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
COL
376
DELISTED
Rockwell Collins
COL
$4.16M 0.03%
45,109
+200
+0.4% +$17.3K
NVO
377
Novo Nordisk
NVO
$209B
$4.15M 0.03%
153,000
– –
BR icon
378
Broadridge
BR
$19B
$4.13M 0.03%
69,722
+14,100
+25% +$769K
MSI icon
379
Motorola Solutions
MSI
$77.4B
$4.13M 0.03%
54,627
-300
-0.5% -$20.3K
GEN icon
380
Gen Digital
GEN
$17.5B
$4.13M 0.03%
224,549
-6,500
-3% -$125K
CHD icon
381
Church & Dwight Co
CHD
$24.5B
$4.12M 0.03%
89,400
-200
-0.2% -$8.73K
EFOI icon
382
Energy Focus
EFOI
$20.3M
$4.1M 0.03%
15,771
+485
+3% +$171K
KIM icon
383
Kimco Realty
KIM
$16.4B
$4.1M 0.03%
142,446
+1,100
+0.8% +$29.7K
ALK icon
384
Alaska Air
ALK
$5.58B
$4.08M 0.03%
49,740
-100
-0.2% -$7.39K
NWL icon
385
Newell Brands
NWL
$2.56B
$4.08M 0.03%
92,028
+700
+0.8% +$27.4K
AME icon
386
Ametek
AME
$58.2B
$4.05M 0.03%
81,100
-300
-0.4% -$14.3K
CMS icon
387
CMS Energy
CMS
$22.3B
$4.05M 0.03%
95,399
+600
+0.6% +$23.5K
AAP icon
388
Advance Auto Parts
AAP
$3.49B
$4.04M 0.03%
25,200
+200
+0.8% +$30.1K
EXR icon
389
Extra Space Storage
EXR
$31.6B
$4.03M 0.03%
43,100
-5,700
-12% -$495K
HRL icon
390
Hormel Foods
HRL
$13.8B
$4.02M 0.03%
93,064
+700
+0.8% +$29.2K
MKC icon
391
McCormick & Company Non-Voting
MKC
$14.2B
$3.96M 0.03%
79,504
– –
CPB icon
392
Campbell Soup
CPB
$6.87B
$3.95M 0.03%
61,947
+500
+0.8% +$29.4K
MAT icon
393
Mattel
MAT
$4.23B
$3.94M 0.03%
117,089
+1,000
+0.9% +$30.4K
KLAC icon
394
KLA
KLAC
$259B
$3.9M 0.03%
536,370
+3,000
+0.6% +$20.2K
RSG icon
395
Republic Services
RSG
$65.7B
$3.9M 0.03%
81,940
– –
UHS icon
396
Universal Health Services
UHS
$10.5B
$3.88M 0.03%
31,100
-100
-0.3% -$11.2K
SSYS icon
397
Stratasys
SSYS
$774M
$3.84M 0.03%
+148,000
New +$3.02M
TPR icon
398
Tapestry
TPR
$32.8B
$3.83M 0.03%
95,611
+700
+0.7% +$25.3K
HBI
399
DELISTED
Hanesbrands
HBI
$3.82M 0.03%
134,824
+800
+0.6% +$22.9K
AYI icon
400
Acuity Brands
AYI
$10.8B
$3.82M 0.03%
17,500
+200
+1% +$41.3K
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 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.