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
VRSK icon
276
Verisk Analytics
VRSK
$23.6B
$9.1M 0.06%
47,456
+500
+1% +$90.6K
EA
277
DELISTED
Electronic Arts
EA
$9.09M 0.06%
75,454
+300
+0.4% +$35.2K
DD icon
278
DuPont de Nemours
DD
$19.1B
$9.03M 0.06%
100,216
-7,329
-7% -$668K
GLW icon
279
Corning
GLW
$136B
$8.97M 0.06%
254,259
+2,100
+0.8% +$73K
URI icon
280
United Rentals
URI
$70.8B
$8.93M 0.06%
22,554
+200
+0.9% +$84K
CBRE icon
281
CBRE Group
CBRE
$41.7B
$8.89M 0.06%
122,160
+900
+0.7% +$73.5K
WBA
282
DELISTED
Walgreens Boots Alliance
WBA
$8.71M 0.06%
252,000
+1,500
+0.6% +$53.2K
CEG icon
283
Constellation Energy
CEG
$95.8B
$8.67M 0.06%
110,427
+900
+0.8% +$72.8K
PPG icon
284
PPG Industries
PPG
$25.7B
$8.62M 0.06%
64,543
+700
+1% +$90.3K
PEG icon
285
Public Service Enterprise Group
PEG
$37.2B
$8.56M 0.06%
137,066
+1,500
+1% +$90.9K
WY icon
286
Weyerhaeuser
WY
$18.2B
$8.54M 0.06%
283,429
+1,300
+0.5% +$41K
LYB icon
287
LyondellBasell Industries
LYB
$20.2B
$8.53M 0.06%
90,865
+700
+0.8% +$65.1K
FANG icon
288
Diamondback Energy
FANG
$55.7B
$8.52M 0.06%
63,063
+2,600
+4% +$362K
TROW icon
289
T. Rowe Price
TROW
$24.3B
$8.47M 0.06%
75,013
+900
+1% +$103K
CELH icon
290
Celsius Holdings
CELH
$6.89B
$8.38M 0.06%
270,600
-300
-0.1% -$9.46K
APTV icon
291
Aptiv
APTV
$10.3B
$8.35M 0.05%
74,449
+800
+1% +$88.3K
PCG icon
292
PG&E
PCG
$37.5B
$8.34M 0.05%
515,660
+4,500
+0.9% +$71.1K
ULTA icon
293
Ulta Beauty
ULTA
$23.6B
$8.32M 0.05%
15,253
– –
KDP icon
294
Keurig Dr Pepper
KDP
$39.9B
$8.23M 0.05%
233,300
+2,400
+1% +$84.3K
WEC icon
295
WEC Energy
WEC
$34.6B
$8.21M 0.05%
86,584
+900
+1% +$83.3K
DLTR icon
296
Dollar Tree
DLTR
$24.9B
$8.19M 0.05%
57,069
-100
-0.2% -$14.5K
GEHC icon
297
GE HealthCare
GEHC
$32.9B
$8.18M 0.05%
+99,753
New +$7.12M
ALL icon
298
Allstate
ALL
$68.2B
$8M 0.05%
72,189
+100
+0.1% +$12.6K
BKR icon
299
Baker Hughes
BKR
$63.6B
$7.97M 0.05%
276,212
+4,000
+1% +$121K
ANSS
300
DELISTED
Ansys
ANSS
$7.96M 0.05%
23,911
+200
+0.8% +$56.4K
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 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.