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
+0.33%
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
$12.4B
AUM Growth
-$256M
Cap. Flow
-$114M
Cap. Flow %
-0.92%
Top 10 Hldgs %
22.57%
Holding
956
New
17
Increased
679
Reduced
171
Closed
16

Top Buys

Rank Stock Value
1
GILD icon
Gilead Sciences
GILD
+$119M
2
AGNC icon
AGNC Investment
AGNC
+$85.4M
3
EXC icon
Exelon
EXC
+$81.7M
4
XYZ
Block Inc
XYZ
+$52.6M
5
MTGE
MTGE Investment Corp. Common Stock
MTGE
+$38.9M

Top Sells

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$266M
2
VZ icon
Verizon
VZ
+$189M
3
VR
Validus Hold Ltd
VR
+$141M
4
PG icon
Procter & Gamble
PG
+$91.3M
5
CELG
Celgene Corp
CELG
+$32.3M

Sector Composition

Rank Sector Weight
1 Financials 18.14%
2 Technology 16.4%
3 Healthcare 14.86%
4 Communication Services 8.71%
5 Consumer Discretionary 8.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WHR icon
451
Whirlpool
WHR
$2.82B
$3.18M 0.03%
20,789
-300
-1% -$50.1K
IFF icon
452
International Flavors & Fragrances
IFF
$21.9B
$3.18M 0.03%
23,242
+100
+0.4% +$14.5K
DINO icon
453
HF Sinclair
DINO
$14.5B
$3.16M 0.03%
64,690
+1,000
+2% +$47.6K
IT icon
454
Gartner
IT
$11.7B
$3.14M 0.03%
26,699
+100
+0.4% +$12.5K
NLSN
455
DELISTED
Nielsen Holdings plc
NLSN
$3.14M 0.03%
98,744
+600
+0.6% +$20.8K
WCG
456
DELISTED
Wellcare Health Plans, Inc.
WCG
$3.14M 0.03%
16,200
+200
+1% +$40.1K
PKG icon
457
Packaging Corp of America
PKG
$22.8B
$3.13M 0.03%
27,800
+100
+0.4% +$12.1K
LW icon
458
Lamb Weston
LW
$7.19B
$3.1M 0.03%
53,300
+800
+2% +$45.3K
UNM icon
459
Unum
UNM
$14.3B
$3.1M 0.03%
65,169
-600
-0.9% -$31.4K
DRI icon
460
Darden Restaurants
DRI
$24.4B
$3.1M 0.02%
36,353
+100
+0.3% +$9.47K
EG icon
461
Everest Group
EG
$14.4B
$3.08M 0.02%
12,000
– –
CDNS icon
462
Cadence Design Systems
CDNS
$93.4B
$3.06M 0.02%
83,300
+500
+0.6% +$20.4K
MAA icon
463
Mid-America Apartment Communities
MAA
$15.7B
$3.06M 0.02%
33,501
+200
+0.6% +$18.1K
ZION icon
464
Zions Bancorporation
ZION
$10.3B
$3.05M 0.02%
57,806
-700
-1% -$37.7K
AMG icon
465
Affiliated Managers Group
AMG
$9.76B
$3.04M 0.02%
16,056
-200
-1% -$39K
HOLX
466
DELISTED
Hologic
HOLX
$3.04M 0.02%
81,460
+600
+0.7% +$24.2K
HSIC icon
467
Henry Schein
HSIC
$9.82B
$3.04M 0.02%
57,686
-1,020
-2% -$56.5K
UHS icon
468
Universal Health Services
UHS
$10.5B
$3.04M 0.02%
25,652
– –
FMC icon
469
FMC
FMC
$1.33B
$3.03M 0.02%
45,583
+231
+0.5% +$17.2K
BFH icon
470
Bread Financial
BFH
$4.38B
$3.02M 0.02%
17,796
+125
+0.7% +$24.4K
ALB icon
471
Albemarle
ALB
$15.5B
$3.02M 0.02%
32,540
+100
+0.3% +$11K
MKTX icon
472
MarketAxess Holdings
MKTX
$5.72B
$2.98M 0.02%
13,700
+200
+1% +$41.1K
NDAQ icon
473
Nasdaq
NDAQ
$52.9B
$2.96M 0.02%
102,933
+600
+0.6% +$16.2K
JBHT icon
474
JB Hunt Transport Services
JBHT
$25.2B
$2.95M 0.02%
25,176
+100
+0.4% +$12K
TIF
475
DELISTED
Tiffany & Co.
TIF
$2.93M 0.02%
30,034
+100
+0.3% +$10.3K
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 Q1 2018 Portfolio in Review

As of Q1 2018, State of Michigan Retirement System held 956 positions worth $12.4B, down 2% from $12.7B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Trading was light in Q1 2018: portfolio turnover was 3.5%. State of Michigan Retirement System opened 17 new positions and exited 16, leaving the 956-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q1 2018 buy was MTGE Investment Corp. Common Stock: 2,200,000 shares worth $39.4M.
  • State of Michigan Retirement System added most to Gilead Sciences in Q1 2018, an estimated $119M increase.
  • State of Michigan Retirement System's biggest Q1 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $266M.
  • State of Michigan Retirement System fully exited Validus Hold Ltd in Q1 2018, selling an estimated $141M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $12.4B portfolio in Q1 2018.
  • State of Michigan Retirement System opened 17 new positions and closed 16 in Q1 2018.
  • State of Michigan Retirement System's portfolio value fell 2% quarter-over-quarter to $12.4B.

Based on State of Michigan Retirement System's 13F filing for Q1 2018, filed 8 May 2018.