.850

06/15/30

40,327‌

175,000

Northrop

Grumman

Corp

3

.250

01/15/28

160,489‌

175,000

Raytheon

Technologies

Corp

4

.125

11/16/28

163,180‌

50,000

Raytheon

Technologies

Corp

2

.250

07/01/30

40,229‌

350,000

Raytheon

Technologies

Corp

5

.150

02/27/33

331,438‌

80,000

(d)

TransDigm,

Inc

6

.875

12/15/30

78,443‌

200,000

(d)

TSMC

Global

Ltd

1

.000

09/28/27

168,480‌

15,000

(d)

WESCO

Distribution,

Inc

7

.250

06/15/28

15,073‌

85

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

55,000

(d)

Windsor

Holdings

III

LLC

8

.500

%

06/15/30

$

54,257‌

TOTAL

CAPITAL

GOODS

2,159,409‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.4

%

40,000

(d)

ADT

Corp

4

.875

07/15/32

33,400‌

15,000

(d)

ASGN,

Inc

4

.625

05/15/28

13,382‌

35,000

(d)

Garda

World

Security

Corp

7

.750

02/15/28

34,314‌

10,000

(d)

GFL

Environmental,

Inc

4

.250

06/01/25

9,610‌

65,000

(d)

GFL

Environmental,

Inc

5

.125

12/15/26

61,918‌

31,000

(d)

GFL

Environmental,

Inc

3

.500

09/01/28

26,688‌

200,000

(b),(d)

GTCR

W-2

MERGER

SUB

LLC

7

.500

01/15/31

200,280‌

62,000

(d)

H&E

Equipment

Services,

Inc

3

.875

12/15/28

52,941‌

155,000

(d)

Iron

Mountain,

Inc

7

.000

02/15/29

151,595‌

50,000

(d)

Prime

Security

Services

Borrower

LLC

5

.750

04/15/26

48,508‌

26,000

(d)

Prime

Security

Services

Borrower

LLC

3

.375

08/31/27

22,779‌

70,000

(d)

Prime

Security

Services

Borrower

LLC

6

.250

01/15/28

64,832‌

75,000

Verisk

Analytics,

Inc

3

.625

05/15/50

50,307‌

100,000

Waste

Management,

Inc

2

.500

11/15/50

56,687‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

827,241‌

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

0

.7

%

25,000

(c),(d)

Asbury

Automotive

Group,

Inc

4

.625

11/15/29

21,472‌

50,000

(d)

Asbury

Automotive

Group,

Inc

5

.000

02/15/32

41,427‌

100,000

AutoZone,

Inc

1

.650

01/15/31

75,187‌

25,000

(d)

Beacon

Roofing

Supply,

Inc

6

.500

08/01/30

24,228‌

40,000

(d)

Ferrellgas

LP

5

.375

04/01/26

37,492‌

44,000

(d)

Ferrellgas

LP

5

.875

04/01/29

39,570‌

50,000

Kohl's

Corp

4

.625

05/01/31

33,602‌

80,000

(d)

LCM

Investments

Holdings

II

LLC

4

.875

05/01/29

68,016‌

25,000

(d)

LCM

Investments

Holdings

II

LLC

8

.250

08/01/31

24,286‌

45,000

(d)

Lithia

Motors,

Inc

4

.625

12/15/27

41,088‌

175,000

Lowe's

Cos,

Inc

4

.250

04/01/52

129,095‌

100,000

(c),(d)

Macy's

Retail

Holdings

LLC

5

.875

04/01/29

87,559‌

50,000

(c),(d)

Macy's

Retail

Holdings

LLC

6

.125

03/15/32

41,264‌

38,000

(d)

Magic

Mergeco,

Inc

5

.250

05/01/28

30,328‌

125,000

O'Reilly

Automotive,

Inc

3

.600

09/01/27

116,732‌

100,000

O'Reilly

Automotive,

Inc

4

.200

04/01/30

91,212‌

250,000

O'Reilly

Automotive,

Inc

1

.750

03/15/31

190,571‌

200,000

(d)

Prosus

NV

4

.193

01/19/32

159,484‌

50,000

(d)

Staples,

Inc

7

.500

04/15/26

41,117‌

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

1,293,730‌

CONSUMER

DURABLES

&

APPAREL

-

0

.0

%

8,000

Newell

Brands,

Inc

4

.875

06/01/25

7,666‌

50,000

Newell

Brands,

Inc

6

.375

09/15/27

47,699‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

55,365‌

CONSUMER

SERVICES

-

0

.2

%

150,000

(d)

Churchill

Downs,

Inc

6

.750

05/01/31

141,750‌

6,000

(d)

Hilton

Domestic

Operating

Co,

Inc

5

.750

05/01/28

5,800‌

74,000

(d)

Hilton

Domestic

Operating

Co,

Inc

3

.625

02/15/32

59,659‌

20,000

(d)

International

Game

Technology

plc

4

.125

04/15/26

18,814‌

60,000

(d)

International

Game

Technology

plc

6

.250

01/15/27

58,729‌

20,000

(d)

LIGHT

&

WONDER

INTER

7

.500

09/01/31

19,767‌

25,000

(c),(d)

Marriott

Ownership

Resorts,

Inc

4

.500

06/15/29

20,948‌

50,000

(d)

NCL

Corp

Ltd

5

.875

03/15/26

46,162‌

50,000

(d)

NCL

Corp

Ltd

8

.375

02/01/28

50,718‌

TOTAL

CONSUMER

SERVICES

422,347‌

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

0

.3

%

70,000

(d)

Albertsons

Cos,

Inc

6

.500

02/15/28

69,186‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

86

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL—continued

$

60,000

Kroger

Co

3

.875

%

10/15/46

$

42,104‌

100,000

SYSCO

Corp

3

.150

12/14/51

61,490‌

100,000

Walmart,

Inc

1

.050

09/17/26

89,163‌

200,000

Walmart,

Inc

1

.800

09/22/31

157,404‌

275,000

Walmart,

Inc

4

.500

04/15/53

236,704‌

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

656,051‌

ENERGY

-

3

.2

%

19,000

(d)

Archrock

Partners

LP

6

.250

04/01/28

17,689‌

100,000

Cenovus

Energy,

Inc

2

.650

01/15/32

77,703‌

150,000

Cheniere

Energy

Partners

LP

3

.250

01/31/32

119,220‌

35,000

(d)

Civitas

Resources,

Inc

8

.375

07/01/28

35,612‌

40,000

(d)

Civitas

Resources,

Inc

8

.750

07/01/31

40,859‌

150,000

Diamondback

Energy,

Inc

4

.400

03/24/51

110,564‌

35,000

(d)

DT

Midstream,

Inc

4

.125

06/15/29

30,276‌

30,000

(d)

DT

Midstream,

Inc

4

.375

06/15/31

25,227‌

45,000

Ecopetrol

S.A.

6

.875

04/29/30

41,088‌

200,000

Ecopetrol

S.A.

4

.625

11/02/31

152,695‌

250,000

Enbridge,

Inc

5

.700

03/08/33

239,500‌

150,000

Enbridge,

Inc

5

.750

07/15/80

130,569‌

33,000

(d)

Energean

Israel

Finance

Ltd

4

.875

03/30/26

30,655‌

100,000

Energy

Transfer

LP

2

.900

05/15/25

95,002‌

50,000

Energy

Transfer

LP

4

.750

01/15/26

48,652‌

150,000

Energy

Transfer

LP

4

.950

06/15/28

143,553‌

25,000

Energy

Transfer

LP

5

.400

10/01/47

20,619‌

100,000

Energy

Transfer

LP

6

.250

04/15/49

91,752‌

175,000

Energy

Transfer

LP

5

.000

05/15/50

137,278‌

100,000

Energy

Transfer

Operating

LP

5

.500

06/01/27

98,430‌

6,000

(d)

EnLink

Midstream

LLC

5

.625

01/15/28

5,673‌

80,000

(d)

EnLink

Midstream

LLC

6

.500

09/01/30

77,602‌

100,000

Enterprise

Products

Operating

LLC

3

.700

02/15/26

95,809‌

100,000

Enterprise

Products

Operating

LLC

3

.125

07/31/29

87,854‌

100,000

Enterprise

Products

Operating

LLC

4

.250

02/15/48

78,286‌

100,000

Enterprise

Products

Operating

LLC

4

.200

01/31/50

77,141‌

100,000

Enterprise

Products

Operating

LLC

3

.200

02/15/52

63,848‌

25,000

Enterprise

Products

Operating

LLC

3

.300

02/15/53

16,268‌

100,000

(d)

EQM

Midstream

Partners

LP

4

.500

01/15/29

88,996‌

25,000

(d)

EQT

Corp

3

.125

05/15/26

23,130‌

200,000

(d)

Galaxy

Pipeline

Assets

Bidco

Ltd

2

.625

03/31/36

154,544‌

50,000

Genesis

Energy

LP

8

.000

01/15/27

48,197‌

10,000

(d)

Hilcorp

Energy

I

LP

5

.750

02/01/29

9,030‌

25,000

(d)

Hilcorp

Energy

I

LP

6

.000

04/15/30

22,541‌

9,000

(d)

Hilcorp

Energy

I

LP

6

.000

02/01/31

7,918‌

75,000

Marathon

Petroleum

Corp

3

.800

04/01/28

68,954‌

100,000

Marathon

Petroleum

Corp

5

.000

09/15/54

77,369‌

150,000

MPLX

LP

1

.750

03/01/26

136,013‌

450,000

MPLX

LP

2

.650

08/15/30

363,392‌

125,000

MPLX

LP

4

.700

04/15/48

94,750‌

34,000

(c)

Murphy

Oil

Corp

5

.875

12/01/27

32,994‌

33,000

Occidental

Petroleum

Corp

5

.500

12/01/25

32,568‌

200,000

(d)

Oleoducto

Central

S.A.

4

.000

07/14/27

178,206‌

100,000

ONEOK,

Inc

4

.500

03/15/50

72,511‌

67,000

(d)

Parkland

Corp

4

.500

10/01/29

57,374‌

200,000

(d)

Pertamina

Persero

PT

1

.400

02/09/26

180,149‌

100,000

Petroleos

Mexicanos

5

.950

01/28/31

71,575‌

67,000

Petroleos

Mexicanos

6

.700

02/16/32

49,725‌

200,000

(d)

Petronas

Energy

Canada

Ltd

2

.112

03/23/28

174,443‌

200,000

Phillips

66

2

.150

12/15/30

157,472‌

100,000

Phillips

66

3

.300

03/15/52

62,829‌

200,000

(d)

Qatar

Petroleum

2

.250

07/12/31

160,130‌

200,000

(d)

S.A.

Global

Sukuk

Ltd

0

.946

06/17/24

192,500‌

87

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

175,000

Sabine

Pass

Liquefaction

LLC

5

.875

%

06/30/26

$

174,693‌

50,000

(d)

Santos

Finance

Ltd

3

.649

04/29/31

39,948‌

200,000

(d)

Saudi

Arabian

Oil

Co

2

.250

11/24/30

160,209‌

125,000

Sunoco

Logistics

Partners

Operations

LP

4

.000

10/01/27

116,068‌

23,000

Sunoco

LP

4

.500

05/15/29

20,187‌

100,000

Targa

Resources

Corp

4

.200

02/01/33

85,029‌

25,000

Targa

Resources

Partners

LP

6

.500

07/15/27

25,194‌

150,000

TotalEnergies

Capital

International

S.A.

