State Board of Administration of Florida Retirement System
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), State Board of Administration of Florida Retirement System reported 2,136 stock positions worth $42.7 billion. Its top holding was Apple (AAPL) at 6.4% of the portfolio, followed by Microsoft (MSFT, 5.5%) and Amazon.com (AMZN, 2.4%). Compared with Q4 2023, it opened 120 new positions, sold out of 415, added to 1,258 and reduced 752. The biggest buy was Exxon Mobil (XOM, shares +8%) and the biggest sale an exit from iShares Russell 2000 Value E (IWN).
- Most Recent 13F
- Q2 2026
- Location
- TALLAHASSEE, FL
- CIK
- 0000938076
- Portfolio Value
- $42.7B (Q1 2024)
- SEC Filing
- 0000938076-24-000004 ↗ filed May 8, 2024
Holdings Value
Holdings 2,136 stocks · $42.7B
| AAPL Apple Inc. | 6.35% | 16,458,204 | $2.7B | Add +5.4% |
| MSFT Microsoft Corp. | 5.51% | 8,159,547 | $2.4B | Add +4.7% |
| AMZN Amazon.com Inc. | 2.35% | 9,731,565 | $1.0B | Add +2.9% |
| NVDA Nvidia Corp. | 1.70% | 2,612,605 | $725.7M | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 1.60% | 6,576,002 | $682.1M | Add +5.4% |
| GOOG Alphabet Inc. Class C | 1.41% | 5,803,390 | $603.6M | Add +9.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.41% | 1,945,691 | $600.8M | Add +2.8% |
| TSLA Tesla Inc. | 1.37% | 2,820,035 | $585.0M | Reduce -2.5% |
| META Meta Platforms Inc. Class A | 1.23% | 2,471,166 | $523.7M | Add +5.4% |
| XOM Exxon Mobil Corp. | 1.19% | 4,647,644 | $509.7M | Add +7.8% |
| UNH Unitedhealth Group Inc. | 1.14% | 1,027,569 | $485.6M | Add +5.2% |
| JNJ Johnson & Johnson | 1.05% | 2,895,757 | $448.8M | Add +13.0% |
| JPM JPMorgan Chase & Co. | 0.96% | 3,145,106 | $409.8M | Add +4.6% |
| V Visa Inc. Class A | 0.94% | 1,787,650 | $403.0M | Add +5.2% |
| PG The Procter & Gamble Co. | 0.91% | 2,613,856 | $388.7M | Add +5.2% |
| CVX Chevron Corp. | 0.82% | 2,139,725 | $349.1M | Add +14.0% |
| MA Mastercard Inc. Class A | 0.80% | 941,209 | $342.0M | Add +5.9% |
| HD Home Depot Inc. | 0.77% | 1,112,642 | $328.4M | Add +5.3% |
| LLY Eli Lilly & Co. | 0.75% | 930,244 | $319.5M | Add +3.8% |
| ABBV Abbvie Inc. | 0.72% | 1,927,653 | $307.2M | Add +3.2% |
| MRK Merck & Co. Inc. | 0.71% | 2,868,856 | $305.2M | Add +4.4% |
| AVGO Broadcom Inc. | 0.66% | 436,680 | $280.1M | Reduce -5.3% |
| PEP Pepsico Inc. | 0.65% | 1,514,000 | $276.0M | Add +4.5% |
| KO The Coca-Cola Co. | 0.63% | 4,343,558 | $269.4M | Add +3.3% |
| PFE Pfizer Inc. | 0.61% | 6,390,840 | $260.7M | Add +4.2% |
| TMO Thermo Fisher Scientific Inc. | 0.58% | 428,223 | $246.8M | Add +5.6% |
| COST Costco Wholesale Corp. | 0.57% | 492,940 | $244.9M | Add +2.9% |
| CSCO Cisco Systems Inc. | 0.57% | 4,660,925 | $243.6M | Add +4.4% |
| WMT Walmart Inc. | 0.56% | 1,615,549 | $238.2M | Reduce -65.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 7,850,155 | $224.5M | Add +4.9% |
