State Board of Administration of Florida Retirement System
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), State Board of Administration of Florida Retirement System reported 2,061 stock positions worth $53.4 billion. Its top holding was Nvidia (NVDA) at 6.7% of the portfolio, followed by Apple (AAPL, 6.0%) and Microsoft (MSFT, 4.5%). Compared with Q4 2025, it opened 53 new positions, sold out of 65, added to 209 and reduced 634. The biggest buy was Sandisk (SNDK, shares +1%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- TALLAHASSEE, FL
- CIK
- 0000938076
- Portfolio Value
- $53.4B (Q1 2026)
- SEC Filing
- 0000938076-26-000005 ↗ filed May 8, 2026
Holdings Value
Holdings 2,061 stocks · $53.4B
| NVDA Nvidia Corp. | 6.73% | 20,592,909 | $3.6B | Reduce -1.1% |
| AAPL Apple Inc. | 6.04% | 12,700,394 | $3.2B | Reduce -1.9% |
| MSFT Microsoft Corp. | 4.50% | 6,486,812 | $2.4B | Reduce -1.1% |
| AMZN Amazon.com Inc. | 3.28% | 8,417,266 | $1.8B | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 2.75% | 5,106,946 | $1.5B | Reduce -1.2% |
| AVGO Broadcom Inc. | 2.35% | 4,045,926 | $1.3B | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 2.23% | 4,154,551 | $1.2B | Reduce -1.1% |
| META Meta Platforms Inc. Class A | 2.05% | 1,915,500 | $1.1B | Reduce -1.2% |
| TSLA Tesla Inc. | 1.73% | 2,478,051 | $921.2M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.42% | 1,586,796 | $760.4M | Reduce -1.4% |
| JPM JPMorgan Chase & Co. | 1.31% | 2,384,247 | $701.4M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 1.21% | 703,816 | $647.3M | Reduce -1.1% |
| XOM Exxon Mobil Corp. | 1.18% | 3,728,379 | $632.6M | Reduce -2.3% |
| JNJ Johnson & Johnson | 0.96% | 2,104,775 | $514.5M | Reduce -1.3% |
| WMT Walmart Inc. | 0.89% | 3,821,290 | $474.9M | Reduce -1.5% |
| V Visa Inc. Class A | 0.84% | 1,478,954 | $447.0M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.73% | 390,518 | $389.1M | Reduce -1.3% |
| NFLX Netflix Inc. | 0.67% | 3,719,935 | $357.7M | Reduce -1.9% |
| MA Mastercard Inc. Class A | 0.66% | 708,951 | $354.2M | Reduce -2.1% |
| CVX Chevron Corp. | 0.64% | 1,658,717 | $343.2M | Reduce -2.9% |
| ABBV Abbvie Inc. | 0.63% | 1,550,017 | $337.1M | Reduce -1.5% |
| MU Micron Technology Inc. | 0.62% | 980,859 | $331.4M | Reduce -0.7% |
| PG The Procter & Gamble Co. | 0.55% | 2,050,267 | $296.1M | Reduce -1.4% |
| CAT Caterpillar Inc. | 0.54% | 407,879 | $289.0M | Reduce -1.0% |
| AMD Advanced Micro Devices | 0.54% | 1,413,874 | $287.6M | Reduce -0.9% |
| HD Home Depot Inc. | 0.54% | 869,708 | $286.0M | Reduce -1.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 5,857,843 | $285.6M | Reduce -2.4% |
| PLTR Palantir Technologies Inc. Class A | 0.53% | 1,925,140 | $281.6M | Reduce -1.0% |
| CSCO Cisco Systems Inc. | 0.51% | 3,476,566 | $269.7M | Reduce -1.3% |
| MRK Merck & Co. Inc. | 0.50% | 2,204,006 | $265.1M | Reduce -1.2% |
| GE General Electric filed as GE AEROSPACE | 0.49% | 919,595 | $261.0M | Reduce -2.2% |
| KO The Coca-Cola Co. | 0.48% | 3,404,898 | $258.9M | Reduce -1.2% |
| AMAT Applied Materials Inc. | 0.45% | 696,765 | $238.1M | Reduce -0.3% |
| LRCX Lam Research Corp. | 0.44% | 1,106,725 | $236.5M | Reduce -2.9% |
| RTX RTX Corp. | 0.43% | 1,182,552 | $228.1M | Reduce -0.9% |
| PM Philip Morris International | 0.42% | 1,370,492 | $226.6M | Reduce -1.1% |
| WFC Wells Fargo & Co. | 0.41% | 2,762,415 | $219.9M | Reduce -3.2% |
| GS Goldman Sachs Group Inc. | 0.41% | 258,986 | $219.1M | Reduce -2.5% |
