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
+14.11%
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
$18.6B
AUM Growth
+$1.79B
Cap. Flow
+$12.3M
Cap. Flow %
0.07%
Top 10 Hldgs %
34.69%
Holding
974
New
16
Increased
601
Reduced
158
Closed
19

Top Buys

Rank Stock Value
1
NEE icon
NextEra Energy
NEE
+$132M
2
MBB icon
iShares MBS ETF
MBB
+$94.8M
3
BMY icon
Bristol-Myers Squibb
BMY
+$66.2M
4
SMCI icon
Super Micro Computer
SMCI
+$40.2M
5
MSFT icon
Microsoft
MSFT
+$40.2M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$117M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$97M
3
PANW icon
Palo Alto Networks
PANW
+$66.1M
4
APO icon
Apollo Global Management
APO
+$52.8M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$32.1M

Sector Composition

Rank Sector Weight
1 Technology 26.33%
2 Financials 10.76%
3 Communication Services 10.57%
4 Healthcare 9.84%
5 Consumer Discretionary 8.58%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
J icon
401
Jacobs Solutions
J
$17.2B
$5.29M 0.03%
41,587
-121
-0.3% -$14.2K
TWST icon
402
Twist Bioscience
TWST
$7.83B
$5.26M 0.03%
153,172
– –
EXPD icon
403
Expeditors International
EXPD
$23.3B
$5.24M 0.03%
43,108
– –
LVS icon
404
Las Vegas Sands
LVS
$29.4B
$5.23M 0.03%
101,201
+100
+0.1% +$5.14K
SYF icon
405
Synchrony
SYF
$25.4B
$5.21M 0.03%
120,940
-1,900
-2% -$75.7K
CLX icon
406
Clorox
CLX
$13B
$5.21M 0.03%
34,051
+100
+0.3% +$14.9K
PFG icon
407
Principal Financial Group
PFG
$24.4B
$5.19M 0.03%
60,080
– –
CFG icon
408
Citizens Financial Group
CFG
$30.6B
$5.18M 0.03%
142,873
+100
+0.1% +$3.28K
JBL icon
409
Jabil
JBL
$35.3B
$5.09M 0.03%
38,000
-100
-0.3% -$13.4K
EG icon
410
Everest Group
EG
$14.2B
$5.05M 0.03%
12,711
– –
IEX icon
411
IDEX
IEX
$17.2B
$5.05M 0.03%
20,680
– –
LUV icon
412
Southwest Airlines
LUV
$22B
$5.02M 0.03%
172,003
+300
+0.2% +$9.29K
HOLX
413
DELISTED
Hologic
HOLX
$5.01M 0.03%
64,265
-2,800
-4% -$208K
POOL icon
414
Pool Corp
POOL
$7.27B
$5M 0.03%
12,389
– –
NTRS icon
415
Northern Trust
NTRS
$34.4B
$5M 0.03%
56,213
-500
-0.9% -$41K
WSM icon
416
Williams-Sonoma
WSM
$29.5B
$4.99M 0.03%
31,440
+600
+2% +$69.7K
RS icon
417
Reliance Steel & Aluminium
RS
$21.9B
$4.98M 0.03%
14,897
+300
+2% +$91.3K
STX icon
418
Seagate
STX
$182B
$4.97M 0.03%
53,405
+100
+0.2% +$8.79K
TER icon
419
Teradyne
TER
$57.1B
$4.96M 0.03%
43,935
+100
+0.2% +$10.4K
CF icon
420
CF Industries
CF
$18.4B
$4.96M 0.03%
59,554
– –
AVY icon
421
Avery Dennison
AVY
$13.5B
$4.93M 0.03%
22,087
– –
CNP icon
422
CenterPoint Energy
CNP
$26.4B
$4.93M 0.03%
172,947
+100
+0.1% +$2.8K
WRB icon
423
W.R. Berkley
WRB
$26.3B
$4.91M 0.03%
83,319
-300
-0.4% -$16.2K
TYL icon
424
Tyler Technologies
TYL
$13B
$4.9M 0.03%
11,537
– –
PKG icon
425
Packaging Corp of America
PKG
$22.7B
$4.87M 0.03%
25,663
-200
-0.8% -$34.7K
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
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
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return
IC
IEQ Capital Foster City, California $21.5B AUM 75.26% 1-Year Est. Return

State of Michigan Retirement System's Q1 2024 Portfolio in Review

As of Q1 2024, State of Michigan Retirement System held 974 positions worth $18.6B, up 11% from $16.8B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Trading was light in Q1 2024: portfolio turnover was 3.6%. State of Michigan Retirement System opened 16 new positions and exited 19, leaving the 974-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Communication Services.

  • State of Michigan Retirement System's largest Q1 2024 buy was Arm: 228,200 shares worth $28.5M.
  • State of Michigan Retirement System added most to NextEra Energy in Q1 2024, an estimated $132M increase.
  • State of Michigan Retirement System's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $117M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q1 2024, selling an estimated $97M.
  • State of Michigan Retirement System's ten largest holdings make up 35% of its $18.6B portfolio in Q1 2024.
  • State of Michigan Retirement System opened 16 new positions and closed 19 in Q1 2024.
  • State of Michigan Retirement System's portfolio value rose 11% quarter-over-quarter to $18.6B.

Based on State of Michigan Retirement System's 13F filing for Q1 2024, filed 18 Apr 2024.