| MCD McDonald's Corp. | 0.52% | 788,417 | $220.4M | Add +4.4% |
| CRM Salesforce Inc. | 0.49% | 1,050,700 | $209.9M | Add +5.4% |
| ADBE Adobe Inc. | 0.47% | 520,484 | $200.6M | Add +5.3% |
| ABT Abbott Laboratories | 0.46% | 1,951,810 | $197.6M | Add +5.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 1,968,620 | $197.1M | Add +4.3% |
| ACN Accenture PLC Class A | 0.46% | 688,131 | $196.7M | Add +3.9% |
| LIN Linde PLC | 0.45% | 537,793 | $191.2M | Add +3.1% |
| VZ Verizon Communications Inc. | 0.44% | 4,832,361 | $187.9M | Add +3.9% |
| CMCSA Comcast Corp. Class A | 0.44% | 4,950,713 | $187.7M | Add +9.5% |
| TXN Texas Instruments Inc. | 0.44% | 1,006,990 | $187.3M | Add +4.3% |
| DHR Danaher Corp. | 0.42% | 710,989 | $179.2M | Add +2.3% |
| AMD Advanced Micro Devices | 0.42% | 1,811,793 | $177.6M | Add +7.7% |
| BMY Bristol-Myers Squibb Co. | 0.40% | 2,483,692 | $172.1M | Add +8.0% |
| PM Philip Morris International | 0.40% | 1,747,848 | $170.0M | Add +9.9% |
| NEE Nextera Energy Inc. | 0.39% | 2,187,642 | $168.6M | Add +1.4% |
| NKE Nike Inc. Class B | 0.39% | 1,364,583 | $167.4M | Add +8.7% |
| NFLX Netflix Inc. | 0.39% | 483,881 | $167.2M | Add +4.4% |
| ORCL Oracle Corp. | 0.38% | 1,753,739 | $163.0M | Add +6.3% |
| WFC Wells Fargo & Co. | 0.38% | 4,344,971 | $162.4M | Add +9.1% |
| QCOM Qualcomm Inc. | 0.38% | 1,268,459 | $161.8M | Add +7.8% |
| T AT&T Inc. | 0.37% | 8,271,680 | $159.2M | Add +3.5% |
| RTX RTX Corp. | 0.37% | 1,603,404 | $157.0M | Add +2.3% |
| UPS United Parcel Service Class B | 0.36% | 785,337 | $152.3M | Add +6.1% |
| INTC Intel Corp. | 0.35% | 4,596,273 | $150.2M | Add +0.7% |
| AMGN Amgen Inc. | 0.34% | 596,041 | $144.1M | Add +4.9% |
| COP Conocophillips | 0.33% | 1,438,926 | $142.8M | Add +11.8% |
| HON Honeywell International Inc. | 0.32% | 725,980 | $138.7M | Add +5.5% |
| INTU Intuit Inc. | 0.32% | 309,673 | $138.1M | Add +4.1% |
| LOW Lowe's Cos Inc. | 0.32% | 682,512 | $136.5M | Add +12.2% |
| UNP Union Pacific Corp. | 0.32% | 677,267 | $136.3M | Add +6.9% |
| CAT Caterpillar Inc. | 0.32% | 593,608 | $135.8M | Add +8.1% |
| SBUX Starbucks Corp. | 0.31% | 1,261,442 | $131.4M | Add +5.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 994,057 | $130.3M | Add +4.6% |
| BA The Boeing Co. | 0.30% | 602,168 | $127.9M | Add +3.4% |
| PLD Prologis Inc. | 0.30% | 1,012,947 | $126.4M | Add +2.0% |
| DE Deere & Co. | 0.29% | 304,160 | $125.6M | Add +8.1% |
| MS Morgan Stanley | 0.29% | 1,421,155 | $124.8M | Add +11.3% |
| SPGI S&P Global Inc. | 0.29% | 361,724 | $124.7M | Add +6.9% |
| AMAT Applied Materials Inc. | 0.29% | 997,137 | $122.5M | Add +8.2% |
| ELV Elevance Health Inc. | 0.28% | 262,653 | $120.8M | Add +4.2% |
| MDT Medtronic PLC | 0.28% | 1,488,167 | $120.0M | Add +4.9% |
