State of Michigan Retirement System’s iShares iBoxx $ Investment Grade Corporate Bond ETF LQD Stock Holding History

State of Michigan Retirement System’s Portfolio LQD Stock Details LQD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$237M	Hold	2,172,400	–	–	1.25%	11
2025 Q4	$239M	Hold	2,172,400	–	–	1.16%	14
2025 Q3	$242M	Hold	2,172,400	–	–	1.16%	13
2025 Q2	$238M	Hold	2,172,400	–	–	1.23%	13
2025 Q1	$236M	Hold	2,172,400	–	–	1.36%	11
2024 Q4	$232M	Hold	2,172,400	–	–	1.21%	12
2024 Q3	$245M	Hold	2,172,400	–	–	1.22%	14
2024 Q2	$233M	Hold	2,172,400	–	–	1.2%	14
2024 Q1	$237M	Hold	2,172,400	–	–	1.27%	11
2023 Q4	$240M	Sell	2,172,400 -925,000	-30%	-$96.3M	1.43%	10
2023 Q3	$316M	Hold	3,097,400	–	–	2.04%	6
2023 Q2	$335M	Hold	3,097,400	–	–	2.07%	6
2023 Q1	$340M	Hold	3,097,400	–	–	2.23%	4
2022 Q4	$327M	Hold	3,097,400	–	–	2.28%	5
2022 Q3	$317M	Hold	3,097,400	–	–	2.33%	5
2022 Q2	$341M	Sell	3,097,400 -484,000	-14%	-$54.6M	2.34%	5
2022 Q1	$433M	Buy	3,581,400 +897,500	+33%	+$112M	2.51%	7
2021 Q4	$356M	Sell	2,683,900 -943,000	-26%	-$125M	1.86%	8
2021 Q3	$482M	Buy	3,626,900 +368,600	+11%	+$49.8M	2.74%	4
2021 Q2	$438M	Buy	3,258,300 +704,400	+28%	+$92.9M	2.57%	5
2021 Q1	$332M	Buy	2,553,900 +583,400	+30%	+$77.6M	2.1%	5
2020 Q4	$272M	Hold	1,970,500	–	–	1.86%	5
2020 Q3	$265M	Buy	1,970,500 +604,500	+44%	+$82.4M	2.11%	5
2020 Q2	$184M	Buy	+1,366,000	New	+$178M	1.61%	5

Other funds holding LQD

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

MYLI

Meiji Yasuda Life Insurance Tokyo, Japan $2.93B AUM 4.27% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return

Financial Engines Advisors Santa Clara, California $49.2B AUM 14.31% 1-Year Est. Return

Wealthfront Advisers Palo Alto, California $45.6B AUM 18.83% 1-Year Est. Return

Prudential Financial Newark, New Jersey $81.2B AUM 27.81% 1-Year Est. Return

Barings Charlotte, North Carolina $6.19B AUM 16.5% 1-Year Est. Return

State of Michigan Retirement System's LQD Position: Q1 2026 in Review

State of Michigan Retirement System held its iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) position steady in Q1 2026 at 2,172,400 shares worth $237M. The position accounts for 1.25% of the portfolio, ranked #11.

State of Michigan Retirement System first reported a position in LQD in Q2 2020 and has held it in 24 quarters since. The position peaked at $482M in Q3 2021. 1,097 funds tracked by Wall St. Rank hold LQD as of Q1 2026.

State of Michigan Retirement System held 2,172,400 shares of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $237M as of Q1 2026.
State of Michigan Retirement System left its iShares iBoxx $ Investment Grade Corporate Bond ETF share count unchanged in Q1 2026.
iShares iBoxx $ Investment Grade Corporate Bond ETF made up 1.25% of State of Michigan Retirement System's portfolio in Q1 2026, its #11 holding.
State of Michigan Retirement System first reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020 and has held it in 24 quarters since.
State of Michigan Retirement System's iShares iBoxx $ Investment Grade Corporate Bond ETF position peaked at $482M in Q3 2021.
1,097 funds tracked by Wall St. Rank held iShares iBoxx $ Investment Grade Corporate Bond ETF as of Q1 2026.

Based on State of Michigan Retirement System's 13F filing for Q1 2026, filed 4 May 2026.