SEC 13F Intelligence

Managers / Q1 2025 · 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
$2.8B
Q1 2025
Positions
905
Filings on Record
32
2019–present window
Filed
Apr 30, 2025
original filing

Summary

New Mexico Educational Retirement Board reported $2.8B in U.S.-listed holdings across 905 positions for Q1 2025.

Its largest position, AAPL, represents 5.6% of the portfolio.

Compared with Q4 2024, the fund opened 12 new positions and exited 12.

Portfolio Metrics

Turnover
+3.8%
vs prior filed quarter
Top-10 Concentration
+27.9%
share of reported value
Largest Position
+5.6%
Apple
New / Exited
12 / 12
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: 96.6%REIT: 3.2%Other: 0.2%
  • Common Stock · 96.6% · $2.7B
  • REIT · 3.2% · $89M
  • Other · 0.2% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GWREGUIDEWIRE SOFTWARE INCNEW+17.2K17.2K+$3M$3M
DASHDOORDASH INC ANEW+15.5K15.5K+$3M$3M
ENTGENTEGRIS INCNEW+30.9K30.9K+$3M$3M
ACIALBERTSONS COS INC CLASS ANEW+83.0K83.0K+$2M$2M
ATIATI INCNEW+28.8K28.8K+$1M$1M
CAVACAVA GROUP INCNEW+16.7K16.7K+$1M$1M
CARTMAPLEBEAR INCNEW+33.3K33.3K+$1M$1M
BBWIBATH BODY WORKS INCNEW+42.7K42.7K+$1M$1M

