§ 13F · FUND PROFILE
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM.
Florida state pension fund
AUM · $60.3B (13F)Positions · 2136Turnover · 69% · Q2Filed · Aug 10, 2026
CONCENTRATION
33%
Top 10 holdings
NEW BUYS
+125
+$358M deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → SEMICONDUCTORS
-3pp · +4pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED AUG 10, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 19.90M | $4.0B | 6.6% | −3% |
| 2 | AAPL | APPLE INC | 12.35M | $3.6B | 5.9% | −3% |
| 3 | MSFT | MICROSOFT CORP | 6.32M | $2.4B | 3.9% | −3% |
| 4 | AMZN | AMAZON COM INC | 8.26M | $2.0B | 3.3% | −2% |
| 5 | GOOGL | ALPHABET INC | 4.99M | $1.8B | 3.0% | −2% |
| 6 | AVGO | BROADCOM INC | 3.96M | $1.5B | 2.5% | −2% |
| 7 | GOOG | ALPHABET INC | 4.04M | $1.4B | 2.4% | −3% |
| 8 | MU | MICRON TECHNOLOGY INC | 975K | $1.1B | 1.9% | −1% |
| 9 | TSLA | TESLA INC | 2.52M | $1.1B | 1.8% | +2% |
| 10 | META | META PLATFORMS INC | 1.88M | $1.1B | 1.8% | −2% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other44.4% (−3pp)
Semiconductors17.7% (+4pp)
Technology15.5% (±0)
Media8.5% (±0)
Retail6.7% (−1pp)
Financial Services5.4% (±0)
§ 03 · THE STATE SIGNAL
AC read
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM is a Income / Defensive fund managing $60.3 billion in assets. The fund runs a massive portfolio of 2,136 positions, broad diversification across holdings, with the top 10 accounting for 33%. Trading activity is aggressive at 69% quarterly turnover, with 125 new positions and 0 exits last quarter. Top sector allocations: Other (44%), Semiconductors (18%), Technology (16%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 2 FILINGS MEASURED
Q2 2026
Busy quarter
+125 buys · −0 exits · 1340 changed
Q1 2026
Busy quarter
+59 buys · −0 exits · 843 changed
Q4 2025
Busy quarter
+44 buys · −0 exits · 965 changed
Q3 2025
Busy quarter
+53 buys · −0 exits · 1337 changed