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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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HAR
551
DELISTED
Harman International Industries
HAR
$2.29M 0.02%
24,314
-1,300
-5% -$132K
FLR icon
552
Fluor
FLR
$7.96B
$2.29M 0.02%
48,473
-3,900
-7% -$184K
NDAQ icon
553
Nasdaq
NDAQ
$52.9B
$2.29M 0.02%
117,885
-10,200
-8% -$194K
CSL icon
554
Carlisle Companies
CSL
$15.4B
$2.28M 0.02%
25,720
-4,000
-13% -$354K
OHI icon
555
Omega Healthcare
OHI
$14.7B
$2.28M 0.02%
65,100
-8,600
-12% -$297K
JBHT icon
556
JB Hunt Transport Services
JBHT
$25.2B
$2.27M 0.02%
31,000
-2,200
-7% -$165K
AOS icon
557
A.O. Smith
AOS
$8.7B
$2.27M 0.02%
59,200
-9,600
-14% -$362K
FTI icon
558
TechnipFMC
FTI
$27.3B
$2.26M 0.02%
104,851
-6,585
-6% -$159K
POM
559
DELISTED
PEPCO HOLDINGS, INC.
POM
$2.26M 0.02%
86,722
-4,900
-5% -$128K
RL icon
560
Ralph Lauren
RL
$23.6B
$2.24M 0.02%
20,133
-1,400
-7% -$166K
GL icon
561
Globe Life
GL
$14.3B
$2.24M 0.02%
39,246
-3,000
-7% -$176K
XYL icon
562
Xylem
XYL
$28.1B
$2.24M 0.02%
61,344
-4,200
-6% -$152K
AVT icon
563
Avnet
AVT
$7.92B
$2.24M 0.02%
52,240
-9,000
-15% -$405K
TYL icon
564
Tyler Technologies
TYL
$12.8B
$2.23M 0.02%
12,800
-2,600
-17% -$449K
DISCK
565
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
$2.23M 0.02%
88,277
-4,900
-5% -$134K
RGA icon
566
Reinsurance Group of America
RGA
$16.1B
$2.22M 0.02%
26,000
-4,300
-14% -$389K
NE
567
DELISTED
Noble Corporation
NE
$2.22M 0.02%
210,840
-14,500
-6% -$183K
ULTI
568
DELISTED
Ultimate Software Group Inc
ULTI
$2.21M 0.02%
11,300
-1,700
-13% -$333K
AES icon
569
AES
AES
$10.5B
$2.2M 0.02%
230,125
-16,400
-7% -$164K
ALLE icon
570
Allegion
ALLE
$14.4B
$2.16M 0.02%
32,805
-1,800
-5% -$115K
TFX icon
571
Teleflex
TFX
$5.98B
$2.16M 0.02%
16,430
-2,500
-13% -$325K
NNN icon
572
NNN REIT
NNN
$8.99B
$2.15M 0.02%
53,800
-7,400
-12% -$282K
TE
573
DELISTED
TECO ENERGY INC
TE
$2.14M 0.02%
80,448
-4,500
-5% -$120K
AIV
574
Aimco
AIV
$383M
$2.14M 0.02%
401,524
-21,770
-5% -$112K
RHI icon
575
Robert Half
RHI
$4.37B
$2.14M 0.02%
45,360
-3,200
-7% -$161K
21 22
23
24 25

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 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.