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
-20.36%
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
$9.07B
AUM Growth
-$3.03B
Cap. Flow
-$67.8M
Cap. Flow %
-0.75%
Top 10 Hldgs %
24.73%
Holding
965
New
18
Increased
32
Reduced
868
Closed
22

Top Buys

Rank Stock Value
1
SPG icon
Simon Property Group
SPG
+$198M
2
AAPL icon
Apple
AAPL
+$87.1M
3
META icon
Meta Platforms (Facebook)
META
+$84.1M
4
JPM icon
JPMorgan Chase
JPM
+$68.1M
5
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$61.7M

Top Sells

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$157M
2
EG icon
Everest Group
EG
+$47.9M
3
EEFT icon
Euronet Worldwide
EEFT
+$35.6M
4
XLF icon
State Street Financial Select Sector SPDR ETF
XLF
+$32.1M
5
RTX icon
RTX Corp
RTX
+$29.4M

Sector Composition

Rank Sector Weight
1 Technology 19.9%
2 Financials 14.15%
3 Healthcare 13.94%
4 Communication Services 9.15%
5 Consumer Discretionary 7.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
OLED icon
501
Universal Display
OLED
$4.25B
$1.55M 0.02%
11,800
-700
-6% -$120K
POST icon
502
Post Holdings
POST
$3.59B
$1.53M 0.02%
28,268
-1,681
-6% -$109K
DRI icon
503
Darden Restaurants
DRI
$24.8B
$1.53M 0.02%
28,153
-1,500
-5% -$146K
NNN icon
504
NNN REIT
NNN
$8.75B
$1.53M 0.02%
47,600
-2,900
-6% -$146K
PRGO icon
505
Perrigo
PRGO
$1.74B
$1.5M 0.02%
31,222
-1,700
-5% -$91.2K
ABMD
506
DELISTED
Abiomed Inc
ABMD
$1.5M 0.02%
10,300
-600
-6% -$99.6K
AAP icon
507
Advance Auto Parts
AAP
$3.29B
$1.48M 0.02%
15,868
-900
-5% -$117K
FFIV icon
508
F5
FFIV
$23.6B
$1.48M 0.02%
13,872
-800
-5% -$97.8K
CACI icon
509
CACI
CACI
$14.6B
$1.48M 0.02%
7,000
-400
-5% -$99.4K
REG icon
510
Regency Centers
REG
$13.9B
$1.48M 0.02%
38,400
-2,100
-5% -$121K
JNPR
511
DELISTED
Juniper Networks
JNPR
$1.47M 0.02%
76,796
-4,200
-5% -$94.3K
LYV icon
512
Live Nation Entertainment
LYV
$42.8B
$1.47M 0.02%
32,300
-1,800
-5% -$111K
RGA icon
513
Reinsurance Group of America
RGA
$16B
$1.46M 0.02%
17,300
-1,100
-6% -$143K
PRAH
514
DELISTED
PRA Health Sciences, Inc.
PRAH
$1.45M 0.02%
17,500
-1,100
-6% -$107K
EMN icon
515
Eastman Chemical
EMN
$8.52B
$1.45M 0.02%
31,170
-1,700
-5% -$109K
EXEL icon
516
Exelixis
EXEL
$12.9B
$1.45M 0.02%
84,300
-5,100
-6% -$93.3K
PEN icon
517
Penumbra
PEN
$12.9B
$1.45M 0.02%
9,000
-500
-5% -$84.2K
AFG icon
518
American Financial Group
AFG
$12B
$1.45M 0.02%
20,690
-1,300
-6% -$125K
EPD icon
519
Enterprise Products Partners
EPD
$82B
$1.45M 0.02%
101,321
+28,260
+39% +$656K
CBSH icon
520
Commerce Bancshares
CBSH
$8.5B
$1.45M 0.02%
38,512
-2,412
-6% -$114K
JLL icon
521
Jones Lang LaSalle
JLL
$16.7B
$1.44M 0.02%
14,300
-900
-6% -$135K
AIZ icon
522
Assurant
AIZ
$14.1B
$1.44M 0.02%
13,857
-800
-5% -$98.6K
LKQ icon
523
LKQ Corp
LKQ
$6.26B
$1.44M 0.02%
70,252
-3,900
-5% -$116K
HWM icon
524
Howmet Aerospace
HWM
$113B
$1.43M 0.02%
115,840
-6,389
-5% -$133K
WSO icon
525
Watsco Inc
WSO
$13.2B
$1.42M 0.02%
9,000
-600
-6% -$101K
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
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 2020 Portfolio in Review

As of Q1 2020, State of Michigan Retirement System held 965 positions worth $9.07B, down 25% from $12.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Trading was light in Q1 2020: portfolio turnover was 4.1%. State of Michigan Retirement System opened 18 new positions and exited 22, leaving the 965-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q1 2020 buy was National General Holdings Corp: 1,300,000 shares worth $21.5M.
  • State of Michigan Retirement System added most to Simon Property Group in Q1 2020, an estimated $198M increase.
  • State of Michigan Retirement System's biggest Q1 2020 reduction was Everest Group, cutting an estimated $47.9M.
  • State of Michigan Retirement System fully exited Annaly Capital Management in Q1 2020, selling an estimated $157M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $9.07B portfolio in Q1 2020.
  • State of Michigan Retirement System opened 18 new positions and closed 22 in Q1 2020.
  • State of Michigan Retirement System's portfolio value fell 25% quarter-over-quarter to $9.07B.

Based on State of Michigan Retirement System's 13F filing for Q1 2020, filed 28 Apr 2020.