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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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TAP icon
326
Molson Coors Class B
TAP
$8.09B
$5.07M 0.04%
53,943
-3,200
-6% -$288K
SJM icon
327
J.M. Smucker
SJM
$12.8B
$5.05M 0.04%
40,908
+3,900
+11% +$465K
SWKS icon
328
Skyworks Solutions
SWKS
$10.6B
$5.03M 0.04%
65,400
-3,400
-5% -$272K
CMI icon
329
Cummins
CMI
$88.7B
$4.95M 0.04%
56,224
-3,800
-6% -$380K
DTE icon
330
DTE Energy
DTE
$29.1B
$4.92M 0.04%
72,167
-3,995
-5% -$275K
IVZ icon
331
Invesco
IVZ
$13.9B
$4.85M 0.04%
144,943
-9,900
-6% -$324K
GEN icon
332
Gen Digital
GEN
$17.5B
$4.85M 0.04%
231,049
-15,900
-6% -$323K
NBL
333
DELISTED
Noble Energy, Inc.
NBL
$4.79M 0.04%
145,613
-11,900
-8% -$416K
BCR
334
DELISTED
CR Bard Inc.
BCR
$4.79M 0.04%
25,285
-1,600
-6% -$300K
WDC icon
335
Western Digital
WDC
$150B
$4.76M 0.04%
104,870
-4,763
-4% -$243K
A icon
336
Agilent Technologies
A
$41.2B
$4.74M 0.04%
113,381
-6,300
-5% -$244K
LUMN icon
337
Lumen
LUMN
$6.44B
$4.72M 0.04%
187,751
-15,500
-8% -$416K
ADSK icon
338
Autodesk
ADSK
$52.6B
$4.71M 0.04%
77,332
-4,400
-5% -$256K
JAH
339
DELISTED
JARDEN CORPORATION
JAH
$4.68M 0.04%
81,900
-7,600
-8% -$381K
GPN icon
340
Global Payments
GPN
$22.8B
$4.67M 0.04%
72,400
-400
-0.5% -$27K
ROK icon
341
Rockwell Automation
ROK
$49B
$4.64M 0.04%
45,190
-3,200
-7% -$336K
TYC
342
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
$4.61M 0.04%
138,079
-7,258
-5% -$265K
FE icon
343
FirstEnergy
FE
$27.5B
$4.59M 0.04%
144,733
-7,800
-5% -$245K
PH icon
344
Parker-Hannifin
PH
$135B
$4.51M 0.03%
46,543
-3,400
-7% -$344K
EFX icon
345
Equifax
EFX
$21.4B
$4.51M 0.03%
40,502
-2,200
-5% -$238K
HSIC icon
346
Henry Schein
HSIC
$9.82B
$4.49M 0.03%
72,420
-4,335
-6% -$258K
NVO
347
Novo Nordisk
NVO
$209B
$4.44M 0.03%
153,000
– –
GPC icon
348
Genuine Parts
GPC
$18.7B
$4.43M 0.03%
51,596
-3,100
-6% -$271K
AA icon
349
Alcoa
AA
$13.2B
$4.42M 0.03%
186,483
-10,320
-5% -$230K
MAR icon
350
Marriott International
MAR
$92.3B
$4.42M 0.03%
65,919
-6,200
-9% -$448K
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 Q4 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.