3

.127

05/29/50

97,765‌

200,000

TransCanada

Trust

5

.500

09/15/79

164,215‌

19,000

(d)

Transocean,

Inc

8

.750

02/15/30

19,427‌

40,000

USA

Compression

Partners

LP

6

.875

04/01/26

39,182‌

25,000

USA

Compression

Partners

LP

6

.875

09/01/27

24,236‌

90,000

(d)

Venture

Global

LNG,

Inc

8

.125

06/01/28

89,113‌

300,000

(c)

Williams

Cos,

Inc

5

.650

03/15/33

289,887‌

TOTAL

ENERGY

6,051,887‌

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

2

.0

%

150,000

Agree

LP

2

.000

06/15/28

124,074‌

100,000

Alexandria

Real

Estate

Equities,

Inc

3

.950

01/15/27

93,926‌

100,000

Alexandria

Real

Estate

Equities,

Inc

3

.950

01/15/28

92,672‌

100,000

Alexandria

Real

Estate

Equities,

Inc

4

.900

12/15/30

93,201‌

100,000

Alexandria

Real

Estate

Equities,

Inc

1

.875

02/01/33

70,794‌

100,000

American

Tower

Corp

2

.950

01/15/25

96,102‌

50,000

American

Tower

Corp

3

.375

10/15/26

46,548‌

150,000

American

Tower

Corp

3

.800

08/15/29

133,427‌

175,000

American

Tower

Corp

2

.900

01/15/30

145,393‌

50,000

American

Tower

Corp

2

.100

06/15/30

38,914‌

50,000

American

Tower

Corp

1

.875

10/15/30

37,836‌

150,000

Brandywine

Operating

Partnership

LP

4

.100

10/01/24

145,383‌

200,000

Brixmor

Operating

Partnership

LP

3

.850

02/01/25

192,674‌

100,000

Brixmor

Operating

Partnership

LP

2

.250

04/01/28

84,208‌

50,000

Corporate

Office

Properties

LP

2

.750

04/15/31

37,528‌

245,000

Crown

Castle,

Inc

2

.250

01/15/31

190,136‌

50,000

CubeSmart

LP

2

.250

12/15/28

41,825‌

50,000

Equinix,

Inc

2

.150

07/15/30

39,272‌

150,000

Essential

Properties

LP

2

.950

07/15/31

109,355‌

50,000

Essex

Portfolio

LP

3

.000

01/15/30

41,544‌

125,000

Federal

Realty

OP

LP

1

.250

02/15/26

112,290‌

175,000

Healthcare

Realty

Holdings

LP

3

.875

05/01/25

165,003‌

125,000

Healthcare

Realty

Holdings

LP

3

.500

08/01/26

116,118‌

50,000

Healthcare

Realty

Holdings

LP

3

.100

02/15/30

41,632‌

100,000

Healthcare

Realty

Holdings

LP

2

.400

03/15/30

77,200‌

100,000

Healthcare

Realty

Holdings

LP

2

.050

03/15/31

72,255‌

100,000

Highwoods

Realty

LP

3

.875

03/01/27

91,092‌

50,000

Highwoods

Realty

LP

2

.600

02/01/31

35,901‌

100,000

Kite

Realty

Group

Trust

4

.750

09/15/30

89,035‌

100,000

Mid-America

Apartments

LP

4

.300

10/15/23

99,938‌

125,000

Mid-America

Apartments

LP

3

.750

06/15/24

123,006‌

200,000

Mid-America

Apartments

LP

2

.750

03/15/30

168,238‌

100,000

Mid-America

Apartments

LP

1

.700

02/15/31

76,444‌

100,000

Mid-America

Apartments

LP

2

.875

09/15/51

57,536‌

100,000

NNN

REIT,

Inc

5

.600

10/15/33

94,223‌

150,000

Regency

Centers

LP

3

.900

11/01/25

142,208‌

100,000

Regency

Centers

LP

3

.600

02/01/27

93,484‌

100,000

Regency

Centers

LP

2

.950

09/15/29

85,110‌

87,000

SITE

Centers

Corp

3

.625

02/01/25

82,820‌

100,000

Weingarten

Realty

Investors

3

.250

08/15/26

92,257‌

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

3,770,602‌

FINANCIAL

SERVICES

-

3

.1

%

150,000

AerCap

Ireland

Capital

DAC

1

.750

01/30/26

135,371‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

88

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FINANCIAL

SERVICES—continued

$

275,000

AerCap

Ireland

Capital

DAC

3

.000

%

10/29/28

$

235,807‌

150,000

AerCap

Ireland

Capital

DAC

3

.300

01/30/32

119,237‌

150,000

AerCap

Ireland

Capital

DAC

3

.850

10/29/41

106,412‌

200,000

(d)

Bangkok

Bank

PCL

3

.466

09/23/36

155,058‌

225,000

Bank

of

New

York

Mellon

Corp

4

.700

N/A(e)

216,576‌

200,000

(d)

BBVA

Bancomer

S.A.

8

.450

06/29/38

197,132‌

185,000

Capital

One

Financial

Corp

3

.950

N/A(e)

138,859‌

200,000

Charles

Schwab

Corp

5

.375

N/A(e)

192,146‌

30,000

(d)

Compass

Group

Diversified

Holdings

LLC

5

.250

04/15/29

26,229‌

125,000

(d)

Credit

Suisse

Group

AG.

1

.305

02/02/27

110,851‌

250,000

(d)

Credit

Suisse

Group

AG.

6

.442

08/11/28

249,785‌

150,000

Deutsche

Bank

AG.

5

.371

09/09/27

146,479‌

100,000

Deutsche

Bank

AG.

2

.311

11/16/27

87,078‌

200,000

Deutsche

Bank

AG.

6

.000

N/A(e)

156,098‌

80,000

Fiserv,

Inc

3

.500

07/01/29

71,372‌

300,000

Goldman

Sachs

Group,

Inc

3

.500

04/01/25

288,861‌

300,000

Goldman

Sachs

Group,

Inc

4

.482

08/23/28

283,953‌

280,000

Goldman

Sachs

Group,

Inc

2

.615

04/22/32

218,701‌

50,000

Goldman

Sachs

Group,

Inc

4

.411

04/23/39

41,153‌

100,000

Goldman

Sachs

Group,

Inc

3

.436

02/24/43

68,969‌

150,000

Goldman

Sachs

Group,

Inc

7

.500

N/A(e)

148,254‌

50,000

Icahn

Enterprises

LP

5

.250

05/15/27

43,949‌

38,000

Icahn

Enterprises

LP

4

.375

02/01/29

30,387‌

200,000

(d)

Indian

Railway

Finance

Corp

Ltd

3

.249

02/13/30

169,037‌

68,000

(d)

LPL

Holdings,

Inc

4

.000

03/15/29

59,287‌

150,000

Morgan

Stanley

2

.720

07/22/25

145,572‌

125,000

Morgan

Stanley

2

.188

04/28/26

117,424‌

575,000

Morgan

Stanley

3

.125

07/27/26

534,057‌

100,000

Morgan

Stanley

5

.449

07/20/29

97,447‌

250,000

Morgan

Stanley

5

.250

04/21/34

232,120‌

100,000

Morgan

Stanley

5

.424

07/21/34

94,329‌

50,000

Navient

Corp

5

.500

03/15/29

42,000‌

60,000

Northern

Trust

Corp

4

.600

N/A(e)

53,994‌

200,000

(d)

Power

Finance

Corp

Ltd

3

.950

04/23/30

173,764‌

200,000

(d)

Societe

Generale

S.A.

4

.027

01/21/43

125,485‌

15,000

Springleaf

Finance

Corp

5

.375

11/15/29

12,562‌

150,000

UBS

Group

AG.

3

.750

03/26/25

144,271‌

200,000

(d)

UBS

Group

AG.

1

.494

08/10/27

174,572‌

200,000

(d)

UBS

Group

AG.

3

.179

02/11/43

129,359‌

50,000

Visa,

Inc

2

.700

04/15/40

35,210‌

TOTAL

FINANCIAL

SERVICES

5,809,207‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.3

%

500,000

Anheuser-Busch

Cos

LLC

3

.650

02/01/26

480,180‌

75,000

Anheuser-Busch

Cos

LLC

4

.700

02/01/36

68,740‌

380,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.750

01/23/29

368,435‌

200,000

BAT

Capital

Corp

2

.259

03/25/28

169,146‌

100,000

BAT

Capital

Corp

4

.906

04/02/30

91,745‌

200,000

BAT

International

Finance

plc

4

.448

03/16/28

186,504‌

175,000

(d)

Cia

Cervecerias

Unidas

S.A.

3

.350

01/19/32

143,255‌

100,000

Constellation

Brands,

Inc

4

.400

11/15/25

97,266‌

100,000

Constellation

Brands,

Inc

3

.700

12/06/26

94,408‌

100,000

Constellation

Brands,

Inc

3

.150

08/01/29

87,613‌

100,000

Constellation

Brands,

Inc

2

.875

05/01/30

83,926‌

100,000

Constellation

Brands,

Inc

2

.250

08/01/31

77,899‌

100,000

Diageo

Capital

plc

2

.125

10/24/24

96,288‌

100,000

Diageo

Capital

plc

2

.375

10/24/29

84,690‌

200,000

Diageo

Capital

plc

2

.000

04/29/30

162,250‌

100,000

Kraft

Heinz

Foods

Co

4

.375

06/01/46

77,924‌

89

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

$

75,000

(d)

Primo

Water

Holdings,

Inc

4

.375

%

04/30/29

$

64,125‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

2,434,394‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1

.4

%

60,000

Abbott

Laboratories

5

.300

05/27/40

58,871‌

100,000

Boston

Scientific

Corp

2

.650

06/01/30

83,583‌

35,000

Centene

Corp

2

.450

07/15/28

29,570‌

180,000

Centene

Corp

3

.000

10/15/30

145,190‌

55,000

Cigna

Group

3

.200

03/15/40

38,651‌

225,000

CVS

Health

Corp

3

.750

04/01/30

198,886‌

400,000

CVS

Health

Corp

1

.750

08/21/30

307,800‌

400,000

CVS

Health

Corp

4

.780

03/25/38

344,460‌

200,000

CVS

Health

Corp

5

.050

03/25/48

166,169‌

50,000

(d)

DaVita,

Inc

4

.625

06/01/30

41,056‌

100,000

Elevance

Health,

Inc

2

.250

05/15/30

81,356‌

100,000

Elevance

Health,

Inc

5

.125

02/15/53

88,286‌

160,000

HCA,

Inc

5

.625

09/01/28

156,009‌

100,000

HCA,

Inc

3

.625

03/15/32

82,889‌

100,000

HCA,

Inc

5

.500

06/15/47

85,356‌

300,000

Humana,

Inc

2

.150

02/03/32

226,694‌

50,000

Humana,

Inc

5

.875

03/01/33

49,706‌

100,000

(c)

McKesson

Corp

5

.100

07/15/33

95,546‌

67,000

MPT

Operating

Partnership

LP

3

.500

03/15/31

41,839‌

10,000

Tenet

Healthcare

Corp

4

.625

06/15/28

9,002‌

80,000

Tenet

Healthcare

Corp

4

.375

01/15/30

68,810‌

240,000

UnitedHealth

Group,

Inc

2

.300

05/15/31

193,905‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

2,593,634‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.0

%

40,000

(d)

Coty,

Inc

6

.625

07/15/30

39,054‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

39,054‌

INSURANCE

-

1

.7

%

62,000

(d)

Acrisure

LLC

4

.250

02/15/29

52,099‌

85,000

(d)

Alliant

Holdings

Intermediate

LLC

6

.750

04/15/28

82,030‌

200,000

(d)

Allianz

SE

6

.350

09/06/53

193,084‌

25,000

(d)

AmWINS

Group,

Inc

4

.875

06/30/29

21,906‌

250,000

Aon

Corp

5

.350

02/28/33

239,664‌

175,000

Aon

Global

Ltd

3

.500

06/14/24

171,775‌

75,000

Berkshire

Hathaway

Finance

Corp

2

.875

03/15/32

62,899‌

75,000

Berkshire

Hathaway

Finance

Corp

3

.850

03/15/52

55,943‌

40,000

(d)

CHS

5

.250

05/15/30

30,407‌

100,000

CNA

Financial

Corp

3

.950

05/15/24

98,690‌

100,000

(d)

Equitable

Financial

Life

Global

Funding

1

.400

07/07/25

91,842‌

500,000

Hartford

Financial

Services

Group,

Inc

2

.800

08/19/29

428,892‌

100,000

Hartford

Financial

Services

Group,

Inc

4

.300

04/15/43

77,219‌

100,000

Hartford

Financial

Services

Group,

Inc

2

.900

09/15/51

58,818‌

55,000

(d)

HUB

International

Ltd

7

.250

06/15/30

54,899‌

100,000

(d)

Liberty

Mutual

Group,

Inc

3

.951

10/15/50

67,142‌

100,000

(d)

Liberty

Mutual

Group,

Inc

5

.500

06/15/52

85,692‌

250,000

MetLife,

Inc

3

.600

04/10/24

246,970‌

100,000

MetLife,

Inc

5

.000

07/15/52

86,284‌

115,000

MetLife,

Inc

3

.850

N/A(e)

106,385‌

150,000

PartnerRe

Finance

B

LLC

4

.500

10/01/50

127,221‌

180,000

Prudential

Financial,

Inc

5

.200

03/15/44

176,108‌

300,000

Prudential

Financial,

Inc

5

.125

03/01/52

258,343‌

100,000

Reinsurance

Group

of

America,

Inc

3

.900

05/15/29

89,572‌

200,000

(d)

Swiss

Re

Finance

Luxembourg

S.A.

5

.000

04/02/49

187,400‌

TOTAL

INSURANCE

3,151,284‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

90

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS

-

1

.9

%

$

100,000

Albemarle

Corp

4

.650

%

06/01/27

$

95,350‌

200,000

(d)

Alpek

SAB

de

C.V.

3

.250

02/25/31

156,990‌

150,000

Amcor

Flexibles

North

America,

Inc

2

.630

06/19/30

121,094‌

200,000

Amcor

Flexibles

North

America,

Inc

2

.690

05/25/31

158,580‌

100,000

(d)

Anglo

American

Capital

plc

3

.875

03/16/29

89,610‌

200,000

(d)

Anglo

American

Capital

plc

2

.625

09/10/30

159,768‌

200,000

AngloGold

Ashanti

Holdings

plc

3

.750

10/01/30

161,032‌

95,000

(d)

Arsenal

AIC

Parent

LLC

8

.000

10/01/30

94,527‌

38,000

Ball

Corp

2

.875

08/15/30

30,111‌

225,000

Berry

Global,

Inc

1

.570

01/15/26

203,385‌

150,000

Berry

Global,

Inc

1

.650

01/15/27

128,928‌

200,000

(d)

Celulosa

Arauco

y

Constitucion

S.A.

