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
-12.75%
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
$11.1B
AUM Growth
-$2.52B
Cap. Flow
-$649M
Cap. Flow %
-5.82%
Top 10 Hldgs %
23.67%
Holding
963
New
23
Increased
75
Reduced
826
Closed
19

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$107M
2
RITM icon
Rithm Capital
RITM
+$68.6M
3
HON icon
Honeywell
HON
+$65.1M
4
DXC icon
DXC Technology
DXC
+$44.8M
5
RTN
Raytheon Company
RTN
+$41.3M

Top Sells

Rank Stock Value
1
EXC icon
Exelon
EXC
+$125M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$108M
3
AXP icon
American Express
AXP
+$99.1M
4
V icon
Visa
V
+$83.3M
5
CVS icon
CVS Health
CVS
+$79.7M

Sector Composition

Rank Sector Weight
1 Technology 15.27%
2 Financials 14.8%
3 Healthcare 13.25%
4 Real Estate 12.44%
5 Industrials 8.76%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CE icon
376
Celanese
CE
$4.82B
$3.45M 0.03%
+38,300
New +$3.75M
XYL icon
377
Xylem
XYL
$28.1B
$3.43M 0.03%
51,472
-2,000
-4% -$138K
HSIC icon
378
Henry Schein
HSIC
$9.82B
$3.43M 0.03%
55,646
-2,550
-4% -$168K
ANSS
379
DELISTED
Ansys
ANSS
$3.42M 0.03%
23,900
-1,200
-5% -$186K
MRO
380
DELISTED
Marathon Oil Corporation
MRO
$3.41M 0.03%
238,040
-16,500
-6% -$295K
SWKS icon
381
Skyworks Solutions
SWKS
$10.6B
$3.4M 0.03%
50,808
-2,500
-5% -$193K
DHI icon
382
D.R. Horton
DHI
$42.3B
$3.4M 0.03%
98,060
-4,200
-4% -$153K
WCG
383
DELISTED
Wellcare Health Plans, Inc.
WCG
$3.38M 0.03%
14,300
-600
-4% -$161K
EXPD icon
384
Expeditors International
EXPD
$23.2B
$3.36M 0.03%
49,399
-2,500
-5% -$176K
TTWO icon
385
Take-Two Interactive
TTWO
$46.1B
$3.36M 0.03%
32,600
-1,300
-4% -$150K
CINF icon
386
Cincinnati Financial
CINF
$27.1B
$3.35M 0.03%
43,321
-1,800
-4% -$140K
KEYS icon
387
Keysight
KEYS
$58.3B
$3.33M 0.03%
53,700
-15,600
-23% -$939K
HRL icon
388
Hormel Foods
HRL
$13.8B
$3.33M 0.03%
78,020
-3,000
-4% -$129K
PFG icon
389
Principal Financial Group
PFG
$24.3B
$3.33M 0.03%
75,379
-3,500
-4% -$172K
IT icon
390
Gartner
IT
$11.7B
$3.32M 0.03%
25,999
-1,100
-4% -$159K
UGI icon
391
UGI
UGI
$7.33B
$3.31M 0.03%
62,000
-2,300
-4% -$128K
CHRW icon
392
C.H. Robinson
CHRW
$17.5B
$3.31M 0.03%
39,329
-2,000
-5% -$179K
Y
393
DELISTED
Alleghany Corp
Y
$3.3M 0.03%
5,300
-200
-4% -$123K
AAP icon
394
Advance Auto Parts
AAP
$3.49B
$3.29M 0.03%
20,868
-1,200
-5% -$200K
NRG icon
395
NRG Energy
NRG
$24.8B
$3.29M 0.03%
82,968
-7,400
-8% -$283K
EXR icon
396
Extra Space Storage
EXR
$31.6B
$3.28M 0.03%
36,248
-1,400
-4% -$127K
LEN icon
397
Lennar Class A
LEN
$21.2B
$3.28M 0.03%
86,522
-3,306
-4% -$135K
INCY icon
398
Incyte
INCY
$24.4B
$3.22M 0.03%
50,600
-2,000
-4% -$130K
EFX icon
399
Equifax
EFX
$21.4B
$3.22M 0.03%
34,546
-1,300
-4% -$138K
STE icon
400
Steris
STE
$23.1B
$3.22M 0.03%
30,100
-1,200
-4% -$134K
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 2018 Portfolio in Review

As of Q4 2018, State of Michigan Retirement System held 963 positions worth $11.1B, down 18% from $13.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $649M in Q4 2018, closing 19 positions and reducing 826 holdings. Its most notable exit was CA, Inc., an estimated $39.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 17% a quarter earlier, followed by Financials and Healthcare.

Against the trend, State of Michigan Retirement System opened a new position in Honeywell worth $59.4M.

  • State of Michigan Retirement System's largest Q4 2018 buy was Honeywell: 477,026 shares worth $59.4M.
  • State of Michigan Retirement System added most to State Street SPDR S&P 500 ETF Trust in Q4 2018, an estimated $107M increase.
  • State of Michigan Retirement System's biggest Q4 2018 reduction was Exelon, cutting an estimated $125M.
  • State of Michigan Retirement System fully exited CA, Inc. in Q4 2018, selling an estimated $39.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $11.1B portfolio in Q4 2018.
  • State of Michigan Retirement System opened 23 new positions and closed 19 in Q4 2018.
  • State of Michigan Retirement System's portfolio value fell 18% quarter-over-quarter to $11.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2018, filed 1 Feb 2019.