# NEW MEXICO EDUCATIONAL RETIREMENT BOARD

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 862469. Source: https://holderbook.com/funds/862469-new-mexico-educational-retirement-board/

- Reported value: $4.0B
- Positions: 908
- Weight of the ten largest: 29.6%
- Filed: 2026-07-29

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $241.2M | 1,205,486 | 6.1% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $211.4M | 730,545 | 5.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $146.3M | 392,261 | 3.7% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $116.0M | 486,696 | 2.9% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $105.0M | 293,820 | 2.6% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $88.9M | 235,416 | 2.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $83.4M | 235,980 | 2.1% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $64.6M | 55,975 | 1.6% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $61.3M | 108,850 | 1.5% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $58.8M | 139,900 | 1.5% | 23 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $47.3M | 39,408 | 1.2% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $47.1M | 81,150 | 1.2% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $46.3M | 92,557 | 1.2% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $43.9M | 134,050 | 1.1% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $32.6M | 233,470 | 0.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $30.4M | 119,885 | 0.8% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $28.7M | 83,634 | 0.7% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $28.5M | 39,486 | 0.7% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $28.4M | 207,853 | 0.7% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $26.9M | 62,130 | 0.7% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $24.7M | 218,079 | 0.6% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $24.6M | 23,102 | 0.6% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $23.1M | 196,574 | 0.6% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $22.1M | 87,955 | 0.6% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $20.9M | 40,610 | 0.5% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $20.6M | 22,065 | 0.5% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $19.6M | 64,800 | 0.5% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $19.5M | 52,077 | 0.5% | 20 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $18.8M | 330,054 | 0.5% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $18.7M | 45,020 | 0.5% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $17.5M | 49,492 | 0.4% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $16.9M | 115,568 | 0.4% | 31 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $16.8M | 7,400 | 0.4% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $15.9M | 123,486 | 0.4% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $15.8M | 13,419 | 0.4% | 9 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $15.7M | 192,620 | 0.4% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $15.5M | 93,392 | 0.4% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $15.2M | 14,989 | 0.4% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $15.0M | 210,110 | 0.4% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $14.0M | 77,411 | 0.4% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $13.7M | 40,200 | 0.3% | 13 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $13.5M | 45,254 | 0.3% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $13.3M | 113,700 | 0.3% | 8 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $13.1M | 46,447 | 0.3% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $13.0M | 43,600 | 0.3% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $12.7M | 153,916 | 0.3% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $12.7M | 66,776 | 0.3% | 26 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $12.5M | 59,810 | 0.3% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $12.4M | 84,390 | 0.3% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $12.2M | 86,826 | 0.3% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $12.1M | 23,336 | 0.3% | 14 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $10.8M | 61,160 | 0.3% | 31 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $10.7M | 16,814 | 0.3% | 31 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $10.5M | 10,850 | 0.3% | 21 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $9.9M | 38,906 | 0.2% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $9.8M | 53,057 | 0.2% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $9.7M | 26,795 | 0.2% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $9.7M | 24,386 | 0.2% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $9.6M | 12,600 | 0.2% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $9.6M | 35,419 | 0.2% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $9.4M | 18,662 | 0.2% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $9.2M | 68,085 | 0.2% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $9.1M | 103,632 | 0.2% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $9.0M | 26,663 | 0.2% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $8.9M | 209,871 | 0.2% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $8.7M | 51,300 | 0.2% | 7 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $8.5M | 88,155 | 0.2% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $8.5M | 39,095 | 0.2% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $8.4M | 55,280 | 0.2% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $8.2M | 19,260 | 0.2% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $8.0M | 29,588 | 0.2% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $8.0M | 12,602 | 0.2% | 31 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $7.9M | 34,748 | 0.2% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.8M | 86,402 | 0.2% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $7.8M | 61,726 | 0.2% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $7.7M | 83,087 | 0.2% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $7.4M | 102,400 | 0.2% | 11 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $7.3M | 46,686 | 0.2% | 31 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $7.2M | 348,162 | 0.2% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $7.1M | 39,900 | 0.2% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $7.0M | 17,642 | 0.2% | 31 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $7.0M | 13,500 | 0.2% | 4 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $6.9M | 7,189 | 0.2% | 7 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $6.8M | 282,800 | 0.2% | 31 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $6.6M | 63,377 | 0.2% | 31 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $6.5M | 31,400 | 0.2% | 4 |
| CARPENTER TECHNOLOGY CORP | [CRS](https://holderbook.com/stocks/CRS/) | $6.5M | 10,500 | 0.2% | 7 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $6.4M | 14,800 | 0.2% | 8 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $6.4M | 19,000 | 0.2% | 1 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $6.4M | 29,075 | 0.2% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $6.3M | 60,898 | 0.2% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $6.3M | 12,700 | 0.2% | 31 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $6.3M | 46,327 | 0.2% | 31 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $6.3M | 14,100 | 0.2% | 31 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $6.2M | 31,052 | 0.2% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $6.2M | 15,286 | 0.2% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $6.2M | 6,310 | 0.2% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $6.1M | 27,877 | 0.2% | 31 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $6.1M | 18,037 | 0.2% | 31 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $6.0M | 83,495 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.6% | +14.8% | -0.2% | 100% |
| Q1 2026 | -3.2% | -4.6% | +1.4% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.2% | 100% |
| Q3 2025 | +7.3% | +7.8% | -0.5% | 100% |
| Q2 2025 | +9.7% | +10.5% | -0.8% | 100% |
| Q1 2025 | -5.0% | -4.6% | -0.4% | 100% |
| Q4 2024 | +1.4% | +2.1% | -0.7% | 100% |
| Q3 2024 | +5.8% | +5.4% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $4.0B | 908 |
| Q1 2026 | $3.3B | 905 |
| Q4 2025 | $3.4B | 905 |
| Q3 2025 | $3.2B | 904 |
| Q2 2025 | $3.1B | 906 |
| Q1 2025 | $2.8B | 905 |
| Q4 2024 | $3.0B | 905 |
| Q3 2024 | $3.0B | 906 |
| Q2 2024 | $2.9B | 906 |
| Q1 2024 | $2.8B | 905 |
| Q4 2023 | $2.6B | 905 |
| Q3 2023 | $2.3B | 905 |