TIAA-CREF FUNDS - Growth & Income Fund

TIAA-CREF FUNDS

GROWTH & INCOME FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.5%
AUTOMOBILES & COMPONENTS - 0.6%
	313,902		Aptiv plc	$	27,513,510
	1,539,880		Ford Motor Co		14,675,057
	1,000		General Motors Co		40,340
			TOTAL AUTOMOBILES & COMPONENTS		42,228,907
BANKS - 5.7%
	3,759,271		Bank of America Corp		115,334,435
	579,114		Citigroup, Inc		41,209,752
	972,470		Citizens Financial Group, Inc		36,234,232
	1,155,959		JPMorgan Chase & Co		134,091,244
	909,294		US Bancorp		51,966,152
			TOTAL BANKS		378,835,815
CAPITAL GOODS - 6.4%
	92,445		Boeing Co		31,540,385
	128,976		Carlisle Cos, Inc		18,599,629
	219,654	n	Deere & Co		36,385,685
	362,531		Dover Corp		35,111,127
	1,083,132		General Electric Co		11,318,730
	501,215		Honeywell International, Inc		86,439,539
	345,683		Ingersoll-Rand plc		42,747,160
	481,017		ITT, Inc		30,025,081
	269,526	*	L3Harris Technologies, Inc		55,953,597
	100,347	n	Northrop Grumman Corp		34,676,913
	161,275	n	Rockwell Automation, Inc		25,929,795
	175,108		Woodward Governor Co		19,619,100
			TOTAL CAPITAL GOODS		428,346,741
COMMERCIAL & PROFESSIONAL SERVICES - 1.3%
	212,449		Verisk Analytics, Inc		32,232,762
	467,766		Waste Management, Inc		54,728,622
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		86,961,384
CONSUMER DURABLES & APPAREL - 1.7%
	576,364	*,e	Levi Strauss & Co		10,985,498
	111,468	*	Lululemon Athletica, Inc		21,300,420
	1,933,732	*,e	Mattel, Inc		28,232,487
	698,080	*,g	Spin Master Corp		19,834,823
	480,918		Tapestry, Inc		14,874,794
	562,892		Wolverine World Wide, Inc		15,282,518
			TOTAL CONSUMER DURABLES & APPAREL		110,510,540

1

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
CONSUMER SERVICES - 0.8%
	150,802	e	Papa John’s International, Inc	$	6,698,625
	306,280	n	Royal Caribbean Cruises Ltd		35,632,615
	58,606	n	Strategic Education, Inc		10,431,282
			TOTAL CONSUMER SERVICES		52,762,522
DIVERSIFIED FINANCIALS - 3.2%
	745,150		Blackstone Group, Inc		35,752,297
	310,982	n	CME Group, Inc		60,461,120
	203,669		Discover Financial Services		18,277,256
	1,239,750		Morgan Stanley		55,243,260
	747,206		Voya Financial, Inc		41,970,561
			TOTAL DIVERSIFIED FINANCIALS		211,704,494
ENERGY - 4.4%
	317,017	*	Apergy Corp		10,312,563
	703,309		Chevron Corp		86,584,371
	361,505		Concho Resources, Inc		35,311,808
	425,377		Delek US Holdings, Inc		18,325,241
	155,373		Diamondback Energy, Inc		16,070,229
	307,345		EOG Resources, Inc		26,385,568
	476,744		Exxon Mobil Corp		35,450,684
	280,164	n	Hess Corp		18,165,834
	323,371		ONEOK, Inc		22,661,840
	1,388,240	*	Parsley Energy, Inc		23,030,902
			TOTAL ENERGY		292,299,040
FOOD & STAPLES RETAILING - 1.3%
	164,108	n	Costco Wholesale Corp		45,233,088
	358,259		Walmart, Inc		39,544,628
			TOTAL FOOD & STAPLES RETAILING		84,777,716
FOOD, BEVERAGE & TOBACCO - 4.6%
	1,009,057		Coca-Cola Co		53,106,670
	377,368		Coca-Cola European Partners plc (Class A)		20,860,903
	829,261	n	ConAgra Brands, Inc		23,940,765
	554,286		Diageo plc		23,113,824
	532,819		General Mills, Inc		28,298,017
	143,518		Hershey Co		21,777,422
	1,023,103		Mondelez International, Inc		54,725,779
	281,326	*	Monster Beverage Corp		18,137,087
	505,027		PepsiCo, Inc		64,547,501
			TOTAL FOOD, BEVERAGE & TOBACCO		308,507,968
HEALTH CARE EQUIPMENT & SERVICES - 7.5%
	782,105		Abbott Laboratories		68,121,345
	162,183	n	Anthem, Inc		47,780,734
	1,362,933	*	Boston Scientific Corp		57,870,135
	299,946		Danaher Corp		42,142,413
	123,573	*,n	DexCom, Inc		19,384,897
	150,820	*	Edwards Lifesciences Corp		32,102,037
	132,367	*,n	Guardant Health, Inc		12,441,174
	198,203	n	HCA Healthcare, Inc		26,462,083

2

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	110,454	*	IDEXX Laboratories, Inc	$	31,153,551
	158,196	*	Neogen Corp		11,295,194
	104,135		STERIS plc		15,501,536
	81,926		Stryker Corp		17,186,436
	281,594		UnitedHealth Group, Inc		70,119,722
	856,738	*,n	Wright Medical Group NV		24,725,459
	185,239		Zimmer Biomet Holdings, Inc		25,031,346
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		501,318,062
HOUSEHOLD & PERSONAL PRODUCTS - 2.5%
	254,639		Colgate-Palmolive Co		18,267,802
	212,699		Estee Lauder Cos (Class A)		39,177,029
	815,866		Procter & Gamble Co		96,304,823
	165,844		Reckitt Benckiser Group plc		12,820,284
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		166,569,938
INSURANCE - 2.2%
	227,302		Cincinnati Financial Corp		24,396,324
	897,714		Hartford Financial Services Group, Inc		51,735,258
	461,049		Metlife, Inc		22,785,042
	198,330	*	Palomar Holdings, Inc		5,682,154
	189,952		Progressive Corp		15,382,313
	153,892		Willis Towers Watson plc		30,042,796
			TOTAL INSURANCE		150,023,887
MATERIALS - 3.6%
	238,993		CF Industries Holdings, Inc		11,844,493
	875,852		Corteva, Inc		25,837,634
	272,909		Dow, Inc		13,219,712
	458,433		DuPont de Nemours, Inc		33,080,525
	393,496	n	Linde plc		75,267,915
	664,092		Newmont Mining Corp		24,252,640
	413,135	n	Nutrien Ltd		22,643,930
	237,838		Vulcan Materials Co		32,904,887
			TOTAL MATERIALS		239,051,736
MEDIA & ENTERTAINMENT - 10.4%
	166,434	*	Alphabet, Inc (Class C)		202,496,919
	1,249,491		Comcast Corp (Class A)		53,940,527
	647,879	*	Facebook, Inc		125,837,538
	175,397	*,n	NetFlix, Inc		56,651,477
	29,400		Nintendo Co Ltd		10,816,046
	520,370	*,e	Snap, Inc		8,742,216
	45,188	*	Spotify Technology S.A.		7,001,429
	290,022	*,n	Take-Two Interactive Software, Inc		35,533,495
	432,375	*	Twitter, Inc		18,293,786
	928,285		Viacom, Inc (Class B)		28,173,450
	540,743		Vivendi Universal S.A.		15,019,158
	766,408		Walt Disney Co		109,604,008
	318,517	e	World Wrestling Entertainment, Inc (Class A)		23,181,667
			TOTAL MEDIA & ENTERTAINMENT		695,291,716

3

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.1%
	801,317		AbbVie, Inc	$	53,383,739
	462,996	*	Acadia Pharmaceuticals, Inc		11,380,442
	249,571	*,e	Allogene Therapeutics, Inc		7,736,701
	327,900		AstraZeneca plc		28,328,527
	1,353,412	*	Avantor, Inc		23,806,517
	233,734	*,n	Biohaven Pharmaceutical Holding Co Ltd		10,059,911
	197,530	*	BioMarin Pharmaceutical, Inc		15,668,080
	112,168	*	Bluebird Bio, Inc		14,719,807
	278,205		Daiichi Sankyo Co Ltd		16,905,696
	230,809		Eli Lilly & Co		25,146,640
	169,596	*,n	Exact Sciences Corp		19,522,196
	76,901	*,e	GW Pharmaceuticals plc (ADR)		12,481,032
	210,230	*	IQVIA Holdings, Inc		33,462,309
	127,372	*,n	Jazz Pharmaceuticals plc		17,753,109
	72,188		Lonza Group AG.		24,728,259
	693,325		Merck & Co, Inc		57,539,042
	244,791	*,n	Nektar Therapeutics		6,966,752
	159,943	*	Neurocrine Biosciences, Inc		15,416,906
	337,694		Novo Nordisk AS		16,215,836
	1,881,023		Pfizer, Inc		73,058,933
	105,102	*	Sage Therapeutics, Inc		16,852,055
	339,635		Sanofi-Aventis		28,302,413
	96,157		Vifor Pharma AG.		14,231,849
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		543,666,751
REAL ESTATE - 1.3%
	236,510		American Tower Corp		50,050,246
	274,595		Outfront Media, Inc		7,463,492
	381,165		Prologis, Inc		30,725,711
			TOTAL REAL ESTATE		88,239,449
RETAILING - 5.7%
	104,580	*	Amazon.com, Inc		195,227,852
	359,459		Best Buy Co, Inc		27,509,397
	844,311	*	BJ’s Wholesale Club Holdings, Inc		19,891,967
	445,477		Home Depot, Inc		95,193,980
	264,515		Kohl’s Corp		14,246,778
	174,403	n	Tiffany & Co		16,379,930
	46,702	*,n	Ulta Beauty, Inc		16,310,674
			TOTAL RETAILING		384,760,578
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.1%
	1,153,437	*,n	Advanced Micro Devices, Inc		35,122,157
	69,349		Broadcom, Inc		20,110,516
	383,089	*	Cree, Inc		23,820,474
	121,353	*	Inphi Corp		7,306,664
	787,259		Intel Corp		39,795,943
	1,329,769		Marvell Technology Group Ltd		34,919,734
	183,808	n	Monolithic Power Systems, Inc		27,232,993

4

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	138,973	n	NVIDIA Corp	$	23,447,525
	560,384		Qualcomm, Inc		40,997,693
	112,352	e,n	Universal Display Corp		23,715,260
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		276,468,959
SOFTWARE & SERVICES - 12.1%
	133,921	*	Adobe, Inc		40,023,630
	134,189		Dassault Systemes S.A.		20,412,361
	256,650		Fidelity National Information Services, Inc		34,198,613
	280,121	*	Fiserv, Inc		29,533,154
	75,405	*	HubSpot, Inc		13,476,382
	234,760	n	International Business Machines Corp		34,800,822
	232,918	*,n	LiveRamp Holdings, Inc		12,272,449
	394,000		MasterCard, Inc (Class A)		107,274,380
	426,177	*	Medallia, Inc		16,983,153
	2,140,156		Microsoft Corp		291,639,058
	551,574	*	PayPal Holdings, Inc		60,893,770
	106,100	*	Proofpoint, Inc		13,389,820
	377,362	*	salesforce.com, Inc		58,302,429
	88,750	*,n	ServiceNow, Inc		24,618,363
	235,266	*	Synopsys, Inc		31,233,914
	663,594	*,n	Teradata Corp		24,300,812
			TOTAL SOFTWARE & SERVICES		813,353,110
TECHNOLOGY HARDWARE & EQUIPMENT - 7.2%
	1,211,130	n	Apple, Inc		258,019,135
	1,926,788		Cisco Systems, Inc		106,744,055
	389,581	*	Keysight Technologies, Inc		34,875,291
	262,643	n	Motorola Solutions, Inc		43,588,233
	4,299,798	e	Nokia Corp		23,261,907
	1,125,990	*	Pure Storage, Inc		17,047,489
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		483,536,110
TELECOMMUNICATION SERVICES - 1.0%
	1,049,912		AT&T, Inc		35,749,503
	600,159		Verizon Communications, Inc		33,170,788
			TOTAL TELECOMMUNICATION SERVICES		68,920,291
TRANSPORTATION - 1.7%
	747,384	n	CSX Corp		52,615,834
	267,073		Delta Air Lines, Inc		16,302,136
	170,081		DSV AS		16,233,177
	117,535	*,e	Lyft, Inc (Class A)		7,154,355
	159,625		United Parcel Service, Inc (Class B)		19,070,399
			TOTAL TRANSPORTATION		111,375,901
UTILITIES - 2.1%
	255,691		Alliant Energy Corp		12,666,932
	229,675		Ameren Corp		17,384,101
	215,920		Entergy Corp		22,805,470
	893,281		FirstEnergy Corp		39,277,565
	241,086		NextEra Energy, Inc		49,945,787

5

TIAA-CREF FUNDS - Growth & Income Fund

SHARES		COMPANY	VALUE
		TOTAL UTILITIES	$	142,079,855
		TOTAL COMMON STOCKS		6,661,591,470
		(Cost $4,407,783,220)
PURCHASED OPTIONS - 0.0%
FOOD, BEVERAGE & TOBACCO - 0.0%
	32,000	Hostess Brands, Inc		9,600
		TOTAL FOOD, BEVERAGE & TOBACCO		9,600
		TOTAL PURCHASED OPTIONS		9,600
		(Cost $11,520)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 1.5%
GOVERNMENT AGENCY DEBT - 0.5%
$	30,080,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		30,080,000
			TOTAL GOVERNMENT AGENCY DEBT						30,080,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.0%
	69,602,898	c	State Street Navigator Securities Lending Government Money Market Portfolio						69,602,898
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						69,602,898
			TOTAL SHORT-TERM INVESTMENTS						99,682,898
			(Cost $99,682,898)
			TOTAL INVESTMENTS - 101.0%						6,761,283,968
			(Cost $4,507,477,638)
			OTHER ASSETS & LIABILITIES, NET - (1.0)%						(67,459,072	)
			NET ASSETS - 100.0%					$	6,693,824,896

	Abbreviation(s):
ADR	American Depositary Receipt
*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $102,197,595.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities was $19,834,823 or 0.3% of net assets.
n	All or a portion of these securities have been segregated by the custodian to cover requirements on open written options contracts.

6

TIAA-CREF FUNDS - Growth & Income Fund

Purchased options outstanding as of July 31, 2019 were as follows:
Description/underlying investment	Number of contracts		Notional amount			Exercise price		Expiration date	Value
Hostess Brands, Inc, Call		320	$	11,520		$	15.00	09/20/19	$	9,600
Written options outstanding as of July 31, 2019 were as follows:
Description/underlying investment	Number of contracts		Notional amount			Exercise price		Expiration date	Value
Activision Blizzard, Inc, Put		920	$	(256,677	)	$	42.50	11/15/19	$	(115,000	)
Advanced Micro Devices, Inc, Put		900		(17,100	)		28.00	08/16/19		(17,100	)
Amphenol Corp, Put		475		(21,831	)		85.00	09/20/19		(22,562	)
Anthem, Inc, Put		160		(223,675	)		240.00	09/20/19		(9,840	)
Apple, Inc, Call		224		(81,310	)		250.00	01/17/20		(48,160	)
Apple, Inc, Call		448		(332,454	)		240.00	06/19/20		(412,160	)
Apple, Inc, Call		224		(171,901	)		245.00	06/19/20		(171,901	)
Apple, Inc, Put		448		(46,591	)		170.00	09/20/19		(55,104	)
Apple, Inc, Put		224		(147,998	)		170.00	10/18/19		(13,216	)
Apple, Inc, Put		448		(254,181	)		170.00	06/19/20		(190,848	)
Apple, Inc, Put		448		(471,734	)		190.00	06/19/20		(394,240	)
Arista Networks, Inc, Put		160		(155,147	)		210.00	11/15/19		(64,000	)
Biohaven Pharmaceutical Holding Co Ltd, Call		240		(24,230	)		55.00	08/16/19		(6,000	)
Biohaven Pharmaceutical Holding Co Ltd, Put		640		(782,679	)		50.00	01/17/20		(777,600	)
Cigna Corp, Put		235		(173,192	)		145.00	01/17/20		(101,050	)
CME Group, Inc, Call		200		(102,590	)		210.00	12/20/19		(72,000	)
CME Group, Inc, Put		200		(69,591	)		170.00	12/20/19		(53,000	)
Coherent, Inc, Put		235		(242,362	)		110.00	11/15/19		(75,200	)
ConAgra Brands, Inc, Put		277		(42,380	)		22.00	09/20/19		(2,770	)
ConAgra Brands, Inc, Put		829		(119,326	)		23.00	09/20/19		(8,290	)
ConAgra Brands, Inc, Put		28		(10,584	)		26.00	09/20/19		(840	)
ConAgra Brands, Inc, Put		553		(70,783	)		24.00	12/20/19		(30,415	)
Constellation Brands, Inc, Put		175		(61,161	)		180.00	10/18/19		(63,875	)
Costco Wholesale Corp, Call		200		(205,796	)		280.00	01/17/20		(272,000	)
Costco Wholesale Corp, Put		200		(115,598	)		245.00	01/17/20		(96,200	)
CSX Corp, Put		600		(26,543	)		65.00	08/16/19		(7,800	)
CVS Health Corp, Put		500		(24,000	)		50.00	08/16/19		(7,000	)
CVS Health Corp, Put		1,500		(468,288	)		52.50	11/15/19		(303,000	)
Deckers Outdoor Corp, Put		300		(33,899	)		135.00	09/20/19		(28,500	)
Deere & Co, Put		260		(15,080	)		140.00	08/16/19		(6,760	)
DexCom, Inc, Put		320		(133,963	)		100.00	09/20/19		(14,400	)
DexCom, Inc, Put		320		(186,544	)		100.00	12/20/19		(64,000	)
DISH Network Corp, Put		510		(139,228	)		27.50	01/17/20		(68,850	)
Domino’s Pizza, Inc, Put		160		(15,354	)		220.00	08/16/19		(4,800	)
Exact Sciences Corp, Call		795		(209,081	)		145.00	10/18/19		(87,450	)
Exact Sciences Corp, Put		450		(33,282	)		85.00	09/20/19		(38,250	)
FedEx Corp, Put		157		(359,368	)		190.00	01/17/20		(383,473	)
Guardant Health, Inc, Call		240		(39,830	)		110.00	08/16/19		(19,200	)
Hain Celestial Group, Inc, Put		1,100		(602,792	)		23.00	01/17/20		(313,500	)
HCA Healthcare, Inc, Put		400		(37,584	)		115.00	09/20/19		(26,800	)
Hess Corp, Call		300		(16,500	)		75.00	09/20/19		(16,500	)
Humana, Inc, Put		400		(507,178	)		245.00	11/15/19		(119,000	)
International Business Machines Corp, Put		322		(106,348	)		125.00	11/15/19		(34,132	)
Intuitive Surgical, Inc, Put		75		(53,067	)		445.00	10/18/19		(36,750	)
Jazz Pharmaceuticals plc, Put		275		(215,865	)		125.00	12/20/19		(155,375	)
Linde plc, Put		225		(24,291	)		185.00	08/16/19		(49,500	)
LiveRamp Holdings, Inc, Put		600		(49,397	)		40.00	08/16/19		(9,000	)
M&T Bank Corp, Put		320		(53,407	)		150.00	09/20/19		(32,800	)

7

TIAA-CREF FUNDS - Growth & Income Fund

Description/underlying investment	Number of contracts		Notional amount			Exercise price		Expiration date	Value
Micron Technology, Inc, Put		630	$	(198,389	)	$	34.00	01/17/20	$	(82,530	)
Monolithic Power Systems, Inc, Put		240		(179,447	)		120.00	09/20/19		(21,600	)
Motorola Solutions, Inc, Call		320		(136,832	)		165.00	01/17/20		(386,560	)
Motorola Solutions, Inc, Call		320		(130,545	)		185.00	01/17/20		(113,600	)
Motorola Solutions, Inc, Put		640		(150,397	)		155.00	09/20/19		(144,000	)
Motorola Solutions, Inc, Put		320		(122,557	)		130.00	10/18/19		(22,720	)
Nektar Therapeutics, Put		400		(98,410	)		26.00	11/15/19		(117,000	)
Nektar Therapeutics, Put		400		(248,391	)		32.00	01/17/20		(266,000	)
NetFlix, Inc, Put		160		(104,097	)		295.00	08/30/19		(38,720	)
Nevro Corp, Put		500		(44,499	)		40.00	08/16/19		(18,750	)
Northrop Grumman Corp, Call		77		(28,720	)		390.00	01/17/20		(51,590	)
Northrop Grumman Corp, Put		205		(136,937	)		280.00	01/17/20		(83,025	)
Northrop Grumman Corp, Put		77		(45,660	)		290.00	01/17/20		(40,425	)
Nutanix, Inc, Put		755		(203,212	)		30.00	10/18/19		(570,025	)
Nutrien Ltd, Put		610		(82,325	)		45.00	09/20/19		(13,725	)
NVIDIA Corp, Call		240		(25,008	)		195.00	08/16/19		(13,680	)
PNC Financial Services Group, Inc, Put		320		(116,146	)		105.00	11/15/19		(16,640	)
PVH Corp, Put		480		(367,344	)		85.00	01/17/20		(312,000	)
PVH Corp, Put		240		(221,117	)		90.00	01/17/20		(211,200	)
Rockwell Automation, Inc, Put		225		(93,983	)		140.00	10/18/19		(34,312	)
Royal Caribbean Cruises Ltd, Put		320		(22,080	)		100.00	08/16/19		(3,200	)
ServiceNow, Inc, Call		220		(19,098	)		300.00	08/16/19		(20,900	)
ServiceNow, Inc, Call		220		(406,552	)		320.00	11/15/19		(146,300	)
ServiceNow, Inc, Call		110		(61,518	)		370.00	11/15/19		(12,925	)
ServiceNow, Inc, Put		110		(23,540	)		250.00	08/02/19		(1,100	)
ServiceNow, Inc, Put		110		(49,298	)		190.00	08/16/19		(1,430	)
ServiceNow, Inc, Put		220		(46,859	)		250.00	08/16/19		(19,800	)
ServiceNow, Inc, Put		220		(54,229	)		255.00	08/23/19		(48,400	)
ServiceNow, Inc, Put		220		(184,356	)		250.00	11/15/19		(222,200	)
Strategic Education, Inc, Put		160		(31,679	)		160.00	09/20/19		(31,679	)
Take-Two Interactive Software, Inc, Put		320		(81,947	)		80.00	09/20/19		(8,800	)
Teladoc Health, Inc, Put		315		(154,660	)		45.00	10/18/19		(17,325	)
Teladoc Health, Inc, Put		315		(187,228	)		45.00	12/20/19		(35,438	)
Teradata Corp, Call		500		(35,684	)		47.50	12/20/19		(15,000	)
Teradata Corp, Put		500		(80,548	)		35.00	10/18/19		(68,750	)
Tiffany & Co, Put		477		(1,110,442	)		105.00	01/17/20		(677,340	)
Tiffany & Co, Put		477		(1,289,314	)		110.00	01/17/20		(858,600	)
Tiffany & Co, Put		477		(243,241	)		82.50	01/17/20		(145,485	)
Ulta Beauty, Inc, Call		84		(117,264	)		390.00	09/20/19		(32,760	)
Universal Display Corp, Call		640		(637,318	)		240.00	11/15/19		(960,000	)
Universal Display Corp, Put		320		(130,836	)		170.00	09/20/19		(77,440	)
WellCare Health Plans, Inc, Put		160		(84,479	)		220.00	09/20/19		(9,920	)
WellCare Health Plans, Inc, Put		471		(296,347	)		230.00	12/20/19		(116,572	)
WellCare Health Plans, Inc, Put		157		(166,096	)		240.00	12/20/19		(44,745	)
Wright Medical Group NV, Put		1,000		(82,998	)		22.50	11/15/19		(27,500	)
Xilinx, Inc, Put		160		(42,879	)		92.50	09/20/19		(8,000	)
Xilinx, Inc, Put		160		(49,279	)		95.00	09/20/19		(10,080	)
Xilinx, Inc, Put		320		(123,309	)		95.00	12/20/19		(100,800	)
Zendesk Inc, Put		520		(58,759	)		75.00	09/20/19		(58,759	)
Total		35,662	$	(16,157,613	)				$	(11,239,561	)

8

TIAA-CREF FUNDS - Large-Cap Growth Fund

TIAA-CREF FUNDS

LARGE-CAP GROWTH FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.5%
CAPITAL GOODS - 3.3%
	684,894		Airbus SE	$	96,817,208
	148,537	*	Middleby Corp		19,960,402
	134,578		Roper Industries, Inc		48,939,290
	70,034		W.W. Grainger, Inc		20,381,995
			TOTAL CAPITAL GOODS		186,098,895
COMMERCIAL & PROFESSIONAL SERVICES - 0.9%
	800,263	*	IHS Markit Ltd		51,552,942
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		51,552,942
CONSUMER DURABLES & APPAREL - 3.5%
	357,285		Essilor International S.A.		48,364,343
	1,594,950		Nike, Inc (Class B)		137,213,549
	487,377	*	Under Armour, Inc (Class A)		11,243,787
			TOTAL CONSUMER DURABLES & APPAREL		196,821,679
CONSUMER SERVICES - 0.5%
	29,723	*	Chipotle Mexican Grill, Inc (Class A)		23,645,538
	57,874		Restaurant Brands International, Inc		4,265,314
			TOTAL CONSUMER SERVICES		27,910,852
DIVERSIFIED FINANCIALS - 2.7%
	872,784		Blackstone Group, Inc		41,876,176
	588,875		IntercontinentalExchange Group, Inc		51,738,557
	245,887		S&P Global, Inc		60,230,021
			TOTAL DIVERSIFIED FINANCIALS		153,844,754
FOOD, BEVERAGE & TOBACCO - 1.6%
	1,287,934		Coca-Cola Co		67,783,967
	910,310		Keurig Dr Pepper, Inc		25,616,123
			TOTAL FOOD, BEVERAGE & TOBACCO		93,400,090
HEALTH CARE EQUIPMENT & SERVICES - 4.5%
	615,989	*	Alcon, Inc		36,189,354
	228,768	*	Edwards Lifesciences Corp		48,693,269
	82,237	*	Guardant Health, Inc		7,729,455
	214,200	*	Intuitive Surgical, Inc		111,279,042
	246,499		Stryker Corp		51,710,560
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		255,601,680
MATERIALS - 3.5%
	920,560		Corteva, Inc		27,156,520
	439,086		Linde plc		83,988,370

9

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	174,324		Sherwin-Williams Co	$	89,435,185
			TOTAL MATERIALS		200,580,075
MEDIA & ENTERTAINMENT - 16.8%
	970,643		Activision Blizzard, Inc		47,309,140
	132,868	*	Alphabet, Inc (Class A)		161,859,798
	132,854	*	Alphabet, Inc (Class C)		161,640,805
	1,106,186	*	Facebook, Inc		214,854,507
	372,839	*	IAC/InterActiveCorp		89,127,163
	326,882	*	NetFlix, Inc		105,579,617
	1,243,501		Tencent Holdings Ltd		57,938,397
	456,013	*	Twitter, Inc		19,293,910
	658,925		Walt Disney Co		94,232,864
			TOTAL MEDIA & ENTERTAINMENT		951,836,201
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 10.2%
	259,996	*	Alexion Pharmaceuticals, Inc		29,454,947
	116,993	n	Amgen, Inc		21,828,554
	1,354,344		AstraZeneca plc		117,006,926
	1,854,006	*	Avantor, Inc		32,611,966
	307,050	*	BioMarin Pharmaceutical, Inc		24,355,206
	304,200		Daiichi Sankyo Co Ltd		18,485,335
	460,372		Eli Lilly & Co		50,157,529
	192,314	*	Illumina, Inc		57,574,965
	334,814	*	Incyte Corp		28,432,405
	177,544	*	IQVIA Holdings, Inc		28,259,678
	138,305		Lonza Group AG.		47,376,876
	496,501		Merck & Co, Inc		41,204,618
	121,791		Novartis AG. (ADR)		11,153,620
	220,238	*	Vertex Pharmaceuticals, Inc		36,696,056
	790,000	*,g	Wuxi Biologics Cayman, Inc		8,395,536
	253,071		Zoetis, Inc		29,075,327
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		582,069,544
RETAILING - 10.1%
	165,188	*	Amazon.com, Inc		308,369,655
	639,352		Expedia, Inc		84,867,585
	369,648		Home Depot, Inc		78,990,081
	58,210		Kering		30,066,118
	535,722		Kohl’s Corp		28,853,987
	116,884	*	Ulta Beauty, Inc		40,821,737
			TOTAL RETAILING		571,969,163
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.4%
	999,021	*	Advanced Micro Devices, Inc		30,420,190
	201,016		Broadcom, Inc		58,292,630
	138,840		Lam Research Corp		28,963,412
	193,289		Qualcomm, Inc		14,141,023
	579,767		Texas Instruments, Inc		72,476,672
	385,480		Xilinx, Inc		44,025,671
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		248,319,598

10

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
SOFTWARE & SERVICES - 30.6%
	444,714	*	Adobe, Inc	$	132,907,226
	48,532	*,g	Adyen NV		36,670,089
	842,980	*	Akamai Technologies, Inc		74,291,827
	664,757		Automatic Data Processing, Inc		110,695,336
	194,899		Broadridge Financial Solutions, Inc		24,775,561
	169,445		Dassault Systemes S.A.		25,775,380
	708,241	*	GoDaddy, Inc		51,970,725
	521,142		Intuit, Inc		144,517,888
	827,757		MasterCard, Inc (Class A)		225,373,398
	3,018,845		Microsoft Corp		411,378,008
	1,263,717	*	PayPal Holdings, Inc		139,514,357
	882,411	*	salesforce.com, Inc		136,332,500
	247,873	*	ServiceNow, Inc		68,757,491
	71,350	*	Square, Inc		5,737,253
	75		TiVo Corp		569
	79,582	*	Twilio, Inc		11,070,652
	770,066		Visa, Inc (Class A)		137,071,748
			TOTAL SOFTWARE & SERVICES		1,736,840,008
TECHNOLOGY HARDWARE & EQUIPMENT - 6.0%
	756,605	n	Apple, Inc		161,187,129
	1,479,373		Cisco Systems, Inc		81,957,264
	264,998	*	Keysight Technologies, Inc		23,722,621
	346,905		Motorola Solutions, Inc		57,572,354
	3,380,541	e	Nokia Corp		18,288,727
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		342,728,095
TELECOMMUNICATION SERVICES - 0.4%
	401,815		Softbank Group Corp		20,515,932
			TOTAL TELECOMMUNICATION SERVICES		20,515,932
TRANSPORTATION - 0.5%
	509,922	*,e	Lyft, Inc (Class A)		31,038,952
			TOTAL TRANSPORTATION		31,038,952
			TOTAL COMMON STOCKS		5,651,128,460
			(Cost $3,439,429,704)

PRINCIPAL		ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 1.1%
GOVERNMENT AGENCY DEBT - 0.1%
$	5,740,000	Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	5,740,000
		TOTAL GOVERNMENT AGENCY DEBT					5,740,000
TREASURY DEBT - 0.4%
	7,230,000	United States Treasury Bill		2.164		08/06/19	7,227,988
	5,232,000	United States Treasury Bill		2.108		08/22/19	5,225,848
	5,242,000	United States Treasury Bill		2.108		08/27/19	5,234,574

11

TIAA-CREF FUNDS - Large-Cap Growth Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	4,220,000		United States Treasury Bill		2.081	%	09/10/19	$	4,210,423
			TOTAL TREASURY DEBT						21,898,833
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.6%
	32,797,468	c	State Street Navigator Securities Lending Government Money Market Portfolio						32,797,468
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						32,797,468
			TOTAL SHORT-TERM INVESTMENTS						60,436,301
			(Cost $60,435,163)
			TOTAL INVESTMENTS - 100.6%						5,711,564,761
			(Cost $3,499,864,867)
			OTHER ASSETS & LIABILITIES, NET - (0.6)%						(31,539,158	)
			NET ASSETS - 100.0%					$	5,680,025,603

	Abbreviation(s):
ADR	American Depositary Receipt

*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $31,006,886.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities was $45,065,625 or 0.8% of net assets.
n	All or a portion of these securities have been segregated by the custodian to cover requirements on open written options contracts.

Written options outstanding as of July 31, 2019 were as follows:

Description/underlying investment	Number of contracts	Notional amount		Exercise price		Expiration date	Value
Amgen, Inc, Put	156		$(21,677)		$165.00	08/16/19		$(2,964)

12

TIAA-CREF FUNDS - Large-Cap Value Fund

TIAA-CREF FUNDS

LARGE-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.4%
BANKS - 15.9%
	7,450,000		Bank of America Corp	$	228,566,000
	2,750,000		Citigroup, Inc		195,690,000
	2,475,000		JPMorgan Chase & Co		287,100,000
	370,000		PNC Financial Services Group, Inc		52,873,000
	1,210,000		US Bancorp		69,151,500
	2,300,000		Wells Fargo & Co		111,343,000
			TOTAL BANKS		944,723,500
CAPITAL GOODS - 9.3%
	425,000		Allegion plc		44,004,500
	580,000		Deere & Co		96,077,000
	490,000		Dover Corp		47,456,500
	280,000		Eaton Corp		23,013,200
	3,000,000		General Electric Co		31,350,000
	590,000		Honeywell International, Inc		101,751,400
	600,000		Ingersoll-Rand plc		74,196,000
	1,425,000		Masco Corp		58,097,250
	325,000		Parker-Hannifin Corp		56,901,000
	160,000		Stanley Black & Decker, Inc		23,614,400
			TOTAL CAPITAL GOODS		556,461,250
CONSUMER DURABLES & APPAREL - 1.1%
	19,751	*	NVR, Inc		66,050,109
			TOTAL CONSUMER DURABLES & APPAREL		66,050,109
CONSUMER SERVICES - 1.0%
	280,000		McDonald’s Corp		59,001,600
			TOTAL CONSUMER SERVICES		59,001,600
DIVERSIFIED FINANCIALS - 2.3%
	440,000		American Express Co		54,722,800
	370,000		Goldman Sachs Group, Inc		81,448,100
			TOTAL DIVERSIFIED FINANCIALS		136,170,900
ENERGY - 7.9%
	1,170,000		Chevron Corp		144,038,700
	245,000		Concho Resources, Inc		23,931,600
	540,000		Diamondback Energy, Inc		55,852,200
	1,070,000		EOG Resources, Inc		91,859,500
	1,340,000		Exxon Mobil Corp		99,642,400
	660,000		Valero Energy Corp		56,265,000
			TOTAL ENERGY		471,589,400

13

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
FOOD & STAPLES RETAILING - 1.3%
	725,000		Walmart, Inc	$	80,025,500
			TOTAL FOOD & STAPLES RETAILING		80,025,500
FOOD, BEVERAGE & TOBACCO - 2.5%
	1,260,000		Mondelez International, Inc		67,397,400
	1,000,000		Philip Morris International, Inc		83,610,000
			TOTAL FOOD, BEVERAGE & TOBACCO		151,007,400
HEALTH CARE EQUIPMENT & SERVICES - 7.0%
	385,000		Abbott Laboratories		33,533,500
	240,000		Anthem, Inc		70,706,400
	310,000		Cigna Corp		52,675,200
	850,000		CVS Health Corp		47,489,500
	290,000		HCA Healthcare, Inc		38,717,900
	540,000		Medtronic plc		55,047,600
	175,000		UnitedHealth Group, Inc		43,576,750
	570,000		Zimmer Biomet Holdings, Inc		77,024,100
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		418,770,950
HOUSEHOLD & PERSONAL PRODUCTS - 2.7%
	1,350,000		Procter & Gamble Co		159,354,000
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		159,354,000
INSURANCE - 7.1%
	1,655,000		American International Group, Inc		92,663,450
	557,325	*	Berkshire Hathaway, Inc (Class B)		114,491,275
	545,000		Chubb Ltd		83,297,800
	800,000		Lincoln National Corp		52,272,000
	395,000		Marsh & McLennan Cos, Inc		39,026,000
	433,475		Prudential Financial, Inc		43,915,352
			TOTAL INSURANCE		425,665,877
MATERIALS - 4.3%
	780,000		Ball Corp		55,754,400
	1,050,000		Corteva, Inc		30,975,000
	910,000	*	Crown Holdings, Inc		58,249,100
	480,000		Dow, Inc		23,251,200
	550,000		DuPont de Nemours, Inc		39,688,000
	400,000		PPG Industries, Inc		46,956,000
			TOTAL MATERIALS		254,873,700
MEDIA & ENTERTAINMENT - 4.4%
	2,825,000		Comcast Corp (Class A)		121,955,250
	1,000,000		Walt Disney Co		143,010,000
			TOTAL MEDIA & ENTERTAINMENT		264,965,250
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.2%
	165,000		Amgen, Inc		30,785,700
	700,000		Bristol-Myers Squibb Co		31,087,000
	735,000		Gilead Sciences, Inc		48,157,200
	115,000	*	Jazz Pharmaceuticals plc		16,028,700

14

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
	1,350,000		Johnson & Johnson	$	175,797,000
	700,000		Merck & Co, Inc		58,093,000
	3,325,000		Pfizer, Inc		129,143,000
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		489,091,600
REAL ESTATE - 1.9%
	180,000		AvalonBay Communities, Inc		37,582,200
	230,000		Boston Properties, Inc		30,578,500
	580,000		Prologis, Inc		46,753,800
			TOTAL REAL ESTATE		114,914,500
RETAILING - 1.7%
	470,000		Home Depot, Inc		100,434,300
			TOTAL RETAILING		100,434,300
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.8%
	1,240,000		Applied Materials, Inc		61,218,800
	160,000		Broadcom, Inc		46,398,400
	2,000,000		Intel Corp		101,100,000
	890,000	*	Micron Technology, Inc		39,952,100
	365,000		NXP Semiconductors NV		37,737,350
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		286,406,650
SOFTWARE & SERVICES - 3.4%
	383,935		Accenture plc		73,938,202
	625,000		Microsoft Corp		85,168,750
	740,000		Oracle Corp		41,662,000
			TOTAL SOFTWARE & SERVICES		200,768,952
TECHNOLOGY HARDWARE & EQUIPMENT - 2.5%
	1,575,000		Cisco Systems, Inc		87,255,000
	660,000		TE Connectivity Ltd		60,984,000
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		148,239,000
TELECOMMUNICATION SERVICES - 3.1%
	1,486,200		AT&T, Inc		50,605,110
	2,400,000		Verizon Communications, Inc		132,648,000
			TOTAL TELECOMMUNICATION SERVICES		183,253,110
TRANSPORTATION - 1.9%
	480,000		CSX Corp		33,792,000
	440,000		Union Pacific Corp		79,178,000
			TOTAL TRANSPORTATION		112,970,000
UTILITIES - 5.1%
	619,250		American Electric Power Co, Inc		54,376,343
	520,000		Entergy Corp		54,922,400
	1,620,000		FirstEnergy Corp		71,231,400
	405,000		NextEra Energy, Inc		83,903,850
	300,000		Sempra Energy		40,629,000
			TOTAL UTILITIES		305,062,993
			TOTAL COMMON STOCKS		5,929,800,541
			(Cost $4,962,246,424)

15

TIAA-CREF FUNDS - Large-Cap Value Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.9%
GOVERNMENT AGENCY DEBT - 0.7%
$	41,440,000	Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	$	41,440,000
		TOTAL GOVERNMENT AGENCY DEBT						41,440,000
TREASURY DEBT - 0.2%
	12,100,000	United States Treasury Bill		2.073		08/27/19		12,082,857
		TOTAL TREASURY DEBT						12,082,857
		TOTAL SHORT-TERM INVESTMENTS						53,522,857
		(Cost $53,521,906)
		TOTAL INVESTMENTS - 100.3%						5,983,323,398
		(Cost $5,015,768,330)
		OTHER ASSETS & LIABILITIES, NET - (0.3)%						(20,825,671	)
		NET ASSETS - 100.0%					$	5,962,497,727

* Non-income producing

16

TIAA-CREF FUNDS - Mid-Cap Growth Fund

TIAA-CREF FUNDS

MID-CAP GROWTH FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.7%
AUTOMOBILES & COMPONENTS - 0.9%
	158,228		Aptiv plc	$	13,868,684
			TOTAL AUTOMOBILES & COMPONENTS		13,868,684
BANKS - 0.8%
	120,269		First Republic Bank		11,949,928
			TOTAL BANKS		11,949,928
CAPITAL GOODS - 9.7%
	206,898		Ametek, Inc		18,540,130
	145,181	*	Axon Enterprise, Inc		10,194,610
	195,961		Fortive Corp		14,902,834
	156,912		Ingersoll-Rand plc		19,403,738
	190,396		ITT, Inc		11,884,518
	123,942	*	L3Harris Technologies, Inc		25,730,359
	258,387		Masco Corp		10,534,438
	58,328		Rockwell Automation, Inc		9,377,976
	38,610	*	TransDigm Group, Inc		18,742,838
	34,433		W.W. Grainger, Inc		10,021,036
			TOTAL CAPITAL GOODS		149,332,477
COMMERCIAL & PROFESSIONAL SERVICES - 3.9%
	72,500		Cintas Corp		18,881,900
	26,731	*,n	CoStar Group, Inc		16,450,258
	86,646		Verisk Analytics, Inc		13,145,931
	126,664		Waste Connections, Inc		11,490,958
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		59,969,047
CONSUMER DURABLES & APPAREL - 1.8%
	256,200		DR Horton, Inc		11,767,266
	84,973	*,n	Lululemon Athletica, Inc		16,237,491
			TOTAL CONSUMER DURABLES & APPAREL		28,004,757
CONSUMER SERVICES - 4.1%
	21,309	*	Chipotle Mexican Grill, Inc (Class A)		16,951,949
	144,566		Hilton Worldwide Holdings, Inc		13,957,847
	125,236	*,n	Planet Fitness, Inc		9,851,064
	145,901		Restaurant Brands International, Inc		10,752,903
	101,064		Royal Caribbean Cruises Ltd		11,757,786
			TOTAL CONSUMER SERVICES		63,271,549
DIVERSIFIED FINANCIALS - 3.3%
	273,782	n	iShares Russell Midcap Growth Index Fund		39,925,629
	183,701		Voya Financial, Inc		10,318,485
			TOTAL DIVERSIFIED FINANCIALS		50,244,114

17

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
ENERGY - 0.7%
	54,928		Diamondback Energy, Inc	$	5,681,203
	333,960	*	Parsley Energy, Inc		5,540,396
			TOTAL ENERGY		11,221,599
FOOD & STAPLES RETAILING - 0.7%
	310,315	*	US Foods Holding Corp		10,975,842
			TOTAL FOOD & STAPLES RETAILING		10,975,842
HEALTH CARE EQUIPMENT & SERVICES - 6.5%
	33,497	*	Abiomed, Inc		9,330,924
	50,435	*	Align Technology, Inc		10,544,950
	159,968		Cerner Corp		11,461,707
	75,000	*	DexCom, Inc		11,765,250
	64,103	*	Guardant Health, Inc		6,025,041
	45,000	*	Haemonetics Corp		5,493,600
	80,798	*	Insulet Corp		9,933,306
	103,993	*	iRhythm Technologies, Inc		8,645,978
	99,772	*,e	Teladoc, Inc		6,808,441
	62,874	*	Veeva Systems, Inc		10,430,797
	31,736	*	WellCare Health Plans, Inc		9,116,166
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		99,556,160
HOUSEHOLD & PERSONAL PRODUCTS - 0.7%
	145,818		Church & Dwight Co, Inc		11,000,510
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		11,000,510
MATERIALS - 4.1%
	81,747	*	Berry Plastics Group, Inc		3,682,702
	346,121		Corteva, Inc		10,210,570
	207,628	*	Crown Holdings, Inc		13,290,268
	372,642		Olin Corp		7,478,925
	631,878		Tronox Holdings plc		6,988,571
	154,217		Vulcan Materials Co		21,335,922
			TOTAL MATERIALS		62,986,958
MEDIA & ENTERTAINMENT - 6.8%
	596,359	*	ANGI Homeservices, Inc		8,259,572
	338,583		CBS Corp (Class B)		17,440,410
	72,462	*	IAC/InterActiveCorp		17,322,041
	98,098	*	Spotify Technology S.A.		15,199,304
	467,505	*	Twitter, Inc		19,780,137
	135,199		World Wrestling Entertainment, Inc (Class A)		9,839,784
	2,538,079	*	Zynga, Inc		16,192,944
			TOTAL MEDIA & ENTERTAINMENT		104,034,192
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.6%
	571,428	*	Avantor, Inc		10,051,419
	214,189	*	Biohaven Pharmaceutical Holding Co Ltd		9,218,695
	155,279	*	BioMarin Pharmaceutical, Inc		12,316,730

18

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
	655,296	*	Coherus Biosciences, Inc	$	11,022,079
	172,756	*	Exact Sciences Corp		19,885,943
	81,101	*,e	GW Pharmaceuticals plc (ADR)		13,162,692
	400,000	*	Horizon Pharma plc		9,956,000
	88,035	*	Incyte Corp		7,475,932
	93,349	*	IQVIA Holdings, Inc		14,858,360
	115,737	*	Jazz Pharmaceuticals plc		16,131,423
	125,106	*	Neurocrine Biosciences, Inc		12,058,967
	68,844	*	Sage Therapeutics, Inc		11,038,447
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		147,176,687
REAL ESTATE - 2.5%
	382,834		Americold Realty Trust		12,836,424
	300,676	*	CBRE Group, Inc		15,938,835
	35,655	*	SBA Communications Corp		8,750,093
			TOTAL REAL ESTATE		37,525,352
RETAILING - 9.1%
	10,901	*	AutoZone, Inc		12,242,259
	39,558	*	Burlington Stores, Inc		7,150,108
	71,641		Dollar General Corp		9,601,327
	57,822	*	Dollar Tree, Inc		5,883,388
	175,955	*	Etsy, Inc		11,792,504
	83,847		Expedia, Inc		11,129,851
	549,445	*	Farfetch Ltd		11,043,845
	117,247	*	Five Below, Inc		13,771,833
	71,236	*	O’Reilly Automotive, Inc		27,123,819
	169,001		Tractor Supply Co		18,388,999
	35,152	*	Ulta Beauty, Inc		12,276,836
			TOTAL RETAILING		140,404,769
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.2%
	824,043	*	Advanced Micro Devices, Inc		25,092,109
	195,487	*	Cree, Inc		12,155,382
	140,952	e	Microchip Technology, Inc		13,308,688
	127,360		Xilinx, Inc		14,545,785
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		65,101,964
SOFTWARE & SERVICES - 22.9%
	54,000	*	Alteryx, Inc		6,347,160
	179,441	*	Anaplan, Inc		10,217,370
	70,319	*	EPAM Systems, Inc		13,627,119
	69,854	*	Euronet Worldwide, Inc		10,890,937
	242,353	*	Fiserv, Inc		25,551,277
	69,940	*	FleetCor Technologies, Inc		19,874,850
	389,676	*,e	GDS Holdings Ltd (ADR)		16,046,858
	99,046		Global Payments, Inc		16,631,804
	242,650	*	GoDaddy, Inc		17,805,657
	80,241	*,n	HubSpot, Inc		14,340,672
	192,113	*	LiveRamp Holdings, Inc		10,122,434
	255,869	*	Medallia, Inc		10,196,380
	71,631	*	Okta, Inc		9,371,484

19

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
	390,325	*	Pluralsight, Inc	$	11,979,074
	108,931	*	Proofpoint, Inc		13,747,092
	151,637	*	RealPage, Inc		9,474,280
	100,057	*	RingCentral, Inc		14,206,093
	178,014	*	Smartsheet, Inc		8,884,679
	102,848	*	Splunk, Inc		13,916,363
	211,154	*,n	Square, Inc		16,978,893
	97,058	*	Synopsys, Inc		12,885,420
	52,904	*	Tableau Software, Inc		8,968,815
	116,961		Total System Services, Inc		15,873,947
	16,934	*	Trade Desk, Inc		4,458,891
	136,935	*	Twilio, Inc		19,049,028
	181,545	*	Zendesk, Inc		15,169,900
	58,292	*	Zscaler, Inc		4,912,267
			TOTAL SOFTWARE & SERVICES		351,528,744
TECHNOLOGY HARDWARE & EQUIPMENT - 5.7%
	146,158		Amphenol Corp (Class A)		13,639,464
	133,135		CDW Corp		15,731,232
	241,301	*	Ciena Corp		10,911,631
	222,305	*	Keysight Technologies, Inc		19,900,744
	225,286	*	Lumentum Holdings, Inc		12,757,946
	88,123		Motorola Solutions, Inc		14,624,893
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		87,565,910
TRANSPORTATION - 0.7%
	144,263	*	Kirby Corp		11,304,449
			TOTAL TRANSPORTATION		11,304,449
			TOTAL COMMON STOCKS		1,517,023,692
			(Cost $1,194,321,679)
PURCHASED OPTIONS - 0.2%
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.2%
	76,500		KLA-Tencor Corp		2,050,200
	65,700		Lam Research Corp		1,230,233
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		3,280,433
SOFTWARE & SERVICES - 0.0%
	90,000		Tenable Holdings, Inc		4,500
			TOTAL SOFTWARE & SERVICES		4,500
			TOTAL PURCHASED OPTIONS		3,284,933
			(Cost $1,122,765)

20

TIAA-CREF FUNDS - Mid-Cap Growth Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 1.2%
GOVERNMENT AGENCY DEBT - 0.3%
$	4,180,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	$	4,180,000
			TOTAL GOVERNMENT AGENCY DEBT						4,180,000
TREASURY DEBT - 0.9%
	13,273,000		United States Treasury Bill		2.073		08/27/19		13,254,195
			TOTAL TREASURY DEBT						13,254,195
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.0%
	678,985	c	State Street Navigator Securities Lending Government Money Market Portfolio						678,985
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						678,985
			TOTAL SHORT-TERM INVESTMENTS						18,113,180
			(Cost $18,112,137)
			TOTAL INVESTMENTS - 100.1%						1,538,421,805
			(Cost $1,213,556,581)
			OTHER ASSETS & LIABILITIES, NET - (0.1)%						(2,068,717	)
			NET ASSETS - 100.0%					$	1,536,353,088

	Abbreviation(s):
ADR	American Depositary Receipt
*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $34,644,077.
n	All or a portion of these securities have been segregated by the custodian to cover requirements on open written options contracts.

Purchased options outstanding as of July 31, 2019 were as follows:  

Description/underlying investment	Number of contracts		Notional amount		Exercise price		Expiration date	Value
KLA-Tencor Corp, Call		765	$	449,025	$	110.00	09/20/19	$	2,050,200
Lam Research Corp, Call		657		503,485		195.00	08/30/19		1,230,233
Tenable Holdings, Inc, Call		900		170,255		30.00	08/16/19		4,500
Total		2,322	$	1,122,765				$	3,284,933

Written options outstanding as of July 31, 2019 were as follows:

Description/underlying investment	Number of contracts		Notional amount			Exercise price		Expiration date		Value
HubSpot, Inc, Call		572	$	(685,242	)	$	195.00		09/20/19	$	(286,000	)
KLA-Tencor Corp, Call		765		(112,621	)		125.00		09/20/19		(1,147,500	)
KLA-Tencor Corp, Put		765		(138,875	)		90.00		09/20/19		(22,950	)
Lam Research Corp, Call		657		(73,983	)		220.00		08/30/19		(333,756	)
Lam Research Corp, Put		657		(212,870	)		175.00		08/30/19		(62,087	)
Lululemon Athletica, Inc, Call		500		(285,994	)		220.00		12/20/19		(366,250	)
Lululemon Athletica, Inc, Put		500		(201,496	)		150.00		12/20/19		(192,500	)
Planet Fitness, Inc, Call		376		(127,131	)		82.50		08/16/19		(62,792	)
Planet Fitness, Inc, Call		376		(96,209	)		85.00		08/16/19		(38,352	)
Square, Inc, Put		750		(279,715	)		60.00		09/20/19		(28,500	)
Total		5,918	$	(2,214,136	)					$	(2,540,687	)

21

TIAA-CREF FUNDS - Mid-Cap Value Fund

TIAA-CREF FUNDS
MID-CAP VALUE FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 1.3%
	101,318		Aptiv plc	$	8,880,523
	936,526		Delphi Technologies plc		17,550,497
	110,771		Lear Corp		14,043,547
			TOTAL AUTOMOBILES & COMPONENTS		40,474,567
BANKS - 7.1%
	134,137		CIT Group, Inc		6,780,625
	1,148,793		Citizens Financial Group, Inc		42,804,027
	244,872		Comerica, Inc		17,924,630
	449,109		East West Bancorp, Inc		21,561,723
	145,380		First Republic Bank		14,444,957
	483,285		Hilltop Holdings, Inc		10,960,904
	1,496,609		Huntington Bancshares, Inc		21,326,678
	565,549		Keycorp		10,389,135
	143,954		M&T Bank Corp		23,644,445
	1,064,341		Regions Financial Corp		16,954,952
	284,339		Synovus Financial Corp		10,853,220
	148,820	*	TCF Financial Corp		6,256,393
	56,638		TCF Financial Corp		1,210,921
	341,605		Zions Bancorporation		15,396,137
			TOTAL BANKS		220,508,747
CAPITAL GOODS - 8.6%
	977,413		Arconic, Inc		24,474,422
	1,139,963		CNH Industrial NV (NYSE)		11,525,026
	355,900		Crane Co		29,788,830
	212,495		Cummins, Inc		34,849,180
	450,576	*	Evoqua Water Technologies Corp		6,407,191
	193,871		Hexcel Corp		15,850,893
	134,178		Ingersoll-Rand plc		16,592,451
	160,326		ITT, Inc		10,007,549
	114,274	*	L3Harris Technologies, Inc		23,723,282
	216,335		Masco Corp		8,819,978
	566,198	*	Parsons Corp		20,785,129
	203,401	*	SPX FLOW, Inc		8,249,944
	57,742		Stanley Black & Decker, Inc		8,522,142
	85,958		Textron, Inc		4,237,729
	806,790		Triumph Group, Inc		19,548,522
	1,340,252	*	Welbilt, Inc		22,006,938
			TOTAL CAPITAL GOODS		265,389,206
COMMERCIAL & PROFESSIONAL SERVICES - 1.2%
	161,087	*	Cimpress NV		15,536,841

22

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	434,367		Nielsen NV	$	10,059,940
	262,136	*	Stericycle, Inc		12,047,770
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		37,644,551
CONSUMER DURABLES & APPAREL - 3.5%
	686,771	*	Capri Holdings Ltd		24,442,180
	699,129		Hanesbrands, Inc		11,248,986
	361,323		Lennar Corp (Class A)		17,188,135
	200,359	*	Mohawk Industries, Inc		24,982,764
	1,400,840		Newell Rubbermaid, Inc		19,877,919
	142,658	*	Tempur Sealy International, Inc		11,444,025
			TOTAL CONSUMER DURABLES & APPAREL		109,184,009
CONSUMER SERVICES - 2.1%
	149,373		ARAMARK Holdings Corp		5,405,809
	966,309	*	Penn National Gaming, Inc		18,862,352
	546,440		Red Rock Resorts, Inc		11,387,809
	161,859		Royal Caribbean Cruises Ltd		18,830,676
	112,266		Wyndham Destinations, Inc		5,283,238
	112,266		Wyndham Hotels & Resorts, Inc		6,348,642
			TOTAL CONSUMER SERVICES		66,118,526
DIVERSIFIED FINANCIALS - 5.5%
	221,989		Ameriprise Financial, Inc		32,301,619
	576,425		Apollo Management LP		19,022,025
	417,833		AXA Equitable Holdings, Inc		9,392,886
	178,316		Blackstone Mortgage Trust, Inc		6,333,784
	308,816		E*TRADE Financial Corp		15,067,133
	566,271		MFA Mortgage Investments, Inc		4,065,826
	253,510		Och-Ziff Capital Management Group LLC		5,901,713
	280,175		Raymond James Financial, Inc		22,601,717
	300,114		State Street Corp		17,433,622
	323,157		Synchrony Financial		11,594,873
	474,828		Voya Financial, Inc		26,671,089
			TOTAL DIVERSIFIED FINANCIALS		170,386,287
ENERGY - 6.8%
	101,629		Arch Coal, Inc		9,061,242
	1,090,619		Baker Hughes a GE Co		27,690,816
	273,919	*	Cheniere Energy, Inc		17,845,823
	40,469		Cimarex Energy Co		2,050,564
	165,639		Concho Resources, Inc		16,179,617
	89,097		EQT Corp		1,346,256
	71,301		Equitrans Midstream Corp		1,182,884
	960,528		Marathon Oil Corp		13,514,629
	1,070,604	*	Matador Resources Co		18,874,748
	1,404,217	*	Parsley Energy, Inc		23,295,960
	394,266		Patterson-UTI Energy, Inc		4,585,314
	497,152		Targa Resources Investments, Inc		19,344,184
	1,256,126	*,e	Transocean Ltd (NYSE)		7,637,246
	1,084,943		Williams Cos, Inc		26,732,996
	1,942,497	*	WPX Energy, Inc		20,279,669
			TOTAL ENERGY		209,621,948

23

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
FOOD & STAPLES RETAILING - 0.2%
	165,476	*	US Foods Holding Corp	$	5,852,886
			TOTAL FOOD & STAPLES RETAILING		5,852,886
FOOD, BEVERAGE & TOBACCO - 3.9%
	748,689		Bunge Ltd		43,745,898
	695,251		ConAgra Brands, Inc		20,071,896
	1,079,201		Cott Corp		13,802,981
	734,652	*	Hain Celestial Group, Inc		15,993,374
	178,016		Molson Coors Brewing Co (Class B)		9,611,084
	200,329		Tyson Foods, Inc (Class A)		15,926,156
			TOTAL FOOD, BEVERAGE & TOBACCO		119,151,389
HEALTH CARE EQUIPMENT & SERVICES - 4.9%
	137,300		Cardinal Health, Inc		6,278,729
	400,624	*	Hologic, Inc		20,531,980
	180,703	*	Laboratory Corp of America Holdings		30,271,367
	180,627		McKesson Corp		25,098,122
	129,280	*	Molina Healthcare, Inc		17,165,798
	382,571		Zimmer Biomet Holdings, Inc		51,696,819
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		151,042,815
HOUSEHOLD & PERSONAL PRODUCTS - 0.6%
	441,035		Energizer Holdings, Inc		18,558,753
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		18,558,753
INSURANCE - 5.4%
	15,655		Alleghany Corp		10,735,103
	312,298	*	Arch Capital Group Ltd		12,082,809
	243,470		Argo Group International Holdings Ltd		16,663,087
	290,651	*	Athene Holding Ltd		11,876,000
	430,507		Axis Capital Holdings Ltd		27,410,381
	52,729		Everest Re Group Ltd		13,005,080
	804,806		Hartford Financial Services Group, Inc		46,380,970
	301,155		Lincoln National Corp		19,677,468
	141,348		Principal Financial Group		8,203,838
			TOTAL INSURANCE		166,034,736
MATERIALS - 7.3%
	213,882		Ashland Global Holdings, Inc		16,999,341
	695,133	*	Axalta Coating Systems Ltd		20,596,791
	231,338	*	Berry Plastics Group, Inc		10,421,777
	232		CF Industries Holdings, Inc		11,498
	346,059		Corteva, Inc		10,208,740
	791,785		First Quantum Minerals Ltd		7,295,125
	1,839,625		Freeport-McMoRan Copper & Gold, Inc (Class B)		20,346,252
	256,061	*	GCP Applied Technologies, Inc		5,641,024
	493,597		Louisiana-Pacific Corp		12,902,626
	387,854		Mosaic Co		9,770,042
	594,178		Newmont Mining Corp		21,699,381

24

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	149,846		Nutrien Ltd	$	8,213,059
	887,183		Olin Corp		17,805,763
	823,995		Tronox Holdings plc		9,113,385
	325,688		Westlake Chemical Corp		22,006,738
	53,416		WestRock Co		1,925,647
	436,846		WR Grace and Co		29,622,527
			TOTAL MATERIALS		224,579,716
MEDIA & ENTERTAINMENT - 3.5%
	259,685		Activision Blizzard, Inc		12,657,047
	961,843		Altice USA, Inc		24,825,168
	1,974,400	*	Conyers Park II Acquisition Corp		20,316,576
	860,406	*	DISH Network Corp (Class A)		29,133,347
	53,297	*	IAC/InterActiveCorp		12,740,648
	231,221		Viacom, Inc (Class B)		7,017,557
			TOTAL MEDIA & ENTERTAINMENT		106,690,343
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 2.2%
	606,179	*	Exelixis, Inc		12,893,427
	142,999	*	Jazz Pharmaceuticals plc		19,931,201
	608,864	*	Mylan NV		12,725,258
	121,434	*	PerkinElmer, Inc		10,457,896
	191,702	*	Prestige Brands Holdings, Inc		6,632,889
	637,697	*	Teva Pharmaceutical Industries Ltd (ADR)		5,056,937
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		67,697,608
REAL ESTATE - 11.1%
	217,905		American Assets Trust, Inc		10,110,792
	224,513		American Campus Communities, Inc		10,495,983
	171,984		AvalonBay Communities, Inc		35,908,539
	181,895		Boston Properties, Inc		24,182,940
	967,325		British Land Co plc		5,971,618
	210,739		Camden Property Trust		21,855,742
	444,636		CyrusOne, Inc		25,522,106
	347,598		Equity Commonwealth		11,672,341
	523,570		HCP, Inc		16,717,590
	835,694		Host Marriott Corp		14,532,719
	283,226		Kennedy-Wilson Holdings, Inc		6,095,023
	227,001		Kimco Realty Corp		4,360,689
	216,106		Mid-America Apartment Communities, Inc		25,465,931
	482,948		Monmouth Real Estate Investment Corp (Class A)		6,659,853
	322,532		Park Hotels & Resorts, Inc		8,518,070
	177,078		QTS Realty Trust, Inc		8,195,170
	346,544		Rexford Industrial Realty, Inc		14,346,922
	113,618		SL Green Realty Corp		9,212,147
	202,206		Ventas, Inc		13,606,442
	365,731		Weingarten Realty Investors		10,207,552
	357,955		Welltower, Inc		29,753,220
	1,102,763		Weyerhaeuser Co		28,021,208
			TOTAL REAL ESTATE		341,412,597

25

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
RETAILING - 3.2%
	317,993		American Eagle Outfitters, Inc	$	5,625,296
	205,196	*	Dollar Tree, Inc		20,878,693
	297,562		eBay, Inc		12,256,579
	175,166		Expedia, Inc		23,251,535
	1,031,273	*	Groupon, Inc		3,248,510
	503,108		L Brands, Inc		13,055,652
	734,061	*	LKQ Corp		19,768,263
			TOTAL RETAILING		98,084,528
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.8%
	478,379	*	Advanced Micro Devices, Inc		14,566,641
	224,562	*	Cree, Inc		13,963,265
	307,455	*	First Solar, Inc		19,827,773
	578,389		Marvell Technology Group Ltd		15,188,495
	235,052		NXP Semiconductors NV		24,302,026
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		87,848,200
SOFTWARE & SERVICES - 1.6%
	279,667		DXC Technology Co		15,597,029
	169,355	*	Proofpoint, Inc		21,372,601
	375,239	*	Teradata Corp		13,741,252
			TOTAL SOFTWARE & SERVICES		50,710,882
TECHNOLOGY HARDWARE & EQUIPMENT - 2.9%
	353,396	*	Ciena Corp		15,980,567
	864,467	*	CommScope Holding Co, Inc		12,344,589
	449,592		Corning, Inc		13,824,954
	692,262	*	Extreme Networks, Inc		5,635,013
	427,236		Juniper Networks, Inc		11,543,917
	192,830	*	Lumentum Holdings, Inc		10,919,963
	335,667		Western Digital Corp		18,089,094
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		88,338,097
TELECOMMUNICATION SERVICES - 0.9%
	605,024		CenturyLink, Inc		7,314,740
	606,782		Telephone & Data Systems, Inc		19,623,330
			TOTAL TELECOMMUNICATION SERVICES		26,938,070
TRANSPORTATION - 2.8%
	386,504		Alaska Air Group, Inc		24,488,894
	344,017		American Airlines Group, Inc		10,495,958
	72,707		Kansas City Southern Industries, Inc		8,996,764
	214,903	*	Kirby Corp		16,839,799
	564,552		Knight-Swift Transportation Holdings, Inc		20,233,544
	76,879	*	Lyft, Inc (Class A)		4,679,625
			TOTAL TRANSPORTATION		85,734,584
UTILITIES - 10.5%
	609,261		Alliant Energy Corp		30,182,790
	88,514		Ameren Corp		6,699,625
	272,716		DTE Energy Co		34,664,931

26

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	107,771		Duke Energy Corp	$	9,345,901
	217,457		Edison International		16,209,245
	316,058		Entergy Corp		33,382,046
	95,835		Evergy, Inc		5,797,059
	1,140,855		FirstEnergy Corp		50,163,394
	769,568		NiSource, Inc		22,848,474
	266,134		OGE Energy Corp		11,430,455
	228,542	*,b	PG&E Corp		4,143,467
	415,540		Public Service Enterprise Group, Inc		23,748,111
	277,373		Sempra Energy		37,564,625
	162,265		Southwest Gas Corp		14,426,981
	439,093		Vistra Energy Corp		9,422,936
	236,281		Xcel Energy, Inc		14,084,710
			TOTAL UTILITIES		324,114,750
			TOTAL COMMON STOCKS		3,082,117,795
			(Cost $2,605,571,308)

PRINCIPAL		ISSUER	RATE		MATURITY DATE
SHORT-TERM INVESTMENTS - 0.2%
GOVERNMENT AGENCY DEBT - 0.2%
$	4,770,000	Federal Home Loan Bank (FHLB)	2.150	%	08/01/19		4,770,000
		TOTAL GOVERNMENT AGENCY DEBT					4,770,000
		TOTAL SHORT-TERM INVESTMENTS					4,770,000
		(Cost $4,770,000)
		TOTAL INVESTMENTS - 100.1%					3,086,887,795
		(Cost $2,610,341,308)
		OTHER ASSETS & LIABILITIES, NET - (0.1)%					(3,008,915	)
		NET ASSETS - 100.0%				$	3,083,878,880

	Abbreviation(s):
ADR	American Depositary Receipt
*	Non-income producing
b	In bankruptcy
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $2,821,983.

27

TIAA-CREF FUNDS - Quant Large-Cap Growth Fund

TIAA-CREF FUNDS

QUANT LARGE-CAP GROWTH FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
BANKS - 1.4%
	94,671		CIT Group, Inc	$	4,785,619
	142,262		Comerica, Inc		10,413,578
	108,397		First Republic Bank		10,770,326
	63,558		Signature Bank		8,101,103
	106,897	*	Western Alliance Bancorp		5,284,988
			TOTAL BANKS		39,355,614
CAPITAL GOODS - 7.4%
	21,466		3M Co		3,750,540
	72,055		Allegion plc		7,460,575
	209,727		Allison Transmission Holdings, Inc		9,636,956
	75,440		Boeing Co		25,738,619
	37,591		Carlisle Cos, Inc		5,420,998
	83,683		HEICO Corp		11,443,650
	81,117		HEICO Corp (Class A)		8,548,921
	83,020		Hexcel Corp		6,787,715
	133,117		Honeywell International, Inc		22,957,358
	69,465		Hubbell, Inc		9,022,114
	1,204		Ingersoll-Rand plc		148,887
	79,300		Lockheed Martin Corp		28,720,081
	48,368		Northrop Grumman Corp		16,714,530
	34,387		Raytheon Co		6,268,406
	155,103		Spirit Aerosystems Holdings, Inc (Class A)		11,918,114
	30,436	*	TransDigm Group, Inc		14,774,852
	64,464	*	United Rentals, Inc		8,157,919
	49,583		W.W. Grainger, Inc		14,430,140
			TOTAL CAPITAL GOODS		211,900,375
COMMERCIAL & PROFESSIONAL SERVICES - 0.6%
	18,403		Republic Services, Inc		1,631,426
	1,378		Verisk Analytics, Inc		209,070
	134,905		Waste Management, Inc		15,783,885
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		17,624,381
CONSUMER DURABLES & APPAREL - 1.2%
	585,963		Hanesbrands, Inc		9,428,144
	192,360		Nike, Inc (Class B)		16,548,731
	81,209		Polaris Industries, Inc		7,688,056
			TOTAL CONSUMER DURABLES & APPAREL		33,664,931
CONSUMER SERVICES - 2.6%
	47,489		Darden Restaurants, Inc		5,772,763
	34,469		Dunkin Brands Group, Inc		2,763,035

28

TIAA-CREF FUNDS - Quant Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	150,513		Hilton Worldwide Holdings, Inc	$	14,532,030
	3,290		McDonald’s Corp		693,269
	77,494	*	Norwegian Cruise Line Holdings Ltd		3,831,303
	35,891	*	Planet Fitness, Inc		2,823,186
	343,761		Starbucks Corp		32,550,729
	247,691		Yum China Holdings, Inc		11,269,941
			TOTAL CONSUMER SERVICES		74,236,256
DIVERSIFIED FINANCIALS - 3.9%
	35,841		American Express Co		4,457,545
	392,356		Charles Schwab Corp		16,957,626
	19,863	*	Credit Acceptance Corp		9,495,110
	149,299		Discover Financial Services		13,398,092
	172,385		E*TRADE Financial Corp		8,410,664
	157,366		IntercontinentalExchange Group, Inc		13,826,177
	70,000		iShares Russell 1000 Growth Index Fund		11,292,400
	108,413		LPL Financial Holdings, Inc		9,092,599
	58,846		MSCI, Inc (Class A)		13,372,165
	5,707		S&P Global, Inc		1,397,930
	297,648		Synchrony Financial		10,679,610
			TOTAL DIVERSIFIED FINANCIALS		112,379,918
FOOD & STAPLES RETAILING - 1.6%
	41,791		Casey’s General Stores, Inc		6,766,381
	66,671		Costco Wholesale Corp		18,376,528
	186,163	*	Sprouts Farmers Market, Inc		3,151,739
	246,665		Sysco Corp		16,913,819
			TOTAL FOOD & STAPLES RETAILING		45,208,467
FOOD, BEVERAGE & TOBACCO - 2.0%
	2,162		Altria Group, Inc		101,765
	58,210		Campbell Soup Co		2,406,401
	349,948		Coca-Cola Co		18,417,763
	88,586		Hershey Co		13,442,040
	7,644	*	Monster Beverage Corp		492,809
	168,151		PepsiCo, Inc		21,491,380
			TOTAL FOOD, BEVERAGE & TOBACCO		56,352,158
HEALTH CARE EQUIPMENT & SERVICES - 4.5%
	44,290		Abbott Laboratories		3,857,659
	66,104	*	Boston Scientific Corp		2,806,776
	96,495		HCA Healthcare, Inc		12,883,047
	75,241		Hill-Rom Holdings, Inc		8,023,700
	152,271	*	Hologic, Inc		7,803,889
	743	*	IDEXX Laboratories, Inc		209,563
	5,948	*	Intuitive Surgical, Inc		3,090,046
	63,778		McKesson Corp		8,861,953
	18,981	*	Molina Healthcare, Inc		2,520,297
	46,602		Stryker Corp		9,776,168
	222,709		UnitedHealth Group, Inc		55,456,768
	80,747	*	Veeva Systems, Inc		13,395,927
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		128,685,793

29

TIAA-CREF FUNDS - Quant Large-Cap Growth Fund

SHARES			COMPANY	VALUE
HOUSEHOLD & PERSONAL PRODUCTS - 0.6%
	12,916		Estee Lauder Cos (Class A)	$	2,378,998
	126,090		Procter & Gamble Co		14,883,664
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		17,262,662
INSURANCE - 0.3%
	159,944	*	Arch Capital Group Ltd		6,188,233
	32,931		Marsh & McLennan Cos, Inc		3,253,583
			TOTAL INSURANCE		9,441,816
MATERIALS - 0.2%
	21,521		Ecolab, Inc		4,341,431
			TOTAL MATERIALS		4,341,431
MEDIA & ENTERTAINMENT - 10.1%
	57,132	*	Alphabet, Inc (Class A)		69,598,202
	58,028	*	Alphabet, Inc (Class C)		70,601,507
	317,793		Comcast Corp (Class A)		13,719,124
	422,036	*	Facebook, Inc		81,972,052
	380,186		Interpublic Group of Cos, Inc		8,713,863
	66,583	*	NetFlix, Inc		21,505,643
	80,741		Omnicom Group, Inc		6,477,043
	36,686		Sinclair Broadcast Group, Inc (Class A)		1,843,472
	347,134	*	Twitter, Inc		14,687,240
			TOTAL MEDIA & ENTERTAINMENT		289,118,146
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.1%
	293,304		AbbVie, Inc		19,539,913
	158,597		Amgen, Inc		29,591,028
	94,063		Bruker BioSciences Corp		4,500,915
	139,374	*	Celgene Corp		12,802,896
	76,011		Eli Lilly & Co		8,281,398
	206,092	*	Horizon Pharma plc		5,129,630
	13,855	*	Illumina, Inc		4,147,910
	85,967	*	IQVIA Holdings, Inc		13,683,367
	81,665	*	Jazz Pharmaceuticals plc		11,382,468
	110,956		Johnson & Johnson		14,448,690
	612,335		Merck & Co, Inc		50,817,682
	113,906	*	PRA Health Sciences, Inc		11,380,348
	91,021		Thermo Fisher Scientific, Inc		25,274,711
	92,013	*	Vertex Pharmaceuticals, Inc		15,331,206
	47,045		Zoetis, Inc		5,405,000
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		231,717,162
REAL ESTATE - 2.1%
	66,409		American Tower Corp		14,053,473
	57,216	*	CBRE Group, Inc		3,033,020
	17,908		Coresite Realty		1,876,937
	49,459		Crown Castle International Corp		6,590,906
	33,676		Lamar Advertising Co		2,725,062

30

TIAA-CREF FUNDS - Quant Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	58,812		Public Storage, Inc	$	14,277,201
	108,014		Simon Property Group, Inc		17,519,871
			TOTAL REAL ESTATE		60,076,470
RETAILING - 10.0%
	80,332	*	Amazon.com, Inc		149,962,171
	12,859	*	AutoZone, Inc		14,441,171
	127,617		Best Buy Co, Inc		9,766,529
	3,837	*	Booking Holdings, Inc		7,238,922
	16,233		Dollar General Corp		2,175,547
	387,199		eBay, Inc		15,948,727
	103,296		Home Depot, Inc		22,073,322
	223,550		L Brands, Inc		5,801,122
	69,212		Lowe’s Companies, Inc		7,018,097
	3,621	*	O’Reilly Automotive, Inc		1,378,732
	157,260		Ross Stores, Inc		16,674,278
	96,895		Target Corp		8,371,728
	158,503		TJX Companies, Inc		8,647,924
	26,165		Tractor Supply Co		2,847,014
	36,200	*	Ulta Beauty, Inc		12,642,850
			TOTAL RETAILING		284,988,134
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.8%
	98,875		Analog Devices, Inc		11,613,858
	58,385		Applied Materials, Inc		2,882,467
	83,240		Broadcom, Inc		24,138,767
	128,527		Kla-Tencor Corp		17,520,801
	88,103		Lam Research Corp		18,379,167
	79,716		NVIDIA Corp		13,449,684
	90,806		Qualcomm, Inc		6,643,367
	201,844		Teradyne, Inc		11,248,766
	234,884		Texas Instruments, Inc		29,362,849
	749		Xilinx, Inc		85,543
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		135,325,269
SOFTWARE & SERVICES - 23.0%
	179,520		Accenture plc		34,571,962
	62,487	*	Adobe, Inc		18,674,865
	155,283	*	Akamai Technologies, Inc		13,685,091
	145,606		Automatic Data Processing, Inc		24,246,311
	175,492		Booz Allen Hamilton Holding Co		12,065,075
	142,799		CDK Global, Inc		7,406,984
	70,792	*	Euronet Worldwide, Inc		11,037,181
	1,622	h	Fidelity National Information Services, Inc		216,190
	57,443	*	Fiserv, Inc		6,056,261
	52,290	*	FleetCor Technologies, Inc		14,859,249
	159,495	*	Fortinet, Inc		12,809,043
	207,976		Genpact Ltd		8,252,488
	141,914		International Business Machines Corp		21,037,331
	32,213		Intuit, Inc		8,932,987
	215,849		MasterCard, Inc (Class A)		58,769,207
	1,421,880		Microsoft Corp		193,759,588

31

TIAA-CREF FUNDS - Quant Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	368,038		Oracle Corp	$	20,720,539
	47,970	*	Paycom Software, Inc		11,548,778
	44,349	*	Paylocity Holding Corp		4,527,589
	318,828	*	PayPal Holdings, Inc		35,198,611
	53,374	*	Proofpoint, Inc		6,735,799
	88,934	*	RingCentral, Inc		12,626,849
	80,243	*	salesforce.com, Inc		12,397,544
	66,702	*	ServiceNow, Inc		18,502,468
	98,136	*	Square, Inc		7,891,116
	140,925		SS&C Technologies Holdings, Inc		6,757,354
	34,635		Total System Services, Inc		4,700,662
	61,549	*	VeriSign, Inc		12,992,378
	287,743		Visa, Inc (Class A)		51,218,254
	14,706	*	WEX, Inc		3,206,937
	7,603	*	Workday, Inc		1,520,448
			TOTAL SOFTWARE & SERVICES		656,925,139
TECHNOLOGY HARDWARE & EQUIPMENT - 11.4%
	5,978		Amphenol Corp (Class A)		557,867
	938,196		Apple, Inc		199,873,276
	51,595	*	Arista Networks, Inc		14,108,653
	120,058		CDW Corp		14,186,053
	1,048,939		Cisco Systems, Inc		58,111,221
	80,584	*	F5 Networks, Inc		11,823,284
	104,108		Jabil Circuit, Inc		3,214,855
	83,904		Motorola Solutions, Inc		13,924,708
	72,074	e	Ubiquiti Networks, Inc		9,278,086
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		325,078,003
TELECOMMUNICATION SERVICES - 0.5%
	164,022	*	T-Mobile US, Inc		13,077,474
			TOTAL TELECOMMUNICATION SERVICES		13,077,474
TRANSPORTATION - 3.4%
	184,099		CSX Corp		12,960,570
	53,029		Norfolk Southern Corp		10,134,902
	36,817		Old Dominion Freight Line		6,147,703
	250,065		Southwest Airlines Co		12,885,849
	199,459		Union Pacific Corp		35,892,647
	98,800	*	United Continental Holdings, Inc		9,080,708
	87,947		United Parcel Service, Inc (Class B)		10,507,028
			TOTAL TRANSPORTATION		97,609,407
			TOTAL COMMON STOCKS		2,844,369,006
			(Cost $1,863,838,073)

PRINCIPAL		ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.2%
GOVERNMENT AGENCY DEBT - 0.2%
$	4,540,000	Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	4,540,000

32

TIAA-CREF FUNDS - Quant Large-Cap Growth Fund

	VALUE
TOTAL GOVERNMENT AGENCY DEBT	$	4,540,000
TOTAL SHORT-TERM INVESTMENTS		4,540,000
(Cost $4,540,000)
TOTAL INVESTMENTS - 99.9%		2,848,909,006
(Cost $1,868,378,073)
OTHER ASSETS & LIABILITIES, NET - 0.1%		2,905,647
NET ASSETS - 100.0%	$	2,851,814,653

*	Non-income producing
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $627,430.
h	All or a portion of these securities were purchased on a delayed delivery basis.

33

TIAA-CREF FUNDS - Quant Large-Cap Value Fund

TIAA-CREF FUNDS

QUANT LARGE-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
AUTOMOBILES & COMPONENTS - 0.1%
	330,490		Ford Motor Co	$	3,149,570
	20,054		General Motors Co		808,978
			TOTAL AUTOMOBILES & COMPONENTS		3,958,548
BANKS - 11.7%
	2,005,345		Bank of America Corp		61,523,985
	159,537		BankUnited		5,489,668
	40,235		BB&T Corp		2,073,309
	112,401		CIT Group, Inc		5,681,871
	593,316		Citigroup, Inc		42,220,367
	515,419		Fifth Third Bancorp		15,302,790
	132,132		First Republic Bank		13,128,635
	708,891		JPMorgan Chase & Co		82,231,356
	162,221		PNC Financial Services Group, Inc		23,181,381
	84,376		SunTrust Banks, Inc		5,619,442
	30,531		TCF Financial Corp		652,753
	177,459		US Bancorp		10,141,782
	661,045		Wells Fargo & Co		32,001,188
	185,613		Zions Bancorporation		8,365,578
			TOTAL BANKS		307,614,105
CAPITAL GOODS - 7.5%
	71,761		3M Co		12,538,082
	267,880	*	Aecom Technology Corp		9,630,286
	99,057		Allegion plc		10,256,362
	125,163		Ametek, Inc		11,215,856
	173,548		Caterpillar, Inc		22,851,065
	65,997		Crane Co		5,523,949
	89,566		Cummins, Inc		14,688,824
	66,070		Curtiss-Wright Corp		8,384,944
	18,383		Eaton Corp		1,510,899
	28,464		Emerson Electric Co		1,846,744
	16,618		General Dynamics Corp		3,089,951
	651,682		General Electric Co		6,810,077
	130,539		Hexcel Corp		10,672,869
	41,657		Honeywell International, Inc		7,184,166
	81,729		ITT, Inc		5,101,524
	19,134	*	L3Harris Technologies, Inc		3,972,218
	320,825		Masco Corp		13,080,035
	190,452	*	Resideo Technologies, Inc		3,591,925
	21,340	*	Teledyne Technologies, Inc		6,215,915
	136,738		Timken Co		6,250,294
	83,519	*	United Rentals, Inc		10,569,329
	115,018		United Technologies Corp		15,366,405

34

TIAA-CREF FUNDS - Quant Large-Cap Value Fund

SHARES			COMPANY	VALUE
	63,011	*	WABCO Holdings, Inc	$	8,343,287
			TOTAL CAPITAL GOODS		198,695,006
COMMERCIAL & PROFESSIONAL SERVICES - 1.1%
	298,099	e	ADT, Inc		1,892,929
	66,096	*	Clean Harbors, Inc		5,142,930
	76,589	*	IAA, Inc		3,580,536
	80,613		KAR Auction Services, Inc		2,155,591
	188,447		Nielsen NV		4,364,432
	94,262		Waste Management, Inc		11,028,654
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		28,165,072
CONSUMER DURABLES & APPAREL - 0.5%
	43,461	*	Garmin Ltd		3,415,600
	91,758		Hanesbrands, Inc		1,476,386
	6,839		Lennar Corp (B Shares)		259,882
	10,248		Lennar Corp (Class A)		487,498
	210,620		Pulte Homes, Inc		6,636,636
			TOTAL CONSUMER DURABLES & APPAREL		12,276,002
CONSUMER SERVICES - 3.3%
	104,949	*	frontdoor, Inc		4,789,872
	107,109		Las Vegas Sands Corp		6,473,668
	166,778		McDonald’s Corp		35,143,460
	211,992	*	Norwegian Cruise Line Holdings Ltd		10,480,884
	110,853		Royal Caribbean Cruises Ltd		12,896,638
	101,566		Service Corp International		4,686,255
	41,380		Vail Resorts, Inc		10,200,998
	74,244		Wyndham Destinations, Inc		3,493,923
			TOTAL CONSUMER SERVICES		88,165,698
DIVERSIFIED FINANCIALS - 5.8%
	333,971		Ally Financial, Inc		10,990,986
	68,714		American Express Co		8,545,960
	31,291		Ameriprise Financial, Inc		4,553,153
	68,370		Bank of New York Mellon Corp		3,207,920
	4,778		BlackRock, Inc		2,234,575
	166,897		Capital One Financial Corp		15,424,621
	46,883		CME Group, Inc		9,114,993
	57,598		Discover Financial Services		5,168,844
	68,940		E*TRADE Financial Corp		3,363,583
	45,775		Goldman Sachs Group, Inc		10,076,451
	16,685		IntercontinentalExchange Group, Inc		1,465,944
	270,000		iShares Russell 1000 Value Index Fund		34,678,800
	108,104		Legg Mason, Inc		4,071,197
	264,684		Morgan Stanley		11,794,319
	56,234		OneMain Holdings, Inc		2,330,899
	34,945		Raymond James Financial, Inc		2,819,013
	260,535		Santander Consumer USA Holdings, Inc		7,010,997
	242,556		SLM Corp		2,209,685
	145,677		Synchrony Financial		5,226,891
	43,625		T Rowe Price Group, Inc		4,946,639

35

TIAA-CREF FUNDS - Quant Large-Cap Value Fund

SHARES			COMPANY	VALUE
	51,118		Voya Financial, Inc	$	2,871,298
			TOTAL DIVERSIFIED FINANCIALS		152,106,768
ENERGY - 8.3%
	12,388		Anadarko Petroleum Corp		912,500
	1,541,142	*	Antero Resources Corp		7,104,664
	384,381		Cabot Oil & Gas Corp		7,364,740
	330,197		Chevron Corp		40,650,553
	102,076		Cimarex Energy Co		5,172,191
	351,740		ConocoPhillips		20,780,799
	221,616	*	Continental Resources, Inc		8,237,467
	137,333	*	Devon Energy Corp		3,707,991
	200,956		EOG Resources, Inc		17,252,073
	699,544		Exxon Mobil Corp		52,018,092
	215,702		HollyFrontier Corp		10,735,488
	283,530		Marathon Petroleum Corp		15,988,257
	248,380		Occidental Petroleum Corp		12,756,797
	315,713		PBF Energy, Inc		8,817,864
	41,021		Phillips 66		4,207,114
	52,564		Schlumberger Ltd		2,100,983
			TOTAL ENERGY		217,807,573
FOOD & STAPLES RETAILING - 2.0%
	297,771	*	US Foods Holding Corp		10,532,160
	60,418		Walgreens Boots Alliance, Inc		3,292,177
	350,263		Walmart, Inc		38,662,030
			TOTAL FOOD & STAPLES RETAILING		52,486,367
FOOD, BEVERAGE & TOBACCO - 4.5%
	88,514		Altria Group, Inc		4,166,354
	143,674		Coca-Cola Co		7,561,563
	28,713		General Mills, Inc		1,524,947
	124,542		Ingredion, Inc		9,625,851
	167,140		Lamb Weston Holdings, Inc		11,218,437
	435,883		Mondelez International, Inc		23,315,382
	111,182		PepsiCo, Inc		14,210,171
	385,191		Philip Morris International, Inc		32,205,820
	169,346		Tyson Foods, Inc (Class A)		13,463,007
			TOTAL FOOD, BEVERAGE & TOBACCO		117,291,532
HEALTH CARE EQUIPMENT & SERVICES - 7.4%
	65,102		Abbott Laboratories		5,670,384
	70,403		Anthem, Inc		20,741,428
	5,628		Becton Dickinson & Co		1,422,758
	17,404		Cigna Corp		2,957,288
	38,857		Cooper Cos, Inc		13,110,352
	436,936		CVS Health Corp		24,411,615
	79,002		Danaher Corp		11,099,781
	104,753		Encompass Health Corp		6,687,431
	95,945		HCA Healthcare, Inc		12,809,617
	220,631	*	Hologic, Inc		11,307,339

36

TIAA-CREF FUNDS - Quant Large-Cap Value Fund

SHARES			COMPANY	VALUE
	53,556		Humana, Inc	$	15,892,743
	77,656	*	Laboratory Corp of America Holdings		13,008,933
	204,146		Medtronic plc		20,810,643
	86,124		Universal Health Services, Inc (Class B)		12,992,667
	29,322		West Pharmaceutical Services, Inc		4,025,031
	126,286		Zimmer Biomet Holdings, Inc		17,065,027
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		194,013,037
HOUSEHOLD & PERSONAL PRODUCTS - 2.2%
	91,186		Colgate-Palmolive Co		6,541,684
	27,788		Kimberly-Clark Corp		3,769,442
	397,963		Procter & Gamble Co		46,975,552
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		57,286,678
INSURANCE - 7.6%
	135,642		Allstate Corp		14,567,951
	75,400		American Financial Group, Inc		7,719,452
	11,200		American International Group, Inc		627,088
	43,708		Arthur J. Gallagher & Co		3,952,514
	85,658		Assurant, Inc		9,710,191
	142,362	*	Athene Holding Ltd		5,816,911
	353,047	*	Berkshire Hathaway, Inc (Class B)		72,526,445
	62,021	*	Brighthouse Financial, Inc		2,429,363
	32,724		Chubb Ltd		5,001,536
	7,614		Erie Indemnity Co (Class A)		1,696,171
	37,289		Everest Re Group Ltd		9,196,959
	151,916		First American Financial Corp		8,783,783
	204,331		Hartford Financial Services Group, Inc		11,775,595
	61,290		Lincoln National Corp		4,004,689
	26,286		Marsh & McLennan Cos, Inc		2,597,057
	63,747		Mercury General Corp		3,615,092
	277,637		Metlife, Inc		13,720,821
	23,486		Progressive Corp		1,901,896
	91,618		Prudential Financial, Inc		9,281,820
	15,140		Travelers Cos, Inc		2,219,827
	240,858		UnumProvident Corp		7,695,413
	3,356		Willis Towers Watson plc		655,158
			TOTAL INSURANCE		199,495,732
MATERIALS - 4.1%
	13,286		Air Products & Chemicals, Inc		3,032,795
	6,965		Ardagh Group S.A.		115,828
	213,706	*	Berry Plastics Group, Inc		9,627,455
	252,302		CF Industries Holdings, Inc		12,504,087
	152,999		Domtar Corp		6,494,808
	347,522		Dow, Inc		16,833,966
	5,378		DuPont de Nemours, Inc		388,076
	53,148		Linde plc		10,166,149
	173,533		LyondellBasell Industries AF S.C.A		14,522,977
	423,980		Newmont Mining Corp		15,483,749
	158,210		Owens-Illinois, Inc		2,684,824
	139,598		Silgan Holdings, Inc		4,196,316

37

TIAA-CREF FUNDS - Quant Large-Cap Value Fund

SHARES			COMPANY	VALUE
	342,276		WestRock Co	$	12,339,050
			TOTAL MATERIALS		108,390,080
MEDIA & ENTERTAINMENT - 2.6%
	48,286		Activision Blizzard, Inc		2,353,460
	33,190		CBS Corp (Class B)		1,709,617
	359,415		Comcast Corp (Class A)		15,515,945
	130,481		Interpublic Group of Cos, Inc		2,990,625
	22	*	Liberty Broadband Corp (Class C)		2,189
	2,326	*	Liberty SiriusXM Group (Class C)		97,366
	87,481		Viacom, Inc (Class B)		2,655,048
	303,455		Walt Disney Co		43,397,100
			TOTAL MEDIA & ENTERTAINMENT		68,721,350
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.5%
	62,456		Allergan plc		10,024,188
	16,740		Amgen, Inc		3,123,349
	30,013	*	Biogen Idec, Inc		7,137,692
	94,824		Bristol-Myers Squibb Co		4,211,134
	228,278		Gilead Sciences, Inc		14,956,775
	472,355		Johnson & Johnson		61,510,068
	121,087		Merck & Co, Inc		10,049,010
	1,195,165		Pfizer, Inc		46,420,209
	51,980		Thermo Fisher Scientific, Inc		14,433,806
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		171,866,231
REAL ESTATE - 4.0%
	99,476		Boston Properties, Inc		13,225,334
	34,802		Camden Property Trust		3,609,315
	32,719		Coresite Realty		3,429,278
	275,103		Cousins Properties, Inc		9,678,124
	157,145		CyrusOne, Inc		9,020,123
	228,307		Douglas Emmett, Inc		9,319,492
	33,174		Equity Residential		2,617,097
	2,925		Essex Property Trust, Inc		883,994
	654,529		Host Marriott Corp		11,382,259
	204,416		Paramount Group, Inc		2,827,073
	4,633		Prologis, Inc		373,466
	40,661		Public Storage, Inc		9,870,864
	55,791		Simon Property Group, Inc		9,049,300
	116,675		SL Green Realty Corp		9,460,009
	200,300		Spirit Realty Capital, Inc		8,837,236
	45,630		Taubman Centers, Inc		1,848,928
	2,150		Ventas, Inc		144,674
			TOTAL REAL ESTATE		105,576,566
RETAILING - 4.0%
	170,979		Best Buy Co, Inc		13,085,023
	281,418		Dick’s Sporting Goods, Inc		10,460,307
	69,744		Dollar General Corp		9,347,091
	134,285		Home Depot, Inc		28,695,362

38

TIAA-CREF FUNDS - Quant Large-Cap Value Fund

SHARES			COMPANY	VALUE
	228,490		Kohl’s Corp	$	12,306,471
	158,797		L Brands, Inc		4,120,782
	196,819		Target Corp		17,005,162
	156,015	e	Williams-Sonoma, Inc		10,403,080
			TOTAL RETAILING		105,423,278
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.0%
	744,796		Intel Corp		37,649,438
	61,395		Lam Research Corp		12,807,611
	54,800	*	Micron Technology, Inc		2,459,972
	606,803	*	ON Semiconductor Corp		13,052,332
	168,175		Skyworks Solutions, Inc		14,341,964
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		80,311,317
SOFTWARE & SERVICES - 1.0%
	17,318		Alliance Data Systems Corp		2,717,541
	58,388		Amdocs Ltd		3,736,248
	16,327		Citrix Systems, Inc		1,538,656
	35,063		Cognizant Technology Solutions Corp (Class A)		2,284,004
	39,215		Fidelity National Information Services, Inc		5,225,399
	37,293		International Business Machines Corp		5,528,314
	42,798		Leidos Holdings, Inc		3,513,716
	29,991		LogMeIn, Inc		2,278,416
			TOTAL SOFTWARE & SERVICES		26,822,294
TECHNOLOGY HARDWARE & EQUIPMENT - 0.8%
	188,168		Corning, Inc		5,786,166
	32,686		Dolby Laboratories, Inc (Class A)		2,225,917
	10,163	*	F5 Networks, Inc		1,491,115
	50,060		Flir Systems, Inc		2,485,980
	80,422		HP, Inc		1,692,079
	35,595		Motorola Solutions, Inc		5,907,346
	56,821		National Instruments Corp		2,372,845
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		21,961,448
TELECOMMUNICATION SERVICES - 3.4%
	1,077,841		AT&T, Inc		36,700,486
	963,920		Verizon Communications, Inc		53,275,858
			TOTAL TELECOMMUNICATION SERVICES		89,976,344
TRANSPORTATION - 2.9%
	138,674		Alaska Air Group, Inc		8,786,385
	27,082		CSX Corp		1,906,573
	270,729		Delta Air Lines, Inc		16,525,298
	13,261		FedEx Corp		2,261,398
	105,472		Kansas City Southern Industries, Inc		13,051,105
	96,822		Norfolk Southern Corp		18,504,621
	155,449	*	United Continental Holdings, Inc		14,287,317
			TOTAL TRANSPORTATION		75,322,697

39

TIAA-CREF FUNDS - Quant Large-Cap Value Fund

SHARES			COMPANY	VALUE
UTILITIES - 5.4%
	676,604		AES Corp	$	11,360,181
	166,266		Ameren Corp		12,584,674
	161,422		American Electric Power Co, Inc		14,174,466
	129,270		CMS Energy Corp		7,526,099
	36,135		Dominion Resources, Inc		2,684,469
	240,410		Duke Energy Corp		20,848,355
	201,478		Edison International		15,018,170
	371,533		Exelon Corp		16,741,277
	316,239		MDU Resources Group, Inc		8,456,231
	37,431		National Fuel Gas Co		1,786,956
	46,691		NextEra Energy, Inc		9,672,975
	100,793	*,b	PG&E Corp		1,827,377
	361,852		Southern Co		20,336,082
			TOTAL UTILITIES		143,017,312
			TOTAL COMMON STOCKS		2,626,751,035
			(Cost $2,264,376,937)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.4%
GOVERNMENT AGENCY DEBT - 0.3%
$	7,540,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		7,540,000
			TOTAL GOVERNMENT AGENCY DEBT						7,540,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.1%
	1,998,127	c	State Street Navigator Securities Lending Government Money Market Portfolio						1,998,127
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						1,998,127
			TOTAL SHORT-TERM INVESTMENTS						9,538,127
			(Cost $9,538,127)
			TOTAL INVESTMENTS - 100.1%						2,636,289,162
			(Cost $2,273,915,064)
			OTHER ASSETS & LIABILITIES, NET - (0.1)%						(1,730,348	)
			NET ASSETS - 100.0%					$	2,634,558,814

*	Non-income producing
b	In bankruptcy
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $3,226,336.

40

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

TIAA-CREF FUNDS

QUANT SMALL-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.6%
AUTOMOBILES & COMPONENTS - 0.2%
	240,375	*	Modine Manufacturing Co	$	3,297,945
	47,042	*	Stoneridge, Inc		1,532,158
			TOTAL AUTOMOBILES & COMPONENTS		4,830,103
BANKS - 11.2%
	74,713		Ameris Bancorp		2,971,336
	211,300	*	Axos Financial, Inc		6,193,203
	415,200		Bank of NT Butterfield & Son Ltd		13,049,736
	841,703		Cadence BanCorp		14,426,789
	510,900		Cathay General Bancorp		19,015,698
	37,700		Civista Bancshares, Inc		835,809
	135,323		ConnectOne Bancorp, Inc		3,093,484
	331,200	*	Customers Bancorp, Inc		6,829,344
	135,550		Eagle Bancorp, Inc		5,464,020
	525,000	*	Essent Group Ltd		24,234,000
	129,400		Federal Agricultural Mortgage Corp (Class C)		9,998,738
	97,300		First Bancorp (NC)		3,594,262
	674,900		First Commonwealth Financial Corp		9,293,373
	160,400		First Merchants Corp		6,321,364
	535,343		First Midwest Bancorp, Inc		11,579,469
	49,381		First of Long Island Corp		1,092,308
	360,095		Flagstar Bancorp, Inc		12,416,076
	203,600		Fulton Financial Corp		3,461,200
	314,300		Great Western Bancorp, Inc		10,629,626
	139,900		Hanmi Financial Corp		3,006,451
	271,200		IBERIABANK Corp		21,308,184
	104,359		Independent Bank Corp (MI)		2,268,765
	145,900		Lakeland Bancorp, Inc		2,389,842
	253,630		LegacyTexas Financial Group, Inc		10,840,146
	325,182		Meta Financial Group, Inc		10,038,368
	382,800	*	NMI Holdings, Inc		9,524,064
	724,400		OFG Bancorp		16,393,172
	69,900		Old Second Bancorp, Inc		918,486
	197,000		PennyMac Financial Services, Inc		4,729,970
	50,800		Peoples Bancorp, Inc		1,646,428
	41,700		QCR Holdings, Inc		1,595,442
	1,015,700		Radian Group, Inc		23,157,960
	144,859		Sandy Spring Bancorp, Inc		5,278,662
	118,865	*	TCF Financial Corp		4,997,085
	751,412		United Community Banks, Inc		21,565,525
	130,579		Univest Corp of Pennsylvania		3,585,699
	88,800		Veritex Holdings, Inc		2,272,392
	373,300		Walker & Dunlop, Inc		21,778,322
	190,500		WesBanco, Inc		6,968,490

41

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	246,800		WSFS Financial Corp	$	10,456,916
			TOTAL BANKS		349,220,204
CAPITAL GOODS - 10.5%
	56,290		AAR Corp		2,356,299
	75,800		Advanced Drainage Systems, Inc		2,496,094
	159,500	*	Aerojet Rocketdyne Holdings, Inc		6,813,840
	209,800		Applied Industrial Technologies, Inc		12,764,232
	293,300		Arcosa, Inc		10,998,750
	203,600	*	Astronics Corp		7,500,624
	642,743	*	Atkore International Group, Inc		17,540,457
	130,900		AZZ, Inc		6,097,322
	428,783	*	BMC Stock Holdings, Inc		9,068,760
	694,900	*	Builders FirstSource, Inc		11,938,382
	455,600		Comfort Systems USA, Inc		19,135,200
	246,200	*	Continental Building Products, Inc		6,051,596
	64,679		CSW Industrials, Inc		4,566,984
	92,100		Douglas Dynamics, Inc		3,785,310
	49,000	*	Ducommun, Inc		2,065,350
	71,013	*	DXP Enterprises, Inc		2,410,891
	245,166		EMCOR Group, Inc		20,689,559
	541,600	*	Enphase Energy, Inc		15,246,040
	76,900		ESCO Technologies, Inc		6,425,764
	48,923	*	Foundation Building Materials, Inc		841,965
	325,300	*	Generac Holdings, Inc		23,519,190
	511,057	*	GMS, Inc		11,503,893
	464,000	*	Great Lakes Dredge & Dock Corp		4,978,720
	498,100	*	Harsco Corp		11,685,426
	174,000	*	Herc Holdings, Inc		7,854,360
	188,300		Hillenbrand, Inc		6,343,827
	120,050		Kadant, Inc		11,219,873
	421,739	*	Meritor, Inc		10,429,606
	192,740		Moog, Inc (Class A)		15,700,600
	215,713		Mueller Industries, Inc		6,512,376
	291,170	*	Parsons Corp		10,688,851
	493,500	*	PGT, Inc		7,955,220
	126,500		Quanex Building Products Corp		2,355,430
	580,100	*	Rexnord Corp		16,991,129
	138,400	*	Titan Machinery, Inc		2,870,416
	178,288	*	Trimas Corp		5,346,857
	78,039	*	Vectrus, Inc		3,155,897
			TOTAL CAPITAL GOODS		327,905,090
COMMERCIAL & PROFESSIONAL SERVICES - 4.1%
	28,570		Barrett Business Services, Inc		2,499,875
	204,500	*	CBIZ, Inc		4,779,165
	46,129		CRA International, Inc		2,002,921
	343,047		Exponent, Inc		23,601,633
	137,400		Heidrick & Struggles International, Inc		4,080,780
	94,100		ICF International, Inc		8,016,379
	223,746		Insperity, Inc		23,795,387
	118,800		Kimball International, Inc (Class B)		2,059,992

42

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	87,788		MSA Safety, Inc	$	9,248,466
	286,059		Tetra Tech, Inc		22,655,873
	121,600	*	TriNet Group, Inc		8,942,464
	243,656		Viad Corp		16,846,376
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		128,529,311
CONSUMER DURABLES & APPAREL - 3.1%
	40,759	*	Cavco Industries, Inc		7,228,609
	139,100	*	Deckers Outdoor Corp		21,738,548
	27,584		Johnson Outdoors, Inc		1,875,436
	395,083	*	Kontoor Brands, Inc		11,587,784
	226,800		La-Z-Boy, Inc		7,482,132
	177,250	*	Malibu Boats, Inc		5,340,543
	165,415	*	MasterCraft Boat Holdings, Inc		2,745,889
	5,122		Movado Group, Inc		134,862
	415,662		Skyline Corp		11,846,367
	773,400	*,e	Sonos, Inc		8,391,390
	276,050		Steven Madden Ltd		9,526,485
	127,600	*	TopBuild Corp		10,352,188
			TOTAL CONSUMER DURABLES & APPAREL		98,250,233
CONSUMER SERVICES - 3.2%
	231,800		BBX Capital Corp		999,058
	515,371	*	Career Education Corp		9,771,434
	43,600		Carriage Services, Inc		833,632
	646,400	*	Houghton Mifflin Harcourt Co		3,781,440
	215,400		Jack in the Box, Inc		15,472,182
	261,900	*	K12, Inc		7,817,715
	650,200	*	Laureate Education, Inc		10,656,778
	189,900		Ruth’s Chris Steak House, Inc		4,229,073
	449,100	*	Scientific Games Corp (Class A)		9,184,095
	109,200		Strategic Education, Inc		19,436,508
	322,700		Texas Roadhouse, Inc (Class A)		17,822,721
			TOTAL CONSUMER SERVICES		100,004,636
DIVERSIFIED FINANCIALS - 5.6%
	344,371	e	Arlington Asset Investment Corp (Class A)		2,265,961
	59,004	*	Assetmark Financial Holdings, Inc		1,669,223
	617,500		Brightsphere Investment Group, Inc		6,607,250
	280,700	*	Cowen Group, Inc		4,929,092
	254,000	*,e	Encore Capital Group, Inc		9,138,920
	245,533	*	Enova International, Inc		6,617,115
	845,300		FGL Holdings		6,889,195
	207,842		Houlihan Lokey, Inc		9,560,732
	650,000	e	iShares Russell 2000 Index Fund		101,764,000
	316,494		Orchid Island Capital, Inc		1,959,098
	35,900	*	Regional Management Corp		866,267
	353,026		Stifel Financial Corp		21,114,485
			TOTAL DIVERSIFIED FINANCIALS		173,381,338

43

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
ENERGY - 4.8%
	105,853	*	Abraxas Petroleum Corp	$	92,135
	157,800	*	Bonanza Creek Energy, Inc		3,440,040
	715,200	*	C&J Energy Services, Inc		7,824,288
	239,684		CVR Energy, Inc		12,720,030
	456,012		Delek US Holdings, Inc		19,644,997
	138,320		Evolution Petroleum Corp		843,752
	296,348	*	Exterran Corp		4,045,150
	600,900		Green Plains Renewable Energy, Inc		6,063,081
	966,900	*	Keane Group, Inc		6,081,801
	226,600		Liberty Oilfield Services, Inc		3,206,390
	244,700		Mammoth Energy Services, Inc		1,585,656
	138,953	*	Matrix Service Co		2,552,567
	899,900	*	McDermott International, Inc		5,777,358
	161,100	*	Midstates Petroleum Co, Inc		733,005
	2,184,100	*	Oasis Petroleum, Inc		10,636,567
	525,239	*	Par Pacific Holdings, Inc		12,112,011
	430,700		Peabody Energy Corp		9,070,542
	704,500	*	ProPetro Holding Corp		12,772,585
	494,800	*	Renewable Energy Group, Inc		6,724,332
	544,035	*	SandRidge Energy, Inc		3,672,236
	219,402	*	Talos Energy, Inc		4,515,293
	379,500		World Fuel Services Corp		14,815,680
			TOTAL ENERGY		148,929,496
FOOD & STAPLES RETAILING - 0.6%
	123,947	*	Natural Grocers by Vitamin C		1,136,594
	415,200	*	Performance Food Group Co		18,206,520
			TOTAL FOOD & STAPLES RETAILING		19,343,114
FOOD, BEVERAGE & TOBACCO - 2.2%
	61,300	*	Boston Beer Co, Inc (Class A)		24,049,216
	109,000	e	Calavo Growers, Inc		9,639,960
	19,784		Coca-Cola Bottling Co Consolidated		5,807,198
	79,200	*	Craft Brewers Alliance, Inc		1,244,232
	2,136,747	e	Dean Foods Co		3,098,283
	97,505		Lancaster Colony Corp		15,193,229
	371,963	*	Simply Good Foods Co		10,128,552
			TOTAL FOOD, BEVERAGE & TOBACCO		69,160,670
HEALTH CARE EQUIPMENT & SERVICES - 5.6%
	118,900	*	Cardiovascular Systems, Inc		5,449,187
	168,300		Conmed Corp		14,701,005
	232,800	*	Globus Medical, Inc		10,611,024
	2,816	*,e	Health Catalyst, Inc		124,608
	661,500	*	HMS Holdings Corp		23,086,350
	269,900	*	Integer Holding Corp		23,624,347
	683,300	*	Lantheus Holdings, Inc		15,456,246
	93,900	*	LivaNova plc		7,234,995
	32,138	*	Livongo Health, Inc		1,422,106
	148,600	*	Magellan Health Services, Inc		10,452,524
	117,200	*	Merit Medical Systems, Inc		4,624,712
	280,300	*	NuVasive, Inc		18,667,980

44

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	725,276	*	OraSure Technologies, Inc	$	6,056,055
	272,800	*	Orthofix International NV		14,581,160
	26,348	*	Phreesia, Inc		720,091
	628,000	*	Select Medical Holdings Corp		10,512,720
	106,400	*	Staar Surgical Co		3,118,584
	104,744	*	SurModics, Inc		4,367,825
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		174,811,519
HOUSEHOLD & PERSONAL PRODUCTS - 0.8%
	125,300		Medifast, Inc		13,989,745
	171,160	*	USANA Health Sciences, Inc		11,647,438
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		25,637,183
INSURANCE - 2.0%
	384,115		American Equity Investment Life Holding Co		9,910,167
	158,100		Amerisafe, Inc		10,285,986
	81,900		Employers Holdings, Inc		3,595,410
	2,558,889	*	Genworth Financial, Inc (Class A)		10,209,967
	368,033	*,e	Health Insurance Innovations, Inc		8,093,046
	126,459		Heritage Insurance Holdings, Inc		1,699,609
	135,000		James River Group Holdings Ltd		6,457,050
	417,418	*	Third Point Reinsurance Ltd		4,207,573
	92,600		United Insurance Holdings Corp		1,049,158
	270,076		Universal Insurance Holdings, Inc		6,700,586
			TOTAL INSURANCE		62,208,552
MATERIALS - 5.1%
	3,695,600	*,e	AK Steel Holding Corp		10,421,592
	368,100		Boise Cascade Co		9,938,700
	808,100		Commercial Metals Co		14,149,831
	673,900	*	Ferroglobe plc		0
	523,300	*	Gold Resource Corp		1,878,647
	185,372		Greif, Inc (Class A)		6,480,605
	105,100		Innospec, Inc		9,814,238
	102,007	*	Koppers Holdings, Inc		2,784,791
	270,600		Kronos Worldwide, Inc		3,628,746
	175,800		Materion Corp		10,922,454
	59,834		Olympic Steel, Inc		752,712
	159,400	*	Omnova Solutions, Inc		1,586,030
	161,800		PolyOne Corp		5,302,186
	126,000	*	Ryerson Holding Corp		1,028,160
	576,615		Schnitzer Steel Industries, Inc (Class A)		15,355,257
	137,900		Stepan Co		13,672,785
	815,300	*	Summit Materials, Inc		15,034,132
	598,040	*	SunCoke Energy, Inc		4,539,123
	287,702		Trinseo S.A.		11,165,715
	295,420	*	Verso Corp		4,779,896
	388,700		Warrior Met Coal, Inc		9,616,438
	127,159	*	Worthington Industries, Inc		5,114,335
			TOTAL MATERIALS		157,966,373

45

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
MEDIA & ENTERTAINMENT - 1.8%
	195,000	*	Cargurus, Inc	$	7,267,650
	384,013		Entravision Communications Corp (Class A)		1,251,883
	331,200		EW Scripps Co (Class A)		5,077,296
	1,552,300	*	Glu Mobile, Inc		11,580,158
	484,800	*	Imax Corp		10,641,360
	167,800	*	Liberty Braves Group (Class C)		4,827,606
	232,039	*	Liberty Latin America Ltd (Class A)		3,803,119
	430,800	*	MSG Networks, Inc		8,180,892
	104,964	*	TechTarget, Inc		2,416,271
			TOTAL MEDIA & ENTERTAINMENT		55,046,235
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.6%
	1,691,558	*	Achillion Pharmaceuticals, Inc		7,459,771
	13,143	*	Adaptive Biotechnologies Corp		506,663
	955,600	*,e	Akebia Therapeutics, Inc		4,003,964
	953,300	*	Akorn, Inc		3,546,276
	430,055	*,e	AMAG Pharmaceuticals, Inc		3,552,254
	63,085	*	Amicus Therapeutics, Inc		782,254
	701,897	*	Amneal Pharmaceuticals, Inc		2,568,943
	353,673	*	Amphastar Pharmaceuticals, Inc		7,126,511
	260,522	*	Ardelyx, Inc		627,858
	550,700	*	Arqule, Inc		5,556,563
	125,547	*,e	Arvinas, Inc		3,349,594
	182,085	*	Assembly Biosciences, Inc		2,276,062
	187,900	*	Audentes Therapeutics, Inc		7,313,068
	710,300	*	BioDelivery Sciences International, Inc		2,635,213
	31,722	*	Biohaven Pharmaceutical Holding Co Ltd		1,365,315
	39,900	*	Biospecifics Technologies Corp		2,318,190
	274,027	*	Calithera Biosciences, Inc		1,161,874
	153,932	*	CareDx, Inc		5,044,352
	147,510	*	Castle Biosciences, Inc		2,898,571
	358,500	*	Chimerix, Inc		1,290,600
	291,179	*	Concert Pharmaceuticals, Inc		2,929,261
	58,777	*,e	Cortexyme Inc		2,080,706
	383,005	*	CytomX Therapeutics, Inc		3,948,782
	114,200	*	Enanta Pharmaceuticals, Inc		8,567,284
	215,000	*	Esperion Thereapeutics, Inc		8,533,350
	308,160	*	Five Prime Therapeutics, Inc		1,574,698
	591,921	*	Fluidigm Corp		6,955,072
	210,300	*	Genomic Health, Inc		15,345,591
	356,076	*	Halozyme Therapeutics, Inc		6,049,731
	101,100	*	Heron Therapeutics, Inc		1,763,184
	313,100	*	Insmed, Inc		6,872,545
	290,987	*	Intersect ENT, Inc		5,752,813
	319,724	*	Intra-Cellular Therapies, Inc		2,669,695
	305,779	*	Invitae Corp		8,222,397
	26,519	*	Kala Pharmaceuticals, Inc		155,932
	234,400	*	Kura Oncology, Inc		4,481,728
	262,800		Luminex Corp		5,710,644
	383,789	*	MacroGenics, Inc		5,522,724
	114,000	*,e	Medicines Co		4,085,760
	373,000	*	Myriad Genetics, Inc		10,869,220

46

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	348,200	*	NanoString Technologies, Inc	$	11,441,852
	424,400	*	Natera, Inc		11,704,952
	314,100	*	NeoGenomics, Inc		7,654,617
	326,600	*	Pacira Pharmaceuticals, Inc		14,334,474
	285,050		Phibro Animal Health Corp		8,873,606
	392,000	*	Pieris Pharmaceuticals, Inc		2,156,000
	39,800	*	Principia Biopharma, Inc		1,478,172
	536,100	*	Puma Biotechnology, Inc		5,173,365
	216,300	*	Recro Pharma, Inc		2,076,480
	364,189	*	Retrophin, Inc		7,207,300
	162,889	*	SIGA Technologies, Inc		912,178
	248,563	*	Syneos Health, Inc		12,699,084
	205,800	*	Twist Bioscience Corp		6,939,576
	580,400	*	Vanda Pharmaceuticals, Inc		7,225,980
	431,300	*	Veracyte, Inc		12,235,981
	432,000	*	Vericel Corp		8,259,840
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		297,848,470
REAL ESTATE - 8.3%
	307,900		Alexander & Baldwin, Inc		7,238,729
	272,600		American Assets Trust, Inc		12,648,640
	548,800		Ashford Hospitality Trust, Inc		1,487,248
	152,359		Bluerock Residential Growth REIT, Inc		1,796,313
	175,180		CareTrust REIT, Inc		4,069,431
	641,612		CoreCivic, Inc		10,888,156
	722,080		DiamondRock Hospitality Co		7,271,345
	216,700		EastGroup Properties, Inc		26,108,016
	292,442		First Industrial Realty Trust, Inc		11,168,360
	839,500		Geo Group, Inc		14,951,495
	250,059		Global Net Lease, Inc		4,881,152
	480,619		Mack-Cali Realty Corp		11,429,120
	353,000		Monmouth Real Estate Investment Corp (Class A)		4,867,870
	444,700		National Storage Affiliates Trust		13,469,963
	923,748		Newmark Group, Inc		9,108,155
	707,800		Piedmont Office Realty Trust, Inc		14,729,318
	602,055		Preferred Apartment Communities, Inc		8,723,777
	154,528		PS Business Parks, Inc		27,042,400
	27,843		RMR Group, Inc		1,370,989
	225,200		Ryman Hospitality Properties		16,890,000
	132,599		Saul Centers, Inc		7,265,099
	695,000		Senior Housing Properties Trust		5,699,000
	524,200		STAG Industrial, Inc		15,579,224
	625,000		Summit Hotel Properties, Inc		6,943,750
	746,400		Tanger Factory Outlet Centers, Inc		11,852,832
			TOTAL REAL ESTATE		257,480,382
RETAILING - 4.3%
	272,700	*	1-800-FLOWERS.COM, Inc (Class A)		5,339,466
	188,469		Aaron’s, Inc		11,882,971
	311,800		Abercrombie & Fitch Co (Class A)		5,902,374
	128,376		Expedia, Inc		17,040,630

47

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	2,978,900	*	Groupon, Inc	$	9,383,535
	487,000	*	Hibbett Sports, Inc		8,960,800
	15,057	*,e	RealReal, Inc		369,650
	734,300	*	Rent-A-Center, Inc		19,848,129
	9,830	*,e	Revolve Group, Inc		338,840
	100,000	*,e	RH		13,940,000
	277,500	e	Shoe Carnival, Inc		7,042,950
	627,281		Signet Jewelers Ltd		11,378,877
	229,500	*	Sleep Number Corp		11,284,515
	269,515	*	Stamps.com, Inc		12,869,341
			TOTAL RETAILING		135,582,078
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.1%
	21,689		Cabot Microelectronics Corp		2,638,467
	307,870	*	Diodes, Inc		13,115,262
	195,600	*	Formfactor, Inc		3,282,168
	104,300	*,e	Impinj, Inc		3,775,660
	205,500	*	Inphi Corp		12,373,155
	1,030,600	*	Lattice Semiconductor Corp		19,931,804
	859,700	*	Rambus, Inc		10,711,862
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		65,828,378
SOFTWARE & SERVICES - 6.1%
	141,400	*	Altair Engineering, Inc		5,883,654
	160,800	*	Bottomline Technologies, Inc		6,768,072
	300,900	*	Cornerstone OnDemand, Inc		17,813,280
	1,157	*	Crowdstrike Holdings, Inc		103,054
	184,500	*	eGain Corp		1,428,030
	187,938		EVERTEC, Inc		6,017,775
	386,600	*	Five9, Inc		19,086,442
	121,500	*	I3 Verticals, Inc		3,471,255
	211,586		Mantech International Corp (Class A)		14,552,885
	16,541	*	Medallia, Inc		659,159
	286,600	*	Mitek Systems, Inc		2,877,464
	683,100		Perspecta, Inc		15,936,723
	104,200		Science Applications International Corp		8,895,554
	142,500	*	SPS Commerce, Inc		15,935,775
	251,900	*	SVMK, Inc		4,274,743
	174,555	*	Telaria, Inc		1,413,895
	172,700	*	Tenable Holdings, Inc		4,327,862
	186,945	*	Upland Software, Inc		8,223,710
	414,100	*	Verint Systems, Inc		23,963,967
	210,100	*,e	Verra Mobility Corp		2,909,885
	168,300	*	Virtusa Corp		7,519,644
	248,000	*	Workiva, Inc		14,257,520
	290,825	*	Zix Corp		2,649,416
			TOTAL SOFTWARE & SERVICES		188,969,764
TECHNOLOGY HARDWARE & EQUIPMENT - 3.9%
	86,400	*	Agilysys, Inc		2,119,392
	138,500	*	Anixter International, Inc		8,913,860
	202,348		AVX Corp		3,081,760

48

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY					VALUE
	131,700		Comtech Telecommunications Corp					$	3,919,392
	1,093,500	*	Extreme Networks, Inc						8,901,090
	291,600	*	Insight Enterprises, Inc						16,043,832
	630,496		Kemet Corp						12,685,579
	48,200	*	OSI Systems, Inc						5,425,392
	278,200	*	Ribbon Communications, Inc						1,368,744
	453,300	*	Sanmina Corp						14,392,275
	195,320	*	Tech Data Corp						19,793,729
	770,100	*	TTM Technologies, Inc						8,055,246
	880,700		Vishay Intertechnology, Inc						14,971,900
	48,539	*	Vishay Precision Group, Inc						1,977,479
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						121,649,670
TELECOMMUNICATION SERVICES - 0.2%
	181,900		Shenandoah Telecom Co						7,159,584
			TOTAL TELECOMMUNICATION SERVICES						7,159,584
TRANSPORTATION - 1.3%
	239,150		Arkansas Best Corp						7,157,760
	96,400	*	Covenant Transportation Group, Inc						1,624,340
	304,366	*	Daseke, Inc						1,126,154
	161,700		Forward Air Corp						10,187,100
	332,388		Heartland Express, Inc						6,594,578
	183,700	*	Hub Group, Inc (Class A)						8,330,795
	198,400		Marten Transport Ltd						3,981,888
	306,200	*	Radiant Logistics, Inc						1,681,038
			TOTAL TRANSPORTATION						40,683,653
UTILITIES - 3.0%
	148,200		Avista Corp						6,821,646
	82,703		Black Hills Corp						6,545,942
	210,391		Clearway Energy, Inc (Class A)						3,612,414
	65,700		Otter Tail Corp						3,507,066
	506,900		Portland General Electric Co						27,803,465
	247,990		Southwest Gas Corp						22,048,791
	236,200		Spire, Inc						19,465,242
	46,279		Unitil Corp						2,710,561
			TOTAL UTILITIES						92,515,127
			TOTAL COMMON STOCKS						3,102,941,163
			(Cost $2,877,492,036)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 1.9%
GOVERNMENT AGENCY DEBT - 0.7%
$	22,480,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		22,480,000
			TOTAL GOVERNMENT AGENCY DEBT						22,480,000

49

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.2%
	38,124,637	c	State Street Navigator Securities Lending Government Money Market Portfolio	$	38,124,637
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		38,124,637
			TOTAL SHORT-TERM INVESTMENTS		60,604,637
			(Cost $60,604,637)
			TOTAL INVESTMENTS - 101.5%		3,163,545,800
			(Cost $2,938,096,673)
			OTHER ASSETS & LIABILITIES, NET - (1.5)%		(46,331,447	)
			NET ASSETS - 100.0%	$	3,117,214,353

	Abbreviation(s):
REIT	Real Estate Investment Trust
*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $146,176,602.

