This study investigated differences in the English referencing behaviors in the context of oral narrative retell between typically developing first- and second-grade Spanish–English emergent bilingual children in dual language immersion and English-only instructional contexts (N = 105). Children heard and retold Mercer Mayer wordless picture books, and analyses were conducted to examine how they used nominals and pronominals to maintain and switch reference to potential thematic protagonists in the story. Multivariate analysis of variance showed significant grade-level differences in the proportion of pronominals used to switch and maintain reference to BOY/S (boy and dog or frog), as well as to switch to BOY. In contrast, instructional context differences were significant only for reference to the DOG or FROG. The finding that second graders in both dual language immersion and English-only programs continued to demonstrate an overreliance on pronominal forms to switch reference in a second language suggests that differences in literacy and oral language development may extend beyond the grades that we investigated. It is therefore important to continue investigating the referencing behaviors of emergent bilingual children throughout the elementary years of schooling.