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
+7.98%
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
$13.7B
AUM Growth
+$1.01B
Cap. Flow
+$122M
Cap. Flow %
0.89%
Top 10 Hldgs %
24.11%
Holding
956
New
20
Increased
569
Reduced
273
Closed
16

Top Buys

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$289M
2
EG icon
Everest Group
EG
+$179M
3
AGNC icon
AGNC Investment
AGNC
+$75.2M
4
TWO
Two Harbors Investment
TWO
+$49.4M
5
RITM icon
Rithm Capital
RITM
+$44.2M

Top Sells

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$134M
2
GILD icon
Gilead Sciences
GILD
+$133M
3
CVS icon
CVS Health
CVS
+$86.3M
4
XYZ
Block Inc
XYZ
+$74.9M
5
JPM icon
JPMorgan Chase
JPM
+$73.9M

Sector Composition

Rank Sector Weight
1 Technology 16.52%
2 Financials 15.53%
3 Healthcare 14.69%
4 Real Estate 10.27%
5 Consumer Discretionary 9.1%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LUMN icon
301
Lumen
LUMN
$6.44B
$6M 0.04%
283,176
-7,500
-3% -$157K
IP icon
302
International Paper
IP
$22B
$5.99M 0.04%
128,698
-739
-0.6% -$36.6K
NUE icon
303
Nucor
NUE
$62.1B
$5.98M 0.04%
94,311
+100
+0.1% +$6.4K
LHX icon
304
L3Harris
LHX
$53.4B
$5.93M 0.04%
35,057
-100
-0.3% -$15.9K
MRO
305
DELISTED
Marathon Oil Corporation
MRO
$5.93M 0.04%
254,540
+1,900
+0.8% +$39.8K
VRSK icon
306
Verisk Analytics
VRSK
$25B
$5.92M 0.04%
49,116
+3,100
+7% +$361K
DTE icon
307
DTE Energy
DTE
$29.1B
$5.91M 0.04%
63,595
+470
+0.7% +$43.8K
ES icon
308
Eversource Energy
ES
$27.2B
$5.8M 0.04%
94,464
+600
+0.6% +$36.7K
PARA
309
DELISTED
Paramount Global Class B
PARA
$5.79M 0.04%
100,827
-300
-0.3% -$16.6K
DLTR icon
310
Dollar Tree
DLTR
$25.2B
$5.78M 0.04%
70,910
+500
+0.7% +$43.9K
VTR icon
311
Ventas
VTR
$47.9B
$5.78M 0.04%
106,210
+700
+0.7% +$40.5K
BBY icon
312
Best Buy
BBY
$17.3B
$5.75M 0.04%
72,404
-200
-0.3% -$15.5K
CLX icon
313
Clorox
CLX
$12.7B
$5.74M 0.04%
38,170
-200
-0.5% -$28.4K
INFO
314
DELISTED
IHS Markit Ltd. Common Shares
INFO
$5.74M 0.04%
106,300
+900
+0.9% +$48.4K
MKC icon
315
McCormick & Company Non-Voting
MKC
$14.2B
$5.67M 0.04%
86,136
+14,400
+20% +$889K
BXP icon
316
Boston Properties
BXP
$11.1B
$5.67M 0.04%
46,028
+300
+0.7% +$38.2K
VTRS icon
317
Viatris
VTRS
$18.9B
$5.62M 0.04%
153,609
+1,000
+0.7% +$37.5K
FITB
318
Fifth Third Bancorp
FITB
$51.8B
$5.54M 0.04%
198,504
-4,400
-2% -$129K
SBAC icon
319
SBA Communications
SBAC
$19.5B
$5.49M 0.04%
34,200
+100
+0.3% +$15.9K
WTW icon
320
Willis Towers Watson
WTW
$32B
$5.49M 0.04%
38,978
-100
-0.3% -$15.1K
CFG icon
321
Citizens Financial Group
CFG
$30.6B
$5.47M 0.04%
141,800
-1,700
-1% -$68.6K
AME icon
322
Ametek
AME
$58.2B
$5.47M 0.04%
69,084
+500
+0.7% +$38.3K
WEX icon
323
WEX
WEX
$6.31B
$5.44M 0.04%
27,100
+3,600
+15% +$690K
APA icon
324
APA Corp
APA
$13.2B
$5.43M 0.04%
113,994
+900
+0.8% +$40.5K
FE icon
325
FirstEnergy
FE
$27.5B
$5.38M 0.04%
144,853
+12,100
+9% +$442K
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 Q3 2018 Portfolio in Review

As of Q3 2018, State of Michigan Retirement System held 956 positions worth $13.7B, up 8% from $12.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q3 2018: portfolio turnover was 3.8%. State of Michigan Retirement System opened 20 new positions and exited 16, leaving the 956-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q3 2018 buy was Annaly Capital Management: 6,895,569 shares worth $282M.
  • State of Michigan Retirement System added most to Everest Group in Q3 2018, an estimated $179M increase.
  • State of Michigan Retirement System's biggest Q3 2018 reduction was Wells Fargo, cutting an estimated $134M.
  • State of Michigan Retirement System fully exited MTGE Investment Corp. Common Stock in Q3 2018, selling an estimated $43.1M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.7B portfolio in Q3 2018.
  • State of Michigan Retirement System opened 20 new positions and closed 16 in Q3 2018.
  • State of Michigan Retirement System's portfolio value rose 8% quarter-over-quarter to $13.7B.

Based on State of Michigan Retirement System's 13F filing for Q3 2018, filed 26 Oct 2018.