TIAA-CREF FUNDS - Growth & Income Fund

TIAA-CREF FUNDS
GROWTH & INCOME FUND
SCHEDULE OF INVESTMENTS (unaudited)
January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.6%
AUTOMOBILES & COMPONENTS - 2.3%
	265,804		Aptiv plc	$	35,511,415
	678,782		General Motors Co		34,400,672
	76,793	*	Tesla, Inc		60,937,549
			TOTAL AUTOMOBILES & COMPONENTS		130,849,636
BANKS - 4.2%
	2,768,253		Bank of America Corp		82,078,702
	257,272	n	Citigroup, Inc		14,919,203
	471,935		Citizens Financial Group, Inc		17,197,312
	869,400		JPMorgan Chase & Co		111,865,698
	732,612		Radian Group, Inc		14,066,150
			TOTAL BANKS		240,127,065
CAPITAL GOODS - 6.9%
	331,578	*	Builders FirstSource, Inc		12,682,859
	84,566	n	Carlisle Cos, Inc		12,256,150
	143,555		Deere & Co		41,458,684
	212,035		Dover Corp		24,699,957
	384,149		Eaton Corp		45,214,337
	2,396,661		General Electric Co		25,596,339
	146,399		HEICO Corp (Class A)		15,563,678
	321,197		Honeywell International, Inc		62,752,258
	366,842		ITT, Inc		27,406,766
	80,450		Jacobs Engineering Group, Inc		8,122,232
	69,978		Northrop Grumman Corp		20,056,395
	214,515		Otis Worldwide Corp		13,868,395
	222,987		Owens Corning, Inc		17,303,791
	193,126		Raytheon Technologies Corp		12,887,298
	79,077	*	Teledyne Technologies, Inc		28,231,280
	179,687		Trane Technologies plc		25,758,131
	136,467	*	Virgin Galactic Holdings, Inc		6,044,123
			TOTAL CAPITAL GOODS		399,902,673
COMMERCIAL & PROFESSIONAL SERVICES - 0.2%
	145,886	*	Stericycle, Inc		9,552,615
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		9,552,615
CONSUMER DURABLES & APPAREL - 1.8%
	134,306		Brunswick Corp		11,612,097
	342,945		Callaway Golf Co		9,564,736
	1,346,024	*	Mattel, Inc		24,389,955
	229,626		Nike, Inc (Class B)		30,675,737
	500,880	*	Tempur Sealy International, Inc		13,223,232
	77,700	n	Whirlpool Corp		14,381,493
			TOTAL CONSUMER DURABLES & APPAREL		103,847,250

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TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
CONSUMER SERVICES - 2.0%
	54,010	*	Airbnb, Inc	$	9,917,856
	233,323	*,n	Caesars Entertainment, Inc		16,423,606
	15,002	*,n	Chipotle Mexican Grill, Inc (Class A)		22,202,960
	59,834		Churchill Downs, Inc		11,215,883
	203,193	n	Darden Restaurants, Inc		23,751,230
	77,024	*	Flutter Entertainment plc		14,325,694
	153,582	n	Hilton Worldwide Holdings, Inc		15,571,679
			TOTAL CONSUMER SERVICES		113,408,908
DIVERSIFIED FINANCIALS - 2.7%
	209,399		Blackstone Group, Inc		14,069,519
	347,138		Discover Financial Services		28,999,909
	1,403,016		Equitable Holdings, Inc		34,766,736
	213,947		Lazard Ltd (Class A)		8,814,616
	812,171		Morgan Stanley		54,456,066
	249,181		Voya Financial, Inc		13,819,578
			TOTAL DIVERSIFIED FINANCIALS		154,926,424
ENERGY - 1.8%
	203,227	*	Cheniere Energy, Inc		12,870,366
	355,580	n	Chevron Corp		30,295,416
	1,115,211		EQT Corp		18,189,091
	389,078		Hess Corp		21,002,431
	182,297		Pioneer Natural Resources Co		22,039,707
			TOTAL ENERGY		104,397,011
FOOD & STAPLES RETAILING - 1.5%
	380,972	*	BJ’s Wholesale Club Holdings, Inc		16,027,492
	185,096	*	Performance Food Group Co		8,677,301
	280,619		Walmart, Inc		39,424,163
	44,850	*	Zur Rose Group AG.		20,567,097
			TOTAL FOOD & STAPLES RETAILING		84,696,053
FOOD, BEVERAGE & TOBACCO - 3.0%
	336,595		Coca-Cola Co		16,207,049
	67,544	*	Freshpet, Inc		9,409,555
	149,734		Hershey Co		21,777,313
	448,903		Kraft Heinz Co		15,042,740
	572,473		Mondelez International, Inc		31,737,903
	252,927	*	Monster Beverage Corp		21,961,651
	437,314		PepsiCo, Inc		59,723,973
			TOTAL FOOD, BEVERAGE & TOBACCO		175,860,184
HEALTH CARE EQUIPMENT & SERVICES - 6.7%
	213,845		Abbott Laboratories		26,429,103
	91,321		Anthem, Inc		27,120,510
	241,177		Danaher Corp		57,361,538
	57,861	*,n	DexCom, Inc		21,689,196
	440,085	*	Envista Holdings Corp		15,640,621
	101,602	*	Guardant Health, Inc		15,799,111
	58,281	n	Humana, Inc		22,328,034
	57,238	*	IDEXX Laboratories, Inc		27,398,686
	471,063		Medtronic plc		52,443,444
	126,491	n	STERIS plc		23,667,731

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TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	127,746		UnitedHealth Group, Inc	$	42,613,511
	55,377		West Pharmaceutical Services, Inc		16,584,858
	227,895		Zimmer Biomet Holdings, Inc		35,020,624
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		384,096,967
HOUSEHOLD & PERSONAL PRODUCTS - 1.9%
	94,735		Estee Lauder Cos (Class A)		22,419,038
	581,221		Procter & Gamble Co		74,518,344
	135,216		Reckitt Benckiser Group plc		11,463,395
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		108,400,777
INSURANCE - 2.0%
	219,213		Assurant, Inc		29,696,785
	102,062		Everest Re Group Ltd		21,543,247
	674,224		Hartford Financial Services Group, Inc		32,376,236
	614,992		Metlife, Inc		29,611,865
			TOTAL INSURANCE		113,228,133
MATERIALS - 3.8%
	617,257		CF Industries Holdings, Inc		25,542,095
	728,151	n	Corteva, Inc		29,024,099
	505,038		Dow, Inc		26,211,472
	394,244	n	DuPont de Nemours, Inc		31,322,686
	147,298		FMC Corp		15,950,900
	260,395		Linde plc		63,900,933
	211,831		PPG Industries, Inc		28,535,754
			TOTAL MATERIALS		220,487,939
MEDIA & ENTERTAINMENT - 9.6%
	110,693	*	Alphabet, Inc (Class C)		203,203,568
	877,518		Comcast Corp (Class A)		43,498,567
	393,599	*	Facebook, Inc		101,678,430
	108,697	*,n	Match Group, Inc		15,202,362
	102,081	*,n	Netflix, Inc		54,346,904
	384,678	*,n	Snap, Inc		20,364,853
	115,289	*,n	Take-Two Interactive Software, Inc		23,109,680
	473,653	*	Walt Disney Co		79,654,225
	166,425		World Wrestling Entertainment, Inc (Class A)		9,374,720
			TOTAL MEDIA & ENTERTAINMENT		550,433,309
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.4%
	72,291	*	10X Genomics, Inc		12,372,605
	619,329		AbbVie, Inc		63,468,836
	277,809	*	Acadia Pharmaceuticals, Inc		13,348,722
	670,011	*,n	Alkermes plc		14,063,531
	272,061		AstraZeneca plc		27,753,252
	1,038,136	*	Avantor, Inc		30,614,631
	158,513	*,n	Axsome Therapeutics, Inc		10,793,150
	146,513	*	Catalent, Inc		16,856,321
	445,733		Daiichi Sankyo Co Ltd		14,348,597
	145,855		Eli Lilly & Co		30,333,464
	255,756	*	Genmab A.S. (ADR)		10,148,398
	220,228		Gilead Sciences, Inc		14,446,957
	222,314	*	Horizon Therapeutics Plc		16,113,319
	100,081	*	Ionis Pharmaceuticals, Inc		6,011,866

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TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	102,677	*	IQVIA Holdings, Inc	$	18,255,971
	24,925		Lonza Group AG.		15,919,584
	475,814		Merck & Co, Inc		36,670,985
	99,929		Merck KGaA		16,655,045
	1,436,738		Pfizer, Inc		51,578,894
	46,955	*	Seagen, Inc		7,713,298
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		427,467,426
REAL ESTATE - 1.7%
	135,983		American Tower Corp		30,917,095
	16,505		Equinix, Inc		12,213,040
	335,939		Prologis, Inc		34,668,905
	199,225		Simon Property Group, Inc		18,513,979
			TOTAL REAL ESTATE		96,313,019
RETAILING - 8.5%
	75,932	*	Amazon.com, Inc		243,453,179
	104,445	n	Best Buy Co, Inc		11,365,705
	255,364	*,e,n	Children’s Place, Inc		18,761,593
	222,490		Dick’s Sporting Goods, Inc		14,909,055
	299,932	n	Expedia Group, Inc		37,221,561
	259,663	n	Home Depot, Inc		70,321,934
	132,172	e,n	Nordstrom, Inc		4,685,497
	548,651	*	Petco Health & Wellness Co, Inc		14,281,386
	251,008		Target Corp		45,475,119
	1,988,150	*	THG Holdings Ltd		19,640,502
	411,537	*,n	Urban Outfitters, Inc		11,288,460
			TOTAL RETAILING		491,403,991
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 6.8%
	392,796	*	Advanced Micro Devices, Inc		33,639,049
	65,194		Broadcom, Inc		29,369,897
	178,427	*	Cree, Inc		18,035,401
	114,160	*,n	Enphase Energy, Inc		20,817,076
	917,916	n	Intel Corp		50,953,517
	549,524		Marvell Technology Group Ltd		28,278,505
	70,924		Monolithic Power Systems, Inc		25,198,588
	104,981		NVIDIA Corp		54,547,078
	171,484		NXP Semiconductors NV		27,518,038
	409,419		QUALCOMM, Inc		63,984,001
	197,095		Taiwan Semiconductor Manufacturing Co Ltd (ADR)		23,950,984
	57,286		Universal Display Corp		13,222,755
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		389,514,889
SOFTWARE & SERVICES - 11.7%
	37,052	*	Affirm Holdings, Inc		3,690,009
	140,971	*	Anaplan, Inc		9,402,766
	147,044	*	Check Point Software Technologies		18,783,400
	362,070	*	Fiserv, Inc		37,180,968
	121,187	*	Liveperson, Inc		7,678,408
	191,703	n	Mastercard, Inc (Class A)		60,633,742
	1,448,960		Microsoft Corp		336,100,762
	97,225	*,n	nCino, Inc		6,971,032
	216,640	*	Nuance Communications, Inc		9,865,786
	233,868	*	PayPal Holdings, Inc		54,797,611
	149,046	*	Qualtrics International, Inc		6,558,024

4

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	281,178	*	salesforce.com, Inc	$	63,422,510
	72,167	*	ServiceNow, Inc		39,198,228
	80,550	*	Synopsys, Inc		20,576,497
			TOTAL SOFTWARE & SERVICES		674,859,743
TECHNOLOGY HARDWARE & EQUIPMENT - 9.1%
	2,873,246	n	Apple, Inc		379,153,542
	283,878	*	Calix, Inc		8,573,116
	215,417	*	Ciena Corp		11,501,114
	472,334		Cisco Systems, Inc		21,056,650
	124,585	n	Cognex Corp		10,232,166
	401,196		Corning, Inc		14,390,900
	232,273	*	Keysight Technologies, Inc		32,887,534
	121,221	*,n	Lumentum Holdings, Inc		11,370,530
	310,004		TE Connectivity Ltd		37,324,481
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		526,490,033
TELECOMMUNICATION SERVICES - 1.1%
	176,156	*	T-Mobile US, Inc		22,209,748
	741,241		Verizon Communications, Inc		40,582,945
			TOTAL TELECOMMUNICATION SERVICES		62,792,693
TRANSPORTATION - 1.4%
	447,580		Delta Air Lines, Inc		16,990,137
	140,019		DSV AS		21,846,502
	502,648	*	InPost S.A.		12,077,767
	209,260		United Parcel Service, Inc (Class B)		32,435,300
			TOTAL TRANSPORTATION		83,349,706
UTILITIES - 1.5%
	162,002		Eversource Energy		14,175,175
	630,194		NextEra Energy, Inc		50,963,789
	529,309		RWE AG.		22,738,202
			TOTAL UTILITIES		87,877,166
			TOTAL COMMON STOCKS		5,734,283,610
			(Cost $2,982,762,630)
PURCHASED OPTIONS - 0.0%
CAPITAL GOODS - 0.0%
	16,500		Boeing Co		108,900
			TOTAL CAPITAL GOODS		108,900
MATERIALS - 0.0%
	62,000		DuPont de Nemours, Inc		300,080
			TOTAL MATERIALS		300,080
TECHNOLOGY HARDWARE & EQUIPMENT - 0.0%
	50,000		Lumentum Holdings, Inc		467,500
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		467,500
			TOTAL PURCHASED OPTIONS (Cost $1,341,321)		876,480

5

TIAA-CREF FUNDS - Growth & Income Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.6%
GOVERNMENT AGENCY DEBT - 0.1%
$	5,182,000		Federal Home Loan Bank (FHLB)		0.075	%	02/03/21	$	5,181,988
			TOTAL GOVERNMENT AGENCY DEBT						5,181,988
REPURCHASE AGREEMENT - 0.5%
	30,965,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		30,965,000
			TOTAL REPURCHASE AGREEMENT						30,965,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.0%
	110,770	c	State Street Navigator Securities Lending		0.060				110,770
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						110,770
			TOTAL SHORT-TERM INVESTMENTS						36,257,758
			(Cost $36,257,748)
			TOTAL INVESTMENTS - 100.2%						5,771,417,848
			(Cost $3,020,361,699)
			OTHER ASSETS & LIABILITIES, NET - (0.2)%						(12,741,759	)
			NET ASSETS - 100.0%					$	5,758,676,089
			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 $315,760.
		n	All or a portion of these securities have been segregated by the custodian to cover requirements on open written options contracts.
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $30,965,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $31,584,375.

Purchased options outstanding as of January 31, 2021 were as follows:

Description/underlying investment	Number of contracts	Notional amount		Exercise price		Expiration date	Value
Boeing Co, Call	165	$	500,781	$	250.00	05/21/21	$	108,900
DuPont de Nemours, Inc, Call	620		325,522		87.50	07/16/21		300,080
Lumentum Holdings, Inc, Call	500		515,018		100.00	06/18/21		467,500
Total	1,285	$	1,341,321				$	876,480

6

TIAA-CREF FUNDS - Growth & Income Fund

Written options outstanding as of January 31, 2021 were as follows:

Description/underlying investment	Number of contracts	Notional amount			Exercise price		Expiration date	Value
Alkermes plc, Put	1,000	$	(144,811	)	$	14.00	05/21/21	$	(80,000	)
American Superconductor Corp, Put	1,000		(38,963	)		19.00	02/19/21		(37,500	)
Apple, Inc, Call	1,268		(1,361,921	)		150.00	09/17/21		(1,356,760	)
Apple, Inc, Put	1,848		(1,785,543	)		105.00	06/18/21		(705,936	)
Apple, Inc, Put	1,268		(447,511	)		110.00	06/18/21		(608,640	)
Arcturus Therapeutics Holdings, Inc, Put	1,000		(1,468,312	)		45.00	06/18/21		(730,000	)
Axsome Therapeutics, Inc, Put	700		(96,573	)		57.50	03/19/21		(220,500	)
Best Buy Co, Inc, Call	400		(52,385	)		125.00	02/19/21		(18,800	)
Biogen, Inc, Put	150		(559,272	)		250.00	03/19/21		(75,000	)
Boeing Co, Call	165		(334,607	)		280.00	05/21/21		(58,575	)
Boeing Co, Put	167		(524,687	)		205.00	05/21/21		(465,930	)
Caesars Entertainment, Inc, Call	444		(41,275	)		90.00	02/19/21		(26,418	)
Carlisle Cos, Inc, Call	260		(72,269	)		170.00	03/19/21		(42,250	)
Carlisle Cos, Inc, Put	260		(85,269	)		125.00	03/19/21		(63,050	)
CarMax, Inc, Put	500		(56,541	)		80.00	02/19/21		(9,000	)
Chevron Corp, Call	222		(72,806	)		105.00	03/19/21		(8,658	)
Chevron Corp, Put	222		(51,717	)		80.00	03/19/21		(65,934	)
Chevron Corp, Put	222		(220,433	)		72.50	06/18/21		(76,590	)
Children’s Place, Inc, Call	615		(583,428	)		80.00	06/18/21		(768,750	)
Children’s Place, Inc, Put	722		(262,665	)		30.00	03/19/21		(55,955	)
Children’s Place, Inc, Put	615		(193,871	)		40.00	06/18/21		(150,675	)
Children’s Place, Inc, Put	750		(278,967	)		45.00	06/18/21		(266,250	)
Chipotle Mexican Grill, Inc, Call	44		(299,375	)		1,600.00	06/18/21		(448,756	)
Chipotle Mexican Grill, Inc, Put	44		(115,597	)		1,000.00	06/18/21		(69,960	)
Citigroup, Inc, Call	445		(171,207	)		75.00	09/17/21		(87,220	)
Citigroup, Inc, Put	291		(90,972	)		52 .50	09/17/21		(139,680	)
Citigroup, Inc, Put	154		(57,046	)		55.00	09/17/21		(89,320	)
Cognex Corp, Put	600		(29,378	)		68.00	02/19/21		(30,000	)
Corteva, Inc, Call	800		(92,329	)		50.00	06/18/21		(72,000	)
Corteva, Inc, Put	800		(97,249	)		34.00	06/18/21		(144,000	)
Darden Restaurants, Inc, Call	300		(25,189	)		140.00	02/19/21		(10,500	)
DexCom, Inc, Put	320		(868,504	)		320.00	03/19/21		(297,600	)
DuPont de Nemours, Inc, Call	620		(153,734	)		95.00	07/16/21		(202,740	)
DuPont de Nemours, Inc, Put	620		(178,534	)		67.50	07/16/21		(228,780	)
Enphase Energy, Inc, Call	300		(656,975	)		240.00	05/21/21		(550,500	)
Enphase Energy, Inc, Call	100		(254,791	)		250.00	05/21/21		(168,000	)
Enphase Energy, Inc, Put	200		(111,590	)		130.00	02/19/21		(39,800	)
Enphase Energy, Inc, Put	200		(229,588	)		130.00	05/21/21		(231,400	)
Enphase Energy, Inc, Put	200		(219,588	)		140.00	05/21/21		(294,000	)
Expedia Group, Inc, Call	320		(290,849	)		175.00	07/16/21		(153,600	)
Expedia Group, Inc, Put	320		(254,057	)		115.00	07/16/21		(454,400	)
FireEye, Inc, Put	1,000		(28,014	)		15.00	02/19/21		(8,000	)
Freeport-McMoRan, Inc, Put	1,000		(36,963	)		24.00	02/19/21		(52,000	)
Hilton Worldwide Holdings, Inc, Call	320		(28,468	)		125.00	02/19/21		(4,800	)
Home Depot, Inc, Call	240		(320,802	)		300.00	04/16/21		(109,200	)
Home Depot, Inc, Put	240		(216,135	)		250.00	04/16/21		(178,560	)
Humana, Inc, Call	160		(237,575	)		480.00	05/21/21		(50,800	)
IAC/InterActive Corp, Put	300		(158,386	)		135.00	03/19/21		(13,500	)
Intel Corp, Call	1,000		(56,073	)		70.00	03/19/21		(23,000	)
Intel Corp, Put	1,000		(38,973	)		47.50	03/19/21		(68,000	)
Kirby Corp, Put	900		(829,623	)		45.00	03/19/21		(130,500	)
Lumentum Holdings, Inc, Call	500		(294,976	)		110.00	06/18/21		(330,000	)
Lumentum Holdings, Inc, Put	500		(249,977	)		80.00	06/18/21		(275,000	)

7

TIAA-CREF FUNDS - Growth & Income Fund

Description/underlying investment	Number of contracts	Notional amount			Exercise price		Expiration date		Value
Mastercard, Inc, Call	120	$	(21,816	)	$	390.00	02/05/21	$	(360	)
Match Group, Inc, Call	230		(41,193	)		172.50	02/19/21		(17,135	)
Menora Mivtachim Holdings Ltd, Call	250		(39,505	)		155.00	02/19/21		(10,000	)
Menora Mivtachim Holdings Ltd, Put	600		(14,438	)		45.00	02/19/21		(49,500	)
nCino, Inc, Put	666		(68,260	)		60.00	02/19/21		(36,630	)
NetFlix, Inc, Call	160		(27,730	)		680.00	02/05/21		(1,280	)
NetFlix, Inc, Put	160		(14,992	)		500.00	02/05/21		(47,360	)
Nevro Corp, Put	100		(35,688	)		125.00	03/19/21		(22,250	)
Nordstrom, Inc, Call	1,320		(292,986	)		50.00	04/16/21		(191,400	)
Nordstrom, Inc, Put	1,980		(554,317	)		30.00	07/16/21		(827,640	)
Roku, Inc, Put	150		(173,446	)		295.00	04/16/21		(173,446	)
Snap, Inc, Call	580		(34,778	)		70.00	02/05/21		(38,860	)
STERIS plc, Put	230		(42,681	)		175.00	02/19/21		(62,100	)
Take-Two Interactive Software, Inc, Put	250		(22,241	)		160.00	02/19/21		(33,750	)
Take-Two Interactive Software, Inc, Put	100		(11,496	)		165.00	02/19/21		(16,750	)
Teradata Corp, Put	1,665		(480,366	)		22.50	04/16/21		(199,800	)
Twitter, Inc, Put	900		(238,463	)		41.00	03/19/21		(153,900	)
Universal Health Services, Inc, Put	332		(222,755	)		110.00	07/16/21		(255,640	)
Urban Outfitters, Inc, Put	1,600		(71,941	)		24.00	02/19/21		(112,000	)
Whirlpool Corp, Put	250		(47,877	)		170.00	02/19/21		(63,250	)
Wynn Resorts Ltd, Put	225		(35,728	)		95.00	02/19/21		(100,800	)
Wynn Resorts Ltd, Put	225		(341,505	)		77.50	03/19/21		(51,975	)
Wynn Resorts Ltd, Put	450		(329,827	)		87.50	06/18/21		(417,375	)
XPO Logistics, Inc, Put	400		(77,184	)		100.00	02/19/21		(92,000	)
Total	40,579	$	(18,667,556	)				$	(13,821,988	)

8

TIAA-CREF FUNDS - Large-Cap Growth Fund

TIAA-CREF FUNDS

LARGE-CAP GROWTH FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.4%
AUTOMOBILES & COMPONENTS - 1.6%
	134,872	*	Tesla, Inc	$	107,024,978
			TOTAL AUTOMOBILES & COMPONENTS		107,024,978
BANKS - 0.2%
	508,902	*,e	Rocket Cos, Inc		10,870,147
			TOTAL BANKS		10,870,147
CAPITAL GOODS - 1.8%
	1,245,070	*	Churchill Capital Corp IV		30,491,764
	460,200	*	Liberty Media Acquisition Corp		5,752,500
	214,641		Roper Technologies Inc		84,334,596
			TOTAL CAPITAL GOODS		120,578,860
COMMERCIAL & PROFESSIONAL SERVICES - 2.7%
	213,438	*	Cimpress plc		19,506,099
	1,289,450	*	Clarivate Analytics plc		37,316,683
	1,474,914		Experian Group Ltd		51,552,089
	701,318		Waste Connections, Inc		69,086,836
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		177,461,707
CONSUMER DURABLES & APPAREL - 2.1%
	206,638		Essilor International S.A.		29,230,531
	448,789		Nike, Inc (Class B)		59,953,723
	155,503	*	Peloton Interactive, Inc		22,723,653
	4,326,800		Prada S.p.A		26,587,611
			TOTAL CONSUMER DURABLES & APPAREL		138,495,518
CONSUMER SERVICES - 3.1%
	39,290	*	Airbnb, Inc		7,214,823
	2,228,101		Carnival Corp		41,598,646
	45,816	*	Chipotle Mexican Grill, Inc (Class A)		67,807,680
	279,434	*	Flutter Entertainment plc		51,971,928
	666,061		Las Vegas Sands Corp		32,030,873
			TOTAL CONSUMER SERVICES		200,623,950
DIVERSIFIED FINANCIALS - 0.9%
	506,824	*	Ribbit LEAP Ltd		7,146,218
	157,911		S&P Global, Inc		50,057,787
			TOTAL DIVERSIFIED FINANCIALS		57,204,005
FOOD & STAPLES RETAILING - 2.2%
	400,218		Costco Wholesale Corp		141,048,830
			TOTAL FOOD & STAPLES RETAILING		141,048,830
FOOD, BEVERAGE & TOBACCO - 2.3%
	62,524		Constellation Brands, Inc (Class A)		13,188,187

9

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	2,603,461		Davide Campari-Milano NV	$	27,982,881
	1,037,503		Keurig Dr Pepper, Inc		32,992,596
	912,114	*	Monster Beverage Corp		79,198,859
			TOTAL FOOD, BEVERAGE & TOBACCO		153,362,523
HEALTH CARE EQUIPMENT & SERVICES - 5.1%
	497,710		Alcon, Inc		35,719,337
	134,754	*	Align Technology, Inc		70,797,056
	831,779	*	Boston Scientific Corp		29,478,248
	325,974		Cigna Corp		70,752,657
	44,996	*	DexCom, Inc		16,866,751
	162,576	*	GoodRx Holdings, Inc		7,579,293
	274,816	*	Guardant Health, Inc		42,733,888
	81,135	*	Intuitive Surgical, Inc		60,659,771
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		334,587,001
HOUSEHOLD & PERSONAL PRODUCTS - 0.7%
	193,894		Estee Lauder Cos (Class A)		45,885,015
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		45,885,015
INSURANCE - 0.1%
	196,969	*,e	Root, Inc		3,969,910
			TOTAL INSURANCE		3,969,910
MATERIALS - 0.4%
	122,089		Linde plc		29,960,641
			TOTAL MATERIALS		29,960,641
MEDIA & ENTERTAINMENT - 16.7%
	195,095	*	Alphabet, Inc (Class C)		358,143,695
	439,152		Electronic Arts, Inc		62,886,566
	1,073,720	*	Facebook, Inc		277,374,088
	453,296	*	IAC/InterActive Corp		95,169,495
	629,161	*	Match Group, Inc		87,994,458
	82,688	*	Netflix, Inc		44,022,264
	635,800		Tencent Holdings Ltd		56,651,862
	910,054	*	Twitter, Inc		45,985,029
	348,966	*	Walt Disney Co		58,685,612
			TOTAL MEDIA & ENTERTAINMENT		1,086,913,069
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.0%
	131,724	*	10X Genomics, Inc		22,544,563
	503,821		AstraZeneca plc		51,395,354
	2,836,564	*	Avantor, Inc		83,650,272
	24,155		Eli Lilly & Co		5,023,515
	234,342	*	Horizon Therapeutics Plc		16,985,108
	236,070	*	Illumina, Inc		100,669,691
	65,222		Lonza Group AG.		41,657,257
	529,958		Merck & Co, Inc		40,843,863
	213,438	*	Vertex Pharmaceuticals, Inc		48,894,377
	702,406		Zoetis, Inc		108,346,126
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		520,010,126
RETAILING - 13.6%
	64,354	*	Alibaba Group Holding Ltd (ADR)		16,334,976

10

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	160,591	*	Amazon.com, Inc	$	514,886,864
	406,708	*	ASOS plc		24,849,786
	53,136	*	Booking Holdings, Inc		103,313,919
	586,302	*	CarMax, Inc		69,054,649
	286,713	*	Driven Brands Holdings, Inc		8,056,635
	385,688	*	GrubHub, Inc		29,030,736
	375,704	*	JD.com, Inc (ADR)		33,321,188
	606,730	*	Petco Health & Wellness Co, Inc		15,793,182
	1,082,959		TJX Companies, Inc		69,352,694
			TOTAL RETAILING		883,994,629
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 8.4%
	710,449		Applied Materials, Inc		68,686,209
	156,784		Broadcom, Inc		70,631,192
	1,187,866		Intel Corp		65,938,442
	1,036,961		Marvell Technology Group Ltd		53,362,013
	210,406		NVIDIA Corp		109,324,854
	476,298		QUALCOMM, Inc		74,435,851
	138,267		Skyworks Solutions, Inc		23,401,690
	678,987		Taiwan Semiconductor Manufacturing Co Ltd (ADR)		82,510,500
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		548,290,751
SOFTWARE & SERVICES - 22.1%
	18,173	*	Adobe, Inc		8,337,227
	28,217	*,g	Adyen NV		58,946,021
	40,505	*	Affirm Holdings, Inc		4,033,893
	101,650	*	DocuSign, Inc		23,673,269
	259,869		Intuit, Inc		93,872,479
	1,682,198		Microsoft Corp		390,202,648
	1,166,469	*	PayPal Holdings, Inc		273,315,351
	212,405	*	Qualtrics International, Inc		9,345,820
	967,579	*	salesforce.com, Inc		218,247,119
	174,902	*	ServiceNow, Inc		94,999,770
	608,955	*	Slack Technologies, Inc		25,679,632
	132,500	*	Synopsys, Inc		33,847,125
	1,057,631		Visa, Inc (Class A)		204,387,191
			TOTAL SOFTWARE & SERVICES		1,438,887,545
TECHNOLOGY HARDWARE & EQUIPMENT - 4.7%
	2,306,496		Apple, Inc		304,365,212
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		304,365,212
TELECOMMUNICATION SERVICES - 1.5%
	538,008	g	Cellnex Telecom SAU		31,518,542
	44,000	*,g	Kuaishou Technology		659,206
	500,041	*	T-Mobile US, Inc		63,045,169
			TOTAL TELECOMMUNICATION SERVICES		95,222,917
TRANSPORTATION - 1.2%
	1,545,671	*	Uber Technologies, Inc		78,721,024
			TOTAL TRANSPORTATION		78,721,024
			TOTAL COMMON STOCKS		6,477,478,358
			(Cost $3,793,065,550)

11

TIAA-CREF FUNDS - Large-Cap Growth Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.4%
GOVERNMENT AGENCY DEBT - 0.1%
$	3,829,000		Federal Home Loan Bank (FHLB)		0.060	%	02/17/21	$	3,828,932
			TOTAL GOVERNMENT AGENCY DEBT						3,828,932
REPURCHASE AGREEMENT - 0.2%
	15,990,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		15,990,000
			TOTAL REPURCHASE AGREEMENT						15,990,000
	SHARES		COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.1%
	5,610,502	c	State Street Navigator Securities Lending		0.060				5,610,502
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						5,610,502
			TOTAL SHORT-TERM INVESTMENTS						25,429,434
			(Cost $25,429,400)
			TOTAL INVESTMENTS - 99.8%						6,502,907,792
			(Cost $3,818,494,950)
			OTHER ASSETS & LIABILITIES, NET - 0.2%						13,297,674
			NET ASSETS - 100.0%					$	6,516,205,466
			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 $14,626,408.
		g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/2021, the aggregate value of these securities is $91,123,769 or 1.4% of net assets.
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $15,990,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $16,309,817.

12

TIAA-CREF FUNDS - Large-Cap Value Fund

TIAA-CREF FUNDS

LARGE-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.6%
AUTOMOBILES & COMPONENTS - 0.3%
	336,458		General Motors Co	$	17,051,691
			TOTAL AUTOMOBILES & COMPONENTS		17,051,691
BANKS - 12.0%
	5,293,510		Bank of America Corp		156,952,572
	1,973,031		Citigroup, Inc		114,416,068
	1,627,735		JPMorgan Chase & Co		209,440,662
	363,596		PNC Financial Services Group, Inc		52,183,298
	1,156,281		US Bancorp		49,546,641
	741,864		Wells Fargo & Co		22,166,896
			TOTAL BANKS		604,706,137
CAPITAL GOODS - 14.0%
	207,987		Allegion plc		22,256,689
	158,815		Boeing Co		30,840,285
	292,040		Caterpillar, Inc		53,396,594
	364,969		Deere & Co		105,403,047
	438,058		Dover Corp		51,029,376
	442,483		Eaton Corp		52,080,249
	588,505		Honeywell International, Inc		114,976,222
	1,106,228		Masco Corp		60,079,243
	296,473		Parker-Hannifin Corp		78,449,720
	717,896		Raytheon Technologies Corp		47,905,200
	162,404		Stanley Black & Decker, Inc		28,175,470
	448,628		Trane Technologies plc		64,310,824
			TOTAL CAPITAL GOODS		708,902,919
CONSUMER DURABLES & APPAREL - 1.5%
	16,847	*	NVR, Inc		74,909,849
			TOTAL CONSUMER DURABLES & APPAREL		74,909,849
CONSUMER SERVICES - 2.1%
	559,518		Hilton Worldwide Holdings, Inc		56,729,530
	236,729		McDonald’s Corp		49,201,755
			TOTAL CONSUMER SERVICES		105,931,285
DIVERSIFIED FINANCIALS - 5.9%
	630,157		American Express Co		73,262,053
	330,533	*	Berkshire Hathaway, Inc (Class B)		75,318,555
	78,683		BlackRock, Inc		55,177,240
	356,187		Goldman Sachs Group, Inc		96,587,229
			TOTAL DIVERSIFIED FINANCIALS		300,345,077
ENERGY - 3.3%
	878,589		Chevron Corp		74,855,783
	1,078,839		ConocoPhillips		43,185,925

13

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
	606,175		EOG Resources, Inc	$	30,890,678
	347,705		Valero Energy Corp		19,620,993
			TOTAL ENERGY		168,553,379
FOOD & STAPLES RETAILING - 1.7%
	596,298		Walmart, Inc		83,773,906
			TOTAL FOOD & STAPLES RETAILING		83,773,906
FOOD, BEVERAGE & TOBACCO - 1.5%
	864,138		Mondelez International, Inc		47,907,811
	209,980		PepsiCo, Inc		28,676,968
			TOTAL FOOD, BEVERAGE & TOBACCO		76,584,779
HEALTH CARE EQUIPMENT & SERVICES - 8.3%
	220,332		Anthem, Inc		65,434,197
	356,555		Cigna Corp		77,390,263
	336,287		HCA Healthcare, Inc		54,639,912
	618,578		Medtronic plc		68,866,289
	223,482		UnitedHealth Group, Inc		74,549,125
	508,857		Zimmer Biomet Holdings, Inc		78,196,055
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		419,075,841
HOUSEHOLD & PERSONAL PRODUCTS - 1.1%
	418,222		Procter & Gamble Co		53,620,243
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		53,620,243
INSURANCE - 4.2%
	1,493,477		American International Group, Inc		55,915,779
	553,107		Chubb Ltd		80,571,097
	389,388		Marsh & McLennan Cos, Inc		42,797,635
	442,991		Prudential Financial, Inc		34,677,335
			TOTAL INSURANCE		213,961,846
MATERIALS - 4.1%
	356,285		Ball Corp		31,360,206
	707,978	*	Crown Holdings, Inc		63,824,217
	412,042		DuPont de Nemours, Inc		32,736,737
	429,209		PPG Industries, Inc		57,818,744
	167,212		Reliance Steel & Aluminum Co		19,409,969
			TOTAL MATERIALS		205,149,873
MEDIA & ENTERTAINMENT - 8.3%
	63,418	*	Alphabet, Inc (Class C)		116,418,960
	73,922	*	Charter Communications, Inc		44,912,050
	2,782,583		Comcast Corp (Class A)		137,932,639
	725,643	*	Walt Disney Co		122,031,383
			TOTAL MEDIA & ENTERTAINMENT		421,295,032
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.5%
	146,691		Amgen, Inc		35,415,608
	1,039,055		Bristol-Myers Squibb Co		63,829,149
	1,004,453		Johnson & Johnson		163,856,418
	652,668		Merck & Co, Inc		50,301,123
	1,884,778		Pfizer, Inc		67,663,530
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		381,065,828

14

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 1.0%
	478,351		Prologis, Inc	$	49,365,823
			TOTAL REAL ESTATE		49,365,823
RETAILING - 2.6%
	17,490	*	Booking Holdings, Inc		34,006,332
	353,970		Home Depot, Inc		95,862,155
			TOTAL RETAILING		129,868,487
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 6.9%
	357,358		Analog Devices, Inc		52,649,554
	870,596		Applied Materials, Inc		84,169,221
	1,330,263		Intel Corp		73,842,899
	56,701		Lam Research Corp		27,440,449
	710,596	*	Micron Technology, Inc		55,618,349
	353,997		NXP Semiconductors NV		56,805,899
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		350,526,371
SOFTWARE & SERVICES - 3.4%
	269,527		Accenture plc		65,203,972
	358,774		Microsoft Corp		83,221,217
	424,786		Oracle Corp		25,669,818
			TOTAL SOFTWARE & SERVICES		174,095,007
TECHNOLOGY HARDWARE & EQUIPMENT - 2.6%
	1,019,008		Cisco Systems, Inc		45,427,377
	720,064		TE Connectivity Ltd		86,695,705
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		132,123,082
TELECOMMUNICATION SERVICES - 1.7%
	393,353	*	T-Mobile US, Inc		49,593,946
	652,808		Verizon Communications, Inc		35,741,238
			TOTAL TELECOMMUNICATION SERVICES		85,335,184
TRANSPORTATION - 2.8%
	433,632		CSX Corp		37,186,112
	408,855		Union Pacific Corp		80,736,597
	162,483		United Parcel Service, Inc (Class B)		25,184,865
			TOTAL TRANSPORTATION		143,107,574
UTILITIES - 2.8%
	530,980		American Electric Power Co, Inc		42,961,592
	1,914,301		Centerpoint Energy, Inc		40,372,608
	464,609		Entergy Corp		44,291,176
	177,094		NextEra Energy, Inc		14,321,592
			TOTAL UTILITIES		141,946,968
			TOTAL COMMON STOCKS		5,041,296,181
			(Cost $3,715,728,531)

15

TIAA-CREF FUNDS - Large-Cap Value Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.4%
GOVERNMENT AGENCY DEBT - 0.2%
$	7,486,000		Federal Home Loan Bank (FHLB)		0.060	%	02/17/21	$	7,485,867
			TOTAL GOVERNMENT AGENCY DEBT						7,485,867
REPURCHASE AGREEMENT - 0.2%
	10,775,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		10,775,000
			TOTAL REPURCHASE AGREEMENT						10,775,000
			TOTAL SHORT-TERM INVESTMENTS						18,260,867
			(Cost $18,260,801)
			TOTAL INVESTMENTS - 100.0%						5,059,557,048
			(Cost $3,733,989,332)
			OTHER ASSETS & LIABILITIES, NET - 0.0%						1,561,013
			NET ASSETS - 100.0%					$	5,061,118,061
		*	Non-income producing
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $10,775,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $10,990,518.

16

TIAA-CREF FUNDS - Mid-Cap Growth Fund

TIAA-CREF FUNDS

MID-CAP GROWTH FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 97.5%
AUTOMOBILES & COMPONENTS - 0.8%
	98,529		Aptiv plc	$	13,163,475
			TOTAL AUTOMOBILES & COMPONENTS		13,163,475
CAPITAL GOODS - 3.2%
	83,376		Ametek, Inc		9,443,166
	115,426	*	Liberty Media Acquisition Corp		1,442,825
	97,938		Owens Corning, Inc		7,599,989
	21,359	*	Teledyne Technologies, Inc		7,625,376
	34,617	*	TransDigm Group, Inc		19,152,894
	21,820		W.W. Grainger, Inc		7,950,990
			TOTAL CAPITAL GOODS		53,215,240
COMMERCIAL & PROFESSIONAL SERVICES - 4.5%
	119,679	*	Cimpress plc		10,937,464
	797,328	*	Clarivate Analytics plc		23,074,672
	323,024		Experian Group Ltd		11,290,531
	123,631	*	Stericycle, Inc		8,095,358
	219,415		Waste Connections, Inc		21,614,572
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		75,012,597
CONSUMER DURABLES & APPAREL - 5.8%
	274,464	*	Capri Holdings Ltd		11,434,170
	109,017		Garmin Ltd		12,521,693
	45,150	*	Lululemon Athletica, Inc		14,839,902
	149,819	*	Peloton Interactive, Inc		21,893,050
	1,452,600		Prada S.p.A		8,926,034
	558,499	*	Tempur Sealy International, Inc		14,744,373
	797,879	*	Under Armour, Inc (Class C)		11,944,249
			TOTAL CONSUMER DURABLES & APPAREL		96,303,471
CONSUMER SERVICES - 4.0%
	17,344	*	Chipotle Mexican Grill, Inc (Class A)		25,669,120
	64,922	*	Flutter Entertainment plc		12,074,842
	96,812		Royal Caribbean Cruises Ltd		6,292,780
	121,618	*	Shake Shack, Inc		13,793,914
	92,610		Wynn Resorts Ltd		9,217,473
			TOTAL CONSUMER SERVICES		67,048,129
DIVERSIFIED FINANCIALS - 2.6%
	139,988		Discover Financial Services		11,694,597
	33,812		MSCI, Inc (Class A)		13,365,884
	143,338		Tradeweb Markets, Inc		8,713,517
	179,783		Voya Financial, Inc		9,970,765
			TOTAL DIVERSIFIED FINANCIALS		43,744,763

17

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
FOOD, BEVERAGE & TOBACCO - 2.2%
	81,099	*,e	Beyond Meat, Inc	$	14,442,110
	775,527		Davide Campari-Milano NV		8,335,627
	257,912		Fevertree Drinks plc		8,625,961
	69,186	*	Monster Beverage Corp		6,007,421
			TOTAL FOOD, BEVERAGE & TOBACCO		37,411,119
HEALTH CARE EQUIPMENT & SERVICES - 12.3%
	214,629	*	1Life Healthcare, Inc		10,860,227
	79,944	*	Align Technology, Inc		42,000,979
	59,088	*	Eargo, Inc		3,106,847
	291,984	*	GoodRx Holdings, Inc		13,612,294
	125,976	*	Guardant Health, Inc		19,589,268
	32,844	*	IDEXX Laboratories, Inc		15,721,766
	69,782	*	Insulet Corp		18,644,355
	119,516	*	Molina Healthcare, Inc		25,529,813
	69,820	*	Nevro Corp		11,296,178
	192,755	*	Oak Street Health, Inc		9,998,202
	40,036		Teleflex, Inc		15,118,794
	63,384		West Pharmaceutical Services, Inc		18,982,874
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		204,461,597
HOUSEHOLD & PERSONAL PRODUCTS - 0.4%
	30,335		Clorox Co		6,353,969
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		6,353,969
INSURANCE - 1.7%
	482,980	*,e	Root, Inc		9,734,462
	159,572	*	Trupanion, Inc		17,903,978
			TOTAL INSURANCE		27,638,440
MATERIALS - 0.2%
	124,765	*	Axalta Coating Systems Ltd		3,367,407
			TOTAL MATERIALS		3,367,407
MEDIA & ENTERTAINMENT - 6.6%
	34,381	*	Bilibili, Inc (ADR)		3,915,652
	157,713	*	IAC/InterActive Corp		33,111,844
	84,711	*	Liberty Broadband Corp (Class C)		12,372,042
	167,205	*	Match Group, Inc		23,385,291
	55,887	*	Take-Two Interactive Software, Inc		11,202,549
	524,384	*	Twitter, Inc		26,497,124
			TOTAL MEDIA & ENTERTAINMENT		110,484,502
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.2%
	114,005	*	10X Genomics, Inc		19,511,956
	46,429	*	Alkermes plc		974,545
	883,740	*	Avantor, Inc		26,061,493
	99,570	*	Berkeley Lights, Inc		7,169,040
	189,674	*	BioMarin Pharmaceutical, Inc		15,701,214
	145,358	*	Catalent, Inc		16,723,438
	472,852	*	Elanco Animal Health, Inc		13,726,893
	107,991	*	Exact Sciences Corp		14,812,045
	295,790	*	Horizon Therapeutics Plc		21,438,859
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		136,119,483

18

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 0.4%
	203,715		Americold Realty Trust	$	7,111,691
			TOTAL REAL ESTATE		7,111,691
RETAILING - 10.3%
	251,429	*,g	Allegro.eu S.A.		4,961,016
	159,575	*	ASOS plc		9,750,004
	14,561	*	AutoZone, Inc		16,284,586
	52,462	*	Burlington Stores, Inc		13,057,792
	142,076	*	CarMax, Inc		16,733,711
	149,819	*	Dollar Tree, Inc		15,230,600
	72,495	*	Driven Brands Holdings, Inc		2,037,110
	106,666		Expedia Group, Inc		13,237,251
	352,795	*	Farfetch Ltd		21,605,166
	58,569	*	Five Below, Inc		10,292,330
	211,004	*	Groupon, Inc		7,210,007
	164,090	*	GrubHub, Inc		12,351,054
	152,397	*	Petco Health & Wellness Co, Inc		3,966,894
	791,000	*	THG Holdings Ltd		7,814,117
	199,468	*	Trip.com Group Ltd (ADR)		6,349,066
	242,263	*	Vipshop Holdings Ltd (ADR)		6,642,851
	123,957	*	Vroom, Inc		4,565,336
			TOTAL RETAILING		172,088,891
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 6.4%
	121,131		Entegris, Inc		11,918,079
	433,637		Marvell Technology Group Ltd		22,314,960
	76,102		MKS Instruments, Inc		12,029,443
	76,221		Monolithic Power Systems, Inc		27,080,559
	96,362		NXP Semiconductors NV		15,463,210
	100,379		Skyworks Solutions, Inc		16,989,146
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		105,795,397
SOFTWARE & SERVICES - 25.0%
	11,274	*,g	Adyen NV		23,551,669
	10,356	*	Affirm Holdings, Inc		1,031,354
	399,930	*	Anaplan, Inc		26,675,331
	154,602		Aveva Group plc		7,672,789
	172,703	*	Black Knight, Inc		14,108,108
	159,572	*	Datadog, Inc		16,396,023
	125,169	*	DocuSign, Inc		29,150,608
	14,588	*	Fair Isaac Corp		6,566,205
	69,795	*	HubSpot, Inc		25,977,699
	58,689	*	MongoDB, Inc		21,692,041
	230,137	*	nCino, Inc		16,500,823
	263,583	*	Nuance Communications, Inc		12,003,570
	69,694	*	Okta, Inc		18,051,443
	96,362	*	Paylocity Holding Corp		18,064,021
	124,742	*	Proofpoint, Inc		16,101,697
	45,282	*	Qualtrics International, Inc		1,992,408
	70,224	*	RingCentral, Inc		26,187,934
	2,547,141		Sabre Corp		27,458,180
	484,303	*	Slack Technologies, Inc		20,423,058
	27,495	*	Smartsheet, Inc		1,917,501
	172,703	*	Synopsys, Inc		44,116,981
	45,345	*	Twilio, Inc		16,298,353

19

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
	170,392	*	Zendesk, Inc	$	24,577,342
			TOTAL SOFTWARE & SERVICES		416,515,138
TECHNOLOGY HARDWARE & EQUIPMENT - 1.8%
	39,263	*	Arista Networks, Inc		12,075,728
	26,245		Cognex Corp		2,155,502
	109,017	*	Keysight Technologies, Inc		15,435,717
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		29,666,947
TELECOMMUNICATION SERVICES - 0.4%
	112,816	g	Cellnex Telecom SAU		6,609,188
	10,900	*,g	Kuaishou Technology		163,303
			TOTAL TELECOMMUNICATION SERVICES		6,772,491
TRANSPORTATION - 0.7%
	264,476	*	Lyft, Inc (Class A)		11,758,603
			TOTAL TRANSPORTATION		11,758,603
			TOTAL COMMON STOCKS		1,624,033,350
			(Cost $1,053,971,236)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.7%
GOVERNMENT AGENCY DEBT - 0.4%
$	5,162,000		Federal Farm Credit Bank (FFCB)		0.050	%	03/02/21		5,161,792
	1,368,000		Federal Home Loan Bank (FHLB)		0.060		02/17/21		1,367,975
			TOTAL GOVERNMENT AGENCY DEBT						6,529,767
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.3%
	4,821,209	c	State Street Navigator Securities Lending		0.060				4,821,209
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						4,821,209
			TOTAL SHORT-TERM INVESTMENTS						11,350,976
			(Cost $11,350,965)
			TOTAL INVESTMENTS - 98.2%						1,635,384,326
			(Cost $1,065,322,201)
			OTHER ASSETS & LIABILITIES, NET - 1.8%						30,136,952
			NET ASSETS - 100.0%					$	1,665,521,278

	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 $8,895,746.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/21, the aggregate value of these securities is $35,285,176 or 2.1% of net assets.

20

TIAA-CREF FUNDS - Mid-Cap Value Fund

TIAA-CREF FUNDS

MID-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.5%
AUTOMOBILES & COMPONENTS - 1.1%
	419,457		General Motors Co	$	21,258,081
			TOTAL AUTOMOBILES & COMPONENTS		21,258,081
BANKS - 5.4%
	311,823		East West Bancorp, Inc		18,690,671
	679,356		Fifth Third Bancorp		19,653,769
	1,938,407		Huntington Bancshares, Inc		25,635,432
	108,662		Signature Bank		17,949,876
	353,905		Western Alliance Bancorp		24,129,243
			TOTAL BANKS		106,058,991
CAPITAL GOODS - 13.3%
	241,279		A.O. Smith Corp		13,101,450
	188,843		AGCO Corp		20,942,689
	233,195		Air Lease Corp		9,241,518
	301,306		Crane Co		22,802,838
	186,912		Eaton Corp		21,999,542
	105,504		Hubbell, Inc		16,416,422
	425,178		Owens Corning, Inc		32,993,813
	127,718		Parker-Hannifin Corp		33,795,460
	189,367		Stanley Black & Decker, Inc		32,853,281
	209,133		Timken Co		15,823,003
	230,189		Toro Co		21,695,313
	287,814	*	WESCO International, Inc		21,905,523
			TOTAL CAPITAL GOODS		263,570,852
COMMERCIAL & PROFESSIONAL SERVICES - 1.3%
	293,896		Republic Services, Inc		26,603,466
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		26,603,466
CONSUMER DURABLES & APPAREL - 5.8%
	297,015		Brunswick Corp		25,679,917
	397,305	*	Capri Holdings Ltd		16,551,726
	143,626	*	Mohawk Industries, Inc		20,624,694
	1,430,407		Newell Brands Inc		34,358,376
	390,101		Pulte Homes, Inc		16,969,394
			TOTAL CONSUMER DURABLES & APPAREL		114,184,107
CONSUMER SERVICES - 3.0%
	529,596		Wyndham Destinations, Inc		23,429,327
	299,610		Wyndham Hotels & Resorts, Inc		17,428,314
	187,495		Yum! Brands, Inc		19,028,867
			TOTAL CONSUMER SERVICES		59,886,508
DIVERSIFIED FINANCIALS - 11.4%
	1,849,319		AGNC Investment Corp		28,849,377

21

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	881,249		Ally Financial, Inc	$	33,346,462
	127,003		Ameriprise Financial, Inc		25,130,084
	498,006		Discover Financial Services		41,603,421
	464,206		OneMain Holdings, Inc		21,613,431
	964,938		Synchrony Financial		32,470,164
	2,999,181		Two Harbors Investment Corp		18,205,029
	443,592		Voya Financial, Inc		24,601,612
			TOTAL DIVERSIFIED FINANCIALS		225,819,580
ENERGY - 2.5%
	725,169	*	ChampionX Corp		11,087,834
	829,439		Devon Energy Corp		13,652,566
	209,074		Pioneer Natural Resources Co		25,277,047
			TOTAL ENERGY		50,017,447
FOOD, BEVERAGE & TOBACCO - 1.3%
	402,782		Tyson Foods, Inc (Class A)		25,902,910
			TOTAL FOOD, BEVERAGE & TOBACCO		25,902,910
HEALTH CARE EQUIPMENT & SERVICES - 7.4%
	545,824	*	Centene Corp		32,913,187
	713,577	*	Envista Holdings Corp		25,360,527
	131,369		McKesson Corp		22,919,950
	140,622	*	Molina Healthcare, Inc		30,038,265
	223,211		Zimmer Biomet Holdings, Inc		34,300,834
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		145,532,763
HOUSEHOLD & PERSONAL PRODUCTS - 0.9%
	391,712		Energizer Holdings, Inc		17,172,654
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		17,172,654
INSURANCE - 3.6%
	157,511		Allstate Corp		16,882,029
	972,047	*	BRP Group, Inc		22,561,211
	415,661		Prudential Financial, Inc		32,537,943
			TOTAL INSURANCE		71,981,183
MATERIALS - 6.7%
	151,879		Avery Dennison Corp		22,913,985
	435,714	*	Berry Global Group, Inc		21,511,200
	400,177		DuPont de Nemours, Inc		31,794,063
	785,009	*	Freeport-McMoRan, Inc (Class B)		21,124,592
	255,556		Newmont Goldcorp Corp		15,231,137
	390,063		Nutrien Ltd		19,179,398
			TOTAL MATERIALS		131,754,375
MEDIA & ENTERTAINMENT - 0.5%
	55,054	*	Take-Two Interactive Software, Inc		11,035,574
			TOTAL MEDIA & ENTERTAINMENT		11,035,574
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 2.3%
	140,692	*	Jazz Pharmaceuticals plc		21,877,606
	145,414	*	United Therapeutics Corp		23,821,722
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		45,699,328

22

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 8.7%
	164,923		Camden Property Trust	$	16,846,884
	243,302		Equity Lifestyle Properties, Inc		14,802,494
	642,197		Invitation Homes, Inc		18,931,968
	671,708		MGM Growth Properties LLC		20,923,704
	535,582		Omega Healthcare Investors, Inc		19,398,780
	258,593		Regency Centers Corp		12,200,418
	632,113		Rexford Industrial Realty, Inc		30,935,610
	196,409		Simon Property Group, Inc		18,252,288
	139,606		Sun Communities, Inc		19,981,807
			TOTAL REAL ESTATE		172,273,953
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 6.1%
	268,973	*	Cree, Inc		27,187,791
	47,158		Lam Research Corp		22,822,114
	496,185		Marvell Technology Group Ltd		25,533,680
	123,742		MKS Instruments, Inc		19,559,898
	154,326		NXP Semiconductors NV		24,764,693
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		119,868,176
SOFTWARE & SERVICES - 3.7%
	148,215	*	Check Point Software Technologies		18,932,984
	117,792	*	j2 Global, Inc		12,090,171
	158,414	*	Proofpoint, Inc		20,448,079
	81,847	*	Synopsys, Inc		20,907,816
			TOTAL SOFTWARE & SERVICES		72,379,050
TECHNOLOGY HARDWARE & EQUIPMENT - 2.8%
	252,828	*	Ciena Corp		13,498,487
	1,207,297		Hewlett Packard Enterprise Co		14,898,045
	816,545	*	Vontier Corp		26,480,554
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		54,877,086
TRANSPORTATION - 1.7%
	166,737		Kansas City Southern		33,792,588
			TOTAL TRANSPORTATION		33,792,588
UTILITIES - 10.0%
	719,853		Alliant Energy Corp		35,020,848
	326,101		American Electric Power Co, Inc		26,384,832
	1,251,572		Centerpoint Energy, Inc		26,395,654
	574,410		Evergy, Inc		30,863,049
	470,590		Exelon Corp		19,557,720
	913,132		FirstEnergy Corp		28,087,940
	102,580		Sempra Energy		12,695,301
	897,841		Vistra Energy Corp		17,929,885
			TOTAL UTILITIES		196,935,229
			TOTAL COMMON STOCKS		1,966,603,901
			(Cost $1,631,072,601)

23

TIAA-CREF FUNDS - Mid-Cap Value Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.2%
REPURCHASE AGREEMENT - 0.2%
$	3,035,000	r	Fixed Income Clearing Corp (FICC)		0.040	%	02/01/21	$	3,035,000
			TOTAL REPURCHASE AGREEMENT						3,035,000
			TOTAL SHORT-TERM INVESTMENTS						3,035,000
			(Cost $3,035,000)
			TOTAL INVESTMENTS - 99.7%						1,969,638,901
			(Cost $1,634,107,601)
			OTHER ASSETS & LIABILITIES, NET - 0.3%						5,037,419
			NET ASSETS - 100.0%					$	1,974,676,320
		*	Non-income producing
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $3,035,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $3,095,723.

24

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

TIAA-CREF FUNDS

QUANT SMALL-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.8%
AUTOMOBILES & COMPONENTS - 1.1%
	200,140	*	Adient plc	$	6,462,521
	88,150	*	Gentherm, Inc		5,400,069
	121,410	*	Goodyear Tire & Rubber Co		1,280,875
	388,900	*	Modine Manufacturing Co		4,880,695
	51,620		Patrick Industries, Inc		3,564,877
	67,390		Standard Motor Products, Inc		2,643,710
	73,440	*	Visteon Corp		9,362,131
			TOTAL AUTOMOBILES & COMPONENTS		33,594,878
BANKS - 9.2%
	63,410		Amalgamated Bank		929,591
	112,790	*	Axos Financial, Inc		4,393,170
	92,820		Bank of NT Butterfield & Son Ltd		2,822,656
	100,810		Banner Corp		4,458,826
	299,110		Cathay General Bancorp		10,115,900
	181,560		Central Pacific Financial Corp		3,609,413
	156,253		ConnectOne Bancorp, Inc		3,320,376
	235,520	*	Customers Bancorp, Inc		5,233,254
	339,440		Essent Group Ltd		14,198,775
	78,310		Federal Agricultural Mortgage Corp (Class C)		5,951,560
	108,278		First Bancorp		3,687,949
	385,120		First Financial Bancorp		7,055,398
	101,010		First Merchants Corp		3,805,047
	218,660		Flagstar Bancorp, Inc		9,369,581
	242,040		Glacier Bancorp, Inc		11,291,166
	199,096		Great Western Bancorp, Inc		4,778,304
	226,070		Heritage Commerce Corp		1,984,895
	380,297		Hilltop Holdings, Inc		11,424,122
	168,020		Horizon Bancorp		2,659,757
	95,319		Independent Bank Corp (MI)		1,750,057
	133,730		Independent Bank Group, Inc		8,213,697
	952,140		Investors Bancorp, Inc		10,959,131
	235,320		Kearny Financial Corp		2,435,562
	149,120		Lakeland Bancorp, Inc		1,954,963
	26,110		Lakeland Financial Corp		1,532,657
	293,660	*	Mr Cooper Group, Inc		7,996,362
	214,670		National Bank Holdings Corp		7,142,071
	232,100	*	NMI Holdings, Inc		4,922,841
	185,630		OceanFirst Financial Corp		3,371,041
	503,750		OFG Bancorp		8,654,425
	315,190		Pacific Premier Bancorp, Inc		10,480,067
	64,670		Peapack Gladstone Financial Corp		1,521,038
	78,120		PennyMac Financial Services, Inc		4,530,960
	187,960		Premier Financial Corp		5,217,770
	61,855		QCR Holdings, Inc		2,398,737
	788,940		Radian Group, Inc		15,147,648
	290,260		Simmons First National Corp (Class A)		7,169,422

25

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	288,210	*	The Bancorp, Inc	$	4,833,282
	184,280	*	Tristate Capital Holdings, Inc		3,381,538
	686,292		United Community Banks, Inc		20,472,090
	151,360		Walker & Dunlop, Inc		12,459,955
	269,020		WesBanco, Inc		7,801,580
	195,680		WSFS Financial Corp		8,408,370
			TOTAL BANKS		273,845,004
CAPITAL GOODS - 12.5%
	264,354		Advanced Drainage Systems, Inc		21,803,918
	97,300	*	Aerovironment, Inc		11,167,121
	47,920		Altra Industrial Motion Corp		2,463,567
	331,650	*,g	API Group Corp		5,939,851
	81,710		Applied Industrial Technologies, Inc		5,751,567
	101,240		Astec Industries, Inc		6,020,743
	200,303	*	Atkore International Group, Inc		8,885,441
	210,042	*	Bloom Energy Corp		7,332,566
	245,150		Boise Cascade Co		11,676,494
	687,488	*	Builders FirstSource, Inc		26,296,416
	34,900	*	Chart Industries, Inc		4,191,839
	121,250		Columbus McKinnon Corp		5,236,787
	363,500		Comfort Systems USA, Inc		20,148,805
	148,730	*	Construction Partners Inc		4,226,907
	453,980	*	Cornerstone Building Brands, Inc		5,166,292
	67,669		CSW Industrials, Inc		7,884,792
	96,296		EMCOR Group, Inc		8,502,937
	62,695		EnPro Industries, Inc		4,525,952
	211,066	*	Evoqua Water Technologies Corp		5,751,549
	341,550		Federal Signal Corp		11,165,270
	87,370	*	Gibraltar Industries, Inc		7,830,973
	291,300	*	Great Lakes Dredge & Dock Corp		3,970,419
	156,430		Hillenbrand, Inc		6,429,273
	76,590		Insteel Industries, Inc		1,933,132
	45,370	*	Mastec, Inc		3,500,296
	310,320		Maxar Technologies, Inc		12,993,098
	190,520		Mueller Industries, Inc		6,506,258
	599,500	*	Plug Power, Inc		37,870,415
	21,140		Powell Industries, Inc		606,084
	276,620		Primoris Services Corp		8,051,025
	62,240		Raven Industries, Inc		2,008,485
	77,548	*	RBC Bearings, Inc		12,976,107
	507,390	*	Resideo Technologies, Inc		11,720,709
	364,284	d	Rexnord Corp		13,791,792
	116,910		Rush Enterprises, Inc (Class A)		4,909,051
	139,470		Shyft Group, Inc		4,211,994
	37,980		Simpson Manufacturing Co, Inc		3,494,160
	32,300	*	SiteOne Landscape Supply, Inc		5,093,064
	263,530	*	Sunrun, Inc		18,254,723
	114,600	*	The ExOne Company		3,179,004
	43,600	*	Titan Machinery, Inc		928,680
	127,880		Triton International Ltd		5,925,959
	514,660	*	WillScot Mobile Mini Holdings Corp		12,202,589
			TOTAL CAPITAL GOODS		372,526,104
COMMERCIAL & PROFESSIONAL SERVICES - 3.4%
	136,750		ABM Industries, Inc		5,024,195

26

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	111,592		Exponent, Inc	$	9,215,267
	84,640	*	Franklin Covey Co		2,035,592
	373,230		Healthcare Services Group		12,100,117
	203,370		HNI Corp		6,560,716
	75,313		ICF International, Inc		5,808,892
	485,160		KAR Auction Services, Inc		8,956,054
	107,790		Kforce, Inc		4,597,243
	84,930		McGrath RentCorp		5,927,265
	260,838	*	TriNet Group, Inc		19,330,704
	488,560	*	Upwork, Inc		20,250,812
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		99,806,857
CONSUMER DURABLES & APPAREL - 3.7%
	365,540		Callaway Golf Co		10,194,911
	173,470	*	Century Communities, Inc		8,142,682
	201,520	*	CROCS, Inc		14,110,430
	29,810	*	Deckers Outdoor Corp		8,703,924
	28,530		Johnson Outdoors, Inc		3,110,626
	87,660		La-Z-Boy, Inc		3,394,195
	240,000	*	Purple Innovation, Inc		8,169,600
	199,502	*	Skyline Champion Corp		6,709,252
	561,510	*	Sonos, Inc		14,683,487
	256,880	*	Taylor Morrison Home Corp		6,673,742
	267,650	*,e	Turtle Beach Corp		8,002,735
	174,800	*	Vista Outdoor, Inc		5,098,916
	218,380	*	YETI Holdings, Inc		14,373,772
			TOTAL CONSUMER DURABLES & APPAREL		111,368,272
CONSUMER SERVICES - 4.5%
	258,600	*	Adtalem Global Education, Inc		9,979,374
	112,890	*	American Public Education, Inc		3,248,974
	13,930	*	Biglari Holdings, Inc (B Shares)		1,598,328
	339,250		Bloomin’ Brands, Inc		7,147,997
	43,500	*	Bluegreen Vacations Holding Corp		569,415
	121,850	*	Caesars Entertainment, Inc		8,577,021
	134,120		Carriage Services, Inc		4,442,054
	375,190	*	Carrols Restaurant Group, Inc		2,303,667
	129,840	*	Chuy’s Holdings, Inc		4,554,787
	64,424		Collectors Universe		5,882,555
	101,200	*	Dave & Buster’s Entertainment, Inc		3,442,824
	399,900	*	Everi Holdings, Inc		5,230,692
	95,450	*,e	GAN Ltd		2,253,574
	284,010	*	Hilton Grand Vacations, Inc		8,440,777
	1,172,150	*	Houghton Mifflin Harcourt Co		5,778,700
	622,970		International Game Technology plc		10,036,047
	105,550		Jack in the Box, Inc		9,936,477
	387,750	*	Laureate Education, Inc		5,044,628
	271,650	*	Noodles & Co		2,300,876
	423,999	*	Perdoceo Education Corp		5,015,908
	168,790	*	Red Robin Gourmet Burgers, Inc		4,420,610
	338,470		Red Rock Resorts, Inc		7,947,276
	314,500	*	SeaWorld Entertainment, Inc		8,985,265
	147,160	*	Stride, Inc		3,789,370
	20,550		Wingstop, Inc		3,083,528
			TOTAL CONSUMER SERVICES		134,010,724

27

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
DIVERSIFIED FINANCIALS - 3.1%
	1,814,820		BGC Partners, Inc (Class A)	$	6,442,611
	272,920	*	Blucora, Inc		4,519,555
	497,230		Brightsphere Investment Group, Inc		9,114,226
	176,780	*	Cannae Holdings, Inc		6,715,872
	256,360		Cowen Group, Inc		6,447,454
	288,533	*	Enova International, Inc		6,520,846
	353,270		Federated Investors, Inc (Class B)		9,538,290
	136,030	*	Green Dot Corp		6,832,787
	56,590		Hamilton Lane, Inc		4,265,188
	78,700		Piper Jaffray Cos		7,187,671
	483,624		Stifel Financial Corp		25,061,396
			TOTAL DIVERSIFIED FINANCIALS		92,645,896
ENERGY - 2.9%
	1,257,200	*	Antero Resources Corp		8,724,968
	393,536		Berry Petroleum Co LLC		1,515,113
	324,580		Brigham Minerals, Inc		4,346,126
	590,100	*	ChampionX Corp		9,022,629
	247,210		Delek US Holdings, Inc		4,637,660
	501,230	*	Green Plains Inc		9,628,628
	1,577,205	*	NexTier Oilfield Solutions, Inc		5,236,321
	562,000	*	Oceaneering International, Inc		4,748,900
	498,729	*	Par Pacific Holdings, Inc		6,623,121
	282,460		PBF Energy, Inc		2,392,436
	360,960	*	PDC Energy, Inc		7,836,442
	890,430	*	ProPetro Holding Corp		7,114,536
	118,399	*	Renewable Energy Group, Inc		10,608,550
	120,130		World Fuel Services Corp		3,674,777
			TOTAL ENERGY		86,110,207
FOOD & STAPLES RETAILING - 1.3%
	206,278		Andersons, Inc		4,744,394
	537,121	*	BJ’s Wholesale Club Holdings, Inc		22,596,680
	123,058		Natural Grocers by Vitamin C		2,048,916
	202,690	*	Performance Food Group Co		9,502,107
			TOTAL FOOD & STAPLES RETAILING		38,892,097
FOOD, BEVERAGE & TOBACCO - 1.3%
	120,992		Calavo Growers, Inc		9,213,541
	250,510	*	Celsius Holdings, Inc		13,377,234
	55,227		Lancaster Colony Corp		9,641,529
	191,629	*	Simply Good Foods Co		5,469,092
			TOTAL FOOD, BEVERAGE & TOBACCO		37,701,396
HEALTH CARE EQUIPMENT & SERVICES - 7.7%
	50,300	*	Addus HomeCare Corp		5,661,265
	561,410	*	Allscripts Healthcare Solutions, Inc		9,263,265
	237,890	*	Alphatec Holdings Inc		3,539,803
	213,310	*	Angiodynamics, Inc		3,997,429
	590,900	*	Antares Pharma, Inc		2,588,142
	44,200	*	Biodesix, Inc		1,068,756
	1,435,090	*	Brookdale Senior Living, Inc		7,089,345
	341,780	*,e	Co-Diagnostics, Inc		4,388,455
	85,210	e	Conmed Corp		9,534,999
	377,620	*	Covetrus, Inc		12,865,513

28

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	62,830	*	CryoLife, Inc	$	1,503,522
	61,550		Ensign Group, Inc		4,818,134
	319,470	*	Evolent Health, Inc		5,453,353
	466,060	*	GenMark Diagnostics, Inc		6,436,289
	178,920	*	Health Catalyst, Inc		8,888,746
	152,394	*	HealthStream, Inc		3,547,732
	319,808	*	HMS Holdings Corp		11,775,331
	78,000	*	Inari Medical, Inc		7,442,760
	441,349	*	Inovalon Holdings, Inc		10,768,916
	341,477	*	Intersect ENT, Inc		7,672,988
	434,117	*	Lantheus Holdings, Inc		7,063,084
	25,690	*	Magellan Health Services, Inc		2,414,346
	280,775	*	Meridian Bioscience, Inc		6,205,128
	202,398	*	Natus Medical, Inc		4,932,439
	84,640	*	Neogen Corp		6,844,837
	241,750	*	NextGen Healthcare, Inc		4,781,815
	408,990	*	Option Care Health, Inc		7,558,135
	136,598	*	Pennant Group, Inc		7,344,874
	82,000	*	Phreesia, Inc		5,353,780
	633,880	*	R1 RCM, Inc		15,992,792
	29,317	*	Schrodinger, Inc		2,648,205
	369,540	*	Select Medical Holdings Corp		9,497,178
	64,870	*	SI-BONE, Inc		1,899,394
	318,590	*	Tenet Healthcare Corp		15,059,749
	224,020	*,e	Zynex Inc		4,048,041
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		229,948,540
HOUSEHOLD & PERSONAL PRODUCTS - 0.7%
	279,150	*	BellRing Brands, Inc		6,493,029
	433,330	*	elf Beauty, Inc		9,429,261
	75,301	*,e	Lifevantage Corp		673,191
	67,590	*	USANA Health Sciences, Inc		5,593,748
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		22,189,229
INSURANCE - 1.4%
	107,720		American Equity Investment Life Holding Co		3,144,347
	157,068		Amerisafe, Inc		8,717,274
	269,510		Conseco, Inc		5,716,307
	125,510		Heritage Insurance Holdings, Inc		1,169,753
	118,948		James River Group Holdings Ltd		5,290,807
	204,460	*	Selectquote, Inc		4,318,195
	146,110		Stewart Information Services Corp		6,776,582
	397,711	*	Third Point Reinsurance Ltd		3,670,872
	246,686		Universal Insurance Holdings, Inc		3,303,126
			TOTAL INSURANCE		42,107,263
MATERIALS - 4.9%
	189,540		Avient Corp		7,284,022
	99,830		Balchem Corp		10,684,805
	901,430	*	Coeur Mining, Inc		8,157,942
	280,430		Domtar Corp		8,404,487
	673,900	*,†	Ferroglobe plc		0
	58,830		Innospec, Inc		5,164,686
	117,800	*	Koppers Holdings, Inc		3,920,384
	338,750		Louisiana-Pacific Corp		12,875,888
	127,780		Materion Corp		8,713,318

29

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	171,144		Myers Industries, Inc	$	3,431,437
	50,394		Olympic Steel, Inc		687,878
	188,585		Schnitzer Steel Industries, Inc (Class A)		5,567,029
	169,870		Sensient Technologies Corp		11,980,931
	100,330		Stepan Co		11,305,184
	613,620	*	Summit Materials, Inc		12,597,619
	196,670		Trinseo S.A.		9,996,736
	791,090	e	United States Steel Corp		14,049,758
	218,072	*	US Concrete, Inc		9,658,409
			TOTAL MATERIALS		144,480,513
MEDIA & ENTERTAINMENT - 1.7%
	294,710	*	Cargurus, Inc		8,620,268
	264,730	*	Cars.com, Inc		3,073,515
	493,140	*	Glu Mobile, Inc		4,344,563
	325,320	*	Gray Television, Inc		5,546,706
	210,670	*	Liberty Braves Group (Class C)		5,641,743
	146,400	*	TechTarget, Inc		10,936,080
	750,080		TEGNA, Inc		12,023,782
	176,440	*	WideOpenWest, Inc		1,879,086
			TOTAL MEDIA & ENTERTAINMENT		52,065,743
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 13.7%
	94,246	*	Acadia Pharmaceuticals, Inc		4,528,520
	654,340	*	Affimed NV		3,749,368
	20,340	*	Albireo Pharma, Inc		745,868
	47,100	*	Aligos Therapeutics, Inc		1,326,807
	553,217	*	Amicus Therapeutics, Inc		10,461,333
	770,600	*	Amneal Pharmaceuticals, Inc		3,706,586
	443,480	*,e	Aquestive Therapeutics, Inc		2,346,009
	5,193	*	Arcutis Biotherapeutics, Inc		141,717
	97,801	*	Arena Pharmaceuticals, Inc		7,260,746
	125,622	*	Arrowhead Pharmaceuticals Inc		9,694,250
	146,245	*	Arvinas, Inc		11,032,723
	348,880	*	Atara Biotherapeutics, Inc		6,440,325
	135,710	*	Athenex, Inc		1,773,730
	139,200	*	Avid Bioservices, Inc		2,030,928
	42,850	*	Axsome Therapeutics, Inc		2,917,656
	5,192	*,e	Beam Therapeutics, Inc		500,664
	887,000	*	BioCryst Pharmaceuticals, Inc		7,557,240
	977,030	*	BioDelivery Sciences International, Inc		3,761,565
	104,350	*	Biohaven Pharmaceutical Holding Co Ltd		8,892,707
	822	*	Black Diamond Therapeutics, Inc		20,361
	136,270	*,e	Cara Therapeutics, Inc		2,548,249
	170,862	*	CareDx, Inc		13,058,983
	393,930	*,e	Cassava Sciences, Inc		7,807,693
	357,070	*	Catalyst Pharmaceuticals, Inc		1,299,735
	219,600	*	Codexis, Inc		5,114,484
	145,259	*	Concert Pharmaceuticals, Inc		1,520,862
	380,267	*	CytomX Therapeutics, Inc		2,627,645
	152,580	*	Editas Medicine, Inc		9,360,783
	85,420	*	Emergent Biosolutions, Inc		9,127,127
	51,230	*	Fate Therapeutics, Inc		4,642,975
	142,520	*	Five Prime Therapeutics, Inc		2,382,934
	761,286	*	Fluidigm Corp		4,933,133
	281,770	*	G1 Therapeutics, Inc		6,799,110

30

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	191,700	*	GlycoMimetics, Inc	$	695,871
	485,830	*	Gossamer Bio, Inc		4,906,883
	108,900	*	Immunic, Inc		1,803,384
	150,000	*	Immunovant, Inc		5,854,500
	502,090	*,e	Inovio Pharmaceuticals, Inc		6,401,647
	137,186	*	Intellia Therapeutics, Inc		8,590,587
	242,374	*	Intra-Cellular Therapies, Inc		7,792,324
	234,675	*,e	Invitae Corp		11,621,106
	402,510	*	IVERIC bio, Inc		2,117,203
	326,980	*	Karyopharm Therapeutics, Inc		4,979,905
	106,398	*	Kiniksa Pharmaceuticals Ltd		2,094,977
	160,872	*	Kura Oncology, Inc		4,818,116
	137,730		Luminex Corp		3,868,836
	1,137,060	*	Mustang Bio, Inc		4,741,540
	287,820	*	Myriad Genetics, Inc		7,929,441
	137,921	*	NanoString Technologies, Inc		9,658,608
	246,704	*	Natera, Inc		26,308,515
	189,640	*	NeoGenomics, Inc		10,054,713
	149,320	*	Neoleukin Therapeutics, Inc		1,881,432
	101,690	*	Novavax, Inc		22,467,389
	260,640	*	Ocular Therapeutix, Inc		4,730,616
	287,230	*,e	Omeros Corp		5,589,496
	266,400	*	Organogenesis Holdings Inc		2,786,544
	70,000	*	Pacific Biosciences of California, Inc		2,264,500
	1,592	*	Passage Bio, Inc		29,707
	121,494		Phibro Animal Health Corp		2,519,786
	158,570	*,e	Provention Bio, Inc		2,183,509
	109,888	*	Quanterix Corp		7,114,149
	2,384	*	REVOLUTION Medicines, Inc		100,462
	515,540	*	Sangamo Therapeutics Inc		7,042,276
	332,165	*	Solid Biosciences, Inc		2,165,716
	171,830	*	Sutro Biopharma, Inc		3,806,034
	128,870	*	TG Therapeutics, Inc		6,220,555
	241,750	*	Translate Bio, Inc		5,772,990
	410,596	*	Travere Therapeutics, Inc		10,367,549
	121,716	*	Twist Bioscience Corp		20,027,151
	43,050	*	Ultragenyx Pharmaceutical, Inc		5,966,299
	113,930	*	Veracyte, Inc		6,459,831
	114,830	*	Vericel Corp		4,739,034
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		408,585,997
REAL ESTATE - 5.9%
	352,290		Armada Hoffler Properties, Inc		3,787,118
	217,359		Bluerock Residential Growth REIT, Inc		2,273,575
	340,250		CareTrust REIT, Inc		7,642,015
	2,202,990		Colony Capital, Inc		10,926,831
	326,580		Columbia Property Trust, Inc		4,441,488
	1,399,830		Diversified Healthcare Trust		5,627,317
	103,830		EastGroup Properties, Inc		14,031,586
	253,720		Four Corners Property Trust, Inc		6,688,059
	227,130		Global Net Lease, Inc		3,659,064
	361,260		Healthcare Realty Trust, Inc		10,841,413
	333,110		Independence Realty Trust, Inc		4,423,701
	406,160		National Storage Affiliates Trust		14,841,086
	373,738		Newmark Group, Inc		2,526,469
	106,460		Office Properties Income Trust		2,463,484

31

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	550,600		Physicians Realty Trust	$	9,707,078
	594,230		Piedmont Office Realty Trust, Inc		9,139,257
	135,898		PS Business Parks, Inc		18,498,436
	185,260		QTS Realty Trust, Inc		12,060,426
	484,270	*	Realogy Holdings Corp		6,876,634
	112,980		RMR Group, Inc		4,166,702
	478,720		STAG Industrial, Inc		14,265,856
	479,990		Uniti Group, Inc		5,908,677
			TOTAL REAL ESTATE		174,796,272
RETAILING - 4.5%
	83,518	*	Aaron’s Co, Inc		1,414,795
	367,000		Abercrombie & Fitch Co (Class A)		8,466,690
	386,968	*	At Home Group, Inc		9,430,410
	307,110	e	Bed Bath & Beyond, Inc		10,850,196
	169,180		Buckle, Inc		6,652,158
	90,740		Citi Trends, Inc		5,353,660
	127,730	*	Conn’s, Inc		2,009,193
	93,770	e	Dillard’s, Inc (Class A)		8,233,944
	111,700	*,e	GrowGeneration Corp		4,824,323
	204,250	*,e	Hibbett Sports, Inc		11,529,912
	131,350	*	MarineMax, Inc		5,494,370
	41,490	*	Overstock.com, Inc		3,219,624
	530,440		Rent-A-Center, Inc		22,968,052
	144,740	*	Sleep Number Corp		15,594,288
	372,950	*	Sportsman’s Warehouse Holdings, Inc		6,534,084
	56,758	*	Stamps.com, Inc		12,958,419
			TOTAL RETAILING		135,534,118
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.9%
	600,780		Amkor Technology, Inc		9,324,106
	135,701		Brooks Automation, Inc		10,280,708
	316,222	*	Formfactor, Inc		12,923,993
	107,720	*	Ichor Holdings Ltd		3,888,692
	349,587	*	Lattice Semiconductor Corp		14,021,934
	85,520	*	MACOM Technology Solutions Holdings, Inc		4,862,667
	256,460	*	MaxLinear, Inc		8,050,279
	445,595	*	Rambus, Inc		8,464,077
	110,100	*	Semtech Corp		7,811,595
	41,880	*	Silicon Laboratories, Inc		5,493,400
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		85,121,451
SOFTWARE & SERVICES - 7.6%
	72,700	*	Alarm.com Holdings, Inc		6,755,284
	225,390	*	Avaya Holdings Corp		5,012,674
	36,747	*,h	BM Technologies, Inc		532,097
	543,980	*	Box, Inc		9,432,613
	135,800	*	ChannelAdvisor Corp		2,783,900
	776,090	*	Cloudera, Inc		11,850,894
	120,436	*	Commvault Systems, Inc		7,560,972
	436,450	*	Digital Turbine, Inc		24,969,305
	110,160	*	Domo, Inc		6,983,042
	276,100		KBR, Inc		8,020,705
	632,320	*,e	Limelight Networks, Inc		2,880,218
	157,300	*	LiveRamp Holdings, Inc		11,909,183
	159,254		Mantech International Corp (Class A)		14,283,491

32

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	294,285		NIC, Inc	$	7,922,152
	678,063		Perspecta, Inc		19,629,924
	233,035		Progress Software Corp		9,363,346
	95,104	*	Rapid7, Inc		8,256,929
	117,900		Sapiens International Corp NV		3,850,614
	93,281	*	SecureWorks Corp		1,291,009
	117,170	*	Sprout Social, Inc		7,733,220
	69,200	*	SPS Commerce, Inc		6,843,188
	304,279	*	Tenable Holdings, Inc		15,058,768
	183,150	*	Verint Systems, Inc		13,521,965
	192,360	*	Workiva, Inc		18,749,329
			TOTAL SOFTWARE & SERVICES		225,194,822
TECHNOLOGY HARDWARE & EQUIPMENT - 2.6%
	243,110	*	Calix, Inc		7,341,922
	605,930	*	Diebold, Inc		8,277,004
	43,019	*	ePlus, Inc		3,615,317
	926,760	*	Extreme Networks, Inc		7,497,488
	87,950	*	II-VI, Inc		7,393,957
	115,130	*	Insight Enterprises, Inc		8,761,393
	117,053	*	OSI Systems, Inc		10,537,111
	276,046	*	Ribbon Communications, Inc		2,017,896
	449,991	*	Sanmina Corp		13,994,720
	527,811	*	TTM Technologies, Inc		7,077,946
	65,489	*	Vishay Precision Group, Inc		2,094,993
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		78,609,747
TELECOMMUNICATION SERVICES - 0.6%
	261,433	*	Boingo Wireless, Inc		3,016,937
	294,956	*	Liberty Latin America Ltd (Class A)		2,976,106
	79,403	*	Liberty Latin America Ltd (Class C)		785,296
	107,602		Spok Holdings, Inc		1,196,534
	779,546	*	Vonage Holdings Corp		9,728,734
			TOTAL TELECOMMUNICATION SERVICES		17,703,607
TRANSPORTATION - 1.1%
	154,902		ArcBest Corp		7,179,708
	92,720	*	Avis Budget Group, Inc		3,833,045
	123,106		Forward Air Corp		8,825,469
	134,727		Heartland Express, Inc		2,528,826
	187,059	*	Hub Group, Inc (Class A)		9,844,915
	184,344	*	Radiant Logistics, Inc		1,069,195
			TOTAL TRANSPORTATION		33,281,158
UTILITIES - 1.5%
	169,868		Black Hills Corp		10,042,596
	142,425		Clearway Energy, Inc (Class A)		4,106,113
	62,730		Northwest Natural Holding Co		2,930,118
	185,791		NorthWestern Corp		10,120,036
	127,135		South Jersey Industries, Inc		2,936,818
	100,787		Southwest Gas Holdings Inc		6,043,189
	40,710		Spire, Inc		2,491,045
	148,370	*	Sunnova Energy International, Inc		6,506,024
			TOTAL UTILITIES		45,175,939
			TOTAL COMMON STOCKS		2,975,295,834
			(Cost $2,118,504,017)

33

TIAA-CREF FUNDS - Quant Small-Cap Equity Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 1.9%
GOVERNMENT AGENCY DEBT - 0.1%
$	2,240,000		Federal Home Loan Bank (FHLB)		0.085	%	02/23/21	$	2,239,945
			TOTAL GOVERNMENT AGENCY DEBT						2,239,945
REPURCHASE AGREEMENT - 0.1%
	2,640,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		2,640,000
			TOTAL REPURCHASE AGREEMENT						2,640,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.7%
	50,677,802	c	State Street Navigator Securities Lending		0.060				50,677,802
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						50,677,802
			TOTAL SHORT-TERM INVESTMENTS						55,557,747
			(Cost $55,557,685)
			TOTAL INVESTMENTS - 101.7%						3,030,853,581
			(Cost $2,174,061,702)
			OTHER ASSETS & LIABILITIES, NET - (1.7)%						(49,931,286	)
			NET ASSETS - 100.0%					$	2,980,922,295

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 future
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $72,342,003.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/21, the aggregate value of these securities is $5,939,851 or 0.2% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $2,640,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $2,692,895.

Futures contracts outstanding as of January 31, 2021 were as follows:

Description	Number of long (short) contracts	Expiration date	Notional amount	Value	Unrealized appreciation (depreciation)
CME E-mini Russell 2000 Index Futures	30	03/19/21	$        3,005,551	$   3,102,300	$           96,749

34

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

TIAA-CREF FUNDS

QUANT SMALL/MID-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 1.5%
	121,761	*	Adient plc	$	3,931,662
	88,580		Gentex Corp		2,927,569
	93,320		Harley-Davidson, Inc		3,741,199
	85,375	*	Stoneridge, Inc		2,343,544
	28,790		Thor Industries, Inc		3,483,878
			TOTAL AUTOMOBILES & COMPONENTS		16,427,852
BANKS - 6.4%
	66,810	*	Axos Financial, Inc		2,602,250
	77,819		Bank of NT Butterfield & Son Ltd		2,366,476
	85,355		BankUnited		2,957,551
	117,823		Berkshire Hills Bancorp, Inc		1,953,505
	33,960		BOK Financial Corp		2,508,286
	71,111		Cathay General Bancorp		2,404,974
	102,535		Central Pacific Financial Corp		2,038,396
	18,907		Commerce Bancshares, Inc		1,263,933
	38,663		ConnectOne Bancorp, Inc		821,589
	68,788		Essent Group Ltd		2,877,402
	477,252		First Bancorp (Puerto Rico)		4,342,993
	1,110		First Citizens Bancshares, Inc (Class A)		661,549
	68,460		First Financial Bancorp		1,254,187
	34,211		Flagstar Bancorp, Inc		1,465,941
	82,355		Great Western Bancorp, Inc		1,976,520
	97,789		Hilltop Holdings, Inc		2,937,582
	17,030		International Bancshares Corp		643,904
	218,885		MGIC Investment Corp		2,565,332
	95,628		National Bank Holdings Corp		3,181,544
	83,669	*	NMI Holdings, Inc		1,774,619
	113,260		OFG Bancorp		1,945,807
	107,379		PacWest Bancorp		3,241,772
	61,396		Popular, Inc		3,484,223
	46,552		Prosperity Bancshares, Inc		3,139,467
	136,112		Radian Group, Inc		2,613,350
	69,408		TFS Financial Corp		1,226,439
	81,426	*	The Bancorp, Inc		1,365,514
	169,900		Umpqua Holdings Corp		2,465,249
	72,334		Washington Federal, Inc		1,893,704
	34,810		Westamerica Bancorporation		1,943,094
	79,165		WSFS Financial Corp		3,401,720
			TOTAL BANKS		69,318,872
CAPITAL GOODS - 11.5%
	72,752		Advanced Drainage Systems, Inc		6,000,585
	81,536	*	Aecom Technology Corp		4,084,954
	37,920		AGCO Corp		4,205,328
	26,100		Allegion plc		2,792,961

35

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

SHARES			COMPANY	VALUE
	19,420		Applied Industrial Technologies, Inc	$	1,366,974
	45,200	*	Array Technologies, Inc		1,842,352
	101,568	*	Atkore International Group, Inc		4,505,556
	16,260	*	Axon Enterprise, Inc		2,669,242
	56,199		AZZ, Inc		2,674,510
	64,770	*	Beacon Roofing Supply, Inc		2,575,903
	199,117	*	Bloom Energy Corp		6,951,174
	79,047		Boise Cascade Co		3,765,009
	151,786	*	Builders FirstSource, Inc		5,805,814
	43,570		BWX Technologies, Inc		2,349,294
	43,672		Comfort Systems USA, Inc		2,420,739
	63,841		EMCOR Group, Inc		5,637,160
	32,715		EnPro Industries, Inc		2,361,696
	122,116	*	Evoqua Water Technologies Corp		3,327,661
	68,305		Federal Signal Corp		2,232,890
	29,697	*	Gibraltar Industries, Inc		2,661,742
	15,457		Graco, Inc		1,065,606
	110,920		Howmet Aerospace, Inc		2,726,414
	84,765		ITT, Inc		6,332,793
	269,683	*	MRC Global, Inc		1,863,510
	48,610	*	MYR Group, Inc		2,703,202
	308,740	*	NOW, Inc		2,559,455
	96,552		Primoris Services Corp		2,810,146
	45,929		Quanta Services, Inc		3,236,617
	18,380	*	RBC Bearings, Inc		3,075,525
	24,150		Regal-Beloit Corp		3,030,342
	97,184		Rexnord Corp		3,679,386
	16,616		Simpson Manufacturing Co, Inc		1,528,672
	53,920	*	SPX Corp		2,788,203
	19,500	*	Sunrun, Inc		1,350,765
	45,620		Toro Co		4,299,685
	104,071		UFP Industries, Inc		5,613,590
	43,712	*	Vectrus, Inc		2,246,797
	179,360	*	Welbilt, Inc		2,315,538
			TOTAL CAPITAL GOODS		123,457,790
COMMERCIAL & PROFESSIONAL SERVICES - 1.9%
	68,424		ABM Industries, Inc		2,513,898
	56,206		CoreLogic Inc		4,231,750
	101,010		KAR Auction Services, Inc		1,864,644
	89,950		Kforce, Inc		3,836,367
	96,080		Kimball International, Inc (Class B)		1,161,607
	33,540		Manpower, Inc		2,966,278
	29,221	*	SP Plus Corp		847,409
	75,920	*	Upwork, Inc		3,146,884
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		20,568,837
CONSUMER DURABLES & APPAREL - 4.3%
	11,480	*	Cavco Industries, Inc		2,165,817
	66,737	*	CROCS, Inc		4,672,925
	46,911	*	Malibu Boats, Inc		3,288,930
	168,930	*	Nautilus, Inc		4,140,474
	191,251		Newell Brands Inc		4,593,849
	853	*	NVR, Inc		3,792,847
	101,045		Pulte Homes, Inc		4,395,458
	66,448	*	Skyline Champion Corp		2,234,646

36

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

SHARES			COMPANY	VALUE
	137,590	*	Sonos, Inc	$	3,597,979
	94,393		Steven Madden Ltd		3,171,605
	146,870	*	Tempur Sealy International, Inc		3,877,368
	6,311	*	TopBuild Corp		1,261,884
	31,500	*	Vista Outdoor, Inc		918,855
	71,370	*	YETI Holdings, Inc		4,697,573
			TOTAL CONSUMER DURABLES & APPAREL		46,810,210
CONSUMER SERVICES - 3.1%
	79,564		ARAMARK Holdings Corp		2,728,250
	69,350	*	Bally’s Corp		3,639,488
	83,420	*	Boyd Gaming Corp		3,767,247
	44,200	*	Caesars Entertainment, Inc		3,111,238
	47,002	*	frontdoor, Inc		2,586,990
	122,370		H&R Block, Inc		2,108,435
	249,800	*	Houghton Mifflin Harcourt Co		1,231,514
	167,520		International Game Technology plc		2,698,747
	97,845	*	Perdoceo Education Corp		1,157,506
	132,340		Red Rock Resorts, Inc		3,107,343
	19,655		Strategic Education, Inc		1,736,912
	71,654	*	Terminix Global Holdings, Inc		3,416,463
	79,340	*	WW International Inc		2,107,271
			TOTAL CONSUMER SERVICES		33,397,404
DIVERSIFIED FINANCIALS - 6.6%
	82,999		Artisan Partners Asset Management, Inc		4,017,152
	162,274		Brightsphere Investment Group, Inc		2,974,482
	103,142	*	Cannae Holdings, Inc		3,918,365
	37,588		Cohen & Steers, Inc		2,462,014
	99,556		Federated Investors, Inc (Class B)		2,688,012
	119,768		iShares Russell 2000 Index Fund		24,619,510
	115,240		Jefferies Financial Group, Inc		2,690,854
	133,760	*	LendingClub Corp		1,451,296
	79,233		LPL Financial Holdings, Inc		8,584,103
	18,056		Morningstar, Inc		4,150,894
	74,073		OneMain Holdings, Inc		3,448,839
	52,710		PROG Holdings, Inc		2,486,858
	141,340		Starwood Property Trust, Inc		2,651,538
	38,571	*	StoneX Group, Inc		2,064,320
	104,756		Virtu Financial, Inc		2,909,074
			TOTAL DIVERSIFIED FINANCIALS		71,117,311
ENERGY - 2.6%
	58,784		Cimarex Energy Co		2,479,509
	246,334	*	Clean Energy Fuels Corp		2,519,997
	115,110		Devon Energy Corp		1,894,711
	74,750	*	Green Plains Inc		1,435,947
	482,710		Marathon Oil Corp		3,494,820
	355,809	*	NexTier Oilfield Solutions, Inc		1,181,286
	201,330	*	Oceaneering International, Inc		1,701,238
	425,080		Patterson-UTI Energy, Inc		2,614,242
	21,541	*	Renewable Energy Group, Inc		1,930,074
	316,650		SM Energy Co		2,656,694
	130,700		Targa Resources Investments, Inc		3,577,259
	72,644		World Fuel Services Corp		2,222,180
			TOTAL ENERGY		27,707,957

37

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

SHARES			COMPANY	VALUE
FOOD & STAPLES RETAILING - 1.2%
	92,343		Andersons, Inc	$	2,123,889
	26,480	*	BJ’s Wholesale Club Holdings, Inc		1,114,014
	123,650	*	Rite Aid Corp		3,250,758
	124,810		SpartanNash Co		2,311,481
	159,424	*	United Natural Foods, Inc		4,317,202
			TOTAL FOOD & STAPLES RETAILING		13,117,344
FOOD, BEVERAGE & TOBACCO - 1.4%
	73,683		Bunge Ltd		4,821,816
	14,703	*	Freshpet, Inc		2,048,275
	155,643	*	Hostess Brands, Inc		2,389,120
	65,970		Lamb Weston Holdings, Inc		4,927,959
	20,500	*	Mission Produce, Inc		394,215
			TOTAL FOOD, BEVERAGE & TOBACCO		14,581,385
HEALTH CARE EQUIPMENT & SERVICES - 6.3%
	81,840	*,e	Accelerate Diagnostics, Inc		839,679
	150,400	*	Alphatec Holdings Inc		2,237,952
	20,000	*	Angiodynamics, Inc		374,800
	67,960	*,e	Co-Diagnostics, Inc		872,607
	269,770	*	Community Health Systems, Inc		2,514,256
	36,880		Encompass Health Corp		2,965,152
	138,050	*	Evolent Health, Inc		2,356,514
	34,000	*	Globus Medical, Inc		2,097,460
	45,431		Hill-Rom Holdings, Inc		4,363,193
	74,100	*	HMS Holdings Corp		2,728,362
	18,000	*	Inari Medical, Inc		1,717,560
	55,600	*	Inovalon Holdings, Inc		1,356,640
	16,855	*	Magellan Health Services, Inc		1,584,033
	40,321	*	ModivCare, Inc		6,393,701
	31,920	*	Molina Healthcare, Inc		6,818,431
	35,900	*	Natus Medical, Inc		874,883
	18,347	*	Nevro Corp		2,968,361
	54,808	*	Orthofix Medical Inc		2,214,791
	92,610		Owens & Minor, Inc		2,693,099
	78,537		Patterson Cos, Inc		2,488,052
	179,830	*	R1 RCM, Inc		4,537,111
	38,036	*	Schrodinger, Inc		3,435,792
	81,426	*	Select Medical Holdings Corp		2,092,648
	19,330	*	Shockwave Medical Inc		2,243,053
	5,766	*	Teladoc, Inc		1,521,244
	66,760	*	Tenet Healthcare Corp		3,155,745
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		67,445,119
HOUSEHOLD & PERSONAL PRODUCTS - 1.0%
	119,594	*	elf Beauty, Inc		2,602,365
	22,804		Medifast, Inc		5,351,415
	35,270		Spectrum Brands Holdings, Inc		2,665,354
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		10,619,134
INSURANCE - 2.2%
	50,511		American Financial Group, Inc		4,755,105
	76,020		Brown & Brown, Inc		3,275,702
	59,180		First American Financial Corp		3,094,522

38

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

SHARES			COMPANY	VALUE
	32,412		Kemper Corp	$	2,280,184
	25,776		Mercury General Corp		1,366,386
	40,057		Selective Insurance Group, Inc		2,602,904
	54,590		W.R. Berkley Corp		3,392,223
	3,179		White Mountains Insurance Group Ltd		3,242,580
			TOTAL INSURANCE		24,009,606
MATERIALS - 4.7%
	32,422		Avery Dennison Corp		4,891,507
	41,892		Avient Corp		1,609,910
	128,270	*	Axalta Coating Systems Ltd		3,462,007
	81,156		CF Industries Holdings, Inc		3,358,235
	84,280		Domtar Corp		2,525,872
	181,035		Element Solutions, Inc		3,083,026
	204,714		Graphic Packaging Holding Co		3,205,821
	21,479		Innospec, Inc		1,885,641
	85,810		Louisiana-Pacific Corp		3,261,638
	18,597		Materion Corp		1,268,130
	38,084		Reliance Steel & Aluminum Co		4,420,791
	20,896		Royal Gold, Inc		2,233,365
	26,053		Scotts Miracle-Gro Co (Class A)		5,768,395
	40,780		Sensient Technologies Corp		2,876,213
	103,487		Silgan Holdings, Inc		3,770,031
	147,614	*	Summit Materials, Inc		3,030,515
			TOTAL MATERIALS		50,651,097
MEDIA & ENTERTAINMENT - 1.7%
	45,594	*	EverQuote Inc		2,054,466
	154,680	*	iHeartMedia, Inc		2,249,047
	12,722	*	Liberty Broadband Corp (Class C)		1,858,048
	82,024	*	Liberty Media Group (Class C)		3,299,826
	103,940	*,e	Lions Gate Entertainment Corp (Class A)		1,454,121
	57,640		Meredith Corp		1,264,045
	44,970	*	Yelp, Inc		1,465,572
	32,750	*	Zillow Group, Inc (Class C)		4,272,565
			TOTAL MEDIA & ENTERTAINMENT		17,917,690
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.9%
	77,326	*	Acadia Pharmaceuticals, Inc		3,715,514
	19,500	*	Acceleron Pharma, Inc		2,252,835
	45,248	*	Agios Pharmaceuticals, Inc		2,125,299
	62,082	*	Alkermes plc		1,303,101
	9,300	*	Allakos, Inc		1,239,969
	216,357	*	Amicus Therapeutics, Inc		4,091,311
	21,500	*	AnaptysBio, Inc		557,280
	18,590	*	Arcutis Biotherapeutics, Inc		507,321
	29,910	*	Arena Pharmaceuticals, Inc		2,220,518
	9,800	*	Arvinas, Inc		739,312
	127,400	*	Avantor, Inc		3,757,026
	39,900	*	Avid Bioservices, Inc		582,141
	37,286	*	Bluebird Bio, Inc		1,661,091
	33,200	*	Cara Therapeutics, Inc		620,840
	35,360	*	CareDx, Inc		2,702,565
	23,742	*	Charles River Laboratories International, Inc		6,150,365
	111,200	*	Exelixis, Inc		2,469,752
	44,970	*	Five Prime Therapeutics, Inc		751,898

39

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

SHARES			COMPANY	VALUE
	86,967	*,e	Flexion Therapeutics, Inc	$	1,058,388
	82,250	*	G1 Therapeutics, Inc		1,984,693
	109,940	*	Gossamer Bio, Inc		1,110,394
	116,361	*	Halozyme Therapeutics, Inc		5,537,620
	110,803	*	Horizon Therapeutics Plc		8,031,001
	25,130	*	Immunovant, Inc		980,824
	42,600	*	Intellia Therapeutics, Inc		2,667,612
	41,600	*	Invitae Corp		2,060,032
	16,415	*	Jazz Pharmaceuticals plc		2,552,533
	24,310	*	Keros Therapeutics, Inc		1,386,886
	71,800	*	Kura Oncology, Inc		2,150,410
	149,800	*	Lexicon Pharmaceuticals, Inc		1,184,918
	66,590	*	MacroGenics, Inc		1,361,100
	437,280	*	MannKind Corp		1,539,226
	44,416	*	Natera, Inc		4,736,522
	17,266	*	Neurocrine Biosciences, Inc		1,894,944
	21,728	*	Novavax, Inc		4,800,584
	30,350	*	Nurix Therapeutics, Inc		1,104,133
	57,044		Perrigo Co plc		2,435,779
	62,708		Phibro Animal Health Corp		1,300,564
	79,840	*	PPD, Inc		2,567,654
	34,551	*	PRA Health Sciences, Inc		4,258,065
	93,089	*	Radius Health, Inc		1,740,764
	8,164	*	Reata Pharmaceuticals, Inc		845,709
	26,916	*	Sarepta Therapeutics, Inc		2,406,290
	9,405	*	Seagen, Inc		1,544,959
	44,600	*	Syros Pharmaceuticals, Inc		488,147
	66,610	*	Travere Therapeutics, Inc		1,681,903
	21,125	*	United Therapeutics Corp		3,460,698
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		106,320,490
REAL ESTATE - 6.2%
	141,271		Alexander & Baldwin, Inc		2,136,018
	146,720		American Homes 4 Rent		4,435,346
	116,320		CareTrust REIT, Inc		2,612,547
	151,216		Columbia Property Trust, Inc		2,056,538
	99,760		CubeSmart		3,475,638
	474,080		Diversified Healthcare Trust		1,905,802
	77,856		Equity Lifestyle Properties, Inc		4,736,759
	64,249		First Industrial Realty Trust, Inc		2,611,079
	101,825		Gaming and Leisure Properties, Inc		4,188,062
	60,068		Getty Realty Corp		1,596,007
	75,742		Healthcare Realty Trust, Inc		2,273,017
	113,206		Kennedy-Wilson Holdings, Inc		1,946,011
	37,029		Life Storage, Inc		3,020,826
	74,450		National Retail Properties, Inc		2,903,550
	54,343		NexPoint Residential Trust, Inc		2,144,918
	109,610		Omega Healthcare Investors, Inc		3,970,074
	210,720		Paramount Group, Inc		1,873,301
	159,030		Park Hotels & Resorts, Inc		2,652,620
	63,560		Regency Centers Corp		2,998,761
	73,840		Rexford Industrial Realty, Inc		3,613,730
	26,228		RMR Group, Inc		967,289
	52,815		STAG Industrial, Inc		1,573,887
	157,140		VICI Properties, Inc		3,972,499
	118,492		Weingarten Realty Investors		2,667,255
			TOTAL REAL ESTATE		66,331,534

40

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

SHARES			COMPANY	VALUE
RETAILING - 5.6%
	45,801	*	Autonation, Inc	$	3,264,695
	68,650		Bed Bath & Beyond, Inc		2,425,404
	77,320		Camping World Holdings, Inc		2,641,251
	55,700	*,e	CarParts.com, Inc		875,047
	44,230	*	Container Store Group, Inc		602,855
	91,609		Core-Mark Holding Co, Inc		2,809,648
	30,620	*	Etsy, Inc		6,096,136
	11,600	*	GameStop Corp (Class A)		3,770,000
	17,380	*	GrubHub, Inc		1,308,193
	25,970	*	Hibbett Sports, Inc		1,466,006
	92,210		Kohl’s Corp		4,062,773
	195,945	*	Magnite, Inc		6,787,535
	64,160	*	MarineMax, Inc		2,683,813
	59,027	*	National Vision Holdings, Inc		2,737,082
	82,000	*	ODP Corp		3,500,580
	13,840		Pool Corp		4,901,851
	9,730	*	RH		4,625,253
	34,715		Sonic Automotive, Inc (Class A)		1,420,885
	405,210	*,e	Waitr Holdings Inc		1,434,443
	68,262	*	Zumiez, Inc		2,940,727
			TOTAL RETAILING		60,354,177
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.1%
	15,800	*	Alpha & Omega Semiconductor Ltd		454,092
	11,500	*	Ambarella, Inc		1,085,140
	213,384		Amkor Technology, Inc		3,311,720
	60,563		Brooks Automation, Inc		4,588,253
	25,745	*	Enphase Energy, Inc		4,694,601
	76,277	*	Formfactor, Inc		3,117,441
	29,500	*	Ichor Holdings Ltd		1,064,950
	46,165	*	Impinj, Inc		2,445,360
	106,426	*	Lattice Semiconductor Corp		4,268,747
	45,143		Marvell Technology Group Ltd		2,323,059
	187,788	*	NeoPhotonics Corp Ltd		2,091,958
	81,399		Teradyne, Inc		9,237,158
	67,200	*	Ultra Clean Holdings		2,593,920
	12,376		Universal Display Corp		2,856,628
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		44,133,027
SOFTWARE & SERVICES - 10.2%
	41,123		Amdocs Ltd		2,904,106
	23,477	*	Avalara, Inc		3,521,550
	70,160	*	Avaya Holdings Corp		1,560,358
	55,618	*	Black Knight, Inc		4,543,434
	60,559		Booz Allen Hamilton Holding Co		5,157,810
	16,339	*	CACI International, Inc (Class A)		3,941,294
	151,390	*	Cloudera, Inc		2,311,725
	28,211	*	Concentrix Corp		3,016,320
	14,714	*	DocuSign, Inc		3,426,743
	74,630	*	Domo, Inc		4,730,796
	98,203	*	Dynatrace, Inc		4,076,407
	35,665	*	Elastic NV		5,419,653
	65,681		EVERTEC, Inc		2,279,131
	41,741	*	Five9, Inc		6,939,441
	65,980		Genpact Ltd		2,525,714
	8,550	*	Globant S.A.		1,641,600

41

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

SHARES			COMPANY	VALUE
	16,649		Mantech International Corp (Class A)	$	1,493,249
	142,490	*	Nuance Communications, Inc		6,488,995
	112,265	*	Nutanix, Inc		3,426,328
	24,719	*	Paylocity Holding Corp		4,633,824
	41,991		Pegasystems, Inc		5,351,753
	156,879		Perspecta, Inc		4,541,647
	74,961		Progress Software Corp		3,011,933
	48,587	*	RealPage, Inc		4,206,177
	27,900	*	Smartsheet, Inc		1,945,746
	55,503	*	SPS Commerce, Inc		5,488,692
	109,496	*	SVMK, Inc		2,760,394
	62,300	*	Veritone, Inc		2,446,521
	38,462	*	Zendesk, Inc		5,547,759
			TOTAL SOFTWARE & SERVICES		109,339,100
TECHNOLOGY HARDWARE & EQUIPMENT - 3.6%
	325,930	*	Arlo Technologies, Inc		2,741,071
	46,085	*	Arrow Electronics, Inc		4,499,279
	94,975		Avnet, Inc		3,353,567
	48,400	*	Cambium Networks Corp		1,778,700
	42,000		Cognex Corp		3,449,460
	14,380	*	ePlus, Inc		1,208,495
	41,290	*	Insight Enterprises, Inc		3,142,169
	78,146		Jabil Inc		3,232,900
	130,773	*	Knowles Corp		2,522,611
	87,581		National Instruments Corp		3,625,854
	89,442	*	Sanmina Corp		2,781,646
	28,211		Synnex Corp		2,302,582
	62,030	*	Trimble Inc		4,088,397
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		38,726,731
TELECOMMUNICATION SERVICES - 0.2%
	147,453	*	Liberty Latin America Ltd (Class A)		1,487,801
	44,464	*	Liberty Latin America Ltd (Class C)		439,749
			TOTAL TELECOMMUNICATION SERVICES		1,927,550
TRANSPORTATION - 1.8%
	55,382		Alaska Air Group, Inc		2,704,303
	75,011	*	Echo Global Logistics, Inc		1,975,040
	29,106		Forward Air Corp		2,086,609
	97,115	*	Hub Group, Inc (Class A)		5,111,162
	36,004		Landstar System, Inc		5,018,958
	129,590		Marten Transport Ltd		2,054,001
			TOTAL TRANSPORTATION		18,950,073
UTILITIES - 1.9%
	38,051		Brookfield Renewable Corp		2,128,953
	97,134		Clearway Energy, Inc (Class A)		2,800,373
	121,866		MDU Resources Group, Inc		3,203,857
	140,066		NRG Energy, Inc		5,800,133
	31,820		ONE Gas, Inc		2,326,997
	185,777		Vistra Energy Corp		3,709,967
			TOTAL UTILITIES		19,970,280
			TOTAL COMMON STOCKS		1,073,200,570
			(Cost $808,631,568)

42

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

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.5%
REPURCHASE AGREEMENT - 0.3%
$	3,095,000	r	Fixed Income Clearing Corp (FICC)		0.040	%	02/01/21	$	3,095,000
			TOTAL REPURCHASE AGREEMENT						3,095,000
	SHARES		COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.2%
	2,361,658	c	State Street Navigator Securities Lending		0.060				2,361,658
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						2,361,658
			TOTAL SHORT-TERM INVESTMENTS						5,456,658
			(Cost $5,456,658)
			TOTAL INVESTMENTS - 100.4%						1,078,657,228
			(Cost $814,088,226)
			OTHER ASSETS & LIABILITIES, NET - (0.4)%						(3,921,158	)
			NET ASSETS - 100.0%					$	1,074,736,070

	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 $2,866,936.
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $3,095,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $3,156,933.

