State Board of Administration of Florida Retirement System
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), State Board of Administration of Florida Retirement System reported 2,223 stock positions worth $52.4 billion. Its top holding was Apple (AAPL) at 6.2% of the portfolio, followed by Microsoft (MSFT, 5.8%) and Nvidia (NVDA, 5.2%). Compared with Q2 2024, it opened 71 new positions, sold out of 37, added to 287 and reduced 501. The biggest buy was Palantir Technologies Class A (PLTR, shares +1%) and the biggest sale Nvidia (NVDA, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- TALLAHASSEE, FL
- CIK
- 0000938076
- Portfolio Value
- $52.4B (Q3 2024)
- SEC Filing
- 0000938076-24-000011 ↗ filed Nov 8, 2024
Holdings Value
Holdings 2,223 stocks · $52.4B
| AAPL Apple Inc. | 6.20% | 13,959,171 | $3.3B | Reduce -2.3% |
| MSFT Microsoft Corp. | 5.85% | 7,123,180 | $3.1B | Reduce -2.3% |
| NVDA Nvidia Corp. | 5.24% | 22,596,429 | $2.7B | Reduce -5.3% |
| AMZN Amazon.com Inc. | 3.17% | 8,929,123 | $1.7B | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 2.31% | 2,118,140 | $1.2B | Reduce -2.4% |
| GOOGL Alphabet Inc. Class A | 1.80% | 5,694,395 | $944.4M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.52% | 1,732,588 | $797.4M | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 1.51% | 4,730,150 | $790.8M | Reduce -2.3% |
| AVGO Broadcom Inc. | 1.45% | 4,405,450 | $759.9M | Reduce -1.8% |
| TSLA Tesla Inc. | 1.33% | 2,663,006 | $696.7M | Reduce -2.1% |
| LLY Eli Lilly & Co. | 1.32% | 782,173 | $693.0M | Reduce -6.6% |
| JPM JPMorgan Chase & Co. | 1.11% | 2,748,955 | $579.6M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 0.99% | 886,146 | $518.1M | Reduce -1.9% |
| XOM Exxon Mobil Corp. | 0.97% | 4,341,659 | $508.9M | Reduce -2.9% |
| V Visa Inc. Class A | 0.80% | 1,523,674 | $418.9M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.75% | 2,284,676 | $395.7M | Reduce -1.7% |
| MA Mastercard Inc. Class A | 0.75% | 799,755 | $394.9M | Reduce -1.4% |
| HD Home Depot Inc. | 0.74% | 960,078 | $389.0M | Reduce -2.3% |
| JNJ Johnson & Johnson | 0.73% | 2,352,274 | $381.2M | Reduce -2.1% |
| COST Costco Wholesale Corp. | 0.73% | 429,891 | $381.1M | Reduce -2.2% |
| WMT Walmart Inc. | 0.68% | 4,399,521 | $355.3M | Reduce -1.8% |
| ABBV Abbvie Inc. | 0.66% | 1,741,799 | $344.0M | Reduce -2.0% |
| NFLX Netflix Inc. | 0.56% | 413,572 | $293.3M | Reduce -2.4% |
| MRK Merck & Co. Inc. | 0.55% | 2,536,980 | $288.1M | Reduce -2.5% |
| KO The Coca-Cola Co. | 0.53% | 3,890,253 | $279.6M | Reduce -2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 6,758,732 | $268.2M | Reduce -2.4% |
| ORCL Oracle Corp. | 0.49% | 1,501,599 | $255.9M | Reduce -2.0% |
| AMD Advanced Micro Devices | 0.48% | 1,537,564 | $252.3M | Reduce -2.4% |
