STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM Q4 2025 Filing

Filed February 12, 2026

Portfolio Value

$56.5B

Holdings

2,073

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (2,073 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORPORATION
20,827,392$3.9T6872.39%
2
AAPLAPPLE INC
12,952,636$3.5T6230.09%
3
MSFTMICROSOFT CORP
6,560,549$3.2T5612.57%
4
AMZNAMAZON COM INC
8,502,697$2.0T3471.58%
5
GOOGLALPHABET INC
5,166,938$1.6T2861.14%
6
AVGOBROADCOM INC
4,091,467$1.4T2505.49%
7
GOOGALPHABET INC
4,199,734$1.3T2330.31%
8
METAMETA PLATFORMS INC
1,938,610$1.3T2263.08%
9
TSLATESLA INC
2,504,601$1.1T1992.36%
10
BRK/BBERKSHIRE HATHAWAY INC DEL
1,609,510$809.0B1431.45%
11
JPMJPMORGAN CHASE & CO.
2,428,507$782.0B1383.68%
12
LLYELI LILLY & CO
711,590$764.0B1351.83%
13
VVISA INC
1,507,510$528.0B934.25%
14
XOMEXXON MOBIL CORP
3,816,838$459.0B812.16%
15
JNJJOHNSON & JOHNSON
2,132,224$441.0B780.31%
16
WMTWALMART INC
3,879,471$432.0B764.39%
17
MAMASTERCARD INCORPORATED
724,237$413.0B730.77%
18
ABBVABBVIE INC
1,573,255$359.0B635.22%
19
NFLXNETFLIX INC
3,790,652$355.0B628.14%
20
PLTRPALANTIR TECHNOLOGIES INC
1,944,036$345.0B610.45%
21
COSTCOSTCO WHSL CORP NEW
395,544$341.0B603.37%
22
BACBANK AMERICA CORP
5,999,043$329.0B582.14%
23
AMDADVANCED MICRO DEVICES INC
1,426,841$305.0B539.67%
24
HDHOME DEPOT INC
880,286$302.0B534.36%
25
PGPROCTER AND GAMBLE CO
2,079,563$298.0B527.28%
26
ORCLORACLE CORP
1,492,691$290.0B513.13%
27
GEGE AEROSPACE
940,631$289.0B511.36%
28
MUMICRON TECHNOLOGY INC
988,162$282.0B498.97%
29
CSCOCISCO SYS INC
3,521,932$271.0B479.51%
30
WFCWELLS FARGO CO NEW
2,854,678$266.0B470.66%
31
UNHUNITEDHEALTH GROUP INC
803,603$265.0B468.89%
32
CVXCHEVRON CORP NEW
1,708,281$260.0B460.05%
33
IBMINTERNATIONAL BUSINESS MACHS
823,403$243.0B429.97%
34
KOCOCA COLA CO
3,445,689$240.0B424.66%
35
CATCATERPILLAR INC
411,912$235.0B415.81%
36
MRKMERCK & CO INC
2,231,755$234.0B414.04%
37
GSGOLDMAN SACHS GROUP INC
265,602$233.0B412.27%
38
4I1PHILIP MORRIS INTL INC
1,385,018$222.0B392.81%
39
CRMSALESFORCE INC
826,913$219.0B387.50%
40
RTXRTX CORPORATION
1,193,672$218.0B385.73%
41
LRCXLAM RESEARCH CORP
1,140,083$195.0B345.04%
42
MCDMCDONALDS CORP
635,090$194.0B343.27%
43
TMOTHERMO FISHER SCIENTIFIC INC
334,359$193.0B341.50%
44
ABTABBOTT LABS
1,533,671$192.0B339.73%
45
TRVCCITIGROUP INC
1,610,242$187.0B330.88%
46
DWDMORGAN STANLEY
1,034,738$183.0B323.80%
47
DISDISNEY WALT CO
1,602,249$182.0B322.03%
48
