Portfolio

of

investments

(unaudited)

Growth

&

Income

Fund

July

31,

2022

1

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

100.2%

AUTOMOBILES

&

COMPONENTS

-

1

.2

%

61,962

*,n

Tesla,

Inc

$

55,236,025‌

67,789

*

Visteon

Corp

8,648,520‌

TOTAL

AUTOMOBILES

&

COMPONENTS

63,884,545‌

BANKS

-

4

.4

%

1,767,985

Bank

of

America

Corp

59,775,573‌

162,824

Comerica,

Inc

12,662,823‌

882,085

Fifth

Third

Bancorp

30,096,740‌

121,974

First

Republic

Bank

19,846,390‌

377,390

JPMorgan

Chase

&

Co

43,535,710‌

206,547

M&T

Bank

Corp

36,651,765‌

975,562

Wells

Fargo

&

Co

42,797,905‌

TOTAL

BANKS

245,366,906‌

CAPITAL

GOODS

-

6

.9

%

102,057

Acuity

Brands,

Inc

18,615,197‌

240,474

*,n

Boeing

Co

38,309,913‌

110,251

Carlisle

Cos,

Inc

32,645,321‌

94,136

Deere

&

Co

32,305,592‌

215,351

Dover

Corp

28,788,122‌

249,121

Eaton

Corp

36,967,065‌

136,308

Honeywell

International,

Inc

26,233,838‌

577,480

Ingersoll

Rand,

Inc

28,758,504‌

256,405

Otis

Worldwide

Corp

20,043,179‌

184,480

Quanta

Services,

Inc

25,592,910‌

513,667

Raytheon

Technologies

Corp

47,878,901‌

237,680

n

Spirit

Aerosystems

Holdings,

Inc

(Class

A)

7,800,658‌

435,834

Textron,

Inc

28,608,144‌

17,703

*

TransDigm

Group,

Inc

11,017,285‌

TOTAL

CAPITAL

GOODS

383,564,629‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.9

%

71,920

Thomson

Reuters

Corp

8,075,177‌

265,912

Waste

Management,

Inc

43,758,479‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

51,833,656‌

CONSUMER

DURABLES

&

APPAREL

-

1

.1

%

27,039

*

Deckers

Outdoor

Corp

8,468,885‌

1,072,649

*

Mattel,

Inc

24,885,457‌

244,623

n

Nike,

Inc

(Class

B)

28,112,075‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

61,466,417‌

CONSUMER

SERVICES

-

1

.6

%

134,857

*,n

Airbnb,

Inc

14,966,430‌

6,483

*,n

Booking

Holdings,

Inc

12,549,078‌

56,067

Churchill

Downs,

Inc

11,762,857‌

219,497

Darden

Restaurants,

Inc

27,325,182‌

136,215

Marriott

International,

Inc

(Class

A)

21,633,666‌

TOTAL

CONSUMER

SERVICES

88,237,213‌

DIVERSIFIED

FINANCIALS

-

3

.0

%

195,465

American

Express

Co

30,105,519‌

86,109

CME

Group,

Inc

17,177,024‌

575,764

Equitable

Holdings,

Inc

16,368,971‌

1,001,000

*

Grab

Holdings

Ltd.

2,952,950‌

621,971

Morgan

Stanley

52,432,155‌

117,427

S&P

Global,

Inc

44,261,759‌

TOTAL

DIVERSIFIED

FINANCIALS

163,298,378‌

Portfolio

of

investments

(unaudited)

Growth

&

Income

Fund

July

31,

2022

2

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY

-

4

.9

%

256,813

n

Cheniere

Energy,

Inc

$

38,414,089‌

590,666

ConocoPhillips

57,548,588‌

179,388

EOG

Resources,

Inc

19,951,533‌

702,623

EQT

Corp

30,936,491‌

686,789

Exxon

Mobil

Corp

66,570,458‌

186,858

Helmerich

&

Payne,

Inc

8,651,525‌

216,890

Hess

Corp

24,393,618‌

282,623

*,n

Peabody

Energy

Corp

5,932,257‌

248,682

Schlumberger

Ltd

9,208,694‌

94,249

Valero

Energy

Corp

10,439,962‌

TOTAL

ENERGY

272,047,215‌

FOOD

&

STAPLES

RETAILING

-

1

.4

%

847,424

Albertsons

Cos,

Inc

22,753,334‌

405,190

Walmart,

Inc

53,505,340‌

TOTAL

FOOD

&

STAPLES

RETAILING

76,258,674‌

FOOD,

BEVERAGE

&

TOBACCO

-

4

.8

%

7,822

*,n

Boston

Beer

Co,

Inc

(Class

A)

2,975,723‌

223,031

*

Bunge

Ltd

20,592,452‌

487,990

Coca-Cola

Co

31,314,318‌

116,472

Hershey

Co

26,550,957‌

301,957

Lamb

Weston

Holdings,

Inc

24,053,895‌

644,890

Mondelez

International,

Inc

41,298,756‌

395,911

*,n

Monster

Beverage

Corp

39,440,654‌

373,068

PepsiCo,

Inc

65,271,977‌

56,603

Pernod-Ricard

S.A.

11,119,339‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

262,618,071‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

6

.6

%

334,450

Abbott

Laboratories

36,401,538‌

68,135

*

Acadia

Healthcare

Co,

Inc

5,649,073‌

197,457

*

Boston

Scientific

Corp

8,105,610‌

446,825

*

Centene

Corp

41,541,320‌

438,741

*,n

Dexcom,

Inc

36,011,861‌

257,774

*,n

Edwards

Lifesciences

Corp

25,916,598‌

83,650

Elevance

Health,

Inc

39,909,415‌

336,643

*

Envista

Holdings

Corp

13,684,538‌

88,121

n

HCA

Healthcare,

Inc

18,718,663‌

110,771

STERIS

plc

24,995,476‌

213,861

UnitedHealth

Group,

Inc

115,985,375‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

366,919,467‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.6

%

286,944

Colgate-Palmolive

Co

22,593,971‌

103,817

n

Estee

Lauder

Cos

(Class

A)

28,352,423‌

269,850

Procter

&

Gamble

Co

37,484,863‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

88,431,257‌

INSURANCE

-

3

.5

%

188,218

Allstate

Corp

22,015,859‌

736,300

American

International

Group,

Inc

38,118,251‌

191,399

Chubb

Ltd

36,105,507‌

612,446

Hartford

Financial

Services

Group,

Inc

39,484,394‌

85,960

Marsh

&

McLennan

Cos,

Inc

14,094,002‌

683,202

Metlife,

Inc

43,212,526‌

TOTAL

INSURANCE

193,030,539‌

MATERIALS

-

3

.4

%

62,058

Air

Products

&

Chemicals,

Inc

15,404,657‌

77,320

Avery

Dennison

Corp

14,726,367‌

Portfolio

of

investments

(unaudited)

Growth

&

Income

Fund

July

31,

2022

3

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

798,441

n

Corteva,

Inc

$

45,950,280‌

240,824

Dow,

Inc

12,814,245‌

302,167

DuPont

de

Nemours,

Inc

18,501,685‌

161,034

Linde

plc

48,632,268‌

160,393

Nutrien

Ltd

13,739,264‌

303,055

Sealed

Air

Corp

18,522,722‌

TOTAL

MATERIALS

188,291,488‌

MEDIA

&

ENTERTAINMENT

-

6

.6

%

1,827,520

*

Alphabet,

Inc

(Class

C)

213,161,933‌

307,717

*

Meta

Platforms,

Inc

48,957,775‌

33,650

*,n

Netflix,

Inc

7,567,885‌

24,700

Nintendo

Co

Ltd

11,045,174‌

413,391

n

Paramount

Global

(Class

B)

9,776,697‌

4,050

*,n

Snap,

Inc

40,014‌

190,843

*,n

Take-Two

Interactive

Software,

Inc

25,330,591‌

473,818

*,n

Walt

Disney

Co

50,272,090‌

TOTAL

MEDIA

&

ENTERTAINMENT

366,152,159‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.8

%

488,450

AbbVie,

Inc

70,097,460‌

314,281

*,e,n

Axsome

Therapeutics,

Inc

12,128,104‌

571,192

Bristol-Myers

Squibb

Co

42,142,546‌

191,388

Danaher

Corp

55,783,860‌

193,800

Eli

Lilly

&

Co

63,893,922‌

253,204

*

Horizon

Therapeutics

Plc

21,008,336‌

77,444

*

IQVIA

Holdings,

Inc

18,607,470‌

441,099

Johnson

&

Johnson

76,980,597‌

293,093

Merck

&

Co,

Inc

26,184,929‌

225,209

Sanofi-Aventis

22,379,811‌

86,233

*,n

Seagen,

Inc

15,520,215‌

43,083

*

Vertex

Pharmaceuticals,

Inc

12,080,904‌

68,151

West

Pharmaceutical

Services,

Inc

23,413,958‌

146,708

Zoetis,

Inc

26,781,545‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

487,003,657‌

REAL

ESTATE

-

2

.2

%

116,486

American

Tower

Corp

31,547,903‌

71,768

AvalonBay

Communities,

Inc

15,354,046‌

202,902

Prologis,

Inc

26,896,689‌

184,277

Rexford

Industrial

Realty,

Inc

12,053,559‌

157,577

Simon

Property

Group,

Inc

17,119,165‌

191,481

Welltower,

Inc

16,532,470‌

TOTAL

REAL

ESTATE

119,503,832‌

RETAILING

-

5

.5

%

102,471

Advance

Auto

Parts,

Inc

19,840,435‌

1,400,893

*,n

Amazon.com,

Inc

189,050,511‌

290,605

*

Children's

Place,

Inc

12,594,821‌

130,132

n

Home

Depot,

Inc

39,161,924‌

50,056

Target

Corp

8,178,149‌

571,707

TJX

Companies,

Inc

34,965,600‌

TOTAL

RETAILING

303,791,440‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

5

.0

%

516,095

*,n

Advanced

Micro

Devices,

Inc

48,755,495‌

67,439

ASML

Holding

NV

38,739,659‌

108,185

Broadcom,

Inc

57,930,904‌

431,498

Marvell

Technology,

Inc

24,025,808‌

58,882

n

Monolithic

Power

Systems,

Inc

27,363,643‌

280,819

n

NVIDIA

Corp

51,005,155‌

Portfolio

of

investments

(unaudited)

Growth

&

Income

Fund

July

31,

2022

4

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

120,782

QUALCOMM,

Inc

$

17,520,637‌

137,950

*,n

Wolfspeed,

Inc

11,491,235‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

276,832,536‌

SOFTWARE

&

SERVICES

-

12

.6

%

102,031

Accenture

plc

31,248,014‌

264,260

Mastercard,

Inc

(Class

A)

93,492,546‌

1,229,423

n

Microsoft

Corp

345,148,213‌

657,648

Oracle

Corp

51,191,320‌

32,481

*,n

Palo

Alto

Networks,

Inc

16,211,267‌

300,407

*,n

Salesforce,

Inc

55,280,896‌

71,470

*,n

ServiceNow,

Inc

31,922,790‌

95,270

*,n

Synopsys,

Inc

35,011,725‌

165,969

Visa,

Inc

(Class

A)

35,203,685‌

TOTAL

SOFTWARE

&

SERVICES

694,710,456‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

9

.6

%

2,407,024

Apple,

Inc

391,165,470‌

269,146

*

Calix,

Inc

15,352,088‌

472,595

*

Ciena

Corp

24,385,902‌

434,634

Cisco

Systems,

Inc

19,719,345‌

793,847

Juniper

Networks,

Inc

22,251,532‌

697,204

*,n

Stratasys

Ltd

14,355,430‌

258,666

TE

Connectivity

Ltd

34,591,404‌

27,656

*

Teledyne

Technologies,

Inc

10,824,558‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

532,645,729‌

TELECOMMUNICATION

SERVICES

-

0

.6

%

1,599,068

AT&T,

Inc

30,030,497‌

TOTAL

TELECOMMUNICATION

SERVICES

30,030,497‌

TRANSPORTATION

-

1

.5

%

109,518

DSV

AS

18,453,882‌

65,768

FedEx

Corp

15,329,863‌

388,691

Knight-Swift

Transportation

Holdings,

Inc

21,358,570‌

115,556

Union

Pacific

Corp

26,265,879‌

TOTAL

TRANSPORTATION

81,408,194‌

UTILITIES

-

2

.5

%

148,044

Ameren

Corp

13,785,857‌

400,337

American

Electric

Power

Co,

Inc

39,457,215‌

172,709

Evergy,

Inc

11,789,116‌

454,639

NextEra

Energy,

Inc

38,412,449‌

312,469

Public

Service

Enterprise

Group,

Inc

20,519,839‌

326,553

RWE

AG.

13,433,720‌

TOTAL

UTILITIES

137,398,196‌

TOTAL

COMMON

STOCKS

5,534,725,151‌

(Cost

$3,470,348,561)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.6%

GOVERNMENT

AGENCY

DEBT

-

0

.5

%

$

27,760,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/01/22

27,760,000‌

TOTAL

GOVERNMENT

AGENCY

DEBT

27,760,000‌

Portfolio

of

investments

(unaudited)

Growth

&

Income

Fund

July

31,

2022

5

TIAA-CREF

Funds

continued

SHARES

COMPANY

RATE

VALUE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.1

%

4,451,299

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

$

4,451,299‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

4,451,299‌

TOTAL

SHORT-TERM

INVESTMENTS

32,211,299‌

(Cost

$32,211,299)

TOTAL

INVESTMENTS

-

100.8%

5,566,936,450‌

(Cost

$3,502,559,860)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.8)%

(

41,833,035‌

)

NET

ASSETS

-

100.0%

$

5,525,103,415‌

*

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

$8,814,844.

n

All

or

a

portion

of

these

securities

have

been

segregated

by

the

custodian

to

cover

requirements

on

open

written

options

contracts.

Written

options

outstanding

as

of

July

31,

2022

were

as

follows:

Description/underlying

investment

Number

of

contracts

Notional

amount

Exercise

price

Expiration

date

Value

Advanced

Micro

Devices,

Inc,

Call

400

$

(

163,185‌

)

$

95

.00‌

10/21/22

$

(

360,400‌

)

Advanced

Micro

Devices,

Inc,

Put

400

(

183,184‌

)

65

.00‌

10/21/22

(

39,200‌

)

Airbnb,

Inc,

Call

380

(

83,207‌

)

130

.00‌

09/16/22

(

107,540‌

)

Amazon.com,

Inc,

Call

330

(

99,318‌

)

130

.00‌

09/16/22

(

326,700‌

)

Ambarella,

Inc,

Put

290

(

962,207‌

)

115

.00‌

01/20/23

(

955,550‌

)

Aptiv

plc,

Put

165

(

104,321‌

)

95

.00‌

11/18/22

(

99,000‌

)

Aptiv

plc,

Put

165

(

192,742‌

)

97

.50‌

11/18/22

(

112,200‌

)

Arcturus

Therapeutics

Holdings,

Inc,

Put

500

(

623,982‌

)

30

.00‌

01/20/23

(

760,000‌

)

Axsome

Therapeutics,

Inc,

Call

900

(

313,167‌

)

55

.00‌

08/19/22

(

123,300‌

)

Axsome

Therapeutics,

Inc,

Call

840

(

569,482‌

)

50

.00‌

12/16/22

(

625,800‌

)

Axsome

Therapeutics,

Inc,

Put

220

(

263,552‌

)

30

.00‌

09/16/22

(

96,800‌

)

Axsome

Therapeutics,

Inc,

Put

1,260

(

808,025‌

)

30

.00‌

12/16/22

(

793,800‌

)

Boeing

Co,

Put

270

(

424,692‌

)

160

.00‌

09/16/22

(

258,660‌

)

Booking

Holdings,

Inc,

Call

22

(

26,597‌

)

2,100

.00‌

08/19/22

(

55,286‌

)

Boston

Beer

Co,

Inc,

Call

130

(

337,728‌

)

370

.00‌

12/16/22

(

658,450‌

)

Boston

Beer

Co,

Inc,

Put

52

(

895,314‌

)

500

.00‌

12/16/22

(

642,460‌

)

CF

Industries

Holdings,

Inc,

Put

39

(

15,178‌

)

77

.50‌

08/19/22

(

2,145‌

)

CF

Industries

Holdings,

Inc,

Put

430

(

279,051‌

)

72

.50‌

11/18/22

(

96,750‌

)

Cheniere

Energy,

Inc,

Put

250

(

89,856‌

)

110

.00‌

08/19/22

(

3,750‌

)

Cheniere

Energy,

Inc,

Put

90

(

44,774‌

)

115

.00‌

08/19/22

(

1,350‌

)

Cloudflare,

Inc,

Put

225

(

257,230‌

)

95

.00‌

11/18/22

(

1,015,875‌

)

Corteva,

Inc,

Call

650

(

109,178‌

)

60

.00‌

12/16/22

(

224,250‌

)

Corteva,

Inc,

Put

650

(

248,925‌

)

50

.00‌

12/16/22

(

112,125‌

)

Crowdstrike

Holdings,

Inc,

Put

200

(

456,984‌

)

165

.00‌

12/16/22

(

344,800‌

)

Dexcom,

Inc,

Call

260

(

167,275‌

)

95

.00‌

01/20/23

(

167,275‌

)

Dexcom,

Inc,

Put

220

(

235,404‌

)

97

.50‌

09/16/22

(

368,060‌

)

Dexcom,

Inc,

Put

260

(

311,962‌

)

87

.50‌

01/20/23

(

311,962‌

)

Dexcom,

Inc,

Put

260

(

354,245‌

)

90

.00‌

01/20/23

(

354,245‌

)

DocuSign,

Inc,

Put

760

(

842,039‌

)

62

.50‌

12/16/22

(

824,600‌

)

DraftKings,

Inc,

Put

500

(

521,483‌

)

30

.00‌

01/20/23

(

841,500‌

)

Duck

Creek

Technologies,

Inc,

Put

1,000

(

341,699‌

)

22

.50‌

10/21/22

(

905,000‌

)

Edwards

Lifesciences

Corp,

Put

420

(

252,516‌

)

90

.00‌

08/19/22

(

14,700‌

)

Emergent

BioSolutions,

Inc,

Put

173

(

205,724‌

)

40

.00‌

03/17/23

(

187,705‌

)

Enphase

Energy,

Inc,

Put

350

(

71,038‌

)

160

.00‌

09/16/22

(

40,250‌

)

Estee

Lauder

Cos,

Inc,

Call

160

(

230,808‌

)

260

.00‌

10/21/22

(

410,400‌

)

Estee

Lauder

Cos,

Inc,

Put

160

(

244,790‌

)

230

.00‌

01/20/23

(

153,600‌

)

Expedia

Group,

Inc,

Put

400

(

259,038‌

)

80

.00‌

10/21/22

(

100,200‌

)

Expedia

Group,

Inc,

Put

340

(

515,422‌

)

100

.00‌

12/16/22

(

374,850‌

)

Farfetch

Ltd,

Put

764

(

662,011‌

)

25

.00‌

01/20/23

(

1,311,024‌

)

Generac

Holdings,

Inc,

Put

60

(

167,877‌

)

260

.00‌

12/16/22

(

183,000‌

)

Generac

Holdings,

Inc,

Put

60

(

188,877‌

)

270

.00‌

12/16/22

(

217,200‌

)

Portfolio

of

investments

(unaudited)

Growth

&

Income

Fund

July

31,

2022

6

TIAA-CREF

Funds

concluded

Description/underlying

investment

Number

of

contracts

Notional

amount

Exercise

price

Expiration

date

Value

General

Motors

Co,

Put

800

$

(

399,167‌

)

$

35

.00‌

12/16/22

$

(

230,400‌

)

Global

Payments,

Inc,

Put

288

(

215,123‌

)

100

.00‌

11/18/22

(

83,520‌

)

HCA

Healthcare,

Inc,

Call

190

(

18,994‌

)

240

.00‌

09/16/22

(

18,994‌

)

HCA

Healthcare,

Inc,

Put

215

(

223,410‌

)

160

.00‌

12/16/22

(

72,025‌

)

Home

Depot,

Inc,

Call

240

(

290,022‌

)

380

.00‌

01/20/23

(

48,000‌

)

Home

Depot,

Inc,

Put

240

(

658,271‌

)

300

.00‌

01/20/23

(

562,800‌

)

IDEXX

Laboratories,

Inc,

Put

73

(

350,110‌

)

420

.00‌

10/21/22

(

284,700‌

)

Intel

Corp,

Put

1,000

(

707,955‌

)

40

.00‌

06/16/23

(

707,955‌

)

Intuitive

Surgical,

Inc,

Put

190

(

430,905‌

)

210

.00‌

01/20/23

(

268,090‌

)

Lululemon

Athletica,

Inc,

Put

200

(

355,584‌

)

250

.00‌

12/16/22

(

225,000‌

)

Lululemon

Athletica,

Inc,

Put

65

(

160,154‌

)

260

.00‌

12/16/22

(

94,900‌

)

Lululemon

Athletica,

Inc,

Put

65

(

179,524‌

)

270

.00‌

12/16/22

(

113,880‌

)

Microsoft

Corp,

Call

144

(

34,987‌

)

290

.00‌

09/16/22

(

84,816‌

)

Moderna,

Inc,

Put

300

(

2,205,880‌

)

220

.00‌

01/20/23

(

1,946,249‌

)

Monolithic

Power

Systems,

Inc,

Call

100

(

169,796‌

)

540

.00‌

12/16/22

(

298,500‌

)

Monolithic

Power

Systems,

Inc,

Put

100

(

363,995‌

)

350

.00‌

12/16/22

(

142,000‌

)

Monster

Beverage

Corp,

Put

560

(

41,423‌

)

75

.00‌

08/19/22

(

11,200‌

)

Netflix,

Inc,

Call

170

(

78,533‌

)

255

.00‌

09/16/22

(

73,100‌

)

Netflix,

Inc,

Put

4

(

31,090‌

)

400

.00‌

01/20/23

(

69,600‌

)

Nike,

Inc,

Put

500

(

36,485‌

)

85

.00‌

09/16/22

(

13,500‌

)

NVIDIA

Corp,

Call

200

(

91,992‌

)

200

.00‌

09/16/22

(

140,000‌

)

Palo

Alto

Networks,

Inc,

Call

67

(

115,078‌

)

590

.00‌

09/16/22

(

35,510‌

)

Palo

Alto

Networks,

Inc,

Call

67

(

144,790‌

)

620

.00‌

12/16/22

(

98,825‌

)

Palo

Alto

Networks,

Inc,

Put

67

(

164,886‌

)

410

.00‌

09/16/22

(

46,900‌

)

Paramount

Global,

Put

438

(

293,449‌

)

35

.00‌

09/16/22

(

499,320‌

)

Paramount

Global,

Put

454

(

329,465‌

)

30

.00‌

01/20/23

(

335,960‌

)

PayPal

Holdings,

Inc,

Put

210

(

132,291‌

)

75

.00‌

11/18/22

(

111,300‌

)

Peabody

Energy

Corp,

Call

1,000

(

36,970‌

)

29

.00‌

08/19/22

(

15,000‌

)

Petco

Health

&

Wellness

Co,

Inc,

Put

1,600

(

327,354‌

)

14

.00‌

12/16/22

(

284,000‌

)

Roku,

Inc,

Put

840

(

54,574‌

)

50

.00‌

08/19/22

(

54,574‌

)

Royal

Caribbean

Cruises

Ltd,

Put

124

(

63,319‌

)

55

.00‌

09/16/22

(

207,080‌

)

Royal

Caribbean

Cruises

Ltd,

Put

300

(

501,580‌

)

50

.00‌

01/20/23

(

425,100‌

)

Salesforce,

Inc,

Call

190

(

93,094‌

)

220

.00‌

09/16/22

(

21,660‌

)

Salesforce,

Inc,

Put

190

(

157,121‌

)

145

.00‌

12/16/22

(

93,860‌

)

Seagen,

Inc,

Put

160

(

327,675‌

)

135

.00‌

09/16/22

(

23,600‌

)

ServiceNow,

Inc,

Call

84

(

106,927‌

)

560

.00‌

09/16/22

(

15,750‌

)

Shake

Shack,

Inc,

Put

480

(

683,442‌

)

57

.50‌

01/20/23

(

528,000‌

)

Snap,

Inc,

Put

72

(

104,586‌

)

37

.00‌

01/20/23

(

195,840‌

)

Snowflake,

Inc,

Put

210

(

930,781‌

)

215

.00‌

01/20/23

(

1,526,700‌

)

Sociedad

Quimica

y

Minera

de

Chile

S.A.,

Call

385

(

147,825‌

)

85

.00‌

07/19/22

(

11,550‌

)

Sociedad

Quimica

y

Minera

de

Chile

S.A.,

Put

1,200

(

1,073,640‌

)

80

.00‌

12/16/22

(

582,000‌

)

Spirit

AeroSystems

Holdings,

Inc,

Call

880

(

127,571‌

)

40

.00‌

10/21/22

(

79,200‌

)

Spirit

AeroSystems

Holdings,

Inc,

Put

880

(

124,051‌

)

24

.00‌

10/21/22

(

52,800‌

)

Spirit

AeroSystems

Holdings,

Inc,

Put

880

(

320,287‌

)

31

.00‌

01/20/23

(

321,200‌

)

Stratasys

Ltd,

Call

1,300

(

74,913‌

)

22

.50‌

08/19/22

(

68,250‌

)

Synopsys,

Inc,

Call

110

(

33,340‌

)

390

.00‌

09/16/22

(

88,000‌

)

Take-Two

Interactive

Software,

Inc,

Call

290

(

147,311‌

)

170

.00‌

09/16/22

(

11,600‌

)

Take-Two

Interactive

Software,

Inc,

Put

290

(

185,011‌

)

120

.00‌

09/16/22

(

92,800‌

)

Teradyne,

Inc,

Put

520

(

296,113‌

)

80

.00‌

10/21/22

(

79,300‌

)

Tesla,

Inc,

Call

84

(

147,499‌

)

985

.00‌

09/16/22

(

274,428‌

)

Tesla,

Inc,

Call

111

(

649,681‌

)

900

.00‌

10/21/22

(

1,043,400‌

)

Tesla,

Inc,

Call

65

(

364,531‌

)

980

.00‌

10/21/22

(

364,531‌

)

Tesla,

Inc,

Put

84

(

78,025‌

)

625

.00‌

08/19/22

(

11,928‌

)

Tesla,

Inc,

Put

65

(

540,693‌

)

680

.00‌

09/16/22

(

77,155‌

)

Tesla,

Inc,

Put

111

(

1,262,147‌

)

710

.00‌

12/16/22

(

548,673‌

)

Twitter,

Inc,

Put

1,400

(

305,502‌

)

30

.00‌

11/18/22

(

329,000‌

)

Ulta

Beauty,

Inc,

Put

140

(

315,641‌

)

330

.00‌

09/16/22

(

85,820‌

)

Walt

Disney

Co,

Put

380

(

43,657‌

)

85

.00‌

09/16/22

(

19,000‌

)

Wolfspeed,

Inc,

Call

440

(

45,306‌

)

95

.00‌

08/19/22

(

72,600‌

)

World

Wrestling

Entertainment,

Inc,

Put

760

(

37,217‌

)

55

.00‌

09/16/22

(

30,400‌

)

WW

International,

Inc,

Put

1,000

(

192,970‌

)

10

.00‌

01/20/23

(

360,000‌

)

Zscaler,

Inc,

Put

210

(

1,231,599‌

)

200

.00‌

01/20/23

(

1,140,300‌

)

Total

38,787

 $

(

32,479,399‌

)

 $

(

30,333,905‌

)

Portfolio

of

investments

(unaudited)

Large-Cap

Growth

Fund

July

31,

2022

7

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.8%

AUTOMOBILES

&

COMPONENTS

-

3

.0

%

60,167

*,e

Rivian

Automotive,

Inc

$

2,063,728‌

177,675

*

Tesla,

Inc

158,388,379‌

TOTAL

AUTOMOBILES

&

COMPONENTS

160,452,107‌

CAPITAL

GOODS

-

2

.2

%

230,809

*

Boeing

Co

36,770,182‌

152,991

Deere

&

Co

52,503,451‌

260,240

Safran

S.A.

28,604,418‌

TOTAL

CAPITAL

GOODS

117,878,051‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

3

.3

%

701,954

Experian

Group

Ltd

24,576,991‌

274,195

Verisk

Analytics,

Inc

52,165,599‌

749,794

Waste

Connections,

Inc

100,000,026‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

176,742,616‌

CONSUMER

DURABLES

&

APPAREL

-

1

.4

%

218,454

Essilor

International

S.A.

34,249,729‌

155,184

Nike,

Inc

(Class

B)

17,833,745‌

3,419,000

Prada

S.p.A

19,733,295‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

71,816,769‌

CONSUMER

SERVICES

-

2

.8

%

77,263

*

Booking

Holdings,

Inc

149,557,216‌

TOTAL

CONSUMER

SERVICES

149,557,216‌

DIVERSIFIED

FINANCIALS

-

1

.9

%

180,112

American

Express

Co

27,740,851‌

3,133,698

*

Grab

Holdings

Ltd.

9,244,409‌

343,487

*

Liberty

Media

Acquisition

Corp

3,403,956‌

433,696

*

Ribbit

LEAP

Ltd

4,328,286‌

153,040

S&P

Global,

Inc

57,685,367‌

TOTAL

DIVERSIFIED

FINANCIALS

102,402,869‌

ENERGY

-

2

.0

%

528,216

ConocoPhillips

51,464,085‌

125,102

Pioneer

Natural

Resources

Co

29,642,919‌

196,519

Valero

Energy

Corp

21,768,409‌

TOTAL

ENERGY

102,875,413‌

FOOD

&

STAPLES

RETAILING

-

2

.2

%

212,617

Costco

Wholesale

Corp

115,089,582‌

TOTAL

FOOD

&

STAPLES

RETAILING

115,089,582‌

FOOD,

BEVERAGE

&

TOBACCO

-

3

.7

%

1,694,442

Davide

Campari-Milano

NV

18,811,459‌

980,879

*

Monster

Beverage

Corp

97,715,166‌

446,362

PepsiCo,

Inc

78,095,495‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

194,622,120‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.1

%

94,222

*

Align

Technology,

Inc

26,473,555‌

449,260

*

Dexcom,

Inc

36,875,261‌

242,368

*

Intuitive

Surgical,

Inc

55,785,843‌

279,794

UnitedHealth

Group,

Inc

151,743,478‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

270,878,137‌

Portfolio

of

investments

(unaudited)

Large-Cap

Growth

Fund

July

31,

2022

8

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE

-

0

.8

%

798,103

American

International

Group,

Inc

$

41,317,792‌

TOTAL

INSURANCE

41,317,792‌

MATERIALS

-

0

.5

%

78,800

Linde

plc

23,797,600‌

TOTAL

MATERIALS

23,797,600‌

MEDIA

&

ENTERTAINMENT

-

9

.9

%

2,397,716

*

Alphabet,

Inc

(Class

C)

279,669,594‌

195,180

*

IAC

13,369,830‌

326,446

*

Match

Group,

Inc

23,931,756‌

599,756

*

Meta

Platforms,

Inc

95,421,180‌

149,216

*

Netflix,

Inc

33,558,678‌

718,577

*

ROBLOX

Corp

30,848,511‌

499,213

*

Twitter,

Inc

20,772,253‌

233,110

*

Walt

Disney

Co

24,732,971‌

TOTAL

MEDIA

&

ENTERTAINMENT

522,304,773‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

4

.7

%

617,734

AbbVie,

Inc

88,651,006‌

1,221,442

*

Avantor,

Inc

35,446,247‌

253,795

*

Horizon

Therapeutics

Plc

21,057,371‌

232,310

*

Illumina,

Inc

50,336,931‌

302,450

Zoetis,

Inc

55,212,248‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

250,703,803‌

RETAILING

-

12

.9

%

243,001

*

Alibaba

Group

Holding

Ltd

(ADR)

21,716,999‌

3,844,868

*

Amazon.com,

Inc

518,864,937‌

252,453

*

CarMax,

Inc

25,129,172‌

936,550

*

Coupang,

Inc

16,192,949‌

586,769

eBay,

Inc

28,534,576‌

32,969

Kering

18,874,455‌

876,491

TJX

Companies,

Inc

53,606,190‌

TOTAL

RETAILING

682,919,278‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

6

.9

%

715,907

*

Advanced

Micro

Devices,

Inc

67,631,734‌

611,657

Applied

Materials,

Inc

64,823,409‌

183,061

Broadcom,

Inc

98,025,504‌

564,805

Marvell

Technology,

Inc

31,448,342‌

427,831

NVIDIA

Corp

77,706,945‌

284,260

*

Taiwan

Semiconductor

Manufacturing

Co

Ltd

(ADR)

25,151,325‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

364,787,259‌

SOFTWARE

&

SERVICES

-

28

.3

%

236,701

Accenture

plc

72,492,048‌

14,967

*,g

Adyen

NV

26,922,218‌

306,975

*

DocuSign,

Inc

19,640,260‌

201,454

Intuit,

Inc

91,897,271‌

1,976,713

Microsoft

Corp

554,942,408‌

715,396

Oracle

Corp

55,686,425‌

72,029

*

Palo

Alto

Networks,

Inc

35,949,674‌

436,634

*

PayPal

Holdings,

Inc

37,781,940‌

823,184

*

Qualtrics

International,

Inc

10,495,596‌

115,520

Roper

Technologies,

Inc

50,444,118‌

580,574

*

Salesforce,

Inc

106,837,227‌

146,348

*

ServiceNow,

Inc

65,367,798‌

105,904

*

Synopsys,

Inc

38,919,720‌

1,368,635

Visa,

Inc

(Class

A)

290,301,170‌

Portfolio

of

investments

(unaudited)

Large-Cap

Growth

Fund

July

31,

2022

9

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

241,911

*

Workday,

Inc

$

37,520,396‌

TOTAL

SOFTWARE

&

SERVICES

1,495,198,269‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

6

.3

%

2,034,612

Apple,

Inc

330,644,796‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

330,644,796‌

TRANSPORTATION

-

1

.9

%

1,682,965

*

Uber

Technologies,

Inc

39,465,529‌

274,780

Union

Pacific

Corp

62,457,494‌

TOTAL

TRANSPORTATION

101,923,023‌

TOTAL

COMMON

STOCKS

5,275,911,473‌

(Cost

$3,635,249,003)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.3%

REPURCHASE

AGREEMENT

-

0

.3

%

$

18,310,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

%

08/01/22

18,310,000‌

TOTAL

REPURCHASE

AGREEMENT

18,310,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.0

%

11,625

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

11,625‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

11,625‌

TOTAL

SHORT-TERM

INVESTMENTS

18,321,625‌

(Cost

$18,321,625)

TOTAL

INVESTMENTS

-

100.1%

5,294,233,098‌

(Cost

$3,653,570,628)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.1)%

(

7,308,945‌

)

NET

ASSETS

-

100.0%

$

5,286,924,153‌

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

$2,067,673.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$26,922,218

or

0.5%

of

net

assets.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$18,310,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$18,676,268.

Large-Cap

Value

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

10

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.4%

BANKS

-

9

.7

%

3,574,758

Bank

of

America

Corp

$

120,862,568‌

1,187,312

JPMorgan

Chase

&

Co

136,968,312‌

404,468

PNC

Financial

Services

Group,

Inc

67,117,420‌

1,165,690

US

Bancorp

55,020,568‌

2,432,794

Wells

Fargo

&

Co

106,726,673‌

TOTAL

BANKS

486,695,541‌

CAPITAL

GOODS

-

11

.2

%

191,012

Allegion

plc

20,189,968‌

174,926

*

Boeing

Co

27,867,461‌

127,994

Caterpillar,

Inc

25,374,811‌

161,682

Deere

&

Co

55,486,029‌

382,856

Dover

Corp

51,180,190‌

383,037

Eaton

Corp

56,838,860‌

433,203

Honeywell

International,

Inc

83,374,249‌

796,048

Masco

Corp

44,085,138‌

225,540

Parker-Hannifin

Corp

65,201,359‌

1,180,758

Raytheon

Technologies

Corp

110,058,453‌

152,419

Trane

Technologies

plc

22,404,069‌

TOTAL

CAPITAL

GOODS

562,060,587‌

CONSUMER

DURABLES

&

APPAREL

-

0

.9

%

9,715

*

NVR,

Inc

42,678,967‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

42,678,967‌

CONSUMER

SERVICES

-

3

.4

%

15,320

*

Booking

Holdings,

Inc

29,654,771‌

510,224

Hilton

Worldwide

Holdings,

Inc

65,344,388‌

284,525

McDonald's

Corp

74,935,349‌

TOTAL

CONSUMER

SERVICES

169,934,508‌

DIVERSIFIED

FINANCIALS

-

6

.4

%

483,181

American

Express

Co

74,419,538‌

301,984

*

Berkshire

Hathaway,

Inc

(Class

B)

90,776,390‌

72,190

BlackRock,

Inc

48,308,104‌

403,556

Charles

Schwab

Corp

27,865,542‌

235,773

Goldman

Sachs

Group,

Inc

78,604,360‌

TOTAL

DIVERSIFIED

FINANCIALS

319,973,934‌

ENERGY

-

8

.1

%

982,241

Chevron

Corp

160,871,431‌

1,273,837

ConocoPhillips

124,109,939‌

559,982

EOG

Resources,

Inc

62,281,198‌

523,435

Valero

Energy

Corp

57,980,895‌

TOTAL

ENERGY

405,243,463‌

FOOD

&

STAPLES

RETAILING

-

1

.5

%

575,204

Walmart,

Inc

75,955,688‌

TOTAL

FOOD

&

STAPLES

RETAILING

75,955,688‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.0

%

757,922

Mondelez

International,

Inc

48,537,325‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

48,537,325‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

9

.6

%

616,818

Abbott

Laboratories

67,134,471‌

295,097

Cigna

Corp

81,257,910‌

203,315

Elevance

Health,

Inc

97,001,586‌

230,735

HCA

Healthcare,

Inc

49,012,729‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Fund

July

31,

2022

11

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

722,030

Medtronic

plc

$

66,802,216‌

175,126

UnitedHealth

Group,

Inc

94,977,835‌

206,855

Zimmer

Biomet

Holdings,

Inc

22,834,723‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

479,021,470‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.7

%

254,846

Procter

&

Gamble

Co

35,400,658‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

35,400,658‌

INSURANCE

-

5

.2

%

1,315,074

American

International

Group,

Inc

68,081,381‌

465,532

Chubb

Ltd

87,817,957‌

363,750

Marsh

&

McLennan

Cos,

Inc

59,640,450‌

745,605

Metlife,

Inc

47,159,516‌

TOTAL

INSURANCE

262,699,304‌

MATERIALS

-

5

.2

%

279,565

Ball

Corp

20,525,662‌

668,750

Crown

Holdings,

Inc

67,998,500‌

664,235

DuPont

de

Nemours,

Inc

40,671,109‌

210,588

Linde

plc

63,597,576‌

350,599

PPG

Industries,

Inc

45,328,945‌

127,942

Reliance

Steel

&

Aluminum

Co

24,340,966‌

TOTAL

MATERIALS

262,462,758‌

MEDIA

&

ENTERTAINMENT

-

6

.2

%

702,373

*

Alphabet,

Inc

(Class

C)

81,924,787‌

56,939

*

Charter

Communications,

Inc

24,603,342‌

2,265,591

Comcast

Corp

(Class

A)

85,004,974‌

371,617

*

Meta

Platforms,

Inc

59,124,265‌

562,627

*

Walt

Disney

Co

59,694,724‌

TOTAL

MEDIA

&

ENTERTAINMENT

310,352,092‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.0

%

267,134

AbbVie,

Inc

38,336,401‌

1,178,986

Bristol-Myers

Squibb

Co

86,985,587‌

1,020,764

Johnson

&

Johnson

178,143,733‌

569,571

Merck

&

Co,

Inc

50,885,473‌

929,981

Pfizer,

Inc

46,973,340‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

401,324,534‌

REAL

ESTATE

-

1

.0

%

393,358

Prologis,

Inc

52,143,536‌

TOTAL

REAL

ESTATE

52,143,536‌

RETAILING

-

1

.4

%

231,571

Home

Depot,

Inc

69,688,977‌

TOTAL

RETAILING

69,688,977‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

4

.6

%

337,556

Analog

Devices,

Inc

58,046,130‌

387,221

Applied

Materials,

Inc

41,037,682‌

502,757

Intel

Corp

18,255,107‌

44,840

Lam

Research

Corp

22,442,868‌

809,149

Micron

Technology,

Inc

50,053,957‌

227,004

NXP

Semiconductors

NV

41,741,495‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

231,577,239‌

SOFTWARE

&

SERVICES

-

4

.7

%

163,009

Accenture

plc

49,923,136‌

561,423

*

Fiserv,

Inc

59,331,183‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Fund

July

31,

2022

12

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

262,287

Microsoft

Corp

$

73,634,452‌

695,814

Oracle

Corp

54,162,162‌

TOTAL

SOFTWARE

&

SERVICES

237,050,933‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

2

.8

%

1,368,665

Cisco

Systems,

Inc

62,096,331‌

596,825

TE

Connectivity

Ltd

79,813,407‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

141,909,738‌

TELECOMMUNICATION

SERVICES

-

1

.4

%

497,909

*

T-Mobile

US,

Inc

71,230,862‌

TOTAL

TELECOMMUNICATION

SERVICES

71,230,862‌

TRANSPORTATION

-

2

.7

%

726,667

*,†,b

AMR

Corporation

7,266‌

1,178,699

CSX

Corp

38,107,339‌

300,973

Union

Pacific

Corp

68,411,163‌

153,484

United

Parcel

Service,

Inc

(Class

B)

29,912,497‌

TOTAL

TRANSPORTATION

136,438,265‌

UTILITIES

-

3

.7

%

500,185

Ameren

Corp

46,577,227‌

520,744

American

Electric

Power

Co,

Inc

51,324,529‌

1,229,304

Centerpoint

Energy,

Inc

38,956,644‌

587,166

NextEra

Energy,

Inc

49,609,655‌

TOTAL

UTILITIES

186,468,055‌

TOTAL

COMMON

STOCKS

4,988,848,434‌

(Cost

$3,524,893,977)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.6%

GOVERNMENT

AGENCY

DEBT

-

0

.4

%

$

7,480,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/01/22

7,480,000‌

10,300,000

FHLB

0

.000

08/05/22

10,297,510‌

TOTAL

GOVERNMENT

AGENCY

DEBT

17,777,510‌

TREASURY

DEBT

-

0

.2

%

10,000,000

United

States

Treasury

Bill

0

.000

08/02/22

9,999,507‌

TOTAL

TREASURY

DEBT

9,999,507‌

TOTAL

SHORT-TERM

INVESTMENTS

27,777,017‌

(Cost

$27,777,890)

TOTAL

INVESTMENTS

-

100.0%

5,016,625,451‌

(Cost

$3,552,671,867)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.0%

1,284,516‌

NET

ASSETS

-

100.0%

$

5,017,909,967‌

*

Non-income

producing

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

b

In

bankruptcy

Portfolio

of

investments

(unaudited)

Mid-Cap

Growth

Fund

July

31,

2022

13

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.9%

CAPITAL

GOODS

-

6.7%

38,418

Carlisle

Cos,

Inc

$

11,375,570‌

231,424

Carrier

Global

Corp

9,379,615‌

23,826

L3Harris

Technologies,

Inc

5,717,525‌

302,652

Spirit

Aerosystems

Holdings,

Inc

(Class

A)

9,933,039‌

31,583

*

TransDigm

Group,

Inc

19,655,364‌

46,634

W.W.

Grainger,

Inc

25,346,978‌

TOTAL

CAPITAL

GOODS

81,408,091‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

9.1%

589,145

*

ACV

Auctions,

Inc

4,353,781‌

265,798

*

Cimpress

plc

10,682,422‌

511,984

*

Driven

Brands

Holdings,

Inc

15,554,074‌

342,253

Experian

Group

Ltd

11,983,049‌

880,589

*

First

Advantage

Corp

12,354,664‌

169,038

Verisk

Analytics,

Inc

32,159,479‌

172,525

Waste

Connections,

Inc

23,009,659‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

110,097,128‌

CONSUMER

DURABLES

&

APPAREL

-

3.2%

198,791

*

Capri

Holdings

Ltd

9,677,146‌

87,954

Garmin

Ltd

8,586,069‌

19,282

*

Lululemon

Athletica,

Inc

5,987,254‌

2,028,700

Prada

S.p.A

11,708,961‌

953,487

*,e

Traeger,

Inc

2,927,205‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

38,886,635‌

CONSUMER

SERVICES

-

4.3%

157,636

*,e

Dutch

Bros,

Inc

5,909,774‌

311,063

*

Entain

PLC

4,577,308‌

534,944

e

European

Wax

Center,

Inc

11,191,029‌

169,800

*

Expedia

Group,

Inc

18,007,290‌

73,823

*

Hyatt

Hotels

Corp

6,108,853‌

112,636

Restaurant

Brands

International,

Inc

6,038,416‌

TOTAL

CONSUMER

SERVICES

51,832,670‌

DIVERSIFIED

FINANCIALS

-

3.7%

45,593

Ameriprise

Financial,

Inc

12,306,463‌

814,235

*

Grab

Holdings

Ltd.

2,401,993‌

281,299

Jefferies

Financial

Group,

Inc

9,161,909‌

87,301

*

Liberty

Media

Acquisition

Corp

865,153‌

56,083

LPL

Financial

Holdings,

Inc

11,772,943‌

106,589

Tradeweb

Markets,

Inc

7,516,656‌

TOTAL

DIVERSIFIED

FINANCIALS

44,025,117‌

ENERGY

-

4.8%

156,554

Cheniere

Energy,

Inc

23,417,347‌

329,003

Halliburton

Co

9,639,788‌

102,506

Pioneer

Natural

Resources

Co

24,288,797‌

TOTAL

ENERGY

57,345,932‌

FOOD

&

STAPLES

RETAILING

-

0.6%

136,027

*

Performance

Food

Group

Co

6,761,902‌

TOTAL

FOOD

&

STAPLES

RETAILING

6,761,902‌

FOOD,

BEVERAGE

&

TOBACCO

-

3.4%

1,078,137

Davide

Campari-Milano

NV

11,969,327‌

424,662

Fevertree

Drinks

plc

5,563,991‌

99,765

*

Freshpet,

Inc

5,331,441‌

Portfolio

of

investments

(unaudited)

Mid-Cap

Growth

Fund

July

31,

2022

14

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

79,848

Hershey

Co

$

18,202,150‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

41,066,909‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

7.0%

32,856

*

Align

Technology,

Inc

9,231,550‌

261,245

*

Dexcom,

Inc

21,442,990‌

159,999

*

Guardant

Health,

Inc

8,027,150‌

79,574

*

Molina

Healthcare,

Inc

26,077,991‌

86,681

*

Veeva

Systems,

Inc

19,380,138‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

84,159,819‌

INSURANCE

-

0.6%

117,527

*

Trupanion,

Inc

7,407,727‌

TOTAL

INSURANCE

7,407,727‌

MATERIALS

-

2.4%

34,615

Albemarle

Corp

8,456,791‌

103,805

Corteva,

Inc

5,973,978‌

94,077

Crown

Holdings,

Inc

9,565,749‌

55,963

Westlake

Chemical

Corp

5,447,438‌

TOTAL

MATERIALS

29,443,956‌

MEDIA

&

ENTERTAINMENT

-

4.2%

55,004

Electronic

Arts,

Inc

7,218,175‌

61,327

*

IAC

4,200,899‌

272,567

*

Match

Group,

Inc

19,981,887‌

277,633

*

ROBLOX

Corp

11,918,785‌

168,783

*

Twitter,

Inc

7,023,060‌

TOTAL

MEDIA

&

ENTERTAINMENT

50,342,806‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

10.4%

191,818

Agilent

Technologies,

Inc

25,722,794‌

586,240

*

Avantor,

Inc

17,012,685‌

60,985

*

Charles

River

Laboratories

International,

Inc

15,279,182‌

456,499

*

Elanco

Animal

Health,

Inc

9,248,670‌

227,745

*

Horizon

Therapeutics

Plc

18,896,002‌

55,114

*

Repligen

Corp

11,759,123‌

50,535

*

Seagen,

Inc

9,095,289‌

54,693

West

Pharmaceutical

Services,

Inc

18,790,327‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

125,804,072‌

REAL

ESTATE

-

1.4%

159,754

Simon

Property

Group,

Inc

17,355,675‌

TOTAL

REAL

ESTATE

17,355,675‌

RETAILING

-

6.4%

5,139

*

AutoZone,

Inc

10,984,047‌

89,172

*

Burlington

Stores,

Inc

12,584,844‌

124,467

*

CarMax,

Inc

12,389,445‌

213,979

*

Coupang,

Inc

3,699,697‌

111,097

*

Dollar

Tree,

Inc

18,371,000‌

660,590

*

Farfetch

Ltd

5,245,085‌

112,865

*

Five

Below,

Inc

14,341,756‌

TOTAL

RETAILING

77,615,874‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

6.4%

152,451

Entegris,

Inc

16,754,365‌

204,660

Marvell

Technology,

Inc

11,395,469‌

164,459

Microchip

Technology,

Inc

11,324,647‌

58,666

Monolithic

Power

Systems,

Inc

27,263,263‌

Portfolio

of

investments

(unaudited)

Mid-Cap

Growth

Fund

July

31,

2022

15

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

54,864

NXP

Semiconductors

NV

$

10,088,392‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

76,826,136‌

SOFTWARE

&

SERVICES

-

21.2%

5,611

*,g

Adyen

NV

10,092,909‌

485,747

*,e

Clear

Secure,

Inc

12,299,114‌

145,673

*

Datadog,

Inc

14,860,103‌

212,469

*

DocuSign,

Inc

13,593,767‌

37,557

*

EPAM

Systems,

Inc

13,116,782‌

52,347

*

Gartner,

Inc

13,897,081‌

49,416

*

HubSpot,

Inc

15,220,128‌

2,216,593

*

ironSource

Ltd

8,644,713‌

608,640

*

Marqeta,

Inc

5,836,858‌

43,913

*

MongoDB,

Inc

13,721,495‌

94,665

*

Okta,

Inc

9,319,769‌

22,152

*

Palo

Alto

Networks,

Inc

11,056,063‌

126,795

*

Paylocity

Holding

Corp

26,110,894‌

506,248

*

Qualtrics

International,

Inc

6,454,662‌

3,114,258

*,e

Sabre

Corp

19,152,687‌

275,178

*

SentinelOne,

Inc

6,838,173‌

124,733

*

Synopsys,

Inc

45,839,377‌

63,843

*

Zscaler,

Inc

9,899,496‌

TOTAL

SOFTWARE

&

SERVICES

255,954,071‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

1.4%

142,241

*

Arista

Networks,

Inc

16,589,568‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

16,589,568‌

TRANSPORTATION

-

2.7%

683,727

*,e

Hertz

Global

Holdings,

Inc

14,645,433‌

66,727

JB

Hunt

Transport

Services,

Inc

12,229,057‌

369,608

*

Lyft,

Inc

(Class

A)

5,122,767‌

TOTAL

TRANSPORTATION

31,997,257‌

TOTAL

COMMON

STOCKS

1,204,921,345‌

(Cost

$1,202,038,752)

EXPIRATION

DATE

RIGHTS/WARRANTS

-

0.2%

TRANSPORTATION

-

0.2%

169,870

Hertz

Global

Holdings,

Inc

06/30/51

2,128,471‌

TOTAL

TRANSPORTATION

2,128,471‌

TOTAL

RIGHTS/WARRANTS

2,128,471‌

(Cost

$2,029,947)

Portfolio

of

investments

(unaudited)

Mid-Cap

Growth

Fund

July

31,

2022

16

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

EXPIRATION

DATE

VALUE

TRANSPORTATION—continued

SHORT-TERM

INVESTMENTS

-

2.7%

RATE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

2.7%

33,357,555

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2.300

%

$

33,357,555‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

33,357,555‌

TOTAL

SHORT-TERM

INVESTMENTS

33,357,555‌

(Cost

$33,357,555)

TOTAL

INVESTMENTS

-

102.8%

1,240,407,371‌

(Cost

$1,237,426,254)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(2.8)%

(34,085,518‌)

NET

ASSETS

-

100.0%

$

1,206,321,853‌

*

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

$44,333,633.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$10,092,909

or

0.8%

of

net

assets.

Portfolio

of

investments

(unaudited)

Mid-Cap

Value

Fund

July

31,

2022

17

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.4%

BANKS

-

5

.6

%

235,934

Citizens

Financial

Group,

Inc

$

8,958,414‌

282,755

East

West

Bancorp,

Inc

20,296,154‌

368,061

First

Interstate

Bancsystem,

Inc

15,009,527‌

1,764,556

Huntington

Bancshares,

Inc

23,450,949‌

115,942

Signature

Bank

21,515,357‌

342,006

Webster

Financial

Corp

15,886,179‌

TOTAL

BANKS

105,116,580‌

CAPITAL

GOODS

-

16

.2

%

202,559

Crane

Holdings

Co

20,039,162‌

145,129

Curtiss-Wright

Corp

20,817,304‌

186,706

Dover

Corp

24,958,858‌

149,541

Eaton

Corp

22,190,389‌

319,859

Flowserve

Corp

10,824,028‌

541,175

Howmet

Aerospace,

Inc

20,093,828‌

133,401

Hubbell,

Inc

29,217,487‌

367,182

Johnson

Controls

International

plc

19,794,781‌

132,374

Owens

Corning,

Inc

12,276,365‌

129,285

Parker-Hannifin

Corp

37,375,001‌

172,178

Regal-Beloit

Corp

23,123,505‌

74,614

Rockwell

Automation,

Inc

19,047,462‌

156,092

*

WESCO

International,

Inc

19,954,801‌

251,959

Westinghouse

Air

Brake

Technologies

Corp

23,550,608‌

TOTAL

CAPITAL

GOODS

303,263,579‌

CONSUMER

DURABLES

&

APPAREL

-

3

.8

%

352,618

Lennar

Corp

(Class

A)

29,972,530‌

1,252,705

Newell

Brands

Inc

25,317,168‌

2,012,402

*

Under

Armour,

Inc

(Class

C)

16,622,441‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

71,912,139‌

CONSUMER

SERVICES

-

2

.6

%

177,514

*

Expedia

Group,

Inc

18,825,360‌

547,934

Travel

&

Leisure

Co

23,621,435‌

95,616

Wyndham

Hotels

&

Resorts,

Inc

6,636,706‌

TOTAL

CONSUMER

SERVICES

49,083,501‌

DIVERSIFIED

FINANCIALS

-

6

.1

%

659,139

Ally

Financial,

Inc

21,797,727‌

115,178

Ameriprise

Financial,

Inc

31,088,846‌

771,572

Equitable

Holdings,

Inc

21,935,792‌

145,256

LPL

Financial

Holdings,

Inc

30,492,139‌

223,164

OneMain

Holdings,

Inc

8,301,701‌

TOTAL

DIVERSIFIED

FINANCIALS

113,616,205‌

ENERGY

-

5

.8

%

169,531

Devon

Energy

Corp

10,655,023‌

114,175

Diamondback

Energy,

Inc

14,616,683‌

313,662

Helmerich

&

Payne,

Inc

14,522,551‌

159,739

Phillips

66

14,216,771‌

134,240

Pioneer

Natural

Resources

Co

31,808,168‌

211,801

Valero

Energy

Corp

23,461,197‌

TOTAL

ENERGY

109,280,393‌

FOOD

&

STAPLES

RETAILING

-

1

.9

%

389,793

Albertsons

Cos,

Inc

10,465,942‌

516,614

*

Performance

Food

Group

Co

25,680,882‌

TOTAL

FOOD

&

STAPLES

RETAILING

36,146,824‌

Portfolio

of

investments

(unaudited)

Mid-Cap

Value

Fund

July

31,

2022

18

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO

-

0

.7

%

314,792

Keurig

Dr

Pepper,

Inc

$

12,195,042‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

12,195,042‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

6

.9

%

484,744

Cardinal

Health,

Inc

28,871,353‌

292,525

*

Centene

Corp

27,196,049‌

122,649

Cigna

Corp

33,772,629‌

48,958

Humana,

Inc

23,597,756‌

47,028

*

Molina

Healthcare,

Inc

15,412,016‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

128,849,803‌

INSURANCE

-

7

.3

%

314,947

Allstate

Corp

36,839,351‌

340,159

American

International

Group,

Inc

17,610,031‌

406,848

*

BRP

Group,

Inc

11,216,799‌

89,454

Everest

Re

Group

Ltd

23,378,803‌

332,091

Metlife,

Inc

21,004,756‌

127,508

Prudential

Financial,

Inc

12,749,525‌

443,003

Unum

Group

14,260,267‌

TOTAL

INSURANCE

137,059,532‌

MATERIALS

-

7

.1

%

965,124

*

Axalta

Coating

Systems

Ltd

24,340,427‌

500,477

Corteva,

Inc

28,802,451‌

265,560

Crown

Holdings,

Inc

27,002,141‌

443,069

DuPont

de

Nemours,

Inc

27,129,115‌

1,129,379

Graphic

Packaging

Holding

Co

25,128,683‌

TOTAL

MATERIALS

132,402,817‌

MEDIA

&

ENTERTAINMENT

-

0

.6

%

137,543

*

Ziff

Davis

Inc

11,263,396‌

TOTAL

MEDIA

&

ENTERTAINMENT

11,263,396‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

2

.4

%

127,574

*

Jazz

Pharmaceuticals

plc

19,909,198‌

105,114

*

United

Therapeutics

Corp

24,288,692‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

44,197,890‌

REAL

ESTATE

-

10

.2

%

649,906

American

Homes

4

Rent

24,618,439‌

584,009

Apartment

Income

REIT

Corp

26,478,968‌

112,416

Extra

Space

Storage,

Inc

21,305,080‌

425,611

Gaming

and

Leisure

Properties,

Inc

22,127,516‌

946,130

Kimco

Realty

Corp

20,918,934‌

1,487,586

Medical

Properties

Trust,

Inc

25,645,983‌

127,858

Sun

Communities,

Inc

20,963,598‌

832,036

VICI

Properties,

Inc

28,447,311‌

TOTAL

REAL

ESTATE

190,505,829‌

RETAILING

-

2

.7

%

157,310

Advance

Auto

Parts,

Inc

30,458,362‌

72,207

Lithia

Motors,

Inc

(Class

A)

19,155,073‌

TOTAL

RETAILING

49,613,435‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.9

%

287,477

Micron

Technology,

Inc

17,783,327‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

17,783,327‌

SOFTWARE

&

SERVICES

-

3

.9

%

243,737

Fidelity

National

Information

Services,

Inc

24,900,172‌

214,470

*

Fiserv,

Inc

22,665,190‌

Portfolio

of

investments

(unaudited)

Mid-Cap

Value

Fund

July

31,

2022

19

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

1,064,406

NortonLifelock,

Inc

$

26,109,879‌

TOTAL

SOFTWARE

&

SERVICES

73,675,241‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

3

.2

%

519,584

*

Ciena

Corp

26,810,534‌

2,282,227

Hewlett

Packard

Enterprise

Co

32,498,913‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

59,309,447‌

TRANSPORTATION

-

2

.4

%

323,058

*

Kirby

Corp

20,494,800‌

241,556

e

TFI

International,

Inc

24,138,691‌

TOTAL

TRANSPORTATION

44,633,491‌

UTILITIES

-

9

.1

%

652,762

Alliant

Energy

Corp

39,772,789‌

295,705

American

Electric

Power

Co,

Inc

29,144,685‌

539,204

Brookfield

Renewable

Corp

21,093,660‌

355,390

Evergy,

Inc

24,258,921‌

426,729

Exelon

Corp

19,838,631‌

507,648

Xcel

Energy,

Inc

37,149,681‌

TOTAL

UTILITIES

171,258,367‌

TOTAL

COMMON

STOCKS

1,861,166,838‌

(Cost

$1,684,976,620)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.8%

REPURCHASE

AGREEMENT

-

0

.7

%

$

12,280,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

%

08/01/22

12,280,000‌

TOTAL

REPURCHASE

AGREEMENT

12,280,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.1

%

1,577,181

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

1,577,181‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

1,577,181‌

TOTAL

SHORT-TERM

INVESTMENTS

13,857,181‌

(Cost

$13,857,181)

TOTAL

INVESTMENTS

-

100.2%

1,875,024,019‌

(Cost

$1,698,833,801)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.2)%

(

3,127,928‌

)

NET

ASSETS

-

100.0%

$

1,871,896,091‌

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

$1,628,859.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$12,280,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.500%

and

maturity

date

11/30/28,

valued

at

$12,525,635.

Quant

Small-Cap

Equity

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

20

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.2%

AUTOMOBILES

&

COMPONENTS

-

0

.7

%

26,540

*

Dorman

Products,

Inc

$

2,682,928‌

612,360

*

Goodyear

Tire

&

Rubber

Co

7,519,781‌

320,310

*,e

Mullen

Automotive,

Inc

253,910‌

70,960

*

Stoneridge,

Inc

1,335,467‌

376,740

*

Tenneco,

Inc

7,109,084‌

TOTAL

AUTOMOBILES

&

COMPONENTS

18,901,170‌

BANKS

-

11

.4

%

55,610

Amalgamated

Financial

Corp

1,283,479‌

54,990

Ameris

Bancorp

2,600,477‌

187,440

*

Axos

Financial,

Inc

7,827,495‌

148,570

Banc

of

California,

Inc

2,601,461‌

139,331

Bank

of

NT

Butterfield

&

Son

Ltd

4,721,928‌

128,914

Banner

Corp

7,991,379‌

556,660

Cadence

BanCorp

14,528,826‌

178,180

Cathay

General

Bancorp

7,430,106‌

159,240

Central

Pacific

Financial

Corp

3,770,803‌

312,040

Columbia

Banking

System,

Inc

9,414,247‌

164,623

ConnectOne

Bancorp,

Inc

4,352,632‌

178,230

*

Customers

Bancorp,

Inc

6,806,604‌

429,100

CVB

Financial

Corp

11,444,097‌

170,700

Eagle

Bancorp,

Inc

8,369,421‌

66,460

e

Enact

Holdings,

Inc

1,531,238‌

99,980

Enterprise

Financial

Services

Corp

4,702,059‌

297,760

Essent

Group

Ltd

12,434,458‌

33,570

Federal

Agricultural

Mortgage

Corp

(FAMC)

3,702,435‌

169,180

First

Busey

Corp

4,170,287‌

95,450

First

Financial

Corp

4,459,424‌

253,180

First

Foundation,

Inc

5,271,208‌

165,744

First

Interstate

Bancsystem,

Inc

6,759,040‌

178,240

First

Merchants

Corp

7,402,307‌

260,120

Hancock

Whitney

Corp

12,696,457‌

123,860

Heartland

Financial

USA,

Inc

5,561,314‌

198,300

Heritage

Commerce

Corp

2,335,974‌

401,800

Home

Bancshares,

Inc

9,482,480‌

147,370

Horizon

Bancorp

2,810,346‌

83,609

Independent

Bank

Corp

1,754,117‌

183,670

Lakeland

Bancorp,

Inc

2,924,026‌

128,030

Meta

Financial

Group,

Inc

4,317,172‌

34,030

*

Metropolitan

Bank

Holding

Corp

2,361,001‌

170,800

National

Bank

Holdings

Corp

7,108,696‌

405,285

*

NMI

Holdings,

Inc

7,676,098‌

271,640

OceanFirst

Financial

Corp

5,584,918‌

441,880

OFG

Bancorp

12,138,444‌

375,590

Old

National

Bancorp

6,539,022‌

259,960

Pacific

Premier

Bancorp,

Inc

8,745,054‌

56,740

Peapack

Gladstone

Financial

Corp

1,853,128‌

25,170

Preferred

Bank

1,829,859‌

47,410

Premier

Financial

Corp

1,350,237‌

64,065

QCR

Holdings,

Inc

3,798,414‌

692,050

Radian

Group,

Inc

15,481,159‌

223,940

Renasant

Corp

7,479,596‌

230,100

Towne

Bank

6,873,087‌

41,920

Trico

Bancshares

2,003,776‌

483,692

United

Community

Banks,

Inc

16,460,039‌

21,600

Walker

&

Dunlop,

Inc

2,433,024‌

268,310

Washington

Federal,

Inc

9,157,420‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

21

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

118,870

WesBanco,

Inc

$

4,055,844‌

TOTAL

BANKS

308,386,113‌

CAPITAL

GOODS

-

11

.0

%

236,180

Altra

Industrial

Motion

Corp

9,855,791‌

110,020

Applied

Industrial

Technologies,

Inc

11,066,912‌

158,453

*

Atkore

International

Group,

Inc

15,729,629‌

70,400

Boise

Cascade

Co

4,977,984‌

228,860

Comfort

Systems

USA,

Inc

24,181,348‌

189,470

*

Construction

Partners

Inc

4,505,597‌

44,319

CSW

Industrials,

Inc

5,294,791‌

248,880

*

Energy

Recovery,

Inc

5,532,602‌

643,330

*,e

Enovix

Corp

8,569,156‌

80,865

EnPro

Industries,

Inc

7,559,260‌

242,570

*

Evoqua

Water

Technologies

Corp

9,244,343‌

299,600

Federal

Signal

Corp

12,439,392‌

427,570

*

Fluor

Corp

10,864,554‌

75,590

Franklin

Electric

Co,

Inc

6,865,084‌

884,480

GrafTech

International

Ltd

6,810,496‌

248,250

*,e

Infrastructure

and

Energy

Alternatives,

Inc

3,505,290‌

377,710

*

Janus

International

Group,

Inc

3,841,311‌

243,550

Kennametal,

Inc

6,539,317‌

38,150

McGrath

RentCorp

3,218,334‌

591,291

*

MRC

Global,

Inc

6,870,801‌

135,810

Mueller

Industries,

Inc

9,144,087‌

714,710

*

NOW,

Inc

7,904,693‌

40,030

*

NV5

Global

Inc

5,428,068‌

232,780

*

Parsons

Corp

10,063,079‌

258,680

*

PGT

Innovations,

Inc

5,665,092‌

112,540

Quanex

Building

Products

Corp

2,769,609‌

170,030

Rush

Enterprises,

Inc

(Class

A)

8,193,746‌

78,400

*

SPX

Corp

4,635,792‌

42,060

Standex

International

Corp

4,083,185‌

264,220

Terex

Corp

8,854,012‌

136,450

*

Titan

Machinery,

Inc

3,838,339‌

114,330

Triton

International

Ltd

7,326,266‌

262,420

*

Triumph

Group,

Inc

4,078,007‌

169,730

UFP

Industries,

Inc

15,650,803‌

213,700

Wabash

National

Corp

3,859,422‌

494,160

*

WillScot

Mobile

Mini

Holdings

Corp

19,079,518‌

370,534

Zurn

Water

Solutions

Corp

10,726,959‌

TOTAL

CAPITAL

GOODS

298,772,669‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

3

.3

%

89,020

Aris

Water

Solution,

Inc

1,884,553‌

51,240

Brady

Corp

(Class

A)

2,451,834‌

207,740

*

CBIZ,

Inc

9,477,099‌

142,352

Exponent,

Inc

14,304,952‌

322,500

*

First

Advantage

Corp

4,524,675‌

84,360

*

Franklin

Covey

Co

4,414,559‌

78,690

Heidrick

&

Struggles

International,

Inc

2,450,407‌

106,310

*

Huron

Consulting

Group,

Inc

7,133,401‌

66,043

ICF

International,

Inc

6,231,157‌

324,140

KBR,

Inc

17,253,972‌

102,880

Kforce,

Inc

6,774,648‌

38,320

Korn/Ferry

International

2,510,343‌

78,130

*

Montrose

Environmental

Group,

Inc

3,134,576‌

36,218

*

TriNet

Group,

Inc

2,987,985‌

209,170

*

TrueBlue,

Inc

4,526,439‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

90,060,600‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

22

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL

-

1

.9

%

409,360

*

Callaway

Golf

Co

$

9,394,812‌

133,370

e

Clarus

Corp

2,750,089‌

165,410

*

Crocs,

Inc

11,849,972‌

103,150

*

G-III

Apparel

Group

Ltd

2,278,584‌

174,992

*

Skyline

Champion

Corp

11,076,994‌

256,310

Steven

Madden

Ltd

8,125,027‌

271,990

*

TRI

Pointe

Homes,

Inc

5,037,255‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

50,512,733‌

CONSUMER

SERVICES

-

3

.2

%

12,210

*

Biglari

Holdings,

Inc

(B

Shares)

1,467,764‌

384,450

Bloomin'

Brands,

Inc

7,838,936‌

77,110

Bluegreen

Vacations

Holding

Corp

2,026,451‌

77,900

Carriage

Services,

Inc

2,826,212‌

278,260

*

Coursera,

Inc

3,865,031‌

212,670

*

Dave

&

Buster's

Entertainment,

Inc

7,945,351‌

75,860

*,e

Duolingo,

Inc

6,960,155‌

399,050

*

Everi

Holdings,

Inc

7,665,751‌

258,000

*

Hilton

Grand

Vacations,

Inc

10,518,660‌

400,330

e

International

Game

Technology

plc

7,586,253‌

145,220

e

Krispy

Kreme,

Inc

2,073,742‌

185,830

Laureate

Education,

Inc

2,200,227‌

144,840

Ruth's

Hospitality

Group

Inc

2,541,942‌

91,760

*

Stride,

Inc

4,099,837‌

307,630

*

Sweetgreen,

Inc

4,832,867‌

153,290

Texas

Roadhouse,

Inc

(Class

A)

13,369,954‌

TOTAL

CONSUMER

SERVICES

87,819,133‌

DIVERSIFIED

FINANCIALS

-

3

.2

%

174,360

Artisan

Partners

Asset

Management,

Inc

6,932,554‌

2,000,260

BGC

Partners,

Inc

(Class

A)

7,300,949‌

289,250

Broadmark

Realty

Capital,

Inc

2,195,407‌

56,980

Cohen

&

Steers,

Inc

4,198,856‌

271,490

e

Cowen

Group,

Inc

9,521,154‌

87,780

*,e

Encore

Capital

Group,

Inc

6,357,905‌

230,513

*

Enova

International,

Inc

7,955,004‌

190,970

*

Green

Dot

Corp

5,366,257‌

513,570

*

LendingClub

Corp

7,112,944‌

258,080

*

Open

Lending

Corp

2,673,709‌

69,020

Piper

Jaffray

Cos

8,710,324‌

290,080

Redwood

Trust,

Inc

2,512,093‌

188,310

Sculptor

Capital

Management,

Inc

1,847,321‌

157,040

StepStone

Group,

Inc

4,183,546‌

121,380

Victory

Capital

Holdings,

Inc

3,358,585‌

37,540

Virtus

Investment

Partners,

Inc

7,745,253‌

TOTAL

DIVERSIFIED

FINANCIALS

87,971,861‌

ENERGY

-

6

.0

%

1,035,270

*

Alto

Ingredients,

Inc

4,451,661‌

591,660

Berry

Petroleum

Co

LLC

5,052,776‌

282,408

Brigham

Minerals,

Inc

7,497,932‌

996,600

*

Centennial

Resource

Development,

Inc

6,637,356‌

175,480

e

Chesapeake

Energy

Corp

16,524,952‌

324,080

CVR

Energy,

Inc

10,869,643‌

309,150

Delek

US

Holdings,

Inc

8,241,939‌

29,590

*

Denbury,

Inc

2,127,817‌

554,410

*

Liberty

Oilfield

Services,

Inc

7,872,622‌

184,900

Murphy

Oil

Corp

6,497,386‌

564,470

*

NexTier

Oilfield

Solutions,

Inc

5,627,766‌

1,767,620

Nordic

American

Tankers

Ltd

4,242,288‌

154,670

Ovintiv,

Inc

7,902,090‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

23

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

437,469

*

Par

Pacific

Holdings,

Inc

$

7,218,239‌

638,386

*

PBF

Energy,

Inc

21,290,173‌

121,500

PDC

Energy,

Inc

7,981,335‌

691,210

*

RPC,

Inc

5,640,274‌

2,691,099

*,e

Tellurian,

Inc

10,010,888‌

392,810

*

US

Silica

Holdings,

Inc

5,432,562‌

136,860

*

Valaris

Ltd

6,867,635‌

204,760

*

Weatherford

International

Ltd

4,736,099‌

TOTAL

ENERGY

162,723,433‌

FOOD

&

STAPLES

RETAILING

-

1

.2

%

160,478

Andersons,

Inc

5,804,489‌

101,521

*,d

BJ's

Wholesale

Club

Holdings,

Inc

6,872,972‌

90,840

*

Chefs'

Warehouse

Holdings,

Inc

3,143,973‌

323,430

*

Performance

Food

Group

Co

16,077,705‌

TOTAL

FOOD

&

STAPLES

RETAILING

31,899,139‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.9

%

127,712

Calavo

Growers,

Inc

5,146,794‌

144,330

Cal-Maine

Foods,

Inc

7,376,706‌

12,560

Coca-Cola

Consolidated

Inc

6,443,280‌

467,586

*

Hostess

Brands,

Inc

10,576,795‌

46,160

MGP

Ingredients,

Inc

4,855,109‌

643,780

Primo

Water

Corp

8,510,772‌

346,850

*

SunOpta,

Inc

3,059,217‌

66,940

Universal

Corp

3,742,615‌

280,390

*

Vital

Farms,

Inc

3,308,602‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

53,019,890‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

8

.2

%

485,144

*

1Life

Healthcare,

Inc

8,218,339‌

371,790

*

AdaptHealth

Corp

8,220,277‌

439,850

*

Allscripts

Healthcare

Solutions,

Inc

6,958,427‌

25,633

*

AMN

Healthcare

Services,

Inc

2,882,175‌

239,317

*

Avanos

Medical,

Inc

6,789,423‌

149,970

*

Axonics

Modulation

Technologies,

Inc

9,728,554‌

620,320

*

Brookdale

Senior

Living,

Inc

2,989,942‌

339,770

*

Cardiovascular

Systems,

Inc

5,235,856‌

845,300

*

Community

Health

Systems,

Inc

2,518,994‌

338,090

*

Cross

Country

Healthcare,

Inc

8,912,052‌

199,280

*

Evolent

Health,

Inc

6,773,527‌

71,510

*

Fulgent

Genetics,

Inc

4,272,722‌

203,340

*

Health

Catalyst,

Inc

3,403,912‌

35,410

*

HealthEquity,

Inc

2,059,800‌

133,674

*

HealthStream,

Inc

3,216,196‌

368,910

*,e

Hims

&

Hers

Health,

Inc

2,283,553‌

87,660

*

Integer

Holding

Corp

6,126,557‌

352,327

*

Lantheus

Holdings,

Inc

27,030,527‌

167,310

*

Meridian

Bioscience,

Inc

5,297,035‌

172,390

*

Merit

Medical

Systems,

Inc

9,908,977‌

35,350

*

ModivCare,

Inc

3,527,930‌

320,490

*,e

Neogen

Corp

7,412,934‌

293,580

*

NextGen

Healthcare,

Inc

5,026,090‌

435,160

*

Option

Care

Health,

Inc

14,621,376‌

310,130

Patterson

Cos,

Inc

9,632,638‌

242,230

*

Phreesia,

Inc

5,689,983‌

145,570

*

Privia

Health

Group,

Inc

5,354,065‌

145,550

*

PROCEPT

BioRobotics

Corp

5,574,565‌

283,350

*

Progyny,

Inc

8,650,675‌

35,817

*

QuidelOrtho

Corp

3,654,767‌

241,340

*

RadNet,

Inc

4,964,364‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

24

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

43,460

*

Shockwave

Medical

Inc

$

9,167,018‌

103,160

*

Tenet

Healthcare

Corp

6,820,939‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

222,924,189‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.6

%

329,540

*

BellRing

Brands,

Inc

7,955,096‌

279,980

*

elf

Beauty,

Inc

9,387,729‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

17,342,825‌

INSURANCE

-

1

.3

%

49,580

American

Equity

Investment

Life

Holding

Co

1,862,225‌

84,960

Employers

Holdings,

Inc

3,373,762‌

2,343,350

*

Genworth

Financial,

Inc

(Class

A)

9,959,237‌

117,570

Selective

Insurance

Group,

Inc

9,154,000‌

145,460

Stewart

Information

Services

Corp

7,949,389‌

216,396

Universal

Insurance

Holdings,

Inc

2,737,409‌

TOTAL

INSURANCE

35,036,022‌

MATERIALS

-

4

.3

%

165,390

AdvanSix,

Inc

6,498,173‌

153,640

American

Vanguard

Corp

3,596,713‌

181,900

*

Aspen

Aerogels,

Inc

2,379,252‌

271,400

Commercial

Metals

Co

10,752,868‌

443,740

*

Constellium

SE

6,491,916‌

92,660

Innospec,

Inc

9,451,320‌

56,190

*

Intrepid

Potash,

Inc

2,562,264‌

112,080

Materion

Corp

9,183,835‌

150,114

Myers

Industries,

Inc

3,652,274‌

682,010

*

O-I

Glass,

Inc

10,032,367‌

89,074

Olympic

Steel,

Inc

2,648,170‌

271,880

Orion

Engineered

Carbons

SA

4,700,805‌

451,690

*

Rayonier

Advanced

Materials,

Inc

1,598,983‌

237,850

Ryerson

Holding

Corp

6,517,090‌

189,265

Schnitzer

Steel

Industries,

Inc

(Class

A)

6,730,263‌

123,540

Sensient

Technologies

Corp

10,621,969‌

37,610

Stepan

Co

4,220,218‌

111,420

Sylvamo

Corp

4,372,121‌

470,830

Tronox

Holdings

plc

7,349,656‌

147,940

United

States

Steel

Corp

3,498,781‌

TOTAL

MATERIALS

116,859,038‌

MEDIA

&

ENTERTAINMENT

-

2

.3

%

339,879

*

Cargurus,

Inc

8,255,661‌

410,280

*

Cars.com,

Inc

4,824,893‌

1,754,240

*

Clear

Channel

2,719,072‌

592,660

Entravision

Communications

Corp

(Class

A)

3,176,657‌

345,720

*

Integral

Ad

Science

Holding

Corp

3,273,968‌

184,800

*

Liberty

Braves

Group

(Class

C)

5,113,416‌

363,850

*

Lions

Gate

Entertainment

Corp

(Class

A)

3,187,326‌

463,590

*

Magnite,

Inc

3,541,827‌

222,610

Sinclair

Broadcast

Group,

Inc

(Class

A)

4,861,802‌

609,890

TEGNA,

Inc

12,771,097‌

23,887

*,e

Urban

One,

Inc

120,152‌

318,820

*

WideOpenWest,

Inc

5,859,912‌

125,280

*

Yelp,

Inc

3,841,085‌

TOTAL

MEDIA

&

ENTERTAINMENT

61,546,868‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

9

.6

%

426,210

*

Acadia

Pharmaceuticals,

Inc

6,261,025‌

163,610

*,e

Adicet

Bio,

Inc

2,763,373‌

1,305,430

*

ADMA

Biologics,

Inc

2,793,620‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

25

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

1,647,871

*

Agenus,

Inc

$

4,251,507‌

382,290

*

Alkermes

plc

9,786,624‌

182,580

*

Amphastar

Pharmaceuticals,

Inc

6,826,666‌

200,350

*,e

Amylyx

Pharmaceuticals,

Inc

5,407,446‌

199,930

*

Arcutis

Biotherapeutics,

Inc

4,850,302‌

78,742

*

Arrowhead

Pharmaceuticals

Inc

3,348,897‌

778,060

*

BioCryst

Pharmaceuticals,

Inc

8,574,221‌

259,890

*

C4

Therapeutics,

Inc

2,505,340‌

149,892

*

CareDx,

Inc

3,565,931‌

714,470

*

Catalyst

Pharmaceuticals,

Inc

7,316,173‌

267,730

*

ChemoCentryx,

Inc

6,323,783‌

333,350

*

Chinook

Therapeutics,

Inc

6,170,309‌

446,931

*

Codexis,

Inc

3,065,947‌

374,250

*

Coherus

Biosciences,

Inc

3,169,898‌

234,170

*

Crinetics

Pharmaceuticals,

Inc

4,498,406‌

1,421,290

*,e

CTI

BioPharma

Corp

9,295,237‌

391,490

*

Cytek

Biosciences,

Inc

5,011,072‌

557,930

*,e

Dynavax

Technologies

Corp

8,023,033‌

286,350

*,e

Editas

Medicine,

Inc

4,555,829‌

480,080

*

Evolus,

Inc

5,919,386‌

244,300

*,e

Fulcrum

Therapeutics,

Inc

1,436,484‌

241,680

*

Global

Blood

Therapeutics,

Inc

7,907,770‌

128,533

*

Harmony

Biosciences

Holdings,

Inc

6,520,479‌

233,060

*

Ideaya

Biosciences,

Inc

3,477,255‌

359,950

*

Innoviva,

Inc

5,161,683‌

179,620

*,e

Intercept

Pharmaceuticals,

Inc

2,291,951‌

211,254

*

Intra-Cellular

Therapies,

Inc

11,433,066‌

707,760

*

Iovance

Biotherapeutics,

Inc

8,245,404‌

700,362

*

Ironwood

Pharmaceuticals,

Inc

8,019,145‌

128,460

*

iTeos

Therapeutics,

Inc

3,142,132‌

463,229

*

IVERIC

bio,

Inc

4,951,918‌

707,600

*,e

Karyopharm

Therapeutics,

Inc

3,007,300‌

506,900

*

Kezar

Life

Sciences,

Inc

4,952,413‌

614,040

*,e

MannKind

Corp

2,118,438‌

756,540

*

Mersana

Therapeutics,

Inc

3,835,658‌

234,920

*

NeoGenomics,

Inc

2,377,390‌

321,130

*

NGM

Biopharmaceuticals

Inc

4,649,962‌

407,280

*

Nkarta,

Inc

5,502,353‌

359,090

*

Nurix

Therapeutics,

Inc

5,731,076‌

106,564

Phibro

Animal

Health

Corp

2,085,457‌

54,210

*

Prestige

Consumer

Healthcare,

Inc.

3,269,405‌

139,680

*

Prometheus

Biosciences,

Inc

5,960,146‌

154,180

*

Protagonist

Therapeutics,

Inc

1,534,091‌

179,190

*

Prothena

Corp

plc

5,565,641‌

110,578

*

Quanterix

Corp

1,768,142‌

921,920

*

Rigel

Pharmaceuticals,

Inc

1,097,085‌

1,117,656

*

Sangamo

Therapeutics

Inc

4,794,744‌

174,136

*

Travere

Therapeutics,

Inc

4,099,161‌

398,040

*

Vanda

Pharmaceuticals,

Inc

4,290,871‌

232,650

*

Vir

Biotechnology,

Inc

6,469,997‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

259,980,642‌

REAL

ESTATE

-

7

.0

%

131,700

Agree

Realty

Corp

10,482,003‌

226,810

Alexander

&

Baldwin,

Inc

4,515,787‌

355,350

Apple

Hospitality

REIT,

Inc

5,927,238‌

204,690

Corporate

Office

Properties

Trust

5,762,023‌

529,700

*

Cushman

&

Wakefield

plc

8,898,960‌

91,080

EastGroup

Properties,

Inc

15,532,783‌

391,240

Essential

Properties

Realty

Trust,

Inc

9,436,709‌

201,450

Healthcare

Realty

Trust,

Inc

5,288,062‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

26

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

177,560

Independence

Realty

Trust,

Inc

$

3,941,832‌

191,885

Kennedy-Wilson

Holdings,

Inc

3,964,344‌

709,220

Macerich

Co

7,524,824‌

157,290

Marcus

&

Millichap,

Inc

6,436,307‌

306,670

National

Storage

Affiliates

Trust

16,817,783‌

254,528

Newmark

Group,

Inc

2,901,619‌

91,120

Office

Properties

Income

Trust

1,893,474‌

357,150

Outfront

Media,

Inc

6,592,989‌

659,020

Paramount

Group,

Inc

5,173,307‌

317,300

Phillips

Edison

&

Co,

Inc

10,800,892‌

297,060

Piedmont

Office

Realty

Trust,

Inc

4,087,546‌

205,290

PotlatchDeltic

Corp

10,065,369‌

355,560

Retail

Opportunities

Investment

Corp

6,208,078‌

419,900

STAG

Industrial,

Inc

13,764,322‌

569,520

*

Summit

Hotel

Properties,

Inc

4,470,732‌

511,190

Tanger

Factory

Outlet

Centers,

Inc

8,317,061‌

728,130

Uniti

Group,

Inc

7,259,456‌

417,430

*

Whitestone

REIT

4,687,739‌

TOTAL

REAL

ESTATE

190,751,239‌

RETAILING

-

2

.0

%

150,880

Academy

Sports

&

Outdoors,

Inc

6,492,366‌

29,330

*

Boot

Barn

Holdings,

Inc

1,827,259‌

667,190

*

CarParts.com,

Inc

5,324,176‌

240,580

Designer

Brands,

Inc

3,471,569‌

694,710

Macy's,

Inc

12,261,632‌

149,320

*

MarineMax,

Inc

6,098,229‌

124,660

Monro

Muffler,

Inc

6,251,699‌

760,120

*,e

RealReal,

Inc

1,771,080‌

235,520

Rent-A-Center,

Inc

5,541,786‌

211,600

*

Sally

Beauty

Holdings,

Inc

2,704,248‌

25,770

e

Signet

Jewelers

Ltd

1,570,939‌

TOTAL

RETAILING

53,314,983‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

2

.5

%

317,957

*

Lattice

Semiconductor

Corp

19,554,355‌

137,380

*

MACOM

Technology

Solutions

Holdings,

Inc

7,959,797‌

221,710

*

MaxLinear,

Inc

8,959,301‌

444,400

*

Photronics,

Inc

10,581,164‌

190,320

*

Semtech

Corp

11,862,646‌

20,170

*

Silicon

Laboratories,

Inc

2,974,672‌

225,520

*

Veeco

Instruments,

Inc

4,916,336‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

66,808,271‌

SOFTWARE

&

SERVICES

-

6

.8

%

268,640

A10

Networks,

Inc

4,005,422‌

374,700

*

ACI

Worldwide,

Inc

10,690,191‌

220,690

*,e

Alkami

Technology,

Inc

3,072,005‌

451,260

*

AvidXchange

Holdings,

Inc

3,258,097‌

444,770

*

Box,

Inc

12,649,259‌

212,340

*

Brightcove,

Inc

1,263,423‌

162,320

*

ChannelAdvisor

Corp

2,392,597‌

177,870

*,e

Clear

Secure,

Inc

4,503,668‌

105,310

*

Commvault

Systems,

Inc

5,906,838‌

1,121,800

*

Conduent,

Inc

5,227,588‌

211,640

*

Digital

Turbine,

Inc

4,247,615‌

38,840

*

DigitalOcean

Holdings,

Inc

1,591,663‌

128,150

*

Domo,

Inc

3,589,482‌

301,480

*

EngageSmart,

Inc

5,688,928‌

95,900

*

ExlService

Holdings,

Inc

16,146,683‌

306,660

*

Flywire

Corp

7,194,244‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

27

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

421,920

*

Grid

Dynamics

Holdings,

Inc

$

7,961,630‌

356,080

*

KnowBe4,

Inc

5,088,383‌

146,880

*

Pagerduty,

Inc

3,808,598‌

176,645

Progress

Software

Corp

8,295,249‌

100,570

*

Qualys,

Inc

12,301,722‌

19,604

*

Rapid7,

Inc

1,254,068‌

551,970

*

Repay

Holdings

Corp

7,396,398‌

134,530

Sapiens

International

Corp

NV

3,539,484‌

154,550

*

Sprout

Social,

Inc

8,052,055‌

91,110

*

SPS

Commerce,

Inc

10,911,334‌

718,770

*

Sumo

Logic,

Inc

4,866,073‌

266,919

*

Tenable

Holdings,

Inc

10,316,419‌

335,230

*

Varonis

Systems,

Inc

8,524,899‌

TOTAL

SOFTWARE

&

SERVICES

183,744,015‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

3

.6

%

175,070

Belden

CDT,

Inc

11,330,530‌

103,308

*

ePlus,

Inc

5,740,825‌

717,240

*

Extreme

Networks,

Inc

9,381,499‌

97,380

*

Fabrinet

9,354,323‌

204,310

*,e

II-VI,

Inc

10,754,878‌

302,040

*

Knowles

Corp

5,965,290‌

83,633

*

OSI

Systems,

Inc

8,084,802‌

241,866

*

Ribbon

Communications,

Inc

819,926‌

370,461

*

Sanmina

Corp

17,059,729‌

45,580

*

Scansource,

Inc

1,456,281‌

130,560

*

Super

Micro

Computer,

Inc

7,051,546‌

504,750

Vishay

Intertechnology,

Inc

10,428,135‌

44,559

*

Vishay

Precision

Group,

Inc

1,389,350‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

98,817,114‌

TELECOMMUNICATION

SERVICES

-

0

.9

%

141,650

*

Bandwidth

Inc

2,355,639‌

274,200

*

EchoStar

Corp

(Class

A)

5,418,192‌

2,610,230

*,e

Globalstar,

Inc

3,654,322‌

343,870

*

Gogo,

Inc

5,969,583‌

436,020

*

Radius

Global

Infrastructure,

Inc

6,662,386‌

TOTAL

TELECOMMUNICATION

SERVICES

24,060,122‌

TRANSPORTATION

-

2

.4

%

135,882

ArcBest

Corp

12,039,145‌

107,986

Forward

Air

Corp

11,330,971‌

213,410

Genco

Shipping

&

Trading

Ltd

4,114,545‌

164,079

*

Hub

Group,

Inc

(Class

A)

12,535,636‌

591,130

Safe

Bulkers,

Inc

2,281,762‌

63,530

*

Saia,

Inc

15,110,610‌

301,122

*

Spirit

Airlines,

Inc

7,458,792‌

TOTAL

TRANSPORTATION

64,871,461‌

UTILITIES

-

3

.9

%

176,038

Black

Hills

Corp

13,590,134‌

257,189

e

Brookfield

Infrastructure

Corp

11,781,828‌

143,114

Clearway

Energy,

Inc

(Class

A)

4,941,727‌

238,480

Clearway

Energy,

Inc

(Class

C)

8,952,539‌

159,130

Northwest

Natural

Holding

Co

8,540,507‌

179,236

NorthWestern

Corp

9,938,636‌

146,340

Otter

Tail

Corp

10,283,312‌

125,921

Portland

General

Electric

Co

6,464,784‌

80,590

SJW

Corp

5,291,539‌

403,487

South

Jersey

Industries,

Inc

13,831,534‌

29,697

Southwest

Gas

Holdings

Inc

2,582,451‌

Portfolio

of

investments

(unaudited)

Quant

Small-Cap

Equity

Fund

July

31,

2022

28

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

196,032

*

Sunnova

Energy

International,

Inc

$

5,100,753‌

68,740

Unitil

Corp

3,764,890‌

TOTAL

UTILITIES

105,064,634‌

TOTAL

COMMON

STOCKS

2,691,188,164‌

(Cost

$2,439,797,460)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

3.8%

GOVERNMENT

AGENCY

DEBT

-

0

.7

%

$

18,700,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/05/22

18,695,479‌

TOTAL

GOVERNMENT

AGENCY

DEBT

18,695,479‌

REPURCHASE

AGREEMENT

-

0

.4

%

11,060,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

08/01/22

11,060,000‌

TOTAL

REPURCHASE

AGREEMENT

11,060,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

2

.7

%

72,568,220

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

72,568,220‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

72,568,220‌

TOTAL

SHORT-TERM

INVESTMENTS

102,323,699‌

(Cost

$102,325,023)

TOTAL

INVESTMENTS

-

103.0%

2,793,511,863‌

(Cost

$2,542,122,483)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(3.0)%

(

82,466,913‌

)

NET

ASSETS

-

100.0%

$

2,711,044,950‌

REIT

Real

Estate

Investment

Trust

*

Non-income

producing

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

d

All

or

a

portion

of

these

securities

have

been

segregated

to

cover

margin

requirements

on

open

futures

contracts.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$85,206,484.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$11,060,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.500%

and

maturity

date

11/30/28,

valued

at

$11,281,286.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

Russell

2000

E

Mini

Index

150‌

09/16/22

 $

13,038,044‌

$

14,139,750‌

$

1,101,706‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

29

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.8%

AUTOMOBILES

&

COMPONENTS

-

0

.5

%

85,655

*

Stoneridge,

Inc

$

1,612,027‌

48,680

Thor

Industries,

Inc

4,105,185‌

TOTAL

AUTOMOBILES

&

COMPONENTS

5,717,212‌

BANKS

-

7

.8

%

37,330

*

Axos

Financial,

Inc

1,558,901‌

77,749

Bank

of

NT

Butterfield

&

Son

Ltd

2,634,914‌

13,190

Banner

Corp

817,648‌

71,583

Berkshire

Hills

Bancorp,

Inc

2,016,493‌

173,934

Cadence

BanCorp

4,539,677‌

222,330

Capitol

Federal

Financial

2,132,145‌

84,651

Cathay

General

Bancorp

3,529,947‌

93,615

Central

Pacific

Financial

Corp

2,216,803‌

83,900

Columbia

Banking

System,

Inc

2,531,263‌

58,870

Community

Bank

System,

Inc

3,963,717‌

59,173

ConnectOne

Bancorp,

Inc

1,564,534‌

29,840

Cullen/Frost

Bankers,

Inc

3,891,136‌

32,250

Eagle

Bancorp,

Inc

1,581,217‌

32,300

Enterprise

Financial

Services

Corp

1,519,069‌

90,438

Essent

Group

Ltd

3,776,691‌

249,112

First

Bancorp

3,759,100‌

108,220

First

Financial

Bankshares,

Inc

4,781,160‌

77,230

First

Hawaiian,

Inc

1,968,593‌

112,772

First

Interstate

Bancsystem,

Inc

4,598,842‌

54,490

Glacier

Bancorp,

Inc

2,729,404‌

70,790

Hancock

Whitney

Corp

3,455,260‌

18,040

HomeStreet,

Inc

672,712‌

66,770

International

Bancshares

Corp

2,928,532‌

96,068

National

Bank

Holdings

Corp

3,998,350‌

37,400

NBT

Bancorp,

Inc

1,516,196‌

78,269

*

NMI

Holdings,

Inc

1,482,415‌

113,730

OFG

Bancorp

3,124,163‌

68,969

PacWest

Bancorp

1,933,201‌

28,776

Popular,

Inc

2,235,032‌

69,002

Prosperity

Bancshares,

Inc

5,112,358‌

66,000

Radian

Group,

Inc

1,476,420‌

85,510

Renasant

Corp

2,856,034‌

18,120

South

State

Corp

1,536,032‌

58,354

Washington

Federal,

Inc

1,991,622‌

30,690

Westamerica

Bancorporation

1,841,707‌

TOTAL

BANKS

92,271,288‌

CAPITAL

GOODS

-

13

.2

%

25,622

Advanced

Drainage

Systems,

Inc

3,038,769‌

81,806

Aecom

Technology

Corp

5,890,032‌

26,710

Aerojet

Rocketdyne

Holdings,

Inc

1,166,960‌

94,170

Allison

Transmission

Holdings,

Inc

3,942,898‌

158,790

*

API

Group

Corp

2,812,171‌

41,450

Applied

Industrial

Technologies,

Inc

4,169,455‌

85,678

*

Atkore

International

Group,

Inc

8,505,255‌

9,140

*

Axon

Enterprise,

Inc

1,007,137‌

28,429

AZZ,

Inc

1,209,370‌

112,660

*

Bloom

Energy

Corp

2,279,112‌

79,377

Boise

Cascade

Co

5,612,748‌

127,886

*

Builders

FirstSource,

Inc

8,696,248‌

13,710

Carlisle

Cos,

Inc

4,059,531‌

36,452

Comfort

Systems

USA,

Inc

3,851,518‌

71,160

Donaldson

Co,

Inc

3,871,816‌

21,680

*

Dycom

Industries,

Inc

2,236,509‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

30

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

41,501

EMCOR

Group,

Inc

$

4,829,471‌

50,620

*

Energy

Recovery,

Inc

1,125,283‌

10,405

EnPro

Industries,

Inc

972,659‌

68,485

Federal

Signal

Corp

2,843,497‌

22,710

*

Fluor

Corp

577,061‌

81,170

Fortune

Brands

Home

&

Security,

Inc

5,655,926‌

58,927

*

Gibraltar

Industries,

Inc

2,757,194‌

97,250

Howmet

Aerospace,

Inc

3,610,892‌

61,085

ITT,

Inc

4,583,208‌

38,650

*

Kratos

Defense

&

Security

Solutions,

Inc

556,173‌

21,210

*

Meritor,

Inc

772,468‌

270,713

*

MRC

Global,

Inc

3,145,685‌

38,010

Mueller

Industries,

Inc

2,559,213‌

17,330

Nordson

Corp

4,003,057‌

242,750

*

NOW,

Inc

2,684,815‌

89,590

nVent

Electric

plc

3,163,423‌

104,830

Pentair

plc

5,125,139‌

13,279

Quanta

Services,

Inc

1,842,196‌

111,440

Shyft

Group,

Inc

2,890,754‌

25,800

*

SiteOne

Landscape

Supply,

Inc

3,594,714‌

54,260

*

SPX

Corp

3,208,394‌

142,370

*

Sunrun,

Inc

4,654,075‌

34,100

Textron,

Inc

2,238,324‌

60,350

*

Titan

Machinery,

Inc

1,697,645‌

71,720

*

Trex

Co,

Inc

4,627,374‌

97,371

UFP

Industries,

Inc

8,978,580‌

156,440

*

Univar

Solutions

Inc

4,230,138‌

43,842

*

Vectrus,

Inc

1,457,308‌

159,050

Wabash

National

Corp

2,872,443‌

88,744

Zurn

Water

Solutions

Corp

2,569,139‌

TOTAL

CAPITAL

GOODS

156,175,777‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

2

.6

%

73,399

Booz

Allen

Hamilton

Holding

Co

7,044,836‌

29,860

*

Clean

Harbors,

Inc

2,914,037‌

101,470

*

First

Advantage

Corp

1,423,624‌

39,050

Insperity,

Inc

4,285,347‌

71,900

KBR,

Inc

3,827,237‌

84,190

Kforce,

Inc

5,543,912‌

31,590

Korn/Ferry

International

2,069,461‌

44,030

*

TriNet

Group,

Inc

3,632,475‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

30,740,929‌

CONSUMER

DURABLES

&

APPAREL

-

2

.0

%

10,390

*

Cavco

Industries,

Inc

2,678,438‌

81,780

*

G-III

Apparel

Group

Ltd

1,806,520‌

110,871

Newell

Brands

Inc

2,240,703‌

66,628

*

Skyline

Champion

Corp

4,217,553‌

90,520

Smith

&

Wesson

Brands,

Inc

1,317,066‌

100,913

Steven

Madden

Ltd

3,198,942‌

122,260

Tapestry,

Inc

4,111,604‌

272,350

*

Under

Armour,

Inc

(Class

A)

2,521,961‌

196,520

*

Under

Armour,

Inc

(Class

C)

1,623,255‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

23,716,042‌

CONSUMER

SERVICES

-

3

.7

%

70,080

ARAMARK

Holdings

Corp

2,340,672‌

83,800

Boyd

Gaming

Corp

4,651,738‌

26,370

*

Bright

Horizons

Family

Solutions

2,470,078‌

21,450

Choice

Hotels

International,

Inc

2,592,661‌

136,470

*

Denny's

Corp

1,325,124‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

31

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

SERVICES—continued

26,610

*

Duolingo,

Inc

$

2,441,467‌

68,600

*

Everi

Holdings,

Inc

1,317,806‌

63,352

*

frontdoor,

Inc

1,695,933‌

74,890

H&R

Block,

Inc

2,992,604‌

168,230

International

Game

Technology

plc

3,187,958‌

67,110

*

Penn

National

Gaming,

Inc

2,318,651‌

57,152

Red

Rock

Resorts,

Inc

2,247,788‌

91,430

*

Stride,

Inc

4,085,092‌

44,630

Texas

Roadhouse,

Inc

(Class

A)

3,892,629‌

17,650

Vail

Resorts,

Inc

4,185,345‌

100,220

Wendy's

2,107,627‌

TOTAL

CONSUMER

SERVICES

43,853,173‌

DIVERSIFIED

FINANCIALS

-

4

.6

%

84,460

A-Mark

Precious

Metals,

Inc

2,559,138‌

149,803

Brightsphere

Investment

Group,

Inc

2,832,775‌

110,842

*

Cannae

Holdings,

Inc

2,339,875‌

110,120

Carlyle

Group,

Inc

4,284,769‌

58,740

CBOE

Global

Markets,

Inc

7,247,341‌

28,688

Cohen

&

Steers,

Inc

2,114,019‌

30,050

Evercore

Inc

3,004,098‌

14,680

Factset

Research

Systems,

Inc

6,307,702‌

31,400

Houlihan

Lokey,

Inc

2,655,184‌

10,000

e

iShares

Russell

2000

Index

Fund

1,872,500‌

30,350

KKR

Real

Estate

Finance

Trust,

Inc

591,521‌

247,640

*

LendingClub

Corp

3,429,814‌

25,923

LPL

Financial

Holdings,

Inc

5,441,756‌

14,470

MarketAxess

Holdings,

Inc

3,918,187‌

49,333

OneMain

Holdings,

Inc

1,835,188‌

169,640

*

SoFi

Technologies,

Inc

1,070,428‌

62,580

StepStone

Group,

Inc

1,667,131‌

58,950

Virtu

Financial,

Inc

1,375,304‌

TOTAL

DIVERSIFIED

FINANCIALS

54,546,730‌

ENERGY

-

5

.1

%

312,100

*

Alto

Ingredients,

Inc

1,342,030‌

185,730

APA

Corp

6,903,584‌

105,500

Brigham

Minerals,

Inc

2,801,025‌

158,480

*

Centennial

Resource

Development,

Inc

1,055,477‌

49,570

CVR

Energy,

Inc

1,662,578‌

60,330

Delek

US

Holdings,

Inc

1,608,398‌

34,360

Devon

Energy

Corp

2,159,526‌

48,230

*

Golar

LNG

Ltd

1,078,905‌

290,070

*

Kosmos

Energy

Ltd

1,839,044‌

150,450

*

Liberty

Oilfield

Services,

Inc

2,136,390‌

21,380

*

Nabors

Industries

Ltd

3,046,436‌

433,569

*

NexTier

Oilfield

Solutions,

Inc

4,322,683‌

148,360

*

Par

Pacific

Holdings,

Inc

2,447,940‌

106,590

Patterson-UTI

Energy,

Inc

1,764,064‌

210,310

*

PBF

Energy,

Inc

7,013,838‌

93,380

*

Range

Resources

Corp

3,088,077‌

175,600

SM

Energy

Co

7,248,768‌

117,670

*

Talos

Energy,

Inc

2,229,846‌

33,560

Targa

Resources

Investments,

Inc

2,319,332‌

602,410

*

Tellurian,

Inc

2,240,965‌

76,400

*

Weatherford

International

Ltd

1,767,132‌

TOTAL

ENERGY

60,076,038‌

FOOD

&

STAPLES

RETAILING

-

2

.1

%

66,040

Albertsons

Cos,

Inc

1,773,174‌

28,790

*

BJ's

Wholesale

Club

Holdings,

Inc

1,949,083‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

32

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD

&

STAPLES

RETAILING—continued

16,870

Casey's

General

Stores,

Inc

$

3,418,705‌

50,050

*

Grocery

Outlet

Holding

Corp

2,138,136‌

103,480

*

Performance

Food

Group

Co

5,143,991‌

176,120

*

Rite

Aid

Corp

1,449,468‌

100,384

*

United

Natural

Foods,

Inc

4,267,324‌

147,080

*

US

Foods

Holding

Corp

4,633,020‌

TOTAL

FOOD

&

STAPLES

RETAILING

24,772,901‌

FOOD,

BEVERAGE

&

TOBACCO

-

2

.0

%

46,520

B&G

Foods,

Inc

(Class

A)

1,149,509‌

18,973

*

Bunge

Ltd

1,751,777‌

43,090

Cal-Maine

Foods,

Inc

2,202,330‌

214,423

*

Hostess

Brands,

Inc

4,850,248‌

61,430

Lamb

Weston

Holdings,

Inc

4,893,514‌

90,970

*

Pilgrim's

Pride

Corp

2,853,729‌

245,050

Primo

Water

Corp

3,239,561‌

220,450

Vector

Group

Ltd

2,455,813‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

23,396,481‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.8

%

165,030

*

Allscripts

Healthcare

Solutions,

Inc

2,610,775‌

28,930

*

Avanos

Medical,

Inc

820,744‌

24,770

*

Axonics

Modulation

Technologies,

Inc

1,606,830‌

79,960

*

Cardiovascular

Systems,

Inc

1,232,184‌

152,120

*

Cross

Country

Healthcare,

Inc

4,009,883‌

153,840

*

Evolent

Health,

Inc

5,229,022‌

330,450

*,e

Hims

&

Hers

Health,

Inc

2,045,485‌

43,060

*

Integra

LifeSciences

Holdings

Corp

2,370,022‌

39,720

*

Lantheus

Holdings,

Inc

3,047,318‌

63,050

*

Merit

Medical

Systems,

Inc

3,624,114‌

6,270

*

Molina

Healthcare,

Inc

2,054,804‌

273,970

*

Multiplan

Corp

1,386,288‌

68,020

*

Oak

Street

Health,

Inc

1,969,179‌

140,340

*

Option

Care

Health,

Inc

4,715,424‌

82,260

Owens

&

Minor,

Inc

2,912,827‌

124,377

Patterson

Cos,

Inc

3,863,150‌

84,720

*

Phreesia,

Inc

1,990,073‌

66,630

Premier,

Inc

2,562,590‌

131,180

*

Project

Roadrunner

Parent,

Inc

3,279,500‌

44,840

*

QuidelOrtho

Corp

4,575,474‌

18,410

*

Shockwave

Medical

Inc

3,883,221‌

156,910

*,e

Signify

Health,

Inc

2,684,730‌

58,310

*

Tandem

Diabetes

Care,

Inc

3,860,705‌

31,560

*

Tenet

Healthcare

Corp

2,086,747‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

68,421,089‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.9

%

137,810

*

BellRing

Brands,

Inc

3,326,733‌

120,124

*

elf

Beauty,

Inc

4,027,758‌

22,864

Medifast,

Inc

3,845,496‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

11,199,987‌

INSURANCE

-

2

.2

%

33,301

American

Financial

Group,

Inc

4,451,678‌

78,650

Axis

Capital

Holdings

Ltd

3,971,038‌

89,380

Brown

&

Brown,

Inc

5,818,638‌

114,010

Conseco,

Inc

2,137,688‌

180,730

Old

Republic

International

Corp

4,205,587‌

21,840

*

Palomar

Holdings,

Inc

1,362,161‌

36,050

W.R.

Berkley

Corp

2,254,206‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

33

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

1,869

White

Mountains

Insurance

Group

Ltd

$

2,316,495‌

TOTAL

INSURANCE

26,517,491‌

MATERIALS

-

6

.2

%

28,152

Avery

Dennison

Corp

5,361,830‌

124,620

Chemours

Co

4,435,226‌

199,690

*

Constellium

SE

2,921,465‌

16,870

Eagle

Materials,

Inc

2,133,212‌

191,265

Element

Solutions,

Inc

3,779,396‌

85,120

Huntsman

Corp

2,465,075‌

30,500

*

Ingevity

Corp

2,046,550‌

16,709

Innospec,

Inc

1,704,318‌

120,460

*

Livent

Corp

2,998,249‌

53,070

Louisiana-Pacific

Corp

3,376,844‌

16,297

Materion

Corp

1,335,376‌

30,510

Packaging

Corp

of

America

4,290,011‌

38,244

Reliance

Steel

&

Aluminum

Co

7,275,921‌

28,240

Royal

Gold,

Inc

2,958,705‌

92,150

Sealed

Air

Corp

5,632,208‌

72,567

Silgan

Holdings,

Inc

3,229,232‌

129,840

SSR

Mining,

Inc

2,137,166‌

56,040

Steel

Dynamics,

Inc

4,364,395‌

132,904

*

Summit

Materials,

Inc

3,656,189‌

181,750

Tronox

Holdings

plc

2,837,118‌

150,750

Valvoline,

Inc

4,857,165‌

TOTAL

MATERIALS

73,795,651‌

MEDIA

&

ENTERTAINMENT

-

1

.6

%

882,870

*

Clear

Channel

1,368,448‌

93,390

*

Eventbrite

Inc

874,130‌

86,994

*

Liberty

Media

Group

(Class

C)

5,895,583‌

119,400

*

Lions

Gate

Entertainment

Corp

(Class

A)

1,045,944‌

21,920

*

Madison

Square

Garden

Co

3,370,857‌

131,865

*

Magnite,

Inc

1,007,449‌

79,820

Sinclair

Broadcast

Group,

Inc

(Class

A)

1,743,269‌

122,340

TEGNA,

Inc

2,561,800‌

45,510

*

Yelp,

Inc

1,395,337‌

TOTAL

MEDIA

&

ENTERTAINMENT

19,262,817‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

7

.5

%

162,420

*

Acadia

Pharmaceuticals,

Inc

2,385,950‌

117,612

*

Alkermes

plc

3,010,867‌

21,070

*

Amphastar

Pharmaceuticals,

Inc

787,807‌

85,120

*

AnaptysBio,

Inc

1,782,413‌

77,100

*

Arcutis

Biotherapeutics,

Inc

1,870,446‌

92,740

*

Avantor,

Inc

2,691,315‌

2,410

Bio-Techne

Corp

928,525‌

78,740

*

Bioxcel

Therapeutics

Inc

1,215,746‌

46,373

Brooks

Automation,

Inc

3,165,421‌

53,770

Bruker

BioSciences

Corp

3,685,934‌

11,812

*

Charles

River

Laboratories

International,

Inc

2,959,378‌

129,210

*

Chinook

Therapeutics,

Inc

2,391,677‌

234,880

*

Codexis,

Inc

1,611,277‌

115,240

*

Cytek

Biosciences,

Inc

1,475,072‌

125,040

*

Evolus,

Inc

1,541,743‌

110,270

*

Exelixis,

Inc

2,306,848‌

160,360

*

FibroGen,

Inc

2,017,329‌

53,470

*

Global

Blood

Therapeutics,

Inc

1,749,538‌

86,000

*

Halozyme

Therapeutics,

Inc

4,205,400‌

24,280

*

Harmony

Biosciences

Holdings,

Inc

1,231,724‌

124,180

*

Innoviva,

Inc

1,780,741‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

34

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

205,410

*

Iovance

Biotherapeutics,

Inc

$

2,393,027‌

260,900

*

Ironwood

Pharmaceuticals,

Inc

2,987,305‌

364,220

*

Karyopharm

Therapeutics,

Inc

1,547,935‌

121,200

*

Kezar

Life

Sciences,

Inc

1,184,124‌

75,930

*

Nkarta,

Inc

1,025,814‌

73,600

Perrigo

Co

plc

3,081,632‌

44,778

Phibro

Animal

Health

Corp

876,305‌

35,180

*

Prestige

Consumer

Healthcare,

Inc.

2,121,706‌

58,710

*

Prothena

Corp

plc

1,823,533‌

124,250

*

QIAGEN

NV

6,167,770‌

50,486

*

Sarepta

Therapeutics,

Inc

4,692,674‌

97,320

*

Supernus

Pharmaceuticals,

Inc

3,089,910‌

64,680

*

Syneos

Health,

Inc

5,118,775‌

22,295

*

United

Therapeutics

Corp

5,151,706‌

48,390

*

Verve

Therapeutics,

Inc

1,191,362‌

49,920

*

Vir

Biotechnology,

Inc

1,388,275‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

88,637,004‌

REAL

ESTATE

-

8

.6

%

160,340

Acadia

Realty

Trust

2,746,624‌

78,431

Alexander

&

Baldwin,

Inc

1,561,561‌

64,000

American

Campus

Communities,

Inc

4,180,480‌

159,590

American

Homes

4

Rent

6,045,269‌

108,650

Apartment

Income

REIT

Corp

4,926,191‌

42,310

Camden

Property

Trust

5,969,941‌

128,540

CubeSmart

5,896,130‌

129,360

Douglas

Elliman,

Inc

776,160‌

56,880

Douglas

Emmett,

Inc

1,344,643‌

74,910

EPR

Properties

4,030,907‌

86,556

Equity

Lifestyle

Properties,

Inc

6,363,597‌

177,780

Essential

Properties

Realty

Trust,

Inc

4,288,054‌

81,379

First

Industrial

Realty

Trust,

Inc

4,227,639‌

113,535

Gaming

and

Leisure

Properties,

Inc

5,902,685‌

130,610

Independence

Realty

Trust,

Inc

2,899,542‌

73,716

Kennedy-Wilson

Holdings,

Inc

1,522,973‌

36,209

Life

Storage,

Inc

4,558,351‌

59,720

Marcus

&

Millichap,

Inc

2,443,742‌

74,990

National

Retail

Properties,

Inc

3,570,274‌

44,223

NexPoint

Residential

Trust,

Inc

2,942,598‌

185,550

Outfront

Media,

Inc

3,425,253‌

435,300

Paramount

Group,

Inc

3,417,105‌

134,380

Piedmont

Office

Realty

Trust,

Inc

1,849,069‌

28,670

Regency

Centers

Corp

1,847,208‌

12,180

Rexford

Industrial

Realty,

Inc

796,694‌

17,328

RMR

Group,

Inc

500,952‌

239,950

Service

Properties

Trust

1,569,273‌

93,860

Spirit

Realty

Capital,

Inc

4,161,752‌

98,615

STAG

Industrial,

Inc

3,232,600‌

117,790

STORE

Capital

Corp

3,418,266‌

36,450

VICI

Properties,

Inc

1,246,225‌

48,750

*

Whitestone

REIT

547,463‌

TOTAL

REAL

ESTATE

102,209,221‌

RETAILING

-

2

.8

%

46,061

*

Autonation,

Inc

5,469,283‌

27,180

*

Boot

Barn

Holdings,

Inc

1,693,314‌

369,640

*

CarParts.com,

Inc

2,949,727‌

563,200

*

Chico's

FAS,

Inc

2,827,264‌

229,960

Designer

Brands,

Inc

3,318,323‌

4,440

*

Five

Below,

Inc

564,191‌

58,780

Kohl's

Corp

1,712,849‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

35

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

RETAILING—continued

12,400

Murphy

USA,

Inc

$

3,526,064‌

82,320

*

ODP

Corp

2,988,216‌

29,080

*

Ollie's

Bargain

Outlet

Holdings,

Inc

1,714,266‌

44,400

Williams-Sonoma,

Inc

6,412,248‌

TOTAL

RETAILING

33,175,745‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

3

.3

%

39,180

*

Allegro

MicroSystems,

Inc

972,839‌

37,860

*

Ambarella,

Inc

3,276,783‌

84,404

Amkor

Technology,

Inc

1,702,429‌

13,175

*

Enphase

Energy,

Inc

3,744,072‌

14,680

Entegris,

Inc

1,613,332‌

62,327

*

Formfactor,

Inc

2,216,348‌

41,735

*

Impinj,

Inc

3,548,310‌

105,926

*

Lattice

Semiconductor

Corp

6,514,449‌

30,140

*

MaxLinear,

Inc

1,217,957‌

4,070

Monolithic

Power

Systems,

Inc

1,891,410‌

20,290

*

ON

Semiconductor

Corp

1,354,966‌

211,170

*

Photronics,

Inc

5,027,958‌

66,870

*

Semtech

Corp

4,168,007‌

67,490

*

Ultra

Clean

Holdings

2,267,664‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

39,516,524‌

SOFTWARE

&

SERVICES

-

9

.8

%

91,430

*

ACI

Worldwide,

Inc

2,608,498‌

67,033

Amdocs

Ltd

5,835,893‌

54,530

*

Asana,

Inc

1,053,520‌

38,527

*

Avalara,

Inc

3,368,030‌

187,370

*

AvidXchange

Holdings,

Inc

1,352,811‌

71,548

*

Black

Knight,

Inc

4,699,273‌

21,441

Concentrix

Corp

2,867,948‌

74,900

*

Domo,

Inc

2,097,949‌

170,510

*

Dropbox,

Inc

3,877,397‌

88,040

*

Duck

Creek

Technologies,

Inc

1,214,952‌

119,473

*

Dynatrace,

Inc

4,495,769‌

66,025

*

Elastic

NV

5,274,737‌

38,191

EVERTEC,

Inc

1,489,067‌

10,980

*

ExlService

Holdings,

Inc

1,848,703‌

26,191

*

Five9,

Inc

2,831,771‌

141,550

*

Flywire

Corp

3,320,763‌

122,750

Genpact

Ltd

5,901,820‌

20,370

*

Globant

S.A.

4,058,519‌

226,910

*

Grid

Dynamics

Holdings,

Inc

4,281,792‌

24,490

Jack

Henry

&

Associates,

Inc

5,088,287‌

41,500

*

Manhattan

Associates,

Inc

5,837,805‌

175,795

*

Nutanix,

Inc

2,659,778‌

148,340

*

Paya

Holdings,

Inc

1,036,897‌

22,869

*

Paylocity

Holding

Corp

4,709,413‌

20,740

*

Qualys,

Inc

2,536,917‌

28,690

*

Rapid7,

Inc

1,835,299‌

47,340

*

RingCentral,

Inc

2,342,857‌

103,940

*

SentinelOne,

Inc

2,582,909‌

113,540

*

Smartsheet,

Inc

3,413,012‌

46,613

*

SPS

Commerce,

Inc

5,582,373‌

44,866

*

SVMK,

Inc

388,091‌

59,980

*

Tenable

Holdings,

Inc

2,318,227‌

76,990

*

Toast,

Inc

1,230,300‌

123,290

*

Varonis

Systems,

Inc

3,135,265‌

180,780

Western

Union

Co

3,076,876‌

54,572

*

Zendesk,

Inc

4,115,820‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

36

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

209,320

*

Zuora

Inc

$

1,781,313‌

TOTAL

SOFTWARE

&

SERVICES

116,150,651‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

3

.2

%

185,950

*

Arlo

Technologies,

Inc

1,307,228‌

42,965

*

Arrow

Electronics,

Inc

5,506,824‌

115,235

Avnet,

Inc

5,516,299‌

70,280

*

Ciena

Corp

3,626,448‌

51,910

*

Extreme

Networks,

Inc

678,983‌

15,930

*

Fabrinet

1,530,236‌

90,346

Jabil

Inc

5,361,132‌

95,971

National

Instruments

Corp

3,646,898‌

188,100

*

Pure

Storage,

Inc

5,332,635‌

26,152

*

Sanmina

Corp

1,204,300‌

73,180

*

Super

Micro

Computer,

Inc

3,952,452‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

37,663,435‌

TELECOMMUNICATION

SERVICES

-

0

.4

%

1,083,030

*,e

Globalstar,

Inc

1,516,242‌

75,800

*

Gogo,

Inc

1,315,888‌

140,884

*

Liberty

Latin

America

Ltd

(Class

C)

1,034,088‌

91,410

*

Radius

Global

Infrastructure,

Inc

1,396,745‌

TOTAL

TELECOMMUNICATION

SERVICES

5,262,963‌

TRANSPORTATION

-

2

.0

%

57,112

*

Alaska

Air

Group,

Inc

2,531,775‌

19,086

Forward

Air

Corp

2,002,694‌

74,940

*

GXO

Logistics,

Inc

3,597,120‌

33,385

*

Hub

Group,

Inc

(Class

A)

2,550,614‌

25,310

Ryder

System,

Inc

1,982,279‌

14,410

*

Saia,

Inc

3,427,419‌

99,550

Schneider

National,

Inc

2,521,602‌

81,260

*

XPO

Logistics,

Inc

4,854,472‌

TOTAL

TRANSPORTATION

23,467,975‌

UTILITIES

-

1

.9

%

57,264

Clearway

Energy,

Inc

(Class

A)

1,977,326‌

71,430

Essential

Utilities

Inc

3,710,074‌

12,780

MGE

Energy,

Inc

1,040,036‌

65,910

Northwest

Natural

Holding

Co

3,537,390‌

155,390

OGE

Energy

Corp

6,383,421‌

25,820

ONE

Gas,

Inc

2,193,151‌

117,437

Vistra

Energy

Corp

3,035,747‌

TOTAL

UTILITIES

21,877,145‌

TOTAL

COMMON

STOCKS

1,182,424,269‌

(Cost

$1,042,329,533)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.2%

REPURCHASE

AGREEMENT

-

0

.2

%

$

1,810,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

%

08/01/22

1,810,000‌

TOTAL

REPURCHASE

AGREEMENT

1,810,000‌

Portfolio

of

investments

(unaudited)

Quant

Small/Mid-Cap

Equity

Fund

July

31,

2022

37

TIAA-CREF

Funds

concluded

SHARES

COMPANY

RATE

VALUE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.0

%

76,091

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

$

76,091‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

76,091‌

TOTAL

SHORT-TERM

INVESTMENTS

1,886,091‌

(Cost

$1,886,091)

TOTAL

INVESTMENTS

-

100.0%

1,184,310,360‌

(Cost

$1,044,215,624)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.0)%

(

177,042‌

)

NET

ASSETS

-

100.0%

$

1,184,133,318‌

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

$8,313,846.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$1,810,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$1,846,282.

Social

Choice

Equity

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

38

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.6%

AUTOMOBILES

&

COMPONENTS

-

2

.6

%

199,551

*

American

Axle

&

Manufacturing

Holdings,

Inc

$

1,778,000‌

110,497

*

Aptiv

plc

11,590,030‌

12,746

BorgWarner,

Inc

490,211‌

263,562

*,e

Lordstown

Motors

Corp

590,379‌

39,194

*

Modine

Manufacturing

Co

514,225‌

171,160

*

Tesla,

Inc

152,580,582‌

TOTAL

AUTOMOBILES

&

COMPONENTS

167,543,427‌

BANKS

-

2

.9

%

1,694

Ameris

Bancorp

80,109‌

47,422

Bank

OZK

1,901,622‌

3,518

Banner

Corp

218,081‌

47,884

Berkshire

Hills

Bancorp,

Inc

1,348,892‌

6,267

Brookline

Bancorp,

Inc

86,673‌

1,259

Cadence

BanCorp

32,860‌

3,985

Camden

National

Corp

182,114‌

830,296

Citigroup,

Inc

43,092,362‌

471,252

Citizens

Financial

Group,

Inc

17,893,438‌

440

Columbia

Banking

System,

Inc

13,275‌

108,335

Comerica,

Inc

8,425,213‌

370

Commerce

Bancshares,

Inc

25,711‌

1,572

Community

Trust

Bancorp,

Inc

68,115‌

3,270

Cullen/Frost

Bankers,

Inc

426,408‌

46,110

*

Customers

Bancorp,

Inc

1,760,941‌

6,874

Federal

Agricultural

Mortgage

Corp

(FAMC)

758,133‌

10,587

First

Busey

Corp

260,970‌

44,108

First

Republic

Bank

7,176,813‌

1,130

FNB

Corp

13,515‌

540

Glacier

Bancorp,

Inc

27,049‌

1,279

Hancock

Whitney

Corp

62,428‌

3,902

Heritage

Financial

Corp

101,530‌

19,184

HomeStreet,

Inc

715,371‌

285,811

Huntington

Bancshares,

Inc

3,798,428‌

218,676

Keycorp

4,001,771‌

24,031

Live

Oak

Bancshares,

Inc

904,527‌

15,374

*

Mr

Cooper

Group,

Inc

692,599‌

26,162

National

Bank

Holdings

Corp

1,088,862‌

310

NBT

Bancorp,

Inc

12,567‌

7,838

Old

National

Bancorp

136,460‌

53,702

Pinnacle

Financial

Partners,

Inc

4,247,828‌

232,447

PNC

Financial

Services

Group,

Inc

38,572,255‌

682,855

Regions

Financial

Corp

14,462,869‌

19,485

*

SVB

Financial

Group

7,863,172‌

1,879

*

Texas

Capital

Bancshares,

Inc

110,147‌

10,055

TFS

Financial

Corp

147,306‌

17,614

*

The

Bancorp,

Inc

433,304‌

3,796

Trico

Bancshares

181,449‌

513,618

Truist

Financial

Corp

25,922,300‌

350

Trustmark

Corp

11,364‌

2,167

UMB

Financial

Corp

196,113‌

650

Umpqua

Holdings

Corp

11,447‌

17,523

Univest

Financial

Corp

437,024‌

1,553

Westamerica

Bancorporation

93,196‌

230

Wintrust

Financial

Corp

19,789‌

55,123

Zions

Bancorporation

3,006,960‌

TOTAL

BANKS

191,023,360‌

CAPITAL

GOODS

-

5

.3

%

213,347

3M

Co

30,559,824‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

39

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

954

Acuity

Brands,

Inc

$

174,010‌

85,519

*

Axon

Enterprise,

Inc

9,423,339‌

419

*

Beacon

Roofing

Supply,

Inc

25,148‌

5,486

*

Bloom

Energy

Corp

110,982‌

17,565

Carlisle

Cos,

Inc

5,200,996‌

244,666

Carrier

Global

Corp

9,916,313‌

233,113

Caterpillar,

Inc

46,214,652‌

35,835

Cummins,

Inc

7,930,644‌

66,460

Curtiss-Wright

Corp

9,533,022‌

121,467

Deere

&

Co

41,685,045‌

180,177

Eaton

Corp

26,736,465‌

1,365

EMCOR

Group,

Inc

158,845‌

48,540

Emerson

Electric

Co

4,371,998‌

119,034

Fastenal

Co

6,113,586‌

99,730

Fortive

Corp

6,427,599‌

300

GATX

Corp

30,075‌

245

Granite

Construction,

Inc

7,326‌

11,668

Herc

Holdings,

Inc

1,447,065‌

143,741

Hexcel

Corp

8,697,768‌

1,801

IDEX

Corp

375,959‌

191,795

Illinois

Tool

Works,

Inc

39,847,329‌

317,614

Johnson

Controls

International

plc

17,122,571‌

171,085

Masco

Corp

9,474,687‌

98,990

*

Mercury

Systems,

Inc

5,841,400‌

7,159

Moog,

Inc

(Class

A)

613,097‌

3,829

*

MYR

Group,

Inc

364,636‌

6,412

Owens

Corning,

Inc

594,649‌

59,731

PACCAR,

Inc

5,466,581‌

37,955

Rockwell

Automation,

Inc

9,689,152‌

3,916

Rush

Enterprises,

Inc

(Class

A)

188,712‌

9,292

Snap-On,

Inc

2,081,873‌

69,059

Trane

Technologies

plc

10,150,982‌

30,230

*

United

Rentals,

Inc

9,754,314‌

20,461

*

Vectrus,

Inc

680,124‌

13,236

W.W.

