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
+1.84%
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
$12.8B
AUM Growth
+$174M
Cap. Flow
+$40.2M
Cap. Flow %
0.31%
Top 10 Hldgs %
24.47%
Holding
987
New
29
Increased
635
Reduced
224
Closed
20

Top Buys

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$171M
2
XYZ
Block Inc
XYZ
+$128M
3
HON icon
Honeywell
HON
+$62.4M
4
VZ icon
Verizon
VZ
+$56.8M
5
TSLA icon
Tesla
TSLA
+$53.4M

Top Sells

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$181M
2
GS icon
Goldman Sachs
GS
+$81.2M
3
APTV icon
Aptiv
APTV
+$72.4M
4
VIAB
Viacom Inc. Class B
VIAB
+$64.6M
5
GILD icon
Gilead Sciences
GILD
+$62M

Sector Composition

Rank Sector Weight
1 Financials 19.1%
2 Technology 14.28%
3 Healthcare 13.74%
4 Communication Services 9.56%
5 Industrials 9.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XL
451
DELISTED
XL Group Ltd.
XL
$3.29M 0.03%
98,862
-1,600
-2% -$54.6K
REG icon
452
Regency Centers
REG
$14.1B
$3.28M 0.03%
39,200
+200
+0.5% +$15.4K
HAS icon
453
Hasbro
HAS
$13.2B
$3.28M 0.03%
38,999
+300
+0.8% +$25.4K
WU icon
454
Western Union
WU
$2.21B
$3.27M 0.03%
170,594
-2,200
-1% -$42.7K
BG icon
455
Bunge Global
BG
$20.8B
$3.25M 0.03%
55,000
– –
KEY icon
456
KeyCorp
KEY
$24.4B
$3.23M 0.03%
292,674
+5,000
+2% +$59.6K
IPG
457
DELISTED
Interpublic Group of Companies
IPG
$3.23M 0.03%
139,773
+1,300
+0.9% +$30.5K
IT icon
458
Gartner
IT
$11.7B
$3.22M 0.03%
33,100
+200
+0.6% +$19K
MAA icon
459
Mid-America Apartment Communities
MAA
$15.7B
$3.22M 0.03%
30,300
+200
+0.7% +$20.1K
LNC icon
460
Lincoln National
LNC
$8.81B
$3.22M 0.03%
82,997
– –
ANSS
461
DELISTED
Ansys
ANSS
$3.2M 0.03%
35,300
+100
+0.3% +$8.84K
J icon
462
Jacobs Solutions
J
$17B
$3.19M 0.03%
77,484
-18,618
-19% -$734K
WR
463
DELISTED
Westar Energy Inc
WR
$3.19M 0.03%
56,850
+300
+0.5% +$15.9K
MOS icon
464
The Mosaic Company
MOS
$7.33B
$3.18M 0.02%
121,530
+200
+0.2% +$5.31K
SNA icon
465
Snap-on
SNA
$21.5B
$3.18M 0.02%
20,151
+100
+0.5% +$15.9K
EFOI icon
466
Energy Focus
EFOI
$20.3M
$3.17M 0.02%
14,522
-1,249
-8% -$296K
HII icon
467
Huntington Ingalls Industries
HII
$12.8B
$3.17M 0.02%
18,834
+100
+0.5% +$15.2K
VAL
468
DELISTED
Valspar
VAL
$3.17M 0.02%
29,300
+300
+1% +$32.2K
ALB icon
469
Albemarle
ALB
$15.5B
$3.15M 0.02%
39,700
-5,120
-11% -$376K
SEE
470
DELISTED
Sealed Air
SEE
$3.15M 0.02%
68,484
+1,000
+1% +$47.8K
XRX icon
471
Xerox
XRX
$425M
$3.14M 0.02%
125,523
+1,101
+0.9% +$29K
UGI icon
472
UGI
UGI
$7.33B
$3.14M 0.02%
69,300
+700
+1% +$29.5K
LNT icon
473
Alliant Energy
LNT
$18B
$3.13M 0.02%
78,900
-11,620
-13% -$431K
PNW icon
474
Pinnacle West Capital
PNW
$12.2B
$3.13M 0.02%
38,623
+400
+1% +$29.8K
ANDV
475
DELISTED
Andeavor
ANDV
$3.12M 0.02%
41,667
+600
+1% +$47.6K
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 Q2 2016 Portfolio in Review

As of Q2 2016, State of Michigan Retirement System held 987 positions worth $12.8B, up 1.4% from $12.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q2 2016: portfolio turnover was 5%. State of Michigan Retirement System opened 29 new positions and exited 20, leaving the 987-position portfolio largely intact.

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

  • State of Michigan Retirement System's largest Q2 2016 buy was Block Inc: 11,349,190 shares worth $103M.
  • State of Michigan Retirement System added most to Berkshire Hathaway Class B in Q2 2016, an estimated $171M increase.
  • State of Michigan Retirement System's biggest Q2 2016 reduction was Wells Fargo, cutting an estimated $181M.
  • State of Michigan Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $20M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $12.8B portfolio in Q2 2016.
  • State of Michigan Retirement System opened 29 new positions and closed 20 in Q2 2016.
  • State of Michigan Retirement System's portfolio value rose 1.4% quarter-over-quarter to $12.8B.

Based on State of Michigan Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.