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
-2.89%
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
$15.5B
AUM Growth
-$744M
Cap. Flow
-$126M
Cap. Flow %
-0.82%
Top 10 Hldgs %
33.75%
Holding
989
New
20
Increased
99
Reduced
774
Closed
25

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$60.1M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$39.9M
3
META icon
Meta Platforms (Facebook)
META
+$28.3M
4
XLE icon
State Street Energy Select Sector SPDR ETF
XLE
+$28M
5
GLOB icon
Globant
GLOB
+$25.9M

Top Sells

Rank Stock Value
1
APO icon
Apollo Global Management
APO
+$49.8M
2
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$48.1M
3
FTNT icon
Fortinet
FTNT
+$38.4M
4
HSY icon
Hershey
HSY
+$32.4M
5
AAPL icon
Apple
AAPL
+$22.6M

Sector Composition

Rank Sector Weight
1 Technology 23.73%
2 Financials 11.52%
3 Healthcare 10.89%
4 Communication Services 9.71%
5 Consumer Discretionary 8.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WRK
501
DELISTED
WestRock Company
WRK
$2.86M 0.02%
79,864
-1,800
-2% -$59K
ELS icon
502
Equity Lifestyle Properties
ELS
$12.5B
$2.84M 0.02%
+44,500
New +$3.01M
LSCC icon
503
Lattice Semiconductor
LSCC
$18.2B
$2.83M 0.02%
32,962
-900
-3% -$81.2K
MGM icon
504
MGM Resorts International
MGM
$10.9B
$2.83M 0.02%
76,944
-6,100
-7% -$270K
NI icon
505
NiSource
NI
$20B
$2.8M 0.02%
113,269
-300
-0.3% -$8.11K
AES icon
506
AES
AES
$10.5B
$2.79M 0.02%
183,595
-500
-0.3% -$9.52K
FOXA icon
507
Fox Class A
FOXA
$26.6B
$2.79M 0.02%
89,312
-8,000
-8% -$263K
EXE
508
Expand Energy Corp
EXE
$22.6B
$2.78M 0.02%
32,200
+25,900
+411% +$2.2M
CPT icon
509
Camden Property Trust
CPT
$11B
$2.77M 0.02%
29,300
-100
-0.3% -$10.6K
ACM icon
510
Aecom
ACM
$9.42B
$2.75M 0.02%
33,176
-1,100
-3% -$94.8K
DOC icon
511
Healthpeak Properties
DOC
$14.4B
$2.75M 0.02%
149,993
-400
-0.3% -$8.21K
CRL icon
512
Charles River Laboratories
CRL
$13.2B
$2.75M 0.02%
14,030
– –
VST icon
513
Vistra
VST
$48B
$2.74M 0.02%
+82,600
New +$2.48M
CZR icon
514
Caesars Entertainment
CZR
$6.13B
$2.73M 0.02%
58,997
-200
-0.3% -$10.6K
HSIC icon
515
Henry Schein
HSIC
$9.82B
$2.73M 0.02%
36,760
-500
-1% -$38.5K
SANA icon
516
Sana Biotechnology
SANA
$1B
$2.66M 0.02%
+687,989
New +$3.7M
DT icon
517
Dynatrace
DT
$14.6B
$2.65M 0.02%
56,800
+3,400
+6% +$167K
DINO icon
518
HF Sinclair
DINO
$15.2B
$2.65M 0.02%
46,500
+600
+1% +$32.6K
EMN icon
519
Eastman Chemical
EMN
$8.39B
$2.64M 0.02%
34,468
-500
-1% -$41.5K
NBIX icon
520
Neurocrine Biosciences
NBIX
$16.8B
$2.63M 0.02%
23,381
-700
-3% -$73.7K
GDDY icon
521
GoDaddy
GDDY
$11.6B
$2.61M 0.02%
+35,100
New +$2.59M
GL icon
522
Globe Life
GL
$14.2B
$2.59M 0.02%
23,836
-600
-2% -$67K
FMC icon
523
FMC
FMC
$1.31B
$2.56M 0.02%
38,158
-1,200
-3% -$104K
CCK icon
524
Crown Holdings
CCK
$13.1B
$2.55M 0.02%
28,800
-800
-3% -$71.7K
SAIA icon
525
Saia
SAIA
$9.49B
$2.55M 0.02%
6,386
-200
-3% -$80.7K
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
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 Q3 2023 Portfolio in Review

As of Q3 2023, State of Michigan Retirement System held 989 positions worth $15.5B, down 4.6% from $16.2B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Trading was light in Q3 2023: portfolio turnover was 4.6%. State of Michigan Retirement System opened 20 new positions and exited 25, leaving the 989-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 25% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q3 2023 buy was Globant: 138,200 shares worth $27.3M.
  • State of Michigan Retirement System added most to AT&T in Q3 2023, an estimated $60.1M increase.
  • State of Michigan Retirement System's biggest Q3 2023 reduction was Apollo Global Management, cutting an estimated $49.8M.
  • State of Michigan Retirement System fully exited Life Storage, Inc. in Q3 2023, selling an estimated $2.78M.
  • State of Michigan Retirement System's ten largest holdings make up 34% of its $15.5B portfolio in Q3 2023.
  • State of Michigan Retirement System opened 20 new positions and closed 25 in Q3 2023.
  • State of Michigan Retirement System's portfolio value fell 4.6% quarter-over-quarter to $15.5B.

Based on State of Michigan Retirement System's 13F filing for Q3 2023, filed 27 Oct 2023.