State of Michigan Retirement System’s NVIDIA NVDA Stock Holding History
Bought
Maintained
Sold
| Quarter | Market Value | Status | Shares |
Change in Stake | Trade Value | Portfolio Weight | Portfolio Position | |
|---|---|---|---|---|---|---|---|---|
|
2026
Q1 | $1.26B | Sell |
7,244,460
-815,800
| -10% | -$150M | 6.67% | 1 |
|
|
2025
Q4 | $1.5B | Sell |
8,060,260
-298,700
| -4% | -$55.6M | 7.31% | 1 |
|
|
2025
Q3 | $1.56B | Sell |
8,358,960
-81,200
| -1% | -$14.2M | 7.5% | 1 |
|
|
2025
Q2 | $1.33B | Sell |
8,440,160
-5,400
| -0.1% | -$680K | 6.9% | 1 |
|
|
2025
Q1 | $915M | Sell |
8,445,560
-14,000
| -0.2% | -$1.77M | 5.28% | 2 |
|
|
2024
Q4 | $1.14B | Sell |
8,459,560
-255,100
| -3% | -$35.2M | 5.91% | 2 |
|
|
2024
Q3 | $1.06B | Sell |
8,714,660
-136,200
| -2% | -$16.1M | 5.25% | 2 |
|
|
2024
Q2 | $1.09B | Sell |
8,850,860
-204,200
| -2% | -$20.6M | 5.62% | 3 |
|
|
2024
Q1 | $818M | Buy |
9,055,060
+5,000
| +0.1% | +$362K | 4.4% | 3 |
|
|
2023
Q4 | $448M | Sell |
9,050,060
-36,000
| -0.4% | -$1.67M | 2.67% | 5 |
|
|
2023
Q3 | $395M | Buy |
9,086,060
+19,000
| +0.2% | +$851K | 2.56% | 4 |
|
|
2023
Q2 | $384M | Buy |
9,067,060
+1,049,000
| +13% | +$34.8M | 2.37% | 4 |
|
|
2023
Q1 | $223M | Sell |
8,018,060
-11,000
| -0.1% | -$238K | 1.46% | 10 |
|
|
2022
Q4 | $117M | Sell |
8,029,060
-810,000
| -9% | -$11.9M | 0.82% | 18 |
|
|
2022
Q3 | $107M | Sell |
8,839,060
-979,180
| -10% | -$15.5M | 0.79% | 16 |
|
|
2022
Q2 | $149M | Buy |
9,818,240
+973,180
| +11% | +$18.4M | 1.02% | 15 |
|
|
2022
Q1 | $241M | Buy |
8,845,060
+452,020
| +5% | +$11.3M | 1.4% | 12 |
|
|
2021
Q4 | $247M | Sell |
8,393,040
-31,800
| -0.4% | -$875K | 1.29% | 13 |
|
|
2021
Q3 | $175M | Sell |
8,424,840
-6,000
| -0.1% | -$125K | 0.99% | 17 |
|
|
2021
Q2 | $169M | Buy |
8,430,840
+8,000
| +0.1% | +$128K | 0.99% | 14 |
|
|
2021
Q1 | $112M | Buy |
8,422,840
+596,000
| +8% | +$8.01M | 0.71% | 29 |
|
|
2020
Q4 | $102M | Buy |
7,826,840
+1,528,000
| +24% | +$20.5M | 0.7% | 29 |
|
|
2020
Q3 | $85.2M | Buy |
6,298,840
+16,000
| +0.3% | +$186K | 0.68% | 30 |
|
|
2020
Q2 | $59.7M | Buy |
6,282,840
+651,160
| +12% | +$5.27M | 0.52% | 43 |
|
|
2020
Q1 | $37.1M | Sell |
5,631,680
-288,000
| -5% | -$1.82M | 0.41% | 58 |
|
|
2019
Q4 | $34.8M | Buy |
5,919,680
+64,000
| +1% | +$333K | 0.29% | 90 |
|
|
2019
Q3 | $25.5M | Buy |
5,855,680
+24,000
| +0.4% | +$101K | 0.23% | 105 |
|
|
2019
Q2 | $23.9M | Sell |
5,831,680
-1,152,000
| -16% | -$4.77M | 0.22% | 110 |
|
|
2019
Q1 | $31.4M | Hold |
6,983,680
| – | – | 0.25% | 95 |
|
|
2018
Q4 | $23.3M | Sell |
6,983,680
-264,000
| -4% | -$1.26M | 0.21% | 108 |
|
|
2018
Q3 | $50.9M | Buy |
7,247,680
+60,000
| +0.8% | +$390K | 0.37% | 63 |
|
|
2018
Q2 | $42.6M | Buy |
7,187,680
+64,000
| +0.9% | +$389K | 0.34% | 67 |
|
|
2018
Q1 | $41.2M | Buy |