| GILD Gilead Sciences Inc. | 0.28% | 1,439,858 | $119.5M | Add +5.3% |
| LMT Lockheed Martin Corp. | 0.27% | 247,459 | $117.0M | Add +8.2% |
| BKNG Booking Holdings Inc. | 0.27% | 43,227 | $114.7M | Add +6.7% |
| GE General Electric | 0.27% | 1,184,235 | $113.2M | Add +0.7% |
| AXP American Express Co. | 0.26% | 681,043 | $112.3M | Add +9.6% |
| BLK BlackRock Finance Inc. | 0.26% | 167,444 | $112.0M | Add +1.8% |
| SYK Stryker Corp. | 0.26% | 389,690 | $111.2M | Add +4.0% |
| GS Goldman Sachs Group Inc. | 0.26% | 339,649 | $111.1M | Add +1.4% |
| ADI Analog Devices Inc. | 0.26% | 561,036 | $110.6M | Add +6.2% |
| CVS CVS Health Corp. | 0.25% | 1,464,135 | $108.8M | Add +6.7% |
| NOW ServiceNow Inc. | 0.25% | 232,866 | $108.2M | Add +7.0% |
| MDLZ Mondelez International Inc. Class A | 0.25% | 1,542,607 | $107.6M | Add +2.7% |
| AMT American Tower Corp. | 0.24% | 511,608 | $104.5M | Add +4.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 1,311,567 | $102.8M | Add +5.0% |
| REGN Regeneron Pharmaceuticals | 0.24% | 124,124 | $102.0M | Add +5.5% |
| ADP Automatic Data Processing | 0.23% | 449,145 | $100.0M | Add +3.9% |
| C Citigroup Inc. | 0.23% | 2,127,074 | $99.7M | Add +2.1% |
| ISRG Intuitive Surgical Inc. | 0.23% | 386,690 | $98.8M | Add +5.3% |
| TMUS T-Mobile US Inc. | 0.23% | 676,313 | $98.0M | Add +17.5% |
| PYPL PayPal Holdings Inc. | 0.23% | 1,270,960 | $96.5M | Add +8.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 305,875 | $96.4M | Add +6.4% |
| MO Altria Group Inc. | 0.22% | 2,111,625 | $94.2M | Add +4.0% |
| MRSH Marsh & McLennan Cos | 0.22% | 554,980 | $92.4M | Add +5.3% |
| PGR Progressive Corp. | 0.22% | 642,512 | $91.9M | Add +1.6% |
| DUK Duke Energy Corp. | 0.21% | 935,539 | $90.3M | Add +12.0% |
| CB Chubb Ltd. | 0.21% | 462,680 | $89.8M | Add +6.4% |
| ZTS Zoetis Inc. | 0.21% | 530,852 | $88.4M | Add +6.3% |
| TGT Target Corp. | 0.20% | 524,101 | $86.8M | Add +4.0% |
| SCHW Schwab (charles) Corp. | 0.20% | 1,656,254 | $86.8M | Add +5.6% |
Portfolio Sells Q4 2023 → Q1 2024
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.45 |
| AVGO Broadcom Inc. | Reduce -5.3% | 0.66% | −0.42 |
| TSLA Tesla Inc. | Reduce -2.5% | 1.37% | −0.13 |
| UBER Uber Technologies Inc. | Reduce -5.4% | 0.15% | −0.12 |
| FERG Ferguson Jersey Ltd. | Reduce -94.2% | 0.00% | −0.07 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.07 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.06 |
| CPAY Fleetcor Technologies Inc. | Sold out | 0.00% | −0.04 |
| ICLR Icon PLC | Sold out | 0.00% | −0.04 |
| COO Cooper Cos Inc. | Sold out | 0.00% | −0.04 |
| FICO Fair Isaac Corp. | Reduce -18.2% | 0.05% | −0.04 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.04 |
| BG Bunge Global SA | Sold out | 0.00% | −0.04 |
