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State of Michigan Retirement System’s iShares MSCI USA Momentum Factor ETF MTUM Stock Holding History

State of Michigan Retirement System’s Portfolio MTUM Stock Details MTUM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$322M Buy
1,340,090
+52,800
+4% +$13.3M 1.7% 9
2025
Q4 		$322M Buy
1,287,290
+63,800
+5% +$16M 1.57% 11
2025
Q3 		$314M Buy
1,223,490
+17,400
+1% +$4.26M 1.51% 11
2025
Q2 		$290M Sell
1,206,090
-89,000
-7% -$19.4M 1.5% 9
2025
Q1 		$262M Buy
1,295,090
+4,200
+0.3% +$898K 1.51% 9
2024
Q4 		$267M Sell
1,290,890
-17,600
-1% -$3.69M 1.39% 11
2024
Q3 		$265M Buy
1,308,490
+14,900
+1% +$2.89M 1.32% 11
2024
Q2 		$252M Sell
1,293,590
-107,650
-8% -$20.1M 1.3% 11
2024
Q1 		$263M Sell
1,401,240
-75,200
-5% -$13.1M 1.41% 10
2023
Q4 		$232M Sell
1,476,440
-6,500
-0.4% -$954K 1.38% 11
2023
Q3 		$207M Sell
1,482,940
-333,300
-18% -$48.1M 1.34% 11
2023
Q2 		$262M Sell
1,816,240
-62,000
-3% -$8.72M 1.62% 9
2023
Q1 		$261M Buy
1,878,240
+102,106
+6% +$14.4M 1.72% 7
2022
Q4 		$259M Buy
1,776,134
+2,900
+0.2% +$421K 1.81% 7
2022
Q3 		$233M Sell
1,773,234
-36,200
-2% -$5.08M 1.71% 9
2022
Q2 		$247M Buy
1,809,434
+59,684
+3% +$8.76M 1.69% 8
2022
Q1 		$294M Buy
1,749,750
+97,300
+6% +$16M 1.7% 11
2021
Q4 		$300M Buy
1,652,450
+6,910
+0.4% +$1.27M 1.57% 11
2021
Q3 		$289M Buy
1,645,540
+910,050
+124% +$162M 1.64% 10
2021
Q2 		$128M Sell
735,490
-9,200
-1% -$1.56M 0.75% 25
2021
Q1 		$120M Buy
744,690
+62,590
+9% +$10.3M 0.76% 26
2020
Q4 		$110M Buy
682,100
+36,800
+6% +$5.64M 0.75% 26
2020
Q3 		$95.1M Buy
+645,300
New +$92.2M 0.76% 28

Other funds holding MTUM

Envestnet Asset Management
Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return
Mercer Global Advisors
Mercer Global Advisors Denver, Colorado $67.6B AUM 18.3% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
LPL Financial
LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return
Raymond James Financial
Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Ameriprise
Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return
BTI
Blue Trust Inc Alpharetta, Georgia $9.54B AUM 19.86% 1-Year Est. Return
Cerity Partners
Cerity Partners New York $70.8B AUM 21.68% 1-Year Est. Return

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

State of Michigan Retirement System increased its iShares MSCI USA Momentum Factor ETF (MTUM) stake by 4.1% in Q1 2026, buying an estimated $13.3M and bringing the position to 1,340,090 shares worth $322M. The position accounts for 1.7% of the portfolio, ranked #9.

State of Michigan Retirement System first reported a position in MTUM in Q3 2020 and has held it in 23 quarters since. The position peaked at $322M in Q4 2025. 1,051 funds tracked by Wall St. Rank hold MTUM as of Q1 2026.

  • State of Michigan Retirement System held 1,340,090 shares of iShares MSCI USA Momentum Factor ETF worth $322M as of Q1 2026.
  • State of Michigan Retirement System bought 52,800 iShares MSCI USA Momentum Factor ETF shares in Q1 2026, an estimated $13.3M.
  • iShares MSCI USA Momentum Factor ETF made up 1.7% of State of Michigan Retirement System's portfolio in Q1 2026, its #9 holding.
  • State of Michigan Retirement System first reported a position in iShares MSCI USA Momentum Factor ETF in Q3 2020 and has held it in 23 quarters since.
  • State of Michigan Retirement System's iShares MSCI USA Momentum Factor ETF position peaked at $322M in Q4 2025.
  • 1,051 funds tracked by Wall St. Rank held iShares MSCI USA Momentum Factor ETF as of Q1 2026.

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