State of New Jersey Common Pension Fund D
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), State of New Jersey Common Pension Fund D reported 1,460 stock positions worth $27.2 billion. Its top holding was Nvidia (NVDA) at 5.8% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 5.5%) and Apple (AAPL, 4.9%). Compared with Q2 2025, it opened 53 new positions, sold out of 66, added to 1,021 and reduced 269. The biggest buy was Apple (AAPL, shares +3%) and the biggest sale an exit from VG Morningstar TS MKT ETF-US (VTI).
- Most Recent 13F
- Q2 2026
- Location
- TRENTON, NJ
- CIK
- 0001483066
- Portfolio Value
- $27.2B (Q3 2025)
- SEC Filing
- 0001483066-25-000003 ↗ filed Nov 7, 2025
Holdings Value
Holdings 1,460 stocks · $27.2B
| NVDA Nvidia Corp. | 5.84% | 8,506,237 | $1.6B | Add +3.6% |
| IEMG iShares Core MSCI Emerging | 5.47% | 22,561,008 | $1.5B | Add +7.8% |
| AAPL Apple Inc. | 4.88% | 5,207,827 | $1.3B | Add +3.0% |
| MSFT Microsoft Corp. | 4.69% | 2,461,836 | $1.3B | Add +3.6% |
| VNQ Vanguard Real Estate ETF | 2.89% | 8,598,869 | $786.1M | No change |
| AMZN Amazon.com Inc. | 2.69% | 3,334,208 | $732.1M | Add +3.7% |
| META Meta Platforms Inc. Class A | 2.05% | 757,242 | $556.1M | Add +2.7% |
| AVGO Broadcom Inc. | 1.89% | 1,558,145 | $514.0M | Add +3.7% |
| GOOGL Alphabet Inc. Class A | 1.81% | 2,028,957 | $493.2M | Add +3.4% |
| TSLA Tesla Inc. | 1.65% | 1,011,140 | $449.7M | Add +3.8% |
| GOOG Alphabet Inc. Class C | 1.54% | 1,713,426 | $417.3M | Add +2.9% |
| JPM JPMorgan Chase & Co. | 1.13% | 971,546 | $306.5M | Add +2.9% |
| SCZ iShares MSCI Eafe Small-Cap | 1.05% | 3,702,826 | $284.1M | Add +4.0% |
| INDA iShares MSCI India ETF | 0.97% | 5,043,372 | $262.6M | Reduce -27.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.88% | 474,074 | $238.3M | Add +5.2% |
| LLY Eli Lilly & Co. | 0.79% | 281,265 | $214.6M | Add +3.5% |
| V Visa Inc. Class A | 0.75% | 599,174 | $204.5M | Add +2.7% |
| NFLX Netflix Inc. | 0.66% | 148,863 | $178.5M | Add +3.2% |
| MA Mastercard Inc. Class A | 0.63% | 300,441 | $170.9M | Add +8.5% |
| XOM Exxon Mobil Corp. | 0.63% | 1,509,858 | $170.2M | Add +2.9% |
| ORCL Oracle Corp. | 0.61% | 592,363 | $166.6M | Add +4.5% |
| WMT Walmart Inc. | 0.59% | 1,546,632 | $159.4M | Add +3.5% |
| JNJ Johnson & Johnson | 0.57% | 840,832 | $155.9M | Add +3.2% |
| PLTR Palantir Technologies Inc. Class A | 0.53% | 790,102 | $144.1M | Add +9.5% |
| COST Costco Wholesale Corp. | 0.53% | 155,462 | $143.9M | Add +3.5% |
| ABBV Abbvie Inc. | 0.53% | 617,051 | $142.9M | Add +3.7% |
| HD Home Depot Inc. | 0.52% | 349,904 | $141.8M | Add +4.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 2,503,184 | $129.1M | Add +3.5% |
| PG The Procter & Gamble Co. | 0.47% | 826,698 | $127.0M | Add +3.6% |
