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
+0.7%
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
$12.6B
AUM Growth
-$455M
Cap. Flow
-$412M
Cap. Flow %
-3.27%
Top 10 Hldgs %
26.08%
Holding
982
New
27
Increased
575
Reduced
266
Closed
24

Top Buys

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$255M
2
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$137M
3
WTW icon
Willis Towers Watson
WTW
+$97.6M
4
V icon
Visa
V
+$74.4M
5
CRM icon
Salesforce
CRM
+$48.5M

Top Sells

Rank Stock Value
1
USB icon
US Bancorp
USB
+$129M
2
AFL icon
Aflac
AFL
+$112M
3
EXC icon
Exelon
EXC
+$110M
4
WMT icon
Walmart Inc
WMT
+$81.8M
5
COR icon
Cencora
COR
+$78.1M

Sector Composition

Rank Sector Weight
1 Financials 19.86%
2 Healthcare 13.99%
3 Technology 13.95%
4 Communication Services 10.28%
5 Consumer Discretionary 8.46%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ANF icon
351
Abercrombie & Fitch
ANF
$5B
$4.56M 0.04%
144,662
-128,400
-47% -$3.6M
HSY icon
352
Hershey
HSY
$36.6B
$4.55M 0.04%
49,426
+300
+0.6% +$26.8K
ADSK icon
353
Autodesk
ADSK
$52.6B
$4.52M 0.04%
77,532
+200
+0.3% +$10.4K
LRCX icon
354
Lam Research
LRCX
$390B
$4.52M 0.04%
546,680
+5,000
+0.9% +$36.4K
FITB
355
Fifth Third Bancorp
FITB
$51.8B
$4.5M 0.04%
269,712
-2,000
-0.7% -$32.9K
BAC.WS.B
356
DELISTED
Bank Of America Corporation Ws B
BAC.WS.B
$4.5M 0.04%
22,500,000
– –
A icon
357
Agilent Technologies
A
$41.2B
$4.5M 0.04%
112,881
-500
-0.4% -$19K
CXO
358
DELISTED
CONCHO RESOURCES INC.
CXO
$4.5M 0.04%
+44,500
New +$4.09M
FCX icon
359
Freeport-McMoran
FCX
$97.5B
$4.46M 0.04%
431,043
+35,700
+9% +$251K
ADM icon
360
Archer Daniels Midland
ADM
$36.9B
$4.44M 0.04%
122,325
-87,600
-42% -$3.05M
CAM
361
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
$4.43M 0.04%
66,007
+600
+0.9% +$38.5K
IVZ icon
362
Invesco
IVZ
$13.9B
$4.41M 0.04%
143,343
-1,600
-1% -$46.2K
EXPE icon
363
Expedia Group
EXPE
$37.3B
$4.39M 0.03%
40,764
+6,300
+18% +$672K
BWA icon
364
BorgWarner
BWA
$13.9B
$4.39M 0.03%
129,822
+42,714
+49% +$1.27M
AA icon
365
Alcoa
AA
$13.2B
$4.34M 0.03%
188,397
+1,914
+1% +$38.9K
HST icon
366
Host Hotels & Resorts
HST
$16B
$4.33M 0.03%
258,996
+1,900
+0.7% +$28.6K
VRSK icon
367
Verisk Analytics
VRSK
$25B
$4.25M 0.03%
53,200
-100
-0.2% -$7.3K
AWK icon
368
American Water Works
AWK
$26.9B
$4.22M 0.03%
+61,300
New +$3.99M
BBBY
369
DELISTED
Bed Bath & Beyond Inc
BBBY
$4.22M 0.03%
85,092
-800
-0.9% -$37.5K
TFCF
370
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
$4.19M 0.03%
148,500
+1,000
+0.7% +$26.9K
AEE icon
371
Ameren
AEE
$30.1B
$4.19M 0.03%
83,582
+600
+0.7% +$27.7K
DVA icon
372
DaVita
DVA
$11.7B
$4.19M 0.03%
57,062
– –
MHK icon
373
Mohawk Industries
MHK
$9.22B
$4.18M 0.03%
21,900
+200
+0.9% +$34.8K
XLNX
374
DELISTED
Xilinx Inc
XLNX
$4.17M 0.03%
87,975
+100
+0.1% +$4.69K
CTXS
375
DELISTED
Citrix Systems Inc
CTXS
$4.17M 0.03%
66,600
+502
+0.8% +$28.4K
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 Q1 2016 Portfolio in Review

As of Q1 2016, State of Michigan Retirement System held 982 positions worth $12.6B, down 3.5% from $13.1B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

State of Michigan Retirement System withdrew a net $412M in Q1 2016, closing 24 positions and reducing 266 holdings. Its most notable exit was Mobileye N.V., an estimated $26.6M position sold in full.

By sector, the portfolio is most concentrated in Financials at 20% 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 Apollo Commercial Real Estate worth $37.8M.

  • State of Michigan Retirement System's largest Q1 2016 buy was Apollo Commercial Real Estate: 2,319,000 shares worth $37.8M.
  • State of Michigan Retirement System added most to Wells Fargo in Q1 2016, an estimated $255M increase.
  • State of Michigan Retirement System's biggest Q1 2016 reduction was US Bancorp, cutting an estimated $129M.
  • State of Michigan Retirement System fully exited Mobileye N.V. in Q1 2016, selling an estimated $26.6M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $12.6B portfolio in Q1 2016.
  • State of Michigan Retirement System opened 27 new positions and closed 24 in Q1 2016.
  • State of Michigan Retirement System's portfolio value fell 3.5% quarter-over-quarter to $12.6B.

Based on State of Michigan Retirement System's 13F filing for Q1 2016, filed 6 May 2016.