43

TIAA-CREF FUNDS - Social Choice Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.4%
AUTOMOBILES & COMPONENTS - 2.2%
	65,670		Aptiv plc	$	8,773,512
	12,746		BorgWarner, Inc		535,205
	86,264	*	Tenneco, Inc		871,266
	162,767	*	Tesla, Inc		129,160,497
			TOTAL AUTOMOBILES & COMPONENTS		139,340,480
BANKS - 2.5%
	1,694		Ameris Bancorp		66,252
	26,689		Associated Banc-Corp		478,801
	47,422		Bank OZK		1,762,202
	3,518		Banner Corp		155,601
	47,884		Berkshire Hills Bancorp, Inc		793,917
	6,267		Brookline Bancorp, Inc		78,902
	8,221		Bryn Mawr Bank Corp		255,509
	1,799		Cadence BanCorp		32,238
	3,985		Camden National Corp		149,637
	471,252		Citizens Financial Group, Inc		17,172,423
	440		Columbia Banking System, Inc		16,949
	108,335		Comerica, Inc		6,196,762
	353		Commerce Bancshares, Inc		23,598
	1,572		Community Trust Bancorp, Inc		57,315
	3,270		Cullen/Frost Bankers, Inc		301,625
	46,110	*	Customers Bancorp, Inc		1,024,564
	12,542		Federal Agricultural Mortgage Corp (Class C)		953,192
	10,587		First Busey Corp		218,833
	44,108		First Republic Bank		6,395,219
	1,130		FNB Corp		11,142
	540		Glacier Bancorp, Inc		25,191
	52,448		Great Western Bancorp, Inc		1,258,752
	1,279		Hancock Whitney Corp		43,665
	8,920		Heartland Financial USA, Inc		380,527
	3,902		Heritage Financial Corp		92,087
	19,184		HomeStreet, Inc		698,298
	285,811		Huntington Bancshares, Inc		3,779,851
	118,883		Investors Bancorp, Inc		1,368,343
	94,874		Kearny Financial Corp		981,946
	218,676		Keycorp		3,686,877
	24,031		Live Oak Bancshares, Inc		958,356
	82,152		M&T Bank Corp		10,882,675
	17,553		MGIC Investment Corp		205,721
	15,374	*	Mr Cooper Group, Inc		418,634
	26,162		National Bank Holdings Corp		870,410
	310		NBT Bancorp, Inc		10,233
	468,877		New York Community Bancorp, Inc		4,904,453
	7,838		Old National Bancorp		131,600
	166,628		People’s United Financial, Inc		2,276,138
	53,702		Pinnacle Financial Partners, Inc		3,680,198

44

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	259,889		PNC Financial Services Group, Inc	$	37,299,269
	682,855		Regions Financial Corp		11,615,364
	12,826		Stock Yards Bancorp, Inc		579,735
	19,485	*	SVB Financial Group		8,530,143
	1,879	*	Texas Capital Bancshares, Inc		113,153
	10,055		TFS Financial Corp		177,672
	17,614	*	The Bancorp, Inc		295,387
	3,796		Trico Bancshares		141,591
	31,975	*	Tristate Capital Holdings, Inc		586,741
	513,618		Truist Financial Corp		24,643,392
	350		Trustmark Corp		9,615
	2,167		UMB Financial Corp		153,792
	650		Umpqua Holdings Corp		9,432
	3,046		United Bankshares, Inc		96,436
	17,523		Univest Financial Corp		393,391
	3,230		Webster Financial Corp		151,003
	21,910		WesBanco, Inc		635,390
	1,553		Westamerica Bancorporation		86,688
	230		Wintrust Financial Corp		13,844
	684		WSFS Financial Corp		29,391
	55,123		Zions Bancorporation		2,433,129
			TOTAL BANKS		160,793,194
CAPITAL GOODS - 5.5%
	213,347		3M Co		37,476,534
	954		Acuity Brands, Inc		114,709
	16,472	*	Aegion Corp		302,591
	85,519	*	Axon Enterprise, Inc		14,038,799
	46,198		Barnes Group, Inc		2,220,738
	419	*	Beacon Roofing Supply, Inc		16,664
	145,855	*	Bloom Energy Corp		5,091,798
	17,565		Carlisle Cos, Inc		2,545,696
	186,879		Caterpillar, Inc		34,168,956
	41,474		Cubic Corp		2,537,379
	35,835		Cummins, Inc		8,400,441
	74,317		Curtiss-Wright Corp		7,713,361
	99,550		Deere & Co		28,750,040
	171,470		Eaton Corp		20,182,019
	1,365		EMCOR Group, Inc		120,530
	119,034		Fastenal Co		5,426,760
	99,730		Fortive Corp		6,590,158
	300		GATX Corp		27,840
	245		Granite Construction, Inc		7,255
	11,668	*	Herc Holdings, Inc		746,519
	143,741		Hexcel Corp		6,275,732
	1,801		IDEX Corp		335,328
	160,575		Illinois Tool Works, Inc		31,185,271
	317,614		Johnson Controls International plc		15,823,530
	171,085		Masco Corp		9,291,626
	92,806	*	Mercury Systems, Inc		6,594,794
	23,535		Moog, Inc (Class A)		1,738,530
	3,829	*	MYR Group, Inc		212,931
	6,412		Owens Corning, Inc		497,571
	59,731		PACCAR, Inc		5,448,662
	47,521		Parker-Hannifin Corp		12,574,532
	165,839	*	Plug Power, Inc		10,476,050

45

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	37,955		Rockwell Automation, Inc	$	9,432,956
	36,980		Roper Technologies Inc		14,529,812
	3,916		Rush Enterprises, Inc (Class A)		164,433
	9,292		Snap-On, Inc		1,672,467
	11,029		Stanley Black & Decker, Inc		1,913,421
	37,441	*	Teledyne Technologies, Inc		13,366,811
	69,059		Trane Technologies plc		9,899,608
	19,636	*	Trimas Corp		621,479
	30,230	*	United Rentals, Inc		7,346,192
	20,461	*	Vectrus, Inc		1,051,695
	13,236		W.W. Grainger, Inc		4,823,066
	1,174		Wabash National Corp		18,725
	4,192	*	WESCO International, Inc		319,053
	36,655		Woodward Inc		4,103,527
	36,530		Xylem, Inc		3,528,433
			TOTAL CAPITAL GOODS		349,725,022
COMMERCIAL & PROFESSIONAL SERVICES - 1.3%
	540		ABM Industries, Inc		19,840
	9,872		ACCO Brands Corp		79,864
	970	*	ASGN Inc		80,423
	15,838		Cintas Corp		5,038,385
	140,578	*	Copart, Inc		15,428,436
	650		Covanta Holding Corp		9,198
	11,966	*	FTI Consulting, Inc		1,315,901
	4,282		Heidrick & Struggles International, Inc		124,863
	8,866	*	Huron Consulting Group, Inc		469,543
	4,156		ICF International, Inc		320,552
	262,982		IHS Markit Ltd		22,900,473
	39,570		Kelly Services, Inc (Class A)		772,406
	5,758		Kimball International, Inc (Class B)		69,614
	590		Knoll, Inc		8,826
	19,611		Resources Connection, Inc		226,311
	52,605		Robert Half International, Inc		3,550,838
	1,210		Steelcase, Inc (Class A)		15,645
	120,100		TransUnion		10,453,504
	2,825	*	TriNet Group, Inc		209,361
	14,026		Verisk Analytics, Inc		2,573,771
	34,600		Viad Corp		1,193,700
	145,676		Waste Management, Inc		16,216,652
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		81,078,106
CONSUMER DURABLES & APPAREL - 1.5%
	13,930		Callaway Golf Co		388,508
	396		Columbia Sportswear Co		34,634
	48,547		DR Horton, Inc		3,728,410
	41,286		Ethan Allen Interiors, Inc		976,414
	6,860		Garmin Ltd		787,940
	26,976	*,e	GoPro, Inc		241,435
	9,306	*	Green Brick Partners, Inc		185,189
	258		Hasbro, Inc		24,205
	23,776	*,e	iRobot Corp		2,855,498
	39,735		Lennar Corp (Class A)		3,303,965
	27,336	*	Lululemon Athletica, Inc		8,984,796
	17,259	*	Mohawk Industries, Inc		2,478,392
	5,483		Newell Brands Inc		131,702

46

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	417,432		Nike, Inc (Class B)	$	55,764,741
	2,134	*	NVR, Inc		9,488,788
	1,614		PVH Corp		137,610
	136,133	*	Sonos, Inc		3,559,878
	57,495		VF Corp		4,419,641
			TOTAL CONSUMER DURABLES & APPAREL		97,491,746
CONSUMER SERVICES - 2.4%
	26,652	*	American Public Education, Inc		767,045
	33,683	*	Bright Horizons Family Solutions		5,118,806
	27,978		Carriage Services, Inc		926,631
	10,283	*	Chipotle Mexican Grill, Inc (Class A)		15,218,840
	42,424		Darden Restaurants, Inc		4,958,941
	79,641	*	Dave & Buster’s Entertainment, Inc		2,709,387
	320		Dine Brands Global Inc.		22,003
	24,042		Domino’s Pizza, Inc		8,913,812
	36,071	*	El Pollo Loco Holdings, Inc		734,045
	12,999	*	frontdoor, Inc		715,465
	7,258		Graham Holdings Co		4,123,342
	237,102		Hilton Worldwide Holdings, Inc		24,039,772
	17,475		Marriott Vacations Worldwide Corp		2,145,231
	28,107	*	Planet Fitness, Inc		2,023,704
	214,045		Royal Caribbean Cruises Ltd		13,912,925
	79,942		Service Corp International		4,031,475
	3,259	*	Shake Shack, Inc		369,636
	73,527		Six Flags Entertainment Corp		2,514,623
	477,754		Starbucks Corp		46,251,365
	87,949	*	Terminix Global Holdings, Inc		4,193,408
	19,207		Vail Resorts, Inc		5,108,294
	74,915		Wendy’s		1,528,266
	23,431	*	WW International Inc		622,327
			TOTAL CONSUMER SERVICES		150,949,343
DIVERSIFIED FINANCIALS - 5.9%
	178,603		Ally Financial, Inc		6,758,338
	360,260		American Express Co		41,883,828
	502,214		Bank of New York Mellon Corp		20,003,184
	60,682		BlackRock, Inc		42,553,859
	616,865		Charles Schwab Corp		31,793,222
	127,359		CME Group, Inc		23,146,225
	280		Cohen & Steers, Inc		18,340
	358,261		Discover Financial Services		29,929,124
	8,872		Factset Research Systems, Inc		2,682,360
	93,919		Franklin Resources, Inc		2,469,130
	9,333	*	Green Dot Corp		468,797
	350,309		Intercontinental Exchange Group, Inc		38,656,598
	36,329		Invesco Ltd		748,014
	18,792		MarketAxess Holdings, Inc		10,161,962
	66,740		Moody’s Corp		17,770,192
	635,766		Morgan Stanley		42,628,110
	22,879		Nasdaq Inc		3,094,842
	14,006	*,†	NewStar Financial, Inc		3,382
	119,931		Northern Trust Corp		10,696,646
	5,668	*	PRA Group, Inc		186,874
	2,432		PROG Holdings, Inc		114,742
	107,469		S&P Global, Inc		34,067,673

47

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	123,600		State Street Corp	$	8,652,000
	27,351		T Rowe Price Group, Inc		4,279,884
	25,591		Voya Financial, Inc		1,419,277
			TOTAL DIVERSIFIED FINANCIALS		374,186,603
ENERGY - 2.3%
	365,578		Antero Midstream Corp		2,961,182
	168,015		Apache Corp		2,399,254
	255,419		Baker Hughes Co		5,131,368
	2,812	*	ChampionX Corp		42,996
	131,742	*	Cheniere Energy, Inc		8,343,221
	501,595		Chevron Corp		42,735,894
	12,907		Cimarex Energy Co		544,417
	473,573		ConocoPhillips		18,957,127
	2,207		Delek US Holdings, Inc		41,403
	211,025		EQT Corp		3,441,818
	244,595	*	Helix Energy Solutions Group, Inc		1,007,731
	96,629		Hess Corp		5,216,034
	950,369		Kinder Morgan, Inc		13,381,196
	681,982		Kosmos Energy Ltd		1,514,000
	1,400,276		Marathon Oil Corp		10,137,998
	4,184	*	Nov, Inc		51,798
	12,097	*	Oceaneering International, Inc		102,220
	19,522		ONEOK, Inc		777,561
	496,614		Schlumberger Ltd		11,029,797
	101,258	*	Select Energy Services, Inc		508,315
	744,346	*	Southwestern Energy Co		2,806,184
	201,345		Valero Energy Corp		11,361,898
			TOTAL ENERGY		142,493,412
FOOD & STAPLES RETAILING - 0.7%
	191,931	*	BJ’s Wholesale Club Holdings, Inc		8,074,537
	53,353		Casey’s General Stores, Inc		10,002,620
	53,344	*	Chefs’ Warehouse Holdings, Inc		1,455,758
	47,513	*	Performance Food Group Co		2,227,409
	37,095		Pricesmart, Inc		3,482,479
	59,184		SpartanNash Co		1,096,088
	201,369	*	Sprouts Farmers Market, Inc		4,561,008
	92,192	*	United Natural Foods, Inc		2,496,559
	249,841	*	US Foods Holding Corp		7,742,573
			TOTAL FOOD & STAPLES RETAILING		41,139,031
FOOD, BEVERAGE & TOBACCO - 2.6%
	47,253	*	Beyond Meat, Inc		8,414,814
	75,680		Campbell Soup Co		3,640,965
	1,091,109		Coca-Cola Co		52,536,899
	13,309	*	Darling International, Inc		825,291
	52,427		Fresh Del Monte Produce, Inc		1,282,889
	366,471		General Mills, Inc		21,291,965
	3,800	*	Hain Celestial Group, Inc		158,023
	206,505		Hormel Foods Corp		9,676,824
	130,364		Kellogg Co		7,683,654
	70,056		McCormick & Co, Inc		6,272,814
	402,532		PepsiCo, Inc		54,973,795
	6,553	*	TreeHouse Foods, Inc		276,733
			TOTAL FOOD, BEVERAGE & TOBACCO		167,034,666

48

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
HEALTH CARE EQUIPMENT & SERVICES - 7.1%
	36,512	*	Abiomed, Inc	$	12,715,304
	40,357	*,e	Accelerate Diagnostics, Inc		414,063
	42,465	*	Align Technology, Inc		22,310,262
	255,113	*	Allscripts Healthcare Solutions, Inc		4,209,364
	59,123	*	Angiodynamics, Inc		1,107,965
	198,633	*	Antares Pharma, Inc		870,013
	13,330	*	AtriCure, Inc		776,206
	983	*,e	Axonics Modulation Technologies, Inc		50,821
	42,429		Becton Dickinson & Co		11,107,488
	1,171	*	BioTelemetry, Inc		83,680
	18,940		Cardinal Health, Inc		1,017,646
	408,000	*	Centene Corp		24,602,400
	305,608		Cerner Corp		24,482,257
	238,681	*	Cerus Corp		1,572,908
	168,908		Cigna Corp		36,661,481
	19,097		Computer Programs & Systems, Inc		587,806
	34,556		Cooper Cos, Inc		12,579,766
	86,367	*	Covetrus, Inc		2,942,524
	349,817		CVS Health Corp		25,064,388
	174,825		Dentsply Sirona, Inc		9,351,389
	47,832	*	DexCom, Inc		17,929,825
	356,778	*	Edwards Lifesciences Corp		29,462,727
	141,106	*	Envista Holdings Corp		5,014,907
	38,127	*	GenMark Diagnostics, Inc		526,534
	12,520	*	Glaukos Corp		1,110,399
	11,862	*	Globus Medical, Inc		731,767
	10,134	*	Guardant Health, Inc		1,575,837
	5,238	*	Haemonetics Corp		598,651
	105,672		HCA Healthcare, Inc		17,169,587
	55,315	*	Health Catalyst, Inc		2,748,049
	22,037	*	Henry Schein, Inc		1,451,136
	5,398	*	Heska Corp		903,409
	92,217	*	Hologic, Inc		7,352,461
	88,343		Humana, Inc		33,845,087
	49,662	*	IDEXX Laboratories, Inc		23,772,206
	7,998	*	Inogen, Inc		391,342
	18,829	*	Integer Holding Corp		1,389,580
	18,561	*	Intersect ENT, Inc		417,066
	37,957	*	Laboratory Corp of America Holdings		8,688,737
	25,670		LeMaitre Vascular, Inc		1,233,700
	7,921	*	LivaNova plc		498,231
	1,635	*	Magellan Health Services, Inc		153,657
	12,655	*	Meridian Bioscience, Inc		279,675
	57,619	*	Merit Medical Systems, Inc		3,120,069
	2,365	*	ModivCare, Inc		375,018
	94,024	*	NextGen Healthcare, Inc		1,859,795
	36,544	*	Omnicell, Inc		4,304,883
	51,150	*	OraSure Technologies, Inc		779,014
	30,909	*	Orthofix Medical Inc		1,249,033
	13,076	*	Penumbra, Inc		3,414,013
	1,887		Premier, Inc		63,913
	22,904		Quest Diagnostics, Inc		2,958,052
	60,260	*	Quidel Corp		15,123,452
	68,280		Resmed, Inc		13,763,200

49

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	41,276	*	Staar Surgical Co	$	4,234,092
	27,192		STERIS plc		5,087,895
	27,194	*	Tactile Systems Technology, Inc		1,483,433
	14,310	*	Tandem Diabetes Care, Inc		1,325,821
	86,043	*,e	Teladoc, Inc		22,700,725
	14,585	*	Triple-S Management Corp (Class B)		341,727
	31,883	*	Varian Medical Systems, Inc		5,597,698
	52,629	*	Vocera Communications, Inc		2,313,045
	37,317		West Pharmaceutical Services, Inc		11,176,068
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		451,023,247
HOUSEHOLD & PERSONAL PRODUCTS - 2.2%
	71,778		Clorox Co		15,034,620
	260,833		Colgate-Palmolive Co		20,344,974
	67,985		Estee Lauder Cos (Class A)		16,088,650
	54,856		Kimberly-Clark Corp		7,246,478
	619,963		Procter & Gamble Co		79,485,456
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		138,200,178
INSURANCE - 2.6%
	275,241		Aflac, Inc		12,435,388
	96,775		Allstate Corp		10,372,344
	63,527		Aon plc		12,902,334
	198,853		Chubb Ltd		28,966,917
	1,444	*	eHealth, Inc		69,095
	249,166	*	Genworth Financial, Inc (Class A)		707,631
	73,799		Lincoln National Corp		3,357,117
	178,033		Loews Corp		8,063,115
	237,157		Marsh & McLennan Cos, Inc		26,065,926
	245,742		Progressive Corp		21,426,245
	268,139		Prudential Financial, Inc		20,989,921
	128,444		Travelers Cos, Inc		17,506,917
	366		White Mountains Insurance Group Ltd		373,320
	12,115		Willis Towers Watson plc		2,458,618
			TOTAL INSURANCE		165,694,888
MATERIALS - 2.9%
	15,724		Amcor plc		172,021
	10,332		Aptargroup, Inc		1,373,846
	203,433		Ball Corp		17,906,173
	78,491	*	Century Aluminum Co		765,287
	1,709		Compass Minerals International, Inc		99,566
	441,519	e	DuPont de Nemours, Inc		35,078,685
	140,693		Ecolab, Inc		28,773,125
	945		H.B. Fuller Co		48,091
	13,047	e	International Flavors & Fragrances, Inc		1,466,222
	202,293		Linde plc		49,642,702
	15,280		Martin Marietta Materials, Inc		4,391,625
	121,472		Mosaic Co		3,153,413
	417,007		Newmont Goldcorp Corp		24,853,617
	127,761		Nucor Corp		6,225,794
	19,087		PPG Industries, Inc		2,571,210
	2,337		Reliance Steel & Aluminum Co		271,279
	4,126		Schnitzer Steel Industries, Inc (Class A)		121,799
	145,000	*	Summit Materials, Inc		2,976,850
	21,681		Trinseo S.A.		1,102,045

50

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	26,495	*	US Concrete, Inc	$	1,173,464
			TOTAL MATERIALS		182,166,814
MEDIA & ENTERTAINMENT - 8.1%
	446,292		Activision Blizzard, Inc		40,612,572
	58,199	*	Alphabet, Inc (Class A)		106,350,525
	56,656	*	Alphabet, Inc (Class C)		104,005,685
	2,875		Cable One, Inc		5,750,000
	21,905	*	Cardlytics, Inc		2,678,324
	183,270	e	Cinemark Holdings, Inc		3,709,385
	280,533	*,e	Discovery, Inc (Class A)		11,619,677
	475,103	*	Discovery, Inc (Class C)		16,642,858
	155,882		Electronic Arts, Inc		22,322,302
	155,166	*	Gray Television, Inc		2,645,580
	103,389	*	iHeartMedia, Inc		1,503,276
	84,829	*	Imax Corp		1,603,268
	104,365		Interpublic Group of Cos, Inc		2,512,066
	48,734		John Wiley & Sons, Inc (Class A)		2,222,758
	19,147	*	Liberty Broadband Corp (Class A)		2,779,570
	170,308	*	Liberty Broadband Corp (Class C)		24,873,483
	223,677	*	Live Nation, Inc		14,863,337
	17,298	*	Madison Square Garden Co		2,800,373
	58,591		New York Times Co (Class A)		2,905,528
	200,000		Nuveen ESG Large-Cap ETF		6,988,000
	294,588		Omnicom Group, Inc		18,376,399
	499,407	*	Pinterest, Inc		34,214,374
	38,431		Scholastic Corp		990,367
	79,157		Sinclair Broadcast Group, Inc (Class A)		2,494,237
	2,058,500	e	Sirius XM Holdings, Inc		12,886,210
	77,379	*	Take-Two Interactive Software, Inc		15,510,621
	8,077		TEGNA, Inc		129,474
	179,898	*	TripAdvisor, Inc		5,571,441
	469,482	*	Twitter, Inc		23,722,925
	39,121		World Wrestling Entertainment, Inc (Class A)		2,203,686
	1,539,472	*	Zynga, Inc		15,256,168
			TOTAL MEDIA & ENTERTAINMENT		510,744,469
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.8%
	387,840		AbbVie, Inc		39,745,843
	54,132	*	Acadia Pharmaceuticals, Inc		2,601,043
	72,985	*	Aerie Pharmaceuticals, Inc		1,254,612
	150,551		Agilent Technologies, Inc		18,091,714
	46,854	*	Agios Pharmaceuticals, Inc		2,200,732
	180,747		Amgen, Inc		43,637,748
	19,093	*	AnaptysBio, Inc		494,891
	39,118	*	Assembly Biosciences, Inc		218,278
	68,699	*	Atara Biotherapeutics, Inc		1,268,184
	7,618	*	Avrobio, Inc		109,014
	2,503	*	Axsome Therapeutics, Inc		170,429
	253,324	*	BioCryst Pharmaceuticals, Inc		2,158,320
	59,313	*	Biogen, Inc		16,762,447
	47,040	*	BioMarin Pharmaceutical, Inc		3,893,971
	53,151	*	Bluebird Bio, Inc		2,367,877
	694,911		Bristol-Myers Squibb Co		42,688,383
	54,314	*	Collegium Pharmaceutical, Inc		1,311,140
	263,904		Eli Lilly & Co		54,884,115

51

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	4,990	*,e	Esperion Thereapeutics, Inc	$	157,135
	34,362	*,e	Flexion Therapeutics, Inc		418,186
	369,794		Gilead Sciences, Inc		24,258,486
	32,627	*	Halozyme Therapeutics, Inc		1,552,719
	13,651	*	Illumina, Inc		5,821,332
	32,728	*	Insmed, Inc		1,230,246
	91,116	*	Intra-Cellular Therapies, Inc		2,929,379
	56,297	*	IQVIA Holdings, Inc		10,009,607
	27,862	*	Jazz Pharmaceuticals plc		4,332,541
	67,163	*	Karyopharm Therapeutics, Inc		1,022,892
	32,897	*	MacroGenics, Inc		672,415
	688,678		Merck & Co, Inc		53,076,413
	5,838	*	Mettler-Toledo International, Inc		6,819,368
	2,895	*	Mirati Therapeutics, Inc		594,430
	5,398	*,e	Novavax, Inc		1,192,634
	365,030	*,e	Opko Health, Inc		1,974,812
	42,303		Perrigo Co plc		1,806,338
	66,120	*	Prothena Corp plc		741,205
	9,835	*	Regeneron Pharmaceuticals, Inc		4,955,266
	14,849	*	Repligen Corp		2,969,800
	74,418	*	Revance Therapeutics, Inc		1,893,194
	5,837	*	Sage Therapeutics, Inc		470,754
	87,463	*	Sangamo Therapeutics Inc		1,194,745
	382,901	*,e	TherapeuticsMD, Inc		631,787
	101,827		Thermo Fisher Scientific, Inc		51,901,222
	5,640	*	Tricida, Inc		37,111
	28,275	*	Ultragenyx Pharmaceutical, Inc		3,918,632
	138,897	*	Vertex Pharmaceuticals, Inc		31,818,525
	18,425	*	Waters Corp		4,876,545
	47,090	*,e	ZIOPHARM Oncology, Inc		174,704
	230,091		Zoetis, Inc		35,491,537
	14,602	*	Zogenix, Inc		276,854
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		493,079,555
REAL ESTATE - 3.1%
	48,860		Alexandria Real Estate Equities, Inc		8,164,995
	159,263		American Tower Corp		36,210,036
	5,584		Americold Realty Trust		194,937
	72,632		Boston Properties, Inc		6,629,123
	54,010		Brixmor Property Group, Inc		914,389
	27,618		CatchMark Timber Trust, Inc		251,876
	84,154	*	CBRE Group, Inc		5,131,711
	7,957		Coresite Realty		1,069,739
	23,373		Cousins Properties, Inc		737,184
	31,197		CyrusOne, Inc		2,275,821
	309,873	*	DiamondRock Hospitality Co		2,540,959
	8,358		Douglas Emmett, Inc		231,600
	19,598		Easterly Government Properties, Inc		430,176
	36,148		Equinix, Inc		26,748,074
	33,420		First Industrial Realty Trust, Inc		1,358,189
	52,368		Franklin Street Properties Corp		215,233
	204,267		Healthpeak Properties Inc		6,056,517
	296,126		Host Hotels and Resorts, Inc		4,012,507
	32,022	*	Howard Hughes Corp		2,759,336
	24,076		Hudson Pacific Properties		564,341
	27,253		iStar Inc		413,701

52

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	5,945	*	Jones Lang LaSalle, Inc	$	869,218
	4,739		Kilroy Realty Corp		268,370
	88,542		Kimco Realty Corp		1,461,828
	243,312		Macerich Co		3,819,998
	4,166		Paramount Group, Inc		37,036
	412,858		Park Hotels & Resorts, Inc		6,886,471
	540		Piedmont Office Realty Trust, Inc		8,305
	349,941		Prologis, Inc		36,113,911
	4,690		QTS Realty Trust, Inc		305,319
	59,974	*	Realogy Holdings Corp		851,631
	15,022		Regency Centers Corp		708,738
	33,735		RLJ Lodging Trust		435,519
	2,009		RMR Group, Inc		74,092
	50,222		SBA Communications Corp		13,493,145
	30,349		UDR, Inc		1,166,919
	63,246		Ventas, Inc		2,913,743
	297		Washington REIT		6,516
	177,561		Welltower, Inc		10,760,197
	238,457		Weyerhaeuser Co		7,437,474
	58,638		Xenia Hotels & Resorts, Inc		848,492
			TOTAL REAL ESTATE		195,377,366
RETAILING - 5.4%
	42,656	*	1-800-FLOWERS.COM, Inc (Class A)		1,310,819
	1,216	*	Aaron’s Co, Inc		20,599
	15,656		Advance Auto Parts, Inc		2,334,936
	20,438	*	Booking Holdings, Inc		39,738,217
	250		Buckle, Inc		9,830
	1,601	*	CarMax, Inc		188,566
	110,482		Designer Brands, Inc		1,353,404
	19,185	*	Dollar Tree, Inc		1,950,347
	669,526		eBay, Inc		37,834,914
	242,982		Expedia Group, Inc		30,154,066
	6,360	*	Five Below, Inc		1,117,643
	20,838	*	Gap, Inc		421,969
	24,775	*	Genesco, Inc		961,518
	41,091	*	Groupon, Inc		1,404,079
	29,239	*	Hibbett Sports, Inc		1,650,542
	257,453		Home Depot, Inc		69,723,421
	17,745	*	Lands’ End, Inc		489,939
	77,025	*	LKQ Corp		2,702,807
	212,649		Lowe’s Companies, Inc		35,480,486
	424,516	*,e	Macy’s, Inc		6,384,721
	35,671	*	MarineMax, Inc		1,492,118
	397		Pool Corp		140,609
	147,288	*	Quotient Technology, Inc		1,304,972
	106,917	*	RealReal, Inc		2,531,795
	44,159		Ross Stores, Inc		4,914,455
	5,448	*	Sally Beauty Holdings, Inc		82,265
	16,066		Shoe Carnival, Inc		754,941
	201,938		Target Corp		36,585,107
	318,134		TJX Companies, Inc		20,373,301
	15,754		Tractor Supply Co		2,232,972
	110,844	*	Wayfair, Inc		30,185,038
	28,742		Williams-Sonoma, Inc		3,705,419
	860		Winmark Corp		146,742

53

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	18,394	*	Zumiez, Inc	$	792,414
			TOTAL RETAILING		340,474,971
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.4%
	352,557		Applied Materials, Inc		34,085,211
	22,180	*	Cirrus Logic, Inc		2,078,044
	27,359	*	Cree, Inc		2,765,448
	75,276	*	First Solar, Inc		7,463,615
	1,224,872		Intel Corp		67,992,645
	56,941		Lam Research Corp		27,556,597
	155,501		NVIDIA Corp		80,796,765
	18,585	*	Silicon Laboratories, Inc		2,437,794
	337,042		Texas Instruments, Inc		55,844,489
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		281,020,608
SOFTWARE & SERVICES - 13.8%
	221,682		Accenture plc		53,629,309
	140,281	*	Adobe, Inc		64,356,714
	8,239	*	Anaplan, Inc		549,541
	21,767	*	Aspen Technology, Inc		2,914,601
	136,139	*	Autodesk, Inc		37,769,043
	154,389		Automatic Data Processing, Inc		25,492,712
	147,482	*	Avaya Holdings Corp		3,280,000
	50,952	*	Benefitfocus, Inc		626,710
	11,196	*	Bill.Com Holdings, Inc		1,364,568
	86,552	*	Blackline, Inc		11,218,870
	7,095	*,h	BM Technologies, Inc		102,736
	133,543	*	Cadence Design Systems, Inc		17,412,672
	31,906	*	ChannelAdvisor Corp		654,073
	27,122	*	Concentrix Corp		2,899,884
	296,557	*	Conduent, Inc		1,429,405
	55,469		CSG Systems International, Inc		2,390,159
	437,308		DXC Technology Co		12,332,086
	38,717	*	Elastic NV		5,883,435
	57,024	*	ExlService Holdings, Inc		4,372,600
	107,101	*	Five9, Inc		17,805,541
	182		InterDigital, Inc		11,686
	388,803		International Business Machines Corp		46,310,325
	113,870		Intuit, Inc		41,133,260
	216,899	*	Limelight Networks, Inc		987,975
	17,107	*	Liveperson, Inc		1,083,899
	1,367,259	d	Microsoft Corp		317,149,398
	87,517	*	New Relic, Inc		6,579,528
	123,295	*	Nutanix, Inc		3,762,963
	104,832	*	Okta, Inc		27,152,536
	5,290	*	OneSpan, Inc		123,363
	27,817	*	Paylocity Holding Corp		5,214,575
	54,901	*	Perficient, Inc		2,998,144
	21,141	*	Qualys, Inc		2,927,394
	28,640	*	Rapid7, Inc		2,486,525
	475,652		Sabre Corp		5,127,529
	279,296	*	salesforce.com, Inc		62,998,006
	100,455		Science Applications International Corp		9,646,694
	34,748	*	Smartsheet, Inc		2,423,326
	61,226	*	SPS Commerce, Inc		6,054,639
	110,299	*	SVMK, Inc		2,780,638

54

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	67,259	*	Sykes Enterprises, Inc	$	2,595,525
	58,543	*	Teradata Corp		1,574,807
	29,975		TTEC Holdings, Inc		2,265,510
	47,472	*	Virtusa Corp		2,423,446
	134,149	*	VMware, Inc (Class A)		18,492,440
	74,003	*	WEX, Inc		13,956,966
	66,646	*	Workday, Inc		15,163,964
	9,332	*	Workiva, Inc		909,590
			TOTAL SOFTWARE & SERVICES		870,819,310
TECHNOLOGY HARDWARE & EQUIPMENT - 7.8%
	2,880,741		Apple, Inc		380,142,582
	1,070		Belden CDT, Inc		50,547
	3,739		Benchmark Electronics, Inc		94,709
	131,980	*	Ciena Corp		7,046,412
	1,189,490		Cisco Systems, Inc		53,027,464
	2,876		Cognex Corp		236,206
	34,326		CTS Corp		1,046,943
	64,924		Dolby Laboratories, Inc (Class A)		5,715,260
	1,447	*	Fabrinet		114,226
	1,520,006		Hewlett Packard Enterprise Co		18,756,874
	171,708		HP, Inc		4,179,373
	11,733	*	Insight Enterprises, Inc		892,881
	3,493	*	Itron, Inc		300,468
	50,404	*	Keysight Technologies, Inc		7,136,702
	17,293	*	Kimball Electronics, Inc		331,507
	14,814	*	Lumentum Holdings, Inc		1,389,553
	6,814		Methode Electronics, Inc		257,229
	3,474		Motorola Solutions, Inc		582,069
	3,344	*	Novanta, Inc		417,732
	500	*	OSI Systems, Inc		45,010
	55,453	*	Ribbon Communications, Inc		405,361
	11,038	*	Rogers Corp		1,722,701
	27,122		Synnex Corp		2,213,698
	38,152	*	Trimble Inc		2,514,598
	46,715	*	TTM Technologies, Inc		626,448
	73,134		Vishay Intertechnology, Inc		1,576,038
	13,798	*	Zebra Technologies Corp (Class A)		5,351,278
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		496,173,869
TELECOMMUNICATION SERVICES - 1.6%
	72,710	*	Boingo Wireless, Inc		839,073
	167,393	*	Iridium Communications, Inc		8,247,453
	210,036	*	T-Mobile US, Inc		26,481,339
	1,148,820		Verizon Communications, Inc		62,897,895
			TOTAL TELECOMMUNICATION SERVICES		98,465,760
TRANSPORTATION - 2.2%
	43,563		ArcBest Corp		2,019,145
	26,629	*	Avis Budget Group, Inc		1,100,843
	55,101		CH Robinson Worldwide, Inc		4,714,442
	382,556		CSX Corp		32,806,090
	775,300		Delta Air Lines, Inc		29,430,388
	45,853	*	Echo Global Logistics, Inc		1,207,310
	8		Expeditors International of Washington, Inc		716
	5,175		Kansas City Southern		1,048,817

55

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY					VALUE
	180		Landstar System, Inc					$	25,092
	113,436		Norfolk Southern Corp						26,841,226
	1,373		Old Dominion Freight Line						266,362
	9		Ryder System, Inc						563
	271,656		United Parcel Service, Inc (Class B)						42,106,680
			TOTAL TRANSPORTATION						141,567,674
UTILITIES - 2.5%
	276,600		American Electric Power Co, Inc						22,379,706
	31,187		American Water Works Co, Inc						4,959,357
	126,378		Centerpoint Energy, Inc						2,665,312
	10,650		CMS Energy Corp						605,772
	187,145		Consolidated Edison, Inc						13,246,123
	187,480		Dominion Energy, Inc						13,665,417
	19,802		DTE Energy Co						2,350,893
	134,706		Eversource Energy						11,786,775
	290		Ormat Technologies, Inc						33,106
	206,735		Public Service Enterprise Group, Inc						11,666,056
	163,123		Sempra Energy						20,188,103
	6,282		South Jersey Industries, Inc						145,114
	499,130		Southern Co						29,408,740
	18,122	*	Sunnova Energy International, Inc						794,650
	30,558		UGI Corp						1,099,782
	112,385		WEC Energy Group, Inc						9,991,027
	180,121		Xcel Energy, Inc						11,525,943
			TOTAL UTILITIES						156,511,876
			TOTAL COMMON STOCKS						6,225,552,188
			(Cost $3,880,680,602)
RIGHTS / WARRANTS - 0.0%
MEDIA & ENTERTAINMENT - 0.0%
	21,053	†	Media General, Inc						0
			TOTAL MEDIA & ENTERTAINMENT						0
			TOTAL RIGHTS / WARRANTS						0
			(Cost $0)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 2.0%
GOVERNMENT AGENCY DEBT - 0.1%
$	10,000,000		Federal Home Loan Bank (FHLB)		0.085	%	04/08/21		9,998,717
			TOTAL GOVERNMENT AGENCY DEBT						9,998,717
REPURCHASE AGREEMENT - 0.4%
	24,070,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		24,070,000
			TOTAL REPURCHASE AGREEMENT						24,070,000
TREASURY DEBT - 1.0%
	15,600,000		United States Treasury Bill		0.092		02/02/21		15,599,989
	31,712,000		United States Treasury Bill	0.040-0.068			02/04/21		31,711,898
	15,000,000		United States Treasury Bill		0.071		03/04/21		14,999,354
			TOTAL TREASURY DEBT						62,311,241

56

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	RATE			VALUE
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.5%
	31,179,346	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060	%	$	31,179,346
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					31,179,346
			TOTAL SHORT-TERM INVESTMENTS					127,559,304
			(Cost $127,558,697)
			TOTAL INVESTMENTS - 100.4%					6,353,111,492
			(Cost $4,008,239,299)
			OTHER ASSETS & LIABILITIES, NET - (0.4)%					(26,395,463	)
			NET ASSETS - 100.0%				$	6,326,716,029

Abbreviation(s):
ETF	Exchange Traded Fund
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 future contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $40,449,167.
h	All or a portion of these securities were purchased on a delayed delivery basis.
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $24,070,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $24,551,492.

Futures contracts outstanding as of January 31, 2021 were as follows:

Description	Number of long (short) contracts	Expiration date	Notional amount	Value	Unrealized appreciation (depreciation)
S&P 500 E Mini Index	511	03/19/21	$    96,069,759	$   94,667,860	$       (1,401,899)

57

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE LOW CARBON EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.2%
AUTOMOBILES & COMPONENTS - 2.0%
	8,582	*	American Axle & Manufacturing Holdings, Inc	$	75,608
	3,153	*	Tenneco, Inc		31,845
	14,774	*	Tesla, Inc		11,723,612
			TOTAL AUTOMOBILES & COMPONENTS		11,831,065
BANKS - 2.7%
	1,105		Amalgamated Bank		16,199
	1,874	*	Amerant Bancorp Inc		26,723
	5,989		Berkshire Hills Bancorp, Inc		99,298
	3,941		Brookline Bancorp, Inc		49,617
	3,200		Bryn Mawr Bank Corp		99,456
	339		Camden National Corp		12,729
	1,460		CBTX, Inc		38,427
	49,591		Citizens Financial Group, Inc		1,807,096
	3,253		Comerica, Inc		186,072
	2,370	*	Customers Bancorp, Inc		52,661
	2,710	*	Dime Community Bancshares, Inc		66,205
	129		Federal Agricultural Mortgage Corp (Class C)		9,804
	119		First Commonwealth Financial Corp		1,396
	5,530		First Republic Bank		801,795
	4,571		Great Western Bancorp, Inc		109,704
	414		HomeStreet, Inc		15,070
	16,834		Huntington Bancshares, Inc		222,630
	11,424		Investors Bancorp, Inc		131,490
	3,981		Kearny Financial Corp		41,203
	1,103		Keycorp		18,597
	262		Live Oak Bancshares, Inc		10,449
	9,075		M&T Bank Corp		1,202,165
	940		MGIC Investment Corp		11,017
	1,482		National Bank Holdings Corp		49,306
	22,902		New York Community Bancorp, Inc		239,555
	26,507		PNC Financial Services Group, Inc		3,804,285
	1,527		Premier Financial Corp		42,389
	2,454		QCR Holdings, Inc		95,166
	65,064		Regions Financial Corp		1,106,739
	2,387	*	SVB Financial Group		1,044,981
	6,131	*	Texas Capital Bancshares, Inc		369,209
	3,574	*	Tristate Capital Holdings, Inc		65,583
	79,591		Truist Financial Corp		3,818,776
	1,445		Univest Financial Corp		32,440
	3,256		WesBanco, Inc		94,424
	5,184		Zions Bancorporation		228,822
			TOTAL BANKS		16,021,478
CAPITAL GOODS - 5.9%
	21,820		3M Co		3,832,901

58

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	2,505	*	Aegion Corp	$	46,017
	9,282	*	Axon Enterprise, Inc		1,523,733
	13,622	*	Bloom Energy Corp		475,544
	430		Carlisle Cos, Inc		62,320
	22,806		Caterpillar, Inc		4,169,849
	2,596		Cubic Corp		158,823
	6,919		Curtiss-Wright Corp		718,123
	12,676		Deere & Co		3,660,829
	25,610		Eaton Corp		3,014,297
	271		EMCOR Group, Inc		23,929
	28,654		Fastenal Co		1,306,336
	18,048		Fortive Corp		1,192,612
	3,873		Granite Construction, Inc		114,680
	10,161		Hexcel Corp		443,629
	15,647		Illinois Tool Works, Inc		3,038,804
	32,510		Johnson Controls International plc		1,619,648
	8,920	*	Mercury Systems, Inc		633,855
	1,616		Moog, Inc (Class A)		119,374
	3,920		Owens Corning, Inc		304,192
	4,301		Parker-Hannifin Corp		1,138,088
	23,795	*	Plug Power, Inc		1,503,130
	5,962		Quanta Services, Inc		420,142
	4,893		Raven Industries, Inc		157,897
	1,214		Rockwell Automation, Inc		301,715
	2,252		Roper Technologies Inc		884,833
	1,574		Stanley Black & Decker, Inc		273,073
	4,420	*	Teledyne Technologies, Inc		1,577,984
	2,387		Trane Technologies plc		342,177
	1,593	*	United Rentals, Inc		387,115
	1,821	*	Vectrus, Inc		93,599
	537		W.W. Grainger, Inc		195,678
	143	*	WESCO International, Inc		10,884
	3,439		Woodward Inc		384,996
	1,778		Xylem, Inc		171,737
			TOTAL CAPITAL GOODS		34,302,543
COMMERCIAL & PROFESSIONAL SERVICES - 1.4%
	6,190		ACCO Brands Corp		50,077
	6,861		Cintas Corp		2,182,621
	30,056	*	Copart, Inc		3,298,646
	1,243		Heidrick & Struggles International, Inc		36,246
	278		ICF International, Inc		21,442
	15,579		IHS Markit Ltd		1,356,619
	162		Insperity, Inc		12,715
	4,819		Interface, Inc		48,383
	5,463		Kelly Services, Inc (Class A)		106,638
	7		Kforce, Inc		299
	2,978		Kimball International, Inc (Class B)		36,004
	4,140		Knoll, Inc		61,935
	2,521		Resources Connection, Inc		29,092
	1,902	*	SP Plus Corp		55,158
	5,558		TransUnion		483,768
	1,943	*	TrueBlue, Inc		36,120
	393		Verisk Analytics, Inc		72,116
	2,446		Viad Corp		84,387
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		7,972,266

59

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
CONSUMER DURABLES & APPAREL - 1.6%
	702		Garmin Ltd	$	80,632
	5		Hasbro, Inc		469
	1,724	*,e	iRobot Corp		207,052
	4,908		Lennar Corp (Class A)		408,100
	6,784	*	Lululemon Athletica, Inc		2,229,765
	40,612		Nike, Inc (Class B)		5,425,357
	118	*	NVR, Inc		524,685
	9,623	*	Sonos, Inc		251,641
	4,203		VF Corp		323,085
			TOTAL CONSUMER DURABLES & APPAREL		9,450,786
CONSUMER SERVICES - 2.3%
	1,192	*	American Public Education, Inc		34,306
	3,091	*	Bright Horizons Family Solutions		469,739
	1,115		Carriage Services, Inc		36,929
	91	*	Chipotle Mexican Grill, Inc (Class A)		134,680
	8,720		Darden Restaurants, Inc		1,019,281
	5,630	*	Dave & Buster’s Entertainment, Inc		191,533
	2,879		Domino’s Pizza, Inc		1,067,418
	1,397	*	El Pollo Loco Holdings, Inc		28,429
	128	*	frontdoor, Inc		7,045
	333		Graham Holdings Co		189,181
	25,553		Hilton Worldwide Holdings, Inc		2,590,819
	26,064		Royal Caribbean Cruises Ltd		1,694,160
	1,399		Service Corp International		70,551
	4,968		Six Flags Entertainment Corp		169,906
	46,134		Starbucks Corp		4,466,232
	8,519	*	Terminix Global Holdings, Inc		406,186
	2,511		Vail Resorts, Inc		667,825
	191	*	WW International Inc		5,073
			TOTAL CONSUMER SERVICES		13,249,293
DIVERSIFIED FINANCIALS - 5.9%
	6,499		Ally Financial, Inc		245,922
	35,511		American Express Co		4,128,509
	47,646		Bank of New York Mellon Corp		1,897,740
	6,352		BlackRock, Inc		4,454,404
	68,568		Charles Schwab Corp		3,533,995
	19,549		CME Group, Inc		3,552,835
	4,164		Cowen Group, Inc		104,725
	21,600		Discover Financial Services		1,804,464
	2,579	*	Encore Capital Group, Inc		76,596
	34,784		Intercontinental Exchange Group, Inc		3,838,414
	5,572		Moody’s Corp		1,483,601
	61,968		Morgan Stanley		4,154,954
	544	*,†	NewStar Financial, Inc		131
	1,455		Northern Trust Corp		129,771
	12,971		S&P Global, Inc		4,111,807
	11,874		State Street Corp		831,180
	1,591		T Rowe Price Group, Inc		248,960
			TOTAL DIVERSIFIED FINANCIALS		34,598,008
ENERGY - 2.1%
	18,670		Archrock, Inc		165,603

60

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	107,270		Baker Hughes Co	$	2,155,054
	7,428		Cactus, Inc		194,614
	28,536	*	ChampionX Corp		436,315
	38,591	*	Cheniere Energy, Inc		2,443,968
	20,285	*	Clean Energy Fuels Corp		207,516
	9,940		Delek US Holdings, Inc		186,474
	98,292		Devon Energy Corp		1,617,886
	2,093		DMC Global, Inc		119,657
	5,027	*	Dril-Quip, Inc		151,413
	18,779	*	Frank’s International NV		52,206
	21,912	*	Helix Energy Solutions Group, Inc		90,277
	9,970		Liberty Oilfield Services, Inc		119,839
	59,944	*	Nov, Inc		742,107
	15,244	*	Oceaneering International, Inc		128,812
	66,311		ONEOK, Inc		2,641,167
	5,324	*	Renewable Energy Group, Inc		477,030
	9,050	*	Select Energy Services, Inc		45,431
	8,372		World Fuel Services Corp		256,100
			TOTAL ENERGY		12,231,469
FOOD & STAPLES RETAILING - 0.5%
	17,173	*	BJ’s Wholesale Club Holdings, Inc		722,468
	4,345	*	Chefs’ Warehouse Holdings, Inc		118,575
	19,326	*	Performance Food Group Co		906,003
	5,542		SpartanNash Co		102,638
	18,448	*	Sprouts Farmers Market, Inc		417,847
	6,704	*	United Natural Foods, Inc		181,545
	24,573	*	US Foods Holding Corp		761,517
			TOTAL FOOD & STAPLES RETAILING		3,210,593
FOOD, BEVERAGE & TOBACCO - 3.2%
	6,700	*	Beyond Meat, Inc		1,193,136
	108,972		Coca-Cola Co		5,247,002
	1,258	*	Darling International, Inc		78,009
	2,570		Fresh Del Monte Produce, Inc		62,888
	53,245		General Mills, Inc		3,093,534
	87	*	Hain Celestial Group, Inc		3,618
	38,355		Hormel Foods Corp		1,797,315
	6,455		Kellogg Co		380,458
	9,648		McCormick & Co, Inc		863,882
	42,037		PepsiCo, Inc		5,740,993
			TOTAL FOOD, BEVERAGE & TOBACCO		18,460,835
HEALTH CARE EQUIPMENT & SERVICES - 6.9%
	2,773	*	Abiomed, Inc		965,697
	126	*	Acadia Healthcare Co, Inc		6,386
	3,696	*	Accelerate Diagnostics, Inc		37,921
	5,929	*	Align Technology, Inc		3,114,978
	8,131	*	Allscripts Healthcare Solutions, Inc		134,162
	43	*	AMN Healthcare Services, Inc		3,101
	2,779	*	Angiodynamics, Inc		52,078
	9,859	*	Antares Pharma, Inc		43,182
	9,666		Becton Dickinson & Co		2,530,462
	22,631	*	Brookdale Senior Living, Inc		111,797
	40,893	*	Centene Corp		2,465,848
	22,079		Cerner Corp		1,768,749

61

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	10,266	*	Cerus Corp	$	67,653
	19,153		Cigna Corp		4,157,159
	711		Computer Programs & Systems, Inc		21,885
	2,215		Cooper Cos, Inc		806,349
	51,678		CVS Health Corp		3,702,729
	15,250		Dentsply Sirona, Inc		815,723
	5,557	*	DexCom, Inc		2,083,041
	31,182	*	Edwards Lifesciences Corp		2,575,010
	295		Encompass Health Corp		23,718
	9,467	*	Envista Holdings Corp		336,457
	8,210	*	GenMark Diagnostics, Inc		113,380
	517	*	Guardant Health, Inc		80,394
	4,734		HCA Healthcare, Inc		769,180
	3,910	*	Health Catalyst, Inc		194,249
	1,150		Hill-Rom Holdings, Inc		110,446
	6,341	*	Hologic, Inc		505,568
	6,640		Humana, Inc		2,543,850
	6,189	*	IDEXX Laboratories, Inc		2,962,551
	90	*	Integer Holding Corp		6,642
	3,298	*	Intersect ENT, Inc		74,106
	62	*	LivaNova plc		3,900
	2,340	*	NextGen Healthcare, Inc		46,285
	5,147	*	Omnicell, Inc		606,317
	4,963	*	OraSure Technologies, Inc		75,586
	1,385	*	Orthofix Medical Inc		55,968
	69	*	Penumbra, Inc		18,015
	4,943	*	Quidel Corp		1,240,545
	7,333	*	Quotient Ltd		44,438
	586	*	RadNet, Inc		10,495
	6,489		Resmed, Inc		1,307,988
	2,949	*	Staar Surgical Co		302,508
	368	*	Tactile Systems Technology, Inc		20,074
	1,379	*	Tandem Diabetes Care, Inc		127,764
	5,780	*	Teladoc, Inc		1,524,937
	272	*	Tivity Health, Inc		6,134
	3,682	*	Triple-S Management Corp (Class B)		86,269
	2,785	*	Varian Medical Systems, Inc		488,962
	3,852	*	Vocera Communications, Inc		169,295
	3,424		West Pharmaceutical Services, Inc		1,025,454
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		40,345,385
HOUSEHOLD & PERSONAL PRODUCTS - 2.3%
	1,263		Clorox Co		264,548
	26,913		Colgate-Palmolive Co		2,099,214
	13,426		Estee Lauder Cos (Class A)		3,177,263
	1,875		Kimberly-Clark Corp		247,687
	59,343		Procter & Gamble Co		7,608,366
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		13,397,078
INSURANCE - 2.9%
	48,655		Aflac, Inc		2,198,233
	5,460		Allstate Corp		585,203
	6,011		Aon plc		1,220,834
	23,041		Chubb Ltd		3,356,382
	13,095	*	Genworth Financial, Inc (Class A)		37,190
	39,017		Loews Corp		1,767,080

62

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	25,881		Marsh & McLennan Cos, Inc	$	2,844,581
	6,495		ProAssurance Corp		119,053
	12,140		Progressive Corp		1,058,486
	24,771		Prudential Financial, Inc		1,939,074
	11,412		Travelers Cos, Inc		1,555,456
	156		White Mountains Insurance Group Ltd		159,120
	300		Willis Towers Watson plc		60,882
			TOTAL INSURANCE		16,901,574
MATERIALS - 2.9%
	31,181		Ball Corp		2,744,552
	81		Compass Minerals International, Inc		4,719
	4,541		Domtar Corp		136,094
	48,026		DuPont de Nemours, Inc		3,815,666
	16,713		Ecolab, Inc		3,417,976
	1,370		Innospec, Inc		120,272
	1,497	e	International Flavors & Fragrances, Inc		168,233
	1,019		Martin Marietta Materials, Inc		292,871
	47,168		Mosaic Co		1,224,481
	898		Myers Industries, Inc		18,005
	55,783		Newmont Goldcorp Corp		3,324,667
	6,517		PPG Industries, Inc		877,905
	955		Reliance Steel & Aluminum Co		110,856
	1,689		Schnitzer Steel Industries, Inc (Class A)		49,859
	2,886		Scotts Miracle-Gro Co (Class A)		638,989
	4,276		Trinseo S.A.		217,349
	1,227	*	US Concrete, Inc		54,344
			TOTAL MATERIALS		17,216,838
MEDIA & ENTERTAINMENT - 8.0%
	33,960		Activision Blizzard, Inc		3,090,360
	5,339	*	Alphabet, Inc (Class A)		9,756,275
	5,192	*	Alphabet, Inc (Class C)		9,531,162
	336		Cable One, Inc		672,000
	16,687		Cinemark Holdings, Inc		337,745
	24,973	*	Discovery, Inc (Class A)		1,034,382
	44,563	*	Discovery, Inc (Class C)		1,561,042
	18,047		Electronic Arts, Inc		2,584,330
	13,335	*	Gray Television, Inc		227,362
	768	*	Hemisphere Media Group, Inc		8,018
	9,193	*	iHeartMedia, Inc		133,666
	7,724	*	Imax Corp		145,984
	32,301		Interpublic Group of Cos, Inc		777,485
	3,586		John Wiley & Sons, Inc (Class A)		163,557
	4,125	*	Liberty Broadband Corp (Class A)		598,826
	9,113	*	Liberty Broadband Corp (Class C)		1,330,954
	23,654	*	Live Nation, Inc		1,571,808
	2,286	*	Madison Square Garden Co		370,081
	10,118		New York Times Co (Class A)		501,752
	17,682		Omnicom Group, Inc		1,103,003
	45,397	*	Pinterest, Inc		3,110,148
	2,171		Scholastic Corp		55,947
	6,895		Sinclair Broadcast Group, Inc (Class A)		217,261
	190,814	e	Sirius XM Holdings, Inc		1,194,496
	8,178	*	Take-Two Interactive Software, Inc		1,639,280
	18,129		TEGNA, Inc		290,608

63

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	14,313	*	TripAdvisor, Inc	$	443,274
	68,642	*	Twitter, Inc		3,468,480
	4,324	*	WideOpenWest, Inc		46,051
	4,343		World Wrestling Entertainment, Inc (Class A)		244,641
	64,519	*	Zynga, Inc		639,383
			TOTAL MEDIA & ENTERTAINMENT		46,849,361
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.7%
	42,168		AbbVie, Inc		4,321,377
	4,202	*	Aerie Pharmaceuticals, Inc		72,232
	1,340		Agilent Technologies, Inc		161,028
	6,524	*	Agios Pharmaceuticals, Inc		306,432
	16,172		Amgen, Inc		3,904,406
	1,705	*	Assembly Biosciences, Inc		9,514
	7,200	*	Atara Biotherapeutics, Inc		132,912
	3,874	*	Avrobio, Inc		55,437
	18,693	*	BioCryst Pharmaceuticals, Inc		159,264
	5,322	*	Biogen, Inc		1,504,050
	1,272	*	BioMarin Pharmaceutical, Inc		105,296
	8,261	*	Bluebird Bio, Inc		368,028
	80,498		Bristol-Myers Squibb Co		4,944,992
	27,031		Eli Lilly & Co		5,621,637
	1,573	*	Esperion Thereapeutics, Inc		49,534
	2,615	*	Flexion Therapeutics, Inc		31,825
	45,225		Gilead Sciences, Inc		2,966,760
	1,546	*	Illumina, Inc		659,276
	4,157	*	Insmed, Inc		156,262
	5,648	*	Intra-Cellular Therapies, Inc		181,583
	1,896	*	IQVIA Holdings, Inc		337,109
	3,271	*,e	Kala Pharmaceuticals, Inc		24,304
	8,497	*	Karyopharm Therapeutics, Inc		129,409
	5,337	*	MacroGenics, Inc		109,088
	74,175		Merck & Co, Inc		5,716,667
	51,404	*,e	Opko Health, Inc		278,096
	2,785	*	Prothena Corp plc		31,220
	5,509	*	Radius Health, Inc		103,018
	417	*	Reata Pharmaceuticals, Inc		43,197
	2,210	*	Revance Therapeutics, Inc		56,222
	6,238	*	Sage Therapeutics, Inc		503,095
	7,138	*	Sangamo Therapeutics Inc		97,505
	29,622	*	TherapeuticsMD, Inc		48,876
	11,483		Thermo Fisher Scientific, Inc		5,852,885
	2,551	*	Ultragenyx Pharmaceutical, Inc		353,543
	13,118	*	Vertex Pharmaceuticals, Inc		3,005,072
	183	*	Waters Corp		48,435
	18,261		Zoetis, Inc		2,816,759
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		45,266,345
REAL ESTATE - 3.6%
	2,875		Alexandria Real Estate Equities, Inc		480,441
	349		American Campus Communities, Inc		14,365
	19,491		American Tower Corp		4,431,474
	5,091		Boston Properties, Inc		464,656
	1,428	*	CBRE Group, Inc		87,080
	3,538		City Office REIT, Inc		33,328
	58,844		Colony Capital, Inc		291,866

64

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	37		CyrusOne, Inc	$	2,699
	24,207	*	DiamondRock Hospitality Co		198,497
	11,972		Empire State Realty Trust, Inc		118,044
	4,531		Equinix, Inc		3,352,759
	8,585		Franklin Street Properties Corp		35,284
	4,263		Healthpeak Properties Inc		126,398
	39,784		Host Hotels and Resorts, Inc		539,073
	2,503	*	Howard Hughes Corp		215,684
	973		Hudson Pacific Properties		22,807
	6,811		Iron Mountain, Inc		229,326
	22,106	e	Macerich Co		347,064
	15,635		Paramount Group, Inc		138,995
	33,468		Park Hotels & Resorts, Inc		558,246
	39,195		Prologis, Inc		4,044,924
	1,297		Regency Centers Corp		61,193
	21,708		RLJ Lodging Trust		280,250
	8,969		SBA Communications Corp		2,409,701
	3,687		SL Green Realty Corp		248,826
	17,766		Sunstone Hotel Investors, Inc		190,096
	1,117		UDR, Inc		42,949
	3,285		Ventas, Inc		151,340
	25,318		Welltower, Inc		1,534,271
	13,732		Xenia Hotels & Resorts, Inc		198,702
			TOTAL REAL ESTATE		20,850,338
RETAILING - 5.5%
	4,018	*	1-800-FLOWERS.COM, Inc (Class A)		123,473
	2,119	*	Booking Holdings, Inc		4,120,035
	5,095		Designer Brands, Inc		62,414
	60,286		eBay, Inc		3,406,762
	22,548		Expedia Group, Inc		2,798,207
	797	*	GameStop Corp (Class A)		259,025
	1,171	*	Genesco, Inc		45,446
	2,786	*	Groupon, Inc		95,198
	703	*	Hibbett Sports, Inc		39,684
	25,881		Home Depot, Inc		7,009,092
	519	*	Lands’ End, Inc		14,330
	11	*	LKQ Corp		386
	27,355		Lowe’s Companies, Inc		4,564,182
	39,162	*	Macy’s, Inc		588,996
	5,592	e	Nordstrom, Inc		198,236
	13,828	*	Quotient Technology, Inc		122,516
	9,923	*	RealReal, Inc		234,977
	1,635	*	Signet Jewelers Ltd		66,414
	18,879		Target Corp		3,420,308
	35,913		TJX Companies, Inc		2,299,868
	9,786	*	Wayfair, Inc		2,664,924
	104		Winmark Corp		17,746
	309	*	Zumiez, Inc		13,312
			TOTAL RETAILING		32,165,531
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.6%
	39,983		Applied Materials, Inc		3,865,556
	67		Brooks Automation, Inc		5,076
	1,373	*	Cree, Inc		138,783
	12,862	*	First Solar, Inc		1,275,267

65

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	116,137		Intel Corp	$	6,446,765
	5,261		Lam Research Corp		2,546,061
	14,496		NVIDIA Corp		7,531,977
	1,540	*	Silicon Laboratories, Inc		202,002
	31,271		Texas Instruments, Inc		5,181,292
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		27,192,779
SOFTWARE & SERVICES - 13.1%
	21,426		Accenture plc		5,183,378
	13,459	*	Adobe, Inc		6,174,585
	10,967	*	Autodesk, Inc		3,042,575
	24,585		Automatic Data Processing, Inc		4,059,475
	5,540	*	Avaya Holdings Corp		123,210
	2,397	*	Benefitfocus, Inc		29,483
	3,627	*	Blackline, Inc		470,132
	364	*,h	BM Technologies, Inc		5,271
	1,366	*	Cadence Design Systems, Inc		178,113
	1,156	*	ChannelAdvisor Corp		23,698
	5,062	*	Concentrix Corp		541,229
	25,754	*	Conduent, Inc		124,134
	3,962		CSG Systems International, Inc		170,723
	37,624		DXC Technology Co		1,060,997
	330	*	Elastic NV		50,147
	3,754	*	ExlService Holdings, Inc		287,857
	4,489	*	Five9, Inc		746,296
	37,751		International Business Machines Corp		4,496,522
	8,996		Intuit, Inc		3,249,625
	19,627	*	Limelight Networks, Inc		89,401
	126,545	d	Microsoft Corp		29,353,378
	6,139	*	New Relic, Inc		461,530
	3,674	*	Nutanix, Inc		112,130
	12,350	*	Okta, Inc		3,198,773
	3,577	*	Perficient, Inc		195,340
	33,623		Sabre Corp		362,456
	24,981	*	salesforce.com, Inc		5,634,714
	8,735		Science Applications International Corp		838,822
	2,174	*	SPS Commerce, Inc		214,987
	5,395	*	SVMK, Inc		136,008
	4,281	*	Sykes Enterprises, Inc		165,204
	9,005	*	Teradata Corp		242,234
	1,948		TTEC Holdings, Inc		147,230
	3,213	*	Virtusa Corp		164,024
	9,518	*	VMware, Inc (Class A)		1,312,056
	6,534	*	WEX, Inc		1,232,312
	11,584	*	Workday, Inc		2,635,708
			TOTAL SOFTWARE & SERVICES		76,513,757
TECHNOLOGY HARDWARE & EQUIPMENT - 7.8%
	265,910		Apple, Inc		35,089,484
	246		Badger Meter, Inc		22,561
	9,562	*	Ciena Corp		510,515
	122,569		Cisco Systems, Inc		5,464,126
	2,290		Dolby Laboratories, Inc (Class A)		201,589
	214	*	Fabrinet		16,893
	194,312		Hewlett Packard Enterprise Co		2,397,810
	32,284		HP, Inc		785,793

66

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

SHARES			COMPANY	VALUE
	565	*	Insight Enterprises, Inc	$	42,996
	681	*	Keysight Technologies, Inc		96,423
	3,987	*	Kimball Electronics, Inc		76,431
	172	*	Lumentum Holdings, Inc		16,134
	600		Methode Electronics, Inc		22,650
	1,595		MTS Systems Corp		93,371
	147	*	OSI Systems, Inc		13,233
	644	*	Ribbon Communications, Inc		4,708
	5,062		Synnex Corp		413,160
	10,674	*	TTM Technologies, Inc		143,138
	48		Vishay Intertechnology, Inc		1,034
	2,060	*	Vishay Precision Group, Inc		65,899
	557	*	Zebra Technologies Corp (Class A)		216,021
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		45,693,969
TELECOMMUNICATION SERVICES - 1.6%
	5,309	*	Boingo Wireless, Inc		61,266
	8,310	*	Cincinnati Bell, Inc		126,644
	7,938	*	Iridium Communications, Inc		391,105
	19,522	*	T-Mobile US, Inc		2,461,334
	115,465		Verizon Communications, Inc		6,321,709
			TOTAL TELECOMMUNICATION SERVICES		9,362,058
TRANSPORTATION - 1.8%
	3,575	*	Avis Budget Group, Inc		147,791
	45,799		CSX Corp		3,927,493
	5,920		Kansas City Southern		1,199,806
	5,982		Macquarie Infrastructure Co LLC		166,240
	1,477		Old Dominion Freight Line		286,538
	2,512		Ryder System, Inc		157,226
	28,409		United Parcel Service, Inc (Class B)		4,403,395
			TOTAL TRANSPORTATION		10,288,489
UTILITIES - 1.9%
	12,599		American Water Works Co, Inc		2,003,493
	27,119		Consolidated Edison, Inc		1,919,483
	30,321		Eversource Energy		2,653,087
	1,853		Ormat Technologies, Inc		211,538
	27,681		Sempra Energy		3,425,801
	5,408		Southwest Gas Holdings Inc		324,264
	22,816		UGI Corp		821,148
			TOTAL UTILITIES		11,358,814
			TOTAL COMMON STOCKS		574,730,652
			(Cost $444,972,303)
RIGHTS / WARRANTS - 0.0%
MEDIA & ENTERTAINMENT - 0.0%
	1,550	†	Media General, Inc		0
			TOTAL MEDIA & ENTERTAINMENT		0
			TOTAL RIGHTS / WARRANTS		0
			(Cost $0)

67

TIAA-CREF FUNDS - Social Choice Low Carbon Equity Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 1.7%
GOVERNMENT AGENCY DEBT - 1.4%
$	3,855,000		Federal Home Loan Bank (FHLB)		0.060	%	02/17/21	$	3,854,932
	4,728,000		FHLB		0.055		02/24/21		4,727,879
			TOTAL GOVERNMENT AGENCY DEBT						8,582,811
REPURCHASE AGREEMENT - 0.1%
	330,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		330,000
			TOTAL REPURCHASE AGREEMENT						330,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.2%
	1,208,782	c	State Street Navigator Securities Lending		0.060				1,208,782
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						1,208,782
			TOTAL SHORT-TERM INVESTMENTS						10,121,593
			(Cost $10,121,514)
			TOTAL INVESTMENTS - 99.9%						584,852,245
			(Cost $455,093,817)
			OTHER ASSETS & LIABILITIES, NET - 0.1%						308,131
			NET ASSETS - 100.0%					$	585,160,376
			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 future contracts.
		e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $1,952,251.
		h	All or a portion of these securities were purchased on a delayed delivery basis.
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $330,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $336,676.

Futures contracts outstanding as of January 31, 2021 were as follows:

Description	Number of long (short) contracts		Expiration date		Notional amount		Value		Unrealized appreciation (depreciation)
S&P 500 E Mini Index		46		03/19/21	$	8,746,277	$	8,521,960	$	(224,317	)

68

TIAA-CREF FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 101.1%
BRAZIL - 12.1%
	9,984,365	a	Arcos Dorados Holdings, Inc	$	49,322,763
	1,428,000	*	B2W Companhia Global Do Varejo		21,484,988
	2,993,200		Banco Bradesco S.A. (Preference)		13,534,336
	3,781,200		Banco Itau Holding Financeira S.A.		19,585,336
	2,881,000		Cia Brasileira de Distribuicao		39,744,468
	9,037,000	*	Empresa Brasileira de Aeronautica S.A.		14,518,264
	7,474,500		Lojas Americanas S.A. (Preference)		32,909,439
			TOTAL BRAZIL		191,099,594
CHINA - 30.5%
	466,833	*	Alibaba Group Holding Ltd (ADR)		118,496,220
	4,512,400	g	Budweiser Brewing Co APAC Ltd		15,086,717
	6,336,000		China Life Insurance Co Ltd		13,456,182
	6,029,238		China Merchants Bank Co Ltd (Class A)		47,527,352
	5,441,565		Foxconn Industrial Internet Co Ltd		11,987,573
	4,523,000		Geely Automobile Holdings Ltd		16,394,919
	1,707,757		Gree Electric Appliances, Inc of Zhuhai		14,818,170
	349,367	*	Huazhu Group Ltd (ADR)		16,944,299
	1,237,983	*,e	HUYA, Inc (ADR)		32,051,380
	272,356	*	JD.com, Inc (ADR)		24,155,254
	3,014,863		Ping An Insurance Group Co of China Ltd (Class A)		36,795,372
	1,365,976		Tencent Holdings Ltd		121,712,933
	481,097	*	Vipshop Holdings Ltd (ADR)		13,191,680
			TOTAL CHINA		482,618,051
HONG KONG - 2.1%
	2,065,170		Melco Crown Entertainment Ltd (ADR)		33,022,068
	22,290	*,†	Mongolian Metals Corporation		0
			TOTAL HONG KONG		33,022,068
INDIA - 8.8%
	19,355,557	*	Edelweiss Capital Ltd		16,407,056
	2,731,881	*	ICICI Bank Ltd		20,192,599
	422,616	*	MakeMyTrip Ltd		12,057,234
	1,707,044		Piramal Healthcare Ltd		30,554,213
	2,422,304		Reliance Industries Ltd		60,959,447
			TOTAL INDIA		140,170,549
INDONESIA - 3.1%
	46,008,700		PT Astra International Tbk		19,936,910
	5,642,600		PT Bank Central Asia Tbk		13,571,181
	9,237,400		PT United Tractors Tbk		14,998,497
			TOTAL INDONESIA		48,506,588

69

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
ITALY - 1.7%
	4,353,571	e	Prada S.p.A	$	26,752,115
			TOTAL ITALY		26,752,115
KOREA, REPUBLIC OF - 11.2%
	236,551	*	Amorepacific Corp		47,149,736
	194,432		Hynix Semiconductor, Inc		21,228,184
	1,500,563		Samsung Electronics Co Ltd		109,701,608
			TOTAL KOREA, REPUBLIC OF		178,079,528
MACAU - 2.5%
	2,445,079		Galaxy Entertainment Group Ltd		18,447,554
	13,018,500	*	Wynn Macau Ltd		20,626,115
			TOTAL MACAU		39,073,669
MEXICO - 6.0%
	489,300		Fomento Economico Mexicano SAB de C.V. (ADR)		33,296,865
	3,792,148	*	Grupo Televisa SAB (ADR)		28,479,031
	11,771,900		Wal-Mart de Mexico SAB de C.V.		33,508,482
			TOTAL MEXICO		95,284,378
PERU - 1.0%
	100,145		Credicorp Ltd		15,054,798
			TOTAL PERU		15,054,798
RUSSIA - 2.5%
	724,837		MMC Norilsk Nickel PJSC (ADR)		23,419,483
	1,203,004		Sberbank of Russia (ADR)		16,493,185
			TOTAL RUSSIA		39,912,668
SOUTH AFRICA - 3.3%
	183,561	*	Capitec Bank Holdings Ltd		16,802,652
	153,952		Naspers Ltd (N Shares)		35,613,592
			TOTAL SOUTH AFRICA		52,416,244
TAIWAN - 10.6%
	3,333,000		ASE Industrial Holding Co Ltd		10,975,275
	1,167,000		Delta Electronics, Inc		11,746,514
	101,326	*	Sea Ltd (ADR)		21,958,358
	4,661,400		Taiwan Semiconductor Manufacturing Co Ltd		98,511,192
	1,728,000		Win Semiconductors Corp		25,368,576
			TOTAL TAIWAN		168,559,915
TANZANIA, UNITED REPUBLIC OF - 1.5%
	1,019,938		AngloGold Ashanti Ltd (ADR)		23,927,745
			TOTAL TANZANIA, UNITED REPUBLIC OF		23,927,745
THAILAND - 0.8%
	6,659,900		Airports of Thailand PCL (ADR)		13,184,127
			TOTAL THAILAND		13,184,127
TURKEY - 2.3%
	5,495,500		Anadolu Efes Biracilik Ve Malt Sanayii AS		18,592,840
	14,076,583	*	Turkiye Garanti Bankasi AS		17,831,122
			TOTAL TURKEY		36,423,962

70

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY					VALUE
UNITED STATES - 1.1%
	172,364		Wynn Resorts Ltd					$	17,155,389
			TOTAL UNITED STATES						17,155,389
			TOTAL COMMON STOCKS						1,601,241,388
			(Cost $1,229,303,067)
PREFERRED STOCKS - 0.0%
PHILIPPINES - 0.0%
	1,721,900	*,†	Ayala Land, Inc						3,582
			TOTAL PHILIPPINES						3,582
			TOTAL PREFERRED STOCKS						3,582
			(Cost $4,057)
RIGHTS / WARRANTS - 0.0%
BRAZIL - 0.0%
	70,450		Lojas Americanas S.A. (expires 02/11/21)						59,230
			TOTAL BRAZIL						59,230
			TOTAL RIGHTS / WARRANTS						59,230
			(Cost $0)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 3.8%
GOVERNMENT AGENCY DEBT - 1.7%
$	20,000,000		Federal Home Loan Bank (FHLB)	0.075-0.080		%	02/03/21		19,999,955
	6,200,000		FHLB		0.060		02/17/21		6,199,890
			TOTAL GOVERNMENT AGENCY DEBT						26,199,845
REPURCHASE AGREEMENT - 0.2%
	3,225,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		3,225,000
			TOTAL REPURCHASE AGREEMENT						3,225,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.9%
	30,567,867	c	State Street Navigator Securities Lending		0.060				30,567,867
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						30,567,867
			TOTAL SHORT-TERM INVESTMENTS						59,992,712
			(Cost $59,992,615)
			TOTAL INVESTMENTS - 104.8%						1,661,296,912
			(Cost $1,289,299,739)
			OTHER ASSETS & LIABILITIES, NET - (4.8)%						(76,739,457	)
			NET ASSETS - 100.0%					$	1,584,557,455

71

TIAA-CREF FUNDS - Emerging Markets Equity Fund

Abbreviation(s):

ADR    American 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 $30,256,399.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/21, the aggregate value of these securities is $15,086,717 or 1.0% of net assets.
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $3,225,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $3,289,598.

72

TIAA-CREF FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

SECTOR	VALUE			% OF NET ASSETS
CONSUMER DISCRETIONARY	$	491,387,939			31.0	%
INFORMATION TECHNOLOGY		289,518,922			18.3
FINANCIALS		277,805,384			17.5
COMMUNICATION SERVICES		204,201,702			12.9
CONSUMER STAPLES		187,379,107			11.8
ENERGY		75,957,944			4.8
MATERIALS		47,347,229			3.0
INDUSTRIALS		27,702,391			1.7
REAL ESTATE		3,582			0.0
SHORT-TERM INVESTMENTS		59,992,712			3.8
OTHER ASSETS & LIABILITIES, NET		(76,739,457	)		(4.8	)
NET ASSETS	$	1,584,557,455			100 .0	%

73

TIAA-CREF FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 97.4%
AUSTRALIA - 7.5%
	2,420,173		BHP Billiton Ltd	$	80,710,344
	1,368,203		Commonwealth Bank of Australia		86,869,680
	272,289		CSL Ltd		56,451,364
	3,344,100		Fortescue Metals Group Ltd		55,083,104
	4,706,760	*	NEXTDC Ltd		41,444,360
	1,417,299		Rio Tinto plc		107,526,405
			TOTAL AUSTRALIA		428,085,257
BRAZIL - 1.3%
	8,990,100		Banco Bradesco S.A. (Preference)		40,650,487
	1,102,400		Cia Brasileira de Distribuicao		15,208,018
	3,582,500		Lojas Americanas S.A. (Preference)		15,773,372
			TOTAL BRAZIL		71,631,877
CHINA - 2.8%
	620,115	*	GDS Holdings Ltd (ADR)		64,219,109
	37,600	*,g	Kuaishou Technology		563,322
	463,740		Tencent Holdings Ltd		41,320,752
	3,906,000	*,g	Wuxi Biologics Cayman, Inc		54,691,502
			TOTAL CHINA		160,794,685
DENMARK - 3.3%
	622,263		DSV AS		97,088,751
	484,251	g	Orsted AS		91,972,355
			TOTAL DENMARK		189,061,106
FINLAND - 0.8%
	662,815		Neste Oil Oyj		46,689,067
			TOTAL FINLAND		46,689,067
FRANCE - 13.9%
	1,229,539		Airbus SE		123,639,484
	1,809,675		BNP Paribas S.A.		86,784,160
	1,674,637		Compagnie de Saint-Gobain		83,248,186
	5,032,063		Credit Agricole S.A.		56,953,431
	353,459		Dassault Systemes S.A.		70,558,683
	533,932		Essilor International S.A.		75,528,780
	112,704		Kering		73,971,355
	869,897		Schneider Electric S.A.		127,318,683
	1,071,373		Valeo S.A.		39,884,067
	639,977		Vinci S.A.		59,343,880
			TOTAL FRANCE		797,230,709

74

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	VALUE
GERMANY - 11.6%
	210,820		Adidas-Salomon AG.	$	66,846,551
	278,364		BASF SE		21,513,693
	634,490		Bayerische Motoren Werke AG.		53,721,537
	812,123		HeidelbergCement AG.		60,031,485
	3,438,390		Infineon Technologies AG.		137,754,139
	840,757		Lanxess AG.		63,338,590
	1,610,561		RWE AG.		69,186,926
	1,090,702		Siemens AG.		168,993,514
	545,351	*	Siemens Energy AG.		20,238,163
			TOTAL GERMANY		661,624,598
HONG KONG - 2.1%
	1,902,524		Hong Kong Exchanges and Clearing Ltd		121,632,459
			TOTAL HONG KONG		121,632,459
IRELAND - 1.5%
	2,056,270		CRH plc		84,378,625
			TOTAL IRELAND		84,378,625
ITALY - 2.3%
	6,405,255		Enel S.p.A.		63,527,236
	1,255,164	e	Moncler S.p.A		70,731,209
			TOTAL ITALY		134,258,445
JAPAN - 20.0%
	3,848,800		Daiichi Sankyo Co Ltd		123,896,775
	379,016		Daikin Industries Ltd		80,022,538
	223,100		Fanuc Ltd		58,244,511
	2,634,979	*	Hitachi Ltd		108,548,696
	563,800		Kao Corp		40,907,487
	265,628		Nintendo Co Ltd		152,904,831
	2,793,200		ORIX Corp		44,819,382
	2,297,200		Recruit Holdings Co Ltd		99,922,217
	1,167,700	*	SBI Holdings, Inc		29,150,691
	2,133,159		Sony Corp		204,170,223
	1,866,500		Sumitomo Mitsui Financial Group, Inc		57,989,025
	639,800		Tokio Marine Holdings, Inc		31,427,531
	1,586,789		Toyota Motor Corp		111,290,754
			TOTAL JAPAN		1,143,294,661
KOREA, REPUBLIC OF - 1.1%
	77,480		LG Chem Ltd		63,196,786
			TOTAL KOREA, REPUBLIC OF		63,196,786
NETHERLANDS - 4.5%
	312,469		ASML Holding NV		166,812,752
	10,436,418		ING Groep NV		92,793,943
			TOTAL NETHERLANDS		259,606,695
RUSSIA - 1.6%
	1,418,551		Sberbank of Russia (ADR)		19,448,334
	804,491		TCS Group Holding plc (ADR)		33,185,254
	600,321	*	Yandex NV		37,604,108
			TOTAL RUSSIA		90,237,696

75

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	VALUE
SPAIN - 0.7%
	41,088	*	Iberdrola S.A.	$	556,300
	2,876,174		Iberdrola S.A.		38,941,045
			TOTAL SPAIN		39,497,345
SWITZERLAND - 6.9%
	6,008,495		Credit Suisse Group		78,816,817
	116,050		Lonza Group AG.		74,121,075
	997,552		Nestle S.A.		111,822,162
	342,148		Roche Holding AG.		118,079,303
	28,476	*	Zur Rose Group AG.		13,058,387
			TOTAL SWITZERLAND		395,897,744
TAIWAN - 1.6%
	755,239		Taiwan Semiconductor Manufacturing Co Ltd (ADR)		91,776,643
			TOTAL TAIWAN		91,776,643
UNITED KINGDOM - 12.5%
	1,341,510		Ashtead Group plc		67,326,167
	1,287,146		AstraZeneca plc		131,303,230
	45,955,613		Barclays plc		83,831,984
	462,188		British American Tobacco plc		16,794,923
	1,959,657		Diageo plc		78,674,686
	7,053,745		HSBC Holdings plc		36,909,471
	348,458		Linde plc (Xetra)		85,085,958
	23,076,929		Lloyds TSB Group plc		10,355,334
	737,261		Reckitt Benckiser Group plc		62,503,800
	25,804,583		Tesco plc		84,442,871
	6,119,362	*	THG Holdings Ltd		60,451,848
			TOTAL UNITED KINGDOM		717,680,272
UNITED STATES - 1.4%
	860,455		Las Vegas Sands Corp		41,379,281
	372,085		Wynn Resorts Ltd		37,033,620
			TOTAL UNITED STATES		78,412,901
			TOTAL COMMON STOCKS		5,574,987,571
			(Cost $4,361,067,696)
RIGHTS / WARRANTS - 0.0%
BRAZIL - 0.0%
	33,766		Lojas Americanas S.A. (expires 02/11/21)		28,388
			TOTAL BRAZIL		28,388
			TOTAL RIGHTS / WARRANTS		28,388
			(Cost $0)

76

TIAA-CREF FUNDS - International Equity Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 3.1%
GOVERNMENT AGENCY DEBT - 2.1%
$	2,184,000		Federal Home Loan Bank (FHLB)		0.080	%	02/03/21	$	2,183,995
	22,324,000		FHLB	0.060-0.080			02/17/21		22,323,603
	57,674,000		FHLB	0.055-0.085			02/24/21		57,672,526
	10,000,000		Federal Agricultural Mortgage Corp (FAMC)		0.070		02/24/21		9,999,744
	13,000,000		Federal Farm Credit Bank (FFCB)		0.080		02/25/21		12,999,653
	7,065,000		FHLB		0.085		03/19/21		7,064,549
	10,000,000		FHLB		0.085		04/08/21		9,998,717
			TOTAL GOVERNMENT AGENCY DEBT						122,242,787
REPURCHASE AGREEMENT - 0.3%
	17,475,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		17,475,000
			TOTAL REPURCHASE AGREEMENT						17,475,000
TREASURY DEBT - 0.7%
	22,351,000		United States Cash Management Bill	0.063-0.068			02/16/21		22,350,604
	17,134,000		United States Treasury Bill		0.093		02/04/21		17,133,945
			TOTAL TREASURY DEBT						39,484,549
			TOTAL SHORT-TERM INVESTMENTS						179,202,336
			(Cost $179,199,665)
			TOTAL INVESTMENTS - 100.6%						5,754,218,295
			(Cost $4,540,267,361)
			OTHER ASSETS & LIABILITIES, NET - (0.6)%						(32,898,349	)
			NET ASSETS - 100.0%					$	5,721,319,946
			Abbreviation(s):
			ADR   American Depositary Receipt
		*	Non-income producing
		e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $20,978,440.
		g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/21, the aggregate value of these securities is $147,227,179 or 2.6% of net assets.
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $17,475,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $17,824,515.

77

TIAA-CREF FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

SECTOR	VALUE			% OF NET ASSETS
INDUSTRIALS	$	985,386,094			17.2	%
FINANCIALS		911,617,983			15.9
CONSUMER DISCRETIONARY		850,810,984			14.9
INFORMATION TECHNOLOGY		681,114,382			11.9
MATERIALS		620,864,990			10.9
HEALTH CARE		558,543,249			9.8
CONSUMER STAPLES		423,412,336			7.4
UTILITIES		264,183,862			4.6
COMMUNICATION SERVICES		232,393,012			4.1
ENERGY		46,689,067			0.8
SHORT-TERM INVESTMENTS		179,202,336			3.1
OTHER ASSETS & LIABILITIES, NET		(32,898,349	)		(0.6	)
NET ASSETS	$	5,721,319,946			100 .0	%

78

TIAA-CREF FUNDS - International Opportunities Fund

TIAA-CREF FUNDS

INTERNATIONAL OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.3%
AUSTRALIA - 6.6%
	261,664	*	Afterpay Touch Group Ltd	$	26,711,895
	562,926		Australia & New Zealand Banking Group Ltd		10,134,901
	119,100		CSL Ltd		24,691,991
	1,295,656		IDP Education Ltd		22,551,103
	1,865,100	*	NEXTDC Ltd		16,422,736
	1,689,807	*	PointsBet Holdings Ltd		19,822,604
	2,667,100	*	Zip Co Ltd		14,628,057
			TOTAL AUSTRALIA		134,963,287
BRAZIL - 6.5%
	302,369	*	Arco Platform Ltd		9,597,192
	909,400		Banco Inter S.A.		21,981,239
	4,073,400		Banco Itau Holding Financeira S.A.		21,098,833
	1,743,700		Localiza Rent A Car		20,358,145
	4,870,000		Magazine Luiza S.A.		22,492,397
	403,393	*	Pagseguro Digital Ltd		19,746,087
	271,047	*	StoneCo Ltd		19,488,280
			TOTAL BRAZIL		134,762,173
CANADA - 6.8%
	897,032		Alimentation Couche Tard, Inc		27,358,161
	803,995		Dollarama, Inc		31,430,467
	318,658	*	Lightspeed POS, Inc		20,715,574
	538,500		Nutrien Ltd		26,521,783
	30,702	*	Shopify, Inc (Class A)		33,476,044
			TOTAL CANADA		139,502,029
CHINA - 8.7%
	228,051	*	GDS Holdings Ltd (ADR)		23,616,962
	311,000	*	JD.com, Inc (ADR)		27,582,590
	252,600		Silergy Corp		23,554,372
	735,200		Tencent Holdings Ltd		65,508,727
	11,128,034	g	Topsports International Holdings Ltd		18,032,560
	1,472,000	*,g	Wuxi Biologics Cayman, Inc		20,610,827
			TOTAL CHINA		178,906,038
DENMARK - 2.8%
	146,100		Carlsberg AS (Class B)		21,344,050
	510,300		Novo Nordisk AS		35,551,676
			TOTAL DENMARK		56,895,726
FRANCE - 4.6%
	171,602		Essilor International S.A.		24,274,420
	83,512		L’Oreal S.A.		29,379,526
	127,639		Teleperformance		41,748,418
			TOTAL FRANCE		95,402,364

79

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
GERMANY - 6.5%
	309,000		Bayer AG.	$	18,701,556
	81,100		Bechtle AG.		17,233,144
	161,482		Beiersdorf AG.		17,626,576
	118,700		Deutsche Boerse AG.		19,057,641
	278,006	*	HelloFresh SE		23,475,448
	166,241	*,e,g	Just Eat Takeaway.com NV		19,065,483
	373,151	*,g	TeamViewer AG.		19,297,316
			TOTAL GERMANY		134,457,164
HONG KONG - 0.7%
	946,100		Melco Crown Entertainment Ltd (ADR)		15,128,139
			TOTAL HONG KONG		15,128,139
INDONESIA - 1.2%
	85,976,300		Bank Rakyat Indonesia		25,489,125
			TOTAL INDONESIA		25,489,125
IRELAND - 4.5%
	491,610		CRH plc		20,173,117
	109,518	*	Flutter Entertainment plc		20,369,252
	610,422	*	Keywords Studios plc		22,788,721
	587,889		Smurfit Kappa Group plc		28,308,998
			TOTAL IRELAND		91,640,088
ITALY - 4.7%
	590,185		Amplifon S.p.A.		23,394,087
	2,208,500		Davide Campari-Milano NV		23,737,706
	119,600		Ferrari NV		24,887,428
	451,089		Moncler S.p.A		25,419,842
			TOTAL ITALY		97,439,063
JAPAN - 11.9%
	68,400	*,e	Amazia, Inc		1,271,959
	153,200	*,e	BASE, Inc		15,659,058
	639,100		Benefit One, Inc		18,115,544
	152,400		GMO Payment Gateway, Inc		21,712,295
	2,174,800		Infomart Corp		18,629,561
	123,900		IR Japan Holdings Ltd		20,698,515
	857,800		Japan Elevator Service Holdings Co Ltd		20,191,025
	398,700		MonotaRO Co Ltd		19,978,256
	354,000		Paltac Corp		18,395,239
	462,302		Seria Co Ltd		16,097,829
	147,099	*	SHIFT, Inc		18,070,083
	544,400		SMS Co Ltd		20,200,298
	245,800		TechnoPro Holdings, Inc		18,715,883
	199,400	e	Workman Co Ltd		16,444,259
			TOTAL JAPAN		244,179,804
NETHERLANDS - 4.9%
	11,177	*,g	Adyen NV		23,349,033
	88,896		ASML Holding NV		47,457,464
	3,492,429		ING Groep NV		31,052,442
			TOTAL NETHERLANDS		101,858,939

80

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
NEW ZEALAND - 0.9%
	750,000		Fisher & Paykel Healthcare Corp	$	18,587,752
			TOTAL NEW ZEALAND		18,587,752
NORWAY - 2.8%
	1,467,893		Aker BP ASA		36,458,115
	1,162,538		Equinor ASA		20,834,060
			TOTAL NORWAY		57,292,175
PHILIPPINES - 0.9%
	5,703,054		Banco de Oro Universal Bank		11,908,590
	6,009,020		Robinsons Retail Holdings, Inc		7,638,991
			TOTAL PHILIPPINES		19,547,581
POLAND - 1.2%
	693,182	*,g	Allegro.eu S.A.		13,677,367
	466,552	*	InPost S.A.		11,210,443
			TOTAL POLAND		24,887,810
PORTUGAL - 1.0%
	1,204,396		Jeronimo Martins SGPS S.A.		19,694,982
			TOTAL PORTUGAL		19,694,982
SPAIN - 1.2%
	376,699		Amadeus IT Holding S.A.		24,049,679
	142,139	*,†,e	Let’s GOWEX S.A.		1,725
			TOTAL SPAIN		24,051,404
SWEDEN - 3.6%
	287,127		Hexagon AB (B Shares)		25,022,007
	652,000	e	Intrum Justitia AB		17,724,495
	396,800		Swedish Match AB		30,598,338
			TOTAL SWEDEN		73,344,840
SWITZERLAND - 4.1%
	4,306		Givaudan S.A.		17,347,890
	52,867		Lonza Group AG.		33,766,125
	98,700		Roche Holding AG.		34,062,532
			TOTAL SWITZERLAND		85,176,547
TAIWAN - 0.8%
	1,197,540		Dadi Early-Childhood Education Group Ltd		6,505,579
	2,700,349		Hota Industrial Manufacturing Co Ltd		11,012,966
			TOTAL TAIWAN		17,518,545
UNITED KINGDOM - 10.4%
	986,180		Ashtead Group plc		49,493,272
	3,252,963		Beazley plc		13,845,560
	457,780		Dechra Pharmaceuticals plc		22,566,317
	2,207,886		Electrocomponents plc		26,442,246
	447,623		Fevertree Drinks plc		14,970,915
	85,385		Linde plc (Xetra)		20,849,183
	199,421		London Stock Exchange Group plc		23,674,269

81

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY					VALUE
	2,502,520	*	THG Holdings Ltd					$	24,721,852
	6,603,400		Tritax Big Box REIT plc						16,630,087
			TOTAL UNITED KINGDOM						213,193,701
UNITED STATES - 1.0%
	60,900	*	Lululemon Athletica, Inc						20,016,612
			TOTAL UNITED STATES						20,016,612
			TOTAL COMMON STOCKS						2,023,935,888
			(Cost $1,164,418,004)
RIGHTS / WARRANTS - 0.0%
AUSTRALIA - 0.0%
	225,308	*	PointsBet Holdings Ltd						0
	112,654	e	PointsBet Holdings Pty Ltd (expires 09/30/22)						352,993
			TOTAL AUSTRALIA						352,993
			TOTAL RIGHTS / WARRANTS						352,993
			(Cost $0)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 4.3%
GOVERNMENT AGENCY DEBT - 1.9%
$	7,813,000		Federal Home Loan Bank (FHLB)	0.050-0.080		%	02/03/21		7,812,983
	12,500,000		FHLB		0.080		03/05/21		12,499,445
	10,452,000		FHLB		0.070		03/17/21		10,451,361
	6,365,000		FHLB		0.085		04/08/21		6,364,183
			TOTAL GOVERNMENT AGENCY DEBT						37,127,972
TREASURY DEBT - 0.6%
	12,124,000		United States Cash Management Bill		0.068		02/16/21		12,123,785
			TOTAL TREASURY DEBT						12,123,785
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.8%
	37,906,519	c	State Street Navigator Securities Lending		0.060				37,906,519
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						37,906,519
			TOTAL SHORT-TERM INVESTMENTS						87,158,276
			(Cost $87,157,369)
			TOTAL INVESTMENTS - 102.6%						2,111,447,157
			(Cost $1,251,575,373)
			OTHER ASSETS & LIABILITIES, NET - (2.6)%						(52,717,210	)
			NET ASSETS - 100.0%					$	2,058,729,947

82

TIAA-CREF FUNDS - International Opportunities 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 $64,662,263.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/21, the aggregate value of these securities is $114,032,586 or 5.5% of net assets.

83

TIAA-CREF FUNDS - International Opportunities Fund

TIAA-CREF FUNDS

INTERNATIONAL OPPORTUNITIES FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

SECTOR	VALUE			% OF NET ASSETS
INFORMATION TECHNOLOGY	$	437,000,310			21.2	%
CONSUMER DISCRETIONARY		431,353,623			21.0
INDUSTRIALS		284,876,538			13.8
HEALTH CARE		231,932,864			11.3
FINANCIALS		192,870,656			9.4
CONSUMER STAPLES		192,349,246			9.3
MATERIALS		113,200,971			5.5
COMMUNICATION SERVICES		66,782,411			3.3
ENERGY		57,292,175			2.8
REAL ESTATE		16,630,087			0.8
SHORT-TERM INVESTMENTS		87,158,276			4.2
OTHER ASSETS & LIABILITIES, NET		(52,717,210	)		(2.6	)
NET ASSETS	$	2,058,729,947			100.0	%

84

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

TIAA-CREF FUNDS

QUANT INTERNATIONAL SMALL-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
AUSTRALIA - 5.7%
	283,768		Ansell Ltd	$	7,932,260
	43,811		Appen Ltd		741,534
	12,165		ARB Corp Ltd		324,910
	1,232,000		Austal Ltd		2,404,332
	779,000		Bunnings Warehouse Property Trust		2,549,065
	260,000		BWX Ltd		810,833
	438,691		carsales.com Ltd		6,540,056
	456,567	*	Champion Iron Ltd		1,769,619
	239,466		Charter Hall Group		2,474,302
	951,824		Cleanaway Waste Management Ltd		1,603,513
	19,760	e	Clinuvel Pharmaceuticals Ltd		328,953
	396,000		Futuris Corp Ltd		3,210,793
	561,000		GDI Property Group		494,855
	107,531		Growthpoint Properties Australia Ltd		261,500
	1,044,006		Independence Group NL		5,079,280
	911,000		Ingenia Communities Group		3,469,821
	141,000		JB Hi-Fi Ltd		5,541,616
	2,203,328	*	Mayne Pharma Group Ltd		527,379
	275,000		Mineral Resources Ltd		7,162,576
	107,713		Moelis Australia Ltd		357,053
	97,843		Netwealth Group Ltd		1,284,112
	1,322,708		Perenti Global Ltd		1,304,560
	298,000		Pinnacle Investment Management Group Ltd		1,669,680
	209,000		Premier Investments Ltd		3,559,439
	143,952		Ramelius Resources Ltd		166,834
	2,721,324	*	SolGold plc		1,075,708
	641,816		St Barbara Ltd		1,071,232
	655,851		Waypoint REIT		1,281,944
	61,116	*	Zip Co Ltd		335,199
			TOTAL AUSTRALIA		65,332,958
AUSTRIA - 0.7%
	47,520	*	ams AG.		1,188,608
	20,000		Schoeller-Bleckmann Oilfield Equipment AG.		750,793
	6,629	*	Semperit AG. Holding		208,163
	77,000		Telekom Austria AG.		585,890
	159,000		Wienerberger AG.		5,410,441
			TOTAL AUSTRIA		8,143,895
BELGIUM - 0.5%
	8,000		Aedifica S.A.		965,438
	23,000		Befimmo SCA Sicafi		978,203
	5,263		Gimv NV		313,729
	36,000	*	KBC Ancora		1,403,911
	4,467		Montea C.V.A		544,649

85

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

SHARES			COMPANY	VALUE
	20,000	*	Tessenderlo Chemie NV	$	853,342
	20,000		Warehouses De Pauw CVA		718,109
			TOTAL BELGIUM		5,777,381
BRAZIL - 2.4%
	688,600	*	Azul S.A.		5,076,968
	1,051,200		Banco Pan S.A.		1,804,066
	1,767,300		BR Properties S.A.		2,907,062
	285,500		Cia de Saneamento de Minas Gerais-COPASA		809,319
	1,166,000		Cia Energetica de Sao Paulo (Class B)		6,233,414
	476,600	*	Gol Linhas Aereas Inteligentes S.A.		2,086,225
	1,308,700		JHSF Participacoes S.A.		1,726,946
	379,000		LOG Commercial Properties e Participacoes S.A.		2,320,521
	205,300	*	Marisa Lojas S.A.		234,890
	313,400		SIMPAR S.A.		2,027,701
	444,400		Transmissora Alianca de Energia Eletrica S.A.		2,606,425
			TOTAL BRAZIL		27,833,537
BURKINA FASO - 0.1%
	422,000	*	IAMGOLD Corp		1,432,242
			TOTAL BURKINA FASO		1,432,242
CANADA - 5.3%
	67,952	*,e	Aurora Cannabis, Inc		753,517
	154,000		Canaccord Financial, Inc		1,413,849
	147,000		Canadian Western Bank		3,270,499
	75,614	*	Canfor Corp		1,396,087
	121,000		Cascades, Inc		1,466,667
	181,000	*	Celestica, Inc		1,467,816
	2,286		Cogeco, Inc		164,413
	401,000		Corus Entertainment, Inc		1,486,405
	1,523,249	e	Crescent Point Energy Corp		4,193,030
	147,000		Enerflex Ltd		756,411
	7,696		Exchange Income Corp		218,407
	82,986		Granite REIT		4,860,724
	73,000	e	Intertape Polymer Group, Inc		1,311,288
	140,000		Killam Apartment REIT		1,922,502
	148,412		Labrador Iron Ore Royalty Corp		3,696,518
	90,000		Linamar Corp		4,594,487
	120,000		Martinrea International, Inc		1,272,493
	13,171		Maverix Metals, Inc		67,773
	1,100,595	*	MEG Energy Corp		3,666,498
	26,427	*	Novagold Resources, Inc		240,969
	73,249	*	Parex Resources, Inc		1,108,401
	124,000		Rogers Sugar, Inc		528,485
	11,596	e	Russel Metals, Inc		208,207
	41,944		Slate Grocery REIT		389,017
	15,892	*	SunOpta, Inc		224,942
	163,000		TFI International, Inc		10,827,151
	100,000	e	Timbercreek Financial Corp		675,660
	113,000		Tourmaline Oil Corp		1,610,057
	170,579		TransAlta Corp		1,496,693
	44,903	*	Trillium Therapeutics, Inc		589,928
	264,000	e	Vermilion Energy, Inc		1,156,129

86

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

SHARES			COMPANY	VALUE
	1,177,425	e	Whitecap Resources, Inc	$	4,217,092
			TOTAL CANADA		61,252,115
CHILE - 0.2%
	424,519,368		Corpbanca S.A.		1,444,895
	80,818		Empresa Nacional de Telecomunicaciones S.A.		494,932
	40,083		Inversiones La Construccion S.A.		296,906
	340,910		Vina Concha y Toro S.A.		547,130
			TOTAL CHILE		2,783,863
CHINA - 2.4%
	24,224	*	111, Inc (ADR)		266,948
	88,000	*	21Vianet Group, Inc (ADR)		3,320,240
	595,000		Chaowei Power Holdings Ltd		252,338
	550,000	*,e,g	China Logistics Property Holdings Co Ltd		315,008
	745,000		China Shineway Pharmaceutical Group Ltd		526,695
	1,840,000		China South City Holdings Ltd		198,556
	1,954,000		China Suntien Green Energy Cor		569,591
	1,405,000		Citic 1616 Holdings Ltd		443,087
	946,000		Cofco International Ltd		390,952
	259,000	*,e,g	CStone Pharmaceuticals		349,420
	3,090,823		Fushan International Energy Group Ltd		728,969
	11,346,000		Gemdale Properties and Investment Corp Ltd		1,603,661
	19,800	*	Genetron Holdings Ltd (ADR)		456,390
	119,000	*	Immunotech Biopharm Ltd		175,417
	959,000	*,g	InnoCare Pharma Ltd		1,667,355
	17,880	*	JinkoSolar Holding Co Ltd (ADR)		1,108,381
	99,000	*	KWG Living Group Holdings Ltd		104,321
	5,238,000		Lonking Holdings Ltd		1,738,273
	19,200	*	Niu Technologies (ADR)		839,616
	23,760	*,e	Qutoutiao, Inc (ADR)		72,706
	348,000		Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co Ltd		228,289
	1,712,000	e	Shougang Concord International Enterprises Co Ltd		408,975
	3,117,000		SITC International Co Ltd		7,145,393
	86,550	*	So-Young International, Inc (ADR)		1,010,038
	1,989,000		TCL Multimedia Technology Holdings Ltd		1,700,371
	2,940,000		Tiangong International Co Ltd		1,649,502
			TOTAL CHINA		27,270,492
COLOMBIA - 0.0%
	172,761		Cementos Argos S.A.		282,691
	25,255	*	Corp Financiera Colombiana S.A.		227,995
			TOTAL COLOMBIA		510,686
COTE D’IVOIRE - 0.1%
	30,680		Endeavour Mining Corp		651,628
			TOTAL COTE D’IVOIRE		651,628
DENMARK - 1.8%
	115,000		Alm Brand AS		1,285,897
	51,891		Chemometec A.S.		4,299,398
	21,000		PER Aarsleff A.S.		970,617
	30,000		Ringkjoebing Landbobank A.S.		2,638,449

87

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

SHARES			COMPANY	VALUE
	80,000		Royal Unibrew A.S.	$	7,897,218
	111,000	g	Scandinavian Tobacco Group A.S.		2,009,677
	30,000		Topdanmark AS		1,385,218
			TOTAL DENMARK		20,486,474
FINLAND - 1.4%
	2,038		Admicom Oyj		271,864
	187,554		Kesko Oyj (B Shares)		4,870,141
	29,194		Sanoma-WSOY Oyj		559,768
	40,000		Tokmanni Group Corp		774,730
	77,031		Uponor Oyj		1,810,090
	234,000		Valmet Corp		7,490,998
			TOTAL FINLAND		15,777,591
FRANCE - 1.3%
	18,792		ABC Arbitrage		168,757
	61,530	*	Cellectis S.A.		1,721,926
	49,903		Coface S.A.		490,915
	4,064		Icade		292,256
	20,248		M6-Metropole Television		344,499
	251,933		Mercialys S.A		2,284,220
	2,989		Pharmagest Inter@ctive		416,414
	136,431		Rexel S.A.		2,076,048
	31,000		Sechilienne-Sidec		1,578,160
	18,000		Sopra Group S.A.		2,986,081
	7,321	*	Valneva SE		83,948
	14,407	g	Verallia S.A.		473,517
	7,000	*	Virbac S.A.		1,822,145
			TOTAL FRANCE		14,738,886
GERMANY - 3.2%
	99,796	g	ADO Properties S.A.		3,010,730
	127,000	*	ADVA AG. Optical Networking		1,389,638
	105,208	*	Aurelius AG.		2,328,788
	5,813		bet-at-home.com AG.		268,199
	35,305		CropEnergies AG.		534,919
	7,524		Dermapharm Holding SE		530,131
	74,000		DIC Asset AG.		1,247,759
	7,959		Draegerwerk AG.		678,685
	48,000		Eckert & Ziegler Strahlen- und Medizintechnik AG.		3,197,946
	3,195	*	FinTech Group AG.		295,062
	80,000		Grand City Properties S.A.		1,987,081
	5,345	g	JOST Werke AG.		270,936
	11,000	*	Morphosys AG.		1,313,435
	1,831		New Work SE		507,729
	41,000		Patrizia Immobilien AG.		1,249,068
	862,000		Sirius Real Estate Ltd		1,113,873
	1,070		Sixt AG. (Preference)		72,500
	29,301		Stabilus S.A.		2,193,201
	4,600		STRATEC Biomedical AG.		757,211
	22,658		TAG Tegernsee Immobilien und Beteiligungs AG.		695,753
	726,022	*	ThyssenKrupp AG.		8,417,811
	35,356		Wacker Chemie AG.		5,116,994
			TOTAL GERMANY		37,177,449

88

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

SHARES			COMPANY	VALUE
HONG KONG - 1.1%
	760,000		China Grand Pharmaceutical and Healthcare Holdings Ltd	$	614,752
	3,143,000		China High Speed Transmission Equipment Group Co Ltd		2,959,262
	1,370,000		Concord New Energy Group Ltd		91,781
	2,803,000		Digital China Holdings Ltd		2,076,143
	96,000		Hang Lung Group Ltd		242,798
	341,000		Johnson Electric Holdings Ltd		1,007,144
	1,903,734		K Wah International Holdings Ltd		897,032
	1,162,800		Man Wah Holdings Ltd		2,564,620
	17,820,000		Skyway Securities Group Ltd		257,420
	1,656,000		United Laboratories Ltd		1,148,159
	960,000		VST Holdings Ltd		838,149
			TOTAL HONG KONG		12,697,260
INDIA - 2.3%
	15,137		Aarti Drugs Ltd		139,283
	25,856		Adani Gas Ltd		134,546
	4,506	*	Affle India Ltd		224,680
	5,650		Amara Raja Batteries Ltd		70,977
	1,300		Amber Enterprises India Ltd		45,788
	74,501		Apollo Tyres Ltd		200,292
	241,048		Ashok Leyland Ltd		364,795
	2,137		Bata India Ltd		43,875
	637,996		Central Depository Services India Ltd		4,212,223
	30,098		Cholamandalam Investment and Finance Co Ltd		163,651
	119,000		Crompton Greaves Consumer Electricals Ltd		696,121
	13,261		Deepak Nitrite Ltd		176,013
	647		Dixon Technologies India Ltd		124,886
	108,364		Escorts Ltd		1,785,500
	23,746		Exide Industries Ltd		62,839
	471,053	*	Federal Bank Ltd		465,870
	101,256	*	Future Enterprises Ltd		109,847
	234,293		Glenmark Pharmaceuticals Ltd		1,510,110
	1,452		GMM Pfaudler Ltd		70,899
	19,594	*	Godrej Properties Ltd		336,436
	21,245		Granules India Ltd		97,850
	10,108,245	*	Idea Cellular Ltd		1,546,638
	378,119	*	IDFC Bank Ltd		244,400
	31,634		India Cements Ltd		66,892
	195,570		Indiabulls Housing Finance Ltd		509,380
	9,794	g	IndiaMart InterMesh Ltd		1,043,722
	7,402		IOL Chemicals and Pharmaceuticals Ltd		68,579
	1,058,000	*	Jindal Steel & Power Ltd		3,759,224
	40,179		Kaveri Seed Co Ltd		299,643
	19,325		KPIT Cummins Infosystems Ltd		66,008
	171,325		L&T Finance Holdings Ltd		201,324
	249,814	g	Laurus Labs Ltd		1,178,231
	34,471		LIC Housing Finance Ltd		186,318
	10,466		Mahanagar Gas Ltd		148,082
	109,871	*	Mahindra & Mahindra Financial Services Ltd		232,310
	55,528		Manappuram General Finance & Leasing Ltd		118,490
	6,175	*	Max India Ltd		57,700
	63,624		MindTree Ltd		1,431,009

89

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

SHARES			COMPANY	VALUE
	29,001		Mphasis Ltd	$	607,084
	24,634		Multi Commodity Exchange of India Ltd		553,834
	6,051		NIIT Technologies Ltd		197,895
	161,488	g	RBL Bank Ltd		471,909
	52,502	*	SpiceJet Ltd		59,362
	1,317		SRF Ltd		96,762
	12,390		Strides Arcolab Ltd		137,935
	26,741	*	Sun Pharma Advanced Research Company Ltd		65,749
	31,647		Tanla Platforms Ltd		292,833
	35,382		Tata Elxsi Ltd		1,300,111
	232,367		Tata Power Co Ltd		239,387
	108,000		Torrent Power Ltd		456,313
	6,927		Voltas Ltd		86,101
	42,196	*	Wockhardt Ltd		277,412
			TOTAL INDIA		27,037,118
INDONESIA - 1.1%
	16,139,000	*	PT Erajaya Swasembada Tbk		3,173,344
	1,152,900	*	PT Indosat Tbk		411,616
	1,392,800		PT Industri Jamu Dan Farmasi Sido Muncul Tbk		72,404
	13,201,700	*	PT Lippo Karawaci Tbk		163,984
	42,643,000		PT Puradelta Lestari Tbk		661,049
	1,274,800		PT Selamat Sempurna Tbk		111,622
	13,300,700	*	PT Surya Citra Media Tbk		2,056,289
	6,019,500		PT Tambang Batubara Bukit Asam Tbk		1,102,147
	34,347,000		Tower Bersama Infrastructure		5,464,466
			TOTAL INDONESIA		13,216,921
ISRAEL - 2.1%
	23,613		Amot Investments Ltd		130,058
	41,000		Ashtrom Group Ltd		774,246
	236,075		Bayside Land Corp		1,880,312
	111,085	*,e	Compugen Ltd		1,350,794
	14,000		Elco Holdings Ltd		698,106
	2,000		Electra Israel Ltd		1,051,010
	18,383	*	Fattal Holdings 1998 Ltd		1,782,183
	25,054	*	Fiverr International Ltd		5,173,902
	107,000		Gazit Globe Ltd		643,523
	60,163	*	Kornit Digital Ltd		5,452,874
	139,379		Maytronics Ltd		2,418,655
	34,231	*	Nova Measuring Instruments Ltd		2,497,401
	20,444		Shapir Engineering and Industry Ltd		146,767
			TOTAL ISRAEL		23,999,831
ITALY - 3.0%
	120,000		ACEA S.p.A.		2,374,308
	491,057		Actelios S.p.A.		3,781,759
	259,046		Azimut Holding S.p.A.		5,443,211
	375,000	g	Banca Farmafactoring S.p.A		2,063,749
	185,840	e	Buzzi Unicem S.p.A.		4,572,299
	2,827	g	Carel Industries S.p.A		58,322
	135,000	*	Cerved Information Solutions S.p.A		1,152,751
	72,789		De’Longhi S.p.A.		2,612,299
	20,279		Gruppo MutuiOnline S.p.A		791,198

90

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

SHARES			COMPANY	VALUE
	73,303	*,g	GVS S.p.A	$	1,329,905
	1,250,000		Hera S.p.A.		4,366,953
	765,000		Piaggio & C S.p.A.		2,712,015
	21,000	*	Sesa S.p.A		2,464,202
	22,557	*	Tinexta S.p.A		532,971
			TOTAL ITALY		34,255,942
JAPAN - 18.5%
	362,500		Alps Electric Co Ltd		4,844,316
	34,000		Altech Corp		675,536
	900		Amuse, Inc		21,302
	41,000	e	Anritsu Corp		1,010,185
	30,000		Arata Corp		1,319,560
	160,300		ASKUL Corp		5,660,940
	13,200		BayCurrent Consulting, Inc		1,990,175
	168,000		Bunka Shutter Co Ltd		1,499,110
	23,500		Cocokara Fine Holdings, Inc		1,530,457
	44,000		Computer Engineering & Consulting Ltd		590,184
	14,129		Daiichi Jitsugyo Co Ltd		558,036
	90,000		Daio Paper Corp		1,625,476
	86,400		Daiwabo Co Ltd		7,282,136
	223,800		DCM Japan Holdings Co Ltd		2,261,479
	156,100		Dena Co Ltd		2,914,217
	151,900		Dowa Holdings Co Ltd		5,555,855
	111,100		ES-Con Japan Ltd		776,285
	50,500		Foster Electric Co Ltd		749,298
	1,161,400		Fujikura Ltd		5,443,069
	25,800		Futaba Corp/Chiba		235,501
	25,000		Fuyo General Lease Co Ltd		1,732,666
	18,400		Gakken Co Ltd		301,399
	62,000		GMO internet, Inc		1,751,468
	24,000		Godo Steel Ltd		440,720
	123,000		Goldcrest Co Ltd		2,117,744
	46,800		Green Hospital Supply, Inc		2,692,701
	106,800	*	GungHo Online Entertainment Inc		2,662,562
	11,800		Haseko Corp		139,089
	86,000		Hosiden Corp		782,874
	3,599		Hosokawa Micron Corp		212,691
	51,000		Inaba Denki Sangyo Co Ltd		1,192,126
	28,300		Inabata & Co Ltd		397,322
	60,000		Itochu Enex Co Ltd		576,617
	33,000	*	Jafco Co Ltd		1,784,655
	2,882,300	*	Japan Display, Inc		1,290,865
	272,000	e	Japan Investment Adviser Co Ltd		2,879,996
	51,880		JDC Corp		274,479
	27,100		Joshin Denki Co Ltd		709,655
	116,900		Joyful Honda Co Ltd		1,549,100
	56,000		Kaken Pharmaceutical Co Ltd		2,197,772
	100,000		Kanto Denka Kogyo Co Ltd		799,463
	122,000		Kinden Corp		1,960,380
	90,700		Kintetsu World Express, Inc		2,223,549
	131,800	*	Kobe Steel Ltd		613,134
	74,000	e	Kohnan Shoji Co Ltd		2,012,246
	148,200		Komeri Co Ltd		3,935,398

91

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

SHARES			COMPANY	VALUE
	35,800		Komori Corp	$	233,105
	557,200		K’s Holdings Corp		7,534,361
	83,900		Kumagai Gumi Co Ltd		2,075,784
	80,000		LEC, Inc		1,025,041
	423,565		Maeda Corp		3,468,199
	43,800		Maeda Road Construction Co Ltd		739,669
	18,000		Maruzen Showa Unyu Co Ltd		577,786
	27,900		Maxell Holdings Ltd		366,567
	10,200	*	Maxvalu Tokai Co Ltd		261,944
	168,900		Mitsubishi Materials Corp		3,588,732
	913,400		Mitsubishi Motors Corp		2,076,661
	15,000		Mitsubishi Research Institute, Inc		603,715
	47,000		Mitsui-Soko Co Ltd		1,004,508
	1,749		Mori Hills REIT Investment Corp		2,438,081
	47,000		Musashino Bank Ltd		675,228
	48,000		Nichiha Corp		1,438,308
	48,000		Nihon Unisys Ltd		1,821,498
	471,900		Nikon Corp		3,760,771
	87,000		Nippo Corp		2,167,920
	269,100		Nippon Electric Glass Co Ltd		5,912,049
	77,000		Nippon Konpo Unyu Soko Co Ltd		1,553,883
	16,000		Nippon Steel Trading Co Ltd		548,887
	110,000		Nojima Corp		2,809,212
	255,800	e	Nomura Co Ltd		1,855,145
	854,500		NTN Corp		2,257,018
	159,900		Onward Kashiyama Co Ltd		373,958
	18,000		Optorun Co Ltd		424,881
	26,000		Organo Corp		1,727,649
	876,600		Penta-Ocean Construction Co Ltd		7,182,171
	22,400	e	Pressance Corp		315,254
	79,000		Prima Meat Packers Ltd		2,466,835
	50,000		Proto Corp		491,254
	23,800	e	Raysum Co Ltd		207,349
	593,000		Rengo Co Ltd		4,932,113
	10,100		Riken Vitamin Co Ltd		131,997
	16,000		Sakai Moving Service Co Ltd		743,452
	167,500		Sankyo Co Ltd		4,784,276
	316,100		Sanwa Shutter Corp		3,603,749
	15,100		Sanyo Special Steel Co Ltd		210,849
	100,000		SBS Holdings, Inc		2,294,868
	28,000		Seria Co Ltd		974,989
	19,700		Shiga Bank Ltd		360,311
	21,300		Shima Seiki Manufacturing Ltd		419,966
	7,600		Shinko Plantech Co Ltd		83,985
	30,000		Sinko Industries Ltd		522,627
	49,000		Starts Corp, Inc		1,261,188
	27,100		Sumitomo Bakelite Co Ltd		972,016
	386,600		Sumitomo Forestry Co Ltd		7,486,852
	380,660		Sumitomo Mitsui Construction Co Ltd		1,584,176
	78,300		Sun Frontier Fudousan Co Ltd		659,248
	1,361,000	e	Suruga Bank Ltd		4,002,242
	35,000		Taikisha Ltd		933,295
	301,000		Takara Leben Co Ltd		907,434
	80,800		Takasago Thermal Engineering Co Ltd		1,220,082

92

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

SHARES			COMPANY	VALUE
	69,000		Tamron Co Ltd	$	1,344,443
	92,000		TechMatrix Corp		1,674,898
	49,300		Telepark Corp		920,348
	41,000		Toa Corp/Tokyo		801,840
	231,000		Toda Corp		1,630,054
	163,000		Toho Pharmaceutical Co Ltd		3,069,621
	63,000		Tokyo Tatemono Co Ltd		850,531
	197,000		Tosei Corp		1,946,823
	98,900		Toyo Construction Co Ltd		486,528
	11,600		Trancom Co Ltd		906,758
	24,100	*	Trans Cosmos, Inc/Japan		604,202
	79,400		Uchida Yoko Co Ltd		3,178,950
	56,300		World Co Ltd		653,993
	326,000		Yamaguchi Financial Group, Inc		1,853,819
	116,000		Yellow Hat Ltd		1,862,689
	36,000	e	Yokogawa Bridge Holdings Corp		669,214
	107,000		Zenkoku Hosho Co Ltd		4,776,267
			TOTAL JAPAN		213,077,904
KOREA, REPUBLIC OF - 5.2%
	11,349	*	Binex Co Ltd		266,772
	70,433	*	Boditech Med, Inc		1,171,361
	1,807	*	Cuckoo Electronics Co Ltd		155,646
	38,984	*	Daewoong Co Ltd		1,620,463
	119,352	*	Dongbu HiTek Co Ltd		6,516,878
	29,172	*	Dongwon Development Co Ltd		125,490
	25,000	*	Global & Yuasa Battery Co Ltd		2,269,248
	3,903	*	Hanssem Co Ltd		330,189
	21,368	*	Hyundai Electric & Energy System Co Ltd		318,928
	195,616	*	Hyundai Rotem Co Ltd		3,348,863
	17,427	*	Ilyang Pharmaceutical Co Ltd		792,198
	192,092	*	JB Financial Group Co Ltd		889,329
	17,010	*	Jin Air Co Ltd		244,439
	53,866		Kginicis Co Ltd		858,822
	1,932	*	Korea District Heating Corp		64,941
	230,201	*	KPM Tech Co Ltd		500,507
	192,697		LG International Corp		4,538,041
	200,413		LOTTE Reit Co Ltd		909,296
	38,000	*	LS Industrial Systems Co Ltd		2,078,403
	107,712	*	NICE Information Service Co Ltd		2,047,647
	9,603	*	OCI Co Ltd		844,512
	40,750	*	Osstem Implant Co Ltd		2,498,890
	52,000		S&T Daewoo Co Ltd		3,352,567
	188,424	*	Samsung Techwin Co Ltd		6,846,547
	66,616	*	SK Chemicals Co Ltd		3,776,652
	28,440		Soulbrain Co Ltd		6,805,319
	85,670	*	Technosemichem Co Ltd		3,365,723
	261,675	*	TELCON, Inc		1,159,242
	91,298	*	TY Holdings Co Ltd		1,934,812
	8,015	*	Webzen, Inc		249,895
			TOTAL KOREA, REPUBLIC OF		59,881,620
MALAYSIA - 1.4%
	3,175,200		Bursa Malaysia BHD		7,335,503

93

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

SHARES			COMPANY	VALUE
	1,123,900		Drb-Hicom BHD	$	490,580
	1,111,600	*	Greatech Technology Bhd		1,532,956
	5,389,500		Inari Amertron BHD		4,503,608
	252,700		IOI Properties Group BHD		81,007
	739,500		UWC BHD		2,313,764
	80,700		ViTrox Corp BHD		331,384
			TOTAL MALAYSIA		16,588,802
MALTA - 0.4%
	66,982	*	Kambi Group plc		3,740,968
	72,000		Kindred Group plc (ADR)		863,354
			TOTAL MALTA		4,604,322
MEXICO - 0.2%
	164,460		Bolsa Mexicana de Valores S.A. de C.V.		369,050
	151,500		Concentradora Fibra Danhos S.A. de C.V.		180,774
	96,800		Grupo Cementos de Chihuahua SAB de C.V.		615,867
	219,900		Grupo Comercial Chedraui S.a. DE C.V.		299,293
	534,100	g	Mexico Real Estate Management S.A. de C.V.		663,098
	201,500		PLA Administradora Industrial S de RL de C.V.		283,785
	20	e	Qualitas Controladora SAB de C.V.		105
	20	*,e	Regional SAB de C.V.		82
			TOTAL MEXICO		2,412,054
NETHERLANDS - 2.3%
	38,907		ASM International NV		9,966,733
	46,015		BE Semiconductor Industries NV		3,163,697
	25,574	g	Euronext NV		2,754,237
	179,038	g	Signify NV		8,542,987
	443,777	*	TNT NV		1,829,485
			TOTAL NETHERLANDS		26,257,139
NEW ZEALAND - 0.1%
	64,076		Argosy Property Ltd		70,780
	783,390		Precinct Properties New Zealand Ltd		967,039
			TOTAL NEW ZEALAND		1,037,819
NORWAY - 0.7%
	282,000	g	Europris ASA		1,561,507
	178,453	g	Fjordkraft Holding ASA		1,515,700
	108,602		Frontline Ltd (Sigmax MTF)		627,521
	20,636		Kongsberg Gruppen ASA		399,171
	198,502		Norwegian Finans Holding ASA		1,675,834
	23,264		Selvaag Bolig ASA		141,775
	118,000	g	Skandiabanken ASA		928,287
	130,000		Sparebanken Nord-Norge		1,176,729
			TOTAL NORWAY		8,026,524
PAKISTAN - 0.2%
	476,000		Engro Chemical Pakistan Ltd		914,069
	682,000		Fauji Fertilizer Co Ltd		468,977
	115,665	*	Lucky Cement Ltd		524,863
			TOTAL PAKISTAN		1,907,909

94

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

SHARES			COMPANY	VALUE
PERU - 0.2%
	502,000		HudBay Minerals, Inc	$	2,857,916
			TOTAL PERU		2,857,916
POLAND - 0.2%
	35,000		Asseco Poland S.A.		637,107
	6,568		Mercator Medical S.A.		650,620
	3,649		PlayWay S.A.		617,902
	57,297		Warsaw Stock Exchange		676,046
			TOTAL POLAND		2,581,675
PORTUGAL - 0.3%
	516,590		PT Multimedia Servicos de Telecomunicacoes e Multimedia SGPS S.A.		1,781,414
	641,000		Redes Energeticas Nacionais S.A.		1,824,141
			TOTAL PORTUGAL		3,605,555
QATAR - 0.0%
	48,455		Al Meera Consumer Goods Co		267,880
			TOTAL QATAR		267,880
RUSSIA - 0.1%
	153,266		AFK Sistema		1,264,444
			TOTAL RUSSIA		1,264,444
SAUDI ARABIA - 1.0%
	157,541	*	Al Hammadi Co for Development and Investment		1,171,874
	46,100		Arabian Cement Co		557,399
	15,866		Eastern Province Cement Co		191,192
	350,303	*	Saudi Ceramic Co		4,543,749
	56,835		Saudi Pharmaceutical Industries & Medical Appliances Corp		582,887
	10,289		Saudia Dairy & Foodstuff Co		439,585
	360,000		Yamama Cement Co		2,965,846
	73,000		Yanbu Cement Co		912,816
			TOTAL SAUDI ARABIA		11,365,348
SINGAPORE - 1.3%
	448,050	g	BW LPG Ltd		2,926,458
	58,837		China Yuchai International Ltd		939,627
	5,902,000		Frasers Logistics & Industrial Trust		6,379,687
	1,107,000		Japfa Ltd		722,074
	984,100		Keppel Infrastructure Trust		410,367
	202,400		Parkway Life REIT		631,372
	2,217,300		Sheng Siong Group Ltd		2,696,490
	365,100		Soilbuild Business Space REIT		145,101
			TOTAL SINGAPORE		14,851,176
SOUTH AFRICA - 0.6%
	218,699		African Rainbow Minerals Ltd		3,965,935
	1,185,266	*,e	Brait S.A.		237,727
	277,471	*,e	Massmart Holdings Ltd		738,378
	477,128	*,e	Royal Bafokeng Platinum Ltd		2,169,710
			TOTAL SOUTH AFRICA		7,111,750

95

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

SHARES			COMPANY	VALUE
SPAIN - 1.3%
	76,000		Cia de Distribucion Integral Logista Holdings SAU	$	1,429,745
	51,146	g	ContourGlobal plc		139,710
	6,847,000	*,e	Distribuidora Internacional de Alimentacion S.A.		990,453
	16,498	g	Euskaltel S.A.		177,187
	371,654		Faes Farma S.A. (Sigma)		1,656,708
	28,000		Grupo Catalana Occidente S.A.		951,298
	730,394	*	Mediaset Espana Comunicacion SA		3,754,555
	10,166		Pharma Mar S.A.		1,292,134
	44,000		Viscofan S.A.		3,107,658
	232,700		Zardoya Otis S.A.		1,531,324
			TOTAL SPAIN		15,030,772
SWEDEN - 5.6%
	221,000		Arjo AB		1,642,366
	250,142		Avanza Bank Holding AB		6,825,075
	191,000		Axfood AB		4,590,243
	231,000		Betsson AB		2,170,842
	101,000		Bilia AB		1,252,365
	156,000	*	Biovitrum AB		2,945,490
	25,000		Castellum AB		599,784
	111,000	*	Clas Ohlson AB (B Shares)		1,008,944
	357,000	*,e	Collector AB		930,598
	60,873		Fortnox AB		2,986,720
	315,000		Getinge AB (B Shares)		8,125,189
	65,000		Hexpol AB		710,382
	116,000		Inwido AB		1,580,133
	8,218	*	K-fast Holding AB		238,075
	595,305	g	LeoVegas AB		2,429,329
	4,650		Lifco AB		426,865
	19,794		Lime Technologies AB		842,285
	104,000		Lindab International AB		2,218,305
	59,707		Micronic Laser Systems AB		1,673,687
	56,292		MIPS AB		3,328,756
	187,111		NCC AB (B Shares)		3,133,701
	178,000	*,g	Nobina AB		1,416,710
	30,000		Nolato AB (B Shares)		2,776,642
	257,226	*	Nyfosa AB		2,485,406
	44,992	*,g	Oncopeptides AB		813,743
	94,866		Paradox Interactive AB		2,640,031
	42,644	g	Thule Group AB		1,581,321
	50,383		Troax Group AB		1,173,861
	88,227		Wihlborgs Fastigheter AB		1,811,830
			TOTAL SWEDEN		64,358,678
SWITZERLAND - 4.1%
	1,681		Bachem Holding AG.		671,501
	100		Belimo Holding AG.		770,635
	2,596		Burckhardt Compression Holding AG.		896,882
	58,000		Cembra Money Bank AG.		6,301,533
	2,000		Emmi AG.		2,079,402
	98,000	g	Galenica AG.		6,473,392
	1,000		Gurit Holding AG.		2,938,818

96

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

SHARES			COMPANY	VALUE
	666		Interroll Holding AG.	$	2,192,668
	213		LEM Holding S.A.		435,629
	33,000		PSP Swiss Property AG.		4,221,976
	9,000		Sulzer AG.		969,556
	13,111		Tecan Group AG.		6,343,582
	32,435	g	VAT Group AG.		9,005,231
	25,000	*	Vetropack Holding AG.		1,653,101
	13,714		VZ Holding AG.		1,156,976
	19,000		Zehnder Group AG.		1,389,765
			TOTAL SWITZERLAND		47,500,647
TAIWAN - 5.9%
	342,000		Benq Corp		349,044
	1,491,000		Cheng Loong Corp		1,528,728
	1,300,000		Cheng Uei Precision Industry Co Ltd		2,075,321
	364,000		Chicony Power Technology Co Ltd		908,489
	332,000		Chong Hong Construction Co		935,631
	794,000		Compeq Manufacturing Co		1,200,638
	848,000		Everlight Electronics Co Ltd		1,254,622
	20,000		Ginko International Co Ltd		93,016
	258,000		Global Unichip Corp		3,628,076
	506		Hannstar Board Corp		745
	918,000		Kindom Construction Co		1,048,268
	1,343,000		King’s Town Bank		1,817,519
	686,000		KMC Kuei Meng International In		4,850,207
	765,000		Marketech International Corp		3,091,502
	600		Mercuries & Associates Holding Ltd		424
	325,000		Merida Industry Co Ltd		3,070,544
	58,000		Parade Technologies Ltd		2,486,880
	1,455,000		Radiant Opto-Electronics Corp		5,960,570
	331,000	*	Shining Building Business Co Ltd		151,152
	574,000		Simplo Technology Co Ltd		7,365,659
	143,000		Swancor Ind Co Ltd		704,456
	355,000		Systex Corp		1,062,843
	534,000		Taiwan Hon Chuan Enterprise Co Ltd		1,081,922
	224,000		Taiwan Secom Co Ltd		690,845
	393,000		Taiwan Surface Mounting Technology Co Ltd		1,740,680
	35,000	*	Tanvex BioPharma, Inc		43,649
	422,000		TCI Co Ltd		3,041,866
	275,000		Topco Scientific Co Ltd		1,161,144
	1,177,000		Tripod Technology Corp		5,381,696
	292,000		United Integrated Services Co Ltd		2,487,792
	1,414,944		USI Corp		1,014,028
	123,700		Voltronic Power Technology Corp		5,635,246
	1,936,000		Yuen Foong Yu Paper Manufacturing Co Ltd		1,616,449
			TOTAL TAIWAN		67,479,651
THAILAND - 0.0%
	678,500		SC Asset Corp PCL		61,543
			TOTAL THAILAND		61,543
TURKEY - 1.3%
	942,165		Anadolu Efes Biracilik Ve Malt Sanayii AS		3,187,612
	112,000		Coca-Cola Icecek AS		1,130,370

97

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

SHARES			COMPANY	VALUE
	88,926	*	Izmir Demir Celik Sanayi AS	$	150,210
	155,000	*	Migros Ticaret AS		935,010
	3,535,334	*	Sok Marketler Ticaret AS.		6,392,733
	76,812		Turk Traktor ve Ziraat Makineleri AS		1,842,151
	5,956,084	*	Turkiye Sinai Kalkinma Bankasi AS		1,471,057
			TOTAL TURKEY		15,109,143
UNITED ARAB EMIRATES - 0.0%
	575,171	*	DAMAC Properties Dubai Co PJSC		214,344
			TOTAL UNITED ARAB EMIRATES		214,344
UNITED KINGDOM - 12.0%
	747,830		888 Holdings plc		3,094,411
	259,869	*	AO World plc		1,106,222
	241,000		Ashmore Group plc		1,484,929
	3,361,000		Assura Group Ltd		3,328,461
	611,938	*	Avacta Group plc		1,031,290
	1,170,124	g	Avast plc		7,544,634
	16,127		Avon Rubber plc		681,671
	47,658		Bellway plc		1,792,463
	237,752		Big Yellow Group plc		3,587,667
	47,000	*	Blue Prism Group plc		1,008,159
	278,000		Brewin Dolphin Holdings plc		1,118,430
	495,846		Cairn Energy plc		1,223,218
	251,987		Civitas Social Housing plc		371,436
	185,000	g	CMC Markets plc		1,020,248
	56,000		Computacenter plc		1,792,698
	243,056	*,g	Countryside Properties plc		1,430,782
	109,520		Dechra Pharmaceuticals plc		5,398,801
	84,085	*	Dialog Semiconductor plc		5,292,990
	93,346		Diploma plc		2,949,604
	54,568	*	Draper Esprit plc		514,392
	515,728		Drax Group plc		2,639,950
	639,000		Empiric Student Property plc		641,760
	88,000		Fevertree Drinks plc		2,943,192
	152,281		Future plc		3,607,628
	39,000		Games Workshop Group plc		5,503,298
	58,861		GB Group plc		690,350
	805,000		GCP Student Living plc		1,618,418
	21,000		Genus plc		1,410,629
	149,000		Grainger plc		541,760
	612,000	*	Halfords Group plc		2,284,999
	120,537		HomeServe plc		1,718,343
	588,000		Howden Joinery Group plc		5,391,320
	186,000		IG Group Holdings plc		1,906,138
	810,000	*	Indivior plc		1,520,456
	1,621,916	*	IP Group plc		2,103,370
	118,447		Kainos Group plc		2,008,836
	91,154		Lancashire Holdings Ltd		848,216
	8,251		Marshalls plc		73,243
	336,000		Ninety One plc		1,072,405
	498,000		OSB Group plc		2,797,573
	316,326		Paragon Group of Cos plc		1,960,167
	104,339		Pennon Group plc		1,332,363

98

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

SHARES			COMPANY	VALUE
	17,419		Pets at Home Group plc	$	95,499
	419,273		Picton Property Income Ltd		473,935
	259,534		QinetiQ plc		1,065,843
	14,378		Rathbone Brothers		315,587
	1,068,678		Rightmove plc		8,747,978
	1,341,962		Rotork plc		5,951,426
	957,834	*	Royal Mail plc		5,291,507
	402,000		Safestore Holdings plc		4,451,018
	14,051		Smart Metering Systems plc		131,491
	676,990		Spirent Communications plc		2,203,323
	308,000	*	Sports Direct International plc		1,795,376
	48,954	*	Team17 Group plc		537,936
	3,270,684		Tritax Big Box REIT plc		8,236,932
	492,350		Unite Group plc		6,457,426
	527,556		Warehouse REIT plc		896,310
	65,225		Weir Group plc		1,685,153
			TOTAL UNITED KINGDOM		138,723,660
UNITED STATES - 2.1%
	30,413	*	Beyondspring Inc		369,214
	15,779	*	Burford Capital Ltd		133,641
	1,056,000		Diversified Gas & Oil plc		1,662,317
	73,355		iShares Core MSCI Emerging Markets ETF		4,682,249
	41,842		iShares MSCI Canada Index Fund		1,280,365
	206,901	e	iShares MSCI EAFE Small-Cap ETF		14,087,889
	4,159	*	Taro Pharmaceutical Industries Ltd		310,844
	57,140	*,e	UroGen Pharma Ltd		1,261,080
			TOTAL UNITED STATES		23,787,599
			TOTAL COMMON STOCKS		1,150,342,143
			(Cost $950,113,143)
RIGHTS / WARRANTS - 0.0%
INDIA - 0.0%
	39,358		L&T Finance Holdings Ltd (expires 02/15/21)		11,186
			TOTAL INDIA		11,186
KOREA, REPUBLIC OF - 0.0%
	82,743		LOTTE Reit Co Ltd (expires 03/09/21)		13,330
			TOTAL KOREA, REPUBLIC OF		13,330
			TOTAL RIGHTS / WARRANTS		24,516
			(Cost $0)

99

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

SHARES			COMPANY	RATE			VALUE
SHORT-TERM INVESTMENTS - 2.0%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.0%
	22,850,567	c	State Street Navigator Securities Lending		0.060%	$	22,850,567
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES				22,850,567
			TOTAL SHORT-TERM INVESTMENTS				22,850,567
			(Cost $22,850,567)
			TOTAL INVESTMENTS - 101.7%				1,173,217,226
			(Cost $972,963,710)
			OTHER ASSETS & LIABILITIES, NET - (1.7)%				(20,130,038	)
			NET ASSETS - 100.0%			$	1,153,087,188

	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 $33,962,155.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/21, the aggregate value of these securities is $65,167,042 or 5.7% of net assets.

