Filed: 5/12/2025ACC: 0000938076-25-000006
📋 What this filing means
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 2169 equity positions with a total reported market value of $50.40B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
2169
Positions
$50.40B
Total AUM (reported)
454.96M
Total Shares
Allocation by class
COM$39.70B78.8%
CL A$3.35B6.6%
COM NEW$1.41B2.8%
COM CL A$931.37M1.8%
CL B NEW$927.11M1.8%
CAP STK CL A$875.65M1.7%
SHS$831.01M1.6%
Portfolio Concentration
Top 3$8.31B16.5%
4–10$6.92B13.7%
11–25$6.49B12.9%
Rest$28.68B56.9%
Top 3 weight
16.5%
Top 10 weight
30.2%
Voting Authority Distribution
Total shares with voting rights: 454.96M
Sole
Full voting authority
454.96M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole2169
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings2169
Rows:
APPLE INC
SOLEShares14.24M
TypeSH
Market value$3.16B
6.28%
Sole
14.24M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares7.17M
TypeSH
Market value$2.69B
5.34%
Sole
7.17M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares22.69M
TypeSH
Market value$2.46B
4.88%
Sole
22.69M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares9.07M
TypeSH
Market value$1.73B
3.42%
Sole
9.07M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares2.12M
TypeSH
Market value$1.22B
2.42%
Sole
2.12M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.74M
TypeSH
Market value$925.14M
1.84%
Sole
1.74M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares5.66M
TypeSH
Market value$875.65M
1.74%
Sole
5.66M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares4.43M
TypeSH
Market value$741.40M
1.47%
Sole
4.43M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares4.72M
TypeSH
Market value$737.23M
1.46%
Sole
4.72M
Shared
0.00
None
0.00
TESLA INC
SOLEShares2.69M
TypeSH
Market value$698.04M
1.38%
Sole
2.69M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares2.73M
TypeSH
Market value$669.27M
1.33%
Sole
2.73M
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares775.28K
TypeSH
Market value$640.31M
1.27%
Sole
775.28K
Shared
0.00
None
0.00
VISA INC
SOLEShares1.63M
TypeSH
Market value$571.91M
1.13%
Sole
1.63M
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares4.31M
TypeSH
Market value$513.04M
1.02%
Sole
4.31M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares886.87K
TypeSH
Market value$464.50M
0.92%
Sole
886.87K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares795.61K
TypeSH
Market value$436.09M
0.87%
Sole
795.61K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares428.40K
TypeSH
Market value$405.17M
0.80%
Sole
428.40K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares2.27M
TypeSH
Market value$387.59M
0.77%
Sole
2.27M
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares2.33M
TypeSH
Market value$385.63M
0.77%
Sole
2.33M
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares412.50K
TypeSH
Market value$384.67M
0.76%
Sole
412.50K
Shared
0.00
None
0.00
WALMART INC
SOLEShares4.26M
TypeSH
Market value$373.56M
0.74%
Sole
4.26M
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares1.71M
TypeSH
Market value$358.06M
0.71%
Sole
1.71M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares952.34K
TypeSH
Market value$349.02M
0.69%
Sole
952.34K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares6.63M
TypeSH
Market value$276.50M
0.55%
Sole
6.63M
Shared
0.00
None
0.00
COCA COLA CO
SOLEShares3.84M
TypeSH
Market value$275.09M
0.55%
Sole
3.84M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 14.24M | SH | $3.16B 6.28% | 14.24M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 7.17M | SH | $2.69B 5.34% | 7.17M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 22.69M | SH | $2.46B 4.88% | 22.69M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 9.07M | SH | $1.73B 3.42% | 9.07M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 2.12M | SH | $1.22B 2.42% | 2.12M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.74M | SH | $925.14M 1.84% | 1.74M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 5.66M | SH | $875.65M 1.74% | 5.66M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 4.43M | SH | $741.40M 1.47% | 4.43M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 4.72M | SH | $737.23M 1.46% | 4.72M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 2.69M | SH | $698.04M 1.38% | 2.69M | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 2.73M | SH | $669.27M 1.33% | 2.73M | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 775.28K | SH | $640.31M 1.27% | 775.28K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 1.63M | SH | $571.91M 1.13% | 1.63M | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 4.31M | SH | $513.04M 1.02% | 4.31M | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 886.87K | SH | $464.50M 0.92% | 886.87K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 795.61K | SH | $436.09M 0.87% | 795.61K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 428.40K | SH | $405.17M 0.80% | 428.40K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 2.27M | SH | $387.59M 0.77% | 2.27M | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 2.33M | SH | $385.63M 0.77% | 2.33M | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 412.50K | SH | $384.67M 0.76% | 412.50K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 4.26M | SH | $373.56M 0.74% | 4.26M | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 1.71M | SH | $358.06M 0.71% | 1.71M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 952.34K | SH | $349.02M 0.69% | 952.34K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 6.63M | SH | $276.50M 0.55% | 6.63M | 0.00 | 0.00 |
COCA COLA COSOLE | COM | 3.84M | SH | $275.09M 0.55% | 3.84M | 0.00 | 0.00 |
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