Police & Firemen's Retirement System of New Jersey
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Police & Firemen's Retirement System of New Jersey reported 3,071 stock positions worth $9.9 billion. Its top holding was iShares MSCI India ETF (INDA) at 5.0% of the portfolio, followed by Apple (AAPL, 4.8%) and Microsoft (MSFT, 4.1%). Compared with Q4 2024, it opened 85 new positions, sold out of 32, added to 748 and reduced 182. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +0%) and the biggest sale Alphabet Class C (GOOG, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- TRENTON, NJ
- CIK
- 0002040686
- Portfolio Value
- $9.9B (Q1 2025)
- SEC Filing
- 0002040686-25-000003 ↗ filed May 9, 2025
Holdings Value
Holdings 3,071 stocks · $9.9B
| INDA iShares MSCI India ETF | 5.04% | 9,684,385 | $498.6M | Add +3.1% |
| AAPL Apple Inc. | 4.82% | 2,144,868 | $476.4M | Add +3.0% |
| MSFT Microsoft Corp. | 4.11% | 1,082,541 | $406.4M | Add +0.1% |
| NVDA Nvidia Corp. | 3.73% | 3,406,992 | $369.2M | Add +0.1% |
| AMZN Amazon.com Inc. | 2.63% | 1,366,201 | $259.9M | Add +0.1% |
| META Meta Platforms Inc. Class A | 1.86% | 318,963 | $183.8M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.43% | 266,465 | $141.9M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.34% | 855,244 | $132.3M | Add +0.1% |
| AVGO Broadcom Inc. | 1.13% | 669,590 | $112.1M | Add +1.2% |
| GOOG Alphabet Inc. Class C | 1.12% | 706,714 | $110.4M | Reduce -0.0% |
| TSLA Tesla Inc. | 1.06% | 404,543 | $104.8M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.01% | 408,922 | $100.3M | Add +0.0% |
| LLY Eli Lilly & Co. | 0.97% | 116,518 | $96.2M | Add +0.0% |
| V Visa Inc. Class A | 0.89% | 251,014 | $88.0M | Add +9.6% |
| CNYA iShares MSCI China A ETF | 0.77% | 2,734,036 | $76.6M | No change |
| XOM Exxon Mobil Corp. | 0.77% | 639,728 | $76.1M | Reduce -2.0% |
| UNH Unitedhealth Group Inc. | 0.71% | 133,935 | $70.1M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.66% | 118,641 | $65.0M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.62% | 64,517 | $61.0M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.59% | 343,429 | $58.5M | Add +0.0% |
| JNJ Johnson & Johnson | 0.59% | 351,153 | $58.2M | Add +0.1% |
| NFLX Netflix Inc. | 0.59% | 62,309 | $58.1M | Add +0.1% |
| WMT Walmart Inc. | 0.56% | 631,990 | $55.5M | Add +0.1% |
| ABBV Abbvie Inc. | 0.55% | 258,007 | $54.1M | Add +0.1% |
| HD Home Depot Inc. | 0.54% | 144,471 | $52.9M | Add +0.1% |
| KO The Coca-Cola Co. | 0.41% | 564,878 | $40.5M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 969,056 | $40.4M | Reduce 0.0% |
| CVX Chevron Corp. | 0.40% | 238,033 | $39.8M | Reduce -5.0% |
| CRM Salesforce Inc. | 0.37% | 134,587 | $36.1M | Add +0.1% |
| PM Philip Morris International | 0.36% | 226,368 | $35.9M | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.36% | 581,623 | $35.9M | Add +0.1% |
| WFC Wells Fargo & Co. | 0.35% | 479,037 | $34.4M | Reduce -1.2% |
| ABT Abbott Laboratories | 0.34% | 251,853 | $33.4M | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 133,561 | $33.2M | Add +0.0% |
| MRK Merck & Co. Inc. | 0.34% | 369,468 | $33.2M | Add +0.1% |
| MCD McDonald's Corp. | 0.33% | 104,868 | $32.8M | Add +0.0% |
| LIN Linde PLC | 0.33% | 69,967 | $32.6M | No change |
| ORCL Oracle Corp. | 0.33% | 232,619 | $32.5M | Add +1.8% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 156,903 | $31.4M | Add +0.1% |
