State Board of Administration of Florida Retirement System
TALLAHASSEE, FL
$60.3bn in 2,136 US stocks at the end of 30 June 2026. The top 10 are 32.9% of the money. It changed about 9.4% of the portfolio this quarter.
Value
$60.3bn
Stocks
2,136
Top 10 share
32.9%
Turnover
9.4%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX0.1% of the fund
- Honeywell InternationalHON0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- CarnivalCCL<0.1% of the fund
- Sunbelt Rentals HoldingsSUNB<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- Ishares TRIEFA<0.1% of the fund
- Ascendis Pharma A/SASND<0.1% of the fund
- Ishares TRIWV<0.1% of the fund
- Bitmine Immersion TechnologiesBMNR<0.1% of the fund
- Forgent Power SolutionsFPS<0.1% of the fund
- Galaxy DigitalGLXY<0.1% of the fund
- UL SolutionsULS<0.1% of the fund
- BrookfieldBN<0.1% of the fund
- JFrogFROG<0.1% of the fund
- Figure Technology SolutionsFIGR<0.1% of the fund
- Aura MineralsAUGO<0.1% of the fund
- Kaiser AluminumKALU<0.1% of the fund
- Pangaea Logistics SolutionsPANL<0.1% of the fund
- Diebold NixdorfDBD<0.1% of the fund
- ServiceTitanTTAN<0.1% of the fund
- AXTAXTI<0.1% of the fund
- LegenceLGN<0.1% of the fund
- Almonty IndustriesALM<0.1% of the fund
Added
Bought more of a stock they already held.
- SandiskSNDK0.4% of the fund+3%
- Palo Alto NetworksPANW0.4% of the fund+3%
- Bloom EnergyBE0.1% of the fund+269%
- Astera LabsALAB0.1% of the fund+15%
- CoherentCOHR0.1% of the fund+12%
- PaccarPCAR<0.1% of the fund+6%
- CintasCTAS<0.1% of the fund+3%
- FlexFLEX<0.1% of the fund+11%
- Rocket LabRKLB<0.1% of the fund+15%
- Devon EnergyDVN<0.1% of the fund+81%
- Credo Technology Group HoldingCRDO<0.1% of the fund+221%
- Old Dominion Freight LineODFL<0.1% of the fund+6%
- NateraNTRA<0.1% of the fund+4%
- Revolution MedicinesRVMD<0.1% of the fund+12%
- M&T BankMTB<0.1% of the fund+9%
- CoreWeaveCRWV<0.1% of the fund+2090%
- Markel GroupMKL<0.1% of the fund+16%
- CopartCPRT<0.1% of the fund+10%
- StrategyMSTR<0.1% of the fund+4%
- Carpenter TechnologyCRS<0.1% of the fund+8%
- Sterling InfrastructureSTRL<0.1% of the fund+261%
- Expeditors International of WashingtonEXPD<0.1% of the fund+9%
- MastecMTZ<0.1% of the fund+6%
- XPOXPO<0.1% of the fund+6%
- ATIATI<0.1% of the fund+7%
Cut
Sold some of their stake.
- NvidiaNVDA6.6% of the fund-3%
- AppleAAPL5.9% of the fund-3%
- MicrosoftMSFT3.9% of the fund-3%
- AlphabetGOOGL3.0% of the fund-2%
- BroadcomAVGO2.5% of the fund-2%
- AlphabetGOOG2.4% of the fund-3%
- Meta PlatformsMETA1.8% of the fund-2%
- Eli LillyLLY1.4% of the fund-3%
- JPMorgan ChaseJPM1.2% of the fund-5%
- Johnson & JohnsonJNJ0.9% of the fund-3%
- Applied MaterialsAMAT0.8% of the fund-2%
- ExxonMobil HoldingsXOM0.8% of the fund-5%
- VisaV0.8% of the fund-5%
- Lam ResearchLRCX0.8% of the fund-3%
- WalmartWMT0.7% of the fund-2%
- CaterpillarCAT0.7% of the fund-4%
- Cisco SystemsCSCO0.7% of the fund-3%
- AbbVieABBV0.6% of the fund-3%
- Costco WholesaleCOST0.6% of the fund-3%
- MastercardMA0.6% of the fund-3%
- KLAKLAC0.6% of the fund-3%
- General ElectricGE0.6% of the fund-3%
- Bank of AmericaBAC0.5% of the fund-2%
- UnitedHealth GroupUNH0.5% of the fund-3%
