State of New Jersey Common Pension Fund D’s Baldwin Insurance Group BWIN Stock Holding History

State of New Jersey Common Pension Fund D’s Portfolio BWIN Stock Details BWIN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-62,359	Closed	-$1.76M	–	1546
2025 Q3	$1.76M	Buy	62,359 +12,925	+26%	+$449K	0.01%	1411
2025 Q2	$2.12M	Buy	49,434 +210	+0.4%	+$8.52K	0.01%	937
2025 Q1	$2.2M	Buy	49,224 +1,753	+4%	+$71.4K	0.01%	852
2024 Q4	$1.84M	Buy	47,471 +3,066	+7%	+$143K	0.01%	1425
2024 Q3	$2.21M	Sell	44,405 -9,039	-17%	-$393K	0.01%	973
2024 Q2	$1.9M	Sell	53,444 -52,126	-49%	-$1.61M	0.01%	1152
2024 Q1	$3.06M	Sell	105,570 -35,575	-25%	-$935K	0.01%	1066
2023 Q4	$3.39M	Buy	141,145 +46,545	+49%	+$989K	0.01%	856
2023 Q3	$2.2M	Buy	+94,600	New	+$2.37M	0.01%	1439
2023 Q2	–	Sell	-79,148	Closed	-$2.02M	–	1731
2023 Q1	$2.02M	Hold	79,148	–	–	0.01%	1468
2022 Q4	$1.99M	Buy	79,148 +5,757	+8%	+$159K	0.01%	1546
2022 Q3	$1.93M	Sell	73,391 -23,649	-24%	-$674K	0.01%	1458
2022 Q2	$2.34M	Buy	+97,040	New	+$2.36M	0.01%	1118
2022 Q1	–	Sell	-72,612	Closed	-$2.62M	–	1790
2021 Q4	$2.62M	Buy	+72,612	New	+$2.68M	0.01%	1499

Other funds holding BWIN

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

William Blair Investment Management Chicago, Illinois $30.3B AUM 33.75% 1-Year Est. Return

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

CIP

Champlain Investment Partners Burlington, Vermont $7.88B AUM 6.82% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return

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

WHG

Westwood Holdings Group Dallas, Texas $13.7B AUM 21.48% 1-Year Est. Return

State of New Jersey Common Pension Fund D's BWIN Position: Q4 2025 in Review

State of New Jersey Common Pension Fund D sold out of Baldwin Insurance Group (BWIN) in Q4 2025, closing a stake of 62,359 shares — an estimated $1.76M sold.

State of New Jersey Common Pension Fund D first reported a position in BWIN in Q4 2021 and held it in 14 quarters. The position peaked at $3.39M in Q4 2023. 205 funds tracked by Wall St. Rank hold BWIN as of Q4 2025.

State of New Jersey Common Pension Fund D reported no remaining Baldwin Insurance Group position as of Q4 2025 after selling out during the quarter.
State of New Jersey Common Pension Fund D sold 62,359 Baldwin Insurance Group shares in Q4 2025, an estimated $1.76M.
State of New Jersey Common Pension Fund D first reported a position in Baldwin Insurance Group in Q4 2021 and held it in 14 quarters.
State of New Jersey Common Pension Fund D's Baldwin Insurance Group position peaked at $3.39M in Q4 2023.
205 funds tracked by Wall St. Rank held Baldwin Insurance Group as of Q4 2025.

Based on State of New Jersey Common Pension Fund D's 13F filing for Q4 2025, filed 30 Jan 2026.