Grainger,

Inc

7,194,163‌

1,174

Wabash

National

Corp

21,202‌

4,192

*

WESCO

International,

Inc

535,905‌

36,655

Woodward

Inc

3,837,779‌

36,530

Xylem,

Inc

3,361,856‌

TOTAL

CAPITAL

GOODS

341,961,673‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.3

%

540

ABM

Industries,

Inc

24,214‌

9,872

ACCO

Brands

Corp

70,782‌

970

*

ASGN

Inc

100,647‌

15,838

Cintas

Corp

6,738,911‌

282,924

*

Copart,

Inc

36,242,564‌

4,282

Heidrick

&

Struggles

International,

Inc

133,341‌

188

Herman

Miller,

Inc

5,661‌

143,033

*

KAR

Auction

Services,

Inc

2,445,864‌

39,570

Kelly

Services,

Inc

(Class

A)

857,878‌

52,605

Robert

Half

International,

Inc

4,163,160‌

1,210

Steelcase,

Inc

(Class

A)

13,467‌

120,100

TransUnion

9,515,523‌

2,825

*

TriNet

Group,

Inc

233,062‌

14,026

Verisk

Analytics,

Inc

2,668,447‌

145,676

Waste

Management,

Inc

23,972,443‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

87,185,964‌

CONSUMER

DURABLES

&

APPAREL

-

1

.3

%

396

Columbia

Sportswear

Co

29,308‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

40

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

48,547

DR

Horton,

Inc

$

3,788,122‌

41,286

Ethan

Allen

Interiors,

Inc

949,165‌

56,305

*

GoPro,

Inc

358,100‌

9,306

*

Green

Brick

Partners,

Inc

249,401‌

258

Hasbro,

Inc

20,310‌

23,776

*

iRobot

Corp

1,093,934‌

20,310

*

Lovesac

Co

632,860‌

27,336

*

Lululemon

Athletica,

Inc

8,488,101‌

5,483

Newell

Brands

Inc

110,811‌

465,102

Nike,

Inc

(Class

B)

53,449,522‌

1,897

*

NVR,

Inc

8,333,711‌

1,614

PVH

Corp

99,939‌

136,133

*

Sonos,

Inc

3,009,901‌

55,879

*

Traeger,

Inc

171,548‌

87,275

*

Tupperware

Brands

Corp

651,071‌

57,495

VF

Corp

2,568,877‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

84,004,681‌

CONSUMER

SERVICES

-

2

.3

%

19,997

ADT,

Inc

145,978‌

26,652

*

American

Public

Education,

Inc

418,703‌

22,805

*

Booking

Holdings,

Inc

44,143,410‌

33,683

*

Bright

Horizons

Family

Solutions

3,155,087‌

27,978

Carriage

Services,

Inc

1,015,042‌

79,641

*

Dave

&

Buster's

Entertainment,

Inc

2,975,388‌

24,042

Domino's

Pizza,

Inc

9,427,109‌

36,071

*

El

Pollo

Loco

Holdings,

Inc

350,610‌

1,303

Graham

Holdings

Co

774,621‌

237,102

Hilton

Worldwide

Holdings,

Inc

30,365,653‌

28,107

*

Planet

Fitness,

Inc

2,215,113‌

3,259

*

Shake

Shack,

Inc

167,708‌

73,527

*

Six

Flags

Entertainment

Corp

1,666,857‌

511,018

Starbucks

Corp

43,324,106‌

87,949

*

Terminix

Global

Holdings,

Inc

3,931,320‌

19,207

Vail

Resorts,

Inc

4,554,556‌

74,915

Wendy's

1,575,462‌

94,636

*

WW

International

Inc

628,383‌

TOTAL

CONSUMER

SERVICES

150,835,106‌

DIVERSIFIED

FINANCIALS

-

7

.4

%

178,603

Ally

Financial,

Inc

5,906,401‌

286,307

American

Express

Co

44,097,004‌

60,154

Ameriprise

Financial,

Inc

16,236,768‌

502,214

Bank

of

New

York

Mellon

Corp

21,826,220‌

65,633

BlackRock,

Inc

43,920,291‌

647,988

Charles

Schwab

Corp

44,743,571‌

127,359

CME

Group,

Inc

25,405,573‌

280

Cohen

&

Steers,

Inc

20,633‌

318,912

Discover

Financial

Services

32,210,112‌

8,872

Factset

Research

Systems,

Inc

3,812,121‌

145,421

Goldman

Sachs

Group,

Inc

48,481,907‌

9,333

*

Green

Dot

Corp

262,257‌

335,651

Intercontinental

Exchange

Group,

Inc

34,233,046‌

36,329

Invesco

Ltd

644,476‌

78,034

Moody's

Corp

24,210,049‌

543,535

Morgan

Stanley

45,820,001‌

22,879

Nasdaq

Inc

4,138,811‌

101,805

Northern

Trust

Corp

10,158,103‌

200,000

Nuveen

ESG

Large-Cap

ETF

6,902,560‌

5,668

*

PRA

Group,

Inc

225,813‌

2,432

*

PROG

Holdings,

Inc

44,797‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

41

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

DIVERSIFIED

FINANCIALS—continued

7,993

Raymond

James

Financial,

Inc

$

787,071‌

137,355

S&P

Global,

Inc

51,773,220‌

123,600

State

Street

Corp

8,780,544‌

65,344

T

Rowe

Price

Group,

Inc

8,068,024‌

25,591

Voya

Financial,

Inc

1,539,555‌

TOTAL

DIVERSIFIED

FINANCIALS

484,248,928‌

ENERGY

-

4

.3

%

365,578

Antero

Midstream

Corp

3,677,715‌

182,220

APA

Corp

6,773,117‌

255,419

Baker

Hughes

Co

6,561,714‌

2,812

ChampionX

Corp

58,743‌

185,947

Cheniere

Energy,

Inc

27,813,952‌

516,818

ConocoPhillips

50,353,578‌

2,207

Delek

US

Holdings,

Inc

58,839‌

148,599

Devon

Energy

Corp

9,339,447‌

12,678

*

DMC

Global,

Inc

288,551‌

152,325

EOG

Resources,

Inc

16,941,586‌

211,025

EQT

Corp

9,291,431‌

96,629

Hess

Corp

10,867,864‌

950,369

Kinder

Morgan,

Inc

17,097,138‌

681,982

*

Kosmos

Energy

Ltd

4,323,766‌

91,865

Marathon

Petroleum

Corp

8,420,346‌

322,948

NOV,

Inc

6,010,062‌

295,497

Occidental

Petroleum

Corp

19,428,928‌

12,097

*

Oceaneering

International,

Inc

128,470‌

19,522

ONEOK,

Inc

1,166,244‌

18,932

Ovintiv,

Inc

967,236‌

81,545

Pioneer

Natural

Resources

Co

19,322,088‌

903,607

Schlumberger

Ltd

33,460,567‌

744,346

*

Southwestern

Energy

Co

5,255,083‌

201,345

Valero

Energy

Corp

22,302,986‌

TOTAL

ENERGY

279,909,451‌

FOOD

&

STAPLES

RETAILING

-

0

.6

%

191,931

*

BJ's

Wholesale

Club

Holdings,

Inc

12,993,729‌

47,513

*

Performance

Food

Group

Co

2,361,871‌

37,095

Pricesmart,

Inc

2,462,366‌

59,184

SpartanNash

Co

1,911,051‌

189,337

*

Sprouts

Farmers

Market,

Inc

5,233,275‌

92,192

*

United

Natural

Foods,

Inc

3,919,082‌

249,841

*

US

Foods

Holding

Corp

7,869,991‌

TOTAL

FOOD

&

STAPLES

RETAILING

36,751,365‌

FOOD,

BEVERAGE

&

TOBACCO

-

3

.1

%

70,442

Archer-Daniels-Midland

Co

5,830,484‌

48,343

Campbell

Soup

Co

2,385,727‌

1,104,226

Coca-Cola

Co

70,858,182‌

13,309

*

Darling

International,

Inc

922,048‌

35,374

Fresh

Del

Monte

Produce,

Inc

1,050,962‌

366,471

General

Mills,

Inc

27,408,366‌

3,800

*

Hain

Celestial

Group,

Inc

86,450‌

206,505

Hormel

Foods

Corp

10,188,957‌

130,364

Kellogg

Co

9,636,507‌

70,056

McCormick

&

Co,

Inc

6,119,392‌

392,642

PepsiCo,

Inc

68,696,644‌

6,553

*

TreeHouse

Foods,

Inc

284,531‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

203,468,250‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.6

%

36,512

*

Abiomed,

Inc

10,698,381‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

42

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

42,465

*

Align

Technology,

Inc

$

11,931,391‌

61,738

*

Allscripts

Healthcare

Solutions,

Inc

976,695‌

59,123

*

Angiodynamics,

Inc

1,341,501‌

7,715

*

AtriCure,

Inc

381,198‌

983

*

Axonics

Modulation

Technologies,

Inc

63,767‌

238,681

*

Cerus

Corp

1,288,877‌

159,528

Cigna

Corp

43,927,630‌

19,097

*

Computer

Programs

&

Systems,

Inc

644,715‌

34,556

Cooper

Cos,

Inc

11,299,812‌

8,313

*

Covetrus,

Inc

172,661‌

8,944

Dentsply

Sirona,

Inc

323,415‌

191,328

*

Dexcom,

Inc

15,704,202‌

356,778

*

Edwards

Lifesciences

Corp

35,870,460‌

98,898

Elevance

Health,

Inc

47,184,236‌

141,106

*

Envista

Holdings

Corp

5,735,959‌

11,862

*

Globus

Medical,

Inc

696,181‌

105,672

HCA

Healthcare,

Inc

22,446,846‌

55,315

*

Health

Catalyst,

Inc

925,973‌

17,140

*

Henry

Schein,

Inc

1,351,146‌

5,398

*

Heska

Corp

493,863‌

92,217

*

Hologic,

Inc

6,582,449‌

82,936

Humana,

Inc

39,975,152‌

49,662

*

IDEXX

Laboratories,

Inc

19,824,077‌

7,998

*

Inogen,

Inc

222,504‌

148,542

*

Intuitive

Surgical,

Inc

34,189,912‌

37,957

Laboratory

Corp

of

America

Holdings

9,951,946‌

25,670

LeMaitre

Vascular,

Inc

1,292,485‌

7,921

*

LivaNova

plc

504,330‌

36,789

*

Merit

Medical

Systems,

Inc

2,114,632‌

94,024

*

NextGen

Healthcare,

Inc

1,609,691‌

36,544

*

Omnicell,

Inc

4,024,225‌

365,030

*

Opko

Health,

Inc

861,471‌

51,150

*

OraSure

Technologies,

Inc

156,519‌

30,909

*

Orthofix

Medical

Inc

792,816‌

13,076

*

Penumbra,

Inc

1,822,533‌

1,887

Premier,

Inc

72,574‌

22,904

Quest

Diagnostics,

Inc

3,127,999‌

68,280

Resmed,

Inc

16,422,706‌

20,651

*

Staar

Surgical

Co

1,666,536‌

27,192

STERIS

plc

6,135,875‌

4,512

*

Tactile

Systems

Technology,

Inc

34,968‌

14,310

*

Tandem

Diabetes

Care,

Inc

947,465‌

3,221

*

Teladoc,

Inc

118,694‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

365,910,468‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.7

%

260,833

Colgate-Palmolive

Co

20,537,991‌

54,856

Kimberly-Clark

Corp

7,229,472‌

582,799

Procter

&

Gamble

Co

80,956,609‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

108,724,072‌

INSURANCE

-

3

.2

%

275,241

Aflac,

Inc

15,771,309‌

96,775

Allstate

Corp

11,319,772‌

10,501

Arthur

J.

Gallagher

&

Co

1,879,574‌

220,277

Chubb

Ltd

41,553,053‌

909,210

*

Genworth

Financial,

Inc

(Class

A)

3,864,142‌

73,799

Lincoln

National

Corp

3,788,841‌

178,033

Loews

Corp

10,370,422‌

271,606

Marsh

&

McLennan

Cos,

Inc

44,532,520‌

245,742

Progressive

Corp

28,275,074‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

43

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

268,139

Prudential

Financial,

Inc

$

26,811,219‌

128,444

Travelers

Cos,

Inc

20,384,063‌

12,115

Willis

Towers

Watson

plc

2,507,078‌

TOTAL

INSURANCE

211,057,067‌

MATERIALS

-

2

.6

%

15,724

Amcor

plc

203,626‌

10,332

Aptargroup,

Inc

1,113,376‌

242,787

Ball

Corp

17,825,422‌

78,491

*

Century

Aluminum

Co

619,294‌

41,035

*

Coeur

Mining,

Inc

131,722‌

1,709

Compass

Minerals

International,

Inc

63,626‌

98,034

Dow,

Inc

5,216,389‌

194,299

Ecolab,

Inc

32,092,366‌

52,352

Glatfelter

Corp

321,441‌

945

H.B.

Fuller

Co

60,669‌

58,009

International

Flavors

&

Fragrances,

Inc

7,196,017‌

36,220

Koppers

Holdings,

Inc

852,619‌

122,891

Linde

plc

37,113,082‌

15,280

Martin

Marietta

Materials,

Inc

5,379,783‌

268,049

Mosaic

Co

14,115,460‌

417,007

Newmont

Goldcorp

Corp

18,882,077‌

159,805

Nucor

Corp

21,701,519‌

19,087

PPG

Industries,

Inc

2,467,758‌

2,337

Reliance

Steel

&

Aluminum

Co

444,614‌

4,126

Schnitzer

Steel

Industries,

Inc

(Class

A)

146,721‌

145,000

*

Summit

Materials,

Inc

3,988,950‌

21,681

Trinseo

plc

775,529‌

TOTAL

MATERIALS

170,712,060‌

MEDIA

&

ENTERTAINMENT

-

4

.0

%

183,270

*

Cinemark

Holdings,

Inc

3,359,339‌

1,066,497

Comcast

Corp

(Class

A)

40,014,967‌

125,710

Electronic

Arts,

Inc

16,496,923‌

155,166

Gray

Television,

Inc

2,881,433‌

103,389

*

iHeartMedia,

Inc

773,350‌

9,044

*

Imax

Corp

152,030‌

104,365

Interpublic

Group

of

Cos,

Inc

3,117,383‌

13,563

John

Wiley

&

Sons,

Inc

(Class

A)

708,260‌

77,175

*

Liberty

Broadband

Corp

(Class

C)

8,406,673‌

127,851

*

Netflix,

Inc

28,753,690‌

13,180

New

York

Times

Co

(Class

A)

421,101‌

294,588

Omnicom

Group,

Inc

20,574,026‌

4,632

*

Roku,

Inc

303,489‌

7,816

Scholastic

Corp

367,899‌

52,081

Sinclair

Broadcast

Group,

Inc

(Class

A)

1,137,449‌

1,245,240

e

Sirius

XM

Holdings,

Inc

8,318,203‌

139,881

*

Take-Two

Interactive

Software,

Inc

18,566,405‌

8,077

TEGNA,

Inc

169,132‌

179,898

*

TripAdvisor,

Inc

3,419,861‌

770,274

*

Twitter,

Inc

32,051,101‌

121,662

*

Vimeo,

Inc

676,441‌

512,185

*

Walt

Disney

Co

54,342,828‌

284,699

*

Warner

Bros

Discovery,

Inc

4,270,485‌

282,788

*

ZoomInfo

Technologies,

Inc

10,714,837‌

TOTAL

MEDIA

&

ENTERTAINMENT

259,997,305‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.2

%

72,985

*

Aerie

Pharmaceuticals,

Inc

511,625‌

225,045

Agilent

Technologies,

Inc

30,178,534‌

46,854

*

Agios

Pharmaceuticals,

Inc

1,010,641‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

44

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

180,747

Amgen,

Inc

$

44,729,460‌

68,699

*

Atara

Biotherapeutics,

Inc

208,158‌

2,503

*,e

Axsome

Therapeutics,

Inc

96,591‌

87,107

*

BioCryst

Pharmaceuticals,

Inc

959,919‌

47,040

*

BioMarin

Pharmaceutical,

Inc

4,047,792‌

721,217

Bristol-Myers

Squibb

Co

53,211,390‌

67,570

*

Chimerix,

Inc

147,978‌

54,314

*

Collegium

Pharmaceutical,

Inc

933,658‌

210,748

Danaher

Corp

61,426,719‌

222,857

Eli

Lilly

&

Co

73,473,724‌

329,410

Gilead

Sciences,

Inc

19,682,247‌

16,303

*

Illumina,

Inc

3,532,534‌

32,728

*

Insmed,

Inc

723,943‌

16,514

*

Intra-Cellular

Therapies,

Inc

893,738‌

64,325

*

IQVIA

Holdings,

Inc

15,455,368‌

27,862

*

Jazz

Pharmaceuticals

plc

4,348,144‌

28,395

*

Karyopharm

Therapeutics,

Inc

120,679‌

32,897

*

MacroGenics,

Inc

102,968‌

296,339

Merck

&

Co,

Inc

26,474,926‌

5,838

*

Mettler-Toledo

International,

Inc

7,879,724‌

2,895

*

Mirati

Therapeutics,

Inc

186,438‌

42,303

Perrigo

Co

plc

1,771,227‌

66,120

*

Prothena

Corp

plc

2,053,687‌

98,240

*,e

Provention

Bio,

Inc

375,277‌

9,835

*

Regeneron

Pharmaceuticals,

Inc

5,720,921‌

14,849

*

Repligen

Corp

3,168,183‌

74,418

*

Revance

Therapeutics,

Inc

1,154,967‌

114,273

Thermo

Fisher

Scientific,

Inc

68,382,106‌

3,649

*

Ultragenyx

Pharmaceutical,

Inc

194,419‌

138,897

*

Vertex

Pharmaceuticals,

Inc

38,948,108‌

18,425

*

Waters

Corp

6,707,253‌

37,317

West

Pharmaceutical

Services,

Inc

12,820,628‌

229,553

Zoetis,

Inc

41,904,900‌

14,602

*,†

Zogenix,

Inc

9,929‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

533,548,503‌

REAL

ESTATE

-

3

.0

%

189,892

American

Tower

Corp

51,428,450‌

72,632

Boston

Properties,

Inc

6,621,133‌

54,010

Brixmor

Property

Group,

Inc

1,251,952‌

27,618

CatchMark

Timber

Trust,

Inc

310,426‌

84,154

CBRE

Group,

Inc

7,205,266‌

50,854

City

Office

REIT,

Inc

717,041‌

46,458

Crown

Castle

International

Corp

8,393,102‌

309,873

*

DiamondRock

Hospitality

Co

2,875,622‌

8,358

Douglas

Emmett,

Inc

197,583‌

36,148

Equinix,

Inc

25,438,794‌

33,420

First

Industrial

Realty

Trust,

Inc

1,736,169‌

123,301

Franklin

Street

Properties

Corp

467,311‌

204,267

Healthpeak

Properties

Inc

5,643,897‌

1,487

*

Howard

Hughes

Corp

105,413‌

27,253

iStar

Inc

455,398‌

5,945

*

Jones

Lang

LaSalle,

Inc

1,133,533‌

4,739

Kilroy

Realty

Corp

256,759‌

243,312

Macerich

Co

2,581,540‌

4,166

Paramount

Group,

Inc

32,703‌

412,858

Park

Hotels

&

Resorts,

Inc

6,436,456‌

540

Piedmont

Office

Realty

Trust,

Inc

7,430‌

319,767

Prologis,

Inc

42,388,314‌

59,974

*

Realogy

Holdings

Corp

595,542‌

2,009

RMR

Group,

Inc

58,080‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

45

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

11,019

*

Tejon

Ranch

Co

$

182,034‌

63,246

Ventas,

Inc

3,401,370‌

297

Washington

REIT

6,585‌

177,561

Welltower,

Inc

15,330,617‌

238,457

Weyerhaeuser

Co

8,660,758‌

58,638

*

Xenia

Hotels

&

Resorts,

Inc

962,836‌

TOTAL

REAL

ESTATE

194,882,114‌

RETAILING

-

4

.0

%

42,656

*

1-800-FLOWERS.COM,

Inc

(Class

A)

425,280‌

1,216

Aaron's

Co,

Inc

15,832‌

15,656

Advance

Auto

Parts,

Inc

3,031,315‌

250

Buckle,

Inc

7,550‌

1,601

*

CarMax,

Inc

159,364‌

738,750

eBay,

Inc

35,925,413‌

6,360

*

Five

Below,

Inc

808,165‌

24,775

*

Genesco,

Inc

1,388,639‌

22,419

Hibbett

Sports,

Inc

1,051,899‌

266,191

Home

Depot,

Inc

80,107,520‌

25,413

*

Lands'

End,

Inc

324,016‌

42,655

*

Liquidity

Services,

Inc

858,645‌

77,025

LKQ

Corp

4,224,051‌

241,920

Lowe's

Companies,

Inc

46,334,938‌

424,516

Macy's,

Inc

7,492,707‌

35,671

*

MarineMax,

Inc

1,456,804‌

397

Pool

Corp

142,007‌

147,288

*

Quotient

Technology,

Inc

407,988‌

139,297

*,e

RealReal,

Inc

324,562‌

44,159

Ross

Stores,

Inc

3,588,360‌

5,448

*

Sally

Beauty

Holdings,

Inc

69,625‌

32,132

Shoe

Carnival,

Inc

700,799‌

218,871

Target

Corp

35,759,144‌

97,689

*,e

ThredUp,

Inc

219,800‌

467,945

TJX

Companies,

Inc

28,619,516‌

15,754

Tractor

Supply

Co

3,016,576‌

11,453

*

TravelCenters

of

America,

Inc

477,819‌

860

Winmark

Corp

191,049‌

18,394

*

Zumiez,

Inc

478,244‌

TOTAL

RETAILING

257,607,627‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

5

.5

%

438,847

Applied

Materials,

Inc

46,509,005‌

22,180

*

Cirrus

Logic,

Inc

1,895,503‌

75,276

*

First

Solar,

Inc

7,465,121‌

1,436,016

Intel

Corp

52,141,741‌

79,447

Lam

Research

Corp

39,764,018‌

554,786

NVIDIA

Corp

100,765,781‌

554,114

*

ON

Semiconductor

Corp

37,003,733‌

18,585

*

Silicon

Laboratories,

Inc

2,740,916‌

324,052

Texas

Instruments,

Inc

57,969,662‌

13,239

Universal

Display

Corp

1,528,575‌

119,266

*

Wolfspeed,

Inc

9,934,858‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

357,718,913‌

SOFTWARE

&

SERVICES

-

17

.9

%

203,342

Accenture

plc

62,275,521‌

142,621

*

Adobe,

Inc

58,491,724‌

8,948

*

Ansys,

Inc

2,496,403‌

165,953

*

Autodesk,

Inc

35,898,953‌

196,882

Automatic

Data

Processing,

Inc

47,472,188‌

147,482

*,e

Avaya

Holdings

Corp

132,527‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

46

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

50,952

*

Benefitfocus,

Inc

$

431,563‌

86,552

*

Blackline,

Inc

5,471,817‌

133,543

*

Cadence

Design

Systems,

Inc

24,849,681‌

51,744

*

ChannelAdvisor

Corp

762,707‌

27,122

Concentrix

Corp

3,627,839‌

55,469

CSG

Systems

International,

Inc

3,619,352‌

113,572

Dolby

Laboratories,

Inc

(Class

A)

8,790,473‌

424,613

*

DXC

Technology

Co

13,417,771‌

38,717

*

Elastic

NV

3,093,101‌

57,024

*

ExlService

Holdings,

Inc

9,601,131‌

302,563

Fidelity

National

Information

Services,

Inc

30,909,836‌

107,101

*

Five9,

Inc

11,579,760‌

31,479

*

HubSpot,

Inc

9,695,532‌

182

InterDigital,

Inc

11,173‌

352,656

International

Business

Machines

Corp

46,123,878‌

101,475

Intuit,

Inc

46,289,851‌

224,949

Mastercard,

Inc

(Class

A)

79,584,707‌

1,295,498

d

Microsoft

Corp

363,698,109‌

87,517

*

New

Relic,

Inc

5,309,656‌

123,295

*

Nutanix,

Inc

1,865,453‌

198,924

*

Okta,

Inc

19,584,068‌

5,290

*

OneSpan,

Inc

58,560‌

27,817

*

Paylocity

Holding

Corp

5,728,355‌

548,052

*

PayPal

Holdings,

Inc

47,422,940‌

57,668

*

Perficient,

Inc

6,085,127‌

28,640

*

Rapid7,

Inc

1,832,101‌

36,980

Roper

Technologies,

Inc

16,148,057‌

300,072

*

Salesforce,

Inc

55,219,249‌

90,530

*

ServiceNow,

Inc

40,436,130‌

34,748

*

Smartsheet,

Inc

1,044,525‌

61,226

*

SPS

Commerce,

Inc

7,332,426‌

110,299

*

SVMK,

Inc

954,086‌

26,033

*

Synopsys,

Inc

9,567,127‌

58,543

*

Teradata

Corp

2,241,611‌

29,975

TTEC

Holdings,

Inc

2,193,271‌

280,648

VMware,

Inc

(Class

A)

32,611,298‌

79,109

*

WEX,

Inc

13,148,707‌

160,899

*

Workday,

Inc

24,955,435‌

9,332

*

Workiva,

Inc

611,246‌

TOTAL

SOFTWARE

&

SERVICES

1,162,675,025‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

4

.7

%

73,619

Avnet,

Inc

3,524,142‌

62,976

Benchmark

Electronics,

Inc

1,610,926‌

131,980

*

Ciena

Corp

6,810,168‌

1,263,337

Cisco

Systems,

Inc

57,317,600‌

294,075

Cognex

Corp

14,991,943‌

54,705

CTS

Corp

2,225,399‌

30,820

*

ePlus,

Inc

1,712,667‌

63,716

*

Fabrinet

6,120,559‌

31,557

*

FARO

Technologies,

Inc

1,026,234‌

1,675,996

Hewlett

Packard

Enterprise

Co

23,866,183‌

1,119,605

HP,

Inc

37,383,611‌

39,174

*

Insight

Enterprises,

Inc

3,659,243‌

3,493

*

Itron,

Inc

203,991‌

225,373

*

Keysight

Technologies,

Inc

36,645,650‌

37,235

*

Kimball

Electronics,

Inc

819,170‌

155,805

*

Knowles

Corp

3,077,149‌

14,814

*

Lumentum

Holdings,

Inc

1,340,074‌

6,814

Methode

Electronics,

Inc

281,009‌

288,932

*,e

Microvision,

Inc

1,488,000‌

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

47

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

3,474

Motorola

Solutions,

Inc

$

828,862‌

54,373

National

Instruments

Corp

2,066,174‌

3,344

*

Novanta,

Inc

515,645‌

500

*

OSI

Systems,

Inc

48,335‌

42,879

*,e

PAR

Technology

Corp

1,784,624‌

10,554

*

Plexus

Corp

991,548‌

55,453

*

Ribbon

Communications,

Inc

187,986‌

33,155

*

Rogers

Corp

8,926,984‌

74,821

SYNNEX

Corp

7,513,525‌

433,463

*

Trimble

Inc

30,095,336‌

179,596

*

TTM

Technologies,

Inc

2,429,934‌

18,688

*

Vishay

Precision

Group,

Inc

582,692‌

276,797

Vontier

Corp

7,141,363‌

199,540

Xerox

Holdings

Corp

3,418,120‌

90,828

*

Zebra

Technologies

Corp

(Class

A)

32,488,267‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

303,123,113‌

TELECOMMUNICATION

SERVICES

-

1

.7

%

167,393

*

Iridium

Communications,

Inc

7,484,141‌

310,327

*

T-Mobile

US,

Inc

44,395,381‌

1,236,597

Verizon

Communications,

Inc

57,118,415‌

TOTAL

TELECOMMUNICATION

SERVICES

108,997,937‌

TRANSPORTATION

-

3

.0

%

43,563

ArcBest

Corp

3,859,682‌

26,629

*

Avis

Budget

Group,

Inc

4,847,277‌

55,101

CH

Robinson

Worldwide,

Inc

6,099,681‌

1,265,121

CSX

Corp

40,901,362‌

885,928

*

Delta

Air

Lines,

Inc

28,172,510‌

101,378

Expeditors

International

of

Washington,

Inc

10,771,412‌

180

Landstar

System,

Inc

28,184‌

113,436

Norfolk

Southern

Corp

28,491,720‌

50,452

Old

Dominion

Freight

Line

15,312,687‌

9

Ryder

System,

Inc

705‌

283,646

United

Parcel

Service,

Inc

(Class

B)

55,279,769‌

TOTAL

TRANSPORTATION

193,764,989‌

UTILITIES

-

3

.4

%

276,600

American

Electric

Power

Co,

Inc

27,261,696‌

187,145

Consolidated

Edison,

Inc

18,577,884‌

19,802

DTE

Energy

Co

2,580,201‌

73,702

Eversource

Energy

6,501,990‌

681,769

NextEra

Energy,

Inc

57,602,663‌

206,735

Public

Service

Enterprise

Group,

Inc

13,576,287‌

163,123

Sempra

Energy

27,045,793‌

6,282

South

Jersey

Industries,

Inc

215,347‌

499,130

Southern

Co

38,378,106‌

30,558

UGI

Corp

1,318,883‌

112,385

WEC

Energy

Group,

Inc

11,666,687‌

180,121

Xcel

Energy,

Inc

13,181,255‌

TOTAL

UTILITIES

217,906,792‌

TOTAL

COMMON

STOCKS

6,473,558,190‌

(Cost

$4,505,700,126)

Portfolio

of

investments

(unaudited)

Social

Choice

Equity

Fund

July

31,

2022

48

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

SHORT-TERM

INVESTMENTS

-

0.1%

RATE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.1

%

7,521,192

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

$

7,521,192‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

7,521,192‌

TOTAL

SHORT-TERM

INVESTMENTS

7,521,192‌

(Cost

$7,521,192)

TOTAL

INVESTMENTS

-

99.7%

6,481,079,382‌

(Cost

$4,513,221,318)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.3%

20,960,674‌

NET

ASSETS

-

100.0%

$

6,502,040,056‌

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

futures

contracts.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$12,758,957.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

S&P

500

E

Mini

Index

128‌

09/16/22

 $

24,945,159‌

$

26,454,400‌

$

1,509,241‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

49

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.4%

AUTOMOBILES

&

COMPONENTS

-

2

.7

%

35,767

*

Aptiv

plc

$

3,751,601‌

23,226

*

Lordstown

Motors

Corp

52,026‌

29,276

*

Tesla,

Inc

26,098,090‌

TOTAL

AUTOMOBILES

&

COMPONENTS

29,901,717‌

BANKS

-

2

.7

%

1,105

Amalgamated

Financial

Corp

25,503‌

339

Camden

National

Corp

15,492‌

1,460

CBTX,

Inc

45,187‌

150,779

Citigroup,

Inc

7,825,430‌

49,591

Citizens

Financial

Group,

Inc

1,882,970‌

4,770

*

Customers

Bancorp,

Inc

182,166‌

129

Federal

Agricultural

Mortgage

Corp

(FAMC)

14,228‌

119

First

Commonwealth

Financial

Corp

1,764‌

5,530

First

Republic

Bank

899,786‌

414

HomeStreet,

Inc

15,438‌

16,834

Huntington

Bancshares,

Inc

223,724‌

33,252

Keycorp

608,512‌

262

Live

Oak

Bancshares,

Inc

9,862‌

34,002

PNC

Financial

Services

Group,

Inc

5,642,292‌

1,527

Premier

Financial

Corp

43,489‌

65,064

Regions

Financial

Corp

1,378,056‌

10,391

*

SVB

Financial

Group

4,193,288‌

6,131

*

Texas

Capital

Bancshares,

Inc

359,399‌

137,130

Truist

Financial

Corp

6,920,951‌

1,445

Univest

Financial

Corp

36,038‌

TOTAL

BANKS

30,323,575‌

CAPITAL

GOODS

-

6

.6

%

39,841

3M

Co

5,706,825‌

19,402

*

Axon

Enterprise,

Inc

2,137,906‌

1,631

*,e

Blink

Charging

Co

34,528‌

740

Carlisle

Cos,

Inc

219,114‌

88,108

Carrier

Global

Corp

3,571,017‌

42,312

Caterpillar,

Inc

8,388,354‌

10,997

Curtiss-Wright

Corp

1,577,410‌

23,960

Deere

&

Co

8,222,593‌

47,188

Eaton

Corp

7,002,227‌

271

EMCOR

Group,

Inc

31,536‌

56,953

Emerson

Electric

Co

5,129,757‌

28,654

Fastenal

Co

1,471,670‌

23,152

Fortive

Corp

1,492,146‌

3,575

*

Generac

Holdings,

Inc

959,173‌

14,308

Hexcel

Corp

865,777‌

34,648

Illinois

Tool

Works,

Inc

7,198,469‌

32,510

Johnson

Controls

International

plc

1,752,614‌

20,763

Maxar

Technologies,

Inc

570,567‌

16,074

*

Mercury

Systems,

Inc

948,527‌

1,616

Moog,

Inc

(Class

A)

138,394‌

3,920

Owens

Corning,

Inc

363,541‌

7,907

PACCAR,

Inc

723,649‌

21,743

Quanta

Services,

Inc

3,016,406‌

6,567

Rockwell

Automation,

Inc

1,676,424‌

2,387

Trane

Technologies

plc

350,865‌

17,595

*

Triumph

Group,

Inc

273,426‌

19,631

*

United

Rentals,

Inc

6,334,335‌

2,509

*

Vectrus,

Inc

83,399‌

4,195

*

Veritiv

Corp

520,264‌

537

W.W.

Grainger,

Inc

291,876‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

50

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

6,960

*

WESCO

International,

Inc

$

889,766‌

6,924

Woodward

Inc

724,943‌

1,778

Xylem,

Inc

163,629‌

TOTAL

CAPITAL

GOODS

72,831,127‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.2

%

6,190

ACCO

Brands

Corp

44,382‌

15,060

Cintas

Corp

6,407,880‌

48,060

*

Copart,

Inc

6,156,486‌

1,243

Heidrick

&

Struggles

International,

Inc

38,707‌

1,324

Herman

Miller,

Inc

39,866‌

278

ICF

International,

Inc

26,229‌

162

Insperity,

Inc

17,778‌

2,761

*

KAR

Auction

Services,

Inc

47,213‌

5,463

Kelly

Services,

Inc

(Class

A)

118,438‌

7

Kforce,

Inc

461‌

5,558

TransUnion

440,360‌

1,943

*

TrueBlue,

Inc

42,047‌

393

Verisk

Analytics,

Inc

74,768‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

13,454,615‌

CONSUMER

DURABLES

&

APPAREL

-

1

.3

%

5,721

DR

Horton,

Inc

446,410‌

16,985

*

GoPro,

Inc

108,024‌

5

Hasbro,

Inc

394‌

1,724

*

iRobot

Corp

79,321‌

2,929

*

Lovesac

Co

91,268‌

13,993

*

Lululemon

Athletica,

Inc

4,344,966‌

77,662

Nike,

Inc

(Class

B)

8,924,917‌

9,623

*

Sonos,

Inc

212,764‌

10,943

*

Tupperware

Brands

Corp

81,635‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

14,289,699‌

CONSUMER

SERVICES

-

2

.3

%

21,317

*

2U,

Inc

208,693‌

3,927

*

American

Public

Education,

Inc

61,693‌

3,938

*

Booking

Holdings,

Inc

7,622,747‌

6,922

*

Brinker

International,

Inc

192,085‌

4,301

Carriage

Services,

Inc

156,040‌

12,260

*

Dave

&

Buster's

Entertainment,

Inc

458,034‌

2,879

Domino's

Pizza,

Inc

1,128,885‌

1,397

*

El

Pollo

Loco

Holdings,

Inc

13,579‌

6,086

European

Wax

Center,

Inc

127,319‌

128

*

frontdoor,

Inc

3,426‌

49,666

Hilton

Worldwide

Holdings,

Inc

6,360,725‌

5,037

*

Shake

Shack,

Inc

259,204‌

4,968

*

Six

Flags

Entertainment

Corp

112,625‌

94,342

Starbucks

Corp

7,998,315‌

2,511

Vail

Resorts,

Inc

595,433‌

7,087

*

WW

International

Inc

47,058‌

TOTAL

CONSUMER

SERVICES

25,345,861‌

DIVERSIFIED

FINANCIALS

-

6

.8

%

53,145

Ally

Financial,

Inc

1,757,505‌

50,201

American

Express

Co

7,731,958‌

4,768

Ameriprise

Financial,

Inc

1,286,979‌

54,996

Bank

of

New

York

Mellon

Corp

2,390,126‌

11,730

BlackRock,

Inc

7,849,481‌

116,654

Charles

Schwab

Corp

8,054,959‌

23,450

CME

Group,

Inc

4,677,806‌

28,027

Discover

Financial

Services

2,830,727‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

51

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

DIVERSIFIED

FINANCIALS—continued

2,047

*

Donnelley

Financial

Solutions,

Inc

$

69,578‌

24,950

Goldman

Sachs

Group,

Inc

8,318,080‌

64,815

Intercontinental

Exchange

Group,

Inc

6,610,482‌

14,643

Moody's

Corp

4,542,991‌

97,570

Morgan

Stanley

8,225,151‌

1,527

Raymond

James

Financial,

Inc

150,364‌

23,484

S&P

Global,

Inc

8,851,824‌

19,202

State

Street

Corp

1,364,110‌

1,079

T

Rowe

Price

Group,

Inc

133,224‌

TOTAL

DIVERSIFIED

FINANCIALS

74,845,345‌

ENERGY

-

3

.2

%

38,102

Archrock,

Inc

321,581‌

235,131

Baker

Hughes

Co

6,040,515‌

16,830

Cactus,

Inc

699,960‌

58,338

ChampionX

Corp

1,218,681‌

44,790

Cheniere

Energy,

Inc

6,699,688‌

48,397

*

Clean

Energy

Fuels

Corp

313,613‌

20,124

Delek

US

Holdings,

Inc

536,506‌

4,198

*

DMC

Global,

Inc

95,547‌

8,392

*

Dril-Quip,

Inc

215,255‌

28,495

DT

Midstream,

Inc

1,568,080‌

1,650

Enviva,

Inc

114,890‌

15,053

*

Green

Plains

Inc

542,209‌

206,338

Halliburton

Co

6,045,703‌

43,087

HF

Sinclair

Corp

2,060,420‌

112,414

NOV,

Inc

2,092,025‌

29,233

*

Oceaneering

International,

Inc

310,454‌

100,356

ONEOK,

Inc

5,995,267‌

20,180

*

Weatherford

International

Ltd

466,763‌

17,818

World

Fuel

Services

Corp

493,915‌

TOTAL

ENERGY

35,831,072‌

FOOD

&

STAPLES

RETAILING

-

0

.8

%

23,272

*

BJ's

Wholesale

Club

Holdings,

Inc

1,575,514‌

39,636

Kroger

Co

1,840,696‌

40,550

*

Performance

Food

Group

Co

2,015,740‌

397

Pricesmart,

Inc

26,353‌

5,542

SpartanNash

Co

178,951‌

28,639

*

Sprouts

Farmers

Market,

Inc

791,582‌

10,982

*

United

Natural

Foods,

Inc

466,845‌

63,925

*

US

Foods

Holding

Corp

2,013,638‌

TOTAL

FOOD

&

STAPLES

RETAILING

8,909,319‌

FOOD,

BEVERAGE

&

TOBACCO

-

4

.1

%

78,179

Archer-Daniels-Midland

Co

6,470,876‌

7,764

*,e

Beyond

Meat,

Inc

248,370‌

17,950

*

Bunge

Ltd

1,657,323‌

185,369

Coca-Cola

Co

11,895,129‌

46,341

*

Darling

International,

Inc

3,210,504‌

81,876

General

Mills,

Inc

6,123,506‌

87

*

Hain

Celestial

Group,

Inc

1,979‌

38,355

Hormel

Foods

Corp

1,892,436‌

6,455

Kellogg

Co

477,154‌

11,256

McCormick

&

Co,

Inc

983,212‌

66,749

PepsiCo,

Inc

11,678,405‌

3,305

*

Vital

Farms,

Inc

38,999‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

44,677,893‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.7

%

2,773

*

Abiomed,

Inc

812,517‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

52

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

126

*

Acadia

Healthcare

Co,

Inc

$

10,447‌

9,707

*

Align

Technology,

Inc

2,727,376‌

43

*

AMN

Healthcare

Services,

Inc

4,835‌

2,779

*

Angiodynamics,

Inc

63,056‌

10,266

*

Cerus

Corp

55,436‌

26,959

Cigna

Corp

7,423,430‌

2,905

*

Computer

Programs

&

Systems,

Inc

98,073‌

2,215

Cooper

Cos,

Inc

724,305‌

50,194

CVS

Health

Corp

4,802,562‌

47,352

*

Dexcom,

Inc

3,886,652‌

67,509

*

Edwards

Lifesciences

Corp

6,787,355‌

17,352

Elevance

Health,

Inc

8,278,639‌

295

Encompass

Health

Corp

14,933‌

147

*

Enhabit,

Inc

2,574‌

9,467

*

Envista

Holdings

Corp

384,834‌

517

*

Guardant

Health,

Inc

25,938‌

24,807

HCA

Healthcare,

Inc

5,269,503‌

3,910

*

Health

Catalyst,

Inc

65,453‌

6,341

*

Hologic,

Inc

452,621‌

13,763

Humana,

Inc

6,633,766‌

8,089

*

IDEXX

Laboratories,

Inc

3,228,967‌

90

*

Integer

Holding

Corp

6,290‌

32,673

*

Intuitive

Surgical,

Inc

7,520,344‌

62

*

LivaNova

plc

3,948‌

9,316

*

Meridian

Bioscience,

Inc

294,945‌

7,558

*

NextGen

Healthcare,

Inc

129,393‌

11,186

*

Omnicell,

Inc

1,231,802‌

6,517

*

Opko

Health,

Inc

15,380‌

17,854

*

OraSure

Technologies,

Inc

54,633‌

1,385

*

Orthofix

Medical

Inc

35,525‌

69

*

Penumbra,

Inc

9,617‌

3,621

*

PetIQ,

Inc

59,384‌

586

*

RadNet,

Inc

12,054‌

6,489

Resmed,

Inc

1,560,734‌

2,949

*

Staar

Surgical

Co

237,984‌

368

*

Tactile

Systems

Technology,

Inc

2,852‌

1,379

*

Tandem

Diabetes

Care,

Inc

91,304‌

5,940

*

Zimvie,

Inc

115,355‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

63,134,816‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.7

%

55,201

Colgate-Palmolive

Co

4,346,527‌

1,875

Kimberly-Clark

Corp

247,106‌

99,397

Procter

&

Gamble

Co

13,807,237‌

8,667

*,e

Veru,

Inc

104,871‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

18,505,741‌

INSURANCE

-

3

.7

%

48,655

Aflac,

Inc

2,787,932‌

5,460

Allstate

Corp

638,656‌

26,285

Arthur

J.

Gallagher

&

Co

4,704,752‌

38,435

Chubb

Ltd

7,250,378‌

33,673

*

Genworth

Financial,

Inc

(Class

A)

143,110‌

4,760

Lincoln

National

Corp

244,378‌

48,935

Loews

Corp

2,850,464‌

46,223

Marsh

&

McLennan

Cos,

Inc

7,578,723‌

61,027

Progressive

Corp

7,021,767‌

57,650

Prudential

Financial,

Inc

5,764,424‌

11,412

Travelers

Cos,

Inc

1,811,084‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

53

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

300

Willis

Towers

Watson

plc

$

62,082‌

TOTAL

INSURANCE

40,857,750‌

MATERIALS

-

2

.7

%

67,071

Ball

Corp

4,924,353‌

4,887

*

Clearwater

Paper

Corp

174,466‌

34,438

*

Coeur

Mining,

Inc

110,546‌

16,584

Commercial

Metals

Co

657,058‌

81

Compass

Minerals

International,

Inc

3,016‌

38,173

Ecolab,

Inc

6,305,034‌

44,407

Graphic

Packaging

Holding

Co

988,056‌

34

Innospec,

Inc

3,468‌

6,388

International

Flavors

&

Fragrances,

Inc

792,431‌

3,928

Koppers

Holdings,

Inc

92,465‌

90,600

Mosaic

Co

4,770,996‌

3,959

Myers

Industries,

Inc

96,322‌

84,958

Newmont

Goldcorp

Corp

3,846,898‌

6,517

PPG

Industries,

Inc

842,583‌

4,169

Reliance

Steel

&

Aluminum

Co

793,152‌

2,568

Ryerson

Holding

Corp

70,363‌

2,888

Schnitzer

Steel

Industries,

Inc

(Class

A)

102,697‌

3,886

Scotts

Miracle-Gro

Co

(Class

A)

345,660‌

51,393

Steel

Dynamics,

Inc

4,002,487‌

10,324

Trinseo

plc

369,290‌

TOTAL

MATERIALS

29,291,341‌

MEDIA

&

ENTERTAINMENT

-

4

.2

%

4,181

*

Cinemark

Holdings,

Inc

76,638‌

241,096

Comcast

Corp

(Class

A)

9,045,922‌

38,397

Electronic

Arts,

Inc

5,038,838‌

34,863

*

Netflix,

Inc

7,840,689‌

4,197

*

Roku,

Inc

274,987‌

13,672

*

Take-Two

Interactive

Software,

Inc

1,814,685‌

29,331

*

TripAdvisor,

Inc

557,582‌

150,144

*

Twitter,

Inc

6,247,492‌

40,872

*

Vimeo,

Inc

227,248‌

97,938

*

Walt

Disney

Co

10,391,222‌

69,536

*

Warner

Bros

Discovery,

Inc

1,043,040‌

22,813

*

ZipRecruiter,

Inc

399,912‌

78,945

*

ZoomInfo

Technologies,

Inc

2,991,226‌

TOTAL

MEDIA

&

ENTERTAINMENT

45,949,481‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.4

%

7,453

*

Aerie

Pharmaceuticals,

Inc

52,246‌

22,005

Agilent

Technologies,

Inc

2,950,870‌

34,268

Amgen,

Inc

8,480,302‌

12,823

*

Atea

Pharmaceuticals,

Inc

105,149‌

126,425

Bristol-Myers

Squibb

Co

9,327,636‌

35,737

Danaher

Corp

10,416,263‌

37,968

Eli

Lilly

&

Co

12,517,670‌

49,732

Gilead

Sciences,

Inc

2,971,487‌

12,295

*

Illumina,

Inc

2,664,081‌

1,896

*

IQVIA

Holdings,

Inc

455,552‌

16,507

*

Karyopharm

Therapeutics,

Inc

70,155‌

5,337

*

MacroGenics,

Inc

16,705‌

123,700

Merck

&

Co,

Inc

11,051,358‌

10,477

*,e

Provention

Bio,

Inc

40,022‌

417

*

Reata

Pharmaceuticals,

Inc

12,794‌

10,076

*

Regeneron

Pharmaceuticals,

Inc

5,861,108‌

2,210

*

Revance

Therapeutics,

Inc

34,299‌

7,138

*

Sangamo

Therapeutics

Inc

30,622‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

54

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

19,375

Thermo

Fisher

Scientific,

Inc

$

11,594,194‌

19,942

*

Vertex

Pharmaceuticals,

Inc

5,591,936‌

3,424

West

Pharmaceutical

Services,

Inc

1,176,349‌

38,502

Zoetis,

Inc

7,028,540‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

92,449,338‌

REAL

ESTATE

-

3

.7

%

349

American

Campus

Communities,

Inc

22,797‌

32,156

American

Tower

Corp

8,708,809‌

5,091

Boston

Properties,

Inc

464,096‌

13,234

CatchMark

Timber

Trust,

Inc

148,750‌

41,029

CBRE

Group,

Inc

3,512,903‌

11,949

City

Office

REIT,

Inc

168,481‌

35,811

Crown

Castle

International

Corp

6,469,615‌

24,207

*

DiamondRock

Hospitality

Co

224,641‌

11,972

Empire

State

Realty

Trust,

Inc

102,121‌

9,628

Equinix,

Inc

6,775,609‌

21,280

Franklin

Street

Properties

Corp

80,651‌

2,503

*

Howard

Hughes

Corp

177,438‌

973

Hudson

Pacific

Properties

14,634‌

6,811

Iron

Mountain,

Inc

330,265‌

22,106

Macerich

Co

234,545‌

32,490

Paramount

Group,

Inc

255,047‌

33,468

Park

Hotels

&

Resorts,

Inc

521,766‌

59,997

Prologis,

Inc

7,953,202‌

18,005

*

Realogy

Holdings

Corp

178,790‌

3,682

SL

Green

Realty

Corp

182,811‌

17,766

*

Sunstone

Hotel

Investors,

Inc

201,289‌

4,386

*

Tejon

Ranch

Co

72,457‌

3,285

Ventas,

Inc

176,667‌

40,242

Welltower,

Inc

3,474,494‌

13,732

*

Xenia

Hotels

&

Resorts,

Inc

225,479‌

TOTAL

REAL

ESTATE

40,677,357‌

RETAILING

-

4

.0

%

6,440

*

1-800-FLOWERS.COM,

Inc

(Class

A)

64,207‌

11,645

Academy

Sports

&

Outdoors,

Inc

501,084‌

126,814

eBay,

Inc

6,166,965‌

3,743

Hibbett

Sports,

Inc

175,622‌

44,797

Home

Depot,

Inc

13,481,209‌

2,594

*

Lands'

End,

Inc

33,073‌

6,255

*

Liquidity

Services,

Inc

125,913‌

11

LKQ

Corp

603‌

44,486

Lowe's

Companies,

Inc

8,520,404‌

39,162

Macy's,

Inc

691,209‌

18,211

*

Quotient

Technology,

Inc

50,444‌

19,430

*,e

RealReal,

Inc

45,272‌

45,133

Target

Corp

7,373,830‌

60,502

TJX

Companies,

Inc

3,700,302‌

1,951

*

TravelCenters

of

America,

Inc

81,396‌

19,030

Williams-Sonoma,

Inc

2,748,313‌

104

Winmark

Corp

23,104‌

309

*

Zumiez,

Inc

8,034‌

TOTAL

RETAILING

43,790,984‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

5

.4

%

75,281

Applied

Materials,

Inc

7,978,280‌

5,538

*

Cirrus

Logic,

Inc

473,278‌

13,140

*

First

Solar,

Inc

1,303,094‌

240,730

Intel

Corp

8,740,906‌

11,595

Lam

Research

Corp

5,803,413‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

55

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

95,371

NVIDIA

Corp

$

17,322,235‌

99,362

*

ON

Semiconductor

Corp

6,635,394‌

10,812

*

Rambus,

Inc

273,327‌

1,540

*

Silicon

Laboratories,

Inc

227,119‌

56,459

Texas

Instruments,

Inc

10,099,951‌

1,125

Universal

Display

Corp

129,893‌

4,925

*

Wolfspeed,

Inc

410,253‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

59,397,143‌

SOFTWARE

&

SERVICES

-

17

.8

%

34,883

Accenture

plc

10,683,268‌

25,385

*

Adobe,

Inc

10,410,896‌

7,964

*

Ansys,

Inc

2,221,876‌

24,328

*

Autodesk,

Inc

5,262,633‌

34,634

Automatic

Data

Processing,

Inc

8,350,950‌

11,106

*

Avaya

Holdings

Corp

9,980‌

6,757

*

Benefitfocus,

Inc

57,232‌

32,248

*

Cadence

Design

Systems,

Inc

6,000,708‌

11,181

Concentrix

Corp

1,495,571‌

9,357

CSG

Systems

International,

Inc

610,544‌

71,934

*

DXC

Technology

Co

2,273,114‌

330

*

Elastic

NV

26,364‌

9,187

*

ExlService

Holdings,

Inc

1,546,815‌

68,699

Fidelity

National

Information

Services,

Inc

7,018,290‌

63,997

International

Business

Machines

Corp

8,370,168‌

19,491

Intuit,

Inc

8,891,209‌

37,945

Mastercard,

Inc

(Class

A)

13,424,561‌

220,544

d

Microsoft

Corp

61,915,523‌

32,425

*

Okta,

Inc

3,192,241‌

3,687

*

OneSpan,

Inc

40,815‌

93,621

*

PayPal

Holdings,

Inc

8,101,025‌

9,755

*

Perficient,

Inc

1,029,348‌

2,252

Roper

Technologies,

Inc

983,381‌

53,729

*

Salesforce,

Inc

9,887,211‌

15,361

*

ServiceNow,

Inc

6,861,144‌

19,704

*

Synopsys,

Inc

7,241,220‌

2,488

TTEC

Holdings,

Inc

182,047‌

27,056

VMware,

Inc

(Class

A)

3,143,907‌

55,305

Western

Union

Co

941,291‌

13,008

*

WEX,

Inc

2,162,060‌

26,094

*

Workday,

Inc

4,047,179‌

TOTAL

SOFTWARE

&

SERVICES

196,382,571‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

5

.0

%

28,112

Avnet,

Inc

1,345,722‌

8,425

Badger

Meter,

Inc

810,401‌

10,055

Benchmark

Electronics,

Inc

257,207‌

9,562

*

Ciena

Corp

493,399‌

227,906

Cisco

Systems,

Inc

10,340,095‌

47,640

Cognex

Corp

2,428,687‌

9,052

CTS

Corp

368,235‌

6,932

*

ePlus,

Inc

385,211‌

10,632

*

Fabrinet

1,021,310‌

5,222

*

FARO

Technologies,

Inc

169,820‌

381,984

Hewlett

Packard

Enterprise

Co

5,439,452‌

188,182

HP,

Inc

6,283,397‌

8,966

*

Insight

Enterprises,

Inc

837,514‌

38,856

*

Keysight

Technologies,

Inc

6,317,986‌

5,371

*

Kimball

Electronics,

Inc

118,162‌

25,579

*

Knowles

Corp

505,185‌

172

*

Lumentum

Holdings,

Inc

15,559‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

56

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

600

Methode

Electronics,

Inc

$

24,744‌

47,269

*,e

Microvision,

Inc

243,435‌

531

Motorola

Solutions,

Inc

126,691‌

21,732

National

Instruments

Corp

825,816‌

4,734

*

OSI

Systems,

Inc

457,636‌

7,569

*,e

PAR

Technology

Corp

315,022‌

7,905

*

Plexus

Corp

742,675‌

644

*

Ribbon

Communications,

Inc

2,183‌

5,484

*

Rogers

Corp

1,476,567‌

12,241

SYNNEX

Corp

1,229,241‌

73,431

*

Trimble

Inc

5,098,314‌

26,737

*

TTM

Technologies,

Inc

361,752‌

2,890

*

Vishay

Precision

Group,

Inc

90,110‌

46,607

Vontier

Corp

1,202,461‌

34,198

Xerox

Holdings

Corp

585,812‌

15,387

*

Zebra

Technologies

Corp

(Class

A)

5,503,776‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

55,423,577‌

TELECOMMUNICATION

SERVICES

-

1

.3

%

34,048

*

T-Mobile

US,

Inc

4,870,907‌

204,613

Verizon

Communications,

Inc

9,451,074‌

TOTAL

TELECOMMUNICATION

SERVICES

14,321,981‌

TRANSPORTATION

-

1

.8

%

8,541

*

Avis

Budget

Group,

Inc

1,554,718‌

4,518

CH

Robinson

Worldwide,

Inc

500,143‌

228,650

CSX

Corp

7,392,254‌

27,646

Expeditors

International

of

Washington,

Inc

2,937,387‌

10,134

*

GXO

Logistics,

Inc

486,432‌

19,070

Old

Dominion

Freight

Line

5,787,936‌

8,212

Ryder

System,

Inc

643,164‌

TOTAL

TRANSPORTATION

19,302,034‌

UTILITIES

-

2

.3

%

23,616

Clearway

Energy,

Inc

(Class

C)

886,545‌

63,098

Consolidated

Edison,

Inc

6,263,738‌

69,075

Eversource

Energy

6,093,797‌

7,098

ONE

Gas,

Inc

602,904‌

41,582

Sempra

Energy

6,894,296‌

18,849

Southwest

Gas

Holdings

Inc

1,639,109‌

28,346

*

Sunnova

Energy

International,

Inc

737,563‌

61,559

UGI

Corp

2,656,886‌

TOTAL

UTILITIES

25,774,838‌

TOTAL

COMMON

STOCKS

1,095,669,175‌

(Cost

$1,016,431,674)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.5%

REPURCHASE

AGREEMENT

-

0

.5

%

$

5,290,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

%

08/01/22

5,290,000‌

TOTAL

REPURCHASE

AGREEMENT

5,290,000‌

Portfolio

of

investments

(unaudited)

Social

Choice

Low

Carbon

Equity

Fund

July

31,

2022

57

TIAA-CREF

Funds

concluded

SHARES

COMPANY

RATE

VALUE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.0

%

569,177

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

$

569,177‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

569,177‌

TOTAL

SHORT-TERM

INVESTMENTS

5,859,177‌

(Cost

$5,859,177)

TOTAL

INVESTMENTS

-

99.9%

1,101,528,352‌

(Cost

$1,022,290,851)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.1%

1,468,728‌

NET

ASSETS

-

100.0%

$

1,102,997,080‌

REIT

Real

Estate

Investment

Trust

*

Non-income

producing

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

d

All

or

a

portion

of

these

securities

have

been

segregated

to

cover

margin

requirements

on

open

futures

contracts.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$840,087.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$5,290,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$5,395,819.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

S&P

500

E

Mini

Index

24‌

09/16/22

 $

4,805,276‌

$

4,960,200‌

$

154,924‌

Emerging

Markets

Equity

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

58

TIAA-CREF

Funds

SHARES

COMPANY

VALUE

COMMON

STOCKS

-

89.4%

BRAZIL

-

12

.2

%

13,686,402

Americanas

S.A.

$

37,032,455‌

7,715,472

a

Arcos

Dorados

Holdings,

Inc

56,014,327‌

2,400,302

*

Pagseguro

Digital

Ltd

26,043,277‌

2,562,600

Petroleo

Brasileiro

S.A.

(Preference)

16,913,626‌

2,243,854

*

StoneCo

Ltd

21,496,121‌

TOTAL

BRAZIL

157,499,806‌

CHINA

-

22

.7

%

4,734,308

*

Alibaba

Group

Holding

Ltd

53,230,043‌

3,565,008

*

Baidu,

Inc

61,619,017‌

30,127,000

Bank

of

China

Ltd

-

H

10,712,714‌

706,473

*

Baozun,

Inc

(ADR)

6,146,315‌

8,453,000

China

Life

Insurance

Co

Ltd

12,590,065‌

2,622,500

China

Merchants

Bank

Co

Ltd

14,170,149‌

2,949,427

*

HUYA,

Inc

(ADR)

9,733,109‌

2,745,513

*

iClick

Interactive

Asia

Group

Ltd

(ADR)

1,400,212‌

10,450,000

Lenovo

Group

Ltd

10,134,355‌

270,231

*

Pinduoduo,

Inc

(ADR)

13,244,021‌

3,596,216

Ping

An

Insurance

Group

Co

of

China

Ltd

(Class

A)

22,510,407‌

1,300,476

Tencent

Holdings

Ltd

50,261,851‌

2,889,366

*

Vipshop

Holdings

Ltd

(ADR)

26,466,593‌

TOTAL

CHINA

292,218,851‌

COLOMBIA

-

1

.1

%

508,565

BanColombia

S.A.

(ADR)

14,733,128‌

TOTAL

COLOMBIA

14,733,128‌

HONG

KONG

-

1

.7

%

1,603,575

*

Melco

Crown

Entertainment

Ltd

(ADR)

8,258,411‌

22,290

*,†

Mongolian

Metals

Corporation

0‌

17,183,500

g

WH

Group

Ltd

13,013,699‌

TOTAL

HONG

KONG

21,272,110‌

INDIA

-

14

.4

%

22,956,912

Edelweiss

Capital

Ltd

16,926,721‌

397,753

HDFC

Bank

Ltd

(ADR)

24,978,888‌

1,299,303

Housing

Development

Finance

Corp

39,210,124‌

2,015,521

*

Life

Insurance

Corp

of

India

17,235,662‌

1,350,449

Piramal

Healthcare

Ltd

30,306,185‌

6,934,488

*,g

RBL

Bank

Ltd

8,116,074‌

1,538,304

Reliance

Industries

Ltd

48,924,718‌

TOTAL

INDIA

185,698,372‌

INDONESIA

-

3

.0

%

42,306,500

Astra

International

Tbk

PT

18,069,019‌

9,237,400

PT

United

Tractors

Tbk

20,187,521‌

TOTAL

INDONESIA

38,256,540‌

KOREA,

REPUBLIC

OF

-

8

.7

%

184,949

Hynix

Semiconductor,

Inc

13,981,552‌

391,414

KB

Financial

Group,

Inc

14,557,442‌

117,296

Naver

Corp

23,464,040‌

1,006,418

Samsung

Electronics

Co

Ltd

47,638,938‌

29,542

Samsung

SDI

Co

Ltd

12,985,173‌

TOTAL

KOREA,

REPUBLIC

OF

112,627,145‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Equity

Fund

July

31,

2022

59

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

MACAU

-

1

.3

%

24,888,100

*,e

Wynn

Macau

Ltd

$

16,367,004‌

TOTAL

MACAU

16,367,004‌

MEXICO

-

4

.1

%

546,415

Fomento

Economico

Mexicano

SAB

de

C.V.

(ADR)

33,866,802‌

2,502,538

Grupo

Televisa

SAB

(ADR)

19,569,847‌

TOTAL

MEXICO

53,436,649‌

PERU

-

1

.3

%

131,897

Credicorp

Ltd

17,067,472‌

TOTAL

PERU

17,067,472‌

SAUDI

ARABIA

-

0

.8

%

904,328

Saudi

British

Bank

10,180,663‌

TOTAL

SAUDI

ARABIA

10,180,663‌

SOUTH

AFRICA

-

2

.3

%

96,598

Naspers

Ltd

(N

Shares)

13,647,984‌

1,594,495

Standard

Bank

Group

Ltd

15,361,606‌

TOTAL

SOUTH

AFRICA

29,009,590‌

TAIWAN

-

12

.8

%

7,360,000

Hon

Hai

Precision

Industry

Co,

Ltd

26,898,927‌

1,287,000

MediaTek,

Inc

29,652,580‌

6,290,400

*

Taiwan

Semiconductor

Manufacturing

Co

Ltd

107,877,624‌

TOTAL

TAIWAN

164,429,131‌

TANZANIA,

UNITED

REPUBLIC

OF

-

0

.9

%

803,793

e

AngloGold

Ashanti

Ltd

(ADR)

11,823,795‌

TOTAL

TANZANIA,

UNITED

REPUBLIC

OF

11,823,795‌

THAILAND

-

1

.9

%

3,077,500

PTT

Exploration

&

Production

PCL

(ADR)

13,836,579‌

11,759,700

PTT

PCL

11,206,390‌

TOTAL

THAILAND

25,042,969‌

UNITED

STATES

-

0

.2

%

722,668

*

Grab

Holdings

Ltd.

2,131,871‌

TOTAL

UNITED

STATES

2,131,871‌

TOTAL

COMMON

STOCKS

1,151,795,096‌

(Cost

$1,438,032,968)

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

10.1%

GOVERNMENT

AGENCY

DEBT

-

8

.3

%

$

36,630,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/01/22

36,630,000‌

10,300,000

FHLB

0

.000

08/05/22

10,297,510‌

20,000,000

FHLB

0

.000

09/07/22

19,952,834‌

10,000,000

FHLB

0

.000

09/14/22

9,972,246‌

10,000,000

FHLB

0

.000

09/15/22

9,971,332‌

10,000,000

Tennessee

Valley

Authority

(TVA)

0

.000

08/03/22

9,998,778‌

10,000,000

TVA

0

.000

08/10/22

9,994,503‌

TOTAL

GOVERNMENT

AGENCY

DEBT

106,817,203‌

REPURCHASE

AGREEMENT

-

0

.8

%

11,085,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

08/01/22

11,085,000‌

TOTAL

REPURCHASE

AGREEMENT

11,085,000‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Equity

Fund

July

31,

2022

60

TIAA-CREF

Funds

concluded

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TREASURY

DEBT

-

0

.8

%

$

10,000,000

United

States

Treasury

Bill

0

.000

%

08/02/22

$

9,999,507‌

TOTAL

TREASURY

DEBT

9,999,507‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.2

%

2,736,704

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

2,736,704‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

2,736,704‌

TOTAL

SHORT-TERM

INVESTMENTS

130,638,414‌

(Cost

$130,648,111)

TOTAL

INVESTMENTS

-

99.5%

1,282,433,510‌

(Cost

$1,568,681,079)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.5%

6,609,907‌

NET

ASSETS

-

100.0%

$

1,289,043,417‌

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

$3,581,163.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$21,129,773

or

1.6%

of

net

assets.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$11,085,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$11,306,776.

Portfolio

of

investments

(unaudited)

International

Equity

Fund

July

31,

2022

61

TIAA-CREF

Funds

SHARES

COMPANY

VALUE

COMMON

STOCKS

-

94.0%

AUSTRALIA

-

6

.3

%

2,520,361

BHP

Billiton

Ltd

$

68,970,576‌

1,424,844

Commonwealth

Bank

of

Australia

101,188,718‌

11,994,308

Glencore

Xstrata

plc

67,980,127‌

4,098,459

*

NEXTDC

Ltd

34,117,797‌

1,058,063

Rio

Tinto

plc

63,874,710‌

455,432

Woodside

Energy

Group

Ltd

10,283,872‌

TOTAL

AUSTRALIA

346,415,800‌

BRAZIL

-

0

.7

%

11,329,098

*

Banco

Bradesco

S.A.

(Preference)

38,164,353‌

TOTAL

BRAZIL

38,164,353‌

DENMARK

-

1

.5

%

492,997

DSV

AS

83,070,439‌

TOTAL

DENMARK

83,070,439‌

FINLAND

-

1

.2

%

6,660,944

Nordea

Bank

Abp

65,642,111‌

TOTAL

FINLAND

65,642,111‌

FRANCE

-

10

.6

%

1,280,437

Airbus

SE

138,058,875‌

1,743,966

Compagnie

de

Saint-Gobain

81,320,818‌

556,035

Essilor

International

S.A.

87,176,467‌

137,258

Kering

78,578,965‌

1,852,731

*

Total

S.A.

94,632,597‌

1,115,728

Valeo

S.A.

23,965,864‌

655,404

Vinci

S.A.

62,826,202‌

2,018,828

Vivendi

Universal

S.A.

19,165,405‌

TOTAL

FRANCE

585,725,193‌

GERMANY

-

9

.5

%

258,729

Adidas-Salomon

AG.

44,757,911‌

2,484,325

Bayer

AG.

144,911,265‌

1,286,596

Deutsche

Post

AG.

51,386,467‌

845,745

HeidelbergCement

AG.

43,079,713‌

1,354,299

Infineon

Technologies

AG.

37,140,926‌

1,677,234

RWE

AG.

68,997,960‌

733,828

Siemens

AG.

81,854,082‌

375,754

Volkswagen

AG.

(Preference)

53,127,799‌

TOTAL

GERMANY

525,256,123‌

HONG

KONG

-

1

.6

%

1,981,724

Hong

Kong

Exchanges

and

Clearing

Ltd

90,942,175‌

TOTAL

HONG

KONG

90,942,175‌

IRELAND

-

1

.5

%

2,141,395

CRH

plc

82,174,193‌

TOTAL

IRELAND

82,174,193‌

ITALY

-

1

.8

%

6,670,410

Enel

S.p.A.

33,627,299‌

1,307,128

Moncler

S.p.A

65,524,846‌

TOTAL

ITALY

99,152,145‌

JAPAN

-

18

.9

%

4,545,900

Daiichi

Sankyo

Co

Ltd

120,533,188‌

394,916

Daikin

Industries

Ltd

69,259,668‌

2,744,379

*

Hitachi

Ltd

138,942,543‌

Portfolio

of

investments

(unaudited)

International

Equity

Fund

July

31,

2022

62

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

144,300

Keyence

Corp

$

57,192,165‌

152,628

Nintendo

Co

Ltd

68,251,128‌

2,909,300

ORIX

Corp

51,849,019‌

2,392,600

Recruit

Holdings

Co

Ltd

89,418,715‌

2,205,500

*

SBI

Holdings,

Inc

44,743,921‌

1,005,900

Shiseido

Co

Ltd

41,375,902‌

1,796,959

Sony

Corp

152,432,274‌

1,944,100

Sumitomo

Mitsui

Financial

Group,

Inc

60,990,481‌

9,205,945

*

Toyota

Motor

Corp

149,421,913‌

TOTAL

JAPAN

1,044,410,917‌

KOREA,

REPUBLIC

OF

-

0

.7

%

80,689

LG

Chem

Ltd

37,581,264‌

TOTAL

KOREA,

REPUBLIC

OF

37,581,264‌

NETHERLANDS

-

9

.8

%

186,099

e

ASML

Holding

NV

106,961,866‌

641,788

Heineken

NV

63,271,829‌

7,030,523

ING

Groep

NV

68,293,264‌

19,613,806

e

Koninklijke

KPN

NV

64,705,758‌

7,188,941

Shell

plc

191,774,436‌

1,921,810

Universal

Music

Group

NV

43,503,048‌

TOTAL

NETHERLANDS

538,510,201‌

NORWAY

-

2

.0

%

2,802,971

*

Equinor

ASA

107,925,268‌

TOTAL

NORWAY

107,925,268‌

SPAIN

-

1

.0

%

12,484,981

Banco

Bilbao

Vizcaya

Argentaria

S.A.

56,577,804‌

TOTAL

SPAIN

56,577,804‌

SWITZERLAND

-

4

.9

%

120,855

Lonza

Group

AG.

73,449,785‌

1,458,689

Novartis

AG.

125,344,606‌

170,400

Zurich

Insurance

Group

AG

74,384,427‌

TOTAL

SWITZERLAND

273,178,818‌

TAIWAN

-

0

.8

%

497,138

*

Taiwan

Semiconductor

Manufacturing

Co

Ltd

(ADR)

43,986,770‌

TOTAL

TAIWAN

43,986,770‌

UNITED

KINGDOM

-

16

.1

%

1,397,046

Ashtead

Group

plc

78,639,312‌

1,588,635

AstraZeneca

plc

208,970,966‌

30,907,248

Barclays

plc

59,204,769‌

7,532,092

BP

plc

36,864,014‌

1,590,669

British

American

Tobacco

plc

62,328,189‌

3,233,874

Diageo

plc

153,194,615‌

3,724,156

*

Haleon

plc

13,233,937‌

362,884

Linde

plc

(Xetra)

109,894,276‌

1,189,867

Reckitt

Benckiser

Group

plc

96,515,745‌

21,215,356

Tesco

plc

68,040,523‌

TOTAL

UNITED

KINGDOM

886,886,346‌

UNITED

STATES

-

5

.1

%

2,979,324

GSK

plc

62,596,201‌

581,628

Nestle

S.A.

71,265,292‌

384,262

Roche

Holding

AG.

127,576,720‌

Portfolio

of

investments

(unaudited)

International

Equity

Fund

July

31,

2022

63

TIAA-CREF

Funds

concluded

SHARES

COMPANY

VALUE

UNITED

STATES—continued

149,726

Schneider

Electric

S.A.

$

20,707,679‌

TOTAL

UNITED

STATES

282,145,892‌

TOTAL

COMMON

STOCKS

5,187,745,812‌

(Cost

$4,883,528,992)

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

5.8%

GOVERNMENT

AGENCY

DEBT

-

3

.6

%

$

10,000,000

Federal

Farm

Credit

Bank

(FFCB)

0

.000

%

08/24/22

9,986,106‌

50,000,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

08/05/22

49,987,911‌

12,500,000

FHLB

0

.000

08/15/22

12,489,426‌

40,000,000

FHLB

0

.000

09/07/22

39,905,667‌

10,000,000

FHLB

0

.000

09/14/22

9,972,246‌

20,000,000

FHLB

0

.000

09/15/22

19,942,665‌

10,000,000

FHLB

0

.000

12/28/22

9,889,541‌

25,000,000

Tennessee

Valley

Authority

(TVA)

0

.000

08/03/22

24,996,945‌

20,000,000

TVA

0

.000

08/10/22

19,989,006‌

TOTAL

GOVERNMENT

AGENCY

DEBT

197,159,513‌

REPURCHASE

AGREEMENT

-

0

.5

%

28,610,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

08/01/22

28,610,000‌

TOTAL

REPURCHASE

AGREEMENT

28,610,000‌

TREASURY

DEBT

-

0

.3

%

20,000,000

United

States

Treasury

Bill

0

.000

08/02/22

19,999,014‌

TOTAL

TREASURY

DEBT

19,999,014‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

1

.4

%

76,394,391

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

76,394,391‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

76,394,391‌

TOTAL

SHORT-TERM

INVESTMENTS

322,162,918‌

(Cost

$322,226,709)

TOTAL

INVESTMENTS

-

99.8%

5,509,908,730‌

(Cost

$5,205,755,701)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.2%

10,717,312‌

NET

ASSETS

-

100.0%

$

5,520,626,042‌

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

$166,803,395.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$28,610,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rates

1.500%–3.125%

and

maturity

dates

11/15/28–11/30/28,

valued

at

$29,182,267.

International

Opportunities

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

64

TIAA-CREF

Funds

SHARES

COMPANY

VALUE

COMMON

STOCKS

-

95.2%

AUSTRALIA

-

2

.7

%

97,623

*

Australia

&

New

Zealand

Banking

Group

Ltd

$

1,577,711‌

1,464,354

Australia

&

New

Zealand

Banking

Group

Ltd

23,665,807‌

990,827

IDP

Education

Ltd

19,935,314‌

4,272,409

*,e

PointsBet

Holdings

Ltd

9,682,204‌

TOTAL

AUSTRALIA

54,861,036‌

BRAZIL

-

4

.6

%

4,678,524

Banco

BTG

Pactual

S.A.

-

Unit

20,372,073‌

5,623,500

*

Itau

Unibanco

Holding

S.A.

25,671,531‌

19,069,500

Magazine

Luiza

S.A.

9,508,767‌

1,208,021

*

Pagseguro

Digital

Ltd

13,107,028‌

1,844,600

Vale

S.A.

24,866,325‌

TOTAL

BRAZIL

93,525,724‌

CANADA

-

12

.7

%

1,049,500

Alimentation

Couche-Tard,

Inc

46,887,583‌

396,248

e

Bank

of

Montreal

39,502,573‌

898,096

e

Cameco

Corp

(Toronto)

23,130,066‌

653,557

Dollarama,

Inc

39,609,979‌

986,588

*,e

Lightspeed

Commerce,

Inc

21,171,714‌

407,696

Nutrien

Ltd

34,900,344‌

711,050

*,e

Shopify,

Inc

(Class

A)

24,770,560‌

830,767

Suncor

Energy,

Inc

28,195,021‌

TOTAL

CANADA

258,167,840‌

CHINA

-

3

.7

%

1,021,900

JD.com,

Inc

30,485,878‌

922,400

Silergy

Corp

17,262,130‌

703,300

Tencent

Holdings

Ltd

27,181,709‌

TOTAL

CHINA

74,929,717‌

DENMARK

-

4

.1

%

182,956

Carlsberg

AS

(Class

B)

23,663,875‌

510,300

Novo

Nordisk

AS

59,436,556‌

TOTAL

DENMARK

83,100,431‌

FRANCE

-

5

.1

%

186,139

Essilor

International

S.A.

29,183,308‌

83,512

L'Oreal

S.A.

31,572,323‌

127,639

Teleperformance

42,682,599‌

TOTAL

FRANCE

103,438,230‌

GERMANY

-

4

.1

%

453,465

Bayer

AG.

26,450,721‌

161,482

Beiersdorf

AG.

16,652,787‌

148,233

Deutsche

Boerse

AG.

25,876,338‌

534,075

*

HelloFresh

SE

14,761,687‌

TOTAL

GERMANY

83,741,533‌

INDIA

-

1

.1

%

509,472

MindTree

Ltd

22,070,972‌

TOTAL

INDIA

22,070,972‌

INDONESIA

-

1

.3

%

85,976,300

Bank

Rakyat

Indonesia

25,379,584‌

TOTAL

INDONESIA

25,379,584‌

IRELAND

-

3

.7

%

626,315

CRH

plc

24,034,300‌

Portfolio

of

investments

(unaudited)

International

Opportunities

Fund

July

31,

2022

65

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

IRELAND—continued

189,493

*

Flutter

Entertainment

plc

$

19,047,003‌

321,350

Keywords

Studios

plc

9,879,549‌

587,889

Smurfit

Kappa

Group

plc

21,309,446‌

TOTAL

IRELAND

74,270,298‌

ITALY

-

4

.7

%

629,250

Amplifon

S.p.A.

20,808,121‌

1,926,620

Davide

Campari-Milano

NV

21,389,067‌

141,800

Ferrari

NV

30,112,964‌

475,890

Moncler

S.p.A

23,855,827‌

TOTAL

ITALY

96,165,979‌

JAPAN

-

9

.8

%

62,600

e

BayCurrent

Consulting,

Inc

19,585,315‌

784,400

Benefit

One,

Inc

12,740,536‌

206,900

GMO

Payment

Gateway,

Inc

17,193,993‌

1,126,000

MonotaRO

Co

Ltd

20,105,105‌

235,300

Murata

Manufacturing

Co

Ltd

13,744,037‌

1,857,700

Nikon

Corp

21,394,289‌

241,000

Paltac

Corp

7,554,994‌

752,300

Recruit

Holdings

Co

Ltd

28,115,731‌

2

Seria

Co

Ltd

40‌

144,999

*

SHIFT,

Inc

22,788,641‌

695,200

SMS

Co

Ltd

16,712,360‌

836,000

TechnoPro

Holdings,

Inc

19,427,590‌

TOTAL

JAPAN

199,362,631‌

NETHERLANDS

-

5

.4

%

13,634

*,g

Adyen

NV

24,524,455‌

87,682

e

ASML

Holding

NV

50,395,920‌

3,492,429

ING

Groep

NV

33,924,841‌

TOTAL

NETHERLANDS

108,845,216‌

NORWAY

-

3

.5

%

943,774

e

Aker

BP

ASA

32,792,701‌

967,777

*

Equinor

ASA

37,263,172‌

TOTAL

NORWAY

70,055,873‌

PHILIPPINES

-

0

.9

%

5,703,054

BDO

Unibank,

Inc

12,379,639‌

6,009,020

Robinsons

Retail

Holdings,

Inc

6,043,899‌

TOTAL

PHILIPPINES

18,423,538‌

PORTUGAL

-

1

.4

%

1,204,396

Jeronimo

Martins

SGPS

S.A.

27,878,088‌

TOTAL

PORTUGAL

27,878,088‌

SPAIN

-

1

.3

%

441,397

*

Amadeus

IT

Holding

S.A.

25,737,948‌

142,139

*,†,e

Let's

GOWEX

S.A.

1,453‌

TOTAL

SPAIN

25,739,401‌

SWEDEN

-

4

.3

%

152,148

g

Evolution

Gaming

Group

AB

14,763,039‌

2,009,889

Hexagon

AB

23,665,523‌

652,000

Intrum

Justitia

AB

13,926,695‌

3,273,725

Swedish

Match

AB

34,271,056‌

TOTAL

SWEDEN

86,626,313‌

SWITZERLAND

-

2

.6

%

6,007

Givaudan

S.A.

20,997,809‌

Portfolio

of

investments

(unaudited)

International

Opportunities

Fund

July

31,

2022

66

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

SWITZERLAND—continued

52,867

Lonza

Group

AG.

$

32,129,989‌

TOTAL

SWITZERLAND

53,127,798‌

TAIWAN

-

3

.4

%

1,197,540

Dadi

Early-Childhood

Education

Group

Ltd

4,675,706‌

938,000

Eclat

Textile

Co

Ltd

12,824,834‌

2,700,349

Hota

Industrial

Manufacturing

Co

Ltd

7,383,723‌

2,597,000

*

Taiwan

Semiconductor

Manufacturing

Co

Ltd

44,537,421‌

TOTAL

TAIWAN

69,421,684‌

UNITED

KINGDOM

-

10

.0

%

910,320

Ashtead

Group

plc

51,241,647‌

3,252,963

Beazley

plc

21,544,809‌

572,358

Compass

Group

plc

13,414,030‌

3,360,116

*

Darktrace

plc

15,428,386‌

343,237

Dechra

Pharmaceuticals

plc

15,446,573‌

1,880,365

Electrocomponents

plc

23,738,986‌

631,290

e

Fevertree

Drinks

plc

8,271,265‌

76,655

Linde

plc

(Xetra)

23,213,880‌

951,691

Travis

Perkins

plc

12,214,611‌

7,333,728

Tritax

Big

Box

REIT

plc

17,644,341‌

TOTAL

UNITED

KINGDOM

202,158,528‌

UNITED

STATES

-

4

.8

%

207,859

Ferguson

plc

26,148,390‌

980,069

*

Grab

Holdings

Ltd.

2,891,203‌

79,741

*

Lululemon

Athletica,

Inc

24,760,378‌

128,319

Roche

Holding

AG.

42,602,488‌

TOTAL

UNITED

STATES

96,402,459‌

TOTAL

COMMON

STOCKS

1,927,692,873‌

(Cost

$1,616,896,616)

REFERENCERATE

&

SPREAD

EXPIRATION

DATE

RIGHTS/WARRANTS

-

0.0%

AUSTRALIA

-

0

.0

%

211,504

e

PointsBet

Holdings

Ltd

07/08/24

0‌

112,654

e

PointsBet

Holdings

Pty

Ltd

09/30/22

236‌

TOTAL

AUSTRALIA

236‌

TOTAL

RIGHTS/WARRANTS

236‌

(Cost

$0)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

9.8%

GOVERNMENT

AGENCY

DEBT

-

2

.8

%

$

35,300,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/05/22

35,291,466‌

12,500,000

FHLB

0

.000

09/07/22

12,470,521‌

10,000,000

FHLB

0

.000

09/15/22

9,971,332‌

TOTAL

GOVERNMENT

AGENCY

DEBT

57,733,319‌

REPURCHASE

AGREEMENT

-

1

.1

%

23,080,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

08/01/22

23,080,000‌

TOTAL

REPURCHASE

AGREEMENT

23,080,000‌

Portfolio

of

investments

(unaudited)

International

Opportunities

Fund

July

31,

2022

67

TIAA-CREF

Funds

concluded

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TREASURY

DEBT

-

1

.0

%

$

20,000,000

United

States

Treasury

Bill

0

.000

%

08/02/22

$

19,999,014‌

TOTAL

TREASURY

DEBT

19,999,014‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

4

.9

%

99,057,134

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

99,057,134‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

99,057,134‌

TOTAL

SHORT-TERM

INVESTMENTS

199,869,467‌

(Cost

$199,886,069)

TOTAL

INVESTMENTS

-

105.0%

2,127,562,576‌

(Cost

$1,816,782,685)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(5.0)%

(

102,041,538‌

)

NET

ASSETS

-

100.0%

$

2,025,521,038‌

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

$118,650,817.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$39,287,494

or

1.9%

of

net

assets.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$23,080,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$23,541,678.

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

68

TIAA-CREF

Funds

SHARES

COMPANY

VALUE

COMMON

STOCKS

-

99.7%

AUSTRALIA

-

7

.2

%

1,351,878

Abacus

Property

Group

$

2,792,610‌

202,338

AUB

Group

Ltd

2,775,237‌

1,077,002

Bank

of

Queensland

Ltd

(ASE)

5,704,013‌

550,422

Bendigo

Bank

Ltd

3,994,210‌

474,583

carsales.com

Ltd

6,918,572‌

938,815

Centuria

Capital

Group

1,381,020‌

1,043,545

Centuria

Office

REIT

1,367,382‌

670,220

Charter

Hall

Education

Trust

1,780,409‌

2,024,930

Charter

Hall

Long

Wale

REIT

6,494,687‌

1,204,422

Cleanaway

Waste

Management

Ltd

2,320,307‌

26,438

Codan

Ltd

161,989‌

3,623,310

g

Coronado

Global

Resources,

Inc

3,604,571‌

23,717

Futuris

Corp

Ltd

188,460‌

132,763

GDI

Property

Group

91,281‌

129,523

Growthpoint

Properties

Australia

Ltd

344,219‌

125,317

Home

Consortium

471,918‌

1,112,318

HomeCo

Daily

Needs

REIT

1,079,792‌

889,291

e

Iluka

Resources

Ltd

6,035,638‌

2,725,650

Incitec

Pivot

Ltd

6,944,531‌

875,815

Ingenia

Communities

Group

2,871,799‌

1,338,083

Macquarie

CountryWide

Trust

3,960,769‌

2,155,516

*,e

nearmap

Ltd

2,110,881‌

91,439

Netwealth

Group

Ltd

830,716‌

1,370,113

Nufarm

Ltd

4,989,756‌

713,689

Perenti

Global

Ltd

287,916‌

2,167,612

Perseus

Mining

Ltd

2,572,568‌

11,202

Premier

Investments

Ltd

166,615‌

3,372,154

Qube

Logistics

Holdings

Ltd

6,559,284‌

1,454,389

Shopping

Centres

Australasia

Property

Group

3,035,272‌

889,291

*,e

Sierra

Rutile

Holdings

Ltd

198,831‌

362,090

SmartGroup

Corp

Ltd

1,754,303‌

810,137

Steadfast

Group

Ltd

3,037,237‌

1,004,623

United

Malt

Grp

Ltd

2,594,467‌

1,295,836

Waypoint

REIT

2,387,051‌

TOTAL

AUSTRALIA

91,808,311‌

AUSTRIA

-

0

.8

%

137,783

BAWAG

Group

AG.

6,361,407‌

16,312

EVN

AG.

384,724‌

75,986

Uniqa

Versicherungen

AG.

520,587‌

70,787

Vienna

Insurance

Group

AG

Wiener

Versicherung

Gruppe

1,625,150‌

34,906

Wienerberger

AG.

803,449‌

TOTAL

AUSTRIA

9,695,317‌

BELGIUM

-

0

.3

%

123,376

Fagron

NV

1,881,829‌

18,753

Gimv

NV

1,012,465‌

13,410

KBC

Ancora

469,685‌

9,312

Melexis

NV

798,996‌

1,411

VAN

DE

Velde

53,085‌

TOTAL

BELGIUM

4,216,060‌

BRAZIL

-

2

.0

%

197,100

*

3R

PETROLEUM

OLEO

E

GAS

S.A.

1,295,944‌

478,100

*

Anima

Holding

S.A.

413,963‌

487,845

Boa

Vista

Servicos

S.A.

507,259‌

1,895,300

Cia

de

Saneamento

de

Minas

Gerais-COPASA

4,395,663‌

403,100

EDP

-

Energias

do

Brasil

S.A.

1,690,588‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

69

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

BRAZIL—continued

1,276,600

Enauta

Participacoes

S.A.

$

4,571,887‌

2,662,600

*

Grupo

Mateus

S.A.

2,207,641‌

158,700

Guararapes

Confeccoes

S.A.

228,813‌

2,846,315

*

Hidrovias

do

Brasil

S.A.

1,226,741‌

182,000

LOG

Commercial

Properties

e

Participacoes

S.A.

735,865‌

108,900

M

Dias

Branco

S.A.

655,618‌

1,385,800

Metalurgica

Gerdau

S.A.

2,739,942‌

1,402,790

Odontoprev

S.A.

2,686,776‌

524,300

Vivara

Participacoes

S.A.

2,248,549‌

148,100

Wilson

Sons

Holdings

Brasil

S.A.

237,860‌

TOTAL

BRAZIL

25,843,109‌

CANADA

-

8

.5

%

133,414

Atco

Ltd

4,931,072‌

433,551

e

Atlas

Corp

5,063,876‌

288,537

*

Baytex

Energy

Trust

1,550,220‌

120,846

*,e

BELLUS

Health,

Inc

1,187,179‌

166,990

*

Celestica,

Inc

1,759,162‌

1,001,943

e

Corus

Entertainment,

Inc

2,941,943‌

141,671

e

Definity

Financial

Corp

4,082,355‌

90,577

*,e

dentalcorp

Holdings

Ltd

771,696‌

163,549

Enerplus

Corp

2,282,317‌

479,450

*,e

Enthusiast

Gaming

Holdings,

Inc

786,260‌

322,196

Finning

International,

Inc

7,045,010‌

92,609

Granite

REIT

5,841,986‌

395,932

H&R

Real

Estate

Investment

Trust

4,170,960‌

39,537

e

Hardwoods

Distribution,

Inc

1,031,225‌

1,073,151

*

Headwater

Exploration,

Inc

5,204,223‌

220,630

Interfor

Corp

5,447,910‌

15,523

g

Jamieson

Wellness,

Inc

450,943‌

629,650

*

Kelt

Exploration

Ltd

3,382,915‌

236,985

Killam

Apartment

Real

Estate

Investment

Trust

3,329,320‌

52,826

*

Kinaxis,

Inc

6,314,946‌

8,212

Morguard

Corp

709,007‌

17,997

*,e

NanoXplore,

Inc

51,579‌

447,209

e

PrairieSky

Royalty

Ltd

6,562,069‌

60,548

Primaris

REIT

626,497‌

103,080

Slate

Grocery

REIT

1,192,961‌

85,599

*

Solaris

Resources,

Inc

481,956‌

23,683

*,g

Spin

Master

Corp

882,738‌

593,808

e

Superior

Plus

Corp

5,365,162‌

442,033

e

Tamarack

Valley

Energy

Ltd

1,536,095‌

134,087

e

Timbercreek

Financial

Corp

876,427‌

344,132

e

Topaz

Energy

Corp

6,025,098‌

235,140

*

Torex

Gold

Resources,

Inc

1,790,336‌

132,994

Tourmaline

Oil

Corp

8,332,442‌

548,071

TransAlta

Corp

6,274,430‌

TOTAL

CANADA

108,282,315‌

CHILE

-

0

.1

%

115,463

CAP

S.A.

1,056,657‌

11,581

Empresa

Nacional

de

Telecomunicaciones

S.A.

38,298‌

TOTAL

CHILE

1,094,955‌

CHINA

-

2

.0

%

616,000

*,e,g

Antengene

Corp

Ltd

407,264‌

141,200

g

AsiaInfo

Technologies

Ltd

225,201‌

1,566,000

Beijing

Jingneng

Clean

Energy

Co

Ltd

315,434‌

2,946,000

Central

China

Management

Co

Ltd

322,235‌

8,056,000

China

BlueChemical

Ltd

2,179,583‌

348,000

China

Shineway

Pharmaceutical

Group

Ltd

277,118‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

70

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

CHINA—continued

3,376,000

China

XLX

Fertiliser

Ltd

$

2,182,491‌

4,565,760

*,†,e

China

Zhongwang

Holdings

Ltd

5,816‌

9,326,000

Citic

Resources

Holdings

Ltd

583,734‌

2,623,000

Citic

Telecom

International

Holdings

Ltd

874,743‌

1,754,000

Cofco

International

Ltd

558,517‌

548,000

CSSC

Hong

Kong

Shipping

Co

Ltd

101,161‌

1,204,000

*,e,g

CStone

Pharmaceuticals

636,828‌

325,000

Excellence

Commercial

Property

&

Facilities

Management

Group

Ltd

133,140‌

4,220,000

†,e

Fire

Rock

Holdings

Ltd

225,786‌

2,476,000

Fu

Shou

Yuan

International

Group

Ltd

1,686,751‌

13,074,023

Fushan

International

Energy

Group

Ltd

4,654,157‌

61,920,000

*,e

GCL

New

Energy

Holdings

Ltd

1,129,049‌

4,500,000

g

Greentown

Management

Holdings

Co

Ltd

3,743,281‌

202,000

*

Harbin

Power

Equipment

58,445‌

324,500

*,g

Hua

Medicine

158,883‌

828,000

JH

Educational

Technology,

Inc

398,711‌

288,500

JNBY

Design

Ltd

268,701‌

729,000

*,g

Peijia

Medical

Ltd

569,819‌

5,546,500

Shui

On

Land

Ltd

735,214‌

933,000

Sinopec

Engineering

Group

Co

Ltd

400,647‌

1,602,000

Sinopec

Kantons

Holdings

Ltd

502,564‌

674,000

Tianjin

Port

Development

Holdings

Ltd

52,457‌

407,640

*

Tongdao

Liepin

Group

524,486‌

1,296,000

VST

Holdings

Ltd

989,844‌

1,483,000

g

Xiabuxiabu

Catering

Management

China

Holdings

Co

Ltd

633,015‌

TOTAL

CHINA

25,535,075‌

CZECH

REPUBLIC

-

0

.0

%

654

Philip

Morris

CR

450,773‌

TOTAL

CZECH

REPUBLIC

450,773‌

DENMARK

-

1

.3

%

20,217

Chemometec

A.S.

2,414,968‌

9,251

Dfds

A.S.

331,543‌

58,156

Matas

A.S.

623,961‌

5,635

*

Nilfisk

Holding

A.S.

133,181‌

99,861

*

NKT

Holding

AS

5,116,394‌

24,814

PER

Aarsleff

A.S.

763,130‌

3,155

Solar

Holdings

AS

(B

Shares)

296,713‌

88,975

Sydbank

AS

2,732,339‌

83,128

Topdanmark

AS

4,051,628‌

TOTAL

DENMARK

16,463,857‌

EGYPT

-

0

.4

%

3,993,100

Centamin

plc

4,037,313‌

82,083

Misr

Fertilizers

Production

Co

SAE

433,263‌

90,147

Telecom

Egypt

63,666‌

TOTAL

EGYPT

4,534,242‌

FINLAND

-

0

.4

%

189,143

Kesko

Oyj

(B

Shares)

4,678,105‌

TOTAL

FINLAND

4,678,105‌

FRANCE

-

1

.7

%

34,645

Beneteau

S.A.

398,402‌

63,965

Carmila

S.A.

1,012,420‌

167,944

Elis

S.A.

2,506,707‌

35,177

Eramet

3,723,711‌

451,833

Etablissements

Maurel

et

Prom

2,387,820‌

5,781

Inter

Parfums

S.A.

290,023‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

71

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

FRANCE—continued

41,947

Neopost

S.A.

$

816,692‌

7,992

Nexans

S.A.

767,588‌

296,817

SPIE

S.A.

7,128,039‌

148,427

*

Vallourec

S.A.

1,375,328‌

79,657

*

Valneva

SE

792,235‌

TOTAL

FRANCE

21,198,965‌

GEORGIA

-

0

.0

%

19,299

Bank

of

Georgia

Group

plc

353,945‌

16,702

TBC

Bank

Group

plc

280,688‌

TOTAL

GEORGIA

634,633‌

GERMANY

-

3

.2

%

119,546

Aixtron

AG.

3,090,605‌

4,132

Amadeus

Fire

AG

461,667‌

107,892

Cancom

SE

3,688,270‌

68,474

*,e

CureVac

NV

913,989‌

8,891

Dermapharm

Holding

SE

500,905‌

14,270

Deutsche

Beteiligungs

AG.

411,864‌

89,100

DIC

Asset

AG.

1,013,467‌

14,431

Elmos

Semiconductor

AG.

698,940‌

34,558

Hamburger

Hafen

und

Logistik

AG.

481,644‌

206,746

Hensoldt

AG.

5,300,858‌

4,749

Hornbach

Holding

AG.

&

Co

KGaA

372,749‌

137,913

Hugo

Boss

AG.

8,149,607‌

244,767

K&S

AG.

5,161,212‌

14,179

KWS

Saat

AG.

866,321‌

95,727

Metro

Wholesale

&

Food

Specialist

AG.

777,983‌

26,843

Patrizia

Immobilien

AG.

346,228‌

798

Pfeiffer

Vacuum

Technology

AG.

126,172‌

70,154

*

PVA

TePla

AG.

1,532,428‌

6,105

Rheinmetall

AG.

1,119,517‌

8,894

Sixt

AG.

(Preference)

627,459‌

71,781

Softwareone

Holding

AG.

976,991‌

28,677

Stabilus

S.A.

1,616,178‌

9,814

Steico

SE

802,053‌

26,431

TAG

Tegernsee

Immobilien

und

Beteiligungs

AG.

292,704‌

66,261

Wacker

Construction

Equipment

AG.

1,274,918‌

8,925

Wuestenrot

&

Wuerttembergische

AG.

153,266‌

TOTAL

GERMANY

40,757,995‌

GREECE

-

0

.1

%

37,007

*

Aegean

Airlines

S.A.

196,484‌

61,950

Holding

CO

ADMIE

IPTO

S.A.

116,843‌

55,823

Motor

Oil

Hellas

Corinth

Refineries

S.A.

967,598‌

37,625

Sarantis

S.A.

265,337‌

TOTAL

GREECE

1,546,262‌

GUERNSEY,

C.I.

-

0

.0

%

376,748

BMO

Commercial

Property

Trust

Ltd

550,434‌

TOTAL

GUERNSEY,

C.I.

550,434‌

HONG

KONG

-

1

.6

%

737,000

ASM

Pacific

Technology

5,872,146‌

10,858,000

*,e

Beijing

Energy

International

Holding

Co

Ltd

319,582‌

817,000

China

Grand

Pharmaceutical

and

Healthcare

Holdings

Ltd

452,691‌

6,030,000

Concord

New

Energy

Group

Ltd

567,788‌

864,000

Digital

China

Holdings

Ltd

385,538‌

242,000

Far

East

Consortium

78,068‌

997,000

Hang

Lung

Group

Ltd

1,798,216‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

72

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

HONG

KONG—continued

3,120,500

HKBN

Ltd

$

3,466,383‌

9,024,100

Hutchison

Port

Holdings

Trust

2,125,076‌

189,000

IVD

Medical

Holding

Ltd

55,878‌

2,574,000

e

LK

Technology

Holdings

Ltd

4,496,899‌

203,000

Luk

Fook

Holdings

International

Ltd

495,651‌

180,000

Nissin

Foods

Co

Ltd

130,865‌

76,500

Stella

International

Holdings

Ltd

74,552‌

150,000

Sunlight

Real

Estate

Investment

Trust

71,657‌

TOTAL

HONG

KONG

20,390,990‌

HUNGARY

-

0

.0

%

367,609

Magyar

Telekom

290,432‌

TOTAL

HUNGARY

290,432‌

INDIA

-

2

.8

%

57,812

*

Aditya

Birla

Fashion

and

Retail

Ltd

196,885‌

1,186,456

*

Alok

Industries

Ltd

301,442‌

7,783

Amara

Raja

Batteries

Ltd

48,463‌

5,331

APL

Apollo

Tubes

Ltd

64,380‌

43,256

Astral

Polytechnik

Ltd

994,614‌

818

Balaji

Amines

Ltd

35,270‌

16,766

Bharat

Dynamics

Ltd

171,864‌

1,119,559

Brightcom

Group

Ltd

703,321‌

82,066

BSE

Ltd

705,376‌

112,766

Castrol

India

Ltd

162,273‌

331,483

Central

Depository

Services

India

Ltd

4,740,446‌

102,100

Century

Textile

&

Industries

Ltd

1,084,895‌

83,869

CESC

Ltd

81,368‌

162,007

Chambal

Fertilizers

&

Chemicals

Ltd

661,059‌

7,339

Clean

Science

&

Technology

Ltd

157,125‌

29,750

Computer

Age

Management

Services

Ltd

926,669‌

50,828

Coromandel

International

Ltd

661,699‌

154,934

Crompton

Greaves

Consumer

Electricals

Ltd

773,368‌

222,408

*

Crompton

Greaves

Ltd

631,865‌

8,439

Cummins

India

Ltd

131,062‌

34,658

Dalmia

Bharat

Ltd

702,252‌

52,699

Deepak

Fertilizers

&

Petrochemicals

Corp

Ltd

475,503‌

32,727

Deepak

Nitrite

Ltd

796,255‌

53,012

*

Devyani

International

Ltd

120,410‌

608,640

*

Dhani

Services

Ltd

319,005‌

55,716

EID

Parry

India

Ltd

394,583‌

26,926

Emami

Ltd

153,212‌

40,045

Glenmark

Pharmaceuticals

Ltd

193,046‌

100,659

Gujarat

Mineral

Development

Corp

Ltd

205,314‌

304,725

Gujarat

State

Fertilisers

&

Chemicals

Ltd

610,399‌

99,377

g

ICICI

Securities

Ltd

604,733‌

188,340

g

Indian

Energy

Exchange

Ltd

381,294‌

11,366,216

*

Jaiprakash

Power

Ventures

Ltd

922,584‌

588,200

Jindal

Steel

&

Power

Ltd

2,893,589‌

101,563

*

JSL

Ltd

152,585‌

46,867

Kaveri

Seed

Co

Ltd

287,584‌

4,678

Linde

India

Ltd

215,496‌

3,054

Mastek

Ltd

81,463‌

38,438

MindTree

Ltd

1,665,183‌

1,119,694

National

Aluminium

Co

Ltd

1,104,656‌

1,460

Navin

Fluorine

International

Ltd

81,022‌

658,553

NBCC

India

Ltd

275,157‌

15,859

g

Nippon

Life

India

Asset

Management

Ltd

56,068‌

6,796

*

Olectra

Greentech

Ltd

55,030‌

7,174

Persistent

Systems

Ltd

330,286‌

3,756

Polycab

India

Ltd

110,246‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

73

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

INDIA—continued

3,312

Polyplex

Corp

Ltd

$

97,949‌

26,376

Rajesh

Exports

Ltd

197,839‌

692,911

Rashtriya

Chemicals

&

Fertilizers

Ltd

770,238‌

189,106

Redington

India

Ltd

298,526‌

11,100

Relaxo

Footwears

Ltd

137,951‌

6,249,463

*

Reliance

Power

Ltd

983,884‌

6,755

Route

Mobile

Ltd

120,015‌

31,687

Sonata

Software

Ltd

282,793‌

38,072

Sumitomo

Chemical

India

Ltd

217,614‌

71,466

Tata

Chemicals

Ltd

823,710‌

36,671

Tata

Elxsi

Ltd

4,042,289‌

17,698

*,g

Tejas

Networks

Ltd

105,555‌

915,959

Trident

Ltd

460,920‌

25,644

Triveni

Engineering

&

Industries

Ltd

82,130‌

838,073

Vakrangee

Ltd

298,971‌

10,849

Voltas

Ltd

138,064‌

173,632

Welspun

India

Ltd

153,554‌

63,844

Zensar

Technologies

Ltd

200,547‌

TOTAL

INDIA

35,832,948‌

INDONESIA

-

1

.4

%

7,065,400

Bank

Pembangunan

Daerah

Jawa

Barat

Dan

Banten

Tbk

PT

638,576‌

5,499,000

Bank

Pembangunan

Daerah

Jawa

Timur

Tbk

PT

263,225‌

15,270,100

Bank

Tabungan

Negara

Persero

Tbk

PT

1,516,222‌

1,697,600

Bumitama

Agri

Ltd

737,333‌

1,430,000

First

Pacific

Co

570,627‌

183,200

First

Resources

Ltd

183,417‌

23,544,200

Golden

Agri-Resources

Ltd

4,433,124‌

20,710,837

Industri

Jamu

Dan

Farmasi

Sido

Muncul

Tbk

PT

1,263,665‌

15,927,400

*

Mitra

Adiperkasa

Tbk

PT

956,675‌

2,437,400

PT

Astra

Agro

Lestari

Tbk

1,587,194‌

10,717,400

*

PT

Indika

Energy

Tbk

1,932,022‌

45,785,400

*

PT

Medco

Energi

Internasional

Tbk

1,892,082‌

2,796,800

PT

Sawit

Sumbermas

Sarana

Tbk

283,885‌

6,023,200

PT

Tambang

Batubara

Bukit

Asam

Tbk

1,748,690‌

TOTAL

INDONESIA

18,006,737‌

IRELAND

-

0

.3

%

44,711

Bank

of

Ireland

Group

plc

256,094‌

787,395

Irish

Residential

Properties

REIT

plc

1,089,641‌

49,318

Keywords

Studios

plc

1,516,227‌

215,559

Origin

Enterprises

plc

875,097‌

TOTAL

IRELAND

3,737,059‌

ISRAEL

-

2

.5

%

30,643

Audiocodes

Ltd

751,274‌

2,502,132

Bezeq

Israeli

Telecommunication

Corp

Ltd

4,284,011‌

109,400

*

Cellcom

Israel

Ltd

600,026‌

23,610

Danya

Cebus

Ltd

607,704‌

17,979

*

Fattal

Holdings

1998

Ltd

2,102,656‌

146,882

First

International

Bank

Of

Israel

Ltd

6,210,180‌

8,017

Formula

Systems

1985

Ltd

834,034‌

211,785

Harel

Insurance

Investments

&

Finances

Ltd

2,165,527‌

12,104

*

Israel

Corp

Ltd

5,390,818‌

12,547

Ituran

Location

and

Control

Ltd

318,694‌

26,122

Magic

Software

Enterprises

Ltd

522,747‌

18,336

Malam-Team

Ltd

411,206‌

39,455

*

OPC

Energy

Ltd

456,312‌

22,015

*

OY

Nofar

Energy

Ltd

647,150‌

118,545

*

Radware

Ltd

2,741,946‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

74

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

ISRAEL—continued

30,896

Saipens

International

Corp

NV

$

810,346‌

54,509

Strauss

Group

Ltd

1,448,377‌

360,060

*

Taboola.com

Ltd

943,357‌

TOTAL

ISRAEL

31,246,365‌

ITALY

-

1

.2

%

115,710

ACEA

S.p.A.

1,670,925‌

73,915

Danieli

&

Co

S.p.A.

(RSP)

1,048,555‌

1,607,580

Iride

S.p.A.

3,029,519‌

6,512

Italmobiliare

S.p.A

181,434‌

24,043

Reply

S.p.A

3,165,175‌

24,814

Sesa

S.p.A

3,522,024‌

22,727

SOL

S.p.A.

421,519‌

192,270

Tamburi

Investment

Partners

S.p.A.

1,597,476‌

25,422

Tinexta

S.p.A

633,058‌

TOTAL

ITALY

15,269,685‌

JAPAN

-

18

.6

%

18,700

Aeon

Delight

Co

Ltd

404,720‌

326,500

*,e

AnGes

MG,

Inc

908,734‌

136,000

*,e

Bengo4.com,

Inc

3,922,371‌

22,100

BML,

Inc

653,630‌

56,700

*,e

CellSource

Co

Ltd

1,980,535‌

58,100

Central

Glass

Co

Ltd

1,430,792‌

64,500

Chudenko

Corp

1,035,795‌

122,800

Citizen

Watch

Co

Ltd

538,356‌

20,800

Comture

Corp

469,704‌

61,900

Daiken

Corp

907,129‌

96,900

Digital

Arts,

Inc

4,796,725‌

340,700

Electric

Power

Development

Co

5,748,535‌

275,700

Fancl

Corp

5,255,002‌

1,273,800

Fujikura

Ltd

7,700,389‌

47,300

Fujimi,

Inc

2,106,945‌

88,900

Funai

Soken

Holdings,

Inc

1,567,203‌

16,900

Fuso

Chemical

Co

Ltd

433,224‌

20,200

Fuyo

General

Lease

Co

Ltd

1,243,471‌

34,800

Goldcrest

Co

Ltd

473,323‌

63,700

Hankyu

Department

Stores,

Inc

479,052‌

6,200

Hanwa

Co

Ltd

135,599‌

1,024,500

Hitachi

Zosen

Corp

6,411,405‌

431,400

Iino

Kaiun

Kaisha

Ltd

2,300,861‌

92,000

Inaba

Denki

Sangyo

Co

Ltd

1,918,223‌

1,687

*

ITOCHU

Advance

Logistics

Investment

Corp

1,945,002‌

110,500

Itochu

Enex

Co

Ltd

889,508‌

282,700

Jafco

Co

Ltd

3,844,639‌

284,600

Japan

Petroleum

Exploration

Co

7,509,548‌

7,000

Japan

Pulp

&

Paper

Co

Ltd

218,979‌

306,000

JCR

Pharmaceuticals

Co

Ltd

5,685,180‌

27,400

Justsystems

Corp

845,927‌

20,600

Kanematsu

Electronics

Ltd

647,041‌

116,700

Kanto

Denka

Kogyo

Co

Ltd

800,381‌

176,700

Kawasaki

Heavy

Industries

Ltd

3,470,480‌

7,500

Kentucky

Fried

Chicken

Japan

Ltd

165,782‌

144,100

Kinden

Corp

1,701,287‌

177,100

Kitz

Corp

935,313‌

629,200

Kobe

Steel

Ltd

2,925,058‌

45,600

Kohnan

Shoji

Co

Ltd

1,278,706‌

127,400

Komeri

Co

Ltd

2,563,376‌

1,118,100

Konica

Minolta

Holdings,

Inc

3,965,779‌

16,700

Konoike

Transport

Co

Ltd

162,111‌

85,200

K's

Holdings

Corp

860,320‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

75

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

18,100

Kyokuto

Kaihatsu

Kogyo

Co

Ltd

$

197,674‌

985,400

Kyushu

Electric

Power

Co,

Inc

6,441,108‌

38,400

Lintec

Corp

675,094‌

13,200

Maruzen

Showa

Unyu

Co

Ltd

325,277‌

164,500

Maxell

Holdings

Ltd

1,720,621‌

15,500

Maxvalu

Tokai

Co

Ltd

315,275‌

28,140

*,e

Medley,

Inc

701,176‌

42,500

Milbon

Co

Ltd

1,714,031‌

93,500

Mimasu

Semiconductor

Industry

Co

Ltd

1,499,347‌

328,800

Miraito

Holdings

Corp

4,106,790‌

300,100

Mitsubishi

Materials

Corp

4,540,301‌

1,079,200

*

Mitsubishi

Motors

Corp

3,760,252‌

31,800

Mitsubishi

Research

Institute,

Inc

1,050,586‌

21,800

Mitsui

Sugar

Co

Ltd

311,115‌

55,500

Mitsui-Soko

Co

Ltd

1,294,380‌

88,800

Mizuno

Corp

1,667,567‌

60,600

Modec,

Inc

564,792‌

97

*

Mori

Hills

REIT

Investment

Corp

111,475‌

43,300

MOS

Food

Services,

Inc

1,113,596‌

120,400

Nakanishi,

Inc

2,265,938‌

56,700

Nichiha

Corp

1,171,355‌

252,900

Nihon

Kohden

Corp

5,658,430‌

56,700

Nihon

Unisys

Ltd

1,209,943‌

185,000

Nikon

Corp

2,130,561‌

24,200

Nippon

Ceramic

Co

Ltd

380,763‌

23,700

Nippon

Konpo

Unyu

Soko

Co

Ltd

435,850‌

319,400

Nippon

Light

Metal

Holdings

Co

Ltd

3,819,817‌

22,400

Nippon

Shokubai

Co

Ltd

876,760‌

158,200

Nippon

System

Development

Co

Ltd

2,971,710‌

13,800

Nitto

Kogyo

Corp

268,732‌

101,300

NOF

Corp

4,008,138‌

52,200

NOK

Corp

468,733‌

302,400

Nomura

Co

Ltd

2,007,106‌

15,000

OBIC

Business

Consultants

Ltd

511,722‌

29,700

Okinawa

Electric

Power

Co,

Inc

301,210‌

97,500

*

Pacific

Metals

Co

Ltd

1,821,564‌

19,400

Paramount

Bed

Holdings

Co

Ltd

359,633‌

295,400

*

PHC

Holdings

Corp

3,623,432‌

18,000

Plenus

Co

Ltd

269,222‌

454,600

Pola

Orbis

Holdings,

Inc

5,572,278‌

93,300

Prima

Meat

Packers

Ltd

1,590,073‌

31,300

Rengo

Co

Ltd

183,047‌

700

Riken

Vitamin

Co

Ltd

9,090‌

138,100

Sakata

Seed

Corp

5,020,190‌

201,500

Sankyo

Co

Ltd

6,337,290‌

12,700

Sanyo

Special

Steel

Co

Ltd

193,815‌

101,100

Sato

Corp

1,513,278‌

25,300

SBS

Holdings,

Inc

531,150‌

231,800

Seria

Co

Ltd

4,617,196‌

7,800

Shibuya

Kogyo

Co

Ltd

146,048‌

291,800

Shikoku

Electric

Power

Co,

Inc

1,723,854‌

53,800

Shinko

Plantech

Co

Ltd

494,913‌

173,840

e

Shinwa

Kaiun

Kaisha

Ltd

5,233,589‌

85,400

e

Shizuoka

Gas

Co

Ltd

605,963‌

976,700

Sky

Perfect

Jsat

Corp

4,092,016‌

68,300

Sparx

Group

Co

Ltd

154,928‌

37,500

Star

Micronics

Co

Ltd

485,940‌

66,600

Sumitomo

Bakelite

Co

Ltd

2,155,596‌

92,600

Sun

Frontier

Fudousan

Co

Ltd

776,279‌

222,000

Suzuken

Co

Ltd

6,135,845‌

11,400

Taihei

Dengyo

Kaisha

Ltd

261,027‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

76

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

279,300

Takara

Bio,

Inc

$

4,513,780‌

47,000

Takasago

Thermal

Engineering

Co

Ltd

597,801‌

202,600

Takeuchi

Manufacturing

Co

Ltd

3,915,233‌

81,500

Tamron

Co

Ltd

1,761,603‌

1,900

TKC

49,924‌

273,700

Tohoku

Electric

Power

Co,

Inc

1,515,359‌

125,000

Tokuyama

Corp

1,689,921‌

53,200

Tokyo

Seimitsu

Co

Ltd

1,848,274‌

48,000

Tokyo

Steel

Manufacturing

Co

Ltd

493,749‌

38,500

Torii

Pharmaceutical

Co

Ltd

953,311‌

354,000

UBE

Industries

Ltd

5,542,741‌

20,900

*

Universal

Entertainment

Corp

227,439‌

148,300

Wacoal

Holdings

Corp

2,405,198‌

33,500

Yellow

Hat

Ltd

438,273‌

13,700

Yokogawa

Bridge

Holdings

Corp

197,988‌

182,300

Yonex

Co

Ltd

1,633,006‌

TOTAL

JAPAN

235,524,221‌

KOREA,

REPUBLIC

OF

-

4

.1

%

89,278

Daewoong

Co

Ltd

1,943,185‌

100,059

Daishin

Securities

Co

Ltd

1,192,933‌

29,500

Daishin

Securities

Co

Ltd

PF

320,546‌

6,431

Dong-A

Pharmaceutical

Co

Ltd

495,162‌

2,207

Dong-A

ST

Co

Ltd

104,793‌

155,799

Dongwon

Development

Co

Ltd

497,475‌

7,922

Golfzon

co

Ltd

899,273‌

94,859

Hana

Materials,

Inc

2,970,995‌

2,038,047

Hanwha

Life

Insurance

Co

Ltd

3,621,958‌

5,678

Hyosung

Corp

335,703‌

208,374

Hyundai

Marine

&

Fire

Insurance

Co

Ltd

5,263,709‌

19,853

Ilyang

Pharmaceutical

Co

Ltd

364,186‌

5,805

Innocean

Worldwide,

Inc

203,834‌

226,975

JB

Financial

Group

Co

Ltd

1,304,813‌

88,345

Koh

Young

Technology,

Inc

961,804‌

16,059

Kolon

Industries,

Inc

677,967‌

1,516,151

*

Korea

Line

Corp

2,793,354‌

16,892

KT

Skylife

Co

Ltd

116,990‌

135,321

Lotte

Rental

Co

Ltd

4,141,157‌

81,431

LS

Cable

Ltd

3,695,470‌

64,867

*

LX

Holdings

Corp

436,742‌

1,041

Miwon

Commercial

Co

Ltd

144,656‌

4,064

Nong

Shim

Co

Ltd

874,705‌

156,038

*

SAM

KANG

M&T

Co

Ltd

2,787,209‌

175,865

Samsung

Techwin

Co

Ltd

8,760,191‌

6,099

Shinyoung

Securities

Co

Ltd

262,667‌

566,409

SK

Networks

Co

Ltd

1,896,516‌

73,737

TES

Co

Ltd

1,191,984‌

35,161

Tokai

Carbon

Korea

Co

Ltd

3,476,232‌

TOTAL

KOREA,

REPUBLIC

OF

51,736,209‌

MALAYSIA

-

0

.8

%

727,800

Astro

Malaysia

Holdings

BHD

146,443‌

818,200

Berjaya

Auto

BHD

325,655‌

404,900

Bursa

Malaysia

BHD

594,258‌

4,076,600

Frontken

Corp

BHD

2,660,571‌

130,000

Genting

Plantations

BHD

188,698‌

198,500

Guinness

Anchor

BHD

1,012,459‌

2,295,500

IGB

Real

Estate

Investment

Trust

835,896‌

2,060,309

g

Lotte

Chemical

Titan

Holding

BHD

884,213‌

3,266,100

Malakoff

Corp

BHD

488,437‌

669,500

Sunway

Real

Estate

Investment

227,153‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

77

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

MALAYSIA—continued

1,090,800

Time

dotCom

BHD

$

1,126,355‌

1,912,700

TSH

Resources

BHD

451,261‌

6,392,100

YTL

Corp

BHD

819,517‌

TOTAL

MALAYSIA

9,760,916‌

MALTA

-

0

.2

%

70,075

*,e

Kambi

Group

plc

1,264,979‌

85,074

Kindred

Group

plc

749,252‌

TOTAL

MALTA

2,014,231‌

MEXICO

-

0

.4

%

1,010,100

Bolsa

Mexicana

de

Valores

S.A.

de

C.V.

1,879,924‌

45,200

Concentradora

Fibra

Danhos

S.A.

de

C.V.

51,662‌

584,300

Grupo

Comercial

Chedraui

S.a.

DE

C.V.

1,776,504‌

58,700

e

Grupo

Herdez

SAB

de

C.V.

88,343‌

631,000

g

Macquarie

Mexico

Real

Estate

Management

SA

de

CV

822,431‌

TOTAL

MEXICO

4,618,864‌

NETHERLANDS

-

1

.7

%

141,790

Aalberts

Industries

NV

6,076,542‌

81,262

Brunel

International

NV

920,477‌

554,460

*

Fugro

NV

6,599,353‌

216,854

OCI

NV

7,528,442‌

TOTAL

NETHERLANDS

21,124,814‌

NEW

ZEALAND

-

0

.3

%

1,182,966

Fletcher

Building

Ltd

3,848,837‌

142,202

Kiwi

Property

Group

Ltd

91,300‌

TOTAL

NEW

ZEALAND

3,940,137‌

NIGERIA

-

0

.2

%

1,103,392

g

Airtel

Africa

plc

2,132,870‌

TOTAL

NIGERIA

2,132,870‌

NORWAY

-

2

.1

%

171,003

*,g

Crayon

Group

Holding

ASA

2,741,382‌

522,232

Golden

Ocean

Group

Ltd

5,766,022‌

152,821

Kongsberg

Gruppen

ASA

5,631,260‌

1,575,256

MPC

Container

Ships

AS.

3,841,735‌

23,652

Protector

Forsikring

ASA

278,976‌

25,927

Sparebank

Oestlandet

320,328‌

115,526

Sparebanken

Nord-Norge

1,117,596‌

374,144

TGS

Nopec

Geophysical

Co

ASA

5,553,451‌

448,105

*

Vaccibody

AS.

1,519,258‌

TOTAL

NORWAY

26,770,008‌

PHILIPPINES

-

0

.4

%

8,036,040

DMCI

Holdings,

Inc

1,385,817‌

485,000

Filinvest

REIT

Corp

59,822‌

4,413,600

Semirara

Mining

&

Power

Corp

3,325,728‌

TOTAL

PHILIPPINES

4,771,367‌

POLAND

-

0

.4

%

92,259

Asseco

Poland

S.A.

1,437,566‌

46,581

Bank

Handlowy

w

Warszawie

S.A.

591,312‌

47,627

Ciech

S.A.

407,672‌

642,947

*

Enea

S.A.

1,312,851‌

128,143

*

Grupa

Azoty

S.A.

1,192,947‌

39,127

Warsaw

Stock

Exchange

298,442‌

TOTAL

POLAND

5,240,790‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

78

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

PORTUGAL

-

0

.4

%

56,802

Corticeira

Amorim

SGPS

S.A.

$

603,767‌

523,513

*

Greenvolt-Energias

Renovaveis

S.A.

4,728,262‌

23,290

Semapa-Sociedade

de

Investimento

e

Gestao

340,823‌

TOTAL

PORTUGAL

5,672,852‌

RUSSIA

-

0

.0

%

81,310

†

Sistema

PJSFC

(GDR)

813‌

TOTAL

RUSSIA

813‌

SAUDI

ARABIA

-

0

.1

%

38,198

Abdullah

Al

Othaim

Markets

Co

1,188,075‌

22,864

Al

Hammadi

Co

for

Development

and

Investment

261,035‌

TOTAL

SAUDI

ARABIA

1,449,110‌

SINGAPORE

-

1

.5

%

385,500

Far

East

Hospitality

Trust

178,771‌

5,090,300

Frasers

Logistics

&

Industrial

Trust

5,313,748‌

117,700

Haw

Par

Corp

Ltd

938,225‌

7,622,600

NetLink

NBN

Trust

5,297,304‌

306,000

Olam

Group

Ltd

360,399‌

446,600

Overseas

Union

Enterprise

Ltd

423,517‌

1,211,100

Raffles

Medical

Group

Ltd

1,008,793‌

1,855,500

Sasseur

Real

Estate

Investment

Trust

1,061,967‌

85,400

SembCorp

Industries

Ltd

180,184‌

1,712,800

Sheng

Siong

Group

Ltd

1,984,038‌

496,200

StarHub

Ltd

449,289‌

4,455,700

*

Yangzijiang

Financial

Holding

Pte

Ltd

1,274,071‌

TOTAL

SINGAPORE

18,470,306‌

SOUTH

AFRICA

-

0

.8

%

108,431

Astral

Foods

Ltd

1,304,630‌

1,067,781

Coronation

Fund

Managers

Ltd

2,184,389‌

195,971

Omnia

Holdings

Ltd

753,194‌

1,571,854

Pick'n

Pay

Stores

Ltd

5,213,032‌

491,404

Super

Group

Ltd

829,598‌

TOTAL

SOUTH

AFRICA

10,284,843‌

SPAIN

-

0

.7

%

18,093

Corp

Financiera

Alba

954,448‌

552,869

Faes

Farma

S.A.

(Sigma)

2,356,298‌

20,096

Grupo

Catalana

Occidente

S.A.

599,275‌

75,174

Viscofan

S.A.

4,378,016‌

TOTAL

SPAIN

8,288,037‌

SWEDEN

-

4

.1

%

198,605

g

AcadeMedia

AB

979,129‌

190,330

AddTech

AB

3,258,195‌

39,342

AF

AB

600,745‌

80,461

g

Ambea

AB

396,638‌

489,927

Arjo

AB

2,691,312‌

60,866

Beijer

Alma

AB

1,222,327‌

310,579

Billerud

AB

4,006,020‌

48,298

Bufab

AB

1,457,157‌

123,228

Bure

Equity

AB

3,280,450‌

288,549

Cloetta

AB

577,546‌

101,944

*

Collector

AB

354,227‌

29,941

Fabege

AB

307,339‌

147,699

Fagerhult

AB

803,457‌

591,572

Fortnox

AB

3,373,372‌

21,243

GARO

AB

371,179‌

216,119

*,e

Humble

Group

AB

349,207‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

79

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

SWEDEN—continued

33,340

Investment

AB

Oresund

$

365,704‌

137,065

Inwido

AB

1,663,165‌

82,349

MIPS

AB

4,405,647‌

273,936

g

Munters

Group

AB

2,043,029‌

336,691

NCC

AB

(B

Shares)

3,496,602‌

173,689

*

OX2

AB

1,708,170‌

305,151

Ssab

Svenskt

Stal

AB

(Series

A)

1,476,740‌

1,165,552

Ssab

Svenskt

Stal

AB

(Series

B)

5,347,774‌

2,371,216

*

Stillfront

Group

AB

6,213,548‌

49,644

Synsam

AB

306,478‌

108,842

Wihlborgs

Fastigheter

AB

928,113‌

18,553

*

Xvivo

Perfusion

AB

418,995‌

TOTAL

SWEDEN

52,402,265‌

SWITZERLAND

-

2

.9

%

3,409,931

*

Aryzta

AG.

3,897,040‌

15,391

BKW

S.A.

1,751,002‌

7,046

Bucher

Industries

AG.

2,705,220‌

74,764

DKSH

Holding

AG.

6,145,488‌

663

LEM

Holding

S.A.

1,316,457‌

559,959

OC

Oerlikon

Corp

AG.

4,333,568‌

6,673

Orior

AG.

571,029‌

68,219

PSP

Swiss

Property

AG.

8,158,457‌

8,316

Rieter

Holding

AG.

943,725‌

11,059

SFS

Group

AG.

1,215,621‌

16,891

Tecan

Group

AG.

5,998,609‌

4,507

*

V-ZUG

Holding

AG.

368,855‌

TOTAL

SWITZERLAND

37,405,071‌

TAIWAN

-

5

.1

%

67,000

Alchip

Technologies

Ltd

1,592,248‌

51,600

ASPEED

Technology,

Inc

3,330,453‌

556,000

Chang

Wah

Technology

Co

Ltd

1,443,319‌

1,733,000

China

Bills

Finance

Corp

929,655‌

18,000

ECOVE

Environment

Corp

146,388‌

5,378,000

Evergreen

International

Storage

&

Transport

Corp

5,265,268‌

848,000

Faraday

Technology

Corp

4,473,217‌

496,000

Feng

Hsin

Iron

&

Steel

Co

1,098,382‌

120,000

Formosa

Advanced

Technologies

Co

Ltd

147,882‌

337,000

Global

Unichip

Corp

5,734,628‌

185,000

Greatek

Electronics,

Inc

383,356‌

134,000

International

Games

System

Co

Ltd

1,588,213‌

2,248,000

King

Yuan

Electronics

Co

Ltd

2,965,518‌

1,586,000

King's

Town

Bank

1,849,648‌

223,000

*

KMC

Kuei

Meng

International

In

1,178,433‌

1,030,000

Lung

Yen

Life

Service

Corp

1,386,307‌

6,143,034

*

Mercuries

Life

Insurance

Co

Lt

1,282,477‌

1,754,000

Sesoda

Corp

2,814,089‌

68,000

Shinkong

Insurance

Co

Ltd

117,338‌

52,000

Simplo

Technology

Co

Ltd

459,608‌

5,733,000

Sincere

Navigation

4,568,735‌

354,000

Systex

Corp

869,974‌

2,413,000

Taiwan

Fertilizer

Co

Ltd

5,175,115‌

350,000

Taiwan

Secom

Co

Ltd

1,201,159‌

330,000

Tong

Hsing

Electronic

Industries

Ltd

2,169,176‌

250,000

Topco

Scientific

Co

Ltd

1,292,003‌

1,634,000

TPK

Holding

Co

Ltd

1,878,859‌

198,000

Tripod

Technology

Corp

679,358‌

15,000

Ttet

Union

Corp

77,768‌

252,000

TTY

Biopharm

Co

Ltd

595,934‌

3,113,160

*

United

Renewable

Energy

Co

Ltd/Taiwan

2,299,254‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

80

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

TAIWAN—continued

86,000

VIA

Labs,

Inc

$

695,264‌

2,176,000

Wisdom

Marine

Lines

Co

Ltd

4,995,762‌

83,000

YungShin

Global

Holding

Corp

113,207‌

TOTAL

TAIWAN

64,797,995‌

THAILAND

-

1

.3

%

1,507,000

Bangkok

Life

Assurance

PCL

1,555,718‌

401,500

Mega

Lifesciences

PCL

531,734‌

4,229,900

Regional

Container

Lines

PCL

4,355,234‌

4,953,700

Sino

Thai

Engineering

&

Construction

PCL

1,637,959‌

322,000

SPCG

PCL

137,870‌

2,479,000

Supalai

PCL

1,311,243‌

1,031,620

Thonburi

Healthcare

Group

PCL

1,822,169‌

18,466,700

Thoresen

Thai

Agencies

PCL

4,451,059‌

1,250,800

TPI

Polene

Power

PCL

126,238‌

TOTAL

THAILAND

15,929,224‌

TURKEY

-

0

.3

%

31,283

Coca-Cola

Icecek

AS

253,823‌

3,084,123

Haci

Omer

Sabanci

Holding

AS

3,420,396‌

23,370

*

Koza

Anadolu

Metal

Madencilik

Isletmeleri

AS

37,114‌

86,564

Sok

Marketler

Ticaret

AS.

67,830‌

TOTAL

TURKEY

3,779,163‌

UNITED

ARAB

EMIRATES

-

0

.2

%

222,430

*

Borr

Drilling

Ltd

811,618‌

8,506,829

Dana

Gas

PJSC

2,315,981‌

TOTAL

UNITED

ARAB

EMIRATES

3,127,599‌

UNITED

KINGDOM

-

10

.6

%

67,183

AG.

