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
+3.9%
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
+$242M
Cap. Flow
-$121M
Cap. Flow %
-0.96%
Top 10 Hldgs %
23.86%
Holding
959
New
19
Increased
657
Reduced
198
Closed
23

Top Buys

Rank Stock Value
1
AGNC icon
AGNC Investment
AGNC
+$83.8M
2
EXC icon
Exelon
EXC
+$70.1M
3
ORCL icon
Oracle
ORCL
+$29.3M
4
AVY icon
Avery Dennison
AVY
+$28.1M
5
NLSN
Nielsen Holdings plc
NLSN
+$27.4M

Top Sells

Rank Stock Value
1
AFL icon
Aflac
AFL
+$146M
2
MON
Monsanto Co
MON
+$61.8M
3
XYZ
Block Inc
XYZ
+$58.9M
4
VLO icon
Valero Energy
VLO
+$41.2M
5
TWX
Time Warner Inc
TWX
+$39.4M

Sector Composition

Rank Sector Weight
1 Financials 16.69%
2 Technology 15.7%
3 Healthcare 15.25%
4 Consumer Discretionary 9.01%
5 Communication Services 8.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TMO icon
26
Thermo Fisher Scientific
TMO
$214B
$93.1M 0.74%
449,531
+5,900
+1% +$1.25M
XYZ
27
Block Inc
XYZ
$47.5B
$90.6M 0.72%
1,470,500
-1,070,000
-42% -$58.9M
ADBE icon
28
Adobe
ADBE
$103B
$89.4M 0.71%
366,553
-157,500
-30% -$37.3M
T icon
29
AT&T
T
$162B
$81.8M 0.65%
3,372,752
+543,815
+19% +$13.6M
BA icon
30
Boeing
BA
$184B
$81.3M 0.64%
242,250
+26,800
+12% +$9.22M
BAC icon
31
Bank of America
BAC
$441B
$78.7M 0.62%
2,791,835
-24,800
-0.9% -$740K
USB icon
32
US Bancorp
USB
$99.4B
$76.6M 0.6%
1,531,042
-100
-0% -$5.08K
SYK icon
33
Stryker
SYK
$129B
$76M 0.6%
450,196
+85,300
+23% +$14.3M
SHW icon
34
Sherwin-Williams
SHW
$88.2B
$73.1M 0.58%
538,173
– –
IJH icon
35
iShares Core S&P Mid-Cap ETF
IJH
$125B
$72M 0.57%
1,849,000
+122,500
+7% +$4.73M
CVX icon
36
Chevron
CVX
$371B
$71.5M 0.56%
565,768
+3,400
+0.6% +$422K
PFE icon
37
Pfizer
PFE
$149B
$70.9M 0.56%
2,058,806
-431,718
-17% -$14.8M
PM icon
38
Philip Morris
PM
$293B
$70M 0.55%
867,065
+245,300
+39% +$20.8M
UNH icon
39
UnitedHealth
UNH
$367B
$69.8M 0.55%
284,513
-400
-0.1% -$96K
AFL icon
40
Aflac
AFL
$64.5B
$69.8M 0.55%
1,621,880
-3,254,059
-67% -$146M
FTAI icon
41
FTAI Aviation
FTAI
$22.7B
$68.2M 0.54%
4,422,777
– –
ORCL icon
42
Oracle
ORCL
$413B
$67.2M 0.53%
1,524,960
+635,300
+71% +$29.3M
DIS icon
43
Walt Disney
DIS
$181B
$66.6M 0.53%
635,553
-27,100
-4% -$2.77M
PG icon
44
Procter & Gamble
PG
$342B
$65.1M 0.51%
834,503
-278,700
-25% -$21M
IBM icon
45
IBM
IBM
$220B
$64.4M 0.51%
482,506
+627
+0.1% +$87.4K
BKNG icon
46
Booking.com
BKNG
$156B
$63.3M 0.5%
780,625
-2,500
-0.3% -$211K
ACN icon
47
Accenture
ACN
$105B
$62.8M 0.5%
383,686
-7,300
-2% -$1.14M
ABBV icon
48
AbbVie
ABBV
$431B
$60.4M 0.48%
651,503
-20,600
-3% -$2.01M
CSCO icon
49
Cisco
CSCO
$476B
$59.9M 0.47%
1,392,391
-25,900
-2% -$1.13M
MO icon
50
Altria Group
MO
$113B
$58.5M 0.46%
1,029,402
+116,800
+13% +$6.74M
1
2
3 4 5

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 2018 Portfolio in Review

As of Q2 2018, State of Michigan Retirement System held 959 positions worth $12.7B, up 1.9% from $12.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q2 2018: portfolio turnover was 4.4%. State of Michigan Retirement System opened 19 new positions and exited 23, leaving the 959-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q2 2018 buy was Rithm Capital: 670,000 shares worth $11.7M.
  • State of Michigan Retirement System added most to AGNC Investment in Q2 2018, an estimated $83.8M increase.
  • State of Michigan Retirement System's biggest Q2 2018 reduction was Aflac, cutting an estimated $146M.
  • State of Michigan Retirement System fully exited Monsanto Co in Q2 2018, selling an estimated $61.8M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $12.7B portfolio in Q2 2018.
  • State of Michigan Retirement System opened 19 new positions and closed 23 in Q2 2018.
  • State of Michigan Retirement System's portfolio value rose 1.9% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q2 2018, filed 8 Aug 2018.