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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SCG
476
DELISTED
Scana
SCG
$2.96M 0.02%
48,884
-2,700
-5% -$158K
AMG icon
477
Affiliated Managers Group
AMG
$9.76B
$2.96M 0.02%
18,500
-1,100
-6% -$189K
VRSN icon
478
VeriSign
VRSN
$26.6B
$2.93M 0.02%
33,553
-2,600
-7% -$217K
RJF icon
479
Raymond James Financial
RJF
$34B
$2.92M 0.02%
75,488
-12,150
-14% -$453K
MRO
480
DELISTED
Marathon Oil Corporation
MRO
$2.92M 0.02%
231,676
-12,800
-5% -$215K
XRAY icon
481
Dentsply Sirona
XRAY
$2.43B
$2.91M 0.02%
47,789
-2,700
-5% -$161K
TIF
482
DELISTED
Tiffany & Co.
TIF
$2.91M 0.02%
38,122
-2,400
-6% -$187K
TNL icon
483
Travel + Leisure Co
TNL
$4.7B
$2.89M 0.02%
88,044
-6,424
-7% -$222K
XEC
484
DELISTED
CIMAREX ENERGY CO
XEC
$2.89M 0.02%
32,300
-1,700
-5% -$189K
TSS
485
DELISTED
Total System Services, Inc.
TSS
$2.88M 0.02%
57,933
-3,100
-5% -$162K
DINO icon
486
HF Sinclair
DINO
$14.5B
$2.88M 0.02%
72,290
-14,000
-16% -$663K
EXPD icon
487
Expeditors International
EXPD
$23.2B
$2.88M 0.02%
63,795
-4,600
-7% -$223K
DRE
488
DELISTED
Duke Realty Corp.
DRE
$2.87M 0.02%
136,500
-20,700
-13% -$424K
SEIC icon
489
SEI Investments
SEIC
$12.6B
$2.87M 0.02%
54,700
-8,100
-13% -$422K
AJG icon
490
Arthur J. Gallagher & Co
AJG
$63.6B
$2.86M 0.02%
69,900
-9,100
-12% -$391K
JLL icon
491
Jones Lang LaSalle
JLL
$16.7B
$2.85M 0.02%
17,800
-2,600
-13% -$411K
PCL
492
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
$2.83M 0.02%
59,381
-3,700
-6% -$168K
JBLU icon
493
JetBlue
JBLU
$2.29B
$2.82M 0.02%
124,523
-15,600
-11% -$389K
UTHR icon
494
United Therapeutics
UTHR
$23.1B
$2.82M 0.02%
18,000
-2,800
-13% -$408K
SNPS icon
495
Synopsys
SNPS
$79.7B
$2.81M 0.02%
61,700
-9,300
-13% -$450K
LNT icon
496
Alliant Energy
LNT
$18B
$2.8M 0.02%
89,720
-13,400
-13% -$403K
KSU
497
DELISTED
Kansas City Southern
KSU
$2.79M 0.02%
37,300
-2,500
-6% -$214K
UNM icon
498
Unum
UNM
$14.3B
$2.77M 0.02%
83,309
-5,900
-7% -$203K
CTAS icon
499
Cintas
CTAS
$81.3B
$2.73M 0.02%
119,772
-9,600
-7% -$219K
WCN
500
Waste Connections
WCN
$42B
$2.72M 0.02%
72,525
-11,850
-14% -$425K
18 19
20
21 22

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 Q4 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M 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 Healthcare and Technology.

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.