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
+3.97%
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
$19.2B
AUM Growth
-$930M
Cap. Flow
-$1.27B
Cap. Flow %
-6.6%
Top 10 Hldgs %
36.92%
Holding
967
New
17
Increased
176
Reduced
601
Closed
16

Top Buys

Rank Stock Value
1
CI icon
Cigna
CI
+$47.8M
2
HUBS icon
HubSpot
HUBS
+$32M
3
XYZ
Block Inc
XYZ
+$24.7M
4
AMZN icon
Amazon
AMZN
+$20.7M
5
CVS icon
CVS Health
CVS
+$19.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$594M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$419M
3
T icon
AT&T
T
+$261M
4
MSFT icon
Microsoft
MSFT
+$42.8M
5
NVDA icon
NVIDIA
NVDA
+$35.2M

Sector Composition

Rank Sector Weight
1 Technology 29.57%
2 Financials 10.76%
3 Consumer Discretionary 10.46%
4 Healthcare 9.52%
5 Communication Services 9.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DPZ icon
476
Domino's
DPZ
$11.5B
$3.94M 0.02%
9,380
-100
-1% -$43.7K
CSL icon
477
Carlisle Companies
CSL
$15.3B
$3.94M 0.02%
10,672
-300
-3% -$131K
WSO icon
478
Watsco Inc
WSO
$13.5B
$3.93M 0.02%
8,283
-600
-7% -$304K
RPM icon
479
RPM International
RPM
$14.8B
$3.9M 0.02%
31,718
+1,100
+4% +$145K
SLP icon
480
Simulations Plus
SLP
$371M
$3.89M 0.02%
139,500
– –
DOC icon
481
Healthpeak Properties
DOC
$14.4B
$3.85M 0.02%
189,793
-1,900
-1% -$41.2K
DT icon
482
Dynatrace
DT
$14.6B
$3.84M 0.02%
70,700
– –
SJM icon
483
J.M. Smucker
SJM
$12.6B
$3.84M 0.02%
34,861
+1,400
+4% +$161K
MRNA icon
484
Moderna
MRNA
$23.9B
$3.82M 0.02%
91,941
-183,107
-67% -$8.75M
ROL icon
485
Rollins
ROL
$17.9B
$3.77M 0.02%
81,358
-900
-1% -$44.1K
TAP icon
486
Molson Coors Class B
TAP
$7.93B
$3.76M 0.02%
65,670
+4,100
+7% +$239K
CPT icon
487
Camden Property Trust
CPT
$11B
$3.74M 0.02%
32,200
+800
+3% +$95.8K
BG icon
488
Bunge Global
BG
$21.6B
$3.73M 0.02%
48,000
+4,600
+11% +$404K
USFD icon
489
US Foods
USFD
$23.9B
$3.72M 0.02%
55,200
-2,900
-5% -$190K
EQH icon
490
Equitable Holdings
EQH
$14.4B
$3.71M 0.02%
78,586
-2,900
-4% -$134K
AMCR icon
491
Amcor
AMCR
$21.8B
$3.69M 0.02%
78,455
-260
-0.3% -$13.6K
RVTY icon
492
Revvity
RVTY
$12.9B
$3.69M 0.02%
33,038
-600
-2% -$70.5K
JBHT icon
493
JB Hunt Transport Services
JBHT
$25B
$3.69M 0.02%
21,595
-300
-1% -$53.6K
JKHY icon
494
Jack Henry & Associates
JKHY
$11B
$3.68M 0.02%
21,016
-200
-0.9% -$35.7K
SWK icon
495
Stanley Black & Decker
SWK
$15.5B
$3.68M 0.02%
45,831
+1,300
+3% +$121K
FNF icon
496
Fidelity National Financial
FNF
$12.9B
$3.63M 0.02%
64,700
-300
-0.5% -$18.1K
XPO icon
497
XPO
XPO
$23.5B
$3.61M 0.02%
27,542
-100
-0.4% -$13.5K
EPAM icon
498
EPAM Systems
EPAM
$5.02B
$3.61M 0.02%
15,427
-100
-0.6% -$22.2K
GGG icon
499
Graco
GGG
$13.5B
$3.59M 0.02%
42,564
-500
-1% -$43.3K
FIX icon
500
Comfort Systems
FIX
$58.9B
$3.56M 0.02%
8,400
– –
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 Q4 2024 Portfolio in Review

As of Q4 2024, State of Michigan Retirement System held 967 positions worth $19.2B, down 4.6% from $20.2B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

State of Michigan Retirement System withdrew a net $1.27B in Q4 2024, closing 16 positions and reducing 601 holdings. Its most notable exit was iShares Core US Aggregate Bond ETF, an estimated $419M position sold in full.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, State of Michigan Retirement System opened a new position in Apollo Global Management worth $20M.

  • State of Michigan Retirement System's largest Q4 2024 buy was Apollo Global Management: 121,300 shares worth $20M.
  • State of Michigan Retirement System added most to Cigna in Q4 2024, an estimated $47.8M increase.
  • State of Michigan Retirement System's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $594M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q4 2024, selling an estimated $419M.
  • State of Michigan Retirement System's ten largest holdings make up 37% of its $19.2B portfolio in Q4 2024.
  • State of Michigan Retirement System opened 17 new positions and closed 16 in Q4 2024.
  • State of Michigan Retirement System's portfolio value fell 4.6% quarter-over-quarter to $19.2B.

Based on State of Michigan Retirement System's 13F filing for Q4 2024, filed 6 Feb 2025.