New Mexico Educational Retirement Board

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 23, 2024), New Mexico Educational Retirement Board reported 905 stock positions worth $2.8 billion. Its top holding was Microsoft (MSFT) at 5.7% of the portfolio, followed by Apple (AAPL, 4.5%) and Nvidia (NVDA, 4.0%). Compared with Q4 2023, it opened 6 new positions, sold out of 6, added to 32 and reduced 471. The biggest buy was a new position in Everpure Class A (P) and the biggest sale Apple (AAPL, shares −4%).

Most Recent 13F
Q2 2026
Location
SANTA FE, NM
CIK
0000862469
Portfolio Value
$2.8B (Q1 2024)
SEC Filing
0000862469-24-000003 ↗ filed Apr 23, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.8B $2.8B Q1 2024 Q2 2024: $2.9B Q2 2024 Q3 2024: $3.0B Q3 2024 Q4 2024: $3.0B Q4 2024 Q1 2025: $2.8B Q1 2025 Q2 2025: $3.1B Q2 2025 Q3 2025: $3.2B Q3 2025 Q4 2025: $3.4B Q4 2025 Q1 2026: $3.3B Q1 2026 Q2 2026: $4.0B Q2 2026

Holdings 905 stocks · $2.8B
MSFT Microsoft Corp. 5.66% 374,447 $157.5M Reduce -3.2%
AAPL Apple Inc. 4.50% 731,564 $125.4M Reduce -4.5%
NVDA Nvidia Corp. 4.04% 124,428 $112.4M Reduce -3.3%
AMZN Amazon.com Inc. 2.97% 458,100 $82.6M Reduce -2.8%
META Meta Platforms Inc. Class A 1.95% 111,850 $54.3M Reduce -2.9%
GOOGL Alphabet Inc. Class A 1.62% 298,120 $45.0M Reduce -3.6%
BRK.B Berkshire Hathaway Inc. Class B 1.38% 91,657 $38.5M Reduce -3.2%
GOOG Alphabet Inc. Class C 1.37% 250,880 $38.2M Reduce -5.6%
LLY Eli Lilly & Co. 1.12% 40,208 $31.3M Reduce -1.9%
AVGO Broadcom Inc. 1.05% 22,146 $29.4M Reduce -3.1%
JPM JPMorgan Chase & Co. 1.05% 145,650 $29.2M Reduce -4.2%
TSLA Tesla Inc. 0.88% 139,300 $24.5M Reduce -2.8%
XOM Exxon Mobil Corp. 0.84% 201,830 $23.5M Reduce -4.0%
UNH Unitedhealth Group Inc. 0.83% 46,620 $23.1M Reduce -3.7%
V Visa Inc. Class A 0.80% 80,334 $22.4M Reduce -4.6%
MA Mastercard Inc. Class A 0.72% 41,710 $20.1M Reduce -4.1%
HD Home Depot Inc. 0.69% 50,392 $19.3M Reduce -4.4%
PG The Procter & Gamble Co. 0.69% 118,768 $19.3M Reduce -3.2%
JNJ Johnson & Johnson 0.69% 121,285 $19.2M Reduce -4.0%
MRK Merck & Co. Inc. 0.60% 127,686 $16.8M Reduce -3.3%
COST Costco Wholesale Corp. 0.59% 22,265 $16.3M Reduce -3.5%
ABBV Abbvie Inc. 0.58% 88,955 $16.2M Reduce -3.0%
CRM Salesforce Inc. 0.53% 48,986 $14.8M Reduce -3.9%
AMD Advanced Micro Devices 0.53% 81,350 $14.7M Reduce -2.9%
CVX Chevron Corp. 0.50% 88,416 $13.9M Reduce -4.5%
NFLX Netflix Inc. 0.48% 22,021 $13.4M Reduce -4.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.47% 346,854 $13.2M Reduce -3.9%
WMT Walmart Inc. 0.47% 215,679 $13.0M Reduce -1.5%
PEP Pepsico Inc. 0.44% 69,285 $12.1M Reduce -3.4%
KO The Coca-Cola Co. 0.43% 196,020 $12.0M Reduce -3.2%
ADBE Adobe Inc. 0.42% 22,918 $11.6M Reduce -3.8%
LIN Linde PLC 0.41% 24,436 $11.3M Reduce -3.9%
TMO Thermo Fisher Scientific Inc. 0.41% 19,462 $11.3M Reduce -3.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.40% 92,155 $11.3M Reduce -3.0%
