However, you could use some general terms depending on the context:
* A procession of floats
* A parade of floats
* A display of floats
* A fleet of floats (if it's a group of boats decorated for a special occasion)
You could also be more specific about the type of floats:
* A line of carnival floats
* A collection of holiday floats
* A squadron of parade floats (using a military term for a group of aircraft)
Ultimately, the best collective noun depends on the context and the specific type of floats you are referring to.