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
-6.5%
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
$12.9B
AUM Growth
-$1.46B
Cap. Flow
-$408M
Cap. Flow %
-3.16%
Top 10 Hldgs %
25.01%
Holding
989
New
34
Increased
178
Reduced
623
Closed
31

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$264M
2
UNP icon
Union Pacific
UNP
+$160M
3
PCG icon
PG&E
PCG
+$112M
4
GILD icon
Gilead Sciences
GILD
+$98.8M
5
PYPL icon
PayPal
PYPL
+$90.9M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$204M
2
USB icon
US Bancorp
USB
+$192M
3
EG icon
Everest Group
EG
+$151M
4
AZO icon
AutoZone
AZO
+$135M
5
VZ icon
Verizon
VZ
+$88.5M

Sector Composition

Rank Sector Weight
1 Financials 19.02%
2 Healthcare 14.57%
3 Technology 12.45%
4 Industrials 9.73%
5 Consumer Discretionary 9.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PRGO icon
226
Perrigo
PRGO
$1.78B
$8.31M 0.06%
52,814
-3,900
-7% -$715K
CCL icon
227
Carnival Corporation Ltd
CCL
$39.7B
$8.29M 0.06%
166,860
-8,100
-5% -$412K
SRE icon
228
Sempra
SRE
$54.8B
$8.21M 0.06%
169,788
-10,800
-6% -$531K
BHI
229
DELISTED
Baker Hughes
BHI
$8.19M 0.06%
157,329
-11,300
-7% -$631K
DFS
230
DELISTED
Discover Financial Services
DFS
$8.18M 0.06%
157,335
-14,300
-8% -$784K
EPD icon
231
Enterprise Products Partners
EPD
$81.7B
$8.12M 0.06%
326,000
+30,000
+10% +$832K
AZO icon
232
AutoZone
AZO
$51.1B
$8.09M 0.06%
11,172
-190,395
-94% -$135M
CMG icon
233
Chipotle Mexican Grill
CMG
$41.5B
$8.03M 0.06%
557,400
-45,000
-7% -$640K
MHFI
234
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
$8.02M 0.06%
92,657
-12,800
-12% -$1.26M
BSX icon
235
Boston Scientific
BSX
$71.5B
$7.96M 0.06%
485,136
-34,800
-7% -$595K
PPL
236
PPL Corp
PPL
$26.7B
$7.95M 0.06%
241,850
-17,300
-7% -$541K
J icon
237
Jacobs Solutions
J
$17B
$7.94M 0.06%
256,412
-173,970
-40% -$5.82M
SYY icon
238
Sysco
SYY
$40.3B
$7.82M 0.06%
200,559
-29,700
-13% -$1.13M
STZ icon
239
Constellation Brands
STZ
$23.2B
$7.77M 0.06%
62,023
-3,700
-6% -$456K
DG icon
240
Dollar General
DG
$27.9B
$7.71M 0.06%
106,442
-8,800
-8% -$672K
PEG icon
241
Public Service Enterprise Group
PEG
$37.7B
$7.7M 0.06%
182,630
-13,600
-7% -$555K
GLNG icon
242
Golar LNG
GLNG
$5.13B
$7.67M 0.06%
275,000
+65,000
+31% +$2.52M
EA
243
DELISTED
Electronic Arts
EA
$7.63M 0.06%
112,582
-8,000
-7% -$561K
GLW icon
244
Corning
GLW
$143B
$7.59M 0.06%
443,321
-44,800
-9% -$806K
WM icon
245
Waste Management
WM
$91B
$7.57M 0.06%
152,018
-13,100
-8% -$653K
BEN icon
246
Franklin Resources
BEN
$17.2B
$7.44M 0.06%
199,632
+48,400
+32% +$2.1M
EIX icon
247
Edison International
EIX
$26.4B
$7.42M 0.06%
117,596
-8,800
-7% -$523K
MNST icon
248
Monster Beverage
MNST
$88.5B
$7.4M 0.06%
328,428
-13,200
-4% -$309K
PLD icon
249
Prologis
PLD
$133B
$7.36M 0.06%
189,313
-13,900
-7% -$544K
FISV
250
Fiserv Inc
FISV
$27.9B
$7.33M 0.06%
169,352
-14,400
-8% -$623K
8 9
10
11 12

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 Q3 2015 Portfolio in Review

As of Q3 2015, State of Michigan Retirement System held 989 positions worth $12.9B, down 10% from $14.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Michigan Retirement System withdrew a net $408M in Q3 2015, closing 31 positions and reducing 623 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $204M position sold in full.

By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.

Against the trend, State of Michigan Retirement System opened a new position in PayPal worth $78.8M.

  • State of Michigan Retirement System's largest Q3 2015 buy was PayPal: 2,537,386 shares worth $78.8M.
  • State of Michigan Retirement System added most to State Street SPDR S&P 500 ETF Trust in Q3 2015, an estimated $264M increase.
  • State of Michigan Retirement System's biggest Q3 2015 reduction was US Bancorp, cutting an estimated $192M.
  • State of Michigan Retirement System fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $204M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.9B portfolio in Q3 2015.
  • State of Michigan Retirement System opened 34 new positions and closed 31 in Q3 2015.
  • State of Michigan Retirement System's portfolio value fell 10% quarter-over-quarter to $12.9B.

Based on State of Michigan Retirement System's 13F filing for Q3 2015, filed 30 Oct 2015.