| ORCL Oracle Corp. | 0.41% | 1,479,949 | $217.7M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.40% | 797,305 | $215.7M | Reduce -0.8% |
| GEV GE Vernova Inc. | 0.39% | 239,451 | $209.0M | Reduce -1.4% |
| LIN Linde PLC | 0.38% | 408,258 | $202.4M | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 815,381 | $197.6M | Reduce -1.0% |
| MCD McDonald's Corp. | 0.37% | 627,919 | $195.2M | Reduce -1.1% |
| PEP Pepsico Inc. | 0.35% | 1,202,074 | $186.7M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 0.35% | 3,690,063 | $185.2M | Reduce -0.1% |
| T AT&T Inc. | 0.33% | 6,117,779 | $177.4M | Reduce -2.4% |
| C Citigroup Inc. | 0.33% | 1,552,066 | $176.0M | Reduce -3.6% |
| INTC Intel Corp. | 0.32% | 3,859,890 | $170.3M | Reduce -0.7% |
| KLAC KLA Corp. | 0.32% | 115,187 | $169.6M | Reduce -2.6% |
| NEE Nextera Energy Inc. | 0.32% | 1,819,628 | $169.0M | Reduce -0.8% |
| MS Morgan Stanley | 0.31% | 1,014,187 | $166.9M | Reduce -2.0% |
| AMGN Amgen Inc. | 0.31% | 471,789 | $166.0M | Reduce -0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 331,552 | $163.0M | Reduce -0.8% |
| ABT Abbott Laboratories | 0.29% | 1,518,272 | $155.9M | Reduce -1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 968,237 | $154.6M | No change |
| TXN Texas Instruments Inc. | 0.29% | 792,339 | $153.8M | Reduce -1.0% |
| CRM Salesforce Inc. | 0.29% | 817,334 | $152.6M | Reduce -1.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.28% | 1,576,719 | $152.0M | Reduce -1.6% |
| GILD Gilead Sciences Inc. | 0.28% | 1,089,033 | $151.8M | Reduce -0.6% |
| COP Conocophillips | 0.28% | 1,139,098 | $150.4M | Reduce -2.1% |
| AXP American Express Co. | 0.27% | 478,487 | $144.7M | Reduce -1.1% |
| EFA iShares MSCI Eafe ETF | 0.27% | 1,482,012 | $143.9M | Add +18.3% |
| ISRG Intuitive Surgical Inc. | 0.27% | 311,810 | $143.7M | Reduce -0.8% |
| PFE Pfizer Inc. | 0.26% | 4,984,992 | $140.0M | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 0.26% | 1,489,293 | $140.0M | Reduce -0.0% |
| ADI Analog Devices Inc. | 0.26% | 428,650 | $136.4M | Reduce -1.1% |
| APH Amphenol Corp. Class A | 0.25% | 1,063,830 | $134.4M | Add +0.0% |
| BA The Boeing Co. | 0.25% | 662,863 | $131.9M | Reduce -0.2% |
| BLK BlackRock Inc. | 0.24% | 134,932 | $129.8M | Add +0.1% |
| UBER Uber Technologies Inc. | 0.24% | 1,767,196 | $127.1M | Reduce -0.9% |
| UNP Union Pacific Corp. | 0.24% | 518,303 | $125.8M | Add +0.1% |
| HON Honeywell International Inc. | 0.24% | 555,957 | $125.7M | Reduce -1.0% |
| ETN Eaton Corp. PLC | 0.23% | 343,518 | $122.9M | Reduce -0.8% |
| DE Deere & Co. | 0.23% | 215,359 | $121.3M | Reduce -1.5% |
| QCOM Qualcomm Inc. | 0.23% | 938,000 | $120.8M | Reduce -1.4% |
| BKNG Booking Holdings Inc. | 0.23% | 28,611 | $120.5M | Reduce -2.5% |
| WELL Welltower Inc. | 0.22% | 595,007 | $117.6M | Add +0.6% |
| LOW Lowe's Cos Inc. | 0.22% | 490,674 | $115.9M | Reduce -0.7% |
| SPGI S&P Global Inc. | 0.21% | 268,508 | $114.2M | Reduce -2.3% |
| ANET Arista Networks Inc. | 0.21% | 911,383 | $111.9M | Reduce -0.6% |
| LMT Lockheed Martin Corp. | 0.21% | 182,681 | $110.4M | Reduce -0.9% |
| PLD Prologis Inc. | 0.20% | 822,082 | $108.7M | No change |
| BMY Bristol-Myers Squibb Co. | 0.20% | 1,790,120 | $108.6M | Reduce -0.6% |
| ACN Accenture PLC Class A | 0.20% | 546,101 | $108.3M | Reduce -1.4% |
| PANW Palo Alto Networks Inc. | 0.20% | 664,818 | $106.6M | Add +13.3% |
| DHR Danaher Corp. | 0.20% | 555,772 | $105.4M | Reduce -1.7% |
