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
+1.57%
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
$11B
AUM Growth
-$14.5M
Cap. Flow
-$89.9M
Cap. Flow %
-0.81%
Top 10 Hldgs %
21.24%
Holding
972
New
24
Increased
350
Reduced
511
Closed
28

Top Buys

Rank Stock Value
1
EXC icon
Exelon
EXC
+$70.7M
2
WEX icon
WEX
WEX
+$24.7M
3
KEYS icon
Keysight
KEYS
+$22.2M
4
TCPC icon
BlackRock TCP Capital
TCPC
+$21M
5
GPN icon
Global Payments
GPN
+$15.7M

Top Sells

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$126M
2
AGNC icon
AGNC Investment
AGNC
+$55.8M
3
RHT
Red Hat Inc
RHT
+$36.5M
4
RITM icon
Rithm Capital
RITM
+$26.2M
5
SSNC icon
SS&C Technologies
SSNC
+$25.1M

Sector Composition

Rank Sector Weight
1 Technology 17.65%
2 Financials 14.13%
3 Healthcare 12.59%
4 Real Estate 11.88%
5 Industrials 10.04%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LNC icon
426
Lincoln National
LNC
$8.81B
$2.9M 0.03%
48,081
-400
-0.8% -$23.9K
XRAY icon
427
Dentsply Sirona
XRAY
$2.43B
$2.87M 0.03%
53,866
-2,100
-4% -$113K
TER icon
428
Teradyne
TER
$59.3B
$2.85M 0.03%
49,300
-1,400
-3% -$74.1K
CTXS
429
DELISTED
Citrix Systems Inc
CTXS
$2.85M 0.03%
29,574
-400
-1% -$38.3K
AAP icon
430
Advance Auto Parts
AAP
$3.49B
$2.84M 0.03%
17,168
– –
TRMB icon
431
Trimble
TRMB
$13.9B
$2.84M 0.03%
73,100
-1,400
-2% -$56.3K
NNN icon
432
NNN REIT
NNN
$8.99B
$2.81M 0.03%
49,800
+1,600
+3% +$87K
WTRG icon
433
Essential Utilities
WTRG
$11.4B
$2.81M 0.03%
62,616
-1,200
-2% -$51.5K
REG icon
434
Regency Centers
REG
$14.1B
$2.8M 0.03%
40,300
+300
+0.8% +$20K
LDOS icon
435
Leidos
LDOS
$17.3B
$2.79M 0.03%
32,548
-10,100
-24% -$846K
CHRW icon
436
C.H. Robinson
CHRW
$17.5B
$2.76M 0.03%
32,529
-200
-0.6% -$16.8K
NDAQ icon
437
Nasdaq
NDAQ
$52.9B
$2.75M 0.02%
83,133
-300
-0.4% -$9.97K
BF.B icon
438
Brown-Forman Class B
BF.B
$13.1B
$2.75M 0.02%
43,792
+4,000
+10% +$234K
FMC icon
439
FMC
FMC
$1.33B
$2.75M 0.02%
31,334
-200
-0.6% -$17.2K
TXT icon
440
Textron
TXT
$15.4B
$2.71M 0.02%
55,337
-400
-0.7% -$19.5K
JKHY icon
441
Jack Henry & Associates
JKHY
$11.1B
$2.71M 0.02%
18,550
+100
+0.5% +$14.2K
FDS icon
442
Factset
FDS
$10.2B
$2.7M 0.02%
11,100
-200
-2% -$55.5K
NI icon
443
NiSource
NI
$20.4B
$2.69M 0.02%
89,802
+500
+0.6% +$14.7K
FOXA icon
444
Fox Class A
FOXA
$26.9B
$2.69M 0.02%
85,180
+300
+0.4% +$10.4K
NCLH icon
445
Norwegian Cruise Line
NCLH
$8.84B
$2.68M 0.02%
51,800
+200
+0.4% +$10.1K
LYV icon
446
Live Nation Entertainment
LYV
$42.1B
$2.67M 0.02%
40,300
-1,000
-2% -$69.9K
OGE icon
447
OGE Energy
OGE
$9.71B
$2.64M 0.02%
58,120
-1,100
-2% -$47.7K
EPD icon
448
Enterprise Products Partners
EPD
$81.7B
$2.63M 0.02%
92,000
– –
OHI icon
449
Omega Healthcare
OHI
$14.7B
$2.62M 0.02%
62,800
-700
-1% -$27.3K
PNW icon
450
Pinnacle West Capital
PNW
$12.2B
$2.62M 0.02%
26,987
+100
+0.4% +$9.42K
16 17
18
19 20

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 Q3 2019 Portfolio in Review

As of Q3 2019, State of Michigan Retirement System held 972 positions worth $11B, down 0.13% from $11.1B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

State of Michigan Retirement System's Q3 2019 filing shows 24 new, 350 increased, 511 reduced and 28 closed positions. Its largest new stake was Athene Holding Ltd. Class A Common Shares: 350,000 shares worth $14.7M. The largest sale was Annaly Capital Management, an estimated $126M.

By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q3 2019 buy was Athene Holding Ltd. Class A Common Shares: 350,000 shares worth $14.7M.
  • State of Michigan Retirement System added most to Exelon in Q3 2019, an estimated $70.7M increase.
  • State of Michigan Retirement System's biggest Q3 2019 reduction was Annaly Capital Management, cutting an estimated $126M.
  • State of Michigan Retirement System fully exited Red Hat Inc in Q3 2019, selling an estimated $36.5M.
  • State of Michigan Retirement System's ten largest holdings make up 21% of its $11B portfolio in Q3 2019.
  • State of Michigan Retirement System opened 24 new positions and closed 28 in Q3 2019.
  • State of Michigan Retirement System's portfolio value fell 0.13% quarter-over-quarter to $11B.

Based on State of Michigan Retirement System's 13F filing for Q3 2019, filed 22 Oct 2019.