| GE General Electric filed as GE AEROSPACE | 0.41% | 371,884 | $111.9M | Add +3.2% |
| UNH Unitedhealth Group Inc. | 0.40% | 317,527 | $109.6M | Add +2.7% |
| CVX Chevron Corp. | 0.39% | 688,113 | $106.9M | Add +22.1% |
| IWM iShares Russell 2000 ETF | 0.36% | 402,418 | $97.4M | No change |
| KO The Coca-Cola Co. | 0.35% | 1,447,590 | $96.0M | Add +4.7% |
| CSCO Cisco Systems Inc. | 0.35% | 1,392,301 | $95.3M | Add +3.7% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.35% | 3,689,415 | $94.4M | No change |
| WFC Wells Fargo & Co. | 0.35% | 1,123,168 | $94.1M | Add +1.9% |
| AMD Advanced Micro Devices | 0.34% | 566,098 | $91.6M | Add +3.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 324,122 | $91.5M | Add +4.0% |
| PM Philip Morris International | 0.33% | 546,056 | $88.6M | Add +3.9% |
| WELL Welltower Inc. | 0.32% | 484,908 | $86.4M | Add +3.5% |
| PLD Prologis Inc. | 0.32% | 754,060 | $86.4M | Add +1.9% |
| GS Goldman Sachs Group Inc. | 0.32% | 107,792 | $85.8M | Add +2.5% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.30% | 1,903,519 | $82.4M | Reduce -20.8% |
| SPHY SS SPDR P High Yield ETF | 0.30% | 3,416,858 | $81.8M | Add +3.0% |
| ABT Abbott Laboratories | 0.30% | 607,739 | $81.4M | Add +3.5% |
| HDB HDFC Bank Ltd.-ADR | 0.30% | 2,369,307 | $80.9M | Add +1.2% |
| CRM Salesforce Inc. | 0.29% | 334,716 | $79.3M | Add +3.6% |
| CAT Caterpillar Inc. | 0.29% | 165,677 | $79.1M | Add +2.5% |
| LIN Linde PLC | 0.29% | 164,931 | $78.3M | Add +3.1% |
| RTX RTX Corp. | 0.29% | 466,824 | $78.1M | Add +3.6% |
| MCD McDonald's Corp. | 0.28% | 249,780 | $75.9M | Add +3.4% |
| IGEB iShares Investment Grade SYS | 0.27% | 1,621,932 | $74.7M | No change |
| MRK Merck & Co. Inc. | 0.27% | 878,529 | $73.7M | Add +3.4% |
| MELI MercadoLibre Inc. | 0.27% | 31,015 | $72.5M | Add +2.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 628,647 | $72.0M | Add +3.0% |
| T AT&T Inc. | 0.26% | 2,504,822 | $70.7M | Add +4.8% |
| UBER Uber Technologies Inc. | 0.25% | 695,135 | $68.1M | Add +9.3% |
| PEP Pepsico Inc. | 0.25% | 483,256 | $67.9M | Add +4.0% |
| MS Morgan Stanley | 0.25% | 422,630 | $67.2M | Add +4.0% |
| NOW ServiceNow Inc. | 0.25% | 72,694 | $66.9M | Add +4.4% |
| INTU Intuit Inc. | 0.25% | 97,769 | $66.8M | Add +3.6% |
| C Citigroup Inc. | 0.24% | 643,885 | $65.4M | Add +1.9% |
| MU Micron Technology Inc. | 0.24% | 390,392 | $65.3M | Add +3.9% |
| AXP American Express Co. | 0.24% | 196,107 | $65.1M | Add +3.0% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 132,248 | $64.1M | Add +3.4% |
| VZ Verizon Communications Inc. | 0.24% | 1,458,784 | $64.1M | Add +4.6% |
| EQIX Equinix Inc. | 0.23% | 80,075 | $62.7M | Add +2.1% |
| QCOM Qualcomm Inc. | 0.23% | 376,083 | $62.6M | Add +1.6% |
| BKNG Booking Holdings Inc. | 0.23% | 11,393 | $61.5M | Add +2.4% |