ACN Accenture PLC Class A 0.39% 31,650 $11.0M Reduce -3.6%
WFC Wells Fargo & Co. 0.38% 182,916 $10.6M Reduce -6.3%
MCD McDonald's Corp. 0.37% 36,519 $10.3M Reduce -4.0%
CSCO Cisco Systems Inc. 0.37% 204,074 $10.2M Reduce -4.2%
ORCL Oracle Corp. 0.36% 79,990 $10.0M Reduce -0.1%
ABT Abbott Laboratories 0.36% 87,402 $9.9M Reduce -3.4%
GE General Electric 0.35% 54,877 $9.6M Reduce -3.2%
QCOM Qualcomm Inc. 0.34% 56,057 $9.5M Reduce -3.3%
CAT Caterpillar Inc. 0.34% 25,702 $9.4M Reduce -4.1%
INTC Intel Corp. 0.34% 212,370 $9.4M Reduce -2.2%
INTU Intuit Inc. 0.33% 14,078 $9.2M Reduce -3.4%
VZ Verizon Communications Inc. 0.32% 211,771 $8.9M Reduce -3.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.32% 46,047 $8.8M Reduce -2.5%
CMCSA Comcast Corp. Class A 0.31% 202,316 $8.8M Reduce -6.5%
AMAT Applied Materials Inc. 0.31% 42,186 $8.7M Reduce -4.1%
DHR Danaher Corp. 0.30% 33,135 $8.3M Reduce -4.0%
UBER Uber Technologies Inc. 0.29% 103,700 $8.0M Reduce -3.1%
TXN Texas Instruments Inc. 0.29% 45,754 $8.0M Reduce -3.2%
PFE Pfizer Inc. 0.28% 284,400 $7.9M Reduce -3.2%
NOW ServiceNow Inc. 0.28% 10,350 $7.9M Reduce -2.8%
AMGN Amgen Inc. 0.28% 26,995 $7.7M Reduce -2.9%
COP Conocophillips 0.27% 59,810 $7.6M Reduce -5.1%
UNP Union Pacific Corp. 0.27% 30,688 $7.5M Reduce -3.2%
LOW Lowe's Cos Inc. 0.27% 29,077 $7.4M Reduce -6.4%
PM Philip Morris International 0.26% 78,211 $7.2M Reduce -3.2%
ISRG Intuitive Surgical Inc. 0.25% 17,742 $7.1M Reduce -2.7%
RTX RTX Corp. 0.25% 72,476 $7.1M Reduce -4.6%
SPGI S&P Global Inc. 0.25% 16,286 $6.9M Reduce -4.7%
GS Goldman Sachs Group Inc. 0.25% 16,389 $6.8M Reduce -5.2%
HON Honeywell International Inc. 0.24% 33,186 $6.8M Reduce -4.0%
NEE Nextera Energy Inc. 0.24% 103,332 $6.6M Reduce -1.8%
AXP American Express Co. 0.24% 28,963 $6.6M Reduce -6.5%
MU Micron Technology Inc. 0.23% 55,275 $6.5M Reduce -3.0%
LRCX Lam Research Corp. 0.23% 6,593 $6.4M Reduce -5.7%
BKNG Booking Holdings Inc. 0.23% 1,748 $6.3M Reduce -10.3%
T AT&T Inc. 0.23% 360,162 $6.3M Reduce -3.2%
ETN Eaton Corp. PLC 0.23% 20,160 $6.3M Reduce -2.9%
ELV Elevance Health Inc. 0.22% 11,846 $6.1M Reduce -4.0%
C Citigroup Inc. 0.22% 96,426 $6.1M Reduce -4.8%
PGR Progressive Corp. 0.22% 29,475 $6.1M Reduce -3.3%
SYK Stryker Corp. 0.22% 17,009 $6.1M Reduce -3.4%
PLD Prologis Inc. 0.22% 46,527 $6.1M Reduce -3.1%
MS Morgan Stanley 0.22% 63,710 $6.0M Reduce -6.0%
BLK BlackRock Finance Inc. 0.21% 7,089 $5.9M Reduce -9.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.21% 57,680 $5.8M Reduce -3.7%
MDT Medtronic PLC 0.21% 66,987 $5.8M Reduce -3.2%
NKE Nike Inc. Class B 0.21% 61,648 $5.8M Reduce -3.9%
BMY Bristol-Myers Squibb Co. 0.20% 102,534 $5.6M Reduce -6.2%
DE Deere & Co. 0.20% 13,502 $5.5M Reduce -3.6%
BA The Boeing Co. 0.20% 28,695 $5.5M Reduce -2.4%