AMATAPPLIED MATLS INC
698,516$179.0B316.72%
49
AXPAMERICAN EXPRESS CO
483,695$178.0B314.96%
50
ISRGINTUITIVE SURGICAL INC
314,214$177.0B313.19%
51
LINLINDE PLC
411,850$175.0B309.65%
52
PEPPEPSICO INC
1,207,924$173.0B306.11%
53
QCOMQUALCOMM INC
951,333$162.0B286.64%
54
INTUINTUIT
242,911$160.0B283.11%
55
GEVGE VERNOVA INC
242,893$158.0B279.57%
56
BKNGBOOKING HOLDINGS INC
29,361$157.0B277.80%
57
TAT&T INC
6,269,701$155.0B274.26%
58
AMGNAMGEN INC
473,538$154.0B272.49%
59
BACVERIZON COMMUNICATIONS INC
3,691,881$150.0B265.41%
60
ACNACCENTURE PLC IRELAND
553,744$148.0B261.87%
61
SCHWSCHWAB CHARLES CORP
1,489,519$148.0B261.87%
62
TJXTJX COS INC NEW
968,237$148.0B261.87%
63
NEENEXTERA ENERGY INC
1,833,849$147.0B260.10%
64
UBERUBER TECHNOLOGIES INC
1,783,065$145.0B256.56%
65
BABOEING CO
664,286$144.0B254.80%
66
BLKBLACKROCK INC
134,863$144.0B254.80%
67
INTCINTEL CORP
3,885,885$143.0B253.03%
68
APHAMPHENOL CORP NEW
1,063,500$143.0B253.03%
69
APPAPPLOVIN CORP
212,483$143.0B253.03%
70
SPGIS&P GLOBAL INC
274,761$143.0B253.03%
71
KLACKLA CORP
118,274$143.0B253.03%
72
NOWSERVICENOW INC
932,075$142.0B251.26%
73
TXNTEXAS INSTRS INC
800,670$138.0B244.18%
74
COFCAPITAL ONE FINL CORP
565,341$137.0B242.41%
75
GILDGILEAD SCIENCES INC
1,095,139$134.0B237.10%
76
ADBEADOBE INC
377,378$132.0B233.56%
77
DHRDANAHER CORPORATION
565,286$129.0B228.25%
78
PFEPFIZER INC
5,011,598$124.0B219.41%
79
BSXBOSTON SCIENTIFIC CORP
1,288,698$122.0B215.87%
80
ANETARISTA NETWORKS INC
916,851$120.0B212.33%
81
EFAISHARES TR
1,252,285$120.0B212.33%
82
LOWLOWES COS INC
493,998$119.0B210.56%
83
UNPUNION PAC CORP
517,780$119.0B210.56%
84
PGRPROGRESSIVE CORP
517,111$117.0B207.02%
85
ADIANALOG DEVICES INC
433,295$117.0B207.02%
86
ETNEATON CORP PLC
346,259$110.0B194.64%
87
WELLWELLTOWER INC
591,681$109.0B192.87%
88
HONHONEYWELL INTL INC
561,458$109.0B192.87%
89
PANWPALO ALTO NETWORKS INC
586,948$108.0B191.10%
90
COPCONOCOPHILLIPS
1,163,535$108.0B191.10%
91
MDTMEDTRONIC PLC
1,118,475$107.0B189.33%
92
SYKSTRYKER CORPORATION
302,205$106.0B187.56%
93
PLDPROLOGIS INC.
822,082$104.0B184.02%
94
CRWDCROWDSTRIKE HLDGS INC
218,736$102.0B180.48%
95
CBCHUBB LIMITED
327,796$102.0B180.48%
96
VRTXVERTEX PHARMACEUTICALS INC
226,000$102.0B180.48%
97
DEDEERE & CO
218,727$101.0B178.71%
98
PHPARKER-HANNIFIN CORP
114,537$100.0B176.94%
99
BXBLACKSTONE INC
642,750$99.0B175.17%
100
CEGCONSTELLATION ENERGY CORP
280,503$99.0B175.17%
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