Barr

plc

442,884‌

727,694

AJ

Bell

plc

2,799,951‌

264,363

Alliance

Pharma

plc

313,249‌

280,927

Big

Yellow

Group

plc

4,873,139‌

522,411

Britvic

plc

5,474,432‌

263,423

Bytes

Technology

Group

plc

1,453,920‌

992,362

Chemring

Group

plc

4,199,789‌

24,568

Computacenter

plc

776,695‌

34,080

Craneware

plc

780,249‌

10,478

CVS

Group

plc

219,984‌

41,990

Dechra

Pharmaceuticals

plc

1,889,661‌

177,444

Derwent

London

plc

6,194,944‌

201,978

Diploma

plc

6,782,926‌

1,637,623

DS

Smith

plc

5,837,457‌

171,365

*

easyJet

plc

836,984‌

223,499

Essentra

plc

674,666‌

577,744

GB

Group

plc

3,575,099‌

574,811

Grafton

Group

plc

5,945,537‌

819,695

Halfords

Group

plc

1,714,977‌

560,695

Howden

Joinery

Group

plc

4,628,287‌

402,310

Hunting

plc

1,058,255‌

201,684

g

Ibstock

plc

505,527‌

756,574

IG

Group

Holdings

plc

7,340,467‌

222,459

Inchcape

plc

2,276,907‌

58,493

Intermediate

Capital

Group

plc

1,090,395‌

192,940

Kainos

Group

plc

3,207,235‌

11,001

Keller

Group

plc

106,959‌

1,522,935

Learning

Technologies

Group

plc

2,466,658‌

848,910

LXI

REIT

plc

1,537,680‌

2,596,678

Man

Group

plc

8,638,474‌

40,895

*

Marlowe

plc

397,419‌

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

81

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

UNITED

KINGDOM—continued

260,924

Morgan

Crucible

Co

plc

$

1,012,044‌

72,135

Numis

Corp

plc

227,335‌

373,404

Polypipe

Group

plc

1,933,777‌

205,022

PZ

Cussons

plc

526,031‌

1,212,884

QinetiQ

plc

5,648,780‌

670,802

Redrow

plc

4,742,992‌

143,513

g

Regional

REIT

Ltd

129,106‌

18,902

Renishaw

plc

1,003,473‌

204,431

Rotork

plc

648,714‌

475,001

Safestore

Holdings

plc

6,614,203‌

172,767

*

Senior

plc

305,494‌

179,125

Spectris

plc

6,813,133‌

1,295,414

Spirent

Communications

plc

4,455,809‌

42,796

Sthree

plc

196,563‌

175,900

*

Team17

Group

plc

940,595‌

3,188,044

Tritax

Big

Box

REIT

plc

7,670,169‌

49,577

Vesuvius

plc

217,229‌

430,363

e

Volex

plc

1,653,441‌

41,900

Watkin

Jones

plc

112,257‌

875,406

Wickes

Group

plc

1,453,052‌

TOTAL

UNITED

KINGDOM

134,345,003‌

UNITED

STATES

-

4

.7

%

3,204,291

*

Diversified

Gas

&

Oil

plc

4,827,003‌

228,533

iShares

Core

MSCI

Emerging

Markets

ETF

11,211,829‌

95,256

e

iShares

MSCI

Canada

Index

Fund

3,363,489‌

512,708

iShares

MSCI

EAFE

Small-Cap

ETF

29,844,733‌

161,149

*

MDA

Ltd

1,060,861‌

123,000

Parade

Technologies

Ltd

4,631,979‌

1,034,952

Reliance

Worldwide

Corp

Ltd

3,233,569‌

24,877

*

Taro

Pharmaceutical

Industries

Ltd

887,860‌

TOTAL

UNITED

STATES

59,061,323‌

TOTAL

COMMON

STOCKS

1,264,712,655‌

(Cost

$1,359,390,604)

SHORT-TERM

INVESTMENTS

-

2.0%

RATE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

2

.0

%

$

25,012,789

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

25,012,789‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

25,012,789‌

TOTAL

SHORT-TERM

INVESTMENTS

25,012,789‌

(Cost

$25,012,789)

TOTAL

INVESTMENTS

-

101.7%

1,289,725,444‌

(Cost

$1,384,403,393)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(1.7)%

(

21,603,859‌

)

NET

ASSETS

-

100.0%

$

1,268,121,585‌

ETF

Exchange

Traded

Fund

GDR

Global

Depositary

Receipt

REIT

Real

Estate

Investment

Trust

Portfolio

of

investments

(unaudited)

Quant

International

Small-Cap

Equity

Fund

July

31,

2022

82

TIAA-CREF

Funds

concluded

*

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

$44,796,560.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$23,094,518

or

1.8%

of

net

assets.

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

83

TIAA-CREF

Funds

SHARES

COMPANY

VALUE

COMMON

STOCKS

-

99.3%

AUSTRALIA

-

7

.2

%

74,309

APA

Group

$

609,286‌

10,912

Aurizon

Holdings

Ltd

30,884‌

27,553

*

Australia

&

New

Zealand

Banking

Group

Ltd

445,291‌

413,291

Australia

&

New

Zealand

Banking

Group

Ltd

6,679,304‌

8,834

Australian

Stock

Exchange

Ltd

549,075‌

139,920

BlueScope

Steel

Ltd

1,643,553‌

40,091

Brambles

Ltd

322,681‌

8,415

Cochlear

Ltd

1,268,367‌

111,698

Coles

Group

Ltd

1,471,100‌

184,637

Commonwealth

Bank

of

Australia

13,112,440‌

138,937

Computershare

Ltd

2,454,598‌

52,211

CSL

Ltd

10,631,046‌

39,866

Dexus

Property

Group

267,900‌

9,158

Evolution

Mining

Ltd

16,917‌

325,298

Fortescue

Metals

Group

Ltd

4,186,116‌

134,218

Goodman

Group

1,964,289‌

84,960

GPT

Group

273,333‌

17,118

IDP

Education

Ltd

344,412‌

71,463

Insurance

Australia

Group

Ltd

224,863‌

125,987

Lend

Lease

Corp

Ltd

912,730‌

34,403

Macquarie

Group

Ltd

4,403,012‌

79,106

Mineral

Resources

Ltd

3,014,262‌

62,115

Mirvac

Group

94,103‌

225,239

Newcrest

Mining

Ltd

3,035,379‌

98,399

Northern

Star

Resources

Ltd

540,764‌

2,654

Orica

Ltd

31,456‌

483,363

Origin

Energy

Ltd

2,029,334‌

83,107

QBE

Insurance

Group

Ltd

671,980‌

34,083

Ramsay

Health

Care

Ltd

1,683,760‌

5,034

REA

Group

Ltd

444,121‌

72,273

Seek

Ltd

1,170,616‌

553,772

Transurban

Group

5,660,484‌

186,464

Vicinity

Centres

272,833‌

97,982

Wesfarmers

Ltd

3,210,430‌

67,737

Wisetech

Global

Ltd

2,398,880‌

140,784

Woodside

Energy

Group

Ltd

3,178,970‌

185,763

Woolworths

Ltd

4,887,254‌

TOTAL

AUSTRALIA

84,135,823‌

AUSTRIA

-

0

.7

%

122,225

Erste

Bank

der

Oesterreichischen

Sparkassen

AG.

3,098,730‌

102,928

Mondi

plc

1,953,287‌

68,544

OMV

AG.

2,919,284‌

TOTAL

AUSTRIA

7,971,301‌

BELGIUM

-

1

.2

%

12,009

Dieteren

S.A.

1,970,990‌

83,552

KBC

Groep

NV

4,376,200‌

14,733

Solvay

S.A.

1,294,042‌

45,627

UCB

S.A.

3,565,237‌

91,229

Umicore

S.A.

3,304,530‌

TOTAL

BELGIUM

14,510,999‌

CHILE

-

0

.2

%

190,289

Antofagasta

plc

2,707,561‌

TOTAL

CHILE

2,707,561‌

CHINA

-

1

.2

%

1,176,017

BOC

Hong

Kong

Holdings

Ltd

4,254,023‌

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

84

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

CHINA—continued

114,435

Prosus

NV

$

7,465,166‌

852,500

Wilmar

International

Ltd

2,484,105‌

TOTAL

CHINA

14,203,294‌

DENMARK

-

2

.8

%

6,894

Chr

Hansen

Holding

A/S

451,232‌

15,833

Coloplast

AS

1,853,077‌

45,400

*

Demant

A.S.

1,729,546‌

8,420

*

Genmab

AS

2,996,004‌

18,468

GN

Store

Nord

643,131‌

163,647

Novo

Nordisk

AS

19,060,580‌

7,934

Novozymes

AS

506,826‌

24,218

g

Orsted

AS

2,819,378‌

8,777

Pandora

AS

652,058‌

87,485

Vestas

Wind

Systems

A.S.

2,299,432‌

TOTAL

DENMARK

33,011,264‌

FINLAND

-

1

.1

%

9,843

Elisa

Oyj

(Series

A)

544,368‌

99,122

Neste

Oil

Oyj

5,096,980‌

1,087,549

Nokia

Oyj

5,664,586‌

12,657

Orion

Oyj

(Class

B)

604,213‌

37,810

Stora

Enso

Oyj

(R

Shares)

584,758‌

25,253

UPM-Kymmene

Oyj

800,262‌

TOTAL

FINLAND

13,295,167‌

FRANCE

-

9

.7

%

82,133

*

Accor

S.A.

2,131,261‌

302,960

AXA

S.A.

6,980,959‌

19,990

BioMerieux

2,163,664‌

87,352

Bouygues

S.A.

2,640,627‌

38,777

Bureau

Veritas

S.A.

1,069,493‌

32,285

Cap

Gemini

S.A.

6,157,938‌

176,814

Cie

Generale

des

Etablissements

Michelin

S.C.A

4,948,063‌

111,445

Danone

6,144,983‌

32,194

Eiffage

S.A.

3,021,052‌

44,130

Essilor

International

S.A.

6,918,805‌

21,026

Eurazeo

1,501,835‌

18,200

Fonciere

Des

Regions

1,151,033‌

7,636

Gecina

S.A.

782,924‌

5,214

Hermes

International

7,153,315‌

12,091

Kering

6,921,988‌

103,818

Klepierre

2,306,841‌

32,458

Legrand

S.A.

2,657,292‌

28,393

L'Oreal

S.A.

10,734,181‌

476,006

Orange

S.

A.

4,864,035‌

71,581

Publicis

Groupe

S.A.

3,809,207‌

5,764

SEB

S.A.

485,274‌

216,833

Societe

Generale

4,858,445‌

4,761

Teleperformance

1,592,083‌

263,869

*

Total

S.A.

13,477,730‌

25,288

*

Unibail-Rodamco-Westfield

1,426,418‌

30,833

*

Unibail-Rodamco-Westfield

1,750,844‌

99,496

Valeo

S.A.

2,137,176‌

215,899

Vivendi

Universal

S.A.

2,049,601‌

12,790

Wendel

1,177,187‌

TOTAL

FRANCE

113,014,254‌

GERMANY

-

7

.3

%

24,317

Adidas-Salomon

AG.

4,206,634‌

43,876

Allianz

AG.

7,968,149‌

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

85

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

GERMANY—continued

123,285

BASF

SE

$

5,494,217‌

72,863

Bayerische

Motoren

Werke

AG.

5,953,878‌

40,036

Beiersdorf

AG.

4,128,701‌

9,703

Brenntag

AG.

681,588‌

17,945

Carl

Zeiss

Meditec

AG.

2,618,890‌

121,550

Daimler

AG.

(Registered)

7,168,287‌

13,624

Deutsche

Boerse

AG.

2,378,278‌

37,149

HeidelbergCement

AG.

1,892,259‌

41,866

Henkel

KGaA

2,639,852‌

47,964

Henkel

KGaA

(Preference)

3,064,098‌

6,037

LEG

Immobilien

AG.

548,433‌

28,827

Merck

KGaA

5,490,408‌

21,412

MTU

Aero

Engines

Holding

AG.

4,139,226‌

15,077

Muenchener

Rueckver

AG.

3,418,046‌

8,148

Puma

AG.

Rudolf

Dassler

Sport

550,183‌

120,080

SAP

AG.

11,200,187‌

88,596

Siemens

AG.

9,882,349‌

7,497

Symrise

AG.

874,792‌

253,860

Telefonica

Deutschland

Holding

AG.

674,920‌

12,283

*,g

Zalando

SE

345,805‌

TOTAL

GERMANY

85,319,180‌

HONG

KONG

-

2

.9

%

1,159,400

AIA

Group

Ltd

11,648,079‌

366,500

CLP

Holdings

Ltd

3,107,762‌

201,781

Hang

Seng

Bank

Ltd

3,254,852‌

115,638

Hong

Kong

Exchanges

and

Clearing

Ltd

5,306,678‌

429,230

Link

REIT

3,594,513‌

673,231

MTR

Corp

3,565,098‌

240,468

Swire

Pacific

Ltd

(Class

A)

1,369,494‌

564,600

Swire

Properties

Ltd

1,345,289‌

TOTAL

HONG

KONG

33,191,765‌

IRELAND

-

0

.9

%

122,236

CRH

plc

4,690,702‌

44,826

Kerry

Group

plc

(Class

A)

4,731,434‌

25,708

Smurfit

Kappa

Group

plc

931,848‌

TOTAL

IRELAND

10,353,984‌

ISRAEL

-

0

.4

%

458,626

Bank

Hapoalim

Ltd

4,274,396‌

TOTAL

ISRAEL

4,274,396‌

ITALY

-

1

.9

%

60,084

Amplifon

S.p.A.

1,986,866‌

314,717

Assicurazioni

Generali

S.p.A.

4,704,907‌

97,112

Coca-Cola

HBC

AG.

2,390,082‌

1,332,054

Enel

S.p.A.

6,715,236‌

3,240,580

Intesa

Sanpaolo

S.p.A.

5,754,649‌

TOTAL

ITALY

21,551,740‌

JAPAN

-

22

.6

%

52,900

e

Aeon

Co

Ltd

1,066,830‌

152,200

Ajinomoto

Co,

Inc

4,005,292‌

50,714

*

All

Nippon

Airways

Co

Ltd

946,763‌

137,300

Asahi

Kasei

Corp

1,101,476‌

228,100

Astellas

Pharma,

Inc

3,572,362‌

6,400

Azbil

Corp

192,660‌

163,365

Chugai

Pharmaceutical

Co

Ltd

4,589,378‌

9,127

Dai

Nippon

Printing

Co

Ltd

201,409‌

9,400

Daifuku

Co

Ltd

599,405‌

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

86

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

264,600

Daiichi

Sankyo

Co

Ltd

$

7,015,790‌

23,275

Daikin

Industries

Ltd

4,081,928‌

93,649

Daiwa

House

Industry

Co

Ltd

2,313,886‌

48,032

East

Japan

Railway

Co

2,507,605‌

54,348

Eisai

Co

Ltd

2,488,858‌

961,800

ENEOS

Holdings,

Inc

3,720,629‌

16,200

*

Fanuc

Ltd

2,793,859‌

4,000

Fast

Retailing

Co

Ltd

2,422,361‌

72,300

Fujifilm

Holdings

Corp

4,129,922‌

39,772

Fujitsu

Ltd

5,331,928‌

27,116

Hankyu

Hanshin

Holdings,

Inc

786,546‌

23,400

*

Hitachi

Construction

Machinery

Co

Ltd

516,248‌

24,563

*

Hitachi

Metals

Ltd

377,702‌

70,141

Hulic

Co

Ltd

562,537‌

51,300

Ibiden

Co

Ltd

1,513,942‌

259,450

Inpex

Holdings,

Inc

2,973,757‌

178,500

JFE

Holdings,

Inc

2,012,560‌

44,200

JSR

Corp

1,224,249‌

77,100

Kao

Corp

3,353,418‌

230,196

KDDI

Corp

7,380,617‌

3,600

Keio

Corp

137,844‌

21,300

Keisei

Electric

Railway

Co

Ltd

583,978‌

21,946

Keyence

Corp

8,698,124‌

67,500

Kikkoman

Corp

4,002,393‌

3,165

Kintetsu

Corp

104,594‌

104,100

Komatsu

Ltd

2,406,622‌

109,572

Kubota

Corp

1,819,261‌

1,900

Kurita

Water

Industries

Ltd

77,063‌

48,200

Kyowa

Hakko

Kogyo

Co

Ltd

1,136,326‌

34,500

LIXIL

Group

Corp

713,986‌

462,900

Marubeni

Corp

4,306,019‌

20,100

MEIJI

Holdings

Co

Ltd

1,049,421‌

154,279

Mitsubishi

Chemical

Holdings

Corp

867,592‌

190,279

Mitsubishi

Corp

5,654,954‌

214,126

Mitsubishi

Estate

Co

Ltd

3,180,115‌

7,000

Mitsui

Chemicals,

Inc

147,450‌

226,000

Mitsui

Fudosan

Co

Ltd

5,050,967‌

44,200

MS&AD

Insurance

Group

Holdings

Inc

1,433,465‌

60,500

Murata

Manufacturing

Co

Ltd

3,533,847‌

59,201

NEC

Corp

2,185,371‌

5,600

NGK

Insulators

Ltd

81,907‌

15,104

Nintendo

Co

Ltd

6,754,102‌

18,500

Nippon

Express

Holdings,

Inc

1,105,475‌

172,000

Nippon

Paint

Co

Ltd

1,314,798‌

256,254

Nippon

Steel

Corp

3,813,118‌

49,000

Nippon

Yusen

Kabushiki

Kaisha

3,849,014‌

28,313

Nissin

Food

Products

Co

Ltd

2,050,599‌

27,900

Nitto

Denko

Corp

1,796,628‌

715,700

*

Nomura

Holdings,

Inc

2,730,762‌

21,100

Nomura

Real

Estate

Holdings,

Inc

511,873‌

111,200

Nomura

Research

Institute

Ltd

3,340,926‌

48,485

Obayashi

Corp

356,580‌

44,521

Odakyu

Electric

Railway

Co

Ltd

638,539‌

14,600

Omron

Corp

816,549‌

71,200

Ono

Pharmaceutical

Co

Ltd

2,002,066‌

33,682

Oriental

Land

Co

Ltd

5,113,894‌

206,500

ORIX

Corp

3,680,206‌

92,900

Osaka

Gas

Co

Ltd

1,670,165‌

20,800

Otsuka

Corp

648,662‌

378,606

Panasonic

Corp

3,125,822‌

117,229

Recruit

Holdings

Co

Ltd

4,381,203‌

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

87

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

623,600

Resona

Holdings,

Inc

$

2,423,464‌

6,224

Sekisui

Chemical

Co

Ltd

87,568‌

17,563

e

Sekisui

House

Ltd

311,065‌

74,200

SG

Holdings

Co

Ltd

1,416,072‌

22,400

Shimadzu

Corp

796,968‌

18,468

Shimizu

Corp

104,688‌

42,500

Shin-Etsu

Chemical

Co

Ltd

5,444,005‌

61,300

Shionogi

&

Co

Ltd

3,144,166‌

85,000

Shiseido

Co

Ltd

3,496,323‌

419,800

Softbank

Corp

4,853,833‌

25,600

Sompo

Holdings,

Inc

1,142,559‌

139,615

Sony

Corp

11,843,248‌

75,400

Sumisho

Computer

Systems

Corp

1,327,813‌

470,700

Sumitomo

Chemical

Co

Ltd

1,849,818‌

115,071

Sumitomo

Metal

Mining

Co

Ltd

3,618,270‌

121,800

Sumitomo

Mitsui

Trust

Holdings,

Inc

4,001,038‌

67,100

Suntory

Beverage

&

Food

Ltd

2,647,594‌

32,100

Sysmex

Corp

2,247,380‌

78,900

TDK

Corp

2,484,928‌

51,800

Terumo

Corp

1,768,638‌

21,900

Tokyo

Electron

Ltd

7,537,836‌

38,100

Tokyo

Gas

Co

Ltd

748,319‌

24,200

Tokyu

Corp

296,730‌

150,400

Toray

Industries,

Inc

823,792‌

5,724

Toto

Ltd

194,970‌

1,058,275

*

Toyota

Motor

Corp

17,176,887‌

73,300

Uni-Charm

Corp

2,655,090‌

28,800

West

Japan

Railway

Co

1,057,845‌

5,070

Yamaha

Corp

216,256‌

100,800

Yamaha

Motor

Co

Ltd

1,947,167‌

16,486

e

Yaskawa

Electric

Corp

577,404‌

34,098

Yokogawa

Electric

Corp

604,669‌

1,071,900

Z

Holdings

Corp

3,788,350‌

TOTAL

JAPAN

263,290,950‌

KOREA,

REPUBLIC

OF

-

0

.2

%

49,485

*,g

Delivery

Hero

AG.

2,387,471‌

TOTAL

KOREA,

REPUBLIC

OF

2,387,471‌

NETHERLANDS

-

3

.3

%

520,982

Aegon

NV

2,288,259‌

13,763

Akzo

Nobel

NV

926,257‌

38,755

e

ASML

Holding

NV

22,274,742‌

16,112

DSM

NV

2,580,322‌

105,569

Koninklijke

Ahold

Delhaize

NV

2,907,236‌

236,962

Koninklijke

KPN

NV

781,735‌

81,907

NN

Group

NV

3,843,272‌

15,278

e

Randstad

Holdings

NV

772,196‌

13,734

Wolters

Kluwer

NV

1,491,543‌

TOTAL

NETHERLANDS

37,865,562‌

NEW

ZEALAND

-

0

.5

%

41,348

*

Auckland

International

Airport

Ltd

194,158‌

26,414

Fisher

&

Paykel

Healthcare

Corp

353,225‌

144,347

Mercury

NZ

Ltd

552,115‌

176,761

Meridian

Energy

Ltd

554,719‌

48,013

Telecom

Corp

of

New

Zealand

Ltd

154,389‌

52,549

*

Xero

Ltd

3,461,859‌

TOTAL

NEW

ZEALAND

5,270,465‌

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

88

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

NORWAY

-

1

.4

%

33,006

*

Aker

BP

ASA

$

1,146,838‌

169,430

*

Equinor

ASA

6,523,713‌

118,241

Mowi

ASA

2,728,421‌

640,629

Norsk

Hydro

ASA

4,340,409‌

118,885

Orkla

ASA

1,026,248‌

77,234

Telenor

ASA

937,941‌

TOTAL

NORWAY

16,703,570‌

PORTUGAL

-

0

.3

%

245,645

Energias

de

Portugal

S.A.

1,242,694‌

241,882

Galp

Energia

SGPS

S.A.

2,553,205‌

TOTAL

PORTUGAL

3,795,899‌

SINGAPORE

-

1

.6

%

604,508

Capitaland

Investment

Ltd

1,720,023‌

170,968

CapitaMall

Trust

270,082‌

49,700

City

Developments

Ltd

279,226‌

287,891

DBS

Group

Holdings

Ltd

6,569,197‌

213,440

*

Grab

Holdings

Ltd

629,648‌

135,800

Keppel

Corp

Ltd

678,482‌

306,100

Oversea-Chinese

Banking

Corp

2,594,105‌

357,395

*,e

Singapore

Airlines

Ltd

1,413,908‌

36,200

Singapore

Exchange

Ltd

259,503‌

688,000

Singapore

Technologies

Engineering

Ltd

2,006,042‌

814,525

Singapore

Telecommunications

Ltd

1,540,326‌

40,800

UOL

Group

Ltd

220,437‌

TOTAL

SINGAPORE

18,180,979‌

SPAIN

-

2

.2

%

1,307,248

Banco

Bilbao

Vizcaya

Argentaria

S.A.

5,924,016‌

20,663

*

Iberdrola

S.A.

220,648‌

791,510

Iberdrola

S.A.

8,452,118‌

157,972

Industria

De

Diseno

Textil

S.A.

3,836,659‌

70,183

e

Naturgy

Energy

Group

S.A.

2,058,614‌

18,137

Red

Electrica

Corp

S.A.

356,580‌

372,771

Repsol

YPF

S.A.

4,644,076‌

TOTAL

SPAIN

25,492,711‌

SWEDEN

-

3

.2

%

226,626

Assa

Abloy

AB

5,354,271‌

288,560

*

Atlas

Copco

AB

2,997,471‌

342,813

*

Atlas

Copco

AB

4,007,264‌

127,212

Boliden

AB

4,251,281‌

10,733

Electrolux

AB

154,811‌

130,217

Essity

AB

3,314,684‌

96,857

e

Hennes

&

Mauritz

AB

(B

Shares)

1,239,240‌

14,238

Holmen

AB

585,067‌

39,718

Husqvarna

AB

(B

Shares)

316,542‌

129,308

Sandvik

AB

2,382,652‌

83,068

Skanska

AB

(B

Shares)

1,417,136‌

47,299

SKF

AB

(B

Shares)

796,015‌

125,734

Svenska

Cellulosa

AB

(B

Shares)

1,838,178‌

85,007

Tele2

AB

(B

Shares)

971,089‌

649,263

TeliaSonera

AB

2,398,603‌

262,393

Volvo

AB

(B

Shares)

4,711,010‌

TOTAL

SWEDEN

36,735,314‌

SWITZERLAND

-

5

.6

%

229,046

ABB

Ltd

6,962,907‌

39,488

Adecco

S.A.

1,391,044‌

45,245

Clariant

AG.

847,689‌

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

89

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

SWITZERLAND—continued

3,168

Geberit

AG.

$

1,668,512‌

995

Givaudan

S.A.

3,478,079‌

16,625

Kuehne

&

Nagel

International

AG.

4,477,467‌

11,786

Lonza

Group

AG.

7,162,957‌

907

SGS

S.A.

2,213,504‌

26,012

Sika

AG.

6,427,239‌

13,607

Sonova

Holdings

AG

4,900,993‌

8,769

Swiss

Life

Holding

4,645,257‌

5,159

Swisscom

AG.

2,789,148‌

496,911

UBS

Group

AG

8,119,686‌

8,930

Vifor

Pharma

AG.

1,560,182‌

19,702

Zurich

Insurance

Group

AG

8,600,481‌

TOTAL

SWITZERLAND

65,245,145‌

UNITED

KINGDOM

-

13

.9

%

295,897

3i

Group

plc

4,597,573‌

68,568

Ashtead

Group

plc

3,859,673‌

159,312

Associated

British

Foods

plc

3,254,006‌

149,224

AstraZeneca

plc

19,629,105‌

250,567

Barratt

Developments

plc

1,536,401‌

13,058

Berkeley

Group

Holdings

plc

676,711‌

2,252,341

BP

plc

11,023,542‌

239,677

British

Land

Co

plc

1,441,115‌

1,924,138

BT

Group

plc

3,798,869‌

74,809

Burberry

Group

plc

1,644,568‌

361,316

CNH

Industrial

NV

4,654,710‌

79,182

Coca-Cola

European

Partners

plc

(Class

A)

4,285,330‌

284,158

Compass

Group

plc

6,659,650‌

31,476

Croda

International

plc

2,878,480‌

7,785

DCC

plc

508,277‌

779,379

*

Haleon

plc

2,769,554‌

2,143,467

HSBC

Holdings

plc

13,426,585‌

415,163

*

Informa

plc

3,019,333‌

70,047

InterContinental

Hotels

Group

plc

4,152,042‌

22,639

Intertek

Group

plc

1,209,946‌

640,345

J

Sainsbury

plc

1,727,376‌

57,739

Johnson

Matthey

plc

1,509,556‌

92,142

Kingfisher

plc

291,525‌

70,076

Land

Securities

Group

plc

626,201‌

1,345,974

Legal

&

General

Group

plc

4,298,391‌

60,755

London

Stock

Exchange

Group

plc

5,929,243‌

401,101

National

Grid

plc

5,522,998‌

8,732

Next

plc

726,955‌

85,043

Pearson

plc

787,094‌

35,168

Persimmon

plc

811,193‌

269,926

RELX

plc

7,992,358‌

39,249

Schroders

plc

1,423,628‌

185,409

e

Scottish

&

Southern

Energy

plc

4,004,536‌

320,369

Segro

plc

4,285,890‌

147,275

St.

James's

Place

plc

2,212,228‌

669,319

Standard

Chartered

plc

4,613,408‌

974,688

Standard

Life

Aberdeen

plc

1,976,104‌

693,589

Taylor

Wimpey

plc

1,079,556‌

1,647,178

Tesco

plc

5,282,723‌

4,395,997

Vodafone

Group

plc

6,478,192‌

66,922

Whitbread

plc

2,130,115‌

284,301

WPP

plc

3,068,285‌

TOTAL

UNITED

KINGDOM

161,803,025‌

UNITED

STATES

-

7

.0

%

29,097

Ferguson

plc

3,660,364‌

Portfolio

of

investments

(unaudited)

Social

Choice

International

Equity

Fund

July

31,

2022

90

TIAA-CREF

Funds

concluded

SHARES

COMPANY

VALUE

UNITED

STATES—continued

480,739

GSK

plc

$

10,100,424‌

85,109

James

Hardie

Industries

NV

2,101,912‌

253,044

Nestle

S.A.

31,004,791‌

66,119

Roche

Holding

AG.

21,951,807‌

68,798

Schneider

Electric

S.A.

9,515,027‌

45,140

Swiss

Re

Ltd

3,387,161‌

TOTAL

UNITED

STATES

81,721,486‌

TOTAL

COMMON

STOCKS

1,156,033,305‌

(Cost

$1,177,970,671)

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

3.9%

REPURCHASE

AGREEMENT

-

1

.5

%

$

17,700,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

%

08/01/22

17,700,000‌

TOTAL

REPURCHASE

AGREEMENT

17,700,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

2

.4

%

27,194,109

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

27,194,109‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

27,194,109‌

TOTAL

SHORT-TERM

INVESTMENTS

44,894,109‌

(Cost

$44,894,109)

TOTAL

INVESTMENTS

-

103.2%

1,200,927,414‌

(Cost

$1,222,864,780)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(3.2)%

(

37,076,949‌

)

NET

ASSETS

-

100.0%

$

1,163,850,465‌

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

$31,938,040.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$5,552,654

or

0.5%

of

net

assets.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$17,700,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$18,054,043.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

MSCI

EAFE

Index

24‌

09/16/22

 $

2,294,026‌

$

2,342,520‌

$

48,494‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

91

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.6%

AUTOMOBILES

&

COMPONENTS

-

2

.4

%

73,044

*

Adient

plc

$

2,467,426‌

85,722

*

American

Axle

&

Manufacturing

Holdings,

Inc

763,783‌

227,692

*

Aptiv

plc

23,882,614‌

187,250

BorgWarner,

Inc

7,201,635‌

194,066

*,e

Canoo,

Inc

671,468‌

150,754

*,e

Cenntro

Electric

Group

Ltd

226,131‌

111,367

Dana

Inc

1,866,511‌

20,723

*

Dorman

Products,

Inc

2,094,888‌

119,971

*,e

Fisker,

Inc

1,149,322‌

3,287,779

Ford

Motor

Co

48,297,474‌

32,192

*

Fox

Factory

Holding

Corp

3,047,295‌

1,214,388

*

General

Motors

Co

44,033,709‌

189,791

Gentex

Corp

5,355,902‌

26,007

*

Gentherm,

Inc

1,679,012‌

296,266

*

Goodyear

Tire

&

Rubber

Co

3,638,146‌

108,072

Harley-Davidson,

Inc

4,086,202‌

41,093

*,e

Holley,

Inc

328,333‌

18,753

LCI

Industries,

Inc

2,533,343‌

45,981

Lear

Corp

6,949,568‌

298,149

*,e

Lordstown

Motors

Corp

667,854‌

428,068

*,e

Lucid

Group,

Inc

7,812,241‌

190,972

*,e

Luminar

Technologies,

Inc

1,290,971‌

37,350

*

Modine

Manufacturing

Co

490,032‌

12,250

*

Motorcar

Parts

of

America,

Inc

184,608‌

197,369

*,e

Mullen

Automotive,

Inc

156,454‌

17,563

Patrick

Industries,

Inc

1,066,425‌

204,071

*,e

QuantumScape

Corp

2,208,048‌

144,316

*,e

Rivian

Automotive,

Inc

4,950,039‌

46,512

*,e

Solid

Power,

Inc

294,886‌

16,474

Standard

Motor

Products,

Inc

753,521‌

20,436

*

Stoneridge,

Inc

384,606‌

107,321

*

Tenneco,

Inc

2,025,147‌

707,191

*

Tesla,

Inc

630,425,417‌

42,695

Thor

Industries,

Inc

3,600,469‌

22,062

*

Visteon

Corp

2,814,670‌

24,358

Winnebago

Industries,

Inc

1,470,492‌

183,399

*,e

Workhorse

Group,

Inc

599,715‌

13,289

*,e

XPEL,

Inc

814,483‌

TOTAL

AUTOMOBILES

&

COMPONENTS

822,282,840‌

BANKS

-

4

.0

%

19,264

1st

Source

Corp

928,910‌

15,176

Allegiance

Bancshares,

Inc

668,351‌

15,222

Amalgamated

Financial

Corp

351,324‌

26,709

Amerant

Bancorp

Inc

729,690‌

4,767

American

National

Bankshares,

Inc

172,994‌

50,096

Ameris

Bancorp

2,369,040‌

7,200

Arrow

Financial

Corp

241,560‌

161,860

Associated

Banc-Corp

3,253,386‌

60,073

Atlantic

Union

Bankshares

Corp

2,077,925‌

46,076

*

Axos

Financial,

Inc

1,924,134‌

52,464

Banc

of

California,

Inc

918,645‌

25,552

Bancfirst

Corp

2,744,029‌

8,255

e

Bank

First

Corp

634,975‌

5,853,864

Bank

of

America

Corp

197,919,142‌

35,591

Bank

of

Hawaii

Corp

2,851,195‌

6,797

Bank

of

Marin

Bancorp

222,398‌

41,122

Bank

of

NT

Butterfield

&

Son

Ltd

1,393,625‌

93,778

Bank

OZK

3,760,498‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

92

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

64,540

BankUnited

$

2,507,379‌

27,864

Banner

Corp

1,727,289‌

13,280

Bar

Harbor

Bankshares

384,722‌

16,845

BCB

Bancorp,

Inc

324,435‌

45,048

Berkshire

Hills

Bancorp,

Inc

1,269,002‌

13,256

Blue

Ridge

Bankshares,

Inc

198,045‌

25,187

BOK

Financial

Corp

2,217,212‌

16,126

*

Bridgewater

Bancshares,

Inc

281,882‌

61,942

Brookline

Bancorp,

Inc

856,658‌

20,231

Business

First

Bancshares,

Inc

475,024‌

26,674

Byline

Bancorp,

Inc

653,246‌

147,992

Cadence

BanCorp

3,862,591‌

5,146

Cambridge

Bancorp

428,610‌

11,481

Camden

National

Corp

524,682‌

197

Capital

Bancorp,

Inc

4,923‌

4,674

Capital

City

Bank

Group,

Inc

151,391‌

109,579

Capitol

Federal

Financial

1,050,863‌

21,751

Capstar

Financial

Holdings,

Inc

456,989‌

16,499

*

Carter

Bankshares,

Inc

230,161‌

61,319

Cathay

General

Bancorp

2,557,002‌

17,973

CBTX,

Inc

556,264‌

16,564

Central

Pacific

Financial

Corp

392,236‌

1,640,539

Citigroup,

Inc

85,143,974‌

5,365

Citizens

&

Northern

Corp

131,067‌

393,359

Citizens

Financial

Group,

Inc

14,935,841‌

13,730

City

Holding

Co

1,191,627‌

5,944

Civista

Bancshares,

Inc

128,747‌

8,140

CNB

Financial

Corp

210,012‌

15,203

*

Coastal

Financial

Corp

626,820‌

59,238

Columbia

Banking

System,

Inc

1,787,210‌

28,774

*

Columbia

Financial,

Inc

585,263‌

103,353

Comerica,

Inc

8,037,763‌

81,509

Commerce

Bancshares,

Inc

5,664,060‌

46,320

Community

Bank

System,

Inc

3,118,726‌

14,544

Community

Trust

Bancorp,

Inc

630,192‌

34,091

ConnectOne

Bancorp,

Inc

901,366‌

33,310

*

CrossFirst

Bankshares,

Inc

457,013‌

55,715

Cullen/Frost

Bankers,

Inc

7,265,236‌

22,797

*

Customers

Bancorp,

Inc

870,617‌

108,907

CVB

Financial

Corp

2,904,550‌

29,954

Dime

Community

Bancshares,

Inc

1,020,832‌

27,023

Eagle

Bancorp,

Inc

1,324,938‌

130,495

East

West

Bancorp,

Inc

9,366,931‌

138,123

Eastern

Bankshares,

Inc

2,817,709‌

34,703

Enact

Holdings,

Inc

799,557‌

5,411

Enterprise

Bancorp,

Inc

172,070‌

29,950

Enterprise

Financial

Services

Corp

1,408,548‌

11,532

Equity

Bancshares,

Inc

368,447‌

8,798

Esquire

Financial

Holdings,

Inc

318,664‌

91,723

Essent

Group

Ltd

3,830,352‌

9,707

e

Farmers

&

Merchants

Bancorp,

Inc

297,520‌

12,212

Farmers

National

Banc

Corp

173,410‌

35,572

FB

Financial

Corp

1,524,260‌

8,455

Federal

Agricultural

Mortgage

Corp

(FAMC)

932,502‌

574,825

Fifth

Third

Bancorp

19,613,029‌

191,298

*,e

Finance

Of

America

Cos,

Inc

338,597‌

9,067

Financial

Institutions,

Inc

240,366‌

163,833

First

Bancorp

2,472,240‌

25,537

First

Bancorp

967,342‌

7,861

First

Bancorp,

Inc

237,442‌

15,263

First

Bancshares,

Inc

442,627‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

93

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

607

First

Bank

$

9,141‌

39,833

First

Busey

Corp

981,883‌

9,091

First

Business

Financial

Services,

Inc

304,094‌

10,170

First

Citizens

Bancshares,

Inc

(Class

A)

7,695,436‌

70,866

First

Commonwealth

Financial

Corp

1,050,234‌

14,507

First

Community

Bancshares,

Inc

465,385‌

76,443

First

Financial

Bancorp

1,707,737‌

115,831

First

Financial

Bankshares,

Inc

5,117,414‌

4,468

First

Financial

Corp

208,745‌

29,791

First

Foundation,

Inc

620,249‌

11,724

e

First

Guaranty

Bancshares,

Inc

290,990‌

103,649

First

Hawaiian,

Inc

2,642,013‌

441,522

First

Horizon

National

Corp

9,872,432‌

11,154

First

Internet

Bancorp

395,409‌

74,550

First

Interstate

Bancsystem,

Inc

3,040,149‌

48,621

First

Merchants

Corp

2,019,230‌

12,500

First

Mid-Illinois

Bancshares,

Inc

469,625‌

12,953

First

of

Long

Island

Corp

235,745‌

150,173

First

Republic

Bank

24,434,649‌

10,253

*

First

Western

Financial,

Inc

286,981‌

15,793

Five

Star

Bancorp

416,461‌

42,221

Flagstar

Bancorp,

Inc

1,739,505‌

13,945

Flushing

Financial

Corp

301,073‌

258,963

FNB

Corp

3,097,197‌

129,937

Fulton

Financial

Corp

2,168,649‌

16,035

*,e

FVCBankcorp,

Inc

307,070‌

20,011

German

American

Bancorp,

Inc

757,216‌

104,952

Glacier

Bancorp,

Inc

5,257,046‌

7,373

Great

Southern

Bancorp,

Inc

456,684‌

6,186

Greene

County

Bancorp,

Inc

283,752‌

5,229

Guaranty

Bancshares,

Inc

195,408‌

72,550

Hancock

Whitney

Corp

3,541,166‌

30,069

Hanmi

Financial

Corp

759,844‌

40,940

HarborOne

Northeast

Bancorp,

Inc

593,630‌

7,463

HBT

Financial,

Inc

139,110‌

35,713

Heartland

Financial

USA,

Inc

1,603,514‌

57,544

Heritage

Commerce

Corp

677,868‌

29,249

Heritage

Financial

Corp

761,059‌

48,488

Hilltop

Holdings,

Inc

1,398,879‌

1,749

Hingham

Institution

for

Savings

507,227‌

2,987

Home

Bancorp,

Inc

112,520‌

149,955

Home

Bancshares,

Inc

3,538,938‌

15,661

HomeStreet,

Inc

583,999‌

8,504

HomeTrust

Bancshares,

Inc

205,287‌

102,627

Hope

Bancorp,

Inc

1,543,510‌

39,049

Horizon

Bancorp

744,664‌

1,156,006

Huntington

Bancshares,

Inc

15,363,320‌

16,543

Independent

Bank

Corp

347,072‌

42,450

Independent

Bank

Corp

3,557,310‌

28,509

Independent

Bank

Group,

Inc

2,016,156‌

44,385

International

Bancshares

Corp

1,946,726‌

11,079

e

John

Marshall

Bancorp,

Inc

288,830‌

2,430,183

JPMorgan

Chase

&

Co

280,345,911‌

64,314

Kearny

Financial

Corp

753,117‌

749,627

Keycorp

13,718,174‌

56,398

Lakeland

Bancorp,

Inc

897,856‌

20,428

Lakeland

Financial

Corp

1,589,298‌

23,838

Live

Oak

Bancshares,

Inc

897,262‌

650

Luther

Burbank

Corp

8,574‌

149,665

M&T

Bank

Corp

26,558,054‌

13,130

Macatawa

Bank

Corp

122,109‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

94

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

9,212

Mercantile

Bank

Corp

$

326,473‌

14,385

Merchants

Bancorp

380,627‌

23,658

Meta

Financial

Group,

Inc

797,748‌

29,419

Metrocity

Bankshares,

Inc

609,267‌

7,388

*

Metropolitan

Bank

Holding

Corp

512,579‌

252,629

MGIC

Investment

Corp

3,572,174‌

11,416

Mid

Penn

Bancorp,

Inc

327,411‌

23,372

Midland

States

Bancorp,

Inc

612,346‌

6,127

MidWestOne

Financial

Group,

Inc

191,224‌

58,268

*

Mr

Cooper

Group,

Inc

2,624,973‌

7,598

MVB

Financial

Corp

246,935‌

22,010

National

Bank

Holdings

Corp

916,056‌

35,972

NBT

Bancorp,

Inc

1,458,305‌

421,976

e

New

York

Community

Bancorp,

Inc

4,481,385‌

9,277

*

Nicolet

Bankshares,

Inc

741,974‌

62,520

*

NMI

Holdings,

Inc

1,184,129‌

46,460

Northfield

Bancorp,

Inc

683,891‌

104,851

Northwest

Bancshares,

Inc

1,507,757‌

53,843

OceanFirst

Financial

Corp

1,107,012‌

39,594

OFG

Bancorp

1,087,647‌

299,884

Old

National

Bancorp

5,220,980‌

15,788

Old

Second

Bancorp,

Inc

221,821‌

21,000

Origin

Bancorp,

Inc

904,470‌

3,740

Orrstown

Financial

Services,

Inc

96,941‌

92,085

Pacific

Premier

Bancorp,

Inc

3,097,739‌

89,618

PacWest

Bancorp

2,511,993‌

11,966

Park

National

Corp

1,550,315‌

13,292

Parke

Bancorp,

Inc

291,759‌

10,634

PCSB

Financial

Corp

207,257‌

10,600

Peapack

Gladstone

Financial

Corp

346,196‌

25,625

PennyMac

Financial

Services,

Inc

1,403,994‌

23,909

Peoples

Bancorp,

Inc

739,266‌

8,413

Peoples

Financial

Services

Corp

447,908‌

58,710

Pinnacle

Financial

Partners,

Inc

4,643,961‌

398

*

Pioneer

Bancorp,

Inc

3,865‌

344,275

PNC

Financial

Services

Group,

Inc

57,128,994‌

61,128

Popular,

Inc

4,747,812‌

12,596

Preferred

Bank

915,729‌

29,544

Premier

Financial

Corp

841,413‌

5,879

Primis

Financial

Corp

79,660‌

71,531

Prosperity

Bancshares,

Inc

5,299,732‌

5,101

Provident

Bancorp

Inc

77,229‌

60,861

Provident

Financial

Services,

Inc

1,482,574‌

14,544

QCR

Holdings,

Inc

862,314‌

137,907

Radian

Group,

Inc

3,084,980‌

23,011

RBB

Bancorp

524,881‌

4,675

Red

River

Bancshares

Inc

256,424‌

747,169

Regions

Financial

Corp

15,825,039‌

44,579

Renasant

Corp

1,488,939‌

4,277

Republic

Bancorp,

Inc

(Class

A)

191,781‌

30,260

*

Republic

First

Bancorp,

Inc

109,541‌

102,918

e

Rocket

Cos,

Inc

979,779‌

34,231

S&T

Bancorp,

Inc

1,059,107‌

35,885

Sandy

Spring

Bancorp,

Inc

1,482,051‌

40,441

Seacoast

Banking

Corp

of

Florida

1,446,979‌

43,049

ServisFirst

Bancshares,

Inc

3,678,537‌

15,425

Shore

Bancshares,

Inc

302,330‌

5,427

Sierra

Bancorp

121,836‌

54,637

Signature

Bank

10,138,988‌

27,691

*

Silvergate

Capital

Corp

2,583,293‌

101,705

Simmons

First

National

Corp

(Class

A)

2,415,494‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

95

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

16,613

SmartFinancial,

Inc

$

436,091‌

366

South

Plains

Financial

Inc

9,670‌

60,284

South

State

Corp

5,110,275‌

2,839

*

Southern

First

Bancshares,

Inc

127,045‌

5,867

Southern

Missouri

Bancorp,

Inc

316,466‌

25,174

Southside

Bancshares,

Inc

1,005,450‌

21,811

Stock

Yards

Bancorp,

Inc

1,508,231‌

6,059

Summit

Financial

Group,

Inc

184,860‌

49,149

*

SVB

Financial

Group

19,834,079‌

114,400

Synovus

Financial

Corp

4,619,472‌

40,076

*

Texas

Capital

Bancshares,

Inc

2,349,255‌

41,223

TFS

Financial

Corp

603,917‌

38,659

*

The

Bancorp,

Inc

951,011‌

11,508

Tompkins

Financial

Corp

887,842‌

58,073

Towne

Bank

1,734,641‌

25,146

Trico

Bancshares

1,201,979‌

18,271

*

Triumph

Bancorp,

Inc

1,327,388‌

1,104,090

Truist

Financial

Corp

55,723,422‌

20,180

TrustCo

Bank

Corp

NY

677,241‌

47,111

Trustmark

Corp

1,529,694‌

40,148

UMB

Financial

Corp

3,633,394‌

191,110

Umpqua

Holdings

Corp

3,365,447‌

132,889

United

Bankshares,

Inc

5,148,120‌

80,778

United

Community

Banks,

Inc

2,748,875‌

22,856

Univest

Financial

Corp

570,029‌

1,133,317

US

Bancorp

53,492,562‌

75,868

e

UWM

Holdings

Corp

286,022‌

346,778

Valley

National

Bancorp

4,053,835‌

35,703

Veritex

Holdings,

Inc

1,104,651‌

24,020

Walker

&

Dunlop,

Inc

2,705,613‌

54,015

Washington

Federal,

Inc

1,843,532‌

16,423

Washington

Trust

Bancorp,

Inc

901,294‌

20,122

Waterstone

Financial,

Inc

375,275‌

139,403

Webster

Financial

Corp

6,475,269‌

3,181,738

Wells

Fargo

&

Co

139,582,846‌

53,314

WesBanco,

Inc

1,819,074‌

8,649

West

Bancorporation,

Inc

224,960‌

21,091

Westamerica

Bancorporation

1,265,671‌

99,614

Western

Alliance

Bancorp

7,608,517‌

47,645

Wintrust

Financial

Corp

4,099,376‌

48,660

WSFS

Financial

Corp

2,322,055‌

122,076

Zions

Bancorporation

6,659,246‌

TOTAL

BANKS

1,382,085,986‌

CAPITAL

GOODS

-

5

.9

%

471,433

3M

Co

67,528,063‌

119,824

A.O.

Smith

Corp

7,581,265‌

52,091

Aaon,

Inc

3,134,315‌

24,480

*

AAR

Corp

1,090,094‌

27,479

Acuity

Brands,

Inc

5,012,170‌

49,455

Advanced

Drainage

Systems,

Inc

5,865,363‌

108,026

Aecom

Technology

Corp

7,777,872‌

63,106

Aerojet

Rocketdyne

Holdings,

Inc

2,757,101‌

22,936

*

Aerovironment,

Inc

1,987,175‌

28,197

*

AerSale

Corp

493,729‌

48,114

AGCO

Corp

5,240,577‌

82,995

Air

Lease

Corp

3,079,944‌

7,671

Alamo

Group,

Inc

992,704‌

24,539

Albany

International

Corp

(Class

A)

2,239,675‌

70,689

Allegion

plc

7,471,827‌

6,418

Allied

Motion

Technologies,

Inc

172,901‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

96

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

102,384

Allison

Transmission

Holdings,

Inc

$

4,286,818‌

13,325

*

Alta

Equipment

Group,

Inc

149,773‌

49,939

Altra

Industrial

Motion

Corp

2,083,954‌

23,361

*

Ameresco,

Inc

1,336,716‌

13,260

*

American

Woodmark

Corp

665,917‌

193,970

Ametek,

Inc

23,955,295‌

175,284

*

API

Group

Corp

3,104,280‌

18,861

Apogee

Enterprises,

Inc

784,806‌

31,823

Applied

Industrial

Technologies,

Inc

3,201,076‌

99,588

*,e

Archer

Aviation,

Inc

402,336‌

37,664

Arcosa,

Inc

1,941,956‌

11,927

Argan,

Inc

443,207‌

36,407

Armstrong

World

Industries,

Inc

3,252,965‌

120,554

*

Array

Technologies,

Inc

2,031,335‌

18,121

Astec

Industries,

Inc

890,285‌

185,186

*,e

Astra

Space,

Inc

264,816‌

18,079

*

Astronics

Corp

202,846‌

35,759

*

Atkore

International

Group,

Inc

3,549,796‌

54,334

*

Axon

Enterprise,

Inc

5,987,063‌

86,875

*

AZEK

Co,

Inc

1,796,575‌

18,636

AZZ,

Inc

792,775‌

42,265

*

Babcock

&

Wilcox

Enterprises,

Inc

336,429‌

38,782

Barnes

Group,

Inc

1,311,607‌

47,218

*

Beacon

Roofing

Supply,

Inc

2,834,024‌

170,455

*,e

Berkshire

Grey,

Inc

300,001‌

29,480

*,e

Blink

Charging

Co

624,092‌

142,113

*

Bloom

Energy

Corp

2,874,946‌

11,902

*

Blue

Bird

Corp

132,826‌

11,443

*

BlueLinx

Holdings,

Inc

915,440‌

459,453

*

Boeing

Co

73,195,457‌

34,874

Boise

Cascade

Co

2,465,941‌

20,563

Brookfield

Business

Corp

469,865‌

138,501

*

Builders

FirstSource,

Inc

9,418,068‌

90,784

BWX

Technologies,

Inc

5,145,637‌

9,104

Cadre

Holdings,

Inc

215,310‌

13,838

e

Caesarstone

Sdot-Yam

Ltd

124,265‌

42,478

Carlisle

Cos,

Inc

12,577,736‌

703,747

Carrier

Global

Corp

28,522,866‌

444,021

Caterpillar,

Inc

88,027,163‌

179,557

*,e

ChargePoint

Holdings,

Inc

2,713,106‌

29,395

*,e

Chart

Industries,

Inc

5,734,671‌

21,040

*

CIRCOR

International,

Inc

366,306‌

20,834

Columbus

McKinnon

Corp

689,605‌

29,839

Comfort

Systems

USA,

Inc

3,152,789‌

917

*

Concrete

Pumping

Holdings

Inc

5,988‌

29,596

*

Construction

Partners

Inc

703,793‌

56,775

*

Core

&

Main,

Inc

1,370,549‌

39,328

Crane

Holdings

Co

3,890,719‌

12,276

CSW

Industrials,

Inc

1,466,614‌

117,353

Cummins,

Inc

25,971,392‌

34,560

Curtiss-Wright

Corp

4,957,286‌

57,706

*,e

Custom

Truck

One

Source,

Inc

357,200‌

82,645

*,e

Decarbonization

Plus

Acquisition

Corp

332,233‌

233,085

Deere

&

Co

79,990,110‌

322,322

*,e

Desktop

Metal,

Inc

686,546‌

108,154

Donaldson

Co,

Inc

5,884,659‌

17,667

Douglas

Dynamics,

Inc

562,871‌

120,680

Dover

Corp

16,132,502‌

7,712

*

Ducommun,

Inc

365,086‌

13,025

*

DXP

Enterprises,

Inc

442,850‌

22,700

*

Dycom

Industries,

Inc

2,341,732‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

97

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

331,958

Eaton

Corp

$

49,259,248‌

40,967

EMCOR

Group,

Inc

4,767,330‌

493,737

Emerson

Electric

Co

44,470,892‌

16,665

Encore

Wire

Corp

2,307,603‌

47,978

*

Energy

Recovery,

Inc

1,066,551‌

98,206

*,e

Energy

Vault

Holdings,

Inc

437,017‌

57,294

Enerpac

Tool

Group

Corp

1,163,068‌

34,599

EnerSys

2,280,420‌

87,496

*,e

Enovix

Corp

1,165,447‌

16,945

EnPro

Industries,

Inc

1,584,019‌

35,865

Esab

Corp

1,478,355‌

19,986

ESCO

Technologies,

Inc

1,549,914‌

83,566

*,e

ESS

Tech,

Inc

317,551‌

91,845

*

Evoqua

Water

Technologies

Corp

3,500,213‌

482,646

Fastenal

Co

24,788,699‌

47,719

Federal

Signal

Corp

1,981,293‌

101,738

Flowserve

Corp

3,442,814‌

25,385

*,e

Fluence

Energy,

Inc

348,790‌

152,250

*

Fluor

Corp

3,868,673‌

306,131

Fortive

Corp

19,730,143‌

107,925

Fortune

Brands

Home

&

Security,

Inc

7,520,214‌

38,542

Franklin

Electric

Co,

Inc

3,500,384‌

61,150

*,e

FTC

Solar,

Inc

306,973‌

358,973

*,e

FuelCell

Energy,

Inc

1,288,713‌

72,324

*

Gates

Industrial

Corp

plc

889,585‌

27,685

GATX

Corp

2,775,421‌

50,100

*

Generac

Holdings,

Inc

13,441,830‌

204,812

General

Dynamics

Corp

46,424,736‌

911,172

General

Electric

Co

67,344,723‌

27,344

*

Gibraltar

Industries,

Inc

1,279,426‌

11,337

Global

Industrial

Co

405,298‌

39,078

*

GMS,

Inc

2,073,869‌

19,536

Gorman-Rupp

Co

599,755‌

153,187

Graco,

Inc

10,288,039‌

154,211

GrafTech

International

Ltd

1,187,425‌

40,702

Granite

Construction,

Inc

1,216,990‌

63,016

*

Great

Lakes

Dredge

&

Dock

Corp

814,797‌

25,927

Greenbrier

Cos,

Inc

824,997‌

42,215

Griffon

Corp

1,266,872‌

22,964

H&E

Equipment

Services,

Inc

820,963‌

56,695

*

Hayward

Holdings,

Inc

661,631‌

36,873

HEICO

Corp

5,815,241‌

64,443

HEICO

Corp

(Class

A)

8,228,082‌

24,756

Helios

Technologies,

Inc

1,703,708‌

19,232

Herc

Holdings,

Inc

2,385,153‌

64,289

Hexcel

Corp

3,890,127‌

55,966

Hillenbrand,

Inc

2,585,629‌

106,925

*,e

Hillman

Solutions

Corp

1,106,674‌

567,729

Honeywell

International,

Inc

109,265,123‌

303,383

Howmet

Aerospace,

Inc

11,264,611‌

47,823

Hubbell,

Inc

10,474,193‌

34,578

*

Hudson

Technologies,

Inc

308,090‌

32,215

Huntington

Ingalls

6,985,501‌

39,661

*,e

Hydrofarm

Holdings

Group,

Inc

128,105‌

88,714

*,e

Hyliion

Holdings

Corp

348,646‌

7,398

Hyster-Yale

Materials

Handling,

Inc

255,897‌

63,942

IDEX

Corp

13,347,893‌

9,052

*

IES

Holdings,

Inc

298,716‌

258,163

Illinois

Tool

Works,

Inc

53,635,945‌

39,116

*

Infrastructure

and

Energy

Alternatives,

Inc

552,318‌

327,297

Ingersoll

Rand,

Inc

16,299,391‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

98

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

16,162

Insteel

Industries,

Inc

$

505,871‌

68,836

ITT,

Inc

5,164,765‌

65,108

*

Janus

International

Group,

Inc

662,148‌

69,752

*

JELD-WEN

Holding,

Inc

1,240,191‌

31,877

John

Bean

Technologies

Corp

3,580,106‌

580,595

Johnson

Controls

International

plc

31,299,876‌

9,592

Kadant,

Inc

1,955,329‌

23,713

Kaman

Corp

729,886‌

65,544

Kennametal,

Inc

1,759,856‌

92,618

*

Kratos

Defense

&

Security

Solutions,

Inc

1,332,773‌

159,062

L3Harris

Technologies,

Inc

38,170,108‌

2,093

*

Lawson

Products,

Inc

103,813‌

26,217

Lennox

International,

Inc

6,279,758‌

94,044

*,e

Lightning

eMotors,

Inc

333,856‌

49,125

Lincoln

Electric

Holdings,

Inc

6,948,240‌

8,690

Lindsay

Corp

1,337,912‌

197,062

Lockheed

Martin

Corp

81,546,226‌

31,560

Luxfer

Holdings

plc

515,690‌

26,764

*

Manitowoc

Co,

Inc

305,913‌

189,513

Masco

Corp

10,495,230‌

17,983

*

Masonite

International

Corp

1,636,993‌

47,614

*

Mastec,

Inc

3,758,173‌

58,986

Maxar

Technologies,

Inc

1,620,935‌

22,508

McGrath

RentCorp

1,898,775‌

171,686

MDU

Resources

Group,

Inc

4,905,069‌

57,974

*

Mercury

Systems,

Inc

3,421,046‌

55,725

*

Meritor,

Inc

2,029,505‌

136,621

*,e

Microvast

Holdings,

Inc

362,046‌

44,005

*

Middleby

Corp

6,367,083‌

12,956

Miller

Industries,

Inc

311,333‌

28,046

Moog,

Inc

(Class

A)

2,401,859‌

77,007

*

MRC

Global,

Inc

894,821‌

41,467

MSC

Industrial

Direct

Co

(Class

A)

3,427,662‌

47,311

Mueller

Industries,

Inc

3,185,450‌

127,783

Mueller

Water

Products,

Inc

(Class

A)

1,663,735‌

16,136

*

MYR

Group,

Inc

1,536,631‌

3,880

National

Presto

Industries,

Inc

276,256‌

234,141

*,e

Nikola

Corp

1,456,357‌

47,621

Nordson

Corp

10,999,975‌

122,144

Northrop

Grumman

Corp

58,494,762‌

5,310

*

Northwest

Pipe

Co

166,469‌

82,939

*

NOW,

Inc

917,305‌

11,407

*

NV5

Global

Inc

1,546,789‌

163,242

nVent

Electric

plc

5,764,075‌

2,460

Omega

Flex,

Inc

282,875‌

52,982

Oshkosh

Corp

4,561,750‌

360,938

Otis

Worldwide

Corp

28,214,523‌

80,311

Owens

Corning,

Inc

7,448,042‌

292,736

PACCAR,

Inc

26,791,199‌

17,936

Park

Aerospace

Corp

218,819‌

106,435

Parker-Hannifin

Corp

30,769,294‌

28,133

*

Parsons

Corp

1,216,190‌

138,317

Pentair

plc

6,762,318‌

44,109

*

PGT

Innovations,

Inc

965,987‌

418,231

*,e

Plug

Power,

Inc

8,925,050‌

6,448

Powell

Industries,

Inc

154,494‌

1,196

Preformed

Line

Products

Co

71,521‌

60,342

Primoris

Services

Corp

1,409,589‌

177,926

*,e

Proterra,

Inc

959,021‌

21,351

*

Proto

Labs,

Inc

1,043,850‌

25,421

Quanex

Building

Products

Corp

625,611‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

99

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

114,391

Quanta

Services,

Inc

$

15,869,463‌

1,238,060

Raytheon

Technologies

Corp

115,399,573‌

26,664

*

RBC

Bearings,

Inc

6,292,704‌

52,282

Regal-Beloit

Corp

7,021,473‌

115,983

*

Resideo

Technologies,

Inc

2,610,777‌

36,153

REV

Group,

Inc

420,821‌

170,591

*

Rocket

Lab

USA,

Inc

796,660‌

93,588

Rockwell

Automation,

Inc

23,891,145‌

30,831

Rush

Enterprises,

Inc

(Class

A)

1,485,746‌

4,548

Rush

Enterprises,

Inc

(Class

B)

246,729‌

103,449

*

Sarcos

Technology

and

Robotics

Corp

346,554‌

119,164

Sensata

Technologies

Holding

plc

5,299,223‌

104,667

*

Shoals

Technologies

Group,

Inc

2,473,281‌

25,668

Shyft

Group,

Inc

665,828‌

38,684

Simpson

Manufacturing

Co,

Inc

3,995,284‌

42,241

*

SiteOne

Landscape

Supply,

Inc

5,885,439‌

43,328

Snap-On,

Inc

9,707,638‌

82,554

Spirit

Aerosystems

Holdings,

Inc

(Class

A)

2,709,422‌

34,159

*

SPX

Corp

2,019,822‌

8,739

Standex

International

Corp

848,382‌

121,491

Stanley

Black

&

Decker,

Inc

11,824,719‌

126,000

*,e

Stem,

Inc

1,427,580‌

20,407

*

Sterling

Construction

Co,

Inc

524,664‌

184,580

*

Sunrun,

Inc

6,033,920‌

14,704

Tennant

Co

985,609‌

50,935

Terex

Corp

1,706,832‌

40,242

Textainer

Group

Holdings

Ltd

1,367,021‌

173,636

Textron,

Inc

11,397,467‌

23,343

*

Thermon

Group

Holdings

363,451‌

50,017

Timken

Co

3,270,111‌

53,749

*

Titan

International,

Inc

900,833‌

14,352

*

Titan

Machinery,

Inc

403,722‌

95,954

Toro

Co

8,251,084‌

45,085

*

TPI

Composites,

Inc

742,550‌

193,239

Trane

Technologies

plc

28,404,201‌

5,325

*

Transcat

Inc

331,854‌

44,025

*

TransDigm

Group,

Inc

27,398,519‌

90,020

*

Trex

Co,

Inc

5,808,090‌

69,451

Trinity

Industries,

Inc

1,802,253‌

51,326

Triton

International

Ltd

3,288,970‌

48,910

*

Triumph

Group,

Inc

760,061‌

51,028

*

Tutor

Perini

Corp

463,334‌

62,286

UFP

Industries,

Inc

5,743,392‌

61,434

*

United

Rentals,

Inc

19,822,909‌

140,651

*

Univar

Solutions

Inc

3,803,203‌

19,082

Valmont

Industries,

Inc

5,180,381‌

11,878

*

Vectrus,

Inc

394,825‌

11,760

*

Veritiv

Corp

1,458,475‌

249,794

Vertiv

Holdings

Co

2,852,648‌

16,098

*

Vicor

Corp

1,174,510‌

164,836

*,e

View,

Inc

364,288‌

217,140

*,e

Virgin

Galactic

Holdings,

Inc

1,615,522‌

38,746

W.W.

Grainger,

Inc

21,059,613‌

40,766

Wabash

National

Corp

736,234‌

26,572

Watsco,

Inc

7,279,399‌

21,033

Watts

Water

Technologies,

Inc

(Class

A)

2,905,288‌

34,309

*

WESCO

International,

Inc

4,386,063‌

151,561

Westinghouse

Air

Brake

Technologies

Corp

14,166,407‌

174,669

*

WillScot

Mobile

Mini

Holdings

Corp

6,743,970‌

48,289

Woodward

Inc

5,055,858‌

143,530

Xylem,

Inc

13,209,066‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

100

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

92,718

Zurn

Water

Solutions

Corp

$

2,684,186‌

TOTAL

CAPITAL

GOODS

2,034,289,199‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.2

%

52,190

ABM

Industries,

Inc

2,340,200‌

94,105

ACCO

Brands

Corp

674,733‌

90,162

*

ACV

Auctions,

Inc

666,297‌

272,563

*

Alight,

Inc

2,055,125‌

14,321

Aris

Water

Solution,

Inc

303,176‌

40,816

*

ASGN

Inc

4,235,068‌

10,334

*,e

Atlas

Technical

Consultants,

Inc

72,545‌

5,507

Barrett

Business

Services,

Inc

449,316‌

113,988

Booz

Allen

Hamilton

Holding

Co

10,940,568‌

38,542

Brady

Corp

(Class

A)

1,844,235‌

35,982

*

BrightView

Holdings,

Inc

472,803‌

36,672

Brink's

Co

2,088,104‌

18,835

*

CACI

International,

Inc

(Class

A)

5,693,632‌

43,026

*

Casella

Waste

Systems,

Inc

(Class

A)

3,482,955‌

44,572

*

CBIZ,

Inc

2,033,375‌

14,083

*

Cimpress

plc

565,996‌

74,109

Cintas

Corp

31,532,638‌

400,916

*

Clarivate

Analytics

plc

5,809,273‌

38,125

*

Clean

Harbors,

Inc

3,720,619‌

184,499

*

Copart,

Inc

23,634,322‌

104,364

*

CoreCivic,

Inc

1,124,000‌

331,994

*

CoStar

Group,

Inc

24,099,444‌

4,636

CRA

International,

Inc

459,010‌

32,030

Deluxe

Corp

805,234‌

41,168

*

Driven

Brands

Holdings,

Inc

1,250,684‌

202,898

*

Dun

&

Bradstreet

Holdings,

Inc

3,197,672‌

17,354

Ennis,

Inc

379,185‌

102,714

Equifax,

Inc

21,457,982‌

43,415

Exponent,

Inc

4,362,773‌

47,573

*

First

Advantage

Corp

667,449‌

8,467

*

Forrester

Research,

Inc

393,631‌

9,450

*

Franklin

Covey

Co

494,519‌

27,856

*

FTI

Consulting,

Inc

4,556,127‌

100,798

*

Geo

Group,

Inc

661,235‌

63,399

*

Harsco

Corp

304,949‌

58,399

Healthcare

Services

Group

837,442‌

15,494

Heidrick

&

Struggles

International,

Inc

482,483‌

8,521

*

Heritage-Crystal

Clean,

Inc

285,965‌

57,994

Herman

Miller,

Inc

1,746,199‌

15,884

*

HireRight

Holdings

Corp

236,036‌

37,487

HNI

Corp

1,324,041‌

18,175

*

Huron

Consulting

Group,

Inc

1,219,543‌

104,539

*

IAA,

Inc

3,944,256‌

14,707

ICF

International,

Inc

1,387,605‌

31,153

Insperity,

Inc

3,418,730‌

41,965

Interface,

Inc

608,073‌

104,414

Jacobs

Engineering

Group,

Inc

14,336,042‌

103,138

*

KAR

Auction

Services,

Inc

1,763,660‌

111,182

KBR,

Inc

5,918,218‌

26,308

Kelly

Services,

Inc

(Class

A)

570,357‌

15,300

Kforce,

Inc

1,007,505‌

27,589

Kimball

International,

Inc

(Class

B)

225,954‌

45,990

Korn/Ferry

International

3,012,805‌

85,584

*,e

Legalzoom.com,

Inc

896,920‌

119,247

Leidos

Holdings,

Inc

12,759,429‌

106,100

*,e

Li-Cycle

Holdings

Corp

762,859‌

41,289

Manpower,

Inc

3,237,471‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

101

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMERCIAL

&

PROFESSIONAL

SERVICES—continued

24,545

Mantech

International

Corp

(Class

A)

$

2,351,902‌

24,504

Matthews

International

Corp

(Class

A)

684,887‌

20,072

*

Montrose

Environmental

Group,

Inc

805,289‌

30,579

MSA

Safety,

Inc

3,924,509‌

279,438

Nielsen

NV

6,692,540‌

8,365

NL

Industries,

Inc

78,045‌

136,262

Pitney

Bowes,

Inc

445,577‌

124,185

*,e

Planet

Labs

PBC

661,906‌

86,207

*

Quad

Graphics,

Inc

274,138‌

176,455

Republic

Services,

Inc

24,467,250‌

32,640

Resources

Connection,

Inc

700,454‌

99,094

Robert

Half

International,

Inc

7,842,299‌

194,788

Rollins,

Inc

7,512,973‌

45,185

Science

Applications

International

Corp

4,377,071‌

18,282

*

SP

Plus

Corp

626,341‌

75,038

Steelcase,

Inc

(Class

A)

835,173‌

70,641

*

Stericycle,

Inc

3,310,944‌

12,041

*,e

Sterling

Check

Corp

236,606‌

42,803

Tetra

Tech,

Inc

6,560,416‌

155,328

TransUnion

12,306,637‌

32,233

*

TriNet

Group,

Inc

2,659,223‌

28,337

*

TrueBlue,

Inc

613,213‌

11,580

Unifirst

Corp

2,268,406‌

89,145

*

Upwork,

Inc

1,654,531‌

127,977

Verisk

Analytics,

Inc

24,347,624‌

14,763

*

Viad

Corp

498,547‌

7,784

VSE

Corp

326,539‌

344,038

Waste

Management,

Inc

56,614,893‌

8,181

*

Willdan

Group,

Inc

222,605‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

400,711,005‌

CONSUMER

DURABLES

&

APPAREL

-

1

.2

%

30,455

Acushnet

Holdings

Corp

1,484,072‌

76,176

*,e

Allbirds,

Inc

391,545‌

49,843

*,e

AMMO,

Inc

243,234‌

38,651

*

Beazer

Homes

USA,

Inc

570,102‌

73,338

Brunswick

Corp

5,875,841‌

111,523

*

Callaway

Golf

Co

2,559,453‌

116,854

*

Capri

Holdings

Ltd

5,688,453‌

32,879

Carter's,

Inc

2,678,981‌

7,789

*

Cavco

Industries,

Inc

2,007,926‌

33,104

Century

Communities,

Inc

1,693,932‌

18,432

Clarus

Corp

380,068‌

31,928

Columbia

Sportswear

Co

2,362,991‌

45,741

*

Crocs,

Inc

3,276,885‌

21,271

*

Deckers

Outdoor

Corp

6,662,290‌

260,563

DR

Horton,

Inc

20,331,731‌

29,383

*,e

Dream

Finders

Homes,

Inc

381,979‌

38,248

Ermenegildo

Zegna

Holditalia

S.p.A

420,728‌

18,468

Ethan

Allen

Interiors,

Inc

424,579‌

39,827

*

Fossil

Group,

Inc

240,157‌

133,860

Garmin

Ltd

13,067,413‌

34,007

*

G-III

Apparel

Group

Ltd

751,215‌

98,454

*

GoPro,

Inc

626,167‌

22,959

*

Green

Brick

Partners,

Inc

615,301‌

360,481

Hanesbrands,

Inc

4,030,178‌

116,960

Hasbro,

Inc

9,207,091‌

18,508

*

Helen

of

Troy

Ltd

2,476,185‌

5,577

*

Hovnanian

Enterprises,

Inc

270,540‌

18,104

Installed

Building

Products,

Inc

1,836,108‌

21,578

*

iRobot

Corp

992,804‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

102

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

4,650

Johnson

Outdoors,

Inc

$

312,991‌

92,103

KB

Home

3,006,242‌

54,223

Kontoor

Brands,

Inc

1,979,139‌

43,291

*

Landsea

Homes

Corp

318,622‌

29,783

*

Latham

Group,

Inc

163,509‌

34,974

La-Z-Boy,

Inc

974,725‌

171

*

Legacy

Housing

Corp

2,322‌

103,147

Leggett

&

Platt,

Inc

4,088,747‌

205,013

Lennar

Corp

(Class

A)

17,426,105‌

14,807

Lennar

Corp

(Class

B)

1,005,099‌

17,151

*

LGI

Homes,

Inc

1,934,633‌

4,217

Lifetime

Brands,

Inc

45,375‌

9,027

*

Lovesac

Co

281,281‌

95,150

*

Lululemon

Athletica,

Inc

29,545,026‌

44,239

*

M/I

Homes,

Inc

2,035,436‌

16,019

*

Malibu

Boats,

Inc

1,000,387‌

7,010

Marine

Products

Corp

76,129‌

14,223

*

MasterCraft

Boat

Holdings,

Inc

336,943‌

290,098

*

Mattel,

Inc

6,730,274‌

47,173

MDC

Holdings,

Inc

1,710,021‌

28,148

*

Meritage

Homes

Corp

2,485,468‌

43,705

*

Mohawk

Industries,

Inc

5,615,218‌

11,843

Movado

Group,

Inc

402,425‌

301,601

Newell

Brands

Inc

6,095,356‌

1,020,618

Nike,

Inc

(Class

B)

117,289,421‌

2,456

*

NVR,

Inc

10,789,454‌

12,110

Oxford

Industries,

Inc

1,155,294‌

235,596

*

Peloton

Interactive,

Inc

2,235,806‌

29,917

*,e

PLBY

Group,

Inc

192,067‌

45,367

e

Polaris

Inc

5,320,642‌

190,942

Pulte

Homes,

Inc

8,328,890‌

121,687

*,e

Purple

Innovation,

Inc

424,688‌

55,322

PVH

Corp

3,425,538‌

37,049

Ralph

Lauren

Corp

3,654,143‌

5,184

Rocky

Brands,

Inc

170,450‌

114,981

*

Skechers

U.S.A.,

Inc

(Class

A)

4,364,679‌

47,179

*

Skyline

Champion

Corp

2,986,431‌

40,917

Smith

&

Wesson

Brands,

Inc

595,342‌

10,684

*,e

Snap

One

Holdings

Corp

129,917‌

101,207

*

Sonos,

Inc

2,237,687‌

61,788

Steven

Madden

Ltd

1,958,680‌

13,251

Sturm

Ruger

&

Co,

Inc

876,289‌

12,297

Superior

Uniform

Group,

Inc

227,003‌

240,184

Tapestry,

Inc

8,077,388‌

112,429

*

Taylor

Morrison

Home

Corp

3,226,712‌

138,066

Tempur

Sealy

International,

Inc

3,794,054‌

87,165

Toll

Brothers,

Inc

4,286,775‌

25,656

*

TopBuild

Corp

5,431,888‌

17,016

*,e

Traeger,

Inc

52,239‌

90,288

*

TRI

Pointe

Homes,

Inc

1,672,134‌

37,338

*

Tupperware

Brands

Corp

278,541‌

147,040

*

Under

Armour,

Inc

(Class

A)

1,361,590‌

158,135

*

Under

Armour,

Inc

(Class

C)

1,306,195‌

14,350

*

Unifi,

Inc

195,591‌

11,195

*

Universal

Electronics,

Inc

310,661‌

281,527

VF

Corp

12,578,626‌

147,749

*,e

Vinco

Ventures,

Inc

112,289‌

48,197

*

Vista

Outdoor,

Inc

1,450,730‌

54,490

*,e

Vizio

Holding

Corp

499,128‌

44,357

*,e

Vuzix

Corp

362,397‌

12,871

e

Weber,

Inc

81,988‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

103

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

45,873

Whirlpool

Corp

$

7,930,066‌

62,932

Wolverine

World

Wide,

Inc

1,414,082‌

66,346

*

YETI

Holdings,

Inc

3,368,386‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

403,273,303‌

CONSUMER

SERVICES

-

2

.1

%

53,962

*

2U,

Inc

528,288‌

44,163

*

Accel

Entertainment,

Inc

532,606‌

199,257

ADT,

Inc

1,454,576‌

40,945

*

Adtalem

Global

Education,

Inc

1,641,895‌

316,829

*

Airbnb,

Inc

35,161,682‌

14,657

*

American

Public

Education,

Inc

230,261‌

187,078

ARAMARK

Holdings

Corp

6,248,405‌

55,862

*,e

Bally's

Corp

1,227,288‌

217,392

*,e

Beachbody

Co,

Inc

260,870‌

613

*

Biglari

Holdings,

Inc

(B

Shares)

73,689‌

16,786

*

BJ's

Restaurants,

Inc

393,967‌

65,891

Bloomin'

Brands,

Inc

1,343,518‌

20,352

Bluegreen

Vacations

Holding

Corp

534,851‌

34,072

*

Booking

Holdings,

Inc

65,952,830‌

30,766

*,e

Bowlero

Corp

351,963‌

63,869

Boyd

Gaming

Corp

3,545,368‌

47,078

*

Bright

Horizons

Family

Solutions

4,409,796‌

34,204

*

Brinker

International,

Inc

949,161‌

183,476

*

Caesars

Entertainment,

Inc

8,383,018‌

682,651

*,e

Carnival

Corp

6,184,818‌

14,388

Carriage

Services,

Inc

521,997‌

20,956

*

Century

Casinos,

Inc

176,659‌

32,657

e

Cheesecake

Factory

954,564‌

111,136

*

Chegg,

Inc

2,367,197‌

23,484

*

Chipotle

Mexican

Grill,

Inc

(Class

A)

36,734,143‌

28,165

Choice

Hotels

International,

Inc

3,404,304‌

29,473

Churchill

Downs,

Inc

6,183,435‌

15,044

*

Chuy's

Holdings,

Inc

334,428‌

90,643

*

Coursera,

Inc

1,259,031‌

17,634

e

Cracker

Barrel

Old

Country

Store,

Inc

1,676,464‌

101,256

Darden

Restaurants,

Inc

12,605,359‌

31,883

*

Dave

&

Buster's

Entertainment,

Inc

1,191,149‌

51,535

*

Denny's

Corp

500,405‌

13,988

Dine

Brands

Global

Inc.

997,484‌

30,612

Domino's

Pizza,

Inc

12,003,271‌

322,459

*

DraftKings,

Inc

4,427,362‌

18,865

*

Duolingo,

Inc

1,730,864‌

12,624

*

El

Pollo

Loco

Holdings,

Inc

122,705‌

9,928

European

Wax

Center,

Inc

207,694‌

65,861

*

Everi

Holdings,

Inc

1,265,190‌

121,643

*

Expedia

Group,

Inc

12,900,240‌

32,101

*,e

F45

Training

Holdings,

Inc

63,239‌

7,507

*

First

Watch

Restaurant

Group,

Inc

124,766‌

65,408

*

frontdoor,

Inc

1,750,972‌

69,442

*

Full

House

Resorts,

Inc

431,235‌

20,325

*

Golden

Entertainment,

Inc

891,658‌

2,907

Graham

Holdings

Co

1,728,182‌

25,473

*

Grand

Canyon

Education,

Inc

2,447,191‌

136,267

H&R

Block,

Inc

5,445,229‌

68,714

*

Hilton

Grand

Vacations,

Inc

2,801,470‌

229,173

Hilton

Worldwide

Holdings,

Inc

29,350,186‌

38,154

*

Hyatt

Hotels

Corp

3,157,244‌

31,713

*

Inspired

Entertainment,

Inc

327,912‌

126,096

e

International

Game

Technology

plc

2,389,519‌

17,850

Jack

in

the

Box,

Inc

1,234,149‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

104

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

SERVICES—continued

64,501

e

Krispy

Kreme,

Inc

$

921,074‌

4,617

*

Kura

Sushi

USA,

Inc

389,860‌

260,520

*

Las

Vegas

Sands

Corp

9,818,999‌

156,304

Laureate

Education,

Inc

1,850,639‌

100,776

*,e

Life

Time

Group

Holdings,

Inc

1,461,252‌

52,342

*,e

Lindblad

Expeditions

Holdings,

Inc

413,502‌

235,193

Marriott

International,

Inc

(Class

A)

37,353,352‌

32,099

Marriott

Vacations

Worldwide

Corp

4,394,995‌

614,770

McDonald's

Corp

161,911,975‌

287,171

MGM

Resorts

International

9,399,107‌

58,624

*,e

Mister

Car

Wash,

Inc

680,038‌

9,918

*

Monarch

Casino

&

Resort,

Inc

636,240‌

4,184

*

NEOGAMES

S.A.

63,973‌

87,169

*

Noodles

&

Co

454,151‌

373,089

*,e

Norwegian

Cruise

Line

Holdings

Ltd

4,533,031‌

14,188

*

ONE

Group

Hospitality,

Inc

119,037‌

40,465

*

OneSpaWorld

Holdings

Ltd

291,753‌

25,431

Papa

John's

International,

Inc

2,438,579‌

143,228

*

Penn

National

Gaming,

Inc

4,948,527‌

53,516

*

Perdoceo

Education

Corp

733,169‌

64,736

*

Planet

Fitness,

Inc

5,101,844‌

17,418

*,e

Portillo's,

Inc

397,653‌

41,267

*

PowerSchool

Holdings,

Inc

594,657‌

6,723

RCI

Hospitality

Holdings,

Inc

382,942‌

44,870

Red

Rock

Resorts,

Inc

1,764,737‌

74,121

*,e

Rover

Group,

Inc

323,909‌

173,956

*

Royal

Caribbean

Cruises

Ltd

6,733,837‌

105,659

*

Rush

Street

Interactive,

Inc

585,351‌

33,773

Ruth's

Hospitality

Group

Inc

592,716‌

74,392

*

Scientific

Games

Corp

(Class

A)

3,789,529‌

39,441

*

SeaWorld

Entertainment,

Inc

1,882,519‌

127,983

Service

Corp

International

9,529,614‌

28,420

*

Shake

Shack,

Inc

1,462,493‌

59,980

*

Six

Flags

Entertainment

Corp

1,359,747‌

968,727

Starbucks

Corp

82,128,675‌

38,315

*,e

StoneMor,

Inc

129,888‌

18,420

Strategic

Education,

Inc

1,323,109‌

31,895

*

Stride,

Inc

1,425,069‌

9,777

*

Sweetgreen,

Inc

153,597‌

24,593

*

Target

Hospitality

Corp

338,154‌

92,748

*

Terminix

Global

Holdings,

Inc

4,145,836‌

55,054

Texas

Roadhouse,

Inc

(Class

A)

4,801,810‌

65,334

Travel

&

Leisure

Co

2,816,549‌

57,747

*

Udemy,

Inc

690,077‌

32,385

Vail

Resorts,

Inc

7,679,455‌

96,685

*,e

Vivint

Smart

Home,

Inc

462,154‌

143,392

Wendy's

3,015,534‌

23,002

Wingstop,

Inc

2,902,392‌

85,051

*

WW

International

Inc

564,739‌

70,675

Wyndham

Hotels

&

Resorts,

Inc

4,905,552‌

82,178

*

Wynn

Resorts

Ltd

5,216,659‌

30,216

*

Xponential

Fitness,

Inc

448,405‌

242,872

Yum!

Brands,

Inc

29,761,535‌

TOTAL

CONSUMER

SERVICES

723,339,737‌

DIVERSIFIED

FINANCIALS

-

5

.2

%

8,517

AFC

Gamma,

Inc

139,679‌

31,621

Affiliated

Managers

Group,

Inc

3,996,262‌

405,643

AGNC

Investment

Corp

5,115,158‌

11,648

Alerus

Financial

Corp

287,007‌

259,908

Ally

Financial,

Inc

8,595,158‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

105

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

DIVERSIFIED

FINANCIALS—continued

12,632

A-Mark

Precious

Metals,

Inc

$

382,750‌

502,856

American

Express

Co

77,449,881‌

94,293

Ameriprise

Financial,

Inc

25,451,567‌

1,235,513

Annaly

Capital

Management,

Inc

8,500,329‌

106,416

Apollo

Commercial

Real

Estate

Finance,

Inc

1,359,997‌

398,340

Apollo

Global

Management,

Inc

22,745,214‌

110,220

Arbor

Realty

Trust,

Inc

1,831,856‌

27,305

Ares

Commercial

Real

Estate

Corp

374,079‌

125,671

Ares

Management

Corp

9,004,327‌

60,138

ARMOUR

Residential

REIT,

Inc

473,286‌

57,123

Artisan

Partners

Asset

Management,

Inc

2,271,211‌

17,886

*

Assetmark

Financial

Holdings,

Inc

339,655‌

2,527

Associated

Capital

Group,

Inc

103,354‌

3,923

*

Atlanticus

Holdings

Corp

151,585‌

14,956

e

B.

Riley

Financial,

Inc

770,832‌

26,431

Banco

Latinoamericano

de

Exportaciones

S.A.

(Class

E)

366,069‌

601,653

Bank

of

New

York

Mellon

Corp

26,147,839‌

1,502,598

*

Berkshire

Hathaway,

Inc

(Class

B)

451,680,959‌

250,087

BGC

Partners,

Inc

(Class

A)

912,818‌

125,065

BlackRock,

Inc

83,690,997‌

136,685

Blackstone

Mortgage

Trust,

Inc

4,233,134‌

589,129

Blackstone,

Inc

60,132,397‌

40,435

*

Blucora,

Inc

808,700‌

324,642

e

Blue

Owl

Capital,

Inc

3,704,165‌

34,377

Brightsphere

Investment

Group,

Inc

650,069‌

75,213

BrightSpire

Capital,

Inc

664,883‌

101,143

Broadmark

Realty

Capital,

Inc

767,675‌

67,189

*

Cannae

Holdings,

Inc

1,418,360‌

331,997

Capital

One

Financial

Corp

36,463,231‌

167,120

Carlyle

Group,

Inc

6,502,639‌

86,285

CBOE

Global

Markets,

Inc

10,645,843‌

1,266,119

Charles

Schwab

Corp

87,425,517‌

298,910

Chimera

Investment

Corp

3,129,588‌

73,807

e

Claros

Mortgage

Trust,

Inc

1,414,142‌

300,671

CME

Group,

Inc

59,977,851‌

23,385

Cohen

&

Steers,

Inc

1,723,241‌

124,832

*,e

Coinbase

Global,

Inc

7,859,423‌

48,064

e

Compass

Diversified

Trust

1,159,784‌

21,902

Cowen

Group,

Inc

768,103‌

5,569

*,e

Credit

Acceptance

Corp

3,207,243‌

18,727

Curo

Group

Holdings

Corp

134,085‌

2,708

Diamond

Hill

Investment

Group,

Inc

517,688‌

240,509

Discover

Financial

Services

24,291,409‌

22,077

*

Donnelley

Financial

Solutions,

Inc

750,397‌

20,144

Dynex

Capital,

Inc

338,419‌

40,420

Ellington

Financial

Inc

648,741‌

20,636

*,e

Encore

Capital

Group,

Inc

1,494,666‌

29,509

*

Enova

International,

Inc

1,018,356‌

326,967

Equitable

Holdings,

Inc

9,295,672‌

32,470

Evercore

Inc

3,246,026‌

29,783

*

Ezcorp,

Inc

(Class

A)

239,455‌

31,113

Factset

Research

Systems,

Inc

13,368,634‌

77,672

Federated

Investors,

Inc

(Class

B)

2,649,392‌

30,284

FirstCash

Holdings,

Inc

2,218,606‌

50,027

*

Focus

Financial

Partners,

Inc

2,022,592‌

66,905

Franklin

BSP

Realty

Trust,

Inc

1,026,992‌

226,722

Franklin

Resources,

Inc

6,223,519‌

2,457

GAMCO

Investors,

Inc

(Class

A)

50,958‌

24,464

e

GCM

Grosvenor,

Inc

193,510‌

277,075

Goldman

Sachs

Group,

Inc

92,374,034‌

42,206

Granite

Point

Mortgage

Trust,

Inc

447,806‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

106

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

DIVERSIFIED

FINANCIALS—continued

40,633

*

Green

Dot

Corp

$

1,141,787‌

25,919

Hamilton

Lane,

Inc

1,958,699‌

67,998

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc

2,454,048‌

43,279

Houlihan

Lokey,

Inc

3,659,672‌

74,955

Interactive

Brokers

Group,

Inc

(Class

A)

4,399,109‌

459,599

Intercontinental

Exchange

Group,

Inc

46,874,502‌

301,130

Invesco

Ltd

5,342,046‌

30,169

Invesco

Mortgage

Capital,

Inc

533,991‌

61,106

Jackson

Financial,

Inc

1,681,026‌

110,296

Janus

Henderson

Group

plc

2,842,328‌

169,782

Jefferies

Financial

Group,

Inc

5,529,800‌

479,118

KKR

&

Co,

Inc

26,571,884‌

40,213

KKR

Real

Estate

Finance

Trust,

Inc

783,751‌

92,781

Ladder

Capital

Corp

1,102,238‌

77,741

Lazard

Ltd

(Class

A)

2,928,503‌

94,224

*

LendingClub

Corp

1,305,002‌

9,236

*

LendingTree,

Inc

420,977‌

66,680

LPL

Financial

Holdings,

Inc

13,997,466‌

33,249

MarketAxess

Holdings,

Inc

9,003,164‌

81,548

MFA

Financial,

Inc

1,056,862‌

46,337

Moelis

&

Co

2,158,377‌

134,093

Moody's

Corp

41,602,353‌

1,064,129

Morgan

Stanley

89,706,075‌

24,087

Morningstar,

Inc

6,150,615‌

66,917

MSCI,

Inc

(Class

A)

32,209,829‌

99,376

Nasdaq

Inc

17,977,118‌

92,124

Navient

Corp

1,517,282‌

11,634

Nelnet,

Inc

(Class

A)

1,106,277‌

28,654

*

NerdWallet,

Inc

248,717‌

335,869

New

Residential

Investment

Corp

3,664,331‌

309,429

New

York

Mortgage

Trust,

Inc

971,607‌

176,509

Northern

Trust

Corp

17,612,068‌

87,052

OneMain

Holdings,

Inc

3,238,334‌

78,886

*

Open

Lending

Corp

817,259‌

15,352

*

Oportun

Financial

Corp

140,931‌

8,014

Oppenheimer

Holdings,

Inc

269,190‌

91,464

*,e

OppFi,

Inc

279,880‌

99,409

Orchid

Island

Capital,

Inc

320,097‌

80,688

PennyMac

Mortgage

Investment

Trust

1,239,368‌

13,468

Piper

Jaffray

Cos

1,699,662‌

19,040

PJT

Partners,

Inc

1,360,979‌

35,342

*

PRA

Group,

Inc

1,408,025‌

51,803

*

PROG

Holdings,

Inc

954,211‌

9,606

Pzena

Investment

Management,

Inc

(Class

A)

90,585‌

162,391

Raymond

James

Financial,

Inc

15,990,642‌

49,956

Ready

Capital

Corp

694,888‌

92,635

Redwood

Trust,

Inc

802,219‌

6,059

Regional

Management

Corp

248,419‌

446,968

*

Robinhood

Markets,

Inc

4,045,060‌

282,877

S&P

Global,

Inc

106,624,828‌

16,501

Sculptor

Capital

Management,

Inc

161,875‌

84,199

SEI

Investments

Co

4,661,257‌

223,476

SLM

Corp

3,486,226‌

639,179

*,e

SoFi

Technologies,

Inc

4,033,220‌

224,423

Starwood

Property

Trust,

Inc

5,300,871‌

310,204

State

Street

Corp

22,036,892‌

36,890

StepStone

Group,

Inc

982,750‌

84,293

Stifel

Financial

Corp

5,041,564‌

12,459

*

StoneX

Group,

Inc

1,085,553‌

411,530

Synchrony

Financial

13,778,024‌

189,917

T

Rowe

Price

Group,

Inc

23,449,052‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

107

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

DIVERSIFIED

FINANCIALS—continued

48,537

TPG

RE

Finance

Trust,

Inc

$

526,626‌

89,533

Tradeweb

Markets,

Inc

6,313,867‌

263,765

Two

Harbors

Investment

Corp

1,419,056‌

45,635

*,e

Upstart

Holdings,

Inc

1,110,300‌

13,602

Victory

Capital

Holdings,

Inc

376,367‌

83,473

Virtu

Financial,

Inc

1,947,425‌

5,785

Virtus

Investment

Partners,

Inc

1,193,561‌

84,787

Voya

Financial,

Inc

5,100,786‌

103,714

e

WisdomTree

Investments,

Inc

539,313‌

3,402

*,e

World

Acceptance

Corp

376,857‌

TOTAL

DIVERSIFIED

FINANCIALS

1,779,006,337‌

ENERGY

-

4

.5

%

67,342

*,e

Aemetis,

Inc

494,964‌

54,108

*

Alto

Ingredients,

Inc

232,664‌

13,378

e

Altus

Midstream

Co

544,217‌

259,588

Antero

Midstream

Corp

2,611,455‌

236,663

*

Antero

Resources

Corp

9,381,321‌

284,371

APA

Corp

10,570,070‌

12,551

Arch

Resources,

Inc

1,620,836‌

48,137

*

Archaea

Energy,

Inc

788,484‌

97,276

Archrock,

Inc

821,010‌

38,962

*

Ardmore

Shipping

Corp

317,540‌

745,434

Baker

Hughes

Co

19,150,200‌

77,118

Berry

Petroleum

Co

LLC

658,588‌

59,068

Bonanza

Creek

Energy,

Inc

3,482,649‌

184,250

*,e

Borr

Drilling

Ltd

707,520‌

32,783

Brigham

Minerals,

Inc

870,389‌

23,545

*

Bristow

Group,

Inc

607,461‌

673,931

Cabot

Oil

&

Gas

Corp

20,615,549‌

41,026

Cactus,

Inc

1,706,271‌

63,465

California

Resources

Corp

2,847,040‌

40,879

*

Callon

Petroleum

Co

1,882,069‌

207,692

*

Centennial

Resource

Development,

Inc

1,383,229‌

6,408

*,e

Centrus

Energy

Corp

212,425‌

159,700

ChampionX

Corp

3,336,133‌

210,961

Cheniere

Energy,

Inc

31,555,546‌

114,829

Chesapeake

Energy

Corp

10,813,447‌

1,638,588

Chevron

Corp

268,367,943‌

119,423

*,e

Clean

Energy

Fuels

Corp

773,861‌

160,470

*

CNX

Resources

Corp

2,771,317‌

78,360

*

Comstock

Resources

Inc

1,248,275‌

1,073,143

ConocoPhillips

104,556,323‌

35,040

*

CONSOL

Energy,

Inc

2,148,653‌

29,085

Continental

Resources,

Inc

2,003,666‌

38,578

e

Crescent

Energy,

Inc

563,239‌

25,484

CVR

Energy,

Inc

854,733‌

66,404

Delek

US

Holdings,

Inc

1,770,331‌

40,714

*

Denbury,

Inc

2,927,744‌

556,286

Devon

Energy

Corp

34,962,575‌

108,512

DHT

Holdings,

Inc

712,924‌

81,055

*,e

Diamond

Offshore

Drilling,

Inc

547,121‌

149,976

Diamondback

Energy,

Inc

19,199,928‌

29,682

*

DMC

Global,

Inc

675,562‌

26,271

Dorian

LPG

Ltd

423,489‌

24,796

*

Dril-Quip,

Inc

636,017‌

78,255

DT

Midstream,

Inc

4,306,373‌

34,468

*,e

Earthstone

Energy,

Inc

489,101‌

18,892

*,e

Empire

Petroleum

Corp

207,812‌

125,659

*,e

Energy

Fuels,

Inc

843,172‌

24,776

e

Enviva,

Inc

1,725,153‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

108

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

483,463

EOG

Resources,

Inc

$

53,770,755‌

323,448

EQT

Corp

14,241,415‌

333,011

Equitrans

Midstream

Corp

2,614,136‌

14,874

*

Excelerate

Energy,

Inc

329,310‌

3,522,434

d

Exxon

Mobil

Corp

341,429,528‌

22,386

e

FLEX

LNG

Ltd

713,218‌

61,762

*

Frank's

International

NV

752,261‌

200,694

*

Frontline

Ltd

1,924,656‌

155,431

*,e

Gevo,

Inc

456,967‌

74,372

*

Golar

LNG

Ltd

1,663,702‌

36,721

*

Green

Plains

Inc

1,322,690‌

9,482

*

Gulfport

Energy

Operating

Corp

872,723‌

723,100

Halliburton

Co

21,186,830‌

115,013

*

Helix

Energy

Solutions

Group,

Inc

464,653‌

80,959

Helmerich

&

Payne,

Inc

3,748,402‌

230,959

Hess

Corp

25,975,959‌

136,545

HF

Sinclair

Corp

6,529,582‌

5,102

e

HighPeak

Energy,

Inc

125,407‌

40,015

International

Seaways,

Inc

946,355‌

1,662,474

Kinder

Morgan,

Inc

29,907,907‌

345,986

*

Kosmos

Energy

Ltd

2,193,551‌

14,222

*

Laredo

Petroleum,

Inc

1,261,065‌

114,010

*

Liberty

Oilfield

Services,

Inc

1,618,942‌

132,805

Magnolia

Oil

&

Gas

Corp

3,204,585‌

568,226

Marathon

Oil

Corp

14,092,005‌

444,937

Marathon

Petroleum

Corp

40,782,925‌

87,382

Matador

Resources

Co

5,048,932‌

112,829

Murphy

Oil

Corp

3,964,811‌

13,020

*

Nabors

Industries

Ltd

1,855,220‌

6,771

e

Nacco

Industries,

Inc

(Class

A)

266,100‌

21,846

*

National

Energy

Services

Reunited

Corp

154,014‌

38,823

e

New

Fortress

Energy,

Inc

1,901,162‌

118,239

*

Newpark

Resources,

Inc

416,201‌

55,453

*,e

NextDecade

Corp

392,053‌

131,357

*

NexTier

Oilfield

Solutions,

Inc

1,309,629‌

29,969

*

Noble

Corp

899,070‌

173,863

e

Nordic

American

Tankers

Ltd

417,271‌

46,551

Northern

Oil

and

Gas,

Inc

1,342,065‌

365,081

NOV,

Inc

6,794,157‌

34,605

Oasis

Petroleum,

Inc

4,437,745‌

683,082

Occidental

Petroleum

Corp

44,912,642‌

167,771

*

Oceaneering

International,

Inc

1,781,728‌

51,141

*

Oil

States

International,

Inc

260,819‌

375,106

ONEOK,

Inc

22,408,832‌

208,017

Ovintiv,

Inc

10,627,589‌

30,460

*

Par

Pacific

Holdings,

Inc

502,590‌

171,220

Patterson-UTI

Energy,

Inc

2,833,691‌

91,927

*

PBF

Energy,

Inc

3,065,766‌

75,201

PDC

Energy,

Inc

4,939,954‌

88,756

*

Peabody

Energy

Corp

1,862,988‌

17,240

Penn

Virginia

Corp

656,154‌

387,486

Phillips

66

34,486,254‌

204,637

Pioneer

Natural

Resources

Co

48,488,737‌

67,160

*

ProPetro

Holding

Corp

706,523‌

216,789

*

Range

Resources

Corp

7,169,212‌

4,181

*

Rex

American

Resources

Corp

399,118‌

9,335

e

Riley

Exploration

Permian,

Inc

247,191‌

83,799

*,e

Ring

Energy,

Inc

235,475‌

56,320

*

RPC,

Inc

459,571‌

25,758

*

SandRidge

Energy,

Inc

482,447‌

1,147,845

Schlumberger

Ltd

42,504,700‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

109

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

41,375

Scorpio

Tankers,

Inc

$

1,597,489‌

52,003

*

Select

Energy

Services,

Inc

388,462‌

109,369

SFL

Corp

Ltd

1,090,409‌

9,405

*,e

SilverBow

Resources,

Inc

425,012‌

7,233

Sitio

Royalties

Corp

213,446‌

100,220

SM

Energy

Co

4,137,082‌

22,723

Solaris

Oilfield

Infrastructure,

Inc

251,998‌

919,940

*

Southwestern

Energy

Co

6,494,776‌

52,874

*

Talos

Energy,

Inc

1,001,962‌

182,051

Targa

Resources

Investments,

Inc

12,581,545‌

114,175

*

Teekay

Corp

358,510‌

18,022

*

Teekay

Tankers

Ltd

376,119‌

409,081

*

Tellurian,

Inc

1,521,781‌

92,761

*

Tetra

Technologies,

Inc

406,293‌

4,693

Texas

Pacific

Land

Corp

8,606,258‌

30,687

*

Tidewater,

Inc

676,035‌

232,916

*,e

Uranium

Energy

Corp

978,247‌

138,061

*,e

Ur-Energy,

Inc

164,293‌

65,825

*

US

Silica

Holdings,

Inc

910,360‌

47,451

e

Vaalco

Energy,

Inc

281,384‌

48,936

*

Valaris

Ltd

2,455,609‌

336,895

Valero

Energy

Corp

37,317,859‌

43,503

*,e

Vertex

Energy,

Inc

590,771‌

109,415

*

W&T

Offshore,

Inc

543,793‌

33,140

*

Weatherford

International

Ltd

766,528‌

1,013,225

Williams

Cos,

Inc

34,540,840‌

51,846

World

Fuel

Services

Corp

1,437,171‌

TOTAL

ENERGY

1,530,400,361‌

FOOD

&

STAPLES

RETAILING

-

1

.4

%

127,927

Albertsons

Cos,

Inc

3,434,840‌

24,710

Andersons,

Inc

893,761‌

106,183

*

BJ's

Wholesale

Club

Holdings,

Inc

7,188,589‌

31,224

Casey's

General

Stores,

Inc

6,327,544‌

26,760

*

Chefs'

Warehouse

Holdings,

Inc

926,164‌

368,863

Costco

Wholesale

Corp

199,665,542‌

88,118

*

Grocery

Outlet

Holding

Corp

3,764,401‌

39,894

*,e

HF

Foods

Group

Inc

209,842‌

10,287

Ingles

Markets,

Inc

(Class

A)

981,997‌

546,920

Kroger

Co

25,398,965‌

10,760

Natural

Grocers

by

Vitamin

C

178,401‌

124,381

*

Performance

Food

Group

Co

6,182,979‌

17,934

Pricesmart,

Inc

1,190,459‌

45,057

*,e

Rite

Aid

Corp

370,819‌

29,053

SpartanNash

Co

938,121‌

90,053

*

Sprouts

Farmers

Market,

Inc

2,489,065‌

425,862

SYSCO

Corp

36,155,684‌

43,334

*

United

Natural

Foods,

Inc

1,842,128‌

171,952

*

US

Foods

Holding

Corp

5,416,488‌

4,683

Village

Super

Market

(Class

A)

105,695‌

615,388

Walgreens

Boots

Alliance,

Inc

24,381,673‌

1,199,646

Walmart,

Inc

158,413,254‌

15,315

Weis

Markets,

Inc

1,178,183‌

TOTAL

FOOD

&

STAPLES

RETAILING

487,634,594‌

FOOD,

BEVERAGE

&

TOBACCO

-

3

.2

%

114,071

*,e

22nd

Century

Group,

Inc

191,639‌

1,517,760

Altria

Group,

Inc

66,568,954‌

103,210

*,e

AppHarvest,

Inc

396,326‌

468,385

Archer-Daniels-Midland

Co

38,768,226‌

58,750

B&G

Foods,

Inc

(Class

A)

1,451,713‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

110

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

136,900

*

Benson

Hill,

Inc

$

444,925‌

44,201

*,e

Beyond

Meat,

Inc

1,413,990‌

7,138

*

Boston

Beer

Co,

Inc

(Class

A)

2,715,509‌

39,497

Brown-Forman

Corp

(Class

A)

2,859,583‌

149,688

Brown-Forman

Corp

(Class

B)

11,109,843‌

112,457

*

Bunge

Ltd

10,383,155‌

14,762

Calavo

Growers,

Inc

594,909‌

30,770

Cal-Maine

Foods,

Inc

1,572,655‌

153,607

Campbell

Soup

Co

7,580,505‌

45,386

*

Celsius

Holdings,

Inc

4,037,539‌

3,244,085

Coca-Cola

Co

208,172,934‌

3,983

Coca-Cola

Consolidated

Inc

2,043,279‌

375,947

ConAgra

Brands,

Inc

12,861,147‌

130,705

Constellation

Brands,

Inc

(Class

A)

32,193,949‌

143,689

*

Darling

International,

Inc

9,954,774‌

35,513

*

Duckhorn

Portfolio,

Inc

651,308‌

184,112

Flowers

Foods,

Inc

5,230,622‌

35,907

Fresh

Del

Monte

Produce,

Inc

1,066,797‌

36,691

*

Freshpet,

Inc

1,960,767‌

504,834

General

Mills,

Inc

37,756,535‌

70,395

*

Hain

Celestial

Group,

Inc

1,601,486‌

124,063

Hershey

Co

28,281,401‌

230,825

Hormel

Foods

Corp

11,388,906‌

104,620

*

Hostess

Brands,

Inc

2,366,504‌

58,847

Ingredion,

Inc

5,353,900‌

11,897

J&J

Snack

Foods

Corp

1,612,162‌

82,688

J.M.

Smucker

Co

10,941,276‌

7,570

John

B.

Sanfilippo

&

Son,

Inc

566,993‌

209,681

Kellogg

Co

15,499,620‌

717,440

Keurig

Dr

Pepper,

Inc

27,793,626‌

562,514

Kraft

Heinz

Co

20,717,391‌

119,175

Lamb

Weston

Holdings,

Inc

9,493,481‌

15,350

Lancaster

Colony

Corp

2,032,033‌

25,123

*

Landec

Corp

263,289‌

212,990

McCormick

&

Co,

Inc

18,604,677‌

12,847

e

MGP

Ingredients,

Inc

1,351,247‌

27,917

*

Mission

Produce,

Inc

395,863‌

139,127

Molson

Coors

Brewing

Co

(Class

B)

8,312,838‌

1,152,924

Mondelez

International,

Inc

73,833,253‌

314,859

*

Monster

Beverage

Corp

31,366,254‌

21,824

National

Beverage

Corp

1,182,424‌

1,148,646

PepsiCo,

Inc

200,967,104‌

1,299,768

Philip

Morris

International,

Inc

126,272,461‌

43,159

*

Pilgrim's

Pride

Corp

1,353,898‌

44,550

*

Post

Holdings,

Inc

3,873,177‌

122,967

Primo

Water

Corp

1,625,624‌

241

Seaboard

Corp

978,614‌

4,216

*

Seneca

Foods

Corp

239,975‌

76,518

*

Simply

Good

Foods

Co

2,496,017‌

18,473

*

Sovos

Brands,

Inc

261,578‌

78,204

*

SunOpta,

Inc

689,759‌

35,294

*,e

Tattooed

Chef,

Inc

222,705‌

13,567

Tootsie

Roll

Industries,

Inc

476,473‌

39,282

*

TreeHouse

Foods,

Inc

1,705,624‌

10,723

Turning

Point

Brands,

Inc

257,352‌

246,201

*

Tyson

Foods,

Inc

(Class

A)

21,668,150‌

19,801

Universal

Corp

1,107,074‌

44,376

Utz

Brands,

Inc

746,404‌

159,177

Vector

Group

Ltd

1,773,232‌

28,681

*,e

Vita

Coco

Co,

Inc

345,606‌

18,534

*

Vital

Farms,

Inc

218,701‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

111

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

28,260

*

Whole

Earth

Brands,

Inc

$

152,039‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

1,102,371,774‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.9

%

144,099

*

1Life

Healthcare,

Inc

2,441,037‌

1,428,311

Abbott

Laboratories

155,457,369‌

36,456

*

Abiomed,

Inc

10,681,973‌

72,586

*

Acadia

Healthcare

Co,

Inc

6,018,105‌

87,948

*

Accolade,

Inc

812,640‌

57,601

*

AdaptHealth

Corp

1,273,558‌

11,376

*

Addus

HomeCare

Corp

1,055,807‌

28,381

*

Agiliti,

Inc

621,260‌

150,845

*

agilon

health,

Inc

3,775,650‌

14,195

*,e

AirSculpt

Technologies,

Inc

110,295‌

67,055

*

Align

Technology,

Inc

18,840,443‌

68,336

*

Alignment

Healthcare,

Inc

1,003,172‌

106,021

*

Allscripts

Healthcare

Solutions,

Inc

1,677,252‌

52,892

*

Alphatec

Holdings

Inc

398,806‌

24,952

*

Amedisys,

Inc

2,990,497‌

213,233

*

American

Well

Corp

831,609‌

126,694

AmerisourceBergen

Corp

18,488,455‌

35,917

*

AMN

Healthcare

Services,

Inc

4,038,507‌

27,895

*

Angiodynamics,

Inc

632,938‌

32,313

*,e

Apollo

Medical

Holdings,

Inc

1,713,558‌

166,667

*

ATI

Physical

Therapy,

Inc

175,000‌

33,960

*

AtriCure,

Inc

1,677,964‌

1,124

Atrion

Corp

759,712‌

37,191

*

Avanos

Medical,

Inc

1,055,109‌

164,083

*

Aveanna

Healthcare

Holdings,

Inc

347,856‌

28,753

*

AxoGen,

Inc

267,978‌

35,209

*

Axonics

Modulation

Technologies,

Inc

2,284,008‌

415,934

Baxter

International,

Inc

24,398,688‌

236,758

Becton

Dickinson

&

Co

57,842,347‌

18,374

*

BioLife

Solutions

Inc

354,067‌

20,138

*,e

Bioventus,

Inc

170,972‌

1,189,988

*

Boston

Scientific

Corp

48,849,007‌

146,444

*

Brookdale

Senior

Living,

Inc

705,860‌

139,920

*,e

Butterfly

Network,

Inc

607,253‌

161,189

*

Cano

Health,

Inc

981,641‌

228,351

Cardinal

Health,

Inc

13,600,586‌

31,027

*

Cardiovascular

Systems,

Inc

478,126‌

58,028

*,e

CareMax,

Inc

414,900‌

16,061

*

Castle

Biosciences,

Inc

449,066‌

485,248

*

Centene

Corp

45,113,507‌

104,711

*

Certara,

Inc

2,407,306‌

128,984

*

Cerus

Corp

696,514‌

206,237

*

Change

Healthcare,

Inc

5,005,372‌

12,022

Chemed

Corp

5,783,664‌

261,170

Cigna

Corp

71,915,771‌

305,440

*,e

Clover

Health

Investments

Corp

855,232‌

93,838

*

Community

Health

Systems,

Inc

279,637‌

20,990

*

Computer

Programs

&

Systems,

Inc

708,622‌

23,321

Conmed

Corp

2,276,829‌

42,387

Cooper

Cos,

Inc

13,860,549‌

7,699

*

Corvel

Corp

1,269,488‌

78,314

*

Covetrus,

Inc

1,626,582‌

27,007

*

Cross

Country

Healthcare,

Inc

711,905‌

29,096

*

CryoLife,

Inc

570,282‌

30,605

*

CryoPort,

Inc

1,138,506‌

86,186

*,e

Cue

Health,

Inc

291,309‌

13,300

*

Cutera,

Inc

617,386‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

112

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

1,091,041

CVS

Health

Corp

$

104,390,803‌

46,803

*

DaVita,

Inc

3,938,940‌

20,022

*,e

Definitive

Healthcare

Corp

520,172‌

172,495

Dentsply

Sirona,

Inc

6,237,419‌

327,244

*

Dexcom,

Inc

26,860,188‌

64,461

*

DocGo,

Inc

498,284‌

77,274

*,e

Doximity,

Inc

3,270,236‌

512,569

*

Edwards

Lifesciences

Corp

51,533,687‌

200,463

Elevance

Health,

Inc

95,640,897‌

45,205

*

Embecta

Corp

1,330,383‌

75,836

Encompass

Health

Corp

3,838,818‌

37,918

*

Enhabit,

Inc

663,944‌

35,865

*

Enovis

Corp

2,141,858‌

46,696

Ensign

Group,

Inc

3,721,204‌

141,536

*

Envista

Holdings

Corp

5,753,438‌

69,796

*

Evolent

Health,

Inc

2,372,366‌

102,503

*

Figs,

Inc

1,083,457‌

16,372

*

Fulgent

Genetics,

Inc

978,227‌

44,797

*

Glaukos

Corp

2,412,318‌

66,139

*

Globus

Medical,

Inc

3,881,698‌

78,396

*

Guardant

Health,

Inc

3,933,127‌

43,166

*

Haemonetics

Corp

2,999,605‌

26,333

*

Hanger

Inc

489,004‌

187,046

HCA

Healthcare,

Inc

39,732,311‌

39,874

*

Health

Catalyst,

Inc

667,491‌

66,461

*

HealthEquity,

Inc

3,866,036‌

20,673

*

HealthStream,

Inc

497,392‌

113,190

*

Henry

Schein,

Inc

8,922,768‌

7,123

*

Heska

Corp

651,683‌

98,260

*,e

Hims

&

Hers

Health,

Inc

608,229‌

200,196

*

Hologic,

Inc

14,289,990‌

104,731

Humana,

Inc

50,480,342‌

21,788

*

ICU

Medical,

Inc

3,860,180‌

69,710

*

IDEXX

Laboratories,

Inc

27,826,838‌

37,800

*

Inari

Medical,

Inc

2,932,524‌

21,438

*,e

Innovage

Holding

Corp

95,399‌

14,364

*

Inogen,

Inc

399,606‌

23,270

*

Inspire

Medical

Systems,

Inc

4,863,197‌

59,491

*

Insulet

Corp

14,741,870‌

30,115

*

Integer

Holding

Corp

2,104,737‌

60,847

*

Integra

LifeSciences

Holdings

Corp

3,349,019‌

300,361

*

Intuitive

Surgical,

Inc

69,134,091‌

201,880

*,e

Invitae

Corp

383,572‌

4,627

iRadimed

Corp

195,491‌

25,639

*

iRhythm

Technologies,

Inc

3,964,559‌

10,450

*

Joint

Corp

178,695‌

78,401

Laboratory

Corp

of

America

Holdings

20,555,958‌

62,350

*

Lantheus

Holdings,

Inc

4,783,492‌

16,588

LeMaitre

Vascular,

Inc

835,206‌

23,267

*

LHC

Group,

Inc

3,793,917‌

56,680

*,e

LifeStance

Health

Group,

Inc

337,813‌

50,174

*

LivaNova

plc

3,194,579‌

41,265

*

Masimo

Corp

5,966,094‌

121,298

McKesson

Corp

41,432,971‌

63,632

*

MEDNAX,

Inc

1,441,901‌

1,112,573

Medtronic

plc

102,935,254‌

41,458

*

Meridian

Bioscience,

Inc

1,312,560‌

61,943

*

Merit

Medical

Systems,

Inc

3,560,484‌

3,666

Mesa

Laboratories,

Inc

781,774‌

9,626

*

ModivCare,

Inc

960,675‌

49,925

*

Molina

Healthcare,

Inc

16,361,421‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

113

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

324,704

*,e

Multiplan

Corp

$

1,643,002‌

33,763

*,e

Nano-X

Imaging

Ltd

406,507‌

9,997

National

Healthcare

Corp

710,087‌

13,643

National

Research

Corp

517,070‌

87,993

*,e

Neogen

Corp

2,035,278‌

26,411

*

Nevro

Corp

1,144,917‌

43,227

*

NextGen

Healthcare,

Inc

740,046‌

83,194

*

Novocure

Ltd

5,656,360‌

69,768

*,e

Nutex

Health,

Inc

184,188‌

40,332

*

NuVasive,

Inc

2,118,237‌

101,192

*

Oak

Street

Health,

Inc

2,929,508‌

37,732

*,e

Omnicell,

Inc

4,155,048‌

309,914

*,e

Opko

Health,

Inc

731,397‌

12,737

*

OptimizeRx

Corp

286,200‌

122,648

*

Option

Care

Health,

Inc

4,120,973‌

55,936

*

OraSure

Technologies,

Inc

171,164‌

14,962

*

Orthofix

Medical

Inc

383,775‌

10,643

*,e

OrthoPediatrics

Corp

502,882‌

34,512

*

Outset

Medical,

Inc

533,210‌

56,019

Owens

&

Minor,

Inc

1,983,633‌

36,794

*,e

Paragon

28,

Inc

699,086‌

100,624

Patterson

Cos,

Inc

3,125,381‌

32,233

*

Pennant

Group,

Inc

429,988‌

30,652

*

Penumbra,

Inc

4,272,276‌

18,578

*

PetIQ,

Inc

304,679‌

36,146

*

Phreesia,

Inc

849,070‌

97,656

Premier,

Inc

3,755,850‌

32,316

*

Privia

Health

Group,

Inc

1,188,582‌

20,424

*

PROCEPT

BioRobotics

Corp

782,239‌

59,713

*

Progyny,

Inc

1,823,038‌

111,084

*

Project

Roadrunner

Parent,

Inc

2,777,100‌

19,107

*,e

Pulmonx

Corp

325,583‌

101,408

Quest

Diagnostics,

Inc

13,849,291‌

43,308

*

QuidelOrtho

Corp

4,419,148‌

32,981

*

RadNet,

Inc

678,419‌

118,817

Resmed,

Inc

28,577,865‌

25,084

*

RxSight,

Inc

375,257‌

34,225

*

Schrodinger,

Inc

1,071,242‌

24,695

*

SeaSpine

Holdings

Corp

146,688‌

87,546

Select

Medical

Holdings

Corp

2,593,113‌

189,874

*,e

Sema4

Holdings

Corp

307,596‌

313,654

*,e

Senseonics

Holdings,

Inc

404,614‌

152,285

*,e

Sharecare,

Inc

217,768‌

28,929

*

Shockwave

Medical

Inc

6,101,994‌

24,420

*

SI-BONE,

Inc

328,205‌

42,115

*,e

Sight

Sciences,

Inc

390,827‌

48,485

*,e

Signify

Health,

Inc

829,578‌

26,274

*

Silk

Road

Medical

Inc

1,195,730‌

17,839

Simulations

Plus,

Inc

1,144,372‌

49,661

*

Staar

Surgical

Co

4,007,643‌

69,613

STERIS

plc

15,708,173‌

296,340

Stryker

Corp

63,639,015‌

26,047

*

Surgery

Partners,

Inc

1,025,731‌

12,498

*

SurModics,

Inc

434,930‌

16,594

*

Tactile

Systems

Technology,

Inc

128,603‌

48,134

*

Tandem

Diabetes

Care,

Inc

3,186,952‌

128,799

*

Teladoc,

Inc

4,746,243‌

37,794

Teleflex,

Inc

9,087,945‌

82,151

*

Tenet

Healthcare

Corp

5,431,824‌

29,723

*

Transmedics

Group,

Inc

1,200,215‌

22,626

*

Treace

Medical

Concepts,

Inc

382,832‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

114

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

7,338

*

UFP

Technologies,

Inc

$

590,856‌

779,012

UnitedHealth

Group,

Inc

422,489,368‌

52,043

Universal

Health

Services,

Inc

(Class

B)

5,853,276‌

10,603

US

Physical

Therapy,

Inc

1,376,057‌

1,543

Utah

Medical

Products,

Inc

140,938‌

28,457

*

Varex

Imaging

Corp

634,307‌

116,714

*

Veeva

Systems,

Inc

26,094,916‌

137,710

*,e

VG

Acquisition

Corp

382,834‌

81,082

*,e

Vicarious

Surgical,

Inc

316,220‌

100,633

*

ViewRay,

Inc

306,931‌

168,440

Zimmer

Biomet

Holdings,

Inc

18,594,092‌

16,254

*

Zimvie,

Inc

315,653‌

18,838

e

Zynex

Inc

161,630‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

2,034,056,969‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.4

%

74,923

*

Beauty

Health

Co

997,974‌

86,194

*

BellRing

Brands,

Inc

2,080,723‌

8,650

*

Central

Garden

&

Pet

Co

374,891‌

31,768

*

Central

Garden

and

Pet

Co

(Class

A)

1,296,134‌

201,086

Church

&

Dwight

Co,

Inc

17,689,535‌

104,412

Clorox

Co

14,809,798‌

683,798

Colgate-Palmolive

Co

53,842,255‌

285,172

*

Coty,

Inc

2,087,459‌

43,109

Edgewell

Personal

Care

Co

1,714,876‌

33,082

*

elf

Beauty,

Inc

1,109,239‌

49,150

Energizer

Holdings,

Inc

1,451,400‌

194,283

Estee

Lauder

Cos

(Class

A)

53,058,687‌

82,434

*

Herbalife

Nutrition

Ltd

2,012,214‌

63,134

*

Honest

Co,

Inc

210,868‌

13,924

Inter

Parfums,

Inc

1,162,236‌

287,316

Kimberly-Clark

Corp

37,865,376‌

8,832

Medifast,

Inc

1,485,454‌

9,715

Nature's

Sunshine

Products,

Inc

101,522‌

37,408

Nu

Skin

Enterprises,

Inc

(Class

A)

1,627,622‌

99,559

*,e

Olaplex

Holdings,

Inc

1,712,415‌

1,987,182

Procter

&

Gamble

Co

276,039,452‌

43,781

Reynolds

Consumer

Products,

Inc

1,272,276‌

33,625

Spectrum

Brands

Holdings,

Inc

2,338,283‌

9,753

*

USANA

Health

Sciences,

Inc

679,004‌

48,983

*,e

Veru,

Inc

592,694‌

10,749

WD-40

Co

1,906,550‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

479,518,937‌

INSURANCE

-

2

.2

%

539,442

Aflac,

Inc

30,910,027‌

10,699

*

Alleghany

Corp

8,960,198‌

229,252

Allstate

Corp

26,815,606‌

31,404

*

AMBAC

Financial

Group,

Inc

369,625‌

64,805

American

Equity

Investment

Life

Holding

Co

2,434,076‌

50,117

American

Financial

Group,

Inc

6,699,641‌

657,084

American

International

Group,

Inc

34,017,239‌

15,389

Amerisafe,

Inc

701,123‌

174,795

Aon

plc

50,872,337‌

293,088

*

Arch

Capital

Group

Ltd

13,013,107‌

23,843

Argo

Group

International

Holdings

Ltd

781,812‌

170,074

Arthur

J.

Gallagher

&

Co

30,441,545‌

44,830

Assurant,

Inc

7,880,217‌

55,148

Assured

Guaranty

Ltd

3,220,092‌

59,084

Axis

Capital

Holdings

Ltd

2,983,151‌

154,575

*,e

Bright

Health

Group,

Inc

259,686‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

115

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

63,823

*

Brighthouse

Financial,

Inc

$

2,771,195‌

206,046

Brown

&

Brown,

Inc

13,413,595‌

34,486

*

BRP

Group,

Inc

950,779‌

351,963

Chubb

Ltd

66,394,300‌

133,904

Cincinnati

Financial

Corp

13,034,215‌

25,334

CNA

Financial

Corp

1,074,668‌

99,432

Conseco,

Inc

1,864,350‌

563

Crawford

&

Co

4,082‌

3,646

Donegal

Group,

Inc

(Class

A)

51,627‌

20,297

*

eHealth,

Inc

150,198‌

21,677

Employers

Holdings,

Inc

860,794‌

9,688

*

Enstar

Group

Ltd

1,917,449‌

20,562

Erie

Indemnity

Co

(Class

A)

4,181,488‌

31,337

Everest

Re

Group

Ltd

8,189,925‌

238,034

Fidelity

National

Financial

Inc

9,511,839‌

82,599

First

American

Financial

Corp

4,790,742‌

381,667

*

Genworth

Financial,

Inc

(Class

A)

1,622,085‌

73,123

Globe

Life,

Inc

7,365,680‌

13,362

e

Goosehead

Insurance,

Inc

751,078‌

25,827

*

Greenlight

Capital

Re

Ltd

(Class

A)

185,696‌

30,713

Hanover

Insurance

Group,

Inc

4,191,403‌

279,964

Hartford

Financial

Services

Group,

Inc

18,049,279‌

4,272

e

HCI

Group,

Inc

292,504‌

32,771

Horace

Mann

Educators

Corp

1,122,407‌

763

Investors

Title

Co

113,687‌

37,916

James

River

Group

Holdings

Ltd

900,884‌

48,650

Kemper

Corp

2,276,820‌

19,389

Kinsale

Capital

Group,

Inc

4,715,599‌

46,002

*,e

Lemonade,

Inc

867,138‌

142,058

Lincoln

National

Corp

7,293,258‌

179,513

Loews

Corp

10,456,632‌

11,470

*

Markel

Corp

14,878,196‌

413,287

Marsh

&

McLennan

Cos,

Inc

67,762,537‌

55,135

*

MBIA,

Inc

693,598‌

22,360

Mercury

General

Corp

937,555‌

584,499

Metlife,

Inc

36,969,562‌

1,863

National

Western

Life

Group,

Inc

376,326‌

5,736

*

NI

Holdings,

Inc

85,122‌

215,204

Old

Republic

International

Corp

5,007,797‌

94,573

*,e

Oscar

Health,

Inc

510,694‌

20,068

*

Palomar

Holdings,

Inc

1,251,641‌

30,196

Primerica,

Inc

3,885,923‌

208,860

Principal

Financial

Group

13,981,088‌

43,676

ProAssurance

Corp

966,550‌

490,650

Progressive

Corp

56,454,189‌

310,892

Prudential

Financial,

Inc

31,086,091‌

52,118

Reinsurance

Group

of

America,

Inc

(Class

A)

6,034,222‌

36,472

RenaissanceRe

Holdings

Ltd

4,716,194‌

32,620

RLI

Corp

3,587,548‌

232,559

*

Root,

Inc

244,187‌

66,501

*

Ryan

Specialty

Group

Holdings,

Inc

2,875,503‌

12,944

Safety

Insurance

Group,

Inc

1,120,303‌

47,969

Selective

Insurance

Group,

Inc

3,734,866‌

213,619

*

Selectquote,

Inc

393,059‌

89,608

*

SiriusPoint

Ltd

392,483‌

20,193

Stewart

Information

Services

Corp

1,103,547‌

14,139

Tiptree

Inc

157,084‌

201,638

Travelers

Cos,

Inc

31,999,951‌

29,700

*

Trupanion,

Inc

1,871,991‌

12,876

United

Fire

Group

Inc

422,719‌

22,601

Universal

Insurance

Holdings,

Inc

285,903‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

116

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

157,217

Unum

Group

$

5,060,815‌

179,446

W.R.

Berkley

Corp

11,220,758‌

2,249

White

Mountains

Insurance

Group

Ltd

2,787,478‌

91,721

Willis

Towers

Watson

plc

18,980,744‌

TOTAL

INSURANCE

741,561,102‌

MATERIALS

-

2

.8

%

26,589

*,e

5E

Advanced

Materials,

Inc

432,869‌

21,255

AdvanSix,

Inc

835,109‌

185,072

Air

Products

&

Chemicals,

Inc

45,940,423‌

96,984

Albemarle

Corp

23,694,161‌

148,084

Alcoa

Corp

7,535,995‌

97,921

*

Allegheny

Technologies,

Inc

2,437,254‌

10,130

Alpha

Metallurgical

Resources,

Inc

1,385,379‌

1,303,438

Amcor

plc

16,879,522‌

22,290

American

Vanguard

Corp

521,809‌

52,485

Aptargroup,

Inc

5,655,784‌

84,956

*

Arconic

Corp

2,566,521‌

15,086

†

Ardagh

Group

S.A.

254,953‌

130,309

e

Ardagh

Metal

Packaging

S.A.

