State of New Jersey Common Pension Fund D

Institutional investor · Portfolio as of Q2 2026

Top Holdings1,718 positions

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Activity:
NVDA

NVIDIA Corporation

7.5M$1.5B5.1%$11.48+1700.78%
30 qtrssince 2019-Q1
Decreased
0
AAPL

Apple Inc.

4.7M$1.4B4.7%$58.92+463.33%
30 qtrssince 2019-Q1
Decreased
0
IEMG
IEMG
ETF

ISHARES INC

12.5M$1B3.5%$58.95+25.98%
5 qtrssince 2025-Q2
Unchanged
0
MSFT

Microsoft Corporation

2.3M$851.2M2.9%$126.82+310.80%
30 qtrssince 2019-Q1
Decreased
0
VNQ
VNQ
ETF

VANGUARD INDEX FDS

8.6M$829.2M2.8%$86.48+9.86%
30 qtrssince 2019-Q1
Unchanged
0
AMZN

Amazon.com, Inc.

3.1M$746.3M2.5%$100.84+148.61%
30 qtrssince 2019-Q1
Decreased
0
GOOGL

Alphabet Inc.

1.9M$672.6M2.3%$133.81+109.27%
29 qtrssince 2019-Q2
Decreased
0
VTI
VTI
ETF

VANGUARD INDEX FDS

1.8M$666.1M2.3%$369.11+0.57%
1 qtr
New
82
AVGO

Broadcom Inc.

1.5M$549.4M1.9%$45.92+623.23%
30 qtrssince 2019-Q1
Decreased
0
GOOG

Alphabet Inc.

1.5M$528.3M1.8%$63.26+339.89%
30 qtrssince 2019-Q1
Decreased
0
MU

Micron Technology, Inc.

364,643$420.9M1.4%$46.80+1727.01%
30 qtrssince 2019-Q1
Decreased
0
META

Meta Platforms, Inc.

710,344$400.1M1.4%$186.80+232.45%
30 qtrssince 2019-Q1
Decreased
0
TSLA

Tesla, Inc.

910,397$382.9M1.3%$80.87+392.76%
28 qtrssince 2019-Q3
Decreased
0
REET
REET
ETF

ISHARES TR

11.8M$325.6M1.1%$24.44+9.31%
3 qtrssince 2025-Q4
Unchanged
0
LLY

Eli Lilly and Company

259,674$311.5M1.1%$144.35+876.35%
30 qtrssince 2019-Q1
Decreased
0
AMD

Advanced Micro Devices, Inc.

527,156$306.2M1.0%$55.12+777.87%
30 qtrssince 2019-Q1
Decreased
0
SCZ
SCZ
ETF

ISHARES TR

3.7M$304.6M1.0%$64.37+28.84%
20 qtrssince 2021-Q3
Unchanged
0
JPM

JPMorgan Chase & Co.

868,483$284.3M1.0%$88.91+280.15%
30 qtrssince 2019-Q1
Decreased
0
INDA
INDA
ETF

ISHARES TR

5.7M$279.4M1.0%$54.22-10.19%
30 qtrssince 2019-Q1
Unchanged
0
VSS
VSS
ETF

VANGUARD INTL EQUITY INDEX F

1.5M$233.4M0.8%$142.28+3.71%
3 qtrssince 2025-Q4
Unchanged
0
$29.3B
AUM
1,718
Positions
Q2 2026
Filing
HI rating · 3.0/5
Quarterly 13F Value Change
Reported 13F value ($B)
Reported 13F values and quarter-over-quarter reported value changes; not investment returns.
QuarterReported value in US dollarsReported value change
2025-Q1$22,215,330,395-10.3225428945%
2025-Q2$25,787,173,33016.0782796001%
2025-Q3$27,179,666,0675.39994329421%
2025-Q4$27,666,928,9661.79274792339%
2026-Q1$25,927,076,128-6.28856509567%
2026-Q2$29,298,557,99113.0037102771%
Activity profile
$ moved · Q2'26
New22%Increased8%Decreased68%Exited2%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 5.3 years
<1Q5%1-4Q7%1-2Y4%2Y+84%

State of New Jersey Common Pension Fund D manages $29.3B across 1718 positions as of Q2 2026. Top holdings: NVDA (5.1%), AAPL (4.7%), IEMG (3.5%). Fund DNA: Steady Compounder. HoldingsIntel Score: 3/5.0.

Q2 2026 Summary

Active quarter - 197 new positions, 28 exits, 99 increased. Top move: VTI (NEW, conviction 82). Portfolio: $29.3B across 1718 positions.

Top holdings by portfolio weight

Total AUM$29B
NVDA5.10%
AAPL4.69%
IEMG3.52%
MSFT2.91%
VNQ2.83%
AMZN2.55%
GOOGL2.30%
VTI2.27%
AVGO1.88%
GOOG1.80%
Other1.44%

Portfolio allocation by GICS sector

Sectors11
Technology28.86%
Unknown16.85%
Financial Services10.04%
Consumer Cyclical7.92%
Healthcare7.60%
Industrials7.57%
Communication Services7.54%
Real Estate4.07%
Consumer Defensive3.48%
Energy2.68%
Other3.39%

Behavioral investing profile

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Steady Compounder- primarily Technology, Unknown, Financial Services
Compare DNA across all funds
7-dimension, SEC 13F-derived research score
Solid(3.0 / 5.0)
Holdings P&L66
Conviction51
Concentration45
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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.

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5Q
IONQIONQIonQ, Inc.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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