| LRCX Lam Research Corp. | 0.22% | 450,862 | $60.4M | Add +4.0% |
| BLK BlackRock Inc. | 0.22% | 51,514 | $60.1M | Add +4.4% |
| GEV GE Vernova Inc. | 0.22% | 96,165 | $59.1M | Add +3.5% |
| TXN Texas Instruments Inc. | 0.21% | 317,108 | $58.3M | Add +4.0% |
| APP AppLovin Corp. Class A | 0.21% | 80,851 | $58.1M | Add +3.2% |
| SCHW Schwab (charles) Corp. | 0.21% | 604,519 | $57.7M | Add +3.9% |
| AMAT Applied Materials Inc. | 0.21% | 281,383 | $57.6M | Add +2.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.21% | 510,991 | $57.0M | No change |
| BA The Boeing Co. | 0.21% | 263,677 | $56.9M | Add +4.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 389,753 | $56.3M | Add +3.4% |
| SPIB SS SPDR P Int C Corp. ETF | 0.21% | 1,655,766 | $56.1M | No change |
| ISRG Intuitive Surgical Inc. | 0.21% | 125,131 | $56.0M | Add +3.7% |
| ANET Arista Networks Inc. | 0.20% | 374,890 | $54.6M | Add +2.7% |
| NEE Nextera Energy Inc. | 0.20% | 720,871 | $54.4M | Add +3.1% |
| SPGI S&P Global Inc. | 0.20% | 110,591 | $53.8M | Add +3.8% |
| ACN Accenture PLC Class A | 0.20% | 217,311 | $53.6M | Add +2.8% |
| AMGN Amgen Inc. | 0.20% | 188,365 | $53.2M | Add +4.4% |
| APH Amphenol Corp. Class A | 0.19% | 427,489 | $52.9M | Add +5.0% |
| ADBE Adobe Inc. | 0.19% | 148,709 | $52.5M | Add +3.5% |
| ETN Eaton Corp. PLC | 0.19% | 137,978 | $51.6M | Add +3.7% |
| INTC Intel Corp. | 0.19% | 1,523,257 | $51.1M | Add +4.1% |
| PGR Progressive Corp. | 0.19% | 206,542 | $51.0M | Add +3.5% |
| BSX Boston Scientific Corp. | 0.19% | 517,472 | $50.5M | Add +4.3% |
| PFE Pfizer Inc. | 0.19% | 1,976,323 | $50.4M | Add +3.6% |
| INFY Infosys Ltd.-SP ADR | 0.18% | 3,076,189 | $50.0M | Add +3.5% |
| KLAC KLA Corp. | 0.18% | 46,226 | $49.9M | Add +3.0% |
| SPG Simon Property Group Inc. | 0.18% | 263,891 | $49.5M | Add +1.7% |
| LOW Lowe's Cos Inc. | 0.18% | 196,084 | $49.3M | Add +4.2% |
| UNP Union Pacific Corp. | 0.18% | 208,469 | $49.3M | Add +2.8% |
| SPOT Spotify Technology SA | 0.18% | 69,886 | $48.8M | Reduce -0.6% |
Portfolio Sells Q2 2025 → Q3 2025
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −4.14 |
| INDA iShares MSCI India ETF | Reduce -27.2% | 0.97% | −0.53 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -20.8% | 0.30% | −0.10 |
| JBBB Janus Henderson B-BBB Clo Et | Sold out | 0.00% | −0.09 |
| LONZ PIMCO Senior Loan Active ETF | Reduce -47.1% | 0.08% | −0.08 |
| CLOZ Eldridge BBB-B Clo ETF | Reduce -70.0% | 0.03% | −0.07 |
| HES Hess Corp. | Sold out | 0.00% | −0.05 |
| JSI JH Securitized Income ETF | Reduce -43.9% | 0.05% | −0.04 |
| MBB iShares MBS ETF | Reduce -18.2% | 0.16% | −0.04 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.04 |
| SMIN iShares MSCI India Small-Cap | Reduce -44.0% | 0.04% | −0.04 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -50.0% | 0.03% | −0.03 |
