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
+3.97%
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
$19.2B
AUM Growth
-$930M
Cap. Flow
-$1.27B
Cap. Flow %
-6.6%
Top 10 Hldgs %
36.92%
Holding
967
New
17
Increased
176
Reduced
601
Closed
16

Top Buys

Rank Stock Value
1
CI icon
Cigna
CI
+$47.8M
2
HUBS icon
HubSpot
HUBS
+$32M
3
XYZ
Block Inc
XYZ
+$24.7M
4
AMZN icon
Amazon
AMZN
+$20.7M
5
CVS icon
CVS Health
CVS
+$19.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$594M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$419M
3
T icon
AT&T
T
+$261M
4
MSFT icon
Microsoft
MSFT
+$42.8M
5
NVDA icon
NVIDIA
NVDA
+$35.2M

Sector Composition

Rank Sector Weight
1 Technology 29.57%
2 Financials 10.76%
3 Consumer Discretionary 10.46%
4 Healthcare 9.52%
5 Communication Services 9.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ALLE icon
526
Allegion
ALLE
$14.1B
$3.09M 0.02%
23,628
-100
-0.4% -$14.1K
NDSN icon
527
Nordson
NDSN
$17.2B
$3.09M 0.02%
14,751
-100
-0.7% -$24.7K
NCLH icon
528
Norwegian Cruise Line
NCLH
$8.52B
$3.07M 0.02%
119,379
-400
-0.3% -$10.1K
RNR icon
529
RenaissanceRe
RNR
$13.2B
$3.05M 0.02%
12,265
-100
-0.8% -$26.9K
ERIE icon
530
Erie Indemnity
ERIE
$13.2B
$3.02M 0.02%
7,332
– –
GME icon
531
GameStop
GME
$8.43B
$3.01M 0.02%
96,200
+4,100
+4% +$105K
TOL icon
532
Toll Brothers
TOL
$14B
$3.01M 0.02%
23,926
-400
-2% -$59.4K
JEF icon
533
Jefferies Financial Group
JEF
$12.8B
$3.01M 0.02%
38,416
-100
-0.3% -$7.19K
SFM icon
534
Sprouts Farmers Market
SFM
$7.96B
$3.01M 0.02%
23,696
-100
-0.4% -$13.3K
ELS icon
535
Equity Lifestyle Properties
ELS
$12.5B
$3.01M 0.02%
45,200
+900
+2% +$62.4K
INCY icon
536
Incyte
INCY
$24.6B
$2.99M 0.02%
43,359
-200
-0.5% -$14.3K
RBRK icon
537
Rubrik
RBRK
$20.2B
$2.98M 0.02%
+45,578
New +$2.25M
AIZ icon
538
Assurant
AIZ
$14.2B
$2.98M 0.02%
13,967
-100
-0.7% -$20.8K
BMRN icon
539
BioMarin Pharmaceuticals
BMRN
$13.3B
$2.96M 0.02%
45,100
-100
-0.2% -$6.7K
IPG
540
DELISTED
Interpublic Group of Companies
IPG
$2.94M 0.02%
104,992
-1,800
-2% -$53.7K
BXP icon
541
Boston Properties
BXP
$10.8B
$2.93M 0.02%
39,457
-100
-0.3% -$8.11K
SOLV icon
542
Solventum
SOLV
$14.5B
$2.92M 0.02%
44,176
+100
+0.2% +$7K
DUOL icon
543
Duolingo
DUOL
$6.42B
$2.92M 0.02%
9,000
+100
+1% +$31.8K
UNM icon
544
Unum
UNM
$14.5B
$2.91M 0.02%
39,800
-800
-2% -$55.2K
PAYC icon
545
Paycom
PAYC
$9.62B
$2.91M 0.02%
14,173
– –
CIEN icon
546
Ciena
CIEN
$54.9B
$2.9M 0.02%
34,196
+100
+0.3% +$7.18K
SAIA icon
547
Saia
SAIA
$9.49B
$2.86M 0.01%
6,286
– –
PSNL icon
548
Personalis
PSNL
$1.55B
$2.85M 0.01%
493,798
– –
TXRH icon
549
Texas Roadhouse
TXRH
$13.6B
$2.85M 0.01%
15,778
-100
-0.6% -$18.8K
THC icon
550
Tenet Healthcare
THC
$20.9B
$2.84M 0.01%
22,493
-300
-1% -$44.6K
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 Q4 2024 Portfolio in Review

As of Q4 2024, State of Michigan Retirement System held 967 positions worth $19.2B, down 4.6% from $20.2B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

State of Michigan Retirement System withdrew a net $1.27B in Q4 2024, closing 16 positions and reducing 601 holdings. Its most notable exit was iShares Core US Aggregate Bond ETF, an estimated $419M position sold in full.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, State of Michigan Retirement System opened a new position in Apollo Global Management worth $20M.

  • State of Michigan Retirement System's largest Q4 2024 buy was Apollo Global Management: 121,300 shares worth $20M.
  • State of Michigan Retirement System added most to Cigna in Q4 2024, an estimated $47.8M increase.
  • State of Michigan Retirement System's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $594M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q4 2024, selling an estimated $419M.
  • State of Michigan Retirement System's ten largest holdings make up 37% of its $19.2B portfolio in Q4 2024.
  • State of Michigan Retirement System opened 17 new positions and closed 16 in Q4 2024.
  • State of Michigan Retirement System's portfolio value fell 4.6% quarter-over-quarter to $19.2B.

Based on State of Michigan Retirement System's 13F filing for Q4 2024, filed 6 Feb 2025.