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
+10.58%
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
$19.1B
AUM Growth
+$1.49B
Cap. Flow
-$61.6M
Cap. Flow %
-0.32%
Top 10 Hldgs %
34.97%
Holding
1,006
New
31
Increased
699
Reduced
152
Closed
31

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$309M
2
BMY icon
Bristol-Myers Squibb
BMY
+$36.8M
3
GNRC icon
Generac Holdings
GNRC
+$27.9M
4
LYV icon
Live Nation Entertainment
LYV
+$27M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$24.9M

Top Sells

Rank Stock Value
1
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$169M
2
VLUE icon
iShares MSCI USA Value Factor ETF
VLUE
+$160M
3
UGI icon
UGI
UGI
+$136M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$125M
5
ARI
Apollo Commercial Real Estate
ARI
+$81M

Sector Composition

Rank Sector Weight
1 Technology 21.84%
2 Healthcare 12.35%
3 Communication Services 10.38%
4 Financials 10.3%
5 Consumer Discretionary 8.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PPL
351
PPL Corp
PPL
$26.3B
$6.51M 0.03%
216,526
+7,362
+4% +$212K
GRMN
352
Garmin
GRMN
$60.4B
$6.48M 0.03%
47,555
+5,268
+12% +$761K
OXY icon
353
Occidental Petroleum
OXY
$58.5B
$6.47M 0.03%
223,362
+600
+0.3% +$18.8K
GWW icon
354
W.W. Grainger
GWW
$60.7B
$6.47M 0.03%
12,484
+600
+5% +$283K
HIG icon
355
Hartford Financial Services
HIG
$38.8B
$6.42M 0.03%
92,941
+2,954
+3% +$208K
SYF icon
356
Synchrony
SYF
$25.4B
$6.39M 0.03%
137,814
-5,200
-4% -$250K
PHM icon
357
Pultegroup
PHM
$24.6B
$6.39M 0.03%
111,815
+29,740
+36% +$1.52M
RVTY icon
358
Revvity
RVTY
$13B
$6.39M 0.03%
31,770
+3,600
+13% +$651K
LUV icon
359
Southwest Airlines
LUV
$22.1B
$6.38M 0.03%
149,007
+400
+0.3% +$18.8K
DGX icon
360
Quest Diagnostics
DGX
$26.1B
$6.37M 0.03%
36,788
+5,196
+16% +$791K
IR icon
361
Ingersoll Rand
IR
$33.6B
$6.35M 0.03%
102,593
+900
+0.9% +$51.2K
PSNL icon
362
Personalis
PSNL
$1.53B
$6.33M 0.03%
443,798
– –
DAL icon
363
Delta Air Lines
DAL
$59.1B
$6.3M 0.03%
161,130
+500
+0.3% +$20K
NTRS icon
364
Northern Trust
NTRS
$34.4B
$6.25M 0.03%
52,243
-100
-0.2% -$12K
ENPH icon
365
Enphase Energy
ENPH
$5.46B
$6.22M 0.03%
34,000
+200
+0.6% +$41.7K
NDAQ icon
366
Nasdaq
NDAQ
$53.5B
$6.18M 0.03%
88,350
+300
+0.3% +$20.4K
VRSN icon
367
VeriSign
VRSN
$26.7B
$6.17M 0.03%
24,302
-100
-0.4% -$23.1K
NVR icon
368
NVR
NVR
$16.7B
$6.16M 0.03%
1,043
+120
+13% +$633K
ESS icon
369
Essex Property Trust
ESS
$18.2B
$6.16M 0.03%
17,484
+516
+3% +$176K
STE icon
370
Steris
STE
$23.2B
$6.12M 0.03%
25,154
+100
+0.4% +$22.8K
BX icon
371
Blackstone
BX
$112B
$6.09M 0.03%
+47,100
New +$6.28M
MKC icon
372
McCormick & Company Non-Voting
MKC
$14.2B
$6.07M 0.03%
62,802
+200
+0.3% +$17K
NTAP icon
373
NetApp
NTAP
$39.4B
$6.01M 0.03%
65,344
+5,674
+10% +$511K
VFC icon
374
VF Corp
VFC
$5.85B
$6.01M 0.03%
82,057
+200
+0.2% +$14.6K
CELH icon
375
Celsius Holdings
CELH
$6.66B
$5.97M 0.03%
240,000
+120,000
+100% +$3.32M
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
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
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return

State of Michigan Retirement System's Q4 2021 Portfolio in Review

As of Q4 2021, State of Michigan Retirement System held 1,006 positions worth $19.1B, up 8.5% from $17.6B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

State of Michigan Retirement System's Q4 2021 filing shows 31 new, 699 increased, 152 reduced and 31 closed positions. Its largest new stake was WNS Holdings: 143,000 shares worth $12.6M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $169M.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 19% a quarter earlier, followed by Healthcare and Communication Services.

  • State of Michigan Retirement System's largest Q4 2021 buy was WNS Holdings: 143,000 shares worth $12.6M.
  • State of Michigan Retirement System added most to AT&T in Q4 2021, an estimated $309M increase.
  • State of Michigan Retirement System's biggest Q4 2021 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $169M.
  • State of Michigan Retirement System fully exited Apollo Commercial Real Estate in Q4 2021, selling an estimated $81M.
  • State of Michigan Retirement System's ten largest holdings make up 35% of its $19.1B portfolio in Q4 2021.
  • State of Michigan Retirement System opened 31 new positions and closed 31 in Q4 2021.
  • State of Michigan Retirement System's portfolio value rose 8.5% quarter-over-quarter to $19.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2021, filed 27 Jan 2022.