7,123,680
+20,000
| +0.3% | +$117K | 0.33% | 70 |
|
|
2017
Q4 | $34.4M | Sell |
7,103,680
-180,000
| -2% | -$894K | 0.27% | 79 |
|
|
2017
Q3 | $32.6M | Sell |
7,283,680
-540,000
| -7% | -$2.25M | 0.26% | 79 |
|
|
2017
Q2 | $28.3M | Sell |
7,823,680
-9,916,000
| -56% | -$31.5M | 0.21% | 93 |
|
|
2017
Q1 | $48.3M | Buy |
17,739,680
+1,288,000
| +8% | +$3.43M | 0.37% | 61 |
|
|
2016
Q4 | $43.9M | Buy |
16,451,680
+8,983,360
| +120% | +$18.8M | 0.35% | 63 |
|
|
2016
Q3 | $12.8M | Buy |
7,468,320
+420,000
| +6% | +$620K | 0.1% | 163 |
|
|
2016
Q2 | $8.28M | Buy |
7,048,320
+8,000
| +0.1% | +$8.25K | 0.06% | 241 |
|
|
2016
Q1 | $6.27M | Buy |
7,040,320
+48,000
| +0.7% | +$36.6K | 0.05% | 287 |
|
|
2015
Q4 | $5.76M | Sell |
6,992,320
-400,000
| -5% | -$301K | 0.04% | 303 |
|
|
2015
Q3 | $4.56M | Sell |
7,392,320
-536,000
| -7% | -$290K | 0.04% | 353 |
|
|
2015
Q2 | $3.99M | Sell |
7,928,320
-40,000
| -0.5% | -$21.7K | 0.03% | 438 |
|
|
2015
Q1 | $4.17M | Sell |
7,968,320
-540,000
| -6% | -$287K | 0.03% | 434 |
|
|
2014
Q4 | $4.26M | Buy |
8,508,320
+68,000
| +0.8% | +$33.1K | 0.03% | 427 |
|
|
2014
Q3 | $3.89M | Sell |
8,440,320
-704,000
| -8% | -$332K | 0.03% | 449 |
|
|
2014
Q2 | $4.24M | Buy |
9,144,320
+96,000
| +1% | +$44.8K | 0.03% | 433 |
|
|
2014
Q1 | $4.05M | Sell |
9,048,320
-360,000
| -4% | -$154K | 0.03% | 431 |
|
|
2013
Q4 | $3.77M | Sell |
9,408,320
-4,000
| -0% | -$1.55K | 0.03% | 439 |
|
|
2013
Q3 | $3.66M | Buy |
9,412,320
+24,000
| +0.3% | +$8.92K | 0.03% | 428 |
|
|
2013
Q2 | $3.29M | Buy |
+9,388,320
| New | +$3.24M | 0.03% | 432 |
|
Other funds holding NVDA
VCM
VPM
State of Michigan Retirement System's NVDA Position: Q1 2026 in Review
State of Michigan Retirement System reduced its NVIDIA (NVDA) stake by 10% in Q1 2026, selling an estimated $150M and leaving 7,244,460 shares worth $1.26B. The position accounts for 6.67% of the portfolio, ranked #1.
State of Michigan Retirement System first reported a position in NVDA in Q2 2013 and has held it in 52 quarters since. The position peaked at $1.56B in Q3 2025. 5,828 funds tracked by Wall St. Rank hold NVDA as of Q1 2026.
- State of Michigan Retirement System held 7,244,460 shares of NVIDIA worth $1.26B as of Q1 2026.
- State of Michigan Retirement System sold 815,800 NVIDIA shares in Q1 2026, an estimated $150M.
- NVIDIA made up 6.67% of State of Michigan Retirement System's portfolio in Q1 2026, its #1 holding.
- State of Michigan Retirement System first reported a position in NVIDIA in Q2 2013 and has held it in 52 quarters since.
- State of Michigan Retirement System's NVIDIA position peaked at $1.56B in Q3 2025.
- 5,828 funds tracked by Wall St. Rank held NVIDIA as of Q1 2026.
Based on State of Michigan Retirement System's 13F filing for Q1 2026, filed 4 May 2026.