100

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)

January 31, 2021

				% OF
SECTOR	VALUE			NET ASSETS
INDUSTRIALS	$	233,366,235			20.2	%
INFORMATION TECHNOLOGY		148,345,658			12.9
CONSUMER DISCRETIONARY		143,624,488			12.4
FINANCIALS		129,115,758			11.2
MATERIALS		117,367,786			10.2
REAL ESTATE		110,685,177			9.6
HEALTH CARE		94,393,836			8.2
CONSUMER STAPLES		59,082,640			5.1
COMMUNICATION SERVICES		51,682,917			4.5
UTILITIES		32,244,313			2.8
ENERGY		30,457,851			2.6
SHORT-TERM INVESTMENTS		22,850,567			2.0
OTHER ASSETS & LIABILITIES, NET		(20,130,038	)		(1.7	)
NET ASSETS	$	1,153,087,188			100.0	%

101

TIAA-CREF FUNDS - Social Choice International Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE INTERNATIONAL EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.0%
AUSTRALIA - 6.9%
	8,425		Ampol Ltd	$	167,742
	74,309		APA Group		552,511
	205,677		AusNet Services		270,751
	198,546		Australia & New Zealand Banking Group Ltd		3,574,616
	8,834		Australian Stock Exchange Ltd		482,707
	61,918		BlueScope Steel Ltd		777,376
	40,091		Brambles Ltd		322,578
	32,482		Coca-Cola Amatil Ltd		323,329
	4,415		Cochlear Ltd		663,836
	24,361		Coles Group Ltd		337,236
	100,486		Commonwealth Bank of Australia		6,380,038
	29,863		Computershare Ltd		325,947
	28,159		CSL Ltd		5,837,966
	39,866		Dexus Property Group		273,010
	123,256		Evolution Mining Ltd		440,201
	170,960		Fortescue Metals Group Ltd		2,816,006
	114,345		Goodman Group		1,538,738
	84,960		GPT Group		279,205
	71,463		Insurance Australia Group Ltd		263,419
	35,032		Lend Lease Corp Ltd		319,394
	29,451		Macquarie Group Ltd		2,937,103
	190,339		Mirvac Group		343,475
	120,833		Newcrest Mining Ltd		2,296,606
	2,654		Orica Ltd		30,807
	442,159		Origin Energy Ltd		1,589,312
	83,107		QBE Insurance Group Ltd		509,747
	10,912		QR National Ltd		30,779
	24,861		Ramsay Health Care Ltd		1,192,935
	61,244		Seek Ltd		1,304,921
	161,570		Stockland Trust Group		545,266
	53,700	*	Sydney Airport		233,343
	306,717		Transurban Group		3,090,512
	186,464		Vicinity Centres		216,968
	270,866		Westpac Banking Corp		4,342,304
	36,576		Wisetech Global Ltd		866,643
	14,624		Woodside Petroleum Ltd		271,444
			TOTAL AUSTRALIA		45,748,771
AUSTRIA - 0.5%
	23,330	*	Erste Bank der Oesterreichischen Sparkassen AG.		712,479
	36,973		OMV AG.		1,551,455
	28,764		Voestalpine AG.		1,049,811
			TOTAL AUSTRIA		3,313,745

102

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
BELGIUM - 1.0%
	21,028		KBC Groep NV	$	1,466,377
	3,149	e	Solvay S.A.		358,167
	19,737		UCB S.A.		2,043,811
	42,609		Umicore S.A.		2,413,352
			TOTAL BELGIUM		6,281,707
CHILE - 0.3%
	99,001		Antofagasta plc		1,930,754
			TOTAL CHILE		1,930,754
DENMARK - 2.5%
	3,923	*	Christian Hansen Holding		354,910
	7,347		Coloplast AS		1,096,671
	2,016	*	Genmab AS		802,659
	14,973		GN Store Nord		1,140,687
	15,526		H Lundbeck AS		552,413
	92,536		Novo Nordisk AS		6,446,815
	2,296		Novozymes AS		137,802
	16,379	g	Orsted AS		3,110,815
	4,056		Pandora AS		390,294
	798		Tryg A.S.		24,826
	10,425		Vestas Wind Systems AS		2,238,432
			TOTAL DENMARK		16,296,324
FINLAND - 0.9%
	3,543		Elisa Oyj (Series A)		210,939
	17,399		Kesko Oyj (B Shares)		451,793
	44,330		Neste Oil Oyj		3,122,630
	12,657		Orion Oyj (Class B)		580,722
	28,559		Stora Enso Oyj (R Shares)		518,279
	24,422		UPM-Kymmene Oyj		872,647
	50,005		Wartsila Oyj (B Shares)		490,156
			TOTAL FINLAND		6,247,166
FRANCE - 9.8%
	17,588		Accor S.A.		591,410
	18,929		Air Liquide		3,095,779
	14,375	g	Amundi S.A.		1,069,809
	16,314		Atos Origin S.A.		1,251,929
	131,028		AXA S.A.		2,902,840
	85,468		BNP Paribas S.A.		4,098,674
	15,655		Bouygues S.A.		614,174
	17,989		Cap Gemini S.A.		2,599,606
	64,656		Carrefour S.A.		1,096,401
	43,095		CNP Assurances		653,150
	47,834		Danone		3,180,894
	6,830		Eiffage S.A.		619,943
	25,261		Essilor International S.A.		3,573,363
	9,592		Eurazeo		671,774
	11,576		Fonciere Des Regions		950,508
	3,308		Gecina S.A.		469,981
	37,510		Getlink S.E.		578,054
	4,996		Kering		3,279,040
	48,945		Klepierre		1,173,071

103

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	15,519		Legrand S.A.	$	1,425,993
	15,874		L’Oreal S.A.		5,584,474
	9,831		Michelin (C.G.D.E.) (Class B)		1,354,784
	234,655		Natixis		883,302
	136,990		Orange S. A.		1,607,772
	32,903		Schneider Electric S.A.		4,815,704
	2,120		SEB S.A.		402,880
	134,795		Societe Generale		2,512,983
	2,559		Teleperformance		837,003
	150,280		Total S.A.		6,334,058
	26,446		Unibail-Rodamco-Westfield		2,233,086
	6,233		Unibail-Rodamco-Westfield		525,702
	41,688		Valeo S.A.		1,551,922
	45,560		Vivendi Universal S.A.		1,399,990
	5,026		Wendel		580,238
			TOTAL FRANCE		64,520,291
GERMANY - 9.1%
	8,440		Adidas-Salomon AG.		2,676,145
	25,810		Allianz AG.		5,833,293
	59,050		BASF SE		4,563,750
	38,582		Bayerische Motoren Werke AG.		3,266,693
	11,496		Beiersdorf AG.		1,254,847
	9,703		Brenntag AG.		760,066
	16,493	*,g	Delivery Hero AG.		2,505,037
	8,918		Deutsche Boerse AG.		1,431,812
	76,957		Deutsche Post AG.		3,801,295
	28,770		Deutsche Wohnen AG.		1,423,727
	22,418		HeidelbergCement AG.		1,657,121
	15,986	*	HelloFresh SE		1,349,893
	24,808		Henkel KGaA		2,319,673
	22,517		Henkel KGaA (Preference)		2,332,122
	6,128		Hochtief AG.		569,776
	3,912		LEG Immobilien AG.		560,791
	15,943		Merck KGaA		2,657,201
	10,384		MTU Aero Engines Holding AG.		2,409,437
	8,617		Muenchener Rueckver AG.		2,284,866
	5,666		Puma AG. Rudolf Dassler Sport		554,437
	58,274		SAP AG.		7,394,270
	44,587		Siemens AG.		6,908,316
	253,860		Telefonica Deutschland Holding AG.		695,688
	9,784	*,g	Zalando SE		1,121,843
			TOTAL GERMANY		60,332,099
HONG KONG - 3.4%
	77,000		ASM Pacific Technology		1,118,146
	792,517		BOC Hong Kong Holdings Ltd		2,363,288
	265,500		CLP Holdings Ltd		2,491,601
	139,281		Hang Seng Bank Ltd		2,511,845
	1,812,039		Hong Kong & China Gas Ltd		2,602,514
	80,038		Hong Kong Exchanges and Clearing Ltd		5,117,002
	287,430		Link REIT		2,493,527
	387,731		MTR Corp		2,250,116
	124,968		Swire Pacific Ltd (Class A)		780,997

104

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	293,800		Swire Properties Ltd	$	851,616
			TOTAL HONG KONG		22,580,652
IRELAND - 0.8%
	71,458		CRH plc		2,932,265
	20,090		Kerry Group plc (Class A)		2,726,353
			TOTAL IRELAND		5,658,618
ISRAEL - 0.3%
	285,075	*	Bank Hapoalim Ltd		2,006,110
			TOTAL ISRAEL		2,006,110
ITALY - 2.2%
	16,236		Amplifon S.p.A.		643,572
	93,459		Assicurazioni Generali S.p.A.		1,595,048
	532,290		Enel S.p.A.		5,279,245
	295,534		ENI S.p.A.		2,985,121
	1,568,518		Intesa Sanpaolo S.p.A.		3,419,534
			TOTAL ITALY		13,922,520
JAPAN - 25.3%
	52,900		Aeon Co Ltd		1,657,291
	60,200		Ajinomoto Co, Inc		1,423,498
	37,037		Alfresa Holdings Corp		738,331
	22,714		All Nippon Airways Co Ltd		483,033
	121,000		Asahi Kasei Corp		1,345,497
	164,600		Astellas Pharma, Inc		2,671,793
	2,000		Capcom Co Ltd		125,478
	2,900	*	Casio Computer Co Ltd		51,234
	20,081		Central Japan Railway Co		2,875,441
	10,700		Century Leasing System, Inc		868,572
	64,865		Chugai Pharmaceutical Co Ltd		3,394,329
	8,427		Dai Nippon Printing Co Ltd		145,258
	6,800		Daifuku Co Ltd		776,067
	127,900		Daiichi Sankyo Co Ltd		4,117,231
	12,575		Daikin Industries Ltd		2,654,989
	44,349		Daiwa House Industry Co Ltd		1,257,331
	52,159		Denso Corp		2,899,263
	34,332		East Japan Railway Co		2,264,612
	36,648		Eisai Co Ltd		2,674,697
	1,900	e	Fast Retailing Co Ltd		1,633,092
	19,472		Fujitsu Ltd		2,971,423
	10,616		Hankyu Hanshin Holdings, Inc		343,481
	30,911	*	Hino Motors Ltd		266,427
	23,400	*	Hitachi Construction Machinery Co Ltd		682,098
	24,563		Hitachi Metals Ltd		391,895
	140,661		Honda Motor Co Ltd		3,714,390
	70,141		Hulic Co Ltd		793,016
	9,500		Ibiden Co Ltd		440,832
	178,250		Inpex Holdings, Inc		1,031,808
	15		Japan Retail Fund Investment Corp		28,463
	50,600		Kajima Corp		677,969
	2,900		Kansai Paint Co Ltd		85,362
	30,100		Kao Corp		2,183,958

105

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	115,596		KDDI Corp	$	3,397,682
	1,500		Keio Corp		109,778
	11,246		Keyence Corp		6,037,764
	24,200		Kikkoman Corp		1,707,621
	3,165		Kintetsu Corp		133,211
	3,200		Kobayashi Pharmaceutical Co Ltd		360,349
	25,600		Kobe Bussan Co Ltd		709,117
	69,200		Komatsu Ltd		1,896,045
	4,700		Kose Corp		755,378
	71,272		Kubota Corp		1,565,928
	5,300		Kuraray Co Ltd		56,781
	19,500		Kyowa Hakko Kogyo Co Ltd		578,001
	2,400		Kyushu Railway Co		50,402
	3,200	e	Lawson, Inc		155,417
	12,000		Lion Corp		274,271
	1,600		Marui Co Ltd		28,674
	15,100		MEIJI Holdings Co Ltd		1,030,725
	114,879		Mitsubishi Chemical Holdings Corp		785,764
	128,079		Mitsubishi Corp		3,244,511
	63,526		Mitsubishi Estate Co Ltd		1,004,980
	89,800		Mitsubishi UFJ Lease & Finance Co Ltd		439,408
	3,900		Mitsui Chemicals, Inc		111,753
	93,500		Mitsui Fudosan Co Ltd		1,897,829
	17,600		Mitsui Sumitomo Insurance Group Holdings, Inc		506,376
	4,500		Miura Co Ltd		256,214
	38,700		Murata Manufacturing Co Ltd		3,717,059
	4,500		Nabtesco Corp		201,861
	37,601		NEC Corp		2,045,825
	5,600		NGK Insulators Ltd		98,070
	5,900		NGK Spark Plug Co Ltd		110,059
	7,404		Nintendo Co Ltd		4,262,003
	4,000		Nippon Express Co Ltd		271,766
	21,700		Nippon Paint Co Ltd		1,951,368
	196,154	*	Nippon Steel Corp		2,265,893
	21,400		Nippon Yusen Kabushiki Kaisha		492,921
	5,313		Nissin Food Products Co Ltd		459,224
	1,562		Nitori Co Ltd		309,999
	17,700		Nitto Denko Corp		1,604,372
	19,800		NKSJ Holdings, Inc		790,660
	21,100		Nomura Real Estate Holdings, Inc		471,287
	166		Nomura Real Estate Master Fund, Inc		252,747
	63,300		Nomura Research Institute Ltd		2,132,221
	12,285		Obayashi Corp		102,902
	2,121		Odakyu Electric Railway Co Ltd		61,652
	12,600		Omron Corp		1,116,317
	71,200		Ono Pharmaceutical Co Ltd		2,125,256
	13,082		Oriental Land Co Ltd		2,047,482
	92,900		Osaka Gas Co Ltd		1,717,971
	8,000		Otsuka Corp		402,808
	168,606		Panasonic Corp		2,188,882
	209,870	*	Rakuten, Inc		2,065,689
	68,929		Recruit Holdings Co Ltd		2,998,232
	288,800		Resona Holdings, Inc		1,002,532
	52,100		Santen Pharmaceutical Co Ltd		861,673

106

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	11,001		Secom Co Ltd	$	996,790
	6,224		Sekisui Chemical Co Ltd		112,257
	17,563	e	Sekisui House Ltd		339,325
	74,200		SG Holdings Co Ltd		1,901,944
	52,808	*,e	Sharp Corp		1,096,922
	14,000		Shimadzu Corp		535,237
	13,068		Shimizu Corp		92,054
	21,300		Shin-Etsu Chemical Co Ltd		3,707,875
	28,100		Shionogi & Co Ltd		1,525,549
	31,200		Shiseido Co Ltd		2,025,488
	258,900	e	Softbank Corp		3,401,029
	400		Sohgo Security Services Co Ltd		19,683
	68,915		Sony Corp		6,596,035
	25,714		Stanley Electric Co Ltd		804,399
	6,700		Sumisho Computer Systems Corp		372,639
	253,100		Sumitomo Chemical Co Ltd		1,191,441
	43,408		Sumitomo Dainippon Pharma Co Ltd		705,646
	51,871		Sumitomo Metal Mining Co Ltd		2,249,025
	69,500		Sumitomo Mitsui Trust Holdings, Inc		2,079,284
	33,900		Suntory Beverage & Food Ltd		1,184,204
	14,500		Sysmex Corp		1,691,603
	7,700		T&D Holdings, Inc		89,734
	6,600		TDK Corp		1,067,166
	2,900		Teijin Ltd		53,054
	2,200		Toho Gas Co Ltd		129,329
	30,126		Tokio Marine Holdings, Inc		1,479,815
	10,800		Tokyo Electron Ltd		4,106,731
	38,100		Tokyo Gas Co Ltd		834,874
	8,300		Tokyu Corp		97,593
	29,700		Toray Industries, Inc		193,784
	1,824		Toto Ltd		101,024
	6,000		Toyo Suisan Kaisha Ltd		295,286
	115,895		Toyota Motor Corp		8,128,391
	54,700		Uni-Charm Corp		2,453,264
	4,169		USS Co Ltd		82,094
	10,100	e	Welcia Holdings Co Ltd		342,173
	4,200		West Japan Railway Co		223,906
	18,800		Yakult Honsha Co Ltd		960,245
	13,800		Yamada Denki Co Ltd		70,350
	2,470		Yamaha Corp		139,200
	13,086	e	Yaskawa Electric Corp		671,160
	15,598		Yokogawa Electric Corp		337,203
			TOTAL JAPAN		167,375,674
NETHERLANDS - 3.5%
	414,114		Aegon NV		1,717,024
	7,504		Akzo Nobel NV		763,903
	21,327		ASML Holding NV		11,385,499
	10,464		DSM NV		1,829,245
	117,774		Koninklijke KPN NV		367,926
	4,972		Koninklijke Vopak NV		251,646
	26,410		NN Group NV		1,100,016
	36,536		Prosus NV		4,268,531
	6,780		Randstad Holdings NV		423,599

107

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
	10,753		Wolters Kluwer NV	$	893,469
			TOTAL NETHERLANDS		23,000,858
NEW ZEALAND - 0.6%
	41,348		Auckland International Airport Ltd		219,967
	72,699		Fisher & Paykel Healthcare Corp		1,801,748
	50,211		Mercury NZ Ltd		256,066
	90,355		Meridian Energy Ltd		461,202
	79,890		Ryman Healthcare Ltd		887,500
	46,473		Telecom Corp of New Zealand Ltd		159,558
	3,870	*	Xero Ltd		381,770
			TOTAL NEW ZEALAND		4,167,811
NORWAY - 1.1%
	146,038		Equinor ASA		2,617,174
	35,027		Mowi ASA		777,169
	337,630		Norsk Hydro ASA		1,491,039
	118,885		Orkla ASA		1,155,642
	77,234		Telenor ASA		1,274,083
			TOTAL NORWAY		7,315,107
PORTUGAL - 0.4%
	185,603		Energias de Portugal S.A.		1,164,933
	125,843		Galp Energia SGPS S.A.		1,263,103
	2,279		Jeronimo Martins SGPS S.A.		37,268
			TOTAL PORTUGAL		2,465,304
SINGAPORE - 1.5%
	604,508		CapitaLand Ltd		1,453,027
	77,468		CapitaMall Trust		123,767
	49,700		City Developments Ltd		268,449
	162,891		DBS Group Holdings Ltd		3,071,676
	135,800		Keppel Corp Ltd		510,423
	332,095	*	Singapore Airlines Ltd		1,024,380
	36,200		Singapore Exchange Ltd		268,931
	367,500		Singapore Technologies Engineering Ltd		1,024,622
	814,525		Singapore Telecommunications Ltd		1,442,968
	74,300		UOL Group Ltd		407,869
			TOTAL SINGAPORE		9,596,112
SPAIN - 2.6%
	49,025		Amadeus IT Holding S.A.		3,129,914
	687,864		Banco Bilbao Vizcaya Argentaria S.A.		3,138,526
	686,840		CaixaBank S.A.		1,733,237
	4,354	*	Iberdrola S.A.		58,946
	304,763		Iberdrola S.A.		4,126,242
	43,174		Industria De Diseno Textil S.A.		1,280,463
	38,329		Naturgy Energy Group S.A.		990,224
	10,991		Red Electrica Corp S.A.		208,696
	262,292		Repsol YPF S.A.		2,576,677
			TOTAL SPAIN		17,242,925

108

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	VALUE
SWEDEN - 3.7%
	44,719		Assa Abloy AB	$	1,105,980
	47,291		Atlas Copco AB (A Shares)		2,565,694
	48,519		Atlas Copco AB (B Shares)		2,271,661
	67,876		Boliden AB		2,224,080
	10,733	e	Electrolux AB (Series B)		262,216
	66,096		Essity AB		2,111,160
	23,325		Hennes & Mauritz AB (B Shares)		498,674
	9,086		Husqvarna AB (B Shares)		112,417
	2,585		ICA Gruppen AB		129,572
	35,585		Kinnevik AB		1,745,778
	15,109		Lundin Petroleum AB		410,406
	120,655		Sandvik AB		3,004,925
	104,972		Skandinaviska Enskilda Banken AB (Class A)		1,142,041
	19,911		Skanska AB (B Shares)		514,501
	11,637		SKF AB (B Shares)		318,500
	33,890		Svenska Cellulosa AB (B Shares)		596,968
	126,071		Svenska Handelsbanken AB		1,256,801
	33,046		Tele2 AB (B Shares)		456,062
	72,073		TeliaSonera AB		315,845
	135,213		Volvo AB (B Shares)		3,331,463
			TOTAL SWEDEN		24,374,744
SWITZERLAND - 9.1%
	7,035		Adecco S.A.		439,443
	46,851		Alcon, Inc		3,362,373
	736		Barry Callebaut AG.		1,632,212
	9,228		Clariant AG.		196,058
	43,406		Coca-Cola HBC AG.		1,281,459
	544		Givaudan S.A.		2,191,652
	5,617		Kuehne & Nagel International AG.		1,278,182
	6,018		Lonza Group AG.		3,843,693
	137,393		Nestle S.A.		15,401,285
	34,788		Roche Holding AG.		12,005,748
	411		SGS S.A.		1,246,561
	9,317		Sika AG.		2,535,265
	8,165	*	Sonova Holdings AG		1,969,717
	32,245		Swiss Re Ltd		2,842,775
	2,365		Swisscom AG.		1,287,219
	285,001		UBS Group AG		4,107,955
	10,563		Zurich Insurance Group AG		4,223,579
			TOTAL SWITZERLAND		59,845,176
UNITED KINGDOM - 13.1%
	155,969		3i Group plc		2,363,479
	59,128		Ashtead Group plc		2,967,448
	79,742	*	Associated British Foods plc		2,303,427
	54,245		AstraZeneca plc		5,533,594
	38,045	e	AstraZeneca plc (ADR)		1,925,077
	577,881		Aviva plc		2,643,275
	81,561		Barratt Developments plc		710,309
	14,140		Berkeley Group Holdings plc		808,656
	149,216		British Land Co plc		912,492
	1,446,096	*	BT Group plc		2,479,580
	27,810	*	Burberry Group plc		651,776

109

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY					VALUE
	193,877		CNH Industrial NV					$	2,470,460
	49,682		Coca-Cola European Partners plc (Class A)						2,308,723
	178,058	*	Compass Group plc						3,180,609
	23,245		Croda International plc						1,997,178
	7,785		DCC plc						585,662
	310,872		GlaxoSmithKline plc						5,773,296
	327,326		Informa plc						2,227,238
	35,926		InterContinental Hotels Group plc						2,213,300
	22,639		Intertek Group plc						1,705,016
	303,469		J Sainsbury plc						1,013,498
	101,356	*	JD Sports Fashion plc						1,031,754
	16,714		Johnson Matthey plc						672,391
	190,476	*	Kingfisher plc						723,084
	803,459		Legal & General Group plc						2,672,193
	27,477		London Stock Exchange Group plc						3,261,933
	84,431		Mondi plc						1,988,342
	8,732		Next plc						921,870
	72,776	*	Ocado Ltd						2,762,635
	139,559		RELX plc						3,455,268
	24,506		Schroders plc						1,142,800
	137,508		Scottish & Southern Energy plc						2,785,489
	150,231		Segro plc						1,955,177
	77,415		St. James’s Place plc						1,238,948
	422,619		Standard Chartered plc						2,557,138
	358,403		Standard Life Aberdeen plc						1,475,423
	340,120		Taylor Wimpey plc						678,817
	1,003,925		Tesco plc						3,285,242
	1,633,680		Vodafone Group plc						2,789,914
	58,769		Vodafone Group plc (ADR)						1,007,888
	17,032	*	Whitbread plc						647,268
	458,465		WM Morrison Supermarkets plc						1,124,337
	126,408		WPP plc						1,320,916
			TOTAL UNITED KINGDOM						86,272,920
UNITED STATES - 0.4%
	23,651		Ferguson plc						2,746,089
			TOTAL UNITED STATES						2,746,089
			TOTAL COMMON STOCKS						653,241,477
			(Cost $560,579,334)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 3.5%
GOVERNMENT AGENCY DEBT - 1.6%
$	10,801,000		Federal Home Loan Bank (FHLB)		0.060	%	02/17/21		10,800,808
			TOTAL GOVERNMENT AGENCY DEBT						10,800,808
REPURCHASE AGREEMENT - 1.2%
	7,810,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		7,810,000
			TOTAL REPURCHASE AGREEMENT						7,810,000

110

TIAA-CREF FUNDS - Social Choice International Equity Fund

SHARES			COMPANY	RATE			VALUE
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.7%
	4,888,798	c	State Street Navigator Securities Lending		0.060	%	$	4,888,798
			Government Money Market Portfolio
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					4,888,798
			TOTAL SHORT-TERM INVESTMENTS					23,499,606
			(Cost $23,499,509)
			TOTAL INVESTMENTS - 102.5%					676,741,083
			(Cost $584,078,843)
			OTHER ASSETS & LIABILITIES, NET - (2.5)%					(16,642,372	)
			NET ASSETS - 100.0%				$	660,098,711
			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.
		e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $9,660,560.
		g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/21, the aggregate value of these securities is $7,807,504 or 1.2% of net assets.
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $7,810,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $7,966,293.

Futures contracts outstanding as of January 31, 2021 were as follows:
Description	Number of long (short) contracts	Expiration date		Notional amount		Value		Unrealized appreciation (depreciation)
MSCI EAFE Index	48	03/19/21	$	5,144,166	$	5,077,200	$	(66,966	)

111

TIAA-CREF FUNDS - Social Choice International Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE INTERNATIONAL EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

				% OF
SECTOR	VALUE			NET ASSETS
FINANCIALS	$	111,589,091			16.9	%
INDUSTRIALS		92,856,013			14.1
HEALTH CARE		81,846,143			12.4
CONSUMER DISCRETIONARY		75,787,857			11.5
CONSUMER STAPLES		70,145,625			10.6
MATERIALS		58,725,618			8.9
INFORMATION TECHNOLOGY		53,736,950			8.1
COMMUNICATION SERVICES		31,534,699			4.8
UTILITIES		27,041,409			4.1
REAL ESTATE		25,805,496			3.9
ENERGY		24,172,576			3.7
SHORT-TERM INVESTMENTS		23,499,606			3.5
OTHER ASSETS & LIABILITIES, NET		(16,642,372	)		(2.5	)
NET ASSETS	$	660,098,711			100.0	%

112

TIAA-CREF FUNDS - Equity Index Fund

TIAA-CREF FUNDS

EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.3%
AUTOMOBILES & COMPONENTS - 2.2%
	70,753	*	Adient plc	$	2,284,614
	92,921	*	American Axle & Manufacturing Holdings, Inc		818,634
	215,083		Aptiv plc		28,735,089
	194,421		BorgWarner, Inc		8,163,738
	40,763		Cooper Tire & Rubber Co		1,498,040
	12,914	*	Cooper-Standard Holding, Inc		394,006
	117,047		Dana Inc		2,266,030
	21,356	*	Dorman Products, Inc		1,939,766
	3,096,495	*	Ford Motor Co		32,606,092
	32,830	*	Fox Factory Holding Corp		3,927,781
	996,755		General Motors Co		50,515,543
	193,948		Gentex Corp		6,409,981
	26,801	*	Gentherm, Inc		1,641,829
	187,525	*	Goodyear Tire & Rubber Co		1,978,389
	123,184		Harley-Davidson, Inc		4,938,447
	19,326		LCI Industries, Inc		2,500,398
	48,110		Lear Corp		7,253,064
	29,900	*	Modine Manufacturing Co		375,245
	12,624	*	Motorcar Parts of America, Inc		285,681
	18,099		Patrick Industries, Inc		1,249,917
	16,977		Standard Motor Products, Inc		666,008
	21,060	*	Stoneridge, Inc		578,097
	42,121	*	Tenneco, Inc		425,422
	606,271	*	Tesla, Inc		481,094,227
	43,606		Thor Industries, Inc		5,276,762
	22,736	*	Visteon Corp		2,898,385
	23,336		Winnebago Industries, Inc		1,611,584
	73,958	*,e	Workhorse Group, Inc		2,538,239
	13,695	*	XPEL, Inc		657,497
			TOTAL AUTOMOBILES & COMPONENTS		655,528,505
BANKS - 4.1%
	322		1st Constitution Bancorp		4,968
	18,937		1st Source Corp		745,171
	3,172		ACNB Corp		79,459
	15,639		Allegiance Bancshares, Inc		550,180
	6,491		Altabancorp		209,075
	479		Amalgamated Bank		7,022
	14,443	*	Amerant Bancorp Inc		205,957
	4,767		American National Bankshares, Inc		133,238
	49,763		Ameris Bancorp		1,946,231
	3,679		Ames National Corp		82,814
	7,204		Arrow Financial Corp		211,798
	124,921		Associated Banc-Corp		2,241,083
	17,088	*	Atlantic Capital Bancshares, Inc		305,704
	68,491		Atlantic Union Bankshares Corp		2,249,244

113

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	47,483	*	Axos Financial, Inc	$	1,849,463
	43,775		Banc of California, Inc		737,609
	15,677		Bancfirst Corp		903,466
	83,646		BancorpSouth Bank		2,312,812
	4,356		Bank First Corp		287,583
	6,186,001		Bank of America Corp		183,414,930
	9,389		Bank of Commerce Holdings		95,111
	32,503	e	Bank of Hawaii Corp		2,541,410
	7,005		Bank of Marin Bancorp		260,166
	42,377		Bank of NT Butterfield & Son Ltd		1,288,685
	162		Bank of Princeton		3,778
	97,166		Bank OZK		3,610,689
	107		Bank7 Corp		1,711
	7,624		BankFinancial Corp		64,652
	75,651		BankUnited		2,621,307
	2,718		Bankwell Financial Group, Inc		52,865
	28,715		Banner Corp		1,270,064
	13,685		Bar Harbor Bankshares		294,364
	21,947	*	Baycom Corp		322,621
	5,794		BCB Bancorp, Inc		66,515
	36,773		Berkshire Hills Bancorp, Inc		609,696
	25,956		BOK Financial Corp		1,917,110
	67,201		Boston Private Financial Holdings, Inc		819,180
	865	*	Bridgewater Bancshares, Inc		11,107
	63,833		Brookline Bancorp, Inc		803,657
	22,997		Bryn Mawr Bank Corp		714,747
	6,258		Business First Bancshares, Inc		127,037
	35,278		Byline Bancorp, Inc		566,917
	1,625		C&F Financial Corp		63,976
	98,378		Cadence BanCorp		1,762,934
	2,396		Cambridge Bancorp		176,106
	11,832		Camden National Corp		444,292
	197	*	Capital Bancorp, Inc		2,904
	4,674		Capital City Bank Group, Inc		104,370
	112,924		Capitol Federal Financial		1,402,516
	22,415		Capstar Financial Holdings, Inc		325,017
	17,003		Carter Bankshares, Inc		170,200
	65,605		Cathay General Bancorp		2,218,761
	11,748		CBTX, Inc		309,207
	17,070		Central Pacific Financial Corp		339,352
	5,936		Central Valley Community Bancorp		90,821
	1,697		Century Bancorp, Inc		134,402
	1,519		Chemung Financial Corp		50,826
	81,947		CIT Group, Inc		3,023,844
	1,662,592		Citigroup, Inc		96,413,710
	5,365		Citizens & Northern Corp		102,525
	339,940		Citizens Financial Group, Inc		12,387,414
	14,149		City Holding Co		976,988
	5,944		Civista Bancshares, Inc		101,345
	8,389		CNB Financial Corp		176,421
	318	*	Coastal Financial Corp		6,296
	4,675		Codorus Valley Bancorp, Inc		73,865
	254		Colony Bankcorp Inc		3,518
	56,423		Columbia Banking System, Inc		2,173,414
	39,166	*	Columbia Financial, Inc		603,940
	110,106		Comerica, Inc		6,298,063

114

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	83,939		Commerce Bancshares, Inc	$	5,611,322
	42,784		Community Bank System, Inc		2,774,542
	12,286		Community Bankers Trust Corp		88,705
	2,291		Community Financial Corp		54,526
	14,988		Community Trust Bancorp, Inc		546,462
	41,896		ConnectOne Bancorp, Inc		890,290
	34,327	*	CrossFirst Bankshares, Inc		394,760
	45,178		Cullen/Frost Bankers, Inc		4,167,219
	30,365	*	Customers Bancorp, Inc		674,710
	103,715		CVB Financial Corp		2,015,182
	25,699		Dime Community Bancshares		408,614
	14,216	*	Dime Community Bancshares, Inc		347,297
	29,798		Eagle Bancorp, Inc		1,266,117
	113,587		East West Bancorp, Inc		6,808,405
	125,013	*	Eastern Bankshares, Inc		1,992,707
	5,411		Enterprise Bancorp, Inc		137,115
	21,373		Enterprise Financial Services Corp		754,681
	11,884	*	Equity Bancshares, Inc		262,399
	252	*	Esquire Financial Holdings, Inc		5,564
	4,168		ESSA Bancorp, Inc		59,519
	88,433		Essent Group Ltd		3,699,152
	2,542		Evans Bancorp, Inc		75,548
	5,387		Farmers & Merchants Bancorp, Inc		123,362
	12,585		Farmers National Banc Corp		167,632
	28,667		FB Financial Corp		1,070,999
	7,299		Federal Agricultural Mortgage Corp (FAMC)		554,724
	111		Fidelity D&D Bancorp, Inc		5,462
	571,002		Fifth Third Bancorp		16,519,088
	9,344		Financial Institutions, Inc		213,884
	31,164		First Bancorp (NC)		1,061,446
	168,835		First Bancorp (Puerto Rico)		1,536,399
	15,845		First Bancorp, Inc		380,755
	15,729		First Bancshares, Inc		470,926
	607		First Bank		5,493
	41,049		First Busey Corp		848,483
	3,440		First Business Financial Services, Inc		66,254
	2,779	e	First Capital Inc		133,364
	357		First Choice Bancorp		7,019
	5,120		First Citizens Bancshares, Inc (Class A)		3,051,469
	90,917		First Commonwealth Financial Corp		1,066,456
	14,950		First Community Bancshares, Inc		320,827
	78,777		First Financial Bancorp		1,443,195
	105,506		First Financial Bankshares, Inc		3,996,567
	16,504		First Financial Corp		633,589
	44,505		First Foundation, Inc		901,671
	2,629		First Guaranty Bancshares, Inc		42,064
	110,210		First Hawaiian, Inc		2,562,383
	431,962		First Horizon National Corp		5,999,952
	3,000		First Internet Bancorp		91,860
	35,990		First Interstate Bancsystem, Inc		1,391,373
	45,398		First Merchants Corp		1,710,143
	5,811		First Mid-Illinois Bancshares, Inc		196,819
	90,274		First Midwest Bancorp, Inc		1,492,229
	5,115		First Northwest Bancorp		70,076
	13,348		First of Long Island Corp		223,312
	137,042		First Republic Bank		19,869,720

115

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	36,060		Flagstar Bancorp, Inc	$	1,545,171
	23,653		Flushing Financial Corp		432,377
	253,884		FNB Corp		2,503,296
	581		FNCB Bancorp Inc		3,556
	143		Franklin Financial Services Corp		3,862
	136		FS Bancorp, Inc		7,292
	130,495		Fulton Financial Corp		1,748,633
	413	*	FVCBankcorp, Inc		6,373
	20,622		German American Bancorp, Inc		697,642
	77,098		Glacier Bancorp, Inc		3,596,622
	11,044		Great Southern Bancorp, Inc		543,033
	48,471		Great Western Bancorp, Inc		1,163,304
	1,634		Greene County Bancorp, Inc		38,758
	4,754		Guaranty Bancshares, Inc		158,689
	67,800		Hancock Whitney Corp		2,314,692
	30,987		Hanmi Financial Corp		428,240
	42,190		HarborOne Northeast Bancorp, Inc		458,183
	200		Hawthorn Bancshares Inc		3,672
	7,463		HBT Financial, Inc		111,423
	32,636		Heartland Financial USA, Inc		1,392,252
	59,301		Heritage Commerce Corp		520,663
	30,142		Heritage Financial Corp		711,351
	60,638		Hilltop Holdings, Inc		1,821,566
	714		Hingham Institution for Savings		156,552
	2,987		Home Bancorp, Inc		84,114
	127,154		Home Bancshares, Inc		2,695,665
	16,139		HomeStreet, Inc		587,460
	8,764		HomeTrust Bancshares, Inc		184,044
	113,788		Hope Bancorp, Inc		1,272,150
	40,241		Horizon Bancorp		637,015
	4,974	*	Howard Bancorp, Inc		60,185
	807,265		Huntington Bancshares, Inc		10,676,080
	28,161		Independent Bank Corp (MA)		2,114,328
	17,048		Independent Bank Corp (MI)		313,001
	29,379		Independent Bank Group, Inc		1,804,458
	45,831		International Bancshares Corp		1,732,870
	4,463		Investar Holding Corp		71,988
	186,914		Investors Bancorp, Inc		2,151,380
	2,428,932		JPMorgan Chase & Co		312,530,680
	66,278		Kearny Financial Corp		685,977
	777,842		Keycorp		13,114,416
	46,893		Lakeland Bancorp, Inc		614,767
	21,052		Lakeland Financial Corp		1,235,752
	4,763		LCNB Corp		73,255
	159		Level One Bancorp, Inc		3,315
	22,224		Live Oak Bancshares, Inc		886,293
	650		Luther Burbank Corp		6,364
	103,027		M&T Bank Corp		13,647,987
	13,130		Macatawa Bank Corp		108,979
	315		Mackinac Financial Corp		3,944
	243	*	MainStreet Bancshares Inc		4,150
	9,493		Mercantile Bank Corp		257,735
	9,883		Merchants Bancorp		294,711
	34,432		Meridian Bancorp, Inc		521,645
	31,307		Meta Financial Group, Inc		1,209,389
	575		Metrocity Bankshares, Inc		8,188

116

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	9,222	*	Metropolitan Bank Holding Corp	$	365,745
	276,247		MGIC Investment Corp		3,237,615
	234		Mid Penn Bancorp, Inc		5,092
	17,136		Midland States Bancorp, Inc		315,131
	6,314		MidWestOne Financial Group, Inc		155,261
	166	*	MMA Capital Holdings Inc		3,931
	62,364	*	Mr Cooper Group, Inc		1,698,172
	338		MVB Financial Corp		7,575
	30,919		National Bank Holdings Corp		1,028,675
	2,956		National Bankshares, Inc		91,636
	37,070		NBT Bancorp, Inc		1,223,681
	360,096		New York Community Bancorp, Inc		3,766,604
	7,733	*	Nicolet Bankshares, Inc		524,220
	64,429	*	NMI Holdings, Inc		1,366,539
	4,268		Northeast Bank		111,224
	34,833		Northfield Bancorp, Inc		430,536
	3,437		Northrim BanCorp, Inc		110,396
	93,361		Northwest Bancshares, Inc		1,190,353
	3,515		Norwood Financial Corp		86,750
	194		Oak Valley Bancorp		3,017
	55,487		OceanFirst Financial Corp		1,007,644
	40,803		OFG Bancorp		700,996
	2,468		Ohio Valley Banc Corp		53,037
	131,964		Old National Bancorp		2,215,676
	16,270		Old Second Bancorp, Inc		159,771
	521		OP Bancorp		3,954
	10,200		Origin Bancorp, Inc		322,218
	3,740		Orrstown Financial Services, Inc		64,739
	68,985		Pacific Premier Bancorp, Inc		2,293,751
	94,181		PacWest Bancorp		2,843,324
	12,331		Park National Corp		1,331,871
	4,176		Parke Bancorp, Inc		72,328
	451		PCB Bancorp		5,340
	10,634		PCSB Financial Corp		156,692
	369	*	PDL Community Bancorp		3,476
	10,924		Peapack Gladstone Financial Corp		256,932
	3,034		Penns Woods Bancorp, Inc		65,352
	32,390		PennyMac Financial Services, Inc		1,878,620
	2,557		Peoples Bancorp of North Carolina, Inc		51,396
	8,281		Peoples Bancorp, Inc		252,571
	8,670		Peoples Financial Services Corp		312,293
	334,040		People’s United Financial, Inc		4,562,986
	60,502		Pinnacle Financial Partners, Inc		4,146,202
	398	*	Pioneer Bancorp, Inc		4,159
	340,282		PNC Financial Services Group, Inc		48,837,273
	66,236		Popular, Inc		3,758,893
	12,981		Preferred Bank		626,852
	5,869		Premier Financial Bancorp, Inc		90,207
	30,446		Premier Financial Corp		845,181
	129	*	Professional Holding Corp		1,931
	72,129		Prosperity Bancshares, Inc		4,864,380
	5,101		Provident Bancorp Inc		58,815
	201		Provident Financial Holdings, Inc		3,226
	62,251		Provident Financial Services, Inc		1,152,889
	4,776		Prudential Bancorp, Inc		56,405
	11,320		QCR Holdings, Inc		438,990

117

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	156,925		Radian Group, Inc	$	3,012,960
	8,732		RBB Bancorp		144,951
	4,818		Red River Bancshares Inc		224,422
	770,452		Regions Financial Corp		13,105,389
	15,596		Reliant Bancorp Inc		320,498
	45,940		Renasant Corp		1,626,276
	4,408		Republic Bancorp, Inc (Class A)		159,085
	30,260	*	Republic First Bancorp, Inc		84,728
	18,363		Richmond Mutual Bancorporation, Inc		232,476
	10,846		Riverview Bancorp, Inc		56,508
	87,686	*,e	Rocket Cos, Inc		1,872,973
	35,276		S&T Bancorp, Inc		896,010
	36,981		Sandy Spring Bancorp, Inc		1,228,879
	41,676	*	Seacoast Banking Corp of Florida		1,269,034
	477	*	Select Bancorp, Inc		4,503
	40,685		ServisFirst Bancshares, Inc		1,671,340
	6,930		Shore Bancshares, Inc		91,823
	5,427		Sierra Bancorp		118,688
	40,832		Signature Bank		6,745,038
	15,308	*	Silvergate Capital Corp		1,424,562
	87,270		Simmons First National Corp (Class A)		2,155,569
	17,120		SmartFinancial, Inc		338,976
	366		South Plains Financial Inc		6,895
	55,258		South State Corp		3,853,693
	2,839	*	Southern First Bancshares, Inc		113,844
	11,382		Southern Missouri Bancorp, Inc		348,858
	5,879		Southern National Bancorp of Virginia, Inc		70,960
	25,943		Southside Bancshares, Inc		813,832
	493		Spirit of Texas Bancshares, Inc		8,844
	158,051		Sterling Bancorp		2,917,621
	639		Sterling Bancorp, Inc		2,991
	18,658		Stock Yards Bancorp, Inc		843,342
	6,059		Summit Financial Group, Inc		125,421
	41,568	*	SVB Financial Group		18,197,639
	117,893		Synovus Financial Corp		4,385,620
	124,754		TCF Financial Corp		4,847,940
	3,886		Territorial Bancorp, Inc		92,720
	41,300	*	Texas Capital Bancshares, Inc		2,487,086
	44,702		TFS Financial Corp		789,884
	46,628	*	The Bancorp, Inc		781,952
	3,722		Timberland Bancorp, Inc		93,981
	11,859		Tompkins Financial Corp		793,011
	61,577		Towne Bank		1,428,586
	27,950		Trico Bancshares		1,042,535
	22,891	*	Tristate Capital Holdings, Inc		420,050
	18,829	*	Triumph Bancorp, Inc		1,079,655
	1,079,365		Truist Financial Corp		51,787,933
	107,980		Trustco Bank Corp NY		671,636
	57,612		Trustmark Corp		1,582,602
	35,576		UMB Financial Corp		2,524,829
	180,979		Umpqua Holdings Corp		2,626,005
	100,972		United Bankshares, Inc		3,196,774
	62,080		United Community Banks, Inc		1,851,846
	7,421		United Security Bancshares		50,685
	4,323		Unity Bancorp, Inc		81,272
	15,084		Univest Financial Corp		338,636

118

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,092,126		US Bancorp	$	46,797,599
	327,497		Valley National Bancorp		3,343,744
	48,346		Veritex Holdings, Inc		1,235,724
	23,174		Walker & Dunlop, Inc		1,907,684
	66,939		Washington Federal, Inc		1,752,463
	18,629		Washington Trust Bancorp, Inc		811,852
	20,736		Waterstone Financial, Inc		382,994
	70,482		Webster Financial Corp		3,295,034
	2,991,240		Wells Fargo & Co		89,378,251
	54,942		WesBanco, Inc		1,593,318
	8,913		West Bancorporation, Inc		183,608
	21,735		Westamerica Bancorporation		1,213,248
	80,154		Western Alliance Bancorp		5,464,900
	15,237		Western New England Bancorp, Inc		97,669
	42,913		Wintrust Financial Corp		2,582,933
	48,216		WSFS Financial Corp		2,071,842
	127,165		Zions Bancorporation		5,613,063
			TOTAL BANKS		1,251,693,856
CAPITAL GOODS - 6.0%
	449,199		3M Co		78,906,296
	106,809		A.O. Smith Corp		5,799,729
	32,704	e	Aaon, Inc		2,420,096
	25,227		AAR Corp		846,366
	30,953		Acuity Brands, Inc		3,721,789
	43,587		Advanced Drainage Systems, Inc		3,595,056
	121,076	*	Aecom Technology Corp		6,065,908
	21,031	*	Aegion Corp		386,339
	57,652	*	Aerojet Rocketdyne Holdings, Inc		3,000,210
	16,744	*	Aerovironment, Inc		1,921,709
	49,583		AGCO Corp		5,498,755
	87,071		Air Lease Corp		3,450,624
	7,957		Alamo Group, Inc		1,110,718
	25,288		Albany International Corp (Class A)		1,758,022
	73,537		Allegion plc		7,869,194
	4,410		Allied Motion Technologies, Inc		199,552
	90,750		Allison Transmission Holdings, Inc		3,693,525
	11,442	*,e	Alpha Pro Tech Ltd		163,392
	13,325	*	Alta Equipment Group, Inc		126,454
	51,464		Altra Industrial Motion Corp		2,645,764
	19,102	*	Ameresco, Inc		1,071,431
	17,208	*	American Superconductor Corp		425,382
	13,665	*	American Woodmark Corp		1,182,159
	181,944		Ametek, Inc		20,606,977
	112,329	*,g	API Group Corp		2,011,812
	16,952		Apogee Enterprises, Inc		595,015
	31,414		Applied Industrial Technologies, Inc		2,211,231
	38,814		Arcosa, Inc		2,165,433
	12,291		Argan, Inc		531,340
	37,519		Armstrong World Industries, Inc		2,934,361
	42,592	*	Array Technologies, Inc		1,736,050
	18,674		Astec Industries, Inc		1,110,543
	18,631	*	Astronics Corp		232,142
	41,034	*	Atkore International Group, Inc		1,820,268
	49,590	*	Axon Enterprise, Inc		8,140,694
	55,138	*	AZEK Co, Inc		2,199,455

119

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	25,393		AZZ, Inc	$	1,208,453
	37,717		Barnes Group, Inc		1,813,056
	45,934	*	Beacon Roofing Supply, Inc		1,826,795
	69,267	*	Bloom Energy Corp		2,418,111
	8,755	*	Blue Bird Corp		179,477
	428,291		Boeing Co		83,169,829
	29,074		Boise Cascade Co		1,384,795
	165,139	*	Builders FirstSource, Inc		6,316,567
	80,120		BWX Technologies, Inc		4,320,070
	14,260	e	Caesarstone Sdot-Yam Ltd		179,391
	12,974		CAI International, Inc		421,266
	42,087		Carlisle Cos, Inc		6,099,669
	694,765		Carrier Global Corp		26,748,452
	433,811		Caterpillar, Inc		79,318,003
	28,876	*	Chart Industries, Inc		3,468,296
	13,995	*	CIRCOR International, Inc		447,420
	81,096	*	Colfax Corp		3,010,284
	16,924		Columbus McKinnon Corp		730,948
	28,355		Comfort Systems USA, Inc		1,571,718
	917	*	Concrete Pumping Holdings Inc		5,007
	21,066	*	Construction Partners Inc		598,696
	40,067	*	Cornerstone Building Brands, Inc		455,962
	38,499		Crane Co		2,913,604
	10,901		CSW Industrials, Inc		1,270,185
	25,900		Cubic Corp		1,584,562
	116,075		Cummins, Inc		27,210,301
	34,154		Curtiss-Wright Corp		3,544,844
	225,691		Deere & Co		65,179,561
	101,216		Donaldson Co, Inc		6,016,279
	18,206		Douglas Dynamics, Inc		742,805
	112,018		Dover Corp		13,048,977
	6,881	*	Ducommun, Inc		339,509
	10,306	*	DXP Enterprises, Inc		238,996
	23,580	*	Dycom Industries, Inc		1,913,281
	2,940		Eastern Co		69,208
	319,768		Eaton Corp		37,636,694
	44,156		EMCOR Group, Inc		3,898,975
	478,825		Emerson Electric Co		37,994,764
	17,174		Encore Wire Corp		991,799
	46,044	*	Energy Recovery, Inc		637,249
	43,709		Enerpac Tool Group Corp		885,981
	35,655		EnerSys		2,931,911
	15,437		EnPro Industries, Inc		1,114,397
	20,596		ESCO Technologies, Inc		1,958,268
	2,079	*	EVI Industries, Inc		74,657
	73,040	*	Evoqua Water Technologies Corp		1,990,340
	456,141		Fastenal Co		20,795,468
	49,176		Federal Signal Corp		1,607,563
	104,844		Flowserve Corp		3,728,253
	110,711		Fluor Corp		1,914,193
	10,040	*,†	Fortitude Gold Corp		10,542
	237,665		Fortive Corp		15,704,903
	110,559		Fortune Brands Home & Security, Inc		9,535,714
	37,800		Franklin Electric Co, Inc		2,624,076
	224,892	*	FuelCell Energy, Inc		4,668,758
	36,113	*	Gates Industrial Corp plc		509,916

120

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	28,635		GATX Corp	$	2,657,328
	3,397	*	Gencor Industries, Inc		43,516
	48,696	*	Generac Holdings, Inc		11,999,668
	200,543		General Dynamics Corp		29,415,647
	6,987,587		General Electric Co		74,627,429
	390	*	General Finance Corp		2,878
	27,130	*	Gibraltar Industries, Inc		2,431,662
	28,818	*	GMS, Inc		835,434
	14,650		Gorman-Rupp Co		461,475
	132,926		Graco, Inc		9,163,918
	47,910		GrafTech International Ltd		464,727
	4,644		Graham Corp		68,545
	41,260	e	Granite Construction, Inc		1,221,709
	64,887	*	Great Lakes Dredge & Dock Corp		884,410
	26,719		Greenbrier Cos, Inc		966,693
	34,348		Griffon Corp		771,456
	23,665		H&E Equipment Services, Inc		650,314
	56,339	*,e	HC2 Holdings, Inc		196,623
	35,918		HEICO Corp		4,228,985
	62,568		HEICO Corp (Class A)		6,651,604
	24,299		Helios Technologies, Inc		1,325,510
	22,822	*	Herc Holdings, Inc		1,460,152
	64,480		Hexcel Corp		2,815,197
	62,361		Hillenbrand, Inc		2,563,037
	563,899		Honeywell International, Inc		110,168,948
	313,816		Howmet Aerospace, Inc		7,713,597
	43,783		Hubbell, Inc		6,812,635
	31,299		Huntington Ingalls		4,924,272
	2,869		Hurco Cos, Inc		84,406
	6,475		Hyster-Yale Materials Handling, Inc		580,872
	60,044		IDEX Corp		11,179,592
	9,328	*	IES Holdings, Inc		424,237
	253,287		Illinois Tool Works, Inc		49,190,868
	277,848	*	Ingersoll Rand, Inc		11,625,160
	16,655		Insteel Industries, Inc		420,372
	68,159		ITT, Inc		5,092,159
	100,298		Jacobs Engineering Group, Inc		10,126,086
	53,263	*	JELD-WEN Holding, Inc		1,384,305
	26,375		John Bean Technologies Corp		3,056,335
	577,745		Johnson Controls International plc		28,783,256
	9,951		Kadant, Inc		1,422,495
	24,437		Kaman Corp		1,230,647
	67,545		Kennametal, Inc		2,558,605
	95,446	*	Kratos Defense & Security Solutions, Inc		2,533,137
	165,981		L3Harris Technologies, Inc		28,467,401
	2,093	*	Lawson Products, Inc		103,792
	5,752	*	LB Foster Co (Class A)		87,143
	27,835		Lennox International, Inc		7,668,264
	45,869		Lincoln Electric Holdings, Inc		5,252,001
	8,955		Lindsay Corp		1,252,178
	197,991		Lockheed Martin Corp		63,717,464
	20,306		Luxfer Holdings plc		334,440
	15,481	*	Lydall, Inc		465,978
	27,581	*	Manitowoc Co, Inc		362,414
	210,750		Masco Corp		11,445,833
	18,532	*	Masonite International Corp		1,843,934

121

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	46,307	*	Mastec, Inc	$	3,572,585
	15,354	*	Matrix Service Co		181,024
	48,554		Maxar Technologies, Inc		2,032,956
	214	*	Mayville Engineering Co Inc		2,996
	43,966	*	Mercury Systems, Inc		3,124,224
	57,426	*	Meritor, Inc		1,482,165
	43,595	*	Middleby Corp		5,916,713
	13,352		Miller Industries, Inc		532,478
	25,495		Moog, Inc (Class A)		1,883,316
	79,358	*	MRC Global, Inc		548,364
	35,996		MSC Industrial Direct Co (Class A)		2,792,210
	45,799		Mueller Industries, Inc		1,564,036
	131,684		Mueller Water Products, Inc (Class A)		1,578,891
	16,102	*	MYR Group, Inc		895,432
	3,998		National Presto Industries, Inc		357,461
	40,666	*	Navistar International Corp		1,789,304
	51,775	*	NN, Inc		312,203
	46,154		Nordson Corp		8,261,104
	124,507		Northrop Grumman Corp		35,684,951
	5,472	*	Northwest Pipe Co		165,528
	108,136	*	NOW, Inc		896,447
	8,201	*	NV5 Global Inc		716,193
	128,269		nVent Electric plc		2,870,660
	2,535		Omega Flex, Inc		468,975
	20,064	*	Orion Energy Systems, Inc		196,427
	54,600		Oshkosh Corp		5,000,814
	325,144		Otis Worldwide Corp		21,020,560
	84,632		Owens Corning, Inc		6,567,443
	269,588		PACCAR, Inc		24,591,817
	48,376	*	PAE, Inc		401,521
	18,484		Park Aerospace Corp		245,468
	102,204		Parker-Hannifin Corp		27,044,200
	5,098		Park-Ohio Holdings Corp		143,713
	19,175	*	Parsons Corp		683,781
	132,499		Pentair plc		7,215,896
	55,784	*	PGT, Inc		1,155,287
	304,172	*	Plug Power, Inc		19,214,545
	6,645		Powell Industries, Inc		190,512
	1,196		Preformed Line Products Co		76,891
	36,023		Primoris Services Corp		1,048,449
	21,125	*	Proto Labs, Inc		4,474,275
	26,197		Quanex Building Products Corp		576,072
	108,840		Quanta Services, Inc		7,669,955
	21,813		Raven Industries, Inc		703,906
	1,143,855		Raytheon Technologies Corp		76,329,444
	19,965	*	RBC Bearings, Inc		3,340,743
	32,575		Regal-Beloit Corp		4,087,511
	119,779	*	Resideo Technologies, Inc		2,766,895
	37,787		REV Group, Inc		390,340
	95,549		Rexnord Corp		3,617,485
	93,069		Rockwell Automation, Inc		23,130,439
	83,560		Roper Technologies Inc		32,831,560
	31,772		Rush Enterprises, Inc (Class A)		1,334,106
	4,687		Rush Enterprises, Inc (Class B)		181,528
	122,802	*	Sensata Technologies Holding plc		6,692,709
	32,715		Shyft Group, Inc		987,993

122

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	34,042		Simpson Manufacturing Co, Inc	$	3,131,864
	35,119	*	SiteOne Landscape Supply, Inc		5,537,564
	42,196		Snap-On, Inc		7,594,858
	85,074		Spirit Aerosystems Holdings, Inc (Class A)		2,881,456
	35,202	*	SPX Corp		1,820,295
	34,096	*	SPX FLOW, Inc		1,806,065
	7,683		Standex International Corp		629,315
	122,461		Stanley Black & Decker, Inc		21,245,759
	17,061	*	Sterling Construction Co, Inc		349,239
	116,831	*	Sunrun, Inc		8,092,883
	11,683		Systemax, Inc		448,978
	29,050	*	Teledyne Technologies, Inc		10,371,141
	15,153		Tennant Co		1,026,616
	49,921		Terex Corp		1,785,175
	41,471	*	Textainer Group Holdings Ltd		751,040
	183,089		Textron, Inc		8,286,608
	9,034	*	The ExOne Company		250,603
	24,056	*	Thermon Group Holdings		350,977
	51,544		Timken Co		3,899,819
	10,789	*	Titan Machinery, Inc		229,806
	84,389		Toro Co		7,953,663
	24,177	*	TPI Composites, Inc		1,448,444
	191,301		Trane Technologies plc		27,422,998
	232	*	Transcat Inc		8,484
	41,916	*	TransDigm Group, Inc		23,191,284
	92,777	*	Trex Co, Inc		8,514,145
	34,812	*	Trimas Corp		1,101,800
	73,255		Trinity Industries, Inc		2,037,222
	47,549		Triton International Ltd		2,203,421
	39,025		Triumph Group, Inc		422,641
	32,622	*	Tutor Perini Corp		486,068
	47,947		UFP Industries, Inc		2,586,261
	57,649	*	United Rentals, Inc		14,009,283
	124,547	*	Univar Solutions Inc		2,315,329
	16,682		Valmont Industries, Inc		3,218,291
	12,241	*	Vectrus, Inc		629,187
	10,108	*	Veritiv Corp		185,179
	175,265		Vertiv Holdings Co		3,526,332
	15,358	*	Vicor Corp		1,329,081
	52,398	*	Virgin Galactic Holdings, Inc		2,320,707
	35,187		W.W. Grainger, Inc		12,821,791
	42,011		Wabash National Corp		670,075
	144,613		Wabtec Corp		10,731,731
	26,210		Watsco, Inc		6,250,823
	21,239		Watts Water Technologies, Inc (Class A)		2,550,167
	104,958	*	Welbilt, Inc		1,355,008
	38,114	*	WESCO International, Inc		2,900,857
	2,289	*	Willis Lease Finance Corp		63,451
	127,065	*	WillScot Mobile Mini Holdings Corp		3,012,711
	45,076		Woodward Inc		5,046,258
	142,948		Xylem, Inc		13,807,347
			TOTAL CAPITAL GOODS		1,825,505,933
COMMERCIAL & PROFESSIONAL SERVICES - 1.0%
	53,783		ABM Industries, Inc		1,975,987
	35,690	*	Acacia Research (Acacia Technologies)		199,864

123

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	103,094		ACCO Brands Corp	$	834,030
	128,146		ADT, Inc		1,157,158
	30,535	*	Akerna Corp		177,714
	40,522	*	ASGN Inc		3,359,679
	4,611		Barrett Business Services, Inc		290,724
	13,999		BG Staffing, Inc		176,667
	39,719		Brady Corp (Class A)		1,823,499
	37,081	*	BrightView Holdings, Inc		525,809
	42,229		Brink’s Co		2,877,062
	36,120	*	Casella Waste Systems, Inc (Class A)		2,067,509
	42,728	*	CBIZ, Inc		1,107,082
	16,964	*	Ceco Environmental Corp		117,561
	14,513	*	Cimpress plc		1,326,343
	70,499		Cintas Corp		22,427,142
	39,289	*	Clean Harbors, Inc		3,043,326
	163,630	*	Copart, Inc		17,958,392
	107,550		CoreCivic, Inc		764,680
	63,602		CoreLogic Inc		4,788,595
	31,368	*	CoStar Group, Inc		28,222,103
	82,721		Covanta Holding Corp		1,170,502
	4,778		CRA International, Inc		254,237
	28,535		Deluxe Corp		967,051
	71,061	*	Dun & Bradstreet Holdings, Inc		1,680,593
	30,888		Ennis, Inc		562,162
	96,980		Equifax, Inc		17,176,128
	41,779		Exponent, Inc		3,450,110
	8,725	*	Forrester Research, Inc		346,033
	6,930	*	Franklin Covey Co		166,667
	28,839	*	FTI Consulting, Inc		3,171,425
	20,563	*	GP Strategies Corp		248,401
	65,335	*	Harsco Corp		1,086,521
	60,182		Healthcare Services Group		1,951,100
	15,967		Heidrick & Struggles International, Inc		465,598
	8,781	*	Heritage-Crystal Clean, Inc		190,548
	47,966		Herman Miller, Inc		1,642,836
	40,039		HNI Corp		1,291,658
	18,730	*	Huron Consulting Group, Inc		991,941
	107,659	*	IAA, Inc		6,151,635
	15,156		ICF International, Inc		1,168,982
	317,997		IHS Markit Ltd		27,691,179
	29,611		Insperity, Inc		2,324,167
	37,263		Interface, Inc		374,121
	106,287		KAR Auction Services, Inc		1,962,058
	19,831		Kelly Services, Inc (Class A)		387,101
	13,585		Kforce, Inc		579,400
	18,935		Kimball International, Inc (Class B)		228,924
	28,443		Knoll, Inc		425,507
	46,339		Korn/Ferry International		2,113,058
	45,830		Manpower, Inc		4,053,205
	8,730	*	Mastech Holdings, Inc		142,386
	25,252		Matthews International Corp (Class A)		770,944
	19,097		McGrath RentCorp		1,332,780
	15,831	*	Mistras Group, Inc		109,392
	4,880	*	Montrose Environmental Group, Inc		180,462
	29,146	e	MSA Safety, Inc		4,550,274
	281,534		Nielsen NV		6,286,654

124

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,365		NL Industries, Inc	$	37,726
	12,685	*	Pico Holdings, Inc		109,091
	140,422		Pitney Bowes, Inc		1,311,541
	26,063		Quad Graphics, Inc		121,975
	5,447	*	Red Violet, Inc		122,013
	168,347		Republic Services, Inc		15,238,770
	33,636		Resources Connection, Inc		388,159
	87,527		Robert Half International, Inc		5,908,073
	180,033		Rollins, Inc		6,484,789
	18,840	*	SP Plus Corp		546,360
	77,329		Steelcase, Inc (Class A)		999,864
	73,620	*	Stericycle, Inc		4,820,638
	23,894	*	Team, Inc		236,073
	42,923		Tetra Tech, Inc		5,218,149
	152,103		TransUnion		13,239,045
	33,150	*	TriNet Group, Inc		2,456,747
	29,202	*	TrueBlue, Inc		542,865
	11,622		Unifirst Corp		2,473,162
	75,675	*	Upwork, Inc		3,136,729
	25,222	*	US Ecology, Inc		832,326
	126,592		Verisk Analytics, Inc		23,229,632
	15,214		Viad Corp		524,883
	5,082		VSE Corp		175,837
	337,697		Waste Management, Inc		37,592,430
	5,288	*	Willdan Group, Inc		236,321
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		318,849,864
CONSUMER DURABLES & APPAREL - 1.5%
	27,237		Acushnet Holdings Corp		1,111,814
	10,387	*	American Outdoor Brands, Inc		197,145
	19,824	*	Beazer Homes USA, Inc		329,475
	62,319		Brunswick Corp		5,388,101
	76,162		Callaway Golf Co		2,124,158
	114,197	*	Capri Holdings Ltd		4,757,447
	33,883		Carter’s, Inc		2,983,059
	16,508	*	Casper Sleep, Inc		130,743
	7,204	*	Cavco Industries, Inc		1,359,107
	21,680	*	Century Communities, Inc		1,017,659
	11,595		Clarus Corp		186,216
	22,178		Columbia Sportswear Co		1,939,688
	53,093	*	CROCS, Inc		3,717,572
	22,214	*	Deckers Outdoor Corp		6,486,044
	264,499		DR Horton, Inc		20,313,523
	3,923		Escalade, Inc		81,795
	19,032		Ethan Allen Interiors, Inc		450,107
	41,043	*	Fossil Group, Inc		595,123
	120,228		Garmin Ltd		13,809,388
	35,045	*	G-III Apparel Group Ltd		947,617
	101,460	*,e	GoPro, Inc		908,067
	38,224	*	Green Brick Partners, Inc		760,658
	7,328	e	Hamilton Beach Brands Holding Co		140,624
	279,050		Hanesbrands, Inc		4,266,674
	102,268		Hasbro, Inc		9,594,784
	20,337	*	Helen of Troy Ltd		4,967,312
	7,092		Hooker Furniture Corp		213,682
	18,189	*	Installed Building Products, Inc		1,908,572

125

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	22,237	*,e	iRobot Corp	$	2,670,664
	4,792		Johnson Outdoors, Inc		522,472
	71,010		KB Home		2,956,856
	40,713		Kontoor Brands, Inc		1,470,554
	8,248	*,e	Lakeland Industries, Inc		229,294
	36,042		La-Z-Boy, Inc		1,395,546
	171	*	Legacy Housing Corp		2,423
	106,296		Leggett & Platt, Inc		4,358,136
	216,014		Lennar Corp (Class A)		17,961,564
	13,710		Lennar Corp (Class B)		917,747
	17,675	*	LGI Homes, Inc		1,886,099
	4,217		Lifetime Brands, Inc		58,616
	7,334	*	Lovesac Co		414,664
	90,979	*	Lululemon Athletica, Inc		29,902,978
	21,799	*	M/I Homes, Inc		1,076,217
	16,508	*	Malibu Boats, Inc		1,157,376
	7,010		Marine Products Corp		114,123
	11,880	*	MasterCraft Boat Holdings, Inc		303,296
	271,276	*	Mattel, Inc		4,915,521
	39,500		MDC Holdings, Inc		2,054,790
	29,904	*	Meritage Homes Corp		2,400,095
	46,047	*	Mohawk Industries, Inc		6,612,349
	21,509		Movado Group, Inc		444,376
	24,386	*	Nautilus, Inc		597,701
	308,113		Newell Brands Inc		7,400,874
	981,377		Nike, Inc (Class B)		131,102,153
	2,696	*	NVR, Inc		11,987,710
	16,947		Oxford Industries, Inc		1,105,622
	203,974	*	Peloton Interactive, Inc		29,806,721
	45,750		Polaris Inc		5,337,653
	212,646		Pulte Homes, Inc		9,250,101
	18,952	*	Purple Innovation, Inc		645,126
	55,303		PVH Corp		4,715,134
	38,295		Ralph Lauren Corp		3,869,710
	264		Rocky Brands, Inc		9,097
	105,418	*	Skechers U.S.A., Inc (Class A)		3,634,813
	42,058	*	Skyline Champion Corp		1,414,411
	47,276		Smith & Wesson Brands, Inc		782,891
	61,553	*	Sonos, Inc		1,609,611
	70,118		Steven Madden Ltd		2,355,965
	13,656		Sturm Ruger & Co, Inc		865,244
	12,672		Superior Uniform Group, Inc		289,302
	221,326		Tapestry, Inc		6,998,328
	102,477	*	Taylor Morrison Home Corp		2,662,352
	146,120	*	Tempur Sealy International, Inc		3,857,568
	92,319		Toll Brothers, Inc		4,717,501
	26,439	*	TopBuild Corp		5,286,478
	100,427	*	TRI Pointe Homes, Inc		2,028,625
	38,478	*	Tupperware Brands Corp		1,157,418
	11,345	*	Turtle Beach Corp		339,216
	148,547	*	Under Armour, Inc (Class A)		2,599,573
	152,501	*	Under Armour, Inc (Class C)		2,282,940
	14,788	*	Unifi, Inc		354,173
	11,537	*	Universal Electronics, Inc		625,767
	26,763	*	Vera Bradley, Inc		226,147
	257,947		VF Corp		19,828,386

126

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	47,928	*	Vista Outdoor, Inc	$	1,398,060
	21,268	*	VOXX International Corp (Class A)		397,286
	48,849		Whirlpool Corp		9,041,461
	64,853		Wolverine World Wide, Inc		1,857,390
	62,822	*	YETI Holdings, Inc		4,134,944
			TOTAL CONSUMER DURABLES & APPAREL		461,085,362
CONSUMER SERVICES - 1.9%
	34,312	*	Accel Entertainment, Inc		330,425
	42,195	*	Adtalem Global Education, Inc		1,628,305
	12,621	*	American Public Education, Inc		363,232
	181,996		ARAMARK Holdings Corp		6,240,643
	9,857	*	Aspen Group, Inc		93,198
	15,473	*	Bally’s Corp		812,023
	2,328	*	Biglari Holdings, Inc (B Shares)		267,115
	17,298		BJ’s Restaurants, Inc		808,509
	61,053		Bloomin’ Brands, Inc		1,286,387
	277		Bluegreen Vacations Corp		2,141
	8,305	*	Bluegreen Vacations Holding Corp		108,712
	65,819	*	Boyd Gaming Corp		2,972,386
	47,877	*	Bright Horizons Family Solutions		7,275,868
	35,248		Brinker International, Inc		2,075,402
	140,805	*	Caesars Entertainment, Inc		9,911,264
	378,791		Carnival Corp		7,072,028
	14,827		Carriage Services, Inc		491,070
	36,145	*	Carrols Restaurant Group, Inc		221,930
	17,769	*	Century Casinos, Inc		123,495
	37,993		Cheesecake Factory		1,708,545
	95,802	*	Chegg, Inc		9,126,099
	22,327	*	Chipotle Mexican Grill, Inc (Class A)		33,043,960
	27,887		Choice Hotels International, Inc		2,806,548
	30,261		Churchill Downs, Inc		5,672,424
	9,829	*	Chuy’s Holdings, Inc		344,801
	7,161		Collectors Universe		653,871
	18,172		Cracker Barrel Old Country Store, Inc		2,458,853
	103,427		Darden Restaurants, Inc		12,089,582
	37,052	*	Dave & Buster’s Entertainment, Inc		1,260,509
	48,093	*	Del Taco Restaurants, Inc		462,655
	53,108	*	Denny’s Corp		835,389
	14,415		Dine Brands Global Inc.		991,175
	31,174		Domino’s Pizza, Inc		11,558,072
	13,009	*	El Pollo Loco Holdings, Inc		264,733
	65,486	*	Everi Holdings, Inc		856,557
	144,921		Extended Stay America, Inc		2,127,440
	14,335	*	Fiesta Restaurant Group, Inc		215,885
	19,983		Franchise Group, Inc		724,983
	67,405	*	frontdoor, Inc		3,709,971
	16,047	*	GAN Ltd		378,870
	18,165	*	Golden Entertainment, Inc		308,805
	3,524		Graham Holdings Co		2,002,020
	37,327	*	Grand Canyon Education, Inc		3,170,555
	157,221		H&R Block, Inc		2,708,918
	72,764	*	Hilton Grand Vacations, Inc		2,162,546
	218,341		Hilton Worldwide Holdings, Inc		22,137,594
	96,493	*	Houghton Mifflin Harcourt Co		475,711
	28,561		Hyatt Hotels Corp		1,875,315

127

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	81,809		International Game Technology plc	$	1,317,943
	18,395		Jack in the Box, Inc		1,731,705
	6,687	*,e	Kura Sushi USA, Inc		151,461
	266,095		Las Vegas Sands Corp		12,796,509
	88,762	*	Laureate Education, Inc		1,154,794
	20,517	*	Lindblad Expeditions Holdings, Inc		322,117
	216,318		Marriott International, Inc (Class A)		25,159,947
	33,014		Marriott Vacations Worldwide Corp		4,052,799
	595,269		McDonald’s Corp		123,720,709
	376,106		MGM Resorts International		10,741,587
	9,305	*	Monarch Casino & Resort, Inc		491,769
	1,621		Nathan’s Famous, Inc		89,982
	11,003	*	Noodles & Co		93,195
	257,043	*	Norwegian Cruise Line Holdings Ltd		5,822,024
	33,948		OneSpaWorld Holdings Ltd		322,167
	26,376		Papa John’s International, Inc		2,697,737
	121,778	*	Penn National Gaming, Inc		12,630,814
	55,150	*	Perdoceo Education Corp		652,425
	65,092	*	Planet Fitness, Inc		4,686,624
	21,263	*	PlayAGS, Inc		109,504
	6,928		RCI Hospitality Holdings, Inc		266,589
	19,527	*	Red Robin Gourmet Burgers, Inc		511,412
	50,028		Red Rock Resorts, Inc		1,174,657
	18,751	*,e	Regis Corp		177,947
	142,275		Royal Caribbean Cruises Ltd		9,247,875
	34,804		Ruth’s Hospitality Group Inc		633,085
	46,725	*	Scientific Games Corp (Class A)		1,832,555
	40,645	*	SeaWorld Entertainment, Inc		1,161,228
	137,712		Service Corp International		6,944,816
	28,493	*	Shake Shack, Inc		3,231,676
	61,811		Six Flags Entertainment Corp		2,113,936
	933,226		Starbucks Corp		90,345,609
	18,982		Strategic Education, Inc		1,677,439
	32,869	*	Stride, Inc		846,377
	24,593	*	Target Hospitality Corp		43,530
	105,433	*	Terminix Global Holdings, Inc		5,027,045
	52,266		Texas Roadhouse, Inc (Class A)		3,983,192
	30,442	*	Universal Technical Institute, Inc		185,087
	32,124		Vail Resorts, Inc		8,543,699
	61,718	*	Vivint Smart Home, Inc		1,165,853
	147,770		Wendy’s		3,014,508
	23,931		Wingstop, Inc		3,590,847
	37,987	*	WW International Inc		1,008,935
	65,302		Wyndham Destinations, Inc		2,888,960
	75,354		Wyndham Hotels & Resorts, Inc		4,383,342
	77,784		Wynn Resorts Ltd		7,741,842
	322,158		Yum China Holdings, Inc		18,269,580
	241,611		Yum! Brands, Inc		24,521,100
			TOTAL CONSUMER SERVICES		581,495,052
DIVERSIFIED FINANCIALS - 4.5%
	36,293		Affiliated Managers Group, Inc		3,999,126
	428,501		AGNC Investment Corp		6,684,616
	12,004		Alerus Financial Corp		288,816
	297,661		Ally Financial, Inc		11,263,492
	3,682		A-Mark Precious Metals, Inc		105,232

128

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	525,571		American Express Co	$	61,102,884
	92,717		Ameriprise Financial, Inc		18,345,913
	1,125,191		Annaly Capital Management, Inc		9,136,551
	96,007		Anworth Mortgage Asset Corp		234,257
	133,742		Apollo Commercial Real Estate Finance, Inc		1,495,236
	136,965		Apollo Global Management, Inc		6,292,172
	83,530		Arbor Realty Trust, Inc		1,191,138
	29,679		Ares Commercial Real Estate Corp		335,966
	79,188		Ares Management Corp		3,576,130
	88,562	*	Arlington Asset Investment Corp (Class A)		320,594
	61,974		ARMOUR Residential REIT, Inc		692,250
	42,404		Artisan Partners Asset Management, Inc		2,052,354
	18,432	*	Assetmark Financial Holdings, Inc		424,305
	2,527		Associated Capital Group, Inc		82,987
	13,332		B. Riley Financial, Inc		642,602
	27,238		Banco Latinoamericano de Exportaciones S.A. (Class E)		415,107
	631,885		Bank of New York Mellon Corp		25,167,980
	1,508,838	*	Berkshire Hathaway, Inc (Class B)		343,818,915
	229,894		BGC Partners, Inc (Class A)		816,124
	118,262		BlackRock, Inc		82,932,410
	112,348		Blackstone Mortgage Trust, Inc		2,995,198
	41,669	*	Blucora, Inc		690,039
	50,193		Brightsphere Investment Group, Inc		920,038
	104,231		Broadmark Realty Capital, Inc		1,072,537
	69,240	*	Cannae Holdings, Inc		2,630,428
	361,215		Capital One Financial Corp		37,660,276
	54,913		Capstead Mortgage Corp		293,235
	94,985		Carlyle Group, Inc		3,065,166
	88,139		CBOE Global Markets, Inc		8,084,990
	1,101,566		Charles Schwab Corp		56,774,712
	12,922		Cherry Hill Mortgage Investment Corp		113,714
	142,903		Chimera Investment Corp		1,443,320
	285,299		CME Group, Inc		51,850,240
	20,431		Cohen & Steers, Inc		1,338,230
	71,161		Colony Credit Real Estate, Inc		562,172
	22,571		Cowen Group, Inc		567,661
	7,894	*,e	Credit Acceptance Corp		3,045,268
	19,299		Curo Group Holdings Corp		280,414
	2,791		Diamond Hill Investment Group, Inc		413,710
	245,474		Discover Financial Services		20,506,898
	19,522	*	Donnelley Financial Solutions, Inc		349,249
	16,968		Dynex Capital, Inc		306,272
	87,132		Eaton Vance Corp		5,850,042
	33,739		Ellington Financial Inc		504,735
	19,763		Ellington Residential Mortgage REIT		236,365
	25,589	*	Encore Capital Group, Inc		759,993
	30,410	*	Enova International, Inc		687,266
	321,103		Equitable Holdings, Inc		7,956,932
	32,332		Evercore Inc		3,527,421
	29,783	*	Ezcorp, Inc (Class A)		133,726
	29,606		Factset Research Systems, Inc		8,951,078
	80,043		Federated Investors, Inc (Class B)		2,161,161
	34,210		FirstCash, Inc		2,014,285
	25,851	*	Focus Financial Partners, Inc		1,229,991
	216,079		Franklin Resources, Inc		5,680,717
	2,638		GAMCO Investors, Inc (Class A)		46,983

129

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	264,955		Goldman Sachs Group, Inc	$	71,847,847
	43,495		Granite Point Mortgage Trust, Inc		405,373
	17,996		Great Ajax Corp		177,261
	40,412	*	Green Dot Corp		2,029,895
	23,511		Greenhill & Co, Inc		272,963
	155	*,e	GWG Holdings Inc		1,128
	23,686		Hamilton Lane, Inc		1,785,214
	55,868		Hannon Armstrong Sustainable Infrastructure Capital, Inc		3,304,592
	40,652		Houlihan Lokey, Inc		2,636,282
	58,875		Interactive Brokers Group, Inc (Class A)		3,602,561
	443,126		Intercontinental Exchange Group, Inc		48,898,954
	299,224		Invesco Ltd		6,161,022
	143,208		Invesco Mortgage Capital, Inc		578,560
	175,524		Jefferies Financial Group, Inc		4,098,485
	433,861		KKR & Co, Inc		16,898,886
	18,595		KKR Real Estate Finance Trust, Inc		318,346
	95,614		Ladder Capital Corp		939,886
	80,114		Lazard Ltd (Class A)		3,300,697
	46,282	*	LendingClub Corp		502,160
	9,518	*,e	LendingTree, Inc		3,098,299
	62,026		LPL Financial Holdings, Inc		6,719,897
	29,529		MarketAxess Holdings, Inc		15,968,102
	3,520		Marlin Business Services Corp		50,160
	377,631		MFA Financial Inc		1,374,577
	41,537		Moelis & Co		2,064,804
	129,868		Moody’s Corp		34,578,654
	1,068,247		Morgan Stanley		71,625,961
	18,135		Morningstar, Inc		4,169,055
	65,506		MSCI, Inc (Class A)		25,894,522
	91,065		Nasdaq Inc		12,318,363
	150,278		Navient Corp		1,691,379
	13,847		Nelnet, Inc (Class A)		952,535
	335,422		New Residential Investment Corp		3,149,613
	318,876		New York Mortgage Trust, Inc		1,189,407
	17,297	*,†	NewStar Financial, Inc		4,176
	154,094		Northern Trust Corp		13,743,644
	48,164		OneMain Holdings, Inc		2,242,516
	15,821	*	Oportun Financial Corp		253,294
	11,613		Oppenheimer Holdings, Inc		402,623
	44,143		Orchid Island Capital, Inc		228,219
	83,151		PennyMac Mortgage Investment Trust		1,434,355
	15,511		Piper Jaffray Cos		1,416,620
	19,621		PJT Partners, Inc		1,353,653
	36,421	*	PRA Group, Inc		1,200,800
	53,385		PROG Holdings, Inc		2,518,704
	9,606		Pzena Investment Management, Inc (Class A)		79,730
	98,365		Raymond James Financial, Inc		9,829,614
	35,276		Ready Capital Corp		401,441
	95,463		Redwood Trust, Inc		819,073
	6,244		Regional Management Corp		176,705
	193,123		S&P Global, Inc		61,219,991
	16,133	*	Safeguard Scientifics, Inc		110,188
	61,226		Santander Consumer USA Holdings, Inc		1,353,095
	21,936		Sculptor Capital Management, Inc		372,035
	92,385		SEI Investments Co		4,882,547
	208	*,e	Siebert Financial Corp		1,710

130

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	3,599		Silvercrest Asset Management Group, Inc	$	55,101
	287,684		SLM Corp		3,993,054
	218,790		Starwood Property Trust, Inc		4,104,500
	280,195		State Street Corp		19,613,650
	13,817	*	StepStone Group, Inc		485,253
	82,995		Stifel Financial Corp		4,300,801
	11,167	*	StoneX Group, Inc		597,658
	466,542		Synchrony Financial		15,699,138
	181,114		T Rowe Price Group, Inc		28,340,719
	50,019		TPG RE Finance Trust, Inc		488,686
	65,976		Tradeweb Markets, Inc		4,010,681
	215,023		Two Harbors Investment Corp		1,305,190
	51,700		Virtu Financial, Inc		1,435,709
	5,962		Virtus Investment Partners, Inc		1,252,020
	98,535		Voya Financial, Inc		5,464,751
	49,212		Waddell & Reed Financial, Inc (Class A)		1,244,571
	76,243		Western Asset Mortgage Capital Corp		224,917
	5,819		Westwood Holdings Group, Inc		68,897
	70,423		WisdomTree Investments, Inc		375,707
	3,506	*,e	World Acceptance Corp		502,830
			TOTAL DIVERSIFIED FINANCIALS		1,366,335,625
ENERGY - 2.2%
	234,300		Antero Midstream Corp		1,897,830
	187,749	*	Antero Resources Corp		1,302,978
	299,699		Apache Corp		4,279,702
	12,934	*	Arch Resources, Inc		619,797
	118,857		Archrock, Inc		1,054,262
	36,328		Ardmore Shipping Corp		116,250
	14,041	*	Aspen Aerogels, Inc		281,662
	522,683		Baker Hughes Co		10,500,701
	79,472		Berry Petroleum Co LLC		305,967
	13,622	*	Bonanza Creek Energy, Inc		281,430
	12,480		Brigham Minerals, Inc		167,107
	4,981	*	Bristow Group, Inc		120,590
	308,280		Cabot Oil & Gas Corp		5,650,772
	35,818		Cactus, Inc		938,432
	151,402	*	ChampionX Corp		2,314,937
	185,769	*	Cheniere Energy, Inc		11,764,751
	1,540,632		Chevron Corp		131,261,846
	81,314		Cimarex Energy Co		3,429,825
	103,930	*	Clean Energy Fuels Corp		1,063,204
	181,126	*	CNX Resources Corp		2,294,866
	19,383	*	Comstock Resources Inc		88,193
	1,092,535		ConocoPhillips		43,734,176
	36,162	*	CONSOL Energy, Inc		293,635
	73,192	*,e	Contango Oil & Gas Co		174,929
	66,065	e	Continental Resources, Inc		1,300,820
	26,262		CVR Energy, Inc		449,080
	46,657		Delek US Holdings, Inc		875,285
	478,373		Devon Energy Corp		7,874,020
	97,577		DHT Holdings, Inc		523,988
	35,185	*	Diamond S Shipping Inc		224,832
	128,384		Diamondback Energy, Inc		7,278,089
	14,982		DMC Global, Inc		856,521
	29,064	*	Dorian LPG Ltd		336,852

131

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	25,553	*	Dril-Quip, Inc	$	769,656
	56,752	*	Earthstone Energy, Inc		291,705
	212,506		EnCana Corp		3,349,095
	99,580	*,e	Energy Fuels, Inc		378,404
	467,193		EOG Resources, Inc		23,808,155
	217,118		EQT Corp		3,541,195
	334,324		Equitrans Midstream Corp		2,223,255
	19,412		Evolution Petroleum Corp		61,730
	9,925	*	Exterran Corp		42,876
	3,392,473	d	Exxon Mobil Corp		152,118,489
	28,935		Falcon Minerals Corp		88,541
	163,704	*	Frank’s International NV		455,097
	96,169	e	Frontline Ltd		567,397
	76,643	*	Golar LNG Ltd		830,044
	243	*	Goodrich Petroleum Corp		2,350
	28,378	*	Green Plains Inc		545,141
	693,116		Halliburton Co		12,219,635
	118,524	*	Helix Energy Solutions Group, Inc		488,319
	88,337		Helmerich & Payne, Inc		2,144,822
	219,718		Hess Corp		11,860,378
	120,558		HollyFrontier Corp		3,431,081
	21,753		International Seaways, Inc		348,266
	1,558,618		Kinder Morgan, Inc		21,945,341
	265,676		Kosmos Energy Ltd		589,801
	45,990		Liberty Oilfield Services, Inc		552,800
	75,659	*	Magnolia Oil & Gas Corp		640,832
	633,150		Marathon Oil Corp		4,584,006
	516,897		Marathon Petroleum Corp		22,309,275
	95,767	*	Matador Resources Co		1,463,320
	116,486		Murphy Oil Corp		1,440,932
	5,942	e	Nabors Industries Ltd		424,378
	2,620		Nacco Industries, Inc (Class A)		62,801
	18,544	*	National Energy Services Reunited Corp		199,904
	69,736	*	Newpark Resources, Inc		166,669
	107,612	*	NexTier Oilfield Solutions, Inc		357,272
	123,418	e	Nordic American Tankers Ltd		365,317
	315,488	*	Nov, Inc		3,905,741
	664,400		Occidental Petroleum Corp		13,327,864
	77,586	*	Oceaneering International, Inc		655,602
	52,702	*	Oil States International, Inc		295,131
	351,323		ONEOK, Inc		13,993,195
	67,330	*	Overseas Shipholding Group, Inc		139,373
	31,390	*	Par Pacific Holdings, Inc		416,859
	145,895		Patterson-UTI Energy, Inc		897,254
	77,186		PBF Energy, Inc		653,765
	87,186	*	PDC Energy, Inc		1,892,808
	15,792	*,e	Penn Virginia Corp		158,552
	349,094		Phillips 66		23,668,573
	158,743		Pioneer Natural Resources Co		19,192,029
	18	*	PrimeEnergy Corp		644
	69,210	*	ProPetro Holding Corp		552,988
	166,807	*	Range Resources Corp		1,536,292
	29,957	*	Renewable Energy Group, Inc		2,684,147
	3,339	*	Rex American Resources Corp		255,433
	36,246	*,e	RPC, Inc		161,657
	1,107,828		Schlumberger Ltd		24,604,860

132

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	42,638	e	Scorpio Tankers, Inc	$	530,417
	53,591	*,e	Select Energy Services, Inc		269,027
	92,169		SFL Corp Ltd		582,508
	90,590		SM Energy Co		760,050
	23,417		Solaris Oilfield Infrastructure, Inc		213,095
	512,480	*	Southwestern Energy Co		1,932,050
	11,888	*	Talos Energy, Inc		100,572
	188,788		Targa Resources Investments, Inc		5,167,128
	114,035	*,e	Tellurian, Inc		345,526
	53,122	*	Tidewater, Inc		504,128
	461,580	*,e	Transocean Ltd (NYSE)		1,550,909
	145,160	*,e	Uranium Energy Corp		236,611
	67,083		US Silica Holdings, Inc		546,056
	325,043		Valero Energy Corp		18,342,176
	112,755	*,e	W&T Offshore, Inc		272,867
	975,011		Williams Cos, Inc		20,699,484
	53,429		World Fuel Services Corp		1,634,393
			TOTAL ENERGY		681,005,372
FOOD & STAPLES RETAILING - 1.3%
	36,277	e	Albertsons Cos, Inc		630,131
	25,464		Andersons, Inc		585,672
	109,425	*	BJ’s Wholesale Club Holdings, Inc		4,603,510
	29,550		Casey’s General Stores, Inc		5,540,034
	27,577	*	Chefs’ Warehouse Holdings, Inc		752,576
	353,482		Costco Wholesale Corp		124,577,661
	55,971	*	Grocery Outlet Holding Corp		2,389,402
	41,112	*,e	HF Foods Group Inc		321,907
	14,265	e	Ingles Markets, Inc (Class A)		678,443
	619,967		Kroger Co		21,388,861
	11,089		Natural Grocers by Vitamin C		184,632
	101,630	*	Performance Food Group Co		4,764,414
	18,482		Pricesmart, Inc		1,735,090
	46,433	*	Rite Aid Corp		1,220,724
	29,940		SpartanNash Co		554,489
	92,802	*	Sprouts Farmers Market, Inc		2,101,965
	388,868		SYSCO Corp		27,807,951
	44,657	*	United Natural Foods, Inc		1,209,312
	174,315	*	US Foods Holding Corp		5,402,022
	4,683		Village Super Market (Class A)		98,671
	579,839		Walgreens Boots Alliance, Inc		29,136,910
	1,117,512		Walmart, Inc		156,999,261
	8,600	e	Weis Markets, Inc		423,808
			TOTAL FOOD & STAPLES RETAILING		393,107,446
FOOD, BEVERAGE & TOBACCO - 2.8%
	1,659		Alico, Inc		49,272
	1,485,157		Altria Group, Inc		61,010,250
	438,076		Archer-Daniels-Midland Co		21,908,181
	49,739	e	B&G Foods, Inc (Class A)		1,894,061
	41,369	*,e	Beyond Meat, Inc		7,366,991
	7,104	*	Boston Beer Co, Inc (Class A)		6,513,587
	59	*	Bridgford Foods Corp		988
	36,900		Brown-Forman Corp (Class A)		2,439,828
	144,364		Brown-Forman Corp (Class B)		10,346,568
	109,043		Bunge Ltd		7,135,774

133

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	15,213		Calavo Growers, Inc	$	1,158,470
	23,528	*	Cal-Maine Foods, Inc		902,063
	153,012		Campbell Soup Co		7,361,407
	27,956	*	Celsius Holdings, Inc		1,492,850
	3,101,627		Coca-Cola Co		149,343,340
	3,562		Coca-Cola Consolidated Inc		950,555
	390,414		ConAgra Brands, Inc		13,508,324
	127,811		Constellation Brands, Inc (Class A)		26,959,174
	126,960	*	Darling International, Inc		7,872,790
	7,025	*	Farmer Bros Co		36,811
	181,080		Flowers Foods, Inc		4,157,597
	22,222		Fresh Del Monte Produce, Inc		543,772
	31,206	*	Freshpet, Inc		4,347,308
	486,678		General Mills, Inc		28,275,992
	66,270	*	Hain Celestial Group, Inc		2,755,838
	117,615		Hershey Co		17,105,926
	222,482		Hormel Foods Corp		10,425,507
	97,841	*	Hostess Brands, Inc		1,501,859
	52,693		Ingredion, Inc		3,976,741
	12,260		J&J Snack Foods Corp		1,871,612
	88,225		J.M. Smucker Co		10,270,272
	7,801		John B. Sanfilippo & Son, Inc		627,434
	200,905		Kellogg Co		11,841,341
	356,707		Keurig Dr Pepper, Inc		11,343,283
	516,617		Kraft Heinz Co		17,311,836
	117,174		Lamb Weston Holdings, Inc		8,752,898
	15,457		Lancaster Colony Corp		2,698,483
	25,890	*	Landec Corp		275,987
	10,800		Limoneira Co		172,476
	199,146		McCormick & Co, Inc		17,831,533
	10,618		MGP Ingredients, Inc		614,782
	137,855		Molson Coors Brewing Co (Class B)		6,914,807
	1,134,550		Mondelez International, Inc		62,899,452
	297,018	*	Monster Beverage Corp		25,790,073
	8,868	e	National Beverage Corp		1,343,857
	54,771	*	NewAge, Inc		167,052
	1,115,621		PepsiCo, Inc		152,360,360
	1,247,889		Philip Morris International, Inc		99,394,359
	44,477	*	Pilgrim’s Pride Corp		861,964
	50,184	*	Post Holdings, Inc		4,759,952
	126,721		Primo Water Corp		1,957,839
	16,772		Sanderson Farms, Inc		2,284,179
	229		Seaboard Corp		720,482
	4,345	*	Seneca Foods Corp		157,506
	65,281	*	Simply Good Foods Co		1,863,120
	13,180	e	Tootsie Roll Industries, Inc		521,664
	46,154	*	TreeHouse Foods, Inc		1,949,083
	7,811		Turning Point Brands, Inc		367,898
	230,386		Tyson Foods, Inc (Class A)		14,816,124
	20,406		Universal Corp		936,023
	111,224		Vector Group Ltd		1,305,770
	5,612	*	Vital Farms, Inc		138,785
			TOTAL FOOD, BEVERAGE & TOBACCO		866,464,110

134

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
HEALTH CARE EQUIPMENT & SERVICES - 6.5%
	61,406	*	1Life Healthcare, Inc	$	3,107,144
	1,385,436		Abbott Laboratories		171,226,035
	35,497	*	Abiomed, Inc		12,361,830
	70,184	*	Acadia Healthcare Co, Inc		3,556,925
	25,306	*,e	Accelerate Diagnostics, Inc		259,640
	9,032	*	Accolade, Inc		457,832
	80,912	*	Accuray, Inc		399,705
	7,688	*	Acutus Medical, Inc		199,042
	19,506	*	AdaptHealth Corp		746,495
	9,851	*	Addus HomeCare Corp		1,108,730
	62,594	*	Align Technology, Inc		32,885,636
	134,292	*	Allscripts Healthcare Solutions, Inc		2,215,818
	46,308	*	Alphatec Holdings Inc		689,063
	25,266	*	Amedisys, Inc		7,259,174
	34,694	*	American Well Corp		1,228,515
	116,023		AmerisourceBergen Corp		12,089,597
	37,014	*	AMN Healthcare Services, Inc		2,669,450
	23,243	*	Angiodynamics, Inc		435,574
	127,038	*	Antares Pharma, Inc		556,426
	199,172		Anthem, Inc		59,150,101
	21,471	*	Apollo Medical Holdings, Inc		472,362
	35,479	*	Apyx Medical Corp		329,600
	84,299	*,e	Aspira Women’s Health, Inc		751,947
	33,158	*	AtriCure, Inc		1,930,790
	1,158		Atrion Corp		754,402
	737	*	Avalon GloboCare Corp		914
	38,326	*	Avanos Medical, Inc		1,736,168
	29,631	*,e	AxoGen, Inc		514,098
	24,863	*,e	Axonics Modulation Technologies, Inc		1,285,417
	407,967		Baxter International, Inc		31,344,105
	221,495		Becton Dickinson & Co		57,985,176
	2,803	*	Bellerophon Therapeutics, Inc		19,397
	9,619	*,e	Beyond Air, Inc		56,944
	10,755	*	BioLife Solutions Inc		407,830
	13,421	*,e	BioSig Technologies Inc		59,455
	27,717	*	BioTelemetry, Inc		1,980,657
	1,144,989	*	Boston Scientific Corp		40,578,410
	150,915	*	Brookdale Senior Living, Inc		745,520
	30,287	*	Cantel Medical Corp		2,391,764
	234,092		Cardinal Health, Inc		12,577,763
	28,182	*	Cardiovascular Systems, Inc		1,267,908
	9,775	*	Castle Biosciences, Inc		653,263
	460,178	*	Centene Corp		27,748,733
	242,854		Cerner Corp		19,455,034
	132,922	*	Cerus Corp		875,956
	190,795	*	Change Healthcare, Inc		4,552,369
	10,887	*,e	Chembio Diagnostics, Inc		71,745
	12,389		Chemed Corp		6,416,263
	283,793		Cigna Corp		61,597,271
	20,650	*,e	Co-Diagnostics, Inc		265,146
	66,658	*	Community Health Systems, Inc		621,253
	7,207		Computer Programs & Systems, Inc		221,831
	21,853		Conmed Corp		2,445,351
	38,925		Cooper Cos, Inc		14,170,257
	6,698	*	Corvel Corp		661,896
	89,996	*	Covetrus, Inc		3,066,164
	23,078	*	Cross Country Healthcare, Inc		202,163

135

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	23,530	*	CryoLife, Inc	$	563,073
	27,736	*,e	CryoPort, Inc		1,891,595
	7,978	*	Cutera, Inc		193,147
	1,044,792		CVS Health Corp		74,859,347
	39,693	*	CytoSorbents Corp		416,380
	504,932		Danaher Corp		120,093,027
	62,273	*	DaVita, Inc		7,308,982
	174,566		Dentsply Sirona, Inc		9,337,535
	73,740	*	DexCom, Inc		27,641,439
	4,189	*	Eargo, Inc		220,258
	496,667	*	Edwards Lifesciences Corp		41,014,761
	13,523	*	Electromed, Inc		134,419
	78,151		Encompass Health Corp		6,283,340
	40,188		Ensign Group, Inc		3,145,917
	126,416	*	Envista Holdings Corp		4,492,825
	34,826	*	Enzo Biochem, Inc		98,209
	61,468	*	Evolent Health, Inc		1,049,259
	121	*	Exagen, Inc		1,900
	10,778	*,e	Fulgent Genetics, Inc		1,190,861
	58,482	*	GenMark Diagnostics, Inc		807,636
	34,414	*	Glaukos Corp		3,052,178
	58,427	*	Globus Medical, Inc		3,604,362
	65,797	*	Guardant Health, Inc		10,231,434
	39,411	*	Haemonetics Corp		4,504,283
	27,137	*	Hanger Inc		556,037
	214,316		HCA Healthcare, Inc		34,822,064
	26,210	*,e	Health Catalyst, Inc		1,302,113
	59,024	*	HealthEquity, Inc		4,931,455
	16,111	*	HealthStream, Inc		375,064
	113,676	*	Henry Schein, Inc		7,485,565
	5,193	*	Heska Corp		869,100
	53,659		Hill-Rom Holdings, Inc		5,153,410
	68,244	*	HMS Holdings Corp		2,512,744
	205,747	*	Hologic, Inc		16,404,208
	106,203		Humana, Inc		40,687,431
	20,965	*,e	iCAD, Inc		318,458
	15,759	*	ICU Medical, Inc		3,222,400
	67,670	*	IDEXX Laboratories, Inc		32,392,276
	5,998	*	Inari Medical, Inc		572,329
	16,221	*	InfuSystem Holdings, Inc		285,814
	14,803	*	Inogen, Inc		724,311
	60,850	*	Inovalon Holdings, Inc		1,484,740
	20,781	*	Inspire Medical Systems, Inc		4,187,579
	52,636	*	Insulet Corp		14,063,286
	26,543	*	Integer Holding Corp		1,958,873
	57,153	*	Integra LifeSciences Holdings Corp		3,774,384
	22,271	*	Intersect ENT, Inc		500,429
	13,721	*	IntriCon Corp		251,506
	92,917	*	Intuitive Surgical, Inc		69,468,466
	23,873		Invacare Corp		223,451
	161	*	iRadimed Corp		3,983
	22,977	*	iRhythm Technologies, Inc		3,869,786
	10,769	*	Joint Corp		350,316
	77,788	*	Laboratory Corp of America Holdings		17,806,451
	52,912	*	Lantheus Holdings, Inc		860,878
	17,094		LeMaitre Vascular, Inc		821,538

136

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,082	*	LENSAR, Inc	$	56,493
	23,977	*	LHC Group, Inc		4,776,698
	39,946	*	LivaNova plc		2,512,603
	19,000	*	Magellan Health Services, Inc		1,785,620
	39,158	*	Masimo Corp		10,021,315
	129,274		McKesson Corp		22,554,435
	65,575	*	MEDNAX, Inc		1,788,230
	1,073,429		Medtronic plc		119,504,851
	32,063	*	Meridian Bioscience, Inc		708,592
	42,447	*	Merit Medical Systems, Inc		2,298,505
	3,778		Mesa Laboratories, Inc		1,047,035
	83,334	*,e	Milestone Scientific, Inc		235,002
	7,622	*	Misonix Inc		104,879
	9,334	*	ModivCare, Inc		1,480,092
	47,062	*	Molina Healthcare, Inc		10,052,914
	10,302		National Healthcare Corp		659,843
	14,060		National Research Corp		636,918
	23,183	*	Natus Medical, Inc		564,970
	42,090	*	Neogen Corp		3,403,818
	26,583	*	Nevro Corp		4,300,864
	44,547	*	NextGen Healthcare, Inc		881,140
	80,771	*	Novocure Ltd		13,000,900
	41,563	*	NuVasive, Inc		2,233,596
	18,282	*	Oak Street Health, Inc		948,287
	33,575	*	Omnicell, Inc		3,955,135
	6,175	*,e	Ontrak, Inc		489,616
	10,801	*	OptimizeRx Corp		487,557
	35,653	*	Option Care Health, Inc		658,867
	57,644	*	OraSure Technologies, Inc		877,918
	10,818	*	Orthofix Medical Inc		437,155
	8,748	*	OrthoPediatrics Corp		403,983
	7,332	*	Outset Medical, Inc		380,018
	58,496		Owens & Minor, Inc		1,701,064
	68,738		Patterson Cos, Inc		2,177,620
	94,787	*,e	PAVmed, Inc		194,313
	20,518	*	Pennant Group, Inc		1,103,253
	26,313	*	Penumbra, Inc		6,870,061
	19,145	*,e	PetIQ, Inc		663,566
	22,750	*	Phreesia, Inc		1,485,348
	92,131		Premier, Inc		3,120,477
	21,500	*	Progyny, Inc		1,005,555
	8,672	*	Pulmonx Corp		491,876
	26,726	*,e	Pulse Biosciences, Inc		912,693
	107,040		Quest Diagnostics, Inc		13,824,216
	29,798	*	Quidel Corp		7,478,404
	49,325	*	Quotient Ltd		298,910
	87,305	*	R1 RCM, Inc		2,202,705
	33,988	*	RadNet, Inc		608,725
	22,676	*	Repro-Med Systems, Inc		91,611
	115,401		Resmed, Inc		23,261,380
	10,615	*,e	Retractable Technologies, Inc		170,795
	31,391	*	Rockwell Medical, Inc		37,669
	23,866	*	Schrodinger, Inc		2,155,816
	18,396	*	SeaSpine Holdings Corp		299,119
	90,219	*	Select Medical Holdings Corp		2,318,628
	11,192	*,e	Sharps Compliance Corp		147,958

