NJ State Employees Deferred Compensation Plan

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), NJ State Employees Deferred Compensation Plan reported 473 stock positions worth $804.2 million. Its top holding was Microsoft (MSFT) at 6.6% of the portfolio, followed by Apple (AAPL, 6.5%) and Nvidia (NVDA, 4.5%). Compared with Q1 2024, it opened 7 new positions, sold out of 16, added to 2 and reduced 21. The biggest buy was Nvidia (NVDA, shares +39%) and the biggest sale Cadence Design SYS (CDNS, shares −50%).

Most Recent 13F
Q2 2026
Location
TRENTON, NJ
CIK
0001483259
Portfolio Value
$804.2M (Q2 2024)
SEC Filing
0001085146-24-003520 ↗ filed Aug 6, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $789.5M Q1 2024 Q2 2024: $804.2M $804.2M Q2 2024 Q3 2024: $842.0M Q3 2024 Q4 2024: $822.9M Q4 2024 Q1 2025: $779.3M Q1 2025 Q2 2025: $846.4M Q2 2025 Q3 2025: $906.3M Q3 2025 Q4 2025: $0 Q4 2025 Q1 2026: $0 Q1 2026 Q2 2026: $0 Q2 2026

Holdings 473 stocks · $804.2M
MSFT Microsoft Corp. 6.64% 119,500 $53.4M No change
AAPL Apple Inc. 6.52% 249,100 $52.5M No change
NVDA Nvidia Corp. 4.55% 296,000 $36.6M Add +39.0%
AMZN Amazon.com Inc. 3.57% 148,400 $28.7M Reduce -3.3%
GOOG Alphabet Inc. Class C 2.59% 113,400 $20.8M Reduce -8.2%
META Meta Platforms Inc. Class A 2.11% 33,600 $16.9M No change
LLY Eli Lilly & Co. 1.93% 17,160 $15.5M Reduce -16.5%
JPM JPMorgan Chase & Co. 1.53% 61,000 $12.3M Reduce -18.4%
GOOGL Alphabet Inc. Class A 1.30% 57,600 $10.5M No change
MRK Merck & Co. Inc. 1.24% 80,252 $9.9M No change
XOM Exxon Mobil Corp. 1.08% 75,417 $8.7M No change
WMT Walmart Inc. 1.01% 120,000 $8.1M No change
KLAC KLA Corp. 1.00% 9,800 $8.1M Reduce -11.7%
JNJ Johnson & Johnson 0.98% 53,699 $7.8M No change
ORCL Oracle Corp. 0.97% 55,000 $7.8M No change
PG The Procter & Gamble Co. 0.94% 45,700 $7.5M No change
AMAT Applied Materials Inc. 0.92% 31,200 $7.4M No change
AXP American Express Co. 0.91% 31,600 $7.3M No change
LRCX Lam Research Corp. 0.84% 6,325 $6.7M Reduce -10.0%
COST Costco Wholesale Corp. 0.82% 7,800 $6.6M No change
CMG Chipotle Mexican Grill Inc. 0.77% 99,300 $6.2M Reduce -9.2%
GS Goldman Sachs Group Inc. 0.76% 13,550 $6.1M No change
QCOM Qualcomm Inc. 0.74% 30,000 $6.0M No change
BRK.B Berkshire Hathaway Inc. Class B 0.65% 12,900 $5.2M New
CMCSA Comcast Corp. Class A 0.62% 127,000 $5.0M No change
AMT American Tower Corp. 0.61% 25,200 $4.9M No change
CSCO Cisco Systems Inc. 0.57% 97,000 $4.6M No change
MCHP Microchip Technology Inc. 0.57% 50,000 $4.6M No change
WFC Wells Fargo & Co. 0.57% 77,000 $4.6M No change
MSI Motorola Solutions Inc. 0.57% 11,771 $4.5M Reduce -13.3%
LIN Linde PLC 0.53% 9,700 $4.3M No change
BSX Boston Scientific Corp. 0.53% 55,000 $4.2M No change
UNP Union Pacific Corp. 0.53% 18,700 $4.2M No change
MCD McDonald's Corp. 0.52% 16,493 $4.2M No change
RTX RTX Corp. 0.51% 41,215 $4.1M No change
FTAI Ftai Aviation Ltd. 0.51% 40,000 $4.1M No change
CVX Chevron Corp. 0.51% 26,393 $4.1M No change
KO The Coca-Cola Co. 0.50% 63,000 $4.0M No change
MU Micron Technology Inc. 0.49% 30,000 $3.9M No change