50

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

TIAA-CREF FUNDS

QUANT SMALL/MID-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 0.2%
	53,864	*	Stoneridge, Inc	$	1,754,351
			TOTAL AUTOMOBILES & COMPONENTS		1,754,351
BANKS - 8.3%
	114,647		Associated Banc-Corp		2,484,400
	65,452		Bank of NT Butterfield & Son Ltd		2,057,156
	69,313		BankUnited		2,385,060
	17,500		Berkshire Hills Bancorp, Inc		574,000
	50,471		Cathay General Bancorp		1,878,531
	65,538		Central Pacific Financial Corp		1,931,405
	38,785		ConnectOne Bancorp, Inc		886,625
	57,171		East West Bancorp, Inc		2,744,780
	42,580	*	Essent Group Ltd		1,965,493
	402,087		First Bancorp (Puerto Rico)		4,326,456
	102,849		First Hawaiian, Inc		2,752,239
	150,700		First Horizon National Corp		2,471,480
	44,629		Great Western Bancorp, Inc		1,509,353
	49,561		Hancock Holding Co		2,057,773
	56,081		Heritage Commerce Corp		693,722
	82,500		Hilltop Holdings, Inc		1,871,100
	14,958		HomeTrust Bancshares, Inc		390,853
	24,692		LegacyTexas Financial Group, Inc		1,055,336
	80,685		National Bank Holdings Corp		2,927,252
	195,000		New York Community Bancorp, Inc		2,248,350
	23,200	*	NMI Holdings, Inc		577,216
	118,567		OFG Bancorp		2,683,171
	14,959		Peoples Bancorp, Inc		484,821
	47,104		Popular, Inc		2,711,306
	94,599		TFS Financial Corp		1,698,998
	68,605	*	The Bancorp, Inc		664,096
	23,740		Trico Bancshares		896,185
	45,318		United Financial Bancorp, Inc (New)		649,860
	29,400		Webster Financial Corp		1,499,400
	32,142		Wintrust Financial Corp		2,299,439
	27,783		WSFS Financial Corp		1,177,166
	65,786		Zions Bancorporation		2,964,975
			TOTAL BANKS		57,517,997
CAPITAL GOODS - 13.5%
	64,949		Advanced Drainage Systems, Inc		2,138,770
	22,363		Albany International Corp (Class A)		1,922,994
	36,551		Allegion plc		3,784,490
	63,048		Allison Transmission Holdings, Inc		2,897,055
	33,000	*	Astronics Corp		1,215,720

51

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
	101,203	*	Atkore International Group, Inc	$	2,761,830
	31,577		AZZ, Inc		1,470,857
	108,300	*	BMC Stock Holdings, Inc		2,290,545
	149,226	*	Builders FirstSource, Inc		2,563,703
	23,400		Carlisle Cos, Inc		3,374,514
	43,352		Comfort Systems USA, Inc		1,820,784
	22,658		Curtiss-Wright Corp		2,875,527
	53,744		EMCOR Group, Inc		4,535,456
	63,562		Federal Signal Corp		1,979,956
	59,300		Flowserve Corp		2,966,779
	63,325	*	Foundation Building Materials, Inc		1,089,823
	77,996		Graco, Inc		3,750,048
	132,580	*	Harsco Corp		3,110,327
	60,886	*	HD Supply Holdings, Inc		2,466,492
	19,702		HEICO Corp (Class A)		2,076,394
	25,903		IDEX Corp		4,357,403
	71,530		ITT, Inc		4,464,902
	70,646	*	JELD-WEN Holding, Inc		1,547,854
	100,179	*	Meritor, Inc		2,477,427
	90,569	*	Milacron Holdings Corp		1,525,182
	20,868		Moog, Inc (Class A)		1,699,907
	118,660	*	MRC Global, Inc		1,855,842
	56,975	*	MYR Group, Inc		2,057,937
	96,954		nVent Electric plc		2,403,490
	37,180		Oshkosh Truck Corp		3,107,132
	35,051		Primoris Services Corp		734,669
	66,228		Quanta Services, Inc		2,478,252
	28,556		Spirit Aerosystems Holdings, Inc (Class A)		2,194,243
	45,533	*	SPX Corp		1,589,102
	41,103	*	SPX FLOW, Inc		1,667,138
	47,134	*	Thermon Group Holdings		1,194,375
	96,195		Universal Forest Products, Inc		3,889,164
	36,865	*	Vectrus, Inc		1,490,821
	19,349		Watts Water Technologies, Inc (Class A)		1,796,168
			TOTAL CAPITAL GOODS		93,623,072
COMMERCIAL & PROFESSIONAL SERVICES - 2.4%
	28,415		Brady Corp (Class A)		1,469,908
	41,192		Insperity, Inc		4,380,769
	82,334		Kforce, Inc		2,806,766
	28,843		Kimball International, Inc (Class B)		500,138
	50,280		Robert Half International, Inc		3,037,415
	38,563	*	SP Plus Corp		1,331,580
	29,342		Systemax, Inc		636,721
	32,185	*	TriNet Group, Inc		2,366,885
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		16,530,182
CONSUMER DURABLES & APPAREL - 3.3%
	9,636	*	Cavco Industries, Inc		1,708,945
	22,076		Columbia Sportswear Co		2,339,614
	11,700	*	Deckers Outdoor Corp		1,828,476
	284,500	*	GoPro, Inc		1,505,005

52

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
	8,143	*	Lululemon Athletica, Inc	$	1,556,046
	34,404	*	Malibu Boats, Inc		1,036,592
	18,959	*	Meritage Homes Corp		1,190,815
	28,029		Movado Group, Inc		738,004
	879	*	NVR, Inc		2,939,499
	40,813		Pulte Homes, Inc		1,286,018
	14,924		Ralph Lauren Corp		1,555,528
	51,800	*	Skechers U.S.A., Inc (Class A)		1,965,292
	104,360		Skyline Corp		2,974,260
			TOTAL CONSUMER DURABLES & APPAREL		22,624,094
CONSUMER SERVICES - 4.1%
	129,778		Bloomin’ Brands, Inc		2,210,119
	22,596	*	Bright Horizons Family Solutions		3,436,174
	38,003		Brinker International, Inc		1,514,419
	101,248	*	Career Education Corp		1,919,662
	114,536		Extended Stay America, Inc		1,915,042
	53,546	*	frontdoor, Inc		2,443,839
	26,400		Jack in the Box, Inc		1,896,312
	53,707	*	K12, Inc		1,603,154
	43,200	*	Planet Fitness, Inc		3,398,112
	69,759	*	Regis Corp		1,276,590
	79,657	*	Scientific Games Corp (Class A)		1,628,986
	50,055	*	ServiceMaster Global Holdings, Inc		2,664,428
	12,685		Strategic Education, Inc		2,257,803
			TOTAL CONSUMER SERVICES		28,164,640
DIVERSIFIED FINANCIALS - 4.2%
	79,460		Artisan Partners Asset Management, Inc		2,351,221
	152,759		Brightsphere Investment Group, Inc		1,634,521
	99,127	*	Cannae Holdings, Inc		2,869,727
	28,937		FirstCash, Inc		2,912,220
	31,607	*	INTL FCStone, Inc		1,288,933
	89,372		Ladder Capital Corp		1,504,131
	137,485		Ladenburg Thalmann Financial Services, Inc		424,829
	66,852		LPL Financial Holdings, Inc		5,606,877
	11,500		MarketAxess Holdings, Inc		3,875,960
	15,219		Morningstar, Inc		2,312,984
	62,416		OneMain Holdings, Inc		2,587,143
	2,000		Vanguard Small-Cap ETF		317,080
	64,745		Virtu Financial, Inc		1,403,672
			TOTAL DIVERSIFIED FINANCIALS		29,089,298
ENERGY - 3.0%
	157,029		Archrock, Inc		1,724,178
	32,240	*	Bonanza Creek Energy, Inc		702,832
	40,800	*	Brigham Minerals, Inc		875,160
	485,911	*	Clean Energy Fuels Corp		1,297,382
	40,798		CVR Energy, Inc		2,165,150
	49,546	*	Exterran Corp		676,303
	77,526	*	FTS International, Inc		307,778

53

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
	44,000		HollyFrontier Corp	$	2,189,880
	126,308	*	Keane Group, Inc		794,477
	341,382		Kosmos Energy Ltd		2,051,706
	72,246	e	Liberty Oilfield Services, Inc		1,022,281
	87,235	*	Parsley Energy, Inc		1,447,229
	105,820	*	Renewable Energy Group, Inc		1,438,094
	49,100		Scorpio Tankers, Inc		1,286,911
	65,545		World Fuel Services Corp		2,558,877
			TOTAL ENERGY		20,538,238
FOOD & STAPLES RETAILING - 1.0%
	60,090	*	Performance Food Group Co		2,634,947
	87,493		Spartan Stores, Inc		1,034,167
	97,395	*	US Foods Holding Corp		3,444,861
			TOTAL FOOD & STAPLES RETAILING		7,113,975
FOOD, BEVERAGE & TOBACCO - 1.2%
	37,600	*	Freshpet, Inc		1,697,640
	25,677		Lamb Weston Holdings, Inc		1,723,440
	21,500	*	Post Holdings, Inc		2,305,230
	98,485	*	Simply Good Foods Co		2,681,747
			TOTAL FOOD, BEVERAGE & TOBACCO		8,408,057
HEALTH CARE EQUIPMENT & SERVICES - 5.2%
	26,891	*	DexCom, Inc		4,218,391
	60,443		Encompass Health Corp		3,858,681
	54,833		Hill-Rom Holdings, Inc		5,847,391
	25,452	*	Integer Holding Corp		2,227,814
	20,771	*	iRhythm Technologies, Inc		1,726,901
	27,400	*	Molina Healthcare, Inc		3,638,172
	30,474	*	Orthofix International NV		1,628,835
	41,160	*	Providence Service Corp		2,294,259
	63,000	*	Select Medical Holdings Corp		1,054,620
	32,900	*,e	Silk Road Medical Inc		1,424,241
	25,655		STERIS plc		3,819,003
	34,600	*	Tactile Systems Technology, Inc		1,997,804
	12,556	*	Veeva Systems, Inc		2,083,040
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		35,819,152
INSURANCE - 3.9%
	61,061		American Equity Investment Life Holding Co		1,575,374
	27,914		American Financial Group, Inc		2,857,835
	26,200		Argo Group International Holdings Ltd		1,793,128
	30,731		Assurant, Inc		3,483,666
	49,596		Axis Capital Holdings Ltd		3,157,777
	10,860		Erie Indemnity Co (Class A)		2,419,282
	34,397		Mercury General Corp		1,950,654
	77,138		Old Republic International Corp		1,759,518
	50,864		ProAssurance Corp		1,988,274
	24,293		Reinsurance Group of America, Inc (Class A)		3,787,765
	2,386		White Mountains Insurance Group Ltd		2,567,336
			TOTAL INSURANCE		27,340,609

54

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
MATERIALS - 4.0%
	31,765		American Vanguard Corp	$	453,604
	5,863		Avery Dennison Corp		673,483
	108,230	*	Axalta Coating Systems Ltd		3,206,855
	69,520	*	Berry Plastics Group, Inc		3,131,876
	66,741		Boise Cascade Co		1,802,007
	41,429		Cabot Corp		1,852,705
	37,541		Carpenter Technology Corp		1,689,720
	76,500		CF Industries Holdings, Inc		3,791,340
	57,600		PolyOne Corp		1,887,552
	17,570		Reliance Steel & Aluminum Co		1,756,121
	23,493		Royal Gold, Inc		2,688,774
	64,300		Silgan Holdings, Inc		1,932,858
	90,011		Steel Dynamics, Inc		2,836,247
			TOTAL MATERIALS		27,703,142
MEDIA & ENTERTAINMENT - 2.4%
	31,607	*	AMC Networks, Inc		1,687,182
	53,882	*	Cargurus, Inc		2,008,182
	78,316	*	Gray Television, Inc		1,390,109
	5,823	*	IAC/InterActiveCorp		1,391,988
	115,200		Interpublic Group of Cos, Inc		2,640,384
	77,797	*	Liberty Latin America Ltd (Class A)		1,275,093
	76,200	*	Liberty Media Group (Class C)		3,000,756
	130,189	*	Liberty TripAdvisor Holdings, Inc		1,503,683
	15,844		Nexstar Broadcasting Group, Inc (Class A)		1,612,444
			TOTAL MEDIA & ENTERTAINMENT		16,509,821
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.6%
	147,312	*	Akebia Therapeutics, Inc		617,237
	7,825	*	Alnylam Pharmaceuticals, Inc		607,142
	66,656	*	AMAG Pharmaceuticals, Inc		550,579
	156,163	*	Amicus Therapeutics, Inc		1,936,421
	18,921	*	ANI Pharmaceuticals, Inc		1,600,527
	14,311	*	Bio-Rad Laboratories, Inc (Class A)		4,506,534
	12,096		Bio-Techne Corp		2,541,974
	2,219	*	Bluebird Bio, Inc		291,199
	121,169		Bruker BioSciences Corp		5,797,937
	25,705	*	Charles River Laboratories International, Inc		3,458,351
	32,156	*	Clovis Oncology, Inc		339,246
	141,373	*	Halozyme Therapeutics, Inc		2,401,927
	94,257	*	Horizon Pharma plc		2,346,057
	110,278	*	Ironwood Pharmaceuticals, Inc		1,172,255
	10,368	*	Neurocrine Biosciences, Inc		999,371
	47,785	*	Pacira Pharmaceuticals, Inc		2,097,284
	33,678		Phibro Animal Health Corp		1,048,396
	22,400	*	PRA Health Sciences, Inc		2,237,984
	65,134	*	QIAGEN NV		2,456,854
	69,500	*	Radius Health, Inc		1,491,470
	37,358	*	Sangamo Biosciences, Inc		448,670

55

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
	13,989	*	Sarepta Therapeutics, Inc	$	2,082,263
	24,860	*	Seattle Genetics, Inc		1,882,151
	14,553	*	United Therapeutics Corp		1,153,180
	58,400	*	Veracyte, Inc		1,656,808
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		45,721,817
REAL ESTATE - 10.6%
	77,900		Alexander & Baldwin, Inc		1,831,429
	48,677		American Assets Trust, Inc		2,258,613
	63,721		American Campus Communities, Inc		2,978,957
	54,500		Apartment Investment & Management Co		2,699,930
	47,015		Camden Property Trust		4,875,925
	148,849		Columbia Property Trust, Inc		3,264,258
	97,200		CoreCivic, Inc		1,649,484
	70,584		Douglas Emmett, Inc		2,881,239
	116,802		Duke Realty Corp		3,893,011
	72,866		Equity Commonwealth		2,446,840
	66,212		First Industrial Realty Trust, Inc		2,528,636
	84,900		Geo Group, Inc		1,512,069
	50,438		Getty Realty Corp		1,512,131
	114,230		Healthcare Trust of America, Inc		3,076,214
	86,733		Kennedy-Wilson Holdings, Inc		1,866,494
	82,819		Liberty Property Trust		4,331,434
	74,514		Mack-Cali Realty Corp		1,771,943
	32,012		NexPoint Residential Trust, Inc		1,381,638
	48,014	e	Omega Healthcare Investors, Inc		1,742,908
	106,610		Outfront Media, Inc		2,897,660
	11,366		PS Business Parks, Inc		1,989,050
	60,824		Regency Centers Corp		4,056,961
	216,008		Retail Properties of America, Inc		2,626,657
	150,710		RLJ Lodging Trust		2,604,269
	15,651		RMR Group, Inc		770,655
	74,727		STAG Industrial, Inc		2,220,886
	40,891		Sun Communities, Inc		5,430,734
	59,775		VICI Properties, Inc		1,275,599
	54,771		Xenia Hotels & Resorts, Inc		1,173,743
			TOTAL REAL ESTATE		73,549,367
RETAILING - 3.1%
	40,300	*	Autonation, Inc		1,961,804
	13,600	*	Burlington Stores, Inc		2,458,200
	16,700	*,e	Carvana Co		1,061,452
	51,148		Citi Trends, Inc		785,122
	85,467		Core-Mark Holding Co, Inc		3,199,030
	46,351	*	Etsy, Inc		3,106,444
	3,511	*	Five Below, Inc		412,402
	65,147	*	Lands’ End, Inc		710,102
	16,900	*,e	RH		2,355,860
	66,184	*	Sleep Number Corp		3,254,267
	36,600		Sonic Automotive, Inc (Class A)		1,009,062
	63,109	*	Zumiez, Inc		1,563,210
			TOTAL RETAILING		21,876,955

56

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.5%
	71,109	*	Advanced Micro Devices, Inc	$	2,165,269
	17,959		Brooks Automation, Inc		696,809
	44,600	*	Diodes, Inc		1,899,960
	23,973	*	First Solar, Inc		1,546,019
	15,400	*	Impinj, Inc		557,480
	115,120	*	Lattice Semiconductor Corp		2,226,421
	106,070		Marvell Technology Group Ltd		2,785,398
	292,478	*	NeoPhotonics Corp Ltd		1,342,474
	115,200	*,e	SunPower Corp		1,346,688
	47,400		Teradyne, Inc		2,641,602
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		17,208,120
SOFTWARE & SERVICES - 10.9%
	162,203	*	A10 Networks, Inc		1,229,499
	51,400		Amdocs Ltd		3,289,086
	41,500	*	Anaplan, Inc		2,363,010
	34,200	*	Avalara, Inc		2,786,616
	64,663	*	Black Knight, Inc		4,094,461
	30,700		Booz Allen Hamilton Holding Co		2,110,625
	12,716	*	CACI International, Inc (Class A)		2,735,847
	87,200	*	Carbon Black, Inc		1,622,792
	21,000	*	Cornerstone OnDemand, Inc		1,243,200
	26,416	*	Everbridge, Inc		2,702,357
	205,091	*	Everi Holdings, Inc		2,463,143
	59,293		EVERTEC, Inc		1,898,562
	49,083	*	Five9, Inc		2,423,228
	26,750	*	ForeScout Technologies, Inc		999,380
	90,232		Genpact Ltd		3,580,406
	40,875		Hackett Group, Inc		671,168
	215,421	*	Limelight Networks, Inc		583,791
	76,494	*	Model N, Inc		1,672,159
	26,581	*	Paylocity Holding Corp		2,713,654
	39,697		Pegasystems, Inc		3,001,093
	122,140		Perspecta, Inc		2,849,526
	58,182		Progress Software Corp		2,518,699
	22,506	*	Proofpoint, Inc		2,840,257
	23,788	*	RingCentral, Inc		3,377,420
	142,293		Sabre Corp		3,345,308
	24,734	*	SPS Commerce, Inc		2,766,003
	92,688	*	SVMK, Inc		1,572,915
	19,560	*	Trade Desk, Inc		5,150,344
	11,668	*	Twilio, Inc		1,623,135
	51,826	*	Workiva, Inc		2,979,477
	30,307	*	Zendesk, Inc		2,532,453
			TOTAL SOFTWARE & SERVICES		75,739,614
TECHNOLOGY HARDWARE & EQUIPMENT - 4.3%
	60,555		Avnet, Inc		2,750,408
	18,686		CDW Corp		2,207,938

57

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
	77,100	*	Ciena Corp	$	3,486,462
	39,950	*	Cray, Inc		1,383,868
	134,054	*	Harmonic, Inc		1,001,383
	51,760	*	Insight Enterprises, Inc		2,847,835
	33,699		InterDigital, Inc		2,171,227
	38,800	*	Itron, Inc		2,405,600
	101,760		Jabil Circuit, Inc		3,142,349
	29,885	*	Keysight Technologies, Inc		2,675,305
	27,600		National Instruments Corp		1,152,576
	69,266	*	Sanmina Corp		2,199,196
	12,562	*	Zebra Technologies Corp (Class A)		2,649,200
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		30,073,347
TELECOMMUNICATION SERVICES - 1.1%
	70,045		Telephone & Data Systems, Inc		2,265,255
	189,340	*	Vonage Holdings Corp		2,347,816
	97,427	*	Zayo Group Holdings, Inc		3,286,213
			TOTAL TELECOMMUNICATION SERVICES		7,899,284
TRANSPORTATION - 2.0%
	55,742	*	Echo Global Logistics, Inc		1,173,926
	27,182		Forward Air Corp		1,712,466
	82,003	*	Hub Group, Inc (Class A)		3,718,836
	27,939		Landstar System, Inc		3,108,773
	69,449		Marten Transport Ltd		1,393,841
	126,329	*	Radiant Logistics, Inc		693,546
	36,867		Skywest, Inc		2,238,196
			TOTAL TRANSPORTATION		14,039,584
UTILITIES - 2.1%
	75,492		Clearway Energy, Inc (Class A)		1,296,197
	96,100		NRG Energy, Inc		3,280,854
	26,960		ONE Gas, Inc		2,458,213
	7,091		Pinnacle West Capital Corp		646,841
	50,794		Portland General Electric Co		2,786,051
	199,912		Vistra Energy Corp		4,290,112
			TOTAL UTILITIES		14,758,268
			TOTAL COMMON STOCKS		693,602,984
			(Cost $593,204,978)

PRINCIPAL		ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.9%
GOVERNMENT AGENCY DEBT - 0.5%
$	3,590,000	Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	3,590,000
		TOTAL GOVERNMENT AGENCY DEBT					3,590,000

58

TIAA-CREF FUNDS - Quant Small/Mid-Cap Equity Fund

SHARES			COMPANY	VALUE
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.4%
	2,832,192	c	State Street Navigator Securities Lending Government Money Market Portfolio	$	2,832,192
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		2,832,192
			TOTAL SHORT-TERM INVESTMENTS		6,422,192
			(Cost $6,422,192)
			TOTAL INVESTMENTS - 100.8%		700,025,176
			(Cost $599,627,170)
			OTHER ASSETS & LIABILITIES, NET - (0.8)%		(5,529,499	)
			NET ASSETS - 100.0%	$	694,495,677

	Abbreviation(s):
ETF	Exchange Traded Fund
*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $6,623,615.

59

TIAA-CREF FUNDS - Social Choice Equity Fund

TIAA-CREF FUNDS
SOCIAL CHOICE EQUITY FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.6%
AUTOMOBILES & COMPONENTS - 0.4%
	55,976		Aptiv plc	$	4,906,297
	12,746		BorgWarner, Inc		481,799
	66,583		Harley-Davidson, Inc		2,382,340
	22,556	*	Modine Manufacturing Co		309,468
	39,858	*,e	Tesla, Inc		9,630,091
			TOTAL AUTOMOBILES & COMPONENTS		17,709,995
BANKS - 5.1%
	1,694		Ameris Bancorp		67,370
	26,689		Associated Banc-Corp		578,351
	47,422		Bank OZK		1,450,165
	3,518		Banner Corp		208,477
	339,486		BB&T Corp		17,493,714
	17,500		Berkshire Hills Bancorp, Inc		574,000
	6,267		Brookline Bancorp, Inc		92,940
	8,221		Bryn Mawr Bank Corp		304,835
	1,799		Cadence BanCorp		30,835
	3,985		Camden National Corp		178,169
	654,784		Citigroup, Inc		46,594,429
	402,083		Citizens Financial Group, Inc		14,981,613
	440		Columbia Banking System, Inc		16,592
	108,335		Comerica, Inc		7,930,122
	321		Commerce Bancshares, Inc		19,526
	1,572		Community Trust Bancorp, Inc		66,480
	3,270		Cullen/Frost Bankers, Inc		310,454
	46,110	*	Customers Bancorp, Inc		950,788
	12,542		Federal Agricultural Mortgage Corp (Class C)		969,120
	288,180		Fifth Third Bancorp		8,556,064
	10,587		First Busey Corp		286,167
	2,352		First Financial Corp		102,100
	44,108		First Republic Bank		4,382,571
	1,130		FNB Corp		13,617
	540		Glacier Bancorp, Inc		22,631
	1,279		Hancock Holding Co		53,104
	22,377		Hanmi Financial Corp		480,882
	8,920		Heartland Financial USA, Inc		428,963
	3,902		Heritage Financial Corp		111,285
	19,184	*	HomeStreet, Inc		556,720
	13,122		HomeTrust Bancshares, Inc		342,878
	285,811		Huntington Bancshares, Inc		4,072,807
	5,708		Investors Bancorp, Inc		64,843
	15,606		Kearny Financial Corp		208,340
	613,332		Keycorp		11,266,909
	24,031	e	Live Oak Bancshares, Inc		467,884

60

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	90,129		M&T Bank Corp	$	14,803,688
	17,553	*	MGIC Investment Corp		225,556
	15,374	*	Mr Cooper Group, Inc		116,996
	11,344		National Bank Holdings Corp		411,560
	310		NBT Bancorp, Inc		11,997
	69,768		New York Community Bancorp, Inc		804,425
	22,664		Northfield Bancorp, Inc		354,692
	29,937		OFG Bancorp		677,474
	7,838		Old National Bancorp		138,027
	21,559		Opus Bank		483,137
	16,485		PacWest Bancorp		636,816
	982		People’s United Financial, Inc		16,124
	53,702		Pinnacle Financial Partners, Inc		3,261,859
	217,463		PNC Financial Services Group, Inc		31,075,463
	36,221		Popular, Inc		2,084,881
	682,855		Regions Financial Corp		10,877,880
	5,811		Signature Bank		740,670
	6,239		Sterling Bancorp/DE		136,322
	12,826		Stock Yards Bancorp, Inc		490,595
	14,234	*	SVB Financial Group		3,301,861
	1,879	*	Texas Capital Bancshares, Inc		118,245
	10,055		TFS Financial Corp		180,588
	17,614	*	The Bancorp, Inc		170,504
	3,796		Trico Bancshares		143,299
	31,975	*	Tristate Capital Holdings, Inc		671,475
	350		Trustmark Corp		12,439
	2,167		UMB Financial Corp		147,919
	650		Umpqua Holdings Corp		11,349
	3,046		United Bankshares, Inc		114,499
	10,303		Univest Corp of Pennsylvania		282,920
	622,715		US Bancorp		35,588,162
	3,230		Webster Financial Corp		164,730
	1,553		Westamerica Bancorporation		99,547
	13,557	*	Western Alliance Bancorp		670,258
	230		Wintrust Financial Corp		16,454
	684		WSFS Financial Corp		28,981
	55,123		Zions Bancorporation		2,484,394
			TOTAL BANKS		235,791,531
CAPITAL GOODS - 6.9%
	177,319		3M Co		30,981,176
	954		Acuity Brands, Inc		128,046
	16,472	*	Aegion Corp		310,497
	3,315		Air Lease Corp		138,534
	32,009		Aircastle Ltd		665,467
	23,720		Argan, Inc		976,078
	33,949	*	Armstrong Flooring, Inc		283,814
	40,971	*	Astronics Corp		1,509,372
	52,363	*	Axon Enterprise, Inc		3,676,930
	46,198		Barnes Group, Inc		2,404,144
	419	*	Beacon Roofing Supply, Inc		15,180
	68,472		Briggs & Stratton Corp		652,538
	46,759	*	Builders FirstSource, Inc		803,320

61

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	17,565		Carlisle Cos, Inc	$	2,533,049
	186,879		Caterpillar, Inc		24,606,358
	1,817		Cubic Corp		120,285
	35,835		Cummins, Inc		5,876,940
	72,422		Curtiss-Wright Corp		9,191,076
	99,550		Deere & Co		16,490,458
	16,298		Dover Corp		1,578,461
	198,642		Eaton Corp		16,326,386
	1,365		EMCOR Group, Inc		115,192
	119,034		Fastenal Co		3,666,247
	99,730		Fortive Corp		7,584,467
	300		GATX Corp		23,058
	245		Granite Construction, Inc		8,698
	65,806		HEICO Corp		8,998,971
	124,870		HEICO Corp (Class A)		13,160,049
	28,146	*	Herc Holdings, Inc		1,270,510
	84,923		Hexcel Corp		6,943,305
	1,801		IDEX Corp		302,964
	160,575		Illinois Tool Works, Inc		24,765,482
	69,059		Ingersoll-Rand plc		8,539,836
	317,614		Johnson Controls International plc		13,479,538
	25,825	*	Lydall, Inc		609,470
	171,085		Masco Corp		6,975,135
	55,712	*	Mercury Systems, Inc		4,541,642
	23,535		Moog, Inc (Class A)		1,917,161
	3,829	*	MYR Group, Inc		138,303
	6,412		Owens Corning, Inc		371,896
	116,288		PACCAR, Inc		8,156,440
	47,521		Parker-Hannifin Corp		8,319,977
	96,651	*,e	Plug Power, Inc		213,599
	46,206		Quanta Services, Inc		1,729,029
	37,955		Rockwell Automation, Inc		6,102,405
	36,980		Roper Industries, Inc		13,447,777
	2,611		Rush Enterprises, Inc (Class A)		98,330
	33,429	*	Sensata Technologies Holding plc		1,585,537
	9,292		Snap-On, Inc		1,418,052
	115,622		Spirit Aerosystems Holdings, Inc (Class A)		8,884,394
	18,065		Stanley Black & Decker, Inc		2,666,213
	45,543	*	Teledyne Technologies, Inc		13,265,765
	10,913	*	Titan Machinery, Inc		226,336
	29,482	*	TransDigm Group, Inc		14,311,742
	19,636	*	Trimas Corp		588,884
	30,230	*	United Rentals, Inc		3,825,607
	19,303	*	Veritiv Corp		336,258
	13,236		W.W. Grainger, Inc		3,852,073
	1,174		Wabash National Corp		18,584
	1,565	*	WABCO Holdings, Inc		207,222
	83,851	*	Wesco Aircraft Holdings, Inc		882,951
	1,355	*	WESCO International, Inc		68,753
	36,655		Woodward Governor Co		4,106,826
	36,530		Xylem, Inc		2,932,994
			TOTAL CAPITAL GOODS		319,925,781

62

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
COMMERCIAL & PROFESSIONAL SERVICES - 1.5%
	540		ABM Industries, Inc	$	22,729
	9,872		ACCO Brands Corp		96,548
	4,684	*	Cimpress NV		451,772
	215,453	*	Copart, Inc		16,704,071
	650		Covanta Holding Corp		11,193
	4,232		Exponent, Inc		291,162
	4,282		Heidrick & Struggles International, Inc		127,175
	8,866	*	Huron Consulting Group, Inc		540,560
	4,156		ICF International, Inc		354,050
	262,982	*	IHS Markit Ltd		16,941,300
	12,692		Insperity, Inc		1,349,794
	12,845		Kelly Services, Inc (Class A)		357,476
	5,758		Kimball International, Inc (Class B)		99,844
	590		Knoll, Inc		14,307
	10,228		Manpower, Inc		934,328
	22,070	*	Mistras Group, Inc		334,581
	430		Mobile Mini, Inc		14,603
	8,831		Navigant Consulting, Inc		215,123
	4,735		Nielsen NV		109,663
	970	*	On Assignment, Inc		61,158
	39,339	e	Quad Graphics, Inc		444,924
	19,611		Resources Connection, Inc		345,154
	52,605		Robert Half International, Inc		3,177,868
	1,210		Steelcase, Inc (Class A)		20,461
	33,675	*	Team, Inc		557,658
	120,100		TransUnion		9,943,079
	2,825	*	TriNet Group, Inc		207,751
	1,616		Verisk Analytics, Inc		245,180
	2,208		Viad Corp		152,661
	145,676		Waste Management, Inc		17,044,092
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		71,170,265
CONSUMER DURABLES & APPAREL - 1.4%
	13,930		Callaway Golf Co		255,476
	595	*	Capri Holdings Ltd		21,176
	22,010	*	Century Communities, Inc		606,816
	396		Columbia Sportswear Co		41,968
	490		Ethan Allen Interiors, Inc		10,084
	17,067	*,e	Fossil Group, Inc		188,420
	9,306	*	Green Brick Partners, Inc		87,569
	53,158		Hanesbrands, Inc		855,312
	258		Hasbro, Inc		31,259
	2,202	*	Helen of Troy Ltd		326,513
	12,394	*,e	iRobot Corp		906,001
	103,005		Lennar Corp (Class A)		4,899,948
	10,411	*,e	LGI Homes, Inc		731,789
	12,186	*	Lululemon Athletica, Inc		2,328,623
	50,101	*,e	Mattel, Inc		731,475
	7,028	*	Meritage Homes Corp		441,429
	17,259	*	Mohawk Industries, Inc		2,152,025

63

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	1,458		Movado Group, Inc	$	38,389
	82,480		Newell Rubbermaid, Inc		1,170,391
	392,949		Nike, Inc (Class B)		33,805,402
	642	*	NVR, Inc		2,146,938
	15,981		Pulte Homes, Inc		503,561
	1,614		PVH Corp		143,517
	80,428	*	Under Armour, Inc (Class A)		1,855,474
	65,920	*	Under Armour, Inc (Class C)		1,340,813
	4,706	*	Unifi, Inc		88,049
	74,386		VF Corp		6,500,593
	9,044		Whirlpool Corp		1,315,721
			TOTAL CONSUMER DURABLES & APPAREL		63,524,731
CONSUMER SERVICES - 2.2%
	11,105	*	American Public Education, Inc		366,687
	43,236		ARAMARK Holdings Corp		1,564,711
	93,565		BBX Capital Corp		403,265
	30,288	*	Bright Horizons Family Solutions		4,605,896
	27,978		Carriage Services, Inc		534,939
	5,410	*	Chipotle Mexican Grill, Inc (Class A)		4,303,817
	34,975		Choice Hotels International, Inc		3,001,205
	33,819		Darden Restaurants, Inc		4,111,038
	320		Dine Brands Global Inc.		26,269
	3,953		Domino’s Pizza, Inc		966,627
	36,071	*	El Pollo Loco Holdings, Inc		354,939
	12,999	*	frontdoor, Inc		593,274
	1,438		Graham Holdings Co		1,068,046
	36,675		H&R Block, Inc		1,015,531
	151,991		Hilton Worldwide Holdings, Inc		14,674,731
	72,801	*	Houghton Mifflin Harcourt Co		425,886
	11,280		International Speedway Corp (Class A)		508,502
	17,475		Marriott Vacations Worldwide Corp		1,786,469
	81,138	*	Norwegian Cruise Line Holdings Ltd		4,011,463
	18,056	*	Red Robin Gourmet Burgers, Inc		596,209
	76,543		Royal Caribbean Cruises Ltd		8,905,013
	79,942		Service Corp International		3,688,524
	25,999	*	ServiceMaster Global Holdings, Inc		1,383,927
	3,350		Six Flags Entertainment Corp		176,980
	5,712	*	Sotheby’s (Class A)		341,063
	418,466		Starbucks Corp		39,624,546
	9,266		Vail Resorts, Inc		2,284,254
	13,138	*	Weight Watchers International, Inc		284,438
			TOTAL CONSUMER SERVICES		101,608,249
DIVERSIFIED FINANCIALS - 5.7%
	58,449		Ally Financial, Inc		1,923,557
	255,222		American Express Co		31,741,960
	26,292		Ameriprise Financial, Inc		3,825,749
	359,835		Bank of New York Mellon Corp		16,883,458
	49,759		BlackRock, Inc		23,271,289
	29,218		Capstead Mortgage Corp		246,308
	426,206		Charles Schwab Corp		18,420,623

64

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	90,791		Chimera Investment Corp	$	1,750,450
	137,585		CME Group, Inc		26,749,276
	280		Cohen & Steers, Inc		14,664
	182,870		Discover Financial Services		16,410,754
	38,425		Dynex Capital, Inc		626,327
	26,410		E*TRADE Financial Corp		1,288,544
	8,872		Factset Research Systems, Inc		2,460,206
	77,683		Franklin Resources, Inc		2,534,796
	9,333	*	Green Dot Corp		473,090
	216,139		IntercontinentalExchange Group, Inc		18,989,973
	165,102		Invesco Ltd		3,168,307
	4,700		Invesco Mortgage Capital, Inc		77,456
	24,238		Legg Mason, Inc		912,803
	42,240		Moody’s Corp		9,053,722
	536,542		Morgan Stanley		23,908,311
	7,975		NASDAQ OMX Group, Inc		768,551
	14,006	*	NewStar Financial, Inc		3,635
	119,931		Northern Trust Corp		11,753,238
	86,595	*	On Deck Capital, Inc		310,010
	5,668	*	PRA Group, Inc		176,445
	31,561		Redwood Trust, Inc		534,012
	119,778		S&P Global, Inc		29,339,621
	47,592		Starwood Property Trust, Inc		1,105,562
	123,600		State Street Corp		7,179,924
	52,574		T Rowe Price Group, Inc		5,961,366
	25,591		Voya Financial, Inc		1,437,446
			TOTAL DIVERSIFIED FINANCIALS		263,301,433
ENERGY - 4.6%
	147,313		Apache Corp		3,597,383
	191,531		Baker Hughes a GE Co		4,862,972
	43,112	*,e	California Resources Corp		660,045
	293,856	*,e	Callon Petroleum Co		1,445,772
	83,614	*	Cheniere Energy, Inc		5,447,452
	25,722		Cimarex Energy Co		1,303,334
	513,833		ConocoPhillips		30,357,253
	49,198	*,e	Covia Holdings Corp		85,605
	18,082		Delek US Holdings, Inc		778,973
	788,659	*,e	Denbury Resources, Inc		891,185
	150,700	*	Devon Energy Corp		4,068,900
	99,802		EQT Corp		1,508,008
	17,193		Equitrans Midstream Corp		285,232
	16,785	*	Exterran Corp		229,115
	127,354	*	Forum Energy Technologies, Inc		333,667
	39,191		Green Plains Renewable Energy, Inc		395,437
	163,726	*	Gulfport Energy Corp		618,884
	32,275	*	Helix Energy Solutions Group, Inc		282,729
	75,067		Hess Corp		4,867,344
	1,317,161		Kinder Morgan, Inc		27,159,860
	24,707		Kosmos Energy Ltd		148,489
	302,913	*	Laredo Petroleum Holdings, Inc		1,005,671
	363,636		Marathon Oil Corp		5,116,359

65

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	14,654	*	Matrix Service Co	$	269,194
	78,097	*	McDermott International, Inc		501,383
	182,488		National Oilwell Varco, Inc		4,346,864
	58,596	*	Newpark Resources, Inc		447,087
	215,508		Noble Energy, Inc		4,758,417
	539,989	*	Oasis Petroleum, Inc		2,629,746
	340,807		Occidental Petroleum Corp		17,503,848
	12,097	*	Oceaneering International, Inc		186,899
	422	*	Oil States International, Inc		6,296
	159,210		ONEOK, Inc		11,157,437
	25,647		PBF Energy, Inc		716,321
	35,259	*	PDC Energy, Inc		1,012,991
	63,027		Pioneer Natural Resources Co		8,700,247
	126,416	*	Questar Market Resources, Inc		625,759
	171,421		Range Resources Corp		975,385
	45,154	*	Renewable Energy Group, Inc		613,643
	689,644		Schlumberger Ltd		27,565,071
	13,165	*	Select Energy Services, Inc		133,888
	187,821		SM Energy Co		1,872,575
	169,358	*	Southwestern Energy Co		372,588
	241,087	*	Superior Energy Services		218,714
	13,397		Targa Resources Investments, Inc		521,277
	16,527	*,e	Tellurian, Inc		101,972
	188,556	*	Tetra Technologies, Inc		294,147
	17,909	*	Tidewater, Inc		411,728
	22,379		US Silica Holdings, Inc		310,173
	217,050		Valero Energy Corp		18,503,513
	389,721		Williams Cos, Inc		9,602,725
	31,849		World Fuel Services Corp		1,243,385
			TOTAL ENERGY		211,052,942
FOOD & STAPLES RETAILING - 0.6%
	35,243		Casey’s General Stores, Inc		5,706,194
	40,533	*	Chefs’ Warehouse Holdings, Inc		1,478,239
	37,095		Pricesmart, Inc		2,262,795
	59,184		Spartan Stores, Inc		699,555
	161,967	*	Sprouts Farmers Market, Inc		2,742,101
	82,492	*	United Natural Foods, Inc		813,371
	368,420	*	US Foods Holding Corp		13,031,015
	14,051		Weis Markets, Inc		512,159
			TOTAL FOOD & STAPLES RETAILING		27,245,429
FOOD, BEVERAGE & TOBACCO - 3.2%
	43,780		Bunge Ltd		2,558,066
	75,680	e	Campbell Soup Co		3,128,611
	1,018,507		Coca-Cola Co		53,604,023
	35,985		Fresh Del Monte Produce, Inc		1,091,425
	293,327		General Mills, Inc		15,578,597
	3,800	*	Hain Celestial Group, Inc		82,726
	206,505		Hormel Foods Corp		8,464,640
	130,364		Kellogg Co		7,589,792
	35,028		McCormick & Co, Inc		5,553,339

66

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	387,082		PepsiCo, Inc	$	49,472,951
	6,553	*	TreeHouse Foods, Inc		388,855
			TOTAL FOOD, BEVERAGE & TOBACCO		147,513,025
HEALTH CARE EQUIPMENT & SERVICES - 5.7%
	18,978	*	Abiomed, Inc		5,286,512
	14,457	*	Acadia Healthcare Co, Inc		461,757
	138,493	*	Accuray, Inc		573,361
	42,465	*	Align Technology, Inc		8,878,582
	14,008	*	Allscripts Healthcare Solutions, Inc		144,282
	16,236	*	Amedisys, Inc		2,238,782
	21,087	*	AMN Healthcare Services, Inc		1,125,624
	59,123	*	Angiodynamics, Inc		1,204,927
	64,288	*	Antares Pharma, Inc		205,079
	18,911	*	AtriCure, Inc		606,665
	27,413	*	BioTelemetry, Inc		1,287,040
	60,590	*	Brookdale Senior Living, Inc		471,996
	142,328		Cardinal Health, Inc		6,508,659
	21,971	*	Cardiovascular Systems, Inc		1,006,931
	104,919	*	Centene Corp		5,465,231
	171,692		Cerner Corp		12,301,732
	59,065	*	Cerus Corp		345,530
	68,573		Cigna Corp		11,651,924
	19,097		Computer Programs & Systems, Inc		492,894
	31,508		Cooper Cos, Inc		10,630,799
	4,329	*	Corvel Corp		368,831
	17,829	*	Cross Country Healthcare, Inc		169,197
	281,785		CVS Health Corp		15,743,328
	85,998		Dentsply Sirona, Inc		4,682,591
	26,380	*	Diplomat Pharmacy, Inc		139,023
	76,386	*	Edwards Lifesciences Corp		16,258,760
	44,005	*	GenMark Diagnostics, Inc		275,471
	12,520	*	Glaukos Corp		1,022,634
	33,400	*	Globus Medical, Inc		1,522,372
	7,898	*	Haemonetics Corp		964,188
	111,678		HCA Healthcare, Inc		14,910,130
	22,037	*	Henry Schein, Inc		1,466,342
	8,585	*	Heska Corp		688,002
	16,606		Hill-Rom Holdings, Inc		1,770,864
	2,640	*	HMS Holdings Corp		92,136
	92,217	*	Hologic, Inc		4,726,121
	64,194		Humana, Inc		19,049,570
	43,591	*	IDEXX Laboratories, Inc		12,294,842
	18,829	*	Integer Holding Corp		1,648,102
	41,902	*	Laboratory Corp of America Holdings		7,019,423
	25,670		LeMaitre Vascular, Inc		849,420
	15,190	*	LHC Group, Inc		1,922,750
	7,921	*	LivaNova plc		610,313
	1,635	*	Magellan Health Services, Inc		115,006
	9,720	*	Medidata Solutions, Inc		888,116
	71,174		Meridian Bioscience, Inc		850,529
	26,417	*	Merit Medical Systems, Inc		1,042,415

67

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	1,816	*	NextGen Healthcare, Inc	$	29,710
	25,565	*	Omnicell, Inc		1,922,744
	98,521	*	OraSure Technologies, Inc		822,650
	11,935	*	Orthofix International NV		637,926
	10,147	*	Penumbra, Inc		1,700,637
	1,887	*	Premier, Inc		73,121
	11,279	*	Providence Service Corp		628,691
	22,904		Quest Diagnostics, Inc		2,338,040
	15,451	*	Quidel Corp		912,073
	57,796		Resmed, Inc		7,438,345
	14,148	*	Select Medical Holdings Corp		236,838
	179,113	*,e	Senseonics Holdings, Inc		198,815
	41,276	*	Staar Surgical Co		1,209,800
	16,484		STERIS plc		2,453,808
	17,725	*	Surgery Partners, Inc		135,242
	20,553	*	Tactile Systems Technology, Inc		1,186,730
	10,927	*	Tandem Diabetes Care, Inc		693,100
	50,858	*,e	Teladoc, Inc		3,470,550
	36,079	*,e	Tivity Health, Inc		629,579
	255,274	*,e	TransEnterix, Inc		349,725
	15,439	*	Triple-S Management Corp (Class B)		370,219
	193,921		UnitedHealth Group, Inc		48,288,268
	3,727		US Physical Therapy, Inc		481,081
	31,883	*	Varian Medical Systems, Inc		3,742,108
	23,984	*	Vocera Communications, Inc		615,669
	24,286		West Pharmaceutical Services, Inc		3,333,739
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		265,877,991
HOUSEHOLD & PERSONAL PRODUCTS - 2.3%
	2,378		Clorox Co		386,663
	260,833		Colgate-Palmolive Co		18,712,159
	64,627		Estee Lauder Cos (Class A)		11,903,647
	54,167		Kimberly-Clark Corp		7,347,754
	574,101		Procter & Gamble Co		67,766,882
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		106,117,105
INSURANCE - 3.9%
	96,775		Allstate Corp		10,393,635
	458,996		American International Group, Inc		25,699,186
	39,042		Aon plc		7,388,698
	198,853		Chubb Ltd		30,392,692
	103,412	*	Genworth Financial, Inc (Class A)		412,614
	27,314		Lincoln National Corp		1,784,697
	178,033		Loews Corp		9,531,887
	237,157		Marsh & McLennan Cos, Inc		23,431,112
	46,413		Principal Financial Group		2,693,810
	291,868		Progressive Corp		23,635,471
	268,139		Prudential Financial, Inc		27,165,162
	128,444		Travelers Cos, Inc		18,832,459
	8,317		Willis Towers Watson plc		1,623,645
			TOTAL INSURANCE		182,985,068

68

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
MATERIALS - 3.1%
	10,332		Aptargroup, Inc	$	1,250,379
	161,238		Ball Corp		11,525,292
	78,491	*	Century Aluminum Co		564,350
	21,368	*	Clearwater Paper Corp		419,454
	46,693		Commercial Metals Co		817,594
	1,709		Compass Minerals International, Inc		95,448
	186,159		Corteva, Inc		5,491,691
	186,536		DuPont de Nemours, Inc		13,460,438
	147,659		Ecolab, Inc		29,787,250
	945		H.B. Fuller Co		45,180
	13,047	e	International Flavors & Fragrances, Inc		1,878,638
	142,736		International Paper Co		6,267,538
	42,638	*	Kraton Polymers LLC		1,307,707
	191,804		Linde plc		36,688,269
	22,260		Louisiana-Pacific Corp		581,876
	10,187		Minerals Technologies, Inc		542,458
	121,472		Mosaic Co		3,059,880
	137,664		Newmont Mining Corp		5,027,489
	205,346		Nucor Corp		11,166,716
	48,971		PH Glatfelter Co		799,207
	2,337		Reliance Steel & Aluminum Co		233,583
	55,648		Royal Gold, Inc		6,368,914
	32,986		RPM International, Inc		2,237,440
	4,126		Schnitzer Steel Industries, Inc (Class A)		109,875
	68,238	*	Summit Materials, Inc		1,258,309
	16,409		Trinseo S.A.		636,833
	16,425	*	US Concrete, Inc		773,453
			TOTAL MATERIALS		142,395,261
MEDIA & ENTERTAINMENT - 7.1%
	55,756	*	Alphabet, Inc (Class A)		67,921,959
	56,418	*	Alphabet, Inc (Class C)		68,642,652
	6,980		Cable One, Inc		8,493,264
	104,629		Cinemark Holdings, Inc		4,176,790
	40,660	*	Clear Channel		123,200
	251,707	*,e	Discovery, Inc (Class A)		7,629,239
	380,411	*	Discovery, Inc (Class C)		10,742,807
	47,117	*	Electronic Arts, Inc		4,358,323
	99,663		Entravision Communications Corp (Class A)		324,901
	439,420	*	Facebook, Inc		85,348,547
	184,241		Gannett Co, Inc		1,888,470
	70,303	*	GCI Liberty, Inc		4,199,198
	106,087	*	Gray Television, Inc		1,883,044
	75,715	*	Imax Corp		1,661,944
	48,734		John Wiley & Sons, Inc (Class A)		2,217,884
	170,308	*	Liberty Broadband Corp (Class C)		16,947,349
	8,163	*	Loral Space & Communications, Inc		300,317
	37,805		Marcus Corp		1,322,797
	58,591		New York Times Co (Class A)		2,090,527
	294,588		Omnicom Group, Inc		23,631,849
	22,635		Scholastic Corp		773,438

69

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	23,476		Sinclair Broadcast Group, Inc (Class A)	$	1,179,669
	64,122		TEGNA, Inc		974,013
	143,266		Tribune Co		6,657,571
	79,880	*	TripAdvisor, Inc		3,526,702
	29,875		World Wrestling Entertainment, Inc (Class A)		2,174,303
			TOTAL MEDIA & ENTERTAINMENT		329,190,757
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.4%
	296,794		AbbVie, Inc		19,772,416
	54,132	*	Acadia Pharmaceuticals, Inc		1,330,565
	11,304	*	Acceleron Pharma, Inc		493,533
	215,271	*	Achillion Pharmaceuticals, Inc		949,345
	2,546	*	Aerie Pharmaceuticals, Inc		55,172
	150,551		Agilent Technologies, Inc		10,449,745
	15,764	*	Agios Pharmaceuticals, Inc		758,406
	4,706	*,e	Akcea Therapeutics, Inc		101,791
	144,481	*	Akorn, Inc		537,469
	180,747		Amgen, Inc		33,723,775
	9,215	*	Assembly Biosciences, Inc		115,187
	13,962	*	Atara Biotherapeutics, Inc		199,238
	7,618	*	Avrobio, Inc		161,654
	85,758	*	BioCryst Pharmaceuticals, Inc		271,853
	56,305	*	Biogen Idec, Inc		13,390,455
	47,040	*	BioMarin Pharmaceutical, Inc		3,731,213
	9,691	*,e	Bluebird Bio, Inc		1,271,750
	501,909		Bristol-Myers Squibb Co		22,289,779
	7,837	*	Catalent, Inc		442,712
	196,371	*	Celgene Corp		18,038,640
	40,045	*	Coherus Biosciences, Inc		673,557
	54,314	*	Collegium Pharmaceutical, Inc		595,825
	39,296	*	Cymabay Therapeutics, Inc		242,849
	344,591		Eli Lilly & Co		37,543,190
	4,990	*	Esperion Thereapeutics, Inc		198,053
	28,683	*	FibroGen, Inc		1,355,559
	4,680	*,e	Flexion Therapeutics, Inc		46,987
	335,255		Gilead Sciences, Inc		21,965,908
	16,242	*	Halozyme Therapeutics, Inc		275,952
	45,560	*	Illumina, Inc		13,639,753
	68,890	*,e	Inovio Pharmaceuticals, Inc		190,136
	7,450	*	Insmed, Inc		163,527
	18,561	*	Intersect ENT, Inc		366,951
	39,800	*	Intra-Cellular Therapies, Inc		332,330
	75,604	*	Iovance Biotherapeutics, Inc		1,859,102
	56,297	*	IQVIA Holdings, Inc		8,960,793
	27,862	*	Jazz Pharmaceuticals plc		3,883,406
	77,399	*,e	Karyopharm Therapeutics, Inc		681,885
	680,035		Merck & Co, Inc		56,436,105
	5,838	*	Mettler-Toledo International, Inc		4,417,906
	2,895	*	Mirati Therapeutics, Inc		306,291
	42,726	*	Nektar Therapeutics		1,215,982
	196,260	*,e	Opko Health, Inc		414,109
	42,303		Perrigo Co plc		2,284,785
	133,970	*	Progenics Pharmaceuticals, Inc		720,759

70

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	16,217	*	Prothena Corp plc	$	151,791
	36,025	*	Radius Health, Inc		773,096
	11,502	*	Reata Pharmaceuticals, Inc		1,042,656
	74,418	*	Revance Therapeutics, Inc		936,178
	5,837	*	Sage Therapeutics, Inc		935,905
	37,874	*	Sangamo Biosciences, Inc		454,867
	15,601	*	Sarepta Therapeutics, Inc		2,322,209
	4,385	*	Spark Therapeutics, Inc		438,588
	52,041	*,e	TherapeuticsMD, Inc		111,888
	25,761	*,e	Theravance Biopharma, Inc		537,117
	5,640	*,e	Tricida, Inc		177,998
	17,724	*	Ultragenyx Pharmaceutical, Inc		1,068,048
	71,046	*	Vertex Pharmaceuticals, Inc		11,837,684
	18,425	*	Waters Corp		3,879,568
	47,090	*,e	ZIOPHARM Oncology, Inc		326,805
	256,688		Zoetis, Inc		29,490,884
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		341,341,680
REAL ESTATE - 4.0%
	48,046		Alexandria Real Estate Equities, Inc		7,032,012
	11,117	*,e	Altisource Portfolio Solutions S.A.		233,457
	23,462		American Campus Communities, Inc		1,096,848
	164,544		American Tower Corp		34,820,801
	72,632		Boston Properties, Inc		9,656,424
	36,800		Brixmor Property Group, Inc		698,464
	70,724		CatchMark Timber Trust, Inc		718,556
	79,390	*	CBRE Group, Inc		4,208,464
	42,246		Chatham Lodging Trust		754,514
	62,954		CorePoint Lodging, Inc		738,450
	17,160		Coresite Realty		1,798,540
	23,373		Cousins Properties, Inc		822,262
	6,932		CyrusOne, Inc		397,897
	53,519		Digital Realty Trust, Inc		6,120,433
	8,358		Douglas Emmett, Inc		341,174
	58,576		Duke Realty Corp		1,952,338
	19,598		Easterly Government Properties, Inc		369,814
	36,148		Equinix, Inc		18,149,911
	3,961		Federal Realty Investment Trust		522,892
	33,420		First Industrial Realty Trust, Inc		1,276,310
	52,368		Franklin Street Properties Corp		422,086
	204,267		HCP, Inc		6,522,245
	154,979		Host Marriott Corp		2,695,085
	32,022	*	Howard Hughes Corp		4,322,970
	24,076		Hudson Pacific Properties		849,883
	100,069		Iron Mountain, Inc		2,943,029
	95,797	e	iStar Financial, Inc		1,264,520
	5,945		Jones Lang LaSalle, Inc		866,127
	4,739		Kilroy Realty Corp		376,561
	88,542		Kimco Realty Corp		1,700,892
	15,135		Liberty Property Trust		791,560
	35,800		NorthStar Realty Europe Corp		608,600
	24,547		Office Properties Income Trust		691,489

71

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	4,166		Paramount Group, Inc	$	57,616
	57,124		Park Hotels & Resorts, Inc		1,508,645
	540		Piedmont Office Realty Trust, Inc		11,237
	346,453		Prologis, Inc		27,927,577
	22,163		QTS Realty Trust, Inc		1,025,704
	24,711	e	Realogy Holdings Corp		128,744
	15,022		Regency Centers Corp		1,001,967
	2,009		RMR Group, Inc		98,923
	37,701		Sabra Healthcare REIT, Inc		778,149
	45,216	*	SBA Communications Corp		11,096,459
	46,797		Senior Housing Properties Trust		383,735
	30,349		UDR, Inc		1,397,875
	31,258		VICI Properties, Inc		667,046
	297		Washington REIT		8,004
	205,082		Welltower, Inc		17,046,416
	297,141		Weyerhaeuser Co		7,550,353
			TOTAL REAL ESTATE		186,453,058
RETAILING - 7.2%
	42,491	*	1-800-FLOWERS.COM, Inc (Class A)		831,974
	2,432		Aaron’s, Inc		153,337
	24,346		Advance Auto Parts, Inc		3,667,481
	58,009	*	Amazon.com, Inc		108,290,041
	56,825		Best Buy Co, Inc		4,348,817
	39,658	*	BJ’s Wholesale Club Holdings, Inc		934,342
	17,364	*	Booking Holdings, Inc		32,759,096
	250	e	Buckle, Inc		5,087
	43,488	*	CarMax, Inc		3,816,507
	390,531		eBay, Inc		16,085,972
	33,692	*	Etsy, Inc		2,258,038
	130,943		Expedia, Inc		17,381,374
	6,360	*	Five Below, Inc		747,046
	81,198		Gap, Inc		1,583,361
	14,294	*	Genesco, Inc		562,898
	21,058		Genuine Parts Co		2,045,153
	408,765	*	Groupon, Inc		1,287,610
	18,815		Haverty Furniture Cos, Inc		340,740
	29,239	*	Hibbett Sports, Inc		537,998
	250,264		Home Depot, Inc		53,478,914
	93,965		Kohl’s Corp		5,060,955
	17,745	*	Lands’ End, Inc		193,420
	77,025	*	LKQ Corp		2,074,283
	237,535		Lowe’s Companies, Inc		24,086,049
	16,316		Macy’s, Inc		370,863
	4,455	*	MarineMax, Inc		68,785
	26,766		Nordstrom, Inc		886,222
	397		Pool Corp		75,180
	123,411	*	Quotient Technology, Inc		1,298,284
	137,098		Ross Stores, Inc		14,536,501
	5,448	*	Sally Beauty Holdings, Inc		74,855
	12,547	e	Shoe Carnival, Inc		318,443
	54,349	*	Shutterfly, Inc		2,754,951
	125,225		Target Corp		10,819,440

72

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	14,544		Tiffany & Co	$	1,365,972
	121,046		TJX Companies, Inc		6,604,270
	15,754		Tractor Supply Co		1,714,193
	17,401	*	Ulta Beauty, Inc		6,077,299
	10,786	*	Wayfair, Inc		1,414,692
	33,837		Williams-Sonoma, Inc		2,256,251
	860		Winmark Corp		145,349
	5,569	*	Zumiez, Inc		137,944
			TOTAL RETAILING		333,449,987
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.2%
	349,407		Applied Materials, Inc		17,250,223
	8,887		Brooks Automation, Inc		344,816
	22,180	*	Cirrus Logic, Inc		1,087,929
	40,921	*	Cree, Inc		2,544,468
	20,532	*	First Solar, Inc		1,324,109
	973,971		Intel Corp		49,234,234
	49,979		Lam Research Corp		10,426,119
	155,295		NVIDIA Corp		26,201,372
	11,811	*	Silicon Laboratories, Inc		1,325,312
	323,788		Texas Instruments, Inc		40,476,738
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		150,215,320
SOFTWARE & SERVICES - 10.7%
	214,935		Accenture plc		41,392,182
	136,249	*	Adobe, Inc		40,719,376
	102,486	*	Autodesk, Inc		16,005,239
	41,069	*	Avaya Holdings Corp		494,471
	33,427	*	Benefitfocus, Inc		835,341
	231,978	*	Black Knight, Inc		14,688,847
	12,432		Blackbaud, Inc		1,131,312
	223,569		Booz Allen Hamilton Holding Co		15,370,369
	110,902	*	Cadence Design Systems, Inc		8,196,767
	296,557	*	Conduent, Inc		2,698,669
	55,469		CSG Systems International, Inc		2,842,231
	53,651	*	ExlService Holdings, Inc		3,690,652
	2,334	*	Fair Isaac Corp		810,878
	288,582		International Business Machines Corp		42,779,396
	113,870		Intuit, Inc		31,577,290
	216,899	*	Limelight Networks, Inc		587,796
	54,815		LogMeIn, Inc		4,164,295
	1,291,144	d	Microsoft Corp		175,944,193
	61,195	*	New Relic, Inc		5,701,538
	54,403	*	Nutanix, Inc		1,234,948
	5,290	*	OneSpan, Inc		77,340
	8,400	*	Paylocity Holding Corp		857,556
	51,178	*	Perficient, Inc		1,748,752
	21,141	*	Qualys, Inc		1,829,965
	40,387	*	Rapid7, Inc		2,449,471
	67,172	*	RingCentral, Inc		9,537,081
	239,208	*	salesforce.com, Inc		36,957,636

73

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	44,694		Science Applications International Corp	$	3,815,527
	34,140	*	SPS Commerce, Inc		3,817,876
	67,259	*	Sykes Enterprises, Inc		1,902,757
	139,395	*	Teradata Corp		5,104,645
	64,472		TiVo Corp		488,698
	15,317		TTEC Holdings, Inc		718,674
	38,053	*	Virtusa Corp		1,700,208
	27,316		VMware, Inc (Class A)		4,766,369
	40,273	*	WEX, Inc		8,782,333
	30,134	*	Zendesk, Inc		2,517,997
			TOTAL SOFTWARE & SERVICES		497,938,675
TECHNOLOGY HARDWARE & EQUIPMENT - 6.4%
	2,919	*	Anixter International, Inc		187,867
	758,031		Apple, Inc		161,490,924
	40,047		AVX Corp		609,916
	8,124		Badger Meter, Inc		434,553
	1,070		Belden CDT, Inc		48,642
	71,768		Benchmark Electronics, Inc		1,942,042
	1,027,622		Cisco Systems, Inc		56,930,259
	2,689	*	Coherent, Inc		373,368
	34,511	*	Cray, Inc		1,195,461
	34,326		CTS Corp		1,081,956
	22,592		Daktronics, Inc		143,233
	99,736		Dolby Laboratories, Inc (Class A)		6,792,022
	30,369	*	Fabrinet		1,630,208
	18,340	*	FARO Technologies, Inc		979,173
	40,091	*	Finisar Corp		943,341
	758,600		Hewlett Packard Enterprise Co		10,901,082
	722,608		HP, Inc		15,203,672
	11,733	*	Insight Enterprises, Inc		645,550
	182		InterDigital, Inc		11,726
	28,977	*	Itron, Inc		1,796,574
	70,176		Kemet Corp		1,411,941
	25,860	*	Keysight Technologies, Inc		2,314,987
	17,293	*	Kimball Electronics, Inc		274,959
	15,821		Littelfuse, Inc		2,673,116
	24,692	*	Lumentum Holdings, Inc		1,398,308
	6,814		Methode Electronics, Inc		204,079
	49,310		Motorola Solutions, Inc		8,183,488
	120,617		National Instruments Corp		5,036,966
	19,428	*	Novanta, Inc		1,633,701
	500	*	OSI Systems, Inc		56,280
	23,378	*	Plexus Corp		1,395,900
	13,761	*	Ribbon Communications, Inc		67,704
	11,038	*	Rogers Corp		1,751,289
	13,734		Synnex Corp		1,353,348
	42,266	*	Tech Data Corp		4,283,236
	81,317	*	TTM Technologies, Inc		850,576
	73,134		Vishay Intertechnology, Inc		1,243,278
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		297,474,725

74

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
TELECOMMUNICATION SERVICES - 1.6%
	23,657	*	Boingo Wireless, Inc	$	355,328
	930,085		CenturyLink, Inc		11,244,728
	65,553	*	Cincinnati Bell, Inc		250,413
	24,512		Cogent Communications Group, Inc		1,544,501
	151,142	*,e	Frontier Communications Corp		199,507
	130,742	*	Iridium Communications, Inc		3,326,077
	121,741	*	Orbcomm, Inc		713,402
	1,040,986		Verizon Communications, Inc		57,535,296
			TOTAL TELECOMMUNICATION SERVICES		75,169,252
TRANSPORTATION - 2.0%
	3,997		Amerco, Inc		1,546,839
	8,189		Arkansas Best Corp		245,097
	2,385	*	Avis Budget Group, Inc		86,790
	19,553		CH Robinson Worldwide, Inc		1,637,173
	349,653		CSX Corp		24,615,571
	197,594		Delta Air Lines, Inc		12,061,138
	8		Expeditors International of Washington, Inc		611
	29,951	*	Hertz Global Holdings, Inc		464,839
	5,175		Kansas City Southern Industries, Inc		640,354
	180		Landstar System, Inc		20,029
	81,681		Norfolk Southern Corp		15,610,873
	9		Ryder System, Inc		479
	179,530		Southwest Airlines Co		9,251,181
	231,633		United Parcel Service, Inc (Class B)		27,673,194
			TOTAL TRANSPORTATION		93,854,168
UTILITIES - 3.4%
	258,499		American Electric Power Co, Inc		22,698,797
	22,387		American Water Works Co, Inc		2,569,580
	126,378		Centerpoint Energy, Inc		3,666,226
	19,183		Clearway Energy, Inc (Class A)		329,372
	29,648		Clearway Energy, Inc (Class C)		534,257
	180,018		Consolidated Edison, Inc		15,294,329
	19,802		DTE Energy Co		2,517,032
	134,706		Eversource Energy		10,218,797
	74,411		FirstEnergy Corp		3,271,852
	42,852		New Jersey Resources Corp		2,137,029
	10,059		ONE Gas, Inc		917,180
	290		Ormat Technologies, Inc		19,009
	16,302		Pattern Energy Group, Inc		373,805
	206,735		Public Service Enterprise Group, Inc		11,814,905
	183,846		Sempra Energy		24,898,264
	73,934		South Jersey Industries, Inc		2,517,453
	532,530		Southern Co		29,928,186
	57,940		TerraForm Power, Inc		892,855
	30,558		UGI Corp		1,561,208
	104,830		WEC Energy Group, Inc		8,958,772
	180,121		Xcel Energy, Inc		10,737,013
			TOTAL UTILITIES		155,855,921
			TOTAL COMMON STOCKS		4,617,162,349
			(Cost $3,524,667,952)

75

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY					VALUE
RIGHTS / WARRANTS - 0.0%
COMMERCIAL & PROFESSIONAL SERVICES - 0.0%
	21,053	†	Media General, Inc					$	0
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						0
			TOTAL RIGHTS / WARRANTS						0
			(Cost $0)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.7%
GOVERNMENT AGENCY DEBT - 0.3%
$	13,000,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		13,000,000
			TOTAL GOVERNMENT AGENCY DEBT						13,000,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.4%
	19,784,358	c	State Street Navigator Securities Lending Government Money Market Portfolio						19,784,358
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						19,784,358
			TOTAL SHORT-TERM INVESTMENTS						32,784,358
			(Cost $32,784,358)
			TOTAL INVESTMENTS - 100.3%						4,649,946,707
			(Cost $3,557,452,310)
			OTHER ASSETS & LIABILITIES, NET - (0.3)%						(11,777,119	)
			NET ASSETS - 100.0%					$	4,638,169,588

	Abbreviation(s):
REIT	Real Estate Investment Trust
*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin requirements on open futures contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $34,192,012.

76

TIAA-CREF FUNDS - Social Choice Equity Fund

Futures contracts outstanding as of July 31, 2019 were as follows:

Description	Number of long (short) contracts	Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
S&P 500 E Mini Index	91	09/20/19		$13,690,462		$13,569,465		$(120,997)

77

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE LOW CARBON EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.6%
AUTOMOBILES & COMPONENTS - 0.3%
	1,891		Aptiv plc	$	165,746
	669	*	Cooper-Standard Holding, Inc		33,102
	2,338	*,e	Tesla, Inc		564,884
			TOTAL AUTOMOBILES & COMPONENTS		763,732
BANKS - 4.9%
	292		Arrow Financial Corp		9,712
	24,372		BB&T Corp		1,255,889
	339		Camden National Corp		15,157
	30,807		Citigroup, Inc		2,192,226
	19,508		Citizens Financial Group, Inc		726,868
	3,253		Comerica, Inc		238,120
	497	*	Customers Bancorp, Inc		10,248
	944	*	Equity Bancshares, Inc		25,007
	129		Federal Agricultural Mortgage Corp (Class C)		9,968
	17,193		Fifth Third Bancorp		510,460
	119		First Commonwealth Financial Corp		1,639
	909		First Financial Corp		39,460
	997		First of Long Island Corp		22,054
	1,760		First Republic Bank		174,874
	31		Hanmi Financial Corp		666
	414	*	HomeStreet, Inc		12,014
	648		HomeTrust Bancshares, Inc		16,932
	16,834		Huntington Bancshares, Inc		239,884
	14,226		Keycorp		261,332
	262		Live Oak Bancshares, Inc		5,101
	4,237		M&T Bank Corp		695,927
	940	*	MGIC Investment Corp		12,079
	2,863		New York Community Bancorp, Inc		33,010
	1,534		OFG Bancorp		34,714
	791		Old Line Bancshares, Inc		22,338
	230		Opus Bank		5,154
	10,504		PNC Financial Services Group, Inc		1,501,022
	22,455		Regions Financial Corp		357,708
	1,072	*	SVB Financial Group		248,672
	2,221	*	The Bancorp, Inc		21,499
	356	*	Tristate Capital Holdings, Inc		7,476
	29,350		US Bancorp		1,677,352
	1,616		Zions Bancorporation		72,833
			TOTAL BANKS		10,457,395
CAPITAL GOODS - 7.5%
	9,404		3M Co		1,643,067
	2,447	*	Aegion Corp		46,126

78

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	1,659		Air Lease Corp	$	69,330
	2,577		Aircastle Ltd		53,576
	881		Argan, Inc		36,253
	1,252	*	Armstrong Flooring, Inc		10,467
	1,858	*	Astronics Corp		68,449
	3,287	*	Axon Enterprise, Inc		230,813
	3,124		Briggs & Stratton Corp		29,772
	430		Carlisle Cos, Inc		62,010
	11,016		Caterpillar, Inc		1,450,477
	552		Comfort Systems USA, Inc		23,184
	945		Cummins, Inc		154,980
	3,205		Curtiss-Wright Corp		406,747
	6,245		Deere & Co		1,034,484
	653		Dover Corp		63,243
	14,619		Eaton Corp		1,201,536
	271		EMCOR Group, Inc		22,870
	3,836		Fastenal Co		118,149
	9,281		Fortive Corp		705,820
	1,313		Granite Construction, Inc		46,611
	2,954		HEICO Corp		403,959
	5,880		HEICO Corp (Class A)		619,693
	1,522	*	Herc Holdings, Inc		68,703
	2,528		Hexcel Corp		206,689
	8,803		Illinois Tool Works, Inc		1,357,686
	2,387		Ingersoll-Rand plc		295,176
	15,498		Johnson Controls International plc		657,735
	1,091	*	Lydall, Inc		25,748
	3,304	*	Mercury Systems, Inc		269,342
	385		Moog, Inc (Class A)		31,362
	1,007	*	MYR Group, Inc		36,373
	2,762		PACCAR, Inc		193,727
	2,868		Parker-Hannifin Corp		502,129
	3,941	*	Plug Power, Inc		8,710
	5,962		Quanta Services, Inc		223,098
	1,214		Rockwell Automation, Inc		195,187
	1,294		Roper Industries, Inc		470,563
	7,724		Spirit Aerosystems Holdings, Inc (Class A)		593,512
	1,574		Stanley Black & Decker, Inc		232,307
	1,424	*	Teledyne Technologies, Inc		414,783
	1,022	*	Titan Machinery, Inc		21,196
	2,124	*	TransDigm Group, Inc		1,031,075
	1,593	*	United Rentals, Inc		201,594
	883		Valmont Industries, Inc		121,501
	729	*	Veritiv Corp		12,699
	537		W.W. Grainger, Inc		156,283
	3,433	*	Wesco Aircraft Holdings, Inc		36,149
	21	*	WESCO International, Inc		1,065
	777		Woodward Governor Co		87,055
	1,778		Xylem, Inc		142,756
			TOTAL CAPITAL GOODS		16,095,819
COMMERCIAL & PROFESSIONAL SERVICES - 0.8%
	3,382	*	Copart, Inc		262,206

79

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	260		Heidrick & Struggles International, Inc	$	7,722
	526	*	Huron Consulting Group, Inc		32,070
	278		ICF International, Inc		23,683
	12,382	*	IHS Markit Ltd		797,648
	162		Insperity, Inc		17,229
	7		Kforce, Inc		239
	876		Kimball International, Inc (Class B)		15,190
	1,129	*	Mistras Group, Inc		17,116
	728		Resources Connection, Inc		12,813
	1,685		RR Donnelley & Sons Co		3,404
	418	*	SP Plus Corp		14,433
	1,049	*	Team, Inc		17,371
	5,558		TransUnion		460,147
	40	*	TrueBlue, Inc		791
	486		Viad Corp		33,602
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		1,715,664
CONSUMER DURABLES & APPAREL - 1.1%
	733	*	Century Communities, Inc		20,209
	1,554	*	Green Brick Partners, Inc		14,623
	408		Hamilton Beach Brands Holding Co		6,695
	5		Hasbro, Inc		606
	277		Hooker Furniture Corp		5,776
	8,500		Lennar Corp (Class A)		404,345
	670	*,e	Mattel, Inc		9,782
	3,349		Newell Rubbermaid, Inc		47,522
	16,630		Nike, Inc (Class B)		1,430,679
	370	*	Unifi, Inc		6,923
	4,203		VF Corp		367,300
			TOTAL CONSUMER DURABLES & APPAREL		2,314,460
CONSUMER SERVICES - 2.5%
	214	*	American Public Education, Inc		7,066
	3,007		ARAMARK Holdings Corp		108,823
	3,793		BBX Capital Corp		16,348
	595	*	Bright Horizons Family Solutions		90,482
	1,115		Carriage Services, Inc		21,319
	644	*	Chipotle Mexican Grill, Inc (Class A)		512,321
	3,080		Darden Restaurants, Inc		374,405
	1,397	*	El Pollo Loco Holdings, Inc		13,747
	128	*	frontdoor, Inc		5,842
	11,967		Hilton Worldwide Holdings, Inc		1,155,414
	6,671	*	Houghton Mifflin Harcourt Co		39,025
	465		Marriott Vacations Worldwide Corp		47,537
	823	*	Red Robin Gourmet Burgers, Inc		27,175
	1,841	*	Regis Corp		33,690
	5,414		Royal Caribbean Cruises Ltd		629,865
	1,399		Service Corp International		64,550
	1,636	*	ServiceMaster Global Holdings, Inc		87,084
	26		Six Flags Entertainment Corp		1,374
	188	*	Sotheby’s (Class A)		11,225

80

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	19,792		Starbucks Corp	$	1,874,105
	555		Vail Resorts, Inc		136,819
	191	*	Weight Watchers International, Inc		4,135
			TOTAL CONSUMER SERVICES		5,262,351
DIVERSIFIED FINANCIALS - 5.8%
	12,607		American Express Co		1,567,933
	24,741		Bank of New York Mellon Corp		1,160,848
	2,892		BlackRock, Inc		1,352,531
	19,645		Charles Schwab Corp		849,057
	7,417		CME Group, Inc		1,442,013
	10,839		Discover Financial Services		972,692
	805	*	Donnelley Financial Solutions, Inc		10,972
	1,805		Dynex Capital, Inc		29,421
	15,430		IntercontinentalExchange Group, Inc		1,355,680
	1,149		Moody’s Corp		246,277
	30,392		Morgan Stanley		1,354,267
	544	*	NewStar Financial, Inc		141
	1,455		Northern Trust Corp		142,590
	1,767	*	On Deck Capital, Inc		6,326
	5,952		S&P Global, Inc		1,457,942
	6,001		State Street Corp		348,598
	1,591		T Rowe Price Group, Inc		180,403
			TOTAL DIVERSIFIED FINANCIALS		12,477,691
ENERGY - 4.0%
	17,378	e	Antero Midstream Corp		158,487
	5,658	*	Apergy Corp		184,055
	9,217		Archrock, Inc		101,203
	39,783		Baker Hughes a GE Co		1,010,090
	4,093	*	C&J Energy Services, Inc		44,777
	3,549	*	Cactus, Inc		104,234
	16,119	*	Cheniere Energy, Inc		1,050,153
	7,929	*	Clean Energy Fuels Corp		21,170
	1,969	*,e	Covia Holdings Corp		3,426
	6,217		Delek US Holdings, Inc		267,828
	2,511	*	Dril-Quip, Inc		132,129
	15,457		Equitrans Midstream Corp		256,432
	2,053	*	Exterran Corp		28,024
	5,134	*	Forum Energy Technologies, Inc		13,451
	8,171	*	Frank’s International NV		46,575
	2,061	*	FTS International, Inc		8,182
	2,431		Green Plains Renewable Energy, Inc		24,529
	10,198	*	Helix Energy Solutions Group, Inc		89,335
	3,241	*	Keane Group, Inc		20,386
	1,258	*	KLX Energy Services Holdings, Inc		19,776
	1,677	*	Matrix Service Co		30,807
	12,789	*,e	McDermott International, Inc		82,105
	29,305		National Oilwell Varco, Inc		698,045
	6,800	*	Newpark Resources, Inc		51,884
	7,543	*	Oceaneering International, Inc		116,539
	4,548	*	Oil States International, Inc		67,856

81

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	17,920		ONEOK, Inc	$	1,255,834
	9,139		PBF Energy, Inc		255,252
	2,174	*	Renewable Energy Group, Inc		29,545
	3,532		RPC, Inc		21,828
	2,832	*	Select Energy Services, Inc		28,801
	17,341		Targa Resources Investments, Inc		674,738
	7,714	*	Tetra Technologies, Inc		12,034
	2,274	*	Tidewater, Inc		52,279
	5,974		US Silica Holdings, Inc		82,800
	15,284		Valero Energy Corp		1,302,961
	5,111		World Fuel Services Corp		199,533
			TOTAL ENERGY		8,547,083
FOOD & STAPLES RETAILING - 0.7%
	2,819		Casey’s General Stores, Inc		456,424
	1,658	*	Chefs’ Warehouse Holdings, Inc		60,467
	1,603		Pricesmart, Inc		97,783
	2,228		Spartan Stores, Inc		26,335
	9,127	*	Sprouts Farmers Market, Inc		154,520
	3,022	*	United Natural Foods, Inc		29,797
	16,532	*	US Foods Holding Corp		584,737
	589		Weis Markets, Inc		21,469
			TOTAL FOOD & STAPLES RETAILING		1,431,532
FOOD, BEVERAGE & TOBACCO - 3.5%
	3,229		Bunge Ltd		188,671
	46,449		Coca-Cola Co		2,444,611
	647	*	Farmer Bros Co		10,507
	1,236		Fresh Del Monte Produce, Inc		37,488
	309	*	Freshpet, Inc		13,951
	16,749		General Mills, Inc		889,539
	87	*	Hain Celestial Group, Inc		1,894
	14,398		Hormel Foods Corp		590,174
	5,174		Kellogg Co		301,230
	4,436		McCormick & Co, Inc		703,284
	17,912		PepsiCo, Inc		2,289,333
			TOTAL FOOD, BEVERAGE & TOBACCO		7,470,682
HEALTH CARE EQUIPMENT & SERVICES - 6.0%
	1,099	*	Abiomed, Inc		306,137
	126	*	Acadia Healthcare Co, Inc		4,024
	5,053	*	Accuray, Inc		20,919
	3,289	*	Align Technology, Inc		687,664
	2,208	*	Allscripts Healthcare Solutions, Inc		22,742
	43	*	AMN Healthcare Services, Inc		2,295
	2,779	*	Angiodynamics, Inc		56,636
	9,859	*	Antares Pharma, Inc		31,450
	731	*	BioTelemetry, Inc		34,321
	2,394	*	Brookdale Senior Living, Inc		18,649
	3,486		Cardinal Health, Inc		159,415
	12,724		Cerner Corp		911,675

82

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	10,266	*	Cerus Corp	$	60,056
	2,920		Cigna Corp		496,166
	711		Computer Programs & Systems, Inc		18,351
	1,811		Cooper Cos, Inc		611,031
	2,248	*	Cross Country Healthcare, Inc		21,334
	23,548		CVS Health Corp		1,315,627
	5,514		Dentsply Sirona, Inc		300,237
	3,935	*	Diplomat Pharmacy, Inc		20,737
	5,988	*	Edwards Lifesciences Corp		1,274,546
	295		Encompass Health Corp		18,833
	3,285	*	GenMark Diagnostics, Inc		20,564
	4,734		HCA Healthcare, Inc		632,036
	737	*	Henry Schein, Inc		49,040
	523	*	Heska Corp		41,913
	3,700	*	Hologic, Inc		189,625
	2,218		Humana, Inc		658,192
	1,893	*	IDEXX Laboratories, Inc		533,921
	90	*	Integer Holding Corp		7,878
	900	*	Laboratory Corp of America Holdings		150,768
	1,072		LeMaitre Vascular, Inc		35,473
	62	*	LivaNova plc		4,777
	3,174		Meridian Bioscience, Inc		37,929
	20	*	Merit Medical Systems, Inc		789
	118	*	NextGen Healthcare, Inc		1,931
	479	*	Omnicell, Inc		36,026
	3,620	*	OraSure Technologies, Inc		30,227
	1,385	*	Orthofix International NV		74,028
	69	*,e	Penumbra, Inc		11,564
	638		Quest Diagnostics, Inc		65,127
	30	*	Quidel Corp		1,771
	586	*	RadNet, Inc		8,632
	4,766		Resmed, Inc		613,384
	5,017	*	Senseonics Holdings, Inc		5,569
	2,949	*	Staar Surgical Co		86,435
	315	*	Surgery Partners, Inc		2,403
	371	*	Tandem Diabetes Care, Inc		23,533
	2,992	*	Teladoc, Inc		204,174
	272	*	Tivity Health, Inc		4,746
	9,550	*	TransEnterix, Inc		13,084
	577	*	Triple-S Management Corp (Class B)		13,838
	10,841		UnitedHealth Group, Inc		2,699,518
	829	*	Varian Medical Systems, Inc		97,300
	1,334	*	Vocera Communications, Inc		34,244
	554		West Pharmaceutical Services, Inc		76,048
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		12,859,332
HOUSEHOLD & PERSONAL PRODUCTS - 2.3%
	11,516		Colgate-Palmolive Co		826,158
	3,434		Estee Lauder Cos (Class A)		632,508
	1,875		Kimberly-Clark Corp		254,344
	26,656		Procter & Gamble Co		3,146,474
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		4,859,484

83

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
INSURANCE - 4.0%
	5,460		Allstate Corp	$	586,404
	24,257		American International Group, Inc		1,358,149
	1,963		Aon plc		371,498
	9,705		Chubb Ltd		1,483,312
	20,443		Loews Corp		1,094,518
	13,048		Marsh & McLennan Cos, Inc		1,289,142
	737		Principal Financial Group		42,776
	7,474		Progressive Corp		605,245
	12,172		Prudential Financial, Inc		1,233,145
	3,824		Travelers Cos, Inc		560,675
	300		Willis Towers Watson plc		58,566
			TOTAL INSURANCE		8,683,430
MATERIALS - 3.4%
	13,913		Ball Corp		994,501
	3,810	*	Century Aluminum Co		27,394
	1,024	*	Clearwater Paper Corp		20,101
	4,534		Commercial Metals Co		79,390
	81		Compass Minerals International, Inc		4,524
	41,819		Corteva, Inc		1,233,661
	6,646		Ecolab, Inc		1,340,698
	3,863		H.B. Fuller Co		184,690
	984		Innospec, Inc		91,886
	3,155	e	International Flavors & Fragrances, Inc		454,289
	1,964	*	Kraton Polymers LLC		60,236
	562		Minerals Technologies, Inc		29,927
	24,847		Mosaic Co		625,896
	898		Myers Industries, Inc		14,521
	12,454		Newmont Mining Corp		454,820
	1,969		PH Glatfelter Co		32,134
	2,796		Reliance Steel & Aluminum Co		279,460
	5,282		RPM International, Inc		358,278
	644	*	Ryerson Holding Corp		5,255
	1,689		Schnitzer Steel Industries, Inc (Class A)		44,978
	3,085		Scotts Miracle-Gro Co (Class A)		346,075
	309		Stepan Co		30,637
	3,268		Trinseo S.A.		126,831
	1,227	*	US Concrete, Inc		57,779
	14,443		Valvoline, Inc		291,604
			TOTAL MATERIALS		7,189,565
MEDIA & ENTERTAINMENT - 7.6%
	2,590	*	Alphabet, Inc (Class A)		3,155,138
	2,624	*	Alphabet, Inc (Class C)		3,192,568
	336		Cable One, Inc		408,845
	8,099		Cinemark Holdings, Inc		323,312
	506	*	Clear Channel		1,533
	11,781	*,e	Discovery, Inc (Class A)		357,082
	17,717	*	Discovery, Inc (Class C)		500,328

84

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	2,112	*	Electronic Arts, Inc	$	195,360
	2,764		Entravision Communications Corp (Class A)		9,011
	22,077	*	Facebook, Inc		4,288,016
	8,642		Gannett Co, Inc		88,580
	5,052	*	GCI Liberty, Inc		301,756
	3,245	*	Gray Television, Inc		57,599
	768	*	Hemisphere Media Group, Inc		9,454
	3,943	*	Imax Corp		86,549
	3,400		John Wiley & Sons, Inc (Class A)		154,734
	8,215	*	Liberty Broadband Corp (Class C)		817,475
	980	*	Loral Space & Communications, Inc		36,054
	1,686		Marcus Corp		58,993
	5,885		National CineMedia, Inc		41,901
	6,405		New York Times Co (Class A)		228,530
	14,169		Omnicom Group, Inc		1,136,637
	2,171		Scholastic Corp		74,183
	2,746		Sinclair Broadcast Group, Inc (Class A)		137,987
	8,807		TEGNA, Inc		133,778
	3,578		Tribune Co		166,270
	4,484	*	TripAdvisor, Inc		197,969
	1,748		World Wrestling Entertainment, Inc (Class A)		127,219
			TOTAL MEDIA & ENTERTAINMENT		16,286,861
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.1%
	18,828		AbbVie, Inc		1,254,321
	7,858	*	Achillion Pharmaceuticals, Inc		34,654
	1,340		Agilent Technologies, Inc		93,009
	4,711	*	Akorn, Inc		17,525
	10,235		Amgen, Inc		1,909,646
	1,705	*	Assembly Biosciences, Inc		21,313
	1,627	*	Atara Biotherapeutics, Inc		23,217
	2,351	*	Biogen Idec, Inc		559,115
	1,272	*	BioMarin Pharmaceutical, Inc		100,895
	224	*	Bluebird Bio, Inc		29,396
	32,520		Bristol-Myers Squibb Co		1,444,213
	7,456	*	Celgene Corp		684,908
	1,765	*	Collegium Pharmaceutical, Inc		19,362
	4,650	*	Cymabay Therapeutics, Inc		28,737
	15,644		Eli Lilly & Co		1,704,414
	2,615	*	Flexion Therapeutics, Inc		26,255
	19,913		Gilead Sciences, Inc		1,304,700
	1,337	*	Illumina, Inc		400,271
	7,033	*,e	Inovio Pharmaceuticals, Inc		19,411
	1,134	*	Intersect ENT, Inc		22,419
	2,588	*	Intra-Cellular Therapies, Inc		21,610
	3,162	*	Iovance Biotherapeutics, Inc		77,754
	1,077	*	IQVIA Holdings, Inc		171,426
	746	*	Jazz Pharmaceuticals plc		103,978
	2,839	*,e	Karyopharm Therapeutics, Inc		25,012
	30,856		Merck & Co, Inc		2,560,740
	1,644	*	Nektar Therapeutics		46,788
	22,300	*,e	Opko Health, Inc		47,053
	1,130	*,e	Optinose, Inc		6,068

85

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	752		Perrigo Co plc	$	40,616
	5,559	*	Progenics Pharmaceuticals, Inc		29,907
	2,785	*	Prothena Corp plc		26,068
	2,338	*	Radius Health, Inc		50,173
	417	*	Reata Pharmaceuticals, Inc		37,801
	2,210	*	Revance Therapeutics, Inc		27,802
	27	*,e	Sage Therapeutics, Inc		4,329
	567	*	Sarepta Therapeutics, Inc		84,398
	15,249	*,e	TherapeuticsMD, Inc		32,785
	3,815	*	Vertex Pharmaceuticals, Inc		635,655
	183	*	Waters Corp		38,532
	11,842		Zoetis, Inc		1,360,527
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		15,126,803
REAL ESTATE - 3.9%
	2,875		Alexandria Real Estate Equities, Inc		420,785
	164	*	Altisource Portfolio Solutions S.A.		3,444
	349		American Campus Communities, Inc		16,316
	8,124		American Tower Corp		1,719,201
	3,087		Boston Properties, Inc		410,417
	2,532		Brixmor Property Group, Inc		48,057
	2,839		CatchMark Timber Trust, Inc		28,844
	1,428	*	CBRE Group, Inc		75,698
	3,517		Chatham Lodging Trust		62,814
	2,328		CorePoint Lodging, Inc		27,307
	37		CyrusOne, Inc		2,124
	3,441		Digital Realty Trust, Inc		393,513
	1,520		Duke Realty Corp		50,662
	2,453		Equinix, Inc		1,231,651
	514		Federal Realty Investment Trust		67,853
	3,115		Franklin Street Properties Corp		25,107
	4,263		HCP, Inc		136,118
	7,710		Host Marriott Corp		134,077
	80	*	Howard Hughes Corp		10,800
	973		Hudson Pacific Properties		34,347
	6,811		Iron Mountain, Inc		200,311
	4,196	e	iStar Financial, Inc		55,387
	2,460		Kimco Realty Corp		47,257
	1,859		Office Properties Income Trust		52,368
	16,908		Prologis, Inc		1,362,954
	6,773		Realogy Holdings Corp		35,287
	1,297		Regency Centers Corp		86,510
	2,038	*	SBA Communications Corp		500,145
	5,458		Senior Housing Properties Trust		44,756
	1,117		UDR, Inc		51,449
	1,521		VICI Properties, Inc		32,458
	7,646		Washington Prime Group, Inc		27,755
	12,906		Welltower, Inc		1,072,747
			TOTAL REAL ESTATE		8,468,519

86

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
RETAILING - 6.9%
	2,380	*	Amazon.com, Inc	$	4,442,936
	712		Best Buy Co, Inc		54,489
	10,059	*	BJ’s Wholesale Club Holdings, Inc		236,990
	821	*	Booking Holdings, Inc		1,548,907
	523	*	CarMax, Inc		45,899
	1,011	*	Container Store Group, Inc		6,177
	22,231		eBay, Inc		915,695
	2,447	*	Etsy, Inc		163,998
	4,270		Expedia, Inc		566,800
	850		Genuine Parts Co		82,552
	703	*	Hibbett Sports, Inc		12,935
	12,591		Home Depot, Inc		2,690,571
	1,910		Kohl’s Corp		102,873
	519	*	Lands’ End, Inc		5,657
	11	*	LKQ Corp		296
	9,162		Lowe’s Companies, Inc		929,027
	1,466		Macy’s, Inc		33,322
	307	*	MarineMax, Inc		4,740
	5,684	*	Quotient Technology, Inc		59,796
	2,578		Ross Stores, Inc		273,345
	2,158	*	Shutterfly, Inc		109,389
	14,084		Target Corp		1,216,858
	420		Tiffany & Co		39,446
	13,758		TJX Companies, Inc		750,636
	161		Tractor Supply Co		17,518
	518	*	Ulta Beauty, Inc		180,912
	1,212	*	Wayfair, Inc		158,966
	104		Winmark Corp		17,577
	309	*	Zumiez, Inc		7,654
			TOTAL RETAILING		14,675,961
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.4%
	14,129		Applied Materials, Inc		697,549
	67		Brooks Automation, Inc		2,600
	3,083	*	Cree, Inc		191,701
	472	*	First Solar, Inc		30,439
	51,506		Intel Corp		2,603,628
	1,158		Lam Research Corp		241,570
	360		NVE Corp		24,199
	9,931		NVIDIA Corp		1,675,559
	14,995		Texas Instruments, Inc		1,874,525
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		7,341,770
SOFTWARE & SERVICES - 10.3%
	9,798		Accenture plc		1,886,899
	6,751	*	Adobe, Inc		2,017,604
	4,391	*	Autodesk, Inc		685,742
	845	*	Benefitfocus, Inc		21,117
	9,758	*	Black Knight, Inc		617,877
	9,978		Booz Allen Hamilton Holding Co		685,988
	1,156	*	ChannelAdvisor Corp		10,554
	13,287	*	Conduent, Inc		120,912

87

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	2,302		CSG Systems International, Inc	$	117,954
	2,280	*	ExlService Holdings, Inc		156,841
	13,288		International Business Machines Corp		1,969,813
	3,589		Intuit, Inc		995,266
	7,021	*	Limelight Networks, Inc		19,027
	2,190		LogMeIn, Inc		166,374
	60,985	d	Microsoft Corp		8,310,426
	3,081	*	New Relic, Inc		287,057
	3,929	*	Nutanix, Inc		89,188
	1,335	*	OneSpan, Inc		19,518
	2,084	*	Perficient, Inc		71,210
	1,566	*	RingCentral, Inc		222,341
	11,678	*	salesforce.com, Inc		1,804,251
	3,393		Science Applications International Corp		289,660
	717	*	SPS Commerce, Inc		80,182
	2,506	*	Sykes Enterprises, Inc		70,895
	5,149	*	Teradata Corp		188,556
	2,879		TiVo Corp		21,823
	873		TTEC Holdings, Inc		40,961
	1,971	*	Virtusa Corp		88,064
	1,380		VMware, Inc (Class A)		240,796
	3,007	*	WEX, Inc		655,737
			TOTAL SOFTWARE & SERVICES		21,952,633
TECHNOLOGY HARDWARE & EQUIPMENT - 5.9%
	512	*	Anixter International, Inc		32,952
	37,030		Apple, Inc		7,888,871
	4,261	*	Arlo Technologies, Inc		18,322
	1,244		AVX Corp		18,946
	246		Badger Meter, Inc		13,159
	2,113		Benchmark Electronics, Inc		57,178
	49,421		Cisco Systems, Inc		2,737,923
	1,372	*	Cray, Inc		47,526
	1,242		CTS Corp		39,148
	1,259		Daktronics, Inc		7,982
	2,290		Dolby Laboratories, Inc (Class A)		155,949
	214	*	Fabrinet		11,488
	594	*	FARO Technologies, Inc		31,714
	44,195		Hewlett Packard Enterprise Co		635,082
	25,414		HP, Inc		534,711
	565	*	Insight Enterprises, Inc		31,086
	681	*	Keysight Technologies, Inc		60,963
	934	*	Kimball Electronics, Inc		14,851
	172	*	Lumentum Holdings, Inc		9,740
	600		Methode Electronics, Inc		17,970
	737		Motorola Solutions, Inc		122,313
	720		National Instruments Corp		30,067
	461	*	Novanta, Inc		38,766
	147	*	OSI Systems, Inc		16,546
	644	*	Ribbon Communications, Inc		3,168
	393		Synnex Corp		38,726
	1,602	*	TTM Technologies, Inc		16,757

88

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	48		Vishay Intertechnology, Inc	$	816
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		12,632,720
TELECOMMUNICATION SERVICES - 1.6%
	54,669		CenturyLink, Inc		660,948
	1,924	*	Cincinnati Bell, Inc		7,350
	1,009		Cogent Communications Group, Inc		63,577
	2,574	*,e	Gogo, Inc		10,785
	4,299	*	Iridium Communications, Inc		109,367
	3,098	*	Orbcomm, Inc		18,154
	47,611		Verizon Communications, Inc		2,631,460
			TOTAL TELECOMMUNICATION SERVICES		3,501,641
TRANSPORTATION - 1.9%
	286		Amerco, Inc		110,682
	1,958		Arkansas Best Corp		58,603
	20,275		CSX Corp		1,427,360
	798	*	Genesee & Wyoming, Inc (Class A)		87,628
	4,483		Kansas City Southern Industries, Inc		554,726
	1,788		Ryder System, Inc		95,229
	14,093		United Parcel Service, Inc (Class B)		1,683,691
			TOTAL TRANSPORTATION		4,017,919
UTILITIES - 3.2%
	9,528		American Water Works Co, Inc		1,093,624
	6,207		Aqua America, Inc		260,384
	2,207		Clearway Energy, Inc (Class A)		37,894
	5,559		Clearway Energy, Inc (Class C)		100,173
	14,275		Consolidated Edison, Inc		1,212,804
	15,756		Eversource Energy		1,195,250
	4,155		New Jersey Resources Corp		207,210
	1,237		ONE Gas, Inc		112,790
	1,189		Ormat Technologies, Inc		77,939
	6,169		Pattern Energy Group, Inc		141,455
	9,240		Sempra Energy		1,251,373
	4,037		Southwest Gas Corp		358,930
	5,213		TerraForm Power, Inc		80,332
	12,596		UGI Corp		643,529
			TOTAL UTILITIES		6,773,687
			TOTAL COMMON STOCKS		210,906,734
			(Cost $185,032,670)
RIGHTS / WARRANTS - 0.0%
COMMERCIAL & PROFESSIONAL SERVICES - 0.0%
	1,550	†	Media General, Inc		0
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		0
			TOTAL RIGHTS / WARRANTS		0
			(Cost $0)

89

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 1.2%
GOVERNMENT AGENCY DEBT - 1.2%
$	2,480,000	Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	$	2,480,000
		TOTAL GOVERNMENT AGENCY DEBT						2,480,000
		TOTAL SHORT-TERM INVESTMENTS						2,480,000
		(Cost $2,480,000)
		TOTAL INVESTMENTS - 99.8%						213,386,734
		(Cost $187,512,670)
		OTHER ASSETS & LIABILITIES, NET - 0.2%						501,988
		NET ASSETS - 100.0%					$	213,888,722

*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
d	All or a portion of these securities have been segregated to cover margin requirements on open futures contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $1,480,637.

Futures contracts outstanding as of July 31, 2019 were as follows:  

Description	Number of long (short) contracts		Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
S&P 500 E Mini Index		16	09/20/19		$2,411,936		$2,385,840		$(26,096)

90

TIAA-CREF FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 93.4%
BRAZIL - 9.8%
	6,196,900	*	B2W Companhia Global Do Varejo	$	61,606,086
	1,216,900		Banco Itau Holding Financeira S.A.		11,102,875
	1,644,200		Cia Brasileira de Distribuicao Grupo Pao de Acucar		40,304,194
	8,709,500		Lojas Americanas S.A.(Preference)		41,421,103
			TOTAL BRAZIL		154,434,258
CHINA - 23.0%
	607,054	*	Alibaba Group Holding Ltd (ADR)		105,087,118
	97,500	*	Baidu, Inc (ADR)		10,890,750
	8,978,000	*,†	China Animal Healthcare Ltd		11,469
	5,050,000		China Life Insurance Co Ltd		12,863,198
	27,330,500	e	China Molybdenum Co Ltd		7,773,029
	338,000	*	Ctrip.com International Ltd (ADR)		13,175,240
	8,307,762		Foxconn Industrial Internet Co Ltd		16,400,109
	1,104,000		Geely Automobile Holdings Ltd		1,683,742
	22,713,900		Industrial & Commercial Bank of China		15,253,432
	323,600	*	JD.com, Inc (ADR)		9,678,876
	44,700		Netease.com (ADR)		10,317,654
	3,503,200		Ping An Insurance Group Co of China Ltd		41,288,046
	2,473,276		Tencent Holdings Ltd		115,237,259
	82,800	*,e	Weibo Corp (ADR)		3,243,276
			TOTAL CHINA		362,903,198
HONG KONG - 2.8%
	621,536	*,†,e	China Metal Recycling Holdings Ltd		794
	1,342,024		Melco Crown Entertainment Ltd (ADR)		30,155,279
	22,290	*,†	Mongolian Metals Corporation		0
	1,953,500		Techtronic Industries Co		14,527,489
			TOTAL HONG KONG		44,683,562
INDIA - 8.7%
	11,373,100		Bharat Electronics Ltd		16,889,207
	2,060,751		DLF Ltd		5,302,361
	4,958,000		Edelweiss Capital Ltd		10,478,980
	893,200		HCL Technologies Ltd		13,394,511
	270,020		Housing Development Finance Corp		8,301,544
	1,710,200		Mahindra & Mahindra Ltd		13,603,872
	986,952		Multi Commodity Exchange of India Ltd		11,621,455
	1,725,200	*	Reliance Industries Ltd		29,082,875
	1,177,800		Shriram Transport Finance Co Ltd		16,528,311
	6,562,700	*	Tata Motors Ltd		12,838,111
			TOTAL INDIA		138,041,227

91

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
INDONESIA - 2.0%
	33,643,900		PT Bank Mandiri Persero Tbk	$	18,927,855
	7,131,100		PT United Tractors Tbk		12,631,040
			TOTAL INDONESIA		31,558,895
ITALY - 2.0%
	10,595,871		Prada S.p.A		32,526,710
			TOTAL ITALY		32,526,710
JAPAN - 2.0%
	84,801		Nintendo Co Ltd		31,197,670
			TOTAL JAPAN		31,197,670
KENYA - 0.5%
	30,861,156		Safaricom plc		8,126,820
			TOTAL KENYA		8,126,820
KOREA, REPUBLIC OF - 8.1%
	330,900		Hynix Semiconductor, Inc		21,182,276
	109,900		Hyundai Motor Co		11,690,888
	1,380,000		Samsung Electronics Co Ltd		52,267,093
	95,500		Samsung SDI Co Ltd		19,888,092
	48,200		Shinsegae Co Ltd		10,252,100
	58,300		SK Telecom Co Ltd		12,204,013
			TOTAL KOREA, REPUBLIC OF		127,484,462
MACAU - 2.5%
	3,106,579		Galaxy Entertainment Group Ltd		21,147,409
	3,837,900		Sands China Ltd		18,421,404
			TOTAL MACAU		39,568,813
MEXICO - 1.5%
	1,076,400		Fresnillo plc		7,769,013
	1,711,200		Grupo Televisa SAB (ADR)		16,273,512
			TOTAL MEXICO		24,042,525
PHILIPPINES - 0.7%
	36,649,500		Alliance Global Group, Inc		11,187,163
			TOTAL PHILIPPINES		11,187,163
RUSSIA - 4.7%
	142,300		LUKOIL PJSC (ADR)		11,590,335
	2,598,218	*	Sberbank of Russia (ADR)		38,765,412
	626,400	*	Yandex NV		24,567,408
			TOTAL RUSSIA		74,923,155
SAUDI ARABIA - 0.7%
	619,400		Al Rajhi Bank		11,329,695
			TOTAL SAUDI ARABIA		11,329,695
SOUTH AFRICA - 4.1%
	1,330,400		Absa Group Ltd		14,741,628

92

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
	129,517		Naspers Ltd (N Shares)	$	31,571,079
	3,465,600		Sanlam Ltd		17,937,111
			TOTAL SOUTH AFRICA		64,249,818
TAIWAN - 10.6%
	2,310,000		Catcher Technology Co Ltd		16,928,010
	799,000		Globalwafers Co Ltd		8,477,680
	6,115,000		Hon Hai Precision Industry Co, Ltd		15,328,899
	166,000		Largan Precision Co Ltd		22,439,621
	1,985,300		MediaTek, Inc		19,857,415
	2,944,900		Rexon Industrial Corp Ltd		8,344,370
	9,193,600		Taiwan Semiconductor Manufacturing Co Ltd		75,599,442
			TOTAL TAIWAN		166,975,437
THAILAND - 2.3%
	2,605,600		Kasikornbank PCL - NVDR		14,544,416
	13,849,300		PTT PCL (ADR)		21,160,934
			TOTAL THAILAND		35,705,350
TURKEY - 1.0%
	618,600		Tupras Turkiye Petrol Rafine		15,512,016
			TOTAL TURKEY		15,512,016
UNITED ARAB EMIRATES - 0.9%
	9,136,200		Emaar Properties PJSC		13,689,312
			TOTAL UNITED ARAB EMIRATES		13,689,312
UNITED STATES - 0.9%
	375,000		Newmont Mining Corp		13,695,000
			TOTAL UNITED STATES		13,695,000
URUGUAY - 4.6%
	9,242,187	a	Arcos Dorados Holdings, Inc		73,475,387
			TOTAL URUGUAY		73,475,387
			TOTAL COMMON STOCKS		1,475,310,473
			(Cost $1,371,478,871)
PREFERRED STOCKS - 0.0%
PHILIPPINES - 0.0%
	1,721,900	*,†	Ayala Land, Inc		3,383
			TOTAL PHILIPPINES		3,383
			TOTAL PREFERRED STOCKS		3,383
			(Cost $4,057)

93

TIAA-CREF FUNDS - Emerging Markets Equity Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 4.8%
GOVERNMENT AGENCY DEBT - 2.6%
$	41,740,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	$	41,740,000
			TOTAL GOVERNMENT AGENCY DEBT						41,740,000
TREASURY DEBT - 1.6%
	2,200,000		United States Treasury Bill		2.053		08/13/19		2,198,491
	5,760,000		United States Treasury Bill		2.080		08/20/19		5,753,844
	17,680,000		United States Treasury Bill		2.081		09/10/19		17,639,876
			TOTAL TREASURY DEBT						25,592,211
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.6%
	9,116,610	c	State Street Navigator Securities Lending Government Money Market Portfolio						9,116,610
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						9,116,610
			TOTAL SHORT-TERM INVESTMENTS						76,448,821
			(Cost $76,448,006)
			TOTAL INVESTMENTS - 98.2%						1,551,762,677
			(Cost $1,447,930,934)
			OTHER ASSETS & LIABILITIES, NET - 1.8%						28,200,292
			NET ASSETS - 100.0%					$	1,579,962,969

	Abbreviation(s):
ADR	American Depositary Receipt
NVDR	Non Voting Depositary Receipt
*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
a	Affiliated holding
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $13,883,129.

94

TIAA-CREF FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

SECTOR	VALUE		% OF NET ASSETS
CONSUMER DISCRETIONARY	$	488,334,403		30.9	%
INFORMATION TECHNOLOGY		281,763,148		17.8
FINANCIALS		243,683,958		15.4
COMMUNICATION SERVICES		232,058,362		14.7
ENERGY		89,977,201		5.7
INDUSTRIALS		50,948,229		3.2
CONSUMER STAPLES		40,304,194		2.6
MATERIALS		29,237,836		1.9
REAL ESTATE		18,995,056		1.2
HEALTH CARE		11,469		0.0
SHORT-TERM INVESTMENTS		76,448,821		4.8
OTHER ASSETS & LIABILITIES, NET		28,200,292		1.8
NET ASSETS	$	1,579,962,969		100.0	%

95

TIAA-CREF FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 97.6%
AUSTRIA - 0.9%
	1,886,045		Wienerberger AG.	$	43,111,454
			TOTAL AUSTRIA		43,111,454
CHINA - 0.2%
	225,940		Tencent Holdings Ltd		10,527,214
			TOTAL CHINA		10,527,214
DENMARK - 3.9%
	719,273		DSV AS		68,650,150
	1,775,567		Novo Nordisk AS		85,261,518
	118,356		Rockwool International AS (B Shares)		28,887,308
			TOTAL DENMARK		182,798,976
FRANCE - 19.9%
	3,315,704		Accor S.A.		147,920,578
	186,050		Airbus SE		26,300,189
	1,703,516	e,g	ALD S.A.		25,432,187
	8,223,724		Credit Agricole S.A.		97,894,918
	1,646,675		Danone		142,913,005
	792,261		Essilor International S.A.		107,245,428
	394,309		Legrand S.A.		27,775,698
	514,100		Nexity		24,683,710
	257,339		Sanofi-Aventis		21,444,535
	1,907,067		Schneider Electric S.A.		164,534,253
	1,445,319		Vinci S.A.		148,670,890
			TOTAL FRANCE		934,815,391
GERMANY - 12.1%
	1,310,773		BASF SE		87,014,675
	391,919		Continental AG.		53,733,842
	1,355,455	g	Covestro AG.		61,132,477
	1,671,775		Daimler AG. (Registered)		86,786,498
	978,458		HeidelbergCement AG.		70,661,726
	1,070,315		Lanxess AG.		63,707,849
	1,474,024		Porsche AG.		96,616,544
	203,087		Rheinmetall AG.		23,044,877
	245,235		Siemens AG.		26,689,737
			TOTAL GERMANY		569,388,225
HONG KONG - 2.3%
	2,357,156		Hong Kong Exchanges and Clearing Ltd		79,215,386
	1,358,435		Melco Crown Entertainment Ltd (ADR)		30,524,035
			TOTAL HONG KONG		109,739,421

96

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	VALUE
INDIA - 1.9%
	1,281,682		HDFC Bank Ltd	$	41,807,884
	1,439,222		Housing Development Finance Corp		44,247,705
	1,717,918		Motherson Sumi Systems Ltd		2,650,819
			TOTAL INDIA		88,706,408
IRELAND - 1.5%
	2,136,017		CRH plc		71,087,469
			TOTAL IRELAND		71,087,469
ITALY - 4.5%
	3,697,627		Mediobanca S.p.A.		37,035,565
	14,623,840		UniCredit S.p.A.		172,188,625
			TOTAL ITALY		209,224,190
JAPAN - 18.6%
	368,527		Central Japan Railway Co		74,078,565
	439,416		Daikin Industries Ltd		54,538,886
	532,300		Hitachi High-Technologies Corp		26,821,055
	2,928,279		Hitachi Ltd		103,821,546
	666,161		Konami Corp		28,265,129
	2,331,224		Murata Manufacturing Co Ltd		106,749,470
	391,782		Nintendo Co Ltd		144,133,742
	1,341,766		Rohm Co Ltd		93,510,574
	2,538,059		Sony Corp		144,349,347
	1,536,789		Toyota Motor Corp		99,296,827
			TOTAL JAPAN		875,565,141
KOREA, REPUBLIC OF - 0.4%
	98,720		Samsung SDI Co Ltd		20,558,664
			TOTAL KOREA, REPUBLIC OF		20,558,664
NETHERLANDS - 2.4%
	71,164	*,g	Adyen NV		53,770,506
	1,920,010		Royal Dutch Shell plc (A Shares)		60,471,614
			TOTAL NETHERLANDS		114,242,120
SPAIN - 0.7%
	2,404,230		Siemens Gamesa Renewable Energy		33,641,401
			TOTAL SPAIN		33,641,401
SWEDEN - 2.6%
	2,240,749		Electrolux AB (Series B)		51,777,285
	4,142,731	e	Hennes & Mauritz AB (B Shares)		72,228,899
			TOTAL SWEDEN		124,006,184
SWITZERLAND - 7.1%
	17,689		Burckhardt Compression Holding AG.		4,286,410
	12,357,018		Credit Suisse Group		149,409,139
	13,828		Geberit AG.		6,383,584
	231,943		Lonza Group AG.		79,452,910

97

TIAA-CREF FUNDS - International Equity Fund

SHARES		COMPANY	VALUE
	330,988	Roche Holding AG.	$	88,593,926
	23,615	Sika AG.		3,409,395
		TOTAL SWITZERLAND		331,535,364
UNITED KINGDOM - 18.6%
	3,826,007	BAE Systems plc		25,418,954
	10,347,489	CNH Industrial NV		104,773,495
	1,072,012	Linde plc (Xetra)		204,993,616
	172,640,443	Lloyds TSB Group plc		111,678,265
	1,975,612	Reckitt Benckiser Group plc		152,721,282
	1,167,014	Schroders plc		42,098,547
	48,062,434	Tesco plc		130,187,024
	5,575,775	Travis Perkins plc		92,307,748
	503,681	Weir Group plc		9,105,964
		TOTAL UNITED KINGDOM		873,284,895
		TOTAL COMMON STOCKS		4,592,232,517
		(Cost $4,511,247,431)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 2.4%
GOVERNMENT AGENCY DEBT - 0.4%
$	19,880,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		19,880,000
			TOTAL GOVERNMENT AGENCY DEBT						19,880,000
TREASURY DEBT - 0.4%
	1,100,000		United States Treasury Bill		2.164		08/06/19		1,099,694
	20,820,000		United States Treasury Bill		2.124		09/17/19		20,765,292
			TOTAL TREASURY DEBT						21,864,986
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.6%
	72,972,945	c	State Street Navigator Securities Lending Government Money Market Portfolio						72,972,945
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						72,972,945
			TOTAL SHORT-TERM INVESTMENTS						114,717,931
			(Cost $114,715,031)
			TOTAL INVESTMENTS - 100.0%						4,706,950,448
			(Cost $4,625,962,462)
			OTHER ASSETS & LIABILITIES, NET - (0.0)%						(1,166,833	)
			NET ASSETS - 100.0%					$	4,705,783,615

	Abbreviation(s):
ADR	American Depositary Receipt
*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $68,916,384.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $140,335,170 or 3.0% of net assets.

