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
+10.34%
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
+$1.68B
Cap. Flow
+$510M
Cap. Flow %
3.89%
Top 10 Hldgs %
24.46%
Holding
970
New
17
Increased
485
Reduced
329
Closed
22

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$208M
2
EXC icon
Exelon
EXC
+$156M
3
BNY
Bank of New York Mellon
BNY
+$144M
4
IBM icon
IBM
IBM
+$75.6M
5
AZO icon
AutoZone
AZO
+$72.4M

Top Sells

Rank Stock Value
1
SCHW
Charles Schwab
SCHW
+$169M
2
TEVA icon
Teva Pharmaceuticals
TEVA
+$60.2M
3
AAPL icon
Apple
AAPL
+$54.6M
4
AIG icon
American International
AIG
+$49.9M
5
AEO icon
American Eagle Outfitters
AEO
+$27.4M

Sector Composition

Rank Sector Weight
1 Financials 16.68%
2 Healthcare 13.73%
3 Technology 12.21%
4 Consumer Discretionary 8.93%
5 Consumer Staples 8.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NLSN
376
DELISTED
Nielsen Holdings plc
NLSN
$4.72M 0.04%
102,900
+15,500
+18% +$633K
NEM icon
377
Newmont
NEM
$119B
$4.66M 0.04%
202,399
– –
SLM icon
378
SLM Corp
SLM
$5.15B
$4.66M 0.04%
496,155
-280
-0.1% -$2.58K
MUR icon
379
Murphy Oil
MUR
$4.78B
$4.64M 0.04%
71,501
– –
JNPR
380
DELISTED
Juniper Networks
JNPR
$4.63M 0.04%
205,300
-900
-0.4% -$18.3K
LKQ icon
381
LKQ Corp
LKQ
$6.29B
$4.63M 0.04%
140,700
+900
+0.6% +$29.4K
DINO icon
382
HF Sinclair
DINO
$14.5B
$4.62M 0.04%
92,990
-100
-0.1% -$4.56K
ADSK icon
383
Autodesk
ADSK
$52.6B
$4.62M 0.04%
91,732
+1,000
+1% +$43.8K
HSIC icon
384
Henry Schein
HSIC
$9.82B
$4.59M 0.04%
102,510
-255
-0.2% -$11.2K
ETR icon
385
Entergy
ETR
$50B
$4.59M 0.04%
144,974
– –
SIAL
386
DELISTED
SIGMA - ALDRICH CORP
SIAL
$4.58M 0.04%
48,695
-200
-0.4% -$17.4K
DVA icon
387
DaVita
DVA
$11.7B
$4.55M 0.03%
71,762
– –
PVH icon
388
PVH
PVH
$4.04B
$4.52M 0.03%
33,200
– –
BEAM
389
DELISTED
BEAM INC COM STK (DE)
BEAM
$4.51M 0.03%
66,281
+400
+0.6% +$27K
MAR icon
390
Marriott International
MAR
$92.3B
$4.51M 0.03%
91,319
-1,200
-1% -$54.6K
FLS icon
391
Flowserve
FLS
$10.2B
$4.47M 0.03%
56,675
-500
-0.9% -$34.6K
CA
392
DELISTED
CA, Inc.
CA
$4.45M 0.03%
132,124
-1,300
-1% -$41.3K
BBY icon
393
Best Buy
BBY
$17.3B
$4.43M 0.03%
111,120
+1,400
+1% +$57.4K
SJM icon
394
J.M. Smucker
SJM
$12.8B
$4.42M 0.03%
42,708
-100
-0.2% -$10.6K
PII icon
395
Polaris
PII
$4.07B
$4.4M 0.03%
30,200
+400
+1% +$53.5K
GGP
396
DELISTED
GGP Inc.
GGP
$4.39M 0.03%
+218,600
New +$4.5M
KLAC icon
397
KLA
KLAC
$259B
$4.37M 0.03%
677,370
+3,000
+0.4% +$18.9K
EWI icon
398
iShares MSCI Italy ETF
EWI
$1.07B
$4.37M 0.03%
140,000
– –
LLTC
399
DELISTED
Linear Technology Corp
LLTC
$4.34M 0.03%
95,192
+300
+0.3% +$12.5K
CCEP icon
400
Coca-Cola Europacific Partners
CCEP
$47.9B
$4.33M 0.03%
98,142
-3,000
-3% -$125K
14 15
16
17 18

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 2013 Portfolio in Review

As of Q4 2013, State of Michigan Retirement System held 970 positions worth $13.1B, up 15% from $11.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System deployed $510M of net new capital in Q4 2013, opening 17 new positions and adding to 485 existing holdings. Its largest new stake was Apollo Education Group Inc Class A: 2,034,989 shares worth $55.6M.

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

On the sell side, the largest reduction was Charles Schwab, an estimated $169M trimmed.

  • State of Michigan Retirement System's largest Q4 2013 buy was Apollo Education Group Inc Class A: 2,034,989 shares worth $55.6M.
  • State of Michigan Retirement System added most to State Street SPDR S&P 500 ETF Trust in Q4 2013, an estimated $208M increase.
  • State of Michigan Retirement System's biggest Q4 2013 reduction was Charles Schwab, cutting an estimated $169M.
  • State of Michigan Retirement System fully exited VMware, Inc in Q4 2013, selling an estimated $18.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2013.
  • State of Michigan Retirement System opened 17 new positions and closed 22 in Q4 2013.
  • State of Michigan Retirement System's portfolio value rose 15% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2013, filed 7 Feb 2014.