4

.250

04/30/29

176,095‌

200,000

(d)

Cemex

SAB

de

C.V.

5

.450

11/19/29

189,463‌

200,000

(d)

Corp

Nacional

del

Cobre

de

Chile

3

.150

01/14/30

168,801‌

100,000

(d)

FMG

Resources

August

2006

Pty

Ltd

5

.875

04/15/30

91,421‌

200,000

(d)

Freeport

Indonesia

PT

5

.315

04/14/32

181,286‌

35,000

(d)

Mauser

Packaging

Solutions

Holding

Co

7

.875

08/15/26

33,766‌

65,000

(d)

Mineral

Resources

Ltd

9

.250

10/01/28

65,650‌

70,000

Newmont

Corp

2

.250

10/01/30

55,731‌

65,000

Newmont

Corp

2

.600

07/15/32

50,915‌

100,000

(d)

Nova

Chemicals

Corp

4

.875

06/01/24

98,249‌

100,000

Nutrien

Ltd

2

.950

05/13/30

83,472‌

200,000

(d)

OCP

S.A.

3

.750

06/23/31

157,583‌

200,000

(d)

Orbia

Advance

Corp

SAB

de

C.V.

1

.875

05/11/26

178,094‌

19,000

(d)

PolyOne

Corp

5

.750

05/15/25

18,654‌

200,000

(d)

POSCO

4

.500

08/04/27

190,648‌

50,000

(d)

SunCoke

Energy,

Inc

4

.875

06/30/29

42,486‌

200,000

Suzano

Austria

GmbH

3

.750

01/15/31

164,395‌

200,000

(d)

UltraTech

Cement

Ltd

2

.800

02/16/31

157,158‌

TOTAL

MATERIALS

3,503,242‌

MEDIA

&

ENTERTAINMENT

-

1

.9

%

100,000

Activision

Blizzard,

Inc

1

.350

09/15/30

78,098‌

100,000

(d)

Arches

Buyer,

Inc

4

.250

06/01/28

85,259‌

100,000

(d)

CCO

Holdings

LLC

5

.125

05/01/27

93,172‌

100,000

(c)

Charter

Communications

Operating

LLC

4

.400

04/01/33

85,054‌

50,000

Charter

Communications

Operating

LLC

5

.125

07/01/49

36,448‌

600,000

Charter

Communications

Operating

LLC

4

.800

03/01/50

419,560‌

150,000

Comcast

Corp

4

.150

10/15/28

142,088‌

300,000

Comcast

Corp

3

.200

07/15/36

231,319‌

500,000

Comcast

Corp

2

.887

11/01/51

294,670‌

200,000

(d)

CSC

Holdings

LLC

11

.250

05/15/28

199,217‌

40,000

(d)

DIRECTV

Holdings

LLC

5

.875

08/15/27

35,367‌

110,000

Extra

Space

Storage

LP

2

.400

10/15/31

84,213‌

250,000

Haleon

US

Capital

LLC

3

.375

03/24/27

231,937‌

250,000

Haleon

US

Capital

LLC

3

.625

03/24/32

214,413‌

15,000

Lamar

Media

Corp

3

.625

01/15/31

12,215‌

33,000

(d)

News

Corp

3

.875

05/15/29

28,380‌

100,000

S&P

Global,

Inc

4

.250

05/01/29

94,402‌

110,000

(d)

Sirius

XM

Radio,

Inc

4

.000

07/15/28

93,892‌

50,000

(d)

Sirius

XM

Radio,

Inc

4

.125

07/01/30

40,031‌

50,000

Time

Warner

Cable

LLC

5

.875

11/15/40

41,428‌

100,000

(d)

Venture

Global

Calcasieu

Pass

LLC

4

.125

08/15/31

82,062‌

300,000

(a),(d)

Vitality

Re

XIV

Ltd

U.S.

Treasury

Bill

3

M

+

3.500%

8

.935

01/05/27

306,660‌

200,000

Warnermedia

Holdings,

Inc

3

.755

03/15/27

184,644‌

100,000

Warnermedia

Holdings,

Inc

4

.054

03/15/29

89,096‌

325,000

Warnermedia

Holdings,

Inc

5

.050

03/15/42

251,351‌

25,000

Warnermedia

Holdings,

Inc

5

.141

03/15/52

18,576‌

200,000

Weibo

Corp

3

.375

07/08/30

156,010‌

TOTAL

MEDIA

&

ENTERTAINMENT

3,629,562‌

91

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

1

.3

%

$

275,000

AbbVie,

Inc

4

.050

%

11/21/39

$

224,984‌

450,000

Amgen,

Inc

5

.250

03/02/33

430,181‌

350,000

Amgen,

Inc

5

.650

03/02/53

327,573‌

125,000

AstraZeneca

Finance

LLC

1

.200

05/28/26

112,303‌

250,000

AstraZeneca

plc

1

.375

08/06/30

193,880‌

30,000

(d)

Avantor

Funding,

Inc

4

.625

07/15/28

27,350‌

75,000

Danaher

Corp

2

.800

12/10/51

45,713‌

3,641

(a)

Grifols

Worldwide

Operations

USA,

Inc

SOFR

3

M

+

2.000%

7

.416

11/15/27

3,585‌

100,000

Merck

&

Co,

Inc

2

.750

12/10/51

60,395‌

200,000

(d)

Organon

Finance LLC

5

.125

04/30/31

160,271‌

100,000

Pfizer

Investment

Enterprises

Pte

Ltd

4

.750

05/19/33

94,528‌

600,000

Pfizer

Investment

Enterprises

Pte

Ltd

5

.300

05/19/53

557,491‌

175,000

Takeda

Pharmaceutical

Co

Ltd

2

.050

03/31/30

140,724‌

150,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

3

.150

10/01/26

133,691‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

2,512,669‌

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0

.0

%

28,000

Kennedy-Wilson,

Inc

4

.750

03/01/29

21,490‌

29,000

Kennedy-Wilson,

Inc

5

.000

03/01/31

21,155‌

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

42,645‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.6

%

465,000

(d)

Broadcom,

Inc

4

.926

05/15/37

400,796‌

115,000

NVIDIA

Corp

2

.000

06/15/31

92,015‌

100,000

NXP

BV

3

.875

06/18/26

95,078‌

100,000

NXP

BV

4

.400

06/01/27

94,872‌

100,000

NXP

BV

3

.400

05/01/30

85,513‌

125,000

NXP

BV

3

.125

02/15/42

81,391‌

250,000

Texas

Instruments,

Inc

5

.000

03/14/53

226,518‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

1,076,183‌

SOFTWARE

&

SERVICES

-

0

.7

%

105,000

Adobe,

Inc

2

.300

02/01/30

88,353‌

200,000

(d)

CA

Magnum

Holdings

5

.375

10/31/26

177,022‌

147,000

Microsoft

Corp

2

.525

06/01/50

89,507‌

90,000

(d)

NortonLifeLock,

Inc

6

.750

09/30/27

88,233‌

55,000

(d)

Open

Text

Corp

3

.875

12/01/29

45,211‌

15,000

(d)

Open

Text

Holdings,

Inc

4

.125

02/15/30

12,549‌

250,000

Oracle

Corp

4

.900

02/06/33

230,433‌

275,000

Oracle

Corp

5

.550

02/06/53

240,945‌

125,000

Roper

Technologies,

Inc

1

.400

09/15/27

106,948‌

75,000

Roper

Technologies,

Inc

2

.000

06/30/30

59,307‌

200,000

Salesforce,

Inc

2

.700

07/15/41

135,438‌

TOTAL

SOFTWARE

&

SERVICES

1,273,946‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.5

%

165,000

Amphenol

Corp

2

.800

02/15/30

140,042‌

175,000

Apple,

Inc

2

.450

08/04/26

162,560‌

575,000

Apple,

Inc

2

.050

09/11/26

528,381‌

60,000

Apple,

Inc

2

.650

02/08/51

36,392‌

80,000

(d)

Imola

Merger

Corp

4

.750

05/15/29

70,112‌

50,000

(d)

Sensata

Technologies

BV

4

.000

04/15/29

43,055‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

980,542‌

TELECOMMUNICATION

SERVICES

-

2

.3

%

200,000

America

Movil

SAB

de

C.V.

4

.700

07/21/32

184,417‌

564,000

AT&T,

Inc

2

.550

12/01/33

414,251‌

150,000

AT&T,

Inc

4

.500

05/15/35

127,946‌

150,000

AT&T,

Inc

3

.500

06/01/41

104,210‌

730,000

AT&T,

Inc

3

.550

09/15/55

446,875‌

250,000

(d)

Bharti

Airtel

Ltd

3

.250

06/03/31

206,095‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

92

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TELECOMMUNICATION

SERVICES—continued

$

200,000

(d)

Empresa

Nacional

de

Telecomunicaciones

S.A.

3

.050

%

09/14/32

$

152,500‌

200,000

(d)

Millicom

International

Cellular

S.A.

4

.500

04/27/31

142,830‌

100,000

Telefonica

Emisiones

S.A.

4

.895

03/06/48

75,744‌

20,000

T-Mobile

USA,

Inc

2

.250

02/15/26

18,411‌

455,000

T-Mobile

USA,

Inc

2

.625

02/15/29

385,464‌

225,000

T-Mobile

USA,

Inc

3

.875

04/15/30

199,344‌

575,000

T-Mobile

USA,

Inc

5

.050

07/15/33

533,491‌

100,000

T-Mobile

USA,

Inc

3

.000

02/15/41

66,265‌

125,000

T-Mobile

USA,

Inc

3

.300

02/15/51

78,213‌

1,075,000

Verizon

Communications,

Inc

2

.355

03/15/32

820,180‌

200,000

(d)

Vmed

O2

UK

Financing

I

plc

4

.750

07/15/31

161,575‌

110,000

Vodafone

Group

plc

4

.375

02/19/43

84,762‌

150,000

Vodafone

Group

plc

4

.250

09/17/50

108,751‌

TOTAL

TELECOMMUNICATION

SERVICES

4,311,324‌

TRANSPORTATION

-

0

.6

%

200,000

(d)

Aeropuerto

Internacional

de

Tocumen

S.A.

4

.000

08/11/41

155,526‌

65,000

Burlington

Northern

Santa

Fe

LLC

3

.050

02/15/51

41,156‌

275,000

Canadian

Pacific

Railway

Co

2

.050

03/05/30

222,113‌

100,000

CSX

Corp

3

.800

03/01/28

93,906‌

75,000

CSX

Corp

4

.250

03/15/29

71,038‌

225,000

(d)

Misc

Capital

Two

Labuan

Ltd

3

.625

04/06/25

216,477‌

50,000

Union

Pacific

Corp

2

.891

04/06/36

37,863‌

100,000

Union

Pacific

Corp

3

.839

03/20/60

70,085‌

160,000

(d)

XPO,

Inc

6

.250

06/01/28

154,808‌

TOTAL

TRANSPORTATION

1,062,972‌

UTILITIES

-

3

.6

%

100,000

AEP

Transmission

Co

LLC

3

.100

12/01/26

93,096‌

75,000

AEP

Transmission

Co

LLC

4

.000

12/01/46

57,151‌

100,000

AEP

Transmission

Co

LLC

2

.750

08/15/51

56,995‌

150,000

AEP

Transmission

Co

LLC

5

.400

03/15/53

139,387‌

650,000

Ameren

Illinois

Co

5

.900

12/01/52

649,049‌

100,000

American

Water

Capital

Corp

3

.000

12/01/26

92,498‌

250,000

American

Water

Capital

Corp

2

.800

05/01/30

211,448‌

60,000

American

Water

Capital

Corp

4

.000

12/01/46

44,828‌

50,000

American

Water

Capital

Corp

3

.750

09/01/47

36,543‌

100,000

American

Water

Capital

Corp

3

.450

05/01/50

68,061‌

100,000

Atmos

Energy

Corp

1

.500

01/15/31

75,951‌

125,000

Baltimore

Gas

and

Electric

Co

3

.750

08/15/47

89,014‌

200,000

(d)

Becle

SAB

de

C.V.