137

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	22,588	*	Shockwave Medical Inc	$	2,621,112
	20,661	*	SI-BONE, Inc		604,954
	43,122	*	Sientra, Inc		202,242
	22,703	*	Silk Road Medical Inc		1,237,995
	11,450		Simulations Plus, Inc		906,153
	261	*,e	Soliton Inc		2,834
	36,743	*	Staar Surgical Co		3,769,097
	38,241	*,e	Stereotaxis, Inc		183,939
	66,878		STERIS plc		12,513,543
	278,205		Stryker Corp		61,486,087
	50,925	*	Surgalign Holdings, Inc		85,554
	17,669	*	Surgery Partners, Inc		658,700
	12,880	*	SurModics, Inc		586,040
	16,191	*,e	Tabula Rasa HealthCare, Inc		919,487
	17,101	*	Tactile Systems Technology, Inc		932,860
	47,849	*	Tandem Diabetes Care, Inc		4,433,210
	9,395	*	Tela Bio, Inc		134,349
	85,320	*,e	Teladoc, Inc		22,509,976
	37,182		Teleflex, Inc		14,041,039
	85,226	*	Tenet Healthcare Corp		4,028,633
	35,343	*,e	Tivity Health, Inc		796,985
	19,671	*	Transmedics Group, Inc		448,105
	20,488	*	Triple-S Management Corp (Class B)		480,034
	757,883		UnitedHealth Group, Inc		252,814,611
	58,922		Universal Health Services, Inc (Class B)		7,346,395
	10,927	e	US Physical Therapy, Inc		1,314,955
	1,543		Utah Medical Products, Inc		133,732
	15,842	*,e	Vapotherm, Inc		547,341
	22,834	*	Varex Imaging Corp		442,066
	72,565	*	Varian Medical Systems, Inc		12,740,237
	107,114	*	Veeva Systems, Inc		29,610,594
	27,859	*	Viemed Healthcare, Inc		233,737
	87,814	*	ViewRay, Inc		389,894
	26,060	*	Vocera Communications, Inc		1,145,337
	33,558	*,e	VolitionRX Ltd		154,702
	58,756		West Pharmaceutical Services, Inc		17,596,834
	166,312		Zimmer Biomet Holdings, Inc		25,557,165
	17,649	*,e	Zynex Inc		318,917
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		1,976,993,722
HOUSEHOLD & PERSONAL PRODUCTS - 1.5%
	28,978	*	BellRing Brands, Inc		674,028
	8,914	*	Central Garden & Pet Co		376,973
	32,738	*	Central Garden and Pet Co (Class A)		1,276,782
	196,741		Church & Dwight Co, Inc		16,610,843
	101,159		Clorox Co		21,188,764
	675,510		Colgate-Palmolive Co		52,689,780
	228,552		Coty, Inc		1,455,876
	44,425		Edgewell Personal Care Co		1,483,795
	31,250	*	elf Beauty, Inc		680,000
	50,651		Energizer Holdings, Inc		2,220,540
	177,477		Estee Lauder Cos (Class A)		41,999,932
	73,606	*	Herbalife Nutrition Ltd		3,750,962
	14,349		Inter Parfums, Inc		892,221
	272,168		Kimberly-Clark Corp		35,953,393
	8,497	*	Lifevantage Corp		75,963

138

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,701		Medifast, Inc	$	2,041,864
	3,947	*	Nature’s Sunshine Products, Inc		63,349
	42,576		Nu Skin Enterprises, Inc (Class A)		2,463,873
	2,626		Oil-Dri Corp of America		91,043
	1,957,918		Procter & Gamble Co		251,024,667
	5,496	*,e	Revlon, Inc (Class A)		63,204
	38,567		Reynolds Consumer Products Inc		1,157,010
	34,652		Spectrum Brands Holdings, Inc		2,618,652
	9,429	*	USANA Health Sciences, Inc		780,344
	62,696	*	Veru, Inc		552,979
	11,077		WD-40 Co		3,371,949
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		445,558,786
INSURANCE - 2.0%
	565,899		Aflac, Inc		25,567,317
	11,028		Alleghany Corp		6,251,222
	239,478		Allstate Corp		25,667,252
	27,286	*	AMBAC Financial Group, Inc		393,464
	74,987		American Equity Investment Life Holding Co		2,188,871
	59,470		American Financial Group, Inc		5,598,506
	690,588		American International Group, Inc		25,855,615
	5,917		American National Group, Inc		522,944
	15,859		Amerisafe, Inc		880,175
	182,738		Aon plc		37,114,088
	314,852	*	Arch Capital Group Ltd		9,889,501
	28,722	*	Argo Group International Holdings Ltd		1,158,933
	150,251		Arthur J. Gallagher & Co		17,340,468
	47,110		Assurant, Inc		6,381,992
	68,646		Assured Guaranty Ltd		2,454,095
	86,007	*	Athene Holding Ltd		3,516,826
	65,605		Axis Capital Holdings Ltd		3,011,270
	70,252	*	Brighthouse Financial, Inc		2,484,111
	186,831		Brown & Brown, Inc		8,050,548
	31,729	*	BRP Group, Inc		736,430
	361,495		Chubb Ltd		52,658,977
	119,862		Cincinnati Financial Corp		10,079,196
	32,342	*,e	Citizens, Inc (Class A)		195,669
	17,446		CNA Financial Corp		670,275
	117,062		Conseco, Inc		2,482,885
	563		Crawford & Co		4,284
	3,646		Donegal Group, Inc (Class A)		50,570
	20,917	*	eHealth, Inc		1,000,878
	30,945		Employers Holdings, Inc		943,823
	10,221	*	Enstar Group Ltd		2,046,346
	20,134		Erie Indemnity Co (Class A)		4,894,575
	31,357		Everest Re Group Ltd		6,618,836
	7,141		FBL Financial Group, Inc (Class A)		400,182
	6,057		FedNat Holding Co		31,496
	221,273		Fidelity National Financial Inc		8,032,210
	85,558		First American Financial Corp		4,473,828
	408,179	*	Genworth Financial, Inc (Class A)		1,159,228
	83,796		Globe Life, Inc		7,574,320
	32,833	*	GoHealth, Inc		437,007
	10,442		Goosehead Insurance, Inc		1,395,051
	26,615	*,e	Greenlight Capital Re Ltd (Class A)		199,879
	30,198		Hanover Insurance Group, Inc		3,396,369

139

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	285,630		Hartford Financial Services Group, Inc	$	13,715,953
	8,950		HCI Group, Inc		497,889
	33,356		Heritage Insurance Holdings, Inc		310,878
	38,394		Horace Mann Educators Corp		1,503,893
	2,871		Independence Holding Co		110,562
	763		Investors Title Co		109,109
	26,064		James River Group Holdings Ltd		1,159,327
	50,135		Kemper Corp		3,526,997
	16,754		Kinsale Capital Group, Inc		3,142,380
	10,057	*	Lemonade, Inc		1,460,779
	147,973		Lincoln National Corp		6,731,292
	190,583		Loews Corp		8,631,504
	10,825	*	Markel Corp		10,494,621
	406,290		Marsh & McLennan Cos, Inc		44,655,334
	58,050	*	MBIA, Inc		356,427
	23,043		Mercury General Corp		1,221,509
	609,883		Metlife, Inc		29,365,866
	1,920		National Western Life Group, Inc		345,600
	5,736	*	NI Holdings, Inc		97,512
	228,956		Old Republic International Corp		4,144,104
	16,616	*	Palomar Holdings, Inc		1,654,787
	31,948		Primerica, Inc		4,450,676
	216,284		Principal Financial Group		10,656,313
	45,009		ProAssurance Corp		825,015
	470,165		Progressive Corp		40,993,686
	9,175	*	ProSight Global, Inc		114,229
	3,923		Protective Insurance Corp		55,197
	313,350		Prudential Financial, Inc		24,529,038
	53,709		Reinsurance Group of America, Inc (Class A)		5,642,130
	40,736		RenaissanceRe Holdings Ltd		6,128,324
	31,029		RLI Corp		3,002,987
	12,226		Safety Insurance Group, Inc		897,877
	45,095		Selective Insurance Group, Inc		2,930,273
	24,953	*	Selectquote, Inc		527,007
	14,719		State Auto Financial Corp		243,452
	20,810		Stewart Information Services Corp		965,168
	64,678	*	Third Point Reinsurance Ltd		596,978
	14,139		Tiptree Inc		68,857
	202,396		Travelers Cos, Inc		27,586,575
	24,112	*	Trupanion, Inc		2,705,366
	13,269		United Fire Group Inc		365,428
	12,036		United Insurance Holdings Corp		61,143
	23,291		Universal Insurance Holdings, Inc		311,867
	150,715		Unum Group		3,501,109
	110,881		W.R. Berkley Corp		6,890,145
	15,218	*	Watford Holdings Ltd		525,934
	2,469		White Mountains Insurance Group Ltd		2,518,380
	102,793		Willis Towers Watson plc		20,860,811
			TOTAL INSURANCE		594,999,800
MATERIALS - 2.7%
	14,330		Advanced Emissions Solutions, Inc		72,653
	21,904	*	AdvanSix, Inc		466,993
	176,838		Air Products & Chemicals, Inc		47,173,305
	84,397		Albemarle Corp		13,728,016
	140,859	*	Alcoa Corp		2,535,462

140

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	100,911	*	Allegheny Technologies, Inc	$	1,716,496
	1,258,648		Amcor plc		13,769,609
	17,284		American Vanguard Corp		286,050
	85,983	*	Amyris, Inc		808,240
	54,067		Aptargroup, Inc		7,189,289
	79,324	*	Arconic Corp		1,998,965
	15,547		Ardagh Group S.A.		264,299
	43,074		Ashland Global Holdings, Inc		3,445,489
	66,587		Avery Dennison Corp		10,045,981
	71,357		Avient Corp		2,742,249
	165,381	*	Axalta Coating Systems Ltd		4,463,633
	25,874		Balchem Corp		2,769,294
	254,902		Ball Corp		22,436,474
	105,234	*	Berry Global Group, Inc		5,195,403
	48,358		Cabot Corp		2,123,400
	11,651		Caledonia Mining Corp plc		175,114
	37,844		Carpenter Technology Corp		1,182,247
	91,951		Celanese Corp (Series A)		11,231,815
	38,515	*	Century Aluminum Co		375,521
	167,177		CF Industries Holdings, Inc		6,917,784
	5,739		Chase Corp		575,277
	130,519		Chemours Co		3,437,870
	13,347	*	Clearwater Paper Corp		508,254
	319,384		Cleveland-Cliffs, Inc		4,899,351
	197,229	*	Coeur Mining, Inc		1,784,922
	95,395		Commercial Metals Co		1,878,327
	28,562		Compass Minerals International, Inc		1,664,022
	600,338		Corteva, Inc		23,929,473
	102,169	*	Crown Holdings, Inc		9,210,535
	46,986		Domtar Corp		1,408,170
	595,062		Dow, Inc		30,883,718
	589,083		DuPont de Nemours, Inc		46,802,644
	32,403		Eagle Materials, Inc		3,565,302
	108,374		Eastman Chemical Co		10,658,583
	199,173		Ecolab, Inc		40,732,870
	178,521		Element Solutions, Inc		3,040,213
	75,640	*	Ferro Corp		1,043,076
	48,283	*,†	Ferroglobe plc		0
	101,502		FMC Corp		10,991,652
	25,160	*	Forterra, Inc		460,428
	1,156,235	*	Freeport-McMoRan, Inc (Class B)		31,114,284
	25,108		FutureFuel Corp		333,936
	18,794	*	Gatos Silver, Inc		248,269
	40,309	*	GCP Applied Technologies, Inc		999,260
	39,258		Glatfelter Corp		614,388
	35,140		Gold Resource Corp		99,095
	204,627		Graphic Packaging Holding Co		3,204,459
	21,501		Greif, Inc (Class A)		970,985
	5,983		Greif, Inc (Class B)		273,423
	41,573		H.B. Fuller Co		2,115,650
	7,702		Hawkins, Inc		423,071
	7,327		Haynes International, Inc		169,913
	412,255		Hecla Mining Co		2,345,731
	156,767		Huntsman Corp		4,141,784
	31,924	*	Ingevity Corp		2,097,088
	21,475		Innospec, Inc		1,885,290

141

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	85,214	e	International Flavors & Fragrances, Inc	$	9,576,349
	312,318		International Paper Co		15,712,719
	16,708	*	Intrepid Potash, Inc		379,773
	15,164		Kaiser Aluminum Corp		1,314,719
	12,426	*	Koppers Holdings, Inc		413,537
	24,477	*	Kraton Corp		687,314
	17,841		Kronos Worldwide, Inc		252,629
	421,729		Linde plc		103,492,297
	117,330	*	Livent Corp		2,137,753
	84,912		Louisiana-Pacific Corp		3,227,505
	205,418		LyondellBasell Industries NV		17,616,648
	1,527	*	Marrone Bio Innovations, Inc		2,535
	49,607		Martin Marietta Materials, Inc		14,257,548
	16,456		Materion Corp		1,122,135
	31,379		Minerals Technologies, Inc		1,933,888
	275,862		Mosaic Co		7,161,377
	24,595		Myers Industries, Inc		493,130
	15,338		Neenah Inc		781,011
	5,681		NewMarket Corp		2,228,031
	644,636		Newmont Goldcorp Corp		38,420,306
	187,119	*	Novagold Resources Inc		1,706,525
	240,825		Nucor Corp		11,735,402
	131,800		O-I Glass, Inc		1,665,952
	116,854		Olin Corp		2,793,979
	5,860		Olympic Steel, Inc		79,989
	44,569		Orion Engineered Carbons SA		678,786
	75,006		Packaging Corp of America		10,085,307
	23,022	*	Pactiv Evergreen, Inc		325,301
	187,638		PPG Industries, Inc		25,276,715
	33,843		PQ Group Holdings, Inc		466,356
	10,422		Quaker Chemical Corp		2,731,919
	24,034	*	Ranpak Holdings Corp		416,750
	52,090	*	Rayonier Advanced Materials, Inc		360,463
	49,729		Reliance Steel & Aluminum Co		5,772,542
	52,644		Royal Gold, Inc		5,626,591
	100,140		RPM International, Inc		8,258,546
	11,406	*	Ryerson Holding Corp		140,750
	15,755		Schnitzer Steel Industries, Inc (Class A)		465,088
	25,956		Schweitzer-Mauduit International, Inc		964,006
	32,804		Scotts Miracle-Gro Co (Class A)		7,263,134
	123,976		Sealed Air Corp		5,240,465
	32,817		Sensient Technologies Corp		2,314,583
	65,854		Sherwin-Williams Co		45,557,797
	62,514		Silgan Holdings, Inc		2,277,385
	79,827		Sonoco Products Co		4,622,782
	68,660		Southern Copper Corp (NY)		4,559,711
	159,087		Steel Dynamics, Inc		5,451,911
	17,654		Stepan Co		1,989,253
	93,665	*	Summit Materials, Inc		1,922,942
	66,599		SunCoke Energy, Inc		328,333
	79,910	*	TimkenSteel Corp		401,947
	9,133	*	Trecora Resources		57,629
	15,869		Tredegar Corp		231,529
	33,542		Trinseo S.A.		1,704,940
	72,312		Tronox Holdings plc		1,109,989
	3,261	*	UFP Technologies, Inc		150,039

142

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	834		United States Lime & Minerals, Inc	$	100,914
	166,316	e	United States Steel Corp		2,953,772
	18,032	*	US Concrete, Inc		798,637
	146,705		Valvoline, Inc		3,482,777
	28,800		Verso Corp		331,200
	106,038		Vulcan Materials Co		15,814,507
	41,260		Warrior Met Coal, Inc		949,805
	27,085		Westlake Chemical Corp		2,070,919
	205,389		WestRock Co		8,509,266
	30,297		Worthington Industries, Inc		1,585,745
	45,169		WR Grace and Co		2,620,705
			TOTAL MATERIALS		836,789,881
MEDIA & ENTERTAINMENT - 8.3%
	614,824		Activision Blizzard, Inc		55,948,984
	240,845	*	Alphabet, Inc (Class A)		440,110,519
	233,302	*	Alphabet, Inc (Class C)		428,281,813
	234,374	*	Altice USA, Inc		8,336,683
	41,613		AMC Entertainment Holdings, Inc		551,788
	28,698	*	AMC Networks, Inc		1,418,255
	8,647	*	Boston Omaha Corp		236,063
	4,277		Cable One, Inc		8,554,000
	21,021	*	Cardlytics, Inc		2,570,238
	68,080	*	Cargurus, Inc		1,991,340
	71,877	*	Cars.com, Inc		834,492
	115,898	*	Charter Communications, Inc		70,414,989
	87,962	e	Cinemark Holdings, Inc		1,780,351
	3,631,152		Comcast Corp (Class A)		179,996,205
	37,208	*	comScore, Inc		118,694
	470	*	Daily Journal Corp		156,980
	39,986	*	DHI Group, Inc		99,965
	124,466	*,e	Discovery, Inc (Class A)		5,155,382
	246,061	*	Discovery, Inc (Class C)		8,619,517
	195,197	*	DISH Network Corp (Class A)		5,664,617
	228,799		Electronic Arts, Inc		32,764,017
	63,454		Emerald Holding, Inc		257,623
	93,806		Entercom Communications Corp (Class A)		436,198
	41,363		Entravision Communications Corp (Class A)		132,362
	118,250	*,e	Eros International plc		224,675
	51,662	*,e	Eventbrite Inc		922,167
	11,437	*	EverQuote Inc		515,351
	35,051		EW Scripps Co (Class A)		519,105
	1,924,759	*	Facebook, Inc		497,222,992
	14,369	*	Fluent, Inc		77,880
	270,850		Fox Corp (Class A)		8,445,103
	126,403		Fox Corp (Class B)		3,778,186
	5,234	*	Gaia, Inc		47,839
	114,436	*	Glu Mobile, Inc		1,008,181
	74,658	*	Gray Television, Inc		1,272,919
	9,282	*	Hemisphere Media Group, Inc		96,904
	60,014	*	IAC/InterActive Corp		12,599,939
	48,581	*	iHeartMedia, Inc		706,368
	40,111	*	Imax Corp		758,098
	304,222		Interpublic Group of Cos, Inc		7,322,624
	39,246		John Wiley & Sons, Inc (Class A)		1,790,010
	6,535	*,e	Liberty Braves Group (Class A)		178,798

143

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	33,020	*	Liberty Braves Group (Class C)	$	884,276
	19,905	*	Liberty Broadband Corp (Class A)		2,889,609
	130,091	*	Liberty Broadband Corp (Class C)		18,999,718
	19,292	*	Liberty Media Group (Class A)		699,335
	159,375	*	Liberty Media Group (Class C)		6,411,656
	65,450	*	Liberty SiriusXM Group (Class A)		2,645,489
	137,420	*	Liberty SiriusXM Group (Class C)		5,573,755
	73,663	*	Liberty TripAdvisor Holdings, Inc		300,545
	47,510	*	Lions Gate Entertainment Corp (Class A)		664,665
	92,384	*	Lions Gate Entertainment Corp (Class B)		1,141,866
	113,788	*	Live Nation, Inc		7,561,213
	18,131	*,e	LiveXLive Media, Inc		69,079
	10,380		Loral Space & Communications, Inc		263,652
	14,556	*	Madison Square Garden Co		2,356,471
	14,556	*	Madison Square Garden Entertainment Corp		1,291,845
	26,238		Marcus Corp		461,789
	178,475	*	Match Group, Inc		24,961,513
	8,185	*	MediaAlpha, Inc		450,175
	35,804		Meredith Corp		785,182
	39,398	*	MSG Networks, Inc		680,403
	49,795		National CineMedia, Inc		207,396
	340,880	*	Netflix, Inc		181,481,103
	130,408		New York Times Co (Class A)		6,466,933
	313,449		News Corp (Class A)		6,080,911
	99,469		News Corp (Class B)		1,877,975
	33,417		Nexstar Media Group Inc		3,798,510
	166,828		Omnicom Group, Inc		10,406,731
	321,898	*	Pinterest, Inc		22,053,232
	43,758	*	QuinStreet, Inc		926,357
	86,813	*	Roku, Inc		33,772,861
	1,557		Saga Communications, Inc		35,032
	23,890		Scholastic Corp		615,645
	39,577		Sinclair Broadcast Group, Inc (Class A)		1,247,071
	926,441	e	Sirius XM Holdings, Inc		5,799,521
	105,160	*	Spotify Technology S.A.		33,125,400
	90,063	*	Take-Two Interactive Software, Inc		18,053,128
	20,403	*	TechTarget, Inc		1,524,104
	179,899		TEGNA, Inc		2,883,781
	13,052		Tribune Publishing Co		190,690
	77,824	*	TripAdvisor, Inc		2,410,209
	91,287	*	TrueCar, Inc		408,966
	624,187	*	Twitter, Inc		31,540,169
	7,817		ViacomCBS, Inc (Class A)		380,375
	434,819		ViacomCBS, Inc (Class B)		21,088,721
	1,449,201	*	Walt Disney Co		243,712,132
	42,232	*	WideOpenWest, Inc		449,771
	36,271		World Wrestling Entertainment, Inc (Class A)		2,043,145
	59,867	*	Yelp, Inc		1,951,066
	46,263	*	Zillow Group, Inc (Class A)		6,417,603
	115,295	*	Zillow Group, Inc (Class C)		15,041,386
	707,420	*	Zynga, Inc		7,010,532
			TOTAL MEDIA & ENTERTAINMENT		2,534,010,906
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.8%
	46,279	*	10X Genomics, Inc		7,920,651
	5,492	*	89bio, Inc		111,488

144

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,413,569		AbbVie, Inc	$	144,862,551
	55,363	*	Abeona Therapeutics, Inc		105,743
	88,266	*	Acadia Pharmaceuticals, Inc		4,241,181
	41,617	*	Acceleron Pharma, Inc		4,808,012
	68,121	*	AcelRx Pharmaceuticals, Inc		149,866
	60,834	*	Adaptive Biotechnologies Corp		3,374,462
	50,388	*,e	ADMA Biologics, Inc		111,861
	68,997	*	Adverum Biotechnologies, Inc		850,733
	34,304	*	Aeglea BioTherapeutics, Inc		238,413
	29,880	*	Aerie Pharmaceuticals, Inc		513,637
	57,863	*	Affimed NV		331,555
	118,690	*	Agenus, Inc		436,779
	72,464	*,e	Agile Therapeutics, Inc		204,348
	247,637		Agilent Technologies, Inc		29,758,538
	47,081	*	Agios Pharmaceuticals, Inc		2,211,395
	108,921	*	Akebia Therapeutics, Inc		352,904
	10,592	*	Akero Therapeutics, Inc		311,617
	11,326	*	Akouos, Inc		180,310
	10,417	*	Albireo Pharma, Inc		381,991
	71,596	*,†	Alder Biopharmaceuticals Inc		63,004
	37,646	*	Alector, Inc		633,959
	170,364	*	Alexion Pharmaceuticals, Inc		26,121,912
	8,028	*	Aligos Therapeutics, Inc		226,149
	125,057	*	Alkermes plc		2,624,946
	19,825	*	Allakos, Inc		2,643,267
	42,271	*	Allogene Therapeutics, Inc		1,466,804
	14,074	*	Allovir, Inc		514,686
	92,589	*	Alnylam Pharmaceuticals, Inc		13,932,793
	7,482	*	ALX Oncology Holdings, Inc		592,948
	468,794		Amgen, Inc		113,180,935
	199,360	*	Amicus Therapeutics, Inc		3,769,898
	93,531	*,e	Amneal Pharmaceuticals, Inc		449,884
	30,621	*	Amphastar Pharmaceuticals, Inc		556,690
	16,335	*	AnaptysBio, Inc		423,403
	35,161	*,e	Anavex Life Sciences Corp		220,811
	5,085	*	ANI Pharmaceuticals, Inc		145,126
	8,992	*	Anika Therapeutics, Inc		332,794
	9,685	*	Annexon, Inc		213,070
	45,552	*	Apellis Pharmaceuticals, Inc		2,016,587
	29,630	*,e	Applied Genetic Technologies Corp		116,742
	9,675	*	Applied Molecular Transport, Inc		339,109
	13,096	*,e	Applied Therapeutics, Inc		274,230
	5,480	*,e	Aprea Therapeutics, Inc		30,250
	48,662	*,e	Aptinyx, Inc		169,344
	16,175	*,e	Aquestive Therapeutics, Inc		85,566
	13,967	*,e	Aravive Inc		73,327
	17,502	*,e	Arcturus Therapeutics Holdings, Inc		1,268,195
	33,045	*	Arcus Biosciences, Inc		1,147,653
	13,405	*	Arcutis Biotherapeutics, Inc		365,822
	51,662	*	Ardelyx, Inc		350,785
	45,811	*	Arena Pharmaceuticals, Inc		3,401,009
	80,693	*	Arrowhead Pharmaceuticals Inc		6,227,079
	26,480	*	Arvinas, Inc		1,997,651
	23,728	*	Assembly Biosciences, Inc		132,402
	57,834	*	Atara Biotherapeutics, Inc		1,067,616
	10,736	*	Atea Pharmaceuticals, Inc		783,728

145

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	56,635	*	Athenex, Inc	$	740,219
	141,303	*,e	Athersys, Inc		273,421
	10,217	*	Athira Pharma, Inc		217,826
	20,083	*	Atreca, Inc		261,079
	395,451	*	Avantor, Inc		11,661,850
	18,249	*,e	Avenue Therapeutics, Inc		108,034
	17,272	*	AVEO Pharmaceuticals, Inc		136,967
	44,172	*	Avid Bioservices, Inc		644,469
	13,061	*	Avidity Biosciences, Inc		298,836
	26,435	*	Avrobio, Inc		378,285
	37,400	*	Axcella Health, Inc		203,456
	22,210	*	Axsome Therapeutics, Inc		1,512,279
	1,870	*,e	Aytu BioScience, Inc		13,352
	30,904	*,e	Beam Therapeutics, Inc		2,980,073
	14,560	*	Berkeley Lights, Inc		1,048,320
	14,536	*	Beyondspring Inc		176,467
	141,139	*	BioCryst Pharmaceuticals, Inc		1,202,504
	61,266	*	BioDelivery Sciences International, Inc		235,874
	125,588	*	Biogen, Inc		35,492,425
	38,392	*	Biohaven Pharmaceutical Holding Co Ltd		3,271,766
	144,448	*	BioMarin Pharmaceutical, Inc		11,957,405
	16,874	*	Bio-Rad Laboratories, Inc (Class A)		9,681,795
	30,598		Bio-Techne Corp		9,941,596
	10,249	*	Bioxcel Therapeutics Inc		474,734
	12,879	*	Black Diamond Therapeutics, Inc		319,013
	51,175	*	Bluebird Bio, Inc		2,279,846
	43,480	*	Blueprint Medicines Corp		4,206,690
	31,725	*	BrainStorm Cell Therapeutics, Inc		191,619
	73,820	*,e	Bridgebio Pharma, Inc		4,190,012
	1,815,259		Bristol-Myers Squibb Co		111,511,360
	82,864		Bruker BioSciences Corp		4,796,997
	8,485	*	C4 Therapeutics, Inc		306,478
	6,432	*,e	Cabaletta Bio, Inc		83,809
	83,101	*	Calithera Biosciences, Inc		238,500
	4,890	*,e	Calyxt, Inc		43,423
	33,868	*,e	Cara Therapeutics, Inc		633,332
	37,501	*	CareDx, Inc		2,866,201
	32,782	*	CASI Pharmaceuticals, Inc		110,148
	18,897	*,e	Cassava Sciences, Inc		374,539
	27,064	*,e	Catabasis Pharmaceuticals, Inc		112,316
	129,794	*	Catalent, Inc		14,932,800
	78,821	*	Catalyst Pharmaceuticals, Inc		286,908
	7,851	*	Cellular Biomedicine Group, Inc		153,880
	29,568	*,e	CEL-SCI Corp		737,722
	68	*	Centogene NV		718
	78,552	*	Cerecor Inc		247,439
	39,110	*	Charles River Laboratories International, Inc		10,131,445
	97,406	*,e	Checkpoint Therapeutics Inc		316,569
	39,554	*	ChemoCentryx, Inc		2,254,974
	41,097	*	Chiasma, Inc		162,744
	86,489	*	Chimerix, Inc		733,427
	27,694	*	Chinook Therapeutics, Inc		392,424
	34,246	*	ChromaDex Corp		162,326
	51,151	*	Cidara Therapeutics, Inc		125,320
	64,876	*,e	Clovis Oncology, Inc		512,520
	41,571	*	Codexis, Inc		968,189

146

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	46,985	*	Coherus Biosciences, Inc	$	883,318
	25,433	*	Collegium Pharmaceutical, Inc		613,953
	30,891	*	Concert Pharmaceuticals, Inc		323,429
	22,574	*	Constellation Pharmaceuticals, Inc		744,265
	26,842	*	ContraFect Corp		131,257
	55,322	*,e	Corbus Pharmaceuticals Holdings, Inc		101,239
	73,863	*	Corcept Therapeutics, Inc		2,087,368
	21,126	*,e	CorMedix Inc		184,852
	12,822	*,e	Cortexyme Inc		502,879
	22,077	*	Crinetics Pharmaceuticals, Inc		316,805
	24,217	*	Cue Biopharma, Inc		327,898
	54,474	*	Cymabay Therapeutics, Inc		291,436
	51,919	*,e	Cytokinetics, Inc		1,021,247
	30,020	*	CytomX Therapeutics, Inc		207,438
	30,488	*	Deciphera Pharmaceuticals, Inc		1,347,570
	50,211	*	Denali Therapeutics, Inc		3,439,453
	13,115	*,e	DermTech, Inc		537,453
	49,976	*	Dicerna Pharmaceuticals, Inc		1,122,961
	161,075	*	Durect Corp		331,814
	20,577	*	Dyadic International, Inc		114,614
	91,273	*,e	Dynavax Technologies Corp		575,933
	7,289	*	Dyne Therapeutics, Inc		140,896
	11,556	*	Eagle Pharmaceuticals, Inc		539,319
	50,184	*	Editas Medicine, Inc		3,078,788
	19,717	*	Eiger BioPharmaceuticals, Inc		189,480
	362,763	*	Elanco Animal Health, Inc		10,531,010
	677,627		Eli Lilly & Co		140,926,087
	14,278	*,e	Eloxx Pharmaceuticals, Inc		49,116
	36,075	*	Emergent Biosolutions, Inc		3,854,614
	14,213	*	Enanta Pharmaceuticals, Inc		683,077
	181,166	*	Endo International plc		1,318,888
	504	*,e	Enochian Biosciences Inc		1,910
	64,407	*	Epizyme, Inc		705,257
	21,248	*,e	Esperion Thereapeutics, Inc		669,100
	423	*,e	Evelo Biosciences, Inc		7,424
	59,988	*,e	Evofem Biosciences Inc		157,768
	22,516	*,e	Evolus, Inc		152,208
	119,189	*	Exact Sciences Corp		16,347,963
	244,572	*	Exelixis, Inc		5,431,944
	70,922	*	Exicure, Inc		151,064
	58,562	*	Fate Therapeutics, Inc		5,307,474
	21,763	*,e	Fennec Pharmaceuticals, Inc		156,694
	67,209	*	FibroGen, Inc		3,238,130
	18,012	*	Five Prime Therapeutics, Inc		301,161
	26,856	*,e	Flexion Therapeutics, Inc		326,838
	50,859	*	Fluidigm Corp		329,566
	12,575	*	Forma Therapeutics Holdings, Inc		485,772
	73,530	*	Fortress Biotech, Inc		234,561
	22,920	*	Frequency Therapeutics, Inc		893,651
	11,092	*	Fulcrum Therapeutics, Inc		122,678
	27,157	*	G1 Therapeutics, Inc		655,298
	75,191	*,e	Galectin Therapeutics, Inc		147,374
	9,560	*	Generation Bio Co		251,715
	23,320	*,e	Genprex, Inc		104,240
	200,049	*,e	Geron Corp		356,087
	1,007,313		Gilead Sciences, Inc		66,079,733

147

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	45,561	*	Global Blood Therapeutics, Inc	$	2,283,517
	22,054	*	GlycoMimetics, Inc		80,056
	44,377	*	Gossamer Bio, Inc		448,208
	53,752	*,e	Gritstone Oncology, Inc		972,911
	109,149	*	Halozyme Therapeutics, Inc		5,194,401
	6,122	*	Harpoon Therapeutics, Inc		118,032
	35,907	*	Harrow Health, Inc		323,163
	63,695	*	Harvard Bioscience, Inc		295,545
	71,504	*	Heron Therapeutics, Inc		1,241,309
	29,898	*	Homology Medicines, Inc		363,261
	17,936	*,e	Hookipa Pharma, Inc		191,736
	156,176	*	Horizon Therapeutics Plc		11,319,636
	87,042	*,e	iBio, Inc		139,267
	14,055	*	Ideaya Biosciences, Inc		247,087
	6,220	*,e	IGM Biosciences, Inc		593,015
	117,697	*	Illumina, Inc		50,190,709
	2,811	*	Immunic, Inc		46,550
	149,740	*	Immunogen, Inc		1,067,646
	27,216	*	Immunovant, Inc		1,062,240
	145,951	*	Incyte Corp		13,099,102
	6,092	*	Inhibrx, Inc		193,116
	52,569	*	Innoviva, Inc		631,354
	125,794	*	Inovio Pharmaceuticals, Inc		1,603,873
	5,115	*	Inozyme Pharma, Inc		107,620
	79,098	*	Insmed, Inc		2,973,294
	40,041	*	Intellia Therapeutics, Inc		2,507,367
	22,545	*	Intercept Pharmaceuticals, Inc		794,486
	47,970	*	Intra-Cellular Therapies, Inc		1,542,235
	92,476	*,e	Invitae Corp		4,579,412
	102,899	*	Ionis Pharmaceuticals, Inc		6,181,143
	110,036	*	Iovance Biotherapeutics, Inc		4,823,978
	152,327	*	IQVIA Holdings, Inc		27,083,741
	123,559	*	Ironwood Pharmaceuticals, Inc		1,262,773
	6,657	*	iTeos Therapeutics, Inc		213,024
	57,635	*	IVERIC bio, Inc		303,160
	43,406	*	Jazz Pharmaceuticals plc		6,749,633
	2,117,379		Johnson & Johnson		345,408,036
	8,662	*	Jounce Therapeutics, Inc		97,881
	135,416	*	Kadmon Holdings, Inc		649,997
	39,282	*,e	Kala Pharmaceuticals, Inc		291,865
	28,085	*,e	Kaleido Biosciences Inc		419,871
	25,478	*	KalVista Pharmaceuticals Inc		387,266
	12,615	*	Karuna Therapeutics, Inc		1,251,786
	48,977	*	Karyopharm Therapeutics, Inc		745,920
	9,419	*	Keros Therapeutics, Inc		537,354
	37,630	*	Kezar Life Sciences, Inc		199,815
	35,019	*	Kindred Biosciences, Inc		175,095
	17,956	*	Kiniksa Pharmaceuticals Ltd		353,554
	27,865	*,e	Kodiak Sciences, Inc		3,519,628
	11,007	*	Kronos Bio, Inc		302,582
	10,884	*	Krystal Biotech Inc		758,615
	45,810	*	Kura Oncology, Inc		1,372,009
	7,639	*	Kymera Therapeutics, Inc		473,236
	10,743	*,e	La Jolla Pharmaceutical Co		65,747
	25,546	*,e	Lannett Co, Inc		197,982
	32,872	*,e	Lexicon Pharmaceuticals, Inc		260,018

148

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	11,717	*,e	Ligand Pharmaceuticals, Inc (Class B)	$	2,171,746
	31,107	*,e	Liquidia Technologies, Inc		85,233
	395	*	LogicBio Therapeutics, Inc		3,184
	34,895		Luminex Corp		980,201
	62,397	*	MacroGenics, Inc		1,275,395
	7,135	*,e	Madrigal Pharmaceuticals, Inc		847,353
	16,996	*	Magenta Therapeutics, Inc		150,245
	154,295	*	MannKind Corp		543,118
	17,155	*,e	Marinus Pharmaceuticals, Inc		213,237
	96,614	*,e	Marker Therapeutics Inc		185,499
	52,150	*	MediciNova, Inc		300,906
	21,566	*	Medpace Holdings, Inc		2,863,749
	69,191	*	MEI Pharma, Inc		223,487
	11,823	*	MeiraGTx Holdings plc		169,424
	2,023,590		Merck & Co, Inc		155,958,081
	43,368	*	Mersana Therapeutics, Inc		826,594
	18,890	*	Mettler-Toledo International, Inc		22,065,409
	25,528	*	Minerva Neurosciences, Inc		81,434
	36,245	*	Mirati Therapeutics, Inc		7,442,186
	5,376	*	Mirum Pharmaceuticals, Inc		97,413
	229,611	*	Moderna, Inc		39,759,441
	17,414	*	Molecular Templates, Inc		199,390
	11,153	*,e	Morphic Holding, Inc		375,410
	968	*	Mustang Bio, Inc		4,037
	53,111	*	Myriad Genetics, Inc		1,463,208
	32,815	*	NanoString Technologies, Inc		2,298,034
	23,404	*,e	NantKwest, Inc		441,751
	58,474	*	Natera, Inc		6,235,667
	139,476	*	Nektar Therapeutics		2,747,677
	83,855	*	NeoGenomics, Inc		4,445,992
	24,237	*	Neoleukin Therapeutics, Inc		305,386
	20,430	*	Neubase Therapeutics, Inc		186,935
	73,414	*	Neurocrine Biosciences, Inc		8,057,187
	12,885	*	NextCure Inc		149,337
	17,618	*	NGM Biopharmaceuticals Inc		452,078
	12,693	*,e	Nkarta, Inc		503,404
	49,240	*	Novavax, Inc		10,879,086
	8,696	*	Nurix Therapeutics, Inc		316,360
	55,556	*,e	Nymox Pharmaceutical Corp		132,779
	57,733	*	Ocular Therapeutix, Inc		1,047,854
	13,206	*	Odonate Therapeutics, Inc		305,191
	55,127	*,e	Omeros Corp		1,072,771
	64,026	*,e	Oncocyte Corp		327,813
	319,376	*,e	Opko Health, Inc		1,727,824
	19,877	*,e	Optinose, Inc		79,110
	21,434	*	Organogenesis Holdings Inc		224,200
	29,283	*	Orgenesis, Inc		190,632
	15,190	*	ORIC Pharmaceuticals, Inc		445,371
	18,519	*,e	Osmotica Pharmaceuticals plc		77,224
	35,176	*,e	Ovid therapeutics, Inc		98,845
	4,552	*	Oyster Point Pharma, Inc		85,441
	137,313	*	Pacific Biosciences of California, Inc		4,442,076
	32,675	*	Pacira BioSciences Inc		2,159,164
	34,119	*	Paratek Pharmaceuticals, Inc		221,432
	19,788	*	Passage Bio, Inc		369,244
	89,046		PerkinElmer, Inc		13,095,995

149

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	109,967		Perrigo Co plc	$	4,695,591
	19,057	*	Personalis, Inc		733,123
	25,003	*,†	Pfenex, Inc		18,752
	4,461,576		Pfizer, Inc		160,170,578
	29,202	*,e	PhaseBio Pharmaceuticals Inc		112,428
	8,447	*,e	Phathom Pharmaceuticals, Inc		325,210
	12,126		Phibro Animal Health Corp		251,493
	20,154	*	Pieris Pharmaceuticals, Inc		51,191
	5,930	*,e	Pliant Therapeutics, Inc		145,937
	10,300	*	PMV Pharmaceuticals, Inc		351,642
	11,274	*,e	Poseida Therapeutics, Inc		98,084
	127,294	*	PPD, Inc		4,093,775
	50,302	*	PRA Health Sciences, Inc		6,199,218
	8,376	*	Praxis Precision Medicines, Inc		426,255
	58,974	*	Precigen, Inc		501,279
	27,039	*	Precision BioSciences Inc		327,713
	6,868	*	Prelude Therapeutics, Inc		446,077
	41,502	*	Prestige Consumer Healthcare, Inc.		1,660,080
	72,597	*,†	Progenics Pharmaceuticals, Inc		0
	25,106	*	Protagonist Therapeutics, Inc		519,945
	27,173	*	Prothena Corp plc		304,609
	34,533	*	Provention Bio, Inc		475,519
	50,067	*	PTC Therapeutics, Inc		2,894,874
	19,518	*	Puma Biotechnology, Inc		229,141
	179,303	*	QIAGEN NV		9,709,257
	15,418	*	Quanterix Corp		998,161
	41,785	*	Radius Health, Inc		781,380
	8,929	*	RAPT Therapeutics, Inc		177,866
	18,930	*	Reata Pharmaceuticals, Inc		1,960,959
	48,451	*	Recro Pharma, Inc		151,652
	77,606	*	Regeneron Pharmaceuticals, Inc		39,101,007
	29,204	*	REGENXBIO, Inc		1,207,001
	25,139	*	Relay Therapeutics, Inc		1,246,392
	11,432	*,e	Relmada Therapeutics, Inc		373,598
	41,871	*	Repligen Corp		8,374,200
	15,889	*	Replimune Group, Inc		616,493
	45,912	*	Revance Therapeutics, Inc		1,168,001
	29,874	*	REVOLUTION Medicines, Inc		1,258,890
	24,644	*	Rhythm Pharmaceuticals, Inc		756,324
	92,187	*	Rigel Pharmaceuticals, Inc		335,561
	27,002	*	Rocket Pharmaceuticals, Inc		1,487,270
	82,098		Royalty Pharma plc		3,859,427
	29,232	*,e	Rubius Therapeutics, Inc		349,907
	41,478	*	Sage Therapeutics, Inc		3,345,201
	93,549	*	Sangamo Therapeutics Inc		1,277,879
	59,517	*	Sarepta Therapeutics, Inc		5,320,820
	4,005	*	Satsuma Pharmaceuticals, Inc		23,309
	18,239	*,e	Scholar Rock Holding Corp		1,088,139
	23,810	*	scPharmaceuticals, Inc		150,955
	99,698	*	Seagen, Inc		16,377,390
	66,446	*	Selecta Biosciences, Inc		265,784
	43,674	*	Seres Therapeutics, Inc		1,037,258
	9,998	*	Shattuck Labs, Inc		496,001
	49,591	*	SIGA Technologies, Inc		320,358
	46,649	*	Soleno Therapeutics, Inc		91,432
	6,328	*	Solid Biosciences, Inc		41,259

150

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	199,016	*,e	Sorrento Therapeutics, Inc	$	2,519,543
	119,880	*	Spectrum Pharmaceuticals, Inc		430,369
	14,750	*,e	Spero Therapeutics, Inc		267,123
	17,291	*	SpringWorks Therapeutics, Inc		1,440,513
	9,897	*	Stoke Therapeutics, Inc		604,509
	48,076	*	Strongbridge Biopharma plc		129,805
	37,057	*	Supernus Pharmaceuticals, Inc		1,089,105
	22,286	*	Sutro Biopharma, Inc		493,635
	21,852	*	Syndax Pharmaceuticals, Inc		437,914
	64,899	*	Syneos Health, Inc		4,825,241
	33,750	*	Syros Pharmaceuticals, Inc		369,394
	4,889	*	Tarsus Pharmaceuticals, Inc		184,315
	19,876	*	TCR2 Therapeutics Inc		511,409
	91,679	*	TG Therapeutics, Inc		4,425,345
	230,647	*,e	TherapeuticsMD, Inc		380,568
	40,680	*	Theravance Biopharma, Inc		758,275
	318,191		Thermo Fisher Scientific, Inc		162,181,953
	53,759	*	Translate Bio, Inc		1,283,765
	34,380	*	Travere Therapeutics, Inc		868,095
	25,081	*	Tricida, Inc		165,033
	28,800	*	Turning Point Therapeutics Inc		3,614,112
	26,083	*	Twist Bioscience Corp		4,291,697
	141,966	*,e	Tyme Technologies, Inc		244,182
	48,636	*,e	Ultragenyx Pharmaceutical, Inc		6,740,463
	34,562	*	United Therapeutics Corp		5,661,947
	41,225	*,e	UNITY Biotechnology, Inc		246,319
	14,050	*,e	UroGen Pharma Ltd		310,083
	45,133	*	Vanda Pharmaceuticals, Inc		647,207
	41,727	*,e	Vaxart Inc		499,889
	14,209	*,e	Vaxcyte, Inc		348,547
	127,867	*,e	VBI Vaccines, Inc		416,846
	45,024	*	Veracyte, Inc		2,552,861
	134,281	*	Verastem, Inc		261,848
	36,565	*	Vericel Corp		1,509,038
	12,843	*,e	Verrica Pharmaceuticals, Inc		150,905
	208,244	*	Vertex Pharmaceuticals, Inc		47,704,536
	953,648	*	Viatris, Inc		16,202,480
	16,765	*,e	Viela Bio, Inc		581,410
	60,771	*,e	Viking Therapeutics, Inc		444,236
	41,403	*,e	Vir Biotechnology, Inc		2,672,150
	19,222	*	Voyager Therapeutics, Inc		145,126
	113,594	*,e	VYNE Therapeutics, Inc		224,916
	48,960	*	Waters Corp		12,958,243
	22,758	*	WaVe Life Sciences Ltd		231,449
	20,872	*	X4 Pharmaceuticals, Inc		163,010
	14,762	*,e	XBiotech, Inc		276,492
	45,046	*	Xencor, Inc		2,060,855
	29,278	*	Xeris Pharmaceuticals, Inc		148,732
	24,276	*	Y-mAbs Therapeutics, Inc		1,019,835
	20,754	*	Zentalis Pharmaceuticals, Inc		796,331
	173,675	*,e	ZIOPHARM Oncology, Inc		644,334
	382,097		Zoetis, Inc		58,938,462
	45,182	*	Zogenix, Inc		856,651
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		2,381,264,839

151

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 3.2%
	72,354		Acadia Realty Trust	$	1,049,133
	41,545		Agree Realty Corp		2,625,644
	61,154		Alexander & Baldwin, Inc		924,648
	2,129		Alexander’s, Inc		568,869
	106,125		Alexandria Real Estate Equities, Inc		17,734,549
	12,571		Alpine Income Property Trust, Inc		193,845
	7,051	*	Altisource Portfolio Solutions S.A.		71,427
	39,364		American Assets Trust, Inc		1,087,627
	107,937		American Campus Communities, Inc		4,442,687
	79,965		American Finance Trust, Inc		582,145
	218,261		American Homes 4 Rent		6,598,030
	353,272		American Tower Corp		80,319,922
	163,423		Americold Realty Trust		5,705,097
	117,471	*	Apartment Income REIT Corp		4,554,351
	117,471		Apartment Investment and Management Co		539,192
	170,238		Apple Hospitality REIT, Inc		2,124,570
	28,825		Armada Hoffler Properties, Inc		309,869
	112,690		AvalonBay Communities, Inc		18,443,972
	19,057		Bluerock Residential Growth REIT, Inc		199,336
	123,944		Boston Properties, Inc		11,312,369
	136,083		Brandywine Realty Trust		1,496,913
	234,330		Brixmor Property Group, Inc		3,967,207
	26,393		Broadstone Net Lease, Inc		475,866
	36,746		Brookfield Property REIT, Inc		637,543
	16,793		Brt Realty Trust		234,766
	74,663		Camden Property Trust		7,626,825
	72,865		CareTrust REIT, Inc		1,636,548
	58,020		CatchMark Timber Trust, Inc		529,142
	268,103	*	CBRE Group, Inc		16,348,921
	11,339		Centerspace		793,050
	46,017		Chatham Lodging Trust		492,842
	435		CIM Commercial Trust Corp		6,086
	48,735		City Office REIT, Inc		459,084
	8,392		Clipper Realty, Inc		58,828
	367,520		Colony Capital, Inc		1,822,899
	83,368		Columbia Property Trust, Inc		1,133,805
	15,842		Community Healthcare Trust, Inc		708,454
	35,967		CorePoint Lodging, Inc		244,935
	31,741		Coresite Realty		4,267,260
	89,187		Corporate Office Properties Trust		2,342,942
	117,310		Cousins Properties, Inc		3,699,957
	333,294		Crown Castle International Corp		53,080,402
	4,644		CTO Realty Growth, Inc		195,652
	155,477		CubeSmart		5,416,819
	96,164	*	Cushman & Wakefield plc		1,378,030
	93,657		CyrusOne, Inc		6,832,278
	167,918	*	DiamondRock Hospitality Co		1,376,928
	223,744		Digital Realty Trust, Inc		32,207,949
	167,049		Diversified Healthcare Trust		671,537
	131,266		Douglas Emmett, Inc		3,637,381
	294,041		Duke Realty Corp		11,632,262
	62,413		Easterly Government Properties, Inc		1,369,965
	30,681		EastGroup Properties, Inc		4,146,230
	109,215		Empire State Realty Trust, Inc		1,076,860
	61,377		EPR Properties		2,432,984
	71,098		Equinix, Inc		52,609,676

152

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	98,504		Equity Commonwealth	$	2,808,349
	139,500		Equity Lifestyle Properties, Inc		8,487,180
	293,735		Equity Residential		18,105,825
	76,829		Essential Properties Realty Trust, Inc		1,599,580
	52,009		Essex Property Trust, Inc		12,461,876
	19,330	*	eXp World Holdings Inc		2,060,385
	101,123		Extra Space Storage, Inc		11,506,786
	22,483		Farmland Partners, Inc		231,800
	5,530	*	Fathom Holdings, Inc		208,979
	60,363		Federal Realty Investment Trust		5,285,384
	102,502		First Industrial Realty Trust, Inc		4,165,681
	13,449	*	Forestar Group, Inc		289,019
	61,141		Four Corners Property Trust, Inc		1,611,677
	88,433		Franklin Street Properties Corp		363,460
	6,508	*	FRP Holdings, Inc		281,080
	167,316		Gaming and Leisure Properties, Inc		6,881,707
	95,806		Geo Group, Inc		856,506
	27,866		Getty Realty Corp		740,400
	29,856		Gladstone Commercial Corp		528,750
	28,625		Gladstone Land Corp		450,557
	33,041		Global Medical REIT, Inc		414,334
	84,263		Global Net Lease, Inc		1,357,477
	106,589		Healthcare Realty Trust, Inc		3,198,736
	169,161		Healthcare Trust of America, Inc		4,778,798
	430,781		Healthpeak Properties Inc		12,772,657
	43,239		Hersha Hospitality Trust		330,346
	81,705		Highwoods Properties, Inc		3,063,120
	550,663		Host Hotels and Resorts, Inc		7,461,484
	30,482	*	Howard Hughes Corp		2,626,634
	119,369		Hudson Pacific Properties		2,798,009
	76,273		Independence Realty Trust, Inc		1,012,905
	55,002		Industrial Logistics Properties Trust		1,166,592
	16,807		Innovative Industrial Properties, Inc		3,144,926
	448,392		Invitation Homes, Inc		13,218,596
	228,474		Iron Mountain, Inc		7,692,720
	59,934		iStar Inc		909,798
	98,493		JBG SMITH Properties		2,941,001
	40,955	*	Jones Lang LaSalle, Inc		5,988,031
	100,883		Kennedy-Wilson Holdings, Inc		1,734,179
	89,951		Kilroy Realty Corp		5,093,925
	327,368		Kimco Realty Corp		5,404,846
	63,990		Kite Realty Group Trust		1,020,001
	69,992		Lamar Advertising Co		5,653,954
	214,261		Lexington Realty Trust		2,196,175
	56,301		Life Storage, Inc		4,593,036
	34,203		LTC Properties, Inc		1,321,604
	119,379		Macerich Co		1,874,250
	80,283		Mack-Cali Realty Corp		1,022,003
	25,581	*	Marcus & Millichap, Inc		914,009
	7,257	*	Maui Land & Pineapple Co, Inc		83,891
	441,775		Medical Properties Trust, Inc		9,325,870
	90,815		Mid-America Apartment Communities, Inc		12,055,691
	83,471		Monmouth Real Estate Investment Corp (Class A)		1,446,552
	34,999		National Health Investors, Inc		2,269,335
	137,468		National Retail Properties, Inc		5,361,252
	49,859		National Storage Affiliates Trust		1,821,848

153

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	6,083		NETSTREIT Corp	$	104,810
	88,120		New Senior Investment Group, Inc		467,036
	119,590		Newmark Group, Inc		808,428
	15,499		NexPoint Residential Trust, Inc		611,746
	39,570		Office Properties Income Trust		915,650
	181,078		Omega Healthcare Investors, Inc		6,558,645
	13,256		One Liberty Properties, Inc		265,650
	113,186		Outfront Media, Inc		2,063,381
	162,364		Paramount Group, Inc		1,443,416
	191,613		Park Hotels & Resorts, Inc		3,196,105
	107,615		Pebblebrook Hotel Trust		1,977,964
	158,906		Physicians Realty Trust		2,801,513
	94,193		Piedmont Office Realty Trust, Inc		1,448,688
	16,091		Plymouth Industrial REIT, Inc		235,572
	53,254		PotlatchDeltic Corp		2,543,411
	32,735		Preferred Apartment Communities, Inc		235,365
	590,099		Prologis, Inc		60,898,217
	16,181		PS Business Parks, Inc		2,202,558
	120,777		Public Storage, Inc		27,491,261
	48,175		QTS Realty Trust, Inc		3,136,192
	10,739	*	Rafael Holdings, Inc		252,152
	105,923		Rayonier, Inc		3,257,132
	11,593		Re/Max Holdings, Inc		419,898
	94,404	*	Realogy Holdings Corp		1,340,537
	275,734		Realty Income Corp		16,284,850
	78,343	*	Redfin Corp		5,578,805
	132,821		Regency Centers Corp		6,266,495
	100,002		Retail Opportunities Investment Corp		1,409,028
	186,975		Retail Properties of America, Inc		1,722,040
	11,897		Retail Value, Inc		185,712
	97,953		Rexford Industrial Realty, Inc		4,793,820
	143,990		RLJ Lodging Trust		1,858,911
	12,486		RMR Group, Inc		460,484
	65,165		RPT Realty		602,776
	38,462		Ryman Hospitality Properties		2,494,261
	167,433		Sabra Healthcare REIT, Inc		2,811,200
	14,100		Safehold, Inc		1,037,478
	10,328		Saul Centers, Inc		309,117
	88,652		SBA Communications Corp		23,818,133
	23,632	*	Seritage Growth Properties		420,886
	130,619		Service Properties Trust		1,385,868
	258,322		Simon Property Group, Inc		24,005,863
	124,095		SITE Centers Corp		1,376,214
	60,716		SL Green Realty Corp		4,097,134
	84,236		Spirit Realty Capital, Inc		3,248,140
	27,001		St. Joe Co		1,201,544
	119,971		STAG Industrial, Inc		3,575,136
	185,248		STORE Capital Corp		5,746,393
	3,026	*	Stratus Properties, Inc		79,100
	99,511		Summit Hotel Properties, Inc		806,039
	83,663		Sun Communities, Inc		11,974,685
	169,681		Sunstone Hotel Investors, Inc		1,815,587
	79,393		Tanger Factory Outlet Centers, Inc		1,225,034
	24,822	*	Tejon Ranch Co		395,414
	54,724		Terreno Realty Corp		3,096,284
	233,642		UDR, Inc		8,983,535

154

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	30,971		UMH Properties, Inc	$	455,274
	158,081		Uniti Group, Inc		1,945,977
	10,729		Universal Health Realty Income Trust		640,307
	88,947		Urban Edge Properties		1,226,579
	27,003		Urstadt Biddle Properties, Inc (Class A)		373,451
	299,259		Ventas, Inc		13,786,862
	172,765		VEREIT, Inc		6,086,511
	427,601		VICI Properties, Inc		10,809,753
	138,204		Vornado Realty Trust		5,494,991
	65,408		Washington REIT		1,435,052
	92,135		Weingarten Realty Investors		2,073,959
	335,571		Welltower, Inc		20,335,603
	595,848		Weyerhaeuser Co		18,584,499
	40,908		Whitestone REIT		319,082
	137,032		WP Carey, Inc		9,098,925
	87,223		Xenia Hotels & Resorts, Inc		1,262,117
			TOTAL REAL ESTATE		965,099,909
RETAILING - 7.0%
	16,881	*	1-800-FLOWERS.COM, Inc (Class A)		518,753
	26,692	*	Aaron’s Co, Inc		452,162
	51,014		Abercrombie & Fitch Co (Class A)		1,176,893
	52,955		Advance Auto Parts, Inc		7,897,709
	339,924	*	Amazon.com, Inc		1,089,864,329
	121,019	e	American Eagle Outfitters, Inc		2,745,921
	4,719	*	America’s Car-Mart, Inc		560,523
	15,914	*	Asbury Automotive Group, Inc		2,269,495
	42,828	*	At Home Group, Inc		1,043,718
	46,636	*	Autonation, Inc		3,324,214
	18,624	*	AutoZone, Inc		20,828,523
	99,568	e	Bed Bath & Beyond, Inc		3,517,737
	183,017		Best Buy Co, Inc		19,915,910
	32,051		Big Lots, Inc		1,912,804
	32,901	*	Booking Holdings, Inc		63,970,401
	23,393	*	Boot Barn Holdings, Inc		1,339,015
	25,555		Buckle, Inc		1,004,823
	51,803	*	Burlington Stores, Inc		12,893,767
	52,498		Caleres, Inc		793,245
	25,127		Camping World Holdings, Inc		858,338
	129,989	*	CarMax, Inc		15,310,104
	30,269	*,e	CarParts.com, Inc		475,526
	44,700	*	Carvana Co		11,675,193
	15,437		Cato Corp (Class A)		175,519
	11,312	*	Children’s Place, Inc		831,093
	9,683		Citi Trends, Inc		571,297
	16,105	*	Conn’s, Inc		253,332
	26,831	*	Container Store Group, Inc		365,706
	37,377		Core-Mark Holding Co, Inc		1,146,353
	61,699		Designer Brands, Inc		755,813
	48,615		Dick’s Sporting Goods, Inc		3,257,691
	9,201		Dillard’s, Inc (Class A)		807,940
	200,396		Dollar General Corp		38,999,066
	188,045	*	Dollar Tree, Inc		19,116,655
	6,009	*,e	Duluth Holdings, Inc		74,932
	530,858		eBay, Inc		29,998,786
	47,170	*,e	Envela Corp		295,284

155

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	94,649	*	Etsy, Inc	$	18,843,669
	108,053		Expedia Group, Inc		13,409,377
	43,104	*	Five Below, Inc		7,574,666
	75,727	*	Floor & Decor Holdings, Inc		6,972,185
	84,819		Foot Locker, Inc		3,716,769
	17,333	*,e	Funko, Inc		207,129
	45,895	*	GameStop Corp (Class A)		14,915,875
	143,959	*	Gap, Inc		2,915,170
	8,149	*	Genesco, Inc		316,263
	112,465		Genuine Parts Co		10,558,214
	53,764	*,e	Greenlane Holdings Inc		237,637
	14,350		Group 1 Automotive, Inc		1,974,847
	18,599	*	Groupon, Inc		635,528
	27,851	*,e	GrowGeneration Corp		1,202,885
	73,822	*	GrubHub, Inc		5,556,582
	29,494		Guess?, Inc		684,851
	10,599	e	Haverty Furniture Cos, Inc		346,481
	16,234	*,e	Hibbett Sports, Inc		916,409
	861,851		Home Depot, Inc		233,406,488
	121,974		Kohl’s Corp		5,374,174
	182,184		L Brands, Inc		7,425,820
	9,420	*	Lands’ End, Inc		260,086
	35,558	*	Leslie’s, Inc		1,016,959
	21,821	*	Liquidity Services, Inc		425,946
	20,191		Lithia Motors, Inc (Class A)		6,434,468
	241,048	*	LKQ Corp		8,458,374
	606,033		Lowe’s Companies, Inc		101,116,606
	23,947	*	Lumber Liquidators, Inc		669,558
	255,025	*	Macy’s, Inc		3,835,576
	82,038	*	Magnite, Inc		2,841,796
	15,838	*	MarineMax, Inc		662,504
	59,341	*	Michaels Cos, Inc		919,785
	26,546		Monro Muffler, Inc		1,552,145
	21,452		Murphy USA, Inc		2,672,276
	64,151	*	National Vision Holdings, Inc		2,974,682
	91,705		Nordstrom, Inc		3,250,942
	42,563	*	ODP Corp		1,817,014
	43,566	*	Ollie’s Bargain Outlet Holdings, Inc		4,127,007
	4,976	*	OneWater Marine, Inc		160,874
	57,050	*	O’Reilly Automotive, Inc		24,273,063
	34,235	*	Overstock.com, Inc		2,656,636
	25,064		Penske Auto Group, Inc		1,499,830
	16,363	e	PetMed Express, Inc		625,067
	30,941		Pool Corp		10,958,683
	55,037	*	Quotient Technology, Inc		487,628
	302,608		Qurate Retail Group, Inc QVC Group		3,812,861
	43,918	*	RealReal, Inc		1,039,978
	39,425		Rent-A-Center, Inc		1,707,102
	12,436	*	RH		5,911,577
	279,141		Ross Stores, Inc		31,065,602
	88,309	*,e	Sally Beauty Holdings, Inc		1,333,466
	8,730		Shoe Carnival, Inc		410,223
	17,458		Shutterstock, Inc		1,134,595
	41,549	*,e	Signet Jewelers Ltd		1,687,720
	22,039	*	Sleep Number Corp		2,374,482
	19,149	e	Sonic Automotive, Inc (Class A)		783,769

156

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	38,973	*	Sportsman’s Warehouse Holdings, Inc	$	682,807
	13,808	*	Stamps.com, Inc		3,152,504
	45,761	*	Stitch Fix Inc		4,367,430
	399,844		Target Corp		72,439,737
	17,669		Tilly’s, Inc		173,156
	956,237		TJX Companies, Inc		61,237,417
	92,362		Tractor Supply Co		13,091,390
	43,030	*	Ulta Beauty, Inc		12,038,073
	52,424	*	Urban Outfitters, Inc		1,437,990
	19,254	*	Vroom, Inc		709,125
	48,192	*,e	Waitr Holdings Inc		170,600
	56,760	*	Wayfair, Inc		15,456,883
	2,679		Weyco Group, Inc		46,240
	61,865		Williams-Sonoma, Inc		7,975,636
	3,408		Winmark Corp		581,507
	18,171	*	Zumiez, Inc		782,807
			TOTAL RETAILING		2,127,491,771
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 5.0%
	30,243	*	Advanced Energy Industries, Inc		3,102,327
	959,820	*	Advanced Micro Devices, Inc		82,198,985
	23,081	*	Allegro MicroSystems, Inc		644,422
	16,616	*	Alpha & Omega Semiconductor Ltd		477,544
	27,031	*	Ambarella, Inc		2,550,645
	79,610		Amkor Technology, Inc		1,235,547
	294,936		Analog Devices, Inc		43,452,921
	733,078		Applied Materials, Inc		70,873,981
	23,392	*,e	Atomera, Inc		671,818
	23,093	*	Axcelis Technologies, Inc		790,704
	24,600	*	AXT, Inc		254,118
	316,758		Broadcom, Inc		142,699,479
	57,522		Brooks Automation, Inc		4,357,867
	18,136	*	Ceva, Inc		1,066,216
	47,112	*	Cirrus Logic, Inc		4,413,923
	23,005		CMC Materials, Inc		3,388,867
	30,797		Cohu, Inc		1,252,822
	87,346	*	Cree, Inc		8,828,934
	5,871	*	CyberOptics Corp		142,020
	34,451	*	Diodes, Inc		2,438,442
	26,058	*	DSP Group, Inc		420,316
	84,812	*	Enphase Energy, Inc		15,465,468
	107,454		Entegris, Inc		10,572,399
	73,914	*	First Solar, Inc		7,328,573
	62,584	*	Formfactor, Inc		2,557,808
	519	*	GSI Technology, Inc		3,726
	17,609	*	Ichor Holdings Ltd		635,685
	11,186	*,e	Impinj, Inc		592,522
	37,731	*	Inphi Corp		6,361,824
	3,287,308		Intel Corp		182,478,467
	124,424		KLA Corp		34,847,430
	115,767		Lam Research Corp		56,025,440
	106,693	*	Lattice Semiconductor Corp		4,279,456
	38,479	*	MACOM Technology Solutions Holdings, Inc		2,187,916
	528,246		Marvell Technology Group Ltd		27,183,539
	7,813	*,e	Maxeon Solar Technologies Ltd		317,208
	212,196		Maxim Integrated Products, Inc		18,611,711

157

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	54,502	*	MaxLinear, Inc	$	1,710,818
	198,648		Microchip Technology, Inc		27,037,979
	890,579	*	Micron Technology, Inc		69,705,618
	43,916		MKS Instruments, Inc		6,941,802
	34,931		Monolithic Power Systems, Inc		12,410,635
	38,512	*	Nanometrics, Inc		2,081,574
	45,701	*	NeoPhotonics Corp Ltd		509,109
	2,893		NVE Corp		184,834
	473,046		NVIDIA Corp		245,789,971
	322,177	*	ON Semiconductor Corp		11,111,885
	23,119	*	PDF Solutions, Inc		446,659
	53,134	*	Photronics, Inc		589,787
	47,167		Power Integrations, Inc		3,799,302
	91,737	*	Qorvo, Inc		15,676,019
	902,675		QUALCOMM, Inc		141,070,049
	100,313	*	Rambus, Inc		1,905,445
	52,567	*	Semtech Corp		3,729,629
	34,941	*	Silicon Laboratories, Inc		4,583,211
	7,958	*	SiTime Corp		971,274
	133,557		Skyworks Solutions, Inc		22,604,522
	13,342	*	SMART Global Holdings, Inc		495,655
	39,714	*	SolarEdge Technologies, Inc		11,450,738
	62,510	*,e	SunPower Corp		3,376,165
	27,699	*	Synaptics, Inc		2,748,295
	132,344		Teradyne, Inc		15,018,397
	739,996		Texas Instruments, Inc		122,609,937
	27,339	*	Ultra Clean Holdings		1,055,285
	34,383		Universal Display Corp		7,936,284
	28,677	*	Veeco Instruments, Inc		529,377
	195,699		Xilinx, Inc		25,552,418
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		1,508,343,743
SOFTWARE & SERVICES - 14.5%
	53,380	*,e	2U, Inc		2,183,242
	80,091	*	8x8, Inc		2,823,208
	42,483	*	A10 Networks, Inc		421,856
	513,003		Accenture plc		124,105,686
	88,928	*	ACI Worldwide, Inc		3,413,946
	387,122	*	Adobe, Inc		177,599,960
	17,147	*	Agilysys, Inc		630,838
	128,225	*	Akamai Technologies, Inc		14,236,822
	36,762	*	Alarm.com Holdings, Inc		3,415,925
	37,649		Alliance Data Systems Corp		2,546,955
	33,908	*	Altair Engineering, Inc		1,896,474
	42,294	*	Alteryx, Inc		5,331,159
	104,929		Amdocs Ltd		7,410,086
	28,684		American Software, Inc (Class A)		551,020
	104,618	*	Anaplan, Inc		6,978,021
	68,676	*	Ansys, Inc		24,336,714
	12,770	*	Appfolio, Inc		1,951,384
	28,424	*	Appian Corp		6,209,507
	54,143	*	Aspen Technology, Inc		7,249,748
	104,544	*	Atlassian Corp plc		24,163,255
	176,541	*	Autodesk, Inc		48,977,770
	343,522		Automatic Data Processing, Inc		56,722,353
	66,118	*	Avalara, Inc		9,917,700

158

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	68,194	*	Avaya Holdings Corp	$	1,516,635
	26,170	*	Benefitfocus, Inc		321,891
	12,107	*	BigCommerce Holdings, Inc		967,834
	58,626	*	Bill.Com Holdings, Inc		7,145,337
	120,608	*	Black Knight, Inc		9,852,468
	40,981		Blackbaud, Inc		2,724,827
	40,864	*	Blackline, Inc		5,296,792
	4,672	*, h	BM Technologies, Inc		67,651
	108,216		Booz Allen Hamilton Holding Co		9,216,757
	35,352	*	Bottomline Technologies, Inc		1,689,119
	114,310	*	Box, Inc		1,982,135
	28,026	*	Brightcove, Inc		461,028
	91,276		Broadridge Financial Solutions, Inc		12,898,212
	19,931	*	CACI International, Inc (Class A)		4,807,756
	220,937	*	Cadence Design Systems, Inc		28,807,975
	26,773	*	Cardtronics plc		1,040,131
	11,387		Cass Information Systems, Inc		462,312
	96,042		CDK Global, Inc		4,792,496
	28,659	*	Cerence Inc		3,207,229
	90,521	*	Ceridian HCM Holding, Inc		8,410,306
	32,151	*	ChannelAdvisor Corp		659,095
	98,704		Citrix Systems, Inc		13,158,230
	166,518	*	Cloudera, Inc		2,542,730
	87,227	*	Cloudflare, Inc		6,686,822
	427,475		Cognizant Technology Solutions Corp (Class A)		33,321,676
	33,445	*	Commvault Systems, Inc		2,099,677
	33,603	*	Concentrix Corp		3,592,833
	141,134	*	Conduent, Inc		680,266
	49,504	*	Cornerstone OnDemand, Inc		2,024,714
	54,386	*	Coupa Software, Inc		16,852,590
	121,559	*	Crowdstrike Holdings, Inc		26,232,432
	27,869		CSG Systems International, Inc		1,200,875
	122,232	*	Datadog, Inc		12,559,338
	18,171	*	Datto Holding Corp		433,560
	8,402	*,e	Digimarc Corp		326,502
	65,874	*	Digital Turbine, Inc		3,768,652
	142,970	*	DocuSign, Inc		33,296,283
	20,740	*	Domo, Inc		1,314,709
	193,528	*	Dropbox, Inc		4,379,539
	16,799	*	Duck Creek Technologies, Inc		812,064
	206,785		DXC Technology Co		5,831,337
	146,548	*	Dynatrace, Inc		6,083,207
	21,128		Ebix, Inc		1,100,135
	17,575	*	eGain Corp		193,325
	52,362	*	Elastic NV		7,956,929
	54,654	*	Endurance International Group Holdings, Inc		518,120
	41,992	*	Envestnet, Inc		3,222,046
	42,642	*	EPAM Systems, Inc		14,687,184
	40,407	*	Euronet Worldwide, Inc		5,049,259
	27,770	*	Everbridge, Inc		3,691,466
	49,214		EVERTEC, Inc		1,707,726
	31,315	*	Evo Payments, Inc		718,992
	26,798	*	ExlService Holdings, Inc		2,054,871
	22,451	*	Fair Isaac Corp		10,105,420
	62,915	*	Fastly, Inc		6,879,755
	494,034		Fidelity National Information Services, Inc		60,993,438

159

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	179,934	*	FireEye, Inc	$	3,778,614
	458,679	*	Fiserv, Inc		47,101,746
	49,516	*	Five9, Inc		8,232,035
	66,107	*	FleetCor Technologies, Inc		16,047,474
	106,594	*	Fortinet, Inc		15,429,481
	69,303	*	Gartner, Inc		10,527,819
	150,261		Genpact Ltd		5,751,991
	238,341		Global Payments, Inc		42,071,953
	30,997	*	Globant S.A.		5,951,424
	132,588	*	GoDaddy, Inc		10,418,765
	50,629	*	GreenSky, Inc		249,601
	9,221	*	Grid Dynamics Holdings, Inc		119,873
	27,303	*	GTT Communications, Inc		126,959
	1,410	*	GTY Technology Holdings Inc		10,603
	66,439	*	Guidewire Software, Inc		7,623,211
	20,078		Hackett Group, Inc		273,462
	33,141	*	HubSpot, Inc		12,335,080
	11,379	*	I3 Verticals, Inc		330,219
	16,673	*	Information Services Group, Inc		58,856
	8,965	*,e	Intelligent Systems Corp		362,993
	25,810		InterDigital, Inc		1,657,260
	710,272		International Business Machines Corp		84,600,498
	15,632	*	International Money Express Inc		223,225
	203,027		Intuit, Inc		73,339,443
	36,829	*	j2 Global, Inc		3,780,129
	61,005		Jack Henry & Associates, Inc		8,832,914
	43,297	*	Jamf Holding Corp		1,598,958
	10,365	*	JFrog Ltd		647,502
	110,350		KBR, Inc		3,205,667
	107,836		Leidos Holdings, Inc		11,437,086
	97,464	*	Limelight Networks, Inc		443,949
	49,329	*	Liveperson, Inc		3,125,485
	51,697	*	LiveRamp Holdings, Inc		3,913,980
	51,251	*	Manhattan Associates, Inc		5,803,151
	22,031		Mantech International Corp (Class A)		1,975,960
	708,300		Mastercard, Inc (Class A)		224,028,207
	48,785		MAXIMUS, Inc		3,661,802
	28,158	e	McAfee Corp		530,778
	67,130	*	Medallia, Inc		2,785,895
	6,007,490		Microsoft Corp		1,393,497,380
	6,321	*	MicroStrategy, Inc (Class A)		3,902,016
	45,975	*	Mimecast Ltd		1,979,683
	33,056	*	Mitek Systems, Inc		533,854
	27,685	*	Model N, Inc		940,736
	62,894	*	MoneyGram International, Inc		482,397
	40,314	*	MongoDB, Inc		14,900,458
	11,611	*	nCino, Inc		832,509
	38,813	*	New Relic, Inc		2,917,961
	54,609		NIC, Inc		1,470,074
	441,914		NortonLifelock, Inc		9,311,128
	224,977	*	Nuance Communications, Inc		10,245,453
	147,904	*	Nutanix, Inc		4,514,030
	92,318	*	Okta, Inc		23,911,285
	24,026	*	OneSpan, Inc		560,286
	1,510,933		Oracle Corp		91,305,681
	56,036	*	Pagerduty, Inc		2,730,634

160

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	75,788	*	Palo Alto Networks, Inc	$	26,582,641
	258,138		Paychex, Inc		22,540,610
	39,500	*	Paycom Software, Inc		14,999,730
	29,541	*	Paylocity Holding Corp		5,537,756
	942,026	*	PayPal Holdings, Inc		220,726,112
	22,339	*,e	Paysign Inc		104,547
	31,576		Pegasystems, Inc		4,024,361
	24,732	*	Perficient, Inc		1,350,615
	111,482		Perspecta, Inc		3,227,404
	25,412	*	Ping Identity Holding Corp		760,073
	76,770	*	Pluralsight, Inc		1,596,816
	37,398		Progress Software Corp		1,502,652
	44,878	*	Proofpoint, Inc		5,792,852
	31,951	*	PROS Holdings, Inc		1,346,415
	83,484	*	PTC, Inc		11,095,858
	39,589	*	Q2 Holdings, Inc		5,066,996
	12,045		QAD, Inc (Class A)		780,396
	26,687	*	Qualys, Inc		3,695,349
	26,217	*,e	Rackspace Technology, Inc		605,875
	38,399	*	Rapid7, Inc		3,333,801
	70,516	*	RealPage, Inc		6,104,570
	42,176	*	Repay Holdings Corp		934,198
	664	*	Rimini Street, Inc		4,681
	62,215	*	RingCentral, Inc		23,201,218
	222,626		Sabre Corp		2,399,908
	68,891	*	SailPoint Technologies Holding, Inc		3,810,361
	703,355	*	salesforce.com, Inc		158,648,754
	20,622		Sapiens International Corp NV		673,514
	46,564		Science Applications International Corp		4,471,541
	3,251	*	SecureWorks Corp		44,994
	156,034	*	ServiceNow, Inc		84,751,427
	4,876	*,e	ShotSpotter, Inc		224,247
	305,148	*	Slack Technologies, Inc		12,868,091
	87,356	*	Smartsheet, Inc		6,092,207
	45,978	*	Smith Micro Software, Inc		292,420
	37,563	*	SolarWinds Corp		631,434
	127,423	*	Splunk, Inc		21,028,618
	22,364	*	Sprout Social, Inc		1,476,024
	28,633	*	SPS Commerce, Inc		2,831,517
	297,282	*	Square, Inc		64,201,021
	179,050		SS&C Technologies Holdings, Inc		11,258,664
	552	*	StarTek, Inc		4,824
	161,272	*	StoneCo Ltd		11,595,457
	10,756	*	Sumo Logic, Inc		370,114
	96,883	*	SVMK, Inc		2,442,420
	72,274		Switch, Inc		1,244,558
	31,935	*	Sykes Enterprises, Inc		1,232,372
	49,008	*	Synchronoss Technologies, Inc		247,000
	119,613	*	Synopsys, Inc		30,555,141
	18,045	*	TeleNav, Inc		85,894
	54,584	*	Tenable Holdings, Inc		2,701,362
	88,480	*	Teradata Corp		2,380,112
	33,125	*	Trade Desk, Inc		25,373,419
	14,750		TTEC Holdings, Inc		1,114,805
	7,883	*,e	Tucows, Inc		629,852
	111,670	*	Twilio, Inc		40,137,548

161

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	31,584	*	Tyler Technologies, Inc	$	13,353,399
	49,365	*	Unisys Corp		1,179,330
	22,576	*,e	Unity Software, Inc		3,382,336
	18,511	*	Upland Software, Inc		882,790
	24,870	*	Varonis Systems, Inc		4,396,270
	51,730	*	Verint Systems, Inc		3,819,226
	80,644	*	VeriSign, Inc		15,650,581
	18,719	*	Veritone, Inc		735,095
	95,406	*	Verra Mobility Corp		1,221,197
	49,629	e	VirnetX Holding Corp		300,255
	23,373	*	Virtusa Corp		1,193,192
	1,356,264		Visa, Inc (Class A)		262,098,018
	63,318	*,e	VMware, Inc (Class A)		8,728,386
	327,756		Western Union Co		7,299,126
	35,151	*	WEX, Inc		6,629,479
	139,636	*	Workday, Inc		31,771,379
	30,675	*	Workiva, Inc		2,989,892
	81,184		Xperi Holding Corp		1,563,604
	81,289	*	Yext, Inc		1,371,345
	91,190	*	Zendesk, Inc		13,153,246
	45,176	*	Zix Corp		368,184
	134,504	*	Zoom Video Communications, Inc		50,044,903
	57,813	*	Zscaler, Inc		11,545,256
	79,308	*	Zuora Inc		1,169,793
			TOTAL SOFTWARE & SERVICES		4,427,489,358
TECHNOLOGY HARDWARE & EQUIPMENT - 7.4%
	96,179	*,e	3D Systems Corp		3,418,202
	30,849	*	Acacia Communications, Inc		3,529,126
	29,514		Adtran, Inc		507,641
	21,041	*	Akoustis Technologies, Inc		317,298
	234,887		Amphenol Corp (Class A)		29,332,689
	12,941,886		Apple, Inc		1,707,811,277
	29,285	*,e	Applied Optoelectronics, Inc		322,428
	47,198	*	Arista Networks, Inc		14,516,217
	63,646	*	Arlo Technologies, Inc		535,263
	59,615	*	Arrow Electronics, Inc		5,820,212
	24,982	*	Avid Technology, Inc		425,693
	74,005		Avnet, Inc		2,613,117
	25,096		Badger Meter, Inc		2,301,554
	6,194		Bel Fuse, Inc (Class B)		90,309
	31,618		Belden CDT, Inc		1,493,634
	29,559		Benchmark Electronics, Inc		748,729
	22,266	*	CalAmp Corp		222,883
	43,505	*	Calix, Inc		1,313,851
	5,581	*	Cambium Networks Corp		205,102
	34,964	*	Casa Systems, Inc		269,572
	113,647		CDW Corp		14,962,764
	122,705	*	Ciena Corp		6,551,220
	3,401,174		Cisco Systems, Inc		151,624,337
	4,869	*	Clearfield, Inc		152,497
	131,953		Cognex Corp		10,837,300
	19,568	*	Coherent, Inc		3,930,037
	152,281	*	CommScope Holding Co, Inc		2,237,008
	14,199		Comtech Telecommunications Corp		303,007
	600,883		Corning, Inc		21,553,673

162

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	11,353	*	Corsair Gaming, Inc	$	428,916
	25,341		CTS Corp		772,900
	21,059		Daktronics, Inc		101,083
	207,098	*	Dell Technologies, Inc		15,095,373
	64,839	*,e	Diebold, Inc		885,701
	19,910	*	Digi International, Inc		367,738
	51,491		Dolby Laboratories, Inc (Class A)		4,532,753
	331	*	DZS, Inc		5,097
	12,050	*	Eastman Kodak Co		115,559
	38,200	*	EchoStar Corp (Class A)		799,908
	9,577	*	ePlus, Inc		804,851
	79,396	*	Extreme Networks, Inc		642,314
	48,658	*	F5 Networks, Inc		9,534,535
	30,238	*	Fabrinet		2,386,988
	14,954	*	FARO Technologies, Inc		1,055,304
	103,893		FLIR Systems, Inc		5,407,631
	36,698	*	Genasys, Inc		273,033
	69,995	*	Harmonic, Inc		543,161
	1,004,585		Hewlett Packard Enterprise Co		12,396,579
	1,096,583		HP, Inc		26,690,830
	79,729	*	II-VI, Inc		6,702,817
	20,490	*	Immersion Corp		259,199
	127,246	*,e	Infinera Corp		1,253,373
	55,612	*	Inseego Corp		1,021,036
	28,024	*	Insight Enterprises, Inc		2,132,626
	28,329	*,e	Intellicheck, Inc		328,050
	28,474	*	IPG Photonics Corp		6,361,946
	15,183	*	Iteris, Inc		98,841
	32,767	*	Itron, Inc		2,818,617
	117,885		Jabil Inc		4,876,902
	260,036		Juniper Networks, Inc		6,350,079
	150,066	*	Keysight Technologies, Inc		21,247,845
	15,246	*	Kimball Electronics, Inc		292,266
	65,142	*	Knowles Corp		1,256,589
	6,399	*	KVH Industries, Inc		80,051
	18,872		Littelfuse, Inc		4,592,879
	60,045	*	Lumentum Holdings, Inc		5,632,221
	12,394	*	Luna Innovations, Inc		131,748
	30,523		Methode Electronics, Inc		1,152,243
	136,381		Motorola Solutions, Inc		22,850,637
	13,737		MTS Systems Corp		804,164
	9,718	*	Napco Security Technologies, Inc		251,891
	105,726		National Instruments Corp		4,377,056
	102,195	*	NCR Corp		3,409,225
	178,273		NetApp, Inc		11,844,458
	25,270	*	Netgear, Inc		1,045,925
	56,407	*	Netscout Systems, Inc		1,649,059
	26,072	*	nLight, Inc		825,961
	27,541	*	Novanta, Inc		3,440,422
	15,982	*	OSI Systems, Inc		1,438,700
	15,436	*,e	PAR Technology Corp		961,045
	9,359		PC Connection, Inc		459,433
	28,777		PC-Tel, Inc		211,799
	26,778		Plantronics, Inc		849,398
	23,230	*	Plexus Corp		1,786,852
	190,092	*	Pure Storage, Inc		4,396,828

163

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	39,063	*,e	Research Frontiers, Inc	$	158,400
	78,125	*,e	Resonant, Inc		442,969
	59,820	*	Ribbon Communications, Inc		437,284
	15,628	*	Rogers Corp		2,439,062
	56,690	*	Sanmina Corp		1,763,059
	15,742	*	Scansource, Inc		380,799
	36,102	*	Super Micro Computer, Inc		1,119,162
	33,603		Synnex Corp		2,742,677
	200,467	*	Trimble Inc		13,212,780
	79,225	*	TTM Technologies, Inc		1,062,407
	7,060		Ubiquiti, Inc		2,174,409
	45,638	*	Viasat, Inc		1,987,079
	187,577	*	Viavi Solutions, Inc		2,898,065
	99,472		Vishay Intertechnology, Inc		2,143,622
	6,887	*	Vishay Precision Group, Inc		220,315
	96,336	*	Vontier Corp		3,124,176
	240,071		Western Digital Corp		13,547,207
	16,625	*,e	Wrap Technologies Inc		92,435
	147,807		Xerox Holdings Corp		3,108,381
	42,155	*	Zebra Technologies Corp (Class A)		16,348,974
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		2,267,382,337
TELECOMMUNICATION SERVICES - 1.4%
	13,498	*	Anterix, Inc		489,707
	5,718,181		AT&T, Inc		163,711,522
	6,018		ATN International, Inc		259,857
	14,954	*	Bandwidth Inc		2,663,906
	40,530	*	Boingo Wireless, Inc		467,716
	41,046	*	Cincinnati Bell, Inc		625,541
	34,344		Cogent Communications Group, Inc		1,955,891
	73,022	*	Consolidated Communications Holdings, Inc		445,799
	46,028	*,e	Gogo, Inc		616,775
	13,290	*	IDT Corp (Class B)		186,459
	96,136	*	Iridium Communications, Inc		4,736,621
	27,994	*	Liberty Latin America Ltd (Class A)		282,459
	122,517	*	Liberty Latin America Ltd (Class C)		1,211,693
	873,732		Lumen Technologies, Inc		10,816,802
	23,568	*	Ooma, Inc		317,461
	53,238	*	ORBCOMM, Inc		398,753
	39,773		Shenandoah Telecom Co		1,545,977
	14,564		Spok Holdings, Inc		161,952
	93,170		Telephone & Data Systems, Inc		1,746,937
	441,940	*	T-Mobile US, Inc		55,719,795
	9,109	*	US Cellular Corp		284,019
	3,324,120		Verizon Communications, Inc		181,995,570
	188,878	*	Vonage Holdings Corp		2,357,197
			TOTAL TELECOMMUNICATION SERVICES		432,998,409
TRANSPORTATION - 1.9%
	46,311	*	Air Transport Services Group, Inc		1,176,762
	96,535		Alaska Air Group, Inc		4,713,804
	11,011		Allegiant Travel Co		1,998,386
	7,085		Amerco, Inc		3,276,387
	416,199	e	American Airlines Group, Inc		7,146,137
	20,553		ArcBest Corp		952,632
	20,147	*	Atlas Air Worldwide Holdings, Inc		1,044,017

164

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	42,432	*	Avis Budget Group, Inc	$	1,754,139
	105,885		CH Robinson Worldwide, Inc		9,059,521
	25,561		Copa Holdings S.A. (Class A)		1,977,655
	37,506		Costamare, Inc		300,048
	15,864	*	Covenant Transportation Group, Inc		239,388
	608,936		CSX Corp		52,219,307
	36,437	*,e	Daseke, Inc		191,659
	511,949		Delta Air Lines, Inc		19,433,584
	7,694	*,e	Eagle Bulk Shipping, Inc		150,572
	16,250	*	Echo Global Logistics, Inc		427,862
	133,470		Expeditors International of Washington, Inc		11,948,234
	193,123		FedEx Corp		45,449,567
	21,159		Forward Air Corp		1,516,889
	19,866		Genco Shipping & Trading Ltd		157,140
	46,426		Hawaiian Holdings, Inc		908,557
	39,928		Heartland Express, Inc		749,449
	26,309	*	Hub Group, Inc (Class A)		1,384,643
	67,192		JB Hunt Transport Services, Inc		9,048,075
	219,756	*	JetBlue Airways Corp		3,151,301
	74,231		Kansas City Southern		15,044,397
	46,856	*	Kirby Corp		2,378,411
	100,784		Knight-Swift Transportation Holdings, Inc		4,031,360
	30,553		Landstar System, Inc		4,259,088
	195,365	*	Lyft, Inc (Class A)		8,685,928
	58,428		Macquarie Infrastructure Co LLC		1,623,714
	49,633		Marten Transport Ltd		786,683
	34,325		Matson, Inc		2,052,635
	37,352	*	Mesa Air Group, Inc		243,909
	203,900		Norfolk Southern Corp		48,246,818
	77,848		Old Dominion Freight Line		15,102,512
	62	*	PAM Transportation Services, Inc		3,202
	27,435	*	Radiant Logistics, Inc		159,123
	41,259		Ryder System, Inc		2,582,401
	35,633	*	Safe Bulkers, Inc		62,001
	20,901	*	Saia, Inc		3,694,252
	45,758		Schneider National, Inc		960,918
	7,162		Scorpio Bulkers, Inc		115,380
	19,971	*	SEACOR Holdings, Inc		833,589
	40,317		Skywest, Inc		1,571,960
	490,258		Southwest Airlines Co		21,541,936
	76,745	*	Spirit Airlines, Inc		1,990,765
	1,109,009	*	Uber Technologies, Inc		56,481,828
	543,753		Union Pacific Corp		107,374,905
	226,271	*	United Airlines Holdings Inc		9,048,577
	573,412		United Parcel Service, Inc (Class B)		88,878,860
	7,569		Universal Logistics Holdings Inc		160,463
	11,478	*	US Xpress Enterprises, Inc		77,476
	49,860		Werner Enterprises, Inc		1,956,506
	72,888	*	XPO Logistics, Inc		8,047,564
			TOTAL TRANSPORTATION		588,372,876
UTILITIES - 2.6%
	529,419		AES Corp		12,912,529
	45,208		Allete, Inc		2,840,871
	199,953		Alliant Energy Corp		9,727,713
	196,041		Ameren Corp		14,256,102

165

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	397,580		American Electric Power Co, Inc	$	32,168,198
	28,869		American States Water Co		2,230,419
	145,762		American Water Works Co, Inc		23,179,073
	4,446		Artesian Resources Corp		181,752
	82,099	*	Atlantic Power Corp		243,013
	96,683		Atmos Energy Corp		8,604,787
	44,497		Avangrid, Inc		2,058,876
	54,420		Avista Corp		2,039,662
	50,220		Black Hills Corp		2,969,006
	27,483	e	Brookfield Infrastructure Corp		1,843,560
	81,481		Brookfield Renewable Corp		4,558,862
	31,868	*,e	Cadiz, Inc		355,647
	40,616		California Water Service Group		2,219,258
	402,685		Centerpoint Energy, Inc		8,492,627
	15,569		Chesapeake Utilities Corp		1,579,164
	27,397		Clearway Energy, Inc (Class A)		789,856
	63,551		Clearway Energy, Inc (Class C)		1,968,810
	228,921		CMS Energy Corp		13,021,026
	267,675		Consolidated Edison, Inc		18,946,037
	6,419		Consolidated Water Co, Inc		81,329
	653,409		Dominion Energy, Inc		47,626,982
	152,068		DTE Energy Co		18,053,513
	590,561		Duke Energy Corp		55,512,734
	285,439		Edison International		16,601,132
	160,923		Entergy Corp		15,340,790
	177,368		Essential Utilities Inc		8,212,138
	179,956		Evergy, Inc		9,669,036
	274,816		Eversource Energy		24,046,400
	780,358		Exelon Corp		32,431,678
	432,412		FirstEnergy Corp		13,300,993
	28,916		Genie Energy Ltd		213,400
	6,030		Global Water Resources, Inc		96,902
	87,207		Hawaiian Electric Industries, Inc		2,883,063
	39,434		Idacorp, Inc		3,482,022
	158,548		MDU Resources Group, Inc		4,168,227
	30,486		MGE Energy, Inc		1,941,348
	13,966		Middlesex Water Co		1,111,694
	68,048		National Fuel Gas Co		2,739,612
	75,511		New Jersey Resources Corp		2,643,640
	1,572,391		NextEra Energy, Inc		127,159,260
	301,379		NiSource, Inc		6,675,545
	25,330		Northwest Natural Holding Co		1,183,164
	39,976		NorthWestern Corp		2,177,493
	185,504		NRG Energy, Inc		7,681,721
	161,433		OGE Energy Corp		4,926,935
	41,649		ONE Gas, Inc		3,045,791
	32,420		Ormat Technologies, Inc		3,701,067
	33,032		Otter Tail Corp		1,311,040
	1,059,684	*,b	PG&E Corp		12,112,188
	89,510		Pinnacle West Capital Corp		6,735,628
	62,565		PNM Resources, Inc		3,035,654
	73,399		Portland General Electric Co		3,104,044
	615,947		PPL Corp		17,043,254
	404,488		Public Service Enterprise Group, Inc		22,825,258
	9,378	*	Pure Cycle Corp		100,063
	3,907		RGC Resources, Inc		87,947

166

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	231,076		Sempra Energy	$	28,597,966
	21,289		SJW Corp		1,408,693
	72,043		South Jersey Industries, Inc		1,664,193
	850,399		Southern Co		50,105,509
	44,686		Southwest Gas Holdings Inc		2,679,373
	7,602	e	Spark Energy, Inc		83,394
	41,075		Spire, Inc		2,513,379
	43,088	*	Sunnova Energy International, Inc		1,889,409
	166,586		UGI Corp		5,995,430
	12,521		Unitil Corp		510,481
	385,553		Vistra Energy Corp		7,699,493
	252,784		WEC Energy Group, Inc		22,472,498
	420,360		Xcel Energy, Inc		26,898,836
	15,191		York Water Co		659,897
			TOTAL UTILITIES		803,428,084
			TOTAL COMMON STOCKS		30,291,295,546
			(Cost $15,344,631,755)
RIGHTS / WARRANTS - 0.0%
HEALTH CARE EQUIPMENT & SERVICES - 0.0%
	204		Pulse Biosciences, Inc (Expires 05/14/25)		0
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		0
MEDIA & ENTERTAINMENT - 0.0%
	57,537	†	Media General, Inc		0
			TOTAL MEDIA & ENTERTAINMENT		0
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	27,694	†	Chinook Therapeutics, Inc		0
	21,703	†	Elanco Animal Health, Inc CVR		1,235
	1,988	†	Omthera Pharmaceuticals, Inc		1,193
	4,598	†	Tobira Therapeutics, Inc		276
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		2,704
			TOTAL RIGHTS / WARRANTS		2,704
			(Cost $822)

PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.9%
GOVERNMENT AGENCY DEBT - 0.3%
$	37,036,000		Federal Farm Credit Bank (FFCB)		0.050	%	03/02/21	37,034,508
	4,600,000		Federal Home Loan Bank (FHLB)		0.075		02/03/21	4,599,990
	27,000,000		FHLB		0.060		03/24/21	26,998,087
	4,625,000		FHLB		0.085		06/30/21	4,623,469
			TOTAL GOVERNMENT AGENCY DEBT					73,256,054
REPURCHASE AGREEMENT - 0.0%
	10,775,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21	10,775,000
			TOTAL REPURCHASE AGREEMENT					10,775,000

167

TIAA-CREF FUNDS - Equity Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE		VALUE
TREASURY DEBT - 0.4%
$	10,000,000		United States Cash Management Bill		0.063	%	02/16/21	$	9,999,823
	50,196,000		United States Treasury Bill		0.032-0.078		02/02/21		50,195,965
	50,000,000		United States Treasury Bill		0.093		02/04/21		49,999,839
			TOTAL TREASURY DEBT						110,195,627
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.2%
	72,743,560	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060				72,743,560
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						72,743,560
			TOTAL SHORT-TERM INVESTMENTS						266,970,241
			(Cost $266,969,386)
			TOTAL INVESTMENTS - 100.2%						30,558,268,491
			(Cost $15,611,601,963)
			OTHER ASSETS & LIABILITIES, NET - (0.2)%						(74,692,623	)
			NET ASSETS - 100.0%					$	30,483,575,868

*	Non-income producing
†	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 $131,020,238.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/2021, the aggregate value of these securities is $2,011,812 or 0.0% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $10,775,000 on 2/01/21, collateralized by U.S. Treasury Notes valued at $10,990,588.

Abbreviation(s):
CVR	Contingent Value Right
REIT	Real Estate Investment Trust

Futures contracts outstanding as of January 31, 2021 were as follows:

Description	Number of long (short) contracts		Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
Russell 2000 E Mini Index		143	03/19/21	$	15,238,000	$	14,787,630	$	(450,370	)
S&P 500 E Mini Index		772	03/19/21		146,499,779		143,020,720		(3,479,060	)
S&P Mid-Cap 400 E Mini Index		39	03/19/21		9,432,980		9,109,230		(323,750	)
Total		954		$	171,170,759	$	166,917,580	$	(4,253,179	)

168

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

TIAA-CREF FUNDS

LARGE-CAP GROWTH INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 3.3%
	18,861		BorgWarner, Inc	$	791,973
	523,630	*	Tesla, Inc		415,516,114
			TOTAL AUTOMOBILES & COMPONENTS		416,308,087
BANKS - 0.0%
	33,990	*,e	Rocket Cos, Inc		726,026
			TOTAL BANKS		726,026
CAPITAL GOODS - 2.1%
	256,692		3M Co		45,090,517
	41,399		Allegion plc		4,430,107
	51,684		Allison Transmission Holdings, Inc		2,103,539
	14,234		Armstrong World Industries, Inc		1,113,241
	2,783	*	Array Technologies, Inc		113,435
	43,079	*	Axon Enterprise, Inc		7,071,849
	8,837	*	AZEK Co, Inc		352,508
	41,187		BWX Technologies, Inc		2,220,803
	214,725		Carrier Global Corp		8,266,912
	9,561		Donaldson Co, Inc		568,306
	319,925		Fastenal Co		14,585,381
	38,187	*	Generac Holdings, Inc		9,410,041
	58,355		Graco, Inc		4,022,994
	24,526		HEICO Corp		2,887,691
	43,010		HEICO Corp (Class A)		4,572,393
	4,306		Huntington Ingalls		677,463
	96,287		Illinois Tool Works, Inc		18,699,898
	16,702		Lincoln Electric Holdings, Inc		1,912,379
	171,202		Lockheed Martin Corp		55,096,228
	32,245	*	Mercury Systems, Inc		2,291,330
	32,070		Nordson Corp		5,740,209
	99,109		Northrop Grumman Corp		28,405,630
	19,989		Quanta Services, Inc		1,408,625
	38,450		Rockwell Automation, Inc		9,555,978
	10,068		Roper Technologies Inc		3,955,818
	67,271		Toro Co		6,340,292
	7,978	*	TransDigm Group, Inc		4,414,068
	79,334	*	Trex Co, Inc		7,280,481
	152,015		Vertiv Holdings Co		3,058,542
	40,056	*,e	Virgin Galactic Holdings, Inc		1,774,080
	22,473		W.W. Grainger, Inc		8,188,936
			TOTAL CAPITAL GOODS		265,609,674
COMMERCIAL & PROFESSIONAL SERVICES - 1.0%
	53,888		Cintas Corp		17,142,850
	142,477	*	Copart, Inc		15,636,851

169

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	3,481		CoreLogic Inc	$	262,084
	26,997	*	CoStar Group, Inc		24,289,471
	33,341	*	Dun & Bradstreet Holdings, Inc		788,515
	61,598		Equifax, Inc		10,909,622
	21,426	*	IAA, Inc		1,224,282
	149,688		IHS Markit Ltd		13,034,831
	5,892		MSA Safety, Inc		919,859
	133,558		Rollins, Inc		4,810,759
	119,148		TransUnion		10,370,642
	109,681		Verisk Analytics, Inc		20,126,463
	37,283		Waste Management, Inc		4,150,344
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		123,666,573
CONSUMER DURABLES & APPAREL - 1.2%
	78,637	*	Lululemon Athletica, Inc		25,846,409
	144,270	*	Mattel, Inc		2,614,172
	848,485		Nike, Inc (Class B)		113,349,111
	239	*	NVR, Inc		1,062,709
	42,811	*	Peloton Interactive, Inc		6,255,971
	4,482		Polaris Inc		522,915
	95,688	*	Tempur Sealy International, Inc		2,526,163
	11,965		VF Corp		919,750
			TOTAL CONSUMER DURABLES & APPAREL		153,097,200
CONSUMER SERVICES - 1.0%
	28,467	*	Bright Horizons Family Solutions		4,326,130
	83,114	*	Chegg, Inc		7,917,440
	19,201	*	Chipotle Mexican Grill, Inc (Class A)		28,417,480
	26,890		Domino’s Pizza, Inc		9,969,736
	10,599	*	frontdoor, Inc		583,369
	98,545		H&R Block, Inc		1,697,930
	96,763		Las Vegas Sands Corp		4,653,333
	74,011		McDonald’s Corp		15,382,446
	31,643	*	Planet Fitness, Inc		2,278,296
	466,758		Starbucks Corp		45,186,842
	2,183		Vail Resorts, Inc		580,591
	127,159		Wendy’s		2,594,044
	17,168		Wynn Resorts Ltd		1,708,731
	20,105		Yum China Holdings, Inc		1,140,154
	14,994		Yum! Brands, Inc		1,521,741
			TOTAL CONSUMER SERVICES		127,958,263
DIVERSIFIED FINANCIALS - 1.5%
	57,464		Apollo Global Management, Inc		2,639,896
	69,104		Ares Management Corp		3,120,737
	6,182		Carlyle Group, Inc		199,493
	15,720		CBOE Global Markets, Inc		1,441,996
	379	*,e	Credit Acceptance Corp		146,207
	25,551		Factset Research Systems, Inc		7,725,089
	135,527		Intercontinental Exchange Group, Inc		14,955,405
	197,116		iShares Russell 1000 Growth Index Fund		47,158,032
	7,244	*,e	LendingTree, Inc		2,358,067
	3,545		LPL Financial Holdings, Inc		384,065
	25,413		MarketAxess Holdings, Inc		13,742,334
	112,405		Moody’s Corp		29,928,955
	12,771		Morningstar, Inc		2,935,925

170

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	56,389		MSCI, Inc (Class A)	$	22,290,572
	98,356		S&P Global, Inc		31,178,852
	57,050		SLM Corp		791,854
	40,144		T Rowe Price Group, Inc		6,281,733
	49,428		Tradeweb Markets, Inc		3,004,728
	40,534		Virtu Financial, Inc		1,125,629
			TOTAL DIVERSIFIED FINANCIALS		191,409,569
ENERGY - 0.1%
	157,995	*	Cheniere Energy, Inc		10,005,823
	33,453		Equitrans Midstream Corp		222,463
			TOTAL ENERGY		10,228,286
FOOD & STAPLES RETAILING - 0.9%
	16,000	e	Albertsons Cos, Inc		277,920
	269,650		Costco Wholesale Corp		95,032,749
	28,617	*	Grocery Outlet Holding Corp		1,221,660
	72,083	*	Sprouts Farmers Market, Inc		1,632,680
	238,601		SYSCO Corp		17,062,358
			TOTAL FOOD & STAPLES RETAILING		115,227,367
FOOD, BEVERAGE & TOBACCO - 2.1%
	560,505		Altria Group, Inc		23,025,545
	29,191	*,e	Beyond Meat, Inc		5,198,333
	6,081	*	Boston Beer Co, Inc (Class A)		5,575,608
	26,857		Brown-Forman Corp (Class A)		1,775,785
	106,792		Brown-Forman Corp (Class B)		7,653,783
	66,291		Campbell Soup Co		3,189,260
	1,571,991		Coca-Cola Co		75,691,367
	78,828		Hershey Co		11,464,744
	62,296		Kellogg Co		3,671,726
	22,508		Lamb Weston Holdings, Inc		1,681,348
	95,901		McCormick & Co, Inc		8,586,976
	255,582	*	Monster Beverage Corp		22,192,185
	705,637		PepsiCo, Inc		96,368,845
	15,280	*	Pilgrim’s Pride Corp		296,126
			TOTAL FOOD, BEVERAGE & TOBACCO		266,371,631
HEALTH CARE EQUIPMENT & SERVICES - 5.9%
	459,442		Abbott Laboratories		56,782,437
	30,720	*	Abiomed, Inc		10,698,240
	54,030	*	Align Technology, Inc		28,386,281
	22,175	*	Amedisys, Inc		6,371,099
	21,411	*	American Well Corp		758,164
	48,324		AmerisourceBergen Corp		5,035,361
	44,577		Anthem, Inc		13,238,477
	146,475		Baxter International, Inc		11,253,674
	200,720		Cardinal Health, Inc		10,784,686
	117,322	*	Centene Corp		7,074,517
	210,850		Cerner Corp		16,891,194
	118,362	*	Change Healthcare, Inc		2,824,117
	10,677		Chemed Corp		5,529,618
	66,813		Cigna Corp		14,501,762
	3,926		Cooper Cos, Inc		1,429,221
	9,914	*	DaVita, Inc		1,163,606
	63,503	*	DexCom, Inc		23,804,100

171

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	426,806	*	Edwards Lifesciences Corp	$	35,245,639
	32,075		Encompass Health Corp		2,578,830
	56,954	*	Guardant Health, Inc		8,856,347
	31,949	*	Haemonetics Corp		3,651,451
	95,814		HCA Healthcare, Inc		15,567,859
	5,477		Hill-Rom Holdings, Inc		526,011
	123,302	*	Hologic, Inc		9,830,868
	34,824		Humana, Inc		13,341,423
	3,565	*	ICU Medical, Inc		728,971
	58,003	*	IDEXX Laboratories, Inc		27,764,876
	45,355	*	Insulet Corp		12,117,949
	80,108	*	Intuitive Surgical, Inc		59,891,945
	3,654	*	Laboratory Corp of America Holdings		836,437
	33,827	*	Masimo Corp		8,657,006
	82,646		McKesson Corp		14,419,248
	27,275	*	Molina Healthcare, Inc		5,826,213
	69,754	*	Novocure Ltd		11,227,604
	8,562	*	Oak Street Health, Inc		444,111
	22,976	*	Penumbra, Inc		5,998,804
	26,456	*	Quidel Corp		6,639,662
	99,291		Resmed, Inc		20,014,087
	2,895		STERIS plc		541,683
	78,303		Stryker Corp		17,305,746
	37,007	*	Tandem Diabetes Care, Inc		3,428,699
	69,320	*,e	Teladoc, Inc		18,288,696
	20,103		Teleflex, Inc		7,591,496
	543,655		UnitedHealth Group, Inc		181,352,435
	8,246	*	Varian Medical Systems, Inc		1,447,750
	93,251	*	Veeva Systems, Inc		25,778,306
	50,703		West Pharmaceutical Services, Inc		15,185,041
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		751,611,747
HOUSEHOLD & PERSONAL PRODUCTS - 1.3%
	171,448		Church & Dwight Co, Inc		14,475,355
	61,588		Clorox Co		12,900,222
	34,708		Energizer Holdings, Inc		1,521,599
	137,082		Estee Lauder Cos (Class A)		32,440,455
	7,234	*	Herbalife Nutrition Ltd		368,645
	754,545		Procter & Gamble Co		96,740,214
	10,022		Reynolds Consumer Products Inc		300,660
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		158,747,150
INSURANCE - 0.6%
	925		Alleghany Corp		524,336
	156,420		Aon plc		31,768,902
	7,981		Axis Capital Holdings Ltd		366,328
	10,088		Brown & Brown, Inc		434,692
	9,943		Erie Indemnity Co (Class A)		2,417,143
	7,113	*	GoHealth, Inc		94,674
	16,478		Lincoln National Corp		749,584
	272,165		Marsh & McLennan Cos, Inc		29,913,655
	16,111		Primerica, Inc		2,244,424
	116,233		Progressive Corp		10,134,355
	11,466		RenaissanceRe Holdings Ltd		1,724,945
			TOTAL INSURANCE		80,373,038

172

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
MATERIALS - 0.8%
	19,511		Air Products & Chemicals, Inc	$	5,204,754
	163,043		Amcor plc		1,783,690
	23,640		Avery Dennison Corp		3,566,567
	205,713		Ball Corp		18,106,858
	30,329	*	Berry Global Group, Inc		1,497,343
	9,713	*	Crown Holdings, Inc		875,627
	34,443		Ecolab, Inc		7,043,938
	17,334		FMC Corp		1,877,099
	37,827		Graphic Packaging Holding Co		592,371
	4,719		NewMarket Corp		1,850,745
	32,063		Royal Gold, Inc		3,426,893
	72,755		RPM International, Inc		6,000,105
	26,252		Scotts Miracle-Gro Co (Class A)		5,812,455
	57,024		Sherwin-Williams Co		39,449,203
	13,634		WR Grace and Co		791,045
			TOTAL MATERIALS		97,878,693
MEDIA & ENTERTAINMENT - 11.0%
	209,464		Activision Blizzard, Inc		19,061,224
	161,287	*	Alphabet, Inc (Class A)		294,729,412
	156,225	*	Alphabet, Inc (Class C)		286,788,481
	207,654	*	Altice USA, Inc		7,386,253
	3,646		Cable One, Inc		7,292,000
	90,613	*	Charter Communications, Inc		55,052,834
	27,440		Electronic Arts, Inc		3,929,408
	1,662,771	*	Facebook, Inc		429,543,632
	51,678	*	IAC/InterActive Corp		10,849,796
	5,536	*	Liberty SiriusXM Group (Class A)		223,765
	14,362	*	Liberty SiriusXM Group (Class C)		582,523
	97,039	*	Live Nation, Inc		6,448,242
	155,124	*	Match Group, Inc		21,695,643
	294,448	*	Netflix, Inc		156,761,171
	19,894		Nexstar Media Group Inc		2,261,351
	231,306	*	Pinterest, Inc		15,846,774
	75,418	*	Roku, Inc		29,339,865
	489,279	e	Sirius XM Holdings, Inc		3,062,887
	90,601	*	Spotify Technology S.A.		28,539,315
	72,902	*	Take-Two Interactive Software, Inc		14,613,206
	31,344		World Wrestling Entertainment, Inc (Class A)		1,765,607
	4,714	*	Zillow Group, Inc (Class A)		653,926
	11,163	*	Zillow Group, Inc (Class C)		1,456,325
	494,977	*	Zynga, Inc		4,905,222
			TOTAL MEDIA & ENTERTAINMENT		1,402,788,862
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.9%
	39,803	*	10X Genomics, Inc		6,812,283
	1,146,457		AbbVie, Inc		117,488,913
	77,557	*	Acadia Pharmaceuticals, Inc		3,726,614
	34,667	*	Acceleron Pharma, Inc		4,005,079
	52,442	*	Adaptive Biotechnologies Corp		2,908,958
	18,519		Agilent Technologies, Inc		2,225,428
	5,948	*	Agios Pharmaceuticals, Inc		279,378
	22,434	*	Alexion Pharmaceuticals, Inc		3,439,805
	79,584	*	Alnylam Pharmaceuticals, Inc		11,975,800
	403,268		Amgen, Inc		97,360,993

173

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	342,041	*	Avantor, Inc	$	10,086,789
	5,035	*	Berkeley Lights, Inc		362,520
	31,753	*	Biogen, Inc		8,973,715
	113,049	*	BioMarin Pharmaceutical, Inc		9,358,196
	24,894		Bio-Techne Corp		8,088,310
	20,613	*	Bluebird Bio, Inc		918,309
	569,013		Bristol-Myers Squibb Co		34,954,469
	29,536		Bruker BioSciences Corp		1,709,839
	29,830	*	Charles River Laboratories International, Inc		7,727,461
	583,130		Eli Lilly & Co		121,273,546
	89,227	*	Exact Sciences Corp		12,238,375
	77,672	*	Exelixis, Inc		1,725,095
	41,330	*	Global Blood Therapeutics, Inc		2,071,460
	124,442	*	Horizon Therapeutics Plc		9,019,556
	101,587	*	Illumina, Inc		43,320,760
	125,670	*	Incyte Corp		11,278,883
	44,515	*	Ionis Pharmaceuticals, Inc		2,674,016
	95,361	*	Iovance Biotherapeutics, Inc		4,180,626
	49,628	*	IQVIA Holdings, Inc		8,823,858
	245,105		Johnson & Johnson		39,983,979
	1,528,195		Merck & Co, Inc		117,777,989
	15,312	*	Mettler-Toledo International, Inc		17,885,947
	197,759	*	Moderna, Inc		34,243,948
	63,550	*	Neurocrine Biosciences, Inc		6,974,613
	14,891		PerkinElmer, Inc		2,190,019
	94,380	*	PPD, Inc		3,035,261
	36,775	*	PRA Health Sciences, Inc		4,532,151
	15,464	*	Reata Pharmaceuticals, Inc		1,601,916
	66,982	*	Regeneron Pharmaceuticals, Inc		33,748,211
	36,042	*	Repligen Corp		7,208,400
	31,628		Royalty Pharma plc		1,486,832
	3,564	*	Sage Therapeutics, Inc		287,437
	51,699	*	Sarepta Therapeutics, Inc		4,621,891
	87,558	*	Seagen, Inc		14,383,153
	5,480	*	Syneos Health, Inc		407,438
	160,450		Thermo Fisher Scientific, Inc		81,781,365
	179,665	*	Vertex Pharmaceuticals, Inc		41,157,658
	3,030	*	Waters Corp		801,950
	297,684		Zoetis, Inc		45,917,757
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		1,009,036,949
REAL ESTATE - 1.7%
	305,286		American Tower Corp		69,409,825
	13,985		Americold Realty Trust		488,216
	29,628		Brookfield Property REIT, Inc		514,046
	21,033		Coresite Realty		2,827,677
	267,658		Crown Castle International Corp		42,627,213
	61,470		Equinix, Inc		45,485,341
	47,883		Equity Lifestyle Properties, Inc		2,913,202
	61,055		Extra Space Storage, Inc		6,947,448
	114,210		Iron Mountain, Inc		3,845,451
	67,537		Public Storage, Inc		15,372,772
	10,062		SBA Communications Corp		2,703,358
	175,509		Simon Property Group, Inc		16,310,051
			TOTAL REAL ESTATE		209,444,600

174

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
RETAILING - 11.4%
	293,623	*	Amazon.com, Inc	$	941,414,063
	9,548	*	AutoZone, Inc		10,678,197
	28,245		Best Buy Co, Inc		3,073,621
	28,281	*	Booking Holdings, Inc		54,987,597
	40,474	*	Burlington Stores, Inc		10,073,979
	8,035	*	CarMax, Inc		946,362
	38,735	*	Carvana Co		10,117,195
	174,101		Dollar General Corp		33,881,796
	77,493	*	Dollar Tree, Inc		7,877,938
	414,647		eBay, Inc		23,431,702
	81,376	*	Etsy, Inc		16,201,148
	10,442		Expedia Group, Inc		1,295,852
	37,727	*	Five Below, Inc		6,629,766
	64,661	*	Floor & Decor Holdings, Inc		5,953,338
	6,299	*	GrubHub, Inc		474,126
	372,040		Home Depot, Inc		100,755,873
	11,843	*	Leslie’s, Inc		338,710
	523,114		Lowe’s Companies, Inc		87,281,571
	33,280	*	Ollie’s Bargain Outlet Holdings, Inc		3,152,614
	49,451	*	O’Reilly Automotive, Inc		21,039,917
	26,733		Pool Corp		9,468,294
	194,967		Ross Stores, Inc		21,697,877
	671,753		TJX Companies, Inc		43,019,062
	79,626		Tractor Supply Co		11,286,189
	34,595	*	Ulta Beauty, Inc		9,678,297
	14,718	*	Vroom, Inc		542,064
	44,529	*	Wayfair, Inc		12,126,137
	8,206		Williams-Sonoma, Inc		1,057,917
			TOTAL RETAILING		1,448,481,202
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 6.5%
	770,912	*	Advanced Micro Devices, Inc		66,020,904
	7,992	*	Allegro MicroSystems, Inc		223,137
	31,436		Analog Devices, Inc		4,631,466
	634,060		Applied Materials, Inc		61,300,921
	259,201		Broadcom, Inc		116,770,050
	73,097	*	Enphase Energy, Inc		13,329,238
	86,527		Entegris, Inc		8,513,391
	33,324	*	Inphi Corp		5,618,760
	107,403		KLA Corp		30,080,358
	100,307		Lam Research Corp		48,543,573
	61,920		Maxim Integrated Products, Inc		5,431,003
	129,351		Microchip Technology, Inc		17,605,965
	28,288		MKS Instruments, Inc		4,471,484
	30,032		Monolithic Power Systems, Inc		10,670,069
	408,742		NVIDIA Corp		212,378,256
	779,218		QUALCOMM, Inc		121,776,189
	33,882	*	SolarEdge Technologies, Inc		9,769,197
	114,059		Teradyne, Inc		12,943,415
	316,795		Texas Instruments, Inc		52,489,763
	29,594		Universal Display Corp		6,830,887
	169,175		Xilinx, Inc		22,089,180
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		831,487,206

175

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
SOFTWARE & SERVICES - 26.0%
	16,361	*,e	2U, Inc	$	669,165
	441,174		Accenture plc		106,728,814
	332,995	*	Adobe, Inc		152,768,116
	90,356	*	Akamai Technologies, Inc		10,032,227
	36,881	*	Alteryx, Inc		4,648,850
	91,274	*	Anaplan, Inc		6,087,976
	59,322	*	Ansys, Inc		21,021,937
	43,678	*	Aspen Technology, Inc		5,848,484
	91,007	*	Atlassian Corp plc		21,034,448
	101,144	*	Autodesk, Inc		28,060,380
	255,778		Automatic Data Processing, Inc		42,234,063
	56,821	*	Avalara, Inc		8,523,150
	7,145	*	BigCommerce Holdings, Inc		571,171
	50,582	*	Bill.Com Holdings, Inc		6,164,934
	104,509	*	Black Knight, Inc		8,537,340
	93,594		Booz Allen Hamilton Holding Co		7,971,401
	79,126		Broadridge Financial Solutions, Inc		11,181,295
	2,750	*	CACI International, Inc (Class A)		663,355
	190,772	*	Cadence Design Systems, Inc		24,874,761
	10,983		CDK Global, Inc		548,052
	56,462	*	Ceridian HCM Holding, Inc		5,245,884
	23,205		Citrix Systems, Inc		3,093,459
	75,151	*	Cloudflare, Inc		5,761,076
	26,784		Cognizant Technology Solutions Corp (Class A)		2,087,813
	47,490	*	Coupa Software, Inc		14,715,726
	76,124	*	Crowdstrike Holdings, Inc		16,427,559
	105,665	*	Datadog, Inc		10,857,079
	7,985	*	Datto Holding Corp		190,522
	122,972	*	DocuSign, Inc		28,638,949
	169,256	*	Dropbox, Inc		3,830,263
	12,004	*	Duck Creek Technologies, Inc		580,273
	127,420	*	Dynatrace, Inc		5,289,204
	45,316	*	Elastic NV		6,886,219
	36,717	*	EPAM Systems, Inc		12,646,436
	24,223	*	Everbridge, Inc		3,219,963
	19,320	*	Fair Isaac Corp		8,696,125
	54,333	*	Fastly, Inc		5,941,314
	35,189	*	FireEye, Inc		738,969
	118,038	*	Fiserv, Inc		12,121,322
	42,502	*	Five9, Inc		7,065,958
	56,833	*	FleetCor Technologies, Inc		13,796,211
	91,875	*	Fortinet, Inc		13,298,906
	59,576	*	Gartner, Inc		9,050,190
	49,563		Genpact Ltd		1,897,272
	26,712	*	Globant S.A.		5,128,704
	115,420	*	GoDaddy, Inc		9,069,704
	10,765	*	Guidewire Software, Inc		1,235,176
	28,534	*	HubSpot, Inc		10,620,355
	174,378		Intuit, Inc		62,990,565
	41,223		Jack Henry & Associates, Inc		5,968,678
	11,106	*	Jamf Holding Corp		410,145
	7,548	*	JFrog Ltd		471,524
	8,612		Leidos Holdings, Inc		913,389
	38,915	*	Manhattan Associates, Inc		4,406,345
	610,764		Mastercard, Inc (Class A)		193,178,546
	12,356	e	McAfee Corp		232,911

176

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	59,743	*	Medallia, Inc	$	2,479,335
	5,185,462		Microsoft Corp		1,202,819,766
	35,247	*	MongoDB, Inc		13,027,644
	8,126	*	nCino, Inc		582,634
	35,795	*	New Relic, Inc		2,691,068
	378,314		NortonLifelock, Inc		7,971,076
	132,262	*	Nutanix, Inc		4,036,636
	79,453	*	Okta, Inc		20,579,122
	1,147,752		Oracle Corp		69,358,653
	48,015	*	Pagerduty, Inc		2,339,771
	64,654	*	Palo Alto Networks, Inc		22,677,391
	175,569		Paychex, Inc		15,330,685
	34,037	*	Paycom Software, Inc		12,925,210
	26,535	*	Paylocity Holding Corp		4,974,251
	813,132	*	PayPal Holdings, Inc		190,524,959
	24,683		Pegasystems, Inc		3,145,848
	71,843	*	Pluralsight, Inc		1,494,334
	38,693	*	Proofpoint, Inc		4,994,492
	71,846	*	PTC, Inc		9,549,052
	53,074	*	RealPage, Inc		4,594,616
	54,327	*	RingCentral, Inc		20,259,625
	562,721	*	salesforce.com, Inc		126,927,349
	5,494		Science Applications International Corp		527,589
	134,562	*	ServiceNow, Inc		73,088,696
	262,867	*	Slack Technologies, Inc		11,085,101
	76,597	*	Smartsheet, Inc		5,341,875
	110,174	*	Splunk, Inc		18,182,015
	255,651	*	Square, Inc		55,210,390
	32,752		SS&C Technologies Holdings, Inc		2,059,446
	140,207	*	StoneCo Ltd		10,080,883
	57,011		Switch, Inc		981,729
	97,084	*	Synopsys, Inc		24,800,108
	54,841	*	Teradata Corp		1,475,223
	28,609	*	Trade Desk, Inc		21,914,208
	80,631	*	Twilio, Inc		28,981,200
	27,542	*	Tyler Technologies, Inc		11,644,482
	16,986	*,e	Unity Software, Inc		2,544,843
	41,452	*	VeriSign, Inc		8,044,590
	1,168,865		Visa, Inc (Class A)		225,883,161
	55,959	*,e	VMware, Inc (Class A)		7,713,948
	54,932		Western Union Co		1,223,336
	2,772	*	WEX, Inc		522,799
	121,865	*	Workday, Inc		27,727,943
	79,522	*	Zendesk, Inc		11,470,253
	118,229	*	Zoom Video Communications, Inc		43,989,464
	50,095	*	Zscaler, Inc		10,003,972
			TOTAL SOFTWARE & SERVICES		3,302,653,424
TECHNOLOGY HARDWARE & EQUIPMENT - 12.3%
	120,249		Amphenol Corp (Class A)		15,016,695
	11,175,566		Apple, Inc		1,474,727,689
	33,318	*	Arista Networks, Inc		10,247,284
	97,298		CDW Corp		12,810,255
	116,187		Cognex Corp		9,542,438
	13,105	*	Coherent, Inc		2,632,008
	11,338	*	CommScope Holding Co, Inc		166,555

177

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY				VALUE
	11,058	*	Dell Technologies, Inc				$	806,018
	5,380		Dolby Laboratories, Inc (Class A)					473,601
	1,720	*	IPG Photonics Corp					384,300
	18,124		Jabil Inc					749,790
	43,664	*	Keysight Technologies, Inc					6,182,386
	5,702	*	Lumentum Holdings, Inc					534,848
	11,599		Motorola Solutions, Inc					1,943,413
	81,869		NetApp, Inc					5,439,376
	94,698	*	Pure Storage, Inc					2,190,365
	4,790		Ubiquiti, Inc					1,475,272
	33,322	*	Zebra Technologies Corp (Class A)					12,923,271
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT					1,558,245,564
TRANSPORTATION - 1.3%
	13,817		CH Robinson Worldwide, Inc					1,182,183
	71,324		Expeditors International of Washington, Inc					6,384,924
	15,989		JB Hunt Transport Services, Inc					2,153,079
	21,387		Landstar System, Inc					2,981,348
	58,392		Old Dominion Freight Line					11,328,048
	733,929	*	Uber Technologies, Inc					37,379,004
	239,688		Union Pacific Corp					47,331,189
	327,152		United Parcel Service, Inc (Class B)					50,708,560
	3,410	*	XPO Logistics, Inc					376,498
			TOTAL TRANSPORTATION					159,824,833
UTILITIES - 0.0%
	64,316		NRG Energy, Inc					2,663,326
			TOTAL UTILITIES					2,663,326
			TOTAL COMMON STOCKS					12,683,839,270
			(Cost $6,769,863,906)
				RATE
SHORT-TERM INVESTMENTS - 0.0%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.0%
	5,126,415	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060	%		5,126,415
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					5,126,415
			TOTAL SHORT-TERM INVESTMENTS					5,126,415
			(Cost $5,126,415)
			TOTAL INVESTMENTS - 99.9%					12,688,965,685
			(Cost $6,774,990,321)
			OTHER ASSETS & LIABILITIES, NET - 0.1%					7,543,400
			NET ASSETS - 100.0%				$	12,696,509,085
		*	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 $16,802,840.

