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
+6.41%
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
$12.7B
AUM Growth
+$329M
Cap. Flow
-$336M
Cap. Flow %
-2.65%
Top 10 Hldgs %
24.56%
Holding
955
New
11
Increased
21
Reduced
876
Closed
16

Top Buys

Rank Stock Value
1
GILD icon
Gilead Sciences
GILD
+$49.6M
2
CVS icon
CVS Health
CVS
+$43.5M
3
AGNC icon
AGNC Investment
AGNC
+$41M
4
GPMT
Granite Point Mortgage Trust
GPMT
+$26.9M
5
MCHP icon
Microchip Technology
MCHP
+$19.1M

Top Sells

Rank Stock Value
1
HON icon
Honeywell
HON
+$72.5M
2
VR
Validus Hold Ltd
VR
+$39.5M
3
XYZ
Block Inc
XYZ
+$34.6M
4
DIS icon
Walt Disney
DIS
+$33.5M
5
ADBE icon
Adobe
ADBE
+$31.9M

Sector Composition

Rank Sector Weight
1 Financials 19.93%
2 Technology 14.55%
3 Healthcare 13.76%
4 Communication Services 10.45%
5 Industrials 7.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XLFS
501
DELISTED
POWERSHARES S&P SMALLCAP FINANCIALS PORTFOLIO
XLFS
$2.71M 0.02%
49,600
– –
WR
502
DELISTED
Westar Energy Inc
WR
$2.69M 0.02%
51,050
-2,400
-4% -$129K
AFG icon
503
American Financial Group
AFG
$12.1B
$2.68M 0.02%
24,690
-1,100
-4% -$115K
KSS icon
504
Kohl's
KSS
$2.19B
$2.68M 0.02%
49,410
-1,700
-3% -$78.2K
STE icon
505
Steris
STE
$23.1B
$2.68M 0.02%
30,600
-1,300
-4% -$116K
NDSN icon
506
Nordson
NDSN
$17.3B
$2.67M 0.02%
18,260
-800
-4% -$103K
EG icon
507
Everest Group
EG
$14.4B
$2.65M 0.02%
12,000
-500
-4% -$113K
HUBB icon
508
Hubbell
HUBB
$27.2B
$2.65M 0.02%
19,614
-1,000
-5% -$125K
ALK icon
509
Alaska Air
ALK
$5.58B
$2.65M 0.02%
36,096
-1,400
-4% -$99.6K
THO icon
510
Thor Industries
THO
$4.14B
$2.65M 0.02%
17,600
-800
-4% -$111K
SBNY
511
DELISTED
Signature Bank
SBNY
$2.65M 0.02%
19,300
-1,400
-7% -$184K
KRC icon
512
Kilroy Realty
KRC
$4.42B
$2.64M 0.02%
35,400
-1,600
-4% -$118K
MOS icon
513
The Mosaic Company
MOS
$7.33B
$2.64M 0.02%
102,882
-3,600
-3% -$82.7K
XL
514
DELISTED
XL Group Ltd.
XL
$2.64M 0.02%
75,046
-3,200
-4% -$124K
PHM icon
515
Pultegroup
PHM
$25.3B
$2.64M 0.02%
79,309
-4,900
-6% -$152K
WST icon
516
West Pharmaceutical
WST
$24.9B
$2.63M 0.02%
26,700
-1,100
-4% -$108K
NDAQ icon
517
Nasdaq
NDAQ
$52.9B
$2.62M 0.02%
102,333
-3,900
-4% -$98.4K
AOS icon
518
A.O. Smith
AOS
$8.7B
$2.62M 0.02%
42,700
-1,700
-4% -$103K
SEE
519
DELISTED
Sealed Air
SEE
$2.6M 0.02%
52,848
-4,800
-8% -$221K
PII icon
520
Polaris
PII
$4.07B
$2.59M 0.02%
20,900
-1,000
-5% -$119K
JBLU icon
521
JetBlue
JBLU
$2.29B
$2.57M 0.02%
115,223
-8,500
-7% -$174K
WU icon
522
Western Union
WU
$2.21B
$2.56M 0.02%
134,626
-6,200
-4% -$122K
ARW icon
523
Arrow Electronics
ARW
$10.4B
$2.55M 0.02%
31,662
-1,500
-5% -$121K
TOL icon
524
Toll Brothers
TOL
$14.5B
$2.54M 0.02%
52,900
-4,300
-8% -$198K
CSL icon
525
Carlisle Companies
CSL
$15.4B
$2.54M 0.02%
22,320
-1,400
-6% -$153K
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 2017 Portfolio in Review

As of Q4 2017, State of Michigan Retirement System held 955 positions worth $12.7B, up 2.7% from $12.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Trading was light in Q4 2017: portfolio turnover was 2.8%. State of Michigan Retirement System opened 11 new positions and exited 16, leaving the 955-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q4 2017 buy was Granite Point Mortgage Trust: 1,478,739 shares worth $26.2M.
  • State of Michigan Retirement System added most to Gilead Sciences in Q4 2017, an estimated $49.6M increase.
  • State of Michigan Retirement System's biggest Q4 2017 reduction was Validus Hold Ltd, cutting an estimated $39.5M.
  • State of Michigan Retirement System fully exited Honeywell in Q4 2017, selling an estimated $72.5M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.7B portfolio in Q4 2017.
  • State of Michigan Retirement System opened 11 new positions and closed 16 in Q4 2017.
  • State of Michigan Retirement System's portfolio value rose 2.7% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q4 2017, filed 1 Feb 2018.