2

.500

10/14/31

152,800‌

50,000

Berkshire

Hathaway

Energy

Co

3

.250

04/15/28

45,250‌

200,000

Black

Hills

Corp

4

.250

11/30/23

199,350‌

100,000

Black

Hills

Corp

3

.150

01/15/27

91,683‌

100,000

CenterPoint

Energy

Houston

Electric

LLC

3

.000

03/01/32

82,764‌

100,000

Commonwealth

Edison

Co

2

.750

09/01/51

56,713‌

58,000

Consumers

Energy

Co

2

.650

08/15/52

33,496‌

60,000

Dominion

Energy,

Inc

2

.250

08/15/31

46,406‌

190,000

Dominion

Energy,

Inc

3

.300

04/15/41

129,722‌

125,000

DTE

Electric

Co

5

.400

04/01/53

116,836‌

405,000

Duke

Energy

Corp

3

.300

06/15/41

277,469‌

50,000

Duke

Energy

Progress

LLC

2

.500

08/15/50

27,302‌

100,000

Edison

International

5

.375

N/A(e)

88,222‌

200,000

(d)

ENN

Energy

Holdings

Ltd

2

.625

09/17/30

160,434‌

195,000

Eversource

Energy

1

.650

08/15/30

149,375‌

250,000

Florida

Power

&

Light

Co

4

.800

05/15/33

236,311‌

100,000

Florida

Power

&

Light

Co

3

.990

03/01/49

75,131‌

75,000

Indiana

Michigan

Power

Co

3

.750

07/01/47

52,499‌

200,000

(d)

Israel

Electric

Corp

Ltd

3

.750

02/22/32

164,208‌

125,000

Medtronic

Global

Holdings

S.C.A

4

.250

03/30/28

119,646‌

150,000

MidAmerican

Energy

Co

3

.650

04/15/29

137,047‌

93

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

95,000

MidAmerican

Energy

Co

3

.650

%

08/01/48

$

67,699‌

250,000

(d)

NBK

SPC

Ltd

1

.625

09/15/27

221,635‌

130,000

NextEra

Energy

Capital

Holdings,

Inc

2

.250

06/01/30

104,074‌

310,000

NiSource,

Inc

1

.700

02/15/31

231,832‌

85,000

(d)

NRG

Energy,

Inc

2

.450

12/02/27

72,052‌

50,000

NRG

Energy,

Inc

5

.750

01/15/28

46,880‌

100,000

NSTAR

Electric

Co

3

.950

04/01/30

91,304‌

100,000

Ohio

Power

Co

4

.150

04/01/48

74,989‌

100,000

Ohio

Power

Co

4

.000

06/01/49

72,882‌

50,000

ONE

Gas,

Inc

3

.610

02/01/24

49,631‌

12,000

(d)

Pattern

Energy

Operations

LP

4

.500

08/15/28

10,422‌

100,000

PECO

Energy

Co

3

.000

09/15/49

62,218‌

200,000

PECO

Energy

Co

2

.800

06/15/50

118,131‌

200,000

(d)

Perusahaan

Listrik

Negara

PT

3

.875

07/17/29

178,184‌

125,000

Public

Service

Co

of

Colorado

1

.875

06/15/31

95,881‌

125,000

Public

Service

Co

of

Colorado

3

.200

03/01/50

78,396‌

100,000

Public

Service

Electric

and

Gas

Co

4

.900

12/15/32

95,899‌

500,000

Public

Service

Electric

and

Gas

Co

5

.450

08/01/53

476,386‌

28,000

(d)

Superior

Plus

LP

4

.500

03/15/29

24,332‌

190,000

(d)

Talen

Energy

Supply

LLC

8

.625

06/01/30

194,769‌

75,000

Virginia

Electric

and

Power

Co

2

.950

11/15/26

69,488‌

250,000

Wisconsin

Power

and

Light

Co

4

.950

04/01/33

234,771‌

TOTAL

UTILITIES

6,728,540‌

TOTAL

CORPORATE

BONDS

73,792,330‌

(Cost

$84,358,704)

GOVERNMENT

BONDS

-

35

.3

%

FOREIGN

GOVERNMENT

BONDS

-

2

.8

%

200,000

(d)

Angolan

Government

International

Bond

8

.750

04/14/32

160,472‌

EUR

100,000

(d)

Banque

Ouest

Africaine

de

Developpement

2

.750

01/22/33

74,384‌

50,000

(d)

Bermuda

Government

International

Bond

4

.750

02/15/29

47,381‌

200,000

(d)

BNG

Bank

NV

2

.625

02/27/24

197,520‌

225,000

Brazilian

Government

International

Bond

6

.000

10/20/33

212,262‌

400,000

Colombia

Government

International

Bond

3

.250

04/22/32

287,057‌

200,000

(d)

Costa

Rica

Government

International

Bond

5

.625

04/30/43

165,444‌

200,000

(d)

Dominican

Republic

Government

International

Bond

4

.875

09/23/32

162,217‌

13,286

(d)

Ecuador

Government

International

Bond

0

.000

07/31/30

3,932‌

79,525

(d)

Ecuador

Government

International

Bond

5

.000

07/31/30

40,431‌

56,442

(d)

Ecuador

Government

International

Bond

1

.000

07/31/35

20,877‌

200,000

(d)

Egypt

Government

International

Bond

7

.053

01/15/32

114,633‌

100,000

European

Investment

Bank

4

.875

02/15/36

100,297‌

200,000

(d)

Export-Import

Bank

of

India

2

.250

01/13/31

155,140‌

200,000

(d)

Guatemala

Government

Bond

3

.700

10/07/33

153,227‌

285,000

(d)

Hong

Kong

Government

International

Bond

4

.625

01/11/33

281,795‌

200,000

(d)

Hungary

Government

International

Bond

6

.125

05/22/28

199,262‌

140,625

(d)

Iraq

Government

International

Bond

5

.800

01/15/28

129,827‌

200,000

Japan

Bank

for

International

Cooperation

2

.375

04/20/26

186,062‌

100,000

(d)

Japan

Finance

Organization

for

Municipalities

3

.000

03/12/24

98,767‌

300,000

(d)

Jordan

Government

International

Bond

4

.950

07/07/25

289,830‌

200,000

(d)

Korea

Electric

Power

Corp

1

.125

06/15/25

185,319‌

200,000

(d)

Korea

Hydro

&

Nuclear

Power

Co

Ltd

1

.250

04/27/26

178,832‌

200,000

Mexico

Government

International

Bond

5

.400

02/09/28

196,889‌

25,000

Mexico

Government

International

Bond

3

.250

04/16/30

21,266‌

32,000

Mexico

Government

International

Bond

6

.050

01/11/40

29,531‌

275,000

Mexico

Government

International

Bond

4

.280

08/14/41

202,736‌

160,000

Panama

Notas

del

Tesoro

3

.750

04/17/26

145,474‌

130,000

Peruvian

Government

International

Bond

3

.000

01/15/34

100,108‌

140,000

Republic

of

Poland

Government

International

Bond

5

.500

04/04/53

126,532‌

300,000

(d)

Republic

of

Uzbekistan

International

Bond

4

.750

02/20/24

296,226‌

275,000

(d)

Rwanda

International

Government

Bond

5

.500

08/09/31

212,418‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

94

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

500,000

(d)

Saudi

Government

International

Bond

3

.750

%

01/21/55

$

331,565‌

200,000

(d)

Serbia

International

Bond

2

.125

12/01/30

146,619‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

5,254,332‌

MORTGAGE

BACKED

-

19

.4

%

1,575,252

(a),(d)

Citigroup

Mortgage

Loan

Trust

0

.156

02/25/52

11,974‌

55,000

(a),(d)

Fannie

CAS

30

D

AVG

SOFR

+

3.350%

8

.665

01/25/43

57,105‌

49,203

(a)

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

30

D

AVG

SOFR

+

5.806%

0

.492

03/15/44

3,549‌

160,797

FHLMC

3

.500

01/15/47

132,654‌

156,222

FHLMC

4

.000

01/15/48

140,963‌

80,965

FHLMC

4

.000

03/15/48

71,554‌

87,213

(a)

FHLMC

30

D

AVG

SOFR

+

9.737%

1

.236

06/15/48

74,341‌

115,092

(a)

FHLMC

30

D

AVG

SOFR

+

9.657%

1

.156

10/15/48

95,180‌

831,130

FHLMC

3

.000

11/01/49

698,302‌

58,238

FHLMC

3

.000

09/25/50

36,298‌

125,727

FHLMC

3

.000

10/25/50

79,158‌

462,346

FHLMC

2

.500

02/25/51

79,520‌

159,332

FHLMC

2

.500

05/25/51

88,007‌

219,267

FHLMC

3

.000

11/01/51

184,485‌

193,000

FHLMC

3

.000

11/01/51

161,782‌

55,062

FHLMC

3

.000

11/01/51

46,327‌

33,838

FHLMC

3

.000

11/01/51

28,669‌

655,842

FHLMC

2

.500

02/01/52

525,952‌

323,668

FHLMC

2

.500

03/01/52

259,523‌

554,191

FHLMC

4

.000

04/01/52

493,945‌

404,374

FHLMC

4

.500

06/01/52

371,451‌

386,397

FHLMC

4

.500

07/01/52

354,964‌

62,861

FHLMC

4

.000

08/25/52

46,860‌

132,450

FHLMC

6

.000

11/01/52

130,907‌

116,895

FHLMC

3

.500

12/01/52

100,585‌

72,277

FHLMC

5

.500

02/25/53

66,135‌

486,445

FHLMC

5

.500

08/01/53

470,278‌

14,290

Federal

Home

Loan

Mortgage

Corp

Gold

(FGLMC)

5

.000

06/01/36

14,017‌

4,557

FGLMC

5

.000

07/01/39

4,465‌

132,789

FGLMC

3

.500

04/01/45

117,200‌

365,185

FGLMC

3

.500

08/01/45

322,796‌

9,400

FGLMC

4

.500

06/01/47

8,840‌

229,862

FGLMC

4

.000

09/01/47

209,162‌

83,648

FGLMC

3

.500

12/01/47

73,803‌

75,149

FGLMC

4

.500

08/01/48

70,496‌

81,851

Federal

National

Mortgage

Association

(FNMA)

3

.500

06/01/32

75,445‌

108,897

FNMA

3

.000

10/01/32

100,686‌

62,519

FNMA

5

.000

05/01/35

61,258‌

6,053

FNMA

7

.500

07/01/35

6,033‌

71,193

FNMA

5

.000

02/01/36

69,725‌

72,023

FNMA

3

.000

10/01/39

62,537‌

56,236

FNMA

3

.000

05/01/40

48,460‌

108,253

FNMA

5

.000

09/01/40

105,839‌

54,873

FNMA

4

.000

09/01/42

50,009‌

68,940

(a)

FNMA

30

D

AVG

SOFR

+

5.836%

0

.521

09/25/43

5,537‌

36,780

FNMA

4

.500

03/01/44

34,744‌

325,210

FNMA

4

.000

05/01/44

295,962‌

136,064

FNMA

4

.500

10/01/44

127,562‌

256,773

FNMA

4

.500

11/01/44

240,725‌

58,952

FNMA

5

.000

11/01/44

57,687‌

21,192

FNMA

4

.000

01/01/45

19,306‌

290,004

FNMA

3

.500

01/01/46

254,894‌

16,605

FNMA

4

.000

04/01/46

15,089‌

115,621

FNMA

3

.500

07/01/46

101,793‌

291,578

FNMA

3

.500

07/01/46

258,404‌

51,086

FNMA

3

.000

10/01/46

42,472‌

95

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

6,141

FNMA

3

.000

%

11/01/47

$

5,107‌

138,029

FNMA

3

.500

11/01/47

122,036‌

173,877

FNMA

3

.500

01/01/48

153,031‌

78,241

FNMA

4

.500

01/01/48

73,275‌

73,008

FNMA

4

.500

02/01/48

68,375‌

103,616

FNMA

3

.500

02/25/48

83,673‌

42,504

FNMA

4

.500

05/01/48

39,781‌

56,971

FNMA

4

.500

05/01/48

53,333‌

81,438

FNMA

5

.000

08/01/48

78,163‌

232,817

FNMA

3

.000

07/01/50

195,471‌

160,058

FNMA

2

.000

08/25/50

21,937‌

171,136

FNMA

2

.000

10/25/50

104,596‌

478,427

FNMA

2

.500

11/25/50

67,439‌

86,919

FNMA

3

.000

02/25/51

13,179‌

1,174,509

FNMA

2

.000

04/01/51

895,222‌

152,307

FNMA

3

.000

09/01/51

127,669‌

205,880

FNMA

2

.500

11/25/51

27,373‌

443,510

FNMA

2

.000

12/01/51

339,998‌

150,364

FNMA

2

.000

01/01/52

116,470‌

81,418

FNMA

2

.000

02/01/52

62,597‌

456,862

FNMA

2

.500

02/01/52

365,366‌

328,929

FNMA

2

.500

02/01/52

263,327‌

88,895

FNMA

2

.500

02/01/52

71,033‌

275,998

FNMA

3

.500

02/01/52

240,343‌

324,324

FNMA

2

.000

03/01/52

248,196‌

576,920

FNMA

3

.000

04/01/52

481,004‌

26,987

FNMA

3

.500

04/01/52

23,244‌

428,145

FNMA

3

.500

05/01/52

368,624‌

948,457

FNMA

3

.500

05/01/52

816,751‌

532,006

FNMA

4

.000

05/01/52

474,093‌

163,645

FNMA

3

.500

06/01/52

141,253‌

858,307

FNMA

4

.000

06/01/52

764,888‌

196,794

FNMA

4

.500

06/01/52

180,794‌

1,978,734

FNMA

4

.000

07/01/52

1,762,533‌

1,605,868

FNMA

4

.000

07/01/52

1,431,078‌

180,080

FNMA

4

.500

07/01/52

165,445‌

112,879

FNMA

4

.500

07/01/52

103,687‌

763,926

FNMA

4

.500

07/01/52

701,707‌

169,547

FNMA

4

.500

07/25/52

145,600‌

1,620,903

FNMA

5

.000

08/01/52

1,530,774‌

105,380

FNMA

4

.500

08/25/52

82,270‌

926,430

FNMA

4

.000

09/01/52

825,220‌

2,908,163

FNMA

4

.500

09/01/52

2,671,273‌

107,759

FNMA

5

.000

09/01/52

101,759‌

77,272

FNMA

4

.000

09/25/52

58,710‌

93,979

FNMA

4

.000

09/25/52

76,364‌

3,359,761

FNMA

4

.000

10/01/52

2,993,068‌

254,900

FNMA

5

.000

10/01/52

240,667‌

78,445

FNMA

4

.500

10/25/52

68,677‌

83,675

FNMA

4

.500

10/25/52

74,291‌

252,485

FNMA

4

.500

11/01/52

231,919‌

120,933

FNMA

5

.500

11/25/52

111,004‌

9,587

FNMA

5

.000

01/01/53

9,051‌

406,288

FNMA

5

.500

02/01/53

392,862‌

673,950

FNMA

5

.500

06/01/53

651,551‌

3,574

Government

National

Mortgage

Association

(GNMA)