880,889‌

43,921

Ashland

Global

Holdings,

Inc

4,412,743‌

16,317

*

Aspen

Aerogels,

Inc

213,426‌

66,170

Avery

Dennison

Corp

12,602,738‌

73,245

Avient

Corp

3,160,522‌

178,749

*

Axalta

Coating

Systems

Ltd

4,508,050‌

33,280

Balchem

Corp

4,518,093‌

252,083

Ball

Corp

18,507,934‌

104,859

*

Berry

Global

Group,

Inc

6,045,121‌

59,791

Cabot

Corp

4,440,080‌

36,723

Carpenter

Technology

Corp

1,180,277‌

88,342

Celanese

Corp

(Series

A)

10,381,068‌

46,078

*

Century

Aluminum

Co

363,555‌

178,398

CF

Industries

Holdings,

Inc

17,035,225‌

7,750

Chase

Corp

704,630‌

126,652

Chemours

Co

4,507,545‌

12,952

*

Clearwater

Paper

Corp

462,386‌

417,570

*

Cleveland-Cliffs,

Inc

7,395,165‌

191,386

*

Coeur

Mining,

Inc

614,349‌

120,192

Commercial

Metals

Co

4,762,007‌

27,716

Compass

Minerals

International,

Inc

1,031,867‌

92,492

*

Constellium

SE

1,353,158‌

609,696

Corteva,

Inc

35,088,005‌

96,943

Crown

Holdings,

Inc

9,857,164‌

77,919

*,e

Danimer

Scientific,

Inc

359,986‌

58,188

*

Diversey

Holdings

Ltd

435,828‌

596,186

Dow,

Inc

31,723,057‌

426,991

DuPont

de

Nemours,

Inc

26,144,659‌

31,619

Eagle

Materials,

Inc

3,998,223‌

104,315

Eastman

Chemical

Co

10,006,938‌

209,036

Ecolab,

Inc

34,526,476‌

187,571

Element

Solutions,

Inc

3,706,403‌

105,572

FMC

Corp

11,729,049‌

1,211,236

Freeport-McMoRan,

Inc

(Class

B)

38,214,496‌

24,364

FutureFuel

Corp

175,177‌

37,653

*

GCP

Applied

Technologies,

Inc

1,186,070‌

663,377

*,e

Ginkgo

Bioworks

Holdings,

Inc

1,897,258‌

38,095

Glatfelter

Corp

233,903‌

246,554

Graphic

Packaging

Holding

Co

5,485,827‌

20,864

Greif,

Inc

(Class

A)

1,473,416‌

5,806

Greif,

Inc

(Class

B)

405,375‌

48,402

H.B.

Fuller

Co

3,107,408‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

117

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

14,948

Hawkins,

Inc

$

594,183‌

7,327

Haynes

International,

Inc

283,262‌

400,042

Hecla

Mining

Co

1,812,190‌

163,765

Huntsman

Corp

4,742,634‌

218,979

*,e

Hycroft

Mining

Holding

Corp

225,548‌

30,978

*

Ingevity

Corp

2,078,624‌

20,562

Innospec,

Inc

2,097,324‌

213,219

International

Flavors

&

Fragrances,

Inc

26,449,817‌

309,423

International

Paper

Co

13,234,022‌

7,382

*

Intrepid

Potash,

Inc

336,619‌

12,024

Kaiser

Aluminum

Corp

911,059‌

14,958

Koppers

Holdings,

Inc

352,111‌

30,158

Kronos

Worldwide,

Inc

529,876‌

418,888

Linde

plc

126,504,176‌

144,842

*,e

Livent

Corp

3,605,117‌

70,826

Louisiana-Pacific

Corp

4,506,658‌

25,581

*

LSB

Industries,

Inc

353,274‌

208,014

LyondellBasell

Industries

NV

18,538,208‌

50,234

Martin

Marietta

Materials,

Inc

17,686,387‌

18,259

Materion

Corp

1,496,142‌

25,661

Minerals

Technologies,

Inc

1,714,411‌

310,759

Mosaic

Co

16,364,569‌

72,880

*,e

MP

Materials

Corp

2,446,582‌

26,770

Myers

Industries,

Inc

651,314‌

5,513

NewMarket

Corp

1,713,440‌

671,570

Newmont

Goldcorp

Corp

30,408,690‌

181,575

*

Novagold

Resources

Inc

886,086‌

214,065

Nucor

Corp

29,070,027‌

127,895

*

O-I

Glass,

Inc

1,881,335‌

115,657

Olin

Corp

6,045,391‌

13,039

Olympic

Steel,

Inc

387,650‌

86,797

*,e

Origin

Materials,

Inc

510,366‌

43,249

Orion

Engineered

Carbons

SA

747,775‌

81,274

Packaging

Corp

of

America

11,427,937‌

30,719

Pactiv

Evergreen,

Inc

313,948‌

97,982

*,e

Perimeter

Solutions

S.A.

1,131,692‌

13,878

*

Piedmont

Lithium,

Inc

627,424‌

192,239

PPG

Industries,

Inc

24,854,580‌

38,871

PQ

Group

Holdings,

Inc

397,650‌

95,468

*,e

PureCycle

Technologies,

Inc

723,647‌

10,380

Quaker

Chemical

Corp

1,683,740‌

19,231

Ramaco

Resources,

Inc

225,772‌

27,104

*

Ranpak

Holdings

Corp

138,501‌

46,721

*

Rayonier

Advanced

Materials,

Inc

165,392‌

54,882

Reliance

Steel

&

Aluminum

Co

10,441,301‌

8,278

*

Resolute

Forest

Products

167,878‌

57,077

Royal

Gold,

Inc

5,979,957‌

109,080

RPM

International,

Inc

9,860,832‌

19,733

Ryerson

Holding

Corp

540,684‌

19,787

Schnitzer

Steel

Industries,

Inc

(Class

A)

703,626‌

45,399

Schweitzer-Mauduit

International,

Inc

991,968‌

31,523

Scotts

Miracle-Gro

Co

(Class

A)

2,803,971‌

119,781

Sealed

Air

Corp

7,321,015‌

34,596

Sensient

Technologies

Corp

2,974,564‌

200,713

Sherwin-Williams

Co

48,560,503‌

68,053

Silgan

Holdings,

Inc

3,028,359‌

90,286

Sonoco

Products

Co

5,732,258‌

68,798

Southern

Copper

Corp

3,426,140‌

170,870

SSR

Mining,

Inc

2,812,520‌

145,943

Steel

Dynamics,

Inc

11,366,041‌

17,131

Stepan

Co

1,922,270‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

118

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

90,890

*

Summit

Materials,

Inc

$

2,500,384‌

64,626

SunCoke

Energy,

Inc

478,232‌

28,471

Sylvamo

Corp

1,117,202‌

34,451

*

TimkenSteel

Corp

699,011‌

20,458

Tredegar

Corp

214,400‌

33,781

Trimas

Corp

999,918‌

29,350

Trinseo

plc

1,049,850‌

86,613

Tronox

Holdings

plc

1,352,029‌

834

United

States

Lime

&

Minerals,

Inc

85,794‌

215,308

United

States

Steel

Corp

5,092,034‌

6,816

Valhi,

Inc

348,298‌

156,869

Valvoline,

Inc

5,054,319‌

110,960

Vulcan

Materials

Co

18,345,017‌

56,275

Warrior

Met

Coal,

Inc

1,796,861‌

25,371

Westlake

Chemical

Corp

2,469,613‌

204,567

WestRock

Co

8,665,458‌

25,911

*

Worthington

Industries,

Inc

1,326,902‌

TOTAL

MATERIALS

968,059,684‌

MEDIA

&

ENTERTAINMENT

-

6

.6

%

645,232

Activision

Blizzard,

Inc

51,586,298‌

83,734

*

Advantage

Solutions,

Inc

371,779‌

5,015,909

*

Alphabet,

Inc

(Class

A)

583,450,535‌

4,580,868

*

Alphabet,

Inc

(Class

C)

534,312,444‌

162,466

*

Altice

USA,

Inc

1,707,518‌

451,534

*,e

AMC

Entertainment

Holdings,

Inc

6,574,335‌

24,488

*

AMC

Networks,

Inc

747,374‌

25,952

*

Arena

Group

Holdings,

Inc

270,160‌

13,100

*

Boston

Omaha

Corp

319,640‌

68,892

*,e

Bumble,

Inc

2,612,385‌

4,801

Cable

One,

Inc

6,609,441‌

24,134

*

Cardlytics,

Inc

333,049‌

75,371

*

Cargurus,

Inc

1,830,762‌

52,392

*

Cars.com,

Inc

616,130‌

96,524

*

Charter

Communications,

Inc

41,708,020‌

85,356

*

Cinemark

Holdings,

Inc

1,564,575‌

516,306

*

Clear

Channel

800,274‌

3,727,703

Comcast

Corp

(Class

A)

139,863,417‌

36,992

*

Cumulus

Media

Inc

293,716‌

470

*

Daily

Journal

Corp

127,041‌

191,138

*

DISH

Network

Corp

(Class

A)

3,320,067‌

237,338

Electronic

Arts,

Inc

31,145,866‌

159,055

*

Entercom

Communications

Corp

101,318‌

41,363

Entravision

Communications

Corp

(Class

A)

221,706‌

56,607

*

Eventbrite

Inc

529,842‌

14,689

*

EverQuote

Inc

153,500‌

41,829

EW

Scripps

Co

(Class

A)

596,482‌

252,942

Fox

Corp

(Class

A)

8,374,910‌

120,187

Fox

Corp

(Class

B)

3,713,778‌

224,696

*,e

fuboTV,

Inc

563,987‌

103,352

*

Gannett

Co,

Inc

311,090‌

72,446

Gray

Television,

Inc

1,345,322‌

59,501

*

IAC

4,075,818‌

84,522

*

iHeartMedia,

Inc

632,225‌

38,923

*

Imax

Corp

654,296‌

25,945

*

Integral

Ad

Science

Holding

Corp

245,699‌

322,522

Interpublic

Group

of

Cos,

Inc

9,633,732‌

32,721

John

Wiley

&

Sons,

Inc

(Class

A)

1,708,691‌

6,341

*,e

Liberty

Braves

Group

(Class

A)

183,001‌

32,042

*

Liberty

Braves

Group

(Class

C)

886,602‌

19,423

Liberty

Broadband

Corp

(Class

A)

2,096,324‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

119

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MEDIA

&

ENTERTAINMENT—continued

103,945

*

Liberty

Broadband

Corp

(Class

C)

$

11,322,729‌

18,720

*

Liberty

Media

Group

(Class

A)

1,160,453‌

161,786

*

Liberty

Media

Group

(Class

C)

10,964,237‌

60,840

Liberty

SiriusXM

Group

(Class

A)

2,424,474‌

123,155

*

Liberty

SiriusXM

Group

(Class

C)

4,904,032‌

46,102

*

Lions

Gate

Entertainment

Corp

(Class

A)

403,854‌

73,725

*

Lions

Gate

Entertainment

Corp

(Class

B)

612,655‌

124,175

*

Live

Nation,

Inc

11,671,208‌

14,125

*

Madison

Square

Garden

Co

2,172,142‌

20,032

*

Madison

Square

Garden

Entertainment

Corp

1,166,463‌

96,667

*

Magnite,

Inc

738,536‌

25,461

*,e

Marcus

Corp

418,324‌

242,691

*

Match

Group,

Inc

17,791,677‌

15,622

*

MediaAlpha,

Inc

192,463‌

1,912,687

*

Meta

Platforms,

Inc

304,308,502‌

366,428

*

Netflix,

Inc

82,409,657‌

160,818

New

York

Times

Co

(Class

A)

5,138,135‌

303,887

News

Corp

(Class

A)

5,208,623‌

98,394

News

Corp

(Class

B)

1,700,248‌

30,528

Nexstar

Media

Group

Inc

5,750,559‌

163,848

Omnicom

Group,

Inc

11,443,144‌

6,103

e

Paramount

Global

(Class

A)

165,025‌

501,136

Paramount

Global

(Class

B)

11,851,866‌

474,528

*

Pinterest,

Inc

9,243,805‌

63,301

*

Playstudios,

Inc

254,470‌

77,751

*

Playtika

Holding

Corp

954,005‌

33,339

*,e

PubMatic,

Inc

553,094‌

42,462

*

QuinStreet,

Inc

456,466‌

378,203

*

ROBLOX

Corp

16,236,255‌

96,357

*

Roku,

Inc

6,313,311‌

23,182

Scholastic

Corp

1,091,177‌

38,405

Sinclair

Broadcast

Group,

Inc

(Class

A)

838,765‌

651,935

e

Sirius

XM

Holdings,

Inc

4,354,926‌

453,727

*,e

Skillz,

Inc

716,889‌

122,402

*

Spotify

Technology

S.A.

13,833,874‌

47,656

*

Stagwell,

Inc

315,006‌

131,347

*

Take-Two

Interactive

Software,

Inc

17,433,687‌

19,799

*

TechTarget,

Inc

1,290,697‌

173,823

TEGNA,

Inc

3,639,854‌

20,321

*

Thryv

Holdings,

Inc

494,613‌

75,518

*

TripAdvisor,

Inc

1,435,597‌

88,583

*

TrueCar,

Inc

227,658‌

639,190

*

Twitter,

Inc

26,596,696‌

109,885

*

Vimeo,

Inc

610,961‌

1,527,531

*

Walt

Disney

Co

162,071,039‌

1,967,697

*

Warner

Bros

Discovery,

Inc

29,515,455‌

40,981

*

WideOpenWest,

Inc

753,231‌

35,350

e

World

Wrestling

Entertainment,

Inc

(Class

A)

2,450,109‌

58,093

*

Yelp,

Inc

1,781,131‌

37,703

*

Ziff

Davis

Inc

3,087,499‌

63,777

*

ZipRecruiter,

Inc

1,118,011‌

221,191

*

ZoomInfo

Technologies,

Inc

8,380,927‌

TOTAL

MEDIA

&

ENTERTAINMENT

2,256,161,363‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.2

%

86,165

*

10X

Genomics,

Inc

3,459,525‌

16,553

*

2seventy

bio,

Inc

238,198‌

66,812

*,e

4D

Molecular

Therapeutics,

Inc

628,033‌

1,472,443

AbbVie,

Inc

211,310,295‌

165,439

*,e

AbCellera

Biologics,

Inc

1,661,008‌

61,628

*

Absci

Corp

202,756‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

120

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

91,291

*

Acadia

Pharmaceuticals,

Inc

$

1,341,065‌

45,788

*,e

Aclaris

Therapeutics,

Inc

705,593‌

110,987

*,e

Adagio

Therapeutics,

Inc

390,674‌

122,580

*

Adaptive

Biotechnologies

Corp

1,122,833‌

15,761

*

Adicet

Bio,

Inc

266,203‌

148,995

*

ADMA

Biologics,

Inc

318,849‌

33,134

*

Aerie

Pharmaceuticals,

Inc

232,269‌

24,470

*,e

Aerovate

Therapeutics,

Inc

544,457‌

87,570

*

Affimed

NV

247,823‌

147,964

*

Agenus,

Inc

381,747‌

253,761

Agilent

Technologies,

Inc

34,029,350‌

43,567

*

Agios

Pharmaceuticals,

Inc

939,740‌

19,401

*

Akero

Therapeutics,

Inc

198,666‌

7,525

*,e

Akoya

Biosciences,

Inc

105,952‌

13,691

*

Albireo

Pharma,

Inc

284,636‌

43,454

*

Alector,

Inc

444,100‌

134,539

*

Alkermes

plc

3,444,198‌

51,492

*,e

Allogene

Therapeutics,

Inc

668,366‌

96,478

*,e

Allovir,

Inc

442,834‌

99,026

*

Alnylam

Pharmaceuticals,

Inc

14,065,653‌

57,930

*,e

ALX

Oncology

Holdings,

Inc

560,762‌

444,874

Amgen,

Inc

110,092,969‌

279,869

*

Amicus

Therapeutics,

Inc

2,787,495‌

90,760

*

Amneal

Pharmaceuticals,

Inc

321,290‌

29,714

*

Amphastar

Pharmaceuticals,

Inc

1,111,006‌

9,186

*

Amylyx

Pharmaceuticals,

Inc

247,930‌

15,851

*

AnaptysBio,

Inc

331,920‌

46,837

*,e

Anavex

Life

Sciences

Corp

480,548‌

17,279

*

ANI

Pharmaceuticals,

Inc

591,806‌

11,269

*

Anika

Therapeutics,

Inc

263,244‌

72,811

*

Apellis

Pharmaceuticals,

Inc

4,097,803‌

65,091

*,e

Arbutus

Biopharma

Corp

150,360‌

34,556

*,e

Arcturus

Therapeutics

Holdings,

Inc

606,458‌

34,341

*

Arcus

Biosciences,

Inc

913,127‌

31,261

*

Arcutis

Biotherapeutics,

Inc

758,392‌

78,352

*

Arrowhead

Pharmaceuticals

Inc

3,332,311‌

35,794

*

Arvinas,

Inc

1,901,019‌

62,354

*

Atara

Biotherapeutics,

Inc

188,933‌

48,745

*

Atea

Pharmaceuticals,

Inc

399,709‌

25,454

*,e

Athira

Pharma,

Inc

88,580‌

22,728

*,e

Aura

Biosciences,

Inc

324,101‌

107,175

*,e

Aurinia

Pharmaceuticals,

Inc

876,691‌

521,895

*

Avantor,

Inc

15,145,393‌

46,688

*,e

Avid

Bioservices,

Inc

917,419‌

22,820

*

Avidity

Biosciences,

Inc

371,738‌

21,552

*,e

Axsome

Therapeutics,

Inc

831,692‌

50,764

*,e

Beam

Therapeutics,

Inc

3,197,117‌

89,988

*

Berkeley

Lights,

Inc

404,046‌

136,958

*

BioCryst

Pharmaceuticals,

Inc

1,509,277‌

121,991

*

Biogen,

Inc

26,235,384‌

49,276

*

Biohaven

Pharmaceutical

Holding

Co

Ltd

7,195,282‌

159,531

*

BioMarin

Pharmaceutical,

Inc

13,727,643‌

259,489

*,e

Bionano

Genomics,

Inc

482,650‌

16,807

*

Bio-Rad

Laboratories,

Inc

(Class

A)

9,466,711‌

33,597

Bio-Techne

Corp

12,944,252‌

37,775

*,e

Bioxcel

Therapeutics

Inc

583,246‌

121,003

*

Bluebird

Bio,

Inc

490,062‌

44,489

*

Blueprint

Medicines

Corp

2,271,608‌

116,026

*,e

Bridgebio

Pharma,

Inc

1,004,785‌

1,772,168

Bristol-Myers

Squibb

Co

130,750,555‌

58,078

Brooks

Automation,

Inc

3,964,404‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

121

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

87,617

Bruker

BioSciences

Corp

$

6,006,145‌

25,944

*

C4

Therapeutics,

Inc

250,100‌

32,865

*

Cara

Therapeutics,

Inc

287,240‌

37,486

*

CareDx,

Inc

891,792‌

38,668

*

Caribou

Biosciences,

Inc

313,984‌

32,926

*,e

Cassava

Sciences,

Inc

537,682‌

146,261

*

Catalent,

Inc

16,542,119‌

76,486

*

Catalyst

Pharmaceuticals,

Inc

783,217‌

34,148

*

Celldex

Therapeutics,

Inc

1,049,027‌

79,366

*

Celularity,

Inc

238,892‌

33,150

*

Century

Therapeutics,

Inc

350,395‌

44,803

*,e

Cerevel

Therapeutics

Holdings,

Inc

1,177,871‌

39,460

*

Charles

River

Laboratories

International,

Inc

9,886,308‌

44,912

*

ChemoCentryx,

Inc

1,060,821‌

55,373

*

Chimerix,

Inc

121,267‌

26,874

*

Chinook

Therapeutics,

Inc

497,438‌

16,873

*

CinCor

Pharma,

Inc

381,667‌

45,404

*

Codexis,

Inc

311,471‌

28,132

*

Cogent

Biosciences,

Inc

311,984‌

45,593

*

Coherus

Biosciences,

Inc

386,173‌

28,144

*

Collegium

Pharmaceutical,

Inc

483,795‌

75,382

*

Corcept

Therapeutics,

Inc

2,160,448‌

35,186

*

Crinetics

Pharmaceuticals,

Inc

675,923‌

74,159

*,e

CTI

BioPharma

Corp

485,000‌

19,518

*,e

Cullinan

Oncology,

Inc

263,688‌

96,552

*

Cytek

Biosciences,

Inc

1,235,866‌

71,559

*

Cytokinetics,

Inc

3,029,092‌

539,397

Danaher

Corp

157,218,044‌

7,921

*,e

Day

One

Biopharmaceuticals,

Inc

135,687‌

29,585

*

Deciphera

Pharmaceuticals,

Inc

375,434‌

100,833

*

Denali

Therapeutics,

Inc

3,430,339‌

20,792

*

Design

Therapeutics,

Inc

407,939‌

10,980

*

DICE

Therapeutics,

Inc

189,295‌

107,115

*,e

Dynavax

Technologies

Corp

1,540,314‌

74,820

*,e

Dyne

Therapeutics,

Inc

784,862‌

11,214

*

Eagle

Pharmaceuticals,

Inc

445,196‌

24,594

*,e

Edgewise

Therapeutics,

Inc

237,824‌

78,583

*,e

Editas

Medicine,

Inc

1,250,256‌

19,133

*

Eiger

BioPharmaceuticals,

Inc

166,266‌

346,616

*

Elanco

Animal

Health,

Inc

7,022,440‌

702,291

Eli

Lilly

&

Co

231,538,320‌

37,040

*

Emergent

Biosolutions,

Inc

1,283,066‌

17,038

*

Enanta

Pharmaceuticals,

Inc

939,646‌

93,458

*,e

Enochian

Biosciences

Inc

214,953‌

108,958

*

EQRx,

Inc

593,821‌

61,360

*,e

Erasca,

Inc

462,654‌

64,431

*,e

Esperion

Thereapeutics,

Inc

371,767‌

22,516

*

Evolus,

Inc

277,622‌

136,970

*

Exact

Sciences

Corp

6,177,347‌

269,882

*

Exelixis,

Inc

5,645,931‌

15,681

*,e

EyePoint

Pharmaceuticals,

Inc

143,168‌

61,787

*,e

Fate

Therapeutics,

Inc

1,886,357‌

65,218

*

FibroGen,

Inc

820,442‌

14,735

*

Foghorn

Therapeutics,

Inc

215,573‌

60,294

*

Forma

Therapeutics

Holdings,

Inc

499,234‌

41,192

*

Fulcrum

Therapeutics,

Inc

242,209‌

78,489

*

Generation

Bio

Co

500,760‌

274,233

*,e

Geron

Corp

521,043‌

1,043,871

Gilead

Sciences,

Inc

62,371,292‌

47,677

*

Global

Blood

Therapeutics,

Inc

1,559,991‌

43,062

*,e

Gossamer

Bio,

Inc

483,586‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

122

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

129,329

*

Halozyme

Therapeutics,

Inc

$

6,324,188‌

23,390

*

Harmony

Biosciences

Holdings,

Inc

1,186,575‌

69,386

*,e

Heron

Therapeutics,

Inc

192,893‌

192,195

*

Horizon

Therapeutics

Plc

15,946,419‌

10,184

*,e

Icosavax,

Inc

71,288‌

22,147

*

Ideaya

Biosciences,

Inc

330,433‌

22,092

*,e

IGM

Biosciences,

Inc

355,902‌

131,603

*

Illumina,

Inc

28,515,738‌

26,816

*,e

Imago

Biosciences,

Inc

431,738‌

90,801

*,e

ImmunityBio,

Inc

353,216‌

145,304

*

Immunogen,

Inc

688,741‌

30,492

*,e

Immunovant,

Inc

125,627‌

153,387

*

Incyte

Corp

11,915,102‌

51,686

*,e

Inhibrx,

Inc

896,235‌

51,012

*

Innoviva,

Inc

731,512‌

22,673

*,e

Inotiv,

Inc

423,532‌

330,548

*,e

Inovio

Pharmaceuticals,

Inc

654,485‌

88,860

*

Insmed,

Inc

1,965,583‌

48,473

*,e

Instil

Bio,

Inc

273,388‌

63,411

*

Intellia

Therapeutics,

Inc

4,106,496‌

21,877

*,e

Intercept

Pharmaceuticals,

Inc

279,151‌

73,351

*

Intra-Cellular

Therapies,

Inc

3,969,756‌

132,022

*

Ionis

Pharmaceuticals,

Inc

4,958,746‌

111,258

*

Iovance

Biotherapeutics,

Inc

1,296,156‌

158,154

*

IQVIA

Holdings,

Inc

37,999,662‌

119,898

*

Ironwood

Pharmaceuticals,

Inc

1,372,832‌

15,278

*

iTeos

Therapeutics,

Inc

373,700‌

94,544

*

IVERIC

bio,

Inc

1,010,675‌

25,000

*,e

Janux

Therapeutics,

Inc

310,500‌

49,076

*

Jazz

Pharmaceuticals

plc

7,658,801‌

2,190,180

Johnson

&

Johnson

382,230,214‌

27,101

*

Jounce

Therapeutics,

Inc

83,200‌

17,147

*

KalVista

Pharmaceuticals

Inc

211,765‌

21,110

*

Karuna

Therapeutics,

Inc

2,749,577‌

57,823

*

Karyopharm

Therapeutics,

Inc

245,748‌

11,863

*

Keros

Therapeutics,

Inc

380,565‌

36,515

*

Kezar

Life

Sciences,

Inc

356,752‌

21,846

*

Kiniksa

Pharmaceuticals

Ltd

216,494‌

41,137

*,e

Kinnate

Biopharma,

Inc

440,166‌

27,348

*

Kodiak

Sciences,

Inc

272,113‌

113,786

*

Kronos

Bio,

Inc

477,901‌

13,379

*,e

Krystal

Biotech

Inc

971,048‌

47,680

*

Kura

Oncology,

Inc

729,981‌

25,415

*

Kymera

Therapeutics,

Inc

559,892‌

56,936

*

Lexicon

Pharmaceuticals,

Inc

135,508‌

11,370

*

Ligand

Pharmaceuticals,

Inc

(Class

B)

1,046,381‌

63,830

*,e

Liquidia

Corp

313,086‌

126,735

*,e

Lyell

Immunopharma,

Inc

705,914‌

82,299

*

MacroGenics,

Inc

257,596‌

8,601

*

Madrigal

Pharmaceuticals,

Inc

540,315‌

186,883

*,e

MannKind

Corp

644,746‌

87,401

*

Maravai

LifeSciences

Holdings,

Inc

2,280,292‌

71,270

*,e

MaxCyte,

Inc

388,421‌

22,342

*

Medpace

Holdings,

Inc

3,787,639‌

22,599

*

MeiraGTx

Holdings

plc

187,120‌

2,107,467

Merck

&

Co,

Inc

188,281,102‌

124,404

*

Mersana

Therapeutics,

Inc

630,728‌

18,450

*

Mettler-Toledo

International,

Inc

24,902,518‌

83,879

*,e

MiMedx

Group,

Inc

286,866‌

32,538

*

Mirati

Therapeutics,

Inc

2,095,447‌

5,376

*,e

Mirum

Pharmaceuticals,

Inc

134,938‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

123

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

286,770

*

Moderna,

Inc

$

47,056,089‌

32,298

*,e

Monte

Rosa

Therapeutics,

Inc

292,943‌

15,639

*

Morphic

Holding,

Inc

413,964‌

65,991

*

Myriad

Genetics,

Inc

1,740,843‌

34,387

*

NanoString

Technologies,

Inc

440,154‌

64,906

*

Natera,

Inc

3,050,582‌

100,000

*,e

Nautilus

Biotechnology,

Inc

291,000‌

135,344

*

Nektar

Therapeutics

535,962‌

199,429

*

NeoGenomics,

Inc

2,018,221‌

76,313

*

Neurocrine

Biosciences,

Inc

7,183,343‌

22,655

*

NGM

Biopharmaceuticals

Inc

328,044‌

35,412

*

Nkarta,

Inc

478,416‌

62,783

*,e

Novavax,

Inc

3,422,301‌

23,712

*,e

Nurix

Therapeutics,

Inc

378,444‌

165,406

*,e

Nuvation

Bio,

Inc

456,521‌

266,779

*,e

Ocugen,

Inc

688,290‌

56,023

*

Ocular

Therapeutix,

Inc

250,983‌

67,101

*

Organogenesis

Holdings

Inc

385,160‌

202,440

Organon

&

Co

6,421,397‌

321,694

*,e

Outlook

Therapeutics,

Inc

363,514‌

215,209

*,e

Pacific

Biosciences

of

California,

Inc

940,463‌

33,811

*

Pacira

BioSciences

Inc

1,912,350‌

61,856

*,e

Pardes

Biosciences,

Inc

174,434‌

103,917

*

PerkinElmer,

Inc

15,916,967‌

103,541

Perrigo

Co

plc

4,335,262‌

4,711,076

Pfizer,

Inc

237,956,449‌

54,910

*,e

Phathom

Pharmaceuticals,

Inc

505,721‌

15,634

Phibro

Animal

Health

Corp

305,957‌

19,770

*,e

PMV

Pharmaceuticals,

Inc

295,561‌

59,198

*,e

Point

Biopharma

Global,

Inc

434,513‌

76,092

*

Praxis

Precision

Medicines,

Inc

268,605‌

303,574

*,e

Precigen,

Inc

476,611‌

40,272

*

Prestige

Consumer

Healthcare,

Inc.

2,428,804‌

72,597

*,†

Progenics

Pharmaceuticals,

Inc

0‌

25,152

*

Prometheus

Biosciences,

Inc

1,073,236‌

39,449

*

Protagonist

Therapeutics,

Inc

392,518‌

26,368

*

Prothena

Corp

plc

818,990‌

42,697

*,e

Provention

Bio,

Inc

163,103‌

52,242

*

PTC

Therapeutics,

Inc

2,275,139‌

182,147

*

QIAGEN

NV

9,041,777‌

23,244

*

Quanterix

Corp

371,672‌

107,914

*

Quantum-Si,

Inc

350,720‌

40,547

*

Radius

Health,

Inc

408,714‌

30,556

*,e

RAPT

Therapeutics,

Inc

562,842‌

20,751

*,e

Reata

Pharmaceuticals,

Inc

636,641‌

121,319

*,e

Recursion

Pharmaceuticals,

Inc

1,026,359‌

87,114

*

Regeneron

Pharmaceuticals,

Inc

50,673,343‌

28,339

*

REGENXBIO,

Inc

888,994‌

53,837

*

Relay

Therapeutics,

Inc

1,023,980‌

22,557

*

Relmada

Therapeutics,

Inc

577,459‌

45,630

*

Repligen

Corp

9,735,617‌

37,281

*

Replimune

Group,

Inc

718,778‌

53,146

*

Revance

Therapeutics,

Inc

824,826‌

44,805

*

REVOLUTION

Medicines,

Inc

1,012,145‌

130,007

*

Rigel

Pharmaceuticals,

Inc

154,708‌

55,762

*

Rocket

Pharmaceuticals,

Inc

808,549‌

317,312

Royalty

Pharma

plc

13,799,899‌

40,249

*

Sage

Therapeutics,

Inc

1,384,968‌

105,792

*,e

Sana

Biotechnology,

Inc

706,691‌

90,778

*

Sangamo

Therapeutics

Inc

389,438‌

71,409

*

Sarepta

Therapeutics,

Inc

6,637,467‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

124

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

92,308

*,e

Science

37

Holdings,

Inc

$

183,693‌

114,700

*

Seagen,

Inc

20,643,706‌

72,449

*,e

Seer,

Inc

652,041‌

52,476

*

Seres

Therapeutics,

Inc

215,676‌

48,122

e

SIGA

Technologies,

Inc

827,217‌

120,397

*,e

Singular

Genomics

Systems,

Inc

458,713‌

119,517

*

SomaLogic,

Inc

603,561‌

427,603

*,e

Sorrento

Therapeutics,

Inc

1,111,768‌

75,271

*

Sotera

Health

Co

1,445,203‌

22,026

*

SpringWorks

Therapeutics,

Inc

658,137‌

14,271

*

Stoke

Therapeutics,

Inc

211,068‌

35,959

*

Supernus

Pharmaceuticals,

Inc

1,141,698‌

109,276

*

Sutro

Biopharma,

Inc

639,265‌

33,941

*

Syndax

Pharmaceuticals,

Inc

691,378‌

79,102

*

Syneos

Health,

Inc

6,260,132‌

8,236

*,e

Tarsus

Pharmaceuticals,

Inc

123,705‌

10,273

*,e

Tenaya

Therapeutics,

Inc

49,002‌

96,764

*

TG

Therapeutics,

Inc

579,616‌

39,475

*

Theravance

Biopharma,

Inc

346,985‌

325,964

Thermo

Fisher

Scientific,

Inc

195,060,117‌

45,002

*

Travere

Therapeutics,

Inc

1,059,347‌

27,273

*

Tricida,

Inc

249,821‌

34,787

*

Turning

Point

Therapeutics

Inc

2,608,329‌

42,685

*

Twist

Bioscience

Corp

1,867,042‌

53,807

*

Ultragenyx

Pharmaceutical,

Inc

2,866,837‌

36,590

*

United

Therapeutics

Corp

8,454,851‌

43,796

*

Vanda

Pharmaceuticals,

Inc

472,121‌

182,003

*,e

Vaxart

Inc

669,771‌

44,760

*

Vaxcyte,

Inc

1,033,061‌

154,475

*,e

VBI

Vaccines,

Inc

131,412‌

22,011

*,e

Ventyx

Biosciences,

Inc

332,586‌

20,906

*,e

Vera

Therapeutics,

Inc

360,629‌

51,135

*

Veracyte,

Inc

1,346,896‌

35,482

*

Vericel

Corp

1,154,584‌

214,563

*

Vertex

Pharmaceuticals,

Inc

60,165,611‌

30,790

*,e

Verve

Therapeutics,

Inc

758,050‌

1,068,797

Viatris,

Inc

10,356,643‌

57,898

*

Vir

Biotechnology,

Inc

1,610,143‌

144,499

*

VistaGen

Therapeutics,

Inc

20,678‌

51,146

*

Waters

Corp

18,618,678‌

59,859

West

Pharmaceutical

Services,

Inc

20,565,158‌

43,711

*

Xencor,

Inc

1,254,069‌

164,836

*,e

Xeris

Biopharma

Holdings,

Inc

234,067‌

26,589

*,e

Y-mAbs

Therapeutics,

Inc

414,523‌

30,704

*

Zentalis

Pharmaceuticals,

Inc

896,557‌

393,624

Zoetis,

Inc

71,856,061‌

43,843

*,†

Zogenix,

Inc

29,813‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

2,820,426,187‌

REAL

ESTATE

-

3

.6

%

70,210

Acadia

Realty

Trust

1,202,697‌

72,510

Agree

Realty

Corp

5,771,071‌

59,342

Alexander

&

Baldwin,

Inc

1,181,499‌

2,420

Alexander's,

Inc

589,294‌

131,279

Alexandria

Real

Estate

Equities,

Inc

21,763,433‌

43,740

American

Assets

Trust,

Inc

1,322,260‌

119,405

American

Campus

Communities,

Inc

7,799,535‌

115,651

American

Finance

Trust,

Inc

900,921‌

244,508

American

Homes

4

Rent

9,261,963‌

386,203

American

Tower

Corp

104,595,358‌

237,549

Americold

Realty

Trust

7,779,730‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

125

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

143,763

Apartment

Income

REIT

Corp

$

6,518,214‌

113,991

*

Apartment

Investment

and

Management

Co

948,405‌

165,195

Apple

Hospitality

REIT,

Inc

2,755,453‌

52,819

Armada

Hoffler

Properties,

Inc

748,973‌

73,661

*

Ashford

Hospitality

Trust,

Inc

642,324‌

112,539

AvalonBay

Communities,

Inc

24,076,594‌

22,821

Bluerock

Residential

Growth

REIT,

Inc

599,508‌

126,257

Boston

Properties,

Inc

11,509,588‌

33,815

BraeMar

Hotels

&

Resorts,

Inc

175,500‌

127,223

Brandywine

Realty

Trust

1,189,535‌

250,617

Brixmor

Property

Group,

Inc

5,809,302‌

135,609

Broadstone

Net

Lease,

Inc

3,074,256‌

16,295

Brt

Realty

Trust

374,622‌

83,612

Camden

Property

Trust

11,797,653‌

81,949

CareTrust

REIT,

Inc

1,692,247‌

37,030

CatchMark

Timber

Trust,

Inc

416,217‌

21,304

CBL

&

Associates

Properties,

Inc

655,950‌

284,736

CBRE

Group,

Inc

24,379,096‌

22,358

Centerspace

1,920,329‌

44,654

*

Chatham

Lodging

Trust

542,993‌

47,291

City

Office

REIT,

Inc

666,803‌

8,392

Clipper

Realty,

Inc

75,612‌

21,853

Community

Healthcare

Trust,

Inc

851,174‌

208,319

*,e

Compass,

Inc

795,779‌

121,800

Corporate

Office

Properties

Trust

3,428,670‌

118,941

Cousins

Properties,

Inc

3,669,330‌

361,981

Crown

Castle

International

Corp

65,395,487‌

22,347

CTO

Realty

Growth,

Inc

473,756‌

180,318

CubeSmart

8,271,187‌

136,442

*

Cushman

&

Wakefield

plc

2,292,226‌

162,943

*

DiamondRock

Hospitality

Co

1,512,111‌

237,169

Digital

Realty

Trust,

Inc

31,413,034‌

475,271

*

DigitalBridge

Group,

Inc

2,604,485‌

177,635

Diversified

Healthcare

Trust

307,309‌

53,964

Douglas

Elliman,

Inc

323,784‌

127,377

Douglas

Emmett,

Inc

3,011,192‌

307,815

Duke

Realty

Corp

19,256,906‌

96,067

Easterly

Government

Properties,

Inc

1,947,278‌

32,530

EastGroup

Properties,

Inc

5,547,666‌

110,377

Empire

State

Realty

Trust,

Inc

941,516‌

61,096

EPR

Properties

3,287,576‌

75,258

Equinix,

Inc

52,962,065‌

89,350

Equity

Commonwealth

2,506,267‌

143,366

Equity

Lifestyle

Properties,

Inc

10,540,268‌

301,740

Equity

Residential

23,653,399‌

115,336

Essential

Properties

Realty

Trust,

Inc

2,781,904‌

54,640

Essex

Property

Trust,

Inc

15,655,999‌

54,311

e

eXp

World

Holdings

Inc

807,061‌

106,334

Extra

Space

Storage,

Inc

20,152,420‌

21,817

Farmland

Partners,

Inc

323,764‌

63,585

Federal

Realty

Investment

Trust

6,715,212‌

106,640

First

Industrial

Realty

Trust,

Inc

5,539,948‌

23,804

*

Forestar

Group,

Inc

329,447‌

66,816

Four

Corners

Property

Trust,

Inc

1,953,032‌

85,813

Franklin

Street

Properties

Corp

325,231‌

6,315

*

FRP

Holdings,

Inc

372,585‌

210,728

Gaming

and

Leisure

Properties,

Inc

10,955,749‌

41,861

Getty

Realty

Corp

1,228,202‌

38,328

Gladstone

Commercial

Corp

802,972‌

23,351

Gladstone

Land

Corp

633,046‌

56,370

Global

Medical

REIT,

Inc

686,587‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

126

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

31,784

Global

Net

Lease,

Inc

$

479,621‌

330,513

Healthcare

Realty

Trust,

Inc

8,675,966‌

435,131

Healthpeak

Properties

Inc

12,022,670‌

41,958

*

Hersha

Hospitality

Trust

422,937‌

107,642

Highwoods

Properties,

Inc

3,828,826‌

570,601

Host

Hotels

and

Resorts,

Inc

10,162,404‌

33,686

*

Howard

Hughes

Corp

2,388,001‌

177,409

Hudson

Pacific

Properties

2,668,231‌

166,086

Independence

Realty

Trust,

Inc

3,687,109‌

3,478

Indus

Realty

Trust,

Inc

212,436‌

53,373

Industrial

Logistics

Properties

Trust

535,331‌

22,080

Innovative

Industrial

Properties,

Inc

2,128,733‌

53,732

InvenTrust

Properties

Corp

1,540,496‌

491,312

Invitation

Homes,

Inc

19,175,907‌

232,435

Iron

Mountain,

Inc

11,270,773‌

58,158

iStar

Inc

971,820‌

93,983

JBG

SMITH

Properties

2,390,927‌

40,129

*

Jones

Lang

LaSalle,

Inc

7,651,396‌

101,518

Kennedy-Wilson

Holdings,

Inc

2,097,362‌

88,635

Kilroy

Realty

Corp

4,802,244‌

483,468

Kimco

Realty

Corp

10,689,477‌

172,019

Kite

Realty

Group

Trust

3,421,458‌

79,369

Lamar

Advertising

Co

8,021,031‌

208,014

Lexington

Realty

Trust

2,281,914‌

67,843

Life

Storage,

Inc

8,540,755‌

33,190

LTC

Properties,

Inc

1,390,661‌

216,644

Macerich

Co

2,298,593‌

78,051

*

Mack-Cali

Realty

Corp

1,088,811‌

21,606

Marcus

&

Millichap,

Inc

884,117‌

518,068

Medical

Properties

Trust,

Inc

8,931,492‌

92,524

Mid-America

Apartment

Communities,

Inc

17,184,483‌

37,480

National

Health

Investors,

Inc

2,430,203‌

165,980

National

Retail

Properties,

Inc

7,902,308‌

65,528

National

Storage

Affiliates

Trust

3,593,556‌

29,806

NETSTREIT

Corp

611,023‌

142,665

Newmark

Group,

Inc

1,626,381‌

18,594

NexPoint

Residential

Trust,

Inc

1,237,245‌

44,187

Office

Properties

Income

Trust

918,206‌

222,404

Omega

Healthcare

Investors,

Inc

6,894,524‌

17,852

One

Liberty

Properties,

Inc

495,393‌

410,827

*,e

Opendoor

Technologies,

Inc

2,017,161‌

39,959

Orion

Office

REIT,

Inc

437,151‌

137,052

Outfront

Media,

Inc

2,529,980‌

265,481

Paramount

Group,

Inc

2,084,026‌

185,936

Park

Hotels

&

Resorts,

Inc

2,898,742‌

104,427

Pebblebrook

Hotel

Trust

2,042,592‌

89,700

Phillips

Edison

&

Co,

Inc

3,053,388‌

234,666

Physicians

Realty

Trust

4,170,015‌

103,397

Piedmont

Office

Realty

Trust,

Inc

1,422,743‌

23,260

Plymouth

Industrial

REIT,

Inc

447,988‌

15,840

Postal

Realty

Trust,

Inc

267,379‌

58,263

PotlatchDeltic

Corp

2,856,635‌

616,193

Prologis,

Inc

81,682,544‌

130,550

Public

Storage,

Inc

42,612,825‌

128,106

Rayonier,

Inc

4,836,001‌

11,250

Re/Max

Holdings,

Inc

285,075‌

99,115

*

Realogy

Holdings

Corp

984,212‌

491,786

Realty

Income

Corp

36,387,246‌

115,127

*,e

Redfin

Corp

1,001,605‌

138,099

Regency

Centers

Corp

8,897,719‌

97,039

Retail

Opportunities

Investment

Corp

1,694,301‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

127

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

133,534

Rexford

Industrial

Realty,

Inc

$

8,734,459‌

124,379

RLJ

Lodging

Trust

1,553,494‌

12,116

RMR

Group,

Inc

350,274‌

78,490

RPT

Realty

853,186‌

53,620

*

Ryman

Hospitality

Properties

4,747,515‌

217,481

Sabra

Healthcare

REIT,

Inc

3,347,033‌

14,934

Safehold,

Inc

636,786‌

10,022

Saul

Centers,

Inc

523,950‌

90,398

SBA

Communications

Corp

30,354,744‌

27,860

*

Seritage

Growth

Properties

334,877‌

155,385

Service

Properties

Trust

1,016,218‌

272,665

Simon

Property

Group,

Inc

29,622,326‌

156,772

SITE

Centers

Corp

2,290,439‌

51,778

SL

Green

Realty

Corp

2,570,778‌

101,055

Spirit

Realty

Capital,

Inc

4,480,779‌

29,663

St.

Joe

Co

1,246,439‌

137,773

STAG

Industrial,

Inc

4,516,199‌

204,963

STORE

Capital

Corp

5,948,026‌

96,563

*

Summit

Hotel

Properties,

Inc

758,020‌

96,640

Sun

Communities,

Inc

15,845,094‌

164,654

*

Sunstone

Hotel

Investors,

Inc

1,865,530‌

108,433

Tanger

Factory

Outlet

Centers,

Inc

1,764,205‌

24,087

*

Tejon

Ranch

Co

397,917‌

58,918

Terreno

Realty

Corp

3,691,213‌

255,856

UDR,

Inc

12,383,430‌

38,434

UMH

Properties,

Inc

819,029‌

188,207

Uniti

Group,

Inc

1,876,424‌

10,411

Universal

Health

Realty

Income

Trust

561,153‌

86,312

Urban

Edge

Properties

1,418,106‌

26,203

Urstadt

Biddle

Properties,

Inc

(Class

A)

482,135‌

321,598

Ventas,

Inc

17,295,540‌

821,609

VICI

Properties,

Inc

28,090,812‌

167,834

Vornado

Realty

Trust

5,100,475‌

69,477

Washington

REIT

1,540,305‌

377,152

Welltower,

Inc

32,563,304‌

104,275

*,e

WeWork,

Inc

497,392‌

612,058

Weyerhaeuser

Co

22,229,947‌

32,454

*

Whitestone

REIT

364,458‌

163,253

WP

Carey,

Inc

14,578,493‌

95,278

*

Xenia

Hotels

&

Resorts,

Inc

1,564,465‌

45,669

*

Zillow

Group,

Inc

(Class

A)

1,598,415‌

131,934

*,e

Zillow

Group,

Inc

(Class

C)

4,601,858‌

TOTAL

REAL

ESTATE

1,242,171,950‌

RETAILING

-

5

.7

%

20,109

*

1-800-FLOWERS.COM,

Inc

(Class

A)

200,487‌

25,901

Aaron's

Co,

Inc

337,231‌

48,946

*

Abercrombie

&

Fitch

Co

(Class

A)

871,728‌

59,768

Academy

Sports

&

Outdoors,

Inc

2,571,817‌

50,551

Advance

Auto

Parts,

Inc

9,787,685‌

7,412,298

*

Amazon.com,

Inc

1,000,289,615‌

156,421

American

Eagle

Outfitters,

Inc

1,883,309‌

4,579

*

America's

Car-Mart,

Inc

474,247‌

91,405

Arko

Corp

834,528‌

17,853

*

Asbury

Automotive

Group,

Inc

3,064,289‌

32,010

*

Autonation,

Inc

3,800,867‌

16,441

*

AutoZone,

Inc

35,140,829‌

202,703

*,e

BARK,

Inc

289,865‌

190,066

Bath

&

Body

Works,

Inc

6,754,946‌

77,556

*,e

Bed

Bath

&

Beyond,

Inc

390,107‌

175,667

Best

Buy

Co,

Inc

13,524,602‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

128

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

RETAILING—continued

16,018

e

Big

5

Sporting

Goods

Corp

$

205,991‌

26,843

e

Big

Lots,

Inc

541,960‌

22,700

*

Boot

Barn

Holdings,

Inc

1,414,210‌

22,567

Buckle,

Inc

681,523‌

16,988

Build-A-Bear

Workshop,

Inc

271,298‌

51,643

*

Burlington

Stores,

Inc

7,288,377‌

28,050

Caleres,

Inc

696,201‌

32,088

Camping

World

Holdings,

Inc

867,659‌

129,233

*

CarMax,

Inc

12,863,853‌

35,828

*

CarParts.com,

Inc

285,907‌

88,669

*,e

Carvana

Co

2,584,701‌

26,548

Cato

Corp

(Class

A)

327,868‌

105,197

*

Chico's

FAS,

Inc

528,089‌

10,763

*

Children's

Place,

Inc

466,468‌

26,944

*

Citi

Trends,

Inc

662,284‌

13,492

*,e

Conn's,

Inc

127,095‌

24,197

*

Container

Store

Group,

Inc

180,510‌

454,948

*,e

ContextLogic,

Inc

682,422‌

45,743

Designer

Brands,

Inc

660,071‌

77,320

*

Destination

XL

Group,

Inc

320,105‌

48,883

e

Dick's

Sporting

Goods,

Inc

4,574,960‌

3,448

e

Dillard's,

Inc

(Class

A)

783,903‌

189,605

Dollar

General

Corp

47,103,570‌

180,209

*

Dollar

Tree,

Inc

29,799,360‌

214,229

*

DoorDash,

Inc

14,942,473‌

9,258

*

Duluth

Holdings,

Inc

89,247‌

472,525

eBay,

Inc

22,978,891‌

98,725

*

Etsy,

Inc

10,239,757‌

54,594

*,e

EVgo,

Inc

489,708‌

131,005

*,e

Express

Parent

LLC

221,398‌

42,825

*

Five

Below,

Inc

5,441,773‌

79,123

*

Floor

&

Decor

Holdings,

Inc

6,374,940‌

100,043

Foot

Locker,

Inc

2,838,220‌

21,367

Franchise

Group,

Inc

703,615‌

16,819

*

Funko,

Inc

440,826‌

216,843

*,e

GameStop

Corp

(Class

A)

7,374,830‌

171,695

Gap,

Inc

1,651,706‌

11,254

*

Genesco,

Inc

630,787‌

115,693

Genuine

Parts

Co

17,685,989‌

13,357

Group

1

Automotive,

Inc

2,363,120‌

18,048

*,e

Groupon,

Inc

191,309‌

117,712

*,e

GrowGeneration

Corp

570,903‌

40,172

Guess?,

Inc

759,653‌

12,488

e

Haverty

Furniture

Cos,

Inc

341,297‌

12,350

Hibbett

Sports,

Inc

579,462‌

860,842

Home

Depot,

Inc

259,061,791‌

26,535

JOANN,

Inc

239,876‌

103,053

Kohl's

Corp

3,002,964‌

11,048

*

Lands'

End,

Inc

140,862‌

123,760

*

Leslie's,

Inc

1,876,202‌

21,175

*

Liquidity

Services,

Inc

426,253‌

26,379

Lithia

Motors,

Inc

(Class

A)

6,997,821‌

203,310

LKQ

Corp

11,149,520‌

550,482

Lowe's

Companies,

Inc

105,433,817‌

23,238

*

Lumber

Liquidators,

Inc

233,310‌

243,089

Macy's,

Inc

4,290,521‌

15,369

*

MarineMax,

Inc

627,670‌

25,760

Monro

Muffler,

Inc

1,291,864‌

18,977

Murphy

USA,

Inc

5,396,300‌

62,250

*

National

Vision

Holdings,

Inc

1,813,965‌

88,988

e

Nordstrom,

Inc

2,092,108‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

129

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

RETAILING—continued

36,954

*

ODP

Corp

$

1,341,430‌

50,189

*

Ollie's

Bargain

Outlet

Holdings,

Inc

2,958,642‌

7,760

OneWater

Marine,

Inc

281,222‌

54,089

*

O'Reilly

Automotive,

Inc

38,056,479‌

33,221

*,e

Overstock.com,

Inc

963,409‌

24,321

Penske

Auto

Group,

Inc

2,784,511‌

65,216

*,e

Petco

Health

&

Wellness

Co,

Inc

907,807‌

15,878

e

PetMed

Express,

Inc

346,458‌

34,024

Pool

Corp

12,170,385‌

174,075

*,e

Porch

Group,

Inc

335,965‌

36,726

*

Poshmark,

Inc

396,274‌

61,858

*

Quotient

Technology,

Inc

171,347‌

282,750

Qurate

Retail

Group,

Inc

QVC

Group

771,907‌

170,379

*,e

RealReal,

Inc

396,983‌

89,286

*,e

Rent

the

Runway,

Inc

396,430‌

64,638

Rent-A-Center,

Inc

1,520,932‌

27,156

*,e

Revolve

Group,

Inc

769,058‌

13,605

*

RH

3,801,645‌

277,595

Ross

Stores,

Inc

22,557,370‌

85,693

*

Sally

Beauty

Holdings,

Inc

1,095,157‌

11,037

Shoe

Carnival,

Inc

240,717‌

17,717

Shutterstock,

Inc

1,001,010‌

40,854

e

Signet

Jewelers

Ltd

2,490,460‌

18,059

*

Sleep

Number

Corp

813,739‌

18,582

Sonic

Automotive,

Inc

(Class

A)

777,657‌

32,181

*

Sportsman's

Warehouse

Holdings,

Inc

317,305‌

111,643

*,e

Stitch

Fix

Inc

666,509‌

389,477

Target

Corp

63,632,752‌

86,207

*,e

ThredUp,

Inc

193,966‌

17,146

Tilly's,

Inc

129,795‌

975,722

TJX

Companies,

Inc

59,675,158‌

22,051

*,e

Torrid

Holdings,

Inc

89,527‌

94,700

Tractor

Supply

Co

18,133,156‌

9,582

*

TravelCenters

of

America,

Inc

399,761‌

43,833

*

Ulta

Beauty,

Inc

17,047,092‌

55,782

*

Urban

Outfitters,

Inc

1,142,415‌

72,946

*

Victoria's

Secret

&

Co

2,696,084‌

66,872

*

Warby

Parker,

Inc

828,544‌

59,379

*,e

Wayfair,

Inc

3,201,122‌

57,618

e

Williams-Sonoma,

Inc

8,321,192‌

3,307

Winmark

Corp

734,650‌

21,243

*,e

Xometry,

Inc

807,234‌

17,633

*

Zumiez,

Inc

458,458‌

TOTAL

RETAILING

1,970,940,999‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

4

.9

%

38,257

*

ACM

Research,

Inc

645,778‌

1,346,436

*

Advanced

Micro

Devices,

Inc

127,197,809‌

50,942

*

Allegro

MicroSystems,

Inc

1,264,890‌

16,124

*

Alpha

&

Omega

Semiconductor

Ltd

677,369‌

27,295

*

Ambarella,

Inc

2,362,382‌

79,493

Amkor

Technology,

Inc

1,603,374‌

431,255

Analog

Devices,

Inc

74,158,610‌

737,328

Applied

Materials,

Inc

78,142,021‌

16,289

*,e

Atomera,

Inc

190,256‌

24,848

*

Axcelis

Technologies,

Inc

1,747,560‌

30,647

*

AXT,

Inc

268,774‌

332,763

Broadcom,

Inc

178,187,931‌

17,599

*

Ceva,

Inc

655,211‌

49,443

*

Cirrus

Logic,

Inc

4,225,399‌

36,109

*

Cohu,

Inc

1,031,995‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

130

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

37,942

*

Diodes,

Inc

$

3,087,341‌

110,412

*

Enphase

Energy,

Inc

31,376,882‌

121,937

Entegris,

Inc

13,400,876‌

85,785

*

First

Solar,

Inc

8,507,298‌

65,638

*

Formfactor,

Inc

2,334,087‌

52,173

*,e

GLOBALFOUNDRIES,

Inc

2,685,866‌

21,380

*

Ichor

Holdings

Ltd

668,339‌

13,316

*

Impinj,

Inc

1,132,126‌

79,821

*,e

indie

Semiconductor,

Inc

574,711‌

3,406,028

Intel

Corp

123,672,877‌

124,503

KLA

Corp

47,751,881‌

47,137

Kulicke

&

Soffa

Industries,

Inc

2,268,232‌

114,980

Lam

Research

Corp

57,548,640‌

110,898

*

Lattice

Semiconductor

Corp

6,820,227‌

43,924

*

MACOM

Technology

Solutions

Holdings,

Inc

2,544,957‌

713,525

Marvell

Technology,

Inc

39,729,072‌

54,765

*

MaxLinear,

Inc

2,213,054‌

457,435

Microchip

Technology,

Inc

31,498,974‌

940,809

Micron

Technology,

Inc

58,198,445‌

48,720

MKS

Instruments,

Inc

5,758,704‌

37,528

Monolithic

Power

Systems,

Inc

17,440,012‌

41,129

*

Nanometrics,

Inc

3,423,989‌

44,347

*

NeoPhotonics

Corp

Ltd

709,109‌

2,009,614

NVIDIA

Corp

365,006,191‌

372,067

*

ON

Semiconductor

Corp

24,846,634‌

37,563

*

PDF

Solutions,

Inc

1,013,450‌

51,560

*

Photronics,

Inc

1,227,644‌

48,003

Power

Integrations,

Inc

4,080,735‌

87,656

*

Qorvo,

Inc

9,122,360‌

933,356

QUALCOMM,

Inc

135,392,621‌

98,341

*

Rambus,

Inc

2,486,061‌

52,459

*

Semtech

Corp

3,269,769‌

29,158

*

Silicon

Laboratories,

Inc

4,300,222‌

12,310

*

SiTime

Corp

2,289,414‌

3,881

*,e

SkyWater

Technology,

Inc

52,161‌

131,373

Skyworks

Solutions,

Inc

14,303,892‌

36,959

*

SMART

Global

Holdings,

Inc

725,136‌

60,658

*,e

SunPower

Corp

1,235,603‌

31,257

*

Synaptics,

Inc

4,530,702‌

140,773

Teradyne,

Inc

14,202,588‌

769,043

Texas

Instruments,

Inc

137,574,102‌

32,932

*

Ultra

Clean

Holdings

1,106,515‌

33,606

Universal

Display

Corp

3,880,149‌

38,313

*

Veeco

Instruments,

Inc

835,223‌

104,630

*

Wolfspeed,

Inc

8,715,679‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

1,675,901,909‌

SOFTWARE

&

SERVICES

-

13

.6

%

80,969

*

8x8,

Inc

395,938‌

62,292

A10

Networks,

Inc

928,774‌

528,328

Accenture

plc

161,805,733‌

100,734

*

ACI

Worldwide,

Inc

2,873,941‌

393,023

*

Adobe,

Inc

161,186,593‌

152,428

*,e

Affirm

Holdings,

Inc

4,091,168‌

16,639

*

Agilysys,

Inc

803,664‌

133,350

*

Akamai

Technologies,

Inc

12,830,937‌

41,290

*

Alarm.com

Holdings,

Inc

2,922,093‌

21,105

*,e

Alkami

Technology,

Inc

293,782‌

42,883

*

Altair

Engineering,

Inc

2,526,238‌

44,748

*

Alteryx,

Inc

2,167,146‌

104,434

Amdocs

Ltd

9,092,024‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

131

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

27,834

*

American

Software,

Inc

(Class

A)

$

497,672‌

44,631

*,e

Amplitude,

Inc

659,646‌

76,218

*

Ansys,

Inc

21,264,060‌

14,183

*

Appfolio,

Inc

1,443,971‌

30,205

*,e

Appian

Corp

1,465,849‌

181,106

*,e

AppLovin

Corp

6,436,507‌

56,062

*,e

Asana,

Inc

1,083,118‌

24,950

*

Aspen

Technology,

Inc

5,092,046‌

115,052

*

Atlassian

Corp

plc

24,082,685‌

183,371

*

Autodesk,

Inc

39,666,815‌

348,625

Automatic

Data

Processing,

Inc

84,060,460‌

66,624

*

Avalara,

Inc

5,824,270‌

456,927

*,e

Avaya

Holdings

Corp

410,595‌

102,950

*,e

AvePoint,

Inc

517,838‌

117,308

*

AvidXchange

Holdings,

Inc

846,964‌

25,395

*

Benefitfocus,

Inc

215,096‌

135,884

Bentley

Systems,

Inc

5,381,006‌

36,148

*

BigCommerce

Holdings,

Inc

565,716‌

78,479

*

Bill.Com

Holdings,

Inc

10,600,943‌

139,730

*

Black

Knight,

Inc

9,177,466‌

36,670

*

Blackbaud,

Inc

2,248,604‌

46,049

*

Blackline,

Inc

2,911,218‌

148,286

*

Blend

Labs,

Inc

391,475‌

432,128

*

Block,

Inc

32,867,656‌

110,923

*

Box,

Inc

3,154,650‌

38,126

Bread

Financial

Holdings,

Inc

1,510,171‌

27,196

*

Brightcove,

Inc

161,816‌

100,910

Broadridge

Financial

Solutions,

Inc

16,201,100‌

69,174

*

BTRS

Holdings,

Inc

446,172‌

53,262

*,e

C3.ai,

Inc

980,553‌

229,147

*

Cadence

Design

Systems,

Inc

42,639,674‌

44,004

*

Cantaloupe,

Inc

267,104‌

11,050

Cass

Information

Systems,

Inc

402,883‌

135,134

*

CCC

Intelligent

Solutions

Holdings,

Inc

1,349,989‌

56,180

*,e

Cerberus

Cyber

Sentinel

Corp

180,338‌

28,638

*

Cerence

Inc

806,732‌

110,416

*

Ceridian

HCM

Holding,

Inc

6,047,484‌

21,983

*

ChannelAdvisor

Corp

324,029‌

111,066

Citrix

Systems,

Inc

11,263,203‌

88,161

*,e

Cleanspark,

Inc

351,762‌

49,711

*,e

Clear

Secure,

Inc

1,258,683‌

228,256

*

Cloudflare,

Inc

11,485,842‌

439,897

Cognizant

Technology

Solutions

Corp

(Class

A)

29,895,400‌

38,311

*

Commvault

Systems,

Inc

2,148,864‌

35,931

Concentrix

Corp

4,806,131‌

136,953

*

Conduent,

Inc

638,201‌

100,027

*

Confluent,

Inc

2,545,687‌

11,171

*

Consensus

Cloud

Solutions,

Inc

603,569‌

174,909

*,e

Core

Scientific,

Inc

439,022‌

23,931

*

Couchbase,

Inc

364,469‌

56,974

*

Coupa

Software,

Inc

3,727,239‌

177,483

*

Crowdstrike

Holdings,

Inc

32,585,879‌

9,750

*,e

CS

Disco,

Inc

239,265‌

27,043

CSG

Systems

International,

Inc

1,764,556‌

66,722

*,e

Cvent

Holding

Corp

416,345‌

34,300

*,e

Cyxtera

Technologies,

Inc

418,117‌

217,644

*

Datadog,

Inc

22,201,864‌

10,173

*,e

Digimarc

Corp

155,749‌

70,760

*

Digital

Turbine,

Inc

1,420,153‌

60,945

*

DigitalOcean

Holdings,

Inc

2,497,526‌

159,038

*

DocuSign,

Inc

10,175,251‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

132

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

52,134

Dolby

Laboratories,

Inc

(Class

A)

$

4,035,172‌

20,918

*

Domo,

Inc

585,913‌

47,093

*

DoubleVerify

Holdings,

Inc

1,079,842‌

239,768

*

Dropbox,

Inc

5,452,324‌

56,515

*

Duck

Creek

Technologies,

Inc

779,907‌

205,085

*

DXC

Technology

Co

6,480,686‌

165,154

*

Dynatrace,

Inc

6,214,745‌

152,822

*,e

E2open

Parent

Holdings,

Inc

1,031,549‌

20,502

e

Ebix,

Inc

485,077‌

17,054

*

eGain

Corp

151,098‌

60,393

*

Elastic

NV

4,824,797‌

16,370

*

Enfusion,

Inc

188,255‌

29,716

*

EngageSmart,

Inc

560,741‌

43,493

*

Envestnet,

Inc

2,534,337‌

47,329

*

EPAM

Systems,

Inc

16,529,653‌

39,210

*

Euronet

Worldwide,

Inc

3,853,167‌

28,541

*

Everbridge,

Inc

717,521‌

11,625

*

EverCommerce,

Inc

133,455‌

47,756

EVERTEC,

Inc

1,862,006‌

49,200

*

Evo

Payments,

Inc

1,345,128‌

27,354

*

ExlService

Holdings,

Inc

4,605,593‌

22,792

*

Fair

Isaac

Corp

10,530,588‌

82,247

*

Fastly,

Inc

935,148‌

516,743

Fidelity

National

Information

Services,

Inc

52,790,465‌

184,473

*

FireEye,

Inc

4,202,295‌

495,732

*

Fiserv,

Inc

52,388,958‌

55,884

*

Five9,

Inc

6,042,178‌

62,647

*

FleetCor

Technologies,

Inc

13,787,978‌

46,691

*

Flywire

Corp

1,095,371‌

22,426

*

ForgeRock,

Inc

454,575‌

552,789

*

Fortinet,

Inc

32,973,864‌

65,070

*

Gartner,

Inc

17,274,784‌

168,649

Genpact

Ltd

8,108,644‌

237,399

Global

Payments,

Inc

29,038,646‌

33,890

*

Globant

S.A.

6,752,244‌

143,640

*

GoDaddy,

Inc

10,655,215‌

90,772

*

Greenidge

Generation

Holdings,

Inc

270,501‌

33,757

*

Grid

Dynamics

Holdings,

Inc

636,995‌

67,262

*

Guidewire

Software,

Inc

5,227,603‌

19,483

Hackett

Group,

Inc

408,559‌

37,161

*

HubSpot,

Inc

11,445,588‌

15,281

*

I3

Verticals,

Inc

414,574‌

24,792

*,e

Informatica,

Inc

567,737‌

8,671

*,e

Instructure

Holdings,

Inc

211,919‌

7,613

*

Intapp,

Inc

115,489‌

25,045

InterDigital,

Inc

1,537,513‌

748,350

International

Business

Machines

Corp

97,876,697‌

24,509

*

International

Money

Express

Inc

589,196‌

231,934

Intuit,

Inc

105,801,333‌

61,221

Jack

Henry

&

Associates,

Inc

12,719,887‌

53,595

*

Jamf

Holding

Corp

1,309,862‌

129,871

*,e

Kaleyra,

Inc

294,807‌

58,166

*

KnowBe4,

Inc

831,192‌

174,055

*

Kyndryl

Holdings,

Inc

1,822,356‌

223,881

*,e

Latch,

Inc

268,657‌

94,577

*

Limelight

Networks,

Inc

239,280‌

48,836

*

Liveperson,

Inc

666,123‌

50,165

*

LiveRamp

Holdings,

Inc

1,334,891‌

58,755

*

Manhattan

Associates,

Inc

8,265,066‌

43,169

*,e

Marathon

Digital

Holdings,

Inc

560,765‌

347,596

*

Marqeta,

Inc

3,333,446‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

133

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

717,539

Mastercard,

Inc

(Class

A)

$

253,858,123‌

175,101

*,e

Matterport,

Inc

744,179‌

47,340

MAXIMUS,

Inc

3,164,679‌

8,990

*

MeridianLink,

Inc

153,280‌

6,238,927

Microsoft

Corp

1,751,516,366‌

7,356

*,e

MicroStrategy,

Inc

(Class

A)

2,104,257‌

32,077

*

Mitek

Systems,

Inc

348,998‌

26,865

*

Model

N,

Inc

674,849‌

89,240

*

MoneyGram

International,

Inc

906,678‌

53,658

*

MongoDB,

Inc

16,766,515‌

54,411

*

N-Able,

Inc

534,316‌

45,184

*,e

nCino

OpCo,

Inc

1,458,991‌

99,167

*

NCR

Corp

3,217,969‌

40,047

*

New

Relic,

Inc

2,429,651‌

476,817

NortonLifelock,

Inc

11,696,321‌

163,731

*

Nutanix,

Inc

2,477,250‌

99,397

*

Okta,

Inc

9,785,635‌

71,961

*

Olo,

Inc

770,702‌

20,114

*

ON24,

Inc

193,296‌

26,135

*

OneSpan,

Inc

289,314‌

1,260,127

Oracle

Corp

98,088,286‌

60,897

*

Pagerduty,

Inc

1,579,059‌

1,481,592

*

Palantir

Technologies,

Inc

15,334,477‌

80,819

*

Palo

Alto

Networks,

Inc

40,336,763‌

61,800

*

Paya

Holdings,

Inc

431,982‌

271,905

Paychex,

Inc

34,879,973‌

42,877

*

Paycom

Software,

Inc

14,170,420‌

40,991

*,e

Paycor

HCM,

Inc

1,094,050‌

33,397

*

Paylocity

Holding

Corp

6,877,444‌

172,922

*

Payoneer

Global,

Inc

923,403‌

967,619

*

PayPal

Holdings,

Inc

83,728,072‌

318,648

*,e

Paysafe

Ltd

640,482‌

31,477

Pegasystems,

Inc

1,263,802‌

27,439

*

Perficient,

Inc

2,895,363‌

46,213

*

Ping

Identity

Holding

Corp

792,553‌

56,416

*

Procore

Technologies,

Inc

2,916,707‌

36,290

Progress

Software

Corp

1,704,178‌

31,004

*

PROS

Holdings,

Inc

755,567‌

87,157

*

PTC,

Inc

10,753,431‌

41,416

*

Q2

Holdings,

Inc

1,818,162‌

34,997

*

Qualys,

Inc

4,280,833‌

40,695

*,e

Rackspace

Technology,

Inc

274,284‌

47,972

*

Rapid7,

Inc

3,068,769‌

67,270

*

Remitly

Global,

Inc

641,083‌

66,056

*

Repay

Holdings

Corp

885,150‌

39,817

*

Rimini

Street,

Inc

279,515‌

63,654

*

RingCentral,

Inc

3,150,236‌

5,870

*,e

Riot

Blockchain,

Inc

42,968‌

88,056

Roper

Technologies,

Inc

38,451,414‌

247,088

*

Sabre

Corp

1,519,591‌

82,580

*

SailPoint

Technologies

Holding,

Inc

5,266,127‌

807,038

*

Salesforce,

Inc

148,511,133‌

23,490

Sapiens

International

Corp

NV

618,022‌

6,388

*

SecureWorks

Corp

63,433‌

138,158

*

SentinelOne,

Inc

3,433,226‌

168,728

*

ServiceNow,

Inc

75,364,048‌

46,318

*

Shift4

Payments,

Inc

1,687,365‌

6,847

*

ShotSpotter,

Inc

229,991‌

94,520

*

Smartsheet,

Inc

2,841,271‌

164,545

*

Snowflake,

Inc

24,666,941‌

27,775

SolarWinds

Corp

297,470‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

134

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

130,668

*

Splunk,

Inc

$

13,577,712‌

34,888

*

Sprout

Social,

Inc

1,817,665‌

29,309

*

SPS

Commerce,

Inc

3,510,046‌

25,029

*,e

Squarespace,

Inc

532,367‌

197,871

SS&C

Technologies

Holdings,

Inc

11,708,027‌

221,351

*

StoneCo

Ltd

2,120,543‌

61,561

*

Sumo

Logic,

Inc

416,768‌

97,569

*

SVMK,

Inc

843,972‌

115,204

Switch,

Inc

3,895,047‌

127,270

*

Synopsys,

Inc

46,771,725‌

29,649

*

Telos

Corp

235,413‌

87,738

*

Tenable

Holdings,

Inc

3,391,074‌

87,924

*

Teradata

Corp

3,366,610‌

161,291

*,e

Terawulf,

Inc

232,259‌

182,156

*,e

Toast,

Inc

2,910,853‌

374,853

*

Trade

Desk,

Inc

16,868,385‌

14,025

TTEC

Holdings,

Inc

1,026,209‌

7,649

*,e

Tucows,

Inc

353,919‌

68,810

*

Turing

Holding

Corp

1,077,565‌

137,943

*

Twilio,

Inc

11,697,566‌

35,978

*

Tyler

Technologies,

Inc

14,355,222‌

300,462

*

UiPath,

Inc

5,507,468‌

47,903

*

Unisys

Corp

657,229‌

167,721

*,e

Unity

Software,

Inc

6,271,088‌

21,072

*

Upland

Software,

Inc

238,535‌

59,761

*,e

UserTesting,

Inc

378,287‌

82,404

*

Varonis

Systems,

Inc

2,095,534‌

57,225

*

Verint

Systems,

Inc

2,613,466‌

80,357

*

VeriSign,

Inc

15,200,330‌

16,429

*,e

Veritone,

Inc

115,496‌

110,081

*

Verra

Mobility

Corp

1,815,236‌

8,329

*

Viant

Technology,

Inc

41,395‌

1,372,014

Visa,

Inc

(Class

A)

291,017,890‌

171,876

VMware,

Inc

(Class

A)

19,971,991‌

310,877

Western

Union

Co

5,291,127‌

36,638

*

WEX,

Inc

6,089,602‌

41,065

*

Wix.com

Ltd

2,436,386‌

166,619

*

Workday,

Inc

25,842,607‌

38,026

*

Workiva,

Inc

2,490,703‌

78,779

Xperi

Holding

Corp

1,320,336‌

84,797

*

Yext,

Inc

371,411‌

101,466

*

Zendesk,

Inc

7,652,566‌

217,009

*

Zoom

Video

Communications,

Inc

22,538,555‌

66,995

*

Zscaler,

Inc

10,388,245‌

85,083

*

Zuora

Inc

724,056‌

TOTAL

SOFTWARE

&

SERVICES

4,674,164,033‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

7

.8

%

93,330

*

3D

Systems

Corp

1,067,695‌

14,000

*

908

Devices,

Inc

315,000‌

35,686

ADTRAN

Holdings,

Inc

859,676‌

29,347

Advanced

Energy

Industries,

Inc

2,626,263‌

81,605

*

Aeva

Technologies,

Inc

288,066‌

32,905

*,e

Akoustis

Technologies,

Inc

140,833‌

494,257

Amphenol

Corp

(Class

A)

38,122,042‌

12,750,203

Apple,

Inc

2,072,035,490‌

215,773

*

Arista

Networks,

Inc

25,165,605‌

61,760

*

Arlo

Technologies,

Inc

434,173‌

55,492

*

Arrow

Electronics,

Inc

7,112,410‌

7,328

*

Aviat

Networks,

Inc

215,297‌

27,434

*

Avid

Technology,

Inc

769,798‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

135

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

73,643

Avnet,

Inc

$

3,525,290‌

22,437

Badger

Meter,

Inc

2,158,215‌

33,419

Belden

CDT,

Inc

2,162,878‌

28,683

Benchmark

Electronics,

Inc

733,711‌

42,216

*

Calix,

Inc

2,408,001‌

7,538

*

Cambium

Networks

Corp

142,091‌

33,928

*,e

Casa

Systems,

Inc

149,962‌

115,459

CDW

Corp

20,959,272‌

122,588

*

Ciena

Corp

6,325,541‌

3,462,855

Cisco

Systems,

Inc

157,109,731‌

7,678

*

Clearfield,

Inc

756,667‌

135,802

Cognex

Corp

6,923,186‌

151,613

*

CommScope

Holding

Co,

Inc

1,369,065‌

18,962

Comtech

Telecommunications

Corp

220,338‌

634,129

Corning,

Inc

23,310,582‌

19,947

*,e

Corsair

Gaming,

Inc

281,253‌

24,590

CTS

Corp

1,000,321‌

235,677

Dell

Technologies,

Inc

10,619,606‌

24,428

*

Digi

International,

Inc

695,954‌

12,695

*

DZS,

Inc

237,904‌

42,963

*,e

Eastman

Kodak

Co

236,726‌

20,216

*

ePlus,

Inc

1,123,403‌

88,758

*,e

Evolv

Technologies

Holdings,

Inc

238,759‌

92,854

*

Extreme

Networks,

Inc

1,214,530‌

51,719

*

F5

Networks,

Inc

8,655,692‌

29,342

*

Fabrinet

2,818,593‌

14,511

*

FARO

Technologies,

Inc

471,898‌

21,995

*,e

Focus

Universal,

Inc

306,390‌

67,921

*

Harmonic,

Inc

741,697‌

1,024,677

Hewlett

Packard

Enterprise

Co

14,591,401‌

891,419

HP,

Inc

29,764,480‌

15,569

*

Identiv,

Inc

210,804‌

101,582

*

II-VI,

Inc

5,347,276‌

134,931

*

Infinera

Corp

883,798‌

63,430

*,e

Inseego

Corp

141,449‌

25,303

*

Insight

Enterprises,

Inc

2,363,553‌

95,106

*,e

IonQ,

Inc

513,572‌

28,045

*

IPG

Photonics

Corp

2,989,036‌

34,094

*

Itron,

Inc

1,991,090‌

113,681

Jabil

Inc

6,745,831‌

257,168

Juniper

Networks,

Inc

7,208,419‌

156,269

*

Keysight

Technologies,

Inc

25,409,339‌

14,794

*

Kimball

Electronics,

Inc

325,468‌

63,212

*

Knowles

Corp

1,248,437‌

89,502

*,e

Lightwave

Logic,

Inc

954,986‌

19,527

Littelfuse,

Inc

5,445,495‌

57,817

*

Lumentum

Holdings,

Inc

5,230,126‌

29,619

Methode

Electronics,

Inc

1,221,488‌

132,689

*,e

Microvision,

Inc

683,348‌

109,376

*,e

Mirion

Technologies,

Inc

743,757‌

139,045

Motorola

Solutions,

Inc

33,174,747‌

18,860

*

Napco

Security

Technologies,

Inc

483,948‌

102,594

National

Instruments

Corp

3,898,572‌

180,438

NetApp,

Inc

12,870,643‌

24,521

*

Netgear,

Inc

632,151‌

54,736

*

Netscout

Systems,

Inc

1,947,507‌

32,078

*

nLight,

Inc

393,276‌

29,734

*

Novanta,

Inc

4,584,983‌

12,970

*

OSI

Systems,

Inc

1,253,810‌

89,933

*,e

Ouster,

Inc

158,282‌

17,935

*,e

PAR

Technology

Corp

746,455‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

136

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

9,082

PC

Connection,

Inc

$

430,759‌

32,451

*

Plantronics,

Inc

1,291,225‌

22,542

*

Plexus

Corp

2,117,821‌

227,749

*

Pure

Storage,

Inc

6,456,684‌

1

*

Quantum

Corp

2‌

58,048

*

Ribbon

Communications,

Inc

196,783‌

16,117

*

Rogers

Corp

4,339,502‌

48,189

*

Sanmina

Corp

2,219,103‌

19,807

*

Scansource,

Inc

632,834‌

95,165

*,e

SmartRent,

Inc

538,634‌

35,032

*

Super

Micro

Computer,

Inc

1,892,078‌

34,869

SYNNEX

Corp

3,501,545‌

39,790

*

Teledyne

Technologies,

Inc

15,573,806‌

216,855

*

Trimble

Inc

15,056,243‌

76,878

*

TTM

Technologies,

Inc

1,040,159‌

11,009

*

Turtle

Beach

Corp

143,117‌

5,566

e

Ubiquiti,

Inc

1,678,873‌

295,480

*,e

Velodyne

Lidar,

Inc

310,254‌

53,957

*

Viasat,

Inc

1,776,804‌

194,238

*

Viavi

Solutions,

Inc

2,874,722‌

113,192

Vishay

Intertechnology,

Inc

2,338,547‌

9,429

*

Vishay

Precision

Group,

Inc

293,996‌

130,144

Vontier

Corp

3,357,715‌

273,969

*

Western

Digital

Corp

13,451,878‌

102,726

Xerox

Holdings

Corp

1,759,696‌

45,738

*

Zebra

Technologies

Corp

(Class

A)

16,360,025‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

2,679,839,936‌

TELECOMMUNICATION

SERVICES

-

1

.1

%

8,408

*

Anterix,

Inc

374,072‌

5,959,791

AT&T,

Inc

111,924,875‌

5,840

ATN

International,

Inc

268,874‌

33,182

*

Bandwidth

Inc

551,817‌

85,783

*,e

Charge

Enterprises,

Inc

260,780‌

33,327

Cogent

Communications

Group,

Inc

2,126,596‌

70,859

*

Consolidated

Communications

Holdings,

Inc

467,669‌

37,068

*

EchoStar

Corp

(Class

A)

732,464‌

197,197

*

Frontier

Communications

Parent,

Inc

5,109,374‌

458,237

*,e

Globalstar,

Inc

641,532‌

44,664

*

Gogo,

Inc

775,367‌

15,140

*

IDT

Corp

(Class

B)

394,094‌

101,605

*

Iridium

Communications,

Inc

4,542,760‌

27,165

*

Liberty

Latin

America

Ltd

(Class

A)

200,206‌

118,887

*

Liberty

Latin

America

Ltd

(Class

C)

872,631‌

891,245

Lumen

Technologies,

Inc

9,705,658‌

22,870

*

Ooma,

Inc

272,839‌

59,880

*

Radius

Global

Infrastructure,

Inc

914,966‌

38,595

Shenandoah

Telecom

Co

860,668‌

91,530

Telephone

&

Data

Systems,

Inc

1,447,089‌

498,761

*

T-Mobile

US,

Inc

71,352,749‌

20,445

*

US

Cellular

Corp

598,834‌

3,500,304

Verizon

Communications,

Inc

161,679,042‌

TOTAL

TELECOMMUNICATION

SERVICES

376,074,956‌

TRANSPORTATION

-

1

.8

%

44,939

*

Air

Transport

Services

Group,

Inc

1,408,388‌

95,747

*

Alaska

Air

Group,

Inc

4,244,465‌

11,636

*

Allegiant

Travel

Co

1,341,747‌

7,250

Amerco,

Inc

3,893,830‌

501,523

*,e

American

Airlines

Group,

Inc

6,875,880‌

19,944

ArcBest

Corp

1,767,038‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

137

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TRANSPORTATION—continued

22,110

*

Atlas

Air

Worldwide

Holdings,

Inc

$

1,673,948‌

23,909

*

Avis

Budget

Group,

Inc

4,352,155‌

57,804

*,e

Blade

Air

Mobility,

Inc

321,101‌

112,992

CH

Robinson

Worldwide,

Inc

12,508,214‌

24,804

*

Copa

Holdings

S.A.

(Class

A)

1,667,325‌

48,562

Costamare,

Inc

569,632‌

15,394

Covenant

Transportation

Group,

Inc

515,237‌

1,805,736

CSX

Corp

58,379,445‌

35,358

*

Daseke,

Inc

296,300‌

516,186

*

Delta

Air

Lines,

Inc

16,414,715‌

5,842

e

Eagle

Bulk

Shipping,

Inc

309,217‌

139,498

Expeditors

International

of

Washington,

Inc

14,821,663‌

199,610

FedEx

Corp

46,527,095‌

24,006

Forward

Air

Corp

2,518,950‌

26,908

*,e

Frontier

Group

Holdings,

Inc

389,628‌

23,696

Genco

Shipping

&

Trading

Ltd

456,859‌

97,745

e

Golden

Ocean

Group

Ltd

1,067,375‌

84,873

*

GXO

Logistics,

Inc

4,073,904‌

45,051

*

Hawaiian

Holdings,

Inc

673,963‌

38,745

Heartland

Express,

Inc

615,271‌

194,659

*,e

Hertz

Global

Holdings,

Inc

4,169,596‌

25,530

*

Hub

Group,

Inc

(Class

A)

1,950,492‌

67,844

JB

Hunt

Transport

Services,

Inc

12,433,770‌

296,245

*

JetBlue

Airways

Corp

2,494,383‌

200,623

*,e

Joby

Aviation,

Inc

1,111,451‌

45,468

*

Kirby

Corp

2,884,490‌

124,863

Knight-Swift

Transportation

Holdings,

Inc

6,861,222‌

30,762

Landstar

System,

Inc

4,816,714‌

297,928

*

Lyft,

Inc

(Class

A)

4,129,282‌

48,163

Marten

Transport

Ltd

1,038,394‌

33,308

Matson,

Inc

3,053,344‌

199,561

Norfolk

Southern

Corp

50,123,736‌

87,539

Old

Dominion

Freight

Line

26,568,962‌

5,260

*

PAM

Transportation

Services,

Inc

188,203‌

26,622

*

Radiant

Logistics,

Inc

193,010‌

40,037

Ryder

System,

Inc

3,135,698‌

35,633

Safe

Bulkers,

Inc

137,543‌

23,079

*

Saia,

Inc

5,489,340‌

57,475

Schneider

National,

Inc

1,455,842‌

38,889

*

Skywest,

Inc

939,169‌

516,538

*

Southwest

Airlines

Co

19,690,429‌

129,614

*

Spirit

Airlines,

Inc

3,210,539‌

24,319

*

Sun

Country

Airlines

Holdings,

Inc

490,514‌

66,480

*,e

TuSimple

Holdings,

Inc

662,141‌

1,568,236

*

Uber

Technologies,

Inc

36,775,134‌

522,840

Union

Pacific

Corp

118,841,532‌

262,874

*

United

Airlines

Holdings

Inc

9,660,620‌

612,873

United

Parcel

Service,

Inc

(Class

B)

119,442,819‌

7,345

Universal

Logistics

Holdings

Inc

220,717‌

48,383

Werner

Enterprises,

Inc

2,126,917‌

129,339

*

Wheels

Up

Experience,

Inc

289,719‌

82,661

*

XPO

Logistics,

Inc

4,938,168‌

TOTAL

TRANSPORTATION

637,207,235‌

UTILITIES

-

2

.9

%

559,524

AES

Corp

12,432,623‌

50,603

Allete,

Inc

3,140,928‌

218,025

Alliant

Energy

Corp

13,284,263‌

37,175

*,e

Altus

Power,

Inc

291,452‌

210,627

Ameren

Corp

19,613,586‌

429,871

American

Electric

Power

Co,

Inc

42,368,086‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

138

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

40,319

American

States

Water

Co

$

3,514,607‌

153,139

American

Water

Works

Co,

Inc

23,803,926‌

4,314

Artesian

Resources

Corp

222,430‌

121,433

Atmos

Energy

Corp

14,740,752‌

50,070

e

Avangrid,

Inc

2,439,911‌

55,638

Avista

Corp

2,351,262‌

51,514

Black

Hills

Corp

3,976,881‌

68,002

Brookfield

Infrastructure

Corp

3,115,172‌

104,865

Brookfield

Renewable

Corp

4,102,319‌

42,672

California

Water

Service

Group

2,563,734‌

539,408

Centerpoint

Energy,

Inc

17,093,840‌

15,372

Chesapeake

Utilities

Corp

2,107,962‌

26,585

Clearway

Energy,

Inc

(Class

A)

917,980‌

61,668

Clearway

Energy,

Inc

(Class

C)

2,315,017‌

233,390

CMS

Energy

Corp

16,040,895‌

287,588

Consolidated

Edison,

Inc

28,548,861‌

279,082

Constellation

Energy

Corp

18,447,320‌

670,797

Dominion

Energy,

Inc

54,991,938‌

162,923

DTE

Energy

Co

21,228,867‌

643,195

Duke

Energy

Corp

70,706,426‌

302,895

Edison

International

20,527,194‌

165,775

Entergy

Corp

19,085,676‌

182,135

Essential

Utilities

Inc

9,460,092‌

194,163

Evergy,

Inc

13,253,566‌

277,611

Eversource

Energy

24,490,842‌

810,944

Exelon

Corp

37,700,787‌

437,574

FirstEnergy

Corp

17,984,291‌

6,030

*

Global

Water

Resources,

Inc

79,777‌

100,064

Hawaiian

Electric

Industries,

Inc

4,232,707‌

36,237

Idacorp,

Inc

4,048,398‌

31,879

MGE

Energy,

Inc

2,594,313‌

13,552

Middlesex

Water

Co

1,288,931‌

51,542

*,e

Montauk

Renewables,

Inc

616,958‌

78,083

National

Fuel

Gas

Co

5,648,524‌

80,647

New

Jersey

Resources

Corp

3,725,085‌

1,646,229

NextEra

Energy,

Inc

139,089,888‌

327,100

NiSource,

Inc

9,943,840‌

24,580

Northwest

Natural

Holding

Co

1,319,209‌

43,932

NorthWestern

Corp

2,436,029‌

212,903

NRG

Energy,

Inc

8,037,088‌

174,454

OGE

Energy

Corp

7,166,570‌

42,824

ONE

Gas,

Inc

3,637,471‌

34,650

e

Ormat

Technologies,

Inc

2,998,611‌

35,270

Otter

Tail

Corp

2,478,423‌

1,249,543

*,b

PG&E

Corp

13,570,037‌

102,787

Pinnacle

West

Capital

Corp

7,551,761‌

57,691

PNM

Resources,

Inc

2,784,745‌

89,765

Portland

General

Electric

Co

4,608,535‌

597,906

PPL

Corp

17,387,106‌

423,507

Public

Service

Enterprise

Group,

Inc

27,811,705‌

16,583

*

Pure

Cycle

Corp

175,116‌

262,129

Sempra

Energy

43,460,988‌

23,659

SJW

Corp

1,553,450‌

97,178

South

Jersey

Industries,

Inc

3,331,262‌

888,477

Southern

Co

68,314,997‌

50,760

Southwest

Gas

Holdings

Inc

4,414,090‌

40,846

Spire,

Inc

3,073,253‌

78,069

*

Sunnova

Energy

International,

Inc

2,031,355‌

173,172

UGI

Corp

7,474,104‌

17,944

Unitil

Corp

982,793‌

7,602

Via

Renewables,

Inc

61,728‌

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

139

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

343,357

Vistra

Energy

Corp

$

8,875,778‌

259,218

WEC

Energy

Group,

Inc

26,909,421‌

455,675

Xcel

Energy,

Inc

33,346,296‌

11,965

York

Water

Co

514,375‌

TOTAL

UTILITIES

1,004,438,203‌

TOTAL

COMMON

STOCKS

34,225,918,599‌

(Cost

$18,299,551,020)

EXPIRATION

DATE

RIGHTS/WARRANTS

-

0.0%

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.0

%

27,694

†

Chinook

Therapeutics,

Inc

0‌

4,598

†

Tobira

Therapeutics,

Inc

276‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

276‌

TOTAL

RIGHTS/WARRANTS

276‌

(Cost

$276)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

1.2%

GOVERNMENT

AGENCY

DEBT

-

0

.3

%

$

10,500,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/05/22

10,497,462‌

9,065,000

FHLB

0

.000

08/09/22

9,060,617‌

12,500,000

FHLB

0

.000

08/15/22

12,489,426‌

30,000,000

FHLB

0

.000

08/19/22

29,967,376‌

25,000,000

FHLB

0

.000

09/09/22

24,938,490‌

5,000,000

FHLB

0

.000

09/23/22

4,983,289‌

5,000,000

FHLB

0

.000

12/21/22

4,947,351‌

4,531,000

Tennessee

Valley

Authority

(TVA)

0

.000

08/03/22

4,530,446‌

TOTAL

GOVERNMENT

AGENCY

DEBT

101,414,457‌

REPURCHASE

AGREEMENT

-

0

.2

%

57,360,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

08/01/22

57,360,000‌

TOTAL

REPURCHASE

AGREEMENT

57,360,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.7

%

255,310,187

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

255,310,187‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

255,310,187‌

TOTAL

SHORT-TERM

INVESTMENTS

414,084,644‌

(Cost

$414,105,136)

TOTAL

INVESTMENTS

-

100.8%

34,640,003,519‌

(Cost

$18,713,656,432)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.8)%

(

289,022,076‌

)

NET

ASSETS

-

100.0%

$

34,350,981,443‌

REIT

Real

Estate

Investment

Trust

Portfolio

of

investments

(unaudited)

Equity

Index

Fund

July

31,

2022

140

TIAA-CREF

Funds

concluded

*

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

$328,459,143.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$57,360,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.500%

and

maturity

date

11/30/28,

valued

at

$58,507,234.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

Russell

2000

E

Mini

Index

12‌

09/16/22

 $

1,072,331‌

$

1,131,180‌

 $

58,849‌

S&P

500

E

Mini

Index

503‌

09/16/22

98,424,455‌

103,957,525‌

5,533,070‌

Total

515‌

 $

99,496,786‌

 $

105,088,705‌

$

5,591,919‌

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

141

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.9%

AUTOMOBILES

&

COMPONENTS

-

3

.9

%

32,641

*

Aptiv

plc

$

3,423,714‌

253,139

*,e

Lucid

Group,

Inc

4,619,787‌

421,359

*

Tesla,

Inc

375,620,481‌

TOTAL

AUTOMOBILES

&

COMPONENTS

383,663,982‌

BANKS

-

0

.1

%

1,447

First

Citizens

Bancshares,

Inc

(Class

A)

1,094,916‌

31,816

e

Rocket

Cos,

Inc

302,888‌

1,520

Signature

Bank

282,067‌

18,642

*

SVB

Financial

Group

7,522,979‌

60,374

e

UWM

Holdings

Corp

227,610‌

31,716

Western

Alliance

Bancorp

2,422,468‌

TOTAL

BANKS

11,852,928‌

CAPITAL

GOODS

-

3

.7

%

14,866

A.O.

Smith

Corp

940,572‌

30,878

Advanced

Drainage

Systems,

Inc

3,662,131‌

7,799

Aecom

Technology

Corp

561,528‌

2,435

AGCO

Corp

265,220‌

34,452

Allegion

plc

3,641,576‌

39,737

Allison

Transmission

Holdings,

Inc

1,663,788‌

13,555

Armstrong

World

Industries,

Inc

1,211,139‌

25,148

*

Axon

Enterprise,

Inc

2,771,058‌

83,860

*

Boeing

Co

13,359,737‌

21,984

BWX

Technologies,

Inc

1,246,053‌

20,845

Carlisle

Cos,

Inc

6,172,204‌

230,063

Caterpillar,

Inc

45,609,990‌

112,169

*,e

ChargePoint

Holdings,

Inc

1,694,874‌

12,277

*

Core

&

Main,

Inc

296,367‌

138,786

Deere

&

Co

47,628,579‌

12,817

Donaldson

Co,

Inc

697,373‌

94,031

Emerson

Electric

Co

8,469,372‌

282,519

Fastenal

Co

14,510,176‌

21,685

Fortune

Brands

Home

&

Security,

Inc

1,511,011‌

30,346

*

Generac

Holdings,

Inc

8,141,832‌

29,504

General

Electric

Co

2,180,641‌

58,348

Graco,

Inc

3,918,652‌

20,261

HEICO

Corp

3,195,362‌

38,032

HEICO

Corp

(Class

A)

4,855,926‌

99,912

Honeywell

International,

Inc

19,229,064‌

20,644

Howmet

Aerospace,

Inc

766,512‌

5,353

Huntington

Ingalls

1,160,745‌

6,503

IDEX

Corp

1,357,501‌

138,401

Illinois

Tool

Works,

Inc

28,754,192‌

28,998

Lincoln

Electric

Holdings,

Inc

4,101,477‌

117,428

Lockheed

Martin

Corp

48,592,881‌

5,914

Masco

Corp

327,517‌

1,807

*

Middleby

Corp

261,455‌

6,520

Nordson

Corp

1,506,055‌

8,243

Northrop

Grumman

Corp

3,947,573‌

24,828

Otis

Worldwide

Corp

1,940,805‌

13,972

Parker-Hannifin

Corp

4,039,165‌

140,374

*,e

Plug

Power,

Inc

2,995,581‌

37,347

Quanta

Services,

Inc

5,181,149‌

37,751

Rockwell

Automation,

Inc

9,637,075‌

13,268

*

SiteOne

Landscape

Supply,

Inc

1,848,630‌

56,023

Spirit

Aerosystems

Holdings,

Inc

(Class

A)

1,838,675‌

50,530

Toro

Co

4,345,075‌

67,290

Trane

Technologies

plc

9,890,957‌

9,774

*

TransDigm

Group,

Inc

6,082,751‌

58,085

*

Trex

Co,

Inc

3,747,644‌

142

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

15,753

*

United

Rentals,

Inc

$

5,083,020‌

2,547

Valmont

Industries,

Inc

691,460‌

23,058

Vertiv

Holdings

Co

263,322‌

22,481

W.W.

Grainger,

Inc

12,219,098‌

8,378

Watsco,

Inc

2,295,153‌

11,332

*

WESCO

International,

Inc

1,448,683‌

55,467

*

WillScot

Mobile

Mini

Holdings

Corp

2,141,581‌

12,072

Xylem,

Inc

1,110,986‌

TOTAL

CAPITAL

GOODS

365,010,943‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.1

%

65,121

Booz

Allen

Hamilton

Holding

Co

6,250,314‌

40,823

Cintas

Corp

17,369,778‌

106,945

*

Copart,

Inc

13,699,654‌

27,036

*

CoStar

Group,

Inc

1,962,543‌

29,226

Equifax,

Inc

6,105,604‌

6,804

*

FTI

Consulting,

Inc

1,112,862‌

53,288

*

IAA,

Inc

2,010,556‌

43,186

KBR,

Inc

2,298,791‌

8,257

MSA

Safety,

Inc

1,059,703‌

8,370

Republic

Services,

Inc

1,160,584‌

48,076

Robert

Half

International,

Inc

3,804,735‌

105,244

Rollins,

Inc

4,059,261‌

10,532

Tetra

Tech,

Inc

1,614,240‌

67,836

TransUnion

5,374,646‌

76,323

Verisk

Analytics,

Inc

14,520,451‌

192,907

Waste

Management,

Inc

31,744,776‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

114,148,498‌

CONSUMER

DURABLES

&

APPAREL

-

1

.2

%

8,424

Brunswick

Corp

674,931‌

11,482

*

Deckers

Outdoor

Corp

3,596,277‌

81,387

DR

Horton,

Inc

6,350,628‌

55,826

*

Lululemon

Athletica,

Inc

17,334,531‌

81,457

*

Mattel,

Inc

1,889,803‌

608,245

Nike,

Inc

(Class

B)

69,899,515‌

1,084

*

NVR,

Inc

4,762,120‌

20,940

e

Polaris

Inc

2,455,843‌

45,619

Pulte

Homes,

Inc

1,989,901‌

12,185

*

Skechers

U.S.A.,

Inc

(Class

A)

462,543‌

13,513

Tapestry,

Inc

454,442‌

33,514

Toll

Brothers,

Inc

1,648,219‌

13,333

*

TopBuild

Corp

2,822,863‌

42,112

*

YETI

Holdings,

Inc

2,138,026‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

116,479,642‌

CONSUMER

SERVICES

-

2

.1

%

184,139

*

Airbnb,

Inc

20,435,746‌

20,135

*

Booking

Holdings,

Inc

38,975,118‌

8,012

*

Bright

Horizons

Family

Solutions

750,484‌

73,854

*

Caesars

Entertainment,

Inc

3,374,389‌

13,878

*

Chipotle

Mexican

Grill,

Inc

(Class

A)

21,708,245‌

16,614

Choice

Hotels

International,

Inc

2,008,134‌

18,170

Churchill

Downs,

Inc

3,812,066‌

43,403

Darden

Restaurants,

Inc

5,403,239‌

12,950

Domino's

Pizza,

Inc

5,077,825‌

187,853

*

DraftKings,

Inc

2,579,222‌

75,399

*

Expedia

Group,

Inc

7,996,064‌

66,344

H&R

Block,

Inc

2,651,106‌

97,866

Hilton

Worldwide

Holdings,

Inc

12,533,699‌

59,355

*

Las

Vegas

Sands

Corp

2,237,090‌

136,727

Marriott

International,

Inc

(Class

A)

21,714,982‌

89,322

McDonald's

Corp

23,524,735‌

46,882

*,e

Mister

Car

Wash,

Inc

543,831‌

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

143

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

SERVICES—continued

34,549

*,e

Norwegian

Cruise

Line

Holdings

Ltd

$

419,770‌

30,557

*

Planet

Fitness,

Inc

2,408,197‌

25,864

*

Six

Flags

Entertainment

Corp

586,337‌

203,009

Starbucks

Corp

17,211,103‌

29,971

Travel

&

Leisure

Co

1,292,050‌

18,291

Vail

Resorts,

Inc

4,337,345‌

96,521

Wendy's

2,029,837‌

28,119

Wyndham

Hotels

&

Resorts,

Inc

1,951,740‌

6,454

*

Wynn

Resorts

Ltd

409,700‌

15,837

Yum!

Brands,

Inc

1,940,666‌

TOTAL

CONSUMER

SERVICES

207,912,720‌

DIVERSIFIED

FINANCIALS

-

2

.3

%

20,035

American

Express

Co

3,085,791‌

34,735

Ameriprise

Financial,

Inc

9,375,671‌

173,470

Apollo

Global

Management,

Inc

9,905,137‌

72,918

Ares

Management

Corp

5,224,575‌

347,160

Blackstone,

Inc

35,434,621‌

193,655

e

Blue

Owl

Capital,

Inc

2,209,603‌

419,326

Charles

Schwab

Corp

28,954,460‌

379

*,e

Credit

Acceptance

Corp

218,270‌

18,926

Factset

Research

Systems,

Inc

8,132,124‌

265,334

iShares

Russell

1000

Growth

Index

Fund

65,051,937‌

39,630

LPL

Financial

Holdings,

Inc

8,319,129‌

18,506

MarketAxess

Holdings,

Inc

5,011,055‌

75,053

Moody's

Corp

23,285,193‌

11,241

Morningstar,

Inc

2,870,389‌

29,805

MSCI,

Inc

(Class

A)

14,346,339‌

7,515

Raymond

James

Financial,

Inc

740,002‌

32,725

Tradeweb

Markets,

Inc

2,307,767‌

13,554

*,e

Upstart

Holdings,

Inc

329,769‌

TOTAL

DIVERSIFIED

FINANCIALS

224,801,832‌

ENERGY

-

1

.4

%

99,615

*

Antero

Resources

Corp

3,948,739‌

60,732

Cabot

Oil

&

Gas

Corp

1,857,792‌

70,038

Cheniere

Energy,

Inc

10,476,284‌

13,054

Continental

Resources,

Inc

899,290‌

159,628

Devon

Energy

Corp

10,032,620‌

48,626

Diamondback

Energy,

Inc

6,225,101‌

18,906

e

Enviva,

Inc

1,316,425‌

210,209

EOG

Resources,

Inc

23,379,445‌

205,084

Halliburton

Co

6,008,961‌

108,952

Hess

Corp

12,253,831‌

23,169

e

New

Fortress

Energy,

Inc

1,134,586‌

332,399

Occidental

Petroleum

Corp

21,855,234‌

24,158

ONEOK,

Inc

1,443,199‌

93,814

Ovintiv,

Inc

4,792,957‌

28,445

PDC

Energy,

Inc

1,868,552‌

65,125

Pioneer

Natural

Resources

Co

15,431,369‌

93,033

*

Range

Resources

Corp

3,076,601‌

74,278

*

Southwestern

Energy

Co

524,403‌

108,658

Targa

Resources

Investments,

Inc

7,509,354‌

2,910

Texas

Pacific

Land

Corp

5,336,503‌

TOTAL

ENERGY

139,371,246‌

FOOD

&

STAPLES

RETAILING

-

1

.5

%

40,656

*

BJ's

Wholesale

Club

Holdings,

Inc

2,752,411‌

219,701

Costco

Wholesale

Corp

118,924,151‌

3,138

*

Grocery

Outlet

Holding

Corp

134,055‌

22,549

*

Performance

Food

Group

Co

1,120,911‌

252,716

SYSCO

Corp

21,455,589‌

TOTAL

FOOD

&

STAPLES

RETAILING

144,387,117‌

144

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO

-

2

.5

%

4,430

*

Boston

Beer

Co,

Inc

(Class

A)

$

1,685,305‌

12,870

Brown-Forman

Corp

(Class

A)

931,788‌

55,698

Brown-Forman

Corp

(Class

B)

4,133,905‌

1,455,778

Coca-Cola

Co

93,417,274‌

7,258

*

Darling

International,

Inc

502,834‌

12,224

*

Freshpet,

Inc

653,251‌

63,397

Hershey

Co

14,451,980‌

70,248

Kellogg

Co

5,192,732‌

72,889

Lamb

Weston

Holdings,

Inc

5,806,338‌

171,785

*

Monster

Beverage

Corp

17,113,222‌

580,746

PepsiCo,

Inc

101,607,320‌

14,286

*

Pilgrim's

Pride

Corp

448,152‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

245,944,101‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.2

%

113,843

Abbott

Laboratories

12,390,672‌

21,911

*

Abiomed,

Inc

6,420,142‌

86,563

*

agilon

health,

Inc

2,166,672‌

29,342

*

Align

Technology,

Inc

8,244,222‌

73,650

AmerisourceBergen

Corp

10,747,745‌

37,768

Baxter

International,

Inc

2,215,471‌

43,774

*

Certara,

Inc

1,006,364‌

20,544

*

Change

Healthcare,

Inc

498,603‌

3,063

Chemed

Corp

1,473,579‌

23,878

Cigna

Corp

6,575,046‌

31,315

*

DaVita,

Inc

2,635,470‌

9,211

*,e

Definitive

Healthcare

Corp

239,302‌

192,536

*

Dexcom,

Inc

15,803,355‌

21,492

*,e

Doximity,

Inc

909,541‌

306,542

*

Edwards

Lifesciences

Corp

30,819,733‌

36,519

Elevance

Health,

Inc

17,423,215‌

1,873

*

Globus

Medical,

Inc

109,926‌

51,679

*

Guardant

Health,

Inc

2,592,735‌

6,604

HCA

Healthcare,

Inc

1,402,822‌

44,420

Humana,

Inc

21,410,440‌

1,789

*

ICU

Medical,

Inc

316,957‌

40,980

*

IDEXX

Laboratories,

Inc

16,358,396‌

33,758

*

Insulet

Corp

8,365,232‌

163,430

*

Intuitive

Surgical,

Inc

37,616,683‌

18,948

*

Masimo

Corp

2,739,502‌

14,543

McKesson

Corp

4,967,598‌

22,548

*

Molina

Healthcare,

Inc

7,389,431‌

51,693

*

Novocure

Ltd

3,514,607‌

17,487

*

Penumbra,

Inc

2,437,338‌

72,232

Resmed,

Inc

17,373,241‌

93,794

Stryker

Corp

20,142,262‌

30,518

*

Tandem

Diabetes

Care,

Inc

2,020,597‌

7,399

*

Teladoc,

Inc

272,653‌

422,527

UnitedHealth

Group,

Inc

229,153,293‌

68,492

*

Veeva

Systems,

Inc

15,313,441‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

513,066,286‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.5

%

55,744

Church

&

Dwight

Co,

Inc

4,903,800‌

50,427

Clorox

Co

7,152,566‌

253,560

Colgate-Palmolive

Co

19,965,314‌

113,956

Estee

Lauder

Cos

(Class

A)

31,121,383‌

100,044

Kimberly-Clark

Corp

13,184,799‌

59,755

*,e

Olaplex

Holdings,

Inc

1,027,786‌

505,258

Procter

&

Gamble

Co

70,185,389‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

147,541,037‌

INSURANCE

-

1

.1

%

1,255

*

Alleghany

Corp

1,051,037‌

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

145

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

98,475

Aon

plc

$

28,660,164‌

56,347

*

Arch

Capital

Group

Ltd

2,501,807‌

13,008

Arthur

J.

Gallagher

&

Co

2,328,302‌

1,602

Assurant,

Inc

281,599‌

6,975

Brown

&

Brown,

Inc

454,072‌

9,787

Erie

Indemnity

Co

(Class

A)

1,990,284‌

5,779

Everest

Re

Group

Ltd

1,510,342‌

14,381

Lincoln

National

Corp

738,320‌

1,470

*

Markel

Corp

1,906,796‌

223,736

Marsh

&

McLennan

Cos,

Inc

36,683,755‌

252,277

Progressive

Corp

29,026,992‌

13,119

RenaissanceRe

Holdings

Ltd

1,696,418‌

39,553

*

Ryan

Specialty

Group

Holdings,

Inc

1,710,272‌

TOTAL

INSURANCE

110,540,160‌

MATERIALS

-

1

.3

%

30,137

Albemarle

Corp

7,362,771‌

23,453

Ardagh

Metal

Packaging

S.A.

158,542‌

24,081

Avery

Dennison

Corp

4,586,467‌

29,160

*

Axalta

Coating

Systems

Ltd

735,415‌

60,053

Ball

Corp

4,409,091‌

30,295

*

Berry

Global

Group,

Inc

1,746,507‌

103,034

CF

Industries

Holdings,

Inc

9,838,717‌

46,085

Chemours

Co

1,640,165‌

52,955

Crown

Holdings,

Inc

5,384,464‌

17,930

Eagle

Materials,

Inc

2,267,249‌

109,387

Ecolab,

Inc

18,067,451‌

20,717

FMC

Corp

2,301,659‌

95,463

*,e

Ginkgo

Bioworks

Holdings,

Inc

273,024‌

113,341

Graphic

Packaging

Holding

Co

2,521,837‌

52,795

Linde

plc

15,944,090‌

6,827

Louisiana-Pacific

Corp

434,402‌

2,639

Martin

Marietta

Materials,

Inc

929,139‌

21,393

Mosaic

Co

1,126,555‌

43,613

*

MP

Materials

Corp

1,464,089‌

62,422

PPG

Industries,

Inc

8,070,540‌

2,043

Royal

Gold,

Inc

214,045‌

3,145

RPM

International,

Inc

284,308‌

6,620

Scotts

Miracle-Gro

Co

(Class

A)

588,849‌

70,081

Sealed

Air

Corp

4,283,351‌

117,606

Sherwin-Williams

Co

28,453,596‌

32,768

Southern

Copper

Corp

1,631,846‌

86,148

Valvoline,

Inc

2,775,689‌

31,080

Vulcan

Materials

Co

5,138,456‌

TOTAL

MATERIALS

132,632,314‌

MEDIA

&

ENTERTAINMENT

-

7

.7

%

2,600,056

*

Alphabet,

Inc

(Class

A)

302,438,514‌

2,374,502

*

Alphabet,

Inc

(Class

C)

276,961,913‌

1,757

Cable

One,

Inc

2,418,827‌

57,444

*

Charter

Communications,

Inc

24,821,552‌

10,465

Electronic

Arts,

Inc

1,373,322‌

4,650

Liberty

Broadband

Corp

(Class

A)

501,875‌

28,835

*

Liberty

Broadband

Corp

(Class

C)

3,140,997‌

10,821

*

Liberty

Media

Group

(Class

C)

733,339‌

10,036

Liberty

SiriusXM

Group

(Class

A)

399,935‌

20,659

*

Liberty

SiriusXM

Group

(Class

C)

822,641‌

37,047

*

Live

Nation,

Inc

3,482,048‌

5,466

*

Madison

Square

Garden

Co

840,561‌

131,862

*

Match

Group,

Inc

9,666,803‌

243,478

*

Meta

Platforms,

Inc

38,737,350‌

98,426

*

Netflix,

Inc

22,136,007‌

2,263

Nexstar

Media

Group

Inc

426,281‌

58,273

*

Pinterest,

Inc

1,135,158‌

146

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MEDIA

&

ENTERTAINMENT—continued

51,055

*

Playtika

Holding

Corp

$

626,445‌

218,784

*

ROBLOX

Corp

9,392,397‌

16,290

*

Roku,

Inc

1,067,321‌

68,470

*

Spotify

Technology

S.A.

7,738,479‌

65,089

*

Take-Two

Interactive

Software,

Inc

8,639,263‌

4,015

*

TripAdvisor,

Inc

76,325‌

339,593

*

Twitter,

Inc

14,130,465‌

61,393

*

Walt

Disney

Co

6,513,797‌

851,225

*

Warner

Bros

Discovery,

Inc

12,768,375‌

23,054

e

World

Wrestling

Entertainment,

Inc

(Class

A)

1,597,873‌

139,066

*

ZoomInfo

Technologies,

Inc

5,269,211‌

TOTAL

MEDIA

&

ENTERTAINMENT

757,857,074‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

6

.2

%

45,047

*

10X

Genomics,

Inc

1,808,637‌

877,774

AbbVie,

Inc

125,969,347‌

132,316

Agilent

Technologies,

Inc

17,743,576‌

59,878

*

Alnylam

Pharmaceuticals,

Inc

8,505,071‌

222,896

Amgen,

Inc

55,160,073‌

281,940

*

Avantor,

Inc

8,181,899‌

19,420

Bio-Techne

Corp

7,482,138‌

52,368

Bruker

BioSciences

Corp

3,589,826‌

26,184

*

Catalent,

Inc

2,961,410‌

23,514

*

Charles

River

Laboratories

International,

Inc

5,891,198‌

22,190

Danaher

Corp

6,467,719‌

340,683

Eli

Lilly

&

Co

112,319,778‌

15,228

*

Exact

Sciences

Corp

686,783‌

135,915

*

Exelixis,

Inc

2,843,342‌

103,656

*

Horizon

Therapeutics

Plc

8,600,338‌

79,293

*

Incyte

Corp

6,159,480‌

67,698

*

Ionis

Pharmaceuticals,

Inc

2,542,737‌

92,529

*

IQVIA

Holdings,

Inc

22,231,943‌

62,004

*

Maravai

LifeSciences

Holdings,

Inc

1,617,684‌

527,417

Merck

&

Co,

Inc

47,119,435‌

10,997

*

Mettler-Toledo

International,

Inc

14,842,981‌

9,921

*

Moderna,

Inc

1,627,937‌

42,777

*

Natera,

Inc

2,010,519‌

46,438

*

Neurocrine

Biosciences,

Inc

4,371,209‌

39,948

*,e

Novavax,

Inc

2,177,566‌

7,724

*

Regeneron

Pharmaceuticals,

Inc

4,492,974‌

18,934

*

Repligen

Corp

4,039,758‌

40,851

*

Sarepta

Therapeutics,

Inc

3,797,100‌

66,853

*

Seagen,

Inc

12,032,203‌

58,097

*

Sotera

Health

Co

1,115,462‌

9,090

*

Syneos

Health,

Inc

719,383‌

23,979

Thermo

Fisher

Scientific,

Inc

14,349,273‌

27,743

*

Ultragenyx

Pharmaceutical,

Inc

1,478,147‌

120,660

*

Vertex

Pharmaceuticals,

Inc

33,834,271‌

29,433

*

Waters

Corp

10,714,495‌

36,533

West

Pharmaceutical

Services,

Inc

12,551,277‌

234,757

Zoetis,

Inc

42,854,890‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

614,891,859‌

REAL

ESTATE

-

1

.7

%

177,259

American

Tower

Corp

48,007,055‌

12,204

Apartment

Income

REIT

Corp

553,329‌

4,202

Camden

Property

Trust

592,902‌

80,932

CBRE

Group,

Inc

6,929,398‌

213,920

Crown

Castle

International

Corp

38,646,787‌

33,678

Equinix,

Inc

23,700,556‌

52,390

Equity

Lifestyle

Properties,

Inc

3,851,713‌

6,168

Extra

Space

Storage,

Inc

1,168,959‌

109,201

Iron

Mountain,

Inc

5,295,157‌

39,402

Lamar

Advertising

Co

3,981,966‌

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

147

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

71,434

*,e

Opendoor

Technologies,

Inc

$

350,741‌

60,979

Public

Storage,

Inc

19,904,155‌

11,693

SBA

Communications

Corp

3,926,392‌

78,832

Simon

Property

Group,

Inc

8,564,309‌

1,694

*

Zillow

Group,

Inc

(Class

A)

59,290‌

4,792

*,e

Zillow

Group,

Inc

(Class

C)

167,145‌

TOTAL

REAL

ESTATE

165,699,854‌

RETAILING

-

9

.5

%

2,323

Advance

Auto

Parts,

Inc

449,779‌

4,416,586

*

Amazon.com,

Inc

596,018,281‌

8,974

*

AutoZone,

Inc

19,180,938‌

32,080

Best

Buy

Co,

Inc

2,469,839‌

31,338

*

Burlington

Stores,

Inc

4,422,732‌

8,715

*

CarMax,

Inc

867,491‌

55,736

*,e

Carvana

Co

1,624,704‌

113,562

Dollar

General

Corp

28,212,208‌

33,265

*

Dollar

Tree,

Inc

5,500,700‌

109,990

*

DoorDash,

Inc

7,671,802‌

35,039

eBay,

Inc

1,703,947‌

63,466

*

Etsy,

Inc

6,582,693‌

26,570

*

Five

Below,

Inc

3,376,250‌

51,288

*

Floor

&

Decor

Holdings,

Inc

4,132,274‌

7,318

Genuine

Parts

Co

1,118,703‌

297,396

Home

Depot,

Inc

89,498,352‌

75,574

*

Leslie's,

Inc

1,145,702‌

282,317

Lowe's

Companies,

Inc

54,072,175‌

57,585

e

Nordstrom,

Inc

1,353,823‌

1,535

*

Ollie's

Bargain

Outlet

Holdings,

Inc

90,488‌

13,218

*

O'Reilly

Automotive,

Inc

9,300,053‌

19,491

Pool

Corp

6,971,931‌

3,123

*

RH

872,660‌

70,401

Ross

Stores,

Inc

5,720,785‌

125,491

Target

Corp

20,502,720‌

581,911

TJX

Companies,

Inc

35,589,677‌

55,164

Tractor

Supply

Co

10,562,803‌

25,370

*

Ulta

Beauty,

Inc

9,866,647‌

36,253

*

Victoria's

Secret

&

Co

1,339,911‌

24,793

*,e

Wayfair,

Inc

1,336,591‌

28,137

e

Williams-Sonoma,

Inc

4,063,545‌

TOTAL

RETAILING

935,620,204‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

7

.3

%

632,652

*

Advanced

Micro

Devices,

Inc

59,766,634‌

19,262

*

Allegro

MicroSystems,

Inc

478,276‌

52,235

Analog

Devices,

Inc

8,982,331‌

439,245

Applied

Materials,

Inc

46,551,185‌

198,282

Broadcom,

Inc

106,176,045‌

65,616

*

Enphase

Energy,

Inc

18,646,755‌

72,930

Entegris,

Inc

8,015,007‌

12,694

*,e

GLOBALFOUNDRIES,

Inc

653,487‌

74,190

KLA

Corp

28,454,833‌

68,765

Lam

Research

Corp

34,417,570‌

65,242

*

Lattice

Semiconductor

Corp

4,012,383‌

229,972

Microchip

Technology,

Inc

15,835,872‌

105,863

Micron

Technology,

Inc

6,548,685‌

22,445

Monolithic

Power

Systems,

Inc

10,430,640‌

1,196,479

NVIDIA

Corp

217,316,481‌

134,997

*

ON

Semiconductor

Corp

9,015,100‌

556,527

QUALCOMM,

Inc

80,729,807‌

72,479

Teradyne,

Inc

7,312,406‌

314,078

Texas

Instruments,

Inc

56,185,413‌

148

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

21,316

Universal

Display

Corp

$

2,461,145‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

721,990,055‌

SOFTWARE

&

SERVICES

-

23

.1

%

314,461

Accenture

plc

96,306,826‌

234,358

*

Adobe,

Inc

96,114,903‌

28,382

*

Alteryx,

Inc

1,374,540‌

23,110

*

Ansys,

Inc

6,447,459‌

115,578

*,e

AppLovin

Corp

4,107,642‌

14,990

*

Aspen

Technology,

Inc

3,059,309‌

67,249

*

Atlassian

Corp

plc

14,076,561‌

108,525

*

Autodesk,

Inc

23,476,128‌

191,123

Automatic

Data

Processing,

Inc

46,083,578‌

43,446

*

Avalara,

Inc

3,798,049‌

81,073

Bentley

Systems,

Inc

3,210,491‌

6,914

*

Black

Knight,

Inc

454,111‌

52,747

Broadridge

Financial

Solutions,

Inc

8,468,531‌

135,810

*

Cadence

Design

Systems,

Inc

25,271,525‌

31,588

*

CCC

Intelligent

Solutions

Holdings,

Inc

315,564‌

12,521

*

Ceridian

HCM

Holding,

Inc

685,775‌

31,215

Citrix

Systems,

Inc

3,165,513‌

139,599

*

Cloudflare,

Inc

7,024,622‌

59,703

*

Confluent,

Inc

1,519,441‌

20,088

*

Coupa

Software,

Inc

1,314,157‌

104,867

*

Crowdstrike

Holdings,

Inc

19,253,581‌

127,025

*

Datadog,

Inc

12,957,820‌

98,236

*

DocuSign,

Inc

6,285,139‌

23,950

*

DoubleVerify

Holdings,

Inc

549,173‌

125,612

*

Dropbox,

Inc

2,856,417‌

95,555

*

Dynatrace,

Inc

3,595,735‌

39,011

*

Elastic

NV

3,116,589‌

27,212

*

EPAM

Systems,

Inc

9,503,791‌

18,777

*

Euronet

Worldwide,

Inc

1,845,216‌

12,752

*

Fair

Isaac

Corp

5,891,807‌

28,798

*

Fiserv,

Inc

3,043,373‌

34,150

*

Five9,

Inc

3,692,298‌

37,443

*

FleetCor

Technologies,

Inc

8,240,830‌

326,825

*

Fortinet,

Inc

19,495,111‌

38,647

*

Gartner,

Inc

10,260,006‌

45,740

Genpact

Ltd

2,199,179‌

20,070

*

Globant

S.A.

3,998,747‌

12,257

*

GoDaddy,

Inc

909,224‌

21,893

*

HubSpot,

Inc

6,743,044‌

10,960

*,e

Informatica,

Inc

250,984‌

299,824

International

Business

Machines

Corp

39,213,981‌

136,942

Intuit,

Inc

62,468,832‌

36,334

Jack

Henry

&

Associates,

Inc

7,549,115‌

31,190

*

Jamf

Holding

Corp

762,284‌

18,138

*

Manhattan

Associates,

Inc

2,551,472‌

427,615

Mastercard,

Inc

(Class

A)

151,285,911‌

3,718,049

Microsoft

Corp

1,043,805,076‌

31,160

*

MongoDB,

Inc

9,736,565‌

5,368

*,e

nCino

OpCo,

Inc

173,333‌

3,141

*

NCR

Corp

101,925‌

24,337

*

New

Relic,

Inc

1,476,526‌

97,081

NortonLifelock,

Inc

2,381,397‌

52,787

*

Nutanix,

Inc

798,667‌

8,121

*

Okta,

Inc

799,512‌

518,977

Oracle

Corp

40,397,170‌

896,764

*

Palantir

Technologies,

Inc

9,281,507‌

48,166

*

Palo

Alto

Networks,

Inc

24,039,651‌

160,844

Paychex,

Inc

20,633,068‌

25,500

*

Paycom

Software,

Inc

8,427,495‌

20,224

*

Paylocity

Holding

Corp

4,164,728‌

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

149

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

178,923

*

PayPal

Holdings,

Inc

$

15,482,207‌

19,105

Pegasystems,

Inc

767,066‌

25,124

*

Procore

Technologies,

Inc

1,298,911‌

53,008

*

PTC,

Inc

6,540,127‌

38,701

*

RingCentral,

Inc

1,915,312‌

102,919

*

Salesforce,

Inc

18,939,154‌

57,936

*

SentinelOne,

Inc

1,439,710‌

99,748

*

ServiceNow,

Inc

44,553,442‌

27,070

*

Shift4

Payments,

Inc

986,160‌

62,663

*

Smartsheet,

Inc

1,883,650‌

90,212

*

Snowflake,

Inc

13,523,681‌

79,868

*

Splunk,

Inc

8,299,084‌

41,148

Switch,

Inc

1,391,214‌

75,807

*

Synopsys,

Inc

27,859,072‌

27,173

*

Teradata

Corp

1,040,454‌

108,702

*,e

Toast,

Inc

1,737,058‌

216,512

*

Trade

Desk,

Inc

9,743,040‌

40,950

*

Turing

Holding

Corp

641,277‌

31,179

*

Twilio,

Inc

2,643,979‌

17,465

*

Tyler

Technologies,

Inc

6,968,535‌

16,508

*

UiPath,

Inc

302,592‌

67,395

*,e

Unity

Software,

Inc

2,519,899‌

4,942

*

VeriSign,

Inc

934,829‌

817,735

Visa,

Inc

(Class

A)

173,449,771‌

51,139

VMware,

Inc

(Class

A)

5,942,352‌

54,932

Western

Union

Co

934,943‌

16,385

*

WEX,

Inc

2,723,351‌

20,087

*

Wix.com

Ltd

1,191,762‌

95,748

*

Workday,

Inc

14,850,515‌

62,519

*

Zendesk,

Inc

4,715,183‌

63,869

*

Zoom

Video

Communications,

Inc

6,633,434‌

39,848

*

Zscaler,

Inc

6,178,831‌

TOTAL

SOFTWARE

&

SERVICES

2,289,041,599‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

13

.4

%

220,923

Amphenol

Corp

(Class

A)

17,039,791‌

7,598,694

Apple,

Inc

1,234,863,762‌

125,208

*

Arista

Networks,

Inc

14,603,009‌

1,582

*

Arrow

Electronics,

Inc

202,765‌

66,612

CDW

Corp

12,092,076‌

82,460

Cognex

Corp

4,203,811‌

21,417

Corning,

Inc

787,289‌

19,679

Dell

Technologies,

Inc

886,736‌

240,077

HP,

Inc

8,016,171‌

10,454

*

II-VI,

Inc

550,299‌

55,664

Jabil

Inc

3,303,102‌

82,575

*

Keysight

Technologies,

Inc

13,426,695‌

8,196

National

Instruments

Corp

311,448‌

106,981

NetApp,

Inc

7,630,955‌

138,190

*

Pure

Storage,

Inc

3,917,686‌

828

e

Ubiquiti,

Inc

249,750‌

46,199

Vontier

Corp

1,191,934‌

10,318

*

Zebra

Technologies

Corp

(Class

A)

3,690,645‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,326,967,924‌

TRANSPORTATION

-

2

.1

%

16,234

CH

Robinson

Worldwide,

Inc

1,797,104‌

272,333

CSX

Corp

8,804,526‌

316,304

*

Delta

Air

Lines,

Inc

10,058,467‌

27,450

Expeditors

International

of

Washington,

Inc

2,916,562‌

5,520

*

GXO

Logistics,

Inc

264,960‌

37,261

JB

Hunt

Transport

Services,

Inc

6,828,823‌

16,258

Landstar

System,

Inc

2,545,678‌

136,919

*

Lyft,

Inc

(Class

A)

1,897,697‌

150

TIAA-CREF

FUNDS

-

Large-Cap

Growth

Index

Fund

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TRANSPORTATION—continued

51,074

Old

Dominion

Freight

Line

$

15,501,470‌

805,048

*

Uber

Technologies,

Inc

18,878,376‌

311,503

Union

Pacific

Corp

70,804,632‌

325,534

United

Parcel

Service,

Inc

(Class

B)

63,443,321‌

3,704

*

XPO

Logistics,

Inc

221,277‌

TOTAL

TRANSPORTATION

203,962,893‌

UTILITIES

-

0

.0

%

57,727

AES

Corp

1,282,694‌

3,418

National

Fuel

Gas

Co

247,258‌

129,803

Vistra

Energy

Corp

3,355,408‌

TOTAL

UTILITIES

4,885,360‌

TOTAL

COMMON

STOCKS

9,878,269,628‌

(Cost

$4,666,753,480)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

0.4%

REPURCHASE

AGREEMENT

-

0

.0

%

$

2,200,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.250

%

08/01/22

2,200,000‌

TOTAL

REPURCHASE

AGREEMENT

2,200,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.4

%

35,951,346

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

35,951,346‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

35,951,346‌

TOTAL

SHORT-TERM

INVESTMENTS

38,151,346‌

(Cost

$38,151,346)

TOTAL

INVESTMENTS

-

100.3%

9,916,420,974‌

(Cost

$4,704,904,826)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.3)%

(

26,258,130‌

)

NET

ASSETS

-

100.0%

$

9,890,162,844‌

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

$41,306,340.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.250%

dated

7/31/22

to

be

repurchased

at

$2,200,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.500%

and

maturity

date

11/30/28,

valued

at

$2,244,024.

