SEC 13F Intelligence

Managers / Q1 2025 · view latest →

NJ State Employees Deferred Compensation Plan

CIK 0001483259 · 50 WEST STATE STREET 9TH FLOOR, PO BOX 290, TRENTON, NJ, 08625 · 609 292 5106

Reported Value
$779M
Q1 2025
Positions
444
Filings on Record
30
2019–present window
Filed
May 9, 2025
original filing

Summary

Nj State Employees Deferred Compensation Plan reported $779M in U.S.-listed holdings across 444 positions for Q1 2025.

Its largest position, AAPL, represents 6.6% of the portfolio.

Compared with Q4 2024, the fund opened 2 new positions and exited 20.

Portfolio Metrics

Turnover
+3.7%
vs prior filed quarter
Top-10 Concentration
+31.5%
share of reported value
Largest Position
+6.6%
Apple
New / Exited
2 / 20
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: $480MQ4 ’18Q1 ’19: $550MQ2 ’19: $557MQ3 ’19: $547MQ4 ’19: $589MQ4 ’19Q2 ’20: $532MQ3 ’20: $557MQ4 ’20: $648MQ1 ’21: $703MQ1 ’21Q2 ’21: $752MQ3 ’21: $737MQ4 ’21: $795MQ1 ’22: $740MQ1 ’22Q2 ’22: $614MQ3 ’22: $584MQ4 ’22: $618MQ1 ’23: $648MQ1 ’23Q2 ’23: $693MQ3 ’23: $658MQ4 ’23: $727MQ1 ’24: $790MQ1 ’24Q2 ’24: $804MQ3 ’24: $842MQ4 ’24: $823MQ1 ’25: $779MQ1 ’25Q2 ’25: $846MQ3 ’25: $906MQ4 ’25: $0Q1 ’26: $0Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 97.2%REIT: 2.1%ADR: 0.3%Other: 0.2%Ltd Part: 0.2%
  • Common Stock · 97.2% · $758M
  • REIT · 2.1% · $16M
  • ADR · 0.3% · $2M
  • Other · 0.2% · $2M
  • Ltd Part · 0.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PFGPRINCIPAL FINANCIAL GROUP INNEW+2.5K2.5K+$210,925$210,925
BAXBAXTER INTL INCNEW+6.0K6.0K+$205,380$205,380
ALTAIR ENGR INCSOLD OUT−12.0K0−$1M$0
SUMMIT MATLS INCSOLD OUT−24.4K0−$1M$0
ARCADIUM LITHIUM PLCSOLD OUT−110.7K0−$567,768$0
FIVNFIVE9 INCSOLD OUT−7.0K0−$284,480$0
CVLGCOVENANT LOGISTICS GROUP INCADDED+28.0K56.0K−$283,080$1M
STEEL CONNECT INCSOLD OUT−22.5K0−$280,575$0

