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 (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	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	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	1.8%	1.7%	2,519,429	+1.7%	$1.1B
METAMeta Platforms Inc	1.8%	2.1%	1,876,124	-2.1%	$1.1B
LLYEli Lilly & 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	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	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 Wholesale Corporation	0.6%	0.7%	379,139	-2.9%	$354.7M
MAMastercard Incorporated	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	0.5%	0.4%	770,923	-3.3%	$320.4M
HDHome Depot Inc	0.5%	0.5%	848,599	-2.4%	$299.3M
PGProcter & Gamble Co	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 Corporation	0.4%	0.6%	1,587,525	-4.3%	$263.1M
NFLXNetflix Inc.	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	0.4%	0.4%	1,334,661	-2.6%	$241.5M
PANWPalo Alto Networks Inc	0.4%	—	682,604	—	$232.8M
TXNTexas Instrs 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 Inc	0.4%	0.5%	1,907,811	-0.9%	$222.6M
WFCWells Fargo & Co	0.4%	0.4%	2,658,363	-3.8%	$219.7M
RTXRtx Corporation	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	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-5.3% shares

Left the top 50

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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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 (NVDA) at 6.6%, Apple Inc (AAPL) at 5.9%, Microsoft Corp (MSFT) at 3.9%, Amazon Com Inc (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 (MCD), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Verizon Communications Inc (VZ), cut from its top 50 At&t Inc (T) and Citigroup Inc (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.