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
+14.11%
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
$18.6B
AUM Growth
+$1.79B
Cap. Flow
+$12.3M
Cap. Flow %
0.07%
Top 10 Hldgs %
34.69%
Holding
974
New
16
Increased
601
Reduced
158
Closed
19

Top Buys

Rank Stock Value
1
NEE icon
NextEra Energy
NEE
+$132M
2
MBB icon
iShares MBS ETF
MBB
+$94.8M
3
BMY icon
Bristol-Myers Squibb
BMY
+$66.2M
4
SMCI icon
Super Micro Computer
SMCI
+$40.2M
5
MSFT icon
Microsoft
MSFT
+$40.2M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$117M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$97M
3
PANW icon
Palo Alto Networks
PANW
+$66.1M
4
APO icon
Apollo Global Management
APO
+$52.8M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$32.1M

Sector Composition

Rank Sector Weight
1 Technology 26.33%
2 Financials 10.76%
3 Communication Services 10.57%
4 Healthcare 9.84%
5 Consumer Discretionary 8.58%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CCI icon
226
Crown Castle
CCI
$31.3B
$12.6M 0.07%
118,852
– –
ALL icon
227
Allstate
ALL
$68.2B
$12.4M 0.07%
71,889
+200
+0.3% +$31.6K
AEP icon
228
American Electric Power
AEP
$66.9B
$12.4M 0.07%
144,058
+100
+0.1% +$8.13K
SHOP icon
229
Shopify
SHOP
$200B
$12.3M 0.07%
160,000
– –
O icon
230
Realty Income
O
$58.6B
$12.3M 0.07%
227,848
+29,700
+15% +$1.61M
LHX icon
231
L3Harris
LHX
$54B
$12.2M 0.07%
57,130
– –
CTSH icon
232
Cognizant
CTSH
$26.3B
$12.1M 0.07%
165,523
-800
-0.5% -$61.1K
A icon
233
Agilent Technologies
A
$42B
$12.1M 0.07%
83,181
+200
+0.2% +$27.4K
CMI icon
234
Cummins
CMI
$87.4B
$12.1M 0.07%
41,037
-1,500
-4% -$387K
KR icon
235
Kroger
KR
$34.6B
$12M 0.06%
210,887
+200
+0.1% +$9.85K
STZ icon
236
Constellation Brands
STZ
$22.8B
$12M 0.06%
44,058
-200
-0.5% -$50.6K
D icon
237
Dominion Energy
D
$59.1B
$12M 0.06%
243,067
+200
+0.1% +$9.34K
DLR icon
238
Digital Realty Trust
DLR
$70.8B
$12M 0.06%
82,981
+100
+0.1% +$14.1K
KMB icon
239
Kimberly-Clark
KMB
$35.9B
$11.9M 0.06%
92,316
-200
-0.2% -$24.6K
DOW icon
240
Dow Inc
DOW
$22.1B
$11.8M 0.06%
204,211
+400
+0.2% +$22.1K
PLTR icon
241
Palantir
PLTR
$421B
$11.8M 0.06%
513,000
– –
PAYX icon
242
Paychex
PAYX
$43.1B
$11.8M 0.06%
96,077
-300
-0.3% -$36.4K
OXY icon
243
Occidental Petroleum
OXY
$58.6B
$11.7M 0.06%
180,339
-400
-0.2% -$23.9K
FANG icon
244
Diamondback Energy
FANG
$55.7B
$11.6M 0.06%
58,663
+100
+0.2% +$17K
HUM icon
245
Humana
HUM
$46.3B
$11.6M 0.06%
33,525
-200
-0.6% -$75.8K
AME icon
246
Ametek
AME
$58B
$11.6M 0.06%
63,253
+100
+0.2% +$17.2K
GPN icon
247
Global Payments
GPN
$22.8B
$11.5M 0.06%
86,378
– –
CSGP icon
248
CoStar Group
CSGP
$12.8B
$11.5M 0.06%
119,500
+100
+0.1% +$8.61K
HES
249
DELISTED
Hess
HES
$11.5M 0.06%
75,441
-200
-0.3% -$29K
NEM icon
250
Newmont
NEM
$124B
$11.3M 0.06%
315,745
+200
+0.1% +$6.89K
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
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
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return
IC
IEQ Capital Foster City, California $21.5B AUM 75.26% 1-Year Est. Return

State of Michigan Retirement System's Q1 2024 Portfolio in Review

As of Q1 2024, State of Michigan Retirement System held 974 positions worth $18.6B, up 11% from $16.8B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Trading was light in Q1 2024: portfolio turnover was 3.6%. State of Michigan Retirement System opened 16 new positions and exited 19, leaving the 974-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Communication Services.

  • State of Michigan Retirement System's largest Q1 2024 buy was Arm: 228,200 shares worth $28.5M.
  • State of Michigan Retirement System added most to NextEra Energy in Q1 2024, an estimated $132M increase.
  • State of Michigan Retirement System's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $117M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q1 2024, selling an estimated $97M.
  • State of Michigan Retirement System's ten largest holdings make up 35% of its $18.6B portfolio in Q1 2024.
  • State of Michigan Retirement System opened 16 new positions and closed 19 in Q1 2024.
  • State of Michigan Retirement System's portfolio value rose 11% quarter-over-quarter to $18.6B.

Based on State of Michigan Retirement System's 13F filing for Q1 2024, filed 18 Apr 2024.