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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ED icon
276
Consolidated Edison
ED
$39.9B
$6.44M 0.05%
100,252
-5,500
-5% -$353K
VTR icon
277
Ventas
VTR
$47.9B
$6.43M 0.05%
113,882
-6,100
-5% -$332K
EQIX icon
278
Equinix
EQIX
$103B
$6.42M 0.05%
21,222
+722
+4% +$211K
PXD
279
DELISTED
Pioneer Natural Resource Co.
PXD
$6.4M 0.05%
51,054
-2,800
-5% -$384K
PGR icon
280
Progressive
PGR
$125B
$6.36M 0.05%
199,945
-10,500
-5% -$334K
AMP icon
281
Ameriprise Financial
AMP
$48.8B
$6.34M 0.05%
59,548
-4,900
-8% -$548K
K
282
DELISTED
Kellanova
K
$6.31M 0.05%
92,969
-4,899
-5% -$320K
MVIS icon
283
Microvision
MVIS
$79M
$6.29M 0.05%
146,667
– –
OMC icon
284
Omnicom Group
OMC
$23.4B
$6.27M 0.05%
82,906
-4,800
-5% -$353K
CERN
285
DELISTED
Cerner Corp
CERN
$6.26M 0.05%
104,120
-6,800
-6% -$418K
J icon
286
Jacobs Solutions
J
$17B
$6.26M 0.05%
180,367
-76,045
-30% -$2.61M
CAG icon
287
Conagra Brands
CAG
$7.23B
$6.24M 0.05%
190,251
-9,894
-5% -$316K
XEL icon
288
Xcel Energy
XEL
$48.8B
$6.23M 0.05%
173,566
-9,500
-5% -$339K
DLTR icon
289
Dollar Tree
DLTR
$25.2B
$6.2M 0.05%
80,274
-4,100
-5% -$287K
BAC.WS.B
290
DELISTED
Bank Of America Corporation Ws B
BAC.WS.B
$6.18M 0.05%
22,500,000
– –
HIG icon
291
Hartford Financial Services
HIG
$39.3B
$6.09M 0.05%
140,127
-9,800
-7% -$449K
DOC icon
292
Healthpeak Properties
DOC
$14.8B
$6.08M 0.05%
174,634
-8,784
-5% -$294K
VNO icon
293
Vornado Realty Trust
VNO
$7.38B
$6.06M 0.05%
74,994
-4,206
-5% -$332K
KDP icon
294
Keurig Dr Pepper
KDP
$40.8B
$6.02M 0.05%
64,604
-4,300
-6% -$381K
ZBH icon
295
Zimmer Biomet
ZBH
$18.4B
$6M 0.05%
60,258
-3,296
-5% -$322K
WMB icon
296
Williams Companies
WMB
$86.1B
$6M 0.05%
233,342
-12,800
-5% -$447K
RCL icon
297
Royal Caribbean
RCL
$85.6B
$5.94M 0.05%
58,700
-3,100
-5% -$295K
ADI icon
298
Analog Devices
ADI
$190B
$5.9M 0.05%
106,705
-6,500
-6% -$383K
MCO icon
299
Moody's
MCO
$82.7B
$5.9M 0.05%
58,833
-4,200
-7% -$421K
EW icon
300
Edwards Lifesciences
EW
$51.7B
$5.83M 0.04%
221,424
-11,400
-5% -$296K
10 11
12
13 14

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 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.