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
+1.58%
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
$14.3B
AUM Growth
-$834M
Cap. Flow
-$908M
Cap. Flow %
-6.36%
Top 10 Hldgs %
24.62%
Holding
972
New
21
Increased
75
Reduced
838
Closed
21

Top Buys

Rank Stock Value
1
TWO
Two Harbors Investment
TWO
+$161M
2
TMO icon
Thermo Fisher Scientific
TMO
+$80M
3
META icon
Meta Platforms (Facebook)
META
+$77.6M
4
PEP icon
PepsiCo
PEP
+$77.3M
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$73.8M

Top Sells

Rank Stock Value
1
WMT icon
Walmart Inc
WMT
+$215M
2
USB icon
US Bancorp
USB
+$179M
3
QCOM icon
Qualcomm
QCOM
+$149M
4
GSK icon
GSK
GSK
+$125M
5
PM icon
Philip Morris
PM
+$111M

Sector Composition

Rank Sector Weight
1 Financials 18.37%
2 Technology 12.63%
3 Healthcare 12.61%
4 Communication Services 10.12%
5 Consumer Discretionary 9.12%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FRT icon
401
Federal Realty Investment Trust
FRT
$10.3B
$4.58M 0.03%
31,100
-1,300
-4% -$187K
MAC icon
402
Macerich
MAC
$6.92B
$4.58M 0.03%
54,288
-3,700
-6% -$324K
RMD icon
403
ResMed
RMD
$30.7B
$4.57M 0.03%
63,700
-2,700
-4% -$175K
SJM icon
404
J.M. Smucker
SJM
$12.8B
$4.54M 0.03%
39,208
-2,700
-6% -$296K
AMG icon
405
Affiliated Managers Group
AMG
$9.76B
$4.53M 0.03%
21,100
-1,800
-8% -$380K
HSIC icon
406
Henry Schein
HSIC
$9.82B
$4.51M 0.03%
82,365
-19,890
-19% -$1.09M
HKTV
407
DELISTED
HONG KONG TELEVISION NETWORK LTD
HKTV
$4.49M 0.03%
469,000
– –
NOK icon
408
Nokia
NOK
$52.3B
$4.44M 0.03%
585,800
– –
MHK icon
409
Mohawk Industries
MHK
$9.22B
$4.44M 0.03%
23,900
-1,600
-6% -$277K
GAP
410
The Gap Inc
GAP
$7.37B
$4.43M 0.03%
102,270
-7,700
-7% -$321K
PNR icon
411
Pentair
PNR
$11B
$4.43M 0.03%
104,835
-9,678
-8% -$421K
TPR icon
412
Tapestry
TPR
$32.8B
$4.41M 0.03%
106,411
-7,100
-6% -$283K
ANDV
413
DELISTED
Andeavor
ANDV
$4.4M 0.03%
48,167
-3,800
-7% -$319K
JWN
414
DELISTED
Nordstrom
JWN
$4.36M 0.03%
54,300
-3,700
-6% -$293K
DOV icon
415
Dover
DOV
$28.4B
$4.35M 0.03%
77,897
-6,438
-8% -$371K
KSU
416
DELISTED
Kansas City Southern
KSU
$4.35M 0.03%
42,600
-2,900
-6% -$329K
FAST icon
417
Fastenal
FAST
$59.5B
$4.34M 0.03%
419,376
-30,000
-7% -$324K
LLTC
418
DELISTED
Linear Technology Corp
LLTC
$4.32M 0.03%
92,292
-6,000
-6% -$281K
LRCX icon
419
Lam Research
LRCX
$390B
$4.32M 0.03%
614,680
-40,000
-6% -$316K
TSN icon
420
Tyson Foods
TSN
$20.4B
$4.32M 0.03%
112,664
-8,000
-7% -$320K
WEC icon
421
WEC Energy
WEC
$35.1B
$4.31M 0.03%
87,004
-5,900
-6% -$309K
JAH
422
DELISTED
JARDEN CORPORATION
JAH
$4.3M 0.03%
81,300
-3,800
-4% -$192K
VMC icon
423
Vulcan Materials
VMC
$36.9B
$4.3M 0.03%
50,958
-3,300
-6% -$255K
EFX icon
424
Equifax
EFX
$21.4B
$4.29M 0.03%
46,102
-3,600
-7% -$319K
KIM icon
425
Kimco Realty
KIM
$16.4B
$4.27M 0.03%
159,146
-10,300
-6% -$277K
15 16
17
18 19

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 2015 Portfolio in Review

As of Q1 2015, State of Michigan Retirement System held 972 positions worth $14.3B, down 5.5% from $15.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Michigan Retirement System withdrew a net $908M in Q1 2015, closing 21 positions and reducing 838 holdings. Its most notable exit was Allergan Inc, an estimated $26.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.

Against the trend, State of Michigan Retirement System opened a new position in Two Harbors Investment worth $165M.

  • State of Michigan Retirement System's largest Q1 2015 buy was Two Harbors Investment: 1,945,000 shares worth $165M.
  • State of Michigan Retirement System added most to Thermo Fisher Scientific in Q1 2015, an estimated $80M increase.
  • State of Michigan Retirement System's biggest Q1 2015 reduction was Walmart Inc, cutting an estimated $215M.
  • State of Michigan Retirement System fully exited Allergan Inc in Q1 2015, selling an estimated $26.1M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $14.3B portfolio in Q1 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 21 in Q1 2015.
  • State of Michigan Retirement System's portfolio value fell 5.5% quarter-over-quarter to $14.3B.

Based on State of Michigan Retirement System's 13F filing for Q1 2015, filed 30 Apr 2015.