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
+6.41%
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
+$329M
Cap. Flow
-$336M
Cap. Flow %
-2.65%
Top 10 Hldgs %
24.56%
Holding
955
New
11
Increased
21
Reduced
876
Closed
16

Top Buys

Rank Stock Value
1
GILD icon
Gilead Sciences
GILD
+$49.6M
2
CVS icon
CVS Health
CVS
+$43.5M
3
AGNC icon
AGNC Investment
AGNC
+$41M
4
GPMT
Granite Point Mortgage Trust
GPMT
+$26.9M
5
MCHP icon
Microchip Technology
MCHP
+$19.1M

Top Sells

Rank Stock Value
1
HON icon
Honeywell
HON
+$72.5M
2
VR
Validus Hold Ltd
VR
+$39.5M
3
XYZ
Block Inc
XYZ
+$34.6M
4
DIS icon
Walt Disney
DIS
+$33.5M
5
ADBE icon
Adobe
ADBE
+$31.9M

Sector Composition

Rank Sector Weight
1 Financials 19.93%
2 Technology 14.55%
3 Healthcare 13.76%
4 Communication Services 10.45%
5 Industrials 7.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LKQ icon
401
LKQ Corp
LKQ
$6.29B
$3.68M 0.03%
90,552
-3,200
-3% -$122K
TRMB icon
402
Trimble
TRMB
$13.8B
$3.68M 0.03%
90,500
-4,700
-5% -$193K
ANSS
403
DELISTED
Ansys
ANSS
$3.67M 0.03%
24,900
-800
-3% -$113K
STLD icon
404
Steel Dynamics
STLD
$37.4B
$3.67M 0.03%
85,200
-5,000
-6% -$192K
CHD icon
405
Church & Dwight Co
CHD
$24.5B
$3.67M 0.03%
73,224
-2,500
-3% -$117K
ARE icon
406
Alexandria Real Estate Equities
ARE
$8.59B
$3.67M 0.03%
28,100
-300
-1% -$37.8K
CHRW icon
407
C.H. Robinson
CHRW
$17.5B
$3.64M 0.03%
40,829
-1,800
-4% -$147K
IEX icon
408
IDEX
IEX
$17.3B
$3.63M 0.03%
27,500
-1,200
-4% -$154K
UNM icon
409
Unum
UNM
$14.2B
$3.61M 0.03%
65,769
-2,700
-4% -$145K
INGR icon
410
Ingredion
INGR
$6.59B
$3.61M 0.03%
25,800
-1,200
-4% -$158K
RGA icon
411
Reinsurance Group of America
RGA
$16.1B
$3.6M 0.03%
23,100
-1,200
-5% -$182K
GWW icon
412
W.W. Grainger
GWW
$60.3B
$3.59M 0.03%
15,207
-700
-4% -$145K
XYL icon
413
Xylem
XYL
$28.2B
$3.59M 0.03%
52,672
-1,800
-3% -$120K
DOC icon
414
Healthpeak Properties
DOC
$14.7B
$3.58M 0.03%
137,467
-4,800
-3% -$127K
CNP icon
415
CenterPoint Energy
CNP
$26.9B
$3.58M 0.03%
126,362
-4,400
-3% -$128K
BFH icon
416
Bread Financial
BFH
$4.39B
$3.58M 0.03%
17,671
-752
-4% -$139K
MKC icon
417
McCormick & Company Non-Voting
MKC
$14.3B
$3.57M 0.03%
70,136
-2,000
-3% -$99.6K
NLSN
418
DELISTED
Nielsen Holdings plc
NLSN
$3.57M 0.03%
98,144
-3,800
-4% -$144K
WHR icon
419
Whirlpool
WHR
$2.87B
$3.56M 0.03%
21,089
-1,100
-5% -$186K
STX icon
420
Seagate
STX
$183B
$3.55M 0.03%
84,840
-2,500
-3% -$95.5K
IFF icon
421
International Flavors & Fragrances
IFF
$21.8B
$3.53M 0.03%
23,142
-800
-3% -$120K
RMD icon
422
ResMed
RMD
$30.1B
$3.52M 0.03%
41,600
-1,600
-4% -$132K
DRI icon
423
Darden Restaurants
DRI
$24.5B
$3.48M 0.03%
36,253
-1,800
-5% -$152K
CDNS icon
424
Cadence Design Systems
CDNS
$93B
$3.46M 0.03%
82,800
-2,200
-3% -$94.6K
HOLX
425
DELISTED
Hologic
HOLX
$3.46M 0.03%
80,860
-4,300
-5% -$172K
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 Q4 2017 Portfolio in Review

As of Q4 2017, State of Michigan Retirement System held 955 positions worth $12.7B, up 2.7% from $12.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Trading was light in Q4 2017: portfolio turnover was 2.8%. State of Michigan Retirement System opened 11 new positions and exited 16, leaving the 955-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q4 2017 buy was Granite Point Mortgage Trust: 1,478,739 shares worth $26.2M.
  • State of Michigan Retirement System added most to Gilead Sciences in Q4 2017, an estimated $49.6M increase.
  • State of Michigan Retirement System's biggest Q4 2017 reduction was Validus Hold Ltd, cutting an estimated $39.5M.
  • State of Michigan Retirement System fully exited Honeywell in Q4 2017, selling an estimated $72.5M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.7B portfolio in Q4 2017.
  • State of Michigan Retirement System opened 11 new positions and closed 16 in Q4 2017.
  • State of Michigan Retirement System's portfolio value rose 2.7% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q4 2017, filed 1 Feb 2018.