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
+0.33%
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
$12.4B
AUM Growth
-$256M
Cap. Flow
-$114M
Cap. Flow %
-0.92%
Top 10 Hldgs %
22.57%
Holding
956
New
17
Increased
679
Reduced
171
Closed
16

Top Buys

Rank Stock Value
1
GILD icon
Gilead Sciences
GILD
+$119M
2
AGNC icon
AGNC Investment
AGNC
+$85.4M
3
EXC icon
Exelon
EXC
+$81.7M
4
XYZ
Block Inc
XYZ
+$52.6M
5
MTGE
MTGE Investment Corp. Common Stock
MTGE
+$38.9M

Top Sells

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$266M
2
VZ icon
Verizon
VZ
+$189M
3
VR
Validus Hold Ltd
VR
+$141M
4
PG icon
Procter & Gamble
PG
+$91.3M
5
CELG
Celgene Corp
CELG
+$32.3M

Sector Composition

Rank Sector Weight
1 Financials 18.14%
2 Technology 16.4%
3 Healthcare 14.86%
4 Communication Services 8.71%
5 Consumer Discretionary 8.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CSL icon
551
Carlisle Companies
CSL
$15.4B
$2.35M 0.02%
22,520
+200
+0.9% +$21.9K
CMG icon
552
Chipotle Mexican Grill
CMG
$41.5B
$2.34M 0.02%
362,000
– –
FLG
553
Flagstar Bank National Association
FLG
$5.82B
$2.33M 0.02%
59,557
+967
+2% +$40K
RPM icon
554
RPM International
RPM
$15B
$2.32M 0.02%
48,718
+700
+1% +$35.6K
TSCO icon
555
Tractor Supply
TSCO
$18B
$2.32M 0.02%
184,260
– –
GNTX icon
556
Gentex
GNTX
$5.07B
$2.3M 0.02%
100,000
-2,000
-2% -$45.5K
MKSI icon
557
MKS Inc
MKSI
$20.6B
$2.3M 0.02%
19,900
+400
+2% +$43.9K
PHM icon
558
Pultegroup
PHM
$25.3B
$2.29M 0.02%
77,609
-1,700
-2% -$52.7K
WEX icon
559
WEX
WEX
$6.31B
$2.29M 0.02%
14,600
+300
+2% +$45.1K
RS icon
560
Reliance Steel & Aluminium
RS
$21.6B
$2.27M 0.02%
26,500
+300
+1% +$26.8K
PACW
561
DELISTED
PacWest Bancorp
PACW
$2.27M 0.02%
45,800
-500
-1% -$26.1K
X
562
DELISTED
US Steel
X
$2.26M 0.02%
64,100
+1,300
+2% +$51.2K
TOL icon
563
Toll Brothers
TOL
$14.5B
$2.25M 0.02%
52,100
-800
-2% -$37.6K
EPD icon
564
Enterprise Products Partners
EPD
$81.7B
$2.25M 0.02%
92,000
– –
ALK icon
565
Alaska Air
ALK
$5.58B
$2.24M 0.02%
36,196
+100
+0.3% +$6.64K
FHN icon
566
First Horizon
FHN
$12.1B
$2.24M 0.02%
119,083
+2,400
+2% +$47.3K
CFR icon
567
Cullen/Frost Bankers
CFR
$10.2B
$2.24M 0.02%
21,100
+400
+2% +$41.8K
NGG icon
568
National Grid
NGG
$81.3B
$2.23M 0.02%
44,764
– –
EGN
569
DELISTED
Energen
EGN
$2.23M 0.02%
35,400
+500
+1% +$28.1K
WP
570
DELISTED
Worldpay, Inc.
WP
$2.22M 0.02%
+26,950
New +$2.14M
AES icon
571
AES
AES
$10.5B
$2.21M 0.02%
194,405
+800
+0.4% +$8.7K
WTRG icon
572
Essential Utilities
WTRG
$11.4B
$2.21M 0.02%
64,816
+900
+1% +$31.3K
LOGM
573
DELISTED
LogMein, Inc.
LOGM
$2.21M 0.02%
19,102
+200
+1% +$24.3K
NNN icon
574
NNN REIT
NNN
$8.99B
$2.2M 0.02%
56,100
+1,400
+3% +$54.6K
FIT
575
DELISTED
Fitbit, Inc. Class A common stock
FIT
$2.19M 0.02%
430,300
– –
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 Q1 2018 Portfolio in Review

As of Q1 2018, State of Michigan Retirement System held 956 positions worth $12.4B, down 2% from $12.7B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Trading was light in Q1 2018: portfolio turnover was 3.5%. State of Michigan Retirement System opened 17 new positions and exited 16, leaving the 956-position portfolio largely intact.

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

  • State of Michigan Retirement System's largest Q1 2018 buy was MTGE Investment Corp. Common Stock: 2,200,000 shares worth $39.4M.
  • State of Michigan Retirement System added most to Gilead Sciences in Q1 2018, an estimated $119M increase.
  • State of Michigan Retirement System's biggest Q1 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $266M.
  • State of Michigan Retirement System fully exited Validus Hold Ltd in Q1 2018, selling an estimated $141M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $12.4B portfolio in Q1 2018.
  • State of Michigan Retirement System opened 17 new positions and closed 16 in Q1 2018.
  • State of Michigan Retirement System's portfolio value fell 2% quarter-over-quarter to $12.4B.

Based on State of Michigan Retirement System's 13F filing for Q1 2018, filed 8 May 2018.