We are live on ! Find out more
SOMRS

State of Michigan Retirement System Portfolio holdings

AUM $22.6B
1-Year Est. Return 40.24%
This Fund
S&P 500
This Quarter Est. Return
+26.19%
1 Year Est. Return
+40.24%
3 Year Est. Return
+127.54%
5 Year Est. Return
+152.65%
10 Year Est. Return
+534.6%
AUM
$22.6B
AUM Growth
+$3.66B
Cap. Flow
+$818M
Cap. Flow %
3.62%
Top 10 Hldgs %
30.97%
Holding
975
New
34
Increased
149
Reduced
743
Closed
15

Top Buys

Rank Stock Value
1
HUBS icon
HubSpot
HUBS
+$226M
2
ADBE icon
Adobe
ADBE
+$125M
3
CHTR icon
Charter Communications
CHTR
+$107M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$98.8M
5
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$98.1M

Top Sells

Rank Stock Value
1
TDG icon
TransDigm Group
TDG
+$75.5M
2
XLV icon
State Street Health Care Select Sector SPDR ETF
XLV
+$59.3M
3
META icon
Meta Platforms (Facebook)
META
+$53.4M
4
CI icon
Cigna
CI
+$42M
5
INTC icon
Intel
INTC
+$34.1M

Sector Composition

Rank Sector Weight
1 Technology 36.61%
2 Financials 10.43%
3 Communication Services 9.47%
4 Healthcare 8.27%
5 Consumer Discretionary 8.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WMS icon
626
Advanced Drainage Systems
WMS
$11.5B
$2.64M 0.01%
16,800
-400
-2% -$57.2K
AYI icon
627
Acuity Brands
AYI
$10.7B
$2.63M 0.01%
6,994
-300
-4% -$88.9K
BEN icon
628
Franklin Resources
BEN
$17.7B
$2.61M 0.01%
78,537
-1,700
-2% -$50.9K
VIAV icon
629
Viavi Solutions
VIAV
$9.6B
$2.61M 0.01%
+54,700
New +$2.62M
SWKS icon
630
Skyworks Solutions
SWKS
$10.1B
$2.61M 0.01%
38,507
-400
-1% -$27.2K
BJ icon
631
BJs Wholesale Club
BJ
$12.3B
$2.6M 0.01%
29,815
-1,700
-5% -$156K
BMRN icon
632
BioMarin Pharmaceuticals
BMRN
$11.6B
$2.59M 0.01%
45,200
-1,000
-2% -$54.8K
CR icon
633
Crane Co
CR
$12.9B
$2.56M 0.01%
11,472
-300
-3% -$56.5K
ARW icon
634
Arrow Electronics
ARW
$11.6B
$2.56M 0.01%
11,975
-300
-2% -$59.9K
CG icon
635
Carlyle Group
CG
$17.9B
$2.55M 0.01%
60,600
-1,800
-3% -$84.5K
WTRG icon
636
Essential Utilities
WTRG
$11.2B
$2.54M 0.01%
66,371
-1,700
-2% -$64.9K
EGP icon
637
EastGroup Properties
EGP
$10.9B
$2.54M 0.01%
12,527
-300
-2% -$60.1K
WTFC icon
638
Wintrust Financial
WTFC
$10.9B
$2.53M 0.01%
15,763
-400
-2% -$60.2K
COKE icon
639
Coca-Cola Consolidated
COKE
$12.3B
$2.52M 0.01%
13,200
-400
-3% -$74.5K
SN icon
640
SharkNinja
SN
$25.8B
$2.51M 0.01%
+16,500
New +$1.98M
BXP icon
641
Boston Properties
BXP
$11.2B
$2.51M 0.01%
37,857
-700
-2% -$41.9K
WTS icon
642
Watts Water Technologies
WTS
$12.1B
$2.5M 0.01%
6,395
-200
-3% -$62.4K
JKHY icon
643
Jack Henry & Associates
JKHY
$11B
$2.5M 0.01%
18,172
-1,644
-8% -$233K
SF
644
Stifel
SF
$12.8B
$2.5M 0.01%
35,830
-900
-2% -$67.1K
DINO icon
645
HF Sinclair
DINO
$14.8B
$2.49M 0.01%
35,800
-1,800
-5% -$120K
FRT icon
646
Federal Realty Investment Trust
FRT
$10.5B
$2.48M 0.01%
20,124
-400
-2% -$46.5K
AMH icon
647
American Homes 4 Rent
AMH
$12.4B
$2.48M 0.01%
74,100
-4,400
-6% -$139K
NCLH icon
648
Norwegian Cruise Line
NCLH
$9.32B
$2.47M 0.01%
116,879
-1,400
-1% -$26.1K
BLDR icon
649
Builders FirstSource
BLDR
$8.16B
$2.46M 0.01%
27,500
-7,000
-20% -$559K
SCI icon
650
Service Corp International
SCI
$11.6B
$2.45M 0.01%
32,262
-1,200
-4% -$93.8K
24 25
26
27 28

Similar funds

FAM
Fred Alger Management New York $22.8B AUM 64.63% 1-Year Est. Return
BA
Bridgewater Associates Westport, Connecticut $22.4B AUM 34.48% 1-Year Est. Return
Tiger Global Management
Tiger Global Management New York $22.8B AUM 30.07% 1-Year Est. Return
AM
AGF Management Toronto, Ontario, Canada $22.3B AUM 46.42% 1-Year Est. Return
Capital Fund Management (CFM)
Capital Fund Management (CFM) Paris, France $22.1B AUM 20.49% 1-Year Est. Return
CAM
Cresset Asset Management Chicago, Illinois $23.1B AUM 27.04% 1-Year Est. Return
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM) Fort Worth, Texas $23.1B AUM 21.31% 1-Year Est. Return
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

State of Michigan Retirement System's Q2 2026 Portfolio in Review

As of Q2 2026, State of Michigan Retirement System held 975 positions worth $22.6B, up 19% from $18.9B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

State of Michigan Retirement System deployed $818M of net new capital in Q2 2026, opening 34 new positions and adding to 149 existing holdings. Its largest new stake was iShares Securitized Income Active ETF: 1,900,000 shares worth $94.7M.

By sector, the portfolio is most concentrated in Technology at 37% of assets, up from 32% a quarter earlier, followed by Financials and Communication Services.

On the sell side, the largest reduction was TransDigm Group, an estimated $75.5M trimmed.

  • State of Michigan Retirement System's largest Q2 2026 buy was iShares Securitized Income Active ETF: 1,900,000 shares worth $94.7M.
  • State of Michigan Retirement System added most to HubSpot in Q2 2026, an estimated $226M increase.
  • State of Michigan Retirement System's biggest Q2 2026 reduction was TransDigm Group, cutting an estimated $75.5M.
  • State of Michigan Retirement System fully exited State Street Health Care Select Sector SPDR ETF in Q2 2026, selling an estimated $59.3M.
  • State of Michigan Retirement System's ten largest holdings make up 31% of its $22.6B portfolio in Q2 2026.
  • State of Michigan Retirement System opened 34 new positions and closed 15 in Q2 2026.
  • State of Michigan Retirement System's portfolio value rose 19% quarter-over-quarter to $22.6B.

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