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
+9.08%
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
$17B
AUM Growth
+$1.22B
Cap. Flow
-$74.4M
Cap. Flow %
-0.44%
Top 10 Hldgs %
25.67%
Holding
996
New
21
Increased
308
Reduced
572
Closed
27

Top Buys

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$92.9M
2
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
+$74.9M
3
MSFT icon
Microsoft
MSFT
+$64.6M
4
MS icon
Morgan Stanley
MS
+$55.1M
5
PG icon
Procter & Gamble
PG
+$54.1M

Top Sells

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$80.1M
2
CMCSA icon
Comcast
CMCSA
+$63.1M
3
ORCL icon
Oracle
ORCL
+$61.8M
4
SYF icon
Synchrony
SYF
+$52.9M
5
TMO icon
Thermo Fisher Scientific
TMO
+$51.8M

Sector Composition

Rank Sector Weight
1 Technology 22.71%
2 Healthcare 13.17%
3 Financials 12.09%
4 Communication Services 9.67%
5 Consumer Discretionary 9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TER icon
376
Teradyne
TER
$59.3B
$5.77M 0.03%
43,100
-100
-0.2% -$12.8K
EXPD icon
377
Expeditors International
EXPD
$23.2B
$5.76M 0.03%
45,511
+100
+0.2% +$11.8K
HIG icon
378
Hartford Financial Services
HIG
$39.3B
$5.74M 0.03%
92,587
+600
+0.7% +$39.3K
EIX icon
379
Edison International
EIX
$26.4B
$5.72M 0.03%
98,896
+3,700
+4% +$215K
VRSN icon
380
VeriSign
VRSN
$26.6B
$5.67M 0.03%
24,902
-100
-0.4% -$21.8K
HPE icon
381
Hewlett Packard
HPE
$70.5B
$5.57M 0.03%
382,121
-11,300
-3% -$178K
MKC icon
382
McCormick & Company Non-Voting
MKC
$14.2B
$5.53M 0.03%
62,602
+100
+0.2% +$8.92K
BKR icon
383
Baker Hughes
BKR
$61.1B
$5.52M 0.03%
241,361
+7,900
+3% +$182K
EXR icon
384
Extra Space Storage
EXR
$31.6B
$5.5M 0.03%
33,581
+400
+1% +$59.9K
CHD icon
385
Church & Dwight Co
CHD
$24.5B
$5.5M 0.03%
64,495
+3,000
+5% +$259K
DOV icon
386
Dover
DOV
$28.4B
$5.45M 0.03%
36,187
+100
+0.3% +$14.8K
CZR icon
387
Caesars Entertainment
CZR
$6.14B
$5.45M 0.03%
52,500
+200
+0.4% +$20.2K
XYL icon
388
Xylem
XYL
$28.1B
$5.43M 0.03%
45,278
– –
VTR icon
389
Ventas
VTR
$47.9B
$5.38M 0.03%
94,314
+300
+0.3% +$16.8K
TTWO icon
390
Take-Two Interactive
TTWO
$46.1B
$5.37M 0.03%
30,341
+600
+2% +$107K
CPAY icon
391
Corpay
CPAY
$25.7B
$5.37M 0.03%
20,954
– –
WAT icon
392
Waters Corp
WAT
$39.9B
$5.34M 0.03%
15,462
-100
-0.6% -$31.7K
KMX icon
393
CarMax
KMX
$8.26B
$5.3M 0.03%
41,019
+200
+0.5% +$24.7K
HBAN icon
394
Huntington Bancshares
HBAN
$35.5B
$5.29M 0.03%
370,897
+115,600
+45% +$1.77M
CCL icon
395
Carnival Corporation Ltd
CCL
$39.7B
$5.29M 0.03%
200,728
+500
+0.2% +$14K
IT icon
396
Gartner
IT
$11.7B
$5.24M 0.03%
21,651
-600
-3% -$131K
CRSP icon
397
CRISPR Therapeutics
CRSP
$5.17B
$5.24M 0.03%
32,386
– –
POOL icon
398
Pool Corp
POOL
$7.5B
$5.23M 0.03%
11,400
+200
+2% +$84.2K
CFG icon
399
Citizens Financial Group
CFG
$30.6B
$5.21M 0.03%
113,471
-300
-0.3% -$14.2K
GWW icon
400
W.W. Grainger
GWW
$60.2B
$5.21M 0.03%
11,884
– –
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 Q2 2021 Portfolio in Review

As of Q2 2021, State of Michigan Retirement System held 996 positions worth $17B, up 7.7% from $15.8B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Trading was light in Q2 2021: portfolio turnover was 4.8%. State of Michigan Retirement System opened 21 new positions and exited 27, leaving the 996-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q2 2021 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 673,200 shares worth $75.7M.
  • State of Michigan Retirement System added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2021, an estimated $92.9M increase.
  • State of Michigan Retirement System's biggest Q2 2021 reduction was Berkshire Hathaway Class B, cutting an estimated $80.1M.
  • State of Michigan Retirement System fully exited Renewable Energy Group, Inc. in Q2 2021, selling an estimated $23.5M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $17B portfolio in Q2 2021.
  • State of Michigan Retirement System opened 21 new positions and closed 27 in Q2 2021.
  • State of Michigan Retirement System's portfolio value rose 7.7% quarter-over-quarter to $17B.

Based on State of Michigan Retirement System's 13F filing for Q2 2021, filed 27 Jul 2021.