State of New Jersey Common Pension Fund A’s IBM IBM Stock Holding History

State of New Jersey Common Pension Fund A’s Portfolio IBM Stock Details IBM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q1	$106M	Sell	575,300 -606,680	-51%	-$107M	0.5%	43
2013 Q4	$212M	Buy	1,181,980 +67,990	+6%	+$11.7M	0.98%	15
2013 Q3	$197M	Sell	1,113,990 -57,530	-5%	-$10.5M	0.95%	13
2013 Q2	$214M	Buy	+1,171,520	New	+$228M	1.05%	13

Other funds holding IBM

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $39.1B AUM 28.69% 1-Year Est. Return

State of New Jersey Common Pension Fund A's IBM Position: Q1 2014 in Review

State of New Jersey Common Pension Fund A reduced its IBM (IBM) stake by 51% in Q1 2014, selling an estimated $107M and leaving 575,300 shares worth $106M. The position accounts for 0.5% of the portfolio, ranked #43.

State of New Jersey Common Pension Fund A first reported a position in IBM in Q2 2013 and has held it in 4 quarters since. The position peaked at $214M in Q2 2013. 1,731 funds tracked by Wall St. Rank hold IBM as of Q1 2014.

State of New Jersey Common Pension Fund A held 575,300 shares of IBM worth $106M as of Q1 2014.
State of New Jersey Common Pension Fund A sold 606,680 IBM shares in Q1 2014, an estimated $107M.
IBM made up 0.5% of State of New Jersey Common Pension Fund A's portfolio in Q1 2014, its #43 holding.
State of New Jersey Common Pension Fund A first reported a position in IBM in Q2 2013 and has held it in 4 quarters since.
State of New Jersey Common Pension Fund A's IBM position peaked at $214M in Q2 2013.
1,731 funds tracked by Wall St. Rank held IBM as of Q1 2014.

Based on State of New Jersey Common Pension Fund A's 13F filing for Q1 2014, filed 5 May 2014.