State Board of Administration of Florida Retirement System
SPNS

State Board of Administration of Florida Retirement System’s Sapiens International SPNS Stock Holding History

State Board of Administration of Florida Retirement System’s Portfolio SPNS Stock Details SPNS Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-8,830
Closed -$380K – 2109
2025
Q3 		$380K Sell
8,830
-68,762
-89% -$2.5M ﹤0.01% 1655
2025
Q2 		$2.27M Buy
77,592
+15,664
+25% +$436K ﹤0.01% 983
2025
Q1 		$1.68M Buy
61,928
+807
+1% +$21.8K ﹤0.01% 1023
2024
Q4 		$1.64M Sell
61,121
-5,643
-8% -$180K ﹤0.01% 1050
2024
Q3 		$2.49M Sell
66,764
-4,805
-7% -$175K ﹤0.01% 963
2024
Q2 		$2.43M Sell
71,569
-2,689
-4% -$87.7K ﹤0.01% 957
2024
Q1 		$1.61M Buy
74,258
+1,361
+2% +$39.5K ﹤0.01% 1012
2023
Q4 		$2.11M Hold
72,897
– – ﹤0.01% 991
2023
Q3 		$2.07M Sell
72,897
-1,413
-2% -$40.4K ﹤0.01% 963
2023
Q2 		$1.98M Buy
74,310
+52
+0.1% +$1.23K ﹤0.01% 984
2023
Q1 		$1.61M Buy
74,258
+1,692
+2% +$35.8K ﹤0.01% 1042
2022
Q4 		$1.34M Buy
72,566
+920
+1% +$17.3K ﹤0.01% 1100
2022
Q3 		$1.37M Buy
71,646
+19,685
+38% +$446K ﹤0.01% 1090
2022
Q2 		$1.26M Buy
51,961
+34,489
+197% +$834K ﹤0.01% 1153
2022
Q1 		$444K Hold
17,472
– – ﹤0.01% 1841
2021
Q4 		$602K Buy
+17,472
New +$602K ﹤0.01% 1714

Other funds holding SPNS

OBAM
ODDO BHF Asset Management Paris, France $2.54B AUM 41.83% 1-Year Est. Return
KC
Kryger Capital London, United Kingdom $1.41B AUM 86.31% 1-Year Est. Return
N
Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return
XT
XTX Topco George Town, Cayman Islands $5.75B AUM 30.56% 1-Year Est. Return
Mercer Global Advisors
Mercer Global Advisors Denver, Colorado $67.6B AUM 18.3% 1-Year Est. Return
CIC
Crawford Investment Counsel Atlanta, Georgia $5.85B AUM 12.61% 1-Year Est. Return
BIG
Brooklyn Investment Group Brooklyn, New York $3.2B AUM 26.32% 1-Year Est. Return
Russell Investments Group
Russell Investments Group London, United Kingdom $114B AUM 41.71% 1-Year Est. Return
GI
GAMMA Investing Foster City, California $2.69B AUM 42.78% 1-Year Est. Return
VCM
Versant Capital Management Phoenix, Arizona $1.12B AUM 34.21% 1-Year Est. Return

State Board of Administration of Florida Retirement System's SPNS Position: Q4 2025 in Review

State Board of Administration of Florida Retirement System sold out of Sapiens International (SPNS) in Q4 2025, closing a stake of 8,830 shares — an estimated $380K sold.

State Board of Administration of Florida Retirement System first reported a position in SPNS in Q4 2021 and held it in 16 quarters. The position peaked at $2.49M in Q3 2024. 32 funds tracked by Wall St. Rank hold SPNS as of Q4 2025.

  • State Board of Administration of Florida Retirement System reported no remaining Sapiens International position as of Q4 2025 after selling out during the quarter.
  • State Board of Administration of Florida Retirement System sold 8,830 Sapiens International shares in Q4 2025, an estimated $380K.
  • State Board of Administration of Florida Retirement System first reported a position in Sapiens International in Q4 2021 and held it in 16 quarters.
  • State Board of Administration of Florida Retirement System's Sapiens International position peaked at $2.49M in Q3 2024.
  • 32 funds tracked by Wall St. Rank held Sapiens International as of Q4 2025.

Based on State Board of Administration of Florida Retirement System's 13F filing for Q4 2025, filed 12 Feb 2026.