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
+10.34%
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
+$1.68B
Cap. Flow
+$510M
Cap. Flow %
3.89%
Top 10 Hldgs %
24.46%
Holding
970
New
17
Increased
485
Reduced
329
Closed
22

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$208M
2
EXC icon
Exelon
EXC
+$156M
3
BNY
Bank of New York Mellon
BNY
+$144M
4
IBM icon
IBM
IBM
+$75.6M
5
AZO icon
AutoZone
AZO
+$72.4M

Top Sells

Rank Stock Value
1
SCHW
Charles Schwab
SCHW
+$169M
2
TEVA icon
Teva Pharmaceuticals
TEVA
+$60.2M
3
AAPL icon
Apple
AAPL
+$54.6M
4
AIG icon
American International
AIG
+$49.9M
5
AEO icon
American Eagle Outfitters
AEO
+$27.4M

Sector Composition

Rank Sector Weight
1 Financials 16.68%
2 Healthcare 13.73%
3 Technology 12.21%
4 Consumer Discretionary 8.93%
5 Consumer Staples 8.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ES icon
351
Eversource Energy
ES
$27.2B
$5.43M 0.04%
128,056
– –
AMG icon
352
Affiliated Managers Group
AMG
$9.76B
$5.38M 0.04%
24,800
+200
+0.8% +$39.9K
LUV icon
353
Southwest Airlines
LUV
$23B
$5.34M 0.04%
283,276
-4,000
-1% -$69.8K
FLR icon
354
Fluor
FLR
$7.96B
$5.33M 0.04%
66,373
+100
+0.2% +$7.64K
LIFE
355
DELISTED
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
$5.32M 0.04%
70,175
-100
-0.1% -$7.54K
FAST icon
356
Fastenal
FAST
$59.5B
$5.27M 0.04%
443,776
-400
-0.1% -$4.8K
AME icon
357
Ametek
AME
$58.2B
$5.24M 0.04%
99,500
+200
+0.2% +$9.66K
GPC icon
358
Genuine Parts
GPC
$18.7B
$5.22M 0.04%
62,796
-200
-0.3% -$16.2K
OKE icon
359
Oneok
OKE
$54.5B
$5.21M 0.04%
95,751
– –
BFH icon
360
Bread Financial
BFH
$4.38B
$5.21M 0.04%
24,809
-3,634
-13% -$694K
BWA icon
361
BorgWarner
BWA
$13.9B
$5.18M 0.04%
105,171
-681
-0.6% -$31.5K
SWK icon
362
Stanley Black & Decker
SWK
$15.7B
$5.09M 0.04%
63,136
-2,000
-3% -$164K
TSCO icon
363
Tractor Supply
TSCO
$18B
$5.07M 0.04%
326,500
+1,500
+0.5% +$21.4K
EMN icon
364
Eastman Chemical
EMN
$8.42B
$5.05M 0.04%
62,610
-100
-0.2% -$7.76K
FTI icon
365
TechnipFMC
FTI
$27.3B
$5.02M 0.04%
129,312
-268
-0.2% -$10.4K
WHR icon
366
Whirlpool
WHR
$2.82B
$5.01M 0.04%
31,945
-300
-0.9% -$44K
XLNX
367
DELISTED
Xilinx Inc
XLNX
$5.01M 0.04%
109,075
+800
+0.7% +$36K
BF.B icon
368
Brown-Forman Class B
BF.B
$13.1B
$4.97M 0.04%
205,709
-938
-0.5% -$22K
KEY icon
369
KeyCorp
KEY
$24.4B
$4.89M 0.04%
364,574
-6,100
-2% -$77.2K
CLX icon
370
Clorox
CLX
$12.7B
$4.87M 0.04%
52,470
-600
-1% -$54K
CTXS
371
DELISTED
Citrix Systems Inc
CTXS
$4.79M 0.04%
95,107
-628
-0.7% -$29.9K
DTE icon
372
DTE Energy
DTE
$29.1B
$4.78M 0.04%
84,505
+940
+1% +$53.9K
DLTR icon
373
Dollar Tree
DLTR
$25.2B
$4.77M 0.04%
84,622
-6,100
-7% -$351K
STZ icon
374
Constellation Brands
STZ
$23.2B
$4.77M 0.04%
67,723
+300
+0.4% +$20.1K
NOK icon
375
Nokia
NOK
$52.3B
$4.75M 0.04%
585,800
– –
13 14
15
16 17

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 2013 Portfolio in Review

As of Q4 2013, State of Michigan Retirement System held 970 positions worth $13.1B, up 15% from $11.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System deployed $510M of net new capital in Q4 2013, opening 17 new positions and adding to 485 existing holdings. Its largest new stake was Apollo Education Group Inc Class A: 2,034,989 shares worth $55.6M.

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

On the sell side, the largest reduction was Charles Schwab, an estimated $169M trimmed.

  • State of Michigan Retirement System's largest Q4 2013 buy was Apollo Education Group Inc Class A: 2,034,989 shares worth $55.6M.
  • State of Michigan Retirement System added most to State Street SPDR S&P 500 ETF Trust in Q4 2013, an estimated $208M increase.
  • State of Michigan Retirement System's biggest Q4 2013 reduction was Charles Schwab, cutting an estimated $169M.
  • State of Michigan Retirement System fully exited VMware, Inc in Q4 2013, selling an estimated $18.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2013.
  • State of Michigan Retirement System opened 17 new positions and closed 22 in Q4 2013.
  • State of Michigan Retirement System's portfolio value rose 15% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2013, filed 7 Feb 2014.