| CRM Salesforce Inc. | 0.47% | 904,758 | $247.6M | Reduce -2.4% |
| CVX Chevron Corp. | 0.47% | 1,660,414 | $244.5M | Reduce -2.3% |
| TMO Thermo Fisher Scientific Inc. | 0.43% | 366,477 | $226.7M | Reduce -2.2% |
| ADBE Adobe Inc. | 0.43% | 436,928 | $226.2M | Reduce -2.8% |
| PEP Pepsico Inc. | 0.42% | 1,305,557 | $222.0M | Reduce -2.6% |
| CSCO Cisco Systems Inc. | 0.42% | 4,110,555 | $218.8M | Reduce -3.0% |
| LIN Linde PLC | 0.41% | 454,986 | $217.0M | Reduce -2.2% |
| MCD McDonald's Corp. | 0.40% | 692,092 | $210.7M | Reduce -1.9% |
| ACN Accenture PLC Class A | 0.40% | 592,845 | $209.6M | Reduce -2.3% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 1,062,827 | $200.4M | Reduce -2.9% |
| WFC Wells Fargo & Co. | 0.38% | 3,514,674 | $198.5M | Reduce -4.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 886,831 | $196.1M | Reduce -2.0% |
| VZ Verizon Communications Inc. | 0.37% | 4,355,272 | $195.6M | Reduce -1.1% |
| ABT Abbott Laboratories | 0.37% | 1,682,695 | $191.8M | Reduce -3.2% |
| QCOM Qualcomm Inc. | 0.35% | 1,084,859 | $184.5M | Reduce -2.7% |
| CAT Caterpillar Inc. | 0.35% | 469,326 | $183.6M | Reduce -3.1% |
| NOW ServiceNow Inc. | 0.35% | 203,622 | $182.1M | Reduce -1.3% |
| TXN Texas Instruments Inc. | 0.35% | 877,569 | $181.3M | Reduce -1.7% |
| PM Philip Morris International | 0.34% | 1,468,137 | $178.2M | Reduce -2.3% |
| DHR Danaher Corp. | 0.34% | 638,805 | $177.6M | Reduce -2.9% |
| CMCSA Comcast Corp. Class A | 0.32% | 4,018,210 | $167.8M | Reduce -3.9% |
| INTU Intuit Inc. | 0.32% | 269,402 | $167.3M | Reduce -2.0% |
| AMAT Applied Materials Inc. | 0.32% | 827,897 | $167.3M | Reduce -2.0% |
| NEE Nextera Energy Inc. | 0.32% | 1,977,687 | $167.2M | Reduce -2.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 1,733,397 | $166.7M | Reduce -3.0% |
| ISRG Intuitive Surgical Inc. | 0.32% | 338,499 | $166.3M | Reduce -1.8% |
| AMGN Amgen Inc. | 0.32% | 512,549 | $165.1M | Reduce -2.4% |
| PFE Pfizer Inc. | 0.31% | 5,681,184 | $164.4M | Reduce -3.4% |
| T AT&T Inc. | 0.31% | 7,447,653 | $163.8M | Reduce -3.3% |
| RTX RTX Corp. | 0.31% | 1,331,245 | $161.3M | Reduce -4.3% |
| SPGI S&P Global Inc. | 0.30% | 301,956 | $156.0M | Reduce -2.3% |
| UBER Uber Technologies Inc. | 0.29% | 1,996,145 | $150.0M | Reduce -2.5% |
| LOW Lowe's Cos Inc. | 0.29% | 553,620 | $149.9M | Reduce -2.1% |
| AXP American Express Co. | 0.28% | 541,713 | $146.9M | Reduce -3.8% |
| PGR Progressive Corp. | 0.28% | 576,042 | $146.2M | Reduce -2.3% |
| BKNG Booking Holdings Inc. | 0.28% | 34,283 | $144.4M | Reduce -0.6% |
| GS Goldman Sachs Group Inc. | 0.27% | 286,650 | $141.9M | Reduce -0.7% |
| UNP Union Pacific Corp. | 0.27% | 573,425 | $141.3M | Reduce -2.2% |