5

.000

03/15/34

3,435‌

18,043

GNMA

5

.000

06/15/34

17,369‌

1,790

GNMA

5

.000

04/15/38

1,741‌

141,734

GNMA

5

.000

01/20/40

30,319‌

3,328

GNMA

4

.500

04/15/40

3,157‌

60,972

GNMA

2

.500

12/20/43

52,459‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

96

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

64,503

GNMA

3

.000

%

03/20/45

$

54,869‌

82,858

GNMA

4

.000

06/20/46

10,918‌

135,095

(a)

GNMA

SOFR

1

M

+

5.986%

0

.661

03/20/50

12,962‌

236,448

GNMA

3

.000

11/20/51

153,738‌

324,924

GNMA

3

.000

12/20/51

212,396‌

251,270

GNMA

3

.000

01/20/52

170,111‌

36,472

GNMA

2

.500

02/20/52

28,728‌

300,750

GNMA

3

.000

02/20/52

187,165‌

188,592

GNMA

4

.000

04/20/52

147,614‌

1,015,369

GNMA

3

.000

05/20/52

860,832‌

936,724

GNMA

3

.500

07/20/52

820,661‌

104,769

GNMA

4

.000

07/20/52

77,190‌

559,933

GNMA

4

.000

08/20/52

504,551‌

378,679

GNMA

4

.500

08/20/52

350,261‌

145,885

GNMA

4

.500

09/20/52

122,451‌

151,661

GNMA

4

.500

09/20/52

131,094‌

216,104

GNMA

5

.000

11/20/52

205,141‌

102,655

GNMA

4

.500

02/20/53

85,519‌

82,602

GNMA

5

.500

02/20/53

74,178‌

184,575

(a)

GNMA

30

D

AVG

SOFR

+

23.205%

2

.479

08/20/53

173,864‌

99,730

(a)

GNMA

30

D

AVG

SOFR

+

25.350%

4

.624

08/20/53

100,668‌

256,758

(a)

HUD

Office

of

the

Secretary

(GNMA)

30

D

AVG

SOFR

+

6.950%

1

.636

05/20/53

15,376‌

468,152

(a),(d)

JP

Morgan

Mortgage

Trust

0

.128

06/25/51

2,461‌

820,453

(a),(d)

JP

Morgan

Mortgage

Trust

0

.112

11/25/51

4,310‌

814,015

(a),(d)

JP

Morgan

Mortgage

Trust

0

.121

12/25/51

4,453‌

1,218,040

(d)

JP

Morgan

Mortgage

Trust

0

.224

07/25/52

11,884‌

107,902

(a),(d)

OBX

3

.000

01/25/52

83,249‌

91,479

(a),(d)

RCKT

Mortgage

Trust

4

.000

06/25/52

76,352‌

250,000

(a),(d)

Structured

Agency

Credit

Risk

Debt

Note

(STACR)

30

D

AVG

SOFR

+

2.400%

7

.715

02/25/42

251,744‌

25,000

(a),(d)

STACR

30

D

AVG

SOFR

+

4.750%

10

.065

02/25/42

25,378‌

365,000

(a),(d)

STACR

30

D

AVG

SOFR

+

2.900%

8

.215

04/25/42

373,625‌

95,000

(a),(d)

STACR

30

D

AVG

SOFR

+

5.650%

8

.647

04/25/42

100,849‌

435,000

(a),(d)

STACR

30

D

AVG

SOFR

+

3.350%

8

.665

05/25/42

451,829‌

620,000

(a),(d)

STACR

30

D

AVG

SOFR

+

4.500%

9

.815

06/25/42

666,848‌

280,000

(a),(d)

STACR

30

D

AVG

SOFR

+

4.000%

9

.315

07/25/42

291,660‌

290,000

(a),(d)

STACR

30

D

AVG

SOFR

+

3.700%

9

.015

09/25/42

304,486‌

1,573

(a),(d)

STACR

3

.784

02/25/48

1,459‌

2,721

(a),(d)

STACR

3

.837

05/25/48

2,589‌

TOTAL

MORTGAGE

BACKED

36,444,508‌

MUNICIPAL

BONDS

-

0

.4

%

200,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

3

.264

09/01/25

191,419‌

200,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

4

.038

09/01/34

172,448‌

170,000

New

York

State

Dormitory

Authority

4

.294

07/01/44

141,793‌

300,000

State

of

Oregon

Department

of

Administrative

Services

4

.103

05/01/39

253,366‌

TOTAL

MUNICIPAL

BONDS

759,026‌

U.S.

TREASURY

SECURITIES

-

12

.7

%

1,100,000

United

States

Treasury

Bond

3

.125

11/15/41

864,918‌

1,535,700

United

States

Treasury

Bond

3

.000

11/15/45

1,135,878‌

1,615,000

United

States

Treasury

Bond

2

.875

11/15/46

1,159,898‌

765,000

United

States

Treasury

Bond

3

.000

05/15/47

561,229‌

176,000

United

States

Treasury

Bond

3

.375

11/15/48

138,043‌

1,211,980

(f)

United

States

Treasury

Inflation

Indexed

Bonds

0

.500

04/15/24

1,190,676‌

39,000

United

States

Treasury

Note

4

.375

08/31/28

38,613‌

150,000

United

States

Treasury

Note

1

.375

10/31/28

127,975‌

994,000

United

States

Treasury

Note

3

.500

04/30/30

930,283‌

1,261,000

United

States

Treasury

Note

3

.875

08/15/33

1,191,448‌

300,000

United

States

Treasury

Note

2

.250

05/15/41

205,828‌

500,000

United

States

Treasury

Note

2

.000

11/15/41

324,473‌

97

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

5,111,800

United

States

Treasury

Note

2

.375

%

02/15/42

$

3,533,332‌

200,000

United

States

Treasury

Note

4

.000

11/15/42

177,516‌

5,005,000

United

States

Treasury

Note

3

.875

02/15/43

4,355,914‌

1,897,000

(c)

United

States

Treasury

Note

4

.375

08/15/43

1,769,842‌

7,597,000

United

States

Treasury

Note

3

.625

05/15/53

6,290,078‌

TOTAL

U.S.

TREASURY

SECURITIES

23,995,944‌

TOTAL

GOVERNMENT

BONDS

66,453,810‌

(Cost

$75,425,429)

STRUCTURED

ASSETS

-

18

.8

%

ASSET

BACKED

-

6

.6

%

250,000

(a),(d)

AIMCO

CLO

16

Ltd

SOFR

3

M

+

1.912%

7

.220

01/17/35

246,732‌

Series

-

2021

16A

(Class

B)

250,000

AmeriCredit

Automobile

Receivables

Trust

2

.130

03/18/26

239,020‌

Series

-

2020

2

(Class

D)

250,000

AmeriCredit

Automobile

Receivables

Trust

1

.490

09/18/26

233,078‌

Series

-

2020

3

(Class

D)

250,000

AmeriCredit

Automobile

Receivables

Trust

1

.210

12/18/26

229,152‌

Series

-

2021

1

(Class

D)

100,000

(d)

AMSR

Trust

3

.148

01/19/39

90,593‌

Series

-

2019

SFR1

(Class

C)

100,000

(d)

AMSR

Trust

3

.247

01/19/39

90,280‌

Series

-

2019

SFR1

(Class

D)

107,330

(d)

Apollo

aviation

securitization

2

.798

01/15/47

91,744‌

Series

-

2021

2A

(Class

A)

131,255

(d)

BRE

Grand

Islander

Timeshare

Issuer

LLC

3

.280

09/26/33

123,301‌

Series

-

2019

A

(Class

A)

93,289

(d)

Capital

Automotive

REIT

1

.440

08/15/51

80,698‌

Series

-

2021

1A

(Class

A1)

99,646

(d)

Capital

Automotive

REIT

1

.920

08/15/51

85,487‌

Series

-

2021

1A

(Class

A3)

1,250,000

Carmax

Auto

Owner

Trust

1

.280

07/15/27

1,152,765‌

Series

-

2021

1

(Class

D)

97,625

(d)

Cars

Net

Lease

Mortgage

Notes

Series

2

.010

12/15/50

79,978‌

Series

-

2020

1A

(Class

A1)

98,625

(d)

Cars

Net

Lease

Mortgage

Notes

Series

3

.100

12/15/50

80,062‌

Series

-

2020

1A

(Class

A3)

100,000

(d)

Cars

Net

Lease

Mortgage

Notes

Series

4

.690

12/15/50

82,467‌

Series

-

2020

1A

(Class

B1)

37,360

Carvana

Auto

Receivables

Trust

1

.720

09/11/28

35,354‌

Series

-

2021

N4

(Class

C)

345,000

(d)

Carvana

Auto

Receivables

Trust

4

.130

12/11/28

330,044‌

Series

-

2022

N1

(Class

D)

250,000

(a),(d)

Cayuga

Park

CLO

Ltd

SOFR

3

M

+

1.912%

1

.000

07/17/34

246,086‌

Series

-

2020

1A

(Class

B1R)

144,702

(a),(d)

CBRE

Realty

Finance

LIBOR

3

M

+

0.300%

5

.200

04/07/52

362‌

Series

-

2007

1A

(Class

A2)

2,518

Centex

Home

Equity

5

.540

01/25/32

2,418‌

Series

-

2002

A

(Class

AF6)

449,726

(d)

CF

Hippolyta

LLC

1

.690

07/15/60

408,510‌

Series

-

2020

1

(Class

A1)

219,109

(d)

CF

Hippolyta

LLC

1

.990

07/15/60

183,610‌

Series

-

2020

1

(Class

A2)

89,945

(d)

CF

Hippolyta

LLC

2

.280

07/15/60

78,974‌

Series

-

2020

1

(Class

B1)

235,612

(d)

CF

Hippolyta

LLC

1

.530

03/15/61

206,855‌

Series

-

2021

1A

(Class

A1)

235,612

(d)

CF

Hippolyta

LLC

1

.980

03/15/61

201,681‌

Series

-

2021

1A

(Class

B1)

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

98

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

230,000

(d)

Cologix

Data

Centers

US

Issuer

LLC

3

.300

%

12/26/51

$

202,486‌

Series

-

2021

1A

(Class

A2)

120,000

(d)

DB

Master

Finance

LLC

4

.352

05/20/49

108,410‌

Series

-

2019

1A

(Class

A23)

196,500

(d)

DB

Master

Finance

LLC

2

.045

11/20/51

172,011‌

Series

-

2021

1A

(Class

A2I)

98,250

(d)

DB

Master

Finance

LLC

2

.493

11/20/51

81,967‌

Series

-

2021

1A

(Class

A2II)

35,621

(d)

Diamond

Resorts

Owner

Trust

2

.890

02/20/32

35,599‌

Series

-

2019

1A

(Class

A)

30,074

(d)

Diamond

Resorts

Owner

Trust

2

.050

11/21/33

27,689‌

Series

-

2021

1A

(Class

B)

326,375

(d)

Domino's

Pizza

Master

Issuer

LLC

4

.474

10/25/45

313,108‌

Series

-

2015

1A

(Class

A2II)

214,313

(d)

Domino's

Pizza

Master

Issuer

LLC

4

.116

07/25/48

203,329‌

Series

-

2018

1A

(Class

A2I)

146,625

(d)

Domino's

Pizza

Master

Issuer

LLC

2

.662

04/25/51

123,610‌

Series

-

2021

1A

(Class

A2I)

23,280

(a),(d)

Ellington

Loan

Acquisition

Trust

SOFR

1

M

+

1.214%

6

.534

05/25/37

22,918‌

Series

-

2007

2

(Class

A2C)

122,851

(d)

FNA

VI

LLC

1

.350

01/10/32

112,005‌

Series

-

2021

1A

(Class

A)

250,000

(a),(d)

Gracie

Point

International

Funding

30

D

AVG

SOFR

+

3.350%

8

.666

07/01/24

251,829‌

Series

-

2022

2A

(Class

B)

446,000

(a),(d)

GRACIE

POINT

INTERNATIONAL

FUNDING

30

D

AVG

SOFR

+

2.750%

8

.062

04/01/24

447,986‌

Series

-

2022

1A

(Class

B)

61,473

(d)

