New Mexico Educational Retirement Board Portfolio holdings
The New Mexico Educational Retirement Board provides pensions for employees of the state's public schools and colleges, along with some state agency staff in educational programs. The system traces back to 1925, when the Legislature passed the state's first pension plan for public servants, which at first covered only university faculty. The board held its first meeting in March 1941 and was established by law in 1945. It pays its own operating costs from investment returns rather than state general fund money.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$20.4M |
| 2 |
NVIDIA
NVDA
|
+$18.4M |
| 3 |
Apple
AAPL
|
+$14.4M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$9.8M |
| 5 |
Amazon
AMZN
|
+$9.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lumentum
LITE
|
+$10.1M |
| 2 |
Coherent
COHR
|
+$8.05M |
| 3 |
Flex
FLEX
|
+$7.18M |
| 4 |
Casey's General Stores
CASY
|
+$4.7M |
| 5 |
Honeywell
HON
|
+$2.94M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.53% |
| 2 | Financials | 12.07% |
| 3 | Industrials | 11.66% |
| 4 | Consumer Discretionary | 9.73% |
| 5 | Healthcare | 8.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
NVIDIA
NVDA
$4.94T
| $241M | 6.06% |
1,205,486
+89,406
| +8% | +$18.4M |
2014 Q1
49 quarters
|
|
|
2
Apple
AAPL
$5.03T
| $211M | 5.31% |
730,545
+50,181
| +7% | +$14.4M |
2013 Q2
52 quarters
|
|
|
3
Microsoft
MSFT
$3.88T
| $146M | 3.68% |
392,261
+50,314
| +15% | +$20.4M |
2014 Q1
49 quarters
|
|
|
4
Amazon
AMZN
$2.6T
| $116M | 2.91% |
486,696
+38,796
| +9% | +$9.7M |
2014 Q1
49 quarters
|
|
|
5
Alphabet (Google) Class A
GOOGL
$3.44T
| $105M | 2.64% |
293,820
+27,200
| +10% | +$9.8M |
2015 Q3
43 quarters
|
|
6
Broadcom
AVGO
$1.56T
| $88.9M | 2.23% |
235,416
+18,856
| +9% | +$7.56M |
2014 Q2
48 quarters
|
|
7
Alphabet (Google) Class C
GOOG
$3.42T
| $83.4M | 2.09% |
235,980
+24,300
| +11% | +$8.68M |
2014 Q1
49 quarters
|
|
8
Micron Technology
MU
$1T
| $64.6M | 1.62% |
55,975
+3,100
| +6% | +$2.32M |
2014 Q1
49 quarters
|
|
9
Meta Platforms (Facebook)
META
$1.6T
| $61.3M | 1.54% |
108,850
+8,800
| +9% | +$5.38M |
2014 Q1
49 quarters
|
|
10
Tesla
TSLA
$1.58T
| $58.8M | 1.48% |
139,900
+11,100
| +9% | +$4.41M |
2020 Q4
22 quarters
|
|
11
Eli Lilly
LLY
$1.26T
| $47.3M | 1.19% |
39,408
+3,000
| +8% | +$3.07M |
2014 Q1
49 quarters
|
|
12
Advanced Micro Devices
AMD
$824B
| $47.1M | 1.18% |
81,150
+7,800
| +11% | +$3.2M |
2017 Q1
37 quarters
|
|
13
Berkshire Hathaway Class B
BRK.B
$1.16T
| $46.3M | 1.16% |
92,557
+8,100
| +10% | +$3.89M |
2014 Q1
49 quarters
|
|
14
JPMorgan Chase
JPM
$895B
| $43.9M | 1.1% |
134,050
+7,400
| +6% | +$2.3M |
2013 Q2
52 quarters
|
|
15
Intel
INTC
$350B
| $32.6M | 0.82% |
233,470
+33,100
| +17% | +$3.35M |
2013 Q2
52 quarters
|
|
16
Johnson & Johnson
JNJ
$658B
| $30.4M | 0.77% |
119,885
+8,200
| +7% | +$1.91M |
2014 Q1
49 quarters
|
|
17
Visa
V
$773B
| $28.7M | 0.72% |
83,634
+5,000
| +6% | +$1.61M |
2014 Q1
49 quarters
|
|
18
Applied Materials
AMAT
$310B
| $28.5M | 0.72% |
39,486
+3,600
| +10% | +$1.66M |
2014 Q1
49 quarters
|
|
19
ExxonMobil
XOM
$764B
| $28.4M | 0.71% |
207,853
+10,200
| +5% | +$1.53M |
2014 Q1
49 quarters
|
|
20
Lam Research
LRCX
$299B
| $26.9M | 0.68% |
62,130
+4,300
| +7% | +$1.31M |
2014 Q1
49 quarters
|
|
21
Walmart Inc
WMT
$980B
| $24.7M | 0.62% |
218,079
+16,600
| +8% | +$2.06M |
2014 Q1
49 quarters
|
|
22
Caterpillar
CAT
$286B
| $24.6M | 0.62% |
23,102
+1,200
| +5% | +$1.05M |
2014 Q1
49 quarters
|
|
23
Cisco
CSCO
$412B
| $23.1M | 0.58% |
196,574
+15,600
| +9% | +$1.63M |
2014 Q1
49 quarters
|
|
24
AbbVie
ABBV
$521B
| $22.1M | 0.56% |
87,955
+6,700
| +8% | +$1.44M |
2014 Q1
49 quarters
|
|
25
Mastercard
MA
$556B
| $20.9M | 0.52% |
40,610
+2,700
| +7% | +$1.35M |
2014 Q1
49 quarters
|
|
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New Mexico Educational Retirement Board's Q2 2026 Portfolio in Review
As of Q2 2026, New Mexico Educational Retirement Board held 927 positions worth $3.98B, up 22% from $3.25B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
New Mexico Educational Retirement Board deployed $241M of net new capital in Q2 2026, opening 20 new positions and adding to 492 existing holdings. Its largest new stake was Marvell Technology: 43,600 shares worth $13M.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 30% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Lumentum, an estimated $10.1M trimmed.
- New Mexico Educational Retirement Board's largest Q2 2026 buy was Marvell Technology: 43,600 shares worth $13M.
- New Mexico Educational Retirement Board added most to Microsoft in Q2 2026, an estimated $20.4M increase.
- New Mexico Educational Retirement Board's biggest Q2 2026 reduction was Lumentum, cutting an estimated $10.1M.
- New Mexico Educational Retirement Board fully exited Masimo in Q2 2026, selling an estimated $1.76M.
- New Mexico Educational Retirement Board's ten largest holdings make up 30% of its $3.98B portfolio in Q2 2026.
- New Mexico Educational Retirement Board opened 20 new positions and closed 19 in Q2 2026.
- New Mexico Educational Retirement Board's portfolio value rose 22% quarter-over-quarter to $3.98B.
Based on New Mexico Educational Retirement Board's 13F filing for Q2 2026, filed 29 Jul 2026.