| SPOT Spotify Technology SA | Reduce -0.6% | 0.18% | −0.03 |
| HYDB iShares High Yield Systemati | Reduce -17.8% | 0.08% | −0.02 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.02 |
| EMBJ Embraer SA-Spon ADR | Sold out | 0.00% | −0.01 |
| SRAD Sportradar Group AG-A | Reduce -54.0% | 0.01% | −0.01 |
| INVH Invitation Homes Inc. | Reduce -0.8% | 0.07% | −0.01 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -21.2% | 0.02% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.01 |
| GLOB Globant SA | Sold out | 0.00% | −0.01 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.01 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.01 |
| AIG American International Group | Reduce -4.5% | 0.05% | −0.01 |
| GMS GMS Inc. | Sold out | 0.00% | −0.01 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.01 |
| MMYT Makemytrip Ltd. | Reduce -37.1% | 0.01% | −0.01 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -4.5% | 0.03% | −0.01 |
| AGYS Agilysys Inc. | Sold out | 0.00% | −0.01 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.01 |
| UDR Udr Inc. | Reduce -2.6% | 0.04% | −0.01 |
| AI C3.AI Inc. Class A | Sold out | 0.00% | −0.01 |
| ATKR Atkore Inc. | Sold out | 0.00% | −0.01 |
| AMED Amedisys Inc. | Sold out | 0.00% | −0.01 |
| CCOI Cogent Communications Holdin | Sold out | 0.00% | −0.01 |
| SEM Select Medical Holdings Corp. | Sold out | 0.00% | −0.01 |
| PAR Par Technology Corp. | Sold out | 0.00% | −0.01 |
| ALIT Alight Inc. Class A | Sold out | 0.00% | −0.01 |
| LOAR Loar Holdings Inc. | Sold out | 0.00% | −0.01 |
| OLN Olin Corp. | Sold out | 0.00% | −0.01 |
| VIST Vista Energy Sab DE CV | Sold out | 0.00% | −0.01 |
| TSEM Tower Semiconductor Ltd. | Sold out | 0.00% | −0.01 |
| BROOKLINE BANCORP INC | Sold out | 0.00% | −0.01 |
| CHX Championx Corp. | Sold out | 0.00% | −0.01 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.01 |
| JJSF J & J Snack Foods Corp. | Sold out | 0.00% | −0.01 |
| SWTX Springworks Therapeutics Inc. | Sold out | 0.00% | −0.01 |
| TDC Teradata Corp. | Sold out | 0.00% | −0.01 |
| PAYO Payoneer Global Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +3.0% | 4.88% | +0.86 |
| NVDA Nvidia Corp. | Add +3.6% | 5.84% | +0.81 |
| IEMG iShares Core MSCI Emerging | Add +7.8% | 5.47% | +0.60 |
| GOOGL Alphabet Inc. Class A | Add +3.4% | 1.81% | +0.47 |
| TSLA Tesla Inc. | Add +3.8% | 1.65% | +0.45 |
| GOOG Alphabet Inc. Class C | Add +2.9% | 1.54% | +0.39 |
| AVGO Broadcom Inc. | Add +3.7% | 1.89% | +0.28 |
| PLTR Palantir Technologies Inc. Class A | Add +9.5% | 0.53% | +0.15 |
| ORCL Oracle Corp. | Add +4.5% | 0.61% | +0.13 |
| USHY iShares Broad Usd High Yield | Add +200.0% | 0.17% | +0.11 |
| MSFT Microsoft Corp. | Add +3.6% | 4.69% | +0.11 |
| APP AppLovin Corp. Class A | Add +3.2% | 0.21% | +0.11 |
