State of New Jersey Common Pension Fund D’s Hess HES Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-96,230	Closed	-$13.3M	–	1489
2025 Q2	$13.3M	Buy	96,230 +5,010	+5%	+$676K	0.05%	292
2025 Q1	$14.6M	Sell	91,220 -10,683	-10%	-$1.57M	0.07%	260
2024 Q4	$13.6M	Sell	101,903 -629	-0.6%	-$87.8K	0.05%	296
2024 Q3	$13.9M	Hold	102,532	–	–	0.06%	291
2024 Q2	$15.1M	Sell	102,532 -56,355	-35%	-$8.64M	0.07%	246
2024 Q1	$24.3M	Hold	158,887	–	–	0.07%	253
2023 Q4	$22.9M	Hold	158,887	–	–	0.08%	234
2023 Q3	$24.3M	Sell	158,887 -5,416	-3%	-$816K	0.09%	208
2023 Q2	$22.3M	Hold	164,303	–	–	0.08%	247
2023 Q1	$21.7M	Buy	164,303 +884	+0.5%	+$123K	0.08%	253
2022 Q4	$23.2M	Sell	163,419 -997	-0.6%	-$137K	0.09%	222
2022 Q3	$17.9M	Buy	164,416 +3,446	+2%	+$382K	0.07%	264
2022 Q2	$17.1M	Hold	160,970	–	–	0.06%	280
2022 Q1	$17.2M	Buy	160,970 +2,639	+2%	+$250K	0.05%	329
2021 Q4	$11.7M	Sell	158,331 -3,432	-2%	-$278K	0.03%	456
2021 Q3	$12.6M	Sell	161,763 -2,094	-1%	-$154K	0.04%	417
2021 Q2	$14.3M	Sell	163,857 -2,080	-1%	-$168K	0.05%	372
2021 Q1	$11.7M	Sell	165,937 -8,675	-5%	-$555K	0.04%	419
2020 Q4	$9.22M	Sell	174,612 -8,053	-4%	-$366K	0.03%	487
2020 Q3	$7.48M	Sell	182,665 -8,342	-4%	-$396K	0.03%	508
2020 Q2	$9.9M	Sell	191,007 -11,022	-5%	-$505K	0.04%	402
2020 Q1	$6.73M	Hold	202,029	–	–	0.03%	477
2019 Q4	$13.5M	Sell	202,029 -7,571	-4%	-$495K	0.05%	362
2019 Q3	$12.7M	Buy	209,600 +109,600	+110%	+$6.83M	0.05%	380
2019 Q2	$6.36M	Sell	100,000 -11,900	-11%	-$736K	0.02%	532
2019 Q1	$6.74M	Hold	111,900	–	–	0.03%	515
2018 Q4	$4.53M	Hold	111,900	–	–	0.02%	565
2018 Q3	$8.01M	Hold	111,900	–	–	0.03%	482
2018 Q2	$7.49M	Hold	111,900	–	–	0.03%	492
2018 Q1	$5.66M	Sell	111,900 -43,100	-28%	-$2.11M	0.02%	564
2017 Q4	$7.36M	Hold	155,000	–	–	0.03%	486
2017 Q3	$7.27M	Hold	155,000	–	–	0.03%	488
2017 Q2	$6.8M	Sell	155,000 -115,000	-43%	-$5.37M	0.03%	485
2017 Q1	$13M	Sell	270,000 -50,000	-16%	-$2.65M	0.05%	350
2016 Q4	$19.9M	Sell	320,000 -20,000	-6%	-$1.09M	0.09%	260
2016 Q3	$18.2M	Buy	340,000 +130,000	+62%	+$6.97M	0.08%	276
2016 Q2	$12.6M	Hold	210,000	–	–	0.06%	330
2016 Q1	$11.1M	Hold	210,000	–	–	0.05%	359
2015 Q4	$10.2M	Buy	210,000 +50,000	+31%	+$2.84M	0.04%	399
2015 Q3	$8.01M	Hold	160,000	–	–	0.03%	455
2015 Q2	$10.7M	Hold	160,000	–	–	0.04%	411
2015 Q1	$10.9M	Sell	160,000 -40,000	-20%	-$2.85M	0.04%	418
2014 Q4	$14.8M	Hold	200,000	–	–	0.06%	349
2014 Q3	$18.9M	Hold	200,000	–	–	0.07%	293
2014 Q2	$19.8M	Buy	+200,000	New	+$18M	0.08%	288

Other funds holding HES

DekaBank Deutsche Girozentrale Frankfurt, Germany $59.2B AUM 26.02% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

BIG

Brooklyn Investment Group Brooklyn, New York $3.2B AUM 26.32% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

HNB

Huntington National Bank Columbus, Ohio $18.1B AUM 24.69% 1-Year Est. Return

SignatureFD Atlanta, Georgia $7.49B AUM 24.82% 1-Year Est. Return

State of New Jersey Common Pension Fund D's HES Position: Q3 2025 in Review

State of New Jersey Common Pension Fund D sold out of Hess (HES) in Q3 2025, closing a stake of 96,230 shares — an estimated $13.3M sold.

State of New Jersey Common Pension Fund D first reported a position in HES in Q2 2014 and held it in 45 quarters. The position peaked at $24.3M in Q3 2023. 7 funds tracked by Wall St. Rank hold HES as of Q3 2025.

State of New Jersey Common Pension Fund D reported no remaining Hess position as of Q3 2025 after selling out during the quarter.
State of New Jersey Common Pension Fund D sold 96,230 Hess shares in Q3 2025, an estimated $13.3M.
State of New Jersey Common Pension Fund D first reported a position in Hess in Q2 2014 and held it in 45 quarters.
State of New Jersey Common Pension Fund D's Hess position peaked at $24.3M in Q3 2023.
7 funds tracked by Wall St. Rank held Hess as of Q3 2025.

Based on State of New Jersey Common Pension Fund D's 13F filing for Q3 2025, filed 7 Nov 2025.