178

TIAA-CREF FUNDS - Large-Cap Value Index Fund

TIAA-CREF FUNDS

LARGE-CAP VALUE INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 1.1%
	117,360		Aptiv plc	$	15,679,296
	93,952		BorgWarner, Inc		3,945,044
	1,699,201	*	Ford Motor Co		17,892,587
	547,685		General Motors Co		27,756,676
	106,980		Gentex Corp		3,535,689
	67,025		Harley-Davidson, Inc		2,687,032
	26,258		Lear Corp		3,958,656
	23,368		Thor Industries, Inc		2,827,762
			TOTAL AUTOMOBILES & COMPONENTS		78,282,742
BANKS - 7.7%
	71,407		Associated Banc-Corp		1,281,042
	3,398,733		Bank of America Corp		100,772,434
	17,274		Bank of Hawaii Corp		1,350,654
	53,507		Bank OZK		1,988,320
	13,741		BOK Financial Corp		1,014,910
	915,468		Citigroup, Inc		53,087,989
	186,805		Citizens Financial Group, Inc		6,807,174
	60,174		Comerica, Inc		3,441,953
	44,933		Commerce Bancshares, Inc		3,003,771
	24,533		Cullen/Frost Bankers, Inc		2,262,924
	61,779		East West Bancorp, Inc		3,703,033
	311,786		Fifth Third Bancorp		9,019,969
	2,871		First Citizens Bancshares, Inc (Class A)		1,711,087
	56,792		First Hawaiian, Inc		1,320,414
	240,072		First Horizon National Corp		3,334,600
	75,302		First Republic Bank		10,918,037
	126,423		FNB Corp		1,246,531
	442,712		Huntington Bancshares, Inc		5,854,866
	1,331,091		JPMorgan Chase & Co		171,271,479
	425,854		Keycorp		7,179,899
	56,129		M&T Bank Corp		7,435,409
	147,986		MGIC Investment Corp		1,734,396
	199,767		New York Community Bancorp, Inc		2,089,563
	51,536		PacWest Bancorp		1,555,872
	185,337		People’s United Financial, Inc		2,531,703
	32,370		Pinnacle Financial Partners, Inc		2,218,316
	186,494		PNC Financial Services Group, Inc		26,765,619
	36,867		Popular, Inc		2,092,202
	39,118		Prosperity Bancshares, Inc		2,638,118
	421,174		Regions Financial Corp		7,164,170
	32,435	*,e	Rocket Cos, Inc		692,812
	22,797		Signature Bank		3,765,836
	84,699		Sterling Bancorp		1,563,544
	22,339	*	SVB Financial Group		9,779,567
	63,215		Synovus Financial Corp		2,351,598
	66,113		TCF Financial Corp		2,569,151

179

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	22,192		TFS Financial Corp	$	392,133
	592,757		Truist Financial Corp		28,440,481
	107,808		Umpqua Holdings Corp		1,564,294
	596,651		US Bancorp		25,566,495
	39,080		Webster Financial Corp		1,826,990
	1,650,606		Wells Fargo & Co		49,320,107
	43,269		Western Alliance Bancorp		2,950,080
	25,142		Wintrust Financial Corp		1,513,297
	70,755		Zions Bancorporation		3,123,126
			TOTAL BANKS		582,215,965
CAPITAL GOODS - 9.4%
	84,170		3M Co		14,785,302
	58,421		A.O. Smith Corp		3,172,260
	15,288		Acuity Brands, Inc		1,838,229
	66,284	*	Aecom Technology Corp		3,320,828
	27,069		AGCO Corp		3,001,952
	44,925		Air Lease Corp		1,780,378
	14,134		Allegion plc		1,512,479
	17,377		Allison Transmission Holdings, Inc		707,244
	101,457		Ametek, Inc		11,491,020
	13,155		Armstrong World Industries, Inc		1,028,853
	22,133	*	Array Technologies, Inc		902,141
	26,113	*	AZEK Co, Inc		1,041,648
	234,821		Boeing Co		45,599,890
	14,536		BWX Technologies, Inc		783,781
	23,215		Carlisle Cos, Inc		3,364,550
	245,445		Carrier Global Corp		9,449,632
	237,982		Caterpillar, Inc		43,512,629
	43,413	*	Colfax Corp		1,611,491
	21,325		Crane Co		1,613,876
	65,222		Cummins, Inc		15,289,341
	18,184		Curtiss-Wright Corp		1,887,317
	124,091		Deere & Co		35,837,481
	49,579		Donaldson Co, Inc		2,946,976
	62,995		Dover Corp		7,338,288
	177,174		Eaton Corp		20,853,380
	263,079		Emerson Electric Co		20,875,319
	47,116		Fastenal Co		2,148,018
	57,087		Flowserve Corp		2,030,014
	130,673		Fortive Corp		8,634,872
	60,360		Fortune Brands Home & Security, Inc		5,206,050
	19,491	*	Gates Industrial Corp plc		275,213
	2,032	*	Generac Holdings, Inc		500,725
	111,158		General Dynamics Corp		16,304,655
	3,826,605		General Electric Co		40,868,141
	35,238		Graco, Inc		2,429,308
	29,643		GrafTech International Ltd		287,537
	3,837		HEICO Corp		451,768
	6,680		HEICO Corp (Class A)		710,151
	36,526		Hexcel Corp		1,594,725
	308,750		Honeywell International, Inc		60,320,488
	173,000		Howmet Aerospace, Inc		4,252,340
	23,676		Hubbell, Inc		3,683,986
	15,696		Huntington Ingalls		2,469,452
	33,017		IDEX Corp		6,147,435

180

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	77,158		Illinois Tool Works, Inc	$	14,984,855
	151,894	*	Ingersoll Rand, Inc		6,355,245
	37,876		ITT, Inc		2,829,716
	54,885		Jacobs Engineering Group, Inc		5,541,190
	318,289		Johnson Controls International plc		15,857,158
	91,862		L3Harris Technologies, Inc		15,755,252
	15,153		Lennox International, Inc		4,174,500
	14,353		Lincoln Electric Holdings, Inc		1,643,419
	115,198		Masco Corp		6,256,403
	4,450	*	Mercury Systems, Inc		316,217
	24,138	*	Middleby Corp		3,276,009
	19,575		MSC Industrial Direct Co (Class A)		1,518,433
	4,463		Nordson Corp		798,832
	5,655		Northrop Grumman Corp		1,620,780
	60,548		nVent Electric plc		1,355,064
	29,677		Oshkosh Corp		2,718,116
	180,658		Otis Worldwide Corp		11,679,540
	46,850		Owens Corning, Inc		3,635,560
	148,301		PACCAR, Inc		13,528,017
	56,545		Parker-Hannifin Corp		14,962,372
	72,333		Pentair plc		3,939,255
	47,745		Quanta Services, Inc		3,364,590
	627,863		Raytheon Technologies Corp		41,897,298
	17,741		Regal-Beloit Corp		2,226,141
	26,126		Rockwell Automation, Inc		6,493,095
	39,241		Roper Technologies Inc		15,418,181
	67,621	*	Sensata Technologies Holding plc		3,685,344
	23,577		Snap-On, Inc		4,243,624
	49,014		Spirit Aerosystems Holdings, Inc (Class A)		1,660,104
	67,611		Stanley Black & Decker, Inc		11,729,832
	15,889	*	Teledyne Technologies, Inc		5,672,532
	99,800		Textron, Inc		4,516,948
	27,595		Timken Co		2,087,838
	4,637		Toro Co		437,037
	105,564		Trane Technologies plc		15,132,599
	17,816	*	TransDigm Group, Inc		9,857,236
	39,412		Trinity Industries, Inc		1,096,048
	31,561	*	United Rentals, Inc		7,669,639
	73,081	*	Univar Solutions Inc		1,358,576
	9,180		Valmont Industries, Inc		1,771,006
	7,361	*,e	Virgin Galactic Holdings, Inc		326,019
	5,190		W.W. Grainger, Inc		1,891,184
	77,671		Wabtec Corp		5,763,965
	14,277		Watsco, Inc		3,404,922
	24,381		Woodward Inc		2,729,453
	78,408		Xylem, Inc		7,573,429
			TOTAL CAPITAL GOODS		708,613,736
COMMERCIAL & PROFESSIONAL SERVICES - 0.8%
	71,179		ADT, Inc		642,746
	4,412		Cintas Corp		1,403,545
	22,551	*	Clean Harbors, Inc		1,746,800
	32,929		CoreLogic Inc		2,479,224
	19,648	*	Dun & Bradstreet Holdings, Inc		464,675
	13,682		Equifax, Inc		2,423,219
	16,002	*	FTI Consulting, Inc		1,759,740

181

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	44,839	*	IAA, Inc	$	2,562,100
	79,197		IHS Markit Ltd		6,896,475
	25,374		Manpower, Inc		2,244,077
	12,405		MSA Safety, Inc		1,936,669
	159,314		Nielsen NV		3,557,482
	92,916		Republic Services, Inc		8,410,756
	48,925		Robert Half International, Inc		3,302,438
	12,181		Rollins, Inc		438,760
	40,033	*	Stericycle, Inc		2,621,361
	7,412		TransUnion		645,140
	161,311		Waste Management, Inc		17,957,141
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		61,492,348
CONSUMER DURABLES & APPAREL - 1.5%
	34,565		Brunswick Corp		2,988,490
	63,619	*	Capri Holdings Ltd		2,650,368
	18,771		Carter’s, Inc		1,652,599
	12,618		Columbia Sportswear Co		1,103,570
	144,924		DR Horton, Inc		11,130,163
	66,435		Garmin Ltd		7,630,724
	151,946		Hanesbrands, Inc		2,323,254
	55,752		Hasbro, Inc		5,230,653
	57,852		Leggett & Platt, Inc		2,371,932
	118,241		Lennar Corp (Class A)		9,831,739
	5,886		Lennar Corp (Class B)		394,009
	62,469	*	Mattel, Inc		1,131,938
	25,456	*	Mohawk Industries, Inc		3,655,482
	168,306		Newell Brands Inc		4,042,710
	1,318	*	NVR, Inc		5,860,461
	84,217	*	Peloton Interactive, Inc		12,306,630
	22,837		Polaris Inc		2,664,393
	121,482		Pulte Homes, Inc		5,284,467
	30,775		PVH Corp		2,623,876
	20,931		Ralph Lauren Corp		2,115,078
	58,610	*	Skechers U.S.A., Inc (Class A)		2,020,873
	121,184		Tapestry, Inc		3,831,838
	21,452	*	Tempur Sealy International, Inc		566,333
	49,382		Toll Brothers, Inc		2,523,420
	82,501	*	Under Armour, Inc (Class A)		1,443,768
	83,055	*	Under Armour, Inc (Class C)		1,243,333
	134,304		VF Corp		10,323,948
	26,732		Whirlpool Corp		4,947,826
			TOTAL CONSUMER DURABLES & APPAREL		113,893,875
CONSUMER SERVICES - 2.5%
	100,032		ARAMARK Holdings Corp		3,430,097
	7,733	*	Bright Horizons Family Solutions		1,175,184
	204,716		Carnival Corp		3,822,048
	15,242		Choice Hotels International, Inc		1,533,955
	57,009		Darden Restaurants, Inc		6,663,782
	77,542		Extended Stay America, Inc		1,138,316
	31,212	*	frontdoor, Inc		1,717,908
	1,889		Graham Holdings Co		1,073,160
	20,916	*	Grand Canyon Education, Inc		1,776,605
	25,112		H&R Block, Inc		432,680
	119,689		Hilton Worldwide Holdings, Inc		12,135,268

182

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	17,821		Hyatt Hotels Corp	$	1,170,127
	83,427		Las Vegas Sands Corp		4,012,004
	118,862		Marriott International, Inc (Class A)		13,824,839
	279,839		McDonald’s Corp		58,161,738
	206,315		MGM Resorts International		5,892,356
	137,894	*	Norwegian Cruise Line Holdings Ltd		3,123,299
	15,174	*	Planet Fitness, Inc		1,092,528
	80,364		Royal Caribbean Cruises Ltd		5,223,660
	74,239		Service Corp International		3,743,873
	36,423		Six Flags Entertainment Corp		1,245,666
	216,907		Starbucks Corp		20,998,767
	58,332	*	Terminix Global Holdings, Inc		2,781,270
	16,107		Vail Resorts, Inc		4,283,818
	34,932		Wyndham Destinations, Inc		1,545,392
	40,182		Wyndham Hotels & Resorts, Inc		2,337,387
	32,305		Wynn Resorts Ltd		3,215,317
	163,698		Yum China Holdings, Inc		9,283,313
	122,267		Yum! Brands, Inc		12,408,878
			TOTAL CONSUMER SERVICES		189,243,235
DIVERSIFIED FINANCIALS - 9.2%
	19,742		Affiliated Managers Group, Inc		2,175,371
	240,591		AGNC Investment Corp		3,753,220
	163,748		Ally Financial, Inc		6,196,224
	287,977		American Express Co		33,480,206
	51,672		Ameriprise Financial, Inc		10,224,339
	627,394		Annaly Capital Management, Inc		5,094,439
	37,681		Apollo Global Management, Inc		1,731,065
	350,041		Bank of New York Mellon Corp		13,942,133
	826,719	*	Berkshire Hathaway, Inc (Class B)		188,384,458
	64,712		BlackRock, Inc		45,379,937
	200,194		Capital One Financial Corp		20,872,226
	45,854		Carlyle Group, Inc		1,479,709
	36,120		CBOE Global Markets, Inc		3,313,288
	606,582		Charles Schwab Corp		31,263,236
	155,825		CME Group, Inc		28,319,635
	4,137	*,e	Credit Acceptance Corp		1,595,930
	134,352		Discover Financial Services		11,223,766
	48,526		Eaton Vance Corp		3,258,036
	173,602		Equitable Holdings, Inc		4,301,857
	17,303		Evercore Inc		1,887,757
	114,344		Franklin Resources, Inc		3,006,104
	145,902		Goldman Sachs Group, Inc		39,564,245
	31,923		Interactive Brokers Group, Inc (Class A)		1,953,368
	157,445		Intercontinental Exchange Group, Inc		17,374,056
	165,243		Invesco Ltd		3,402,353
	579,449		iShares Russell 1000 Value Index Fund		78,480,573
	99,349		Jefferies Financial Group, Inc		2,319,799
	237,667		KKR & Co, Inc		9,257,130
	44,161		Lazard Ltd (Class A)		1,819,433
	40	*,e	LendingTree, Inc		13,021
	31,690		LPL Financial Holdings, Inc		3,433,295
	585,558		Morgan Stanley		39,261,664
	1,429		Morningstar, Inc		328,513
	49,974		Nasdaq Inc		6,759,983
	178,756		New Residential Investment Corp		1,678,519

183

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	85,299		Northern Trust Corp	$	7,607,818
	28,480		OneMain Holdings, Inc		1,326,029
	53,804		Raymond James Financial, Inc		5,376,634
	43,886		S&P Global, Inc		13,911,862
	33,080		Santander Consumer USA Holdings, Inc		731,068
	49,823		SEI Investments Co		2,633,145
	126,117		SLM Corp		1,750,504
	119,754		Starwood Property Trust, Inc		2,246,585
	154,590		State Street Corp		10,821,300
	255,560		Synchrony Financial		8,599,594
	74,718		T Rowe Price Group, Inc		11,691,873
	5,396		Tradeweb Markets, Inc		328,023
	2,931		Virtu Financial, Inc		81,394
	55,069		Voya Financial, Inc		3,054,127
			TOTAL DIVERSIFIED FINANCIALS		696,688,844
ENERGY - 4.5%
	128,911		Antero Midstream Corp		1,044,179
	166,042		Apache Corp		2,371,080
	289,990		Baker Hughes Co		5,825,899
	171,820		Cabot Oil & Gas Corp		3,149,461
	846,510		Chevron Corp		72,122,652
	42,252		Cimarex Energy Co		1,782,189
	594,308		ConocoPhillips		23,790,149
	32,763	e	Continental Resources, Inc		645,104
	258,324		Devon Energy Corp		4,252,013
	70,357		Diamondback Energy, Inc		3,988,538
	257,733		EOG Resources, Inc		13,134,074
	120,323		EQT Corp		1,962,468
	169,221		Equitrans Midstream Corp		1,125,320
	1,856,249		Exxon Mobil Corp		83,234,205
	383,961		Halliburton Co		6,769,232
	45,779		Helmerich & Payne, Inc		1,111,514
	120,741		Hess Corp		6,517,599
	61,136		HollyFrontier Corp		1,739,931
	860,452		Kinder Morgan, Inc		12,115,164
	345,310		Marathon Oil Corp		2,500,044
	283,797		Marathon Petroleum Corp		12,248,679
	59,314		Murphy Oil Corp		733,714
	170,032	*	Nov, Inc		2,104,996
	367,844		Occidental Petroleum Corp		7,378,951
	192,304		ONEOK, Inc		7,659,468
	193,118		Phillips 66		13,093,400
	89,166		Pioneer Natural Resources Co		10,780,169
	614,711		Schlumberger Ltd		13,652,731
	100,948		Targa Resources Investments, Inc		2,762,947
	178,769		Valero Energy Corp		10,087,935
	533,185		Williams Cos, Inc		11,319,518
			TOTAL ENERGY		341,003,323
FOOD & STAPLES RETAILING - 1.8%
	12,252	e	Albertsons Cos, Inc		212,817
	16,132		Casey’s General Stores, Inc		3,024,427
	22,695		Costco Wholesale Corp		7,998,399
	14,202	*	Grocery Outlet Holding Corp		606,284
	342,554		Kroger Co		11,818,113

184

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	8,108	*	Sprouts Farmers Market, Inc	$	183,646
	61,084		SYSCO Corp		4,368,117
	96,279	*	US Foods Holding Corp		2,983,686
	320,327		Walgreens Boots Alliance, Inc		16,096,432
	612,370		Walmart, Inc		86,031,861
			TOTAL FOOD & STAPLES RETAILING		133,323,782
FOOD, BEVERAGE & TOBACCO - 3.8%
	460,013		Altria Group, Inc		18,897,334
	242,882		Archer-Daniels-Midland Co		12,146,529
	4,562	*	Beyond Meat, Inc		812,401
	3,357		Brown-Forman Corp (Class A)		221,965
	11,718		Brown-Forman Corp (Class B)		839,829
	60,506		Bunge Ltd		3,959,513
	42,267		Campbell Soup Co		2,033,465
	703,503		Coca-Cola Co		33,873,669
	216,508		ConAgra Brands, Inc		7,491,177
	70,557		Constellation Brands, Inc (Class A)		14,882,588
	85,402		Flowers Foods, Inc		1,960,830
	265,665		General Mills, Inc		15,435,137
	39,400	*	Hain Celestial Group, Inc		1,638,449
	14,904		Hershey Co		2,167,638
	123,864		Hormel Foods Corp		5,804,267
	29,413		Ingredion, Inc		2,219,799
	49,279		J.M. Smucker Co		5,736,568
	70,656		Kellogg Co		4,164,465
	195,043		Keurig Dr Pepper, Inc		6,202,367
	285,196		Kraft Heinz Co		9,556,918
	49,309		Lamb Weston Holdings, Inc		3,683,382
	47,952		McCormick & Co, Inc		4,293,622
	76,495		Molson Coors Brewing Co (Class B)		3,836,989
	620,388		Mondelez International, Inc		34,394,311
	162,130		PepsiCo, Inc		22,142,094
	684,315		Philip Morris International, Inc		54,505,690
	15,501	*	Pilgrim’s Pride Corp		300,409
	27,924	*	Post Holdings, Inc		2,648,591
	111		Seaboard Corp		349,229
	24,589	*	TreeHouse Foods, Inc		1,038,394
	127,693		Tyson Foods, Inc (Class A)		8,211,937
			TOTAL FOOD, BEVERAGE & TOBACCO		285,449,556
HEALTH CARE EQUIPMENT & SERVICES - 6.9%
	468,342		Abbott Laboratories		57,882,388
	38,371	*	Acadia Healthcare Co, Inc		1,944,642
	6,085	*	American Well Corp		215,470
	34,221		AmerisourceBergen Corp		3,565,828
	81,539		Anthem, Inc		24,215,452
	131,141		Baxter International, Inc		10,075,563
	121,430		Becton Dickinson & Co		31,789,160
	625,885	*	Boston Scientific Corp		22,181,364
	177,780	*	Centene Corp		10,720,134
	28,145	*	Change Healthcare, Inc		671,540
	113,432		Cigna Corp		24,620,416
	18,766		Cooper Cos, Inc		6,831,575
	572,460		CVS Health Corp		41,016,759
	275,200		Danaher Corp		65,453,568

185

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	27,765	*	DaVita, Inc	$	3,258,778
	95,820		Dentsply Sirona, Inc		5,125,412
	24,181		Encompass Health Corp		1,944,152
	69,923	*	Envista Holdings Corp		2,485,063
	32,478	*	Globus Medical, Inc		2,003,568
	1,463	*	Haemonetics Corp		167,206
	56,466		HCA Healthcare, Inc		9,174,596
	62,485	*	Henry Schein, Inc		4,114,637
	25,795		Hill-Rom Holdings, Inc		2,477,352
	33,947	*	Hologic, Inc		2,706,594
	36,055		Humana, Inc		13,813,031
	6,488	*	ICU Medical, Inc		1,326,666
	30,729	*	Integra LifeSciences Holdings Corp		2,029,343
	39,554	*	Laboratory Corp of America Holdings		9,054,306
	18,168		McKesson Corp		3,169,771
	589,617		Medtronic plc		65,642,061
	8,477	*	Molina Healthcare, Inc		1,810,772
	3,574	*	Oak Street Health, Inc		185,383
	53,342		Premier, Inc		1,806,694
	59,403		Quest Diagnostics, Inc		7,671,897
	34,894		STERIS plc		6,529,016
	102,761		Stryker Corp		22,711,209
	2,794	*	Tandem Diabetes Care, Inc		258,864
	3,108	*	Teladoc, Inc		819,984
	7,553		Teleflex, Inc		2,852,239
	69,714		UnitedHealth Group, Inc		23,255,196
	32,275		Universal Health Services, Inc (Class B)		4,024,047
	34,901	*	Varian Medical Systems, Inc		6,127,569
	91,576		Zimmer Biomet Holdings, Inc		14,072,484
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		521,801,749
HOUSEHOLD & PERSONAL PRODUCTS - 1.8%
	16,096		Clorox Co		3,371,468
	370,118		Colgate-Palmolive Co		28,869,204
	126,637		Coty, Inc		806,678
	5,598		Energizer Holdings, Inc		245,416
	10,385		Estee Lauder Cos (Class A)		2,457,610
	34,050	*	Herbalife Nutrition Ltd		1,735,188
	149,248		Kimberly-Clark Corp		19,715,661
	23,767		Nu Skin Enterprises, Inc (Class A)		1,375,396
	592,312		Procter & Gamble Co		75,940,322
	14,449		Reynolds Consumer Products Inc		433,470
	18,041		Spectrum Brands Holdings, Inc		1,363,358
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		136,313,771
INSURANCE - 3.4%
	304,398		Aflac, Inc		13,752,702
	5,525		Alleghany Corp		3,131,846
	132,924		Allstate Corp		14,246,794
	32,312		American Financial Group, Inc		3,041,852
	377,663		American International Group, Inc		14,139,703
	3,286		American National Group, Inc		290,417
	173,183	*	Arch Capital Group Ltd		5,439,678
	82,526		Arthur J. Gallagher & Co		9,524,326
	26,121		Assurant, Inc		3,538,612
	36,774		Assured Guaranty Ltd		1,314,671

186

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	50,730	*	Athene Holding Ltd	$	2,074,350
	31,866		Axis Capital Holdings Ltd		1,462,649
	38,595	*	Brighthouse Financial, Inc		1,364,719
	97,053		Brown & Brown, Inc		4,182,014
	197,675		Chubb Ltd		28,795,317
	65,625		Cincinnati Financial Corp		5,518,406
	12,988		CNA Financial Corp		498,999
	4,764		Erie Indemnity Co (Class A)		1,158,128
	17,528		Everest Re Group Ltd		3,699,810
	121,388		Fidelity National Financial Inc		4,406,384
	47,538		First American Financial Corp		2,485,762
	43,564		Globe Life, Inc		3,937,750
	16,362	*	GoHealth, Inc		217,778
	16,590		Hanover Insurance Group, Inc		1,865,877
	158,921		Hartford Financial Services Group, Inc		7,631,386
	27,102		Kemper Corp		1,906,626
	5,691	*	Lemonade, Inc		826,618
	73,943		Lincoln National Corp		3,363,667
	104,987		Loews Corp		4,754,861
	5,924	*	Markel Corp		5,743,200
	49,784		Marsh & McLennan Cos, Inc		5,471,759
	9,580		Mercury General Corp		507,836
	335,837		Metlife, Inc		16,170,552
	124,026		Old Republic International Corp		2,244,871
	6,941		Primerica, Inc		966,951
	119,057		Principal Financial Group		5,865,938
	181,995		Progressive Corp		15,868,144
	175,163		Prudential Financial, Inc		13,711,760
	29,686		Reinsurance Group of America, Inc (Class A)		3,118,514
	15,084		RenaissanceRe Holdings Ltd		2,269,237
	111,473		Travelers Cos, Inc		15,193,770
	89,093		Unum Group		2,069,630
	61,025		W.R. Berkley Corp		3,792,094
	1,322		White Mountains Insurance Group Ltd		1,348,440
	56,913		Willis Towers Watson plc		11,549,924
			TOTAL INSURANCE		254,464,322
MATERIALS - 4.7%
	84,490		Air Products & Chemicals, Inc		22,538,552
	46,257		Albemarle Corp		7,524,164
	589,813		Amcor plc		6,452,554
	28,145		Aptargroup, Inc		3,742,441
	12,382		Ardagh Group S.A.		210,494
	24,241		Ashland Global Holdings, Inc		1,939,038
	21,450		Avery Dennison Corp		3,236,161
	92,297	*	Axalta Coating Systems Ltd		2,491,096
	8,953		Ball Corp		788,043
	37,181	*	Berry Global Group, Inc		1,835,626
	26,304		Cabot Corp		1,155,009
	51,639		Celanese Corp (Series A)		6,307,704
	96,615		CF Industries Holdings, Inc		3,997,929
	71,637		Chemours Co		1,886,919
	331,103		Corteva, Inc		13,197,766
	50,969	*	Crown Holdings, Inc		4,594,855
	325,104		Dow, Inc		16,872,898
	321,968	e	DuPont de Nemours, Inc		25,580,358

187

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	18,082		Eagle Materials, Inc	$	1,989,562
	59,443		Eastman Chemical Co		5,846,219
	87,451		Ecolab, Inc		17,884,604
	95,092		Element Solutions, Inc		1,619,417
	45,283		FMC Corp		4,903,696
	636,283	*	Freeport-McMoRan, Inc (Class B)		17,122,376
	95,253		Graphic Packaging Holding Co		1,491,662
	87,760		Huntsman Corp		2,318,619
	45,759	e	International Flavors & Fragrances, Inc		5,142,396
	172,386		International Paper Co		8,672,740
	230,948		Linde plc		56,674,639
	112,747		LyondellBasell Industries NV		9,669,183
	27,244		Martin Marietta Materials, Inc		7,830,198
	151,369		Mosaic Co		3,929,539
	592		NewMarket Corp		232,176
	355,012		Newmont Goldcorp Corp		21,158,715
	132,102		Nucor Corp		6,437,330
	62,477		Olin Corp		1,493,825
	41,055		Packaging Corp of America		5,520,255
	104,196		PPG Industries, Inc		14,036,243
	27,291		Reliance Steel & Aluminum Co		3,167,939
	8,159		Royal Gold, Inc		872,034
	8,839		RPM International, Inc		728,952
	1,118		Scotts Miracle-Gro Co (Class A)		247,536
	70,135		Sealed Air Corp		2,964,606
	34,462		Silgan Holdings, Inc		1,255,451
	45,634		Sonoco Products Co		2,642,665
	35,868		Southern Copper Corp (NY)		2,381,994
	88,818		Steel Dynamics, Inc		3,043,793
	81,200		Valvoline, Inc		1,927,688
	57,940		Vulcan Materials Co		8,641,172
	14,855		Westlake Chemical Corp		1,135,813
	112,441		WestRock Co		4,658,431
	15,811		WR Grace and Co		917,354
			TOTAL MATERIALS		352,910,429
MEDIA & ENTERTAINMENT - 6.4%
	204,425		Activision Blizzard, Inc		18,602,675
	29,576	*	Alphabet, Inc (Class A)		54,045,999
	28,657	*	Alphabet, Inc (Class C)		52,606,801
	6,370	*	Charter Communications, Inc		3,870,157
	1,991,103		Comcast Corp (Class A)		98,698,976
	64,566	*,e	Discovery, Inc (Class A)		2,674,324
	135,750	*	Discovery, Inc (Class C)		4,755,323
	104,398	*	DISH Network Corp (Class A)		3,029,630
	108,685		Electronic Arts, Inc		15,563,692
	148,656		Fox Corp (Class A)		4,635,094
	70,118		Fox Corp (Class B)		2,095,827
	170,286		Interpublic Group of Cos, Inc		4,098,784
	18,421		John Wiley & Sons, Inc (Class A)		840,182
	10,841	*	Liberty Broadband Corp (Class A)		1,573,788
	71,093	*	Liberty Broadband Corp (Class C)		10,383,133
	12,363	*	Liberty Media Group (Class A)		448,159
	86,858	*	Liberty Media Group (Class C)		3,494,297
	32,143	*	Liberty SiriusXM Group (Class A)		1,299,220
	67,211	*	Liberty SiriusXM Group (Class C)		2,726,078

188

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	26,285	*,e	Lions Gate Entertainment Corp (Class A)	$	367,727
	51,515	*	Lions Gate Entertainment Corp (Class B)		636,725
	8,328	*	Madison Square Garden Co		1,348,220
	8,328	*	Madison Square Garden Entertainment Corp		739,110
	72,020		New York Times Co (Class A)		3,571,472
	170,038		News Corp (Class A)		3,298,737
	53,175		News Corp (Class B)		1,003,944
	6,776		Nexstar Media Group Inc		770,228
	93,214		Omnicom Group, Inc		5,814,689
	29,940	*	Pinterest, Inc		2,051,189
	205,677	e	Sirius XM Holdings, Inc		1,287,538
	3,696	*	Take-Two Interactive Software, Inc		740,863
	44,047	*	TripAdvisor, Inc		1,364,136
	343,194	*	Twitter, Inc		17,341,593
	5,700		ViacomCBS, Inc (Class A)		277,362
	234,488		ViacomCBS, Inc (Class B)		11,372,668
	794,412	*	Walt Disney Co		133,596,266
	23,506	*	Zillow Group, Inc (Class A)		3,260,752
	56,505	*	Zillow Group, Inc (Class C)		7,371,642
	68,817	*	Zynga, Inc		681,977
			TOTAL MEDIA & ENTERTAINMENT		482,338,977
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.7%
	46,789		AbbVie, Inc		4,794,937
	1,207	*	Acceleron Pharma, Inc		139,445
	125,087		Agilent Technologies, Inc		15,031,705
	24,001	*	Agios Pharmaceuticals, Inc		1,127,327
	78,297	*	Alexion Pharmaceuticals, Inc		12,005,279
	73,543	*	Alkermes plc		1,543,668
	1,969	*	Berkeley Lights, Inc		141,768
	46,847	*	Biogen, Inc		13,239,431
	7,363	*	BioMarin Pharmaceutical, Inc		609,509
	9,253	*	Bio-Rad Laboratories, Inc (Class A)		5,309,094
	998		Bio-Techne Corp		324,260
	15,634	*	Bluebird Bio, Inc		696,495
	633,804		Bristol-Myers Squibb Co		38,934,580
	26,018		Bruker BioSciences Corp		1,506,182
	71,528	*	Catalent, Inc		8,229,296
	2,440	*	Charles River Laboratories International, Inc		632,082
	200,911	*	Elanco Animal Health, Inc		5,832,446
	8,536	*	Exact Sciences Corp		1,170,798
	86,462	*	Exelixis, Inc		1,920,321
	551,585		Gilead Sciences, Inc		36,183,976
	5,957	*	Horizon Therapeutics Plc		431,763
	29,083	*	Ionis Pharmaceuticals, Inc		1,747,016
	52,396	*	IQVIA Holdings, Inc		9,316,009
	24,398	*	Jazz Pharmaceuticals plc		3,793,889
	1,003,556		Johnson & Johnson		163,710,090
	140,630		Merck & Co, Inc		10,838,354
	620	*	Mettler-Toledo International, Inc		724,222
	74,117	*	Nektar Therapeutics		1,460,105
	39,322		PerkinElmer, Inc		5,783,087
	61,935		Perrigo Co plc		2,644,624
	2,444,148		Pfizer, Inc		87,744,913
	10,819	*	PPD, Inc		347,939
	4,123	*	PRA Health Sciences, Inc		508,118

189

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	99,641	*	QIAGEN NV	$	5,395,560
	1,090	*	Reata Pharmaceuticals, Inc		112,913
	25,724		Royalty Pharma plc		1,209,285
	20,765	*	Sage Therapeutics, Inc		1,674,697
	29,389	*	Syneos Health, Inc		2,185,072
	71,863		Thermo Fisher Scientific, Inc		36,628,571
	19,016	*	United Therapeutics Corp		3,115,201
	528,706	*	Viatris, Inc		8,982,715
	24,379	*	Waters Corp		6,452,390
	19,908		Zoetis, Inc		3,070,809
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		507,249,941
REAL ESTATE - 4.4%
	58,680		Alexandria Real Estate Equities, Inc		9,806,015
	59,985		American Campus Communities, Inc		2,468,983
	113,756		American Homes 4 Rent		3,438,844
	83,587		Americold Realty Trust		2,918,022
	64,522	*	Apartment Income REIT Corp		2,501,518
	64,522		Apartment Investment and Management Co		296,156
	91,855		Apple Hospitality REIT, Inc		1,146,350
	62,283		AvalonBay Communities, Inc		10,193,859
	68,186		Boston Properties, Inc		6,223,336
	73,832		Brandywine Realty Trust		812,152
	129,814		Brixmor Property Group, Inc		2,197,751
	41,339		Camden Property Trust		4,222,779
	146,253	*	CBRE Group, Inc		8,918,508
	5,978		Coresite Realty		803,682
	49,189		Corporate Office Properties Trust		1,292,195
	64,859		Cousins Properties, Inc		2,045,653
	11,987		Crown Castle International Corp		1,909,050
	84,655		CubeSmart		2,949,380
	52,617		CyrusOne, Inc		3,838,410
	122,334		Digital Realty Trust, Inc		17,609,979
	72,900		Douglas Emmett, Inc		2,020,059
	161,470		Duke Realty Corp		6,387,753
	78,010		Empire State Realty Trust, Inc		769,179
	34,057		EPR Properties		1,350,019
	51,124		Equity Commonwealth		1,457,545
	44,963		Equity Lifestyle Properties, Inc		2,735,549
	162,809		Equity Residential		10,035,547
	28,980		Essex Property Trust, Inc		6,943,898
	16,360		Extra Space Storage, Inc		1,861,604
	32,976		Federal Realty Investment Trust		2,887,379
	60,108		First Industrial Realty Trust, Inc		2,442,789
	92,515		Gaming and Leisure Properties, Inc		3,805,142
	95,250		Healthcare Trust of America, Inc		2,690,812
	236,405		Healthpeak Properties Inc		7,009,408
	45,069		Highwoods Properties, Inc		1,689,637
	306,396		Host Hotels and Resorts, Inc		4,151,666
	17,193	*	Howard Hughes Corp		1,481,521
	65,811		Hudson Pacific Properties		1,542,610
	245,684		Invitation Homes, Inc		7,242,764
	51,890		Iron Mountain, Inc		1,747,136
	53,371		JBG SMITH Properties		1,593,658
	22,462	*	Jones Lang LaSalle, Inc		3,284,169
	50,345		Kilroy Realty Corp		2,851,037

190

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	181,006		Kimco Realty Corp	$	2,988,409
	37,413		Lamar Advertising Co		3,022,222
	30,654		Life Storage, Inc		2,500,753
	247,037		Medical Properties Trust, Inc		5,214,951
	49,927		Mid-America Apartment Communities, Inc		6,627,809
	76,122		National Retail Properties, Inc		2,968,758
	98,595		Omega Healthcare Investors, Inc		3,571,111
	61,898		Outfront Media, Inc		1,128,401
	101,768		Paramount Group, Inc		904,718
	104,913		Park Hotels & Resorts, Inc		1,749,949
	324,069		Prologis, Inc		33,443,921
	22,945		Public Storage, Inc		5,222,741
	58,903		Rayonier, Inc		1,811,267
	153,368		Realty Income Corp		9,057,914
	73,842		Regency Centers Corp		3,483,866
	54,320		Rexford Industrial Realty, Inc		2,658,421
	42,605		SBA Communications Corp		11,446,685
	30,228		Simon Property Group, Inc		2,809,088
	30,260		SL Green Realty Corp		2,041,945
	45,070		Spirit Realty Capital, Inc		1,737,899
	103,917		STORE Capital Corp		3,223,505
	46,384		Sun Communities, Inc		6,638,942
	128,388		UDR, Inc		4,936,519
	163,633		Ventas, Inc		7,538,572
	94,642		VEREIT, Inc		3,334,238
	233,709		VICI Properties, Inc		5,908,164
	76,892		Vornado Realty Trust		3,057,226
	53,144		Weingarten Realty Investors		1,196,271
	184,953		Welltower, Inc		11,208,152
	327,435		Weyerhaeuser Co		10,212,698
	74,992		WP Carey, Inc		4,979,469
			TOTAL REAL ESTATE		330,198,087
RETAILING - 2.5%
	29,189		Advance Auto Parts, Inc		4,353,247
	24,552	*	Autonation, Inc		1,750,067
	4,276	*	AutoZone, Inc		4,782,150
	81,958		Best Buy Co, Inc		8,918,670
	3,019	*	Burlington Stores, Inc		751,429
	65,955	*	CarMax, Inc		7,768,180
	26,951		Dick’s Sporting Goods, Inc		1,805,986
	52,748	*	Dollar Tree, Inc		5,362,362
	25,186		eBay, Inc		1,423,261
	52,624		Expedia Group, Inc		6,530,638
	45,339		Foot Locker, Inc		1,986,755
	79,989	*	Gap, Inc		1,619,777
	61,590		Genuine Parts Co		5,782,069
	36,429	*	GrubHub, Inc		2,742,011
	236,149		Home Depot, Inc		63,953,872
	71,352		Kohl’s Corp		3,143,769
	100,481		L Brands, Inc		4,095,606
	12,754	*	Leslie’s, Inc		364,764
	132,734	*	LKQ Corp		4,657,636
	47,827		Nordstrom, Inc		1,695,467
	2,677	*	Ollie’s Bargain Outlet Holdings, Inc		253,592
	12,893		Penske Auto Group, Inc		771,517

191

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	166,846		Qurate Retail Group, Inc QVC Group	$	2,102,260
	29,264		Ross Stores, Inc		3,256,791
	219,539		Target Corp		39,773,881
	101,579		TJX Companies, Inc		6,505,119
	1,652	*	Ulta Beauty, Inc		462,163
	2,282	*	Vroom, Inc		84,046
	3,015	*	Wayfair, Inc		821,045
	28,181		Williams-Sonoma, Inc		3,633,095
			TOTAL RETAILING		191,151,225
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.5%
	37,427	*	Advanced Micro Devices, Inc		3,205,248
	7,301	*	Allegro MicroSystems, Inc		203,844
	141,767		Analog Devices, Inc		20,886,532
	9,228		Broadcom, Inc		4,157,214
	25,596	*	Cirrus Logic, Inc		2,398,089
	48,908	*	Cree, Inc		4,943,621
	3,614		Entegris, Inc		355,582
	40,406	*	First Solar, Inc		4,006,255
	1,803,435		Intel Corp		100,108,677
	291,494		Marvell Technology Group Ltd		15,000,281
	77,763		Maxim Integrated Products, Inc		6,820,593
	27,192		Microchip Technology, Inc		3,701,103
	488,560	*	Micron Technology, Inc		38,239,591
	5,513		MKS Instruments, Inc		871,440
	177,837	*	ON Semiconductor Corp		6,133,598
	50,378	*	Qorvo, Inc		8,608,593
	73,121		Skyworks Solutions, Inc		12,375,729
	202,416		Texas Instruments, Inc		33,538,307
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		265,554,297
SOFTWARE & SERVICES - 3.2%
	20,885	*,e	2U, Inc		854,196
	12,337	*	Akamai Technologies, Inc		1,369,777
	20,503		Alliance Data Systems Corp		1,387,028
	59,684		Amdocs Ltd		4,214,884
	2,014	*	Aspen Technology, Inc		269,675
	32,151	*	Autodesk, Inc		8,919,652
	25,981		Automatic Data Processing, Inc		4,289,983
	706	*	BigCommerce Holdings, Inc		56,438
	9,129	*	CACI International, Inc (Class A)		2,202,097
	46,597		CDK Global, Inc		2,325,190
	15,146	*	Ceridian HCM Holding, Inc		1,407,215
	39,333		Citrix Systems, Inc		5,243,482
	217,643		Cognizant Technology Solutions Corp (Class A)		16,965,272
	18,198	*	Concentrix Corp		1,945,730
	18,181	*	Crowdstrike Holdings, Inc		3,923,460
	5,374	*	Datto Holding Corp		128,224
	1,147	*	Duck Creek Technologies, Inc		55,446
	111,125		DXC Technology Co		3,133,725
	22,025	*	Euronet Worldwide, Inc		2,752,244
	271,995		Fidelity National Information Services, Inc		33,580,503
	74,344	*	FireEye, Inc		1,561,224
	178,142	*	Fiserv, Inc		18,293,402
	50,234		Genpact Ltd		1,922,957
	130,469		Global Payments, Inc		23,030,388

192

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	29,486	*	Guidewire Software, Inc	$	3,383,224
	389,551		International Business Machines Corp		46,399,420
	7,250		Jack Henry & Associates, Inc		1,049,727
	4,535	*	Jamf Holding Corp		167,478
	53,255		Leidos Holdings, Inc		5,648,225
	2,881	*	Manhattan Associates, Inc		326,216
	8,275	e	McAfee Corp		155,984
	597	*	nCino, Inc		42,805
	123,210	*	Nuance Communications, Inc		5,610,983
	98,958		Oracle Corp		5,980,032
	29,549		Paychex, Inc		2,580,219
	1,540		Pegasystems, Inc		196,273
	4,850	*	RealPage, Inc		419,864
	138,990		Sabre Corp		1,498,312
	28,185	*	salesforce.com, Inc		6,357,409
	22,143		Science Applications International Corp		2,126,392
	20,534	*	SolarWinds Corp		345,177
	77,904		SS&C Technologies Holdings, Inc		4,898,603
	4,726	*	Synopsys, Inc		1,207,257
	11,266	*	Teradata Corp		303,055
	10,135	*	Twilio, Inc		3,642,823
	2,156	*,e	Unity Software, Inc		323,012
	18,244	*	VeriSign, Inc		3,540,613
	144,851		Western Union Co		3,225,832
	17,344	*	WEX, Inc		3,271,078
			TOTAL SOFTWARE & SERVICES		242,532,205
TECHNOLOGY HARDWARE & EQUIPMENT - 2.9%
	51,525		Amphenol Corp (Class A)		6,434,442
	4,579	*	Arista Networks, Inc		1,408,317
	34,171	*	Arrow Electronics, Inc		3,336,115
	41,127		Avnet, Inc		1,452,195
	66,983	*	Ciena Corp		3,576,222
	1,866,174		Cisco Systems, Inc		83,194,037
	1,840	*	Coherent, Inc		369,546
	79,422	*	CommScope Holding Co, Inc		1,166,709
	328,771		Corning, Inc		11,793,016
	106,407	*	Dell Technologies, Inc		7,756,006
	24,355		Dolby Laboratories, Inc (Class A)		2,143,971
	23,920	*	EchoStar Corp (Class A)		500,885
	27,333	*	F5 Networks, Inc		5,355,901
	57,157		FLIR Systems, Inc		2,975,022
	575,148		Hewlett Packard Enterprise Co		7,097,326
	602,288		HP, Inc		14,659,690
	14,531	*	IPG Photonics Corp		3,246,661
	52,178		Jabil Inc		2,158,604
	144,077		Juniper Networks, Inc		3,518,360
	54,457	*	Keysight Technologies, Inc		7,710,567
	10,318		Littelfuse, Inc		2,511,092
	29,276	*	Lumentum Holdings, Inc		2,746,089
	66,826		Motorola Solutions, Inc		11,196,696
	56,468		National Instruments Corp		2,337,775
	55,706	*	NCR Corp		1,858,352
	44,444		NetApp, Inc		2,952,859
	45,193	*	Pure Storage, Inc		1,045,314
	18,198		Synnex Corp		1,485,321

193

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	110,010	*	Trimble Inc	$	7,250,759
	695		Ubiquiti, Inc		214,053
	23,132	*	Viasat, Inc		1,007,167
	66,941	*	Vontier Corp		2,170,897
	133,427		Western Digital Corp		7,529,286
	78,412		Xerox Holdings Corp		1,649,004
	1,978	*	Zebra Technologies Corp (Class A)		767,128
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		216,575,384
TELECOMMUNICATION SERVICES - 3.0%
	3,134,939		AT&T, Inc		89,753,304
	481,794		Lumen Technologies, Inc		5,964,610
	49,231		Telephone & Data Systems, Inc		923,081
	241,588	*	T-Mobile US, Inc		30,459,415
	6,367	*	US Cellular Corp		198,523
	1,820,243		Verizon Communications, Inc		99,658,304
			TOTAL TELECOMMUNICATION SERVICES		226,957,237
TRANSPORTATION - 2.8%
	52,562		Alaska Air Group, Inc		2,566,602
	3,903		Amerco, Inc		1,804,903
	237,653	e	American Airlines Group, Inc		4,080,502
	48,972		CH Robinson Worldwide, Inc		4,190,044
	13,360		Copa Holdings S.A. (Class A)		1,033,663
	335,671		CSX Corp		28,785,467
	284,837		Delta Air Lines, Inc		10,812,413
	28,698		Expeditors International of Washington, Inc		2,569,045
	105,887		FedEx Corp		24,919,447
	26,832		JB Hunt Transport Services, Inc		3,613,197
	134,996	*	JetBlue Airways Corp		1,935,843
	41,521		Kansas City Southern		8,415,061
	26,200	*	Kirby Corp		1,329,912
	54,774		Knight-Swift Transportation Holdings, Inc		2,190,960
	3,325		Landstar System, Inc		463,505
	108,197	*	Lyft, Inc (Class A)		4,810,439
	34,075		Macquarie Infrastructure Co LLC		946,944
	112,225		Norfolk Southern Corp		26,554,679
	5,902		Old Dominion Freight Line		1,144,988
	22,960		Ryder System, Inc		1,437,066
	23,804		Schneider National, Inc		499,884
	255,975		Southwest Airlines Co		11,247,541
	140,891	*	Uber Technologies, Inc		7,175,579
	146,359		Union Pacific Corp		28,901,512
	126,649	*	United Airlines Holdings Inc		5,064,694
	106,490		United Parcel Service, Inc (Class B)		16,505,950
	37,866	*	XPO Logistics, Inc		4,180,785
			TOTAL TRANSPORTATION		207,180,625
UTILITIES - 5.4%
	289,791		AES Corp		7,068,002
	108,953		Alliant Energy Corp		5,300,563
	107,957		Ameren Corp		7,850,633
	217,158		American Electric Power Co, Inc		17,570,254
	79,226		American Water Works Co, Inc		12,598,518
	53,593		Atmos Energy Corp		4,769,777
	24,058		Avangrid, Inc		1,113,164

194

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY					VALUE
	220,787		Centerpoint Energy, Inc					$	4,656,398
	125,240		CMS Energy Corp						7,123,651
	148,202		Consolidated Edison, Inc						10,489,738
	357,309		Dominion Energy, Inc						26,044,253
	85,012		DTE Energy Co						10,092,625
	323,299		Duke Energy Corp						30,390,106
	157,249		Edison International						9,145,602
	88,075		Entergy Corp						8,396,190
	98,025		Essential Utilities Inc						4,538,557
	99,222		Evergy, Inc						5,331,198
	151,911		Eversource Energy						13,292,212
	426,434		Exelon Corp						17,722,597
	237,639		FirstEnergy Corp						7,309,776
	46,879		Hawaiian Electric Industries, Inc						1,549,820
	22,231		Idacorp, Inc						1,962,997
	87,361		MDU Resources Group, Inc						2,296,721
	38,577		National Fuel Gas Co						1,553,110
	860,530		NextEra Energy, Inc						69,591,061
	167,771		NiSource, Inc						3,716,128
	69,606		NRG Energy, Inc						2,882,384
	87,575		OGE Energy Corp						2,672,789
	579,679	*,b	PG&E Corp						6,625,731
	49,319		Pinnacle West Capital Corp						3,711,255
	341,313		PPL Corp						9,444,131
	222,906		Public Service Enterprise Group, Inc						12,578,586
	126,697		Sempra Energy						15,680,021
	465,475		Southern Co						27,425,787
	91,146		UGI Corp						3,280,345
	216,856		Vistra Energy Corp						4,330,614
	138,175		WEC Energy Group, Inc						12,283,757
	229,296		Xcel Energy, Inc						14,672,651
			TOTAL UTILITIES						407,061,702
			TOTAL COMMON STOCKS						7,532,497,357
			(Cost $5,838,399,439)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.3%
REPURCHASE AGREEMENT - 0.1%
$	4,830,000	r	Fixed Income Clearing Corp (FICC)		0.040	%	02/01/21		4,830,000
			TOTAL REPURCHASE AGREEMENT						4,830,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.2%
	19,527,668	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060				19,527,668
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						19,527,668
			TOTAL SHORT-TERM INVESTMENTS						24,357,668
			(Cost $24,357,668)
			TOTAL INVESTMENTS - 100.2%						7,556,855,025
			(Cost $5,862,757,107)
			OTHER ASSETS & LIABILITIES, NET - (0.2)%						(15,155,716	)
			NET ASSETS - 100.0%					$	7,541,699,309

195

TIAA-CREF FUNDS - Large-Cap Value Index Fund

	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 $22,653,881.
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $4,830,000 on 02/01/21, collateralized by U.S. Treasury Notes valued at $4,926,682.

196

TIAA-CREF FUNDS - S&P 500 Index Fund

TIAA-CREF FUNDS

S&P 500 INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
AUTOMOBILES & COMPONENTS - 2.4%
	60,548		Aptiv plc	$	8,089,213
	54,890		BorgWarner, Inc		2,304,831
	862,189	*	Ford Motor Co		9,078,850
	283,613		General Motors Co		14,373,507
	169,222	*	Tesla, Inc		134,282,734
			TOTAL AUTOMOBILES & COMPONENTS		168,129,135
BANKS - 3.9%
	1,702,248		Bank of America Corp		50,471,653
	463,800		Citigroup, Inc		26,895,762
	91,168		Citizens Financial Group, Inc		3,322,162
	30,139		Comerica, Inc		1,723,951
	159,176		Fifth Third Bancorp		4,604,961
	38,718		First Republic Bank		5,613,723
	234,648		Huntington Bancshares, Inc		3,103,220
	681,402		JPMorgan Chase & Co		87,675,995
	218,497		Keycorp		3,683,859
	28,383		M&T Bank Corp		3,759,896
	108,911		People’s United Financial, Inc		1,487,724
	94,702		PNC Financial Services Group, Inc		13,591,631
	214,369		Regions Financial Corp		3,646,417
	11,633	*	SVB Financial Group		5,092,695
	299,563		Truist Financial Corp		14,373,033
	307,386		US Bancorp		13,171,490
	923,335		Wells Fargo & Co		27,589,250
	38,127		Zions Bancorporation		1,682,926
			TOTAL BANKS		271,490,348
CAPITAL GOODS - 5.5%
	128,884		3M Co		22,639,763
	31,311		A.O. Smith Corp		1,700,187
	19,449		Allegion plc		2,081,237
	51,391		Ametek, Inc		5,820,545
	118,457		Boeing Co		23,003,165
	178,059		Carrier Global Corp		6,855,271
	121,044		Caterpillar, Inc		22,131,685
	33,052		Cummins, Inc		7,748,050
	69,933		Deere & Co		20,196,650
	32,208		Dover Corp		3,751,910
	90,128		Eaton Corp		10,608,066
	133,627		Emerson Electric Co		10,603,302
	129,467		Fastenal Co		5,902,401
	25,885		Flowserve Corp		920,471
	75,584		Fortive Corp		4,994,591
	32,380		Fortune Brands Home & Security, Inc		2,792,775
	52,699		General Dynamics Corp		7,729,889

197

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	1,955,576		General Electric Co	$	20,885,552
	156,318		Honeywell International, Inc		30,539,848
	86,820		Howmet Aerospace, Inc		2,134,036
	9,303		Huntington Ingalls		1,463,641
	16,134		IDEX Corp		3,003,989
	65,060		Illinois Tool Works, Inc		12,635,303
	84,318	*	Ingersoll Rand, Inc		3,527,865
	28,982		Jacobs Engineering Group, Inc		2,926,023
	161,752		Johnson Controls International plc		8,058,485
	46,803		L3Harris Technologies, Inc		8,027,183
	54,824		Lockheed Martin Corp		17,643,460
	57,555		Masco Corp		3,125,812
	34,488		Northrop Grumman Corp		9,884,606
	91,357		Otis Worldwide Corp		5,906,230
	78,270		PACCAR, Inc		7,139,789
	28,661		Parker-Hannifin Corp		7,583,987
	35,803		Pentair plc		1,949,831
	30,131		Quanta Services, Inc		2,123,332
	338,814		Raytheon Technologies Corp		22,609,058
	25,539		Rockwell Automation, Inc		6,347,208
	23,683		Roper Technologies Inc		9,305,288
	11,804		Snap-On, Inc		2,124,602
	36,671		Stanley Black & Decker, Inc		6,362,052
	8,434	*	Teledyne Technologies, Inc		3,011,022
	49,909		Textron, Inc		2,258,881
	53,469		Trane Technologies plc		7,664,781
	12,155	*	TransDigm Group, Inc		6,725,118
	16,300	*	United Rentals, Inc		3,961,063
	10,091		W.W. Grainger, Inc		3,677,059
	39,349		Wabtec Corp		2,920,089
	39,473		Xylem, Inc		3,812,697
			TOTAL CAPITAL GOODS		388,817,848
COMMERCIAL & PROFESSIONAL SERVICES - 0.7%
	19,556		Cintas Corp		6,221,155
	47,225	*	Copart, Inc		5,182,944
	27,279		Equifax, Inc		4,831,384
	83,643		IHS Markit Ltd		7,283,632
	82,733		Nielsen NV		1,847,428
	47,412		Republic Services, Inc		4,291,734
	26,681		Robert Half International, Inc		1,800,967
	47,007		Rollins, Inc		1,693,192
	36,683		Verisk Analytics, Inc		6,731,331
	86,232		Waste Management, Inc		9,599,346
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		49,483,113
CONSUMER DURABLES & APPAREL - 1.2%
	74,046		DR Horton, Inc		5,686,733
	32,763		Garmin Ltd		3,763,158
	72,611		Hanesbrands, Inc		1,110,222
	27,910		Hasbro, Inc		2,618,516
	30,816		Leggett & Platt, Inc		1,263,456
	60,919		Lennar Corp (Class A)		5,065,415
	13,275	*	Mohawk Industries, Inc		1,906,290
	84,735		Newell Brands Inc		2,035,335
	280,696		Nike, Inc (Class B)		37,498,179

198

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	782	*	NVR, Inc	$	3,477,147
	59,957		Pulte Homes, Inc		2,608,130
	15,200		PVH Corp		1,295,952
	11,568		Ralph Lauren Corp		1,168,946
	62,102		Tapestry, Inc		1,963,665
	39,270	*	Under Armour, Inc (Class A)		687,225
	47,694	*	Under Armour, Inc (Class C)		713,979
	72,524		VF Corp		5,574,920
	14,422		Whirlpool Corp		2,669,368
			TOTAL CONSUMER DURABLES & APPAREL		81,106,636
CONSUMER SERVICES - 1.6%
	165,767		Carnival Corp		3,094,870
	6,271	*	Chipotle Mexican Grill, Inc (Class A)		9,281,080
	29,868		Darden Restaurants, Inc		3,491,270
	8,913		Domino’s Pizza, Inc		3,304,584
	61,816		Hilton Worldwide Holdings, Inc		6,267,524
	71,206		Las Vegas Sands Corp		3,424,297
	60,611		Marriott International, Inc (Class A)		7,049,665
	165,990		McDonald’s Corp		34,499,362
	91,807		MGM Resorts International		2,622,008
	70,417	*	Norwegian Cruise Line Holdings Ltd		1,594,945
	39,379		Royal Caribbean Cruises Ltd		2,559,635
	261,414		Starbucks Corp		25,307,489
	21,784		Wynn Resorts Ltd		2,168,162
	66,477		Yum! Brands, Inc		6,746,751
			TOTAL CONSUMER SERVICES		111,411,642
DIVERSIFIED FINANCIALS - 4.7%
	145,279		American Express Co		16,890,137
	27,007		Ameriprise Financial, Inc		5,343,875
	180,702		Bank of New York Mellon Corp		7,197,361
	434,368	*	Berkshire Hathaway, Inc (Class B)		98,979,436
	31,643		BlackRock, Inc		22,189,970
	101,549		Capital One Financial Corp		10,587,499
	25,047		CBOE Global Markets, Inc		2,297,561
	333,133		Charles Schwab Corp		17,169,675
	79,800		CME Group, Inc		14,502,852
	67,804		Discover Financial Services		5,664,346
	58,985		Franklin Resources, Inc		1,550,716
	77,154		Goldman Sachs Group, Inc		20,921,850
	124,847		Intercontinental Exchange Group, Inc		13,776,866
	83,754		Invesco Ltd		1,724,495
	8,474		MarketAxess Holdings, Inc		4,582,400
	36,490		Moody’s Corp		9,715,827
	321,182		Morgan Stanley		21,535,253
	18,488		MSCI, Inc (Class A)		7,308,306
	25,638		Nasdaq Inc		3,468,052
	46,561		Northern Trust Corp		4,152,776
	26,218		Raymond James Financial, Inc		2,619,965
	53,598		S&P Global, Inc		16,990,566
	79,641		State Street Corp		5,574,870
	120,087		Synchrony Financial		4,040,928
	50,585		T Rowe Price Group, Inc		7,915,541
			TOTAL DIVERSIFIED FINANCIALS		326,701,123

199

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
ENERGY - 2.4%
	86,365		Apache Corp	$	1,233,292
	148,506		Baker Hughes Co		2,983,486
	81,871		Cabot Oil & Gas Corp		1,500,695
	431,158		Chevron Corp		36,734,662
	304,939		ConocoPhillips		12,206,708
	131,860		Devon Energy Corp		2,170,416
	34,038		Diamondback Energy, Inc		1,929,614
	130,396		EOG Resources, Inc		6,644,980
	941,870	d	Exxon Mobil Corp		42,233,451
	201,860		Halliburton Co		3,558,792
	58,286		Hess Corp		3,146,278
	35,227		HollyFrontier Corp		1,002,560
	428,316		Kinder Morgan, Inc		6,030,689
	183,191		Marathon Oil Corp		1,326,303
	146,757		Marathon Petroleum Corp		6,334,032
	86,912	*	Nov, Inc		1,075,971
	186,738		Occidental Petroleum Corp		3,745,964
	99,731		ONEOK, Inc		3,972,286
	98,503		Phillips 66		6,678,503
	44,993		Pioneer Natural Resources Co		5,439,654
	309,341		Schlumberger Ltd		6,870,464
	90,807		TechnipFMC plc		970,727
	92,663		Valero Energy Corp		5,228,973
	269,357		Williams Cos, Inc		5,718,449
			TOTAL ENERGY		168,736,949
FOOD & STAPLES RETAILING - 1.4%
	98,292		Costco Wholesale Corp		34,641,050
	173,629		Kroger Co		5,990,200
	113,987		SYSCO Corp		8,151,210
	159,396		Walgreens Boots Alliance, Inc		8,009,649
	308,804		Walmart, Inc		43,383,874
			TOTAL FOOD & STAPLES RETAILING		100,175,983
FOOD, BEVERAGE & TOBACCO - 3.1%
	417,541		Altria Group, Inc		17,152,584
	124,362		Archer-Daniels-Midland Co		6,219,344
	42,468		Brown-Forman Corp (Class B)		3,043,681
	45,398		Campbell Soup Co		2,184,098
	861,645		Coca-Cola Co		41,488,207
	108,939		ConAgra Brands, Inc		3,769,289
	37,513		Constellation Brands, Inc (Class A)		7,912,617
	136,486		General Mills, Inc		7,929,837
	32,954		Hershey Co		4,792,830
	62,733		Hormel Foods Corp		2,939,668
	26,544		J.M. Smucker Co		3,089,987
	55,716		Kellogg Co		3,283,901
	142,218		Kraft Heinz Co		4,765,725
	32,648		Lamb Weston Holdings, Inc		2,438,806
	55,802		McCormick & Co, Inc		4,996,511
	42,213		Molson Coors Brewing Co (Class B)		2,117,404
	319,114		Mondelez International, Inc		17,691,680
	83,410	*	Monster Beverage Corp		7,242,490
	309,358		PepsiCo, Inc		42,249,022
	346,914		Philip Morris International, Inc		27,631,700

200

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	65,031		Tyson Foods, Inc (Class A)	$	4,182,144
			TOTAL FOOD, BEVERAGE & TOBACCO		217,121,525
HEALTH CARE EQUIPMENT & SERVICES - 6.5%
	396,733		Abbott Laboratories		49,032,231
	10,208	*	Abiomed, Inc		3,554,936
	15,763	*	Align Technology, Inc		8,281,565
	33,442		AmerisourceBergen Corp		3,484,656
	55,412		Anthem, Inc		16,456,256
	113,435		Baxter International, Inc		8,715,211
	64,506		Becton Dickinson & Co		16,887,026
	319,013	*	Boston Scientific Corp		11,305,821
	66,441		Cardinal Health, Inc		3,569,875
	128,231	*	Centene Corp		7,732,329
	68,337		Cerner Corp		5,474,477
	80,480		Cigna Corp		17,468,184
	11,206		Cooper Cos, Inc		4,079,432
	292,114		CVS Health Corp		20,929,968
	140,847		Danaher Corp		33,499,050
	16,518	*	DaVita, Inc		1,938,718
	48,052		Dentsply Sirona, Inc		2,570,301
	21,469	*	DexCom, Inc		8,047,655
	139,114	*	Edwards Lifesciences Corp		11,488,034
	59,418		HCA Healthcare, Inc		9,654,237
	32,307	*	Henry Schein, Inc		2,127,416
	57,851	*	Hologic, Inc		4,612,460
	29,360		Humana, Inc		11,248,110
	19,167	*	IDEXX Laboratories, Inc		9,174,860
	26,185	*	Intuitive Surgical, Inc		19,576,953
	21,982	*	Laboratory Corp of America Holdings		5,031,900
	36,199		McKesson Corp		6,315,640
	301,672		Medtronic plc		33,585,144
	29,450		Quest Diagnostics, Inc		3,803,467
	32,193		Resmed, Inc		6,489,143
	18,926		STERIS plc		3,541,244
	72,926		Stryker Corp		16,117,375
	10,442		Teleflex, Inc		3,943,212
	212,272		UnitedHealth Group, Inc		70,809,694
	17,040		Universal Health Services, Inc (Class B)		2,124,547
	20,295	*	Varian Medical Systems, Inc		3,563,193
	16,234		West Pharmaceutical Services, Inc		4,861,921
	46,290		Zimmer Biomet Holdings, Inc		7,113,384
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		458,209,625
HOUSEHOLD & PERSONAL PRODUCTS - 1.7%
	55,744		Church & Dwight Co, Inc		4,706,466
	28,029		Clorox Co		5,870,954
	193,549		Colgate-Palmolive Co		15,096,822
	50,376		Estee Lauder Cos (Class A)		11,921,481
	75,443		Kimberly-Clark Corp		9,966,020
	553,103		Procter & Gamble Co		70,913,336
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		118,475,079
INSURANCE - 1.8%
	144,788		Aflac, Inc		6,541,522
	67,983		Allstate Corp		7,286,418

201

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	194,714		American International Group, Inc	$	7,290,092
	50,932		Aon plc		10,344,289
	43,410		Arthur J. Gallagher & Co		5,009,948
	12,839		Assurant, Inc		1,739,299
	101,333		Chubb Ltd		14,761,178
	33,355		Cincinnati Financial Corp		2,804,822
	8,278		Everest Re Group Ltd		1,747,320
	21,471		Globe Life, Inc		1,940,764
	82,158		Hartford Financial Services Group, Inc		3,945,227
	40,663		Lincoln National Corp		1,849,760
	52,779		Loews Corp		2,390,361
	112,927		Marsh & McLennan Cos, Inc		12,411,807
	174,257		Metlife, Inc		8,390,475
	54,350		Principal Financial Group		2,677,825
	130,443		Progressive Corp		11,373,325
	86,222		Prudential Financial, Inc		6,749,458
	56,229		Travelers Cos, Inc		7,664,013
	45,587		Unum Group		1,058,986
	30,882		W.R. Berkley Corp		1,919,007
	28,933		Willis Towers Watson plc		5,871,663
			TOTAL INSURANCE		125,767,559
MATERIALS - 2.6%
	49,271		Air Products & Chemicals, Inc		13,143,532
	23,387		Albemarle Corp		3,804,129
	348,534		Amcor plc		3,812,962
	18,259		Avery Dennison Corp		2,754,735
	73,384		Ball Corp		6,459,260
	26,993		Celanese Corp (Series A)		3,297,195
	45,995		CF Industries Holdings, Inc		1,903,273
	168,075		Corteva, Inc		6,699,470
	164,782		Dow, Inc		8,552,186
	165,512		DuPont de Nemours, Inc		13,149,928
	30,249		Eastman Chemical Co		2,974,989
	55,321		Ecolab, Inc		11,313,698
	29,755		FMC Corp		3,222,169
	324,219	*	Freeport-McMoRan, Inc (Class B)		8,724,733
	24,638	e	International Flavors & Fragrances, Inc		2,768,819
	86,480		International Paper Co		4,350,809
	116,885		Linde plc		28,683,579
	57,277		LyondellBasell Industries NV		4,912,076
	13,556		Martin Marietta Materials, Inc		3,896,130
	79,386		Mosaic Co		2,060,861
	178,835		Newmont Goldcorp Corp		10,658,566
	65,917		Nucor Corp		3,212,135
	20,944		Packaging Corp of America		2,816,130
	52,785		PPG Industries, Inc		7,110,667
	33,656		Sealed Air Corp		1,422,639
	18,223		Sherwin-Williams Co		12,606,671
	30,049		Vulcan Materials Co		4,481,508
	57,610		WestRock Co		2,386,782
			TOTAL MATERIALS		181,179,631
MEDIA & ENTERTAINMENT - 9.0%
	172,114		Activision Blizzard, Inc		15,662,374
	67,207	*	Alphabet, Inc (Class A)		122,811,384

202

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	64,892	*	Alphabet, Inc (Class C)	$	119,124,840
	32,497	*	Charter Communications, Inc		19,743,877
	1,017,155		Comcast Corp (Class A)		50,420,373
	32,448	*,e	Discovery, Inc (Class A)		1,343,996
	65,948	*	Discovery, Inc (Class C)		2,310,158
	54,106	*	DISH Network Corp (Class A)		1,570,156
	64,716		Electronic Arts, Inc		9,267,331
	536,496	*	Facebook, Inc		138,593,012
	78,872		Fox Corp (Class A)		2,459,229
	34,115		Fox Corp (Class B)		1,019,697
	87,598		Interpublic Group of Cos, Inc		2,108,484
	31,439	*	Live Nation, Inc		2,089,122
	98,838	*	Netflix, Inc		52,620,363
	83,491		News Corp (Class A)		1,619,725
	25,832		News Corp (Class B)		487,708
	49,996		Omnicom Group, Inc		3,118,751
	25,276	*	Take-Two Interactive Software, Inc		5,066,574
	176,750	*	Twitter, Inc		8,931,178
	127,367		ViacomCBS, Inc (Class B)		6,177,300
	404,588	*	Walt Disney Co		68,039,564
			TOTAL MEDIA & ENTERTAINMENT		634,585,196
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.2%
	395,204		AbbVie, Inc		40,500,506
	68,130		Agilent Technologies, Inc		8,187,182
	48,444	*	Alexion Pharmaceuticals, Inc		7,427,919
	129,685		Amgen, Inc		31,309,850
	34,283	*	Biogen, Inc		9,688,719
	4,916	*	Bio-Rad Laboratories, Inc (Class A)		2,820,653
	504,469		Bristol-Myers Squibb Co		30,989,531
	36,805	*	Catalent, Inc		4,234,415
	176,850		Eli Lilly & Co		36,779,494
	280,174		Gilead Sciences, Inc		18,379,414
	32,431	*	Illumina, Inc		13,829,876
	42,307	*	Incyte Corp		3,797,053
	42,890	*	IQVIA Holdings, Inc		7,625,842
	587,567		Johnson & Johnson		95,849,805
	566,145		Merck & Co, Inc		43,632,795
	5,295	*	Mettler-Toledo International, Inc		6,185,089
	25,014		PerkinElmer, Inc		3,678,809
	30,274		Perrigo Co plc		1,292,700
	1,244,057		Pfizer, Inc		44,661,646
	23,161	*	Regeneron Pharmaceuticals, Inc		11,669,438
	88,714		Thermo Fisher Scientific, Inc		45,217,526
	58,024	*	Vertex Pharmaceuticals, Inc		13,292,138
	269,870	*	Viatris, Inc		4,585,091
	13,815	*	Waters Corp		3,656,416
	105,976		Zoetis, Inc		16,346,798
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		505,638,705
REAL ESTATE - 2.4%
	27,657		Alexandria Real Estate Equities, Inc		4,621,761
	99,067		American Tower Corp		22,523,873
	31,151		AvalonBay Communities, Inc		5,098,484
	32,228		Boston Properties, Inc		2,941,449
	74,841	*	CBRE Group, Inc		4,563,804

203

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	96,248		Crown Castle International Corp	$	15,328,456
	62,476		Digital Realty Trust, Inc		8,993,420
	82,410		Duke Realty Corp		3,260,140
	19,935		Equinix, Inc		14,751,103
	77,879		Equity Residential		4,800,461
	14,647		Essex Property Trust, Inc		3,509,568
	28,906		Extra Space Storage, Inc		3,289,214
	16,185		Federal Realty Investment Trust		1,417,159
	123,824		Healthpeak Properties Inc		3,671,382
	162,236		Host Hotels and Resorts, Inc		2,198,298
	62,614		Iron Mountain, Inc		2,108,213
	96,627		Kimco Realty Corp		1,595,312
	24,421		Mid-America Apartment Communities, Inc		3,241,888
	164,783		Prologis, Inc		17,005,606
	34,265		Public Storage, Inc		7,799,399
	77,062		Realty Income Corp		4,551,282
	35,045		Regency Centers Corp		1,653,423
	24,817		SBA Communications Corp		6,667,583
	73,573		Simon Property Group, Inc		6,837,139
	16,318		SL Green Realty Corp		1,101,128
	66,466		UDR, Inc		2,555,618
	80,976		Ventas, Inc		3,730,564
	33,255		Vornado Realty Trust		1,322,219
	92,713		Welltower, Inc		5,618,408
	168,276		Weyerhaeuser Co		5,248,528
			TOTAL REAL ESTATE		172,004,882
RETAILING - 7.7%
	15,244		Advance Auto Parts, Inc		2,273,490
	95,242	*	Amazon.com, Inc		305,364,900
	5,266	*	AutoZone, Inc		5,889,337
	51,148		Best Buy Co, Inc		5,565,925
	9,128	*	Booking Holdings, Inc		17,747,844
	37,610	*	CarMax, Inc		4,429,706
	54,571		Dollar General Corp		10,620,062
	52,095	*	Dollar Tree, Inc		5,295,978
	145,045		eBay, Inc		8,196,493
	28,125	*	Etsy, Inc		5,599,406
	30,112		Expedia Group, Inc		3,736,899
	45,479	*	Gap, Inc		920,950
	31,808		Genuine Parts Co		2,986,135
	240,608		Home Depot, Inc		65,161,459
	52,682		L Brands, Inc		2,147,318
	61,811	*	LKQ Corp		2,168,948
	163,225		Lowe’s Companies, Inc		27,234,091
	16,162	*	O’Reilly Automotive, Inc		6,876,446
	8,990		Pool Corp		3,184,078
	79,089		Ross Stores, Inc		8,801,815
	111,450		Target Corp		20,191,397
	268,043		TJX Companies, Inc		17,165,474
	26,134		Tractor Supply Co		3,704,233
	12,644	*	Ulta Beauty, Inc		3,537,286
			TOTAL RETAILING		538,799,670
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 5.4%
	267,865	*	Advanced Micro Devices, Inc		22,939,959

204

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	82,022		Analog Devices, Inc	$	12,084,301
	203,765		Applied Materials, Inc		19,700,000
	90,226		Broadcom, Inc		40,646,813
	28,144	*	Enphase Energy, Inc		5,132,058
	912,760		Intel Corp		50,667,308
	34,809		KLA Corp		9,748,957
	32,073		Lam Research Corp		15,521,728
	60,866		Maxim Integrated Products, Inc		5,338,557
	58,242		Microchip Technology, Inc		7,927,319
	248,460	*	Micron Technology, Inc		19,446,964
	138,308		NVIDIA Corp		71,863,454
	25,312	*	Qorvo, Inc		4,325,315
	251,919		QUALCOMM, Inc		39,369,901
	36,981		Skyworks Solutions, Inc		6,259,034
	37,232		Teradyne, Inc		4,225,087
	205,741		Texas Instruments, Inc		34,089,226
	54,386		Xilinx, Inc		7,101,180
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		376,387,161
SOFTWARE & SERVICES - 13.8%
	141,138		Accenture plc		34,144,105
	106,866	*	Adobe, Inc		49,026,915
	35,658	*	Akamai Technologies, Inc		3,959,108
	19,147	*	Ansys, Inc		6,785,122
	49,479	*	Autodesk, Inc		13,726,959
	95,524		Automatic Data Processing, Inc		15,772,923
	25,800		Broadridge Financial Solutions, Inc		3,645,798
	61,559	*	Cadence Design Systems, Inc		8,026,678
	27,701		Citrix Systems, Inc		3,692,820
	119,359		Cognizant Technology Solutions Corp (Class A)		9,304,034
	56,935		DXC Technology Co		1,605,567
	138,292		Fidelity National Information Services, Inc		17,073,530
	128,057	*	Fiserv, Inc		13,150,173
	18,818	*	FleetCor Technologies, Inc		4,568,070
	29,341	*	Fortinet, Inc		4,247,110
	20,022	*	Gartner, Inc		3,041,542
	67,088		Global Payments, Inc		11,842,374
	198,664		International Business Machines Corp		23,662,869
	58,515		Intuit, Inc		21,137,373
	17,021		Jack Henry & Associates, Inc		2,464,471
	30,088		Leidos Holdings, Inc		3,191,133
	196,628		Mastercard, Inc (Class A)		62,191,470
	1,688,176		Microsoft Corp		391,589,305
	132,526		NortonLifelock, Inc		2,792,323
	422,490		Oracle Corp		25,531,071
	71,012		Paychex, Inc		6,200,768
	11,002	*	Paycom Software, Inc		4,177,899
	261,899	*	PayPal Holdings, Inc		61,365,555
	204,115	*	salesforce.com, Inc		46,040,179
	43,676	*	ServiceNow, Inc		23,723,056
	34,500	*	Synopsys, Inc		8,813,025
	9,263	*	Tyler Technologies, Inc		3,916,304
	22,368	*	VeriSign, Inc		4,340,958
	378,785		Visa, Inc (Class A)		73,200,201
	91,845		Western Union Co		2,045,388
			TOTAL SOFTWARE & SERVICES		969,996,176

205

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
TECHNOLOGY HARDWARE & EQUIPMENT - 8.5%
	66,540		Amphenol Corp (Class A)	$	8,309,515
	3,568,566		Apple, Inc		470,907,969
	12,005	*	Arista Networks, Inc		3,692,258
	32,301		CDW Corp		4,252,750
	941,319		Cisco Systems, Inc		41,964,001
	168,482		Corning, Inc		6,043,449
	14,293	*	F5 Networks, Inc		2,800,713
	31,827		FLIR Systems, Inc		1,656,595
	287,040		Hewlett Packard Enterprise Co		3,542,074
	307,993		HP, Inc		7,496,550
	7,751	*	IPG Photonics Corp		1,731,806
	72,375		Juniper Networks, Inc		1,767,398
	41,361	*	Keysight Technologies, Inc		5,856,304
	38,385		Motorola Solutions, Inc		6,431,407
	49,184		NetApp, Inc		3,267,785
	49,387		Seagate Technology, Inc		3,265,468
	74,760		TE Connectivity Ltd		9,001,104
	55,895	*	Trimble Inc		3,684,039
	30,233	*	Vontier Corp		980,456
	67,031		Western Digital Corp		3,782,559
	35,183		Xerox Holdings Corp		739,899
	12,123	*	Zebra Technologies Corp (Class A)		4,701,663
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		595,875,762
TELECOMMUNICATION SERVICES - 1.6%
	1,594,648		AT&T, Inc		45,654,772
	220,968		Lumen Technologies, Inc		2,735,584
	131,266	*	T-Mobile US, Inc		16,550,018
	921,595		Verizon Communications, Inc		50,457,326
			TOTAL TELECOMMUNICATION SERVICES		115,397,700
TRANSPORTATION - 1.8%
	28,329		Alaska Air Group, Inc		1,383,305
	136,186	e	American Airlines Group, Inc		2,338,314
	31,037		CH Robinson Worldwide, Inc		2,655,526
	170,474		CSX Corp		14,618,998
	143,037		Delta Air Lines, Inc		5,429,685
	39,185		Expeditors International of Washington, Inc		3,507,841
	53,697		FedEx Corp		12,637,052
	18,087		JB Hunt Transport Services, Inc		2,435,595
	20,536		Kansas City Southern		4,162,031
	56,687		Norfolk Southern Corp		13,413,278
	21,097		Old Dominion Freight Line		4,092,818
	127,465		Southwest Airlines Co		5,600,812
	151,094		Union Pacific Corp		29,836,532
	65,501	*	United Airlines Holdings Inc		2,619,385
	159,440		United Parcel Service, Inc (Class B)		24,713,200
			TOTAL TRANSPORTATION		129,444,372
UTILITIES - 2.8%
	145,177		AES Corp		3,540,867
	53,696		Alliant Energy Corp		2,612,310
	55,135		Ameren Corp		4,009,417
	109,919		American Electric Power Co, Inc		8,893,546

206

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY					VALUE
	40,379		American Water Works Co, Inc					$	6,421,069
	26,537		Atmos Energy Corp						2,361,793
	125,277		Centerpoint Energy, Inc						2,642,092
	64,194		CMS Energy Corp						3,651,355
	77,196		Consolidated Edison, Inc						5,463,933
	181,743		Dominion Energy, Inc						13,247,247
	42,859		DTE Energy Co						5,088,220
	165,865		Duke Energy Corp						15,591,310
	83,868		Edison International						4,877,763
	45,393		Entergy Corp						4,327,315
	50,120		Evergy, Inc						2,692,948
	77,347		Eversource Energy						6,767,862
	216,232		Exelon Corp						8,986,602
	121,405		FirstEnergy Corp						3,734,418
	439,026		NextEra Energy, Inc						35,504,033
	78,346		NiSource, Inc						1,735,364
	53,497		NRG Energy, Inc						2,215,311
	24,187		Pinnacle West Capital Corp						1,820,072
	175,024		PPL Corp						4,842,914
	113,952		Public Service Enterprise Group, Inc						6,430,311
	64,413		Sempra Energy						7,971,753
	237,559		Southern Co						13,996,976
	70,622		WEC Energy Group, Inc						6,278,296
	117,746		Xcel Energy, Inc						7,534,566
			TOTAL UTILITIES						193,239,663
			TOTAL COMMON STOCKS						6,998,175,483
			(Cost $3,293,739,474)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.3%
REPURCHASE AGREEMENT - 0.1%
$	5,785,000	r	Fixed Income Clearing Corp (FICC)		0.040	%	02/01/21		5,785,000
			TOTAL REPURCHASE AGREEMENT						5,785,000
TREASURY DEBT - 0.1%
	8,062,000		United States Treasury Bill		0.092		02/04/21		8,061,974
			TOTAL TREASURY DEBT						8,061,974
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.1%
	4,686,260	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060				4,686,260
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						4,686,260
			TOTAL SHORT-TERM INVESTMENTS						18,533,234
			(Cost $18,533,198)
			TOTAL INVESTMENTS - 100.0%						7,016,708,717
			(Cost $3,312,272,672)
			OTHER ASSETS & LIABILITIES, NET - 0.0%						1,790,691
			NET ASSETS - 100.0%					$	7,018,499,408

207

TIAA-CREF FUNDS - S&P 500 Index Fund

*	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 $6,320,797.
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $5,785,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $5,900,712.

Futures contracts outstanding as of January 31, 2021 were as follows:

Description	Number of long (short) contracts		Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
S&P 500 E Mini Index		76	03/19/21	$	14,299,237	$	14,079,760	$	(219,477	)

208

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

TIAA-CREF FUNDS

SMALL-CAP BLEND INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 1.5%
	143,857	*	Adient plc	$	4,645,143
	182,288	*	American Axle & Manufacturing Holdings, Inc		1,605,957
	83,471		Cooper Tire & Rubber Co		3,067,559
	27,009	*	Cooper-Standard Holding, Inc		824,045
	236,332		Dana Inc		4,575,388
	43,389	*	Dorman Products, Inc		3,941,023
	66,722	*	Fox Factory Holding Corp		7,982,620
	54,494	*	Gentherm, Inc		3,338,302
	382,628	*	Goodyear Tire & Rubber Co		4,036,725
	40,353		LCI Industries, Inc		5,220,871
	78,672	*	Modine Manufacturing Co		987,334
	29,659	*	Motorcar Parts of America, Inc		671,183
	36,992		Patrick Industries, Inc		2,554,668
	34,612		Standard Motor Products, Inc		1,357,829
	41,770	*	Stoneridge, Inc		1,146,587
	81,510	*	Tenneco, Inc		823,251
	44,481	*	Visteon Corp		5,670,438
	51,356		Winnebago Industries, Inc		3,546,645
	152,732	*,e	Workhorse Group, Inc		5,241,762
	26,944	*	XPEL, Inc		1,293,581
			TOTAL AUTOMOBILES & COMPONENTS		62,530,911
BANKS - 9.1%
	13,720		1st Constitution Bancorp		211,700
	29,271		1st Source Corp		1,151,814
	11,721		ACNB Corp		293,611
	30,330		Allegiance Bancshares, Inc		1,067,009
	26,559		Altabancorp		855,465
	20,399		Amalgamated Bank		299,049
	36,185	*	Amerant Bancorp Inc		515,998
	16,123		American National Bankshares, Inc		450,638
	108,413		Ameris Bancorp		4,240,032
	13,346		Ames National Corp		300,418
	20,398		Arrow Financial Corp		599,701
	37,533	*	Atlantic Capital Bancshares, Inc		671,465
	129,637		Atlantic Union Bankshares Corp		4,257,279
	3,751		Auburn National Bancorporation, Inc		148,277
	94,043	*	Axos Financial, Inc		3,662,975
	69,664		Banc of California, Inc		1,173,838
	29,877		Bancfirst Corp		1,721,812
	162,196		BancorpSouth Bank		4,484,719
	10,074	e	Bank First Corp		665,085
	24,830		Bank of Commerce Holdings		251,528
	21,324		Bank of Marin Bancorp		791,973
	82,343		Bank of NT Butterfield & Son Ltd		2,504,051
	6,887		Bank of Princeton		160,605
	4,543		Bank7 Corp		72,643

209

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	21,737		BankFinancial Corp	$	184,330
	150,281		BankUnited		5,207,237
	10,923		Bankwell Financial Group, Inc		212,452
	57,928		Banner Corp		2,562,155
	27,319		Bar Harbor Bankshares		587,632
	15,527	*	Baycom Corp		228,247
	22,156		BCB Bancorp, Inc		254,351
	77,453		Berkshire Hills Bancorp, Inc		1,284,171
	9,368	*	Bogota Financial Corp		84,968
	131,755		Boston Private Financial Holdings, Inc		1,606,093
	36,837	*	Bridgewater Bancshares, Inc		472,987
	128,116		Brookline Bancorp, Inc		1,612,980
	31,617		Bryn Mawr Bank Corp		982,656
	31,016		Business First Bancshares, Inc		629,625
	44,685		Byline Bancorp, Inc		718,088
	5,305		C&F Financial Corp		208,858
	198,778		Cadence BanCorp		3,562,102
	12,117	*	California Bancorp, Inc		163,701
	10,173		Cambridge Bancorp		747,716
	27,074		Camden National Corp		1,016,629
	8,393	*	Capital Bancorp, Inc		123,713
	22,845		Capital City Bank Group, Inc		510,129
	214,037		Capitol Federal Financial		2,658,340
	23,608		Capstar Financial Holdings, Inc		342,316
	30,234		Carter Bankshares, Inc		302,642
	123,050		Cathay General Bancorp		4,161,551
	7,897		CB Financial Services, Inc		142,225
	30,502		CBTX, Inc		802,813
	48,968		Central Pacific Financial Corp		973,484
	13,356		Central Valley Community Bancorp		204,347
	4,239		Century Bancorp, Inc		335,729
	5,721		Chemung Financial Corp		191,425
	10,981		ChoiceOne Financial Services, Inc		282,651
	158,244		CIT Group, Inc		5,839,204
	21,602		Citizens & Northern Corp		412,814
	7,476	e	Citizens Holding Co		150,940
	25,210		City Holding Co		1,740,751
	24,288		Civista Bancshares, Inc		414,110
	23,959		CNB Financial Corp		503,858
	13,535	*	Coastal Financial Corp		267,993
	15,088		Codorus Valley Bancorp, Inc		238,390
	10,806		Colony Bankcorp Inc		149,663
	119,374		Columbia Banking System, Inc		4,598,286
	78,077	*	Columbia Financial, Inc		1,203,947
	84,790		Community Bank System, Inc		5,498,632
	24,694		Community Bankers Trust Corp		178,291
	7,045		Community Financial Corp		167,671
	28,253		Community Trust Bancorp, Inc		1,030,104
	59,068		ConnectOne Bancorp, Inc		1,255,195
	8,071	e	County Bancorp, Inc		174,576
	81,861	*	CrossFirst Bankshares, Inc		941,402
	46,456	*	Customers Bancorp, Inc		1,032,252
	206,559		CVB Financial Corp		4,013,441
	47,253		Dime Community Bancshares		751,323
	27,500	*	Dime Community Bancshares, Inc		671,825
	10,059		Eagle Bancorp Montana, Inc		215,162

210

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	53,561		Eagle Bancorp, Inc	$	2,275,807
	271,595	*	Eastern Bankshares, Inc		4,329,224
	13,817		Enterprise Bancorp, Inc		350,123
	40,158		Enterprise Financial Services Corp		1,417,979
	23,479	*	Equity Bancshares, Inc		518,416
	10,733	*	Esquire Financial Holdings, Inc		236,985
	11,255		ESSA Bancorp, Inc		160,721
	177,606		Essent Group Ltd		7,429,259
	7,709		Evans Bancorp, Inc		229,111
	14,657		Farmers & Merchants Bancorp, Inc		335,645
	42,907		Farmers National Banc Corp		571,521
	51,223		FB Financial Corp		1,913,691
	14,973		Federal Agricultural Mortgage Corp (FAMC)		1,137,948
	6,246	e	Fidelity D&D Bancorp, Inc		307,366
	24,377		Financial Institutions, Inc		557,990
	44,807		First Bancorp (NC)		1,526,126
	353,298		First Bancorp (Puerto Rico)		3,215,012
	15,618		First Bancorp, Inc		375,301
	34,281		First Bancshares, Inc		1,026,373
	25,831		First Bank		233,771
	81,042		First Busey Corp		1,675,138
	12,667		First Business Financial Services, Inc		243,966
	4,693	e	First Capital Inc		225,217
	16,621		First Choice Bancorp		326,769
	156,728		First Commonwealth Financial Corp		1,838,419
	28,041		First Community Bancshares, Inc		601,760
	11,344		First Community Corp		192,735
	160,686		First Financial Bancorp		2,943,768
	211,092		First Financial Bankshares, Inc		7,996,165
	24,042		First Financial Corp		922,972
	65,288		First Foundation, Inc		1,322,735
	6,249		First Guaranty Bancshares, Inc		99,984
	13,698		First Internet Bancorp		419,433
	66,244		First Interstate Bancsystem, Inc		2,560,993
	89,155		First Merchants Corp		3,358,469
	22,191		First Mid-Illinois Bancshares, Inc		751,609
	186,390		First Midwest Bancorp, Inc		3,081,027
	11,269		First Northwest Bancorp		154,385
	35,195		First of Long Island Corp		588,812
	3,021		First Savings Financial Group, Inc		182,438
	10,786		First United Corp		168,585
	10,003	*	First Western Financial, Inc		184,755
	78,656		Flagstar Bancorp, Inc		3,370,410
	46,633		Flushing Financial Corp		852,451
	24,717		FNCB Bancorp Inc		151,268
	6,082		Franklin Financial Services Corp		164,275
	6,068		FS Bancorp, Inc		325,366
	264,075		Fulton Financial Corp		3,538,605
	17,587	*	FVCBankcorp, Inc		271,367
	40,252		German American Bancorp, Inc		1,361,725
	156,670		Glacier Bancorp, Inc		7,308,656
	19,726		Great Southern Bancorp, Inc		969,927
	93,070		Great Western Bancorp, Inc		2,233,680
	3,120		Greene County Bancorp, Inc		74,006
	11,895		Guaranty Bancshares, Inc		397,055
	141,265		Hancock Whitney Corp		4,822,787

211

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	50,366		Hanmi Financial Corp	$	696,058
	84,726		HarborOne Northeast Bancorp, Inc		920,124
	8,548		Hawthorn Bancshares Inc		156,941
	15,829		HBT Financial, Inc		236,327
	55,577		Heartland Financial USA, Inc		2,370,915
	101,510		Heritage Commerce Corp		891,258
	56,387		Heritage Financial Corp		1,330,733
	116,985		Hilltop Holdings, Inc		3,514,229
	2,423		Hingham Institution for Savings		531,267
	11,365		Home Bancorp, Inc		320,038
	250,070		Home Bancshares, Inc		5,301,484
	36,828		HomeStreet, Inc		1,340,539
	25,940		HomeTrust Bancshares, Inc		544,740
	187,879		Hope Bancorp, Inc		2,100,487
	68,500		Horizon Bancorp		1,084,355
	20,861	*	Howard Bancorp, Inc		252,418
	53,690		Independent Bank Corp (MA)		4,031,045
	36,159		Independent Bank Corp (MI)		663,879
	60,402		Independent Bank Group, Inc		3,709,891
	86,987		International Bancshares Corp		3,288,978
	15,412		Investar Holding Corp		248,596
	376,702		Investors Bancorp, Inc		4,335,840
	132,387		Kearny Financial Corp		1,370,205
	83,816		Lakeland Bancorp, Inc		1,098,828
	41,110		Lakeland Financial Corp		2,413,157
	6,266		Landmark Bancorp, Inc		147,940
	18,657		LCNB Corp		286,945
	6,781		Level One Bancorp, Inc		141,384
	8,088	*,e	Limestone Bancorp, Inc		105,548
	46,313		Live Oak Bancshares, Inc		1,846,962
	27,683		Luther Burbank Corp		271,017
	41,374		Macatawa Bank Corp		343,404
	20,820		Mackinac Financial Corp		260,666
	16,031	*	MainStreet Bancshares Inc		273,809
	23,968		Mercantile Bank Corp		650,731
	14,370		Merchants Bancorp		428,513
	73,331		Meridian Bancorp, Inc		1,110,965
	8,582		Meridian Corp		174,043
	54,539		Meta Financial Group, Inc		2,106,842
	29,837		Metrocity Bankshares, Inc		424,879
	11,009	*	Metropolitan Bank Holding Corp		436,617
	14,066		Mid Penn Bancorp, Inc		306,076
	9,497		Middlefield Banc Corp		194,689
	35,305		Midland States Bancorp, Inc		649,259
	21,689		MidWestOne Financial Group, Inc		533,333
	7,084	*	MMA Capital Holdings Inc		167,749
	120,384	*	Mr Cooper Group, Inc		3,278,056
	14,402		MVB Financial Corp		322,749
	48,249		National Bank Holdings Corp		1,605,244
	9,960		National Bankshares, Inc		308,760
	67,787		NBT Bancorp, Inc		2,237,649
	15,864	*	Nicolet Bankshares, Inc		1,075,421
	133,280	*	NMI Holdings, Inc		2,826,869
	12,065		Northeast Bank		314,414
	77,894		Northfield Bancorp, Inc		962,770
	12,859		Northrim BanCorp, Inc		413,031

212

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	197,261		Northwest Bancshares, Inc	$	2,515,078
	8,879		Norwood Financial Corp		219,134
	8,267	e	Oak Valley Bancorp		128,552
	97,790		OceanFirst Financial Corp		1,775,866
	81,671		OFG Bancorp		1,403,108
	4,666		Ohio Valley Banc Corp		100,272
	261,072		Old National Bancorp		4,383,399
	49,526		Old Second Bancorp, Inc		486,345
	22,204		OP Bancorp		168,528
	35,056		Origin Bancorp, Inc		1,107,419
	20,109		Orrstown Financial Services, Inc		348,087
	130,842		Pacific Premier Bancorp, Inc		4,350,497
	23,362		Park National Corp		2,523,330
	16,102		Parke Bancorp, Inc		278,887
	15,783	e	Partners Bancorp		106,693
	27,378		PCB Bancorp		324,156
	24,441		PCSB Financial Corp		360,138
	15,712	*	PDL Community Bancorp		148,007
	34,560		Peapack Gladstone Financial Corp		812,851
	10,726		Penns Woods Bancorp, Inc		231,038
	69,416		PennyMac Financial Services, Inc		4,026,128
	5,310		Peoples Bancorp of North Carolina, Inc		106,731
	33,405		Peoples Bancorp, Inc		1,018,853
	10,436		Peoples Financial Services Corp		375,905
	16,955	*	Pioneer Bancorp, Inc		177,180
	7,352		Plumas Bancorp		183,065
	22,385		Preferred Bank		1,080,972
	20,251		Premier Financial Bancorp, Inc		311,258
	60,499		Premier Financial Corp		1,679,452
	11,614	*	Professional Holding Corp		173,862
	27,206		Provident Bancorp Inc		313,685
	8,540		Provident Financial Holdings, Inc		137,067
	113,173		Provident Financial Services, Inc		2,095,964
	15,523		Prudential Bancorp, Inc		183,327
	23,572		QCR Holdings, Inc		914,122
	308,053		Radian Group, Inc		5,914,618
	25,818		RBB Bancorp		428,579
	7,570		Red River Bancshares Inc		352,611
	30,038		Reliant Bancorp Inc		617,281
	88,556		Renasant Corp		3,134,882
	16,512		Republic Bancorp, Inc (Class A)		595,918
	71,588	*	Republic First Bancorp, Inc		200,446
	20,153		Richmond Mutual Bancorporation, Inc		255,137
	31,200		Riverview Bancorp, Inc		162,552
	61,604		S&T Bancorp, Inc		1,564,742
	4,045		Salisbury Bancorp, Inc		148,330
	76,501		Sandy Spring Bancorp, Inc		2,542,128
	11,319		SB Financial Group, Inc		195,592
	87,372	*	Seacoast Banking Corp of Florida		2,660,477
	15,696	*	Security National Financial Corp		134,986
	20,322	*	Select Bancorp, Inc		191,840
	76,613		ServisFirst Bancshares, Inc		3,147,262
	15,695		Shore Bancshares, Inc		207,959
	21,936		Sierra Bancorp		479,740
	25,771	*	Silvergate Capital Corp		2,398,249
	177,016		Simmons First National Corp (Class A)		4,372,295

213

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	18,371		SmartFinancial, Inc	$	363,746
	15,593		South Plains Financial Inc		293,772
	112,801		South State Corp		7,866,742
	10,088	*	Southern First Bancshares, Inc		404,529
	11,360		Southern Missouri Bancorp, Inc		348,184
	32,075		Southern National Bancorp of Virginia, Inc		387,145
	51,865		Southside Bancshares, Inc		1,627,005
	27,660		Spirit of Texas Bancshares, Inc		496,220
	6,207		Standard AVB Financial Corp		203,652
	10,335		Sterling Bancorp, Inc		48,368
	32,984		Stock Yards Bancorp, Inc		1,490,877
	20,802		Summit Financial Group, Inc		430,601
	11,960		Territorial Bancorp, Inc		285,366
	82,714	*	Texas Capital Bancshares, Inc		4,981,037
	86,990	*	The Bancorp, Inc		1,458,822
	12,056		Timberland Bancorp, Inc		304,414
	23,206		Tompkins Financial Corp		1,551,785
	111,738		Towne Bank		2,592,322
	44,933		Trico Bancshares		1,676,001
	51,541	*	Tristate Capital Holdings, Inc		945,777
	37,422	*	Triumph Bancorp, Inc		2,145,777
	151,845		Trustco Bank Corp NY		944,476
	104,795		Trustmark Corp		2,878,719
	71,308		UMB Financial Corp		5,060,729
	199,365		United Bankshares, Inc		6,311,896
	127,537		United Community Banks, Inc		3,804,429
	14,975		United Security Bancshares		102,279
	14,239		Unity Bancorp, Inc		267,693
	50,102		Univest Financial Corp		1,124,790
	638,810		Valley National Bancorp		6,522,250
	77,462		Veritex Holdings, Inc		1,979,929
	46,183		Walker & Dunlop, Inc		3,801,785
	122,751		Washington Federal, Inc		3,213,621
	30,121		Washington Trust Bancorp, Inc		1,312,673
	37,789		Waterstone Financial, Inc		697,963
	105,913		WesBanco, Inc		3,071,477
	24,263		West Bancorporation, Inc		499,818
	42,611		Westamerica Bancorporation		2,378,546
	28,934		Western New England Bancorp, Inc		185,467
	81,830		WSFS Financial Corp		3,516,235
			TOTAL BANKS		387,980,102
CAPITAL GOODS - 10.9%
	66,872		Aaon, Inc		4,948,528
	54,385		AAR Corp		1,824,617
	91,109		Advanced Drainage Systems, Inc		7,514,670
	50,607	*	Aegion Corp		929,651
	118,154	*	Aerojet Rocketdyne Holdings, Inc		6,148,734
	35,339	*	Aerovironment, Inc		4,055,857
	15,323		Alamo Group, Inc		2,138,938
	50,995		Albany International Corp (Class A)		3,545,172
	10,908		Allied Motion Technologies, Inc		493,587
	20,089	*,e	Alpha Pro Tech Ltd		286,871
	27,509	*,e	Alta Equipment Group, Inc		261,060
	105,593		Altra Industrial Motion Corp		5,428,536
	38,902	*	Ameresco, Inc		2,182,013

214

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	38,968	*	American Superconductor Corp	$	963,289
	27,546	*	American Woodmark Corp		2,383,004
	227,879	*,g	API Group Corp		4,081,313
	40,483		Apogee Enterprises, Inc		1,420,953
	63,206		Applied Industrial Technologies, Inc		4,449,070
	79,071		Arcosa, Inc		4,411,371
	23,565		Argan, Inc		1,018,715
	36,074		Astec Industries, Inc		2,145,321
	46,408	*	Astronics Corp		578,244
	78,537	*	Atkore International Group, Inc		3,483,901
	41,466		AZZ, Inc		1,973,367
	76,459		Barnes Group, Inc		3,675,384
	88,658	*	Beacon Roofing Supply, Inc		3,525,929
	145,143	*	Bloom Energy Corp		5,066,942
	27,733	*	Blue Bird Corp		568,527
	63,279		Boise Cascade Co		3,013,979
	331,403	*	Builders FirstSource, Inc		12,676,165
	35,727	e	Caesarstone Sdot-Yam Ltd		449,446
	25,106		CAI International, Inc		815,192
	58,034	*	Chart Industries, Inc		6,970,464
	33,279	*	CIRCOR International, Inc		1,063,930
	36,742		Columbus McKinnon Corp		1,586,887
	58,722		Comfort Systems USA, Inc		3,254,960
	43,300	*	Concrete Pumping Holdings Inc		236,418
	42,257	*	Construction Partners Inc		1,200,944
	70,619	*	Cornerstone Building Brands, Inc		803,644
	22,115		CSW Industrials, Inc		2,576,840
	52,030		Cubic Corp		3,183,195
	35,865		Douglas Dynamics, Inc		1,463,292
	16,798	*	Ducommun, Inc		828,813
	26,361	*	DXP Enterprises, Inc		611,312
	49,833	*	Dycom Industries, Inc		4,043,450
	8,488		Eastern Co		199,808
	88,887		EMCOR Group, Inc		7,848,722
	32,362		Encore Wire Corp		1,868,906
	69,353	*	Energy Recovery, Inc		959,846
	87,466		Enerpac Tool Group Corp		1,772,936
	69,774		EnerSys		5,737,516
	33,996		EnPro Industries, Inc		2,454,171
	41,798		ESCO Technologies, Inc		3,974,154
	9,791	*	EVI Industries, Inc		351,595
	148,567	*	Evoqua Water Technologies Corp		4,048,451
	96,859		Federal Signal Corp		3,166,321
	226,511		Fluor Corp		3,916,375
	31,466	*,†	Fortitude Gold Corp		33,039
	75,262		Franklin Electric Co, Inc		5,224,688
	471,074	*	FuelCell Energy, Inc		9,779,496
	56,819		GATX Corp		5,272,803
	15,863	*	Gencor Industries, Inc		203,205
	16,584	*	General Finance Corp		122,390
	53,956	*	Gibraltar Industries, Inc		4,836,076
	67,718	*	GMS, Inc		1,963,145
	28,728		Gorman-Rupp Co		904,932
	20,773		Graham Corp		306,610
	75,548		Granite Construction, Inc		2,236,976
	103,824	*	Great Lakes Dredge & Dock Corp		1,415,121

215

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	51,544		Greenbrier Cos, Inc	$	1,864,862
	70,590		Griffon Corp		1,585,451
	52,840		H&E Equipment Services, Inc		1,452,043
	73,679	*,e	HC2 Holdings, Inc		257,140
	48,818		Helios Technologies, Inc		2,663,022
	40,536	*	Herc Holdings, Inc		2,593,493
	120,808		Hillenbrand, Inc		4,965,209
	9,746		Hurco Cos, Inc		286,727
	15,203		Hyster-Yale Materials Handling, Inc		1,363,861
	13,056	*	IES Holdings, Inc		593,787
	33,403		Insteel Industries, Inc		843,092
	108,972	*	JELD-WEN Holding, Inc		2,832,182
	51,301		John Bean Technologies Corp		5,944,760
	18,401		Kadant, Inc		2,630,423
	44,292		Kaman Corp		2,230,545
	136,125		Kennametal, Inc		5,156,415
	194,848	*	Kratos Defense & Security Solutions, Inc		5,171,266
	7,476	*	Lawson Products, Inc		370,735
	16,315	*	LB Foster Co (Class A)		247,172
	17,515		Lindsay Corp		2,449,122
	41,122		LSI Industries, Inc		394,977
	50,839		Luxfer Holdings plc		837,318
	29,014	*	Lydall, Inc		873,321
	54,380	*	Manitowoc Co, Inc		714,553
	39,605	*	Masonite International Corp		3,940,698
	92,852	*	Mastec, Inc		7,163,532
	42,964	*	Matrix Service Co		506,546
	97,059		Maxar Technologies, Inc		4,063,860
	11,877	*	Mayville Engineering Co Inc		166,278
	115,079	*	Meritor, Inc		2,970,189
	18,268		Miller Industries, Inc		728,528
	48,359		Moog, Inc (Class A)		3,572,279
	118,841	*	MRC Global, Inc		821,191
	91,390		Mueller Industries, Inc		3,120,969
	256,103		Mueller Water Products, Inc (Class A)		3,070,675
	27,117	*	MYR Group, Inc		1,507,976
	8,368		National Presto Industries, Inc		748,183
	81,138	*	Navistar International Corp		3,570,072
	20,889	*,e	Nesco Holdings, Inc		159,174
	67,463	*	NN, Inc		406,802
	16,707	*	Northwest Pipe Co		505,387
	172,013	*	NOW, Inc		1,425,988
	18,349	*	NV5 Global Inc		1,602,418
	4,779		Omega Flex, Inc		884,115
	42,017	*	Orion Energy Systems, Inc		411,346
	95,471	*	PAE, Inc		792,409
	35,996		Park Aerospace Corp		478,027
	14,122		Park-Ohio Holdings Corp		398,099
	36,394	*	Parsons Corp		1,297,810
	91,824	*	PGT, Inc		1,901,675
	647,680	*,h	Plug Power, Inc		40,913,946
	15,137		Powell Industries, Inc		433,978
	5,078		Preformed Line Products Co		326,465
	76,501		Primoris Services Corp		2,226,562
	43,194	*	Proto Labs, Inc		9,148,489
	55,323		Quanex Building Products Corp		1,216,553

216

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	56,020		Raven Industries, Inc	$	1,807,765
	39,765	*	RBC Bearings, Inc		6,653,877
	229,929	*	Resideo Technologies, Inc		5,311,360
	44,286		REV Group, Inc		457,474
	196,927		Rexnord Corp		7,455,656
	66,766		Rush Enterprises, Inc (Class A)		2,803,504
	10,605		Rush Enterprises, Inc (Class B)		410,732
	58,386		Shyft Group, Inc		1,763,257
	71,461		Simpson Manufacturing Co, Inc		6,574,412
	71,865	*	SiteOne Landscape Supply, Inc		11,331,673
	69,944	*	SPX Corp		3,616,804
	69,254	*	SPX FLOW, Inc		3,668,384
	19,412		Standex International Corp		1,590,037
	47,125	*	Sterling Construction Co, Inc		964,649
	244,285	*	Sunrun, Inc		16,921,622
	20,047		Systemax, Inc		770,406
	29,552		Tennant Co		2,002,148
	112,387		Terex Corp		4,018,959
	80,770	*	Textainer Group Holdings Ltd		1,462,745
	17,538	*	The ExOne Company		486,504
	49,731	*	Thermon Group Holdings		725,575
	30,380	*	Titan Machinery, Inc		647,094
	51,175	*	TPI Composites, Inc		3,065,894
	9,875	*	Transcat Inc		361,129
	69,774	*	Trimas Corp		2,208,347
	98,775		Triton International Ltd		4,577,234
	84,248		Triumph Group, Inc		912,406
	67,522	*	Tutor Perini Corp		1,006,078
	95,764		UFP Industries, Inc		5,165,510
	14,536	*	Ultralife Corp		85,326
	17,748	*	Vectrus, Inc		912,247
	21,329	*	Veritiv Corp		390,747
	31,212	*	Vicor Corp		2,701,087
	87,851		Wabash National Corp		1,401,223
	44,787		Watts Water Technologies, Inc (Class A)		5,377,575
	208,313	*	Welbilt, Inc		2,689,321
	80,497	*	WESCO International, Inc		6,126,627
	3,003	*	Willis Lease Finance Corp		83,243
	257,542	*	WillScot Mobile Mini Holdings Corp		6,106,321
			TOTAL CAPITAL GOODS		466,296,424
COMMERCIAL & PROFESSIONAL SERVICES - 3.1%
	109,351		ABM Industries, Inc		4,017,556
	81,399	*	Acacia Research (Acacia Technologies)		455,834
	155,880		ACCO Brands Corp		1,261,069
	14,374	*,e	Akerna Corp		83,657
	82,136	*	ASGN Inc		6,809,896
	11,399		Barrett Business Services, Inc		718,707
	23,514		BG Staffing, Inc		296,747
	76,626		Brady Corp (Class A)		3,517,900
	65,632	*	BrightView Holdings, Inc		930,662
	80,525	e	Brink’s Co		5,486,168
	79,699	*	Casella Waste Systems, Inc (Class A)		4,561,971
	83,821	*	CBIZ, Inc		2,171,802
	56,141	*	Ceco Environmental Corp		389,057
	29,108	*	Cimpress plc		2,660,180