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

Holdings — Q1 2025

443 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM6.64%$52M233.0K
2MSFTMICROSOFT CORPhistory →COM5.55%$43M115.3K
3NVDANVIDIA CORPORATIONhistory →COM4.12%$32M296.0K
4AMZNAMAZON COM INChistory →COM3.47%$27M142.2K
5GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.29%$26M164.6K
6METAMETA PLATFORMS INChistory →CL A2.40%$19M32.4K
7JPMJPMORGAN CHASE & CO.history →COM1.92%$15M61.0K
8LLYELI LILLY & COhistory →COM1.82%$14M17.2K
9EXMOCEXXON MOBIL CORPhistory →COM1.15%$9M75.4K
10JNJJOHNSON & JOHNSONhistory →COM1.14%$9M53.7K
11AXPAMERICAN EXPRESS COhistory →COM1.09%$9M31.6K
12GSGOLDMAN SACHS GROUP INCCOM0.95%$7M13.6K
13MRKMERCK & CO INCCOM0.92%$7M80.3K
14PGPROCTER AND GAMBLE COCOM0.90%$7M41.3K
15WMTWALMART INCCOM0.88%$7M78.3K
16BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.88%$7M12.9K
17COSTCOSTCO WHSL CORP NEWCOM0.87%$7M7.2K
18CSCOCISCO SYS INCCOM0.77%$6M97.0K
19ORCLORACLE CORPCOM0.73%$6M40.5K
20PMPHILIP MORRIS INTL INCCOM0.72%$6M35.2K
21WFCWELLS FARGO CO NEWCOM0.71%$6M77.0K
22AMTAMERICAN TOWER CORP NEWCOM0.70%$5M25.2K
23RTXRTX CORPORATIONCOM0.70%$5M41.2K
24MCDMCDONALDS CORPCOM0.66%$5M16.5K
25BNYBANK NEW YORK MELLON CORPCOM0.65%$5M60.0K
26CMGCHIPOTLE MEXICAN GRILL INCCOM0.64%$5M99.3K
27BSXBOSTON SCIENTIFIC CORPCOM0.61%$5M47.0K
28MSIMOTOROLA SOLUTIONS INCCOM NEW0.61%$5M10.8K
29CMCSACOMCAST CORP NEWCL A0.60%$5M127.0K
30KLACKLA CORPCOM NEW0.59%$5M6.8K
31QCOMQUALCOMM INCCOM0.59%$5M30.0K
32LRCXLAM RESEARCH CORPCOM NEW0.59%$5M63.3K
33AMATAPPLIED MATLS INCCOM0.58%$5M31.2K
34LINLINDE PLCSHS0.58%$5M9.7K
35IBMINTERNATIONAL BUSINESS MACHSCOM0.57%$4M17.8K
36UNPUNION PAC CORPCOM0.57%$4M18.7K
37CVXCHEVRON CORP NEWCOM0.57%$4M26.4K
38ABTABBOTT LABSCOM0.56%$4M32.9K
39DEDEERE & COCOM0.55%$4M9.1K
40DISCOVER FINL SVCSCOM0.53%$4M24.4K
41FTAIFTAI AVIATION LTDSHS0.51%$4M36.0K
42DISDISNEY WALT COCOM0.49%$4M38.7K
43RSGREPUBLIC SVCS INCCOM0.47%$4M15.0K
44BACBANK AMERICA CORPCOM0.46%$4M86.6K
45TGTXTG THERAPEUTICS INCCOM0.46%$4M91.6K
46MRSHMARSH & MCLENNAN COS INCCOM0.44%$3M14.1K
47LOWLOWES COS INCCOM0.44%$3M14.7K
48GE AEROSPACECOM NEW0.44%$3M17.0K
49KOCOCA COLA COCOM0.43%$3M47.2K
50MCKMCKESSON CORPCOM0.43%$3M5.0K
51EFXEQUIFAX INCCOM0.43%$3M13.7K
52YUMYUM BRANDS INCCOM0.42%$3M21.0K
53COPCONOCOPHILLIPSCOM0.41%$3M30.1K
54ABBVABBVIE INCCOM0.40%$3M15.0K
55NOCNORTHROP GRUMMAN CORPCOM0.40%$3M6.1K
56PHPARKER-HANNIFIN CORPCOM0.39%$3M5.0K
57NSCNORFOLK SOUTHN CORPCOM0.39%$3M12.7K
58TMOTHERMO FISHER SCIENTIFIC INCCOM0.38%$3M6.0K
59CVSCVS HEALTH CORPCOM0.38%$3M43.8K
60VZVERIZON COMMUNICATIONS INCCOM0.38%$3M65.0K
61HDHOME DEPOT INCCOM0.38%$3M8.0K
62HONHONEYWELL INTL INCCOM0.37%$3M13.6K
63TMUST-MOBILE US INCCOM0.36%$3M10.7K
64NEENEXTERA ENERGY INCCOM0.36%$3M40.0K
65TAT&T INCCOM0.35%$3M97.7K
66SEICSEI INVTS COCOM0.35%$3M35.4K
67CBCHUBB LIMITEDCOM0.35%$3M9.0K
68BMYBRISTOL-MYERS SQUIBB COCOM0.34%$3M43.9K
