SEC 13F Intelligence

Managers / Q4 2023 · view latest →

NEW MEXICO EDUCATIONAL RETIREMENT BOARD

CIK 0000862469 · P O BOX 26129, 5211 LAS SOLERAS DRIVE, SANTA FE, NM, 87507 · 505-984-5055

Reported Value
$2.6B
Q4 2023
Positions
905
Filings on Record
32
2019–present window
Filed
Jan 22, 2024
original filing

Summary

New Mexico Educational Retirement Board reported $2.6B in U.S.-listed holdings across 905 positions for Q4 2023.

Its largest position, AAPL, represents 5.7% of the portfolio.

Compared with Q3 2023, the fund opened 15 new positions and exited 15.

Portfolio Metrics

Turnover
+1.7%
vs prior filed quarter
Top-10 Concentration
+25.7%
share of reported value
Largest Position
+5.7%
Apple
New / Exited
15 / 15
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.1BQ4 ’18Q1 ’19: $2.3BQ2 ’19: $2.3BQ3 ’19: $2.2BQ4 ’19: $2.4BQ4 ’19Q2 ’20: $2.1BQ3 ’20: $2.1BQ4 ’20: $2.4BQ1 ’21: $2.5BQ1 ’21Q2 ’21: $2.9BQ3 ’21: $2.9BQ4 ’21: $3.0BQ1 ’22: $2.7BQ1 ’22Q2 ’22: $2.1BQ3 ’22: $1.8BQ4 ’22: $1.9BQ1 ’23: $2.0BQ1 ’23Q2 ’23: $2.3BQ3 ’23: $2.3BQ4 ’23: $2.6BQ1 ’24: $2.8BQ1 ’24Q2 ’24: $2.9BQ3 ’24: $3.0BQ4 ’24: $3.0BQ1 ’25: $2.8BQ1 ’25Q2 ’25: $3.1BQ4 ’25: $3.4BQ1 ’26: $3.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 96.2%REIT: 3.5%Other: 0.3%
  • Common Stock · 96.2% · $2.5B
  • REIT · 3.5% · $91M
  • Other · 0.3% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UBERUBER TECHNOLOGIES INCNEW+107.0K107.0K+$7M$7M
LULULULULEMON ATHLETICA INCNEW+6.0K6.0K+$3M$3M
WPCWP CAREY INCNEW+43.4K43.4K+$3M$3M
BURLBURLINGTON STORES INCNEW+13.2K13.2K+$3M$3M
FNDFLOOR DECOR HOLDINGS INC ANEW+21.7K21.7K+$2M$2M
EQHEQUITABLE HOLDINGS INCNEW+65.5K65.5K+$2M$2M
CGCARLYLE GROUP INC/THENEW+43.6K43.6K+$2M$2M
ONTOONTO INNOVATION INCNEW+10.1K10.1K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

