SEC 13F Intelligence

Managers / Q1 2022 · view latest →

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM

CIK 0000938076 · 1801 HERMITAGE BLVD, SUITE 100, P.O. BOX 13300, TALLAHASSEE, FL, 32317-3300 · 8504884406

Reported Value
$51.6B
Q1 2022
Positions
2,385
Filings on Record
32
2019–present window
Filed
May 6, 2022
original filing

Summary

State Board Of Administration Of Florida Retirement System reported $51.6B in U.S.-listed holdings across 2,385 positions for Q1 2022.

Its largest position, AAPL, represents 6.1% of the portfolio.

Compared with Q4 2021, the fund opened 38 new positions and exited 56.

Portfolio Metrics

Turnover
+2.9%
vs prior filed quarter
Top-10 Concentration
+25.5%
share of reported value
Largest Position
+6.1%
Apple
New / Exited
38 / 56
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $33.5BQ4 ’18Q1 ’19: $37.6BQ2 ’19: $38.4BQ3 ’19: $38.2BQ4 ’19: $41.0BQ4 ’19Q1 ’20: $32.9BQ2 ’20: $40.5BQ3 ’20: $44.0BQ4 ’20: $49.3BQ4 ’20Q1 ’21: $50.2BQ2 ’21: $52.9BQ3 ’21: $51.4BQ4 ’21: $55.7BQ4 ’21Q1 ’22: $51.6BQ2 ’22: $41.3BQ3 ’22: $39.0BQ1 ’23: $43MQ1 ’23Q3 ’23: $42.5BQ4 ’23: $48.0BQ1 ’24: $42.7BQ2 ’24: $50.8BQ2 ’24Q3 ’24: $52.4BQ4 ’24: $52.6BQ1 ’25: $50.4BQ2 ’25: $56.4BQ2 ’25Q3 ’25: $57.2BQ4 ’25: $56.5BQ1 ’26: $53.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 93.4%REIT: 3.3%Other: 3.2%Tracking Stk: 0.1%ADR: 0.0%
  • Common Stock · 93.4% · $48.2B
  • REIT · 3.3% · $1.7B
  • Other · 3.2% · $1.7B
  • Tracking Stk · 0.1% · $32M
  • ADR · 0.0% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APOAPOLLO GLOBAL MGMT INCNEW+377.8K377.8K+$23M$23M
CEGCONSTELLATION ENERGY CORPNEW+370.5K370.5K+$21M$21M
FRTFEDERAL RLTY INVT TR NEWNEW+94.3K94.3K+$12M$12M
SLGSL GREEN RLTY CORPNEW+100.8K100.8K+$8M$8M
DINOHF SINCLAIR CORPORATIONNEW+188.4K188.4K+$8M$8M
NCNONCINO INCNEW+54.5K54.5K+$2M$2M
RANGER OIL CORPORATIONNEW+43.8K43.8K+$2M$2M
2662247DITEOS THERAPEUTICS INCNEW+30.2K30.2K+$972,000$972,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM6.13%$3.2B18.13M
2MSFTMICROSOFT CORPhistory →COM5.25%$2.7B8.80M
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.66%$1.9B678.0K
4AMZNAMAZON COM INChistory →COM3.22%$1.7B510.5K
5TSLATESLA INChistory →COM2.03%$1.0B972.1K
6NVDANVIDIA CORPORATIONhistory →COM1.49%$771M2.83M
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.44%$745M2.11M
8METAMETA PLATFORMS INChistory →CL A1.19%$614M2.76M
9UNHUNITEDHEALTH GROUP INChistory →COM1.07%$554M1.09M
10JNJJOHNSON & JOHNSONhistory →COM1.06%$548M3.09M
11JPMJPMORGAN CHASE & COhistory →COM0.92%$474M3.48M
12PGPROCTER AND GAMBLE COhistory →COM0.84%$435M2.85M
13VVISA INChistory →COM CL A0.84%$434M1.96M
14EXMOCEXXON MOBIL CORPhistory →COM0.79%$410M4.96M
15HDHOME DEPOT INChistory →COM0.72%$371M1.24M
16CHVCHEVRON CORP NEWhistory →COM0.71%$369M2.27M
17MAMASTERCARD INCORPORATEDhistory →CL A0.70%$363M1.02M
18BACBK OF AMERICA CORPhistory →COM0.70%$360M8.73M
19PFEPFIZER INChistory →COM0.66%$342M6.60M
20ABBVABBVIE INChistory →COM0.64%$330M2.03M
21COSTCOSTCO WHSL CORP NEWhistory →COM0.60%$312M541.4K
22AVGOBROADCOM INChistory →COM0.57%$296M470.2K
23LLYLILLY ELI & COhistory →COM0.57%$295M1.03M
24DISDISNEY WALT COhistory →COM0.56%$289M2.11M