217

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	1,670		Compx International, Inc	$	23,296
	195,524		CoreCivic, Inc		1,390,176
	194,443		Covanta Holding Corp		2,751,368
	12,905		CRA International, Inc		686,675
	69,081		Deluxe Corp		2,341,155
	42,055		Ennis, Inc		765,401
	82,947		Exponent, Inc		6,849,763
	19,243	*	Forrester Research, Inc		763,177
	20,028	*	Franklin Covey Co		481,673
	19,950	*	GP Strategies Corp		240,996
	126,410	*	Harsco Corp		2,102,198
	119,056		Healthcare Services Group		3,859,796
	31,901		Heidrick & Struggles International, Inc		930,233
	22,945	*	Heritage-Crystal Clean, Inc		497,907
	97,756		Herman Miller, Inc		3,348,143
	68,369		HNI Corp		2,205,584
	38,017	*	Huron Consulting Group, Inc		2,013,380
	8,594	*	IBEX Ltd		158,301
	29,305		ICF International, Inc		2,260,295
	58,704		Insperity, Inc		4,607,677
	87,218		Interface, Inc		875,669
	210,265		KAR Auction Services, Inc		3,881,492
	53,724		Kelly Services, Inc (Class A)		1,048,692
	31,049		Kforce, Inc		1,324,240
	60,047		Kimball International, Inc (Class B)		725,968
	81,786		Knoll, Inc		1,223,519
	89,280		Korn/Ferry International		4,071,168
	6,144	*	Mastech Holdings, Inc		100,209
	48,917		Matthews International Corp (Class A)		1,493,436
	39,267		McGrath RentCorp		2,740,444
	39,652	*	Mistras Group, Inc		273,995
	18,720	*	Montrose Environmental Group, Inc		692,266
	9,268		NL Industries, Inc		41,799
	26,441	*	Pico Holdings, Inc		227,393
	283,763		Pitney Bowes, Inc		2,650,346
	53,179		Quad Graphics, Inc		248,878
	10,400	*,e	Red Violet, Inc		232,960
	55,447		Resources Connection, Inc		639,858
	36,466	*	SP Plus Corp		1,057,514
	137,445		Steelcase, Inc (Class A)		1,777,164
	48,496	*	Team, Inc		479,140
	88,126		Tetra Tech, Inc		10,713,478
	65,988	*	TriNet Group, Inc		4,890,371
	58,793	*	TrueBlue, Inc		1,092,962
	24,665		Unifirst Corp		5,248,712
	151,795	*	Upwork, Inc		6,291,903
	52,048	*	US Ecology, Inc		1,717,584
	34,410		Viad Corp		1,187,145
	17,002		VSE Corp		588,269
	18,190	*	Willdan Group, Inc		812,911
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		129,987,885
CONSUMER DURABLES & APPAREL - 3.6%
	55,859		Acushnet Holdings Corp		2,280,164
	22,127	*	American Outdoor Brands, Inc		419,970
	45,604	*	Beazer Homes USA, Inc		757,938

218

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	151,858		Callaway Golf Co	$	4,235,320
	40,697	*	Casper Sleep, Inc		322,320
	15,021	*	Cavco Industries, Inc		2,833,862
	46,984	*	Century Communities, Inc		2,205,429
	39,006		Clarus Corp		626,436
	107,752	*	CROCS, Inc		7,544,795
	45,365	*	Deckers Outdoor Corp		13,245,673
	17,839		Escalade, Inc		371,943
	36,403		Ethan Allen Interiors, Inc		860,931
	74,678	*	Fossil Group, Inc		1,082,831
	71,254	*	G-III Apparel Group Ltd		1,926,708
	199,649	*	GoPro, Inc		1,786,859
	38,140	*	Green Brick Partners, Inc		758,986
	10,453		Hamilton Beach Brands Holding Co		200,593
	41,380	*	Helen of Troy Ltd		10,107,065
	19,246		Hooker Furniture Corp		579,882
	37,392	*	Installed Building Products, Inc		3,923,543
	45,746	*,e	iRobot Corp		5,494,095
	9,379		Johnson Outdoors, Inc		1,022,592
	144,276		KB Home		6,007,653
	83,646		Kontoor Brands, Inc		3,021,293
	12,276	*,e	Lakeland Industries, Inc		341,273
	73,861		La-Z-Boy, Inc		2,859,898
	13,139	*	Legacy Housing Corp		186,180
	35,893	*	LGI Homes, Inc		3,830,142
	20,138		Lifetime Brands, Inc		279,918
	15,439	*	Lovesac Co		872,921
	44,624	*	M/I Homes, Inc		2,203,087
	33,680	*	Malibu Boats, Inc		2,361,305
	11,799		Marine Products Corp		192,088
	29,573	*	MasterCraft Boat Holdings, Inc		754,999
	83,356		MDC Holdings, Inc		4,336,179
	60,851	*	Meritage Homes Corp		4,883,901
	22,718		Movado Group, Inc		469,354
	47,332	*	Nautilus, Inc		1,160,107
	25,592		Oxford Industries, Inc		1,669,622
	27,124	*	Purple Innovation, Inc		923,301
	11,234		Rocky Brands, Inc		387,124
	87,088	*	Skyline Champion Corp		2,928,769
	88,510		Smith & Wesson Brands, Inc		1,465,726
	133,702	*	Sonos, Inc		3,496,307
	136,722		Steven Madden Ltd		4,593,859
	27,082		Sturm Ruger & Co, Inc		1,715,915
	18,501		Superior Uniform Group, Inc		422,378
	206,777	*	Taylor Morrison Home Corp		5,372,066
	54,127	*	TopBuild Corp		10,822,694
	206,365	*	TRI Pointe Homes, Inc		4,168,573
	77,627	*	Tupperware Brands Corp		2,335,020
	21,356	*	Turtle Beach Corp		638,544
	23,363	*	Unifi, Inc		559,544
	22,198	*	Universal Electronics, Inc		1,204,020
	32,491	*	Vera Bradley, Inc		274,549
	95,068	*	Vista Outdoor, Inc		2,773,134
	31,848	*	VOXX International Corp (Class A)		594,921
	132,482		Wolverine World Wide, Inc		3,794,284
	130,871	*	YETI Holdings, Inc		8,613,929
			TOTAL CONSUMER DURABLES & APPAREL		155,102,512

219

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
CONSUMER SERVICES - 4.2%
	76,426	*	Accel Entertainment, Inc	$	735,982
	85,178	*	Adtalem Global Education, Inc		3,287,019
	23,067	*	American Public Education, Inc		663,868
	29,802	*	Aspen Group, Inc		281,778
	30,011	*	Bally’s Corp		1,574,977
	140	*	Biglari Holdings, Inc (A Shares)		79,951
	1,683	*	Biglari Holdings, Inc (B Shares)		193,107
	35,443		BJ’s Restaurants, Inc		1,656,606
	143,844		Bloomin’ Brands, Inc		3,030,793
	11,785		Bluegreen Vacations Corp		91,098
	20,148	*	Bluegreen Vacations Holding Corp		263,737
	132,877	*	Boyd Gaming Corp		6,000,725
	72,899		Brinker International, Inc		4,292,293
	292,939	*	Caesars Entertainment, Inc		20,619,976
	28,599		Carriage Services, Inc		947,199
	63,462	*	Carrols Restaurant Group, Inc		389,657
	41,827	*	Century Casinos, Inc		290,698
	67,801	e	Cheesecake Factory		3,049,011
	62,156		Churchill Downs, Inc		11,651,142
	31,490	*	Chuy’s Holdings, Inc		1,104,669
	15,534		Collectors Universe		1,418,410
	39,223		Cracker Barrel Old Country Store, Inc		5,307,264
	69,913	*	Dave & Buster’s Entertainment, Inc		2,378,440
	44,551	*	Del Taco Restaurants, Inc		428,581
	99,827	*	Denny’s Corp		1,570,279
	25,783		Dine Brands Global Inc.		1,772,839
	29,146	*	El Pollo Loco Holdings, Inc		593,121
	133,022	*	Everi Holdings, Inc		1,739,928
	29,014	*	Fiesta Restaurant Group, Inc		436,951
	35,060		Franchise Group, Inc		1,271,977
	39,456	*	GAN Ltd		931,556
	27,024	*	Golden Entertainment, Inc		459,408
	141,023	*	Hilton Grand Vacations, Inc		4,191,204
	173,829	*	Houghton Mifflin Harcourt Co		856,977
	163,462		International Game Technology plc		2,633,373
	37,498	e	Jack in the Box, Inc		3,530,062
	5,140	*,e	Kura Sushi USA, Inc		116,421
	174,112	*	Laureate Education, Inc		2,265,197
	43,316	*	Lindblad Expeditions Holdings, Inc		680,061
	65,611		Marriott Vacations Worldwide Corp		8,054,406
	20,134	*	Monarch Casino & Resort, Inc		1,064,082
	4,421		Nathan’s Famous, Inc		245,410
	52,986	*	Noodles & Co		448,791
	71,120		OneSpaWorld Holdings Ltd		674,929
	54,137		Papa John’s International, Inc		5,537,132
	253,617	*	Penn National Gaming, Inc		26,305,155
	110,517	*	Perdoceo Education Corp		1,307,416
	36,402	*	PlayAGS, Inc		187,470
	15,720		RCI Hospitality Holdings, Inc		604,906
	28,857	*,e	Red Robin Gourmet Burgers, Inc		755,765
	107,723		Red Rock Resorts, Inc		2,529,336
	35,965	*,e	Regis Corp		341,308
	52,142		Ruth’s Hospitality Group Inc		948,463

220

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	92,877	*	Scientific Games Corp (Class A)	$	3,642,636
	85,166	*	SeaWorld Entertainment, Inc		2,433,193
	57,248	*	Shake Shack, Inc		6,493,068
	39,223		Strategic Education, Inc		3,466,137
	62,909	*	Stride, Inc		1,619,907
	47,667	*	Target Hospitality Corp		84,371
	106,382		Texas Roadhouse, Inc (Class A)		8,107,372
	47,139	*	Universal Technical Institute, Inc		286,605
	127,325	*	Vivint Smart Home, Inc		2,405,169
	48,581		Wingstop, Inc		7,289,579
	74,002	*	WW International Inc		1,965,493
			TOTAL CONSUMER SERVICES		179,584,434
DIVERSIFIED FINANCIALS - 4.1%
	23,632		Alerus Financial Corp		568,586
	7,888		A-Mark Precious Metals, Inc		225,439
	161,632		Anworth Mortgage Asset Corp		394,382
	227,619		Apollo Commercial Real Estate Finance, Inc		2,544,780
	188,820		Arbor Realty Trust, Inc		2,692,573
	52,133		Ares Commercial Real Estate Corp		590,146
	61,592	*	Arlington Asset Investment Corp (Class A)		222,963
	102,030		ARMOUR Residential REIT, Inc		1,139,675
	87,860		Artisan Partners Asset Management, Inc		4,252,424
	26,866	*	Assetmark Financial Holdings, Inc		618,455
	3,259		Associated Capital Group, Inc		107,026
	7,942	*	Atlanticus Holdings Corp		204,348
	30,503		B. Riley Financial, Inc		1,470,245
	50,095		Banco Latinoamericano de Exportaciones S.A. (Class E)		763,448
	485,090		BGC Partners, Inc (Class A)		1,722,069
	225,799		Blackstone Mortgage Trust, Inc		6,019,801
	77,387	*	Blucora, Inc		1,281,529
	100,954		Brightsphere Investment Group, Inc		1,850,487
	210,316		Broadmark Realty Capital, Inc		2,164,152
	140,998	*	Cannae Holdings, Inc		5,356,514
	154,079		Capstead Mortgage Corp		822,782
	20,134		Cherry Hill Mortgage Investment Corp		177,179
	317,930		Chimera Investment Corp		3,211,093
	39,631		Cohen & Steers, Inc		2,595,830
	137,889		Colony Credit Real Estate, Inc		1,089,323
	42,207		Cowen Group, Inc		1,061,506
	30,163		Curo Group Holdings Corp		438,268
	4,916		Diamond Hill Investment Group, Inc		728,699
	48,255	*	Donnelley Financial Solutions, Inc		863,282
	34,005		Dynex Capital, Inc		613,790
	67,705		Ellington Financial Inc		1,012,867
	23,525		Ellington Residential Mortgage REIT		281,359
	51,355	*	Encore Capital Group, Inc		1,525,244
	55,689	*	Enova International, Inc		1,258,571
	78,539	*	Ezcorp, Inc (Class A)		352,640
	151,919		Federated Investors, Inc (Class B)		4,101,813
	66,482		FirstCash, Inc		3,914,460
	51,302	*	Focus Financial Partners, Inc		2,440,949
	8,005		GAMCO Investors, Inc (Class A)		142,569
	90,009		Granite Point Mortgage Trust, Inc		838,884
	35,881		Great Ajax Corp		353,428
	83,902	*	Green Dot Corp		4,214,397

221

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	25,633		Greenhill & Co, Inc	$	297,599
	6,613	*,e	GWG Holdings Inc		48,143
	52,480		Hamilton Lane, Inc		3,955,418
	118,449		Hannon Armstrong Sustainable Infrastructure Capital, Inc		7,006,258
	84,304		Houlihan Lokey, Inc		5,467,114
	291,919		Invesco Mortgage Capital, Inc		1,179,353
	142,622	e	iShares Russell 2000 Index Fund		29,317,378
	45,928		KKR Real Estate Finance Trust, Inc		786,287
	171,125		Ladder Capital Corp		1,682,159
	118,892	*	LendingClub Corp		1,289,978
	8,046		Marlin Business Services Corp		114,656
	750,209		MFA Financial Inc		2,730,761
	85,842		Moelis & Co		4,267,206
	300,785		Navient Corp		3,385,335
	28,134		Nelnet, Inc (Class A)		1,935,338
	611,454		New York Mortgage Trust, Inc		2,280,723
	35,784	*,†	NewStar Financial, Inc		8,640
	31,025	*	Oportun Financial Corp		496,710
	16,620		Oppenheimer Holdings, Inc		576,215
	96,281		Orchid Island Capital, Inc		497,773
	162,040		PennyMac Mortgage Investment Trust		2,795,190
	28,460		Piper Jaffray Cos		2,599,252
	38,244		PJT Partners, Inc		2,638,454
	73,104	*	PRA Group, Inc		2,410,239
	108,158		PROG Holdings, Inc		5,102,894
	30,321		Pzena Investment Management, Inc (Class A)		251,664
	67,253		Ready Capital Corp		765,339
	185,165		Redwood Trust, Inc		1,588,716
	14,235		Regional Management Corp		402,851
	30,407	*	Safeguard Scientifics, Inc		207,680
	29,718		Sculptor Capital Management, Inc		504,017
	8,842	*,e	Siebert Financial Corp		72,681
	15,048		Silvercrest Asset Management Group, Inc		230,385
	31,822	*	StepStone Group, Inc		1,117,589
	163,417		Stifel Financial Corp		8,468,269
	26,771	*	StoneX Group, Inc		1,432,784
	6,037	*,e	SWK Holdings Corp		82,164
	95,896		TPG RE Finance Trust, Inc		936,904
	452,019		Two Harbors Investment Corp		2,743,755
	1,276		Value Line, Inc		39,301
	11,900		Virtus Investment Partners, Inc		2,499,000
	100,455		Waddell & Reed Financial, Inc (Class A)		2,540,507
	108,368		Western Asset Mortgage Capital Corp		319,686
	8,527		Westwood Holdings Group, Inc		100,960
	232,018		WisdomTree Investments, Inc		1,237,816
	7,582	*,e	World Acceptance Corp		1,087,410
			TOTAL DIVERSIFIED FINANCIALS		175,726,526
ENERGY - 2.2%
	3,503		Adams Resources & Energy, Inc		84,808
	398,449	*	Antero Resources Corp		2,765,236
	25,229	*	Arch Resources, Inc		1,208,974
	213,284		Archrock, Inc		1,891,829
	86,300		Ardmore Shipping Corp		276,160
	32,725	*	Aspen Aerogels, Inc		656,463
	114,203		Berry Petroleum Co LLC		439,682

222

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	33,121	*	Bonanza Creek Energy, Inc	$	684,280
	59,165		Brigham Minerals, Inc		792,219
	10,636	*	Bristow Group, Inc		257,498
	76,672		Cactus, Inc		2,008,806
	299,490	*	ChampionX Corp		4,579,202
	212,577	*	Clean Energy Fuels Corp		2,174,663
	355,529	*	CNX Resources Corp		4,504,552
	35,351	*	Comstock Resources Inc		160,847
	43,030	*	CONSOL Energy, Inc		349,404
	150,470	*,e	Contango Oil & Gas Co		359,623
	47,827		CVR Energy, Inc		817,842
	99,684		Delek US Holdings, Inc		1,870,072
	175,888		DHT Holdings, Inc		944,519
	41,840	*	Diamond S Shipping Inc		267,358
	22,684		DMC Global, Inc		1,296,844
	66,020	*	Dorian LPG Ltd		765,172
	57,882	*	Dril-Quip, Inc		1,743,406
	37,679	*	Earthstone Energy, Inc		193,670
	428,315		EnCana Corp		6,750,244
	185,019	*,e	Energy Fuels, Inc		703,072
	45,753		Evolution Petroleum Corp		145,494
	42,790	*	Exterran Corp		184,853
	61,773		Falcon Minerals Corp		189,025
	290,316	*	Frank’s International NV		807,078
	190,624	e	Frontline Ltd		1,124,682
	146,653	*	Golar LNG Ltd		1,588,252
	14,289	*	Goodrich Petroleum Corp		138,175
	57,390	*	Green Plains Inc		1,102,462
	226,166	*	Helix Energy Solutions Group, Inc		931,804
	38,016		International Seaways, Inc		608,636
	647,675		Kosmos Energy Ltd		1,437,838
	121,231		Liberty Oilfield Services, Inc		1,457,197
	204,998	*	Magnolia Oil & Gas Corp		1,736,333
	178,292	*	Matador Resources Co		2,724,302
	10,510	e	Nabors Industries Ltd		750,624
	4,470		Nacco Industries, Inc (Class A)		107,146
	33,971	*	National Energy Services Reunited Corp		366,207
	149,191	*	Newpark Resources, Inc		356,566
	33,891	*,e	NextDecade Corp		78,966
	287,125	*	NexTier Oilfield Solutions, Inc		953,255
	233,030	e	Nordic American Tankers Ltd		689,769
	153,202	*	Oceaneering International, Inc		1,294,557
	114,838	*	Oil States International, Inc		643,093
	100,296	*	Overseas Shipholding Group, Inc		207,613
	64,405	*	Par Pacific Holdings, Inc		855,298
	317,085		Patterson-UTI Energy, Inc		1,950,073
	154,102		PBF Energy, Inc		1,305,244
	165,102	*	PDC Energy, Inc		3,584,364
	21,464	*,e	Penn Virginia Corp		215,499
	750	*	PrimeEnergy Corp		26,835
	127,984	*	ProPetro Holding Corp		1,022,592
	349,386	*	Range Resources Corp		3,217,845
	62,295	*	Renewable Energy Group, Inc		5,581,632
	8,758	*	Rex American Resources Corp		669,987
	83,751	*	RPC, Inc		373,529
	83,122	e	Scorpio Tankers, Inc		1,034,038

223

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	119,793	*	Select Energy Services, Inc	$	601,361
	159,504		SFL Corp Ltd		1,008,065
	187,121		SM Energy Co		1,569,945
	46,387		Solaris Oilfield Infrastructure, Inc		422,122
	1,061,171	*	Southwestern Energy Co		4,000,615
	19,740	*	Talos Energy, Inc		167,000
	238,928	*,e	Tellurian, Inc		723,952
	73,003	*	Tidewater, Inc		692,798
	931,957	*,e	Transocean Ltd (NYSE)		3,131,375
	264,302	*,e	Uranium Energy Corp		430,812
	117,412		US Silica Holdings, Inc		955,734
	147,897	*,e	W&T Offshore, Inc		357,911
	1,058	*	Whiting Petroleum Corp		21,520
	103,393		World Fuel Services Corp		3,162,792
			TOTAL ENERGY		95,253,310
FOOD & STAPLES RETAILING - 0.8%
	52,624		Andersons, Inc		1,210,352
	221,620	*	BJ’s Wholesale Club Holdings, Inc		9,323,553
	48,541	*	Chefs’ Warehouse Holdings, Inc		1,324,684
	56,638	*,e	HF Foods Group Inc		443,476
	22,858	e	Ingles Markets, Inc (Class A)		1,087,127
	15,412		Natural Grocers by Vitamin C		256,610
	214,338	*	Performance Food Group Co		10,048,165
	37,646		Pricesmart, Inc		3,534,206
	88,024	*	Rite Aid Corp		2,314,151
	59,062		SpartanNash Co		1,093,828
	89,219	*	United Natural Foods, Inc		2,416,051
	12,578		Village Super Market (Class A)		265,018
	14,870		Weis Markets, Inc		732,794
			TOTAL FOOD & STAPLES RETAILING		34,050,015
FOOD, BEVERAGE & TOBACCO - 1.9%
	8,727		Alico, Inc		259,192
	105,520	e	B&G Foods, Inc (Class A)		4,018,202
	2,497	*	Bridgford Foods Corp		41,825
	26,464		Calavo Growers, Inc		2,015,234
	60,637	*	Cal-Maine Foods, Inc		2,324,823
	58,642	*	Celsius Holdings, Inc		3,131,483
	7,270		Coca-Cola Consolidated Inc		1,940,072
	261,001	*	Darling International, Inc		16,184,672
	38,889	*	Farmer Bros Co		203,778
	50,269		Fresh Del Monte Produce, Inc		1,230,082
	62,747	*	Freshpet, Inc		8,741,285
	197,574	*	Hostess Brands, Inc		3,032,761
	24,776		J&J Snack Foods Corp		3,782,304
	13,969		John B. Sanfilippo & Son, Inc		1,123,527
	5,132	*,e	Laird Superfood, Inc		222,421
	30,422		Lancaster Colony Corp		5,311,073
	49,835	*	Landec Corp		531,241
	24,847		Limoneira Co		396,807
	21,578		MGP Ingredients, Inc		1,249,366
	11,920	*	Mission Produce, Inc		229,222
	19,328	e	National Beverage Corp		2,928,965
	152,757	*	NewAge, Inc		465,909
	253,981		Primo Water Corp		3,924,006

224

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	32,886		Sanderson Farms, Inc	$	4,478,744
	10,762	*	Seneca Foods Corp		390,122
	138,241	*	Simply Good Foods Co		3,945,398
	27,685	e	Tootsie Roll Industries, Inc		1,095,772
	19,050		Turning Point Brands, Inc		897,255
	39,273		Universal Corp		1,801,452
	225,480		Vector Group Ltd		2,647,135
	16,187	*	Vital Farms, Inc		400,305
			TOTAL FOOD, BEVERAGE & TOBACCO		78,944,433
HEALTH CARE EQUIPMENT & SERVICES - 7.4%
	128,647	*	1Life Healthcare, Inc		6,509,538
	48,667	*,e	Accelerate Diagnostics, Inc		499,323
	21,464	*,e	Accolade, Inc		1,088,010
	155,609	*	Accuray, Inc		768,708
	16,146	*	Acutus Medical, Inc		418,020
	41,072	*	AdaptHealth Corp		1,571,825
	24,273	*	Addus HomeCare Corp		2,731,926
	257,119	*	Allscripts Healthcare Solutions, Inc		4,242,464
	90,103	*	Alphatec Holdings Inc		1,340,733
	76,209	*	AMN Healthcare Services, Inc		5,496,193
	59,126	*	Angiodynamics, Inc		1,108,021
	270,773	*	Antares Pharma, Inc		1,185,986
	31,771	*	Apollo Medical Holdings, Inc		698,962
	66,773	*	Apyx Medical Corp		620,321
	127,288	*,e	Aspira Women’s Health, Inc		1,135,409
	72,426	*	AtriCure, Inc		4,217,366
	2,461		Atrion Corp		1,603,268
	31,384	*,e	Avalon GloboCare Corp		38,916
	77,454	*	Avanos Medical, Inc		3,508,666
	59,834	*,e	AxoGen, Inc		1,038,120
	49,472	*,e	Axonics Modulation Technologies, Inc		2,557,702
	5,682	*	Bellerophon Therapeutics, Inc		39,319
	20,983	*,e	Beyond Air, Inc		124,219
	4,949	*	Biodesix, Inc		119,667
	22,074	*	BioLife Solutions Inc		837,046
	36,998	*,e	BioSig Technologies Inc		163,901
	54,077	*	BioTelemetry, Inc		3,864,342
	306,900	*	Brookdale Senior Living, Inc		1,516,086
	61,928	*	Cantel Medical Corp		4,890,454
	65,205	*	Cardiovascular Systems, Inc		2,933,573
	18,846	*	Castle Biosciences, Inc		1,259,478
	266,662	*	Cerus Corp		1,757,303
	31,463	*,e	Chembio Diagnostics, Inc		207,341
	43,565	*,e	Co-Diagnostics, Inc		559,375
	139,943	*	Community Health Systems, Inc		1,304,269
	21,820		Computer Programs & Systems, Inc		671,620
	44,412		Conmed Corp		4,969,703
	14,320	*	Corvel Corp		1,415,102
	190,117	*	Covetrus, Inc		6,477,286
	68,459	*	Cross Country Healthcare, Inc		599,701
	57,365	*	CryoLife, Inc		1,372,744
	57,441	*,e	CryoPort, Inc		3,917,476
	27,133	*	Cutera, Inc		656,890
	68,952	*	CytoSorbents Corp		723,307
	13,080	*	Eargo, Inc		687,746

225

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	11,193	*	Electromed, Inc	$	111,258
	83,149		Ensign Group, Inc		6,508,904
	66,719	*	Enzo Biochem, Inc		188,148
	124,104	*	Evolent Health, Inc		2,118,455
	11,267	*	Exagen, Inc		176,892
	30,465	*	Five Star Senior Living, Inc		220,262
	10,089	*	FONAR Corp		179,786
	22,180	*,e	Fulgent Genetics, Inc		2,450,668
	114,958	*	GenMark Diagnostics, Inc		1,587,570
	69,837	*	Glaukos Corp		6,193,844
	60,878	*	Hanger Inc		1,247,390
	55,074	*	Health Catalyst, Inc		2,736,076
	122,027	*	HealthEquity, Inc		10,195,356
	38,754	*	HealthStream, Inc		902,193
	11,371	*	Heska Corp		1,903,051
	143,876	*	HMS Holdings Corp		5,297,514
	31,792	*,e	iCAD, Inc		482,920
	12,497	*	Inari Medical, Inc		1,192,464
	23,923	*	InfuSystem Holdings, Inc		421,523
	29,058	*	Inogen, Inc		1,421,808
	120,940	*	Inovalon Holdings, Inc		2,950,936
	42,357	*	Inspire Medical Systems, Inc		8,535,359
	53,709	*	Integer Holding Corp		3,963,724
	54,922	*	Intersect ENT, Inc		1,234,097
	13,359	*	IntriCon Corp		244,870
	58,986		Invacare Corp		552,109
	9,882	*	iRadimed Corp		244,481
	46,739	*	iRhythm Technologies, Inc		7,871,782
	23,269	*	Joint Corp		756,941
	107,944	*	Lantheus Holdings, Inc		1,756,249
	27,236		LeMaitre Vascular, Inc		1,308,962
	13,045	*	LENSAR, Inc		91,185
	49,647	*	LHC Group, Inc		9,890,675
	79,924	*	LivaNova plc		5,027,220
	38,766	*	Magellan Health Services, Inc		3,643,229
	119,821	*	MEDNAX, Inc		3,267,519
	68,274	*	Meridian Bioscience, Inc		1,508,855
	88,526	*	Merit Medical Systems, Inc		4,793,683
	7,993		Mesa Laboratories, Inc		2,215,180
	56,071	*,e	Milestone Scientific, Inc		158,120
	23,040	*	Misonix Inc		317,030
	19,456	*	ModivCare, Inc		3,085,138
	43,104	*,e	NantHealth, Inc		181,899
	19,992		National Healthcare Corp		1,280,488
	23,803		National Research Corp		1,078,276
	52,125	*	Natus Medical, Inc		1,270,286
	10,702	*,e	Nemaura Medical, Inc		45,484
	85,136	*	Neogen Corp		6,884,948
	55,037	*	Nevro Corp		8,904,436
	91,549	*	NextGen Healthcare, Inc		1,810,839
	85,250	*	NuVasive, Inc		4,581,335
	68,682	*	Omnicell, Inc		8,090,740
	12,904	*,e	Ontrak, Inc		1,023,158
	23,288	*	OptimizeRx Corp		1,051,220
	70,596	*	Option Care Health, Inc		1,304,614
	114,169	*	OraSure Technologies, Inc		1,738,794

226

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	30,635	*	Orthofix Medical Inc	$	1,237,960
	20,885	*	OrthoPediatrics Corp		964,469
	16,295	*	Outset Medical, Inc		844,570
	118,823		Owens & Minor, Inc		3,455,373
	138,142		Patterson Cos, Inc		4,376,339
	57,888	*,e	PAVmed, Inc		118,670
	41,937	*	Pennant Group, Inc		2,254,953
	35,553	*,e	PetIQ, Inc		1,232,267
	54,375	*	Phreesia, Inc		3,550,144
	7,359	*,e	Progenity, Inc		50,630
	42,977	*	Progyny, Inc		2,010,034
	18,993	*	Pulmonx Corp		1,077,283
	20,409	*,e	Pulse Biosciences, Inc		696,967
	118,827	*	Quotient Ltd		720,092
	177,039	*	R1 RCM, Inc		4,466,694
	74,588	*	RadNet, Inc		1,335,871
	53,231	*	Repro-Med Systems, Inc		215,053
	20,903	*,e	Retractable Technologies, Inc		336,329
	109,022	*,e	Rockwell Medical, Inc		130,826
	48,595	*	Schrodinger, Inc		4,389,586
	42,799	*	SeaSpine Holdings Corp		695,912
	177,278	*	Select Medical Holdings Corp		4,556,045
	23,007	*,e	Sharps Compliance Corp		304,153
	46,410	*	Shockwave Medical Inc		5,385,416
	47,277	*	SI-BONE, Inc		1,384,271
	76,409	*	Sientra, Inc		358,358
	44,963	*	Silk Road Medical Inc		2,451,832
	22,613		Simulations Plus, Inc		1,789,593
	11,117	*,e	Soliton Inc		120,731
	75,008	*	Staar Surgical Co		7,694,321
	72,478	*,e	Stereotaxis, Inc		348,619
	106,320	*	Surgalign Holdings, Inc		178,618
	36,662	*	Surgery Partners, Inc		1,366,759
	21,908	*	SurModics, Inc		996,814
	32,915	*,e	Tabula Rasa HealthCare, Inc		1,869,243
	29,850	*	Tactile Systems Technology, Inc		1,628,318
	8,703	*	Tela Bio, Inc		124,453
	168,410	*	Tenet Healthcare Corp		7,960,741
	70,375	*	Tivity Health, Inc		1,586,956
	40,378	*	Transmedics Group, Inc		919,811
	37,147	*	Triple-S Management Corp (Class B)		870,354
	20,254		US Physical Therapy, Inc		2,437,366
	5,769		Utah Medical Products, Inc		499,999
	31,621	*,e	Vapotherm, Inc		1,092,506
	64,710	*	Varex Imaging Corp		1,252,786
	29,424	*,e	Venus Concept, Inc		55,906
	51,439	*	Viemed Healthcare, Inc		431,573
	179,127	*	ViewRay, Inc		795,324
	51,689	*	Vocera Communications, Inc		2,271,732
	37,829	*	VolitionRX Ltd		174,392
	28,956	*,e	Zynex Inc		523,235
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		317,237,615
HOUSEHOLD & PERSONAL PRODUCTS - 0.6%
	64,750	*	BellRing Brands, Inc		1,506,085
	15,580	*	Central Garden & Pet Co		658,878

227

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	63,454	*	Central Garden and Pet Co (Class A)	$	2,474,706
	86,593		Edgewell Personal Care Co		2,892,206
	72,610	*	elf Beauty, Inc		1,579,994
	30,038		Inter Parfums, Inc		1,867,763
	20,175	*	Lifevantage Corp		180,365
	18,355		Medifast, Inc		4,307,368
	11,943	*	Nature’s Sunshine Products, Inc		191,685
	8,492		Oil-Dri Corp of America		294,418
	13,374	*,e	Revlon, Inc (Class A)		153,801
	19,016	*	USANA Health Sciences, Inc		1,573,764
	80,103	*,e	Veru, Inc		706,508
	21,857		WD-40 Co		6,653,489
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		25,041,030
INSURANCE - 1.8%
	70,492	*	AMBAC Financial Group, Inc		1,016,495
	145,051		American Equity Investment Life Holding Co		4,234,039
	32,758		Amerisafe, Inc		1,818,069
	53,049	*	Argo Group International Holdings Ltd		2,140,527
	70,315	*	BRP Group, Inc		1,632,011
	75,026	*,e	Citizens, Inc (Class A)		453,907
	226,772		Conseco, Inc		4,809,834
	23,966	e	Crawford & Co		182,381
	15,067		Donegal Group, Inc (Class A)		208,979
	42,274	*	eHealth, Inc		2,022,811
	46,277		Employers Holdings, Inc		1,411,449
	19,617	*	Enstar Group Ltd		3,927,520
	15,831		FBL Financial Group, Inc (Class A)		887,169
	20,602		FedNat Holding Co		107,130
	819,417	*	Genworth Financial, Inc (Class A)		2,327,144
	21,692		Goosehead Insurance, Inc		2,898,051
	49,145	*,e	Greenlight Capital Re Ltd (Class A)		369,079
	10,657		HCI Group, Inc		592,849
	35,555		Heritage Insurance Holdings, Inc		331,373
	67,038		Horace Mann Educators Corp		2,625,878
	7,592		Independence Holding Co		292,368
	2,664		Investors Title Co		380,952
	48,009		James River Group Holdings Ltd		2,135,440
	34,594		Kinsale Capital Group, Inc		6,488,451
	85,767	*	MBIA, Inc		526,609
	4,231		National Western Life Group, Inc		761,580
	11,769	*	NI Holdings, Inc		200,073
	33,291	*	Palomar Holdings, Inc		3,315,451
	87,224		ProAssurance Corp		1,598,816
	13,820	*	ProSight Global, Inc		172,059
	15,417		Protective Insurance Corp		216,917
	63,786		RLI Corp		6,173,209
	23,386		Safety Insurance Group, Inc		1,717,468
	95,162		Selective Insurance Group, Inc		6,183,627
	51,032	*	Selectquote, Inc		1,077,796
	26,870		State Auto Financial Corp		444,430
	42,288		Stewart Information Services Corp		1,961,317
	129,251	*	Third Point Reinsurance Ltd		1,192,987
	28,499		Tiptree Inc		138,790
	21,328	*	Trean Insurance Group, Inc		317,574
	49,300	*	Trupanion, Inc		5,531,460

228

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	37,248		United Fire Group Inc	$	1,025,810
	20,143		United Insurance Holdings Corp		102,326
	41,415		Universal Insurance Holdings, Inc		554,547
	27,062	*	Watford Holdings Ltd		935,263
			TOTAL INSURANCE		77,442,015
MATERIALS - 3.9%
	45,077		Advanced Emissions Solutions, Inc		228,540
	44,111	*	AdvanSix, Inc		940,447
	47,180	*	AgroFresh Solutions, Inc		92,473
	306,785	*	Alcoa Corp		5,522,130
	210,073	*	Allegheny Technologies, Inc		3,573,342
	46,599		American Vanguard Corp		771,214
	171,433	*,e	Amyris, Inc		1,611,470
	162,540	*	Arconic Corp		4,096,008
	149,522		Avient Corp		5,746,131
	51,785		Balchem Corp		5,542,549
	17,404		Caledonia Mining Corp plc		261,582
	76,026		Carpenter Technology Corp		2,375,052
	84,009	*	Century Aluminum Co		819,088
	11,795		Chase Corp		1,182,331
	26,505	*	Clearwater Paper Corp		1,009,310
	639,351	e	Cleveland-Cliffs, Inc		9,807,644
	398,079	*	Coeur Mining, Inc		3,602,615
	192,973		Commercial Metals Co		3,799,638
	55,176		Compass Minerals International, Inc		3,214,554
	89,817		Domtar Corp		2,691,816
	132,216	*	Ferro Corp		1,823,259
	69,112	*,†	Ferroglobe plc		0
	47,575	*	Forterra, Inc		870,623
	41,500		FutureFuel Corp		551,950
	38,744	*	Gatos Silver, Inc		511,808
	80,228	*	GCP Applied Technologies, Inc		1,988,852
	70,439		Glatfelter Corp		1,102,370
	110,132		Gold Resource Corp		310,572
	41,790		Greif, Inc (Class A)		1,887,236
	9,662		Greif, Inc (Class B)		441,553
	83,942		H.B. Fuller Co		4,271,808
	16,181		Hawkins, Inc		888,822
	22,259		Haynes International, Inc		516,186
	852,599		Hecla Mining Co		4,851,288
	67,159	*	Ingevity Corp		4,411,675
	40,487		Innospec, Inc		3,554,354
	15,883	*	Intrepid Potash, Inc		361,021
	25,423		Kaiser Aluminum Corp		2,204,174
	32,455	*	Koppers Holdings, Inc		1,080,102
	50,751	*	Kraton Corp		1,425,088
	35,257		Kronos Worldwide, Inc		499,239
	238,701	*	Livent Corp		4,349,132
	179,737		Louisiana-Pacific Corp		6,831,803
	135,131	*	Marrone Bio Innovations, Inc		224,318
	32,791		Materion Corp		2,236,018
	55,675		Minerals Technologies, Inc		3,431,250
	59,517		Myers Industries, Inc		1,193,316
	26,739		Neenah Inc		1,361,550
	381,207	*	Novagold Resources Inc		3,476,608

229

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	259,696		O-I Glass, Inc	$	3,282,558
	18,166		Olympic Steel, Inc		247,966
	96,147		Orion Engineered Carbons SA		1,464,319
	64,584	*	Pactiv Evergreen, Inc		912,572
	55,032		PQ Group Holdings, Inc		758,341
	21,734		Quaker Chemical Corp		5,697,133
	46,468	*	Ranpak Holdings Corp		805,755
	107,988	*	Rayonier Advanced Materials, Inc		747,277
	25,392	*	Ryerson Holding Corp		313,337
	40,648		Schnitzer Steel Industries, Inc (Class A)		1,199,929
	50,201		Schweitzer-Mauduit International, Inc		1,864,465
	69,197		Sensient Technologies Corp		4,880,464
	35,075		Stepan Co		3,952,251
	185,768	*	Summit Materials, Inc		3,813,817
	147,169		SunCoke Energy, Inc		725,543
	81,072	*	TimkenSteel Corp		407,792
	37,600	*	Trecora Resources		237,256
	41,483		Tredegar Corp		605,237
	62,672		Trinseo S.A.		3,185,618
	147,378		Tronox Holdings plc		2,262,252
	11,572	*	UFP Technologies, Inc		532,428
	3,243		United States Lime & Minerals, Inc		392,403
	355,059	e	United States Steel Corp		6,305,848
	25,631	*	US Concrete, Inc		1,135,197
	50,539		Verso Corp		581,199
	83,922		Warrior Met Coal, Inc		1,931,885
	58,913		Worthington Industries, Inc		3,083,506
			TOTAL MATERIALS		164,870,257
MEDIA & ENTERTAINMENT - 1.5%
	89,760		AMC Entertainment Holdings, Inc		1,190,218
	46,774	*,e	AMC Networks, Inc		2,311,571
	23,168	*	Boston Omaha Corp		632,486
	42,025	*	Cardlytics, Inc		5,138,397
	143,465	*	Cargurus, Inc		4,196,351
	110,859	*	Cars.com, Inc		1,287,073
	177,003	e	Cinemark Holdings, Inc		3,582,541
	95,556	*	comScore, Inc		304,824
	1,721	*	Daily Journal Corp		574,814
	73,841	*	DHI Group, Inc		184,602
	40,887		Emerald Holding, Inc		166,001
	169,137		Entercom Communications Corp (Class A)		786,487
	94,998		Entravision Communications Corp (Class A)		303,994
	242,946	*,e	Eros International plc		461,597
	107,987	*,e	Eventbrite Inc		1,927,568
	22,632	*	EverQuote Inc		1,019,798
	92,738		EW Scripps Co (Class A)		1,373,450
	66,765	*	Fluent, Inc		361,866
	21,658	*	Gaia, Inc		197,954
	115,916	*	Gannett Co, Inc		519,304
	233,320	*	Glu Mobile, Inc		2,055,549
	144,715	*	Gray Television, Inc		2,467,391
	28,671	*	Hemisphere Media Group, Inc		299,325
	95,690	*	iHeartMedia, Inc		1,391,333
	78,969	*	Imax Corp		1,492,514
	14,316	*	Liberty Braves Group (Class A)		391,686

230

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	59,670	*	Liberty Braves Group (Class C)	$	1,597,963
	118,933	*	Liberty TripAdvisor Holdings, Inc		485,247
	66,377	*,e	LiveXLive Media, Inc		252,896
	20,907		Loral Space & Communications, Inc		531,038
	44,049		Marcus Corp		775,262
	17,554	*	MediaAlpha, Inc		965,470
	65,100		Meredith Corp		1,427,643
	50,028	*	MSG Networks, Inc		863,984
	130,776		National CineMedia, Inc		544,682
	76,013	*	QuinStreet, Inc		1,609,195
	6,767		Saga Communications, Inc		152,257
	46,607		Scholastic Corp		1,201,062
	70,984		Sinclair Broadcast Group, Inc (Class A)		2,236,706
	39,366	*	TechTarget, Inc		2,940,640
	358,802		TEGNA, Inc		5,751,596
	29,996		Tribune Publishing Co		438,242
	177,249	*	TrueCar, Inc		794,075
	85,695	*	WideOpenWest, Inc		912,652
	117,932	*	Yelp, Inc		3,843,404
			TOTAL MEDIA & ENTERTAINMENT		61,942,708
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 13.7%
	10,486	*	89bio, Inc		212,866
	130,504	*	Abeona Therapeutics, Inc		249,263
	160,239	*,e	AcelRx Pharmaceuticals, Inc		352,526
	109,116	*,e	ADMA Biologics, Inc		242,238
	147,359	*	Adverum Biotechnologies, Inc		1,816,936
	67,104	*	Aeglea BioTherapeutics, Inc		466,373
	58,968	*	Aerie Pharmaceuticals, Inc		1,013,660
	140,989	*	Affimed NV		807,867
	243,776	*	Agenus, Inc		897,096
	109,474	*,e	Agile Therapeutics, Inc		308,717
	239,866	*	Akebia Therapeutics, Inc		777,166
	21,758	*	Akero Therapeutics, Inc		640,120
	23,545	*	Akouos, Inc		374,836
	27,735	*	Albireo Pharma, Inc		1,017,042
	116,754	*,†	Alder Biopharmaceuticals Inc		102,744
	76,643	*	Alector, Inc		1,290,668
	16,550	*	Aligos Therapeutics, Inc		466,213
	42,893	*	Allakos, Inc		5,718,924
	90,154	*	Allogene Therapeutics, Inc		3,128,344
	28,891	*	Allovir, Inc		1,056,544
	15,509	*	ALX Oncology Holdings, Inc		1,229,088
	421,664	*	Amicus Therapeutics, Inc		7,973,666
	158,849	*,e	Amneal Pharmaceuticals, Inc		764,064
	57,253	*	Amphastar Pharmaceuticals, Inc		1,040,860
	37,069	*	AnaptysBio, Inc		960,828
	84,579	*,e	Anavex Life Sciences Corp		531,156
	18,270	*	ANI Pharmaceuticals, Inc		521,426
	22,317	*	Anika Therapeutics, Inc		825,952
	25,525	*	Annexon, Inc		561,550
	97,483	*	Apellis Pharmaceuticals, Inc		4,315,572
	37,433	*	Applied Genetic Technologies Corp		147,486
	20,006	*	Applied Molecular Transport, Inc		701,210
	21,275	*	Applied Therapeutics, Inc		445,498
	11,833	*,e	Aprea Therapeutics, Inc		65,318

231

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	39,511	*,e	Aptinyx, Inc	$	137,498
	32,363	*,e	Aquestive Therapeutics, Inc		171,200
	19,481	*,e	Aravive Inc		102,275
	36,012	*,e	Arcturus Therapeutics Holdings, Inc		2,609,430
	68,964	*	Arcus Biosciences, Inc		2,395,120
	33,897	*	Arcutis Biotherapeutics, Inc		925,049
	116,656	*	Ardelyx, Inc		792,094
	94,822	*	Arena Pharmaceuticals, Inc		7,039,585
	162,716	*	Arrowhead Pharmaceuticals Inc		12,556,794
	55,818	*	Arvinas, Inc		4,210,910
	48,927	*	Assembly Biosciences, Inc		273,013
	120,116	*	Atara Biotherapeutics, Inc		2,217,341
	23,733	*	Atea Pharmaceuticals, Inc		1,732,509
	107,429	*	Athenex, Inc		1,404,097
	284,745	*,e	Athersys, Inc		550,982
	21,049	*	Athira Pharma, Inc		448,765
	45,284	*	Atreca, Inc		588,692
	11,127	*,e	Avenue Therapeutics, Inc		65,872
	37,834	*	AVEO Pharmaceuticals, Inc		300,024
	87,859	*	Avid Bioservices, Inc		1,281,863
	26,979	*	Avidity Biosciences, Inc		617,280
	49,269	*	Avrobio, Inc		705,039
	12,519	*	Axcella Health, Inc		68,103
	45,693	*	Axsome Therapeutics, Inc		3,111,236
	4,966	*,e	Aytu BioScience, Inc		35,457
	3,697	*,e	Aziyo Biologics, Inc		59,817
	65,269	*,e	Beam Therapeutics, Inc		6,293,890
	27,129	*	Beyondspring Inc		329,346
	287,385	*	BioCryst Pharmaceuticals, Inc		2,448,520
	164,801	*	BioDelivery Sciences International, Inc		634,484
	78,717	*	Biohaven Pharmaceutical Holding Co Ltd		6,708,263
	21,059	*	Bioxcel Therapeutics Inc		975,453
	29,063	*	Black Diamond Therapeutics, Inc		719,891
	90,518	*	Blueprint Medicines Corp		8,757,616
	48,554	*,e	BrainStorm Cell Therapeutics, Inc		293,266
	152,415	*,e	Bridgebio Pharma, Inc		8,651,078
	17,483	*	C4 Therapeutics, Inc		631,486
	20,442	*,e	Cabaletta Bio, Inc		266,359
	110,101	*	Calithera Biosciences, Inc		315,990
	15,056	*,e	Calyxt, Inc		133,697
	66,066	*,e	Cara Therapeutics, Inc		1,235,434
	78,293	*	CareDx, Inc		5,983,934
	122,975	*	CASI Pharmaceuticals, Inc		413,196
	53,622	*,e	Cassava Sciences, Inc		1,062,788
	29,040	*,e	Catabasis Pharmaceuticals, Inc		120,516
	28,274	*	Catalyst Biosciences, Inc		159,748
	158,496	*	Catalyst Pharmaceuticals, Inc		576,925
	18,869	*	Cellular Biomedicine Group, Inc		369,832
	50,358	*,e	CEL-SCI Corp		1,256,432
	6,654	*	Centogene NV		70,266
	60,276	*	Cerecor Inc		189,869
	11,574	*	Champions Oncology, Inc		127,083
	8,813	*	Checkmate Pharmaceuticals, Inc		137,923
	69,729	*,e	Checkpoint Therapeutics Inc		226,619
	82,211	*	ChemoCentryx, Inc		4,686,849
	81,833	*	Chiasma, Inc		324,059

232

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	80,213	*	Chimerix, Inc	$	680,206
	20,265	*	Chinook Therapeutics, Inc		287,155
	66,245	*	ChromaDex Corp		314,001
	53,598	*	Cidara Therapeutics, Inc		131,315
	133,313	*,e	Clovis Oncology, Inc		1,053,173
	84,639	*	Codexis, Inc		1,971,242
	9,141	*	Codiak Biosciences, Inc		218,287
	39,217	*	Cohbar, Inc		67,845
	93,151	*	Coherus Biosciences, Inc		1,751,239
	55,005	*	Collegium Pharmaceutical, Inc		1,327,821
	45,976	*	Concert Pharmaceuticals, Inc		481,369
	51,291	*	Constellation Pharmaceuticals, Inc		1,691,064
	36,361	*	ContraFect Corp		177,805
	106,951	*,e	Corbus Pharmaceuticals Holdings, Inc		195,720
	159,221	*	Corcept Therapeutics, Inc		4,499,585
	48,311	*,e	CorMedix Inc		422,721
	27,179	*,e	Cortexyme Inc		1,065,960
	43,166	*	Crinetics Pharmaceuticals, Inc		619,432
	44,155	*	Cue Biopharma, Inc		597,859
	116,466	*	Cymabay Therapeutics, Inc		623,093
	106,600	*,e	Cytokinetics, Inc		2,096,822
	73,221	*	CytomX Therapeutics, Inc		505,957
	61,586	*	Deciphera Pharmaceuticals, Inc		2,722,101
	102,856	*	Denali Therapeutics, Inc		7,045,636
	13,483	*,e	DermTech, Inc		552,533
	108,031	*	Dicerna Pharmaceuticals, Inc		2,427,457
	336,469	*	Durect Corp		693,126
	30,875	*,e	Dyadic International, Inc		171,974
	170,834	*,e	Dynavax Technologies Corp		1,077,963
	23,318	*	Dyne Therapeutics, Inc		450,737
	17,397	*	Eagle Pharmaceuticals, Inc		811,918
	102,509	*,e	Editas Medicine, Inc		6,288,927
	51,589	*	Eiger BioPharmaceuticals, Inc		495,770
	62,219	*,e	Eloxx Pharmaceuticals, Inc		214,033
	74,032	*	Emergent Biosolutions, Inc		7,910,319
	30,764	*	Enanta Pharmaceuticals, Inc		1,478,518
	358,053	*	Endo International plc		2,606,626
	21,446	*,e	Enochian Biosciences Inc		81,280
	146,537	*	Epizyme, Inc		1,604,580
	43,316	*,e	Esperion Thereapeutics, Inc		1,364,021
	24,617	*,e	Eton Pharmaceuticals, Inc		219,584
	35,082	*,e	Evelo Biosciences, Inc		615,689
	123,763	*,e	Evofem Biosciences Inc		325,497
	32,742	*,e	Evolus, Inc		221,336
	94,909	*	Exicure, Inc		202,156
	122,577	*	Fate Therapeutics, Inc		11,109,154
	35,027	*,e	Fennec Pharmaceuticals, Inc		252,194
	139,699	*	FibroGen, Inc		6,730,698
	51,282	*	Five Prime Therapeutics, Inc		857,435
	70,379	*,e	Flexion Therapeutics, Inc		856,512
	120,058	*	Fluidigm Corp		777,976
	11,807	*	Foghorn Therapeutics, Inc		194,816
	25,968	*	Forma Therapeutics Holdings, Inc		1,003,144
	127,759	*	Fortress Biotech, Inc		407,551
	40,345	*,e	Frequency Therapeutics, Inc		1,573,052
	18,759	*	Fulcrum Therapeutics, Inc		207,475

233

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	55,118	*	G1 Therapeutics, Inc	$	1,329,997
	70,721	*,e	Galectin Therapeutics, Inc		138,613
	14,027	*	Galera Therapeutics, Inc		157,663
	19,874	*	Generation Bio Co		523,282
	47,708	*,e	Genprex, Inc		213,255
	462,247	*,e	Geron Corp		822,800
	52,131	*	GlycoMimetics, Inc		189,236
	91,072	*	Gossamer Bio, Inc		919,827
	10,721	*	Graybug Vision, Inc		328,599
	44,732	*,e	Gritstone Oncology, Inc		809,649
	217,468	*	Halozyme Therapeutics, Inc		10,349,302
	10,157	*	Harmony Biosciences Holdings, Inc		364,230
	18,973	*	Harpoon Therapeutics, Inc		365,799
	36,542	*	Harrow Health, Inc		328,878
	60,379	*	Harvard Bioscience, Inc		280,159
	145,136	*	Heron Therapeutics, Inc		2,519,561
	54,223	*	Homology Medicines, Inc		658,809
	19,898	*,e	Hookipa Pharma, Inc		212,710
	296,463	*,e	iBio, Inc		474,341
	26,406	*	Ideaya Biosciences, Inc		464,217
	11,311	*,e	IGM Biosciences, Inc		1,078,391
	7,955	*,e	IMARA, Inc		103,574
	10,596	*	Immunic, Inc		175,470
	297,141	*	Immunogen, Inc		2,118,615
	61,318	*	Immunovant, Inc		2,393,242
	13,296	*	Inhibrx, Inc		421,483
	100,266	*	Innoviva, Inc		1,204,195
	260,017	*,e	Inovio Pharmaceuticals, Inc		3,315,217
	16,177	*	Inozyme Pharma, Inc		340,364
	164,409	*	Insmed, Inc		6,180,134
	81,934	*	Intellia Therapeutics, Inc		5,130,707
	41,601	*	Intercept Pharmaceuticals, Inc		1,466,019
	109,679	*	Intra-Cellular Therapies, Inc		3,526,180
	188,811	*,e	Invitae Corp		9,349,921
	264,568	*	Ironwood Pharmaceuticals, Inc		2,703,885
	15,970	*	iTeos Therapeutics, Inc		511,040
	129,151	*	IVERIC bio, Inc		679,334
	27,178	*	Jounce Therapeutics, Inc		307,111
	277,344	*	Kadmon Holdings, Inc		1,331,251
	63,369	*,e	Kala Pharmaceuticals, Inc		470,832
	17,986	*,e	Kaleido Biosciences Inc		268,891
	22,144	*	KalVista Pharmaceuticals Inc		336,589
	25,252	*	Karuna Therapeutics, Inc		2,505,756
	112,820	*,e	Karyopharm Therapeutics, Inc		1,718,249
	21,330	*	Keros Therapeutics, Inc		1,216,877
	48,241	*	Kezar Life Sciences, Inc		256,160
	69,781	*	Kindred Biosciences, Inc		348,905
	43,001	*	Kiniksa Pharmaceuticals Ltd		846,690
	52,020	*	Kodiak Sciences, Inc		6,570,646
	23,915	*	Kronos Bio, Inc		657,423
	21,732	*	Krystal Biotech Inc		1,514,720
	100,864	*	Kura Oncology, Inc		3,020,877
	16,487	*,e	Kymera Therapeutics, Inc		1,021,370
	34,153	*,e	La Jolla Pharmaceutical Co		209,016
	53,355	*,e	Lannett Co, Inc		413,501
	69,718	*,e	Lexicon Pharmaceuticals, Inc		551,469

234

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	23,168	*,e	Ligand Pharmaceuticals, Inc (Class B)	$	4,294,189
	26,916	*,e	Liquidia Technologies, Inc		73,750
	16,807	*	LogicBio Therapeutics, Inc		135,464
	68,243		Luminex Corp		1,916,946
	6,745	*	Lyra Therapeutics, Inc		71,295
	89,775	*	MacroGenics, Inc		1,835,001
	14,043	*,e	Madrigal Pharmaceuticals, Inc		1,667,747
	42,473	*	Magenta Therapeutics, Inc		375,461
	348,781	*	MannKind Corp		1,227,709
	40,606	*,e	Marinus Pharmaceuticals, Inc		504,733
	72,995	*,e	Marker Therapeutics Inc		140,150
	72,113	*,e	MediciNova, Inc		416,092
	45,325	*	Medpace Holdings, Inc		6,018,707
	173,968	*	MEI Pharma, Inc		561,917
	35,554	*	MeiraGTx Holdings plc		509,489
	87,138	*	Mersana Therapeutics, Inc		1,660,850
	10,906	*	Metacrine, Inc		106,115
	50,061	*	Minerva Neurosciences, Inc		159,695
	69,466	*	Mirati Therapeutics, Inc		14,263,454
	8,944	*	Mirum Pharmaceuticals, Inc		162,065
	46,970	*	Molecular Templates, Inc		537,807
	21,832	*,e	Morphic Holding, Inc		734,865
	82,910	*	Mustang Bio, Inc		345,735
	116,668	*	Myriad Genetics, Inc		3,214,203
	72,205	*	NanoString Technologies, Inc		5,056,516
	49,690	*,e	NantKwest, Inc		937,899
	123,732	*	Natera, Inc		13,194,780
	171,853	*	NeoGenomics, Inc		9,111,646
	55,602	*	Neoleukin Therapeutics, Inc		700,585
	27,677	*	Neubase Therapeutics, Inc		253,245
	7,879	*,e	NeuroBo Pharmaceuticals, Inc		40,340
	26,374	*	NextCure Inc		305,675
	37,573	*	NGM Biopharmaceuticals Inc		964,123
	26,307	*,e	Nkarta, Inc		1,043,336
	99,773	*,e	Novavax, Inc		22,043,847
	17,946	*	Nurix Therapeutics, Inc		652,875
	62,993	*,e	Nymox Pharmaceutical Corp		150,553
	112,229	*	Ocular Therapeutix, Inc		2,036,956
	20,943	*	Odonate Therapeutics, Inc		483,993
	95,054	*,e	Omeros Corp		1,849,751
	124,928	*,e	Oncocyte Corp		639,631
	10,863	*	Oncorus, Inc		241,702
	652,353	*,e	Opko Health, Inc		3,529,230
	76,970	*,e	Optinose, Inc		306,341
	34,821	*	Organogenesis Holdings Inc		364,228
	29,018	*	Orgenesis, Inc		188,907
	36,309	*	ORIC Pharmaceuticals, Inc		1,064,580
	18,496	*,e	Osmotica Pharmaceuticals plc		77,128
	68,485	*,e	Ovid therapeutics, Inc		192,443
	13,731	*,e	Oyster Point Pharma, Inc		257,731
	289,241	*	Pacific Biosciences of California, Inc		9,356,946
	69,512	*	Pacira BioSciences Inc		4,593,353
	16,518	*	Pandion Therapeutics, Inc		297,324
	82,391	*	Paratek Pharmaceuticals, Inc		534,718
	40,733	*	Passage Bio, Inc		760,078
	38,102	*	Personalis, Inc		1,465,784

235

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	37,966	*,e	PhaseBio Pharmaceuticals Inc	$	146,169
	17,898	*	Phathom Pharmaceuticals, Inc		689,073
	32,782		Phibro Animal Health Corp		679,899
	77,933	*	Pieris Pharmaceuticals, Inc		197,950
	16,919	*,e	Pliant Therapeutics, Inc		416,377
	22,349	*	PMV Pharmaceuticals, Inc		762,995
	22,428	*,e	Poseida Therapeutics, Inc		195,124
	18,051	*	Praxis Precision Medicines, Inc		918,615
	105,474	*	Precigen, Inc		896,529
	69,859	*	Precision BioSciences Inc		846,691
	15,020	*,e	Prelude Therapeutics, Inc		975,549
	81,060	*	Prestige Consumer Healthcare, Inc.		3,242,400
	137,717	*,†	Progenics Pharmaceuticals, Inc		0
	48,671	*	Protagonist Therapeutics, Inc		1,007,976
	8,040	*	Protara Therapeutics, Inc		144,559
	49,272	*	Prothena Corp plc		552,339
	76,530	*	Provention Bio, Inc		1,053,818
	102,450	*	PTC Therapeutics, Inc		5,923,659
	52,255	*	Puma Biotechnology, Inc		613,474
	33,798	*	Quanterix Corp		2,188,083
	73,857	*	Radius Health, Inc		1,381,126
	17,705	*	RAPT Therapeutics, Inc		352,684
	33,131	*	Recro Pharma, Inc		103,700
	54,287	*	REGENXBIO, Inc		2,243,682
	53,811	*	Relay Therapeutics, Inc		2,667,949
	25,154	*,e	Relmada Therapeutics, Inc		822,033
	38,919	*	Replimune Group, Inc		1,510,057
	105,740	*	Revance Therapeutics, Inc		2,690,026
	62,895	*	REVOLUTION Medicines, Inc		2,650,395
	54,037	*	Rhythm Pharmaceuticals, Inc		1,658,396
	290,839	*	Rigel Pharmaceuticals, Inc		1,058,654
	55,090	*	Rocket Pharmaceuticals, Inc		3,034,357
	69,886	*,e	Rubius Therapeutics, Inc		836,535
	189,249	*	Sangamo Therapeutics Inc		2,585,141
	15,016	*,e	Satsuma Pharmaceuticals, Inc		87,393
	41,858	*,e	Scholar Rock Holding Corp		2,497,248
	8,929	*	scPharmaceuticals, Inc		56,610
	108,559	*	Selecta Biosciences, Inc		434,236
	88,001	*	Seres Therapeutics, Inc		2,090,024
	21,444	*	Shattuck Labs, Inc		1,063,837
	96,294	*	SIGA Technologies, Inc		622,059
	53,975	*	Soleno Therapeutics, Inc		105,791
	39,671	*	Solid Biosciences, Inc		258,655
	409,580	*,e	Sorrento Therapeutics, Inc		5,185,283
	232,146	*	Spectrum Pharmaceuticals, Inc		833,404
	33,508	*,e	Spero Therapeutics, Inc		606,830
	39,303	*	SpringWorks Therapeutics, Inc		3,274,333
	11,422	*	Spruce Biosciences, Inc		236,778
	7,308	*	SQZ Biotechnologies Co		175,904
	20,305	*	Stoke Therapeutics, Inc		1,240,229
	52,657	*	Strongbridge Biopharma plc		142,174
	78,260	*	Supernus Pharmaceuticals, Inc		2,300,061
	41,755	*	Sutro Biopharma, Inc		924,873
	43,145	*	Syndax Pharmaceuticals, Inc		864,626
	66,295	*,e	Syros Pharmaceuticals, Inc		725,599
	10,088	*	Tarsus Pharmaceuticals, Inc		380,318

236

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	14,228	*	Taysha Gene Therapies, Inc	$	369,928
	40,853	*	TCR2 Therapeutics Inc		1,051,148
	188,575	*	TG Therapeutics, Inc		9,102,515
	402,116	*,e	TherapeuticsMD, Inc		663,491
	73,678	*	Theravance Biopharma, Inc		1,373,358
	111,709	*	Translate Bio, Inc		2,667,611
	78,645	*	Travere Therapeutics, Inc		1,985,786
	45,266	*	Tricida, Inc		297,850
	60,096	*	Turning Point Therapeutics Inc		7,541,447
	53,555	*	Twist Bioscience Corp		8,811,940
	89,629	*,e	Tyme Technologies, Inc		154,162
	102,377	*,e	Ultragenyx Pharmaceutical, Inc		14,188,428
	50,989	*,e	UNITY Biotechnology, Inc		304,659
	32,317	*,e	UroGen Pharma Ltd		713,236
	85,753	*	Vanda Pharmaceuticals, Inc		1,229,698
	84,317	*,e	Vaxart Inc		1,010,118
	29,791	*,e	Vaxcyte, Inc		730,773
	274,344	*,e	VBI Vaccines, Inc		894,361
	92,821	*	Veracyte, Inc		5,262,951
	279,575	*	Verastem, Inc		545,171
	75,990	*	Vericel Corp		3,136,107
	20,030	*,e	Verrica Pharmaceuticals, Inc		235,353
	33,280	*,e	Viela Bio, Inc		1,154,150
	106,890	*,e	Viking Therapeutics, Inc		781,366
	87,648	*,e	Vir Biotechnology, Inc		5,656,802
	38,785	*	Voyager Therapeutics, Inc		292,827
	30,865	*,e	vTv Therapeutics, Inc		62,965
	233,823	*,e	VYNE Therapeutics, Inc		462,970
	53,722	*	WaVe Life Sciences Ltd		546,353
	25,626	*,e	X4 Pharmaceuticals, Inc		200,139
	22,872	*,e	XBiotech, Inc		428,393
	91,829	*	Xencor, Inc		4,201,177
	72,369	*	Xeris Pharmaceuticals, Inc		367,635
	9,763	*,e	XOMA Corp		353,616
	50,618	*	Y-mAbs Therapeutics, Inc		2,126,462
	47,028	*	Zentalis Pharmaceuticals, Inc		1,804,464
	339,984	*,e	ZIOPHARM Oncology, Inc		1,261,341
	92,154	*	Zogenix, Inc		1,747,240
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		586,071,117
REAL ESTATE - 5.8%
	137,949		Acadia Realty Trust		2,000,260
	88,398		Agree Realty Corp		5,586,754
	120,806		Alexander & Baldwin, Inc		1,826,587
	3,267		Alexander’s, Inc		872,942
	10,895		Alpine Income Property Trust, Inc		168,001
	8,515	*	Altisource Portfolio Solutions S.A.		86,257
	83,236		American Assets Trust, Inc		2,299,811
	177,135		American Finance Trust, Inc		1,289,543
	2,523	*	American Realty Investors, Inc		21,773
	90,404		Armada Hoffler Properties, Inc		971,843
	36,499		Bluerock Residential Growth REIT, Inc		381,780
	58,137		Broadstone Net Lease, Inc		1,048,210
	15,565		Brt Realty Trust		217,599
	155,338		CareTrust REIT, Inc		3,488,891
	74,012		CatchMark Timber Trust, Inc		674,989

237

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	20,596		Centerspace	$	1,440,484
	74,176		Chatham Lodging Trust		794,425
	18,535		CIM Commercial Trust Corp		259,305
	68,862		City Office REIT, Inc		648,680
	24,541		Clipper Realty, Inc		172,032
	781,972		Colony Capital, Inc		3,878,581
	191,830		Columbia Property Trust, Inc		2,608,888
	34,205		Community Healthcare Trust, Inc		1,529,648
	61,306		CorePoint Lodging, Inc		417,494
	12,037		CTO Realty Growth, Inc		507,119
	178,838	*	Cushman & Wakefield plc		2,562,749
	329,913	*	DiamondRock Hospitality Co		2,705,287
	389,997		Diversified Healthcare Trust		1,567,788
	132,530		Easterly Government Properties, Inc		2,909,033
	63,362		EastGroup Properties, Inc		8,562,741
	170,144		Essential Properties Realty Trust, Inc		3,542,398
	40,213	*	eXp World Holdings Inc		4,286,304
	48,957		Farmland Partners, Inc		504,747
	8,537	*	Fathom Holdings, Inc		322,613
	26,897	*	Forestar Group, Inc		578,016
	116,940		Four Corners Property Trust, Inc		3,082,538
	166,358		Franklin Street Properties Corp		683,731
	10,641	*	FRP Holdings, Inc		459,585
	190,509		Geo Group, Inc		1,703,150
	55,902		Getty Realty Corp		1,485,316
	54,153		Gladstone Commercial Corp		959,050
	38,745		Gladstone Land Corp		609,846
	73,234		Global Medical REIT, Inc		918,354
	144,649		Global Net Lease, Inc		2,330,295
	217,550		Healthcare Realty Trust, Inc		6,528,675
	66,368		Hersha Hospitality Trust		507,051
	151,141		Independence Realty Trust, Inc		2,007,152
	4,142		Indus Realty Trust, Inc		263,970
	106,690		Industrial Logistics Properties Trust		2,262,895
	34,965		Innovative Industrial Properties, Inc		6,542,651
	116,981		iStar Inc		1,775,772
	198,712		Kennedy-Wilson Holdings, Inc		3,415,859
	134,935		Kite Realty Group Trust		2,150,864
	447,253		Lexington Realty Trust		4,584,343
	63,756		LTC Properties, Inc		2,463,532
	250,278		Macerich Co		3,929,365
	139,485		Mack-Cali Realty Corp		1,775,644
	37,359	*	Marcus & Millichap, Inc		1,334,837
	14,335	*	Maui Land & Pineapple Co, Inc		165,713
	156,026		Monmouth Real Estate Investment Corp (Class A)		2,703,931
	70,363		National Health Investors, Inc		4,562,337
	102,534		National Storage Affiliates Trust		3,746,592
	21,109		NETSTREIT Corp		363,708
	143,115		New Senior Investment Group, Inc		758,509
	243,813		Newmark Group, Inc		1,648,176
	34,862		NexPoint Residential Trust, Inc		1,376,003
	77,341		Office Properties Income Trust		1,789,671
	26,959		One Liberty Properties, Inc		540,258
	213,851		Pebblebrook Hotel Trust		3,930,581
	336,085		Physicians Realty Trust		5,925,179
	205,560		Piedmont Office Realty Trust, Inc		3,161,513

238

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	40,302		Plymouth Industrial REIT, Inc	$	590,021
	107,168		PotlatchDeltic Corp		5,118,344
	88,736		Preferred Apartment Communities, Inc		638,012
	32,890		PS Business Parks, Inc		4,476,987
	102,877		QTS Realty Trust, Inc		6,697,293
	14,630	*	Rafael Holdings, Inc		343,512
	28,655		Re/Max Holdings, Inc		1,037,884
	187,624	*	Realogy Holdings Corp		2,664,261
	161,646	*	Redfin Corp		11,510,812
	190,949		Retail Opportunities Investment Corp		2,690,471
	354,619		Retail Properties of America, Inc		3,266,041
	33,537		Retail Value, Inc		523,513
	266,137		RLJ Lodging Trust		3,435,829
	24,169		RMR Group, Inc		891,353
	122,235		RPT Realty		1,130,674
	82,465		Ryman Hospitality Properties		5,347,855
	336,509		Sabra Healthcare REIT, Inc		5,649,986
	29,029		Safehold, Inc		2,135,954
	19,029		Saul Centers, Inc		569,538
	58,305	*	Seritage Growth Properties		1,038,412
	274,265		Service Properties Trust		2,909,952
	253,437		SITE Centers Corp		2,810,616
	53,994		St. Joe Co		2,402,733
	245,156		STAG Industrial, Inc		7,305,649
	6,780	*	Stratus Properties, Inc		177,229
	163,286		Summit Hotel Properties, Inc		1,322,617
	355,118		Sunstone Hotel Investors, Inc		3,799,763
	147,976		Tanger Factory Outlet Centers, Inc		2,283,270
	40,658	*	Tejon Ranch Co		647,682
	107,483		Terreno Realty Corp		6,081,388
	1,971	*	Transcontinental Realty Investors, Inc		42,160
	63,335		UMH Properties, Inc		931,024
	313,991		Uniti Group, Inc		3,865,229
	20,674		Universal Health Realty Income Trust		1,233,824
	191,853		Urban Edge Properties		2,645,653
	45,289		Urstadt Biddle Properties, Inc (Class A)		626,347
	135,158		Washington REIT		2,965,366
	75,551		Whitestone REIT		589,298
	182,632		Xenia Hotels & Resorts, Inc		2,642,685
			TOTAL REAL ESTATE		248,219,455
RETAILING - 4.9%
	39,924	*	1-800-FLOWERS.COM, Inc (Class A)		1,226,865
	55,929	*	Aaron’s Co, Inc		947,437
	103,242		Abercrombie & Fitch Co (Class A)		2,381,793
	28,760	*,e	Academy Sports & Outdoors, Inc		618,340
	246,271	e	American Eagle Outfitters, Inc		5,587,889
	10,101	*	America’s Car-Mart, Inc		1,199,797
	31,447	*	Asbury Automotive Group, Inc		4,484,657
	88,286	*	At Home Group, Inc		2,151,530
	206,720	e	Bed Bath & Beyond, Inc		7,303,418
	62,264		Big Lots, Inc		3,715,915
	46,951	*	Boot Barn Holdings, Inc		2,687,475
	44,473		Buckle, Inc		1,748,678
	59,476		Caleres, Inc		898,682
	53,097		Camping World Holdings, Inc		1,813,793

239

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	55,928	*,e	CarParts.com, Inc	$	878,629
	34,028		Cato Corp (Class A)		386,898
	191,671		Chico’s FAS, Inc		423,593
	23,561	*,e	Children’s Place, Inc		1,731,027
	16,047		Citi Trends, Inc		946,773
	31,045	*	Conn’s, Inc		488,338
	29,322	*	Container Store Group, Inc		399,659
	71,551		Core-Mark Holding Co, Inc		2,194,469
	99,388		Designer Brands, Inc		1,217,503
	12,187		Dillard’s, Inc (Class A)		1,070,140
	20,914	*,e	Duluth Holdings, Inc		260,798
	17,689	*	Envela Corp		110,733
	96,450	*	Express Parent LLC		578,700
	34,348	*,e	Funko, Inc		410,459
	92,405	*	GameStop Corp (Class A)		30,031,625
	22,946	*	Genesco, Inc		890,534
	29,362	*,e	Greenlane Holdings Inc		129,780
	28,273		Group 1 Automotive, Inc		3,890,930
	38,412	*	Groupon, Inc		1,312,538
	58,983	*,e	GrowGeneration Corp		2,547,476
	65,179		Guess?, Inc		1,513,456
	28,941		Haverty Furniture Cos, Inc		946,081
	26,506	*	Hibbett Sports, Inc		1,496,264
	18,693	*	Lands’ End, Inc		516,114
	45,495	*	Liquidity Services, Inc		888,062
	42,264		Lithia Motors, Inc (Class A)		13,468,691
	46,886	*	Lumber Liquidators, Inc		1,310,933
	510,745	*	Macy’s, Inc		7,681,605
	175,803	*	Magnite, Inc		6,089,816
	34,654	*	MarineMax, Inc		1,449,577
	122,724	*	Michaels Cos, Inc		1,902,222
	53,268		Monro Muffler, Inc		3,114,580
	44,172		Murphy USA, Inc		5,502,506
	131,716	*	National Vision Holdings, Inc		6,107,671
	85,581	*	ODP Corp		3,653,453
	11,438	*	OneWater Marine, Inc		369,791
	70,101	*	Overstock.com, Inc		5,439,838
	30,325	e	PetMed Express, Inc		1,158,415
	136,743	*	Quotient Technology, Inc		1,211,543
	100,387	*	RealReal, Inc		2,377,164
	79,261		Rent-A-Center, Inc		3,432,001
	25,537	*	RH		12,139,268
	184,306	*,e	Sally Beauty Holdings, Inc		2,783,021
	15,076		Shoe Carnival, Inc		708,421
	35,649		Shutterstock, Inc		2,316,828
	84,540	*,e	Signet Jewelers Ltd		3,434,015
	44,410	*	Sleep Number Corp		4,784,733
	38,431	e	Sonic Automotive, Inc (Class A)		1,572,981
	66,748	*	Sportsman’s Warehouse Holdings, Inc		1,169,425
	27,817	*	Stamps.com, Inc		6,350,899
	98,757	*	Stitch Fix Inc		9,425,368
	36,474		Tilly’s, Inc		357,445
	111,692	*	Urban Outfitters, Inc		3,063,712
	149,720	*,e	Waitr Holdings Inc		530,009
	10,368		Weyco Group, Inc		178,952
	5,292		Winmark Corp		902,974

240

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	33,574	*	Zumiez, Inc	$	1,446,368
			TOTAL RETAILING		207,461,073
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.9%
	62,272	*	Advanced Energy Industries, Inc		6,387,862
	36,534	*	Alpha & Omega Semiconductor Ltd		1,049,987
	54,785	*	Ambarella, Inc		5,169,513
	160,617		Amkor Technology, Inc		2,492,776
	33,085	*,e	Atomera, Inc		950,201
	52,473	*	Axcelis Technologies, Inc		1,796,676
	67,772	*	AXT, Inc		700,085
	118,795		Brooks Automation, Inc		8,999,909
	34,557	*	Ceva, Inc		2,031,606
	16	*,†	China Energy Savings Technology, Inc		0
	46,805		CMC Materials, Inc		6,894,845
	66,574		Cohu, Inc		2,708,230
	11,110	*	CyberOptics Corp		268,751
	68,572	*	Diodes, Inc		4,853,526
	35,872	*	DSP Group, Inc		578,615
	123,577	*	Formfactor, Inc		5,050,592
	22,115	*	GSI Technology, Inc		158,786
	36,068	*	Ichor Holdings Ltd		1,302,055
	26,883	*,e	Impinj, Inc		1,423,992
	220,200	*	Lattice Semiconductor Corp		8,832,222
	76,821	*	MACOM Technology Solutions Holdings, Inc		4,368,042
	15,554	*,e	Maxeon Solar Technologies Ltd		631,492
	111,970	*	MaxLinear, Inc		3,514,738
	77,021	*	Nanometrics, Inc		4,162,985
	77,072	*	NeoPhotonics Corp Ltd		858,582
	9,099		NVE Corp		581,335
	46,492	*	PDF Solutions, Inc		898,225
	101,378	*	Photronics, Inc		1,125,296
	60,732	*	Pixelworks, Inc		185,840
	96,700		Power Integrations, Inc		7,789,185
	185,455	*	Rambus, Inc		3,522,718
	105,980	*	Semtech Corp		7,519,281
	70,895	*	Silicon Laboratories, Inc		9,299,297
	15,178	*	SiTime Corp		1,852,475
	23,200	*	SMART Global Holdings, Inc		861,880
	121,753	*,e	SunPower Corp		6,575,880
	56,404	*	Synaptics, Inc		5,596,405
	65,087	*	Ultra Clean Holdings		2,512,358
	82,030	*	Veeco Instruments, Inc		1,514,274
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		125,020,517
SOFTWARE & SERVICES - 7.7%
	172,067	*	8x8, Inc		6,065,362
	98,299	*	A10 Networks, Inc		976,109
	187,658	*	ACI Worldwide, Inc		7,204,191
	29,197	*	Agilysys, Inc		1,074,158
	77,930	*	Alarm.com Holdings, Inc		7,241,256
	70,784	*,e	Altair Engineering, Inc		3,958,949
	47,226		American Software, Inc (Class A)		907,211
	26,652	*	Appfolio, Inc		4,072,692
	57,442	*,e	Appian Corp		12,548,779
	21,628	*	Asure Software, Inc		176,917

241

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	135,250	*	Avaya Holdings Corp	$	3,007,960
	46,182	*	Benefitfocus, Inc		568,039
	81,916		Blackbaud, Inc		5,446,595
	83,167	*	Blackline, Inc		10,780,107
	7,149	*,h	BM Technologies, Inc		103,518
	71,846	*	Bottomline Technologies, Inc		3,432,802
	229,921	*	Box, Inc		3,986,830
	65,364	*	Brightcove, Inc		1,075,238
	59,108	*	Cardtronics plc		2,296,346
	22,628		Cass Information Systems, Inc		918,697
	59,082	*	Cerence Inc		6,611,867
	47,643	*	ChannelAdvisor Corp		976,681
	333,836	*	Cloudera, Inc		5,097,676
	69,276	*	Commvault Systems, Inc		4,349,147
	279,960	*	Conduent, Inc		1,349,407
	100,705	*	Cornerstone OnDemand, Inc		4,118,834
	54,069		CSG Systems International, Inc		2,329,833
	19,558	*,e	Digimarc Corp		760,024
	137,242	*	Digital Turbine, Inc		7,851,615
	42,619	*	Domo, Inc		2,701,618
	42,074		Ebix, Inc		2,190,793
	37,794	*	eGain Corp		415,734
	106,507	*	Endurance International Group Holdings, Inc		1,009,686
	85,580	*	Envestnet, Inc		6,566,553
	98,039		EVERTEC, Inc		3,401,953
	65,607	*	Evo Payments, Inc		1,506,337
	54,091	*	ExlService Holdings, Inc		4,147,698
	99,322	*	GreenSky, Inc		489,657
	34,749	*	Grid Dynamics Holdings, Inc		451,737
	51,998	*,e	GTT Communications, Inc		241,791
	78,822	*	GTY Technology Holdings Inc		592,741
	41,876		Hackett Group, Inc		570,351
	30,347	*	I3 Verticals, Inc		880,670
	77,784	*	Information Services Group, Inc		274,578
	12,668	*,e	Intelligent Systems Corp		512,927
	50,998		InterDigital, Inc		3,274,582
	46,797	*	International Money Express Inc		668,261
	70,927	*	j2 Global, Inc		7,279,947
	229,619		KBR, Inc		6,670,432
	200,881	*	Limelight Networks, Inc		915,013
	102,201	*	Liveperson, Inc		6,475,455
	105,208	*	LiveRamp Holdings, Inc		7,965,298
	44,169		Mantech International Corp (Class A)		3,961,518
	98,671		MAXIMUS, Inc		7,406,245
	11,971	*	MicroStrategy, Inc (Class A)		7,389,818
	92,734	*	Mimecast Ltd		3,993,126
	66,776	*	Mitek Systems, Inc		1,078,432
	54,753	*	Model N, Inc		1,860,507
	98,832	*	MoneyGram International, Inc		758,041
	107,856		NIC, Inc		2,903,484
	53,118	*	OneSpan, Inc		1,238,712
	19,678	*	Park City Group, Inc		118,855
	49,246	*,e	Paysign Inc		230,471
	53,928	*	Perficient, Inc		2,945,008
	227,931		Perspecta, Inc		6,598,602
	22,038	*	PFSweb, Inc		151,401

242

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	58,836	*	Ping Identity Holding Corp	$	1,759,785
	9,815	*	Priority Technology Holdings Inc		76,950
	74,428		Progress Software Corp		2,990,517
	63,137	*	PROS Holdings, Inc		2,660,593
	82,336	*	Q2 Holdings, Inc		10,538,185
	20,367		QAD, Inc (Class A)		1,319,578
	55,677	*	Qualys, Inc		7,709,594
	54,526	*,e	Rackspace Technology, Inc		1,260,096
	83,527	*	Rapid7, Inc		7,251,814
	97,564	*	Repay Holdings Corp		2,161,043
	28,270	*	Rimini Street, Inc		199,303
	144,208	*	SailPoint Technologies Holding, Inc		7,976,144
	44,935		Sapiens International Corp NV		1,467,577
	47,717	*	Seachange International, Inc		56,306
	13,501	*	SecureWorks Corp		186,854
	139,051	*	ServiceSource International LLC		218,310
	14,412	*,e	ShotSpotter, Inc		662,808
	53,444	*	Smith Micro Software, Inc		339,904
	46,056	*	Sprout Social, Inc		3,039,696
	57,195	*	SPS Commerce, Inc		5,656,014
	39,485	*	StarTek, Inc		345,099
	23,304	*,e	Sumo Logic, Inc		801,891
	200,693	*	SVMK, Inc		5,059,471
	62,722	*	Sykes Enterprises, Inc		2,420,442
	65,367	*	Synchronoss Technologies, Inc		329,450
	51,965	*	TeleNav, Inc		247,353
	115,419	*	Tenable Holdings, Inc		5,712,086
	28,209		TTEC Holdings, Inc		2,132,036
	16,203	*,e	Tucows, Inc		1,294,620
	99,942	*	Unisys Corp		2,387,614
	41,821	*	Upland Software, Inc		1,994,443
	51,018	*	Varonis Systems, Inc		9,018,452
	106,410	*	Verint Systems, Inc		7,856,250
	36,684	*	Veritone, Inc		1,440,581
	223,905	*	Verra Mobility Corp		2,865,984
	106,522	e	VirnetX Holding Corp		644,458
	46,931	*	Virtusa Corp		2,395,828
	64,787	*	Workiva, Inc		6,314,789
	170,912		Xperi Holding Corp		3,291,765
	167,343	*	Yext, Inc		2,823,076
	92,357	*	Zix Corp		752,710
	164,610	*	Zuora Inc		2,427,997
			TOTAL SOFTWARE & SERVICES		329,212,338
TECHNOLOGY HARDWARE & EQUIPMENT - 3.3%
	200,310	*,e	3D Systems Corp		7,119,017
	61,900	*	Acacia Communications, Inc		7,081,360
	79,951		Adtran, Inc		1,375,157
	49,085	*	Akoustis Technologies, Inc		740,202
	37,079	*,e	Applied Optoelectronics, Inc		408,240
	134,762	*	Arlo Technologies, Inc		1,133,348
	50,282	*	Avid Technology, Inc		856,805
	47,495		Badger Meter, Inc		4,355,766
	16,559		Bel Fuse, Inc (Class B)		241,430
	71,214		Belden CDT, Inc		3,364,149
	58,864		Benchmark Electronics, Inc		1,491,025

243

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	55,850	*	CalAmp Corp	$	559,059
	85,737	*	Calix, Inc		2,589,257
	8,984	*	Cambium Networks Corp		330,162
	50,054	*	Casa Systems, Inc		385,916
	18,621	*	Clearfield, Inc		583,210
	36,907		Comtech Telecommunications Corp		787,595
	37,169	*	Corsair Gaming, Inc		1,404,245
	52,925		CTS Corp		1,614,213
	55,737		Daktronics, Inc		267,538
	115,566	*	Diebold, Inc		1,578,632
	49,806	*	Digi International, Inc		919,917
	23,195	*	DZS, Inc		357,203
	24,822	*,e	Eastman Kodak Co		238,043
	22,378	*	ePlus, Inc		1,880,647
	203,939	*	Extreme Networks, Inc		1,649,867
	59,949	*	Fabrinet		4,732,374
	28,537	*	FARO Technologies, Inc		2,013,856
	52,692	*	Genasys, Inc		392,028
	151,436	*	Harmonic, Inc		1,175,143
	167,219	*	II-VI, Inc		14,058,101
	28,576	*	Immersion Corp		361,486
	264,606	*	Infinera Corp		2,606,369
	109,976	*	Inseego Corp		2,019,159
	56,512	*	Insight Enterprises, Inc		4,300,563
	35,797	*,e	Intellicheck, Inc		414,529
	37,124	*	Intevac, Inc		248,731
	60,654	*	Iteris, Inc		394,858
	65,622	*	Itron, Inc		5,644,804
	36,276	*	Kimball Electronics, Inc		695,411
	149,109	*	Knowles Corp		2,876,313
	25,893	*	KVH Industries, Inc		323,921
	46,474	*	Luna Innovations, Inc		494,019
	61,818		Methode Electronics, Inc		2,333,630
	31,027		MTS Systems Corp		1,816,321
	20,217	*	Napco Security Technologies, Inc		524,025
	47,918	*	Netgear, Inc		1,983,326
	112,563	*	Netscout Systems, Inc		3,290,779
	55,922	*	nLight, Inc		1,771,609
	55,209	*	Novanta, Inc		6,896,708
	27,160	*	OSI Systems, Inc		2,444,943
	31,158	*,e	PAR Technology Corp		1,939,897
	16,582		PC Connection, Inc		814,010
	28,122		PC-Tel, Inc		206,978
	56,183		Plantronics, Inc		1,782,125
	47,585	*	Plexus Corp		3,660,238
	43,785	*	Powerfleet, Inc		310,874
	46,851	*	Quantum Corp		334,048
	42,424	*,e	Research Frontiers, Inc		172,029
	79,331	*,e	Resonant, Inc		449,807
	111,945	*	Ribbon Communications, Inc		818,318
	30,424	*	Rogers Corp		4,748,274
	104,753	*	Sanmina Corp		3,257,818
	40,648	*	Scansource, Inc		983,275
	72,591	*	Super Micro Computer, Inc		2,250,321
	160,989	*	TTM Technologies, Inc		2,158,863
	373,880	*	Viavi Solutions, Inc		5,776,446
	216,972		Vishay Intertechnology, Inc		4,675,747

244

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	23,425	*	Vishay Precision Group, Inc	$	749,366
	18,866	*,e	Wrap Technologies Inc		104,895
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		142,318,338
TELECOMMUNICATION SERVICES - 0.9%
	80,292		Alaska Communications Systems Group, Inc		263,358
	17,451	*	Anterix, Inc		633,122
	18,247		ATN International, Inc		787,905
	31,387	*	Bandwidth Inc		5,591,280
	71,531	*	Boingo Wireless, Inc		825,468
	80,048	*	Cincinnati Bell, Inc		1,219,932
	70,390		Cogent Communications Group, Inc		4,008,711
	120,307	*	Consolidated Communications Holdings, Inc		734,474
	88,669	*,e	Gogo, Inc		1,188,165
	24,167	*	IDT Corp (Class B)		339,063
	192,343	*	Iridium Communications, Inc		9,476,740
	72,105	*	Liberty Latin America Ltd (Class A)		727,539
	257,030	*	Liberty Latin America Ltd (Class C)		2,542,027
	38,318	*	Ooma, Inc		516,143
	130,329	*	ORBCOMM, Inc		976,164
	79,916		Shenandoah Telecom Co		3,106,335
	31,498		Spok Holdings, Inc		350,258
	383,688	*	Vonage Holdings Corp		4,788,426
			TOTAL TELECOMMUNICATION SERVICES		38,075,110
TRANSPORTATION - 1.3%
	97,037	*	Air Transport Services Group, Inc		2,465,710
	21,265		Allegiant Travel Co		3,859,385
	41,798		ArcBest Corp		1,937,337
	40,039	*	Atlas Air Worldwide Holdings, Inc		2,074,821
	87,205	*	Avis Budget Group, Inc		3,605,055
	78,992		Costamare, Inc		631,936
	19,684	*	Covenant Transportation Group, Inc		297,032
	73,485	*	Daseke, Inc		386,531
	10,195	*,e	Eagle Bulk Shipping, Inc		199,516
	41,363	*	Echo Global Logistics, Inc		1,089,088
	44,880		Forward Air Corp		3,217,447
	34,315		Genco Shipping & Trading Ltd		271,432
	72,314		Hawaiian Holdings, Inc		1,415,185
	82,238		Heartland Express, Inc		1,543,607
	53,359	*	Hub Group, Inc (Class A)		2,808,284
	98,713		Marten Transport Ltd		1,564,601
	69,652		Matson, Inc		4,165,190
	48,300	*	Mesa Air Group, Inc		315,399
	2,640	*	PAM Transportation Services, Inc		136,356
	76,137	*	Radiant Logistics, Inc		441,595
	73,761	*	Safe Bulkers, Inc		128,344
	42,514	*	Saia, Inc		7,514,349
	14,961		Scorpio Bulkers, Inc		241,022
	30,575	*	SEACOR Holdings, Inc		1,276,200
	81,906		Skywest, Inc		3,193,515
	160,753	*,e	Spirit Airlines, Inc		4,169,933
	11,955		Universal Logistics Holdings Inc		253,446
	37,863	*	US Xpress Enterprises, Inc		255,575
	98,902		Werner Enterprises, Inc		3,880,914
			TOTAL TRANSPORTATION		53,338,805

245

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
UTILITIES - 2.8%
	85,227		Allete, Inc	$	5,355,665
	60,168		American States Water Co		4,648,580
	13,672		Artesian Resources Corp		558,911
	166,433	*	Atlantic Power Corp		492,642
	111,614		Avista Corp		4,183,293
	103,206		Black Hills Corp		6,101,539
	51,887	e	Brookfield Infrastructure Corp		3,480,580
	165,697		Brookfield Renewable Corp		9,270,747
	32,021	*,e	Cadiz, Inc		357,354
	80,533		California Water Service Group		4,400,323
	28,037		Chesapeake Utilities Corp		2,843,793
	53,368		Clearway Energy, Inc (Class A)		1,538,600
	130,556		Clearway Energy, Inc (Class C)		4,044,625
	21,344		Consolidated Water Co, Inc		270,429
	25,526		Genie Energy Ltd		188,382
	17,733		Global Water Resources, Inc		284,969
	59,451		MGE Energy, Inc		3,785,840
	27,552		Middlesex Water Co		2,193,139
	155,928		New Jersey Resources Corp		5,459,039
	48,534		Northwest Natural Holding Co		2,267,023
	82,882		NorthWestern Corp		4,514,583
	84,548		ONE Gas, Inc		6,182,995
	65,423		Ormat Technologies, Inc		7,468,690
	65,377		Otter Tail Corp		2,594,813
	127,847		PNM Resources, Inc		6,203,136
	147,579		Portland General Electric Co		6,241,116
	29,806	*	Pure Cycle Corp		318,030
	13,938		RGC Resources, Inc		313,744
	43,096		SJW Corp		2,851,662
	167,066		South Jersey Industries, Inc		3,859,225
	91,718		Southwest Gas Holdings Inc		5,499,411
	20,201	e	Spark Energy, Inc		221,605
	82,123		Spire, Inc		5,025,106
	86,195	*	Sunnova Energy International, Inc		3,779,651
	23,438		Unitil Corp		955,567
	22,273		York Water Co		967,539
			TOTAL UTILITIES		118,722,346
			TOTAL COMMON STOCKS		4,260,429,276
			(Cost $2,806,417,910)
RIGHTS / WARRANTS - 0.0%
ENERGY - 0.0%
	4,137		Whiting Petroleum Corp (Expires 09/01/24)		5,750
	2,068		Whiting Petroleum Corp (Expires 09/01/25)		3,185
			TOTAL ENERGY		8,935
HEALTH CARE EQUIPMENT & SERVICES - 0.0%
	495		Pulse Biosciences, Inc (Expires 05/14/25)		0
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		0

246

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY				VALUE
MEDIA & ENTERTAINMENT - 0.0%
	122,474	†	Media General, Inc				$	0
			TOTAL MEDIA & ENTERTAINMENT					0
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	20,265	†	Chinook Therapeutics, Inc					0
	5,149	†	Omthera Pharmaceuticals, Inc					3,089
	9,351	†	Tobira Therapeutics, Inc					561
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES					3,650
			TOTAL RIGHTS / WARRANTS					12,585
			(Cost $561)
				RATE
SHORT-TERM INVESTMENTS - 3.4%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 3.4%
	143,525,851	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060	%		143,525,851
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					143,525,851
			TOTAL SHORT-TERM INVESTMENTS					143,525,851
			(Cost $143,525,851)
			TOTAL INVESTMENTS - 103.3%					4,403,967,712
			(Cost $2,949,944,322)
			OTHER ASSETS & LIABILITIES, NET - (3.3)%					(140,122,952	)
			NET ASSETS - 100.0%				$	4,263,844,760
			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 $219,514,591.
		g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/2021, the aggregate value of these securities is $4,081,313 or 0.1% of net assets.
		h	All or a portion of these securities were purchased on a delayed delivery basis.

247

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 100.0%
	ARGENTINA - 0.1%
	19,546	*	Globant S.A.	$	3,752,832
	47,900	e	Telecom Argentina S.A. (ADR) (Class B)		310,392
	58,000	*	YPF S.A. (ADR) (Class D)		211,700
			TOTAL ARGENTINA		4,274,924
BRAZIL - 4.5%
	91,800		Alpargatas S.A.		651,664
	2,422,497		AMBEV S.A.		6,690,048
	168,800		Atacadao Distribuicao Comercio e Industria Ltd		587,409
	105,275	*	B2W Companhia Global Do Varejo		1,583,916
	1,065,982		B3 SA-Brasil Bolsa Balcao		11,650,715
	573,724		Banco Bradesco S.A.		2,269,143
	2,272,665		Banco Bradesco S.A. (Preference)		10,276,297
	118,100		Banco BTG Pactual S.A. - Unit		2,051,651
	438,283		Banco do Brasil S.A.		2,712,334
	2,484,853		Banco Itau Holding Financeira S.A.		12,870,698
	215,674		Banco Santander Brasil S.A.		1,547,568
	324,248		BB Seguridade Participacoes S.A.		1,639,196
	111,600		Bradespar S.A.		1,275,015
	298,505	*	BRF S.A.		1,157,707
	169,325		Centrais Eletricas Brasileiras S.A.		887,878
	113,992		Centrais Eletricas Brasileiras S.A. (Preference)		598,774
	84,357		Cia Brasileira de Distribuicao		1,163,736
	471,456		Cia de Concessoes Rodoviarias		1,044,348
	160,658		Cia de Saneamento Basico do Estado de Sao Paulo		1,200,075
	555,225		Cia Energetica de Minas Gerais		1,390,244
	54,700		Cia Paranaense de Energia		652,633
	364,430		Cia Siderurgica Nacional S.A.		2,024,833
	72,036		Cosan SA Industria e Comercio		988,234
	119,600		CPFL Energia S.A.		680,037
	93,600		Energisa S.A.		842,527
	119,825		Engie Brasil Energia S.A.		940,834
	497,900		Equatorial Energia S.A.		2,049,331
	528,875		Gerdau S.A. (Preference)		2,247,385
	591,500	g	Hapvida Participacoes e Investimentos S.A.		1,856,208
	197,082		Hypermarcas S.A.		1,163,099
	2,300,832		Investimentos Itau S.A. - PR		4,461,715
	572,664		JBS S.A.		2,530,799
	361,733		Klabin S.A.		1,857,787
	318,206		Localiza Rent A Car		3,715,137
	478,688		Lojas Americanas S.A. (Preference)		2,107,613
	392,139		Lojas Renner S.A.		2,972,183
	1,485,960		Magazine Luiza S.A.		6,862,998
	130,107		Multiplan Empreendimentos Imobiliarios S.A.		504,125
	467,119	*	Natura & Co Holding S.A.		4,188,482

248

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	269,499		Notre Dame Intermedica Participacoes S.A.	$	4,654,687
	376,027		Petrobras Distribuidora S.A.		1,598,565
	1,989,516		Petroleo Brasileiro S.A.		9,937,762
	2,533,168		Petroleo Brasileiro S.A. (Preference)		12,357,030
	563,915		Raia Drogasil S.A.		2,568,403
	634,227	*	Rumo S.A.		2,353,110
	135,623		Sul America S.A.		989,276
	391,920	*	Suzano Papel e Celulose S.A.		4,444,683
	234,521		Telefonica Brasil S.A.		1,937,411
	416,266		TIM S.A.		1,011,869
	249,000		Totvus S.A.		1,292,466
	390,860		Ultrapar Participacoes S.A.		1,555,896
	1,904,359		Vale S.A.		30,611,612
	622,900	*	Via Varejo S.A.		1,672,406
	439,917		Weg S.A.		6,736,968
			TOTAL BRAZIL		189,616,520
CHILE - 0.5%
	22,254,220		Banco de Chile		2,267,497
	24,128		Banco de Credito e Inversiones		1,011,339
	33,869,125		Banco Santander Chile S.A.		1,714,368
	147,292		Cencosud Shopping S.A.		212,957
	749,568		Centros Comerciales Sudamericanos S.A.		1,300,447
	53,986		Cia Cervecerias Unidas S.A.		442,285
	3,490,151		Colbun S.A.		601,791
	207,594		Embotelladora Andina S.A.		525,476
	634,055		Empresas CMPC S.A.		1,695,565
	212,005		Empresas COPEC S.A.		2,225,853
	13,069,567		Enersis Chile S.A.		946,970
	17,886,687		Enersis S.A.		2,690,026
	394,553		SACI Falabella		1,350,325
	62,980		Sociedad Quimica y Minera de Chile S.A. (Class B)		3,189,683
			TOTAL CHILE		20,174,582
CHINA - 39.0%
	148,600		360 Security Technology, Inc		372,950
	651,500	*,g	3SBio, Inc		605,636
	14,033	*	51job, Inc (ADR)		924,213
	481,500	e	AAC Technologies Holdings, Inc		2,610,942
	15,200		Accelink Technologies Co Ltd		60,627
	41,900		Addsino Co Ltd		160,501
	38,500		AECC Aero-Engine Control Co Ltd		124,766
	90,500		AECC Aviation Power Co Ltd		832,740
	682,000		Agile Property Holdings Ltd		847,429
	15,188,064		Agricultural Bank of China Ltd		5,476,526
	1,475,800		Agricultural Bank of China Ltd (Class A)		718,559
	109,148		Aier Eye Hospital Group Co Ltd		1,326,648
	130,490		Air China Ltd		144,920
	962,000		Air China Ltd (H shares)		665,681
	66,000		Airtac International Group		2,348,224
	214,000	g	AK Medical Holdings Ltd		383,793
	972,065	*	Alibaba Group Holding Ltd (ADR)		246,739,259
	2,170,284	*	Alibaba Health Information Technology Ltd		6,766,021
	234,500	g	A-Living Services Co Ltd		1,018,458

249

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	3,202,000	*	Aluminum Corp of China Ltd	$	971,246
	164,400	*	Aluminum Corp of China Ltd (Class A)		81,132
	22,700		Angel Yeast Co Ltd		184,372
	650,282		Anhui Conch Cement Co Ltd		3,841,752
	130,000		Anhui Conch Cement Co Ltd (Class A)		1,011,365
	58,400		Anhui Gujing Distillery Co Ltd		875,745
	10,500		Anhui Gujing Distillery Co Ltd (Class A)		395,576
	17,100		Anhui Kouzi Distillery Co Ltd		168,698
	559,651		Anta Sports Products Ltd		9,216,632
	35,100		Apeloa Pharmaceutical Co Ltd		121,988
	5,800		Asymchem Laboratories Tianjin Co Ltd		262,729
	6,800		Autobio Diagnostics Co Ltd		138,924
	30,700		Autohome, Inc (ADR)		3,384,061
	70,700		AVIC Aircraft Co Ltd		339,722
	294,858		Avic Capital Co Ltd		187,055
	90,600		AVIC Electromechanical Systems Co Ltd		159,438
	23,800		AVIC Jonhon Optronic Technology Co Ltd		255,150
	47,400		AVIC Shenyang Aircraft Co Ltd		562,882
	1,054,861		AviChina Industry & Technology Co		788,653
	14,700		AVICOPTER plc		127,133
	142,389	*	Baidu, Inc (ADR)		33,464,263
	649,400		Bank of Beijing Co Ltd		474,808
	155,305		Bank of Chengdu Co Ltd		249,854
	1,165,700		Bank of China Ltd		571,248
	42,849,953		Bank of China Ltd (Hong Kong)		14,504,018
	1,382,800		Bank of Communications Co Ltd		953,375
	4,762,934		Bank of Communications Co Ltd (Hong Kong)		2,575,464
	195,500		Bank of Hangzhou Co Ltd		443,888
	407,810		Bank of Jiangsu Co Ltd		347,806
	422,900		Bank of Nanjing Co Ltd		522,663
	150,971		Bank of Ningbo Co Ltd		897,149
	385,390		Bank of Shanghai Co Ltd		482,702
	566,200		Baoshan Iron & Steel Co Ltd		573,693
	30,064	*,e	Baozun, Inc (ADR)		1,232,323
	155,900		BBMG Corp		65,515
	23,500	*	BeiGene Ltd (ADR)		7,520,000
	16,100	*	Beijing BDStar Navigation Co Ltd		112,309
	902,830		Beijing Capital International Airport Co Ltd		693,953
	132,200		Beijing Dabeinong Technology Group Co Ltd		189,242
	16,920		Beijing E-Hualu Information Technology Co Ltd		71,567
	67,700		Beijing Enlight Media Co Ltd		136,829
	299,000		Beijing Enterprises Holdings Ltd		977,376
	2,887,583		Beijing Enterprises Water Group Ltd		1,172,602
	38,900		Beijing Kunlun Tech Co Ltd		143,801
	49,500		Beijing New Building Materials plc		390,482
	57,450		Beijing Oriental Yuhong Waterproof Technology Co Ltd		429,569
	202,800		Beijing Originwater Technology Co Ltd		226,352
	20,300		Beijing Shiji Information Technology Co Ltd		104,688
	21,000		Beijing Shunxin Agriculture Co Ltd		214,210
	35,100		Beijing Sinnet Technology Co Ltd		88,827
	18,500		Beijing Thunisoft Corp Ltd		55,972
	37,320		Beijing Tiantan Biological Products Corp Ltd		221,961
	93,500		Beijing Yanjing Brewery Co Ltd		94,815
	368,300		Beijing-Shanghai High Speed Railway Co Ltd		306,828

250

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	11,900		Betta Pharmaceuticals Co Ltd	$	236,694
	16,700		BGI Genomics Co Ltd		358,304
	64,800	*	Bilibili, Inc (ADR)		7,380,072
	954,600		BOE Technology Group Co Ltd		908,702
	1,668,000		Bosideng International Holdings Ltd		737,535
	1,671,945		Brilliance China Automotive Holdings Ltd		1,307,159
	57,100		BYD Co Ltd		2,162,556
	328,500	e	BYD Co Ltd (H shares)		9,921,885
	417,500	e	BYD Electronic International Co Ltd		2,875,387
	51,300		By-health Co Ltd		175,925
	39,900		C&S Paper Co Ltd		144,457
	150,500		Caitong Securities Co Ltd		254,095
	48,800	*,e,g	CanSino Biologics, Inc		1,587,667
	6,068,200	g	CGN Power Co Ltd		1,305,228
	15,300		Chacha Food Co Ltd		147,171
	13,400		Changchun High & New Technology Industry Group, Inc		941,041
	183,100		Changjiang Securities Co Ltd		218,429
	816,600		Changsha Zoomlion Heavy Industry Science and Technology Development Co Ltd		1,115,911
	5,100		Changzhou Xingyu Automotive Lighting Systems Co Ltd		168,496
	69,900		Chaozhou Three-Circle Group Co Ltd		420,787
	18,500		Chengdu Kanghong Pharmaceutical Group Co Ltd		116,212
	55,800	*	Chifeng Jilong Gold Mining Co Ltd		139,860
	658,000		China Aoyuan Group Ltd		578,894
	17,100		China Avionics Systems Co Ltd		48,361
	1,242,500	*,g	China Bohai Bank Co Ltd		671,470
	4,246,000		China Cinda Asset Management Co Ltd		802,670
	4,869,530		China Citic Bank		2,157,106
	843,000		China Conch Venture Holdings Ltd		4,008,249
	346,200		China Construction Bank Corp		361,654
	50,247,641		China Construction Bank Corp (Hong Kong)		38,058,493
	1,970,000	*	China COSCO Holdings Co Ltd		1,993,980
	289,000	g	China East Education Holdings Ltd		650,776
	270,700		China Eastern Airlines Corp Ltd		191,617
	351,000		China Education Group Holdings Ltd		736,462
	1,128,800		China Everbright Bank Co Ltd		706,305
	1,437,000		China Everbright Bank Co Ltd (Hong Kong)		590,258
	2,000,888		China Everbright International Ltd		1,123,062
	296,000		China Everbright Ltd		380,318
	981,000	e	China Evergrande Group		1,881,481
	620,000	g	China Feihe Ltd		1,848,695
	72,100		China Film Co Ltd		137,855
	39,946	†	China Fortune Land Development Co Ltd		58,380
	2,632,745		China Galaxy Securities Co Ltd		1,574,502
	135,300		China Galaxy Securities Co Ltd (Class A)		223,907
	1,367,268		China Gas Holdings Ltd		4,812,059
	171,800		China Gezhouba Group Co Ltd		172,024
	70,700		China Great Wall Securities Co Ltd		128,034
	74,800		China Greatwall Technology Group Co Ltd		199,648
	1,451,500		China Hongqiao Group Ltd		1,281,497
	5,955,000	g	China Huarong Asset Management Co Ltd		688,861
	2,230,000	*,†	China Huishan Dairy Holdings Co Ltd		2,876
	873,824		China Insurance International Holdings Co Ltd		1,542,690
	1,121,006	*,g	China International Capital Corp Ltd		2,922,681

251

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	60,600		China International Travel Service Corp Ltd	$	2,745,300
	112,900		China Jushi Co Ltd		392,103
	560,000		China Lesso Group Holdings Ltd		929,022
	3,919,880		China Life Insurance Co Ltd		8,324,909
	84,000		China Life Insurance Co Ltd (Class A)		467,866
	160,800	*,e,g	China Literature Ltd		1,525,912
	1,732,341		China Longyuan Power Group Corp		2,535,852
	712,000		China Medical System Holdings Ltd		1,020,115
	290,000		China Meidong Auto Holdings Ltd		975,259
	1,447,000		China Mengniu Dairy Co Ltd		8,605,238
	2,061,368		China Merchants Bank Co Ltd		15,785,686
	674,495		China Merchants Bank Co Ltd (Class A)		5,316,918
	350,700		China Merchants Energy Shipping Co Ltd		262,232
	804,894		China Merchants Holdings International Co Ltd		1,120,451
	31,400		China Merchants Property Operation & Service Co Ltd		93,970
	176,020		China Merchants Securities Co Ltd		701,723
	214,900		China Merchants Shekou Industrial Zone Holdings Co Ltd		391,928
	1,063,900		China Minsheng Banking Corp Ltd		840,376
	3,208,602		China Minsheng Banking Corp Ltd (Hong Kong)		1,834,590
	2,469,000		China Molybdenum Co Ltd		1,552,170
	489,300		China Molybdenum Co Ltd (Class A)		456,770
	10,400		China National Accord Medicines Corp Ltd		61,635
	2,191,913		China National Building Material Co Ltd		2,612,352
	18,000		China National Medicines Corp Ltd		110,164
	22,800		China National Software & Service Co Ltd		219,933
	144,400	*	China Northern Rare Earth Group High-Tech Co Ltd		396,322
	1,110,773		China Oilfield Services Ltd		1,222,924
	1,977,294		China Overseas Land & Investment Ltd		4,491,565
	218,200		China Pacific Insurance Group Co Ltd		1,166,915
	1,504,000		China Pacific Insurance Group Co Ltd (Hong Kong)		6,194,623
	2,274,000		China Power International Development Ltd		509,533
	556,900		China Railway Group Ltd		455,036
	776,677		China Resources Beer Holdings Company Ltd		6,847,816
	486,000		China Resources Gas Group Ltd		2,420,821
	1,665,555		China Resources Land Ltd		6,590,842
	826,500	g	China Resources Pharmaceutical Group Ltd		434,023
	1,093,372		China Resources Power Holdings Co		1,153,625
	19,700		China Resources Sanjiu Medical & Pharmaceutical Co Ltd		75,544
	257,900		China Shenhua Energy Co Ltd		692,909
	1,912,500		China Shenhua Energy Co Ltd (Hong Kong)		3,532,738
	46,600		China South Publishing & Media Group Co Ltd		67,676
	802,000	*,e	China Southern Airlines Co Ltd		446,562
	242,700	*	China Southern Airlines Co Ltd (Class A)		218,164
	23,716,778	g	China Tower Corp Ltd		3,414,736
	31,700		China TransInfo Technology Co Ltd		86,921
	897,600		China Vanke Co Ltd		3,211,481
	296,400		China Vanke Co Ltd (Class A)		1,270,723
	739,000		China Yangtze Power Co Ltd		2,246,930
	614,000	g	China Yuhua Education Corp Ltd		537,139
	348,900		China Zheshang Bank Co Ltd		212,574
	13,100		Chongqing Brewery Co Ltd		271,781
	176,300	*	Chongqing Changan Automobile Co Ltd		468,516
	26,500		Chongqing Fuling Zhacai Group Co Ltd		183,435
	1,342,000		Chongqing Rural Commercial Bank		577,117

252

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	196,700		Chongqing Rural Commercial Bank Co Ltd	$	126,163
	52,900		Chongqing Zhifei Biological Products Co Ltd		1,289,849
	1,642,939		CIFI Holdings Group Co Ltd		1,346,717
	3,099,738		Citic Pacific Ltd		2,413,059
	1,439,500		CITIC Securities Co Ltd		3,151,557
	343,000		CITIC Securities Co Ltd (Class A)		1,499,180
	72,300		Contemporary Amperex Technology Co Ltd		3,912,856
	958,196		COSCO Pacific Ltd		679,743
	142,500		COSCO SHIPPING Energy Transportation Co Ltd		139,614
	298,700	*	COSCO SHIPPING Holdings Co Ltd		571,915
	4,147,416		Country Garden Holdings Co Ltd		4,981,653
	762,000		Country Garden Services Holdings Co Ltd		6,193,257
	94,100		CSC Financial Co Ltd		580,817
	4,751,489		CSPC Pharmaceutical Group Ltd		4,830,353
	30,910		Da An Gene Co Ltd		169,843
	498,500	g	Dali Foods Group Co Ltd		300,240
	467,600		Daqin Railway Co Ltd		460,420
	20,000		DaShenLin Pharmaceutical Group Co Ltd		306,349
	66,900		DHC Software Co Ltd		76,589
	8,900		Dong-E-E-Jiao Co Ltd		44,941
	90,400		Dongfang Electric Corp Ltd		173,974
	1,609,917		Dongfeng Motor Group Co Ltd		1,585,832
	84,000		Dongxing Securities Co Ltd		144,838
	50,100	*	DouYu International Holdings Ltd (ADR)		657,813
	76,100		East Group Co Ltd		78,398
	315,520		East Money Information Co Ltd		1,711,973
	415,200		ENN Energy Holdings Ltd		6,403,389
	70,661		Eve Energy Co Ltd		1,159,239
	123,000		Everbright Securities Co Ltd		311,730
	142,860	*	Fangda Carbon New Material Co Ltd		166,706
	1,007,000		Far East Horizon Ltd		1,038,253
	93,400	*	FAW Jiefang Group Co Ltd		156,948
	36,800		Fiberhome Telecommunication Technologies Co Ltd		113,687
	116,500		Financial Street Holdings Co Ltd		108,752
	178,400		First Capital Securities Co Ltd		221,866
	552,340		Focus Media Information Technology Co Ltd		925,676
	90,150		Foshan Haitian Flavouring & Food Co Ltd		2,742,238
	1,370,952		Fosun International		2,081,037
	234,600	*	Founder Securities Co Ltd		351,340
	228,600		Foxconn Industrial Internet Co Ltd		503,598
	2,718,000		Franshion Properties China Ltd		1,063,823
	6,700		Fu Jian Anjoy Foods Co Ltd		255,937
	26,100		Fujian Sunner Development Co Ltd		115,417
	62,700		Future Land Holdings Co Ltd		408,883
	37,300		Fuyao Glass Industry Group Co Ltd		339,524
	271,698	g	Fuyao Glass Industry Group Co Ltd (Hong Kong)		1,886,413
	1,500		G-bits Network Technology Xiamen Co Ltd		79,550
	134,700	*	GCL System Integration Technology Co Ltd		84,229
	45,958	*	GDS Holdings Ltd (ADR)		4,759,410
	3,178,828		Geely Automobile Holdings Ltd		11,522,580
	268,600		GEM Co Ltd		331,041
	127,600		Gemdale Corp		213,193
	544,000	*	Genscript Biotech Corp		691,844
	956,000		GF Securities Co Ltd		1,393,101