HERO

Funding

Trust

3

.190

09/20/48

51,447‌

Series

-

2017

3A

(Class

A1)

61,473

(d)

HERO

Funding

Trust

3

.950

09/20/48

52,980‌

Series

-

2017

3A

(Class

A2)

150,000

(d)

Hertz

Vehicle

Financing

LLC

1

.560

12/26/25

142,124‌

Series

-

2021

1A

(Class

B)

64,630

(d)

Hilton

Grand

Vacations

Trust

2

.960

12/26/28

64,321‌

Series

-

2017

AA

(Class

B)

63,580

(d)

Hilton

Grand

Vacations

Trust

2

.340

07/25/33

59,582‌

Series

-

2019

AA

(Class

A)

3,784

(a)

Home

Equity

Asset

Trust

SOFR

1

M

+

1.614%

3

.986

06/25/33

3,656‌

Series

-

2003

1

(Class

M1)

370,958

(d)

Horizon

Aircraft

Finance

II

Ltd

3

.721

07/15/39

319,032‌

Series

-

2019

1

(Class

A)

220,821

(d)

Horizon

Aircraft

Finance

III

Ltd

3

.425

11/15/39

173,631‌

Series

-

2019

2

(Class

A)

100,000

(d)

Hpefs

Equipment

Trust

4

.430

09/20/29

96,737‌

Series

-

2022

2A

(Class

C)

99,995

(a),(d)

Invitation

Homes

Trust

SOFR

1

M

+

1.364%

6

.697

01/17/38

99,621‌

Series

-

2018

SFR4

(Class

B)

250,000

(a),(d)

La

Vie

Re

Ltd

SOFR

3

Month

+

3.112%

8

.420

10/06/23

242,500‌

Series

-

2020

A

(Class

A)

250,000

(a),(d)

Madison

Park

Funding

LIX

Ltd

SOFR

3

Month

+

2.362%

7

.672

01/18/34

248,045‌

Series

-

2021

59A

(Class

C)

250,000

(a),(d)

Massachusetts

St

SOFR

3

M

+

1.912%

7

.220

01/15/35

247,005‌

Series

-

2021

3A

(Class

B)

82,115

(d)

MVW

LLC

1

.830

05/20/39

73,742‌

Series

-

2021

2A

(Class

B)

93,199

(d)

MVW

Owner

Trust

2

.420

12/20/34

90,984‌

Series

-

2017

1A

(Class

A)

66,222

(d)

MVW

Owner

Trust

3

.450

01/21/36

64,619‌

Series

-

2018

1A

(Class

A)

57,877

(d)

MVW

Owner

Trust

3

.000

11/20/36

54,849‌

Series

-

2019

1A

(Class

B)

99

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

29,619

(d)

Navient

Private

Education

Refi

Loan

Trust

1

.310

%

01/15/69

$

26,810‌

Series

-

2020

HA

(Class

A)

123,520

(d)

Navient

Student

Loan

Trust

3

.390

12/15/59

116,777‌

Series

-

2019

BA

(Class

A2A)

250,000

(a),(d)

Navistar

Financial

Dealer

Note

Master

Owner

Trust

II

30

D

AVG

SOFR

+

1.800%

7

.114

05/25/27

250,654‌

Series

-

2022

1

(Class

B)

250,000

(a),(d)

Neuberger

Berman

Loan

Advisers

Clo

40

Ltd

SOFR

3

Month

+

1.322%

6

.630

04/16/33

249,358‌

Series

-

2021

40A

(Class

A)

250,000

(a),(d)

Neuberger

Berman

Loan

Advisers

Clo

40

Ltd

SOFR

3

Month

+

1.662%

6

.970

04/16/33

246,790‌

Series

-

2021

40A

(Class

B)

234,029

(d)

Oak

Street

Investment

Grade

Net

Lease

Fund

Series

1

.480

01/20/51

203,198‌

Series

-

2021

1A

(Class

A1)

96,860

(d)

Oak

Street

Investment

Grade

Net

Lease

Fund

Series

2

.380

11/20/51

83,462‌

Series

-

2021

2A

(Class

A1)

250,000

(a),(d)

OHA

Credit

Funding

10

Ltd

SOFR

3

M

+

1.912%

7

.222

01/18/36

247,700‌

Series

-

2021

10A

(Class

B)

150,000

(d)

OneMain

Financial

Issuance

Trust

1

.750

09/14/35

134,583‌

Series

-

2020

2A

(Class

A)

161,919

(d)

Oportun

Funding

XIV

LLC

1

.210

03/08/28

155,627‌

Series

-

2021

A

(Class

A)

100,000

(a),(d)

PNMSR

2018-GT1

A

Mtge

LIBOR

1

M

+

2.650%

8

.084

08/25/25

100,094‌

Series

-

2018

GT2

(Class

A)

193,034

(d)

Settlement

Fee

Finance

LLC

3

.840

11/01/49

189,152‌

Series

-

2019

1A

(Class

A)

28,591

(d)

Sierra

Timeshare

Receivables

Funding

LLC

3

.200

01/20/36

28,051‌

Series

-

2019

1A

(Class

A)

26,459

(d)

Sierra

Timeshare

Receivables

Funding

LLC

0

.990

11/20/37

24,703‌

Series

-

2021

1A

(Class

A)

26,459

(d)

Sierra

Timeshare

Receivables

Funding

LLC

1

.340

11/20/37

24,674‌

Series

-

2021

1A

(Class

B)

26,459

(d)

Sierra

Timeshare

Receivables

Funding

LLC

1

.790

11/20/37

24,567‌

Series

-

2021

1A

(Class

C)

74,613

(d)

SoFi

Professional

Loan

Program

LLC

2

.840

01/25/41

71,794‌

Series

-

2017

F

(Class

A2FX)

175,000

(d)

Stack

Infrastructure

Issuer

LLC

1

.893

08/25/45

158,854‌

Series

-

2020

1A

(Class

A2)

250,000

(d)

Stack

Infrastructure

Issuer

LLC

1

.877

03/26/46

220,028‌

Series

-

2021

1A

(Class

A2)

4,455

(a)

Structured

Asset

Investment

Loan

Trust

SOFR

1

M

+

1.014%

6

.334

09/25/34

4,284‌

Series

-

2004

8

(Class

M1)

93,750

(d)

Taco

Bell

Funding

LLC

4

.970

05/25/46

90,354‌

Series

-

2016

1A

(Class

A23)

127,725

(d)

Taco

Bell

Funding

LLC

1

.946

08/25/51

110,440‌

Series

-

2021

1A

(Class

A2I)

98,250

(d)

Taco

Bell

Funding

LLC

2

.294

08/25/51

80,254‌

Series

-

2021

1A

(Class

A2II)

250,000

(a),(d)

TICP

CLO

VIII

Ltd

SOFR

3

M

+

1.962%

7

.288

10/20/34

246,041‌

Series

-

2017

8A

(Class

A2R)

250,000

(a),(d)

Ursa

Re

II

Ltd

U.S.

Treasury

Bill

3

M

+

3.940%

9

.401

12/07/23

249,125‌

Series

-

2020

A

(Class

AA)

283,475

(d)

Wendy's

Funding

LLC

2

.370

06/15/51

232,749‌

Series

-

2021

1A

(Class

A2I)

TOTAL

ASSET

BACKED

12,357,196‌

OTHER

MORTGAGE

BACKED

-

12

.2

%

109,427

(a),(d)

Agate

Bay

Mortgage

Trust

3

.500

09/25/45

94,717‌

Series

-

2015

6

(Class

A9)

100,000

(a),(d)

Angel

Oak

Mortgage

Trust

2

.837

11/25/66

62,579‌

Series

-

2021

8

(Class

A3)

500,000

(d)

BANK

2

.500

10/17/52

249,535‌

Series

-

2019

BN21

(Class

D)

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

100

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

88,739

(a),(d)

Bayview

MSR

Opportunity

Master

Fund

Trust

3

.000

%

10/25/51

$

68,465‌

Series

-

2021

6

(Class

A19)

200,000

(d)

BBCMS

Trust

4

.197

08/10/35

174,108‌

Series

-

2015

SRCH

(Class

A2)

400,000

Benchmark

Mortgage

Trust

4

.267

03/15/52

345,569‌

Series

-

2019

B9

(Class

AS)

800,000

Benchmark

Mortgage

Trust

2

.224

08/15/54

613,343‌

Series

-

2021

B28

(Class

A5)

500,000

(a)

Benchmark

Mortgage

Trust

2

.244

08/15/54

338,776‌

Series

-

2021

B28

(Class

B)

250,000

(a),(d)

CF

Mortgage

Trust

3

.603

04/15/52

222,163‌

Series

-

2020

P1

(Class

A2)

296,313

CFCRE

Commercial

Mortgage

Trust

3

.644

12/10/54

284,074‌

Series

-

2016

C7

(Class

ASB)

5,641

(a)

CHL

Mortgage

Pass-Through

Trust

3

.856

02/20/35

5,599‌

Series

-

2004

HYB9

(Class

1A1)

250,000

(a),(d)

Citigroup

Commercial

Mortgage

Trust

3

.635

05/10/35

228,150‌

Series

-

2013

375P

(Class

B)

100,000

(a),(d)

Citigroup

Commercial

Mortgage

Trust

4

.626

07/10/47

85,927‌

Series

-

2014

GC23

(Class

D)

276,000

Citigroup

Commercial

Mortgage

Trust

3

.199

08/10/56

210,752‌

Series

-

2019

GC41

(Class

B)

24,723

COMM

Mortgage

Trust

2

.853

10/15/45

22,616‌

Series

-

2012

CR4

(Class

A3)

952,289

(a),(d)

COMM

Mortgage

Trust

3

.741

06/10/46

885,034‌

Series

-

2013

CR8

(Class

B)

500,000

COMM

Mortgage

Trust

4

.377

05/10/47

455,288‌

Series

-

2014

CR17

(Class

B)

500,000

(a),(d)

COMM

Mortgage

Trust

4

.767

06/10/47

332,566‌

Series

-

2014

UBS3

(Class

D)

650,000

COMM

Mortgage

Trust

4

.080

08/10/47

625,331‌

Series

-

2014

CR19

(Class

AM)

300,000

(a)

COMM

Mortgage

Trust

3

.603

03/10/48

283,513‌

Series

-

2015

CR22

(Class

AM)

200,000

(a),(d)

COMM

Mortgage

Trust

4

.203

03/10/48

157,687‌

Series

-

2015

CR22

(Class

D)

550,000

(a)

COMM

Mortgage

Trust

4

.183

05/10/48

512,779‌

Series

-

2015

CR23

(Class

B)

200,000

(a)

COMM

Mortgage

Trust

4

.443

05/10/48

175,143‌

Series

-

2015

CR23

(Class

C)

500,000

COMM

Mortgage

Trust

3

.696

08/10/48

477,919‌

Series

-

2015

CR24

(Class

A5)

250,000

COMM

Mortgage

Trust

3

.984

10/10/48

235,202‌

Series

-

2015

CR27

(Class

AM)

600,000

(a)

COMM

Mortgage

Trust

4

.158

10/10/48

564,897‌

Series

-

2015

LC23

(Class

AM)

100,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

4.500%

9

.815

01/25/42

102,541‌

Series

-

2022

R02

(Class

2B1)

310,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

3.100%

8

.415

03/25/42

315,107‌

Series

-

2022

R04

(Class

1M2)

380,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

3.500%

8

.815

03/25/42

391,258‌

Series

-

2022

R03

(Class

1M2)

105,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

3.000%

8

.315

04/25/42

106,651‌

Series

-

2022

R05

(Class

2M2)

580,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

3.850%

9

.165

05/25/42

602,681‌

Series

-

2022

R06

(Class

1M2)

530,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

4.650%

9

.965

06/25/42

565,332‌

Series

-

2022

R07

(Class

1M2)

183,000

(a),(d)

Connecticut

Avenue

Securities

Trust

SOFR

+

3.600%

8

.915

07/25/42

188,689‌

Series

-

2022

R08

(Class

1M2)

101

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

465,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

4.750%

10

.065

%

09/25/42

$

502,283‌

Series

-

2022

R09

(Class

2M2)

360,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

3.750%

9

.065

12/25/42

378,472‌

Series

-

2023

R01

(Class

1M2)

65,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

3.100%

8

.415

06/25/43

66,757‌

Series

-

2023

R05

(Class

1M2)

125,000

(a),(d)

Connecticut

Avenue

Securities

Trust

30

D

AVG

SOFR

+

3.900%

9

.188

07/25/43

126,560‌

Series

-

2023

R06

(Class

1B1)

103,661

(a),(d)

Credit

Suisse

Mortgage

Capital

Certificates

2

.405

10/25/66

82,485‌

Series

-

2021

NQM8

(Class

A3)

200,000

DBJPM

Mortgage

Trust

2

.340

08/15/53

148,973‌

Series

-

2020

C9

(Class

AM)

84,798

(a),(d)

Flagstar

Mortgage

Trust

4

.002

10/25/47

72,845‌

Series

-

2017

2

(Class

B3)

2,653

(a),(d)

Flagstar

Mortgage

Trust

4

.000

09/25/48

2,423‌

Series

-

2018

5

(Class

A11)

