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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
O icon
351
Realty Income
O
$59.1B
$4.41M 0.03%
88,133
+619
+0.7% +$29.6K
NUE icon
352
Nucor
NUE
$62.1B
$4.41M 0.03%
109,327
-6,000
-5% -$246K
HSY icon
353
Hershey
HSY
$36.6B
$4.38M 0.03%
49,126
-3,600
-7% -$323K
AME icon
354
Ametek
AME
$58.2B
$4.36M 0.03%
81,400
-6,000
-7% -$329K
ENDP
355
DELISTED
Endo International plc
ENDP
$4.36M 0.03%
71,200
-3,800
-5% -$231K
ANDV
356
DELISTED
Andeavor
ANDV
$4.34M 0.03%
41,167
-3,300
-7% -$356K
VMC icon
357
Vulcan Materials
VMC
$36.9B
$4.33M 0.03%
45,558
-2,500
-5% -$242K
EXR icon
358
Extra Space Storage
EXR
$31.6B
$4.3M 0.03%
48,800
-1,700
-3% -$140K
NOV icon
359
NOV
NOV
$7B
$4.3M 0.03%
128,510
-10,100
-7% -$375K
LRCX icon
360
Lam Research
LRCX
$390B
$4.3M 0.03%
541,680
-30,000
-5% -$226K
RF icon
361
Regions Financial
RF
$26.8B
$4.29M 0.03%
446,546
-32,100
-7% -$308K
EXPE icon
362
Expedia Group
EXPE
$37.3B
$4.28M 0.03%
34,464
-1,700
-5% -$215K
LNC icon
363
Lincoln National
LNC
$8.81B
$4.25M 0.03%
84,597
-6,100
-7% -$319K
DVN icon
364
Devon Energy
DVN
$47.3B
$4.23M 0.03%
132,111
-7,300
-5% -$300K
PFG icon
365
Principal Financial Group
PFG
$24.3B
$4.19M 0.03%
93,075
-5,900
-6% -$288K
ETR icon
366
Entergy
ETR
$50B
$4.17M 0.03%
121,974
-7,600
-6% -$255K
COL
367
DELISTED
Rockwell Collins
COL
$4.14M 0.03%
44,909
-2,600
-5% -$230K
BBBY
368
DELISTED
Bed Bath & Beyond Inc
BBBY
$4.14M 0.03%
85,892
-4,100
-5% -$228K
CAM
369
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
$4.13M 0.03%
65,407
-3,700
-5% -$245K
XLNX
370
DELISTED
Xilinx Inc
XLNX
$4.13M 0.03%
87,875
-5,600
-6% -$265K
SBNY
371
DELISTED
Signature Bank
SBNY
$4.13M 0.03%
26,900
+1,700
+7% +$257K
NOK icon
372
Nokia
NOK
$52.3B
$4.11M 0.03%
585,800
– –
MHK icon
373
Mohawk Industries
MHK
$9.22B
$4.11M 0.03%
21,700
-1,300
-6% -$250K
VRSK icon
374
Verisk Analytics
VRSK
$25B
$4.1M 0.03%
+53,300
New +$4.05M
MSM icon
375
MSC Industrial Direct
MSM
$6.86B
$4.06M 0.03%
72,100
-3,000
-4% -$181K
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 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.