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

151

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.9%

AUTOMOBILES

&

COMPONENTS

-

0

.9

%

88,676

*

Aptiv

plc

$

9,301,226‌

103,000

BorgWarner,

Inc

3,961,380‌

1,727,173

Ford

Motor

Co

25,372,171‌

637,316

*

General

Motors

Co

23,109,078‌

102,860

Gentex

Corp

2,902,709‌

58,896

Harley-Davidson,

Inc

2,226,858‌

26,258

Lear

Corp

3,968,634‌

14,196

*,e

Lucid

Group,

Inc

259,077‌

107,220

*,e

QuantumScape

Corp

1,160,120‌

78,019

*,e

Rivian

Automotive,

Inc

2,676,052‌

23,168

Thor

Industries,

Inc

1,953,758‌

TOTAL

AUTOMOBILES

&

COMPONENTS

76,891,063‌

BANKS

-

7

.2

%

3,085,816

Bank

of

America

Corp

104,331,439‌

17,274

Bank

of

Hawaii

Corp

1,383,820‌

53,507

Bank

OZK

2,145,631‌

13,741

BOK

Financial

Corp

1,209,620‌

869,065

Citigroup,

Inc

45,104,473‌

213,782

Citizens

Financial

Group,

Inc

8,117,303‌

56,978

Comerica,

Inc

4,431,179‌

48,991

Commerce

Bancshares,

Inc

3,404,385‌

24,533

Cullen/Frost

Bankers,

Inc

3,199,103‌

60,456

East

West

Bancorp,

Inc

4,339,532‌

294,476

Fifth

Third

Bancorp

10,047,521‌

4,017

First

Citizens

Bancshares,

Inc

(Class

A)

3,039,584‌

56,792

First

Hawaiian,

Inc

1,447,628‌

233,725

First

Horizon

National

Corp

5,226,091‌

78,284

First

Republic

Bank

12,737,590‌

161,581

FNB

Corp

1,932,509‌

628,389

Huntington

Bancshares,

Inc

8,351,290‌

1,281,683

JPMorgan

Chase

&

Co

147,854,951‌

396,102

Keycorp

7,248,667‌

78,251

M&T

Bank

Corp

13,885,640‌

130,005

MGIC

Investment

Corp

1,838,271‌

206,969

e

New

York

Community

Bancorp,

Inc

2,198,011‌

50,839

PacWest

Bancorp

1,425,017‌

32,370

Pinnacle

Financial

Partners,

Inc

2,560,467‌

181,463

PNC

Financial

Services

Group,

Inc

30,111,970‌

33,061

Popular,

Inc

2,567,848‌

38,738

Prosperity

Bancshares,

Inc

2,870,098‌

414,112

Regions

Financial

Corp

8,770,892‌

22,805

e

Rocket

Cos,

Inc

217,104‌

25,758

Signature

Bank

4,779,912‌

9,304

*

SVB

Financial

Group

3,754,629‌

58,653

Synovus

Financial

Corp

2,368,408‌

25,874

TFS

Financial

Corp

379,054‌

587,545

Truist

Financial

Corp

29,653,396‌

94,329

Umpqua

Holdings

Corp

1,661,134‌

588,121

US

Bancorp

27,759,311‌

7,250

UWM

Holdings

Corp

27,332‌

79,389

Webster

Financial

Corp

3,687,619‌

1,665,601

Wells

Fargo

&

Co

73,069,916‌

20,546

Western

Alliance

Bancorp

1,569,303‌

25,142

Wintrust

Financial

Corp

2,163,218‌

66,030

Zions

Bancorporation

3,601,936‌

TOTAL

BANKS

596,472,802‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

152

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS

-

7

.6

%

248,739

3M

Co

$

35,629,374‌

42,614

A.O.

Smith

Corp

2,696,188‌

16,057

Acuity

Brands,

Inc

2,928,797‌

57,495

Aecom

Technology

Corp

4,139,640‌

24,199

AGCO

Corp

2,635,755‌

45,117

Air

Lease

Corp

1,674,292‌

9,226

Allegion

plc

975,188‌

11,288

Allison

Transmission

Holdings,

Inc

472,629‌

100,905

Ametek,

Inc

12,461,767‌

9,478

Armstrong

World

Industries,

Inc

846,859‌

6,683

*

Axon

Enterprise,

Inc

736,400‌

49,623

*

AZEK

Co,

Inc

1,026,204‌

165,489

*

Boeing

Co

26,364,053‌

75,268

*

Builders

FirstSource,

Inc

5,118,224‌

24,382

BWX

Technologies,

Inc

1,381,972‌

3,535

Carlisle

Cos,

Inc

1,046,713‌

371,265

Carrier

Global

Corp

15,047,370‌

30,156

Caterpillar,

Inc

5,978,427‌

18,437

*

Core

&

Main,

Inc

445,069‌

21,325

Crane

Holdings

Co

2,109,682‌

61,420

Cummins,

Inc

13,592,860‌

16,325

Curtiss-Wright

Corp

2,341,658‌

44,881

Donaldson

Co,

Inc

2,441,975‌

62,635

Dover

Corp

8,373,047‌

174,929

Eaton

Corp

25,957,714‌

176,219

Emerson

Electric

Co

15,872,045‌

20,072

Esab

Corp

827,368‌

58,744

Flowserve

Corp

1,987,897‌

157,090

Fortive

Corp

10,124,450‌

37,451

Fortune

Brands

Home

&

Security,

Inc

2,609,586‌

44,584

*

Gates

Industrial

Corp

plc

548,383‌

107,950

General

Dynamics

Corp

24,469,026‌

453,110

General

Electric

Co

33,489,360‌

24,427

Graco,

Inc

1,640,517‌

32,802

*

Hayward

Holdings,

Inc

382,799‌

1,245

HEICO

Corp

196,349‌

2,183

HEICO

Corp

(Class

A)

278,725‌

36,526

Hexcel

Corp

2,210,188‌

210,732

Honeywell

International,

Inc

40,557,481‌

148,470

Howmet

Aerospace,

Inc

5,512,691‌

23,676

Hubbell,

Inc

5,185,518‌

13,440

Huntington

Ingalls

2,914,330‌

27,346

IDEX

Corp

5,708,477‌

13,550

Illinois

Tool

Works,

Inc

2,815,148‌

172,761

Ingersoll

Rand,

Inc

8,603,498‌

36,817

ITT,

Inc

2,762,379‌

304,737

Johnson

Controls

International

plc

16,428,372‌

84,866

L3Harris

Technologies,

Inc

20,365,294‌

14,540

Lennox

International,

Inc

3,482,766‌

97,834

Masco

Corp

5,418,047‌

25,573

*

Mastec,

Inc

2,018,477‌

86,990

MDU

Resources

Group,

Inc

2,485,304‌

23,748

*

Mercury

Systems,

Inc

1,401,369‌

22,160

*

Middleby

Corp

3,206,330‌

17,453

MSC

Industrial

Direct

Co

(Class

A)

1,442,665‌

20,312

Nordson

Corp

4,691,869‌

56,829

Northrop

Grumman

Corp

27,215,408‌

71,958

nVent

Electric

plc

2,540,837‌

29,677

Oshkosh

Corp

2,555,190‌

162,705

Otis

Worldwide

Corp

12,718,650‌

44,782

Owens

Corning,

Inc

4,153,083‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

153

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

149,413

PACCAR,

Inc

$

13,674,278‌

43,328

Parker-Hannifin

Corp

12,525,692‌

72,224

Pentair

plc

3,531,031‌

114,376

*,e

Plug

Power,

Inc

2,440,784‌

28,287

Quanta

Services,

Inc

3,924,256‌

654,291

Raytheon

Technologies

Corp

60,986,464‌

29,339

Regal-Beloit

Corp

3,940,228‌

16,550

Rockwell

Automation,

Inc

4,224,884‌

67,621

Sensata

Technologies

Holding

plc

3,007,106‌

9,076

*

SiteOne

Landscape

Supply,

Inc

1,264,559‌

23,143

Snap-On,

Inc

5,185,189‌

2,336

Spirit

Aerosystems

Holdings,

Inc

(Class

A)

76,668‌

66,032

Stanley

Black

&

Decker,

Inc

6,426,895‌

92,047

*

Sunrun,

Inc

3,009,016‌

95,423

Textron,

Inc

6,263,566‌

27,223

Timken

Co

1,779,840‌

42,816

Trane

Technologies

plc

6,293,524‌

14,099

*

TransDigm

Group,

Inc

8,774,372‌

16,928

*

United

Rentals,

Inc

5,462,158‌

65,878

*

Univar

Solutions

Inc

1,781,341‌

8,328

Valmont

Industries,

Inc

2,260,885‌

111,888

Vertiv

Holdings

Co

1,277,761‌

6,795

Watsco,

Inc

1,861,490‌

9,185

*

WESCO

International,

Inc

1,174,210‌

79,263

Westinghouse

Air

Brake

Technologies

Corp

7,408,713‌

44,390

*

WillScot

Mobile

Mini

Holdings

Corp

1,713,898‌

26,698

Woodward

Inc

2,795,281‌

67,454

Xylem,

Inc

6,207,792‌

TOTAL

CAPITAL

GOODS

634,513,614‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.9

%

9,994

*

CACI

International,

Inc

(Class

A)

3,021,086‌

2,654

Cintas

Corp

1,129,250‌

209,756

*

Clarivate

Analytics

plc

3,039,364‌

22,551

*

Clean

Harbors,

Inc

2,200,752‌

147,474

*

CoStar

Group,

Inc

10,705,138‌

20,710

*

Driven

Brands

Holdings,

Inc

629,170‌

110,069

*

Dun

&

Bradstreet

Holdings,

Inc

1,734,687‌

26,613

Equifax,

Inc

5,559,722‌

8,560

*

FTI

Consulting,

Inc

1,400,074‌

10,020

*

IAA,

Inc

378,055‌

55,784

Jacobs

Engineering

Group,

Inc

7,659,143‌

21,359

KBR,

Inc

1,136,940‌

59,256

Leidos

Holdings,

Inc

6,340,392‌

23,350

Manpower,

Inc

1,830,873‌

11,920

MSA

Safety,

Inc

1,529,813‌

153,521

Nielsen

NV

3,676,828‌

84,533

Republic

Services,

Inc

11,721,346‌

5,809

Robert

Half

International,

Inc

459,724‌

6,268

Rollins,

Inc

241,757‌

24,890

Science

Applications

International

Corp

2,411,094‌

40,178

*

Stericycle,

Inc

1,883,143‌

13,739

Tetra

Tech,

Inc

2,105,777‌

22,502

TransUnion

1,782,833‌

11,457

Waste

Management,

Inc

1,885,364‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

74,462,325‌

CONSUMER

DURABLES

&

APPAREL

-

0

.9

%

29,176

Brunswick

Corp

2,337,581‌

65,684

*

Capri

Holdings

Ltd

3,197,497‌

18,771

Carter's,

Inc

1,529,461‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

154

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

14,127

Columbia

Sportswear

Co

$

1,045,539‌

1,385

*

Deckers

Outdoor

Corp

433,796‌

67,313

DR

Horton,

Inc

5,252,433‌

65,670

Garmin

Ltd

6,410,706‌

152,563

Hanesbrands,

Inc

1,705,654‌

55,707

Hasbro,

Inc

4,385,255‌

57,852

Leggett

&

Platt,

Inc

2,293,253‌

111,385

Lennar

Corp

(Class

A)

9,467,725‌

5,425

Lennar

Corp

(Class

B)

368,249‌

79,717

*

Mattel,

Inc

1,849,435‌

23,589

*

Mohawk

Industries,

Inc

3,030,715‌

164,773

Newell

Brands

Inc

3,330,062‌

413

*

NVR,

Inc

1,814,350‌

130,391

*

Peloton

Interactive,

Inc

1,237,411‌

7,588

e

Polaris

Inc

889,921‌

63,040

Pulte

Homes,

Inc

2,749,805‌

27,387

PVH

Corp

1,695,803‌

20,931

Ralph

Lauren

Corp

2,064,425‌

50,292

*

Skechers

U.S.A.,

Inc

(Class

A)

1,909,084‌

100,558

Tapestry,

Inc

3,381,766‌

74,996

Tempur

Sealy

International,

Inc

2,060,890‌

26,366

Toll

Brothers,

Inc

1,296,680‌

1,970

*

TopBuild

Corp

417,088‌

82,942

*

Under

Armour,

Inc

(Class

A)

768,043‌

83,055

*

Under

Armour,

Inc

(Class

C)

686,034‌

153,062

VF

Corp

6,838,810‌

24,290

Whirlpool

Corp

4,199,012‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

78,646,483‌

CONSUMER

SERVICES

-

1

.9

%

106,769

ADT,

Inc

779,414‌

100,032

ARAMARK

Holdings

Corp

3,341,069‌

35,091

Boyd

Gaming

Corp

1,947,901‌

18,574

*

Bright

Horizons

Family

Solutions

1,739,827‌

32,484

*

Caesars

Entertainment,

Inc

1,484,194‌

386,758

*

Carnival

Corp

3,504,027‌

14,727

Darden

Restaurants,

Inc

1,833,364‌

4,231

Domino's

Pizza,

Inc

1,659,017‌

13,926

*

Grand

Canyon

Education,

Inc

1,337,871‌

10,675

H&R

Block,

Inc

426,573‌

33,261

Hilton

Worldwide

Holdings,

Inc

4,259,736‌

21,192

*

Hyatt

Hotels

Corp

1,753,638‌

90,812

*

Las

Vegas

Sands

Corp

3,422,704‌

17,902

Marriott

Vacations

Worldwide

Corp

2,451,142‌

245,210

McDonald's

Corp

64,580,958‌

155,822

MGM

Resorts

International

5,100,054‌

6,577

*,e

Mister

Car

Wash,

Inc

76,293‌

164,192

*,e

Norwegian

Cruise

Line

Holdings

Ltd

1,994,933‌

72,719

*

Penn

National

Gaming,

Inc

2,512,441‌

11,175

*

Planet

Fitness,

Inc

880,702‌

94,253

*

Royal

Caribbean

Cruises

Ltd

3,648,534‌

68,496

Service

Corp

International

5,100,212‌

17,531

*

Six

Flags

Entertainment

Corp

397,428‌

321,671

Starbucks

Corp

27,271,267‌

50,361

*

Terminix

Global

Holdings,

Inc

2,251,137‌

8,336

Travel

&

Leisure

Co

359,365‌

950

Vail

Resorts,

Inc

225,273‌

14,548

Wyndham

Hotels

&

Resorts,

Inc

1,009,777‌

40,649

*

Wynn

Resorts

Ltd

2,580,399‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

155

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

SERVICES—continued

112,461

Yum!

Brands,

Inc

$

13,780,971‌

TOTAL

CONSUMER

SERVICES

161,710,221‌

DIVERSIFIED

FINANCIALS

-

9

.6

%

17,812

Affiliated

Managers

Group,

Inc

2,251,081‌

219,220

AGNC

Investment

Corp

2,764,364‌

142,435

Ally

Financial,

Inc

4,710,325‌

248,937

American

Express

Co

38,341,277‌

17,407

Ameriprise

Financial,

Inc

4,698,497‌

682,097

Annaly

Capital

Management,

Inc

4,692,827‌

47,862

Apollo

Global

Management,

Inc

2,732,920‌

321,695

Bank

of

New

York

Mellon

Corp

13,980,865‌

792,825

*

Berkshire

Hathaway,

Inc

(Class

B)

238,323,195‌

66,150

BlackRock,

Inc

44,266,257‌

173,377

Capital

One

Financial

Corp

19,041,996‌

90,638

Carlyle

Group,

Inc

3,526,725‌

45,728

CBOE

Global

Markets,

Inc

5,641,921‌

296,466

Charles

Schwab

Corp

20,470,977‌

158,316

CME

Group,

Inc

31,580,876‌

67,863

*,e

Coinbase

Global,

Inc

4,272,654‌

2,940

*,e

Credit

Acceptance

Corp

1,693,175‌

122,903

Discover

Financial

Services

12,413,203‌

167,654

Equitable

Holdings,

Inc

4,766,403‌

15,835

Evercore

Inc

1,583,025‌

125,518

Franklin

Resources,

Inc

3,445,469‌

146,573

Goldman

Sachs

Group,

Inc

48,865,972‌

40,653

Interactive

Brokers

Group,

Inc

(Class

A)

2,385,925‌

241,833

Intercontinental

Exchange

Group,

Inc

24,664,548‌

163,456

Invesco

Ltd

2,899,709‌

273,560

iShares

Russell

1000

Value

Index

Fund

42,273,227‌

60,313

Janus

Henderson

Group

plc

1,554,266‌

95,419

Jefferies

Financial

Group,

Inc

3,107,797‌

250,466

KKR

&

Co,

Inc

13,890,844‌

44,161

Lazard

Ltd

(Class

A)

1,663,545‌

3,992

Moody's

Corp

1,238,518‌

559,286

Morgan

Stanley

47,147,810‌

946

Morningstar,

Inc

241,561‌

8,528

MSCI,

Inc

(Class

A)

4,104,867‌

50,505

Nasdaq

Inc

9,136,354‌

195,914

New

Residential

Investment

Corp

2,137,422‌

90,005

Northern

Trust

Corp

8,980,699‌

51,469

OneMain

Holdings,

Inc

1,914,647‌

78,410

Raymond

James

Financial,

Inc

7,721,033‌

243,262

*

Robinhood

Markets,

Inc

2,201,521‌

149,571

S&P

Global,

Inc

56,377,797‌

44,882

SEI

Investments

Co

2,484,668‌

124,101

SLM

Corp

1,935,976‌

348,042

*,e

SoFi

Technologies,

Inc

2,196,145‌

119,692

Starwood

Property

Trust,

Inc

2,827,125‌

160,664

State

Street

Corp

11,413,571‌

43,860

Stifel

Financial

Corp

2,623,267‌

218,814

Synchrony

Financial

7,325,893‌

98,002

T

Rowe

Price

Group,

Inc

12,100,307‌

17,354

Tradeweb

Markets,

Inc

1,223,804‌

25,989

*,e

Upstart

Holdings,

Inc

632,312‌

40,474

Virtu

Financial,

Inc

944,258‌

44,462

Voya

Financial,

Inc

2,674,834‌

TOTAL

DIVERSIFIED

FINANCIALS

796,088,254‌

ENERGY

-

7

.5

%

157,206

Antero

Midstream

Corp

1,581,492‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

156

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

44,907

*

Antero

Resources

Corp

$

1,780,114‌

147,565

APA

Corp

5,484,991‌

405,456

Baker

Hughes

Co

10,416,165‌

291,457

Cabot

Oil

&

Gas

Corp

8,915,670‌

47,133

Cheniere

Energy,

Inc

7,050,154‌

55,833

Chesapeake

Energy

Corp

5,257,794‌

863,543

Chevron

Corp

141,431,073‌

569,659

ConocoPhillips

55,501,876‌

3,898

Continental

Resources,

Inc

268,533‌

147,227

Devon

Energy

Corp

9,253,217‌

33,267

Diamondback

Energy,

Inc

4,258,841‌

41,411

DT

Midstream,

Inc

2,278,847‌

68,947

EOG

Resources,

Inc

7,668,285‌

161,351

EQT

Corp

7,104,285‌

1,852,501

Exxon

Mobil

Corp

179,562,922‌

215,230

Halliburton

Co

6,306,239‌

26,760

Hess

Corp

3,009,697‌

66,010

HF

Sinclair

Corp

3,156,598‌

870,275

Kinder

Morgan,

Inc

15,656,247‌

308,900

Marathon

Oil

Corp

7,660,720‌

236,688

Marathon

Petroleum

Corp

21,694,822‌

171,333

NOV,

Inc

3,188,507‌

62,380

Occidental

Petroleum

Corp

4,101,485‌

172,668

ONEOK,

Inc

10,315,186‌

32,572

Ovintiv,

Inc

1,664,104‌

19,217

PDC

Energy,

Inc

1,262,365‌

210,743

Phillips

66

18,756,127‌

48,543

Pioneer

Natural

Resources

Co

11,502,264‌

39,135

*

Range

Resources

Corp

1,294,194‌

619,022

Schlumberger

Ltd

22,922,385‌

452,635

*

Southwestern

Energy

Co

3,195,603‌

178,400

Valero

Energy

Corp

19,761,368‌

533,412

Williams

Cos,

Inc

18,184,015‌

TOTAL

ENERGY

621,446,185‌

FOOD

&

STAPLES

RETAILING

-

1

.5

%

74,726

Albertsons

Cos,

Inc

2,006,393‌

21,645

*

BJ's

Wholesale

Club

Holdings,

Inc

1,465,366‌

15,666

Casey's

General

Stores,

Inc

3,174,715‌

37,562

*

Grocery

Outlet

Holding

Corp

1,604,649‌

287,168

Kroger

Co

13,336,082‌

46,005

*

Performance

Food

Group

Co

2,286,909‌

96,502

*

US

Foods

Holding

Corp

3,039,813‌

314,207

Walgreens

Boots

Alliance,

Inc

12,448,881‌

633,792

Walmart,

Inc

83,692,234‌

TOTAL

FOOD

&

STAPLES

RETAILING

123,055,042‌

FOOD,

BEVERAGE

&

TOBACCO

-

4

.1

%

793,851

Altria

Group,

Inc

34,818,305‌

245,363

Archer-Daniels-Midland

Co

20,308,695‌

9,868

Brown-Forman

Corp

(Class

A)

714,443‌

33,121

Brown-Forman

Corp

(Class

B)

2,458,241‌

61,344

*

Bunge

Ltd

5,663,891‌

83,903

Campbell

Soup

Co

4,140,613‌

431,592

Coca-Cola

Co

27,695,259‌

201,483

ConAgra

Brands,

Inc

6,892,733‌

67,892

Constellation

Brands,

Inc

(Class

A)

16,722,478‌

65,794

*

Darling

International,

Inc

4,558,208‌

81,385

Flowers

Foods,

Inc

2,312,148‌

8,776

*

Freshpet,

Inc

468,989‌

263,889

General

Mills,

Inc

19,736,258‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

157

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

8,512

Hershey

Co

$

1,940,396‌

125,532

Hormel

Foods

Corp

6,193,749‌

29,413

Ingredion,

Inc

2,675,995‌

44,533

J.M.

Smucker

Co

5,892,607‌

49,967

Kellogg

Co

3,693,561‌

375,584

Keurig

Dr

Pepper,

Inc

14,550,124‌

306,077

Kraft

Heinz

Co

11,272,816‌

109,771

McCormick

&

Co,

Inc

9,588,497‌

76,495

Molson

Coors

Brewing

Co

(Class

B)

4,570,576‌

609,366

Mondelez

International,

Inc

39,023,799‌

12,568

*

Monster

Beverage

Corp

1,252,024‌

93,923

PepsiCo,

Inc

16,432,768‌

681,528

Philip

Morris

International,

Inc

66,210,445‌

14,222

*

Pilgrim's

Pride

Corp

446,144‌

26,505

*

Post

Holdings,

Inc

2,304,345‌

118

Seaboard

Corp

479,156‌

125,603

*

Tyson

Foods,

Inc

(Class

A)

11,054,320‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

344,071,583‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

6

.4

%

654,542

Abbott

Laboratories

71,240,351‌

39,690

*

Acadia

Healthcare

Co,

Inc

3,290,698‌

4,438

*

agilon

health,

Inc

111,083‌

8,589

*

Align

Technology,

Inc

2,413,251‌

13,998

*

Amedisys,

Inc

1,677,660‌

186,076

Baxter

International,

Inc

10,915,218‌

124,446

Becton

Dickinson

&

Co

30,403,402‌

625,375

*

Boston

Scientific

Corp

25,671,644‌

119,303

Cardinal

Health,

Inc

7,105,687‌

254,808

*

Centene

Corp

23,689,500‌

23,026

*

Certara,

Inc

529,368‌

106,060

*

Change

Healthcare,

Inc

2,574,076‌

4,121

Chemed

Corp

1,982,572‌

115,131

Cigna

Corp

31,702,472‌

20,557

Cooper

Cos,

Inc

6,722,139‌

574,556

CVS

Health

Corp

54,973,518‌

5,205

*,e

Definitive

Healthcare

Corp

135,226‌

94,162

Dentsply

Sirona,

Inc

3,404,898‌

22,419

*,e

Doximity,

Inc

948,772‌

73,537

Elevance

Health,

Inc

35,084,503‌

42,873

Encompass

Health

Corp

2,170,231‌

21,436

*

Enhabit,

Inc

375,344‌

20,072

*

Enovis

Corp

1,198,700‌

69,923

*

Envista

Holdings

Corp

2,842,370‌

32,007

*

Globus

Medical,

Inc

1,878,491‌

92,799

HCA

Healthcare,

Inc

19,712,364‌

61,264

*

Henry

Schein,

Inc

4,829,441‌

107,711

*

Hologic,

Inc

7,688,411‌

16,288

Humana,

Inc

7,850,816‌

8,561

*

ICU

Medical,

Inc

1,516,752‌

30,729

*

Integra

LifeSciences

Holdings

Corp

1,691,324‌

12,390

*

Intuitive

Surgical,

Inc

2,851,806‌

40,571

Laboratory

Corp

of

America

Holdings

10,637,311‌

5,916

*

Masimo

Corp

855,335‌

51,115

McKesson

Corp

17,459,862‌

588,435

Medtronic

plc

54,442,006‌

5,676

*

Molina

Healthcare,

Inc

1,860,139‌

50,996

*,e

Oak

Street

Health,

Inc

1,476,334‌

53,670

Premier,

Inc

2,064,148‌

51,703

Quest

Diagnostics,

Inc

7,061,079‌

21,628

*

QuidelOrtho

Corp

2,206,921‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

158

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

27,366

*,e

Signify

Health,

Inc

$

468,232‌

37,322

STERIS

plc

8,421,709‌

71,613

Stryker

Corp

15,378,892‌

1,936

*

Tandem

Diabetes

Care,

Inc

128,183‌

65,619

*

Teladoc,

Inc

2,418,060‌

20,543

Teleflex,

Inc

4,939,770‌

46,535

*

Tenet

Healthcare

Corp

3,076,894‌

37,354

UnitedHealth

Group,

Inc

20,258,568‌

30,501

Universal

Health

Services,

Inc

(Class

B)

3,430,448‌

91,873

Zimmer

Biomet

Holdings,

Inc

10,141,861‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

535,907,840‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.3

%

58,171

Church

&

Dwight

Co,

Inc

5,117,303‌

10,770

Clorox

Co

1,527,617‌

139,701

Colgate-Palmolive

Co

11,000,057‌

154,111

*

Coty,

Inc

1,128,092‌

60,008

Kimberly-Clark

Corp

7,908,454‌

602,970

Procter

&

Gamble

Co

83,758,563‌

23,360

Reynolds

Consumer

Products,

Inc

678,841‌

17,607

Spectrum

Brands

Holdings,

Inc

1,224,391‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

112,343,318‌

INSURANCE

-

3

.3

%

279,746

Aflac,

Inc

16,029,446‌

4,986

*

Alleghany

Corp

4,175,675‌

120,378

Allstate

Corp

14,080,615‌

29,150

American

Financial

Group,

Inc

3,896,772‌

347,198

American

International

Group,

Inc

17,974,440‌

5,347

Aon

plc

1,556,191‌

106,550

*

Arch

Capital

Group

Ltd

4,730,820‌

80,732

Arthur

J.

Gallagher

&

Co

14,450,221‌

22,234

Assurant,

Inc

3,908,292‌

27,764

Assured

Guaranty

Ltd

1,621,140‌

31,866

Axis

Capital

Holdings

Ltd

1,608,914‌

32,303

*

Brighthouse

Financial,

Inc

1,402,596‌

95,729

Brown

&

Brown,

Inc

6,231,958‌

184,796

Chubb

Ltd

34,859,917‌

68,478

Cincinnati

Financial

Corp

6,665,649‌

16,204

CNA

Financial

Corp

687,374‌

3,323

Erie

Indemnity

Co

(Class

A)

675,765‌

11,773

Everest

Re

Group

Ltd

3,076,874‌

114,727

Fidelity

National

Financial

Inc

4,584,491‌

46,672

First

American

Financial

Corp

2,706,976‌

41,906

Globe

Life,

Inc

4,221,191‌

15,500

Hanover

Insurance

Group,

Inc

2,115,285‌

143,950

Hartford

Financial

Services

Group,

Inc

9,280,456‌

27,102

Kemper

Corp

1,268,374‌

59,501

Lincoln

National

Corp

3,054,781‌

89,647

Loews

Corp

5,221,938‌

4,510

*

Markel

Corp

5,850,101‌

23,509

Marsh

&

McLennan

Cos,

Inc

3,854,536‌

301,336

Metlife,

Inc

19,059,502‌

124,026

Old

Republic

International

Corp

2,886,085‌

16,845

Primerica,

Inc

2,167,783‌

109,763

Principal

Financial

Group

7,347,535‌

33,264

Progressive

Corp

3,827,356‌

164,607

Prudential

Financial,

Inc

16,459,054‌

29,686

Reinsurance

Group

of

America,

Inc

(Class

A)

3,437,045‌

10,045

RenaissanceRe

Holdings

Ltd

1,298,919‌

104,946

Travelers

Cos,

Inc

16,654,930‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

159

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

INSURANCE—continued

89,093

Unum

Group

$

2,867,904‌

90,139

W.R.

Berkley

Corp

5,636,392‌

1,322

White

Mountains

Insurance

Group

Ltd

1,638,526‌

48,556

Willis

Towers

Watson

plc

10,048,179‌

TOTAL

INSURANCE

273,119,998‌

MATERIALS

-

4

.2

%

97,996

Air

Products

&

Chemicals,

Inc

24,325,547‌

24,857

Albemarle

Corp

6,072,814‌

81,000

Alcoa

Corp

4,122,090‌

652,553

Amcor

plc

8,450,561‌

29,240

Aptargroup,

Inc

3,150,902‌

10,402

†

Ardagh

Group

S.A.

175,794‌

59,564

Ardagh

Metal

Packaging

S.A.

402,653‌

21,717

Ashland

Global

Holdings,

Inc

2,181,907‌

13,726

Avery

Dennison

Corp

2,614,254‌

73,888

*

Axalta

Coating

Systems

Ltd

1,863,455‌

82,709

Ball

Corp

6,072,495‌

29,522

*

Berry

Global

Group,

Inc

1,701,943‌

47,417

Celanese

Corp

(Series

A)

5,571,972‌

26,826

Chemours

Co

954,737‌

226,934

*

Cleveland-Cliffs,

Inc

4,019,001‌

317,347

Corteva,

Inc

18,263,320‌

6,146

Crown

Holdings,

Inc

624,925‌

319,130

Dow,

Inc

16,980,907‌

222,964

DuPont

de

Nemours,

Inc

13,652,086‌

2,919

Eagle

Materials,

Inc

369,108‌

58,454

Eastman

Chemical

Co

5,607,492‌

12,047

Ecolab,

Inc

1,989,803‌

95,900

Element

Solutions,

Inc

1,894,984‌

36,290

FMC

Corp

4,031,819‌

633,335

Freeport-McMoRan,

Inc

(Class

B)

19,981,719‌

286,708

*,e

Ginkgo

Bioworks

Holdings,

Inc

819,985‌

30,661

Graphic

Packaging

Holding

Co

682,207‌

87,760

Huntsman

Corp

2,541,530‌

111,606

International

Flavors

&

Fragrances,

Inc

13,844,724‌

163,008

International

Paper

Co

6,971,852‌

174,771

Linde

plc

52,780,842‌

33,185

Louisiana-Pacific

Corp

2,111,562‌

112,530

LyondellBasell

Industries

NV

10,028,674‌

24,838

Martin

Marietta

Materials,

Inc

8,744,963‌

138,842

Mosaic

Co

7,311,420‌

2,878

NewMarket

Corp

894,482‌

348,079

Newmont

Goldcorp

Corp

15,761,017‌

115,921

Nucor

Corp

15,742,072‌

61,251

Olin

Corp

3,201,590‌

40,388

Packaging

Corp

of

America

5,678,957‌

48,399

PPG

Industries,

Inc

6,257,507‌

27,709

Reliance

Steel

&

Aluminum

Co

5,271,637‌

28,171

Royal

Gold,

Inc

2,951,476‌

53,026

RPM

International,

Inc

4,793,550‌

11,626

Scotts

Miracle-Gro

Co

(Class

A)

1,034,133‌

37,238

Silgan

Holdings,

Inc

1,657,091‌

40,037

Sonoco

Products

Co

2,541,949‌

12,789

Southern

Copper

Corp

636,892‌

92,799

SSR

Mining,

Inc

1,527,471‌

78,329

Steel

Dynamics,

Inc

6,100,262‌

118,272

United

States

Steel

Corp

2,797,133‌

29,686

Vulcan

Materials

Co

4,907,986‌

14,444

Westlake

Chemical

Corp

1,405,979‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

160

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

112,441

WestRock

Co

$

4,763,001‌

TOTAL

MATERIALS

348,838,232‌

MEDIA

&

ENTERTAINMENT

-

6

.0

%

343,387

Activision

Blizzard,

Inc

27,453,791‌

344,860

*

Alphabet,

Inc

(Class

A)

40,114,115‌

315,140

*

Alphabet,

Inc

(Class

C)

36,757,930‌

91,590

*

Altice

USA,

Inc

962,611‌

226,261

*

AMC

Entertainment

Holdings,

Inc

3,294,360‌

1,093

Cable

One,

Inc

1,504,711‌

1,949,151

Comcast

Corp

(Class

A)

73,132,146‌

107,769

*

DISH

Network

Corp

(Class

A)

1,871,948‌

115,142

Electronic

Arts,

Inc

15,110,085‌

131,439

Fox

Corp

(Class

A)

4,351,945‌

63,346

Fox

Corp

(Class

B)

1,957,391‌

32,870

*

IAC

2,251,595‌

170,286

Interpublic

Group

of

Cos,

Inc

5,086,443‌

4,879

Liberty

Broadband

Corp

(Class

A)

526,590‌

30,208

*

Liberty

Broadband

Corp

(Class

C)

3,290,557‌

8,554

*

Liberty

Media

Group

(Class

A)

530,262‌

78,028

*

Liberty

Media

Group

(Class

C)

5,287,958‌

23,729

Liberty

SiriusXM

Group

(Class

A)

945,601‌

48,921

*

Liberty

SiriusXM

Group

(Class

C)

1,948,034‌

35,620

*

Live

Nation,

Inc

3,347,924‌

4,999

*

Madison

Square

Garden

Co

768,746‌

7,859

*

Match

Group,

Inc

576,143‌

793,011

*

Meta

Platforms,

Inc

126,168,050‌

105,341

*

Netflix,

Inc

23,691,191‌

69,681

New

York

Times

Co

(Class

A)

2,226,308‌

166,229

News

Corp

(Class

A)

2,849,165‌

53,175

News

Corp

(Class

B)

918,864‌

16,488

Nexstar

Media

Group

Inc

3,105,845‌

88,237

Omnicom

Group,

Inc

6,162,472‌

901

Paramount

Global

(Class

A)

24,363‌

257,411

Paramount

Global

(Class

B)

6,087,770‌

198,361

*

Pinterest,

Inc

3,864,072‌

37,595

*

Roku,

Inc

2,463,224‌

345,820

e

Sirius

XM

Holdings,

Inc

2,310,078‌

11,929

*

Take-Two

Interactive

Software,

Inc

1,583,336‌

41,086

*

TripAdvisor,

Inc

781,045‌

24,175

*

Twitter,

Inc

1,005,922‌

745,130

*

Walt

Disney

Co

79,058,293‌

274,803

*

Warner

Bros

Discovery,

Inc

4,122,045‌

TOTAL

MEDIA

&

ENTERTAINMENT

497,492,929‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

10

.1

%

4,141

*

10X

Genomics,

Inc

166,261‌

11,966

Agilent

Technologies,

Inc

1,604,641‌

37,448

Amgen,

Inc

9,267,257‌

18,957

*

Avantor,

Inc

550,132‌

63,845

*

Biogen,

Inc

13,730,506‌

81,252

*

BioMarin

Pharmaceutical,

Inc

6,991,735‌

9,224

*

Bio-Rad

Laboratories,

Inc

(Class

A)

5,195,510‌

934,456

Bristol-Myers

Squibb

Co

68,944,164‌

32,422

Brooks

Automation,

Inc

2,213,126‌

50,896

*

Catalent,

Inc

5,756,338‌

1,350

*

Charles

River

Laboratories

International,

Inc

338,229‌

265,372

Danaher

Corp

77,347,977‌

196,078

*

Elanco

Animal

Health,

Inc

3,972,540‌

69,421

Eli

Lilly

&

Co

22,887,409‌

62,683

*

Exact

Sciences

Corp

2,827,003‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

161

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

19,168

*

Exelixis,

Inc

$

400,995‌

553,962

Gilead

Sciences,

Inc

33,099,229‌

6,883

*

Horizon

Therapeutics

Plc

571,082‌

68,843

*

Illumina,

Inc

14,916,901‌

11,439

*

Incyte

Corp

888,581‌

4,767

*

Ionis

Pharmaceuticals,

Inc

179,048‌

26,811

*

Jazz

Pharmaceuticals

plc

4,184,125‌

1,156,584

Johnson

&

Johnson

201,847,040‌

646,758

Merck

&

Co,

Inc

57,781,360‌

18,838

*

Mirati

Therapeutics,

Inc

1,213,167‌

141,530

*

Moderna,

Inc

23,223,658‌

2,288

*

Natera,

Inc

107,536‌

109,070

Organon

&

Co

3,459,700‌

55,694

*

PerkinElmer,

Inc

8,530,650‌

58,349

Perrigo

Co

plc

2,443,073‌

2,483,707

Pfizer,

Inc

125,452,041‌

99,857

*

QIAGEN

NV

4,956,901‌

39,080

*

Regeneron

Pharmaceuticals,

Inc

22,732,445‌

6,973

*

Repligen

Corp

1,487,759‌

160,714

Royalty

Pharma

plc

6,989,452‌

38,100

*

Syneos

Health,

Inc

3,015,234‌

151,018

Thermo

Fisher

Scientific,

Inc

90,370,681‌

7,093

*

Ultragenyx

Pharmaceutical,

Inc

377,915‌

20,155

*

United

Therapeutics

Corp

4,657,216‌

6,276

*

Vertex

Pharmaceuticals,

Inc

1,759,853‌

535,000

Viatris,

Inc

5,184,150‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

841,622,620‌

REAL

ESTATE

-

5

.2

%

72,100

Alexandria

Real

Estate

Equities,

Inc

11,952,738‌

60,635

American

Campus

Communities,

Inc

3,960,678‌

127,451

American

Homes

4

Rent

4,827,844‌

47,384

American

Tower

Corp

12,833,009‌

114,295

Americold

Realty

Trust

3,743,161‌

67,604

Apartment

Income

REIT

Corp

3,065,165‌

61,165

AvalonBay

Communities,

Inc

13,085,640‌

67,038

Boston

Properties,

Inc

6,111,184‌

132,834

Brixmor

Property

Group,

Inc

3,079,092‌

42,875

Camden

Property

Trust

6,049,663‌

73,973

CBRE

Group,

Inc

6,333,568‌

67,690

Cousins

Properties,

Inc

2,088,237‌

97,860

CubeSmart

4,488,838‌

124,391

Digital

Realty

Trust,

Inc

16,475,588‌

72,900

Douglas

Emmett,

Inc

1,723,356‌

167,938

Duke

Realty

Corp

10,506,201‌

18,008

EastGroup

Properties,

Inc

3,071,084‌

33,388

EPR

Properties

1,796,608‌

9,793

Equinix,

Inc

6,891,726‌

30,108

Equity

Lifestyle

Properties,

Inc

2,213,540‌

162,167

Equity

Residential

12,712,271‌

28,664

Essex

Property

Trust,

Inc

8,213,096‌

51,838

Extra

Space

Storage,

Inc

9,824,338‌

32,976

Federal

Realty

Investment

Trust

3,482,595‌

54,217

First

Industrial

Realty

Trust,

Inc

2,816,573‌

103,578

Gaming

and

Leisure

Properties,

Inc

5,385,020‌

166,541

Healthcare

Realty

Trust,

Inc

4,371,701‌

232,617

Healthpeak

Properties

Inc

6,427,208‌

47,360

Highwoods

Properties,

Inc

1,684,595‌

306,396

Host

Hotels

and

Resorts,

Inc

5,456,913‌

17,193

*

Howard

Hughes

Corp

1,218,812‌

65,811

Hudson

Pacific

Properties

989,797‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

162

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

267,221

Invitation

Homes,

Inc

$

10,429,636‌

36,465

Iron

Mountain,

Inc

1,768,188‌

53,371

JBG

SMITH

Properties

1,357,758‌

21,300

*

Jones

Lang

LaSalle,

Inc

4,061,271‌

50,345

Kilroy

Realty

Corp

2,727,692‌

266,912

Kimco

Realty

Corp

5,901,424‌

4,668

Lamar

Advertising

Co

471,748‌

36,995

Life

Storage,

Inc

4,657,301‌

256,612

Medical

Properties

Trust,

Inc

4,423,991‌

49,545

Mid-America

Apartment

Communities,

Inc

9,201,993‌

79,447

National

Retail

Properties,

Inc

3,782,472‌

37,157

National

Storage

Affiliates

Trust

2,037,690‌

101,834

Omega

Healthcare

Investors,

Inc

3,156,854‌

180,952

*,e

Opendoor

Technologies,

Inc

888,474‌

96,510

Park

Hotels

&

Resorts,

Inc

1,504,591‌

325,690

Prologis,

Inc

43,173,466‌

14,107

Public

Storage,

Inc

4,604,666‌

63,958

Rayonier,

Inc

2,414,415‌

267,021

Realty

Income

Corp

19,756,884‌

73,842

Regency

Centers

Corp

4,757,640‌

69,560

Rexford

Industrial

Realty,

Inc

4,549,920‌

36,054

SBA

Communications

Corp

12,106,573‌

73,571

Simon

Property

Group,

Inc

7,992,753‌

27,352

SL

Green

Realty

Corp

1,358,027‌

58,580

Spirit

Realty

Capital,

Inc

2,597,437‌

112,826

STORE

Capital

Corp

3,274,211‌

52,530

Sun

Communities,

Inc

8,612,819‌

138,914

UDR,

Inc

6,723,438‌

175,305

Ventas,

Inc

9,427,903‌

421,239

VICI

Properties,

Inc

14,402,161‌

76,892

Vornado

Realty

Trust

2,336,748‌

199,038

Welltower,

Inc

17,184,941‌

56,894

*,e

WeWork,

Inc

271,384‌

327,142

Weyerhaeuser

Co

11,881,797‌

82,769

WP

Carey,

Inc

7,391,272‌

23,928

*

Zillow

Group,

Inc

(Class

A)

837,480‌

67,384

*

Zillow

Group,

Inc

(Class

C)

2,350,354‌

TOTAL

REAL

ESTATE

431,257,211‌

RETAILING

-

2

.2

%

24,624

Advance

Auto

Parts,

Inc

4,767,699‌

16,909

*

Autonation,

Inc

2,007,775‌

799

*

AutoZone,

Inc

1,707,775‌

104,621

Bath

&

Body

Works,

Inc

3,718,230‌

60,466

Best

Buy

Co,

Inc

4,655,277‌

1,655

*

Burlington

Stores,

Inc

233,570‌

62,084

*

CarMax,

Inc

6,179,841‌

26,951

e

Dick's

Sporting

Goods,

Inc

2,522,344‌

64,205

*

Dollar

Tree,

Inc

10,616,939‌

12,582

*

DoorDash,

Inc

877,595‌

213,418

eBay,

Inc

10,378,517‌

117,528

*,e

GameStop

Corp

(Class

A)

3,997,127‌

81,332

Gap,

Inc

782,414‌

55,871

Genuine

Parts

Co

8,541,000‌

190,215

Home

Depot,

Inc

57,243,302‌

59,794

Kohl's

Corp

1,742,397‌

5,340

*

Leslie's,

Inc

80,955‌

12,476

Lithia

Motors,

Inc

(Class

A)

3,309,633‌

114,679

LKQ

Corp

6,288,996‌

39,717

Lowe's

Companies,

Inc

7,606,997‌

124,590

Macy's,

Inc

2,199,014‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

163

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

RETAILING—continued

13,245

Nordstrom,

Inc

$

311,390‌

28,048

*

Ollie's

Bargain

Outlet

Holdings,

Inc

1,653,430‌

16,936

*

O'Reilly

Automotive,

Inc

11,916,000‌

11,762

Penske

Auto

Group,

Inc

1,346,631‌

35,226

*,e

Petco

Health

&

Wellness

Co,

Inc

490,346‌

4,767

*

RH

1,332,043‌

87,076

Ross

Stores,

Inc

7,075,796‌

91,139

Target

Corp

14,890,290‌

10,532

*

Victoria's

Secret

&

Co

389,263‌

14,419

*,e

Wayfair,

Inc

777,328‌

7,727

e

Williams-Sonoma,

Inc

1,115,933‌

TOTAL

RETAILING

180,755,847‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

2

.6

%

150,081

*

Advanced

Micro

Devices,

Inc

14,178,152‌

184,397

Analog

Devices,

Inc

31,708,908‌

25,315

*

Cirrus

Logic,

Inc

2,163,420‌

49,077

*

First

Solar,

Inc

4,866,966‌

20,733

*,e

GLOBALFOUNDRIES,

Inc

1,067,335‌

1,799,964

Intel

Corp

65,356,693‌

371,679

Marvell

Technology,

Inc

20,695,087‌

36,938

Microchip

Technology,

Inc

2,543,551‌

396,413

Micron

Technology,

Inc

24,522,108‌

24,297

MKS

Instruments,

Inc

2,871,905‌

71,439

*

ON

Semiconductor

Corp

4,770,696‌

46,814

*

Qorvo,

Inc

4,871,933‌

70,416

Skyworks

Solutions,

Inc

7,666,894‌

6,516

Teradyne,

Inc

657,399‌

128,841

Texas

Instruments,

Inc

23,048,367‌

49,588

*

Wolfspeed,

Inc

4,130,680‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

215,120,094‌

SOFTWARE

&

SERVICES

-

4

.3

%

76,859

*,e

Affirm

Holdings,

Inc

2,062,895‌

68,203

*

Akamai

Technologies,

Inc

6,562,493‌

52,502

Amdocs

Ltd

4,570,824‌

18,021

*

Ansys,

Inc

5,027,679‌

15,147

Automatic

Data

Processing,

Inc

3,652,245‌

42,720

*

Bill.Com

Holdings,

Inc

5,770,618‌

61,373

*

Black

Knight,

Inc

4,030,979‌

226,678

*

Block,

Inc

17,241,129‌

4,575

Broadridge

Financial

Solutions,

Inc

734,516‌

45,306

*

CCC

Intelligent

Solutions

Holdings,

Inc

452,607‌

48,539

*

Ceridian

HCM

Holding,

Inc

2,658,481‌

29,239

Citrix

Systems,

Inc

2,965,127‌

228,409

Cognizant

Technology

Solutions

Corp

(Class

A)

15,522,676‌

19,938

Concentrix

Corp

2,666,907‌

14,623

*

Coupa

Software,

Inc

956,637‌

27,604

Dolby

Laboratories,

Inc

(Class

A)

2,136,550‌

3,604

*

DoubleVerify

Holdings,

Inc

82,640‌

8,345

*

Dropbox,

Inc

189,765‌

110,424

*

DXC

Technology

Co

3,489,398‌

6,358

*

Euronet

Worldwide,

Inc

624,801‌

267,331

Fidelity

National

Information

Services,

Inc

27,310,535‌

100,543

*

FireEye,

Inc

2,290,369‌

238,685

*

Fiserv,

Inc

25,224,231‌

37,324

Genpact

Ltd

1,794,538‌

122,594

Global

Payments,

Inc

14,995,698‌

61,098

*

GoDaddy,

Inc

4,532,250‌

36,069

*

Guidewire

Software,

Inc

2,803,283‌

15,363

*,e

Informatica,

Inc

351,813‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

164

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

130,958

International

Business

Machines

Corp

$

17,127,997‌

4,374

*

Jamf

Holding

Corp

106,900‌

96,075

*

Kyndryl

Holdings,

Inc

1,005,905‌

10,532

*

Manhattan

Associates,

Inc

1,481,536‌

19,775

*,e

nCino

OpCo,

Inc

638,535‌

52,755

*

NCR

Corp

1,711,900‌

167,516

NortonLifelock,

Inc

4,109,167‌

44,154

*

Nutanix,

Inc

668,050‌

46,980

*

Okta,

Inc

4,625,181‌

207,531

Oracle

Corp

16,154,213‌

20,671

*,e

Paycor

HCM,

Inc

551,709‌

351,150

*

PayPal

Holdings,

Inc

30,385,009‌

7,111

*

Procore

Technologies,

Inc

367,639‌

46,256

Roper

Technologies,

Inc

20,198,607‌

332,936

*

Salesforce,

Inc

61,266,883‌

22,292

*

SentinelOne,

Inc

553,956‌

5,016

*

Snowflake,

Inc

751,948‌

95,147

SS&C

Technologies

Holdings,

Inc

5,629,848‌

25,824

Switch,

Inc

873,109‌

20,897

*

Teradata

Corp

800,146‌

46,716

*

Twilio,

Inc

3,961,517‌

2,320

*

Tyler

Technologies,

Inc

925,680‌

148,329

*

UiPath,

Inc

2,718,871‌

29,818

*,e

Unity

Software,

Inc

1,114,895‌

37,496

*

VeriSign,

Inc

7,092,743‌

46,936

VMware,

Inc

(Class

A)

5,453,963‌

111,859

Western

Union

Co

1,903,840‌

6,318

*

WEX,

Inc

1,050,115‌

5,218

*

Wix.com

Ltd

309,584‌

54,850

*

Zoom

Video

Communications,

Inc

5,696,721‌

TOTAL

SOFTWARE

&

SERVICES

359,937,851‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

2

.4

%

63,115

Amphenol

Corp

(Class

A)

4,868,060‌

27,357

*

Arrow

Electronics,

Inc

3,506,347‌

41,127

Avnet,

Inc

1,968,750‌

66,983

*

Ciena

Corp

3,456,323‌

1,827,896

Cisco

Systems,

Inc

82,931,642‌

5,248

Cognex

Corp

267,543‌

311,141

Corning,

Inc

11,437,543‌

99,186

Dell

Technologies,

Inc

4,469,321‌

25,923

*

F5

Networks,

Inc

4,338,473‌

563,018

Hewlett

Packard

Enterprise

Co

8,017,376‌

249,695

HP,

Inc

8,337,316‌

47,183

*

II-VI,

Inc

2,483,713‌

14,531

*

IPG

Photonics

Corp

1,548,714‌

12,967

Jabil

Inc

769,462‌

136,446

Juniper

Networks,

Inc

3,824,581‌

5,883

*

Keysight

Technologies,

Inc

956,576‌

10,318

Littelfuse,

Inc

2,877,381‌

29,651

*

Lumentum

Holdings,

Inc

2,682,229‌

72,169

Motorola

Solutions,

Inc

17,218,802‌

49,827

National

Instruments

Corp

1,893,426‌

18,503

SYNNEX

Corp

1,858,071‌

20,277

*

Teledyne

Technologies,

Inc

7,936,418‌

106,436

*

Trimble

Inc

7,389,851‌

1,860

e

Ubiquiti,

Inc

561,032‌

30,185

*

Viasat,

Inc

993,992‌

33,370

Vontier

Corp

860,946‌

138,932

*

Western

Digital

Corp

6,821,561‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

165

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

13,517

*

Zebra

Technologies

Corp

(Class

A)

$

4,834,896‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

199,110,345‌

TELECOMMUNICATION

SERVICES

-

2

.3

%

3,149,358

AT&T,

Inc

59,144,943‌

107,225

*

Frontier

Communications

Parent,

Inc

2,778,200‌

457,824

Lumen

Technologies,

Inc

4,985,704‌

261,106

*

T-Mobile

US,

Inc

37,353,824‌

1,846,843

Verizon

Communications,

Inc

85,305,678‌

TOTAL

TELECOMMUNICATION

SERVICES

189,568,349‌

TRANSPORTATION

-

1

.6

%

52,562

*

Alaska

Air

Group,

Inc

2,330,074‌

3,903

Amerco,

Inc

2,096,223‌

282,775

*,e

American

Airlines

Group,

Inc

3,876,845‌

13,018

*

Avis

Budget

Group,

Inc

2,369,667‌

40,160

CH

Robinson

Worldwide,

Inc

4,445,712‌

15,163

*

Copa

Holdings

S.A.

(Class

A)

1,019,257‌

712,080

CSX

Corp

23,021,546‌

50,513

Expeditors

International

of

Washington,

Inc

5,367,006‌

105,202

FedEx

Corp

24,521,534‌

41,203

*

GXO

Logistics,

Inc

1,977,744‌

101,994

*,e

Hertz

Global

Holdings,

Inc

2,184,712‌

4,049

JB

Hunt

Transport

Services,

Inc

742,060‌

162,299

*

JetBlue

Airways

Corp

1,366,558‌

26,200

*

Kirby

Corp

1,662,128‌

69,127

Knight-Swift

Transportation

Holdings,

Inc

3,798,529‌

1,857

Landstar

System,

Inc

290,769‌

26,841

*

Lyft,

Inc

(Class

A)

372,016‌

104,218

Norfolk

Southern

Corp

26,176,435‌

22,539

Ryder

System,

Inc

1,765,255‌

26,410

Schneider

National,

Inc

668,965‌

257,312

*

Southwest

Airlines

Co

9,808,733‌

113,263

*

Uber

Technologies,

Inc

2,656,017‌

142,817

*

United

Airlines

Holdings

Inc

5,248,525‌

34,796

United

Parcel

Service,

Inc

(Class

B)

6,781,392‌

41,407

*

XPO

Logistics,

Inc

2,473,654‌

TOTAL

TRANSPORTATION

137,021,356‌

UTILITIES

-

5

.9

%

239,546

AES

Corp

5,322,712‌

108,332

Alliant

Energy

Corp

6,600,669‌

112,701

Ameren

Corp

10,494,717‌

225,284

American

Electric

Power

Co,

Inc

22,203,991‌

79,676

American

Water

Works

Co,

Inc

12,384,838‌

62,528

Atmos

Energy

Corp

7,590,274‌

31,029

Avangrid,

Inc

1,512,043‌

55,901

Brookfield

Renewable

Corp

2,186,847‌

275,922

Centerpoint

Energy,

Inc

8,743,968‌

126,782

CMS

Energy

Corp

8,713,727‌

155,417

Consolidated

Edison,

Inc

15,428,246‌

143,009

Constellation

Energy

Corp

9,452,895‌

358,379

Dominion

Energy,

Inc

29,379,910‌

84,475

DTE

Energy

Co

11,007,093‌

339,670

Duke

Energy

Corp

37,339,923‌

164,643

Edison

International

11,157,856‌

88,893

Entergy

Corp

10,234,251‌

98,886

Essential

Utilities

Inc

5,136,139‌

99,924

Evergy,

Inc

6,820,812‌

150,921

Eversource

Energy

13,314,251‌

429,192

Exelon

Corp

19,953,136‌

Portfolio

of

investments

(unaudited)

Large-Cap

Value

Index

Fund

July

31,

2022

166

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

237,799

FirstEnergy

Corp

$

9,773,539‌

49,154

Hawaiian

Electric

Industries,

Inc

2,079,214‌

22,571

Idacorp,

Inc

2,521,632‌

35,212

National

Fuel

Gas

Co

2,547,236‌

863,627

NextEra

Energy,

Inc

72,967,845‌

177,763

NiSource,

Inc

5,403,995‌

103,301

NRG

Energy,

Inc

3,899,613‌

88,679

OGE

Energy

Corp

3,642,933‌

679,278

*,b

PG&E

Corp

7,376,959‌

48,823

Pinnacle

West

Capital

Corp

3,587,026‌

319,751

PPL

Corp

9,298,359‌

219,620

Public

Service

Enterprise

Group,

Inc

14,422,445‌

137,837

Sempra

Energy

22,853,375‌

468,448

Southern

Co

36,018,967‌

91,146

UGI

Corp

3,933,861‌

78,952

Vistra

Energy

Corp

2,040,909‌

138,201

WEC

Energy

Group,

Inc

14,346,646‌

238,847

Xcel

Energy,

Inc

17,478,824‌

TOTAL

UTILITIES

489,171,676‌

TOTAL

COMMON

STOCKS

8,318,625,238‌

(Cost

$6,158,540,578)

SHORT-TERM

INVESTMENTS

-

0.4%

RATE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.4

%

34,386,304

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

34,386,304‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

34,386,304‌

TOTAL

SHORT-TERM

INVESTMENTS

34,386,304‌

(Cost

$34,386,304)

TOTAL

INVESTMENTS

-

100.3%

8,353,011,542‌

(Cost

$6,192,926,882)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.3)%

(

26,836,363‌

)

NET

ASSETS

-

100.0%

$

8,326,175,179‌

REIT

Real

Estate

Investment

Trust

*

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.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$47,504,649.

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

167

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.3%

AUTOMOBILES

&

COMPONENTS

-

2

.6

%

55,245

*

Aptiv

plc

$

5,794,648‌

47,078

BorgWarner,

Inc

1,810,620‌

799,808

Ford

Motor

Co

11,749,179‌

294,634

*

General

Motors

Co

10,683,429‌

170,117

*

Tesla,

Inc

151,650,800‌

TOTAL

AUTOMOBILES

&

COMPONENTS

181,688,676‌

BANKS

-

3

.6

%

1,436,848

Bank

of

America

Corp

48,579,831‌

394,733

Citigroup,

Inc

20,486,643‌

100,283

Citizens

Financial

Group,

Inc

3,807,745‌

27,942

Comerica,

Inc

2,173,049‌

137,727

Fifth

Third

Bancorp

4,699,245‌

36,203

First

Republic

Bank

5,890,590‌

281,671

Huntington

Bancshares,

Inc

3,743,408‌

595,410

JPMorgan

Chase

&

Co

68,686,498‌

182,355

Keycorp

3,337,096‌

35,708

M&T

Bank

Corp

6,336,385‌

83,513

PNC

Financial

Services

Group,

Inc

13,858,147‌

200,614

Regions

Financial

Corp

4,249,004‌

12,297

Signature

Bank

2,281,954‌

11,914

*

SVB

Financial

Group

4,807,895‌

269,138

Truist

Financial

Corp

13,583,395‌

273,503

US

Bancorp

12,909,342‌

768,067

Wells

Fargo

&

Co

33,695,099‌

32,129

Zions

Bancorporation

1,752,637‌

TOTAL

BANKS

254,877,963‌

CAPITAL

GOODS

-

5

.2

%

115,217

3M

Co

16,503,683‌

25,588

A.O.

Smith

Corp

1,618,953‌

18,121

Allegion

plc

1,915,390‌

48,066

Ametek,

Inc

5,936,151‌

112,749

*

Boeing

Co

17,962,043‌

170,501

Carrier

Global

Corp

6,910,406‌

108,388

Caterpillar,

Inc

21,487,921‌

28,774

Cummins,

Inc

6,367,974‌

56,597

Deere

&

Co

19,422,958‌

28,458

Dover

Corp

3,804,265‌

79,634

Eaton

Corp

11,816,889‌

119,869

Emerson

Electric

Co

10,796,601‌

116,816

Fastenal

Co

5,999,670‌

72,756

Fortive

Corp

4,689,124‌

27,977

Fortune

Brands

Home

&

Security,

Inc

1,949,437‌

12,847

*

Generac

Holdings,

Inc

3,446,850‌

46,231

General

Dynamics

Corp

10,479,181‌

221,459

General

Electric

Co

16,368,035‌

138,036

Honeywell

International,

Inc

26,566,409‌

75,031

Howmet

Aerospace,

Inc

2,785,901‌

8,257

Huntington

Ingalls

1,790,448‌

15,094

IDEX

Corp

3,150,872‌

57,457

Illinois

Tool

Works,

Inc

11,937,266‌

82,315

Ingersoll

Rand,

Inc

4,099,287‌

144,178

Johnson

Controls

International

plc

7,772,636‌

39,593

L3Harris

Technologies,

Inc

9,501,132‌

47,686

Lockheed

Martin

Corp

19,732,944‌

46,195

Masco

Corp

2,558,279‌

10,954

Nordson

Corp

2,530,264‌

29,620

Northrop

Grumman

Corp

14,185,018‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

168

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

86,189

Otis

Worldwide

Corp

$

6,737,394‌

68,753

PACCAR,

Inc

6,292,275‌

26,085

Parker-Hannifin

Corp

7,540,913‌

33,503

Pentair

plc

1,637,962‌

29,722

Quanta

Services,

Inc

4,123,333‌

301,092

Raytheon

Technologies

Corp

28,064,785‌

23,061

Rockwell

Automation,

Inc

5,887,012‌

10,033

Snap-On,

Inc

2,247,894‌

33,061

Stanley

Black

&

Decker,

Inc

3,217,827‌

43,484

Textron,

Inc

2,854,290‌

47,503

Trane

Technologies

plc

6,982,466‌

10,595

*

TransDigm

Group,

Inc

6,593,692‌

14,561

*

United

Rentals,

Inc

4,698,398‌

8,491

W.W.

Grainger,

Inc

4,615,113‌

36,826

Westinghouse

Air

Brake

Technologies

Corp

3,442,126‌

37,093

Xylem,

Inc

3,413,669‌

TOTAL

CAPITAL

GOODS

372,435,136‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.8

%

17,679

Cintas

Corp

7,522,238‌

44,042

*

Copart,

Inc

5,641,780‌

24,548

Equifax,

Inc

5,128,323‌

25,208

Jacobs

Engineering

Group,

Inc

3,461,058‌

28,147

Leidos

Holdings,

Inc

3,011,729‌

71,466

Nielsen

NV

1,711,611‌

42,141

Republic

Services,

Inc

5,843,271‌

22,494

Robert

Half

International,

Inc

1,780,175‌

49,762

Rollins,

Inc

1,919,320‌

32,188

Verisk

Analytics,

Inc

6,123,767‌

77,419

Waste

Management,

Inc

12,740,071‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

54,883,343‌

CONSUMER

DURABLES

&

APPAREL

-

0

.8

%

62,412

DR

Horton,

Inc

4,870,008‌

30,654

Garmin

Ltd

2,992,444‌

26,164

Hasbro,

Inc

2,059,630‌

51,931

Lennar

Corp

(Class

A)

4,414,135‌

11,347

*

Mohawk

Industries,

Inc

1,457,863‌

81,626

Newell

Brands

Inc

1,649,661‌

256,606

Nike,

Inc

(Class

B)

29,489,162‌

642

*

NVR,

Inc

2,820,370‌

50,763

Pulte

Homes,

Inc

2,214,282‌

14,228

PVH

Corp

880,998‌

8,840

Ralph

Lauren

Corp

871,889‌

51,575

Tapestry,

Inc

1,734,467‌

65,381

VF

Corp

2,921,223‌

11,311

Whirlpool

Corp

1,955,333‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

60,331,465‌

CONSUMER

SERVICES

-

1

.8

%

8,263

*

Booking

Holdings,

Inc

15,994,607‌

42,580

*

Caesars

Entertainment,

Inc

1,945,480‌

196,352

*,e

Carnival

Corp

1,778,949‌

5,610

*

Chipotle

Mexican

Grill,

Inc

(Class

A)

8,775,274‌

26,503

Darden

Restaurants,

Inc

3,299,359‌

7,397

Domino's

Pizza,

Inc

2,900,438‌

29,503

*

Expedia

Group,

Inc

3,128,793‌

56,135

Hilton

Worldwide

Holdings,

Inc

7,189,210‌

71,901

*

Las

Vegas

Sands

Corp

2,709,949‌

55,698

Marriott

International,

Inc

(Class

A)

8,845,956‌

149,547

McDonald's

Corp

39,386,193‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

169

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

SERVICES—continued

79,028

MGM

Resorts

International

$

2,586,587‌

82,996

*,e

Norwegian

Cruise

Line

Holdings

Ltd

1,008,401‌

33,046

*

Penn

National

Gaming,

Inc

1,141,739‌

44,840

*

Royal

Caribbean

Cruises

Ltd

1,735,756‌

230,538

Starbucks

Corp

19,545,012‌

20,392

*

Wynn

Resorts

Ltd

1,294,484‌

58,267

Yum!

Brands,

Inc

7,140,038‌

TOTAL

CONSUMER

SERVICES

130,406,225‌

DIVERSIFIED

FINANCIALS

-

5

.0

%

123,724

American

Express

Co

19,055,971‌

22,642

Ameriprise

Financial,

Inc

6,111,529‌

148,501

Bank

of

New

York

Mellon

Corp

6,453,854‌

366,784

*

Berkshire

Hathaway,

Inc

(Class

B)

110,255,270‌

28,653

BlackRock,

Inc

19,174,015‌

79,127

Capital

One

Financial

Corp

8,690,518‌

21,309

CBOE

Global

Markets,

Inc

2,629,104‌

305,220

Charles

Schwab

Corp

21,075,441‌

73,489

CME

Group,

Inc

14,659,586‌

58,000

Discover

Financial

Services

5,858,000‌

7,631

Factset

Research

Systems,

Inc

3,278,888‌

55,201

Franklin

Resources,

Inc

1,515,268‌

69,490

Goldman

Sachs

Group,

Inc

23,167,271‌

111,703

Intercontinental

Exchange

Group,

Inc

11,392,589‌

72,146

Invesco

Ltd

1,279,870‌

7,556

MarketAxess

Holdings,

Inc

2,046,014‌

32,621

Moody's

Corp

10,120,665‌

285,078

Morgan

Stanley

24,032,075‌

16,277

MSCI,

Inc

(Class

A)

7,834,771‌

23,816

Nasdaq

Inc

4,308,314‌

41,741

Northern

Trust

Corp

4,164,917‌

39,357

Raymond

James

Financial,

Inc

3,875,484‌

70,409

S&P

Global,

Inc

26,539,264‌

73,974

State

Street

Corp

5,255,113‌

105,136

Synchrony

Financial

3,519,953‌

46,051

T

Rowe

Price

Group,

Inc

5,685,917‌

TOTAL

DIVERSIFIED

FINANCIALS

351,979,661‌

ENERGY

-

4

.3

%

63,955

APA

Corp

2,377,207‌

192,054

Baker

Hughes

Co

4,933,867‌

163,507

Cabot

Oil

&

Gas

Corp

5,001,679‌

398,478

Chevron

Corp

65,262,727‌

262,071

ConocoPhillips

25,533,578‌

123,434

Devon

Energy

Corp

7,757,827‌

34,423

Diamondback

Energy,

Inc

4,406,832‌

120,232

EOG

Resources,

Inc

13,372,203‌

853,735

d

Exxon

Mobil

Corp

82,752,534‌

186,819

Halliburton

Co

5,473,797‌

56,478

Hess

Corp

6,352,081‌

399,015

Kinder

Morgan,

Inc

7,178,280‌

142,769

Marathon

Oil

Corp

3,540,671‌

108,762

Marathon

Petroleum

Corp

9,969,125‌

179,758

Occidental

Petroleum

Corp

11,819,089‌

88,593

ONEOK,

Inc

5,292,546‌

96,669

Phillips

66

8,603,541‌

45,794

Pioneer

Natural

Resources

Co

10,850,888‌

283,062

Schlumberger

Ltd

10,481,786‌

83,655

Valero

Energy

Corp

9,266,464‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

170

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

249,148

Williams

Cos,

Inc

$

8,493,455‌

TOTAL

ENERGY

308,720,177‌

FOOD

&

STAPLES

RETAILING

-

1

.5

%

89,835

Costco

Wholesale

Corp

48,627,686‌

133,335

Kroger

Co

6,192,077‌

103,813

SYSCO

Corp

8,813,724‌

146,983

Walgreens

Boots

Alliance,

Inc

5,823,466‌

284,877

Walmart,

Inc

37,618,008‌

TOTAL

FOOD

&

STAPLES

RETAILING

107,074,961‌

FOOD,

BEVERAGE

&

TOBACCO

-

3

.5

%

367,121

Altria

Group,

Inc

16,101,927‌

113,105

Archer-Daniels-Midland

Co

9,361,701‌

36,964

Brown-Forman

Corp

(Class

B)

2,743,468‌

41,816

Campbell

Soup

Co

2,063,620‌

790,966

Coca-Cola

Co

50,756,288‌

96,282

ConAgra

Brands,

Inc

3,293,807‌

33,211

Constellation

Brands,

Inc

(Class

A)

8,180,201‌

124,120

General

Mills,

Inc

9,282,935‌

29,446

Hershey

Co

6,712,510‌

58,548

Hormel

Foods

Corp

2,888,758‌

21,437

J.M.

Smucker

Co

2,836,544‌

49,048

Kellogg

Co

3,625,628‌

148,858

Keurig

Dr

Pepper,

Inc

5,766,759‌

144,084

Kraft

Heinz

Co

5,306,614‌

30,548

Lamb

Weston

Holdings,

Inc

2,433,454‌

50,344

McCormick

&

Co,

Inc

4,397,548‌

38,804

Molson

Coors

Brewing

Co

(Class

B)

2,318,539‌

281,311

Mondelez

International,

Inc

18,015,156‌

76,072

*

Monster

Beverage

Corp

7,578,293‌

280,433

PepsiCo,

Inc

49,064,558‌

314,069

Philip

Morris

International,

Inc

30,511,803‌

58,365

*

Tyson

Foods,

Inc

(Class

A)

5,136,704‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

248,376,815‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

6

.0

%

354,034

Abbott

Laboratories

38,533,061‌

9,473

*

Abiomed,

Inc

2,775,684‌

14,853

*

Align

Technology,

Inc

4,173,247‌

29,371

AmerisourceBergen

Corp

4,286,110‌

100,940

Baxter

International,

Inc

5,921,140‌

57,763

Becton

Dickinson

&

Co

14,112,079‌

288,760

*

Boston

Scientific

Corp

11,853,598‌

54,850

Cardinal

Health,

Inc

3,266,866‌

119,307

*

Centene

Corp

11,091,972‌

63,669

Cigna

Corp

17,531,896‌

9,945

Cooper

Cos,

Inc

3,252,015‌

264,283

CVS

Health

Corp

25,286,597‌

14,118

*

DaVita,

Inc

1,188,171‌

44,965

Dentsply

Sirona,

Inc

1,625,934‌

80,649

*

Dexcom,

Inc

6,619,670‌

125,482

*

Edwards

Lifesciences

Corp

12,615,960‌

48,901

Elevance

Health,

Inc

23,330,667‌

45,788

HCA

Healthcare,

Inc

9,726,287‌

27,628

*

Henry

Schein,

Inc

2,177,915‌

50,698

*

Hologic,

Inc

3,618,823‌

25,731

Humana,

Inc

12,402,342‌

17,123

*

IDEXX

Laboratories,

Inc

6,835,159‌

72,728

*

Intuitive

Surgical,

Inc

16,739,804‌

18,777

Laboratory

Corp

of

America

Holdings

4,923,142‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

171

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

30,174

McKesson

Corp

$

10,306,835‌

270,359

Medtronic

plc

25,013,615‌

11,824

*

Molina

Healthcare,

Inc

3,874,961‌

24,653

Quest

Diagnostics,

Inc

3,366,860‌

29,953

Resmed,

Inc

7,204,296‌

19,701

STERIS

plc

4,445,531‌

67,835

Stryker

Corp

14,567,566‌

10,022

Teleflex,

Inc

2,409,890‌

190,278

UnitedHealth

Group,

Inc

103,195,371‌

14,470

Universal

Health

Services,

Inc

(Class

B)

1,627,441‌

42,106

Zimmer

Biomet

Holdings,

Inc

4,648,081‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

424,548,586‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.6

%

49,708

Church

&

Dwight

Co,

Inc

4,372,813‌

24,885

Clorox

Co

3,529,688‌

170,977

Colgate-Palmolive

Co

13,462,729‌

47,033

Estee

Lauder

Cos

(Class

A)

12,844,712‌

67,540

Kimberly-Clark

Corp

8,901,097‌

486,903

Procter

&

Gamble

Co

67,635,696‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

110,746,735‌

INSURANCE

-

2

.0

%

120,025

Aflac,

Inc

6,877,433‌

56,488

Allstate

Corp

6,607,401‌

158,878

American

International

Group,

Inc

8,225,114‌

42,903

Aon

plc

12,486,489‌

41,851

Arthur

J.

Gallagher

&

Co

7,490,910‌

10,824

Assurant,

Inc

1,902,643‌

47,780

Brown

&

Brown,

Inc

3,110,478‌

85,993

Chubb

Ltd

16,221,720‌

29,398

Cincinnati

Financial

Corp

2,861,601‌

7,745

Everest

Re

Group

Ltd

2,024,156‌

18,197

Globe

Life,

Inc

1,832,984‌

67,007

Hartford

Financial

Services

Group,

Inc

4,319,941‌

33,892

Lincoln

National

Corp

1,740,015‌

37,339

Loews

Corp

2,174,997‌

102,344

Marsh

&

McLennan

Cos,

Inc

16,780,322‌

142,601

Metlife,

Inc

9,019,513‌

50,854

Principal

Financial

Group

3,404,167‌

119,335

Progressive

Corp

13,730,685‌

76,727

Prudential

Financial,

Inc

7,671,933‌

48,959

Travelers

Cos,

Inc

7,769,793‌

43,333

W.R.

Berkley

Corp

2,709,613‌

22,380

Willis

Towers

Watson

plc

4,631,317‌

TOTAL

INSURANCE

143,593,225‌

MATERIALS

-

2

.5

%

44,616

Air

Products

&

Chemicals,

Inc

11,075,030‌

23,751

Albemarle

Corp

5,802,607‌

288,524

Amcor

plc

3,736,386‌

17,087

Avery

Dennison

Corp

3,254,390‌

66,037

Ball

Corp

4,848,437‌

21,757

Celanese

Corp

(Series

A)

2,556,665‌

43,054

CF

Industries

Holdings,

Inc

4,111,227‌

143,919

Corteva,

Inc

8,282,538‌

151,102

Dow,

Inc

8,040,137‌

104,925

DuPont

de

Nemours,

Inc

6,424,558‌

26,022

Eastman

Chemical

Co

2,496,291‌

49,560

Ecolab,

Inc

8,185,825‌

26,013

FMC

Corp

2,890,044‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

172

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

293,181

Freeport-McMoRan,

Inc

(Class

B)

$

9,249,861‌

52,119

International

Flavors

&

Fragrances,

Inc

6,465,362‌

76,930

International

Paper

Co

3,290,296‌

101,958

Linde

plc

30,791,316‌

51,511

LyondellBasell

Industries

NV

4,590,660‌

12,685

Martin

Marietta

Materials,

Inc

4,466,135‌

75,119

Mosaic

Co

3,955,767‌

160,594

Newmont

Goldcorp

Corp

7,271,696‌

53,918

Nucor

Corp

7,322,064‌

18,407

Packaging

Corp

of

America

2,588,208‌

47,887

PPG

Industries,

Inc

6,191,310‌

31,418

Sealed

Air

Corp

1,920,268‌

48,698

Sherwin-Williams

Co

11,781,994‌

26,785

Vulcan

Materials

Co

4,428,364‌

53,922

WestRock

Co

2,284,136‌

TOTAL

MATERIALS

178,301,572‌

MEDIA

&

ENTERTAINMENT

-

7

.1

%

159,335

Activision

Blizzard,

Inc

12,738,833‌

1,219,258

*

Alphabet,

Inc

(Class

A)

141,824,091‌

1,117,968

*

Alphabet,

Inc

(Class

C)

130,399,787‌

23,276

*

Charter

Communications,

Inc

10,057,560‌

905,651

Comcast

Corp

(Class

A)

33,980,026‌

50,633

*

DISH

Network

Corp

(Class

A)

879,495‌

57,287

Electronic

Arts,

Inc

7,517,773‌

62,585

Fox

Corp

(Class

A)

2,072,189‌

31,642

Fox

Corp

(Class

B)

977,738‌

81,983

Interpublic

Group

of

Cos,

Inc

2,448,832‌

28,867

*

Live

Nation,

Inc

2,713,209‌

58,828

*

Match

Group,

Inc

4,312,681‌

464,859

*

Meta

Platforms,

Inc

73,959,067‌

90,404

*

Netflix,

Inc

20,331,860‌

78,343

News

Corp

(Class

A)

1,342,799‌

23,960

News

Corp

(Class

B)

414,029‌

41,069

Omnicom

Group,

Inc

2,868,259‌

125,547

Paramount

Global

(Class

B)

2,969,187‌

31,710

*

Take-Two

Interactive

Software,

Inc

4,208,868‌

153,461

*

Twitter,

Inc

6,385,512‌

369,215

*

Walt

Disney

Co

39,173,711‌

442,394

*

Warner

Bros

Discovery,

Inc

6,635,910‌

TOTAL

MEDIA

&

ENTERTAINMENT

508,211,416‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

8

.2

%

358,183

AbbVie,

Inc

51,402,842‌

60,784

Agilent

Technologies,

Inc

8,151,134‌

108,251

Amgen,

Inc

26,788,875‌

29,740

*

Biogen,

Inc

6,395,884‌

4,232

*

Bio-Rad

Laboratories,

Inc

(Class

A)

2,383,716‌

7,904

Bio-Techne

Corp

3,045,253‌

431,411

Bristol-Myers

Squibb

Co

31,829,504‌

36,312

*

Catalent,

Inc

4,106,887‌

10,113

*

Charles

River

Laboratories

International,

Inc

2,533,711‌

131,222

Danaher

Corp

38,247,276‌

159,913

Eli

Lilly

&

Co

52,721,717‌

252,522

Gilead

Sciences,

Inc

15,088,190‌

32,034

*

Illumina,

Inc

6,941,127‌

39,212

*

Incyte

Corp

3,045,988‌

39,083

*

IQVIA

Holdings,

Inc

9,390,473‌

533,718

Johnson

&

Johnson

93,144,465‌

512,531

Merck

&

Co,

Inc

45,789,520‌

4,618

*

Mettler-Toledo

International,

Inc

6,233,053‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

173

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

71,026

*

Moderna,

Inc

$

11,654,656‌

57,515

Organon

&

Co

1,824,376‌

25,599

*

PerkinElmer,

Inc

3,920,999‌

1,137,324

Pfizer,

Inc

57,446,235‌

21,869

*

Regeneron

Pharmaceuticals,

Inc

12,720,979‌

79,372

Thermo

Fisher

Scientific,

Inc

47,496,999‌

51,792

*

Vertex

Pharmaceuticals,

Inc

14,522,995‌

245,025

Viatris,

Inc

2,374,292‌

12,266

*

Waters

Corp

4,465,192‌

14,738

West

Pharmaceutical

Services,

Inc

5,063,387‌

95,580

Zoetis,

Inc

17,448,129‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

586,177,854‌

REAL

ESTATE

-

2

.9

%

29,546

Alexandria

Real

Estate

Equities,

Inc

4,898,136‌

94,272

American

Tower

Corp

25,531,686‌

28,084

AvalonBay

Communities,

Inc

6,008,291‌

30,203

Boston

Properties,

Inc

2,753,305‌

22,243

Camden

Property

Trust

3,138,487‌

67,569

CBRE

Group,

Inc

5,785,258‌

87,210

Crown

Castle

International

Corp

15,755,359‌

57,079

Digital

Realty

Trust,

Inc

7,560,113‌

77,101

Duke

Realty

Corp

4,823,439‌

18,455

Equinix,

Inc

12,987,522‌

69,842

Equity

Residential

5,474,914‌

13,058

Essex

Property

Trust,

Inc

3,741,509‌

27,046

Extra

Space

Storage,

Inc

5,125,758‌

14,836

Federal

Realty

Investment

Trust

1,566,830‌

110,314

Healthpeak

Properties

Inc

3,047,976‌

139,222

Host

Hotels

and

Resorts,

Inc

2,479,544‌

58,755

Iron

Mountain,

Inc

2,849,030‌

121,403

Kimco

Realty

Corp

2,684,220‌

22,847

Mid-America

Apartment

Communities,

Inc

4,243,373‌

150,583

Prologis,

Inc

19,961,282‌

30,619

Public

Storage,

Inc

9,994,348‌

120,934

Realty

Income

Corp

8,947,907‌

33,293

Regency

Centers

Corp

2,145,068‌

21,665

SBA

Communications

Corp

7,274,890‌

65,348

Simon

Property

Group,

Inc

7,099,407‌

62,178

UDR,

Inc

3,009,415‌

83,794

Ventas,

Inc

4,506,441‌

192,605

VICI

Properties,

Inc

6,585,165‌

37,541

Vornado

Realty

Trust

1,140,871‌

92,196

Welltower,

Inc

7,960,203‌

151,510

Weyerhaeuser

Co

5,502,843‌

TOTAL

REAL

ESTATE

204,582,590‌

RETAILING

-

6

.2

%

12,960

Advance

Auto

Parts,

Inc

2,509,315‌

1,773,760

*

Amazon.com,

Inc

239,368,912‌

3,996

*

AutoZone,

Inc

8,541,011‌

49,358

Bath

&

Body

Works,

Inc

1,754,183‌

43,681

Best

Buy

Co,

Inc

3,363,000‌

31,229

*

CarMax,

Inc

3,108,535‌

46,710

Dollar

General

Corp

11,604,165‌

45,209

*

Dollar

Tree,

Inc

7,475,760‌

112,707

eBay,

Inc

5,480,941‌

25,483

*

Etsy,

Inc

2,643,097‌

29,457

Genuine

Parts

Co

4,503,092‌

209,150

Home

Depot,

Inc

62,941,601‌

53,566

LKQ

Corp

2,937,560‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

174

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

RETAILING—continued

132,887

Lowe's

Companies,

Inc

$

25,451,847‌

13,585

*

O'Reilly

Automotive,

Inc

9,558,270‌

7,894

Pool

Corp

2,823,684‌

70,250

Ross

Stores,

Inc

5,708,515‌

92,909

Target

Corp

15,179,472‌

239,370

TJX

Companies,

Inc

14,639,869‌

23,052

Tractor

Supply

Co

4,413,997‌

10,597

*

Ulta

Beauty,

Inc

4,121,279‌

TOTAL

RETAILING

438,128,105‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

5

.5

%

328,249

*

Advanced

Micro

Devices,

Inc

31,009,683‌

106,432

Analog

Devices,

Inc

18,302,047‌

178,305

Applied

Materials,

Inc

18,896,764‌

82,749

Broadcom,

Inc

44,310,435‌

27,325

*

Enphase

Energy,

Inc

7,765,218‌

828,588

Intel

Corp

30,086,030‌

30,596

KLA

Corp

11,734,790‌

28,119

Lam

Research

Corp

14,073,841‌

112,228

Microchip

Technology,

Inc

7,728,020‌

228,261

Micron

Technology,

Inc

14,120,225‌

8,798

Monolithic

Power

Systems,

Inc

4,088,607‌

507,602

NVIDIA

Corp

92,195,751‌

53,667

NXP

Semiconductors

NV

9,868,288‌

87,132

*

ON

Semiconductor

Corp

5,818,675‌

21,803

*

Qorvo,

Inc

2,269,038‌

226,920

QUALCOMM,

Inc

32,917,015‌

33,436

Skyworks

Solutions,

Inc

3,640,512‌

11,128

*

SolarEdge

Technologies,

Inc

4,007,527‌

32,353

Teradyne,

Inc

3,264,094‌

186,763

Texas

Instruments,

Inc

33,410,033‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

389,506,593‌

SOFTWARE

&

SERVICES

-

13

.4

%

128,375

Accenture

plc

39,316,128‌

95,801

*

Adobe,

Inc

39,289,906‌

33,360

*

Akamai

Technologies,

Inc

3,209,899‌

17,369

*

Ansys,

Inc

4,845,777‌

44,215

*

Autodesk,

Inc

9,564,589‌

84,772

Automatic

Data

Processing,

Inc

20,440,225‌

22,729

Broadridge

Financial

Solutions,

Inc

3,649,141‌

55,891

*

Cadence

Design

Systems,

Inc

10,400,197‌

27,418

*

Ceridian

HCM

Holding,

Inc

1,501,684‌

26,401

Citrix

Systems,

Inc

2,677,325‌

104,052

Cognizant

Technology

Solutions

Corp

(Class

A)

7,071,374‌

47,282

*

DXC

Technology

Co

1,494,111‌

11,455

*

EPAM

Systems,

Inc

4,000,659‌

124,131

Fidelity

National

Information

Services,

Inc

12,681,223‌

118,893

*

Fiserv,

Inc

12,564,612‌

16,029

*

FleetCor

Technologies,

Inc

3,527,823‌

137,287

*

Fortinet,

Inc

8,189,170‌

16,320

*

Gartner,

Inc

4,332,634‌

57,391

Global

Payments,

Inc

7,020,067‌

182,128

International

Business

Machines

Corp

23,820,521‌

57,278

Intuit,

Inc

26,128,505‌

14,549

Jack

Henry

&

Associates,

Inc

3,022,846‌

174,099

Mastercard,

Inc

(Class

A)

61,594,485‌

1,516,293

Microsoft

Corp

425,684,097‌

116,183

NortonLifelock,

Inc

2,849,969‌

319,242

Oracle

Corp

24,849,797‌

65,932

Paychex,

Inc

8,457,757‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

175

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

9,668

*

Paycom

Software,

Inc

$

3,195,177‌

234,631

*

PayPal

Holdings,

Inc

20,302,620‌

21,484

*

PTC,

Inc

2,650,696‌

21,614

Roper

Technologies,

Inc

9,438,185‌

201,432

*

Salesforce,

Inc

37,067,517‌

40,660

*

ServiceNow,

Inc

18,161,196‌

31,040

*

Synopsys,

Inc

11,407,200‌

8,193

*

Tyler

Technologies,

Inc

3,269,007‌

19,945

*

VeriSign,

Inc

3,772,796‌

333,627

Visa,

Inc

(Class

A)

70,765,623‌

TOTAL

SOFTWARE

&

SERVICES

952,214,538‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

8

.8

%

118,273

Amphenol

Corp

(Class

A)

9,122,396‌

3,116,899

Apple,

Inc

506,527,256‌

44,937

*

Arista

Networks,

Inc

5,241,002‌

27,764

CDW

Corp

5,039,999‌

841,437

Cisco

Systems,

Inc

38,175,997‌

150,612

Corning,

Inc

5,536,497‌

12,335

*

F5

Networks,

Inc

2,064,386‌

268,587

Hewlett

Packard

Enterprise

Co

3,824,679‌

213,851

HP,

Inc

7,140,485‌

67,725

Juniper

Networks,

Inc

1,898,332‌

37,239

*

Keysight

Technologies,

Inc

6,055,061‌

33,796

Motorola

Solutions,

Inc

8,063,388‌

46,030

NetApp,

Inc

3,283,320‌

41,069

Seagate

Technology

Holdings

plc

3,284,699‌

66,553

TE

Connectivity

Ltd

8,900,133‌

9,296

*

Teledyne

Technologies,

Inc

3,638,454‌

49,307

*

Trimble

Inc

3,423,385‌

62,765

*

Western

Digital

Corp

3,081,761‌

10,843

*

Zebra

Technologies

Corp

(Class

A)

3,878,433‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

628,179,663‌

TELECOMMUNICATION

SERVICES

-

1

.2

%

1,450,723

AT&T,

Inc

27,244,578‌

187,918

Lumen

Technologies,

Inc

2,046,427‌

119,538

*

T-Mobile

US,

Inc

17,101,106‌

851,463

Verizon

Communications,

Inc

39,329,076‌

TOTAL

TELECOMMUNICATION

SERVICES

85,721,187‌

TRANSPORTATION

-

1

.8

%

26,518

*

Alaska

Air

Group,

Inc

1,175,543‌

127,465

*,e

American

Airlines

Group,

Inc

1,747,545‌

26,681

CH

Robinson

Worldwide,

Inc

2,953,587‌

437,088

CSX

Corp

14,131,055‌

125,483

*

Delta

Air

Lines,

Inc

3,990,359‌

34,442

Expeditors

International

of

Washington,

Inc

3,659,462‌

47,891

FedEx

Corp

11,162,913‌

16,927

JB

Hunt

Transport

Services,

Inc

3,102,211‌

47,821

Norfolk

Southern

Corp

12,011,201‌

18,916

Old

Dominion

Freight

Line

5,741,195‌

124,321

*

Southwest

Airlines

Co

4,739,117‌

127,189

Union

Pacific

Corp

28,910,060‌

65,309

*

United

Airlines

Holdings

Inc

2,400,106‌

148,855

United

Parcel

Service,

Inc

(Class

B)

29,010,351‌

TOTAL

TRANSPORTATION

124,734,705‌

UTILITIES

-

3

.0

%

135,860

AES

Corp

3,018,809‌

50,230

Alliant

Energy

Corp

3,060,514‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

176

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

51,576

Ameren

Corp

$

4,802,757‌

103,804

American

Electric

Power

Co,

Inc

10,230,922‌

36,401

American

Water

Works

Co,

Inc

5,658,172‌

28,215

Atmos

Energy

Corp

3,425,019‌

127,616

Centerpoint

Energy,

Inc

4,044,151‌

60,049

CMS

Energy

Corp

4,127,168‌

69,537

Consolidated

Edison,

Inc

6,902,938‌

65,964

Constellation

Energy

Corp

4,360,220‌

164,334

Dominion

Energy,

Inc

13,472,101‌

40,094

DTE

Energy

Co

5,224,248‌

154,780

Duke

Energy

Corp

17,014,965‌

78,706

Edison

International

5,333,906‌

42,172

Entergy

Corp

4,855,262‌

46,431

Evergy,

Inc

3,169,380‌

69,780

Eversource

Energy

6,155,992‌

197,894

Exelon

Corp

9,200,092‌

116,302

FirstEnergy

Corp

4,780,012‌

398,514

NextEra

Energy,

Inc

33,670,448‌

82,088

NiSource,

Inc

2,495,475‌

50,054

NRG

Energy,

Inc

1,889,539‌

22,841

Pinnacle

West

Capital

Corp

1,678,128‌

156,791

PPL

Corp

4,559,482‌

100,022

Public

Service

Enterprise

Group,

Inc

6,568,445‌

63,988

Sempra

Energy

10,609,210‌

214,057

Southern

Co

16,458,843‌

63,739

WEC

Energy

Group,

Inc

6,616,746‌

110,151

Xcel

Energy,

Inc

8,060,850‌

TOTAL

UTILITIES

211,443,794‌

TOTAL

COMMON

STOCKS

7,056,864,985‌

(Cost

$3,083,656,591)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

1.5%

GOVERNMENT

AGENCY

DEBT

-

0

.7

%

$

10,300,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/05/22

10,297,510‌

15,000,000

FHLB

0

.000

09/07/22

14,964,625‌

10,000,000

FHLB

0

.000

09/14/22

9,972,246‌

10,000,000

Tennessee

Valley

Authority

(TVA)

0

.000

08/03/22

9,998,778‌

7,380,000

TVA

0

.000

08/10/22

7,375,943‌

TOTAL

GOVERNMENT

AGENCY

DEBT

52,609,102‌

REPURCHASE

AGREEMENT

-

0

.6

%

41,170,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.250

08/01/22

41,170,000‌

TOTAL

REPURCHASE

AGREEMENT

41,170,000‌

TREASURY

DEBT

-

0

.2

%

10,000,000

United

States

Treasury

Bill

0

.000

08/02/22

9,999,507‌

TOTAL

TREASURY

DEBT

9,999,507‌

Portfolio

of

investments

(unaudited)

S&P

500

Index

Fund

July

31,

2022

177

TIAA-CREF

Funds

concluded

SHARES

COMPANY

RATE

VALUE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.0

%

1,293,391

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

$

1,293,391‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

1,293,391‌

TOTAL

SHORT-TERM

INVESTMENTS

105,072,000‌

(Cost

$105,078,859)

TOTAL

INVESTMENTS

-

100.8%

7,161,936,985‌

(Cost

$3,188,735,450)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.8)%

(

55,704,392‌

)

NET

ASSETS

-

100.0%

$

7,106,232,593‌

*

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

$3,960,913.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.250%

dated

7/29/22

to

be

repurchased

at

$41,170,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$41,993,436.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

S&P

500

E

Mini

Index

202‌

09/16/22

 $

38,838,278‌

$

41,748,350‌

$

2,910,072‌

Small-Cap

Blend

Index

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

178

TIAA-CREF

Funds

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

99.8%

AUTOMOBILES

&

COMPONENTS

-

1

.6

%

136,447

*

Adient

plc

$

4,609,180‌

162,351

*

American

Axle

&

Manufacturing

Holdings,

Inc

1,446,547‌

163,285

*,e

Canoo,

Inc

564,966‌

256,971

*,e

Cenntro

Electric

Group

Ltd

385,456‌

186,455

Dana

Inc

3,124,986‌

37,861

*

Dorman

Products,

Inc

3,827,368‌

139,009

*

Faraday

Future

Intelligent

Electric,

Inc

307,210‌

234,738

*,e

Fisker,

Inc

2,248,790‌

60,985

*

Fox

Factory

Holding

Corp

5,772,840‌

47,795

*

Gentherm,

Inc

3,085,645‌

403,382

*

Goodyear

Tire

&

Rubber

Co

4,953,531‌

71,715

*,e

Holley,

Inc

573,003‌

35,702

LCI

Industries,

Inc

4,822,983‌

263,019

*,e

Lordstown

Motors

Corp

589,163‌

348,414

*,e

Luminar

Technologies,

Inc

2,355,279‌

77,765

*

Modine

Manufacturing

Co

1,020,277‌

26,129

*

Motorcar

Parts

of

America,

Inc

393,764‌

32,022

*

Mullen

Automotive,

Inc

25,384‌

32,360

Patrick

Industries,

Inc

1,964,899‌

79,243

*,e

Solid

Power,

Inc

502,401‌

28,657

Standard

Motor

Products,

Inc

1,310,771‌

41,624

*

Stoneridge,

Inc

783,364‌

117,877

*

Tenneco,

Inc

2,224,339‌

39,994

*

Visteon

Corp

5,102,435‌

45,257

Winnebago

Industries,

Inc

2,732,165‌

237,252

*,e

Workhorse

Group,

Inc

775,814‌

31,691

*

XPEL,

Inc

1,942,341‌

TOTAL

AUTOMOBILES

&

COMPONENTS

57,444,901‌

BANKS

-

11

.1

%

24,674

1st

Source

Corp

1,189,780‌

11,792

e

ACNB

Corp

387,839‌

27,630

Allegiance

Bancshares,

Inc

1,216,825‌

20,399

Amalgamated

Financial

Corp

470,809‌

42,119

Amerant

Bancorp

Inc

1,150,691‌

14,438

American

National

Bankshares,

Inc

523,955‌

94,891

Ameris

Bancorp

4,487,395‌

19,124

Arrow

Financial

Corp

641,610‌

213,478

Associated

Banc-Corp

4,290,908‌

107,292

Atlantic

Union

Bankshares

Corp

3,711,230‌

82,534

*

Axos

Financial,

Inc

3,446,620‌

77,281

Banc

of

California,

Inc

1,353,190‌

29,238

Bancfirst

Corp

3,139,869‌

8,541

e

Bank

First

Corp

656,974‌

24,531

Bank

of

Marin

Bancorp

802,654‌

70,543

Bank

of

NT

Butterfield

&

Son

Ltd

2,390,702‌

117,194

BankUnited

4,552,987‌

7,880

Bankwell

Financial

Group,

Inc

258,306‌

49,368

Banner

Corp

3,060,322‌

23,315

Bar

Harbor

Bankshares

675,436‌

17,953

Baycom

Corp

351,699‌

20,054

BCB

Bancorp,

Inc

386,240‌

64,355

Berkshire

Hills

Bancorp,

Inc

1,812,880‌

36,744

*

Blue

Foundry

Bancorp

431,007‌

22,285

Blue

Ridge

Bankshares,

Inc

332,938‌

28,761

*

Bridgewater

Bancshares,

Inc

502,742‌

105,844

Brookline

Bancorp,

Inc

1,463,823‌

29,486

Business

First

Bancshares,

Inc

692,331‌

35,621

Byline

Bancorp,

Inc

872,358‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

179

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

262,951

Cadence

BanCorp

$

6,863,021‌

9,377

Cambridge

Bancorp

781,010‌

22,325

Camden

National

Corp

1,020,252‌

12,139

Capital

Bancorp,

Inc

303,354‌

18,901

Capital

City

Bank

Group,

Inc

612,203‌

184,920

Capitol

Federal

Financial

1,773,383‌

26,939

Capstar

Financial

Holdings,

Inc

565,988‌

33,893

*

Carter

Bankshares,

Inc

472,807‌

103,014

Cathay

General

Bancorp

4,295,684‌

26,441

CBTX,

Inc

818,349‌

42,388

Central

Pacific

Financial

Corp

1,003,748‌

19,873

Citizens

&

Northern

Corp

485,497‌

20,888

City

Holding

Co

1,812,870‌

18,904

Civista

Bancshares,

Inc

409,461‌

23,959

CNB

Financial

Corp

618,142‌

16,315

*

Coastal

Financial

Corp

672,667‌

22,879

e

Colony

Bankcorp

Inc

332,203‌

112,869

Columbia

Banking

System,

Inc

3,405,258‌

52,634

*

Columbia

Financial,

Inc

1,070,576‌

78,212

Community

Bank

System,

Inc

5,266,014‌

24,206

Community

Trust

Bancorp,

Inc

1,048,846‌

51,772

ConnectOne

Bancorp,

Inc

1,368,852‌

65,804

*

CrossFirst

Bankshares,

Inc

902,831‌

45,929

*

Customers

Bancorp,

Inc

1,754,029‌

199,102

CVB

Financial

Corp

5,310,050‌

49,792

Dime

Community

Bancshares,

Inc

1,696,911‌

44,235

Eagle

Bancorp,

Inc

2,168,842‌

230,714

Eastern

Bankshares,

Inc

4,706,566‌

46,322

e

Enact

Holdings,

Inc

1,067,259‌

13,817

Enterprise

Bancorp,

Inc

439,381‌

51,086

Enterprise

Financial

Services

Corp

2,402,575‌

21,429

Equity

Bancshares,

Inc

684,657‌

9,679

Esquire

Financial

Holdings,

Inc

350,573‌

151,373

Essent

Group

Ltd

6,321,336‌

16,904

e

Farmers

&

Merchants

Bancorp,

Inc

518,108‌

42,907

Farmers

National

Banc

Corp

609,279‌

52,918

FB

Financial

Corp

2,267,536‌

13,730

Federal

Agricultural

Mortgage

Corp

(FAMC)

1,514,282‌

65,984

*,e

Finance

Of

America

Cos,

Inc

116,792‌

20,676

Financial

Institutions,

Inc

548,121‌

49,538

First

Bancorp

1,876,499‌

281,272

First

Bancorp

4,244,394‌

13,531

First

Bancorp,

Inc

408,704‌

31,034

First

Bancshares,

Inc

899,986‌

21,560

First

Bank

324,694‌

73,386

First

Busey

Corp

1,808,965‌

11,200

First

Business

Financial

Services,

Inc

374,640‌

137,450

First

Commonwealth

Financial

Corp

2,037,009‌

24,101

First

Community

Bancshares,

Inc

773,160‌

134,488

First

Financial

Bancorp

3,004,462‌

188,557

First

Financial

Bankshares,

Inc

8,330,448‌

16,007

First

Financial

Corp

747,847‌

72,573

First

Foundation,

Inc

1,510,970‌

8,447

e

First

Guaranty

Bancshares,

Inc

209,655‌

14,338

First

Internet

Bancorp

508,282‌

136,942

First

Interstate

Bancsystem,

Inc

5,584,495‌

82,479

First

Merchants

Corp

3,425,353‌

28,697

First

Mid-Illinois

Bancshares,

Inc

1,078,146‌

31,154

First

of

Long

Island

Corp

567,003‌

11,035

*

First

Western

Financial,

Inc

308,870‌

18,910

Five

Star

Bancorp

498,657‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

180

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

73,392

Flagstar

Bancorp,

Inc

$

3,023,750‌

41,324

Flushing

Financial

Corp

892,185‌

232,055

Fulton

Financial

Corp

3,872,998‌

16,694

*,e

FVCBankcorp,

Inc

319,690‌

38,550

German

American

Bancorp,

Inc

1,458,732‌

159,610

Glacier

Bancorp,

Inc

7,994,865‌

15,018

Great

Southern

Bancorp,

Inc

930,215‌

4,721

Greene

County

Bancorp,

Inc

216,552‌

11,476

Guaranty

Bancshares,

Inc

428,858‌

123,624

Hancock

Whitney

Corp

6,034,087‌

46,567

Hanmi

Financial

Corp

1,176,748‌

70,659

HarborOne

Northeast

Bancorp,

Inc

1,024,555‌

14,060

HBT

Financial,

Inc

262,078‌

58,768

Heartland

Financial

USA,

Inc

2,638,683‌

91,191

Heritage

Commerce

Corp

1,074,230‌

48,281

Heritage

Financial

Corp

1,256,272‌

88,485

Hilltop

Holdings,

Inc

2,552,792‌

1,908

Hingham

Institution

for

Savings

553,339‌

10,191

Home

Bancorp,

Inc

383,895‌

272,749

Home

Bancshares,

Inc

6,436,876‌

11,862

e

Home

Point

Capital,

Inc

43,652‌

25,132

HomeStreet,

Inc

937,172‌

24,063

HomeTrust

Bancshares,

Inc

580,881‌

161,625

Hope

Bancorp,

Inc

2,430,840‌

61,901

Horizon

Bancorp

1,180,452‌

67,926

Independent

Bank

Corp

5,692,199‌

32,480

Independent

Bank

Corp

681,430‌

52,729

Independent

Bank

Group,

Inc

3,728,995‌

79,170

International

Bancshares

Corp

3,472,396‌

15,873

e

John

Marshall

Bancorp,

Inc

413,809‌

95,437

Kearny

Financial

Corp

1,117,567‌

93,467

Lakeland

Bancorp,

Inc

1,487,995‌

36,387

Lakeland

Financial

Corp

2,830,909‌

46,072

Live

Oak

Bancshares,

Inc

1,734,150‌

20,572

Luther

Burbank

Corp

271,345‌

36,503

Macatawa

Bank

Corp

339,478‌

23,415

Mercantile

Bank

Corp

829,828‌

25,797

Merchants

Bancorp

682,589‌

40,448

Meta

Financial

Group,

Inc

1,363,907‌

25,254

Metrocity

Bankshares,

Inc

523,010‌

14,832

*

Metropolitan

Bank

Holding

Corp

1,029,044‌

19,978

Mid

Penn

Bancorp,

Inc

572,969‌

33,930

Midland

States

Bancorp,

Inc

888,966‌

19,523

MidWestOne

Financial

Group,

Inc

609,313‌

104,375

*

Mr

Cooper

Group,

Inc

4,702,094‌

14,402

MVB

Financial

Corp

468,065‌

40,748

National

Bank

Holdings

Corp

1,695,932‌

60,824

NBT

Bancorp,

Inc

2,465,805‌

17,937

*

Nicolet

Bankshares,

Inc

1,434,601‌

117,879

*

NMI

Holdings,

Inc

2,232,628‌

9,396

Northeast

Bank

373,961‌

68,636

Northfield

Bancorp,

Inc

1,010,322‌

173,303

Northwest

Bancshares,

Inc

2,492,097‌

80,908

OceanFirst

Financial

Corp

1,663,468‌

70,116

OFG

Bancorp

1,926,087‌

423,607

Old

National

Bancorp

7,374,998‌

59,123

Old

Second

Bancorp,

Inc

830,678‌

32,176

Origin

Bancorp,

Inc

1,385,820‌

13,166

Orrstown

Financial

Services,

Inc

341,263‌

134,372

Pacific

Premier

Bancorp,

Inc

4,520,274‌

20,794

Park

National

Corp

2,694,071‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

181

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

14,104

Parke

Bancorp,

Inc

$

309,583‌

16,298

e

PCB

Bancorp

314,062‌

17,540

PCSB

Financial

Corp

341,855‌

27,454

Peapack

Gladstone

Financial

Corp

896,648‌

43,237

PennyMac

Financial

Services,

Inc

2,368,955‌

42,359

Peoples

Bancorp,

Inc

1,309,740‌

10,436

Peoples

Financial

Services

Corp

555,613‌

16,955

*

Pioneer

Bancorp,

Inc

164,633‌

19,698

Preferred

Bank

1,432,045‌

50,911

Premier

Financial

Corp

1,449,945‌

30,924

Primis

Financial

Corp

419,020‌

18,082

*

Professional

Holding

Corp

405,941‌

20,144

Provident

Bancorp

Inc

304,980‌

110,020

Provident

Financial

Services,

Inc

2,680,087‌

23,094

QCR

Holdings,

Inc

1,369,243‌

248,898

Radian

Group,

Inc

5,567,848‌

25,564

RBB

Bancorp

583,115‌

5,706

Red

River

Bancshares

Inc

312,974‌

79,645

Renasant

Corp

2,660,143‌

12,625

Republic

Bancorp,

Inc

(Class

A)

566,105‌

60,595

*

Republic

First

Bancorp,

Inc

219,354‌

57,915

S&T

Bancorp,

Inc

1,791,890‌

64,207

Sandy

Spring

Bancorp,

Inc

2,651,749‌

85,780

Seacoast

Banking

Corp

of

Florida

3,069,208‌

72,800

ServisFirst

Bancshares,

Inc

6,220,760‌

24,792

Shore

Bancshares,

Inc

485,923‌

18,048

Sierra

Bancorp

405,178‌

45,085

*

Silvergate

Capital

Corp

4,205,980‌

179,176

Simmons

First

National

Corp

(Class

A)

4,255,430‌

21,563

SmartFinancial,

Inc

566,029‌

15,593

South

Plains

Financial

Inc

411,967‌

107,723

South

State

Corp

9,131,679‌

10,600

*

Southern

First

Bancshares,

Inc

474,350‌

11,088

Southern

Missouri

Bancorp,

Inc

598,087‌

45,305

Southside

Bancshares,

Inc

1,809,482‌

23,940

*

Sterling

Bancorp,

Inc

149,864‌

41,550

Stock

Yards

Bancorp,

Inc

2,873,183‌

14,067

Summit

Financial

Group,

Inc

429,184‌

73,043

*

Texas

Capital

Bancshares,

Inc

4,281,781‌

82,199

*

The

Bancorp,

Inc

2,022,095‌

17,897

*

Third

Coast

Bancshares,

Inc

335,748‌

20,103

Tompkins

Financial

Corp

1,550,946‌

97,263

Towne

Bank

2,905,246‌

44,099

Trico

Bancshares

2,107,932‌

33,912

*

Triumph

Bancorp,

Inc

2,463,707‌

26,744

TrustCo

Bank

Corp

NY

897,529‌

88,808

Trustmark

Corp

2,883,596‌

63,424

UMB

Financial

Corp

5,739,872‌

190,813

United

Bankshares,

Inc

7,392,096‌

152,402

United

Community

Banks,

Inc

5,186,240‌

9,820

e

Unity

Bancorp,

Inc

275,156‌

44,697

Univest

Financial

Corp

1,114,743‌

15,236

*,e

USCB

Financial

Holdings,

Inc

184,965‌

617,759

Valley

National

Bancorp

7,221,603‌

13,428

*

Velocity

Financial,

Inc

158,853‌

73,250

Veritex

Holdings,

Inc

2,266,355‌

44,103

Walker

&

Dunlop,

Inc

4,967,762‌

94,610

Washington

Federal,

Inc

3,229,039‌

26,147

Washington

Trust

Bancorp,

Inc

1,434,947‌

29,370

Waterstone

Financial,

Inc

547,751‌

84,463

WesBanco,

Inc

2,881,878‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

182

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

BANKS—continued

22,562

West

Bancorporation,

Inc

$

586,838‌

38,583

Westamerica

Bancorporation

2,315,366‌

92,389

WSFS

Financial

Corp

4,408,803‌

TOTAL

BANKS

398,864,811‌

CAPITAL

GOODS

-

10

.3

%

62,988

Aaon,

Inc

3,789,988‌

47,769

*

AAR

Corp

2,127,154‌

116,961

Aerojet

Rocketdyne

Holdings,

Inc

5,110,026‌

33,394

*

Aerovironment,

Inc

2,893,256‌

27,937

*

AerSale

Corp

489,177‌

13,993

Alamo

Group,

Inc

1,810,834‌

45,298

Albany

International

Corp

(Class

A)

4,134,348‌

18,217

Allied

Motion

Technologies,

Inc

490,766‌

36,831

*

Alta

Equipment

Group,

Inc

413,980‌

93,386

Altra

Industrial

Motion

Corp

3,896,998‌

45,219

*

Ameresco,

Inc

2,587,431‌

25,222

*

American

Woodmark

Corp

1,266,649‌

297,305

*

API

Group

Corp

5,265,272‌

33,498

Apogee

Enterprises,

Inc

1,393,852‌

54,965

Applied

Industrial

Technologies,

Inc

5,528,929‌

178,531

*,e

Archer

Aviation,

Inc

721,265‌

69,614

Arcosa,

Inc

3,589,298‌

19,566

Argan,

Inc

727,073‌

218,820

*

Array

Technologies,

Inc

3,687,117‌

31,825

Astec

Industries,

Inc

1,563,562‌

248,107

*,e

Astra

Space,

Inc

354,793‌

38,379

*

Astronics

Corp

430,612‌

61,846

*

Atkore

International

Group,

Inc

6,139,452‌

34,143

AZZ,

Inc

1,452,443‌

97,673

*

Babcock

&

Wilcox

Enterprises,

Inc

777,477‌

70,844

Barnes

Group,

Inc

2,395,944‌

78,025

*

Beacon

Roofing

Supply,

Inc

4,683,061‌

69,076

*,e

Berkshire

Grey,

Inc

121,574‌

55,261

*,e

Blink

Charging

Co

1,169,875‌

234,173

*

Bloom

Energy

Corp

4,737,320‌

24,745

*

Blue

Bird

Corp

276,154‌

13,641

*

BlueLinx

Holdings,

Inc

1,091,280‌

56,751

Boise

Cascade

Co

4,012,863‌

36,284

Brookfield

Business

Corp

829,089‌

23,010

Cadre

Holdings,

Inc

544,187‌

28,872

e

Caesarstone

Sdot-Yam

Ltd

259,271‌

53,049

*

Chart

Industries,

Inc

10,349,329‌

32,639

*

CIRCOR

International,

Inc

568,245‌

39,851

Columbus

McKinnon

Corp

1,319,068‌

50,907

Comfort

Systems

USA,

Inc

5,378,834‌

32,351

*

Concrete

Pumping

Holdings

Inc

211,252‌

56,768

*

Construction

Partners

Inc

1,349,943‌

21,818

CSW

Industrials,

Inc

2,606,596‌

102,717

*,e

Custom

Truck

One

Source,

Inc

635,818‌

122,499

*,e

Decarbonization

Plus

Acquisition

Corp

492,446‌

369,528

*,e

Desktop

Metal,

Inc

787,095‌

32,435

Douglas

Dynamics,

Inc

1,033,379‌

15,400

*

Ducommun,

Inc

729,036‌

21,271

*

DXP

Enterprises,

Inc

723,214‌

41,513

*

Dycom

Industries,

Inc

4,282,481‌

73,259

EMCOR

Group,

Inc

8,525,150‌

27,439

Encore

Wire

Corp

3,799,478‌

82,788

*

Energy

Recovery,

Inc

1,840,377‌

35,135

*,e

Energy

Vault

Holdings,

Inc

156,351‌

86,402

Enerpac

Tool

Group

Corp

1,753,961‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

183

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

59,365

EnerSys

$

3,912,747‌

155,393

*,e

Enovix

Corp

2,069,835‌

30,167

EnPro

Industries,

Inc

2,820,011‌

35,916

ESCO

Technologies,

Inc

2,785,286‌

112,738

*,e

ESS

Tech,

Inc

428,404‌

169,077

*

Evoqua

Water

Technologies

Corp

6,443,524‌

14,420

*,e

Fathom

Digital

Manufacturing

C

61,718‌

84,157

Federal

Signal

Corp

3,494,199‌

50,289

*,e

Fluence

Energy,

Inc

690,971‌

205,896

*

Fluor

Corp

5,231,817‌

65,999

Franklin

Electric

Co,

Inc

5,994,029‌

60,542

*,e

FTC

Solar,

Inc

303,921‌

529,783

*,e

FuelCell

Energy,

Inc

1,901,921‌

50,992

GATX

Corp

5,111,948‌

45,951

*

Gibraltar

Industries,

Inc

2,150,047‌

20,470

Global

Industrial

Co

731,803‌

62,630

*

GMS,

Inc

3,323,774‌

31,797

Gorman-Rupp

Co

976,168‌

287,501

GrafTech

International

Ltd

2,213,758‌

63,482

Granite

Construction,

Inc

1,898,112‌

92,133

*

Great

Lakes

Dredge

&

Dock

Corp

1,191,280‌

44,373

Greenbrier

Cos,

Inc

1,411,949‌

67,920

Griffon

Corp

2,038,279‌

47,936

H&E

Equipment

Services,

Inc

1,713,712‌

26,888

*,e

Heliogen,

Inc

66,413‌

46,944

Helios

Technologies,

Inc

3,230,686‌

36,886

Herc

Holdings,

Inc

4,574,602‌

104,256

Hillenbrand,

Inc

4,816,627‌

198,598

*

Hillman

Solutions

Corp

2,055,489‌

60,125

*

Hudson

Technologies,

Inc

535,714‌

77,565

*

Hydrofarm

Holdings

Group,

Inc

250,535‌

187,746

*,e

Hyliion

Holdings

Corp

737,842‌

16,037

Hyster-Yale

Materials

Handling,

Inc

554,720‌

13,056

*

IES

Holdings,

Inc

430,848‌

49,928

*

Infrastructure

and

Energy

Alternatives,

Inc

704,983‌

26,810

Insteel

Industries,

Inc

839,153‌

113,867

*

Janus

International

Group,

Inc

1,158,027‌

126,460

*

JELD-WEN

Holding,

Inc

2,248,459‌

45,454

John

Bean

Technologies

Corp

5,104,939‌

16,684

Kadant,

Inc

3,401,033‌

39,083

Kaman

Corp

1,202,975‌

7,176

*

Karat

Packaging,

Inc

136,559‌

115,908

Kennametal,

Inc

3,112,130‌

173,809

*

Kratos

Defense

&

Security

Solutions,

Inc

2,501,112‌

7,476

*

Lawson

Products,

Inc

370,810‌

55,570

*,e

Lightning

eMotors,

Inc

197,274‌

15,653

Lindsay

Corp

2,409,936‌

37,998

Luxfer

Holdings

plc

620,887‌

57,041

*

Manitowoc

Co,

Inc

651,979‌

205,181

*,e

Markforged

Holding

Corp

449,346‌

31,443

*

Masonite

International

Corp

2,862,256‌

105,291

Maxar

Technologies,

Inc

2,893,397‌

35,022

McGrath

RentCorp

2,954,456‌

103,895

*

Meritor,

Inc

3,783,856‌

237,895

*

Microvast

Holdings,

Inc

630,422‌

19,159

Miller

Industries,

Inc

460,391‌

97,998

*,e

Momentus,

Inc

172,477‌

41,106

Moog,

Inc

(Class

A)

3,520,318‌

116,073

*

MRC

Global,

Inc

1,348,768‌

80,389

Mueller

Industries,

Inc

5,412,591‌

225,583

Mueller

Water

Products,

Inc

(Class

A)

2,937,091‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

184

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CAPITAL

GOODS—continued

23,888

*

MYR

Group,

Inc

$

2,274,854‌

6,945

National

Presto

Industries,

Inc

494,484‌

424,528

*,e

Nikola

Corp

2,640,564‌

13,152

*

Northwest

Pipe

Co

412,315‌

156,785

*

NOW,

Inc

1,734,042‌

24,164

*,e

NuScale

Power

Corp

346,512‌

19,751

*

NV5

Global

Inc

2,678,236‌

4,550

Omega

Flex,

Inc

523,205‌

27,268

Park

Aerospace

Corp

332,670‌

48,042

*

Parsons

Corp

2,076,856‌

83,007

*

PGT

Innovations,

Inc

1,817,853‌

17,030

Powell

Industries,

Inc

408,039‌

3,783

Preformed

Line

Products

Co

226,223‌

73,940

Primoris

Services

Corp

1,727,238‌

310,888

*,e

Proterra,

Inc

1,675,686‌

39,162

*

Proto

Labs,

Inc

1,914,630‌

50,446

Quanex

Building

Products

Corp

1,241,476‌

41,074

*

RBC

Bearings,

Inc

9,693,464‌

27,132

*,e

Redwire

Corp

89,536‌

207,899

*

Resideo

Technologies,

Inc

4,679,807‌

49,721

REV

Group,

Inc

578,752‌

303,278

*,e

Rocket

Lab

USA,

Inc

1,416,308‌

62,097

Rush

Enterprises,

Inc

(Class

A)

2,992,454‌

10,518

Rush

Enterprises,

Inc

(Class

B)

570,602‌

105,841

*

Sarcos

Technology

and

Robotics

Corp

354,567‌

161,682

*

Shoals

Technologies

Group,

Inc

3,820,546‌

50,015

Shyft

Group,

Inc

1,297,389‌

62,265

Simpson

Manufacturing

Co,

Inc

6,430,729‌

63,031

*

SPX

Corp

3,727,023‌

16,897

Standex

International

Corp

1,640,361‌

212,978

*,e

Stem,

Inc

2,413,041‌

43,540

*

Sterling

Construction

Co,

Inc

1,119,413‌

27,784

Tennant

Co

1,862,362‌

98,255

Terex

Corp

3,292,525‌

33,484

*,e

Terran

Orbital

Corp

141,972‌

69,064

Textainer

Group

Holdings

Ltd

2,346,104‌

45,098

*

Thermon

Group

Holdings

702,176‌

76,619

*

Titan

International,

Inc

1,284,134‌

28,339

*

Titan

Machinery,

Inc

797,176‌

51,134

*

TPI

Composites,

Inc

842,177‌

9,859

*

Transcat

Inc

614,413‌

120,731

Trinity

Industries,

Inc

3,132,969‌

91,451

Triton

International

Ltd

5,860,180‌

95,481

*

Triumph

Group,

Inc

1,483,775‌

69,372

*

Tutor

Perini

Corp

629,898‌

87,456

UFP

Industries,

Inc

8,064,318‌

16,056

*

Vectrus,

Inc

533,701‌

79,225

*,e

Velo3D,

Inc

254,312‌

21,168

*

Veritiv

Corp

2,625,255‌

31,321

*

Vicor

Corp

2,285,180‌

178,285

*,e

View,

Inc

394,010‌

332,408

*,e

Virgin

Galactic

Holdings,

Inc

2,473,116‌

68,633

Wabash

National

Corp

1,239,512‌

39,291

Watts

Water

Technologies,

Inc

(Class

A)

5,427,266‌

76,493

*,e

Xos,

Inc

136,922‌

178,935

Zurn

Water

Solutions

Corp

5,180,168‌

TOTAL

CAPITAL

GOODS

370,495,233‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

3

.3

%

96,327

ABM

Industries,

Inc

4,319,303‌

144,641

ACCO

Brands

Corp

1,037,076‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

185

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMERCIAL

&

PROFESSIONAL

SERVICES—continued

160,755

*

ACV

Auctions,

Inc

$

1,187,979‌

488,100

*

Alight,

Inc

3,680,274‌

29,597

Aris

Water

Solution,

Inc

626,568‌

72,224

*

ASGN

Inc

7,493,962‌

21,078

*,e

Atlas

Technical

Consultants,

Inc

147,968‌

10,035

Barrett

Business

Services,

Inc

818,756‌

67,610

Brady

Corp

(Class

A)

3,235,138‌

69,867

*

BrightView

Holdings,

Inc

918,052‌

66,676

Brink's

Co

3,796,531‌

72,709

*

Casella

Waste

Systems,

Inc

(Class

A)

5,885,794‌

70,085

*

CBIZ,

Inc

3,197,278‌

24,639

*

Cimpress

plc

990,241‌

1,670

Compx

International,

Inc

37,992‌

176,744

*

CoreCivic,

Inc

1,903,533‌

11,079

CRA

International,

Inc

1,096,932‌

60,805

Deluxe

Corp

1,528,638‌

35,568

Ennis,

Inc

777,161‌

74,553

Exponent,

Inc

7,491,831‌

81,836

*

First

Advantage

Corp

1,148,159‌

15,725

*

Forrester

Research,

Inc

731,055‌

17,415

*

Franklin

Covey

Co

911,327‌

165,157

*

Geo

Group,

Inc

1,083,430‌

111,593

*

Harsco

Corp

536,762‌

106,556

Healthcare

Services

Group

1,528,013‌

27,521

Heidrick

&

Struggles

International,

Inc

857,004‌

23,735

*

Heritage-Crystal

Clean,

Inc

796,547‌

109,767

Herman

Miller,

Inc

3,305,084‌

34,739

*

HireRight

Holdings

Corp

516,222‌

61,686

HNI

Corp

2,178,749‌

30,497

*

Huron

Consulting

Group,

Inc

2,046,349‌

26,016

ICF

International,

Inc

2,454,610‌

52,138

Insperity,

Inc

5,721,624‌

83,537

Interface,

Inc

1,210,451‌

174,232

*

KAR

Auction

Services,

Inc

2,979,367‌

48,227

Kelly

Services,

Inc

(Class

A)

1,045,561‌

30,047

Kforce,

Inc

1,978,595‌

52,387

Kimball

International,

Inc

(Class

B)

429,050‌

76,927

Korn/Ferry

International

5,039,488‌

140,272

*,e

Legalzoom.com,

Inc

1,470,051‌

189,240

*,e

Li-Cycle

Holdings

Corp

1,360,636‌

44,250

Mantech

International

Corp

(Class

A)

4,240,035‌

46,300

Matthews

International

Corp

(Class

A)

1,294,085‌

39,439

*

Montrose

Environmental

Group,

Inc

1,582,293‌

9,268

NL

Industries,

Inc

86,470‌

244,580

Pitney

Bowes,

Inc

799,777‌

223,898

*,e

Planet

Labs

PBC

1,193,376‌

72,726

*

Quad

Graphics,

Inc

231,269‌

13,233

*,e

Red

Violet,

Inc

312,299‌

43,962

Resources

Connection,

Inc

943,424‌

113,525

*,e

Skillsoft

Corp

435,936‌

32,878

*

SP

Plus

Corp

1,126,400‌

174,994

*

Spire

Global,

Inc

262,491‌

120,154

Steelcase,

Inc

(Class

A)

1,337,314‌

33,018

*,e

Sterling

Check

Corp

648,804‌

53,765

*

TriNet

Group,

Inc

4,435,612‌

45,739

*

TrueBlue,

Inc

989,792‌

21,849

Unifirst

Corp

4,280,001‌

172,411

*

Upwork,

Inc

3,199,948‌

28,588

*

Viad

Corp

965,417‌

14,798

VSE

Corp

620,776‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

186

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMERCIAL

&

PROFESSIONAL

SERVICES—continued

16,227

*

Willdan

Group,

Inc

$

441,537‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

118,926,197‌

CONSUMER

DURABLES

&

APPAREL

-

2

.8

%

49,785

Acushnet

Holdings

Corp

2,426,023‌

134,776

*,e

Allbirds,

Inc

692,749‌

127,562

*,e

AMMO,

Inc

622,503‌

15,982

*,e

Aterian,

Inc

36,439‌

48,428

*

Beazer

Homes

USA,

Inc

714,313‌

201,097

*

Callaway

Golf

Co

4,615,176‌

13,224

*

Cavco

Industries,

Inc

3,409,015‌

42,699

Century

Communities,

Inc

2,184,908‌

39,006

Clarus

Corp

804,304‌

87,241

*

Crocs,

Inc

6,249,945‌

29,328

*,e

Dream

Finders

Homes,

Inc

381,264‌

74,963

Ermenegildo

Zegna

Holditalia

S.p.A

824,593‌

32,310

Ethan

Allen

Interiors,

Inc

742,807‌

76,599

*

Fossil

Group,

Inc

461,892‌

65,348

*

G-III

Apparel

Group

Ltd

1,443,537‌

196,791

*

GoPro,

Inc

1,251,591‌

39,809

*

Green

Brick

Partners,

Inc

1,066,881‌

34,734

*

Helen

of

Troy

Ltd

4,647,062‌

8,520

*

Hovnanian

Enterprises,

Inc

413,305‌

34,691

Installed

Building

Products,

Inc

3,518,361‌

38,325

*

iRobot

Corp

1,763,333‌

7,010

Johnson

Outdoors,

Inc

471,843‌

111,720

KB

Home

3,646,541‌

81,256

Kontoor

Brands,

Inc

2,965,844‌

9,397

*

Landsea

Homes

Corp

69,162‌

78,371

*

Latham

Group,

Inc

430,257‌

60,789

La-Z-Boy,

Inc

1,694,189‌

12,268

*

Legacy

Housing

Corp

166,599‌

30,082

*

LGI

Homes,

Inc

3,393,250‌

20,138

Lifetime

Brands,

Inc

216,685‌

18,991

*

Lovesac

Co

591,760‌

40,527

*

M/I

Homes,

Inc

1,864,647‌

28,906

*

Malibu

Boats,

Inc

1,805,180‌

11,799

Marine

Products

Corp

128,137‌

29,715

*

MasterCraft

Boat

Holdings,

Inc

703,948‌

82,311

MDC

Holdings,

Inc

2,983,774‌

52,131

*

Meritage

Homes

Corp

4,603,167‌

22,241

Movado

Group,

Inc

755,749‌

21,616

Oxford

Industries,

Inc

2,062,166‌

54,661

*,e

PLBY

Group,

Inc

350,924‌

85,756

*,e

Purple

Innovation,

Inc

299,288‌

8,350

Rocky

Brands,

Inc

274,548‌

76,681

*

Skyline

Champion

Corp

4,853,907‌

65,908

Smith

&

Wesson

Brands,

Inc

958,961‌

25,142

*,e

Snap

One

Holdings

Corp

305,727‌

44,906

*,e

Solo

Brands,

Inc

224,081‌

184,372

*

Sonos,

Inc

4,076,465‌

113,280

Steven

Madden

Ltd

3,590,976‌

24,213

Sturm

Ruger

&

Co,

Inc

1,601,206‌

18,501

Superior

Uniform

Group,

Inc

341,528‌

165,871

*

Taylor

Morrison

Home

Corp

4,760,498‌

73,344

*

Traeger,

Inc

225,166‌

148,488

*

TRI

Pointe

Homes,

Inc

2,749,998‌

74,717

*

Tupperware

Brands

Corp

557,389‌

26,745

*

Unifi,

Inc

364,534‌

17,450

*

Universal

Electronics,

Inc

484,238‌

256,324

*,e

Vinco

Ventures,

Inc

194,806‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

187

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

81,310

*

Vista

Outdoor,

Inc

$

2,447,431‌

98,030

*

Vizio

Holding

Corp

897,955‌

82,592

*,e

Vuzix

Corp

674,777‌

37,009

e

Weber,

Inc

235,747‌

111,581

Wolverine

World

Wide,

Inc

2,507,225‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

99,800,274‌

CONSUMER

SERVICES

-

3

.2

%

108,535

*

2U,

Inc

1,062,558‌

88,522

*

Accel

Entertainment,

Inc

1,067,575‌

65,116

*

Adtalem

Global

Education,

Inc

2,611,152‌

26,162

*

American

Public

Education,

Inc

411,005‌

60,291

*,e

Bally's

Corp

1,324,593‌

181,162

*,e

Beachbody

Co,

Inc

217,394‌

1,269

*

Biglari

Holdings,

Inc

(B

Shares)

152,546‌

31,486

*

BJ's

Restaurants,

Inc

738,976‌

128,536

Bloomin'

Brands,

Inc

2,620,849‌

21,854

Bluegreen

Vacations

Holding

Corp

574,323‌

54,199

*,e

Bowlero

Corp

620,037‌

60,613

*

Brinker

International,

Inc

1,682,011‌

21,150

Carriage

Services,

Inc

767,322‌

41,827

*

Century

Casinos,

Inc

352,602‌

71,419

e

Cheesecake

Factory

2,087,577‌

178,860

*

Chegg,

Inc

3,809,718‌

31,170

*

Chuy's

Holdings,

Inc

692,909‌

163,286

*

Coursera,

Inc

2,268,043‌

32,719

e

Cracker

Barrel

Old

Country

Store,

Inc

3,110,595‌

59,868

*

Dave

&

Buster's

Entertainment,

Inc

2,236,668‌

83,764

*

Denny's

Corp

813,348‌

23,526

Dine

Brands

Global

Inc.