| BLK BlackRock Finance Inc. | 0.26% | 145,768 | $138.4M | Reduce -0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 1,130,487 | $132.9M | Reduce -3.6% |
| ETN Eaton Corp. PLC | 0.24% | 387,480 | $128.4M | Reduce -3.4% |
| HON Honeywell International Inc. | 0.24% | 614,467 | $127.0M | Reduce -2.3% |
| COP Conocophillips | 0.24% | 1,202,058 | $126.6M | Reduce -1.5% |
| BSX Boston Scientific Corp. | 0.24% | 1,504,510 | $126.1M | Reduce -3.7% |
| SYK Stryker Corp. | 0.24% | 344,695 | $124.5M | Reduce -1.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 261,575 | $121.7M | Reduce -1.9% |
| ELV Elevance Health Inc. | 0.23% | 231,069 | $120.2M | Reduce -1.3% |
| MS Morgan Stanley | 0.23% | 1,131,850 | $118.0M | Reduce -3.1% |
| C Citigroup Inc. | 0.22% | 1,855,862 | $116.2M | Reduce -2.8% |
| MDT Medtronic PLC | 0.22% | 1,283,389 | $115.5M | Reduce -4.6% |
| LMT Lockheed Martin Corp. | 0.22% | 197,216 | $115.3M | Add +0.7% |
| PLD Prologis Inc. | 0.22% | 906,609 | $114.5M | Reduce -1.0% |
| MU Micron Technology Inc. | 0.22% | 1,090,299 | $113.1M | Reduce -2.3% |
| CB Chubb Ltd. | 0.21% | 389,734 | $112.4M | Reduce -1.8% |
| REGN Regeneron Pharmaceuticals | 0.21% | 106,760 | $112.2M | Reduce -0.6% |
| BMY Bristol-Myers Squibb Co. | 0.21% | 2,145,497 | $111.0M | Reduce -4.2% |
| ADI Analog Devices Inc. | 0.21% | 481,348 | $110.8M | Reduce -2.8% |
| ADP Automatic Data Processing | 0.21% | 395,676 | $109.5M | Reduce -2.4% |
| MRSH Marsh & McLennan Cos | 0.21% | 483,980 | $108.0M | Reduce -2.4% |
| BX Blackstone Inc. | 0.21% | 704,066 | $107.8M | Reduce -3.6% |
| LRCX Lam Research Corp. | 0.20% | 129,865 | $106.0M | Reduce -2.3% |
| SBUX Starbucks Corp. | 0.20% | 1,078,589 | $105.2M | Reduce -2.7% |
| SO The Southern Co. | 0.20% | 1,160,645 | $104.7M | Reduce -3.5% |
| GILD Gilead Sciences Inc. | 0.20% | 1,241,185 | $104.1M | Reduce -4.3% |
| AMT American Tower Corp. | 0.20% | 444,100 | $103.3M | Reduce -2.2% |
| KLAC KLA Corp. | 0.20% | 133,262 | $103.2M | Reduce -2.2% |
| NKE Nike Inc. Class B | 0.20% | 1,161,953 | $102.7M | Reduce -1.5% |
| FISV Fiserv Inc. | 0.19% | 564,434 | $101.4M | Reduce -4.2% |
| MDLZ Mondelez International Inc. Class A | 0.19% | 1,373,599 | $101.2M | Reduce -4.7% |
| PANW Palo Alto Networks Inc. | 0.19% | 294,676 | $100.7M | Reduce -2.0% |
| TMUS T-Mobile US Inc. | 0.19% | 486,525 | $100.4M | Reduce -2.1% |
| DE Deere & Co. | 0.19% | 240,418 | $100.3M | Reduce -2.4% |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Reduce -5.3% | 5.24% | −0.57 |
| MSFT Microsoft Corp. | Reduce -2.3% | 5.85% | −0.57 |
| GOOGL Alphabet Inc. Class A | Reduce -2.5% | 1.80% | −0.29 |
| AMZN Amazon.com Inc. | Reduce -1.8% | 3.17% | −0.29 |
| GOOG Alphabet Inc. Class C | Reduce -2.3% | 1.51% | −0.24 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.22 |
