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
-4.87%
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
-$1.79B
Cap. Flow
-$625M
Cap. Flow %
-3.62%
Top 10 Hldgs %
37.1%
Holding
987
New
12
Increased
626
Reduced
266
Closed
39

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$326M
2
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$112M
3
GILD icon
Gilead Sciences
GILD
+$38.4M
4
SPGI icon
S&P Global
SPGI
+$36.4M
5
TDG icon
TransDigm Group
TDG
+$33.8M

Top Sells

Rank Stock Value
1
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$325M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$181M
3
SPG icon
Simon Property Group
SPG
+$156M
4
VST icon
Vistra
VST
+$131M
5
BMY icon
Bristol-Myers Squibb
BMY
+$109M

Sector Composition

Rank Sector Weight
1 Technology 21.58%
2 Healthcare 11.99%
3 Communication Services 11.98%
4 Financials 9.11%
5 Consumer Discretionary 8.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
REG icon
526
Regency Centers
REG
$13.9B
$2.77M 0.02%
38,902
+90
+0.2% +$6.3K
ACM icon
527
Aecom
ACM
$8.54B
$2.76M 0.02%
35,876
-676
-2% -$49.6K
NWL icon
528
Newell Brands
NWL
$2.59B
$2.76M 0.02%
128,720
+285
+0.2% +$6.59K
SCI icon
529
Service Corp International
SCI
$11.4B
$2.75M 0.02%
41,862
+32
+0.1% +$2.02K
XRAY icon
530
Dentsply Sirona
XRAY
$2.38B
$2.71M 0.02%
55,160
+111
+0.2% +$5.87K
WSM icon
531
Williams-Sonoma
WSM
$29.9B
$2.69M 0.02%
37,040
-618
-2% -$46.8K
RPM icon
532
RPM International
RPM
$15B
$2.68M 0.02%
32,918
+21
+0.1% +$1.8K
HAS icon
533
Hasbro
HAS
$13.6B
$2.68M 0.02%
32,712
+40
+0.1% +$3.75K
CAR icon
534
Avis
CAR
$4.92B
$2.68M 0.02%
10,173
+49
+0.5% +$9.86K
DISH
535
DELISTED
DISH Network Corp.
DISH
$2.66M 0.02%
84,113
+293
+0.3% +$9.27K
RBLX icon
536
Roblox
RBLX
$26.6B
$2.65M 0.02%
+57,250
New +$3.45M
KNX icon
537
Knight Transportation
KNX
$11.2B
$2.64M 0.02%
52,231
+110
+0.2% +$6.06K
EQT icon
538
EQT Corp
EQT
$33.7B
$2.63M 0.02%
76,334
-327
-0.4% -$7.98K
GME icon
539
GameStop
GME
$8.46B
$2.62M 0.02%
62,800
– –
AIZ icon
540
Assurant
AIZ
$14.1B
$2.61M 0.02%
14,367
+44
+0.3% +$7.21K
HII icon
541
Huntington Ingalls Industries
HII
$13.1B
$2.57M 0.01%
12,878
+27
+0.2% +$5.27K
WBS icon
542
Webster Financial
WBS
$12.8B
$2.56M 0.01%
45,644
+22,734
+99% +$1.35M
LAMR icon
543
Lamar Advertising Co
LAMR
$15.7B
$2.56M 0.01%
22,038
+52
+0.2% +$5.8K
RRX icon
544
Regal Rexnord
RRX
$11.8B
$2.56M 0.01%
17,201
-2
-0% -$321
WSO icon
545
Watsco Inc
WSO
$13.6B
$2.55M 0.01%
8,383
+42
+0.5% +$12K
FBIN icon
546
Fortune Brands Innovations
FBIN
$6B
$2.54M 0.01%
40,063
+60
+0.1% +$4.62K
HUBB icon
547
Hubbell
HUBB
$27.3B
$2.54M 0.01%
13,799
+40
+0.3% +$7.51K
MHK icon
548
Mohawk Industries
MHK
$9.35B
$2.53M 0.01%
20,381
+41
+0.2% +$6.15K
ZION icon
549
Zions Bancorporation
ZION
$10.3B
$2.51M 0.01%
38,217
-1,199
-3% -$82K
SEE
550
DELISTED
Sealed Air
SEE
$2.5M 0.01%
37,303
+37
+0.1% +$2.46K
20 21
22
23 24

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 Q1 2022 Portfolio in Review

As of Q1 2022, State of Michigan Retirement System held 987 positions worth $17.3B, down 9.4% from $19.1B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

State of Michigan Retirement System withdrew a net $625M in Q1 2022, closing 39 positions and reducing 266 holdings. Its most notable exit was Athene Holding Ltd. Class A Common Shares, an estimated $325M position sold in full.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, State of Michigan Retirement System opened a new position in S&P Global worth $36.7M.

  • State of Michigan Retirement System's largest Q1 2022 buy was S&P Global: 89,353 shares worth $36.7M.
  • State of Michigan Retirement System added most to Meta Platforms (Facebook) in Q1 2022, an estimated $326M increase.
  • State of Michigan Retirement System's biggest Q1 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $181M.
  • State of Michigan Retirement System fully exited Athene Holding Ltd. Class A Common Shares in Q1 2022, selling an estimated $325M.
  • State of Michigan Retirement System's ten largest holdings make up 37% of its $17.3B portfolio in Q1 2022.
  • State of Michigan Retirement System opened 12 new positions and closed 39 in Q1 2022.
  • State of Michigan Retirement System's portfolio value fell 9.4% quarter-over-quarter to $17.3B.

Based on State of Michigan Retirement System's 13F filing for Q1 2022, filed 4 May 2022.