- Home DepotHD0.5% of the fund-2%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Coterra EnergyCTRA-100%
- Carnival-100%
- DuPont de NemoursDD-100%
- Hologic-100%
- Masimo-100%
- Air Lease-100%
- Sealed Air Corp New-100%
- Apellis Pharmaceuticals-100%
- Clearway EnergyCWEN-100%
- TRI Pointe Homes-100%
- Amicus Therapeutics-100%
- Arcellx-100%
- ConcentrixCNXC-100%
- Terns Pharmaceuticals-100%
- Columbus MckinnonCMCO-100%
- CSG SYS Intl-100%
- i3 VerticalsIIIV-100%
- Liberty CapitalGLIBK-100%
- Clearwater Analytics Hldgs I-100%
- Haverty Furniture CompaniesHVT-100%
- ManitowocMTW-100%
- EnviriNVRI-100%
- Thermon Group Hldgs-100%
- Veris Residential INC.com-100%
Holdings
- Ishares TREFA
- Share
- 0.2%
- Value
- $96m
- Shares
- 922,952
-38%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 6.6% | $4.0bn | 19,899,706 | -3% |
| AppleAAPL | 5.9% | $3.6bn | 12,353,067 | -3% |
| MicrosoftMSFT | 3.9% | $2.4bn | 6,320,554 | -3% |
| Amazon.comAMZN | 3.3% | $2.0bn | 8,257,584 | Held |
| AlphabetGOOGL | 3.0% | $1.8bn | 4,985,338 | -2% |
| BroadcomAVGO | 2.5% | $1.5bn | 3,959,884 | -2% |
| AlphabetGOOG | 2.4% | $1.4bn | 4,038,284 | -3% |
| Micron TechnologyMU | 1.9% | $1.1bn | 975,163 | Held |
| TeslaTSLA | 1.8% | $1.1bn | 2,519,429 | Held |
| Meta PlatformsMETA | 1.8% | $1.1bn | 1,876,124 | -2% |
| Eli LillyLLY | 1.4% | $820m | 683,386 | -3% |
| Advanced Micro DevicesAMD | 1.4% | $817m | 1,407,261 | Held |
| Berkshire HathawayBRK-B | 1.3% | $778m | 1,555,783 | Held |
| JPMorgan ChaseJPM | 1.2% | $745m | 2,276,184 | -5% |
| IntelINTC | 0.9% | $531m | 3,803,073 | Held |
| Johnson & JohnsonJNJ | 0.9% | $520m | 2,047,401 | -3% |
| Applied MaterialsAMAT | 0.8% | $494m | 682,788 | -2% |
| ExxonMobil HoldingsXOM | 0.8% | $486m | 3,555,254 | -5% |
| VisaV | 0.8% | $484m | 1,409,463 | -5% |
| Lam ResearchLRCX | 0.8% | $465m | 1,073,600 | -3% |
| WalmartWMT | 0.7% | $423m | 3,738,027 | -2% |
| CaterpillarCAT | 0.7% | $416m | 390,457 | -4% |
| Cisco SystemsCSCO | 0.7% | $398m | 3,385,033 | -3% |
| AbbVieABBV | 0.6% | $380m | 1,509,311 | -3% |
| Costco WholesaleCOST | 0.6% | $355m | 379,139 | -3% |
| MastercardMA | 0.6% | $353m | 687,304 | -3% |
| KLAKLAC | 0.6% | $339m | 1,123,042 | -3% |
| General ElectricGE | 0.6% | $333m | 889,930 | -3% |
| Bank of AmericaBAC | 0.5% | $325m | 5,712,068 | -2% |
| UnitedHealth GroupUNH | 0.5% | $320m | 770,923 | -3% |
| Home DepotHD | 0.5% | $299m | 848,599 | -2% |
| Procter & GamblePG | 0.5% | $291m | 1,983,620 | -3% |
| GE VernovaGEV | 0.5% | $275m | 234,207 | -2% |
| MerckMRK | 0.5% | $275m | 2,140,853 | -3% |
| Coca-ColaKO | 0.4% | $270m | 3,316,926 | -3% |
| SandiskSNDK | 0.4% | $265m | 116,352 | +3% |
| ChevronCVX | 0.4% | $263m | 1,587,525 | -4% |
| NetflixNFLX | 0.4% | $262m | 3,664,275 | Held |
| Goldman Sachs GroupGS | 0.4% | $250m | 247,055 | -5% |
| Philip Morris InternationalPM | 0.4% | $241m | 1,334,661 | -3% |
| Palo Alto NetworksPANW | 0.4% | $233m | 682,604 | +3% |
| Texas InstrumentsTXN | 0.4% | $231m | 773,327 | -2% |
| International Business MachinesIBM | 0.4% | $225m | 800,734 | Held |
| Marvell TechnologyMRVL | 0.4% | $224m | 752,290 | Held |
| Palantir TechnologiesPLTR | 0.4% | $223m | 1,907,811 | Held |
| Wells Fargo & CompanyWFC | 0.4% | $220m | 2,658,363 | -4% |