98

TIAA-CREF FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

				% OF
SECTOR	VALUE			NET ASSETS
INDUSTRIALS	$	944,520,297			20.1	%
CONSUMER DISCRETIONARY		893,130,101			19.0
FINANCIALS		775,576,035			16.5
MATERIALS		605,118,661			12.9
CONSUMER STAPLES		425,821,311			9.0
INFORMATION TECHNOLOGY		405,231,815			8.6
HEALTH CARE		274,752,888			5.8
COMMUNICATION SERVICES		182,926,085			3.9
ENERGY		60,471,614			1.3
REAL ESTATE		24,683,710			0.5
SHORT-TERM INVESTMENTS		114,717,931			2.4
OTHER ASSETS & LIABILITIES, NET		(1,166,833	)		(0.0	)
NET ASSETS	$	4,705,783,615			100.0	%

99

TIAA-CREF FUNDS - International Opportunities Fund

TIAA-CREF FUNDS

INTERNATIONAL OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 94.7%
AUSTRALIA - 4.1%
	932,496	*,e	Afterpay Touch Group Ltd	$	16,744,198
	785,401		Australia & New Zealand Banking Group Ltd		14,926,293
	934,508		BHP Billiton Ltd		25,727,617
	1,049,900		IDP Education Ltd		13,722,406
			TOTAL AUSTRALIA		71,120,514
BRAZIL - 6.3%
	195,300	*	Arco Platform Ltd		8,620,542
	2,916,600	g	Banco Inter S.A.		12,571,716
	969,600		Linx S.A.		8,231,698
	2,266,400		Localiza Rent A Car		26,130,098
	352,300		Magazine Luiza S.A.		24,344,873
	508,757	*	Pagseguro Digital Ltd		22,120,755
	239,600	*	StoneCo Ltd		8,388,396
			TOTAL BRAZIL		110,408,078
CANADA - 9.3%
	484,466		Alimentation Couche Tard, Inc		29,696,393
	230,600		Bank of Montreal		17,262,676
	1,009,191		Cenovus Energy, Inc (Toronto)		9,382,311
	861,495		Dollarama, Inc		31,919,310
	2,498,100		Entertainment One Ltd		13,340,971
	295,500	*	Lightspeed POS, Inc		8,875,299
	79,200	*	Shopify, Inc (Class A) (Toronto)		25,168,413
	382,104	*,g	Spin Master Corp		10,856,872
	541,721		Suncor Energy, Inc		15,544,003
			TOTAL CANADA		162,046,248
CHINA - 6.7%
	1,022,834		Anhui Kouzi Distillery Co Ltd		8,939,403
	14,247,400	*,†	China Animal Healthcare Ltd		18,200
	15,484,500		China Everbright International Ltd		13,635,801
	14,818,908		Haitong Securities Co Ltd		14,684,636
	595,000	*,e	HUYA, Inc (ADR)		13,488,650
	1,444,900		Sunny Optical Technology Group Co Ltd		16,707,922
	646,400		Tencent Holdings Ltd		30,117,692
	436,400		Yum China Holdings, Inc		19,856,200
			TOTAL CHINA		117,448,504
DENMARK - 1.9%
	510,300		Novo Nordisk AS		24,504,258
	272,500		Tryg A.S.		8,317,017
			TOTAL DENMARK		32,821,275

100

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
FINLAND - 0.4%
	185,296		Sampo Oyj (A Shares)	$	7,694,150
			TOTAL FINLAND		7,694,150
FRANCE - 5.4%
	171,602		Essilor International S.A.		23,229,125
	83,512		L’Oreal S.A.		22,344,833
	97,700		Remy Cointreau S.A.		14,481,813
	164,039		Teleperformance		34,429,700
			TOTAL FRANCE		94,485,471
GERMANY - 3.9%
	81,100		Bechtle AG.		8,983,505
	179,482		Beiersdorf AG.		20,799,784
	118,600		Deutsche Boerse AG.		16,464,343
	95,451		Fresenius Medical Care AG.		6,611,013
	87,180		Wirecard AG.		14,630,658
			TOTAL GERMANY		67,489,303
HONG KONG - 2.5%
	2,685,000		AIA Group Ltd		27,483,021
	699,002		Melco Crown Entertainment Ltd (ADR)		15,706,575
			TOTAL HONG KONG		43,189,596
INDIA - 0.7%
	1,697,650	*	Container Corp Of India Ltd		12,594,824
			TOTAL INDIA		12,594,824
INDONESIA - 1.2%
	68,313,000		Bank Rakyat Indonesia		21,646,883
			TOTAL INDONESIA		21,646,883
IRELAND - 3.0%
	491,610		CRH plc		16,360,970
	904,286		Keywords Studios plc		18,152,657
	587,889		Smurfit Kappa Group plc		18,495,980
			TOTAL IRELAND		53,009,607
ITALY - 4.8%
	810,500		Amplifon S.p.A.		19,976,654
	1,806,000		Davide Campari-Milano S.p.A		16,796,489
	158,900		Ferrari NV		25,587,002
	498,689		Moncler S.p.A		20,476,281
			TOTAL ITALY		82,836,426
JAPAN - 11.5%
	639,100		Benefit One, Inc		10,917,626
	296,700		en-japan, Inc		12,171,440
	230,800		GMO Payment Gateway, Inc		16,675,098
	1,151,200	e	Infomart Corp		15,527,955
	749,300		Japan Elevator Service Holdings Co Ltd		18,922,427

101

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
	517,200	e	Kamakura Shinsho Ltd	$	7,150,533
	1,279,900	e	MonotaRO Co Ltd		27,940,874
	354,000		Paltac Corp		17,280,500
	365,802	e	Seria Co Ltd		8,552,365
	275,799	*,e	SHIFT, Inc		12,785,275
	808,400		SMS Co Ltd		17,949,789
	349,000		TechnoPro Holdings, Inc		19,707,945
	736,500	*	Tokyo Base Co Ltd		5,010,013
	670,000	e	Yume No Machi Souzou Iinkai Co Ltd		10,045,232
			TOTAL JAPAN		200,637,072
KOREA, REPUBLIC OF - 1.3%
	81,700	*	Cafe24 Corp		4,351,767
	308,800		Fila Korea Ltd		17,473,477
			TOTAL KOREA, REPUBLIC OF		21,825,244
NETHERLANDS - 3.4%
	30,093	*,g	Adyen NV		22,737,843
	107,047		ASML Holding NV		23,852,667
	1,165,720		ING Groep NV		12,934,530
			TOTAL NETHERLANDS		59,525,040
NORWAY - 2.7%
	815,986	e	Aker BP ASA		23,091,505
	790,055		Statoil ASA		14,165,914
	427,810		TGS Nopec Geophysical Co ASA		10,340,685
			TOTAL NORWAY		47,598,104
PHILIPPINES - 1.5%
	5,703,054		Banco de Oro Universal Bank		16,398,789
	6,009,020		Robinsons Retail Holdings, Inc		9,364,093
			TOTAL PHILIPPINES		25,762,882
PORTUGAL - 1.1%
	1,204,396		Jeronimo Martins SGPS S.A.		19,434,216
			TOTAL PORTUGAL		19,434,216
SPAIN - 1.3%
	279,399		Amadeus IT Holding S.A.		21,834,166
	142,139	*,†,e	Let’s GOWEX S.A.		1,574
			TOTAL SPAIN		21,835,740
SWEDEN - 2.7%
	416,726		Boliden AB		9,450,219
	411,035		Hexagon AB (B Shares)		19,915,606
	652,000	e	Intrum Justitia AB		17,092,600
			TOTAL SWEDEN		46,458,425
SWITZERLAND - 3.9%
	329,787	*	Alcon, Inc		19,097,835
	81,367		Lonza Group AG.		27,872,559
	222,935		Novartis AG.		20,442,877
			TOTAL SWITZERLAND		67,413,271

102

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
TAIWAN - 0.9%
	958,032		Dadi Early-Childhood Education Group Ltd	$	9,033,355
	1,781,949		Hota Industrial Manufacturing Co Ltd		6,224,943
			TOTAL TAIWAN		15,258,298
UNITED KINGDOM - 11.9%
	1,377,280		Ashtead Group plc		37,871,285
	2,404,119		Beazley plc		16,790,226
	6,990,888	*	boohoo.com plc		20,257,202
	1,270,400		CNH Industrial NV		12,863,435
	507,700		Dechra Pharmaceuticals plc		18,133,480
	2,294,186		Electrocomponents plc		16,903,959
	447,623		Fevertree Drinks plc		12,689,499
	1,695,494	*	Just Eat plc		15,598,548
	167,485		Linde plc (Xetra)		32,027,026
	6,603,400		Tritax Big Box REIT plc		12,273,251
	2,088,815		Vesuvius plc		12,739,139
			TOTAL UNITED KINGDOM		208,147,050
UNITED STATES - 2.3%
	983,770		Burford Capital Ltd		17,914,983
	112,300	*	Lululemon Athletica, Inc		21,459,407
			TOTAL UNITED STATES		39,374,390
			TOTAL COMMON STOCKS		1,650,060,611
			(Cost $1,261,401,010)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 9.2%
GOVERNMENT AGENCY DEBT - 1.8%
$	31,870,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	31,870,000
			TOTAL GOVERNMENT AGENCY DEBT					31,870,000
TREASURY DEBT - 2.7%
	3,210,000		United States Treasury Bill		2.182		08/13/19	3,207,797
	32,500,000		United States Treasury Bill		2.054		08/15/19	32,474,912
	10,000,000		United States Treasury Bill		2.073		08/27/19	9,985,832
			TOTAL TREASURY DEBT					45,668,541
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.7%
	82,650,367	c	State Street Navigator Securities Lending Government Money Market Portfolio					82,650,367
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					82,650,367
			TOTAL SHORT-TERM INVESTMENTS					160,188,908
			(Cost $160,187,145)

103

TIAA-CREF FUNDS - International Opportunities Fund

	VALUE
TOTAL INVESTMENTS - 103.9%	$	1,810,249,519
(Cost $1,421,588,155)
OTHER ASSETS & LIABILITIES, NET - (3.9)%		(68,085,435	)
NET ASSETS - 100.0%	$	1,742,164,084

	Abbreviation(s):
ADR	American Depositary Receipt
REIT	Real Estate Investment Trust
*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $87,592,519.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $46,166,431 or 2.6% of net assets.

104

TIAA-CREF FUNDS - International Opportunities Fund

TIAA-CREF FUNDS

INTERNATIONAL OPPORTUNITIES FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

SECTOR	VALUE			% OF NET ASSETS
CONSUMER DISCRETIONARY	$	325,254,228			18.7	%
INFORMATION TECHNOLOGY		302,587,837			17.4
INDUSTRIALS		274,966,985			15.8
FINANCIALS		205,089,263			11.8
CONSUMER STAPLES		154,546,522			8.9
HEALTH CARE		136,656,877			7.8
MATERIALS		102,061,812			5.8
ENERGY		72,524,417			4.1
COMMUNICATION SERVICES		64,099,419			3.7
REAL ESTATE		12,273,251			0.7
SHORT-TERM INVESTMENTS		160,188,908			9.2
OTHER ASSETS & LIABILITIES, NET		(68,085,435	)		(3.9	)
NET ASSETS	$	1,742,164,084			100.0	%

105

TIAA-CREF FUNDS - Quant International Equity Fund

TIAA-CREF FUNDS

QUANT INTERNATIONAL EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.2%
AUSTRALIA - 7.8%
	513,084		AGL Energy Ltd	$	7,353,131
	1,277,084		Alumina Ltd		2,024,647
	27,575		Aristocrat Leisure Ltd		573,810
	76,620		Australia & New Zealand Banking Group Ltd		1,456,138
	84,227		BHP Billiton Ltd		2,318,825
	72,847		BlueScope Steel Ltd		642,958
	98,553		CIMIC Group Ltd		2,460,032
	64,283		Coca-Cola Amatil Ltd		465,258
	10,784		Cochlear Ltd		1,620,292
	139,522	*	Coles Group Ltd		1,354,643
	74,251		Commonwealth Bank of Australia		4,167,083
	107,339		Computershare Ltd		1,156,285
	57,129		CSL Ltd		8,914,543
	434,087		Dexus Property Group		3,882,456
	520,596	e	Harvey Norman Holdings Ltd		1,559,039
	326,821		Macquarie Goodman Group		3,305,313
	233,494		Macquarie Group Ltd		20,435,155
	1,701,174		Mirvac Group		3,737,989
	54,702		Newcrest Mining Ltd		1,320,244
	250,561		Rio Tinto Ltd		16,769,385
	284,376		Rio Tinto plc		16,059,127
	1,155,254		Santos Ltd		5,692,131
	2,585,433		Telstra Corp Ltd		7,009,942
	28		TPG Telecom Ltd		133
	354,144		Wesfarmers Ltd		9,483,988
	481,182		Westpac Banking Corp		9,440,746
	64,365		Woodside Petroleum Ltd		1,517,790
	356,521		Woolworths Ltd		8,692,104
			TOTAL AUSTRALIA		143,413,187
AUSTRIA - 0.7%
	188,375		OMV AG.		9,425,722
	141,435		Raiffeisen International Bank Holding AG.		3,316,877
			TOTAL AUSTRIA		12,742,599
BELGIUM - 0.6%
	10,409		Anheuser-Busch InBev S.A.		1,046,485
	16,870		Proximus plc		480,995
	39,051		Solvay S.A.		3,998,625
	3,266		Telenet Group Holding NV		160,409
	62,474		UCB S.A.		4,871,502
			TOTAL BELGIUM		10,558,016

106

TIAA-CREF FUNDS - Quant International Equity Fund

SHARES			COMPANY	VALUE
DENMARK - 1.5%
	5,218		Carlsberg AS (Class B)	$	712,725
	541,845		Novo Nordisk AS		26,019,028
			TOTAL DENMARK		26,731,753
FINLAND - 0.8%
	29,512		Neste Oil Oyj		976,738
	541,818		UPM-Kymmene Oyj		14,604,704
			TOTAL FINLAND		15,581,442
FRANCE - 9.7%
	12,673		Airbus SE		1,791,466
	334,012	e	Alstom RGPT		14,385,482
	284,109		AXA S.A.		7,156,207
	181,328		CNP Assurances		3,747,720
	91,036		Credit Agricole S.A.		1,083,689
	50,998		Dassault Systemes S.A.		7,757,637
	77,969		Edenred		3,912,607
	124,953		Eiffage S.A.		12,346,900
	317,057		Eutelsat Communications		6,061,067
	154,255		Faurecia		7,299,741
	2,029		Hermes International		1,425,218
	40,444		Kering		20,889,780
	69,130		L’Oreal S.A.		18,496,722
	30,644		LVMH Moet Hennessy Louis Vuitton S.A.		12,657,788
	794,601		Peugeot S.A.		18,754,960
	191,644		Publicis Groupe S.A.		9,456,828
	38,463		Sanofi-Aventis		3,205,193
	224,431		Total S.A.		11,632,299
	163,806		Vinci S.A.		16,849,695
			TOTAL FRANCE		178,910,999
GERMANY - 7.9%
	53,276		Adidas-Salomon AG.		16,981,357
	129,553		Allianz AG.		30,057,456
	161,660	g	Covestro AG.		7,291,040
	233,638		Deutsche Annington Immobilien SE		11,407,213
	463,587		Deutsche Telekom AG.		7,594,053
	192,693		HeidelbergCement AG.		13,915,794
	50,791		Hochtief AG.		5,755,554
	93,545		KION Group AG.		4,986,123
	139,881		Lanxess AG.		8,326,070
	22,195		Merck KGaA		2,263,753
	29,367		MTU Aero Engines Holding AG.		7,318,163
	134,086		SAP AG.		16,390,137
	19,068		Siemens AG.		2,075,234
	60,947		Volkswagen AG.		10,391,128
			TOTAL GERMANY		144,753,075
HONG KONG - 3.8%
	725,775		AIA Group Ltd		7,428,860
	4,142,000		BOC Hong Kong Holdings Ltd		15,782,658
	537,000		CK Asset Holdings Ltd		4,037,774

107

TIAA-CREF FUNDS - Quant International Equity Fund

SHARES			COMPANY	VALUE
	1,327,840		CK Hutchison Holdings Ltd	$	12,408,636
	567,300		Hang Seng Bank Ltd		13,483,467
	1,344,000		Hong Kong & China Gas Ltd		2,967,688
	113,600		Jardine Matheson Holdings Ltd		6,895,038
	12,600		Melco Crown Entertainment Ltd (ADR)		283,122
	588,000		Swire Pacific Ltd (Class A)		6,702,069
			TOTAL HONG KONG		69,989,312
IRELAND - 0.4%
	1,008,987		AIB Group plc		3,462,542
	672,497		Bank of Ireland Group plc		2,967,515
	18,746		Kingspan Group plc		919,306
			TOTAL IRELAND		7,349,363
ISRAEL - 0.6%
	14,306	*	Check Point Software Technologies		1,601,557
	4,860	*	CyberArk Software Ltd		674,957
	163,168		Israel Chemicals Ltd		878,166
	1,970,799		Israel Discount Bank Ltd		8,506,022
			TOTAL ISRAEL		11,660,702
ITALY - 2.1%
	168,787		Assicurazioni Generali S.p.A.		3,147,930
	3,603,849		Enel S.p.A.		24,652,576
	648,371		ENI S.p.A.		10,128,397
			TOTAL ITALY		37,928,903
JAPAN - 23.6%
	169,400		Advantest Corp		6,523,400
	65,700		Aeon Mall Co Ltd		1,008,609
	303,000		Asahi Breweries Ltd		13,124,419
	585,900		Astellas Pharma, Inc		8,303,312
	3,000		Bank of Kyoto Ltd		116,430
	44,900		Brother Industries Ltd		794,975
	13,100		Calbee, Inc		369,570
	18,200		Central Japan Railway Co		3,658,429
	172,400		Chubu Electric Power Co, Inc		2,433,661
	77,900		Chugai Pharmaceutical Co Ltd		5,573,510
	562,600		Dai-ichi Mutual Life Insurance Co		8,270,807
	423,300		Daiwa House Industry Co Ltd		12,035,159
	229,200		FamilyMart Co Ltd		4,893,368
	5,000		Fast Retailing Co Ltd		2,999,122
	62,200		Fujifilm Holdings Corp		2,948,181
	20,900		GMO Payment Gateway, Inc		1,510,007
	145,500	e	Growell Holdings Co Ltd		6,760,709
	94,200		Hakuhodo DY Holdings, Inc		1,477,393
	3,600		Hikari Tsushin, Inc		793,716
	127,100		Hitachi Construction Machinery Co Ltd		2,980,690
	150,400		Hitachi Ltd		5,332,402
	14,200		Hoya Corp		1,088,883
	127,500		Hulic Co Ltd		1,095,272
	35,270		Idemitsu Kosan Co Ltd		971,949
	810,600		Itochu Corp		15,434,409

108

TIAA-CREF FUNDS - Quant International Equity Fund

SHARES			COMPANY	VALUE
	12,500		Itochu Techno-Science Corp	$	320,438
	101,200	e	Japan Tobacco, Inc		2,229,813
	663,800		JX Holdings, Inc		3,123,728
	385,900		Kansai Electric Power Co, Inc		4,765,704
	7,600		Kao Corp		554,654
	440,100		KDDI Corp		11,482,866
	26,500		Koito Manufacturing Co Ltd		1,324,823
	224,200		Konica Minolta Holdings, Inc		1,857,980
	81,100		Kubota Corp		1,251,010
	38,200		Kyushu Railway Co		1,088,398
	231,300		Mediceo Paltac Holdings Co Ltd		4,913,203
	32,700		MEIJI Holdings Co Ltd		2,270,849
	258,285		Mitsubishi Corp		6,935,541
	25,000		Mitsubishi Estate Co Ltd		460,174
	30,000		Mitsubishi Heavy Industries Ltd		1,237,535
	443,100		Mitsubishi UFJ Lease & Finance Co Ltd		2,348,081
	637,200		Mitsui & Co Ltd		10,358,872
	89,900		Mitsui Fudosan Co Ltd		2,029,419
	243,000		Mitsui Sumitomo Insurance Group Holdings, Inc		7,965,194
	62,800		Murata Manufacturing Co Ltd		2,875,685
	101,200		Namco Bandai Holdings, Inc		5,440,437
	2,100		Nintendo Co Ltd		772,575
	48,500		Nippon Meat Packers, Inc		1,798,760
	74,400		Nippon Steel Corp		1,165,635
	160,500		Nippon Telegraph & Telephone Corp		7,243,535
	139,900		NTT Data Corp		1,836,928
	1,082,800		Obayashi Corp		10,255,225
	40,100		Obic Co Ltd		4,272,669
	624,900		OJI Paper Co Ltd		3,231,517
	59,600		Oracle Corp Japan		4,948,586
	147,700		Otsuka Corp		5,824,101
	54,900		Rakuten, Inc		559,936
	13,100		Recruit Holdings Co Ltd		443,598
	236,200		Resona Holdings, Inc		962,906
	493,300		Ricoh Co Ltd		4,518,308
	111,700		Seibu Holdings, Inc		1,756,206
	344,100	e	Sekisui House Ltd		5,785,483
	29,400		Seven & I Holdings Co Ltd		1,003,361
	250,600	e	Sharp Corp		3,143,176
	915,800		Shimizu Corp		7,369,745
	172,200		Shin-Etsu Chemical Co Ltd		17,532,690
	331,400		Shionogi & Co Ltd		18,347,965
	6,700		Shiseido Co Ltd		493,016
	278,000		Softbank Corp		3,745,819
	293,100		Softbank Group Corp		14,965,145
	405,900		Sony Corp		23,085,121
	346,100		Sony Financial Holdings, Inc		8,384,942
	165,800		Sumco Corp		2,172,958
	104,100		Sumitomo Heavy Industries Ltd		3,356,037
	46,600		Sumitomo Realty & Development Co Ltd		1,695,631
	35,400		Suntory Beverage & Food Ltd		1,404,616
	69,300		T&D Holdings, Inc		778,228
	68,300		Taiheiyo Cement Corp		1,918,228

109

TIAA-CREF FUNDS - Quant International Equity Fund

SHARES			COMPANY	VALUE
	37,200		TDK Corp	$	2,856,117
	79,900		Temp Holdings Co Ltd		1,932,538
	10,500		THK Co Ltd		264,623
	340,500		Tokio Marine Holdings, Inc		18,074,079
	4,600		Tokyo Gas Co Ltd		114,824
	421,400		Toppan Printing Co Ltd		6,849,380
	453,100		Toshiba Corp		14,456,925
	119,900		Toyota Industries Corp		6,224,537
	435,876		Toyota Motor Corp		28,163,335
	70,500		Toyota Tsusho Corp		2,040,688
	219,400		Yokohama Rubber Co Ltd		4,036,695
			TOTAL JAPAN		435,119,173
MACAU - 0.1%
	344,400		Sands China Ltd		1,653,074
			TOTAL MACAU		1,653,074
NETHERLANDS - 4.5%
	72,799		ASML Holding NV		16,221,382
	173,912		EXOR NV		12,111,465
	39,390		Heineken Holding NV		3,980,274
	852,681		Koninklijke Ahold Delhaize NV		19,366,871
	22,031		NXP Semiconductors NV		2,277,785
	116,650		Randstad Holdings NV		5,855,113
	407,697		Royal Dutch Shell plc (A Shares)		12,840,608
	309,019		Royal Dutch Shell plc (B Shares)		9,760,365
			TOTAL NETHERLANDS		82,413,863
NEW ZEALAND - 0.2%
	36,291	*	a2 Milk Co Ltd		426,423
	188,429		Fisher & Paykel Healthcare Corp		2,031,037
	92,184		Meridian Energy Ltd		283,738
	106,395		Ryman Healthcare Ltd		897,097
			TOTAL NEW ZEALAND		3,638,295
NORWAY - 0.6%
	519,832		DNB NOR Holding ASA		9,300,106
	111,659		Statoil ASA		2,002,078
			TOTAL NORWAY		11,302,184
SINGAPORE - 1.3%
	3,596,400		CapitaLand Ltd		9,421,901
	413,100		Singapore Exchange Ltd		2,370,152
	623,800		United Overseas Bank Ltd		11,885,103
	10,000		Venture Corp Ltd		111,594
			TOTAL SINGAPORE		23,788,750
SOUTH AFRICA - 1.1%
	662,983		Anglo American plc (London)		16,245,998
	819,573		Investec plc		4,663,137
			TOTAL SOUTH AFRICA		20,909,135

110

TIAA-CREF FUNDS - Quant International Equity Fund

SHARES		COMPANY	VALUE
SPAIN - 3.3%
	391,607	ACS Actividades Construccion y Servicios S.A.	$	15,823,562
	80,233	Amadeus IT Holding S.A.		6,269,961
	3,412,175	Banco Bilbao Vizcaya Argentaria S.A.		17,373,804
	268,543	Endesa S.A.		6,635,269
	482,668	Iberdrola S.A.		4,579,260
	204,333	Red Electrica Corp S.A.		3,852,461
	713,030	Telefonica S.A.		5,435,868
		TOTAL SPAIN		59,970,185
SWEDEN - 2.9%
	35,003	Atlas Copco AB (A Shares)		1,069,136
	34,664	Hennes & Mauritz AB (B Shares)		604,370
	269,908	Industrivarden AB		5,863,709
	2,972	Investor AB (B Shares)		141,309
	579,678	Sandvik AB		8,895,504
	1,854,098	Skandinaviska Enskilda Banken AB (Class A)		17,432,319
	1,339,843	Volvo AB (B Shares)		19,903,516
		TOTAL SWEDEN		53,909,863
SWITZERLAND - 9.7%
	2,985	Baloise Holding AG.		484,479
	2,271	Barry Callebaut AG.		4,430,638
	48,281	Holcim Ltd		2,369,752
	1,342	Lindt & Spruengli AG.		9,890,765
	316,673	Nestle S.A.		33,594,944
	450,816	Novartis AG.		41,339,296
	154,633	Roche Holding AG.		41,389,853
	820,423	STMicroelectronics NV		15,035,822
	39,238	Swiss Life Holding		18,961,333
	17,621	Swisscom AG.		8,539,875
	5,775	Temenos Group AG.		1,016,646
	181,970	UBS AG.		2,031,119
	590	Zurich Financial Services AG.		205,221
		TOTAL SWITZERLAND		179,289,743
UNITED KINGDOM - 14.3%
	39,771	3i Group plc		535,915
	134,482	Admiral Group plc		3,536,624
	554,835	Ashtead Group plc		15,256,385
	122,012	AstraZeneca plc (ADR)		5,296,541
	231,728	Aviva plc		1,137,696
	1,203,962	Barclays plc		2,253,610
	879,247	Barratt Developments plc		6,864,478
	743,393	BP plc (ADR)		29,542,438
	292,802	British American Tobacco plc		10,433,276
	6,421,570	BT Group plc		15,041,574
	247,822	Coca-Cola European Partners plc (Class A)		13,699,600
	60,578	Compass Group plc		1,532,654
	516,409	Diageo plc		21,534,347
	226,133	Direct Line Insurance Group plc		884,564
	1,166,309	GlaxoSmithKline plc		24,120,346
	57,928	Halma plc		1,398,930

111

TIAA-CREF FUNDS - Quant International Equity Fund

SHARES		COMPANY	VALUE
	1,851,291	HSBC Holdings plc	$	14,826,040
	65,445	Imperial Tobacco Group plc		1,660,997
	5,933,059	Legal & General Group plc		18,815,495
	5,370,862	Lloyds TSB Group plc		3,474,322
	87,154	Micro Focus International plc		1,835,820
	291,379	National Grid plc		2,986,420
	130,485	Persimmon plc		3,183,649
	544,420	RELX plc (London)		12,912,720
	359,477	Segro plc		3,335,347
	5,854	Severn Trent plc		143,159
	44,865	Smith & Nephew plc		1,015,690
	9,619	Spirax-Sarco Engineering plc		1,048,887
	411,824	Standard Chartered plc		3,389,187
	3,736,268	Taylor Wimpey plc		7,320,600
	194,128	Unilever NV		11,252,363
	309,250	Unilever plc		18,605,146
	545,443	United Utilities Group plc		5,213,070
		TOTAL UNITED KINGDOM		264,087,890
UNITED STATES - 1.7%
	500,000	iShares MSCI EAFE Index Fund		32,225,000
		TOTAL UNITED STATES		32,225,000
		TOTAL COMMON STOCKS		1,827,926,506
		(Cost $1,735,614,196)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 1.0%
GOVERNMENT AGENCY DEBT - 0.4%
$	6,600,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		6,600,000
			TOTAL GOVERNMENT AGENCY DEBT						6,600,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.6%
	11,521,789	c	State Street Navigator Securities Lending Government Money Market Portfolio						11,521,789
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						11,521,789
			TOTAL SHORT-TERM INVESTMENTS						18,121,789
			(Cost $18,121,789)
			TOTAL INVESTMENTS - 100.2%						1,846,048,295
			(Cost $1,753,735,985)
			OTHER ASSETS & LIABILITIES, NET - (0.2)%						(3,902,896	)
			NET ASSETS - 100.0%					$	1,842,145,399

	Abbreviation(s):
ADR	American Depositary Receipt
*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $22,833,406.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $7,291,040 or 0.4% of net assets.

112

TIAA-CREF FUNDS - Quant International Equity Fund

TIAA-CREF FUNDS

QUANT INTERNATIONAL EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	366,442,440			19.9	%
INDUSTRIALS		264,538,912			14.4
CONSUMER STAPLES		214,546,719			11.6
CONSUMER DISCRETIONARY		203,015,136			11.0
HEALTH CARE		201,211,043			10.9
MATERIALS		130,613,403			7.1
INFORMATION TECHNOLOGY		120,341,249			6.5
COMMUNICATION SERVICES		99,468,077			5.4
ENERGY		97,614,241			5.3
UTILITIES		65,980,961			3.6
REAL ESTATE		64,154,325			3.5
SHORT-TERM INVESTMENTS		18,121,789			1.0
OTHER ASSETS & LIABILITIES, NET		(3,902,896	)		(0.2	)
NET ASSETS	$	1,842,145,399			100.0	%

113

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

TIAA-CREF FUNDS

QUANT INTERNATIONAL SMALL-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 97.6%
AUSTRALIA - 4.6%
	886,644		Abacus Property Group	$	2,509,788
	301,000		Ansell Ltd		5,726,186
	1,839,000		Australian Pharmaceutical Industries Ltd		1,809,083
	1,016,714		Beach Petroleum Ltd		1,465,587
	185,000		Bunnings Warehouse Property Trust		474,275
	463,000		Charter Hall Group		3,580,630
	510,000		Cleanaway Waste Management Ltd		839,788
	1,351,000	e	Evolution Mining Ltd		4,585,263
	561,000		GDI Property Group		548,605
	750,000	e	Genworth Mortgage Insurance Australia Ltd		1,734,775
	359,000		Inghams Group Ltd		994,693
	164,000	e	JB Hi-Fi Ltd		3,364,154
	500,000		Macquarie CountryWide Trust		1,541,510
	400,000		Northern Star Resources Ltd		3,519,765
	1,207,667		Shopping Centres Australasia Property Group		2,013,220
	1,133,428		St Barbara Ltd		2,840,534
	300,000	e	Super Cheap Auto Group Ltd		1,841,605
	629,585		Tassal Group Ltd		2,215,873
	285,000	*	Village Roadshow Ltd		516,478
	110,000		Webjet Ltd		1,017,231
			TOTAL AUSTRALIA		43,139,043
AUSTRIA - 0.5%
	66,000		CA Immobilien Anlagen AG.		2,323,373
	89,000		Sparkassen Immobilien AG.		1,968,490
			TOTAL AUSTRIA		4,291,863
BELGIUM - 0.5%
	63,000		Mobistar S.A.		1,440,152
	18,733		Warehouses De Pauw SCA		3,131,354
			TOTAL BELGIUM		4,571,506
BRAZIL - 2.9%
	476,000		Aliansce Shopping Centers S.A.		3,516,040
	289,990		Banco ABC Brasil S.A.		1,362,433
	367,000		Banco do Estado do Rio Grande do Sul		2,260,843
	560,000		Cia Paranaense de Energia		7,212,127
	750,000		MRV Engenharia e Participacoes S.A.		3,985,484
	288,000		Randon Participacoes S.A.		747,856
	574,000		SLC Agricola S.A.		2,713,315
	814,000		Transmissora Alianca de Energia Eletrica S.A.		5,933,806
			TOTAL BRAZIL		27,731,904

114

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
CANADA - 5.5%
	60,000		Aecon Group, Inc	$	923,776
	43,000	e	Alaris Royalty Corp		661,388
	154,000		Canaccord Financial, Inc		644,098
	52,000		Canadian Apartment Properties REIT		1,919,170
	65,000		Capital Power Corp		1,458,782
	46,000		Cineplex Galaxy Income Fund		826,034
	59,000		Cogeco Communications, Inc		4,659,471
	284,000		Dream Global REIT		3,031,944
	109,000		Entertainment One Ltd		582,109
	14,000	e	Exchange Income Corp		394,817
	71,000		Gibson Energy, Inc		1,230,315
	65,000		Granite REIT		3,020,988
	180,000	*	Interfor Corp		1,632,520
	170,000		InterRent Real Estate Investment Trust		1,897,333
	3,000		iShares S&P/TSX SmallCap Index ETF		34,460
	69,000		Labrador Iron Ore Royalty Corp		1,644,749
	105,000		Martinrea International, Inc		860,017
	86,000	e	Medical Facilities Corp		809,956
	175,000	*	MEG Energy Corp		735,907
	30,000		Norbord, Inc		695,333
	115,000		Northview Apartment Real Estate Investment Trust		2,370,056
	102,000	*	Parex Resources, Inc		1,743,537
	240,100		Parkland Fuel Corp		7,846,274
	197,900		Russel Metals, Inc		3,138,390
	192,600		TFI International, Inc		6,092,628
	100,000	e	Timbercreek Financial Corp		734,202
	103,000		Transcontinental, Inc		1,184,679
	191,000	*	Uranium Participation Corp		626,633
	49,000		Valener, Inc		961,585
			TOTAL CANADA		52,361,151
CHILE - 0.2%
	20,318,000	*	Compania SudAmericana de Vapores S.A.		689,759
	70,000		Inversiones La Construccion S.A.		1,096,411
			TOTAL CHILE		1,786,170
CHINA - 4.2%
	1,527,000		Asia Cement China Holdings Corp		2,099,927
	1,794,000		Beijing North Star Co		672,524
	806,000		Catic Shenzhen Holdings Ltd		497,860
	2,660,000		CGN New Energy Holdings Co Ltd		341,031
	73,000	e	Changyou.com Ltd (ADR)		575,970
	2,492,000		China BlueChemical Ltd		683,229
	4,750,000		China Overseas Grand Oceans Group Ltd		2,486,035
	5,885,000		China SCE Property Holdings Ltd		3,202,044
	1,389,000		China Shineway Pharmaceutical Group Ltd		1,158,456
	7,997,000		China Suntien Green Energy Cor		2,026,463
	4,514,000		Citic 1616 Holdings Ltd		1,862,900
	3,128,000		Fushan International Energy Group Ltd		647,770
	3,721,000	g	Genertec Universal Medical Group Company Limited		2,816,760
	502,000	*,e	JinkoSolar Holding Co Ltd (ADR)		9,834,180
	1,834,000		Powerlong Real Estate Holdings Ltd		1,112,622

115

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	689,000		SITC International Co Ltd	$	759,444
	1,989,000		TCL Multimedia Technology Holdings Ltd		900,658
	2,940,000		Tiangong International Co Ltd		911,487
	2,626,000		Tianneng Power International Ltd		2,096,615
	2,229,561		Xingda International Holdings Ltd		598,772
	1,574,000		XTEP International Holdings		1,133,476
	639,000	e,g	YiChang HEC ChangJiang Pharmaceutical Co Ltd		3,218,242
			TOTAL CHINA		39,636,465
COLOMBIA - 0.1%
	68,000	*	Corp Financiera Colombiana S.A.		560,012
			TOTAL COLOMBIA		560,012
DENMARK - 2.3%
	201,000		Alm Brand AS		1,796,975
	51,000		Dfds A.S.		1,878,416
	176,000		GN Store Nord		8,348,620
	85,000		Matas A.S.		876,990
	64,000		Royal Unibrew A.S.		4,769,435
	83,000		Topdanmark AS		4,254,247
			TOTAL DENMARK		21,924,683
EGYPT - 0.1%
	1,500,000		Telecom Egypt		1,268,531
			TOTAL EGYPT		1,268,531
FINLAND - 0.8%
	75,000		DNA Oyj		1,733,810
	249,000		Finnair Oyj		1,754,523
	168,000		Kemira Oyj		2,477,815
	88,000		Valmet Corp		1,708,744
			TOTAL FINLAND		7,674,892
FRANCE - 2.4%
	716,000	*	Air France-KLM		7,469,578
	7,000		Alten		865,966
	1,180,000	*	CGG S.A.		2,588,486
	60,000		Compagnie Plastic-Omnium S.A.		1,582,908
	12,000		Eramet		573,906
	56,000		Gaztransport Et Technigaz S.A.		5,080,601
	40,000		Kaufman & Broad S.A.		1,642,484
	39,000		Nexity		1,872,524
	31,000		Sechilienne-Sidec		822,964
			TOTAL FRANCE		22,499,417
GERMANY - 2.1%
	134,000	*	ADVA AG. Optical Networking		1,037,316
	28,000		Bechtle AG.		3,101,580
	280,000		Borussia Dortmund GmbH & Co KGaA		2,802,040
	264,000	g	Deutsche Pfandbriefbank AG.		2,997,097
	323,000		Deutz AG.		2,229,742
	67,000	*	Evotec AG.		1,888,097

116

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	20,000		LEG Immobilien AG.	$	2,306,422
	153,000		TAG Tegernsee Immobilien und Beteiligungs AG.		3,601,815
			TOTAL GERMANY		19,964,109
GREECE - 0.2%
	168,000		Mytilineos Holdings S.A.		2,041,888
			TOTAL GREECE		2,041,888
HONG KONG - 0.9%
	1,168,000		Champion Real Estate Investment Trust		865,835
	10,260,000		Concord New Energy Group Ltd		502,304
	2,440,000		CSI Properties Ltd		108,637
	990,113		Far East Consortium		469,842
	168,000		Johnson Electric Holdings Ltd		302,379
	3,103,734		K Wah International Holdings Ltd		1,614,888
	623,000	e	PAX Global Technology Ltd		249,803
	662,000		Road King Infrastructure		1,361,051
	4,802,000		Shun TAK Holdings Ltd		1,773,018
	560,000		Texhong Textile Group Ltd		562,387
	1,158,000		VST Holdings Ltd		633,332
			TOTAL HONG KONG		8,443,476
HUNGARY - 0.1%
	597,000		Magyar Telekom		863,731
			TOTAL HUNGARY		863,731
INDIA - 1.3%
	236,000	*	Adani Enterprises Ltd		439,493
	150,000	*	Apollo Tyres Ltd		341,950
	263,000	*	Canara Bank		898,036
	114,000	*	Development Credit Bank Ltd		322,658
	700,000		Federal Bank Ltd		935,546
	260,000	*	Granules India Ltd		341,981
	160,000		Gujarat Narmada Valley Fertilizers Co Ltd		488,384
	600,000	*	Indiabulls Real Estate Ltd		765,298
	155,000		IRB Infrastructure Developers Ltd		210,043
	349,000	*	Karnataka Bank Ltd		424,777
	229,000		KPIT Cummins Infosystems Ltd		247,358
	229,000	*	KPIT Engineering Ltd		264,506
	27,000	*	Mahanagar Gas Ltd		316,200
	400,000		Manappuram General Finance & Leasing Ltd		657,567
	29,001		Mphasis Ltd		395,010
	67,000	*	Muthoot Finance Ltd		589,584
	615,000	*	Nagarjuna Construction Co		650,504
	35,000	*	NIIT Technologies Ltd		610,487
	703,000	*	Power Finance Corp Ltd		1,117,014
	261,000	*	PTC India Ltd		211,612
	98,000	*	Rajesh Exports Ltd		981,781
	15,585		Rhi Magnesita NV		843,953
	150,000	*	Torrent Power Ltd		663,370
			TOTAL INDIA		12,717,112

117

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
INDONESIA - 0.4%
	24,057,000	*	PT Panin Life Tbk	$	599,121
	21,242,000		PT Wijaya Karya		3,510,387
			TOTAL INDONESIA		4,109,508
IRELAND - 0.2%
	111,000		Glanbia plc		1,449,949
	435,000		Irish Residential Properties REIT plc		824,405
			TOTAL IRELAND		2,274,354
ISRAEL - 1.8%
	124,000	*	Airport City Ltd		2,274,005
	250,000		Amot Investments Ltd		1,762,669
	2,700		Bayside Land Corp		1,451,758
	38,000	*	Equital Ltd		1,241,396
	76,000		First International Bank Of Israel Ltd		1,958,999
	350,000	*	Jerusalem Economy Ltd		1,421,117
	42,000	*	Kornit Digital Ltd		1,310,400
	75,000		Matrix IT Ltd		1,178,079
	5,029,000	*	Oil Refineries Ltd		2,698,407
	520,000		Shikun & Binui Ltd		1,788,084
			TOTAL ISRAEL		17,084,914
ITALY - 3.8%
	120,000		ACEA S.p.A.		2,256,414
	578,000		Actelios S.p.A.		2,670,349
	108,000		Amplifon S.p.A.		2,661,911
	683,000		Banca Popolare dell’Emilia Romagna Scrl		2,541,221
	214,000		Cairo Communication S.p.A.		613,099
	80,000		Cementir S.p.A.		564,127
	127,000		ERG S.p.A.		2,455,880
	624,000		Italgas S.p.A		3,942,912
	1,050,000		Piaggio & C S.p.A.		3,153,682
	934,000		Saras S.p.A.		1,537,410
	39,000		Societa Iniziative Autostradali e Servizi S.p.A.		739,752
	69,000	g	Technogym S.p.A		741,186
	2,351,000		Unipol Gruppo Finanziario S.p.A		12,059,866
			TOTAL ITALY		35,937,809
JAPAN - 20.4%
	54,000		Adastria Holdings Co Ltd		1,056,749
	76,000		ADEKA Corp		1,111,587
	33,000		Akatsuki, Inc		2,215,151
	86,000		Arcs Co Ltd		1,788,860
	28,000		Asahi Holdings, Inc		581,412
	168,000		Bunka Shutter Co Ltd		1,374,905
	116,000		Central Glass Co Ltd		2,636,926
	9,000		Chori Co Ltd		140,160
	25,000		Comture Corp		957,464
	37,000		Daikyonishikawa Corp		304,541
	52,000		Daishi Hokuetsu Financial Group, Inc		1,382,204
	72,800		Daiwabo Co Ltd		3,527,917
	162,000	e	DCM Japan Holdings Co Ltd		1,528,712

118

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	14,000		Digital Arts, Inc	$	1,417,348
	97,000		Eagle Industry Co Ltd		967,622
	11,000		Fukuda Corp		462,137
	38,000		Giken Seisakusho Co, Inc		1,113,425
	51,000		G-Tekt Corp		743,495
	64,699		GungHo Online Entertainment Inc		1,707,082
	176,000		Hanwa Co Ltd		4,795,505
	691,000		Haseko Corp		7,485,386
	28,000		Hosokawa Micron Corp		1,132,930
	10,000		Inaba Denki Sangyo Co Ltd		460,534
	29,000		Inabata & Co Ltd		377,361
	6,000		Invincible Investment Corp		3,443,754
	238,000		Ishihara Sangyo Kaisha Ltd		2,528,529
	127,000		Itochu Enex Co Ltd		1,027,694
	9,800		Jaccs Co Ltd		194,909
	48,000		Jafco Co Ltd		1,779,411
	296,000		Japan Elevator Service Holdings Co Ltd		7,475,028
	14,600		Japan Pulp & Paper Co Ltd		491,287
	201,000		JVC KENWOOD Holdings, Inc		449,512
	39,000		Kaken Pharmaceutical Co Ltd		1,889,331
	137,000		Kandenko Co Ltd		1,194,495
	187,800		Kanematsu Corp		2,154,614
	124,000		Kasai Kogyo Co Ltd		1,017,416
	30,000	e	Katitas Co Ltd		1,151,689
	71,000		Konoike Transport Co Ltd		1,098,521
	99,000		Koshidaka Holdings Co Ltd		1,400,472
	68,200		Kumagai Gumi Co Ltd		1,823,221
	36,000		Kureha CORP		2,384,814
	319,000		Kyowa Exeo Corp		7,661,537
	81,000		Maeda Corp		606,858
	110,000		Maeda Road Construction Co Ltd		2,334,249
	75,000		Maruha Nichiro Corp		2,191,019
	8,000		Maruzen Showa Unyu Co Ltd		237,650
	60,000		Mitsui Sugar Co Ltd		1,279,982
	88,000		NET One Systems Co Ltd		2,321,025
	95,000		Nichii Gakkan Co		1,503,267
	87,000		Nippo Corp		1,657,467
	77,000		Nippon Konpo Unyu Soko Co Ltd		1,799,311
	425,000		Nippon Suisan Kaisha Ltd		2,678,290
	92,200		Nishimatsu Construction Co Ltd		1,742,085
	125,000		Nissin Electric Co Ltd		1,436,116
	110,000		Nojima Corp		1,771,107
	29,000		Open House Co Ltd		1,263,442
	250,000		Pressance Corp		3,479,740
	193,000		Raito Kogyo Co Ltd		2,539,983
	151,000		Sanki Engineering Co Ltd		1,700,853
	269,000		Senko Co Ltd		2,107,512
	123,000		Shinnihon Corp		966,899
	23,000		Shinwa Kaiun Kaisha Ltd		509,889
	247,000		Showa Corp		3,322,547
	36,000		Sumitomo Densetsu Co Ltd		638,180
	108,000		Sumitomo Forestry Co Ltd		1,351,840
	349,200		Sumitomo Mitsui Construction C		1,856,164

119

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	145,000		Sun Frontier Fudousan Co Ltd	$	1,474,283
	49,000	e	Sushiro Global Holdings Ltd		3,005,253
	39,000		Systena Corp		648,105
	44,500		Taihei Dengyo Kaisha Ltd		919,408
	733,000	e	Takara Leben Co Ltd		2,558,391
	32,000		Takeuchi Manufacturing Co Ltd		494,918
	69,000		Tamron Co Ltd		1,543,922
	80,000		Toho Pharmaceutical Co Ltd		1,778,935
	738,000		Tokyo Steel Manufacturing Co Ltd		5,605,917
	200,000		Tomy Co Ltd		2,554,389
	30,000		Torii Pharmaceutical Co Ltd		717,668
	197,000		Tosei Corp		2,071,606
	117,000		Towa Pharmaceutical Co Ltd		2,936,065
	468,000		Toyo Construction Co Ltd		1,842,056
	9,000		Trancom Co Ltd		518,609
	19,000		TS Tech Co Ltd		523,055
	149,000	e	Tsubaki Nakashima Co Ltd		2,569,037
	1,046,000		Tsugami Corp		8,413,673
	77,000		UBE Industries Ltd		1,603,175
	33,000		United Arrows Ltd		945,724
	451,000	e	United Technology Holdings Co Ltd		9,896,041
	281,000	e	UNITED, Inc		3,618,223
	97,000	e	Unizo Holdings Co Ltd		3,148,111
	111,000	*,e	UUUM, Inc		5,228,339
	26,000	e	V Technology Co Ltd		1,223,079
	50,000		Valor Co Ltd		1,032,163
	47,000		VITAL KSK Holdings, Inc		455,578
	350,000		Wacom Co Ltd		1,232,910
	87,000		Yorozu Corp		1,142,448
	98,000		Yurtec Corp		650,294
	58,000		Zenkoku Hosho Co Ltd		2,262,363
	111,000		ZIGExN Co Ltd		795,307
			TOTAL JAPAN		193,140,167
JORDAN - 0.1%
	44,000		Hikma Pharmaceuticals plc		981,611
			TOTAL JORDAN		981,611
KOREA, REPUBLIC OF - 4.1%
	223,000		CJ Hellovision Co Ltd		1,123,451
	142,000		Daeduck Electronics Co		1,221,813
	41,000		Daewoong Co Ltd		534,844
	202,000		Dongwon Development Co Ltd		821,918
	810,000		Easy Bio, Inc		3,580,206
	642,000		Eugene Corp		2,725,164
	30,000		Global & Yuasa Battery Co Ltd		1,026,963
	51,000		Hansol Paper Co Ltd		607,128
	71,000		Hyosung Corp		4,878,947
	189,000		Jeil Holdings Co Ltd		1,627,992
	54,000		Kyobo Securities Co		444,090
	237,000	*	Lotte Non-Life Insurance Co Ltd		408,684
	71,000		Meritz finance Holdings Co Ltd		833,501
	174,000		Meritz Fire & Marine Insurance Co Ltd		2,926,718

120

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	36,000		NICE Holdings Co Ltd	$	658,522
	6,000		Samchully Co Ltd		452,655
	58,000		Samjin Pharmaceutical Co Ltd		1,322,996
	78,000	*	Samsung Techwin Co Ltd		2,113,313
	40,000		Seah Besteel Corp		545,058
	18,371		SK Gas Co Ltd		1,200,787
	928,000		SK Networks Co Ltd		3,891,402
	39,000		SL Corp		725,505
	129,000	*	Ssangyong Motor Co		361,402
	1,000		Taekwang Industrial Co Ltd		1,048,939
	292,000		Taeyoung Engineering & Construction		3,252,033
	12,000		Unid Co Ltd		480,038
			TOTAL KOREA, REPUBLIC OF		38,814,069
MALAYSIA - 0.4%
	1,207,000		Berjaya Auto BHD		745,874
	1,795,000		Drb-Hicom BHD		1,146,987
	1,048,662		Sunway BHD		420,736
	4,261,000		Supermax Corp BHD		1,703,513
			TOTAL MALAYSIA		4,017,110
MEXICO - 1.0%
	900,000		Corp Inmobiliaria Vesta SAB de C.V.		1,325,315
	3,500,000		Gentera SAB de C.V.		2,889,309
	963,000	g	Mexico Real Estate Management S.A. de C.V.		1,088,942
	660,000		Regional SAB de C.V.		3,160,905
	443,000	e	Unifin Financiera SAPI de C.V. SOFOM ENR		948,241
			TOTAL MEXICO		9,412,712
NETHERLANDS - 1.8%
	220,000		ASR Nederland NV		8,266,834
	1,130,000	e	Koninklijke BAM Groep NV		3,780,173
	97,000	g	Philips Lighting NV		2,636,156
	184,500		TomTom NV		2,186,610
			TOTAL NETHERLANDS		16,869,773
NEW ZEALAND - 0.3%
	569,882		Genesis Energy Ltd		1,281,461
	458,155		Infratil Ltd		1,396,694
			TOTAL NEW ZEALAND		2,678,155
NORWAY - 1.7%
	21,000		Aker ASA (A Shares)		1,105,185
	145,000	g	Entra ASA		2,103,226
	440,000	g	Europris ASA		1,262,487
	127,000		Golden Ocean Group Ltd		767,500
	584,000	*,e	Petroleum Geo-Services ASA		827,968
	85,000	*	Protector Forsikring ASA		460,663
	65,000		Salmar ASA		3,002,267
	221,000		SpareBank SR-Bank ASA		2,377,800
	151,000		Sparebanken Midt-Norge		1,662,425
	130,000		Sparebanken Nord-Norge		956,316

121

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	46,000	e	TGS Nopec Geophysical Co ASA	$	1,111,876
			TOTAL NORWAY		15,637,713
PAKISTAN - 0.1%
	1,998,000		Engro Fertilizers Ltd		805,710
			TOTAL PAKISTAN		805,710
PHILIPPINES - 0.1%
	1,824,000		First Gen Corp		951,572
			TOTAL PHILIPPINES		951,572
POLAND - 0.6%
	77,000		Asseco Poland S.A.		1,089,655
	69,000		Ciech S.A.		703,320
	440,000	g	PLAY Communications S.A.		3,581,144
			TOTAL POLAND		5,374,119
PORTUGAL - 0.8%
	166,000		Altri SGPS S.A.		1,093,384
	941,000	e	Mota Engil SGPS S.A.		1,888,977
	390,000		PT Multimedia Servicos de Telecomunicacoes e Multimedia SGPS S.A.		2,421,661
	2,309,000		Sonae SPGS S.A.		2,153,315
			TOTAL PORTUGAL		7,557,337
QATAR - 0.2%
	3,000,000	*	Qatar Gas Transport Co Ltd		1,944,654
			TOTAL QATAR		1,944,654
SINGAPORE - 0.5%
	1,900,000		Ascott Residence Trust		1,807,741
	67,000		China Yuchai International Ltd		913,880
	1,000,000		Frasers Centrepoint Trust		1,899,425
			TOTAL SINGAPORE		4,621,046
SOUTH AFRICA - 2.2%
	461,000		African Rainbow Minerals Ltd		5,678,783
	524,000		DataTec Ltd		1,231,115
	300,000	*,e	Impala Platinum Holdings Ltd		1,600,454
	9,112,000	*,e	Sibanye Gold Ltd		11,268,905
	587,239		Vukile Property Fund Ltd		772,955
			TOTAL SOUTH AFRICA		20,552,212
SPAIN - 2.0%
	50,000	e	Acciona S.A.		5,323,950
	50,000		Applus Services S.A.		702,836
	72,000		Cie Automotive S.A.		1,820,539
	27,000		Construcciones y Auxiliar de Ferrocarriles S.A.		1,219,984
	79,000	g	Euskaltel S.A.		690,879
	170,247	*,g	Global Dominion Access S.A.		818,467
	152,027		Laboratorios Almirall S.A.		2,755,641
	905,000		Mediaset Espana Comunicacion SA		5,312,807
			TOTAL SPAIN		18,645,103

122

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
SWEDEN - 3.2%
	26,000		Biogaia AB (B Shares)	$	1,081,090
	138,000		Biotage AB		1,488,120
	96,000		Castellum AB		1,948,858
	44,000	*	Fastighets AB Balder		1,506,693
	214,000		Getinge AB (B Shares)		3,139,949
	111,000		Granges AB		1,105,249
	152,000		Hemfosa Fastigheter AB		1,368,215
	56,000		Humana AB		317,060
	277,000	e	Intrum Justitia AB		7,261,734
	1,426,000		Klovern AB (B Shares)		2,345,450
	116,000		Lindab International AB		1,320,852
	135,000		New Wave Group AB (B Shares)		901,487
	324,000	g	Nobina AB		1,888,289
	152,000	*	Nyfosa AB		938,471
	54,000		SkiStar AB		626,084
	218,000		Wihlborgs Fastigheter AB		3,169,432
			TOTAL SWEDEN		30,407,033
SWITZERLAND - 2.1%
	5,000		Allreal Holding AG.		873,337
	45,000		Cembra Money Bank AG.		4,336,944
	1,000		Emmi AG.		832,022
	54,000	g	Galenica AG.		2,778,887
	1,000		Interroll Holding AG.		2,031,069
	43,000		Logitech International S.A.		1,768,359
	190,000		OC Oerlikon Corp AG.		2,033,613
	39,000		PSP Swiss Property AG.		4,676,116
	19,000		Zehnder Group AG.		716,000
			TOTAL SWITZERLAND		20,046,347
TAIWAN - 5.7%
	1,315,000		Arcadyan Technology Corp		4,515,424
	3,135,000		Benq Corp		1,943,991
	1,491,000		Cheng Loong Corp		897,384
	2,114,025		China Manmade Fibers Corp		635,486
	2,053,000		Chipbond Technology Corp		4,116,101
	5,935,000	*	Chung Hung Steel Corp		1,997,833
	781,000		Continental Engineering Corp		435,509
	400,000		Huaku Development Co Ltd		1,047,800
	376,000		ITEQ Corp		1,637,940
	1,399,242		Mitac Holdings Corp		1,449,516
	1,037,000		Nan Ya Printed Circuit Board Corp		1,399,806
	2,772,000		Radiant Opto-Electronics Corp		10,893,366
	2,627,000		Shinkong Synthetic Fibers Corp		1,113,906
	341,000		Simplo Technology Co Ltd		2,649,876
	1,014,000		Supreme Electronics Co Ltd		913,949
	545,000		Systex Corp		1,286,169
	1,129,000		Taiwan Styrene Monomer		885,013
	707,000		Tripod Technology Corp		2,350,243
	11,057,000		Unimicron Technology Corp		13,349,065
	1,414,944		USI Corp		541,843
			TOTAL TAIWAN		54,060,220

123

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
THAILAND - 0.9%
	1,100,000		Com7 PCL (Foreign)	$	897,134
	3,415,000		Supalai PCL		2,436,032
	2,282,000		Thanachart Capital PCL		4,360,056
	347,000		Tisco Bank PCL		1,135,377
			TOTAL THAILAND		8,828,599
TURKEY - 1.3%
	840,000	*	Pegasus Hava Tasimaciligi AS.		7,142,504
	1,154,000		Tekfen Holding AS		4,873,228
			TOTAL TURKEY		12,015,732
UKRAINE - 0.6%
	1,690,000		Ferrexpo plc		5,229,188
			TOTAL UKRAINE		5,229,188
UNITED KINGDOM - 12.0%
	240,000		Advanced Medical Solutions Group plc		852,243
	55,000		Bellway plc		1,982,506
	278,000		Brewin Dolphin Holdings plc		1,077,106
	841,000		Britvic plc		9,343,730
	2,101,000		Cineworld Group plc		6,521,981
	147,000		Close Brothers Group plc		2,373,329
	327,000		Dart Group plc		2,999,060
	72,000		Dechra Pharmaceuticals plc		2,571,618
	93,000		Derwent London plc		3,294,386
	178,000	*	Dialog Semiconductor plc		7,967,738
	558,000		Dunelm Group plc		6,273,506
	1,245,000	*	Enterprise Inns plc		4,254,464
	54,000		Fevertree Drinks plc		1,530,826
	323,000	g	Forterra plc		1,097,877
	276,000		Greggs plc		7,480,185
	146,000		HomeServe plc		2,025,852
	409,000		Howden Joinery Group plc		2,747,508
	909,000	g	Ibstock plc		2,551,062
	416,000		National Express Group plc		2,122,746
	319,000	g	On the Beach Group plc		1,831,057
	442,000		Pennon Group plc		3,855,065
	221,000		QinetiQ plc		776,096
	382,857		Redrow plc		2,605,315
	1,125,000	g	Regional REIT Ltd		1,442,432
	800,000		Rightmove plc		5,116,653
	402,000		Safestore Holdings plc		3,055,450
	265,000		Softcat plc		3,076,453
	480,337		SSP Group PLC		4,108,658
	781,000		Tate & Lyle plc		7,152,838
	1,840,347		Tritax Big Box REIT plc		3,420,517
	392,000		Unite Group plc		4,915,781
	95,000		WH Smith plc		2,443,371
			TOTAL UNITED KINGDOM		112,867,409

124

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

SHARES			COMPANY	VALUE
UNITED STATES - 0.6%
	61,000		BRP, Inc (Toronto)	$	2,148,727
	109,000		Burford Capital Ltd		1,984,949
	6,000	e	iShares MSCI EAFE Small-Cap ETF		339,240
	2,500		iShares MSCI Emerging Markets Small-Cap ETF		107,950
	100,000		Sims Group Ltd		740,294
			TOTAL UNITED STATES		5,321,160
			TOTAL COMMON STOCKS		921,661,289
			(Cost $923,661,537)
RIGHTS / WARRANTS - 0.0%
MALAYSIA - 0.0%
	233,613		Sunway BHD		20,381
			TOTAL MALAYSIA		20,381
			TOTAL RIGHTS / WARRANTS		20,381
			(Cost $0)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 5.1%
GOVERNMENT AGENCY DEBT - 1.0%
$	9,340,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		9,340,000
			TOTAL GOVERNMENT AGENCY DEBT						9,340,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.1%
	38,998,083	c	State Street Navigator Securities Lending Government Money Market Portfolio						38,998,083
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						38,998,083
			TOTAL SHORT-TERM INVESTMENTS						48,338,083
			(Cost $48,338,083)
			TOTAL INVESTMENTS - 102.7%						970,019,753
			(Cost $971,999,620)
			OTHER ASSETS & LIABILITIES, NET - (2.7)%						(25,238,228	)
			NET ASSETS - 100.0%					$	944,781,525

	Abbreviation(s):
ADR	American Depositary Receipt
ETF	Exchange Traded Fund
REIT	Real Estate Investment Trust

*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $52,115,663.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $33,544,190 or 3.6% of net assets.

125

TIAA-CREF FUNDS - Quant International Small-Cap Equity Fund

TIAA-CREF FUNDS

QUANT INTERNATIONAL SMALL-CAP EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

				% OF
SECTOR	VALUE			NET ASSETS
INDUSTRIALS	$	179,906,352			19.0	%
REAL ESTATE		123,831,148			13.1
CONSUMER DISCRETIONARY		105,104,173			11.1
INFORMATION TECHNOLOGY		97,540,597			10.3
FINANCIALS		89,300,995			9.5
MATERIALS		88,297,048			9.4
HEALTH CARE		57,587,708			6.1
COMMUNICATION SERVICES		52,458,779			5.6
CONSUMER STAPLES		50,336,776			5.3
UTILITIES		43,010,732			4.6
ENERGY		34,307,362			3.6
SHORT-TERM INVESTMENTS		48,338,083			5.1
OTHER ASSETS & LIABILITIES, NET		(25,238,228	)		(2.7	)
NET ASSETS	$	944,781,525			100.0	%

126

TIAA-CREF FUNDS - Social Choice International Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE INTERNATIONAL EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.7%
AUSTRALIA - 7.4%
	207,973		Alumina Ltd	$	329,713
	87,526		AMP Ltd		106,466
	31,951		APA Group (ASE)		240,653
	15,433		AusNet Services		18,698
	62,804		Australia & New Zealand Banking Group Ltd		1,193,570
	1,358		Australian Stock Exchange Ltd		82,147
	3,456		Bendigo Bank Ltd		27,053
	45,321		BlueScope Steel Ltd		400,009
	19,513		Boral Ltd		68,385
	20,841		Brambles Ltd		186,421
	8,425		Caltex Australia Ltd		154,961
	15,230		Coca-Cola Amatil Ltd		110,230
	528		Cochlear Ltd		79,332
	16,036	*	Coles Group Ltd		155,696
	33,120		Commonwealth Bank of Australia		1,858,747
	7,280		Computershare Ltd		78,422
	8,432		CSL Ltd		1,315,749
	714		Dexus Property Group		6,386
	117,717		Fortescue Metals Group Ltd		662,771
	1,343		GPT Group (ASE)		5,701
	21,795		Insurance Australia Group Ltd		128,367
	12,102		Lend Lease Corp Ltd		119,951
	17,632		Macquarie Goodman Group		178,322
	5,847		Macquarie Group Ltd		511,723
	8,807		Mirvac Group		19,352
	68,331		National Australia Bank Ltd		1,330,799
	35,261		Newcrest Mining Ltd		851,031
	2,654		Orica Ltd		39,540
	10,912		QR National Ltd		42,837
	2,828		Ramsay Health Care Ltd		140,514
	19,893		Santos Ltd		98,016
	2,888		Seek Ltd		41,115
	7,423		Sonic Healthcare Ltd		142,068
	13,104		Stockland Trust Group		40,906
	18,073		Sydney Airport		103,158
	76,149		Telstra Corp Ltd		206,464
	85,963		Transurban Group (ASE)		911,078
	15,828		Wesfarmers Ltd		423,874
	59,464		Westpac Banking Corp		1,166,678
	13,665		Woodside Petroleum Ltd		322,234
	17,099		Woolworths Ltd		416,880
	9,666		WorleyParsons Ltd		105,916
			TOTAL AUSTRALIA		14,421,933

127

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
AUSTRIA - 0.4%
	12,339		OMV AG.	$	617,407
	9,509		Voestalpine AG.		251,032
			TOTAL AUSTRIA		868,439
BELGIUM - 0.6%
	9,267		KBC Groep NV		595,848
	1,996		Solvay S.A.		204,380
	4,172		UCB S.A.		325,318
	3,583	e	Umicore S.A.		112,161
			TOTAL BELGIUM		1,237,707
DENMARK - 1.6%
	1,979		Christian Hansen Holding		172,800
	2,128		Coloplast AS		248,541
	2,230		H Lundbeck AS		85,966
	1,462		ISS AS		41,001
	33,161		Novo Nordisk AS		1,592,369
	2,296		Novozymes AS		106,179
	6,477	g	Orsted AS		590,411
	1,872		Pandora AS		71,758
	798		Tryg A.S.		24,356
	2,983		Vestas Wind Systems AS		244,789
			TOTAL DENMARK		3,178,170
FINLAND - 0.7%
	2,130		Metso Oyj		81,846
	23,713		Neste Oil Oyj		784,812
	1,105		Nokian Renkaat Oyj		31,679
	1,887		Orion Oyj (Class B)		64,555
	10,460		Stora Enso Oyj (R Shares)		120,462
	10,193		UPM-Kymmene Oyj		274,752
	7,768		Wartsila Oyj (B Shares)		97,595
			TOTAL FINLAND		1,455,701
FRANCE - 10.7%
	6,382		Accor S.A.		284,714
	1,625		Aeroports de Paris		279,353
	9,488		Air Liquide		1,309,689
	4,415		Atos Origin S.A.		355,014
	34,089		AXA S.A.		858,642
	6,697		Bouygues S.A.		239,747
	5,807		Cap Gemini S.A.		737,282
	4,495	e	Casino Guichard Perrachon S.A.		166,197
	13,394		CNP Assurances		276,830
	18,420		Compagnie de Saint-Gobain		705,644
	15,337		Danone		1,331,080
	2,238		Eiffage S.A.		221,142
	8,292		Essilor International S.A.		1,122,457
	1,434		Eurazeo		96,229
	999		Gecina S.A.		153,277
	10,865		Groupe Eurotunnel S.A.		156,882
	2,559		Imerys S.A.		107,194

128

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	2,507		JC Decaux S.A.	$	72,179
	1,781		Kering		919,906
	5,387		Legrand S.A.		379,468
	5,616		L’Oreal S.A.		1,502,641
	3,157		Michelin (C.G.D.E.) (Class B)		348,998
	80,296		Natixis		322,012
	31,089		Orange S. A.		460,816
	31,579		Peugeot S.A.		745,359
	12,448		Renault S.A.		696,438
	22,559		Sanofi-Aventis		1,879,883
	14,167		Schneider Electric S.A.		1,222,273
	760		SEB S.A.		121,564
	210		Societe BIC S.A.		14,635
	1,203		Teleperformance		252,494
	44,354		Total S.A.		2,298,876
	863		Unibail-Rodamco-Westfield		115,596
	2,068		Unibail-Rodamco-Westfield (Paris)		277,002
	8,839		Valeo S.A.		275,445
	1,273		Wendel		175,403
	6,066	*,g	Worldline S.A.		433,468
			TOTAL FRANCE		20,915,829
GERMANY - 8.3%
	3,381		Adidas-Salomon AG.		1,077,671
	8,422		Allianz AG.		1,953,979
	21,262		BASF SE		1,411,462
	12,736		Bayerische Motoren Werke AG.		942,220
	2,154		Beiersdorf AG.		249,622
	3,628		Brenntag AG.		177,197
	3,127		Deutsche Boerse AG.		434,098
	17,533		Deutsche Post AG.		570,288
	16,972		Deutsche Wohnen AG.		618,937
	2,094		Fraport AG. Frankfurt Airport Services Worldwide		174,876
	4,384		HeidelbergCement AG.		316,601
	7,507		Henkel KGaA		705,291
	3,803		Henkel KGaA (Preference)		392,146
	1,097		Hochtief AG.		124,310
	774		Hugo Boss AG.		48,646
	7,252		Merck KGaA		739,659
	5,504		Metro Wholesale & Food Specialist AG.		84,662
	2,978		MTU Aero Engines Holding AG.		742,108
	2,694		Muenchener Rueckver AG.		642,001
	1,720		Puma AG. Rudolf Dassler Sport		120,431
	18,445		SAP AG.		2,254,643
	2,980		Sartorius AG.		602,796
	15,908		Siemens AG.		1,731,320
	29,922		Telefonica Deutschland Holding AG.		75,555
	3,339	*,g	Zalando SE		152,748
			TOTAL GERMANY		16,343,267
HONG KONG - 4.3%
	198,517		BOC Hong Kong Holdings Ltd		756,428
	171,893		Hang Lung Properties Ltd		404,648

129

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	34,081		Hang Seng Bank Ltd	$	810,030
	240,485		HKT Trust and HKT Ltd		384,621
	400,895		Hong Kong & China Gas Ltd		885,217
	74,744		Hong Kong Electric Holdings Ltd		534,215
	33,731		Hong Kong Exchanges and Clearing Ltd		1,133,576
	39,056		Hysan Development Co Ltd		186,064
	74,330		Link REIT		864,545
	107,731		MTR Corp		706,982
	264,093		PCCW Ltd		150,613
	106,058		Shangri-La Asia Ltd		129,038
	41,468		Swire Pacific Ltd (Class A)		472,655
	99,400		Swire Properties Ltd		358,923
	93,284		Techtronic Industries Co		693,720
			TOTAL HONG KONG		8,471,275
IRELAND - 0.4%
	13,974		CRH plc		465,060
	3,066		Kerry Group plc (Class A)		357,734
			TOTAL IRELAND		822,794
ISRAEL - 0.6%
	70,681	*	Bank Hapoalim Ltd		534,528
	47,972		Bank Leumi Le-Israel		348,973
	8,351	*	Mizrahi Tefahot Bank Ltd		200,378
			TOTAL ISRAEL		1,083,879
ITALY - 1.9%
	27,511		Assicurazioni Generali S.p.A.		513,089
	468,684		Banca Intesa S.p.A.		1,016,532
	197,399		Enel S.p.A.		1,350,332
	135,838		Snam Rete Gas S.p.A.		666,933
	21,620		Terna Rete Elettrica Nazionale S.p.A.		131,663
			TOTAL ITALY		3,678,549
JAPAN - 23.4%
	15,300		Aeon Co Ltd		264,755
	3,024		AEON Financial Service Co Ltd		48,784
	22,400		Ajinomoto Co, Inc		401,373
	6,537		Alfresa Holdings Corp		157,607
	2,214		All Nippon Airways Co Ltd		74,312
	35,100		Asahi Kasei Corp		357,068
	52,500		Astellas Pharma, Inc		744,024
	2,700		Benesse Holdings Inc		63,193
	1,200		Calbee, Inc		33,854
	2,900		Casio Computer Co Ltd		33,084
	4,081		Central Japan Railway Co		820,332
	45,056		Chubu Electric Power Co, Inc		636,027
	11,355		Chugai Pharmaceutical Co Ltd		812,416
	2,000		CyberAgent, Inc		80,249
	4,927		Dai Nippon Printing Co Ltd		103,342
	1,800		Daifuku Co Ltd		98,448
	5,675		Daikin Industries Ltd		704,363
	21,549		Daiwa House Industry Co Ltd		612,676

130

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES		COMPANY	VALUE
	11,659	Denso Corp	$	494,871
	5,932	East Japan Railway Co		543,816
	8,348	Eisai Co Ltd		451,190
	1,100	Fast Retailing Co Ltd		659,807
	5,172	Fujitsu Ltd		403,615
	6,616	Hankyu Hanshin Holdings, Inc		232,277
	6,011	Hino Motors Ltd		48,222
	3,200	Hitachi Chemical Co Ltd		87,505
	5,200	Hitachi Construction Machinery Co Ltd		121,948
	2,300	Hitachi High-Technologies Corp		115,890
	17,563	Hitachi Metals Ltd		184,646
	45,561	Honda Motor Co Ltd		1,133,581
	4,741	Hulic Co Ltd		40,727
	79,150	Inpex Holdings, Inc		694,174
	11,900	Kajima Corp		153,044
	1,100	Kaneka Corp		40,840
	2,900	Kansai Paint Co Ltd		57,266
	10,400	Kao Corp		759,000
	11,900	Kawasaki Heavy Industries Ltd		258,918
	28,296	KDDI Corp		738,285
	1,500	Keio Corp		92,817
	2,273	Keyence Corp		1,304,358
	10,300	Kikkoman Corp		468,269
	1,465	Kintetsu Corp		69,460
	30,400	Komatsu Ltd		679,756
	8,900	Konica Minolta Holdings, Inc		73,756
	20,172	Kubota Corp		311,164
	5,300	Kuraray Co Ltd		62,682
	8,800	Kyocera Corp		536,336
	9,221	Kyowa Hakko Kogyo Co Ltd		151,971
	6,810	Kyushu Electric Power Co, Inc		67,666
	2,400	Kyushu Railway Co		68,381
	800	Lawson, Inc		39,977
	3,100	Lion Corp		60,855
	1,000	Marui Co Ltd		21,605
	75,179	Mitsubishi Chemical Holdings Corp		533,734
	40,279	Mitsubishi Corp		1,081,583
	21,326	Mitsubishi Estate Co Ltd		392,546
	18,500	Mitsubishi UFJ Lease & Finance Co Ltd		98,035
	3,900	Mitsui Chemicals, Inc		89,183
	15,500	Mitsui Fudosan Co Ltd		349,900
	20,800	Mitsui Trust Holdings, Inc		710,909
	14,800	Murata Manufacturing Co Ltd		677,709
	3,200	Nabtesco Corp		86,206
	11,001	NEC Corp		449,713
	5,600	NGK Insulators Ltd		83,288
	4,000	NGK Spark Plug Co Ltd		76,378
	8,800	Nikon Corp		118,815
	3,104	Nintendo Co Ltd		1,141,939
	1,800	Nippon Express Co Ltd		101,449
	47,554	Nippon Steel Corp		745,035
	7,600	Nippon Yusen Kabushiki Kaisha		126,620
	8,436	Nisshin Seifun Group, Inc		159,426

131

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	2,413		Nissin Food Products Co Ltd	$	149,778
	1,162		Nitori Co Ltd		156,714
	3,000		Nitto Denko Corp		147,750
	6,200		NKSJ Holdings, Inc		256,760
	2,500		Nomura Real Estate Holdings, Inc		50,625
	9,900		Nomura Research Institute Ltd		175,287
	42,512		NTT DoCoMo, Inc		1,019,326
	12,285		Obayashi Corp		116,352
	2,121		Odakyu Electric Railway Co Ltd		47,354
	4,200		Omron Corp		199,821
	12,300		Ono Pharmaceutical Co Ltd		223,161
	7,182		Oriental Land Co Ltd		947,632
	12,200		Osaka Gas Co Ltd		224,121
	3,500		Otsuka Corp		138,012
	46,006		Panasonic Corp		387,930
	34,170		Rakuten, Inc		348,507
	27,529		Recruit Holdings Co Ltd		932,200
	58,100		Resona Holdings, Inc		236,854
	9,000		Santen Pharmaceutical Co Ltd		145,031
	3,801		Secom Co Ltd		297,888
	6,224		Sekisui Chemical Co Ltd		91,997
	9,863	e	Sekisui House Ltd		165,830
	17,708		Sharp Corp		222,104
	4,700		Shimadzu Corp		112,851
	13,068		Shimizu Corp		105,163
	7,400		Shin-Etsu Chemical Co Ltd		753,437
	5,900		Shionogi & Co Ltd		326,654
	10,700		Shiseido Co Ltd		787,355
	6,400		Showa Denko KK		171,695
	33,580		Softbank Group Corp		1,714,533
	400		Sohgo Security Services Co Ltd		19,390
	28,615		Sony Corp		1,627,447
	1,314		Stanley Electric Co Ltd		32,583
	61,400		Sumitomo Chemical Co Ltd		279,997
	13,208		Sumitomo Dainippon Pharma Co Ltd		242,560
	19,471		Sumitomo Metal Mining Co Ltd		553,054
	34,996		Sumitomo Mitsui Financial Group, Inc		1,223,802
	11,700		Suntory Beverage & Food Ltd		464,238
	5,900		Sysmex Corp		428,358
	7,700		T&D Holdings, Inc		86,470
	2,900		Teijin Ltd		50,172
	1,100		Toho Gas Co Ltd		41,827
	10,826		Tokio Marine Holdings, Inc		574,655
	4,800		Tokyo Electron Ltd		812,987
	7,200		Tokyo Gas Co Ltd		179,724
	8,300		Tokyu Corp		145,340
	26,100		Toray Industries, Inc		179,554
	1,824		Toto Ltd		73,035
	1,700		Toyo Suisan Kaisha Ltd		68,362
	1,114		Toyoda Gosei Co Ltd		20,487
	41,095		Toyota Motor Corp		2,655,279
	8,100		Uni-Charm Corp		229,158
	4,169		USS Co Ltd		82,559

132

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES		COMPANY	VALUE
	2,700	West Japan Railway Co	$	221,014
	4,500	Yakult Honsha Co Ltd		253,709
	13,800	Yamada Denki Co Ltd		60,871
	2,470	Yamaha Corp		116,442
	4,486	Yaskawa Electric Corp		148,450
	2,898	Yokogawa Electric Corp		51,865
		TOTAL JAPAN		45,873,161
LUXEMBOURG - 0.4%
	1,644	Millicom International Cellular S.A.		84,460
	7,104	SES Global S.A.		117,647
	39,244	Tenaris S.A.		491,687
		TOTAL LUXEMBOURG		693,794
NETHERLANDS - 2.6%
	44,792	Aegon NV		220,732
	3,491	Akzo Nobel NV		329,391
	7,742	ASML Holding NV		1,725,106
	4,411	DSM NV		546,470
	103,808	ING Groep NV		1,151,827
	46,934	Koninklijke KPN NV		133,830
	17,607	Koninklijke Philips Electronics NV		825,956
	1,766	Koninklijke Vopak NV		87,073
	2,186	Randstad Holdings NV		109,724
		TOTAL NETHERLANDS		5,130,109
NEW ZEALAND - 0.3%
	16,130	Auckland International Airport Ltd		98,265
	5,669	Fisher & Paykel Healthcare Corp		61,105
	18,282	Fletcher Building Ltd		59,421
	43,147	Meridian Energy Ltd		132,804
	12,999	Ryman Healthcare Ltd		109,604
	28,106	Telecom Corp of New Zealand Ltd		73,265
		TOTAL NEW ZEALAND		534,464
NORWAY - 1.3%
	3,380	Aker BP ASA		95,650
	114,260	Norsk Hydro ASA		388,631
	22,874	Orkla ASA		194,559
	22,369	PAN Fish ASA		537,592
	4,269	Schibsted ASA (B Shares)		110,282
	45,682	Statoil ASA		819,091
	15,619	Telenor ASA		316,487
		TOTAL NORWAY		2,462,292
PORTUGAL - 0.4%
	29,601	Energias de Portugal S.A.		108,358
	41,998	Galp Energia SGPS S.A.		653,829
	2,279	Jeronimo Martins SGPS S.A.		36,774
		TOTAL PORTUGAL		798,961

133

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
SINGAPORE - 1.8%
	37,160		Ascendas REIT	$	82,502
	34,400		CapitaCommercial Trust		51,382
	159,523		CapitaLand Ltd		417,921
	52,700		CapitaMall Trust		100,155
	26,000		City Developments Ltd		182,451
	53,491		DBS Group Holdings Ltd		1,019,903
	6,146		Jardine Cycle & Carriage Ltd		150,380
	90,500		Keppel Corp Ltd		418,176
	34,318		Singapore Airlines Ltd		240,267
	83,900		Singapore Press Holdings Ltd		134,150
	214,525		Singapore Telecommunications Ltd		516,212
	32,100		UOL Group Ltd		170,600
			TOTAL SINGAPORE		3,484,099
SOUTH AFRICA - 0.2%
	56,689		Investec plc		322,544
			TOTAL SOUTH AFRICA		322,544
SPAIN - 3.3%
	12,854		Amadeus IT Holding S.A.		1,004,500
	201,375		Banco Bilbao Vizcaya Argentaria S.A.		1,025,343
	16,854		Bankinter S.A.		109,328
	274,514		CaixaBank S.A.		680,369
	5,020		Enagas		109,507
	13,892		Ferrovial S.A.		361,383
	18,273		Gas Natural SDG S.A.		462,871
	134,586		Iberdrola S.A.		1,276,870
	2,821	*	Iberdrola S.A. (Interim)		26,765
	16,938		Industria De Diseno Textil S.A.		506,824
	1,014		Red Electrica Corp S.A.		19,118
	55,091		Repsol YPF S.A.		873,788
			TOTAL SPAIN		6,456,666
SWEDEN - 3.1%
	14,699		Assa Abloy AB		337,153
	11,830		Atlas Copco AB (A Shares)		361,337
	8,858		Atlas Copco AB (B Shares)		241,652
	22,916		Boliden AB		519,673
	3,728		Electrolux AB (Series B)		86,143
	10,809		Essity AB		321,060
	13,379		Hennes & Mauritz AB (B Shares)		233,264
	2,372		Husqvarna AB (B Shares)		21,004
	2,585		ICA Gruppen AB		114,838
	5,764		Investment AB Kinnevik (B Shares)		146,598
	10,878		Investor AB (B Shares)		517,211
	12,071		Lundin Petroleum AB		379,677
	24,383		Sandvik AB		374,172
	46,032		Skandinaviska Enskilda Banken AB (Class A)		432,795
	3,114		Skanska AB (B Shares)		58,142
	6,548		SKF AB (B Shares)		107,405
	56,128		Svenska Handelsbanken AB		505,035
	41,538		Swedbank AB (A Shares)		565,653
	7,200		Tele2 AB (B Shares)		102,883

134

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	34,057		TeliaSonera AB	$	151,508
	34,172		Volvo AB (B Shares)		507,629
			TOTAL SWEDEN		6,084,832
SWITZERLAND - 9.1%
	51,351		ABB Ltd		969,361
	3,348		Adecco S.A.		182,664
	15,157	*	Alcon, Inc		877,736
	182		Barry Callebaut AG.		355,075
	5,996		Clariant AG.		109,565
	16,806		Coca-Cola HBC AG.		578,281
	193		Givaudan S.A.		513,301
	1,245		Kuehne & Nagel International AG.		183,318
	2,543		Lonza Group AG.		871,114
	48,766		Nestle S.A.		5,173,447
	1,262		Phonak Holding AG.		290,205
	12,066		Roche Holding AG.		3,229,647
	120		SGS S.A.		296,336
	2,533		Sika AG.		365,700
	8,866		Swiss Re Ltd		858,555
	405		Swisscom AG.		196,280
	104,428		UBS AG.		1,165,608
	2,720		Vifor Pharma AG.		402,577
	3,167		Zurich Financial Services AG.		1,101,583
			TOTAL SWITZERLAND		17,720,353
UNITED KINGDOM - 15.4%
	54,822		3i Group plc		738,728
	24,021		Associated British Foods plc		706,015
	3,657		AstraZeneca plc		315,942
	40,545		AstraZeneca plc (ADR)		1,760,058
	168,521		Aviva plc		827,373
	71,379		Barratt Developments plc		557,272
	4,806		Berkeley Group Holdings plc		226,040
	76,971		British Land Co plc		475,168
	359,714		BT Group plc		842,577
	8,869		Burberry Group plc		244,552
	56,123		CNH Industrial NV		568,273
	13,336		Coca-Cola European Partners plc (Class A)		737,214
	45,334		Compass Group plc		1,146,973
	5,589		Croda International plc		317,477
	6,511		DCC plc		549,064
	4,188		easyJet plc		49,079
	72,558		Informa plc		768,226
	10,673		InterContinental Hotels Group plc		741,503
	7,419		Intertek Group plc		513,575
	94,003		ITV plc		126,260
	146,443		J Sainsbury plc		349,447
	56,640		John Wood Group plc		364,972
	13,198		Johnson Matthey plc		514,615
	115,792		Kingfisher plc		312,625
	49,298		Land Securities Group plc		477,093
	256,849		Legal & General Group plc		814,544

135

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	11,431		London Stock Exchange Group plc	$	918,044
	65,650		Marks & Spencer Group plc		165,007
	65,090		Meggitt plc		469,712
	58,618	g	Merlin Entertainments plc		320,660
	25,055		Mondi plc		545,843
	102,863		National Grid plc		1,054,270
	2,654		Next plc		195,360
	45,899		Pearson plc		486,041
	64,154		Prudential plc		1,319,919
	51,427		RELX plc (London)		1,219,761
	45,164		RSA Insurance Group plc		307,177
	9,500		Schroders plc		342,700
	56,690		Scottish & Southern Energy plc		755,773
	33,742		Segro plc		313,069
	107,565		Standard Chartered plc		885,228
	180,888		Standard Life Aberdeen plc		656,088
	215,133		Taylor Wimpey plc		421,517
	26,244		Unilever NV		1,521,198
	24,107		United Utilities Group plc		230,403
	108,253		Vodafone Group plc		197,019
	57,369	d	Vodafone Group plc (ADR)		1,039,526
	8,289		Whitbread plc		455,343
	198,422		WM Morrison Supermarkets plc		468,541
	66,389		WPP plc		782,024
			TOTAL UNITED KINGDOM		30,114,888
UNITED STATES - 0.5%
	10,697		Ferguson plc		795,993
	6,716	*	QIAGEN NV (Turquoise)		254,921
			TOTAL UNITED STATES		1,050,914
			TOTAL COMMON STOCKS		193,204,620
			(Cost $191,887,673)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 1.8%
GOVERNMENT AGENCY DEBT - 1.7%
$	3,300,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	3,300,000
			TOTAL GOVERNMENT AGENCY DEBT					3,300,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.1%
	167,607	c	State Street Navigator Securities Lending Government Money Market Portfolio					167,607
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					167,607
			TOTAL SHORT-TERM INVESTMENTS					3,467,607
			(Cost $3,467,607)

136

TIAA-CREF FUNDS - Social Choice International Equity Fund

	VALUE
TOTAL INVESTMENTS - 100.5%	$	196,672,227
(Cost $195,355,280)
OTHER ASSETS & LIABILITIES, NET - (0.5)%		(934,881	)
NET ASSETS - 100.0%	$	195,737,346

	Abbreviation(s):
ADR	American Depositary Receipt
REIT	Real Estate Investment Trust

*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin requirements on open futures contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $417,233.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $1,497,287 or 0.8% of net assets.

Futures contracts outstanding as of July 31, 2019 were as follows:
Description	Number of long (short) contracts	Expiration date	Notional amount		Value	Unrealized appreciation (depreciation)
MSCI EAFE Index	13	09/20/19	$1,236,336	$	1,225,445		$(10,891	)

137

TIAA-CREF FUNDS - Social Choice International Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE INTERNATIONAL EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	36,967,636			18.9	%
INDUSTRIALS		26,972,202			13.8
CONSUMER DISCRETIONARY		22,815,129			11.7
CONSUMER STAPLES		20,706,329			10.6
HEALTH CARE		19,898,587			10.2
MATERIALS		15,706,926			8.0
COMMUNICATION SERVICES		12,223,258			6.2
INFORMATION TECHNOLOGY		11,789,084			6.0
ENERGY		9,618,603			4.9
UTILITIES		8,967,786			4.6
REAL ESTATE		7,539,080			3.8
SHORT-TERM INVESTMENTS		3,467,607			1.8
OTHER ASSETS & LIABILITIES, NET		(934,881	)		(0.5	)
NET ASSETS	$	195,737,346			100.0	%

138

TIAA-CREF FUNDS - Equity Index Fund

TIAA-CREF FUNDS

EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 0.7%
	56,411		Adient plc	$	1,339,761
	119,334	*	American Axle & Manufacturing Holdings, Inc		1,440,361
	184,172		Aptiv plc		16,142,676
	132,692		BorgWarner, Inc		5,015,758
	51,044		Cooper Tire & Rubber Co		1,374,104
	21,867	*	Cooper-Standard Holding, Inc		1,081,979
	102,449		Dana Holding Corp		1,711,923
	21,558	*	Dorman Products, Inc		1,549,589
	2,790,994		Ford Motor Co		26,598,173
	32,053	*	Fox Factory Holding Corp		2,566,804
	888,512		General Motors Co		35,842,574
	186,983		Gentex Corp		5,127,074
	33,579	*	Gentherm, Inc		1,373,717
	145,260		Goodyear Tire & Rubber Co		1,994,420
	118,461		Harley-Davidson, Inc		4,238,534
	19,616		LCI Industries, Inc		1,797,414
	42,756		Lear Corp		5,420,606
	28,052	*	Modine Manufacturing Co		384,873
	11,927	*	Motorcar Parts of America, Inc		213,255
	19,417		Spartan Motors, Inc		233,392
	11,685		Standard Motor Products, Inc		537,627
	30,894	*	Stoneridge, Inc		1,006,218
	48,457		Tenneco, Inc		438,051
	100,652	*,e	Tesla, Inc		24,318,530
	37,172		Thor Industries, Inc		2,215,451
	12,151		Tower International, Inc		374,251
	17,990	*	Visteon Corp		1,185,181
	22,202		Winnebago Industries, Inc		894,741
			TOTAL AUTOMOBILES & COMPONENTS		146,417,037
BANKS - 5.9%
	9,053		1st Source Corp		425,038
	2,914		ACNB Corp		108,692
	6,304	*	Allegiance Bancshares, Inc		211,562
	13,760	*,e	Amerant Bancorp Inc		252,909
	4,388		American National Bankshares, Inc		162,312
	42,299		Ameris Bancorp		1,682,231
	3,366	*	Ames National Corp		91,925
	6,364		Arrow Financial Corp		211,667
	141,772		Associated Banc-Corp		3,072,199
	48,106	*	Atlantic Capital Bancshares, Inc		884,669
	65,534		Atlantic Union Bankshares Corp		2,492,258
	58,558	*	Axos Financial, Inc		1,716,335
	52,790		Banc of California, Inc		825,108

139

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	9,601		Bancfirst Corp	$	560,122
	74,325		BancorpSouth Bank		2,221,574
	4,160		Bank First Corp		240,864
	6,162,697		Bank of America Corp		189,071,544
	8,806		Bank of Commerce Holdings		94,841
	36,335		Bank of Hawaii Corp		3,097,559
	6,504		Bank of Marin Bancorp		284,355
	50,103		Bank of NT Butterfield & Son Ltd		1,574,737
	99,378		Bank OZK		3,038,979
	7,113		BankFinancial Corp		95,385
	78,805		BankUnited		2,711,680
	2,485		Bankwell Financial Group, Inc		69,829
	27,463		Banner Corp		1,627,457
	7,764		Bar Harbor Bankshares		197,128
	6,303	*	Baycom Corp		144,339
	550,520		BB&T Corp		28,368,296
	5,274		BCB Bancorp, Inc		67,665
	37,638		Berkshire Hills Bancorp, Inc		1,234,526
	25,223		BOK Financial Corp		2,110,661
	47,039		Boston Private Financial Holdings, Inc		542,830
	9,958		Bridge Bancorp, Inc		290,873
	40,134		Brookline Bancorp, Inc		595,187
	9,826		Bryn Mawr Bank Corp		364,348
	5,835		Business First Bancshares, Inc		145,525
	42,420	*	Byline Bancorp, Inc		810,646
	1,500		C&F Financial Corp		81,450
	111,048		Cadence BanCorp		1,903,363
	2,224	e	Cambridge Bancorp		173,917
	7,294		Camden National Corp		326,115
	4,137		Capital City Bank Group, Inc		106,817
	85,879		Capitol Federal Financial		1,173,107
	4,450		Capstar Financial Holdings, Inc		72,090
	10,786		Carolina Financial Corp		378,804
	16,128	*,e	Carter Bank & Trust		321,754
	56,443		Cathay General Bancorp		2,100,808
	11,032		CBTX, Inc		332,504
	109,613		Centerstate Banks of Florida, Inc		2,665,788
	16,071		Central Pacific Financial Corp		473,612
	5,526		Central Valley Community Bancorp		114,554
	1,597		Century Bancorp, Inc		133,749
	1,397		Chemung Financial Corp		60,965
	74,696		CIT Group, Inc		3,775,883
	1,656,010		Citigroup, Inc		117,841,672
	4,874		Citizens & Northern Corp		124,872
	332,312		Citizens Financial Group, Inc		12,381,945
	8,184		City Holding Co		633,851
	5,425		Civista Bancshares, Inc		120,272
	7,829		CNB Financial Corp		220,934
	4,116		Codorus Valley Bancorp, Inc		96,314
	53,818		Columbia Banking System, Inc		2,029,477
	69,918	*	Columbia Financial, Inc		1,069,046
	115,801		Comerica, Inc		8,476,633
	79,439		Commerce Bancshares, Inc		4,832,274

140

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	3,521		Commerce Union Bancshares, Inc	$	87,532
	37,110		Community Bank System, Inc		2,448,889
	11,706		Community Bankers Trust Corp		93,180
	2,126		Community Financial Corp		69,159
	8,262		Community Trust Bancorp, Inc		349,400
	16,938		ConnectOne Bancorp, Inc		387,203
	43,370		Cullen/Frost Bankers, Inc		4,117,548
	42,835	*	Customers Bancorp, Inc		883,258
	85,857		CVB Financial Corp		1,889,713
	17,313		Dime Community Bancshares		349,376
	28,606		Eagle Bancorp, Inc		1,153,108
	103,806		East West Bancorp, Inc		4,983,726
	3,450	*	Entegra Financial Corp		102,845
	5,087		Enterprise Bancorp, Inc		155,408
	12,541		Enterprise Financial Services Corp		522,709
	30,454	*	Equity Bancshares, Inc		806,726
	3,904		ESSA Bancorp, Inc		59,926
	72,925	*	Essent Group Ltd		3,366,218
	2,367		Evans Bancorp, Inc		87,721
	4,971	e	Farmers & Merchants Bancorp, Inc		142,369
	11,577		Farmers National Banc Corp		169,140
	7,286		FB Financial Corp		276,941
	5,114		Federal Agricultural Mortgage Corp (Class C)		395,159
	547,147		Fifth Third Bancorp		16,244,794
	8,822		Financial Institutions, Inc		271,629
	16,068		First Bancorp (NC)		593,552
	194,221		First Bancorp (Puerto Rico)		2,089,818
	5,552		First Bancorp, Inc		145,518
	4,496		First Bancshares, Inc		149,312
	22,785		First Busey Corp		615,879
	3,142		First Business Financial Services, Inc		74,874
	6,136		First Citizens Bancshares, Inc (Class A)		2,865,635
	87,439		First Commonwealth Financial Corp		1,204,035
	9,068		First Community Bancshares, Inc		299,879
	10,819		First Defiance Financial Corp		310,722
	70,718		First Financial Bancorp		1,802,602
	96,480		First Financial Bankshares, Inc		3,159,720
	5,725		First Financial Corp		248,522
	3,992		First Financial Northwest, Inc		59,002
	15,407		First Foundation, Inc		231,721
	2,257		First Guaranty Bancshares, Inc		49,315
	99,512		First Hawaiian, Inc		2,662,941
	231,164		First Horizon National Corp		3,791,090
	2,608		First Internet Bancorp		54,977
	15,115		First Interstate Bancsystem, Inc		605,053
	28,163		First Merchants Corp		1,109,904
	5,319		First Mid-Illinois Bancshares, Inc		181,272
	79,039		First Midwest Bancorp, Inc		1,709,614
	4,850		First Northwest Bancorp		77,940
	12,443		First of Long Island Corp		275,239
	122,359		First Republic Bank		12,157,590
	31,141		Flagstar Bancorp, Inc		1,073,742
	15,021		Flushing Financial Corp		305,828

141

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	277,902		FNB Corp	$	3,348,719
	7,225		Franklin Financial Network, Inc		213,138
	124,697		Fulton Financial Corp		2,119,849
	11,282		German American Bancorp, Inc		355,947
	72,085		Glacier Bancorp, Inc		3,021,082
	5,718		Great Southern Bancorp, Inc		342,851
	46,439		Great Western Bancorp, Inc		1,570,567
	1,561		Greene County Bancorp, Inc		43,318
	4,475		Guaranty Bancshares, Inc		137,920
	74,046		Hancock Holding Co		3,074,390
	17,111		Hanmi Financial Corp		367,715
	6,936	*	HarborOne Bancorp, Inc		132,824
	13,818		Heartland Financial USA, Inc		664,508
	19,171		Heritage Commerce Corp		237,145
	16,582		Heritage Financial Corp		472,919
	65,867		Hilltop Holdings, Inc		1,493,864
	667		Hingham Institution for Savings		128,591
	2,720		Home Bancorp, Inc		101,619
	120,128		Home Bancshares, Inc		2,362,918
	15,343	*	HomeStreet, Inc		445,254
	8,155		HomeTrust Bancshares, Inc		213,090
	109,452		Hope Bancorp, Inc		1,614,417
	18,388		Horizon Bancorp		320,319
	4,484	*	Howard Bancorp, Inc		66,767
	709,035		Huntington Bancshares, Inc		10,103,749
	46,494		IBERIABANK Corp		3,653,034
	17,628		Independent Bank Corp (MA)		1,370,753
	42,274		Independent Bank Corp (MI)		919,037
	24,309		Independent Bank Group, Inc		1,380,994
	31,262		International Bancshares Corp		1,176,389
	4,146		Investar Holding Corp		99,960
	200,987		Investors Bancorp, Inc		2,283,212
	2,310,820		JPMorgan Chase & Co		268,055,120
	63,418		Kearny Financial Corp		846,630
	689,639		Keycorp		12,668,668
	25,883		Lakeland Bancorp, Inc		423,964
	14,003		Lakeland Financial Corp		643,998
	4,325		LCNB Corp		77,893
	30,857		LegacyTexas Financial Group, Inc		1,318,828
	6,707	*,e	LendingTree, Inc		2,163,276
	12,400	e	Live Oak Bancshares, Inc		241,428
	97,412		M&T Bank Corp		15,999,921
	12,254		Macatawa Bank Corp		125,971
	3,486	*	Malvern Bancorp, Inc		74,043
	8,871		Mercantile Bank Corp		298,066
	9,591		Merchants Bancorp		171,583
	32,710		Meridian Bancorp, Inc		599,901
	15,144		Meta Financial Group, Inc		467,495
	5,377	*	Metropolitan Bank Holding Corp		225,673
	283,943	*	MGIC Investment Corp		3,648,668
	9,191		Midland States Bancorp, Inc		249,260
	8,841		Midsouth Bancorp, Inc		108,125
	5,843		MidWestOne Financial Group, Inc		181,542

142

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	69,956	*	Mr Cooper Group, Inc	$	532,365
	2,434		MutualFirst Financial, Inc		79,324
	29,891		National Bank Holdings Corp		1,084,445
	2,722		National Bankshares, Inc		99,734
	24,023		NBT Bancorp, Inc		929,690
	346,276		New York Community Bancorp, Inc		3,992,562
	4,841	*	Nicolet Bankshares, Inc		318,102
	33,493	*	NMI Holdings, Inc		833,306
	3,985		Northeast Bank		87,471
	23,045		Northfield Bancorp, Inc		360,654
	3,202		Northrim BanCorp, Inc		124,782
	60,117		Northwest Bancshares, Inc		1,031,007
	3,306		Norwood Financial Corp		114,454
	22,996		OceanFirst Financial Corp		561,102
	56,581		OFG Bancorp		1,280,428
	2,358	e	Ohio Valley Banc Corp		85,029
	4,121		Old Line Bancshares, Inc		116,377
	141,697		Old National Bancorp		2,495,284
	15,107		Old Second Bancorp, Inc		198,506
	12,072		Opus Bank		270,534
	9,484		Origin Bancorp, Inc		330,138
	36,206		Oritani Financial Corp		655,329
	3,392		Orrstown Financial Services, Inc		77,575
	8,412	*	Pacific Mercantile Bancorp		64,941
	36,587		Pacific Premier Bancorp, Inc		1,157,247
	100,415		PacWest Bancorp		3,879,031
	8,096		Park National Corp		765,801
	3,491		Parke Bancorp, Inc		83,679
	10,060		PCSB Financial Corp		195,566
	10,228		Peapack Gladstone Financial Corp		290,782
	1,855		Penns Woods Bancorp, Inc		84,143
	33,152		PennyMac Financial Services, Inc		795,980
	2,432		Peoples Bancorp of North Carolina, Inc		65,956
	7,608		Peoples Bancorp, Inc		246,575
	2,907		Peoples Financial Services Corp		140,641
	288,677		People’s United Financial, Inc		4,740,076
	5,959		People’s Utah Bancorp		180,558
	59,836		Pinnacle Financial Partners, Inc		3,634,439
	322,977		PNC Financial Services Group, Inc		46,153,413
	73,202		Popular, Inc		4,213,507
	7,341		Preferred Bank		397,809
	5,393		Premier Financial Bancorp, Inc		84,239
	54,911		Prosperity Bancshares, Inc		3,810,274
	2,406	*	Provident Bancorp, Inc		66,526
	33,418		Provident Financial Services, Inc		808,047
	4,558		Prudential Bancorp, Inc		83,275
	6,598		QCR Holdings, Inc		252,439
	159,228		Radian Group, Inc		3,630,398
	8,182		RBB Bancorp		164,458
	735,694		Regions Financial Corp		11,719,605
	24,810		Renasant Corp		890,431
	4,080		Republic Bancorp, Inc (Class A)		194,902
	28,579	*	Republic First Bancorp, Inc		124,319

143

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	10,113		Riverview Bancorp, Inc	$	85,961
	19,161		S&T Bancorp, Inc		729,459
	17,948		Sandy Spring Bancorp, Inc		654,025
	24,974	*	Seacoast Banking Corp of Florida		675,297
	28,852		ServisFirst Bancshares, Inc		982,699
	6,457		Shore Bancshares, Inc		105,895
	4,948		Sierra Bancorp		128,994
	36,987		Signature Bank		4,714,363
	51,339		Simmons First National Corp (Class A)		1,321,979
	4,022	*	SmartFinancial, Inc		87,237
	30,627		South State Corp		2,452,304
	2,602	*	Southern First Bancshares, Inc		106,110
	2,640		Southern Missouri Bancorp, Inc		92,004
	5,193		Southern National Bancorp of Virginia, Inc		82,673
	14,973		Southside Bancshares, Inc		518,365
	172,833		Sterling Bancorp/DE		3,776,401
	12,468		Stock Yards Bancorp, Inc		476,901
	5,685		Summit Financial Group, Inc		151,278
	322,115		SunTrust Banks, Inc		21,452,859
	37,652	*	SVB Financial Group		8,734,134
	120,502		Synovus Financial Corp		4,599,561
	53,052	*	TCF Financial Corp		2,230,306
	124,693		TCF Financial Corp		2,665,936
	3,551		Territorial Bancorp, Inc		102,091
	39,697	*	Texas Capital Bancshares, Inc		2,498,132
	42,933		TFS Financial Corp		771,077
	30,786	*	The Bancorp, Inc		298,008
	3,470		Timberland Bancorp, Inc		95,911
	8,586		Tompkins Trustco, Inc		703,794
	35,509		TowneBank		999,223
	30,847		Trico Bancshares		1,164,474
	11,899	*	Tristate Capital Holdings, Inc		249,879
	9,917	*	Triumph Bancorp, Inc		309,510
	138,031		Trustco Bank Corp NY		1,118,051
	55,241		Trustmark Corp		1,963,265
	34,695		UMB Financial Corp		2,368,281
	155,071		Umpqua Holdings Corp		2,707,540
	1,840	e	Union Bankshares, Inc		61,070
	75,942		United Bankshares, Inc		2,854,660
	59,222		United Community Banks, Inc		1,699,671
	25,631		United Community Financial Corp		260,924
	29,189		United Financial Bancorp, Inc (New)		418,570
	7,069		United Security Bancshares		75,780
	4,117		Unity Bancorp, Inc		85,263
	14,041		Univest Corp of Pennsylvania		385,566
	1,047,465		US Bancorp		59,862,625
	241,571		Valley National Bancorp		2,695,932
	20,169		Veritex Holdings, Inc		516,125
	29,173		Walker & Dunlop, Inc		1,701,953
	64,136		Washington Federal, Inc		2,346,095
	8,058		Washington Trust Bancorp, Inc		404,753
	13,159		Waterstone Financial, Inc		222,387
	72,662		Webster Financial Corp		3,705,762

144

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	2,901,364		Wells Fargo & Co	$	140,455,031
	27,389		WesBanco, Inc		1,001,890
	8,275		West Bancorporation, Inc		175,265
	15,693		Westamerica Bancorporation		1,005,921
	82,993	*	Western Alliance Bancorp		4,103,174
	14,297		Western New England Bancorp, Inc		133,534
	41,464		Wintrust Financial Corp		2,966,335
	30,988		WSFS Financial Corp		1,312,962
	129,048		Zions Bancorporation		5,816,193
			TOTAL BANKS		1,254,484,983
CAPITAL GOODS - 6.9%
	400,647		3M Co		70,001,044
	92,122		A.O. Smith Corp		4,186,945
	27,127		Aaon, Inc		1,378,052
	29,134		AAR Corp		1,219,549
	55,008		Actuant Corp (Class A)		1,259,683
	27,596		Acuity Brands, Inc		3,703,935
	25,625		Advanced Drainage Systems, Inc		843,831
	103,118	*	Aecom Technology Corp		3,707,092
	19,957	*	Aegion Corp		376,189
	55,409	*	Aerojet Rocketdyne Holdings, Inc		2,367,072
	17,124	*	Aerovironment, Inc		939,251
	47,272		AGCO Corp		3,639,944
	74,590		Air Lease Corp		3,117,116
	59,494		Aircastle Ltd		1,236,880
	11,318		Alamo Group, Inc		1,107,919
	24,183		Albany International Corp (Class A)		2,079,496
	67,229		Allegion plc		6,960,891
	4,154		Allied Motion Technologies, Inc		164,665
	77,131		Allison Transmission Holdings, Inc		3,544,169
	37,736		Altra Holdings, Inc		1,084,155
	12,897	*	Ameresco, Inc		183,782
	15,949	*	American Woodmark Corp		1,353,273
	160,503		Ametek, Inc		14,382,674
	16,001		Apogee Enterprises, Inc		649,001
	30,024		Applied Industrial Technologies, Inc		1,826,660
	301,257		Arconic, Inc		7,543,475
	29,766		Arcosa, Inc		1,116,225
	21,150		Argan, Inc		870,322
	12,841	*	Armstrong Flooring, Inc		107,351
	35,004		Armstrong World Industries, Inc		3,420,241
	12,100		Astec Industries, Inc		395,549
	12,205	*	Astronics Corp		449,632
	43,228	*	Atkore International Group, Inc		1,179,692
	42,179	*	Axon Enterprise, Inc		2,961,809
	24,471		AZZ, Inc		1,139,859
	41,380		Barnes Group, Inc		2,153,415
	47,463	*	Beacon Roofing Supply, Inc		1,719,584
	39,286	*,e	Bloom Energy Corp		410,539
	8,167	*	Blue Bird Corp		169,220
	26,752	*,e	BlueLinx Holdings, Inc		567,410
	36,729	*	BMC Stock Holdings, Inc		776,818

145

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	379,190		Boeing Co	$	129,372,044
	24,054		Briggs & Stratton Corp		229,235
	113,750	*	Builders FirstSource, Inc		1,954,225
	74,862		BWX Technologies, Inc		4,035,810
	13,421	e	Caesarstone Sdot-Yam Ltd		188,833
	12,384	*	CAI International, Inc		282,355
	41,262		Carlisle Cos, Inc		5,950,393
	397,276		Caterpillar, Inc		52,309,331
	25,000	*	Chart Industries, Inc		1,888,250
	9,071	*	CIRCOR International, Inc		344,698
	51,341	*	Colfax Corp		1,421,119
	12,284		Columbus McKinnon Corp		472,197
	24,677		Comfort Systems USA, Inc		1,036,434
	13,460	*	Commercial Vehicle Group, Inc		109,295
	41,484	*	Continental Building Products, Inc		1,019,677
	58,134	*	Cornerstone Building Brands, Inc		338,340
	34,362		Crane Co		2,876,099
	8,509		CSW Industrials, Inc		600,820
	24,760		Cubic Corp		1,639,112
	109,973		Cummins, Inc		18,035,572
	30,380		Curtiss-Wright Corp		3,855,526
	227,929		Deere & Co		37,756,439
	100,760		Donaldson Co, Inc		5,032,962
	12,144		Douglas Dynamics, Inc		499,118
	102,821		Dover Corp		9,958,214
	6,486	*	Ducommun, Inc		273,385
	9,722	*	DXP Enterprises, Inc		330,062
	18,597	*	Dycom Industries, Inc		1,025,811
	2,789		Eastern Co		70,450
	302,232		Eaton Corp		24,840,448
	40,791		EMCOR Group, Inc		3,442,352
	440,246		Emerson Electric Co		28,563,160
	11,910		Encore Wire Corp		654,097
	16,323	*,e	Energous Corp		66,761
	22,221	*,e	Energy Recovery, Inc		243,987
	31,998		EnerSys		2,179,384
	61,427	*	Enphase Energy, Inc		1,729,170
	12,073		EnPro Industries, Inc		857,666
	22,121		ESCO Technologies, Inc		1,848,431
	1,925	e	EVI Industries, Inc		67,606
	69,617	*	Evoqua Water Technologies Corp		989,954
	390,182		Fastenal Co		12,017,606
	57,306		Federal Signal Corp		1,785,082
	85,924		Flowserve Corp		4,298,778
	89,075		Fluor Corp		2,895,828
	207,359		Fortive Corp		15,769,652
	99,566		Fortune Brands Home & Security, Inc		5,470,156
	6,686	*	Foundation Building Materials, Inc		115,066
	26,548		Franklin Electric Co, Inc		1,244,039
	86,403	*	Gardner Denver Holdings, Inc		2,848,707
	47,078	*	Gates Industrial Corp plc		516,916
	29,558		GATX Corp		2,271,828
	3,177	*	Gencor Industries, Inc		40,539

146

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	45,924	*	Generac Holdings, Inc	$	3,320,305
	180,197		General Dynamics Corp		33,505,830
	6,150,705		General Electric Co		64,274,867
	17,715	*	Gibraltar Industries, Inc		734,110
	22,899	*	GMS, Inc		515,456
	30,567		Gorman-Rupp Co		1,015,436
	119,062		Graco, Inc		5,724,501
	61,615		GrafTech International Ltd		705,492
	4,289		Graham Corp		92,857
	39,572		Granite Construction, Inc		1,404,806
	40,660	*	Great Lakes Dredge & Dock Corp		436,282
	25,581		Greenbrier Cos, Inc		739,547
	16,682		Griffon Corp		272,751
	22,515		H&E Equipment Services, Inc		689,184
	54,147	*	Harsco Corp		1,270,289
	123,215	*	HD Supply Holdings, Inc		4,991,440
	28,889		HEICO Corp		3,950,571
	53,961		HEICO Corp (Class A)		5,686,950
	16,107		Helios Technologies, Inc		756,385
	16,705	*	Herc Holdings, Inc		754,064
	62,218		Hexcel Corp		5,086,944
	47,052		Hillenbrand, Inc		1,585,182
	527,019		Honeywell International, Inc		90,889,697
	36,728		Hubbell, Inc		4,770,233
	30,676		Huntington Ingalls		7,003,331
	2,644		Hurco Cos, Inc		90,398
	6,113		Hyster-Yale Materials Handling, Inc		378,028
	56,373		IDEX Corp		9,483,066
	5,855	*	IES Holdings, Inc		106,034
	232,372		Illinois Tool Works, Inc		35,838,734
	173,306		Ingersoll-Rand plc		21,431,020
	11,105		Insteel Industries, Inc		216,659
	60,695		ITT, Inc		3,788,582
	94,210		Jacobs Engineering Group, Inc		7,773,267
	72,150	*	JELD-WEN Holding, Inc		1,580,806
	23,161		John Bean Technologies Corp		2,748,284
	641,725		Johnson Controls International plc		27,234,809
	6,195		Kadant, Inc		578,985
	23,443		Kaman Corp		1,486,286
	49,400		Kennametal, Inc		1,708,252
	52,787	*	Kratos Defense & Security Solutions, Inc		1,301,200
	159,185	*	L3Harris Technologies, Inc		33,046,806
	1,917	*	Lawson Products, Inc		80,265
	5,409	*	LB Foster Co (Class A)		130,736
	24,395		Lennox International, Inc		6,256,830
	44,382		Lincoln Electric Holdings, Inc		3,751,167
	11,290		Lindsay Corp		1,029,874
	177,441		Lockheed Martin Corp		64,263,807
	19,317		Luxfer Holdings PLC		382,863
	9,749	*	Lydall, Inc		230,076
	53,388	*	Manitowoc Co, Inc		958,315
	197,471		Masco Corp		8,050,893
	17,650	*	Masonite International Corp		940,745

147

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	41,165	*	Mastec, Inc	$	2,112,588
	52,007	e	Maxar Technologies, Inc		382,772
	38,083	*	Mercury Systems, Inc		3,104,526
	54,856	*	Meritor, Inc		1,356,589
	37,781	*	Middleby Corp		5,077,011
	38,926	*	Milacron Holdings Corp		655,514
	6,122		Miller Industries, Inc		191,129
	24,373		Moog, Inc (Class A)		1,985,425
	51,629	*	MRC Global, Inc		807,478
	31,831		MSC Industrial Direct Co (Class A)		2,261,593
	56,321		Mueller Industries, Inc		1,700,331
	102,742		Mueller Water Products, Inc (Class A)		1,044,886
	8,810	*	MYR Group, Inc		318,217
	3,530		National Presto Industries, Inc		324,654
	28,629	*	Navistar International Corp		894,370
	15,855		NN, Inc		130,170
	42,164		Nordson Corp		5,972,952
	112,799		Northrop Grumman Corp		38,979,950
	5,149	*	Northwest Pipe Co		120,281
	104,096	*	NOW, Inc		1,275,176
	4,455	*	NV5 Holdings, Inc		354,039
	124,065		nVent Electric plc		3,075,571
	1,285		Omega Flex, Inc		97,737
	48,448		Oshkosh Truck Corp		4,048,799
	79,055		Owens Corning, Inc		4,585,190
	237,749		PACCAR, Inc		16,675,715
	88,659		Parker-Hannifin Corp		15,522,418
	13,220	*	Parsons Corp		485,306
	14,219	*	Patrick Industries, Inc		652,226
	122,395		Pentair plc		4,750,150
	53,663	*	PGT, Inc		865,048
	202,866	*,e	Plug Power, Inc		448,334
	6,290		Powell Industries, Inc		232,667
	1,077		Preformed Line Products Co		62,218
	22,124		Primoris Services Corp		463,719
	16,647	*	Proto Labs, Inc		1,732,953
	19,158		Quanex Building Products Corp		356,722
	107,199		Quanta Services, Inc		4,011,387
	20,497		Raven Industries, Inc		742,811
	202,203		Raytheon Co		36,859,585
	17,248	*	RBC Bearings, Inc		2,806,077
	33,248		Regal-Beloit Corp		2,647,206
	82,097	*	Resideo Technologies, Inc		1,548,349
	36,879	e	REV Group, Inc		537,327
	82,974	*	Rexnord Corp		2,430,308
	83,406		Rockwell Automation, Inc		13,410,017
	73,340		Roper Industries, Inc		26,670,091
	17,334		Rush Enterprises, Inc (Class A)		652,798
	2,932		Rush Enterprises, Inc (Class B)		115,521
	106,535	*	Sensata Technologies Holding plc		5,052,955
	32,276		Simpson Manufacturing Co, Inc		1,993,366
	33,622	*,e	SiteOne Landscape Supply, Inc		2,483,657
	40,142		Snap-On, Inc		6,126,071

