Latest NEW MEXICO EDUCATIONAL RETIREMENT BOARD Stock Portfolio
NEW MEXICO EDUCATIONAL RETIREMENT BOARD Performance:
2024 Q3: 4.28%YTD: 16.75%2023: 21.49%
Performance for 2024 Q3 is 4.28%, and YTD is 16.75%, and 2023 is 21.49%.
About NEW MEXICO EDUCATIONAL RETIREMENT BOARD and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, NEW MEXICO EDUCATIONAL RETIREMENT BOARD reported an equity portfolio of $3 Billions as of 30 Sep, 2024.
The top stock holdings of NEW MEXICO EDUCATIONAL RETIREMENT BOARD are AAPL, MSFT, NVDA. The fund has invested 5.5% of it's portfolio in APPLE INC and 5.3% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off TE CONNECTIVITY LTD (TEL), EQUITRANS MIDSTREAM CORP (ETRN) and WESTROCK CO (WRK) stocks. They significantly reduced their stock positions in ERIE INDEMNITY COMPANY CL A (ERIE), GENERAL MOTORS CO (GM) and INCYTE CORP (INCY). NEW MEXICO EDUCATIONAL RETIREMENT BOARD opened new stock positions in AVANTOR INC (AVTR), PALANTIR TECHNOLOGIES INC A (PLTR) and TE CONNECTIVITY PLC. The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), TETRA TECH INC (TTEK) and AMERICAN AIRLINES GROUP INC (AAL).
The top stock holdings of NEW MEXICO EDUCATIONAL RETIREMENT BOARD are AAPL, MSFT, NVDA. The fund has invested 5.5% of it's portfolio in APPLE INC and 5.3% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off TE CONNECTIVITY LTD (TEL), EQUITRANS MIDSTREAM CORP (ETRN) and WESTROCK CO (WRK) stocks. They significantly reduced their stock positions in ERIE INDEMNITY COMPANY CL A (ERIE), GENERAL MOTORS CO (GM) and INCYTE CORP (INCY). NEW MEXICO EDUCATIONAL RETIREMENT BOARD opened new stock positions in AVANTOR INC (AVTR), PALANTIR TECHNOLOGIES INC A (PLTR) and TE CONNECTIVITY PLC. The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), TETRA TECH INC (TTEK) and AMERICAN AIRLINES GROUP INC (AAL).
NEW MEXICO EDUCATIONAL RETIREMENT BOARD Annual Return Estimates Vs S&P 500
Our best estimate is that NEW MEXICO EDUCATIONAL RETIREMENT BOARD made a return of 4.28% in the last quarter. In trailing 12 months, it's portfolio return was 28.42%.
New Buys
| Ticker | $ Bought |
|---|---|
| avantor inc | 3,668,000 |
| palantir technologies inc a | 3,642,000 |
| te connectivity plc | 2,257,000 |
| cnh industrial nv | 1,974,000 |
| western alliance bancorp | 1,911,000 |
| fabrinet | 1,726,000 |
| dell technologies c | 1,660,000 |
| abercrombie fitch co cl a | 1,469,000 |
New stocks bought by NEW MEXICO EDUCATIONAL RETIREMENT BOARD
Additions
| Ticker | % Inc. |
|---|---|
| tetra tech inc | 400 |
| american airlines group inc | 304 |
| cintas corp | 281 |
| williams sonoma inc | 100 |
| alcoa corp | 41.44 |
| nasdaq inc | 18.04 |
| rexford industrial realty in | 9.25 |
| kenvue inc | 7.95 |
Additions to existing portfolio by NEW MEXICO EDUCATIONAL RETIREMENT BOARD
Reductions
| Ticker | % Reduced |
|---|---|
| general motors co | -19.13 |
| rtx corp | -10.35 |
| archer daniels midland co | -10.05 |
| marathon petroleum corp | -9.93 |
| fidelity national info serv | -8.72 |
| american international group | -8.47 |
| caterpillar inc | -7.00 |
| cummins inc | -6.99 |
NEW MEXICO EDUCATIONAL RETIREMENT BOARD reduced stake in above stock
Sold off
Sector Distribution
NEW MEXICO EDUCATIONAL RETIREMENT BOARD has about 27.8% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 27.8 |
| Financial Services | 11.7 |
| Consumer Cyclical | 11.1 |
| Healthcare | 11 |
| Industrials | 10.5 |
| Communication Services | 7.1 |
| Consumer Defensive | 5.5 |
| Energy | 3.6 |
| Real Estate | 3.5 |
| Others | 2.9 |
| Basic Materials | 2.7 |
| Utilities | 2.5 |
Market Cap. Distribution
NEW MEXICO EDUCATIONAL RETIREMENT BOARD has about 83.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 43 |
| MEGA-CAP | 40.8 |
| MID-CAP | 13.3 |
| UNALLOCATED | 3 |
Stocks belong to which Index?
About 80.9% of the stocks held by NEW MEXICO EDUCATIONAL RETIREMENT BOARD either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 77.1 |
| Others | 19.1 |
| RUSSELL 2000 | 3.8 |
NEW MEXICO EDUCATIONAL RETIREMENT BOARD Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of NEW MEXICO EDUCATIONAL RETIREMENT BOARD
NEW MEXICO EDUCATIONAL RETIREMENT BOARD has 906 stocks in it's portfolio. About 27.4% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for NEW MEXICO EDUCATIONAL RETIREMENT BOARD last quarter.
Last Reported on: 13 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.07 | 14,293 | 2,122,000 | reduced | -2.72 | ||
| AA | alcoa corp | 0.07 | 51,200 | 1,975,000 | added | 41.44 | ||
| AAL | american airlines group inc | 0.05 | 133,000 | 1,495,000 | added | 304 | ||
| AAON | aaon inc | 0.05 | 14,200 | 1,531,000 | unchanged | 0.00 | ||
| AAPL | apple inc | 5.54 | 704,864 | 164,233,000 | reduced | -3.03 | ||
| ABBV | abbvie inc | 0.58 | 86,355 | 17,053,000 | reduced | -2.92 | ||
| ABC | cencora inc | 0.06 | 8,091 | 1,821,000 | reduced | -3.58 | ||
| ABNB | airbnb inc class a | 0.09 | 21,600 | 2,739,000 | reduced | -1.37 | ||
| ABT | abbott laboratories | 0.33 | 85,102 | 9,702,000 | reduced | -2.63 | ||
| ACGL | arch capital group ltd | 0.07 | 18,300 | 2,047,000 | reduced | -2.66 | ||
| ACM | aecom | 0.10 | 28,413 | 2,934,000 | unchanged | 0.00 | ||
| ACN | accenture plc cl a | 0.37 | 30,750 | 10,870,000 | reduced | -2.84 | ||
| ADBE | adobe inc | 0.38 | 21,918 | 11,349,000 | reduced | -4.36 | ||
| ADC | agree realty corp | 0.05 | 20,700 | 1,559,000 | unchanged | 0.00 | ||
| ADI | analog devices inc | 0.19 | 24,286 | 5,590,000 | reduced | -3.19 | ||
| ADM | archer daniels midland co | 0.05 | 24,153 | 1,443,000 | reduced | -10.05 | ||
| ADP | automatic data processing | 0.19 | 20,043 | 5,546,000 | reduced | -3.37 | ||
| ADSK | autodesk inc | 0.10 | 10,507 | 2,894,000 | reduced | -2.78 | ||
| AEP | american electric power | 0.09 | 25,738 | 2,641,000 | reduced | -3.01 | ||
| AFG | american financial group inc | 0.06 | 14,300 | 1,925,000 | unchanged | 0.00 | ||