| RTXRTX | 0.4% | $219m | 1,156,423 | -2% |
| OracleORCL | 0.4% | $216m | 1,477,107 | Held |
| LindeLIN | 0.3% | $206m | 397,686 | -3% |
| CitigroupC | 0.3% | $206m | 1,470,531 | -5% |
| Morgan StanleyMS | 0.3% | $203m | 971,452 | -4% |
| Western DigitalWDC | 0.3% | $189m | 295,666 | Held |
| AmphenolAPH | 0.3% | $189m | 1,070,329 | Held |
| CorningGLW | 0.3% | $175m | 685,829 | Held |
| QualcommQCOM | 0.3% | $169m | 915,938 | -2% |
| AmgenAMGN | 0.3% | $167m | 460,749 | -2% |
| Analog DevicesADI | 0.3% | $165m | 414,403 | -3% |
| CrowdStrike HoldingsCRWD | 0.3% | $163m | 213,914 | -2% |
| McDonald'sMCD | 0.3% | $163m | 602,121 | -4% |
| Thermo Fisher ScientificTMO | 0.3% | $161m | 320,764 | -3% |
| PepsiCoPEP | 0.3% | $157m | 1,161,913 | -3% |
| NextEra EnergyNEE | 0.3% | $157m | 1,783,836 | Held |
| American ExpressAXP | 0.3% | $155m | 457,519 | -4% |
| Verizon CommunicationsVZ | 0.3% | $153m | 3,618,139 | Held |
| Arista NetworksANET | 0.3% | $151m | 891,686 | -2% |
| Walt DisneyDIS | 0.2% | $147m | 1,532,311 | -3% |
| EatonETN | 0.2% | $143m | 335,660 | -2% |
| TJX CompaniesTJX | 0.2% | $142m | 935,568 | -3% |
| BoeingBA | 0.2% | $140m | 647,437 | -2% |
| Union PacificUNP | 0.2% | $136m | 499,300 | -4% |
| DeereDE | 0.2% | $135m | 212,986 | Held |
| Abbott LaboratoriesABT | 0.2% | $135m | 1,485,061 | -2% |
| Gilead SciencesGILD | 0.2% | $135m | 1,064,777 | -2% |
| WelltowerWELL | 0.2% | $133m | 587,165 | Held |
| Charles SchwabSCHW | 0.2% | $132m | 1,431,430 | -4% |
| BlackRockBLK | 0.2% | $126m | 131,333 | -3% |
| Uber TechnologiesUBER | 0.2% | $123m | 1,708,988 | -3% |
| AT&TT | 0.2% | $123m | 5,953,546 | -3% |
| Intuitive SurgicalISRG | 0.2% | $121m | 305,221 | -2% |
| Booking HoldingsBKNG | 0.2% | $119m | 668,883 | -6% |
| PfizerPFE | 0.2% | $116m | 4,835,552 | -3% |
| ConocoPhillipsCOP | 0.2% | $115m | 1,105,672 | -3% |
| Dell TechnologiesDELL | 0.2% | $113m | 261,685 | -4% |
| ProgressivePGR | 0.2% | $112m | 513,174 | Held |
| CVS HealthCVS | 0.2% | $112m | 1,078,595 | -2% |
| SalesforceCRM | 0.2% | $111m | 711,094 | -13% |
| Vertiv HoldingsVRT | 0.2% | $111m | 332,399 | Held |
| Vertex PharmaceuticalsVRTX | 0.2% | $109m | 219,813 | -2% |
| PrologisPLD | 0.2% | $109m | 804,737 | -2% |
| Capital One FinancialCOF | 0.2% | $107m | 535,712 | -3% |
| AppLovinAPP | 0.2% | $107m | 207,990 | Held |
| Parker-HannifinPH | 0.2% | $107m | 109,152 | -3% |
| Lowe's CompaniesLOW | 0.2% | $106m | 480,988 | Held |
| DanaherDHR | 0.2% | $105m | 552,307 | Held |
| Altria GroupMO | 0.2% | $104m | 1,444,688 | -3% |
| S&P GlobalSPGI | 0.2% | $104m | 254,753 | -5% |
| Bristol-Myers SquibbBMY | 0.2% | $101m | 1,749,222 | -2% |
| StarbucksSBUX | 0.2% | $101m | 983,807 | -2% |
| ChubbCB | 0.2% | $98m | 286,497 | -10% |
| Ishares TREFA | 0.2% | $96m | 922,952 | -38% |
Showing the largest 100 of 2,136.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 7.0% since 30 June 2025.
Where the money is
Technology35.9%
Financial services12.1%
Industrials10.1%
Retail & consumer9.4%
Media & telecom9.3%
Health care9.2%
Everyday goods4.4%
Energy3.0%
Utilities2.2%
Materials2.1%
Real estate2.1%
Other0.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.