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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
+10.58%
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
$19.1B
AUM Growth
+$1.49B
Cap. Flow
-$61.6M
Cap. Flow %
-0.32%
Top 10 Hldgs %
34.97%
Holding
1,006
New
31
Increased
699
Reduced
152
Closed
31

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$309M
2
BMY icon
Bristol-Myers Squibb
BMY
+$36.8M
3
GNRC icon
Generac Holdings
GNRC
+$27.9M
4
LYV icon
Live Nation Entertainment
LYV
+$27M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$24.9M

Top Sells

Rank Stock Value
1
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$169M
2
VLUE icon
iShares MSCI USA Value Factor ETF
VLUE
+$160M
3
UGI icon
UGI
UGI
+$136M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$125M
5
ARI
Apollo Commercial Real Estate
ARI
+$81M

Sector Composition

Rank Sector Weight
1 Technology 21.84%
2 Healthcare 12.35%
3 Communication Services 10.38%
4 Financials 10.3%
5 Consumer Discretionary 8.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EBAY icon
251
eBay
EBAY
$49.8B
$10.5M 0.06%
157,642
-25,100
-14% -$1.79M
STZ icon
252
Constellation Brands
STZ
$23.2B
$10.4M 0.05%
41,387
-900
-2% -$205K
ALL icon
253
Allstate
ALL
$67.5B
$10.4M 0.05%
88,166
+13,900
+19% +$1.64M
NUE icon
254
Nucor
NUE
$62.1B
$10.4M 0.05%
90,784
+11,732
+15% +$1.28M
PH icon
255
Parker-Hannifin
PH
$135B
$10.3M 0.05%
32,528
+100
+0.3% +$30.9K
EXAS
256
DELISTED
Exact Sciences
EXAS
$10.3M 0.05%
132,204
– –
GIS icon
257
General Mills
GIS
$19.7B
$10.3M 0.05%
152,521
+300
+0.2% +$19.1K
EA
258
DELISTED
Electronic Arts
EA
$10.3M 0.05%
77,760
+2,908
+4% +$391K
YUM icon
259
Yum! Brands
YUM
$41.1B
$10.2M 0.05%
73,795
-400
-0.5% -$51.2K
ROST icon
260
Ross Stores
ROST
$81.9B
$10.2M 0.05%
89,498
-200
-0.2% -$22.4K
SYY icon
261
Sysco
SYY
$40.3B
$10.1M 0.05%
129,112
+700
+0.5% +$53.9K
MTD icon
262
Mettler-Toledo International
MTD
$28.6B
$9.89M 0.05%
5,825
– –
KR icon
263
Kroger
KR
$34.8B
$9.83M 0.05%
217,267
+25,910
+14% +$1.09M
WST icon
264
West Pharmaceutical
WST
$24.9B
$9.72M 0.05%
20,728
+1,568
+8% +$675K
TRV icon
265
Travelers Companies
TRV
$80.2B
$9.69M 0.05%
61,945
-700
-1% -$109K
IFF icon
266
International Flavors & Fragrances
IFF
$21.9B
$9.65M 0.05%
64,045
+1,500
+2% +$219K
RMD icon
267
ResMed
RMD
$30.7B
$9.57M 0.05%
36,725
-900
-2% -$234K
AVB icon
268
AvalonBay Communities
AVB
$26.8B
$9.55M 0.05%
37,798
+1,348
+4% +$321K
ADM icon
269
Archer Daniels Midland
ADM
$36.9B
$9.52M 0.05%
140,808
+400
+0.3% +$25.8K
MTCH icon
270
Match Group
MTCH
$8.55B
$9.43M 0.05%
71,300
+1,800
+3% +$261K
WELL icon
271
Welltower
WELL
$171B
$9.4M 0.05%
109,596
+3,500
+3% +$292K
PLTR icon
272
Palantir
PLTR
$413B
$9.34M 0.05%
513,000
– –
FRC
273
DELISTED
First Republic Bank
FRC
$9.32M 0.05%
45,112
+800
+2% +$169K
OTIS icon
274
Otis Worldwide
OTIS
$28.2B
$9.31M 0.05%
106,971
-200
-0.2% -$16.7K
VRSK icon
275
Verisk Analytics
VRSK
$25B
$9.27M 0.05%
40,528
– –
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
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 Q4 2021 Portfolio in Review

As of Q4 2021, State of Michigan Retirement System held 1,006 positions worth $19.1B, up 8.5% from $17.6B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

State of Michigan Retirement System's Q4 2021 filing shows 31 new, 699 increased, 152 reduced and 31 closed positions. Its largest new stake was WNS Holdings: 143,000 shares worth $12.6M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $169M.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 19% a quarter earlier, followed by Healthcare and Communication Services.

  • State of Michigan Retirement System's largest Q4 2021 buy was WNS Holdings: 143,000 shares worth $12.6M.
  • State of Michigan Retirement System added most to AT&T in Q4 2021, an estimated $309M increase.
  • State of Michigan Retirement System's biggest Q4 2021 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $169M.
  • State of Michigan Retirement System fully exited Apollo Commercial Real Estate in Q4 2021, selling an estimated $81M.
  • State of Michigan Retirement System's ten largest holdings make up 35% of its $19.1B portfolio in Q4 2021.
  • State of Michigan Retirement System opened 31 new positions and closed 31 in Q4 2021.
  • State of Michigan Retirement System's portfolio value rose 8.5% quarter-over-quarter to $19.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2021, filed 27 Jan 2022.