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Portfolio (Quarterly) Guide ↗

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM

· CIK 0000938076
13F Portfolio $53.4B AUM 2,063 positions Filed May 8, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 59 New 182 Added 557 Reduced 69 Exited
Page 1 of 104  ·  2,063 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 NVDA NVIDIA CORPORATION Technology 20,592,909.0 $3.59B 6.73% -234K -1.1% $174.40 +19.4%
2 AAPL APPLE INC Technology 12,700,394.0 $3.22B 6.04% -252K -1.9% $253.79 +14.5%
3 MSFT MICROSOFT CORP Technology 6,486,812.0 $2.40B 4.50% -74K -1.1% $370.17 +9.0%
4 AMZN AMAZON COM INC Consumer Cyclical 8,417,266.0 $1.75B 3.28% -85K -1.0% $208.27 +17.2%
5 GOOGL ALPHABET INC Communication Services 5,106,946.0 $1.47B 2.75% -60K -1.2% $287.56 +26.7%
6 AVGO BROADCOM INC Technology 4,045,926.0 $1.25B 2.35% -46K -1.1% $309.51 +26.7%
7 GOOG ALPHABET INC Communication Services 4,154,551.0 $1.19B 2.23% -45K -1.1% $286.86 +26.3%
8 META META PLATFORMS INC Communication Services 1,915,500.0 $1.10B 2.05% -23K -1.2% $572.13 +2.2%
9 TSLA TESLA INC Consumer Cyclical 2,478,051.0 $921.2M 1.73% -27K -1.1% $371.75 +6.7%
10 BERKSHIRE HATHAWAY INC DEL 1,586,796.0 $760.4M 1.42% -23K -1.4% $479.20
11 JPM JPMORGAN CHASE & CO Financial Services 2,384,247.0 $701.4M 1.31% -44K -1.8% $294.16 +6.3%
12 LLY ELI LILLY & CO Healthcare 703,816.0 $647.3M 1.21% -8K -1.1% $919.77 +24.4%
13 XOM EXXON MOBIL CORP Energy 3,728,379.0 $632.6M 1.19% -88K -2.3% $169.66 -10.6%
14 JNJ JOHNSON & JOHNSON Healthcare 2,104,775.0 $514.5M 0.96% -27K -1.3% $244.44 -3.0%
15 WMT WALMART INC Consumer Defensive 3,821,290.0 $474.9M 0.89% -58K -1.5% $124.28 -3.6%
16 V VISA INC Financial Services 1,478,954.0 $447.0M 0.84% -29K -1.9% $302.24 +5.8%
17 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 390,518.0 $389.1M 0.73% -5K -1.3% $996.43 -2.8%
18 NFLX NETFLIX INC. Communication Services 3,719,935.0 $357.7M 0.67% -71K -1.9% $96.15 -15.3%
19 MA MASTERCARD INCORPORATED Financial Services 708,951.0 $354.2M 0.66% -15K -2.1% $499.66 -0.9%
20 CVX CHEVRON CORPORATION Energy 1,658,717.0 $343.2M 0.64% -50K -2.9% $206.90 -9.7%
Page 1 of 104  ·  2,063 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.3%
Financial Services 11.4%
Communication Services 10.2%
Consumer Cyclical 10.1%
Healthcare 9.9%
Industrials 9.4%
Consumer Defensive 5.2%
Energy 4.3%
Utilities 2.9%
Real Estate 2.3%