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
PPG icon
276
PPG Industries
PPG
$25.7B
$8.67M 0.05%
66,147
+100
+0.2% +$14.5K
YUM icon
277
Yum! Brands
YUM
$39.7B
$8.64M 0.05%
72,914
-881
-1% -$109K
ATO icon
278
Atmos Energy
ATO
$28.4B
$8.64M 0.05%
72,310
+829
+1% +$90.5K
TSN icon
279
Tyson Foods
TSN
$20.1B
$8.62M 0.05%
96,128
-402
-0.4% -$36.7K
HAL icon
280
Halliburton
HAL
$28B
$8.58M 0.05%
226,622
+1,303
+0.6% +$42.2K
WST icon
281
West Pharmaceutical
WST
$24.8B
$8.53M 0.05%
20,756
+28
+0.1% +$11K
CMI icon
282
Cummins
CMI
$87.4B
$8.44M 0.05%
41,137
-53
-0.1% -$11.5K
IFF icon
283
International Flavors & Fragrances
IFF
$21.7B
$8.43M 0.05%
64,215
+170
+0.3% +$22.6K
AMP icon
284
Ameriprise Financial
AMP
$49.2B
$8.4M 0.05%
27,978
-171
-0.6% -$51.7K
BKR icon
285
Baker Hughes
BKR
$63.6B
$8.32M 0.05%
228,412
+8,351
+4% +$254K
EQR icon
286
Equity Residential
EQR
$24.7B
$8.28M 0.05%
92,125
+310
+0.3% +$27.4K
OTIS icon
287
Otis Worldwide
OTIS
$27.7B
$8.25M 0.05%
107,207
+236
+0.2% +$18.9K
TSCO icon
288
Tractor Supply
TSCO
$18B
$8.23M 0.05%
176,335
+130
+0.1% +$5.75K
PARA
289
DELISTED
Paramount Global Class B
PARA
$8.22M 0.05%
217,392
+269
+0.1% +$9.16K
APTV icon
290
Aptiv
APTV
$10.3B
$8.17M 0.05%
68,249
+161
+0.2% +$21.4K
LEN icon
291
Lennar Class A
LEN
$20.6B
$8.16M 0.05%
103,832
-2,555
-2% -$230K
ROST icon
292
Ross Stores
ROST
$81.7B
$8.06M 0.05%
89,156
-342
-0.4% -$32.6K
FITB
293
Fifth Third Bancorp
FITB
$51.8B
$8.05M 0.05%
187,116
+244
+0.1% +$11.4K
STT icon
294
State Street
STT
$51.3B
$8.04M 0.05%
92,328
+261
+0.3% +$24.2K
DFS
295
DELISTED
Discover Financial Services
DFS
$8.01M 0.05%
72,701
-1,077
-1% -$127K
WY icon
296
Weyerhaeuser
WY
$18.2B
$7.97M 0.05%
210,329
-92
-0% -$3.65K
MTD icon
297
Mettler-Toledo International
MTD
$28.6B
$7.96M 0.05%
5,796
-29
-0.5% -$41.9K
HPE icon
298
Hewlett Packard
HPE
$72.4B
$7.95M 0.05%
475,881
-3,018
-0.6% -$50.6K
OKE icon
299
Oneok
OKE
$56.9B
$7.95M 0.05%
112,481
+172
+0.2% +$11K
WEC icon
300
WEC Energy
WEC
$34.6B
$7.94M 0.05%
79,584
+174
+0.2% +$16.4K
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
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.