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
EQT icon
501
EQT Corp
EQT
$32.3B
$2.72M 0.02%
95,836
-5,144
-5% -$173K
INGR icon
502
Ingredion
INGR
$6.58B
$2.71M 0.02%
28,300
-4,200
-13% -$398K
WAB icon
503
Wabtec
WAB
$49.3B
$2.71M 0.02%
38,100
-5,900
-13% -$471K
WWAV
504
DELISTED
The WhiteWave Foods Company
WWAV
$2.71M 0.02%
69,634
-10,300
-13% -$417K
MAA icon
505
Mid-America Apartment Communities
MAA
$15.7B
$2.71M 0.02%
29,800
-4,500
-13% -$391K
CNP icon
506
CenterPoint Energy
CNP
$26.8B
$2.7M 0.02%
147,138
-8,100
-5% -$144K
VAR
507
DELISTED
Varian Medical Systems, Inc.
VAR
$2.68M 0.02%
37,804
-2,851
-7% -$197K
FCX icon
508
Freeport-McMoran
FCX
$97.5B
$2.68M 0.02%
395,343
-13,000
-3% -$124K
FDS icon
509
Factset
FDS
$10.2B
$2.67M 0.02%
16,400
-2,200
-12% -$369K
MD icon
510
Pediatrix Medical
MD
$2.2B
$2.67M 0.02%
37,200
-5,600
-13% -$414K
CPGX
511
DELISTED
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
$2.66M 0.02%
133,066
+18,300
+16% +$363K
NTAP icon
512
NetApp
NTAP
$37.2B
$2.65M 0.02%
99,955
-8,600
-8% -$269K
CPT icon
513
Camden Property Trust
CPT
$11.3B
$2.63M 0.02%
34,300
-5,300
-13% -$404K
MSCI icon
514
MSCI
MSCI
$40.9B
$2.63M 0.02%
36,500
-9,300
-20% -$622K
IDXX icon
515
Idexx Laboratories
IDXX
$46.2B
$2.63M 0.02%
36,000
-5,900
-14% -$421K
GAS
516
DELISTED
AGL Resources Inc
GAS
$2.63M 0.02%
41,141
-2,300
-5% -$144K
ARE icon
517
Alexandria Real Estate Equities
ARE
$8.56B
$2.59M 0.02%
28,700
-4,200
-13% -$380K
HAS icon
518
Hasbro
HAS
$13.2B
$2.59M 0.02%
38,399
-2,200
-5% -$161K
COO icon
519
Cooper Companies
COO
$14.5B
$2.58M 0.02%
76,800
-11,600
-13% -$415K
STE icon
520
Steris
STE
$23.1B
$2.55M 0.02%
33,900
+6,700
+25% +$484K
ASH icon
521
Ashland
ASH
$3.5B
$2.55M 0.02%
50,800
-11,446
-18% -$603K
REG icon
522
Regency Centers
REG
$14.1B
$2.53M 0.02%
37,200
-5,700
-13% -$379K
CMA
523
DELISTED
Comerica
CMA
$2.53M 0.02%
60,476
-3,800
-6% -$166K
ATO icon
524
Atmos Energy
ATO
$28.8B
$2.53M 0.02%
40,100
-6,000
-13% -$369K
DRI icon
525
Darden Restaurants
DRI
$24.4B
$2.51M 0.02%
39,405
-6,914
-15% -$402K
19 20
21
22 23

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.