New Mexico Educational Retirement Board Increases Portfolio Exposure in Q2 2026

The New Mexico Educational Retirement Board (NMERB) saw notable shifts in its portfolio holdings during the second quarter of 2026, as reflected in this filing dated June 30th.

Prominent Purchases: NMERB significantly boosted its positions in several large-cap technology companies. The largest increase was observed in KLAC, acquiring shares that represented a staggering 1002% rise from the previous quarter, adding considerable weight to its Technology sector allocation.

Alongside this massive stake in KLATENCOR CORP, the board also showed strong buying interest in other technology stalwarts. Holdings in MSFT increased by 14.71%, while its position in AAPL grew by a more modest but still significant 7.38%. Furthermore, the board added exposure to BKNG, increasing its stake there.

Sales and Reductions: The portfolio also reflected strategic exits or reductions. Notably, NMERB sold shares in FLEX, reducing its position by 76.39% during the quarter.

Additionally, the board divested from several other holdings entirely or significantly reduced their size. These included exiting CASY, selling shares in SATS, and reducing positions in CDE (though this was a new position, it might have been acquired recently but not fully disclosed yet).

New Positions: Beyond the major changes, NMERB also initiated positions in several other stocks during Q2 2026. These include VIAV, HBAN, and others, though the provided data does not specify if these were entirely new or additions to existing holdings.