499 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.66%$147M765.7K
2MSFTMICROSOFT CORPhistory →COM5.58%$145M386.8K
3GOOGLALPHABET INC CL ACOM3.09%$81M575.0K
4AMZNAMAZON.COM INChistory →COM2.75%$72M471.1K
5NVDANVIDIA CORPhistory →COM2.45%$64M128.7K
6METAMETA PLATFORMS INC CLASS Ahistory →COM1.56%$41M115.2K
7TSLATESLA INChistory →COM1.37%$36M143.3K
8BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM1.30%$34M94.7K
9JPMJPMORGAN CHASE COhistory →COM0.99%$26M152.1K
10AVGOBROADCOM INChistory →COM0.98%$26M22.8K
11UNHUNITEDHEALTH GROUP INChistory →COM0.98%$25M48.4K
12LLYELI LILLY COhistory →COM0.92%$24M41.0K
13VVISA INC CLASS A SHAREShistory →COM0.84%$22M84.2K
14EXMOCEXXON MOBIL CORPhistory →COM0.81%$21M210.3K
15JNJJOHNSON JOHNSONhistory →COM0.76%$20M126.4K
16MAMASTERCARD INC Ahistory →COM0.71%$19M43.5K
17HDHOME DEPOT INChistory →COM0.70%$18M52.7K
18PGPROCTER GAMBLE CO/THEhistory →COM0.69%$18M122.7K
19COSTCOSTCO WHOLESALE CORPhistory →COM0.58%$15M23.1K
20MRKMERCK CO. INC.history →COM0.55%$14M132.0K
21ABBVABBVIE INChistory →COM0.55%$14M91.8K
22ADBEADOBE INChistory →COM0.55%$14M23.8K
23CVXCHEVRON CORPhistory →COM0.53%$14M92.6K
24CRMSALESFORCE INChistory →COM0.51%$13M51.0K
25AMDADVANCED MICRO DEVICEShistory →COM0.47%$12M83.8K
26PEPPEPSICO INChistory →COM0.47%$12M71.7K
27BACBANK OF AMERICA CORPhistory →COM0.47%$12M360.8K
28KOCOCA COLA CO/THEhistory →COM0.46%$12M202.5K
29ACNACCENTURE PLC CL Ahistory →COM0.44%$12M32.9K
30WMTWALMART INChistory →COM0.44%$12M73.0K
31MCDMCDONALD S CORPhistory →COM0.43%$11M38.0K
32NFLXNETFLIX INChistory →COM0.43%$11M23.1K
33INTCINTEL CORPhistory →COM0.42%$11M217.1K
34CSCOCISCO SYSTEMS INChistory →COM0.41%$11M213.1K
35TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.41%$11M20.1K
36LINLINDE PLChistory →COM0.40%$10M25.4K
37ABTABBOTT LABORATORIESCOM0.38%$10M90.5K
38WFCWELLS FARGO COCOM0.37%$10M195.2K
39CMCSACOMCAST CORP CLASS ACOM0.36%$9M216.4K
40INTUINTUIT INCCOM0.35%$9M14.6K
41DISWALT DISNEY CO/THECOM0.33%$9M95.1K
42PFEPFIZER INCCOM0.32%$8M293.7K
43ORCLORACLE CORPCOM0.32%$8M80.1K
44QCOMQUALCOMM INCCOM0.32%$8M58.0K
45VZVERIZON COMMUNICATIONS INCCOM0.32%$8M218.8K
46TXNTEXAS INSTRUMENTS INCCOM0.31%$8M47.3K
47AMGNAMGEN INCCOM0.31%$8M27.8K
48DHRDANAHER CORPCOM0.31%$8M34.5K
49CATCATERPILLAR INCCOM0.30%$8M26.8K
50UNPUNION PACIFIC CORPCOM0.30%$8M31.7K
51IBMINTL BUSINESS MACHINES CORPCOM0.30%$8M47.2K
52BABOEING CO/THECOM0.29%$8M29.4K
53PMPHILIP MORRIS INTERNATIONALCOM0.29%$8M80.8K
54SPGIS P GLOBAL INCCOM0.29%$8M17.1K
55NOWSERVICENOW INCCOM0.29%$8M10.7K
56COPCONOCOPHILLIPSCOM0.28%$7M63.0K
57HONHONEYWELL INTERNATIONAL INCCOM0.28%$7M34.6K
58GENERAL ELECTRIC COCOM0.28%$7M56.7K
59AMATAPPLIED MATERIALS INCCOM0.27%$7M44.0K
60NKENIKE INC CL BCOM0.27%$7M64.1K
61LOWLOWE S COS INCCOM0.27%$7M31.1K
62BKNGBOOKING HOLDINGS INCCOM0.27%$7M1.9K
63GSGOLDMAN SACHS GROUP INCCOM0.26%$7M17.3K
64UBERUBER TECHNOLOGIES INCCOM0.25%$7M107.0K
65PLDPROLOGIS INCCOM0.25%$6M48.0K
66RTXRTX CORPCOM0.25%$6M76.0K
67NEENEXTERA ENERGY INCCOM0.25%$6M105.2K
68MSMORGAN STANLEYCOM0.24%$6M67.8K
69BLACKROCK INCCOM0.24%$6M7.8K
70TAT T INCCOM0.24%$6M372.0K
71ISRGINTUITIVE SURGICAL INCCOM0.24%$6M18.2K
72UPSUNITED PARCEL SERVICE CL BCOM0.23%$6M37.7K
73ELVELEVANCE HEALTH INCCOM0.22%$6M12.3K
74AXPAMERICAN EXPRESS COCOM0.22%$6M31.0K
75SBUXSTARBUCKS CORPCOM0.22%$6M59.7K
76MDTMEDTRONIC PLCCOM0.22%$6M69.2K
77TJXTJX COMPANIES INCCOM0.22%$6M59.9K
78BMYBRISTOL MYERS SQUIBB COCOM0.22%$6M109.3K
79DEDEERE COCOM0.21%$6M14.0K
80LAM RESEARCH CORPCOM0.21%$5M7.0K
81VRTXVERTEX PHARMACEUTICALS INCCOM0.21%$5M13.4K
82SCHWSCHWAB (CHARLES) CORPCOM0.20%$5M77.3K
83LMTLOCKHEED MARTIN CORPCOM0.20%$5M11.7K
84SYKSTRYKER CORPCOM0.20%$5M17.6K
85CVSCVS HEALTH CORPCOM0.20%$5M66.7K
86GILDGILEAD SCIENCES INCCOM0.20%$5M64.9K
87AMTAMERICAN TOWER CORPCOM0.20%$5M24.3K
88ADIANALOG DEVICES INCCOM0.20%$5M26.3K
89CCITIGROUP INCCOM0.20%$5M101.3K
90MDLZMONDELEZ INTERNATIONAL INC ACOM0.20%$5M70.8K
91ADPAUTOMATIC DATA PROCESSINGCOM0.19%$5M21.5K
92ETNEATON CORP PLCCOM0.19%$5M20.8K
93REGNREGENERON PHARMACEUTICALSCOM0.19%$5M5.6K
94MRSHMARSH MCLENNAN COSCOM0.19%$5M25.7K
95CBCHUBB LTDCOM0.19%$5M21.5K
96MUMICRON TECHNOLOGY INCCOM0.19%$5M57.0K
97PGRPROGRESSIVE CORPCOM0.19%$5M30.5K
98BXBLACKSTONE INCCOM0.18%$5M36.8K
99TMUST MOBILE US INCCOM0.18%$5M29.9K
100ZTSZOETIS INCCOM0.18%$5M24.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.3B908May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.4B908Feb 10, 202613F-HRchanges · EDGAR ↗
Q2 2025$3.1B906Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.8B905Apr 30, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.0B905Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.0B906Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.9B907Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.8B905Apr 23, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2023$2.6B905Jan 22, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.3B905Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.3B905Jul 17, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.0B907May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.9B905Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.8B904Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.1B904Jul 21, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.7B905Apr 1, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.0B905Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.9B906Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.9B906Jul 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.5B906Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.4B907Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.1B907Oct 28, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$2.1B905Aug 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.4B906Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.2B908Nov 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.3B906Aug 6, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.3B908Apr 17, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.1B906Jan 28, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.