171,756

(a),(d)

Flagstar

Mortgage

Trust

2

.500

06/01/51

126,399‌

Series

-

2021

4

(Class

A21)

70,000

(a),(d)

Freddie

Mac

STACR

REMIC

Trust

30

D

AVG

SOFR

+

4.350%

9

.665

04/25/42

73,301‌

Series

-

2022

DNA3

(Class

M2)

3,408

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

4

.000

11/25/49

3,106‌

Series

-

2019

PJ2

(Class

A4)

31,016

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

01/25/51

25,185‌

Series

-

2020

PJ4

(Class

A4)

686,781

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

0

.268

03/27/51

6,762‌

Series

-

2020

PJ5

(Class

AX1)

104,321

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

03/27/51

83,895‌

Series

-

2020

PJ5

(Class

A4)

64,113

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

05/25/51

47,182‌

Series

-

2020

PJ6

(Class

A4)

1,704,915

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

0

.150

08/25/51

11,384‌

Series

-

2021

PJ3

(Class

AX1)

164,972

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

10/25/51

121,407‌

Series

-

2021

PJ5

(Class

A4)

176,751

(a),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

06/25/52

135,928‌

Series

-

2022

PJ2

(Class

A36)

77,305

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.500

07/25/51

56,890‌

Series

-

2021

PJ2

(Class

A4)

238,848

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.500

11/25/51

177,248‌

Series

-

2021

PJ6

(Class

A4)

317,144

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

233,393‌

Series

-

2021

PJ7

(Class

A4)

153,873

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

113,238‌

Series

-

2021

PJ8

(Class

A4)

94,673

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.722

01/25/52

67,186‌

Series

-

2021

PJ7

(Class

B2)

173,414

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.500

03/25/52

127,619‌

Series

-

2021

PJ10

(Class

A4)

130,717

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.500

05/01/52

109,792‌

Series

-

2022

PJ1

(Class

A8)

95,178

(a),(d)

GS

Mortgage-Backed

Securities

Trust

2

.834

05/28/52

70,160‌

Series

-

2022

PJ1

(Class

B2)

109,329

(a),(d)

GS

Mortgage-Backed

Securities

Trust

3

.000

07/25/52

84,350‌

Series

-

2022

INV1

(Class

A4)

199,443

(a),(d)

GS

Mortgage-Backed

Securities

Trust

3

.000

08/26/52

153,875‌

Series

-

2022

GR2

(Class

A4)

172,500

(a),(d)

GS

Mortgage-Backed

Securities

Trust

3

.000

09/25/52

133,088‌

Series

-

2022

HP1

(Class

A4)

130,412

(a),(d)

GS

Mortgage-Backed

Securities

Trust

3

.000

10/25/52

100,292‌

Series

-

2022

PJ5

(Class

A36)

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

102

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

114,038

(a),(d)

GS

Mortgage-Backed

Securities

Trust

3

.000

%

01/25/53

$

87,983‌

Series

-

2022

PJ6

(Class

A24)

145,000

(a),(d)

GS

Mortgage-Backed

Securities

Trust

3

.500

02/25/53

116,662‌

Series

-

2023

PJ1

(Class

A24)

26,246

(a)

HarborView

Mortgage

Loan

Trust

SOFR

1

M

+

0.734%

6

.062

08/19/45

23,629‌

Series

-

2005

11

(Class

2A1A)

400,000

(d)

Hudson

Yards

Mortgage

Trust

2

.835

08/10/38

361,458‌

Series

-

2016

10HY

(Class

A)

33,256

(a),(d)

Imperial

Fund

Mortgage

Trust

2

.051

10/25/55

29,454‌

Series

-

2020

NQM1

(Class

A3)

44,108

(a),(d)

J.P.

Morgan

Mortgage

Trust

4

.000

12/25/52

36,814‌

Series

-

2022

7

(Class

2A6A)

40,338

(a),(d)

JP

Morgan

Mortgage

Trust

LIBOR

1

M

-

0.000%

6

.565

12/25/44

38,461‌

Series

-

2015

1

(Class

B1)

20,727

(a),(d)

JP

Morgan

Mortgage

Trust

3

.500

05/25/47

17,642‌

Series

-

2017

2

(Class

A13)

21,976

(a),(d)

JP

Morgan

Mortgage

Trust

3

.500

09/25/48

18,459‌

Series

-

2018

3

(Class

A13)

57,508

(a),(d)

JP

Morgan

Mortgage

Trust

3

.500

10/25/48

47,673‌

Series

-

2018

5

(Class

A13)

44,217

(a),(d)

JP

Morgan

Mortgage

Trust

3

.542

10/26/48

42,665‌

Series

-

2017

5

(Class

A2)

2,356

(a),(d)

JP

Morgan

Mortgage

Trust

4

.000

01/25/49

2,104‌

Series

-

2018

8

(Class

A13)

2,100

(a),(d)

JP

Morgan

Mortgage

Trust

4

.000

02/25/49

1,872‌

Series

-

2018

9

(Class

A13)

2,127

(a),(d)

JP

Morgan

Mortgage

Trust

4

.000

05/25/49

1,919‌

Series

-

2019

1

(Class

A3)

7,586

(a),(d)

JP

Morgan

Mortgage

Trust

4

.000

05/25/49

6,812‌

Series

-

2019

1

(Class

A15)

15,712

(a),(d)

JP

Morgan

Mortgage

Trust

SOFR

1

M

+

1.064%

6

.379

10/25/49

15,194‌

Series

-

2019

INV1

(Class

A11)

96,802

(a),(d)

JP

Morgan

Mortgage

Trust

3

.828

06/25/50

79,404‌

Series

-

2020

1

(Class

B2)

574,581

(a),(d)

JP

Morgan

Mortgage

Trust

0

.141

07/25/51

3,765‌

Series

-

2021

3

(Class

AX1)

399,360

(a),(d)

JP

Morgan

Mortgage

Trust

0

.132

08/25/51

2,451‌

Series

-

2021

4

(Class

AX1)

636,950

(a),(d)

JP

Morgan

Mortgage

Trust

0

.137

10/25/51

4,035‌

Series

-

2021

6

(Class

AX1)

107,485

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

10/25/51

79,101‌

Series

-

2021

6

(Class

A15)

69,739

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

11/25/51

51,322‌

Series

-

2021

7

(Class

A15)

208,475

(a),(d)

JP

Morgan

Mortgage

Trust

0

.400

12/25/51

4,400‌

Series

-

2021

INV2

(Class

AX4)

95,240

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

70,089‌

Series

-

2021

8

(Class

A15)

84,601

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

62,260‌

Series

-

2021

10

(Class

A15)

144,786

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

01/25/52

106,552‌

Series

-

2021

11

(Class

A15)

80,580

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

02/25/52

59,301‌

Series

-

2021

12

(Class

A15)

202,709

(a),(d)

JP

Morgan

Mortgage

Trust

0

.500

04/25/52

7,802‌

Series

-

2021

INV6

(Class

A5X)

119,331

(a),(d)

JP

Morgan

Mortgage

Trust

3

.346

04/25/52

91,836‌

Series

-

2021

INV6

(Class

B1)

71,598

(a),(d)

JP

Morgan

Mortgage

Trust

3

.346

04/25/52

53,794‌

Series

-

2021

INV6

(Class

B2)

103

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

59,886

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

%

05/25/52

$

44,071‌

Series

-

2021

14

(Class

A15)

49,992

(a),(d)

JP

Morgan

Mortgage

Trust

2

.927

05/25/52

37,637‌

Series

-

2021

LTV2

(Class

A3)

215,537

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

06/25/52

158,619‌

Series

-

2021

15

(Class

A15)

223,453

(a),(d)

JP

Morgan

Mortgage

Trust

2

.500

07/25/52

164,444‌

Series

-

2022

1

(Class

A15)

316,946

(a),(d)

JP

Morgan

Mortgage

Trust

3

.250

07/25/52

259,202‌

Series

-

2022

LTV1

(Class

A1)

224,760

(a),(d)

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

172,848‌

Series

-

2022

2

(Class

A25)

341,557

(a),(d)

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

262,670‌

Series

-

2022

3

(Class

A25)

114,684

(a),(d)

JP

Morgan

Mortgage

Trust

3

.000

09/25/52

88,481‌

Series

-

2022

INV3

(Class

A6)

353,472

(a),(d)

JP

Morgan

Mortgage

Trust

3

.500

09/25/52

284,390‌

Series

-

2022

LTV2

(Class

A6)

181,696

(a),(d)

JP

Morgan

Mortgage

Trust

3

.000

10/25/52

140,183‌

Series

-

2022

4

(Class

A17A)

114,751

(a),(d)

JP

Morgan

Mortgage

Trust

3

.000

11/25/52

88,533‌

Series

-

2022

6

(Class

A17A)

121,446

(a),(d)

JP

Morgan

Mortgage

Trust

3

.000

12/25/52

93,699‌

Series

-

2022

7

(Class

1A17)

94,109

(a),(d)

JP

Morgan

Mortgage

Trust

5

.000

06/25/53

85,860‌

Series

-

2023

1

(Class

A15A)

94,109

(a),(d)

JP

Morgan

Mortgage

Trust

5

.500

06/25/53

88,022‌

Series

-

2023

1

(Class

A15B)

500,000

(a)

JPMBB

Commercial

Mortgage

Securities

Trust

3

.917

05/15/48

470,954‌

Series

-

2015

C29

(Class

AS)

400,000

(a)

JPMBB

Commercial

Mortgage

Securities

Trust

4

.118

05/15/48

367,108‌

Series

-

2015

C29

(Class

B)

500,000

JPMBB

Commercial

Mortgage

Securities

Trust

4

.106

08/15/48

467,502‌

Series

-

2015

C31

(Class

AS)

450,000

(a)

JPMBB

Commercial

Mortgage

Securities

Trust

4

.776

08/15/48

376,037‌

Series

-

2015

C31

(Class

B)

500,000

(a),(d)

JPMBB

Commercial

Mortgage

Securities

Trust

4

.359

03/17/49

405,773‌

Series

-

2016

C1

(Class

D1)

115,000

(a)

JPMDB

Commercial

Mortgage

Securities

Trust

3

.858

03/15/50

94,608‌

Series

-

2017

C5

(Class

AS)

500,000

(a),(d)

Manhattan

West

2

.413

09/10/39

426,064‌

Series

-

2020

1MW

(Class

B)

45,534

(a)

Merrill

Lynch

Mortgage

Investors

Trust

SOFR

1

M

+

0.634%

2

.278

01/25/37

41,996‌

Series

-

2006

WMC1

(Class

A1B)

328,128

(a)

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

4

.384

02/15/47

324,536‌

Series

-

2014

C14

(Class

AS)

123,447

(a),(d)

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

08/25/51

90,848‌

Series

-

2021

5

(Class

A9)

128,904

(a),(d)

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

109,149‌

Series

-

2021

6

(Class

A4)

104,491

(a),(d)

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

76,897‌

Series

-

2021

6

(Class

A9)

424,429

(a),(d)

Natixis

Commercial

Mortgage

Securities

Trust

SOFR

1

M

+

1.579%

5

.915

07/15/36

388,300‌

Series

-

2019

MILE

(Class

A)

100,000

(a),(d)

New

Residential

Mortgage

Loan

Trust

2

.986

09/25/59

82,609‌

Series

-

2019

NQM4

(Class

M1)

100,000

(a),(d)

NLT

Trust

2

.569

08/25/56

62,132‌

Series

-

2021

INV2

(Class

M1)

210,436

(a),(d)

OBX

Trust

2

.500

07/25/51

154,864‌

Series

-

2021

J2

(Class

A19)

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

104

Portfolio

of

Investments

(continued)

PRINCIPAL

DESCRIPTION

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

182,064

(a),(d)

OBX

Trust

4

.000

%

10/25/52

$

151,958‌

Series

-

2022

INV5

(Class

A13)

13,149

(a),(d)

OBX

Trust

SOFR

1

M

+

0.764%

4

.658

06/25/57

12,523‌

Series

-

2018

1

(Class

A2)

84,535

(a),(d)

Oceanview

Mortgage

Trust

2

.500

05/25/51

62,211‌

Series

-

2021

1

(Class

A19)

450,000

(d)

One

Bryant

Park

Trust

2

.516

09/15/54

358,446‌

Series

-

2019

OBP

(Class

A)

222,790

(a),(d)

RCKT

Mortgage

Trust

2

.500

02/25/52

163,956‌

Series

-

2022

2

(Class

A22)

91,479

(a),(d)

RCKT

Mortgage

Trust

3

.500

06/25/52

73,600‌

Series

-

2022

4

(Class

A22)

9,577

(a),(d)

Sequoia

Mortgage

Trust

3

.500

05/25/45

8,420‌

Series

-

2015

2

(Class

A1)

15,228

(a),(d)

Sequoia

Mortgage

Trust

3

.500

02/25/47

13,018‌

Series

-

2017

2

(Class

A19)

27,896

(a),(d)

Sequoia

Mortgage

Trust

3

.500

03/25/48

23,965‌

Series

-

2018

3

(Class

A1)

7,106

(a),(d)