| LLY Eli Lilly & Co. | Reduce -6.6% | 1.32% | −0.17 |
| QCOM Qualcomm Inc. | Reduce -2.7% | 0.35% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -2.5% | 0.55% | −0.08 |
| LRCX Lam Research Corp. | Reduce -2.3% | 0.20% | −0.08 |
| INTC Intel Corp. | Reduce -2.4% | 0.19% | −0.08 |
| AMAT Applied Materials Inc. | Reduce -2.0% | 0.32% | −0.07 |
| MU Micron Technology Inc. | Reduce -2.3% | 0.22% | −0.07 |
| ADBE Adobe Inc. | Reduce -2.8% | 0.43% | −0.06 |
| CVX Chevron Corp. | Reduce -2.3% | 0.47% | −0.06 |
| WFC Wells Fargo & Co. | Reduce -4.2% | 0.38% | −0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.4% | 0.12% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -2.9% | 0.97% | −0.04 |
| BA The Boeing Co. | Reduce -1.4% | 0.16% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -3.0% | 0.18% | −0.04 |
| EW Edwards Lifesciences Corp. | Reduce -2.8% | 0.08% | −0.04 |
| INTU Intuit Inc. | Reduce -2.0% | 0.32% | −0.04 |
| SNPS Synopsys Inc. | Reduce -1.6% | 0.16% | −0.04 |
| MRNA Moderna Inc. | Reduce -0.9% | 0.04% | −0.04 |
| COP Conocophillips | Reduce -1.5% | 0.24% | −0.03 |
| DIS The Walt Disney Co. | Reduce -3.0% | 0.32% | −0.03 |
| BAC Bank of America Corp. | Reduce -2.4% | 0.51% | −0.03 |
| WRK Westrock Co. | Sold out | 0.00% | −0.03 |
| CDNS Cadence Design SYS Inc. | Reduce -2.3% | 0.14% | −0.03 |
| MCK McKesson Corp. | Reduce -1.2% | 0.12% | −0.03 |
| F Ford Motor Co. | Reduce -6.5% | 0.08% | −0.03 |
| KLAC KLA Corp. | Reduce -2.2% | 0.20% | −0.02 |
| SLB SLB Ltd. | Reduce -3.3% | 0.12% | −0.02 |
| DG Dollar General Corp. | Reduce -3.7% | 0.03% | −0.02 |
| VLO Valero Energy Corp. | Reduce -5.0% | 0.08% | −0.02 |
| AMD Advanced Micro Devices | Reduce -2.4% | 0.48% | −0.02 |
| HON Honeywell International Inc. | Reduce -2.3% | 0.24% | −0.02 |
| COIN Coinbase Global Inc. Class A | Reduce -3.8% | 0.06% | −0.02 |
| ELV Elevance Health Inc. | Reduce -1.3% | 0.23% | −0.02 |
| PINS Pinterest Inc. Class A | Reduce -2.9% | 0.04% | −0.02 |
| FDX FedEx Corp. | Reduce -2.1% | 0.12% | −0.02 |
| PSX Phillips 66 | Reduce -5.6% | 0.11% | −0.02 |
| HUM Humana Inc. | Reduce -1.8% | 0.07% | −0.02 |
| MPC Marathon Petroleum Corp. | Reduce -4.2% | 0.12% | −0.02 |
| MCHP Microchip Technology Inc. | Reduce -3.4% | 0.08% | −0.02 |
| C Citigroup Inc. | Reduce -2.8% | 0.22% | −0.02 |
| SNOW Snowflake Inc. | Reduce -2.5% | 0.07% | −0.02 |
| WM Waste Management Inc. | Reduce -3.5% | 0.16% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.9% | 0.23% | −0.01 |
| APH Amphenol Corp. Class A | Reduce -2.0% | 0.16% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| PLTR Palantir Technologies Inc. Class A | Add +0.9% | 0.15% | +0.04 |
| LMT Lockheed Martin Corp. | Add +0.7% | 0.22% | +0.04 |
