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State of Michigan Retirement System’s iShares Core US Aggregate Bond ETF AGG Stock Holding History

State of Michigan Retirement System’s Portfolio AGG Stock Details AGG Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2024
Q4 		– Sell
-4,135,000
Closed -$419M – 952
2024
Q3 		$419M Sell
4,135,000
-1,000,000
-19% -$99.8M 2.08% 8
2024
Q2 		$498M Buy
+5,135,000
New +$496M 2.56% 6
2024
Q1 		– Sell
-977,500
Closed -$97M – 956
2023
Q4 		$97M Buy
977,500
+510,000
+109% +$48.5M 0.58% 29
2023
Q3 		$44M Hold
467,500
– – 0.28% 64
2023
Q2 		$45.8M Hold
467,500
– – 0.28% 65
2023
Q1 		$46.6M Hold
467,500
– – 0.31% 62
2022
Q4 		$45.3M Hold
467,500
– – 0.32% 57
2022
Q3 		$45M Hold
467,500
– – 0.33% 57
2022
Q2 		$47.5M Sell
467,500
-2,912,000
-86% -$299M 0.33% 53
2022
Q1 		$362M Buy
3,379,500
+248,200
+8% +$27.3M 2.09% 8
2021
Q4 		$357M Buy
3,131,300
+218,000
+7% +$24.9M 1.87% 7
2021
Q3 		$335M Hold
2,913,300
– – 1.9% 6
2021
Q2 		$336M Buy
2,913,300
+271,800
+10% +$31.1M 1.97% 6
2021
Q1 		$301M Buy
2,641,500
+418,200
+19% +$48.4M 1.9% 6
2020
Q4 		$263M Hold
2,223,300
– – 1.79% 6
2020
Q3 		$262M Buy
2,223,300
+742,300
+50% +$88.1M 2.09% 6
2020
Q2 		$175M Buy
1,481,000
+1,301,000
+723% +$152M 1.53% 6
2020
Q1 		$20.8M Buy
+180,000
New +$20.5M 0.23% 115
2017
Q1 		– Sell
-450,000
Closed -$48.6M – 946
2016
Q4 		$48.6M Buy
+450,000
New +$49.3M 0.39% 57
2016
Q3 		– Sell
-325,500
Closed -$36.6M – 967
2016
Q2 		$36.6M Buy
+325,500
New +$36.1M 0.29% 76

Other funds holding AGG

Jones Financial Companies
Jones Financial Companies Des Peres, Missouri $208B AUM 16.12% 1-Year Est. Return
Raymond James Financial
Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return
Envestnet Asset Management
Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
US Bancorp
US Bancorp Minneapolis, Minnesota $82.4B AUM 19.69% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Mercer Global Advisors
Mercer Global Advisors Denver, Colorado $67.6B AUM 18.3% 1-Year Est. Return
Betterment LLC
Betterment LLC New York $52.8B AUM 15.34% 1-Year Est. Return

State of Michigan Retirement System's AGG Position: Q4 2024 in Review

State of Michigan Retirement System sold out of iShares Core US Aggregate Bond ETF (AGG) in Q4 2024, closing a stake of 4,135,000 shares — an estimated $419M sold.

State of Michigan Retirement System first reported a position in AGG in Q2 2016 and held it in 20 quarters. The position peaked at $498M in Q2 2024. 1,935 funds tracked by Wall St. Rank hold AGG as of Q4 2024.

  • State of Michigan Retirement System reported no remaining iShares Core US Aggregate Bond ETF position as of Q4 2024 after selling out during the quarter.
  • State of Michigan Retirement System sold 4,135,000 iShares Core US Aggregate Bond ETF shares in Q4 2024, an estimated $419M.
  • State of Michigan Retirement System first reported a position in iShares Core US Aggregate Bond ETF in Q2 2016 and held it in 20 quarters.
  • State of Michigan Retirement System's iShares Core US Aggregate Bond ETF position peaked at $498M in Q2 2024.
  • 1,935 funds tracked by Wall St. Rank held iShares Core US Aggregate Bond ETF as of Q4 2024.

Based on State of Michigan Retirement System's 13F filing for Q4 2024, filed 6 Feb 2025.