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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
+8.49%
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
$12.1B
AUM Growth
+$1.06B
Cap. Flow
+$176M
Cap. Flow %
1.45%
Top 10 Hldgs %
21.16%
Holding
973
New
29
Increased
606
Reduced
214
Closed
26

Top Buys

Rank Stock Value
1
UGI icon
UGI
UGI
+$91.7M
2
EXC icon
Exelon
EXC
+$90.8M
3
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$86.9M
4
PINS icon
Pinterest
PINS
+$57.6M
5
TDG icon
TransDigm Group
TDG
+$43.7M

Top Sells

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$92.3M
2
HD icon
Home Depot
HD
+$58M
3
DIS icon
Walt Disney
DIS
+$57.7M
4
HON icon
Honeywell
HON
+$53.2M
5
IBM icon
IBM
IBM
+$50.8M

Sector Composition

Rank Sector Weight
1 Technology 17.7%
2 Financials 14.22%
3 Healthcare 12.86%
4 Real Estate 10.39%
5 Industrials 8.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CMS icon
351
CMS Energy
CMS
$22.3B
$4.31M 0.04%
68,635
+400
+0.6% +$24.9K
AJG icon
352
Arthur J. Gallagher & Co
AJG
$63.6B
$4.3M 0.04%
45,152
+400
+0.9% +$36.6K
DHI icon
353
D.R. Horton
DHI
$42.3B
$4.28M 0.04%
81,060
+200
+0.2% +$10.7K
CFG icon
354
Citizens Financial Group
CFG
$30.6B
$4.27M 0.04%
105,100
-2,400
-2% -$89.8K
OMC icon
355
Omnicom Group
OMC
$23.4B
$4.26M 0.04%
52,618
+300
+0.6% +$23.5K
CXO
356
DELISTED
CONCHO RESOURCES INC.
CXO
$4.26M 0.04%
48,632
+300
+0.6% +$21.6K
AMCR icon
357
Amcor
AMCR
$22.1B
$4.25M 0.04%
78,360
+240
+0.3% +$12K
TFX icon
358
Teleflex
TFX
$5.98B
$4.23M 0.03%
11,230
+100
+0.9% +$34.4K
MLM icon
359
Martin Marietta Materials
MLM
$33B
$4.23M 0.03%
15,112
+100
+0.7% +$26.7K
HES
360
DELISTED
Hess
HES
$4.18M 0.03%
62,605
+400
+0.6% +$26.2K
CHD icon
361
Church & Dwight Co
CHD
$24.5B
$4.17M 0.03%
59,324
-100
-0.2% -$7.1K
K
362
DELISTED
Kellanova
K
$4.16M 0.03%
64,103
+426
+0.7% +$25.8K
MGM icon
363
MGM Resorts International
MGM
$11.2B
$4.14M 0.03%
124,500
-900
-0.7% -$27.4K
NUE icon
364
Nucor
NUE
$62.1B
$4.13M 0.03%
73,311
+400
+0.5% +$21.8K
DOC icon
365
Healthpeak Properties
DOC
$14.8B
$4.13M 0.03%
119,667
+1,600
+1% +$56K
EFX icon
366
Equifax
EFX
$21.4B
$4.1M 0.03%
29,246
+200
+0.7% +$27.7K
DOV icon
367
Dover
DOV
$28.4B
$4.05M 0.03%
35,162
+200
+0.6% +$21.4K
BKR icon
368
Baker Hughes
BKR
$61.1B
$4.03M 0.03%
157,201
+1,200
+0.8% +$27.3K
CAG icon
369
Conagra Brands
CAG
$7.23B
$4.03M 0.03%
117,671
+700
+0.6% +$20.3K
WCG
370
DELISTED
Wellcare Health Plans, Inc.
WCG
$4.03M 0.03%
12,200
+100
+0.8% +$30K
MXIM
371
DELISTED
Maxim Integrated Products
MXIM
$4.02M 0.03%
65,400
+200
+0.3% +$11.6K
RF icon
372
Regions Financial
RF
$26.8B
$4M 0.03%
233,270
-6,600
-3% -$109K
LH icon
373
Labcorp
LH
$25.9B
$3.98M 0.03%
27,351
– –
COO icon
374
Cooper Companies
COO
$14.5B
$3.86M 0.03%
48,112
+400
+0.8% +$30.2K
CINF icon
375
Cincinnati Financial
CINF
$27.1B
$3.86M 0.03%
36,721
+200
+0.5% +$21.9K
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 2019 Portfolio in Review

As of Q4 2019, State of Michigan Retirement System held 973 positions worth $12.1B, up 9.6% from $11B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

State of Michigan Retirement System's Q4 2019 filing shows 29 new, 606 increased, 214 reduced and 26 closed positions. Its largest new stake was Pinterest: 2,666,569 shares worth $49.7M. The largest sale was JPMorgan Chase, an estimated $92.3M.

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

  • State of Michigan Retirement System's largest Q4 2019 buy was Pinterest: 2,666,569 shares worth $49.7M.
  • State of Michigan Retirement System added most to UGI in Q4 2019, an estimated $91.7M increase.
  • State of Michigan Retirement System's biggest Q4 2019 reduction was JPMorgan Chase, cutting an estimated $92.3M.
  • State of Michigan Retirement System fully exited Celgene Corp in Q4 2019, selling an estimated $16.9M.
  • State of Michigan Retirement System's ten largest holdings make up 21% of its $12.1B portfolio in Q4 2019.
  • State of Michigan Retirement System opened 29 new positions and closed 26 in Q4 2019.
  • State of Michigan Retirement System's portfolio value rose 9.6% quarter-over-quarter to $12.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2019, filed 24 Jan 2020.