| PEP Pepsico Inc. | 0.30% | 200,037 | $30.0M | Reduce 0.0% |
| T AT&T Inc. | 0.30% | 1,046,966 | $29.6M | Add +0.2% |
| ACN Accenture PLC Class A | 0.29% | 91,392 | $28.5M | Add +0.1% |
| VZ Verizon Communications Inc. | 0.28% | 613,394 | $27.8M | Add +0.0% |
| TMO Thermo Fisher Scientific Inc. | 0.28% | 55,590 | $27.7M | Add +0.0% |
| ROYAL BANK OF CANADA | 0.28% | 245,255 | $27.6M | Add +2.9% |
| SPOT Spotify Technology SA | 0.27% | 48,241 | $26.5M | Add +1.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 264,560 | $26.1M | Add +0.2% |
| RTX RTX Corp. | 0.26% | 193,542 | $25.6M | Add +0.0% |
| JNK SS SPDR BB High Yield Bond | 0.26% | 268,101 | $25.6M | No change |
| ISRG Intuitive Surgical Inc. | 0.26% | 51,420 | $25.5M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.26% | 299,727 | $25.3M | Add +2.4% |
| QCOM Qualcomm Inc. | 0.25% | 162,774 | $25.0M | Add +0.2% |
| INTU Intuit Inc. | 0.25% | 39,735 | $24.4M | No change |
| AMGN Amgen Inc. | 0.25% | 78,134 | $24.3M | Add +0.1% |
| ADBE Adobe Inc. | 0.25% | 63,322 | $24.3M | Reduce -1.8% |
| PGR Progressive Corp. | 0.24% | 85,108 | $24.1M | Add +0.2% |
| GS Goldman Sachs Group Inc. | 0.24% | 44,068 | $24.1M | Reduce -1.5% |
| AMD Advanced Micro Devices | 0.24% | 234,223 | $24.1M | No change |
| TXN Texas Instruments Inc. | 0.24% | 132,663 | $23.8M | Add +0.2% |
| NOW ServiceNow Inc. | 0.24% | 29,870 | $23.8M | Reduce -0.0% |
| CAT Caterpillar Inc. | 0.23% | 70,263 | $23.2M | Reduce -1.3% |
| SPGI S&P Global Inc. | 0.23% | 45,578 | $23.2M | Reduce -0.0% |
| BKNG Booking Holdings Inc. | 0.22% | 4,817 | $22.2M | No change |
| AXP American Express Co. | 0.22% | 80,781 | $21.7M | Reduce -1.2% |
| BSX Boston Scientific Corp. | 0.22% | 214,109 | $21.6M | No change |
| UBER Uber Technologies Inc. | 0.22% | 295,792 | $21.6M | Reduce 0.0% |
| PDD PDD Holdings Inc. | 0.22% | 181,960 | $21.5M | Add +4.8% |
| NEE Nextera Energy Inc. | 0.21% | 299,255 | $21.2M | Add +0.0% |
| UNP Union Pacific Corp. | 0.21% | 88,764 | $21.0M | Reduce -0.1% |
| PFE Pfizer Inc. | 0.21% | 825,535 | $20.9M | No change |
| GILD Gilead Sciences Inc. | 0.21% | 181,794 | $20.4M | No change |
| BLK BlackRock Inc. | 0.21% | 21,474 | $20.3M | No change |
| CMCSA Comcast Corp. Class A | 0.20% | 545,763 | $20.1M | Reduce -1.2% |
| HON Honeywell International Inc. | 0.20% | 94,832 | $20.1M | Add +0.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 164,720 | $20.1M | No change |
| SHOPIFY INC CLASS A | 0.20% | 209,668 | $19.9M | Add +2.3% |
| COP Conocophillips | 0.20% | 188,307 | $19.8M | No change |
| SYK Stryker Corp. | 0.20% | 52,696 | $19.6M | No change |
| C Citigroup Inc. | 0.20% | 275,870 | $19.6M | No change |
| MS Morgan Stanley | 0.20% | 167,350 | $19.5M | Reduce -1.1% |
| DHR Danaher Corp. | 0.19% | 93,941 | $19.3M | No change |
| LOW Lowe's Cos Inc. | 0.19% | 82,064 | $19.1M | Reduce -1.6% |
| SCHW Schwab (charles) Corp. | 0.19% | 241,407 | $18.9M | Add +11.1% |
| BA The Boeing Co. | 0.19% | 108,772 | $18.6M | Add +5.6% |
| ADP Automatic Data Processing | 0.18% | 59,867 | $18.3M | Add +0.0% |
| TMUS T-Mobile US Inc. | 0.18% | 68,562 | $18.3M | Reduce -1.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.18% | 37,642 | $18.2M | Add +0.0% |
| FISV Fiserv Inc. | 0.18% | 82,541 | $18.2M | No change |
| TORONTO DOMINION BANK | 0.18% | 303,238 | $18.2M | Add +2.6% |
| BMY Bristol-Myers Squibb Co. | 0.18% | 295,515 | $18.0M | No change |
| CB Chubb Ltd. | 0.18% | 59,025 | $17.8M | Add +0.3% |
