New Mexico Educational Retirement Board

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), New Mexico Educational Retirement Board reported 906 stock positions worth $2.9 billion. Its top holding was Microsoft (MSFT) at 5.8% of the portfolio, followed by Nvidia (NVDA, 5.4%) and Apple (AAPL, 5.3%). Compared with Q1 2024, it opened 13 new positions, sold out of 15, added to 8 and reduced 11. The biggest buy was a new position in CrowdStrike Class A (CRWD) and the biggest sale Vistra (VST, shares −75%).

Most Recent 13F
Q2 2026
Location
SANTA FE, NM
CIK
0000862469
Portfolio Value
$2.9B (Q2 2024)
SEC Filing
0000862469-24-000004 ↗ filed Aug 6, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.8B Q1 2024 Q2 2024: $2.9B $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 906 stocks · $2.9B
MSFT Microsoft Corp. 5.84% 374,447 $167.4M No change
NVDA Nvidia Corp. 5.37% 1,244,280 $153.7M No change
AAPL Apple Inc. 5.34% 726,864 $153.1M Reduce -0.6%
AMZN Amazon.com Inc. 3.12% 461,800 $89.2M Add +0.8%
META Meta Platforms Inc. Class A 1.94% 110,450 $55.7M Reduce -1.3%
GOOGL Alphabet Inc. Class A 1.90% 298,120 $54.3M No change
GOOG Alphabet Inc. Class C 1.58% 246,480 $45.2M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 1.30% 91,657 $37.3M No change
LLY Eli Lilly & Co. 1.27% 40,208 $36.4M No change
AVGO Broadcom Inc. 1.24% 22,146 $35.6M No change
JPM JPMorgan Chase & Co. 1.03% 145,650 $29.5M No change
TSLA Tesla Inc. 0.96% 139,300 $27.6M No change
XOM Exxon Mobil Corp. 0.92% 229,053 $26.4M Add +13.5%
UNH Unitedhealth Group Inc. 0.83% 46,620 $23.7M No change
V Visa Inc. Class A 0.74% 80,334 $21.1M No change
PG The Procter & Gamble Co. 0.68% 118,768 $19.6M No change
COST Costco Wholesale Corp. 0.66% 22,265 $18.9M No change
MA Mastercard Inc. Class A 0.64% 41,710 $18.4M No change
JNJ Johnson & Johnson 0.62% 121,285 $17.7M No change
HD Home Depot Inc. 0.61% 50,392 $17.3M No change
MRK Merck & Co. Inc. 0.55% 127,686 $15.8M No change
ABBV Abbvie Inc. 0.53% 88,955 $15.3M No change
NFLX Netflix Inc. 0.52% 22,021 $14.9M No change
WMT Walmart Inc. 0.51% 215,679 $14.6M No change
CVX Chevron Corp. 0.48% 88,416 $13.8M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.48% 346,854 $13.8M No change
AMD Advanced Micro Devices 0.46% 81,350 $13.2M No change
ADBE Adobe Inc. 0.44% 22,918 $12.7M No change
CRM Salesforce Inc. 0.44% 48,986 $12.6M No change
KO The Coca-Cola Co. 0.44% 196,020 $12.5M No change
PEP Pepsico Inc. 0.40% 69,285 $11.4M No change
ORCL Oracle Corp. 0.39% 79,990 $11.3M No change
QCOM Qualcomm Inc. 0.39% 56,057 $11.2M No change
WFC Wells Fargo & Co. 0.38% 182,916 $10.9M No change
TMO Thermo Fisher Scientific Inc. 0.38% 19,462 $10.8M No change
LIN Linde PLC 0.37% 24,436 $10.7M No change
AMAT Applied Materials Inc. 0.35% 42,186 $10.0M No change
CSCO Cisco Systems Inc. 0.34% 204,074 $9.7M No change
ACN Accenture PLC Class A 0.34% 31,650 $9.6M No change
MCD McDonald's Corp. 0.32% 36,519 $9.3M No change
INTU Intuit Inc. 0.32% 14,078 $9.3M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.32% 92,155 $9.2M No change
