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
+1.84%
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
$12.8B
AUM Growth
+$174M
Cap. Flow
+$40.2M
Cap. Flow %
0.31%
Top 10 Hldgs %
24.47%
Holding
987
New
29
Increased
635
Reduced
224
Closed
20

Top Buys

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$171M
2
XYZ
Block Inc
XYZ
+$128M
3
HON icon
Honeywell
HON
+$62.4M
4
VZ icon
Verizon
VZ
+$56.8M
5
TSLA icon
Tesla
TSLA
+$53.4M

Top Sells

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$181M
2
GS icon
Goldman Sachs
GS
+$81.2M
3
APTV icon
Aptiv
APTV
+$72.4M
4
VIAB
Viacom Inc. Class B
VIAB
+$64.6M
5
GILD icon
Gilead Sciences
GILD
+$62M

Sector Composition

Rank Sector Weight
1 Financials 19.1%
2 Technology 14.28%
3 Healthcare 13.74%
4 Communication Services 9.56%
5 Industrials 9.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CBOE icon
576
Cboe Global Markets
CBOE
$29.9B
$2.18M 0.02%
32,700
+100
+0.3% +$6.41K
CRI icon
577
Carter's
CRI
$1.47B
$2.17M 0.02%
20,400
-300
-1% -$30.9K
TYL icon
578
Tyler Technologies
TYL
$12.8B
$2.17M 0.02%
13,000
-100
-0.8% -$14.8K
FHI icon
579
Federated Hermes
FHI
$4.72B
$2.16M 0.02%
75,200
+37,500
+99% +$1.15M
FMC icon
580
FMC
FMC
$1.33B
$2.15M 0.02%
53,594
+577
+1% +$22.6K
JBLU icon
581
JetBlue
JBLU
$2.29B
$2.14M 0.02%
129,323
+1,200
+0.9% +$22.3K
POST icon
582
Post Holdings
POST
$3.57B
$2.13M 0.02%
39,422
+305
+0.8% +$14.8K
PHM icon
583
Pultegroup
PHM
$25.3B
$2.13M 0.02%
109,381
– –
AFG icon
584
American Financial Group
AFG
$12.1B
$2.11M 0.02%
28,490
+200
+0.7% +$14.2K
SCI icon
585
Service Corp International
SCI
$11.6B
$2.1M 0.02%
77,700
-100
-0.1% -$2.64K
FTI icon
586
TechnipFMC
FTI
$27.3B
$2.1M 0.02%
105,657
+672
+0.6% +$13.9K
AVT icon
587
Avnet
AVT
$7.92B
$2.09M 0.02%
51,540
-800
-2% -$33.4K
IM
588
DELISTED
Ingram Micro
IM
$2.07M 0.02%
59,500
+300
+0.5% +$10.5K
SWN
589
DELISTED
Southwestern Energy Company
SWN
$2.07M 0.02%
164,391
+32,900
+25% +$399K
CASY icon
590
Casey's General Stores
CASY
$30.9B
$2.06M 0.02%
15,700
+100
+0.6% +$11.6K
HAIN icon
591
Hain Celestial
HAIN
$53.7M
$2.06M 0.02%
41,500
+400
+1% +$18.5K
HIW icon
592
Highwoods Properties
HIW
$3.47B
$2.06M 0.02%
39,100
+700
+2% +$33.7K
URI icon
593
United Rentals
URI
$72.4B
$2.06M 0.02%
30,700
-600
-2% -$39.2K
SNI
594
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
$2.06M 0.02%
33,043
+400
+1% +$25.6K
EPR icon
595
EPR Properties
EPR
$4.77B
$2.06M 0.02%
25,500
+200
+0.8% +$14.1K
NVO
596
Novo Nordisk
NVO
$209B
$2.05M 0.02%
76,400
-76,600
-50% -$2.1M
FLS icon
597
Flowserve
FLS
$10.2B
$2.04M 0.02%
45,275
+500
+1% +$23.4K
RNR icon
598
RenaissanceRe
RNR
$13.4B
$2.03M 0.02%
17,300
+100
+0.6% +$11.5K
EPC icon
599
Edgewell Personal Care
EPC
$1.31B
$2.01M 0.02%
23,844
+200
+0.8% +$16.2K
FTR
600
DELISTED
Frontier Communications Corp.
FTR
$2.01M 0.02%
27,165
+354
+1% +$27.7K
22 23
24
25 26

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 Q2 2016 Portfolio in Review

As of Q2 2016, State of Michigan Retirement System held 987 positions worth $12.8B, up 1.4% from $12.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q2 2016: portfolio turnover was 5%. State of Michigan Retirement System opened 29 new positions and exited 20, leaving the 987-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q2 2016 buy was Block Inc: 11,349,190 shares worth $103M.
  • State of Michigan Retirement System added most to Berkshire Hathaway Class B in Q2 2016, an estimated $171M increase.
  • State of Michigan Retirement System's biggest Q2 2016 reduction was Wells Fargo, cutting an estimated $181M.
  • State of Michigan Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $20M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $12.8B portfolio in Q2 2016.
  • State of Michigan Retirement System opened 29 new positions and closed 20 in Q2 2016.
  • State of Michigan Retirement System's portfolio value rose 1.4% quarter-over-quarter to $12.8B.

Based on State of Michigan Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.