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
+15.14%
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
$19.3B
AUM Growth
+$1.98B
Cap. Flow
-$3.03M
Cap. Flow %
-0.02%
Top 10 Hldgs %
35.68%
Holding
951
New
7
Increased
468
Reduced
323
Closed
7

Top Buys

Rank Stock Value
1
BIIB icon
Biogen
BIIB
+$31.3M
2
HIMS icon
Hims & Hers Health
HIMS
+$28.6M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$26.1M
4
VZ icon
Verizon
VZ
+$20.6M
5
COF icon
Capital One
COF
+$13.5M

Top Sells

Rank Stock Value
1
RITM icon
Rithm Capital
RITM
+$66.9M
2
NEE icon
NextEra Energy
NEE
+$59.1M
3
XYZ
Block Inc
XYZ
+$36.9M
4
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$19.4M
5
DFS
Discover Financial Services
DFS
+$11.6M

Sector Composition

Rank Sector Weight
1 Technology 31.42%
2 Financials 12%
3 Consumer Discretionary 9.92%
4 Communication Services 9.88%
5 Healthcare 8.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WEC icon
301
WEC Energy
WEC
$35.1B
$9.04M 0.05%
86,784
+600
+0.7% +$63.8K
MLM icon
302
Martin Marietta Materials
MLM
$33B
$9.02M 0.05%
16,437
-100
-0.6% -$52.9K
MTB icon
303
M&T Bank
MTB
$36.2B
$9.02M 0.05%
46,501
-1,300
-3% -$229K
ADM icon
304
Archer Daniels Midland
ADM
$36.9B
$8.87M 0.05%
168,141
+1,600
+1% +$77.8K
STT icon
305
State Street
STT
$50.7B
$8.83M 0.05%
83,028
-800
-1% -$74K
TSCO icon
306
Tractor Supply
TSCO
$18B
$8.81M 0.05%
167,035
+400
+0.2% +$20.5K
CCL icon
307
Carnival Corporation Ltd
CCL
$39.7B
$8.78M 0.05%
312,244
+28,000
+10% +$599K
EFX icon
308
Equifax
EFX
$21.4B
$8.76M 0.05%
33,778
+100
+0.3% +$25.4K
LULU icon
309
lululemon athletica
LULU
$14.6B
$8.72M 0.05%
36,708
+200
+0.5% +$55.1K
PHM icon
310
Pultegroup
PHM
$25.3B
$8.67M 0.04%
82,169
+1,600
+2% +$161K
OXY icon
311
Occidental Petroleum
OXY
$55.9B
$8.57M 0.04%
204,039
+20,800
+11% +$869K
XYL icon
312
Xylem
XYL
$28.1B
$8.56M 0.04%
66,175
+300
+0.5% +$36.3K
NRG icon
313
NRG Energy
NRG
$24.8B
$8.54M 0.04%
53,166
-1,800
-3% -$237K
EXR icon
314
Extra Space Storage
EXR
$31.6B
$8.5M 0.04%
57,679
+200
+0.3% +$29.1K
BRO icon
315
Brown & Brown
BRO
$23.9B
$8.44M 0.04%
76,151
+11,800
+18% +$1.33M
ANSS
316
DELISTED
Ansys
ANSS
$8.4M 0.04%
23,911
+200
+0.8% +$65.5K
CNC icon
317
Centene
CNC
$32.5B
$8.38M 0.04%
154,327
-8,100
-5% -$475K
AWK icon
318
American Water Works
AWK
$26.9B
$8.37M 0.04%
60,197
+1,700
+3% +$244K
AVB icon
319
AvalonBay Communities
AVB
$26.8B
$8.35M 0.04%
41,011
-500
-1% -$102K
STX icon
320
Seagate
STX
$184B
$8.33M 0.04%
57,705
+300
+0.5% +$31.1K
HUM icon
321
Humana
HUM
$46.2B
$8.32M 0.04%
34,025
+1,300
+4% +$324K
WTW icon
322
Willis Towers Watson
WTW
$32B
$8.27M 0.04%
26,992
-100
-0.4% -$31K
IRM icon
323
Iron Mountain
IRM
$36.1B
$8.23M 0.04%
80,246
+600
+0.8% +$56.6K
HPQ icon
324
HP
HPQ
$27.5B
$8.16M 0.04%
333,562
+9,400
+3% +$240K
DD icon
325
DuPont de Nemours
DD
$19.2B
$8.15M 0.04%
94,639
+4,302
+5% +$358K
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 2025 Portfolio in Review

As of Q2 2025, State of Michigan Retirement System held 951 positions worth $19.3B, up 11% from $17.3B the previous quarter. Its ten largest holdings account for 36% of the portfolio.

Trading was light in Q2 2025: portfolio turnover was 1.5%. State of Michigan Retirement System opened 7 new positions and exited 7, leaving the 951-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 28% a quarter earlier, followed by Financials and Consumer Discretionary.

  • State of Michigan Retirement System's largest Q2 2025 buy was Coinbase: 57,500 shares worth $20.2M.
  • State of Michigan Retirement System added most to Biogen in Q2 2025, an estimated $31.3M increase.
  • State of Michigan Retirement System's biggest Q2 2025 reduction was Rithm Capital, cutting an estimated $66.9M.
  • State of Michigan Retirement System fully exited Discover Financial Services in Q2 2025, selling an estimated $11.6M.
  • State of Michigan Retirement System's ten largest holdings make up 36% of its $19.3B portfolio in Q2 2025.
  • State of Michigan Retirement System opened 7 new positions and closed 7 in Q2 2025.
  • State of Michigan Retirement System's portfolio value rose 11% quarter-over-quarter to $19.3B.

Based on State of Michigan Retirement System's 13F filing for Q2 2025, filed 5 Aug 2025.