Sequoia

Mortgage

Trust

4

.000

06/25/49

6,391‌

Series

-

2019

2

(Class

A19)

32,807

(a),(d)

Sequoia

Mortgage

Trust

3

.500

12/25/49

28,199‌

Series

-

2019

5

(Class

A19)

45,089

(a),(d)

Sequoia

Mortgage

Trust

3

.000

04/25/50

36,183‌

Series

-

2020

3

(Class

A19)

85,041

(a),(d)

Sequoia

Mortgage

Trust

2

.500

06/25/51

62,583‌

Series

-

2021

4

(Class

A19)

12,844

(a),(d)

Shellpoint

Co-Originator

Trust

3

.500

04/25/47

10,930‌

Series

-

2017

1

(Class

A19)

100,000

(a),(d)

Verus

Securitization

Trust

3

.207

11/25/59

87,370‌

Series

-

2019

4

(Class

M1)

27,441

(d)

Verus

Securitization

Trust

1

.733

05/25/65

25,282‌

Series

-

2020

5

(Class

A3)

114,060

(a),(d)

Verus

Securitization

Trust

2

.240

10/25/66

91,439‌

Series

-

2021

7

(Class

A3)

295,000

(d)

Wells

Fargo

Commercial

Mortgage

Trust

3

.153

09/15/57

251,599‌

Series

-

2015

NXS3

(Class

D)

1,965

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

4

.000

04/25/49

1,812‌

Series

-

2019

2

(Class

A17)

13,244

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.500

09/25/49

11,257‌

Series

-

2019

4

(Class

A1)

87,906

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

07/25/50

70,404‌

Series

-

2020

4

(Class

A17)

195,416

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

2

.500

06/25/51

143,811‌

Series

-

2021

2

(Class

A17)

83,492

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

08/25/51

64,417‌

Series

-

2021

INV1

(Class

A17)

96,146

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.314

08/25/51

75,040‌

Series

-

2021

INV1

(Class

B1)

90,591

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

03/25/52

69,893‌

Series

-

2022

INV1

(Class

A18)

113,239

(a),(d)

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.500

03/25/52

91,108‌

Series

-

2022

INV1

(Class

A17)

205,718

(a),(d)

Woodward

Capital

Management

3

.000

05/25/52

158,717‌

Series

-

2022

3

(Class

A21)

TOTAL

OTHER

MORTGAGE

BACKED

23,013,950‌

TOTAL

STRUCTURED

ASSETS

35,371,146‌

(Cost

$39,811,131)

SHARES

REFERENCERATE

&

SPREAD

105

Principal

denominated

in

U.S.

Dollars,

unless

otherwise

noted.

SHARES

DESCRIPTION

REFERENCERATE

&

SPREAD

VALUE

PREFERRED

STOCKS

-

0.0%

FINANCIAL

SERVICES

-

0

.0

%

2,600

(c)

Morgan

Stanley

$

65,364‌

TOTAL

FINANCIAL

SERVICES

65,364‌

TOTAL

PREFERRED

STOCKS

65,364‌

(Cost

$65,000)

TOTAL

LONG-TERM

INVESTMENTS

183,547,880‌

(Cost

$207,583,784)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.9%

REPURCHASE

AGREEMENT

-

0

.9

%

$

1,645,000

(g)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

1,645,000‌

TOTAL

REPURCHASE

AGREEMENT

1,645,000‌

TOTAL

SHORT-TERM

INVESTMENTS

1,645,000‌

(Cost

$1,645,000)

SHARES

EXP

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

1.4%

2,705,747

(h)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

5

.360

2,705,747‌

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

2,705,747‌

(Cost

$2,705,747)

TOTAL

INVESTMENTS

-

99.7%

187,898,627‌

(Cost

$211,934,531)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.3%

486,369‌

NET

ASSETS

-

100.0%

$

188,384,996‌

AVG

Average

D

Day

EUR

Euro

LIBOR

London

Interbank

Offered

Rate

M

Month

REIT

Real

Estate

Investment

Trust

REMIC

Real

Estate

Mortgage

Investment

Conduit

SOFR

Secure

Overnight

Financing

Rate

(a)

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

(b)

When-issued

or

delayed

delivery

security.

(c)

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$2,943,025.

(d)

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

(e)

Perpetual

security

(f)

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

(g)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$1,645,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

2.875%

and

maturity

date

8/15/45,

valued

at

$1,677,908.

(h)

Investments

made

with

cash

collateral

received

from

securities

on

loan.

Forward

Foreign

Currency

Contracts

Currency

Purchased

Receive

Currency

Sold

Deliver

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

$

80,819

EUR

73,005

Morgan

Stanley

Capital

Services

10/13/23

$

3,522‌

TIAA-CREF

Life

Core

Bond

Fund

September

30,

2023

106

Portfolio

of

Investments

(continued)

EUR

Euro

Credit

Default

Swaps

-

Centrally

Cleared

SOLD

Reference

Entity

Terms

of

Payments

to

be

Paid

Terms

of

Payments

to

be

Received

Counterparty

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

*

Value

Premiums

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

CDX-NAHYS41V1-5

Year

Index

Credit

event

as

specified

in

contract

5.000%

Citigroup

Global

Markets,

Inc

Quarterly

12/20/28

$

1,000,000‌

$

(

9,661‌

)

$

(

7,742‌

)

$

(

1,919‌

)

CDX-NAHYS41V1-5

Year

Index

Credit

event

as

specified

in

contract

5.000

Citigroup

Global

Markets,

Inc

Quarterly

12/20/28

11,000,000‌

(

102,697‌

)

—‌

(

12,222‌

)

Total

$

(

112,358‌

)

$

(

7,742‌

)

$

(

14,141‌

)

*

The

maximum

potential

amount

the

Fund

could

be

required

to

pay

as

a

seller

of

credit

protection

or

receive

as

a

buyer

of

credit

protection

if

a

credit

event

occurs

is

defined

under

the

terms

of

that

particular

swap

agreement.

This

amount

may

be

reduced

by

any

recoverable

assets,

if

applicable.

Portfolio

of

Investments

TIAA-CREF

Life

Balanced

Fund

September

30,

2023

107

(Unaudited)

SHARES

DESCRIPTION

VALUE

TIAA-CREF

LIFE

FUNDS—99.9%(a)

FIXED

INCOME—50.3%

3,647,817

TIAA-CREF

Life

Core

Bond

Fund

$

31,334,752‌

TOTAL

FIXED

INCOME

31,334,752‌

INTERNATIONAL

EQUITY—10.0%

731,394

TIAA-CREF

Life

International

Equity

Fund

6,216,850‌

TOTAL

INTERNATIONAL

EQUITY

6,216,850‌

U.S.

EQUITY—39.6%

378,504

TIAA-CREF

Life

Growth

Equity

Fund

5,870,597‌

381,884

TIAA-CREF

Life

Growth

&

Income

Fund

6,190,342‌

313,679

TIAA-CREF

Life

Large-Cap

Value

Fund

5,238,442‌

105,245

TIAA-CREF

Life

Real

Estate

Securities

Fund

1,227,157‌

103,043

TIAA-CREF

Life

Small-Cap

Equity

Fund

1,241,662‌

141,446

TIAA-CREF

Life

Stock

Index

Fund

4,943,521‌

TOTAL

U.S.

EQUITY

24,711,721‌

TOTAL

TIAA-CREF

LIFE

FUNDS

62,263,323‌

(Cost

$59,672,279)

PRINCIPAL

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS—0.1%

REPURCHASE

AGREEMENT—0.1%

$60,000

(b)

Fixed

Income

Clearing

Corp

(FICC)

5

.300

%

10/02/23

60,000‌

TOTAL

REPURCHASE

AGREEMENT

60,000‌

TOTAL

SHORT-TERM

INVESTMENTS

60,000‌

(Cost

$60,000)

TOTAL

INVESTMENTS—100.0%

62,323,323‌

(Cost

$59,732,279)

OTHER

ASSETS

&

LIABILITIES,

NET—(0.0)%

(

9,874‌

)

NET

ASSETS—100.0%

$

62,313,449‌

(a)

The

Fund

invests

its

assets

in

the

affiliated

TIAA-CREF

Life

Funds.

(b)

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

5.300%

dated

9/29/23

to

be

repurchased

at

$60,000

on

10/2/23,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/15/26,

valued

at

$61,283.

TIAA-CREF

Life

Funds

September

30,

2023

Notes

to

Portfolios

of

Investments

(unaudited)

108

Organization

and

Significant

Accounting

Policies

Part

F

of

Form

N-PORT

was

prepared in

accordance

with

accounting

principles

generally

accepted

in

the

United

States

of

America

(“U.S.

GAAP”)

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission related

to

interim

filings. Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report.

For

a

full

set

of

financial

statement

notes,

please

refer

to

the

most

recently

filed

annual

or

semiannual

report.

Valuation

of

Investments

The

Funds' investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Adviser,

subject

to

the

review

and

oversight

of

the

Board.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

that

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels:

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Funds'

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Fund

Level

1

Level

2

Level

3

Total

Growth

Equity

Long-Term

Investments

:

Common

stocks

$131,017,636

$7,605,859

$—

$138,623,495

Short-Term

Investments

:

Repurchase

agreement

—

533,000

—

533,000

Total

$131,017,636

$8,138,859

$—

$139,156,495

1

1

1

1

1

Growth

&

Income

Long-Term

Investments

:

Common

stocks

$167,199,589

$—

$—

$167,199,589

Short-Term

Investments

:

Repurchase

agreement

—

202,000

—

202,000

Total

$167,199,589

$202,000

$—

$167,401,589

1

1

1

1

1

Large-Cap

Value

Long-Term

Investments

:

Common

stocks

$74,170,779

$—

$160

$74,170,939

Short-Term

Investments

:

Repurchase

agreement

—

650,000

—

650,000

Total

$74,170,779

$650,000

$160

$74,820,939

1

1

1

1

1

Real

Estate

Securities

Long-Term

Investments

:

Common

stocks

$61,164,513

$—

$—

$61,164,513

Short-Term

Investments

:

Repurchase

agreement

—

445,000

—

445,000

Total

$61,164,513

$445,000

$—

$61,609,513

1

1

1

1

1

109

Fund

Level

1

Level

2

Level

3

Total

Small-Cap

Equity

Long-Term

Investments

:

Common

stocks

$58,285,426

$—

$—

$58,285,426

Short-Term

Investments

:

Repurchase

agreement

—

1,290,000

—

1,290,000

Investments

purchased

with

collateral

from

securities

lending

81,190

—

—

81,190

Investments

in

Derivatives

:

Futures

contracts*

(43,816)

—

—

(43,816)

Total

$58,322,800

$1,290,000

$—

$59,612,800

1

1

1

1

1

Social

Choice

Equity

Long-Term

Investments

:

Common

stocks

$79,770,772

$—

$—

$79,770,772

Short-Term

Investments

:

Repurchase

agreement

—

1,135,000

—

1,135,000

Investments

purchased

with

collateral

from

securities

lending

109,908

—

—

109,908

Investments

in

Derivatives

:

Futures

contracts*

(47,311)

—

—

(47,311)

Total

$79,833,369

$1,135,000

$—

$80,968,369

1

1

1

1

1

Stock

Index

Long-Term

Investments

:

Common

stocks

$696,178,664

$54,624

$4,151

$696,237,439

Rights/Warrants

—

—

17

17

Short-Term

Investments

:

Repurchase

agreement

—

3,408,000

—

3,408,000

Investments

purchased

with

collateral

from

securities

lending

1,382,018

—

—

1,382,018

Investments

in

Derivatives

:

Futures

contracts*

(101,848)

—

—

(101,848)

Total

$697,458,834

$3,462,624

$4,168

$700,925,626

1

1

1

1

1

International

Equity

Long-Term

Investments

:

Common

stocks

$8,187,811

$117,772,497

$—

$125,960,308

Short-Term

Investments

:

Repurchase

agreement

—

3,223,000

—

3,223,000

Total

$8,187,811

$120,995,497

$—

$129,183,308

1

1

1

1

1

Core

Bond

Long-Term

Investments

:

Bank

loan

obligations

$—

$7,865,230

$—

$7,865,230

Corporate

bonds

—

73,792,330

—

73,792,330

Government

bonds

—

66,647,127

—

66,647,127

Structured

assets

—

35,177,829

—

35,177,829

Preferred

stocks

65,364

—

—

65,364

Short-Term

Investments

:

Repurchase

agreement

—

1,645,000

—

1,645,000

Investments

purchased

with

collateral

from

securities

lending

2,705,747

—

—

2,705,747

Investments

in

Derivatives

:

Forward

foreign

currency

contracts*

—

3,522

—

3,522

Credit

default

swap

contracts*

—

(14,141)

—

(14,141)

Total

$2,771,111

$185,116,897

$—

$187,888,008

1

1

1

1

1

Balanced

Registered

investment

companies

$62,263,323

$—

$—

$62,263,323

Short-term

investments

—

60,000

—

60,000

Total

$62,263,323

$60,000

$—

$62,323,323

1

1

1

1

1

*

Represents

net

unrealized

appreciation

(depreciation).

A10942-D

(11/23)