148

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	74,157		Spirit Aerosystems Holdings, Inc (Class A)	$	5,698,224
	38,672	*	SPX Corp		1,349,653
	23,861	*	SPX FLOW, Inc		967,802
	7,239		Standex International Corp		509,408
	107,472		Stanley Black & Decker, Inc		15,861,792
	16,087	*	Sterling Construction Co, Inc		201,409
	73,469	*	Sunrun, Inc		1,399,584
	23,975	*	Teledyne Technologies, Inc		6,983,438
	12,035		Tennant Co		915,984
	47,632		Terex Corp		1,450,394
	16,855	*	Textainer Group Holdings Ltd		163,999
	167,303		Textron, Inc		8,248,038
	22,888	*	Thermon Group Holdings		579,982
	52,367		Timken Co		2,393,696
	29,909		Titan International, Inc		113,056
	10,075	*	Titan Machinery, Inc		208,955
	79,203		Toro Co		5,767,562
	7,869	*	TPI Composites, Inc		201,210
	34,528	*	TransDigm Group, Inc		16,761,272
	45,624	*	Trex Co, Inc		3,729,762
	25,928	*	Trimas Corp		777,581
	86,801		Trinity Industries, Inc		1,701,300
	46,220		Triton International Ltd		1,528,958
	58,488		Triumph Group, Inc		1,417,164
	28,202	*	Tutor Perini Corp		368,318
	4,906	*	Twin Disc, Inc		59,215
	57,713	*	United Rentals, Inc		7,303,580
	580,467		United Technologies Corp		77,550,391
	112,892	*	Univar, Inc		2,497,171
	34,221		Universal Forest Products, Inc		1,383,555
	16,779		Valmont Industries, Inc		2,308,790
	7,781	*	Vectrus, Inc		314,664
	7,165	*	Veritiv Corp		124,814
	10,008	*	Vicor Corp		295,836
	19,540	*,e	Vivint Solar, Inc		161,205
	32,593		W.W. Grainger, Inc		9,485,541
	39,948		Wabash National Corp		632,377
	38,967	*	WABCO Holdings, Inc		5,159,620
	111,202	e	Wabtec Corp		8,638,171
	23,425		Watsco, Inc		3,809,373
	22,424		Watts Water Technologies, Inc (Class A)		2,081,620
	118,218	*	Welbilt, Inc		1,941,140
	37,375	*	Wesco Aircraft Holdings, Inc		393,559
	28,126	*	WESCO International, Inc		1,427,113
	2,164	*	Willis Lease Finance Corp		134,709
	18,162	*	Willscot Corp		289,139
	37,297		Woodward Governor Co		4,178,756
	125,614		Xylem, Inc		10,085,548
			TOTAL CAPITAL GOODS		1,479,747,103
COMMERCIAL & PROFESSIONAL SERVICES - 1.2%
	55,778		ABM Industries, Inc		2,347,696
	33,778	*	Acacia Research (Acacia Technologies)		94,241

149

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	99,433		ACCO Brands Corp	$	972,455
	129,255	e	ADT, Inc		820,769
	48,256	*	Advanced Disposal Services, Inc		1,562,047
	4,343		Barrett Business Services, Inc		380,012
	3,767		BG Staffing, Inc		62,608
	42,167		Brady Corp (Class A)		2,181,299
	49,226	*	BrightView Holdings, Inc		972,706
	32,950		Brink’s Co		2,970,772
	21,586	*	Casella Waste Systems, Inc (Class A)		941,150
	32,525	*	CBIZ, Inc		760,109
	15,922	*	Ceco Environmental Corp		146,960
	15,071	*	Cimpress NV		1,453,598
	61,854		Cintas Corp		16,109,256
	37,804	*	Clean Harbors, Inc		2,941,529
	147,226	*	Copart, Inc		11,414,432
	25,191	*	CoStar Group, Inc		15,502,541
	66,196		Covanta Holding Corp		1,139,895
	4,475		CRA International, Inc		194,304
	27,013		Deluxe Corp		1,205,320
	18,634		Ennis, Inc		378,829
	84,665		Equifax, Inc		11,776,055
	41,740		Exponent, Inc		2,871,712
	4,961		Forrester Research, Inc		234,804
	6,551	*	Franklin Covey Co		239,111
	29,740	*	FTI Consulting, Inc		3,106,343
	5,601	*	GP Strategies Corp		88,944
	49,548	e	Healthcare Services Group		1,184,693
	10,919		Heidrick & Struggles International, Inc		324,294
	8,242	*	Heritage-Crystal Clean, Inc		231,188
	38,812		Herman Miller, Inc		1,759,736
	38,514		HNI Corp		1,318,719
	12,082	*	Huron Consulting Group, Inc		736,640
	88,348	*	IAA, Inc		4,130,269
	10,407		ICF International, Inc		886,572
	278,019	*	IHS Markit Ltd		17,909,984
	27,397	*	Innerworkings, Inc		100,273
	28,270		Insperity, Inc		3,006,514
	35,215		Interface, Inc		488,080
	88,348		KAR Auction Services, Inc		2,362,426
	18,569		Kelly Services, Inc (Class A)		516,775
	12,856		Kforce, Inc		438,261
	17,697		Kimball International, Inc (Class B)		306,866
	26,680		Knoll, Inc		646,990
	34,446		Korn/Ferry International		1,353,039
	39,816		Manpower, Inc		3,637,192
	17,511		Matthews International Corp (Class A)		598,001
	13,638		McGrath RentCorp		928,884
	15,128	*	Mistras Group, Inc		229,340
	25,633		Mobile Mini, Inc		870,497
	23,679		MSA Safety, Inc		2,494,583
	50,568		Navigant Consulting, Inc		1,231,836
	246,437		Nielsen NV		5,707,481
	8,365	*	NL Industries, Inc		42,578

150

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	37,946	*	On Assignment, Inc	$	2,392,495
	182,036		Pitney Bowes, Inc		737,246
	59,629	e	Quad Graphics, Inc		674,404
	156,286		Republic Services, Inc		13,854,754
	15,209		Resources Connection, Inc		267,678
	78,997		Robert Half International, Inc		4,772,209
	103,788		Rollins, Inc		3,480,012
	41,455		RR Donnelley & Sons Co		83,739
	9,805	*	SP Plus Corp		338,567
	82,937		Steelcase, Inc (Class A)		1,402,465
	63,542	*	Stericycle, Inc		2,920,390
	6,434		Systemax, Inc		139,618
	40,398	*	Team, Inc		668,991
	42,001		Tetra Tech, Inc		3,326,479
	132,673		TransUnion		10,983,998
	33,491	*	TriNet Group, Inc		2,462,928
	27,821	*	TrueBlue, Inc		550,021
	12,296		Unifirst Corp		2,420,714
	39,116	*,e	Upwork, Inc		643,067
	12,067		US Ecology, Inc		767,823
	116,378		Verisk Analytics, Inc		17,656,870
	14,492		Viad Corp		1,001,977
	4,765		VSE Corp		142,759
	27,518	*	WageWorks, Inc		1,408,096
	306,274		Waste Management, Inc		35,834,058
	4,929	*	Willdan Group, Inc		172,416
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		245,414,982
CONSUMER DURABLES & APPAREL - 1.3%
	18,049		Acushnet Holdings Corp		461,332
	70,259	*	American Outdoor Brands Corp		677,297
	6,475		Bassett Furniture Industries, Inc		82,750
	54,502	*	Beazer Homes USA, Inc		638,763
	61,550		Brunswick Corp		3,025,798
	81,438		Callaway Golf Co		1,493,573
	98,149	*	Capri Holdings Ltd		3,493,123
	27,293		Carter’s, Inc		2,538,795
	8,835	*	Cavco Industries, Inc		1,566,887
	27,424	*	Century Communities, Inc		756,080
	10,630		Clarus Corp		152,753
	22,670		Columbia Sportswear Co		2,402,567
	47,319	*	CROCS, Inc		1,081,239
	5,513		Culp, Inc		99,069
	18,257	*	Deckers Outdoor Corp		2,853,204
	239,356		DR Horton, Inc		10,993,621
	3,637		Escalade, Inc		41,935
	39,428		Ethan Allen Interiors, Inc		811,428
	4,787		Flexsteel Industries, Inc		87,937
	57,082	*,e	Fossil Group, Inc		630,185
	103,772	*	Garmin Ltd		8,155,441
	40,146	*	G-III Apparel Group Ltd		1,150,584
	74,505	*,e	GoPro, Inc		394,131
	10,917	*	Green Brick Partners, Inc		102,729

151

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	7,083		Hamilton Beach Brands Holding Co	$	116,232
	231,250		Hanesbrands, Inc		3,720,813
	83,133		Hasbro, Inc		10,072,394
	19,259	*	Helen of Troy Ltd		2,855,725
	6,640		Hooker Furniture Corp		138,444
	14,684	*	Installed Building Products, Inc		782,364
	17,311	*,e	iRobot Corp		1,265,434
	3,431		Johnson Outdoors, Inc		233,274
	52,472		KB Home		1,378,439
	32,082	*	Kontoor Brands, Inc		940,965
	45,145		La-Z-Boy, Inc		1,489,334
	89,232		Leggett & Platt, Inc		3,566,603
	9,796		Lennar Corp (B Shares)		372,248
	201,036		Lennar Corp (Class A)		9,563,283
	22,441	*,e	LGI Homes, Inc		1,577,378
	3,744		Lifetime Brands, Inc		33,060
	84,440	*	Lululemon Athletica, Inc		16,135,640
	27,958	*	M/I Homes, Inc		988,874
	11,731	*	Malibu Boats, Inc		353,455
	6,686		Marine Products Corp		107,377
	11,236	*	MasterCraft Boat Holdings, Inc		186,518
	261,109	*,e	Mattel, Inc		3,812,191
	47,716		MDC Holdings, Inc		1,724,456
	24,411	*	Meritage Homes Corp		1,533,255
	44,397	*	Mohawk Industries, Inc		5,535,862
	20,975		Movado Group, Inc		552,272
	2,520		Nacco Industries, Inc (Class A)		133,938
	271,513		Newell Rubbermaid, Inc		3,852,769
	886,669		Nike, Inc (Class B)		76,280,134
	2,169	*	NVR, Inc		7,253,440
	16,346		Oxford Industries, Inc		1,196,364
	37,469		Polaris Industries, Inc		3,547,190
	184,285		Pulte Homes, Inc		5,806,820
	48,150		PVH Corp		4,281,498
	35,866		Ralph Lauren Corp		3,738,313
	58,574	*	Roku, Inc		6,052,451
	96,885	*	Skechers U.S.A., Inc (Class A)		3,675,817
	31,138		Skyline Corp		887,433
	50,941	*	Sonos, Inc		552,710
	70,267		Steven Madden Ltd		2,424,914
	19,029		Sturm Ruger & Co, Inc		1,075,139
	2,932		Superior Uniform Group, Inc		49,903
	187,525		Tapestry, Inc		5,800,148
	96,173	*	Taylor Morrison Home Corp		2,165,816
	26,704	*	Tempur Sealy International, Inc		2,142,195
	87,468		Toll Brothers, Inc		3,146,224
	21,170	*	TopBuild Corp		1,717,522
	133,679	*	TRI Pointe Homes, Inc		1,830,066
	31,231		Tupperware Corp		478,147
	127,929	*	Under Armour, Inc (Class A)		2,951,322
	146,854	*	Under Armour, Inc (Class C)		2,987,010
	14,239	*	Unifi, Inc		266,412
	8,554	*	Universal Electronics, Inc		366,282

152

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	10,709	*	Vera Bradley, Inc	$	125,831
	220,055		VF Corp		19,230,606
	79,959	*	Vista Outdoor, Inc		575,705
	42,863		Whirlpool Corp		6,235,709
	22,600	*	William Lyon Homes, Inc		443,864
	74,976		Wolverine World Wide, Inc		2,035,598
	10,976	*,e	YETI Holdings, Inc		381,526
	16,438	*	Zagg, Inc		108,984
			TOTAL CONSUMER DURABLES & APPAREL		286,524,911
CONSUMER SERVICES - 2.4%
	46,822	*	Adtalem Global Education, Inc		2,217,958
	8,703	*	American Public Education, Inc		287,373
	174,278		ARAMARK Holdings Corp		6,307,121
	39,159		BBX Capital Corp		168,775
	605	*	Biglari Holdings, Inc (B Shares)		54,934
	23,159		BJ’s Restaurants, Inc		919,412
	54,808		Bloomin’ Brands, Inc		933,380
	47,511		Boyd Gaming Corp		1,258,566
	41,433	*	Bright Horizons Family Solutions		6,300,716
	28,632		Brinker International, Inc		1,140,985
	368,611	*	Caesars Entertainment Corp		4,364,354
	40,625	*	Career Education Corp		770,250
	283,717		Carnival Corp		13,399,954
	14,241		Carriage Services, Inc		272,288
	33,199	*	Carrols Restaurant Group, Inc		309,415
	10,670	*	Century Casinos, Inc		105,313
	36,491	e	Cheesecake Factory		1,572,032
	76,949	*	Chegg, Inc		3,456,549
	18,294	*	Chipotle Mexican Grill, Inc (Class A)		14,553,426
	24,733		Choice Hotels International, Inc		2,122,339
	22,830		Churchill Downs, Inc		2,731,610
	9,242	*	Chuy’s Holdings, Inc		218,573
	15,982	e	Cracker Barrel Old Country Store, Inc		2,776,233
	88,274		Darden Restaurants, Inc		10,730,587
	23,509		Dave & Buster’s Entertainment, Inc		955,641
	11,085	*	Del Frisco’s Restaurant Group, Inc		88,237
	17,977	*	Del Taco Restaurants, Inc		217,881
	51,012	*	Denny’s Corp		1,152,361
	9,874		Dine Brands Global Inc.		810,557
	28,465		Domino’s Pizza, Inc		6,960,546
	39,635	*	Drive Shack, Inc		206,895
	53,455		Dunkin Brands Group, Inc		4,284,953
	12,324	*	El Pollo Loco Holdings, Inc		121,268
	52,335	*,e	Eldorado Resorts, Inc		2,361,355
	1,317	*,e	Empire Resorts, Inc		12,867
	138,810		Extended Stay America, Inc		2,320,903
	13,720	*	Fiesta Restaurant Group, Inc		131,026
	59,263	*	frontdoor, Inc		2,704,763
	10,687	*	Golden Entertainment, Inc		149,832
	3,415		Graham Holdings Co		2,536,423
	36,841	*	Grand Canyon Education, Inc		4,007,196
	144,126		H&R Block, Inc		3,990,849

153

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	11,282	*	Habit Restaurants, Inc	$	112,820
	58,810	*	Hilton Grand Vacations, Inc		1,923,087
	205,490		Hilton Worldwide Holdings, Inc		19,840,060
	58,302	*	Houghton Mifflin Harcourt Co		341,067
	27,534		Hyatt Hotels Corp		2,129,755
	68,087	e	International Game Technology plc		908,961
	13,482		International Speedway Corp (Class A)		607,769
	6,138	*	J Alexander’s Holdings, Inc		66,106
	24,202		Jack in the Box, Inc		1,738,430
	42,184	*	K12, Inc		1,259,192
	246,921		Las Vegas Sands Corp		14,923,905
	79,053	*	Laureate Education, Inc		1,295,679
	11,160	*	Lindblad Expeditions Holdings, Inc		210,143
	202,747		Marriott International, Inc (Class A)		28,193,998
	28,808		Marriott Vacations Worldwide Corp		2,945,042
	554,464		McDonald’s Corp		116,836,654
	371,963		MGM Resorts International		11,166,329
	5,998	*	Monarch Casino & Resort, Inc		282,326
	1,517		Nathan’s Famous, Inc		107,115
	10,030	*,e	Noodles & Co		74,322
	152,992	*	Norwegian Cruise Line Holdings Ltd		7,563,925
	32,278	*,e	OneSpaWorld Holdings Ltd		505,474
	15,209	e	Papa John’s International, Inc		675,584
	84,521	*	Penn National Gaming, Inc		1,649,850
	62,826	*	Planet Fitness, Inc		4,941,893
	12,084	*	PlayAGS, Inc		226,696
	17,426	*	Potbelly Corp		72,492
	4,928		RCI Hospitality Holdings, Inc		83,530
	7,293	*	Red Lion Hotels Corp		49,519
	17,963	*	Red Robin Gourmet Burgers, Inc		593,138
	42,685		Red Rock Resorts, Inc		889,555
	27,918	*	Regis Corp		510,899
	120,541		Royal Caribbean Cruises Ltd		14,023,740
	16,648		Ruth’s Chris Steak House, Inc		370,751
	62,348	*	Scientific Games Corp (Class A)		1,275,017
	38,900	*	SeaWorld Entertainment, Inc		1,189,173
	118,252		Service Corp International		5,456,147
	98,902	*	ServiceMaster Global Holdings, Inc		5,264,553
	21,242	*	Shake Shack, Inc		1,585,928
	52,487		Six Flags Entertainment Corp		2,772,888
	21,560	*,e	Sotheby’s (Class A)		1,287,348
	9,924		Speedway Motorsports, Inc		196,495
	862,451		Starbucks Corp		81,665,485
	15,916		Strategic Education, Inc		2,832,889
	23,473	*,e	Target Hospitality Corp		199,521
	45,694		Texas Roadhouse, Inc (Class A)		2,523,680
	14,842	e	Twin River Worldwide Holdings Inc		391,680
	28,660		Vail Resorts, Inc		7,065,263
	24,802	*	Weight Watchers International, Inc		536,963
	105,194		Wendy’s		1,913,479
	23,960		Wingstop, Inc		2,290,336
	58,946		Wyndham Destinations, Inc		2,773,999
	70,289		Wyndham Hotels & Resorts, Inc		3,974,843

154

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	68,819		Wynn Resorts Ltd	$	8,951,287
	259,093		Yum China Holdings, Inc		11,788,732
	220,099		Yum! Brands, Inc		24,765,540
			TOTAL CONSUMER SERVICES		517,806,748
DIVERSIFIED FINANCIALS - 3.7%
	35,099		Affiliated Managers Group, Inc		3,011,143
	19,156		AG Mortgage Investment Trust		313,392
	356,406		AGNC Investment Corp		6,108,799
	285,187		Ally Financial, Inc		9,385,504
	495,091		American Express Co		61,574,468
	97,743		Ameriprise Financial, Inc		14,222,584
	974,714		Annaly Capital Management, Inc		9,308,519
	92,233		Anworth Mortgage Asset Corp		355,097
	91,476		Apollo Commercial Real Estate Finance, Inc		1,721,578
	18,424		Ares Commercial Real Estate Corp		279,492
	45,717		Ares Management Corp		1,337,222
	25,578	e	Arlington Asset Investment Corp (Class A)		168,303
	59,834	*	ARMOUR Residential REIT, Inc		1,069,234
	25,768		Artisan Partners Asset Management, Inc		762,475
	2,450	e	Associated Capital Group, Inc		91,556
	210,308		AXA Equitable Holdings, Inc		4,727,724
	12,562		B. Riley Financial, Inc		236,919
	16,791		Banco Latinoamericano de Exportaciones S.A. (Class E)		352,947
	609,921		Bank of New York Mellon Corp		28,617,493
	160,055		BGC Partners, Inc (Class A)		881,903
	84,828		BlackRock, Inc		39,672,359
	75,537		Blackstone Mortgage Trust, Inc		2,683,074
	39,851	*	Blucora, Inc		1,193,139
	76,771		Brightsphere Investment Group, Inc		821,450
	63,923	*	Cannae Holdings, Inc		1,850,571
	334,136		Capital One Financial Corp		30,880,849
	51,594		Capstead Mortgage Corp		434,937
	80,399		CBOE Holdings, Inc		8,788,415
	859,213		Charles Schwab Corp		37,135,186
	47,113		Cherry Hill Mortgage Investment Corp		729,780
	138,953		Chimera Investment Corp		2,679,014
	255,325		CME Group, Inc		49,640,286
	25,360		Cohen & Steers, Inc		1,328,103
	79,651		Colony Credit Real Estate, Inc		1,290,346
	15,293	*	Cowen Group, Inc		268,545
	7,887	*	Credit Acceptance Corp		3,770,223
	6,319	*	Curo Group Holdings Corp		78,482
	2,676		Diamond Hill Investment Group, Inc		377,182
	236,354		Discover Financial Services		21,210,408
	18,466	*	Donnelley Financial Solutions, Inc		251,692
	16,169		Dynex Capital, Inc		263,555
	166,609		E*TRADE Financial Corp		8,128,853
	78,465		Eaton Vance Corp		3,491,693
	26,365	*	Elevate Credit, Inc		109,678
	19,385		Ellington Financial Inc		338,850
	13,602	*,e	Encore Capital Group, Inc		489,400
	20,051	*	Enova International, Inc		540,374

155

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	24,561		Evercore Partners, Inc (Class A)	$	2,121,334
	25,385		Exantas Capital Corp		284,058
	27,938	*	Ezcorp, Inc (Class A)		275,189
	25,551		Factset Research Systems, Inc		7,085,292
	76,506		Federated Investors, Inc (Class B)		2,658,584
	152,235		FGL Holdings		1,240,715
	32,718		FirstCash, Inc		3,292,740
	10,557	*	Focus Financial Partners, Inc		294,646
	217,001		Franklin Resources, Inc		7,080,743
	20,991	e	Gain Capital Holdings, Inc		89,422
	2,450		GAMCO Investors, Inc (Class A)		49,735
	235,773		Goldman Sachs Group, Inc		51,900,710
	53,217		Granite Point Mortgage Trust, Inc		1,016,445
	8,685		Great Ajax Corp		120,808
	35,493	*	Green Dot Corp		1,799,140
	22,909		Greenhill & Co, Inc		380,289
	7,544		Hamilton Lane, Inc		442,833
	27,890		Houlihan Lokey, Inc		1,282,940
	52,337		Interactive Brokers Group, Inc (Class A)		2,682,795
	400,994		IntercontinentalExchange Group, Inc		35,231,333
	10,594	*	INTL FCStone, Inc		432,023
	282,214		Invesco Ltd		5,415,687
	98,104		Invesco Mortgage Capital, Inc		1,616,754
	117,106		Janus Henderson Group plc		2,350,317
	185,369		Jefferies Financial Group, Inc		3,953,921
	32,622		KKR Real Estate Finance Trust, Inc		653,419
	77,355		Ladder Capital Corp		1,301,885
	67,587		Ladenburg Thalmann Financial Services, Inc		208,844
	77,803		Lazard Ltd (Class A)		3,011,754
	48,355		Legg Mason, Inc		1,821,049
	43,832	*	LendingClub Corp		647,837
	61,306		LPL Financial Holdings, Inc		5,141,734
	25,594		MarketAxess Holdings, Inc		8,626,202
	3,189		Marlin Business Services Corp		74,017
	363,947		MFA Mortgage Investments, Inc		2,613,139
	36,381		Moelis & Co		1,325,724
	118,240		Moody’s Corp		25,343,562
	852,720		Morgan Stanley		37,997,203
	13,003		Morningstar, Inc		1,976,196
	58,626		MSCI, Inc (Class A)		13,322,172
	84,190		NASDAQ OMX Group, Inc		8,113,390
	158,729		Navient Corp		2,246,015
	11,109		Nelnet, Inc (Class A)		694,979
	273,971		New Residential Investment Corp		4,298,605
	60,343		New York Mortgage Trust, Inc		368,696
	17,297	*	NewStar Financial, Inc		4,489
	144,401		Northern Trust Corp		14,151,298
	11,965		Och-Ziff Capital Management Group LLC		278,545
	32,979	*	On Deck Capital, Inc		118,065
	59,602		OneMain Holdings, Inc		2,470,503
	5,009		Oppenheimer Holdings, Inc		145,962
	41,882		Orchid Island Capital, Inc		259,250
	37,535		PennyMac Mortgage Investment Trust		826,896

156

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	12,064		Pico Holdings, Inc	$	121,726
	15,025		Piper Jaffray Cos		1,161,433
	20,764		PJT Partners, Inc		875,410
	26,014	*	PRA Group, Inc		809,816
	8,894		Pzena Investment Management, Inc (Class A)		72,397
	87,432		Raymond James Financial, Inc		7,053,139
	11,425		Ready Capital Corp		175,602
	91,419		Redwood Trust, Inc		1,546,809
	5,910	*	Regional Management Corp		142,608
	177,942		S&P Global, Inc		43,586,893
	15,419	*	Safeguard Scientifics, Inc		180,094
	101,353		Santander Consumer USA Holdings, Inc		2,727,409
	97,370		SEI Investments Co		5,802,278
	3,406		Silvercrest Asset Management Group, Inc		48,808
	291,155		SLM Corp		2,652,422
	175,214		Starwood Property Trust, Inc		4,070,221
	271,991		State Street Corp		15,799,957
	52,897		Stifel Financial Corp		3,163,770
	492,725		Synchrony Financial		17,678,973
	168,643		T Rowe Price Group, Inc		19,122,430
	197,912		TD Ameritrade Holding Corp		10,113,303
	14,837		TPG RE Finance Trust, Inc		293,031
	183,272		Two Harbors Investment Corp		2,466,841
	46,547		Virtu Financial, Inc		1,009,139
	3,892		Virtus Investment Partners, Inc		417,067
	107,581		Voya Financial, Inc		6,042,825
	46,753		Waddell & Reed Financial, Inc (Class A)		818,178
	24,220		Western Asset Mortgage Capital Corp		246,075
	5,515		Westwood Holdings Group, Inc		172,620
	65,487		WisdomTree Investments, Inc		406,019
	3,309	*	World Acceptance Corp		419,350
			TOTAL DIVERSIFIED FINANCIALS		783,309,322
ENERGY - 4.5%
	98,619	*	Abraxas Petroleum Corp		85,838
	359,437		Anadarko Petroleum Corp		26,476,129
	161,291	e	Antero Midstream Corp		1,470,974
	159,817	*	Antero Resources Corp		736,756
	256,837		Apache Corp		6,271,960
	62,566	*	Apergy Corp		2,035,272
	12,389		Arch Coal, Inc		1,104,603
	86,405		Archrock, Inc		948,727
	17,293	*	Ardmore Shipping Corp		126,931
	355,241		Baker Hughes a GE Co		9,019,569
	35,807		Berry Petroleum Co LLC		350,909
	12,844	*	Bonanza Creek Energy, Inc		279,999
	11,462	*	Brigham Minerals, Inc		245,860
	44,701	*	C&J Energy Services, Inc		489,029
	312,867		Cabot Oil & Gas Corp		5,994,532
	30,783	*	Cactus, Inc		904,097
	19,775	*,e	California Resources Corp		302,755
	129,423	*,e	Callon Petroleum Co		636,761
	80,848	*,e	Carrizo Oil & Gas, Inc		770,481

157

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	158,201	*	Centennial Resource Development, Inc	$	941,296
	159,895	*	Cheniere Energy, Inc		10,417,159
	726,489	*,e	Chesapeake Energy Corp		1,314,945
	1,372,098		Chevron Corp		168,918,985
	68,600		Cimarex Energy Co		3,475,962
	70,718	*	Clean Energy Fuels Corp		188,817
	131,805	*	CNX Resources Corp		1,083,437
	142,267		Concho Resources, Inc		13,896,641
	820,443		ConocoPhillips		48,471,772
	29,581	*	CONSOL Energy, Inc		635,696
	63,518	*	Continental Resources, Inc		2,360,964
	13,475	*	Contura Energy Inc		482,809
	18,547	*,e	Covia Holdings Corp		32,272
	9,366		CVR Energy, Inc		497,054
	52,925		Delek US Holdings, Inc		2,280,009
	471,080	*,e	Denbury Resources, Inc		532,320
	296,118	*	Devon Energy Corp		7,995,186
	51,733		DHT Holdings, Inc		292,291
	38,426	*,e	Diamond Offshore Drilling, Inc		347,371
	117,537		Diamondback Energy, Inc		12,156,852
	14,449		DMC Global, Inc		754,816
	14,063	*	Dorian LPG Ltd		128,676
	21,805	*	Dril-Quip, Inc		1,147,379
	10,934	*	Earthstone Energy, Inc		47,891
	61,062	*,e	Energy Fuels, Inc		111,133
	413,547		EOG Resources, Inc		35,503,010
	199,464		EQT Corp		3,013,901
	160,200		Equitrans Midstream Corp		2,657,718
	14,195	*	Era Group, Inc		146,492
	18,488		Evolution Petroleum Corp		112,777
	18,645	*	Exterran Corp		254,504
	137,437	*,e	Extraction Oil & Gas, Inc		509,891
	3,044,246	d	Exxon Mobil Corp		226,370,132
	27,602	e	Falcon Minerals Corp		218,332
	152,912	*	Forum Energy Technologies, Inc		400,629
	29,896	*	Frank’s International NV		170,407
	58,721	*	FTS International, Inc		233,122
	30,698		GasLog Ltd		437,140
	55,223		Golar LNG Ltd		935,478
	53,948		Green Plains Renewable Energy, Inc		544,335
	151,931	*	Gulfport Energy Corp		574,299
	7,725		Hallador Energy Co		41,406
	596,672		Halliburton Co		13,723,456
	91,452	*	Helix Energy Solutions Group, Inc		801,120
	81,175		Helmerich & Payne, Inc		4,032,774
	192,190		Hess Corp		12,461,600
	71,409	*	HighPoint Resources Corp		89,261
	102,198		HollyFrontier Corp		5,086,394
	25,299	*	Independence Contract Drilling, Inc		33,395
	15,991	*	International Seaways, Inc		272,007
	330	*	Isramco, Inc		39,669
	71,467	*,e	Jagged Peak Energy, Inc		524,568
	31,781	*	Keane Group, Inc		199,903

158

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,377,140		Kinder Morgan, Inc	$	28,396,627
	29,441	*	KLX Energy Services Holdings, Inc		462,813
	192,581		Kosmos Energy Ltd		1,157,412
	290,729	*	Laredo Petroleum Holdings, Inc		965,220
	25,902	e	Liberty Oilfield Services, Inc		366,513
	72,043	*	Magnolia Oil & Gas Corp		805,441
	4,924		Mammoth Energy Services, Inc		31,908
	552,031		Marathon Oil Corp		7,767,076
	467,326		Marathon Petroleum Corp		26,352,513
	62,707	*	Matador Resources Co		1,105,524
	14,345	*	Matrix Service Co		263,518
	176,366	*	McDermott International, Inc		1,132,270
	5,842	*	Midstates Petroleum Co, Inc		26,581
	3,782	*,e	Montage Resources Corp		12,632
	101,158		Murphy Oil Corp		2,431,838
	287,438		Nabors Industries Ltd		850,816
	256,310		National Oilwell Varco, Inc		6,105,304
	6,426	*	Natural Gas Services Group, Inc		103,073
	6,147	*	NCS Multistage Holdings, Inc		19,732
	50,833	*	Newpark Resources, Inc		387,856
	19,146	*	Nine Energy Service, Inc		246,409
	468,553	*	Noble Corp plc		1,044,873
	316,714		Noble Energy, Inc		6,993,045
	59,980	e	Nordic American Tanker Shipping		121,160
	78,509	*	Northern Oil And Gas, Inc		127,185
	285,503	*	Oasis Petroleum, Inc		1,390,400
	538,317		Occidental Petroleum Corp		27,647,961
	56,126	*	Oceaneering International, Inc		867,147
	37,144	*	Oil States International, Inc		554,188
	297,840		ONEOK, Inc		20,872,627
	25,842	*	Overseas Shipholding Group, Inc		50,392
	21,255	*	Pacific Drilling SA		199,797
	9,875		Panhandle Oil and Gas, Inc (Class A)		116,624
	47,820	*	Par Pacific Holdings, Inc		1,102,729
	190,516	*	Parsley Energy, Inc		3,160,660
	134,449		Patterson-UTI Energy, Inc		1,563,642
	84,347		PBF Energy, Inc		2,355,812
	40,863	*	PDC Energy, Inc		1,173,994
	49,634		Peabody Energy Corp		1,045,292
	8,042	*	Penn Virginia Corp		275,358
	324,866		Phillips 66		33,318,257
	118,662		Pioneer Natural Resources Co		16,380,102
	41,906	*	ProPetro Holding Corp		759,756
	229,802	*	Questar Market Resources, Inc		1,137,520
	210,113	e	Range Resources Corp		1,195,543
	23,028	*	Renewable Energy Group, Inc		312,951
	3,133	*	Rex American Resources Corp		233,722
	9,218	*	RigNet, Inc		80,473
	61,419	*	Ring Energy, Inc		150,477
	34,279	e	RPC, Inc		211,844
	21,991	*	SandRidge Energy, Inc		148,439
	994,131		Schlumberger Ltd		39,735,416
	45,437		Scorpio Tankers, Inc		1,190,904

159

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	19,352	*	SEACOR Holdings, Inc	$	921,929
	8,251	*	SEACOR Marine Holdings, Inc		116,174
	51,332	*	Select Energy Services, Inc		522,046
	84,693		SemGroup Corp		1,073,060
	89,233		Ship Finance International Ltd		1,173,414
	3,507	*	SilverBow Resources, Inc		36,438
	70,325		SM Energy Co		701,140
	15,317	*,e	Smart Sand, Inc		35,995
	51,656		Solaris Oilfield Infrastructure, Inc		739,197
	372,511	*	Southwestern Energy Co		819,524
	269,860	*	SRC Energy, Inc		1,101,029
	325,863	*	Superior Energy Services		295,623
	11,179	*	Talos Energy, Inc		230,064
	150,350		Targa Resources Investments, Inc		5,850,119
	32,401	e	Teekay Corp		147,749
	105,010		Teekay Tankers Ltd (Class A)		129,162
	110,593	*,e	Tellurian, Inc		682,359
	74,342	*	Tetra Technologies, Inc		115,974
	14,809	*	Tidewater, Inc		340,459
	330,316	*	Transocean Ltd (NYSE)		2,008,321
	36,658	*	Unit Corp		238,277
	75,588	*,e	Uranium Energy Corp		74,862
	84,372	e	US Silica Holdings, Inc		1,169,396
	301,041		Valero Energy Corp		25,663,745
	62,041	*	W&T Offshore, Inc		278,564
	91,912	*,e	Whiting Petroleum Corp		1,625,004
	851,020		Williams Cos, Inc		20,969,133
	62,394		World Fuel Services Corp		2,435,862
	300,068	*	WPX Energy, Inc		3,132,710
			TOTAL ENERGY		963,287,330
FOOD & STAPLES RETAILING - 1.3%
	15,325		Andersons, Inc		411,476
	23,087		Casey’s General Stores, Inc		3,738,016
	10,609	*	Chefs’ Warehouse Holdings, Inc		386,910
	315,682		Costco Wholesale Corp		87,011,430
	8,756		Ingles Markets, Inc (Class A)		275,639
	566,401		Kroger Co		11,985,045
	10,727	*	Natural Grocers by Vitamin C		98,367
	71,924	*	Performance Food Group Co		3,153,867
	14,066		Pricesmart, Inc		858,026
	91,332	*,e	Rite Aid Corp		636,584
	22,179		Spartan Stores, Inc		262,156
	94,195	*	Sprouts Farmers Market, Inc		1,594,721
	339,073		Sysco Corp		23,250,236
	58,226	*	United Natural Foods, Inc		574,108
	146,623	*	US Foods Holding Corp		5,186,056
	4,388		Village Super Market (Class A)		109,832
	552,752		Walgreens Boots Alliance, Inc		30,119,457
	1,013,399		Walmart, Inc		111,858,981
	8,321		Weis Markets, Inc		303,300
			TOTAL FOOD & STAPLES RETAILING		281,814,207

160

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
FOOD, BEVERAGE & TOBACCO - 3.5%
	72,443	*,e	22nd Century Group, Inc	$	115,184
	1,515		Alico, Inc		48,328
	1,349,613		Altria Group, Inc		63,526,284
	395,431		Archer Daniels Midland Co		16,244,305
	58,108	e	B&G Foods, Inc (Class A)		1,062,214
	6,927	*,e	Beyond Meat, Inc		1,361,225
	5,117	*	Boston Beer Co, Inc (Class A)		2,007,501
	35,445		Brown-Forman Corp (Class A)		1,891,345
	122,873		Brown-Forman Corp (Class B)		6,734,669
	100,045		Bunge Ltd		5,845,629
	14,630		Calavo Growers, Inc		1,293,877
	29,725		Cal-Maine Foods, Inc		1,182,163
	124,432		Campbell Soup Co		5,144,019
	4,574		Coca-Cola Bottling Co Consolidated		1,342,606
	2,763,725		Coca-Cola Co		145,454,847
	342,509		ConAgra Brands, Inc		9,888,235
	113,451		Constellation Brands, Inc (Class A)		22,329,426
	8,095	*	Craft Brewers Alliance, Inc		127,172
	119,696	*	Darling International, Inc		2,433,420
	99,683		Dean Foods Co		144,540
	6,646	*	Farmer Bros Co		107,931
	151,081		Flowers Foods, Inc		3,580,620
	21,115		Fresh Del Monte Produce, Inc		640,418
	13,444	*	Freshpet, Inc		606,997
	421,372		General Mills, Inc		22,379,067
	62,127	*	Hain Celestial Group, Inc		1,352,505
	103,358		Hershey Co		15,683,543
	184,393	e	Hormel Foods Corp		7,558,269
	60,532	*	Hostess Brands, Inc		854,712
	46,039		Ingredion, Inc		3,558,354
	13,534		J&J Snack Foods Corp		2,515,159
	77,746		J.M. Smucker Co		8,644,578
	5,079		John B. Sanfilippo & Son, Inc		441,416
	166,958		Kellogg Co		9,720,295
	125,943		Keurig Dr Pepper, Inc		3,544,036
	446,752		Kraft Heinz Co		14,300,532
	101,802		Lamb Weston Holdings, Inc		6,832,950
	16,159		Lancaster Colony Corp		2,517,895
	14,640	*	Landec Corp		163,529
	10,216		Limoneira Co		202,175
	86,589		McCormick & Co, Inc		13,727,820
	7,667	e	MGP Ingredients, Inc		383,273
	116,597		Molson Coors Brewing Co (Class B)		6,295,072
	1,026,567		Mondelez International, Inc		54,911,069
	280,017	*	Monster Beverage Corp		18,052,696
	13,534	e	National Beverage Corp		589,135
	51,590	*,e	New Age Beverages Corp		192,947
	1,008,336		PepsiCo, Inc		128,875,424
	1,115,168		Philip Morris International, Inc		93,239,196
	57,747	*	Pilgrim’s Pride Corp		1,562,634
	45,933	*	Post Holdings, Inc		4,924,936
	24,294	*	Primo Water Corp		358,822

161

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	21,673	*,e	Pyxus International, Inc	$	309,274
	12,701		Sanderson Farms, Inc		1,664,085
	208		Seaboard Corp		848,981
	4,092	*	Seneca Foods Corp		129,225
	62,229	*	Simply Good Foods Co		1,694,496
	17,191	e	Tootsie Roll Industries, Inc		642,256
	41,423	*	TreeHouse Foods, Inc		2,458,041
	2,699	e	Turning Point Brands, Inc		100,214
	206,538		Tyson Foods, Inc (Class A)		16,419,771
	25,766		Universal Corp		1,533,077
	103,921		Vector Group Ltd		1,200,288
			TOTAL FOOD, BEVERAGE & TOBACCO		743,494,702
HEALTH CARE EQUIPMENT & SERVICES - 6.2%
	1,239,619		Abbott Laboratories		107,970,815
	31,724	*	Abiomed, Inc		8,837,037
	61,947	*	Acadia Healthcare Co, Inc		1,978,587
	77,257	*	Accuray, Inc		319,844
	4,902	*	Addus HomeCare Corp		395,052
	55,770	*	Align Technology, Inc		11,660,392
	103,626	*	Allscripts Healthcare Solutions, Inc		1,067,348
	21,812	*	Amedisys, Inc		3,007,657
	7,363	*	American Renal Associates Holdings, Inc		56,695
	113,139		AmerisourceBergen Corp		9,860,064
	42,001	*	AMN Healthcare Services, Inc		2,242,013
	21,854	*	Angiodynamics, Inc		445,385
	77,964	*,e	Antares Pharma, Inc		248,705
	185,776		Anthem, Inc		54,731,467
	15,363	*,e	Apollo Medical Holdings, Inc		235,054
	18,566	*	AtriCure, Inc		595,597
	895		Atrion Corp		688,702
	42,404	*	Avanos Medical, Inc		1,726,691
	48,972	*	AxoGen, Inc		880,517
	10,982	*,e	Axonics Modulation Technologies, Inc		403,039
	345,395		Baxter International, Inc		29,002,818
	189,535		Becton Dickinson & Co		47,914,448
	66,882	*	BioScrip, Inc		189,276
	74,283	*,e	BioSig Technologies Inc		557,865
	23,156	*	BioTelemetry, Inc		1,087,174
	987,590	*	Boston Scientific Corp		41,933,071
	119,686	*	Brookdale Senior Living, Inc		932,354
	26,893		Cantel Medical Corp		2,481,686
	209,453		Cardinal Health, Inc		9,578,286
	33,385	*	Cardiovascular Systems, Inc		1,530,035
	40,860	*	Castlight Health, Inc		65,785
	287,999	*	Centene Corp		15,001,868
	232,115		Cerner Corp		16,631,040
	65,503	*	Cerus Corp		383,193
	10,737		Chemed Corp		4,352,672
	265,517		Cigna Corp		45,116,649
	6,695		Computer Programs & Systems, Inc		172,798
	168,061	*,e	ConforMIS, Inc		463,848
	22,398		Conmed Corp		1,956,465

162

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	33,940		Cooper Cos, Inc	$	11,451,356
	209,939	*,e	Corindus Vascular Robotics, Inc		531,146
	6,367	*	Corvel Corp		542,468
	69,303	*	Covetrus, Inc		1,640,402
	21,782	*	Cross Country Healthcare, Inc		206,711
	17,940	*	CryoLife, Inc		517,031
	15,737	*,e	CryoPort, Inc		322,136
	7,473	*	Cutera, Inc		191,010
	929,985		CVS Health Corp		51,958,262
	18,074	*,e	CytoSorbents Corp		126,879
	457,068		Danaher Corp		64,218,054
	85,619	*	DaVita, Inc		5,124,297
	153,876		Dentsply Sirona, Inc		8,378,548
	60,482	*	DexCom, Inc		9,487,811
	34,395	*	Diplomat Pharmacy, Inc		181,262
	150,326	*	Edwards Lifesciences Corp		31,996,889
	67,146		Encompass Health Corp		4,286,601
	44,051		Ensign Group, Inc		2,654,513
	25,112	*	Enzo Biochem, Inc		98,188
	84,675	*	Evolent Health, Inc		577,483
	27,674	*	Genesis Health Care, Inc		32,379
	28,490	*	GenMark Diagnostics, Inc		178,347
	29,323	*	Glaukos Corp		2,395,103
	56,139	*	Globus Medical, Inc		2,558,816
	24,506	*	Guardant Health, Inc		2,303,319
	38,594	*	Haemonetics Corp		4,711,556
	25,810	*	Hanger Orthopedic Group, Inc		445,223
	193,748		HCA Healthcare, Inc		25,867,295
	37,490	*	HealthEquity, Inc		3,073,430
	15,201		HealthStream, Inc		429,276
	104,292	*	Henry Schein, Inc		6,939,590
	3,685	*	Heska Corp		295,316
	45,033		Hill-Rom Holdings, Inc		4,802,319
	62,465	*	HMS Holdings Corp		2,180,028
	191,608	*	Hologic, Inc		9,819,910
	96,731		Humana, Inc		28,704,924
	13,743	*	ICU Medical, Inc		3,496,769
	61,578	*	IDEXX Laboratories, Inc		17,368,075
	10,894	*	Inogen, Inc		669,981
	36,039	*,e	Inovalon Holdings, Inc		540,585
	16,460	*	Inspire Medical Systems, Inc		1,113,190
	44,244	*	Insulet Corp		5,439,357
	27,315	*	Integer Holding Corp		2,390,882
	55,133	*	Integra LifeSciences Holdings Corp		3,494,881
	13,407	*	IntriCon Corp		241,058
	82,054	*	Intuitive Surgical, Inc		42,627,874
	22,488		Invacare Corp		120,311
	14,733	*	iRhythm Technologies, Inc		1,224,902
	33,790	*,e	Joint Corp		624,439
	69,490	*	Laboratory Corp of America Holdings		11,640,965
	18,561	*	Lantheus Holdings, Inc		419,850
	8,165		LeMaitre Vascular, Inc		270,180
	24,160	*	LHC Group, Inc		3,058,173

163

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	35,125	*	LivaNova plc	$	2,706,381
	15,248	*	Magellan Health Services, Inc		1,072,544
	32,368	*	Masimo Corp		5,109,289
	136,612		McKesson Corp		18,982,237
	43,182	*	Medidata Solutions, Inc		3,945,539
	63,563	*	MEDNAX, Inc		1,561,743
	967,915		Medtronic plc		98,669,255
	23,233		Meridian Bioscience, Inc		277,634
	37,595	*	Merit Medical Systems, Inc		1,483,499
	1,906		Mesa Laboratories, Inc		479,702
	46,383	*	Molina Healthcare, Inc		6,158,735
	6,667		National Healthcare Corp		584,029
	5,812		National Research Corp		391,845
	18,296	*	Natus Medical, Inc		568,457
	35,686	*	Neogen Corp		2,547,980
	21,357	*	Nevro Corp		1,427,929
	29,806	*	NextGen Healthcare, Inc		487,626
	67,125	*	Novocure Ltd		5,586,142
	37,042	*	NuVasive, Inc		2,466,997
	28,911	*	Omnicell, Inc		2,174,396
	32,080	*	OraSure Technologies, Inc		267,868
	10,157	*	Orthofix International NV		542,892
	6,251	*	OrthoPediatrics Corp		220,723
	66,635		Owens & Minor, Inc		180,581
	76,141		Patterson Cos, Inc		1,507,592
	20,942	*,e	Penumbra, Inc		3,509,879
	18,443	*,e	PetIQ, Inc		631,488
	47,341	*	Premier, Inc		1,834,464
	7,425	*	Providence Service Corp		413,870
	6,289	*,e	Pulse Biosciences, Inc		82,134
	97,436		Quest Diagnostics, Inc		9,946,267
	30,342	*	Quidel Corp		1,791,088
	53,906	*	R1 RCM, Inc		678,137
	19,979	*	RadNet, Inc		294,291
	101,873		Resmed, Inc		13,111,055
	28,831	*,e	Rockwell Medical, Inc		76,690
	21,979	*	RTI Biologics, Inc		93,631
	90,758	*	Select Medical Holdings Corp		1,519,289
	157,592	*,e	Senseonics Holdings, Inc		174,927
	4,698	*,e	Shockwave Medical Inc		229,826
	7,713	*	SI-BONE, Inc		138,680
	15,116	*,e	Sientra, Inc		92,208
	4,954	*,e	Silk Road Medical Inc		214,459
	5,738		Simulations Plus, Inc		222,749
	26,702	*	Staar Surgical Co		782,636
	58,868		STERIS plc		8,763,090
	246,953		Stryker Corp		51,805,800
	22,774	*	Surgery Partners, Inc		173,766
	7,753	*	SurModics, Inc		323,300
	11,232	*,e	Tabula Rasa HealthCare, Inc		676,953
	16,440	*,e	Tactile Systems Technology, Inc		949,246
	45,377	*	Tandem Diabetes Care, Inc		2,878,263
	40,695	*,e	Teladoc, Inc		2,777,027

164

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	32,437		Teleflex, Inc	$	11,020,146
	55,845	*	Tenet Healthcare Corp		1,316,267
	42,675	*,e	Tivity Health, Inc		744,679
	296,193	*,e	TransEnterix, Inc		405,784
	13,892	*	Triple-S Management Corp (Class B)		333,142
	679,722		UnitedHealth Group, Inc		169,257,575
	58,722		Universal Health Services, Inc (Class B)		8,858,801
	11,772		US Physical Therapy, Inc		1,519,530
	1,407		Utah Medical Products, Inc		128,023
	21,473	*	Varex Imaging Corp		682,627
	62,851	*	Varian Medical Systems, Inc		7,376,822
	87,177	*	Veeva Systems, Inc		14,462,664
	37,597	*,e	ViewRay, Inc		336,869
	37,161	*	Vocera Communications, Inc		953,923
	35,693	*	WellCare Health Plans, Inc		10,252,814
	54,180		West Pharmaceutical Services, Inc		7,437,289
	92,225	*	Wright Medical Group NV		2,661,613
	145,938		Zimmer Biomet Holdings, Inc		19,720,602
	69,827	e	Zynex Inc		580,961
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		1,332,308,301
HOUSEHOLD & PERSONAL PRODUCTS - 1.7%
	5,838	*	Central Garden & Pet Co		177,358
	20,082	*	Central Garden and Pet Co (Class A)		553,259
	171,770		Church & Dwight Co, Inc		12,958,329
	90,460		Clorox Co		14,708,796
	602,122		Colgate-Palmolive Co		43,196,232
	220,412		Coty, Inc		2,404,695
	46,791	*	Edgewell Personal Care Co		1,423,850
	43,716	*	elf Beauty, Inc		725,248
	45,649		Energizer Holdings, Inc		1,920,910
	153,961		Estee Lauder Cos (Class A)		28,358,077
	81,475	*	Herbalife Ltd		3,342,105
	10,188		Inter Parfums, Inc		705,825
	243,783		Kimberly-Clark Corp		33,069,164
	7,034		Medifast, Inc		785,346
	3,667	*	Nature’s Sunshine Products, Inc		33,113
	36,581		Nu Skin Enterprises, Inc (Class A)		1,462,508
	2,427		Oil-Dri Corp of America		85,989
	1,777,804		Procter & Gamble Co		209,851,984
	7,650	*,e	Revlon, Inc (Class A)		152,388
	36,491		Spectrum Brands Holdings, Inc		1,828,564
	10,892	*	USANA Health Sciences, Inc		741,201
	8,963		WD-40 Co		1,627,322
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		360,112,263
INSURANCE - 4.1%
	538,651		Aflac, Inc		28,354,589
	9,633		Alleghany Corp		6,605,637
	235,008		Allstate Corp		25,239,859
	25,630	*	AMBAC Financial Group, Inc		466,979
	64,678		American Equity Investment Life Holding Co		1,668,692
	56,006		American Financial Group, Inc		5,733,894

165

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	634,104		American International Group, Inc	$	35,503,483
	5,833		American National Insurance Co		705,910
	10,952		Amerisafe, Inc		712,537
	171,980		Aon plc		32,547,215
	273,578	*	Arch Capital Group Ltd		10,584,733
	27,532		Argo Group International Holdings Ltd		1,884,290
	126,646		Arthur J. Gallagher & Co		11,452,598
	42,728		Assurant, Inc		4,843,646
	67,712		Assured Guaranty Ltd		2,958,337
	123,147	*	Athene Holding Ltd		5,031,786
	56,271		Axis Capital Holdings Ltd		3,582,775
	1,404,829	*	Berkshire Hathaway, Inc (Class B)		288,594,021
	89,614	*	Brighthouse Financial, Inc		3,510,180
	177,069		Brown & Brown, Inc		6,362,089
	327,031		Chubb Ltd		49,983,418
	108,302		Cincinnati Financial Corp		11,624,054
	30,580	*,e	Citizens, Inc (Class A)		227,821
	29,299		CNA Financial Corp		1,403,129
	95,976		Conseco, Inc		1,622,954
	3,298		Donegal Group, Inc (Class A)		48,975
	20,991	*	eHealth, Inc		2,177,816
	4,497		EMC Insurance Group, Inc		161,622
	29,800		Employers Holdings, Inc		1,308,220
	7,413	*	Enstar Group Ltd		1,313,213
	18,500		Erie Indemnity Co (Class A)		4,121,245
	27,789		Everest Re Group Ltd		6,853,879
	6,784		FBL Financial Group, Inc (Class A)		425,357
	5,573		FedNat Holding Co		69,607
	75,141		First American Financial Corp		4,344,653
	194,405		FNF Group		8,336,086
	422,628	*	Genworth Financial, Inc (Class A)		1,686,286
	4,548		Global Indemnity Ltd		128,663
	5,733	e	Goosehead Insurance, Inc		258,042
	25,461	*	Greenlight Capital Re Ltd (Class A)		212,599
	5,450	*	Hallmark Financial Services		84,475
	29,697		Hanover Insurance Group, Inc		3,851,998
	254,778		Hartford Financial Services Group, Inc		14,682,856
	4,292		HCI Group, Inc		172,066
	8,315	*,e	Health Insurance Innovations, Inc		182,847
	16,420		Heritage Insurance Holdings, Inc		220,685
	36,897		Horace Mann Educators Corp		1,602,806
	2,693		Independence Holding Co		102,065
	714		Investors Title Co		117,167
	14,513		James River Group Holdings Ltd		694,157
	36,977		Kemper Corp		3,254,716
	11,675		Kinsale Capital Group, Inc		1,049,116
	145,689		Lincoln National Corp		9,519,319
	196,929		Loews Corp		10,543,579
	9,299	*	Markel Corp		10,358,435
	366,800		Marsh & McLennan Cos, Inc		36,239,840
	109,955	*	MBIA, Inc		1,025,880
	25,085		Mercury General Corp		1,422,570
	579,497		Metlife, Inc		28,638,742

166

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	36,305		National General Holdings Corp	$	897,823
	1,316		National Western Life Group, Inc		354,004
	5,460	*	NI Holdings, Inc		91,783
	199,216		Old Republic International Corp		4,544,117
	27,823		Primerica, Inc		3,413,604
	194,134		Principal Financial Group		11,267,537
	43,085		ProAssurance Corp		1,684,193
	418,892		Progressive Corp		33,921,874
	3,561		Protective Insurance Corp		58,935
	295,375		Prudential Financial, Inc		29,924,441
	43,499		Reinsurance Group of America, Inc (Class A)		6,782,364
	29,543		RenaissanceRe Holdings Ltd		5,351,714
	29,104		RLI Corp		2,623,144
	8,764		Safety Insurance Group, Inc		864,656
	42,986		Selective Insurance Group, Inc		3,232,547
	26,389		State Auto Financial Corp		912,532
	23,986		Stewart Information Services Corp		907,390
	62,056	*	Third Point Reinsurance Ltd		625,524
	13,470		Tiptree Financial, Inc		92,000
	76,985		Torchmark Corp		7,030,270
	186,904		Travelers Cos, Inc		27,403,864
	26,523	*,e	Trupanion, Inc		852,980
	12,504		United Fire & Casualty Co		653,584
	11,214		United Insurance Holdings Corp		127,055
	40,068		Universal Insurance Holdings, Inc		994,087
	132,877		UnumProvident Corp		4,245,420
	105,117		W.R. Berkley Corp		7,294,069
	14,534	*	Watford Holdings Ltd		275,565
	2,757		White Mountains Insurance Group Ltd		2,966,532
	91,669		Willis Towers Watson plc		17,895,622
			TOTAL INSURANCE		873,703,438
MATERIALS - 2.9%
	13,762		Advanced Emissions Solutions, Inc		175,190
	30,986	*	AdvanSix, Inc		794,481
	157,651		Air Products & Chemicals, Inc		35,986,994
	462,601	*,e	AK Steel Holding Corp		1,304,535
	70,819		Albemarle Corp		5,166,954
	134,964	*	Alcoa Corp		3,035,340
	77,659	*	Allegheny Technologies, Inc		1,690,636
	16,190		American Vanguard Corp		231,193
	22,879	*,e	Amyris, Inc		70,696
	45,569		Aptargroup, Inc		5,514,760
	15,791		Ardagh Group S.A.		262,604
	43,525		Ashland Global Holdings, Inc		3,459,367
	62,209		Avery Dennison Corp		7,145,948
	139,288	*	Axalta Coating Systems Ltd		4,127,103
	19,658		Balchem Corp		2,017,697
	235,670		Ball Corp		16,845,692
	83,308	*	Berry Plastics Group, Inc		3,753,025
	21,980		Boise Cascade Co		593,460
	46,783		Cabot Corp		2,092,136
	36,129		Carpenter Technology Corp		1,626,166

167

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	91,245		Celanese Corp (Series A)	$	10,234,952
	36,542	*	Century Aluminum Co		262,737
	164,742		CF Industries Holdings, Inc		8,164,614
	4,273		Chase Corp		442,597
	138,175		Chemours Co		2,634,997
	8,677	*	Clearwater Paper Corp		170,330
	191,026	e	Cleveland-Cliffs, Inc		2,036,337
	167,855	*	Coeur Mining, Inc		772,133
	66,633		Commercial Metals Co		1,166,744
	31,429		Compass Minerals International, Inc		1,755,310
	532,793		Corteva, Inc		15,717,394
	88,762	*	Crown Holdings, Inc		5,681,656
	49,660		Domtar Corp		2,108,067
	538,530		Dow, Inc		26,086,393
	540,496		DuPont de Nemours, Inc		39,002,191
	32,598		Eagle Materials, Inc		2,698,462
	94,831		Eastman Chemical Co		7,145,516
	182,115		Ecolab, Inc		36,738,059
	128,955	*	Element Solutions, Inc		1,292,129
	72,672	*	Ferro Corp		1,070,459
	48,283	*	Ferroglobe plc		0
	36,699	*,e	Flotek Industries, Inc		112,666
	99,877		FMC Corp		8,631,370
	998,655		Freeport-McMoRan Copper & Gold, Inc (Class B)		11,045,124
	15,859	*	FutureFuel Corp		184,757
	64,820	*	GCP Applied Technologies, Inc		1,427,985
	32,953	*	Gold Resource Corp		118,301
	187,144		Graphic Packaging Holding Co		2,780,960
	14,789		Greif, Inc (Class A)		517,023
	3,341		Greif, Inc (Class B)		143,663
	28,896		H.B. Fuller Co		1,381,518
	5,224		Hawkins, Inc		228,132
	6,888		Haynes International, Inc		204,987
	310,426		Hecla Mining Co		574,288
	135,308		Huntsman Corp		2,780,579
	30,404	*	Ingevity Corp		2,996,010
	10,724		Innophos Holdings, Inc		291,371
	13,629		Innospec, Inc		1,272,676
	76,333		International Flavors & Fragrances, Inc		10,991,189
	283,891		International Paper Co		12,465,654
	58,154	*	Intrepid Potash, Inc		217,496
	14,606		Kaiser Aluminum Corp		1,406,120
	11,753	*	Koppers Holdings, Inc		320,857
	17,111	*	Kraton Polymers LLC		524,794
	17,013		Kronos Worldwide, Inc		228,144
	388,766		Linde plc		74,363,161
	120,495	*	Livent Corp		775,988
	107,639		Louisiana-Pacific Corp		2,813,684
	28,845	*	LSB Industries, Inc		143,937
	216,810		LyondellBasell Industries AF S.C.A		18,144,829
	43,269		Martin Marietta Materials, Inc		10,719,895
	20,875		Materion Corp		1,296,964
	30,127		Minerals Technologies, Inc		1,604,263

168

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	233,241		Mosaic Co	$	5,875,341
	23,197		Myers Industries, Inc		375,096
	14,710		Neenah Paper, Inc		966,594
	5,902		NewMarket Corp		2,488,342
	577,640		Newmont Mining Corp		21,095,413
	164,712	*	Novagold Resources Inc		1,016,273
	215,124		Nucor Corp		11,698,443
	110,834		Olin Corp		2,224,438
	5,433		Olympic Steel, Inc		68,347
	22,913	*	Omnova Solutions, Inc		227,984
	42,311	*	Orion Engineered Carbons SA		824,218
	127,602		Owens-Illinois, Inc		2,165,406
	66,685		Packaging Corp of America		6,733,185
	23,735		PH Glatfelter Co		387,355
	63,916		PolyOne Corp		2,094,527
	170,616		PPG Industries, Inc		20,028,612
	16,888	*	PQ Group Holdings, Inc		263,284
	9,480		Quaker Chemical Corp		1,776,457
	6,364	*,e	Ramaco Resources, Inc		30,993
	47,440	e	Rayonier Advanced Materials, Inc		220,596
	46,436		Reliance Steel & Aluminum Co		4,641,278
	45,224		Royal Gold, Inc		5,175,887
	93,745		RPM International, Inc		6,358,723
	10,810	*	Ryerson Holding Corp		88,210
	14,837		Schnitzer Steel Industries, Inc (Class A)		395,109
	21,442		Schweitzer-Mauduit International, Inc		738,248
	31,630		Scotts Miracle-Gro Co (Class A)		3,548,253
	103,828		Sealed Air Corp		4,338,972
	33,065		Sensient Technologies Corp		2,254,041
	59,493		Sherwin-Williams Co		30,522,289
	62,594		Silgan Holdings, Inc		1,881,576
	78,030		Sonoco Products Co		4,684,141
	74,147		Southern Copper Corp (NY)		2,653,721
	138,708		Steel Dynamics, Inc		4,370,689
	18,001		Stepan Co		1,784,799
	104,994	*	Summit Materials, Inc		1,936,089
	35,638	*	SunCoke Energy, Inc		270,492
	27,146	*	TimkenSteel Corp		189,751
	8,363	*	Trecora Resources		79,365
	14,895		Tredegar Corp		248,300
	27,387		Trinseo S.A.		1,062,890
	59,635		Tronox Holdings plc		659,563
	2,989	*	UFP Technologies, Inc		130,201
	765		United States Lime & Minerals, Inc		61,873
	160,719	e	United States Steel Corp		2,415,607
	10,690	*	US Concrete, Inc		503,392
	19,740		Valhi, Inc		42,441
	139,656		Valvoline, Inc		2,819,655
	27,564	*	Verso Corp		445,986
	92,152		Vulcan Materials Co		12,749,229
	22,945		Warrior Met Coal, Inc		567,659
	28,248		Westlake Chemical Corp		1,908,717
	184,046		WestRock Co		6,634,858

169

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	42,569	*	Worthington Industries, Inc	$	1,712,125
	47,608		WR Grace and Co		3,228,299
			TOTAL MATERIALS		623,446,771
MEDIA & ENTERTAINMENT - 7.6%
	533,872		Activision Blizzard, Inc		26,020,921
	214,515	*	Alphabet, Inc (Class A)		261,322,173
	218,048	*	Alphabet, Inc (Class C)		265,294,641
	235,207		Altice USA, Inc		6,070,693
	32,802	e	AMC Entertainment Holdings, Inc		388,048
	31,079	*	AMC Networks, Inc		1,658,997
	2,685		Cable One, Inc		3,267,108
	9,685	*	Cardlytics, Inc		275,054
	8,556	*	Care.com, Inc		93,774
	45,599	*	Cargurus, Inc		1,699,475
	40,872	*	Cars.com, Inc		776,568
	226,620		CBS Corp (Class B)		11,673,196
	42,955	*	Central European Media Enterprises Ltd (Class A) (NASDAQ)		201,888
	115,896	*	Charter Communications, Inc		44,664,000
	73,668		Cinemark Holdings, Inc		2,940,827
	41,313	*	Clear Channel		125,178
	3,233,923		Comcast Corp (Class A)		139,608,456
	35,099	*	comScore, Inc		115,827
	430	*,e	Daily Journal Corp		106,683
	164,183	*	DHI Group, Inc		604,193
	117,217	*,e	Discovery, Inc (Class A)		3,552,847
	235,870	*	Discovery, Inc (Class C)		6,660,969
	155,886	*	DISH Network Corp (Class A)		5,278,300
	211,344	*	Electronic Arts, Inc		19,549,320
	10,428		Emerald Expositions Events, Inc		111,162
	147,439		Entercom Communications Corp (Class A)		837,454
	39,200		Entravision Communications Corp (Class A)		127,792
	15,307	*,e	Eros International plc		25,410
	25,967	*,e	Eventbrite Inc		459,356
	33,061		EW Scripps Co (Class A)		506,825
	1,715,536	*	Facebook, Inc		333,208,557
	12,801	*	Fluent, Inc		66,565
	240,603		Fox Corp (Class A)		8,979,304
	111,991		Fox Corp (Class B)		4,166,065
	121,803		Gannett Co, Inc		1,248,481
	75,502	*	GCI Liberty, Inc		4,509,734
	118,416	*	Glu Mobile, Inc		883,383
	49,363	*	Gray Television, Inc		876,193
	8,609	*	Hemisphere Media Group, Inc		105,977
	54,322	*	IAC/InterActiveCorp		12,985,674
	58,238	*	Imax Corp		1,278,324
	273,233		Interpublic Group of Cos, Inc		6,262,500
	37,914		John Wiley & Sons, Inc (Class A)		1,725,466
	6,199	*	Liberty Braves Group (Class A)		179,151
	25,562	*	Liberty Braves Group (Class C)		735,419
	14,538	*	Liberty Broadband Corp (Class A)		1,427,486
	78,344	*	Liberty Broadband Corp (Class C)		7,796,011
	26,301	*	Liberty Latin America Ltd (Class A)		431,073

170

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	69,901	*	Liberty Latin America Ltd (Class C)	$	1,146,376
	14,697	*	Liberty Media Group (Class A)		550,844
	142,448	*	Liberty Media Group (Class C)		5,609,602
	54,500	*	Liberty SiriusXM Group (Class A)		2,268,835
	123,283	*	Liberty SiriusXM Group (Class C)		5,160,626
	39,543	*	Liberty TripAdvisor Holdings, Inc		456,722
	29,548	e	Lions Gate Entertainment Corp (Class A)		381,465
	104,280		Lions Gate Entertainment Corp (Class B)		1,271,173
	98,001	*	Live Nation, Inc		7,061,952
	16,831	*,e	LiveXLive Media, Inc		49,651
	8,869	*	Loral Space & Communications, Inc		326,291
	13,618	*	Madison Square Garden Co		3,949,765
	25,417		Marcus Corp		889,341
	41,021	e	Match Group, Inc		3,088,471
	31,081	*	MDC Partners, Inc		77,702
	35,850	*	Meet Group, Inc		123,324
	22,587		Meredith Corp		1,239,123
	37,843	*	MSG Networks, Inc		718,639
	42,675		National CineMedia, Inc		303,846
	301,746	*	NetFlix, Inc		97,460,941
	56,663		New Media Investment Group, Inc		610,261
	115,742		New York Times Co (Class A)		4,129,675
	272,145		News Corp (Class A)		3,581,428
	69,125		News Corp (Class B)		930,422
	31,228		Nexstar Broadcasting Group, Inc (Class A)		3,178,074
	156,551		Omnicom Group, Inc		12,558,521
	51,008	*	QuinStreet, Inc		830,920
	6,859	*	Reading International, Inc		89,510
	12,372	*	Rosetta Stone, Inc		284,061
	1,398		Saga Communications, Inc		43,646
	15,698		Scholastic Corp		536,401
	44,983		Sinclair Broadcast Group, Inc (Class A)		2,260,396
	1,012,741	e	Sirius XM Holdings, Inc		6,339,759
	84,430	*	Spotify Technology S.A.		13,081,584
	81,120	*	Take-Two Interactive Software, Inc		9,938,822
	8,199	*	TechTarget, Inc		188,741
	161,572		TEGNA, Inc		2,454,279
	59,080		Tribune Co		2,745,448
	12,348		Tribune Publishing Co		102,118
	74,790	*	TripAdvisor, Inc		3,301,979
	87,124	*	TrueCar, Inc		442,590
	538,822	*	Twitter, Inc		22,797,559
	8,711	e	Viacom, Inc (Class A)		304,537
	262,004		Viacom, Inc (Class B)		7,951,821
	1,255,238		Walt Disney Co		179,511,586
	19,514	*	WideOpenWest, Inc		148,111
	34,948		World Wrestling Entertainment, Inc (Class A)		2,543,515
	57,350	*	Yelp, Inc		2,010,118
	48,258	*	Zillow Group, Inc (Class A)		2,405,179
	86,550	*,e	Zillow Group, Inc (Class C)		4,324,038
	670,029	*	Zynga, Inc		4,274,785
			TOTAL MEDIA & ENTERTAINMENT		1,616,917,071

171

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.4%
	1,059,376		AbbVie, Inc	$	70,575,629
	53,224	*	Abeona Therapeutics, Inc		137,850
	81,984	*	Acadia Pharmaceuticals, Inc		2,015,167
	15,310	*,e	Accelerate Diagnostics, Inc		285,991
	32,735	*	Acceleron Pharma, Inc		1,429,210
	66,376	*	Achillion Pharmaceuticals, Inc		292,718
	12,522	*	Aclaris Therapeutics, Inc		16,028
	24,842	*	Acorda Therapeutics, Inc		172,155
	29,270	*,e	Adamas Pharmaceuticals, Inc		183,230
	34,109	*	Adverum Biotechnologies, Inc		457,402
	46,253	*	Aerie Pharmaceuticals, Inc		1,002,303
	48,384	*	Agenus, Inc		116,605
	5,663	*,e	AgeX Therapeutics, Inc		16,593
	227,114		Agilent Technologies, Inc		15,763,983
	45,032	*,e	Agios Pharmaceuticals, Inc		2,166,490
	45,447	*,e	Aimmune Therapeutics, Inc		874,855
	8,200	*,e	Akcea Therapeutics, Inc		177,366
	44,506	*	Akebia Therapeutics, Inc		186,480
	56,071	*	Akorn, Inc		208,584
	5,626	*	Albireo Pharma, Inc		145,657
	37,404	*	Alder Biopharmaceuticals, Inc		378,528
	150,354	*	Alexion Pharmaceuticals, Inc		17,033,605
	112,466	*	Alkermes plc		2,604,713
	19,451	*,e	Allakos, Inc		676,311
	234,900		Allergan plc		37,701,450
	13,161	*,e	Allogene Therapeutics, Inc		407,991
	76,565	*	Alnylam Pharmaceuticals, Inc		5,940,678
	22,367	*,e	AMAG Pharmaceuticals, Inc		184,751
	436,855		Amgen, Inc		81,508,406
	180,813	*	Amicus Therapeutics, Inc		2,242,081
	53,564	*	Amneal Pharmaceuticals, Inc		196,044
	20,326	*	Amphastar Pharmaceuticals, Inc		409,569
	19,342	*	AnaptysBio, Inc		1,038,859
	4,747	*	ANI Pharmaceuticals, Inc		401,549
	8,514	*	Anika Therapeutics, Inc		469,036
	22,306	*	Apellis Pharmaceuticals, Inc		623,007
	21,703	*	Aratana Therapeutics, Inc		1,235
	20,369	*,e	Arcus Biosciences, Inc		161,119
	20,670	*	Ardelyx, Inc		49,815
	34,420	*	Arena Pharmaceuticals, Inc		2,157,446
	109,636	*	Arqule, Inc		1,106,227
	87,714	*,e	Arrowhead Research Corp		2,548,969
	12,521	*	Arvinas, Inc		334,060
	9,360	*	Assembly Biosciences, Inc		117,000
	36,183	*	Assertio Therapeutics, Inc		124,108
	28,032	*	Atara Biotherapeutics, Inc		400,017
	25,792	*	Athenex, Inc		464,256
	56,949	*,e	Athersys, Inc		79,159
	38,341	*	Audentes Therapeutics, Inc		1,492,232
	21,522	*	Avid Bioservices, Inc		139,463
	3,474	*	Avrobio, Inc		73,718
	17,336	*,e	Axsome Therapeutics, Inc		442,068

172

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	57,028	*	BioCryst Pharmaceuticals, Inc	$	180,779
	58,068	*	BioDelivery Sciences International, Inc		215,432
	140,297	*	Biogen Idec, Inc		33,365,433
	29,114	*	Biohaven Pharmaceutical Holding Co Ltd		1,253,067
	128,038	*	BioMarin Pharmaceutical, Inc		10,155,974
	14,788	*	Bio-Rad Laboratories, Inc (Class A)		4,656,741
	3,096	*	Biospecifics Technologies Corp		179,878
	27,927		Bio-Techne Corp		5,868,859
	56,636	*,e	BioTime, Inc		62,300
	38,726	*,e	Bluebird Bio, Inc		5,082,013
	38,467	*	Blueprint Medicines Corp		3,852,470
	1,173,320		Bristol-Myers Squibb Co		52,107,141
	76,798		Bruker BioSciences Corp		3,674,784
	18,171	*	Calithera Biosciences, Inc		77,045
	4,536	*,e	Calyxt, Inc		42,139
	28,630	*	Cambrex Corp		1,253,994
	48,745	*,e	Cara Therapeutics, Inc		1,166,955
	40,282	*	CareDx, Inc		1,320,041
	31,091	*	CASI Pharmaceuticals, Inc		97,004
	98,799	*	Catalent, Inc		5,581,156
	75,099	*,e	Catalyst Pharmaceuticals, Inc		374,744
	502,671	*	Celgene Corp		46,175,358
	77,969	*,e	CEL-SCI Corp		568,394
	32,761	*	Charles River Laboratories International, Inc		4,407,665
	15,298	*	ChemoCentryx, Inc		122,078
	21,278	*	Chimerix, Inc		76,601
	78,349	*	Clovis Oncology, Inc		826,582
	24,762	*	Codexis, Inc		454,878
	60,228	*	Coherus Biosciences, Inc		1,013,035
	14,552	*	Collegium Pharmaceutical, Inc		159,635
	11,969	*	Concert Pharmaceuticals, Inc		120,408
	28,930	*,e	Corbus Pharmaceuticals Holdings, Inc		173,580
	60,315	*	Corcept Therapeutics, Inc		679,147
	11,427	*,e	Corium International, Inc		2,057
	10,892	*	Cyclerion Therapeutics, Inc		101,187
	36,556	*	Cymabay Therapeutics, Inc		225,916
	24,798	*	Cytokinetics, Inc		302,288
	28,418	*	CytomX Therapeutics, Inc		292,990
	5,013	*,e	Deciphera Pharmaceuticals, Inc		110,787
	27,144	*,e	Denali Therapeutics, Inc		579,524
	21,699	*,e	Dermira, Inc		191,168
	27,581	*	Dicerna Pharmaceuticals, Inc		375,929
	2,826	*	Dova Pharmaceuticals, Inc		45,188
	42,801	*,e	Dynavax Technologies Corp		118,131
	11,242	*	Eagle Pharmaceuticals, Inc		616,736
	54,831	*,e	Editas Medicine, Inc		1,384,483
	16,020	*,e	Eidos Therapeutics, Inc		521,932
	265,301	*	Elanco Animal Health, Inc		8,744,321
	616,120		Eli Lilly & Co		67,126,274
	13,367	*,e	Eloxx Pharmaceuticals, Inc		109,075
	39,051	*	Emergent Biosolutions, Inc		1,723,711
	13,523	*	Enanta Pharmaceuticals, Inc		1,014,495
	146,720	*	Endo International plc		465,102

173

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	28,439	*	Epizyme, Inc	$	377,101
	24,015	*,e	Esperion Thereapeutics, Inc		953,155
	21,747	*,e	Evolus, Inc		386,009
	87,656	*	Exact Sciences Corp		10,090,082
	223,840	*	Exelixis, Inc		4,761,077
	55,910	*	Fate Therapeutics, Inc		1,232,815
	56,867	*	FibroGen, Inc		2,687,534
	15,829	*	Five Prime Therapeutics, Inc		80,886
	39,018	*,e	Flexion Therapeutics, Inc		391,741
	19,596	*	Fluidigm Corp		230,253
	12,649	*	G1 Therapeutics, Inc		313,822
	14,710	*	Genomic Health, Inc		1,073,389
	99,875	*,e	Geron Corp		119,850
	914,282		Gilead Sciences, Inc		59,903,757
	43,400	*	Global Blood Therapeutics, Inc		2,378,320
	20,830	*	GlycoMimetics, Inc		192,261
	14,232	*	Gossamer Bio, Inc		282,505
	52,701	*,e	Gritstone Oncology, Inc		553,360
	79,010	*	Halozyme Therapeutics, Inc		1,342,380
	58,607	*	Heron Therapeutics, Inc		1,022,106
	10,856	*	Homology Medicines, Inc		193,020
	129,280	*	Horizon Pharma plc		3,217,779
	103,753	*	Illumina, Inc		31,061,573
	143,627	*	Immunogen, Inc		323,161
	154,061	*,e	Immunomedics, Inc		2,272,400
	123,772	*	Incyte Corp		10,510,718
	84,899	*	Innoviva, Inc		1,008,600
	45,252	*,e	Inovio Pharmaceuticals, Inc		124,896
	65,711	*	Insmed, Inc		1,442,356
	35,962	*,e	Intellia Therapeutics, Inc		650,912
	21,628	*,e	Intercept Pharmaceuticals, Inc		1,359,320
	14,781	*	Intersect ENT, Inc		292,220
	24,570	*	Intra-Cellular Therapies, Inc		205,160
	67,570	*,e	Intrexon Corp		539,884
	69,391	*	Invitae Corp		1,865,924
	96,045	*	Ionis Pharmaceuticals, Inc		6,325,524
	100,089	*	Iovance Biotherapeutics, Inc		2,461,189
	128,479	*	IQVIA Holdings, Inc		20,450,002
	108,922	*	Ironwood Pharmaceuticals, Inc		1,157,841
	40,491	*	Jazz Pharmaceuticals plc		5,643,636
	1,913,520		Johnson & Johnson		249,178,574
	8,024	*	Jounce Therapeutics, Inc		38,435
	43,056	*,e	Kadmon Holdings, Inc		112,807
	10,732	*	Kala Pharmaceuticals, Inc		63,104
	30,034	*,e	Karyopharm Therapeutics, Inc		264,600
	11,670	*	Kindred Biosciences, Inc		79,589
	48,583	*	Kodiak Sciences, Inc		598,057
	6,230	*,e	Krystal Biotech Inc		299,102
	10,817	*	Kura Oncology, Inc		206,821
	9,941	*,e	La Jolla Pharmaceutical Co		83,107
	54,719	*,e	Lannett Co, Inc		386,863
	23,392	*,e	Lexicon Pharmaceuticals, Inc		31,579
	12,831	*	Ligand Pharmaceuticals, Inc (Class B)		1,174,165

174

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	24,097		Luminex Corp	$	523,628
	56,764	*	MacroGenics, Inc		816,834
	8,652	*,e	Madrigal Pharmaceuticals, Inc		755,233
	74,469	*,e	Mallinckrodt plc		507,134
	87,668	*,e	MannKind Corp		98,188
	22,791	*	Marinus Pharmaceuticals, Inc		25,070
	59,502	*,e	Medicines Co		2,132,552
	14,055	*,e	MediciNova, Inc		134,085
	22,437	*	Medpace Holdings, Inc		1,767,138
	11,119	*	MeiraGTx Holdings plc		302,993
	4,587	*	Menlo Therapeutics, Inc		17,385
	1,845,329		Merck & Co, Inc		153,143,854
	17,487	*	Mettler-Toledo International, Inc		13,233,287
	17,960	*	Minerva Neurosciences, Inc		119,254
	19,651	*	Mirati Therapeutics, Inc		2,079,076
	59,020	*	Moderna, Inc		773,162
	63,221	*	Momenta Pharmaceuticals, Inc		714,397
	364,527	*	Mylan NV		7,618,614
	40,288	*	MyoKardia, Inc		2,192,876
	50,516	*	Myriad Genetics, Inc		1,472,036
	37,762	*	NanoString Technologies, Inc		1,240,859
	40,900	*	Natera, Inc		1,128,022
	124,326	*	Nektar Therapeutics		3,538,318
	66,492	*	NeoGenomics, Inc		1,620,410
	64,918	*	Neurocrine Biosciences, Inc		6,257,446
	13,448	*,e	Novavax, Inc		57,961
	14,594	*,e	Ocular Therapeutix, Inc		67,862
	53,171	*,e	Omeros Corp		824,682
	344,433	*,e	Opko Health, Inc		726,754
	3,379	*,e	Optinose, Inc		18,145
	128,534	*	Pacific Biosciences of California, Inc		694,084
	33,924	*	Pacira Pharmaceuticals, Inc		1,488,924
	12,933	*,e	Paratek Pharmaceuticals, Inc		41,774
	102,482	*	PDL BioPharma, Inc		295,148
	78,120	*	PerkinElmer, Inc		6,727,694
	81,397		Perrigo Co plc		4,396,252
	104,286	*	Pfenex, Inc		613,202
	4,000,202		Pfizer, Inc		155,367,846
	11,429		Phibro Animal Health Corp		355,785
	18,324	*	Pieris Pharmaceuticals, Inc		100,782
	5,383	*,e	PolarityTE, Inc		25,623
	69,524	*,e	Portola Pharmaceuticals, Inc		1,854,900
	39,580	*	PRA Health Sciences, Inc		3,954,438
	50,206	*	Prestige Brands Holdings, Inc		1,737,128
	9,523	*	Principia Biopharma, Inc		353,684
	43,814	*	Progenics Pharmaceuticals, Inc		235,719
	25,653	*	Prothena Corp plc		240,112
	51,050	*	PTC Therapeutics, Inc		2,459,079
	18,291	*	Puma Biotechnology, Inc		176,508
	162,577	*	QIAGEN NV		6,132,404
	6,779	*	Quanterix Corp		210,013
	25,522	*	Ra Pharmaceuticals, Inc		868,769
	40,171	*	Radius Health, Inc		862,070

175

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	18,102	*	Reata Pharmaceuticals, Inc	$	1,640,946
	6,329	*	Recro Pharma, Inc		60,758
	57,480	*	Regeneron Pharmaceuticals, Inc		17,517,605
	31,576	*	REGENXBIO, Inc		1,402,290
	32,976	*	Repligen Corp		3,112,605
	21,376	*	Retrophin, Inc		423,031
	16,889	*	Revance Therapeutics, Inc		212,464
	9,577	*	Rhythm Pharmaceuticals, Inc		184,357
	86,156	*	Rigel Pharmaceuticals, Inc		196,436
	12,963	*,e	Rocket Pharmaceuticals, Inc		157,889
	7,605	*,e	Rubius Therapeutics, Inc		101,147
	36,310	*	Sage Therapeutics, Inc		5,821,945
	127,347	*	Sangamo Biosciences, Inc		1,529,437
	48,825	*	Sarepta Therapeutics, Inc		7,267,601
	76,378	*	Seattle Genetics, Inc		5,782,578
	13,358	*,e	Seres Therapeutics, Inc		36,467
	31,728	*	SIGA Technologies, Inc		177,677
	5,595	*,e	Solid Biosciences, Inc		32,059
	53,979	*,e	Sorrento Therapeutics, Inc		145,204
	23,021	*	Spark Therapeutics, Inc		2,302,560
	115,826	*	Spectrum Pharmaceuticals, Inc		877,961
	14,585	*	Stemline Therapeutics, Inc		193,543
	30,987	*	Supernus Pharmaceuticals, Inc		1,034,036
	6,892	*	Syndax Pharmaceuticals, Inc		66,163
	43,295	*	Syneos Health, Inc		2,211,942
	7,073	*	Syros Pharmaceuticals, Inc		52,906
	45,895	*,e	TG Therapeutics, Inc		343,754
	222,623	*,e	TherapeuticsMD, Inc		478,639
	23,811	*,e	Theravance Biopharma, Inc		496,459
	286,802		Thermo Fisher Scientific, Inc		79,639,179
	10,529	*	Tocagen, Inc		56,014
	20,924	*	Translate Bio, Inc		167,810
	6,260	*,e	Tricida, Inc		197,566
	15,124	*	Twist Bioscience Corp		509,981
	37,779	*	Ultragenyx Pharmaceutical, Inc		2,276,563
	30,384	*	United Therapeutics Corp		2,407,628
	11,976	*,e	UNITY Biotechnology, Inc		84,551
	13,354	*,e	UroGen Pharma Ltd		455,371
	43,287	*	Vanda Pharmaceuticals, Inc		538,923
	35,705	*	Veracyte, Inc		1,012,951
	54,342	*	Vericel Corp		1,039,019
	180,988	*	Vertex Pharmaceuticals, Inc		30,156,221
	58,489	*,e	Viking Therapeutics, Inc		449,780
	18,311	*	Voyager Therapeutics, Inc		403,025
	49,253	*	Waters Corp		10,370,712
	11,082	*,e	WaVe Life Sciences Pte Ltd		237,266
	28,502	*	Xencor, Inc		1,254,658
	50,940	*	Xeris Pharmaceuticals, Inc		595,998
	14,546	*	Y-mAbs Therapeutics, Inc		325,394
	109,983	*,e	ZIOPHARM Oncology, Inc		763,282
	342,958		Zoetis, Inc		39,402,445
	36,547	*,e	Zogenix, Inc		1,760,469
	44,624	*,e	Zynerba Pharmaceuticals, Inc		472,568
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		1,580,660,717

176

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 4.0%
	69,241		Acadia Realty Trust	$	1,943,595
	26,419		Agree Realty Corp		1,766,110
	58,662		Alexander & Baldwin, Inc		1,379,144
	2,407		Alexander’s, Inc		901,421
	79,603		Alexandria Real Estate Equities, Inc		11,650,695
	6,851	*,e	Altisource Portfolio Solutions S.A.		143,871
	37,614		American Assets Trust, Inc		1,745,290
	95,665		American Campus Communities, Inc		4,472,339
	76,012		American Finance Trust, Inc		890,101
	182,809		American Homes 4 Rent		4,425,806
	315,623		American Tower Corp		66,792,139
	136,907		Americold Realty Trust		4,590,492
	105,679		Apartment Investment & Management Co		5,235,338
	157,000	*	Apple Hospitality REIT, Inc		2,466,470
	26,867		Armada Hoffler Properties, Inc		454,858
	44,053		Ashford Hospitality Trust, Inc		119,384
	100,978		AvalonBay Communities, Inc		21,083,197
	24,630		Bluerock Residential Growth REIT, Inc		290,388
	108,977		Boston Properties, Inc		14,488,492
	14,516		BraeMar Hotels & Resorts, Inc		132,386
	98,959		Brandywine Realty Trust		1,459,645
	212,171		Brixmor Property Group, Inc		4,027,006
	79,501		Brookfield Property REIT, Inc		1,535,164
	66,822		Camden Property Trust		6,930,110
	69,365		CareTrust REIT, Inc		1,611,349
	38,283		CatchMark Timber Trust, Inc		388,955
	122,504		CBL & Associates Properties, Inc		128,629
	239,417	*	CBRE Group, Inc		12,691,495
	53,871		Cedar Realty Trust, Inc		149,761
	26,156		Chatham Lodging Trust		467,146
	50,988		Chesapeake Lodging Trust		1,400,640
	46,803		City Office REIT, Inc		579,421
	7,816		Clipper Realty, Inc		90,275
	425,482		Colony Capital, Inc		2,403,973
	94,085		Columbia Property Trust, Inc		2,063,284
	11,013		Community Healthcare Trust, Inc		452,524
	12,558		Consolidated-Tomoka Land Co		787,638
	91,344		CoreCivic, Inc		1,550,108
	7,274		CorEnergy Infrastructure Trust, Inc		294,379
	22,840		CorePoint Lodging, Inc		267,913
	26,493		Coresite Realty		2,776,731
	79,819		Corporate Office Properties Trust		2,228,546
	98,057		Cousins Properties, Inc		3,449,645
	297,496		Crown Castle International Corp		39,644,317
	141,160		CubeSmart		4,792,382
	55,454	*	Cushman & Wakefield plc		1,100,207
	70,039		CyrusOne, Inc		4,020,239
	113,305		DiamondRock Hospitality Co		1,140,981
	147,613		Digital Realty Trust, Inc		16,881,023
	115,334		Douglas Emmett, Inc		4,707,934

177

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	246,233		Duke Realty Corp	$	8,206,946
	49,400		Easterly Government Properties, Inc		932,178
	24,286		EastGroup Properties, Inc		2,925,977
	104,720		Empire State Realty Trust, Inc		1,467,127
	51,942		Entertainment Properties Trust		3,866,043
	58,933		Equinix, Inc		29,590,259
	92,704		Equity Commonwealth		3,113,000
	63,609		Equity Lifestyle Properties, Inc		7,903,418
	256,132		Equity Residential		20,206,253
	58,648		Essential Properties Realty Trust, Inc		1,238,646
	46,611		Essex Property Trust, Inc		14,086,776
	88,815		Extra Space Storage, Inc		9,981,918
	21,321		Farmland Partners, Inc		131,124
	53,403		Federal Realty Investment Trust		7,049,730
	84,088		First Industrial Realty Trust, Inc		3,211,321
	8,997	*	Forestar Group, Inc		185,878
	58,607		Four Corners Property Trust, Inc		1,578,873
	61,023		Franklin Street Properties Corp		491,845
	88,257		Front Yard Residential Corp		1,059,967
	3,673	*	FRP Holdings, Inc		182,107
	149,013		Gaming and Leisure Properties, Inc		5,619,280
	102,709		Geo Group, Inc		1,829,247
	18,727		Getty Realty Corp		561,435
	16,590		Gladstone Commercial Corp		352,703
	10,797		Global Medical REIT, Inc		111,533
	80,903		Global Net Lease, Inc		1,579,227
	56,257		Hannon Armstrong Sustainable Infrastructure Capital, Inc		1,544,255
	336,803		HCP, Inc		10,754,120
	87,882		Healthcare Realty Trust, Inc		2,810,466
	136,695		Healthcare Trust of America, Inc		3,681,196
	56,274		Hersha Hospitality Trust		879,000
	70,987		Highwoods Properties, Inc		3,217,841
	135,178		Hospitality Properties Trust		3,340,248
	519,907		Host Marriott Corp		9,041,183
	29,312	*	Howard Hughes Corp		3,957,120
	104,156		Hudson Pacific Properties		3,676,707
	49,316		Independence Realty Trust, Inc		609,053
	46,851		Industrial Logistics Properties Trust		1,001,674
	11,699		Innovative Industrial Properties, Inc		1,236,233
	10,916		Investors Real Estate Trust		695,895
	271,849		Invitation Homes, Inc		7,467,692
	196,935		Iron Mountain, Inc		5,791,858
	40,754		iStar Financial, Inc		537,953
	76,650		JBG SMITH Properties		2,999,314
	16,318		Jernigan Capital, Inc		323,749
	37,645		Jones Lang LaSalle, Inc		5,484,500
	96,450		Kennedy-Wilson Holdings, Inc		2,075,604
	66,709		Kilroy Realty Corp		5,300,697
	288,636		Kimco Realty Corp		5,544,698
	60,963		Kite Realty Group Trust		969,921
	57,037		Lamar Advertising Co		4,615,434
	184,776		Lexington Realty Trust		1,823,739
	96,399		Liberty Property Trust		5,041,668

178

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	34,541		Life Storage, Inc	$	3,367,402
	35,739		LTC Properties, Inc		1,647,211
	91,730		Macerich Co		3,031,676
	77,091		Mack-Cali Realty Corp		1,833,224
	24,749	*	Marcus & Millichap, Inc		821,667
	7,087	*	Maui Land & Pineapple Co, Inc		80,296
	263,851		Medical Properties Trust, Inc		4,617,393
	77,405		Mid-America Apartment Communities, Inc		9,121,405
	80,044		Monmouth Real Estate Investment Corp (Class A)		1,103,807
	32,229		National Health Investors, Inc		2,558,338
	112,277		National Retail Properties, Inc		5,865,350
	42,965		National Storage Affiliates Trust		1,301,410
	57,756		New Senior Investment Group, Inc		411,800
	89,029		Newmark Group, Inc		877,826
	14,802		NexPoint Residential Trust, Inc		638,854
	40,723		NorthStar Realty Europe Corp		692,291
	47,345		Office Properties Income Trust		1,333,709
	136,597		Omega Healthcare Investors, Inc		4,958,471
	32,197		One Liberty Properties, Inc		922,766
	111,264		Outfront Media, Inc		3,024,156
	117,210		Paramount Group, Inc		1,621,014
	137,551		Park Hotels & Resorts, Inc		3,632,722
	79,729		Pebblebrook Hotel Trust		2,231,615
	49,406		Pennsylvania REIT		295,448
	132,603		Physicians Realty Trust		2,282,098
	89,709		Piedmont Office Realty Trust, Inc		1,866,844
	50,818		Potlatch Corp		1,871,119
	30,956		Preferred Apartment Communities, Inc		448,552
	449,039		Prologis, Inc		36,197,034
	15,469		PS Business Parks, Inc		2,707,075
	107,205		Public Storage, Inc		26,025,086
	41,639		QTS Realty Trust, Inc		1,927,053
	97,923		Rayonier, Inc		2,843,684
	10,920		Re/Max Holdings, Inc		317,554
	82,223	e	Realogy Holdings Corp		428,382
	225,096		Realty Income Corp		15,578,894
	76,738	*,e	Redfin Corp		1,384,354
	118,696		Regency Centers Corp		7,917,023
	95,856		Retail Opportunities Investment Corp		1,738,828
	131,127		Retail Properties of America, Inc		1,594,504
	10,206		Retail Value, Inc		384,154
	62,098		Rexford Industrial Realty, Inc		2,570,857
	106,354		RLJ Lodging Trust		1,837,797
	4,669		RMR Group, Inc		229,902
	62,294		RPT Realty		763,102
	27,079		Ryman Hospitality Properties		2,030,925
	108,112		Sabra Healthcare REIT, Inc		2,231,432
	8,645		Safehold, Inc		284,161
	9,881		Saul Centers, Inc		541,380
	80,986	*	SBA Communications Corp		19,874,774
	239,945		Senior Housing Properties Trust		1,967,549
	33,749		Seritage Growth Properties		1,409,696
	220,382		Simon Property Group, Inc		35,745,960

179

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	144,383		SITE Centers Corp	$	2,057,458
	56,895		SL Green Realty Corp		4,613,047
	27,628		Spirit MTA REIT		232,351
	55,255		Spirit Realty Capital, Inc		2,437,851
	29,309	*	St. Joe Co		563,905
	89,961		STAG Industrial, Inc		2,673,641
	148,247		STORE Capital Corp		5,071,530
	2,867	*	Stratus Properties, Inc		80,907
	95,676		Summit Hotel Properties, Inc		1,062,960
	57,754		Sun Communities, Inc		7,670,309
	161,576		Sunstone Hotel Investors, Inc		2,134,419
	88,312		Tanger Factory Outlet Centers, Inc		1,402,395
	36,609		Taubman Centers, Inc		1,483,397
	11,544	*	Tejon Ranch Co		213,910
	45,258		Terreno Realty Corp		2,211,306
	187,829		UDR, Inc		8,651,404
	29,663		UMH Properties, Inc		390,068
	134,012		Uniti Group, Inc		1,128,381
	7,479		Universal Health Realty Income Trust		689,265
	84,805		Urban Edge Properties		1,418,788
	25,939		Urstadt Biddle Properties, Inc (Class A)		560,023
	258,663		Ventas, Inc		17,405,433
	696,547		VEREIT, Inc		6,352,509
	297,744		VICI Properties, Inc		6,353,857
	119,965		Vornado Realty Trust		7,716,149
	267,196		Washington Prime Group, Inc		969,921
	62,434		Washington REIT		1,682,596
	88,530		Weingarten Realty Investors		2,470,872
	289,873		Welltower, Inc		24,094,244
	533,026		Weyerhaeuser Co		13,544,191
	22,948	*	Whitestone REIT		292,587
	120,667		WP Carey, Inc		10,442,522
	83,110		Xenia Hotels & Resorts, Inc		1,781,047
			TOTAL REAL ESTATE		857,720,432
RETAILING - 5.9%
	15,888	*	1-800-FLOWERS.COM, Inc (Class A)		311,087
	54,562		Aaron’s, Inc		3,440,134
	48,761		Abercrombie & Fitch Co (Class A)		923,046
	48,847		Advance Auto Parts, Inc		7,358,312
	296,919	*	Amazon.com, Inc		554,282,451
	103,945		American Eagle Outfitters, Inc		1,838,787
	4,482	*	America’s Car-Mart, Inc		404,097
	10,925	*	Asbury Automotive Group, Inc		1,005,974
	25,965	*,e	At Home Group, Inc		155,530
	49,168	*	Autonation, Inc		2,393,498
	17,399	*	AutoZone, Inc		19,539,773
	22,973	*	Barnes & Noble Education, Inc		80,405
	42,052		Barnes & Noble, Inc		274,179
	86,549	e	Bed Bath & Beyond, Inc		840,391
	160,926		Best Buy Co, Inc		12,315,667
	25,783		Big Lots, Inc		660,045
	90,864	*	BJ’s Wholesale Club Holdings, Inc		2,140,756

180

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	30,943	*	Booking Holdings, Inc	$	58,377,373
	32,807	*	Boot Barn Holdings, Inc		1,026,531
	20,435	e	Buckle, Inc		415,852
	43,906	*	Burlington Stores, Inc		7,936,010
	42,483		Caleres, Inc		797,831
	59,924	e	Camping World Holdings, Inc		702,909
	117,481	*	CarMax, Inc		10,310,133
	29,204	*,e	Carvana Co		1,856,206
	14,638		Cato Corp (Class A)		210,348
	90,009		Chico’s FAS, Inc		287,129
	10,893	e	Children’s Place Retail Stores, Inc		1,063,919
	9,236		Citi Trends, Inc		141,773
	14,808	*	Conn’s, Inc		308,006
	9,713	*	Container Store Group, Inc		59,346
	30,828		Core-Mark Holding Co, Inc		1,153,892
	45,022		Designer Brands, Inc		827,504
	49,667		Dick’s Sporting Goods, Inc		1,846,122
	8,843	e	Dillard’s, Inc (Class A)		643,594
	185,674		Dollar General Corp		24,884,029
	168,933	*	Dollar Tree, Inc		17,188,933
	5,673	*,e	Duluth Holdings, Inc		68,927
	590,539		eBay, Inc		24,324,301
	82,184	*	Etsy, Inc		5,507,972
	95,467		Expedia, Inc		12,672,231
	140,131	*	Express Parent LLC		346,124
	38,459	*	Five Below, Inc		4,517,394
	47,306	*	Floor & Decor Holdings, Inc		1,852,030
	81,537		Foot Locker, Inc		3,347,909
	6,374	*,e	Funko, Inc		159,414
	4,919	*,e	Gaia, Inc		28,432
	141,525	e	GameStop Corp (Class A)		568,931
	142,651		Gap, Inc		2,781,695
	16,380	*	Genesco, Inc		645,044
	100,382		Genuine Parts Co		9,749,100
	55,208	*,e	GNC Holdings, Inc		114,833
	12,522		Group 1 Automotive, Inc		1,051,347
	438,715	*	Groupon, Inc		1,381,952
	62,706	*	GrubHub, Inc		4,240,807
	34,631		Guess?, Inc		583,532
	9,919		Haverty Furniture Cos, Inc		179,633
	15,548	*	Hibbett Sports, Inc		286,083
	789,660		Home Depot, Inc		168,742,445
	21,193	*	Hudson Ltd		270,847
	57,120	*,e	JC Penney Co, Inc		45,439
	118,390		Kohl’s Corp		6,376,485
	156,181		L Brands, Inc		4,052,897
	8,312	*	Lands’ End, Inc		90,601
	6,857	*	Leaf Group Ltd		41,828
	10,204	*	Liquidity Services, Inc		66,530
	14,730		Lithia Motors, Inc (Class A)		1,942,592
	215,970	*	LKQ Corp		5,816,072
	573,394		Lowe’s Companies, Inc		58,142,152
	64,637	*,e	Lumber Liquidators, Inc		566,866

181

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	203,762		Macy’s, Inc	$	4,631,510
	15,024	*	MarineMax, Inc		231,971
	67,268	*	Michaels Cos, Inc		462,131
	25,365		Monro Muffler, Inc		2,135,987
	19,492	*	Murphy USA, Inc		1,722,313
	58,729	*	National Vision Holdings, Inc		1,855,249
	77,380		Nordstrom, Inc		2,562,052
	645,748		Office Depot, Inc		1,317,326
	35,943	*	Ollie’s Bargain Outlet Holdings, Inc		3,044,013
	54,439	*	O’Reilly Automotive, Inc		20,728,194
	61,335	*,e	Overstock.com, Inc		1,381,264
	76,470	*,e	Party City Holdco, Inc		487,879
	23,554		Penske Auto Group, Inc		1,082,777
	11,452	e	PetMed Express, Inc		198,921
	30,130		Pool Corp		5,705,718
	52,342	*	Quotient Technology, Inc		550,638
	279,428	*	Qurate Retail Group, Inc QVC Group		3,951,112
	49,836	*	Rent-A-Center, Inc		1,347,067
	10,455	*,e	RH		1,457,427
	258,833		Ross Stores, Inc		27,444,063
	34,150	*	Rubicon Project, Inc		259,882
	74,929	*	Sally Beauty Holdings, Inc		1,029,524
	8,376	e	Shoe Carnival, Inc		212,583
	20,933	*	Shutterfly, Inc		1,061,094
	21,178		Shutterstock, Inc		812,600
	38,052		Signet Jewelers Ltd		690,263
	23,483	*	Sleep Number Corp		1,154,659
	15,333		Sonic Automotive, Inc (Class A)		422,731
	23,407	*	Sportsman’s Warehouse Holdings, Inc		105,097
	11,411	*	Stamps.com, Inc		544,875
	29,827	*,e	Stitch Fix Inc		777,888
	103,746	e	Tailored Brands, Inc		505,243
	356,927		Target Corp		30,838,493
	82,690		Tiffany & Co		7,766,245
	21,738		Tile Shop Holdings, Inc		56,301
	9,156		Tilly’s, Inc		74,988
	880,968		TJX Companies, Inc		48,065,614
	85,931		Tractor Supply Co		9,350,152
	40,200	*	Ulta Beauty, Inc		14,039,850
	50,531	*	Urban Outfitters, Inc		1,203,143
	37,439	*,e	Waitr Holdings Inc		171,845
	44,038	*	Wayfair, Inc		5,776,024
	2,435		Weyco Group, Inc		67,011
	49,891	e	Williams-Sonoma, Inc		3,326,732
	1,299		Winmark Corp		219,544
	17,443	*	Zumiez, Inc		432,063
			TOTAL RETAILING		1,269,826,073
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.7%
	26,703	*	Acacia Communications, Inc		1,793,641
	30,553	*	Advanced Energy Industries, Inc		1,784,295
	717,045	*	Advanced Micro Devices, Inc		21,834,020
	9,141	*	Alpha & Omega Semiconductor Ltd		92,781

182

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	18,560	*	Ambarella, Inc	$	927,072
	59,444	*	Amkor Technology, Inc		548,668
	263,122		Analog Devices, Inc		30,906,310
	680,571		Applied Materials, Inc		33,599,790
	15,750	*	Aquantia Corp		206,798
	17,700	*	Axcelis Technologies, Inc		284,085
	23,342	*	AXT, Inc		99,670
	276,709		Broadcom, Inc		80,242,843
	56,349		Brooks Automation, Inc		2,186,341
	23,382		Cabot Microelectronics Corp		2,844,420
	12,815	*	Ceva, Inc		356,001
	37,057	*	Cirrus Logic, Inc		1,817,646
	22,179		Cohu, Inc		336,234
	68,378	*	Cree, Inc		4,251,744
	254,698		Cypress Semiconductor Corp		5,850,413
	38,957	*	Diodes, Inc		1,659,568
	15,561	*	DSP Group, Inc		250,843
	101,674		Entegris, Inc		4,423,836
	61,203	*	First Solar, Inc		3,946,982
	40,922	*	Formfactor, Inc		686,671
	16,831	*	Ichor Holdings Ltd		424,310
	10,555	*,e	Impinj, Inc		382,091
	39,278	*	Inphi Corp		2,364,928
	3,218,846		Intel Corp		162,712,665
	118,147		Kla-Tencor Corp		16,105,799
	108,776		Lam Research Corp		22,691,761
	76,242	*	Lattice Semiconductor Corp		1,474,520
	45,361	*	MA-COM Technology Solutions		889,983
	468,835		Marvell Technology Group Ltd		12,311,607
	186,383		Maxim Integrated Products, Inc		11,032,010
	66,980	*	MaxLinear, Inc		1,472,220
	165,476	e	Microchip Technology, Inc		15,624,244
	796,669	*	Micron Technology, Inc		35,762,471
	35,526		MKS Instruments, Inc		3,024,328
	29,070		Monolithic Power Systems, Inc		4,307,011
	14,183	*	Nanometrics, Inc		445,063
	21,044	*	NeoPhotonics Corp Ltd		96,592
	2,727		NVE Corp		183,309
	415,051		NVIDIA Corp		70,027,405
	289,886	*	ON Semiconductor Corp		6,235,448
	15,059	*	PDF Solutions, Inc		201,038
	38,535	*	Photronics, Inc		371,092
	24,260		Power Integrations, Inc		2,209,358
	85,195	*	Qorvo, Inc		6,243,942
	872,340		Qualcomm, Inc		63,820,394
	61,082	*	Rambus, Inc		761,082
	42,611	*	Rudolph Technologies, Inc		1,147,088
	41,605	*	Semtech Corp		2,199,656
	32,357	*	Silicon Laboratories, Inc		3,630,779
	120,207		Skyworks Solutions, Inc		10,251,253
	12,865	*	SMART Global Holdings, Inc		391,611
	38,260	*,e	SunPower Corp		447,259
	128,511		Teradyne, Inc		7,161,918

183

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	677,170		Texas Instruments, Inc	$	84,653,022
	25,939	*	Ultra Clean Holdings		378,450
	31,041		Universal Display Corp		6,552,134
	26,815	*	Veeco Instruments, Inc		319,367
	75,196		Versum Materials, Inc		3,908,688
	181,650		Xilinx, Inc		20,746,247
	27,806		Xperi Corp		593,658
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		784,486,473
SOFTWARE & SERVICES - 12.4%
	33,444	*	2U, Inc		428,083
	76,541	*	8x8, Inc		1,849,996
	40,700	*	A10 Networks, Inc		308,506
	463,217		Accenture plc		89,206,330
	84,722	*	ACI Worldwide, Inc		2,843,270
	348,858	*	Adobe, Inc		104,259,702
	112,348	*	Akamai Technologies, Inc		9,901,229
	31,014	*	Alarm.com Holdings, Inc		1,547,909
	30,887		Alliance Data Systems Corp		4,846,788
	28,629	*	Altair Engineering, Inc		1,191,253
	32,489	*,e	Alteryx, Inc		3,818,757
	102,488		Amdocs Ltd		6,558,207
	14,904	*	American Software, Inc (Class A)		198,521
	58,611	*	Anaplan, Inc		3,337,310
	60,661	*	Ansys, Inc		12,321,462
	9,050	*	Appfolio, Inc		873,777
	22,185	*,e	Appian Corp		871,649
	49,808	*	Aspen Technology, Inc		6,568,181
	73,359	*	Atlassian Corp plc		10,279,063
	154,833	*	Autodesk, Inc		24,180,270
	314,690		Automatic Data Processing, Inc		52,402,179
	30,478	*	Avalara, Inc		2,483,347
	64,333	*	Avaya Holdings Corp		774,569
	25,085	*	Benefitfocus, Inc		626,874
	98,423	*	Black Knight, Inc		6,232,144
	36,980		Blackbaud, Inc		3,365,180
	32,086	*	Blackline, Inc		1,431,036
	94,144		Booz Allen Hamilton Holding Co		6,472,400
	23,476	*	Bottomline Technologies, Inc		988,105
	78,650	*	Box, Inc		1,300,871
	13,536	*	Brightcove, Inc		168,929
	83,711		Broadridge Financial Solutions, Inc		10,641,342
	17,412	*	CACI International, Inc (Class A)		3,746,192
	195,827	*	Cadence Design Systems, Inc		14,473,574
	63,295	*	Carbon Black, Inc		1,177,920
	19,220	*	Carbonite, Inc		344,615
	25,453	*	Cardtronics plc		724,901
	21,931		Cass Information Systems, Inc		1,116,507
	94,005		CDK Global, Inc		4,876,039
	39,097	*	Ceridian HCM Holding, Inc		2,084,261
	17,671	*	ChannelAdvisor Corp		161,336
	75,672	*	Cision Ltd		786,232
	89,724		Citrix Systems, Inc		8,455,590

184

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	140,706	*,e	Cloudera, Inc	$	841,422
	411,037		Cognizant Technology Solutions Corp (Class A)		26,774,950
	24,295	*	Commvault Systems, Inc		1,103,965
	133,288	*	Conduent, Inc		1,212,921
	41,169	*	Cornerstone OnDemand, Inc		2,437,205
	43,728	*	Coupa Software, Inc		5,934,327
	19,069		CSG Systems International, Inc		977,096
	5,864	*,e	Digimarc Corp		264,936
	55,211	*	Digital Turbine, Inc		299,796
	109,204	*	DocuSign, Inc		5,648,031
	20,166	*	Domo, Inc		559,405
	151,299	*	Dropbox, Inc		3,564,604
	191,130		DXC Technology Co		10,659,320
	13,427	e	Ebix, Inc		618,045
	26,658	*,e	Elastic NV		2,634,610
	34,278	*	Endurance International Group Holdings, Inc		162,478
	33,748	*	Envestnet, Inc		2,409,945
	36,530	*	EPAM Systems, Inc		7,079,149
	33,385	*	Euronet Worldwide, Inc		5,205,055
	23,181	*	Everbridge, Inc		2,371,416
	87,635	*	Everi Holdings, Inc		1,052,496
	57,131		EVERTEC, Inc		1,829,335
	8,619	*	Evo Payments, Inc		268,223
	29,433	*,e	Exela Technologies, Inc		77,997
	24,176	*	ExlService Holdings, Inc		1,663,067
	20,093	*	Fair Isaac Corp		6,980,710
	438,992	h	Fidelity National Information Services, Inc		58,495,746
	116,894	*	FireEye, Inc		1,753,410
	63,661	*	First American Corp		2,901,032
	397,724	*	Fiserv, Inc		41,931,993
	34,525	*	Five9, Inc		1,704,499
	60,882	*	FleetCor Technologies, Inc		17,300,838
	39,476	*	ForeScout Technologies, Inc		1,474,823
	95,945	*	Fortinet, Inc		7,705,343
	61,636	*	Gartner, Inc		8,587,744
	122,150		Genpact Ltd		4,846,912
	112,933		Global Payments, Inc		18,963,709
	125,773	*	GoDaddy, Inc		9,229,223
	26,025	*,e	GTT Communications, Inc		314,902
	56,446	*	Guidewire Software, Inc		5,762,008
	54,164		Hackett Group, Inc		889,373
	25,945	*	HubSpot, Inc		4,636,890
	15,736	*	Information Services Group, Inc		42,802
	34,169	*	Instructure, Inc		1,356,168
	17,080	*,e	Intelligent Systems Corp		838,457
	635,406		International Business Machines Corp		94,192,585
	179,816		Intuit, Inc		49,864,775
	35,144		j2 Global, Inc		3,130,979
	56,192		Jack Henry & Associates, Inc		7,850,022
	81,836		KBR, Inc		2,158,834
	97,588		Leidos Holdings, Inc		8,011,975
	74,415	*	Limelight Networks, Inc		201,665
	52,966	*	Liveperson, Inc		1,757,942

185

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	55,670	*	LiveRamp Holdings, Inc	$	2,933,252
	34,160		LogMeIn, Inc		2,595,135
	51,717	*	Manhattan Associates, Inc		4,395,428
	14,447		Mantech International Corp (Class A)		993,665
	648,418		MasterCard, Inc (Class A)		176,544,769
	52,260		MAXIMUS, Inc		3,841,633
	5,438,914		Microsoft Corp		741,160,811
	8,153	*	MicroStrategy, Inc (Class A)		1,114,760
	81,479	*	Mitek Systems, Inc		818,049
	31,573	*	MobileIron, Inc		217,854
	16,849	*	Model N, Inc		368,319
	17,102	*	MongoDB, Inc		2,449,348
	24,124		Monotype Imaging Holdings, Inc		481,756
	33,161	*	New Relic, Inc		3,089,610
	36,835		NIC, Inc		668,187
	207,856	*	Nuance Communications, Inc		3,458,724
	100,757	*	Nutanix, Inc		2,287,184
	73,017	*	Okta, Inc		9,552,814
	16,134	*	OneSpan, Inc		235,879
	1,656,236		Oracle Corp		93,246,087
	7,146	*,e	Pagerduty, Inc		315,853
	63,971	*	Palo Alto Networks, Inc		14,491,990
	231,940		Paychex, Inc		19,262,617
	32,953	*	Paycom Software, Inc		7,933,435
	23,446	*	Paylocity Holding Corp		2,393,602
	842,274	*	PayPal Holdings, Inc		92,987,050
	21,182	*,e	Paysign Inc		298,878
	30,123		Pegasystems, Inc		2,277,299
	20,483	*	Perficient, Inc		699,904
	115,944		Perspecta, Inc		2,704,974
	34,087	*	Pluralsight, Inc		1,046,130
	12,502		Presidio, Inc		175,028
	28,372		Progress Software Corp		1,228,224
	35,990	*	Proofpoint, Inc		4,541,938
	30,746	*	PROS Holdings, Inc		2,224,781
	74,335	*	PTC, Inc		5,038,426
	30,668	*	Q2 Holdings, Inc		2,449,453
	5,378		QAD, Inc (Class A)		232,007
	20,782	*	Qualys, Inc		1,798,890
	34,220	*	Rapid7, Inc		2,075,443
	53,633	*	RealPage, Inc		3,350,990
	47,466	*	RingCentral, Inc		6,739,223
	183,807		Sabre Corp		4,321,303
	74,373	*	SailPoint Technologies Holding, Inc		1,572,245
	527,309	*	salesforce.com, Inc		81,469,240
	37,583		Science Applications International Corp		3,208,461
	2,934	*,e	SecureWorks Corp		35,032
	131,444	*	ServiceNow, Inc		36,461,251
	4,538	*,e	ShotSpotter, Inc		170,583
	60,902	*	Smartsheet, Inc		3,039,619
	44,684	*,e	SolarWinds Corp		800,737
	103,472	*	Splunk, Inc		14,000,796
	15,071	*	SPS Commerce, Inc		1,685,390

186

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	238,182	*	Square, Inc	$	19,152,215
	147,937		SS&C Technologies Holdings, Inc		7,093,579
	75,308	*	SVMK, Inc		1,277,977
	62,478	e	Switch, Inc		847,826
	22,488	*	Sykes Enterprises, Inc		636,186
	428,222		Symantec Corp		9,232,466
	79,247	*,e	Synchronoss Technologies, Inc		641,108
	105,851	*	Synopsys, Inc		14,052,779
	54,262	*	Tableau Software, Inc		9,199,037
	73,826	*	Telaria, Inc		597,991
	16,825	*	TeleNav, Inc		158,660
	41,120	*	Tenable Holdings, Inc		1,030,467
	85,362	*	Teradata Corp		3,125,956
	68,861		TiVo Corp		521,966
	127,868		Total System Services, Inc		17,354,245
	24,689	*	Trade Desk, Inc		6,500,861
	7,628		TTEC Holdings, Inc		357,906
	4,944	*,e	Tucows, Inc		241,910
	82,530	*	Twilio, Inc		11,480,748
	27,573	*	Tyler Technologies, Inc		6,434,160
	31,505	*,e	Unisys Corp		390,347
	23,456	*	Upland Software, Inc		1,031,829
	26,214	*,e	USA Technologies, Inc		172,488
	27,353	*	Varonis Systems, Inc		1,966,954
	47,704	*	Verint Systems, Inc		2,760,630
	73,212	*	VeriSign, Inc		15,454,321
	69,990	*	Verra Mobility Corp		969,362
	29,371	*,e	VirnetX Holding Corp		214,702
	15,336	*	Virtusa Corp		685,212
	1,255,137		Visa, Inc (Class A)		223,414,386
	55,582		VMware, Inc (Class A)		9,698,503
	312,197		Western Union Co		6,556,137
	28,556	*	WEX, Inc		6,227,207
	114,163	*	Workday, Inc		22,830,317
	29,314	*	Workiva, Inc		1,685,262
	77,806	*	Yext, Inc		1,619,143
	72,298	*	Zendesk, Inc		6,041,221
	22,508	*	Zix Corp		205,048
	41,538	*	Zscaler, Inc		3,500,407
	60,576	*	Zuora Inc		909,246
			TOTAL SOFTWARE & SERVICES		2,646,514,380
TECHNOLOGY HARDWARE & EQUIPMENT - 5.5%
	92,051	*,e	3D Systems Corp		830,300
	27,636		Adtran, Inc		307,036
	25,139	*	Aerohive Networks, Inc		111,617
	33,387	*	Agilysys, Inc		818,983
	211,114		Amphenol Corp (Class A)		19,701,158
	27,285	*	Anixter International, Inc		1,756,063
	3,305,725		Apple, Inc		704,251,654
	28,619	*,e	Applied Optoelectronics, Inc		286,476
	42,121	*	Arista Networks, Inc		11,517,987
	166,136	*	Arlo Technologies, Inc		714,385

187

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	60,939	*	Arrow Electronics, Inc	$	4,424,781
	22,479	*	Avid Technology, Inc		230,410
	71,222		Avnet, Inc		3,234,903
	37,633		AVX Corp		573,151
	24,060		Badger Meter, Inc		1,286,969
	5,805		Bel Fuse, Inc (Class B)		95,724
	23,710		Belden CDT, Inc		1,077,857
	47,299		Benchmark Electronics, Inc		1,279,911
	21,160	*	CalAmp Corp		236,146
	29,260	*	Calix, Inc		183,753
	33,788	*	Casa Systems, Inc		222,663
	107,049		CDW Corp		12,648,910
	97,225	*	Ciena Corp		4,396,515
	3,178,108		Cisco Systems, Inc		176,067,183
	4,561	*	Clearfield, Inc		60,433
	115,009		Cognex Corp		5,061,546
	18,086	*	Coherent, Inc		2,511,241
	122,253	*	CommScope Holding Co, Inc		1,745,773
	13,332		Comtech Telecommunications Corp		396,760
	13,838	*	Control4 Corp		330,867
	552,600		Corning, Inc		16,992,450
	39,607	*	Cray, Inc		1,371,986
	19,009		CTS Corp		599,164
	19,750		Daktronics, Inc		125,215
	109,862	*	Dell Technologies, Inc		6,343,432
	59,746	*	Diebold, Inc		831,067
	10,072	*	Digi International, Inc		132,245
	43,923		Dolby Laboratories, Inc (Class A)		2,991,156
	30,498	*	EchoStar Corp (Class A)		1,388,269
	7,496	*	ePlus, Inc		568,946
	75,046	*	Extreme Networks, Inc		610,874
	42,152	*	F5 Networks, Inc		6,184,541
	32,555	*	Fabrinet		1,747,552
	9,437	*	FARO Technologies, Inc		503,841
	88,061	*	Finisar Corp		2,072,075
	203,198	*	Fitbit, Inc		853,432
	89,130		Flir Systems, Inc		4,426,196
	46,648	*	Harmonic, Inc		348,461
	1,011,650		Hewlett Packard Enterprise Co		14,537,411
	1,126,970		HP, Inc		23,711,449
	46,524	*,e	II-VI, Inc		1,847,003
	19,344	*	Immersion Corp		155,526
	208,469	*	Infinera Corp		804,690
	20,624	*	Insight Enterprises, Inc		1,134,732
	27,167		InterDigital, Inc		1,750,370
	23,238	*	IPG Photonics Corp		3,044,410
	13,759	*	Iteris, Inc		74,436
	19,770	*	Itron, Inc		1,225,740
	99,082		Jabil Circuit, Inc		3,059,652
	241,115		Juniper Networks, Inc		6,514,927
	33,541		Kemet Corp		674,845
	135,073	*	Keysight Technologies, Inc		12,091,735
	14,394	*	Kimball Electronics, Inc		228,865

188

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	49,539	*	Knowles Corp	$	1,008,119
	5,791	*	KVH Industries, Inc		58,489
	14,714		Littelfuse, Inc		2,486,077
	57,764	*	Lumentum Holdings, Inc		3,271,175
	20,788		Methode Electronics, Inc		622,601
	117,058		Motorola Solutions, Inc		19,426,946
	9,718		MTS Systems Corp		559,951
	5,930	*	Napco Security Technologies, Inc		171,674
	89,427		National Instruments Corp		3,734,472
	84,339	*	NCR Corp		2,851,502
	176,129		NetApp, Inc		10,301,785
	18,154	*	Netgear, Inc		614,513
	49,960	*	Netscout Systems, Inc		1,300,958
	12,070	*	nLight, Inc		198,431
	26,217	*	Novanta, Inc		2,204,588
	15,364	*	OSI Systems, Inc		1,729,372
	8,426	*,e	PAR Technology Corp		218,992
	17,810		Park Aerospace Corp		323,964
	5,105		PC Connection, Inc		166,985
	6,724	*	PC Mall, Inc		234,197
	19,541		Plantronics, Inc		750,374
	26,786	*	Plexus Corp		1,599,392
	163,453	*	Pure Storage, Inc		2,474,678
	26,337	*	Ribbon Communications, Inc		129,578
	14,957	*	Rogers Corp		2,373,078
	43,947	*	Sanmina Corp		1,395,317
	14,787	*	Scansource, Inc		502,019
	29,338	*	Stratasys Ltd		818,237
	33,660	*	Synaptics, Inc		1,083,179
	30,708		Synnex Corp		3,025,966
	23,188	*	Tech Data Corp		2,349,872
	177,848	*	Trimble Navigation Ltd		7,515,856
	52,051	*	TTM Technologies, Inc		544,453
	12,448	e	Ubiquiti Networks, Inc		1,602,431
	39,316	*	Viasat, Inc		3,207,792
	179,207	*	Viavi Solutions, Inc		2,628,967
	80,519		Vishay Intertechnology, Inc		1,368,823
	6,505	*	Vishay Precision Group, Inc		265,014
	197,265		Western Digital Corp		10,630,611
	149,088		Xerox Corp		4,785,725
	36,541	*	Zebra Technologies Corp (Class A)		7,706,131
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		1,183,550,132
TELECOMMUNICATION SERVICES - 1.9%
	5,230,397		AT&T, Inc		178,095,018
	5,617		ATN International, Inc		316,069
	11,426	*	Bandwidth Inc		851,237
	47,700	*	Boingo Wireless, Inc		716,454
	779,204		CenturyLink, Inc		9,420,576
	31,358	*	Cincinnati Bell, Inc		119,788
	27,208		Cogent Communications Group, Inc		1,714,376
	38,093	e	Consolidated Communications Holdings, Inc		179,418
	66,952	*,e	Frontier Communications Corp		88,377

189

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	45,025	*,e	Gogo, Inc	$	188,655
	56,168	*	IDT Corp (Class B)		570,667
	52,280	*,e	Intelsat S.A.		1,183,619
	80,615	*	Iridium Communications, Inc		2,050,846
	9,912	*	Ooma, Inc		129,153
	50,663	*	Orbcomm, Inc		296,885
	197,627	*,e	Pareteum Corp		691,695
	5,260	*	pdvWireless, Inc		234,017
	26,204		Shenandoah Telecom Co		1,031,389
	13,824		Spok Holdings, Inc		179,574
	402,004	*	Sprint Corp		2,946,689
	72,628		Telephone & Data Systems, Inc		2,348,790
	222,454	*	T-Mobile US, Inc		17,736,257
	8,691	*	US Cellular Corp		416,212
	2,979,880		Verizon Communications, Inc		164,697,968
	194,410	*	Vonage Holdings Corp		2,410,684
	161,054	*	Zayo Group Holdings, Inc		5,432,351
			TOTAL TELECOMMUNICATION SERVICES		394,046,764
TRANSPORTATION - 2.0%
	33,348	*	Air Transport Services Group, Inc		777,342
	90,035		Alaska Air Group, Inc		5,704,618
	8,785		Allegiant Travel Co		1,316,432
	5,941		Amerco, Inc		2,299,167
	286,641		American Airlines Group, Inc		8,745,417
	19,628		Arkansas Best Corp		587,466
	24,854	*	Atlas Air Worldwide Holdings, Inc		1,134,585
	43,060	*	Avis Budget Group, Inc		1,566,953
	94,450		CH Robinson Worldwide, Inc		7,908,299
	26,011		Copa Holdings S.A. (Class A)		2,629,712
	32,803		Costamare, Inc		197,802
	7,137	*	Covenant Transportation Group, Inc		120,258
	552,766		CSX Corp		38,914,726
	14,049	*	Daseke, Inc		51,981
	417,128		Delta Air Lines, Inc		25,461,493
	22,066	*,e	Eagle Bulk Shipping, Inc		102,166
	15,234	*	Echo Global Logistics, Inc		320,828
	129,216		Expeditors International of Washington, Inc		9,865,642
	173,357		FedEx Corp		29,562,569
	16,557		Forward Air Corp		1,043,091
	5,547	*	Genco Shipping & Trading Ltd		53,362
	41,770	*	Genesee & Wyoming, Inc (Class A)		4,586,764
	29,329		Hawaiian Holdings, Inc		762,261
	32,998		Heartland Express, Inc		654,680
	104,773	*	Hertz Global Holdings, Inc		1,626,077
	18,642	*	Hub Group, Inc (Class A)		845,415
	59,730		JB Hunt Transport Services, Inc		6,114,560
	224,244	*	JetBlue Airways Corp		4,312,212
	70,861		Kansas City Southern Industries, Inc		8,768,340
	37,362	*	Kirby Corp		2,927,686
	83,181		Knight-Swift Transportation Holdings, Inc		2,981,207
	25,429		Landstar System, Inc		2,829,485
	23,377	*	Lyft, Inc (Class A)		1,422,958

190

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	45,827		Macquarie Infrastructure Co LLC	$	1,899,071
	21,744		Marten Transport Ltd		436,402
	38,795		Matson, Inc		1,587,103
	191,299		Norfolk Southern Corp		36,561,065
	44,310		Old Dominion Freight Line		7,398,884
	4,793		Park-Ohio Holdings Corp		146,666
	26,098	*	Radiant Logistics, Inc		143,278
	41,932		Ryder System, Inc		2,233,298
	33,901	*	Safe Bulkers, Inc		68,819
	23,550	*	Saia, Inc		1,796,865
	57,200		Schneider National, Inc		1,103,960
	34,522		Scorpio Bulkers, Inc		207,477
	31,683		Skywest, Inc		1,923,475
	349,234		Southwest Airlines Co		17,996,028
	49,971	*	Spirit Airlines, Inc		2,120,270
	129,289	*,e	Uber Technologies, Inc		5,448,238
	507,263		Union Pacific Corp		91,281,977
	175,716	*	United Continental Holdings, Inc		16,150,058
	497,576		United Parcel Service, Inc (Class B)		59,445,405
	2,477		Universal Truckload Services, Inc		48,772
	10,589	*,e	US Xpress Enterprises, Inc		53,898
	48,417	e	Werner Enterprises, Inc		1,605,024
	65,475	*	XPO Logistics, Inc		4,418,253
	29,117	*	YRC Worldwide, Inc		94,921
			TOTAL TRANSPORTATION		430,364,761
UTILITIES - 3.2%
	474,310		AES Corp		7,963,665
	43,324		Allete, Inc		3,767,022
	176,067		Alliant Energy Corp		8,722,359
	171,104		Ameren Corp		12,950,862
	355,542		American Electric Power Co, Inc		31,220,143
	29,906		American States Water Co		2,316,818
	127,184		American Water Works Co, Inc		14,598,180
	149,956		Aqua America, Inc		6,290,654
	8,406	*	AquaVenture Holdings Ltd		144,835
	4,175		Artesian Resources Corp		150,216
	78,190	*,e	Atlantic Power Corp		186,874
	85,019		Atmos Energy Corp		9,270,472
	46,455		Avangrid, Inc		2,348,300
	52,011		Avista Corp		2,394,066
	47,990		Black Hills Corp		3,798,409
	11,214	*,e	Cadiz, Inc		121,335
	38,876		California Water Service Group		2,075,590
	357,210		Centerpoint Energy, Inc		10,362,662
	9,211		Chesapeake Utilities Corp		860,860
	19,052		Clearway Energy, Inc (Class A)		327,123
	37,582		Clearway Energy, Inc (Class C)		677,228
	196,883		CMS Energy Corp		11,462,528
	16,415		Connecticut Water Service, Inc		1,147,409
	234,610		Consolidated Edison, Inc		19,932,466
	5,918		Consolidated Water Co, Inc		83,030
	573,953		Dominion Resources, Inc		42,638,968

191

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	131,151		DTE Energy Co	$	16,670,604
	521,798		Duke Energy Corp		45,250,323
	223,045		Edison International		16,625,774
	32,103		El Paso Electric Co		2,127,145
	135,934		Entergy Corp		14,357,349
	174,464		Evergy, Inc		10,553,327
	232,477		Eversource Energy		17,635,705
	689,098		Exelon Corp		31,050,756
	380,202		FirstEnergy Corp		16,717,482
	57,069	e	Genie Energy Ltd		628,900
	5,614		Global Water Resources, Inc		71,073
	79,271		Hawaiian Electric Industries, Inc		3,551,341
	35,770		Idacorp, Inc		3,650,686
	150,466		MDU Resources Group, Inc		4,023,461
	25,821		MGE Energy, Inc		1,914,627
	9,879		Middlesex Water Co		618,722
	56,119		National Fuel Gas Co		2,679,121
	72,067		New Jersey Resources Corp		3,593,981
	348,641		NextEra Energy, Inc		72,227,956
	260,888		NiSource, Inc		7,745,765
	24,233		Northwest Natural Holding Co		1,730,721
	38,146		NorthWestern Corp		2,667,168
	190,466		NRG Energy, Inc		6,502,509
	144,852		OGE Energy Corp		6,221,393
	37,812		ONE Gas, Inc		3,447,698
	33,124		Ormat Technologies, Inc		2,171,278
	27,175		Otter Tail Corp		1,450,602
	72,047		Pattern Energy Group, Inc		1,652,038
	379,110	*,b	PG&E Corp		6,873,264
	79,196		Pinnacle West Capital Corp		7,224,259
	57,247		PNM Resources, Inc		2,843,458
	72,918		Portland General Electric Co		3,999,552
	500,422		PPL Corp		14,827,504
	363,019		Public Service Enterprise Group, Inc		20,746,536
	8,678	*	Pure Cycle Corp		94,330
	3,652		RGC Resources, Inc		105,105
	194,667		Sempra Energy		26,363,752
	17,630		SJW Corp		1,144,011
	68,657		South Jersey Industries, Inc		2,337,771
	736,238		Southern Co		41,376,576
	40,004		Southwest Gas Corp		3,556,756
	7,128	e	Spark Energy, Inc		77,980
	42,596		Spire, Inc		3,510,336
	43,814		TerraForm Power, Inc		675,174
	119,271		UGI Corp		6,093,555
	11,971		Unitil Corp		701,141
	276,044		Vistra Energy Corp		5,923,904
	225,696		WEC Energy Group, Inc		19,287,980
	362,979		Xcel Energy, Inc		21,637,178
	7,032		York Water Co		252,941
			TOTAL UTILITIES		683,002,642
			TOTAL COMMON STOCKS		21,338,961,543
			(Cost $13,313,452,267)

192

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
RIGHTS / WARRANTS - 0.0%
COMMERCIAL & PROFESSIONAL SERVICES - 0.0%
	57,537	†	Media General, Inc	$	0
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		0
MATERIALS - 0.0%
	16,652	†	A Schulman, Inc		7,210
	208,358	†	Pan American Silver Corp		46,943
			TOTAL MATERIALS		54,153
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	1,988	†	Omthera Pharmaceuticals, Inc		1,193
	4,598		Tobira Therapeutics, Inc		276
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		1,469
			TOTAL RIGHTS / WARRANTS		55,622
			(Cost $156,620)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.9%
GOVERNMENT AGENCY DEBT - 0.2%
$	49,750,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		49,750,000
			TOTAL GOVERNMENT AGENCY DEBT						49,750,000
TREASURY DEBT - 0.2%
	31,590,000		United States Treasury Bill		2.062		08/20/19		31,556,238
			TOTAL TREASURY DEBT						31,556,238
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.5%
	116,079,665	c	State Street Navigator Securities Lending Government Money Market Portfolio						116,079,665
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						116,079,665
			TOTAL SHORT-TERM INVESTMENTS						197,385,903
			(Cost $197,385,320)
			TOTAL INVESTMENTS - 100.8%						21,536,403,068
			(Cost $13,510,994,207)
			OTHER ASSETS & LIABILITIES, NET - (0.8)%						(168,073,699	)
			NET ASSETS - 100.0%					$	21,368,329,369

	Abbreviation(s):
REIT	Real Estate Investment Trust

*	Non-income producing
h	All or a portion of these securities were purchased on a delayed delivery basis.

