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State of New Jersey Common Pension Fund D

SEC Form 13F institutional filer · CIK 0001483066

13F-HR · 496 reported holdings · 2026-03-31

State pension fund for New Jersey.

Reported long-US-equity value

$20.64B

Top-10 concentration

37.7%

State of New Jersey Common Pension Fund D — $20.6B AUM allocation strategy

State of New Jersey Common Pension Fund D files SEC Form 13F and reports $20.6B of long US equity value across 496 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 19.9%, followed by Communication Services 7.8% and Consumer Discretionary 5.1%.

The top 10 holdings account for 38% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

State of New Jersey Common Pension Fund D — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$20.6B

total across 496 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

38% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$HBAN$FITB$PSKY

+$HBAN +203K sh · +$2.45M+$FITB +105K sh · +$4.81M+$PSKY +71.5K sh · +$58K

Biggest trims (shares)

$IVV$SPGI$AMCR

−$IVV −10.1M sh · −$645M−$SPGI −1.6M sh · −$51.3M−$AMCR −606K sh · −$295K

Added from nil (new positions)

$BEN

1 fresh holding — new conviction

Exited to nil (held last quarter, gone now)

None this quarter

Sector allocation (share of reported value)

Information Technology 20%Communication Services 8%ETFs 6%Consumer Discretionary 5%Financials 4%Health Care 2%Consumer Staples 2%Energy 1%Other holdings 53%SECTORS
  • $XLKInformation Technology19.9%
  • $XLCCommunication Services7.8%
  • ETFs5.6%
  • $XLYConsumer Discretionary5.1%
  • $XLFFinancials4.0%
  • $XLVHealth Care2.2%
  • $XLPConsumer Staples1.7%
  • $XLEEnergy1.2%
  • Other holdings52.6%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Semiconductors 9%Interactive Media & Services 7%Technology Hardware, Storage & Peripherals 6%Systems Software 4%Broadline Retail 3%Pharmaceuticals 2%Automobile Manufacturers 2%Consumer Staples Merchandise Retail 2%Other holdings 64%INDUSTRIES
  • Semiconductors9.3%
  • Interactive Media & Services7.2%
  • Technology Hardware, Storage & Peripherals6.2%
  • Systems Software4.3%
  • Broadline Retail3.3%
  • Pharmaceuticals2.2%
  • Automobile Manufacturers1.8%
  • Consumer Staples Merchandise Retail1.7%
  • Other holdings64.1%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

9 of 9 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$NVDANVIDIA Corporation8.31M$1.45B+10.1K7.0%
$AAPLApple Inc5.02M$1.28B-43K6.2%
$MSFTMicrosoft Corporation2.41M$893M+2.34K4.3%
$AMZNAmazon.com Inc3.29M$685M+10.9K3.3%
$GOOGAlphabet Inc. Class C Capital Stock1.99M$571M+02.8%
$GOOGLAlphabet Inc1.67M$479M-1.12K2.3%
$AVGOBroadcom Inc1.54M$477M+7.97K2.3%
$METAMeta Platforms Inc745K$426M+3.54K2.1%
$TSLATesla Inc967K$359M+8361.7%

…and 487 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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