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
+3.9%
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
$12.7B
AUM Growth
+$242M
Cap. Flow
-$121M
Cap. Flow %
-0.96%
Top 10 Hldgs %
23.86%
Holding
959
New
19
Increased
657
Reduced
198
Closed
23

Top Buys

Rank Stock Value
1
AGNC icon
AGNC Investment
AGNC
+$83.8M
2
EXC icon
Exelon
EXC
+$70.1M
3
ORCL icon
Oracle
ORCL
+$29.3M
4
AVY icon
Avery Dennison
AVY
+$28.1M
5
NLSN
Nielsen Holdings plc
NLSN
+$27.4M

Top Sells

Rank Stock Value
1
AFL icon
Aflac
AFL
+$146M
2
MON
Monsanto Co
MON
+$61.8M
3
XYZ
Block Inc
XYZ
+$58.9M
4
VLO icon
Valero Energy
VLO
+$41.2M
5
TWX
Time Warner Inc
TWX
+$39.4M

Sector Composition

Rank Sector Weight
1 Financials 16.69%
2 Technology 15.7%
3 Healthcare 15.25%
4 Consumer Discretionary 9.01%
5 Communication Services 8.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CAH icon
351
Cardinal Health
CAH
$55.4B
$4.49M 0.04%
92,015
-600
-0.6% -$34K
WAT icon
352
Waters Corp
WAT
$39.9B
$4.49M 0.04%
23,196
– –
TFX icon
353
Teleflex
TFX
$5.98B
$4.49M 0.04%
16,730
+300
+2% +$80.4K
WEX icon
354
WEX
WEX
$6.31B
$4.48M 0.04%
23,500
+8,900
+61% +$1.55M
LLL
355
DELISTED
L3 Technologies, Inc.
LLL
$4.46M 0.04%
23,196
+200
+0.9% +$39.9K
EFX icon
356
Equifax
EFX
$21.4B
$4.46M 0.04%
35,646
+300
+0.8% +$35.6K
DPZ icon
357
Domino's
DPZ
$11.6B
$4.4M 0.03%
15,600
-300
-2% -$76K
AEE icon
358
Ameren
AEE
$30.1B
$4.39M 0.03%
72,122
+700
+1% +$40.2K
RMD icon
359
ResMed
RMD
$30.7B
$4.38M 0.03%
42,300
+200
+0.5% +$20.2K
MSCI icon
360
MSCI
MSCI
$40.9B
$4.37M 0.03%
26,400
-6,400
-20% -$1.01M
MTD icon
361
Mettler-Toledo International
MTD
$28.6B
$4.36M 0.03%
7,540
– –
ANSS
362
DELISTED
Ansys
ANSS
$4.34M 0.03%
24,900
+200
+0.8% +$33.3K
MVIS icon
363
Microvision
MVIS
$78.9M
$4.33M 0.03%
257,613
+48,000
+23% +$954K
WRK
364
DELISTED
WestRock Company
WRK
$4.33M 0.03%
75,902
+800
+1% +$49.1K
ETR icon
365
Entergy
ETR
$50B
$4.32M 0.03%
107,030
+600
+0.6% +$23.7K
MGM icon
366
MGM Resorts International
MGM
$11.2B
$4.31M 0.03%
148,400
-1,700
-1% -$54.9K
EXPE icon
367
Expedia Group
EXPE
$37.3B
$4.3M 0.03%
35,784
-200
-0.6% -$23.1K
XL
368
DELISTED
XL Group Ltd.
XL
$4.28M 0.03%
76,446
+800
+1% +$44.5K
LEN icon
369
Lennar Class A
LEN
$21.2B
$4.25M 0.03%
83,630
+620
+0.7% +$32.5K
EMN icon
370
Eastman Chemical
EMN
$8.42B
$4.22M 0.03%
42,270
+200
+0.5% +$21.1K
WYNN icon
371
Wynn Resorts
WYNN
$10.6B
$4.2M 0.03%
25,070
+1,400
+6% +$258K
PFG icon
372
Principal Financial Group
PFG
$24.3B
$4.18M 0.03%
78,879
-400
-0.5% -$23.2K
DHI icon
373
D.R. Horton
DHI
$42.3B
$4.17M 0.03%
101,660
+900
+0.9% +$38.8K
MKC icon
374
McCormick & Company Non-Voting
MKC
$14.2B
$4.16M 0.03%
71,736
+400
+0.6% +$21K
CAG icon
375
Conagra Brands
CAG
$7.23B
$4.16M 0.03%
116,471
-1,500
-1% -$55.8K
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 Q2 2018 Portfolio in Review

As of Q2 2018, State of Michigan Retirement System held 959 positions worth $12.7B, up 1.9% from $12.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q2 2018: portfolio turnover was 4.4%. State of Michigan Retirement System opened 19 new positions and exited 23, leaving the 959-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q2 2018 buy was Rithm Capital: 670,000 shares worth $11.7M.
  • State of Michigan Retirement System added most to AGNC Investment in Q2 2018, an estimated $83.8M increase.
  • State of Michigan Retirement System's biggest Q2 2018 reduction was Aflac, cutting an estimated $146M.
  • State of Michigan Retirement System fully exited Monsanto Co in Q2 2018, selling an estimated $61.8M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $12.7B portfolio in Q2 2018.
  • State of Michigan Retirement System opened 19 new positions and closed 23 in Q2 2018.
  • State of Michigan Retirement System's portfolio value rose 1.9% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q2 2018, filed 8 Aug 2018.