| MRSH Marsh & McLennan Cos | 0.18% | 71,586 | $17.5M | Reduce -0.5% |
| UBS GROUP AG REG | 0.17% | 569,514 | $17.3M | Add +2.9% |
| AMAT Applied Materials Inc. | 0.17% | 118,382 | $17.2M | Reduce -2.2% |
| DE Deere & Co. | 0.17% | 36,283 | $17.0M | Reduce -1.2% |
| MDT Medtronic PLC | 0.17% | 187,282 | $16.8M | No change |
| ENBRIDGE INC | 0.17% | 373,313 | $16.5M | Add +1.9% |
| SBUX Starbucks Corp. | 0.16% | 165,038 | $16.2M | No change |
| PANW Palo Alto Networks Inc. | 0.16% | 94,116 | $16.1M | Add +0.0% |
| ETN Eaton Corp. PLC | 0.16% | 57,495 | $15.6M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| GOOG Alphabet Inc. Class C | Reduce -0.0% | 1.12% | −0.19 |
| NOW ServiceNow Inc. | Reduce -0.0% | 0.24% | −0.07 |
| ADBE Adobe Inc. | Reduce -1.8% | 0.25% | −0.03 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.03 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.02 |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | Sold out | 0.00% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -2.2% | 0.17% | −0.02 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.02 |
| TGT Target Corp. | Reduce -0.0% | 0.07% | −0.02 |
| CAT Caterpillar Inc. | Reduce -1.3% | 0.23% | −0.02 |
| AXP American Express Co. | Reduce -1.2% | 0.22% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -1.6% | 0.05% | −0.02 |
| QIAGEN N.V. | Sold out | 0.00% | −0.01 |
| GM General Motors Co. | Reduce -9.6% | 0.07% | −0.01 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.01 |
| ALTR Altair Engineering Inc. Class A | Sold out | 0.00% | −0.01 |
| MAR Marriott International Class A | Reduce -1.8% | 0.08% | −0.01 |
| ALTM Arcadium Lithium PLC | Sold out | 0.00% | −0.01 |
| CIEN Ciena Corp. | Reduce -0.4% | 0.03% | −0.01 |
| TELUS CORP | Sold out | 0.00% | −0.01 |
| FDX FedEx Corp. | Reduce -2.1% | 0.08% | −0.01 |
| MS Morgan Stanley | Reduce -1.1% | 0.20% | −0.01 |
| EVR Evercore Inc. Class A | Reduce -0.2% | 0.03% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -0.9% | 0.04% | −0.01 |
| CELESTICA INC | Reduce -21.4% | 0.02% | −0.01 |
| LEN Lennar Corp. Class A | Reduce -2.9% | 0.04% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -1.6% | 0.19% | −0.01 |
| CONSOL ENERGY INC | Sold out | 0.00% | −0.01 |
| TOL Toll Brothers Inc. | Reduce -1.3% | 0.04% | −0.01 |
| ALK Alaska Air Group Inc. | Reduce -1.2% | 0.02% | −0.01 |
| HPQ HP Inc. | Reduce -2.5% | 0.04% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -1.5% | 0.24% | −0.01 |
| ABNB Airbnb Inc. Class A | Reduce -1.8% | 0.08% | −0.01 |
| NARI Inari Medical Inc. | Sold out | 0.00% | −0.01 |
| BAC Bank of America Corp. | Reduce 0.0% | 0.41% | −0.01 |
| BBWI Bath & Body Works Inc. | Reduce -0.1% | 0.02% | −0.01 |
| BIO Bio-Rad Laboratories-A | Reduce -2.6% | 0.02% | −0.01 |
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −0.01 |
| GNRC Generac Holdings Inc. | Reduce -1.5% | 0.03% | −0.01 |
| ARCH Arch Resources Inc. | Sold out | 0.00% | −0.01 |
| AMP Ameriprise Financial Inc. | Reduce -1.2% | 0.07% | −0.00 |
| IBTX Independent Bank Group Inc. | Sold out | 0.00% | −0.00 |
| DHI D.R. Horton Inc. | Reduce -2.4% | 0.05% | −0.00 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −0.00 |
| BARNES GROUP INC | Sold out | 0.00% | −0.00 |
| FCNCA First Citizens Bcshs Class A | Reduce -3.7% | 0.03% | −0.00 |
| WSM Williams-Sonoma Inc. | Reduce -2.4% | 0.03% | −0.00 |
| ULTA Ulta Beauty Inc. | Reduce -1.9% | 0.03% | −0.00 |
