State of New Jersey Common Pension Fund DState of New Jersey Common Pension Fund D

Institutional investor · Portfolio as of Q1 2026

SEC EDGAR SourceSEC Filings

Top Holdings1,549 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

NVIDIA CORPORATION

8.3M$1.4B5.6%$109.85+92.05%
29 qtrssince 2019-Q1
Increased
62

APPLE INC

5M$1.3B4.9%$104.05+203.05%
29 qtrssince 2019-Q1
Decreased
0

MICROSOFT CORP

2.4M$893.1M3.4%$127.54+201.95%
29 qtrssince 2019-Q1
Increased
58
IEMGIEMG
ETF

ISHARES INC

12.5M$869M3.4%$59.15+37.47%
4 qtrssince 2025-Q2
Decreased
0
VNQVNQ
ETF

VANGUARD INDEX FDS

8.6M$762.7M2.9%$87.48+11.25%
29 qtrssince 2019-Q1
Unchanged
0

AMAZON COM INC

3.3M$685.3M2.6%$114.76+113.79%
29 qtrssince 2019-Q1
Increased
54

ALPHABET INC

2M$571.1M2.2%$103.14+246.32%
28 qtrssince 2019-Q2
Unchanged
0

ALPHABET INC

1.7M$478.6M1.8%$99.55+256.63%
29 qtrssince 2019-Q1
Decreased
0

BROADCOM INC

1.5M$476.6M1.8%$164.12+143.71%
29 qtrssince 2019-Q1
Increased
49

META PLATFORMS INC

744,627$426M1.6%$187.89+256.18%
29 qtrssince 2019-Q1
Increased
49

TESLA INC

966,609$359.3M1.4%$232.54+75.35%
27 qtrssince 2019-Q3
Increased
49
REETREET
ETF

ISHARES TR

11.8M$296.4M1.1%$25.11+10.75%
2 qtrssince 2025-Q4
Unchanged
0
SCZSCZ
ETF

ISHARES TR

3.7M$290.3M1.1%$65.41+27.48%
19 qtrssince 2021-Q3
Unchanged
0

JPMORGAN CHASE & CO

934,681$274.9M1.1%$90.21+272.98%
29 qtrssince 2019-Q1
Decreased
0
INDAINDA
ETF

ISHARES TR

5.7M$264.9M1.0%$54.78-10.01%
29 qtrssince 2019-Q1
Increased
55

ELI LILLY & CO

274,628$252.6M1.0%$143.57+727.85%
29 qtrssince 2019-Q1
Decreased
0

EXXON MOBIL CORP

1.4M$245.6M0.9%$60.32+130.24%
29 qtrssince 2019-Q1
Decreased
0

BERKSHIRE HATHAWAY INC DEL

473,358$226.8M0.9%$224.96+112.19%
29 qtrssince 2019-Q1
Unchanged
0
VSSVSS
ETF

Vanguard International Equity Index Funds FTSE SMCAP ETF

1.5M$220.6M0.9%$143.79+7.55%
2 qtrssince 2025-Q4
Unchanged
0

JOHNSON & JOHNSON

823,394$201.3M0.8%$117.95+117.87%
29 qtrssince 2019-Q1
Decreased
0
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$25.9B
AUM
1,549
Positions
Q1 2026
Filing
Rating · 3.0
Quarterly Portfolio Change
+2%Q4'24$24.8B-10%Q1'25$22.2B+16%Q2'25$25.8B+5%Q3'25$27.2B+2%Q4'25$27.7B-6%Q1'26$25.9B
Activity profile
$ moved · Q1'26
New5%Increased36%Decreased56%Exited3%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 5.3 years
<1Q4%1-4Q5%1-2Y4%2Y+87%

State of New Jersey Common Pension Fund D manages $25.9B across 1549 positions as of Q1 2026. Top holdings: NVDA (5.6%), AAPL (4.9%), MSFT (3.4%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 3/5.0.

Q1 2026 Summary

Active quarter - 127 new positions, 50 exits, 424 increased. Top move: NVDA (INCREASED, conviction 62). Portfolio: $25.9B across 1549 positions.

Top holdings by portfolio weight

Total AUM$26B
NVDA5.59%
AAPL4.92%
MSFT3.44%
IEMG3.35%
VNQ2.94%
AMZN2.64%
GOOGL2.20%
GOOG1.85%
AVGO1.84%
META1.64%
Other1.39%

Portfolio allocation by GICS sector

Sectors11
Technology26.43%
Unknown13.07%
Financial Services11.02%
Consumer Cyclical8.76%
Communication Services8.38%
Healthcare8.24%
Industrials8.00%
Real Estate4.26%
Consumer Defensive4.18%
Energy3.71%
Other3.94%

Behavioral investing profile

7-dimension quality assessment
Solid(3.0 / 5.0)
Track Record70
Conviction38
Concentration46
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
7Q
DLRDIGITAL RLTY TR INC
Q3 2024 Q1 2026+61,847 shares+$17.5M
7Q
DASHDOORDASH INC
Q3 2024 Q1 2026+25,545 shares+$8.2M
7Q
FLOFLOWERS FOODS INC
Q3 2024 Q1 2026+142,737 shares-$29,355

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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