State of Michigan Retirement System’s Warner Music WMG Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$926K	Sell	34,200 -1,200	-3%	-$35.7K	﹤0.01%	894
2026 Q1	$904K	Buy	35,400 +900	+3%	+$25.5K	﹤0.01%	875
2025 Q4	$1.06M	Sell	34,500 -200	-0.6%	-$6.11K	0.01%	842
2025 Q3	$1.18M	Sell	34,700 -400	-1%	-$12.8K	0.01%	817
2025 Q2	$956K	Buy	35,100 +400	+1%	+$11.2K	0.01%	851
2025 Q1	$1.09M	Buy	34,700 +1,200	+4%	+$39K	0.01%	822
2024 Q4	$1.04M	Sell	33,500 -100	-0.3%	-$3.2K	0.01%	843
2024 Q3	$1.05M	Sell	33,600 -500	-1%	-$14.8K	0.01%	846
2024 Q2	$1.05M	Buy	+34,100	New	+$1.09M	0.01%	820

Other funds holding WMG

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Cooke & Bieler Philadelphia, Pennsylvania $8.65B AUM 9.66% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

Walleye Capital New York $28B AUM 44.22% 1-Year Est. Return

Perpetual Ltd Sydney, New South Wales, Australia $7B AUM 19.75% 1-Year Est. Return

AssetMark Inc Concord, California $58.2B AUM 22.78% 1-Year Est. Return

CEI

Clark Estates Inc New York $434M AUM 15% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $178B AUM 37.23% 1-Year Est. Return

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

State of Michigan Retirement System reduced its Warner Music (WMG) stake by 3.4% in Q2 2026, selling an estimated $35.7K and leaving 34,200 shares worth $926K. The position accounts for ﹤0.01% of the portfolio, ranked #894.

State of Michigan Retirement System first reported a position in WMG in Q2 2024 and has held it in 9 quarters since. The position peaked at $1.18M in Q3 2025. 159 funds tracked by Wall St. Rank hold WMG as of Q2 2026.

State of Michigan Retirement System held 34,200 shares of Warner Music worth $926K as of Q2 2026.
State of Michigan Retirement System sold 1,200 Warner Music shares in Q2 2026, an estimated $35.7K.
Warner Music made up ﹤0.01% of State of Michigan Retirement System's portfolio in Q2 2026, its #894 holding.
State of Michigan Retirement System first reported a position in Warner Music in Q2 2024 and has held it in 9 quarters since.
State of Michigan Retirement System's Warner Music position peaked at $1.18M in Q3 2025.
159 funds tracked by Wall St. Rank held Warner Music as of Q2 2026.

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