VRTX Vertex Pharmaceuticals Inc. 0.20% 13,000 $5.4M Reduce -3.0%
SCHW Schwab (charles) Corp. 0.19% 74,987 $5.4M Reduce -3.0%
UPS United Parcel Service Class B 0.19% 36,462 $5.4M Reduce -3.2%
CI The Cigna Group 0.19% 14,747 $5.4M Reduce -3.9%
CB Chubb Ltd. 0.19% 20,537 $5.3M Reduce -4.6%
SBUX Starbucks Corp. 0.19% 57,598 $5.3M Reduce -3.5%
REGN Regeneron Pharmaceuticals 0.19% 5,400 $5.2M Reduce -3.6%
ADP Automatic Data Processing 0.19% 20,743 $5.2M Reduce -3.7%
CVS CVS Health Corp. 0.19% 64,677 $5.2M Reduce -3.0%
MRSH Marsh & McLennan Cos 0.18% 24,841 $5.1M Reduce -3.5%
BSX Boston Scientific Corp. 0.18% 73,762 $5.1M Reduce -1.3%
LMT Lockheed Martin Corp. 0.18% 11,097 $5.0M Reduce -5.1%
ADI Analog Devices Inc. 0.18% 25,086 $5.0M Reduce -4.6%
FISV Fiserv Inc. 0.17% 30,216 $4.8M Reduce -5.9%
KLAC KLA Corp. 0.17% 6,880 $4.8M Reduce -4.2%
MDLZ Mondelez International Inc. Class A 0.17% 68,526 $4.8M Reduce -3.3%

Show all 905 holdings

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -4.5% 4.50% −1.15
TSLA Tesla Inc. Reduce -2.8% 0.88% −0.49
UNH Unitedhealth Group Inc. Reduce -3.7% 0.83% −0.15
ADBE Adobe Inc. Reduce -3.8% 0.42% −0.13
BA The Boeing Co. Reduce -2.4% 0.20% −0.10
DECK Deckers Outdoor Corp. Reduce -75.9% 0.04% −0.09
INTC Intel Corp. Reduce -2.2% 0.34% −0.08
JNJ Johnson & Johnson Reduce -4.0% 0.69% −0.07
GOOG Alphabet Inc. Class C Reduce -5.6% 1.37% −0.07
MCD McDonald's Corp. Reduce -4.0% 0.37% −0.06
NKE Nike Inc. Class B Reduce -3.9% 0.21% −0.06
CMCSA Comcast Corp. Class A Reduce -6.5% 0.31% −0.05
ACN Accenture PLC Class A Reduce -3.6% 0.39% −0.05
SRC Spirit Realty Capital Inc. Sold out 0.00% −0.05
CSCO Cisco Systems Inc. Reduce -4.2% 0.37% −0.05
ZTS Zoetis Inc. Reduce -3.7% 0.14% −0.04
GOOGL Alphabet Inc. Class A Reduce -3.6% 1.62% −0.04
PFE Pfizer Inc. Reduce -3.2% 0.28% −0.04
SPGI S&P Global Inc. Reduce -4.7% 0.25% −0.04
BKNG Booking Holdings Inc. Reduce -10.3% 0.23% −0.04
HUM Humana Inc. Reduce -4.6% 0.08% −0.04
GILD Gilead Sciences Inc. Reduce -3.4% 0.17% −0.04
V Visa Inc. Class A Reduce -4.6% 0.80% −0.04
LULU Lululemon Athletica Inc. Reduce -3.3% 0.08% −0.04
AMT American Tower Corp. Reduce -3.3% 0.17% −0.03
PM Philip Morris International Reduce -3.2% 0.26% −0.03
TMUS T-Mobile US Inc. Reduce -14.4% 0.15% −0.03
HON Honeywell International Inc. Reduce -4.0% 0.24% −0.03
UPS United Parcel Service Class B Reduce -3.2% 0.19% −0.03
PEP Pepsico Inc. Reduce -3.4% 0.44% −0.03
AMGN Amgen Inc. Reduce -2.9% 0.28% −0.03
SBUX Starbucks Corp. Reduce -3.5% 0.19% −0.03
BLK BlackRock Finance Inc. Reduce -9.0% 0.21% −0.03
CVX Chevron Corp. Reduce -4.5% 0.50% −0.03
PLD Prologis Inc. Reduce -3.1% 0.22% −0.03
UNP Union Pacific Corp. Reduce -3.2% 0.27% −0.03
CHTR Charter Communications Inc. Class A Reduce -5.6% 0.05% −0.03
KO The Coca-Cola Co. Reduce -3.2% 0.43% −0.03
MS Morgan Stanley Reduce -6.0% 0.22% −0.03