193

TIAA-CREF FUNDS - Equity Index Fund

†	Security is categorized as Level 3 in the fair value hierarchy.
b	In bankruptcy
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin requirements on open futures contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $168,327,738.

Futures contracts outstanding as of July 31, 2019 were as follows:

Description	Number of long (short) contracts	Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
Russell 2000 E Mini Index	25	09/20/19	$	1,970,577	$	1,970,875	$	298
S&P 500 E Mini Index	101	09/20/19		15,252,093		15,060,615		(191,478	)
S&P Mid-Cap 400 E Mini Index	5	09/20/19		988,602		984,050		(4,552	)
Total	131		$	18,211,272	$	18,015,540	$	(195,732	)

194

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

TIAA-CREF FUNDS

LARGE-CAP GROWTH INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 0.2%
	8,828		Aptiv plc	$	773,774
	72,964	*,e	Tesla, Inc		17,628,832
			TOTAL AUTOMOBILES & COMPONENTS		18,402,606
BANKS - 0.1%
	4,036		CIT Group, Inc		204,020
	4,603		Comerica, Inc		336,940
	15,396		First Republic Bank		1,529,747
	3,943	*	LendingTree, Inc		1,271,775
	13,607		Signature Bank		1,734,348
	1,966	*	SVB Financial Group		456,053
	5,770		Synovus Financial Corp		220,241
	5,242	*	Western Alliance Bancorp		259,164
			TOTAL BANKS		6,012,288
CAPITAL GOODS - 6.2%
	222,288		3M Co		38,838,159
	11,618		A.O. Smith Corp		528,038
	5,344		Acuity Brands, Inc		717,272
	7,965		Air Lease Corp		332,857
	36,210		Allegion plc		3,749,183
	59,357		Allison Transmission Holdings, Inc		2,727,454
	94,964		Ametek, Inc		8,509,724
	25,027		Armstrong World Industries, Inc		2,445,388
	275,174		Boeing Co		93,883,865
	40,386		BWX Technologies, Inc		2,177,209
	26,511		Carlisle Cos, Inc		3,823,151
	22,169		Caterpillar, Inc		2,918,992
	17,931		Deere & Co		2,970,270
	69,875		Donaldson Co, Inc		3,490,256
	32,477		Dover Corp		3,145,398
	27,293		Emerson Electric Co		1,770,770
	264,828		Fastenal Co		8,156,702
	14,482		Flowserve Corp		724,535
	33,862		Fortive Corp		2,575,205
	22,752		Fortune Brands Home & Security, Inc		1,249,995
	8,749		General Dynamics Corp		1,626,789
	85,567		Graco, Inc		4,114,061
	21,210		HEICO Corp		2,900,468
	40,330		HEICO Corp (Class A)		4,250,379
	40,440		Hexcel Corp		3,306,374
	185,033		Honeywell International, Inc		31,910,791
	15,288		Hubbell, Inc		1,985,605
	16,509		Huntington Ingalls		3,769,005

195

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	19,331		IDEX Corp	$	3,251,861
	168,236		Illinois Tool Works, Inc		25,947,038
	117,763		Ingersoll-Rand plc		14,562,573
	58,044	*	L3Harris Technologies, Inc		12,049,934
	17,057		Lennox International, Inc		4,374,779
	31,283		Lincoln Electric Holdings, Inc		2,644,039
	128,091		Lockheed Martin Corp		46,390,718
	28,336	*	Middleby Corp		3,807,792
	27,086		Nordson Corp		3,837,003
	82,451		Northrop Grumman Corp		28,492,592
	21,023		Quanta Services, Inc		786,681
	88,857		Raytheon Co		16,197,743
	60,613		Rockwell Automation, Inc		9,745,358
	8,128		Roper Industries, Inc		2,955,747
	34,238	*	Sensata Technologies Holding plc		1,623,908
	47,384		Spirit Aerosystems Holdings, Inc (Class A)		3,640,987
	54,112		Toro Co		3,940,436
	20,893	*	TransDigm Group, Inc		10,142,298
	28,491	*	United Rentals, Inc		3,605,536
	23,354		W.W. Grainger, Inc		6,796,715
	23,567	*	WABCO Holdings, Inc		3,120,507
	23,091	e	Wabtec Corp		1,793,709
	23,051		Woodward Governor Co		2,582,634
	91,641		Xylem, Inc		7,357,856
			TOTAL CAPITAL GOODS		458,246,339
COMMERCIAL & PROFESSIONAL SERVICES - 1.3%
	43,967		Cintas Corp		11,450,765
	103,351	*	Copart, Inc		8,012,803
	18,529	*	CoStar Group, Inc		11,402,747
	53,780		Equifax, Inc		7,480,260
	62,750	*	IAA, Inc		2,933,563
	127,469	*	IHS Markit Ltd		8,211,553
	62,750		KAR Auction Services, Inc		1,677,935
	22,733		Nielsen NV		526,496
	9,014		Republic Services, Inc		799,091
	58,341		Robert Half International, Inc		3,524,380
	75,777		Rollins, Inc		2,540,803
	95,742		TransUnion		7,926,480
	82,344		Verisk Analytics, Inc		12,493,232
	172,056		Waste Management, Inc		20,130,552
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		99,110,660
CONSUMER DURABLES & APPAREL - 1.6%
	30,215	*	Capri Holdings Ltd		1,075,352
	10,174		Carter’s, Inc		946,385
	9,987		Columbia Sportswear Co		1,058,422
	142,683		Hanesbrands, Inc		2,295,769
	59,369		Hasbro, Inc		7,193,148
	4,039		Lennar Corp (B Shares)		153,482
	59,380		Lennar Corp (Class A)		2,824,707
	61,573	*	Lululemon Athletica, Inc		11,765,985
	120,982	*,e	Mattel, Inc		1,766,337

196

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	641,527		Nike, Inc (Class B)	$	55,190,568
	1,635	*	NVR, Inc		5,467,669
	26,350		Polaris Industries, Inc		2,494,555
	44,024	*	Roku, Inc		4,549,000
	30,946	*	Skechers U.S.A., Inc (Class A)		1,174,091
	24,679	*	Tempur Sealy International, Inc		1,979,749
	69,480	*	Under Armour, Inc (Class A)		1,602,904
	71,506	*	Under Armour, Inc (Class C)		1,454,432
	157,500		VF Corp		13,763,925
			TOTAL CONSUMER DURABLES & APPAREL		116,756,480
CONSUMER SERVICES - 2.6%
	29,390	*	Bright Horizons Family Solutions		4,469,337
	13,388	*	Chipotle Mexican Grill, Inc (Class A)		10,650,556
	7,423		Choice Hotels International, Inc		636,968
	62,987		Darden Restaurants, Inc		7,656,700
	21,247		Domino’s Pizza, Inc		5,195,529
	41,779		Dunkin Brands Group, Inc		3,349,005
	2,257	*	Grand Canyon Education, Inc		245,494
	21,137		H&R Block, Inc		585,284
	6,393	*	Hilton Grand Vacations, Inc		209,051
	149,292		Hilton Worldwide Holdings, Inc		14,414,143
	83,521		Las Vegas Sands Corp		5,048,009
	143,622		Marriott International, Inc (Class A)		19,972,075
	64,353		McDonald’s Corp		13,560,464
	22,905		MGM Resorts International		687,608
	22,292	*	Norwegian Cruise Line Holdings Ltd		1,102,116
	43,320	*	Planet Fitness, Inc		3,407,551
	32,646		Service Corp International		1,506,286
	11,017	*	ServiceMaster Global Holdings, Inc		586,435
	3,781		Six Flags Entertainment Corp		199,750
	629,599		Starbucks Corp		59,616,729
	18,354		Vail Resorts, Inc		4,524,628
	102,259		Wendy’s		1,860,091
	14,542		Wyndham Hotels & Resorts, Inc		822,350
	41,439		Wynn Resorts Ltd		5,389,971
	154,527		Yum China Holdings, Inc		7,030,979
	141,331		Yum! Brands, Inc		15,902,564
			TOTAL CONSUMER SERVICES		188,629,673
DIVERSIFIED FINANCIALS - 2.4%
	199,083		American Express Co		24,759,953
	10,843		Ameriprise Financial, Inc		1,577,765
	13,997		CBOE Holdings, Inc		1,530,012
	372,443		Charles Schwab Corp		16,096,986
	4,730	*	Credit Acceptance Corp		2,261,082
	58,073		Discover Financial Services		5,211,471
	27,659		E*TRADE Financial Corp		1,349,483
	7,428		Evercore Partners, Inc (Class A)		641,556
	19,210		Factset Research Systems, Inc		5,326,933
	10,068		Interactive Brokers Group, Inc (Class A)		516,086
	115,838		IntercontinentalExchange Group, Inc		10,177,527
	98,942		iShares Russell 1000 Growth Index Fund		15,961,323

197

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	20,422		Lazard Ltd (Class A)	$	790,536
	43,350		LPL Financial Holdings, Inc		3,635,764
	19,151		MarketAxess Holdings, Inc		6,454,653
	85,257		Moody’s Corp		18,273,985
	10,690		Morningstar, Inc		1,624,666
	42,558		MSCI, Inc (Class A)		9,670,880
	15,028		Raymond James Financial, Inc		1,212,309
	127,879		S&P Global, Inc		31,323,961
	31,435		SEI Investments Co		1,873,212
	95,538		Synchrony Financial		3,427,903
	33,999		T Rowe Price Group, Inc		3,855,147
	121,647		TD Ameritrade Holding Corp		6,216,162
	20,631		Virtu Financial, Inc		447,280
	4,389		Voya Financial, Inc		246,530
			TOTAL DIVERSIFIED FINANCIALS		174,463,165
ENERGY - 0.3%
	67,348		Anadarko Petroleum Corp		4,960,854
	143,126		Cabot Oil & Gas Corp		2,742,294
	68,514	*	Cheniere Energy, Inc		4,463,687
	17,491		Diamondback Energy, Inc		1,809,094
	10,633		Equitrans Midstream Corp		176,401
	67,150		ONEOK, Inc		4,705,872
	78,671	*	Parsley Energy, Inc		1,305,152
	36,515		Pioneer Natural Resources Co		5,040,531
			TOTAL ENERGY		25,203,885
FOOD & STAPLES RETAILING - 1.1%
	4,714		Casey’s General Stores, Inc		763,244
	227,933		Costco Wholesale Corp		62,825,173
	40,490	*	Sprouts Farmers Market, Inc		685,496
	247,259		Sysco Corp		16,954,549
			TOTAL FOOD & STAPLES RETAILING		81,228,462
FOOD, BEVERAGE & TOBACCO - 2.9%
	472,385		Altria Group, Inc		22,235,162
	25,439		Brown-Forman Corp (Class A)		1,357,425
	82,155		Brown-Forman Corp (Class B)		4,502,916
	53,921	e	Campbell Soup Co		2,229,094
	1,361,369		Coca-Cola Co		71,648,851
	65,708		Hershey Co		9,970,532
	48,257		Kellogg Co		2,809,523
	19,370		Lamb Weston Holdings, Inc		1,300,114
	40,638		McCormick & Co, Inc		6,442,748
	201,190	*	Monster Beverage Corp		12,970,719
	612,293		PepsiCo, Inc		78,257,168
	9,637	*	Pilgrim’s Pride Corp		260,777
	14,908	*	Post Holdings, Inc		1,598,436
	4,797	*	TreeHouse Foods, Inc		284,654
			TOTAL FOOD, BEVERAGE & TOBACCO		215,868,119
HEALTH CARE EQUIPMENT & SERVICES - 6.5%
	387,644		Abbott Laboratories		33,763,793

198

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	22,848	*	Abiomed, Inc	$	6,364,539
	41,346	*	Align Technology, Inc		8,644,622
	79,373		AmerisourceBergen Corp		6,917,357
	39,265		Anthem, Inc		11,567,862
	118,804		Baxter International, Inc		9,975,972
	11,934		Becton Dickinson & Co		3,016,915
	721,657	*	Boston Scientific Corp		30,641,556
	10,747		Cantel Medical Corp		991,733
	175,041	*	Centene Corp		9,117,886
	168,607		Cerner Corp		12,080,692
	7,848		Chemed Corp		3,181,501
	58,383		Cigna Corp		9,920,439
	3,561		Cooper Cos, Inc		1,201,481
	17,289		Danaher Corp		2,429,104
	47,842	*	DexCom, Inc		7,504,974
	107,485	*	Edwards Lifesciences Corp		22,878,182
	28,863		Encompass Health Corp		1,842,614
	17,526	*	Guardant Health, Inc		1,647,269
	84,077		HCA Healthcare, Inc		11,225,120
	10,436	*	Henry Schein, Inc		694,411
	17,674		Hill-Rom Holdings, Inc		1,884,755
	109,583	*	Hologic, Inc		5,616,129
	29,646		Humana, Inc		8,797,450
	2,997	*	ICU Medical, Inc		762,557
	44,193	*	IDEXX Laboratories, Inc		12,464,636
	30,767	*	Insulet Corp		3,782,495
	59,586	*	Intuitive Surgical, Inc		30,955,523
	2,787	*	Laboratory Corp of America Holdings		466,878
	24,090	*	Masimo Corp		3,802,606
	11,840		McKesson Corp		1,645,168
	30,804	*	Medidata Solutions, Inc		2,814,561
	26,397	*	Molina Healthcare, Inc		3,504,994
	17,171	*,e	Penumbra, Inc		2,877,860
	73,741		Resmed, Inc		9,490,467
	2,487		STERIS plc		370,215
	178,394		Stryker Corp		37,423,493
	23,620		Teleflex, Inc		8,024,659
	491,193		UnitedHealth Group, Inc		122,311,969
	47,105	*	Varian Medical Systems, Inc		5,528,714
	66,414	*	Veeva Systems, Inc		11,018,083
	23,986	*	WellCare Health Plans, Inc		6,889,978
	28,329		West Pharmaceutical Services, Inc		3,888,722
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		479,929,934
HOUSEHOLD & PERSONAL PRODUCTS - 0.7%
	125,937		Church & Dwight Co, Inc		9,500,687
	53,204		Clorox Co		8,650,970
	112,030		Estee Lauder Cos (Class A)		20,634,806
	9,893	*	Herbalife Ltd		405,811
	75,425		Procter & Gamble Co		8,903,167
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		48,095,441

199

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
INSURANCE - 1.0%
	783		Alleghany Corp	$	536,927
	123,967		Aon plc		23,460,755
	26,666	*	Arch Capital Group Ltd		1,031,707
	19,945		Arthur J. Gallagher & Co		1,803,626
	31,671	*	Athene Holding Ltd		1,294,077
	7,787		Axis Capital Holdings Ltd		495,798
	6,060		Brown & Brown, Inc		217,736
	9,184		Erie Indemnity Co (Class A)		2,045,920
	6,250		Everest Re Group Ltd		1,541,500
	5,832		Kemper Corp		513,333
	550	*	Markel Corp		612,661
	232,340		Marsh & McLennan Cos, Inc		22,955,192
	15,553		Primerica, Inc		1,908,198
	97,640		Progressive Corp		7,906,887
	8,518		RenaissanceRe Holdings Ltd		1,543,036
	21,712		Travelers Cos, Inc		3,183,413
			TOTAL INSURANCE		71,050,766
MATERIALS - 1.4%
	16,007		Air Products & Chemicals, Inc		3,653,918
	14,708		Aptargroup, Inc		1,779,962
	40,299		Avery Dennison Corp		4,629,146
	32,513	*	Axalta Coating Systems Ltd		963,360
	169,118		Ball Corp		12,088,555
	25,887	*	Berry Plastics Group, Inc		1,166,209
	11,183		CF Industries Holdings, Inc		554,229
	38,411	*	Crown Holdings, Inc		2,458,688
	20,339		Eagle Materials, Inc		1,683,662
	130,261		Ecolab, Inc		26,277,552
	44,256	*	Element Solutions, Inc		443,445
	9,807		Martin Marietta Materials, Inc		2,429,684
	3,749		NewMarket Corp		1,580,616
	39,257		PPG Industries, Inc		4,608,379
	12,470		Royal Gold, Inc		1,427,192
	11,024		RPM International, Inc		747,758
	20,199		Scotts Miracle-Gro Co (Class A)		2,265,924
	5,802		Sealed Air Corp		242,466
	42,884		Sherwin-Williams Co		22,001,207
	30,486		Southern Copper Corp (NY)		1,091,094
	62,963		Vulcan Materials Co		8,710,931
	29,227		WR Grace and Co		1,981,883
			TOTAL MATERIALS		102,785,860
MEDIA & ENTERTAINMENT - 11.6%
	20,959		Activision Blizzard, Inc		1,021,542
	155,743	*	Alphabet, Inc (Class A)		189,726,122
	158,101	*	Alphabet, Inc (Class C)		192,358,325
	168,211		Altice USA, Inc		4,341,526
	22,432	*	AMC Networks, Inc		1,197,420
	2,223		Cable One, Inc		2,704,946
	156,706		CBS Corp (Class B)		8,071,926
	48,636	*	Charter Communications, Inc		18,743,342
	1,102,946		Comcast Corp (Class A)		47,614,179

200

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	138,518	*	Electronic Arts, Inc	$	12,812,915
	1,242,768	*	Facebook, Inc		241,382,829
	17,416		Fox Corp (Class A)		649,965
	8,089		Fox Corp (Class B)		300,911
	22,096	*	IAC/InterActiveCorp		5,282,049
	18,139		Interpublic Group of Cos, Inc		415,746
	69,142	*	Live Nation, Inc		4,982,373
	1,258	*	Madison Square Garden Co		364,870
	27,624	e	Match Group, Inc		2,079,811
	219,013	*	NetFlix, Inc		70,739,009
	15,570		New York Times Co (Class A)		555,538
	17,710		Nexstar Broadcasting Group, Inc (Class A)		1,802,347
	59,413		Omnicom Group, Inc		4,766,111
	28,869		Sinclair Broadcast Group, Inc (Class A)		1,450,667
	724,956	e	Sirius XM Holdings, Inc		4,538,225
	61,910	*	Spotify Technology S.A.		9,592,335
	26,591	*	Take-Two Interactive Software, Inc		3,257,929
	52,873	*	TripAdvisor, Inc		2,334,343
	391,453	*	Twitter, Inc		16,562,376
	22,239		World Wrestling Entertainment, Inc (Class A)		1,618,554
	94,527	*	Zynga, Inc		603,082
			TOTAL MEDIA & ENTERTAINMENT		851,871,313
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.7%
	769,863		AbbVie, Inc		51,288,273
	15,607		Agilent Technologies, Inc		1,083,282
	2,823	*	Agios Pharmaceuticals, Inc		135,815
	85,426	*	Alexion Pharmaceuticals, Inc		9,677,912
	45,742	*	Alnylam Pharmaceuticals, Inc		3,549,122
	290,782		Amgen, Inc		54,254,106
	34,945	*	Biogen Idec, Inc		8,310,620
	92,917	*	BioMarin Pharmaceutical, Inc		7,370,176
	19,409		Bio-Techne Corp		4,078,801
	348,352		Bristol-Myers Squibb Co		15,470,312
	52,961		Bruker BioSciences Corp		2,534,184
	365,305	*	Celgene Corp		33,556,917
	24,639	*	Charles River Laboratories International, Inc		3,314,931
	445,737		Eli Lilly & Co		48,563,046
	67,244	*	Exact Sciences Corp		7,740,457
	62,450	*	Exelixis, Inc		1,328,312
	94,131		Gilead Sciences, Inc		6,167,463
	10,796	*	Horizon Pharma plc		268,712
	76,017	*	Illumina, Inc		22,757,969
	92,064	*	Incyte Corp		7,818,075
	66,976	*	Ionis Pharmaceuticals, Inc		4,411,039
	39,248	*	IQVIA Holdings, Inc		6,247,104
	25,148	*	Jazz Pharmaceuticals plc		3,505,128
	209,130		Johnson & Johnson		27,232,909
	1,269,961		Merck & Co, Inc		105,394,063
	12,678	*	Mettler-Toledo International, Inc		9,594,077
	12,563	*	Moderna, Inc		164,575
	13,133	*	Nektar Therapeutics		373,765
	47,973	*	Neurocrine Biosciences, Inc		4,624,118

201

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	12,411	*	PerkinElmer, Inc	$	1,068,835
	30,566	*	PRA Health Sciences, Inc		3,053,849
	8,625	*	Regeneron Pharmaceuticals, Inc		2,628,555
	27,015	*	Sage Therapeutics, Inc		4,331,585
	37,592	*	Sarepta Therapeutics, Inc		5,595,569
	58,090	*	Seattle Genetics, Inc		4,397,994
	140,710		Thermo Fisher Scientific, Inc		39,072,353
	132,830	*	Vertex Pharmaceuticals, Inc		22,132,135
	35,508	*	Waters Corp		7,476,565
	249,180		Zoetis, Inc		28,628,290
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		569,200,993
REAL ESTATE - 2.4%
	56,391		American Homes 4 Rent		1,365,226
	228,116		American Tower Corp		48,273,908
	97,945		Americold Realty Trust		3,284,096
	48,172		Brookfield Property REIT, Inc		930,201
	63,198	*	CBRE Group, Inc		3,350,126
	55,276		Colony Capital, Inc		312,309
	14,626		Coresite Realty		1,532,951
	215,799		Crown Castle International Corp		28,757,375
	43,351		Equinix, Inc		21,766,537
	44,635		Equity Lifestyle Properties, Inc		5,545,899
	53,197		Extra Space Storage, Inc		5,978,811
	7,275	*	Howard Hughes Corp		982,125
	16,325		Iron Mountain, Inc		480,118
	3,033		Jones Lang LaSalle, Inc		441,878
	43,503		Lamar Advertising Co		3,520,263
	11,183		Outfront Media, Inc		303,954
	58,260		Public Storage, Inc		14,143,198
	58,445	*	SBA Communications Corp		14,342,987
	140,960		Simon Property Group, Inc		22,863,712
	10,370		Sun Communities, Inc		1,377,240
	7,570		UDR, Inc		348,674
			TOTAL REAL ESTATE		179,901,588
RETAILING - 10.1%
	8,391		Advance Auto Parts, Inc		1,264,020
	215,085	*	Amazon.com, Inc		401,516,376
	12,876	*	AutoZone, Inc		14,460,263
	24,033		Best Buy Co, Inc		1,839,245
	22,531	*	Booking Holdings, Inc		42,507,210
	34,216	*	Burlington Stores, Inc		6,184,542
	40,184	*	CarMax, Inc		3,526,548
	20,252	*,e	Carvana Co		1,287,217
	126,416		Dollar General Corp		16,942,272
	65,401	*	Dollar Tree, Inc		6,654,552
	427,958		eBay, Inc		17,627,590
	61,055	*	Etsy, Inc		4,091,906
	61,419		Expedia, Inc		8,152,758
	27,988	*	Five Below, Inc		3,287,470
	37,712	*	Floor & Decor Holdings, Inc		1,476,425
	46,044	*	GrubHub, Inc		3,113,956

202

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	325,891		Home Depot, Inc	$	69,639,648
	18,302		L Brands, Inc		474,937
	24,395	*	LKQ Corp		656,957
	414,971		Lowe’s Companies, Inc		42,078,059
	60,208	e	Nordstrom, Inc		1,993,487
	26,914	*	Ollie’s Bargain Outlet Holdings, Inc		2,279,347
	40,024	*	O’Reilly Automotive, Inc		15,239,538
	20,521		Pool Corp		3,886,062
	186,263		Ross Stores, Inc		19,749,466
	13,534		Target Corp		1,169,338
	631,217		TJX Companies, Inc		34,439,200
	63,050		Tractor Supply Co		6,860,471
	29,213	*	Ulta Beauty, Inc		10,202,640
	31,687	*	Wayfair, Inc		4,156,067
	10,251		Williams-Sonoma, Inc		683,537
			TOTAL RETAILING		747,441,104
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.3%
	519,922	*	Advanced Micro Devices, Inc		15,831,625
	25,427		Analog Devices, Inc		2,986,655
	265,177		Applied Materials, Inc		13,091,789
	201,036		Broadcom, Inc		58,298,429
	4,088	*	Cree, Inc		254,192
	68,837		Entegris, Inc		2,995,098
	84,175		Kla-Tencor Corp		11,474,736
	68,513		Lam Research Corp		14,292,497
	52,216		Maxim Integrated Products, Inc		3,090,665
	33,436	e	Microchip Technology, Inc		3,157,027
	21,701		Monolithic Power Systems, Inc		3,215,220
	303,665		NVIDIA Corp		51,234,359
	631,770		Qualcomm, Inc		46,220,293
	4,412		Skyworks Solutions, Inc		376,255
	87,383		Teradyne, Inc		4,869,855
	488,196		Texas Instruments, Inc		61,029,382
	22,330		Universal Display Corp		4,713,416
	58,141		Versum Materials, Inc		3,022,169
	131,122		Xilinx, Inc		14,975,444
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		315,129,106
SOFTWARE & SERVICES - 23.4%
	10,520	*	2U, Inc		134,656
	330,949		Accenture plc		63,734,158
	253,298	*	Adobe, Inc		75,700,640
	77,126	*	Akamai Technologies, Inc		6,797,114
	2,438		Alliance Data Systems Corp		382,571
	23,245	*	Alteryx, Inc		2,732,217
	41,942	*	Anaplan, Inc		2,388,177
	43,396	*	Ansys, Inc		8,814,596
	35,268	*	Aspen Technology, Inc		4,650,791
	55,423	*	Atlassian Corp plc		7,765,871
	88,375	*	Autodesk, Inc		13,801,524
	226,017		Automatic Data Processing, Inc		37,636,351
	21,795	*	Avalara, Inc		1,775,857

203

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	73,023	*	Black Knight, Inc	$	4,623,816
	69,750		Booz Allen Hamilton Holding Co		4,795,312
	59,163		Broadridge Financial Solutions, Inc		7,520,801
	144,460	*	Cadence Design Systems, Inc		10,677,039
	64,301		CDK Global, Inc		3,335,293
	25,720	*	Ceridian HCM Holding, Inc		1,371,133
	59,317		Citrix Systems, Inc		5,590,034
	22,662		Cognizant Technology Solutions Corp (Class A)		1,476,203
	31,286	*	Coupa Software, Inc		4,245,823
	78,135	*	DocuSign, Inc		4,041,142
	108,204	*	Dropbox, Inc		2,549,286
	19,078	*,e	Elastic NV		1,885,479
	26,269	*	EPAM Systems, Inc		5,090,670
	25,564	*	Euronet Worldwide, Inc		3,985,683
	14,312	*	Fair Isaac Corp		4,972,275
	194,598	h	Fidelity National Information Services, Inc		25,930,119
	101,937	*	FireEye, Inc		1,529,055
	2,302	*	First American Corp		104,902
	293,687	*	Fiserv, Inc		30,963,441
	44,343	*	FleetCor Technologies, Inc		12,600,950
	73,620	*	Fortinet, Inc		5,912,422
	45,093	*	Gartner, Inc		6,282,808
	83,546		Genpact Ltd		3,315,105
	81,368		Global Payments, Inc		13,663,315
	89,955	*	GoDaddy, Inc		6,600,898
	41,138	*	Guidewire Software, Inc		4,199,367
	20,357	*	HubSpot, Inc		3,638,203
	278,830		International Business Machines Corp		41,333,759
	129,217		Intuit, Inc		35,833,166
	34,696		Jack Henry & Associates, Inc		4,847,031
	33,436	*	Manhattan Associates, Inc		2,841,726
	467,065		MasterCard, Inc (Class A)		127,167,788
	3,934,329		Microsoft Corp		536,131,013
	12,234	*	MongoDB, Inc		1,752,153
	23,936	*	New Relic, Inc		2,230,117
	71,560	*	Nutanix, Inc		1,624,412
	53,834	*	Okta, Inc		7,043,102
	1,195,554		Oracle Corp		67,309,690
	5,133	*,e	Pagerduty, Inc		226,879
	47,865	*	Palo Alto Networks, Inc		10,843,337
	166,374		Paychex, Inc		13,817,361
	25,188	*	Paycom Software, Inc		6,064,011
	16,576	*	Paylocity Holding Corp		1,692,244
	611,248	*	PayPal Holdings, Inc		67,481,779
	20,231		Pegasystems, Inc		1,529,464
	32,914	*	Pluralsight, Inc		1,010,131
	28,080	*	Proofpoint, Inc		3,543,696
	53,172	*	PTC, Inc		3,603,998
	40,599	*	RealPage, Inc		2,536,626
	36,674	*	RingCentral, Inc		5,206,975
	24,607		Sabre Corp		578,511
	382,706	*	salesforce.com, Inc		59,128,077
	95,542	*	ServiceNow, Inc		26,502,395

204

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	43,556	*	Smartsheet, Inc	$	2,173,880
	6,588	*,e	SolarWinds Corp		118,057
	78,442	*	Splunk, Inc		10,613,987
	173,335	*	Square, Inc		13,937,867
	102,727		SS&C Technologies Holdings, Inc		4,925,760
	39,579	e	Switch, Inc		537,087
	77,901	*	Synopsys, Inc		10,342,137
	40,105	*	Tableau Software, Inc		6,799,001
	59,610	*	Teradata Corp		2,182,918
	91,163		Total System Services, Inc		12,372,642
	20,305	*	Trade Desk, Inc		5,346,510
	60,555	*	Twilio, Inc		8,423,806
	19,738	*	Tyler Technologies, Inc		4,605,862
	37,004	*	VeriSign, Inc		7,811,174
	905,636		Visa, Inc (Class A)		161,203,208
	41,080		VMware, Inc (Class A)		7,168,049
	48,225		Western Union Co		1,012,725
	22,158	*	WEX, Inc		4,831,995
	82,687	*	Workday, Inc		16,535,746
	56,618	*	Zendesk, Inc		4,731,000
	31,424	*	Zscaler, Inc		2,648,100
			TOTAL SOFTWARE & SERVICES		1,727,416,049
TECHNOLOGY HARDWARE & EQUIPMENT - 9.8%
	152,469		Amphenol Corp (Class A)		14,228,407
	2,394,066		Apple, Inc		510,031,821
	31,157	*	Arista Networks, Inc		8,519,882
	74,384		CDW Corp		8,789,213
	2,291,315		Cisco Systems, Inc		126,938,851
	83,805		Cognex Corp		3,688,258
	124,925		Corning, Inc		3,841,444
	56,167	*	Dell Technologies, Inc		3,243,083
	4,271		Dolby Laboratories, Inc (Class A)		290,855
	28,314	*	F5 Networks, Inc		4,154,230
	5,601		Flir Systems, Inc		278,146
	40,220		HP, Inc		846,229
	1,288	*	IPG Photonics Corp		168,741
	16,374		Jabil Circuit, Inc		505,629
	95,980	*	Keysight Technologies, Inc		8,592,130
	63,570		Motorola Solutions, Inc		10,550,077
	3,657		National Instruments Corp		152,716
	61,321	*	NCR Corp		2,073,263
	129,876		NetApp, Inc		7,596,447
	116,909	*	Pure Storage, Inc		1,770,002
	21,996	*	Trimble Navigation Ltd		929,551
	8,572		Ubiquiti Networks, Inc		1,103,473
	27,455	*	Zebra Technologies Corp (Class A)		5,789,985
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		724,082,433
TELECOMMUNICATION SERVICES - 0.1%
	83,638	*	T-Mobile US, Inc		6,668,458
	119,861	*	Zayo Group Holdings, Inc		4,042,911
			TOTAL TELECOMMUNICATION SERVICES		10,711,369

205

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
TRANSPORTATION - 2.2%
	28,287		Alaska Air Group, Inc	$	1,792,264
	20,605		American Airlines Group, Inc		628,659
	55,388		CH Robinson Worldwide, Inc		4,637,637
	145,139		CSX Corp		10,217,786
	59,989		Delta Air Lines, Inc		3,661,729
	62,467		Expeditors International of Washington, Inc		4,769,355
	5,812	*	Genesee & Wyoming, Inc (Class A)		638,216
	13,575		JB Hunt Transport Services, Inc		1,389,673
	13,518	*	JetBlue Airways Corp		259,951
	18,476		Landstar System, Inc		2,055,824
	1,800	*	Lyft, Inc (Class A)		109,566
	18,259		Norfolk Southern Corp		3,489,660
	14,205		Old Dominion Freight Line		2,371,951
	152,898		Southwest Airlines Co		7,878,834
	9,974	*,e	Uber Technologies, Inc		420,304
	368,394		Union Pacific Corp		66,292,500
	27,116	*	United Continental Holdings, Inc		2,492,232
	362,365		United Parcel Service, Inc (Class B)		43,291,746
	27,227	*	XPO Logistics, Inc		1,837,278
			TOTAL TRANSPORTATION		158,235,165
			TOTAL COMMON STOCKS		7,369,772,798
			(Cost $4,547,855,172)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.4%
GOVERNMENT AGENCY DEBT - 0.0%
$	3,390,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		3,390,000
			TOTAL GOVERNMENT AGENCY DEBT						3,390,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.4%
	26,060,066	c	State Street Navigator Securities Lending Government Money Market Portfolio						26,060,066
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						26,060,066
			TOTAL SHORT-TERM INVESTMENTS						29,450,066
			(Cost $29,450,066)
			TOTAL INVESTMENTS - 100.3%						7,399,222,864
			(Cost $4,577,305,238)
			OTHER ASSETS & LIABILITIES, NET - (0.3)%						(22,820,384	)
			NET ASSETS - 100.0%					$	7,376,402,480

	Abbreviation(s):
REIT	Real Estate Investment Trust

*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $35,984,696.
h	All or a portion of these securities were purchased on a delayed delivery basis.

206

TIAA-CREF FUNDS - Large-Cap Value Index Fund

TIAA-CREF FUNDS

LARGE-CAP VALUE INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 1.0%
	114,591		Aptiv plc	$	10,043,901
	101,510		BorgWarner, Inc		3,837,078
	1,910,793		Ford Motor Co		18,209,857
	604,796		General Motors Co		24,397,471
	122,013		Gentex Corp		3,345,597
	117,634		Goodyear Tire & Rubber Co		1,615,115
	79,398		Harley-Davidson, Inc		2,840,860
	29,666		Lear Corp		3,761,056
	28,589		Thor Industries, Inc		1,703,904
			TOTAL AUTOMOBILES & COMPONENTS		69,754,839
BANKS - 11.0%
	75,521		Associated Banc-Corp		1,636,540
	4,191,130		Bank of America Corp		128,583,868
	20,343		Bank of Hawaii Corp		1,734,241
	59,015		Bank OZK		1,804,679
	45,310		BankUnited		1,559,117
	373,421		BB&T Corp		19,242,384
	15,588		BOK Financial Corp		1,304,404
	42,125		CIT Group, Inc		2,129,419
	1,125,926		Citigroup, Inc		80,120,894
	222,071		Citizens Financial Group, Inc		8,274,365
	68,901		Comerica, Inc		5,043,553
	50,495		Commerce Bancshares, Inc		3,071,611
	28,382		Cullen/Frost Bankers, Inc		2,694,587
	69,181		East West Bancorp, Inc		3,321,380
	356,789		Fifth Third Bancorp		10,593,065
	3,766		First Citizens Bancshares, Inc (Class A)		1,758,797
	65,206		First Hawaiian, Inc		1,744,913
	155,445		First Horizon National Corp		2,549,298
	66,902		First Republic Bank		6,647,383
	153,851		FNB Corp		1,853,905
	507,794		Huntington Bancshares, Inc		7,236,065
	1,571,509		JPMorgan Chase & Co		182,295,044
	481,490		Keycorp		8,844,971
	66,152		M&T Bank Corp		10,865,466
	183,255	*	MGIC Investment Corp		2,354,827
	212,639		New York Community Bancorp, Inc		2,451,728
	55,890		PacWest Bancorp		2,159,031
	192,947		People’s United Financial, Inc		3,168,190
	35,717		Pinnacle Financial Partners, Inc		2,169,451
	219,330		PNC Financial Services Group, Inc		31,342,257
	46,805		Popular, Inc		2,694,096
	31,129		Prosperity Bancshares, Inc		2,160,041

207

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	490,516		Regions Financial Corp	$	7,813,920
	13,044		Signature Bank		1,662,588
	98,805		Sterling Bancorp/DE		2,158,889
	217,733		SunTrust Banks, Inc		14,501,018
	23,852	*	SVB Financial Group		5,532,948
	66,348		Synovus Financial Corp		2,532,503
	78,542		TCF Financial Corp		1,679,228
	23,912	*	Texas Capital Bancshares, Inc		1,504,782
	28,690		TFS Financial Corp		515,272
	104,464		Umpqua Holdings Corp		1,823,941
	705,911		US Bancorp		40,342,814
	43,546		Webster Financial Corp		2,220,846
	1,973,145		Wells Fargo & Co		95,519,950
	41,217	*	Western Alliance Bancorp		2,037,768
	26,591		Wintrust Financial Corp		1,902,320
	87,842		Zions Bancorporation		3,959,039
			TOTAL BANKS		729,117,396
CAPITAL GOODS - 7.2%
	63,921		3M Co		11,168,277
	55,206		A.O. Smith Corp		2,509,113
	13,888		Acuity Brands, Inc		1,864,047
	73,886	*	Aecom Technology Corp		2,656,202
	30,445		AGCO Corp		2,344,265
	50,118		Air Lease Corp		2,094,431
	11,012		Allegion plc		1,140,182
	22,227		Ametek, Inc		1,991,761
	197,607		Arconic, Inc		4,948,079
	11,597		BWX Technologies, Inc		625,194
	3,589		Carlisle Cos, Inc		517,570
	248,680		Caterpillar, Inc		32,743,695
	47,126	*	Colfax Corp		1,304,448
	24,669		Crane Co		2,064,795
	74,506		Cummins, Inc		12,218,984
	20,925		Curtiss-Wright Corp		2,655,592
	138,051		Deere & Co		22,868,148
	38,845		Dover Corp		3,762,138
	204,036		Eaton Corp		16,769,719
	273,133		Emerson Electric Co		17,720,869
	25,913		Fastenal Co		798,120
	48,999		Flowserve Corp		2,451,420
	66,562		Fluor Corp		2,163,931
	111,703		Fortive Corp		8,495,013
	45,275		Fortune Brands Home & Security, Inc		2,487,408
	62,132	*	Gardner Denver Holdings, Inc		2,048,492
	21,166	*	Gates Industrial Corp plc		232,403
	115,985		General Dynamics Corp		21,566,251
	4,223,677		General Electric Co		44,137,425
	35,972		GrafTech International Ltd		411,879
	81,338	*	HD Supply Holdings, Inc		3,295,002
	2,707		Hexcel Corp		221,324
	181,188		Honeywell International, Inc		31,247,682
	11,612		Hubbell, Inc		1,508,167

208

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	3,992		Huntington Ingalls	$	911,374
	18,019		IDEX Corp		3,031,156
	6,779		Ingersoll-Rand plc		838,291
	43,797		ITT, Inc		2,733,809
	65,214		Jacobs Engineering Group, Inc		5,380,807
	438,971		Johnson Controls International plc		18,629,929
	53,545	*	L3Harris Technologies, Inc		11,115,942
	1,582		Lennox International, Inc		405,751
	1,637		Lincoln Electric Holdings, Inc		138,359
	144,455		Masco Corp		5,889,430
	20,810		MSC Industrial Direct Co (Class A)		1,478,551
	3,195		Nordson Corp		452,604
	77,178		nVent Electric plc		1,913,243
	34,841		Oshkosh Truck Corp		2,911,662
	52,229		Owens Corning, Inc		3,029,282
	166,010		PACCAR, Inc		11,643,941
	62,247		Parker-Hannifin Corp		10,898,205
	82,397		Pentair plc		3,197,828
	53,002		Quanta Services, Inc		1,983,335
	51,870		Raytheon Co		9,455,382
	20,839		Regal-Beloit Corp		1,659,201
	67,572	*	Resideo Technologies, Inc		1,274,408
	42,348		Roper Industries, Inc		15,399,850
	43,893	*	Sensata Technologies Holding plc		2,081,845
	26,202		Snap-On, Inc		3,998,687
	4,908		Spirit Aerosystems Holdings, Inc (Class A)		377,131
	73,128		Stanley Black & Decker, Inc		10,792,962
	17,468	*	Teledyne Technologies, Inc		5,088,079
	111,085		Textron, Inc		5,476,491
	32,939		Timken Co		1,505,642
	4,413	*	TransDigm Group, Inc		2,142,247
	50,750		Trinity Industries, Inc		994,700
	10,900	*	United Rentals, Inc		1,379,395
	395,411		United Technologies Corp		52,826,910
	75,215	*	Univar, Inc		1,663,756
	11,005		Valmont Industries, Inc		1,514,288
	5,433	*	WABCO Holdings, Inc		719,384
	55,718	e	Wabtec Corp		4,328,174
	15,280		Watsco, Inc		2,484,834
	23,292	*	WESCO International, Inc		1,181,836
	4,749		Woodward Governor Co		532,078
			TOTAL CAPITAL GOODS		478,492,805
COMMERCIAL & PROFESSIONAL SERVICES - 0.5%
	50,297	e	ADT, Inc		319,386
	24,532	*	Clean Harbors, Inc		1,908,835
	8,782		Equifax, Inc		1,221,488
	4,104	*	IAA, Inc		191,862
	70,082	*	IHS Markit Ltd		4,514,683
	4,104		KAR Auction Services, Inc		109,741
	29,266		Manpower, Inc		2,673,449
	148,325		Nielsen NV		3,435,207
	96,568		Republic Services, Inc		8,560,753

209

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	43,631	*	Stericycle, Inc	$	2,005,281
	45,913		Waste Management, Inc		5,371,821
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		30,312,506
CONSUMER DURABLES & APPAREL - 0.9%
	41,628		Brunswick Corp		2,046,433
	39,702	*	Capri Holdings Ltd		1,412,994
	11,733		Carter’s, Inc		1,091,404
	4,947		Columbia Sportswear Co		524,283
	162,243		DR Horton, Inc		7,451,821
	71,741	*	Garmin Ltd		5,638,125
	38,392		Hanesbrands, Inc		617,727
	62,443		Leggett & Platt, Inc		2,495,847
	2,777		Lennar Corp (B Shares)		105,526
	78,670		Lennar Corp (Class A)		3,742,332
	67,948	*,e	Mattel, Inc		992,041
	28,403	*	Mohawk Industries, Inc		3,541,570
	180,972		Newell Rubbermaid, Inc		2,567,993
	2,851		Polaris Industries, Inc		269,904
	128,940		Pulte Homes, Inc		4,062,899
	35,713		PVH Corp		3,175,600
	26,086		Ralph Lauren Corp		2,718,944
	43,377	*	Skechers U.S.A., Inc (Class A)		1,645,723
	138,565		Tapestry, Inc		4,285,815
	69,443		Toll Brothers, Inc		2,497,865
	30,616	*	Under Armour, Inc (Class A)		706,311
	34,999	*	Under Armour, Inc (Class C)		711,880
	30,965		Whirlpool Corp		4,504,788
			TOTAL CONSUMER DURABLES & APPAREL		56,807,825
CONSUMER SERVICES - 2.1%
	121,403		ARAMARK Holdings Corp		4,393,575
	283,630	*	Caesars Entertainment Corp		3,358,179
	193,347		Carnival Corp		9,131,779
	9,061		Choice Hotels International, Inc		777,524
	2,598		Dunkin Brands Group, Inc		208,256
	89,479		Extended Stay America, Inc		1,496,089
	44,900	*	frontdoor, Inc		2,049,236
	1,998		Graham Holdings Co		1,483,974
	20,521	*	Grand Canyon Education, Inc		2,232,069
	86,625		H&R Block, Inc		2,398,646
	37,222	*	Hilton Grand Vacations, Inc		1,217,159
	18,848		Hyatt Hotels Corp		1,457,893
	59,056	e	International Game Technology plc		788,398
	84,680		Las Vegas Sands Corp		5,118,059
	313,662		McDonald’s Corp		66,094,857
	233,758		MGM Resorts International		7,017,415
	81,581	*	Norwegian Cruise Line Holdings Ltd		4,033,365
	83,583		Royal Caribbean Cruises Ltd		9,724,046
	54,099		Service Corp International		2,496,128
	54,727	*	ServiceMaster Global Holdings, Inc		2,913,118
	34,379		Six Flags Entertainment Corp		1,816,243
	2,050		Vail Resorts, Inc		505,366

210

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	44,050		Wyndham Destinations, Inc	$	2,072,993
	32,085		Wyndham Hotels & Resorts, Inc		1,814,407
	8,023		Wynn Resorts Ltd		1,043,552
	33,337		Yum China Holdings, Inc		1,516,833
	17,998		Yum! Brands, Inc		2,025,135
			TOTAL CONSUMER SERVICES		139,184,294
DIVERSIFIED FINANCIALS - 5.4%
	25,809		Affiliated Managers Group, Inc		2,214,154
	266,777		AGNC Investment Corp		4,572,558
	192,408		Ally Financial, Inc		6,332,147
	147,699		American Express Co		18,369,325
	55,647		Ameriprise Financial, Inc		8,097,195
	715,437		Annaly Capital Management, Inc		6,832,423
	145,417		AXA Equitable Holdings, Inc		3,268,974
	415,860		Bank of New York Mellon Corp		19,512,151
	159,824		BGC Partners, Inc (Class A)		880,630
	57,657		BlackRock, Inc		26,965,026
	227,883		Capital One Financial Corp		21,060,947
	41,601		CBOE Holdings, Inc		4,547,405
	233,855		Charles Schwab Corp		10,107,213
	89,998		Chimera Investment Corp		1,735,161
	173,129		CME Group, Inc		33,659,740
	665	*	Credit Acceptance Corp		317,890
	102,275		Discover Financial Services		9,178,159
	95,314		E*TRADE Financial Corp		4,650,370
	53,244		Eaton Vance Corp		2,369,358
	12,472		Evercore Partners, Inc (Class A)		1,077,207
	134,255		Franklin Resources, Inc		4,380,741
	160,047		Goldman Sachs Group, Inc		35,231,146
	25,374		Interactive Brokers Group, Inc (Class A)		1,300,671
	162,173		IntercontinentalExchange Group, Inc		14,248,520
	192,422		Invesco Ltd		3,692,578
	113,506		iShares Russell 1000 Value Index Fund		14,578,711
	78,065		Janus Henderson Group plc		1,566,765
	122,562		Jefferies Financial Group, Inc		2,614,247
	32,000		Lazard Ltd (Class A)		1,238,720
	40,133		Legg Mason, Inc		1,511,409
	226,750		MFA Mortgage Investments, Inc		1,628,065
	589,194		Morgan Stanley		26,254,485
	56,138		NASDAQ OMX Group, Inc		5,410,019
	100,313		Navient Corp		1,419,429
	201,909		New Residential Investment Corp		3,167,952
	97,667		Northern Trust Corp		9,571,366
	33,765		OneMain Holdings, Inc		1,399,559
	46,113		Raymond James Financial, Inc		3,719,936
	55,809		Santander Consumer USA Holdings, Inc		1,501,820
	32,257		SEI Investments Co		1,922,195
	201,539		SLM Corp		1,836,020
	133,895		Starwood Property Trust, Inc		3,110,381
	181,359		State Street Corp		10,535,144
	245,111		Synchrony Financial		8,794,583
	80,133		T Rowe Price Group, Inc		9,086,281

211

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	16,794		TD Ameritrade Holding Corp	$	858,173
	130,467		Two Harbors Investment Corp		1,756,086
	12,688		Virtu Financial, Inc		275,076
	66,519		Voya Financial, Inc		3,736,372
			TOTAL DIVERSIFIED FINANCIALS		362,094,483
ENERGY - 9.0%
	182,320		Anadarko Petroleum Corp		13,429,691
	107,499	e	Antero Midstream Corp		980,391
	125,849	*	Antero Resources Corp		580,164
	179,240		Apache Corp		4,377,041
	42,596	*	Apergy Corp		1,385,648
	251,490		Baker Hughes a GE Co		6,385,331
	82,938		Cabot Oil & Gas Corp		1,589,092
	87,218	*	Centennial Resource Development, Inc		518,947
	47,204	*	Cheniere Energy, Inc		3,075,341
	720,650	*,e	Chesapeake Energy Corp		1,304,376
	928,951		Chevron Corp		114,363,158
	47,679		Cimarex Energy Co		2,415,895
	96,746		Concho Resources, Inc		9,450,149
	550,242		ConocoPhillips		32,508,297
	41,421	*	Continental Resources, Inc		1,539,619
	197,454	*	Devon Energy Corp		5,331,258
	63,964		Diamondback Energy, Inc		6,615,796
	282,835		EOG Resources, Inc		24,281,385
	120,447		EQT Corp		1,819,954
	87,262		Equitrans Midstream Corp		1,447,677
	2,062,765		Exxon Mobil Corp		153,387,205
	424,446		Halliburton Co		9,762,258
	54,153		Helmerich & Payne, Inc		2,690,321
	131,493		Hess Corp		8,526,006
	75,417		HollyFrontier Corp		3,753,504
	952,274		Kinder Morgan, Inc		19,635,890
	172,474		Kosmos Energy Ltd		1,036,569
	393,558		Marathon Oil Corp		5,537,361
	320,902		Marathon Petroleum Corp		18,095,664
	78,186		Murphy Oil Corp		1,879,591
	181,358		National Oilwell Varco, Inc		4,319,947
	227,757		Noble Energy, Inc		5,028,875
	362,751		Occidental Petroleum Corp		18,630,891
	136,420		ONEOK, Inc		9,560,314
	54,873	*	Parsley Energy, Inc		910,343
	104,987		Patterson-UTI Energy, Inc		1,220,999
	56,497		PBF Energy, Inc		1,577,961
	221,155		Phillips 66		22,681,657
	47,148		Pioneer Natural Resources Co		6,508,310
	100,495		Range Resources Corp		571,816
	674,560		Schlumberger Ltd		26,962,163
	111,673		Targa Resources Investments, Inc		4,345,196
	285,158	*,e	Transocean Ltd (NYSE)		1,733,761
	203,683		Valero Energy Corp		17,363,976
	586,045		Williams Cos, Inc		14,440,149
	197,727	*	WPX Energy, Inc		2,064,270
			TOTAL ENERGY		595,624,207

212

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
FOOD & STAPLES RETAILING - 1.7%
	13,045		Casey’s General Stores, Inc	$	2,112,116
	385,571		Kroger Co		8,158,682
	29,582	*	Sprouts Farmers Market, Inc		500,823
	104,039	*	US Foods Holding Corp		3,679,860
	376,698		Walgreens Boots Alliance, Inc		20,526,274
	684,150		Walmart, Inc		75,516,477
			TOTAL FOOD & STAPLES RETAILING		110,494,232
FOOD, BEVERAGE & TOBACCO - 4.3%
	467,182		Altria Group, Inc		21,990,257
	269,773		Archer Daniels Midland Co		11,082,275
	4,603	*,e	Beyond Meat, Inc		904,535
	1,592		Brown-Forman Corp (Class A)		84,949
	5,411		Brown-Forman Corp (Class B)		296,577
	66,798		Bunge Ltd		3,903,007
	34,464		Campbell Soup Co		1,424,742
	593,107		Coca-Cola Co		31,215,222
	236,115		ConAgra Brands, Inc		6,816,640
	76,654		Constellation Brands, Inc (Class A)		15,087,040
	93,757		Flowers Foods, Inc		2,222,041
	293,428		General Mills, Inc		15,583,961
	43,423	*	Hain Celestial Group, Inc		945,319
	10,200		Hershey Co		1,547,748
	133,993		Hormel Foods Corp		5,492,373
	31,447		Ingredion, Inc		2,430,539
	53,903		J.M. Smucker Co		5,993,475
	72,464		Kellogg Co		4,218,854
	97,323		Keurig Dr Pepper, Inc		2,738,669
	304,332		Kraft Heinz Co		9,741,667
	51,656		Lamb Weston Holdings, Inc		3,467,151
	21,901		McCormick & Co, Inc		3,472,184
	85,949		Molson Coors Brewing Co (Class B)		4,640,386
	694,362		Mondelez International, Inc		37,141,423
	110,031		PepsiCo, Inc		14,063,062
	757,379		Philip Morris International, Inc		63,324,458
	16,394	*	Pilgrim’s Pride Corp		443,622
	17,054	*	Post Holdings, Inc		1,828,530
	137		Seaboard Corp		559,185
	21,985	*	TreeHouse Foods, Inc		1,304,590
	139,702		Tyson Foods, Inc (Class A)		11,106,309
			TOTAL FOOD, BEVERAGE & TOBACCO		285,070,790
HEALTH CARE EQUIPMENT & SERVICES - 5.8%
	476,656		Abbott Laboratories		41,516,738
	41,737	*	Acadia Healthcare Co, Inc		1,333,080
	88,736		Anthem, Inc		26,142,513
	124,471		Baxter International, Inc		10,451,830
	119,215		Becton Dickinson & Co		30,137,552
	7,619		Cantel Medical Corp		703,081
	145,809		Cardinal Health, Inc		6,667,846

213

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	32,008	*	Centene Corp	$	1,667,297
	126,081		Cigna Corp		21,423,683
	20,644		Cooper Cos, Inc		6,965,286
	46,195	*	Covetrus, Inc		1,093,436
	631,204		CVS Health Corp		35,265,367
	294,263		Danaher Corp		41,343,951
	60,627	*	DaVita, Inc		3,628,526
	107,615		Dentsply Sirona, Inc		5,859,637
	23,059		Encompass Health Corp		1,472,086
	53,148		HCA Healthcare, Inc		7,095,789
	64,384	*	Henry Schein, Inc		4,284,111
	15,391		Hill-Rom Holdings, Inc		1,641,296
	24,900	*	Hologic, Inc		1,276,125
	37,481		Humana, Inc		11,122,487
	6,367	*	ICU Medical, Inc		1,620,019
	33,776	*	Integra LifeSciences Holdings Corp		2,141,061
	44,936	*	Laboratory Corp of America Holdings		7,527,679
	82,907		McKesson Corp		11,519,928
	45,251	*	MEDNAX, Inc		1,111,817
	653,822		Medtronic plc		66,650,615
	7,997	*	Molina Healthcare, Inc		1,061,842
	24,702	*	Premier, Inc		957,202
	64,409		Quest Diagnostics, Inc		6,574,871
	37,653		STERIS plc		5,605,026
	39,678		Universal Health Services, Inc (Class B)		5,985,823
	2,489	*	WellCare Health Plans, Inc		714,965
	8,476		West Pharmaceutical Services, Inc		1,163,500
	99,855		Zimmer Biomet Holdings, Inc		13,493,406
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		387,219,471
HOUSEHOLD & PERSONAL PRODUCTS - 2.9%
	11,258		Clorox Co		1,830,551
	408,954		Colgate-Palmolive Co		29,338,360
	149,391		Coty, Inc		1,629,856
	30,341		Energizer Holdings, Inc		1,276,749
	41,526	*	Herbalife Ltd		1,703,397
	166,413		Kimberly-Clark Corp		22,573,923
	26,164		Nu Skin Enterprises, Inc (Class A)		1,046,037
	1,134,377		Procter & Gamble Co		133,901,861
	16,794		Spectrum Brands Holdings, Inc		841,547
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		194,142,281
INSURANCE - 7.6%
	359,821		Aflac, Inc		18,940,977
	5,975		Alleghany Corp		4,097,237
	161,203		Allstate Corp		17,313,202
	35,998		American Financial Group, Inc		3,685,475
	424,163		American International Group, Inc		23,748,886
	3,746		American National Insurance Co		453,341
	159,679	*	Arch Capital Group Ltd		6,177,980
	71,283		Arthur J. Gallagher & Co		6,446,122
	29,910		Assurant, Inc		3,390,598
	48,567		Assured Guaranty Ltd		2,121,892

214

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	49,006	*	Athene Holding Ltd	$	2,002,385
	38,127		Axis Capital Holdings Ltd		2,427,546
	953,185	*	Berkshire Hathaway, Inc (Class B)		195,812,794
	56,957	*	Brighthouse Financial, Inc		2,231,006
	109,718		Brown & Brown, Inc		3,942,168
	222,646		Chubb Ltd		34,029,215
	72,935		Cincinnati Financial Corp		7,828,114
	15,029		CNA Financial Corp		719,739
	4,075		Erie Indemnity Co (Class A)		907,788
	13,339		Everest Re Group Ltd		3,289,931
	52,798		First American Financial Corp		3,052,780
	129,907		FNF Group		5,570,412
	20,725		Hanover Insurance Group, Inc		2,688,240
	173,764		Hartford Financial Services Group, Inc		10,014,019
	23,791		Kemper Corp		2,094,084
	96,195		Lincoln National Corp		6,285,381
	125,193		Loews Corp		6,702,833
	6,064	*	Markel Corp		6,754,871
	31,466		Marsh & McLennan Cos, Inc		3,108,841
	15,352		Mercury General Corp		870,612
	392,232		Metlife, Inc		19,384,105
	134,981		Old Republic International Corp		3,078,917
	5,582		Primerica, Inc		684,856
	134,318		Principal Financial Group		7,795,817
	192,165		Progressive Corp		15,561,522
	197,833		Prudential Financial, Inc		20,042,461
	29,750		Reinsurance Group of America, Inc (Class A)		4,638,620
	12,846		RenaissanceRe Holdings Ltd		2,327,053
	51,657		Torchmark Corp		4,717,317
	107,269		Travelers Cos, Inc		15,727,781
	102,028		UnumProvident Corp		3,259,795
	70,588		W.R. Berkley Corp		4,898,101
	1,449		White Mountains Insurance Group Ltd		1,559,124
	62,587		Willis Towers Watson plc		12,218,234
			TOTAL INSURANCE		502,602,172
MATERIALS - 4.3%
	92,100		Air Products & Chemicals, Inc		21,023,667
	52,843		Albemarle Corp		3,855,425
	88,005	*	Alcoa Corp		1,979,232
	18,037		Aptargroup, Inc		2,182,838
	13,686		Ardagh Group S.A.		227,598
	29,581		Ashland Global Holdings, Inc		2,351,098
	2,611		Avery Dennison Corp		299,926
	68,094	*	Axalta Coating Systems Ltd		2,017,625
	38,711	*	Berry Plastics Group, Inc		1,743,931
	28,903		Cabot Corp		1,292,542
	62,002		Celanese Corp (Series A)		6,954,764
	99,057		CF Industries Holdings, Inc		4,909,265
	77,885		Chemours Co		1,485,267
	366,419		Corteva, Inc		10,809,360
	26,247	*	Crown Holdings, Inc		1,680,070
	29,752		Domtar Corp		1,262,972

215

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	363,742		Dow, Inc	$	17,619,662
	365,163		DuPont de Nemours, Inc		26,350,162
	3,737		Eagle Materials, Inc		309,349
	65,546		Eastman Chemical Co		4,938,891
	67,155	*	Element Solutions, Inc		672,893
	64,943		FMC Corp		5,612,374
	703,853		Freeport-McMoRan Copper & Gold, Inc (Class B)		7,784,614
	140,203		Graphic Packaging Holding Co		2,083,417
	103,975		Huntsman Corp		2,136,686
	52,271	e	International Flavors & Fragrances, Inc		7,526,501
	193,972		International Paper Co		8,517,311
	264,594		Linde plc		50,611,540
	142,439		LyondellBasell Industries AF S.C.A		11,920,720
	21,498		Martin Marietta Materials, Inc		5,326,130
	174,288		Mosaic Co		4,390,315
	346		NewMarket Corp		145,877
	398,796		Newmont Mining Corp		14,564,030
	149,036		Nucor Corp		8,104,578
	80,924		Olin Corp		1,624,145
	77,063		Owens-Illinois, Inc		1,307,759
	44,626		Packaging Corp of America		4,505,887
	76,000		PPG Industries, Inc		8,921,640
	31,038		Reliance Steel & Aluminum Co		3,102,248
	21,459		Royal Gold, Inc		2,455,983
	53,048		RPM International, Inc		3,598,246
	68,680		Sealed Air Corp		2,870,137
	43,331		Silgan Holdings, Inc		1,302,530
	49,582		Sonoco Products Co		2,976,407
	10,887		Southern Copper Corp (NY)		389,646
	101,254		Steel Dynamics, Inc		3,190,514
	94,902	e	United States Steel Corp		1,426,377
	91,578		Valvoline, Inc		1,848,960
	4,954		Vulcan Materials Co		685,386
	16,830		Westlake Chemical Corp		1,137,203
	124,671		WestRock Co		4,494,390
			TOTAL MATERIALS		288,528,088
MEDIA & ENTERTAINMENT - 4.3%
	350,570		Activision Blizzard, Inc		17,086,782
	15,622		CBS Corp (Class B)		804,689
	31,899	*	Charter Communications, Inc		12,293,237
	51,613		Cinemark Holdings, Inc		2,060,391
	1,164,207		Comcast Corp (Class A)		50,258,816
	75,719	*,e	Discovery, Inc (Class A)		2,295,043
	170,572	*	Discovery, Inc (Class C)		4,816,953
	110,149	*	DISH Network Corp (Class A)		3,729,645
	13,658	*	Electronic Arts, Inc		1,263,365
	156,478		Fox Corp (Class A)		5,839,759
	70,193		Fox Corp (Class B)		2,611,180
	47,829	*	GCI Liberty, Inc		2,856,826
	14,853	*	IAC/InterActiveCorp		3,550,610
	172,325		Interpublic Group of Cos, Inc		3,949,689
	19,787		John Wiley & Sons, Inc (Class A)		900,506

216

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	11,807	*	Liberty Broadband Corp (Class A)	$	1,159,329
	51,231	*	Liberty Broadband Corp (Class C)		5,097,997
	13,075	*	Liberty Media Group (Class A)		490,051
	93,620	*	Liberty Media Group (Class C)		3,686,756
	40,163	*	Liberty SiriusXM Group (Class A)		1,671,986
	77,319	*	Liberty SiriusXM Group (Class C)		3,236,573
	21,744	e	Lions Gate Entertainment Corp (Class A)		280,715
	59,366		Lions Gate Entertainment Corp (Class B)		723,672
	8,191	*	Madison Square Garden Co		2,375,718
	62,683		New York Times Co (Class A)		2,236,529
	179,394		News Corp (Class A)		2,360,825
	54,335		News Corp (Class B)		731,349
	4,820		Nexstar Broadcasting Group, Inc (Class A)		490,531
	48,718		Omnicom Group, Inc		3,908,158
	1,748		Sinclair Broadcast Group, Inc (Class A)		87,837
	30,370	*	Take-Two Interactive Software, Inc		3,720,932
	45,758		Tribune Co		2,126,374
	4,925	*	TripAdvisor, Inc		217,439
	5,513	e	Viacom, Inc (Class A)		192,735
	173,962		Viacom, Inc (Class B)		5,279,747
	850,721		Walt Disney Co		121,661,610
	26,867	*	Zillow Group, Inc (Class A)		1,339,051
	62,959	*,e	Zillow Group, Inc (Class C)		3,145,432
	347,214	*	Zynga, Inc		2,215,225
			TOTAL MEDIA & ENTERTAINMENT		282,754,062
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.7%
	139,829		Agilent Technologies, Inc		9,705,531
	25,880	*	Agios Pharmaceuticals, Inc		1,245,087
	25,024	*	Alexion Pharmaceuticals, Inc		2,834,969
	74,331	*	Alkermes plc		1,721,506
	159,786		Allergan plc		25,645,653
	8,234	*	Alnylam Pharmaceuticals, Inc		638,876
	23,306		Amgen, Inc		4,348,433
	61,520	*	Biogen Idec, Inc		14,630,686
	10,461	*	Bio-Rad Laboratories, Inc (Class A)		3,294,169
	27,772	*	Bluebird Bio, Inc		3,644,519
	471,136		Bristol-Myers Squibb Co		20,923,150
	69,134	*	Catalent, Inc		3,905,380
	181,108	*	Elanco Animal Health, Inc		5,969,320
	84,117	*	Exelixis, Inc		1,789,169
	530,900		Gilead Sciences, Inc		34,784,568
	77,436	*	Horizon Pharma plc		1,927,382
	50,355	*	IQVIA Holdings, Inc		8,015,005
	2,269	*	Jazz Pharmaceuticals plc		316,253
	1,099,004		Johnson & Johnson		143,112,301
	66,288		Merck & Co, Inc		5,501,241
	253,619	*	Mylan NV		5,300,637
	67,768	*	Nektar Therapeutics		1,928,677
	41,019	*	PerkinElmer, Inc		3,532,556
	61,167		Perrigo Co plc		3,303,630
	2,710,568		Pfizer, Inc		105,278,461
	105,196	*	QIAGEN NV		3,967,993

217

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	31,605	*	Regeneron Pharmaceuticals, Inc	$	9,631,940
	62,178		Thermo Fisher Scientific, Inc		17,265,587
	22,178	*	United Therapeutics Corp		1,757,385
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		445,920,064
REAL ESTATE - 5.1%
	53,240		Alexandria Real Estate Equities, Inc		7,792,206
	64,691		American Campus Communities, Inc		3,024,304
	69,965		American Homes 4 Rent		1,693,853
	71,345		Apartment Investment & Management Co		3,534,431
	106,601	*	Apple Hospitality REIT, Inc		1,674,702
	68,094		AvalonBay Communities, Inc		14,217,346
	74,824		Boston Properties, Inc		9,947,851
	92,998		Brandywine Realty Trust		1,371,720
	143,073		Brixmor Property Group, Inc		2,715,526
	44,505		Camden Property Trust		4,615,614
	104,523	*	CBRE Group, Inc		5,540,764
	233,084		Colony Capital, Inc		1,316,925
	55,300		Columbia Property Trust, Inc		1,212,729
	5,538		Coresite Realty		580,438
	59,376		Corporate Office Properties Trust		1,657,778
	69,400		Cousins Properties, Inc		2,441,492
	93,221		CubeSmart		3,164,853
	55,161		CyrusOne, Inc		3,166,241
	100,300		Digital Realty Trust, Inc		11,470,308
	76,534		Douglas Emmett, Inc		3,124,118
	175,338		Duke Realty Corp		5,844,016
	67,499		Empire State Realty Trust, Inc		945,661
	37,628		Entertainment Properties Trust		2,800,652
	62,457		Equity Commonwealth		2,097,306
	178,902		Equity Residential		14,113,579
	31,856		Essex Property Trust, Inc		9,627,520
	11,200		Extra Space Storage, Inc		1,258,768
	36,123		Federal Realty Investment Trust		4,768,597
	96,446		Gaming and Leisure Properties, Inc		3,636,979
	232,943		HCP, Inc		7,437,870
	97,905		Healthcare Trust of America, Inc		2,636,582
	49,753		Highwoods Properties, Inc		2,255,303
	75,699		Hospitality Properties Trust		1,870,522
	358,255		Host Marriott Corp		6,230,054
	14,666	*	Howard Hughes Corp		1,979,910
	72,385		Hudson Pacific Properties		2,555,190
	202,745		Invitation Homes, Inc		5,569,405
	120,652		Iron Mountain, Inc		3,548,375
	59,307		JBG SMITH Properties		2,320,683
	22,835		Jones Lang LaSalle, Inc		3,326,831
	46,887		Kilroy Realty Corp		3,725,641
	192,875		Kimco Realty Corp		3,705,129
	69,992		Liberty Property Trust		3,660,582
	22,626		Life Storage, Inc		2,205,809
	70,542		Macerich Co		2,331,413
	212,141		Medical Properties Trust, Inc		3,712,467
	55,549		Mid-America Apartment Communities, Inc		6,545,894

218

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	75,899		National Retail Properties, Inc	$	3,964,964
	101,844		Omega Healthcare Investors, Inc		3,696,937
	64,404		Outfront Media, Inc		1,750,501
	107,631		Paramount Group, Inc		1,488,537
	96,493		Park Hotels & Resorts, Inc		2,548,380
	305,707		Prologis, Inc		24,643,041
	17,992		Public Storage, Inc		4,367,738
	60,568		Rayonier, Inc		1,758,895
	150,232		Realty Income Corp		10,397,557
	79,292		Regency Centers Corp		5,288,776
	108,149		Retail Properties of America, Inc		1,315,092
	16,726		Simon Property Group, Inc		2,712,957
	67,320		SITE Centers Corp		959,310
	40,841		SL Green Realty Corp		3,311,388
	45,434		Spirit Realty Capital, Inc		2,004,548
	98,755		STORE Capital Corp		3,378,409
	30,612		Sun Communities, Inc		4,065,580
	32,753		Taubman Centers, Inc		1,327,152
	129,769		UDR, Inc		5,977,160
	172,888		Ventas, Inc		11,633,634
	462,226		VEREIT, Inc		4,215,501
	215,418		VICI Properties, Inc		4,597,020
	84,877		Vornado Realty Trust		5,459,289
	58,879		Weingarten Realty Investors		1,643,313
	195,753		Welltower, Inc		16,270,989
	363,628		Weyerhaeuser Co		9,239,787
	82,938		WP Carey, Inc		7,177,455
			TOTAL REAL ESTATE		340,167,847
RETAILING - 2.0%
	24,904		Advance Auto Parts, Inc		3,751,539
	25,719	*	Autonation, Inc		1,252,001
	89,567		Best Buy Co, Inc		6,854,563
	41,734	*	CarMax, Inc		3,662,576
	33,037		Dick’s Sporting Goods, Inc		1,227,985
	7,428		Dollar General Corp		995,501
	53,269	*	Dollar Tree, Inc		5,420,121
	8,664		Expedia, Inc		1,150,059
	53,221		Foot Locker, Inc		2,185,254
	108,581		Gap, Inc		2,117,329
	67,873		Genuine Parts Co		6,591,826
	231,143		Home Depot, Inc		49,392,948
	77,839		Kohl’s Corp		4,192,409
	93,252		L Brands, Inc		2,419,889
	128,737	*	LKQ Corp		3,466,887
	153,838		Macy’s, Inc		3,496,738
	19,001		Penske Auto Group, Inc		873,476
	196,837	*	Qurate Retail Group, Inc QVC Group		2,783,275
	230,406		Target Corp		19,907,078
	57,586		Tiffany & Co		5,408,477
	34,753	*	Urban Outfitters, Inc		827,469
	30,590		Williams-Sonoma, Inc		2,039,741
			TOTAL RETAILING		130,017,141

219

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.2%
	153,676		Analog Devices, Inc	$	18,050,783
	214,272		Applied Materials, Inc		10,578,609
	49,608	*	Cree, Inc		3,084,625
	182,532		Cypress Semiconductor Corp		4,192,760
	40,344	*	First Solar, Inc		2,601,784
	2,183,426		Intel Corp		110,372,185
	8,719		Lam Research Corp		1,818,871
	320,261		Marvell Technology Group Ltd		8,410,054
	80,777		Maxim Integrated Products, Inc		4,781,191
	81,918		Microchip Technology, Inc		7,734,698
	538,979	*	Micron Technology, Inc		24,194,767
	25,741		MKS Instruments, Inc		2,191,331
	204,149	*	ON Semiconductor Corp		4,391,245
	60,862	*	Qorvo, Inc		4,460,576
	78,144		Skyworks Solutions, Inc		6,664,120
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		213,527,599
SOFTWARE & SERVICES - 1.6%
	21,804	*	2U, Inc		279,091
	7,404	*	Akamai Technologies, Inc		652,515
	18,963		Alliance Data Systems Corp		2,975,674
	65,590		Amdocs Ltd		4,197,104
	23,979	*	Autodesk, Inc		3,744,800
	11,714	*	CACI International, Inc (Class A)		2,520,267
	5,624	*	Ceridian HCM Holding, Inc		299,815
	6,583		Citrix Systems, Inc		620,382
	255,759		Cognizant Technology Solutions Corp (Class A)		16,660,141
	130,700		DXC Technology Co		7,289,139
	115,926	h	Fidelity National Information Services, Inc		15,447,163
	36,186	*	First American Corp		1,648,996
	170,763		International Business Machines Corp		25,313,907
	4,285		Jack Henry & Associates, Inc		598,615
	64,919		Leidos Holdings, Inc		5,329,850
	23,387		LogMeIn, Inc		1,776,710
	136,587	*	Nuance Communications, Inc		2,272,808
	108,126		Sabre Corp		2,542,042
	20,968	*,e	SolarWinds Corp		375,747
	11,517		SS&C Technologies Holdings, Inc		552,240
	294,327		Symantec Corp		6,345,690
	15,642	*	VeriSign, Inc		3,301,870
	161,877		Western Union Co		3,399,417
			TOTAL SOFTWARE & SERVICES		108,143,983
TECHNOLOGY HARDWARE & EQUIPMENT - 1.3%
	38,947	*	Arrow Electronics, Inc		2,827,942
	51,078		Avnet, Inc		2,319,963
	73,850	*	Ciena Corp		3,339,497
	12,855	*	Coherent, Inc		1,784,917
	90,467	*	CommScope Holding Co, Inc		1,291,869
	257,762		Corning, Inc		7,926,181
	19,958	*	Dell Technologies, Inc		1,152,375

220

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	25,954		Dolby Laboratories, Inc (Class A)	$	1,767,467
	25,298	*	EchoStar Corp (Class A)		1,151,565
	2,109	*	F5 Networks, Inc		309,432
	58,315		Flir Systems, Inc		2,895,923
	663,807		Hewlett Packard Enterprise Co		9,538,907
	716,215		HP, Inc		15,069,164
	15,714	*	IPG Photonics Corp		2,058,691
	55,729		Jabil Circuit, Inc		1,720,911
	165,800		Juniper Networks, Inc		4,479,916
	11,406		Littelfuse, Inc		1,927,158
	20,504		Motorola Solutions, Inc		3,402,844
	58,581		National Instruments Corp		2,446,343
	19,680		Synnex Corp		1,939,267
	99,398	*	Trimble Navigation Ltd		4,200,559
	26,521	*	Viasat, Inc		2,163,848
	141,561		Western Digital Corp		7,628,722
	88,767		Xerox Corp		2,849,421
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		86,192,882
TELECOMMUNICATION SERVICES - 3.7%
	3,557,209		AT&T, Inc		121,122,966
	536,187		CenturyLink, Inc		6,482,501
	270,163	*	Sprint Corp		1,980,295
	46,537		Telephone & Data Systems, Inc		1,505,007
	74,014	*	T-Mobile US, Inc		5,901,136
	7,672	*	US Cellular Corp		367,412
	2,016,498		Verizon Communications, Inc		111,451,844
			TOTAL TELECOMMUNICATION SERVICES		248,811,161
TRANSPORTATION - 1.9%
	31,204		Alaska Air Group, Inc		1,977,085
	4,222		Amerco, Inc		1,633,914
	170,958		American Airlines Group, Inc		5,215,929
	15,094		CH Robinson Worldwide, Inc		1,263,821
	16,106		Copa Holdings S.A. (Class A)		1,628,317
	241,316		CSX Corp		16,988,646
	225,650		Delta Air Lines, Inc		13,773,676
	23,553		Expeditors International of Washington, Inc		1,798,272
	116,495		FedEx Corp		19,865,892
	22,553	*	Genesee & Wyoming, Inc (Class A)		2,476,545
	28,698		JB Hunt Transport Services, Inc		2,937,814
	141,053	*	JetBlue Airways Corp		2,712,449
	49,477		Kansas City Southern Industries, Inc		6,122,284
	28,253	*	Kirby Corp		2,213,905
	61,417		Knight-Swift Transportation Holdings, Inc		2,201,185
	1,787		Landstar System, Inc		198,839
	13,864	*	Lyft, Inc (Class A)		843,902
	37,747		Macquarie Infrastructure Co LLC		1,564,236
	112,346		Norfolk Southern Corp		21,471,568
	18,063		Old Dominion Freight Line		3,016,160
	26,714		Ryder System, Inc		1,422,788
	30,244		Schneider National, Inc		583,709
	98,127		Southwest Airlines Co		5,056,484

221

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	76,788	*,e	Uber Technologies, Inc	$	3,235,846
	91,816	*	United Continental Holdings, Inc		8,438,809
	18,303	*	XPO Logistics, Inc		1,235,086
			TOTAL TRANSPORTATION		129,877,161
UTILITIES - 6.4%
	313,647		AES Corp		5,266,133
	116,183		Alliant Energy Corp		5,755,706
	118,159		Ameren Corp		8,943,455
	240,887		American Electric Power Co, Inc		21,152,287
	87,450		American Water Works Co, Inc		10,037,511
	103,735		Aqua America, Inc		4,351,683
	56,309		Atmos Energy Corp		6,139,933
	30,737		Avangrid, Inc		1,553,755
	244,816		Centerpoint Energy, Inc		7,102,112
	137,241		CMS Energy Corp		7,990,171
	160,946		Consolidated Edison, Inc		13,673,972
	389,848		Dominion Resources, Inc		28,961,808
	89,560		DTE Energy Co		11,383,972
	354,176		Duke Energy Corp		30,714,143
	153,840		Edison International		11,467,234
	92,502		Entergy Corp		9,770,061
	119,521		Evergy, Inc		7,229,825
	153,223		Eversource Energy		11,623,497
	472,830		Exelon Corp		21,305,720
	257,994		FirstEnergy Corp		11,343,996
	55,740		Hawaiian Electric Industries, Inc		2,497,152
	25,894		Idacorp, Inc		2,642,742
	92,459		MDU Resources Group, Inc		2,472,354
	40,422		National Fuel Gas Co		1,929,746
	233,195		NextEra Energy, Inc		48,311,008
	183,405		NiSource, Inc		5,445,294
	132,546		NRG Energy, Inc		4,525,120
	99,128		OGE Energy Corp		4,257,548
	260,454	*,b	PG&E Corp		4,722,031
	55,017		Pinnacle West Capital Corp		5,018,651
	349,004		PPL Corp		10,340,988
	246,471		Public Service Enterprise Group, Inc		14,085,818
	134,199		Sempra Energy		18,174,571
	506,335		Southern Co		28,456,027
	82,024		UGI Corp		4,190,606
	203,820		Vistra Energy Corp		4,373,977
	154,560		WEC Energy Group, Inc		13,208,698
	248,261		Xcel Energy, Inc		14,798,838
			TOTAL UTILITIES		425,218,143
			TOTAL COMMON STOCKS		6,640,075,432
			(Cost $5,551,840,221)

222

TIAA-CREF FUNDS - Large-Cap Value Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.2%
GOVERNMENT AGENCY DEBT - 0.1%
$	5,250,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	$	5,250,000
			TOTAL GOVERNMENT AGENCY DEBT						5,250,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.1%
	7,354,222	c	State Street Navigator Securities Lending Government Money Market Portfolio						7,354,222
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						7,354,222
			TOTAL SHORT-TERM INVESTMENTS						12,604,222
			(Cost $12,604,222)
			TOTAL INVESTMENTS - 100.1%						6,652,679,654
			(Cost $5,564,444,443)
			OTHER ASSETS & LIABILITIES, NET - (0.1)%						(6,120,564	)
			NET ASSETS - 100.0%					$	6,646,559,090

	Abbreviation(s):
REIT	Real Estate Investment Trust
*	Non-income producing
b	In bankruptcy
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $21,074,246.
h	All or a portion of these securities were purchased on a delayed delivery basis.

223

TIAA-CREF FUNDS - S&P 500 Index Fund

TIAA-CREF FUNDS
S&P 500 INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.4%
AUTOMOBILES & COMPONENTS - 0.5%
	54,811		Aptiv plc	$	4,804,184
	43,722		BorgWarner, Inc		1,652,692
	811,445		Ford Motor Co		7,733,071
	276,637		General Motors Co		11,159,536
	34,720		Harley-Davidson, Inc		1,242,282
			TOTAL AUTOMOBILES & COMPONENTS		26,591,765
BANKS - 5.6%
	1,863,777		Bank of America Corp		57,180,679
	159,553		BB&T Corp		8,221,766
	487,401		Citigroup, Inc		34,683,455
	97,540		Citizens Financial Group, Inc		3,634,341
	33,640		Comerica, Inc		2,462,448
	153,243		Fifth Third Bancorp		4,549,785
	34,087		First Republic Bank		3,386,884
	221,297		Huntington Bancshares, Inc		3,153,482
	683,744		JPMorgan Chase & Co		79,314,304
	216,481		Keycorp		3,976,756
	28,689		M&T Bank Corp		4,712,168
	83,297		People’s United Financial, Inc		1,367,737
	95,592		PNC Financial Services Group, Inc		13,660,097
	216,313		Regions Financial Corp		3,445,866
	91,851		SunTrust Banks, Inc		6,117,277
	10,920	*	SVB Financial Group		2,533,112
	316,115		US Bancorp		18,065,972
	852,561		Wells Fargo & Co		41,272,478
	38,291		Zions Bancorporation		1,725,775
			TOTAL BANKS		293,464,382
CAPITAL GOODS - 6.5%
	120,787		3M Co		21,103,905
	30,778		A.O. Smith Corp		1,398,860
	19,715		Allegion plc		2,041,291
	47,865		Ametek, Inc		4,289,183
	86,750		Arconic, Inc		2,172,220
	110,288		Boeing Co		37,628,060
	121,036		Caterpillar, Inc		15,936,810
	29,972		Cummins, Inc		4,915,408
	66,954		Deere & Co		11,090,930
	30,513		Dover Corp		2,955,184
	88,263		Eaton Corp		7,254,336
	129,203		Emerson Electric Co		8,382,691
	118,416		Fastenal Co		3,647,213
	27,320		Flowserve Corp		1,366,820

224

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	61,914		Fortive Corp	$	4,708,560
	29,762		Fortune Brands Home & Security, Inc		1,635,124
	56,457		General Dynamics Corp		10,497,615
	1,841,741		General Electric Co		19,246,193
	152,747		Honeywell International, Inc		26,342,747
	9,090		Huntington Ingalls		2,075,247
	63,165		Illinois Tool Works, Inc		9,741,938
	51,485		Ingersoll-Rand plc		6,366,635
	24,955		Jacobs Engineering Group, Inc		2,059,037
	167,720		Johnson Controls International plc		7,118,037
	46,353	*	L3Harris Technologies, Inc		9,622,883
	51,802		Lockheed Martin Corp		18,761,130
	61,521		Masco Corp		2,508,211
	35,845		Northrop Grumman Corp		12,386,957
	73,336		PACCAR, Inc		5,143,787
	26,587		Parker-Hannifin Corp		4,654,852
	32,646		Pentair plc		1,266,991
	30,451		Quanta Services, Inc		1,139,476
	58,828		Raytheon Co		10,723,756
	25,444		Rockwell Automation, Inc		4,090,886
	22,030		Roper Industries, Inc		8,011,209
	11,937		Snap-On, Inc		1,821,706
	31,611		Stanley Black & Decker, Inc		4,665,467
	49,343		Textron, Inc		2,432,610
	10,146	*	TransDigm Group, Inc		4,925,274
	16,418	*	United Rentals, Inc		2,077,698
	170,045		United Technologies Corp		22,718,012
	9,519		W.W. Grainger, Inc		2,770,315
	33,613	e	Wabtec Corp		2,611,058
	37,010		Xylem, Inc		2,971,533
			TOTAL CAPITAL GOODS		339,277,855
COMMERCIAL & PROFESSIONAL SERVICES - 0.7%
	17,737		Cintas Corp		4,619,424
	43,592	*	Copart, Inc		3,379,688
	25,905		Equifax, Inc		3,603,126
	74,897	*	IHS Markit Ltd		4,824,865
	74,569		Nielsen NV		1,727,018
	45,638		Republic Services, Inc		4,045,809
	23,957		Robert Half International, Inc		1,447,242
	31,255		Rollins, Inc		1,047,980
	34,500		Verisk Analytics, Inc		5,234,340
	81,941		Waste Management, Inc		9,587,097
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		39,516,589
CONSUMER DURABLES & APPAREL - 1.1%
	31,341	*	Capri Holdings Ltd		1,115,426
	70,539		DR Horton, Inc		3,239,856
	25,295	*	Garmin Ltd		1,987,934
	75,653		Hanesbrands, Inc		1,217,257
	24,444		Hasbro, Inc		2,961,635
	27,507		Leggett & Platt, Inc		1,099,455
	60,999		Lennar Corp (Class A)		2,901,722

225

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	13,275	*	Mohawk Industries, Inc	$	1,655,260
	84,654		Newell Rubbermaid, Inc		1,201,240
	264,006		Nike, Inc (Class B)		22,712,436
	53,655		Pulte Homes, Inc		1,690,669
	15,986		PVH Corp		1,421,475
	11,568		Ralph Lauren Corp		1,205,733
	60,277		Tapestry, Inc		1,864,368
	39,270	*	Under Armour, Inc (Class A)		905,959
	38,984	*	Under Armour, Inc (Class C)		792,935
	67,695		VF Corp		5,915,866
	13,344		Whirlpool Corp		1,941,285
			TOTAL CONSUMER DURABLES & APPAREL		55,830,511
CONSUMER SERVICES - 2.0%
	84,083		Carnival Corp		3,971,240
	5,071	*	Chipotle Mexican Grill, Inc (Class A)		4,034,133
	25,532		Darden Restaurants, Inc		3,103,670
	43,808		H&R Block, Inc		1,213,043
	60,706		Hilton Worldwide Holdings, Inc		5,861,164
	59,316		Marriott International, Inc (Class A)		8,248,483
	160,107		McDonald’s Corp		33,737,747
	105,033		MGM Resorts International		3,153,091
	45,115	*	Norwegian Cruise Line Holdings Ltd		2,230,486
	35,865		Royal Caribbean Cruises Ltd		4,172,534
	255,278		Starbucks Corp		24,172,274
	20,460		Wynn Resorts Ltd		2,661,232
	65,204		Yum! Brands, Inc		7,336,754
			TOTAL CONSUMER SERVICES		103,895,851
DIVERSIFIED FINANCIALS - 3.5%
	11,623		Affiliated Managers Group, Inc		997,137
	145,250		American Express Co		18,064,742
	28,171		Ameriprise Financial, Inc		4,099,162
	183,037		Bank of New York Mellon Corp		8,588,096
	25,081		BlackRock, Inc		11,729,882
	98,836		Capital One Financial Corp		9,134,423
	23,475		CBOE Holdings, Inc		2,566,052
	248,554		Charles Schwab Corp		10,742,504
	75,242		CME Group, Inc		14,628,550
	68,486		Discover Financial Services		6,145,934
	49,973		E*TRADE Financial Corp		2,438,183
	64,087		Franklin Resources, Inc		2,091,159
	72,127		Goldman Sachs Group, Inc		15,877,317
	119,386		IntercontinentalExchange Group, Inc		10,489,254
	83,923		Invesco Ltd		1,610,482
	56,934		Jefferies Financial Group, Inc		1,214,402
	7,926		MarketAxess Holdings, Inc		2,671,379
	35,047		Moody’s Corp		7,511,974
	272,550		Morgan Stanley		12,144,828
	17,584		MSCI, Inc (Class A)		3,995,788
	24,170		NASDAQ OMX Group, Inc		2,329,263
	45,163		Northern Trust Corp		4,425,974
	26,241		Raymond James Financial, Inc		2,116,861

226

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	51,791		S&P Global, Inc	$	12,686,205
	79,417		State Street Corp		4,613,334
	137,770		Synchrony Financial		4,943,188
	49,431		T Rowe Price Group, Inc		5,604,981
			TOTAL DIVERSIFIED FINANCIALS		183,461,054
ENERGY - 4.8%
	105,956		Anadarko Petroleum Corp		7,804,719
	76,491		Apache Corp		1,867,910
	105,680		Baker Hughes a GE Co		2,683,215
	89,832		Cabot Oil & Gas Corp		1,721,181
	401,501		Chevron Corp		49,428,788
	21,598		Cimarex Energy Co		1,094,371
	42,301		Concho Resources, Inc		4,131,962
	238,425		ConocoPhillips		14,086,149
	91,479	*	Devon Energy Corp		2,469,933
	32,924		Diamondback Energy, Inc		3,405,329
	121,798		EOG Resources, Inc		10,456,358
	891,810	d	Exxon Mobil Corp		66,314,992
	184,152		Halliburton Co		4,235,496
	25,042		Helmerich & Payne, Inc		1,244,087
	52,725		Hess Corp		3,418,689
	33,934		HollyFrontier Corp		1,688,895
	407,406		Kinder Morgan, Inc		8,400,712
	174,601		Marathon Oil Corp		2,456,636
	140,340		Marathon Petroleum Corp		7,913,773
	77,878		National Oilwell Varco, Inc		1,855,054
	102,535		Noble Energy, Inc		2,263,973
	157,771		Occidental Petroleum Corp		8,103,119
	85,535		ONEOK, Inc		5,994,293
	87,139		Phillips 66		8,936,976
	35,729		Pioneer Natural Resources Co		4,932,031
	288,295		Schlumberger Ltd		11,523,151
	90,684		TechnipFMC plc (Euro OTC)		2,497,437
	87,202		Valero Energy Corp		7,433,970
	254,191		Williams Cos, Inc		6,263,266
			TOTAL ENERGY		254,626,465
FOOD & STAPLES RETAILING - 1.5%
	92,316		Costco Wholesale Corp		25,445,059
	165,684		Kroger Co		3,505,873
	99,525		Sysco Corp		6,824,429
	163,804		Walgreens Boots Alliance, Inc		8,925,680
	294,839		Walmart, Inc		32,544,329
			TOTAL FOOD & STAPLES RETAILING		77,245,370
FOOD, BEVERAGE & TOBACCO - 3.9%
	393,215		Altria Group, Inc		18,508,630
	116,103		Archer Daniels Midland Co		4,769,511
	35,302		Brown-Forman Corp (Class B)		1,934,903
	40,118		Campbell Soup Co		1,658,478
	810,795		Coca-Cola Co		42,672,141
	103,429		ConAgra Brands, Inc		2,985,995
	35,017		Constellation Brands, Inc (Class A)		6,892,046

227

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	124,713		General Mills, Inc	$	6,623,507
	29,622		Hershey Co		4,494,842
	58,918		Hormel Foods Corp		2,415,049
	23,342		J.M. Smucker Co		2,595,397
	52,945		Kellogg Co		3,082,458
	129,347		Kraft Heinz Co		4,140,398
	30,561		Lamb Weston Holdings, Inc		2,051,254
	25,907		McCormick & Co, Inc		4,107,296
	39,161		Molson Coors Brewing Co (Class B)		2,114,302
	303,486		Mondelez International, Inc		16,233,466
	82,165	*	Monster Beverage Corp		5,297,178
	295,907		PepsiCo, Inc		37,819,874
	327,637		Philip Morris International, Inc		27,393,729
	61,924		Tyson Foods, Inc (Class A)		4,922,958
			TOTAL FOOD, BEVERAGE & TOBACCO		202,713,412
HEALTH CARE EQUIPMENT & SERVICES - 6.3%
	371,846		Abbott Laboratories		32,387,787
	9,391	*	Abiomed, Inc		2,615,957
	15,360	*	Align Technology, Inc		3,211,469
	33,315		AmerisourceBergen Corp		2,903,402
	54,565		Anthem, Inc		16,075,395
	99,296		Baxter International, Inc		8,337,885
	56,673		Becton Dickinson & Co		14,326,934
	292,367	*	Boston Scientific Corp		12,413,903
	62,523		Cardinal Health, Inc		2,859,177
	85,912	*	Centene Corp		4,475,156
	68,700		Cerner Corp		4,922,355
	79,513		Cigna Corp		13,510,849
	10,545		Cooper Cos, Inc		3,557,883
	272,908		CVS Health Corp		15,247,370
	132,969		Danaher Corp		18,682,144
	26,595	*	DaVita, Inc		1,591,711
	48,887		Dentsply Sirona, Inc		2,661,897
	43,591	*	Edwards Lifesciences Corp		9,278,344
	55,473		HCA Healthcare, Inc		7,406,200
	32,307	*	Henry Schein, Inc		2,149,708
	57,112	*	Hologic, Inc		2,926,990
	28,417		Humana, Inc		8,432,745
	17,963	*	IDEXX Laboratories, Inc		5,066,464
	24,335	*	Intuitive Surgical, Inc		12,642,276
	20,963	*	Laboratory Corp of America Holdings		3,511,722
	39,809		McKesson Corp		5,531,461
	282,355		Medtronic plc		28,783,269
	27,994		Quest Diagnostics, Inc		2,857,627
	30,765		Resmed, Inc		3,959,455
	65,187		Stryker Corp		13,674,929
	9,568		Teleflex, Inc		3,250,632
	200,312		UnitedHealth Group, Inc		49,879,691
	18,182		Universal Health Services, Inc (Class B)		2,742,936
	18,964	*	Varian Medical Systems, Inc		2,225,805
	10,455	*	WellCare Health Plans, Inc		3,003,199
	42,782		Zimmer Biomet Holdings, Inc		5,781,132
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		332,885,859

228

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
HOUSEHOLD & PERSONAL PRODUCTS - 1.9%
	51,521		Church & Dwight Co, Inc	$	3,886,744
	26,586		Clorox Co		4,322,884
	181,657		Colgate-Palmolive Co		13,032,073
	63,153		Coty, Inc		688,999
	45,740		Estee Lauder Cos (Class A)		8,424,851
	72,455		Kimberly-Clark Corp		9,828,521
	528,688		Procter & Gamble Co		62,406,331
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		102,590,403
INSURANCE - 4.1%
	158,722		Aflac, Inc		8,355,126
	69,188		Allstate Corp		7,430,791
	182,642		American International Group, Inc		10,226,126
	50,500		Aon plc		9,557,125
	39,521		Arthur J. Gallagher & Co		3,573,884
	14,156		Assurant, Inc		1,604,724
	408,296	*	Berkshire Hathaway, Inc (Class B)		83,876,247
	96,485		Chubb Ltd		14,746,767
	31,730		Cincinnati Financial Corp		3,405,581
	9,023		Everest Re Group Ltd		2,225,433
	73,549		Hartford Financial Services Group, Inc		4,238,629
	42,631		Lincoln National Corp		2,785,510
	58,005		Loews Corp		3,105,588
	107,784		Marsh & McLennan Cos, Inc		10,649,059
	200,336		Metlife, Inc		9,900,605
	54,952		Principal Financial Group		3,189,414
	123,118		Progressive Corp		9,970,096
	85,512		Prudential Financial, Inc		8,663,221
	20,667		Torchmark Corp		1,887,310
	54,805		Travelers Cos, Inc		8,035,509
	46,773		UnumProvident Corp		1,494,397
	27,203		Willis Towers Watson plc		5,310,570
			TOTAL INSURANCE		214,231,712
MATERIALS - 2.7%
	46,101		Air Products & Chemicals, Inc		10,523,475
	22,909		Albemarle Corp		1,671,441
	346,802	*	Amcor plc		3,676,101
	18,205		Avery Dennison Corp		2,091,208
	70,872		Ball Corp		5,065,931
	27,238		Celanese Corp (Series A)		3,055,286
	47,840		CF Industries Holdings, Inc		2,370,950
	156,537		Corteva, Inc		4,617,842
	158,234		Dow, Inc		7,664,855
	156,537		DuPont de Nemours, Inc		11,295,710
	29,825		Eastman Chemical Co		2,247,314
	53,362		Ecolab, Inc		10,764,716
	27,653		FMC Corp		2,389,772
	303,454		Freeport-McMoRan Copper & Gold, Inc (Class B)		3,356,201
	21,107		International Flavors & Fragrances, Inc		3,039,197
	82,471		International Paper Co		3,621,302
	114,399		Linde plc		21,882,241

229

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	58,108		LyondellBasell Industries AF S.C.A	$	4,863,059
	12,940		Martin Marietta Materials, Inc		3,205,885
	71,733		Mosaic Co		1,806,954
	172,873		Newmont Mining Corp		6,313,322
	65,718		Nucor Corp		3,573,745
	19,463		Packaging Corp of America		1,965,179
	49,595		PPG Industries, Inc		5,821,957
	33,441		Sealed Air Corp		1,397,499
	17,223		Sherwin-Williams Co		8,836,088
	27,792		Vulcan Materials Co		3,845,023
	53,262		WestRock Co		1,920,095
			TOTAL MATERIALS		142,882,348
MEDIA & ENTERTAINMENT - 8.3%
	160,350		Activision Blizzard, Inc		7,815,459
	63,114	*	Alphabet, Inc (Class A)		76,885,475
	64,521	*	Alphabet, Inc (Class C)		78,501,410
	72,922		CBS Corp (Class B)		3,756,212
	36,525	*	Charter Communications, Inc		14,076,004
	954,665		Comcast Corp (Class A)		41,212,888
	32,619	*,e	Discovery, Inc (Class A)		988,682
	75,310	*	Discovery, Inc (Class C)		2,126,754
	47,021	*	DISH Network Corp (Class A)		1,592,131
	62,491	*	Electronic Arts, Inc		5,780,418
	506,395	*	Facebook, Inc		98,357,101
	74,154		Fox Corp (Class A)		2,767,427
	34,115		Fox Corp (Class B)		1,269,078
	80,080		Interpublic Group of Cos, Inc		1,835,434
	92,154	*	NetFlix, Inc		29,764,820
	79,664		News Corp (Class A)		1,048,378
	25,832		News Corp (Class B)		347,699
	47,631		Omnicom Group, Inc		3,820,959
	23,629	*	Take-Two Interactive Software, Inc		2,895,025
	23,266	*	TripAdvisor, Inc		1,027,194
	155,554	*	Twitter, Inc		6,581,490
	72,179		Viacom, Inc (Class B)		2,190,633
	366,552		Walt Disney Co		52,420,602
			TOTAL MEDIA & ENTERTAINMENT		437,061,273
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.3%
	311,267		AbbVie, Inc		20,736,607
	65,358		Agilent Technologies, Inc		4,536,499
	46,704	*	Alexion Pharmaceuticals, Inc		5,291,096
	65,126		Allergan plc		10,452,723
	128,559		Amgen, Inc		23,986,538
	41,166	*	Biogen Idec, Inc		9,790,098
	343,219		Bristol-Myers Squibb Co		15,242,356
	149,362	*	Celgene Corp		13,720,393
	182,509		Eli Lilly & Co		19,884,356
	267,917		Gilead Sciences, Inc		17,553,922
	31,039	*	Illumina, Inc		9,292,456
	38,476	*	Incyte Corp		3,267,382
	33,333	*	IQVIA Holdings, Inc		5,305,614

230

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	559,042		Johnson & Johnson	$	72,798,449
	541,711		Merck & Co, Inc		44,956,596
	5,255	*	Mettler-Toledo International, Inc		3,976,721
	107,298	*	Mylan NV		2,242,528
	39,935	*	Nektar Therapeutics		1,136,550
	23,205	*	PerkinElmer, Inc		1,998,415
	27,511		Perrigo Co plc		1,485,869
	1,170,164		Pfizer, Inc		45,449,170
	16,556	*	Regeneron Pharmaceuticals, Inc		5,045,607
	84,361		Thermo Fisher Scientific, Inc		23,425,362
	53,446	*	Vertex Pharmaceuticals, Inc		8,905,172
	14,644	*	Waters Corp		3,083,441
	100,212		Zoetis, Inc		11,513,357
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		385,077,277
REAL ESTATE - 3.0%
	23,587		Alexandria Real Estate Equities, Inc		3,452,193
	93,238		American Tower Corp		19,731,026
	32,580		Apartment Investment & Management Co		1,614,013
	28,985		AvalonBay Communities, Inc		6,051,778
	31,777		Boston Properties, Inc		4,224,752
	66,156	*	CBRE Group, Inc		3,506,930
	87,625		Crown Castle International Corp		11,676,908
	44,329		Digital Realty Trust, Inc		5,069,464
	77,569		Duke Realty Corp		2,585,375
	17,732		Equinix, Inc		8,903,237
	76,562		Equity Residential		6,039,976
	13,574		Essex Property Trust, Inc		4,102,334
	27,401		Extra Space Storage, Inc		3,079,598
	16,185		Federal Realty Investment Trust		2,136,582
	101,193		HCP, Inc		3,231,093
	152,269		Host Marriott Corp		2,647,958
	62,199		Iron Mountain, Inc		1,829,273
	84,243		Kimco Realty Corp		1,618,308
	23,243		Macerich Co		768,181
	23,407		Mid-America Apartment Communities, Inc		2,758,281
	131,096		Prologis, Inc		10,567,649
	32,075		Public Storage, Inc		7,786,527
	66,354		Realty Income Corp		4,592,360
	35,553		Regency Centers Corp		2,371,385
	24,072	*	SBA Communications Corp		5,907,510
	64,292		Simon Property Group, Inc		10,428,162
	18,074		SL Green Realty Corp		1,465,440
	58,578		UDR, Inc		2,698,103
	77,776		Ventas, Inc		5,233,547
	37,506		Vornado Realty Trust		2,412,386
	85,351		Welltower, Inc		7,094,375
	156,545		Weyerhaeuser Co		3,977,808
			TOTAL REAL ESTATE		159,562,512
RETAILING - 6.5%
	15,336		Advance Auto Parts, Inc		2,310,215
	87,168	*	Amazon.com, Inc		162,723,479
	5,256	*	AutoZone, Inc		5,902,698
	48,896		Best Buy Co, Inc		3,742,011

231

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	9,125	*	Booking Holdings, Inc	$	17,215,316
	35,760	*	CarMax, Inc		3,138,298
	55,093		Dollar General Corp		7,383,564
	50,184	*	Dollar Tree, Inc		5,106,222
	172,670		eBay, Inc		7,112,277
	29,124		Expedia, Inc		3,865,920
	25,337		Foot Locker, Inc		1,040,337
	48,037		Gap, Inc		936,721
	30,214		Genuine Parts Co		2,934,384
	231,910		Home Depot, Inc		49,556,848
	34,856		Kohl’s Corp		1,877,344
	52,127		L Brands, Inc		1,352,696
	66,660	*	LKQ Corp		1,795,154
	165,019		Lowe’s Companies, Inc		16,732,927
	64,570		Macy’s, Inc		1,467,676
	20,686	e	Nordstrom, Inc		684,913
	16,350	*	O’Reilly Automotive, Inc		6,225,426
	78,285		Ross Stores, Inc		8,300,559
	109,515		Target Corp		9,462,096
	22,799		Tiffany & Co		2,141,282
	258,921		TJX Companies, Inc		14,126,730
	25,916		Tractor Supply Co		2,819,920
	11,554	*	Ulta Beauty, Inc		4,035,234
			TOTAL RETAILING		343,990,247
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.9%
	187,433	*	Advanced Micro Devices, Inc		5,707,335
	76,947		Analog Devices, Inc		9,038,194
	198,683		Applied Materials, Inc		9,808,980
	83,546		Broadcom, Inc		24,227,505
	943,979		Intel Corp		47,718,138
	34,708		Kla-Tencor Corp		4,731,394
	31,754		Lam Research Corp		6,624,202
	57,946		Maxim Integrated Products, Inc		3,429,824
	49,794	e	Microchip Technology, Inc		4,701,549
	233,538	*	Micron Technology, Inc		10,483,521
	128,276		NVIDIA Corp		21,642,727
	26,642	*	Qorvo, Inc		1,952,592
	256,192		Qualcomm, Inc		18,743,007
	35,982		Skyworks Solutions, Inc		3,068,545
	196,766		Texas Instruments, Inc		24,597,718
	53,046		Xilinx, Inc		6,058,384
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		202,533,615
SOFTWARE & SERVICES - 12.2%
	133,638		Accenture plc		25,736,006
	102,191	*	Adobe, Inc		30,540,802
	34,035	*	Akamai Technologies, Inc		2,999,505
	9,660		Alliance Data Systems Corp		1,515,847
	17,494	*	Ansys, Inc		3,553,381
	46,570	*	Autodesk, Inc		7,272,837
	91,637		Automatic Data Processing, Inc		15,259,393
	24,393		Broadridge Financial Solutions, Inc		3,100,838

232

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	60,558	*	Cadence Design Systems, Inc	$	4,475,842
	25,547		Citrix Systems, Inc		2,407,549
	120,974		Cognizant Technology Solutions Corp (Class A)		7,880,246
	55,958		DXC Technology Co		3,120,778
	128,873		Fidelity National Information Services, Inc		17,172,327
	119,870	*	Fiserv, Inc		12,637,894
	17,887	*	FleetCor Technologies, Inc		5,082,949
	30,185	*	Fortinet, Inc		2,424,157
	18,905	*	Gartner, Inc		2,634,034
	32,839		Global Payments, Inc		5,514,325
	186,478		International Business Machines Corp		27,643,499
	54,542		Intuit, Inc		15,125,042
	15,854		Jack Henry & Associates, Inc		2,214,804
	189,511		MasterCard, Inc (Class A)		51,598,160
	1,615,132		Microsoft Corp		220,094,038
	511,454		Oracle Corp		28,794,860
	66,860		Paychex, Inc		5,552,723
	247,645	*	PayPal Holdings, Inc		27,340,008
	163,673	*	salesforce.com, Inc		25,287,478
	134,372		Symantec Corp		2,897,060
	31,005	*	Synopsys, Inc		4,116,224
	34,521		Total System Services, Inc		4,685,190
	22,441	*	VeriSign, Inc		4,737,071
	367,466		Visa, Inc (Class A)		65,408,948
	91,845		Western Union Co		1,928,745
			TOTAL SOFTWARE & SERVICES		640,752,560
TECHNOLOGY HARDWARE & EQUIPMENT - 5.8%
	61,454		Amphenol Corp (Class A)		5,734,887
	921,302		Apple, Inc		196,274,178
	11,334	*	Arista Networks, Inc		3,099,282
	902,269		Cisco Systems, Inc		49,985,703
	167,476		Corning, Inc		5,149,887
	11,933	*	F5 Networks, Inc		1,750,810
	28,578		Flir Systems, Inc		1,419,184
	287,040		Hewlett Packard Enterprise Co		4,124,765
	323,972		HP, Inc		6,816,371
	7,740	*	IPG Photonics Corp		1,014,017
	72,375		Juniper Networks, Inc		1,955,573
	39,373	*	Keysight Technologies, Inc		3,524,671
	34,530		Motorola Solutions, Inc		5,730,599
	50,490		NetApp, Inc		2,953,160
	54,701		Seagate Technology, Inc		2,533,203
	70,618		TE Connectivity Ltd		6,525,103
	60,944		Western Digital Corp		3,284,272
	44,491		Xerox Corp		1,428,161
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		303,303,826
TELECOMMUNICATION SERVICES - 2.1%
	1,538,201		AT&T, Inc		52,375,744
	204,853		CenturyLink, Inc		2,476,673
	66,329	*	T-Mobile US, Inc		5,288,411
	871,711		Verizon Communications, Inc		48,179,467
			TOTAL TELECOMMUNICATION SERVICES		108,320,295

233

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
TRANSPORTATION - 2.0%
	28,139		Alaska Air Group, Inc	$	1,782,887
	81,437		American Airlines Group, Inc		2,484,643
	28,913		CH Robinson Worldwide, Inc		2,420,886
	163,257		CSX Corp		11,493,293
	129,085		Delta Air Lines, Inc		7,879,348
	36,696		Expeditors International of Washington, Inc		2,801,740
	50,146		FedEx Corp		8,551,397
	18,448		JB Hunt Transport Services, Inc		1,888,522
	21,239		Kansas City Southern Industries, Inc		2,628,114
	55,694		Norfolk Southern Corp		10,644,237
	105,033		Southwest Airlines Co		5,412,350
	149,186		Union Pacific Corp		26,846,020
	46,233	*	United Continental Holdings, Inc		4,249,275
	146,410		United Parcel Service, Inc (Class B)		17,491,603
			TOTAL TRANSPORTATION		106,574,315
UTILITIES - 3.2%
	137,268		AES Corp		2,304,730
	50,669		Alliant Energy Corp		2,510,142
	51,283		Ameren Corp		3,881,610
	104,813		American Electric Power Co, Inc		9,203,629
	39,144		American Water Works Co, Inc		4,492,948
	24,428		Atmos Energy Corp		2,663,629
	107,578		Centerpoint Energy, Inc		3,120,838
	59,354		CMS Energy Corp		3,455,590
	69,026		Consolidated Edison, Inc		5,864,449
	168,413		Dominion Resources, Inc		12,511,402
	39,130		DTE Energy Co		4,973,814
	152,146		Duke Energy Corp		13,194,101
	74,697		Edison International		5,567,914
	39,676		Entergy Corp		4,190,579
	51,455		Evergy, Inc		3,112,513
	67,597		Eversource Energy		5,127,908
	204,212		Exelon Corp		9,201,793
	105,413		FirstEnergy Corp		4,635,010
	100,983		NextEra Energy, Inc		20,920,648
	79,567		NiSource, Inc		2,362,344
	60,661		NRG Energy, Inc		2,070,967
	24,135		Pinnacle West Capital Corp		2,201,595
	150,871		PPL Corp		4,470,308
	106,036		Public Service Enterprise Group, Inc		6,059,957
	58,279		Sempra Energy		7,892,725
	220,748		Southern Co		12,406,038
	66,854		WEC Energy Group, Inc		5,713,343
	108,838		Xcel Energy, Inc		6,487,833
			TOTAL UTILITIES		170,598,357
			TOTAL COMMON STOCKS		5,226,987,853
			(Cost $2,929,613,985)

234

TIAA-CREF FUNDS - S&P 500 Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.6%
GOVERNMENT AGENCY DEBT - 0.5%
$	27,950,000	Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	$	27,950,000
		TOTAL GOVERNMENT AGENCY DEBT						27,950,000
TREASURY DEBT - 0.1%
	2,730,000	United States Treasury Bill		2.142		08/06/19		2,729,241
		TOTAL TREASURY DEBT						2,729,241
		TOTAL SHORT-TERM INVESTMENTS						30,679,241
		(Cost $30,679,188)
		TOTAL INVESTMENTS - 100.0%						5,257,667,094
		(Cost $2,960,293,173)
		OTHER ASSETS & LIABILITIES, NET - (0.0)%						(983,116	)
		NET ASSETS - 100.0%					$	5,256,683,978

	Abbreviation(s):
OTC	Over The Counter
*	Non-income producing
d	All or a portion of these securities have been segregated to cover margin requirements on open futures contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $8,842,766.

