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
+7.59%
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
$15.8B
AUM Growth
+$1.16B
Cap. Flow
+$291M
Cap. Flow %
1.84%
Top 10 Hldgs %
23.66%
Holding
992
New
29
Increased
471
Reduced
331
Closed
17

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$126M
2
BMY icon
Bristol-Myers Squibb
BMY
+$99.7M
3
VZ icon
Verizon
VZ
+$97.5M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$77.6M
5
VST icon
Vistra
VST
+$59.6M

Top Sells

Rank Stock Value
1
PINS icon
Pinterest
PINS
+$83.5M
2
SYK icon
Stryker
SYK
+$45.7M
3
USB icon
US Bancorp
USB
+$43.5M
4
DG icon
Dollar General
DG
+$31.8M
5
V icon
Visa
V
+$31.5M

Sector Composition

Rank Sector Weight
1 Technology 21.72%
2 Healthcare 13.72%
3 Financials 12.03%
4 Consumer Discretionary 9.97%
5 Communication Services 9.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SNPS icon
251
Synopsys
SNPS
$79.4B
$9.47M 0.06%
38,223
-200
-0.5% -$50.8K
APTV icon
252
Aptiv
APTV
$10.3B
$9.35M 0.06%
67,788
-100
-0.1% -$14.5K
MVIS icon
253
Microvision
MVIS
$85.5M
$9.28M 0.06%
33,333
-33,334
-50% -$6.28M
CARR icon
254
Carrier Global
CARR
$52.3B
$9.27M 0.06%
219,443
+200
+0.1% +$7.78K
PPG icon
255
PPG Industries
PPG
$25.8B
$9.25M 0.06%
61,543
– –
GLW icon
256
Corning
GLW
$138B
$9.24M 0.06%
212,465
+700
+0.3% +$26.9K
LUV icon
257
Southwest Airlines
LUV
$22B
$9.23M 0.06%
151,207
-200
-0.1% -$10.6K
KNTK icon
258
Kinetik
KNTK
$8.24B
$9.18M 0.06%
350,000
– –
MNST icon
259
Monster Beverage
MNST
$89.9B
$9.08M 0.06%
199,384
-200
-0.1% -$8.96K
INFO
260
DELISTED
IHS Markit Ltd. Common Shares
INFO
$9.06M 0.06%
93,589
-100
-0.1% -$9.14K
AFL icon
261
Aflac
AFL
$61.4B
$9.05M 0.06%
176,805
-3,600
-2% -$173K
SPH icon
262
Suburban Propane Partners
SPH
$1.18B
$9.04M 0.06%
610,000
– –
XEL icon
263
Xcel Energy
XEL
$47.9B
$8.98M 0.06%
134,959
+2,800
+2% +$177K
PSX icon
264
Phillips 66
PSX
$85.4B
$8.94M 0.06%
109,602
-200
-0.2% -$15.7K
ORLY icon
265
O'Reilly Automotive
ORLY
$75B
$8.93M 0.06%
264,105
-9,000
-3% -$279K
DHI icon
266
D.R. Horton
DHI
$41B
$8.86M 0.06%
99,385
-300
-0.3% -$23.5K
ALXN
267
DELISTED
Alexion Pharmaceuticals
ALXN
$8.82M 0.06%
57,661
+100
+0.2% +$15.5K
MPC icon
268
Marathon Petroleum
MPC
$88.8B
$8.74M 0.06%
163,474
-100
-0.1% -$5.05K
ALL icon
269
Allstate
ALL
$68.4B
$8.73M 0.06%
75,966
-500
-0.7% -$55.1K
IFF icon
270
International Flavors & Fragrances
IFF
$21.6B
$8.72M 0.06%
62,445
+35,558
+132% +$4.6M
CTVA icon
271
Corteva
CTVA
$51.5B
$8.71M 0.06%
186,719
-600
-0.3% -$26.5K
DXCM icon
272
DexCom
DXCM
$33.1B
$8.68M 0.05%
96,608
– –
PCAR icon
273
PACCAR
PCAR
$68.7B
$8.67M 0.05%
140,001
-150
-0.1% -$9.37K
KMI icon
274
Kinder Morgan
KMI
$69.9B
$8.56M 0.05%
514,236
-900
-0.2% -$13.7K
ALGT icon
275
Allegiant Air
ALGT
$2.44B
$8.54M 0.05%
+35,000
New +$7.77M
9 10
11
12 13

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
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
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return

State of Michigan Retirement System's Q1 2021 Portfolio in Review

As of Q1 2021, State of Michigan Retirement System held 992 positions worth $15.8B, up 7.9% from $14.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q1 2021: portfolio turnover was 4.6%. State of Michigan Retirement System opened 29 new positions and exited 17, leaving the 992-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q1 2021 buy was DraftKings: 245,000 shares worth $15M.
  • State of Michigan Retirement System added most to AT&T in Q1 2021, an estimated $126M increase.
  • State of Michigan Retirement System's biggest Q1 2021 reduction was Stryker, cutting an estimated $45.7M.
  • State of Michigan Retirement System fully exited Pinterest in Q1 2021, selling an estimated $83.5M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $15.8B portfolio in Q1 2021.
  • State of Michigan Retirement System opened 29 new positions and closed 17 in Q1 2021.
  • State of Michigan Retirement System's portfolio value rose 7.9% quarter-over-quarter to $15.8B.

Based on State of Michigan Retirement System's 13F filing for Q1 2021, filed 3 May 2021.