Q2 2026 13F · SEC CIK 938076

State Board of Administration of Florida Retirement System

Pension fundFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $60.3B
Reported positions: 2,136
Top holdings a year, 3 yrs: +24.5%
Average holding period: 9.8 yrs

State Board of Administration of Florida Retirement System is a pension fund that reported 2,136 positions worth $60.3B in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Nvidia Corporation Com (NVDA, 6.6%), Apple Inc (AAPL, 5.9%), Microsoft Corp (MSFT, 3.9%). A portfolio copying its top holdings returned 24.5% a year over the last 3 years, against 20.4% for the S&P 500.

State Board of Administration of Florida Retirement System holdings largest 50 of 2,136 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

State Board of Administration of Florida Retirement System 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	6.6%	6.7%	19,899,706	-3.4%	$4.0B
AAPLApple Inc	5.9%	6.0%	12,353,067	-2.7%	$3.6B
MSFTMicrosoft Corp	3.9%	4.5%	6,320,554	-2.6%	$2.4B
AMZNAmazon Com Inc Com	3.3%	3.3%	8,257,584	-1.9%	$2.0B
GOOGLAlphabet Inc	3.0%	2.8%	4,985,338	-2.4%	$1.8B
AVGOBroadcom Inc	2.5%	2.3%	3,959,884	-2.1%	$1.5B
GOOGAlphabet Inc	2.4%	2.2%	4,038,284	-2.8%	$1.4B
MUMicron Technology Inc	1.9%	0.6%	975,163	-0.6%	$1.1B
TSLATesla Inc Com	1.8%	1.7%	2,519,429	+1.7%	$1.1B
METAMeta Platforms Inc Class A	1.8%	2.1%	1,876,124	-2.1%	$1.1B
LLYLilly Eli & Co	1.4%	1.2%	683,386	-2.9%	$819.7M
AMDAdvanced Micro Devices Inc	1.4%	0.5%	1,407,261	-0.5%	$817.5M
BRK-BBerkshire Hathaway Inc Del	1.3%	1.4%	1,555,783	-2.0%	$778.5M
JPMJpmorgan Chase & Co	1.2%	1.3%	2,276,184	-4.5%	$745.1M
INTCIntel Corp	0.9%	0.3%	3,803,073	-1.5%	$531.0M
JNJJohnson & Johnson	0.9%	1.0%	2,047,401	-2.7%	$520.0M
AMATApplied Matls Inc	0.8%	0.4%	682,788	-2.0%	$493.7M
XOMExxon Mobil Corp	0.8%	1.2%	3,555,254	-4.6%	$486.1M
VVisa Inc Com Cl A	0.8%	0.8%	1,409,463	-4.7%	$483.6M
LRCXLam Research Corp	0.8%	0.4%	1,073,600	-3.0%	$465.2M
WMTWalmart Inc	0.7%	0.9%	3,738,027	-2.2%	$423.4M
CATCaterpillar Inc Com	0.7%	0.5%	390,457	-4.3%	$415.8M
CSCOCisco Sys Inc	0.7%	0.5%	3,385,033	-2.6%	$397.6M
ABBVAbbvie Inc	0.6%	0.6%	1,509,311	-2.6%	$379.8M
COSTCostco Whsl Corp New	0.6%	0.7%	379,139	-2.9%	$354.7M
MAMastercard Inc.	0.6%	0.7%	687,304	-3.1%	$353.0M
KLACKla Corp	0.6%	0.3%	1,123,042	+875.0%	$338.8M
GEGe Aerospace	0.6%	0.5%	889,930	-3.2%	$332.6M
BACBank of Amer Corp	0.5%	0.5%	5,712,068	-2.5%	$325.5M
UNHUnitedhealth Group Inc Com	0.5%	0.4%	770,923	-3.3%	$320.4M
HDHome Depot Inc Com	0.5%	0.5%	848,599	-2.4%	$299.3M
PGProcter & Gamble Co Com	0.5%	0.6%	1,983,620	-3.3%	$290.9M
GEVGe Vernova Inc	0.5%	0.4%	234,207	-2.2%	$275.2M
MRKMerck & Co. Inc	0.5%	0.5%	2,140,853	-2.9%	$275.1M
KOCoca Cola Co	0.4%	0.5%	3,316,926	-2.6%	$269.6M
SNDKSandisk Corp	0.4%	—	116,352	—	$264.6M
CVXChevron Corp New	0.4%	0.6%	1,587,525	-4.3%	$263.1M
NFLXNetflix Inc Total	0.4%	0.7%	3,664,275	-1.5%	$261.6M
GSGoldman Sachs Group Inc	0.4%	0.4%	247,055	-4.6%	$249.9M
PMPhilip Morris Intl Inc Com	0.4%	0.4%	1,334,661	-2.6%	$241.5M
PANWPalo Alto Networks Inc	0.4%	—	682,604	—	$232.8M
TXNTexas Instruments Inc	0.4%	—	773,327	—	$230.5M
IBMInternational Business Machs	0.4%	0.4%	800,734	-1.8%	$225.2M
MRVLMarvell Technology Inc	0.4%	—	752,290	—	$224.1M
PLTRPalantir Technologies Inclass Class A	0.4%	0.5%	1,907,811	-0.9%	$222.6M
WFCWells Fargo Co New	0.4%	0.4%	2,658,363	-3.8%	$219.7M
RTXRtx Corporation Com	0.4%	0.4%	1,156,423	-2.2%	$219.4M
ORCLOracle Corp	0.4%	0.4%	1,477,107	-0.2%	$216.5M
LINLinde PLC	0.3%	0.4%	397,686	-2.6%	$206.4M
CCitigroup Inc Com New	0.3%	0.3%	1,470,531	-5.3%	$205.8M