1,677,639‌

33,881

*

Duolingo,

Inc

3,108,582‌

29,146

*

El

Pollo

Loco

Holdings,

Inc

283,299‌

29,458

European

Wax

Center,

Inc

616,261‌

126,667

*

Everi

Holdings,

Inc

2,433,273‌

71,422

*,e

F45

Training

Holdings,

Inc

140,701‌

16,618

*

First

Watch

Restaurant

Group,

Inc

276,191‌

119,925

*

frontdoor,

Inc

3,210,392‌

55,795

*

Full

House

Resorts,

Inc

346,487‌

30,940

*

Golden

Entertainment,

Inc

1,357,338‌

5,414

Graham

Holdings

Co

3,218,569‌

128,812

*

Hilton

Grand

Vacations,

Inc

5,251,665‌

14,597

*

Inspirato,

Inc

73,423‌

30,928

*

Inspired

Entertainment,

Inc

319,796‌

144,503

e

International

Game

Technology

plc

2,738,332‌

30,123

Jack

in

the

Box,

Inc

2,082,704‌

107,110

e

Krispy

Kreme,

Inc

1,529,531‌

6,679

*

Kura

Sushi

USA,

Inc

563,975‌

157,805

Laureate

Education,

Inc

1,868,411‌

64,881

*

Life

Time

Group

Holdings,

Inc

940,775‌

48,183

*,e

Lindblad

Expeditions

Holdings,

Inc

380,646‌

19,775

*

Monarch

Casino

&

Resort,

Inc

1,268,566‌

15,659

*

NEOGAMES

S.A.

239,426‌

75,833

*,e

Nerdy,

Inc

197,924‌

63,679

*

Noodles

&

Co

331,768‌

30,594

*

ONE

Group

Hospitality,

Inc

256,684‌

92,351

*

OneSpaWorld

Holdings

Ltd

665,851‌

47,835

Papa

John's

International,

Inc

4,586,898‌

94,995

*

Perdoceo

Education

Corp

1,301,432‌

27,792

*,e

Portillo's,

Inc

634,491‌

62,251

*

PowerSchool

Holdings,

Inc

897,037‌

13,832

RCI

Hospitality

Holdings,

Inc

787,871‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

188

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

CONSUMER

SERVICES—continued

77,064

Red

Rock

Resorts,

Inc

$

3,030,927‌

129,291

*,e

Rover

Group,

Inc

565,002‌

99,857

*

Rush

Street

Interactive,

Inc

553,208‌

45,777

Ruth's

Hospitality

Group

Inc

803,386‌

140,743

*

Scientific

Games

Corp

(Class

A)

7,169,448‌

62,960

*

SeaWorld

Entertainment,

Inc

3,005,081‌

53,046

*

Shake

Shack,

Inc

2,729,747‌

38,192

*

StoneMor,

Inc

129,471‌

33,519

Strategic

Education,

Inc

2,407,670‌

57,892

*

Stride,

Inc

2,586,615‌

22,195

*

Sweetgreen,

Inc

348,683‌

43,560

*

Target

Hospitality

Corp

598,950‌

98,240

Texas

Roadhouse,

Inc

(Class

A)

8,568,493‌

100,591

*

Udemy,

Inc

1,202,062‌

45,201

*,e

Universal

Technical

Institute,

Inc

363,416‌

57,337

*

Vacasa,

Inc

149,650‌

135,269

*,e

Vivint

Smart

Home,

Inc

646,586‌

43,093

Wingstop,

Inc

5,437,475‌

78,175

*

WW

International

Inc

519,082‌

28,598

*

Xponential

Fitness,

Inc

424,394‌

TOTAL

CONSUMER

SERVICES

114,047,085‌

DIVERSIFIED

FINANCIALS

-

4

.4

%

22,080

AFC

Gamma,

Inc

362,112‌

21,109

Alerus

Financial

Corp

520,126‌

27,366

A-Mark

Precious

Metals,

Inc

829,190‌

23,519

Angel

Oak

Mortgage,

Inc

332,794‌

195,918

Apollo

Commercial

Real

Estate

Finance,

Inc

2,503,832‌

218,487

Arbor

Realty

Trust,

Inc

3,631,254‌

62,387

Ares

Commercial

Real

Estate

Corp

854,702‌

146,613

ARMOUR

Residential

REIT,

Inc

1,153,844‌

86,263

Artisan

Partners

Asset

Management,

Inc

3,429,817‌

35,318

*

Assetmark

Financial

Holdings,

Inc

670,689‌

3,259

Associated

Capital

Group,

Inc

133,293‌

8,422

*

Atlanticus

Holdings

Corp

325,426‌

30,426

B.

Riley

Financial,

Inc

1,568,156‌

79,729

*,e

Bakkt

Holdings,

Inc

224,038‌

45,931

Banco

Latinoamericano

de

Exportaciones

S.A.

(Class

E)

636,144‌

453,222

BGC

Partners,

Inc

(Class

A)

1,654,260‌

244,569

Blackstone

Mortgage

Trust,

Inc

7,574,302‌

65,582

*

Blucora,

Inc

1,311,640‌

45,183

Brightsphere

Investment

Group,

Inc

854,411‌

145,038

BrightSpire

Capital,

Inc

1,282,136‌

181,244

Broadmark

Realty

Capital,

Inc

1,375,642‌

105,388

*

Cannae

Holdings,

Inc

2,224,741‌

7,901

Chicago

Atlantic

Real

Estate

Finance,

Inc

112,352‌

331,549

Chimera

Investment

Corp

3,471,318‌

133,537

Claros

Mortgage

Trust,

Inc

2,558,569‌

36,666

Cohen

&

Steers,

Inc

2,701,918‌

84,454

e

Compass

Diversified

Trust

2,037,875‌

19,962

*,e

Consumer

Portfolio

Services,

Inc

255,913‌

37,191

Cowen

Group,

Inc

1,304,288‌

44,600

Curo

Group

Holdings

Corp

319,336‌

4,277

Diamond

Hill

Investment

Group,

Inc

817,634‌

38,548

*

Donnelley

Financial

Solutions,

Inc

1,310,247‌

51,164

Dynex

Capital,

Inc

859,555‌

81,107

Ellington

Financial

Inc

1,301,767‌

35,147

*

Encore

Capital

Group,

Inc

2,545,697‌

44,381

*

Enova

International,

Inc

1,531,588‌

69,695

*

Ezcorp,

Inc

(Class

A)

560,348‌

127,158

Federated

Investors,

Inc

(Class

B)

4,337,359‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

189

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

DIVERSIFIED

FINANCIALS—continued

55,472

FirstCash

Holdings,

Inc

$

4,063,879‌

83,577

*

Focus

Financial

Partners,

Inc

3,379,018‌

118,327

Franklin

BSP

Realty

Trust,

Inc

1,816,319‌

8,005

GAMCO

Investors,

Inc

(Class

A)

166,024‌

61,349

e

GCM

Grosvenor,

Inc

485,271‌

84,656

Granite

Point

Mortgage

Trust,

Inc

898,200‌

68,570

*

Green

Dot

Corp

1,926,817‌

50,750

Hamilton

Lane,

Inc

3,835,177‌

122,517

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc

4,421,639‌

74,084

Houlihan

Lokey,

Inc

6,264,543‌

52,606

Invesco

Mortgage

Capital,

Inc

931,126‌

85,182

e

iShares

Russell

2000

Index

Fund

15,950,329‌

109,121

Jackson

Financial,

Inc

3,001,919‌

72,106

KKR

Real

Estate

Finance

Trust,

Inc

1,405,346‌

168,296

Ladder

Capital

Corp

1,999,356‌

146,852

*

LendingClub

Corp

2,033,900‌

16,734

*

LendingTree,

Inc

762,736‌

22,149

Manning

&

Napier,

Inc

281,514‌

24,078

*

MarketWise,

Inc

68,622‌

143,266

MFA

Financial,

Inc

1,856,727‌

92,559

Moelis

&

Co

4,311,398‌

202,493

*,e

Moneylion,

Inc

317,914‌

168,230

Navient

Corp

2,770,748‌

21,823

Nelnet,

Inc

(Class

A)

2,075,149‌

35,768

*

NerdWallet,

Inc

310,466‌

530,577

New

York

Mortgage

Trust,

Inc

1,666,012‌

10,916

Nexpoint

Real

Estate

Finance,

Inc

230,328‌

147,300

*

Open

Lending

Corp

1,526,028‌

49,886

*

Oportun

Financial

Corp

457,953‌

12,581

Oppenheimer

Holdings,

Inc

422,596‌

19,207

*

OppFi,

Inc

58,773‌

248,925

Orchid

Island

Capital,

Inc

801,539‌

128,330

PennyMac

Mortgage

Investment

Trust

1,971,149‌

65,263

e

Perella

Weinberg

Partners

460,104‌

25,041

Piper

Jaffray

Cos

3,160,174‌

35,449

PJT

Partners,

Inc

2,533,895‌

56,844

*

PRA

Group,

Inc

2,264,665‌

75,561

*

PROG

Holdings,

Inc

1,391,834‌

23,257

Pzena

Investment

Management,

Inc

(Class

A)

219,314‌

103,166

Ready

Capital

Corp

1,435,039‌

181,936

Redwood

Trust,

Inc

1,575,566‌

12,947

Regional

Management

Corp

530,827‌

44,763

Sculptor

Capital

Management,

Inc

439,125‌

13,835

e

Silvercrest

Asset

Management

Group,

Inc

246,263‌

77,577

StepStone

Group,

Inc

2,066,651‌

23,964

*

StoneX

Group,

Inc

2,087,983‌

34,026

*,e

Sunlight

Financial

Holdings,

Inc

129,299‌

4,871

*,e

SWK

Holdings

Corp

88,019‌

106,096

TPG

RE

Finance

Trust,

Inc

1,151,142‌

481,487

Two

Harbors

Investment

Corp

2,590,400‌

1,276

Value

Line,

Inc

110,744‌

26,974

Victory

Capital

Holdings,

Inc

746,371‌

10,479

Virtus

Investment

Partners,

Inc

2,162,027‌

196,194

e

WisdomTree

Investments,

Inc

1,020,209‌

5,686

*,e

World

Acceptance

Corp

629,867‌

TOTAL

DIVERSIFIED

FINANCIALS

158,986,346‌

ENERGY

-

5

.7

%

40,518

*,e

Aemetis,

Inc

297,807‌

117,588

*

Alto

Ingredients,

Inc

505,628‌

25,931

e

Altus

Midstream

Co

1,054,873‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

190

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

49,857

*

Amplify

Energy

Corp

$

341,520‌

22,012

Arch

Resources,

Inc

2,842,630‌

86,880

*

Archaea

Energy,

Inc

1,423,094‌

203,109

Archrock,

Inc

1,714,240‌

48,656

*

Ardmore

Shipping

Corp

396,546‌

1,132

*

Battalion

Oil

Corp

11,988‌

125,752

Berry

Petroleum

Co

LLC

1,073,922‌

106,032

Bonanza

Creek

Energy,

Inc

6,251,647‌

187,450

*,e

Borr

Drilling

Ltd

719,808‌

72,452

Brigham

Minerals,

Inc

1,923,601‌

34,474

*

Bristow

Group,

Inc

889,429‌

82,730

Cactus,

Inc

3,440,741‌

112,517

California

Resources

Corp

5,047,513‌

71,527

*

Callon

Petroleum

Co

3,293,103‌

303,832

*

Centennial

Resource

Development,

Inc

2,023,521‌

16,696

*,e

Centrus

Energy

Corp

553,472‌

293,714

ChampionX

Corp

6,135,685‌

255,123

*,e

Clean

Energy

Fuels

Corp

1,653,197‌

278,408

*

CNX

Resources

Corp

4,808,106‌

135,943

*

Comstock

Resources

Inc

2,165,572‌

49,641

*

CONSOL

Energy,

Inc

3,043,986‌

50,832

e

Crescent

Energy,

Inc

742,147‌

42,261

CVR

Energy,

Inc

1,417,434‌

100,852

Delek

US

Holdings,

Inc

2,688,714‌

72,999

*

Denbury,

Inc

5,249,358‌

195,640

DHT

Holdings,

Inc

1,285,355‌

139,657

*,e

Diamond

Offshore

Drilling,

Inc

942,685‌

31,488

*

DMC

Global,

Inc

716,667‌

42,742

Dorian

LPG

Ltd

689,001‌

47,574

*

Dril-Quip,

Inc

1,220,273‌

60,236

*,e

Earthstone

Energy,

Inc

854,749‌

9,452

*,e

Empire

Petroleum

Corp

103,972‌

239,570

*,e

Energy

Fuels,

Inc

1,607,515‌

591,111

Equitrans

Midstream

Corp

4,640,221‌

25,892

*

Excelerate

Energy,

Inc

573,249‌

43,166

e

FLEX

LNG

Ltd

1,375,269‌

118,051

*

Frank's

International

NV

1,437,861‌

176,948

*

Frontline

Ltd

1,696,931‌

274,978

*,e

Gevo,

Inc

808,435‌

145,384

*

Golar

LNG

Ltd

3,252,240‌

76,775

*

Green

Plains

Inc

2,765,436‌

17,053

*

Gulfport

Energy

Operating

Corp

1,569,558‌

199,856

*

Helix

Energy

Solutions

Group,

Inc

807,418‌

148,358

Helmerich

&

Payne,

Inc

6,868,975‌

12,246

e

HighPeak

Energy,

Inc

301,007‌

68,630

International

Seaways,

Inc

1,623,100‌

649,222

*

Kosmos

Energy

Ltd

4,116,068‌

25,163

*

Laredo

Petroleum,

Inc

2,231,203‌

204,840

*

Liberty

Oilfield

Services,

Inc

2,908,728‌

240,226

Magnolia

Oil

&

Gas

Corp

5,796,653‌

161,830

Matador

Resources

Co

9,350,537‌

211,861

Murphy

Oil

Corp

7,444,796‌

12,662

*

Nabors

Industries

Ltd

1,804,208‌

5,622

Nacco

Industries,

Inc

(Class

A)

220,945‌

64,215

*

National

Energy

Services

Reunited

Corp

452,716‌

148,483

*

Newpark

Resources,

Inc

522,660‌

43,149

*,e

NextDecade

Corp

305,063‌

251,048

*

NexTier

Oilfield

Solutions,

Inc

2,502,949‌

54,206

*

Noble

Corp

1,626,180‌

265,756

e

Nordic

American

Tankers

Ltd

637,814‌

95,425

Northern

Oil

and

Gas,

Inc

2,751,103‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

191

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

ENERGY—continued

61,213

Oasis

Petroleum,

Inc

$

7,849,955‌

139,549

*

Oceaneering

International,

Inc

1,482,010‌

107,018

*

Oil

States

International,

Inc

545,792‌

68,191

*

Par

Pacific

Holdings,

Inc

1,125,152‌

308,342

Patterson-UTI

Energy,

Inc

5,103,060‌

139,227

*

PBF

Energy,

Inc

4,643,220‌

169,946

*

Peabody

Energy

Corp

3,567,167‌

29,663

Penn

Virginia

Corp

1,128,974‌

121,961

*

ProPetro

Holding

Corp

1,283,030‌

7,538

*

Rex

American

Resources

Corp

719,577‌

15,161

e

Riley

Exploration

Permian,

Inc

401,463‌

120,703

*,e

Ring

Energy,

Inc

339,175‌

103,616

*

RPC,

Inc

845,507‌

44,290

*

SandRidge

Energy,

Inc

829,552‌

71,072

Scorpio

Tankers,

Inc

2,744,090‌

96,872

*

Select

Energy

Services,

Inc

723,634‌

170,380

SFL

Corp

Ltd

1,698,689‌

16,357

*,e

SilverBow

Resources,

Inc

739,173‌

15,443

Sitio

Royalties

Corp

455,723‌

174,204

SM

Energy

Co

7,191,141‌

46,387

Solaris

Oilfield

Infrastructure,

Inc

514,432‌

93,742

*

Talos

Energy,

Inc

1,776,411‌

108,745

*

Teekay

Corp

341,459‌

31,910

*

Teekay

Tankers

Ltd

665,962‌

739,110

*

Tellurian,

Inc

2,749,489‌

179,481

*

Tetra

Technologies,

Inc

786,127‌

53,102

*

Tidewater,

Inc

1,169,837‌

420,611

*,e

Uranium

Energy

Corp

1,766,566‌

378,821

*,e

Ur-Energy,

Inc

450,797‌

103,309

*

US

Silica

Holdings,

Inc

1,428,763‌

81,487

e

Vaalco

Energy,

Inc

483,218‌

88,766

*

Valaris

Ltd

4,454,278‌

76,931

*,e

Vertex

Energy,

Inc

1,044,723‌

134,375

*

W&T

Offshore,

Inc

667,844‌

104,236

*

Weatherford

International

Ltd

2,410,979‌

86,941

World

Fuel

Services

Corp

2,410,005‌

TOTAL

ENERGY

206,057,796‌

FOOD

&

STAPLES

RETAILING

-

0

.6

%

45,664

Andersons,

Inc

1,651,667‌

48,778

*

Chefs'

Warehouse

Holdings,

Inc

1,688,207‌

40,985

*,e

HF

Foods

Group

Inc

215,581‌

20,618

Ingles

Markets,

Inc

(Class

A)

1,968,194‌

12,766

Natural

Grocers

by

Vitamin

C

211,660‌

35,809

Pricesmart,

Inc

2,377,001‌

78,429

*,e

Rite

Aid

Corp

645,471‌

51,279

SpartanNash

Co

1,655,799‌

162,228

*

Sprouts

Farmers

Market,

Inc

4,483,982‌

83,554

*

United

Natural

Foods,

Inc

3,551,881‌

12,578

Village

Super

Market

(Class

A)

283,885‌

23,830

Weis

Markets,

Inc

1,833,242‌

TOTAL

FOOD

&

STAPLES

RETAILING

20,566,570‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.8

%

236,406

*,e

22nd

Century

Group,

Inc

397,162‌

8,749

Alico,

Inc

318,813‌

102,772

*,e

AppHarvest,

Inc

394,644‌

97,662

B&G

Foods,

Inc

(Class

A)

2,413,228‌

264,575

*

Benson

Hill,

Inc

859,869‌

88,589

*,e

Beyond

Meat,

Inc

2,833,962‌

35,958

*,e

BRC,

Inc

337,646‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

192

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

24,767

Calavo

Growers,

Inc

$

998,110‌

56,735

Cal-Maine

Foods,

Inc

2,899,726‌

78,667

*

Celsius

Holdings,

Inc

6,998,216‌

6,803

Coca-Cola

Consolidated

Inc

3,489,939‌

53,051

*

Duckhorn

Portfolio,

Inc

972,955‌

42,419

Fresh

Del

Monte

Produce,

Inc

1,260,268‌

110,225

*

Hain

Celestial

Group,

Inc

2,507,619‌

201,945

*

Hostess

Brands,

Inc

4,567,996‌

22,588

J&J

Snack

Foods

Corp

3,060,900‌

12,622

John

B.

Sanfilippo

&

Son,

Inc

945,388‌

28,857

Lancaster

Colony

Corp

3,820,090‌

36,466

*

Landec

Corp

382,164‌

26,186

*,e

Local

Bounti

Corp

101,340‌

20,295

MGP

Ingredients,

Inc

2,134,628‌

56,715

*

Mission

Produce,

Inc

804,219‌

34,342

National

Beverage

Corp

1,860,650‌

227,451

Primo

Water

Corp

3,006,902‌

8,835

*

Seneca

Foods

Corp

502,888‌

129,409

*

Simply

Good

Foods

Co

4,221,322‌

38,355

*

Sovos

Brands,

Inc

543,107‌

136,202

*

SunOpta,

Inc

1,201,302‌

63,791

*,e

Tattooed

Chef,

Inc

402,521‌

22,317

e

Tootsie

Roll

Industries,

Inc

783,773‌

73,498

*

TreeHouse

Foods,

Inc

3,191,283‌

22,808

Turning

Point

Brands,

Inc

547,392‌

33,919

Universal

Corp

1,896,411‌

91,704

Utz

Brands,

Inc

1,542,461‌

209,860

Vector

Group

Ltd

2,337,840‌

45,240

*,e

Vintage

Wine

Estates,

Inc

332,062‌

38,883

*,e

Vita

Coco

Co,

Inc

468,540‌

38,697

*

Vital

Farms,

Inc

456,625‌

58,516

*

Whole

Earth

Brands,

Inc

314,816‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

66,108,777‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

7

.5

%

259,326

*

1Life

Healthcare,

Inc

4,392,982‌

87,511

*

Accolade,

Inc

808,602‌

102,623

*

AdaptHealth

Corp

2,268,995‌

21,528

*

Addus

HomeCare

Corp

1,998,014‌

38,179

*

Agiliti,

Inc

835,738‌

9,965

*,e

AirSculpt

Technologies,

Inc

77,428‌

125,012

*

Alignment

Healthcare,

Inc

1,835,176‌

165,694

*

Allscripts

Healthcare

Solutions,

Inc

2,621,279‌

97,724

*

Alphatec

Holdings

Inc

736,839‌

324,449

*

American

Well

Corp

1,265,351‌

64,850

*

AMN

Healthcare

Services,

Inc

7,291,734‌

51,827

*

Angiodynamics,

Inc

1,175,955‌

56,547

*,e

Apollo

Medical

Holdings,

Inc

2,998,687‌

138,828

*

ATI

Physical

Therapy,

Inc

145,769‌

64,546

*

AtriCure,

Inc

3,189,218‌

2,073

Atrion

Corp

1,401,141‌

69,279

*

Avanos

Medical,

Inc

1,965,445‌

60,420

*

Aveanna

Healthcare

Holdings,

Inc

128,090‌

59,834

*

AxoGen,

Inc

557,653‌

67,498

*

Axonics

Modulation

Technologies,

Inc

4,378,595‌

152,545

*,e

Babylon

Holdings

Ltd

154,070‌

47,095

*

BioLife

Solutions

Inc

907,521‌

44,077

*,e

Bioventus,

Inc

374,214‌

265,432

*

Brookdale

Senior

Living,

Inc

1,279,382‌

188,830

*,e

Butterfly

Network,

Inc

819,522‌

229,794

*

Cano

Health,

Inc

1,399,445‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

193

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

57,439

*

Cardiovascular

Systems,

Inc

$

885,135‌

93,537

*,e

CareMax,

Inc

668,790‌

33,263

*

Castle

Biosciences,

Inc

930,033‌

263,134

*

Cerus

Corp

1,420,924‌

570,856

*,e

Clover

Health

Investments

Corp

1,598,397‌

179,085

*

Community

Health

Systems,

Inc

533,673‌

18,679

*

Computer

Programs

&

Systems,

Inc

630,603‌

40,863

Conmed

Corp

3,989,455‌

22,507

*

Convey

Holding

Parent,

Inc

235,198‌

13,146

*

Corvel

Corp

2,167,644‌

152,879

*

Covetrus,

Inc

3,175,297‌

53,556

*

Cross

Country

Healthcare,

Inc

1,411,736‌

54,426

*

CryoLife,

Inc

1,066,750‌

64,967

*

CryoPort,

Inc

2,416,772‌

150,283

*,e

Cue

Health,

Inc

507,957‌

23,130

*

Cutera,

Inc

1,073,695‌

112,316

*

DocGo,

Inc

868,203‌

81,838

*

Embecta

Corp

2,408,492‌

77,392

Ensign

Group,

Inc

6,167,368‌

117,852

*

Evolent

Health,

Inc

4,005,789‌

187,901

*

Figs,

Inc

1,986,114‌

31,772

*

Fulgent

Genetics,

Inc

1,898,377‌

66,285

*

Glaukos

Corp

3,569,447‌

73,456

*

Haemonetics

Corp

5,104,457‌

52,804

*

Hanger

Inc

980,570‌

77,062

*

Health

Catalyst,

Inc

1,290,018‌

119,380

*

HealthEquity,

Inc

6,944,335‌

33,568

*

HealthStream,

Inc

807,646‌

13,709

*

Heska

Corp

1,254,236‌

169,441

*,e

Hims

&

Hers

Health,

Inc

1,048,840‌

69,376

*

Inari

Medical,

Inc

5,382,190‌

28,699

*,e

Innovage

Holding

Corp

127,711‌

32,057

*

Inogen,

Inc

891,826‌

39,115

*

Inspire

Medical

Systems,

Inc

8,174,644‌

47,358

*

Integer

Holding

Corp

3,309,851‌

369,153

*,e

Invitae

Corp

701,391‌

9,882

iRadimed

Corp

417,514‌

43,017

*

iRhythm

Technologies,

Inc

6,651,719‌

20,600

*

Joint

Corp

352,260‌

98,702

*

Lantheus

Holdings,

Inc

7,572,417‌

29,360

LeMaitre

Vascular,

Inc

1,478,276‌

43,688

*

LHC

Group,

Inc

7,123,765‌

102,595

*,e

LifeStance

Health

Group,

Inc

611,466‌

77,762

*

LivaNova

plc

4,951,107‌

124,093

*

MEDNAX,

Inc

2,811,947‌

62,956

*

Meridian

Bioscience,

Inc

1,993,187‌

80,507

*

Merit

Medical

Systems,

Inc

4,627,542‌

7,010

Mesa

Laboratories,

Inc

1,494,883‌

18,056

*

ModivCare,

Inc

1,801,989‌

546,710

*,e

Multiplan

Corp

2,766,353‌

59,585

*,e

Nano-X

Imaging

Ltd

717,403‌

19,098

National

Healthcare

Corp

1,356,531‌

19,104

National

Research

Corp

724,042‌

158,088

*,e

Neogen

Corp

3,656,575‌

49,731

*

Nevro

Corp

2,155,839‌

80,149

*

NextGen

Healthcare,

Inc

1,372,151‌

54,155

*,e

Nutex

Health,

Inc

142,969‌

75,229

*

NuVasive,

Inc

3,951,027‌

64,358

*

Omnicell,

Inc

7,087,103‌

26,159

*,e

Oncology

Institute,

Inc

168,987‌

596,299

*,e

Opko

Health,

Inc

1,407,266‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

194

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

28,606

*

OptimizeRx

Corp

$

642,777‌

206,535

*

Option

Care

Health,

Inc

6,939,576‌

99,167

*

OraSure

Technologies,

Inc

303,451‌

27,008

*

Orthofix

Medical

Inc

692,755‌

20,885

*,e

OrthoPediatrics

Corp

986,816‌

67,186

*

Outset

Medical,

Inc

1,038,024‌

106,869

Owens

&

Minor,

Inc

3,784,231‌

15,949

*

Owlet,

Inc

33,971‌

35,677

*,e

P3

Health

Partners,

Inc

175,174‌

69,907

*,e

Paragon

28,

Inc

1,328,233‌

126,075

Patterson

Cos,

Inc

3,915,890‌

37,925

*

Pennant

Group,

Inc

505,920‌

38,312

*

PetIQ,

Inc

628,317‌

70,208

*

Phreesia,

Inc

1,649,186‌

62,742

*

Privia

Health

Group,

Inc

2,307,651‌

38,358

*

PROCEPT

BioRobotics

Corp

1,469,111‌

107,545

*

Progyny,

Inc

3,283,349‌

194,253

*

Project

Roadrunner

Parent,

Inc

4,856,325‌

47,757

*,e

Pulmonx

Corp

813,779‌

70,987

*

RadNet,

Inc

1,460,203‌

27,302

*

RxSight,

Inc

408,438‌

77,662

*

Schrodinger,

Inc

2,430,821‌

49,715

*

SeaSpine

Holdings

Corp

295,307‌

155,189

Select

Medical

Holdings

Corp

4,596,698‌

285,812

*,e

Sema4

Holdings

Corp

463,015‌

691,303

*,e

Senseonics

Holdings,

Inc

891,781‌

85,761

*,e

Sharecare,

Inc

122,638‌

51,311

*

Shockwave

Medical

Inc

10,823,029‌

46,870

*

SI-BONE,

Inc

629,933‌

31,573

*,e

Sight

Sciences,

Inc

292,997‌

49,142

*

Silk

Road

Medical

Inc

2,236,452‌

22,095

Simulations

Plus,

Inc

1,417,394‌

68,957

*

Staar

Surgical

Co

5,564,830‌

57,960

*

Surgery

Partners,

Inc

2,282,465‌

21,604

*

SurModics,

Inc

751,819‌

29,850

*

Tactile

Systems

Technology,

Inc

231,338‌

40,426

*

Transmedics

Group,

Inc

1,632,402‌

52,005

*

Treace

Medical

Concepts,

Inc

879,925‌

9,502

*

UFP

Technologies,

Inc

765,101‌

18,316

US

Physical

Therapy,

Inc

2,377,050‌

4,768

Utah

Medical

Products,

Inc

435,509‌

54,113

*

Varex

Imaging

Corp

1,206,179‌

240,217

*,e

VG

Acquisition

Corp

667,803‌

76,161

*,e

Vicarious

Surgical,

Inc

297,028‌

215,109

*

ViewRay,

Inc

656,082‌

29,033

*

Zimvie,

Inc

563,821‌

31,851

e

Zynex

Inc

273,282‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

272,042,603‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

1

.0

%

146,970

*

Beauty

Health

Co

1,957,640‌

169,522

*

BellRing

Brands,

Inc

4,092,261‌

13,701

*

Central

Garden

&

Pet

Co

593,801‌

57,079

*

Central

Garden

and

Pet

Co

(Class

A)

2,328,823‌

77,154

Edgewell

Personal

Care

Co

3,069,186‌

70,568

*

elf

Beauty,

Inc

2,366,145‌

93,075

Energizer

Holdings,

Inc

2,748,505‌

143,234

*

Herbalife

Nutrition

Ltd

3,496,342‌

91,613

*

Honest

Co,

Inc

305,987‌

26,620

Inter

Parfums,

Inc

2,221,971‌

16,429

Medifast,

Inc

2,763,194‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

195

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

HOUSEHOLD

&

PERSONAL

PRODUCTS—continued

18,571

Nature's

Sunshine

Products,

Inc

$

194,067‌

71,980

Nu

Skin

Enterprises,

Inc

(Class

A)

3,131,850‌

10,434

*

Thorne

HealthTech,

Inc

54,153‌

15,971

*

USANA

Health

Sciences,

Inc

1,111,901‌

96,702

*,e

Veru,

Inc

1,170,094‌

20,083

e

WD-40

Co

3,562,122‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

35,168,042‌

INSURANCE

-

1

.9

%

64,066

*

AMBAC

Financial

Group,

Inc

754,057‌

111,945

American

Equity

Investment

Life

Holding

Co

4,204,654‌

26,646

Amerisafe,

Inc

1,213,992‌

44,257

Argo

Group

International

Holdings

Ltd

1,451,187‌

269,623

*,e

Bright

Health

Group,

Inc

452,967‌

85,699

*

BRP

Group,

Inc

2,362,721‌

160,365

Conseco,

Inc

3,006,844‌

23,966

Crawford

&

Co

173,753‌

21,294

Donegal

Group,

Inc

(Class

A)

301,523‌

43,365

*

eHealth,

Inc

320,901‌

39,067

Employers

Holdings,

Inc

1,551,351‌

16,624

*

Enstar

Group

Ltd

3,290,222‌

735,382

*

Genworth

Financial,

Inc

(Class

A)

3,125,374‌

27,375

e

Goosehead

Insurance,

Inc

1,538,749‌

36,612

*

Greenlight

Capital

Re

Ltd

(Class

A)

263,240‌

10,280

e

HCI

Group,

Inc

703,872‌

356,474

*,e

Hippo

Holdings,

Inc

304,429‌

58,648

Horace

Mann

Educators

Corp

2,008,694‌

1,606

Investors

Title

Co

239,294‌

51,982

James

River

Group

Holdings

Ltd

1,235,092‌

31,253

Kinsale

Capital

Group,

Inc

7,601,042‌

66,665

*,e

Lemonade,

Inc

1,256,635‌

74,122

*

MBIA,

Inc

932,455‌

38,755

Mercury

General

Corp

1,624,997‌

3,643

National

Western

Life

Group,

Inc

735,886‌

11,769

*

NI

Holdings,

Inc

174,652‌

165,092

*,e

Oscar

Health,

Inc

891,497‌

35,593

*

Palomar

Holdings,

Inc

2,219,935‌

76,985

ProAssurance

Corp

1,703,678‌

57,317

RLI

Corp

6,303,724‌

267,794

*

Root,

Inc

281,184‌

20,603

Safety

Insurance

Group,

Inc

1,783,190‌

87,165

Selective

Insurance

Group,

Inc

6,786,667‌

210,697

*

Selectquote,

Inc

387,682‌

126,833

*

SiriusPoint

Ltd

555,529‌

39,373

Stewart

Information

Services

Corp

2,151,734‌

35,553

Tiptree

Inc

394,994‌

27,625

*

Trean

Insurance

Group,

Inc

142,545‌

56,078

*

Trupanion,

Inc

3,534,596‌

29,828

United

Fire

Group

Inc

979,253‌

35,462

Universal

Insurance

Holdings,

Inc

448,594‌

TOTAL

INSURANCE

69,393,385‌

MATERIALS

-

4

.1

%

45,342

*,e

5E

Advanced

Materials,

Inc

738,168‌

38,039

AdvanSix,

Inc

1,494,552‌

178,407

*

Allegheny

Technologies,

Inc

4,440,550‌

25,725

Alpha

Metallurgical

Resources,

Inc

3,518,151‌

41,092

American

Vanguard

Corp

961,964‌

162,625

*,e

Amyris,

Inc

289,472‌

152,146

*

Arconic

Corp

4,596,331‌

38,364

*

Aspen

Aerogels,

Inc

501,801‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

196

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

130,743

Avient

Corp

$

5,641,560‌

45,989

Balchem

Corp

6,243,467‌

80,184

Cabot

Corp

5,954,464‌

66,625

Carpenter

Technology

Corp

2,141,327‌

87,994

*

Century

Aluminum

Co

694,273‌

10,628

Chase

Corp

966,298‌

23,814

*

Clearwater

Paper

Corp

850,160‌

386,518

*

Coeur

Mining,

Inc

1,240,723‌

173,877

Commercial

Metals

Co

6,889,007‌

48,108

Compass

Minerals

International,

Inc

1,791,061‌

172,958

*

Constellium

SE

2,530,376‌

71,181

*,e

Dakota

Gold

Corp

318,179‌

138,080

*,e

Danimer

Scientific,

Inc

637,930‌

109,249

*

Diversey

Holdings

Ltd

818,275‌

41,500

FutureFuel

Corp

298,385‌

74,942

*

GCP

Applied

Technologies,

Inc

2,360,673‌

78,169

Glatfelter

Corp

479,958‌

36,556

Greif,

Inc

(Class

A)

2,581,585‌

8,976

Greif,

Inc

(Class

B)

626,704‌

76,127

H.B.

Fuller

Co

4,887,353‌

26,964

Hawkins,

Inc

1,071,819‌

20,257

Haynes

International,

Inc

783,136‌

769,373

Hecla

Mining

Co

3,485,260‌

211,507

*

Hycroft

Mining

Holding

Corp

217,852‌

55,952

*

Ingevity

Corp

3,754,379‌

36,026

Innospec,

Inc

3,674,652‌

15,847

*

Intrepid

Potash,

Inc

722,623‌

22,083

Kaiser

Aluminum

Corp

1,673,229‌

32,747

Koppers

Holdings,

Inc

770,864‌

35,543

Kronos

Worldwide,

Inc

624,491‌

233,093

*

Livent

Corp

5,801,685‌

45,364

*

LSB

Industries,

Inc

626,477‌

29,975

Materion

Corp

2,456,152‌

47,293

Minerals

Technologies,

Inc

3,159,645‌

49,797

Myers

Industries,

Inc

1,211,561‌

341,956

*

Novagold

Resources

Inc

1,668,745‌

224,511

*

O-I

Glass,

Inc

3,302,557‌

14,674

Olympic

Steel,

Inc

436,258‌

150,717

*,e

Origin

Materials,

Inc

886,216‌

84,589

Orion

Engineered

Carbons

SA

1,462,544‌

68,120

Pactiv

Evergreen,

Inc

696,186‌

179,888

*,e

Perimeter

Solutions

S.A.

2,077,706‌

26,945

*

Piedmont

Lithium,

Inc

1,218,183‌

45,204

*

PolyMet

Mining

Corp

134,708‌

90,598

PQ

Group

Holdings,

Inc

926,818‌

152,634

*,e

PureCycle

Technologies,

Inc

1,156,966‌

19,637

Quaker

Chemical

Corp

3,185,318‌

31,252

Ramaco

Resources,

Inc

366,898‌

70,514

*

Ranpak

Holdings

Corp

360,327‌

116,467

*

Rayonier

Advanced

Materials,

Inc

412,293‌

65,098

*

Resolute

Forest

Products

1,320,187‌

27,913

Ryerson

Holding

Corp

764,816‌

36,097

Schnitzer

Steel

Industries,

Inc

(Class

A)

1,283,609‌

76,239

Schweitzer-Mauduit

International,

Inc

1,665,822‌

60,531

Sensient

Technologies

Corp

5,204,455‌

30,897

Stepan

Co

3,466,952‌

170,244

*

Summit

Materials,

Inc

4,683,412‌

116,349

SunCoke

Energy,

Inc

860,983‌

52,385

Sylvamo

Corp

2,055,587‌

69,188

*

TimkenSteel

Corp

1,403,825‌

41,483

Tredegar

Corp

434,742‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

197

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MATERIALS—continued

59,000

Trimas

Corp

$

1,746,400‌

50,609

Trinseo

plc

1,810,284‌

169,731

Tronox

Holdings

plc

2,649,501‌

2,821

United

States

Lime

&

Minerals,

Inc

290,196‌

3,773

Valhi,

Inc

192,800‌

73,660

Warrior

Met

Coal,

Inc

2,351,964‌

46,539

*

Worthington

Industries,

Inc

2,383,262‌

TOTAL

MATERIALS

147,387,092‌

MEDIA

&

ENTERTAINMENT

-

2

.0

%

22,667

*,e

AdTheorent

Holding

Co,

Inc

63,694‌

139,272

*

Advantage

Solutions,

Inc

618,368‌

42,251

*

AMC

Networks,

Inc

1,289,501‌

15,863

*

Arena

Group

Holdings,

Inc

165,134‌

31,669

*

Boston

Omaha

Corp

772,724‌

124,072

*,e

Bumble,

Inc

4,704,810‌

54,460

*

Cardlytics,

Inc

751,548‌

146,742

*

Cargurus,

Inc

3,564,363‌

100,452

*

Cars.com,

Inc

1,181,316‌

156,250

*

Cinemark

Holdings,

Inc

2,864,062‌

582,293

*

Clear

Channel

902,554‌

38,924

*

Cumulus

Media

Inc

309,057‌

1,684

*

Daily

Journal

Corp

455,185‌

59,741

*

DHI

Group,

Inc

292,133‌

148,074

*

Entercom

Communications

Corp

94,323‌

83,468

Entravision

Communications

Corp

(Class

A)

447,388‌

107,546

*

Eventbrite

Inc

1,006,631‌

29,594

*

EverQuote

Inc

309,257‌

83,768

EW

Scripps

Co

(Class

A)

1,194,532‌

279,615

*,e

fuboTV,

Inc

701,834‌

12,214

*

Gambling.com

Group

Ltd

94,781‌

230,377

*

Gannett

Co,

Inc

693,435‌

118,164

Gray

Television,

Inc

2,194,305‌

180,527

*

iHeartMedia,

Inc

1,350,342‌

69,273

*

Imax

Corp

1,164,479‌

31,792

*,e

Innovid

Corp

84,567‌

53,517

*

Integral

Ad

Science

Holding

Corp

506,806‌

60,938

John

Wiley

&

Sons,

Inc

(Class

A)

3,182,182‌

2,079

*

Leafly

Holdings,

Inc

11,476‌

14,316

*,e

Liberty

Braves

Group

(Class

A)

413,160‌

52,530

*

Liberty

Braves

Group

(Class

C)

1,453,505‌

83,961

*

Lions

Gate

Entertainment

Corp

(Class

A)

735,498‌

166,415

*

Lions

Gate

Entertainment

Corp

(Class

B)

1,382,909‌

37,038

*

Madison

Square

Garden

Entertainment

Corp

2,156,723‌

195,959

*

Magnite,

Inc

1,497,127‌

33,377

*,e

Marcus

Corp

548,384‌

32,430

*

MediaAlpha,

Inc

399,538‌

55,980

*,e

Outbrain,

Inc

313,488‌

110,418

*,e

Playstudios,

Inc

443,880‌

59,270

*,e

PubMatic,

Inc

983,289‌

76,013

*

QuinStreet,

Inc

817,140‌

9,289

*,e

Redbox

Entertainment,

Inc

40,500‌

28,672

*

Reservoir

Media,

Inc

186,368‌

40,055

Scholastic

Corp

1,885,389‌

58,242

Sinclair

Broadcast

Group,

Inc

(Class

A)

1,272,005‌

427,530

*

Skillz,

Inc

675,497‌

109,096

*

Stagwell,

Inc

721,125‌

39,379

*

TechTarget,

Inc

2,567,117‌

323,362

TEGNA,

Inc

6,771,200‌

35,466

*

Thryv

Holdings,

Inc

863,242‌

129,623

*

TrueCar,

Inc

333,131‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

198

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

MEDIA

&

ENTERTAINMENT—continued

16,827

*

Urban

One,

Inc

$

59,063‌

11,707

*,e

Urban

One,

Inc

58,886‌

203,242

*

Vimeo,

Inc

1,130,026‌

18,067

*

Wejo

Group

Ltd

26,378‌

77,438

*

WideOpenWest,

Inc

1,423,310‌

99,140

*

Yelp,

Inc

3,039,632‌

66,383

*

Ziff

Davis

Inc

5,436,104‌

114,693

*

ZipRecruiter,

Inc

2,010,568‌

TOTAL

MEDIA

&

ENTERTAINMENT

70,614,969‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

9

.3

%

52,182

*

2seventy

bio,

Inc

750,899‌

42,217

*

4D

Molecular

Therapeutics,

Inc

396,840‌

20,225

*

Aadi

Bioscience,

Inc

250,183‌

298,636

*,e

AbCellera

Biologics,

Inc

2,998,305‌

79,793

*

Absci

Corp

262,519‌

173,690

*

Acadia

Pharmaceuticals,

Inc

2,551,506‌

90,034

*,e

Aclaris

Therapeutics,

Inc

1,387,424‌

84,384

*,e

Adagio

Therapeutics,

Inc

297,032‌

155,802

*

Adaptive

Biotechnologies

Corp

1,427,146‌

39,462

*

Adicet

Bio,

Inc

666,513‌

258,983

*

ADMA

Biologics,

Inc

554,224‌

65,487

*

Aerie

Pharmaceuticals,

Inc

459,064‌

14,128

*,e

Aerovate

Therapeutics,

Inc

314,348‌

198,273

*

Affimed

NV

561,113‌

383,559

*

Agenus,

Inc

989,582‌

78,074

*

Agios

Pharmaceuticals,

Inc

1,684,056‌

40,255

*

Akero

Therapeutics,

Inc

412,211‌

21,951

*

Akoya

Biosciences,

Inc

309,070‌

23,945

*

Albireo

Pharma,

Inc

497,817‌

86,500

*

Alector,

Inc

884,030‌

236,908

*

Alkermes

plc

6,064,845‌

113,557

*,e

Allogene

Therapeutics,

Inc

1,473,970‌

43,763

*,e

Allovir,

Inc

200,872‌

9,350

*

Alpha

Teknova,

Inc

60,681‌

18,186

*,e

Alpine

Immune

Sciences,

Inc

144,579‌

30,055

*,e

ALX

Oncology

Holdings,

Inc

290,932‌

396,524

*

Amicus

Therapeutics,

Inc

3,949,379‌

134,975

*

Amneal

Pharmaceuticals,

Inc

477,811‌

55,736

*

Amphastar

Pharmaceuticals,

Inc

2,083,969‌

16,549

*

Amylyx

Pharmaceuticals,

Inc

446,658‌

6,633

*,e

AN2

Therapeutics,

Inc

56,778‌

28,321

*

AnaptysBio,

Inc

593,042‌

97,162

*,e

Anavex

Life

Sciences

Corp

996,882‌

17,618

*

ANI

Pharmaceuticals,

Inc

603,416‌

20,311

*

Anika

Therapeutics,

Inc

474,465‌

131,422

*

Apellis

Pharmaceuticals,

Inc

7,396,430‌

150,622

*,e

Arbutus

Biopharma

Corp

347,937‌

17,924

*

Arcellx,

Inc

371,565‌

34,372

*,e

Arcturus

Therapeutics

Holdings,

Inc

603,229‌

75,340

*

Arcus

Biosciences,

Inc

2,003,291‌

50,254

*

Arcutis

Biotherapeutics,

Inc

1,219,162‌

148,018

*

Arrowhead

Pharmaceuticals

Inc

6,295,206‌

69,944

*

Arvinas,

Inc

3,714,726‌

123,720

*

Atara

Biotherapeutics,

Inc

374,872‌

119,095

*

Atea

Pharmaceuticals,

Inc

976,579‌

47,470

*,e

Athira

Pharma,

Inc

165,196‌

25,495

*,e

Aura

Biosciences,

Inc

363,559‌

196,716

*,e

Aurinia

Pharmaceuticals,

Inc

1,609,137‌

90,937

*

Avid

Bioservices,

Inc

1,786,912‌

68,119

*

Avidity

Biosciences,

Inc

1,109,659‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

199

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

42,018

*,e

Axsome

Therapeutics,

Inc

$

1,621,475‌

91,407

*,e

Beam

Therapeutics,

Inc

5,756,813‌

94,266

*

Berkeley

Lights,

Inc

423,254‌

270,205

*

BioCryst

Pharmaceuticals,

Inc

2,977,659‌

90,202

*

Biohaven

Pharmaceutical

Holding

Co

Ltd

13,171,296‌

437,803

*,e

Bionano

Genomics,

Inc

814,314‌

26,789

*,e

Bioxcel

Therapeutics

Inc

413,622‌

105,755

*

Bluebird

Bio,

Inc

428,308‌

85,905

*

Blueprint

Medicines

Corp

4,386,309‌

149,164

*,e

Bridgebio

Pharma,

Inc

1,291,760‌

67,518

*

C4

Therapeutics,

Inc

650,874‌

66,066

*

Cara

Therapeutics,

Inc

577,417‌

75,355

*

CareDx,

Inc

1,792,695‌

86,174

*

Caribou

Biosciences,

Inc

699,733‌

54,951

*,e

Cassava

Sciences,

Inc

897,350‌

137,919

*

Catalyst

Pharmaceuticals,

Inc

1,412,291‌

65,503

*

Celldex

Therapeutics,

Inc

2,012,252‌

21,662

*

Celularity,

Inc

65,203‌

26,194

*

Century

Therapeutics,

Inc

276,871‌

79,502

*

Cerevel

Therapeutics

Holdings,

Inc

2,090,108‌

92,515

*

ChemoCentryx,

Inc

2,185,204‌

114,296

*

Chimerix,

Inc

250,308‌

64,642

*

Chinook

Therapeutics,

Inc

1,196,523‌

20,647

*

CinCor

Pharma,

Inc

467,035‌

89,565

*

Codexis,

Inc

614,416‌

65,070

*

Cogent

Biosciences,

Inc

721,626‌

100,420

*

Coherus

Biosciences,

Inc

850,557‌

48,337

*

Collegium

Pharmaceutical,

Inc

830,913‌

122,560

*

Corcept

Therapeutics,

Inc

3,512,570‌

74,579

*

Crinetics

Pharmaceuticals,

Inc

1,432,663‌

133,390

*,e

CTI

BioPharma

Corp

872,371‌

45,250

*,e

Cullinan

Oncology,

Inc

611,327‌

167,507

*

Cytek

Biosciences,

Inc

2,144,090‌

118,506

*

Cytokinetics,

Inc

5,016,359‌

33,461

*,e

Day

One

Biopharmaceuticals,

Inc

573,187‌

62,906

*

Deciphera

Pharmaceuticals,

Inc

798,277‌

141,676

*

Denali

Therapeutics,

Inc

4,819,818‌

52,314

*

Design

Therapeutics,

Inc

1,026,401‌

39,607

*

DICE

Therapeutics,

Inc

682,825‌

171,756

*,e

Dynavax

Technologies

Corp

2,469,851‌

47,019

*

Dyne

Therapeutics,

Inc

493,229‌

14,382

*

Eagle

Pharmaceuticals,

Inc

570,965‌

41,628

*

Edgewise

Therapeutics,

Inc

402,543‌

97,325

*,e

Editas

Medicine,

Inc

1,548,441‌

57,260

*

Eiger

BioPharmaceuticals,

Inc

497,589‌

72,380

*

Emergent

Biosolutions,

Inc

2,507,243‌

28,340

*

Enanta

Pharmaceuticals,

Inc

1,562,951‌

27,646

*,e

Enochian

Biosciences

Inc

63,586‌

212,336

*

EQRx,

Inc

1,157,231‌

90,817

*,e

Erasca,

Inc

684,760‌

88,750

*,e

Esperion

Thereapeutics,

Inc

512,087‌

49,373

*

Evolus,

Inc

608,769‌

42,858

*,e

EyePoint

Pharmaceuticals,

Inc

391,294‌

118,571

*

Fate

Therapeutics,

Inc

3,619,973‌

125,458

*

FibroGen,

Inc

1,578,262‌

28,008

*

Foghorn

Therapeutics,

Inc

409,757‌

49,166

*

Forma

Therapeutics

Holdings,

Inc

407,094‌

58,198

*

Fulcrum

Therapeutics,

Inc

342,204‌

64,840

*

Generation

Bio

Co

413,679‌

517,975

*,e

Geron

Corp

984,152‌

89,826

*

Global

Blood

Therapeutics,

Inc

2,939,107‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

200

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

91,072

*,e

Gossamer

Bio,

Inc

$

1,022,739‌

19,512

*,e

GreenLight

Biosciences

Holdings

PBC

41,365‌

195,532

*

Halozyme

Therapeutics,

Inc

9,561,515‌

38,516

*

Harmony

Biosciences

Holdings,

Inc

1,953,917‌

145,136

*,e

Heron

Therapeutics,

Inc

403,478‌

18,113

*,e

HilleVax,

Inc

244,888‌

24,625

*,e

Humacyte,

Inc

85,695‌

34,554

*,e

Icosavax,

Inc

241,878‌

48,776

*

Ideaya

Biosciences,

Inc

727,738‌

13,418

*,e

IGM

Biosciences,

Inc

216,164‌

42,356

*

Imago

Biosciences,

Inc

681,932‌

137,675

*,e

ImmunityBio,

Inc

535,556‌

308,394

*

Immunogen,

Inc

1,461,788‌

57,972

*,e

Immunovant,

Inc

238,845‌

41,962

*,e

Inhibrx,

Inc

727,621‌

91,019

*

Innoviva,

Inc

1,305,212‌

25,055

*

Inotiv,

Inc

468,027‌

306,108

*,e

Inovio

Pharmaceuticals,

Inc

606,094‌

171,416

*

Insmed,

Inc

3,791,722‌

97,000

*,e

Instil

Bio,

Inc

547,080‌

108,456

*

Intellia

Therapeutics,

Inc

7,023,611‌

33,587

*,e

Intercept

Pharmaceuticals,

Inc

428,570‌

132,495

*

Intra-Cellular

Therapies,

Inc

7,170,629‌

218,653

*

Iovance

Biotherapeutics,

Inc

2,547,307‌

201,009

*

Ironwood

Pharmaceuticals,

Inc

2,301,553‌

33,162

*

iTeos

Therapeutics,

Inc

811,143‌

167,180

*

IVERIC

bio,

Inc

1,787,154‌

25,197

*,e

Janux

Therapeutics,

Inc

312,947‌

51,612

*

Jounce

Therapeutics,

Inc

158,449‌

32,824

*

KalVista

Pharmaceuticals

Inc

405,376‌

37,989

*

Karuna

Therapeutics,

Inc

4,948,067‌

106,245

*,e

Karyopharm

Therapeutics,

Inc

451,541‌

25,528

*

Keros

Therapeutics,

Inc

818,938‌

66,066

*

Kezar

Life

Sciences,

Inc

645,465‌

43,001

*

Kiniksa

Pharmaceuticals

Ltd

426,140‌

45,450

*,e

Kinnate

Biopharma,

Inc

486,315‌

49,058

*

Kodiak

Sciences,

Inc

488,127‌

76,805

*

Kronos

Bio,

Inc

322,581‌

30,228

*,e

Krystal

Biotech

Inc

2,193,948‌

90,715

*

Kura

Oncology,

Inc

1,388,847‌

53,757

*

Kymera

Therapeutics,

Inc

1,184,267‌

106,290

*

Lexicon

Pharmaceuticals,

Inc

252,970‌

22,160

*

Ligand

Pharmaceuticals,

Inc

(Class

B)

2,039,385‌

66,537

*,e

Liquidia

Corp

326,364‌

258,661

*,e

Lyell

Immunopharma,

Inc

1,440,742‌

82,943

*

MacroGenics,

Inc

259,612‌

18,318

*

Madrigal

Pharmaceuticals,

Inc

1,150,737‌

353,672

*,e

MannKind

Corp

1,220,168‌

121,346

*,e

MaxCyte,

Inc

661,336‌

39,600

*

Medpace

Holdings,

Inc

6,713,388‌

38,773

*

MeiraGTx

Holdings

plc

321,040‌

122,354

*

Mersana

Therapeutics,

Inc

620,335‌

178,283

*,e

MiMedx

Group,

Inc

609,728‌

22,963

*,e

Mirum

Pharmaceuticals,

Inc

576,371‌

41,302

*,e

Monte

Rosa

Therapeutics,

Inc

374,609‌

35,874

*

Morphic

Holding,

Inc

949,585‌

114,817

*

Myriad

Genetics,

Inc

3,028,872‌

65,874

*

NanoString

Technologies,

Inc

843,187‌

66,458

*,e

Nautilus

Biotechnology,

Inc

193,393‌

256,048

*

Nektar

Therapeutics

1,013,950‌

178,636

*

NeoGenomics,

Inc

1,807,796‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

201

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

54,749

*

NGM

Biopharmaceuticals

Inc

$

792,766‌

45,244

*

Nkarta,

Inc

611,246‌

62,887

*

Nurix

Therapeutics,

Inc

1,003,677‌

26,152

*,e

Nuvalent,

Inc

388,619‌

162,547

*,e

Nuvation

Bio,

Inc

448,630‌

323,648

*,e

Ocugen,

Inc

835,012‌

118,445

*

Ocular

Therapeutix,

Inc

530,634‌

99,130

*

Organogenesis

Holdings

Inc

569,006‌

146,573

*,e

Outlook

Therapeutics,

Inc

165,627‌

338,545

*,e

Pacific

Biosciences

of

California,

Inc

1,479,442‌

64,658

*

Pacira

BioSciences

Inc

3,657,056‌

39,406

*,e

Pardes

Biosciences,

Inc

111,125‌

11,657

*,e

PepGen,

Inc

130,558‌

39,501

*,e

Phathom

Pharmaceuticals,

Inc

363,804‌

28,478

Phibro

Animal

Health

Corp

557,314‌

52,216

*,e

PMV

Pharmaceuticals,

Inc

780,629‌

105,230

*,e

Point

Biopharma

Global,

Inc

772,388‌

48,161

*

Praxis

Precision

Medicines,

Inc

170,008‌

148,497

*,e

Precigen,

Inc

233,140‌

72,447

*

Prestige

Consumer

Healthcare,

Inc.

4,369,279‌

137,717

*,†

Progenics

Pharmaceuticals,

Inc

0‌

41,982

*

Prometheus

Biosciences,

Inc

1,791,372‌

64,744

*

Protagonist

Therapeutics,

Inc

644,203‌

52,608

*

Prothena

Corp

plc

1,634,004‌

85,790

*,e

Provention

Bio,

Inc

327,718‌

101,496

*

PTC

Therapeutics,

Inc

4,420,151‌

53,330

*

Quanterix

Corp

852,747‌

151,848

*

Quantum-Si,

Inc

493,506‌

70,897

*

Radius

Health,

Inc

714,642‌

25,792

*,e

Rallybio

Corp

240,639‌

36,290

*

RAPT

Therapeutics,

Inc

668,462‌

39,680

*

Reata

Pharmaceuticals,

Inc

1,217,382‌

201,620

*

Recursion

Pharmaceuticals,

Inc

1,705,705‌

59,175

*

REGENXBIO,

Inc

1,856,320‌

111,324

*

Relay

Therapeutics,

Inc

2,117,382‌

39,172

*

Relmada

Therapeutics,

Inc

1,002,803‌

44,085

*

Replimune

Group,

Inc

849,959‌

100,547

*

Revance

Therapeutics,

Inc

1,560,489‌

90,592

*

REVOLUTION

Medicines,

Inc

2,046,473‌

267,513

*

Rigel

Pharmaceuticals,

Inc

318,340‌

62,195

*

Rocket

Pharmaceuticals,

Inc

901,827‌

75,484

*

Sage

Therapeutics,

Inc

2,597,404‌

129,609

*,e

Sana

Biotechnology,

Inc

865,788‌

167,325

*

Sangamo

Therapeutics

Inc

717,824‌

86,813

*,e

Science

37

Holdings,

Inc

172,758‌

83,616

*

Seer,

Inc

752,544‌

96,729

*

Seres

Therapeutics,

Inc

397,556‌

69,087

e

SIGA

Technologies,

Inc

1,187,606‌

92,357

*,e

Singular

Genomics

Systems,

Inc

351,880‌

208,538

*

SomaLogic,

Inc

1,053,117‌

540,904

*,e

Sorrento

Therapeutics,

Inc

1,406,350‌

49,642

*,e

SpringWorks

Therapeutics,

Inc

1,483,303‌

29,887

*

Stoke

Therapeutics,

Inc

442,029‌

69,744

*

Supernus

Pharmaceuticals,

Inc

2,214,372‌

67,890

*

Sutro

Biopharma,

Inc

397,157‌

75,185

*

Syndax

Pharmaceuticals,

Inc

1,531,518‌

64,979

*,e

Tango

Therapeutics,

Inc

265,764‌

25,346

*,e

Tarsus

Pharmaceuticals,

Inc

380,697‌

40,959

*,e

Tenaya

Therapeutics,

Inc

195,374‌

188,111

*

TG

Therapeutics,

Inc

1,126,785‌

91,257

*

Theravance

Biopharma,

Inc

802,149‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

202

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

21,024

*,e

Theseus

Pharmaceuticals,

Inc

$

151,583‌

88,218

*

Travere

Therapeutics,

Inc

2,076,652‌

46,457

*,e

Tricida,

Inc

425,546‌

66,268

*

Turning

Point

Therapeutics

Inc

4,968,775‌

80,710

*

Twist

Bioscience

Corp

3,530,255‌

18,400

*,e

Tyra

Biosciences,

Inc

195,960‌

77,049

*

Vanda

Pharmaceuticals,

Inc

830,588‌

176,407

*,e

Vaxart

Inc

649,178‌

75,585

*

Vaxcyte,

Inc

1,744,502‌

291,530

*

VBI

Vaccines,

Inc

248,005‌

31,249

*,e

Ventyx

Biosciences,

Inc

472,172‌

19,644

*,e

Vera

Therapeutics,

Inc

338,859‌

102,996

*

Veracyte,

Inc

2,712,915‌

67,232

*

Vericel

Corp

2,187,729‌

52,445

*,e

Verve

Therapeutics,

Inc

1,291,196‌

104,543

*

Vir

Biotechnology,

Inc

2,907,341‌

37,343

*,e

Viridian

Therapeutics,

Inc

494,421‌

272,139

*

VistaGen

Therapeutics,

Inc

38,943‌

81,380

*

Xencor,

Inc

2,334,792‌

185,451

*,e

Xeris

Biopharma

Holdings,

Inc

263,340‌

53,865

*,e

Y-mAbs

Therapeutics,

Inc

839,755‌

57,244

*

Zentalis

Pharmaceuticals,

Inc

1,671,525‌

83,039

*,†

Zogenix,

Inc

56,467‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

336,114,817‌

REAL

ESTATE

-

7

.0

%

133,513

Acadia

Realty

Trust

2,287,078‌

108,546

Agree

Realty

Corp

8,639,176‌

105,826

Alexander

&

Baldwin,

Inc

2,106,996‌

3,383

Alexander's,

Inc

823,794‌

72,238

American

Assets

Trust,

Inc

2,183,755‌

187,059

American

Finance

Trust,

Inc

1,457,190‌

209,351

*

Apartment

Investment

and

Management

Co

1,741,800‌

308,813

Apple

Hospitality

REIT,

Inc

5,151,001‌

101,190

Armada

Hoffler

Properties,

Inc

1,434,874‌

61,269

*

Ashford

Hospitality

Trust,

Inc

534,266‌

40,830

Bluerock

Residential

Growth

REIT,

Inc

1,072,604‌

107,260

BraeMar

Hotels

&

Resorts,

Inc

556,679‌

247,366

Brandywine

Realty

Trust

2,312,872‌

242,989

Broadstone

Net

Lease,

Inc

5,508,561‌

19,791

Brt

Realty

Trust

454,995‌

136,215

CareTrust

REIT,

Inc

2,812,840‌

68,425

CatchMark

Timber

Trust,

Inc

769,097‌

37,231

CBL

&

Associates

Properties,

Inc

1,146,342‌

15,040

Cedar

Realty

Trust,

Inc

437,062‌

21,424

Centerspace

1,840,107‌

66,980

*

Chatham

Lodging

Trust

814,477‌

62,424

City

Office

REIT,

Inc

880,178‌

13,183

Clipper

Realty,

Inc

118,779‌

35,996

Community

Healthcare

Trust,

Inc

1,402,044‌

363,914

*,e

Compass,

Inc

1,390,151‌

161,617

Corporate

Office

Properties

Trust

4,549,519‌

22,758

CTO

Realty

Growth,

Inc

482,470‌

228,352

*

Cushman

&

Wakefield

plc

3,836,314‌

292,285

*

DiamondRock

Hospitality

Co

2,712,405‌

849,997

*

DigitalBridge

Group,

Inc

4,657,984‌

332,930

Diversified

Healthcare

Trust

575,969‌

191,687

*,e

Doma

Holdings,

Inc

142,232‌

109,262

Douglas

Elliman,

Inc

655,572‌

129,653

Easterly

Government

Properties,

Inc

2,628,066‌

192,974

Empire

State

Realty

Trust,

Inc

1,646,068‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

203

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

159,553

Equity

Commonwealth

$

4,475,462‌

187,206

Essential

Properties

Realty

Trust,

Inc

4,515,409‌

102,783

e

eXp

World

Holdings

Inc

1,527,355‌

63,919

Farmland

Partners,

Inc

948,558‌

29,193

*

Forestar

Group,

Inc

404,031‌

114,749

Four

Corners

Property

Trust,

Inc

3,354,113‌

144,551

Franklin

Street

Properties

Corp

547,848‌

8,758

*

FRP

Holdings,

Inc

516,722‌

62,953

Getty

Realty

Corp

1,847,041‌

59,543

Gladstone

Commercial

Corp

1,247,426‌

45,018

Gladstone

Land

Corp

1,220,438‌

88,786

Global

Medical

REIT,

Inc

1,081,413‌

152,084

Global

Net

Lease,

Inc

2,294,948‌

53,913

*

Hersha

Hospitality

Trust

543,443‌

322,986

Independence

Realty

Trust,

Inc

7,170,289‌

8,815

Indus

Realty

Trust,

Inc

538,420‌

90,707

Industrial

Logistics

Properties

Trust

909,791‌

39,912

Innovative

Industrial

Properties,

Inc

3,847,916‌

94,443

InvenTrust

Properties

Corp

2,707,681‌

92,401

iStar

Inc

1,544,021‌

169,626

Kennedy-Wilson

Holdings,

Inc

3,504,473‌

313,005

Kite

Realty

Group

Trust

6,225,669‌

405,725

Lexington

Realty

Trust

4,450,803‌

55,220

LTC

Properties,

Inc

2,313,718‌

310,292

Macerich

Co

3,292,198‌

120,337

*

Mack-Cali

Realty

Corp

1,678,701‌

37,394

Marcus

&

Millichap,

Inc

1,530,162‌

63,702

National

Health

Investors,

Inc

4,130,438‌

67,052

NETSTREIT

Corp

1,374,566‌

215,059

Newmark

Group,

Inc

2,451,673‌

31,916

NexPoint

Residential

Trust,

Inc

2,123,691‌

30,000

*,e

Offerpad

Solutions,

Inc

63,300‌

71,950

Office

Properties

Income

Trust

1,495,121‌

26,407

One

Liberty

Properties,

Inc

732,794‌

79,594

Orion

Office

REIT,

Inc

870,758‌

210,251

Outfront

Media,

Inc

3,881,233‌

273,932

Paramount

Group,

Inc

2,150,366‌

186,609

Pebblebrook

Hotel

Trust

3,650,072‌

168,148

Phillips

Edison

&

Co,

Inc

5,723,758‌

330,757

Physicians

Realty

Trust

5,877,552‌

178,791

Piedmont

Office

Realty

Trust,

Inc

2,460,164‌

52,730

Plymouth

Industrial

REIT,

Inc

1,015,580‌

24,761

Postal

Realty

Trust,

Inc

417,966‌

98,104

PotlatchDeltic

Corp

4,810,039‌

30,373

Re/Max

Holdings,

Inc

769,652‌

171,185

*

Realogy

Holdings

Corp

1,699,867‌

150,429

*,e

Redfin

Corp

1,308,732‌

175,201

Retail

Opportunities

Investment

Corp

3,059,009‌

229,326

RLJ

Lodging

Trust

2,864,282‌

24,217

RMR

Group,

Inc

700,113‌

126,119

RPT

Realty

1,370,914‌

77,362

*

Ryman

Hospitality

Properties

6,849,631‌

333,148

Sabra

Healthcare

REIT,

Inc

5,127,148‌

31,850

Safehold,

Inc

1,358,084‌

18,483

Saul

Centers,

Inc

966,291‌

59,703

*

Seritage

Growth

Properties

717,630‌

246,135

Service

Properties

Trust

1,609,723‌

279,383

SITE

Centers

Corp

4,081,786‌

50,097

St.

Joe

Co

2,105,076‌

259,015

STAG

Industrial,

Inc

8,490,512‌

8,230

*

Stratus

Properties,

Inc

260,644‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

204

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

REAL

ESTATE—continued

150,610

*

Summit

Hotel

Properties,

Inc

$

1,182,289‌

310,669

*

Sunstone

Hotel

Investors,

Inc

3,519,880‌

147,929

Tanger

Factory

Outlet

Centers,

Inc

2,406,805‌

32,842

*

Tejon

Ranch

Co

542,550‌

106,645

Terreno

Realty

Corp

6,681,309‌

1,743

*

Transcontinental

Realty

Investors,

Inc

75,385‌

69,115

UMH

Properties,

Inc

1,472,841‌

341,256

Uniti

Group,

Inc

3,402,322‌

18,440

Universal

Health

Realty

Income

Trust

993,916‌

159,447

Urban

Edge

Properties

2,619,714‌

47,204

Urstadt

Biddle

Properties,

Inc

(Class

A)

868,554‌

127,222

Washington

REIT

2,820,512‌

62,723

*

Whitestone

REIT

704,379‌

161,557

*

Xenia

Hotels

&

Resorts,

Inc

2,652,766‌

TOTAL

REAL

ESTATE

250,512,753‌

RETAILING

-

2

.8

%

36,380

*

1-800-FLOWERS.COM,

Inc

(Class

A)

362,709‌

28,633

*

1stdibs.com,

Inc

185,542‌

44,172

Aaron's

Co,

Inc

575,119‌

69,194

*

Abercrombie

&

Fitch

Co

(Class

A)

1,232,345‌

120,598

Academy

Sports

&

Outdoors,

Inc

5,189,332‌

14,388

*

aka

Brands

Holding

Corp

27,049‌

216,660

American

Eagle

Outfitters,

Inc

2,608,586‌

8,391

*

America's

Car-Mart,

Inc

869,056‌

122,073

Arko

Corp

1,114,526‌

31,853

*

Asbury

Automotive

Group,

Inc

5,467,249‌

124,747

*,e

BARK,

Inc

178,388‌

131,506

*,e

Bed

Bath

&

Beyond,

Inc

661,475‌

37,990

Big

5

Sporting

Goods

Corp

488,551‌

39,199

e

Big

Lots,

Inc

791,428‌

42,511

*

Boot

Barn

Holdings,

Inc

2,648,435‌

11,635

*

Boxed,

Inc

21,874‌

41,887

Buckle,

Inc

1,264,987‌

19,768

Build-A-Bear

Workshop,

Inc

315,695‌

50,744

Caleres,

Inc

1,259,466‌

53,948

Camping

World

Holdings,

Inc

1,458,754‌

74,186

*

CarParts.com,

Inc

592,004‌

32,389

Cato

Corp

(Class

A)

400,004‌

175,489

*

Chico's

FAS,

Inc

880,955‌

18,530

*

Children's

Place,

Inc

803,090‌

15,903

*

Citi

Trends,

Inc

390,896‌

18,650

*

Conn's,

Inc

175,683‌

53,065

*

Container

Store

Group,

Inc

395,865‌

811,536

*,e

ContextLogic,

Inc

1,217,304‌

80,574

Designer

Brands,

Inc

1,162,683‌

95,461

*

Destination

XL

Group,

Inc

395,209‌

6,456

e

Dillard's,

Inc

(Class

A)

1,467,772‌

20,264

*

Duluth

Holdings,

Inc

195,345‌

97,818

*,e

EVgo,

Inc

877,427‌

145,101

*,e

Express

Parent

LLC

245,221‌

119,360

Foot

Locker,

Inc

3,386,243‌

41,458

Franchise

Group,

Inc

1,365,212‌

44,369

*

Funko,

Inc

1,162,911‌

18,260

*

Genesco,

Inc

1,023,473‌

23,102

Group

1

Automotive,

Inc

4,087,206‌

32,196

*,e

Groupon,

Inc

341,278‌

82,304

*,e

GrowGeneration

Corp

399,174‌

52,769

Guess?,

Inc

997,862‌

22,347

Haverty

Furniture

Cos,

Inc

610,743‌

17,930

Hibbett

Sports,

Inc

841,276‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

205

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

RETAILING—continued

18,169

JOANN,

Inc

$

164,248‌

22,463

*

Lands'

End,

Inc

286,403‌

36,822

*

Liquidity

Services,

Inc

741,227‌

8,835

*,e

Lulu's

Fashion

Lounge

Holdings,

Inc

49,476‌

41,895

*

Lumber

Liquidators,

Inc

420,626‌

29,604

*

MarineMax,

Inc

1,209,027‌

47,619

Monro

Muffler,

Inc

2,388,093‌

32,635

Murphy

USA,

Inc

9,280,089‌

116,651

*

National

Vision

Holdings,

Inc

3,399,210‌

61,448

*

ODP

Corp

2,230,562‌

17,058

OneWater

Marine,

Inc

618,182‌

60,931

*,e

Overstock.com,

Inc

1,766,999‌

153,715

*,e

Party

City

Holdco,

Inc

175,235‌

29,033

e

PetMed

Express,

Inc

633,500‌

115,515

*,e

Porch

Group,

Inc

222,944‌

64,200

*

Poshmark,

Inc

692,718‌

122,870

*

Quotient

Technology,

Inc

340,350‌

487,538

Qurate

Retail

Group,

Inc

QVC

Group

1,330,979‌

160,992

*,e

RealReal,

Inc

375,111‌

65,513

*,e

Rent

the

Runway,

Inc

290,878‌

74,293

Rent-A-Center,

Inc

1,748,114‌

58,343

*,e

Revolve

Group,

Inc

1,652,274‌

17,787

*

RumbleON,

Inc

297,043‌

149,419

*

Sally

Beauty

Holdings,

Inc

1,909,575‌

24,101

Shoe

Carnival,

Inc

525,643‌

34,825

Shutterstock,

Inc

1,967,612‌

67,080

e

Signet

Jewelers

Ltd

4,089,197‌

30,864

*

Sleep

Number

Corp

1,390,732‌

28,323

Sonic

Automotive,

Inc

(Class

A)

1,185,318‌

59,219

*

Sportsman's

Warehouse

Holdings,

Inc

583,899‌

115,618

*

Stitch

Fix

Inc

690,239‌

82,384

*,e

ThredUp,

Inc

185,364‌

42,668

Tilly's,

Inc

322,997‌

24,793

*,e

Torrid

Holdings,

Inc

100,660‌

20,041

*

TravelCenters

of

America,

Inc

836,111‌

91,997

*

Urban

Outfitters,

Inc

1,884,099‌

34,551

e

Vivid

Seats,

Inc

288,846‌

171,436

*,e

Volta,

Inc

315,442‌

120,616

*

Warby

Parker,

Inc

1,494,432‌

8,228

Weyco

Group,

Inc

216,726‌

3,974

Winmark

Corp

882,824‌

48,631

*,e

Xometry,

Inc

1,847,978‌

21,845

*

Zumiez,

Inc

567,970‌

TOTAL

RETAILING

101,734,354‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

2

.8

%

67,610

*

ACM

Research,

Inc

1,141,257‌

30,740

*

Alpha

&

Omega

Semiconductor

Ltd

1,291,387‌

52,373

*

Ambarella,

Inc

4,532,883‌

146,676

Amkor

Technology,

Inc

2,958,455‌

28,637

*,e

Atomera,

Inc

334,480‌

47,168

*

Axcelis

Technologies,

Inc

3,317,326‌

62,521

*

AXT,

Inc

548,309‌

32,245

*

Ceva,

Inc

1,200,481‌

16

*,†

China

Energy

Savings

Technology,

Inc

0‌

70,544

*

Cohu,

Inc

2,016,148‌

32,755

*,e

Credo

Technology

Group

Holding

Ltd

525,718‌

10,013

*

CyberOptics

Corp

407,229‌

63,908

*

Diodes,

Inc

5,200,194‌

112,069

*

Formfactor,

Inc

3,985,174‌

40,413

*

Ichor

Holdings

Ltd

1,263,310‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

206

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

30,772

*

Impinj,

Inc

$

2,616,236‌

139,359

*,e

indie

Semiconductor,

Inc

1,003,385‌

83,566

Kulicke

&

Soffa

Industries,

Inc

4,021,196‌

72,543

*

MACOM

Technology

Solutions

Holdings,

Inc

4,203,141‌

103,258

*

MaxLinear,

Inc

4,172,656‌

71,233

*

Nanometrics,

Inc

5,930,147‌

80,154

*

NeoPhotonics

Corp

Ltd

1,281,663‌

44,006

*

PDF

Solutions,

Inc

1,187,282‌

89,546

*

Photronics,

Inc

2,132,090‌

83,301

Power

Integrations,

Inc

7,081,418‌

157,406

*

Rambus,

Inc

3,979,224‌

44,961

*,e

Rigetti

Computing,

Inc

199,177‌

142,445

*,e

Rockley

Photonics

Holdings

Ltd

364,659‌

90,894

*

Semtech

Corp

5,665,423‌

52,779

*

Silicon

Laboratories,

Inc

7,783,847‌

23,037

*

SiTime

Corp

4,284,421‌

18,771

*,e

SkyWater

Technology,

Inc

252,282‌

69,700

*

SMART

Global

Holdings,

Inc

1,367,514‌

118,090

*,e

SunPower

Corp

2,405,493‌

57,047

*

Synaptics,

Inc

8,268,963‌

29,962

*

Transphorm,

Inc

154,304‌

65,967

*

Ultra

Clean

Holdings

2,216,491‌

74,484

*

Veeco

Instruments,

Inc

1,623,751‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

100,917,114‌

SOFTWARE

&

SERVICES

-

7

.1

%

153,960

*

8x8,

Inc

752,864‌

94,517

A10

Networks,

Inc

1,409,248‌

167,203

*

ACI

Worldwide,

Inc

4,770,302‌

28,426

*

Agilysys,

Inc

1,372,976‌

70,347

*

Alarm.com

Holdings,

Inc

4,978,457‌

50,009

*,e

Alkami

Technology,

Inc

696,125‌

76,840

*

Altair

Engineering,

Inc

4,526,644‌

43,487

*

American

Software,

Inc

(Class

A)

777,548‌

81,147

*,e

Amplitude,

Inc

1,199,353‌

28,149

*

Appfolio,

Inc

2,865,850‌

57,829

*,e

Appian

Corp

2,806,441‌

11,267

*

Applied

Blockchain,

Inc

23,886‌

23,647

*

Arteris,

Inc

190,595‌

105,988

*,e

Asana,

Inc

2,047,688‌

119,098

*,e

Avaya

Holdings

Corp

107,021‌

182,154

*,e

AvePoint,

Inc

916,235‌

211,536

*

AvidXchange

Holdings,

Inc

1,527,290‌

39,105

*

Benefitfocus,

Inc

331,219‌

90,489

*

BigCommerce

Holdings,

Inc

1,416,153‌

67,834

*

Blackbaud,

Inc

4,159,581‌

80,270

*

Blackline,

Inc

5,074,669‌

258,384

*

Blend

Labs,

Inc

682,134‌

189,568

*

Box,

Inc

5,391,314‌

72,115

Bread

Financial

Holdings,

Inc

2,856,475‌

52,707

*

Brightcove,

Inc

313,607‌

134,265

*

BTRS

Holdings,

Inc

866,009‌

99,854

*,e

C3.ai,

Inc

1,838,312‌

81,678

*

Cantaloupe,

Inc

495,785‌

19,577

Cass

Information

Systems,

Inc

713,777‌

63,698

*,e

Cerberus

Cyber

Sentinel

Corp

204,471‌

55,569

*

Cerence

Inc

1,565,379‌

41,867

*

ChannelAdvisor

Corp

617,120‌

54,565

*,e

Cipher

Mining,

Inc

93,852‌

70,747

*,e

Cleanspark,

Inc

282,281‌

89,460

*,e

Clear

Secure,

Inc

2,265,127‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

207

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

65,189

*

Commvault

Systems,

Inc

$

3,656,451‌

236,633

*

Conduent,

Inc

1,102,710‌

22,286

*

Consensus

Cloud

Solutions,

Inc

1,204,113‌

305,205

*,e

Core

Scientific,

Inc

766,065‌

37,025

*

Couchbase,

Inc

563,891‌

31,049

*,e

CS

Disco,

Inc

761,942‌

47,480

CSG

Systems

International,

Inc

3,098,070‌

116,974

*

Cvent

Holding

Corp

729,918‌

59,269

*,e

Cyxtera

Technologies,

Inc

722,489‌

19,558

*,e

Digimarc

Corp

299,433‌

131,747

*

Digital

Turbine,

Inc

2,644,162‌

109,755

*

DigitalOcean

Holdings,

Inc

4,497,760‌

41,771

*

Domo,

Inc

1,170,006‌

112,371

*

Duck

Creek

Technologies,

Inc

1,550,720‌

283,205

*,e

E2open

Parent

Holdings,

Inc

1,911,634‌

38,501

e

Ebix,

Inc

910,934‌

32,005

*

eGain

Corp

283,564‌

34,478

*

Enfusion,

Inc

396,497‌

48,560

*

EngageSmart,

Inc

916,327‌

81,176

*

Envestnet,

Inc

4,730,125‌

55,927

*

Everbridge,

Inc

1,406,005‌

33,468

*

EverCommerce,

Inc

384,213‌

86,363

EVERTEC,

Inc

3,367,293‌

68,605

*

Evo

Payments,

Inc

1,875,661‌

47,184

*

ExlService

Holdings,

Inc

7,944,370‌

157,389

*

Fastly,

Inc

1,789,513‌

81,644

*

Flywire

Corp

1,915,368‌

40,463

*

ForgeRock,

Inc

820,185‌

18,115

*

Greenidge

Generation

Holdings,

Inc

53,983‌

73,636

*

Grid

Dynamics

Holdings,

Inc

1,389,511‌

36,361

Hackett

Group,

Inc

762,490‌

32,351

*

I3

Verticals,

Inc

877,683‌

8,594

*

IBEX

Ltd

155,208‌

49,632

Information

Services

Group,

Inc

370,255‌

23,999

*,e

Instructure

Holdings,

Inc

586,536‌

19,278

*

Intapp,

Inc

292,447‌

44,920

InterDigital,

Inc

2,757,639‌

47,821

*

International

Money

Express

Inc

1,149,617‌

90,684

*,e

IronNet,

Inc

201,318‌

41,840

*,e

Kaleyra,

Inc

94,977‌

106,009

*

KnowBe4,

Inc

1,514,869‌

99,530

*,e

Latch,

Inc

119,436‌

191,666

*,e

Limelight

Networks,

Inc

484,915‌

98,268

*

Liveperson,

Inc

1,340,376‌

96,610

*

LiveRamp

Holdings,

Inc

2,570,792‌

12,391

*

LiveVox

Holdings,

Inc

20,445‌

148,939

*,e

Marathon

Digital

Holdings,

Inc

1,934,718‌

625,597

*

Marqeta,

Inc

5,999,475‌

315,425

*,e

Matterport,

Inc

1,340,556‌

89,618

MAXIMUS,

Inc

5,990,963‌

31,294

*

MeridianLink,

Inc

533,563‌

13,563

*,e

MicroStrategy,

Inc

(Class

A)

3,879,832‌

59,675

*

Mitek

Systems,

Inc

649,264‌

51,242

*

Model

N,

Inc

1,287,199‌

136,745

*

MoneyGram

International,

Inc

1,389,329‌

97,672

*

N-Able,

Inc

959,139‌

68,395

*,e

NextNav,

Inc

188,770‌

131,030

*

Olo,

Inc

1,403,331‌

58,089

*

ON24,

Inc

558,235‌

53,118

*

OneSpan,

Inc

588,016‌

121,104

*

Pagerduty,

Inc

3,140,227‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

208

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

SOFTWARE

&

SERVICES—continued

121,960

*

Paya

Holdings,

Inc

$

852,500‌

309,500

*

Payoneer

Global,

Inc

1,652,730‌

473,090

*,e

Paysafe

Ltd

950,911‌

49,095

*

Perficient,

Inc

5,180,504‌

23,054

*,e

PFSweb,

Inc

251,519‌

112,074

*

Ping

Identity

Holding

Corp

1,922,069‌

25,156

*,e

Priority

Technology

Holdings

Inc

112,950‌

64,377

Progress

Software

Corp

3,023,144‌

57,434

*

PROS

Holdings,

Inc

1,399,667‌

80,047

*

Q2

Holdings,

Inc

3,514,063‌

56,910

*

Qualys,

Inc

6,961,231‌

90,337

*,e

Rackspace

Technology,

Inc

608,871‌

84,556

*

Rapid7,

Inc

5,409,047‌

120,861

*

Remitly

Global,

Inc

1,151,805‌

123,186

*

Repay

Holdings

Corp

1,650,692‌

68,658

*

Rimini

Street,

Inc

481,979‌

169,626

*,e

Riot

Blockchain,

Inc

1,241,662‌

468,180

*

Sabre

Corp

2,879,307‌

136,041

*

SailPoint

Technologies

Holding,

Inc

8,675,335‌

42,689

Sapiens

International

Corp

NV

1,123,148‌

13,501

*

SecureWorks

Corp

134,065‌

11,953

*

ShotSpotter,

Inc

401,501‌

67,188

SolarWinds

Corp

719,583‌

66,067

*

Sprout

Social,

Inc

3,442,091‌

52,443

*

SPS

Commerce,

Inc

6,280,574‌

44,719

*,e

Squarespace,

Inc

951,173‌

398,560

*

StoneCo

Ltd

3,818,205‌

119,307

*

Sumo

Logic,

Inc

807,708‌

188,021

*

SVMK,

Inc

1,626,382‌

75,208

*

Telos

Corp

597,152‌

159,314

*

Tenable

Holdings,

Inc

6,157,486‌

30,573

*,e

Terawulf,

Inc

44,025‌

27,764

TTEC

Holdings,

Inc

2,031,492‌

13,579

*,e

Tucows,

Inc

628,300‌

93,710

*

Unisys

Corp

1,285,701‌

40,708

*

Upland

Software,

Inc

460,815‌

66,026

*,e

UserTesting,

Inc

417,945‌

157,236

*

Varonis

Systems,

Inc

3,998,511‌

94,173

*

Verint

Systems,

Inc

4,300,881‌

36,492

*,e

Veritone,

Inc

256,539‌

211,812

*

Verra

Mobility

Corp

3,492,780‌

17,360

*

Viant

Technology,

Inc

86,279‌

7,066

*

Weave

Communications,

Inc

35,401‌

100,235

*,e

WM

Technology,

Inc

340,799‌

68,895

*

Workiva,

Inc

4,512,622‌

145,042

Xperi

Holding

Corp

2,430,904‌

173,918

*

Yext,

Inc

761,761‌

43,446

*,e

Zeta

Global

Holdings

Corp

232,436‌

161,837

*

Zuora

Inc

1,377,233‌

TOTAL

SOFTWARE

&

SERVICES

256,813,799‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

3

.6

%

178,793

*

3D

Systems

Corp

2,045,392‌

33,185

*

908

Devices,

Inc

746,663‌

101,530

ADTRAN

Holdings,

Inc

2,445,858‌

53,970

Advanced

Energy

Industries,

Inc

4,829,775‌

136,154

*,e

Aeva

Technologies,

Inc

480,624‌

37,087

*,e

AEye,

Inc

83,075‌

92,960

*,e

Akoustis

Technologies,

Inc

397,869‌

119,370

*

Arlo

Technologies,

Inc

839,171‌

15,093

*

Aviat

Networks,

Inc

443,432‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

209

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

53,578

*

Avid

Technology,

Inc

$

1,503,399‌

42,223

Badger

Meter,

Inc

4,061,430‌

63,045

Belden

CDT,

Inc

4,080,272‌

48,952

Benchmark

Electronics,

Inc

1,252,192‌

81,629

*

Calix,

Inc

4,656,118‌

15,390

*

Cambium

Networks

Corp

290,101‌

75,012

*

Casa

Systems,

Inc

331,553‌

16,886

*

Clearfield,

Inc

1,664,115‌

289,125

*

CommScope

Holding

Co,

Inc

2,610,799‌

11,162

*

CompoSecure,

Inc

60,945‌

44,447

Comtech

Telecommunications

Corp

516,474‌

53,537

*,e

Corsair

Gaming,

Inc

754,872‌

44,674

CTS

Corp

1,817,338‌

29,302

*

Diebold,

Inc

94,645‌

48,605

*

Digi

International,

Inc

1,384,756‌

26,323

*

DZS,

Inc

493,293‌

98,667

*,e

Eastman

Kodak

Co

543,655‌

38,958

*

ePlus,

Inc

2,164,896‌

117,515

*,e

Evolv

Technologies

Holdings,

Inc

316,115‌

187,445

*

Extreme

Networks,

Inc

2,451,781‌

53,059

*

Fabrinet

5,096,848‌

25,759

*

FARO

Technologies,

Inc

837,683‌

24,715

*,e

Focus

Universal,

Inc

344,280‌

135,696

*

Harmonic,

Inc

1,481,800‌

32,348

*

Identiv,

Inc

437,992‌

264,557

*

Infinera

Corp

1,732,848‌

130,514

*,e

Inseego

Corp

291,046‌

46,465

*

Insight

Enterprises,

Inc

4,340,296‌

172,015

*,e

IonQ,

Inc

928,881‌

65,090

*

Itron,

Inc

3,801,256‌

33,585

*

Kimball

Electronics,

Inc

738,870‌

130,358

*

Knowles

Corp

2,574,571‌

165,616

*,e

Lightwave

Logic,

Inc

1,767,123‌

50,544

Methode

Electronics,

Inc

2,084,435‌

236,641

*,e

Microvision,

Inc

1,218,701‌

191,285

*,e

Mirion

Technologies,

Inc

1,300,738‌

44,370

*

Napco

Security

Technologies,

Inc

1,138,534‌

39,595

*

Netgear,

Inc

1,020,759‌

102,345

*

Netscout

Systems,

Inc

3,641,435‌

64,894

*

nLight,

Inc

795,600‌

51,526

*

Novanta,

Inc

7,945,309‌

47,801

*,e

Ondas

Holdings,

Inc

218,929‌

23,737

*

OSI

Systems,

Inc

2,294,656‌

186,294

*,e

Ouster,

Inc

327,877‌

37,135

*,e

PAR

Technology

Corp

1,545,559‌

18,102

PC

Connection,

Inc

858,578‌

61,565

*

Plantronics,

Inc

2,449,671‌

39,528

*

Plexus

Corp

3,713,656‌

111,945

*

Ribbon

Communications,

Inc

379,494‌

27,468

*

Rogers

Corp

7,395,759‌

86,344

*

Sanmina

Corp

3,976,141‌

35,769

*

Scansource,

Inc

1,142,820‌

169,690

*,e

SmartRent,

Inc

960,445‌

65,269

*

Super

Micro

Computer,

Inc

3,525,179‌

141,677

*

TTM

Technologies,

Inc

1,916,890‌

23,429

*

Turtle

Beach

Corp

304,577‌

272,220

*,e

Velodyne

Lidar,

Inc

285,831‌

329,753

*

Viavi

Solutions,

Inc

4,880,344‌

189,504

Vishay

Intertechnology,

Inc

3,915,153‌

16,057

*

Vishay

Precision

Group,

Inc

500,657‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

210

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

166,054

Xerox

Holdings

Corp

$

2,844,505‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

130,316,334‌

TELECOMMUNICATION

SERVICES

-

0

.8

%

17,801

*

Anterix,

Inc

791,966‌

16,039

ATN

International,

Inc

738,436‌

33,774

*

Bandwidth

Inc

561,662‌

151,038

*,e

Charge

Enterprises,

Inc

459,155‌

62,392

Cogent

Communications

Group,

Inc

3,981,234‌

105,124

*

Consolidated

Communications

Holdings,

Inc

693,818‌

49,151

*

EchoStar

Corp

(Class

A)

971,224‌

975,862

*,e

Globalstar,

Inc

1,366,207‌

72,155

*

Gogo,

Inc

1,252,611‌

21,164

*

IDT

Corp

(Class

B)

550,899‌

184,135

*

Iridium

Communications,

Inc

8,232,676‌

49,275

*,e

KORE

Group

Holdings,

Inc

131,071‌

56,787

*

Liberty

Latin

America

Ltd

(Class

A)

418,520‌

213,525

*

Liberty

Latin

America

Ltd

(Class

C)

1,567,273‌

34,046

*

Ooma,

Inc

406,169‌

107,780

*

Radius

Global

Infrastructure,

Inc

1,646,878‌

70,712

Shenandoah

Telecom

Co

1,576,878‌

33,314

*,e

Starry

Group

Holdings,

Inc

106,605‌

143,602

Telephone

&

Data

Systems,

Inc

2,270,348‌

19,974

*

US

Cellular

Corp

585,038‌

TOTAL

TELECOMMUNICATION

SERVICES

28,308,668‌

TRANSPORTATION

-

1

.7

%

85,787

*

Air

Transport

Services

Group,

Inc

2,688,565‌

21,916

*

Allegiant

Travel

Co

2,527,134‌

35,334

ArcBest

Corp

3,130,592‌

39,016

*

Atlas

Air

Worldwide

Holdings,

Inc

2,953,901‌

242,075

*,e

Bird

Global,

Inc

130,236‌

92,383

*,e

Blade

Air

Mobility,

Inc

513,188‌

84,726

Costamare,

Inc

993,836‌

15,416

Covenant

Transportation

Group,

Inc

515,974‌

58,964

*

Daseke,

Inc

494,118‌

18,943

e

Eagle

Bulk

Shipping,

Inc

1,002,653‌

32,081

e

Eneti,

Inc

205,960‌

38,866

Forward

Air

Corp

4,078,209‌

52,086

*,e

Frontier

Group

Holdings,

Inc

754,205‌

51,649

Genco

Shipping

&

Trading

Ltd

995,793‌

180,454

e

Golden

Ocean

Group

Ltd

1,970,558‌

77,519

*

Hawaiian

Holdings,

Inc

1,159,684‌

66,883

Heartland

Express,

Inc

1,062,102‌

47,698

*

Hub

Group,

Inc

(Class

A)

3,644,127‌

354,539

*

Joby

Aviation,

Inc

1,964,146‌

83,046

Marten

Transport

Ltd

1,790,472‌

57,649

Matson,

Inc

5,284,684‌

10,560

*

PAM

Transportation

Services,

Inc

377,837‌

66,919

*

Radiant

Logistics,

Inc

485,163‌

102,066

Safe

Bulkers,

Inc

393,975‌

38,198

*

Saia,

Inc

9,085,394‌

74,301

*

Skywest,

Inc

1,794,369‌

156,746

*

Spirit

Airlines,

Inc

3,882,598‌

46,129

*

Sun

Country

Airlines

Holdings,

Inc

930,422‌

205,601

*,e

TuSimple

Holdings,

Inc

2,047,786‌

13,913

Universal

Logistics

Holdings

Inc

418,086‌

94,570

Werner

Enterprises,

Inc

4,157,297‌

271,101

*

Wheels

Up

Experience,

Inc

607,266‌

TOTAL

TRANSPORTATION

62,040,330‌

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

211

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES

-

3

.4

%

82,212

Allete,

Inc

$

5,102,899‌

58,484

*,e

Altus

Power,

Inc

458,514‌

54,466

American

States

Water

Co

4,747,801‌

11,287

Artesian

Resources

Corp

581,958‌

105,561

Avista

Corp

4,461,008‌

93,703

Black

Hills

Corp

7,233,872‌

141,880

Brookfield

Infrastructure

Corp

6,499,523‌

78,283

California

Water

Service

Group

4,703,243‌

25,197

Chesapeake

Utilities

Corp

3,455,265‌

51,568

Clearway

Energy,

Inc

(Class

A)

1,780,643‌

117,796

Clearway

Energy,

Inc

(Class

C)

4,422,062‌

17,733

*

Global

Water

Resources,

Inc

234,607‌

53,169

MGE

Energy,

Inc

4,326,893‌

25,142

Middlesex

Water

Co

2,391,256‌

99,401

*,e

Montauk

Renewables,

Inc

1,189,830‌

138,056

New

Jersey

Resources

Corp

6,376,807‌

48,713

Northwest

Natural

Holding

Co

2,614,427‌

78,167

NorthWestern

Corp

4,334,360‌

77,588

ONE

Gas,

Inc

6,590,325‌

65,902

e

Ormat

Technologies,

Inc

5,703,159‌

58,920

Otter

Tail

Corp

4,140,308‌

124,551

PNM

Resources,

Inc

6,012,077‌

131,188

Portland

General

Electric

Co

6,735,192‌

29,806

*

Pure

Cycle

Corp

314,751‌

37,635

SJW

Corp

2,471,114‌

178,872

South

Jersey

Industries,

Inc

6,131,732‌

95,535

Southwest

Gas

Holdings

Inc

8,307,724‌

73,678

Spire,

Inc

5,543,533‌

141,828

*

Sunnova

Energy

International,

Inc

3,690,364‌

22,151

Unitil

Corp

1,213,210‌

20,201

Via

Renewables,

Inc

164,032‌

19,768

York

Water

Co

849,826‌

TOTAL

UTILITIES

122,782,315‌

TOTAL

COMMON

STOCKS

3,595,444,565‌

(Cost

$2,827,556,439)

EXPIRATION

DATE

RIGHTS/WARRANTS

-

0.0%

ENERGY

-

0

.0

%

4

Chord

Energy

Corp

09/01/24

78‌

TOTAL

ENERGY

78‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.0

%

20,265

†

Chinook

Therapeutics,

Inc

0‌

9,351

†

Tobira

Therapeutics,

Inc

561‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

561‌

TOTAL

RIGHTS/WARRANTS

639‌

(Cost

$561)

Portfolio

of

investments

(unaudited)

Small-Cap

Blend

Index

Fund

July

31,

2022

212

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

EXPIRATION

DATE

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

SHORT-TERM

INVESTMENTS

-

6.0%

RATE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

6

.0

%

216,227,013

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

$

216,227,013‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

216,227,013‌

TOTAL

SHORT-TERM

INVESTMENTS

216,227,013‌

(Cost

$216,227,013)

TOTAL

INVESTMENTS

-

105.8%

3,811,672,217‌

(Cost

$3,043,784,013)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(5.8)%

(

210,496,238‌

)

NET

ASSETS

-

100.0%

$

3,601,175,979‌

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

$264,263,021.

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

213

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BONDS

-

0.0%

CORPORATE

BONDS

-

0.0%

INDIA

-

0

.0

%

INR

1,648,737

Britannia

Industries

Ltd

5

.500

%

06/03/24

$

20,240‌

TOTAL

INDIA

20,240‌

TOTAL

CORPORATE

BONDS

20,240‌

(Cost

$22,656)

TOTAL

BONDS

20,240‌

(Cost

$22,656)

SHARES

COMPANY

COMMON

STOCKS

-

98.1%

BRAZIL

-

5

.0

%

3,528,497

AMBEV

S.A.

10,181,570‌

464,688

Americanas

S.A.

1,257,346‌

357,700

Atacadao

Distribuicao

Comercio

e

Industria

Ltd

1,287,944‌

4,527,246

B3

SA-Brasil

Bolsa

Balcao

9,703,554‌

1,206,328

*

Banco

Bradesco

S.A.

3,373,643‌

3,986,804

*

Banco

Bradesco

S.A.

(Preference)

13,430,354‌

866,500

Banco

BTG

Pactual

S.A.

-

Unit

3,773,071‌

640,983

Banco

do

Brasil

S.A.

4,456,071‌

252,674

Banco

Santander

Brasil

S.A.

1,381,525‌

499,948

BB

Seguridade

Participacoes

S.A.

2,801,162‌

144,900

Braskem

S.A.

1,027,499‌

421,204

*

BRF

S.A.

1,299,244‌

813,941

Centrais

Eletricas

Brasileiras

S.A.

7,206,401‌

192,192

Centrais

Eletricas

Brasileiras

S.A.

(Preference)

1,758,073‌

921,942

Cia

de

Concessoes

Rodoviarias

2,314,611‌

255,758

Cia

de

Saneamento

Basico

do

Estado

de

Sao

Paulo

2,208,057‌

1,058,535

Cia

Energetica

de

Minas

Gerais

2,299,517‌

489,230

Cia

Siderurgica

Nacional

S.A.

1,390,884‌

891,083

Cosan

SA

Industria

e

Comercio

3,215,346‌

148,980

CPFL

Energia

S.A.

945,576‌

142,200

Energisa

S.A.

1,210,353‌

193,525

Engie

Brasil

Energia

S.A.

1,657,685‌

748,065

Equatorial

Energia

S.A.

3,586,999‌

837,975

Gerdau

S.A.

(Preference)

3,961,436‌

3,360,686

g

Hapvida

Participacoes

e

Investimentos

S.A.

4,001,049‌

298,078

Hypermarcas

S.A.

2,453,594‌

1

Inter

&

Co,

Inc

3‌

3,382,003

Investimentos

Itau

S.A.

-

PR

5,640,920‌

3,619,753

*

Itau

Unibanco

Holding

S.A.

16,524,336‌

554,433

Klabin

S.A.

2,135,608‌

540,982

Localiza

Rent

A

Car

6,023,458‌

707,654

Lojas

Renner

S.A.

3,458,876‌

2,092,660

Magazine

Luiza

S.A.

1,043,479‌

690,019

Natura

&

Co

Holding

S.A.

2,077,752‌

646,100

*

Petro

Rio

S.A.

3,024,399‌

2,852,723

Petroleo

Brasileiro

S.A.

20,377,774‌

3,635,468

Petroleo

Brasileiro

S.A.

(Preference)

23,994,749‌

810,615

Raia

Drogasil

S.A.

3,286,891‌

283,700

g

Rede

D'Or

Sao

Luiz

S.A.

1,775,969‌

964,927

Rumo

S.A.

3,271,065‌

558,020

Suzano

SA

5,208,014‌

402,321

Telefonica

Brasil

S.A.

3,467,949‌

654,466

TIM

S.A.

1,592,495‌

363,800

Totvus

S.A.

1,854,121‌

214

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

BRAZIL—continued

614,760

Ultrapar

Participacoes

S.A.

$

1,507,761‌

2,980,600

Vale

S.A.

40,180,292‌

787,927

Vibra

Energia

S.A.

2,535,510‌

1,238,434

Weg

S.A.

6,711,445‌

TOTAL

BRAZIL

247,875,430‌

CHILE

-

0

.6

%

36,409,444

Banco

de

Chile

3,454,675‌

40,846

Banco

de

Credito

e

Inversiones

1,232,406‌

44,326,061

Banco

Santander

Chile

S.A.

1,755,629‌

1,118,207

Cencosud

S.A.

1,527,592‌

104,410

Cia

Cervecerias

Unidas

S.A.

602,521‌

10,611,675

Compania

SudAmericana

de

Vapores

S.A.

1,148,195‌

870,584

Empresas

CMPC

S.A.

1,479,152‌

299,586

Empresas

COPEC

S.A.

2,453,606‌

17,037,926

Enel

Chile

S.A.

487,824‌

14,887,715

Enersis

S.A.

1,506,780‌

612,023

SACI

Falabella

1,365,183‌

106,526

Sociedad

Quimica

y

Minera

de

Chile

S.A.

(Class

B)

10,580,369‌

TOTAL

CHILE

27,593,932‌

CHINA

-

31

.1

%

72,400

360

Finance,

Inc

(ADR)

1,051,248‌

202,200

360

Security

Technology,

Inc

221,939‌

1,275,000

g

3SBio,

Inc

848,673‌

592,500

e

AAC

Technologies

Holdings,

Inc

1,148,757‌

21,582

*

Advanced

Micro-Fabrication

Equipment,

Inc

China

389,986‌

38,500

AECC

Aero-Engine

Control

Co

Ltd

156,155‌

90,500

AECC

Aviation

Power

Co

Ltd

669,436‌

22,963,043

Agricultural

Bank

of

China

Ltd

7,573,718‌

4,736,700

Agricultural

Bank

of

China

Ltd

(Class

A)

2,004,929‌

292,219

Aier

Eye

Hospital

Group

Co

Ltd

1,320,718‌

356,390

*

Air

China

Ltd

511,320‌

1,412,000

*

Air

China

Ltd

(H

shares)

1,108,257‌

104,530

Airtac

International

Group

2,865,348‌

11,345,788

*

Alibaba

Group

Holding

Ltd

127,566,009‌

3,556,284

*,e

Alibaba

Health

Information

Technology

Ltd

2,135,541‌

497,250

g

A-Living

Services

Co

Ltd

606,527‌

2,836,000

Aluminum

Corp

of

China

Ltd

1,038,690‌

542,300

*

Aluminum

Corp

of

China

Ltd

(Class

A)

377,026‌

15,390

*

Amlogic

Shanghai

Co

Ltd

193,460‌

22,700

Angel

Yeast

Co

Ltd

149,699‌

938,782

Anhui

Conch

Cement

Co

Ltd

3,714,459‌

179,000

Anhui

Conch

Cement

Co

Ltd

(Class

A)

864,174‌

101,151

Anhui

Gujing

Distillery

Co

Ltd

1,546,675‌

17,000

Anhui

Gujing

Distillery

Co

Ltd

(Class

A)

539,196‌

19,760

Anhui

Honglu

Steel

Construction

Group

Co

Ltd

87,948‌

17,100

Anhui

Kouzi

Distillery

Co

Ltd

127,253‌

28,600

Anhui

Yingjia

Distillery

Co

Ltd

231,770‌

910,886

Anta

Sports

Products

Ltd

10,029,633‌

35,100

Apeloa

Pharmaceutical

Co

Ltd

100,551‌

33,300

*

Asia-Potash

International

Investment

Guangzhou

Co

Ltd

172,303‌

15,400

Asymchem

Laboratories

Tianjin

Co

Ltd

377,200‌

55,400

Autohome,

Inc

(ADR)

1,977,226‌

84,800

Avary

Holding

Shenzhen

Co

Ltd

387,657‌

294,858

Avic

Capital

Co

Ltd

142,854‌

90,600

AVIC

Electromechanical

Systems

Co

Ltd

159,154‌

1,054,861

AviChina

Industry

&

Technology

Co

562,817‌

14,700

AVICOPTER

plc

95,568‌

1,672,062

*

Baidu,

Inc

28,900,585‌

1,102,759

Bank

of

Beijing

Co

Ltd

683,088‌

259,086

Bank

of

Changsha

Co

Ltd

284,856‌

155,305

Bank

of

Chengdu

Co

Ltd

355,605‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

215

SHARES

COMPANY

VALUE

CHINA—continued

1,697,743

Bank

of

China

Ltd

-

A

$

771,522‌

60,694,425

Bank

of

China

Ltd

-

H

21,582,037‌

2,239,600

Bank

of

Communications

Co

Ltd

-

A

1,536,878‌

7,102,934

Bank

of

Communications

Co

Ltd

-

H

4,227,759‌

259,700

Bank

of

Hangzhou

Co

Ltd

551,826‌

728,110

Bank

of

Jiangsu

Co

Ltd

779,232‌

422,900

Bank

of

Nanjing

Co

Ltd

649,431‌

286,768

Bank

of

Ningbo

Co

Ltd

1,330,611‌

683,409

Bank

of

Shanghai

Co

Ltd

605,126‌

1,134,400

Baoshan

Iron

&

Steel

Co

Ltd

956,923‌

155,900

BBMG

Corp

60,892‌

35,200

*

BeiGene

Ltd

(ADR)

5,916,416‌

1,828,830

*

Beijing

Capital

International

Airport

Co

Ltd

1,075,085‌

264,900

Beijing

Dabeinong

Technology

Group

Co

Ltd

285,625‌

19,500

Beijing

Easpring

Material

Technology

Co

Ltd

278,193‌

67,700

Beijing

Enlight

Media

Co

Ltd

84,081‌

447,000

Beijing

Enterprises

Holdings

Ltd

1,432,626‌

2,887,583

Beijing

Enterprises

Water

Group

Ltd

875,459‌

19,254

Beijing

Kingsoft

Office

Software,

Inc

501,084‌

38,900

Beijing

Kunlun

Tech

Co

Ltd

82,941‌

79,600

Beijing

New

Building

Materials

plc

340,338‌

202,800

Beijing

Originwater

Technology

Co

Ltd

167,631‌

3,070

Beijing

Roborock

Technology

Co

Ltd

148,634‌

39,788

Beijing

Shiji

Information

Technology

Co

Ltd

84,038‌

60,500

Beijing

Shunxin

Agriculture

Co

Ltd

211,109‌

35,100

Beijing

Sinnet

Technology

Co

Ltd

50,079‌

80,784

Beijing

Tiantan

Biological

Products

Corp

Ltd

240,175‌

15,080

Beijing

United

Information

Technology

Co

Ltd

205,736‌

24,070

Beijing

Wantai

Biological

Pharmacy

Enterprise

Co

Ltd

483,529‌

6,100

Beijing

Yuanliu

Hongyuan

Electronic

Technology

Co

Ltd

107,880‌

1,891,400

Beijing-Shanghai

High

Speed

Railway

Co

Ltd

1,305,462‌

11,900

Betta

Pharmaceuticals

Co

Ltd

88,481‌

16,700

BGI

Genomics

Co

Ltd

153,799‌

5,540

*

Bilibili,

Inc

135,415‌

132,827

*

Bilibili,

Inc

(ADR)

3,246,292‌

15,332

Bloomage

Biotechnology

Corp

Ltd

363,269‌

162,200

BOC

International

China

Co

Ltd

304,097‌

1,729,600

BOE

Technology

Group

Co

Ltd

999,518‌

2,330,000

e

Bosideng

International

Holdings

Ltd

1,359,901‌

1,671,945

*,†

Brilliance

China

Automotive

Holdings

Ltd

2,130‌

41,400

BTG

Hotels

Group

Co

Ltd

128,578‌

81,200

BYD

Co

Ltd

3,881,023‌

618,201

BYD

Co

Ltd

(H

shares)

22,617,484‌

524,500

e

BYD

Electronic

International

Co

Ltd

1,347,543‌

51,300

By-health

Co

Ltd

140,845‌

195,650

Caitong

Securities

Co

Ltd

211,853‌

67,200

e,g

CanSino

Biologics,

Inc

562,482‌

6,152

*

CanSino

Biologics,

Inc

147,755‌

147,500

CECEP

Solar

Energy

Co

Ltd

195,606‌

260,900

CECEP

Wind-Power

Corp

211,377‌

6,220,000

g

CGN

Power

Co

Ltd

1,434,229‌

15,300

Chacha

Food

Co

Ltd

108,555‌

16,900

Changchun

High

&

New

Technology

Industry

Group,

Inc

487,347‌

23,945

Changjiang

Securities

Co

Ltd

19,345‌

12,800

Changzhou

Xingyu

Automotive

Lighting

Systems

Co

Ltd

334,544‌

127,100

Chaozhou

Three-Circle

Group

Co

Ltd

507,048‌

228,600

Chengtun

Mining

Group

Co

Ltd

267,769‌

75,600

Chengxin

Lithium

Group

Co

Ltd

637,875‌

55,800

*

Chifeng

Jilong

Gold

Mining

Co

Ltd

151,366‌

161,600

China

Baoan

Group

Co

Ltd

342,103‌

8,164,097

China

Cinda

Asset

Management

Co

Ltd

1,124,615‌

7,203,530

China

Citic

Bank

3,010,932‌

1,708,000

China

Coal

Energy

Co

1,328,699‌

2,220,000

China

Communications

Services

Corp

Ltd

902,577‌

216

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

CHINA—continued

1,272,000

China

Conch

Venture

Holdings

Ltd

$

2,466,009‌

918,600

China

Construction

Bank

Corp

-

A

760,048‌

72,586,641

China

Construction

Bank

Corp

-

H

46,354,567‌

171,100

China

CSSC

Holdings

Ltd

593,445‌

270,700

*

China

Eastern

Airlines

Corp

Ltd

197,124‌

1,330,900

*

China

Energy

Engineering

Corp

Ltd

453,045‌

2,456,400

China

Everbright

Bank

Co

Ltd

-

A

1,058,392‌

3,170,000

China

Everbright

Bank

Co

Ltd

-

H

961,411‌

2,873,888

China

Everbright

International

Ltd

1,529,603‌

2,759,000

g

China

Feihe

Ltd

2,422,607‌

2,723,245

China

Galaxy

Securities

Co

Ltd

1,346,720‌

135,300

China

Galaxy

Securities

Co

Ltd

(Class

A)

174,871‌

2,296,268

China

Gas

Holdings

Ltd

3,529,697‌

86,400

China

Great

Wall

Securities

Co

Ltd

115,533‌

74,800

China

Greatwall

Technology

Group

Co

Ltd

107,485‌

1,780,500

China

Hongqiao

Group

Ltd

1,855,413‌

2,230,000

*,†

China

Huishan

Dairy

Holdings

Co

Ltd

2,841‌

1,152,024

China

Insurance

International

Holdings

Co

Ltd

1,214,782‌

1,199,806

g

China

International

Capital

Corp

Ltd

2,206,114‌

46,100

China

International

Capital

Corp

Ltd

290,992‌

85,600

China

International

Travel

Service

Corp

Ltd

2,673,717‌

2,718,000

China

Jinmao

Holdings

Group

Ltd

630,757‌

182,544

China

Jushi

Co

Ltd

405,356‌

819,000

China

Lesso

Group

Holdings

Ltd

1,003,735‌

5,826,880

China

Life

Insurance

Co

Ltd

8,678,670‌

124,100

China

Life

Insurance

Co

Ltd

(Class

A)

514,079‌

298,600

*,g

China

Literature

Ltd

1,176,807‌

2,531,341

China

Longyuan

Power

Group

Corp

4,066,750‌

1,002,000

China

Medical

System

Holdings

Ltd

1,592,886‌

74,340

China

Meheco

Co

Ltd

160,107‌

418,000

China

Meidong

Auto

Holdings

Ltd

1,015,842‌

2,401,000

China

Mengniu

Dairy

Co

Ltd

11,155,029‌

2,923,368

China

Merchants

Bank

Co

Ltd

15,795,828‌

926,895

China

Merchants

Bank

Co

Ltd

(Class

A)

4,831,947‌

1,178,894

China

Merchants

Holdings

International

Co

Ltd

1,901,377‌

247,620

China

Merchants

Securities

Co

Ltd

511,545‌

379,500

China

Merchants

Shekou

Industrial

Zone

Holdings

Co

Ltd

772,208‌

43,000

China

Minmetals

Rare

Earth

Co

Ltd

181,860‌

2,393,658

China

Minsheng

Banking

Corp

Ltd

-

A

1,293,979‌

5,320,514

e

China

Minsheng

Banking

Corp

Ltd

-

H

1,735,261‌

2,661,000

China

Molybdenum

Co

Ltd

1,306,385‌

698,100

China

Molybdenum

Co

Ltd

(Class

A)

559,160‌

3,053,913

China

National

Building

Material

Co

Ltd

3,065,286‌

256,700

China

National

Chemical

Engineering

Co

Ltd

410,980‌

493,400

China

National

Nuclear

Power

Co

Ltd

452,436‌

144,400

China

Northern

Rare

Earth

Group

High-Tech

Co

Ltd

673,997‌

1,868,773

China

Oilfield

Services

Ltd

1,721,469‌

1,977,294

China

Overseas

Land

&

Investment

Ltd

5,464,092‌

665,000

China

Overseas

Property

Holdings

Ltd

695,018‌

346,400

China

Pacific

Insurance

Group

Co

Ltd

-

A

1,040,071‌

2,062,200

China

Pacific

Insurance

Group

Co

Ltd

-

H

4,404,909‌

4,012,000

China

Power

International

Development

Ltd

2,272,710‌

1,165,611

China

Railway

Group

Ltd

-

A

1,000,488‌

3,306,000

China

Railway

Group

Ltd

-

H

1,968,044‌

143,819

China

Railway

Signal

&

Communication

Corp

Ltd

93,786‌

1,217,038

China

Resources

Beer

Holdings

Company

Ltd

8,394,776‌

2,157,226

China

Resources

Cement

Holdings

Ltd

1,326,908‌

750,000

China

Resources

Gas

Group

Ltd

3,147,323‌

2,427,555

China

Resources

Land

Ltd

10,138,147‌

45,334

China

Resources

Microelectronics

Ltd

341,581‌

533,207

g

China

Resources

Mixc

Lifestyle

Services

Ltd

2,259,084‌

1,443,372

China

Resources

Power

Holdings

Co

2,717,497‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

217

SHARES

COMPANY

VALUE

CHINA—continued

49,425

China

Resources

Sanjiu

Medical

&

Pharmaceutical

Co

Ltd

$

266,067‌

381,600

China

Shenhua

Energy

Co

Ltd

-

A

1,592,062‌

2,625,500

China

Shenhua

Energy

Co

Ltd

-

H

7,420,554‌

1,450,000

*,e

China

Southern

Airlines

Co

Ltd

785,280‌

454,500

*

China

Southern

Airlines

Co

Ltd

(Class

A)

432,381‌

2,273,010

China

State

Construction

Engineering

Corp

Ltd

1,700,614‌

1,526,000

China

State

Construction

International

Holdings

Ltd

1,582,330‌

1,866,000

China

Suntien

Green

Energy

Cor

915,271‌

1,369,000

China

Three

Gorges

Renewables

Group

Co

Ltd

1,277,467‌

23,716,778

g

China

Tower

Corp

Ltd

3,051,225‌

1,425,400

China

Vanke

Co

Ltd

2,711,220‌

454,300

China

Vanke

Co

Ltd

(Class

A)

1,159,730‌

739,000

China

Yangtze

Power

Co

Ltd

2,622,177‌

18,500

China

Zhenhua

Group

Science

&

Technology

Co

Ltd

325,544‌

1,693,981

China

Zheshang

Bank

Co

Ltd

815,157‌

2,018,000

Chinasoft

International

Ltd

1,727,634‌

18,500

Chongqing

Brewery

Co

Ltd

337,630‌

320,866

Chongqing

Changan

Automobile

Co

Ltd

876,676‌

26,500

Chongqing

Fuling

Zhacai

Group

Co

Ltd

117,377‌

1,238,152

Chongqing

Rural

Commercial

Bank

Co

Ltd

658,562‌

66,800

Chongqing

Zhifei

Biological

Products

Co

Ltd

987,095‌

2,727,487

e

CIFI

Holdings

Group

Co

Ltd

740,764‌

4,606,738

Citic

Pacific

Ltd

4,982,570‌

1,567,232

CITIC

Securities

Co

Ltd

3,222,518‌

571,680

CITIC

Securities

Co

Ltd

(Class

A)

1,667,143‌

14,200

CNGR

Advanced

Material

Co

Ltd

262,546‌

130,065

CNNC

Hua

Yuan

Titanium

Dioxide

Co

Ltd

191,824‌

103,700

Contemporary

Amperex

Technology

Co

Ltd

7,879,349‌

1,414,196

COSCO

Pacific

Ltd

1,055,727‌

317,000

COSCO

SHIPPING

Development

Co

Ltd

132,485‌

408,100

COSCO

SHIPPING

Energy

Transportation

Co

Ltd

768,867‌

565,410

COSCO

SHIPPING

Holdings

Co

Ltd

-

A

1,153,396‌

2,409,800

COSCO

SHIPPING

Holdings

Co

Ltd

-

H

3,615,379‌

6,108,416

e

Country

Garden

Holdings

Co

Ltd

2,362,242‌

1,536,000

Country

Garden

Services

Holdings

Co

Ltd

3,425,348‌

188,900

CSC

Financial

Co

Ltd

730,995‌

6,739,489

CSPC

Pharmaceutical

Group

Ltd

7,379,433‌

49,456

Da

An

Gene

Co

Ltd

of

Sun

Yat-Sen

University

137,965‌

2,006,000

g

Dali

Foods

Group

Co

Ltd

955,126‌

1,389,900

Dalian

Port

PDA

Co

Ltd

348,935‌

1,109,200

Daqin

Railway

Co

Ltd

996,591‌

44,300

*

Daqo

New

Energy

Corp

(ADR)

2,866,210‌

28,800

DaShenLin

Pharmaceutical

Group

Co

Ltd

137,833‌

66,900

DHC

Software

Co

Ltd

61,504‌

34,200

Do-Fluoride

New

Materials

Co

Ltd

247,521‌

56,200

Dong-E-E-Jiao

Co

Ltd

298,906‌

145,100

Dongfang

Electric

Corp

Ltd

373,852‌

2,393,917

Dongfeng

Motor

Group

Co

Ltd

1,654,184‌

231,500

Dongxing

Securities

Co

Ltd

282,426‌

1,204,000

Dongyue

Group

1,309,515‌

557,888

East

Money

Information

Co

Ltd

1,847,821‌

18,900

Ecovacs

Robotics

Co

Ltd

260,200‌

601,928

ENN

Energy

Holdings

Ltd

9,819,005‌

60,900

ENN

Natural

Gas

Co

Ltd

156,112‌

78,661

Eve

Energy

Co

Ltd

1,105,174‌

581,000

Ever

Sunshine

Lifestyle

Services

Group

Ltd

418,914‌

182,800

Everbright

Securities

Co

Ltd

411,749‌

142,860

Fangda

Carbon

New

Material

Co

Ltd

150,118‌

1,007,000

e

Far

East

Horizon

Ltd

830,007‌

93,400

FAW

Jiefang

Group

Co

Ltd

120,796‌

24,811

Fiberhome

Telecommunication

Technologies

Co

Ltd

53,255‌

178,400

First

Capital

Securities

Co

Ltd

161,944‌

311,000

*,e

Flat

Glass

Group

Co

Ltd

1,127,268‌

218

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

CHINA—continued

55,300

Flat

Glass

Group

Co

Ltd

$

338,132‌

845,140

Focus

Media

Information

Technology

Co

Ltd

742,598‌

168,404

Foshan

Haitian

Flavouring

&

Food

Co

Ltd

2,069,281‌

1,922,452

Fosun

International

1,514,630‌

353,400

Founder

Securities

Co

Ltd

345,104‌

431,400

Foxconn

Industrial

Internet

Co

Ltd

644,266‌

12,000

Fu

Jian

Anjoy

Foods

Co

Ltd

261,956‌

68,400

Fujian

Sunner

Development

Co

Ltd

201,056‌

89,400

Fuyao

Glass

Industry

Group

Co

Ltd

-

A

544,379‌

459,298

g

Fuyao

Glass

Industry

Group

Co

Ltd

-

H

2,228,040‌

274,120

g

Ganfeng

Lithium

Co

Ltd

2,478,665‌

70,440

Ganfeng

Lithium

Co

Ltd

934,246‌

1,500

G-bits

Network

Technology

Xiamen

Co

Ltd

79,167‌

286,300

*

GCL

System

Integration

Technology

Co

Ltd

188,041‌

870,883

GD

Power

Development

Co

Ltd

493,244‌

651,400

*

GDS

Holdings

Ltd

2,231,157‌

4,540,828

Geely

Automobile

Holdings

Ltd

9,003,980‌

268,600

GEM

Co

Ltd

389,975‌

300,600

Gemdale

Corp

523,036‌

862,000

*

Genscript

Biotech

Corp

3,120,992‌

924,600

GF

Securities

Co

Ltd

1,223,971‌

228,200

GF

Securities

Co

Ltd

(Class

A)

540,669‌

35,800

Giant

Network

Group

Co

Ltd

44,614‌

27,468

Gigadevice

Semiconductor

Beijing,

Inc

484,234‌

14,250

Ginlong

Technologies

Co

Ltd

486,137‌

136,500

GoerTek,

Inc

645,457‌

70,200

Gotion

High-tech

Co

Ltd

408,165‌

2,302,766

Great

Wall

Motor

Co

Ltd

3,650,609‌

81,000

Great

Wall

Motor

Co

Ltd

415,640‌

147,600

Gree

Electric

Appliances,

Inc

of

Zhuhai

729,526‌

683,000

Greentown

China

Holdings

Ltd

1,350,059‌

1,123,305

Greentown

Service

Group

Co

Ltd

1,005,421‌

51,700

GRG

Banking

Equipment

Co

Ltd

70,632‌

83,900

Guangdong

Haid

Group

Co

Ltd

818,651‌

2,296,000

Guangdong

Investments

Ltd

2,236,592‌

9,200

Guangdong

Kinlong

Hardware

Products

Co

Ltd

109,988‌

881,500

Guanghui

Energy

Co

Ltd

1,276,567‌

222,800

Guangzhou

Automobile

Group

Co

Ltd

493,644‌

2,218,851

Guangzhou

Automobile

Group

Co

Ltd

-

H

2,082,729‌

42,100

Guangzhou

Baiyunshan

Pharmaceutical

Holdings

Co

Ltd

180,167‌

41,100

Guangzhou

Haige

Communications

Group,

Inc

Co

54,627‌

11,600

Guangzhou

Kingmed

Diagnostics

Group

Co

Ltd

119,901‌

20,272

Guangzhou

Shiyuan

Electronic

Technology

Co

Ltd

204,835‌

69,200

Guangzhou

Tinci

Materials

Technology

Co

Ltd

538,956‌

246,307

Guangzhou

Yuexiu

Financial

Holdings

Group

Co

Ltd

234,348‌

122,100

Guolian

Securities

Co

Ltd

193,529‌

280,600

Guosen

Securities

Co

Ltd

384,038‌

365,300

Guotai

Junan

Securities

Co

Ltd

785,179‌

339,630

Guoyuan

Securities

Co

Ltd

326,307‌

841,000

e,g

Haidilao

International

Holding

Ltd

1,680,301‌

285,400

Haier

Smart

Home

Co

Ltd

1,051,608‌

1,722,400

Haier

Smart

Home

Co

Ltd

5,512,555‌

491,000

Haitian

International

Holdings

Ltd

1,175,022‌

2,372,000

Haitong

Securities

Co

Ltd

1,588,649‌

394,700

Haitong

Securities

Co

Ltd

(Class

A)

548,223‌

57,036

Hangzhou

First

Applied

Material

Co

Ltd

592,405‌

27,700

Hangzhou

Lion

Electronics

Co

Ltd

234,096‌

32,700

Hangzhou

Oxygen

Plant

Group

Co

Ltd

187,401‌

99,600

Hangzhou

Robam

Appliances

Co

Ltd

418,748‌

46,500

Hangzhou

Silan

Microelectronics

Co

Ltd

288,081‌

16,000

Hangzhou

Tigermed

Consulting

Co

Ltd

-

A

242,653‌

90,100

g

Hangzhou

Tigermed

Consulting

Co

Ltd

-

H

935,830‌

896,000

g

Hansoh

Pharmaceutical

Group

Co

Ltd

1,746,387‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

219

SHARES

COMPANY

VALUE

CHINA—continued

47,000

Heilongjiang

Agriculture

Co

Ltd

$

98,000‌

114,500

Henan

Shenhuo

Coal

&

Power

Co

Ltd

244,786‌

188,000

Henan

Shuanghui

Investment

&

Development

Co

Ltd

749,375‌

518,500

Hengan

International

Group

Co

Ltd

2,509,651‌

273,320

Hengli

Petrochemical

Co

Ltd

820,098‌

3,214,904

*,e

HengTen

Networks

Group

Ltd

930,543‌

127,300

Hengtong

Optic-electric

Co

Ltd

296,164‌

354,660

Hengyi

Petrochemical

Co

Ltd

493,035‌

768,900

Hesteel

Co

Ltd

319,019‌

20,000

Hithink

RoyalFlush

Information

Network

Co

Ltd

256,061‌

75,040

Hongfa

Technology

Co

Ltd

457,990‌

547,041

e

Hopson

Development

Holdings

Ltd

723,023‌

18,500

Hoshine

Silicon

Industry

Co

Ltd

269,982‌

469,051

*,g

Hua

Hong

Semiconductor

Ltd

1,404,899‌

408,000

Huadian

Power

International

Corp

Ltd

(Class

A)

262,005‌

97,400

Huadong

Medicine

Co

Ltd

651,787‌

146,400

Huafon

Chemical

Co

Ltd

165,417‌

28,600

Huagong

Tech

Co

Ltd

93,898‌

124,500

Huaibei

Mining

Holdings

Co

Ltd

240,939‌

57,720

Hualan

Biological

Engineering,

Inc

171,734‌

469,900

Huaneng

Power

International,

Inc

-

A

490,556‌

2,927,110

Huaneng

Power

International,

Inc

-

H

1,399,485‌

1,236,200

g

Huatai

Securities

Co

Ltd

1,630,685‌

216,000

Huatai

Securities

Co

Ltd

(Class

A)

426,054‌

135,500

Huaxi

Securities

Co

Ltd

149,787‌

689,719

Huaxia

Bank

Co

Ltd

524,536‌

122,700

Huaxin

Cement

Co

Ltd

327,194‌

121,373

Huayu

Automotive

Systems

Co

Ltd

395,308‌

146,506

Huazhu

Group

Ltd

(ADR)

5,618,505‌

47,800

Hubei

Xingfa

Chemicals

Group

Co

Ltd

264,878‌

24,100

Huizhou

Desay

Sv

Automotive

Co

Ltd

700,210‌

93,600

Humanwell

Healthcare

Group

Co

Ltd

244,172‌

389,400

Hunan

Valin

Steel

Co

Ltd

263,212‌

51,305

Hundsun

Technologies,

Inc

323,855‌

64,629

*,e

Hutchison

China

MediTech

Ltd

(ADR)

844,701‌

246,000

e,g

Hygeia

Healthcare

Holdings

Co

Ltd

1,414,628‌

108,200

Iflytek

Co

Ltd

676,451‌

10,900

Imeik

Technology

Development

Co

Ltd

949,931‌

3,388,905

Industrial

&

Commercial

Bank

of

China

Ltd

-

A

2,204,278‌

43,042,777

Industrial

&

Commercial

Bank

of

China

Ltd

-

H

22,756,184‌

911,500

Industrial

Bank

Co

Ltd

2,407,915‌

289,600

Industrial

Securities

Co

Ltd

278,202‌

39,100

Ingenic

Semiconductor

Co

Ltd

518,041‌

1,554,900

Inner

Mongolia

BaoTou

Steel

Union

Co

Ltd

522,484‌

140,900

Inner

Mongolia

Dian

Tou

Energy

Corp

Ltd

279,284‌

49,980

Inner

Mongolia

ERDOS

Resources

Co

Ltd

135,491‌

343,300

Inner

Mongolia

Junzheng

Energy

&

Chemical

Industry

Group

Co

Ltd

232,015‌

302,700

Inner

Mongolia

Yili

Industrial

Group

Co

Ltd

1,610,381‌

859,600

Inner

Mongolia

Yitai

Coal

Co

1,355,392‌

186,500

Inner

Mongolia

Yuan

Xing

Energy

Co

Ltd

253,268‌

772,737

*,g

Innovent

Biologics,

Inc

3,230,080‌

46,000

Inspur

Electronic

Information

Industry

Co

Ltd

166,052‌

24,480

Intco

Medical

Technology

Co

Ltd

83,651‌

262,167

*,e

IQIYI,

Inc

(ADR)

