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
-3.04%
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
$17.3B
AUM Growth
-$1.9B
Cap. Flow
-$1.06B
Cap. Flow %
-6.11%
Top 10 Hldgs %
32.47%
Holding
963
New
12
Increased
395
Reduced
310
Closed
19

Top Buys

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$35M
2
AVGO icon
Broadcom
AVGO
+$34.7M
3
VRT icon
Vertiv
VRT
+$18.2M
4
XYZ
Block Inc
XYZ
+$17.4M
5
DASH icon
DoorDash
DASH
+$17.3M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$585M
2
CVS icon
CVS Health
CVS
+$190M
3
T icon
AT&T
T
+$153M
4
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$43M
5
MSFT icon
Microsoft
MSFT
+$36.3M

Sector Composition

Rank Sector Weight
1 Technology 28.36%
2 Financials 12.46%
3 Healthcare 10.12%
4 Consumer Discretionary 9.98%
5 Communication Services 9.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PTON icon
476
Peloton Interactive
PTON
$2.45B
$3.77M 0.02%
596,477
– –
HOLX
477
DELISTED
Hologic
HOLX
$3.76M 0.02%
60,865
-2,200
-3% -$146K
GWRE icon
478
Guidewire Software
GWRE
$14.7B
$3.75M 0.02%
+20,000
New +$3.89M
AKAM icon
479
Akamai
AKAM
$17B
$3.73M 0.02%
46,389
– –
IEX icon
480
IDEX
IEX
$17.4B
$3.72M 0.02%
20,580
– –
RPM icon
481
RPM International
RPM
$14.9B
$3.7M 0.02%
32,018
+300
+0.9% +$36.5K
LKQ icon
482
LKQ Corp
LKQ
$6.27B
$3.69M 0.02%
86,783
– –
UDR icon
483
UDR
UDR
$12.1B
$3.69M 0.02%
81,645
+200
+0.2% +$8.56K
SWKS icon
484
Skyworks Solutions
SWKS
$10.4B
$3.66M 0.02%
56,583
+300
+0.5% +$22.8K
SFM icon
485
Sprouts Farmers Market
SFM
$7.87B
$3.65M 0.02%
23,896
+200
+0.8% +$29.8K
TER icon
486
Teradyne
TER
$59.5B
$3.65M 0.02%
44,135
-100
-0.2% -$11.2K
CSL icon
487
Carlisle Companies
CSL
$15.5B
$3.63M 0.02%
10,672
– –
BJ icon
488
BJs Wholesale Club
BJ
$12.1B
$3.61M 0.02%
31,615
+200
+0.6% +$20.6K
USFD icon
489
US Foods
USFD
$24.2B
$3.61M 0.02%
55,100
-100
-0.2% -$6.83K
LVS icon
490
Las Vegas Sands
LVS
$29.6B
$3.6M 0.02%
93,201
-1,300
-1% -$57.4K
GGG icon
491
Graco
GGG
$13.5B
$3.59M 0.02%
42,964
+400
+0.9% +$33.9K
BG icon
492
Bunge Global
BG
$21.4B
$3.54M 0.02%
46,300
-1,700
-4% -$127K
VTRS icon
493
Viatris
VTRS
$18.7B
$3.53M 0.02%
405,420
-200
-0% -$2.1K
SWK icon
494
Stanley Black & Decker
SWK
$15.7B
$3.52M 0.02%
45,831
– –
OC icon
495
Owens Corning
OC
$12.4B
$3.5M 0.02%
24,488
+200
+0.8% +$33.1K
RVTY icon
496
Revvity
RVTY
$12.9B
$3.5M 0.02%
33,038
– –
SLP icon
497
Simulations Plus
SLP
$370M
$3.42M 0.02%
139,500
– –
OVV icon
498
Ovintiv
OVV
$17.7B
$3.4M 0.02%
79,500
+700
+0.9% +$29.9K
UHS icon
499
Universal Health Services
UHS
$10B
$3.38M 0.02%
17,974
– –
DT icon
500
Dynatrace
DT
$14.6B
$3.38M 0.02%
71,600
+900
+1% +$49.2K
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
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
OAG
Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

State of Michigan Retirement System's Q1 2025 Portfolio in Review

As of Q1 2025, State of Michigan Retirement System held 963 positions worth $17.3B, down 9.9% from $19.2B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

State of Michigan Retirement System withdrew a net $1.06B in Q1 2025, closing 19 positions and reducing 310 holdings. Its most notable exit was iShares Biotechnology ETF, an estimated $18.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.

Against the trend, State of Michigan Retirement System opened a new position in DoorDash worth $16.8M.

  • State of Michigan Retirement System's largest Q1 2025 buy was DoorDash: 92,000 shares worth $16.8M.
  • State of Michigan Retirement System added most to JPMorgan Chase in Q1 2025, an estimated $35M increase.
  • State of Michigan Retirement System's biggest Q1 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $585M.
  • State of Michigan Retirement System fully exited iShares Biotechnology ETF in Q1 2025, selling an estimated $18.1M.
  • State of Michigan Retirement System's ten largest holdings make up 32% of its $17.3B portfolio in Q1 2025.
  • State of Michigan Retirement System opened 12 new positions and closed 19 in Q1 2025.
  • State of Michigan Retirement System's portfolio value fell 9.9% quarter-over-quarter to $17.3B.

Based on State of Michigan Retirement System's 13F filing for Q1 2025, filed 30 Apr 2025.