Futures contracts outstanding as of July 31, 2019 were as follows:

Description	Number of long (short)  contracts	Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
S&P 500 E Mini Index	157	09/20/19	$	23,615,690	$	23,411,055	$	(204,635	)

235

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

TIAA-CREF FUNDS
SMALL-CAP BLEND INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 1.2%
	132,676		Adient plc	$	3,151,055
	173,124	*	American Axle & Manufacturing Holdings, Inc		2,089,607
	77,895		Cooper Tire & Rubber Co		2,096,933
	25,923	*	Cooper-Standard Holding, Inc		1,282,670
	221,947		Dana Holding Corp		3,708,734
	42,050	*	Dorman Products, Inc		3,022,554
	57,731	*	Fox Factory Holding Corp		4,623,099
	50,613	*	Gentherm, Inc		2,070,578
	37,697		LCI Industries, Inc		3,454,176
	72,580	*	Modine Manufacturing Co		995,798
	30,356	*,e	Motorcar Parts of America, Inc		542,765
	55,386		Spartan Motors, Inc		665,740
	32,117		Standard Motor Products, Inc		1,477,703
	42,772	*	Stoneridge, Inc		1,393,084
	76,129		Tenneco, Inc		688,206
	29,699		Tower International, Inc		914,729
	43,120	*	Visteon Corp		2,840,746
	46,761		Winnebago Industries, Inc		1,884,468
			TOTAL AUTOMOBILES & COMPONENTS		36,902,645
BANKS - 11.9%
	8,952		1st Constitution Bancorp		163,016
	22,445		1st Source Corp		1,053,793
	11,249		ACNB Corp		419,588
	31,042	*	Allegiance Bancshares, Inc		1,041,769
	20,878		Amalgamated Bank		358,266
	33,563	*,e	Amerant Bancorp Inc		616,888
	16,502		American National Bankshares, Inc		610,409
	100,494		Ameris Bancorp		3,996,646
	10,037	*	Ames National Corp		274,110
	18,668		Arrow Financial Corp		620,898
	35,580	*	Atlantic Capital Bancshares, Inc		654,316
	124,605		Atlantic Union Bankshares Corp		4,738,728
	90,042	*	Axos Financial, Inc		2,639,131
	71,300		Banc of California, Inc		1,114,419
	28,796		Bancfirst Corp		1,679,959
	146,972		BancorpSouth Bank		4,392,993
	8,554		Bank First Corp		495,277
	25,413		Bank of Commerce Holdings		273,698
	19,747		Bank of Marin Bancorp		863,339
	83,065		Bank of NT Butterfield & Son Ltd		2,610,733
	7,049		Bank of Princeton		194,341
	4,650	*	Bank7 Corp		87,931
	22,248		BankFinancial Corp		298,346

236

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	10,156		Bankwell Financial Group, Inc	$	285,384
	52,402		Banner Corp		3,105,342
	23,689		Bar Harbor Bankshares		601,464
	15,892	*	Baycom Corp		363,927
	22,676		BCB Bancorp, Inc		290,933
	69,769		Berkshire Hills Bancorp, Inc		2,288,423
	126,483		Boston Private Financial Holdings, Inc		1,459,614
	24,075		Bridge Bancorp, Inc		703,231
	37,702	*	Bridgewater Bancshares, Inc		449,408
	123,282		Brookline Bancorp, Inc		1,828,272
	29,915		Bryn Mawr Bank Corp		1,109,248
	18,448		Business First Bancshares, Inc		460,093
	38,336	*	Byline Bancorp, Inc		732,601
	5,430		C&F Financial Corp		294,849
	189,072		Cadence BanCorp		3,240,694
	7,508	e	Cambridge Bancorp		587,126
	24,618		Camden National Corp		1,100,671
	8,590	*	Capital Bancorp, Inc		109,437
	19,831		Capital City Bank Group, Inc		512,036
	201,267		Capitol Federal Financial		2,749,307
	21,659		Capstar Financial Holdings, Inc		350,876
	32,888		Carolina Financial Corp		1,155,027
	38,112	*,e	Carter Bank & Trust		760,334
	117,359		Cathay General Bancorp		4,368,102
	27,893		CBTX, Inc		840,695
	192,948		Centerstate Banks of Florida, Inc		4,692,495
	43,524		Central Pacific Financial Corp		1,282,652
	17,848		Central Valley Community Bancorp		369,989
	4,339		Century Bancorp, Inc		363,391
	5,329		Chemung Financial Corp		232,558
	17,668		Citizens & Northern Corp		452,654
	24,852		City Holding Co		1,924,787
	22,628		Civista Bancshares, Inc		501,663
	21,325		CNB Financial Corp		601,791
	8,214	*	Coastal Financial Corp		130,520
	14,707		Codorus Valley Bancorp, Inc		344,144
	11,060	e	Colony Bankcorp Inc		185,255
	113,142		Columbia Banking System, Inc		4,266,585
	83,156	*	Columbia Financial, Inc		1,271,455
	12,325		Commerce Union Bancshares, Inc		306,399
	77,598		Community Bank System, Inc		5,120,692
	25,274		Community Bankers Trust Corp		201,181
	4,657		Community Financial Corp		151,492
	24,977		Community Trust Bancorp, Inc		1,056,277
	49,894		ConnectOne Bancorp, Inc		1,140,577
	44,542	*	Customers Bancorp, Inc		918,456
	204,956		CVB Financial Corp		4,511,082
	50,504		Dime Community Bancshares		1,019,171
	5,168		DNB Financial Corp		236,643
	51,079		Eagle Bancorp, Inc		2,058,994
	9,912	*	Entegra Financial Corp		295,477
	11,122		Enterprise Bancorp, Inc		339,777
	38,200		Enterprise Financial Services Corp		1,592,176

237

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	23,528	*	Equity Bancshares, Inc	$	623,257
	7,285	*	Esquire Financial Holdings, Inc		186,860
	11,519		ESSA Bancorp, Inc		176,817
	146,731	*	Essent Group Ltd		6,773,103
	7,624		Evans Bancorp, Inc		282,545
	18,109	e	Farmers & Merchants Bancorp, Inc		518,642
	37,668		Farmers National Banc Corp		550,329
	25,633		FB Financial Corp		974,310
	14,205		Federal Agricultural Mortgage Corp (Class C)		1,097,620
	3,409	e	Fidelity D&D Bancorp, Inc		224,892
	22,763		Financial Institutions, Inc		700,873
	45,340		First Bancorp (NC)		1,674,860
	330,818		First Bancorp (Puerto Rico)		3,559,602
	12,679		First Bancorp, Inc		332,317
	27,274		First Bancshares, Inc		905,770
	26,438		First Bank		300,864
	79,449		First Busey Corp		2,147,506
	12,965		First Business Financial Services, Inc		308,956
	4,803		First Capital Inc		272,570
	15,550	e	First Choice Bancorp		345,210
	150,332		First Commonwealth Financial Corp		2,070,072
	25,373		First Community Bancshares, Inc		839,085
	28,562		First Defiance Financial Corp		820,301
	150,651		First Financial Bancorp		3,840,094
	198,324		First Financial Bankshares, Inc		6,495,111
	19,489		First Financial Corp		846,017
	10,818		First Financial Northwest, Inc		159,890
	62,437		First Foundation, Inc		939,052
	5,815		First Guaranty Bancshares, Inc		127,058
	17,083		First Internet Bancorp		360,110
	57,170		First Interstate Bancsystem, Inc		2,288,515
	75,341		First Merchants Corp		2,969,189
	21,453		First Mid-Illinois Bancshares, Inc		731,118
	160,968		First Midwest Bancorp, Inc		3,481,738
	11,534		First Northwest Bancorp		185,351
	35,404		First of Long Island Corp		783,136
	43,396		Flagstar Bancorp, Inc		1,496,294
	44,507		Flushing Financial Corp		906,162
	25,298		FNCB Bancorp Inc		201,119
	19,540		Franklin Financial Network, Inc		576,430
	6,225	e	Franklin Financial Services Corp		227,212
	5,911		FS Bancorp, Inc		291,412
	253,984		Fulton Financial Corp		4,317,728
	18,000	*,e	FVCBankcorp, Inc		324,360
	37,338		German American Bancorp, Inc		1,178,014
	129,920		Glacier Bancorp, Inc		5,444,947
	17,815		Great Southern Bancorp, Inc		1,068,187
	88,458		Great Western Bancorp, Inc		2,991,650
	3,193		Greene County Bancorp, Inc		88,606
	12,174		Guaranty Bancshares, Inc		375,203
	130,759		Hancock Holding Co		5,429,114
	45,743		Hanmi Financial Corp		983,017
	26,477	*	HarborOne Bancorp, Inc		507,035

238

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	8,413		Hawthorn Bancshares Inc	$	205,530
	50,134		Heartland Financial USA, Inc		2,410,944
	64,420		Heritage Commerce Corp		796,875
	56,254		Heritage Financial Corp		1,604,364
	112,785		Hilltop Holdings, Inc		2,557,964
	2,051		Hingham Institution for Savings		395,412
	11,632		Home Bancorp, Inc		434,571
	238,052		Home Bancshares, Inc		4,682,483
	37,355	*	HomeStreet, Inc		1,084,042
	26,549		HomeTrust Bancshares, Inc		693,725
	182,808		Hope Bancorp, Inc		2,696,418
	60,357		Horizon Bancorp		1,051,419
	15,950	*	Howard Bancorp, Inc		237,495
	82,825		IBERIABANK Corp		6,507,560
	51,270		Independent Bank Corp (MA)		3,986,755
	37,008		Independent Bank Corp (MI)		804,554
	54,888		Independent Bank Group, Inc		3,118,187
	85,906		International Bancshares Corp		3,232,643
	13,794		Investar Holding Corp		332,573
	352,883		Investors Bancorp, Inc		4,008,751
	128,193		Kearny Financial Corp		1,711,377
	76,810		Lakeland Bancorp, Inc		1,258,148
	38,893		Lakeland Financial Corp		1,788,689
	18,423		LCNB Corp		331,798
	74,343		LegacyTexas Financial Group, Inc		3,177,420
	6,940		Level One Bancorp, Inc		163,506
	41,134	e	Live Oak Bancshares, Inc		800,879
	34,514		Luther Burbank Corp		385,176
	38,166		Macatawa Bank Corp		392,346
	13,709		Mackinac Financial Corp		211,119
	10,592	*	MainStreet Bancshares Inc		241,709
	7,526	*	Malvern Bancorp, Inc		159,852
	26,365		MBT Financial Corp		284,215
	24,154		Mercantile Bank Corp		811,574
	12,740		Merchants Bancorp		227,919
	75,053		Meridian Bancorp, Inc		1,376,472
	57,013		Meta Financial Group, Inc		1,759,991
	11,268	*	Metropolitan Bank Holding Corp		472,918
	10,212	e	Mid Penn Bancorp, Inc		266,023
	31,995		Midland States Bancorp, Inc		867,704
	23,503		Midsouth Bancorp, Inc		287,442
	17,500		MidWestOne Financial Group, Inc		543,725
	7,250	*	MMA Capital Holdings Inc		232,580
	115,019	*	Mr Cooper Group, Inc		875,295
	9,578		MutualFirst Financial, Inc		312,147
	10,265		MVB Financial Corp		178,714
	44,127		National Bank Holdings Corp		1,600,928
	10,194		National Bankshares, Inc		373,508
	66,710		NBT Bancorp, Inc		2,581,677
	12,110	*	Nicolet Bankshares, Inc		795,748
	98,741	*	NMI Holdings, Inc		2,456,676
	12,348		Northeast Bank		271,039
	71,072		Northfield Bancorp, Inc		1,112,277

239

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	10,242		Northrim BanCorp, Inc	$	399,131
	152,472		Northwest Bancshares, Inc		2,614,895
	6,749		Norwood Financial Corp		233,650
	8,461	e	Oak Valley Bancorp		158,559
	77,604		OceanFirst Financial Corp		1,893,538
	116,891	*	Ocwen Financial Corp		222,093
	77,884		OFG Bancorp		1,762,515
	4,776		Ohio Valley Banc Corp		172,223
	24,170		Old Line Bancshares, Inc		682,561
	265,325		Old National Bancorp		4,672,373
	42,817		Old Second Bancorp, Inc		562,615
	22,725		OP Bancorp		224,068
	34,466		Opus Bank		772,383
	31,189		Origin Bancorp, Inc		1,085,689
	60,592		Oritani Financial Corp		1,096,715
	15,145		Orrstown Financial Services, Inc		346,366
	18,242	*	Pacific Mercantile Bancorp		140,828
	93,171		Pacific Premier Bancorp, Inc		2,946,999
	20,300		Park National Corp		1,920,177
	13,310		Parke Bancorp, Inc		319,041
	19,650	*	PCB Bancorp		326,190
	25,015		PCSB Financial Corp		486,292
	16,081	*	PDL Community Bancorp		231,245
	27,148		Peapack Gladstone Financial Corp		771,818
	7,319		Penns Woods Bancorp, Inc		331,990
	40,158		PennyMac Financial Services, Inc		964,194
	5,435		Peoples Bancorp of North Carolina, Inc		147,397
	29,347		Peoples Bancorp, Inc		951,136
	12,054		Peoples Financial Services Corp		583,173
	23,166		People’s Utah Bancorp		701,930
	21,178		Preferred Bank		1,147,636
	15,076		Premier Financial Bancorp, Inc		235,487
	5,138	*	Provident Bancorp, Inc		142,066
	8,741		Provident Financial Holdings, Inc		181,551
	96,310		Provident Financial Services, Inc		2,328,776
	9,485		Prudential Bancorp, Inc		173,291
	21,818		QCR Holdings, Inc		834,757
	319,731		Radian Group, Inc		7,289,867
	23,990		RBB Bancorp		482,199
	1,047	*	Red River Bancshares Inc		49,335
	86,303		Renasant Corp		3,097,415
	14,312		Republic Bancorp, Inc (Class A)		683,684
	73,269	*	Republic First Bancorp, Inc		318,720
	31,933		Riverview Bancorp, Inc		271,430
	53,338		S&T Bancorp, Inc		2,030,578
	53,542		Sandy Spring Bancorp, Inc		1,951,070
	12,089		SB One Bancorp		276,959
	77,520	*	Seacoast Banking Corp of Florida		2,096,141
	20,799	*	Select Bancorp, Inc		236,069
	72,444		ServisFirst Bancshares, Inc		2,467,443
	14,849		Shore Bancshares, Inc		243,524
	20,869		Sierra Bancorp		544,055
	139,922		Simmons First National Corp (Class A)		3,602,991

240

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	18,802	*	SmartFinancial, Inc	$	407,815
	5,094		South Plains Financial Inc		88,916
	54,331		South State Corp		4,350,283
	10,325	*	Southern First Bancshares, Inc		421,053
	11,627		Southern Missouri Bancorp, Inc		405,201
	29,911		Southern National Bancorp of Virginia, Inc		476,183
	50,498		Southside Bancshares, Inc		1,748,241
	17,372	*	Spirit of Texas Bancshares, Inc		372,456
	27,866		Sterling Bancorp, Inc		273,644
	32,479		Stock Yards Bancorp, Inc		1,242,322
	16,315		Summit Financial Group, Inc		434,142
	11,569		Territorial Bancorp, Inc		332,609
	81,722	*	The Bancorp, Inc		791,069
	10,965		Timberland Bancorp, Inc		303,073
	22,170		Tompkins Trustco, Inc		1,817,275
	103,376		TowneBank		2,909,001
	42,922		Trico Bancshares		1,620,305
	39,629	*	Tristate Capital Holdings, Inc		832,209
	38,749	*	Triumph Bancorp, Inc		1,209,356
	144,152		Trustco Bank Corp NY		1,167,631
	99,273		Trustmark Corp		3,528,162
	67,417		UMB Financial Corp		4,601,884
	4,553	e	Union Bankshares, Inc		151,114
	149,040		United Bankshares, Inc		5,602,414
	121,269		United Community Banks, Inc		3,480,420
	72,504		United Community Financial Corp		738,091
	76,593		United Financial Bancorp, Inc (New)		1,098,344
	15,327		United Security Bancshares		164,305
	8,990		Unity Bancorp, Inc		186,183
	45,222		Univest Corp of Pennsylvania		1,241,796
	495,337		Valley National Bancorp		5,527,961
	80,588		Veritex Holdings, Inc		2,062,247
	42,593		Walker & Dunlop, Inc		2,484,876
	123,179		Washington Federal, Inc		4,505,888
	24,034		Washington Trust Bancorp, Inc		1,207,228
	38,677		Waterstone Financial, Inc		653,641
	82,483		WesBanco, Inc		3,017,228
	23,562		West Bancorporation, Inc		499,043
	40,697		Westamerica Bancorporation		2,608,678
	40,969		Western New England Bancorp, Inc		382,650
	81,588		WSFS Financial Corp		3,456,884
			TOTAL BANKS		365,774,756
CAPITAL GOODS - 10.0%
	63,527		Aaon, Inc		3,227,172
	50,055		AAR Corp		2,095,302
	85,449		Actuant Corp (Class A)		1,956,782
	57,586		Advanced Drainage Systems, Inc		1,896,307
	46,804	*	Aegion Corp		882,255
	111,870	*	Aerojet Rocketdyne Holdings, Inc		4,779,086
	32,639	*	Aerovironment, Inc		1,790,249
	79,459		Aircastle Ltd		1,651,953
	14,516		Alamo Group, Inc		1,420,971

241

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	43,450		Albany International Corp (Class A)	$	3,736,265
	11,164		Allied Motion Technologies, Inc		442,541
	97,646		Altra Holdings, Inc		2,805,370
	32,892	*	Ameresco, Inc		468,711
	31,070	*,e	American Superconductor Corp		276,212
	23,465	*	American Woodmark Corp		1,991,005
	39,047		Apogee Enterprises, Inc		1,583,746
	59,074		Applied Industrial Technologies, Inc		3,594,062
	73,846		Arcosa, Inc		2,769,225
	22,541		Argan, Inc		927,562
	31,669	*	Armstrong Flooring, Inc		264,753
	33,403		Astec Industries, Inc		1,091,944
	38,247	*	Astronics Corp		1,409,019
	71,147	*	Atkore International Group, Inc		1,941,602
	89,210	*	Axon Enterprise, Inc		6,264,326
	40,190		AZZ, Inc		1,872,050
	73,669		Barnes Group, Inc		3,833,735
	104,779	*	Beacon Roofing Supply, Inc		3,796,143
	88,378	*,e	Bloom Energy Corp		923,550
	25,623	*	Blue Bird Corp		530,909
	13,308	*,e	BlueLinx Holdings, Inc		282,263
	100,806	*	BMC Stock Holdings, Inc		2,132,047
	60,635		Briggs & Stratton Corp		577,852
	173,594	*	Builders FirstSource, Inc		2,982,345
	36,566		Caesarstone Sdot-Yam Ltd		514,484
	24,964	*	CAI International, Inc		569,179
	54,562	*	Chart Industries, Inc		4,121,068
	28,834	*	CIRCOR International, Inc		1,095,692
	33,980		Columbus McKinnon Corp		1,306,191
	56,756		Comfort Systems USA, Inc		2,383,752
	49,713	*	Commercial Vehicle Group, Inc		403,670
	16,594	*,e	Concrete Pumping Holdings Inc		67,206
	17,803	*	Construction Partners Inc		278,261
	51,374	*	Continental Building Products, Inc		1,262,773
	68,960	*	Cornerstone Building Brands, Inc		401,347
	22,411		CSW Industrials, Inc		1,582,441
	48,399		Cubic Corp		3,204,014
	35,889		Douglas Dynamics, Inc		1,475,038
	17,193	*	Ducommun, Inc		724,685
	25,440	*	DXP Enterprises, Inc		863,688
	46,519	*	Dycom Industries, Inc		2,565,988
	6,567		Eastern Co		165,882
	84,925		EMCOR Group, Inc		7,166,821
	30,819		Encore Wire Corp		1,692,579
	39,451	*,e	Energous Corp		161,355
	59,962	*	Energy Recovery, Inc		658,383
	66,357		EnerSys		4,519,575
	139,612	*	Enphase Energy, Inc		3,930,078
	30,693		EnPro Industries, Inc		2,180,431
	39,512		ESCO Technologies, Inc		3,301,623
	6,720	e	EVI Industries, Inc		236,006
	113,428	*	Evoqua Water Technologies Corp		1,612,946
	91,297		Federal Signal Corp		2,843,902

242

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	27,202	*	Foundation Building Materials, Inc	$	468,146
	72,026		Franklin Electric Co, Inc		3,375,138
	54,588		GATX Corp		4,195,634
	9,606	*	Gencor Industries, Inc		122,573
	93,386	*	Generac Holdings, Inc		6,751,808
	16,974	*	General Finance Corp		137,150
	49,647	*	Gibraltar Industries, Inc		2,057,372
	48,504	*	GMS, Inc		1,091,825
	27,897		Gorman-Rupp Co		926,738
	15,454		Graham Corp		334,579
	70,854		Granite Construction, Inc		2,515,317
	89,820	*	Great Lakes Dredge & Dock Corp		963,769
	49,605		Greenbrier Cos, Inc		1,434,081
	56,848		Griffon Corp		929,465
	50,102		H&E Equipment Services, Inc		1,533,622
	124,075	*	Harsco Corp		2,910,799
	44,580		Helios Technologies, Inc		2,093,477
	36,227	*	Herc Holdings, Inc		1,635,287
	92,946		Hillenbrand, Inc		3,131,351
	9,801		Hurco Cos, Inc		335,096
	15,780		Hyster-Yale Materials Handling, Inc		975,835
	10,618	*	IES Holdings, Inc		192,292
	29,771		Insteel Industries, Inc		580,832
	104,575	*	JELD-WEN Holding, Inc		2,291,238
	47,651		John Bean Technologies Corp		5,654,268
	16,754		Kadant, Inc		1,565,829
	41,781		Kaman Corp		2,648,915
	125,992		Kennametal, Inc		4,356,803
	139,917	*	Kratos Defense & Security Solutions, Inc		3,448,954
	7,652	*	Lawson Products, Inc		320,389
	14,955	*	LB Foster Co (Class A)		361,462
	15,913		Lindsay Corp		1,451,584
	43,089		Luxfer Holdings PLC		854,024
	24,697	*	Lydall, Inc		582,849
	55,657	*	Manitowoc Co, Inc		999,043
	38,433	*	Masonite International Corp		2,048,479
	91,962	*	Mastec, Inc		4,719,490
	94,530	e	Maxar Technologies, Inc		695,741
	81,546	*	Mercury Systems, Inc		6,647,630
	121,550	*	Meritor, Inc		3,005,931
	107,243	*	Milacron Holdings Corp		1,805,972
	17,459		Miller Industries, Inc		545,070
	49,445		Moog, Inc (Class A)		4,027,790
	121,632	*	MRC Global, Inc		1,902,324
	84,745		Mueller Industries, Inc		2,558,452
	239,743		Mueller Water Products, Inc (Class A)		2,438,186
	25,498	*	MYR Group, Inc		920,988
	7,210		National Presto Industries, Inc		663,104
	75,362	*	Navistar International Corp		2,354,309
	65,754		NN, Inc		539,840
	14,086	*	Northwest Pipe Co		329,049
	167,386	*	NOW, Inc		2,050,478
	15,397	*	NV5 Holdings, Inc		1,223,600

243

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	4,307		Omega Flex, Inc	$	327,590
	27,565	*	Parsons Corp		1,011,911
	34,287	*	Patrick Industries, Inc		1,572,745
	85,576	*	PGT, Inc		1,379,485
	337,542	*,e	Plug Power, Inc		745,968
	13,125		Powell Industries, Inc		485,494
	5,197		Preformed Line Products Co		300,231
	66,411		Primoris Services Corp		1,391,975
	40,546	*	Proto Labs, Inc		4,220,839
	49,507		Quanex Building Products Corp		921,820
	54,676		Raven Industries, Inc		1,981,458
	37,023	*	RBC Bearings, Inc		6,023,272
	40,071		REV Group, Inc		583,834
	161,340	*	Rexnord Corp		4,725,649
	40,616		Rush Enterprises, Inc (Class A)		1,529,599
	6,213		Rush Enterprises, Inc (Class B)		244,792
	68,636		Simpson Manufacturing Co, Inc		4,238,959
	62,764	*,e	SiteOne Landscape Supply, Inc		4,636,377
	65,599	*	SPX Corp		2,289,405
	63,702	*	SPX FLOW, Inc		2,583,753
	19,275		Standex International Corp		1,356,382
	42,425	*	Sterling Construction Co, Inc		531,161
	171,790	*	Sunrun, Inc		3,272,599
	27,701		Tennant Co		2,108,323
	96,457		Terex Corp		2,937,116
	43,266	*	Textainer Group Holdings Ltd		420,978
	50,899	*	Thermon Group Holdings		1,289,781
	80,213		Titan International, Inc		303,205
	31,094	*	Titan Machinery, Inc		644,890
	46,165	*	TPI Composites, Inc		1,180,439
	10,107	*	Transcat Inc		240,749
	89,844	*	Trex Co, Inc		7,344,747
	71,343	*	Trimas Corp		2,139,577
	86,078		Triton International Ltd		2,847,460
	76,926		Triumph Group, Inc		1,863,917
	60,197	*	Tutor Perini Corp		786,173
	15,363	*	Twin Disc, Inc		185,431
	90,115		Universal Forest Products, Inc		3,643,349
	18,165	*	Vectrus, Inc		734,593
	21,830	*	Veritiv Corp		380,279
	27,195	*	Vicor Corp		803,884
	63,946	*,e	Vivint Solar, Inc		527,554
	81,739		Wabash National Corp		1,293,928
	42,673		Watts Water Technologies, Inc (Class A)		3,961,335
	197,122	*	Welbilt, Inc		3,236,743
	82,531	*	Wesco Aircraft Holdings, Inc		869,051
	3,809	*	Willis Lease Finance Corp		237,110
	82,077	*	Willscot Corp		1,306,666
			TOTAL CAPITAL GOODS		306,832,925
COMMERCIAL & PROFESSIONAL SERVICES - 4.5%
	102,281		ABM Industries, Inc		4,305,007
	83,311	*	Acacia Research (Acacia Technologies)		232,438

244

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	150,252		ACCO Brands Corp	$	1,469,465
	111,924	*	Advanced Disposal Services, Inc		3,622,980
	10,666		Barrett Business Services, Inc		933,275
	14,801		BG Staffing, Inc		245,993
	73,445		Brady Corp (Class A)		3,799,310
	47,201	*	BrightView Holdings, Inc		932,692
	76,233		Brink’s Co		6,873,167
	67,624	*	Casella Waste Systems, Inc (Class A)		2,948,406
	78,856	*	CBIZ, Inc		1,842,865
	45,390	*	Ceco Environmental Corp		418,950
	23,372	*	Charah Solutions, Inc		121,534
	33,932	*	Cimpress NV		3,272,741
	1,670		Compx International, Inc		27,471
	177,245		Covanta Holding Corp		3,052,159
	11,364		CRA International, Inc		493,425
	66,548		Deluxe Corp		2,969,372
	41,579		Ennis, Inc		845,301
	79,562		Exponent, Inc		5,473,866
	17,056		Forrester Research, Inc		807,260
	16,520	*	Franklin Covey Co		602,980
	57,651	*	FTI Consulting, Inc		6,021,647
	20,419	*	GP Strategies Corp		324,254
	115,563	e	Healthcare Services Group		2,763,111
	28,504		Heidrick & Struggles International, Inc		846,569
	23,484	*	Heritage-Crystal Clean, Inc		658,726
	90,562		Herman Miller, Inc		4,106,081
	66,407		HNI Corp		2,273,776
	34,612	*	Huron Consulting Group, Inc		2,110,294
	27,732		ICF International, Inc		2,362,489
	76,117	*	Innerworkings, Inc		278,588
	58,982		Insperity, Inc		6,272,736
	89,266		Interface, Inc		1,237,227
	50,715		Kelly Services, Inc (Class A)		1,411,398
	34,544		Kforce, Inc		1,177,605
	53,929		Kimball International, Inc (Class B)		935,129
	72,979		Knoll, Inc		1,769,741
	84,742		Korn/Ferry International		3,328,666
	46,161		Matthews International Corp (Class A)		1,576,398
	37,926		McGrath RentCorp		2,583,140
	30,646	*	Mistras Group, Inc		464,593
	67,194		Mobile Mini, Inc		2,281,908
	53,902		MSA Safety, Inc		5,678,576
	60,709		Navigant Consulting, Inc		1,478,871
	9,268	*	NL Industries, Inc		47,174
	15,002	*	NRC Group Holdings Corp		183,925
	78,275	*	On Assignment, Inc		4,935,239
	279,976		Pitney Bowes, Inc		1,133,903
	45,808	e	Quad Graphics, Inc		518,088
	47,724		Resources Connection, Inc		839,942
	114,081		RR Donnelley & Sons Co		230,444
	34,993	*	SP Plus Corp		1,208,308
	134,328		Steelcase, Inc (Class A)		2,271,486
	19,807		Systemax, Inc		429,812

245

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	46,195	*	Team, Inc	$	764,989
	83,350		Tetra Tech, Inc		6,601,320
	68,472	*	TriNet Group, Inc		5,035,431
	59,874	*	TrueBlue, Inc		1,183,709
	23,218		Unifirst Corp		4,570,928
	85,960	*	Upwork, Inc		1,413,182
	33,254		US Ecology, Inc		2,115,952
	31,458		Viad Corp		2,175,006
	13,806		VSE Corp		413,628
	62,296	*	WageWorks, Inc		3,187,686
	15,639	*	Willdan Group, Inc		547,052
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		137,039,384
CONSUMER DURABLES & APPAREL - 2.9%
	52,597		Acushnet Holdings Corp		1,344,379
	83,006	*	American Outdoor Brands Corp		800,178
	12,138		Bassett Furniture Industries, Inc		155,124
	45,377	*	Beazer Homes USA, Inc		531,818
	141,336		Callaway Golf Co		2,592,102
	13,249	*	Cavco Industries, Inc		2,349,710
	40,838	*	Century Communities, Inc		1,125,904
	39,749		Clarus Corp		571,193
	97,938	*	CROCS, Inc		2,237,883
	17,842		Culp, Inc		320,621
	44,728	*	Deckers Outdoor Corp		6,990,092
	9,151	*	Delta Apparel, Inc		174,235
	12,451		Escalade, Inc		143,560
	37,258		Ethan Allen Interiors, Inc		766,770
	14,191		Flexsteel Industries, Inc		260,689
	76,544	*,e	Fossil Group, Inc		845,046
	69,925	*	G-III Apparel Group Ltd		2,004,050
	197,229	*,e	GoPro, Inc		1,043,341
	35,947	*	Green Brick Partners, Inc		338,261
	10,698		Hamilton Beach Brands Holding Co		175,554
	38,384	*	Helen of Troy Ltd		5,691,580
	14,989		Hooker Furniture Corp		312,521
	34,743	*	Installed Building Products, Inc		1,851,107
	42,579	*,e	iRobot Corp		3,112,525
	7,752		Johnson Outdoors, Inc		527,058
	127,315		KB Home		3,344,565
	67,882	*	Kontoor Brands, Inc		1,990,979
	67,332		La-Z-Boy, Inc		2,221,283
	11,965	*	Legacy Housing Corp		150,639
	30,601	*,e	LGI Homes, Inc		2,150,944
	20,611		Lifetime Brands, Inc		181,995
	10,009	*	Lovesac Co		214,593
	39,485	*	M/I Homes, Inc		1,396,584
	31,774	*	Malibu Boats, Inc		957,351
	14,127		Marine Products Corp		226,880
	28,055	*	MasterCraft Boat Holdings, Inc		465,713
	77,084		MDC Holdings, Inc		2,785,816
	55,719	*	Meritage Homes Corp		3,499,710
	23,252		Movado Group, Inc		612,225

246

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	6,361		Nacco Industries, Inc (Class A)	$	338,087
	24,935		Oxford Industries, Inc		1,824,993
	5,620	*	Purple Innovation, Inc		37,148
	11,498		Rocky Brands, Inc		362,417
	77,086		Skyline Corp		2,196,951
	109,652	*	Sonos, Inc		1,189,724
	127,834		Steven Madden Ltd		4,411,551
	25,663		Sturm Ruger & Co, Inc		1,449,960
	15,461		Superior Uniform Group, Inc		263,146
	166,088	*	Taylor Morrison Home Corp		3,740,302
	51,605	*	TopBuild Corp		4,186,714
	212,092	*	TRI Pointe Homes, Inc		2,903,539
	72,335		Tupperware Corp		1,107,449
	23,912	*	Unifi, Inc		447,394
	21,188	*	Universal Electronics, Inc		907,270
	33,254	*	Vera Bradley, Inc		390,735
	4,582	*	Vince Holding Corp		64,331
	90,916	*	Vista Outdoor, Inc		654,595
	47,320	*	William Lyon Homes, Inc		929,365
	135,004		Wolverine World Wide, Inc		3,665,359
	48,191	*,e	YETI Holdings, Inc		1,675,119
	43,719	*	Zagg, Inc		289,857
			TOTAL CONSUMER DURABLES & APPAREL		89,500,584
CONSUMER SERVICES - 3.8%
	87,014	*	Adtalem Global Education, Inc		4,121,853
	25,676	*	American Public Education, Inc		847,822
	103,108		BBX Capital Corp		444,395
	1,723	*	Biglari Holdings, Inc (B Shares)		156,448
	30,665		BJ’s Restaurants, Inc		1,217,400
	140,824		Bloomin’ Brands, Inc		2,398,233
	12,062	e	Bluegreen Vacations Corp		124,359
	121,144		Boyd Gaming Corp		3,209,105
	56,144	e	Brinker International, Inc		2,237,338
	104,045	*	Career Education Corp		1,972,693
	25,532		Carriage Services, Inc		488,172
	53,205	*	Carrols Restaurant Group, Inc		495,871
	42,809	*	Century Casinos, Inc		422,525
	63,256	e	Cheesecake Factory		2,725,068
	177,405	*	Chegg, Inc		7,969,033
	53,683		Churchill Downs, Inc		6,423,171
	25,593	*	Chuy’s Holdings, Inc		605,274
	11,857		Collectors Universe		281,129
	29,457	e	Cracker Barrel Old Country Store, Inc		5,116,975
	55,655		Dave & Buster’s Entertainment, Inc		2,262,376
	50,045	*	Del Frisco’s Restaurant Group, Inc		398,358
	45,597	*	Del Taco Restaurants, Inc		552,636
	91,202	*	Denny’s Corp		2,060,253
	26,150		Dine Brands Global Inc.		2,146,653
	90,362	*	Drive Shack, Inc		471,690
	36,431	*	El Pollo Loco Holdings, Inc		358,481
	101,079	*,e	Eldorado Resorts, Inc		4,560,684
	3,992	*,e	Empire Resorts, Inc		39,002

247

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	40,041	*	Fiesta Restaurant Group, Inc	$	382,392
	27,659	*,e	Golden Entertainment, Inc		387,779
	36,890	*	Habit Restaurants, Inc		368,900
	162,328	*	Houghton Mifflin Harcourt Co		949,619
	36,309		International Speedway Corp (Class A)		1,636,810
	16,109	*	J Alexander’s Holdings, Inc		173,494
	39,237		Jack in the Box, Inc		2,818,394
	57,960	*	K12, Inc		1,730,106
	147,668	*	Laureate Education, Inc		2,420,279
	35,052	*	Lindblad Expeditions Holdings, Inc		660,029
	67,467		Marriott Vacations Worldwide Corp		6,897,151
	18,061	*	Monarch Casino & Resort, Inc		850,131
	4,525		Nathan’s Famous, Inc		319,510
	42,388	*,e	Noodles & Co		314,095
	67,083	*,e	OneSpaWorld Holdings Ltd		1,050,520
	33,238	e	Papa John’s International, Inc		1,476,432
	167,794	*	Penn National Gaming, Inc		3,275,339
	39,315	*	PlayAGS, Inc		737,549
	33,767	*	Potbelly Corp		140,471
	10,626		RCI Hospitality Holdings, Inc		180,111
	42,335	*	Red Lion Hotels Corp		287,455
	19,335	*	Red Robin Gourmet Burgers, Inc		638,442
	107,327		Red Rock Resorts, Inc		2,236,695
	42,055	*	Regis Corp		769,607
	44,698		Ruth’s Chris Steak House, Inc		995,424
	83,903	*	Scientific Games Corp (Class A)		1,715,816
	77,157	*	SeaWorld Entertainment, Inc		2,358,689
	31,595	*	Select Interior Concepts Inc		361,763
	42,819	*	Shake Shack, Inc		3,196,867
	48,293	*	Sotheby’s (Class A)		2,883,575
	17,246		Speedway Motorsports, Inc		341,471
	32,586		Strategic Education, Inc		5,799,982
	48,787	*,e	Target Hospitality Corp		414,690
	104,056		Texas Roadhouse, Inc (Class A)		5,747,013
	33,475	e	Twin River Worldwide Holdings Inc		883,405
	72,695	*	Weight Watchers International, Inc		1,573,847
	45,066		Wingstop, Inc		4,307,859
			TOTAL CONSUMER SERVICES		115,388,708
DIVERSIFIED FINANCIALS - 4.1%
	50,736		AG Mortgage Investment Trust		830,041
	164,465		Anworth Mortgage Asset Corp		633,190
	233,403		Apollo Commercial Real Estate Finance, Inc		4,392,644
	43,503		Ares Commercial Real Estate Corp		659,941
	98,246		Ares Management Corp		2,873,695
	63,039	e	Arlington Asset Investment Corp (Class A)		414,797
	87,906	*	ARMOUR Residential REIT, Inc		1,570,880
	73,777		Artisan Partners Asset Management, Inc		2,183,061
	3,336	e	Associated Capital Group, Inc		124,666
	29,808		B. Riley Financial, Inc		562,179
	49,099		Banco Latinoamericano de Exportaciones S.A. (Class E)		1,032,061
	191,897		Blackstone Mortgage Trust, Inc		6,816,181
	74,899	*	Blucora, Inc		2,242,476

248

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	109,797		Brightsphere Investment Group, Inc	$	1,174,828
	102,166	*	Cannae Holdings, Inc		2,957,706
	127,516		Capstead Mortgage Corp		1,074,960
	28,027		Cherry Hill Mortgage Investment Corp		434,138
	34,354		Cohen & Steers, Inc		1,799,119
	124,272		Colony Credit Real Estate, Inc		2,013,206
	44,627	*	Cowen Group, Inc		783,650
	27,634	*	Curo Group Holdings Corp		343,214
	5,031		Diamond Hill Investment Group, Inc		709,119
	46,023	*	Donnelley Financial Solutions, Inc		627,293
	34,804		Dynex Capital, Inc		567,305
	27,627	*	Elevate Credit, Inc		114,928
	43,962		Ellington Financial Inc		768,456
	48,231	*,e	Encore Capital Group, Inc		1,735,351
	49,601	*	Enova International, Inc		1,336,747
	50,790		Exantas Capital Corp		568,340
	78,778	*	Ezcorp, Inc (Class A)		775,963
	147,618		Federated Investors, Inc (Class B)		5,129,725
	222,148		FGL Holdings		1,810,506
	64,670		FirstCash, Inc		6,508,389
	47,435	*	Focus Financial Partners, Inc		1,323,911
	42,779	e	Gain Capital Holdings, Inc		182,239
	8,193		GAMCO Investors, Inc (Class A)		166,318
	80,580		Granite Point Mortgage Trust, Inc		1,539,078
	24,464		Great Ajax Corp		340,294
	76,619	*	Green Dot Corp		3,883,817
	26,235		Greenhill & Co, Inc		435,501
	6,768		GWG Holdings Inc		73,500
	33,465		Hamilton Lane, Inc		1,964,396
	51,491		Houlihan Lokey, Inc		2,368,586
	24,954	*	INTL FCStone, Inc		1,017,624
	199,460		Invesco Mortgage Capital, Inc		3,287,101
	79,857	e	iShares Russell 2000 Index Fund		12,502,412
	37,627		KKR Real Estate Finance Trust, Inc		753,669
	157,308		Ladder Capital Corp		2,647,494
	174,635		Ladenburg Thalmann Financial Services, Inc		539,622
	100,336	*	LendingClub Corp		1,482,966
	14,409		Marlin Business Services Corp		334,433
	30,544	*,e	Medallion Financial Corp		153,025
	72,299		Moelis & Co		2,634,576
	27,710		Nelnet, Inc (Class A)		1,733,538
	322,769		New York Mortgage Trust, Inc		1,972,119
	35,784	*	NewStar Financial, Inc		9,288
	28,713		Och-Ziff Capital Management Group LLC		668,439
	112,017	*	On Deck Capital, Inc		401,021
	17,010		Oppenheimer Holdings, Inc		495,671
	82,577		Orchid Island Capital, Inc		511,152
	111,202		PennyMac Mortgage Investment Trust		2,449,780
	27,062		Pico Holdings, Inc		273,056
	21,201		Piper Jaffray Cos		1,638,837
	34,271		PJT Partners, Inc		1,444,865
	67,621	*	PRA Group, Inc		2,105,042
	31,033		Pzena Investment Management, Inc (Class A)		252,609

249

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	47,214		Ready Capital Corp	$	725,679
	145,076		Redwood Trust, Inc		2,454,686
	14,569	*	Regional Management Corp		351,550
	31,121	*	Safeguard Scientifics, Inc		363,493
	9,050	*,e	Siebert Financial Corp		106,971
	8,405		Silvercrest Asset Management Group, Inc		120,444
	104,880		Stifel Financial Corp		6,272,873
	76,934		TPG RE Finance Trust, Inc		1,519,447
	1,276		Value Line, Inc		33,304
	10,066		Virtus Investment Partners, Inc		1,078,673
	112,930		Waddell & Reed Financial, Inc (Class A)		1,976,275
	75,407		Western Asset Mortgage Capital Corp		766,135
	13,237		Westwood Holdings Group, Inc		414,318
	196,911		WisdomTree Investments, Inc		1,220,848
	10,545	*	World Acceptance Corp		1,336,368
			TOTAL DIVERSIFIED FINANCIALS		125,895,798
ENERGY - 3.7%
	244,708	*	Abraxas Petroleum Corp		212,994
	74,423	*,e	Altus Midstream Co		238,898
	26,241		Arch Coal, Inc		2,339,648
	196,232		Archrock, Inc		2,154,627
	54,093	*	Ardmore Shipping Corp		397,043
	93,491		Berry Petroleum Co LLC		916,212
	30,979	*	Bonanza Creek Energy, Inc		675,342
	23,774	*	Brigham Minerals, Inc		509,952
	102,840	*	C&J Energy Services, Inc		1,125,070
	71,875	*	Cactus, Inc		2,110,969
	75,939	*,e	California Resources Corp		1,162,626
	337,685	*,e	Callon Petroleum Co		1,661,410
	133,520	*,e	Carrizo Oil & Gas, Inc		1,272,446
	61,905	*	Chaparral Energy Inc		219,763
	217,570	*	Clean Energy Fuels Corp		580,912
	299,139	*	CNX Resources Corp		2,458,923
	22,205	*,e	Comstock Resources Inc		151,660
	40,810	*	CONSOL Energy, Inc		877,007
	29,547	*	Contura Energy Inc		1,058,669
	94,509	*,e	Covia Holdings Corp		164,446
	45,388		CVR Energy, Inc		2,408,741
	117,373		Delek US Holdings, Inc		5,056,429
	717,466	*,e	Denbury Resources, Inc		810,737
	143,520		DHT Holdings, Inc		810,888
	97,887	*,e	Diamond Offshore Drilling, Inc		884,898
	32,520	*,e	Diamond S Shipping Inc		388,614
	23,217		DMC Global, Inc		1,212,856
	42,831	*	Dorian LPG Ltd		391,904
	54,387	*	Dril-Quip, Inc		2,861,844
	33,623	*	Earthstone Energy, Inc		147,269
	139,519	*,e	Energy Fuels, Inc		253,925
	32,657	*	Era Group, Inc		337,020
	40,260		Evolution Petroleum Corp		245,586
	48,747	*	Exterran Corp		665,397
	147,875	*,e	Extraction Oil & Gas, Inc		548,616

250

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	56,962	e	Falcon Minerals Corp	$	450,569
	141,872	*	Forum Energy Technologies, Inc		371,705
	157,452	*	Frank’s International NV		897,476
	58,518	*	FTS International, Inc		232,316
	62,599		GasLog Ltd		891,410
	19,584	*	Geospace Technologies Corp		305,706
	142,452		Golar LNG Ltd		2,413,137
	10,568	*	Goodrich Petroleum Corp		121,638
	58,738		Green Plains Renewable Energy, Inc		592,666
	244,979	*	Gulfport Energy Corp		926,021
	33,512		Hallador Energy Co		179,624
	215,269	*	Helix Energy Solutions Group, Inc		1,885,756
	198,949	*	HighPoint Resources Corp		248,686
	65,271	*	Independence Contract Drilling, Inc		86,158
	39,063	*	International Seaways, Inc		664,462
	815	*	Isramco, Inc		97,971
	100,715	*,e	Jagged Peak Energy, Inc		739,248
	74,382	*	Keane Group, Inc		467,863
	33,152	*	KLX Energy Services Holdings, Inc		521,149
	266,188	*	Laredo Petroleum Holdings, Inc		883,744
	65,599	e	Liberty Oilfield Services, Inc		928,226
	149,142	*	Magnolia Oil & Gas Corp		1,667,408
	28,914		Mammoth Energy Services, Inc		187,363
	169,331	*	Matador Resources Co		2,985,305
	39,292	*	Matrix Service Co		721,794
	275,837	*	McDermott International, Inc		1,770,874
	30,658	*	Midstates Petroleum Co, Inc		139,494
	31,688	*,e	Montage Resources Corp		105,838
	554,674		Nabors Industries Ltd		1,641,835
	34,915	*,e	National Energy Services Reunited Corp		279,320
	20,410	*	Natural Gas Services Group, Inc		327,376
	12,987	*,e	NCS Multistage Holdings, Inc		41,688
	134,162	*	Newpark Resources, Inc		1,023,656
	9,330	*	NextDecade Corp		45,904
	24,363	*	Nine Energy Service, Inc		313,552
	377,291	*	Noble Corp plc		841,359
	234,731	e	Nordic American Tanker Shipping		474,157
	412,000	*	Northern Oil And Gas, Inc		667,440
	490,355	*	Oasis Petroleum, Inc		2,388,029
	150,091	*	Oceaneering International, Inc		2,318,906
	88,638	*	Oil States International, Inc		1,322,479
	95,875	*	Overseas Shipholding Group, Inc		186,956
	52,258	*	Pacific Drilling SA		491,225
	24,068		Panhandle Oil and Gas, Inc (Class A)		284,243
	51,541	*	Par Pacific Holdings, Inc		1,188,535
	13,834	*	Parker Drilling Co		237,945
	100,270	*	PDC Energy, Inc		2,880,757
	108,607		Peabody Energy Corp		2,287,263
	19,905	*	Penn Virginia Corp		681,547
	768	*	PrimeEnergy Corp		92,805
	121,578	*	ProPetro Holding Corp		2,204,209
	371,547	*	Questar Market Resources, Inc		1,839,158
	57,873	*	Renewable Energy Group, Inc		786,494

251

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	8,964	*	Rex American Resources Corp	$	668,714
	23,949	*	RigNet, Inc		209,075
	91,109	*	Ring Energy, Inc		223,217
	98,746	*,e	Roan Resources, Inc		118,495
	23,757	*,e	Rosehill Resources, Inc		66,995
	85,718	e	RPC, Inc		529,737
	49,886	*	SandRidge Energy, Inc		336,730
	65,351		Scorpio Tankers, Inc		1,712,850
	26,978	*	SEACOR Holdings, Inc		1,285,232
	28,281	*	SEACOR Marine Holdings, Inc		398,196
	86,545	*,e	Seadrill Ltd		354,834
	87,458	*	Select Energy Services, Inc		889,448
	117,420		SemGroup Corp		1,487,711
	120,120	e	Ship Finance International Ltd		1,579,578
	16,984	*	SilverBow Resources, Inc		176,464
	165,478		SM Energy Co		1,649,816
	67,017	*,e	Smart Sand, Inc		157,490
	47,476		Solaris Oilfield Infrastructure, Inc		679,382
	835,821	*	Southwestern Energy Co		1,838,806
	363,864	*	SRC Energy, Inc		1,484,565
	259,246	*	Superior Energy Services		235,188
	30,883	*	Talos Energy, Inc		635,572
	120,508	e	Teekay Corp		549,516
	294,434		Teekay Tankers Ltd (Class A)		362,154
	149,981	*,e	Tellurian, Inc		925,383
	203,947	*	Tetra Technologies, Inc		318,157
	55,708	*	Tidewater, Inc		1,280,727
	83,708	*	Unit Corp		544,102
	270,509	*,e	Uranium Energy Corp		267,912
	114,007	e	US Silica Holdings, Inc		1,580,137
	29,571	*,e	US Well Services Inc		91,670
	151,370	*	W&T Offshore, Inc		679,651
	139,648	*	Whiting Petroleum Corp		2,468,977
	102,147		World Fuel Services Corp		3,987,819
			TOTAL ENERGY		113,418,086
FOOD & STAPLES RETAILING - 0.5%
	49,275		Andersons, Inc		1,323,034
	38,192	*	Chefs’ Warehouse Holdings, Inc		1,392,862
	11,103	*	HF Foods Group Inc		251,594
	21,713		Ingles Markets, Inc (Class A)		683,525
	15,774	*	Natural Grocers by Vitamin C		144,648
	156,907	*	Performance Food Group Co		6,880,372
	34,158		Pricesmart, Inc		2,083,638
	80,207	*,e	Rite Aid Corp		559,043
	55,376		Spartan Stores, Inc		654,544
	74,285	*	United Natural Foods, Inc		732,450
	12,873		Village Super Market (Class A)		322,211
	14,207		Weis Markets, Inc		517,845
			TOTAL FOOD & STAPLES RETAILING		15,545,766
FOOD, BEVERAGE & TOBACCO - 1.7%
	175,658	*,e	22nd Century Group, Inc		279,296

252

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	6,265		Alico, Inc	$	199,853
	98,289	e	B&G Foods, Inc (Class A)		1,796,723
	12,808	*	Boston Beer Co, Inc (Class A)		5,024,835
	2,556	*,e	Bridgford Foods Corp		91,172
	24,440		Calavo Growers, Inc		2,161,474
	47,291		Cal-Maine Foods, Inc		1,880,763
	47,762	*,e	Celsius Holdings, Inc		238,332
	7,065		Coca-Cola Bottling Co Consolidated		2,073,789
	19,135	*	Craft Brewers Alliance, Inc		300,611
	251,329	*	Darling International, Inc		5,109,519
	126,408		Dean Foods Co		183,292
	16,534	*	Farmer Bros Co		268,512
	46,655		Fresh Del Monte Produce, Inc		1,415,046
	47,816	*	Freshpet, Inc		2,158,892
	154,074	*	Hostess Brands, Inc		2,175,525
	23,401		J&J Snack Foods Corp		4,348,842
	13,321		John B. Sanfilippo & Son, Inc		1,157,728
	29,126		Lancaster Colony Corp		4,538,413
	40,070	*	Landec Corp		447,582
	20,803		Limoneira Co		411,691
	20,132	e	MGP Ingredients, Inc		1,006,399
	17,909	e	National Beverage Corp		779,579
	106,876	*,e	New Age Beverages Corp		399,716
	55,014	*	Primo Water Corp		812,557
	12,412	*,e	Pyxus International, Inc		177,119
	30,586		Sanderson Farms, Inc		4,007,378
	11,015	*	Seneca Foods Corp		347,854
	107,619	*	Simply Good Foods Co		2,930,465
	26,021	e	Tootsie Roll Industries, Inc		972,145
	13,030	e	Turning Point Brands, Inc		483,804
	38,500		Universal Corp		2,290,750
	163,816		Vector Group Ltd		1,892,075
			TOTAL FOOD, BEVERAGE & TOBACCO		52,361,731
HEALTH CARE EQUIPMENT & SERVICES - 7.1%
	131,440	*	Accuray, Inc		544,162
	15,588	*	Addus HomeCare Corp		1,256,237
	257,053	*	Allscripts Healthcare Solutions, Inc		2,647,646
	44,232	*,e	Alphatec Holdings Inc		207,890
	47,939	*	Amedisys, Inc		6,610,309
	30,348	*	American Renal Associates Holdings, Inc		233,680
	70,826	*	AMN Healthcare Services, Inc		3,780,692
	54,209	*	Angiodynamics, Inc		1,104,779
	250,753	*,e	Antares Pharma, Inc		799,902
	9,257	*,e	Apollo Medical Holdings, Inc		141,632
	49,239	*	Apyx Medical Corp		356,490
	57,608	*	AtriCure, Inc		1,848,065
	2,163		Atrion Corp		1,664,428
	32,121	*	Avalon GloboCare Corp		67,133
	73,284	*	Avanos Medical, Inc		2,984,124
	7,481	*	Avedro Inc		138,099
	53,438	*	AxoGen, Inc		960,815
	24,641	*,e	Axonics Modulation Technologies, Inc		904,325

253

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	9,868	*	BioLife Solutions Inc	$	188,183
	210,367	*	BioScrip, Inc		595,339
	23,247	*,e	BioSig Technologies Inc		174,585
	49,900	*	BioTelemetry, Inc		2,342,805
	279,168	*	Brookdale Senior Living, Inc		2,174,719
	51,516	*	Cardiovascular Systems, Inc		2,360,978
	149,336	*	Castlight Health, Inc		240,431
	10,467	*,e	Catasys Inc		182,335
	216,953	*	Cerus Corp		1,269,175
	113,135	*,e	Community Health Systems, Inc		231,927
	18,622		Computer Programs & Systems, Inc		480,634
	94,450	*,e	ConforMIS, Inc		260,682
	41,215		Conmed Corp		3,600,130
	135,683	*,e	Corindus Vascular Robotics, Inc		343,278
	13,614	*	Corvel Corp		1,159,913
	56,469	*	Cross Country Healthcare, Inc		535,891
	54,721	*	CryoLife, Inc		1,577,059
	42,343	*,e	CryoPort, Inc		866,761
	21,998	*	Cutera, Inc		562,269
	41,296	*,e	CytoSorbents Corp		289,898
	95,753	*	Diplomat Pharmacy, Inc		504,618
	7,775	*,e	ElectroCore LLC		10,963
	77,622		Ensign Group, Inc		4,677,502
	68,286	*	Enzo Biochem, Inc		266,998
	109,580	*	Evolent Health, Inc		747,336
	145,787	*	Genesis Health Care, Inc		170,571
	90,683	*	GenMark Diagnostics, Inc		567,676
	54,769	*	Glaukos Corp		4,473,532
	116,106	*	Globus Medical, Inc		5,292,111
	77,797	*	Haemonetics Corp		9,497,458
	53,497	*	Hanger Orthopedic Group, Inc		922,823
	104,031	*	HealthEquity, Inc		8,528,461
	39,664		HealthStream, Inc		1,120,111
	10,667	*	Heska Corp		854,853
	133,184	*	HMS Holdings Corp		4,648,122
	28,397	*	Inogen, Inc		1,746,415
	108,425	*,e	Inovalon Holdings, Inc		1,626,375
	21,022	*	Inspire Medical Systems, Inc		1,421,718
	49,924	*	Integer Holding Corp		4,369,848
	13,673	*	IntriCon Corp		245,840
	59,772		Invacare Corp		319,780
	7,027	*,e	iRadimed Corp		167,805
	37,486	*	iRhythm Technologies, Inc		3,116,586
	19,316	*,e	Joint Corp		356,960
	57,726	*	Lantheus Holdings, Inc		1,305,762
	25,161		LeMaitre Vascular, Inc		832,577
	45,948	*	LHC Group, Inc		5,816,098
	74,271	*	LivaNova plc		5,722,581
	32,952	*	Magellan Health Services, Inc		2,317,844
	65,618		Meridian Bioscience, Inc		784,135
	82,859	*	Merit Medical Systems, Inc		3,269,616
	5,219		Mesa Laboratories, Inc		1,313,518
	10,884	*,e	Misonix Inc		258,277

254

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	19,023		National Healthcare Corp	$	1,666,415
	19,130		National Research Corp		1,289,745
	53,349	*	Natus Medical, Inc		1,657,553
	78,314	*	Neogen Corp		5,591,620
	19,273	*	Neuronetics, Inc		229,541
	44,831	*	Nevro Corp		2,997,401
	81,809	*	NextGen Healthcare, Inc		1,338,395
	128,832	*	Novocure Ltd		10,721,399
	79,650	*	NuVasive, Inc		5,304,690
	62,903	*	Omnicell, Inc		4,730,935
	17,715	*,e	OptimizeRx Corp		267,319
	88,809	*	OraSure Technologies, Inc		741,555
	27,104	*	Orthofix International NV		1,448,709
	12,817	*	OrthoPediatrics Corp		452,568
	90,063		Owens & Minor, Inc		244,071
	125,629		Patterson Cos, Inc		2,487,454
	30,588	*,e	PetIQ, Inc		1,047,333
	16,896	*	Providence Service Corp		941,783
	16,512	*,e	Pulse Biosciences, Inc		215,647
	55,101	*	Quidel Corp		3,252,612
	159,184	*	R1 RCM, Inc		2,002,535
	65,813	*	RadNet, Inc		969,425
	81,843	*,e	Rockwell Medical, Inc		217,702
	83,566	*	RTI Biologics, Inc		355,991
	26,698	*	SeaSpine Holdings Corp		339,332
	165,268	*	Select Medical Holdings Corp		2,766,586
	175,475	*,e	Senseonics Holdings, Inc		194,777
	9,763	*,e	Shockwave Medical Inc		477,606
	23,791	*	SI-BONE, Inc		427,762
	31,788	*,e	Sientra, Inc		193,907
	10,280	*,e	Silk Road Medical Inc		445,021
	17,627		Simulations Plus, Inc		684,280
	3,245	*,e	Soliton Inc		39,362
	67,584	*	Staar Surgical Co		1,980,887
	37,523	*	Surgery Partners, Inc		286,300
	19,960	*	SurModics, Inc		832,332
	30,334	*,e	Tabula Rasa HealthCare, Inc		1,828,230
	28,821	*	Tactile Systems Technology, Inc		1,664,125
	84,951	*	Tandem Diabetes Care, Inc		5,388,442
	108,766	*,e	Teladoc, Inc		7,422,192
	159,581	*	Tenet Healthcare Corp		3,761,324
	75,044	*,e	Tivity Health, Inc		1,309,518
	298,305	*,e	TransEnterix, Inc		408,678
	9,771	*	Transmedics Group, Inc		231,866
	35,181	*	Triple-S Management Corp (Class B)		843,630
	18,859		US Physical Therapy, Inc		2,434,320
	5,133		Utah Medical Products, Inc		467,052
	11,111	*	Vapotherm, Inc		178,776
	56,013	*	Varex Imaging Corp		1,780,653
	104,990	*,e	ViewRay, Inc		940,710
	45,909	*	Vocera Communications, Inc		1,178,484
	192,752	*	Wright Medical Group NV		5,562,823
	22,997	e	Zynex Inc		191,335
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		217,394,978

255

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
HOUSEHOLD & PERSONAL PRODUCTS - 0.5%
	14,833	*	Central Garden & Pet Co	$	450,627
	65,097	*	Central Garden and Pet Co (Class A)		1,793,422
	83,040	*	Edgewell Personal Care Co		2,526,907
	38,586	*	elf Beauty, Inc		640,142
	26,809		Inter Parfums, Inc		1,857,328
	20,649	*	Lifevantage Corp		239,528
	17,873		Medifast, Inc		1,995,521
	12,223	*	Nature’s Sunshine Products, Inc		110,374
	8,691		Oil-Dri Corp of America		307,922
	13,484	*,e	Revlon, Inc (Class A)		268,601
	19,966	*	USANA Health Sciences, Inc		1,358,686
	21,129		WD-40 Co		3,836,181
	12,281	*	Youngevity International Inc		57,598
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		15,442,837
INSURANCE - 2.4%
	67,482	*	AMBAC Financial Group, Inc		1,229,522
	139,362		American Equity Investment Life Holding Co		3,595,540
	30,019		Amerisafe, Inc		1,953,036
	50,556		Argo Group International Holdings Ltd		3,460,053
	76,788	*,e	Citizens, Inc (Class A)		572,071
	241,397		Conseco, Inc		4,082,023
	24,529		Crawford & Co		253,385
	15,160		Donegal Group, Inc (Class A)		225,126
	34,734	*	eHealth, Inc		3,603,652
	16,452		EMC Insurance Group, Inc		591,285
	49,147		Employers Holdings, Inc		2,157,553
	17,916	*	Enstar Group Ltd		3,173,819
	15,569		FBL Financial Group, Inc (Class A)		976,176
	14,809		FedNat Holding Co		184,964
	767,996	*	Genworth Financial, Inc (Class A)		3,064,304
	12,215		Global Indemnity Ltd		345,562
	16,774	e	Goosehead Insurance, Inc		754,998
	41,579	*	Greenlight Capital Re Ltd (Class A)		347,185
	17,649	*	Hallmark Financial Services		273,559
	10,907		HCI Group, Inc		437,262
	14,397	*,e	Health Insurance Innovations, Inc		316,590
	44,083		Heritage Insurance Holdings, Inc		592,476
	63,316		Horace Mann Educators Corp		2,750,447
	7,770		Independence Holding Co		294,483
	2,119		Investors Title Co		347,728
	45,296		James River Group Holdings Ltd		2,166,508
	29,662		Kinsale Capital Group, Inc		2,665,427
	127,379	*	MBIA, Inc		1,188,446
	103,267		National General Holdings Corp		2,553,793
	3,606		National Western Life Group, Inc		970,014
	12,045	*	NI Holdings, Inc		202,476
	8,404	*	Palomar Holdings, Inc		240,775
	80,856		ProAssurance Corp		3,160,661
	15,779		Protective Insurance Corp		261,142

256

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	60,976		RLI Corp	$	5,495,767
	22,509		Safety Insurance Group, Inc		2,220,738
	89,081		Selective Insurance Group, Inc		6,698,891
	27,501		State Auto Financial Corp		950,985
	36,075		Stewart Information Services Corp		1,364,717
	113,321	*	Third Point Reinsurance Ltd		1,142,276
	29,168		Tiptree Financial, Inc		199,217
	44,821	*,e	Trupanion, Inc		1,441,443
	33,339		United Fire & Casualty Co		1,742,630
	27,826		United Insurance Holdings Corp		315,269
	47,585		Universal Insurance Holdings, Inc		1,180,584
	30,047	*	Watford Holdings Ltd		569,691
			TOTAL INSURANCE		72,314,249
MATERIALS - 3.8%
	30,986	e	Advanced Emissions Solutions, Inc		394,452
	45,147	*	AdvanSix, Inc		1,157,569
	473,039	*,e	AK Steel Holding Corp		1,333,970
	193,294	*	Allegheny Technologies, Inc		4,208,010
	47,693		American Vanguard Corp		681,056
	61,334	*,e	Amyris, Inc		189,522
	49,280		Balchem Corp		5,058,099
	59,569		Boise Cascade Co		1,608,363
	72,749		Carpenter Technology Corp		3,274,432
	72,626	*	Century Aluminum Co		522,181
	11,345		Chase Corp		1,175,115
	25,144	*	Clearwater Paper Corp		493,577
	427,138	e	Cleveland-Cliffs, Inc		4,553,291
	300,418	*	Coeur Mining, Inc		1,381,923
	179,101		Commercial Metals Co		3,136,059
	51,860		Compass Minerals International, Inc		2,896,381
	122,593	*	Ferro Corp		1,805,795
	69,112	*	Ferroglobe plc		0
	95,983	*,e	Flotek Industries, Inc		294,668
	30,751	*,e	Forterra, Inc		199,882
	40,163	*	FutureFuel Corp		467,899
	84,020	*	GCP Applied Technologies, Inc		1,850,961
	95,287	*	Gold Resource Corp		342,080
	38,906		Greif, Inc (Class A)		1,360,154
	8,887		Greif, Inc (Class B)		382,141
	77,425		H.B. Fuller Co		3,701,689
	14,420		Hawkins, Inc		629,721
	19,140		Haynes International, Inc		569,606
	712,390		Hecla Mining Co		1,317,922
	64,131	*	Ingevity Corp		6,319,469
	28,868		Innophos Holdings, Inc		784,344
	36,651		Innospec, Inc		3,422,470
	154,641	*	Intrepid Potash, Inc		578,357
	24,044		Kaiser Aluminum Corp		2,314,716
	29,341	*	Koppers Holdings, Inc		801,009
	46,127	*	Kraton Polymers LLC		1,414,715
	36,085		Kronos Worldwide, Inc		483,900
	221,265	*	Livent Corp		1,424,947

257

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	190,102		Louisiana-Pacific Corp	$	4,969,266
	39,524	*	LSB Industries, Inc		197,225
	66,564	*	Marrone Bio Innovations, Inc		88,530
	31,415		Materion Corp		1,951,814
	9,337	*	Mayville Engineering Co Inc		122,968
	54,573		Minerals Technologies, Inc		2,906,012
	54,965		Myers Industries, Inc		888,784
	24,676		Neenah Paper, Inc		1,621,460
	354,903	*	Novagold Resources Inc		2,189,752
	10,497		Olympic Steel, Inc		132,052
	70,217	*	Omnova Solutions, Inc		698,659
	92,520	*	Orion Engineered Carbons SA		1,802,290
	65,455		PH Glatfelter Co		1,068,226
	118,334		PolyOne Corp		3,877,805
	59,329	*	PQ Group Holdings, Inc		924,939
	19,710		Quaker Chemical Corp		3,693,457
	24,375	*,e	Ramaco Resources, Inc		118,706
	83,684	e	Rayonier Advanced Materials, Inc		389,131
	25,988	*	Ryerson Holding Corp		212,062
	40,003		Schnitzer Steel Industries, Inc (Class A)		1,065,280
	47,103		Schweitzer-Mauduit International, Inc		1,621,756
	64,856		Sensient Technologies Corp		4,421,234
	31,660		Stepan Co		3,139,089
	170,990	*	Summit Materials, Inc		3,153,056
	131,580	*	SunCoke Energy, Inc		998,692
	15,787		Synalloy Corp		268,063
	64,558	*	TimkenSteel Corp		451,260
	33,536	*	Trecora Resources		318,257
	42,122		Tredegar Corp		702,174
	61,014		Trinseo S.A.		2,367,953
	144,482		Tronox Holdings plc		1,597,971
	9,972	*	UFP Technologies, Inc		434,380
	3,011		United States Lime & Minerals, Inc		243,530
	23,427	*	US Concrete, Inc		1,103,177
	47,510		Valhi, Inc		102,147
	53,863	*	Verso Corp		871,503
	79,176		Warrior Met Coal, Inc		1,958,814
	61,156	*	Worthington Industries, Inc		2,459,694
			TOTAL MATERIALS		117,661,613
MEDIA & ENTERTAINMENT - 1.8%
	78,788	e	AMC Entertainment Holdings, Inc		932,062
	14,815	*,e	Boston Omaha Corp		313,337
	23,241	*	Cardlytics, Inc		660,044
	34,214	*	Care.com, Inc		374,985
	114,129	*	Cargurus, Inc		4,253,588
	100,683	*	Cars.com, Inc		1,912,977
	14,057	*	cbdMD Inc		61,148
	150,492	*	Central European Media Enterprises Ltd (Class A) (NASDAQ)		707,312
	57,896	*	Clear Channel		175,425
	72,522	*	comScore, Inc		239,323
	20,914	*	Cumulus Media Inc		316,011
	1,313	*,e	Daily Journal Corp		325,755

258

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	75,575	*	DHI Group, Inc	$	278,116
	41,047		Emerald Expositions Events, Inc		437,561
	196,995		Entercom Communications Corp (Class A)		1,118,932
	94,262		Entravision Communications Corp (Class A)		307,294
	56,957	*,e	Eros International plc		94,549
	59,090	*,e	Eventbrite Inc		1,045,302
	12,562	*	EverQuote Inc		186,797
	86,728		EW Scripps Co (Class A)		1,329,540
	68,333	*	Fluent, Inc		355,332
	165,085		Gannett Co, Inc		1,692,121
	173,432	*	Glu Mobile, Inc		1,293,803
	138,961	*	Gray Television, Inc		2,466,558
	22,106	*	Hemisphere Media Group, Inc		272,125
	80,824	*	Imax Corp		1,774,087
	79,097	*	Lee Enterprises, Inc		171,640
	14,652	*	Liberty Braves Group (Class A)		423,443
	55,642	*	Liberty Braves Group (Class C)		1,600,820
	68,324	*	Liberty Latin America Ltd (Class A)		1,119,830
	176,639	*	Liberty Latin America Ltd (Class C)		2,896,880
	113,373	*	Liberty TripAdvisor Holdings, Inc		1,309,458
	56,648	*	LiveXLive Media, Inc		167,112
	19,242	*	Loral Space & Communications, Inc		707,913
	51,428	*	Marchex, Inc (Class B)		223,712
	33,014		Marcus Corp		1,155,160
	82,233	*	MDC Partners, Inc		205,583
	113,025	*	Meet Group, Inc		388,806
	59,817		Meredith Corp		3,281,561
	88,623	*	MSG Networks, Inc		1,682,951
	91,978		National CineMedia, Inc		654,883
	91,052		New Media Investment Group, Inc		980,630
	68,691	*	QuinStreet, Inc		1,118,976
	26,334	*	Reading International, Inc		343,659
	31,852	*	Rosetta Stone, Inc		731,322
	6,926		Saga Communications, Inc		216,230
	42,320		Scholastic Corp		1,446,074
	33,688	*	TechTarget, Inc		775,498
	332,971		TEGNA, Inc		5,057,829
	12,306	*	Travelzoo, Inc		154,809
	22,998		Tribune Publishing Co		190,193
	155,467	*	TrueCar, Inc		789,772
	43,015	*	WideOpenWest, Inc		326,484
	116,157	*	Yelp, Inc		4,071,303
			TOTAL MEDIA & ENTERTAINMENT		55,116,615
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.5%
	59,391	*	Abeona Therapeutics, Inc		153,823
	162,010	*	Acadia Pharmaceuticals, Inc		3,982,206
	41,594	*,e	Accelerate Diagnostics, Inc		776,976
	68,746	*	Acceleron Pharma, Inc		3,001,450
	116,095	*,e	AcelRx Pharmaceuticals, Inc		303,008
	7,665	*,e	Acer Therapeutics Inc		22,918
	213,179	*	Achillion Pharmaceuticals, Inc		940,119
	51,324	*	Aclaris Therapeutics, Inc		65,695

259

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	71,388	*	Acorda Therapeutics, Inc	$	494,719
	30,778	*,e	Adamas Pharmaceuticals, Inc		192,670
	40,048	*,e	ADMA Biologics, Inc		144,974
	80,821	*	Adverum Biotechnologies, Inc		1,083,810
	40,056	*	Aeglea BioTherapeutics, Inc		358,902
	62,369	*	Aerie Pharmaceuticals, Inc		1,351,536
	89,223	*,e	Affimed NV		267,669
	160,078	*	Agenus, Inc		385,788
	31,726	*,e	AgeX Therapeutics, Inc		92,957
	70,102	*,e	Aimmune Therapeutics, Inc		1,349,463
	20,944	*,e	Akcea Therapeutics, Inc		453,019
	174,623	*	Akebia Therapeutics, Inc		731,670
	139,984	*	Akorn, Inc		520,740
	16,872	*	Albireo Pharma, Inc		436,816
	107,772	*	Alder Biopharmaceuticals, Inc		1,090,653
	35,286	*	Aldeyra Therapeutics, Inc		193,367
	15,467	*,e	Alector, Inc		326,663
	28,260	*,e	Allakos, Inc		982,600
	60,724	*,e	Allogene Therapeutics, Inc		1,882,444
	51,103	*	AMAG Pharmaceuticals, Inc		422,111
	349,817	*	Amicus Therapeutics, Inc		4,337,731
	137,836	*	Amneal Pharmaceuticals, Inc		504,480
	54,609	*	Amphastar Pharmaceuticals, Inc		1,100,371
	37,940	*	AnaptysBio, Inc		2,037,757
	63,628	*,e	Anavex Life Sciences Corp		162,888
	13,498	*	ANI Pharmaceuticals, Inc		1,141,796
	20,833	*	Anika Therapeutics, Inc		1,147,690
	74,313	*	Apellis Pharmaceuticals, Inc		2,075,562
	49,135	*,e	Arcus Biosciences, Inc		388,658
	69,190	*	Ardelyx, Inc		166,748
	76,625	*	Arena Pharmaceuticals, Inc		4,802,855
	157,116	*	Arqule, Inc		1,585,300
	144,316	*,e	Arrowhead Research Corp		4,193,823
	29,474	*	Arvinas, Inc		786,366
	35,566	*	Assembly Biosciences, Inc		444,575
	97,548	*	Assertio Therapeutics, Inc		334,590
	65,524	*	Atara Biotherapeutics, Inc		935,027
	91,536	*,e	Athenex, Inc		1,647,648
	187,892	*,e	Athersys, Inc		261,170
	66,728	*	Audentes Therapeutics, Inc		2,597,054
	89,525	*	Avid Bioservices, Inc		580,122
	26,962	*	Avrobio, Inc		572,134
	39,465	*,e	Axsome Therapeutics, Inc		1,006,357
	15,856	*	Beyondspring Inc		265,747
	157,944	*	BioCryst Pharmaceuticals, Inc		500,682
	120,638	*	BioDelivery Sciences International, Inc		447,567
	50,898	*	Biohaven Pharmaceutical Holding Co Ltd		2,190,650
	8,989	*	Biospecifics Technologies Corp		522,261
	188,236	*,e	BioTime, Inc		207,060
	8,977	*	Bioxcel Therapeutics Inc		96,682
	74,682	*	Blueprint Medicines Corp		7,479,402
	55,943	*	Calithera Biosciences, Inc		237,198
	15,410	*,e	Calyxt, Inc		143,159

260

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	50,673	*	Cambrex Corp	$	2,219,477
	50,397	*,e	Cara Therapeutics, Inc		1,206,504
	62,799	*	CareDx, Inc		2,057,923
	73,710	*	CASI Pharmaceuticals, Inc		229,975
	158,495	*,e	Catalyst Pharmaceuticals, Inc		790,890
	7,093	*	Celcuity, Inc		161,437
	19,312	*,e	Cellular Biomedicine Group, Inc		266,312
	39,008	*,e	CEL-SCI Corp		284,368
	31,823	*,e	Cerecor Inc		128,247
	34,284	*	Checkpoint Therapeutics Inc		90,167
	60,250	*	ChemoCentryx, Inc		480,795
	38,550	*	Chiasma, Inc		211,640
	79,263	*	Chimerix, Inc		285,347
	67,801	*,e	ChromaDex Corp		313,919
	71,841	*	Clovis Oncology, Inc		757,923
	80,358	*	Codexis, Inc		1,476,176
	94,664	*	Coherus Biosciences, Inc		1,592,248
	51,138	*	Collegium Pharmaceutical, Inc		560,984
	30,717	*	Concert Pharmaceuticals, Inc		309,013
	21,894	*,e	Constellation Pharmaceuticals, Inc		202,520
	85,728	*,e	Corbus Pharmaceuticals Holdings, Inc		514,368
	149,315	*	Corcept Therapeutics, Inc		1,681,287
	38,815	*,e	Corium International, Inc		6,987
	34,898	*	CorMedix Inc		338,162
	4,280	*,e	Cortexyme Inc		151,512
	16,334	*,e	Crinetics Pharmaceuticals, Inc		331,254
	31,003	*,e	Cue Biopharma, Inc		257,635
	34,934	*	Cyclerion Therapeutics, Inc		324,537
	101,842	*	Cymabay Therapeutics, Inc		629,384
	88,330	*	Cytokinetics, Inc		1,076,743
	69,831	*	CytomX Therapeutics, Inc		719,958
	21,858	*,e	Deciphera Pharmaceuticals, Inc		483,062
	74,463	*,e	Denali Therapeutics, Inc		1,589,785
	69,004	*,e	Dermira, Inc		607,925
	79,653	*	Dicerna Pharmaceuticals, Inc		1,085,670
	18,020	*	Dova Pharmaceuticals, Inc		288,140
	106,456	*,e	Dynavax Technologies Corp		293,819
	13,702	*	Eagle Pharmaceuticals, Inc		751,692
	76,710	*,e	Editas Medicine, Inc		1,936,928
	16,361	*,e	Eidos Therapeutics, Inc		533,041
	34,704	*	Eiger BioPharmaceuticals, Inc		384,173
	34,070	*,e	Eloxx Pharmaceuticals, Inc		278,011
	68,616	*	Emergent Biosolutions, Inc		3,028,710
	26,401	*	Enanta Pharmaceuticals, Inc		1,980,603
	338,184	*	Endo International plc		1,072,043
	120,407	*	Epizyme, Inc		1,596,597
	38,810	*	Esperion Thereapeutics, Inc		1,540,369
	18,447	*,e	Evelo Biosciences, Inc		112,711
	21,041	*	Evofem Biosciences Inc		102,259
	18,821	*,e	Evolus, Inc		334,073
	91,958	*,e	EyePoint Pharmaceuticals Inc		127,822
	80,888	*	Fate Therapeutics, Inc		1,783,580
	118,690	*	FibroGen, Inc		5,609,289

261

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	49,519	*	Five Prime Therapeutics, Inc	$	253,042
	51,341	*,e	Flexion Therapeutics, Inc		515,464
	109,756	*	Fluidigm Corp		1,289,633
	24,267	*	Forty Seven, Inc		215,976
	52,454	*	G1 Therapeutics, Inc		1,301,384
	47,804	*,e	Galectin Therapeutics, Inc		176,875
	41,163	*	Genomic Health, Inc		3,003,664
	290,699	*,e	Geron Corp		348,839
	83,558	*	Global Blood Therapeutics, Inc		4,578,978
	53,355	*	GlycoMimetics, Inc		492,467
	29,588	*	Gossamer Bio, Inc		587,322
	36,846	*,e	Gritstone Oncology, Inc		386,883
	216,836	*	Halozyme Therapeutics, Inc		3,684,044
	8,760	*,e	Harpoon Therapeutics, Inc		130,436
	113,917	*	Heron Therapeutics, Inc		1,986,712
	35,951	*	Homology Medicines, Inc		639,209
	240,973	*	Immunogen, Inc		542,189
	269,703	*,e	Immunomedics, Inc		3,978,119
	94,291	*	Innoviva, Inc		1,120,177
	141,230	*,e	Inovio Pharmaceuticals, Inc		389,795
	117,438	*	Insmed, Inc		2,577,764
	53,676	*,e	Intellia Therapeutics, Inc		971,536
	37,513	*,e	Intercept Pharmaceuticals, Inc		2,357,692
	47,082	*	Intersect ENT, Inc		930,811
	68,008	*	Intra-Cellular Therapies, Inc		567,867
	106,429	*,e	Intrexon Corp		850,368
	134,538	*	Invitae Corp		3,617,727
	176,204	*	Iovance Biotherapeutics, Inc		4,332,856
	234,020	*	Ironwood Pharmaceuticals, Inc		2,487,633
	27,816	*	Jounce Therapeutics, Inc		133,239
	198,655	*,e	Kadmon Holdings, Inc		520,476
	41,971	*	Kala Pharmaceuticals, Inc		246,789
	7,550	*,e	Kaleido Biosciences Inc		57,909
	17,257	*	KalVista Pharmaceuticals Inc		286,294
	89,965	*,e	Karyopharm Therapeutics, Inc		792,592
	27,185	*,e	Kezar Life Sciences, Inc		153,052
	55,463	*	Kindred Biosciences, Inc		378,258
	21,759	*	Kiniksa Pharmaceuticals Ltd		256,756
	34,864	*	Kodiak Sciences, Inc		429,176
	12,948	*,e	Krystal Biotech Inc		621,633
	44,459	*	Kura Oncology, Inc		850,056
	34,955	*,e	La Jolla Pharmaceutical Co		292,224
	53,267	*,e	Lannett Co, Inc		376,598
	71,355	*,e	Lexicon Pharmaceuticals, Inc		96,329
	28,985	*	Ligand Pharmaceuticals, Inc (Class B)		2,652,417
	19,940	*	Liquidia Technologies, Inc		145,761
	17,202	*,e	LogicBio Therapeutics, Inc		215,025
	62,607		Luminex Corp		1,360,450
	70,493	*	MacroGenics, Inc		1,014,394
	12,568	*,e	Madrigal Pharmaceuticals, Inc		1,097,061
	29,883	*,e	Magenta Therapeutics, Inc		403,719
	125,787	*,e	Mallinckrodt plc		856,609
	320,933	*,e	MannKind Corp		359,445

262

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	79,933	*,e	Marinus Pharmaceuticals, Inc	$	87,926
	40,098	*,e	Marker Therapeutics Inc		184,852
	106,331	*,e	Medicines Co		3,810,903
	60,863	*,e	MediciNova, Inc		580,633
	42,191	*	Medpace Holdings, Inc		3,322,963
	101,175	*	MEI Pharma, Inc		171,998
	24,472	*	MeiraGTx Holdings plc		666,862
	23,021	*	Menlo Therapeutics, Inc		87,250
	53,187	*	Mersana Therapeutics, Inc		186,155
	14,011	*	Millendo Therapeutics Inc		137,448
	45,243	*	Minerva Neurosciences, Inc		300,414
	38,518	*	Mirati Therapeutics, Inc		4,075,204
	25,240	*	Molecular Templates, Inc		165,827
	154,848	*	Momenta Pharmaceuticals, Inc		1,749,782
	42,193	*,e	Mustang Bio, Inc		128,689
	68,789	*	MyoKardia, Inc		3,744,185
	106,248	*	Myriad Genetics, Inc		3,096,067
	51,619	*	NanoString Technologies, Inc		1,696,200
	85,367	*	Natera, Inc		2,354,422
	132,520	*	NeoGenomics, Inc		3,229,512
	20,227	*	Neon Therapeutics, Inc		57,849
	4,309	*	NextCure Inc		94,669
	10,016	*,e	NGM Biopharmaceuticals Inc		140,925
	39,537	*,e	Novavax, Inc		170,404
	67,276	*,e	Ocular Therapeutix, Inc		312,833
	11,493	*,e	Odonate Therapeutics, Inc		468,340
	71,828	*,e	Omeros Corp		1,114,052
	31,968	*	Oncocyte Corp		56,583
	510,530	*,e	Opko Health, Inc		1,077,218
	37,078	*,e	Optinose, Inc		199,109
	15,648	*	Organogenesis Holdings Inc		77,614
	218,099	*	Pacific Biosciences of California, Inc		1,177,735
	61,643	*	Pacira Pharmaceuticals, Inc		2,705,511
	300,640	*,e	Palatin Technologies, Inc		273,432
	50,229	*,e	Paratek Pharmaceuticals, Inc		162,240
	175,964	*	PDL BioPharma, Inc		506,776
	52,259	*	Pfenex, Inc		307,283
	20,302	*	PhaseBio Pharmaceuticals Inc		158,559
	30,377		Phibro Animal Health Corp		945,636
	79,763	*	Pieris Pharmaceuticals, Inc		438,697
	28,785	*,e	PolarityTE, Inc		137,017
	102,027	*,e	Portola Pharmaceuticals, Inc		2,722,080
	13,584	*,e	Precision BioSciences Inc		174,826
	79,521	*	Prestige Brands Holdings, Inc		2,751,427
	19,801	*	Principia Biopharma, Inc		735,409
	123,957	*	Progenics Pharmaceuticals, Inc		666,889
	22,452	*,e	Protagonist Therapeutics, Inc		247,421
	58,664	*	Prothena Corp plc		549,095
	88,136	*	PTC Therapeutics, Inc		4,245,511
	46,623	*	Puma Biotechnology, Inc		449,912
	15,704	*	Quanterix Corp		486,510
	48,513	*	Ra Pharmaceuticals, Inc		1,651,383
	66,589	*	Radius Health, Inc		1,429,000

263

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	30,471	*	Reata Pharmaceuticals, Inc	$	2,762,196
	33,909	*	Recro Pharma, Inc		325,526
	50,889	*	REGENXBIO, Inc		2,259,980
	72,486	*	Repligen Corp		6,841,954
	16,270	*,e	Replimune Group, Inc		202,073
	22,281	*	resTORbio, Inc		242,417
	62,181	*	Retrophin, Inc		1,230,562
	65,781	*	Revance Therapeutics, Inc		827,525
	33,971	*	Rhythm Pharmaceuticals, Inc		653,942
	262,827	*	Rigel Pharmaceuticals, Inc		599,246
	43,952	*,e	Rocket Pharmaceuticals, Inc		535,335
	51,630	*,e	Rubius Therapeutics, Inc		686,679
	176,327	*	Sangamo Biosciences, Inc		2,117,687
	25,604	*	Scholar Rock Holding Corp		314,673
	23,913	*,e	Seres Therapeutics, Inc		65,282
	81,217	*	SIGA Technologies, Inc		454,815
	31,959	*,e	Solid Biosciences, Inc		183,125
	172,015	*,e	Sorrento Therapeutics, Inc		462,720
	52,562	*	Spark Therapeutics, Inc		5,257,251
	176,688	*	Spectrum Pharmaceuticals, Inc		1,339,295
	15,205	*	Spero Therapeutics, Inc		157,980
	58,218	*	Stemline Therapeutics, Inc		772,553
	53,894	*,e	Strongbridge Biopharma plc		140,124
	76,912	*	Supernus Pharmaceuticals, Inc		2,566,553
	15,955	*	Sutro Biopharma, Inc		179,813
	29,781	*	Syndax Pharmaceuticals, Inc		285,898
	95,445	*	Syneos Health, Inc		4,876,285
	27,221	*	Synlogic, Inc		152,710
	9,916	*	Synthorx, Inc		163,614
	51,275	*	Syros Pharmaceuticals, Inc		383,537
	2,682	*,e	TCR2 Therapeutics Inc		41,678
	116,165	*,e	TG Therapeutics, Inc		870,076
	302,657	*,e	TherapeuticsMD, Inc		650,713
	66,255	*,e	Theravance Biopharma, Inc		1,381,417
	30,657	*	Tocagen, Inc		163,095
	46,899	*	Translate Bio, Inc		376,130
	34,996	*,e	Tricida, Inc		1,104,474
	9,818	*,e	Turning Point Therapeutics Inc		391,149
	33,969	*	Twist Bioscience Corp		1,145,435
	171,958	*,e	Tyme Technologies, Inc		189,154
	83,535	*	Ultragenyx Pharmaceutical, Inc		5,033,819
	40,583	*,e	UNITY Biotechnology, Inc		286,516
	27,699	*,e	UroGen Pharma Ltd		944,536
	80,440	*	Vanda Pharmaceuticals, Inc		1,001,478
	124,762	*,e	VBI Vaccines, Inc		91,313
	72,083	*	Veracyte, Inc		2,044,995
	67,268	*	Vericel Corp		1,286,164
	19,146	*,e	Verrica Pharmaceuticals, Inc		234,347
	99,463	*,e	Viking Therapeutics, Inc		764,870
	39,696	*	Voyager Therapeutics, Inc		873,709
	34,617	*,e	WaVe Life Sciences Pte Ltd		741,150
	10,378	*	X4 Pharmaceuticals, Inc		123,498
	24,764	*,e	XBiotech, Inc		174,339

264

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	71,560	*	Xencor, Inc	$	3,150,071
	42,253	*,e	Xeris Pharmaceuticals, Inc		494,360
	30,080	*	Y-mAbs Therapeutics, Inc		672,890
	252,928	*,e	ZIOPHARM Oncology, Inc		1,755,320
	66,397	*	Zogenix, Inc		3,198,343
	30,754	*,e	Zynerba Pharmaceuticals, Inc		325,685
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		293,020,905
REAL ESTATE - 7.7%
	125,403		Acadia Realty Trust		3,520,062
	56,947		Agree Realty Corp		3,806,907
	104,725		Alexander & Baldwin, Inc		2,462,085
	3,258		Alexander’s, Inc		1,220,121
	8,715	*,e	Altisource Portfolio Solutions S.A.		183,015
	71,605		American Assets Trust, Inc		3,322,472
	165,861		American Finance Trust, Inc		1,942,232
	2,523	*,e	American Realty Investors, Inc		39,662
	79,968		Armada Hoffler Properties, Inc		1,353,858
	130,562		Ashford Hospitality Trust, Inc		353,823
	37,356		Bluerock Residential Growth REIT, Inc		440,427
	46,809		BraeMar Hotels & Resorts, Inc		426,898
	15,931		Brt Realty Trust		222,397
	144,035		CareTrust REIT, Inc		3,345,933
	75,750		CatchMark Timber Trust, Inc		769,620
	260,852		CBL & Associates Properties, Inc		273,895
	133,565		Cedar Realty Trust, Inc		371,311
	70,647		Chatham Lodging Trust		1,261,755
	92,766		Chesapeake Lodging Trust		2,548,282
	5,931		CIM Commercial Trust Corp		120,874
	62,844		City Office REIT, Inc		778,009
	25,117		Clipper Realty, Inc		290,101
	27,366		Community Healthcare Trust, Inc		1,124,469
	7,619		Consolidated-Tomoka Land Co		477,864
	184,667		CoreCivic, Inc		3,133,799
	20,231		CorEnergy Infrastructure Trust, Inc		818,749
	62,746		CorePoint Lodging, Inc		736,011
	159,965	*	Cushman & Wakefield plc		3,173,706
	302,764		DiamondRock Hospitality Co		3,048,833
	105,743		Easterly Government Properties, Inc		1,995,370
	55,190		EastGroup Properties, Inc		6,649,291
	110,841		Essential Properties Realty Trust, Inc		2,340,962
	23,578	*,e	eXp World Holdings Inc		249,219
	39,521		Farmland Partners, Inc		243,054
	191,453		First Industrial Realty Trust, Inc		7,311,590
	16,136	*	Forestar Group, Inc		333,370
	107,009		Four Corners Property Trust, Inc		2,882,822
	161,809		Franklin Street Properties Corp		1,304,181
	73,892		Front Yard Residential Corp		887,443
	10,405	*	FRP Holdings, Inc		515,880
	184,383		Geo Group, Inc		3,283,861
	53,159		Getty Realty Corp		1,593,707
	45,919		Gladstone Commercial Corp		976,238
	24,288		Gladstone Land Corp		279,069

265

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	45,824		Global Medical REIT, Inc	$	473,362
	129,325		Global Net Lease, Inc		2,524,424
	765		Griffin Land & Nurseries, Inc (Class A)		29,728
	93,559		Hannon Armstrong Sustainable Infrastructure Capital, Inc		2,568,195
	194,707		Healthcare Realty Trust, Inc		6,226,730
	55,488		Hersha Hospitality Trust		866,723
	135,354		Independence Realty Trust, Inc		1,671,622
	97,974		Industrial Logistics Properties Trust		2,094,684
	14,839		Innovative Industrial Properties, Inc		1,568,037
	18,419		Investors Real Estate Trust		1,174,211
	98,312		iStar Financial, Inc		1,297,718
	31,352		Jernigan Capital, Inc		622,024
	189,345		Kennedy-Wilson Holdings, Inc		4,074,704
	126,663		Kite Realty Group Trust		2,015,208
	347,733		Lexington Realty Trust		3,432,125
	60,188		LTC Properties, Inc		2,774,065
	141,207		Mack-Cali Realty Corp		3,357,902
	36,275	*	Marcus & Millichap, Inc		1,204,330
	7,422	*	Maui Land & Pineapple Co, Inc		84,091
	136,507		Monmouth Real Estate Investment Corp (Class A)		1,882,432
	63,860		National Health Investors, Inc		5,069,207
	85,466		National Storage Affiliates Trust		2,588,765
	125,991		New Senior Investment Group, Inc		898,316
	224,757		Newmark Group, Inc		2,216,104
	28,485		NexPoint Residential Trust, Inc		1,229,413
	68,705		NorthStar Realty Europe Corp		1,167,985
	71,701		Office Properties Income Trust		2,019,817
	23,702		One Liberty Properties, Inc		679,299
	198,364		Pebblebrook Hotel Trust		5,552,208
	104,176		Pennsylvania REIT		622,972
	284,615		Physicians Realty Trust		4,898,224
	194,095		Piedmont Office Realty Trust, Inc		4,039,117
	101,723		Potlatch Corp		3,745,441
	62,822		Preferred Apartment Communities, Inc		910,291
	30,552		PS Business Parks, Inc		5,346,600
	84,478		QTS Realty Trust, Inc		3,909,642
	15,577	*	Rafael Holdings, Inc		322,444
	26,019		Re/Max Holdings, Inc		756,633
	168,094	e	Realogy Holdings Corp		875,770
	134,524	*,e	Redfin Corp		2,426,813
	170,695		Retail Opportunities Investment Corp		3,096,407
	22,132		Retail Value, Inc		833,048
	158,039		Rexford Industrial Realty, Inc		6,542,815
	263,824		RLJ Lodging Trust		4,558,879
	22,755		RMR Group, Inc		1,120,456
	118,498		RPT Realty		1,451,600
	70,149		Ryman Hospitality Properties		5,261,175
	273,331		Sabra Healthcare REIT, Inc		5,641,552
	12,843		Safehold, Inc		422,149
	17,829		Saul Centers, Inc		976,851
	360,373		Senior Housing Properties Trust		2,955,059
	49,084		Seritage Growth Properties		2,050,239
	70,990		Spirit MTA REIT		597,026

266

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	50,737	*	St. Joe Co	$	976,180
	192,271		STAG Industrial, Inc		5,714,294
	6,939	*	Stratus Properties, Inc		195,819
	159,241		Summit Hotel Properties, Inc		1,769,167
	349,570		Sunstone Hotel Investors, Inc		4,617,820
	140,639		Tanger Factory Outlet Centers, Inc		2,233,347
	33,992	*	Tejon Ranch Co		629,872
	95,037		Terreno Realty Corp		4,643,508
	1,971	*	Transcontinental Realty Investors, Inc		49,925
	57,015		UMH Properties, Inc		749,747
	281,276		Uniti Group, Inc		2,368,344
	19,380		Universal Health Realty Income Trust		1,786,061
	175,448		Urban Edge Properties		2,935,245
	46,353		Urstadt Biddle Properties, Inc (Class A)		1,000,761
	280,415		Washington Prime Group, Inc		1,017,906
	123,505		Washington REIT		3,328,460
	56,716	*	Whitestone REIT		723,129
	175,003		Xenia Hotels & Resorts, Inc		3,750,314
			TOTAL REAL ESTATE		235,627,758
RETAILING - 3.2%
	36,596	*	1-800-FLOWERS.COM, Inc (Class A)		716,550
	103,259		Aaron’s, Inc		6,510,480
	103,311		Abercrombie & Fitch Co (Class A)		1,955,677
	244,059		American Eagle Outfitters, Inc		4,317,404
	9,444	*	America’s Car-Mart, Inc		851,471
	29,125	*	Asbury Automotive Group, Inc		2,681,830
	71,585	*,e	At Home Group, Inc		428,794
	59,875	*	Barnes & Noble Education, Inc		209,562
	86,779		Barnes & Noble, Inc		565,799
	196,812	e	Bed Bath & Beyond, Inc		1,911,045
	59,852		Big Lots, Inc		1,532,211
	174,401	*	BJ’s Wholesale Club Holdings, Inc		4,108,888
	42,111	*	Boot Barn Holdings, Inc		1,317,653
	46,481	e	Buckle, Inc		945,888
	62,752		Caleres, Inc		1,178,483
	52,455	e	Camping World Holdings, Inc		615,297
	34,827		Cato Corp (Class A)		500,464
	196,173		Chico’s FAS, Inc		625,792
	23,096	e	Children’s Place Retail Stores, Inc		2,255,786
	19,470		Citi Trends, Inc		298,864
	31,774	*	Conn’s, Inc		660,899
	25,906	*	Container Store Group, Inc		158,286
	69,292		Core-Mark Holding Co, Inc		2,593,600
	100,938		Designer Brands, Inc		1,855,240
	16,875	e	Dillard’s, Inc (Class A)		1,228,162
	14,643	*,e	Duluth Holdings, Inc		177,912
	98,715	*	Express Parent LLC		243,826
	25,077	*,e	Funko, Inc		627,176
	13,734	*,e	Gaia, Inc		79,383
	148,979	e	GameStop Corp (Class A)		598,896
	26,150	*	Genesco, Inc		1,029,787
	124,364	*,e	GNC Holdings, Inc		258,677

267

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	9,200	*,e	Greenlane Holdings Inc	$	77,556
	27,053		Group 1 Automotive, Inc		2,271,370
	706,365	*	Groupon, Inc		2,225,050
	87,541	e	Guess?, Inc		1,475,066
	29,621		Haverty Furniture Cos, Inc		536,436
	29,748	*	Hibbett Sports, Inc		547,363
	60,141	*	Hudson Ltd		768,602
	28,393	e	J. Jill, Inc		60,761
	465,443	*,e	JC Penney Co, Inc		370,260
	15,574	*	Lands’ End, Inc		169,757
	19,936	*	Leaf Group Ltd		121,610
	42,662	*	Liquidity Services, Inc		278,156
	33,991		Lithia Motors, Inc (Class A)		4,482,733
	42,818	*,e	Lumber Liquidators, Inc		375,514
	35,468	*	MarineMax, Inc		547,626
	126,033	*	Michaels Cos, Inc		865,847
	50,129		Monro Muffler, Inc		4,221,363
	46,946	*	Murphy USA, Inc		4,148,149
	104,499	*	National Vision Holdings, Inc		3,301,123
	826,719		Office Depot, Inc		1,686,507
	43,653	*,e	Overstock.com, Inc		983,066
	90,017	*,e	Party City Holdco, Inc		574,308
	31,037	e	PetMed Express, Inc		539,113
	117,429	*	Quotient Technology, Inc		1,235,353
	75,174	*	Rent-A-Center, Inc		2,031,953
	27,897	*,e	RH		3,888,842
	55,783	*	RTW RetailWinds, Inc		121,607
	70,784	*	Rubicon Project, Inc		538,666
	185,541	*	Sally Beauty Holdings, Inc		2,549,333
	15,430	e	Shoe Carnival, Inc		391,613
	52,395	*	Shutterfly, Inc		2,655,903
	28,767		Shutterstock, Inc		1,103,790
	77,946		Signet Jewelers Ltd		1,413,940
	45,998	*	Sleep Number Corp		2,261,722
	38,707		Sonic Automotive, Inc (Class A)		1,067,152
	58,150	*	Sportsman’s Warehouse Holdings, Inc		261,094
	25,732	*	Stamps.com, Inc		1,228,703
	64,291	*,e	Stitch Fix Inc		1,676,709
	71,190	e	Tailored Brands, Inc		346,695
	65,158		Tile Shop Holdings, Inc		168,759
	34,679		Tilly’s, Inc		284,021
	77,560	*,e	Waitr Holdings Inc		356,000
	10,612		Weyco Group, Inc		292,042
	3,882		Winmark Corp		656,097
	31,714	*	Zumiez, Inc		785,556
			TOTAL RETAILING		98,982,668
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.5%
	58,221	*	Acacia Communications, Inc		3,910,705
	38,423	*	Adesto Technologies Corp		327,364
	57,877	*	Advanced Energy Industries, Inc		3,380,017
	31,310	*	Alpha & Omega Semiconductor Ltd		317,797
	48,584	*	Ambarella, Inc		2,426,771

268

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	149,901	*	Amkor Technology, Inc	$	1,383,586
	41,543	*	Aquantia Corp		545,460
	47,929	*	Axcelis Technologies, Inc		769,260
	54,840	*	AXT, Inc		234,167
	108,952		Brooks Automation, Inc		4,227,338
	44,395		Cabot Microelectronics Corp		5,400,652
	34,851	*	Ceva, Inc		968,161
	16	*,†	China Energy Savings Technology, Inc		0
	89,168	*	Cirrus Logic, Inc		4,373,690
	64,006		Cohu, Inc		970,331
	61,680	*	Diodes, Inc		2,627,568
	32,154	*	DSP Group, Inc		518,322
	116,091	*	Formfactor, Inc		1,948,007
	22,634	*,e	GSI Technology, Inc		186,051
	33,890	*	Ichor Holdings Ltd		854,367
	24,104	*,e	Impinj, Inc		872,565
	69,272	*	Inphi Corp		4,170,867
	189,191	*	Lattice Semiconductor Corp		3,658,954
	68,762	*	MA-COM Technology Solutions		1,349,110
	101,568	*	MaxLinear, Inc		2,232,465
	33,956	*	Nanometrics, Inc		1,065,539
	69,131	*	NeoPhotonics Corp Ltd		317,311
	7,226		NVE Corp		485,732
	45,883	*	PDF Solutions, Inc		612,538
	103,759	*	Photronics, Inc		999,199
	42,525		Power Integrations, Inc		3,872,752
	165,748	*	Rambus, Inc		2,065,220
	48,331	*	Rudolph Technologies, Inc		1,301,071
	100,698	*	Semtech Corp		5,323,903
	65,605	*	Silicon Laboratories, Inc		7,361,537
	22,961	*	SMART Global Holdings, Inc		698,933
	99,841	*,e	SunPower Corp		1,167,141
	60,634	*	Ultra Clean Holdings		884,650
	73,828	*	Veeco Instruments, Inc		879,291
	74,211		Xperi Corp		1,584,405
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		76,272,797
SOFTWARE & SERVICES - 7.1%
	144,895	*	8x8, Inc		3,502,112
	93,220	*	A10 Networks, Inc		706,608
	166,455	*	ACI Worldwide, Inc		5,586,230
	55,675	*	Alarm.com Holdings, Inc		2,778,739
	58,763	*	Altair Engineering, Inc		2,445,128
	42,559	*	American Software, Inc (Class A)		566,886
	23,171	*	Appfolio, Inc		2,237,160
	48,413	*,e	Appian Corp		1,902,147
	170,412	*	Avaya Holdings Corp		2,051,760
	47,267	*	Benefitfocus, Inc		1,181,202
	74,642		Blackbaud, Inc		6,792,422
	64,658	*	Blackline, Inc		2,883,747
	66,479	*	Bottomline Technologies, Inc		2,798,101
	221,307	*	Box, Inc		3,660,418
	55,769	*	Brightcove, Inc		695,997

269

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	86,875	*	Carbon Black, Inc	$	1,616,744
	48,574	*	Carbonite, Inc		870,932
	59,245	*	Cardtronics plc		1,687,298
	21,448		Cass Information Systems, Inc		1,091,918
	42,871	*	ChannelAdvisor Corp		391,412
	143,842	*	Cision Ltd		1,494,518
	365,792	*,e	Cloudera, Inc		2,187,436
	52,277	*	Commvault Systems, Inc		2,375,467
	265,681	*	Conduent, Inc		2,417,697
	85,680	*	Cornerstone OnDemand, Inc		5,072,256
	49,373		CSG Systems International, Inc		2,529,873
	18,172	*,e	Digimarc Corp		821,011
	114,284	*	Digital Turbine, Inc		620,562
	25,785	*	Domo, Inc		715,276
	34,692	e	Ebix, Inc		1,596,873
	38,809	*	eGain Corp		300,382
	107,739	*	Endurance International Group Holdings, Inc		510,683
	73,105	*	Envestnet, Inc		5,220,428
	49,941	*	Everbridge, Inc		5,108,964
	103,052	*	Everi Holdings, Inc		1,237,655
	92,106		EVERTEC, Inc		2,949,234
	49,130	*	Evo Payments, Inc		1,528,926
	57,838	*	Exela Technologies, Inc		153,271
	51,667	*	ExlService Holdings, Inc		3,554,173
	90,393	*	Five9, Inc		4,462,702
	62,063	*	ForeScout Technologies, Inc		2,318,674
	49,131	*,e	GTT Communications, Inc		594,485
	44,644	*	GTY Technology Holdings Inc		310,722
	36,521		Hackett Group, Inc		599,675
	14,058	*	I3 Verticals, Inc		401,637
	75,869	*,e	Ideanomics Inc		144,151
	40,842	*	Information Services Group, Inc		111,090
	13,185	*	Inspired Entertainment, Inc		105,216
	51,767	*	Instructure, Inc		2,054,632
	10,075	*,e	Intelligent Systems Corp		494,582
	19,147	*,e	International Money Express Inc		264,994
	71,086		j2 Global, Inc		6,333,052
	216,191		KBR, Inc		5,703,119
	177,886	*	Limelight Networks, Inc		482,071
	92,747	*	Liveperson, Inc		3,078,273
	104,353	*	LiveRamp Holdings, Inc		5,498,360
	7,084	*	Majesco		66,731
	40,801		Mantech International Corp (Class A)		2,806,293
	96,816		MAXIMUS, Inc		7,116,944
	12,551	*	MicroStrategy, Inc (Class A)		1,716,098
	60,888	*	Mitek Systems, Inc		611,316
	141,222	*	MobileIron, Inc		974,432
	47,945	*	Model N, Inc		1,048,078
	61,119		Monotype Imaging Holdings, Inc		1,220,546
	102,055		NIC, Inc		1,851,278
	48,588	*	OneSpan, Inc		710,357
	50,403	*,e	Paysign Inc		711,186
	48,995	*	Perficient, Inc		1,674,159

270

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	216,604		Perspecta, Inc	$	5,053,371
	73,581		Presidio, Inc		1,030,134
	25,179	*	PRGX Global, Inc		141,254
	9,815	*,e	Priority Technology Holdings Inc		76,164
	68,026		Progress Software Corp		2,944,846
	50,986	*	PROS Holdings, Inc		3,689,347
	61,373	*	Q2 Holdings, Inc		4,901,861
	17,894		QAD, Inc (Class A)		771,947
	52,173	*	Qualys, Inc		4,516,095
	72,573	*	Rapid7, Inc		4,401,552
	28,934	*	Rimini Street, Inc		142,645
	130,313	*	SailPoint Technologies Holding, Inc		2,754,817
	90,342		Science Applications International Corp		7,712,496
	13,818	*,e	SecureWorks Corp		164,987
	12,703	*,e	SharpSpring Inc		120,933
	12,193	*,e	ShotSpotter, Inc		458,335
	27,246	*	SPS Commerce, Inc		3,046,920
	24,068	*	StarTek, Inc		161,496
	128,411	*	SVMK, Inc		2,179,135
	61,401	*	Sykes Enterprises, Inc		1,737,034
	56,596	*,e	Synchronoss Technologies, Inc		457,862
	67,155	*	Telaria, Inc		543,955
	46,568	*	TeleNav, Inc		439,136
	57,630	*	Tenable Holdings, Inc		1,444,208
	185,353		TiVo Corp		1,404,976
	21,333		TTEC Holdings, Inc		1,000,944
	14,182	*,e	Tucows, Inc		693,925
	80,649	*,e	Unisys Corp		999,241
	33,167	*	Upland Software, Inc		1,459,016
	90,851	*,e	USA Technologies, Inc		597,800
	44,986	*	Varonis Systems, Inc		3,234,943
	99,839	*	Verint Systems, Inc		5,777,683
	151,095	*,e	Verra Mobility Corp		2,092,666
	97,268	*,e	VirnetX Holding Corp		711,029
	43,215	*	Virtusa Corp		1,930,846
	53,227	*	Workiva, Inc		3,060,020
	140,906	*	Yext, Inc		2,932,254
	84,143	*	Zix Corp		766,543
	130,551	*	Zuora Inc		1,959,570
			TOTAL SOFTWARE & SERVICES		216,818,485
TECHNOLOGY HARDWARE & EQUIPMENT - 3.9%
	176,161	*,e	3D Systems Corp		1,588,972
	71,769		Adtran, Inc		797,354
	74,027	*	Aerohive Networks, Inc		328,680
	29,500	*	Agilysys, Inc		723,635
	13,711	*	Airgain Inc		177,969
	37,236	*,e	Akoustis Technologies, Inc		216,713
	47,157	*	Anixter International, Inc		3,035,024
	29,029	*,e	Applied Optoelectronics, Inc		290,580
	108,604	*	Arlo Technologies, Inc		466,997
	10,126		AstroNova Inc		244,847
	49,454	*	Avid Technology, Inc		506,903

271

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	74,449		AVX Corp	$	1,133,858
	43,445		Badger Meter, Inc		2,323,873
	16,948		Bel Fuse, Inc (Class B)		279,472
	58,678		Belden CDT, Inc		2,667,502
	56,929		Benchmark Electronics, Inc		1,540,499
	48,216	*	CalAmp Corp		538,091
	72,040	*	Calix, Inc		452,411
	51,230	*	Casa Systems, Inc		337,606
	13,438	*	Clearfield, Inc		178,053
	6,864	*,e	Coda Octopus Group Inc		81,270
	34,683		Comtech Telecommunications Corp		1,032,166
	39,773	*	Control4 Corp		950,972
	64,044	*	Cray, Inc		2,218,484
	50,378		CTS Corp		1,587,915
	57,046		Daktronics, Inc		361,672
	14,435	*	DASAN Zhone Solutions, Inc		145,360
	121,874	*	Diebold, Inc		1,695,267
	44,282	*	Digi International, Inc		581,423
	20,255	*	ePlus, Inc		1,537,354
	177,401	*	Extreme Networks, Inc		1,444,044
	55,288	*	Fabrinet		2,967,860
	25,622	*	FARO Technologies, Inc		1,367,959
	180,970	*	Finisar Corp		4,258,224
	348,333	*,e	Fitbit, Inc		1,462,999
	139,670	*	Harmonic, Inc		1,043,335
	97,182	*	II-VI, Inc		3,858,125
	49,931	*	Immersion Corp		401,445
	259,663	*	Infinera Corp		1,002,299
	65,838	*,e	Inseego Corp		342,358
	54,942	*	Insight Enterprises, Inc		3,022,909
	48,386		InterDigital, Inc		3,117,510
	41,785	*	Iteris, Inc		226,057
	51,827	*	Itron, Inc		3,213,274
	89,692		Kemet Corp		1,804,603
	37,128	*	Kimball Electronics, Inc		590,335
	125,123	*	Knowles Corp		2,546,253
	26,501	*	KVH Industries, Inc		267,660
	116,804	*	Lumentum Holdings, Inc		6,614,611
	54,676		Methode Electronics, Inc		1,637,546
	27,138		MTS Systems Corp		1,563,692
	17,629	*	Napco Security Technologies, Inc		510,360
	46,453	*	Netgear, Inc		1,572,434
	116,126	*	Netscout Systems, Inc		3,023,921
	47,920	*	nLight, Inc		787,805
	51,701	*	Novanta, Inc		4,347,537
	25,103	*	OSI Systems, Inc		2,825,594
	17,408	*,e	PAR Technology Corp		452,434
	29,390		Park Aerospace Corp		534,604
	18,531		PC Connection, Inc		606,149
	13,965	*	PC Mall, Inc		486,401
	50,255		Plantronics, Inc		1,929,792
	44,524	*	Plexus Corp		2,658,528
	88,050	*	Ribbon Communications, Inc		433,206

272

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	28,399	*	Rogers Corp	$	4,505,785
	101,936	*	Sanmina Corp		3,236,468
	38,814	*	Scansource, Inc		1,317,735
	5,356	*	Sonim Technologies Inc		59,291
	79,049	*	Stratasys Ltd		2,204,677
	54,291	*	Synaptics, Inc		1,747,084
	56,171	*	Tech Data Corp		5,692,369
	9,148		Tessco Technologies, Inc		134,659
	146,269	*	TTM Technologies, Inc		1,529,974
	351,977	*	Viavi Solutions, Inc		5,163,503
	200,321		Vishay Intertechnology, Inc		3,405,457
	16,650	*	Vishay Precision Group, Inc		678,321
	11,262	*,e	Wrap Technologies Inc		54,283
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		120,672,391
TELECOMMUNICATION SERVICES - 0.8%
	17,492		ATN International, Inc		984,275
	24,889	*	Bandwidth Inc		1,854,231
	67,313	*	Boingo Wireless, Inc		1,011,041
	72,212	*	Cincinnati Bell, Inc		275,850
	63,223		Cogent Communications Group, Inc		3,983,681
	119,921	e	Consolidated Communications Holdings, Inc		564,828
	163,549	*,e	Frontier Communications Corp		215,885
	83,795	*,e	Gogo, Inc		351,101
	24,570	*	IDT Corp (Class B)		249,631
	102,735	*,e	Intelsat S.A.		2,325,920
	152,868	*	Iridium Communications, Inc		3,888,962
	32,439	*	Ooma, Inc		422,680
	112,232	*	Orbcomm, Inc		657,680
	158,700	*,e	Pareteum Corp		555,450
	14,612	*	pdvWireless, Inc		650,088
	72,694		Shenandoah Telecom Co		2,861,236
	24,468		Spok Holdings, Inc		317,839
	347,968	*	Vonage Holdings Corp		4,314,803
			TOTAL TELECOMMUNICATION SERVICES		25,485,181
TRANSPORTATION - 1.5%
	88,693	*	Air Transport Services Group, Inc		2,067,434
	20,151		Allegiant Travel Co		3,019,627
	38,699		Arkansas Best Corp		1,158,261
	35,356	*	Atlas Air Worldwide Holdings, Inc		1,614,001
	92,019	*	Avis Budget Group, Inc		3,348,571
	85,494		Costamare, Inc		515,529
	20,146	*	Covenant Transportation Group, Inc		339,460
	64,143	*	Daseke, Inc		237,329
	73,053	*,e	Eagle Bulk Shipping, Inc		338,235
	44,266	*	Echo Global Logistics, Inc		932,242
	42,410		Forward Air Corp		2,671,830
	23,712	*	Genco Shipping & Trading Ltd		228,110
	73,390		Hawaiian Holdings, Inc		1,907,406
	71,317		Heartland Express, Inc		1,414,929
	157,615	*	Hertz Global Holdings, Inc		2,446,185
	50,858	*	Hub Group, Inc (Class A)		2,306,410

273

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	58,092		Marten Transport Ltd	$	1,165,906
	64,561		Matson, Inc		2,641,191
	30,702	*	Mesa Air Group, Inc		314,389
	2,702	*	PAM Transportation Services, Inc		157,824
	13,273		Park-Ohio Holdings Corp		406,154
	58,270	*	Radiant Logistics, Inc		319,902
	5,351	*,e	Roadrunner Transportation Systems Inc		51,851
	76,800	*	Safe Bulkers, Inc		155,904
	38,950	*	Saia, Inc		2,971,885
	87,732		Scorpio Bulkers, Inc		527,269
	76,727		Skywest, Inc		4,658,096
	104,969	*	Spirit Airlines, Inc		4,453,835
	12,236		Universal Truckload Services, Inc		240,927
	38,752	*,e	US Xpress Enterprises, Inc		197,248
	68,967	e	Werner Enterprises, Inc		2,286,256
	45,392	*	YRC Worldwide, Inc		147,978
			TOTAL TRANSPORTATION		45,242,174
UTILITIES - 3.8%
	78,814		Allete, Inc		6,852,877
	56,470		American States Water Co		4,374,731
	18,418	*	AquaVenture Holdings Ltd		317,342
	11,791		Artesian Resources Corp		424,240
	170,342	*,e	Atlantic Power Corp		407,117
	100,587		Avista Corp		4,630,020
	91,954		Black Hills Corp		7,278,159
	19,008	*,e	Cadiz, Inc		205,667
	73,374		California Water Service Group		3,917,438
	25,047		Chesapeake Utilities Corp		2,340,893
	53,852		Clearway Energy, Inc (Class A)		924,639
	113,970		Clearway Energy, Inc (Class C)		2,053,739
	19,031		Connecticut Water Service, Inc		1,330,267
	21,845		Consolidated Water Co, Inc		306,485
	62,459		El Paso Electric Co		4,138,533
	27,792	e	Genie Energy Ltd		306,268
	18,149		Global Water Resources, Inc		229,766
	53,942		MGE Energy, Inc		3,999,799
	24,844		Middlesex Water Co		1,555,980
	135,133		New Jersey Resources Corp		6,739,083
	44,457		Northwest Natural Holding Co		3,175,119
	77,194		NorthWestern Corp		5,397,404
	79,320		ONE Gas, Inc		7,232,398
	60,759		Ormat Technologies, Inc		3,982,752
	60,854		Otter Tail Corp		3,248,387
	133,562		Pattern Energy Group, Inc		3,062,577
	121,226		PNM Resources, Inc		6,021,295
	136,326		Portland General Electric Co		7,477,481
	19,960	*	Pure Cycle Corp		216,965
	11,106		RGC Resources, Inc		319,631
	40,051		SJW Corp		2,598,909
	141,893		South Jersey Industries, Inc		4,831,457
	81,210		Southwest Gas Corp		7,220,381
	20,675		Spark Energy, Inc		226,185

274

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY					VALUE
	75,610		Spire, Inc					$	6,231,020
	115,316		TerraForm Power, Inc						1,777,020
	22,410		Unitil Corp						1,312,554
	19,396		York Water Co						697,674
			TOTAL UTILITIES						117,362,252
			TOTAL COMMON STOCKS						3,066,075,286
			(Cost $2,571,155,295)
RIGHTS / WARRANTS - 0.0%
COMMERCIAL & PROFESSIONAL SERVICES - 0.0%
	122,474	†	Media General, Inc						0
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						0
MATERIALS - 0.0%
	33,879	†	A Schulman, Inc						14,670
	440,958	†	Pan American Silver Corp						99,348
			TOTAL MATERIALS						114,018
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	5,149	†	Omthera Pharmaceuticals, Inc						3,089
	9,351		Tobira Therapeutics, Inc						561
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						3,650
			TOTAL RIGHTS / WARRANTS						117,668
			(Cost $146,711)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 5.3%
GOVERNMENT AGENCY DEBT - 0.6%
$	18,390,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		18,390,000
			TOTAL GOVERNMENT AGENCY DEBT						18,390,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.7%
	144,483,879	c	State Street Navigator Securities Lending Government Money Market Portfolio						144,483,879
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						144,483,879
			TOTAL SHORT-TERM INVESTMENTS						162,873,879
			(Cost $162,873,879)
			TOTAL INVESTMENTS - 105.2%						3,229,066,833
			(Cost $2,734,175,885)
			OTHER ASSETS & LIABILITIES, NET - (5.2)%						(159,138,191	)
			NET ASSETS - 100.0%					$	3,069,928,642

275

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

	Abbreviation(s):
REIT	Real Estate Investment Trust
*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $187,810,741.

