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State of Michigan Retirement System’s iShares MSCI USA Quality Factor ETF QUAL Stock Holding History

State of Michigan Retirement System’s Portfolio QUAL Stock Details QUAL Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$92.1M Buy
419,649
+95,100
+29% +$19.9M 0.41% 44
2026
Q1 		$62.3M Buy
324,549
+79,500
+32% +$15.9M 0.33% 57
2025
Q4 		$48.7M Sell
245,049
-1,300
-0.5% -$255K 0.24% 76
2025
Q3 		$47.9M Buy
246,349
+26,000
+12% +$4.88M 0.23% 76
2025
Q2 		$40.3M Buy
220,349
+62,599
+40% +$10.8M 0.21% 89
2025
Q1 		$27M Sell
157,750
-100
-0.1% -$17.9K 0.16% 126
2024
Q4 		$28.1M Buy
157,850
+33,200
+27% +$6.03M 0.15% 118
2024
Q3 		$22.3M Buy
124,650
+6,300
+5% +$1.09M 0.11% 141
2024
Q2 		$20.2M Sell
118,350
-116,600
-50% -$19.1M 0.1% 149
2024
Q1 		$38.6M Buy
234,950
+19,000
+9% +$2.97M 0.21% 81
2023
Q4 		$31.8M Buy
215,950
+20,800
+11% +$2.88M 0.19% 94
2023
Q3 		$25.7M Sell
195,150
-12,150
-6% -$1.66M 0.17% 111
2023
Q2 		$28M Sell
207,300
-215,000
-51% -$27.3M 0.17% 110
2023
Q1 		$52.4M Sell
422,300
-40,050
-9% -$4.81M 0.34% 51
2022
Q4 		$52.7M Buy
462,350
+75,050
+19% +$8.51M 0.37% 51
2022
Q3 		$40.3M Buy
387,300
+22,400
+6% +$2.62M 0.3% 62
2022
Q2 		$40.8M Buy
364,900
+165,350
+83% +$20.2M 0.28% 69
2022
Q1 		$26.9M Buy
199,550
+42,917
+27% +$5.7M 0.16% 110
2021
Q4 		$22.8M Sell
156,633
-1,197,465
-88% -$169M 0.12% 135
2021
Q3 		$178M Buy
1,354,098
+1,269,248
+1,496% +$175M 1.01% 16
2021
Q2 		$11.3M Buy
84,850
+19,250
+29% +$2.47M 0.07% 233
2021
Q1 		$7.99M Buy
65,600
+20,100
+44% +$2.37M 0.05% 285
2020
Q4 		$5.29M Buy
45,500
+42,700
+1,525% +$4.7M 0.04% 357
2020
Q3 		$290K Buy
+2,800
New +$287K ﹤0.01% 948

Other funds holding QUAL

Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
LPL Financial
LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Envestnet Asset Management
Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return
PNC Financial Services Group
PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return
Ameriprise
Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return
Cerity Partners
Cerity Partners New York $82.7B AUM 28.53% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

State of Michigan Retirement System's QUAL Position: Q2 2026 in Review

State of Michigan Retirement System increased its iShares MSCI USA Quality Factor ETF (QUAL) stake by 29% in Q2 2026, buying an estimated $19.9M and bringing the position to 419,649 shares worth $92.1M. The position accounts for 0.41% of the portfolio, ranked #44.

State of Michigan Retirement System first reported a position in QUAL in Q3 2020 and has held it in 24 quarters since. The position peaked at $178M in Q3 2021. 1,633 funds tracked by Wall St. Rank hold QUAL as of Q2 2026.

  • State of Michigan Retirement System held 419,649 shares of iShares MSCI USA Quality Factor ETF worth $92.1M as of Q2 2026.
  • State of Michigan Retirement System bought 95,100 iShares MSCI USA Quality Factor ETF shares in Q2 2026, an estimated $19.9M.
  • iShares MSCI USA Quality Factor ETF made up 0.41% of State of Michigan Retirement System's portfolio in Q2 2026, its #44 holding.
  • State of Michigan Retirement System first reported a position in iShares MSCI USA Quality Factor ETF in Q3 2020 and has held it in 24 quarters since.
  • State of Michigan Retirement System's iShares MSCI USA Quality Factor ETF position peaked at $178M in Q3 2021.
  • 1,633 funds tracked by Wall St. Rank held iShares MSCI USA Quality Factor ETF as of Q2 2026.

Based on State of Michigan Retirement System's 13F filing for Q2 2026, filed 30 Jul 2026.