PM Philip Morris International 0.48% 38,000 $3.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.48% 38,700 $3.8M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.45% 60,038 $3.6M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.43% 20,000 $3.5M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.43% 86,582 $3.4M No change
SNPS Synopsys Inc. 0.42% 5,742 $3.4M Reduce -46.5%
ABT Abbott Laboratories 0.42% 32,854 $3.4M No change
DE Deere & Co. 0.42% 9,100 $3.4M No change
EFX Equifax Inc. 0.41% 13,700 $3.3M No change
TMO Thermo Fisher Scientific Inc. 0.41% 6,000 $3.3M No change
ABBV Abbvie Inc. 0.40% 18,964 $3.3M No change
LOW Lowe's Cos Inc. 0.40% 14,700 $3.2M No change
DFS Discover Financial Services 0.40% 24,350 $3.2M No change
MRSH Marsh & McLennan Cos 0.37% 14,100 $3.0M No change
MCK McKesson Corp. 0.36% 5,000 $2.9M No change
RSG Republic Services Inc. 0.36% 15,000 $2.9M No change
HON Honeywell International Inc. 0.36% 13,600 $2.9M No change
COP Conocophillips 0.36% 25,000 $2.9M Reduce -16.7%
NEE Nextera Energy Inc. 0.35% 40,000 $2.8M No change
CDNS Cadence Design SYS Inc. 0.35% 9,050 $2.8M Reduce -50.4%
YUM Yum! Brands Inc. 0.35% 21,000 $2.8M No change
AMD Advanced Micro Devices 0.34% 17,000 $2.8M No change
HD Home Depot Inc. 0.34% 8,000 $2.8M No change
ROK Rockwell Automation Inc. 0.34% 10,000 $2.8M No change
NSC Norfolk Southern Corp. 0.34% 12,700 $2.7M No change
GE General Electric filed as GE AEROSPACE 0.34% 17,028 $2.7M No change
VZ Verizon Communications Inc. 0.33% 65,000 $2.7M No change
NOC Northrop Grumman Corp. 0.33% 6,100 $2.7M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.33% 23,000 $2.7M No change
CVS CVS Health Corp. 0.32% 43,766 $2.6M No change
INTC Intel Corp. 0.32% 83,000 $2.6M No change
PH Parker Hannifin Corp. 0.31% 5,000 $2.5M No change
AMGN Amgen Inc. 0.31% 8,000 $2.5M No change
SCHW Schwab (charles) Corp. 0.31% 33,800 $2.5M No change
TMUS T-Mobile US Inc. 0.31% 14,062 $2.5M Reduce -21.3%
GD General Dynamics Corp. 0.31% 8,500 $2.5M No change
PEP Pepsico Inc. 0.30% 14,751 $2.4M Reduce -21.8%
MPC Marathon Petroleum Corp. 0.30% 13,800 $2.4M Reduce -31.0%
MTSI Macom Technology Solutions H 0.29% 21,000 $2.3M No change
MDLZ Mondelez International Inc. Class A 0.29% 35,487 $2.3M No change
CB Chubb Ltd. 0.29% 9,028 $2.3M No change
SEIC Sei Investments Company 0.28% 35,400 $2.3M No change
AVY Avery Dennison Corp. 0.27% 10,000 $2.2M No change
JOE The St Joe Co. 0.27% 39,000 $2.1M No change
THC Tenet Healthcare Corp. 0.26% 16,000 $2.1M No change
USB US Bancorp 0.26% 53,500 $2.1M No change
VKTX Viking Therapeutics Inc. 0.25% 38,000 $2.0M Add +336.8%
PSX Phillips 66 0.25% 14,200 $2.0M Reduce -22.4%
IONS Ionis Pharmaceuticals Inc. 0.25% 42,000 $2.0M No change
KLIC Kulicke & Soffa Industries 0.24% 40,000 $2.0M No change
ZTS Zoetis Inc. 0.24% 11,178 $1.9M No change
LMB Limbach Holdings Inc. 0.23% 33,000 $1.9M No change
T AT&T Inc. 0.23% 97,689 $1.9M No change
PNC PNC Financial Services Group 0.23% 11,900 $1.9M No change
EME Emcor Group Inc. 0.23% 5,000 $1.8M No change
BMY Bristol-Myers Squibb Co. 0.23% 43,884 $1.8M No change
FRPT Freshpet Inc. 0.23% 14,000 $1.8M No change
COR Cencora Inc. 0.22% 7,996 $1.8M No change
CWCO Consolidated Water Co.-Ord SH 0.22% 67,000 $1.8M No change
JBHT Hunt (jb) Transprt SVCS Inc. 0.22% 11,000 $1.8M No change
AVB Avalonbay Communities Inc. 0.22% 8,407 $1.7M No change

