We are live on ! Find out more
SOMRS

State of Michigan Retirement System Portfolio holdings

AUM $18.9B
1-Year Est. Return 27.96%
This Fund
S&P 500
This Quarter Est. Return
-2.31%
1 Year Est. Return
+27.96%
3 Year Est. Return
+96.72%
5 Year Est. Return
+118.4%
10 Year Est. Return
+412.12%
AUM
$18.9B
AUM Growth
-$1.63B
Cap. Flow
-$623M
Cap. Flow %
-3.29%
Top 10 Hldgs %
32.18%
Holding
956
New
21
Increased
397
Reduced
417
Closed
15

Top Buys

Rank Stock Value
1
ADBE icon
Adobe
ADBE
+$193M
2
CHTR icon
Charter Communications
CHTR
+$87.8M
3
DUOL icon
Duolingo
DUOL
+$78M
4
KR icon
Kroger
KR
+$60.4M
5
FDS icon
Factset
FDS
+$47.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$414M
2
NVDA icon
NVIDIA
NVDA
+$150M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$103M
4
AAPL icon
Apple
AAPL
+$73.7M
5
MSFT icon
Microsoft
MSFT
+$73.6M

Sector Composition

Rank Sector Weight
1 Technology 31.88%
2 Financials 11.62%
3 Communication Services 10.41%
4 Consumer Discretionary 9.06%
5 Healthcare 8.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EA icon
251
Electronic Arts
EA
$52.4B
$12.5M 0.07%
61,454
+100
+0.2% +$20.2K
VST icon
252
Vistra
VST
$55.1B
$12.5M 0.07%
83,200
-200
-0.2% -$32.4K
WAB icon
253
Wabtec
WAB
$51.1B
$12.4M 0.07%
49,516
-200
-0.4% -$48.4K
XEL icon
254
Xcel Energy
XEL
$51B
$12.3M 0.06%
154,494
-400
-0.3% -$31.4K
BDX icon
255
Becton Dickinson
BDX
$43.1B
$12.2M 0.06%
77,788
-700
-0.9% -$129K
GRMN
256
Garmin
GRMN
$46.9B
$12.2M 0.06%
52,597
-100
-0.2% -$22.4K
DAL icon
257
Delta Air Lines
DAL
$55.9B
$12.2M 0.06%
183,403
-100
-0.1% -$6.73K
TER icon
258
Teradyne
TER
$54.8B
$12.1M 0.06%
40,935
-100
-0.2% -$27.9K
ADM icon
259
Archer Daniels Midland
ADM
$41.4B
$11.9M 0.06%
163,741
-300
-0.2% -$20.3K
SHOP icon
260
Shopify
SHOP
$148B
$11.8M 0.06%
99,800
-17,400
-15% -$2.29M
PSA icon
261
Public Storage
PSA
$60.2B
$11.8M 0.06%
43,621
-100
-0.2% -$28.7K
PCG icon
262
PG&E
PCG
$47.8B
$11.8M 0.06%
671,560
-1,200
-0.2% -$20.4K
HPE icon
263
Hewlett Packard
HPE
$63.2B
$11.8M 0.06%
493,981
+1,700
+0.3% +$37.7K
COHR icon
264
Coherent
COHR
$55.2B
$11.7M 0.06%
49,000
+11,894
+32% +$2.72M
CVNA icon
265
Carvana
CVNA
$43.3B
$11.6M 0.06%
184,500
-500
-0.3% -$37.1K
CARR icon
266
Carrier Global
CARR
$57.2B
$11.6M 0.06%
205,225
-2,000
-1% -$118K
RSG icon
267
Republic Services
RSG
$66.7B
$11.5M 0.06%
52,587
-100
-0.2% -$21.9K
FITB
268
Fifth Third Bancorp
FITB
$52B
$11.4M 0.06%
246,416
+62,100
+34% +$3.06M
AIG icon
269
American International
AIG
$41.9B
$11.4M 0.06%
151,967
-1,100
-0.7% -$84.2K
PYPL icon
270
PayPal
PYPL
$49.5B
$11.3M 0.06%
250,192
-4,500
-2% -$217K
ATO icon
271
Atmos Energy
ATO
$29.9B
$11.3M 0.06%
61,210
+1,200
+2% +$212K
YUM icon
272
Yum! Brands
YUM
$41B
$11.3M 0.06%
72,514
-200
-0.3% -$31.7K
ED icon
273
Consolidated Edison
ED
$41.6B
$11.2M 0.06%
99,342
-300
-0.3% -$32.5K
DVN icon
274
Devon Energy
DVN
$51.9B
$11.1M 0.06%
220,991
-2,200
-1% -$94.3K
MET icon
275
MetLife
MET
$61B
$11.1M 0.06%
156,556
-1,100
-0.7% -$82.4K
9 10
11
12 13

Similar funds

BPA
Beacon Pointe Advisors Newport Beach, California $18.9B AUM 18.9% 1-Year Est. Return
NAM
Nissay Asset Management Tokyo, Japan $18.9B AUM 27.21% 1-Year Est. Return
JAM
Jupiter Asset Management London, United Kingdom $18.8B AUM 29.2% 1-Year Est. Return
LF
Lansforsakringar Fondforvaltning Stockholm, Sweden $19.1B AUM 26.9% 1-Year Est. Return
A
AustralianSuper Melbourne, Australia $19.2B AUM 31.95% 1-Year Est. Return
BBHC
Brown Brothers Harriman & Co New York $18.6B AUM 15.81% 1-Year Est. Return
CS
Candriam SCA Strassen, Luxembourg, Luxembourg $19.3B AUM 39.18% 1-Year Est. Return
PCM
Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return

State of Michigan Retirement System's Q1 2026 Portfolio in Review

As of Q1 2026, State of Michigan Retirement System held 956 positions worth $18.9B, down 7.9% from $20.6B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

State of Michigan Retirement System withdrew a net $623M in Q1 2026, closing 15 positions and reducing 417 holdings. Its most notable exit was Transmedics, an estimated $13.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 33% a quarter earlier, followed by Financials and Communication Services.

Against the trend, State of Michigan Retirement System opened a new position in Spotify worth $27.2M.

  • State of Michigan Retirement System's largest Q1 2026 buy was Spotify: 56,031 shares worth $27.2M.
  • State of Michigan Retirement System added most to Adobe in Q1 2026, an estimated $193M increase.
  • State of Michigan Retirement System's biggest Q1 2026 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $414M.
  • State of Michigan Retirement System fully exited Transmedics in Q1 2026, selling an estimated $13.1M.
  • State of Michigan Retirement System's ten largest holdings make up 32% of its $18.9B portfolio in Q1 2026.
  • State of Michigan Retirement System opened 21 new positions and closed 15 in Q1 2026.
  • State of Michigan Retirement System's portfolio value fell 7.9% quarter-over-quarter to $18.9B.

Based on State of Michigan Retirement System's 13F filing for Q1 2026, filed 4 May 2026.