| TDG Transdigm Group Inc. | Reduce -9.2% | 0.10% | −0.03 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.1% | 0.04% | −0.03 |
| PH Parker Hannifin Corp. | Reduce -7.7% | 0.10% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -1.1% | 0.07% | −0.03 |
| KRTX Karuna Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| APO Apollo Global Management Inc. | Reduce -6.5% | 0.07% | −0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.03 |
| SAIA Saia Inc. | Reduce -78.7% | 0.00% | −0.03 |
| FWONK Liberty Media Corp. Class C | Sold out | 0.00% | −0.03 |
| DDOG Datadog Inc. Class A | Reduce -1.6% | 0.05% | −0.03 |
| QGEN Qiagen NV | Sold out | 0.00% | −0.03 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.02 |
| BLDR Builders Firstsource Inc. | Reduce -10.3% | 0.03% | −0.02 |
| DASH DoorDash Inc. Class A | Reduce -8.5% | 0.04% | −0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -3.8% | 0.15% | −0.02 |
| VRT Vertiv Holdings Co. Class A | Reduce -8.6% | 0.01% | −0.02 |
| FCNCA First Citizens Bcshs Class A | Reduce -25.3% | 0.02% | −0.02 |
| RBA RB Global Inc. | Sold out | 0.00% | −0.02 |
| CPRT Copart Inc. | Reduce -52.2% | 0.08% | −0.02 |
| AFRM Affirm Holdings Inc. | Reduce -23.0% | 0.00% | −0.02 |
| KNSL Kinsale Capital Group Inc. | Reduce -77.5% | 0.00% | −0.02 |
| CCL Carnival Corp. | Reduce -1.2% | 0.02% | −0.02 |
| DECK Deckers Outdoor Corp. | Reduce -17.0% | 0.02% | −0.01 |
| WELL Welltower Inc. | Reduce -3.3% | 0.09% | −0.01 |
| NVR NVR Inc. | Reduce -17.0% | 0.04% | −0.01 |
| WING Wingstop Inc. | Reduce -73.3% | 0.00% | −0.01 |
| USB US Bancorp | Reduce -3.2% | 0.13% | −0.01 |
| RBC RBC Bearings Inc. | Reduce -75.8% | 0.00% | −0.01 |
| MLM Martin Marietta Materials | Reduce -1.4% | 0.05% | −0.01 |
| ARES Ares Management Corp. Class A | Reduce -24.6% | 0.02% | −0.01 |
| PTC PTC Inc. | Reduce -10.6% | 0.03% | −0.01 |
| SPOT Spotify Technology SA | Reduce -0.8% | 0.05% | −0.01 |
| CR Crane Co. | Sold out | 0.00% | −0.01 |
| PWR Quanta Services Inc. | Reduce -3.4% | 0.06% | −0.01 |
| MEDP Medpace Holdings Inc. | Reduce -69.2% | 0.00% | −0.01 |
| XPO Xpo Inc. | Reduce -0.9% | 0.01% | −0.01 |
| LSXMK Liberty Media Corp.-Liber-New | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| XOM Exxon Mobil Corp. | Add +7.8% | 1.19% | +0.30 |
| PFE Pfizer Inc. | Add +4.2% | 0.61% | +0.24 |
| CVX Chevron Corp. | Add +14.0% | 0.82% | +0.23 |
| JNJ Johnson & Johnson | Add +13.0% | 1.05% | +0.21 |
| BMY Bristol-Myers Squibb Co. | Add +8.0% | 0.40% | +0.16 |
| PG The Procter & Gamble Co. | Add +5.2% | 0.91% | +0.15 |
| PEP Pepsico Inc. | Add +4.5% | 0.65% | +0.13 |
| TMO Thermo Fisher Scientific Inc. | Add +5.6% | 0.58% | +0.13 |
| NEE Nextera Energy Inc. | Add +1.4% | 0.39% | +0.12 |
| ABBV Abbvie Inc. | Add +3.2% | 0.72% | +0.12 |
| KO The Coca-Cola Co. | Add +3.3% | 0.63% | +0.11 |