1,001,478‌

97,160

JA

Solar

Technology

Co

Ltd

1,122,175‌

30,740

Jafron

Biomedical

Co

Ltd

202,242‌

23,660

Jason

Furniture

Hangzhou

Co

Ltd

162,389‌

838,999

*,g

JD

Health

International,

Inc

6,363,831‌

1,499,095

JD.com,

Inc

44,721,819‌

183,800

Jiangsu

Eastern

Shenghong

Co

Ltd

539,083‌

1,108,000

Jiangsu

Express

966,910‌

42,356

Jiangsu

Hengli

Hydraulic

Co

Ltd

327,937‌

353,319

Jiangsu

Hengrui

Medicine

Co

Ltd

1,853,286‌

220

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

CHINA—continued

54,400

Jiangsu

King's

Luck

Brewery

JSC

Ltd

$

353,720‌

72,700

Jiangsu

Yanghe

Brewery

Joint-Stock

Co

Ltd

1,784,603‌

8,500

Jiangsu

Yangnong

Chemical

Co

Ltd

145,204‌

13,600

Jiangsu

Yoke

Technology

Co

Ltd

102,640‌

26,000

Jiangsu

Yuyue

Medical

Equipment

&

Supply

Co

Ltd

104,058‌

128,200

Jiangsu

Zhongtian

Technology

Co

Ltd

438,826‌

933,000

Jiangxi

Copper

Co

Ltd

1,142,926‌

100,300

Jiangxi

Copper

Co

Ltd

(Class

A)

251,596‌

68,300

*

Jiangxi

Special

Electric

Motor

Co

Ltd

248,780‌

289,400

Jiangxi

Zhengbang

Technology

Co

Ltd

261,209‌

430,100

Jinke

Properties

Group

Co

Ltd

167,395‌

1,174,000

g

Jinxin

Fertility

Group

Ltd

912,192‌

13,800

JiuGui

Liquor

Co

Ltd

302,377‌

628,000

e,g

Jiumaojiu

International

Holdings

Ltd

1,366,453‌

266,200

Jizhong

Energy

Resources

Co

Ltd

265,931‌

49,000

Joincare

Pharmaceutical

Group

Industry

Co

Ltd

80,281‌

12,440

Joinn

Laboratories

China

Co

Ltd

204,636‌

68,726

Jointown

Pharmaceutical

Group

Co

Ltd

115,722‌

51,500

Jonjee

Hi-Tech

Industrial

And

Commercial

Holding

Co

Ltd

265,575‌

41,604

JOYY,

Inc

(ADR)

1,077,128‌

30,900

Juewei

Food

Co

Ltd

239,977‌

66,800

*

Kanzhun

Ltd

(ADR)

1,570,468‌

240,994

*

KE

Holdings,

Inc

(ADR)

3,400,425‌

73,400

Keda

Industrial

Group

Co

Ltd

219,081‌

535,381

Kingboard

Chemical

Holdings

Ltd

1,566,368‌

1,940,000

*

Kingdee

International

Software

Group

Co

Ltd

4,188,696‌

104,200

Kingfa

Sci

&

Tech

Co

Ltd

156,171‌

735,400

Kingsoft

Corp

Ltd

2,455,470‌

1,307,501

*,g

Kuaishou

Technology

13,146,194‌

98,000

*

Kuang-Chi

Technologies

Co

Ltd

262,029‌

56,643

Kweichow

Moutai

Co

Ltd

15,959,232‌

5,417,856

Lenovo

Group

Ltd

5,254,208‌

202,900

Lens

Technology

Co

Ltd

328,829‌

50,700

Lepu

Medical

Technology

Beijing

Co

Ltd

134,972‌

409,059

*

Li

Auto,

Inc

(ADR)

13,433,498‌

1,759,000

Li

Ning

Co

Ltd

14,268,359‌

216,700

Lingyi

iTech

Guangdong

Co

165,631‌

22,100

Livzon

Pharmaceutical

Group,

Inc

104,204‌

696,000

†,e

Logan

Property

Holdings

Co

Ltd

193,287‌

139,300

Lomon

Billions

Group

Co

Ltd

421,352‌

1,389,500

g

Longfor

Properties

Co

Ltd

4,642,829‌

332,624

LONGi

Green

Energy

Technology

Co

Ltd

3,047,600‌

631,738

Lufax

Holding

Ltd

(ADR)

2,893,360‌

11,220

Luoyang

Xinqianglian

Slewing

Bearing

Co

Ltd

160,837‌

128,700

Luxi

Chemical

Group

Co

Ltd

269,393‌

287,653

Luxshare

Precision

Industry

Co

Ltd

1,450,849‌

64,400

Luzhou

Laojiao

Co

Ltd

2,126,138‌

312,200

Maanshan

Iron

&

Steel

Co

Ltd

(Class

A)

145,355‌

66,770

Mango

Excellent

Media

Co

Ltd

311,566‌

20,320

Maxscend

Microelectronics

Co

Ltd

290,803‌

216,928

*

Meinian

Onehealth

Healthcare

Holdings

Co

Ltd

163,210‌

3,060,199

*,g

Meituan

Dianping

(Class

B)

68,650,512‌

704,000

Metallurgical

Corp

of

China

Ltd

340,614‌

489,300

e

Microport

Scientific

Corp

1,153,689‌

75,700

Ming

Yang

Smart

Energy

Group

Ltd

337,091‌

639,623

e

Ming

Yuan

Cloud

Group

Holdings

Ltd

587,222‌

574,000

Minth

Group

Ltd

1,534,439‌

1,928,000

*

MMG

Ltd

570,306‌

64,976

Montage

Technology

Co

Ltd

552,999‌

230,884

Muyuan

Foodstuff

Co

Ltd

2,048,022‌

100,594

Nanjing

King-Friend

Biochemical

Pharmaceutical

Co

Ltd

279,295‌

124,500

Nanjing

Securities

Co

Ltd

147,768‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

221

SHARES

COMPANY

VALUE

CHINA—continued

299,856

NARI

Technology

Co

Ltd

$

1,301,125‌

165,096

*

National

Silicon

Industry

Group

Co

Ltd

496,210‌

20,300

NAURA

Technology

Group

Co

Ltd

766,965‌

124,400

NavInfo

Co

Ltd

258,321‌

1,553,501

NetEase,

Inc

29,060,969‌

104,200

New

China

Life

Insurance

Co

Ltd

-

A

449,271‌

738,500

New

China

Life

insurance

Co

Ltd

-

H

1,759,865‌

264,900

*

New

Hope

Liuhe

Co

Ltd

626,507‌

1,325,550

*

New

Oriental

Education

&

Technology

Group,

Inc

3,633,793‌

78,600

Ninestar

Corp

586,309‌

8,300

Ningbo

Deye

Technology

Co

Ltd

413,230‌

105,200

Ningbo

Joyson

Electronic

Corp

337,642‌

24,000

Ningbo

Orient

Wires

&

Cables

Co

Ltd

285,087‌

19,852

Ningbo

Ronbay

New

Energy

Technology

Co

Ltd

410,648‌

95,200

Ningbo

Shanshan

Co

Ltd

401,453‌

47,800

Ningbo

Tuopu

Group

Co

Ltd

657,206‌

256,800

Ningxia

Baofeng

Energy

Group

Co

Ltd

513,623‌

985,334

*

NIO,

Inc

(ADR)

19,440,640‌

1,335,400

g

Nongfu

Spring

Co

Ltd

8,003,302‌

76,700

North

Industries

Group

Red

Arrow

Co

Ltd

373,972‌

266,500

Northeast

Securities

Co

Ltd

274,899‌

207,326

Offshore

Oil

Engineering

Co

Ltd

130,112‌

132,800

OFILM

Group

Co

Ltd

119,440‌

16,240

Oppein

Home

Group,

Inc

290,398‌

295,680

Orient

Securities

Co

Ltd

380,572‌

27,600

Ovctek

China,

Inc

195,766‌

384,500

*

Pangang

Group

Vanadium

Titanium

&

Resources

Co

Ltd

423,230‌

7,401,220

People's

Insurance

Co

Group

of

China

Ltd

2,215,974‌

401,000

People's

Insurance

Co

Group

of

China

Ltd

(Class

A)

277,734‌

96,150

Perfect

World

Co

Ltd

212,734‌

37,200

Pharmaron

Beijing

Co

Ltd

-

A

427,974‌

146,700

g

Pharmaron

Beijing

Co

Ltd

-

H

1,193,487‌

5,350,306

PICC

Property

&

Casualty

Co

Ltd

5,492,044‌

328,528

*

Pinduoduo,

Inc

(ADR)

16,101,157‌

842,500

Ping

An

Bank

Co

Ltd

1,588,511‌

359,500

*,e,g

Ping

An

Healthcare

and

Technology

Co

Ltd

938,940‌

4,777,526

Ping

An

Insurance

Group

Co

of

China

Ltd

28,077,705‌

491,700

Ping

An

Insurance

Group

Co

of

China

Ltd

(Class

A)

3,077,781‌

162,400

Pingdingshan

Tianan

Coal

Mining

Co

Ltd

288,295‌

623,100

Poly

Real

Estate

Group

Co

Ltd

1,541,173‌

403,875

e,g

Pop

Mart

International

Group

Ltd

923,453‌

1,447,278

Postal

Savings

Bank

of

China

Co

Ltd

-

A

1,008,718‌

5,906,000

e,g

Postal

Savings

Bank

of

China

Co

Ltd

-

H

3,907,553‌

715,600

Power

Construction

Corp

of

China

Ltd

771,104‌

7,280

Proya

Cosmetics

Co

Ltd

190,557‌

503,400

Qingdao

Rural

Commercial

Bank

Corp

231,937‌

66,048

Raytron

Technology

Co

Ltd

372,827‌

31,300

Riyue

Heavy

Industry

Co

Ltd

116,612‌

458,325

*,e

RLX

Technology,

Inc

(ADR)

742,487‌

465,500

Rongsheng

Petro

Chemical

Co

Ltd

989,137‌

356,400

SAIC

Motor

Corp

Ltd

858,428‌

74,800

Sailun

Group

Co

Ltd

131,991‌

13,000

Sangfor

Technologies,

Inc

186,274‌

902,000

Sany

Heavy

Equipment

International

981,555‌

318,100

Sany

Heavy

Industry

Co

Ltd

805,033‌

320,923

SDIC

Power

Holdings

Co

Ltd

492,462‌

368,160

Sealand

Securities

Co

Ltd

189,902‌

1,662,000

Seazen

Group

Ltd

569,571‌

111,100

Seazen

Holdings

Co

Ltd

345,271‌

203,600

SF

Holding

Co

Ltd

1,508,224‌

13,575

SG

Micro

Corp

324,697‌

495,671

Shaanxi

Coal

Industry

Co

Ltd

1,405,966‌

181,900

Shan

XI

Hua

Yang

Group

New

Energy

Co

Ltd

576,349‌

73,690

Shandong

Buchang

Pharmaceuticals

Co

Ltd

207,379‌

222

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

CHINA—continued

200,845

Shandong

Gold

Mining

Co

Ltd

-

A

$

545,501‌

753,250

e,g

Shandong

Gold

Mining

Co

Ltd

-

H

1,311,618‌

117,100

Shandong

Hualu

Hengsheng

Chemical

Co

Ltd

496,796‌

44,800

Shandong

Linglong

Tyre

Co

Ltd

191,303‌

673,600

Shandong

Nanshan

Aluminum

Co

Ltd

350,691‌

62,300

Shandong

Sun

Paper

Industry

JSC

Ltd

108,693‌

1,863,790

Shandong

Weigao

Group

Medical

Polymer

Co

Ltd

2,331,341‌

30,380

Shanghai

Bairun

Investment

Holding

Group

Co

Ltd

121,967‌

62,790

Shanghai

Baosight

Software

Co

Ltd

375,310‌

436,085

Shanghai

Baosight

Software

Co

Ltd

1,462,870‌

421,400

Shanghai

Construction

Group

Co

Ltd

183,326‌

457,900

Shanghai

Electric

Group

Co

Ltd

302,608‌

80,800

Shanghai

Fosun

Pharmaceutical

Group

Co

Ltd

-

A

526,394‌

383,985

Shanghai

Fosun

Pharmaceutical

Group

Co

Ltd

-

H

1,391,540‌

2,991

Shanghai

Friendess

Electronic

Technology

Corp

Ltd

110,012‌

72,400

*

Shanghai

International

Airport

Co

Ltd

554,868‌

451,300

Shanghai

International

Port

Group

Co

Ltd

367,606‌

56,400

Shanghai

Jinjiang

International

Hotels

Development

Co

Ltd

518,074‌

47,210

*

Shanghai

Junshi

Biosciences

Co

Ltd

430,182‌

38,520

Shanghai

Lingang

Holdings

Corp

Ltd

69,741‌

1,038,379

Shanghai

Lujiazui

Finance

&

Trade

Zone

Development

Co

Ltd

913,171‌

20,600

Shanghai

M&G

Stationery,

Inc

138,873‌

3,386

Shanghai

Medicilon,

Inc

165,942‌

137,200

Shanghai

Pharmaceuticals

Holding

Co

Ltd

-

A

350,118‌

586,141

Shanghai

Pharmaceuticals

Holding

Co

Ltd

-

H

882,678‌

1,311,200

Shanghai

Pudong

Development

Bank

Co

Ltd

1,414,033‌

68,540

Shanghai

Putailai

New

Energy

Technology

Co

Ltd

721,211‌

186,000

Shanghai

RAAS

Blood

Products

Co

Ltd

159,447‌

228,100

Shanghai

Yuyuan

Tourist

Mart

Group

Co

Ltd

282,820‌

48,800

Shanghai

Zhangjiang

High-Tech

Park

Development

Co

Ltd

84,311‌

204,600

Shanxi

Lu'an

Environmental

Energy

Development

Co

Ltd

418,320‌

237,700

Shanxi

Meijin

Energy

Co

Ltd

401,937‌

173,160

Shanxi

Securities

Co

Ltd

140,406‌

281,100

Shanxi

Taigang

Stainless

Steel

Co

Ltd

206,949‌

53,220

Shanxi

Xinghuacun

Fen

Wine

Factory

Co

Ltd

2,165,943‌

221,270

Shanxi

Xishan

Coal

&

Electricity

Power

Co

Ltd

385,022‌

175,800

Shenghe

Resources

Holding

Co

Ltd

542,476‌

161,300

Shengyi

Technology

Co

Ltd

380,968‌

11,760

Shennan

Circuits

Co

Ltd

151,523‌

755,000

Shenwan

Hongyuan

Group

Co

Ltd

463,645‌

30,780

Shenzhen

Capchem

Technology

Co

Ltd

203,185‌

8,300

Shenzhen

Dynanonic

Co

Ltd

442,408‌

216,600

Shenzhen

Energy

Group

Co

Ltd

205,863‌

108,550

Shenzhen

Inovance

Technology

Co

Ltd

1,066,180‌

1,081,738

Shenzhen

International

Holdings

Ltd

996,380‌

37,920

Shenzhen

Kangtai

Biological

Products

Co

Ltd

188,012‌

8,900

Shenzhen

Kedali

Industry

Co

Ltd

191,921‌

54,500

Shenzhen

Mindray

Bio-Medical

Electronics

Co

Ltd

2,345,949‌

25,400

Shenzhen

New

Industries

Biomedical

Engineering

Co

Ltd

151,951‌

392,100

Shenzhen

Overseas

Chinese

Town

Co

Ltd

325,580‌

50,500

Shenzhen

Salubris

Pharmaceuticals

Co

Ltd

180,191‌

15,400

Shenzhen

SC

New

Energy

Technology

Corp

305,246‌

50,045

Shenzhen

Senior

Technology

Material

Co

Ltd

212,477‌

26,400

Shenzhen

Sunlord

Electronics

Co

Ltd

96,705‌

25,428

Shenzhen

Transsion

Holdings

Co

Ltd

268,178‌

621,200

Shenzhou

International

Group

Holdings

Ltd

6,533,881‌

59,780

Shijiazhuang

Yiling

Pharmaceutical

Co

Ltd

196,895‌

1,109,000

†,e

Shimao

Property

Holdings

Ltd

466,210‌

142,373

Sichuan

Chuantou

Energy

Co

Ltd

263,729‌

479,100

Sichuan

Hebang

Biotechnology

Co

Ltd

276,285‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

223

SHARES

COMPANY

VALUE

CHINA—continued

132,500

Sichuan

Kelun

Pharmaceutical

Co

Ltd

$

433,399‌

51,400

*

Sichuan

New

Energy

Power

Co

Ltd

179,237‌

300,600

Sichuan

Road

&

Bridge

Co

Ltd

451,505‌

21,100

Sichuan

Swellfun

Co

Ltd

223,822‌

49,000

Sichuan

Yahua

Industrial

Group

Co

Ltd

212,596‌

31,900

Sieyuan

Electric

Co

Ltd

210,013‌

235,000

Silergy

Corp

4,397,876‌

82,200

Sinolink

Securities

Co

Ltd

103,803‌

70,800

Sinoma

Science

&

Technology

Co

Ltd

304,085‌

21,000

Sinomine

Resource

Group

Co

Ltd

280,239‌

514,583

Sinopec

Shanghai

Petrochemical

Co

Ltd

(Class

A)

234,311‌

1,030,400

Sinopharm

Group

Co

2,360,838‌

308,700

Sinotrans

Ltd

(Class

A)

172,698‌

562,245

Sinotruk

Hong

Kong

Ltd

664,357‌

18,560

Skshu

Paint

Co

Ltd

292,303‌

1,350,000

e,g

Smoore

International

Holdings

Ltd

3,117,722‌

105,560

Songcheng

Performance

Development

Co

Ltd

200,791‌

261,456

SooChow

Securities

Co

Ltd

256,557‌

131,200

Southwest

Securities

Co

Ltd

74,506‌

12,069

StarPower

Semiconductor

Ltd

699,330‌

2,902,031

†,e

Sunac

China

Holdings

Ltd

846,591‌

57,900

Sungrow

Power

Supply

Co

Ltd

1,067,034‌

534,517

Sunny

Optical

Technology

Group

Co

Ltd

7,231,266‌

78,000

Sunwoda

Electronic

Co

Ltd

333,279‌

128,000

Suzhou

Dongshan

Precision

Manufacturing

Co

Ltd

508,325‌

7,840

Suzhou

Maxwell

Technologies

Co

Ltd

551,407‌

24,300

Suzhou

TA&A

Ultra

Clean

Technology

Co

Ltd

281,833‌

337,232

*

TAL

Education

Group

(ADR)

1,659,181‌

200,900

Tangshan

Jidong

Cement

Co

Ltd

288,172‌

191,900

TBEA

Co

Ltd

712,756‌

757,900

TCL

Technology

Group

Corp

500,222‌

4,664,344

Tencent

Holdings

Ltd

180,271,351‌

535,300

*

Tencent

Music

Entertainment

(ADR)

2,253,613‌

12,000

Thunder

Software

Technology

Co

Ltd

254,018‌

23,300

Tianjin

712

Communication

&

Broadcasting

Co

Ltd

106,874‌

149,000

Tianjin

Zhonghuan

Semiconductor

Co

Ltd

1,126,565‌

72,100

Tianma

Microelectronics

Co

Ltd

104,220‌

184,400

Tianshan

Aluminum

Group

Co

Ltd

200,047‌

86,500

Tianshui

Huatian

Technology

Co

Ltd

113,952‌

48,943

Tibet

Summit

Resources

Co

Ltd

209,095‌

1,586,000

Tingyi

Cayman

Islands

Holding

Corp

2,610,853‌

87,700

Titan

Wind

Energy

Suzhou

Co

Ltd

232,197‌

91,364

Toly

Bread

Co

Ltd

190,361‌

882,800

*

Tongcheng-Elong

Holdings

Ltd

1,687,570‌

36,000

TongFu

Microelectronics

Co

Ltd

88,356‌

122,000

Tongkun

Group

Co

Ltd

261,627‌

432,900

Tongling

Nonferrous

Metals

Group

Co

Ltd

195,219‌

195,192

Tongwei

Co

Ltd

1,561,000‌

11,000

*

Topchoice

Medical

Corp

239,811‌

1,465,000

g

Topsports

International

Holdings

Ltd

1,221,971‌

297,700

Transfar

Zhilian

Co

Ltd

253,393‌

759,661

Travelsky

Technology

Ltd

1,259,010‌

94,675

Trina

Solar

Co

Ltd

1,170,423‌

407,945

*

Trip.com

Group

Ltd

(ADR)

10,516,822‌

476,000

Tsingtao

Brewery

Co

Ltd

4,649,610‌

30,800

Tsingtao

Brewery

Co

Ltd

(Class

A)

450,982‌

21,000

Unigroup

Guoxin

Microelectronics

Co

Ltd

658,244‌

1,090,000

Uni-President

China

Holdings

Ltd

997,091‌

109,480

Unisplendour

Corp

Ltd

302,228‌

347,624

*

Vipshop

Holdings

Ltd

(ADR)

3,184,236‌

67,400

Walvax

Biotechnology

Co

Ltd

435,099‌

135,600

Wanhua

Chemical

Group

Co

Ltd

1,687,409‌

3,694,587

Want

Want

China

Holdings

Ltd

3,006,802‌

51,272

*

Weibo

Corp

(ADR)

985,448‌

224

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

CHINA—continued

1,476,800

Weichai

Power

Co

Ltd

$

2,111,365‌

277,000

Weichai

Power

Co

Ltd

(Class

A)

492,864‌

26,200

Weihai

Guangwei

Composites

Co

Ltd

273,030‌

322,360

*

Wens

Foodstuffs

Group

Co

Ltd

1,151,734‌

470,300

Western

Securities

Co

Ltd

444,924‌

17,618

Western

Superconducting

Technologies

Co

Ltd

261,915‌

912,288

Wharf

Holdings

Ltd

3,336,141‌

47,790

Will

Semiconductor

Ltd

748,317‌

50,200

Wingtech

Technology

Co

Ltd

512,471‌

77,860

Winning

Health

Technology

Group

Co

Ltd

91,712‌

2,026,000

Winteam

Pharmaceutical

Group

Ltd

860,075‌

221,200

Wuchan

Zhongda

Group

Co

Ltd

157,796‌

96,745

Wuhan

Guide

Infrared

Co

Ltd

178,798‌

84,800

Wuhu

Shunrong

Sanqi

Interactive

Entertainment

Network

Technology

Co

Ltd

246,512‌

173,000

Wuliangye

Yibin

Co

Ltd

4,587,697‌

48,290

WUS

Printed

Circuit

Kunshan

Co

Ltd

86,962‌

112,404

WuXi

AppTec

Co

Ltd

-

A

1,558,343‌

266,677

g

WuXi

AppTec

Co

Ltd

-

H

3,230,573‌

2,678,301

*,g

Wuxi

Biologics

Cayman,

Inc

25,637,002‌

16,240

Wuxi

Shangji

Automation

Co

Ltd

394,615‌

293,200

XCMG

Construction

Machinery

Co

Ltd

243,750‌

125,536

Xiamen

C

&

D,

Inc

209,364‌

9,000

Xiamen

Faratronic

Co

Ltd

279,312‌

23,800

Xiamen

Intretech,

Inc

71,114‌

47,100

Xiamen

Tungsten

Co

Ltd

188,198‌

11,452,236

*,g

Xiaomi

Corp

18,011,908‌

158,100

Xinjiang

Goldwind

Science

&

Technology

Co

Ltd

-

A

351,017‌

589,600

Xinjiang

Goldwind

Science

&

Technology

Co

Ltd

-

H

1,053,319‌

133,200

Xinjiang

Zhongtai

Chemical

Co

Ltd

146,472‌

3,669,780

Xinyi

Solar

Holdings

Ltd

6,234,260‌

320,198

*

XPeng,

Inc

(ADR)

7,822,437‌

1,024,234

e

XTEP

International

Holdings

1,665,685‌

868,000

g

Yadea

Group

Holdings

Ltd

1,871,958‌

20,400

Yangzhou

Yangjie

Electronic

Technology

Co

Ltd

189,801‌

109,900

Yantai

Jereh

Oilfield

Services

Group

Co

Ltd

586,271‌

1,148,464

e

Yanzhou

Coal

Mining

Co

Ltd

3,588,732‌

148,900

Yanzhou

Coal

Mining

Co

Ltd

(Class

A)

810,401‌

32,667

Yealink

Network

Technology

Corp

Ltd

368,450‌

17,108

Yifeng

Pharmacy

Chain

Co

Ltd

131,536‌

368,000

e

Yihai

International

Holding

Ltd

1,077,971‌

71,500

Yihai

Kerry

Arawana

Holdings

Co

Ltd

486,815‌

71,120

Yintai

Gold

Co

Ltd

114,687‌

18,100

YongXing

Special

Materials

Technology

Co

Ltd

385,263‌

224,999

Yonyou

Network

Technology

Co

Ltd

698,126‌

26,500

*

Youngy

Co

Ltd

515,405‌

105,800

YTO

Express

Group

Co

Ltd

303,739‌

38,100

*

Yuan

Longping

High-tech

Agriculture

Co

Ltd

84,425‌

1,137,227

Yuexiu

Property

Co

Ltd

1,420,752‌

321,614

Yum

China

Holdings,

Inc

15,665,818‌

191,710

Yunda

Holding

Co

Ltd

515,337‌

165,300

Yunnan

Aluminium

Co

Ltd

247,045‌

67,060

Yunnan

Baiyao

Group

Co

Ltd

549,480‌

10,500

Yunnan

Botanee

Bio-Technology

Group

Co

Ltd

302,828‌

37,400

Yunnan

Energy

New

Material

Co

Ltd

1,188,914‌

68,500

Yunnan

Tin

Co

Ltd

153,146‌

64,985

*

Zai

Lab

Ltd

(ADR)

2,633,842‌

26,695

Zhangzhou

Pientzehuang

Pharmaceutical

Co

Ltd

1,173,344‌

907,141

e

Zhaojin

Mining

Industry

Co

Ltd

866,467‌

133,200

Zhefu

Holding

Group

Co

Ltd

93,201‌

384,700

*

Zhejiang

Century

Huatong

Group

Co

Ltd

256,351‌

169,700

Zhejiang

China

Commodities

City

Group

Co

Ltd

133,455‌

80,916

Zhejiang

Chint

Electrics

Co

Ltd

441,625‌

122,400

Zhejiang

Dahua

Technology

Co

Ltd

269,473‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

225

SHARES

COMPANY

VALUE

CHINA—continued

30,420

Zhejiang

Dingli

Machinery

Co

Ltd

$

193,344‌

1,060,414

Zhejiang

Expressway

Co

Ltd

853,497‌

52,253

Zhejiang

HangKe

Technology,

Inc

Co

580,712‌

146,330

Zhejiang

Huahai

Pharmaceutical

Co

Ltd

443,835‌

68,828

Zhejiang

Huayou

Cobalt

Co

Ltd

862,091‌

53,700

Zhejiang

Jingsheng

Mechanical

&

Electrical

Co

Ltd

583,963‌

39,600

Zhejiang

Jiuzhou

Pharmaceutical

Co

Ltd

276,006‌

106,800

Zhejiang

Juhua

Co

Ltd

274,632‌

134,164

Zhejiang

NHU

Co

Ltd

410,743‌

14,493

Zhejiang

Orient

Gene

Biotech

Co

Ltd

244,227‌

95,565

Zhejiang

Satellite

Petrochemical

Co

Ltd

321,757‌

242,400

Zhejiang

Semir

Garment

Co

Ltd

192,049‌

12,900

Zhejiang

Supor

Co

Ltd

89,927‌

58,370

Zhejiang

Weiming

Environment

Protection

Co

Ltd

254,758‌

118,900

Zhejiang

Weixing

New

Building

Materials

Co

Ltd

347,376‌

13,200

Zhejiang

Wolwo

Bio-Pharmaceutical

Co

Ltd

89,573‌

68,500

Zhejiang

Yongtai

Technology

Co

Ltd

313,154‌

201,800

Zheshang

Securities

Co

Ltd

321,054‌

566,150

*,e,g

ZhongAn

Online

P&C

Insurance

Co

Ltd

1,437,577‌

14,000

Zhongji

Innolight

Co

Ltd

68,220‌

458,500

Zhongsheng

Group

Holdings

Ltd

2,624,882‌

301,900

Zhongtai

Securities

Co

Ltd

327,239‌

27,531

Zhuzhou

CRRC

Times

Electric

Co

Ltd

226,302‌

434,700

Zhuzhou

CSR

Times

Electric

Co

Ltd

1,866,755‌

45,300

Zhuzhou

Hongda

Electronics

Corp

Ltd

352,044‌

140,900

Zhuzhou

Kibing

Group

Co

Ltd

239,903‌

126,700

Zibo

Qixiang

Tengda

Chemical

Co

Ltd

141,600‌

4,339,299

Zijin

Mining

Group

Co

Ltd

5,084,839‌

952,300

Zijin

Mining

Group

Co

Ltd

(Class

A)

1,264,146‌

628,800

Zoomlion

Heavy

Industry

Science

and

Technology

Co

Ltd

-

A

574,014‌

1,313,400

Zoomlion

Heavy

Industry

Science

and

Technology

Co

Ltd

-

H

682,843‌

177,500

ZTE

Corp

644,514‌

600,464

ZTE

Corp

(Class

H)

1,292,163‌

319,022

ZTO

Express

Cayman,

Inc

(ADR)

8,163,773‌

TOTAL

CHINA

1,531,350,506‌

COLOMBIA

-

0

.2

%

189,418

BanColombia

S.A.

1,590,192‌

302,618

BanColombia

S.A.

(Preference)

2,232,046‌

4,749,437

Ecopetrol

S.A.

2,525,943‌

347,473

Interconexion

Electrica

S.A.

1,669,686‌

TOTAL

COLOMBIA

8,017,867‌

CZECH

REPUBLIC

-

0

.2

%

120,099

CEZ

AS

5,457,682‌

66,538

Komercni

Banka

AS

1,681,177‌

247,245

g

Moneta

Money

Bank

AS

823,330‌

TOTAL

CZECH

REPUBLIC

7,962,189‌

EGYPT

-

0

.1

%

1,285,216

Commercial

International

Bank

2,577,713‌

518,867

Eastern

Tobacco

270,121‌

427,015

*

Egyptian

Financial

Group-Hermes

Holding

258,646‌

1,108,326

*

Fawry

for

Banking

&

Payment

Technology

Services

SAE

183,354‌

TOTAL

EGYPT

3,289,834‌

GREECE

-

0

.3

%

1,648,533

*

Alpha

Bank

AE

1,465,272‌

1,847,734

*

Eurobank

Ergasias

S.A.

1,702,082‌

12,741

*,†

FF

Group

130‌

170,576

Hellenic

Telecommunications

Organization

S.A.

2,936,969‌

86,097

JUMBO

S.A.

1,334,915‌

226

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

GREECE—continued

58,730

Mytilineos

Holdings

S.A.

$

908,361‌

432,944

*

National

Bank

of

Greece

S.A.

1,356,328‌

143,766

OPAP

S.A.

1,991,779‌

158,783

*

Public

Power

Corp

941,915‌

TOTAL

GREECE

12,637,751‌

HONG

KONG

-

0

.2

%

8,921,652

*

Alibaba

Pictures

Group

Ltd

761,258‌

798,151

Kingboard

Laminates

Holdings

Ltd

731,492‌

1,234,000

Nine

Dragons

Paper

Holdings

Ltd

1,017,734‌

98,906

Orient

Overseas

International

Ltd

3,446,945‌

7,747,331

Sino

Biopharmaceutical

4,491,459‌

295,000

e

Vinda

International

Holdings

Ltd

783,545‌

TOTAL

HONG

KONG

11,232,433‌

HUNGARY

-

0

.2

%

428,319

MOL

Hungarian

Oil

&

Gas

plc

3,153,467‌

142,523

OTP

Bank

2,942,299‌

84,247

Richter

Gedeon

Rt

1,723,293‌

TOTAL

HUNGARY

7,819,059‌

INDIA

-

13

.7

%

205,150

Adani

Enterprises

Ltd

6,674,909‌

203,990

Adani

Gas

Ltd

8,069,562‌

231,197

*

Adani

Green

Energy

Ltd

6,372,374‌

393,127

Adani

Ports

&

Special

Economic

Zone

Ltd

3,799,860‌

587,912

*

Adani

Power

Ltd

2,345,059‌

203,946

*

Adani

Transmissions

Ltd

8,037,970‌

451,980

Ambuja

Cements

Ltd

2,143,880‌

76,191

Apollo

Hospitals

Enterprise

Ltd

4,066,423‌

287,552

Asian

Paints

Ltd

12,147,587‌

47,193

Associated

Cement

Co

Ltd

1,331,086‌

132,093

g

AU

Small

Finance

Bank

Ltd

991,318‌

208,622

Aurobindo

Pharma

Ltd

1,442,976‌

120,817

*,g

Avenue

Supermarts

Ltd

6,498,239‌

1,697,766

Axis

Bank

Ltd

15,598,724‌

200,321

Bajaj

Finance

Ltd

18,334,475‌

28,102

Bajaj

Finserv

Ltd

5,366,317‌

51,479

Bajaj

Holdings

and

Investment

Ltd

2,548,896‌

61,563

Balkrishna

Industries

Ltd

1,803,407‌

533,325

g

Bandhan

Bank

Ltd

1,868,322‌

184,393

Berger

Paints

India

Ltd

1,459,701‌

919,315

Bharat

Electronics

Ltd

3,197,961‌

165,260

Bharat

Forge

Ltd

1,531,794‌

709,607

Bharat

Petroleum

Corp

Ltd

2,965,016‌

1,649,878

*

Bharti

Airtel

Ltd

14,148,099‌

262,148

Biocon

Ltd

1,018,826‌

81,348

Britannia

Industries

Ltd

4,012,631‌

287,889

Cholamandalam

Investment

and

Finance

Co

Ltd

2,557,579‌

367,204

Cipla

Ltd

4,539,282‌

1,280,401

Coal

India

Ltd

3,420,428‌

93,913

Colgate-Palmolive

India

Ltd

1,883,417‌

216,954

Container

Corp

Of

India

Ltd

1,956,731‌

468,468

Dabur

India

Ltd

3,460,543‌

98,918

Divi

S

Laboratories

Ltd

4,798,490‌

506,745

DLF

Ltd

2,479,780‌

86,340

Dr

Reddy's

Laboratories

Ltd

4,467,588‌

100,073

Eicher

Motors

Ltd

3,920,555‌

1,339,606

GAIL

India

Ltd

2,483,476‌

304,831

*

Godrej

Consumer

Products

Ltd

3,291,917‌

97,718

*

Godrej

Properties

Ltd

1,866,795‌

192,850

Grasim

Industries

Ltd

3,844,673‌

192,809

Havells

India

Ltd

3,050,867‌

812,287

HCL

Technologies

Ltd

9,768,566‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

227

SHARES

COMPANY

VALUE

INDIA—continued

709,149

g

HDFC

Life

Insurance

Co

Ltd

$

4,984,462‌

83,922

Hero

Honda

Motors

Ltd

2,996,260‌

1,031,185

Hindalco

Industries

Ltd

5,427,362‌

615,056

Hindustan

Lever

Ltd

20,547,077‌

507,518

Hindustan

Petroleum

Corp

Ltd

1,547,627‌

1,289,848

Housing

Development

Finance

Corp

38,924,793‌

3,855,938

ICICI

Bank

Ltd

40,104,667‌

163,221

g

ICICI

Lombard

General

Insurance

Co

Ltd

2,519,726‌

212,607

g

ICICI

Prudential

Life

Insurance

Co

Ltd

1,490,715‌

2,634,902

Indian

Oil

Corp

Ltd

2,430,254‌

183,801

Indian

Railway

Catering

&

Tourism

Corp

Ltd

1,486,759‌

215,278

Indraprastha

Gas

Ltd

943,531‌

544,052

Indus

Towers

Ltd

1,532,591‌

55,039

Info

Edge

India

Ltd

3,024,168‌

2,519,973

Infosys

Technologies

Ltd

49,432,349‌

71,179

*,g

InterGlobe

Aviation

Ltd

1,687,816‌

2,273,299

ITC

Ltd

8,717,897‌

300,528

Jindal

Steel

&

Power

Ltd

1,478,417‌

542,021

JSW

Steel

Ltd

4,317,329‌

307,659

Jubilant

Foodworks

Ltd

2,147,762‌

417,206

Kotak

Mahindra

Bank

Ltd

9,581,507‌

39,892

g

Larsen

&

Toubro

Infotech

Ltd

2,394,449‌

517,945

Larsen

&

Toubro

Ltd

11,870,669‌

152,631

Lupin

Ltd

1,243,268‌

649,716

Mahindra

&

Mahindra

Ltd

9,586,563‌

402,469

Marico

Ltd

2,638,145‌

90,454

Maruti

Suzuki

India

Ltd

10,065,649‌

48,738

MindTree

Ltd

2,111,392‌

1,016,030

Motherson

Sumi

Systems

Ltd

1,639,907‌

65,320

Mphasis

Ltd

1,905,144‌

1,416

MRF

Ltd

1,500,905‌

78,423

Muthoot

Finance

Ltd

1,058,476‌

25,261

Nestle

India

Ltd

6,186,308‌

2,961,107

NTPC

Ltd

5,726,706‌

4,719

Page

Industries

Ltd

2,918,390‌

631,464

Petronet

LNG

Ltd

1,757,480‌

53,327

PI

Industries

Ltd

2,085,285‌

115,334

Pidilite

Industries

Ltd

3,577,929‌

86,163

Piramal

Healthcare

Ltd

1,933,632‌

2,401,480

Power

Grid

Corp

of

India

Ltd

6,503,353‌

2,276,916

Reliance

Industries

Ltd

72,415,773‌

171,615

SBI

Cards

&

Payment

Services

Ltd

2,041,255‌

304,755

g

SBI

Life

Insurance

Co

Ltd

4,992,377‌

672,014

Sesa

Sterlite

Ltd

2,164,457‌

7,854

Shree

Cement

Ltd

2,038,500‌

144,651

Shriram

Transport

Finance

Co

Ltd

2,531,993‌

39,938

Siemens

India

Ltd

1,361,276‌

111,488

SRF

Ltd

3,432,312‌

1,345,112

State

Bank

of

India

9,013,694‌

723,923

Sun

Pharmaceutical

Industries

Ltd

8,634,382‌

695,627

Tata

Consultancy

Services

Ltd

29,097,229‌

25,737

Tata

Elxsi

Ltd

2,837,021‌

1,250,283

*

Tata

Motors

Ltd

7,133,733‌

1,136,314

Tata

Power

Co

Ltd

3,198,928‌

5,465,330

*

Tata

Steel

Ltd

7,438,680‌

410,294

Tata

Tea

Ltd

4,213,012‌

440,605

Tech

Mahindra

Ltd

5,858,908‌

260,226

Titan

Industries

Ltd

7,749,970‌

53,754

Torrent

Pharmaceuticals

Ltd

1,039,571‌

130,018

Trent

Ltd

2,089,311‌

76,530

Ultra

Tech

Cement

Ltd

6,343,432‌

204,083

*

United

Spirits

Ltd

2,011,206‌

372,747

UPL

Ltd

3,496,940‌

1,031,251

Wipro

Ltd

5,502,559‌

228

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

INDIA—continued

8,230,792

*

Yes

Bank

Ltd

$

1,556,885‌

1,204,190

*

Zomato

Ltd

715,759‌

TOTAL

INDIA

676,501,981‌

INDONESIA

-

1

.9

%

12,388,954

Adaro

Energy

Tbk

2,720,344‌

5,787,715

*

ADARO

MINERALS

INDONESIA

TBK

PT

721,656‌

15,059,754

Astra

International

Tbk

PT

6,431,990‌

41,581,258

Bank

Central

Asia

Tbk

PT

20,676,692‌

3,153,400

*

Bank

Jago

Tbk

PT

2,253,444‌

50,715,850

Bank

Rakyat

Indonesia

14,970,953‌

1,686,604

Indofood

CBP

Sukses

Makmur

Tbk

1,003,910‌

18,453,500

Kalbe

Farma

Tbk

PT

2,016,464‌

9,310,328

*

Merdeka

Copper

Gold

Tbk

PT

2,555,204‌

5,308,400

PT

Aneka

Tambang

Tbk

701,247‌

14,023,139

PT

Bank

Mandiri

Persero

Tbk

7,849,567‌

5,369,259

PT

Bank

Negara

Indonesia

2,849,549‌

20,418,500

PT

Barito

Pacific

Tbk

1,240,339‌

5,100,500

PT

Charoen

Pokphand

Indonesia

Tbk

1,925,690‌

481,400

PT

Gudang

Garam

Tbk

903,919‌

2,226,605

PT

Indah

Kiat

Pulp

and

Paper

Corp

Tbk

1,141,805‌

3,164,570

PT

Indofood

Sukses

Makmur

Tbk

1,451,431‌

2,211,100

PT

Semen

Gresik

Persero

Tbk

974,310‌

13,037,800

PT

Sumber

Alfaria

Trijaya

Tbk

1,650,539‌

6,188,245

PT

Unilever

Indonesia

Tbk

1,884,312‌

1,260,173

PT

United

Tractors

Tbk

2,753,997‌

1,715,786

*

PT

Vale

Indonesia

Tbk

708,238‌

14,356,900

Sarana

Menara

Nusantara

Tbk

PT

1,137,633‌

37,663,183

Telkom

Indonesia

Persero

Tbk

PT

10,757,360‌

5,618,048

Tower

Bersama

Infrastructure

1,164,762‌

TOTAL

INDONESIA

92,445,355‌

KOREA,

REPUBLIC

OF

-

11

.8

%

18,516

*

Alteogen,

Inc

933,682‌

21,905

Amorepacific

Corp

2,179,974‌

6,011

BGF

retail

Co

Ltd

837,409‌

64,179

Celltrion

Healthcare

Co

Ltd

3,583,913‌

10,689

*

Celltrion

Pharm

Inc

698,017‌

74,151

e

Celltrion,

Inc

10,856,110‌

49,919

Cheil

Communications,

Inc

876,572‌

6,266

CJ

CheilJedang

Corp

1,888,660‌

10,850

CJ

Corp

666,717‌

6,865

CJ

O

Shopping

Co

Ltd

538,489‌

42,213

Coway

Co

Ltd

2,082,424‌

34,563

Dongbu

Insurance

Co

Ltd

1,608,569‌

41,014

Doosan

Bobcat,

Inc

985,143‌

304,317

*

Doosan

Heavy

Industries

and

Construction

Co

Ltd

4,415,015‌

35,600

e

Ecopro

BM

Co

Ltd

3,292,026‌

16,802

E-Mart

Co

Ltd

1,464,292‌

13,415

F&F

Co

Ltd

1,548,459‌

3,921

Green

Cross

Corp

522,798‌

50,037

GS

Engineering

&

Construction

Corp

1,150,317‌

40,038

GS

Holdings

Corp

1,283,396‌

225,737

Hana

Financial

Group,

Inc

6,468,829‌

57,116

Hankook

Tire

Co

Ltd

1,531,030‌

4,944

Hanmi

Pharm

Co

Ltd

1,178,289‌

119,268

Hanon

Systems

978,969‌

85,090

*

Hanwha

Chemical

Corp

2,874,795‌

70,840

*

HLB,

Inc

2,296,913‌

12,733

Honam

Petrochemical

Corp

1,732,418‌

20,174

Hotel

Shilla

Co

Ltd

1,117,415‌

12,308

*

HYBE

Co

Ltd

1,671,327‌

409,790

Hynix

Semiconductor,

Inc

30,978,811‌

55,886

Hyundai

Engineering

&

Construction

Co

Ltd

1,817,212‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

229

SHARES

COMPANY

VALUE

KOREA,

REPUBLIC

OF—continued

14,460

Hyundai

Glovis

Co

Ltd

$

2,029,498‌

31,000

*

Hyundai

Heavy

Industries

2,025,777‌

12,652

*

Hyundai

Heavy

Industries

Co

Ltd

1,224,398‌

200,256

Hyundai

Merchant

Marine

Co

Ltd

3,844,987‌

45,911

Hyundai

Mobis

8,080,661‌

103,940

Hyundai

Motor

Co

15,717,095‌

28,720

Hyundai

Motor

Co

Ltd

(2nd

Preference)

2,089,018‌

16,901

Hyundai

Motor

Co

Ltd

(Preference)

1,227,467‌

36,512

Hyundai

Robotics

Co

Ltd

1,601,031‌

64,121

Hyundai

Steel

Co

1,686,645‌

15,233

Iljin

Materials

Co

Ltd

865,803‌

185,427

Industrial

Bank

of

Korea

1,341,993‌

232,353

Kakao

Corp

13,417,521‌

25,317

*

Kakao

Games

Corp

992,425‌

83,634

*,e

KakaoBank

Corp

1,994,758‌

71,780

*

Kangwon

Land,

Inc

1,434,793‌

296,624

KB

Financial

Group,

Inc

11,032,019‌

196,662

Kia

Motors

Corp

12,312,493‌

58,170

Korea

Aerospace

Industries

Ltd

2,558,280‌

194,387

Korea

Electric

Power

Corp

3,347,908‌

6,563

*

Korea

Express

Co

Ltd

589,011‌

28,838

Korea

Investment

Holdings

Co

Ltd

1,403,217‌

14,032

Korea

Kumho

Petrochemical

1,401,714‌

6,043

Korea

Zinc

Co

Ltd

2,221,616‌

129,302

*

Korean

Air

Lines

Co

Ltd

2,526,454‌

17,946

*,e,g

Krafton,

Inc

3,238,652‌

86,920

KT&G

Corp

5,478,482‌

16,531

L&F

Co

Ltd

2,925,248‌

36,992

LG

Chem

Ltd

17,229,190‌

6,131

LG

Chem

Ltd

(Preference)

1,376,378‌

71,998

LG

Corp

4,493,807‌

178,478

LG

Display

Co

Ltd

2,110,023‌

80,141

LG

Electronics,

Inc

5,845,671‌

15,672

*,e

LG

Energy

Solution

5,110,375‌

7,099

LG

Household

&

Health

Care

Ltd

4,266,707‌

2,452

LG

Household

&

Health

Care

Ltd

(Preference)

715,749‌

10,571

LG

Innotek

Co

Ltd

2,963,892‌

171,327

LG

Telecom

Ltd

1,650,923‌

9,410

Lotte

Shopping

Co

Ltd

692,283‌

22,665

Meritz

finance

Holdings

Co

Ltd

457,818‌

28,085

Meritz

Fire

&

Marine

Insurance

Co

Ltd

746,586‌

197,252

Meritz

Securities

Co

Ltd

736,218‌

194,843

Mirae

Asset

Daewoo

Co

Ltd

990,166‌

97,468

Naver

Corp

19,497,622‌

12,385

NCsoft

3,558,077‌

18,070

g

Netmarble

Corp

1,004,952‌

17,158

Orion

Corp/Republic

of

Korea

1,328,309‌

18,420

Pacific

Corp

524,167‌

209,212

Pan

Ocean

Co

Ltd

910,685‌

21,839

*

Pearl

Abyss

Corp

899,722‌

59,136

POSCO

11,044,111‌

20,027

POSCO

Refractories

&

Environment

Co

Ltd

2,032,569‌

14,878

S1

Corp

(Korea)

730,151‌

13,074

*,g

Samsung

Biologics

Co

Ltd

8,708,155‌

62,908

Samsung

C&T

Corp

5,839,982‌

41,159

Samsung

Electro-Mechanics

Co

Ltd

4,532,402‌

3,574,100

Samsung

Electronics

Co

Ltd

169,180,529‌

620,654

Samsung

Electronics

Co

Ltd

(Preference)

27,277,513‌

114,482

*

Samsung

Engineering

Co

Ltd

1,732,851‌

23,205

Samsung

Fire

&

Marine

Insurance

Co

Ltd

3,525,348‌

485,384

*

Samsung

Heavy

Industries

Co

Ltd

2,104,241‌

57,721

Samsung

Life

Insurance

Co

Ltd

2,698,275‌

41,015

Samsung

SDI

Co

Ltd

18,028,125‌

24,632

Samsung

SDS

Co

Ltd

2,583,589‌

230

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

KOREA,

REPUBLIC

OF—continued

46,483

Samsung

Securities

Co

Ltd

$

1,253,786‌

27,506

SD

Biosensor,

Inc

855,726‌

29,205

Seegene,

Inc

895,761‌

349,351

Shinhan

Financial

Group

Co

Ltd

9,620,849‌

19,071

*

SK

Biopharmaceuticals

Co

Ltd

1,146,564‌

16,950

*,e

SK

Bioscience

Co

Ltd

1,595,389‌

8,312

SK

Chemicals

Co

Ltd

673,857‌

31,822

SK

Holdings

Co

Ltd

5,397,696‌

20,345

*,g

SK

IE

Technology

Co

Ltd

1,287,928‌

41,865

*

SK

Innovation

Co

Ltd

6,065,118‌

73,552

*

SK

Square

Co

Ltd

2,421,913‌

22,763

SK

Telecom

Co

Ltd

939,552‌

14,173

SKC

Co

Ltd

1,489,698‌

33,736

S-Oil

Corp

2,404,545‌

371,808

Woori

Financial

Group,

Inc

3,411,965‌

107,349

Woori

Investment

&

Securities

Co

Ltd

822,950‌

48,147

Yuhan

Corp

2,143,501‌

TOTAL

KOREA,

REPUBLIC

OF

582,220,913‌

KUWAIT

-

0

.8

%

1,013,494

Agility

Public

Warehousing

Co

KSC

2,958,768‌

996,623

Boubyan

Bank

KSCP

2,691,906‌

1,209,021

Gulf

Bank

KSCP

1,421,963‌

3,715,628

Kuwait

Finance

House

10,792,157‌

482,290

Mabanee

Co

KPSC

1,288,557‌

1,754,989

Mobile

Telecommunications

Co

KSC

3,476,916‌

5,233,213

National

Bank

of

Kuwait

SAKP

18,275,565‌

TOTAL

KUWAIT

40,905,832‌

LUXEMBOURG

-

0

.0

%

96,548

Reinet

Investments

S.C.A

1,678,669‌

TOTAL

LUXEMBOURG

1,678,669‌

MALAYSIA

-

1

.5

%

1,269,533

AMMB

Holdings

BHD

1,113,903‌

2,016,274

Axiata

Group

Bhd

1,300,256‌

4,825,339

Bumiputra-Commerce

Holdings

BHD

5,653,196‌

3,564,477

Dialog

Group

BHD

1,772,136‌

2,746,125

Digi.Com

BHD

2,242,581‌

1,688,775

Genting

BHD

1,797,671‌

2,081,800

Genting

Malaysia

BHD

1,368,724‌

350,600

HAP

Seng

Consolidated

BHD

595,559‌

1,167,300

Hartalega

Holdings

BHD

718,661‌

487,287

Hong

Leong

Bank

BHD

2,299,261‌

103,006

Hong

Leong

Credit

BHD

451,377‌

1,456,728

IHH

Healthcare

BHD

2,094,592‌

2,115,100

Inari

Amertron

BHD

1,366,587‌

1,778,800

IOI

Corp

BHD

1,610,732‌

307,411

Kuala

Lumpur

Kepong

BHD

1,514,088‌

3,552,161

Malayan

Banking

BHD

7,074,893‌

484,707

*

Malaysia

Airports

Holdings

BHD

680,983‌

1,771,400

Maxis

BHD

1,462,091‌

1,265,500

MISC

BHD

2,052,296‌

1,879,975

g

MR

DIY

Group

M

Bhd

939,270‌

66,400

Nestle

Malaysia

BHD

2,009,680‌

1,806,700

Petronas

Chemicals

Group

BHD

3,609,146‌

279,400

Petronas

Dagangan

BHD

1,406,260‌

745,000

Petronas

Gas

BHD

2,871,249‌

479,059

PPB

Group

BHD

1,752,406‌

2,629,524

Press

Metal

BHD

2,877,688‌

10,698,315

Public

Bank

BHD

11,161,606‌

714,250

QL

Resources

BHD

850,584‌

1,016,925

RHB

Capital

BHD

1,344,918‌

2,026,165

Sime

Darby

BHD

1,067,532‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

231

SHARES

COMPANY

VALUE

MALAYSIA—continued

1,468,165

Sime

Darby

Plantation

BHD

$

1,438,688‌

869,880

Telekom

Malaysia

BHD

1,111,796‌

2,081,458

Tenaga

Nasional

BHD

3,863,126‌

3,370,600

Top

Glove

Corp

BHD

731,601‌

TOTAL

MALAYSIA

74,205,137‌

MEXICO

-

2

.1

%

2,197,400

Alfa

S.A.

de

C.V.

(Class

A)

1,510,170‌

20,990,341

e

America

Movil

S.A.B.

de

C.V.

19,975,601‌

12,090,297

*,e

Cemex

S.A.

de

C.V.

4,881,075‌

379,845

Coca-Cola

Femsa

SAB

de

C.V.

2,299,697‌

328,957

Embotelladoras

Arca

SAB

de

C.V.

2,278,679‌

2,295,200

Fibra

Uno

Administracion

S.A.

de

C.V.

2,342,994‌

1,446,977

Fomento

Economico

Mexicano

S.A.

de

C.V.

9,016,678‌

161,510

e

Gruma

SAB

de

C.V.

2,008,348‌

264,930

Grupo

Aeroportuario

del

Pacifico

S.A.

de

C.V.

(B

Shares)

3,592,095‌

141,611

Grupo

Aeroportuario

del

Sureste

S.A.

de

C.V.

(Class

B)

2,667,515‌

982,889

Grupo

Bimbo

S.A.

de

C.V.

(Series

A)

3,473,416‌

444,698

e

Grupo

Carso

S.A.

de

C.V.

(Series

A1)

1,734,465‌

1,941,928

Grupo

Financiero

Banorte

S.A.

de

C.V.

11,049,237‌

1,527,744

*,e

Grupo

Financiero

Inbursa

S.A.

2,813,348‌

2,298,132

Grupo

Mexico

S.A.

de

C.V.

(Series

B)

9,086,333‌

1,915,790

e

Grupo

Televisa

S.A.

3,020,455‌

94,804

e

Industrias

Penoles

S.A.

de

C.V.

953,737‌

1,100,395

e

Kimberly-Clark

de

Mexico

S.A.

de

C.V.

(Class

A)

1,620,459‌

773,500

Operadora

de

Sites

Mexicanos

S.A.

de

C.V.

905,335‌

791,023

Orbia

Advance

Corp

SAB

de

C.V.

1,744,593‌

148,435

e

Promotora

y

Operadora

de

Infraestructura

SAB

de

C.V.

1,070,657‌

3,937,125

Wal-Mart

de

Mexico

SAB

de

C.V.

14,260,985‌

TOTAL

MEXICO

102,305,872‌

PERU

-

0

.2

%

176,422

Cia

de

Minas

Buenaventura

S.A.

(ADR)

(Series

B)

959,736‌

53,614

Credicorp

Ltd

6,937,651‌

69,225

Southern

Copper

Corp

3,447,405‌

TOTAL

PERU

11,344,792‌

PHILIPPINES

-

0

.7

%

1,279,604

Aboitiz

Equity

Ventures,

Inc

1,324,159‌

9,143,889

AC

Energy

Corp

1,390,482‌

185,863

Ayala

Corp

2,093,259‌

5,809,293

Ayala

Land,

Inc

2,666,090‌

1,358,409

Bank

of

the

Philippine

Islands

2,292,854‌

1,486,986

BDO

Unibank,

Inc

3,227,806‌

1,608,761

*

Converge

ICT

Solutions,

Inc

555,833‌

23,966

Globe

Telecom,

Inc

896,707‌

72,726

GT

Capital

Holdings,

Inc

598,652‌

747,883

International

Container

Term

Services,

Inc

2,634,767‌

2,139,256

JG

Summit

Holdings

(Series

B)

1,998,312‌

313,740

Jollibee

Foods

Corp

1,145,550‌

174,251

Manila

Electric

Co

1,075,521‌

6,294,000

Metro

Pacific

Investments

Corp

421,447‌

1,383,890

Metropolitan

Bank

&

Trust

1,220,689‌

4,689,600

*,g

Monde

Nissin

Corp

1,212,399‌

65,620

PLDT,

Inc

1,980,111‌

183,565

SM

Investments

Corp

2,584,828‌

8,882,868

SM

Prime

Holdings

5,903,327‌

656,117

Universal

Robina

1,321,283‌

TOTAL

PHILIPPINES

36,544,076‌

POLAND

-

0

.6

%

272,368

*,g

Allegro.eu

S.A.

1,481,385‌

138,030

Bank

Pekao

S.A.

2,186,133‌

232

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

POLAND—continued

25,118

Bank

Zachodni

WBK

S.A.

$

1,275,439‌

12,099

BRE

Bank

S.A.

578,755‌

47,577

CD

Projekt

Red

S.A.

935,609‌

172,719

Cyfrowy

Polsat

S.A.

744,464‌

34,899

*,g

Dino

Polska

S.A.

2,728,743‌

103,425

KGHM

Polska

Miedz

S.A.

2,592,630‌

835

LPP

S.A.

1,788,950‌

708,281

*

PGE

Polska

Grupa

Energetyczna

S.A.

1,583,520‌

298,244

Polski

Koncern

Naftowy

Orlen

S.A.

4,871,794‌

1,891,831

Polskie

Gornictwo

Naftowe

i

Gazownictwo

S.A.

2,826,963‌

639,271

*

Powszechna

Kasa

Oszczednosci

Bank

Polski

S.A.

3,617,949‌

455,563

Powszechny

Zaklad

Ubezpieczen

S.A.

2,984,310‌

524,177

Telekomunikacja

Polska

S.A.

680,202‌

TOTAL

POLAND

30,876,846‌

QATAR

-

1

.1

%

1,759,712

Barwa

Real

Estate

Co

1,744,400‌

1,409,015

Commercial

Bank

of

Qatar

QSC

2,838,824‌

1,136,909

Industries

Qatar

QSC

5,352,798‌

4,247,156

Masraf

Al

Rayan

5,141,520‌

3,278,477

Mesaieed

Petrochemical

Holding

Co

2,465,190‌

621,129

Ooredoo

QSC

1,593,408‌

390,823

Qatar

Electricity

&

Water

Co

1,986,444‌

433,826

Qatar

Fuel

QSC

2,121,629‌

2,093,588

Qatar

Gas

Transport

Co

Ltd

2,357,744‌

439,644

Qatar

International

Islamic

Bank

QSC

1,434,064‌

1,235,782

Qatar

Islamic

Bank

SAQ

8,724,365‌

3,430,052

Qatar

National

Bank

18,998,872‌

TOTAL

QATAR

54,759,258‌

ROMANIA

-

0

.0

%

338,036

NEPI

Rockcastle

plc

1,864,684‌

TOTAL

ROMANIA

1,864,684‌

RUSSIA

-

0

.0

%

35,937

*,†,e

Ozon

Holdings

plc

(ADR)

359‌

911,463

†

VTB

Bank

PJSC

(GDR)

Equiduct

9,115‌

281,650

*,†

VTB

Bank

PJSC

(GDR)

Tradegate

2,817‌

TOTAL

RUSSIA

12,291‌

SAUDI

ARABIA

-

4

.4

%

62,778

ACWA

Power

Co

2,935,501‌

95,674

Advanced

Petrochemical

Co

1,254,705‌

1,427,346

Al

Rajhi

Bank

34,392,079‌

706,643

Alinma

Bank

7,209,365‌

196,458

Almarai

Co

JSC

2,740,342‌

413,051

Arab

National

Bank

3,416,134‌

340,909

*

Bank

AlBilad

4,515,221‌

256,343

Bank

Al-Jazira

1,806,204‌

427,293

Banque

Saudi

Fransi

5,857,316‌

47,919

Bupa

Arabia

for

Cooperative

Insurance

Co

2,057,711‌

423,798

*

Dar

Al

Arkan

Real

Estate

Development

Co

1,431,336‌

67,761

Dr

Sulaiman

Al

Habib

Medical

Services

Group

Co

3,717,859‌

16,214

Elm

Co

1,290,834‌

249,998

*

Emaar

Economic

City

677,675‌

273,142

Etihad

Etisalat

Co

2,757,947‌

44,503

Jarir

Marketing

Co

1,939,077‌

356,871

*

Mobile

Telecommunications

Co

Saudi

Arabia

1,121,630‌

36,613

Mouwasat

Medical

Services

Co

2,410,748‌

1,592,216

National

Commercial

Bank

29,888,662‌

211,981

*

National

Industrialization

Co

940,383‌

453,858

*

Rabigh

Refining

&

Petrochemical

Co

2,254,714‌

929,656

Riyad

Bank

9,052,473‌

159,805

SABIC

Agri-Nutrients

Co

5,702,778‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

233

SHARES

COMPANY

VALUE

SAUDI

ARABIA—continued

251,687

Sahara

International

Petrochemical

Co

$

3,212,278‌

615,470

*

Saudi

Arabian

Mining

Co

9,358,794‌

1,803,401

g

Saudi

Arabian

Oil

Co

19,273,699‌

675,881

Saudi

Basic

Industries

Corp

18,007,724‌

675,420

Saudi

British

Bank

7,603,683‌

610,655

Saudi

Electricity

Co

4,041,221‌

285,925

Saudi

Industrial

Investment

Group

2,134,528‌

336,947

Saudi

Investment

Bank

1,888,766‌

583,972

*

Saudi

Kayan

Petrochemical

Co

2,373,646‌

27,526

*

Saudi

Research

&

Marketing

Group

1,423,730‌

25,156

Saudi

Tadawul

Group

Holding

Co

1,494,757‌

435,668

Saudi

Telecom

Co

11,714,501‌

203,074

Savola

Group

1,806,469‌

220,212

Yanbu

National

Petrochemical

Co

2,927,987‌

TOTAL

SAUDI

ARABIA

216,632,477‌

SINGAPORE

-

0

.0

%

167,200

g

BOC

Aviation

Ltd

1,422,974‌

TOTAL

SINGAPORE

1,422,974‌

SOUTH

AFRICA

-

3

.3

%

597,579

Absa

Group

Ltd

6,123,685‌

70,170

African

Rainbow

Minerals

Ltd

987,151‌

39,529

Anglo

American

Platinum

Ltd

3,032,291‌

290,971

Aspen

Pharmacare

Holdings

Ltd

2,550,136‌

253,482

Bid

Corp

Ltd

4,666,997‌

209,029

Bidvest

Group

Ltd

2,688,702‌

67,776

Capitec

Bank

Holdings

Ltd

8,145,031‌

202,155

Clicks

Group

Ltd

3,403,429‌

367,907

*

Discovery

Holdings

Ltd

2,843,014‌

193,462

Exxaro

Resources

Ltd

2,351,574‌

3,730,462

FirstRand

Ltd

14,756,860‌

265,285

Foschini

Ltd

1,936,804‌

651,486

Gold

Fields

Ltd

6,025,531‌

2,518,559

Growthpoint

Properties

Ltd

2,053,338‌

452,543

Harmony

Gold

Mining

Co

Ltd

1,445,614‌

634,854

Impala

Platinum

Holdings

Ltd

7,038,952‌

50,644

Kumba

Iron

Ore

Ltd

1,509,227‌

179,706

Mr

Price

Group

Ltd

1,956,647‌

1,266,771

MTN

Group

Ltd

10,631,736‌

272,452

MultiChoice

Group

Ltd

1,951,097‌

161,969

Naspers

Ltd

(N

Shares)

22,884,019‌

348,632

Nedbank

Group

Ltd

4,557,230‌

244,302

*

Northam

Platinum

Holdings

Ltd

2,593,247‌

3,582,645

e

Old

Mutual

Ltd

2,443,674‌

1,188,816

g

Pepkor

Holdings

Ltd

1,444,891‌

388,705

Remgro

Ltd

3,200,827‌

1,289,238

Sanlam

Ltd

4,234,066‌

425,498

*

Sasol

Ltd

8,938,339‌

376,690

Shoprite

Holdings

Ltd

5,096,614‌

2,086,712

Sibanye

Stillwater

Ltd

5,126,088‌

143,238

Spar

Group

Ltd

1,157,108‌

990,602

Standard

Bank

Group

Ltd

9,543,609‌

467,364

Vodacom

Group

Pty

Ltd

3,883,143‌

711,184

Woolworths

Holdings

Ltd

2,268,307‌

TOTAL

SOUTH

AFRICA

163,468,978‌

TAIWAN

-

14

.5

%

384,000

Accton

Technology

Corp

3,204,816‌

2,155,380

Acer,

Inc

1,635,347‌

343,407

Advantech

Co

Ltd

3,950,649‌

2,477,011

ASE

Technology

Holding

Co

Ltd

7,218,113‌

1,804,512

Asia

Cement

Corp

2,503,953‌

19,000

ASMedia

Technology,

Inc

623,023‌

234

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

TAIWAN—continued

524,500

Asustek

Computer,

Inc

$

4,947,939‌

5,999,000

AU

Optronics

Corp

2,693,788‌

510,389

Catcher

Technology

Co

Ltd

2,915,050‌

6,019,604

Cathay

Financial

Holding

Co

Ltd

9,183,244‌

1,003,374

Chailease

Holding

Co

Ltd

7,135,759‌

3,574,871

Chang

Hwa

Commercial

Bank

2,128,607‌

1,307,922

Cheng

Shin

Rubber

Industry

Co

Ltd

1,552,172‌

1,943,035

China

Airlines

1,484,708‌

11,628,522

China

Development

Financial

Holding

Corp

5,033,880‌

8,763,151

China

Steel

Corp

8,159,075‌

13,213,611

Chinatrust

Financial

Holding

Co

10,151,617‌

2,958,763

Chunghwa

Telecom

Co

Ltd

12,005,535‌

3,121,000

Compal

Electronics,

Inc

2,383,441‌

1,449,768

Delta

Electronics,

Inc

12,608,804‌

9,811,613

E.Sun

Financial

Holding

Co

Ltd

9,044,225‌

143,316

Eclat

Textile

Co

Ltd

1,959,492‌

49,000

eMemory

Technology,

Inc

1,947,874‌

1,804,803

Eva

Airways

Corp

2,070,837‌

1,903,980

Evergreen

Marine

Corp

Taiwan

Ltd

6,118,208‌

2,504,071

Far

Eastern

Textile

Co

Ltd

2,547,745‌

1,317,589

Far

EasTone

Telecommunications

Co

Ltd

3,322,001‌

281,513

Feng

TAY

Enterprise

Co

Ltd

1,577,070‌

7,732,034

First

Financial

Holding

Co

Ltd

6,984,215‌

2,663,173

Formosa

Chemicals

&

Fibre

Corp

6,243,320‌

923,064

Formosa

Petrochemical

Corp

2,610,331‌

3,105,813

Formosa

Plastics

Corp

9,579,354‌

5,338,716

Fubon

Financial

Holding

Co

Ltd

10,028,309‌

7,081,348

Fuhwa

Financial

Holdings

Co

Ltd

4,746,615‌

223,000

Giant

Manufacturing

Co

Ltd

1,824,538‌

161,509

Globalwafers

Co

Ltd

2,446,591‌

9,333,002

Hon

Hai

Precision

Industry

Co,

Ltd

34,109,747‌

219,608

Hotai

Motor

Co

Ltd

4,447,706‌

6,267,917

Hua

Nan

Financial

Holdings

Co

Ltd

4,848,960‌

7,463,487

InnoLux

Display

Corp

2,584,839‌

1,619,340

Inventec

Co

Ltd

1,286,147‌

76,125

Largan

Precision

Co

Ltd

5,339,614‌

1,492,778

Lite-On

Technology

Corp

3,275,442‌

1,134,464

MediaTek,

Inc

26,138,139‌

8,188,125

Mega

Financial

Holding

Co

Ltd

9,699,760‌

460,000

Micro-Star

International

Co

Ltd

1,821,093‌

51,000

momo.com,

Inc

1,397,967‌

3,622,271

Nan

Ya

Plastics

Corp

8,163,200‌

170,000

Nan

Ya

Printed

Circuit

Board

Corp

1,377,298‌

1,003,000

Nanya

Technology

Corp

1,762,109‌

115,000

Nien

Made

Enterprise

Co

Ltd

1,104,680‌

430,474

Novatek

Microelectronics

Corp

Ltd

3,835,003‌

1,492,000

Pegatron

Technology

Corp

3,106,024‌

1,825,512

Pou

Chen

Corp

1,639,102‌

1,977,387

Powerchip

Semiconductor

Manufacturing

Corp

2,343,894‌

465,000

President

Chain

Store

Corp

4,396,757‌

611,000

Prime

View

International

Co

Ltd

4,019,638‌

1,957,000

Quanta

Computer,

Inc

5,555,798‌

335,085

Realtek

Semiconductor

Corp

3,853,389‌

838,500

Ruentex

Development

Co

Ltd

1,540,578‌

2,622,421

Shanghai

Commercial

&

Savings

Bank

Ltd

4,402,290‌

11,026,684

Shin

Kong

Financial

Holding

Co

Ltd

3,151,968‌

7,376,717

SinoPac

Financial

Holdings

Co

Ltd

4,178,029‌

994,522

Synnex

Technology

International

Corp

1,845,007‌

7,766,077

Taishin

Financial

Holdings

Co

Ltd

4,088,076‌

4,543,039

Taiwan

Cement

Corp

5,895,360‌

7,055,944

Taiwan

Cooperative

Financial

Holding

6,469,145‌

1,583,561

Taiwan

High

Speed

Rail

Corp

1,547,615‌

1,377,861

Taiwan

Mobile

Co

Ltd

4,675,751‌

18,415,622

*

Taiwan

Semiconductor

Manufacturing

Co

Ltd

315,819,908‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

235

SHARES

COMPANY

VALUE

TAIWAN—continued

936,000

Unimicron

Technology

Corp

$

4,993,276‌

3,696,908

Uni-President

Enterprises

Corp

8,703,015‌

8,917,452

United

Microelectronics

Corp

11,996,282‌

662,000

Vanguard

International

Semiconductor

Corp

1,594,452‌

50,000

Voltronic

Power

Technology

Corp

2,455,861‌

1,953,454

Walsin

Lihwa

Corp

2,222,318‌

529,460

Wan

Hai

Lines

Ltd

1,902,467‌

242,878

Win

Semiconductors

Corp

1,290,191‌

2,100,000

Winbond

Electronics

Corp

1,634,895‌

64,000

Wiwynn

Corp

1,583,137‌

1,153,660

WPG

Holdings

Co

Ltd

1,938,341‌

312,009

Yageo

Corp

3,602,473‌

1,303,000

Yang

Ming

Marine

Transport

3,929,569‌

500,127

Zhen

Ding

Technology

Holding

Ltd

1,894,308‌

TOTAL

TAIWAN

714,030,863‌

TANZANIA,

UNITED

REPUBLIC

OF

-

0

.1

%

304,779

AngloGold

Ashanti

Ltd

4,492,179‌

TOTAL

TANZANIA,

UNITED

REPUBLIC

OF

4,492,179‌

THAILAND

-

1

.7

%

879,900

Advanced

Info

Service

PCL

4,836,485‌

2,929,556

Airports

of

Thailand

PCL

5,644,642‌

3,258,300

Asset

World

Corp

PCL

448,025‌

341,700

B

Grimm

Power

PCL

355,043‌

945,100

Bangkok

Commercial

Asset

Management

PCL

437,529‌

7,042,062

Bangkok

Dusit

Medical

Services

PCL

5,150,153‌

4,624,383

Bangkok

Expressway

&

Metro

PCL

1,098,569‌

502,500

Berli

Jucker

PCL

445,826‌

3,990,500

BTS

Group

Holdings

PCL

940,129‌

267,700

Bumrungrad

Hospital

PCL

1,334,026‌

159,400

Carabao

Group

PCL

491,910‌

1,469,799

Central

Pattana

PCL

2,560,163‌

1,213,037

Central

Retail

Corp

PCL

1,215,372‌

2,126,680

Charoen

Pokphand

Foods

PCL

1,461,698‌

4,202,155

CP

ALL

plc

6,988,067‌

223,700

Delta

Electronics

Thai

PCL

2,880,570‌

152,000

Electricity

Generating

PCL

766,396‌

1,040,203

Energy

Absolute

PCL

2,338,518‌

422,100

Global

Power

Synergy

Co

Ltd

782,989‌

1,896,050

Gulf

Energy

Development

PCL

2,456,388‌

3,045,126

Home

Product

Center

PCL

1,091,977‌

1,167,539

Indorama

Ventures

PCL

1,397,513‌

712,300

Intouch

Holdings

PCL

(Class

F)

1,368,366‌

458,906

JMT

Network

Services

PCL

939,102‌

2,777,498

Krung

Thai

Bank

PCL

1,207,935‌

605,694

Krungthai

Card

PCL

953,281‌

6,641,740

Land

and

Houses

PCL

Co

Reg

1,540,559‌

2,212,103

*

Minor

International

PCL

2,034,616‌

362,200

Muangthai

Capital

PCL

483,370‌

967,544

Osotspa

PCL

826,243‌

1,224,109

PTT

Exploration

&

Production

PCL

5,503,654‌

1,806,629

PTT

Global

Chemical

PCL

2,194,030‌

2,152,122

PTT

Oil

&

Retail

Business

PCL

1,485,451‌

8,014,482

PTT

PCL

7,671,704‌

965,227

Ratch

Group

PCL

1,005,541‌

656,001

SCB

X

PCL

1,737,574‌

734,000

SCG

Packaging

PCL

1,011,967‌

570,958

Siam

Cement

PCL

5,809,689‌

423,900

Srisawad

Corp

PCL

583,118‌

1,091,500

Thai

Oil

PCL

1,542,827‌

1,393,400

Thai

Union

Group

PCL

619,002‌

236

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

SHARES

COMPANY

VALUE

THAILAND—continued

6,115,448

True

Corp

PCL

$

793,363‌

TOTAL

THAILAND

84,433,380‌

TURKEY

-

0

.3

%

2,264,911

Akbank

TAS

1,090,960‌

610,470

Aselsan

Elektronik

Sanayi

Ve

Ticaret

AS

757,228‌

365,897

BIM

Birlesik

Magazalar

AS

1,880,898‌

1,012,193

Eregli

Demir

ve

Celik

Fabrikalari

TAS

1,567,907‌

51,329

Ford

Otomotiv

Sanayi

AS

873,199‌

795,621

Haci

Omer

Sabanci

Holding

AS

882,370‌

495,262

KOC

Holding

AS

1,023,701‌

429,813

*

Turk

Hava

Yollari

1,209,085‌

922,552

Turkcell

Iletisim

Hizmet

AS

876,564‌

2,212,446

Turkiye

Is

Bankasi

(Series

C)

648,481‌

100,002

*

Turkiye

Petrol

Rafinerileri

AS

1,497,960‌

1,109,329

Turkiye

Sise

ve

Cam

Fabrikalari

AS

1,351,021‌

TOTAL

TURKEY

13,659,374‌

UNITED

ARAB

EMIRATES

-

1

.3

%

2,021,417

Abu

Dhabi

Commercial

Bank

PJSC

5,024,354‌

1,020,413

Abu

Dhabi

Islamic

Bank

PJSC

2,528,814‌

2,683,170

Abu

Dhabi

National

Oil

Co

for

Distribution

PJSC

3,128,812‌

2,968,070

Aldar

Properties

PJSC

3,965,092‌

2,098,735

Dubai

Islamic

Bank

PJSC

3,363,234‌

3,246,961

Emaar

Properties

PJSC

4,872,689‌

1,384,948

Emirates

NBD

Bank

PJSC

5,212,391‌

2,601,437

Emirates

Telecommunications

Group

Co

PJSC

19,759,901‌

3,294,426

National

Bank

of

Abu

Dhabi

PJSC

17,435,736‌

TOTAL

UNITED

ARAB

EMIRATES

65,291,023‌

UNITED

STATES

-

0

.2

%

618,865

JBS

S.A.

3,820,287‌

36,160

*

Legend

Biotech

Corp

(ADR)

1,708,199‌

58,000

Parade

Technologies

Ltd

2,184,185‌

TOTAL

UNITED

STATES

7,712,671‌

TOTAL

COMMON

STOCKS

4,834,588,626‌

(Cost

$4,599,882,659)

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

3.5%

GOVERNMENT

AGENCY

DEBT

-

1

.5

%

$

55,640,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/01/22

55,640,000‌

10,300,000

FHLB

0

.000

08/05/22

10,297,510‌

10,000,000

FHLB

0

.000

09/23/22

9,966,578‌

TOTAL

GOVERNMENT

AGENCY

DEBT

75,904,088‌

REPURCHASE

AGREEMENT

-

1

.2

%

56,520,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.250

08/01/22

56,520,000‌

TOTAL

REPURCHASE

AGREEMENT

56,520,000‌

TREASURY

DEBT

-

0

.2

%

10,000,000

United

States

Treasury

Bill

0

.000

08/02/22

9,999,507‌

TOTAL

TREASURY

DEBT

9,999,507‌

TIAA-CREF

FUNDS

-

Emerging

Markets

Equity

Index

Fund

237

Principal

denominated

in

U.S.

Dollars,

unless

otherwise

noted. 

SHARES

COMPANY

RATE

VALUE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.6

%

$

27,602,905

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

%

$

27,602,905‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

27,602,905‌

TOTAL

SHORT-TERM

INVESTMENTS

170,026,500‌

(Cost

$170,027,994)

TOTAL

INVESTMENTS

-

101.6%

5,004,635,366‌

(Cost

$4,769,933,309)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(1.6)%

(

76,793,310‌

)

NET

ASSETS

-

100.0%

$

4,927,842,056‌

ADR

American

Depositary

Receipt

GDR

Global

Depositary

Receipt

INR

Indian

Rupee

*

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

$70,090,528.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$274,932,284

or

5.6%

of

net

assets.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.250%

dated

7/31/22

to

be

repurchased

at

$56,520,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$57,650,485.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

ICE

US

MSCI

Emerging

Markets

EM

Index

Futures

1,668‌

09/16/22

 $

82,033,517‌

$

83,274,900‌

$

1,241,383‌

International

Equity

Index

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

238

TIAA-CREF

Funds

SHARES

COMPANY

VALUE

COMMON

STOCKS

-

97.9%

AUSTRALIA

-

8

.5

%

273,804

Ampol

Ltd

$

6,486,828‌

1,408,310

APA

Group

11,547,228‌

711,863

Aristocrat

Leisure

Ltd

17,759,594‌

2,399,741

Aurizon

Holdings

Ltd

6,791,976‌

221,220

*

Australia

&

New

Zealand

Banking

Group

Ltd

3,575,196‌

3,318,298

Australia

&

New

Zealand

Banking

Group

Ltd

53,627,879‌

239,778

Australian

Stock

Exchange

Ltd

14,903,344‌

989,098

*,†

AZ

BGP

Holdings

2,765‌

6,057,860

BHP

Billiton

Ltd

165,775,495‌

582,071

BlueScope

Steel

Ltd

6,837,226‌

1,772,912

Brambles

Ltd

14,269,639‌

80,871

Cochlear

Ltd

12,189,434‌

1,600,258

Coles

Group

Ltd

21,075,937‌

2,041,293

Commonwealth

Bank

of

Australia

144,967,324‌

654,420

Computershare

Ltd

11,561,630‌

578,026

CSL

Ltd

117,695,908‌

1,308,081

Dexus

Property

Group

8,790,310‌

74,700

Domino's

Pizza

Enterprises

Ltd

3,819,400‌

1,608,621

Endeavour

Group

Ltd

8,962,326‌

2,236,383

Evolution

Mining

Ltd

4,131,221‌

2,016,515

Fortescue

Metals

Group

Ltd

25,949,640‌

11,836,017

Glencore

Xstrata

plc

67,082,981‌

2,011,132

Goodman

Group

29,433,039‌

2,219,665

GPT

Group

7,141,105‌

259,715

IDP

Education

Ltd

5,225,433‌

3,188,586

Insurance

Australia

Group

Ltd

10,033,088‌

814,539

Lend

Lease

Corp

Ltd

5,901,040‌

2,661,175

*

Lottery

Corp

Ltd

8,441,510‌

432,840

Macquarie

Group

Ltd

55,396,321‌

3,635,987

Medibank

Pvt

Ltd

8,742,847‌

216,460

Mineral

Resources

Ltd

8,248,011‌

4,515,583

Mirvac

Group

6,841,045‌

3,864,275

National

Australia

Bank

Ltd

83,454,847‌

1,075,551

Newcrest

Mining

Ltd

14,494,401‌

1,345,208

Northern

Star

Resources

Ltd

7,392,764‌

480,080

Orica

Ltd

5,690,018‌

2,033,421

Origin

Energy

Ltd

8,537,041‌

1,240,185

*

Qantas

Airways

Ltd

3,996,309‌

1,745,492

QBE

Insurance

Group

Ltd

14,113,566‌

222,259

Ramsay

Health

Care

Ltd

10,979,985‌

59,966

REA

Group

Ltd

5,290,460‌

261,045

Reece

Ltd

2,819,370‌

443,020

Rio

Tinto

Ltd

30,694,440‌

1,346,567

Rio

Tinto

plc

81,291,545‌

3,786,799

Santos

Ltd

19,685,220‌

6,099,047

Scentre

Group

12,498,425‌

380,906

Seek

Ltd

6,169,586‌

532,944

Sonic

Healthcare

Ltd

12,834,098‌

5,484,305

South32

Ltd

14,948,099‌

2,847,066

Stockland

Trust

Group

7,714,657‌

1,521,945

Suncorp-Metway

Ltd

12,019,238‌

5,207,008

Telstra

Corp

Ltd

14,230,801‌

3,748,590

Transurban

Group

38,316,917‌

894,757

Treasury

Wine

Estates

Ltd

7,712,837‌

4,724,674

Vicinity

Centres

6,913,119‌

243,419

Washington

H

Soul

Pattinson

&

Co

Ltd

4,407,017‌

1,358,789

Wesfarmers

Ltd

44,521,417‌

4,207,106

Westpac

Banking

Corp

63,708,801‌

175,441

Wisetech

Global

Ltd

6,213,175‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

239

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

AUSTRALIA—continued

2,263,625

Woodside

Energy

Group

Ltd

$

51,113,736‌

1,476,055

Woolworths

Ltd

38,833,652‌

TOTAL

AUSTRALIA

1,503,802,261‌

AUSTRIA

-

0

.2

%

422,573

Erste

Bank

der

Oesterreichischen

Sparkassen

AG.

10,713,356‌

567,823

Mondi

plc

10,775,699‌

183,619

OMV

AG.

7,820,319‌

82,084

Verbund

AG.

9,026,407‌

128,811

Voestalpine

AG.

2,900,389‌

TOTAL

AUSTRIA

41,236,170‌

BELGIUM

-

0

.8

%

194,488

Ageas

8,488,486‌

1,039,069

Anheuser-Busch

InBev

S.A.

55,660,634‌

31,908

Dieteren

S.A.

5,236,935‌

39,903

Elia

System

Operator

S.A.

6,057,743‌

121,350

Groupe

Bruxelles

Lambert

S.A.

10,741,304‌

296,968

KBC

Groep

NV

15,554,282‌

178,114

Proximus

plc

2,468,125‌

18,097

Sofina

S.A.

4,238,122‌

87,175

Solvay

S.A.

7,656,835‌

154,892

UCB

S.A.

12,103,067‌

256,300

Umicore

S.A.

9,283,792‌

171,733

Warehouses

De

Pauw

CVA

5,837,925‌

TOTAL

BELGIUM

143,327,250‌

BRAZIL

-

0

.1

%

199,086

Yara

International

ASA

8,484,517‌

TOTAL

BRAZIL

8,484,517‌

CHILE

-

0

.0

%

462,797

Antofagasta

plc

6,584,991‌

TOTAL

CHILE

6,584,991‌

CHINA

-

0

.7

%

4,601,438

BOC

Hong

Kong

Holdings

Ltd

16,644,849‌

2,100,921

g

Budweiser

Brewing

Co

APAC

Ltd

5,817,314‌

2,523,400

Chow

Tai

Fook

Jewellery

Group

Ltd

4,990,673‌

2,551,697

*,g

ESR

Cayman

Ltd

6,635,500‌

75,300

*

Futu

Holdings

Ltd

(ADR)

3,132,480‌

997,363

Prosus

NV

65,062,964‌

1,554,000

SITC

International

Co

Ltd

5,291,254‌

2,237,661

Wilmar

International

Ltd

6,520,334‌

2,191,770

Xinyi

Glass

Holdings

Co

Ltd

4,322,900‌

TOTAL

CHINA

118,418,268‌

DENMARK

-

2

.8

%

3,758

AP

Moller

-

Maersk

AS

(Class

A)

10,067,588‌

6,375

AP

Moller

-

Maersk

AS

(Class

B)

17,405,874‌

120,381

Carlsberg

AS

(Class

B)

15,570,306‌

125,036

Chr

Hansen

Holding

A/S

8,183,958‌

142,306

Coloplast

AS

16,655,340‌

816,082

Danske

Bank

AS

11,412,334‌

124,187

*

Demant

A.S.

4,730,993‌

228,708

DSV

AS

38,537,504‌

78,094

*

Genmab

AS

27,787,399‌

161,155

GN

Store

Nord

5,612,078‌

2,013,653

Novo

Nordisk

AS

234,537,722‌

248,034

Novozymes

AS

15,844,477‌

225,293

g

Orsted

AS

26,227,852‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

240

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

DENMARK—continued

120,477

Pandora

AS

$

8,950,442‌

11,098

Rockwool

International

AS

(B

Shares)

2,750,074‌

423,614

Tryg

A.S.

9,658,968‌

1,212,678

Vestas

Wind

Systems

A.S.

31,873,695‌

TOTAL

DENMARK

485,806,604‌

FINLAND

-

1

.2

%

174,263

Elisa

Oyj

(Series

A)

9,637,629‌

524,458

Fortum

Oyj

5,886,669‌

328,312

Kesko

Oyj

(B

Shares)

8,120,195‌

406,697

Kone

Oyj

(Class

B)

18,586,635‌

510,610

Neste

Oil

Oyj

26,256,221‌

6,497,405

Nokia

Oyj

33,842,253‌

3,938,171

Nordea

Bank

Abp

38,830,229‌

128,030

Orion

Oyj

(Class

B)

6,111,831‌

596,895

Sampo

Oyj

(A

Shares)

25,787,495‌

661,160

Stora

Enso

Oyj

(R

Shares)

10,225,294‌

632,205

UPM-Kymmene

Oyj

20,034,424‌

588,355

Wartsila

Oyj

(B

Shares)

5,169,600‌

TOTAL

FINLAND

208,488,475‌

FRANCE

-

10

.2

%

208,258

*

Accor

S.A.

5,404,067‌

315,486

*

Adevinta

ASA

2,399,068‌

33,359

*

Aeroports

de

Paris

4,609,274‌

622,726

Air

Liquide

85,613,845‌

704,586

Airbus

SE

75,969,650‌

386,660

Alstom

RGPT

9,189,243‌

74,988

g

Amundi

S.A.

4,071,459‌

73,332

Arkema

6,947,147‌

2,309,920

AXA

S.A.

53,226,353‌

48,428

BioMerieux

5,241,718‌

1,338,215

BNP

Paribas

S.A.

63,227,031‌

1,018,460

Bollore

5,142,061‌

274,030

Bouygues

S.A.

8,283,853‌

348,363

Bureau

Veritas

S.A.

9,608,063‌

196,153

Cap

Gemini

S.A.

37,413,601‌

723,304

Carrefour

S.A.

12,326,578‌

812,302

Cie

Generale

des

Etablissements

Michelin

S.C.A

22,731,917‌

594,611

Compagnie

de

Saint-Gobain

27,726,603‌

1,563,675

Credit

Agricole

S.A.

14,407,434‌

781,027

Danone

43,065,169‌

30,499

Dassault

Aviation

S.A.

4,362,047‌

797,634

Dassault

Systemes

SE

34,211,854‌

313,726

Edenred

16,103,712‌

96,052

Eiffage

S.A.

9,013,422‌

647,175

Electricite

de

France

7,859,454‌

2,192,681

Engie

S.A.

27,128,590‌

344,504

Essilor

International

S.A.

54,012,142‌

50,755

Eurazeo

3,625,303‌

62,574

Fonciere

Des

Regions

3,957,403‌

57,048

Gecina

S.A.

5,849,165‌

560,601

Getlink

S.E.

11,220,050‌

37,659

Hermes

International

51,666,032‌

42,635

Ipsen

4,312,835‌

89,772

Kering

51,393,659‌

269,670

Klepierre

5,992,080‌

121,288

g

La

Francaise

des

Jeux

SAEM

4,332,167‌

320,475

Legrand

S.A.

26,236,846‌

286,667

L'Oreal

S.A.

108,376,558‌

333,165

LVMH

Moet

Hennessy

Louis

Vuitton

S.A.

231,334,448‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

241

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

FRANCE—continued

2,379,045

Orange

S.

A.

$

24,310,108‌

249,281

Pernod-Ricard

S.A.

48,969,842‌

274,256

Publicis

Groupe

S.A.

14,594,626‌

29,035

Remy

Cointreau

S.A.

5,736,073‌

242,972

*

Renault

S.A.

7,183,315‌

409,134

Safran

S.A.

44,970,180‌

1,369,183

Sanofi-Aventis

136,060,535‌

32,532

Sartorius

Stedim

Biotech

13,014,081‌

31,635

SEB

S.A.

2,663,364‌

974,707

Societe

Generale

21,839,666‌

105,559

Sodexho

Alliance

S.A.

8,577,047‌

69,454

Teleperformance

23,225,482‌

126,600

Thales

S.A.

15,743,926‌

2,972,490

*

Total

S.A.

151,826,924‌

108,894

*

Ubisoft

Entertainment

4,636,098‌

24,537

*

Unibail-Rodamco-Westfield

1,384,057‌

120,884

*

Unibail-Rodamco-Westfield

6,864,366‌

262,194

Valeo

S.A.

5,631,933‌

786,807

Veolia

Environnement

19,678,705‌

637,178

Vinci

S.A.

61,079,081‌

831,925

Vivendi

Universal

S.A.

7,897,740‌

32,305

Wendel

2,973,340‌

277,812

*,g

Worldline

S.A.

12,262,101‌

TOTAL

FRANCE

1,798,714,491‌

GERMANY

-

7

.3

%

205,087

Adidas-Salomon

AG.

35,478,302‌

488,224

Allianz

AG.

88,664,450‌

1,204,479

Aroundtown

S.A.

3,862,806‌

1,098,401

BASF

SE

48,950,432‌

1,175,509

Bayer

AG.

68,567,718‌

404,589

Bayerische

Motoren

Werke

AG.

33,060,313‌

57,447

Bayerische

Motoren

Werke

AG.

(Preference)

4,361,669‌

89,059

Bechtle

AG.

4,119,322‌

126,612

Beiersdorf

AG.

13,056,828‌

197,132

Brenntag

AG.

13,847,555‌

49,410

Carl

Zeiss

Meditec

AG.

7,210,887‌

1,264,334

*

Commerzbank

AG.

8,662,114‌

132,252

Continental

AG.

9,421,785‌

238,348

g

Covestro

AG.

8,038,377‌

955,374

Daimler

AG.

(Registered)

56,342,209‌

540,950

*

Daimler

Truck

Holding

AG.

14,781,435‌

823,171

Deutsche

Annington

Immobilien

SE

27,427,887‌

2,487,342

Deutsche

Bank

AG.

(Registered)

21,756,660‌

230,677

Deutsche

Boerse

AG.

40,268,199‌

755,744

*,e

Deutsche

Lufthansa

AG.

4,652,248‌

1,178,845

Deutsche

Post

AG.

47,082,907‌

3,882,987

Deutsche

Telekom

AG.

73,772,772‌

2,647,789

E.ON

AG.

23,801,240‌

243,000

Evonik

Industries

AG.

5,183,114‌

237,697

Fresenius

Medical

Care

AG.

8,812,253‌

494,148

Fresenius

SE

12,644,731‌

176,250

GEA

Group

AG.

6,578,987‌

71,756

Hannover

Rueckversicherung

AG.

10,178,375‌

176,566

HeidelbergCement

AG.

8,993,742‌

201,550

*

HelloFresh

SE

5,570,787‌

136,988

Henkel

KGaA

8,637,750‌

218,426

Henkel

KGaA

(Preference)

13,953,773‌

1,553,513

Infineon

Technologies

AG.

42,604,264‌

92,616

KION

Group

AG.

4,224,457‌

81,894

Knorr-Bremse

AG.

4,878,880‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

242

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

GERMANY—continued

87,056

LEG

Immobilien

AG.

$

7,908,624‌

156,729

Merck

KGaA

29,850,702‌

61,984

MTU

Aero

Engines

Holding

AG.

11,982,336‌

167,558

Muenchener

Rueckver

AG.

37,986,403‌

69,422

Nemetschek

AG.

4,647,564‌

185,868

Porsche

AG.

13,453,444‌

130,292

Puma

AG.

Rudolf

Dassler

Sport

8,797,806‌

5,671

Rational

AG.

3,952,943‌

52,719

Rheinmetall

AG.

9,667,456‌

767,740

RWE

AG.

31,583,246‌

1,261,187

SAP

AG.

117,634,326‌

28,882

Sartorius

AG.

12,918,896‌

93,975

g

Scout24

AG.

5,372,408‌

917,968

Siemens

AG.

102,393,787‌

535,267

Siemens

Energy

AG.

8,894,792‌

334,983

g

Siemens

Healthineers

AG.

17,165,744‌

164,082

Symrise

AG.

19,146,007‌

1,202,026

Telefonica

Deutschland

Holding

AG.

3,195,741‌

98,243

e

Uniper

SE

656,400‌

119,483

United

Internet

AG.

3,147,322‌

62,078

Volkswagen

AG.

12,295,641‌

186,856

Volkswagen

AG.

(Preference)

26,419,540‌

279,429

*,g

Zalando

SE

7,866,798‌

TOTAL

GERMANY

1,286,387,154‌

HONG

KONG

-

2

.7

%

14,581,947

AIA

Group

Ltd

146,499,623‌

2,373,789

CK

Asset

Holdings

Ltd

16,805,778‌

750,044

CK

Infrastructure

Holdings

Ltd

4,703,356‌

1,941,882

CLP

Holdings

Ltd

16,466,324‌

2,237,237

Hang

Lung

Properties

Ltd

4,081,826‌

892,610

Hang

Seng

Bank

Ltd

14,398,349‌

1,680,728

Henderson

Land

Development

Co

Ltd

5,850,859‌

3,352,611

HK

Electric

Investments

&

HK

Electric

Investments

Ltd

3,032,337‌

4,488,835

HKT

Trust

and

HKT

Ltd

6,289,375‌

13,450,292

Hong

Kong

&

China

Gas

Ltd

14,205,286‌

1,607,927

Hong

Kong

Electric

Holdings

Ltd

10,528,295‌

1,435,464

Hong

Kong

Exchanges

and

Clearing

Ltd

65,874,066‌

1,348,870

Hongkong

Land

Holdings

Ltd

7,011,507‌

257,877

Jardine

Matheson

Holdings

Ltd

13,619,984‌

2,494,802

Link

REIT

20,892,293‌

1,979,188

MTR

Corp

10,480,799‌

1,767,588

New

World

Development

Co

Ltd

5,910,632‌

3,303,522

Prudential

plc

40,746,915‌

3,998,833

Sino

Land

Co

5,941,614‌

1,717,971

Sun

Hung

Kai

Properties

Ltd

20,507,644‌

603,112

Swire

Pacific

Ltd

(Class

A)

3,434,795‌

1,552,234

Swire

Properties

Ltd

3,698,554‌

1,663,660

Techtronic

Industries

Co

18,461,004‌

9,175,105

g

WH

Group

Ltd

6,948,646‌

2,002,426

Wharf

Real

Estate

Investment

Co

Ltd

8,913,213‌

TOTAL

HONG

KONG

475,303,074‌

IRELAND

-

0

.6

%

166,970

*

AerCap

Holdings

NV

7,490,274‌

925,657

CRH

plc

35,521,292‌

200,408

*

Flutter

Entertainment

plc

20,120,845‌

194,066

Kerry

Group

plc

(Class

A)

20,483,882‌

182,618

Kingspan

Group

plc

11,820,512‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

243

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

IRELAND—continued

300,299

Smurfit

Kappa

Group

plc

$

10,885,057‌

TOTAL

IRELAND

106,321,862‌

ISRAEL

-

0

.7

%

47,744

Azrieli

Group

3,827,013‌

1,521,097

Bank

Hapoalim

Ltd

14,176,630‌

1,835,937

Bank

Leumi

Le-Israel

17,851,933‌

122,454

*

Check

Point

Software

Technologies

15,257,768‌

32,969

Elbit

Systems

Ltd

7,607,049‌

862,211

Israel

Chemicals

Ltd

7,856,826‌

1,452,870

Israel

Discount

Bank

Ltd

8,260,813‌

63,896

*

Kornit

Digital

Ltd

1,738,610‌

177,678

Mizrahi

Tefahot

Bank

Ltd

6,605,364‌

75,351

*

Nice

Systems

Ltd

16,087,236‌

1,361,110

*

Teva

Pharmaceutical

Industries

Ltd

(ADR)

12,767,212‌

125,937

*

Tower

Semiconductor

Ltd

(Tel

Aviv)

6,003,157‌

68,996

*

Wix.com

Ltd

4,093,533‌

107,784

ZIM

Integrated

Shipping

Services

Ltd

5,369,799‌

TOTAL

ISRAEL

127,502,943‌

ITALY

-

1

.8

%

145,703

Amplifon

S.p.A.

4,818,126‌

1,305,712

Assicurazioni

Generali

S.p.A.

19,519,930‌

593,520

Autostrade

S.p.A.

13,716,625‌

239,999

Coca-Cola

HBC

AG.

5,906,761‌

684,926

Davide

Campari-Milano

NV

7,603,953‌

28,663

DiaSorin

S.p.A.

3,985,373‌

9,734,150

Enel

S.p.A.

49,072,422‌

3,012,516

ENI

S.p.A.

36,212,187‌

151,118

Ferrari

NV

32,091,756‌

747,818

FinecoBank

Banca

Fineco

S.p.A

9,293,855‌

415,047

g

Infrastrutture

Wireless

Italiane

S.p.A

4,361,469‌

19,622,907

Intesa

Sanpaolo

S.p.A.

34,846,521‌

712,992

Mediobanca

S.p.A.

6,115,126‌

243,969

Moncler

S.p.A

12,229,890‌

633,828

*,g

Nexi

S.p.A

5,756,451‌

616,962

g

Poste

Italiane

S.p.A

5,182,674‌

298,114

Prysmian

S.p.A.

9,479,100‌

132,191

Recordati

S.p.A.

5,862,577‌

2,544,707

Snam

Rete

Gas

S.p.A.

12,768,149‌

10,444,730

e

Telecom

Italia

S.p.A.

2,317,261‌

1,763,992

Terna

Rete

Elettrica

Nazionale

S.p.A.

13,504,776‌

2,509,390

UniCredit

S.p.A.

24,817,079‌

TOTAL

ITALY

319,462,061‌

JAPAN

-

22

.0

%

227,977

Advantest

Corp

13,559,384‌

766,177

e

Aeon

Co

Ltd

15,451,425‌

179,842

Aisin

Seiki

Co

Ltd

5,341,053‌

537,522

Ajinomoto

Co,

Inc

14,145,417‌

208,059

*

All

Nippon

Airways

Co

Ltd

3,884,186‌

537,359

Asahi

Breweries

Ltd

18,682,006‌

237,708

Asahi

Glass

Co

Ltd

8,665,223‌

257,552

Asahi

Intecc

Co

Ltd

4,764,718‌

1,453,339

Asahi

Kasei

Corp

11,659,273‌

2,231,903

Astellas

Pharma,

Inc

34,954,691‌

142,058

Azbil

Corp

4,276,392‌

240,698

Bandai

Namco

Holdings

Inc

18,803,906‌

671,987

Bridgestone

Corp

26,211,427‌

280,551

Brother

Industries

Ltd

5,255,122‌

1,220,398

e

Canon,

Inc

28,871,955‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

244

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

209,514

Capcom

Co

Ltd

$

5,823,972‌

168,828

Central

Japan

Railway

Co

19,769,231‌

727,512

Chiba

Bank

Ltd

4,035,404‌

781,317

Chubu

Electric

Power

Co,

Inc

8,334,629‌

799,227

Chugai

Pharmaceutical

Co

Ltd

22,452,512‌

1,540,511

Concordia

Financial

Group

Ltd

5,240,815‌

518,776

CyberAgent,

Inc

5,176,554‌

256,375

Dai

Nippon

Printing

Co

Ltd

5,657,511‌

122,634

Daifuku

Co

Ltd

7,819,944‌

1,209,566

Dai-ichi

Mutual

Life

Insurance

Co

21,040,253‌

2,095,942

Daiichi

Sankyo

Co

Ltd

55,573,280‌

298,711

Daikin

Industries

Ltd

52,387,406‌

76,183

Daito

Trust

Construction

Co

Ltd

7,222,343‌

713,363

Daiwa

House

Industry

Co

Ltd

17,625,822‌

2,545

*

Daiwa

House

REIT

Investment

Corp

6,125,294‌

1,629,391

*

Daiwa

Securities

Group,

Inc

7,521,635‌

515,178

Denso

Corp

28,177,692‌

264,310

Dentsu,

Inc

9,232,759‌

33,509

Disco

Corp

8,187,244‌

473,384

Don

Quijote

Co

Ltd

7,370,811‌

359,665

East

Japan

Railway

Co

18,777,017‌

301,645

Eisai

Co

Ltd

13,813,782‌

3,674,459

ENEOS

Holdings,

Inc

14,214,285‌

227,498

*

Fanuc

Ltd

39,234,410‌

70,481

Fast

Retailing

Co

Ltd

42,682,609‌

147,843

*

Fuji

Electric

Holdings

Co

Ltd

6,677,459‌

742,664

Fuji

Heavy

Industries

Ltd

12,923,025‌

426,473

Fujifilm

Holdings

Corp

24,361,000‌

236,615

Fujitsu

Ltd

31,721,162‌

5,429

*

GLP

J-Reit

7,139,971‌

48,915

GMO

Payment

Gateway,

Inc

4,064,979‌

305,011

Hakuhodo

DY

Holdings,

Inc

3,137,236‌

161,887

Hamamatsu

Photonics

KK

7,356,287‌

262,003

Hankyu

Hanshin

Holdings,

Inc

7,599,849‌

22,709

Hikari

Tsushin,

Inc

2,502,264‌

38,570

Hirose

Electric

Co

Ltd

5,541,176‌

124,363

*

Hitachi

Construction

Machinery

Co

Ltd

2,743,680‌

1,158,600

*

Hitachi

Ltd

58,657,653‌

247,600

*

Hitachi

Metals

Ltd

3,807,309‌

1,938,596

Honda

Motor

Co

Ltd

49,680,744‌

145,650

Hoshizaki

Electric

Co

Ltd

4,345,033‌

442,894

*

Hoya

Corp

44,374,274‌

462,985

Hulic

Co

Ltd

3,713,181‌

150,186

Ibiden

Co

Ltd

4,432,220‌

282,073

Idemitsu

Kosan

Co

Ltd

7,335,252‌

165,373

Iida

Group

Holdings

Co

Ltd

2,707,555‌

1,248,392

Inpex

Holdings,

Inc

14,308,785‌

701,224

Isuzu

Motors

Ltd

7,691,446‌

65,619

Ito

En

Ltd

3,092,053‌

1,425,182

Itochu

Corp

41,486,565‌

118,271

Itochu

Techno-Science

Corp

3,169,626‌

191,876

*

Japan

Airlines

Co

Ltd

3,323,908‌

591,915

Japan

Post

Bank

Co

Ltd

4,735,118‌

3,052,218

Japan

Post

Holdings

Co

Ltd

21,975,454‌

291,763

Japan

Post

Insurance

Co

Ltd

4,717,181‌

1,441

*

Japan

Real

Estate

Investment

Corp

6,958,533‌

8,287

*

Japan

Retail

Fund

Investment

Corp

6,753,000‌

1,458,791

Japan

Tobacco,

Inc

26,193,484‌

593,749

JFE

Holdings,

Inc

6,694,429‌

216,680

JSR

Corp

6,001,591‌

525,748

Kajima

Corp

6,001,782‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

245

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

178,874

Kakaku.com,

Inc

$

3,503,540‌

860,919

Kansai

Electric

Power

Co,

Inc

8,728,623‌

574,378

Kao

Corp

24,982,223‌

1,940,123

KDDI

Corp

62,204,841‌

128,936

Keio

Corp

4,936,972‌

159,268

Keisei

Electric

Railway

Co

Ltd

4,366,624‌

232,886

Keyence

Corp

92,302,526‌

174,465

Kikkoman

Corp

10,344,852‌

222,460

Kintetsu

Corp

7,351,622‌

998,527

Kirin

Brewery

Co

Ltd

16,424,122‌

62,079

Kobayashi

Pharmaceutical

Co

Ltd

4,135,696‌

181,811

Kobe

Bussan

Co

Ltd

5,182,550‌

70,142

e

Koei

Tecmo

Holdings

Co

Ltd

2,448,681‌

127,009

*

Koito

Manufacturing

Co

Ltd

4,175,001‌

1,112,005

Komatsu

Ltd

25,707,745‌

108,777

Konami

Corp

6,429,311‌

37,285

e

Kose

Corp

3,328,130‌

1,234,554

Kubota

Corp

20,497,719‌

122,358

Kurita

Water

Industries

Ltd

4,962,786‌

375,636

Kyocera

Corp

20,881,179‌

326,412

Kyowa

Hakko

Kogyo

Co

Ltd

7,695,237‌

92,044

Lasertec

Corp

13,177,945‌

350,452

LIXIL

Group

Corp

7,252,687‌

520,392

M3,

Inc

18,130,411‌

257,369

Makita

Corp

6,289,700‌

1,864,173

Marubeni

Corp

17,341,033‌

656,506

Mazda

Motor

Corp

5,534,063‌

100,715

McDonald's

Holdings

Co

Japan

Ltd

3,780,381‌

132,226

MEIJI

Holdings

Co

Ltd

6,903,520‌

429,791

e

Minebea

Co

Ltd

7,731,134‌

341,743

MISUMI

Group,

Inc

8,501,985‌

1,468,641

Mitsubishi

Chemical

Holdings

Corp

8,258,942‌

1,511,162

Mitsubishi

Corp

44,910,642‌

2,275,934

Mitsubishi

Electric

Corp

24,020,723‌

1,409,006

Mitsubishi

Estate

Co

Ltd

20,926,004‌

383,089

Mitsubishi

Heavy

Industries

Ltd

14,225,037‌

14,233,288

Mitsubishi

UFJ

Financial

Group,

Inc

80,197,344‌

788,133

Mitsubishi

UFJ

Lease

&

Finance

Co

Ltd

3,819,214‌

1,661,654

Mitsui

&

Co

Ltd

36,659,847‌

217,560

Mitsui

Chemicals,

Inc

4,582,735‌

1,094,391

Mitsui

Fudosan

Co

Ltd

24,458,996‌

424,400

Mitsui

OSK

Lines

Ltd

11,637,431‌

2,886,188

Mizuho

Financial

Group,

Inc

34,421,756‌

291,596

MonotaRO

Co

Ltd

5,206,544‌

524,023

MS&AD

Insurance

Group

Holdings

Inc

16,994,767‌

683,732

Murata

Manufacturing

Co

Ltd

39,937,262‌

286,839

NEC

Corp

10,588,498‌

585,083

Nexon

Co

Ltd

13,282,614‌

284,989

NGK

Insulators

Ltd

4,168,313‌

534,935

Nidec

Corp

37,174,797‌

362,788

Nihon

M&A

Center,

Inc

4,854,842‌

132,413

Nintendo

Co

Ltd

59,211,525‌

1,767

*

Nippon

Building

Fund,

Inc

9,373,488‌

91,987

Nippon

Express

Holdings,

Inc

5,496,720‌

1,044,485

Nippon

Paint

Co

Ltd

7,984,225‌

2,708

*

Nippon

ProLogis

REIT,

Inc

7,042,170‌

56,773

Nippon

Shinyaku

Co

Ltd

3,513,770‌

967,038

Nippon

Steel

Corp

14,389,747‌

1,447,636

Nippon

Telegraph

&

Telephone

Corp

41,352,183‌

191,772

Nippon

Yusen

Kabushiki

Kaisha

15,063,942‌

148,825

Nissan

Chemical

Industries

Ltd

7,609,888‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

246

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

2,854,964

*

Nissan

Motor

Co

Ltd

$

10,857,031‌

263,720

Nisshin

Seifun

Group,

Inc

3,246,246‌

72,565

Nissin

Food

Products

Co

Ltd

5,255,598‌

98,576

Nitori

Co

Ltd

10,429,200‌

169,641

Nitto

Denko

Corp

10,924,077‌

3,489,450

*

Nomura

Holdings,

Inc

13,314,036‌

136,462

Nomura

Real

Estate

Holdings,

Inc

3,310,481‌

5,150

*

Nomura

Real

Estate

Master

Fund,

Inc

6,451,870‌

414,137

Nomura

Research

Institute

Ltd

12,442,456‌

747,077

NTT

Data

Corp

11,307,010‌

769,476

Obayashi

Corp

5,659,062‌

86,950

Obic

Co

Ltd

13,900,664‌

340,560

Odakyu

Electric

Railway

Co

Ltd

4,884,453‌

1,035,727

OJI

Paper

Co

Ltd

4,318,106‌

1,480,340

Olympus

Corp

31,682,467‌

216,817

Omron

Corp

12,126,140‌

445,170

Ono

Pharmaceutical

Co

Ltd

12,517,690‌

101,200

Open

House

Co

Ltd

4,414,871‌

46,531

*

Oracle

Corp

Japan

2,902,055‌

239,733

Oriental

Land

Co

Ltd

36,398,350‌

1,410,691

ORIX

Corp

25,141,080‌

433,006

Osaka

Gas

Co

Ltd

7,784,624‌

609,853

Osaka

Securities

Exchange

Co

Ltd

9,697,108‌

140,901

Otsuka

Corp

4,394,094‌

484,861

Otsuka

Holdings

KK

17,320,665‌

2,616,234

Panasonic

Corp

21,599,982‌

226,656

Persol

Holdings

Co

Ltd

4,692,182‌

999,799

*

Rakuten,

Inc

4,956,541‌

1,731,248

Recruit

Holdings

Co

Ltd

64,701,986‌

1,400,972

*

Renesas

Electronics

Corp

13,344,045‌

2,494,834

Resona

Holdings,

Inc

9,695,541‌

662,388

Ricoh

Co

Ltd

5,327,626‌

101,844

Rohm

Co

Ltd

7,557,905‌

294,044

*

SBI

Holdings,

Inc

5,965,396‌

251,653

Secom

Co

Ltd

16,807,921‌

333,534

Seiko

Epson

Corp

5,010,572‌

444,518

Sekisui

Chemical

Co

Ltd

6,254,129‌

719,911

e

Sekisui

House

Ltd

12,750,629‌

901,148

e

Seven

&

I

Holdings

Co

Ltd

36,730,979‌

365,924

SG

Holdings

Co

Ltd

6,983,489‌

312,932

e

Sharp

Corp

2,518,790‌

301,446

Shimadzu

Corp

10,725,125‌

87,778

Shimano,

Inc

14,662,982‌

659,871

Shimizu

Corp

3,740,572‌

450,046

Shin-Etsu

Chemical

Co

Ltd

57,648,296‌

320,533

Shionogi

&

Co

Ltd

16,440,601‌

482,838

Shiseido

Co

Ltd

19,860,680‌

644,319

Shizuoka

Bank

Ltd

3,899,043‌

69,051

SMC

Corp

34,030,837‌

3,474,677

Softbank

Corp

40,175,089‌

1,445,025

Softbank

Group

Corp

60,700,839‌

366,059

Sompo

Holdings,

Inc

16,337,655‌

1,512,032

Sony

Corp

128,262,513‌

101,211

Square

Enix

Co

Ltd

4,696,169‌

405,772

Sumco

Corp

5,677,854‌

200,264

Sumisho

Computer

Systems

Corp

3,526,698‌

1,819,119

Sumitomo

Chemical

Co

Ltd

7,149,010‌

1,349,155

Sumitomo

Corp

18,969,054‌

870,794

Sumitomo

Electric

Industries

Ltd

9,708,297‌

300,142

Sumitomo

Metal

Mining

Co

Ltd

9,437,606‌

1,552,245

Sumitomo

Mitsui

Financial

Group,

Inc

48,697,170‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

247

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

JAPAN—continued

398,902

Sumitomo

Mitsui

Trust

Holdings,

Inc

$

13,103,630‌

363,722

Sumitomo

Realty

&

Development

Co

Ltd

10,043,478‌

165,591

Suntory

Beverage

&

Food

Ltd

6,533,797‌

439,593

*

Suzuki

Motor

Corp

14,409,564‌

202,703

Sysmex

Corp

14,191,607‌

619,930

T&D

Holdings,

Inc

7,016,392‌

220,385

Taisei

Corp

7,031,781‌

199,972

Taiyo

Nippon

Sanso

Corp

3,372,063‌

1,820,909

Takeda

Pharmaceutical

Co

Ltd

53,425,819‌

467,095

TDK

Corp

14,710,992‌

769,562

Terumo

Corp

26,275,610‌

261,029

TIS,

Inc

7,401,248‌

249,323

Tobu

Railway

Co

Ltd

5,920,145‌

143,197

Toho

Co

Ltd

5,686,459‌

751,346

Tokio

Marine

Holdings,

Inc

43,983,734‌

1,813,146

*

Tokyo

Electric

Power

Co,

Inc

7,135,390‌

178,953

Tokyo

Electron

Ltd

61,594,449‌

477,129

Tokyo

Gas

Co

Ltd

9,371,246‌

613,258

Tokyu

Corp

7,519,510‌

316,828

Toppan

Printing

Co

Ltd

5,390,971‌

1,623,540

Toray

Industries,

Inc

8,892,676‌

465,511

Toshiba

Corp

18,884,628‌

323,339

Tosoh

Corp

4,214,788‌

164,497

Toto

Ltd

5,603,073‌

174,167

Toyota

Industries

Corp

10,604,933‌

12,705,150

*

Toyota

Motor

Corp

206,217,592‌

252,241

Toyota

Tsusho

Corp

8,608,844‌

158,566

*

Trend

Micro,

Inc

9,214,937‌

491,116

Uni-Charm

Corp

17,789,320‌

253,161

USS

Co

Ltd

4,967,656‌

132,215

Welcia

Holdings

Co

Ltd

2,953,009‌

261,506

West

Japan

Railway

Co

9,605,302‌

152,885

Yakult

Honsha

Co

Ltd

9,310,618‌

162,216

Yamaha

Corp

6,919,169‌

356,887

Yamaha

Motor

Co

Ltd

6,894,033‌

339,006

Yamato

Transport

Co

Ltd

5,932,266‌

297,269

e

Yaskawa

Electric

Corp

10,411,517‌

255,736

Yokogawa

Electric

Corp

4,535,036‌

3,196,936

Z

Holdings

Corp

11,298,734‌

161,304

ZOZO

Inc

3,484,438‌

TOTAL

JAPAN

3,862,928,152‌

JORDAN

-

0

.0

%

208,856

Hikma

Pharmaceuticals

plc

4,414,589‌

TOTAL

JORDAN

4,414,589‌

KOREA,

REPUBLIC

OF

-

0

.1

%

195,786

*,g

Delivery

Hero

AG.

9,445,960‌

TOTAL

KOREA,

REPUBLIC

OF

9,445,960‌

LUXEMBOURG

-

0

.2

%

745,962

ArcelorMittal

18,405,817‌

155,376

Eurofins

Scientific

SE

12,112,859‌

TOTAL

LUXEMBOURG

30,518,676‌

MACAU

-

0

.1

%

2,556,914

Galaxy

Entertainment

Group

Ltd

15,211,267‌

3,047,622

*

Sands

China

Ltd

7,148,319‌

TOTAL

MACAU

22,359,586‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

248

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

NETHERLANDS

-

5

.3

%

524,430

g

ABN

AMRO

Group

NV

$

5,348,081‌

26,026

*,g

Adyen

NV

46,814,836‌

2,243,833

Aegon

NV

9,855,373‌

213,309

Akzo

Nobel

NV

14,355,799‌

1,564

*

Argenx

SE

571,331‌

56,954

*

Argenx

SE

20,792,547‌

56,741

ASM

International

NV

17,429,226‌

488,191

ASML

Holding

NV

280,591,623‌

206,887

DSM

NV

33,132,757‌

99,454

g

Euronext

NV

8,103,369‌

129,378

EXOR

NV

9,099,468‌

116,392

Heineken

Holding

NV

9,197,151‌

305,393

Heineken

NV

30,107,720‌

65,796

IMCD

Group

NV

10,537,156‌

4,665,782

ING

Groep

NV

45,322,585‌

137,705

JDE

Peet's

BV

3,993,775‌

1,254,417

Koninklijke

Ahold

Delhaize

NV

34,545,044‌

3,943,304

e

Koninklijke

KPN

NV

13,008,922‌

1,043,097

Koninklijke

Philips

Electronics

NV

21,588,195‌

340,862

NN

Group

NV

15,994,061‌

121,639

OCI

NV

4,222,897‌

146,500

Randstad

Holdings

NV

7,404,547‌

9,120,584

Shell

plc

243,303,549‌

860,363

Universal

Music

Group

NV

19,475,605‌

312,422

Wolters

Kluwer

NV

33,929,736‌

TOTAL

NETHERLANDS

938,725,353‌

NEW

ZEALAND

-

0

.2

%

1,435,850

*

Auckland

International

Airport

Ltd

6,742,313‌

685,129

Fisher

&

Paykel

Healthcare

Corp

9,161,972‌

825,078

Mercury

NZ

Ltd

3,155,854‌

1,446,567

Meridian

Energy

Ltd

4,539,681‌

2,386,400

Telecom

Corp

of

New

Zealand

Ltd

7,673,648‌

157,840

*

Xero

Ltd

10,398,292‌

TOTAL

NEW

ZEALAND

41,671,760‌

NORWAY

-

0

.8

%

224,800

*

Aker

BP

ASA

7,810,981‌

163,818

e

Aker

BP

ASA

5,692,077‌

1,089,545

DNB

Bank

ASA

21,492,112‌

1,178,683

*

Equinor

ASA

45,383,872‌

276,575

Gjensidige

Forsikring

BA

5,784,774‌

103,238

Kongsberg

Gruppen

ASA

3,804,189‌

477,625

Mowi

ASA

11,021,239‌

1,643,120

Norsk

Hydro

ASA

11,132,517‌

924,299

Orkla

ASA

7,978,800‌

76,156

Salmar

ASA

5,454,956‌

873,918

Telenor

ASA

10,612,989‌

TOTAL

NORWAY

136,168,506‌

PORTUGAL

-

0

.2

%

3,242,177

Energias

de

Portugal

S.A.

16,401,858‌

567,196

Galp

Energia

SGPS

S.A.

5,987,082‌

343,508

Jeronimo

Martins

SGPS

S.A.

7,951,161‌

TOTAL

PORTUGAL

30,340,101‌

SINGAPORE

-

1

.6

%

4,047,206

Ascendas

REIT

8,711,442‌

3,003,701

Capitaland

Investment

Ltd

8,546,514‌

6,104,000

CapitaMall

Trust

9,642,610‌

481,243

City

Developments

Ltd

2,703,736‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

249

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

SINGAPORE—continued

2,154,370

DBS

Group

Holdings

Ltd

$

49,159,161‌

6,847,039

Genting

Singapore

Ltd

3,998,930‌

1,402,986

*

Grab

Holdings

Ltd

4,138,809‌

1,681,581

Keppel

Corp

Ltd

8,401,486‌

2,849,701

Mapletree

Commercial

Trust

3,925,384‌

3,868,090

Mapletree

Logistics

Trust

4,936,816‌

4,053,331

Oversea-Chinese

Banking

Corp

34,350,754‌

433,100

*

Sea

Ltd

(ADR)

33,054,192‌

1,601,622

*,e

Singapore

Airlines

Ltd

6,336,256‌

1,112,847

Singapore

Exchange

Ltd

7,977,545‌

2,113,777

Singapore

Technologies

Engineering

Ltd

6,163,265‌

10,194,402

Singapore

Telecommunications

Ltd

19,278,357‌

820,314

*

STMicroelectronics

NV

31,043,573‌

1,397,138

United

Overseas

Bank

Ltd

27,874,766‌

561,591

UOL

Group

Ltd

3,034,208‌

297,278

Venture

Corp

Ltd

3,787,387‌

TOTAL

SINGAPORE

277,065,191‌

SOUTH

AFRICA

-

0

.3

%

1,530,141

Anglo

American

plc

55,306,715‌

TOTAL

SOUTH

AFRICA

55,306,715‌

SPAIN

-

2

.3

%

31,785

e

Acciona

S.A.

6,540,415‌

294,358

e

ACS

Actividades

de

Construccion

y

Servicios

S.A.

7,075,665‌

96,045

*,g

Aena

S.A.

12,148,698‌

540,031

*

Amadeus

IT

Holding

S.A.

31,489,316‌

7,964,556

Banco

Bilbao

Vizcaya

Argentaria

S.A.

36,092,733‌

20,909,750

Banco

Santander

S.A.

52,313,483‌

5,243,167

CaixaBank

S.A.

15,743,836‌

653,084

g

Cellnex

Telecom

SAU

29,211,849‌

347,507

EDP

Renovaveis

S.A.

9,038,407‌

320,573

e

Enagas

6,327,680‌

409,413

Endesa

S.A.

7,504,303‌

576,765

Ferrovial

S.A.

15,444,684‌

354,371

e

Grifols

S.A.

5,170,848‌

6,769,919

Iberdrola

S.A.

72,292,400‌

188,053

*

Iberdrola

S.A.

2,008,125‌

1,290,803

Industria

De

Diseno

Textil

S.A.

31,349,674‌

185,055

e

Naturgy

Energy

Group

S.A.

5,428,049‌

495,405

Red

Electrica

Corp

S.A.

9,739,852‌

1,705,401

Repsol

YPF

S.A.

21,246,319‌

283,599

*

Siemens

Gamesa

Renewable

Energy

5,218,011‌

6,327,016

Telefonica

S.A.

28,241,842‌

TOTAL

SPAIN

409,626,189‌

SWEDEN

-

3

.3

%

359,662

Alfa

Laval

AB

10,754,545‌

1,190,863

Assa

Abloy

AB

28,135,354‌

3,175,493

*

Atlas

Copco

AB

37,119,479‌

1,848,120

*

Atlas

Copco

AB

19,197,694‌

334,725

Boliden

AB

11,186,130‌

283,004

e

Electrolux

AB

4,081,999‌

737,520

*,e

Embracer

Group

AB

5,620,289‌

803,694

Epiroc

AB

14,210,664‌

479,740

Epiroc

AB

7,619,989‌

367,623

EQT

AB

9,978,499‌

3,532,243

Ericsson

(LM)

(B

Shares)

26,867,100‌

727,009

Essity

AB

18,506,069‌

221,663

g

Evolution

Gaming

Group

AB

21,508,134‌

804,123

*

Fastighets

AB

Balder

5,136,797‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

250

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

SWEDEN—continued

283,901

Getinge

AB

(B

Shares)

$

6,406,486‌

869,397

e

Hennes

&

Mauritz

AB

(B

Shares)

11,123,533‌

2,316,982

Hexagon

AB

27,281,403‌

108,311

Holmen

AB

4,450,708‌

537,425

Husqvarna

AB

(B

Shares)

4,283,133‌

194,442

Industrivarden

AB

5,016,652‌

157,747

Industrivarden

AB

4,115,940‌

315,359

Indutrade

AB

7,412,057‌

183,086

Investment

AB

Latour

4,555,422‌

2,166,676

Investor

AB

40,433,899‌

603,919

Investor

AB

12,416,739‌

302,721

*

Kinnevik

AB

5,452,572‌

286,794

Lifco

AB

5,582,731‌

81,629

Lundbergs

AB

(B

Shares)

3,874,070‌

1,816,824

Nibe

Industrier

AB

18,302,875‌

244,748

Sagax

AB

6,307,669‌

1,260,131

Sandvik

AB

23,219,400‌

394,635

e

Securitas

AB

(B

Shares)

3,990,674‌

1,912,531

Skandinaviska

Enskilda

Banken

AB

(Class

A)

20,719,265‌

417,080

Skanska

AB

(B

Shares)

7,115,365‌

450,540

SKF

AB

(B

Shares)

7,582,335‌

707,738

Svenska

Cellulosa

AB

(B

Shares)

10,346,831‌

1,718,155

Svenska

Handelsbanken

AB

15,449,497‌

1,066,074

Swedbank

AB

(A

Shares)

14,765,290‌

1,875,781

Swedish

Match

AB

19,636,651‌

195,018

*

Swedish

Orphan

Biovitrum

AB

4,282,787‌

699,098

Tele2

AB

(B

Shares)

7,986,240‌

3,276,575

TeliaSonera

AB

12,104,804‌

235,339

Volvo

AB

(A

Shares)

4,385,195‌

1,806,197

Volvo

AB

(B

Shares)

32,428,501‌

750,189

*,e

Volvo

Car

AB

5,585,740‌

TOTAL

SWEDEN

576,537,206‌

SWITZERLAND

-

6

.0

%

1,975,255

ABB

Ltd

60,046,961‌

191,716

Adecco

S.A.

6,753,580‌

600,152

Alcon,

Inc

47,234,412‌

33,790

Bachem

Holding

AG.

2,278,577‌

53,411

Baloise

Holding

AG.

8,509,925‌

4,153

Barry

Callebaut

AG.

9,201,645‌

627,231

Cie

Financiere

Richemont

S.A.

75,629,946‌

259,142

Clariant

AG.

4,855,166‌

3,186,051

Credit

Suisse

Group

18,531,875‌

8,107

EMS-Chemie

Holding

AG.

6,437,644‌

42,644

Geberit

AG.

22,459,599‌

10,988

Givaudan

S.A.

38,409,177‌

662,330

Holcim

Ltd

31,055,756‌

265,409

Julius

Baer

Group

Ltd

13,724,311‌

64,640

Kuehne

&

Nagel

International

AG.

17,408,930‌

1,248

Lindt

&

Spruengli

AG.

13,801,210‌

130

Lindt

&

Spruengli

AG.

(Registered)

14,991,872‌

210,156

e

Logitech

International

S.A.

11,823,831‌

89,074

Lonza

Group

AG.

54,134,841‌

2,624,451

Novartis

AG.

225,518,102‌

26,742

Partners

Group

29,195,470‌

47,857

Schindler

Holding

AG.

9,354,072‌

27,105

Schindler

Holding

AG.

(Registered)

5,146,880‌

7,617

SGS

S.A.

18,589,041‌

175,692

Sika

AG.

43,411,289‌

65,383

Sonova

Holdings

AG

23,549,764‌

132,696

Straumann

Holding

AG.

17,947,199‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

251

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

SWITZERLAND—continued

37,347

Swatch

Group

AG.

$

9,942,399‌

52,219

Swatch

Group

AG.