276

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
ARGENTINA - 0.4%
	19,200		Banco Macro S.A. (ADR) (Class B)	$	1,330,176
	44,100		BBVA Banco Frances S.A. (ADR)		511,119
	14,255	*	Globant S.A.		1,511,030
	43,300		Grupo Financiero Galicia S.A. (ADR) (Class B)		1,590,842
	31,200	*	Pampa Energia S.A. (ADR)		1,026,480
	35,700	e	Telecom Argentina S.A. (ADR) (Class B)		603,330
	36,600		Transportadora de Gas del Sur S.A. (ADR) (Class B)		571,326
	85,200		YPF S.A. (ADR) (Class D)		1,401,540
			TOTAL ARGENTINA		8,545,843
AUSTRALIA - 0.0%
	1,233,485	*	MMG Ltd		382,846
			TOTAL AUSTRALIA		382,846
BRAZIL - 7.8%
	2,111,997		AMBEV S.A.		11,140,095
	173,700		Atacadao Distribuicao Comercio e Industria Ltd		1,065,499
	80,075	*	B2W Companhia Global Do Varejo		796,061
	903,482		B3 S.A.-Brasil Bolsa Balcao		9,988,053
	516,495		Banco Bradesco S.A.		4,210,347
	1,776,214		Banco Bradesco S.A. (Preference)		16,057,066
	92,100		Banco BTG Pactual S.A.		1,442,189
	365,883		Banco do Brasil S.A.		4,718,844
	2,148,653		Banco Itau Holding Financeira S.A.		19,604,097
	177,074		Banco Santander Brasil S.A.		1,988,188
	305,448		BB Seguridade Participacoes S.A.		2,597,190
	292,539		BR Malls Participacoes S.A.		1,150,579
	86,615	*	Braskem S.A.		772,564
	266,405	*	BRF S.A.		2,332,226
	108,300	*	Centrais Eletricas Brasileiras S.A.		1,117,806
	119,292	*	Centrais Eletricas Brasileiras S.A. (Preference)		1,237,822
	69,757		Cia Brasileira de Distribuicao Grupo Pao de Acucar		1,709,950
	530,456		Cia de Concessoes Rodoviarias		2,077,985
	148,958		Cia de Saneamento Basico do Estado de Sao Paulo		2,084,284
	385,191		Cia Energetica de Minas Gerais		1,427,175
	271,630		Cia Siderurgica Nacional S.A.		1,176,528
	558,894		Cielo S.A.		1,060,278
	72,036		Cosan SA Industria e Comercio		960,392
	330,179		Empresa Brasileira de Aeronautica S.A.		1,670,643
	63,200		Energisa S.A.		818,080
	92,925		Engie Brasil Energia S.A.		1,175,335
	75,100		Equatorial Energia S.A.		1,859,617
	515,875		Gerdau S.A. (Preference)		1,858,656
	179,982		Hypermarcas S.A.		1,423,312

277

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	1,936,632		Investimentos Itau S.A. - PR	$	6,327,984
	104,081		IRB Brasil Resseguros S		2,590,877
	491,564		JBS S.A.		3,207,238
	299,033		Klabin S.A.		1,256,826
	691,449		Kroton Educacional S.A.		2,275,630
	254,435		Localiza Rent A Car		2,933,468
	325,171		Lojas Americanas S.A.(Preference)		1,546,466
	334,340		Lojas Renner S.A.		4,157,835
	41,800		M Dias Branco S.A.		428,586
	31,180		Magazine Luiza S.A.		2,154,621
	116,907		Multiplan Empreendimentos Imobiliarios S.A.		869,676
	88,392		Natura Cosmeticos S.A.		1,416,783
	151,100		Notre Dame Intermedica Participacoes S.A.		1,730,206
	307,127		Petrobras Distribuidora S.A.		2,140,678
	1,378,816		Petroleo Brasileiro S.A.		10,401,591
	1,932,168		Petroleo Brasileiro S.A. (Preference)		13,203,962
	41,312		Porto Seguro S.A.		563,983
	101,183		Raia Drogasil S.A.		2,200,847
	479,327	*	Rumo S.A.		2,753,114
	111,336		Sul America SA		1,225,867
	254,884		Suzano Papel e Celulose S.A.		2,048,369
	210,421	*	Telefonica Brasil S.A.		2,883,650
	373,066		Tim Participacoes S.A.		1,194,562
	346,460		Ultrapar Participacoes S.A.		1,805,675
	1,402,259		Vale S.A.		18,301,917
	366,317		Weg S.A.		2,286,392
			TOTAL BRAZIL		191,427,664
CHILE - 0.9%
	1,519,194		Aguas Andinas S.A.		850,321
	11,410,586		Banco de Chile		1,636,995
	15,113		Banco de Credito e Inversiones		952,077
	28,494,537		Banco Santander Chile S.A.		2,063,381
	715,438		Centros Comerciales Sudamericanos S.A.		1,412,553
	69,719		Cia Cervecerias Unidas S.A.		977,432
	3,490,151		Colbun S.A.		655,381
	32,063,491		Corpbanca S.A.		248,669
	155,914		Embotelladora Andina S.A.		548,123
	62,852	*	Empresa Nacional de Telecomunicaciones S.A.		575,833
	538,915		Empresas CMPC S.A.		1,263,821
	172,703		Empresas COPEC S.A.		1,584,713
	13,069,567		Enersis Chile S.A.		1,184,590
	17,212,808		Enersis S.A.		2,840,053
	145,420		Lan Airlines S.A.		1,386,005
	331,565		SACI Falabella		2,048,689
	52,279		Sociedad Quimica y Minera de Chile S.A. (Class B)		1,533,435
			TOTAL CHILE		21,762,071
CHINA - 30.1%
	559,000	*,g	3SBio, Inc		944,024
	11,233	*	51job, Inc (ADR)		871,119
	43,487	*	58.COM, Inc (ADR)		2,451,797
	322,000		AAC Technologies Holdings, Inc		1,730,280

278

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	10,700		AECC Aviation Power Co Ltd	$	36,349
	690,000		Agile Property Holdings Ltd		886,832
	13,407,064		Agricultural Bank of China Ltd		5,426,849
	1,041,300		Agricultural Bank of China Ltd (Class A)		542,575
	40,560		Aier Eye Hospital Group Co Ltd		178,421
	26,990		Air China Ltd		34,782
	774,000		Air China Ltd (H shares)		751,656
	9,700		Aisino Corp		32,050
	630,165	*	Alibaba Group Holding Ltd (ADR)		109,087,863
	1,542,284	*	Alibaba Health Information Technology Ltd		1,385,548
	1,736,000	*	Aluminum Corp of China Ltd		566,894
	164,400	*	Aluminum Corp of China Ltd (Class A)		88,929
	657,800	e	Angang New Steel Co Ltd		249,508
	64,870		Angang Steel Co Ltd		32,781
	560,782		Anhui Conch Cement Co Ltd		3,238,088
	57,200		Anhui Conch Cement Co Ltd (Class A)		325,849
	469,651		Anta Sports Products Ltd		3,505,913
	372,980	*	Anxin Trust Co Ltd		258,067
	25,800	*,e	Autohome, Inc (ADR)		2,193,000
	13,500		AVIC Aircraft Co Ltd		32,076
	294,858		Avic Capital Co Ltd		219,153
	18,500	*	AVIC Shenyang Aircraft Co Ltd		80,446
	1,054,861		AviChina Industry & Technology Co		566,202
	874,000	g	BAIC Motor Corp Ltd		552,176
	123,389	*	Baidu, Inc (ADR)		13,782,551
	477,000		Bank of Beijing Co Ltd		388,176
	155,305		Bank of Chengdu Co Ltd		190,549
	478,700		Bank of China Ltd		257,042
	35,983,953		Bank of China Ltd (Hong Kong)		14,612,639
	589,600		Bank of Communications Co Ltd		495,522
	4,095,934		Bank of Communications Co Ltd (Hong Kong)		2,979,989
	109,000		Bank of Jiangsu Co Ltd		109,645
	95,200		Bank of Nanjing Co Ltd		113,971
	35,471		Bank of Ningbo Co Ltd		120,902
	149,890		Bank of Shanghai Co Ltd		201,676
	311,100		Baoshan Iron & Steel Co Ltd		286,403
	21,326	*,e	Baozun, Inc (ADR)		1,057,983
	1,164,000		BBMG Corp (Class H)		338,669
	772,830		Beijing Capital International Airport Co Ltd		608,919
	47,000		Beijing Dabeinong Technology Group Co Ltd		36,703
	236,000		Beijing Enterprises Holdings Ltd		1,152,202
	2,445,583		Beijing Enterprises Water Group Ltd		1,287,223
	20,300		Beijing Shiji Information Technology Co Ltd		104,557
	13,609		Beijing Tongrentang Co Ltd		55,851
	516,700		BOE Technology Group Co Ltd		300,901
	1,383,945		Brilliance China Automotive Holdings Ltd		1,508,239
	15,200		BYD Co Ltd		122,544
	281,500	e	BYD Co Ltd (H shares)		1,758,989
	297,000		BYD Electronic International Co Ltd		463,829
	52,700		Caitong Securities Co Ltd		83,070
	5,279,200	g	CGN Power Co Ltd		1,523,794
	42,600		Changjiang Securities Co Ltd		45,656
	1,197,000		China Agri-Industries Holdings Ltd		364,365

279

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	475,000		China Aoyuan Group Ltd	$	635,360
	98,500		China Avionics Systems Co Ltd		215,824
	4,246,000		China Cinda Asset Management Co Ltd		926,262
	4,138,530		China Citic Bank		2,292,921
	119,400		China CITIC Bank Corp Ltd		102,574
	1,193,000		China Coal Energy Co		462,236
	1,945,000		China Communications Construction Co Ltd (Hong Kong)		1,636,881
	1,292,400		China Communications Services Corp Ltd		899,781
	698,500		China Conch Venture Holdings Ltd		2,403,589
	237,700		China Construction Bank Corp		253,185
	42,842,641		China Construction Bank Corp (Hong Kong)		32,891,588
	1,177,500	*	China COSCO Holdings Co Ltd		437,914
	98,200	*	China Eastern Airlines Corp Ltd		83,360
	768,000	*	China Eastern Airlines Corp Ltd (H Shares)		421,964
	255,000		China Education Group Holdings Ltd		395,987
	620,600		China Everbright Bank Co Ltd		352,667
	1,437,000		China Everbright Bank Co Ltd (Hong Kong)		646,243
	1,740,888		China Everbright International Ltd		1,533,043
	366,000		China Everbright Ltd		483,479
	852,000	e	China Evergrande Group		2,249,328
	10,500		China Film Co Ltd		22,188
	69,297		China Fortune Land Development Co Ltd		291,754
	1,525,245		China Galaxy Securities Co Ltd		814,082
	29,700	*	China Gezhouba Group Co Ltd		25,891
	49,200		China Grand Automotive Services Co Ltd		28,510
	932,500		China Hongqiao Group Ltd		681,435
	4,374,000	*,g	China Huarong Asset Management Co Ltd		737,414
	2,230,000	*,†	China Huishan Dairy Holdings Co Ltd		2,849
	671,224		China Insurance International Holdings Co Ltd		1,853,246
	472,206	g	China International Capital Corp Ltd		893,335
	22,300		China International Travel Service Corp Ltd		291,038
	3,345,880		China Life Insurance Co Ltd		8,522,518
	32,400		China Life Insurance Co Ltd (Class A)		138,630
	106,200	*,e,g	China Literature Ltd		423,895
	1,381,341		China Longyuan Power Group Corp		844,677
	683,000		China Medical System Holdings Ltd		651,513
	1,229,000		China Mengniu Dairy Co Ltd		4,959,066
	1,751,868		China Merchants Bank Co Ltd		8,678,577
	274,795		China Merchants Bank Co Ltd (Class A)		1,445,722
	662,998		China Merchants Holdings International Co Ltd		1,097,239
	82,800		China Merchants Securities Co Ltd		202,401
	80,500		China Merchants Shekou Industrial Zone Holdings Co Ltd		239,486
	671,200		China Minsheng Banking Corp Ltd		589,355
	3,196,102		China Minsheng Banking Corp Ltd (Hong Kong)		2,201,505
	2,731,165		China Mobile Hong Kong Ltd		23,226,848
	1,632,000	e	China Molybdenum Co Ltd		464,155
	265,200		China Molybdenum Co Ltd (Class A)		138,016
	1,659,913		China National Building Material Co Ltd		1,455,286
	33,800		China National Chemical Engineering Co Ltd		28,337
	103,100		China National Nuclear Power Co Ltd		83,996
	924,773		China Oilfield Services Ltd		1,043,218
	595,953		China Oriental Group Co Ltd		265,309
	1,719,794		China Overseas Land & Investment Ltd		5,862,874

280

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	88,100		China Pacific Insurance Group Co Ltd	$	489,906
	1,164,200		China Pacific Insurance Group Co Ltd (Hong Kong)		4,965,870
	2,871,000		China Power International Development Ltd		719,570
	864,000		China Railway Construction Corp		998,281
	164,500		China Railway Construction Corp Ltd		230,227
	1,760,454		China Railway Group Ltd		1,232,604
	783,000	g	China Railway Signal & Communication Corp Ltd		522,740
	3,042,000		China Reinsurance Group Corp		534,642
	648,677		China Resources Beer Holdings Company Ltd		3,039,349
	390,000		China Resources Gas Group Ltd		1,974,020
	1,207,555		China Resources Land Ltd		5,160,373
	726,000	g	China Resources Pharmaceutical Group Ltd		789,580
	927,372		China Resources Power Holdings Co		1,331,722
	19,700	*	China Resources Sanjiu Medical & Pharmaceutical Co Ltd		83,517
	72,800		China Shenhua Energy Co Ltd		201,552
	1,590,000		China Shenhua Energy Co Ltd (Hong Kong)		3,141,131
	304,000		China Shipbuilding Industry Co Ltd		263,515
	592,000		China Shipping Development Co Ltd		337,155
	802,000		China Southern Airlines Co Ltd		514,085
	110,600		China Southern Airlines Co Ltd (Class A)		116,032
	63,300		China Spacesat Co Ltd		213,324
	530,120		China State Construction Engineering Corp Ltd		450,410
	922,744		China State Construction International Holdings Ltd		947,872
	6,301,336		China Telecom Corp Ltd		2,810,585
	17,992,778	g	China Tower Corp Ltd		4,650,198
	2,873,716		China Unicom Ltd		2,799,731
	513,300		China United Network Communications Ltd		439,057
	664,500		China Vanke Co Ltd		2,495,916
	132,400		China Vanke Co Ltd (Class A)		548,357
	208,200		China Yangtze Power Co Ltd		564,460
	771,200		China Zhongwang Holdings Ltd		392,746
	116,000		Chinese Universe Publishing and Media Group Co Ltd		216,175
	1,342,000		Chongqing Rural Commercial Bank		701,482
	19,500		Chongqing Zhifei Biological Products Co Ltd		132,010
	1,184,939		CIFI Holdings Group Co Ltd		755,374
	2,639,738		Citic Pacific Ltd		3,495,193
	998,000		CITIC Securities Co Ltd		1,905,478
	151,300		CITIC Securities Co Ltd (Class A)		506,117
	8,123,674		CNOOC Ltd		13,394,019
	10,300		Contemporary Amperex Technology Co Ltd		113,055
	798,196		COSCO Pacific Ltd		695,608
	3,417,416		Country Garden Holdings Co Ltd		4,604,301
	538,000		Country Garden Services Holdings Co Ltd		1,295,446
	2,019,050	*	CRRC Corp Ltd		1,589,298
	359,400	*	CRRC Corp Ltd (Class A)		409,120
	2,067,401		CSPC Pharmaceutical Group Ltd		3,587,717
	178,696	*	Ctrip.com International Ltd (ADR)		6,965,570
	913,500	g	Dali Foods Group Co Ltd		569,317
	290,400		Daqin Railway Co Ltd		332,242
	1,708,000		Datang International Power Generation Co Ltd		383,776
	17,000		DHC Software Co Ltd		16,548
	8,900		Dong-E-E-Jiao Co Ltd		42,882
	1,425,917		Dongfeng Motor Group Co Ltd		1,271,794

281

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	90,100		East Money Information Co Ltd	$	188,751
	345,300		ENN Energy Holdings Ltd		3,551,893
	47,900		Everbright Securities Co Ltd		78,007
	18,243	*	Fangda Carbon New Material Co Ltd		30,220
	864,000		Far East Horizon Ltd		803,611
	221,600		First Capital Securities Co Ltd		194,032
	120,940		Focus Media Information Technology Co Ltd		88,294
	28,925		Foshan Haitian Flavouring & Food Co Ltd		417,093
	1,216,952		Fosun International		1,590,871
	126,200		Founder Securities Co Ltd		126,186
	2,242,000		Franshion Properties China Ltd		1,444,533
	762,000	e	Future Land Development Holdings Ltd		640,189
	22,400		Future Land Holdings Co Ltd		85,043
	37,300		Fuyao Glass Industry Group Co Ltd		121,279
	230,098	g	Fuyao Glass Industry Group Co Ltd (Hong Kong)		696,766
	537,900		GD Power Development Co Ltd		198,614
	29,700	*,e	GDS Holdings Ltd (ADR)		1,223,046
	2,175,828		Geely Automobile Holdings Ltd		3,318,418
	55,000		Gemdale Corp		96,900
	398,000	*	Genscript Biotech Corp		972,802
	685,200		GF Securities Co Ltd		768,483
	51,500		GF Securities Co Ltd (Class A)		99,514
	5,601,968	*,e	GOME Electrical Appliances Holdings Ltd		596,630
	1,341,266	e	Great Wall Motor Co Ltd		908,591
	41,600		Gree Electric Appliances, Inc of Zhuhai		330,777
	207,300		Greenland Holdings Corp Ltd		208,160
	515,305		Greentown Service Group Co Ltd		434,096
	1,332,000		Guangdong Investments Ltd		2,799,525
	397,700		Guanghui Energy Co Ltd		199,843
	399,500		Guangshen Railway Co Ltd		184,865
	1,294,851		Guangzhou Automobile Group Co Ltd		1,316,533
	9,300		Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd		50,466
	41,100		Guangzhou Haige Communications Group, Inc Co		56,887
	488,800		Guangzhou R&F Properties Co Ltd		884,382
	128,500	*	Guotai Junan Securities Co Ltd		335,320
	389,000	*,g	Guotai Junan Securities Co Ltd (Hong Kong)		628,828
	281,000		Haitian International Holdings Ltd		567,673
	1,392,800		Haitong Securities Co Ltd		1,380,180
	126,400		Haitong Securities Co Ltd (Class A)		252,215
	126,200		Hangzhou Hikvision Digital Technology Co Ltd		559,040
	54,400		Hangzhou Robam Appliances Co Ltd		195,646
	33,900		Hangzhou Tigermed Consulting Co Ltd		245,003
	14,800		Heilan Home Co Ltd		19,274
	37,800		Henan Shuanghui Investment & Development Co Ltd		131,326
	324,500		Hengan International Group Co Ltd		2,454,398
	61,320		Hengli Petrochemical Co Ltd		107,152
	9,776,000	*	HengTen Networks Group Ltd		184,975
	19,180		Hengtong Optic-electric Co Ltd		44,418
	88,900		Hesteel Co Ltd		35,236
	16,700		Hithink RoyalFlush Information Network Co Ltd		219,302
	205,051	e,g	Hua Hong Semiconductor Ltd		422,574
	224,010		Huaan Securities Co Ltd		211,103
	924,000		Huadian Power International Corp Ltd		386,745

282

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	167,000		Huadian Power International Corp Ltd (Class A)	$	95,004
	16,200		Huadong Medicine Co Ltd		64,292
	90,000		Huaneng Power International, Inc		84,956
	1,843,110	*	Huaneng Power International, Inc (Hong Kong)		1,072,606
	2,358,000		Huaneng Renewables Corp Ltd		640,893
	715,000	e,g	Huatai Securities Co Ltd		1,158,356
	96,800		Huatai Securities Co Ltd (Class A)		283,243
	132,300		Huaxi Securities Co Ltd		191,334
	253,100		Huaxia Bank Co Ltd		276,759
	13,973		Huayu Automotive Systems Co Ltd		46,651
	57,700		Huazhu Group Ltd (ADR)		1,890,252
	26,190		Hundsun Technologies, Inc		267,681
	23,300	*	Hutchison China MediTech Ltd (ADR)		487,203
	31,300	*	Iflytek Co Ltd		148,138
	29,096,777		Industrial & Commercial Bank of China		19,539,829
	730,100		Industrial & Commercial Bank of China Ltd		595,399
	343,200		Industrial Bank Co Ltd		948,021
	96,600		Industrial Securities Co Ltd		90,401
	495,800		Inner Mongolia BaoTou Steel Union Co Ltd		113,230
	158,600		Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd		73,884
	87,000		Inner Mongolia Yili Industrial Group Co Ltd		391,600
	577,700		Inner Mongolia Yitai Coal Co		584,051
	54,700	*,e	IQIYI, Inc (ADR)		1,016,873
	327,524	*	JD.com, Inc (ADR)		9,796,243
	638,000		Jiangsu Express		859,612
	59,460		Jiangsu Hengrui Medicine Co Ltd		573,328
	21,500		Jiangsu Yanghe Brewery Joint-Stock Co Ltd		360,448
	547,000	*	Jiangxi Copper Co Ltd		676,968
	5,600		Jiangxi Ganfeng Lithium Co Ltd		17,806
	220,500		Jinke Properties Group Co Ltd		199,868
	920,000		Kaisa Group Holdings Ltd		381,568
	320,381		Kingboard Chemical Holdings Ltd		788,716
	1,055,000	e	Kingdee International Software Group Co Ltd		1,004,965
	362,000	*,e	Kingsoft Corp Ltd		779,957
	17,800		Kweichow Moutai Co Ltd		2,496,327
	559,429		KWG Property Holding Ltd		520,130
	168,000	g	Legend Holdings Corp		395,641
	3,175,856		Lenovo Group Ltd		2,555,464
	26,200		Lepu Medical Technology Beijing Co Ltd		93,598
	843,500		Li Ning Co Ltd		2,079,568
	28,800	*	Liaoning Cheng Da Co Ltd		57,903
	580,000		Logan Property Holdings Co Ltd		876,996
	795,500	g	Longfor Properties Co Ltd		2,941,910
	36,500		LONGi Green Energy Technology Co Ltd		135,414
	51,883		Luxshare Precision Industry Co Ltd		161,455
	587,500	g	Luye Pharma Group Ltd		453,655
	21,700	*	Luzhou Laojiao Co Ltd		251,966
	968,000		Maanshan Iron & Steel Co Ltd		366,929
	96,024		Maanshan Iron & Steel Co Ltd (Class A)		40,749
	24,528		Meinian Onehealth Healthcare Holdings Co Ltd		42,067
	720,500	*,e,g	Meitu, Inc		209,921
	457,000	*	Meituan Dianping (Class B)		3,695,387
	225,300		Metallurgical Corp of China Ltd		96,061

283

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	1,533,000		Metallurgical Corp of China Ltd (Hong Kong)	$	374,210
	47,300		Midea Group Co Ltd		372,560
	63,464		Momo, Inc (ADR)		2,155,872
	9,180		Muyuan Foodstuff Co Ltd		101,851
	41,200		NARI Technology Co Ltd		112,319
	31,301		Netease.com (ADR)		7,224,897
	26,200		New China Life Insurance Co Ltd		209,519
	355,900		New China Life insurance Co Ltd (Hong Kong)		1,765,344
	48,800		New Hope Liuhe Co Ltd		136,672
	62,284	*	New Oriental Education & Technology Group (ADR)		6,496,844
	365,400	*,e	NIO, Inc (ADR)		1,267,938
	17,852	*,e	Noah Holdings Ltd (ADR)		577,334
	207,326		Offshore Oil Engineering Co Ltd		161,642
	13,500		O-film Tech Co Ltd		16,411
	57,600		Orient Securities Co Ltd		86,529
	3,755,220	*	People’s Insurance Co Group of China Ltd		1,575,320
	3,130,306		PICC Property & Casualty Co Ltd		3,716,816
	90,400	*,e	Pinduoduo, Inc (ADR)		2,013,208
	212,400		Ping An Bank Co Ltd		431,947
	2,477,526		Ping An Insurance Group Co of China Ltd		29,199,648
	140,000		Ping An Insurance Group Co of China Ltd (Class A)		1,774,460
	157,400		Poly Real Estate Group Co Ltd		322,250
	3,628,000	g	Postal Savings Bank of China Co Ltd		2,109,859
	34,700		Power Construction Corp of China Ltd		24,867
	147,900	*	Qingdao Haier Co Ltd		358,668
	57,600		RiseSun Real Estate Development Co Ltd		72,682
	40,200		Rongsheng Petro Chemical Co Ltd		69,174
	106,800		SAIC Motor Corp Ltd		383,151
	38,400	*	Sanan Optoelectronics Co Ltd		63,304
	109,900		Sany Heavy Industry Co Ltd		223,608
	92,100		SDIC Power Holdings Co Ltd		113,597
	1,305,265	*,e	Semiconductor Manufacturing International Corp		1,537,442
	141,200		Shaanxi Coal Industry Co Ltd		192,814
	23,300		Shandong Buchang Pharmaceuticals Co Ltd		87,892
	60,268	*	Shandong Gold Mining Co Ltd		367,221
	887,390		Shandong Weigao Group Medical Polymer Co Ltd		846,004
	1,328,623		Shanghai Electric Group Co Ltd (Hong Kong)		461,466
	34,600		Shanghai Fosun Pharmaceutical Group Co Ltd		131,089
	241,985		Shanghai Fosun Pharmaceutical Group Co Ltd (Hong Kong)		716,357
	289,000		Shanghai Industrial Holdings Ltd		592,127
	9,400		Shanghai International Airport Co Ltd		112,255
	162,300		Shanghai International Port Group Co Ltd		170,403
	595,679		Shanghai Lujiazui Finance & Trade Zone Development Co Ltd		700,272
	88,000		Shanghai Oriental Pearl Group Co Ltd		126,142
	16,700		Shanghai Pharmaceuticals Holding Co Ltd		43,843
	396,541		Shanghai Pharmaceuticals Holding Co Ltd (Hong Kong)		762,525
	456,600		Shanghai Pudong Development Bank Co Ltd		782,028
	77,500		Shanxi Lu’an Environmental Energy Development Co Ltd		92,014
	176,000		Shanxi Securities Co Ltd		212,260
	5,900		Shanxi Xinghuacun Fen Wine Factory Co Ltd		57,700
	110,900		Shanxi Xishan Coal & Electricity Power Co Ltd		98,116
	151,900		Shenwan Hongyuan Group Co Ltd		107,397
	234,700		Shenzhen Energy Group Co Ltd		200,579

284

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	451,238		Shenzhen International Holdings Ltd	$	833,493
	1,076,000		Shenzhen Investment Ltd		385,812
	11,100		Shenzhen Kangtai Biological Products Co Ltd		102,780
	4,300		Shenzhen Mindray Bio-Medical Electronics Co Ltd		98,552
	31,000		Shenzhen Overseas Chinese Town Co Ltd		32,262
	13,200		Shenzhen Salubris Pharmaceuticals Co Ltd		42,743
	336,600		Shenzhou International Group Holdings Ltd		4,642,625
	498,500		Shimao Property Holdings Ltd		1,376,757
	1,698,000		Shui On Land Ltd		362,449
	85,300		Sichuan Chuantou Energy Co Ltd		115,723
	12,200		Sichuan Kelun Pharmaceutical Co Ltd		55,261
	1,689,000		Sihuan Pharmaceutical Holdings		346,011
	28,179	*	Sina Corp		1,102,362
	1,546,471		Sino-Ocean Land Holdings Ltd		622,223
	708,000		Sinopec Engineering Group Co Ltd		554,653
	2,140,000		Sinopec Shanghai Petrochemical Co Ltd		746,609
	228,783		Sinopec Shanghai Petrochemical Co Ltd (Class A)		158,273
	523,600		Sinopharm Group Co		1,935,537
	1,097,000		Sinotrans Ltd		378,096
	300,245	e	Sinotruk Hong Kong Ltd		440,268
	1,016,000		Soho China Ltd		324,837
	2,439		Spring Airlines Co Ltd		15,215
	1,068,031		Sunac China Holdings Ltd		4,817,538
	102,200		Suning.com Co Ltd		158,123
	324,717		Sunny Optical Technology Group Co Ltd		3,754,825
	25,700		Suzhou Gold Mantis Construction Decoration Co Ltd		40,895
	159,532	*	TAL Education Group (ADR)		5,136,930
	12,931		Tasly Pharmaceutical Group Co Ltd		30,259
	49,700		TBEA Co Ltd		51,031
	185,200		TCL Corp		91,057
	2,527,604		Tencent Holdings Ltd		117,768,562
	50,300	*,e	Tencent Music Entertainment (ADR)		717,781
	13,200		Tianqi Lithium Corp		44,264
	896,000		Tingyi Cayman Islands Holding Corp		1,337,204
	249,000	e	Tong Ren Tang Technologies Co Ltd		297,524
	20,700		Tonghua Dongbao Pharmaceutical Co Ltd		46,925
	116,892		Tongwei Co Ltd		245,809
	407,661		Travelsky Technology Ltd		797,941
	176,000		Tsingtao Brewery Co Ltd		1,029,379
	5,200		Tsingtao Brewery Co Ltd (Class A)		34,005
	19,600		Tus-Sound Environmental Resources Co Ltd		29,540
	637,000		Uni-President China Holdings Ltd		753,416
	215,124	*	Vipshop Holdings Ltd (ADR)		1,634,942
	51,400		Walvax Biotechnology Co Ltd		203,850
	2,304,252		Want Want China Holdings Ltd		1,792,131
	239,560		Wanxiang Qianchao Co Ltd		201,834
	23,872	*,e	Weibo Corp (ADR)		935,066
	853,800		Weichai Power Co Ltd		1,315,524
	45,500		Weichai Power Co Ltd (Class A)		79,830
	10,200		Weifu High-Technology Group Co Ltd		26,825
	66,400		Wens Foodstuffs Group Co Ltd		389,141
	140,000		Western Securities Co Ltd		194,849
	996,000		Winteam Pharmaceutical Group Ltd		454,776

285

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	51,300		Wuliangye Yibin Co Ltd	$	891,164
	71,260	e,g	WuXi AppTec Co Ltd		660,881
	234,767	*,g	Wuxi Biologics Cayman, Inc		2,494,930
	1,509,600	*,e,g	Xiaomi Corp		1,723,929
	24,200		Xinjiang Goldwind Science & Technology Co Ltd		41,759
	332,400		Xinjiang Goldwind Science & Technology Co Ltd (Hong Kong)		371,465
	1,406,475		Xinyi Solar Holdings Ltd		772,144
	802,464		Yanzhou Coal Mining Co Ltd		706,296
	55,500		Yanzhou Coal Mining Co Ltd (Class A)		82,258
	202,000		Yihai International Holding Ltd		1,071,851
	137,400		Yonghui Superstores Co Ltd		192,108
	33,930		Yonyou Network Technology Co Ltd		140,095
	3,236,000		Yuexiul Property Co Ltd		731,524
	157,543		Yum China Holdings, Inc		7,168,206
	15,900		Yunnan Baiyao Group Co Ltd		174,717
	837,893		Yuzhou Properties Co		393,650
	22,004	*	YY, Inc (ADR)		1,412,437
	5,395		Zhangzhou Pientzehuang Pharmaceutical Co Ltd		80,974
	509,500		Zhaojin Mining Industry Co Ltd		592,186
	9,916		Zhejiang Chint Electrics Co Ltd		34,349
	10,200		Zhejiang Dahua Technology Co Ltd		23,620
	652,414		Zhejiang Expressway Co Ltd		631,500
	7,176		Zhejiang Huayou Cobalt Co Ltd		24,109
	34,700		Zhejiang Longsheng Group Co Ltd		75,464
	25,600		Zhengzhou Yutong Bus Co Ltd		47,965
	137,200	*,e,g	ZhongAn Online P&C Insurance Co Ltd		307,102
	80,240		Zhongjin Gold Corp Ltd		108,923
	250,000		Zhongsheng Group Holdings Ltd		694,846
	244,200	*	Zhuzhou CSR Times Electric Co Ltd		1,167,229
	2,485,299		Zijin Mining Group Co Ltd		994,645
	176,800		Zijin Mining Group Co Ltd (Class A)		93,143
	163,900		Zoomlion Heavy Industry Science and Technology Co Ltd		146,259
	37,200	*	ZTE Corp		176,590
	387,864	*	ZTE Corp (Class H)		1,158,411
	141,600		ZTO Express Cayman, Inc (ADR)		2,782,440
			TOTAL CHINA		739,312,303
COLOMBIA - 0.4%
	97,796		BanColombia S.A.		1,171,431
	198,595		BanColombia S.A. (Preference)		2,497,472
	239,488		Cementos Argos S.A.		561,324
	2,586,416		Ecopetrol S.A.		2,317,655
	119,312		Grupo Argos S.A.		611,664
	1,603,675		Grupo Aval Acciones y Valores		618,315
	97,687		Grupo de Inversiones Suramericana S.A.		1,027,209
	58,915		Grupo de Inversiones Suramericana S.A. (Preference)		571,026
	179,851		Interconexion Electrica S.A.		975,744
			TOTAL COLOMBIA		10,351,840
CZECH REPUBLIC - 0.2%
	72,676		CEZ AS		1,629,475
	32,987		Komercni Banka AS		1,272,455
	276,939	g	Moneta Money Bank AS		951,747
			TOTAL CZECH REPUBLIC		3,853,677

286

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
EGYPT - 0.1%
	631,728		Commercial International Bank	$	2,761,663
	374,507		Eastern Tobacco		355,499
	371,381		ElSwedy Cables Holding Co		271,523
			TOTAL EGYPT		3,388,685
GREECE - 0.3%
	615,924	*	Alpha Bank AE		1,195,530
	1,082,587	*	Eurobank Ergasias S.A.		1,055,812
	12,741	*,†	Hellenic Duty Free Shops S.A.		141
	109,533		Hellenic Telecommunications Organization S.A.		1,508,388
	55,369		JUMBO S.A.		1,085,163
	27,197		Motor Oil Hellas Corinth Refineries S.A.		674,399
	223,991	*	National Bank of Greece S.A.		653,230
	111,427		OPAP S.A.		1,254,136
			TOTAL GREECE		7,426,799
HONG KONG - 0.6%
	6,051,652	*	Alibaba Pictures Group Ltd		1,222,877
	416,000	†	China Ding Yi Feng Holdings Ltd		920,677
	1,568,000	*	China First Capital Group Ltd		479,095
	778,668		China Gas Holdings Ltd		3,226,399
	1,113,226		China Resources Cement Holdings Ltd		1,017,375
	3,430,000	*	Fullshare Holdings Ltd		122,175
	553,000		Haier Electronics Group Co Ltd		1,299,707
	1		Henderson Land Development Co Ltd		3
	491,651		Kingboard Laminates Holdings Ltd		405,431
	693,000		Lee & Man Paper Manufacturing Ltd		423,007
	721,000		Nine Dragons Paper Holdings Ltd		583,593
	3,165,221		Sino Biopharmaceutical		3,860,827
	654,000		SSY Group Ltd		579,889
	1,094,000		Sun Art Retail Group Ltd		1,106,440
	466,000		Towngas China Co Ltd		354,817
			TOTAL HONG KONG		15,602,312
HUNGARY - 0.3%
	205,025		MOL Hungarian Oil & Gas plc		2,080,735
	93,611		OTP Bank		3,898,519
	71,464		Richter Gedeon Rt		1,257,688
			TOTAL HUNGARY		7,236,942
INDIA - 8.3%
	266,943		Ambuja Cements Ltd		779,315
	563,494		Ashok Leyland Ltd		568,940
	120,758		Asian Paints Ltd		2,660,128
	113,386		Aurobindo Pharma Ltd		939,606
	52,302	*,g	Avenue Supermarts Ltd		1,123,581
	837,474		Axis Bank Ltd		8,173,303
	77,603	*	Bajaj Finance Ltd		3,649,715
	15,719		Bajaj Finserv Ltd		1,616,547

287

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	38,169		Bajaj Holdings and Investment Ltd	$	1,391,790
	98,254		Bharat Forge Ltd		601,144
	285,600		Bharat Petroleum Corp Ltd		1,427,525
	777,849		Bharti Airtel Ltd		3,804,315
	146,400		Bharti Infratel Ltd		521,416
	3,399	*	Bosch Ltd		711,164
	25,852		Britannia Industries Ltd		976,436
	155,398	*	Cipla Ltd		1,174,386
	578,793		Coal India Ltd		1,716,085
	90,433	*	Container Corp Of India Ltd		670,920
	234,013		Dabur India Ltd		1,446,373
	38,254		Divi S Laboratories Ltd		906,078
	49,786		Dr Reddy’s Laboratories Ltd		1,853,090
	5,560		Eicher Motors Ltd		1,314,414
	710,344	*	GAIL India Ltd		1,326,156
	70,923		Glenmark Pharmaceuticals Ltd		437,996
	158,842		Godrej Consumer Products Ltd		1,379,415
	126,160	*	Grasim Industries Ltd		1,439,623
	116,808		Havells India Ltd		1,092,179
	240,479		HCL Technologies Ltd		3,606,246
	22,378		Hero Honda Motors Ltd		762,989
	490,417		Hindalco Industries Ltd		1,350,715
	282,811		Hindustan Lever Ltd		7,085,961
	261,658		Hindustan Petroleum Corp Ltd		1,006,576
	693,505		Housing Development Finance Corp		21,321,245
	1,069,791		ICICI Bank Ltd		6,582,720
	56,153	g	ICICI Lombard General Insurance Co Ltd		983,701
	3,362,131	*	Idea Cellular Ltd		334,300
	141,626		Indiabulls Housing Finance Ltd		1,094,524
	866,121		Indian Oil Corp Ltd		1,747,045
	1,546,406		Infosys Technologies Ltd		17,649,070
	40,239	g	InterGlobe Aviation Ltd		908,557
	1,485,985		ITC Ltd		5,817,834
	337,306		JSW Steel Ltd		1,158,998
	207,858		Larsen & Toubro Ltd		4,175,017
	131,693		LIC Housing Finance Ltd		987,730
	100,581	*	Lupin Ltd		1,118,330
	136,862		Mahindra & Mahindra Financial Services Ltd		603,348
	324,751		Mahindra & Mahindra Ltd		2,583,248
	212,692		Marico Ltd		1,131,762
	47,976		Maruti Suzuki India Ltd		3,800,722
	414,776		Motherson Sumi Systems Ltd		640,017
	262,727	*	Mundra Port and Special Economic Zone Ltd		1,436,267
	10,302		Nestle India Ltd		1,742,883
	1,122,289		NTPC Ltd		2,064,777
	2,526		Page Industries Ltd		663,906
	269,413		Petronet LNG Ltd		923,395
	55,497		Pidilite Industries Ltd		998,051
	35,657		Piramal Healthcare Ltd		933,482
	810,705		Power Grid Corp of India Ltd		2,478,310
	1,272,191	*	Reliance Industries Ltd		21,446,193
	288,791		Rural Electrification Corp Ltd		586,424
	864,135		Sesa Sterlite Ltd		1,921,598

288

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	3,466		Shree Cement Ltd	$	1,013,188
	62,793		Shriram Transport Finance Co Ltd		881,187
	781,524	*	State Bank of India		3,755,946
	364,574		Sun Pharmaceutical Industries Ltd		2,254,766
	400,311		Tata Consultancy Services Ltd		12,813,167
	714,818	*	Tata Motors Ltd		1,398,344
	495,756		Tata Power Co Ltd		434,744
	155,310		Tata Steel Ltd		970,287
	202,834	*	Tech Mahindra Ltd		1,868,836
	130,399		Titan Industries Ltd		1,995,536
	41,490		Ultra Tech Cement Ltd		2,612,622
	229,509	*	United Phosphorus Ltd		1,978,985
	130,924	*	United Spirits Ltd		1,126,618
	517,074		Wipro Ltd		1,986,883
	748,006		Yes Bank Ltd		991,759
	227,974	*	ZEE Telefilms Ltd		1,193,503
			TOTAL INDIA		202,623,952
INDONESIA - 2.1%
	7,213,054		Adaro Energy Tbk		648,659
	23,685,882		Bank Rakyat Indonesia		7,505,534
	1,045,160		Indofood CBP Sukses Makmur Tbk		794,914
	667,100		Pabrik Kertas Tjiwi Kimia Tbk PT		566,871
	9,153,972		PT Astra International Tbk		4,536,980
	4,363,675		PT Bank Central Asia Tbk		9,579,910
	8,211,039		PT Bank Mandiri Persero Tbk		4,619,481
	3,363,059		PT Bank Negara Indonesia		2,016,131
	1,708,200		PT Bank Tabungan Negara Tbk		296,831
	2,053,600		PT Barito Pacific Tbk		566,294
	3,227,400	*	PT Bumi Serpong Damai		323,958
	3,215,000		PT Charoen Pokphand Indonesia Tbk		1,230,241
	240,100		PT Gudang Garam Tbk		1,289,794
	4,259,009		PT Hanjaya Mandala Sampoerna Tbk		916,056
	1,241,205		PT Indah Kiat Pulp and Paper Corp Tbk		655,020
	908,717		PT Indocement Tunggal Prakarsa Tbk		1,443,643
	2,046,900		PT Indofood Sukses Makmur Tbk		1,027,703
	972,082		PT Jasa Marga Tbk		412,841
	9,861,300		PT Kalbe Farma Tbk		1,030,417
	8,991,000		PT Pakuwon Jati Tbk		469,728
	4,720,400		PT Perusahaan Gas Negara Persero Tbk		685,796
	1,267,800		PT Semen Gresik Persero Tbk		1,152,479
	2,670,800		PT Surya Citra Media Tbk		293,684
	1,299,000		PT Tambang Batubara Bukit Asam Tbk		252,454
	21,910,683		PT Telekomunikasi Indonesia Persero Tbk		6,686,737
	699,669		PT Unilever Indonesia Tbk		2,168,032
	740,300		PT United Tractors Tbk		1,311,265
			TOTAL INDONESIA		52,481,453
KOREA, REPUBLIC OF - 11.5%
	15,365		Amorepacific Corp		1,805,393
	4,703		Amorepacific Corp (Preference)		308,187
	4,532		BGF retail Co Ltd		783,361
	138,454		BS Financial Group, Inc		816,715

289

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	10,438	*	Celltrion Healthcare Co Ltd	$	403,761
	28,740	*,e	Celltrion, Inc		4,101,941
	27,723		Cheil Communications, Inc		632,678
	37,996		Cheil Industries, Inc		2,928,761
	3,636		CJ CheilJedang Corp		873,570
	6,595		CJ Corp		517,342
	989	*,†	CJ Corp (Preference)		30,651
	4,741		CJ O Shopping Co Ltd		660,559
	12,270		Daelim Industrial Co		1,090,094
	77,101	*	Daewoo Engineering & Construction Co Ltd		265,764
	26,134		Daewoo International Corp		411,419
	160,948		Daewoo Securities Co Ltd		1,016,130
	16,379	*	Daewoo Shipbuilding & Marine Engineering Co Ltd		403,101
	23,333		Dongbu Insurance Co Ltd		1,106,400
	27,737		Doosan Bobcat, Inc		837,966
	9,476		E-Mart Co Ltd		971,369
	22,913		Fila Korea Ltd		1,296,534
	8,455		GLOVIS Co Ltd		1,095,595
	27,195		GS Engineering & Construction Corp		774,553
	25,877		GS Holdings Corp		1,096,322
	17,879		GS Retail Co Ltd		562,393
	135,603		Hana Financial Group, Inc		3,969,113
	32,104		Hankook Tire Co Ltd		838,487
	2,843		Hanmi Pharm Co Ltd		692,329
	6,104		Hanmi Science Co Ltd		241,053
	78,654		Hanon Systems		773,540
	48,671		Hanwha Chemical Corp		761,624
	17,523		Hanwha Corp		350,771
	11,931		HDC Hyundai Development Co-Engineering & Construction		373,782
	14,814	*,e	HLB, Inc		336,377
	7,507		Honam Petrochemical Corp		1,467,098
	14,060		Hotel Shilla Co Ltd		926,572
	242,299		Hynix Semiconductor, Inc		15,510,560
	6,199		Hyundai Department Store Co Ltd		386,680
	38,126		Hyundai Engineering & Construction Co Ltd		1,375,312
	18,758	*	Hyundai Heavy Industries		1,703,019
	33,069		Hyundai Marine & Fire Insurance Co Ltd		779,788
	30,473		Hyundai Mobis		6,166,266
	66,236		Hyundai Motor Co		7,046,021
	16,207		Hyundai Motor Co Ltd (2nd Preference)		1,122,705
	12,957		Hyundai Motor Co Ltd (Preference)		801,935
	4,503		Hyundai Robotics Co Ltd		1,234,563
	35,255		Hyundai Steel Co		1,148,975
	123,576		Industrial Bank of Korea		1,368,796
	13,836	g	ING Life Insurance Korea Ltd		330,521
	21,933		Kakao Corp		2,336,450
	56,718		Kangwon Land, Inc		1,474,160
	177,099		KB Financial Group, Inc		6,471,517
	2,605		KCC Corp		534,077
	114,071		Kia Motors Corp		4,201,799
	31,740		Korea Aerospace Industries Ltd		985,164
	113,835	*	Korea Electric Power Corp		2,679,947
	3,902	*	Korea Express Co Ltd		450,487

290

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	12,065		Korea Gas Corp	$	434,310
	18,312		Korea Investment Holdings Co Ltd		1,142,433
	7,749		Korea Kumho Petrochemical		531,395
	196,655		Korea Life Insurance Co Ltd		434,643
	3,726		Korea Zinc Co Ltd		1,388,218
	19,228		Korean Air Lines Co Ltd		412,930
	52,823		KT&G Corp		4,289,400
	20,568		LG Chem Ltd		5,817,199
	3,496		LG Chem Ltd (Preference)		527,178
	41,874		LG Corp		2,502,317
	46,770		LG Electronics, Inc		2,561,086
	4,218		LG Household & Health Care Ltd		4,466,124
	792		LG Household & Health Care Ltd (Preference)		535,362
	6,086		LG Innotek Co Ltd		574,689
	48,284		LG Telecom Ltd		528,754
	102,217	*	LG.Philips LCD Co Ltd		1,241,966
	12,552		Lotte Corp		359,067
	4,896		Lotte Shopping Co Ltd		559,918
	1,919		Medy-Tox, Inc		672,934
	109,082		Meritz Securities Co Ltd		463,723
	62,681		Naver Corp		7,272,057
	7,465		NCsoft		3,038,118
	10,975	*,e,g	Netmarble Corp		836,777
	10,268		OCI Co Ltd		648,302
	12,284		Orion Corp/Republic of Korea		835,270
	427		Ottogi Corp		232,513
	12,698		Pacific Corp		612,673
	2,567	*	Pearl Abyss Corp		370,708
	34,412		POSCO		6,486,058
	10,674	e	POSCO Refractories & Environment Co Ltd		435,050
	6,975		S1 Corp (Korea)		616,083
	7,741	*,g	Samsung Biologics Co Ltd		1,819,743
	16,354		Samsung Card Co		501,775
	24,834	e	Samsung Electro-Mechanics Co Ltd		1,903,834
	2,114,856		Samsung Electronics Co Ltd		80,099,548
	366,629		Samsung Electronics Co Ltd (Preference)		11,338,669
	67,891	*	Samsung Engineering Co Ltd		936,637
	13,904		Samsung Fire & Marine Insurance Co Ltd		3,090,822
	193,620	*	Samsung Heavy Industries Co Ltd		1,146,967
	31,402		Samsung Life Insurance Co Ltd		2,015,857
	24,823		Samsung SDI Co Ltd		5,169,446
	15,976		Samsung SDS Co Ltd		2,794,371
	27,434		Samsung Securities Co Ltd		842,797
	199,498		Shinhan Financial Group Co Ltd		7,307,335
	3,314		Shinsegae Co Ltd		704,885
	29,937	*,e	SillaJen, Inc		1,106,514
	15,420		SK C&C Co Ltd		2,867,154
	24,805		SK Energy Co Ltd		3,564,209
	8,924		SK Telecom Co Ltd		1,868,072
	21,209		S-Oil Corp		1,675,554
	158,975	*	STX Pan Ocean Co Ltd		642,385
	6,344	*	ViroMed Co Ltd		1,048,346
	22,251		Woongjin Coway Co Ltd		1,577,938

291

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	214,133	*	Woori Financial Group, Inc	$	2,365,557
	64,107		Woori Investment & Securities Co Ltd		702,799
	3,943		Yuhan Corp		718,151
			TOTAL KOREA, REPUBLIC OF		282,266,667
LUXEMBOURG - 0.1%
	63,835		Reinet Investments S.C.A		1,124,475
			TOTAL LUXEMBOURG		1,124,475
MALAYSIA - 2.1%
	624,700		AirAsia BHD		295,677
	449,500		Alliance Financial Group BHD		399,840
	673,733		AMMB Holdings BHD		689,160
	71,099		British American Tobacco Malaysia BHD		388,300
	2,145,220		Bumiputra-Commerce Holdings BHD		2,632,282
	1,847,177		Dialog Group BHD		1,540,910
	1,374,425		Digi.Com BHD		1,661,244
	54,600		Fraser & Neave Holdings BHD		456,142
	930,300		Gamuda BHD		833,659
	930,775		Genting BHD		1,545,716
	90,100		Genting Plantations BHD		211,791
	230,200		HAP Seng Consolidated BHD		551,336
	627,800		Hartalega Holdings BHD		751,635
	272,087		Hong Leong Bank BHD		1,181,632
	79,406		Hong Leong Credit BHD		345,639
	998,912		IHH Healthcare BHD		1,383,050
	1,287,000		IJM Corp BHD		724,277
	835,020		IOI Corp BHD		845,669
	214,300		Kuala Lumpur Kepong BHD		1,225,057
	1,812,350		Malayan Banking BHD		3,791,121
	498,476		Malaysia Airports Holdings BHD		1,009,707
	984,500		Maxis BHD		1,352,921
	527,200		MISC BHD		919,740
	34,100		Nestle Malaysia BHD		1,227,213
	1,045,000		Petronas Chemicals Group BHD		1,893,888
	114,500		Petronas Dagangan BHD		650,087
	306,500		Petronas Gas BHD		1,192,901
	291,140		PPB Group BHD		1,319,367
	564,712		Press Metal BHD		621,035
	1,386,323		Public Bank BHD		7,343,909
	184,100		QL Resources BHD		306,231
	1,336,200		Resorts World BHD		1,248,229
	728,870		RHB Capital BHD		971,473
	1,434,665		Sime Darby BHD		758,731
	977,065		Sime Darby Plantation BHD		1,089,136
	1,068,165		Sime Darby Property BHD		252,191
	743,579		SP Setia BHD		351,954
	573,565		Telekom Malaysia BHD		567,253
	1,404,263		Tenaga Nasional BHD		4,687,744
	1,224,812		TM International BHD		1,487,260
	583,200		Top Glove Corp BHD		639,953
	452,000		Westports Holdings BHD		438,144
	1,501,166		YTL Corp BHD		373,540
			TOTAL MALAYSIA		52,156,744

292

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
MEXICO - 2.4%
	1,294,350		Alfa S.A. de C.V. (Class A)	$	1,121,190
	216,100	*	Alsea SAB de C.V.		440,573
	14,932,741		America Movil S.A. de C.V. (Series L)		10,503,860
	819,925	e	Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santand		1,171,459
	6,693,397		Cemex S.A. de C.V.		2,378,555
	230,160		Coca-Cola Femsa SAB de C.V.		1,414,318
	72,651		El Puerto de Liverpool SAB de C.V.		352,872
	205,425		Embotelladoras Arca SAB de C.V.		1,092,634
	1,489,100		Fibra Uno Administracion S.A. de C.V.		1,913,850
	873,311		Fomento Economico Mexicano S.A. de C.V.		7,915,681
	93,880		Gruma SAB de C.V.		860,382
	156,930		Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares)		1,574,807
	90,896		Grupo Aeroportuario del Sureste S.A. de C.V. (Class B)		1,380,011
	776,520		Grupo Bimbo S.A. de C.V. (Series A)		1,478,989
	198,598		Grupo Carso S.A. de C.V. (Series A1)		640,550
	1,150,228		Grupo Financiero Banorte S.A. de C.V.		5,790,829
	942,544		Grupo Financiero Inbursa S.A.		1,156,800
	1,550,832		Grupo Mexico S.A. de C.V. (Series B)		3,794,587
	1,077,090	e	Grupo Televisa S.A.		2,041,911
	63,509		Industrias Penoles S.A. de C.V.		587,874
	268,200		Infraestructura Energetica ,NV SAB de C.V.		1,035,783
	664,742		Kimberly-Clark de Mexico S.A. de C.V. (Class A)		1,381,602
	146,600		Megacable Holdings SAB de C.V.		624,458
	491,423		Mexichem SAB de C.V.		900,339
	116,520		Promotora y Operadora de Infraestructura SAB de C.V.		1,049,569
	2,334,484		Wal-Mart de Mexico SAB de C.V.		6,887,573
			TOTAL MEXICO		59,491,056
PAKISTAN - 0.0%
	221,358		Habib Bank Ltd		166,823
	84,400		MCB Bank Ltd		92,443
	519,317		Oil & Gas Development Co Ltd		412,107
			TOTAL PAKISTAN		671,373
PERU - 0.4%
	97,622		Cia de Minas Buenaventura S.A. (ADR) (Series B)		1,487,759
	30,510		Credicorp Ltd (NY)		6,650,875
	39,634		Southern Copper Corp (NY)		1,418,501
			TOTAL PERU		9,557,135
PHILIPPINES - 1.1%
	763,524		Aboitiz Equity Ventures, Inc		791,670
	750,800		Aboitiz Power Corp		521,153
	1,882,300		Alliance Global Group, Inc		574,567
	130,893		Ayala Corp		2,456,925
	3,390,293		Ayala Land, Inc		3,305,796
	866,616		Banco de Oro Universal Bank		2,491,902
	399,469		Bank of the Philippine Islands		704,088
	1,716,400		DMCI Holdings, Inc		342,015

293

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	13,091		Globe Telecom, Inc	$	552,581
	40,376		GT Capital Holdings, Inc		733,094
	437,930		International Container Term Services, Inc		1,161,789
	1,234,176		JG Summit Holdings (Series B)		1,576,122
	188,330		Jollibee Foods Corp		957,028
	96,496		Manila Electric Co		690,443
	4,426,900		Megaworld Corp		532,402
	6,294,000		Metro Pacific Investments Corp		591,625
	831,593		Metropolitan Bank & Trust		1,236,112
	39,795		PLDT, Inc		893,079
	1,053,143		Robinsons Land Corp		566,022
	106,663		Security Bank Corp		382,530
	111,615		SM Investments Corp		2,182,743
	4,629,849		SM Prime Holdings		3,310,125
	384,987		Universal Robina		1,206,408
			TOTAL PHILIPPINES		27,760,219
POLAND - 1.0%
	36,257	*	Alior Bank S.A.		436,652
	242,521	*	Bank Millennium S.A.		473,347
	76,120		Bank Pekao S.A.		2,022,149
	14,586		Bank Zachodni WBK S.A.		1,227,541
	5,549	*	BRE Bank S.A.		500,218
	12,581		CCC S.A.		485,718
	29,442		CD Projekt Red S.A.		1,740,484
	103,900		Cyfrowy Polsat S.A.		803,580
	20,071	*,g	Dino Polska S.A.		754,377
	40,664		Grupa Lotos S.A.		913,406
	28,530	*	Jastrzebska Spolka Weglowa S.A.		286,549
	61,735	*	KGHM Polska Miedz S.A.		1,492,627
	624		LPP S.A.		1,262,988
	838,668		Polish Oil & Gas Co		1,216,095
	376,763	*	Polska Grupa Energetyczna S.A.		861,585
	132,409		Polski Koncern Naftowy Orlen S.A.		3,317,694
	388,149		Powszechna Kasa Oszczednosci Bank Polski S.A.		4,087,414
	279,074		Powszechny Zaklad Ubezpieczen S.A.		3,001,313
	264,409	*	Telekomunikacja Polska S.A.		459,726
			TOTAL POLAND		25,343,463
QATAR - 1.0%
	826,330	*	Barwa Real Estate Co		810,686
	757,030	*	Commercial Bank of Qatar QSC		999,448
	798,970	*	Industries Qatar QSC		2,464,412
	1,704,560	*	Masraf Al Rayan		1,793,165
	2,166,240	*	Mesaieed Petrochemical Holding Co		1,546,996
	387,650	*	Ooredoo QSC		761,298
	243,030	*	Qatar Electricity & Water Co		1,042,010
	215,730	*	Qatar Fuel QSC		1,247,947
	751,420	*	Qatar Insurance Co SAQ		719,651
	480,440	*	Qatar Islamic Bank SAQ		2,166,452
	1,990,830	*	Qatar National Bank		10,670,853
			TOTAL QATAR		24,222,918

294

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
ROMANIA - 0.1%
	164,298		NEPI Rockcastle plc	$	1,485,283
			TOTAL ROMANIA		1,485,283
RUSSIA - 3.9%
	2,416,643		Gazprom (ADR)		17,665,660
	191,816		LUKOIL PJSC (ADR)		15,623,413
	150,105		Magnit OAO (GDR)		2,176,522
	7,479		Magnit PJSC (GDR)		108,445
	14,773		MMC Norilsk Nickel PJSC (ADR)		336,972
	272,296		MMC Norilsk Nickel PJSC (ADR)		6,295,484
	230,749		Mobile TeleSystems (ADR)		1,885,219
	38,648		NovaTek OAO (GDR)		8,063,941
	3,166		Novatek PJSC (GDR)		664,227
	54,442		Novolipetsk Steel PJSC (GDR)		1,285,920
	54,326		PhosAgro OAO (GDR)		676,006
	95,641		Polymetal International plc (ADR)		1,151,799
	23,352		Polyus PJSC (GDR)		1,182,601
	597,221	*	Rosneft Oil Co PJSC (GDR)		3,957,186
	47,631	*	Sberbank of Russia (ADR)		710,655
	1,133,188		Sberbank of Russian Federation (ADR)		16,821,115
	95,228		Severstal (GDR) (Equiduct)		1,532,219
	922,817		Surgutneftegaz (ADR) (London)		3,857,375
	107,678		Tatneft PAO (ADR)		7,472,438
	8,926		Tatneft PJSC (ADR)		626,605
	785,086		VTB Bank OJSC (GDR)		1,046,520
	58,933		X5 Retail Group NV (GDR)		1,970,720
			TOTAL RUSSIA		95,111,042
SAUDI ARABIA - 1.4%
	22,921		Advanced Petrochemical Co		358,126
	265,658		Al Rajhi Bank		4,859,257
	159,675		Alinma Bank		1,067,516
	64,589		Almarai Co JSC		871,393
	85,968	*	Bank AlBilad		664,722
	84,436		Bank Al-Jazira		339,403
	115,886		Banque Saudi Fransi		1,245,405
	12,192		Bupa Arabia for Cooperative Insurance Co		325,722
	11,997	*	Co for Cooperative Insurance		236,978
	125,632	*	Dar Al Arkan Real Estate Development Co		383,069
	143,353	*	Emaar Economic City		395,032
	83,158	*	Etihad Etisalat Co		539,744
	11,059		Jarir Marketing Co		491,832
	265,024		National Commercial Bank		3,879,382
	106,604	*	National Industrialization Co		437,199
	49,948	*	Rabigh Refining & Petrochemical Co		257,344
	269,477		Riyad Bank		1,866,721
	82,426		Sahara International Petrochemical Co		438,486
	208,737		Samba Financial Group		1,810,982
	12,665		Saudi Airlines Catering Co		304,670
	36,751		Saudi Arabian Fertilizer Co		861,317
	91,669	*	Saudi Arabian Mining Co		1,151,531
	166,980		Saudi Basic Industries Corp		4,769,260

295

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	78,692		Saudi British Bank	$	828,388
	15,533		Saudi Cement Co		293,773
	193,630		Saudi Electricity Co		1,007,937
	58,394		Saudi Industrial Investment Group		366,343
	155,322	*	Saudi Kayan Petrochemical Co		465,637
	90,842		Saudi Telecom Co		2,615,866
	53,556	*	Savola Group		456,944
	56,588		Yanbu National Petrochemical Co		887,817
			TOTAL SAUDI ARABIA		34,477,796
SINGAPORE - 0.0%
	92,600	g	BOC Aviation Ltd		797,783
			TOTAL SINGAPORE		797,783
SOUTH AFRICA - 5.4%
	313,561		Absa Group Ltd		3,474,443
	23,799		Anglo American Platinum Ltd		1,412,804
	188,855		AngloGold Ashanti Ltd		3,245,416
	173,490		Aspen Pharmacare Holdings Ltd		1,088,923
	146,771		Bid Corp Ltd		3,070,031
	135,916		Bidvest Group Ltd		1,740,494
	18,815		Capitec Bank Holdings Ltd		1,547,831
	121,769		Clicks Group Ltd		1,733,948
	177,938		Discovery Holdings Ltd		1,632,633
	126,179		Exxaro Resources Ltd		1,463,157
	1,479,745		FirstRand Ltd		6,331,555
	656,899		Fortress REIT Ltd (Class A)		977,763
	98,797		Foschini Ltd		1,136,421
	372,913		Gold Fields Ltd		1,904,618
	1,366,309		Growthpoint Properties Ltd		2,267,292
	125,256		Investec Ltd		715,624
	33,990	e	Kumba Iron Ore Ltd		1,118,630
	46,416	e	Liberty Holdings Ltd		351,556
	678,817		Life Healthcare Group Holdings Pte Ltd		1,068,710
	347,098		Momentum Metropolitan Holdings		409,924
	121,611		Mr Price Group Ltd		1,492,804
	742,177	e	MTN Group Ltd		5,812,202
	196,073	*	MultiChoice Group Ltd		1,837,328
	194,231		Naspers Ltd (N Shares)		47,345,772
	157,363	e	Nedbank Group Ltd		2,629,514
	521,794		Network Healthcare Holdings Ltd		608,420
	161,976		Pick’n Pay Stores Ltd		751,625
	60,176		PSG Group Ltd		959,837
	287,912		Rand Merchant Investment Holdings Ltd		617,607
	2,473,760		Redefine Properties Ltd		1,517,671
	239,223		Remgro Ltd		2,968,867
	325,591		RMB Holdings Ltd		1,712,008
	792,702		Sanlam Ltd		4,102,835
	240,358		Sappi Ltd		874,379
	252,294		Sasol Ltd		5,455,495
	216,123		Shoprite Holdings Ltd		2,321,886
	77,172		Spar Group Ltd		986,422
	577,104	e	Standard Bank Group Ltd		7,175,764

296

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	116,042		Telkom S.A. Ltd	$	692,888
	71,101		Tiger Brands Ltd		1,104,801
	194,519		Truworths International Ltd		842,254
	284,549		Vodacom Group Pty Ltd		2,325,930
	447,364	e	Woolworths Holdings Ltd		1,708,705
			TOTAL SOUTH AFRICA		132,536,787
TAIWAN - 10.9%
	1,366,380		Acer, Inc		825,259
	144,030		Advantech Co Ltd		1,211,450
	54,000		Airtac International Group		551,396
	1,611,011		ASE Industrial Holding Co Ltd		3,589,516
	948,512		Asia Cement Corp		1,268,625
	310,500		Asustek Computer, Inc		2,199,893
	4,100,000		AU Optronics Corp		1,082,476
	287,389		Catcher Technology Co Ltd		2,106,028
	3,425,932		Cathay Financial Holding Co Ltd		4,473,059
	530,272		Chailease Holding Co Ltd		2,224,505
	2,502,719		Chang Hwa Commercial Bank		1,749,083
	851,922		Cheng Shin Rubber Industry Co Ltd		1,101,497
	224,079		Chicony Electronics Co Ltd		569,787
	957,000		China Airlines		293,198
	5,914,754		China Development Financial Holding Corp		1,756,362
	1,338,133		China Life Insurance Co Ltd (Taiwan)		1,102,753
	5,144,151		China Steel Corp		3,957,573
	8,301,282		Chinatrust Financial Holding Co		5,396,041
	1,678,763		Chunghwa Telecom Co Ltd		5,807,595
	1,827,000		Compal Electronics, Inc		1,116,236
	864,768		Delta Electronics, Inc		4,174,358
	4,589,848		E.Sun Financial Holding Co Ltd		3,822,990
	92,316	*	Eclat Textile Co Ltd		1,208,076
	834,651		Eva Airways Corp		390,717
	853,587		Evergreen Marine Corp Tawain Ltd		392,755
	1,481,071		Far Eastern Textile Co Ltd		1,401,218
	708,000		Far EasTone Telecommunications Co Ltd		1,625,140
	134,928		Feng TAY Enterprise Co Ltd		897,279
	4,376,349		First Financial Holding Co Ltd		3,285,912
	1,575,173		Formosa Chemicals & Fibre Corp		4,791,442
	570,064		Formosa Petrochemical Corp		1,932,380
	1,989,453		Formosa Plastics Corp		6,399,695
	336,000		Formosa Taffeta Co Ltd		380,183
	378,512		Foxconn Technology Co Ltd		777,693
	2,989,646	*	Fubon Financial Holding Co Ltd		4,133,061
	4,412,124		Fuhwa Financial Holdings Co Ltd		2,471,969
	138,000		Giant Manufacturing Co Ltd		1,053,353
	111,509		Globalwafers Co Ltd		1,183,151
	400,420		Highwealth Construction Corp		626,049
	102,714		Hiwin Technologies Corp		910,923
	5,524,002		Hon Hai Precision Industry Co, Ltd		13,847,403
	137,608		Hotai Motor Co Ltd		1,980,517
	3,393,747		Hua Nan Financial Holdings Co Ltd		2,388,288
	4,190,487		InnoLux Display Corp		968,866
	1,171,060		Inventec Co Ltd		870,919

297

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	45,125		Largan Precision Co Ltd	$	6,099,927
	922,778		Lite-On Technology Corp		1,306,274
	671,170		MediaTek, Inc		6,713,192
	4,814,125		Mega Financial Holding Co Ltd		4,950,332
	291,000		Micro-Star International Co Ltd		814,360
	2,244,860		Nan Ya Plastics Corp		5,126,011
	536,000		Nanya Technology Corp		1,254,159
	73,000		Nien Made Enterprise Co Ltd		560,500
	244,474		Novatek Microelectronics Corp Ltd		1,291,083
	867,000		Pegatron Technology Corp		1,407,255
	59,000		Phison Electronics Corp		577,645
	1,061,512		Pou Chen Corp		1,306,308
	379,000		Powertech Technology, Inc		1,034,805
	250,000		President Chain Store Corp		2,404,255
	1,234,000		Quanta Computer, Inc		2,267,929
	198,085		Realtek Semiconductor Corp		1,315,546
	201,048		Ruentex Development Co Ltd		266,642
	204,975		Ruentex Industries Ltd		435,969
	1,396,000		Shanghai Commercial & Savings Bank Ltd		2,299,803
	4,596,466		Shin Kong Financial Holding Co Ltd		1,328,611
	4,755,717		SinoPac Financial Holdings Co Ltd		1,886,329
	171,777		Standard Foods Corp		331,090
	581,050		Synnex Technology International Corp		713,320
	114,236	*	TaiMed Biologics, Inc		609,166
	3,928,598		Taishin Financial Holdings Co Ltd		1,838,492
	1,388,527		Taiwan Business Bank		595,725
	2,137,005		Taiwan Cement Corp		3,056,363
	3,863,050		Taiwan Cooperative Financial Holding		2,599,278
	820,000		Taiwan High Speed Rail Corp		1,092,945
	718,859		Taiwan Mobile Co Ltd		2,531,397
	10,905,848		Taiwan Semiconductor Manufacturing Co Ltd		89,679,344
	832,000	*	Tatung Co Ltd		535,129
	2,109,908		Uni-President Enterprises Corp		5,461,425
	5,091,452	*	United Microelectronics Corp		2,260,587
	357,000		Vanguard International Semiconductor Corp		720,679
	133,000		Walsin Technology Corp		740,037
	141,878		Win Semiconductors Corp		1,199,076
	1,409,000		Winbond Electronics Corp		858,991
	1,151,560		Wistron Corp		855,505
	630,660		WPG Holdings Co Ltd		833,041
	113,009		Yageo Corp		948,938
	178,127		Zhen Ding Technology Holding Ltd		648,014
			TOTAL TAIWAN		267,052,146
THAILAND - 2.9%
	536,100		Advanced Info Service PCL (Foreign)		3,700,399
	1,808,000		Airports of Thailand PCL (Foreign)		4,186,160
	218,548		Bangkok Bank PCL (Foreign)		1,279,156
	3,977,300		Bangkok Dusit Medical Services PCL (Foreign)		3,233,052
	2,894,400		Bangkok Expressway & Metro PCL		984,594
	2,166,600		Banpu PCL (Foreign)		1,000,438
	426,100		Berli Jucker PCL		713,119
	2,674,600		BTS Group Holdings PCL		1,078,363

298

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	161,600		Bumrungrad Hospital PCL (Foreign)	$	892,211
	901,700		Central Pattana PCL (Foreign)		2,138,342
	1,525,280		Charoen Pokphand Foods PCL		1,371,094
	2,634,855		CP Seven Eleven PCL (Foreign)		7,316,181
	113,300		Electricity Generating PCL		1,208,756
	697,100		Energy Absolute PCL (Foreign)		1,175,505
	194,000		Gulf Energy Development PCL		794,271
	2,368,326		Home Product Center PCL (Foreign)		1,316,806
	742,978		Indorama Ventures PCL (Foreign)		984,215
	879,400		Intouch Holdings PCL (Class F)		1,816,926
	5,620,300		IRPC PCL (Foreign)		871,971
	901,349		Kasikornbank PCL (Foreign)		5,054,949
	1,757,260		Krung Thai Bank PCL (Foreign)		1,117,012
	3,191,900		Land and Houses PCL Co Reg		1,166,667
	1,116,870		Minor International PCL (Foreign)		1,453,088
	211,600		Muangthai Capital PCL		413,579
	718,598		PTT Exploration & Production PCL (Foreign)		3,141,760
	1,059,929		PTT Global Chemical PCL (Foreign)		2,069,996
	5,451,900		PTT PCL (Foreign)		8,330,194
	305,200		Ratch Group PCL		668,472
	203,000		Robinson PCL		416,624
	334,758		Siam Cement PCL (Foreign)		4,702,177
	364,700		Siam Commercial Bank PCL (Foreign)		1,620,979
	535,800		Thai Oil PCL (Foreign)		1,194,945
	1,393,400		Thai Union Group PCL		853,673
	4,334,800		TMB Bank PCL (Foreign)		265,793
	300,700		Total Access Communication PCL (Foreign)		570,000
	4,393,148		True Corp PCL (Foreign)		914,917
			TOTAL THAILAND		70,016,384
TURKEY - 0.6%
	1,294,394	*	Akbank TAS		1,731,516
	90,802		Anadolu Efes Biracilik Ve Malt Sanayii AS		348,826
	70,521	*	Arcelik AS		220,116
	143,019		Aselsan Elektronik Sanayi Ve Ticaret AS		483,971
	189,664		BIM Birlesik Magazalar AS		1,592,484
	618,256		Eregli Demir ve Celik Fabrikalari TAS		821,216
	23,073		Ford Otomotiv Sanayi AS		252,180
	481,317		Haci Omer Sabanci Holding AS		849,142
	305,218		KOC Holding AS		1,021,977
	112,151		TAV Havalimanlari Holding AS		504,037
	54,813		Tupras Turkiye Petrol Rafine		1,374,491
	296,695	*	Turk Hava Yollari		661,452
	306,502		Turk Sise ve Cam Fabrikalari AS		270,500
	483,253		Turkcell Iletisim Hizmet AS		1,126,151
	1,044,070	*	Turkiye Garanti Bankasi AS		1,836,345
	671,173	*	Turkiye Is Bankasi (Series C)		747,287
			TOTAL TURKEY		13,841,691
UNITED ARAB EMIRATES - 0.8%
	1,292,456		Abu Dhabi Commercial Bank PJSC		3,171,631
	1,740,643	*	Aldar Properties PJSC		1,090,816
	71,963		DP World Ltd		1,108,230

299

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	761,612	*	Dubai Islamic Bank PJSC	$	1,102,698
	321,457	*	Emaar Development PJSC		420,074
	1,119,316	*	Emaar Malls Group PJSC		646,026
	1,541,491		Emaar Properties PJSC		2,309,708
	783,710		Emirates Telecommunications Group Co PJSC		3,678,358
	1,214,742	*	National Bank of Abu Dhabi PJSC		5,254,035
			TOTAL UNITED ARAB EMIRATES		18,781,576
UNITED KINGDOM - 0.1%
	2,167,055	e	Old Mutual Ltd		2,900,347
			TOTAL UNITED KINGDOM		2,900,347
UNITED STATES - 2.5%
	142,549		iShares MSCI South Korea Index Fund		7,897,214
	395,000		Nexteer Automotive Group Ltd		410,521
	17,821	*	Titan Cement International S.A.		387,061
	1,277,135		Vanguard Emerging Markets ETF		53,333,158
			TOTAL UNITED STATES		62,027,954
			TOTAL COMMON STOCKS		2,446,019,226
			(Cost $2,085,673,972)
PREFERRED STOCKS - 0.0%
PHILIPPINES - 0.0%
	307,700	*,†	Ayala Land, Inc		605
			TOTAL PHILIPPINES		605
			TOTAL PREFERRED STOCKS		605
			(Cost $725)
RIGHTS / WARRANTS - 0.0%
CHINA - 0.0%
	12,923	†	Legend Holdings Corp		2,146
			TOTAL CHINA		2,146
KOREA, REPUBLIC OF - 0.0%
	424		Helixmith Co Ltd		21,326
			TOTAL KOREA, REPUBLIC OF		21,326
THAILAND - 0.0%
	51,134		Minor International PCL		9,144
			TOTAL THAILAND		9,144
			TOTAL RIGHTS / WARRANTS		32,616
			(Cost $0)

300

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.7%
GOVERNMENT AGENCY DEBT - 0.0%
$	1,230,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19	$	1,230,000
			TOTAL GOVERNMENT AGENCY DEBT						1,230,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.7%
	15,976,388	c	State Street Navigator Securities Lending Government Money Market Portfolio						15,976,388
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						15,976,388
			TOTAL SHORT-TERM INVESTMENTS						17,206,388
			(Cost $17,206,388)
			TOTAL INVESTMENTS - 100.4%						2,463,258,835
			(Cost $2,102,881,085)
			OTHER ASSETS & LIABILITIES, NET - (0.4)%						(9,172,698	)
			NET ASSETS - 100.0%					$	2,454,086,137

	Abbreviation(s):
ADR	American Depositary Receipt
ETF	Exchange Traded Fund
GDR	Global Depositary Receipt
REIT	Real Estate Investment Trust
*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $46,675,256.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $34,317,612 or 1.4% of net assets.

301

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY INDEX FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	653,766,263			26.6	%
INFORMATION TECHNOLOGY		339,776,145			13.9
CONSUMER DISCRETIONARY		325,393,912			13.3
COMMUNICATION SERVICES		284,111,942			11.6
ENERGY		184,427,728			7.5
MATERIALS		166,520,290			6.8
CONSUMER STAPLES		162,947,481			6.6
INDUSTRIALS		129,439,762			5.3
REAL ESTATE		71,667,632			2.9
UTILITIES		66,953,093			2.7
HEALTH CARE		61,048,199			2.5
SHORT-TERM INVESTMENTS		17,206,388			0.7
OTHER ASSETS & LIABILITIES, NET		(9,172,698	)		(0.4	)
NET ASSETS	$	2,454,086,137			100.0	%

302

TIAA-CREF FUNDS - International Equity Index Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.1%
AUSTRALIA - 7.9%
	563,944		AGL Energy Ltd	$	8,082,018
	2,210,031		Alumina Ltd		3,503,710
	2,621,662		AMP Ltd		3,188,978
	1,024,948		APA Group (ASE)		7,719,861
	494,555		Aristocrat Leisure Ltd		10,291,229
	1,776,393		AusNet Services		2,152,198
	2,471,239		Australia & New Zealand Banking Group Ltd		46,965,102
	169,545		Australian Stock Exchange Ltd		10,255,920
	989,098	*	AZ BGP Holdings		2,706
	378,260		Bank of Queensland Ltd		2,409,389
	418,666		Bendigo Bank Ltd		3,277,305
	2,544,813		BHP Billiton Ltd		70,060,370
	1,826,972		BHP Group plc		43,561,452
	485,185		BlueScope Steel Ltd		4,282,310
	1,019,237		Boral Ltd		3,572,029
	1,380,019		Brambles Ltd		12,344,156
	216,671		Caltex Australia Ltd		3,985,240
	514,271		Challenger Financial Services Group Ltd		2,477,453
	89,853		CIMIC Group Ltd		2,242,867
	455,131		Coca-Cola Amatil Ltd		3,294,082
	50,593		Cochlear Ltd		7,601,581
	983,107	*	Coles Group Ltd		9,545,157
	1,529,854		Commonwealth Bank of Australia		85,857,823
	401,546		Computershare Ltd		4,325,562
	332,703		Crown Resorts Ltd		2,690,034
	391,513		CSL Ltd		61,092,605
	941,058		Dexus Property Group		8,416,782
	48,818	e	Domino’s Pizza Enterprises Ltd		1,285,045
	48,285		Flight Centre Travel Group Ltd		1,518,519
	1,221,731		Fortescue Metals Group Ltd		6,878,601
	1,663,516		GPT Group (ASE)		7,061,175
	465,431	e	Harvey Norman Holdings Ltd		1,393,835
	1,380,732		Incitec Pivot Ltd		3,278,184
	1,966,722		Insurance Australia Group Ltd		11,583,480
	500,140		Lend Lease Corp Ltd		4,957,217
	1,411,458		Macquarie Goodman Group		14,274,820
	277,789		Macquarie Group Ltd		24,311,808
	2,416,609		Medibank Pvt Ltd		5,957,376
	3,314,138		Mirvac Group		7,282,154
	2,397,822		National Australia Bank Ltd		46,699,453
	668,106		Newcrest Mining Ltd		16,124,871
	1,137,762		Oil Search Ltd		5,509,458
	315,235		Orica Ltd		4,696,418
	1,527,187		Origin Energy Ltd		8,263,846

303

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,153,054		QBE Insurance Group Ltd	$	9,826,789
	1,722,711		QR National Ltd		6,762,863
	119,533		Ramsay Health Care Ltd		5,939,217
	42,862	e	REA Group Ltd		2,874,930
	321,737		Rio Tinto Ltd		21,533,006
	984,895		Rio Tinto plc		55,618,455
	1,535,604		Santos Ltd		7,566,179
	4,596,855		Scentre Group		12,522,419
	272,125		Seek Ltd		3,874,120
	389,942		Sonic Healthcare Ltd		7,463,058
	4,398,906		South32 Ltd		9,359,820
	2,053,345		Stockland Trust Group		6,409,832
	1,114,134		Suncorp-Metway Ltd		10,268,726
	1,021,697		Sydney Airport		5,831,705
	1,661,129		Tabcorp Holdings Ltd		5,095,827
	3,572,242		Telstra Corp Ltd		9,685,499
	299,121		TPG Telecom Ltd		1,423,440
	2,315,200		Transurban Group (ASE)		24,537,620
	627,261		Treasury Wine Estates Ltd		7,542,158
	2,833,994		Vicinity Centres		5,047,955
	94,498		Washington H Soul Pattinson & Co Ltd		1,462,950
	986,644		Wesfarmers Ltd		26,422,360
	2,977,979		Westpac Banking Corp		58,427,672
	808,002		Woodside Petroleum Ltd		19,053,476
	1,096,351		Woolworths Ltd		26,729,413
	271,051		WorleyParsons Ltd		2,970,057
			TOTAL AUSTRALIA		948,523,725
AUSTRIA - 0.2%
	59,071		Andritz AG.		2,103,990
	259,496		Erste Bank der Oesterreichischen Sparkassen AG.		9,314,014
	57,173		Oest Elektrizitatswirts AG. (Class A)		3,190,617
	131,393		OMV AG.		6,574,512
	136,255		Raiffeisen International Bank Holding AG.		3,195,398
	97,633	e	Voestalpine AG.		2,577,449
			TOTAL AUSTRIA		26,955,980
BELGIUM - 1.0%
	159,070		Ageas		8,539,903
	659,049		Anheuser-Busch InBev S.A.		66,258,536
	51,035		Colruyt S.A.		2,659,240
	68,078		Groupe Bruxelles Lambert S.A.		6,418,031
	213,988		KBC Groep NV		13,758,956
	139,404		Proximus plc		3,974,662
	63,800		Solvay S.A.		6,532,798
	40,710		Telenet Group Holding NV		1,999,466
	109,122		UCB S.A.		8,508,949
	167,276	e	Umicore S.A.		5,236,342
			TOTAL BELGIUM		123,886,883
CHILE - 0.0%
	332,444		Antofagasta plc		3,750,907
			TOTAL CHILE		3,750,907

304

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
CHINA - 0.1%
	32,300	*	BeiGene Ltd (ADR)	$	4,436,082
	1,992,138		Yangzijiang Shipbuilding		2,054,219
			TOTAL CHINA		6,490,301
DENMARK - 1.7%
	3,248		AP Moller - Maersk AS (Class A)		3,476,922
	5,506		AP Moller - Maersk AS (Class B)		6,182,401
	91,797		Carlsberg AS (Class B)		12,538,533
	89,596		Christian Hansen Holding		7,823,240
	102,790		Coloplast AS		12,005,423
	587,371		Danske Bank AS		8,718,093
	154,509		DSV AS		14,746,927
	55,544	*	Genmab AS		10,287,077
	59,125		H Lundbeck AS		2,279,249
	134,638		ISS AS		3,775,860
	1,487,631		Novo Nordisk AS		71,435,027
	186,133		Novozymes AS		8,607,751
	164,637	g	Orsted AS		15,007,485
	96,318		Pandora AS		3,692,087
	108,303		Tryg A.S.		3,305,534
	169,551		Vestas Wind Systems AS		13,913,612
	103,602	*,e	William Demant Holding A.S.		3,052,344
			TOTAL DENMARK		200,847,565
FINLAND - 1.1%
	119,960		Elisa Oyj (Series A)		5,641,165
	388,952		Fortum Oyj		8,922,415
	288,460		Kone Oyj (Class B)		16,434,561
	86,649		Metso Oyj		3,329,514
	370,324		Neste Oil Oyj		12,256,351
	4,875,324		Nokia Oyj (Turquoise)		26,276,310
	111,843		Nokian Renkaat Oyj		3,206,385
	2,611,995		Nordea Bank Abp		16,762,188
	94,422		Orion Oyj (Class B)		3,230,202
	382,872		Sampo Oyj (A Shares)		15,898,209
	509,890		Stora Enso Oyj (R Shares)		5,872,102
	470,239		UPM-Kymmene Oyj		12,675,292
	376,610		Wartsila Oyj (B Shares)		4,731,620
			TOTAL FINLAND		135,236,314
FRANCE - 10.9%
	158,459		Accor S.A.		7,069,192
	25,451		Aeroports de Paris		4,375,275
	371,409		Air Liquide		51,267,929
	503,438		Airbus SE		71,166,431
	139,644	e	Alstom RGPT		6,014,294
	49,981	g	Amundi S.A.		3,438,919
	57,982		Arkema		5,218,702
	85,459		Atos Origin S.A.		6,871,839
	1,682,979		AXA S.A.		42,391,288
	34,804		BioMerieux		2,945,213

305

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	975,607		BNP Paribas	$	45,658,426
	797,780		Bollore		3,430,726
	192,394		Bouygues S.A.		6,887,535
	248,186		Bureau Veritas S.A.		6,184,104
	135,180		Cap Gemini S.A.		17,163,035
	509,112		Carrefour S.A.		9,809,235
	45,877	e	Casino Guichard Perrachon S.A.		1,696,248
	159,719		CNP Assurances		3,301,101
	424,286		Compagnie de Saint-Gobain		16,253,800
	991,028		Credit Agricole S.A.		11,797,162
	529,884		Danone		45,988,015
	2,089		Dassault Aviation S.A.		2,867,530
	112,917		Dassault Systemes S.A.		17,176,539
	207,017		Edenred		10,388,439
	67,742		Eiffage S.A.		6,693,746
	536,183		Electricite de France		6,637,512
	242,909		Essilor International S.A.		32,881,689
	38,059		Eurazeo		2,553,947
	160,995		Eutelsat Communications		3,077,685
	70,561		Faurecia		3,339,127
	38,923		Fonciere Des Regions		3,979,156
	1,578,838		Gaz de France		24,297,512
	38,288		Gecina S.A.		5,874,538
	380,024		Groupe Eurotunnel S.A.		5,487,261
	28,065		Hermes International		19,713,531
	26,522		Icade		2,304,749
	22,430	e	Iliad S.A.		2,318,908
	34,543		Imerys S.A.		1,446,968
	53,863		Ingenico		5,103,418
	34,223		Ipsen		3,928,662
	61,244		JC Decaux S.A.		1,763,262
	65,636		Kering		33,901,731
	178,291		Klepierre		5,499,693
	228,951		Legrand S.A.		16,127,641
	218,854		L’Oreal S.A.		58,557,524
	240,237		LVMH Moet Hennessy Louis Vuitton S.A.		99,232,115
	146,868		Michelin (C.G.D.E.) (Class B)		16,235,869
	808,773		Natixis		3,243,435
	1,709,430		Orange S. A.		25,337,998
	185,793		Pernod-Ricard S.A.		32,603,643
	514,941		Peugeot S.A.		12,154,148
	180,545		Publicis Groupe S.A.		8,909,138
	19,020		Remy Cointreau S.A.		2,819,284
	163,817		Renault S.A.		9,165,201
	283,251		Safran S.A.		40,663,762
	971,209		Sanofi-Aventis		80,932,643
	25,138		Sartorius Stedim Biotech		4,006,103
	472,440		Schneider Electric S.A.		40,760,268
	142,319		SCOR SE		5,848,518
	19,514		SEB S.A.		3,121,306
	22,038		Societe BIC S.A.		1,535,802
	668,806		Societe Generale		16,382,179
	75,843		Sodexho Alliance S.A.		8,702,271

306

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	297,948		Suez Environnement S.A.	$	4,380,123
	49,240		Teleperformance		10,334,850
	90,499		Thales S.A.		10,196,883
	2,057,217		Total S.A.		106,625,929
	74,126	*	Ubisoft Entertainment		6,097,211
	113,135		Unibail-Rodamco-Westfield		15,154,100
	5,367		Unibail-Rodamco-Westfield (Paris)		718,894
	209,813	e	Valeo S.A.		6,538,284
	457,931		Veolia Environnement		11,556,276
	439,315		Vinci S.A.		45,189,575
	784,230		Vivendi Universal S.A.		21,782,019
	24,007		Wendel		3,307,845
	72,492	*,g	Worldline S.A.		5,180,182
			TOTAL FRANCE		1,303,565,091
GERMANY - 8.5%
	155,585		Adidas-Salomon AG.		49,591,644
	367,309		Allianz AG.		85,218,979
	791,490		Aroundtown S.A.		6,314,284
	39,195		Axel Springer AG.		2,705,349
	794,034		BASF SE		52,711,347
	807,137		Bayer AG.		52,277,438
	285,194		Bayerische Motoren Werke AG.		21,098,892
	46,342		Bayerische Motoren Werke AG. (Preference)		2,751,388
	89,389		Beiersdorf AG.		10,359,099
	133,248		Brenntag AG.		6,508,035
	36,275		Carl Zeiss Meditec AG.		3,974,621
	880,217		Commerzbank AG.		5,972,838
	93,609		Continental AG.		12,834,211
	147,932	g	Covestro AG.		6,671,892
	784,763		Daimler AG. (Registered)		40,739,234
	100,206	*,g	Delivery Hero AG.		4,813,425
	428,755		Deutsche Annington Immobilien SE		20,933,665
	1,719,886		Deutsche Bank AG. (Registered)		13,294,828
	166,129		Deutsche Boerse AG.		23,062,436
	201,732		Deutsche Lufthansa AG.		3,197,055
	854,170		Deutsche Post AG.		27,783,181
	2,900,378		Deutsche Telekom AG.		47,511,309
	314,914		Deutsche Wohnen AG.		11,484,319
	45,638		Drillisch AG.		1,379,231
	1,890,404		E.ON AG.		18,826,186
	151,668		Evonik Industries AG.		4,315,963
	34,500		Fraport AG. Frankfurt Airport Services Worldwide		2,881,199
	184,150		Fresenius Medical Care AG.		12,754,376
	359,290		Fresenius SE		17,952,770
	56,680		Fuchs Petrolub AG. (Preference)		2,171,910
	129,519		GEA Group AG.		3,214,667
	51,291		Hannover Rueckversicherung AG.		7,998,130
	132,689		HeidelbergCement AG.		9,582,459
	93,249		Henkel KGaA		8,760,843
	155,571		Henkel KGaA (Preference)		16,041,696
	23,209		Hochtief AG.		2,630,006
	52,623		Hugo Boss AG.		3,307,388

307

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,074,840		Infineon Technologies AG.	$	19,908,365
	119,769	g	Innogy SE		5,768,744
	55,892		KION Group AG.		2,979,148
	39,717		Knorr-Bremse AG.		4,031,750
	76,674		Lanxess AG.		4,563,830
	111,051		Merck KGaA		11,326,518
	153,201		Metro Wholesale & Food Specialist AG.		2,356,510
	44,768		MTU Aero Engines Holding AG.		11,156,044
	129,206		Muenchener Rueckver AG.		30,790,777
	133,130		Porsche AG.		8,726,154
	73,738		Puma AG. Rudolf Dassler Sport		5,162,971
	478,914		RWE AG.		12,939,707
	849,392		SAP AG.		103,826,286
	31,137		Sartorius AG.		6,298,405
	661,678		Siemens AG.		72,012,607
	133,394	g	Siemens Healthineers AG.		5,538,118
	111,720		Symrise AG.		10,294,191
	706,978		Telefonica Deutschland Holding AG.		1,785,168
	342,920	e	ThyssenKrupp AG.		4,388,519
	364,675		TUI AG. (DI)		3,621,028
	176,031		Uniper SE		5,423,384
	101,361		United Internet AG.		3,006,559
	29,335		Volkswagen AG.		5,001,456
	160,825		Volkswagen AG. (Preference)		26,872,353
	101,662		Wirecard AG.		17,061,046
	111,173	*,g	Zalando SE		5,085,784
			TOTAL GERMANY		1,013,551,715
HONG KONG - 3.6%
	10,434,538		AIA Group Ltd		106,805,448
	256,912		ASM Pacific Technology		3,004,624
	1,150,221		Bank of East Asia Ltd		3,316,869
	3,174,044		BOC Hong Kong Holdings Ltd		12,094,363
	2,227,803		CK Asset Holdings Ltd		16,751,146
	2,300,599		CK Hutchison Holdings Ltd		21,499,048
	558,369		CK Infrastructure Holdings Ltd		4,329,054
	1,430,959		CLP Holdings Ltd		15,558,303
	268,815		Dairy Farm International Holdings Ltd		2,012,905
	1,672,971		Hang Lung Properties Ltd		3,938,286
	661,168		Hang Seng Bank Ltd		15,714,502
	1,285,108		Henderson Land Development Co Ltd		6,646,768
	2,502,627		HK Electric Investments & HK Electric Investments Ltd		2,536,991
	3,555,931		HKT Trust and HKT Ltd		5,687,200
	8,793,995		Hong Kong & China Gas Ltd		19,418,027
	1,241,485		Hong Kong Electric Holdings Ltd		8,873,225
	1,025,631		Hong Kong Exchanges and Clearing Ltd		34,467,704
	998,255		Hongkong Land Holdings Ltd		6,087,852
	530,727		Hysan Development Co Ltd		2,528,399
	195,361		Jardine Matheson Holdings Ltd		11,857,584
	194,150		Jardine Strategic Holdings Ltd		6,655,709
	563,448		Kerry Properties Ltd		2,115,751
	1,827,607		Link REIT		21,257,216
	175,445		Melco Crown Entertainment Ltd (ADR)		3,942,249

308

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,375,897		MTR Corp	$	9,029,292
	5,146,049		New World Development Co Ltd		7,245,584
	1,250,078		NWS Holdings Ltd		2,321,026
	4,569,780		PCCW Ltd		2,606,161
	1,087,834		Shangri-La Asia Ltd		1,323,535
	2,638,781		Sino Land Co		4,273,182
	1,683,375		SJM Holdings Ltd		1,827,434
	1,366,019		Sun Hung Kai Properties Ltd		22,013,864
	443,446		Swire Pacific Ltd (Class A)		5,054,431
	1,056,054		Swire Properties Ltd		3,813,302
	1,178,431		Techtronic Industries Co		8,763,575
	662,000		Vitasoy International Holdings Ltd		3,116,445
	8,209,186	g	WH Group Ltd		7,990,574
	1,037,048		Wharf Holdings Ltd		2,521,563
	1,059,914		Wharf Real Estate Investment Co Ltd		6,686,262
	691,194		Wheelock & Co Ltd		4,349,563
	609,957		Yue Yuen Industrial Holdings		1,709,059
			TOTAL HONG KONG		431,744,075
IRELAND - 0.6%
	118,673	*	AerCap Holdings NV		6,471,239
	714,627		AIB Group plc		2,452,386
	861,336		Bank of Ireland Group plc		3,800,801
	696,704		CRH plc		23,186,578
	67,097	*,†	Irish Bank Resolution Corp Ltd		0
	395,076		James Hardie Industries NV		5,343,363
	136,542		Kerry Group plc (Class A)		15,931,426
	128,581		Kingspan Group plc		6,305,628
	69,207		Paddy Power plc		5,483,900
	198,257		Smurfit Kappa Group plc		6,237,500
			TOTAL IRELAND		75,212,821
ISRAEL - 0.6%
	36,426		Azrieli Group		2,554,760
	987,410	*	Bank Hapoalim Ltd		7,467,336
	1,296,960		Bank Leumi Le-Israel		9,434,752
	107,921	*	Check Point Software Technologies		12,081,756
	33,297	*	CyberArk Software Ltd		4,624,287
	22,656		Elbit Systems Ltd		3,624,650
	644,403		Israel Chemicals Ltd		3,468,160
	955,208		Israel Discount Bank Ltd		4,122,704
	118,986	*	Mizrahi Tefahot Bank Ltd		2,855,006
	56,000	*	Nice Systems Ltd		8,539,951
	941,570	*	Teva Pharmaceutical Industries Ltd (ADR)		7,466,650
	40,395	*	Wix.com Ltd		5,999,465
			TOTAL ISRAEL		72,239,477
ITALY - 2.0%
	957,927		Assicurazioni Generali S.p.A.		17,865,638
	420,564		Autostrade S.p.A.		10,814,953
	12,869,008		Banca Intesa S.p.A.		27,911,670
	483,772		Davide Campari-Milano S.p.A		4,499,264
	7,065,165		Enel S.p.A.		48,330,137

309

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	2,189,179		ENI S.p.A.	$	34,197,819
	105,513		Ferrari NV		16,990,317
	517,842		FinecoBank Banca Fineco S.p.A		5,151,480
	342,721		Finmeccanica S.p.A.		4,172,746
	544,770		Mediobanca S.p.A.		5,456,436
	155,332		Moncler S.p.A		6,377,966
	320,062	g	Pirelli & C S.p.A		1,885,222
	458,393	g	Poste Italiane S.p.A		4,892,074
	202,791		Prysmian S.p.A.		4,174,781
	88,137		Recordati S.p.A.		3,947,198
	1,875,906		Snam Rete Gas S.p.A.		9,210,264
	5,160,486		Telecom Italia RSP		2,742,854
	7,732,977	*	Telecom Italia S.p.A.		4,347,686
	1,214,647		Terna Rete Elettrica Nazionale S.p.A.		7,397,043
	1,749,041		UniCredit S.p.A.		20,594,110
			TOTAL ITALY		240,959,658
JAPAN - 23.9%
	32,683		ABC-Mart, Inc		2,065,637
	341,074		Acom Co Ltd		1,204,831
	177,200		Advantest Corp		6,823,769
	557,845		Aeon Co Ltd		9,653,076
	100,873		AEON Financial Service Co Ltd		1,627,317
	78,514		Aeon Mall Co Ltd		1,205,327
	128,173		Air Water, Inc		2,094,724
	147,221		Aisin Seiki Co Ltd		4,784,407
	380,488		Ajinomoto Co, Inc		6,817,755
	167,261		Alfresa Holdings Corp		4,032,656
	92,380		All Nippon Airways Co Ltd		3,100,692
	180,180		Alps Electric Co Ltd		3,280,054
	307,096		Amada Co Ltd		3,376,401
	94,388		Aozora Bank Ltd		2,163,138
	308,721		Asahi Breweries Ltd		13,372,223
	148,173		Asahi Glass Co Ltd		4,538,531
	164,200		Asahi Intecc Co Ltd		4,290,759
	1,074,365		Asahi Kasei Corp		10,929,392
	821,999		Ashikaga Holdings Co Ltd		2,028,259
	1,632,161		Astellas Pharma, Inc		23,130,810
	46,899		Bank of Kyoto Ltd		1,820,144
	62,434		Benesse Holdings Inc		1,461,255
	1,655		BLife Investment Corp		4,050,683
	496,112		Bridgestone Corp		18,624,290
	203,561		Brother Industries Ltd		3,604,140
	70,289		Calbee, Inc		1,982,955
	858,777		Canon, Inc		23,291,103
	167,243		Casio Computer Co Ltd		1,907,957
	123,571		Central Japan Railway Co		24,839,326
	39,016		Century Leasing System, Inc		1,612,727
	501,443		Chiba Bank Ltd		2,480,073
	551,372		Chubu Electric Power Co, Inc		7,783,366
	191,748		Chugai Pharmaceutical Co Ltd		13,718,991
	234,003		Chugoku Electric Power Co, Inc		2,920,183
	105,464		Coca-Cola West Japan Co Ltd		2,595,988

310

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	906,123		Concordia Financial Group Ltd	$	3,190,764
	156,821		Credit Saison Co Ltd		1,906,498
	95,000		CyberAgent, Inc		3,811,842
	205,533		Dai Nippon Printing Co Ltd		4,310,962
	208,931		Daicel Chemical Industries Ltd		1,767,987
	89,889		Daifuku Co Ltd		4,916,323
	922,246		Dai-ichi Mutual Life Insurance Co		13,557,979
	489,830		Daiichi Sankyo Co Ltd		29,765,522
	214,880		Daikin Industries Ltd		26,670,207
	61,859		Daito Trust Construction Co Ltd		7,976,917
	492,594		Daiwa House Industry Co Ltd		14,005,309
	1,306,872		Daiwa Securities Group, Inc		5,634,625
	370,153		Denso Corp		15,711,306
	190,747		Dentsu, Inc		6,305,339
	22,985		Disco Corp		4,218,367
	98,693		Don Quijote Co Ltd		6,313,897
	261,981		East Japan Railway Co		24,017,110
	220,896		Eisai Co Ltd		11,938,919
	133,049		Electric Power Development Co		2,978,455
	213,044		FamilyMart Co Ltd		4,548,441
	166,629		Fanuc Ltd		29,614,374
	50,560		Fast Retailing Co Ltd		30,327,121
	113,699		Fuji Electric Holdings Co Ltd		3,473,489
	537,696		Fuji Heavy Industries Ltd		12,531,667
	312,186		Fujifilm Holdings Corp		14,797,120
	167,312		Fujitsu Ltd		13,056,756
	147,993		Fukuoka Financial Group, Inc		2,710,110
	33,600		GMO Payment Gateway, Inc		2,427,571
	38,600	e	Growell Holdings Co Ltd		1,793,563
	201,981		Hakuhodo DY Holdings, Inc		3,167,784
	119,066		Hamamatsu Photonics KK		4,415,526
	191,037		Hankyu Hanshin Holdings, Inc		6,706,987
	18,783		Hikari Tsushin, Inc		4,141,215
	266,437		Hino Motors Ltd		2,137,432
	25,967		Hirose Electric Co Ltd		2,720,621
	45,245		Hisamitsu Pharmaceutical Co, Inc		1,818,335
	84,282		Hitachi Chemical Co Ltd		2,304,716
	100,837		Hitachi Construction Machinery Co Ltd		2,364,782
	58,796		Hitachi High-Technologies Corp		2,962,560
	834,955		Hitachi Ltd		29,603,162
	187,846		Hitachi Metals Ltd		1,974,890
	1,409,225		Honda Motor Co Ltd		35,062,246
	49,392		Hoshizaki Electric Co Ltd		3,489,501
	329,696		Hoya Corp		25,281,713
	241,655		Hulic Co Ltd		2,075,906
	176,192		Idemitsu Kosan Co Ltd		4,855,393
	119,263		Iida Group Holdings Co Ltd		1,956,222
	892,217		Inpex Holdings, Inc		7,825,059
	268,651		Isetan Mitsukoshi Holdings Ltd		2,135,747
	133,938		Ishikawajima-Harima Heavy Industries Co Ltd		3,191,549
	480,164		Isuzu Motors Ltd		5,313,221
	1,154,132		Itochu Corp		21,975,506
	77,300		Itochu Techno-Science Corp		1,981,586

311

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	201,640		J Front Retailing Co Ltd	$	2,367,207
	103,757		Japan Airlines Co Ltd		3,249,181
	39,845		Japan Airport Terminal Co Ltd		1,647,481
	394,332		Japan Post Bank Co Ltd		3,831,428
	1,365,664		Japan Post Holdings Co Ltd		13,386,949
	666		Japan Prime Realty Investment Corp		2,944,113
	1,159		Japan Real Estate Investment Corp		7,249,730
	2,278		Japan Retail Fund Investment Corp		4,589,550
	1,044,470		Japan Tobacco, Inc		23,013,570
	433,307		JFE Holdings, Inc		5,728,747
	203,707		JGC Corp		2,652,140
	158,198		JSR Corp		2,612,623
	179,632		JTEKT Corp		2,129,823
	2,793,400		JX Holdings, Inc		13,145,256
	375,610		Kajima Corp		4,830,676
	114,445		Kakaku.com, Inc		2,377,156
	91,755		Kamigumi Co Ltd		2,109,365
	41,294		Kaneka Corp		1,533,143
	616,648		Kansai Electric Power Co, Inc		7,615,346
	147,383		Kansai Paint Co Ltd		2,910,341
	424,210		Kao Corp		30,959,164
	117,100		Kawasaki Heavy Industries Ltd		2,547,841
	1,538,632		KDDI Corp		40,145,205
	91,338		Keihan Electric Railway Co Ltd		3,702,000
	192,034		Keihin Electric Express Railway Co Ltd		3,227,247
	91,746		Keio Corp		5,677,043
	121,916		Keisei Electric Railway Co Ltd		4,481,322
	79,011		Keyence Corp		45,340,363
	127,960		Kikkoman Corp		5,817,441
	152,662		Kintetsu Corp		7,238,189
	712,378		Kirin Brewery Co Ltd		15,450,236
	41,864		Kobayashi Pharmaceutical Co Ltd		2,986,794
	269,005		Kobe Steel Ltd		1,726,012
	87,897		Koito Manufacturing Co Ltd		4,394,262
	798,834		Komatsu Ltd		17,862,247
	78,656		Konami Corp		3,337,364
	381,484		Konica Minolta Holdings, Inc		3,161,418
	29,263		Kose Corp		4,988,246
	911,175		Kubota Corp		14,055,350
	271,856		Kuraray Co Ltd		3,215,184
	82,786		Kurita Water Industries Ltd		2,089,969
	276,650		Kyocera Corp		16,861,059
	209,594		Kyowa Hakko Kogyo Co Ltd		3,454,322
	314,233		Kyushu Electric Power Co, Inc		3,122,314
	133,421		Kyushu Railway Co		3,801,445
	43,458		Lawson, Inc		2,171,663
	63,526	*,e	LINE Corp		2,019,782
	204,809		Lion Corp		4,020,530
	226,346		LIXIL Group Corp		3,915,119
	365,262		M3, Inc		7,358,384
	187,446		Makita Corp		6,180,455
	1,332,819		Marubeni Corp		8,640,092
	170,142		Marui Co Ltd		3,675,898

312

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	48,180		Maruichi Steel Tube Ltd	$	1,268,438
	482,957		Mazda Motor Corp		4,672,469
	57,911		McDonald’s Holdings Co Japan Ltd		2,600,358
	147,348		Mediceo Paltac Holdings Co Ltd		3,129,920
	97,277		MEIJI Holdings Co Ltd		6,755,394
	71,300	*	Mercari, Inc		1,900,716
	311,072		Minebea Co Ltd		5,309,214
	247,806		MISUMI Group, Inc		5,561,142
	1,106,595		Mitsubishi Chemical Holdings Corp		7,856,276
	1,167,455		Mitsubishi Corp		31,348,829
	1,580,211		Mitsubishi Electric Corp		20,638,707
	1,015,700		Mitsubishi Estate Co Ltd		18,695,932
	160,804		Mitsubishi Gas Chemical Co, Inc		2,139,894
	272,748		Mitsubishi Heavy Industries Ltd		11,251,172
	99,817		Mitsubishi Materials Corp		2,745,526
	563,278		Mitsubishi Motors Corp		2,478,701
	10,616,492		Mitsubishi UFJ Financial Group, Inc		52,434,864
	384,437		Mitsubishi UFJ Lease & Finance Co Ltd		2,037,213
	1,431,677		Mitsui & Co Ltd		23,274,575
	157,510		Mitsui Chemicals, Inc		3,601,831
	769,996		Mitsui Fudosan Co Ltd		17,382,032
	98,321		Mitsui OSK Lines Ltd		2,411,423
	406,809		Mitsui Sumitomo Insurance Group Holdings, Inc		13,334,620
	283,209		Mitsui Trust Holdings, Inc		9,679,612
	20,864,726		Mizuho Financial Group, Inc		29,613,733
	115,800		MonotaRO Co Ltd		2,527,973
	499,138		Murata Manufacturing Co Ltd		22,856,112
	97,077		Nabtesco Corp		2,615,205
	162,121		Nagoya Railroad Co Ltd		4,463,131
	171,298	e	Namco Bandai Holdings, Inc		9,208,853
	210,025		NEC Corp		8,585,669
	430,089	*	Nexon Co Ltd		6,807,655
	215,638		NGK Insulators Ltd		3,207,135
	135,675		NGK Spark Plug Co Ltd		2,590,652
	193,491		Nidec Corp		25,872,827
	273,626		Nikon Corp		3,694,416
	97,578		Nintendo Co Ltd		35,898,235
	1,170		Nippon Building Fund, Inc		8,212,209
	70,195		Nippon Electric Glass Co Ltd		1,569,794
	64,490		Nippon Express Co Ltd		3,634,690
	74,905		Nippon Meat Packers, Inc		2,778,064
	129,439	e	Nippon Paint Co Ltd		5,631,922
	1,743		Nippon ProLogis REIT, Inc		4,190,714
	686,746		Nippon Steel Corp		10,759,344
	556,413		Nippon Telegraph & Telephone Corp		25,111,509
	129,390		Nippon Yusen Kabushiki Kaisha		2,155,702
	106,174		Nissan Chemical Industries Ltd		4,643,128
	1,964,888		Nissan Motor Co Ltd		12,771,620
	186,410		Nisshin Seifun Group, Inc		3,522,841
	54,660		Nissin Food Products Co Ltd		3,392,817
	70,071		Nitori Co Ltd		9,450,173
	133,257		Nitto Denko Corp		6,562,888
	285,575		NKSJ Holdings, Inc		11,826,505