| CIVI Civitas Resources Inc. | Reduce -2.7% | 0.01% | −0.00 |
| ROK Rockwell Automation Inc. | Reduce -2.0% | 0.04% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 1.43% | +0.26 |
| INDA iShares MSCI India ETF | Add +3.1% | 5.04% | +0.23 |
| V Visa Inc. Class A | Add +9.6% | 0.89% | +0.18 |
| ABBV Abbvie Inc. | Add +0.1% | 0.55% | +0.10 |
| PM Philip Morris International | Add +0.0% | 0.36% | +0.10 |
| LLY Eli Lilly & Co. | Add +0.0% | 0.97% | +0.10 |
| JNJ Johnson & Johnson | Add +0.1% | 0.59% | +0.10 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.08% | +0.08 |
| T AT&T Inc. | Add +0.2% | 0.30% | +0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.06% | +0.06 |
| GE General Electric | Add +0.1% | 0.32% | +0.06 |
| SPOT Spotify Technology SA | Add +1.9% | 0.27% | +0.06 |
| ABT Abbott Laboratories | Add +0.1% | 0.34% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 1.01% | +0.06 |
| PDD PDD Holdings Inc. | Add +4.8% | 0.22% | +0.05 |
| ASHR Xtrackers Harvest Csi 300 CH | New | 0.05% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +0.1% | 0.71% | +0.05 |
| IBM Intl Business Machines Corp. | Add +0.0% | 0.34% | +0.05 |
| MA Mastercard Inc. Class A | Add +0.0% | 0.66% | +0.05 |
| AMGN Amgen Inc. | Add +0.1% | 0.25% | +0.05 |
| NFLX Netflix Inc. | Add +0.1% | 0.59% | +0.05 |
| CVS CVS Health Corp. | Add +0.4% | 0.13% | +0.05 |
| PGR Progressive Corp. | Add +0.2% | 0.24% | +0.05 |
| VZ Verizon Communications Inc. | Add +0.0% | 0.28% | +0.04 |
| META Meta Platforms Inc. Class A | Add +0.1% | 1.86% | +0.04 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.62% | +0.04 |
| RTX RTX Corp. | Add +0.0% | 0.26% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +2.4% | 0.26% | +0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.0% | 0.18% | +0.04 |
| MCD McDonald's Corp. | Add +0.0% | 0.33% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +11.1% | 0.19% | +0.03 |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | New | 0.03% | +0.03 |
| AGNICO EAGLE MINES LTD | Add +4.1% | 0.10% | +0.03 |
| PG The Procter & Gamble Co. | Add +0.0% | 0.59% | +0.03 |
| TORONTO DOMINION BANK | Add +2.6% | 0.18% | +0.03 |
| MSTR Strategy Inc. | Add +40.5% | 0.10% | +0.03 |
| AMT American Tower Corp. | Add +0.4% | 0.15% | +0.03 |
| CSCO Cisco Systems Inc. | Add +0.1% | 0.36% | +0.03 |
| SMIN iShares MSCI India Small-Cap | Add +43.5% | 0.11% | +0.03 |
| ELV Elevance Health Inc. | Add +0.4% | 0.15% | +0.03 |
| ORLY O'reilly Automotive Inc. | Add +0.4% | 0.12% | +0.03 |
| DEUTSCHE BANK AG REGISTERED | Add +2.6% | 0.08% | +0.02 |
| MO Altria Group Inc. | Add +0.1% | 0.15% | +0.02 |
| INTC Intel Corp. | Add +2.0% | 0.14% | +0.02 |
| CME Cme Group Inc. | Add +0.5% | 0.14% | +0.02 |
| WM Waste Management Inc. | Add +0.1% | 0.14% | +0.02 |
| ANGLOGOLD ASHANTI PLC | Add +3.8% | 0.05% | +0.02 |
| CB Chubb Ltd. | Add +0.3% | 0.18% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +0.4% | 0.13% | +0.02 |
| APTV Aptiv PLC | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 3,202 | $13.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 3,134 | $11.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 3,156 | $12.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 3,166 | $12.4B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 3,147 | $10.8B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 3,071 | $9.9B | INDA, AAPL, MSFT, NVDA, AMZN |
| Q4 2024 | 3,016 | $10.3B | AAPL, INDA, NVDA, MSFT, AMZN |