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

Holdings — Q1 2025

499 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.59%$156M701.9K
2MSFTMICROSOFT CORPhistory →COM4.68%$130M347.4K
3NVDANVIDIA CORPhistory →COM4.46%$124M1.15M
4AMZNAMAZON.COM INChistory →COM3.01%$84M440.7K
5GOOGLALPHABET INC CL ACOM2.76%$77M495.4K
6METAMETA PLATFORMS INC CLASS Ahistory →COM2.11%$59M101.8K
7BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM1.64%$46M85.7K
8AVGOBROADCOM INChistory →COM1.31%$37M218.3K
9TSLATESLA INChistory →COM1.21%$34M130.5K
10JPMJPMORGAN CHASE COhistory →COM1.16%$32M131.6K
11LLYELI LILLY COhistory →COM1.09%$30M36.8K
12VVISA INC CLASS A SHAREShistory →COM1.01%$28M80.7K
13EXMOCEXXON MOBIL CORPhistory →COM0.88%$24M205.4K
14UNHUNITEDHEALTH GROUP INChistory →COM0.81%$23M43.0K
15MAMASTERCARD INC Ahistory →COM0.75%$21M38.3K
16COSTCOSTCO WHOLESALE CORPhistory →COM0.70%$20M20.7K
17PGPROCTER GAMBLE CO/THEhistory →COM0.67%$19M110.1K
18NFLXNETFLIX INChistory →COM0.67%$19M20.0K
19JNJJOHNSON JOHNSONhistory →COM0.67%$19M112.5K
20WMTWALMART INChistory →COM0.64%$18M202.9K
21ABBVABBVIE INChistory →COM0.62%$17M82.6K
22HDHOME DEPOT INChistory →COM0.61%$17M46.4K
23CVXCHEVRON CORPhistory →COM0.47%$13M78.1K
24BACBANK OF AMERICA CORPhistory →COM0.47%$13M312.0K
25KOCOCA COLA CO/THEhistory →COM0.47%$13M181.2K
26CRMSALESFORCE INChistory →COM0.43%$12M44.7K
27PMPHILIP MORRIS INTERNATIONALhistory →COM0.41%$12M72.7K
28CSCOCISCO SYSTEMS INChistory →COM0.41%$11M186.3K
29WFCWELLS FARGO COhistory →COM0.40%$11M155.6K
30ABTABBOTT LABORATORIEShistory →COM0.39%$11M81.1K
31IBMINTL BUSINESS MACHINES CORPhistory →COM0.39%$11M43.2K
32MRKMERCK CO. INC.history →COM0.38%$11M118.2K
33ORCLORACLE CORPhistory →COM0.38%$10M75.1K
34MCDMCDONALD S CORPhistory →COM0.38%$10M33.5K
35LINLINDE PLChistory →COM0.37%$10M22.2K
36GENERAL ELECTRICCOM0.36%$10M50.6K
37PEPPEPSICO INCCOM0.34%$10M64.1K
38TAT T INCCOM0.34%$9M335.4K
39ACNACCENTURE PLC CL ACOM0.33%$9M29.3K
40VZVERIZON COMMUNICATIONS INCCOM0.32%$9M196.8K
41TMOTHERMO FISHER SCIENTIFIC INCCOM0.32%$9M17.9K
42DISWALT DISNEY CO/THECOM0.30%$8M84.7K
43ISRGINTUITIVE SURGICAL INCCOM0.30%$8M16.6K
44RTXRTX CORPCOM0.30%$8M62.2K
45PLTRPALANTIR TECHNOLOGIES INC ACOM0.29%$8M95.8K
46INTUINTUIT INCCOM0.29%$8M13.1K
47GSGOLDMAN SACHS GROUP INCCOM0.29%$8M14.7K
48QCOMQUALCOMM INCCOM0.29%$8M52.0K
49ADBEADOBE INCCOM0.28%$8M20.6K
50AMGNAMGEN INCCOM0.28%$8M25.1K
51AMDADVANCED MICRO DEVICESCOM0.28%$8M75.8K
52PGRPROGRESSIVE CORPCOM0.28%$8M27.4K
53NOWSERVICENOW INCCOM0.28%$8M9.7K
54TXNTEXAS INSTRUMENTS INCCOM0.27%$8M42.7K
55SPGIS P GLOBAL INCCOM0.27%$8M14.9K
56CATCATERPILLAR INCCOM0.27%$7M22.6K
57UBERUBER TECHNOLOGIES INCCOM0.26%$7M98.4K
58BKNGBOOKING HOLDINGS INCCOM0.26%$7M1.5K
59AXPAMERICAN EXPRESS COCOM0.25%$7M26.0K
60BSXBOSTON SCIENTIFIC CORPCOM0.25%$7M68.9K
61NEENEXTERA ENERGY INCCOM0.24%$7M96.1K
62MSMORGAN STANLEYCOM0.24%$7M58.0K
63PFEPFIZER INCCOM0.24%$7M264.8K
64UNPUNION PACIFIC CORPCOM0.24%$7M28.3K
65CMCSACOMCAST CORP CLASS ACOM0.24%$7M178.4K
66GILDGILEAD SCIENCES INCCOM0.23%$7M58.2K
67HONHONEYWELL INTERNATIONAL INCCOM0.23%$6M30.4K
68BLKBLACKROCK INCCOM0.23%$6M6.8K
69TJXTJX COMPANIES INCCOM0.23%$6M52.7K
70COPCONOCOPHILLIPSCOM0.23%$6M60.5K
71CCITIGROUP INCCOM0.23%$6M88.4K
72SCHWSCHWAB (CHARLES) CORPCOM0.22%$6M79.7K
73LOWLOWE S COS INCCOM0.22%$6M26.5K
74DHRDANAHER CORPCOM0.22%$6M30.0K
75TMUST MOBILE US INCCOM0.22%$6M22.8K
76SYKSTRYKER CORPCOM0.21%$6M16.0K
77BABOEING CO/THECOM0.21%$6M34.9K
78FISVFISERV INCCOM0.21%$6M26.6K
79ADPAUTOMATIC DATA PROCESSINGCOM0.21%$6M19.0K
80VRTXVERTEX PHARMACEUTICALS INCCOM0.21%$6M12.0K
81BMYBRISTOL MYERS SQUIBB COCOM0.21%$6M94.7K
82MRSHMARSH MCLENNAN COSCOM0.20%$6M22.9K
83DEDEERE COCOM0.20%$6M11.9K
84AMATAPPLIED MATERIALS INCCOM0.20%$6M38.5K
85MDTMEDTRONIC PLCCOM0.19%$5M59.9K
86CBCHUBB LTDCOM0.19%$5M17.5K
87PANWPALO ALTO NETWORKS INCCOM0.19%$5M30.6K
88SBUXSTARBUCKS CORPCOM0.19%$5M53.0K
89ETNEATON CORP PLCCOM0.18%$5M18.5K
90PLDPROLOGIS INCCOM0.17%$5M43.3K
91AMTAMERICAN TOWER CORPCOM0.17%$5M21.9K
92MOALTRIA GROUP INCCOM0.17%$5M79.2K
93ELVELEVANCE HEALTH INCCOM0.17%$5M10.8K
94BXBLACKSTONE INCCOM0.17%$5M33.7K
95SOSOUTHERN CO/THECOM0.17%$5M51.2K
96ADIANALOG DEVICES INCCOM0.17%$5M23.2K
97ICEINTERCONTINENTAL EXCHANGE INCOM0.17%$5M26.9K
98INTCINTEL CORPCOM0.16%$5M201.6K
99MUMICRON TECHNOLOGY INCCOM0.16%$4M51.8K
100CMECME GROUP INCCOM0.16%$4M16.8K

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 ↗.