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
+3.91%
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
$12.7B
AUM Growth
-$93.8M
Cap. Flow
-$464M
Cap. Flow %
-3.66%
Top 10 Hldgs %
23.31%
Holding
990
New
23
Increased
560
Reduced
296
Closed
25

Top Buys

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$118M
2
VZ icon
Verizon
VZ
+$87.7M
3
CVS icon
CVS Health
CVS
+$75.8M
4
GILD icon
Gilead Sciences
GILD
+$30.6M
5
TWX
Time Warner Inc
TWX
+$25.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$248M
2
WFC icon
Wells Fargo
WFC
+$134M
3
TSLA icon
Tesla
TSLA
+$72.1M
4
MSFT icon
Microsoft
MSFT
+$53.6M
5
AAPL icon
Apple
AAPL
+$48.9M

Sector Composition

Rank Sector Weight
1 Financials 19.25%
2 Technology 15.25%
3 Healthcare 14.33%
4 Communication Services 10.83%
5 Industrials 8.84%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AFG icon
576
American Financial Group
AFG
$12.1B
$2.2M 0.02%
29,390
+900
+3% +$66.4K
WST icon
577
West Pharmaceutical
WST
$24.9B
$2.2M 0.02%
29,500
+200
+0.7% +$15.9K
FLS icon
578
Flowserve
FLS
$10.2B
$2.19M 0.02%
45,475
+200
+0.4% +$9.49K
J icon
579
Jacobs Solutions
J
$17B
$2.19M 0.02%
51,249
-26,235
-34% -$1.14M
FTNT icon
580
Fortinet
FTNT
$117B
$2.18M 0.02%
295,500
+2,500
+0.9% +$17.5K
UA icon
581
Under Armour Class C
UA
$2.53B
$2.18M 0.02%
64,443
-1
-0% -$36
WTRG icon
582
Essential Utilities
WTRG
$11.4B
$2.18M 0.02%
71,416
+300
+0.4% +$9.73K
ARRS
583
DELISTED
ARRIS International plc Ordinary Shares
ARRS
$2.17M 0.02%
76,700
+6,600
+9% +$176K
DHC
584
Diversified Healthcare Trust
DHC
$2.14B
$2.17M 0.02%
95,600
+300
+0.3% +$6.64K
KEYS icon
585
Keysight
KEYS
$58.3B
$2.17M 0.02%
68,400
+100
+0.1% +$2.97K
PHM icon
586
Pultegroup
PHM
$25.3B
$2.16M 0.02%
107,881
-1,500
-1% -$31.1K
JEF icon
587
Jefferies Financial Group
JEF
$13.1B
$2.16M 0.02%
126,497
-2,904
-2% -$48.1K
IM
588
DELISTED
Ingram Micro
IM
$2.15M 0.02%
60,200
+700
+1% +$24.3K
RVTY icon
589
Revvity
RVTY
$12.8B
$2.14M 0.02%
38,141
+300
+0.8% +$16.4K
SON icon
590
Sonoco
SON
$5.74B
$2.13M 0.02%
40,311
-100
-0.2% -$5.16K
EWBC icon
591
East-West Bancorp
EWBC
$18B
$2.13M 0.02%
58,000
+200
+0.3% +$7.04K
NDSN icon
592
Nordson
NDSN
$17.3B
$2.13M 0.02%
21,360
-200
-0.9% -$18.6K
LEG icon
593
Leggett & Platt
LEG
$1.31B
$2.13M 0.02%
46,625
– –
CBOE icon
594
Cboe Global Markets
CBOE
$29.9B
$2.12M 0.02%
32,700
– –
DEI icon
595
Douglas Emmett
DEI
$1.96B
$2.12M 0.02%
57,800
+1,500
+3% +$55.5K
BEAV
596
DELISTED
B/E Aerospace Inc
BEAV
$2.11M 0.02%
40,900
-100
-0.2% -$4.84K
SNI
597
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
$2.11M 0.02%
33,243
+200
+0.6% +$12.8K
JWN
598
DELISTED
Nordstrom
JWN
$2.11M 0.02%
40,600
-4,000
-9% -$188K
AVT icon
599
Avnet
AVT
$7.92B
$2.1M 0.02%
51,240
-300
-0.6% -$12.2K
RS icon
600
Reliance Steel & Aluminium
RS
$21.6B
$2.1M 0.02%
29,200
+200
+0.7% +$15K
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 Q3 2016 Portfolio in Review

As of Q3 2016, State of Michigan Retirement System held 990 positions worth $12.7B, down 0.73% from $12.8B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

State of Michigan Retirement System withdrew a net $464M in Q3 2016, closing 25 positions and reducing 296 holdings. Its most notable exit was Tesla, an estimated $72.1M 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 Technology and Healthcare.

Against the trend, State of Michigan Retirement System opened a new position in Charter Communications worth $20.4M.

  • State of Michigan Retirement System's largest Q3 2016 buy was Charter Communications: 75,600 shares worth $20.4M.
  • State of Michigan Retirement System added most to JPMorgan Chase in Q3 2016, an estimated $118M increase.
  • State of Michigan Retirement System's biggest Q3 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $248M.
  • State of Michigan Retirement System fully exited Tesla in Q3 2016, selling an estimated $72.1M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $12.7B portfolio in Q3 2016.
  • State of Michigan Retirement System opened 23 new positions and closed 25 in Q3 2016.
  • State of Michigan Retirement System's portfolio value fell 0.73% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q3 2016, filed 2 Nov 2016.