What State Board of Administration of Florida Retirement System bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

KLAC Kla Corp+875.0% shares

Reduced

C Citigroup Inc Com New-5.3% shares

Left the top 50

MCD Mcdonalds Corp Comwas 0.4%
PEP Pepsico Incwas 0.3%
VZ Verizon Communications Inc Comwas 0.3%
T At&t Inc Comwas 0.3%

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +16.5% /yr; S&P 500 +20.1%
3 years: +24.5% /yr; S&P 500 +20.4%
5 years: +13.6% /yr; S&P 500 +10.4%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$60.3B	2,136
Q1 2026	$53.4B	2,063
Q4 2025	$56.5B	2,073
Q3 2025	$57.2B	2,084
Q2 2025	$56.4B	2,147
Q1 2025	$50.4B	2,169
Q4 2024	$52.6B	2,198
Q3 2024	$52.4B	2,223
Q2 2024	$50.8B	2,188
Q1 2024	$42.7B	2,136
Q4 2023	$48.0B	2,431
Q3 2023	$42.5B	2,351

Questions about State Board of Administration of Florida Retirement System's portfolio

What stocks does State Board of Administration of Florida Retirement System own?

State Board of Administration of Florida Retirement System's latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 2,136 positions worth $60.3B. The largest are Nvidia Corporation Com (NVDA) at 6.6%, Apple Inc (AAPL) at 5.9%, Microsoft Corp (MSFT) at 3.9%, Amazon Com Inc Com (AMZN) at 3.3% and Alphabet Inc (GOOGL) at 3.0%.

What did State Board of Administration of Florida Retirement System buy last quarter?

In Q2 2026, State Board of Administration of Florida Retirement System added Kla Corp (KLAC) (+875.0% shares), compared with its Q1 2026 filing.

What did State Board of Administration of Florida Retirement System sell last quarter?

In Q2 2026, State Board of Administration of Florida Retirement System cut from its top 50 Mcdonalds Corp Com (MCD), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Verizon Communications Inc Com (VZ), cut from its top 50 At&t Inc Com (T) and Citigroup Inc Com New (C) (-5.3% shares), compared with its Q1 2026 filing.

How has State Board of Administration of Florida Retirement System's portfolio performed?

A portfolio copying State Board of Administration of Florida Retirement System's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.5% against +20.1%. Over 5 years: +13.6% a year against +10.4%.

When is State Board of Administration of Florida Retirement System's next 13F filing due?

13F filings are due 45 days after each quarter ends. State Board of Administration of Florida Retirement System's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.