| SW Smurfit Westrock PLC | New | 0.03% | +0.03 |
| KKR KKR & Co. Inc. | Add +0.3% | 0.15% | +0.03 |
| WELL Welltower Inc. | Add +1.1% | 0.14% | +0.02 |
| CRH CRH PLC | Add +9.0% | 0.10% | +0.02 |
| EQIX Equinix Inc. | Add +2.1% | 0.17% | +0.02 |
| APP AppLovin Corp. Class A | Add +2.7% | 0.06% | +0.02 |
| DASH DoorDash Inc. Class A | Add +0.2% | 0.09% | +0.02 |
| CTAS Cintas Corp. | Add +0.3% | 0.14% | +0.02 |
| KVUE Kenvue Inc. | Add +2.1% | 0.08% | +0.02 |
| USB US Bancorp | Add +0.0% | 0.14% | +0.01 |
| O Realty Income Corp. | Add +0.3% | 0.10% | +0.01 |
| TDG Transdigm Group Inc. | Add +1.7% | 0.15% | +0.01 |
| SIRI Sirius XM Holdings Inc. | New | 0.01% | +0.01 |
| GWW WW Grainger Inc. | Add +2.2% | 0.10% | +0.01 |
| NSC Norfolk Southern Corp. | Add +0.2% | 0.10% | +0.01 |
| MSTR Strategy Inc. | Add +6.6% | 0.05% | +0.01 |
| COKE Coca-Cola Consolidated Inc. | Add +129.5% | 0.02% | +0.01 |
| CMI Cummins Inc. | Add +0.2% | 0.09% | +0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +14.8% | 0.07% | +0.01 |
| EFX Equifax Inc. | Add +0.0% | 0.07% | +0.01 |
| FIX Comfort Systems USA Inc. | Add +19.5% | 0.03% | +0.01 |
| FITB Fifth Third Bancorp | Add +0.2% | 0.07% | +0.01 |
| EXP Eagle Materials Inc. | Add +19.6% | 0.02% | +0.01 |
| NDAQ Nasdaq Inc. | Add +0.8% | 0.05% | +0.01 |
| FCNCA First Citizens Bcshs Class A | Add +14.8% | 0.04% | +0.01 |
| SBAC SBA Communications Corp. | Add +0.1% | 0.05% | +0.01 |
| VRT Vertiv Holdings Co. Class A | Add +0.7% | 0.07% | +0.01 |
| CVNA Carvana Co. | Add +2.0% | 0.03% | +0.01 |
| COO The Cooper Cos Inc. | Add +0.1% | 0.04% | +0.01 |
| ETR Entergy Corp. | Add +1.1% | 0.04% | +0.01 |
| BBY Best Buy Co. Inc. | Add +0.1% | 0.04% | +0.01 |
| TPL Texas Pacific Land Corp. | Add +3.6% | 0.04% | +0.01 |
| FNF Fidelity National Financial | Add +0.1% | 0.04% | +0.01 |
| CORT Corcept Therapeutics Inc. | Add +272.2% | 0.01% | +0.01 |
| VLTO Veralto Corp. | Add +0.3% | 0.05% | +0.01 |
| KDP Keurig Dr Pepper Inc. | Add +0.1% | 0.07% | +0.01 |
| MTB M & T Bank Corp. | Add +2.0% | 0.04% | +0.01 |
| CPNG Coupang Inc. | Add +0.8% | 0.05% | +0.01 |
| FE Firstenergy Corp. | Add +0.2% | 0.05% | +0.01 |
| WDAY Workday Inc. Class A | Add +0.1% | 0.10% | +0.01 |
| AWK American Water Works Co. Inc. | Add +2.6% | 0.05% | +0.01 |
| ARES Ares Management Corp. Class A | Add +0.1% | 0.05% | +0.01 |
| EXEL Exelixis Inc. | Add +25.4% | 0.02% | +0.01 |
| TYL Tyler Technologies Inc. | Add +0.6% | 0.05% | +0.01 |
| AJG Arthur J Gallagher & Co. | Add +0.1% | 0.11% | +0.01 |
| CLX Clorox Company | Add +0.1% | 0.04% | +0.01 |
| DTE DTE Energy Company | Add +0.8% | 0.04% | +0.01 |
| ZBRA Zebra Technologies Corp. Class A | Add +1.0% | 0.03% | +0.01 |
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 |