United States, October 26, 2025
In a strategic move, Pension Fund D has decided to sell its shares in QUALCOMM Incorporated. This decision comes as the tech sector faces various uncertainties, prompting the fund to reallocate its assets. The shift allows Pension Fund D to explore potential investments in emerging opportunities while navigating the shifting landscape of the technology market. Industry experts are closely monitoring such reallocations as they may indicate broader trends within investment strategies in tech.
Trenton, New Jersey – State Pension Fund Reduces QUALCOMM Holdings Amid Tech Sector Volatility
Trenton, New Jersey – The State of New Jersey Common Pension Fund D has decreased its holdings in QUALCOMM Incorporated, reallocating assets in response to uncertainties in the technology sector. This strategic move aims to mitigate risk and position the fund for potential investments in emerging opportunities.
Details of the Transaction
According to a recent filing with the Securities and Exchange Commission, the pension fund sold 2,374 shares of QUALCOMM during the second quarter of 2025. Following this sale, the fund’s remaining stake in QUALCOMM was valued at approximately $58.96 million. This adjustment reflects a cautious approach to the current market dynamics within the tech industry.
Context and Implications
The decision to reduce holdings in QUALCOMM aligns with a broader trend among institutional investors to reassess their portfolios amid market volatility. By reallocating assets, the State of New Jersey Common Pension Fund D seeks to enhance its investment strategy, focusing on sectors with more favorable risk-return profiles. This move underscores the fund’s commitment to prudent financial management and its proactive stance in navigating the complexities of the global market.
About QUALCOMM Incorporated
QUALCOMM Incorporated is a leading provider of wireless technology solutions, specializing in advanced semiconductors and intellectual property for mobile, automotive, and Internet of Things (IoT) markets. The company offers integrated circuits, system software, and intellectual property for 3G/4G/5G wireless communications, application processors, and related technologies. QUALCOMM serves global original equipment manufacturers (OEMs), mobile device makers, and technology companies in wireless, automotive, IoT, and related sectors.
About the State of New Jersey Common Pension Fund D
The State of New Jersey Common Pension Fund D is a public pension fund that manages assets on behalf of New Jersey’s public employees. The fund’s investment decisions are guided by a commitment to achieving long-term financial stability and providing retirement security for its beneficiaries. Its portfolio includes a diverse range of assets, reflecting a strategic approach to investment management.
Frequently Asked Questions (FAQ)
What prompted the State of New Jersey Common Pension Fund D to sell shares of QUALCOMM?
The fund reduced its holdings in QUALCOMM to mitigate risk amid uncertainties in the technology sector and to reallocate assets toward emerging investment opportunities.
How many shares of QUALCOMM did the State of New Jersey Common Pension Fund D sell?
The fund sold 2,374 shares of QUALCOMM during the second quarter of 2025, reducing its holdings to approximately $58.96 million.
What is QUALCOMM Incorporated?
QUALCOMM Incorporated is a leading provider of wireless technology solutions, specializing in advanced semiconductors and intellectual property for mobile, automotive, and Internet of Things (IoT) markets.
What is the State of New Jersey Common Pension Fund D?
The State of New Jersey Common Pension Fund D is a public pension fund that manages assets on behalf of New Jersey’s public employees, aiming to achieve long-term financial stability and provide retirement security for its beneficiaries.
Key Features of the Transaction
| Feature | Details |
|---|---|
| Transaction Date | Second quarter of 2025 |
| Number of Shares Sold | 2,374 shares |
| Value of Remaining Holdings | Approximately $58.96 million |
| Reason for Sale | To mitigate risk amid uncertainties in the technology sector and reallocate assets toward emerging investment opportunities |
| Company Involved | QUALCOMM Incorporated |
| Fund Involved | State of New Jersey Common Pension Fund D |
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