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
-2.89%
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
$15.5B
AUM Growth
-$744M
Cap. Flow
-$126M
Cap. Flow %
-0.82%
Top 10 Hldgs %
33.75%
Holding
989
New
20
Increased
99
Reduced
774
Closed
25

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$60.1M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$39.9M
3
META icon
Meta Platforms (Facebook)
META
+$28.3M
4
XLE icon
State Street Energy Select Sector SPDR ETF
XLE
+$28M
5
GLOB icon
Globant
GLOB
+$25.9M

Top Sells

Rank Stock Value
1
APO icon
Apollo Global Management
APO
+$49.8M
2
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$48.1M
3
FTNT icon
Fortinet
FTNT
+$38.4M
4
HSY icon
Hershey
HSY
+$32.4M
5
AAPL icon
Apple
AAPL
+$22.6M

Sector Composition

Rank Sector Weight
1 Technology 23.73%
2 Financials 11.52%
3 Healthcare 10.89%
4 Communication Services 9.71%
5 Consumer Discretionary 8.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LW icon
451
Lamb Weston
LW
$7.12B
$3.69M 0.02%
39,932
-100
-0.2% -$10.1K
EVRG icon
452
Evergy
EVRG
$18.9B
$3.67M 0.02%
72,381
-2,000
-3% -$114K
TRMB icon
453
Trimble
TRMB
$13.6B
$3.67M 0.02%
68,123
– –
DPZ icon
454
Domino's
DPZ
$11.5B
$3.63M 0.02%
9,580
-100
-1% -$38.5K
IP icon
455
International Paper
IP
$21.9B
$3.62M 0.02%
101,948
-1,900
-2% -$64.6K
OC icon
456
Owens Corning
OC
$12.2B
$3.57M 0.02%
26,188
-1,500
-5% -$206K
WRB icon
457
W.R. Berkley
WRB
$26.3B
$3.54M 0.02%
83,619
+750
+0.9% +$31.1K
L icon
458
Loews
L
$23.3B
$3.54M 0.02%
55,852
-2,200
-4% -$137K
SWK icon
459
Stanley Black & Decker
SWK
$15.5B
$3.51M 0.02%
42,031
-100
-0.2% -$9.27K
STX icon
460
Seagate
STX
$182B
$3.49M 0.02%
52,905
-100
-0.2% -$6.44K
CE icon
461
Celanese
CE
$4.88B
$3.45M 0.02%
27,452
-100
-0.4% -$12.3K
LNT icon
462
Alliant Energy
LNT
$17.7B
$3.36M 0.02%
69,259
+100
+0.1% +$5.18K
ZBRA icon
463
Zebra Technologies
ZBRA
$17.9B
$3.33M 0.02%
14,091
-100
-0.7% -$27.2K
BWA icon
464
BorgWarner
BWA
$14.1B
$3.32M 0.02%
82,282
-14,939
-15% -$633K
NDSN icon
465
Nordson
NDSN
$17.2B
$3.31M 0.02%
14,851
+100
+0.7% +$23.9K
MAS icon
466
Masco
MAS
$14.7B
$3.29M 0.02%
61,617
-300
-0.5% -$17.3K
WSO icon
467
Watsco Inc
WSO
$13.5B
$3.24M 0.02%
8,583
-500
-6% -$181K
LYV icon
468
Live Nation Entertainment
LYV
$43B
$3.23M 0.02%
38,911
-700
-2% -$61K
JKHY icon
469
Jack Henry & Associates
JKHY
$11B
$3.22M 0.02%
21,316
-400
-2% -$64.5K
GEN icon
470
Gen Digital
GEN
$17.5B
$3.2M 0.02%
181,275
-1,400
-0.8% -$27.3K
SNAP icon
471
Snap
SNAP
$9.05B
$3.2M 0.02%
359,370
– –
GGG icon
472
Graco
GGG
$13.5B
$3.16M 0.02%
43,364
-1,900
-4% -$150K
IPG
473
DELISTED
Interpublic Group of Companies
IPG
$3.15M 0.02%
109,992
-1,700
-2% -$56.7K
HST icon
474
Host Hotels & Resorts
HST
$15.5B
$3.13M 0.02%
195,029
-500
-0.3% -$8.33K
CSL icon
475
Carlisle Companies
CSL
$15.3B
$3.1M 0.02%
11,972
-600
-5% -$161K
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
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
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return
IC
IEQ Capital Foster City, California $21.5B AUM 75.26% 1-Year Est. Return

State of Michigan Retirement System's Q3 2023 Portfolio in Review

As of Q3 2023, State of Michigan Retirement System held 989 positions worth $15.5B, down 4.6% from $16.2B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Trading was light in Q3 2023: portfolio turnover was 4.6%. State of Michigan Retirement System opened 20 new positions and exited 25, leaving the 989-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 25% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q3 2023 buy was Globant: 138,200 shares worth $27.3M.
  • State of Michigan Retirement System added most to AT&T in Q3 2023, an estimated $60.1M increase.
  • State of Michigan Retirement System's biggest Q3 2023 reduction was Apollo Global Management, cutting an estimated $49.8M.
  • State of Michigan Retirement System fully exited Life Storage, Inc. in Q3 2023, selling an estimated $2.78M.
  • State of Michigan Retirement System's ten largest holdings make up 34% of its $15.5B portfolio in Q3 2023.
  • State of Michigan Retirement System opened 20 new positions and closed 25 in Q3 2023.
  • State of Michigan Retirement System's portfolio value fell 4.6% quarter-over-quarter to $15.5B.

Based on State of Michigan Retirement System's 13F filing for Q3 2023, filed 27 Oct 2023.