| ABBV Abbvie Inc. | Add +3.7% | 0.53% | +0.10 |
| JNJ Johnson & Johnson | Add +3.2% | 0.57% | +0.09 |
| CVX Chevron Corp. | Add +22.1% | 0.39% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +2.9% | 1.13% | +0.07 |
| INTC Intel Corp. | Add +4.1% | 0.19% | +0.06 |
| MU Micron Technology Inc. | Add +3.9% | 0.24% | +0.06 |
| LRCX Lam Research Corp. | Add +4.0% | 0.22% | +0.06 |
| ANET Arista Networks Inc. | Add +2.7% | 0.20% | +0.06 |
| GE General Electric | Add +3.2% | 0.41% | +0.05 |
| CAT Caterpillar Inc. | Add +2.5% | 0.29% | +0.05 |
| HOOD Robinhood Markets Inc. Class A | Add +3.2% | 0.14% | +0.04 |
| HD Home Depot Inc. | Add +4.3% | 0.52% | +0.04 |
| QLTA iShares Aaa - A Rated Corpor | New | 0.04% | +0.04 |
| SCZ iShares MSCI Eafe Small-Cap | Add +4.0% | 1.05% | +0.04 |
| APH Amphenol Corp. Class A | Add +5.0% | 0.19% | +0.04 |
| WELL Welltower Inc. | Add +3.5% | 0.32% | +0.04 |
| AMD Advanced Micro Devices | Add +3.8% | 0.34% | +0.04 |
| NEM Newmont Corp. | Add +3.1% | 0.12% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +3.4% | 0.24% | +0.03 |
| RTX RTX Corp. | Add +3.6% | 0.29% | +0.03 |
| C Citigroup Inc. | Add +1.9% | 0.24% | +0.03 |
| PHYL Pgim Active High Yield Bond | Add +35.5% | 0.14% | +0.03 |
| BAC Bank of America Corp. | Add +3.5% | 0.48% | +0.03 |
| GLW Corning Inc. | Add +4.5% | 0.08% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +2.7% | 0.40% | +0.03 |
| RBLX Roblox Corp. Class A | Add +10.7% | 0.10% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.2% | 0.88% | +0.03 |
| KLAC KLA Corp. | Add +3.0% | 0.18% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +2.5% | 0.32% | +0.03 |
| GEV GE Vernova Inc. | Add +3.5% | 0.22% | +0.03 |
| TJX TJX Companies Inc. | Add +3.4% | 0.21% | +0.03 |
| STX Seagate Technology Holdings | Add +7.7% | 0.06% | +0.03 |
| MA Mastercard Inc. Class A | Add +8.5% | 0.63% | +0.03 |
| MS Morgan Stanley | Add +4.0% | 0.25% | +0.03 |
| WDC Western Digital Corp. | Add +5.2% | 0.05% | +0.03 |
| WBD Warner Bros Discovery Inc. | Add +4.1% | 0.06% | +0.02 |
| CRH CRH PLC | Add +2.9% | 0.11% | +0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +9.7% | 0.12% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,717 | $29.3B | NVDA, AAPL, IEMG, MSFT, VNQ |
| Q1 2026 | 1,548 | $25.9B | NVDA, AAPL, MSFT, IEMG, VNQ |
| Q4 2025 | 1,471 | $27.7B | NVDA, IEMG, AAPL, MSFT, VNQ |
| Q3 2025 | 1,460 | $27.2B | NVDA, IEMG, AAPL, MSFT, VNQ |
| Q2 2025 | 1,473 | $25.8B | NVDA, IEMG, MSFT, VTI, AAPL |
| Q1 2025 | 1,499 | $22.2B | AAPL, NVDA, MSFT, VNQ, AMZN |
| Q4 2024 | 1,540 | $24.8B | AAPL, NVDA, MSFT, AMZN, VTI |
| Q3 2024 | 1,528 | $24.3B | AAPL, MSFT, NVDA, AMZN, IEFA |
| Q2 2024 | 1,515 | $22.9B | MSFT, AAPL, NVDA, VTI, AMZN |
| Q1 2024 | 1,548 | $33.1B | MSFT, AAPL, NVDA, AMZN, IEFA |