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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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MAT icon
451
Mattel
MAT
$4.23B
$3.15M 0.02%
116,089
-6,200
-5% -$153K
FLG
452
Flagstar Bank National Association
FLG
$5.82B
$3.13M 0.02%
63,923
-3,500
-5% -$178K
EG icon
453
Everest Group
EG
$14.4B
$3.12M 0.02%
17,020
-3,100
-15% -$563K
BBY icon
454
Best Buy
BBY
$17.3B
$3.11M 0.02%
102,020
-8,500
-8% -$281K
TPR icon
455
Tapestry
TPR
$32.8B
$3.11M 0.02%
94,911
-4,900
-5% -$152K
CNC icon
456
Centene
CNC
$32.5B
$3.1M 0.02%
94,200
-14,200
-13% -$421K
WU icon
457
Western Union
WU
$2.21B
$3.1M 0.02%
172,794
-12,000
-6% -$227K
KSS icon
458
Kohl's
KSS
$2.19B
$3.09M 0.02%
64,906
-6,500
-9% -$301K
MLM icon
459
Martin Marietta Materials
MLM
$33B
$3.09M 0.02%
22,600
-1,500
-6% -$228K
ARG
460
DELISTED
Airgas Inc
ARG
$3.07M 0.02%
22,221
-2,100
-9% -$242K
PNR icon
461
Pentair
PNR
$11B
$3.05M 0.02%
91,731
-5,063
-5% -$185K
CHRW icon
462
C.H. Robinson
CHRW
$17.5B
$3.04M 0.02%
49,097
-2,100
-4% -$141K
HBAN icon
463
Huntington Bancshares
HBAN
$35.5B
$3.01M 0.02%
272,486
-17,600
-6% -$197K
SEE
464
DELISTED
Sealed Air
SEE
$3.01M 0.02%
67,484
-6,900
-9% -$320K
GT icon
465
Goodyear
GT
$1.85B
$3M 0.02%
91,940
-5,200
-5% -$171K
LEN icon
466
Lennar Class A
LEN
$21.2B
$3M 0.02%
64,347
-1,786
-3% -$85.1K
CDK
467
DELISTED
CDK Global, Inc.
CDK
$2.99M 0.02%
63,000
-9,800
-13% -$476K
BR icon
468
Broadridge
BR
$19B
$2.99M 0.02%
55,622
-7,000
-11% -$393K
CINF icon
469
Cincinnati Financial
CINF
$27.1B
$2.99M 0.02%
50,485
-2,800
-5% -$166K
HOG icon
470
Harley-Davidson
HOG
$2.71B
$2.98M 0.02%
65,649
-8,800
-12% -$433K
IT icon
471
Gartner
IT
$11.7B
$2.98M 0.02%
32,800
-5,000
-13% -$443K
ETFC
472
DELISTED
E*Trade Financial Corporation
ETFC
$2.97M 0.02%
100,150
-4,600
-4% -$132K
RMD icon
473
ResMed
RMD
$30.7B
$2.96M 0.02%
55,200
-8,800
-14% -$496K
Y
474
DELISTED
Alleghany Corp
Y
$2.96M 0.02%
6,200
-1,100
-15% -$543K
MNK
475
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
$2.96M 0.02%
39,700
-2,600
-6% -$175K
17 18
19
20 21

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 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.