25KOCOCA COLA COhistory →COM0.54%$279M4.50M
26TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.54%$278M471.3K
27CSCOCISCO SYS INChistory →COM0.53%$276M4.95M
28PEPPEPSICO INChistory →COM0.53%$275M1.64M
29WMTWALMART INChistory →COM0.51%$263M1.76M
30ADBEADOBE SYSTEMS INCORPORATEDhistory →COM0.50%$260M570.6K
31ACCENTURE PLC IRELANDSHS CLASS A0.50%$258M764.4K
32MRKMERCK & CO INChistory →COM0.49%$254M3.10M
33BACVERIZON COMMUNICATIONS INChistory →COM0.49%$254M4.99M
34CMCSACOMCAST CORP NEWhistory →CL A0.48%$246M5.25M
35ABTABBOTT LABShistory →COM0.47%$245M2.07M
36INTCINTEL CORPhistory →COM0.46%$239M4.82M
37WFCWELLS FARGO CO NEWhistory →COM0.45%$235M4.84M
38CRMSALESFORCE COM INChistory →COM0.45%$233M1.10M
39DHRDANAHER CORPORATIONhistory →COM0.43%$222M757.7K
40AMDADVANCED MICRO DEVICES INChistory →COM0.42%$215M1.97M
41MCDMCDONALDS CORPhistory →COM0.41%$213M859.9K
42UNPUNION PAC CORPhistory →COM0.41%$212M774.5K
43QCOMQUALCOMM INChistory →COM0.41%$209M1.37M
44NEENEXTERA ENERGY INChistory →COM0.40%$205M2.42M
45TXNTEXAS INSTRS INChistory →COM0.39%$202M1.10M
46TAT&T INChistory →COM0.39%$199M8.43M
47BMYBRISTOL-MYERS SQUIBB COhistory →COM0.38%$198M2.71M
48NKENIKE INChistory →CL B0.38%$196M1.46M
49NFLXNETFLIX INChistory →COM0.37%$190M506.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$53.4B2,063May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$56.5B2,073Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$57.2B2,084Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$56.4B2,147Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$50.4B2,169May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$52.6B2,198Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$52.4B2,223Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$50.8B2,188Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$42.7B2,136May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$48.0B2,431Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$42.5B2,351Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review2,408Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$43M2,241May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review2,311Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$39.0B2,267Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$41.3B2,309Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$51.6B2,385May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$55.7B2,403Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$51.4B2,398Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$52.9B2,380Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$50.2B2,369May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$49.3B2,356Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$44.0B2,321Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$40.5B2,317Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$32.9B2,236May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$41.0B2,273Feb 3, 202013F-HRchanges · EDGAR ↗
Q3 2019$38.2B2,270Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$38.4B2,303Aug 5, 201913F-HRchanges · EDGAR ↗
Q1 2019$37.6B2,329May 3, 201913F-HRchanges · EDGAR ↗
Q4 2018$33.5B2,346Feb 1, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.