| UPS United Parcel Service Class B | Add +6.1% | 0.36% | +0.11 |
| NKE Nike Inc. Class B | Add +8.7% | 0.39% | +0.11 |
| DIS The Walt Disney Co. | Add +4.3% | 0.46% | +0.11 |
| CSCO Cisco Systems Inc. | Add +4.4% | 0.57% | +0.10 |
| TXN Texas Instruments Inc. | Add +4.3% | 0.44% | +0.10 |
| T AT&T Inc. | Add +3.5% | 0.37% | +0.09 |
| RTX RTX Corp. | Add +2.3% | 0.37% | +0.09 |
| MRK Merck & Co. Inc. | Add +4.4% | 0.71% | +0.09 |
| AAPL Apple Inc. | Add +5.4% | 6.35% | +0.09 |
| PM Philip Morris International | Add +9.9% | 0.40% | +0.09 |
| DHR Danaher Corp. | Add +2.3% | 0.42% | +0.08 |
| PYPL PayPal Holdings Inc. | Add +8.6% | 0.23% | +0.08 |
| VZ Verizon Communications Inc. | Add +3.9% | 0.44% | +0.07 |
| SBUX Starbucks Corp. | Add +5.3% | 0.31% | +0.07 |
| UNH Unitedhealth Group Inc. | Add +5.2% | 1.14% | +0.06 |
| MRNA Moderna Inc. | Add +2.6% | 0.14% | +0.06 |
| DE Deere & Co. | Add +8.1% | 0.29% | +0.06 |
| DG Dollar General Corp. | Add +7.3% | 0.13% | +0.06 |
| LMT Lockheed Martin Corp. | Add +8.2% | 0.27% | +0.06 |
| TGT Target Corp. | Add +4.0% | 0.20% | +0.05 |
| MO Altria Group Inc. | Add +4.0% | 0.22% | +0.05 |
| MCD McDonald's Corp. | Add +4.4% | 0.52% | +0.05 |
| GIS General Mills Inc. | Add +5.8% | 0.14% | +0.05 |
| GILD Gilead Sciences Inc. | Add +5.3% | 0.28% | +0.05 |
| ILMN Illumina Inc. | Add +1.5% | 0.09% | +0.05 |
| VLO Valero Energy Corp. | Add +18.6% | 0.15% | +0.04 |
| MS Morgan Stanley | Add +11.3% | 0.29% | +0.04 |
| DUK Duke Energy Corp. | Add +12.0% | 0.21% | +0.04 |
| AON Aon PLC Class A | Add +8.3% | 0.17% | +0.04 |
| ADI Analog Devices Inc. | Add +6.2% | 0.26% | +0.04 |
| CTVA Corteva Inc. | Add +5.5% | 0.12% | +0.04 |
| CCI Crown Castle Inc. | Add +3.7% | 0.15% | +0.04 |
| HSY The Hershey Co. | Add +7.8% | 0.10% | +0.04 |
| ABT Abbott Laboratories | Add +5.6% | 0.46% | +0.04 |
| OXY Occidental Petroleum Corp. | Add +17.1% | 0.14% | +0.04 |
| D Dominion Energy Inc. | Add +4.5% | 0.13% | +0.04 |
| LOW Lowe's Cos Inc. | Add +12.2% | 0.32% | +0.04 |
| MDT Medtronic PLC | Add +4.9% | 0.28% | +0.04 |
| TMUS T-Mobile US Inc. | Add +17.5% | 0.23% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,134 | $60.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 2,061 | $53.4B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 2,072 | $56.5B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 2,084 | $57.2B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 2,147 | $56.4B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 2,169 | $50.4B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 2,198 | $52.6B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 2,223 | $52.4B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 2,188 | $50.8B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 2,136 | $42.7B | AAPL, MSFT, AMZN, NVDA, GOOGL |