69SCHWSCHWAB CHARLES CORPCOM0.34%$3M33.8K
70MUMICRON TECHNOLOGY INCCOM0.33%$3M30.0K
71ROKROCKWELL AUTOMATION INCCOM0.33%$3M10.0K
72SNPSSYNOPSYS INCCOM0.32%$2M5.7K
73LMBLIMBACH HLDGS INCCOM0.32%$2M33.0K
74MCHPMICROCHIP TECHNOLOGY INC.COM0.31%$2M50.0K
75GDGENERAL DYNAMICS CORPCOM0.30%$2M8.5K
76CDNSCADENCE DESIGN SYSTEM INCCOM0.30%$2M9.1K
77UNMUNUM GROUPCOM0.29%$2M28.0K
78USBUS BANCORP DELCOM NEW0.29%$2M53.5K
79CORCENCORA INCCOM0.29%$2M8.0K
80PEPPEPSICO INCCOM0.28%$2M14.8K
81AMGNAMGEN INCCOM0.28%$2M7.0K
82TROWPRICE T ROWE GROUP INCCOM0.27%$2M23.0K
83MTSIMACOM TECH SOLUTIONS HLDGS ICOM0.27%$2M21.0K
84PNCPNC FINL SVCS GROUP INCCOM0.27%$2M11.9K
85WMBWILLIAMS COS INCCOM0.27%$2M35.0K
86CVCOCAVCO INDS INC DELCOM0.27%$2M4.0K
87MPCMARATHON PETE CORPCOM0.26%$2M13.8K
88AFLAFLAC INCCOM0.26%$2M18.0K
89ALLALLSTATE CORPCOM0.26%$2M9.6K
90THCTENET HEALTHCARE CORPCOM NEW0.25%$2M14.7K
91HLHECLA MNG COCOM0.25%$2M345.0K
92AZOAUTOZONE INCCOM0.24%$2M500
93INTCINTEL CORPCOM0.24%$2M83.0K
94EMEEMCOR GROUP INCCOM0.24%$2M5.0K
95ZTSZOETIS INCCL A0.24%$2M11.2K
96JOEST JOE COCOM0.23%$2M39.0K
97AVBAVALONBAY CMNTYS INCCOM0.23%$2M8.4K
98DUKDUKE ENERGY CORP NEWCOM NEW0.23%$2M14.7K
99AVYAVERY DENNISON CORPCOM0.23%$2M10.0K
100HALOHALOZYME THERAPEUTICS INCCOM0.23%$2M27.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$01Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$906M437Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$846M437Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$779M444May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$823M462Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$842M474Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$804M473Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$790M481May 2, 202413F-HRchanges · EDGAR ↗
Q4 2023$727M484Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$658M482Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$693M487Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$648M495Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$618M483Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$584M477Oct 28, 202213F-HRchanges · EDGAR ↗
Q2 2022$614M477Aug 1, 202213F-HRchanges · EDGAR ↗
Q1 2022$740M499May 2, 202213F-HRchanges · EDGAR ↗
Q4 2021$795M503Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$737M504Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$752M516Jul 23, 202113F-HRchanges · EDGAR ↗
Q1 2021$703M514Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$648M504Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$557M492Oct 27, 202013F-HRchanges · EDGAR ↗
Q2 2020$532M500Aug 3, 202013F-HRchanges · EDGAR ↗
Q4 2019$589M533Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$547M533Oct 18, 201913F-HRchanges · EDGAR ↗
Q2 2019$557M544Jul 24, 201913F-HRchanges · EDGAR ↗
Q1 2019$550M538May 1, 201913F-HRchanges · EDGAR ↗
Q4 2018$480M516Jan 24, 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 ↗.