New Jersey Better Educational Savings Trust Portfolio Concentration Analysis
A detailed look at the portfolio concentration of New Jersey Better Educational Savings Trust, highlighting its top holdings and sector allocation.
New Jersey Better Educational Savings Trust, a prominent educational savings institution in the state, has recently released data outlining its investment strategy. As of June 30th, 2026, this trust's portfolio is dominated by four distinct positions, each holding significant weight.
The largest allocation within the $62.15 million portfolio belongs to ISHARES TR (USIG), representing 41.9% of the total value, equivalent to approximately 507,693 shares. This is followed closely by Vanguard Total Bond Market Index Fund ETF Shares (BND), which accounts for another substantial portion at VANGUARD BD INDEX FDS (BND) with a 41.88% allocation and similar share count of around 354,594 shares.
The third major holding is SPDR Series Trust (SPLG) at SPDR SERIES TRUST (SPLG), making up 8.12% of the portfolio with about 57,427 shares. The fourth and final significant position is ISHARES TR (IVV) at ISHARES TR (IVV), also contributing 8.1% through roughly 6,724 shares.
Notably, all four of these top holdings show no change in their share counts or percentage allocations compared to the previous period, indicating a stable core portfolio for this investor at New Jersey Better Educational Savings Trust.
Turning to sector allocation, the data provided indicates that all holdings are categorized under "Unknown". This suggests a lack of detailed sector breakdown information or potentially that these specific funds and ETFs hold such broad diversification across sectors that they cannot be easily classified here.
The portfolio's structure is characterized by significant concentration in its largest positions, with the top two holdings alone accounting for nearly 84% (41.9% + 41.88%) of the total value. This level of concentration means that a substantial portion of the trust's assets are tied up in these two specific investment vehicles.
Furthermore, the portfolio is heavily reliant on just four holdings overall, as evidenced by the holding_count being 4 and the top5_weight_pct being 100.0%. This indicates that there might be other smaller positions present, but they collectively do not reach the threshold for classification in this data snapshot.