Show all 473 holdings

Portfolio Sells Q1 2024 → Q2 2024
CDNS Cadence Design SYS Inc. Reduce -50.4% 0.35% −0.37
JPM JPMorgan Chase & Co. Reduce -18.4% 1.53% −0.36
SNPS Synopsys Inc. Reduce -46.5% 0.42% −0.35
MPC Marathon Petroleum Corp. Reduce -31.0% 0.30% −0.21
AEL American National Group Inc. Sold out 0.00% −0.14
PSX Phillips 66 Reduce -22.4% 0.25% −0.13
COP Conocophillips Reduce -16.7% 0.36% −0.13
PEP Pepsico Inc. Reduce -21.8% 0.30% −0.12
SYY Sysco Corp. Reduce -53.1% 0.07% −0.11
LLY Eli Lilly & Co. Reduce -16.5% 1.93% −0.09
DSKE Daseke Inc. Sold out 0.00% −0.08
CL Colgate-Palmolive Co. Reduce -31.2% 0.19% −0.07
TMUS T-Mobile US Inc. Reduce -21.3% 0.31% −0.06
NTCT Netscout Systems Inc. Sold out 0.00% −0.06
MODN Model N Inc. Sold out 0.00% −0.05
MSI Motorola Solutions Inc. Reduce -13.3% 0.57% −0.05
KAMN Kaman Corp. Sold out 0.00% −0.03
CMG Chipotle Mexican Grill Inc. Reduce -9.2% 0.77% −0.03
RHP Ryman Hospitality Properties Sold out 0.00% −0.03
PLAB Photronics Inc. Sold out 0.00% −0.03
ALLE Allegion PLC Sold out 0.00% −0.03
KSS Kohls Corp. Sold out 0.00% −0.03
SIGI Selective Insurance Group Sold out 0.00% −0.03
PFG Principal Financial Group Sold out 0.00% −0.03
LRCX Lam Research Corp. Reduce -10.0% 0.84% −0.03
PPLI People Inc. Sold out 0.00% −0.03
XRX Xerox Holdings Corp. Sold out 0.00% −0.02
LMNR Limoneira Co. Reduce -26.3% 0.07% −0.02
BHF Brighthouse Financial Inc. Reduce -25.6% 0.03% −0.02
SNX TD Synnex Corp. Reduce -15.9% 0.07% −0.01
ADTN Adtran Holdings Inc. Sold out 0.00% −0.01
SBRA Sabra Health Care REIT Inc. Reduce -9.4% 0.02% −0.00
PIERIS PHARMACEUTICALS INC Sold out 0.00% −0.00
XXII 22ND Century Group Inc. Sold out 0.00% −0.00
KLAC KLA Corp. Reduce -11.7% 1.00% +0.02
AMZN Amazon.com Inc. Reduce -3.3% 3.57% +0.06
GOOG Alphabet Inc. Class C Reduce -8.2% 2.59% +0.20

Portfolio Buys Q1 2024 → Q2 2024
NVDA Nvidia Corp. Add +39.0% 4.55% +2.11
BRK.B Berkshire Hathaway Inc. Class B New 0.65% +0.65
VKTX Viking Therapeutics Inc. Add +336.8% 0.25% +0.16
BAM Brookfield Asset Mgmt-A New 0.04% +0.04
SFM Sprouts Farmers Market Inc. New 0.03% +0.03
ALNY Alnylam Pharmaceuticals Inc. New 0.03% +0.03
NYT New York Times Co. Class A New 0.03% +0.03
VTR Ventas Inc. New 0.03% +0.03
FLR Fluor Corp. New 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 0$0
Q1 2026 0$0
Q4 2025 0$0
Q3 2025 437$906.3MMSFT, AAPL, NVDA, AMZN, GOOG
Q2 2025 437$846.4MMSFT, AAPL, NVDA, AMZN, META
Q1 2025 444$779.3MAAPL, MSFT, NVDA, AMZN, META
Q4 2024 462$822.9MAAPL, MSFT, NVDA, AMZN, GOOG
Q3 2024 474$842.0MAAPL, MSFT, NVDA, AMZN, META
Q2 2024 473$804.2MMSFT, AAPL, NVDA, AMZN, GOOG
Q1 2024 481$789.5MMSFT, AAPL, AMZN, NVDA, GOOG