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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 6 of 28  ·  557 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 REGN REGENERON PHARMACEUTICALS Healthcare 89,974.0 $69.5M 0.13% -3K -3.0% $772.64 -20.4%
102 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 747,790.0 $69.0M 0.13% -5K -0.7% $92.31 -1.8%
103 HCA HCA HEALTHCARE INC Healthcare 144,422.0 $68.3M 0.13% -8K -5.4% $473.24 -16.1%
104 MMM 3M CO Industrials 468,043.0 $68.0M 0.13% -5K -1.2% $145.23 +11.3%
105 PNC PNC FINL SVCS GROUP INC Financial Services 326,075.0 $67.9M 0.13% -2K -0.8% $208.09 +12.8%
106 CSX CSX CORP Industrials 1,645,184.0 $67.5M 0.13% -10K -0.6% $41.05 +14.3%
107 ITW ILLINOIS TOOL WKS INC Industrials 259,312.0 $67.5M 0.13% -3K -1.0% $260.29 +2.1%
108 VLO VALERO ENERGY CORP Energy 272,793.0 $67.4M 0.13% -5K -1.8% $247.08 +0.0%
109 SPOT SPOTIFY TECHNOLOGY S A Communication Services 136,214.0 $66.1M 0.12% -2K -1.2% $484.91 -3.1%
110 MDLZ MONDELEZ INTL INC Consumer Defensive 1,143,083.0 $65.9M 0.12% -21K -1.8% $57.64 +7.8%
111 MPC MARATHON PETE CORP Energy 269,221.0 $65.7M 0.12% -9K -3.3% $244.18 +2.6%
112 CMI CUMMINS INC Industrials 121,636.0 $65.4M 0.12% -2K -1.3% $538.02 +30.1%
113 SHW SHERWIN WILLIAMS CO Basic Materials 203,415.0 $65.2M 0.12% -1K -0.6% $320.55 +0.6%
114 PSX PHILLIPS 66 Energy 355,551.0 $64.8M 0.12% -9K -2.4% $182.18 -5.6%
115 MAR MARRIOTT INTL INC NEW Consumer Cyclical 196,887.0 $64.4M 0.12% -5K -2.3% $327.07 +22.0%
116 UPS UNITED PARCEL SVCS INC Industrials 641,729.0 $63.1M 0.12% -4K -0.6% $98.38 +10.6%
117 CI THE CIGNA GROUP Healthcare 230,959.0 $61.6M 0.12% -2K -0.8% $266.75 +9.4%
118 RCL ROYAL CARIBBEAN GROUP Consumer Cyclical 223,083.0 $61.4M 0.12% -2K -1.0% $275.18 +13.7%
119 MCO MOODYS CORP Financial Services 139,815.0 $61.0M 0.11% -2K -1.3% $436.25 +7.4%
120 HLT HILTON WORLDWIDE HLDGS INC Consumer Cyclical 199,876.0 $60.8M 0.11% -5K -2.6% $304.08 +15.2%
Page 6 of 28  ·  557 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%