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
-4.87%
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
$17.3B
AUM Growth
-$1.79B
Cap. Flow
-$625M
Cap. Flow %
-3.62%
Top 10 Hldgs %
37.1%
Holding
987
New
12
Increased
626
Reduced
266
Closed
39

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$326M
2
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$112M
3
GILD icon
Gilead Sciences
GILD
+$38.4M
4
SPGI icon
S&P Global
SPGI
+$36.4M
5
TDG icon
TransDigm Group
TDG
+$33.8M

Top Sells

Rank Stock Value
1
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$325M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$181M
3
SPG icon
Simon Property Group
SPG
+$156M
4
VST icon
Vistra
VST
+$131M
5
BMY icon
Bristol-Myers Squibb
BMY
+$109M

Sector Composition

Rank Sector Weight
1 Technology 21.58%
2 Healthcare 11.99%
3 Communication Services 11.98%
4 Financials 9.11%
5 Consumer Discretionary 8.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CARR icon
251
Carrier Global
CARR
$52.3B
$9.9M 0.06%
215,825
-2,318
-1% -$109K
EA
252
DELISTED
Electronic Arts
EA
$9.81M 0.06%
77,554
-206
-0.3% -$26.8K
XEL icon
253
Xcel Energy
XEL
$48B
$9.81M 0.06%
135,894
+235
+0.2% +$16.1K
DD icon
254
DuPont de Nemours
DD
$19.1B
$9.8M 0.06%
106,111
-850
-0.8% -$82.9K
BAX icon
255
Baxter International
BAX
$14.4B
$9.79M 0.06%
126,328
+273
+0.2% +$22.9K
HSY icon
256
Hershey
HSY
$36.7B
$9.67M 0.06%
44,634
+73
+0.2% +$14.8K
KHC icon
257
Kraft Heinz
KHC
$29.6B
$9.59M 0.06%
243,539
+286
+0.1% +$10.7K
STZ icon
258
Constellation Brands
STZ
$22.8B
$9.55M 0.06%
41,458
+71
+0.2% +$16.4K
ROK icon
259
Rockwell Automation
ROK
$48.3B
$9.49M 0.05%
33,881
+84
+0.2% +$24.1K
SBAC icon
260
SBA Communications
SBAC
$19.2B
$9.44M 0.05%
27,442
+101
+0.4% +$32.8K
AVB icon
261
AvalonBay Communities
AVB
$26.3B
$9.42M 0.05%
37,911
+113
+0.3% +$27.6K
EXAS
262
DELISTED
Exact Sciences
EXAS
$9.24M 0.05%
132,204
– –
PH icon
263
Parker-Hannifin
PH
$134B
$9.19M 0.05%
32,396
-132
-0.4% -$39.8K
AJG icon
264
Arthur J. Gallagher & Co
AJG
$64.7B
$9.18M 0.05%
52,587
+433
+0.8% +$69K
DLTR icon
265
Dollar Tree
DLTR
$24.9B
$9.09M 0.05%
56,769
+184
+0.3% +$26K
ED icon
266
Consolidated Edison
ED
$39.3B
$9.06M 0.05%
95,742
+187
+0.2% +$16.2K
EBAY icon
267
eBay
EBAY
$47.9B
$9.05M 0.05%
158,128
+486
+0.3% +$28.3K
PCAR icon
268
PACCAR
PCAR
$69.1B
$9.02M 0.05%
153,617
+272
+0.2% +$16.6K
TT icon
269
Trane Technologies
TT
$105B
$9M 0.05%
58,913
-902
-2% -$148K
RMD icon
270
ResMed
RMD
$31.9B
$8.95M 0.05%
36,911
+186
+0.5% +$45K
PEG icon
271
Public Service Enterprise Group
PEG
$37.2B
$8.93M 0.05%
127,566
+209
+0.2% +$13.8K
XYZ
272
Block Inc
XYZ
$47.5B
$8.9M 0.05%
65,646
-100,000
-60% -$12.1M
MNST icon
273
Monster Beverage
MNST
$89.6B
$8.88M 0.05%
222,216
+320
+0.1% +$13.4K
VRSK icon
274
Verisk Analytics
VRSK
$23.6B
$8.73M 0.05%
40,656
+128
+0.3% +$25.2K
GLW icon
275
Corning
GLW
$136B
$8.72M 0.05%
236,159
-4,966
-2% -$194K
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
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 2022 Portfolio in Review

As of Q1 2022, State of Michigan Retirement System held 987 positions worth $17.3B, down 9.4% from $19.1B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

State of Michigan Retirement System withdrew a net $625M in Q1 2022, closing 39 positions and reducing 266 holdings. Its most notable exit was Athene Holding Ltd. Class A Common Shares, an estimated $325M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in S&P Global worth $36.7M.

  • State of Michigan Retirement System's largest Q1 2022 buy was S&P Global: 89,353 shares worth $36.7M.
  • State of Michigan Retirement System added most to Meta Platforms (Facebook) in Q1 2022, an estimated $326M increase.
  • State of Michigan Retirement System's biggest Q1 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $181M.
  • State of Michigan Retirement System fully exited Athene Holding Ltd. Class A Common Shares in Q1 2022, selling an estimated $325M.
  • State of Michigan Retirement System's ten largest holdings make up 37% of its $17.3B portfolio in Q1 2022.
  • State of Michigan Retirement System opened 12 new positions and closed 39 in Q1 2022.
  • State of Michigan Retirement System's portfolio value fell 9.4% quarter-over-quarter to $17.3B.

Based on State of Michigan Retirement System's 13F filing for Q1 2022, filed 4 May 2022.