ABT Abbott Laboratories 0.32% 87,402 $9.1M No change
TXN Texas Instruments Inc. 0.31% 45,754 $8.9M No change
VZ Verizon Communications Inc. 0.30% 211,771 $8.7M No change
GE General Electric filed as GE AEROSPACE 0.30% 54,877 $8.7M No change
CAT Caterpillar Inc. 0.30% 25,702 $8.6M No change
AMGN Amgen Inc. 0.29% 26,995 $8.4M No change
DHR Danaher Corp. 0.29% 33,135 $8.3M No change
NOW ServiceNow Inc. 0.28% 10,350 $8.1M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.28% 46,047 $8.0M No change
PFE Pfizer Inc. 0.28% 284,400 $8.0M No change
PM Philip Morris International 0.28% 78,211 $7.9M No change
CMCSA Comcast Corp. Class A 0.28% 202,316 $7.9M No change
ISRG Intuitive Surgical Inc. 0.28% 17,742 $7.9M No change
UBER Uber Technologies Inc. 0.26% 103,700 $7.5M No change
GS Goldman Sachs Group Inc. 0.26% 16,389 $7.4M No change
NEE Nextera Energy Inc. 0.26% 103,332 $7.3M No change
RTX RTX Corp. 0.25% 72,476 $7.3M No change
MU Micron Technology Inc. 0.25% 55,275 $7.3M No change
SPGI S&P Global Inc. 0.25% 16,286 $7.3M No change
HON Honeywell International Inc. 0.25% 33,186 $7.1M No change
LRCX Lam Research Corp. 0.25% 6,593 $7.0M No change
UNP Union Pacific Corp. 0.24% 30,688 $6.9M No change
BKNG Booking Holdings Inc. 0.24% 1,748 $6.9M No change
T AT&T Inc. 0.24% 360,162 $6.9M No change
COP Conocophillips 0.24% 59,810 $6.8M No change
AXP American Express Co. 0.23% 28,963 $6.7M No change
INTC Intel Corp. 0.23% 212,370 $6.6M No change
ELV Elevance Health Inc. 0.22% 11,846 $6.4M No change
LOW Lowe's Cos Inc. 0.22% 29,077 $6.4M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.22% 57,680 $6.4M No change
ETN Eaton Corp. PLC 0.22% 20,160 $6.3M No change
MS Morgan Stanley 0.22% 63,710 $6.2M No change
PGR Progressive Corp. 0.21% 29,475 $6.1M No change
C Citigroup Inc. 0.21% 96,426 $6.1M No change
VRTX Vertex Pharmaceuticals Inc. 0.21% 13,000 $6.1M No change
SYK Stryker Corp. 0.20% 17,009 $5.8M No change
ADI Analog Devices Inc. 0.20% 25,086 $5.7M No change
BSX Boston Scientific Corp. 0.20% 73,762 $5.7M No change
REGN Regeneron Pharmaceuticals 0.20% 5,400 $5.7M No change
KLAC KLA Corp. 0.20% 6,880 $5.7M No change
BLK BlackRock Finance Inc. 0.19% 7,089 $5.6M No change
SCHW Schwab (charles) Corp. 0.19% 74,987 $5.5M No change
PANW Palo Alto Networks Inc. 0.19% 15,700 $5.3M No change
MDT Medtronic PLC 0.18% 66,987 $5.3M No change
CB Chubb Ltd. 0.18% 20,537 $5.2M No change
MRSH Marsh & McLennan Cos 0.18% 24,841 $5.2M No change
PLD Prologis Inc. 0.18% 46,527 $5.2M No change
BA The Boeing Co. 0.18% 28,695 $5.2M No change
LMT Lockheed Martin Corp. 0.18% 11,097 $5.2M No change
DE Deere & Co. 0.18% 13,502 $5.0M No change
UPS United Parcel Service Class B 0.17% 36,462 $5.0M No change
ADP Automatic Data Processing 0.17% 20,743 $5.0M No change
CI The Cigna Group 0.17% 14,747 $4.9M No change
NKE Nike Inc. Class B 0.16% 61,648 $4.6M No change
AMT American Tower Corp. 0.16% 23,468 $4.6M No change
SNPS Synopsys Inc. 0.16% 7,650 $4.6M No change
TMUS T-Mobile US Inc. 0.16% 25,650 $4.5M No change
FISV Fiserv Inc. 0.16% 30,216 $4.5M No change

