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
+3.91%
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
-$93.8M
Cap. Flow
-$464M
Cap. Flow %
-3.66%
Top 10 Hldgs %
23.31%
Holding
990
New
23
Increased
560
Reduced
296
Closed
25

Top Buys

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$118M
2
VZ icon
Verizon
VZ
+$87.7M
3
CVS icon
CVS Health
CVS
+$75.8M
4
GILD icon
Gilead Sciences
GILD
+$30.6M
5
TWX
Time Warner Inc
TWX
+$25.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$248M
2
WFC icon
Wells Fargo
WFC
+$134M
3
TSLA icon
Tesla
TSLA
+$72.1M
4
MSFT icon
Microsoft
MSFT
+$53.6M
5
AAPL icon
Apple
AAPL
+$48.9M

Sector Composition

Rank Sector Weight
1 Financials 19.25%
2 Technology 15.25%
3 Healthcare 14.33%
4 Communication Services 10.83%
5 Industrials 8.84%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HOG icon
451
Harley-Davidson
HOG
$2.71B
$3.28M 0.03%
62,449
-500
-0.8% -$25.9K
XYL icon
452
Xylem
XYL
$28.1B
$3.28M 0.03%
62,544
-26,300
-30% -$1.29M
REG icon
453
Regency Centers
REG
$14.1B
$3.26M 0.03%
42,100
+2,900
+7% +$234K
EXPD icon
454
Expeditors International
EXPD
$23.2B
$3.26M 0.03%
63,195
-100
-0.2% -$5.06K
MVIS icon
455
Microvision
MVIS
$78.9M
$3.26M 0.03%
157,292
– –
APEI icon
456
American Public Education
APEI
$940M
$3.25M 0.03%
164,320
-164,000
-50% -$3.97M
ANSS
457
DELISTED
Ansys
ANSS
$3.25M 0.03%
35,100
-200
-0.6% -$18.6K
RL icon
458
Ralph Lauren
RL
$23.6B
$3.25M 0.03%
32,133
-200
-0.6% -$20.1K
VAR
459
DELISTED
Varian Medical Systems, Inc.
VAR
$3.24M 0.03%
37,119
-571
-2% -$46.6K
WR
460
DELISTED
Westar Energy Inc
WR
$3.24M 0.03%
57,050
+200
+0.4% +$11.1K
AKAM icon
461
Akamai
AKAM
$15.9B
$3.23M 0.03%
60,947
-100
-0.2% -$5.35K
XL
462
DELISTED
XL Group Ltd.
XL
$3.23M 0.03%
95,962
-2,900
-3% -$97.5K
JNPR
463
DELISTED
Juniper Networks
JNPR
$3.22M 0.03%
133,700
+11,000
+9% +$255K
IRM icon
464
Iron Mountain
IRM
$36.1B
$3.21M 0.03%
85,430
+2,400
+3% +$92.6K
MSCI icon
465
MSCI
MSCI
$40.9B
$3.2M 0.03%
38,100
+3,200
+9% +$272K
DCI icon
466
Donaldson
DCI
$11.4B
$3.2M 0.03%
85,620
+4,000
+5% +$146K
FL
467
DELISTED
Foot Locker
FL
$3.2M 0.03%
47,200
-100
-0.2% -$6.24K
EG icon
468
Everest Group
EG
$14.4B
$3.19M 0.03%
16,820
-200
-1% -$37.6K
UGI icon
469
UGI
UGI
$7.33B
$3.15M 0.02%
69,700
+400
+0.6% +$18.3K
WFM
470
DELISTED
Whole Foods Market Inc
WFM
$3.15M 0.02%
111,214
-10,300
-8% -$317K
SEE
471
DELISTED
Sealed Air
SEE
$3.15M 0.02%
68,684
+200
+0.3% +$9.41K
AJG icon
472
Arthur J. Gallagher & Co
AJG
$63.6B
$3.14M 0.02%
61,800
+300
+0.5% +$14.8K
HAS icon
473
Hasbro
HAS
$13.2B
$3.13M 0.02%
39,399
+400
+1% +$32.5K
IPG
474
DELISTED
Interpublic Group of Companies
IPG
$3.13M 0.02%
139,873
+100
+0.1% +$2.3K
VAL
475
DELISTED
Valspar
VAL
$3.12M 0.02%
29,400
+100
+0.3% +$10.6K
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 Q3 2016 Portfolio in Review

As of Q3 2016, State of Michigan Retirement System held 990 positions worth $12.7B, down 0.73% from $12.8B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

State of Michigan Retirement System withdrew a net $464M in Q3 2016, closing 25 positions and reducing 296 holdings. Its most notable exit was Tesla, an estimated $72.1M 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 Technology and Healthcare.

Against the trend, State of Michigan Retirement System opened a new position in Charter Communications worth $20.4M.

  • State of Michigan Retirement System's largest Q3 2016 buy was Charter Communications: 75,600 shares worth $20.4M.
  • State of Michigan Retirement System added most to JPMorgan Chase in Q3 2016, an estimated $118M increase.
  • State of Michigan Retirement System's biggest Q3 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $248M.
  • State of Michigan Retirement System fully exited Tesla in Q3 2016, selling an estimated $72.1M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $12.7B portfolio in Q3 2016.
  • State of Michigan Retirement System opened 23 new positions and closed 25 in Q3 2016.
  • State of Michigan Retirement System's portfolio value fell 0.73% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q3 2016, filed 2 Nov 2016.