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NJBEST

New Jersey Better Educational Savings Trust Portfolio holdings

AUM $62.2M
1-Year Est. Return 2.58%
This Fund
S&P 500
This Quarter Est. Return
+2.71%
1 Year Est. Return
+2.58%
3 Year Est. Return
+41.96%
5 Year Est. Return
+84.34%
10 Year Est. Return
+280.7%
AUM
$50M
AUM Growth
-$2.94M
Cap. Flow
-$5.05M
Cap. Flow %
-10.1%
Top 10 Hldgs %
90.74%
Holding
96
New
2
Increased
–
Reduced
26
Closed
68

Top Buys

Rank Stock Value
1
USIG icon
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
+$35M
2
WBD icon
Warner Bros
WBD
+$81.8K

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$2.42M
2
MSFT icon
Microsoft
MSFT
+$2.29M
3
NVDA icon
NVIDIA
NVDA
+$1.85M
4
AVGO icon
Broadcom
AVGO
+$1.44M
5
AMZN icon
Amazon
AMZN
+$1.25M

Sector Composition

Rank Sector Weight
1 Technology 13.38%
2 Communication Services 4.94%
3 Financials 3.32%
4 Consumer Discretionary 2.71%
5 Healthcare 2.35%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WFC icon
26
Wells Fargo
WFC
$264B
$202K 0.4%
3,398
-4,003
-54% -$236K
GS icon
27
Goldman Sachs
GS
$303B
$201K 0.4%
445
-355
-44% -$156K
WBD icon
28
Warner Bros
WBD
$67.1B
$76K 0.15%
+10,212
New +$81.8K
ABBV icon
29
AbbVie
ABBV
$435B
– –
-2,790
Closed -$508K
ABT icon
30
Abbott
ABT
$187B
– –
-2,085
Closed -$237K
ACN icon
31
Accenture
ACN
$108B
– –
-865
Closed -$300K
ADBE icon
32
Adobe
ADBE
$105B
– –
-540
Closed -$272K
ADP icon
33
Automatic Data Processing
ADP
$108B
– –
-1,109
Closed -$277K
ALB icon
34
Albemarle
ALB
$15.5B
– –
-1,600
Closed -$211K
AMGN icon
35
Amgen
AMGN
$222B
– –
-790
Closed -$225K
AMT icon
36
American Tower
AMT
$80.4B
– –
-1,267
Closed -$250K
AZN icon
37
AstraZeneca
AZN
$250B
– –
-1,550
Closed -$210K
BA icon
38
Boeing
BA
$185B
– –
-1,100
Closed -$212K
BKNG icon
39
Booking.com
BKNG
$161B
– –
-2,500
Closed -$363K
BMY icon
40
Bristol-Myers Squibb
BMY
$132B
– –
-5,074
Closed -$275K
C icon
41
Citigroup
C
$226B
– –
-3,211
Closed -$203K
CB icon
42
Chubb
CB
$135B
– –
-1,100
Closed -$285K
CEG icon
43
Constellation Energy
CEG
$96.4B
– –
-1,199
Closed -$222K
CI icon
44
Cigna
CI
$74.6B
– –
-591
Closed -$215K
COP icon
45
ConocoPhillips
COP
$141B
– –
-4,300
Closed -$547K
COR icon
46
Cencora
COR
$61.2B
– –
-1,220
Closed -$296K
CRM icon
47
Salesforce
CRM
$158B
– –
-1,656
Closed -$499K
CSCO icon
48
Cisco
CSCO
$479B
– –
-8,160
Closed -$407K
CVS icon
49
CVS Health
CVS
$122B
– –
-2,700
Closed -$215K
CVX icon
50
Chevron
CVX
$366B
– –
-3,861
Closed -$609K
1
2
3 4

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New Jersey Better Educational Savings Trust's Q2 2024 Portfolio in Review

As of Q2 2024, New Jersey Better Educational Savings Trust held 96 positions worth $50M, down 5.6% from $52.9M the previous quarter. Its ten largest holdings account for 91% of the portfolio.

New Jersey Better Educational Savings Trust withdrew a net $5.05M in Q2 2024, closing 68 positions and reducing 26 holdings. Its most notable exit was Mastercard, an estimated $679K position sold in full.

By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 31% a quarter earlier, followed by Communication Services and Financials.

Against the trend, New Jersey Better Educational Savings Trust opened a new position in iShares Broad USD Investment Grade Corporate Bond ETF worth $35.1M.

  • New Jersey Better Educational Savings Trust's largest Q2 2024 buy was iShares Broad USD Investment Grade Corporate Bond ETF: 698,945 shares worth $35.1M.
  • New Jersey Better Educational Savings Trust's biggest Q2 2024 reduction was Apple, cutting an estimated $2.42M.
  • New Jersey Better Educational Savings Trust fully exited Mastercard in Q2 2024, selling an estimated $679K.
  • New Jersey Better Educational Savings Trust's ten largest holdings make up 91% of its $50M portfolio in Q2 2024.
  • New Jersey Better Educational Savings Trust opened 2 new positions and closed 68 in Q2 2024.
  • New Jersey Better Educational Savings Trust's portfolio value fell 5.6% quarter-over-quarter to $50M.

Based on New Jersey Better Educational Savings Trust's 13F filing for Q2 2024, filed 6 Aug 2024.