New Jersey Better Educational Savings Trust
Long book
$60.9M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+2.7%
SPY +14.8%
Turnover
82%
of book per quarter
Strategy in plain words
auto-generated from filingsNew Jersey Better Educational Savings Trust is a wealth-management firm allocating client money, running a $60.9M US long book across 4 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: VANGUARD TOTAL BOND MARKET, ISHARES BROAD USD INVESTMENT, STE STR SPDR PT S&P 500 ETF, ISHARES CORE S&P 500 ETF.
Over the last 9 quarters its long book ran on average 2.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+6.3%
Q2 2024
+4.8%
Q3 2024
-0.8%
Q4 2024
-0.7%
Q1 2025
+5.6%
Q2 2025
+3.5%
Q3 2025
+0.9%
Q4 2025
-0.7%
Q1 2026
+2.7%
Sector allocation
Technology 81%
Consumer discretionary 11%
Financials 8%
Long book by quarter
What does New Jersey own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 30, 2026 | 4 | $60.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 9 | $58.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 9 | $59.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 8 | $38.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 34 | $51.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 32 | $52.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 32 | $52.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 28 | $50.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 2, 2024 | 94 | $52.9M | canonical | SEC ↗ |