| NEM Newmont Corp. | 0.20% | 968,140 | $104.8M | Reduce -2.3% |
| INTU Intuit Inc. | 0.20% | 241,847 | $104.6M | Reduce -0.4% |
| CB Chubb Ltd. | 0.19% | 318,246 | $103.7M | Reduce -2.9% |
| PGR Progressive Corp. | 0.19% | 516,369 | $102.4M | Reduce -0.1% |
| PH Parker Hannifin Corp. | 0.19% | 113,032 | $101.2M | Reduce -1.3% |
| COF Capital One Financial Corp. | 0.19% | 553,009 | $100.9M | Reduce -2.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.19% | 224,655 | $100.3M | Reduce -0.6% |
| SYK Stryker Corp. | 0.19% | 301,337 | $99.0M | Reduce -0.3% |
| MO Altria Group Inc. | 0.18% | 1,485,466 | $98.0M | Reduce -1.5% |
| MDT Medtronic PLC | 0.18% | 1,118,475 | $96.9M | No change |
| NOW ServiceNow Inc. | 0.18% | 916,324 | $95.8M | Reduce -1.7% |
| MCK McKesson Corp. | 0.18% | 109,893 | $95.1M | Reduce -1.4% |
| CME Cme Group Inc. | 0.18% | 317,977 | $93.9M | Reduce -2.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $130K (not counted above)
Total filed on the 13F, all lines: $53.4B.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -1.1% | 4.50% | −1.12 |
| TSLA Tesla Inc. | Reduce -1.1% | 1.73% | −0.27 |
| META Meta Platforms Inc. Class A | Reduce -1.2% | 2.05% | −0.21 |
| AAPL Apple Inc. | Reduce -1.9% | 6.04% | −0.19 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 3.28% | −0.19 |
| AVGO Broadcom Inc. | Reduce -1.1% | 2.35% | −0.16 |
| NVDA Nvidia Corp. | Reduce -1.1% | 6.73% | −0.15 |
| LLY Eli Lilly & Co. | Reduce -1.1% | 1.21% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -1.2% | 2.75% | −0.11 |
| ORCL Oracle Corp. | Reduce -0.8% | 0.41% | −0.11 |
| CRM Salesforce Inc. | Reduce -1.2% | 0.29% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -1.1% | 2.23% | −0.10 |
| V Visa Inc. Class A | Reduce -1.9% | 0.84% | −0.10 |
| APP AppLovin Corp. Class A | Reduce -1.1% | 0.16% | −0.10 |
| INTU Intuit Inc. | Reduce -0.4% | 0.20% | −0.09 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.0% | 0.53% | −0.08 |
| NOW ServiceNow Inc. | Reduce -1.7% | 0.18% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -1.8% | 1.31% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -2.1% | 0.66% | −0.07 |
| ADBE Adobe Inc. | Reduce -2.3% | 0.17% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -0.8% | 0.40% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -1.4% | 0.23% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -1.0% | 0.37% | −0.06 |
| ACN Accenture PLC Class A | Reduce -1.4% | 0.20% | −0.06 |
| WFC Wells Fargo & Co. | Reduce -3.2% | 0.41% | −0.06 |
| COF Capital One Financial Corp. | Reduce -2.2% | 0.19% | −0.05 |
| BKNG Booking Holdings Inc. | Reduce -2.5% | 0.23% | −0.05 |
| BAC Bank of America Corp. | Reduce -2.4% | 0.53% | −0.05 |
| ABT Abbott Laboratories | Reduce -1.0% | 0.29% | −0.05 |
| ISRG Intuitive Surgical Inc. | Reduce -0.8% | 0.27% | −0.05 |
| AXP American Express Co. | Reduce -1.1% | 0.27% | −0.05 |
| SPGI S&P Global Inc. | Reduce -2.3% | 0.21% | −0.04 |
| DIS The Walt Disney Co. | Reduce -1.6% | 0.28% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.8% | 0.31% | −0.04 |
| DHR Danaher Corp. | Reduce -1.7% | 0.20% | −0.03 |
| CEG Constellation Energy | Reduce -0.9% | 0.15% | −0.03 |
| ADP Automatic Data Processing | Reduce -1.4% | 0.14% | −0.03 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.03 |
| FLUT Flutter Entertainment PLC-Di | Reduce -0.3% | 0.03% | −0.03 |
| GE General Electric | Reduce -2.2% | 0.49% | −0.02 |
