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
+7.59%
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
$15.8B
AUM Growth
+$1.16B
Cap. Flow
+$291M
Cap. Flow %
1.84%
Top 10 Hldgs %
23.66%
Holding
992
New
29
Increased
471
Reduced
331
Closed
17

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$126M
2
BMY icon
Bristol-Myers Squibb
BMY
+$99.7M
3
VZ icon
Verizon
VZ
+$97.5M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$77.6M
5
VST icon
Vistra
VST
+$59.6M

Top Sells

Rank Stock Value
1
PINS icon
Pinterest
PINS
+$83.5M
2
SYK icon
Stryker
SYK
+$45.7M
3
USB icon
US Bancorp
USB
+$43.5M
4
DG icon
Dollar General
DG
+$31.8M
5
V icon
Visa
V
+$31.5M

Sector Composition

Rank Sector Weight
1 Technology 21.72%
2 Healthcare 13.72%
3 Financials 12.03%
4 Consumer Discretionary 9.97%
5 Communication Services 9.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FTNT icon
326
Fortinet
FTNT
$121B
$6.53M 0.04%
177,125
+500
+0.3% +$16.4K
NUE icon
327
Nucor
NUE
$62.8B
$6.5M 0.04%
80,952
-1,100
-1% -$66.7K
ZBRA icon
328
Zebra Technologies
ZBRA
$17.9B
$6.49M 0.04%
13,370
– –
DTE icon
329
DTE Energy
DTE
$28.6B
$6.47M 0.04%
57,132
-118
-0.2% -$12.4K
VFC icon
330
VF Corp
VFC
$5.82B
$6.45M 0.04%
80,657
+200
+0.2% +$16.2K
ED icon
331
Consolidated Edison
ED
$39.4B
$6.43M 0.04%
85,955
-100
-0.1% -$7.04K
ETSY icon
332
Etsy
ETSY
$7.4B
$6.37M 0.04%
31,600
-100
-0.3% -$20.9K
MXIM
333
DELISTED
Maxim Integrated Products
MXIM
$6.36M 0.04%
69,558
– –
CVAC
334
DELISTED
CureVac
CVAC
$6.28M 0.04%
+68,640
New +$6.66M
TSN icon
335
Tyson Foods
TSN
$20.1B
$6.27M 0.04%
84,382
– –
HSY icon
336
Hershey
HSY
$36.6B
$6.25M 0.04%
39,505
-300
-0.8% -$45.2K
O icon
337
Realty Income
O
$58.4B
$6.21M 0.04%
100,871
+5,676
+6% +$336K
HPE icon
338
Hewlett Packard
HPE
$73B
$6.19M 0.04%
393,421
+2,900
+0.7% +$40.2K
EQR icon
339
Equity Residential
EQR
$24.7B
$6.16M 0.04%
86,019
-100
-0.1% -$6.62K
HIG icon
340
Hartford Financial Services
HIG
$38.6B
$6.14M 0.04%
91,987
-400
-0.4% -$21.6K
ODFL icon
341
Old Dominion Freight Line
ODFL
$44.2B
$6.12M 0.04%
50,896
-200
-0.4% -$21.5K
CLX icon
342
Clorox
CLX
$13B
$6.1M 0.04%
31,603
-100
-0.3% -$19.3K
AJG icon
343
Arthur J. Gallagher & Co
AJG
$64.7B
$6.07M 0.04%
48,654
+300
+0.6% +$36.2K
CPRT icon
344
Copart
CPRT
$27.4B
$6.06M 0.04%
223,172
-400
-0.2% -$11.3K
KSU
345
DELISTED
Kansas City Southern
KSU
$6.01M 0.04%
22,760
-800
-3% -$174K
FTV icon
346
Fortive
FTV
$18.6B
$6M 0.04%
112,613
+132
+0.1% +$6.83K
PPL
347
PPL Corp
PPL
$26.4B
$5.98M 0.04%
207,364
-400
-0.2% -$11.2K
EXPE icon
348
Expedia Group
EXPE
$37.4B
$5.97M 0.04%
34,709
+500
+1% +$76.9K
WDC icon
349
Western Digital
WDC
$152B
$5.97M 0.04%
118,267
+397
+0.3% +$18.6K
CDW icon
350
CDW
CDW
$17.1B
$5.87M 0.04%
35,425
-500
-1% -$74.7K
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
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
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return

State of Michigan Retirement System's Q1 2021 Portfolio in Review

As of Q1 2021, State of Michigan Retirement System held 992 positions worth $15.8B, up 7.9% from $14.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q1 2021: portfolio turnover was 4.6%. State of Michigan Retirement System opened 29 new positions and exited 17, leaving the 992-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q1 2021 buy was DraftKings: 245,000 shares worth $15M.
  • State of Michigan Retirement System added most to AT&T in Q1 2021, an estimated $126M increase.
  • State of Michigan Retirement System's biggest Q1 2021 reduction was Stryker, cutting an estimated $45.7M.
  • State of Michigan Retirement System fully exited Pinterest in Q1 2021, selling an estimated $83.5M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $15.8B portfolio in Q1 2021.
  • State of Michigan Retirement System opened 29 new positions and closed 17 in Q1 2021.
  • State of Michigan Retirement System's portfolio value rose 7.9% quarter-over-quarter to $15.8B.

Based on State of Michigan Retirement System's 13F filing for Q1 2021, filed 3 May 2021.