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
-6.5%
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
$12.9B
AUM Growth
-$1.46B
Cap. Flow
-$408M
Cap. Flow %
-3.16%
Top 10 Hldgs %
25.01%
Holding
989
New
34
Increased
178
Reduced
623
Closed
31

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$264M
2
UNP icon
Union Pacific
UNP
+$160M
3
PCG icon
PG&E
PCG
+$112M
4
GILD icon
Gilead Sciences
GILD
+$98.8M
5
PYPL icon
PayPal
PYPL
+$90.9M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$204M
2
USB icon
US Bancorp
USB
+$192M
3
EG icon
Everest Group
EG
+$151M
4
AZO icon
AutoZone
AZO
+$135M
5
VZ icon
Verizon
VZ
+$88.5M

Sector Composition

Rank Sector Weight
1 Financials 19.02%
2 Healthcare 14.57%
3 Technology 12.45%
4 Industrials 9.73%
5 Consumer Discretionary 9.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LUMN icon
326
Lumen
LUMN
$6.44B
$5.11M 0.04%
203,251
-15,400
-7% -$426K
TYC
327
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
$5.09M 0.04%
145,337
-10,600
-7% -$408K
WY icon
328
Weyerhaeuser
WY
$18.4B
$5.08M 0.04%
185,720
-15,100
-8% -$446K
TT icon
329
Trane Technologies
TT
$106B
$5.04M 0.04%
99,216
-7,000
-7% -$418K
BCR
330
DELISTED
CR Bard Inc.
BCR
$5.01M 0.04%
26,885
-1,900
-7% -$360K
AAP icon
331
Advance Auto Parts
AAP
$3.49B
$5M 0.04%
26,400
-6,950
-21% -$1.2M
CHD icon
332
Church & Dwight Co
CHD
$24.5B
$5M 0.04%
119,180
– –
MAR icon
333
Marriott International
MAR
$92.3B
$4.92M 0.04%
72,119
-7,900
-10% -$571K
ROK icon
334
Rockwell Automation
ROK
$49B
$4.91M 0.04%
48,390
-3,800
-7% -$430K
STX icon
335
Seagate
STX
$184B
$4.9M 0.04%
109,468
-13,600
-11% -$658K
PH icon
336
Parker-Hannifin
PH
$135B
$4.86M 0.04%
49,943
-3,800
-7% -$413K
WRK
337
DELISTED
WestRock Company
WRK
$4.86M 0.04%
+104,755
New +$5.61M
HSY icon
338
Hershey
HSY
$36.6B
$4.84M 0.04%
52,726
-4,200
-7% -$383K
IVZ icon
339
Invesco
IVZ
$13.9B
$4.84M 0.04%
154,843
-12,200
-7% -$434K
GEN icon
340
Gen Digital
GEN
$17.5B
$4.81M 0.04%
246,949
-690,900
-74% -$14.9M
FE icon
341
FirstEnergy
FE
$27.5B
$4.78M 0.04%
152,533
-11,100
-7% -$363K
RHT
342
DELISTED
Red Hat Inc
RHT
$4.76M 0.04%
66,216
-4,900
-7% -$369K
NBL
343
DELISTED
Noble Energy, Inc.
NBL
$4.75M 0.04%
157,513
+7,399
+5% +$255K
TAP icon
344
Molson Coors Class B
TAP
$8.09B
$4.74M 0.04%
57,143
-4,800
-8% -$347K
TSN icon
345
Tyson Foods
TSN
$20.4B
$4.72M 0.04%
109,564
-3,600
-3% -$153K
GWW icon
346
W.W. Grainger
GWW
$60.2B
$4.7M 0.04%
21,875
-1,200
-5% -$269K
PFG icon
347
Principal Financial Group
PFG
$24.3B
$4.68M 0.04%
98,975
-7,300
-7% -$378K
ALK icon
348
Alaska Air
ALK
$5.58B
$4.61M 0.04%
58,040
-1,000
-2% -$76.4K
MSM icon
349
MSC Industrial Direct
MSM
$6.86B
$4.58M 0.04%
75,100
+1,100
+1% +$75K
AME icon
350
Ametek
AME
$58.2B
$4.57M 0.04%
87,400
-6,300
-7% -$340K
12 13
14
15 16

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 2015 Portfolio in Review

As of Q3 2015, State of Michigan Retirement System held 989 positions worth $12.9B, down 10% from $14.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Michigan Retirement System withdrew a net $408M in Q3 2015, closing 31 positions and reducing 623 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $204M position sold in full.

By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.

Against the trend, State of Michigan Retirement System opened a new position in PayPal worth $78.8M.

  • State of Michigan Retirement System's largest Q3 2015 buy was PayPal: 2,537,386 shares worth $78.8M.
  • State of Michigan Retirement System added most to State Street SPDR S&P 500 ETF Trust in Q3 2015, an estimated $264M increase.
  • State of Michigan Retirement System's biggest Q3 2015 reduction was US Bancorp, cutting an estimated $192M.
  • State of Michigan Retirement System fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $204M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.9B portfolio in Q3 2015.
  • State of Michigan Retirement System opened 34 new positions and closed 31 in Q3 2015.
  • State of Michigan Retirement System's portfolio value fell 10% quarter-over-quarter to $12.9B.

Based on State of Michigan Retirement System's 13F filing for Q3 2015, filed 30 Oct 2015.