313

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	2,896,352		Nomura Holdings, Inc	$	9,309,500
	106,874		Nomura Real Estate Holdings, Inc		2,164,196
	3,506		Nomura Real Estate Master Fund, Inc		5,570,327
	282,573		Nomura Research Institute Ltd		5,003,167
	338,027		NSK Ltd		2,858,139
	545,408		NTT Data Corp		7,161,369
	1,157,697		NTT DoCoMo, Inc		27,758,540
	565,382		Obayashi Corp		5,354,747
	53,786		Obic Co Ltd		5,730,917
	255,560		Odakyu Electric Railway Co Ltd		5,705,655
	782,743		OJI Paper Co Ltd		4,047,763
	1,004,568		Olympus Corp		10,952,677
	164,699		Omron Corp		7,835,785
	332,380		Ono Pharmaceutical Co Ltd		6,030,425
	33,089		Oracle Corp Japan		2,747,378
	174,680		Oriental Land Co Ltd		23,048,225
	1,147,330		ORIX Corp		16,374,612
	321,995		Osaka Gas Co Ltd		5,915,240
	425,663		Osaka Securities Exchange Co Ltd		6,238,301
	88,973		Otsuka Corp		3,508,380
	332,285		Otsuka Holdings KK		12,219,766
	1,875,398		Panasonic Corp		15,813,657
	98,034		Park24 Co Ltd		2,118,840
	83,200	*	PeptiDream, Inc		4,628,185
	97,300	e	Pigeon Corp		3,548,031
	78,156		Pola Orbis Holdings, Inc		1,964,195
	741,697		Rakuten, Inc		7,564,722
	1,023,773		Recruit Holdings Co Ltd		34,667,486
	696,799	*	Renesas Electronics Corp		4,095,272
	1,833,534		Resona Holdings, Inc		7,474,684
	583,080		Ricoh Co Ltd		5,340,635
	28,218		Rinnai Corp		1,901,632
	82,914		Rohm Co Ltd		5,778,456
	21,469		Ryohin Keikaku Co Ltd		3,810,811
	37,853		Sankyo Co Ltd		1,303,161
	320,443		Santen Pharmaceutical Co Ltd		5,163,784
	211,918		SBI Holdings, Inc		4,818,158
	186,765		Secom Co Ltd		14,636,958
	147,383		Sega Sammy Holdings, Inc		1,889,305
	179,675		Seibu Holdings, Inc		2,824,944
	247,957		Seiko Epson Corp		3,648,843
	316,887		Sekisui Chemical Co Ltd		4,683,918
	537,472	e	Sekisui House Ltd		9,036,719
	645,288		Seven & I Holdings Co Ltd		22,022,350
	610,976		Seven Bank Ltd		1,652,955
	129,402		SG Holdings Co Ltd		3,420,754
	183,715	e	Sharp Corp		2,304,264
	183,365		Shimadzu Corp		4,402,726
	18,878		Shimamura Co Ltd		1,334,843
	63,410		Shimano, Inc		8,952,172
	522,050		Shimizu Corp		4,201,109
	314,001		Shin-Etsu Chemical Co Ltd		31,970,280
	134,896		Shinsei Bank Ltd		2,037,600

314

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	231,580		Shionogi & Co Ltd	$	12,821,429
	345,030		Shiseido Co Ltd		25,388,877
	412,648		Shizuoka Bank Ltd		2,853,138
	127,592	e	Showa Denko KK		3,422,947
	49,591		SMC Corp		17,969,902
	1,442,400		Softbank Corp		19,435,142
	1,427,372		Softbank Group Corp		72,878,978
	66,206		Sohgo Security Services Co Ltd		3,209,426
	1,098,245		Sony Corp		62,461,491
	133,979		Sony Financial Holdings, Inc		3,245,900
	109,529		Stanley Electric Co Ltd		2,715,959
	190,533		Start Today Co Ltd		3,592,755
	241,199		Sumco Corp		3,161,130
	1,296,194		Sumitomo Chemical Co Ltd		5,910,926
	1,017,726		Sumitomo Corp		15,101,692
	148,865		Sumitomo Dainippon Pharma Co Ltd		2,733,851
	640,683		Sumitomo Electric Industries Ltd		7,927,124
	102,017		Sumitomo Heavy Industries Ltd		3,288,884
	209,245		Sumitomo Metal Mining Co Ltd		5,943,394
	1,150,562		Sumitomo Mitsui Financial Group, Inc		40,234,894
	284,145		Sumitomo Realty & Development Co Ltd		10,339,166
	148,933		Sumitomo Rubber Industries, Inc		1,625,674
	61,057		Sundrug Co Ltd		1,688,173
	117,150		Suntory Beverage & Food Ltd		4,648,327
	61,352		Suzuken Co Ltd		3,380,926
	319,840		Suzuki Motor Corp		12,508,449
	144,925		Sysmex Corp		10,522,001
	475,749		T&D Holdings, Inc		5,342,585
	111,698		Taiheiyo Cement Corp		3,137,075
	172,497		Taisei Corp		5,951,270
	28,658		Taisho Pharmaceutical Holdings Co Ltd		2,185,182
	111,758		Taiyo Nippon Sanso Corp		2,291,508
	1,285,473		Takeda Pharmaceutical Co Ltd		44,240,696
	199,255		Tanabe Seiyaku Co Ltd		2,249,567
	111,549		TDK Corp		8,564,434
	154,560		Teijin Ltd		2,673,993
	160,772		Temp Holdings Co Ltd		3,888,585
	558,254		Terumo Corp		16,248,173
	104,285		THK Co Ltd		2,628,211
	164,990		Tobu Railway Co Ltd		4,690,899
	96,042		Toho Co Ltd		3,729,031
	63,220		Toho Gas Co Ltd		2,403,935
	366,337		Tohoku Electric Power Co, Inc		3,665,502
	558,443		Tokio Marine Holdings, Inc		29,642,711
	1,318,718	*	Tokyo Electric Power Co, Inc		6,343,507
	134,643		Tokyo Electron Ltd		22,804,799
	333,005		Tokyo Gas Co Ltd		8,312,363
	429,844		Tokyu Corp		7,526,928
	505,824		Tokyu Fudosan Holdings Corp		2,926,233
	205,490		Toppan Printing Co Ltd		3,340,007
	1,184,061		Toray Industries, Inc		8,145,717
	476,387		Toshiba Corp		15,199,936
	240,330		Tosoh Corp		3,368,433

315

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	125,232		Toto Ltd	$	5,014,433
	118,024		Toyo Seikan Kaisha Ltd		2,060,286
	72,799		Toyo Suisan Kaisha Ltd		2,927,476
	58,599		Toyoda Gosei Co Ltd		1,077,681
	127,633		Toyota Industries Corp		6,625,991
	1,975,686		Toyota Motor Corp		127,655,358
	183,644		Toyota Tsusho Corp		5,315,746
	111,531		Trend Micro, Inc		4,862,966
	31,659		Tsuruha Holdings, Inc		3,222,616
	357,222		Uni-Charm Corp		10,106,203
	2,528		United Urban Investment Corp		4,277,078
	186,023		USS Co Ltd		3,683,810
	138,677		West Japan Railway Co		11,351,696
	2,386,019		Yahoo! Japan Corp		6,988,478
	103,611		Yakult Honsha Co Ltd		5,841,569
	514,040		Yamada Denki Co Ltd		2,267,412
	125,560		Yamaha Corp		5,919,200
	250,679		Yamaha Motor Co Ltd		4,395,635
	273,574		Yamato Transport Co Ltd		5,370,920
	100,877		Yamazaki Baking Co Ltd		1,531,848
	208,965		Yaskawa Electric Corp		6,915,042
	194,573		Yokogawa Electric Corp		3,482,236
	98,432		Yokohama Rubber Co Ltd		1,811,030
			TOTAL JAPAN		2,848,928,400
LUXEMBOURG - 0.2%
	576,110		ArcelorMittal		9,139,260
	10,233	e	Eurofins Scientific		4,377,279
	55,050		Millicom International Cellular S.A.		2,828,175
	37,494		RTL Group		1,849,502
	321,642		SES Global S.A.		5,326,625
	419,517		Tenaris S.A.		5,256,120
			TOTAL LUXEMBOURG		28,776,961
MACAU - 0.2%
	1,870,361		Galaxy Entertainment Group Ltd		12,732,105
	954,629		MGM China Holdings Ltd		1,559,982
	2,060,467		Sands China Ltd		9,889,964
	1,320,653		Wynn Macau Ltd		2,963,322
			TOTAL MACAU		27,145,373
MEXICO - 0.0%
	219,825		Fresnillo plc		1,586,607
			TOTAL MEXICO		1,586,607
NETHERLANDS - 4.8%
	365,460	g	ABN AMRO Group NV (ADR)		7,315,588
	8,996	*,g	Adyen NV		6,797,249
	1,562,074		Aegon NV		7,697,782
	197,530		Akzo Nobel NV		18,637,813
	368,180		ASML Holding NV		82,039,432
	155,832		DSM NV		19,305,723
	93,598		EXOR NV		6,518,290

316

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	102,404	e	Heineken Holding NV	$	10,347,702
	223,466	e	Heineken NV		23,975,302
	3,360,788		ING Groep NV		37,290,441
	1,032,209		Koninklijke Ahold Delhaize NV		23,444,475
	3,040,838		Koninklijke KPN NV		8,670,782
	802,900		Koninklijke Philips Electronics NV		37,664,565
	65,090		Koninklijke Vopak NV		3,209,267
	271,452		NN Group NV		10,198,739
	254,258		NXP Semiconductors NV		26,287,735
	104,179		Randstad Holdings NV		5,229,146
	3,828,612		Royal Dutch Shell plc (A Shares)		120,583,927
	3,239,164		Royal Dutch Shell plc (B Shares)		102,308,995
	238,458		Wolters Kluwer NV		17,284,704
			TOTAL NETHERLANDS		574,807,657
NEW ZEALAND - 0.3%
	641,282	*	a2 Milk Co Ltd		7,535,130
	823,135		Auckland International Airport Ltd		5,014,570
	482,472		Fisher & Paykel Healthcare Corp		5,200,464
	731,225	e	Fletcher Building Ltd		2,376,649
	1,123,361		Meridian Energy Ltd		3,457,649
	334,633		Ryman Healthcare Ltd		2,821,546
	1,541,298		Telecom Corp of New Zealand Ltd		4,017,775
			TOTAL NEW ZEALAND		30,423,783
NORWAY - 0.7%
	100,083	e	Aker BP ASA		2,832,239
	835,317		DNB NOR Holding ASA		14,944,321
	192,461		Gjensidige Forsikring BA		3,738,278
	1,187,186		Norsk Hydro ASA		4,037,963
	652,815		Orkla ASA		5,552,631
	379,178		PAN Fish ASA		9,112,744
	84,193		Schibsted ASA (B Shares)		2,174,980
	851,230		Statoil ASA		15,262,799
	632,527		Telenor ASA		12,816,868
	152,703		Yara International ASA		7,154,035
			TOTAL NORWAY		77,626,858
PORTUGAL - 0.2%
	2,267,822		Energias de Portugal S.A.		8,301,635
	428,276		Galp Energia SGPS S.A.		6,667,446
	225,637		Jeronimo Martins SGPS S.A.		3,640,894
			TOTAL PORTUGAL		18,609,975
RUSSIA - 0.0%
	455,756		Evraz plc		3,569,836
			TOTAL RUSSIA		3,569,836
SINGAPORE - 1.3%
	2,269,542		Ascendas REIT		5,038,806
	2,298,237		CapitaCommercial Trust		3,432,789
	2,210,826		CapitaLand Ltd		5,791,954

317

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	2,297,245		CapitaMall Trust	$	4,365,861
	399,245		City Developments Ltd		2,801,643
	1,910,229		ComfortDelgro Corp Ltd		3,744,021
	1,540,405		DBS Group Holdings Ltd		29,370,631
	4,895,284		Genting Singapore Ltd		3,257,621
	5,454,272		Golden Agri-Resources Ltd		1,164,982
	85,744		Jardine Cycle & Carriage Ltd		2,097,978
	1,280,265		Keppel Corp Ltd		5,915,764
	2,745,960		Oversea-Chinese Banking Corp		22,861,985
	877,845		SembCorp Industries Ltd		1,485,294
	434,886		Singapore Airlines Ltd		3,044,725
	639,825		Singapore Airport Terminal Services Ltd		2,229,260
	682,560		Singapore Exchange Ltd		3,916,173
	1,281,216	e	Singapore Press Holdings Ltd		2,048,569
	1,511,071		Singapore Technologies Engineering Ltd		4,634,822
	7,107,299		Singapore Telecommunications Ltd		17,102,294
	1,719,364		Suntec Real Estate Investment Trust		2,376,482
	1,078,988		United Overseas Bank Ltd		20,557,684
	391,097		UOL Group Ltd		2,078,538
	256,013		Venture Corp Ltd		2,856,962
	1,692,756		Wilmar International Ltd		4,893,129
			TOTAL SINGAPORE		157,067,967
SOUTH AFRICA - 0.2%
	899,221		Anglo American plc (London)		22,034,867
	613,812		Investec plc		3,492,416
			TOTAL SOUTH AFRICA		25,527,283
SPAIN - 2.9%
	223,882		ACS Actividades Construccion y Servicios S.A.		9,046,342
	57,378	g	Aena S.A.		10,401,610
	378,081		Amadeus IT Holding S.A.		29,545,859
	5,757,379		Banco Bilbao Vizcaya Argentaria S.A.		29,314,901
	4,773,938		Banco de Sabadell S.A.		4,169,473
	14,016,265		Banco Santander S.A.		59,825,241
	1,018,256		Bankia S.A.		2,018,783
	569,230		Bankinter S.A.		3,692,446
	3,200,355		CaixaBank S.A.		7,931,913
	170,254	g	Cellnex Telecom SAU		6,367,215
	1,012,987		Corp Mapfre S.A.		2,788,587
	190,859		Enagas		4,163,426
	281,399		Endesa S.A.		6,952,921
	432,772		Ferrovial S.A.		11,258,026
	260,104		Gas Natural SDG S.A.		6,588,660
	257,766		Grifols S.A.		8,353,838
	5,072,769		Iberdrola S.A.		48,127,344
	116,117	*	Iberdrola S.A. (Interim)		1,101,650
	939,169		Industria De Diseno Textil S.A.		28,102,108
	378,565		Red Electrica Corp S.A.		7,137,403
	1,259,764		Repsol YPF S.A.		19,980,874
	198,746		Siemens Gamesa Renewable Energy		2,780,971
	4,040,661		Telefonica S.A.		30,804,454
			TOTAL SPAIN		340,454,045

318

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
SWEDEN - 2.4%
	274,098		Alfa Laval AB	$	5,120,186
	887,516		Assa Abloy AB		20,357,073
	582,585		Atlas Copco AB (A Shares)		17,794,550
	337,694		Atlas Copco AB (B Shares)		9,212,514
	239,978		Boliden AB		5,442,052
	196,329		Electrolux AB (Series B)		4,536,600
	354,495		Epiroc AB		3,684,495
	577,516		Epiroc AB (Class A)		6,328,299
	2,663,931		Ericsson (LM) (B Shares)		23,307,454
	531,715		Essity AB		15,793,577
	694,197	e	Hennes & Mauritz AB (B Shares)		12,103,389
	221,713		Hexagon AB (B Shares)		10,742,513
	340,839		Husqvarna AB (B Shares)		3,018,075
	80,967		ICA Gruppen AB		3,596,950
	138,768		Industrivarden AB		3,014,713
	210,418		Investment AB Kinnevik (B Shares)		5,351,626
	387,160		Investor AB (B Shares)		18,408,105
	59,090		Lundbergs AB (B Shares)		2,188,128
	164,300		Lundin Petroleum AB		5,167,830
	983,532		Sandvik AB		15,092,884
	273,215		Securitas AB (B Shares)		4,231,082
	1,416,815		Skandinaviska Enskilda Banken AB (Class A)		13,320,963
	288,780		Skanska AB (B Shares)		5,391,813
	335,398		SKF AB (B Shares)		5,501,463
	1,306,369		Svenska Handelsbanken AB		11,754,605
	771,796		Swedbank AB (A Shares)		10,510,106
	154,109		Swedish Match AB		5,879,881
	417,923		Tele2 AB (B Shares)		5,971,858
	2,422,367		TeliaSonera AB		10,776,261
	1,287,977		Volvo AB (B Shares)		19,133,041
			TOTAL SWEDEN		282,732,086
SWITZERLAND - 9.7%
	1,585,984		ABB Ltd		29,938,862
	136,826		Adecco S.A.		7,465,098
	371,580	*	Alcon, Inc		21,518,052
	42,646		Baloise Holding AG.		7,702,571
	1,969		Barry Callebaut AG.		3,841,447
	451,887		Cie Financiere Richemont S.A.		38,723,661
	169,656		Clariant AG.		3,100,137
	176,395		Coca-Cola HBC AG.		6,069,616
	2,204,256		Credit Suisse Group		26,651,737
	34,894		Dufry Group		3,060,259
	7,045		EMS-Chemie Holding AG.		4,402,972
	31,497		Geberit AG.		14,540,335
	7,972		Givaudan S.A.		21,202,250
	9,618,714		Glencore Xstrata plc		30,845,469
	438,609		Holcim Ltd		21,528,024
	192,358		Julius Baer Group Ltd		8,219,959
	46,896		Kuehne & Nagel International AG.		6,905,121
	962		Lindt & Spruengli AG.		7,090,101

319

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	91		Lindt & Spruengli AG. (Registered)	$	7,530,340
	64,023		Lonza Group AG.		21,931,309
	2,649,350		Nestle S.A.		281,062,057
	1,875,156		Novartis AG.		171,949,597
	32,113		Pargesa Holding S.A.		2,410,259
	15,946		Partners Group		12,681,695
	47,785		Phonak Holding AG.		10,988,468
	607,754		Roche Holding AG.		162,674,516
	35,239		Schindler Holding AG.		8,123,706
	17,236		Schindler Holding AG. (Registered)		3,877,506
	4,523		SGS S.A.		11,169,395
	110,030		Sika AG.		15,885,486
	583,115		STMicroelectronics NV		10,686,699
	8,973		Straumann Holding AG.		7,320,201
	25,804		Swatch Group AG.		7,495,338
	45,059		Swatch Group AG. (Registered)		2,457,127
	28,900		Swiss Life Holding		13,965,608
	65,444		Swiss Prime Site AG.		5,761,982
	263,242		Swiss Re Ltd		25,491,513
	23,499		Swisscom AG.		11,388,600
	54,862		Temenos Group AG.		9,658,051
	3,340,802		UBS AG.		37,289,477
	38,085		Vifor Pharma AG.		5,636,823
	130,176		Zurich Financial Services AG.		45,279,324
			TOTAL SWITZERLAND		1,155,520,748
UNITED ARAB EMIRATES - 0.0%
	92,069	e	NMC Health plc		2,749,471
			TOTAL UNITED ARAB EMIRATES		2,749,471
UNITED KINGDOM - 13.9%
	828,903		3i Group plc		11,169,484
	181,218		Admiral Group plc		4,765,692
	406,971		Ashtead Group plc		11,190,546
	305,831		Associated British Foods plc		8,988,850
	1,093,854		AstraZeneca plc		94,502,205
	787,351	g	Auto Trader Group plc		5,168,629
	3,369,442		Aviva plc		16,542,666
	2,758,243		BAE Systems plc		18,325,019
	14,776,360		Barclays plc		27,658,804
	880,420		Barratt Developments plc		6,873,636
	107,411		Berkeley Group Holdings plc		5,051,843
	17,519,506		BP plc		115,922,103
	1,982,689		British American Tobacco plc		70,648,228
	763,115		British Land Co plc		4,710,962
	7,280,085		BT Group plc		17,052,518
	299,612		Bunzl plc		7,809,281
	355,327		Burberry Group plc		9,797,707
	4,998,498		Centrica plc		4,601,549
	879,787		CNH Industrial NV		8,908,283
	207,231		Coca-Cola European Partners plc (Class A)		11,455,730
	1,373,772		Compass Group plc		34,757,123
	114,986		Croda International plc		6,531,649

320

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	86,114		DCC plc	$	7,261,878
	2,090,226		Diageo plc		87,162,794
	1,191,977		Direct Line Insurance Group plc		4,662,655
	162,868		easyJet plc		1,908,637
	790,512		Experian Group Ltd		23,975,566
	951,092		Fiat DaimlerChrysler Automobiles NV		12,741,240
	4,291,874		GlaxoSmithKline plc		88,759,912
	1,285,333		Group 4 Securicor plc		2,983,193
	520,916		GVC Holdings plc		3,731,789
	327,893		Halma plc		7,918,441
	252,005		Hargreaves Lansdown plc		6,402,178
	17,346,539		HSBC Holdings plc		138,919,535
	832,616		Imperial Tobacco Group plc		21,131,828
	1,079,994		Informa plc		11,434,705
	147,835		InterContinental Hotels Group plc		10,270,788
	143,646		Intertek Group plc		9,943,792
	3,009,053		ITV plc		4,041,607
	1,580,349		J Sainsbury plc		3,771,079
	574,139		John Wood Group plc		3,699,584
	168,314		Johnson Matthey plc		6,562,880
	1,800,916		Kingfisher plc		4,862,268
	603,309		Land Securities Group plc		5,838,664
	5,078,488		Legal & General Group plc		16,105,396
	61,645,281		Lloyds TSB Group plc		39,877,319
	276,006		London Stock Exchange Group plc		22,166,541
	1,676,563		Marks & Spencer Group plc		4,213,924
	690,818		Meggitt plc		4,985,178
	4,181,308		Melrose Industries plc		9,436,839
	642,136	g	Merlin Entertainments plc		3,512,699
	304,803		Micro Focus International plc		6,420,397
	419,975		Mondi plc		9,149,485
	2,957,792		National Grid plc		30,315,187
	120,478		Next plc		8,868,332
	399,208	*	Ocado Ltd		6,025,836
	677,562		Pearson plc		7,174,950
	277,040		Persimmon plc		6,759,383
	2,247,478		Prudential plc		46,240,127
	609,665		Reckitt Benckiser Group plc		47,129,102
	1,703,068		RELX plc (London)		40,393,888
	1,616,615		Rentokil Initial plc		8,541,231
	1,488,317		Rolls-Royce Group plc		15,556,391
	4,124,974		Royal Bank of Scotland Group plc		10,867,430
	844,797		RSA Insurance Group plc		5,745,785
	930,194		Sage Group plc		8,111,658
	106,624		Schroders plc		3,846,325
	897,899		Scottish & Southern Energy plc		11,970,500
	896,199		Segro plc		8,315,231
	205,491		Severn Trent plc		5,025,259
	758,978		Smith & Nephew plc		17,182,357
	329,970		Smiths Group plc		6,562,372
	60,300		Spirax-Sarco Engineering plc		6,575,309
	440,094		St. James’s Place plc		5,251,562
	2,410,036		Standard Chartered plc		19,833,869

321

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	2,175,611		Standard Life Aberdeen plc	$	7,891,032
	2,871,042		Taylor Wimpey plc		5,625,333
	8,487,684		Tesco plc		22,990,644
	1,247,699		Unilever NV		72,321,160
	960,122		Unilever plc		57,763,008
	569,231		United Utilities Group plc		5,440,424
	23,102,257		Vodafone Group plc		42,045,691
	232,430		Weir Group plc		4,202,063
	113,569		Whitbread plc		6,238,731
	2,070,619		WM Morrison Supermarkets plc		4,889,427
	1,104,460		WPP plc		13,009,901
			TOTAL UNITED KINGDOM		1,654,994,796
UNITED STATES - 0.2%
	143,689		Carnival plc		6,486,002
	201,378		Ferguson plc		14,985,086
	198,734	*	QIAGEN NV (Turquoise)		7,543,392
			TOTAL UNITED STATES		29,014,480
			TOTAL COMMON STOCKS		11,842,500,838
			(Cost $10,584,208,115)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 1.3%
GOVERNMENT AGENCY DEBT - 0.4%
$	41,660,000		Federal Home Loan Bank (FHLB)		2.150	%	08/01/19		41,660,000
	2,120,000		Federal Home Loan Bank (FHLB)		2.175		09/10/19		2,115,006
			TOTAL GOVERNMENT AGENCY DEBT						43,775,006
TREASURY DEBT - 0.6%
	10,590,000		United States Treasury Bill		2.142		08/06/19		10,587,053
	15,290,000		United States Treasury Bill		2.182		08/13/19		15,279,508
	14,060,000		United States Treasury Bill		2.062		08/20/19		14,044,973
	21,250,000		United States Treasury Bill		1.952		08/22/19		21,225,012
	7,680,000		United States Treasury Bill		2.081		09/10/19		7,662,571
			TOTAL TREASURY DEBT						68,799,117
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.3%
	40,224,340	c	State Street Navigator Securities Lending Government Money Market Portfolio						40,224,340
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						40,224,340
			TOTAL SHORT-TERM INVESTMENTS						152,798,463
			(Cost $152,797,777)
			TOTAL INVESTMENTS - 100.4%						11,995,299,301
			(Cost $10,737,005,892)
			OTHER ASSETS & LIABILITIES, NET - (0.4)%						(46,521,231	)
			NET ASSETS - 100.0%					$	11,948,778,070

322

TIAA-CREF FUNDS - International Equity Index Fund

	Abbreviation(s):
ADR	American Depositary Receipt
REIT	Real Estate Investment Trust

*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $73,443,541.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $105,835,409 or 0.9% of net assets.

Futures contracts outstanding as of July 31, 2019 were as follows:

Description	Number of long (short) contracts	Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
MSCI EAFE Index	693	09/20/19		$66,589,909		$65,325,645		$(1,264,264)

323

TIAA-CREF FUNDS - International Equity Index Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY INDEX FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	2,211,218,575			18.5	%
INDUSTRIALS		1,737,103,328			14.5
CONSUMER STAPLES		1,409,403,065			11.8
HEALTH CARE		1,343,150,518			11.2
CONSUMER DISCRETIONARY		1,336,693,813			11.2
MATERIALS		853,886,903			7.2
INFORMATION TECHNOLOGY		798,115,403			6.7
ENERGY		648,556,397			5.4
COMMUNICATION SERVICES		648,500,905			5.4
UTILITIES		431,427,212			3.6
REAL ESTATE		424,444,719			3.6
SHORT-TERM INVESTMENTS		152,798,463			1.3
OTHER ASSETS & LIABILITIES, NET		(46,521,231	)		(0.4	)
NET ASSETS	$	11,948,778,070			100.0	%

324

TIAA-CREF FUNDS - Emerging Markets Debt Fund

TIAA-CREF FUNDS

EMERGING MARKETS DEBT FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
BONDS - 94.9%
CORPORATE BONDS - 49.3%
ARGENTINA - 0.7%
$	2,020,000	g	AES Argentina Generacion S.A.			7.750	%	02/02/24	$	1,807,920
ARS	2,000,000	g,i	YPF S.A.	Argentina Deposit Rates Badlar + 4.000%		51.625		07/07/20		648,171
$	1,950,000	g	YPF S.A.			6.950		07/21/27		1,755,000
			TOTAL ARGENTINA							4,211,091
BAHRAIN - 0.5%
	2,300,000	g	Oil and Gas Holding Co BSCC			7.625		11/07/24		2,572,338
			TOTAL BAHRAIN							2,572,338
BRAZIL - 4.9%
	2,200,000	g	Banco BTG Pactual S.A.			7.750		02/15/29		2,311,100
	1,450,000	g	Banco Votorantim S.A.			8.250		N/A‡		1,535,188
	2,875,000	g	Cosan Ltd			5.500		09/20/29		2,892,969
	2,325,000	g	Klabin Finance S.A.			4.875		09/19/27		2,362,200
	1,800,000	g	MARB BondCo plc			6.875		01/19/25		1,845,000
	2,500,000	g	NBM US Holdings, Inc			6.625		08/06/29		2,495,425
	885,466	g	Odebrecht Offshore Drilling Finance Ltd			6.720		12/01/22		867,765
	3,625,278	†,g,o	Odebrecht Offshore Drilling Finance Ltd			7.720		12/01/26		1,051,331
	527,012	†,g,j	Odebrecht Oil & Gas Finance Ltd			0.000		N/A‡		5,797
	714,000	o	Oi S.A.			10.000		07/27/25		721,140
	1,500,000		Petrobras Global Finance BV			7.375		01/17/27		1,775,490
	1,625,000		Petrobras Global Finance BV			5.750		02/01/29		1,747,688
	1,700,000		Petrobras Global Finance BV			5.625		05/20/43		1,729,750
	2,000,000	g	Rio Oil Finance Trust			8.200		04/06/28		2,280,000
	775,000	g	Suzano Austria GmbH			6.000		01/15/29		856,375
	1,525,000	g	Suzano Austria GmbH			7.000		03/16/47		1,766,713
			TOTAL BRAZIL							26,243,931
CHILE - 2.8%
	2,350,000	g	AES Gener S.A.			7.125		03/26/79		2,538,000
	1,600,000	g	Celulosa Arauco y Constitucion S.A.			5.500		04/30/49		1,728,000
	1,800,000	g	Corp Nacional del Cobre de Chile-CODELCO			3.625		08/01/27		1,870,254
	2,150,000	g	Corp Nacional del Cobre de Chile-CODELCO			4.375		02/05/49		2,315,356
	2,100,000		Enel Chile S.A.			4.875		06/12/28		2,299,500
	2,600,000	g	Latam Finance Ltd			7.000		03/01/26		2,752,750
	1,375,000	g	Sociedad Quimica y Minera de Chile S.A.			4.250		05/07/29		1,448,906
			TOTAL CHILE							14,952,766

325

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
CHINA - 2.3%
$	2,100,000		China Evergrande Group		8.250	%	03/23/22	$	2,030,463
	2,300,000		Country Garden Holdings Co Ltd		4.750		07/25/22		2,293,932
	2,350,000	g	Golden Eagle Retail Group Ltd		4.625		05/21/23		2,250,125
	2,000,000		Shimao Property Holdings Ltd		5.200		01/30/25		2,016,420
	2,200,000	g	Tencent Holdings Ltd		3.975		04/11/29		2,317,666
	1,425,000		Weibo Corp		3.500		07/05/24		1,430,935
			TOTAL CHINA						12,339,541
COLOMBIA - 2.3%
	2,000,000	g	Colombia Telecomunicaciones S.A. ESP		5.375		09/27/22		2,015,020
	2,300,000		Ecopetrol S.A.		5.875		05/28/45		2,583,246
COP	4,500,000,000	g	Empresas Publicas de Medellin ESP		8.375		11/08/27		1,417,792
$	1,735,000	g	Empresas Publicas de Medellin ESP		4.250		07/18/29		1,783,580
	1,650,000	g	Millicom International Cellular S.A.		6.250		03/25/29		1,780,763
	1,825,000	g	Termocandelaria Power Ltd		7.875		01/30/29		1,998,393
			TOTAL COLOMBIA						11,578,794
COSTA RICA - 0.2%
	952,000	g	Banco Nacional de Costa Rica		5.875		04/25/21		974,372
			TOTAL COSTA RICA						974,372
DOMINICAN REPUBLIC - 0.5%
	2,500,000	g	Aeropuertos Dominicanos Siglo XXI S.A.		6.750		03/30/29		2,631,250
			TOTAL DOMINICAN REPUBLIC						2,631,250
GHANA - 0.5%
	1,000,000	g	Tullow Oil plc		6.250		04/15/22		1,005,940
	1,725,000	g	Tullow Oil plc		7.000		03/01/25		1,735,781
			TOTAL GHANA						2,741,721
GUATEMALA - 0.4%
	2,200,000	g	Comcel Trust		6.875		02/06/24		2,277,000
			TOTAL GUATEMALA						2,277,000
HONG KONG - 0.1%
	825,000	g	Melco Resorts Finance Ltd		5.625		07/17/27		851,357
			TOTAL HONG KONG						851,357
INDIA - 3.7%
	2,825,000	g	Adani Green Energy UP Ltd		6.250		12/10/24		2,900,128
	2,100,000	g	Adani Ports & Special Economic Zone Ltd		4.375		07/03/29		2,150,529
	2,650,000	g	Azure Power Energy Ltd		5.500		11/03/22		2,671,807
	1,000,000	g	Bharti Airtel Ltd		4.375		06/10/25		1,015,372
	2,500,000	g	GMR Hyderabad International Airport Ltd		5.375		04/10/24		2,564,272
	2,900,000	g	ICICI Bank Ltd		3.800		12/14/27		2,945,655
	2,300,000		Indian Railway Finance Corp Ltd		3.835		12/13/27		2,359,310
	2,300,000	g	Vedanta Resources Finance II plc		9.250		04/23/26		2,372,325
			TOTAL INDIA						18,979,398

326

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
INDONESIA - 4.5%
$	1,875,000	g	Indonesia Asahan Aluminium Persero PT		5.710	%	11/15/23	$	2,067,512
IDR	12,280,000,000	g	Jasa Marga Persero Tbk PT		7.500		12/11/20		859,455
$	2,000,000	g	Listrindo Capital BV		4.950		09/14/26		2,001,000
	1,625,000	g	LLPL Capital Pte Ltd		6.875		02/04/39		1,892,464
	300,000	g	Medco Oak Tree Pte Ltd		7.375		05/14/26		302,812
	2,200,000	g	Medco Platinum Road Pte Ltd		6.750		01/30/25		2,195,074
	2,300,000	g	Minejesa Capital BV		5.625		08/10/37		2,472,580
	850,000	g	Pertamina Persero PT		3.650		07/30/29		855,004
	1,250,000	g	Pertamina Persero PT		4.700		07/30/49		1,244,700
	1,400,000	g	Perusahaan Listrik Negara PT		3.875		07/17/29		1,432,302
	2,000,000	g	Perusahaan Listrik Negara PT		5.250		10/24/42		2,147,500
	2,000,000	g	Perusahaan Listrik Negara PT		6.150		05/21/48		2,419,937
	875,000	g	Perusahaan Listrik Negara PT		4.875		07/17/49		892,127
	2,203,400	g	Star Energy Geothermal Wayang Windu Ltd		6.750		04/24/33		2,267,454
			TOTAL INDONESIA						23,049,921
IRELAND - 0.5%
	675,000	g	C&W Senior Financing Designated Activity Co		7.500		10/15/26		720,562
	2,000,000	g	C&W Senior Financing Designated Activity Co		6.875		09/15/27		2,092,600
			TOTAL IRELAND						2,813,162
ISRAEL - 0.9%
	2,000,000	g	Israel Electric Corp Ltd		4.250		08/14/28		2,092,914
	1,800,000		Teva Pharmaceutical Finance Netherlands III BV		3.150		10/01/26		1,403,798
	1,450,000		Teva Pharmaceutical Finance Netherlands III BV		6.750		03/01/28		1,297,750
			TOTAL ISRAEL						4,794,462
JAMAICA - 0.1%
	2,560,908	†,g,o	Digicel Group Two Ltd		9.125		04/01/24		448,159
			TOTAL JAMAICA						448,159
KAZAKHSTAN - 2.9%
KZT	453,000,000	g	Development Bank of Kazakhstan JSC		8.950		05/04/23		1,141,496
$	1,098,937	g	Kazkommertsbank JSC		5.500		12/21/22		1,100,262
	1,800,000	g	KazMunayGas National Co JSC		4.750		04/19/27		1,951,331
	3,000,000	g	KazMunayGas National Co JSC		5.375		04/24/30		3,362,511
	1,550,000	g	KazMunayGas National Co JSC		6.375		10/24/48		1,881,763
	2,475,000	g	KazTransGas JSC		4.375		09/26/27		2,574,391
	2,500,000	g	Tengizchevroil Finance Co International Ltd		4.000		08/15/26		2,553,125
			TOTAL KAZAKHSTAN						14,564,879
MACAU - 0.6%
	1,325,000	g	MGM China Holdings Ltd		5.875		05/15/26		1,387,937
	1,550,000	g	Wynn Macau Ltd		4.875		10/01/24		1,548,063
			TOTAL MACAU						2,936,000
MALAYSIA - 0.5%
	3,000,000		1MDB Global Investments Ltd		4.400		03/09/23		2,901,519
			TOTAL MALAYSIA						2,901,519

327

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
MEXICO - 4.1%
$	800,000	g	BBVA Bancomer S.A.		5.350	%	11/12/29	$	789,008
	2,625,000	g	BBVA Bancomer S.A.		5.125		01/18/33		2,523,281
	2,169,375	g	Cometa Energia S.A. de C.V.		6.375		04/24/35		2,258,862
	2,000,000		Grupo Financiero Santander Mexico SAB de C.V.		8.500		N/A‡		2,095,000
	2,691,000	g	Mexico City Airport Trust		4.250		10/31/26		2,680,936
	5,000,000		Petroleos Mexicanos		4.875		01/18/24		4,909,500
	2,100,000		Petroleos Mexicanos		5.350		02/12/28		1,929,900
	2,075,000		Petroleos Mexicanos		6.350		02/12/48		1,814,027
	1,885,000	g	PLA Administradora Industrial S de RL de C.V.		4.962		07/18/29		1,872,747
			TOTAL MEXICO						20,873,261
MOROCCO - 0.7%
	2,800,000	g	OCP S.A.		6.875		04/25/44		3,363,329
			TOTAL MOROCCO						3,363,329
NIGERIA - 0.5%
	2,300,000	g	IHS Netherlands Holdco BV		9.500		10/27/21		2,381,335
			TOTAL NIGERIA						2,381,335
OMAN - 0.5%
	2,300,000	g	Oztel Holdings SPC Ltd		6.625		04/24/28		2,360,796
			TOTAL OMAN						2,360,796
PANAMA - 1.0%
	2,500,000	g	Banco General S.A.		4.125		08/07/27		2,564,375
	2,300,000	g	Empresa de Transmision Electrica S.A.		5.125		05/02/49		2,498,375
			TOTAL PANAMA						5,062,750
PERU - 2.7%
PEN	9,000,000	g	Alicorp SAA		6.875		04/17/27		2,921,901
$	1,050,000	g	Consorcio Transmantaro SA		4.700		04/16/34		1,130,062
	1,575,000	g	Hunt Oil Co of Peru LLC Sucursal Del Peru		6.375		06/01/28		1,774,237
	2,300,000	g	Inkia Energy Ltd		5.875		11/09/27		2,394,300
	2,000,000	g	Intercorp Financial Services, Inc		4.125		10/19/27		2,039,000
	1,225,000	g	Intercorp Peru Ltd		3.875		08/15/29		1,206,625
	975,000	g,h	Lima Metro Line 2 Finance Ltd		4.350		04/05/36		1,003,031
	2,000,000	g	Petroleos del Peru S.A.		5.625		06/19/47		2,275,000
			TOTAL PERU						14,744,156
RUSSIA - 2.3%
	1,000,000	g	Credit Bank of Moscow Via CBOM Finance plc		5.550		02/14/23		996,207
	1,000,000	g	Credit Bank of Moscow Via CBOM Finance plc		7.500		10/05/27		884,334
	2,225,000	g	Evraz plc		5.250		04/02/24		2,350,112
	2,800,000	g	Gazprom OAO Via Gaz Capital S.A.		5.150		02/11/26		3,011,101
	2,300,000	g	MMK International Capital DAC		4.375		06/13/24		2,382,232
	2,300,000	g	Novolipetsk Steel Via Steel Funding DAC		4.700		05/30/26		2,401,821
			TOTAL RUSSIA						12,025,807

328

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SAUDI ARABIA - 0.5%
$	2,275,000	g	SABIC Capital II BV		4.500	%	10/10/28	$	2,483,413
			TOTAL SAUDI ARABIA						2,483,413
SOUTH AFRICA - 2.7%
	2,000,000	g	Eskom Holdings SOC Ltd		5.750		01/26/21		2,003,604
	2,000,000	g	Eskom Holdings SOC Ltd		6.750		08/06/23		2,060,944
	1,600,000	g	Eskom Holdings SOC Ltd		8.450		08/10/28		1,766,128
	2,300,000	g	Gold Fields Orogen Holdings BVI Ltd		6.125		05/15/29		2,512,750
	2,100,000	g	MTN Mauritius Investment Ltd		6.500		10/13/26		2,292,182
EUR	525,000	g	Sappi Papier Holding GmbH		3.125		04/15/26		592,270
$	2,800,000	g	Transnet SOC Ltd		4.000		07/26/22		2,794,305
			TOTAL SOUTH AFRICA						14,022,183
SPAIN - 0.5%
	2,500,000	g	International Airport Finance S.A.		12.000		03/15/33		2,801,450
			TOTAL SPAIN						2,801,450
THAILAND - 0.4%
	2,200,000	g	Bangkok Bank PCL		4.050		03/19/24		2,311,555
			TOTAL THAILAND						2,311,555
TRINIDAD AND TOBAGO - 0.3%
	1,300,000	g	Trinidad Petroleum Holdings Ltd		9.750		06/15/26		1,454,375
			TOTAL TRINIDAD AND TOBAGO						1,454,375
TURKEY - 1.7%
	1,900,000	g	Akbank TAS		7.200		03/16/27		1,704,042
	500,000	g	Akbank TAS		6.797		04/27/28		426,822
	2,000,000	g	Turkiye Garanti Bankasi AS.		6.125		05/24/27		1,722,288
	2,050,000	g	Turkiye Is Bankasi		6.125		04/25/24		1,918,238
	1,800,000	g	Turkiye Sise ve Cam Fabrikalari AS.		6.950		03/14/26		1,823,503
	1,800,000	g	Yapi ve Kredi Bankasi AS.		5.850		06/21/24		1,687,284
			TOTAL TURKEY						9,282,177
UKRAINE - 0.9%
	2,125,000	g	MHP Lux S.A.		6.950		04/03/26		2,182,428
	2,400,000	g	Ukreximbank Via Biz Finance plc		9.750		01/22/25		2,550,000
			TOTAL UKRAINE						4,732,428
UNITED ARAB EMIRATES - 0.8%
	1,975,000	g	Abu Dhabi Crude Oil Pipeline LLC		4.600		11/02/47		2,237,148
	2,100,000	g	DP World Ltd		5.625		09/25/48		2,338,423
			TOTAL UNITED ARAB EMIRATES						4,575,571
UNITED STATES - 0.8%
	2,300,000	g	Hyundai Capital America		2.750		09/27/26		2,181,748
	1,900,000		Las Vegas Sands Corp		3.500		08/18/26		1,907,968
			TOTAL UNITED STATES						4,089,716
			TOTAL CORPORATE BONDS						258,425,963
			(Cost $250,603,679)

329

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
GOVERNMENT BONDS -  45.6%
ANGOLA - 1.0%
$	2,250,000	g	Angolan Government International Bond		8.250	%	05/09/28	$	2,395,420
	2,500,000	g	Angolan Government International Bond		9.375		05/08/48		2,769,747
			TOTAL ANGOLA						5,165,167
ARGENTINA - 1.9%
	2,850,000		Argentina Republic Government International Bond		5.625		01/26/22		2,462,400
	18,500,000	j	Argentina Treasury Bond BONCER		2.500		07/22/21		712,498
	2,000,000		Argentine Republic Government International Bond		7.500		04/22/26		1,714,000
	4,000,000		Argentine Republic Government International Bond		7.125		06/28/17		3,073,000
	2,650,000	g	Provincia de Buenos Aires		7.875		06/15/27		1,982,226
			TOTAL ARGENTINA						9,944,124
AZERBAIJAN - 0.7%
	2,000,000	g	Republic of Azerbaijan Government International Bond		5.125		09/01/29		2,108,508
	1,400,000	g	Southern Gas Corridor CJSC		6.875		03/24/26		1,644,216
			TOTAL AZERBAIJAN						3,752,724
BAHRAIN - 0.4%
	2,000,000	g	Bahrain Government International Bond		7.000		01/26/26		2,245,402
			TOTAL BAHRAIN						2,245,402
BARBADOS - 0.0%
	150,000	†,g,q	Barbados Government International Bond		7.000		08/04/22		96,187
			TOTAL BARBADOS						96,187
BERMUDA - 0.5%
	2,500,000	g	Bermuda Government International Bond		4.750		02/15/29		2,793,750
			TOTAL BERMUDA						2,793,750
BRAZIL - 2.1%
BRL	7,715,000		Brazil Notas do Tesouro Nacional Serie F		10.000		01/01/23		2,234,694
	7,200,000		Brazil Notas do Tesouro Nacional Serie F		10.000		01/01/25		2,142,408
$	2,150,000		Brazilian Government International Bond		7.125		01/20/37		2,749,334
	3,625,000		Brazilian Government International Bond		5.625		02/21/47		4,035,495
			TOTAL BRAZIL						11,161,931
COLOMBIA - 0.5%
COP	5,065,000,000		Colombian TES		7.000		05/04/22		1,630,470
	2,825,000,000		Colombian TES		7.500		08/26/26		956,247
			TOTAL COLOMBIA						2,586,717

330

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
COSTA RICA - 0.6%
$	500,000	g	Costa Rica Government International Bond		7.000	%	04/04/44	$	512,505
	2,500,000	g	Costa Rica Government International Bond		7.158		03/12/45		2,587,525
			TOTAL COSTA RICA						3,100,030
COTE D’IVOIRE - 0.6%
	3,190,000	g	Ivory Coast Government International Bond (Step Bond)		5.750		12/31/32		3,123,967
			TOTAL COTE D’IVOIRE						3,123,967
DOMINICAN REPUBLIC - 1.8%
	3,600,000	g	Dominican Republic Government International Bond		6.875		01/29/26		4,095,036
DOP	80,000,000	g	Dominican Republic Government International Bond		11.250		02/05/27		1,735,051
$	3,160,000	g	Dominican Republic Government International Bond		7.450		04/30/44		3,728,832
			TOTAL DOMINICAN REPUBLIC						9,558,919
ECUADOR - 2.5%
	2,000,000	g	Ecuador Government International Bond		9.650		12/13/26		2,155,000
	1,150,000	g	Ecuador Government International Bond		9.650		12/13/26		1,239,125
	1,750,000	g	Ecuador Government International Bond		8.875		10/23/27		1,804,687
	2,500,000	g	Ecuador Government International Bond		7.875		01/23/28		2,450,000
	3,500,000	g	Ecuador Government International Bond		10.750		01/31/29		3,920,000
	875,000	g	Petroamazonas EP		4.625		02/16/20		870,625
	625,000	g	Petroamazonas EP		4.625		11/06/20		617,300
			TOTAL ECUADOR						13,056,737
EGYPT - 2.5%
EGP	12,500,000		Egypt Government International Bond		16.000		06/11/22		758,530
$	3,875,000	g	Egypt Government International Bond		5.577		02/21/23		4,007,261
	2,200,000	g	Egypt Government International Bond		6.588		02/21/28		2,264,645
	1,450,000	g	Egypt Government International Bond		7.600		03/01/29		1,555,270
	2,550,000	g	Egypt Government International Bond		8.500		01/31/47		2,788,155
	1,500,000	g	Egypt Government International Bond		8.700		03/01/49		1,646,111
			TOTAL EGYPT						13,019,972
EL SALVADOR - 1.2%
	1,300,000	g	El Salvador Government International Bond		6.375		01/18/27		1,340,638
	3,100,000	g	El Salvador Government International Bond		7.625		02/01/41		3,348,031
	1,445,000	g	El Salvador Government International Bond		7.125		01/20/50		1,466,675
			TOTAL EL SALVADOR						6,155,344
GHANA - 1.0%
GHS	2,965,000	†,g	Citigroup Global Markets Holdings, Inc		24.500		06/28/21		597,014
$	2,825,000	g	Ghana Government International Bond		8.125		03/26/32		2,877,333
	2,000,000	g	Ghana Government International Bond		8.627		06/16/49		2,035,568
			TOTAL GHANA						5,509,915

331

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
GREECE - 0.5%
EUR	2,225,000	g	Hellenic Republic Government International Bond		1.875	%	07/23/26	$	2,488,968
			TOTAL GREECE						2,488,968
GUATEMALA - 1.0%
$	1,500,000	g	Guatemala Government International Bond		4.500		05/03/26		1,524,300
	1,650,000	g	Guatemala Government International Bond		4.375		06/05/27		1,662,375
	1,975,000	g	Guatemala Government International Bond		6.125		06/01/50		2,137,957
			TOTAL GUATEMALA						5,324,632
HONDURAS - 0.4%
	2,050,000	g	Honduras Government International Bond		6.250		01/19/27		2,216,583
			TOTAL HONDURAS						2,216,583
INDONESIA - 1.1%
	1,350,000	g	Indonesia Government International Bond		4.625		04/15/43		1,461,656
IDR	13,400,000,000		Indonesia Treasury Bond		8.250		07/15/21		989,441
	18,200,000,000		Indonesia Treasury Bond		8.375		09/15/26		1,384,249
	19,700,000,000		Indonesia Treasury Bond		8.375		03/15/34		1,492,815
			TOTAL INDONESIA						5,328,161
IRAQ - 1.0%
$	3,350,000	g	Iraq Government International Bond		6.752		03/09/23		3,464,855
	1,600,000	g	Iraq Government International Bond		5.800		01/15/28		1,588,320
			TOTAL IRAQ						5,053,175
JAMAICA - 1.5%
	3,950,000		Jamaica Government International Bond		8.000		03/15/39		5,006,664
	2,200,000		Jamaica Government International Bond		7.875		07/28/45		2,788,522
			TOTAL JAMAICA						7,795,186
JORDAN - 0.4%
	2,000,000	g	Jordan Government International Bond		7.375		10/10/47		2,131,072
			TOTAL JORDAN						2,131,072
KENYA - 1.0%
	1,450,000	g	Kenya Government International Bond		6.875		06/24/24		1,557,142
	2,250,000	g	Kenya Government International Bond		8.000		05/22/32		2,392,045
	1,325,000	g	Kenya Government International Bond		8.250		02/28/48		1,384,459
			TOTAL KENYA						5,333,646
LEBANON - 1.1%
	3,200,000		Lebanon Government International Bond		6.250		11/04/24		2,520,112
	3,800,000		Lebanon Government International Bond		6.850		03/23/27		2,964,293
			TOTAL LEBANON						5,484,405
MEXICO - 0.5%
MXN	51,100,000		Mexican Bonos		7.500		06/03/27		2,670,732
			TOTAL MEXICO						2,670,732

332

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
MONGOLIA - 0.3%
$	1,400,000	g	Mongolia Government International Bond		8.750	%	03/09/24	$	1,587,606
			TOTAL MONGOLIA						1,587,606
MOROCCO - 0.3%
	1,500,000	g	Morocco Government International Bond		5.500		12/11/42		1,751,118
			TOTAL MOROCCO						1,751,118
NIGERIA - 1.7%
	1,250,000	g	Nigeria Government International Bond		7.625		11/21/25		1,390,784
	4,475,000	g	Nigeria Government International Bond		6.500		11/28/27		4,583,067
	2,500,000	g	Nigeria Government International Bond		7.696		02/23/38		2,588,590
			TOTAL NIGERIA						8,562,441
OMAN - 1.0%
	1,500,000	g	Oman Government International Bond		5.375		03/08/27		1,467,482
	2,000,000	g	Oman Government International Bond		6.000		08/01/29		1,999,356
	1,200,000	g	Oman Government International Bond		6.500		03/08/47		1,111,481
	750,000	g	Oman Government International Bond		6.750		01/17/48		709,454
			TOTAL OMAN						5,287,773
PAKISTAN - 0.4%
	1,950,000	g	Pakistan Government International Bond		6.875		12/05/27		2,032,140
			TOTAL PAKISTAN						2,032,140
PANAMA - 0.5%
	2,400,000	g	Panama Notas del Tesoro		3.750		04/17/26		2,502,000
			TOTAL PANAMA						2,502,000
PARAGUAY - 0.8%
	2,525,000	g	Paraguay Government International Bond		4.700		03/27/27		2,752,250
	1,525,000	g	Paraguay Government International Bond		5.400		03/30/50		1,719,453
			TOTAL PARAGUAY						4,471,703
PERU - 0.4%
PEN	6,325,000	g	Peruvian Government International Bond		6.950		08/12/31		2,311,731
			TOTAL PERU						2,311,731
PHILIPPINES - 0.5%
PHP	105,000,000		Philippine Government International Bond		6.250		01/14/36		2,399,614
			TOTAL PHILIPPINES						2,399,614
POLAND - 0.3%
PLN	1,530,000		Republic of Poland Government International Bond		5.750		10/25/21		430,792
	4,900,000		Republic of Poland Government International Bond		2.750		10/25/29		1,334,578
			TOTAL POLAND						1,765,370

333

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
QATAR - 0.5%
$	2,100,000	g	Qatar Government International Bond		4.817	%	03/14/49	$	2,430,750
			TOTAL QATAR						2,430,750
REPUBLIC OF SERBIA - 0.7%
RSD	158,000,000		Serbia Treasury Bonds		5.750		07/21/23		1,636,548
	182,000,000		Serbia Treasury Bonds		5.875		02/08/28		1,982,840
			TOTAL REPUBLIC OF SERBIA						3,619,388
RUSSIA - 1.7%
RUB	170,300,000		Russian Federal Bond-OFZ		7.100		10/16/24		2,687,795
	1,600,000	g	Russian Foreign Bond - Eurobond		4.375		03/21/29		1,676,074
	2,000,000	g	Russian Foreign Bond - Eurobond		5.100		03/28/35		2,180,664
	2,000,000	g	Russian Foreign Bond - Eurobond		5.250		06/23/47		2,253,036
			TOTAL RUSSIA						8,797,569
RWANDA - 0.5%
	2,500,000	g	Rwanda Government International Bond		6.625		05/02/23		2,660,110
			TOTAL RWANDA						2,660,110
SENEGAL - 0.6%
	1,400,000	g	Senegal Government International Bond		6.250		05/23/33		1,389,384
	1,500,000	g	Senegal Government International Bond		6.750		03/13/48		1,446,055
			TOTAL SENEGAL						2,835,439
SOUTH AFRICA - 1.9%
	1,325,000	g	Eskom Holdings SOC Ltd		6.350		08/10/28		1,417,077
	1,150,000		Republic of South Africa Government International Bond		5.875		06/22/30		1,226,342
	2,350,000		South Africa Government International Bond		5.875		09/16/25		2,545,402
ZAR	59,300,000		South Africa Government International Bond		7.000		02/28/31		3,481,232
$	1,250,000		South Africa Government International Bond		5.375		07/24/44		1,228,670
			TOTAL SOUTH AFRICA						9,898,723
SRI LANKA - 1.4%
	1,850,000	g	Sri Lanka Government International Bond		6.850		11/03/25		1,884,521
	2,500,000	g	Sri Lanka Government International Bond		6.825		07/18/26		2,539,333
	2,500,000	g	Sri Lanka Government International Bond		7.550		03/28/30		2,555,550
			TOTAL SRI LANKA						6,979,404
THAILAND - 0.4%
THB	23,000,000		Thailand Government International Bond		2.400		12/17/23		768,695
	35,700,000		Thailand Government International Bond		3.400		06/17/36		1,381,563
			TOTAL THAILAND						2,150,258
TURKEY - 1.1%
$	2,300,000		Turkey Government International Bond		6.350		08/10/24		2,318,308
	2,850,000		Turkey Government International Bond		6.000		03/25/27		2,759,609
	1,000,000		Turkey Government International Bond		6.875		03/17/36		981,818
			TOTAL TURKEY						6,059,735

334

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
UKRAINE - 2.8%
UAH	38,000,000		Citigroup Global Markets Holdings, Inc		14.700	%	01/25/21	$	1,473,857
	37,000,000		Ukraine Government International Bond		15.840		02/26/25		1,507,749
$	5,950,000	g	Ukraine Government International Bond		7.750		09/01/25		6,287,365
	2,900,000	g	Ukraine Government International Bond		9.750		11/01/28		3,391,109
	2,320,000	g,i,j	Ukraine Government International Bond		0.000		05/31/40		1,972,000
			TOTAL UKRAINE						14,632,080
URUGUAY - 0.8%
UYU	17,300,000	g	Uruguay Government International Bond		9.875		06/20/22		509,208
$	2,000,000		Uruguay Government International Bond		4.375		10/27/27		2,177,520
	1,300,000		Uruguay Government International Bond		5.100		06/18/50		1,485,263
			TOTAL URUGUAY						4,171,991
UZBEKISTAN - 0.6%
	2,150,000	g	Republic of Uzbekistan Government International Bond		4.750		02/20/24		2,265,672
	1,250,000	g	Republic of Uzbekistan Government International Bond		5.375		02/20/29		1,338,660
			TOTAL UZBEKISTAN						3,604,332
ZAMBIA - 0.6%
	400,000	g	Zambia Government International Bond		5.375		09/20/22		280,600
	3,500,000	g	Zambia Government International Bond		8.500		04/14/24		2,516,210
	750,000	g	Zambia Government International Bond		8.970		07/30/27		535,328
			TOTAL ZAMBIA						3,332,138
			TOTAL GOVERNMENT BONDS						238,940,859
			(Cost $231,538,334)
			TOTAL BONDS						497,366,822
			(Cost $482,142,013)
SHARES			COMPANY
COMMON STOCKS - 0.1%
	151,162	*	Oi S.A. (ADR)						299,301
			TOTAL TELECOMMUNICATION SERVICES						299,301
			TOTAL COMMON STOCKS						299,301
			(Cost $1,044,573)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 4.0%
ARGENTINA - 0.2%
ARS	26,000,000	j	Argentina Treasury Bill		0.000		4/30/2020		684,414
	24,700,000	j	Argentina Treasury Bill		0.000		7/31/2020		552,396
			TOTAL ARGENTINA						1,236,810
EGYPT - 0.7%
EGP	8,600,000	j	Egypt Treasury Bills		0.000		09/24/19		507,082
	21,000,000	j	Egypt Treasury Bills		0.000		11/12/19		1,208,746
	39,500,000	j	Egypt Treasury Bills		0.000		12/03/19		2,251,853
			TOTAL EGYPT						3,967,681

335

TIAA-CREF FUNDS - Emerging Markets Debt Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
NIGERIA - 0.7%
NGN	798,000,000	j	Nigeria OMO Bill		0.000	%	09/12/19	$	2,174,746
	510,000,000	j	Nigeria OMO Bill		0.000		01/09/20		1,339,741
			TOTAL NIGERIA						3,514,487
UNITED STATES - 2.4%
$	12,450,000		Federal Home Loan Bank (FHLB)		2.150		08/01/19		12,450,000
			TOTAL UNITED STATES						12,450,000
			TOTAL SHORT-TERM INVESTMENTS						21,168,978
			(Cost $21,325,670)
			TOTAL INVESTMENTS - 99.0%						518,835,101
			(Cost $504,512,256)
			OTHER ASSETS & LIABILITIES, NET - 1.0%						5,421,985
			NET ASSETS - 100.0%					$	524,257,086
			Abbreviation(s):
	ADR		American Depositary Receipt
	ARS		Argentine Peso
	BRL		Brazilian Real
	COP		Colombian Peso
	DOP		Dominican Republic Peso
	EGP		Egyptian Pound
	EUR		Euro
	GHS		Ghanaian Cedi
	IDR		Indonesian Rupiah
	KZT		Kazakhstani Tenge
	MXN		Mexican Peso
	NGN		Nigerian Naira
	PEN		Peruvian Sol
	PHP		Philippine Peso
	PLN		Polish Zloty
	RSD		Serbian Dinar
	RUB		Russian Ruble
	THB		Thai Baht
	UAH		Ukrainian Hryvnia
	UYU		Uruguayan Peso
	ZAR		South African Rand

336

TIAA-CREF FUNDS - Emerging Markets Debt Fund

*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
‡	Perpetual security
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $382,025,387 or 72.9% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
i	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.
j	Zero coupon
o	Payment in Kind Bond
q	In default

Forward foreign currency contracts outstanding as of July 31, 2019 were as follows:

Currency to be purchased	Receive	Currency to be sold	Deliver	Counterparty	Settlement date	Unrealized appreciation (depreciation)
$	1,500,000	CNY	10,466,805	Australia and New Zealand Banking Group	11/19/19	$	(14,121)
CNY	10,301,850	$	1,500,000	Citibank N.A.	11/19/19		(9,741)
Total						$	(23,862)

	Abbreviation(s):
CNY	Chinese Yuan

Bilateral credit default swap contracts outstanding as of July 31, 2019 were as follows:

PURCHASED                                      

Reference entity	Terms of payments to be paid	Terms of payments to be received	Counterparty	Maturity date	Notional amount(*)	Value		Upfront premiums paid (received)		Unrealized appreciation (depreciation)
Petroleos Mexicanos, S.A.	1.000%	Credit event as specified in contract	Goldman Sachs & Co.	12/20/23	$2,000,000	$	183,018	$	134,655	$	48,363

*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.

337

TIAA-CREF FUNDS - Emerging Markets Debt Fund

TIAA-CREF FUNDS

EMERGING MARKETS DEBT FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

			% OF
SECTOR	VALUE		NET ASSETS
GOVERNMENT	$	238,940,859		45.6	%
UTILITIES		55,292,642		10.6
FINANCIALS		45,222,823		8.6
ENERGY		44,388,297		8.5
COMMUNICATION SERVICES		35,359,395		6.7
INDUSTRIALS		20,382,168		3.9
MATERIALS		20,337,343		3.9
CONSUMER DISCRETIONARY		10,127,199		1.9
CONSUMER STAPLES		9,842,298		1.9
INFORMATION TECHNOLOGY		8,730,736		1.7
REAL ESTATE		6,340,815		1.2
HEALTH CARE		2,701,548		0.5
SHORT-TERM INVESTMENTS		21,168,978		4.0
OTHER ASSETS & LIABILITIES, NET		5,421,985		1.0
NET ASSETS	$	524,257,086		100.0	%

338

TIAA-CREF FUNDS - International Bond Fund

TIAA-CREF FUNDS

INTERNATIONAL BOND FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2019

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 1.5%
AUSTRALIA - 0.1%
$	395,243	i	Hamilton Holdco LLC	LIBOR 3 M + 2.000%		4.330	%	07/02/25	$	394,748
			TOTAL AUSTRALIA							394,748
CANADA - 0.1%
	433,890	i	1011778 BC / New Red Finance, Inc	LIBOR 1 M + 2.250%		4.484		02/16/24		433,782
			TOTAL CANADA							433,782
IRELAND - 0.1%
	470,791	i	Avolon TLB Borrower  US LLC	LIBOR 1 M + 1.750%		4.022		01/15/25		471,747
			TOTAL IRELAND							471,747
LUXEMBOURG - 0.2%
	439,509	i	Ineos US Finance LLC	LIBOR 2 M + 2.000%		4.258		03/31/24		432,490
	244,375	i	Vouvray US Finance, LLC	LIBOR 1 M + 3.000%		5.234		03/11/24		212,484
			TOTAL LUXEMBOURG							644,974
UNITED STATES - 1.0%
	343,434	i	American Airlines, Inc	LIBOR 1 M + 2.000%		4.325		12/14/23		341,504
	308,201	i	Change Healthcare Holdings LLC	LIBOR 1 M + 2.500%		4.734		03/01/24		307,381
	494,962	i	Dell International LLC	LIBOR 1 M + 2.000%		4.240		09/07/23		496,125
	122,500	i	Endo Luxembourg Finance I Co Sarl	LIBOR 1 M + 4.250%		6.500		04/29/24		111,552
	248,125	i	HD Supply, Inc	LIBOR 1 M + 1.750%		3.984		10/17/23		248,559
	245,256	i	Mallinckrodt International Finance S.A.	LIBOR 3 M + 2.750%		5.080		09/24/24		208,196
	494,937	i	Nielsen Finance LLC	LIBOR 1 M + 2.000%		4.367		10/04/23		493,878
	459,534	i	Plantronics, Inc	LIBOR 1 M + 2.500%		4.734		07/02/25		459,419
	344,372	i	Sabre GLBL, Inc	LIBOR 1 M + 2.000%		4.234		02/22/24		345,137
	495,000	i	Samsonite IP Holdings Sarl	LIBOR 1 M + 1.750%		3.984		04/25/25		483,333
	334,145	i	Team Health Holdings, Inc	LIBOR 1 M + 2.750%		4.984		02/06/24		291,819
	459,343	i	Valeant Pharmaceuticals International, Inc	LIBOR 1 M + 3.000%		5.379		06/02/25		460,835
			TOTAL UNITED STATES							4,247,738
			TOTAL BANK LOAN OBLIGATIONS							6,192,989
			(Cost $6,341,120)

339

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
BONDS - 92.2%
CORPORATE BONDS - 20.7%
CANADA - 0.1%
EUR	250,000	g	Fairfax Financial Holdings Ltd		2.750	%	03/29/28	$	303,995
			TOTAL CANADA						303,995
CHILE - 0.5%
$	550,000	g	Banco del Estado de Chile		2.668		01/08/21		550,006
	300,000		Celulosa Arauco y Constitucion S.A.		3.875		11/02/27		304,128
	250,000	g	Celulosa Arauco y Constitucion S.A.		4.250		04/30/29		261,100
	425,000	g	Corp Nacional del Cobre de Chile-CODELCO		3.625		08/01/27		441,588
	450,000		Enel Chile S.A.		4.875		06/12/28		492,750
			TOTAL CHILE						2,049,572
CHINA - 0.4%
	200,000		Baidu, Inc		2.875		07/06/22		200,161
	250,000	g	Tencent Holdings Ltd		3.975		04/11/29		263,371
EUR	700,000	z	Three Gorges Finance II Cayman Islands Ltd		1.300		06/21/24		809,180
$	250,000		Weibo Corp		3.500		07/05/24		251,041
			TOTAL CHINA						1,523,753
COLOMBIA - 0.2%
	300,000		Ecopetrol S.A.		5.375		06/26/26		331,350
	550,000	g	Empresas Publicas de Medellin ESP		4.250		07/18/29		565,400
			TOTAL COLOMBIA						896,750
CZECH REPUBLIC - 0.1%
EUR	400,000	z	CEZ AS.		0.875		11/21/22		455,087
			TOTAL CZECH REPUBLIC						455,087
FRANCE - 0.2%
	850,000	g	Altice France S.A.		5.875		02/01/27		1,031,940
			TOTAL FRANCE						1,031,940
GERMANY - 0.2%
	750,000	g,o	IHO Verwaltungs GmbH		3.750		09/15/26		834,136
			TOTAL GERMANY						834,136
INDIA - 0.4%
$	575,000	g	Adani Ports & Special Economic Zone Ltd		3.375		07/24/24		574,290
	675,000	g	ICICI Bank Ltd		3.800		12/14/27		685,627
	200,000	z	Indian Railway Finance Corp Ltd		3.730		03/29/24		205,449
	300,000	z	Power Finance Corp Ltd		4.500		06/18/29		310,441
			TOTAL INDIA						1,775,807
INDONESIA - 0.4%
	500,000	z	Bank Mandiri Persero Tbk PT		3.750		04/11/24		514,025
	225,000	g	Pelabuhan Indonesia III Persero PT		4.500		05/02/23		236,363

340

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	200,000	g	Pertamina Persero PT		3.650	%	07/30/29	$	201,177
	225,000	g	Perusahaan Listrik Negara PT		4.875		07/17/49		229,404
			TOTAL INDONESIA						1,180,969
IRELAND - 0.2%
	850,000	g	James Hardie International Finance DAC		4.750		01/15/25		869,125
			TOTAL IRELAND						869,125
ISRAEL - 0.3%
	625,000	g	Israel Electric Corp Ltd		4.250		08/14/28		654,036
	600,000		Teva Pharmaceutical Finance Netherlands III BV		3.150		10/01/26		467,933
			TOTAL ISRAEL						1,121,969
JAPAN - 1.0%
EUR	500,000	z	Mitsubishi UFJ Financial Group, Inc		0.980		10/09/23		574,518
	500,000	z	Mitsubishi UFJ Financial Group, Inc		0.872		09/07/24		575,073
	500,000	z	Sumitomo Mitsui Financial Group, Inc		0.819		07/23/23		571,349
	500,000	z	Takeda Pharmaceutical Co Ltd		0.375		11/21/20		557,521
	1,400,000	z	Takeda Pharmaceutical Co Ltd		1.125		11/21/22		1,608,826
	500,000	z	Takeda Pharmaceutical Co Ltd		3.000		11/21/30		661,946
			TOTAL JAPAN						4,549,233
KAZAKHSTAN - 0.2%
$	475,000	g	KazTransGas JSC		4.375		09/26/27		494,075
	500,000	g	Tengizchevroil Finance Co International Ltd		4.000		08/15/26		510,625
			TOTAL KAZAKHSTAN						1,004,700
LUXEMBOURG - 0.2%
EUR	350,000	g	INEOS Finance plc		2.875		05/01/26		391,334
	500,000	z	ProLogis International Funding II S.A.		2.375		11/14/30		647,569
			TOTAL LUXEMBOURG						1,038,903
MEXICO - 0.6%
$	200,000	g	Grupo Bimbo SAB de C.V.		4.700		11/10/47		205,550
EUR	200,000		Petroleos Mexicanos		1.875		04/21/22		216,761
	400,000	z	Petroleos Mexicanos		3.625		11/24/25		425,116
$	650,000		Petroleos Mexicanos		5.350		02/12/28		597,350
	375,000	g	PLA Administradora Industrial S de RL de C.V.		4.962		07/18/29		372,563
	250,000	g	Sigma Alimentos S.A. de C.V.		4.125		05/02/26		254,750
			TOTAL MEXICO						2,072,090
NETHERLANDS - 0.1%
EUR	425,000	g	OCI NV		5.000		04/15/23		493,999
			TOTAL NETHERLANDS						493,999

341

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
PANAMA - 0.1%
$	550,000	g	Banco General S.A.		4.125	%	08/07/27	$	564,162
			TOTAL PANAMA						564,162
PERU - 0.1%
	550,000	g	Cerro del Aguila S.A.		4.125		08/16/27		562,375
			TOTAL PERU						562,375
PORTUGAL - 0.3%
EUR	1,000,000		EDP Finance BV		1.125		02/12/24		1,165,015
			TOTAL PORTUGAL						1,165,015
QATAR - 0.1%
$	300,000	z	QNB Finance Ltd		3.500		03/28/24		306,339
			TOTAL QATAR						306,339
RUSSIA - 0.1%
EUR	400,000	z	Gazprom OAO Via Gaz Capital S.A.		2.500		03/21/26		469,769
			TOTAL RUSSIA						469,769
SAUDI ARABIA - 0.1%
$	250,000	g	SABIC Capital II BV		4.000		10/10/23		261,669
			TOTAL SAUDI ARABIA						261,669
SINGAPORE - 0.0%
	200,000	g	United Overseas Bank Ltd		3.750		04/15/29		205,589
			TOTAL SINGAPORE						205,589
SOUTH AFRICA - 0.1%
	350,000		SASOL Financing USA LLC		6.500		09/27/28		394,097
			TOTAL SOUTH AFRICA						394,097
SUPRANATIONAL - 0.5%
	750,000	z	African Export-Import Bank		5.250		10/11/23		804,185
EUR	825,000		European Stability Mechanism		1.000		09/23/25		992,932
			TOTAL SUPRANATIONAL						1,797,117
SWEDEN - 0.2%
$	600,000	g	Stena AB		7.000		02/01/24		588,000
			TOTAL SWEDEN						588,000
SWITZERLAND - 0.5%
EUR	750,000	z	Cloverie plc for Zurich Insurance Co Ltd		1.500		12/15/28		918,276
	600,000	g,z	Credit Suisse Group AG.		1.250		07/17/25		694,706
	325,000		Tyco Electronics Group S.A.		1.100		03/01/23		374,353
			TOTAL SWITZERLAND						1,987,335

342

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
THAILAND - 0.1%
$	300,000	g	Bangkok Bank PCL		4.050	%	03/19/24	$	315,212
			TOTAL THAILAND						315,212
UNITED ARAB EMIRATES - 0.2%
	200,000	g	ADCB Finance Cayman Ltd		4.000		03/29/23		209,098
	400,000	g	DP World Ltd		5.625		09/25/48		445,414
			TOTAL UNITED ARAB EMIRATES						654,512
UNITED KINGDOM - 1.4%
GBP	1,050,000		BAE Systems plc		4.125		06/08/22		1,382,208
EUR	500,000	z	Barclays plc		0.625		11/14/23		551,850
	1,000,000	z	Coca-Cola European Partners plc		1.500		11/08/27		1,207,023
GBP	750,000		HSBC Holdings plc		2.175		06/27/23		928,864
EUR	750,000		RELX Capital, Inc		1.300		05/12/25		884,948
	750,000	g	Virgin Media Finance plc		4.500		01/15/25		857,722
			TOTAL UNITED KINGDOM						5,812,615
UNITED STATES - 11.8%
	200,000	z	Abbott Ireland Financing DAC		0.010		09/27/20		221,753
	500,000	z	Abbott Ireland Financing DAC		0.875		09/27/23		575,992
	500,000	z	Abbott Ireland Financing DAC		1.500		09/27/26		606,076
	950,000	g	Adient Global Holdings Ltd		3.500		08/15/24		844,460
	1,200,000		Allergan Funding SCS		1.250		06/01/24		1,387,898
	150,000		Allergan Funding SCS		2.625		11/15/28		191,205
GBP	575,000		AMC Entertainment Holdings, Inc		6.375		11/15/24		679,887
EUR	500,000		American International Group, Inc		1.500		06/08/23		583,149
	300,000		American Tower Corp		1.375		04/04/25		349,072
	600,000		American Tower Corp		1.950		05/22/26		722,667
	1,000,000	z	Amphenol Technologies Holding GmbH		2.000		10/08/28		1,234,938
	600,000		Aon plc		2.875		05/14/26		756,563
	1,125,000		Apple, Inc		1.375		05/24/29		1,389,427
	570,000	g	Aramark International Finance Sarl		3.125		04/01/25		649,901
	700,000		AT&T, Inc		1.300		09/05/23		814,942
	500,000		AT&T, Inc		2.350		09/05/29		636,696
$	500,000		AXA Equitable Holdings, Inc		5.000		04/20/48		528,588
EUR	700,000	g	Axalta Coating Systems Dutch Holding B BV		3.750		01/15/25		799,930
	350,000		Ball Corp		4.375		12/15/23		452,297
	500,000	z	Bank of America Corp		1.375		03/26/25		596,128
	500,000	z	Bank of America Corp		1.662		04/25/28		604,024
	430,000		Becton Dickinson and Co		1.401		05/24/23		497,330
	270,000		Becton Dickinson and Co		1.401		05/24/23		312,277
	670,000		Becton Dickinson and Co		1.900		12/15/26		801,827
	600,000		Bristol-Myers Squibb Co		1.000		05/15/25		703,098
	100,000		Capital One Financial Corp		0.800		06/12/24		112,858
	350,000		Chubb INA Holdings, Inc		0.875		06/15/27		403,533
	750,000		Chubb INA Holdings, Inc		1.550		03/15/28		909,113

343

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
EUR	350,000		Chubb INA Holdings, Inc		1.400	%	06/15/31	$	413,838
	500,000	z	Citigroup, Inc		1.500		07/24/26		594,057
	900,000		DH Europe Finance S.A.		1.200		06/30/27		1,050,162
	250,000		Digital Euro Finco LLC		2.625		04/15/24		305,527
	600,000		Digital Euro Finco LLC		2.500		01/16/26		733,692
GBP	100,000	z	Digital Stout Holding LLC		2.750		07/19/24		127,966
	200,000		Discovery Communications LLC		2.500		09/20/24		250,611
$	1,005,000		Enable Midstream Partners LP		4.950		05/15/28		1,041,340
	1,155,000		Energy Transfer Operating LP		5.250		04/15/29		1,289,312
	600,000		Ensco plc		7.750		02/01/26		438,000
EUR	400,000		FedEx Corp		1.000		01/11/23		456,768
	500,000		FedEx Corp		1.625		01/11/27		597,468
GBP	150,000		Fidelity National Information Services, Inc		1.700		06/30/22		185,645
EUR	375,000		Fidelity National Information Services, Inc		1.100		07/15/24		436,672
	775,000	z	Goldman Sachs Group, Inc		1.375		05/15/24		898,070
$	150,000	g	Hyundai Capital America		3.250		09/20/22		151,425
	500,000	g	Hyundai Capital America		2.750		09/27/26		474,293
EUR	750,000		Illinois Tool Works, Inc		1.250		05/22/23		873,031
	550,000	g	International Game Technology plc		4.750		02/15/23		680,079
	800,000	g	Iron Mountain, Inc		3.000		01/15/25		902,962
	500,000	z	JPMorgan Chase & Co		1.638		05/18/28		607,882
	450,000	g	Liberty Mutual Group, Inc		2.750		05/04/26		563,439
	650,000		Liberty Mutual Group, Inc		2.750		05/04/26		813,857
	500,000		McDonald’s Corp		0.900		06/15/26		580,467
$	850,000		MGM Resorts International		4.625		09/01/26		871,250
EUR	670,000		Morgan Stanley		1.342		10/23/26		786,796
GBP	600,000	z	New York Life Global Funding		1.750		12/15/22		747,229
EUR	650,000	g	OI European Group BV		3.125		11/15/24		785,928
	800,000		Parker-Hannifin Corp		1.125		03/01/25		919,163
	500,000		ProLogis LP		3.000		06/02/26		656,907
	500,000	g	Scientific Games International, Inc		3.375		02/15/26		560,406
	750,000		Silgan Holdings, Inc		3.250		03/15/25		854,967
	500,000		Simon International Finance S.C.A		1.250		05/13/25		589,373
	500,000		Stryker Corp		2.125		11/30/27		633,097
	450,000		Stryker Corp		2.625		11/30/30		596,788
	1,100,000		SYSCO Corp		1.250		06/23/23		1,264,513
	700,000		The Procter & Gamble Company		0.625		10/30/24		805,439
	500,000		The Procter & Gamble Company		1.875		10/30/38		669,839
	150,000		Thermo Fisher Scientific, Inc		1.400		01/23/26		179,185
	200,000		Thermo Fisher Scientific, Inc		1.400		01/23/26		238,913
	1,100,000		United Technologies Corp		1.150		05/18/24		1,278,546
	200,000		Verizon Communications, Inc		0.500		06/02/22		225,621
	400,000		Verizon Communications, Inc		1.375		10/27/26		480,313
	400,000		Verizon Communications, Inc		1.875		10/26/29		500,008
	600,000		Walmart, Inc		2.550		04/08/26		781,080
			TOTAL UNITED STATES						47,257,553
			TOTAL CORPORATE BONDS						83,543,387
			(Cost $82,035,109)

344

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
GOVERNMENT BONDS - 71.5%
ARGENTINA - 0.3%
$	1,175,000		Argentina Republic Government International Bond		5.625	%	01/26/22	$	1,015,200
			TOTAL ARGENTINA						1,015,200
AUSTRALIA - 1.4%
AUD	1,000,000		Australia Government International Bond		2.250		05/21/28		747,140
	3,300,000		Australia Government International Bond		3.000		03/21/47		2,814,738
	1,050,000	z	Treasury Corp of Victoria		2.500		10/22/29		773,929
	1,715,000		Western Australian Treasury Corp		2.750		07/24/29		1,286,554
			TOTAL AUSTRALIA						5,622,361
AUSTRIA - 0.5%
EUR	1,725,000	g	Republic of Austria Government International Bond		0.750		02/20/28		2,087,481
			TOTAL AUSTRIA						2,087,481
BELGIUM - 1.6%
	1,950,000	g	Kingdom of Belgium Government International Bond		0.900		06/22/29		2,377,428
	875,000		Kingdom of Belgium Government International Bond		1.250		04/22/33		1,113,532
	1,650,000	g	Kingdom of Belgium Government International Bond		1.600		06/22/47		2,231,492
	630,000	g,z	Kingdom of Belgium Government International Bond		1.700		06/22/50		866,854
			TOTAL BELGIUM						6,589,306
BERMUDA - 0.3%
$	950,000	g	Bermuda Government International Bond		4.750		02/15/29		1,061,625
			TOTAL BERMUDA						1,061,625
BRAZIL - 0.5%
BRL	7,200,000		Brazil Notas do Tesouro Nacional Serie F		10.000		01/01/23		2,085,521
			TOTAL BRAZIL						2,085,521
CANADA - 3.9%
CAD	1,700,000	g	Canada Housing Trust No 1		2.550		12/15/23		1,330,336
	1,550,000		Canadian Government International Bond		2.250		06/01/29		1,249,971
	6,160,000		Canadian Government International Bond		1.750		08/01/20		4,669,054
	1,300,000		Canadian Government International Bond		5.000		06/01/37		1,491,149
	1,650,000		Canadian Government International Bond		2.750		12/01/48		1,546,322
	1,350,000		Hydro-Quebec		4.000		02/15/55		1,394,935
	2,600,000		Province of British Columbia Canada		2.550		06/18/27		2,039,536
	1,600,000		Province of New Brunswick Canada		3.100		08/14/28		1,294,075
	1,000,000		Province of Quebec Canada		2.750		09/01/27		793,204
			TOTAL CANADA						15,808,582

345

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
CHINA - 0.4%
CNY	9,500,000		China Government International Bond		4.000	%	05/22/24	$	1,446,243
			TOTAL CHINA						1,446,243
COTE D’IVOIRE - 0.3%
EUR	1,000,000	g	Ivory Coast Government International Bond		6.625		03/22/48		1,124,872
			TOTAL COTE D’IVOIRE						1,124,872
CROATIA - 0.3%
	1,100,000	z	Croatia Government International Bond		1.125		06/19/29		1,243,780
			TOTAL CROATIA						1,243,780
CYPRUS - 0.9%
	300,000		Cyprus Government International Bond		2.750		06/27/24		375,163
	1,300,000	z	Cyprus Government International Bond		2.375		09/25/28		1,668,997
	575,000	z	Cyprus Government International Bond		2.750		02/26/34		783,496
	500,000	z	Cyprus Government International Bond		2.750		05/03/49		693,874
			TOTAL CYPRUS						3,521,530
DOMINICAN REPUBLIC - 0.2%
DOP	48,650,000	g	Dominican Republic Government International Bond		8.900		02/15/23		956,424
			TOTAL DOMINICAN REPUBLIC						956,424
EGYPT - 0.8%
$	550,000	g	Egypt Government International Bond		5.577		02/21/23		568,773
	900,000	g	Egypt Government International Bond		7.600		03/01/29		965,340
EUR	900,000	g	Egypt Government International Bond		6.375		04/11/31		1,056,233
$	675,000	g	Egypt Government International Bond		8.500		01/31/47		738,041
			TOTAL EGYPT						3,328,387
FRANCE - 4.3%
EUR	400,000		Caisse d’Amortissement de la Dette Sociale		1.375		11/25/24		486,083
	2,340,000		French Republic Government Bond OAT		1.000		05/25/21		2,623,432
	4,500,000		French Republic Government Bond OAT		0.500		05/25/25		5,287,257
	3,775,000		French Republic Government Bond OAT		0.750		11/25/28		4,564,688
	1,250,000		French Republic Government Bond OAT		1.250		05/25/34		1,603,038
	1,850,000	g	French Republic Government Bond OAT		2.000		05/25/48		2,748,887
			TOTAL FRANCE						17,313,385
GERMANY - 1.7%
	1,425,000		Bundesrepublik Deutschland		1.250		08/15/48		2,083,905
$	5,000,000		Kreditanstalt fuer Wiederaufbau		1.875		12/15/20		4,989,882
			TOTAL GERMANY						7,073,787
GHANA - 0.5%
	825,000	g	Ghana Government International Bond		8.125		03/26/32		840,283
	1,000,000	g	Ghana Government International Bond		8.627		06/16/49		1,017,784
			TOTAL GHANA						1,858,067

346

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
GREECE - 2.0%
EUR	2,900,000	g	Hellenic Republic Government International Bond		1.875	%	07/23/26	$	3,244,048
	2,525,000	g	Hellenic Republic Government International Bond		4.375		08/01/22		3,097,265
	1,300,000	g	Hellenic Republic Government International Bond		3.875		03/12/29		1,665,697
			TOTAL GREECE						8,007,010
GUATEMALA - 0.2%
$	775,000	g	Guatemala Government International Bond		6.125		06/01/50		838,945
			TOTAL GUATEMALA						838,945
HONDURAS - 0.4%
	1,375,000	g	Honduras Government International Bond		6.250		01/19/27		1,486,732
			TOTAL HONDURAS						1,486,732
INDIA - 0.1%
	400,000		Export-Import Bank of India		3.875		03/12/24		413,594
			TOTAL INDIA						413,594
INDONESIA - 0.6%
IDR	12,500,000,000		Indonesia Treasury Bond		7.500		05/15/38		869,890
$	1,700,000	g	Perusahaan Penerbit SBSN Indonesia III		3.900		08/20/24		1,772,012
			TOTAL INDONESIA						2,641,902
ISRAEL - 0.9%
ILS	5,250,000		Israel Government International Bond		5.500		01/31/42		2,353,414
	3,200,000		Israel Government International Bond		3.750		03/31/47		1,120,597
			TOTAL ISRAEL						3,474,011
ITALY - 4.7%
EUR	1,075,000		Italy Buoni Poliennali Del Tesoro		0.350		06/15/20		1,195,470
	3,300,000		Italy Buoni Poliennali Del Tesoro		0.050		04/15/21		3,657,785
	4,275,000		Italy Buoni Poliennali Del Tesoro		2.450		10/01/23		5,081,822
	3,950,000		Italy Buoni Poliennali Del Tesoro		1.250		12/01/26		4,412,154
	1,575,000	g	Italy Buoni Poliennali Del Tesoro		2.950		09/01/38		1,929,668
	900,000	g	Italy Buoni Poliennali Del Tesoro		3.450		03/01/48		1,180,614
	1,050,000	g	Italy Buoni Poliennali Del Tesoro		3.850		09/01/49		1,453,965
			TOTAL ITALY						18,911,478
JAPAN - 13.5%
JPY	13,000,000		Japan Finance Organization for Municipalities		0.440		08/15/25		123,206
	21,000,000		Japan Finance Organization for Municipalities		0.320		01/19/26		197,911
	30,000,000		Japan Finance Organization for Municipalities		0.145		02/16/26		279,645
	14,000,000		Japan Finance Organization for Municipalities		0.020		05/22/26		129,474
	119,600,000		Japan Government Five Year Bond		0.100		06/20/20		1,102,156
	628,000,000		Japan Government Five Year Bond		0.100		06/20/23		5,850,589

347

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
JPY	650,450,000		Japan Government Ten Year Bond		0.100	%	09/20/26	$	6,132,508
	557,000,000		Japan Government Ten Year Bond		0.100		06/20/28		5,264,072
	525,950,000		Japan Government Thirty Year Bond		2.500		09/20/34		6,628,483
	457,700,000		Japan Government Thirty Year Bond		0.500		09/20/46		4,415,688
	313,000,000		Japan Government Thirty Year Bond		0.700		06/20/48		3,167,981
	249,600,000		Japan Government Twenty Year Bond		1.900		03/22/21		2,373,345
	340,000,000		Japan Government Twenty Year Bond		2.100		03/20/26		3,618,239
	229,000,000		Japan Government Twenty Year Bond		1.800		09/20/31		2,584,919
	117,000,000		Japan Government Twenty Year Bond		1.700		03/20/32		1,315,150
	278,000,000		Japan Government Twenty Year Bond		0.600		12/20/36		2,765,286
	256,000,000		Japan Government Twenty Year Bond		0.500		06/20/38		2,497,427
	660,000,000		Japan Government Twenty Year Bond		0.700		09/20/38		6,662,445
			TOTAL JAPAN						55,108,524
KAZAKHSTAN - 0.2%
EUR	600,000	g	Kazakhstan Government International Bond		2.375		11/09/28		736,366
			TOTAL KAZAKHSTAN						736,366
KENYA - 0.2%
$	750,000	g	Kenya Government International Bond		7.000		05/22/27		784,846
			TOTAL KENYA						784,846
KOREA, REPUBLIC OF - 3.9%
	500,000		Export-Import Bank of Korea		3.000		11/01/22		509,770
	500,000	g	Korea Housing Finance Corp		2.000		10/11/21		494,792
KRW	5,764,500,000		Korea Treasury Bond		1.375		09/10/21		4,877,709
	2,220,000,000		Korea Treasury Bond		2.250		09/10/23		1,943,283
	1,800,000,000		Korea Treasury Bond		1.500		12/10/26		1,532,369
	2,655,000,000		Korea Treasury Bond		2.625		06/10/28		2,468,106
	1,600,000,000		Korea Treasury Bond		2.375		12/10/28		1,465,026
	2,815,000,000		Korea Treasury Bond		2.375		09/10/38		2,768,979
			TOTAL KOREA, REPUBLIC OF						16,060,034
LATVIA - 0.4%
EUR	1,100,000	z	Latvia Government International Bond		1.875		02/19/49		1,419,973
			TOTAL LATVIA						1,419,973
LEBANON - 0.3%
$	1,400,000	z	Lebanon Government International Bond		6.850		03/23/27		1,092,108
			TOTAL LEBANON						1,092,108
LITHUANIA - 0.3%
EUR	1,100,000	z	Republic of Lithuania		0.500		06/19/29		1,261,140
			TOTAL LITHUANIA						1,261,140
MALAYSIA - 0.6%
MYR	9,400,000		Malaysia Government International Bond		3.757		04/20/23		2,306,903
			TOTAL MALAYSIA						2,306,903

348

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
MEXICO - 0.8%
MXN	14,000,000		Mexican Bonos		8.000	%	12/07/23	$	749,233
	23,500,000		Mexican Bonos		5.750		03/05/26		1,122,261
EUR	1,100,000		Mexico Government International Bond		1.625		04/08/26		1,258,984
			TOTAL MEXICO						3,130,478
NETHERLANDS - 0.6%
EUR	1,075,000	g	Netherlands Government International Bond		2.000		07/15/24		1,350,550
	975,000	g	Netherlands Government International Bond		0.750		07/15/28		1,193,269
			TOTAL NETHERLANDS						2,543,819
NEW ZEALAND - 0.5%
NZD	1,700,000		New Zealand Government International Bond		3.000		04/20/29		1,272,472
	1,100,000		New Zealand Government International Bond		2.750		04/15/37		819,410
			TOTAL NEW ZEALAND						2,091,882
NIGERIA - 0.3%
$	1,325,000	g	Nigeria Government International Bond		6.500		11/28/27		1,356,997
			TOTAL NIGERIA						1,356,997
NORWAY - 0.9%
NOK	30,100,000	g	Norway Government International Bond		1.750		09/06/29		3,520,529
			TOTAL NORWAY						3,520,529
PANAMA - 0.3%
$	1,000,000	g	Panama Notas del Tesoro		3.750		04/17/26		1,042,500
			TOTAL PANAMA						1,042,500
PARAGUAY - 0.3%
	925,000	g	Paraguay Government International Bond		5.400		03/30/50		1,042,947
			TOTAL PARAGUAY						1,042,947
PERU - 0.4%
PEN	4,480,000	g	Peruvian Government International Bond		8.200		08/12/26		1,702,088
			TOTAL PERU						1,702,088
PHILIPPINES - 1.1%
PHP	45,000,000		Philippine Government International Bond		4.950		01/15/21		891,275
	40,000,000		Philippine Government International Bond		3.900		11/26/22		771,961
EUR	1,350,000		Philippine Government International Bond		0.875		05/17/27		1,532,856
$	1,250,000		Philippine Government International Bond		3.750		01/14/29		1,373,334
			TOTAL PHILIPPINES						4,569,426

349

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
POLAND - 1.3%
PLN	8,165,000		Poland Government International Bond		4.000	%	10/25/23	$	2,292,939
	3,335,000		Republic of Poland Government International Bond		2.250		10/25/24		874,443
	7,605,000		Republic of Poland Government International Bond		2.750		10/25/29		2,071,320
			TOTAL POLAND						5,238,702
PORTUGAL - 0.6%
EUR	1,800,000	g	Portugal Obrigacoes do Tesouro OT		1.950		06/15/29		2,301,161
			TOTAL PORTUGAL						2,301,161
QATAR - 0.3%
$	1,050,000	g	Qatar Government International Bond		4.817		03/14/49		1,215,375
			TOTAL QATAR						1,215,375
REPUBLIC OF SERBIA - 0.5%
EUR	600,000	g	Serbia Government International Bond		1.500		06/26/29		668,882
RSD	120,000,000		Serbia Treasury Bonds		5.875		02/08/28		1,307,367
			TOTAL REPUBLIC OF SERBIA						1,976,249
SAUDI ARABIA - 0.6%
$	2,000,000	g	Saudi Government International Bond		4.500		04/17/30		2,230,726
			TOTAL SAUDI ARABIA						2,230,726
SENEGAL - 0.3%
EUR	1,000,000	g	Senegal Government International Bond		4.750		03/13/28		1,155,680
			TOTAL SENEGAL						1,155,680
SINGAPORE - 0.2%
SGD	1,300,000		Singapore Government International Bond		2.625		05/01/28		999,997
			TOTAL SINGAPORE						999,997
SOUTH AFRICA - 0.5%
ZAR	10,700,000		South Africa Government International Bond		10.500		12/21/26		832,583
	16,500,000		South Africa Government International Bond		7.000		02/28/31		968,640
	7,800,000		South Africa Government International Bond		8.750		01/31/44		484,570
			TOTAL SOUTH AFRICA						2,285,793
SPAIN - 3.8%
EUR	1,100,000	z	Autonomous Community of Madrid Spain		1.571		04/30/29		1,353,760
	2,985,000		Spain Government International Bond		0.400		04/30/22		3,385,242
	4,600,000	g	Spain Government International Bond		2.750		10/31/24		5,899,398
	1,095,000	g	Spain Government International Bond		1.400		07/30/28		1,345,775
	1,100,000	g	Spain Government International Bond		1.850		07/30/35		1,421,164
	1,425,000	g	Spain Government International Bond		2.700		10/31/48		2,125,798
			TOTAL SPAIN						15,531,137

350

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
SRI LANKA - 0.3%
$	1,000,000	g	Sri Lanka Government International Bond		6.850	%	03/14/24	$	1,033,137
			TOTAL SRI LANKA						1,033,137
SUPRANATIONAL - 1.9%
NOK	9,000,000		Asian Development Bank		1.683		01/16/24		1,017,711
AUD	2,150,000		Inter-American Development Bank		4.750		08/27/24		1,718,560
NZD	3,177,000		International Bank for Reconstruction & Development		3.375		01/25/22		2,181,337
AUD	4,100,000		International Bank for Reconstruction & Development		2.200		02/27/24		2,920,403
			TOTAL SUPRANATIONAL						7,838,011
SWEDEN - 0.6%
SEK	6,750,000		Kommuninvest I Sverige AB		1.000		05/12/25		734,294
	11,605,000		Sweden Government International Bond		2.250		06/01/32		1,541,311
			TOTAL SWEDEN						2,275,605
THAILAND - 1.9%
THB	29,000,000		Thailand Government International Bond		3.650		12/17/21		985,752
	104,500,000		Thailand Government International Bond		2.400		12/17/23		3,492,549
	79,700,000		Thailand Government International Bond		3.300		06/17/38		3,098,294
			TOTAL THAILAND						7,576,595
TURKEY - 0.2%
$	1,000,000		Turkey Government International Bond		6.350		08/10/24		1,007,960
			TOTAL TURKEY						1,007,960
UKRAINE - 0.6%
UAH	31,000,000		Ukraine Government International Bond		17.000		05/11/22		1,262,019
EUR	1,000,000	g	Ukraine Government International Bond		6.750		06/20/26		1,203,571
			TOTAL UKRAINE						2,465,590
UNITED KINGDOM - 5.8%
GBP	4,950,000		United Kingdom Gilt		0.500		07/22/22		6,047,119
	2,425,000		United Kingdom Gilt		1.625		10/22/28		3,224,187
	1,230,000		United Kingdom Gilt		4.750		12/07/30		2,157,754
	3,350,000		United Kingdom Gilt		1.750		09/07/37		4,481,625
	3,035,000		United Kingdom Gilt		1.500		07/22/47		3,862,561
	975,000		United Kingdom Gilt		1.625		10/22/54		1,304,414
	1,600,000		United Kingdom Gilt		1.750		07/22/57		2,236,483
			TOTAL UNITED KINGDOM						23,314,143
URUGUAY - 0.3%
UYU	20,760,000	g	Uruguay Government International Bond		9.875		06/20/22		611,049

351

TIAA-CREF FUNDS - International Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
UYU	21,800,000	g	Uruguay Government International Bond		8.500	%	03/15/28	$	571,736
			TOTAL URUGUAY						1,182,785
UZBEKISTAN - 0.4%
$	1,450,000	g	Republic of Uzbekistan Government International Bond		4.750		02/20/24		1,528,011
			TOTAL UZBEKISTAN						1,528,011
			TOTAL GOVERNMENT BONDS						288,837,440
			(Cost $278,104,657)
			TOTAL BONDS						372,380,827
			(Cost $360,139,766)
SHORT-TERM INVESTMENTS - 2.9%
EGYPT - 1.3%
EGP	36,000,000	j	Egypt Treasury Bill		0.000		08/27/19		2,151,019
	34,350,000	j	Egypt Treasury Bill		0.000		03/03/20		1,879,941
	17,200,000	j	Egypt Treasury Bill		0.000		04/28/20		919,727
			TOTAL EGYPT						4,950,687
NIGERIA - 0.8%
NGN	600,000,000	j	Nigeria OMO Bill		0.000		09/12/19		1,635,147
	610,000,000	j	Nigeria OMO Bill		0.000		01/09/20		1,602,435
			TOTAL NIGERIA						3,237,582
UNITED STATES - 0.8%
$	3,270,000		Federal Home Loan Bank (FHLB)		2.150		08/01/19		3,270,000
			TOTAL UNITED STATES						3,270,000
			TOTAL SHORT-TERM INVESTMENTS						11,458,269
			(Cost $11,156,775)
			TOTAL INVESTMENTS - 96.6%						390,032,085
			(Cost $377,637,661)
			OTHER ASSETS & LIABILITIES, NET - 3.4%						13,897,963
			NET ASSETS - 100.0%					$	403,930,048

	Abbreviation(s):
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar

352

TIAA-CREF FUNDS - International Bond Fund

CNY	Chinese Yuan
DOP	Dominican Republic Peso
EGP	Egyptian Pound
EUR	Euro
GBP	Pound Sterling
IDR	Indonesian Rupiah
ILS	Israeli New Shekel
JPY	Japanese Yen
KRW	South Korean Won
LIBOR	London Interbank Offered Rate
M	Month
MXN	Mexican Peso
MYR	Malaysian Ringgit
NGN	Nigerian Naira
NOK	Norwegian Krone
NZD	New Zealand Dollar
PEN	Peruvian Sol
PHP	Philippine Peso
PLN	Polish Zloty
RSD	Serbian Dinar
SEK	Swedish Krona
SGD	Singapore Dollar
THB	Thai Baht
UAH	Ukrainian Hryvnia
UYU	Uruguayan Peso
ZAR	South African Rand
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 7/31/19, the aggregate value of these securities is $94,718,370 or 23.4% of net assets.
i	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.
j	Zero coupon
o	Payment in Kind Bond
z	All or a portion of this security is owned by TIAA-CREF International Bond Offshore Limited which is a 100% owned subsidiary of the fund.

Forward foreign currency contracts outstanding as of July 31, 2019 were as follows:

Currency to be purchased	Receive	Currency to be sold	Deliver	Counterparty	Settlement date	Unrealized appreciation (depreciation)
$	10,449,878	AUD	14,926,286	Australia and New Zealand Banking Group	8/30/2019	$	230,447
$	1,260,243	CAD	1,646,607	Australia and New Zealand Banking Group	8/30/2019		11,820
$	27,295,953	GBP	21,444,718	Australia and New Zealand Banking Group	8/30/2019		1,176,292
$	1,207,131	GBP	959,898	Australia and New Zealand Banking Group	8/30/2019		37,976
$	2,563,047	JPY	275,497,774	Australia and New Zealand Banking Group	8/30/2019		24,800
$	1,006,782	SGD	1,380,412	Australia and New Zealand Banking Group	8/30/2019		1,728
$	5,645,463	THB	174,243,259	Australia and New Zealand Banking Group	8/30/2019		(24,303	)
$	4,810,296	EUR	4,261,587	Australia and New Zealand Banking Group	9/30/2019		69,321
$	3,505,891	EUR	3,097,603	Australia and New Zealand Banking Group	9/30/2019		59,838
EUR	243,349	$	276,716	Australia and New Zealand Banking Group	9/30/2019		(5,993	)
EUR	220,309	$	248,365	Australia and New Zealand Banking Group	9/30/2019		(3,274	)
Total						$	1,578,652
$	3,468,243	ILS	12,209,155	Bank of America	8/30/2019		($15,260	)
Total							($15,260	)

353

TIAA-CREF FUNDS - International Bond Fund

Currency to be purchased	Receive	Currency to be sold	Deliver	Counterparty	Settlement date	Unrealized appreciation (depreciation)
$	14,726,331	CAD	19,284,104	Citibank, N.A.	8/30/2019	$	105,531
$	2,514,082	GBP	2,019,424	Citibank, N.A.	8/30/2019		54,425
$	44,890,298	JPY	4,811,103,806	Citibank, N.A.	8/30/2019		564,097
$	3,533,759	NOK	29,902,323	Citibank, N.A.	8/30/2019		154,377
$	4,360,294	NZD	6,511,934	Citibank, N.A.	8/30/2019		81,626
$	4,071,232	PLN	15,656,422	Citibank, N.A.	8/30/2019		28,705
$	2,340,293	SEK	21,574,466	Citibank, N.A.	8/30/2019		101,842
GBP	1,924,925	$	2,406,922	Citibank, N.A.	8/30/2019		(62,364	)
$	925,469	EUR	817,532	Citibank, N.A.	9/30/2019		15,973
EUR	12,615	$	14,286	Citibank, N.A.	9/30/2019		(251	)
Total						$	1,043,961
$	583,060	ZAR	8,313,564	Morgan Stanley	8/30/2019	$	5,678
$	139,189,126	EUR	122,867,092	Morgan Stanley	9/30/2019		2,500,659
Total						$	2,506,337
$	14,949,328	KRW	17,694,024,877	Toronto Dominion bank	8/30/2019	$	43,448
Total						$	43,448
Total						$	5,157,138

	Abbreviation(s):
AUD	Australian Dollar
CAD	Canadian Dollar
EUR	Euro
GBP	Pound Sterling
ILS	Israeli New Shekel
JPY	Japanese Yen
KRW	South Korean Won
NOK	Norwegian Krone
NZD	New Zealand Dollar
PLN	Polish Zloty
SEK	Swedish Krona
SGD	Singapore Dollar
THB	Thai Baht
ZAR	South African Rand

354

TIAA-CREF FUNDS - International Bond Fund

TIAA-CREF FUNDS

INTERNATIONAL BOND FUND

CONSOLIDATED SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2019

SECTOR	VALUE		% OF NET ASSETS
GOVERNMENT	$	288,837,440		71.5	%
FINANCIALS		21,244,952		5.3
HEALTH CARE		12,671,610		3.1
INDUSTRIALS		10,625,095		2.6
CONSUMER DISCRETIONARY		8,634,511		2.2
COMMUNICATION SERVICES		6,889,893		1.7
MATERIALS		6,742,652		1.7
INFORMATION TECHNOLOGY		6,201,689		1.5
UTILITIES		5,205,694		1.3
CONSUMER STAPLES		4,152,364		1.0
ENERGY		3,968,835		1.0
REAL ESTATE		3,399,081		0.8
SHORT-TERM INVESTMENTS		11,458,269		2.9
OTHER ASSETS & LIABILITIES, NET		13,897,963		3.4
NET ASSETS	$	403,930,048		100.0	%

355

TIAA-CREF FUNDS - Notes to Schedules of Investments (unaudited)

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 (“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

Portfolio investments are valued at their estimated fair value utilizing various valuation methods approved by the Board of Trustees (“Board”). U.S. GAAP establishes a hierarchy that prioritizes market inputs to valuation methods. The three levels of inputs are:

•  Level 1 – quoted prices in active markets for identical securities

•  Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.)

•  Level 3 – significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments)

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized as Level 3. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Any portfolio security for which market quotations are not readily available or for which the above valuation procedures are deemed not to reflect fair value are valued at fair value, as determined in good faith using procedures approved by the Board. To the extent the inputs are observable and timely, the values would be categorized as Level 2 of the fair value hierarchy; otherwise they would be categorized as Level 3. 

As of July 31, 2019, 100% of the value of investments in the International Bond Fund was valued based on Level 2 inputs.

The following table summarizes the market value of the Funds’ investments as of July 31, 2019, based on the inputs used to value them:

Fund	Level 1			Level 2		Level 3		Total
Growth & Income
Equity investments:
Communication services	$	738,376,804		$	25,835,203	$	—	$	764,212,007
Consumer discretionary		570,427,724			19,834,823		—		590,262,547
Consumer staples		523,921,514			35,934,109		—		559,855,623
Health care		916,272,233			128,712,580		—		1,044,984,813
Industrials		610,450,849			16,233,177		—		626,684,026
Information technology		1,552,945,817			20,412,361		—		1,573,358,178
All other equity investments*		1,502,234,276			—		—		1,502,234,276
Short-term investments		69,602,898			30,080,000		—		99,682,898
Purchased options**		9,600			—		—		9,600
Written options**		(11,239,561	)		—		—		(11,239,561	)
Total	$	6,473,002,154		$	277,042,253	$	—	$	6,750,044,407
Large-Cap Growth
Equity investments:
Communication services	$	893,897,804		$	78,454,329	$	—	$	972,352,133
Consumer discretionary		718,271,233			78,430,461		—		796,701,694
Health care		646,406,551			191,264,673		—		837,671,224
Industrials		171,873,581			96,817,208		—		268,690,789
Information technology		2,265,442,232			62,445,469		—		2,327,887,701
All other equity investments*		447,824,919			—		—		447,824,919
Short-term investments		32,797,468			27,638,833		—		60,436,301
Written options**		(2,964	)		—		—		(2,964	)
Total	$	5,176,510,824		$	535,050,973	$	—	$	5,711,561,797

356

TIAA-CREF FUNDS - Notes to Schedules of Investments (unaudited)

Fund	Level 1			Level 2		Level 3		Total
Large-Cap Value
Equity investments*	$	5,929,800,541		$	—	$	—	$	5,929,800,541
Short-term investments		—			53,522,857		—		53,522,857
Total	$	5,929,800,541		$	53,522,857	$	—	$	5,983,323,398
Mid-Cap Growth
Equity investments*	$	1,517,023,692		$	—	$	—	$	1,517,023,692
Short-term investments		678,985			17,434,195		—		18,113,180
Purchased options**		3,284,933			—		—		3,284,933
Written options**		(2,540,687	)		—		—		(2,540,687	)
Total	$	1,518,446,923		$	17,434,195	$	—	$	1,535,881,118
Mid-Cap Value
Equity investments:
Materials	$	217,284,591		$	7,295,125	$	—	$	224,579,716
Real estate		335,440,979			5,971,618		—		341,412,597
All other equity investments*		2,516,125,482			—		—		2,516,125,482
Short-term investments		—			4,770,000		—		4,770,000
Total	$	3,068,851,052		$	18,036,743	$	—	$	3,086,887,795
Quant Large-Cap Growth
Equity investments*	$	2,844,369,006		$	—	$	—	$	2,844,369,006
Short-term investments		—			4,540,000		—		4,540,000
Total	$	2,844,369,006		$	4,540,000	$	—	$	2,848,909,006
Quant Large-Cap Value
Equity investments*	$	2,626,751,035		$	—	$	—	$	2,626,751,035
Short-term investments		1,998,127			7,540,000		—		9,538,127
Total	$	2,628,749,162		$	7,540,000	$	—	$	2,636,289,162
Quant Small-Cap Equity
Equity investments*	$	3,102,941,163		$	—	$	—	$	3,102,941,163
Short-term investments		38,124,637			22,480,000		—		60,604,637
Total	$	3,141,065,800		$	22,480,000	$	—	$	3,163,545,800
Quant Small/Mid-Cap Equity
Equity investments*	$	693,602,984		$	—	$	—	$	693,602,984
Short-term investments		2,832,192			3,590,000		—		6,422,192
Total	$	696,435,176		$	3,590,000	$	—	$	700,025,176
Social Choice Equity
Equity investments:
Financials	$	682,074,398		$	3,635	$	—	$	682,078,033
All other equity investments*		3,935,084,316			—		—		3,935,084,316
Short-term investments		19,784,358			13,000,000		—		32,784,358
Futures contracts**		(120,997	)		—		—		(120,997	)
Total	$	4,636,822,075		$	13,003,635	$	—	$	4,649,825,710
Social Choice Low Carbon Equity
Equity investments:
Financials	$	31,618,376		$	141	$	—	$	31,618,517
All other equity investments*		179,288,217			—		—		179,288,217
Short-term investments		—			2,480,000		—		2,480,000
Futures contracts**		(26,096	)		—		—		(26,096	)
Total	$	210,880,497		$	2,480,141	$	—	$	213,360,638
Emerging Markets Equity
Equity investments:
Africa/Middle East	$	—		$	64,249,819	$	—	$	64,249,819
Asia		182,548,192			732,801,593		12,263		915,362,048
Europe		74,923,155			32,526,710		—		107,449,865
Latin America		73,475,387			154,434,258		—		227,909,645
All other equity investments*		29,968,512			130,370,584		3,383		160,342,479
Short-term investments		9,116,610			67,332,211		—		76,448,821
Total	$	370,031,856		$	1,181,715,175	$	15,646	$	1,551,762,677

357

TIAA-CREF FUNDS - Notes to Schedules of Investments (unaudited)

Fund	Level 1			Level 2		Level 3		Total
International Equity
Equity investments:
Asia	$	30,524,035		$	954,780,527	$	—	$	985,304,562
Europe		—			3,339,295,344		—		3,339,295,344
All other equity investments*		—			267,632,611		—		267,632,611
Short-term investments		72,972,945			41,744,986		—		114,717,931
Total	$	103,496,980		$	4,603,453,468	$	—	$	4,706,950,448
International Opportunities
Equity investments:
Asia	$	49,051,425		$	312,205,547	$	18,200	$	361,275,172
Australasia		—			71,120,514		—		71,120,514
Europe		—			726,962,697		—		726,962,697
Latin America		39,129,693			71,278,385		—		110,408,078
North America		21,459,407			179,961,231		—		201,420,638
All other equity investments*		—			178,871,938		1,574		178,873,512
Short-term investments		82,650,367			77,538,541		—		160,188,908
Total	$	192,290,892		$	1,617,938,853	$	19,774	$	1,810,249,519
Quant International Equity
Equity investments:
Asia	$	283,122		$	504,825,363	$	—	$	505,108,485
Australasia		—			143,413,187		—		143,413,187
Europe		50,816,364			950,448,158		—		1,001,264,522
All other equity investments*		34,501,514			143,638,798		—		178,140,312
Short-term investments		11,521,789			6,600,000		—		18,121,789
Total	$	97,122,789		$	1,748,925,506	$	—	$	1,846,048,295
Quant International Small-Cap Equity
Equity investments:
Africa/Middle East	$	—		$	20,552,212	$	—	$	20,552,212
Asia		10,410,150			315,240,771		—		325,650,921
Australasia		—			43,139,043		—		43,139,043
Europe		—			263,646,807		—		263,646,807
Latin America		—			27,731,904		—		27,731,904
North America		—			52,361,151		—		52,361,151
All other equity investments*		2,671,470			185,928,162		—		188,599,632
Short-term investments		38,998,083			9,340,000		—		48,338,083
Total	$	52,079,703		$	917,940,050	$	—	$	970,019,753
Social Choice International Equity
Equity investments:
Asia	$	—		$	54,344,435	$	—	$	54,344,435
Australasia		—			14,421,936		—		14,421,936
Europe		3,536,799			99,229,143		—		102,765,942
All other equity investments*		—			21,672,307		—		21,672,307
Short-term investments		167,607			3,300,000		—		3,467,607
Futures contracts**		(10,891	)		—		—		(10,891	)
Total	$	3,693,515		$	192,967,821	$	—	$	196,661,336
Equity Index
Equity investments:
Financials	$	2,911,493,255		$	4,489	$	—	$	2,911,497,744
Health care		2,912,965,726			3,568		1,193		2,912,970,487
Materials		623,446,771			—		54,153		623,500,924
All other equity investments*		14,891,048,010			—		—		14,891,048,010
Short-term investments		116,079,665			81,306,238		—		197,385,903
Futures contracts**		(195,732	)		—		—		(195,732	)
Total	$	21,454,837,695		$	81,314,295	$	55,346	$	21,536,207,336

358

TIAA-CREF FUNDS - Notes to Schedules of Investments (unaudited)

Fund	Level 1			Level 2			Level 3		Total
Large-Cap Growth Index
Equity investments*	$	7,369,772,798		$	—		$	—	$	7,369,772,798
Short-term investments		26,060,066			3,390,000			—		29,450,066
Total	$	7,395,832,864		$	3,390,000		$	—	$	7,399,222,864
Large-Cap Value Index
Equity investments*	$	6,640,075,432		$	—		$	—	$	6,640,075,432
Short-term investments		7,354,222			5,250,000			—		12,604,222
Total	$	6,647,429,654		$	5,250,000		$	—	$	6,652,679,654
S&P 500 Index
Equity investments*	$	5,226,987,853		$	—		$	—	$	5,226,987,853
Short-term investments		—			30,679,241			—		30,679,241
Futures contracts**		(204,635	)		—			—		(204,635	)
Total	$	5,226,783,218		$	30,679,241		$	—	$	5,257,462,459
Small-Cap Blend Index
Equity investments:
Financials	$	563,975,516		$	9,288		$	—	$	563,984,804
Health care		510,408,897			7,548			3,089		510,419,534
Materials		117,661,613			—			114,017		117,775,630
All other equity investments*		1,874,012,986			—			—		1,874,012,986
Short-term investments		144,483,879			18,390,000			—		162,873,879
Total	$	3,210,542,891		$	18,406,836		$	117,106	$	3,229,066,833
Emerging Markets Equity Index
Equity investments:
Africa/Middle East	$	—		$	132,536,787		$	—	$	132,536,787
Asia		192,608,170			1,473,298,451			35,646		1,665,942,267
Europe		41,370,127			53,740,916			—		95,111,043
Latin America		—			250,918,719			—		250,918,719
North America		61,230,372			797,582			—		62,027,954
All other equity investments*		18,102,978			220,491,276			921,423		239,515,677
Short-term investments		15,976,388			1,230,000			—		17,206,388
Total	$	329,288,035		$	2,133,013,731		$	957,069	$	2,463,258,835
International Equity Index Fund
Equity investments:
Asia	$	3,942,249		$	3,276,730,226		$	—	$	3,280,672,475
Australasia		—			948,523,725			—		948,523,725
Europe		48,610,894			6,517,974,903			—		6,566,585,797
All other equity investments*		41,079,480			1,005,639,361			—		1,046,718,841
Short-term investments		40,224,340			112,574,123			—		152,798,463
Futures contracts**		(1,264,264	)		—			—		(1,264,264	)
Total	$	132,592,699		$	11,861,442,338		$	—	$	11,994,035,037
Emerging Markets Debt
Africa/Middle East	$	—		$	122,523,345		$	597,014	$	123,120,359
Asia		—			105,768,408			—		105,768,408
Europe		—			69,018,134			—		69,018,134
Latin America		299,301			193,768,731			1,601,474		195,669,506
North America		—			4,089,716			—		4,089,716
Short-term investments		—			21,168,978			—		21,168,978
Credit default swap contracts**		—			48,363			—		48,363
Forward foreign currency contracts**		—			(23,862	)		—		(23,862	)
Total	$	299,301		$	516,361,813		$	2,198,488	$	518,859,602

*	For detailed categories, see the accompanying Schedules of Investments.
**	Derivative instruments, excluding purchased options, are not reflected in the market value of portfolio investments.

359