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
+9.66%
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
$15.2B
AUM Growth
+$859M
Cap. Flow
-$148M
Cap. Flow %
-0.97%
Top 10 Hldgs %
31.98%
Holding
987
New
20
Increased
448
Reduced
393
Closed
19

Top Buys

Rank Stock Value
1
APO icon
Apollo Global Management
APO
+$65.3M
2
CRWD icon
CrowdStrike
CRWD
+$20.8M
3
HXL icon
Hexcel
HXL
+$17.1M
4
ZM icon
Zoom
ZM
+$14.4M
5
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$14.4M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$99.9M
2
T icon
AT&T
T
+$92.3M
3
WBD icon
Warner Bros
WBD
+$71.2M
4
EPAM icon
EPAM Systems
EPAM
+$39.8M
5
MSCI icon
MSCI
MSCI
+$19.5M

Sector Composition

Rank Sector Weight
1 Technology 22.58%
2 Healthcare 11.64%
3 Financials 11.47%
4 Communication Services 9.03%
5 Consumer Discretionary 8.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CHTR icon
251
Charter Communications
CHTR
$18.3B
$10.3M 0.07%
28,897
-300
-1% -$112K
ED icon
252
Consolidated Edison
ED
$39.3B
$10.3M 0.07%
107,742
+1,000
+0.9% +$93.6K
HLT icon
253
Hilton Worldwide
HLT
$70B
$10.3M 0.07%
73,123
-400
-0.5% -$56.3K
BNY
254
Bank of New York Mellon
BNY
$108B
$10.2M 0.07%
223,855
+2,000
+0.9% +$97K
YUM icon
255
Yum! Brands
YUM
$39.7B
$10.2M 0.07%
76,914
+400
+0.5% +$51.5K
IQV icon
256
IQVIA
IQV
$39.8B
$10.1M 0.07%
50,994
+500
+1% +$107K
XEL icon
257
Xcel Energy
XEL
$48B
$10.1M 0.07%
150,294
+1,600
+1% +$108K
HES
258
DELISTED
Hess
HES
$10.1M 0.07%
76,241
+800
+1% +$111K
STZ icon
259
Constellation Brands
STZ
$22.8B
$10.1M 0.07%
44,558
+400
+0.9% +$89K
ILMN icon
260
Illumina
ILMN
$29B
$10.1M 0.07%
44,440
+514
+1% +$105K
ROST icon
261
Ross Stores
ROST
$81.7B
$10M 0.07%
94,556
+200
+0.2% +$22.5K
WMB icon
262
Williams Companies
WMB
$87.9B
$9.99M 0.07%
334,521
+3,500
+1% +$108K
AFL icon
263
Aflac
AFL
$61.2B
$9.92M 0.07%
153,707
-100
-0.1% -$6.85K
CTSH icon
264
Cognizant
CTSH
$26.3B
$9.89M 0.07%
162,323
+100
+0.1% +$6.26K
GWW icon
265
W.W. Grainger
GWW
$61.1B
$9.66M 0.06%
14,017
+100
+0.7% +$63.8K
OTIS icon
266
Otis Worldwide
OTIS
$27.7B
$9.61M 0.06%
113,907
+700
+0.6% +$57.9K
KMI icon
267
Kinder Morgan
KMI
$69.9B
$9.51M 0.06%
543,245
+5,700
+1% +$101K
VICI icon
268
VICI Properties
VICI
$28.7B
$9.4M 0.06%
288,112
+13,900
+5% +$460K
HPQ icon
269
HP
HPQ
$27.3B
$9.33M 0.06%
317,962
-3,300
-1% -$94.7K
MTD icon
270
Mettler-Toledo International
MTD
$28.6B
$9.33M 0.06%
6,096
– –
WELL icon
271
Welltower
WELL
$169B
$9.3M 0.06%
129,709
+1,300
+1% +$94.3K
ROK icon
272
Rockwell Automation
ROK
$48.3B
$9.25M 0.06%
31,513
+300
+1% +$85.3K
RMD icon
273
ResMed
RMD
$31.9B
$9.2M 0.06%
42,011
+500
+1% +$108K
PRU icon
274
Prudential Financial
PRU
$42.1B
$9.2M 0.06%
111,155
+1,000
+0.9% +$95.4K
AME icon
275
Ametek
AME
$58B
$9.16M 0.06%
63,053
+600
+1% +$85.3K
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 2023 Portfolio in Review

As of Q1 2023, State of Michigan Retirement System held 987 positions worth $15.2B, up 6% from $14.4B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Trading was light in Q1 2023: portfolio turnover was 4%. State of Michigan Retirement System opened 20 new positions and exited 19, leaving the 987-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q1 2023 buy was CrowdStrike: 720,800 shares worth $24.7M.
  • State of Michigan Retirement System added most to Apollo Global Management in Q1 2023, an estimated $65.3M increase.
  • State of Michigan Retirement System's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $99.9M.
  • State of Michigan Retirement System fully exited SVB Financial Group in Q1 2023, selling an estimated $3.94M.
  • State of Michigan Retirement System's ten largest holdings make up 32% of its $15.2B portfolio in Q1 2023.
  • State of Michigan Retirement System opened 20 new positions and closed 19 in Q1 2023.
  • State of Michigan Retirement System's portfolio value rose 6% quarter-over-quarter to $15.2B.

Based on State of Michigan Retirement System's 13F filing for Q1 2023, filed 28 Apr 2023.