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
+3.91%
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
-$93.8M
Cap. Flow
-$464M
Cap. Flow %
-3.66%
Top 10 Hldgs %
23.31%
Holding
990
New
23
Increased
560
Reduced
296
Closed
25

Top Buys

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$118M
2
VZ icon
Verizon
VZ
+$87.7M
3
CVS icon
CVS Health
CVS
+$75.8M
4
GILD icon
Gilead Sciences
GILD
+$30.6M
5
TWX
Time Warner Inc
TWX
+$25.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$248M
2
WFC icon
Wells Fargo
WFC
+$134M
3
TSLA icon
Tesla
TSLA
+$72.1M
4
MSFT icon
Microsoft
MSFT
+$53.6M
5
AAPL icon
Apple
AAPL
+$48.9M

Sector Composition

Rank Sector Weight
1 Financials 19.25%
2 Technology 15.25%
3 Healthcare 14.33%
4 Communication Services 10.83%
5 Industrials 8.84%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EQT icon
376
EQT Corp
EQT
$32.3B
$4.38M 0.03%
110,716
+551
+0.5% +$21.8K
GWW icon
377
W.W. Grainger
GWW
$60.2B
$4.36M 0.03%
19,375
-200
-1% -$44.9K
INSM icon
378
Insmed
INSM
$28.6B
$4.36M 0.03%
+300,000
New +$3.76M
BWA icon
379
BorgWarner
BWA
$13.9B
$4.34M 0.03%
140,046
-4,317
-3% -$127K
RF icon
380
Regions Financial
RF
$26.8B
$4.32M 0.03%
438,046
-2,000
-0.5% -$18.7K
CHD icon
381
Church & Dwight Co
CHD
$24.5B
$4.31M 0.03%
89,900
+700
+0.8% +$34.5K
CMG icon
382
Chipotle Mexican Grill
CMG
$41.5B
$4.3M 0.03%
507,400
– –
WHR icon
383
Whirlpool
WHR
$2.82B
$4.27M 0.03%
26,345
– –
WRK
384
DELISTED
WestRock Company
WRK
$4.26M 0.03%
87,782
– –
KIM icon
385
Kimco Realty
KIM
$16.4B
$4.25M 0.03%
146,646
+900
+0.6% +$27.4K
FAST icon
386
Fastenal
FAST
$59.5B
$4.21M 0.03%
403,376
+2,000
+0.5% +$21.3K
TFCF
387
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
$4.21M 0.03%
170,000
+20,200
+13% +$526K
CTRA
388
DELISTED
Coterra Energy
CTRA
$4.19M 0.03%
162,364
+800
+0.5% +$20K
AEE icon
389
Ameren
AEE
$30.1B
$4.17M 0.03%
84,682
+400
+0.5% +$20.4K
RSG icon
390
Republic Services
RSG
$65.7B
$4.1M 0.03%
81,340
-1,100
-1% -$56.4K
CMS icon
391
CMS Energy
CMS
$22.3B
$4.09M 0.03%
97,399
+400
+0.4% +$17.5K
LLL
392
DELISTED
L3 Technologies, Inc.
LLL
$4.07M 0.03%
26,976
+200
+0.7% +$29.8K
IDXX icon
393
Idexx Laboratories
IDXX
$46.2B
$4.06M 0.03%
36,000
+100
+0.3% +$10.5K
AYI icon
394
Acuity Brands
AYI
$10.8B
$4.05M 0.03%
15,300
+100
+0.7% +$26.6K
HST icon
395
Host Hotels & Resorts
HST
$16B
$4.03M 0.03%
259,096
-500
-0.2% -$8.57K
STX icon
396
Seagate
STX
$184B
$4.02M 0.03%
104,168
+500
+0.5% +$16.2K
MKC icon
397
McCormick & Company Non-Voting
MKC
$14.2B
$4.01M 0.03%
80,304
+200
+0.2% +$10.1K
CNC icon
398
Centene
CNC
$32.5B
$3.99M 0.03%
119,200
+800
+0.7% +$27.8K
M icon
399
Macy's
M
$6.68B
$3.99M 0.03%
107,702
+600
+0.6% +$21.7K
DOV icon
400
Dover
DOV
$28.4B
$3.99M 0.03%
67,003
+248
+0.4% +$14.4K
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 Q3 2016 Portfolio in Review

As of Q3 2016, State of Michigan Retirement System held 990 positions worth $12.7B, down 0.73% from $12.8B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

State of Michigan Retirement System withdrew a net $464M in Q3 2016, closing 25 positions and reducing 296 holdings. Its most notable exit was Tesla, an estimated $72.1M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in Charter Communications worth $20.4M.

  • State of Michigan Retirement System's largest Q3 2016 buy was Charter Communications: 75,600 shares worth $20.4M.
  • State of Michigan Retirement System added most to JPMorgan Chase in Q3 2016, an estimated $118M increase.
  • State of Michigan Retirement System's biggest Q3 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $248M.
  • State of Michigan Retirement System fully exited Tesla in Q3 2016, selling an estimated $72.1M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $12.7B portfolio in Q3 2016.
  • State of Michigan Retirement System opened 23 new positions and closed 25 in Q3 2016.
  • State of Michigan Retirement System's portfolio value fell 0.73% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q3 2016, filed 2 Nov 2016.