253

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	132,000		GF Securities Co Ltd (Class A)	$	323,176
	35,800		Giant Network Group Co Ltd		95,529
	11,620		Gigadevice Semiconductor Beijing, Inc		325,505
	136,500		GoerTek, Inc		696,090
	5,601,968	*,e	GOME Electrical Appliances Holdings Ltd		900,107
	65,500		Great Wall Motor Co Ltd		423,906
	1,773,766		Great Wall Motor Co Ltd		5,530,058
	207,300		Greenland Holdings Corp Ltd		172,279
	452,500	e	Greentown China Holdings Ltd		591,110
	757,305		Greentown Service Group Co Ltd		851,691
	51,700		GRG Banking Equipment Co Ltd		71,827
	41,000	*,e	GSX Techedu, Inc (ADR)		4,305,410
	37,500		Guangdong Haid Group Co Ltd		381,251
	70,300	*	Guangdong HEC Technology Holding Co Ltd		50,399
	20,100		Guangdong Hongda Blasting Co Ltd		95,569
	1,610,000		Guangdong Investments Ltd		2,819,859
	9,200		Guangdong Kinlong Hardware Products Co Ltd		245,020
	216,700		Guangdong LY Intelligent Manufacturing Co Ltd		343,640
	18,800		Guangdong Xinbao Electrical Appliances Holdings Co Ltd		143,183
	397,700	*	Guanghui Energy Co Ltd		149,878
	1,528,851		Guangzhou Automobile Group Co Ltd (Hong Kong)		1,387,643
	60,400		Guangzhou Baiyun International Airport Co Ltd		128,432
	42,100		Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd		180,410
	41,100		Guangzhou Haige Communications Group, Inc Co		58,901
	11,600		Guangzhou Kingmed Diagnostics Group Co Ltd		280,098
	925,600		Guangzhou R&F Properties Co Ltd		1,138,474
	20,272		Guangzhou Shiyuan Electronic Technology Co Ltd		427,168
	29,000		Guangzhou Tinci Materials Technology Co Ltd		425,416
	9,200		Guangzhou Wondfo Biotech Co Ltd		123,668
	55,000		Guangzhou Yuexiu Financial Holdings Group Co Ltd		122,581
	53,200	*	Guolian Securities Co Ltd		134,383
	134,800		Guosen Securities Co Ltd		265,255
	221,800		Guotai Junan Securities Co Ltd		560,621
	52,200	*	Guoxuan High-Tech Co Ltd		294,502
	131,430		Guoyuan Securities Co Ltd		163,610
	418,000	g	Haidilao International Holding Ltd		3,509,617
	1,091,200	*,e	Haier Smart Home Co Ltd		4,517,785
	388,000		Haitian International Holdings Ltd		1,398,892
	1,842,800		Haitong Securities Co Ltd		1,636,130
	231,500		Haitong Securities Co Ltd (Class A)		437,820
	18,200		Hangzhou First Applied Material Co Ltd		279,436
	19,700		Hangzhou Robam Appliances Co Ltd		117,038
	34,500		Hangzhou Silan Microelectronics Co Ltd		119,398
	16,000		Hangzhou Tigermed Consulting Co Ltd		413,568
	65,500	*,g	Hangzhou Tigermed Consulting Co Ltd (Hong Kong)		1,440,269
	626,000	*,g	Hansoh Pharmaceutical Group Co Ltd		3,409,501
	241,000	e	Hebei Construction Group Corp Ltd		100,711
	13,500		Hefei Meiya Optoelectronic Technology, Inc		93,635
	47,000		Heilongjiang Agriculture Co Ltd		118,753
	81,400		Henan Shuanghui Investment & Development Co Ltd		590,772
	353,000		Hengan International Group Co Ltd		2,524,662
	213,720		Hengli Petrochemical Co Ltd		1,272,625
	82,980		Hengtong Optic-electric Co Ltd		157,524
	110,260		Hengyi Petrochemical Co Ltd		221,186

254

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	88,900	*	Hesteel Co Ltd	$	28,279
	20,000		Hithink RoyalFlush Information Network Co Ltd		365,618
	18,900		Hongfa Technology Co Ltd		161,235
	342,000		Hopson Development Holdings Ltd		872,791
	313,051	*,e,g	Hua Hong Semiconductor Ltd		1,874,775
	197,010		Huaan Securities Co Ltd		204,405
	408,000		Huadian Power International Corp Ltd (Class A)		202,996
	45,800		Huadong Medicine Co Ltd		186,376
	28,600		Huagong Tech Co Ltd		100,461
	57,720		Hualan Biological Engineering, Inc		409,892
	241,400		Huaneng Power International, Inc		155,527
	1,843,110		Huaneng Power International, Inc (Hong Kong)		651,953
	836,600	g	Huatai Securities Co Ltd		1,329,554
	216,000		Huatai Securities Co Ltd (Class A)		579,632
	135,500		Huaxi Securities Co Ltd		211,450
	373,900		Huaxia Bank Co Ltd		352,425
	35,900		Huaxin Cement Co Ltd		108,567
	81,273		Huayu Automotive Systems Co Ltd		373,645
	82,966	*	Huazhu Group Ltd (ADR)		4,023,851
	88,900		Hubei Biocause Pharmaceutical Co Ltd		54,495
	29,200		Hubei Jumpcan Pharmaceutical Co Ltd		83,747
	40,800		Humanwell Healthcare Group Co Ltd		171,914
	105,800		Hunan Valin Steel Co Ltd		82,393
	36,647		Hundsun Technologies, Inc		548,798
	30,400	*	Hutchison China MediTech Ltd (ADR)		970,064
	35,000	*,e	HUYA, Inc (ADR)		906,150
	58,900		Iflytek Co Ltd		424,178
	1,842,500		Industrial & Commercial Bank of China Ltd		1,449,766
	31,901,777		Industrial & Commercial Bank of China Ltd (Hong Kong)		20,349,180
	699,000		Industrial Bank Co Ltd		2,493,637
	289,600		Industrial Securities Co Ltd		368,466
	12,000	*	Ingenic Semiconductor Co Ltd		125,760
	1,216,700	*	Inner Mongolia BaoTou Steel Union Co Ltd		215,990
	37,600		Inner Mongolia First Machinery Group Co Ltd		61,976
	343,300		Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd		311,486
	211,600		Inner Mongolia Yili Industrial Group Co Ltd		1,443,954
	517,000	*,g	Innovent Biologics, Inc		5,876,859
	13,600		Intco Medical Technology Co Ltd		492,949
	145,067	*,e	IQIYI, Inc (ADR)		3,169,714
	32,200	*	JA Solar Technology Co Ltd		176,702
	18,240		Jafron Biomedical Co Ltd		221,774
	18,200		Jason Furniture Hangzhou Co Ltd		206,601
	113,750	*,g	JD Health International, Inc		2,238,835
	449,824	*	JD.com, Inc (ADR)		39,894,891
	73,300		Jiangsu Changshu Rural Commercial Bank Co Ltd		78,594
	810,000		Jiangsu Express		939,321
	29,156		Jiangsu Hengli Hydraulic Co Ltd		527,153
	168,212		Jiangsu Hengrui Medicine Co Ltd		2,691,840
	33,000		Jiangsu King’s Luck Brewery JSC Ltd		284,237
	73,692		Jiangsu Shagang Co Ltd		110,818
	47,300		Jiangsu Yanghe Brewery Joint-Stock Co Ltd		1,489,211
	8,500		Jiangsu Yangnong Chemical Co Ltd		188,523
	26,000		Jiangsu Yuyue Medical Equipment & Supply Co Ltd		111,726
	207,800		Jiangsu Zhongnan Construction Group Co Ltd		248,084

255

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	98,900		Jiangsu Zhongtian Technology Co Ltd	$	160,044
	695,000		Jiangxi Copper Co Ltd		1,141,770
	100,300		Jiangxi Copper Co Ltd (Class A)		291,041
	41,600		Jiangxi Ganfeng Lithium Co Ltd		766,077
	106,100		Jiangxi Zhengbang Technology Co Ltd		283,852
	36,500		Jilin Aodong Pharmaceutical Group Co Ltd		86,850
	208,500		Jinke Properties Group Co Ltd		223,666
	702,000	e,g	Jinxin Fertility Group Ltd		1,410,246
	39,800		Jinyu Bio-Technology Co Ltd		139,903
	10,100		JiuGui Liquor Co Ltd		275,913
	49,000		Joincare Pharmaceutical Group Industry Co Ltd		92,763
	64,500	*	Jointown Pharmaceutical Group Co Ltd		188,405
	21,500		Jonjee Hi-Tech Industrial And Commercial Holding Co Ltd		223,004
	22,400		Joyoung Co Ltd		97,499
	31,304		JOYY, Inc (ADR)		2,881,220
	13,800		Juewei Food Co Ltd		192,285
	1,408,000		Kaisa Group Holdings Ltd		648,379
	48,700	*	KE Holdings, Inc (ADR)		2,878,170
	392,881		Kingboard Chemical Holdings Ltd		1,601,004
	1,394,000		Kingdee International Software Group Co Ltd		5,584,044
	82,300		Kingfa Sci & Tech Co Ltd		356,124
	28,700	*	Kingsoft Cloud Holdings Ltd (ADR)		1,442,749
	533,000	e	Kingsoft Corp Ltd		4,108,673
	126,000	*,e,g	Koolearn Technology Holding Ltd		443,291
	98,000	*	Kuang-Chi Technologies Co Ltd		346,484
	39,800		Kweichow Moutai Co Ltd		13,007,132
	644,929		KWG Property Holding Ltd		854,499
	25,600		Lakala Payment Co Ltd		113,229
	9,940		Laobaixing Pharmacy Chain JSC		110,958
	693,000		Lee & Man Paper Manufacturing Ltd		607,662
	3,805,856		Lenovo Group Ltd		4,429,798
	219,700		Lens Technology Co Ltd		1,128,381
	237,100		Leo Group Co Ltd		115,189
	50,700		Lepu Medical Technology Beijing Co Ltd		210,679
	229,700		Leyard Optoelectronic Co Ltd		223,338
	1,103,500		Li Ning Co Ltd		6,874,589
	28,800		Liaoning Cheng Da Co Ltd		99,826
	22,100		Livzon Pharmaceutical Group, Inc		121,234
	672,000		Logan Property Holdings Co Ltd		1,003,020
	60,600		Lomon Billions Group Co Ltd		371,928
	925,000	g	Longfor Properties Co Ltd		5,209,109
	122,900		LONGi Green Energy Technology Co Ltd		2,033,913
	36,900		Luenmei Quantum Co Ltd		55,211
	89,441	*	Lufax Holding Ltd		1,425,690
	215,253		Luxshare Precision Industry Co Ltd		1,755,282
	1,017,000	e,g	Luye Pharma Group Ltd		508,946
	41,000		Luzhou Laojiao Co Ltd		1,630,990
	15,800		Maccura Biotechnology Co Ltd		110,600
	66,770		Mango Excellent Media Co Ltd		835,112
	8,000		Maxscend Microelectronics Co Ltd		779,683
	93,728	*	Meinian Onehealth Healthcare Holdings Co Ltd		205,549
	1,846,700	*	Meituan Dianping (Class B)		85,150,185
	525,300		Metallurgical Corp of China Ltd		228,630
	420,000		Microport Scientific Corp		2,920,709

256

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	390,000		Minth Group Ltd	$	1,780,146
	71,164		Momo, Inc (ADR)		1,087,386
	117,846		Muyuan Foodstuff Co Ltd		1,617,478
	56,700		NanJi E-Commerce Co Ltd		85,603
	15,600		Nanjing King-Friend Biochemical Pharmaceutical Co Ltd		77,066
	103,900		Nanjing Securities Co Ltd		169,799
	34,500	*	Nanyang Topsec Technologies Group, Inc		110,666
	131,900		NARI Technology Co Ltd		598,714
	20,300		NAURA Technology Group Co Ltd		625,835
	124,400		NavInfo Co Ltd		287,709
	216,005		Netease.com (ADR)		24,838,415
	64,400		New China Life Insurance Co Ltd		479,954
	454,200		New China Life insurance Co Ltd (Hong Kong)		1,688,480
	139,500		New Hope Liuhe Co Ltd		455,110
	79,555	*	New Oriental Education & Technology Group (ADR)		13,325,462
	23,700		Ninestar Corp		98,343
	30,200		Ningbo Joyson Electronic Corp		123,785
	31,900		Ningbo Tuopu Group Co Ltd		213,048
	663,234	*	NIO, Inc (ADR)		37,804,338
	17,852	*	Noah Holdings Ltd (ADR)		849,755
	76,100		Northeast Securities Co Ltd		104,041
	365,700		Oceanwide Holdings Co Ltd		165,431
	48,900		Offcn Education Technology Co Ltd		299,167
	207,326		Offshore Oil Engineering Co Ltd		135,218
	132,800		O-film Tech Co Ltd		210,252
	7,840		Oppein Home Group, Inc		181,079
	144,900		Orient Securities Co Ltd		226,980
	10,500		Ovctek China, Inc		178,675
	194,200	*	Pacific Securities Co Ltd		97,938
	193,600	*	Pangang Group Vanadium Titanium & Resources Co Ltd		58,250
	4,132,220		People’s Insurance Co Group of China Ltd		1,270,107
	167,600		People’s Insurance Co Group of China Ltd (Class A)		156,120
	45,750		Perfect World Co Ltd		192,568
	66,700	g	Pharmaron Beijing Co Ltd		1,277,916
	3,686,306		PICC Property & Casualty Co Ltd		2,677,762
	197,914	*	Pinduoduo, Inc (ADR)		32,796,329
	590,800		Ping An Bank Co Ltd		2,106,578
	270,600	*,e,g	Ping An Healthcare and Technology Co Ltd		3,348,030
	3,113,026		Ping An Insurance Group Co of China Ltd		36,664,533
	328,900		Ping An Insurance Group Co of China Ltd (Class A)		4,014,112
	62,000	e	Poly Property Development Co Ltd		465,123
	326,100		Poly Real Estate Group Co Ltd		694,631
	5,344,000	g	Postal Savings Bank of China Co Ltd		3,812,688
	153,100		Postal Savings Bank of China Co Ltd		129,635
	483,600		Power Construction Corp of China Ltd		282,155
	5,200		Proya Cosmetics Co Ltd		149,258
	18,400		Qianhe Condiment and Food Co Ltd		130,712
	200,100		Qingdao Haier Co Ltd		982,356
	173,600		Qingdao Rural Commercial Bank Corp		121,529
	162,500		RiseSun Real Estate Development Co Ltd		157,532
	122,600		Rongsheng Petro Chemical Co Ltd		647,047
	297,100		SAIC Motor Corp Ltd		1,005,091
	176,700		Sanan Optoelectronics Co Ltd		804,617
	8,600		Sangfor Technologies, Inc		394,894

257

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	224,700		Sany Heavy Industry Co Ltd	$	1,400,759
	105,800		SDIC Capital Co Ltd		209,401
	221,300		SDIC Power Holdings Co Ltd		297,166
	368,160		Sealand Securities Co Ltd		293,485
	978,000		Seazen Group Ltd		895,616
	118,700		SF Holding Co Ltd		1,812,527
	4,700		SG Micro Corp		219,695
	266,700		Shaanxi Coal Industry Co Ltd		417,324
	73,690		Shandong Buchang Pharmaceuticals Co Ltd		252,678
	311,750	g	Shandong Gold Mining Co Ltd		651,862
	114,345		Shandong Gold Mining Co Ltd		389,671
	43,000		Shandong Hualu Hengsheng Chemical Co Ltd		258,917
	44,800		Shandong Linglong Tyre Co Ltd		296,759
	399,700		Shandong Nanshan Aluminum Co Ltd		205,395
	18,600		Shandong Pharmaceutical Glass Co Ltd		108,466
	20,000		Shandong Sinocera Functional Material Co Ltd		148,031
	62,300		Shandong Sun Paper Industry JSC Ltd		152,008
	1,319,390		Shandong Weigao Group Medical Polymer Co Ltd		2,464,049
	15,500		Shanghai Bairun Investment Holding Group Co Ltd		285,223
	20,000		Shanghai Baosight Software Co Ltd		205,560
	198,400		Shanghai Construction Group Co Ltd		88,895
	168,400	*	Shanghai Electric Group Co Ltd		139,580
	83,700		Shanghai Electric Power Co Ltd		87,819
	63,300		Shanghai Fosun Pharmaceutical Group Co Ltd		442,956
	275,985		Shanghai Fosun Pharmaceutical Group Co Ltd (Hong Kong)		1,239,800
	31,900		Shanghai International Airport Co Ltd		389,116
	295,600		Shanghai International Port Group Co Ltd		201,567
	16,700		Shanghai Jahwa United Co Ltd		102,171
	20,800		Shanghai Jinjiang International Hotels Development Co Ltd		166,711
	32,100		Shanghai Lingang Holdings Corp Ltd		94,104
	595,679		Shanghai Lujiazui Finance & Trade Zone Development Co Ltd		475,234
	20,600		Shanghai M&G Stationery, Inc		299,507
	88,000		Shanghai Oriental Pearl Group Co Ltd		118,504
	60,400		Shanghai Pharmaceuticals Holding Co Ltd		168,490
	502,741		Shanghai Pharmaceuticals Holding Co Ltd (Hong Kong)		868,984
	1,012,500		Shanghai Pudong Development Bank Co Ltd		1,557,867
	13,800		Shanghai Putailai New Energy Technology Co Ltd		211,111
	186,000		Shanghai RAAS Blood Products Co Ltd		207,741
	73,100		Shanghai Yuyuan Tourist Mart Group Co Ltd		118,108
	48,800		Shanghai Zhangjiang High-Tech Park Development Co Ltd		129,899
	204,600		Shanxi Lu’an Environmental Energy Development Co Ltd		172,434
	123,100	*	Shanxi Meijin Energy Co Ltd		134,628
	173,160		Shanxi Securities Co Ltd		208,283
	136,300		Shanxi Taigang Stainless Steel Co Ltd		74,899
	22,500		Shanxi Xinghuacun Fen Wine Factory Co Ltd		1,300,457
	144,170		Shanxi Xishan Coal & Electricity Power Co Ltd		107,260
	294,700		Shenergy Co Ltd		232,807
	55,200		Shengyi Technology Co Ltd		216,790
	11,760		Shennan Circuits Co Ltd		194,162
	585,400		Shenwan Hongyuan Group Co Ltd		423,012
	68,300		Shenzhen Airport Co Ltd		82,552
	12,600		Shenzhen Capchem Technology Co Ltd		160,939
	31,800		Shenzhen Energy Group Co Ltd		30,698
	5,300		Shenzhen Goodix Technology Co Ltd		113,872

258

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	30,900		Shenzhen Hepalink Pharmaceutical Group Co Ltd	$	88,707
	43,300		Shenzhen Inovance Technology Co Ltd		636,050
	555,238		Shenzhen International Holdings Ltd		914,658
	1,772,470		Shenzhen Investment Ltd		585,434
	45,700		Shenzhen Kaifa Technology Co Ltd		145,513
	23,700		Shenzhen Kangtai Biological Products Co Ltd		541,022
	33,200		Shenzhen Mindray Bio-Medical Electronics Co Ltd		2,296,590
	126,600	*	Shenzhen MTC Co Ltd		130,193
	202,600		Shenzhen Overseas Chinese Town Co Ltd		205,920
	50,500		Shenzhen Salubris Pharmaceuticals Co Ltd		272,758
	15,400		Shenzhen SC New Energy Technology Corp		316,062
	23,100		Shenzhen Sunway Communication Co Ltd		114,111
	440,800		Shenzhou International Group Holdings Ltd		8,596,262
	42,700		Shijiazhuang Yiling Pharmaceutical Co Ltd		161,658
	651,000		Shimao Property Holdings Ltd		1,882,265
	146,900	*	Siasun Robot & Automation Co Ltd		269,534
	177,200		Sichuan Chuantou Energy Co Ltd		300,065
	44,300		Sichuan Kelun Pharmaceutical Co Ltd		130,307
	12,900		Sichuan Swellfun Co Ltd		179,103
	37,000		Silergy Corp		3,450,165
	31,735	*	Sina Corp		1,327,158
	82,200		Sinolink Securities Co Ltd		180,156
	52,100		Sinoma Science & Technology Co Ltd		202,776
	228,783		Sinopec Shanghai Petrochemical Co Ltd (Class A)		121,219
	774,000		Sinopharm Group Co		1,896,804
	308,700		Sinotrans Ltd (Class A)		182,940
	368,745		Sinotruk Hong Kong Ltd		1,148,882
	6,900		Skshu Paint Co Ltd		158,061
	245,000	*,g	Smoore International Holdings Ltd		2,413,091
	105,560		Songcheng Performance Development Co Ltd		267,483
	201,120		SooChow Securities Co Ltd		271,324
	131,200		Southwest Securities Co Ltd		99,970
	40,939		Spring Airlines Co Ltd		372,633
	50,800		STO Express Co Ltd		71,334
	1,347,031		Sunac China Holdings Ltd		5,004,716
	71,000		Sungrow Power Supply Co Ltd		1,146,468
	245,100		Suning.com Co Ltd		250,256
	425,817		Sunny Optical Technology Group Co Ltd		11,124,014
	38,400		Sunwoda Electronic Co Ltd		160,096
	33,000		Suofeiya Home Collection Co Ltd		161,719
	128,000		Suzhou Dongshan Precision Manufacturing Co Ltd		429,712
	84,500		Suzhou Gold Mantis Construction Decoration Co Ltd		103,708
	200,132	*	TAL Education Group (ADR)		15,386,148
	36,800		Tangshan Jidong Cement Co Ltd		77,037
	191,900		TBEA Co Ltd		377,000
	396,500		TCL Corp		524,144
	2,957,904		Tencent Holdings Ltd		263,558,930
	194,600	*	Tencent Music Entertainment (ADR)		5,176,360
	12,000		Thunder Software Technology Co Ltd		272,079
	8,500		Tianfeng Securities Co Ltd		6,943
	23,300		Tianjin 712 Communication & Broadcasting Co Ltd		148,946
	100,400		Tianjin Chase Sun Pharmaceutical Co Ltd		63,108
	101,300		Tianjin Zhonghuan Semiconductor Co Ltd		424,974
	72,100		Tianma Microelectronics Co Ltd		178,344

259

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	86,500		Tianshui Huatian Technology Co Ltd	$	188,988
	1,058,000		Tingyi Cayman Islands Holding Corp		2,102,290
	13,900		Toly Bread Co Ltd		119,794
	453,600	*	Tongcheng-Elong Holdings Ltd		808,477
	36,000	*	TongFu Microelectronics Co Ltd		152,028
	92,900		Tonghua Dongbao Pharmaceutical Co Ltd		160,292
	55,100		Tongkun Group Co Ltd		197,159
	199,000		Tongling Nonferrous Metals Group Co Ltd		70,294
	143,392		Tongwei Co Ltd		1,014,457
	8,400	*	Topchoice Medical Corp		394,425
	624,000	g	Topsports International Holdings Ltd		1,011,169
	92,900		Transfar Zhilian Co Ltd		86,324
	469,661		Travelsky Technology Ltd		1,046,460
	253,796	*	Trip.com Group Ltd (ADR)		8,078,327
	226,000		Tsingtao Brewery Co Ltd		2,179,475
	21,500		Tsingtao Brewery Co Ltd (Class A)		294,885
	30,300		Unigroup Guoxin Microelectronics Co Ltd		563,931
	787,000		Uni-President China Holdings Ltd		951,367
	75,880		Unisplendour Corp Ltd		240,837
	28,200		Universal Scientific Industrial Shanghai Co Ltd		71,939
	19,000		Venustech Group, Inc		97,044
	234,724	*	Vipshop Holdings Ltd (ADR)		6,436,132
	28,200	*	Visionox Technology, Inc		41,388
	51,400		Walvax Biotechnology Co Ltd		314,133
	24,000		Wangfujing Group Co Ltd		118,385
	88,500		Wangsu Science & Technology Co Ltd		81,904
	89,400		Wanhua Chemical Group Co Ltd		1,540,975
	2,630,252		Want Want China Holdings Ltd		1,888,809
	29,372	*,e	Weibo Corp (ADR)		1,338,776
	1,054,800		Weichai Power Co Ltd		3,110,965
	126,900		Weichai Power Co Ltd (Class A)		413,936
	10,200		Weifu High-Technology Group Co Ltd		36,036
	12,600		Weihai Guangwei Composites Co Ltd		172,663
	185,160		Wens Foodstuffs Group Co Ltd		485,232
	140,000		Western Securities Co Ltd		213,663
	26,400		Will Semiconductor Ltd		1,175,962
	38,000		Wingtech Technology Co Ltd		616,554
	77,860		Winning Health Technology Group Co Ltd		182,627
	1,194,000		Winteam Pharmaceutical Group Ltd		651,935
	78,400		Wuchan Zhongda Group Co Ltd		51,670
	49,360		Wuhan Guide Infrared Co Ltd		324,907
	55,400		Wuhu Shunrong Sanqi Interactive Entertainment Network Technology Co Ltd		276,413
	80,400		Wuhu Token Science Co Ltd		93,265
	122,800		Wuliangye Yibin Co Ltd		5,515,977
	43,900		WUS Printed Circuit Kunshan Co Ltd		115,985
	70,420		WuXi AppTec Co Ltd		1,807,031
	144,815	g	WuXi AppTec Co Ltd (Hong Kong)		3,444,769
	1,621,301	*,g	Wuxi Biologics Cayman, Inc		22,701,328
	26,600		Wuxi Lead Intelligent Equipment Co Ltd		366,555
	68,900		Wuxi Taiji Industry Co Ltd		86,479
	143,900		XCMG Construction Machinery Co Ltd		119,060
	107,700		Xiamen C & D, Inc		128,569
	14,000		Xiamen Intretech, Inc		149,124

260

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	47,100		Xiamen Tungsten Co Ltd	$	128,467
	217,900		Xinhu Zhongbao Co Ltd		101,369
	105,500		Xinjiang Goldwind Science & Technology Co Ltd		235,726
	570,000	e	Xinjiang Goldwind Science & Technology Co Ltd (Hong Kong)		1,187,365
	2,269,780		Xinyi Solar Holdings Ltd		4,966,279
	87,115	*	XPeng, Inc (ADR)		4,197,201
	634,000	g	Yadea Group Holdings Ltd		1,648,767
	273,900		Yango Group Co Ltd		256,158
	15,000		Yantai Eddie Precision Machinery Co Ltd		176,206
	61,500		Yantai Jereh Oilfield Services Group Co Ltd		407,315
	1,654,464		Yanzhou Coal Mining Co Ltd		1,278,839
	148,900		Yanzhou Coal Mining Co Ltd (Class A)		199,783
	13,800		Yealink Network Technology Corp Ltd		170,535
	44,200		Yifan Pharmaceutical Co Ltd		124,531
	13,160		Yifeng Pharmacy Chain Co Ltd		206,336
	248,000		Yihai International Holding Ltd		4,074,006
	71,120		Yintai Gold Co Ltd		87,085
	383,600		Yonghui Superstores Co Ltd		404,257
	80,899		Yonyou Network Technology Co Ltd		537,822
	105,800		YTO Express Group Co Ltd		186,441
	38,100	*	Yuan Longping High-tech Agriculture Co Ltd		105,900
	3,236,000		Yuexiul Property Co Ltd		632,118
	208,173		Yum China Holdings, Inc		11,805,491
	60,710		Yunda Holding Co Ltd		158,774
	37,900		Yunnan Baiyao Group Co Ltd		777,966
	16,100		Yunnan Energy New Material Co Ltd		327,027
	35,700	*	Zai Lab Ltd (ADR)		5,714,499
	14,195		Zhangzhou Pientzehuang Pharmaceutical Co Ltd		653,600
	630,500		Zhaojin Mining Industry Co Ltd		678,387
	164,400	*	Zhejiang Century Huatong Group Co Ltd		157,589
	56,916		Zhejiang Chint Electrics Co Ltd		325,020
	78,200		Zhejiang Dahua Technology Co Ltd		293,960
	10,220		Zhejiang Dingli Machinery Co Ltd		183,222
	918,414		Zhejiang Expressway Co Ltd		742,727
	42,130		Zhejiang Huahai Pharmaceutical Co Ltd		159,312
	37,176	*	Zhejiang Huayou Cobalt Co Ltd		566,864
	38,400		Zhejiang Jingsheng Mechanical & Electrical Co Ltd		237,186
	225,600		Zhejiang Juhua Co Ltd		307,084
	149,600		Zhejiang Longsheng Group Co Ltd		316,162
	60,600		Zhejiang NHU Co Ltd		347,320
	99,970		Zhejiang Sanhua Intelligent Controls Co Ltd		353,795
	73,800		Zhejiang Semir Garment Co Ltd		98,057
	12,900		Zhejiang Supor Co Ltd		158,732
	39,500		Zhejiang Weixing New Building Materials Co Ltd		129,638
	13,200		Zhejiang Wolwo Bio-Pharmaceutical Co Ltd		189,696
	91,800		Zhengzhou Yutong Bus Co Ltd		197,389
	782,000		Zhenro Properties Group Ltd		456,495
	128,300		Zheshang Securities Co Ltd		261,531
	267,900	*,e,g	ZhongAn Online P&C Insurance Co Ltd		1,640,142
	14,000		Zhongji Innolight Co Ltd		111,818
	190,440		Zhongjin Gold Corp Ltd		246,741
	296,500		Zhongsheng Group Holdings Ltd		1,736,420
	219,800	*	Zhongtian Financial Group Co Ltd		91,469
	3,673,299		Zijin Mining Group Co Ltd		4,054,827

261

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	591,800		Zijin Mining Group Co Ltd (Class A)	$	870,000
	163,900		Zoomlion Heavy Industry Science and Technology Co Ltd		314,399
	126,100		ZTE Corp		625,284
	456,064	e	ZTE Corp (Class H)		1,290,543
	212,022		ZTO Express Cayman, Inc (ADR)		7,013,688
			TOTAL CHINA		1,636,785,698
COLOMBIA - 0.2%
	112,122		BanColombia S.A.		961,314
	233,711		BanColombia S.A. (Preference)		2,064,040
	2,969,739		Ecopetrol S.A.		1,689,146
	133,223		Grupo de Inversiones Suramericana S.A.		847,340
	244,141		Interconexion Electrica S.A.		1,577,440
			TOTAL COLOMBIA		7,139,280
CZECH REPUBLIC - 0.1%
	94,038		CEZ AS		2,255,022
	36,567		Komercni Banka AS		1,109,882
	243,391	e,g	Moneta Money Bank AS		826,432
			TOTAL CZECH REPUBLIC		4,191,336
EGYPT - 0.1%
	753,884		Commercial International Bank		3,023,333
	518,867		Eastern Tobacco		495,417
	371,381		ElSwedy Cables Holding Co		245,211
			TOTAL EGYPT		3,763,961
GREECE - 0.1%
	12,741	*,†	Hellenic Duty Free Shops S.A.		154
	121,171		Hellenic Telecommunications Organization S.A.		1,761,298
	44,252		JUMBO S.A.		693,206
	113,515		OPAP S.A.		1,389,671
			TOTAL GREECE		3,844,329
HONG KONG - 0.4%
	6,861,652	*	Alibaba Pictures Group Ltd		864,492
	7,772,000	*	China Innovationpay Group Ltd		3,336,511
	665,000		China Overseas Property Holdings Ltd		409,473
	1,341,226		China Resources Cement Holdings Ltd		1,478,454
	565,651		Kingboard Laminates Holdings Ltd		908,439
	861,000		Nine Dragons Paper Holdings Ltd		1,326,376
	5,480,331		Sino Biopharmaceutical		5,087,718
	566,000		SSY Group Ltd		297,728
	191,000		Vinda International Holdings Ltd		644,236
	803,000		Wharf Holdings Ltd		1,766,834
			TOTAL HONG KONG		16,120,261
HUNGARY - 0.2%
	217,493	*	MOL Hungarian Oil & Gas plc		1,633,218
	116,417	*	OTP Bank		5,308,123
	66,738		Richter Gedeon Rt		1,879,975
			TOTAL HUNGARY		8,821,316

262

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
INDIA - 8.7%
	202,914	*	Adani Green Energy Ltd	$	2,783,734
	334,042		Ambuja Cements Ltd		1,112,198
	47,126		Apollo Hospitals Enterprise Ltd		1,651,041
	199,921		Asian Paints Ltd		6,587,089
	39,350		Associated Cement Co Ltd		862,841
	153,581		Aurobindo Pharma Ltd		1,899,140
	81,484	*,g	Avenue Supermarts Ltd		2,956,173
	1,153,460	*	Axis Bank Ltd		10,452,995
	140,862		Bajaj Finance Ltd		9,104,338
	19,119		Bajaj Finserv Ltd		2,278,316
	36,763		Bajaj Holdings and Investment Ltd		2,016,220
	44,662		Balkrishna Industries Ltd		968,962
	386,497	*,g	Bandhan Bank Ltd		1,634,674
	124,199		Berger Paints India Ltd		1,200,611
	115,371		Bharat Forge Ltd		920,867
	326,212		Bharat Petroleum Corp Ltd		1,712,083
	666,974		Bharti Airtel Ltd		5,051,034
	182,660		Bharti Infratel Ltd		578,533
	219,982	*	Biocon Ltd		1,119,539
	56,853		Britannia Industries Ltd		2,722,162
	233,097		Cipla Ltd		2,634,408
	672,143		Coal India Ltd		1,155,398
	64,113		Colgate-Palmolive India Ltd		1,406,521
	146,207		Container Corp Of India Ltd		868,501
	237,161		Dabur India Ltd		1,669,795
	68,898		Divi S Laboratories Ltd		3,173,755
	289,284		DLF Ltd		1,008,793
	59,154		Dr Reddy’s Laboratories Ltd		3,706,160
	70,190		Eicher Motors Ltd		2,633,895
	962,406		GAIL India Ltd		1,646,469
	217,659		Godrej Consumer Products Ltd		2,216,874
	147,436		Grasim Industries Ltd		2,127,616
	116,808		Havells India Ltd		1,670,376
	576,467		HCL Technologies Ltd		7,201,658
	22,434	g	HDFC Asset Management Co Ltd		883,070
	358,665	*,g	HDFC Life Insurance Co Ltd		3,328,387
	63,041		Hero Honda Motors Ltd		2,807,340
	747,254		Hindalco Industries Ltd		2,299,700
	420,679		Hindustan Lever Ltd		13,024,266
	320,033		Hindustan Petroleum Corp Ltd		956,276
	880,817		Housing Development Finance Corp		28,641,442
	2,588,055	*	ICICI Bank Ltd		19,129,514
	106,900	*,g	ICICI Lombard General Insurance Co Ltd		1,925,242
	184,532	*,g	ICICI Prudential Life Insurance Co Ltd		1,214,093
	1,133,603		Indian Oil Corp Ltd		1,445,314
	166,014		Indraprastha Gas Ltd		1,169,795
	36,753		Info Edge India Ltd		2,194,851
	1,774,161		Infosys Technologies Ltd		30,062,605
	46,919	*,g	InterGlobe Aviation Ltd		994,039
	35,484		Ipca Laboratories Ltd		898,473
	1,575,190		ITC Ltd		4,378,938
	457,180		JSW Steel Ltd		2,283,236
	38,386		Jubilant Foodworks Ltd		1,360,046

263

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	288,439	*	Kotak Mahindra Bank Ltd	$	6,756,762
	27,140	g	Larsen & Toubro Infotech Ltd		1,471,748
	360,231		Larsen & Toubro Ltd		6,567,471
	116,299		Lupin Ltd		1,603,348
	420,795		Mahindra & Mahindra Ltd		4,310,425
	259,552		Marico Ltd		1,476,715
	64,212		Maruti Suzuki India Ltd		6,329,193
	664,462		Motherson Sumi Systems Ltd		1,313,783
	993		MRF Ltd		1,142,253
	282,920		Mundra Port and Special Economic Zone Ltd		1,972,223
	61,394		Muthoot Finance Ltd		928,851
	17,569		Nestle India Ltd		4,101,410
	2,353,319		NTPC Ltd		2,861,684
	3,174		Page Industries Ltd		1,180,091
	409,034		Petronet LNG Ltd		1,326,699
	42,660		PI Industries Ltd		1,180,107
	79,221		Pidilite Industries Ltd		1,812,362
	49,329		Piramal Healthcare Ltd		882,935
	1,111,509		Power Grid Corp of India Ltd		2,805,097
	1,449,122		Reliance Industries Ltd		36,468,451
	411,021		Rural Electrification Corp Ltd		744,688
	210,629	*,g	SBI Life Insurance Co Ltd		2,493,019
	1,058,039		Sesa Sterlite Ltd		2,324,998
	5,621		Shree Cement Ltd		1,750,928
	99,157		Shriram Transport Finance Co Ltd		1,749,069
	30,838		Siemens India Ltd		669,243
	971,736	*	State Bank of India		3,748,878
	438,858		Sun Pharmaceutical Industries Ltd		3,516,646
	483,731		Tata Consultancy Services Ltd		20,581,152
	931,904	*	Tata Motors Ltd		3,331,486
	357,097		Tata Steel Ltd		2,918,406
	311,657		Tata Tea Ltd		2,385,226
	328,268		Tech Mahindra Ltd		4,309,779
	183,784		Titan Industries Ltd		3,570,311
	26,877		Torrent Pharmaceuticals Ltd		959,321
	92,767		Trent Ltd		788,343
	61,017		Ultra Tech Cement Ltd		4,442,932
	263,895		United Phosphorus Ltd		2,026,147
	151,767	*	United Spirits Ltd		1,201,302
	586,826		Wipro Ltd		3,360,974
	5,285,065	*	Yes Bank Ltd		1,133,783
	443,127		ZEE Telefilms Ltd		1,330,963
			TOTAL INDIA		365,558,598
INDONESIA - 1.3%
	7,213,054		Adaro Energy Tbk		614,518
	28,600,182		Bank Rakyat Indonesia		8,479,007
	1,388,960		Indofood CBP Sukses Makmur Tbk		899,827
	5,012,500	*	Merdeka Copper Gold Tbk PT		907,046
	2,882,000		PT ACE Hardware Indonesia Tbk		319,781
	10,588,572		PT Astra International Tbk		4,588,337
	5,110,175		PT Bank Central Asia Tbk		12,290,630
	9,301,739		PT Bank Mandiri Persero Tbk		4,351,826
	3,531,959		PT Bank Negara Indonesia		1,389,661

264

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	14,550,200	*	PT Barito Pacific Tbk	$	913,406
	3,661,600		PT Charoen Pokphand Indonesia Tbk		1,495,292
	308,900	*	PT Gudang Garam Tbk		829,541
	1,424,305		PT Indah Kiat Pulp and Paper Corp Tbk		1,303,340
	777,417		PT Indocement Tunggal Prakarsa Tbk		738,473
	2,046,900		PT Indofood Sukses Makmur Tbk		880,887
	9,861,300		PT Kalbe Farma Tbk		1,027,937
	5,462,000		PT Perusahaan Gas Negara Persero Tbk		520,430
	1,455,900		PT Semen Gresik Persero Tbk		1,096,985
	25,882,883		PT Telekomunikasi Indonesia Persero Tbk		5,720,638
	3,785,145		PT Unilever Indonesia Tbk		1,864,762
	961,300		PT United Tractors Tbk		1,560,835
	12,131,400		Sarana Menara Nusantara Tbk PT		828,058
			TOTAL INDONESIA		52,621,217
KOREA, REPUBLIC OF - 13.0%
	9,587	*	Alteogen, Inc		1,132,710
	16,790	*	Amorepacific Corp		3,346,610
	3,961	*	BGF retail Co Ltd		600,544
	36,474	*	Celltrion Healthcare Co Ltd		4,672,243
	8,672	*	Celltrion Pharm Inc		1,354,917
	49,758	*	Celltrion, Inc		14,363,263
	33,095		Cheil Communications, Inc		569,678
	44,910		Cheil Industries, Inc		5,204,140
	4,382	*	CJ CheilJedang Corp		1,663,951
	7,960	*	CJ Corp		669,705
	5,823	*	CJ O Shopping Co Ltd		793,914
	21,472	*	Coway Co Ltd		1,333,508
	19,701	*	Daewoo Shipbuilding & Marine Engineering Co Ltd		429,789
	25,987	*	Dongbu Insurance Co Ltd		854,318
	28,387	*	Doosan Bobcat, Inc		765,108
	100,605	*	Doosan Heavy Industries and Construction Co Ltd		1,051,118
	7,308	*	DuzonBIzon Co Ltd		651,068
	9,826		E-Mart Co Ltd		1,439,447
	23,470	*	Fila Korea Ltd		895,272
	9,472		GLOVIS Co Ltd		1,606,281
	32,023	*	GS Engineering & Construction Corp		1,090,502
	25,877	*	GS Holdings Corp		839,744
	12,051	*	GS Retail Co Ltd		373,682
	161,152		Hana Financial Group, Inc		4,698,292
	33,218	*	Hankook Tire Co Ltd		1,217,754
	3,549	*	Hanmi Pharm Co Ltd		1,209,217
	78,099		Hanon Systems		1,162,016
	55,280	*	Hanwha Chemical Corp		2,459,411
	23,754	*	Hanwha Corp		680,443
	23,577	*	HLB, Inc		1,894,400
	8,663	*	Honam Petrochemical Corp		2,014,711
	17,608		Hotel Shilla Co Ltd		1,277,496
	283,360		Hynix Semiconductor, Inc		30,937,389
	38,599	*	Hyundai Engineering & Construction Co Ltd		1,386,685
	21,012	*	Hyundai Heavy Industries		1,760,013
	33,069	*	Hyundai Marine & Fire Insurance Co Ltd		586,672
	33,040	*	Hyundai Mobis		9,363,174
	77,610		Hyundai Motor Co		15,824,002

265

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	16,105		Hyundai Motor Co Ltd (2nd Preference)	$	1,477,993
	12,263		Hyundai Motor Co Ltd (Preference)		1,234,361
	4,911	*	Hyundai Robotics Co Ltd		1,031,966
	44,518		Hyundai Steel Co		1,540,245
	148,772	*	Industrial Bank of Korea		1,040,059
	29,621	*	Kakao Corp		11,636,503
	33,471	*	Kangwon Land, Inc		703,480
	205,203	*	KB Financial Group, Inc		7,408,905
	132,816		Kia Motors Corp		9,733,834
	13,605	*	KMW Co Ltd		934,254
	36,145	*	Korea Aerospace Industries Ltd		1,002,755
	134,877	*	Korea Electric Power Corp		2,752,148
	4,851	*	Korea Express Co Ltd		727,317
	16,318	*	Korea Gas Corp		452,462
	20,005	*	Korea Investment Holdings Co Ltd		1,451,416
	9,838	*	Korea Kumho Petrochemical		2,161,064
	1,281	*	Korea Zinc Co Ltd		462,217
	39,602	*	Korean Air Lines Co Ltd		1,013,877
	62,802	*	KT&G Corp		4,493,267
	23,816		LG Chem Ltd		19,425,589
	3,949		LG Chem Ltd (Preference)		1,646,051
	49,134	*	LG Corp		4,344,752
	54,355		LG Electronics, Inc		7,420,731
	4,785		LG Household & Health Care Ltd		6,661,016
	461		LG Household & Health Care Ltd (Preference)		288,558
	6,863		LG Innotek Co Ltd		1,220,630
	106,048	*	LG Telecom Ltd		1,131,324
	134,184	*	LG.Philips LCD Co Ltd		2,608,394
	13,735		Lotte Corp		398,158
	6,195	*	Lotte Shopping Co Ltd		583,315
	149,331	*	Meritz Securities Co Ltd		469,730
	156,000	*	Mirae Asset Daewoo Co Ltd		1,321,211
	62,420		Naver Corp		19,046,283
	8,566	*	NCsoft		7,257,542
	11,094	*,g	Netmarble Corp		1,299,512
	12,283	*	Orion Corp/Republic of Korea		1,316,784
	732	*	Ottogi Corp		366,480
	7,593	*	Pacific Corp		399,826
	2,763	*	Pearl Abyss Corp		777,031
	39,502		POSCO		8,670,921
	13,497		POSCO Refractories & Environment Co Ltd		1,616,007
	8,530		S1 Corp (Korea)		614,865
	8,563	*,g	Samsung Biologics Co Ltd		6,062,552
	633		Samsung Card Co		16,782
	28,397		Samsung Electro-Mechanics Co Ltd		5,165,081
	2,448,632		Samsung Electronics Co Ltd		179,012,056
	428,275		Samsung Electronics Co Ltd (Preference)		27,930,985
	77,417	*	Samsung Engineering Co Ltd		853,911
	15,949		Samsung Fire & Marine Insurance Co Ltd		2,394,120
	254,190	*	Samsung Heavy Industries Co Ltd		1,410,094
	38,081		Samsung Life Insurance Co Ltd		2,400,761
	28,748		Samsung SDI Co Ltd		18,781,088
	15,958		Samsung SDS Co Ltd		2,778,852
	27,887		Samsung Securities Co Ltd		940,401

266

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	9,703		Seegene, Inc	$	1,415,587
	15,384	*	Shin Poong Pharmaceutical Co Ltd		1,107,579
	232,078	*	Shinhan Financial Group Co Ltd		6,364,627
	3,832		Shinsegae Co Ltd		800,547
	8,080	*	SK Biopharmaceuticals Co Ltd		1,049,165
	17,736		SK C&C Co Ltd		4,928,497
	3,980	*	SK Chemicals Co Ltd (New)		1,488,230
	28,463	*	SK Energy Co Ltd		7,105,647
	21,037		SK Telecom Co Ltd		4,587,934
	25,625	*	S-Oil Corp		1,563,740
	140,190	*	STX Pan Ocean Co Ltd		570,087
	275,742	*	Woori Financial Group, Inc		2,169,520
	54,605	*	Woori Investment & Securities Co Ltd		538,014
	26,029	*	Yuhan Corp		1,526,739
			TOTAL KOREA, REPUBLIC OF		545,278,616
KUWAIT - 0.5%
	576,265		Agility Public Warehousing Co KSC		1,424,952
	516,892		Boubyan Bank KSCP		981,308
	844,867		Gulf Bank KSCP		613,840
	2,118,926		Kuwait Finance House		5,006,264
	286,298		Mabanee Co KPSC		667,524
	1,121,461		Mobile Telecommunications Co KSC		2,346,257
	3,402,266		National Bank of Kuwait SAKP		9,809,043
			TOTAL KUWAIT		20,849,188
LUXEMBOURG - 0.0%
	81,022		Reinet Investments S.C.A		1,418,916
			TOTAL LUXEMBOURG		1,418,916
MALAYSIA - 1.4%
	1,026,433		AMMB Holdings BHD		780,389
	1,517,874		Axiata Group Bhd		1,247,172
	3,442,481		Bumiputra-Commerce Holdings BHD		3,262,552
	2,148,977		Dialog Group BHD		1,610,737
	1,546,925		Digi.Com BHD		1,447,208
	72,100		Fraser & Neave Holdings BHD		567,433
	906,460	*	Gamuda BHD		738,504
	1,181,075		Genting BHD		1,159,377
	90,100		Genting Plantations BHD		215,815
	350,600		HAP Seng Consolidated BHD		708,210
	892,700		Hartalega Holdings BHD		2,832,797
	304,987		Hong Leong Bank BHD		1,300,188
	103,006		Hong Leong Credit BHD		415,634
	1,167,912		IHH Healthcare BHD		1,473,962
	1,195,720		IOI Corp BHD		1,246,928
	669,000		Kossan Rubber Industries		734,667
	217,611		Kuala Lumpur Kepong BHD		1,247,620
	2,089,050		Malayan Banking BHD		4,029,320
	523,176		Malaysia Airports Holdings BHD		665,918
	854,200		Maxis BHD		1,006,183
	656,500		MISC BHD		965,770
	27,500		Nestle Malaysia BHD		929,889
	1,208,000		Petronas Chemicals Group BHD		1,997,113

267

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	180,700		Petronas Dagangan BHD	$	863,213
	419,500		Petronas Gas BHD		1,661,202
	267,840		PPB Group BHD		1,223,698
	742,612		Press Metal BHD		1,462,738
	7,700,615		Public Bank BHD		7,966,225
	586,950		QL Resources BHD		871,737
	1,507,500		Resorts World BHD		915,577
	880,370		RHB Capital BHD		1,107,905
	1,441,965		Sime Darby BHD		782,070
	1,062,465		Sime Darby Plantation BHD		1,270,368
	807,146	*	Supermax Corp BHD		1,352,428
	573,565		Telekom Malaysia BHD		898,683
	1,222,963		Tenaga Nasional BHD		2,913,862
	2,458,500		Top Glove Corp BHD		4,089,338
	366,000		Westports Holdings BHD		387,969
			TOTAL MALAYSIA		58,350,399
MEXICO - 1.6%
	1,453,650		Alfa S.A. de C.V. (Class A)		914,780
	17,738,041		America Movil S.A. de C.V. (Series L)		11,828,822
	279,800		Becle SAB de C.V.		596,890
	8,102,697	*	Cemex S.A. de C.V.		4,648,408
	287,760		Coca-Cola Femsa SAB de C.V.		1,248,237
	251,225		Embotelladoras Arca SAB de C.V.		1,140,617
	1,646,800		Fibra Uno Administracion S.A. de C.V.		1,838,883
	1,024,611		Fomento Economico Mexicano S.A. de C.V.		6,982,690
	112,945		Gruma SAB de C.V.		1,240,031
	175,530	*	Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares)		1,769,086
	100,291	*	Grupo Aeroportuario del Sureste S.A. de C.V. (Class B)		1,577,972
	788,320		Grupo Bimbo S.A. de C.V. (Series A)		1,481,345
	146,398		Grupo Carso S.A. de C.V. (Series A1)		368,441
	1,367,728	*	Grupo Financiero Banorte S.A. de C.V.		6,776,922
	1,079,144	*,e	Grupo Financiero Inbursa S.A.		962,328
	1,633,732		Grupo Mexico S.A. de C.V. (Series B)		7,000,684
	1,243,590	*	Grupo Televisa S.A.		1,880,036
	73,004	*	Industrias Penoles S.A. de C.V.		1,092,442
	318,600	*	Infraestructura Energetica ,NV SAB de C.V.		1,163,491
	823,442		Kimberly-Clark de Mexico S.A. de C.V. (Class A)		1,438,483
	146,600		Megacable Holdings SAB de C.V.		530,074
	531,523		Orbia Advance Corp SAB de C.V.		1,145,553
	82,665		Promotora y Operadora de Infraestructura SAB de C.V.		621,268
	650,700	*	Telesites SAB de C.V.		653,589
	2,743,084		Wal-Mart de Mexico SAB de C.V.		7,808,135
			TOTAL MEXICO		66,709,207
PAKISTAN - 0.0%
	221,358		Habib Bank Ltd		196,551
	191,300		MCB Bank Ltd		230,109
	519,317		Oil & Gas Development Co Ltd		345,148
			TOTAL PAKISTAN		771,808
PERU - 0.2%
	118,822	*	Cia de Minas Buenaventura S.A. (ADR) (Series B)		1,209,608
	35,610		Credicorp Ltd (NY)		5,353,251

268

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	45,344		Southern Copper Corp (NY)	$	3,011,295
			TOTAL PERU		9,574,154
PHILIPPINES - 0.7%
	1,033,504		Aboitiz Equity Ventures, Inc		854,568
	750,800		Aboitiz Power Corp		374,343
	152,663		Ayala Corp		2,437,264
	4,285,193		Ayala Land, Inc		3,347,126
	1,016,476		Banco de Oro Universal Bank		2,122,511
	935,929		Bank of the Philippine Islands		1,545,325
	17,906		Globe Telecom, Inc		721,879
	58,566		GT Capital Holdings, Inc		648,543
	587,400		International Container Term Services, Inc		1,446,363
	1,516,506		JG Summit Holdings (Series B)		1,910,850
	227,840		Jollibee Foods Corp		840,076
	142,886		Manila Electric Co		774,152
	4,426,900		Megaworld Corp		350,445
	6,294,000		Metro Pacific Investments Corp		527,616
	906,890		Metropolitan Bank & Trust		846,526
	45,360		PLDT, Inc		1,237,487
	542,600		Puregold Price Club, Inc		405,471
	126,985		SM Investments Corp		2,596,865
	4,735,749		SM Prime Holdings		3,465,289
	461,747		Universal Robina		1,295,681
			TOTAL PHILIPPINES		27,748,380
POLAND - 0.6%
	133,859	*,g	Allegro.eu S.A.		2,641,209
	104,670	*	Bank Pekao S.A.		1,781,487
	8,210	*	Bank Zachodni WBK S.A.		397,283
	34,418	*	CD Projekt Red S.A.		2,806,762
	146,346		Cyfrowy Polsat S.A.		1,198,395
	25,322	*,g	Dino Polska S.A.		1,778,281
	71,195	*	KGHM Polska Miedz S.A.		3,583,435
	708	*	LPP S.A.		1,455,722
	982,160		Polish Oil & Gas Co		1,486,590
	441,908	*	Polska Grupa Energetyczna S.A.		771,682
	167,555		Polski Koncern Naftowy Orlen S.A.		2,511,193
	470,970		Powszechna Kasa Oszczednosci Bank Polski S.A.		3,636,384
	315,296	*	Powszechny Zaklad Ubezpieczen S.A.		2,516,688
	333,889	*	Telekomunikacja Polska S.A.		587,741
			TOTAL POLAND		27,152,852
QATAR - 0.7%
	1,128,542		Barwa Real Estate Co		1,022,980
	1,040,012		Commercial Bank of Qatar QSC		1,218,200
	926,764		Industries Qatar QSC		3,067,448
	1,806,165		Masraf Al Rayan		2,176,902
	2,413,710		Mesaieed Petrochemical Holding Co		1,339,769
	412,631		Ooredoo QSC		944,623
	266,540		Qatar Electricity & Water Co		1,301,990
	275,910		Qatar Fuel QSC		1,413,363
	1,355,069		Qatar Gas Transport Co Ltd		1,227,760
	439,644		Qatar International Islamic Bank QSC		1,074,399

269

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	575,479		Qatar Islamic Bank SAQ	$	2,620,188
	2,279,550		Qatar National Bank		11,258,969
			TOTAL QATAR		28,666,591
ROMANIA - 0.0%
	199,826		NEPI Rockcastle plc		1,208,865
			TOTAL ROMANIA		1,208,865
RUSSIA - 2.7%
	308,983		Gazprom (ADR)		1,727,215
	2,851,696		Gazprom OAO (ADR)		15,852,336
	225,744		LUKOIL PJSC (ADR)		16,124,894
	181,323		Magnit OAO (GDR)		2,695,943
	55,342	*	Mail.Ru Group Ltd		1,441,659
	321,487		MMC Norilsk Nickel PJSC (ADR) (London)		10,321,769
	235,649		Mobile TeleSystems (ADR)		2,120,841
	49,710		NovaTek OAO (GDR)		8,295,054
	68,719		Novolipetsk Steel PJSC (GDR)		1,915,886
	76,224		PhosAgro OAO (GDR)		1,192,758
	127,540		Polymetal International plc (ADR)		2,752,785
	36,144		Polyus PJSC (GDR)		3,406,582
	689,501	*	Rosneft Oil Co PJSC (GDR)		4,273,527
	1,380,561		Sberbank of Russian Federation (ADR)		18,888,790
	121,222		Severstal (GDR) (Equiduct)		2,024,280
	812,543		Surgutneftegaz (ADR) (London)		3,575,189
	129,740		Tatneft PAO (ADR)		5,028,624
	911,463		VTB Bank PJSC (GDR) Equiduct		835,035
	66,543		X 5 Retail Group NV (GDR)		2,346,138
	161,100	*	Yandex NV		10,091,304
			TOTAL RUSSIA		114,910,609
SAUDI ARABIA - 2.4%
	21,709		Abdullah Al Othaim Markets Co		720,708
	60,880		Advanced Petrochemical Co		1,035,568
	637,197		Al Rajhi Bank		12,380,257
	465,681	*	Alinma Bank		2,026,586
	132,738		Almarai Co JSC		1,904,661
	243,785		Arab National Bank		1,319,070
	170,600		Bank AlBilad		1,260,606
	179,429		Bank Al-Jazira		646,812
	259,918		Banque Saudi Fransi		2,327,570
	28,460	*	Bupa Arabia for Cooperative Insurance Co		886,322
	26,430	*	Co for Cooperative Insurance		555,616
	283,763	*	Dar Al Arkan Real Estate Development Co		649,968
	26,703		Dr Sulaiman Al Habib Medical Services Group Co		819,972
	249,998	*	Emaar Economic City		602,549
	181,790	*	Etihad Etisalat Co		1,384,253
	30,220		Jarir Marketing Co		1,408,392
	225,202	*	Mobile Telecommunications Co Saudi Arabia		823,785
	753,899		National Commercial Bank		8,665,578
	211,981	*	National Industrialization Co		760,676
	121,808	*	Rabigh Refining & Petrochemical Co		453,846
	623,623		Riyad Bank		3,541,338
	187,564		Sahara International Petrochemical Co		917,453

270

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	498,943		Samba Financial Group	$	4,003,746
	19,234		Saudi Airlines Catering Co		393,398
	102,944		Saudi Arabian Fertilizer Co		2,542,336
	228,510	*	Saudi Arabian Mining Co		2,550,771
	1,131,660	g	Saudi Arabian Oil Co		10,477,356
	478,477		Saudi Basic Industries Corp		13,066,005
	427,086		Saudi British Bank		3,046,383
	45,258		Saudi Cement Co		796,392
	443,211		Saudi Electricity Co		2,613,555
	115,690		Saudi Industrial Investment Group		792,977
	380,181	*	Saudi Kayan Petrochemical Co		1,458,513
	315,719		Saudi Telecom Co		9,512,946
	138,500		Savola Group		1,451,543
	140,602		Yanbu National Petrochemical Co		2,398,531
			TOTAL SAUDI ARABIA		100,196,038
SINGAPORE - 0.0%
	122,500	g	BOC Aviation Ltd		997,616
			TOTAL SINGAPORE		997,616
SOUTH AFRICA - 3.2%
	378,231		Absa Group Ltd		2,836,326
	57,130		African Rainbow Minerals Ltd		1,036,008
	28,628		Anglo American Platinum Ltd		2,848,072
	212,270	*	Aspen Pharmacare Holdings Ltd		2,003,858
	160,389		Bid Corp Ltd		2,663,394
	153,193		Bidvest Group Ltd		1,579,124
	33,717	*	Capitec Bank Holdings Ltd		3,086,358
	135,609		Clicks Group Ltd		2,228,022
	190,194		Discovery Holdings Ltd		1,612,203
	126,179		Exxaro Resources Ltd		1,253,328
	2,534,499		FirstRand Ltd		7,960,234
	458,161		Gold Fields Ltd		4,295,891
	1,672,109		Growthpoint Properties Ltd		1,336,354
	285,868	*	Harmony Gold Mining Co Ltd		1,267,991
	404,787		Impala Platinum Holdings Ltd		5,466,465
	25,974		Kumba Iron Ore Ltd		1,044,490
	143,699		Mr Price Group Ltd		1,632,828
	870,103	e	MTN Group Ltd		3,589,656
	242,531		MultiChoice Group Ltd		2,065,373
	223,694		Naspers Ltd (N Shares)		51,746,953
	188,648		Nedbank Group Ltd		1,522,205
	185,040	*	Northam Platinum Ltd		2,298,828
	364,853		Rand Merchant Investment Holdings Ltd		725,501
	269,290		Remgro Ltd		1,783,203
	940,999		Sanlam Ltd		3,585,534
	277,532	*	Sasol Ltd		2,991,624
	267,448		Shoprite Holdings Ltd		2,471,834
	1,138,383		Sibanye Stillwater Ltd		4,321,499
	104,005		Spar Group Ltd		1,334,427
	652,205		Standard Bank Group Ltd		5,406,913
	84,627		Tiger Brands Ltd		1,114,894
	329,293		Vodacom Group Pty Ltd		2,686,098
	566,283		Woolworths Holdings Ltd		1,677,739
			TOTAL SOUTH AFRICA		133,473,227

271

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
TAIWAN - 13.0%
	270,000		Accton Technology Corp	$	2,591,762
	1,648,380		Acer, Inc		1,587,367
	202,407		Advantech Co Ltd		2,495,912
	1,703,011		ASE Industrial Holding Co Ltd		5,607,865
	1,175,512		Asia Cement Corp		1,677,761
	15,000		ASMedia Technology, Inc		1,014,517
	382,500		Asustek Computer, Inc		3,908,612
	4,781,000	*	AU Optronics Corp		2,514,031
	373,389		Catcher Technology Co Ltd		2,632,985
	4,225,604		Cathay Financial Holding Co Ltd		6,010,544
	639,882		Chailease Holding Co Ltd		3,536,734
	1,625,843		Chang Hwa Commercial Bank		960,022
	983,922		Cheng Shin Rubber Industry Co Ltd		1,400,739
	317,079		Chicony Electronics Co Ltd		977,777
	6,675,754		China Development Financial Holding Corp		2,123,616
	1,259,420		China Life Insurance Co Ltd (Taiwan)		1,019,929
	6,182,151		China Steel Corp		5,061,464
	9,399,282		Chinatrust Financial Holding Co		6,367,617
	1,958,763		Chunghwa Telecom Co Ltd		7,560,213
	2,273,000		Compal Electronics, Inc		1,738,569
	1,014,768		Delta Electronics, Inc		10,214,213
	5,650,875		E.Sun Financial Holding Co Ltd		4,762,179
	93,316		Eclat Textile Co Ltd		1,348,369
	1,245,980	*	Evergreen Marine Corp Tawain Ltd		1,384,853
	1,583,071		Far Eastern Textile Co Ltd		1,466,194
	729,000		Far EasTone Telecommunications Co Ltd		1,561,149
	207,513		Feng TAY Enterprise Co Ltd		1,328,132
	5,316,975		First Financial Holding Co Ltd		3,830,903
	1,899,173		Formosa Chemicals & Fibre Corp		5,248,716
	528,064		Formosa Petrochemical Corp		1,675,719
	2,041,453		Formosa Plastics Corp		6,339,767
	439,512		Foxconn Technology Co Ltd		1,170,970
	3,474,646		Fubon Financial Holding Co Ltd		5,641,781
	5,283,328		Fuhwa Financial Holdings Co Ltd		3,744,982
	160,000		Giant Manufacturing Co Ltd		1,552,378
	117,509		Globalwafers Co Ltd		2,581,389
	440,462		Highwealth Construction Corp		669,081
	128,163		Hiwin Technologies Corp		1,807,835
	6,510,002		Hon Hai Precision Industry Co, Ltd		25,890,960
	116,608		Hotai Motor Co Ltd		2,349,773
	2,491,291		Hua Nan Financial Holdings Co Ltd		1,525,691
	4,190,487		InnoLux Display Corp		1,946,846
	1,362,060		Inventec Co Ltd		1,130,893
	53,125		Largan Precision Co Ltd		5,560,621
	1,104,778		Lite-On Technology Corp		2,163,751
	784,170		MediaTek, Inc		24,492,490
	5,698,125		Mega Financial Holding Co Ltd		5,722,932
	336,000		Micro-Star International Co Ltd		1,560,099
	2,703,860		Nan Ya Plastics Corp		6,335,554
	666,000		Nanya Technology Corp		1,894,142
	87,000		Nien Made Enterprise Co Ltd		1,145,277

272

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	303,474		Novatek Microelectronics Corp Ltd	$	4,255,486
	101,000	*	Oneness Biotech Co Ltd		661,424
	1,021,000		Pegatron Technology Corp		2,857,010
	75,000		Phison Electronics Corp		1,008,035
	1,263,512		Pou Chen Corp		1,260,980
	366,000		Powertech Technology, Inc		1,269,055
	316,000		President Chain Store Corp		3,010,986
	1,527,000		Quanta Computer, Inc		4,393,061
	254,085		Realtek Semiconductor Corp		4,087,369
	426,072		Ruentex Development Co Ltd		587,983
	1,187,421		Shanghai Commercial & Savings Bank Ltd		1,582,745
	5,844,536		Shin Kong Financial Holding Co Ltd		1,677,231
	5,063,717		SinoPac Financial Holdings Co Ltd		1,979,575
	242,777		Standard Foods Corp		489,756
	702,050		Synnex Technology International Corp		1,131,398
	4,786,528		Taishin Financial Holdings Co Ltd		2,133,885
	2,607,100		Taiwan Business Bank		846,865
	2,584,958		Taiwan Cement Corp		3,699,943
	4,353,279		Taiwan Cooperative Financial Holding		2,976,450
	245,000		Taiwan High Speed Rail Corp		252,710
	739,859		Taiwan Mobile Co Ltd		2,540,352
	12,649,848		Taiwan Semiconductor Manufacturing Co Ltd		267,334,194
	625,000		Unimicron Technology Corp		1,923,600
	2,606,908		Uni-President Enterprises Corp		6,328,104
	6,049,452		United Microelectronics Corp		10,839,186
	489,000		Vanguard International Semiconductor Corp		1,941,323
	173,000		Walsin Technology Corp		1,358,276
	174,878		Win Semiconductors Corp		2,567,364
	1,409,000		Winbond Electronics Corp		1,326,086
	1,484,560		Wistron Corp		1,654,191
	40,000		Wiwynn Corp		1,174,592
	786,660		WPG Holdings Co Ltd		1,206,321
	195,009		Yageo Corp		3,981,086
	308,127		Zhen Ding Technology Holding Ltd		1,249,873
			TOTAL TAIWAN		544,422,170
TANZANIA, UNITED REPUBLIC OF - 0.1%
	198,562		AngloGold Ashanti Ltd		4,627,025
			TOTAL TANZANIA, UNITED REPUBLIC OF		4,627,025
THAILAND - 1.7%
	657,600		Advanced Info Service PCL (Foreign)		3,771,644
	2,265,400		Airports of Thailand PCL (Foreign)		4,484,652
	3,258,300		Asset World Corp PCL		498,507
	341,700		B Grimm Power PCL		580,039
	306,148		Bangkok Bank PCL (Foreign)		1,156,289
	945,100		Bangkok Commercial Asset Management PCL		644,510
	4,771,300		Bangkok Dusit Medical Services PCL (Foreign)		3,299,897
	3,279,100		Bangkok Expressway & Metro PCL		891,043
	502,500		Berli Jucker PCL		557,490
	3,990,500		BTS Group Holdings PCL		1,259,947
	195,100		Bumrungrad Hospital PCL (Foreign)		815,781
	1,108,400		Central Pattana PCL (Foreign)		1,806,561
	862,216		Central Retail Corp PCL		881,482

273

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	2,126,680		Charoen Pokphand Foods PCL	$	1,931,630
	3,029,055		CP Seven Eleven PCL (Foreign)		5,779,000
	161,700		Delta Electronics Thai PCL		2,852,576
	152,000		Electricity Generating PCL		902,969
	697,100		Energy Absolute PCL (Foreign)		1,506,280
	310,400		Global Power Synergy Co Ltd (Foreign)		808,233
	1,249,050		Gulf Energy Development PCL		1,394,436
	3,045,126		Home Product Center PCL (Foreign)		1,388,615
	742,978		Indorama Ventures PCL (Foreign)		865,310
	1,192,400		Intouch Holdings PCL (Class F)		2,225,498
	876,849		Kasikornbank PCL (Foreign)		3,687,734
	1,816,360		Krung Thai Bank PCL (Foreign)		703,968
	388,200		Krungthai Card PCL		839,624
	3,752,000		Land and Houses PCL Co Reg		973,806
	1,641,970		Minor International PCL (Foreign)		1,355,583
	362,200		Muangthai Capital PCL		792,010
	321,200		Osotspa PCL		382,473
	712,698		PTT Exploration & Production PCL (Foreign)		2,447,261
	1,205,429		PTT Global Chemical PCL (Foreign)		2,363,490
	6,225,100		PTT PCL (Foreign)		7,809,663
	424,400		Ratch Group PCL		700,033
	413,558		Siam Cement PCL (Foreign)		5,211,478
	463,800		Siam Commercial Bank PCL (Foreign)		1,453,759
	445,000		Sri Trang Gloves Thailand PCL		591,004
	294,900		Srisawad Corp PCL		657,380
	684,500		Thai Oil PCL (Foreign)		1,237,127
	1,393,400		Thai Union Group PCL		640,569
	364,700		Total Access Communication PCL (Foreign)		394,834
	6,115,448		True Corp PCL (Foreign)		651,708
			TOTAL THAILAND		73,195,893
TURKEY - 0.4%
	1,635,208	*	Akbank TAS		1,415,003
	370,914		Aselsan Elektronik Sanayi Ve Ticaret AS		876,943
	233,206		BIM Birlesik Magazalar AS		2,295,054
	727,230		Eregli Demir ve Celik Fabrikalari TAS		1,421,036
	26,593		Ford Otomotiv Sanayi AS		521,197
	466,615		Haci Omer Sabanci Holding AS		668,864
	439,680		KOC Holding AS		1,204,023
	72,453	*	Tupras Turkiye Petrol Rafine		979,471
	285,468	*	Turk Hava Yollari		470,947
	720,555		Turk Sise ve Cam Fabrikalari AS		709,781
	588,201		Turkcell Iletisim Hizmet AS		1,288,067
	1,223,864	*	Turkiye Garanti Bankasi AS		1,550,296
	753,373	*	Turkiye Is Bankasi (Series C)		628,532
	1,496,703	*	Yapi ve Kredi Bankasi		582,206
			TOTAL TURKEY		14,611,420
UNITED ARAB EMIRATES - 0.6%
	1,471,493		Abu Dhabi Commercial Bank PJSC		2,572,219
	738,151		Abu Dhabi Islamic Bank PJSC		1,004,869
	1,907,605		Aldar Properties PJSC		1,813,316
	974,882		Dubai Islamic Bank PJSC		1,331,474
	1,119,316	*	Emaar Malls Group PJSC		550,174

274

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	1,874,053	*	Emaar Properties PJSC	$	1,933,933
	1,334,872		Emirates NBD Bank PJSC		4,280,503
	872,372		Emirates Telecommunications Group Co PJSC		4,711,442
	1,417,591		National Bank of Abu Dhabi PJSC		5,782,789
			TOTAL UNITED ARAB EMIRATES		23,980,719
UNITED KINGDOM - 0.0%
	2,334,778		Old Mutual Ltd		1,994,255
			TOTAL UNITED KINGDOM		1,994,255
UNITED STATES - 2.0%
	998,840	e	iShares MSCI Emerging Markets		53,248,161
	54,591		iShares MSCI South Korea Index Fund		4,809,467
	479,552		Vanguard Emerging Markets ETF		24,783,247
			TOTAL UNITED STATES		82,840,875
			TOTAL COMMON STOCKS		4,195,890,845
			(Cost $2,793,293,703)
PREFERRED STOCKS - 0.0%
PHILIPPINES - 0.0%
	307,700	*,†	Ayala Land, Inc		640
			TOTAL PHILIPPINES		640
			TOTAL PREFERRED STOCKS		640
			(Cost $725)
RIGHTS / WARRANTS - 0.0%
BRAZIL - 0.0%
	4,511		Lojas Americanas S.A. (Expires 02/11/21)		3,792
			TOTAL BRAZIL		3,792
CHINA - 0.0%
	12,923	†	Legend Holdings Corp		2,167
			TOTAL CHINA		2,167
KOREA, REPUBLIC OF - 0.0%
	8,651		Hanwha Solutions Corp		37,637
	31,372		Korean Air Lines Co Ltd (Expires 06/05/21)		267,501
			TOTAL KOREA, REPUBLIC OF		305,138
THAILAND - 0.0%
	11,796		Srisawad Corp PCL (Expires 08/29/25)		6,661
			TOTAL THAILAND		6,661
			TOTAL RIGHTS / WARRANTS		317,758
			(Cost $145,397)

275

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.4%
REPURCHASE AGREEMENT - 0.0%
$	540,000	r	Fixed Income Clearing Corp (FICC)		0.040	%	02/01/21	$	540,000
			TOTAL REPURCHASE AGREEMENT						540,000
	SHARES		COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.4%
	15,079,311	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060				15,079,311
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						15,079,311
			TOTAL SHORT-TERM INVESTMENTS						15,619,311
			(Cost $15,619,311)
			TOTAL INVESTMENTS - 100.4%						4,211,828,554
			(Cost $2,809,059,136)
			OTHER ASSETS & LIABILITIES, NET - (0.4)%						(16,218,094	)
			NET ASSETS - 100.0%					$	4,195,610,460

	Abbreviation(s):
	ADR    American Depositary Receipt
	ETF      Exchange Traded Fund
	GDR     Global Depositary Receipt
*	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 $52,383,981.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/2021, the aggregate value of these securities is $131,822,103 or 3.1% of net assets.
r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $540,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $550,880.

276

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY INDEX FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

SECTOR	VALUE			% OF NET ASSETS
INFORMATION TECHNOLOGY	$	844,644,254			20.1	%
CONSUMER DISCRETIONARY		797,997,163			19.0
FINANCIALS		792,319,590			18.9
COMMUNICATION SERVICES		513,129,937			12.2
MATERIALS		303,366,538			7.2
CONSUMER STAPLES		232,692,873			5.5
HEALTH CARE		195,784,019			4.7
ENERGY		187,860,878			4.5
INDUSTRIALS		170,241,692			4.1
REAL ESTATE		80,029,118			1.9
UTILITIES		78,143,181			1.9
SHORT-TERM INVESTMENTS		15,619,311			0.4
OTHER ASSETS & LIABILITIES, NET		(16,218,094	)		(0.4	)
NET ASSETS	$	4,195,610,460			100.0	%

277

TIAA-CREF FUNDS - International Equity Index Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.1%
AUSTRALIA - 8.0%
	208,539	*	Afterpay Touch Group Ltd	$	21,288,644
	624,579		AGL Energy Ltd		5,459,791
	3,420,967		AMP Ltd		3,858,680
	250,909		Ampol Ltd		4,995,615
	1,174,880		APA Group		8,735,601
	575,841		Aristocrat Leisure Ltd		13,565,560
	1,900,299		AusNet Services		2,501,538
	2,840,640		Australia & New Zealand Banking Group Ltd		51,142,787
	195,530		Australian Stock Exchange Ltd		10,684,150
	989,098	*,†	AZ BGP Holdings		3,024
	2,948,255		BHP Billiton Ltd		98,321,350
	2,112,969		BHP Group plc		57,906,596
	503,380		BlueScope Steel Ltd		6,319,904
	1,520,608		Brambles Ltd		12,235,017
	98,626	*	CIMIC Group Ltd		1,849,695
	514,338		Coca-Cola Amatil Ltd		5,119,765
	66,117		Cochlear Ltd		9,941,302
	1,339,180		Coles Group Ltd		18,538,640
	1,771,406		Commonwealth Bank of Australia		112,469,767
	483,279		Computershare Ltd		5,274,862
	387,226		Crown Resorts Ltd		2,827,954
	454,394		CSL Ltd		94,205,646
	1,087,164		Dexus Property Group		7,445,102
	1,629,798		Evolution Mining Ltd		5,820,722
	1,696,501		Fortescue Metals Group Ltd		27,944,302
	10,041,060		Glencore Xstrata plc		33,518,320
	1,642,381		Goodman Group		22,101,483
	1,943,283		GPT Group		6,386,225
	2,450,214		Insurance Australia Group Ltd		9,031,708
	664,039		Lend Lease Corp Ltd		6,054,184
	344,823		Macquarie Group Ltd		34,388,666
	129,006		Magellan Financial Group Ltd		4,687,147
	2,744,966		Medibank Pvt Ltd		6,097,381
	3,938,439		Mirvac Group		7,107,095
	3,303,028		National Australia Bank Ltd		59,207,076
	811,799		Newcrest Mining Ltd		15,429,414
	749,502		Northern Star Resources Ltd		7,253,128
	1,967,248		Oil Search Ltd		5,783,591
	405,354		Orica Ltd		4,705,214
	1,770,874		Origin Energy Ltd		6,365,291
	939,693		Qantas Airways Ltd		3,215,237
	1,474,442		QBE Insurance Group Ltd		9,043,677
	1,914,389		QR National Ltd		5,399,888
	184,363		Ramsay Health Care Ltd		8,846,514
	53,976		REA Group Ltd		5,999,653

278

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	373,338		Rio Tinto Ltd	$	31,248,004
	1,123,111		Rio Tinto plc		85,207,206
	1,764,144		Santos Ltd		8,695,147
	5,191,714		Scentre Group		10,755,371
	330,169		Seek Ltd		7,034,885
	448,880		Sonic Healthcare Ltd		11,730,970
	4,865,345		South32 Ltd		9,383,564
	2,385,718		Stockland Trust Group		8,051,308
	1,246,944		Suncorp-Metway Ltd		9,553,484
	1,318,995	*	Sydney Airport		5,731,428
	2,198,395		Tabcorp Holdings Ltd		6,661,977
	4,150,485		Telstra Corp Ltd		9,856,863
	378,090	*	TPG Telecom Ltd		2,122,639
	2,743,465		Transurban Group		27,643,437
	726,475		Treasury Wine Estates Ltd		5,558,068
	3,911,823		Vicinity Centres		4,551,761
	110,235	e	Washington H Soul Pattinson & Co Ltd		2,283,421
	1,130,193		Wesfarmers Ltd		46,913,553
	3,616,783		Westpac Banking Corp		57,981,335
	146,895		Wisetech Global Ltd		3,480,578
	952,858		Woodside Petroleum Ltd		17,686,514
	1,265,123		Woolworths Ltd		39,350,041
			TOTAL AUSTRALIA		1,260,558,460
AUSTRIA - 0.2%
	282,439	*	Erste Bank der Oesterreichischen Sparkassen AG.		8,625,452
	150,819		OMV AG.		6,328,641
	146,549		Raiffeisen International Bank Holding AG.		2,864,811
	67,802	e	Verbund AG.		6,111,165
	116,411		Voestalpine AG.		4,248,698
			TOTAL AUSTRIA		28,178,767
BELGIUM - 0.9%
	177,030		Ageas		9,063,399
	764,468		Anheuser-Busch InBev S.A.		47,987,691
	54,712		Colruyt S.A.		3,374,992
	30,968	e	Elia System Operator S.A.		3,726,891
	42,486	*	Galapagos NV		4,442,854
	112,801		Groupe Bruxelles Lambert S.A. (EN Brussels)		11,158,291
	250,409		KBC Groep NV		17,462,150
	148,191		Proximus plc		3,122,856
	14,981		Sofina S.A.		4,842,741
	74,582		Solvay S.A.		8,482,957
	126,564		UCB S.A.		13,105,987
	198,151		Umicore S.A.		11,223,171
			TOTAL BELGIUM		137,993,980
BRAZIL - 0.1%
	175,873		Yara International ASA		8,178,135
			TOTAL BRAZIL		8,178,135
CHILE - 0.0%
	388,258		Antofagasta plc		7,571,952
			TOTAL CHILE		7,571,952

279

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
CHINA - 0.1%
	1,722,000	g,q	Budweiser Brewing Co APAC Ltd	$	5,757,319
	1,688,200	*,g,q	ESR Cayman Ltd		6,016,231
	1,926,356		Wilmar International Ltd		7,624,407
			TOTAL CHINA		19,397,957
DENMARK - 2.4%
	163,359	e	Ambu A.S.		7,692,955
	3,256		AP Moller - Maersk AS (Class A)		6,141,482
	6,150		AP Moller - Maersk AS (Class B)		12,633,121
	103,166		Carlsberg AS (Class B)		15,071,734
	105,507	*	Christian Hansen Holding		9,545,111
	118,877		Coloplast AS		17,744,512
	696,201		Danske Bank AS		11,852,040
	207,413		DSV AS		32,361,669
	65,204	*	Genmab AS		25,960,607
	128,108		GN Store Nord		9,759,643
	69,398		H Lundbeck AS		2,469,171
	1,720,625		Novo Nordisk AS		119,872,824
	206,238		Novozymes AS		12,378,088
	189,519	g,q	Orsted AS		35,994,781
	100,718		Pandora AS		9,691,724
	8,075		Rockwool International AS (B Shares)		3,046,307
	151,740		Tryg A.S.		4,720,661
	197,648		Vestas Wind Systems AS		42,438,526
	109,916	*	William Demant Holding A.S.		3,939,650
			TOTAL DENMARK		383,314,606
FINLAND - 1.2%
	141,419		Elisa Oyj (Series A)		8,419,639
	449,742		Fortum Oyj		10,878,308
	273,801		Kesko Oyj (B Shares)		7,109,683
	342,946		Kone Oyj (Class B)		26,971,007
	422,260		Neste Oil Oyj		29,744,235
	5,678,732	*	Nokia Oyj (Turquoise)		27,289,647
	3,240,388		Nordea Bank Abp		26,262,398
	104,801		Orion Oyj (Class B)		4,808,427
	472,721		Sampo Oyj (A Shares)		19,873,938
	583,413		Stora Enso Oyj (R Shares)		10,587,575
	532,859		UPM-Kymmene Oyj		19,040,116
	445,868		Wartsila Oyj (B Shares)		4,370,461
			TOTAL FINLAND		195,355,434
FRANCE - 10.3%
	178,072		Accor S.A.		5,987,807
	241,968	*	Adevinta ASA		3,590,175
	29,703		Aeroports de Paris		3,408,884
	473,985		Air Liquide		77,518,781
	588,776		Airbus SE		59,205,898
	248,691	*	Alstom RGPT		13,483,918
	60,842	g,q	Amundi S.A.		4,527,952
	69,337		Arkema		7,672,803
	98,868		Atos Origin S.A.		7,587,084
	1,948,644		AXA S.A.		43,170,932
	41,335		BioMerieux		6,389,780

280

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,133,714		BNP Paribas S.A.	$	54,368,004
	829,848		Bollore		3,360,614
	229,803		Bouygues S.A.		9,015,580
	289,189		Bureau Veritas S.A.		7,588,244
	161,893		Cap Gemini S.A.		23,395,299
	608,223		Carrefour S.A.		10,313,914
	179,302		CNP Assurances		2,717,510
	522,012		Compagnie de Saint-Gobain		25,949,834
	1,172,519		Credit Agricole S.A.		13,270,696
	617,499		Danone		41,062,814
	2,467		Dassault Aviation S.A.		2,572,182
	131,528		Dassault Systemes S.A.		26,256,065
	244,314		Edenred		13,232,979
	86,544		Eiffage S.A.		7,855,392
	628,663		Electricite de France		7,817,145
	284,818		Essilor International S.A.		40,289,693
	38,059		Eurazeo		2,665,457
	83,830		Faurecia		4,386,927
	52,672		Fonciere Des Regions		4,324,912
	1,839,627		Gaz de France		28,549,651
	46,138		Gecina S.A.		6,555,013
	438,800		Getlink S.E.		6,762,199
	31,900		Hermes International		32,548,729
	14,885		Iliad S.A.		2,752,717
	38,014		Ipsen		3,316,409
	76,111		Kering		49,954,161
	194,987		Klepierre		4,673,278
	85,746	g,q	La Francaise des Jeux SAEM		3,682,930
	266,559		Legrand S.A.		24,493,277
	251,607		L’Oreal S.A.		88,515,357
	278,106		LVMH Moet Hennessy Louis Vuitton S.A.		168,141,502
	169,363		Michelin (C.G.D.E.) (Class B)		23,339,471
	827,610		Natixis		3,115,337
	1,992,351		Orange S. A.		23,383,069
	51,477		Orpea		7,122,411
	210,351		Pernod-Ricard S.A.		39,643,166
	218,760		Publicis Groupe S.A.		11,321,823
	22,842		Remy Cointreau S.A.		4,236,689
	195,119		Renault S.A.		8,298,123
	320,797		Safran S.A.		40,326,611
	1,134,800		Sanofi-Aventis		106,725,955
	27,655		Sartorius Stedim Biotech		11,578,446
	540,787		Schneider Electric S.A.		79,149,932
	162,131	*	SCOR SE		4,930,174
	22,542		SEB S.A.		4,283,834
	820,918		Societe Generale		15,304,371
	89,540	*	Sodexho Alliance S.A.		7,966,896
	345,049		Suez Environnement S.A.		7,081,629
	58,977		Teleperformance		19,290,314
	106,932		Thales S.A.		9,594,698
	2,522,003		Total S.A.		106,298,324
	92,285	*	Ubisoft Entertainment		9,227,031
	133,293		Unibail-Rodamco-Westfield		11,255,187
	230,810		Valeo S.A.		8,592,378
	545,432		Veolia Environnement		14,534,772
	518,899		Vinci S.A.		48,116,542

281

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	833,553		Vivendi Universal S.A.	$	25,613,822
	27,630		Wendel		3,189,809
	239,532	*,g,q	Worldline S.A.		20,247,626
			TOTAL FRANCE		1,626,700,938
GERMANY - 9.3%
	191,251		Adidas-Salomon AG.		60,641,636
	417,544		Allianz AG.		94,368,707
	1,010,336		Aroundtown S.A.		7,014,033
	924,257		BASF SE		71,432,303
	982,964		Bayer AG.		59,491,769
	334,359		Bayerische Motoren Werke AG.		28,309,791
	57,931		Bayerische Motoren Werke AG. (Preference)		3,780,800
	27,423		Bechtle AG.		5,827,182
	100,900		Beiersdorf AG.		11,013,745
	154,219		Brenntag AG.		12,080,442
	39,583		Carl Zeiss Meditec AG.		6,186,231
	1,003,008		Commerzbank AG.		6,626,845
	110,958		Continental AG.		15,529,012
	182,558	g,q	Covestro AG.		12,401,491
	863,291		Daimler AG. (Registered)		60,632,437
	130,299	*,g,q	Delivery Hero AG.		19,790,442
	521,196		Deutsche Annington Immobilien SE		34,800,247
	1,972,937	*	Deutsche Bank AG. (Registered)		19,893,683
	190,183		Deutsche Boerse AG.		30,534,450
	299,412	*	Deutsche Lufthansa AG.		3,857,184
	991,125		Deutsche Post AG.		48,956,671
	3,342,093		Deutsche Telekom AG.		59,430,957
	340,393		Deutsche Wohnen AG.		16,844,866
	2,253,110		E.ON AG.		23,834,599
	211,457		Evonik Industries AG.		6,953,559
	212,585		Fresenius Medical Care AG.		17,197,881
	418,137		Fresenius SE		18,620,771
	67,810		Fuchs Petrolub AG. (Preference)		3,858,227
	152,785		GEA Group AG.		5,279,011
	59,832		Hannover Rueckversicherung AG.		9,271,742
	151,187		HeidelbergCement AG.		11,175,623
	148,312	*	HelloFresh SE		12,523,797
	103,186		Henkel KGaA		9,648,409
	176,719		Henkel KGaA (Preference)		18,303,072
	25,821		Hochtief AG.		2,400,815
	1,311,088		Infineon Technologies AG.		52,526,851
	71,878		KION Group AG.		6,205,956
	72,551		Knorr-Bremse AG.		9,612,669
	83,021		Lanxess AG.		6,254,403
	68,505		LEG Immobilien AG.		9,820,294
	129,842		Merck KGaA		21,640,609
	53,475		MTU Aero Engines Holding AG.		12,407,998
	140,278		Muenchener Rueckver AG.		37,195,826
	57,497		Nemetschek AG.		4,047,908
	156,999		Porsche AG.		10,904,339
	98,508		Puma AG. Rudolf Dassler Sport		9,639,332
	5,142		Rational AG.		4,951,497
	645,590		RWE AG.		27,733,434
	1,045,163		SAP AG.		132,618,627
	35,632		Sartorius AG.		17,712,508

282

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	105,377	g,q	Scout24 AG.	$	8,136,329
	766,213		Siemens AG.		118,717,145
	401,465	*	Siemens Energy AG.		14,898,504
	267,442	g,q	Siemens Healthineers AG.		14,998,524
	130,277		Symrise AG.		16,212,138
	126,924	*,g,q	Takeaway.com Holding BV		14,556,381
	151,843	*,g,q	TeamViewer AG.		7,852,484
	1,003,436		Telefonica Deutschland Holding AG.		2,749,857
	201,877		Uniper SE		7,069,391
	107,202		United Internet AG.		4,652,080
	32,842		Volkswagen AG.		6,930,675
	187,917		Volkswagen AG. (Preference)		35,525,806
	151,275	*,g,q	Zalando SE		17,345,337
			TOTAL GERMANY		1,461,429,332
HONG KONG - 2.9%
	12,104,138		AIA Group Ltd		145,936,521
	307,612		ASM Pacific Technology		4,466,951
	1,254,221		Bank of East Asia Ltd		2,714,325
	3,713,044		BOC Hong Kong Holdings Ltd		11,072,308
	2,617,303		CK Asset Holdings Ltd		13,059,082
	646,869		CK Infrastructure Holdings Ltd		3,434,453
	1,635,959		CLP Holdings Ltd		15,352,757
	2,032,971		Hang Lung Properties Ltd		5,402,431
	763,168		Hang Seng Bank Ltd		13,763,251
	1,459,108		Henderson Land Development Co Ltd		5,967,719
	2,543,627		HK Electric Investments & HK Electric Investments Ltd		2,510,805
	3,761,931		HKT Trust and HKT Ltd		4,951,367
	10,702,694		Hong Kong & China Gas Ltd		15,371,582
	1,377,485		Hong Kong Electric Holdings Ltd		7,309,841
	1,208,547		Hong Kong Exchanges and Clearing Ltd		77,265,014
	1,164,355		Hongkong Land Holdings Ltd		5,368,051
	220,761		Jardine Matheson Holdings Ltd		12,724,041
	218,250		Jardine Strategic Holdings Ltd		5,672,318
	2,051,907		Link REIT		17,800,803
	214,045		Melco Crown Entertainment Ltd (ADR)		3,422,580
	1,540,897		MTR Corp		8,942,274
	1,527,762		New World Development Co Ltd		7,073,665
	4,497,780		PCCW Ltd		2,501,241
	3,140,645		Sino Land Co		4,349,992
	1,964,375		SJM Holdings Ltd		2,106,210
	1,303,519		Sun Hung Kai Properties Ltd		17,806,350
	511,946		Swire Pacific Ltd (Class A)		3,199,447
	1,175,054		Swire Properties Ltd		3,406,040
	1,370,431		Techtronic Industries Co		20,472,017
	9,612,186	g,q	WH Group Ltd		7,789,272
	1,682,914		Wharf Real Estate Investment Co Ltd		8,888,486
	1,824,000		Xinyi Glass Holdings Co Ltd		4,412,210
			TOTAL HONG KONG		464,513,404
IRELAND - 0.7%
	790,422		CRH plc		32,434,807
	159,355		Kerry Group plc (Class A)		21,625,585
	153,787		Kingspan Group plc		10,451,176
	163,504		Paddy Power plc		30,443,426
	245,899		Smurfit Kappa Group plc		11,840,933
			TOTAL IRELAND		106,795,927

283

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
ISRAEL - 0.6%
	42,657		Azrieli Group	$	2,593,138
	1,127,032	*	Bank Hapoalim Ltd		7,931,072
	1,433,973		Bank Leumi Le-Israel		8,836,650
	112,549	*	Check Point Software Technologies		14,377,009
	26,328		Elbit Systems Ltd		3,633,781
	708,509		Israel Chemicals Ltd		3,769,379
	1,151,999		Israel Discount Bank Ltd		4,450,446
	140,417		Mizrahi Tefahot Bank Ltd		3,265,665
	61,823	*	Nice Systems Ltd		16,119,218
	1,099,870	*	Teva Pharmaceutical Industries Ltd (ADR)		12,956,469
	55,325	*	Wix.com Ltd		13,668,041
			TOTAL ISRAEL		91,600,868
ITALY - 2.0%
	125,130		Amplifon S.p.A.		4,959,974
	1,112,397		Assicurazioni Generali S.p.A.		18,985,077
	495,691	*	Autostrade S.p.A.		7,852,738
	579,159		Davide Campari-Milano NV		6,224,997
	25,075		DiaSorin S.p.A.		5,483,507
	8,172,790		Enel S.p.A.		81,057,626
	2,553,181		ENI S.p.A.		25,789,093
	128,267		Ferrari NV		26,690,934
	606,585		FinecoBank Banca Fineco S.p.A		9,432,264
	337,578	g,q	Infrastrutture Wireless Italiane S.p.A		3,625,315
	16,634,568		Intesa Sanpaolo S.p.A.		36,265,110
	633,500	*	Mediobanca S.p.A.		5,637,686
	192,420		Moncler S.p.A		10,843,283
	441,990	*,g,q	Nexi S.p.A		7,841,402
	520,525	g,q	Poste Italiane S.p.A		5,086,508
	239,190		Prysmian S.p.A.		7,705,281
	108,158		Recordati S.p.A.		5,597,091
	2,026,088		Snam Rete Gas S.p.A.		10,624,213
	6,015,308		Telecom Italia RSP		2,847,046
	8,419,613		Telecom Italia S.p.A.		3,605,143
	1,400,652		Terna Rete Elettrica Nazionale S.p.A.		10,157,739
	2,125,138		UniCredit S.p.A.		19,366,088
			TOTAL ITALY		315,678,115
JAPAN - 25.2%
	35,683		ABC-Mart, Inc		2,029,645
	374,274		Acom Co Ltd		1,645,281
	199,600		Advantest Corp		15,773,801
	652,845		Aeon Co Ltd		20,452,818
	102,814		Aeon Mall Co Ltd		1,664,438
	182,973		Air Water, Inc		2,958,173
	164,121		Aisin Seiki Co Ltd		5,044,427
	468,488		Ajinomoto Co, Inc		11,077,937
	183,361		Alfresa Holdings Corp		3,655,291
	157,780		All Nippon Airways Co Ltd		3,355,331
	329,796		Amada Co Ltd		3,713,129
	456,121		Asahi Breweries Ltd		18,414,658
	176,073		Asahi Glass Co Ltd		6,116,540
	195,300		Asahi Intecc Co Ltd		6,412,162

284

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,251,365		Asahi Kasei Corp	$	13,914,942
	1,861,561		Astellas Pharma, Inc		30,216,924
	123,900		Azbil Corp		6,310,287
	53,899		Bank of Kyoto Ltd		2,828,376
	1,981		BLife Investment Corp		5,336,446
	528,912		Bridgestone Corp		19,705,922
	223,861		Brother Industries Ltd		4,991,777
	83,689		Calbee, Inc		2,474,963
	999,577	e	Canon, Inc		22,112,146
	88,300		Capcom Co Ltd		5,539,885
	195,043	*	Casio Computer Co Ltd		3,445,827
	143,571		Central Japan Railway Co		20,558,238
	43,816		Century Leasing System, Inc		3,556,762
	541,343		Chiba Bank Ltd		2,944,422
	654,972		Chubu Electric Power Co, Inc		8,021,924
	671,244		Chugai Pharmaceutical Co Ltd		35,125,615
	296,003		Chugoku Electric Power Co, Inc		3,649,975
	90,464		Coca-Cola West Japan Co Ltd		1,373,333
	1,032,323		Concordia Financial Group Ltd		3,736,054
	20,400		Cosmos Pharmaceutical Corp		3,110,352
	100,900		CyberAgent, Inc		6,316,796
	242,233		Dai Nippon Printing Co Ltd		4,175,413
	102,089		Daifuku Co Ltd		11,651,167
	1,083,146		Dai-ichi Mutual Life Insurance Co		16,503,668
	1,701,590		Daiichi Sankyo Co Ltd		54,775,908
	249,880		Daikin Industries Ltd		52,757,751
	65,759		Daito Trust Construction Co Ltd		6,853,002
	568,394		Daiwa House Industry Co Ltd		16,114,442
	1,468,972	*	Daiwa Securities Group, Inc		6,991,484
	431,853		Denso Corp		24,004,590
	217,147		Dentsu, Inc		6,925,976
	28,885		Disco Corp		9,396,811
	414,972		Don Quijote Co Ltd		9,318,532
	300,181		East Japan Railway Co		19,800,576
	251,896		Eisai Co Ltd		18,384,238
	192,429		Fanuc Ltd		50,237,261
	58,460		Fast Retailing Co Ltd		50,247,654
	126,699		Fuji Electric Holdings Co Ltd		5,048,431
	615,096		Fuji Heavy Industries Ltd		11,816,141
	359,086		Fujifilm Holdings Corp		20,569,167
	196,512		Fujitsu Ltd		29,987,694
	172,693		Fukuoka Financial Group, Inc		3,089,224
	3,665		GLP J-Reit		5,904,486
	41,400		GMO Payment Gateway, Inc		5,898,222
	227,781		Hakuhodo DY Holdings, Inc		3,300,724
	144,466		Hamamatsu Photonics KK		8,379,335
	224,437		Hankyu Hanshin Holdings, Inc		7,261,663
	38,700		Harmonic Drive Systems, Inc		2,891,511
	21,483		Hikari Tsushin, Inc		4,505,302
	286,437	*	Hino Motors Ltd		2,468,848
	31,867		Hirose Electric Co Ltd		5,003,380
	50,845		Hisamitsu Pharmaceutical Co, Inc		3,045,386
	109,937	*	Hitachi Construction Machinery Co Ltd		3,204,608
	971,955	*	Hitachi Ltd		40,039,958
	207,546		Hitachi Metals Ltd		3,311,330
	1,637,225		Honda Motor Co Ltd		43,233,681

285

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	50,792		Hoshizaki Electric Co Ltd	$	4,508,295
	375,996	*	Hoya Corp		48,110,143
	299,055		Hulic Co Ltd		3,381,124
	106,000		Ibiden Co Ltd		4,918,761
	194,592		Idemitsu Kosan Co Ltd		4,569,788
	142,263		Iida Group Holdings Co Ltd		3,138,250
	1,022,817		Inpex Holdings, Inc		5,920,624
	553,864		Isuzu Motors Ltd		5,296,514
	222,900		IT Holdings Corp		4,956,553
	53,600		Ito En Ltd		3,344,519
	1,345,332		Itochu Corp		38,528,938
	99,000		Itochu Techno-Science Corp		3,490,155
	142,057		Japan Airlines Co Ltd		2,535,691
	50,445		Japan Airport Terminal Co Ltd		2,653,865
	396,032	e	Japan Post Bank Co Ltd		3,424,483
	1,556,564		Japan Post Holdings Co Ltd		12,378,677
	219,600		Japan Post Insurance Co Ltd		4,313,220
	1,298		Japan Real Estate Investment Corp		7,909,807
	2,628		Japan Retail Fund Investment Corp		4,986,723
	1,201,070		Japan Tobacco, Inc		23,858,400
	490,407	*	JFE Holdings, Inc		4,254,940
	204,398		JSR Corp		6,237,330
	3,057,800		JX Holdings, Inc		12,392,479
	451,210		Kajima Corp		6,045,582
	134,445		Kakaku.com, Inc		3,893,861
	705,948		Kansai Electric Power Co, Inc		6,921,383
	174,483		Kansai Paint Co Ltd		5,135,915
	482,410		Kao Corp		35,002,095
	1,614,632		KDDI Corp		47,458,440
	97,738		Keihan Electric Railway Co Ltd		4,455,752
	225,434		Keihin Electric Express Railway Co Ltd		3,615,968
	103,446		Keio Corp		7,570,699
	131,416		Keisei Electric Railway Co Ltd		4,462,080
	182,722		Keyence Corp		98,099,981
	144,860		Kikkoman Corp		10,221,736
	172,062		Kintetsu Corp		7,241,876
	821,978		Kirin Brewery Co Ltd		17,667,606
	48,764		Kobayashi Pharmaceutical Co Ltd		5,491,272
	122,600		Kobe Bussan Co Ltd		3,396,008
	102,897	*	Koito Manufacturing Co Ltd		6,638,866
	877,934		Komatsu Ltd		24,054,945
	92,856		Konami Corp		5,690,361
	33,863		Kose Corp		5,442,422
	1,042,375		Kubota Corp		22,902,176
	279,556		Kuraray Co Ltd		2,995,007
	98,986		Kurita Water Industries Ltd		4,017,863
	322,250		Kyocera Corp		20,653,727
	267,394		Kyowa Hakko Kogyo Co Ltd		7,925,848
	380,933		Kyushu Electric Power Co, Inc		3,533,963
	151,321		Kyushu Railway Co		3,177,899
	75,100		Lasertec Corp		10,059,487
	51,358		Lawson, Inc		2,494,342
	225,709		Lion Corp		5,158,794
	265,246		LIXIL Group Corp		6,185,615
	441,562		M3, Inc		37,168,340
	223,046		Makita Corp		10,643,706

286

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,657,319		Marubeni Corp	$	11,011,737
	190,542		Marui Co Ltd		3,414,729
	581,157		Mazda Motor Corp		4,143,112
	68,711		McDonald’s Holdings Co Japan Ltd		3,350,672
	177,448		Mediceo Paltac Holdings Co Ltd		3,633,202
	114,277		MEIJI Holdings Co Ltd		7,800,543
	85,800	*	Mercari, Inc		4,133,810
	365,672		Minebea Co Ltd		8,115,542
	279,206		MISUMI Group, Inc		9,090,925
	1,283,995		Mitsubishi Chemical Holdings Corp		8,782,432
	1,336,555		Mitsubishi Corp		33,857,758
	1,827,611		Mitsubishi Electric Corp		27,879,847
	1,186,700		Mitsubishi Estate Co Ltd		18,773,565
	161,704		Mitsubishi Gas Chemical Co, Inc		3,699,942
	306,148		Mitsubishi Heavy Industries Ltd		8,793,580
	12,269,092		Mitsubishi UFJ Financial Group, Inc		55,404,491
	405,537		Mitsubishi UFJ Lease & Finance Co Ltd		1,984,367
	1,632,177		Mitsui & Co Ltd		30,284,344
	185,510		Mitsui Chemicals, Inc		5,315,732
	921,596		Mitsui Fudosan Co Ltd		18,706,219
	444,409		Mitsui Sumitomo Insurance Group Holdings, Inc		12,786,246
	90,100		Miura Co Ltd		5,129,970
	2,415,072		Mizuho Financial Group, Inc		31,836,268
	126,600		MonotaRO Co Ltd		6,343,735
	575,138		Murata Manufacturing Co Ltd		55,240,869
	112,377		Nabtesco Corp		5,041,008
	187,521		Nagoya Railroad Co Ltd		4,776,107
	201,498		Namco Bandai Holdings, Inc		17,181,952
	260,125		NEC Corp		14,153,085
	486,689		Nexon Co Ltd		14,767,792
	264,138		NGK Insulators Ltd		4,625,698
	154,375		NGK Spark Plug Co Ltd		2,879,710
	448,382		Nidec Corp		59,669,874
	148,800		Nihon M&A Center, Inc		8,616,838
	112,178		Nintendo Co Ltd		64,573,607
	1,465		Nippon Building Fund, Inc		8,848,680
	73,790		Nippon Express Co Ltd		5,013,404
	83,705		Nippon Meat Packers, Inc		3,587,032
	144,539	e	Nippon Paint Co Ltd		12,997,638
	2,092		Nippon ProLogis REIT, Inc		6,819,679
	44,900		Nippon Shinyaku Co Ltd		3,305,475
	766,846	*	Nippon Steel Corp		8,858,302
	1,282,426		Nippon Telegraph & Telephone Corp		32,052,709
	152,790		Nippon Yusen Kabushiki Kaisha		3,519,315
	124,074		Nissan Chemical Industries Ltd		7,067,129
	2,310,388	*	Nissan Motor Co Ltd		11,911,687
	191,410		Nisshin Seifun Group, Inc		3,221,810
	63,760		Nissin Food Products Co Ltd		5,511,032
	80,971		Nitori Co Ltd		16,069,745
	157,657		Nitto Denko Corp		14,290,423
	334,575		NKSJ Holdings, Inc		13,360,352
	3,160,052	*	Nomura Holdings, Inc		16,719,986
	115,774		Nomura Real Estate Holdings, Inc		2,585,916
	4,210		Nomura Real Estate Master Fund, Inc		6,410,032
	322,773		Nomura Research Institute Ltd		10,872,405
	363,927		NSK Ltd		3,299,626

287

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	624,908		NTT Data Corp	$	8,974,382
	653,782		Obayashi Corp		5,476,213
	69,686		Obic Co Ltd		13,038,516
	294,860		Odakyu Electric Railway Co Ltd		8,570,835
	870,243		OJI Paper Co Ltd		5,261,093
	1,167,868		Olympus Corp		21,115,954
	186,299		Omron Corp		16,505,450
	371,280		Ono Pharmaceutical Co Ltd		11,082,373
	38,289	*	Oracle Corp Japan		4,511,134
	200,180		Oriental Land Co Ltd		31,330,450
	1,318,030		ORIX Corp		21,148,965
	2,660		Orix JREIT, Inc		4,460,386
	380,595		Osaka Gas Co Ltd		7,038,225
	516,263		Osaka Securities Exchange Co Ltd		12,052,410
	104,973		Otsuka Corp		5,285,490
	391,285		Otsuka Holdings KK		16,708,416
	2,217,998		Panasonic Corp		28,794,565
	95,100	*	PeptiDream, Inc		5,551,924
	114,400		Pigeon Corp		5,147,422
	88,656		Pola Orbis Holdings, Inc		1,774,819
	864,897	*	Rakuten, Inc		8,512,930
	1,359,473		Recruit Holdings Co Ltd		59,133,535
	779,599	*	Renesas Electronics Corp		8,896,347
	2,078,834		Resona Holdings, Inc		7,216,404
	673,080		Ricoh Co Ltd		5,103,253
	37,318		Rinnai Corp		3,897,806
	87,714		Rohm Co Ltd		8,899,715
	241,990		Ryohin Keikaku Co Ltd		5,786,179
	364,343		Santen Pharmaceutical Co Ltd		6,025,804
	237,718	*	SBI Holdings, Inc		5,934,439
	209,165		Secom Co Ltd		18,952,244
	173,483		Sega Sammy Holdings, Inc		2,763,061
	216,575		Seibu Holdings, Inc		1,988,869
	265,957		Seiko Epson Corp		4,530,551
	357,987		Sekisui Chemical Co Ltd		6,456,719
	618,272	e	Sekisui House Ltd		11,945,293
	752,888		Seven & I Holdings Co Ltd		28,751,301
	321,404		SG Holdings Co Ltd		8,238,443
	215,815	*,e	Sharp Corp		4,482,887
	224,065		Shimadzu Corp		8,566,273
	21,378		Shimamura Co Ltd		2,374,214
	74,510		Shimano, Inc		17,470,566
	552,350		Shimizu Corp		3,890,898
	355,201		Shin-Etsu Chemical Co Ltd		61,832,913
	155,096	*	Shinsei Bank Ltd		1,901,173
	264,080		Shionogi & Co Ltd		14,336,903
	400,330		Shiseido Co Ltd		25,989,217
	418,448		Shizuoka Bank Ltd		3,041,887
	57,491	*	SMC Corp		34,791,400
	2,878,000		Softbank Corp		37,806,725
	1,568,872		Softbank Group Corp		121,545,200
	72,806		Sohgo Security Services Co Ltd		3,582,615
	1,263,345		Sony Corp		120,918,052
	93,100		Square Enix Co Ltd		5,353,585
	126,329		Stanley Electric Co Ltd		3,951,889
	108,833		Start Today Co Ltd		3,047,652

288

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	268,499		Sumco Corp	$	5,662,120
	51,900		Sumisho Computer Systems Corp		2,886,561
	1,510,594		Sumitomo Chemical Co Ltd		7,110,960
	1,181,226		Sumitomo Corp		15,680,241
	176,665		Sumitomo Dainippon Pharma Co Ltd		2,871,888
	744,283		Sumitomo Electric Industries Ltd		9,935,070
	231,045		Sumitomo Metal Mining Co Ltd		10,017,657
	1,307,662		Sumitomo Mitsui Financial Group, Inc		40,626,865
	331,909		Sumitomo Mitsui Trust Holdings, Inc		9,929,972
	312,645		Sumitomo Realty & Development Co Ltd		9,437,439
	71,357		Sundrug Co Ltd		2,831,023
	139,050		Suntory Beverage & Food Ltd		4,857,332
	67,052		Suzuken Co Ltd		2,596,845
	369,740		Suzuki Motor Corp		16,685,655
	167,625		Sysmex Corp		19,555,517
	536,149		T&D Holdings, Inc		6,248,185
	121,498		Taiheiyo Cement Corp		3,024,939
	189,497		Taisei Corp		6,139,155
	32,758		Taisho Pharmaceutical Holdings Co Ltd		2,142,355
	149,558		Taiyo Nippon Sanso Corp		2,883,048
	1,576,673		Takeda Pharmaceutical Co Ltd		55,450,968
	129,849		TDK Corp		20,995,525
	45,500		Tecmo Koei Holdings Co Ltd		2,606,559
	135,460		Teijin Ltd		2,478,169
	179,772		Temp Holdings Co Ltd		3,371,746
	646,054		Terumo Corp		25,109,316
	123,185		THK Co Ltd		3,914,302
	188,390		Tobu Railway Co Ltd		5,316,062
	114,142		Toho Co Ltd		4,421,281
	74,920		Toho Gas Co Ltd		4,404,247
	417,037		Tohoku Electric Power Co, Inc		3,579,214
	631,443		Tokio Marine Holdings, Inc		31,017,028
	1,390,118	*	Tokyo Electric Power Co, Inc		5,332,367
	149,643		Tokyo Electron Ltd		56,902,180
	368,005		Tokyo Gas Co Ltd		8,063,986
	488,644		Tokyu Corp		5,745,574
	643,324		Tokyu Fudosan Holdings Corp		3,635,211
	261,990		Toppan Printing Co Ltd		3,726,032
	1,376,561		Toray Industries, Inc		8,981,673
	385,187		Toshiba Corp		12,578,730
	255,330		Tosoh Corp		4,378,321
	140,932		Toto Ltd		7,805,644
	88,099		Toyo Suisan Kaisha Ltd		4,335,732
	62,599		Toyoda Gosei Co Ltd		1,655,555
	144,133		Toyota Industries Corp		11,353,448
	2,127,386		Toyota Motor Corp		149,205,970
	213,844		Toyota Tsusho Corp		8,352,655
	131,831	*	Trend Micro, Inc		7,255,313
	36,359		Tsuruha Holdings, Inc		4,828,135
	403,122		Uni-Charm Corp		18,079,791
	2,980		United Urban Investment Corp		4,054,340
	220,223		USS Co Ltd		4,336,545
	93,000		Welcia Holdings Co Ltd		3,150,698
	161,477		West Japan Railway Co		8,608,488
	128,411		Yakult Honsha Co Ltd		6,558,829
	726,740		Yamada Denki Co Ltd		3,704,797

289

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	133,760		Yamaha Corp	$	7,538,226
	282,379		Yamaha Motor Co Ltd		6,229,639
	306,374		Yamato Transport Co Ltd		7,601,369
	120,877	e	Yamazaki Baking Co Ltd		2,225,479
	238,265		Yaskawa Electric Corp		12,220,233
	226,973		Yokogawa Electric Corp		4,906,783
	2,641,119		Z Holdings Corp		16,407,496
			TOTAL JAPAN		3,972,629,187
JORDAN - 0.0%
	172,265		Hikma Pharmaceuticals plc		5,657,068
			TOTAL JORDAN		5,657,068
LUXEMBOURG - 0.2%
	726,528		ArcelorMittal		15,910,474
	133,480		Eurofins Scientific SE		12,812,306
	380,841		SES Global S.A.		3,246,390
			TOTAL LUXEMBOURG		31,969,170
MACAU - 0.2%
	2,173,361		Galaxy Entertainment Group Ltd		16,397,505
	2,428,867		Sands China Ltd		9,645,868
	1,556,653	*	Wynn Macau Ltd		2,466,314
			TOTAL MACAU		28,509,687
MEXICO - 0.0%
	184,740		Fresnillo plc		2,489,317
			TOTAL MEXICO		2,489,317
NETHERLANDS - 4.8%
	433,349	*,g,q	ABN AMRO Group NV (ADR)		4,525,911
	18,136	*,g,q	Adyen NV		37,886,559
	1,711,129		Aegon NV		7,094,785
	192,905		Akzo Nobel NV		19,637,621
	44,457	*	Argenx SE		13,012,926
	426,045		ASML Holding NV		227,445,727
	171,656		DSM NV		30,007,729
	109,616		EXOR NV		8,124,917
	115,735		Heineken Holding NV		10,196,681
	259,413		Heineken NV		27,054,816
	3,938,490		ING Groep NV		35,018,530
	75,378	*	JDE Peet’s BV		2,907,988
	1,092,762		Koninklijke Ahold Delhaize NV		31,367,216
	3,547,394		Koninklijke KPN NV		11,082,056
	912,806		Koninklijke Philips Electronics NV		49,756,259
	70,825		Koninklijke Vopak NV		3,584,642
	292,672		NN Group NV		12,190,231
	489,066		Prosus NV		57,137,981
	120,625		Randstad Holdings NV		7,536,384
	4,098,712		Royal Dutch Shell plc (A Shares)		75,843,769
	3,703,300		Royal Dutch Shell plc (B Shares)		64,542,916
	271,579		Wolters Kluwer NV		22,565,557
			TOTAL NETHERLANDS		758,521,201

290

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
NEW ZEALAND - 0.4%
	750,884	*	a2 Milk Co Ltd	$	6,192,515
	1,256,981		Auckland International Airport Ltd		6,687,020
	575,242		Fisher & Paykel Healthcare Corp		14,256,608
	664,816		Mercury NZ Ltd		3,390,425
	1,276,410		Meridian Energy Ltd		6,515,224
	395,993		Ryman Healthcare Ltd		4,399,096
	1,853,569		Telecom Corp of New Zealand Ltd		6,363,952
	121,844	*	Xero Ltd		12,019,756
			TOTAL NEW ZEALAND		59,824,596
NORWAY - 0.5%
	945,642		DNB NOR Holding ASA		18,410,192
	975,647		Equinor ASA		17,484,752
	199,389	e	Gjensidige Forsikring BA		4,585,145
	442,231		Mowi ASA		9,812,096
	1,338,826		Norsk Hydro ASA		5,912,514
	755,132		Orkla ASA		7,340,392
	75,957		Schibsted ASA		2,857,563
	97,786		Schibsted ASA (B Shares)		3,145,646
	701,875		Telenor ASA		11,578,406
			TOTAL NORWAY		81,126,706
PORTUGAL - 0.2%
	2,789,727		Energias de Portugal S.A.		17,509,660
	493,150		Galp Energia SGPS S.A.		4,949,811
	263,677		Jeronimo Martins SGPS S.A.		4,311,799
			TOTAL PORTUGAL		26,771,270
RUSSIA - 0.0%
	524,556		Evraz plc		3,586,604
			TOTAL RUSSIA		3,586,604
SINGAPORE - 1.0%
	3,199,722		Ascendas REIT		7,382,816
	2,604,598		CapitaLand Ltd		6,260,548
	4,637,723		CapitaMall Trust		7,409,454
	459,545		City Developments Ltd		2,482,177
	1,797,105		DBS Group Holdings Ltd		33,888,457
	5,915,684		Genting Singapore Ltd		3,796,596
	1,444,465		Keppel Corp Ltd		5,429,222
	2,078,800		Mapletree Commercial Trust		3,216,167
	2,833,195		Mapletree Logistics Trust		4,202,031
	3,295,547		Oversea-Chinese Banking Corp		25,541,328
	1,442,215	*	Singapore Airlines Ltd		4,448,657
	830,860		Singapore Exchange Ltd		6,172,479
	1,550,371		Singapore Technologies Engineering Ltd		4,322,571
	8,108,799		Singapore Telecommunications Ltd		14,365,106
	2,102,564		Suntec Real Estate Investment Trust		2,519,166
	1,175,788		United Overseas Bank Ltd		20,658,375
	444,897		UOL Group Ltd		2,442,259
	273,613		Venture Corp Ltd		4,066,433
			TOTAL SINGAPORE		158,603,842
SOUTH AFRICA - 0.3%
	1,230,984		Anglo American plc (London)		40,491,303
			TOTAL SOUTH AFRICA		40,491,303

291

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
SPAIN - 2.3%
	268,551		ACS Actividades de Construccion y Servicios S.A.	$	8,369,129
	67,915	g,q	Aena S.A.		10,473,625
	453,081		Amadeus IT Holding S.A.		28,926,152
	6,716,187		Banco Bilbao Vizcaya Argentaria S.A.		30,644,035
	17,449,197		Banco Santander S.A. (AQXE)		50,932,498
	3,606,905		CaixaBank S.A.		9,102,002
	320,423	g,q	Cellnex Telecom SAU		18,771,590
	247,815		Enagas		5,459,505
	318,893		Endesa S.A.		8,150,018
	496,281		Ferrovial S.A.		11,897,589
	302,685	e	Grifols S.A.		8,910,334
	6,056,396		Iberdrola S.A.		81,998,651
	86,520	*	Iberdrola S.A.		1,171,409
	1,095,852		Industria De Diseno Textil S.A.		32,500,985
	298,077	e	Naturgy Energy Group S.A.		7,700,776
	429,154		Red Electrica Corp S.A.		8,148,724
	1,505,338		Repsol YPF S.A.		14,787,982
	239,425		Siemens Gamesa Renewable Energy		9,822,103
	5,055,506		Telefonica S.A.		21,813,955
			TOTAL SPAIN		369,581,062
SWEDEN - 3.3%
	319,197		Alfa Laval AB		8,365,117
	1,004,760		Assa Abloy AB		24,849,497
	673,790		Atlas Copco AB (A Shares)		36,555,349
	392,073		Atlas Copco AB (B Shares)		18,356,867
	273,968		Boliden AB		8,977,056
	229,558	e	Electrolux AB (Series B)		5,608,288
	385,895		Epiroc AB		6,623,609
	661,870		Epiroc AB (Class A)		12,680,693
	238,203		EQT AB		7,425,001
	2,926,762		Ericsson (LM) (B Shares)		36,852,162
	601,431		Essity AB		19,210,199
	160,942	g,q	Evolution Gaming Group AB		15,661,738
	101,588	*	Fastighets AB Balder		5,076,796
	811,119		Hennes & Mauritz AB (B Shares)		17,341,209
	282,538		Hexagon AB (B Shares)		24,622,094
	425,699		Husqvarna AB (B Shares)		5,266,996
	98,788		ICA Gruppen AB		4,951,701
	159,237		Industrivarden AB		5,064,239
	107,641		Industrivarden AB		3,623,167
	144,218		Investment AB Latour		3,232,207
	458,847		Investor AB (B Shares)		33,656,127
	243,840		Kinnevik AB		11,962,642
	75,849		Lundbergs AB (B Shares)		3,983,793
	183,980		Lundin Petroleum AB		4,997,457
	310,931		Nibe Industrier AB		10,378,685
	1,137,848		Sandvik AB		28,338,221
	313,193		Securitas AB (B Shares)		4,825,869
	1,630,469		Skandinaviska Enskilda Banken AB (Class A)		17,738,664
	340,251		Skanska AB (B Shares)		8,792,104
	381,160		SKF AB (B Shares)		10,432,186
	604,627		Svenska Cellulosa AB (B Shares)		10,650,420

292

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,560,587		Svenska Handelsbanken AB	$	15,557,482
	903,099		Swedbank AB (A Shares)		16,992,494
	161,690		Swedish Match AB		12,468,360
	497,505		Tele2 AB (B Shares)		6,865,981
	2,449,289	e	TeliaSonera AB		10,733,486
	1,429,607		Volvo AB (B Shares)		35,223,561
			TOTAL SWEDEN		513,941,517
SWITZERLAND - 9.7%
	1,851,794		ABB Ltd		54,621,243
	157,253		Adecco S.A.		9,822,859
	492,480		Alcon, Inc		35,343,994
	46,694		Baloise Holding AG.		7,819,450
	30,033		Banque Cantonale Vaudoise		3,177,855
	3,009		Barry Callebaut AG.		6,672,998
	524,109		Cie Financiere Richemont S.A.		48,681,357
	198,489		Clariant AG.		4,217,091
	201,132		Coca-Cola HBC AG.		5,937,946
	2,458,401		Credit Suisse Group		32,248,232
	8,384	e	EMS-Chemie Holding AG.		7,907,783
	36,846		Geberit AG.		22,552,211
	9,297		Givaudan S.A.		37,455,488
	528,391		Holcim Ltd		28,573,111
	225,866		Julius Baer Group Ltd		13,666,086
	53,000		Kuehne & Nagel International AG.		12,060,463
	1,031		Lindt & Spruengli AG.		8,932,741
	101		Lindt & Spruengli AG. (Registered)		9,396,324
	163,351		Logitech International S.A.		16,965,390
	74,500		Lonza Group AG.		47,583,111
	2,880,648		Nestle S.A.		322,910,774
	2,219,209		Novartis AG.		200,938,504
	18,595		Partners Group		21,956,816
	702,069		Roche Holding AG.		242,292,278
	40,541		Schindler Holding AG.		10,699,761
	20,235		Schindler Holding AG. (Registered)		5,322,962
	6,009		SGS S.A.		18,225,263
	141,709		Sika AG.		38,560,680
	54,981	*	Sonova Holdings AG		13,263,564
	641,484		STMicroelectronics NV		25,704,654
	10,389		Straumann Holding AG.		11,515,465
	28,804		Swatch Group AG.		8,297,027
	53,983		Swatch Group AG. (Registered)		3,039,978
	30,544		Swiss Life Holding		13,926,691
	75,375		Swiss Prime Site AG.		7,325,832
	285,550		Swiss Re Ltd		25,174,579
	25,345		Swisscom AG.		13,794,738
	66,138		Temenos Group AG.		8,351,371
	3,688,467		UBS Group AG		53,164,928
	45,353		Vifor Pharma AG.		6,158,854
	150,253		Zurich Insurance Group AG		60,078,143
			TOTAL SWITZERLAND		1,524,338,595
UNITED ARAB EMIRATES - 0.0%
	121,704	*,†	NMC Health plc		1,668
			TOTAL UNITED ARAB EMIRATES		1,668

293

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
UNITED KINGDOM - 11.7%
	977,450		3i Group plc	$	14,811,803
	191,021		Admiral Group plc		7,528,299
	452,040		Ashtead Group plc		22,686,466
	355,861	*	Associated British Foods plc		10,279,399
	1,310,675		AstraZeneca plc		133,703,450
	967,530	*,g,q	Auto Trader Group plc		7,459,242
	115,143		Aveva Group plc		5,714,466
	3,981,490		Aviva plc		18,211,662
	3,215,679		BAE Systems plc		20,290,038
	17,349,515		Barclays plc		31,648,893
	1,022,860		Barratt Developments plc		8,908,008
	125,373		Berkeley Group Holdings plc		7,169,988
	20,239,839		BP plc		75,210,314
	2,293,927		British American Tobacco plc		83,356,401
	876,445		British Land Co plc		5,359,673
	8,931,330	*	BT Group plc		15,314,299
	335,436		Bunzl plc		10,767,388
	405,670	*	Burberry Group plc		9,507,578
	2,724,099		CK Hutchison Holdings Ltd		18,799,082
	1,028,754		CNH Industrial NV		13,108,803
	204,534		Coca-Cola European Partners plc (Class A)		9,504,695
	1,784,247	*	Compass Group plc		31,871,593
	140,209		Croda International plc		12,046,562
	98,902		DCC plc		7,440,358
	2,334,629		Diageo plc		93,728,752
	1,352,732		Direct Line Insurance Group plc		5,552,103
	909,720		Experian Group Ltd		31,797,085
	5,006,721		GlaxoSmithKline plc		92,981,293
	583,709		GVC Holdings plc		9,878,425
	380,571		Halma plc		12,827,605
	331,239		Hargreaves Lansdown plc		7,717,294
	20,377,147		HSBC Holdings plc		106,625,587
	946,811		Imperial Tobacco Group plc		19,004,010
	1,507,611		Informa plc		10,258,300
	174,215		InterContinental Hotels Group plc		10,732,899
	161,218		Intertek Group plc		12,141,844
	1,801,298		J Sainsbury plc		6,015,810
	448,428	*	JD Sports Fashion plc		4,564,775
	192,702		Johnson Matthey plc		7,752,245
	2,105,159	*	Kingfisher plc		7,991,598
	707,503		Land Securities Group plc		5,923,773
	5,975,396		Legal & General Group plc		19,873,339
	71,128,607		Lloyds TSB Group plc		31,917,613
	316,461		London Stock Exchange Group plc		37,568,676
	2,616,740		M&G plc		6,277,685
	4,890,014		Melrose Industries plc		11,184,098
	482,720		Mondi plc		11,368,012
	3,518,209		National Grid plc		40,866,437
	133,915		Next plc		14,137,915
	488,157	*	Ocado Ltd		18,530,828
	749,231	e	Pearson plc		8,300,793
	322,367		Persimmon plc		11,221,086
	552,104		Phoenix Group Holdings plc		5,088,048
	2,608,061		Prudential plc		41,727,454
	711,266		Reckitt Benckiser Group plc		60,299,986

294

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,930,122		RELX plc (London)	$	47,786,881
	1,866,157		Rentokil Initial plc		12,665,294
	8,109,958		Rolls-Royce Group plc		10,121,194
	4,832,976		Royal Bank of Scotland Group plc		9,703,008
	1,039,273		RSA Insurance Group plc		9,581,097
	1,087,609		Sage Group plc		8,757,459
	121,212		Schroders plc		5,652,537
	1,037,617		Scottish & Southern Energy plc		21,018,926
	1,174,374		Segro plc		15,283,859
	235,006		Severn Trent plc		7,429,229
	874,608		Smith & Nephew plc		18,413,808
	396,982		Smiths Group plc		7,667,330
	74,187		Spirax-Sarco Engineering plc		11,216,359
	534,657		St. James’s Place plc		8,556,639
	2,672,523		Standard Chartered plc		16,170,619
	2,266,467		Standard Life Aberdeen plc		9,330,274
	3,691,399		Taylor Wimpey plc		7,367,357
	9,783,252		Tesco plc		32,014,696
	2,629,921		Unilever plc		153,206,502
	676,998		United Utilities Group plc		8,533,421
	26,889,209		Vodafone Group plc		45,920,002
	204,143	*	Whitbread plc		7,758,051
	2,393,075		WM Morrison Supermarkets plc		5,868,765
	1,237,318		WPP plc		12,929,505
			TOTAL UNITED KINGDOM		1,837,506,640
UNITED STATES - 0.6%
	38,794	*	CyberArk Software Ltd		6,216,738
	225,413		Ferguson plc		26,172,428
	445,222	*	James Hardie Industries NV		12,444,320
	229,933	*,e	QIAGEN NV (Turquoise)		12,464,497
	1,106,258		Stellantis NV		16,821,511
	1,028,869	*,e	Stellantis NV (Paris)		15,624,774
	480,676		Tenaris S.A.		3,711,575
			TOTAL UNITED STATES		93,455,843
			TOTAL COMMON STOCKS		15,616,273,151
			(Cost $12,384,693,390)
RIGHTS / WARRANTS - 0.0%
SPAIN - 0.0%
	36,160		ACS Actividades de Construccion y Servicios S.A. (Expires 02/05/21)		17,816
			TOTAL SPAIN		17,816
SWITZERLAND - 0.0%
	86,367		Cie Financiere Richemont S.A. (Expires 11/27/23)		28,118
			TOTAL SWITZERLAND		28,118
			TOTAL RIGHTS / WARRANTS		45,934
			(Cost $19,889)

295

TIAA-CREF FUNDS - International Equity Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.5%
GOVERNMENT AGENCY DEBT - 0.1%
$	10,000,000		Federal Home Loan Bank (FHLB)		0.060	%	02/17/21	$	9,999,823
	12,770,000		FHLB		0.090		03/26/21		12,769,060
			TOTAL GOVERNMENT AGENCY DEBT						22,768,883
REPURCHASE AGREEMENT - 0.2%
	31,885,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		31,885,000
			TOTAL REPURCHASE AGREEMENT						31,885,000
TREASURY DEBT - 0.1%
	10,000,000		United States Cash Management Bill		0.063		02/16/21		9,999,823
			TOTAL TREASURY DEBT						9,999,823
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.1%
	18,875,448	c	State Street Navigator Securities Lending Government Money Market Portfolio		0.060				18,875,448
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						18,875,448
			TOTAL SHORT-TERM INVESTMENTS						83,529,154
			(Cost $83,528,227)
			TOTAL INVESTMENTS - 99.6%						15,699,848,239
			(Cost $12,468,241,506)
			OTHER ASSETS & LIABILITIES, NET - 0.4%						59,340,915
			NET ASSETS - 100.0%					$	15,759,189,154
			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 $63,881,837.
		g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 1/31/2021, the aggregate value of these securities is $290,428,989 or 1.8% of net assets.
		q	In default
		r	Agreement with Fixed Income Clearing Corporation, 0.040% dated 1/31/21 to be repurchased at $31,885,000 on 2/1/21, collateralized by U.S. Treasury Notes valued at $32,522,746.