ABT Abbott Laboratories Reduce -3.4% 0.36% −0.03
MDLZ Mondelez International Inc. Class A Reduce -3.3% 0.17% −0.02
APD Air Products & Chemicals Inc. Reduce -3.5% 0.10% −0.02
PHYSICIANS REALTY TRUST Sold out 0.00% −0.02
MPT Medical Properties Trust Inc. Sold out 0.00% −0.02
TXN Texas Instruments Inc. Reduce -3.2% 0.29% −0.02
LMT Lockheed Martin Corp. Reduce -5.1% 0.18% −0.02
ADI Analog Devices Inc. Reduce -4.6% 0.18% −0.02
INTU Intuit Inc. Reduce -3.4% 0.33% −0.02
NEM Newmont Corp. Reduce -3.2% 0.07% −0.02
CALX Calix Inc. Sold out 0.00% −0.02

Portfolio Buys Q4 2023 → Q1 2024
P Everpure Inc. Class A New 0.11% +0.11
AMH American Homes 4 Rent- A New 0.09% +0.09
ELF Elf Beauty Inc. New 0.08% +0.08
AIT Applied Industrial Tech Inc. New 0.06% +0.06
CYTK Cytokinetics Inc. New 0.05% +0.05
WHR Whirlpool Corp. Add +304.4% 0.05% +0.04
ZION Zions Bancorp NA Add +304.1% 0.05% +0.04
CNM Core & Main Inc. Class A Add +44.0% 0.07% +0.03
ALTM Arcadium Lithium PLC New 0.03% +0.03
CELH Celsius Holdings Inc. Add +6.9% 0.09% +0.03
OKE Oneok Inc. Add +25.7% 0.08% +0.02
TDG Transdigm Group Inc. Add +3.7% 0.12% +0.02
MKSI MKS Inc. Add +12.8% 0.06% +0.02
RNR Renaissancere Holdings Ltd. Add +7.8% 0.09% +0.02
PR Permian Resources Corp. Class A Add +15.3% 0.05% +0.02
HWM Howmet Aerospace Inc. Add +3.1% 0.05% +0.01
PCG P G & E Corp. Add +27.8% 0.06% +0.01
BNY Bank of New York Mellon Corp. Add +3.8% 0.08% +0.01
USB US Bancorp Add +8.1% 0.13% +0.01
O Realty Income Corp. Add +19.7% 0.08% +0.00
WELL Welltower Inc. Add +7.7% 0.09% +0.00
PTC PTC Inc. Add +9.1% 0.04% +0.00
ROL Rollins Inc. Add +17.4% 0.02% +0.00
NLY Annaly Capital Management Inc. Add +9.4% 0.07% +0.00
MPWR Monolithic Power Systems Inc. Add +4.3% 0.06% +0.00
DOC Healthpeak Properties Inc. Add +25.6% 0.02% +0.00
LVS Las Vegas Sands Corp. Add +8.8% 0.03% +0.00
RCL Royal Caribbean Cruises Ltd. Add +3.5% 0.06% +0.00
EGP Eastgroup Properties Inc. Add +12.4% 0.06% +0.00
LKQ LKQ Corp. Add +1.5% 0.03% +0.00
DLR Digital Realty Trust Inc. Add +0.7% 0.08% +0.00
KDP Keurig Dr Pepper Inc. Add +15.8% 0.06% −0.00
EQT Eqt Corp. Add +10.1% 0.03% −0.00
FSLR First Solar Inc. Add +3.9% 0.03% −0.00
REG Regency Centers Corp. Add +2.5% 0.02% −0.00
KIM Kimco Realty Corp. Add +3.7% 0.02% −0.00
GLPI Gaming and Leisure Propertie Add +7.5% 0.09% −0.01
APTV Aptiv Irish Holdings Ltd. Add +0.7% 0.04% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 907$4.0BNVDA, AAPL, MSFT, AMZN, GOOGL
Q1 2026 906$3.3BNVDA, AAPL, MSFT, AMZN, GOOGL
Q4 2025 906$3.4BNVDA, AAPL, MSFT, AMZN, GOOGL
Q3 2025 906$3.2BNVDA, MSFT, AAPL, AMZN, META
Q2 2025 906$3.1BNVDA, MSFT, AAPL, AMZN, META
Q1 2025 905$2.8BAAPL, MSFT, NVDA, AMZN, META
Q4 2024 905$3.0BAAPL, NVDA, MSFT, AMZN, META
Q3 2024 906$3.0BAAPL, MSFT, NVDA, AMZN, META
Q2 2024 906$2.9BMSFT, NVDA, AAPL, AMZN, META
Q1 2024Amended 905$2.8BMSFT, AAPL, NVDA, AMZN, META