(Registered)

2,607,748‌

38,081

Swiss

Life

Holding

20,172,887‌

88,576

Swiss

Prime

Site

AG.

8,066,048‌

31,955

Swisscom

AG.

17,276,066‌

79,184

Temenos

Group

AG.

6,285,033‌

4,234,285

UBS

Group

AG

69,189,583‌

33,182

g

VAT

Group

AG.

9,661,648‌

5,692

e

Vifor

Pharma

AG.

1,019,539‌

52,364

Vifor

Pharma

AG.

9,148,640‌

180,362

Zurich

Insurance

Group

AG

78,733,122‌

TOTAL

SWITZERLAND

1,062,103,788‌

UNITED

ARAB

EMIRATES

-

0

.0

%

121,704

*,†

NMC

Health

plc

1,482‌

TOTAL

UNITED

ARAB

EMIRATES

1,482‌

UNITED

KINGDOM

-

12

.0

%

1,174,787

3i

Group

plc

18,253,544‌

207,510

Admiral

Group

plc

4,849,836‌

538,743

Ashtead

Group

plc

30,325,686‌

411,313

Associated

British

Foods

plc

8,401,218‌

1,860,881

AstraZeneca

plc

244,782,533‌

1,134,082

g

Auto

Trader

Group

plc

8,743,220‌

146,175

Aveva

Group

plc

4,228,916‌

3,410,302

*

Aviva

plc

16,515,490‌

3,772,914

BAE

Systems

plc

35,460,631‌

20,278,664

Barclays

plc

38,845,051‌

1,224,046

Barratt

Developments

plc

7,505,477‌

130,689

Berkeley

Group

Holdings

plc

6,772,756‌

23,340,751

BP

plc

114,235,696‌

2,627,980

British

American

Tobacco

plc

102,973,801‌

1,030,354

British

Land

Co

plc

6,195,248‌

8,229,432

BT

Group

plc

16,247,554‌

416,397

Bunzl

plc

15,627,650‌

471,357

Burberry

Group

plc

10,362,104‌

3,226,739

CK

Hutchison

Holdings

Ltd

21,403,853‌

1,236,127

CNH

Industrial

NV

15,924,601‌

241,510

Coca-Cola

European

Partners

plc

(Class

A)

13,070,521‌

2,121,872

Compass

Group

plc

49,729,113‌

163,387

Croda

International

plc

14,941,741‌

118,574

DCC

plc

7,741,614‌

2,794,754

Diageo

plc

132,392,685‌

725,280

*

Entain

PLC

10,672,533‌

1,090,684

Experian

Group

Ltd

38,187,305‌

6,096,037

*

Haleon

plc

21,662,511‌

451,679

Halma

plc

12,720,580‌

394,013

Hargreaves

Lansdown

plc

4,079,124‌

24,213,226

HSBC

Holdings

plc

151,670,604‌

1,089,316

Imperial

Tobacco

Group

plc

23,917,381‌

1,822,938

*

Informa

plc

13,257,578‌

222,739

InterContinental

Hotels

Group

plc

13,202,873‌

194,633

Intertek

Group

plc

10,402,199‌

2,238,462

J

Sainsbury

plc

6,038,409‌

3,110,195

JD

Sports

Fashion

plc

4,940,115‌

223,163

Johnson

Matthey

plc

5,834,482‌

230,093

*,g

Just

Eat

Takeaway.com

NV

4,217,433‌

2,453,863

Kingfisher

plc

7,763,706‌

864,547

Land

Securities

Group

plc

7,725,617‌

7,134,663

Legal

&

General

Group

plc

22,784,667‌

84,606,684

Lloyds

TSB

Group

plc

46,843,175‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

252

TIAA-CREF

Funds

continued

SHARES

COMPANY

VALUE

UNITED

KINGDOM—continued

393,274

London

Stock

Exchange

Group

plc

$

38,380,663‌

3,132,430

M&G

plc

8,165,311‌

5,263,117

Melrose

Industries

plc

10,360,230‌

4,405,071

National

Grid

plc

60,656,037‌

6,844,151

Natwest

Group

plc

20,787,440‌

159,104

Next

plc

13,245,693‌

665,414

*

Ocado

Ltd

6,840,625‌

786,843

Pearson

plc

7,282,430‌

394,037

Persimmon

plc

9,088,940‌

865,530

Phoenix

Group

Holdings

plc

6,819,181‌

854,056

Reckitt

Benckiser

Group

plc

69,276,525‌

2,333,705

RELX

plc

69,099,700‌

2,200,035

Rentokil

Initial

plc

14,526,739‌

10,079,953

*

Rolls-Royce

Group

plc

11,016,772‌

1,187,825

Sage

Group

plc

10,236,810‌

148,634

Schroders

plc

5,391,208‌

1,254,529

e

Scottish

&

Southern

Energy

plc

27,095,810‌

1,414,605

Segro

plc

18,924,557‌

302,975

Severn

Trent

plc

10,892,504‌

1,049,738

Smith

&

Nephew

plc

13,458,852‌

466,815

Smiths

Group

plc

8,809,822‌

86,797

Spirax-Sarco

Engineering

plc

12,664,457‌

639,341

St.

James's

Place

plc

9,603,585‌

3,131,725

Standard

Chartered

plc

21,586,006‌

2,662,178

Standard

Life

Aberdeen

plc

5,397,359‌

4,386,426

Taylor

Wimpey

plc

6,827,378‌

8,956,932

Tesco

plc

28,726,095‌

3,066,033

Unilever

plc

149,324,660‌

833,729

United

Utilities

Group

plc

11,077,369‌

32,065,089

Vodafone

Group

plc

47,252,948‌

236,363

Whitbread

plc

7,523,392‌

1,342,680

WPP

plc

14,490,717‌

TOTAL

UNITED

KINGDOM

2,106,280,646‌

UNITED

STATES

-

5

.9

%

49,876

*

CyberArk

Software

Ltd

6,490,364‌

265,314

Ferguson

plc

33,376,154‌

4,876,829

GSK

plc

102,463,166‌

531,638

James

Hardie

Industries

NV

13,129,708‌

3,365,100

Nestle

S.A.

412,316,524‌

281,249

*

QIAGEN

NV

14,095,292‌

32,071

Roche

Holding

AG.

13,074,212‌

840,315

Roche

Holding

AG.

278,988,375‌

648,109

Schneider

Electric

S.A.

89,635,956‌

704,554

*,e,g

Sinch

AB

1,786,314‌

2,677,845

Stellantis

NV

38,454,529‌

359,513

Swiss

Re

Ltd

26,976,704‌

576,729

Tenaris

S.A.

8,070,765‌

TOTAL

UNITED

STATES

1,038,858,063‌

TOTAL

COMMON

STOCKS

17,232,192,084‌

(Cost

$15,920,885,492)

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

1.8%

GOVERNMENT

AGENCY

DEBT

-

1

.1

%

$

50,000,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

08/05/22

49,987,912‌

9,265,000

FHLB

0

.000

08/09/22

9,260,521‌

12,500,000

FHLB

0

.000

08/15/22

12,489,426‌

Portfolio

of

investments

(unaudited)

International

Equity

Index

Fund

July

31,

2022

253

TIAA-CREF

Funds

concluded

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

GOVERNMENT

AGENCY

DEBT—continued

$

33,891,000

FHLB

0

.000

%

08/19/22

$

33,854,144‌

40,000,000

FHLB

0

.000

09/07/22

39,905,668‌

25,000,000

FHLB

0

.000

09/09/22

24,938,490‌

10,000,000

FHLB

0

.000

09/15/22

9,971,332‌

5,000,000

FHLB

0

.000

12/21/22

4,947,351‌

TOTAL

GOVERNMENT

AGENCY

DEBT

185,354,844‌

REPURCHASE

AGREEMENT

-

0

.0

%

7,790,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.240

08/01/22

7,790,000‌

TOTAL

REPURCHASE

AGREEMENT

7,790,000‌

TREASURY

DEBT

-

0

.1

%

10,848,000

United

States

Treasury

Bill

0

.000

08/02/22

10,847,465‌

TOTAL

TREASURY

DEBT

10,847,465‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.6

%

115,859,416

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

115,859,416‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

115,859,416‌

TOTAL

SHORT-TERM

INVESTMENTS

319,851,725‌

(Cost

$319,888,323)

TOTAL

INVESTMENTS

-

99.7%

17,552,043,809‌

(Cost

$16,240,773,815)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.3%

47,066,329‌

NET

ASSETS

-

100.0%

$

17,599,110,138‌

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

$179,560,480.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$277,028,502

or

1.6%

of

net

assets.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.240%

dated

7/29/22

to

be

repurchased

at

$7,790,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.500%

and

maturity

date

11/30/28,

valued

at

$7,945,882.

Futures

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

MSCI

EAFE

Index

3,070‌

09/16/22

 $

288,730,936‌

$

299,647,350‌

$

10,916,414‌

Emerging

Markets

Debt

Fund

July

31,

2022

Portfolio

of

investments

(unaudited)

254

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

0.3%

CHILE

-

0

.3

%

$

1,840,000

i

Coral-US

Co-Borrower

LLC

LIBOR

1

M

+

3.000%

4

.999

%

10/15/29

$

1,788,259‌

TOTAL

CHILE

1,788,259‌

TOTAL

BANK

LOAN

OBLIGATIONS

1,788,259‌

(Cost

$1,826,200)

BONDS

-

92.3%

CORPORATE

BONDS

-

49.4%

ARGENTINA

-

0

.2

%

1,950,000

g

YPF

S.A.

6

.950

07/21/27

1,085,610‌

TOTAL

ARGENTINA

1,085,610‌

BRAZIL

-

3

.6

%

2,550,000

g

Arcos

Dorados

BV

6

.125

05/27/29

2,422,500‌

3,000,000

g

B3

S.A.-Brasil

Bolsa

Balcao

4

.125

09/20/31

2,520,780‌

2,500,000

g

Banco

BTG

Pactual

S.A.

2

.750

01/11/26

2,260,000‌

2,750,000

g

Itau

Unibanco

Holding

S.A.

4

.625

N/A‡

2,222,078‌

2,250,000

g

JSM

Global

Sarl

4

.750

10/20/30

1,749,375‌

1,925,000

g

Natura

&Co

Luxembourg

Holdings

Sarl

6

.000

04/19/29

1,783,378‌

108,695

g

Odebrecht

Offshore

Drilling

Finance

Ltd

6

.720

12/01/22

105,978‌

4,426,626

†,g,o

Odebrecht

Offshore

Drilling

Finance

Ltd

7

.720

12/01/26

1,018,124‌

527,012

†,g

Odebrecht

Oil

&

Gas

Finance

Ltd

0

.000

N/A‡

2,108‌

714,000

o

Oi

S.A.

10

.000

07/27/25

338,234‌

2,000,000

Petrobras

Global

Finance

BV

6

.900

03/19/49

1,900,000‌

600,000

e

Petrobras

Global

Finance

BV

5

.500

06/10/51

496,933‌

1,746,800

g

Rio

Oil

Finance

Trust

8

.200

04/06/28

1,804,788‌

3,000,000

e,g

Rumo

Luxembourg

Sarl

4

.200

01/18/32

2,454,975‌

TOTAL

BRAZIL

21,079,251‌

CHILE

-

2

.8

%

2,393,530

g

Alfa

Desarrollo

S.p.A

4

.550

09/27/51

1,723,341‌

2,000,000

g

Banco

del

Estado

de

Chile

2

.704

01/09/25

1,893,243‌

2,325,000

g

Celulosa

Arauco

y

Constitucion

S.A.

5

.150

01/29/50

1,939,050‌

2,250,000

g

Cia

Cervecerias

Unidas

S.A.

3

.350

01/19/32

1,957,500‌

2,000,000

g

Colbun

S.A.

3

.150

01/19/32

1,627,500‌

2,150,000

g

Corp

Nacional

del

Cobre

de

Chile

4

.375

02/05/49

1,877,554‌

1,675,000

e,g

Corp

Nacional

del

Cobre

de

Chile

3

.150

01/15/51

1,216,904‌

2,075,000

g

Embotelladora

Andina

S.A.

3

.950

01/21/50

1,623,687‌

2,000,000

e,g

Empresa

de

los

Ferrocarriles

del

Estado

3

.068

08/18/50

1,231,653‌

1,775,000

g

Empresa

Nacional

del

Petroleo

3

.450

09/16/31

1,442,188‌

TOTAL

CHILE

16,532,620‌

CHINA

-

0

.7

%

2,500,000

g

ENN

Clean

Energy

International

Investment

Ltd

3

.375

05/12/26

2,113,230‌

2,050,000

e,g

Lenovo

Group

Ltd

3

.421

11/02/30

1,711,292‌

1,000,000

†,q

Shimao

Group

Holdings

Ltd

4

.750

07/03/23

115,518‌

2,600,000

†

Shimao

Group

Holdings

Ltd

5

.200

01/30/25

228,946‌

TOTAL

CHINA

4,168,986‌

COLOMBIA

-

1

.8

%

1,675,000

Bancolombia

S.A.

4

.625

12/18/29

1,432,125‌

1,375,000

Ecopetrol

S.A.

4

.625

11/02/31

1,130,937‌

2,700,000

Ecopetrol

S.A.

5

.875

11/02/51

1,977,750‌

2,000,000

g

Empresas

Publicas

de

Medellin

ESP

4

.250

07/18/29

1,601,131‌

1,000,000

g

Empresas

Publicas

de

Medellin

ESP

4

.375

02/15/31

792,180‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

255

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

COLOMBIA—continued

$

2,075,000

g

Grupo

Aval

Ltd

4

.375

%

02/04/30

$

1,639,250‌

725,000

g

Millicom

International

Cellular

S.A.

4

.500

04/27/31

592,887‌

2,200,000

g

SierraCol

Energy

Andina

LLC

6

.000

06/15/28

1,595,000‌

TOTAL

COLOMBIA

10,761,260‌

COSTA

RICA

-

0

.8

%

2,073,812

g

Autopistas

del

Sol

S.A.

7

.375

12/30/30

1,933,830‌

2,800,000

g

Instituto

Costarricense

de

Electricidad

6

.750

10/07/31

2,634,601‌

TOTAL

COSTA

RICA

4,568,431‌

DOMINICAN

REPUBLIC

-

0

.8

%

2,500,000

g

Aeropuertos

Dominicanos

Siglo

XXI

S.A.

6

.750

03/30/29

2,289,250‌

2,975,000

g

AES

Andres

BV

5

.700

05/04/28

2,509,090‌

TOTAL

DOMINICAN

REPUBLIC

4,798,340‌

GHANA

-

0

.6

%

1,000,000

g

Kosmos

Energy

Ltd

7

.750

05/01/27

845,320‌

1,000,000

g

Tullow

Oil

plc

7

.000

03/01/25

825,500‌

1,887,000

g

Tullow

Oil

plc

10

.250

05/15/26

1,766,704‌

TOTAL

GHANA

3,437,524‌

GUATEMALA

-

0

.7

%

1,830,000

g

CNTL

AMR

BOTTLING

CORP

5

.250

04/27/29

1,730,960‌

1,225,000

g

CT

Trust

5

.125

02/03/32

1,094,930‌

1,650,000

g

Investment

Energy

Resources

Ltd

6

.250

04/26/29

1,517,944‌

TOTAL

GUATEMALA

4,343,834‌

INDIA

-

2

.8

%

2,100,000

g

Adani

Ports

&

Special

Economic

Zone

Ltd

4

.375

07/03/29

1,847,013‌

1,800,000

g

Adani

Ports

&

Special

Economic

Zone

Ltd

3

.100

02/02/31

1,400,940‌

1,281,721

g

Azure

Power

Energy

Ltd

3

.575

08/19/26

1,119,756‌

6,425,000

g

Indian

Railway

Finance

Corp

Ltd

3

.570

01/21/32

5,582,521‌

3,000,000

e,g

Network

i2i

Ltd

3

.975

N/A‡

2,512,500‌

2,700,000

g

ReNew

Wind

Energy

AP2

4

.500

07/14/28

2,216,341‌

2,075,000

e,g

UltraTech

Cement

Ltd

2

.800

02/16/31

1,679,226‌

TOTAL

INDIA

16,358,297‌

INDONESIA

-

4

.1

%

200,000

Bank

Mandiri

Persero

Tbk

PT

3

.750

04/11/24

199,212‌

3,860,000

g

Freeport

Indonesia

PT

5

.315

04/14/32

3,609,100‌

2,000,000

g

Freeport

Indonesia

PT

6

.200

04/14/52

1,767,797‌

2,000,000

g

Medco

Laurel

Tree

Pte

Ltd

6

.950

11/12/28

1,721,000‌

1,000,000

g

Medco

Platinum

Road

Pte

Ltd

6

.750

01/30/25

945,500‌

1,000,000

g

Pelabuhan

Indonesia

II

PT

4

.250

05/05/25

990,500‌

2,000,000

g

Pelabuhan

Indonesia

II

PT

5

.375

05/05/45

1,900,680‌

3,000,000

g

Pertamina

Persero

PT

3

.100

08/27/30

2,666,200‌

1,250,000

g

Pertamina

Persero

PT

4

.700

07/30/49

1,085,150‌

2,000,000

g

Perusahaan

Listrik

Negara

PT

5

.250

10/24/42

1,804,460‌

2,000,000

g

Perusahaan

Listrik

Negara

PT

6

.150

05/21/48

1,936,880‌

1,500,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

4

.400

06/06/27

1,533,750‌

4,250,000

g

Saka

Energi

Indonesia

PT

4

.450

05/05/24

3,857,939‌

TOTAL

INDONESIA

24,018,168‌

ISRAEL

-

3

.4

%

5,000,000

g

Bank

Hapoalim

BM

3

.255

01/21/32

4,301,160‌

2,125,000

g

Bank

Leumi

Le-Israel

BM

5

.125

07/27/27

2,167,500‌

3,141,000

g

Energean

Israel

Finance

Ltd

5

.375

03/30/28

2,773,475‌

2,000,000

g

Israel

Chemicals

Ltd

6

.375

05/31/38

1,999,387‌

2,750,000

g

Israel

Electric

Corp

Ltd

3

.750

02/22/32

2,535,082‌

2,600,000

g

Leviathan

Bond

Ltd

6

.750

06/30/30

2,451,651‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

256

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ISRAEL—continued

EUR

2,750,000

Teva

Pharmaceutical

Finance

Netherlands

II

BV

4

.375

%

05/09/30

$

2,473,606‌

$

1,335,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

5

.125

05/09/29

1,224,756‌

TOTAL

ISRAEL

19,926,617‌

JAMAICA

-

0

.0

%

441,275

g,o

Digicel

Group

0.5

Ltd

7

.000

N/A‡

209,360‌

TOTAL

JAMAICA

209,360‌

KAZAKHSTAN

-

1

.8

%

KZT

453,000,000

g

Development

Bank

of

Kazakhstan

JSC

8

.950

05/04/23

826,302‌

2,200,000

g

Development

Bank

of

Kazakhstan

JSC

5

.750

05/12/25

2,184,380‌

1,800,000

g

KazMunayGas

National

Co

JSC

4

.750

04/19/27

1,607,828‌

1,550,000

g

KazMunayGas

National

Co

JSC

6

.375

10/24/48

1,276,650‌

2,475,000

g

KazTransGas

JSC

4

.375

09/26/27

2,171,119‌

2,800,000

g

Tengizchevroil

Finance

Co

International

Ltd

4

.000

08/15/26

2,339,885‌

TOTAL

KAZAKHSTAN

10,406,164‌

KOREA,

REPUBLIC

OF

-

0

.5

%

1,200,000

g

POSCO

4

.500

08/04/27

1,197,996‌

1,800,000

e,g

Shinhan

Bank

Co

Ltd

4

.375

04/13/32

1,773,887‌

TOTAL

KOREA,

REPUBLIC

OF

2,971,883‌

MACAU

-

0

.3

%

2,000,000

e,g

Sands

China

Ltd

3

.250

08/08/31

1,550,000‌

TOTAL

MACAU

1,550,000‌

MALAYSIA

-

2

.5

%

3,000,000

1MDB

Global

Investments

Ltd

4

.400

03/09/23

2,880,000‌

3,000,000

g

Genm

Capital

Labuan

Ltd

3

.882

04/19/31

2,297,372‌

2,000,000

g

Misc

Capital

Two

Labuan

Ltd

3

.625

04/06/25

1,959,103‌

4,045,000

g

Misc

Capital

Two

Labuan

Ltd

3

.750

04/06/27

3,864,997‌

2,000,000

g

Petronas

Capital

Ltd

3

.500

04/21/30

1,949,844‌

2,000,000

g

Petronas

Energy

Canada

Ltd

2

.112

03/23/28

1,839,163‌

TOTAL

MALAYSIA

14,790,479‌

MEXICO

-

6

.5

%

800,000

g

BBVA

Bancomer

S.A.

5

.350

11/12/29

751,000‌

2,000,000

g

BBVA

Bancomer

S.A.

5

.125

01/18/33

1,730,000‌

1,875,000

g

Cemex

SAB

de

C.V.

3

.875

07/11/31

1,504,687‌

2,025,000

g

Cemex

SAB

de

C.V.

5

.125

N/A‡

1,690,875‌

2,500,000

g

Comision

Federal

de

Electricidad

4

.688

05/15/29

2,287,500‌

1,300,000

g

Electricidad

Firme

de

Mexico

Holdings

S.A.

de

C.V.

4

.900

11/20/26

1,022,140‌

8,833,000

g

Grupo

Aeromexico

SAB

de

C.V.

8

.500

03/17/27

8,400,183‌

3,350,000

g

Grupo

Axo

SAPI

de

C.V.

5

.750

06/08/26

2,538,254‌

1,000,000

g

Mexico

City

Airport

Trust

3

.875

04/30/28

890,000‌

3,630,000

g

Mexico

Remittances

Funding

Fiduciary

Estate

Management

Sarl

4

.875

01/15/28

2,885,850‌

2,800,000

g

Nemak

SAB

de

C.V.

3

.625

06/28/31

2,184,000‌

2,000,000

Petroleos

Mexicanos

4

.250

01/15/25

1,906,000‌

4,647,000

Petroleos

Mexicanos

6

.840

01/23/30

3,949,439‌

6,219,000

Petroleos

Mexicanos

6

.700

02/16/32

4,981,419‌

2,075,000

Petroleos

Mexicanos

6

.350

02/12/48

1,364,313‌

TOTAL

MEXICO

38,085,660‌

MOROCCO

-

0

.6

%

650,000

g

OCP

S.A.

3

.750

06/23/31

525,750‌

4,450,000

g

OCP

S.A.

5

.125

06/23/51

3,139,922‌

TOTAL

MOROCCO

3,665,672‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

257

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

NETHERLANDS

-

0

.1

%

RUB

158,400,000

g

VEON

Holdings

BV

8

.125

%

09/16/26

$

380,922‌

TOTAL

NETHERLANDS

380,922‌

NIGERIA

-

0

.2

%

$

1,775,000

g

Access

Bank

plc

6

.125

09/21/26

1,310,941‌

TOTAL

NIGERIA

1,310,941‌

OMAN

-

0

.4

%

2,500,000

g

OQ

SAOC

5

.125

05/06/28

2,381,949‌

TOTAL

OMAN

2,381,949‌

PANAMA

-

0

.8

%

2,400,000

g

Aeropuerto

Internacional

de

Tocumen

S.A.

5

.125

08/11/61

1,988,158‌

1,175,000

g

Cable

Onda

S.A.

4

.500

01/30/30

1,040,909‌

1,612,658

g

UEP

Penonome

II

S.A.

6

.500

10/01/38

1,464,294‌

TOTAL

PANAMA

4,493,361‌

PERU

-

2

.1

%

PEN

9,000,000

g

Alicorp

SAA

6

.875

04/17/27

2,144,714‌

1,225,000

g

Cia

de

Minas

Buenaventura

SAA

5

.500

07/23/26

1,053,500‌

1,900,000

g

Consorcio

Transmantaro

S.A.

5

.200

04/11/38

1,747,924‌

2,300,000

g

Inkia

Energy

Ltd

5

.875

11/09/27

2,128,906‌

915,693

g

Lima

Metro

Line

2

Finance

Ltd

4

.350

04/05/36

827,796‌

2,000,000

g

Peru

LNG

Srl

5

.375

03/22/30

1,669,920‌

2,750,000

g

Petroleos

del

Peru

S.A.

5

.625

06/19/47

1,935,313‌

534,000

g

Volcan

Cia

Minera

SAA

4

.375

02/11/26

467,250‌

TOTAL

PERU

11,975,323‌

QATAR

-

0

.2

%

1,000,000

g

Qatar

Petroleum

1

.375

09/12/26

923,761‌

500,000

g

Qatar

Petroleum

2

.250

07/12/31

443,256‌

TOTAL

QATAR

1,367,017‌

RUSSIA

-

0

.2

%

2,000,000

†,g

LUKOIL

Capital

DAC

3

.600

10/26/31

1,040,000‌

TOTAL

RUSSIA

1,040,000‌

SAUDI

ARABIA

-

1

.2

%

2,500,000

g

EIG

Pearl

Holdings

Sarl

4

.387

11/30/46

2,012,518‌

2,500,000

g

Saudi

Arabian

Oil

Co

4

.375

04/16/49

2,334,327‌

3,000,000

g

Saudi

Arabian

Oil

Co

3

.250

11/24/50

2,334,414‌

TOTAL

SAUDI

ARABIA

6,681,259‌

SINGAPORE

-

0

.5

%

2,800,000

g

United

Overseas

Bank

Ltd

3

.059

04/07/25

2,764,343‌

TOTAL

SINGAPORE

2,764,343‌

SOUTH

AFRICA

-

3

.3

%

1,725,000

AngloGold

Ashanti

Holdings

plc

3

.375

11/01/28

1,499,756‌

3,050,000

AngloGold

Ashanti

Holdings

plc

3

.750

10/01/30

2,613,408‌

3,000,000

g

Eskom

Holdings

SOC

Ltd

6

.750

08/06/23

2,967,230‌

2,000,000

g

Eskom

Holdings

SOC

Ltd

7

.125

02/11/25

1,857,315‌

2,875,000

g

Eskom

Holdings

SOC

Ltd

6

.350

08/10/28

2,730,544‌

1,600,000

g

Eskom

Holdings

SOC

Ltd

8

.450

08/10/28

1,427,647‌

2,300,000

g

Gold

Fields

Orogen

Holdings

BVI

Ltd

6

.125

05/15/29

2,341,770‌

2,000,000

g

MTN

Mauritius

Investment

Ltd

6

.500

10/13/26

1,978,699‌

2,091,681

g,o

Petra

Diamonds

US

Treasury

plc

10

.500

03/08/26

2,008,013‌

TOTAL

SOUTH

AFRICA

19,424,382‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

258

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SPAIN

-

0

.4

%

$

3,000,000

g

EnfraGen

Energia

Sur

S.A.

5

.375

%

12/30/30

$

2,040,000‌

TOTAL

SPAIN

2,040,000‌

THAILAND

-

0

.4

%

2,600,000

g

Bangkok

Bank

PCL

3

.466

09/23/36

2,231,034‌

TOTAL

THAILAND

2,231,034‌

TRINIDAD

AND

TOBAGO

-

0

.6

%

2,600,000

g

Heritage

Petroleum

Co

Ltd

9

.000

08/12/29

2,683,200‌

850,000

g

National

Gas

Company

of

Trinidad

and

Tobago

Limited

6

.050

01/15/36

773,938‌

TOTAL

TRINIDAD

AND

TOBAGO

3,457,138‌

TURKEY

-

1

.8

%

2,000,000

e,g

Akbank

T.A.S.

6

.800

02/06/26

1,743,412‌

500,000

g

Akbank

T.A.S.

6

.797

04/27/28

432,167‌

4,100,000

g

Anadolu

Efes

Biracilik

Ve

Malt

Sanayii

AS.

3

.375

06/29/28

2,766,062‌

2,000,000

g

Turkiye

Garanti

Bankasi

AS.

7

.177

05/24/27

1,650,444‌

2,550,000

g

Turkiye

Vakiflar

Bankasi

TAO

5

.500

10/01/26

2,036,833‌

2,325,000

g

Ulker

Biskuvi

Sanayi

AS.

6

.950

10/30/25

1,713,990‌

TOTAL

TURKEY

10,342,908‌

UKRAINE

-

0

.1

%

2,000,000

†,g

NAK

Naftogaz

Ukraine

via

Kondor

Finance

plc

7

.625

11/08/26

403,500‌

750,000

†,g

Ukreximbank

Via

Biz

Finance

plc

9

.750

01/22/25

286,500‌

TOTAL

UKRAINE

690,000‌

UNITED

ARAB

EMIRATES

-

1

.7

%

1,975,000

g

Abu

Dhabi

Crude

Oil

Pipeline

LLC

4

.600

11/02/47

1,920,434‌

1,325,000

g

DAE

Funding

LLC

3

.375

03/20/28

1,165,009‌

2,100,000

g

DP

World

Ltd

5

.625

09/25/48

2,004,233‌

2,882,580

g

Galaxy

Pipeline

Assets

Bidco

Ltd

2

.160

03/31/34

2,511,796‌

2,483,025

g

Sweihan

PV

Power

Co

PJSC

3

.625

01/31/49

2,087,231‌

TOTAL

UNITED

ARAB

EMIRATES

9,688,703‌

UNITED

STATES

-

0

.6

%

1,650,000

g

GCC

SAB

de

C.V.

3

.614

04/20/32

1,378,758‌

2,500,000

g

Sempra

Infrastructure

Partners

LP

3

.250

01/15/32

2,183,779‌

TOTAL

UNITED

STATES

3,562,537‌

ZAMBIA

-

0

.3

%

1,700,000

g

First

Quantum

Minerals

Ltd

6

.875

10/15/27

1,619,250‌

TOTAL

ZAMBIA

1,619,250‌

TOTAL

CORPORATE

BONDS

288,209,223‌

(Cost

$336,218,327)

GOVERNMENT

BONDS

-

42.4%

ANGOLA

-

1

.3

%

2,250,000

g

Angolan

Government

International

Bond

8

.250

05/09/28

1,887,183‌

1,775,000

g

Angolan

Government

International

Bond

8

.000

11/26/29

1,423,826‌

3,125,000

g

Angolan

Government

International

Bond

8

.750

04/14/32

2,525,048‌

2,500,000

g

Angolan

Government

International

Bond

9

.375

05/08/48

1,929,634‌

TOTAL

ANGOLA

7,765,691‌

ARGENTINA

-

0

.4

%

1,300,000

Argentine

Republic

Government

International

Bond

3

.875

01/09/38

364,729‌

5,134,989

Argentine

Republic

Government

International

Bond

(Step

Bond)

1

.500

07/09/35

1,135,790‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

259

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ARGENTINA—continued

$

2,949,981

g

Provincia

de

Buenos

Aires

(Step

Bond)

3

.900

%

09/01/37

$

913,716‌

TOTAL

ARGENTINA

2,414,235‌

AZERBAIJAN

-

0

.4

%

2,500,000

g

Southern

Gas

Corridor

CJSC

6

.875

03/24/26

2,619,049‌

TOTAL

AZERBAIJAN

2,619,049‌

BAHRAIN

-

0

.3

%

1,000,000

g

Bahrain

Government

International

Bond

7

.375

05/14/30

994,023‌

1,000,000

g

Bahrain

Government

International

Bond

7

.500

09/20/47

844,557‌

TOTAL

BAHRAIN

1,838,580‌

BARBADOS

-

0

.4

%

2,314,800

g

Barbados

Government

International

Bond

6

.500

10/01/29

2,123,492‌

TOTAL

BARBADOS

2,123,492‌

BENIN

-

0

.1

%

EUR

1,125,000

g

Benin

Government

International

Bond

6

.875

01/19/52

758,205‌

TOTAL

BENIN

758,205‌

BERMUDA

-

0

.5

%

1,175,000

g

Bermuda

Government

International

Bond

4

.750

02/15/29

1,201,901‌

2,300,000

g

Bermuda

Government

International

Bond

2

.375

08/20/30

1,990,762‌

TOTAL

BERMUDA

3,192,663‌

BRAZIL

-

1

.5

%

BRL

2,500,000

Brazil

Notas

do

Tesouro

Nacional

Serie

F

10

.000

01/01/23

475,803‌

BRL

5,000,000

Brazil

Notas

do

Tesouro

Nacional

Serie

F

10

.000

01/01/25

911,933‌

BRL

5,982,000

Brazil

Notas

do

Tesouro

Nacional

Serie

F

10

.000

01/01/27

1,051,344‌

475,000

Brazilian

Government

International

Bond

6

.000

04/07/26

505,188‌

3,100,000

Brazilian

Government

International

Bond

3

.875

06/12/30

2,786,833‌

1,100,000

Brazilian

Government

International

Bond

5

.000

01/27/45

873,569‌

1,025,000

Brazilian

Government

International

Bond

5

.625

02/21/47

869,573‌

2,000,000

Brazilian

Government

International

Bond

4

.750

01/14/50

1,501,933‌

TOTAL

BRAZIL

8,976,176‌

CAMEROON

-

0

.1

%

EUR

1,000,000

g

Republic

of

Cameroon

International

Bond

5

.950

07/07/32

684,653‌

TOTAL

CAMEROON

684,653‌

CHILE

-

0

.2

%

CLP

1,235,000,000

Bonos

de

la

Tesoreria

de

la

Republica

en

pesos

2

.500

03/01/25

1,216,873‌

TOTAL

CHILE

1,216,873‌

CHINA

-

0

.5

%

CNY

17,000,000

China

Government

International

Bond

3

.120

12/05/26

2,590,418‌

CNY

3,200,000

China

Government

International

Bond

3

.270

11/19/30

491,823‌

TOTAL

CHINA

3,082,241‌

COLOMBIA

-

1

.1

%

2,000,000

Colombia

Government

International

Bond

3

.000

01/30/30

1,612,393‌

2,925,000

Colombia

Government

International

Bond

3

.250

04/22/32

2,274,363‌

2,600,000

Colombia

Government

International

Bond

5

.625

02/26/44

2,019,259‌

950,000

Colombia

Government

International

Bond

5

.200

05/15/49

700,183‌

TOTAL

COLOMBIA

6,606,198‌

COSTA

RICA

-

0

.6

%

2,500,000

g

Costa

Rica

Government

International

Bond

5

.625

04/30/43

1,920,781‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

260

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

COSTA

RICA—continued

$

1,500,000

g

Costa

Rica

Government

International

Bond

7

.000

%

04/04/44

$

1,317,092‌

TOTAL

COSTA

RICA

3,237,873‌

COTE

D'IVOIRE

-

0

.6

%

3,636,281

g

Ivory

Coast

Government

International

Bond

(Step

Bond)

5

.750

12/31/32

3,204,671‌

TOTAL

COTE

D'IVOIRE

3,204,671‌

DOMINICAN

REPUBLIC

-

2

.1

%

2,050,000

g

Dominican

Republic

Government

International

Bond

6

.875

01/29/26

2,116,336‌

DOP

22,500,000

g

Dominican

Republic

Government

International

Bond

9

.750

06/05/26

400,996‌

DOP

27,000,000

g

Dominican

Republic

Government

International

Bond

11

.250

02/05/27

489,000‌

DOP

74,000,000

g

Dominican

Republic

Government

International

Bond

10

.375

01/11/30

1,240,015‌

4,000,000

g

Dominican

Republic

Government

International

Bond

4

.875

09/23/32

3,363,949‌

3,060,000

g

Dominican

Republic

Government

International

Bond

7

.450

04/30/44

2,869,479‌

1,720,000

g

Dominican

Republic

International

Bond

5

.500

02/22/29

1,593,559‌

TOTAL

DOMINICAN

REPUBLIC

12,073,334‌

ECUADOR

-

0

.8

%

744,229

g

Ecuador

Government

International

Bond

0

.000

07/31/30

313,558‌

3,634,600

g

Ecuador

Government

International

Bond

(Step

Bond)

5

.500

07/31/30

2,178,443‌

4,637,020

g

Ecuador

Government

International

Bond

(Step

Bond)

2

.500

07/31/35

2,096,372‌

TOTAL

ECUADOR

4,588,373‌

EGYPT

-

1

.8

%

525,000

g

Egypt

Government

International

Bond

4

.550

11/20/23

488,346‌

1,500,000

g

Egypt

Government

International

Bond

5

.800

09/30/27

1,011,078‌

4,275,000

g

Egypt

Government

International

Bond

7

.600

03/01/29

2,966,764‌

4,575,000

g

Egypt

Government

International

Bond

7

.053

01/15/32

2,872,643‌

4,725,000

g

Egypt

Government

International

Bond

8

.500

01/31/47

2,740,500‌

1,000,000

g

Egypt

Government

International

Bond

8

.150

11/20/59

567,104‌

TOTAL

EGYPT

10,646,435‌

EL

SALVADOR

-

0

.3

%

2,000,000

g

El

Salvador

Government

International

Bond

7

.650

06/15/35

642,389‌

3,100,000

g

El

Salvador

Government

International

Bond

7

.625

02/01/41

1,018,264‌

TOTAL

EL

SALVADOR

1,660,653‌

GHANA

-

0

.8

%

3,325,000

g

Ghana

Government

International

Bond

0

.000

04/07/25

1,778,875‌

3,325,000

g

Ghana

Government

International

Bond

7

.750

04/07/29

1,561,074‌

2,025,000

g

Ghana

Government

International

Bond

8

.750

03/11/61

875,934‌

GHS

2,500,000

Republic

of

Ghana

Government

Bonds

20

.750

01/16/23

286,117‌

TOTAL

GHANA

4,502,000‌

GUATEMALA

-

0

.6

%

525,000

g

Guatemala

Government

Bond

4

.900

06/01/30

514,608‌

2,000,000

g

Guatemala

Government

Bond

3

.700

10/07/33

1,660,931‌

1,500,000

g

Guatemala

Government

International

Bond

6

.125

06/01/50

1,429,655‌

TOTAL

GUATEMALA

3,605,194‌

HONDURAS

-

0

.1

%

775,000

g

Honduras

Government

International

Bond

6

.250

01/19/27

648,007‌

TOTAL

HONDURAS

648,007‌

HUNGARY

-

0

.8

%

2,375,000

g

Hungary

Government

International

Bond

5

.250

06/16/29

2,407,802‌

1,850,000

g

Hungary

Government

International

Bond

2

.125

09/22/31

1,517,172‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

261

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HUNGARY—continued

$

750,000

g

Hungary

Government

International

Bond

3

.125

%

09/21/51

$

511,603‌

TOTAL

HUNGARY

4,436,577‌

INDIA

-

0

.4

%

2,700,000

g

Export-Import

Bank

of

India

2

.250

01/13/31

2,215,005‌

TOTAL

INDIA

2,215,005‌

INDONESIA

-

0

.8

%

1,000,000

g

Indonesia

Government

International

Bond

4

.625

04/15/43

960,995‌

3,600,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

4

.700

06/06/32

3,724,953‌

TOTAL

INDONESIA

4,685,948‌

IRAQ

-

0

.8

%

2,325,000

g

Iraq

Government

International

Bond

6

.752

03/09/23

2,255,425‌

2,801,563

g

Iraq

Government

International

Bond

5

.800

01/15/28

2,413,392‌

TOTAL

IRAQ

4,668,817‌

JAMAICA

-

0

.9

%

2,950,000

Jamaica

Government

International

Bond

8

.000

03/15/39

3,327,362‌

1,810,000

Jamaica

Government

International

Bond

7

.875

07/28/45

2,005,870‌

TOTAL

JAMAICA

5,333,232‌

JORDAN

-

0

.9

%

2,550,000

e,g

Jordan

Government

International

Bond

4

.950

07/07/25

2,372,444‌

1,500,000

g

Jordan

Government

International

Bond

5

.850

07/07/30

1,270,557‌

2,000,000

g

Jordan

Government

International

Bond

7

.375

10/10/47

1,604,200‌

TOTAL

JORDAN

5,247,201‌

KAZAKHSTAN

-

0

.2

%

1,250,000

g

Kazakhstan

Government

International

Bond

6

.500

07/21/45

1,228,272‌

TOTAL

KAZAKHSTAN

1,228,272‌

KENYA

-

0

.6

%

1,950,000

g

Kenya

Government

International

Bond

6

.875

06/24/24

1,684,956‌

1,125,000

g

Kenya

Government

International

Bond

6

.300

01/23/34

688,744‌

1,325,000

g

Kenya

Government

International

Bond

8

.250

02/28/48

835,304‌

TOTAL

KENYA

3,209,004‌

KOREA,

REPUBLIC

OF

-

0

.4

%

3,102,000

Export-Import

Bank

of

Korea

2

.500

06/29/41

2,522,397‌

TOTAL

KOREA,

REPUBLIC

OF

2,522,397‌

LEBANON

-

0

.1

%

3,200,000

†,q

Lebanon

Government

International

Bond

6

.250

11/04/24

200,640‌

3,800,000

†,q

Lebanon

Government

International

Bond

6

.850

03/23/27

238,260‌

TOTAL

LEBANON

438,900‌

MALAYSIA

-

0

.3

%

MYR

3,000,000

Malaysia

Government

Bond

3

.900

11/30/26

679,332‌

MYR

4,000,000

Malaysia

Government

Bond

3

.828

07/05/34

870,103‌

TOTAL

MALAYSIA

1,549,435‌

MEXICO

-

1

.6

%

MXN

38,600,000

Mexican

Bonos

7

.500

06/03/27

1,802,009‌

MXN

39,900,000

Mexican

Bonos

8

.500

11/18/38

1,903,527‌

1,675,000

e

Mexico

Government

International

Bond

3

.250

04/16/30

1,523,979‌

3,500,000

Mexico

Government

International

Bond

4

.280

08/14/41

2,896,867‌

1,850,000

Mexico

Government

International

Bond

4

.400

02/12/52

1,473,305‌

TOTAL

MEXICO

9,599,687‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

262

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MONGOLIA

-

0

.4

%

$

2,425,000

g

Mongolia

Government

International

Bond

5

.125

%

04/07/26

$

2,158,479‌

550,000

e,g

Mongolia

Government

International

Bond

4

.450

07/07/31

414,209‌

TOTAL

MONGOLIA

2,572,688‌

MOROCCO

-

0

.7

%

1,575,000

g

Morocco

Government

International

Bond

2

.375

12/15/27

1,345,900‌

1,775,000

g

Morocco

Government

International

Bond

3

.000

12/15/32

1,407,955‌

1,450,000

g

Morocco

Government

International

Bond

5

.500

12/11/42

1,164,001‌

TOTAL

MOROCCO

3,917,856‌

NAMIBIA

-

0

.3

%

1,700,000

g

Namibia

Government

International

Bond

5

.250

10/29/25

1,475,808‌

TOTAL

NAMIBIA

1,475,808‌

NIGERIA

-

1

.1

%

1,550,000

g

Nigeria

Government

International

Bond

6

.500

11/28/27

1,165,384‌

2,075,000

g,k

Nigeria

Government

International

Bond

8

.375

03/24/29

1,606,009‌

1,850,000

g

Nigeria

Government

International

Bond

7

.875

02/16/32

1,316,955‌

1,500,000

g

Nigeria

Government

International

Bond

7

.375

09/28/33

992,075‌

2,000,000

g

Nigeria

Government

International

Bond

7

.696

02/23/38

1,272,557‌

TOTAL

NIGERIA

6,352,980‌

OMAN

-

1

.5

%

2,425,000

g

Oman

Government

International

Bond

5

.375

03/08/27

2,392,075‌

2,550,000

g

Oman

Government

International

Bond

6

.750

10/28/27

2,657,654‌

500,000

g

Oman

Government

International

Bond

6

.000

08/01/29

499,278‌

1,500,000

g

Oman

Government

International

Bond

6

.250

01/25/31

1,493,330‌

1,200,000

g

Oman

Government

International

Bond

6

.500

03/08/47

1,038,098‌

1,025,000

g

Oman

Government

International

Bond

6

.750

01/17/48

907,390‌

TOTAL

OMAN

8,987,825‌

PAKISTAN

-

0

.8

%

1,110,000

e,g

Pakistan

Global

Sukuk

Programme

Co

Ltd

7

.950

01/31/29

797,935‌

3,200,000

g

Pakistan

Government

International

Bond

6

.875

12/05/27

1,632,000‌

1,700,000

g

Pakistan

Government

International

Bond

7

.375

04/08/31

850,000‌

1,000,000

g

Pakistan

Government

International

Bond

8

.875

04/08/51

460,000‌

2,000,000

Pakistan

Water

&

Power

Development

Authority

7

.500

06/04/31

858,320‌

TOTAL

PAKISTAN

4,598,255‌

PANAMA

-

0

.5

%

2,850,000

Panama

Notas

del

Tesoro

3

.750

04/17/26

2,800,125‌

TOTAL

PANAMA

2,800,125‌

PARAGUAY

-

0

.4

%

2,425,000

g

Paraguay

Government

International

Bond

2

.739

01/29/33

1,974,354‌

525,000

g

Republic

of

Paraguay

6

.100

08/11/44

501,811‌

TOTAL

PARAGUAY

2,476,165‌

PERU

-

1

.1

%

3,000,000

g

Fondo

MIVIVIENDA

S.A.

4

.625

04/12/27

2,898,214‌

1,645,000

Peruvian

Government

International

Bond

3

.000

01/15/34

1,408,629‌

PEN

4,150,000

g

Peruvian

Government

International

Bond

5

.400

08/12/34

831,152‌

1,800,000

e

Peruvian

Government

International

Bond

3

.300

03/11/41

1,457,052‌

TOTAL

PERU

6,595,047‌

PHILIPPINES

-

0

.3

%

1,975,000

k

Philippine

Government

International

Bond

4

.200

03/29/47

1,834,989‌

TOTAL

PHILIPPINES

1,834,989‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

263

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

POLAND

-

0

.3

%

$

1,525,000

Poland

Government

International

Bond

3

.250

%

04/06/26

$

1,510,874‌

TOTAL

POLAND

1,510,874‌

QATAR

-

0

.9

%

2,000,000

g

Qatar

Government

International

Bond

3

.750

04/16/30

2,053,199‌

925,000

g

Qatar

Government

International

Bond

5

.103

04/23/48

1,026,534‌

2,200,000

g

Qatar

Government

International

Bond

4

.400

04/16/50

2,250,522‌

TOTAL

QATAR

5,330,255‌

REPUBLIC

OF

SERBIA

-

0

.2

%

1,675,000

g

Serbia

International

Bond

2

.125

12/01/30

1,238,821‌

TOTAL

REPUBLIC

OF

SERBIA

1,238,821‌

ROMANIA

-

0

.6

%

1,870,000

g

Romanian

Government

International

Bond

3

.000

02/27/27

1,708,204‌

1,080,000

e,g

Romanian

Government

International

Bond

3

.000

02/14/31

888,928‌

1,400,000

g

Romanian

Government

International

Bond

4

.000

02/14/51

989,485‌

TOTAL

ROMANIA

3,586,617‌

RUSSIA

-

0

.2

%

RUB

105,300,000

†

Russian

Federal

Bond-OFZ

7

.100

10/16/24

371,399‌

RUB

83,900,000

†

Russian

Federal

Bond-OFZ

7

.950

10/07/26

295,920‌

RUB

64,000,000

†

Russian

Federal

Bond-OFZ

7

.650

04/10/30

225,731‌

TOTAL

RUSSIA

893,050‌

RWANDA

-

0

.5

%

3,825,000

g

Rwanda

International

Government

Bond

5

.500

08/09/31

2,809,894‌

TOTAL

RWANDA

2,809,894‌

SAUDI

ARABIA

-

1

.4

%

1,950,000

g

Saudi

Government

International

Bond

3

.250

10/26/26

1,948,963‌

2,500,000

g

Saudi

Government

International

Bond

2

.250

02/02/33

2,206,037‌

1,000,000

g

Saudi

Government

International

Bond

3

.250

11/17/51

800,456‌

2,000,000

g

Saudi

Government

International

Bond

3

.750

01/21/55

1,740,094‌

1,500,000

g

Saudi

Government

International

Bond

3

.450

02/02/61

1,205,440‌

TOTAL

SAUDI

ARABIA

7,900,990‌

SENEGAL

-

0

.5

%

1,600,000

g

Senegal

Government

International

Bond

6

.250

05/23/33

1,280,747‌

1,900,000

g

Senegal

Government

International

Bond

6

.750

03/13/48

1,343,665‌

TOTAL

SENEGAL

2,624,412‌

SOUTH

AFRICA

-

1

.9

%

1,625,000

k

Republic

of

South

Africa

Government

International

Bond

5

.875

04/20/32

1,504,532‌

ZAR

9,050,000

Republic

of

South

Africa

Government

International

Bond

8

.875

02/28/35

464,937‌

1,025,000

Republic

of

South

Africa

Government

International

Bond

5

.650

09/27/47

778,818‌

1,500,000

Republic

of

South

Africa

Government

International

Bond

5

.750

09/30/49

1,139,230‌

1,000,000

Republic

of

South

Africa

Government

International

Bond

7

.300

04/20/52

872,416‌

3,000,000

South

Africa

Government

International

Bond

4

.300

10/12/28

2,749,197‌

ZAR

59,300,000

South

Africa

Government

International

Bond

7

.000

02/28/31

2,844,607‌

1,250,000

South

Africa

Government

International

Bond

5

.375

07/24/44

936,260‌

TOTAL

SOUTH

AFRICA

11,289,997‌

SRI

LANKA

-

0

.2

%

800,000

†,g

Sri

Lanka

Government

International

Bond

5

.750

04/18/23

244,595‌

1,000,000

†,g

Sri

Lanka

Government

International

Bond

6

.825

07/18/26

308,321‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

264

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SRI

LANKA—continued

$

1,650,000

†,g

Sri

Lanka

Government

International

Bond

7

.550

%

03/28/30

$

484,712‌

TOTAL

SRI

LANKA

1,037,628‌

SUPRANATIONAL

-

0

.7

%

975,000

g

African

Export-Import

Bank

2

.634

05/17/26

852,192‌

2,975,000

g

Banque

Ouest

Africaine

de

Developpement

4

.700

10/22/31

2,436,932‌

675,000

†

European

Bank

for

Reconstruction

&

Development

10

.000

02/28/23

569,540‌

TOTAL

SUPRANATIONAL

3,858,664‌

THAILAND

-

0

.2

%

THB

47,000,000

Thailand

Government

International

Bond

2

.875

12/17/28

1,311,144‌

TOTAL

THAILAND

1,311,144‌

TRINIDAD

AND

TOBAGO

-

0

.2

%

1,100,000

g

Trinidad

&

Tobago

Government

International

Bond

4

.500

06/26/30

1,005,332‌

TOTAL

TRINIDAD

AND

TOBAGO

1,005,332‌

TURKEY

-

1

.6

%

2,675,000

Turkey

Government

International

Bond

5

.125

02/17/28

2,076,041‌

1,500,000

Turkey

Government

International

Bond

6

.500

09/20/33

1,087,888‌

4,350,000

Turkey

Government

International

Bond

4

.875

04/16/43

2,560,604‌

625,000

Turkey

Government

International

Bond

6

.625

02/17/45

421,154‌

2,500,000

g

Turkiye

Ihracat

Kredi

Bankasi

AS.

5

.750

07/06/26

2,023,222‌

1,500,000

g

Turkiye

Ihracat

Kredit

Bankasi

5

.375

10/24/23

1,406,214‌

TOTAL

TURKEY

9,575,123‌

UGANDA

-

0

.3

%

UGX

6,750,000,000

Republic

of

Uganda

Government

Bonds

14

.250

08/23/29

1,656,281‌

TOTAL

UGANDA

1,656,281‌

UKRAINE

-

0

.5

%

2,225,000

†,g

NPC

Ukrenergo

6

.875

11/09/26

400,500‌

UAH

37,000,000

†

Ukraine

Government

International

Bond

15

.840

02/26/25

425,443‌

1,925,000

g

Ukraine

Government

International

Bond

7

.750

09/01/25

346,500‌

1,450,000

g

Ukraine

Government

International

Bond

9

.750

11/01/28

286,375‌

EUR

525,000

g

Ukraine

Government

International

Bond

4

.375

01/27/30

95,779‌

3,000,000

g

Ukraine

Government

International

Bond

7

.253

03/15/33

565,500‌

2,320,000

g,i

Ukraine

Government

International

Bond

0

.000

05/31/40

614,800‌

TOTAL

UKRAINE

2,734,897‌

UNITED

ARAB

EMIRATES

-

0

.8

%

2,650,000

g

Abu

Dhabi

Government

International

Bond

3

.125

09/30/49

2,208,366‌

3,325,000

Emirate

of

Dubai

Government

International

Bonds

3

.900

09/09/50

2,419,936‌

TOTAL

UNITED

ARAB

EMIRATES

4,628,302‌

URUGUAY

-

0

.6

%

1,770,000

Uruguay

Government

International

Bond

4

.375

01/23/31

1,855,176‌

UYU

61,000,000

Uruguay

Government

International

Bond

8

.250

05/21/31

1,266,766‌

500,000

Uruguay

Government

International

Bond

4

.125

11/20/45

489,361‌

TOTAL

URUGUAY

3,611,303‌

UZBEKISTAN

-

0

.6

%

UZS

7,990,000,000

g

Republic

of

Uzbekistan

Bond

14

.500

11/25/23

739,035‌

1,000,000

g

Republic

of

Uzbekistan

Bond

3

.700

11/25/30

740,522‌

1,975,000

g

Republic

of

Uzbekistan

Government

International

Bond

5

.375

02/20/29

1,720,811‌

UZS

5,708,925,000

g

Republic

of

Uzbekistan

International

Bond

14

.000

07/19/24

521,768‌

TOTAL

UZBEKISTAN

3,722,136‌

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

265

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

VIETNAM

-

0

.3

%

$

1,975,000

g

Vietnam

Government

International

Bond

4

.800

%

11/19/24

$

1,968,298‌

TOTAL

VIETNAM

1,968,298‌

ZAMBIA

-

0

.5

%

3,900,000

g

Zambia

Government

International

Bond

8

.500

04/14/24

2,258,334‌

750,000

g

Zambia

Government

International

Bond

8

.970

07/30/27

427,500‌

TOTAL

ZAMBIA

2,685,834‌

TOTAL

GOVERNMENT

BONDS

247,170,661‌

(Cost

$319,756,871)

STRUCTURED

ASSETS

-

0.5%

CAYMAN

ISLANDS

-

0

.5

%

3,000,000

†,g

Industrial

DPR

Funding

Ltd

5

.380

04/15/34

2,805,000‌

Series

-

2022

1A

(Class

1)

TOTAL

CAYMAN

ISLANDS

2,805,000‌

TOTAL

STRUCTURED

ASSETS

2,805,000‌

(Cost

$3,000,000)

TOTAL

BONDS

538,184,884‌

(Cost

$658,975,198)

SHARES

COMPANY

COMMON

STOCKS

-

0.6%

MEXICO

-

0

.4

%

270,981

*,e

Grupo

Aeromexico

SAB

de

C.V.

2,631,981‌

TOTAL

MEXICO

2,631,981‌

SOUTH

AFRICA

-

0

.2

%

729,619

*

Petra

Diamonds

Ltd

927,746‌

TOTAL

SOUTH

AFRICA

927,746‌

TOTAL

COMMON

STOCKS

3,559,727‌

(Cost

$5,779,534)

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

6.8%

REPURCHASE

AGREEMENT

-

4

.4

%

25,430,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.250

08/01/22

25,430,000‌

TOTAL

REPURCHASE

AGREEMENT

25,430,000‌

TREASURY

DEBT

-

0

.1

%

EGP

9,200,000

Egypt

Treasury

Bill

0

.000

09/13/22

477,751‌

TOTAL

TREASURY

DEBT

477,751‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

2

.3

%

13,627,967

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

13,627,967‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

13,627,967‌

TOTAL

SHORT-TERM

INVESTMENTS

39,535,718‌

(Cost

$39,631,538)

TOTAL

INVESTMENTS

-

100.0%

583,068,588‌

(Cost

$706,212,470)

Portfolio

of

investments

(unaudited)

Emerging

Markets

Debt

Fund

July

31,

2022

266

TIAA-CREF

Funds

concluded

Principal

denominated

in

U.S.

Dollars,

unless

otherwise

noted. 

SHARES

COMPANY

RATE

VALUE

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES—continued

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.0%

$

47,469‌

NET

ASSETS

-

100.0%

$

583,116,057‌

BRL

Brazilian

Real

CLP

Chilean

Peso

CNY

Chinese

Yuan

DOP

Dominican

Republic

Peso

EGP

Egyptian

Pound

EUR

Euro

GHS

Ghanaian

Cedi

KZT

Kazakhstani

Tenge

LIBOR

London

Interbank

Offered

Rate

M

Month

MXN

Mexican

Peso

MYR

Malaysian

Ringgit

PEN

Peruvian

Sol

RUB

Russian

Ruble

THB

Thai

Baht

UAH

Ukrainian

Hryvnia

UGX

Ugandan

Shilling

UYU

Uruguayan

Peso

UZS

Uzbekistani

Som

ZAR

South

African

Rand

*

Non-income

producing

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

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

$16,196,863.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$428,168,387

or

73.4%

of

net

assets.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

o

Payment

in

Kind

Bond

q

In

default

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.250%

dated

7/31/22

to

be

repurchased

at

$25,430,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$25,938,672.

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

267

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

1.1%

CANADA

-

0

.1

%

$

386,913

i

1011778

BC

ULC

LIBOR

1

M

+

1.750%

4

.122

%

11/19/26

$

374,702‌

TOTAL

CANADA

374,702‌

IRELAND

-

0

.1

%

261,086

i

Avolon

TLB

Borrower

US

LLC

LIBOR

1

M

+

1.750%

3

.876

01/15/25

255,496‌

342,125

i

Avolon

TLB

Borrower

US

LLC

LIBOR

1

M

+

1.500%

3

.626

02/12/27

328,683‌

TOTAL

IRELAND

584,179‌

UNITED

STATES

-

0

.9

%

332,921

i

American

Airlines,

Inc

LIBOR

3

M

+

2.000%

2

.840

12/14/23

326,625‌

250,389

i

Change

Healthcare

Holdings

LLC

LIBOR

1

M

+

2.500%

4

.872

03/01/24

246,868‌

992,481

i

Jazz

Financing

Lux

Sarl

LIBOR

1

M

+

3.500%

5

.872

05/05/28

968,086‌

294,485

i

Nielsen

Finance

LLC

LIBOR

1

M

+

2.000%

3

.872

10/04/23

293,687‌

997,500

i

Phoenix

Newco,

Inc

LIBOR

1

M

+

3.250%

5

.622

11/15/28

969,760‌

299,967

i

Sabre

GLBL,

Inc

SOFR

1M

+

4.250%

4

.750

06/30/28

291,343‌

408,222

i

Samsonite

IP

Holdings

Sarl

LIBOR

1

M

+

1.750%

2

.250

04/25/25

388,729‌

230,779

i

Team

Health

Holdings,

Inc

SOFR

1M

+

5.250%

7

.577

03/02/27

188,276‌

TOTAL

UNITED

STATES

3,673,374‌

TOTAL

BANK

LOAN

OBLIGATIONS

4,632,255‌

(Cost

$4,802,541)

BONDS

-

91.9%

CORPORATE

BONDS

-

21.8%

AUSTRIA

-

0

.1

%

EUR

600,000

Erste

Group

Bank

AG.

4

.250

N/A‡

506,559‌

TOTAL

AUSTRIA

506,559‌

BELGIUM

-

0

.2

%

EUR

300,000

z

Argenta

Spaarbank

NV

1

.375

02/08/29

273,654‌

EUR

800,000

z

Proximus

SADP

0

.750

11/17/36

656,250‌

TOTAL

BELGIUM

929,904‌

BRAZIL

-

0

.2

%

300,000

g

B3

S.A.-Brasil

Bolsa

Balcao

4

.125

09/20/31

252,078‌

200,000

g

Natura

Cosmeticos

S.A.

4

.125

05/03/28

169,516‌

500,000

Suzano

Austria

GmbH

3

.125

01/15/32

406,375‌

TOTAL

BRAZIL

827,969‌

CANADA

-

0

.8

%

500,000

Enbridge,

Inc

5

.750

07/15/80

470,950‌

EUR

250,000

g

Fairfax

Financial

Holdings

Ltd

2

.750

03/29/28

245,168‌

750,000

g

GFL

Environmental,

Inc

4

.250

06/01/25

735,000‌

1,275,000

g

MEG

Energy

Corp

5

.875

02/01/29

1,211,250‌

500,000

g

Nova

Chemicals

Corp

4

.875

06/01/24

489,687‌

315,000

g

Parkland

Corp

4

.625

05/01/30

281,862‌

TOTAL

CANADA

3,433,917‌

CHILE

-

0

.6

%

398,922

g

Alfa

Desarrollo

S.p.A

4

.550

09/27/51

287,223‌

300,000

Celulosa

Arauco

y

Constitucion

S.A.

3

.875

11/02/27

280,998‌

250,000

g

Celulosa

Arauco

y

Constitucion

S.A.

4

.250

04/30/29

233,000‌

450,000

g

Cia

Cervecerias

Unidas

S.A.

3

.350

01/19/32

391,500‌

275,000

g

Colbun

S.A.

3

.150

01/19/32

223,781‌

200,000

g

Corp

Nacional

del

Cobre

de

Chile

3

.625

08/01/27

195,208‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

268

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CHILE—continued

$

325,000

g

Corp

Nacional

del

Cobre

de

Chile

3

.150

%

01/15/51

$

236,116‌

200,000

g

Embotelladora

Andina

S.A.

3

.950

01/21/50

156,500‌

325,000

g

Empresa

Nacional

de

Telecomunicaciones

S.A.

3

.050

09/14/32

264,469‌

300,000

g

Sociedad

Quimica

y

Minera

de

Chile

S.A.

3

.500

09/10/51

225,750‌

TOTAL

CHILE

2,494,545‌

CHINA

-

0

.2

%

300,000

g

ENN

Clean

Energy

International

Investment

Ltd

3

.375

05/12/26

253,588‌

300,000

g

ENN

Energy

Holdings

Ltd

2

.625

09/17/30

259,890‌

350,000

e

JD.com,

Inc

3

.375

01/14/30

323,942‌

TOTAL

CHINA

837,420‌

COLOMBIA

-

0

.2

%

350,000

Bancolombia

S.A.

3

.000

01/29/25

329,525‌

300,000

Ecopetrol

S.A.

5

.375

06/26/26

290,400‌

75,000

Ecopetrol

S.A.

6

.875

04/29/30

71,515‌

225,000

Ecopetrol

S.A.

4

.625

11/02/31

185,062‌

TOTAL

COLOMBIA

876,502‌

CZECH

REPUBLIC

-

0

.1

%

EUR

300,000

z

CPI

Property

Group

S.A.

1

.750

01/14/30

233,538‌

TOTAL

CZECH

REPUBLIC

233,538‌

FRANCE

-

1

.2

%

EUR

250,000

g

Altice

France

S.A.

5

.875

02/01/27

240,388‌

EUR

600,000

g

Altice

France

S.A.

3

.375

01/15/28

509,124‌

EUR

500,000

z

BNP

Paribas

S.A.

2

.100

04/07/32

479,889‌

EUR

500,000

Credit

Agricole

Assurances

S.A.

1

.500

10/06/31

419,909‌

EUR

600,000

Electricite

de

France

S.A.

2

.000

10/02/30

590,867‌

EUR

500,000

z

Engie

S.A.

1

.875

N/A‡

378,119‌

EUR

500,000

g

Iliad

Holding

SAS

5

.125

10/15/26

492,999‌

EUR

300,000

z

La

Poste

S.A.

0

.625

01/18/36

232,051‌

GBP

700,000

z

Societe

Generale

S.A.

1

.250

12/07/27

742,581‌

EUR

500,000

z

Societe

Generale

S.A.

0

.500

06/12/29

446,378‌

EUR

600,000

z

Suez

SACA

2

.375

05/24/30

602,902‌

TOTAL

FRANCE

5,135,207‌

GERMANY

-

1

.0

%

900,000

Deutsche

Bank

AG.

3

.742

01/07/33

685,098‌

EUR

750,000

g,o

IHO

Verwaltungs

GmbH

3

.750

09/15/26

666,888‌

MXN

11,000,000

Kreditanstalt

fuer

Wiederaufbau

4

.400

07/25/25

472,365‌

EUR

600,000

Volkswagen

Bank

GmbH

2

.500

07/31/26

617,125‌

GBP

800,000

Volkswagen

International

Finance

NV

3

.375

11/16/26

940,934‌

EUR

800,000

Vonovia

SE

0

.625

12/14/29

680,084‌

TOTAL

GERMANY

4,062,494‌

HUNGARY

-

0

.1

%

EUR

400,000

z

MVM

Energetika

Zrt

0

.875

11/18/27

313,071‌

TOTAL

HUNGARY

313,071‌

INDIA

-

0

.3

%

300,000

g

Adani

Electricity

Mumbai

Ltd

3

.867

07/22/31

232,226‌

425,000

g

Bharti

Airtel

Ltd

3

.250

06/03/31

366,269‌

200,000

g

CA

Magnum

Holdings

5

.375

10/31/26

176,494‌

200,000

g

Indian

Railway

Finance

Corp

Ltd

3

.249

02/13/30

176,029‌

250,000

z

Power

Finance

Corp

Ltd

3

.350

05/16/31

211,348‌

225,000

g

UltraTech

Cement

Ltd

2

.800

02/16/31

182,085‌

TOTAL

INDIA

1,344,451‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

269

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

INDONESIA

-

0

.1

%

$

225,000

g

Pelabuhan

Indonesia

III

Persero

PT

4

.500

%

05/02/23

$

225,227‌

200,000

g

Pertamina

Persero

PT

3

.650

07/30/29

187,326‌

225,000

g

Perusahaan

Listrik

Negara

PT

4

.875

07/17/49

186,053‌

TOTAL

INDONESIA

598,606‌

IRELAND

-

0

.2

%

EUR

1,000,000

z

Bank

of

Ireland

Group

plc

0

.375

05/10/27

924,483‌

TOTAL

IRELAND

924,483‌

ISRAEL

-

0

.3

%

500,000

g

Bank

Hapoalim

BM

3

.255

01/21/32

430,116‌

300,000

g

Bank

Leumi

Le-Israel

BM

3

.275

01/29/31

268,500‌

625,000

g

Israel

Electric

Corp

Ltd

4

.250

08/14/28

619,380‌

TOTAL

ISRAEL

1,317,996‌

ITALY

-

0

.2

%

200,000

g

Intesa

Sanpaolo

S.p.A

4

.198

06/01/32

152,878‌

750,000

g

UniCredit

S.p.A

2

.569

09/22/26

669,814‌

TOTAL

ITALY

822,692‌

JAPAN

-

0

.5

%

EUR

550,000

z

Mitsubishi

UFJ

Financial

Group,

Inc

2

.264

06/14/25

568,913‌

EUR

500,000

z

ORIX

Corp

1

.919

04/20/26

503,041‌

EUR

500,000

Takeda

Pharmaceutical

Co

Ltd

1

.000

07/09/29

477,627‌

EUR

500,000

Takeda

Pharmaceutical

Co

Ltd

1

.375

07/09/32

468,287‌

TOTAL

JAPAN

2,017,868‌

KAZAKHSTAN

-

0

.2

%

225,000

g

Development

Bank

of

Kazakhstan

JSC

5

.750

05/12/25

223,403‌

475,000

g

KazTransGas

JSC

4

.375

09/26/27

416,679‌

400,000

g

Tengizchevroil

Finance

Co

International

Ltd

2

.625

08/15/25

332,949‌

TOTAL

KAZAKHSTAN

973,031‌

KOREA,

REPUBLIC

OF

-

0

.2

%

300,000

z

Hyundai

Heavy

Industries

Co

Ltd

3

.179

03/28/27

291,689‌

250,000

g

Kia

Corp

2

.750

02/14/27

234,478‌

200,000

g

Korea

East-West

Power

Co

Ltd

3

.600

05/06/25

199,160‌

250,000

g

POSCO

4

.500

08/04/27

249,583‌

TOTAL

KOREA,

REPUBLIC

OF

974,910‌

KUWAIT

-

0

.1

%

375,000

g

NBK

SPC

Ltd

1

.625

09/15/27

336,929‌

TOTAL

KUWAIT

336,929‌

LUXEMBOURG

-

0

.4

%

EUR

1,000,000

g

Albion

Financing  SARL

5

.250

10/15/26

895,681‌

EUR

250,000

z

Czech

Gas

Networks

Investments

Sarl

0

.450

09/08/29

172,786‌

EUR

500,000

z

ProLogis

International

Funding

II

S.A.

2

.375

11/14/30

498,998‌

TOTAL

LUXEMBOURG

1,567,465‌

MALAYSIA

-

0

.2

%

300,000

g

CIMB

Bank

Bhd

2

.125

07/20/27

275,895‌

400,000

g

Genm

Capital

Labuan

Ltd

3

.882

04/19/31

306,316‌

250,000

g

Petronas

Energy

Canada

Ltd

2

.112

03/23/28

229,896‌

TOTAL

MALAYSIA

812,107‌

MEXICO

-

0

.3

%

210,000

America

Movil

SAB

de

C.V.

4

.700

07/21/32

217,789‌

375,000

g

Becle

SAB

de

C.V.

2

.500

10/14/31

313,346‌

375,000

g

Orbia

Advance

Corp

SAB

de

C.V.

1

.875

05/11/26

340,114‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

270

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEXICO—continued

$

500,000

g

Sigma

Alimentos

S.A.

de

C.V.

4

.125

%

05/02/26

$

483,125‌

TOTAL

MEXICO

1,354,374‌

NETHERLANDS

-

0

.5

%

EUR

600,000

Cooperatieve

Rabobank

UA

3

.250

N/A‡

536,576‌

EUR

500,000

ING

Groep

NV

1

.250

02/16/27

491,562‌

EUR

1,300,000

g

VZ

Secured

Financing

BV

3

.500

01/15/32

1,090,884‌

TOTAL

NETHERLANDS

2,119,022‌

NIGERIA

-

0

.2

%

EUR

1,000,000

g

BOI

Finance

BV

7

.500

02/16/27

800,337‌

TOTAL

NIGERIA

800,337‌

PANAMA

-

0

.1

%

200,000

g

Aeropuerto

Internacional

de

Tocumen

S.A.

4

.000

08/11/41

166,200‌

300,000

g

Banco

General

S.A.

4

.125

08/07/27

282,690‌

TOTAL

PANAMA

448,890‌

PERU

-

0

.0

%

200,000

g

Kallpa

Generacion

SA

4

.125

08/16/27

183,000‌

TOTAL

PERU

183,000‌

POLAND

-

0

.1

%

EUR

150,000

z

GTC

Aurora

Luxembourg

S.A.

2

.250

06/23/26

117,448‌

EUR

300,000

z

mBank

S.A.

0

.966

09/21/27

243,235‌

EUR

250,000

z

Polski

Koncern

Naftowy

ORLEN

S.A.

1

.125

05/27/28

205,503‌

TOTAL

POLAND

566,186‌

QATAR

-

0

.5

%

CNY

16,000,000

QNB

Finance

Ltd

3

.150

02/04/26

2,289,430‌

TOTAL

QATAR

2,289,430‌

ROMANIA

-

0

.0

%

EUR

250,000

z

NE

Property

BV

2

.000

01/20/30

197,227‌

TOTAL

ROMANIA

197,227‌

RUSSIA

-

0

.1

%

EUR

400,000

†,g

Gazprom

PJSC

via

Gaz

Finance

plc

1

.850

11/17/28

155,352‌

300,000

†,g

Phosagro

OAO

Via

Phosagro

Bond

Funding

DAC

2

.600

09/16/28

120,000‌

TOTAL

RUSSIA

275,352‌

SAUDI

ARABIA

-

0

.2

%

500,000

g

Arabian

Centres

Sukuk

II

Ltd

5

.625

10/07/26

448,673‌

250,000

g

SABIC

Capital

II

BV

4

.000

10/10/23

250,212‌

275,000

g

Saudi

Arabian

Oil

Co

2

.250

11/24/30

243,039‌

TOTAL

SAUDI

ARABIA

941,924‌

SINGAPORE

-

0

.1

%

EUR

200,000

z

Temasek

Financial

I

Ltd

0

.500

11/20/31

177,112‌

500,000

g

United

Overseas

Bank

Ltd

2

.000

10/14/31

453,677‌

TOTAL

SINGAPORE

630,789‌

SOUTH

AFRICA

-

0

.4

%

450,000

AngloGold

Ashanti

Holdings

plc

3

.750

10/01/30

385,585‌

1,250,000

z

Eskom

Holdings

SOC

Ltd

4

.314

07/23/27

1,110,511‌

TOTAL

SOUTH

AFRICA

1,496,096‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

271

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SPAIN

-

0

.2

%

$

800,000

Banco

Santander

S.A.

7

.500

%

N/A‡

$

810,000‌

TOTAL

SPAIN

810,000‌

SUPRANATIONAL

-

0

.1

%

GBP

400,000

z

International

Finance

Facility

for

Immunisation

Co

2

.750

06/07/25

490,554‌

TOTAL

SUPRANATIONAL

490,554‌

SWITZERLAND

-

0

.4

%

EUR

750,000

z

Cloverie

plc

for

Zurich

Insurance

Co

Ltd

1

.500

12/15/28

746,766‌

GBP

500,000

Credit

Suisse

Group

AG.

2

.250

06/09/28

537,609‌

EUR

600,000

z

UBS

Group

AG

0

.250

11/05/28

545,404‌

TOTAL

SWITZERLAND

1,829,779‌

TAIWAN

-

0

.1

%

300,000

TSMC

Arizona

Corp

4

.125

04/22/29

302,634‌

TOTAL

TAIWAN

302,634‌

THAILAND

-

0

.2

%

430,000

g

Bangkok

Bank

PCL

3

.466

09/23/36

368,979‌

200,000

g,z

PTTEP

Treasury

Center

Co

Ltd

2

.587

06/10/27

185,254‌

300,000

g

Thaioil

Treasury

Center

Co

Ltd

2

.500

06/18/30

243,621‌

TOTAL

THAILAND

797,854‌

TURKEY

-

0

.1

%

EUR

250,000

z

Arcelik

AS.

3

.000

05/27/26

209,864‌

TOTAL

TURKEY

209,864‌

UNITED

ARAB

EMIRATES

-

0

.1

%

200,000

g

DAE

Funding

LLC

3

.375

03/20/28

175,850‌

297,963

g

Sweihan

PV

Power

Co

PJSC

3

.625

01/31/49

250,468‌

TOTAL

UNITED

ARAB

EMIRATES

426,318‌

UNITED

KINGDOM

-

1

.9

%

EUR

800,000

z

Barclays

plc

0

.625

11/14/23

816,328‌

EUR

800,000

z

Barclays

plc

0

.877

01/28/28

745,099‌

EUR

1,000,000

BP

Capital

Markets

plc

1

.231

05/08/31

921,653‌

UGX

3,000,000,000

†,g

ICBC

Standard

Bank

plc

14

.250

06/26/34

662,985‌

GBP

750,000

Lloyds

Banking

Group

plc

1

.985

12/15/31

811,778‌

EUR

500,000

London

Stock

Exchange

Group

plc

1

.750

12/06/27

505,511‌

EUR

750,000

Natwest

Group

plc

1

.750

03/02/26

752,977‌

EUR

600,000

z

Standard

Chartered

plc

0

.800

11/17/29

536,191‌

EUR

700,000

z

Standard

Chartered

plc

1

.200

09/23/31

643,705‌

GBP

400,000

Tesco

Corporate

Treasury

Services

plc

2

.750

04/27/30

438,153‌

GBP

700,000

Virgin

Money

UK

plc

3

.375

04/24/26

817,603‌

GBP

600,000

g

Vmed

O2

UK

Financing

I

plc

4

.500

07/15/31

632,443‌

TOTAL

UNITED

KINGDOM

8,284,426‌

UNITED

STATES

-

8

.8

%

EUR

500,000

z

Abbott

Ireland

Financing

DAC

1

.500

09/27/26

513,692‌

EUR

1,200,000

AbbVie,

Inc

1

.250

06/01/24

1,224,680‌

JPY

100,000,000

Aflac,

Inc

0

.550

03/12/30

731,475‌

EUR

250,000

g

Allied

Universal

Holdco

LLC

3

.625

06/01/28

211,049‌

EUR

575,000

American

Honda

Finance

Corp

1

.950

10/18/24

595,201‌

EUR

500,000

American

Medical

Systems

Europe

BV

1

.625

03/08/31

483,165‌

EUR

300,000

American

Tower

Corp

1

.375

04/04/25

302,453‌

EUR

650,000

American

Tower

Corp

0

.450

01/15/27

607,673‌

EUR

500,000

Aptiv

plc

1

.500

03/10/25

503,519‌

EUR

250,000

g

Ardagh

Metal

Packaging

Finance

USA

LLC

2

.000

09/01/28

223,543‌

EUR

750,000

g

Ardagh

Metal

Packaging

Finance

USA

LLC

3

.000

09/01/29

629,602‌

EUR

500,000

AT&T,

Inc

2

.350

09/05/29

517,157‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

272

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UNITED

STATES—continued

EUR

750,000

g

Avantor

Funding,

Inc

3

.875

%

07/15/28

$

710,810‌

EUR

500,000

z

Bank

of

America

Corp

1

.662

04/25/28

496,246‌

EUR

500,000

z

Bank

of

America

Corp

0

.654

10/26/31

434,534‌

EUR

500,000

z

Bank

of

America

Corp

2

.824

04/27/33

508,975‌

EUR

700,000

Becton

Dickinson

&

Co

1

.401

05/24/23

715,986‌

EUR

600,000

z

Blackstone

Private

Credit

Fund

1

.750

11/30/26

518,815‌

EUR

700,000

Capital

One

Financial

Corp

0

.800

06/12/24

696,468‌

EUR

400,000

Celanese

US

Holdings

LLC

0

.625

09/10/28

320,010‌

EUR

750,000

Chubb

INA

Holdings,

Inc

1

.550

03/15/28

738,319‌

EUR

350,000

Chubb

INA

Holdings,

Inc

1

.400

06/15/31

324,269‌

EUR

750,000

z

Citigroup,

Inc

1

.250

07/06/26

748,199‌

EUR

700,000

Comcast

Corp

0

.250

05/20/27

668,040‌

EUR

750,000

g

Coty,

Inc

3

.875

04/15/26

734,669‌

EUR

500,000

g

Dana

Financing

Luxembourg

Sarl

3

.000

07/15/29

400,306‌

GBP

600,000

Digital

Stout

Holding

LLC

3

.750

10/17/30

695,110‌

GBP

200,000

Discovery

Communications

LLC

2

.500

09/20/24

239,333‌

EUR

800,000

Dow

Chemical

Co

0

.500

03/15/27

750,318‌

EUR

300,000

Equinix,

Inc

1

.000

03/15/33

247,860‌

EUR

500,000

FedEx

Corp

1

.625

01/11/27

503,062‌

EUR

375,000

Fidelity

National

Information

Services,

Inc

1

.100

07/15/24

380,802‌

EUR

750,000

z

General

Motors

Financial

Co,

Inc

0

.600

05/20/27

678,043‌

EUR

500,000

i,z

Goldman

Sachs

Group,

Inc

EURIBOR

3

M

+

1.000%

0

.579

02/07/25

508,126‌

EUR

500,000

z

Goldman

Sachs

Group,

Inc

0

.250

01/26/28

450,101‌

GBP

400,000

z

Goldman

Sachs

Group,

Inc

3

.625

10/29/29

483,057‌

EUR

295,000

g

Goodyear

Europe

BV

2

.750

08/15/28

251,064‌

EUR

500,000

Highland

Holdings

Sarl

0

.318

12/15/26

470,813‌

EUR

1,000,000

Honeywell

International,

Inc

0

.000

03/10/24

1,005,992‌

EUR

600,000

International

Business

Machines

Corp

0

.650

02/11/32

534,307‌

EUR

400,000

International

Flavors

&

Fragrances,

Inc

1

.800

09/25/26

396,608‌

EUR

500,000

g

International

Game

Technology

plc

3

.500

06/15/26

486,606‌

EUR

500,000

g

IQVIA,

Inc

1

.750

03/15/26

481,491‌

EUR

650,000

Liberty

Mutual

Group,

Inc

2

.750

05/04/26

678,719‌

EUR

450,000

g

Liberty

Mutual

Group,

Inc

2

.750

05/04/26

469,883‌

EUR

500,000

z

McDonald's

Corp

2

.375

05/31/29

516,995‌

GBP

600,000

McKesson

Corp

3

.125

02/17/29

704,521‌

EUR

400,000

z

Metropolitan

Life

Global

Funding

I

1

.750

05/25/25

411,294‌

EUR

600,000

z

Mondelez

International

Holdings

Netherlands

BV

1

.250

09/09/41

456,573‌

EUR

670,000

Morgan

Stanley

1

.342

10/23/26

667,317‌

EUR

500,000

Morgan

Stanley

2

.950

05/07/32

521,496‌

EUR

500,000

g

Olympus

Water

US

Holding

Corp

3

.875

10/01/28

412,853‌

EUR

100,000

g

Organon

Finance  LLC

2

.875

04/30/28

92,972‌

$

1,250,000

g

Organon

Finance  LLC

5

.125

04/30/31

1,170,312‌

GBP

600,000

PepsiCo,

Inc

3

.200

07/22/29

744,683‌

GBP

500,000

Pfizer,

Inc

2

.735

06/15/43

546,488‌

EUR

540,000

ProLogis

Euro

Finance

LLC

0

.375

02/06/28

503,525‌

EUR

500,000

Raytheon

Technologies

Corp

2

.150

05/18/30

502,545‌

EUR

700,000

Southern

Co

1

.875

09/15/81

510,766‌

EUR

450,000

Stryker

Corp

2

.625

11/30/30

465,063‌

EUR

700,000

The

Procter

&

Gamble

Company

0

.625

10/30/24

713,884‌

EUR

500,000

The

Procter

&

Gamble

Company

1

.875

10/30/38

499,775‌

EUR

1,100,000

Thermo

Fisher

Scientific

Finance

I

BV

0

.800

10/18/30

1,022,803‌

GBP

600,000

Time

Warner

Cable

LLC

5

.750

06/02/31

771,883‌

EUR

400,000

Verizon

Communications,

Inc

1

.875

10/26/29

402,019‌

EUR

600,000

Walmart,

Inc

2

.550

04/08/26

638,849‌

EUR

1,000,000

Whirlpool

EMEA

Finance

Sarl

0

.500

02/20/28

904,578‌

TOTAL

UNITED

STATES

37,451,344‌

TOTAL

CORPORATE

BONDS

93,247,064‌

(Cost

$111,297,569)

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

273

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UNITED

STATES—continued

GOVERNMENT

BONDS

-

65.0%

ANGOLA

-

0

.3

%

$

1,550,000

g

Angolan

Government

International

Bond

8

.750

%

04/14/32

$

1,252,424‌

TOTAL

ANGOLA

1,252,424‌

AUSTRALIA

-

2

.0

%

AUD

3,650,000

Australia

Government

Bond

0

.250

11/21/25

2,349,885‌

AUD

3,765,000

z

Australia

Government

Bond

2

.250

05/21/28

2,543,435‌

AUD

1,660,000

z

Australia

Government

Bond

3

.000

11/21/33

1,148,436‌

AUD

2,550,000

†,z

Australia

Government

Bond

1

.750

06/21/51

1,234,424‌

AUD

1,685,000

New

South

Wales

Treasury

Corp

3

.000

04/20/29

1,151,826‌

TOTAL

AUSTRALIA

8,428,006‌

BELGIUM

-

1

.3

%

EUR

2,125,000

g

Kingdom

of

Belgium

Government

International

Bond

0

.000

10/22/27

2,084,418‌

EUR

3,825,000

g

Kingdom

of

Belgium

Government

International

Bond

0

.350

06/22/32

3,526,883‌

TOTAL

BELGIUM

5,611,301‌

BENIN

-

0

.2

%

EUR

1,275,000

†,g

Benin

Government

International

Bond

4

.950

01/22/35

841,298‌

TOTAL

BENIN

841,298‌

BRAZIL

-

0

.2

%

BRL

5,500,000

Brazil

Notas

do

Tesouro

Nacional

Serie

F

10

.000

01/01/27

966,632‌

TOTAL

BRAZIL

966,632‌

CAMEROON

-

0

.1

%

EUR

650,000

g

Republic

of

Cameroon

International

Bond

5

.950

07/07/32

445,024‌

TOTAL

CAMEROON

445,024‌

CANADA

-

3

.4

%

CAD

3,050,000

g

Canada

Housing

Trust

No

1

.100

12/15/26

2,202,988‌

CAD

1,800,000

Canadian

Government

International

Bond

2

.000

09/01/23

1,388,821‌

CAD

2,625,000

Canadian

Government

International

Bond

2

.000

06/01/28

1,985,083‌

CAD

2,275,000

Canadian

Government

International

Bond

2

.000

06/01/32

1,683,061‌

CAD

1,300,000

Canadian

Government

International

Bond

5

.000

06/01/37

1,285,727‌

CAD

1,350,000

Hydro-Quebec

4

.000

02/15/55

1,106,999‌

CAD

1,600,000

Province

of

British

Columbia

Canada

2

.550

06/18/27

1,222,237‌

CAD

1,600,000

Province

of

New

Brunswick

Canada

3

.100

08/14/28

1,243,253‌

CAD

1,300,000

Province

of

Ontario

Canada

2

.150

06/02/31

924,543‌

CAD

1,100,000

Province

of

Ontario

Canada

1

.900

12/02/51

579,296‌

CAD

1,000,000

Province

of

Quebec

Canada

2

.750

09/01/27

769,872‌

TOTAL

CANADA

14,391,880‌

CHILE

-

0

.1

%

CLP

450,000,000

Bonos

de

la

Tesoreria

de

la

Republica

en

pesos

2

.500

03/01/25

443,395‌

TOTAL

CHILE

443,395‌

CHINA

-

10

.6

%

CNY

83,560,000

China

Government

International

Bond

2

.880

11/05/23

12,536,456‌

CNY

49,600,000

China

Government

International

Bond

2

.940

10/17/24

7,476,996‌

CNY

60,500,000

China

Government

International

Bond

3

.120

12/05/26

9,218,839‌

CNY

14,900,000

China

Government

International

Bond

2

.910

10/14/28

2,240,734‌

CNY

14,500,000

China

Government

International

Bond

3

.270

11/19/30

2,228,575‌

CNY

18,900,000

China

Government

International

Bond

3

.860

07/22/49

3,077,240‌

CNY

15,000,000

China

Government

International

Bond

3

.390

03/16/50

2,248,090‌

CNY

12,700,000

China

Government

International

Bond

3

.810

09/14/50

2,056,875‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

274

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CHINA—continued

CNY

24,800,000

China

Government

International

Bond

3

.720

%

04/12/51

$

3,951,608‌

TOTAL

CHINA

45,035,413‌

COTE

D'IVOIRE

-

0

.2

%

EUR

1,000,000

g

Ivory

Coast

Government

International

Bond

5

.875

10/17/31

801,499‌

EUR

100,000

g

Ivory

Coast

Government

International

Bond

4

.875

01/30/32

75,993‌

TOTAL

COTE

D'IVOIRE

877,492‌

CROATIA

-

0

.2

%

EUR

1,000,000

z

Croatia

Government

International

Bond

1

.125

03/04/33

857,829‌

TOTAL

CROATIA

857,829‌

CYPRUS

-

1

.1

%

EUR

1,300,000

z

Cyprus

Government

International

Bond

2

.375

09/25/28

1,299,916‌

EUR

1,100,000

z

Cyprus

Government

International

Bond

0

.625

01/21/30

951,847‌

EUR

1,550,000

z

Cyprus

Government

International

Bond

0

.950

01/20/32

1,347,697‌

EUR

575,000

z

Cyprus

Government

International

Bond

2

.750

02/26/34

559,699‌

EUR

500,000

z

Cyprus

Government

International

Bond

2

.750

05/03/49

448,976‌

TOTAL

CYPRUS

4,608,135‌

DOMINICAN

REPUBLIC

-

0

.2

%

DOP

15,000,000

g

Dominican

Republic

Government

International

Bond

9

.750

06/05/26

267,331‌

$

750,000

g

Dominican

Republic

Government

International

Bond

4

.875

09/23/32

630,740‌

TOTAL

DOMINICAN

REPUBLIC

898,071‌

ECUADOR

-

0

.1

%

78,000

g

Ecuador

Government

International

Bond

0

.000

07/31/30

32,863‌

441,250

g

Ecuador

Government

International

Bond

(Step

Bond)

5

.500

07/31/30

264,468‌

309,125

g

Ecuador

Government

International

Bond

(Step

Bond)

2

.500

07/31/35

139,754‌

TOTAL

ECUADOR

437,085‌

EGYPT

-

0

.7

%

850,000

g

Egypt

Government

International

Bond

5

.750

05/29/24

724,817‌

EGP

16,250,000

Egypt

Government

International

Bond

15

.900

07/02/24

849,938‌

525,000

g

Egypt

Government

International

Bond

7

.600

03/01/29

364,340‌

EUR

900,000

g

Egypt

Government

International

Bond

6

.375

04/11/31

543,545‌

300,000

g

Egypt

Government

International

Bond

7

.053

01/15/32

188,370‌

675,000

g

Egypt

Government

International

Bond

8

.500

01/31/47

391,500‌

TOTAL

EGYPT

3,062,510‌

EL

SALVADOR

-

0

.1

%

1,000,000

g

El

Salvador

Government

International

Bond

6

.375

01/18/27

360,868‌

TOTAL

EL

SALVADOR

360,868‌

FRANCE

-

2

.6

%

EUR

2,500,000

French

Republic

Government

Bond

OAT

0

.500

05/25/25

2,551,292‌

EUR

3,775,000

French

Republic

Government

Bond

OAT

0

.750

11/25/28

3,823,546‌

EUR

2,450,000

g

French

Republic

Government

Bond

OAT

0

.500

05/25/40

2,011,674‌

EUR

910,000

French

Republic

Government

Bond

OAT

0

.750

05/25/52

680,994‌

EUR

2,500,000

z

UNEDIC

ASSEO

0

.250

07/16/35

2,100,218‌

TOTAL

FRANCE

11,167,724‌

GERMANY

-

2

.4

%

EUR

310,000

Bundesrepublik

Deutschland

1

.250

08/15/48

330,055‌

EUR

3,800,000

Bundesrepublik

Deutschland

Bundesanleihe

0

.500

08/15/27

3,888,291‌

EUR

4,500,000

Bundesrepublik

Deutschland

Bundesanleihe

1

.000

05/15/38

4,566,674‌

EUR

1,695,000

†

Bundesrepublik

Deutschland

Bundesanleihe

0

.000

08/15/52

1,257,163‌

TOTAL

GERMANY

10,042,183‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

275

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

GHANA

-

0

.2

%

$

500,000

g

Ghana

Government

International

Bond

7

.750

%

04/07/29

$

234,748‌

825,000

g

Ghana

Government

International

Bond

8

.125

03/26/32

369,468‌

1,000,000

g

Ghana

Government

International

Bond

8

.627

06/16/49

435,000‌

TOTAL

GHANA

1,039,216‌

GREECE

-

1

.1

%

EUR

575,000

g

Hellenic

Republic

Government

International

Bond

3

.875

03/12/29

629,047‌

EUR

2,300,000

g

Hellenic

Republic

Government

International

Bond

1

.500

06/18/30

2,104,940‌

EUR

1,300,000

g

Hellenic

Republic

Government

International

Bond

0

.750

06/18/31

1,100,746‌

EUR

1,100,000

g

Hellenic

Republic

Government

International

Bond

1

.750

06/18/32

1,006,139‌

TOTAL

GREECE

4,840,872‌

GUATEMALA

-

0

.2

%

775,000

g

Guatemala

Government

International

Bond

6

.125

06/01/50

738,655‌

TOTAL

GUATEMALA

738,655‌

HUNGARY

-

0

.4

%

HUF

504,050,000

Hungary

Government

International

Bond

3

.000

06/26/24

1,113,776‌

EUR

600,000

z

Hungary

Government

International

Bond

1

.750

06/05/35

453,185‌

TOTAL

HUNGARY

1,566,961‌

INDIA

-

0

.1

%

250,000

g

Export-Import

Bank

of

India

2

.250

01/13/31

205,093‌

TOTAL

INDIA

205,093‌

INDONESIA

-

0

.5

%

IDR

13,000,000,000

Indonesia

Treasury

Bond

8

.125

05/15/24

917,209‌

IDR

17,000,000,000

Indonesia

Treasury

Bond

6

.375

04/15/32

1,094,703‌

TOTAL

INDONESIA

2,011,912‌

ISRAEL

-

0

.7

%

ILS

5,250,000

Israel

Government

International

Bond

5

.500

01/31/42

2,126,358‌

ILS

3,200,000

Israel

Government

International

Bond

3

.750

03/31/47

1,038,157‌

TOTAL

ISRAEL

3,164,515‌

ITALY

-

2

.1

%

EUR

3,950,000

Italy

Buoni

Poliennali

Del

Tesoro

1

.250

12/01/26

3,898,906‌

EUR

2,625,000

Italy

Buoni

Poliennali

Del

Tesoro

0

.950

09/15/27

2,512,753‌

EUR

2,400,000

g

Italy

Buoni

Poliennali

Del

Tesoro

0

.950

03/01/37

1,813,876‌

EUR

950,000

†,g

Italy

Buoni

Poliennali

Del

Tesoro

1

.700

09/01/51

687,433‌

TOTAL

ITALY

8,912,968‌

JAPAN

-

10

.5

%

JPY

13,000,000

Japan

Finance

Organization

for

Municipalities

0

.440

08/15/25

98,764‌

JPY

21,000,000

Japan

Finance

Organization

for

Municipalities

0

.320

01/19/26

159,163‌

JPY

30,000,000

Japan

Finance

Organization

for

Municipalities

0

.145

02/16/26

226,001‌

JPY

14,000,000

Japan

Finance

Organization

for

Municipalities

0

.020

05/22/26

104,984‌

JPY

268,000,000

Japan

Government

Five

Year

Bond

0

.005

09/20/26

2,015,591‌

JPY

330,000,000

Japan

Government

Ten

Year

Bond

0

.100

06/20/28

2,488,220‌

JPY

322,000,000

Japan

Government

Ten

Year

Bond

0

.100

09/20/29

2,423,160‌

JPY

325,000,000

Japan

Government

Ten

Year

Bond

0

.100

12/20/29

2,442,515‌

JPY

210,000,000

Japan

Government

Ten

Year

Bond

0

.100

03/20/30

1,576,712‌

JPY

425,000,000

Japan

Government

Ten

Year

Bond

0

.100

06/20/30

3,188,063‌

JPY

513,000,000

Japan

Government

Ten

Year

Bond

0

.100

09/20/30

3,844,477‌

JPY

525,950,000

Japan

Government

Thirty

Year

Bond

2

.500

09/20/34

4,941,973‌

JPY

457,700,000

Japan

Government

Thirty

Year

Bond

0

.500

09/20/46

3,052,220‌

JPY

73,000,000

Japan

Government

Thirty

Year

Bond

0

.600

09/20/50

475,276‌

JPY

533,000,000

Japan

Government

Thirty

Year

Bond

0

.700

09/20/51

3,532,653‌

JPY

340,000,000

Japan

Government

Twenty

Year

Bond

2

.100

03/20/26

2,751,912‌

JPY

117,000,000

Japan

Government

Twenty

Year

Bond

1

.700

03/20/32

1,005,163‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

276

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

JAPAN—continued

JPY

278,000,000

Japan

Government

Twenty

Year

Bond

0

.600

%

12/20/36

$

2,110,546‌

JPY

256,000,000

Japan

Government

Twenty

Year

Bond

0

.500

06/20/38

1,886,410‌

JPY

660,000,000

Japan

Government

Twenty

Year

Bond

0

.700

09/20/38

4,999,892‌

JPY

185,000,000

Japan

Government

Twenty

Year

Bond

0

.300

06/20/39

1,302,367‌

TOTAL

JAPAN

44,626,062‌

JORDAN

-

0

.2

%

$

1,000,000

g

Jordan

Government

International

Bond

7

.750

01/15/28

973,330‌

TOTAL

JORDAN

973,330‌

KENYA

-

0

.3

%

1,200,000

g

Kenya

Government

International

Bond

7

.000

05/22/27

886,243‌

575,000

g

Kenya

Government

International

Bond

6

.300

01/23/34

352,024‌

TOTAL

KENYA

1,238,267‌

KOREA,

REPUBLIC

OF

-

2

.5

%

200,000

Export-Import

Bank

of

Korea

3

.000

11/01/22

200,016‌

KRW

1,900,000,000

Korea

Treasury

Bond

2

.250

06/10/25

1,428,939‌

KRW

1,200,000,000

Korea

Treasury

Bond

1

.375

12/10/29

817,581‌

KRW

7,440,000,000

Korea

Treasury

Bond

2

.000

06/10/31

5,208,846‌

KRW

1,175,000,000

Korea

Treasury

Bond

2

.375

12/10/31

848,032‌

KRW

1,940,000,000

Korea

Treasury

Bond

2

.375

09/10/38

1,344,813‌

KRW

800,000,000

Korea

Treasury

Bond

1

.875

09/10/41

508,284‌

KRW

730,000,000

Korea

Treasury

Bond

2

.500

03/10/52

509,106‌

TOTAL

KOREA,

REPUBLIC

OF

10,865,617‌

LEBANON

-

0

.0

%

1,400,000

†,q,z

Lebanon

Government

International

Bond

6

.850

03/23/27

87,780‌

TOTAL

LEBANON

87,780‌

MALAYSIA

-

0

.8

%

MYR

4,800,000

Malaysia

Government

Bond

3

.900

11/30/26

1,086,931‌

MYR

5,700,000

Malaysia

Government

Bond

3

.828

07/05/34

1,239,897‌

MYR

5,400,000

Malaysia

Government

Bond

3

.757

05/22/40

1,113,445‌

TOTAL

MALAYSIA

3,440,273‌

MEXICO

-

0

.7

%

MXN

30,800,000

Mexican

Bonos

5

.750

03/05/26

1,368,190‌

MXN

34,100,000

Mexican

Bonos

8

.500

11/18/38

1,626,824‌

TOTAL

MEXICO

2,995,014‌

MONGOLIA

-

0

.1

%

550,000

g

Mongolia

Government

International

Bond

4

.450

07/07/31

414,209‌

TOTAL

MONGOLIA

414,209‌

MOROCCO

-

0

.4

%

EUR

850,000

g

Morocco

Government

International

Bond

1

.375

03/30/26

796,489‌

EUR

1,100,000

g

Morocco

Government

International

Bond

1

.500

11/27/31

803,150‌

TOTAL

MOROCCO

1,599,639‌

NETHERLANDS

-

0

.5

%

EUR

550,000

g

Netherlands

Government

International

Bond

2

.750

01/15/47

725,579‌

EUR

2,200,000

†,g

Netherlands

Government

International

Bond

0

.000

01/15/52

1,503,328‌

TOTAL

NETHERLANDS

2,228,907‌

NEW

ZEALAND

-

0

.8

%

NZD

3,720,000

New

Zealand

Government

International

Bond

0

.500

05/15/24

2,227,323‌

NZD

1,000,000

New

Zealand

Government

International

Bond

4

.500

04/15/27

662,093‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

277

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

NEW

ZEALAND—continued

NZD

1,185,000

New

Zealand

Government

International

Bond

2

.000

%

05/15/32

$

657,230‌

TOTAL

NEW

ZEALAND

3,546,646‌

NIGERIA

-

0

.2

%

$

400,000

g

Nigeria

Government

International

Bond

6

.500

11/28/27

300,744‌

925,000

g,k

Nigeria

Government

International

Bond

8

.375

03/24/29

715,932‌

TOTAL

NIGERIA

1,016,676‌

NORWAY

-

1

.0

%

NOK

9,000,000

City

of

Oslo

Norway

2

.050

10/31/24

903,337‌

NOK

34,375,000

g

Norway

Government

International

Bond

2

.000

04/26/28

3,421,318‌

TOTAL

NORWAY

4,324,655‌

PAKISTAN

-

0

.3

%

900,000

e,g

Pakistan

Global

Sukuk

Programme

Co

Ltd

7

.950

01/31/29

646,974‌

1,000,000

e,g

Pakistan

Government

International

Bond

6

.000

04/08/26

522,022‌

TOTAL

PAKISTAN

1,168,996‌

PANAMA

-

0

.3

%

1,200,000

Panama

Bonos

del

Tesoro

3

.362

06/30/31

1,054,200‌

TOTAL

PANAMA

1,054,200‌

PARAGUAY

-

0

.2

%

925,000

g

Paraguay

Government

International

Bond

5

.400

03/30/50

800,838‌

TOTAL

PARAGUAY

800,838‌

PERU

-

0

.3

%

PEN

6,201,000

g

Peruvian

Government

International

Bond

5

.400

08/12/34

1,241,921‌

TOTAL

PERU

1,241,921‌

PHILIPPINES

-

0

.1

%

PHP

27,000,000

Philippine

Government

International

Bond

6

.250

01/14/36

473,052‌

TOTAL

PHILIPPINES

473,052‌

REPUBLIC

OF

SERBIA

-

0

.8

%

EUR

1,700,000

g

Serbia

Government

International

Bond

1

.500

06/26/29

1,312,273‌

EUR

725,000

g

Serbia

Government

International

Bond

2

.050

09/23/36

458,570‌

RSD

120,000,000

Serbia

Treasury

Bonds

5

.875

02/08/28

981,045‌

RSD

101,500,000

Serbia

Treasury

Bonds

4

.500

08/20/32

699,418‌

TOTAL

REPUBLIC

OF

SERBIA

3,451,306‌

ROMANIA

-

0

.8

%

RON

8,150,000

Romanian

Government

International

Bond

4

.000

10/25/23

1,609,149‌

660,000

g

Romanian

Government

International

Bond

3

.000

02/27/27

602,896‌

EUR

800,000

g

Romanian

Government

International

Bond

2

.000

01/28/32

593,875‌

EUR

850,000

g

Romanian

Government

International

Bond

2

.000

04/14/33

606,688‌

TOTAL

ROMANIA

3,412,608‌

RUSSIA

-

0

.1

%

RUB

90,000,000

†

Russian

Federal

Bond-OFZ

4

.500

07/16/25

317,435‌

RUB

37,000,000

†

Russian

Federal

Bond-OFZ

6

.900

07/23/31

130,501‌

TOTAL

RUSSIA

447,936‌

RWANDA

-

0

.4

%

2,450,000

g

Rwanda

International

Government

Bond

5

.500

08/09/31

1,799,801‌

TOTAL

RWANDA

1,799,801‌

SENEGAL

-

0

.3

%

EUR

1,000,000

g

Senegal

Government

International

Bond

4

.750

03/13/28

836,738‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

278

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SENEGAL—continued

EUR

825,000

g

Senegal

Government

International

Bond

5

.375

%

06/08/37

$

590,651‌

TOTAL

SENEGAL

1,427,389‌

SINGAPORE

-

0

.6

%

SGD

3,525,000

Singapore

Government

Bond

1

.625

07/01/31

2,353,429‌

TOTAL

SINGAPORE

2,353,429‌

SOUTH

AFRICA

-

0

.7

%

$

475,000

k

Republic

of

South

Africa

Government

International

Bond

5

.875

04/20/32

439,787‌

ZAR

20,900,000

Republic

of

South

Africa

Government

International

Bond

8

.875

02/28/35

1,073,722‌

500,000

Republic

of

South

Africa

Government

International

Bond

7

.300

04/20/52

436,208‌

ZAR

16,500,000

South

Africa

Government

International

Bond

7

.000

02/28/31

791,501‌

ZAR

7,800,000

South

Africa

Government

International

Bond

8

.750

01/31/44

373,745‌

TOTAL

SOUTH

AFRICA

3,114,963‌

SPAIN

-

2

.6

%

EUR

4,600,000

g

Spain

Government

International

Bond

2

.750

10/31/24

4,927,528‌

EUR

1,095,000

g

Spain

Government

International

Bond

1

.400

07/30/28

1,128,349‌

EUR

1,875,000

g

Spain

Government

International

Bond

0

.600

10/31/29

1,806,901‌

EUR

1,250,000

g

Spain

Government

International

Bond

0

.100

04/30/31

1,114,218‌

EUR

2,650,000

g

Spain

Government

International

Bond

1

.200

10/31/40

2,242,702‌

TOTAL

SPAIN

11,219,698‌

SUPRANATIONAL

-

2

.2

%

1,200,000

g

Africa

Finance

Corp

2

.875

04/28/28

986,071‌

GBP

695,000

African

Development

Bank

0

.500

06/22/26

793,854‌

750,000

g

African

Export-Import

Bank

2

.634

05/17/26

655,532‌

INR

52,500,000

Asian

Development

Bank

6

.200

10/06/26

647,132‌

1,250,000

g

Banque

Ouest

Africaine

de

Developpement

4

.700

10/22/31

1,023,921‌

EUR

650,000

g

Banque

Ouest

Africaine

de

Developpement

2

.750

01/22/33

510,799‌

1,334,036

†

European

Bank

for

Reconstruction

&

Development

10

.000

02/28/23

1,125,611‌

AUD

2,150,000

Inter-American

Development

Bank

4

.750

08/27/24

1,547,275‌

CAD

1,600,000

International

Bank

for

Reconstruction

&

Development

1

.900

01/16/25

1,211,742‌

GBP

700,000

International

Finance

Corp

0

.250

12/15/25

799,002‌

TOTAL

SUPRANATIONAL

9,300,939‌

THAILAND

-

0

.7

%

THB

30,000,000

Thailand

Government

International

Bond

1

.450

12/17/24

805,721‌

THB

27,700,000

Thailand

Government

International

Bond

2

.875

12/17/28

772,738‌

THB

27,500,000

Thailand

Government

International

Bond

3

.300

06/17/38

748,135‌

THB

29,000,000

Thailand

Government

International

Bond

2

.000

06/17/42

633,189‌

TOTAL

THAILAND

2,959,783‌

UKRAINE

-

0

.1

%

EUR

1,000,000

g

Ukraine

Government

International

Bond

6

.750

06/20/26

196,745‌

EUR

425,000

g

Ukraine

Government

International

Bond

4

.375

01/27/30

77,535‌

TOTAL

UKRAINE

274,280‌

UNITED

ARAB

EMIRATES

-

0

.0

%

250,000

z

Emirate

of

Dubai

Government

International

Bonds

3

.900

09/09/50

181,950‌

TOTAL

UNITED

ARAB

EMIRATES

181,950‌

UNITED

KINGDOM

-

3

.6

%

GBP

1,750,000

United

Kingdom

Gilt

0

.250

01/31/25

2,050,649‌

GBP

2,425,000

United

Kingdom

Gilt

1

.625

10/22/28

2,957,881‌

GBP

450,000

United

Kingdom

Gilt

0

.250

07/31/31

475,099‌

GBP

3,350,000

United

Kingdom

Gilt

1

.750

09/07/37

3,773,572‌

GBP

1,450,000

United

Kingdom

Gilt

1

.250

10/22/41

1,454,832‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

279

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UNITED

KINGDOM—continued

GBP

900,000

United

Kingdom

Gilt

0

.875

%

01/31/46

$

786,642‌

GBP

5,060,000

United

Kingdom

Gilt

0

.625

10/22/50

3,959,030‌

TOTAL

UNITED

KINGDOM

15,457,705‌

UNITED

STATES

-

1

.3

%

$

5,676,608

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.164

01/25/34

5,571,641‌

TOTAL

UNITED

STATES

5,571,641‌

URUGUAY

-

0

.3

%

UYU

21,800,000

g

Uruguay

Government

International

Bond

8

.500

03/15/28

476,491‌

UYU

40,600,000

Uruguay

Government

International

Bond

8

.250

05/21/31

843,126‌

TOTAL

URUGUAY

1,319,617‌

UZBEKISTAN

-

0

.2

%

UZS

7,600,000,000

g

Republic

of

Uzbekistan

International

Bond

14

.000

07/19/24

694,603‌

TOTAL

UZBEKISTAN

694,603‌

TOTAL

GOVERNMENT

BONDS

277,291,192‌

(Cost

$329,204,673)

STRUCTURED

ASSETS

-

5.1%

IRELAND

-

1

.9

%

1,035,732

g,i

Atom

Mortgage

Securities

DAC

SONIA

Interest

Rate

Benchmark

+

1.900%

0

.000

07/22/31

1,137,486‌

Series

-

2021

1A

(Class

D)

1,230,838

g,i

Bruegel

2021

DAC

EURIBOR

3

M

+

2.470%

2

.470

05/22/31

1,182,506‌

Series

-

2021

1A

(Class

D)

1,900,000

g,i

Frost

CMBS

DAC

SONIA

Interest

Rate

Benchmark

+

2.900%

0

.000

11/22/26

2,171,029‌

Series

-

2021

1A

(Class

GBD)

895,985

g,i

Last

Mile

Logistics

Pan

Euro

Finance

DAC

EURIBOR

3

M

+

2.700%

1

.000

08/17/33

777,235‌

Series

-

2021

1A

(Class

E)

1,079,778

g,i

Last

Mile

Securities

PE

2021

DAC

EURIBOR

3

M

+

2.350%

2

.350

08/17/31

993,595‌

Series

-

2021

1A

(Class

D)

347,448

g,i

Taurus

UK

DAC

SONIA

Interest

Rate

Benchmark

+

1.300%

1

.908

05/17/31

400,920‌

Series

-

2021

UK1A

(Class

B)

684,969

g,i

Taurus

UK

DAC

SONIA

Interest

Rate

Benchmark

+

1.650%

2

.258

05/17/31

781,435‌

Series

-

2021

UK1A

(Class

C)

297,813

g,i

Taurus

UK

DAC

SONIA

Interest

Rate

Benchmark

+

2.600%

3

.208

05/17/31

332,598‌

Series

-

2021

UK1A

(Class

D)

TOTAL

IRELAND

7,776,804‌

ITALY

-

0

.2

%

900,000

g,i

Cassia

SRL

EURIBOR

3

M

+

3.500%

0

.000

05/22/34

843,060‌

Series

-

2022

1A

(Class

B)

TOTAL

ITALY

843,060‌

UNITED

STATES

-

3

.0

%

2,000,000

g,i

Alen

Mortgage

Trust

LIBOR

1

M

+

2.250%

4

.249

04/15/34

1,865,357‌

Series

-

2021

ACEN

(Class

C)

1,500,000

Carvana

Auto

Receivables

Trust

1

.270

03/10/28

1,426,509‌

Series

-

2021

N2

(Class

D)

1,500,000

i

COMM

Mortgage

Trust

4

.376

08/10/48

1,413,896‌

Series

-

2015

CR24

(Class

C)

767,554

g

Diamond

Resorts

Owner

Trust

2

.700

11/21/33

723,441‌

Series

-

2021

1A

(Class

C)

1,500,000

g,i

ELP

Commercial

Mortgage

Trust

LIBOR

1

M

+

2.667%

4

.667

11/15/38

1,424,305‌

Series

-

2021

ELP

(Class

F)

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

280

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UNITED

STATES—continued

$

1,000,000

g,i

MTN

Commercial

Mortgage

Trust

6

.248

%

03/15/39

$

948,690‌

Series

-

2022

LPFL

(Class

E)

340,621

g

MVW

LLC

1

.940

01/22/41

314,390‌

Series

-

2021

1WA

(Class

C)

1,000,000

g,i

NCMF

Trust

5

.294

03/15/39

970,878‌

Series

-

2022

MFP

(Class

D)

500,000

g

Oportun

Issuance

Trust

1

.960

05/08/31

461,054‌

Series

-

2021

B

(Class

B)

500,000

g

Oportun

Issuance

Trust

3

.650

05/08/31

469,988‌

Series

-

2021

B

(Class

C)

1,250,000

g

Purchasing

Power

Funding

LLC

4

.370

10/15/25

1,225,425‌

Series

-

2021

A

(Class

D)

1,929,181

g,i

SMR

Mortgage

Trust

5

.909

02/15/39

1,834,537‌

Series

-

2022

IND

(Class

D)

TOTAL

UNITED

STATES

13,078,470‌

TOTAL

STRUCTURED

ASSETS

21,698,334‌

(Cost

$24,120,909)

TOTAL

BONDS

392,236,590‌

(Cost

$464,623,151)

REFERENCERATE

&

SPREAD

SHORT-TERM

INVESTMENTS

-

5.1%

REPURCHASE

AGREEMENT

-

4

.9

%

20,790,000

r

Fixed

Income

Clearing

Corp

(FICC)

2

.250

08/01/22

20,790,000‌

TOTAL

REPURCHASE

AGREEMENT

20,790,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.2

%

915,008

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

2

.300

915,008‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

915,008‌

TOTAL

SHORT-TERM

INVESTMENTS

21,705,008‌

(Cost

$21,705,008)

TOTAL

INVESTMENTS

-

98.1%

418,573,853‌

(Cost

$491,130,700)

OTHER

ASSETS

&

LIABILITIES,

NET

-

1.9%

8,259,818‌

NET

ASSETS

-

100.0%

$

426,833,671‌

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

281

TIAA-CREF

Funds

continued

Principal

denominated

in

U.S.

Dollars,

unless

otherwise

noted. 

AUD

Australian

Dollar

BRL

Brazilian

Real

CAD

Canadian

Dollar

CLP

Chilean

Peso

CNY

Chinese

Yuan

DOP

Dominican

Republic

Peso

EGP

Egyptian

Pound

EUR

Euro

EURIBOR

EURO

Interbank

Offer

Rate

GBP

Pound

Sterling

HUF

Hungary

Forint

IDR

Indonesian

Rupiah

ILS

Israeli

New

Shekel

INR

Indian

Rupee

JPY

Japanese

Yen

KRW

South

Korean

Won

LIBOR

London

Interbank

Offered

Rate

M

Month

MXN

Mexican

Peso

MYR

Malaysian

Ringgit

NOK

Norwegian

Krone

NZD

New

Zealand

Dollar

PEN

Peruvian

Sol

PHP

Philippines

Peso

REMIC

Real

Estate

Mortgage

Investment

Conduit

RON

Romanian

Leu

RSD

Serbian

Dinar

RUB

Russian

Ruble

SGD

Singapore

Dollar

SOFR

Secure

Overnight

Financing

Rate

SONIA

Sterling

Overnight

Interbank

Average

Rate

THB

Thai

Baht

UGX

Ugandan

Shilling

UYU

Uruguayan

Peso

UZS

Uzbekistani

Som

ZAR

South

African

Rand

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

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

$962,061.

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

7/31/22,

the

aggregate

value

of

these

securities

is

$117,372,260

or

27.5%

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.

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

o

Payment

in

Kind

Bond

q

In

default

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

2.250%

dated

7/31/22

to

be

repurchased

at

$20,790,000

on

8/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

1.125%

and

maturity

date

8/31/28,

valued

at

$21,205,864.

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.

Portfolio

of

investments

(unaudited)

International

Bond

Fund

July

31,

2022

282

TIAA-CREF

Funds

concluded

Forward

foreign

currency

contracts

outstanding

as

of

July

31,

2022

were

as

follows:

Currency

to

be

purchased

Receive

Currency

to

be

sold

Deliver

Counterparty

Settlement

date

Unrealized

appreciation

(depreciation)

$

1,479,027

THB

54,473,286

Australia

and

New

Zealand

Banking

Group

Limited

08/31/22

 $

(

4,047‌

)

$

126,019,339

EUR

123,675,964

Bank

of

America,

N.A.

10/31/22

 $

(

1,216,353‌

)

$

44,066,676

JPY

5,987,199,130

Bank

of

America,

N.A.

10/31/22

(

1,171,218‌

)

Total

 $

(

2,387,571‌

)

$

14,324,363

CAD

18,474,971

BARCLAYS

BANK

PLC

WHOLESALE

10/31/22

 $

(

98,673‌

)

$

1,569,409

ILS

5,373,290

Citibank

N.A.

08/31/22

 $

(

14,040‌

)

$

1,001,485

KRW

1,317,013,000

Citibank

N.A.

09/02/22

(

9,262‌

)

$

8,437,511

KRW

10,687,204,893

Citibank

N.A.

09/02/22

235,575‌

$

1,495,615

KRW

1,869,220,000

Citibank

N.A.

09/02/22

61,075‌

$

1,498,119

THB

52,911,904

Citibank

N.A.

08/02/22

60,463‌

Total

 $

333,811‌

$

4,242,187

NOK

41,670,949

Goldman

Sachs

10/31/22

 $

(

76,803‌

)

$

9,760,546

AUD

14,030,436

Morgan

Stanley

Capital

Services

10/31/22

 $

(

55,136‌

)

$

560,403

HUF

226,060,985

Morgan

Stanley

Capital

Services

08/31/22

(

6,746‌

)

$

3,497,935

NZD

5,627,219

Morgan

Stanley

Capital

Services

10/31/22

(

38,777‌

)

$

677,354

PEN

2,570,299

Morgan

Stanley

Capital

Services

08/03/22

22,524‌

$

636,994

PEN

2,497,400

Morgan

Stanley

Capital

Services

09/02/22

3,464‌

PEN

2,570,299

$

658,275

Morgan

Stanley

Capital

Services

08/03/22

(

3,445‌

)

$

555,525

ZAR

9,380,986

Morgan

Stanley

Capital

Services

08/31/22

(

6,888‌

)

Total

 $

(

85,004‌

)

$

31,081,009

GBP

25,768,754

STANDARD

CHARTERED

BANK

10/31/22

 $

(

369,365‌

)

$

810,043

RON

3,959,815

STANDARD

CHARTERED

BANK

08/31/22

(

6,943‌

)

Total

 $

(

376,308‌

)

$

41,709,489

CNY

281,160,248

Toronto

Dominion

Bank

09/02/22

 $

27,920‌

Total

 $

(

2,666,675‌

)

AUD

Australian

Dollar

CAD

Canadian

Dollar

CNY

Chinese

Yuan

EUR

Euro

GBP

Pound

Sterling

HUF

Hungary

Forint

ILS

Israeli

New

Shekel

JPY

Japanese

Yen

KRW

South

Korean

Won

NOK

Norwegian

Krone

NZD

New

Zealand

Dollar

PEN

Peruvian

Sol

THB

Thai

Baht

ZAR

South

African

Rand

TIAA-CREF

Funds

Notes

to

portfolio

of

investments

(unaudited)

283

TIAA-CREF

Funds

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

Trustees.

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

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Funds’

investments

as

of

July

31,

2022,

based

on

the

inputs

used

to

value

them:

Fund

Level

1

Level

2

Level

3

Total

Growth

&

Income

Common

stocks

$5,455,340,275

$79,384,876

$—

$5,534,725,151

Short-term

investments

4,451,299

27,760,000

—

32,211,299

Written

options*

(30,333,905)

—

—

(30,333,905)

Total

$5,429,457,669

$107,144,876

$—

$5,536,602,545

1

1

1

1

1

Large-Cap

Growth

Common

stocks

$5,094,894,499

$181,016,974

$—

$5,275,911,473

Short-term

investments

11,625

18,310,000

—

18,321,625

Total

$5,094,906,124

$199,326,974

$—

$5,294,233,098

1

1

1

1

1

Large-Cap

Value

Common

stocks

$4,988,841,168

$—

$7,266

$4,988,848,434

Short-term

investments

—

27,777,017

—

27,777,017

Total

$4,988,841,168

$27,777,017

$7,266

$5,016,625,451

1

1

1

1

1

Mid-Cap

Growth

Common

stocks

$1,146,623,807

$58,297,538

$—

$1,204,921,345

Rights/Warrants

2,128,471

—

—

2,128,471

Short-term

investments

33,357,555

—

—

33,357,555

Total

$1,182,109,833

$58,297,538

$—

$1,240,407,371

1

1

1

1

1

Mid-Cap

Value

Common

stocks

$1,861,166,838

$—

$—

$1,861,166,838

Short-term

investments

1,577,181

12,280,000

—

13,857,181

Total

$1,862,744,019

$12,280,000

$—

$1,875,024,019

1

1

1

1

1

Quant

Small-Cap

Equity

Common

stocks

$2,691,188,164

$—

$—

$2,691,188,164

Short-term

investments

72,568,220

29,755,479

—

102,323,699

Futures

contracts*

1,101,706

—

—

1,101,706

Total

$2,764,858,090

$29,755,479

$—

$2,794,613,569

1

1

1

1

1

Quant

Small/Mid-Cap

Equity

Common

stocks

$1,182,424,269

$—

$—

$1,182,424,269

Short-term

investments

76,091

1,810,000

—

1,886,091

Total

$1,182,500,360

$1,810,000

$—

$1,184,310,360

1

1

1

1

1

Notes

to

portfolio

of

investments

(unaudited)

284

TIAA-CREF

Funds

continued

Fund

Level

1

Level

2

Level

3

Total

Social

Choice

Equity

Common

stocks

$6,473,548,261

$—

$9,929

$6,473,558,190

Short-term

investments

7,521,192

—

—

7,521,192

Futures

contracts*

1,509,241

—

—

1,509,241

Total

$6,482,578,694

$—

$9,929

$6,482,588,623

1

1

1

1

1

Social

Choice

Low

Carbon

Equity

Common

stocks

$1,095,669,175

$—

$—

$1,095,669,175

Short-term

investments

569,177

5,290,000

—

5,859,177

Futures

contracts*

154,924

—

—

154,924

Total

$1,096,393,276

$5,290,000

$—

$1,101,683,276

1

1

1

1

1

Emerging

Markets

Equity

Common

stocks

$344,788,399

$807,006,697

$—

$1,151,795,096

Short-term

investments

2,736,704

127,901,710

—

130,638,414

Total

$347,525,103

$934,908,407

$—

$1,282,433,510

1

1

1

1

1

International

Equity

Common

stocks

$82,151,123

$5,105,594,689

$—

$5,187,745,812

Short-term

investments

76,394,391

245,768,527

—

322,162,918

Total

$158,545,514

$5,351,363,216

$—

$5,509,908,730

1

1

1

1

1

International

Opportunities

Common

stocks

$376,453,942

$1,551,237,478

$1,453

$1,927,692,873

Rights/Warrants

—

236

—

236

Short-term

investments

99,057,134

100,812,333

—

199,869,467

Total

$475,511,076

$1,652,050,047

$1,453

$2,127,562,576

1

1

1

1

1

Quant

International

Small-Cap

Equity

Common

stocks

$190,212,012

$1,074,268,228

$232,415

$1,264,712,655

Short-term

investments

25,012,789

—

—

25,012,789

Total

$215,224,801

$1,074,268,228

$232,415

$1,289,725,444

1

1

1

1

1

Social

Choice

International

Equity

Common

stocks

$4,914,978

$1,151,118,327

$—

$1,156,033,305

Short-term

investments

27,194,109

17,700,000

—

44,894,109

Futures

contracts*

48,494

—

—

48,494

Total

$32,157,581

$1,168,818,327

$—

$1,200,975,908

1

1

1

1

1

Equity

Index

Common

stocks

$34,225,633,833

$—

$284,766

$34,225,918,599

Rights/Warrants

—

—

276

276

Short-term

investments

255,310,187

158,774,457

—

414,084,644

Futures

contracts*

5,591,919

—

—

5,591,919

Total

$34,486,535,939

$158,774,457

$285,042

$34,645,595,438

1

1

1

1

1

Large-Cap

Growth

Index

Common

stocks

$9,878,269,628

$—

$—

$9,878,269,628

Short-term

investments

35,951,346

2,200,000

—

38,151,346

Total

$9,914,220,974

$2,200,000

$—

$9,916,420,974

1

1

1

1

1

Large-Cap

Value

Index

Common

stocks

$8,318,449,444

$—

$175,794

$8,318,625,238

Short-term

investments

34,386,304

—

—

34,386,304

Total

$8,352,835,748

$—

$175,794

$8,353,011,542

1

1

1

1

1

S&P

500

Index

Common

stocks

$7,056,864,985

$—

$—

$7,056,864,985

Short-term

investments

1,293,391

103,778,609

—

105,072,000

Futures

contracts*

2,910,072

—

—

2,910,072

Total

$7,061,068,448

$103,778,609

$—

$7,164,847,057

1

1

1

1

1

Small-Cap

Blend

Index

Common

stocks

$3,595,388,098

$—

$56,467

$3,595,444,565

Rights/Warrants

78

—

561

639

Short-term

investments

216,227,013

—

—

216,227,013

Total

$3,811,615,189

$—

$57,028

$3,811,672,217

1

1

1

1

1

Emerging

Markets

Equity

Index

Corporate

bonds

$—

$20,240

$—

$20,240

Common

stocks

536,732,785

4,296,332,361

1,523,480

4,834,588,626

Short-term

investments

27,602,905

142,423,595

—

170,026,500

Futures

contracts*

1,241,383

—

—

1,241,383

Total

$565,577,073

$4,438,776,196

$1,523,480

$5,005,876,749

1

1

1

1

1

285

TIAA-CREF

Funds

concluded

The

following

table

is

a

reconciliation

of

the

Emerging

Markets

Debt

Fund’s

investments

in

which

significant

unobservable

inputs

(Level

3)

were

used

in

the

determining

value:

The

following

table

summarizes

the

significant

unobservable

inputs

used

to

value

Level

3

investments

in

the

Emerging

Market

Debt

Fund

as

of

July

31,

2022

:

*

Single

source

broker

quote.

§

Unobservable

inputs

were

weighted

by

the

relative

fair

value

of

the

instruments.

Fund

Level

1

Level

2

Level

3

Total

International

Equity

Index

Common

stocks

$106,603,562

$17,125,584,275

$4,247

$17,232,192,084

Short-term

investments

115,859,416

203,992,309

—

319,851,725

Futures

contracts*

10,916,414

—

—

10,916,414

Total

$233,379,392

$17,329,576,584

$4,247

$17,562,960,223

1

1

1

1

1

Emerging

Markets

Debt

Bank

loan

obligations

$—

$1,788,259

$—

$1,788,259

Corporate

bonds

—

285,114,527

3,094,696

288,209,223

Government

bonds

—

243,405,600

3,765,061

247,170,661

Structured

assets

—

—

2,805,000

2,805,000

Common

stocks

2,631,981

927,746

—

3,559,727

Short-term

investments

13,627,967

25,907,751

—

39,535,718

Total

$16,259,948

$557,143,883

$9,664,757

$583,068,588

1

1

1

1

1

International

Bond

Bank

loan

obligations

$—

$4,632,255

$—

$4,632,255

Corporate

bonds

—

92,308,727

938,337

93,247,064

Government

bonds

—

270,106,219

7,184,973

277,291,192

Structured

assets

—

21,698,334

—

21,698,334

Short-term

investments

915,008

20,790,000

—

21,705,008

Forward

foreign

currency

contracts*

—

(2,666,675)

—

(2,666,675)

Total

$915,008

$406,868,860

$8,123,310

$415,907,178

1

1

1

1

1

*

Derivative

instruments

are

not

reflected

in

the

market

value

of

portfolio

investments.

Investments

Balance

as

of

October

31,

2021

$16,627,202

Purchases

5,487,921

Sales

(14,229,304)

Gains

(losses)

(258,005)

Change

in

unrealized

appreciation

(depreciation)

(538,705)

Transfers

out

of

Level

3

(380,922)

Transfers

into

Level

3

(2,956,570)

Balance

as

of

July

31,

2022

$9,664,757

Fund

Fair

value

Valuation

technique

Unobservable

input

Range

(weighted

average)

§

Corporate

bonds

$115,517

Broker

quote

*

Corporate

bonds

2,979,178

Recent

market

transaction

Discount

48.0%-99.6%

(64.4%)

Government

bonds

1,008,441

Broker

quote

*

Government

bonds

2,756,621

Recent

market

transaction

Discount

69.2%-99.6%

(62.8%)

Structured

assets

2,805,000

Broker

quote

*

Total

$9,664,757

A12448-C

(9/22)