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
+22.37%
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
$11.4B
AUM Growth
+$2.34B
Cap. Flow
+$480M
Cap. Flow %
4.21%
Top 10 Hldgs %
24.68%
Holding
969
New
26
Increased
830
Reduced
54
Closed
38

Top Buys

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$178M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$152M
3
CVS icon
CVS Health
CVS
+$102M
4
RTX icon
RTX Corp
RTX
+$61.1M
5
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
+$51M

Top Sells

Rank Stock Value
1
AGNC icon
AGNC Investment
AGNC
+$197M
2
EXC icon
Exelon
EXC
+$92.1M
3
META icon
Meta Platforms (Facebook)
META
+$85.5M
4
GIS icon
General Mills
GIS
+$45.5M
5
RTN
Raytheon Company
RTN
+$39.1M

Sector Composition

Rank Sector Weight
1 Technology 22.75%
2 Healthcare 13.43%
3 Financials 13.35%
4 Consumer Discretionary 8.62%
5 Communication Services 8.42%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HUBB icon
476
Hubbell
HUBB
$26.7B
$2.48M 0.02%
19,759
+4,645
+31% +$566K
CZR
477
DELISTED
Caesars Entertainment Corporation
CZR
$2.48M 0.02%
204,150
+49,350
+32% +$498K
CINF icon
478
Cincinnati Financial
CINF
$26.7B
$2.47M 0.02%
38,541
+3,720
+11% +$246K
XRAY icon
479
Dentsply Sirona
XRAY
$2.34B
$2.46M 0.02%
55,949
+4,983
+10% +$211K
AES icon
480
AES
AES
$10.5B
$2.46M 0.02%
169,857
+17,652
+12% +$232K
OHI icon
481
Omega Healthcare
OHI
$14.4B
$2.46M 0.02%
82,561
+21,961
+36% +$651K
HAS icon
482
Hasbro
HAS
$13.3B
$2.44M 0.02%
32,572
+3,433
+12% +$248K
PKG icon
483
Packaging Corp of America
PKG
$22.7B
$2.42M 0.02%
24,250
+2,550
+12% +$243K
EMN icon
484
Eastman Chemical
EMN
$8.39B
$2.42M 0.02%
34,699
+3,529
+11% +$222K
ALLE icon
485
Allegion
ALLE
$14.1B
$2.41M 0.02%
23,535
+2,250
+11% +$222K
CSL icon
486
Carlisle Companies
CSL
$15.3B
$2.39M 0.02%
19,949
+4,229
+27% +$508K
LW icon
487
Lamb Weston
LW
$7.12B
$2.39M 0.02%
37,323
+3,823
+11% +$231K
GRUB
488
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
$2.35M 0.02%
16,733
+4,033
+32% +$427K
HBAN icon
489
Huntington Bancshares
HBAN
$35.6B
$2.34M 0.02%
258,997
+22,259
+9% +$197K
AMED
490
DELISTED
Amedisys
AMED
$2.33M 0.02%
11,751
+2,751
+31% +$513K
WOLF icon
491
Wolfspeed
WOLF
$1.52B
$2.33M 0.02%
39,391
-4,737
-11% -$228K
WSM icon
492
Williams-Sonoma
WSM
$29.5B
$2.32M 0.02%
56,658
+13,658
+32% +$465K
OLED icon
493
Universal Display
OLED
$4.16B
$2.3M 0.02%
15,398
+3,598
+30% +$528K
GNTX icon
494
Gentex
GNTX
$5.02B
$2.3M 0.02%
89,096
-910,604
-91% -$22.8M
FBIN icon
495
Fortune Brands Innovations
FBIN
$5.73B
$2.28M 0.02%
41,758
+4,477
+12% +$208K
WU icon
496
Western Union
WU
$2.19B
$2.27M 0.02%
104,907
+8,781
+9% +$178K
DISH
497
DELISTED
DISH Network Corp.
DISH
$2.27M 0.02%
65,666
+6,966
+12% +$194K
KRC icon
498
Kilroy Realty
KRC
$4.32B
$2.26M 0.02%
38,538
+11,438
+42% +$693K
MKSI icon
499
MKS Inc
MKSI
$19.8B
$2.26M 0.02%
19,940
+4,840
+32% +$482K
PRAH
500
DELISTED
PRA Health Sciences, Inc.
PRAH
$2.26M 0.02%
23,197
+5,697
+33% +$530K
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
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 Q2 2020 Portfolio in Review

As of Q2 2020, State of Michigan Retirement System held 969 positions worth $11.4B, up 26% from $9.07B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Michigan Retirement System deployed $480M of net new capital in Q2 2020, opening 26 new positions and adding to 830 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,366,000 shares worth $184M.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was AGNC Investment, an estimated $197M trimmed.

  • State of Michigan Retirement System's largest Q2 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,366,000 shares worth $184M.
  • State of Michigan Retirement System added most to iShares Core US Aggregate Bond ETF in Q2 2020, an estimated $152M increase.
  • State of Michigan Retirement System's biggest Q2 2020 reduction was AGNC Investment, cutting an estimated $197M.
  • State of Michigan Retirement System fully exited Raytheon Company in Q2 2020, selling an estimated $39.1M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $11.4B portfolio in Q2 2020.
  • State of Michigan Retirement System opened 26 new positions and closed 38 in Q2 2020.
  • State of Michigan Retirement System's portfolio value rose 26% quarter-over-quarter to $11.4B.

Based on State of Michigan Retirement System's 13F filing for Q2 2020, filed 29 Jul 2020.