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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 8 of 104  ·  2,063 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 CSX CSX CORP Industrials 1,645,184.0 $67.5M 0.13% -10K -0.6% $41.05 +11.0%
142 ITW ILLINOIS TOOL WKS INC Industrials 259,312.0 $67.5M 0.13% -3K -1.0% $260.29 +0.7%
143 VLO VALERO ENERGY CORP Energy 272,793.0 $67.4M 0.13% -5K -1.8% $247.08 -1.2%
144 CDNS CADENCE DESIGN SYSTEM INC Technology 240,874.0 $66.9M 0.12% $277.87 +40.2%
145 FDX FEDEX CORP Industrials 186,256.0 $66.3M 0.12% +1K +0.7% $356.18 -8.5%
146 SPOT SPOTIFY TECHNOLOGY S A Communication Services 136,214.0 $66.1M 0.12% -2K -1.2% $484.91 -6.0%
147 SNPS SYNOPSYS INC Technology 166,382.0 $66.0M 0.12% +2K +1.4% $396.48 +16.5%
148 MDLZ MONDELEZ INTL INC Consumer Defensive 1,143,083.0 $65.9M 0.12% -21K -1.8% $57.64 +5.6%
149 MPC MARATHON PETE CORP Energy 269,221.0 $65.7M 0.12% -9K -3.3% $244.18 +0.2%
150 CMI CUMMINS INC Industrials 121,636.0 $65.4M 0.12% -2K -1.3% $538.02 +33.4%
151 SHW SHERWIN WILLIAMS CO Basic Materials 203,415.0 $65.2M 0.12% -1K -0.6% $320.55 -2.1%
152 PSX PHILLIPS 66 Energy 355,551.0 $64.8M 0.12% -9K -2.4% $182.18 -8.2%
153 MAR MARRIOTT INTL INC NEW Consumer Cyclical 196,887.0 $64.4M 0.12% -5K -2.3% $327.07 +20.7%
154 EMR EMERSON ELEC CO Industrials 484,130.0 $63.4M 0.12% $131.02 +13.7%
155 UPS UNITED PARCEL SVCS INC Industrials 641,729.0 $63.1M 0.12% -4K -0.6% $98.38 +6.9%
156 MSI MOTOROLA SOLUTIONS INC Technology 144,895.0 $62.9M 0.12% $433.97 -7.7%
157 AEP AMERICAN ELEC PWR CO INC Utilities 471,275.0 $61.8M 0.12% $131.08 -2.1%
158 CI THE CIGNA GROUP Healthcare 230,959.0 $61.6M 0.12% -2K -0.8% $266.75 +6.9%
159 RCL ROYAL CARIBBEAN GROUP Consumer Cyclical 223,083.0 $61.4M 0.12% -2K -1.0% $275.18 +9.6%
160 MCO MOODYS CORP Financial Services 139,815.0 $61.0M 0.11% -2K -1.3% $436.25 +4.6%
Page 8 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%