| FICO Fair Isaac Corp. | Reduce -3.1% | 0.04% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.1% | 0.16% | −0.02 |
| MDB Mongodb Inc. | Reduce -1.3% | 0.03% | −0.02 |
| UBER Uber Technologies Inc. | Reduce -0.9% | 0.24% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -2.0% | 0.08% | −0.02 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.02 |
| SPOT Spotify Technology SA | Reduce -1.2% | 0.12% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -1.5% | 0.07% | −0.02 |
| PGR Progressive Corp. | Reduce -0.1% | 0.19% | −0.02 |
| ELV Elevance Health Inc. | Reduce -1.2% | 0.11% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| SNDK Sandisk Corp. | Add +1.3% | 0.13% | +0.09 |
| GLW Corning Inc. | Add +0.3% | 0.18% | +0.07 |
| EFA iShares MSCI Eafe ETF | Add +18.3% | 0.27% | +0.06 |
| LITE Lumentum Holdings Inc. | Add +4.0% | 0.08% | +0.04 |
| FDX FedEx Corp. | Add +0.7% | 0.12% | +0.03 |
| WELL Welltower Inc. | Add +0.6% | 0.22% | +0.03 |
| UNP Union Pacific Corp. | Add +0.1% | 0.24% | +0.02 |
| PNFP Pinnacle Financial Partners | New | 0.02% | +0.02 |
| FITB Fifth Third Bancorp | Add +37.3% | 0.07% | +0.02 |
| COHR Coherent Corp. | Add +9.8% | 0.06% | +0.02 |
| MSI Motorola Solutions Inc. | Add +0.3% | 0.12% | +0.02 |
| FANG Diamondback Energy Inc. | Add +0.1% | 0.06% | +0.02 |
| FTI Technipfmc PLC | Add +4.0% | 0.04% | +0.01 |
| AU Anglogold Ashanti PLC | Add +1.5% | 0.07% | +0.01 |
| CASY Casey's General Stores Inc. | Add +0.2% | 0.04% | +0.01 |
| EME Emcor Group Inc. | Add +1.2% | 0.05% | +0.01 |
| FTAI Ftai Aviation Ltd. | Add +5.9% | 0.04% | +0.01 |
| WAT Waters Corp. | Add +60.4% | 0.05% | +0.01 |
| CW Curtiss-Wright Corp. | Add +5.0% | 0.04% | +0.01 |
| MDLN Medline Inc. Class A | New | 0.01% | +0.01 |
| MKSI MKS Inc. | Add +6.6% | 0.02% | +0.01 |
| D Dominion Energy Inc. | Add +0.0% | 0.09% | +0.01 |
| HSY The Hershey Co. | Add +1.1% | 0.05% | +0.01 |
| CRCL Circle Internet Group Inc. | Add +103.2% | 0.01% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +13.3% | 0.20% | +0.01 |
| RVMD Revolution Medicines Inc. | Add +10.7% | 0.03% | +0.01 |
| DTE DTE Energy Company | Add +0.2% | 0.04% | +0.01 |
| PSA Public Storage | Add +1.0% | 0.07% | +0.01 |
| QSR Restaurant Brands Intern | Add +14.5% | 0.03% | +0.01 |
| ASTS Ast Spacemobile Inc. | Add +7.4% | 0.03% | +0.01 |
| RGLD Royal Gold Inc. | Add +5.3% | 0.03% | +0.01 |
| VTR Ventas Inc. | Add +0.2% | 0.06% | +0.01 |
| BE Bloom Energy Corp. Class A | Add +0.6% | 0.02% | +0.01 |
| FLEX Flex Ltd. | Add +6.6% | 0.03% | +0.01 |
| STZ Constellation Brands Inc. Class A | Add +3.9% | 0.04% | +0.01 |
| RKLB Rocket Lab Corp. | Add +16.3% | 0.05% | +0.01 |
| LNTH Lantheus Holdings Inc. | Add +191.3% | 0.01% | +0.01 |
| NPO Enpro Inc. | Add +356.6% | 0.01% | +0.01 |
| BORR Borr Drilling Ltd. | Add +672.2% | 0.01% | +0.01 |
| HOS Hornbeck Offshore Services I | Add +355.5% | 0.01% | +0.00 |
| FUL H.B. Fuller Co. | Add +249.7% | 0.01% | +0.00 |
| MBIN Merchants Bancorp | New | 0.00% | +0.00 |
| NHC National Healthcare Corp. | Add +887.2% | 0.01% | +0.00 |
| OSW Onespaworld Holdings Ltd. | Add +438.5% | 0.01% | +0.00 |
| FFIV F5 Inc. | Add +0.2% | 0.03% | +0.00 |
| DLX Deluxe Corp. | Add +520.0% | 0.00% | +0.00 |
| HE Hawaiian Electric Inds | Add +346.0% | 0.01% | +0.00 |
| HLMN Hillman Solutions Corp. | Add +491.3% | 0.01% | +0.00 |
| AMRX Amneal Pharmaceuticals Inc. | Add +278.8% | 0.01% | +0.00 |
| WCC Wesco International Inc. | Add +0.7% | 0.03% | +0.00 |
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 |