Futures contracts outstanding as of January 31, 2021 were as follows:

Description	Number of long (short) contracts	Expiration date	Notional amount		Value		Unrealized appreciation (depreciation)
MSCI EAFE Index	808	03/19/21	$	87,425,044	$	85,466,200	$	(1,958,844	)

296

TIAA-CREF FUNDS - International Equity Index Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY INDEX FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

			% OF
SECTOR	VALUE		NET ASSETS
FINANCIALS	$	2,540,299,809		16.1	%
INDUSTRIALS		2,386,053,568		15.1
HEALTH CARE		2,012,271,273		12.8
CONSUMER DISCRETIONARY		1,928,593,717		12.2
CONSUMER STAPLES		1,674,444,370		10.6
INFORMATION TECHNOLOGY		1,437,582,215		9.1
MATERIALS		1,239,614,311		7.9
COMMUNICATION SERVICES		811,767,132		5.2
UTILITIES		604,285,405		3.8
ENERGY		501,965,979		3.2
REAL ESTATE		479,441,306		3.1
SHORT-TERM INVESTMENTS		83,529,154		0.5
OTHER ASSETS & LIABILITIES, NET		59,340,915		0.4
NET ASSETS	$	15,759,189,154		100.0	%

297

TIAA-CREF FUNDS - Emerging Markets Debt Fund

TIAA-CREF FUNDS

EMERGING MARKETS DEBT FUND

SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 1.1%
MEXICO - 1.1%
$	4,000,000	†,i	Grupo Aeromexico SAB de C.V.	LIBOR 1 M + 8.000%		8.130	%	08/19/22	$	4,060,000
	3,250,000	†,i	Grupo Aeromexico SAB de C.V.	LIBOR 1 M + 12.500%		12.630		08/19/22		3,323,125
			TOTAL MEXICO							7,383,125
			TOTAL BANK LOAN OBLIGATIONS							7,383,125
			(Cost $7,187,746)
BONDS - 96.2%
CORPORATE BONDS - 46.5%
ARGENTINA - 0.4%
	2,020,000	g	AES Argentina Generacion S.A.			7.750		02/02/24		1,459,450
	1,950,000	g	YPF S.A.			6.950		07/21/27		1,199,250
			TOTAL ARGENTINA							2,658,700
BRAZIL - 5.0%
	4,200,000	g	Amaggi Luxembourg International Sarl			5.250		01/28/28		4,265,436
	3,750,000	g	Banco BTG Pactual S.A.			2.750		01/11/26		3,655,312
	1,775,000	g	BRF S.A.			4.875		01/24/30		1,885,387
	2,000,000	g	Cosan Ltd			5.500		09/20/29		2,137,500
	1,425,000	g	Embraer Netherlands Finance BV			6.950		01/17/28		1,603,837
	2,250,000	g	Itau Unibanco Holding S.A.			3.875		04/15/31		2,253,353
	2,750,000	g	Itau Unibanco Holding S.A.			4.625		N/A‡		2,633,125
	2,250,000	g	JSM Global Sarl			4.750		10/20/30		2,370,960
	1,500,000	g	NBM US Holdings, Inc			6.625		08/06/29		1,689,330
	539,471	g	Odebrecht Offshore Drilling Finance Ltd			6.720		12/01/22		517,897
	4,005,530	†,g,o	Odebrecht Offshore Drilling Finance Ltd			7.720		12/01/26		610,843
	527,012	†,g	Odebrecht Oil & Gas Finance Ltd			0.000		N/A‡		3,689
	714,000	o	Oi S.A.			10.000		07/27/25		741,846
	1,000,000		Petrobras Global Finance BV			5.625		05/20/43		1,073,760
	2,000,000		Petrobras Global Finance BV			6.900		03/19/49		2,406,080
	1,940,000	g	Rio Oil Finance Trust			8.200		04/06/28		2,201,900
	775,000		Suzano Austria GmbH			6.000		01/15/29		928,055
	1,525,000	g	Suzano Austria GmbH			7.000		03/16/47		2,029,104
			TOTAL BRAZIL							33,007,414
CHILE - 3.2%
	1,650,000	g	Banco del Estado de Chile			2.704		01/09/25		1,742,829
	2,325,000	g	Celulosa Arauco y Constitucion S.A.			5.150		01/29/50		2,736,757
	1,800,000	g	Corp Nacional del Cobre de Chile			3.625		08/01/27		2,013,984
	2,000,000	g	Corp Nacional del Cobre de Chile			3.000		09/30/29		2,157,620

298

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	2,150,000	g	Corp Nacional del Cobre de Chile		4.375	%	02/05/49	$	2,545,438
	1,675,000	g	Corp Nacional del Cobre de Chile		3.150		01/15/51		1,640,840
	2,075,000	g	Embotelladora Andina S.A.		3.950		01/21/50		2,326,997
	2,000,000	g	Empresa de los Ferrocarriles del Estado		3.068		08/18/50		1,843,780
	2,250,000	g	Empresa de Transporte de Pasajeros Metro S.A.		3.650		05/07/30		2,522,794
	825,000	g	Kenbourne Invest S.A.		4.700		01/22/28		833,250
			TOTAL CHILE						20,364,289
CHINA - 3.0%
	3,100,000		China Evergrande Group		8.250		03/23/22		2,954,266
	2,300,000		Country Garden Holdings Co Ltd		4.750		07/25/22		2,351,838
	1,000,000		Dalian Deta Holding Co Ltd		5.950		07/29/22		995,068
	3,000,000	g	ENN Energy Holdings Ltd		2.625		09/17/30		3,016,481
	2,050,000	g	Lenovo Group Ltd		3.421		11/02/30		2,184,489
EUR	2,500,000	g	Prosus NV		2.031		08/03/32		3,152,991
$	2,600,000		Shimao Property Holdings Ltd		5.200		01/30/25		2,731,271
	625,000		Weibo Corp		3.500		07/05/24		655,980
	1,825,000		Weibo Corp		3.375		07/08/30		1,882,706
			TOTAL CHINA						19,925,090
COLOMBIA - 1.3%
	1,675,000		Bancolombia S.A.		4.625		12/18/29		1,729,437
	2,000,000	g	Empresas Publicas de Medellin ESP		4.250		07/18/29		2,125,000
	1,000,000	g	Empresas Publicas de Medellin ESP		4.375		02/15/31		1,063,500
	2,075,000	g	Grupo Aval Ltd		4.375		02/04/30		2,143,475
	725,000	g	Millicom International Cellular S.A.		4.500		04/27/31		768,500
	475,000	g	Oleoducto Central S.A.		4.000		07/14/27		515,138
			TOTAL COLOMBIA						8,345,050
COSTA RICA - 0.5%
	2,278,510	g	Autopistas del Sol S.A.		7.375		12/30/30		2,239,502
	952,000	g	Banco Nacional de Costa Rica		5.875		04/25/21		955,618
			TOTAL COSTA RICA						3,195,120
DOMINICAN REPUBLIC - 0.4%
	2,500,000	g	Aeropuertos Dominicanos Siglo XXI S.A.		6.750		03/30/29		2,590,000
			TOTAL DOMINICAN REPUBLIC						2,590,000
GHANA - 0.3%
	2,000,000	g	Tullow Oil plc		6.250		04/15/22		1,618,750
	1,000,000	g	Tullow Oil plc		7.000		03/01/25		653,350
			TOTAL GHANA						2,272,100
GUATEMALA - 0.5%
	1,625,000	g	Banco Industrial S.A.		4.875		01/29/31		1,661,562
	1,750,000	g	Central American Bottling Corp		5.750		01/31/27		1,860,355
			TOTAL GUATEMALA						3,521,917
HONG KONG - 0.4%
	2,375,000	g	Melco Resorts Finance Ltd		5.750		07/21/28		2,522,725
	200,000	g	Melco Resorts Finance Ltd		5.375		12/04/29		210,489
			TOTAL HONG KONG						2,733,214

299

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
INDIA - 2.6%
$	2,325,000	g	Adani Green Energy UP Ltd		6.250	%	12/10/24	$	2,584,508
	2,100,000	g	Adani Ports & Special Economic Zone Ltd		4.375		07/03/29		2,302,352
	1,800,000	g	Adani Ports & Special Economic Zone Ltd		3.100		02/02/31		1,777,243
	2,100,000	g	Azure Power Energy Ltd		5.500		11/03/22		2,147,258
	400,000	g	Azure Power Solar Energy Pvt Ltd		5.650		12/24/24		425,667
	2,250,000	g	Bharti Airtel Ltd		4.375		06/10/25		2,452,815
	2,500,000	g	GMR Hyderabad International Airport Ltd		4.750		02/02/26		2,499,825
	2,200,000	g	Power Finance Corp Ltd		3.950		04/23/30		2,310,657
			TOTAL INDIA						16,500,325
INDONESIA - 3.2%
	2,500,000	g	Indika Energy Capital IV Pte Ltd		8.250		10/22/25		2,682,500
	1,525,875	g	LLPL Capital Pte Ltd		6.875		02/04/39		1,843,257
	300,000	g	Medco Oak Tree Pte Ltd		7.375		05/14/26		318,375
	2,200,000	g	Medco Platinum Road Pte Ltd		6.750		01/30/25		2,292,994
	1,250,000	g	Pertamina Persero PT		4.700		07/30/49		1,411,413
	2,750,000	g	Pertamina Persero PT		4.150		02/25/60		2,855,073
	2,000,000	g	Perusahaan Listrik Negara PT		5.250		10/24/42		2,310,000
	2,000,000	g	Perusahaan Listrik Negara PT		6.150		05/21/48		2,606,820
	2,000,000	g	Saka Energi Indonesia PT		4.450		05/05/24		1,850,000
	2,086,100	g	Star Energy Geothermal Wayang Windu Ltd		6.750		04/24/33		2,372,939
			TOTAL INDONESIA						20,543,371
ISRAEL - 0.9%
	2,200,000	g	Bank Leumi Le-Israel BM		3.275		01/29/31		2,315,500
	3,100,000	g	Leviathan Bond Ltd		6.750		06/30/30		3,520,665
			TOTAL ISRAEL						5,836,165
JAMAICA - 0.0%
	266,926	†,g,o	Digicel Group 0.5 Ltd		8.000		04/01/25		162,825
	398,006	†,g,o	Digicel Group 0.5 Ltd		7.000		N/A‡		135,322
			TOTAL JAMAICA						298,147
KAZAKHSTAN - 2.1%
KZT	453,000,000	g	Development Bank of Kazakhstan JSC		8.950		05/04/23		1,056,219
$	497,343	g	Kazkommertsbank JSC		5.500		12/21/22		497,791
	1,800,000	g	KazMunayGas National Co JSC		4.750		04/19/27		2,084,399
	3,000,000	g	KazMunayGas National Co JSC		3.500		04/14/33		3,275,419
	1,550,000	g	KazMunayGas National Co JSC		6.375		10/24/48		2,146,998
	2,475,000	g	KazTransGas JSC		4.375		09/26/27		2,831,280
	2,000,000	g	Tengizchevroil Finance Co International Ltd		2.625		08/15/25		2,061,971
			TOTAL KAZAKHSTAN						13,954,077
KOREA, REPUBLIC OF - 0.1%
	850,000	g	Kookmin Bank		2.500		11/04/30		869,272
			TOTAL KOREA, REPUBLIC OF						869,272

300

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
KUWAIT - 0.4%
$	2,500,000	g	NBK Tier 1 Financing 2 Ltd		4.500	%	N/A‡	$	2,580,625
			TOTAL KUWAIT						2,580,625
MACAU - 0.7%
	1,325,000	g	MGM China Holdings Ltd		5.875		05/15/26		1,391,674
	575,000	g	Studio City Finance Ltd		5.000		01/15/29		580,750
	2,700,000	g	Wynn Macau Ltd		5.625		08/26/28		2,776,815
			TOTAL MACAU						4,749,239
MALAYSIA - 0.5%
	3,000,000		1MDB Global Investments Ltd		4.400		03/09/23		3,000,947
			TOTAL MALAYSIA						3,000,947
MEXICO - 5.1%
	5,750,000	†,g,q	Aerovias de Mexico S.A.		7.000		02/05/25		2,356,925
	3,000,000	g	Banco Nacional de Comercio Exterior SNC		3.800		08/11/26		2,996,280
	800,000	g	BBVA Bancomer S.A.		5.350		11/12/29		834,000
	2,000,000	g	BBVA Bancomer S.A.		5.125		01/18/33		2,112,100
	2,000,000	g	Cemex SAB de C.V.		5.200		09/17/30		2,175,000
	1,575,000	g	Cemex SAB de C.V.		3.875		07/11/31		1,576,969
	2,000,000	g	Grupo Bimbo SAB de C.V.		4.000		09/06/49		2,173,213
	1,500,000	g	Industrias Penoles SAB de C.V.		4.750		08/06/50		1,691,625
	1,500,000	g	Mexico City Airport Trust		4.250		10/31/26		1,561,275
	1,630,000	g	Mexico Remittances Funding Fiduciary Estate Management Sarl		4.875		01/15/28		1,665,860
	2,000,000		Petroleos Mexicanos		4.875		01/18/24		2,093,600
	1,000,000		Petroleos Mexicanos		4.500		01/23/26		987,500
	5,100,000		Petroleos Mexicanos		5.350		02/12/28		4,890,900
	4,647,000		Petroleos Mexicanos		6.840		01/23/30		4,670,235
	2,075,000		Petroleos Mexicanos		6.350		02/12/48		1,735,219
			TOTAL MEXICO						33,520,701
OMAN - 0.3%
	2,250,000	g	Oryx Funding Ltd		5.800		02/03/31		2,300,625
			TOTAL OMAN						2,300,625
PANAMA - 1.5%
	2,750,000	g	Banistmo S.A.		4.250		07/31/27		2,915,000
	1,175,000	g	Cable Onda S.A.		4.500		01/30/30		1,269,000
	2,000,000	g	Empresa de Transmision Electrica S.A.		5.125		05/02/49		2,459,640
	1,025,000	g	ENA Master Trust		4.000		05/19/48		1,103,002
	1,700,000	g	UEP Penonome II S.A.		6.500		10/01/38		1,781,600
			TOTAL PANAMA						9,528,242
PERU - 1.7%
PEN	9,000,000	g	Alicorp SAA		6.875		04/17/27		2,900,792
$	2,825,000	g	Banco de Credito del Peru		3.125		07/01/30		2,906,275
	1,500,000	g	Banco Internacional del Peru SAA Interbank		4.000		07/08/30		1,548,750
	2,300,000	g	Inkia Energy Ltd		5.875		11/09/27		2,455,250
	975,000	g	Lima Metro Line 2 Finance Ltd		4.350		04/05/36		1,073,719
			TOTAL PERU						10,884,786

301

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
RUSSIA - 0.9%
$	3,000,000	g	LUKOIL Securities BV		3.875	%	05/06/30	$	3,198,000
	2,750,000	g	Sovcombank Via SovCom Capital DAC		3.400		01/26/25		2,764,220
			TOTAL RUSSIA						5,962,220
SAUDI ARABIA - 0.6%
	3,500,000	g	Saudi Arabian Oil Co		2.875		04/16/24		3,706,120
			TOTAL SAUDI ARABIA						3,706,120
SINGAPORE - 0.4%
	2,500,000	g	Oversea-Chinese Banking Corp Ltd		1.832		09/10/30		2,529,331
			TOTAL SINGAPORE						2,529,331
SOUTH AFRICA - 2.2%
	2,000,000	g	Eskom Holdings SOC Ltd		6.750		08/06/23		2,085,788
	1,600,000	g	Eskom Holdings SOC Ltd		8.450		08/10/28		1,798,447
	2,300,000	g	Gold Fields Orogen Holdings BVI Ltd		6.125		05/15/29		2,788,750
	3,500,000	†,g,q	Petra Diamonds US Treasury plc		7.250		05/01/22		1,452,500
	3,000,000		SASOL Financing USA LLC		5.875		03/27/24		3,157,500
	3,000,000	g	Transnet SOC Ltd		4.000		07/26/22		3,057,202
			TOTAL SOUTH AFRICA						14,340,187
SPAIN - 0.8%
	3,000,000	g	EnfraGen Energia Sur S.A.		5.375		12/30/30		3,030,000
	1,995,367	g	International Airport Finance S.A.		12.000		03/15/33		1,935,506
			TOTAL SPAIN						4,965,506
TANZANIA, UNITED REPUBLIC OF - 0.3%
	2,050,000		AngloGold Ashanti Holdings plc		3.750		10/01/30		2,195,492
			TOTAL TANZANIA, UNITED REPUBLIC OF						2,195,492
THAILAND - 1.0%
	3,000,000	g	Bangkok Bank PCL		5.000		N/A‡		3,146,250
	2,750,000	g	PTTEP Treasury Center Co Ltd		3.903		12/06/59		3,112,317
			TOTAL THAILAND						6,258,567
TRINIDAD AND TOBAGO - 0.4%
	2,350,000	g	National Gas Company of Trinidad and Tobago Limited		6.050		01/15/36		2,496,898
			TOTAL TRINIDAD AND TOBAGO						2,496,898
TURKEY - 1.9%
	2,000,000	g	Akbank T.A.S.		6.800		02/06/26		2,130,842
	1,900,000	g	Akbank T.A.S.		7.200		03/16/27		1,915,200
	500,000	g	Akbank T.A.S.		6.797		04/27/28		494,640
	2,000,000	g	Turkiye Garanti Bankasi AS.		6.125		05/24/27		1,979,320
	3,000,000	g	Turkiye Vakiflar Bankasi TAO		6.500		01/08/26		3,099,647
	2,325,000	g	Ulker Biskuvi Sanayi AS.		6.950		10/30/25		2,522,067
			TOTAL TURKEY						12,141,716

302

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
UKRAINE - 1.5%
$	1,500,000	g	Kernel Holding S.A.		6.750	%	10/27/27	$	1,593,110
	450,000	g	Metinvest BV		7.650		10/01/27		484,425
	2,250,000	g	Metinvest BV		7.750		10/17/29		2,419,020
	2,000,000		NAK Naftogaz Ukraine via Kondor Finance plc		7.375		07/19/22		2,054,298
	2,000,000	g	NAK Naftogaz Ukraine via Kondor Finance plc		7.625		11/08/26		2,034,218
	1,200,000	g	Ukreximbank Via Biz Finance plc		9.750		01/22/25		1,301,740
			TOTAL UKRAINE						9,886,811
UNITED ARAB EMIRATES - 1.4%
	1,975,000	g	Abu Dhabi Crude Oil Pipeline LLC		4.600		11/02/47		2,399,822
	1,325,000	g	DAE Funding LLC		3.375		03/20/28		1,363,094
	2,100,000	g	DP World Ltd		5.625		09/25/48		2,621,955
	1,000,000	g	Galaxy Pipeline Assets Bidco Ltd		3.250		09/30/40		1,018,132
	2,000,000	g	MDGH-GMTN BV		3.700		11/07/49		2,200,000
			TOTAL UNITED ARAB EMIRATES						9,603,003
UNITED KINGDOM - 0.5%
	3,000,000	g	Standard Chartered plc		3.265		02/18/36		3,065,215
			TOTAL UNITED KINGDOM						3,065,215
ZAMBIA - 0.5%
	3,000,000	g	First Quantum Minerals Ltd		6.875		10/15/27		3,236,040
			TOTAL ZAMBIA						3,236,040
			TOTAL CORPORATE BONDS						303,566,522
			(Cost $292,002,708)
GOVERNMENT BONDS -  49.2%
ANGOLA - 1.0%
	2,250,000	g	Angolan Government International Bond		8.250		05/09/28		2,244,683
	1,775,000	g	Angolan Government International Bond		8.000		11/26/29		1,753,084
	2,500,000	g	Angolan Government International Bond		9.375		05/08/48		2,475,413
			TOTAL ANGOLA						6,473,180
ARGENTINA - 0.6%
	401,364		Argentina Republic Government International Bond		1.000		07/09/29		166,566
	2,988,760		Argentina Republic Government International Bond (Step Bond)		0.125		07/09/30		1,144,695
	5,134,989		Argentine Republic Government International Bond (Step Bond)		0.125		07/09/35		1,758,734
	2,650,000	†,g	Provincia de Buenos Aires		7.875		06/15/27		983,812
			TOTAL ARGENTINA						4,053,807
AZERBAIJAN - 0.6%
	3,023,000	g	Southern Gas Corridor CJSC		6.875		03/24/26		3,638,936
			TOTAL AZERBAIJAN						3,638,936
BAHRAIN - 0.9%
	1,500,000	g	Bahrain Government International Bond		4.250		01/25/28		1,504,298

303

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,950,000	g	Bahrain Government International Bond		5.625	%	09/30/31	$	2,001,285
	2,450,000	g	CBB International Sukuk Programme Co SPC		6.250		11/14/24		2,704,744
			TOTAL BAHRAIN						6,210,327
BARBADOS - 0.5%
	533	g	Barbados Government International Bond		6.500		02/01/21		533
	3,314,800	g	Barbados Government International Bond		6.500		10/01/29		3,331,374
			TOTAL BARBADOS						3,331,907
BENIN - 0.3%
EUR	1,000,000	g	Benin Government International Bond		4.875		01/19/32		1,202,970
	625,000	g	Benin Government International Bond		6.875		01/19/52		799,292
			TOTAL BENIN						2,002,262
BERMUDA - 0.5%
$	2,000,000	g	Bermuda Government International Bond		4.750		02/15/29		2,409,000
	595,000	g	Bermuda Government International Bond		2.375		08/20/30		615,825
			TOTAL BERMUDA						3,024,825
BRAZIL - 1.8%
BRL	9,475,000		Brazil Notas do Tesouro Nacional Serie F		10.000		01/01/25		1,731,732
	5,982,000		Brazil Notas do Tesouro Nacional Serie F		10.000		01/01/27		1,251,675
$	4,600,000		Brazilian Government International Bond		3.875		06/12/30		4,738,000
	2,050,000		Brazilian Government International Bond		5.625		02/21/47		2,288,825
	2,000,000		Brazilian Government International Bond		4.750		01/14/50		2,005,000
			TOTAL BRAZIL						12,015,232
CHINA - 0.6%
CNY	3,200,000		China Government International Bond		2.880		11/05/23		495,065
	2,400,000		China Government International Bond		2.360		07/02/23		367,030
	17,000,000		China Government International Bond		3.120		12/05/26		2,647,986
			TOTAL CHINA						3,510,081
COLOMBIA - 0.9%
$	2,500,000		Colombia Government International Bond		3.000		01/30/30		2,575,000
	2,000,000		Colombia Government International Bond		3.875		02/15/61		1,973,020
COP	3,495,000,000		Colombian TES		7.250		10/26/50		1,036,542
			TOTAL COLOMBIA						5,584,562
COSTA RICA - 0.3%
$	2,500,000	g	Costa Rica Government International Bond		5.625		04/30/43		2,230,000
			TOTAL COSTA RICA						2,230,000
COTE D’IVOIRE - 0.3%
	1,767,362	g	Ivory Coast Government International Bond (Step Bond)		5.750		12/31/32		1,791,664
			TOTAL COTE D’IVOIRE						1,791,664
DOMINICAN REPUBLIC - 2.5%
	3,425,000	g	Dominican Republic Government International Bond		6.875		01/29/26		4,048,350
DOP	22,500,000	g	Dominican Republic Government International Bond		9.750		06/05/26		413,590

304

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
DOP	27,000,000	g	Dominican Republic Government International Bond		11.250	%	02/05/27	$	536,635
	74,000,000	g	Dominican Republic Government International Bond		10.375		01/11/30		1,452,294
$	4,000,000	g	Dominican Republic Government International Bond		4.875		09/23/32		4,266,000
	3,060,000	g	Dominican Republic Government International Bond		7.450		04/30/44		3,841,830
	1,050,000	g	Dominican Republic Government International Bond		5.300		01/21/41		1,084,125
			TOTAL DOMINICAN REPUBLIC						15,642,824
ECUADOR - 0.9%
	744,229	g	Ecuador Government International Bond		0.000		07/31/30		320,026
	2,532,600	g	Ecuador Government International Bond (Step Bond)		0.500		07/31/30		1,348,609
	6,637,020	g	Ecuador Government International Bond (Step Bond)		0.500		07/31/35		3,019,844
	3,041,800	g	Ecuador Government International Bond (Step Bond)		0.500		07/31/40		1,323,183
	316,042	g	Petroamazonas EP		4.625		12/06/21		292,339
			TOTAL ECUADOR						6,304,001
EGYPT - 2.4%
EGP	12,500,000		Egypt Government International Bond		16.000		06/11/22		817,813
$	1,275,000	g	Egypt Government International Bond		5.750		05/29/24		1,372,951
	3,200,000	g	Egypt Government International Bond		6.588		02/21/28		3,471,073
	1,450,000	g	Egypt Government International Bond		7.600		03/01/29		1,632,629
EUR	500,000	g	Egypt Government International Bond		5.625		04/16/30		626,438
$	2,225,000	g	Egypt Government International Bond		7.053		01/15/32		2,376,145
	4,050,000	g	Egypt Government International Bond		8.500		01/31/47		4,456,062
	1,000,000	g	Egypt Government International Bond		8.150		11/20/59		1,059,404
			TOTAL EGYPT						15,812,515
EL SALVADOR - 0.5%
	3,100,000	g	El Salvador Government International Bond		7.625		02/01/41		2,983,750
			TOTAL EL SALVADOR						2,983,750
GHANA - 1.3%
GHS	2,965,000	g	Citigroup Global Markets Holdings, Inc		24.500		06/28/21		523,492
$	2,825,000	g	Ghana Government International Bond		8.125		03/26/32		2,957,637
	2,000,000	g	Ghana Government International Bond		8.627		06/16/49		2,004,720
	1,000,000	g	Ghana Government International Bond		8.750		03/11/61		1,001,702
GHS	6,658,000		Republic of Ghana Government Bonds		16.500		02/06/23		1,125,865
			TOTAL GHANA						7,613,416
GREECE - 0.6%
EUR	2,850,000	g	Hellenic Republic Government International Bond		2.000		04/22/27		3,815,996
			TOTAL GREECE						3,815,996
GUATEMALA - 0.9%
$	1,950,000	g	Guatemala Government International Bond		4.500		05/03/26		2,128,425
	1,275,000	g	Guatemala Government International Bond		5.375		04/24/32		1,510,875
	2,375,000	g	Guatemala Government International Bond		6.125		06/01/50		2,939,063
			TOTAL GUATEMALA						6,578,363

305

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
HONDURAS - 0.3%
$	1,525,000	g	Honduras Government International Bond		6.250	%	01/19/27	$	1,746,125
			TOTAL HONDURAS						1,746,125
INDIA - 0.9%
	3,000,000	g	Export-Import Bank of India		3.250		01/15/30		3,139,620
	2,700,000	g	Export-Import Bank of India		2.250		01/13/31		2,602,551
			TOTAL INDIA						5,742,171
INDONESIA - 1.0%
	1,275,000	g	Indonesia Government International Bond		4.625		04/15/43		1,527,660
IDR	12,000,000,000		Indonesia Treasury Bond		8.375		09/15/26		966,844
	8,730,000,000		Indonesia Treasury Bond		7.000		09/15/30		652,224
	21,300,000,000		Indonesia Treasury Bond		8.375		03/15/34		1,719,273
$	1,900,000	g	Perusahaan Penerbit SBSN Indonesia III		2.800		06/23/30		1,986,849
			TOTAL INDONESIA						6,852,850
IRAQ - 0.7%
	2,850,000	g	Iraq Government International Bond		6.752		03/09/23		2,788,220
	1,837,500	g	Iraq Government International Bond		5.800		01/15/28		1,727,434
			TOTAL IRAQ						4,515,654
ISRAEL - 0.5%
	2,350,000		State of Israel		3.375		01/15/50		2,558,586
	825,000		State of Israel		3.800		05/13/60		959,802
			TOTAL ISRAEL						3,518,388
JAMAICA - 1.4%
	500,000		Jamaica Government International Bond		7.625		07/09/25		587,500
	2,950,000		Jamaica Government International Bond		8.000		03/15/39		4,199,325
	3,135,000		Jamaica Government International Bond		7.875		07/28/45		4,412,513
			TOTAL JAMAICA						9,199,338
JORDAN - 0.8%
	3,050,000	g	Jordan Government International Bond		4.950		07/07/25		3,255,132
	2,000,000	g	Jordan Government International Bond		7.375		10/10/47		2,274,440
			TOTAL JORDAN						5,529,572
KAZAKHSTAN - 0.6%
	1,600,000	g	Kazakhstan Government International Bond		6.500		07/21/45		2,522,329
KZT	615,000,000	†	National Bank of Kazakhstan Notes		0.000		07/23/21		1,375,954
			TOTAL KAZAKHSTAN						3,898,283
KENYA - 1.0%
$	1,950,000	g	Kenya Government International Bond		6.875		06/24/24		2,153,348
	900,000	g	Kenya Government International Bond		7.000		05/22/27		994,706
	2,250,000	g	Kenya Government International Bond		8.000		05/22/32		2,596,119
	1,325,000	g	Kenya Government International Bond		8.250		02/28/48		1,502,497
			TOTAL KENYA						7,246,670

306

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
LEBANON - 0.2%
$	3,200,000	†,q	Lebanon Government International Bond		6.250	%	11/04/24	$	403,642
	3,800,000	†,q	Lebanon Government International Bond		6.850		03/23/27		482,775
			TOTAL LEBANON						886,417
MALAYSIA - 0.1%
MYR	1,900,000		Malaysia Government International Bond		3.828		07/05/34		494,356
			TOTAL MALAYSIA						494,356
MEXICO - 1.2%
MXN	38,600,000		Mexican Bonos		7.500		06/03/27		2,152,931
	41,700,000		Mexican Bonos		7.750		05/29/31		2,379,396
$	2,775,000		Mexico Government International Bond		4.750		04/27/32		3,235,650
			TOTAL MEXICO						7,767,977
MONGOLIA - 0.2%
	1,425,000	g	Mongolia Government International Bond		5.125		04/07/26		1,521,207
			TOTAL MONGOLIA						1,521,207
MOROCCO - 0.9%
	1,000,000	g	Morocco Government International Bond		2.375		12/15/27		1,003,947
	525,000	g	Morocco Government International Bond		3.000		12/15/32		528,915
	2,850,000	g	Morocco Government International Bond		5.500		12/11/42		3,519,750
	525,000	g	Morocco Government International Bond		4.000		12/15/50		535,346
			TOTAL MOROCCO						5,587,958
NIGERIA - 1.2%
	1,700,000	g	Nigeria Government International Bond		7.625		11/21/25		1,949,665
	3,475,000	g	Nigeria Government International Bond		6.500		11/28/27		3,746,781
	2,000,000	g	Nigeria Government International Bond		7.696		02/23/38		2,105,300
			TOTAL NIGERIA						7,801,746
OMAN - 1.6%
	1,500,000	g	Oman Government International Bond		5.375		03/08/27		1,553,096
	4,750,000	g	Oman Government International Bond		6.750		10/28/27		5,249,980
	1,500,000	g	Oman Government International Bond		6.250		01/25/31		1,590,114
	1,200,000	g	Oman Government International Bond		6.500		03/08/47		1,166,520
	1,025,000	g	Oman Government International Bond		6.750		01/17/48		1,009,379
			TOTAL OMAN						10,569,089
PAKISTAN - 0.5%
	3,200,000	g	Pakistan Government International Bond		6.875		12/05/27		3,422,297
			TOTAL PAKISTAN						3,422,297
PANAMA - 0.5%
	2,850,000		Panama Notas del Tesoro		3.750		04/17/26		3,116,190
			TOTAL PANAMA						3,116,190
PARAGUAY - 0.6%
	1,300,000	g	Paraguay Government International Bond		2.739		01/29/33		1,329,640
	1,900,000	g	Paraguay Government International Bond		5.400		03/30/50		2,360,750
			TOTAL PARAGUAY						3,690,390

307

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
PERU - 0.7%
$	3,000,000	g	Corp Financiera de Desarrollo S.A.		2.400	%	09/28/27	$	3,046,500
PEN	4,450,000	g	Peruvian Government International Bond		6.950		08/12/31		1,571,013
			TOTAL PERU						4,617,513
QATAR - 0.4%
$	2,150,000	g	Qatar Government International Bond		3.750		04/16/30		2,504,622
			TOTAL QATAR						2,504,622
REPUBLIC OF SERBIA - 0.7%
	2,725,000	g	Serbia Government International Bond		2.125		12/01/30		2,639,373
RSD	147,700,000		Serbia Treasury Bonds		4.500		08/20/32		1,679,753
			TOTAL REPUBLIC OF SERBIA						4,319,126
ROMANIA - 0.8%
RON	3,550,000		Romanian Government International Bond		4.150		01/26/28		974,855
$	3,380,000	g	Romanian Government International Bond		3.000		02/14/31		3,580,994
	1,400,000	g	Romanian Government International Bond		4.000		02/14/51		1,490,767
			TOTAL ROMANIA						6,046,616
RUSSIA - 1.2%
RUB	105,300,000		Russian Federal Bond-OFZ		7.100		10/16/24		1,475,394
	75,000,000		Russian Federal Bond-OFZ		7.950		10/07/26		1,096,234
	64,000,000		Russian Federal Bond-OFZ		7.650		04/10/30		931,789
$	1,200,000	g	Russian Foreign Bond - Eurobond		4.375		03/21/29		1,383,246
	2,800,000	g	Russian Foreign Bond - Eurobond		5.100		03/28/35		3,481,632
			TOTAL RUSSIA						8,368,295
RWANDA - 0.4%
	2,500,000	g	Rwanda Government International Bond		6.625		05/02/23		2,646,742
			TOTAL RWANDA						2,646,742
SAUDI ARABIA - 1.5%
	1,000,000	g	Saudi Government International Bond		2.900		10/22/25		1,075,640
	2,400,000	g	Saudi Government International Bond		3.250		10/26/26		2,633,712
	2,500,000	g	Saudi Government International Bond		2.250		02/02/33		2,470,026
	2,000,000	g	Saudi Government International Bond		3.750		01/21/55		2,111,640
	1,500,000	g	Saudi Government International Bond		3.450		02/02/61		1,488,149
			TOTAL SAUDI ARABIA						9,779,167
SENEGAL - 0.5%
	950,000	g	Senegal Government International Bond		6.250		05/23/33		1,042,378
	1,900,000	g	Senegal Government International Bond		6.750		03/13/48		2,026,065
			TOTAL SENEGAL						3,068,443
SOUTH AFRICA - 1.6%
	1,025,000		Republic of South Africa Government International Bond		5.650		09/27/47		979,131
	1,500,000		Republic of South Africa Government International Bond		5.750		09/30/49		1,442,898

308

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
ZAR	7,500,000		South Africa Government International Bond		10.500	%	12/21/26	$	584,996
$	3,000,000		South Africa Government International Bond		4.300		10/12/28		3,054,658
ZAR	59,300,000		South Africa Government International Bond		7.000		02/28/31		3,348,465
$	1,250,000		South Africa Government International Bond		5.375		07/24/44		1,178,890
			TOTAL SOUTH AFRICA						10,589,038
SRI LANKA - 0.4%
	1,850,000	g	Sri Lanka Government International Bond		6.850		11/03/25		1,143,134
	1,000,000	g	Sri Lanka Government International Bond		6.825		07/18/26		610,000
	1,650,000	g	Sri Lanka Government International Bond		7.550		03/28/30		990,000
			TOTAL SRI LANKA						2,743,134
SUPRANATIONAL - 0.3%
	2,000,000	g	Banque Ouest Africaine de Developpement		4.700		10/22/31		2,184,980
			TOTAL SUPRANATIONAL						2,184,980
THAILAND - 0.3%
THB	11,000,000		Thailand Government International Bond		2.875		12/17/28		416,590
	35,700,000		Thailand Government International Bond		3.400		06/17/36		1,486,355
			TOTAL THAILAND						1,902,945
TRINIDAD AND TOBAGO - 0.2%
	1,050,000	g	Trinidad & Tobago Government International Bond		4.500		06/26/30		1,120,245
			TOTAL TRINIDAD AND TOBAGO						1,120,245
TUNISIA - 0.2%
	1,100,000	g	Banque Centrale de Tunisie S.A.		5.750		01/30/25		1,002,121
			TOTAL TUNISIA						1,002,121
TURKEY - 2.4%
TRY	8,000,000		Turkey Government International Bond		10.600		02/11/26		1,001,469
$	2,000,000		Turkey Government International Bond		5.125		02/17/28		2,020,428
	2,500,000		Turkey Government International Bond		5.250		03/13/30		2,484,704
	1,500,000		Turkey Government International Bond		5.875		06/26/31		1,527,872
	4,350,000		Turkey Government International Bond		4.875		04/16/43		3,681,640
	1,250,000		Turkey Government International Bond		6.625		02/17/45		1,265,500
	3,000,000	g	Turkiye Ihracat Kredit Bankasi		5.375		10/24/23		3,041,402
			TOTAL TURKEY						15,023,015
UGANDA - 0.2%
UGX	4,800,000,000		Republic of Uganda Government Bonds		14.250		08/23/29		1,179,730
			TOTAL UGANDA						1,179,730
UKRAINE - 2.6%
UAH	6,914,000		Ukraine Government International Bond		18.000		03/24/21		248,267
	37,000,000		Ukraine Government International Bond		15.840		02/26/25		1,447,659
$	5,000,000	g	Ukraine Government International Bond		7.750		09/01/25		5,579,450
	1,450,000	g	Ukraine Government International Bond		9.750		11/01/28		1,758,548
EUR	1,425,000	g	Ukraine Government International Bond		4.375		01/27/30		1,643,062
$	3,500,000	g	Ukraine Government International Bond		7.253		03/15/33		3,722,838
	2,320,000	g	Ukraine Government International Bond		0.000		05/31/40		2,615,800
			TOTAL UKRAINE						17,015,624

309

TIAA-CREF FUNDS - Emerging Markets Debt Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
UNITED ARAB EMIRATES - 0.5%
$	3,000,000	g	Abu Dhabi Government International Bond			2.700	%	09/02/70	$	2,760,341
	1,000,000		Emirate of Dubai Government International Bonds			3.900		09/09/50		960,076
			TOTAL UNITED ARAB EMIRATES							3,720,417
URUGUAY - 1.3%
UYU	62,000,000		Uruguay Government International Bond			9.875		06/20/22		1,528,244
$	5,303,796		Uruguay Government International Bond			4.375		01/23/31		6,377,868
	700,000		Uruguay Government International Bond			4.975		04/20/55		933,632
			TOTAL URUGUAY							8,839,744
UZBEKISTAN - 1.0%
UZS	7,990,000,000	g	Republic of Uzbekistan Government International Bond			14.500		11/25/23		751,158
$	675,000	g	Republic of Uzbekistan Government International Bond			3.700		11/25/30		696,568
	4,550,000	g	Republic of Uzbekistan Government International Bond			5.375		02/20/29		5,205,780
			TOTAL UZBEKISTAN							6,653,506
ZAMBIA - 0.4%
	400,000	†,g	Zambia Government International Bond			5.375		09/20/22		203,144
	3,900,000	†,g	Zambia Government International Bond			8.500		04/14/24		2,066,376
	750,000	†,g	Zambia Government International Bond			8.970		07/30/27		390,000
			TOTAL ZAMBIA							2,659,520
			TOTAL GOVERNMENT BONDS							321,708,869
			(Cost $319,152,862)
STRUCTURED ASSETS -  0.5%
JERSEY, C.I. - 0.2%
	1,615,385	†,i	ARTS Ltd	LIBOR 3 M + 1.780%		1.997		09/15/21		1,591,154
			Series - 0 2016 53 (Class NOTE)
			TOTAL JERSEY, C.I.							1,591,154
SPAIN - 0.3%
	1,750,000	†,i	Garanti Diversified Payment Rights Finance Co	LIBOR 3 M + 3.172%		3.397		10/09/21		1,728,125
			Series - 0 2016 A (Class A)
			TOTAL SPAIN							1,728,125
			TOTAL STRUCTURED ASSETS							3,319,279
			(Cost $3,329,295)
			TOTAL BONDS							628,594,670
			(Cost $614,484,865)

310

TIAA-CREF FUNDS - Emerging Markets Debt Fund

							MATURITY
SHARES			COMPANY	RATE			DATE	VALUE
COMMON STOCKS -  0.1%
BRAZIL - 0.0%
$	151,162	*	Oi S.A. (ADR)					$	279,650
			TOTAL BRAZIL						279,650
			TOTAL COMMON STOCKS						279,650
			(Cost $1,044,572)
SHORT-TERM INVESTMENTS - 2.1%
EGYPT - 0.3%
EGP	26,900,000		Egypt Treasury Bill		12.826	%	05/18/21		1,652,288
			TOTAL EGYPT						1,652,288
REPURCHASE AGREEMENT - 1.9%
UNITED STATES - 1.9%
$	12,280,000	r	Fixed Income Clearing Corp (FICC)		0.040		02/01/21		12,280,000
			TOTAL UNITED STATES						12,280,000
			TOTAL REPURCHASE AGREEMENT						12,280,000
			TOTAL SHORT-TERM INVESTMENTS						13,932,288
			(Cost $13,927,426)
			TOTAL INVESTMENTS - 99.5%						650,189,733
			(Cost $636,644,609)
			OTHER ASSETS & LIABILITIES, NET - 0.5%						3,518,155
			NET ASSETS - 100.0%					$	653,707,888

Abbreviation(s):
ADR	American Depositary Receipt
BRL	Brazilian Real
CNY	Chinese Yuan
COP	Colombian Peso
DOP	Dominican Republic Peso
EGP	Egyptian Pound
EUR	Euro
GHS	Ghanaian Cedi
GMTN	Global Medium Term Note
IDR	Indonesian Rupiah
KZT	Kazakhstani Tenge
LIBOR	London Interbank Offered Rate
M	Month
MXN	Mexican Peso
MYR	Malaysian Ringgit
PEN	Peruvian Sol
RON	Romanian Leu
RSD	Serbian Dinar
RUB	Russian Ruble
THB	Thai Baht
TRY	Turkish Lira
UAH	Ukrainian Hryvnia
UGX	Ugandan Shilling
UYU	Uruguayan Peso
UZS	Uzbekistani so‘m
ZAR	South African Rand

311

TIAA-CREF FUNDS - Emerging Markets Debt Fund

*	Non-income producing
‡	Perpetual security
†	Security is categorized as Level 3 in the fair value hierarchy.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 01/31/2021, the aggregate value of these securities is $482,911,787 or 73.9% 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.
o	Payment in Kind Bond
q	In default
r	Agreement with Fixed Income Clearing Corp (FICC), 0.040% dated 01/31/21 to be repurchased at $12,280,000 on 02/01/21, collateralized by U.S. Treasury Notes valued at $12,525,671.

312

TIAA-CREF FUNDS - Emerging Markets Debt Fund

TIAA-CREF FUNDS

EMERGING MARKETS DEBT FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

			% OF
SECTOR	VALUE		NET ASSETS
GOVERNMENT	$	321,708,869		49.2	%
FINANCIALS		65,144,532		10.0
ENERGY		63,930,894		9.8
UTILITIES		42,969,542		6.6
INDUSTRIALS		35,517,269		5.4
MATERIALS		35,229,119		5.4
COMMUNICATION SERVICES		22,889,984		3.5
CONSUMER STAPLES		21,216,687		3.3
CONSUMER DISCRETIONARY		14,109,406		2.2
REAL ESTATE		8,037,375		1.2
ASSET BACKED SECURITIES		3,319,279		0.5
INFORMATION TECHNOLOGY		2,184,489		0.3
SHORT-TERM INVESTMENTS		13,932,288		2.1
OTHER ASSETS & LIABILITIES, NET		3,518,155		0.5
NET ASSETS	$	653,707,888		100.0	%

313

TIAA-CREF FUNDS - International Bond Fund

TIAA-CREF FUNDS

INTERNATIONAL BOND FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (unaudited)

January 31, 2021

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 1.1%
AUSTRALIA - 0.1%
$	389,254	i	Hamilton HoldCo LLC	LIBOR 3 M + 2.000%		2.260	%	01/02/27	$	386,334
			TOTAL AUSTRALIA							386,334
CANADA - 0.1%
	392,865	i	1011778 BC ULC	LIBOR 1 M + 1.750%		1.871		11/19/26		389,836
			TOTAL CANADA							389,836
IRELAND - 0.1%
	261,086	i	Avolon TLB Borrower US LLC	LIBOR 1 M + 1.750%		2.500		01/15/25		260,196
	347,375	i	Avolon TLB Borrower US LLC	LIBOR 1 M + 1.500%		2.250		02/12/27		344,721
			TOTAL IRELAND							604,917
LUXEMBOURG - 0.1%
	432,816	i	Ineos US Finance LLC	LIBOR 1 M + 2.000%		2.121		03/31/24		430,012
			TOTAL LUXEMBOURG							430,012
UNITED STATES - 0.7%
	336,425	i	American Airlines, Inc	LIBOR 1 M + 2.000%		2.127		12/14/23		311,907
	365,786	i	Bausch Health Americas, Inc	LIBOR 1 M + 3.000%		3.121		06/02/25		365,844
	267,770	i	Change Healthcare Holdings LLC	LIBOR 1 M + 2.500%		3.500		03/01/24		267,770
	316,688	i	Dell International LLC	LIBOR 1 M + 2.000%		2.750		09/19/25		317,109
	120,625	i	Endo Luxembourg Finance I Co Sarl	LIBOR 3 M + 4.250%		5.000		04/29/24		119,570
	487,342	i	Nielsen Finance LLC	LIBOR 1 M + 2.000%		2.133		10/04/23		485,651
	449,730	i	Plantronics, Inc	LIBOR 1 M + 2.500%		2.621		07/02/25		444,419
	339,128	i	Sabre GLBL, Inc	LIBOR 1 M + 2.000%		2.121		02/22/24		334,200
	415,787	i	Samsonite IP Holdings Sarl	LIBOR 1 M + 1.750%		1.871		04/25/25		411,480
	329,018	i	Team Health Holdings, Inc	LIBOR 1 M + 2.750%		3.750		02/06/24		306,809
			TOTAL UNITED STATES							3,364,759
			TOTAL BANK LOAN OBLIGATIONS							5,175,858
			(Cost $5,254,502)
BONDS - 94.4%
CORPORATE BONDS - 19.0%
AUSTRALIA - 0.2%
EUR	700,000	h,z	Australia & New Zealand Banking Group Ltd			0.669		05/05/31		848,253
			TOTAL AUSTRALIA							848,253
CANADA - 0.1%
	250,000	g	Fairfax Financial Holdings Ltd			2.750		03/29/28		333,211
			TOTAL CANADA							333,211

314

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
CHILE - 0.4%
$	300,000		Celulosa Arauco y Constitucion S.A.		3.875	%	11/02/27	$	330,000
	250,000	g	Celulosa Arauco y Constitucion S.A.		4.250		04/30/29		280,375
	200,000	g	Celulosa Arauco y Constitucion S.A.		4.200		01/29/30		225,000
	425,000	g	Corp Nacional del Cobre de Chile		3.625		08/01/27		475,524
	325,000	g	Corp Nacional del Cobre de Chile		3.150		01/15/51		318,372
	425,000	g	Embotelladora Andina S.A.		3.950		01/21/50		476,614
	200,000		Enel Chile S.A.		4.875		06/12/28		234,900
	200,000	g	Inversiones CMPC S.A.		3.850		01/13/30		221,500
			TOTAL CHILE						2,562,285
CHINA - 0.2%
	500,000	g	ENN Energy Holdings Ltd		2.625		09/17/30		502,747
	350,000		JD.com, Inc		3.375		01/14/30		379,603
EUR	125,000	g	Prosus NV		2.031		08/03/32		157,649
$	250,000	g	Tencent Holdings Ltd		3.975		04/11/29		281,622
			TOTAL CHINA						1,321,621
COLOMBIA - 0.2%
	350,000		Bancolombia S.A.		3.000		01/29/25		360,504
	300,000		Ecopetrol S.A.		5.375		06/26/26		340,800
	75,000		Ecopetrol S.A.		6.875		04/29/30		93,375
			TOTAL COLOMBIA						794,679
CZECH REPUBLIC - 0.1%
EUR	400,000	z	CEZ AS.		0.875		11/21/22		492,143
			TOTAL CZECH REPUBLIC						492,143
DENMARK - 0.1%
GBP	500,000		Danske Bank A.S.		2.250		01/14/28		710,730
			TOTAL DENMARK						710,730
FRANCE - 1.1%
EUR	600,000		Airbus SE		1.625		06/09/30		791,711
	250,000	g	Altice France S.A.		5.875		02/01/27		325,080
$	525,000	g	BNP Paribas S.A.		1.904		09/30/28		534,817
EUR	700,000	z	BPCE S.A.		0.250		01/14/31		841,988
	600,000		Electricite de France S.A.		2.000		10/02/30		840,240
	300,000	z	La Poste S.A.		0.625		01/18/36		363,736
GBP	700,000	z	Societe Generale S.A.		1.250		12/07/27		952,444
EUR	500,000	z	Societe Generale S.A.		0.500		06/12/29		601,323
			TOTAL FRANCE						5,251,339
GERMANY - 0.7%
$	700,000		Deutsche Bank AG.		2.129		11/24/26		710,328
EUR	750,000	g,o	IHO Verwaltungs GmbH		3.750		09/15/26		929,549
	600,000		Volkswagen Bank GmbH		2.500		07/31/26		813,291
GBP	800,000		Volkswagen International Finance NV		3.375		11/16/26		1,227,247
			TOTAL GERMANY						3,680,415

315

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
INDIA - 0.2%
$	200,000	g	Adani Ports & Special Economic Zone Ltd		3.375	%	07/24/24	$	208,844
	475,000	g	ICICI Bank Ltd		3.800		12/14/27		515,309
	200,000	g	Indian Railway Finance Corp Ltd		3.249		02/13/30		209,817
	250,000	z	Power Finance Corp Ltd		3.350		05/16/31		251,517
			TOTAL INDIA						1,185,487
INDONESIA - 0.1%
	225,000	g	Pelabuhan Indonesia III Persero PT		4.500		05/02/23		239,512
	200,000	g	Pertamina Persero PT		3.650		07/30/29		219,681
	225,000	g	Perusahaan Listrik Negara PT		4.875		07/17/49		253,125
			TOTAL INDONESIA						712,318
ISRAEL - 0.2%
	300,000	g	Bank Leumi Le-Israel BM		3.275		01/29/31		315,750
	625,000	g	Israel Electric Corp Ltd		4.250		08/14/28		712,185
			TOTAL ISRAEL						1,027,935
ITALY - 0.3%
	700,000	g	Intesa Sanpaolo S.p.A		5.710		01/15/26		792,719
	750,000	g	UniCredit S.p.A		2.569		09/22/26		760,343
			TOTAL ITALY						1,553,062
JAPAN - 0.5%
EUR	500,000	z	Mitsubishi UFJ Financial Group, Inc		0.872		09/07/24		625,592
	500,000	z	Sumitomo Mitsui Financial Group, Inc		0.819		07/23/23		621,228
	500,000	z	Takeda Pharmaceutical Co Ltd		3.000		11/21/30		744,538
	500,000		Takeda Pharmaceutical Co Ltd		1.375		07/09/32		648,707
			TOTAL JAPAN						2,640,065
KAZAKHSTAN - 0.2%
$	475,000	g	KazTransGas JSC		4.375		09/26/27		543,377
	400,000	g	Tengizchevroil Finance Co International Ltd		2.625		08/15/25		412,394
			TOTAL KAZAKHSTAN						955,771
KOREA, REPUBLIC OF - 0.2%
	200,000	g	Kookmin Bank		2.500		11/04/30		204,535
	400,000	g	POSCO		2.500		01/17/25		417,993
EUR	300,000	z	Shinhan Bank Co Ltd		0.250		10/16/24		368,779
$	250,000	z	SK Battery America, Inc		2.125		01/26/26		249,745
			TOTAL KOREA, REPUBLIC OF						1,241,052
LUXEMBOURG - 0.3%
EUR	350,000	g	INEOS Finance plc		2.875		05/01/26		430,005
	500,000	z	ProLogis International Funding II S.A.		2.375		11/14/30		724,804
			TOTAL LUXEMBOURG						1,154,809
MALAYSIA - 0.1%
$	250,000	z	Axiata Spv5 Labuan Ltd		3.064		08/19/50		248,333

316

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	g	Petronas Capital Ltd		3.500	%	04/21/30	$	224,864
			TOTAL MALAYSIA						473,197
MEXICO - 0.5%
	500,000	g	Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santand		5.375		04/17/25		572,225
	225,000	g	BBVA Bancomer S.A.		1.875		09/18/25		226,305
	300,000	g	Fresnillo plc		4.250		10/02/50		319,350
	200,000	g	Grupo Bimbo SAB de C.V.		4.700		11/10/47		239,779
EUR	200,000		Petroleos Mexicanos		1.875		04/21/22		240,584
$	500,000	g	Sigma Alimentos S.A. de C.V.		4.125		05/02/26		547,625
			TOTAL MEXICO						2,145,868
NETHERLANDS - 0.1%
EUR	375,000	g	OCI NV		3.125		11/01/24		464,438
			TOTAL NETHERLANDS						464,438
PANAMA - 0.1%
$	300,000	g	Banco General S.A.		4.125		08/07/27		335,628
			TOTAL PANAMA						335,628
PERU - 0.0%
	200,000	g	Credicorp Ltd		2.750		06/17/25		207,600
	200,000	g	Kallpa Generacion SA		4.125		08/16/27		216,910
			TOTAL PERU						424,510
PORTUGAL - 0.3%
EUR	1,000,000		EDP Finance BV		1.125		02/12/24		1,255,150
			TOTAL PORTUGAL						1,255,150
QATAR - 0.2%
$	300,000	z	QIB Sukuk Ltd		1.950		10/27/25		302,628
	300,000	z	QNB Finance Ltd		1.625		09/22/25		303,168
	250,000	z	QNB Finance Ltd		2.750		02/12/27		264,681
			TOTAL QATAR						870,477
RUSSIA - 0.2%
EUR	300,000	z	Gazprom OAO Via Gaz Capital S.A.		2.500		03/21/26		384,110
$	500,000	g	LUKOIL Securities BV		3.875		05/06/30		533,000
			TOTAL RUSSIA						917,110
SAUDI ARABIA - 0.2%
	250,000	g	SABIC Capital II BV		4.000		10/10/23		270,685
	275,000	g	Saudi Arabian Oil Co		2.250		11/24/30		274,663
	300,000	z	Saudi Electricity Global Sukuk Co 5		2.413		09/17/30		305,130
			TOTAL SAUDI ARABIA						850,478
SINGAPORE - 0.3%
	250,000	z	SingTel Group Treasury Pte Ltd		1.875		06/10/30		252,523
EUR	400,000	z	Temasek Financial I Ltd		0.500		11/20/31		489,468
$	500,000	z	United Overseas Bank Ltd		1.750		03/16/31		504,140
			TOTAL SINGAPORE						1,246,131

317

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SPAIN - 0.4%
EUR	600,000		Banco Bilbao Vizcaya Argentaria S.A.		6.000	%	N/A‡	$	800,943
$	800,000		Banco Santander S.A.		7.500		N/A‡		876,728
			TOTAL SPAIN						1,677,671
SWITZERLAND - 0.6%
EUR	750,000	z	Cloverie plc for Zurich Insurance Co Ltd		1.500		12/15/28		1,008,169
GBP	700,000	z	Credit Suisse Group AG.		2.250		06/09/28		1,009,602
EUR	600,000	z	UBS Group AG		0.250		11/05/28		725,893
			TOTAL SWITZERLAND						2,743,664
TANZANIA, UNITED REPUBLIC OF - 0.1%
$	450,000		AngloGold Ashanti Holdings plc		3.750		10/01/30		481,937
			TOTAL TANZANIA, UNITED REPUBLIC OF						481,937
THAILAND - 0.1%
	200,000	g,z	PTTEP Treasury Center Co Ltd		2.587		06/10/27		211,136
	300,000	g	Thaioil Treasury Center Co Ltd		2.500		06/18/30		300,868
			TOTAL THAILAND						512,004
UNITED ARAB EMIRATES - 0.4%
	200,000	g	DAE Funding LLC		3.375		03/20/28		205,750
	400,000	g	DP World Ltd		5.625		09/25/48		499,420
	500,000	z	EI Sukuk Co Ltd		1.827		09/23/25		501,444
GBP	300,000	z	First Abu Dhabi Bank PJSC		1.375		02/19/23		415,424
$	300,000	z	National Central Cooling Co PJSC		2.500		10/21/27		304,058
			TOTAL UNITED ARAB EMIRATES						1,926,096
UNITED KINGDOM - 1.5%
GBP	1,050,000		BAE Systems plc		4.125		06/08/22		1,507,081
EUR	800,000	z	Barclays plc		0.625		11/14/23		981,393
	1,000,000	z	Coca-Cola European Partners plc		1.500		11/08/27		1,318,555
GBP	750,000		HSBC Holdings plc		2.175		06/27/23		1,049,003
UGX	3,000,000,000	†,g	ICBC Standard Bank plc		14.250		06/26/34		723,267
EUR	750,000		Natwest Group plc		1.750		03/02/26		962,695
	750,000		RELX Capital, Inc		1.300		05/12/25		961,305
			TOTAL UNITED KINGDOM						7,503,299
UNITED STATES - 8.8%
	500,000	z	Abbott Ireland Financing DAC		1.500		09/27/26		657,089
	1,200,000		AbbVie, Inc		1.250		06/01/24		1,513,753
	150,000		AbbVie, Inc		2.625		11/15/28		214,454
	400,000	g	Adient Global Holdings Ltd		3.500		08/15/24		486,056
JPY	100,000,000		Aflac, Inc		0.550		03/12/30		925,852
EUR	575,000		American Honda Finance Corp		1.950		10/18/24		749,993
	300,000		American Tower Corp		1.375		04/04/25		381,759
	600,000		American Tower Corp		1.950		05/22/26		787,773
	1,000,000	z	Amphenol Technologies Holding GmbH		2.000		10/08/28		1,375,146
	600,000		Aon plc		2.875		05/14/26		829,133

318

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
EUR	1,125,000		Apple, Inc		1.375	%	05/24/29	$	1,511,444
	500,000		Aptiv plc		1.500		03/10/25		640,634
	300,000	g	Ashland Services BV		2.000		01/30/28		364,593
	500,000		AT&T, Inc		2.350		09/05/29		695,284
	500,000	g	Avantor Funding, Inc		3.875		07/15/28		637,127
	325,000		Ball Corp		0.875		03/15/24		396,010
	500,000	z	Bank of America Corp		1.662		04/25/28		658,929
	500,000	z	Bank of America Corp		0.654		10/26/31		613,975
	700,000		Becton Dickinson & Co		1.401		05/24/23		875,702
	670,000		Becton Dickinson & Co		1.900		12/15/26		880,626
	100,000		Capital One Financial Corp		0.800		06/12/24		124,110
	350,000		Chubb INA Holdings, Inc		0.875		06/15/27		444,189
	750,000		Chubb INA Holdings, Inc		1.550		03/15/28		992,009
	350,000		Chubb INA Holdings, Inc		1.400		06/15/31		463,062
	750,000	z	Citigroup, Inc		1.250		07/06/26		954,300
GBP	500,000	z	Citigroup, Inc		1.750		10/23/26		714,821
EUR	600,000		Coca-Cola Co		0.800		03/15/40		739,199
	700,000		Comcast Corp		0.250		05/20/27		860,982
	900,000		DH Europe Finance Sarl		1.200		06/30/27		1,162,161
GBP	100,000	z	Digital Stout Holding LLC		2.750		07/19/24		146,638
	200,000		Discovery Communications LLC		2.500		09/20/24		288,154
EUR	400,000		FedEx Corp		1.000		01/11/23		494,796
	500,000		FedEx Corp		1.625		01/11/27		660,189
	375,000		Fidelity National Information Services, Inc		1.100		07/15/24		472,109
GBP	600,000		Fiserv, Inc		3.000		07/01/31		938,411
EUR	400,000		Goldman Sachs Group, Inc		1.375		05/15/24		500,603
	500,000	z	Goldman Sachs Group, Inc		0.250		01/26/28		603,587
	1,000,000		Honeywell International, Inc		0.000		03/10/24		1,219,024
	600,000		International Business Machines Corp		0.650		02/11/32		750,634
	500,000	z	JPMorgan Chase & Co		1.638		05/18/28		659,295
	500,000		Kinder Morgan, Inc		2.250		03/16/27		674,340
	650,000		Liberty Mutual Group, Inc		2.750		05/04/26		891,285
	450,000	g	Liberty Mutual Group, Inc		2.750		05/04/26		617,043
	500,000		McDonald’s Corp		0.900		06/15/26		635,703
	600,000	z	Metropolitan Life Global Funding I		0.550		06/16/27		752,495
	670,000		Morgan Stanley		1.342		10/23/26		858,641
	400,000	g	OI European Group BV		3.125		11/15/24		501,669
	800,000		Parker-Hannifin Corp		1.125		03/01/25		1,014,562
	600,000		PepsiCo, Inc		0.500		05/06/28		751,601
$	1,075,000		Plains All American Pipeline LP		3.800		09/15/30		1,136,983
EUR	540,000		ProLogis Euro Finance LLC		0.375		02/06/28		667,170
	500,000	g	Scientific Games International, Inc		3.375		02/15/26		602,831
	400,000		Silgan Holdings, Inc		3.250		03/15/25		489,119
	450,000		Stryker Corp		2.625		11/30/30		657,895
	1,100,000		SYSCO Corp		1.250		06/23/23		1,369,868
	700,000		The Procter & Gamble Company		0.625		10/30/24		876,094
	500,000		The Procter & Gamble Company		1.875		10/30/38		761,223
	400,000		Verizon Communications, Inc		1.375		10/27/26		521,136
	400,000		Verizon Communications, Inc		1.875		10/26/29		549,967
	600,000		Walmart, Inc		2.550		04/08/26		828,181
			TOTAL UNITED STATES						43,541,411
			TOTAL CORPORATE BONDS						93,834,244
			(Cost $85,948,769)

319

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
GOVERNMENT BONDS - 75.4%
ARGENTINA - 0.0%
$	13,818		Argentina Republic Government International Bond		1.000	%	07/09/29	$	5,734
	397,700		Argentina Republic Government International Bond (Step Bond)		0.125		07/09/30		152,319
			TOTAL ARGENTINA						158,053
AUSTRALIA - 1.9%
AUD	975,000		Australia Government International Bond		1.000		12/21/30		737,738
	3,100,000	z	Australia Government International Bond		2.250		05/21/28		2,618,527
	4,100,000	z	Australia Government International Bond		1.000		11/21/31		3,076,577
	1,750,000	z	Australia Government International Bond		1.750		06/21/51		1,221,462
	1,715,000		Western Australian Treasury Corp		2.750		07/24/29		1,496,597
			TOTAL AUSTRALIA						9,150,901
BELGIUM - 0.5%
EUR	2,125,000	g	Kingdom of Belgium Government International Bond		0.000		10/22/27		2,669,967
			TOTAL BELGIUM						2,669,967
BERMUDA - 0.3%
$	950,000	g	Bermuda Government International Bond		4.750		02/15/29		1,144,275
	340,000	g	Bermuda Government International Bond		2.375		08/20/30		351,900
			TOTAL BERMUDA						1,496,175
BRAZIL - 0.6%
BRL	8,900,000		Brazil Notas do Tesouro Nacional Serie F		10.000		01/01/27		1,862,238
$	1,000,000		Brazilian Government International Bond		3.875		06/12/30		1,030,000
			TOTAL BRAZIL						2,892,238
CANADA - 2.0%
CAD	1,700,000	g	Canada Housing Trust No 1		2.550		12/15/23		1,413,948
	1,950,000		Canadian Government International Bond		1.500		02/01/22		1,546,428
	1,300,000		Canadian Government International Bond		5.000		06/01/37		1,596,273
	1,350,000		Hydro-Quebec		4.000		02/15/55		1,486,124
	1,600,000		Province of British Columbia Canada		2.550		06/18/27		1,376,832
	1,600,000		Province of New Brunswick Canada		3.100		08/14/28		1,419,937
	1,000,000		Province of Quebec Canada		2.750		09/01/27		869,521
			TOTAL CANADA						9,709,063
CHILE - 0.4%
CLP	760,000,000	g	Bonos de la Tesoreria de la Republica en pesos		2.300		10/01/28		1,038,625
EUR	650,000		Chile Government International Bond		1.250		01/22/51		768,043
			TOTAL CHILE						1,806,668

320

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
CHINA - 8.8%
CNY	46,700,000		China Government International Bond		2.880	%	11/05/23	$	7,224,854
	29,000,000		China Government International Bond		3.270		11/19/30		4,516,698
	3,300,000		China Government International Bond		3.810		09/14/50		516,643
	15,000,000		China Government International Bond		2.240		03/05/23		2,292,238
	27,700,000		China Government International Bond		2.360		07/02/23		4,236,136
	49,600,000		China Government International Bond		2.940		10/17/24		7,641,748
	60,500,000		China Government International Bond		3.120		12/05/26		9,423,714
	18,900,000		China Government International Bond		3.860		07/22/49		2,963,491
	30,000,000		China Government International Bond		3.390		03/16/50		4,340,139
			TOTAL CHINA						43,155,661
COTE D’IVOIRE - 0.3%
EUR	1,000,000	g	Ivory Coast Government International Bond		5.875		10/17/31		1,329,687
	100,000	g	Ivory Coast Government International Bond		4.875		01/30/32		124,511
			TOTAL COTE D’IVOIRE						1,454,198
CYPRUS - 1.1%
	1,300,000	z	Cyprus Government International Bond		2.375		09/25/28		1,834,668
	1,100,000	z	Cyprus Government International Bond		0.625		01/21/30		1,375,915
	575,000	z	Cyprus Government International Bond		2.750		02/26/34		886,209
	500,000	z	Cyprus Government International Bond		2.750		05/03/49		858,586
			TOTAL CYPRUS						4,955,378
DOMINICAN REPUBLIC - 0.5%
DOP	48,650,000	g	Dominican Republic Government International Bond		8.900		02/15/23		862,234
	15,000,000	g	Dominican Republic Government International Bond		9.750		06/05/26		275,727
$	750,000	g	Dominican Republic Government International Bond		4.875		09/23/32		799,875
			TOTAL DOMINICAN REPUBLIC						1,937,836
ECUADOR - 0.1%
	78,000	g	Ecuador Government International Bond		0.000		07/31/30		33,541
	236,250	g	Ecuador Government International Bond (Step Bond)		0.500		07/31/30		125,803
	619,125	g	Ecuador Government International Bond (Step Bond)		0.500		07/31/35		281,702
	283,750	g	Ecuador Government International Bond (Step Bond)		0.500		07/31/40		123,431
			TOTAL ECUADOR						564,477
EGYPT - 1.1%
	500,000	g	Egypt Government International Bond		4.550		11/20/23		519,009
	850,000	g	Egypt Government International Bond		5.750		05/29/24		915,301
EGP	16,250,000		Egypt Government International Bond		15.900		07/02/24		1,087,573
$	550,000	g	Egypt Government International Bond		5.250		10/06/25		586,632
EUR	900,000	g	Egypt Government International Bond		6.375		04/11/31		1,168,007
$	300,000	g	Egypt Government International Bond		7.053		01/15/32		320,379
	675,000	g	Egypt Government International Bond		8.500		01/31/47		742,677
			TOTAL EGYPT						5,339,578
FRANCE - 3.7%
EUR	4,500,000		French Republic Government Bond OAT		0.500		05/25/25		5,734,472
	3,775,000		French Republic Government Bond OAT		0.750		11/25/28		5,013,714
	1,850,000	g	French Republic Government Bond OAT		2.000		05/25/48		3,205,282
	910,000	g	French Republic Government Bond OAT		0.750		05/25/52		1,199,634

321

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
EUR	2,500,000	z	UNEDIC ASSEO		0.250	%	07/16/35	$	3,101,306
			TOTAL FRANCE						18,254,408
GERMANY - 0.6%
	2,350,000		Bundesrepublik Deutschland Bundesanleihe		0.000		02/15/30		3,005,908
			TOTAL GERMANY						3,005,908
GHANA - 0.6%
$	333,333	g	Ghana Government International Bond		9.250		09/15/22		351,934
	825,000	g	Ghana Government International Bond		8.125		03/26/32		863,735
	1,000,000	g	Ghana Government International Bond		8.627		06/16/49		1,002,360
GHS	4,300,000		Republic of Ghana Government Bonds		16.500		02/06/23		727,128
			TOTAL GHANA						2,945,157
GREECE - 1.8%
EUR	3,825,000	g	Hellenic Republic Government International Bond		1.875		07/23/26		5,068,634
	575,000	g	Hellenic Republic Government International Bond		3.875		03/12/29		879,342
	2,300,000	g	Hellenic Republic Government International Bond		1.500		06/18/30		2,994,599
			TOTAL GREECE						8,942,575
GUATEMALA - 0.2%
$	200,000	g	Guatemala Government International Bond		5.375		04/24/32		237,000
	775,000	g	Guatemala Government International Bond		6.125		06/01/50		959,062
			TOTAL GUATEMALA						1,196,062
HONDURAS - 0.0%
	200,000	g	Honduras Government International Bond		5.625		06/24/30		224,300
			TOTAL HONDURAS						224,300
HONG KONG - 0.1%
	475,000	g	Airport Authority		1.625		02/04/31		471,831
			TOTAL HONG KONG						471,831
HUNGARY - 0.7%
HUF	378,950,000		Hungary Government International Bond		1.500		04/22/26		1,288,416
EUR	600,000	z	Hungary Government International Bond		1.750		06/05/35		800,864
	850,000	z	Hungary Government International Bond		1.500		11/17/50		1,032,835
			TOTAL HUNGARY						3,122,115
ICELAND - 0.2%
	1,000,000	z	Iceland Government International Bond		0.000		04/15/28		1,201,827
			TOTAL ICELAND						1,201,827
INDIA - 0.0%
$	200,000		Export-Import Bank of India		3.875		03/12/24		214,715
	250,000	g	Export-Import Bank of India		2.250		01/13/31		240,977
			TOTAL INDIA						455,692
INDONESIA - 1.1%
EUR	1,000,000		Indonesia Government International Bond		1.100		03/12/33		1,218,913

322

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
IDR	13,000,000,000		Indonesia Treasury Bond		8.125	%	05/15/24	$	1,008,598
	22,800,000,000		Indonesia Treasury Bond		7.500		05/15/38		1,696,141
$	1,700,000	g	Perusahaan Penerbit SBSN Indonesia III		3.900		08/20/24		1,868,861
			TOTAL INDONESIA						5,792,513
ISRAEL - 1.2%
ILS	5,250,000		Israel Government International Bond		5.500		01/31/42		2,722,726
	3,200,000		Israel Government International Bond		3.750		03/31/47		1,348,275
$	1,250,000	z	State of Israel		3.800		05/13/60		1,454,246
			TOTAL ISRAEL						5,525,247
ITALY - 5.1%
EUR	3,300,000		Italy Buoni Poliennali Del Tesoro		0.050		04/15/21		4,008,616
	5,525,000		Italy Buoni Poliennali Del Tesoro		2.450		10/01/23		7,188,561
	3,950,000		Italy Buoni Poliennali Del Tesoro		1.250		12/01/26		5,096,318
	1,000,000		Italy Buoni Poliennali Del Tesoro		0.900		04/01/31		1,244,190
	300,000	g	Italy Buoni Poliennali Del Tesoro		0.950		03/01/37		357,892
	1,575,000	g	Italy Buoni Poliennali Del Tesoro		2.950		09/01/38		2,460,660
	900,000	g	Italy Buoni Poliennali Del Tesoro		3.450		03/01/48		1,577,994
	1,050,000	g	Italy Buoni Poliennali Del Tesoro		3.850		09/01/49		1,973,000
	950,000	g	Italy Buoni Poliennali Del Tesoro		1.700		09/01/51		1,199,860
			TOTAL ITALY						25,107,091
JAPAN - 15.7%
JPY	13,000,000		Japan Finance Organization for Municipalities		0.440		08/15/25		126,526
	21,000,000		Japan Finance Organization for Municipalities		0.320		01/19/26		203,494
	30,000,000		Japan Finance Organization for Municipalities		0.145		02/16/26		288,234
	14,000,000		Japan Finance Organization for Municipalities		0.020		05/22/26		133,609
	628,000,000		Japan Government Five Year Bond		0.100		06/20/23		6,027,306
	170,000,000		Japan Government Ten Year Bond		0.100		09/20/26		1,640,607
	557,000,000		Japan Government Ten Year Bond		0.100		06/20/28		5,379,355
	335,000,000		Japan Government Ten Year Bond		0.100		06/20/29		3,229,730
	322,000,000		Japan Government Ten Year Bond		0.100		09/20/29		3,102,194
	325,000,000		Japan Government Ten Year Bond		0.100		12/20/29		3,128,086
	210,000,000		Japan Government Ten Year Bond		0.100		03/20/30		2,019,876
	425,000,000		Japan Government Ten Year Bond		0.100		06/20/30		4,084,905
	513,000,000		Japan Government Ten Year Bond		0.100		09/20/30		4,926,583
	525,950,000		Japan Government Thirty Year Bond		2.500		09/20/34		6,556,561
	457,700,000		Japan Government Thirty Year Bond		0.500		09/20/46		4,273,711
	73,000,000		Japan Government Thirty Year Bond		0.600		09/20/50		684,945
	340,000,000		Japan Government Twenty Year Bond		2.100		03/20/26		3,613,140
	229,000,000		Japan Government Twenty Year Bond		1.800		09/20/31		2,580,585
	117,000,000		Japan Government Twenty Year Bond		1.700		03/20/32		1,312,719
	278,000,000		Japan Government Twenty Year Bond		0.600		12/20/36		2,768,098
	256,000,000		Japan Government Twenty Year Bond		0.500		06/20/38		2,491,883
	660,000,000		Japan Government Twenty Year Bond		0.700		09/20/38		6,628,752
	185,000,000		Japan Government Twenty Year Bond		0.300		06/20/39		1,726,477
	312,000,000		Japan Government Twenty Year Bond		0.400		09/20/40		2,944,866
	350,000,000		Japan Government Two Year Bond		0.100		03/01/22		3,349,517
	520,000,000		Japan Government Two Year Bond		0.100		12/01/22		4,984,916
			TOTAL JAPAN						78,206,675

323

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
KAZAKHSTAN - 0.2%
KZT	550,000,000	†	National Bank of Kazakhstan Notes		0.000	%	07/23/21	$	1,230,528
			TOTAL KAZAKHSTAN						1,230,528
KENYA - 0.3%
$	1,200,000	g	Kenya Government International Bond		7.000		05/22/27		1,326,274
			TOTAL KENYA						1,326,274
KOREA, REPUBLIC OF - 2.8%
	200,000		Export-Import Bank of Korea		3.000		11/01/22		208,815
	500,000	g	Korea Housing Finance Corp		2.000		10/11/21		505,326
KRW	3,290,000,000		Korea Treasury Bond		1.250		12/10/22		2,960,641
	2,220,000,000		Korea Treasury Bond		2.250		09/10/23		2,048,643
	3,800,000,000		Korea Treasury Bond		1.500		03/10/25		3,428,644
	1,800,000,000		Korea Treasury Bond		1.500		12/10/26		1,609,708
	1,200,000,000		Korea Treasury Bond		1.375		12/10/29		1,038,994
	2,815,000,000		Korea Treasury Bond		2.375		09/10/38		2,686,775
			TOTAL KOREA, REPUBLIC OF						14,487,546
LEBANON - 0.0%
$	1,400,000	†,q,z	Lebanon Government International Bond		6.850		03/23/27		177,864
			TOTAL LEBANON						177,864
MACEDONIA - 0.3%
EUR	1,050,000	g	North Macedonia Government International Bond		3.675		06/03/26		1,424,269
			TOTAL MACEDONIA						1,424,269
MALAYSIA - 0.3%
MYR	5,700,000		Malaysia Government International Bond		3.828		07/05/34		1,483,067
			TOTAL MALAYSIA						1,483,067
MEXICO - 0.7%
MXN	23,500,000		Mexican Bonos		5.750		03/05/26		1,203,763
	13,800,000		Mexican Bonos		7.750		05/29/31		787,426
$	1,300,000		Mexico Government International Bond		3.250		04/16/30		1,376,830
			TOTAL MEXICO						3,368,019
MOROCCO - 0.5%
EUR	850,000	g	Morocco Government International Bond		1.375		03/30/26		1,043,792
	1,100,000	g	Morocco Government International Bond		1.500		11/27/31		1,315,553
			TOTAL MOROCCO						2,359,345
NETHERLANDS - 0.2%
	550,000	g	Netherlands Government International Bond		2.750		01/15/47		1,168,727
			TOTAL NETHERLANDS						1,168,727
NEW ZEALAND - 0.6%
NZD	1,800,000		New Zealand Government International Bond		2.750		04/15/25		1,419,077
	1,700,000		New Zealand Government International Bond		3.000		04/20/29		1,422,210
			TOTAL NEW ZEALAND						2,841,287

324

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
NIGERIA - 0.3%
$	1,325,000	g	Nigeria Government International Bond		6.500	%	11/28/27	$	1,428,629
			TOTAL NIGERIA						1,428,629
NORWAY - 1.1%
NOK	9,000,000		City of Oslo Norway		2.050		10/31/24		1,086,989
	35,620,000	g	Norway Government International Bond		1.375		08/19/30		4,284,677
			TOTAL NORWAY						5,371,666
PANAMA - 0.2%
$	1,000,000		Panama Notas del Tesoro		3.750		04/17/26		1,093,400
			TOTAL PANAMA						1,093,400
PARAGUAY - 0.2%
	925,000	g	Paraguay Government International Bond		5.400		03/30/50		1,149,312
			TOTAL PARAGUAY						1,149,312
PERU - 0.5%
PEN	8,300,000	g	Peruvian Government International Bond		5.400		08/12/34		2,497,659
			TOTAL PERU						2,497,659
POLAND - 0.7%
PLN	11,905,000		Republic of Poland Government International Bond		2.750		10/25/29		3,638,156
			TOTAL POLAND						3,638,156
PORTUGAL - 0.8%
EUR	1,275,000	g	Portugal Obrigacoes do Tesouro OT		0.700		10/15/27		1,646,013
	1,800,000	g	Portugal Obrigacoes do Tesouro OT		1.950		06/15/29		2,556,731
			TOTAL PORTUGAL						4,202,744
REPUBLIC OF SERBIA - 1.0%
EUR	1,700,000	g	Serbia Government International Bond		1.500		06/26/29		2,111,244
$	600,000	g	Serbia Government International Bond		2.125		12/01/30		581,146
RSD	120,000,000		Serbia Treasury Bonds		5.875		02/08/28		1,490,678
	101,500,000		Serbia Treasury Bonds		4.500		08/20/32		1,154,333
			TOTAL REPUBLIC OF SERBIA						5,337,401
ROMANIA - 0.7%
RON	9,500,000		Romanian Government International Bond		4.150		01/26/28		2,608,768
EUR	800,000	g	Romanian Government International Bond		2.000		01/28/32		1,010,510
			TOTAL ROMANIA						3,619,278
RUSSIA - 0.2%
RUB	90,000,000		Russian Federal Bond-OFZ		4.500		07/16/25		1,143,412
			TOTAL RUSSIA						1,143,412
SAUDI ARABIA - 0.3%
$	375,000	g	Saudi Government International Bond		2.900		10/22/25		403,365
	750,000	g	Saudi Government International Bond		2.500		02/03/27		790,315
			TOTAL SAUDI ARABIA						1,193,680

325

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SENEGAL - 0.3%
EUR	1,000,000	g	Senegal Government International Bond		4.750	%	03/13/28	$	1,283,700
			TOTAL SENEGAL						1,283,700
SOUTH AFRICA - 0.5%
ZAR	10,700,000		South Africa Government International Bond		10.500		12/21/26		834,595
	16,500,000		South Africa Government International Bond		7.000		02/28/31		931,698
	7,800,000		South Africa Government International Bond		8.750		01/31/44		422,593
			TOTAL SOUTH AFRICA						2,188,886
SPAIN - 3.4%
EUR	1,100,000	z	Autonomous Community of Madrid Spain		1.571		04/30/29		1,493,911
	1,250,000	g	Spain Government International Bond		0.100		04/30/31		1,508,491
	4,600,000	g	Spain Government International Bond		2.750		10/31/24		6,261,915
	1,095,000	g	Spain Government International Bond		1.400		07/30/28		1,481,939
	1,875,000	g	Spain Government International Bond		0.600		10/31/29		2,396,282
	2,650,000	g	Spain Government International Bond		1.200		10/31/40		3,514,066
			TOTAL SPAIN						16,656,604
SUPRANATIONAL - 2.8%
$	750,000	z	African Export-Import Bank		5.250		10/11/23		823,517
INR	105,000,000		Asian Development Bank		6.200		10/06/26		1,492,537
$	1,250,000	g	Banque Ouest Africaine de Developpement		4.700		10/22/31		1,365,613
EUR	650,000	g	Banque Ouest Africaine de Developpement		2.750		01/22/33		808,922
AUD	2,150,000		Inter-American Development Bank		4.750		08/27/24		1,898,801
NZD	1,577,000		International Bank for Reconstruction & Development		3.375		01/25/22		1,166,802
AUD	4,100,000		International Bank for Reconstruction & Development		2.200		02/27/24		3,314,897
CAD	1,600,000		International Bank for Reconstruction & Development		1.900		01/16/25		1,317,011
GBP	700,000		International Finance Corp		0.250		12/15/25		961,734
			TOTAL SUPRANATIONAL						13,149,834
SWEDEN - 0.2%
SEK	9,000,000		Sweden Government International Bond		0.500		11/24/45		1,062,124
			TOTAL SWEDEN						1,062,124
THAILAND - 0.9%
THB	29,000,000		Thailand Government International Bond		2.000		06/17/42		996,927
	30,000,000		Thailand Government International Bond		1.450		12/17/24		1,034,069
	55,000,000		Thailand Government International Bond		3.300		06/17/38		2,254,926
			TOTAL THAILAND						4,285,922
TURKEY - 0.2%
TRY	7,800,000		Turkey Government International Bond		8.500		09/14/22		982,828
			TOTAL TURKEY						982,828

326

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
UKRAINE - 0.8%
UAH	31,000,000		Ukraine Government International Bond		17.000	%	05/11/22	$	1,167,027
EUR	1,000,000	g	Ukraine Government International Bond		6.750		06/20/26		1,325,959
	1,125,000	g	Ukraine Government International Bond		4.375		01/27/30		1,297,154
			TOTAL UKRAINE						3,790,140
UNITED ARAB EMIRATES - 0.4%
$	1,000,000	g	Abu Dhabi Government International Bond		2.700		09/02/70		920,114
	750,000	z	Dubai DOF Sukuk Ltd		2.763		09/09/30		768,014
	250,000	z	Emirate of Dubai Government International Bonds		3.900		09/09/50		240,019
			TOTAL UNITED ARAB EMIRATES						1,928,147
UNITED KINGDOM - 4.8%
GBP	2,425,000		United Kingdom Gilt		1.625		10/22/28		3,694,012
	2,720,000		United Kingdom Gilt		4.750		12/07/30		5,327,248
	3,350,000		United Kingdom Gilt		1.750		09/07/37		5,335,285
	2,000,000		United Kingdom Gilt		1.250		10/22/41		2,961,051
	3,035,000		United Kingdom Gilt		1.500		07/22/47		4,764,941
	1,260,000		United Kingdom Gilt		0.625		10/22/50		1,608,313
			TOTAL UNITED KINGDOM						23,690,850
URUGUAY - 0.3%
UYU	21,800,000	g	Uruguay Government International Bond		8.500		03/15/28		543,455
$	625,000		Uruguay Government International Bond		4.375		01/23/31		751,569
			TOTAL URUGUAY						1,295,024
UZBEKISTAN - 0.3%
	1,450,000	g	Republic of Uzbekistan Government International Bond		4.750		02/20/24		1,558,873
			TOTAL UZBEKISTAN						1,558,873
			TOTAL GOVERNMENT BONDS						372,156,789
			(Cost $344,603,540)
			TOTAL BONDS						465,991,033
			(Cost $430,552,309)
SHORT-TERM INVESTMENTS - 4.0%
EGYPT - 0.7%
EGP	52,700,000		Egypt Treasury Bill		12.439-12.632		02/16/21		3,342,855
			TOTAL EGYPT						3,342,855
UKRAINE - 0.2%
UAH	24,000,000		Ukraine Treasury Bill		0.000		10/27/21		787,114
			TOTAL UKRAINE						787,114
UNITED STATES - 2.9%
$	4,553,000		Federal Home Loan Bank (FHLB)		0.080		02/11/21		4,552,949
	10,000,000		FHLB		0.080		02/19/21		9,999,800
			TOTAL UNITED STATES						14,552,749

327

TIAA-CREF FUNDS - International Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
REPURCHASE AGREEMENT - 0.2%
UNITED STATES - 0.2%
$	1,000,000	r	Fixed Income Clearing Corp (FICC)		0.040	%	02/01/21	$	1,000,000
			TOTAL UNITED STATES						1,000,000
			TOTAL REPURCHASE AGREEMENT						1,000,000
			TOTAL SHORT-TERM INVESTMENTS						19,682,718
			(Cost $19,642,841)
			TOTAL INVESTMENTS - 99.5%						490,849,609
			(Cost $455,449,652)
			OTHER ASSETS & LIABILITIES, NET - 0.5%						2,670,179
			NET ASSETS - 100.0%					$	493,519,788

Abbreviation(s):
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CLP	Chilean Peso
CNY	Chinese Yuan
DOP	Dominican Republic Peso
EGP	Egyptian Pound
EUR	Euro
GBP	Pound Sterling
GHS	Ghanaian Cedi
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ILS	Israeli New Shekel
INR	Indian Rupee
JPY	Japanese Yen
KRW	South Korean Won
KZT	Kazakhstani Tenge
LIBOR	London Interbank Offered Rate
M	Month
MXN	Mexican Peso
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar
PEN	Peruvian Sol
PLN	Polish Zloty
RON	Romanian Leu
RSD	Serbian Dinar
RUB	Russian Ruble
SEK	Swedish Krona
THB	Thai Baht
TRY	Turkish Lira
UAH	Ukrainian Hryvnia
UGX	Ugandan Shilling
UYU	Uruguayan Peso
ZAR	South African Rand

328

TIAA-CREF FUNDS - International Bond Fund

‡	Perpetual security.
†	Security is categorized as Level 3 in the fair value hierarchy.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 01/31/2021, the aggregate value of these securities is $112,354,694 or 22.8% 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.
o	Payment in Kind Bond
q	In default
r	Agreement with Fixed Income Clearing Corp (FICC), 0.040% dated 01/31/21 to be repurchased at $1,000,000 on 02/01/2021, collateralized by U.S. Treasury Notes valued at $1,020,035.
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.

329

TIAA-CREF FUNDS - International Bond Fund

Forward foreign currency contracts outstanding as of January 31, 2021 were as follows:

Currency to be purchased	Receive		Currency to be sold	Deliver		Counterparty	Settlement date	Unrealized appreciation (depreciation)
$		638,506	AUD		821,540	Australia and New Zealand Banking Group	02/26/21	$	10,558
$		118,986	EUR		97,747	Australia and New Zealand Banking Group	02/26/21		303
$		108,569	EUR		91,082	Australia and New Zealand Banking Group	02/26/21		(2,022	)
$		336,228	EUR		275,260	Australia and New Zealand Banking Group	02/26/21		2,009
$		1,397,342	EUR		1,148,356	Australia and New Zealand Banking Group	02/26/21		3,018
$		716,819	EUR		590,908	Australia and New Zealand Banking Group	02/26/21		(657	)
$		1,108,834	EUR		912,300	Australia and New Zealand Banking Group	02/26/21		1,128
$		4,317,088	JPY		450,391,046	Australia and New Zealand Banking Group	02/26/21		16,281
$		3,970,194	NZD		5,680,706	Australia and New Zealand Banking Group	02/26/21		(111,997	)
Total								$	(81,379	)
$		2,143,862	THB		64,342,439	Bank of America	03/01/21	$	(5,682	)
JPY		86,145,109	$		825,733	Bank of America	02/26/21		(3,129	)
Total								$	(8,811	)
$		1,871,395	BRL		10,085,882	Citibank, N.A.	02/26/21	$	29,272
$		14,074,676	KRW		15,504,522,299	Citibank, N.A.	02/26/21		209,624
$		1,822,089	PLN		6,818,647	Citibank, N.A.	02/26/21		(8,926	)
Total								$	229,970
$		11,058,247	CAD		14,377,336	Morgan Stanley	02/26/21	$	(185,871	)
$		1,350,670	EUR		1,097,290	Morgan Stanley	02/26/21		18,350
$		902,673	EUR		741,498	Morgan Stanley	02/26/21		2,352
$		2,051,770	ILS		6,731,958	Morgan Stanley	03/01/21		571
$		61,666,227	JPY		6,427,474,504	Morgan Stanley	02/26/21		289,932
EUR		748,654	$		921,529	Morgan Stanley	02/26/21		(12,520	)
$		551,305	ZAR		8,362,260	Morgan Stanley	02/26/21		371
Total								$	113,185
$		11,411,379	AUD		15,540,486	Toronto Dominion Bank	02/26/21	$	(467,062	)
$		30,344,853	CNY		197,000,000	Toronto Dominion Bank	02/26/21		(138,224	)
$		1,141,227	EUR		943,481	Toronto Dominion Bank	02/26/21		-4,340
$		141,440,586	EUR		118,488,231	Toronto Dominion Bank	02/26/21		(2,426,887	)
$		338,076	EUR		274,369	Toronto Dominion Bank	02/26/21		4,939
$		720,858	EUR		592,415	Toronto Dominion Bank	02/26/21		1,553
$		1,122,782	EUR		912,318	Toronto Dominion Bank	02/26/21		15,052
$		726,208	GBP		546,763	Toronto Dominion Bank	02/26/21		(23,029	)
$		1,483,056	GBP		1,088,991	Toronto Dominion Bank	02/26/21		(9,203	)
$		943,825	GBP		697,662	Toronto Dominion Bank	02/26/21		(12,191	)
$		1,198,746	GBP		899,980	Toronto Dominion Bank	02/26/21		(34,509	)
$		27,224,483	GBP		20,356,770	Toronto Dominion Bank	02/26/21		(670,686	)
$		1,477,850	GBP		1,087,062	Toronto Dominion Bank	02/26/21		(11,766	)
$		5,004,398	JPY		522,391,073	Toronto Dominion Bank	02/26/21		16,058
$		5,306,895	NOK		47,034,324	Toronto Dominion Bank	02/26/21		(184,312	)
$		1,052,787	SEK		8,959,930	Toronto Dominion Bank	02/26/21		(19,720	)
KRW		1,549,120,000	$		1,390,280	Toronto Dominion Bank	02/26/21		(4,967	)
Total								$	(3,969,294	)
Total								$	(3,716,329	)

330

TIAA-CREF FUNDS - International Bond Fund

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

331

TIAA-CREF FUNDS - International Bond Fund

TIAA-CREF FUNDS

INTERNATIONAL BOND FUND

CONSOLIDATED SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

January 31, 2021

			% OF
SECTOR	VALUE		NET ASSETS
GOVERNMENT	$	371,347,868		75.3	%
FINANCIALS		35,676,892		7.2
INDUSTRIALS		9,773,146		2.0
HEALTH CARE		9,052,044		1.8
CONSUMER STAPLES		7,908,739		1.6
UTILITIES		6,757,113		1.4
INFORMATION TECHNOLOGY		6,468,552		1.3
MATERIALS		6,416,582		1.3
CONSUMER DISCRETIONARY		5,446,633		1.1
COMMUNICATION SERVICES		4,966,397		1.0
ENERGY		4,644,781		0.9
REAL ESTATE		2,708,144		0.6
SHORT-TERM INVESTMENTS		19,682,718		4.0
OTHER ASSETS & LIABILITIES, NET		2,670,179		0.5
NET ASSETS	$	493,519,788		100.0	%

332

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 related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report. For a full set of financial statement notes, please refer to the most recently filed annual or semiannual report.

Valuation of investments

The Funds’ investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Trustee’s (“Board”). Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

• Level 1 – Inputs are unadjusted and prices are determined using quoted prices inactive markets for identical securities.

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

• Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

As of January 31, 2021, 100% of the value of investments in the Large-Cap Growth Index Fund was valued based on Level 1 inputs.

Transfers between levels are recognized at the end of the reporting period. For the period ended January 31, 2021, the Emerging Markets Debt Fund has material transfers from Level 3 to Level 2 as a result of various market related factors. Please refer to the Level 3 reconciliation below.

The following table summarizes the market value of the Funds’ investments as of January 31, 2021, based on the inputs used to value them:

Fund	Level 1			Level 2		Level 3		Total
Growth & Income
Equity Investments:
Consumer discretionary	$	805,543,588		$	33,966,195	$	—	$	839,509,783
Consumer staples		336,926,522			32,030,491		—		368,957,013
Health care		736,887,914			74,676,480		—		811,564,394
Industrials		458,880,725			33,924,269		—		492,804,994
Utilities		65,138,964			22,738,203				87,877,167
All other equity investments*		3,133,570,259			—		—		3,133,570,259
Short-term investments		110,770			36,146,988		—		36,257,758
Purchased options**		876,480			—		—		876,480
Written options**		(13,821,988	)		—		—		(13,821,988	)
Total	$	5,524,113,234		$	233,482,626	$	—	$	5,757,595,860

333

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

Fund	Level 1			Level 2		Level 3		Total
Large-Cap Growth
Equity Investments:
Communication services	$	1,093,306,376		$	88,829,609	$	—	$	1,182,135,985
Consumer discretionary		1,197,499,219			132,639,856		—		1,330,139,075
Consumer Staples		312,313,486			27,982,881		—		340,296,367
Health care		725,825,179			128,771,949		—		854,597,128
Industrials		325,209,502			51,552,089		—		376,761,591
Information technology		2,232,597,488			58,946,021		—		2,291,543,509
All other equity investments *		102,004,703			—		—		102,004,703
Short-term investments		5,610,502			19,818,932		—		25,429,434
Total	$	5,994,366,455		$	508,541,337	$	—	$	6,502,907,792
Large-Cap Value
Equity Investments *	$	5,041,296,181		$	—	$	—	$	5,041,296,181
Short-term investments		—			18,260,867		—		18,260,867
Total	$	5,041,296,181		$	18,260,867	$	—	$	5,059,557,048
Mid-Cap Growth
Equity Investments:
Communication services	$	110,484,502		$	6,772,491	$	—	$	117,256,993
Consumer Discretionary		305,077,952			43,526,013		—		348,603,965
Consumer Staples		26,803,499			16,961,588		—		43,765,087
Industrials		128,695,908			11,290,531		—		139,986,439
Information Technology		520,753,025			31,224,459		—		551,977,484
All other equity investments*		422,443,382			—		—		422,443,382
Short-term investments		4,821,209			6,529,767		—		11,350,976
Total	$	1,519,079,477		$	116,304,849	$	—	$	1,635,384,326
Mid-Cap Value
Equity investments*	$	1,966,603,901		$	—	$	—	$	1,966,603,901
Short-term investments		—			3,035,000		—		3,035,000
Total	$	1,966,603,901		$	3,035,000	$	—	$	1,969,638,901
Quant Small-Cap Equity
Equity investments*	$	2,975,295,834		$	—	$	—		2,975,295,834
Short-term investments		50,677,802			4,879,945		—		55,557,747
Futures**		96,749			—		—		96,749
Total	$	3,026,070,385		$	4,879,945	$	—	$	3,030,950,330
Quant Small/Mid-Cap Equity
Equity Investments*	$	1,073,200,570		$	—	$	—	$	1,073,200,570
Short-term investments		2,361,658			3,095,000		—		5,456,658
Total	$	1,075,562,228		$	3,095,000	$	—	$	1,078,657,228
Social Choice Equity
Equity Investments:
Financials	$	700,671,304		$	—	$	3,382	$	700,674,686
All other Equity Investments *		5,524,877,502			—		—		5,524,877,502
Short-term investments		31,179,346			96,379,958		—		127,559,304
Futures**		(1,401,899	)		—		—		(1,401,899	)
Total	$	6,255,326,253		$	96,379,958	$	3,382	$	6,351,709,593
Social Choice Low Carbon Equity
Equity Investments:
Financials	$	67,520,929		$	—	$	131	$	67,521,060
All other Equity Investments *		507,209,592			—		—		507,209,592
Short-term investments		1,208,782			8,912,811		—		10,121,593
Futures**		(224,317	)		—		—		(224,317	)
Total	$	575,714,986		$	8,912,811	$	131	$	584,627,928

334

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

Fund	Level 1			Level 2		Level 3		Total
Emerging Markets Equity
Equity Investments:
Africa/Middle East	$	23,927,745		$	52,416,244	$	—	$	76,343,989
Asia		271,876,493			831,338,002		3,582		1,103,218,077
Europe		39,912,668			63,176,077		—		103,088,745
Latin America		126,153,457			175,344,543		—		301,498,000
All other equity investments*		17,155,389			—		—		17,155,389
Short-term investments		30,567,867			29,424,845		—		59,992,712
Total	$	509,593,619		$	1,151,699,711	$	3,582	$	1,661,296,912
International Equity
Equity Investments:
Asia	$	155,995,753		$	1,424,699,482	$	—	$	1,580,695,235
Europe		57,052,442			3,359,109,859		—		3,416,162,301
All other Equity Investments *		78,412,901			499,745,522		—		578,158,423
Short-term investments		—			179,202,336		—		179,202,336
Total	$	291,461,096		$	5,462,757,199	$	—	$	5,754,218,295
International Opportunities
Equity Investments:
Asia	$	66,327,691		$	434,441,541	$	—	$	500,769,232
Europe		—			1,075,333,079		1,725		1,075,334,804
Latin America		48,831,559			85,930,614		—		134,762,173
North America		20,016,611			139,502,029		—		159,518,640
All other Equity Investments *		—			153,904,032		—		153,904,032
Short-term investments		37,906,519			49,251,757		—		87,158,276
Total	$	173,082,380		$	1,938,363,052	$	1,725	$	2,111,447,157
Quant International Small-Cap Equity
Equity Investments:
Africa/Middle East	$	11,977,569		$	33,065,454	$	—	$	45,043,023
Asia		8,013,947			446,080,966		—		454,094,913
Europe		1,264,445			462,155,731		—		463,420,176
North America		21,991,641			63,048,073		—		85,039,714
All other Equity Investments *		—			102,768,833		—		102,768,833
Short-term investments		22,850,567			—		—		22,850,567
Total	$	66,098,169		$	1,107,119,057	$	—	$	1,173,217,226
Social Choice International Equity
Equity Investments:
Europe	$	5,241,688		$	391,847,812	$	—	$	397,089,500
All other Equity Investments *		—			256,151,977		—		256,151,977
Short-term investments		4,888,798			18,610,808		—		23,499,606
Futures**		(66,966	)		—		—		(66,966	)
Total	$	10,063,520		$	666,610,597	$	—	$	676,674,117
Equity Index
Equity investments:
Financials	$	3,213,025,104		$	—	$	4,176	$	3,213,029,280
Health care		4,358,176,804			—		84,460		4,358,261,264
Industrials		2,732,718,131			—		10,542		2,732,728,673
All other equity investments*		19,987,279,033			—		—		19,987,279,033
Short-term investments		72,743,560			194,226,681		—		266,970,241
Futures contracts**		(4,253,179	)		—		—		(4,253,179	)
Total	$	30,359,689,453		$	194,226,681	$	99,178	$	30,554,015,312

335

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

Fund	Level 1			Level 2		Level 3		Total
Large-Cap Value Index
Equity investments*	$	7,532,497,357		$	—	$	—	$	7,532,497,357
Short-term investments		19,527,668			4,830,000		—		24,357,668
Total	$	7,552,025,025		$	4,830,000	$	—	$	7,556,855,025
S&P 500 Index
Equity investments*	$	6,998,175,483		$	—	$	—	$	6,998,175,483
Short-term investments		4,686,260			13,846,974		—		18,533,234
Futures contracts**		(219,477	)		—		—		(219,477	)
Total	$	7,002,642,266		$	13,846,974	$	—	$	7,016,489,240
Small-Cap Blend Index
Equity investments:
Financials	$	641,140,003		$	—	$	8,640	$	641,148,643
Health care		903,205,989			—		106,394		903,312,383
Industrials		649,590,075			—		33,039		649,623,114
All other equity investments*		2,066,357,721			—		—		2,066,357,721
Short-term investments		143,525,851			—		—		143,525,851
Total	$	4,403,819,639		$	—	$	148,073	$	4,403,967,712
Emerging Markets Equity Index
Equity investments:
Africa/Middle East	$	—		$	233,669,265	$	—	$	233,669,265
Asia		545,134,787			2,620,356,730		63,423		3,165,554,940
Europe		35,081,102			79,829,507		—		114,910,609
Latin America		—			189,620,312		—		189,620,312
North America		82,840,875			—		—		82,840,875
All other equity investments*		13,849,078			395,763,369		795		409,613,242
Short-term investments		15,079,311			540,000		—		15,619,311
Total	$	691,985,153		$	3,519,779,183	$	64,218	$	4,211,828,554
International Equity Index
Equity investments:
Asia	$	3,422,580		$	4,433,720,011	$	—	$	4,437,142,591
Australasia		—			1,260,555,436		3,024		1,260,558,460
Europe		9,504,695			8,781,553,247		—		8,791,057,942
All other equity investments*		47,218,256			1,080,340,168		1,668		1,127,560,092
Short-term investments		18,875,449			64,653,705		—		83,529,154
Futures contracts**		(1,958,844	)		—		—		(1,958,844	)
Total	$	77,062,136		$	15,620,822,567	$	4,692	$	15,697,889,395
Emerging Markets Debt
Africa/Middle East	$	—		$	163,780,579	$	4,998,436	$	168,779,015
Asia		—			130,067,243		1,375,954		131,443,197
Europe		—			90,610,140		3,319,279		93,929,419
Latin America		279,650			228,004,641		11,636,542		239,920,833
All other debt investments*		—			2,184,981		—		2,184,981
Short-term investments		—			13,932,288		—		13,932,288
Total	$	279,650		$	628,579,872	$	21,330,211	$	650,189,733

336

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

Fund	Level 1		Level 2			Level 3		Total
International Bond
Africa/Middle East	$	—	$	32,129,763		$	177,864	$	32,307,627
Asia		—		160,185,427			1,230,528		161,415,955
Australasia		—		13,226,775			—		13,226,775
Europe		—		167,062,961			723,268		167,786,229
Latin America		—		25,942,192			—		25,942,192
North America		—		57,338,279			—		57,338,279
All other debt investments*		—		13,149,834			—		13,149,834
Short-term investments		—		19,682,718			—		19,682,718
Forward foreign currency contracts**		—		(3,716,329	)		—		(3,716,329	)
Total	$	—	$	485,001,620		$	2,131,660	$	487,133,280

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

The following table is reconciliation of the Emerging Markets Debt Fund’s invesments in which significant unobservable inputs (Level 3) were used in determining value:

	Investments
Balance as of October 31, 2020	$	23,258,282
Purchases		826,591
Sales		(2,461,429	)
Gains (losses)		(1,232,699	)
Change in unrealized appreciation (depreciation)		3,598,166
Transfers out of Level 3		(2,658,700	)
Balance as of January 31, 2021	$	21,330,211

The following table summarizes the significant unobservable inputs used to value Level 3 investments in the Emerging Markets Debt Fund as of January 31, 2021:

Fund	Fair value as of January 31, 2021		Valuation technique	Unobservable input	Range (weighted average)§
Bank loan obligations	$	7,383,125	Broker quote	*
Corporate bonds		4,722,103	Recent market transaction	Discount	39.0%-99.3% (61.7%)
Government bonds		1,375,954	Broker quote	*
Government bonds		4,529,750	Recent market transaction	Discount	47.0%-87.4% (48.2%)
Structured assets		3,319,279	Broker quote	*
Total	$	21,330,211

*	Single source broker quote.
§	Unobservable inputs were weighted by the relative fair value of the instruments.

A12448-A (3/21)

337