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
+3.9%
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
$12.7B
AUM Growth
+$242M
Cap. Flow
-$121M
Cap. Flow %
-0.96%
Top 10 Hldgs %
23.86%
Holding
959
New
19
Increased
657
Reduced
198
Closed
23

Top Buys

Rank Stock Value
1
AGNC icon
AGNC Investment
AGNC
+$83.8M
2
EXC icon
Exelon
EXC
+$70.1M
3
ORCL icon
Oracle
ORCL
+$29.3M
4
AVY icon
Avery Dennison
AVY
+$28.1M
5
NLSN
Nielsen Holdings plc
NLSN
+$27.4M

Top Sells

Rank Stock Value
1
AFL icon
Aflac
AFL
+$146M
2
MON
Monsanto Co
MON
+$61.8M
3
XYZ
Block Inc
XYZ
+$58.9M
4
VLO icon
Valero Energy
VLO
+$41.2M
5
TWX
Time Warner Inc
TWX
+$39.4M

Sector Composition

Rank Sector Weight
1 Financials 16.69%
2 Technology 15.7%
3 Healthcare 15.25%
4 Consumer Discretionary 9.01%
5 Communication Services 8.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MSI icon
301
Motorola Solutions
MSI
$77.4B
$5.59M 0.04%
48,023
+300
+0.6% +$33.1K
CFG icon
302
Citizens Financial Group
CFG
$30.6B
$5.58M 0.04%
143,500
– –
CERN
303
DELISTED
Cerner Corp
CERN
$5.58M 0.04%
93,368
+300
+0.3% +$17.8K
DTE icon
304
DTE Energy
DTE
$29.1B
$5.57M 0.04%
63,125
+1,058
+2% +$91.6K
CPAY icon
305
Corpay
CPAY
$25.7B
$5.56M 0.04%
26,400
+21,800
+474% +$4.47M
ETN icon
306
Eaton
ETN
$174B
$5.52M 0.04%
73,854
– –
BR icon
307
Broadridge
BR
$19B
$5.52M 0.04%
47,950
-7,622
-14% -$860K
VTRS icon
308
Viatris
VTRS
$18.9B
$5.51M 0.04%
152,609
+1,100
+0.7% +$43.2K
ES icon
309
Eversource Energy
ES
$27.2B
$5.5M 0.04%
93,864
+600
+0.6% +$34.5K
LH icon
310
Labcorp
LH
$25.9B
$5.44M 0.04%
35,266
+349
+1% +$52.7K
INFO
311
DELISTED
IHS Markit Ltd. Common Shares
INFO
$5.44M 0.04%
105,400
-1,200
-1% -$60.1K
HIG icon
312
Hartford Financial Services
HIG
$39.3B
$5.42M 0.04%
106,075
+1,000
+1% +$52.4K
LUMN icon
313
Lumen
LUMN
$6.44B
$5.42M 0.04%
290,676
+4,300
+2% +$78.1K
BBY icon
314
Best Buy
BBY
$17.3B
$5.42M 0.04%
72,604
-2,300
-3% -$170K
ANDV
315
DELISTED
Andeavor
ANDV
$5.4M 0.04%
41,161
-500
-1% -$65.8K
APA icon
316
APA Corp
APA
$13.2B
$5.29M 0.04%
113,094
+800
+0.7% +$33.2K
AZO icon
317
AutoZone
AZO
$51.1B
$5.28M 0.04%
7,864
-200
-2% -$129K
MRO
318
DELISTED
Marathon Oil Corporation
MRO
$5.27M 0.04%
252,640
+2,500
+1% +$49.3K
SWKS icon
319
Skyworks Solutions
SWKS
$10.6B
$5.21M 0.04%
53,908
+200
+0.4% +$19.4K
CLX icon
320
Clorox
CLX
$12.7B
$5.19M 0.04%
38,370
+300
+0.8% +$37K
HES
321
DELISTED
Hess
HES
$5.18M 0.04%
77,505
-1,300
-2% -$77.7K
K
322
DELISTED
Kellanova
K
$5.16M 0.04%
78,694
+639
+0.8% +$38K
OMC icon
323
Omnicom Group
OMC
$23.4B
$5.13M 0.04%
67,318
-500
-0.7% -$36.9K
VVC
324
DELISTED
Vectren Corporation
VVC
$5.13M 0.04%
71,760
+300
+0.4% +$20.7K
LHX icon
325
L3Harris
LHX
$53.4B
$5.08M 0.04%
35,157
+200
+0.6% +$31K
11 12
13
14 15

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 Q2 2018 Portfolio in Review

As of Q2 2018, State of Michigan Retirement System held 959 positions worth $12.7B, up 1.9% from $12.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q2 2018: portfolio turnover was 4.4%. State of Michigan Retirement System opened 19 new positions and exited 23, leaving the 959-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q2 2018 buy was Rithm Capital: 670,000 shares worth $11.7M.
  • State of Michigan Retirement System added most to AGNC Investment in Q2 2018, an estimated $83.8M increase.
  • State of Michigan Retirement System's biggest Q2 2018 reduction was Aflac, cutting an estimated $146M.
  • State of Michigan Retirement System fully exited Monsanto Co in Q2 2018, selling an estimated $61.8M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $12.7B portfolio in Q2 2018.
  • State of Michigan Retirement System opened 19 new positions and closed 23 in Q2 2018.
  • State of Michigan Retirement System's portfolio value rose 1.9% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q2 2018, filed 8 Aug 2018.