Police & Firemen's Retirement System of New Jersey

CIK: 0002040686SEC EDGAR →

Portfolio Value

$12.0B

Holdings

3,156

As of

Q4 2025

New Positions

Closed Positions

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	NVDA NVIDIA CORP	3,585,652	$668.0M	5.55%
2	AAPL APPLE INC	2,233,478	$607.0M	5.05%
3	MSFT MICROSOFT CORP	1,136,300	$549.0M	4.56%
4	AMZN AMAZON.COM INC	1,469,544	$339.0M	2.82%
5	GOOGL ALPHABET INC CL A	888,599	$278.0M	2.31%
6	AVGO BROADCOM INC	707,590	$244.0M	2.03%
7	GOOG ALPHABET INC CL C	727,175	$228.0M	1.90%
8	META META PLATFORMS INC CLASS A	334,505	$220.0M	1.83%
9	TSLA TESLA INC	432,304	$194.0M	1.61%
10	BRK/B BERKSHIRE HATHAWAY INC CL B	282,662	$142.0M	1.18%

Quarterly Changes

Top Buys

NFLX↑ Increased

$22.0M

TTENEW

$17.0M

NOW↑ Increased

$6.7M

COIN↑ Increased

$4.4M

TMUS↑ Increased

$3.5M

Top Sells

MSFT↓ Decreased

$70.5M

GOOGL↓ Decreased

$50.2M

GOOG↓ Decreased

$42.1M

META↓ Decreased

$38.6M

CNYACLOSED

$38.0M

New Positions (61)

TTE

$17.0M · 267K shares

NBIS

$2.0M · 29K shares

$2.0M · 32K shares

$1.0M · 1.1M shares

$1.0M · 24K shares

$1.0M · 20K shares

$1.0M · 994K shares

$1.0M · 10K shares

$0 · 35K shares

$0 · 20K shares

$0 · 5K shares

$0 · 11K shares

$0 · 9K shares

$0 · 4K shares

$0 · 2K shares

$0 · 7K shares

$0 · 4K shares

$0 · 73K shares

$0 · 2K shares

$0 · 42K shares

$0 · 2K shares

$0 · 24K shares

$0 · 12K shares

$0 · 7K shares

$0 · 14K shares

$0 · 7K shares

$0 · 2K shares

$0 · 258K shares

$0 · 57K shares

$0 · 21K shares

$0 · 79K shares

$0 · 3K shares

$0 · 4K shares

$0 · 3K shares

$0 · 1K shares

$0 · 3K shares

$0 · 4K shares

$0 · 52K shares

NEXA RESOURCES SA

$0 · 4K shares

$0 · 61K shares

$0 · 93K shares

$0 · 15K shares

$0 · 14K shares

$0 · 8K shares

$0 · 2K shares

$0 · 15K shares

$0 · 490K shares

$0 · 9K shares

$0 · 5K shares

$0 · 20K shares

$0 · 6K shares

$0 · 9K shares

$0 · 9K shares

$0 · 15K shares

$0 · 10K shares

$0 · 4K shares

$0 · 10K shares

$0 · 6K shares

$0 · 14K shares

$0 · 5K shares

$0 · 8K shares

Closed Positions (71)

$38.0M · 1.1M shares

$22.6M · 212K shares

$9.2M · 30K shares

$7.4M · 225K shares

$5.9M · 28K shares

$4.6M · 164K shares

$4.2M · 94K shares

$3.7M · 45K shares

$3.6M · 75K shares

$3.1M · 37K shares

$2.0M · 51K shares

$2.0M · 20K shares

$1.5M · 1.4M shares

$1.4M · 31K shares

$1.2M · 100K shares

$1.1M · 46K shares

$1.1M · 17K shares

$1.0M · 65K shares

$952K · 800K shares

$940K · 20K shares

$814K · 9K shares

WNS HOLDINGS LTD

$801K · 11K shares

$776K · 810K shares

$766K · 15K shares

$723K · 81K shares

$646K · 23K shares

$641K · 97K shares

SAPIENS INTERNATIONAL CORP

$511K · 12K shares

$508K · 35K shares

$492K · 15K shares

$471K · 47K shares

$427K · 13K shares

$402K · 23K shares

$370K · 9K shares

$349K · 17K shares

$340K · 24K shares

$338K · 52K shares

$323K · 42K shares

$282K · 6K shares

$280K · 101K shares

$279K · 20K shares

$269K · 12K shares

$236K · 5K shares

$230K · 23K shares

MAC COPPER LTD

$217K · 18K shares

DEC

$213K · 15K shares

ARISUSD

$212K · 9K shares

ODP1

$200K · 7K shares

CUREVAC NV

$192K · 36K shares

$180K · 9K shares

$164K · 12K shares

$153K · 20K shares

$152K · 8K shares

TELUS INTERNATIONAL CDA INC

$143K · 32K shares

$137K · 8K shares

$137K · 146K shares

$134K · 9K shares

$126K · 7K shares

$120K · 4K shares

$120K · 2K shares

$112K · 32K shares

$80K · 21K shares

$76K · 14K shares

$72K · 13K shares

$68K · 13K shares

$67K · 5K shares

$59K · 10K shares

$48K · 2K shares

$30K · 37K shares

$27K · 11K shares

$27K · 14K shares

Sector Breakdown

Sector	# Holdings	Value	%
Technology	439	$3.4B	31.3%
Financial Services	517	$1.3B	12.2%
Consumer Cyclical	323	$1.1B	10.4%
Communication Services	119	$999.0M	9.2%
Industrials	403	$989.0M	9.1%
Healthcare	464	$976.0M	8.9%
Unknown	188	$516.0M	4.7%
Consumer Defensive	129	$403.0M	3.7%
Energy	154	$380.0M	3.5%
Basic Materials	152	$276.0M	2.5%
Utilities	80	$252.0M	2.3%
Real Estate	188	$244.0M	2.2%