State of New Jersey Common Pension Fund D Investment Activity: Q2 2026 Analysis

The State of New Jersey Common Pension Fund D, a major institutional investor with substantial assets under management, reported specific investment activities for Q2 2026. This analysis focuses on observable changes to its portfolio based on the provided data.

In this quarter, the fund demonstrated active buying in several areas. Notably, it increased its position significantly in VTI, a Vanguard Index Fund Trust that tracks the S&P 500 Vanguards Total Stock Market ETF (ticker symbol for the trust is VTI). The fund also made substantial additions to other holdings, including USIG and PYLD.

The data shows that the State of New Jersey Common Pension Fund D purchased shares in several new or existing positions. Key examples include a 100% increase in holdings for both USIG and VTI. Additionally, the fund bought shares in LQD, increasing its stake by 255.48%, and added to positions like SPIB (66.38% increase) and KOS.

Conversely, the fund also reported significant sales during Q2 2026. It sold shares in several holdings that experienced substantial declines or exits from its portfolio. The most prominent sell was HIMS, which saw a reduction of over 49% in the fund's position, representing one of the largest decreases observed this quarter.

Furthermore, the State of New Jersey Common Pension Fund D exited positions entirely or significantly reduced others. Holdings like ACMR, MTRN, and DIOD were sold off by the fund, with decreases ranging from 38.99% to a complete exit as indicated by the change percentages.

The portfolio's structure remains dominated by Technology stocks and ETFs, including major holdings in NVDA and AAPL. However, the changes observed this quarter reflect a dynamic approach to rebalancing. The fund also maintains significant exposure in other sectors like Healthcare (KLA CORP (KLAC)) and Communication Services (GOOGL). Detailed information on all holdings can be found by visiting the investor's profile page.