Show all 906 holdings

Portfolio Sells Q1 2024 → Q2 2024
VST Vistra Corp. Reduce -75.3% 0.05% −0.12
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.11
GDDY GoDaddy Inc. Class A Reduce -75.6% 0.03% −0.09
SWAV Shockwave Medical Inc. Sold out 0.00% −0.09
AIRC Apartment Income REIT Co. Sold out 0.00% −0.04
WSM Williams-Sonoma Inc. Reduce -4.4% 0.13% −0.03
PVH PVH Corp. Reduce -10.8% 0.04% −0.02
PENN Penn Entertainment Inc. Sold out 0.00% −0.02
RUN Sunrun Inc. Sold out 0.00% −0.02
IART Integra Lifesciences Holding Sold out 0.00% −0.02
GO Grocery Outlet Holding Corp. Sold out 0.00% −0.02
LEG Leggett & Platt Inc. Sold out 0.00% −0.02
NARI Inari Medical Inc. Sold out 0.00% −0.02
WERN Werner Enterprises Inc. Sold out 0.00% −0.02
FOXF Fox Factory Holding Corp. Sold out 0.00% −0.02
CABO Cable One Inc. Sold out 0.00% −0.02
RHI Robert Half Inc. Sold out 0.00% −0.02
CMA Comerica Inc. Sold out 0.00% −0.01
AMG Affiliated Managers Group Reduce -15.6% 0.04% −0.01
AZTA Azenta Inc. Reduce -22.7% 0.02% −0.01
VFC VF Corp. Sold out 0.00% −0.01
R Ryder System Inc. Reduce -13.6% 0.04% −0.01
META Meta Platforms Inc. Class A Reduce -1.3% 1.94% −0.01
WSO Watsco Inc. Reduce -5.9% 0.10% −0.00
GOOG Alphabet Inc. Class C Reduce -1.8% 1.58% +0.21
AAPL Apple Inc. Reduce -0.6% 5.34% +0.84

Portfolio Buys Q1 2024 → Q2 2024
CRWD CrowdStrike Holdings Inc. Class A New 0.16% +0.16
AMZN Amazon.com Inc. Add +0.8% 3.12% +0.15
KKR KKR & Co. Inc. New 0.12% +0.12
BMRN Biomarin Pharmaceutical Inc. New 0.11% +0.11
SRPT Sarepta Therapeutics Inc. New 0.11% +0.11
RBA RB Global Inc. New 0.10% +0.10
TPL Texas Pacific Land Corp. New 0.10% +0.10
ILMN Illumina Inc. Add +306.3% 0.12% +0.08
XOM Exxon Mobil Corp. Add +13.5% 0.92% +0.08
DUOL Duolingo New 0.05% +0.05
AAON Aaon Inc. New 0.04% +0.04
NXT Nextpower Inc. New 0.04% +0.04
ALTR Altair Engineering Inc. Class A New 0.04% +0.04
APPF Appfolio Inc. Class A New 0.04% +0.04
WMG Warner Music Group Corp. Class A New 0.03% +0.03
ROIV Roivant Sciences Ltd. New 0.03% +0.03
XRAY Dentsply Sirona Inc. Add +306.6% 0.04% +0.03
CHRD Chord Energy Corp. Add +49.4% 0.07% +0.02
SNX TD Synnex Corp. Add +44.8% 0.06% +0.02
GRAL Grail Inc. Add +305.4% 0.00% +0.00
PR Permian Resources Corp. Class A Add +12.7% 0.06% +0.00

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