NSEDCP

NJ State Employees Deferred Compensation Plan Portfolio holdings

AUM $846M

1-Year Return 19.82%

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Return

-13.41%

1 Year Return

+19.82%

3 Year Return

+98.28%

5 Year Return

+197.72%

10 Year Return

+449.68%

AUM

$614M

AUM Growth

-$126M (-17%)

Cap. Flow

-$12.2M

Cap. Flow % of AUM

-1.99%

Top 10 Holdings % Top 10 Hldgs %

24.3%

Holding

501

New

Increased

–

Reduced

Closed

Top Buys

1	Warner Bros WBD	$451K
2	Raymond James Financial RJF	$358K

Top Sells

1	TVTY Tivity Health, Inc. Common Stock TVTY	$965K
2	Microsoft MSFT	$745K
3	American Express AXP	$693K
4	AT&T T	$664K
5	RTX Corp RTX	$625K

Sector Composition

1	Technology	24.65%
2	Healthcare	14.25%
3	Financials	12.95%
4	Industrials	11.97%
5	Consumer Discretionary	8.23%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
476	AUD 476 DELISTED Audacy, Inc. AUD	$15K	﹤0.01%	16,000	–	–
477	LCI 477 DELISTED Lannett Company, Inc. LCI	$6K	﹤0.01%	2,500	–	–
478	478 Arrow Electronics ARW $6.53B	–	–	-1,750	Closed	-$208K
479	479 Auburn National Bancorp AUBN $93.9M	–	–	-7,000	Closed	-$231K
480	480 CPI Aerostructures CVU $31M	–	–	-68,000	Closed	-$201K
481	481 Caesars Entertainment CZR $5.36B	–	–	-3,000	Closed	-$232K
482	482 Elanco Animal Health ELAN $8.68B	–	–	-9,204	Closed	-$240K
483	FARO 483 DELISTED Faro Technologies FARO	–	–	-4,000	Closed	-$208K
484	484 FormFactor FORM $2.23B	–	–	-5,000	Closed	-$210K
485	485 HCA Healthcare HCA $96.3B	–	–	-1,000	Closed	-$251K
486	486 Ingersoll Rand IR $31.5B	–	–	-4,412	Closed	-$222K
487	487 KBR KBR $6.31B	–	–	-4,000	Closed	-$219K
488	488 Kennametal KMT $1.66B	–	–	-7,000	Closed	-$200K
489	LAND 489 Gladstone Land Corp LAND $327M	–	–	-8,600	Closed	-$313K
490	490 LiveRamp RAMP $1.82B	–	–	-7,000	Closed	-$262K
491	491 Rexford Industrial Realty REXR $9.96B	–	–	-3,000	Closed	-$224K
492	492 Sphere Entertainment SPHR $1.74B	–	–	-3,268	Closed	-$272K
493	493 Southwest Gas SWX $5.69B	–	–	-5,000	Closed	-$391K
494	494 Teladoc Health TDOC $1.35B	–	–	-3,600	Closed	-$260K
495	495 Viasat VSAT $4.04B	–	–	-5,000	Closed	-$244K
496	X 496 DELISTED US Steel X	–	–	-8,000	Closed	-$302K
497	497 United Parks & Resorts PRKS $2.99B	–	–	-3,000	Closed	-$223K
498	KAMN 498 DELISTED Kaman Corp KAMN	–	–	-6,000	Closed	-$261K
499	TVTY 499 DELISTED Tivity Health, Inc. Common Stock TVTY	–	–	-30,000	Closed	-$965K
500	TSC 500 DELISTED TriState Capital Holdings, Inc. TSC	–	–	-16,000	Closed	-$532K