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
+3.47%
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
$11.1B
AUM Growth
-$1.4B
Cap. Flow
-$1.71B
Cap. Flow %
-15.5%
Top 10 Hldgs %
22.79%
Holding
963
New
13
Increased
18
Reduced
889
Closed
15

Top Buys

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$47.6M
2
AGNC icon
AGNC Investment
AGNC
+$38.2M
3
COHR icon
Coherent
COHR
+$29.2M
4
EPAM icon
EPAM Systems
EPAM
+$23.4M
5
APD icon
Air Products & Chemicals
APD
+$13.3M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$144M
2
AAPL icon
Apple
AAPL
+$134M
3
EG icon
Everest Group
EG
+$119M
4
ALLY icon
Ally Financial
ALLY
+$98.6M
5
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$49.5M

Sector Composition

Rank Sector Weight
1 Technology 17.21%
2 Real Estate 13.86%
3 Financials 13.68%
4 Healthcare 12.57%
5 Industrials 9.78%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FAF icon
576
First American
FAF
$7.58B
$1.78M 0.02%
33,200
-6,500
-16% -$354K
CDK
577
DELISTED
CDK Global, Inc.
CDK
$1.78M 0.02%
36,000
-132,500
-79% -$7.1M
ACM icon
578
Aecom
ACM
$9.75B
$1.76M 0.02%
46,600
-9,000
-16% -$299K
CABO icon
579
Cable One
CABO
$212M
$1.76M 0.02%
1,500
-300
-17% -$328K
FLIR
580
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
$1.75M 0.02%
32,385
-6,700
-17% -$340K
CFR icon
581
Cullen/Frost Bankers
CFR
$10.2B
$1.75M 0.02%
18,700
-3,800
-17% -$371K
CIEN icon
582
Ciena
CIEN
$58.4B
$1.74M 0.02%
42,400
-8,900
-17% -$342K
DINO icon
583
HF Sinclair
DINO
$14.5B
$1.74M 0.02%
37,600
-7,700
-17% -$344K
CBSH icon
584
Commerce Bancshares
CBSH
$8.5B
$1.74M 0.02%
40,958
-8,583
-17% -$362K
PRAH
585
DELISTED
PRA Health Sciences, Inc.
PRAH
$1.74M 0.02%
17,500
-3,500
-17% -$334K
OSK icon
586
Oshkosh
OSK
$9.59B
$1.73M 0.02%
20,700
-4,300
-17% -$339K
MAN icon
587
ManpowerGroup
MAN
$2.63B
$1.71M 0.02%
17,730
-3,800
-18% -$346K
UNM icon
588
Unum
UNM
$14.3B
$1.7M 0.02%
50,769
-11,100
-18% -$384K
DVA icon
589
DaVita
DVA
$11.7B
$1.7M 0.02%
30,258
-6,200
-17% -$321K
ITT icon
590
ITT
ITT
$19.1B
$1.7M 0.02%
26,000
-5,200
-17% -$318K
CHE icon
591
Chemed
CHE
$7.22B
$1.7M 0.02%
4,700
-1,000
-18% -$334K
PVH icon
592
PVH
PVH
$4.04B
$1.69M 0.02%
17,896
-3,900
-18% -$431K
CASY icon
593
Casey's General Stores
CASY
$30.9B
$1.69M 0.02%
10,800
-2,200
-17% -$300K
GWR
594
DELISTED
Genesee & Wyoming Inc.
GWR
$1.67M 0.02%
16,700
-3,400
-17% -$310K
VSM
595
DELISTED
Versum Materials, Inc.
VSM
$1.67M 0.02%
32,301
-6,600
-17% -$341K
MDSO
596
DELISTED
Medidata Solutions, Inc.
MDSO
$1.67M 0.02%
18,400
-3,800
-17% -$333K
EPR icon
597
EPR Properties
EPR
$4.77B
$1.66M 0.02%
22,300
-4,400
-16% -$343K
XRX icon
598
Xerox
XRX
$425M
$1.66M 0.02%
46,818
-10,800
-19% -$361K
FLS icon
599
Flowserve
FLS
$10.2B
$1.65M 0.01%
31,375
-6,400
-17% -$314K
JBLU icon
600
JetBlue
JBLU
$2.29B
$1.65M 0.01%
89,123
-20,100
-18% -$359K
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 2019 Portfolio in Review

As of Q2 2019, State of Michigan Retirement System held 963 positions worth $11.1B, down 11% from $12.5B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

State of Michigan Retirement System withdrew a net $1.71B in Q2 2019, closing 15 positions and reducing 889 holdings. Its most notable exit was Ally Financial, an estimated $98.6M position sold in full.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Real Estate and Financials.

Against the trend, State of Michigan Retirement System opened a new position in Dow Inc worth $8.84M.

  • State of Michigan Retirement System's largest Q2 2019 buy was Dow Inc: 179,278 shares worth $8.84M.
  • State of Michigan Retirement System added most to Annaly Capital Management in Q2 2019, an estimated $47.6M increase.
  • State of Michigan Retirement System's biggest Q2 2019 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $144M.
  • State of Michigan Retirement System fully exited Ally Financial in Q2 2019, selling an estimated $98.6M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $11.1B portfolio in Q2 2019.
  • State of Michigan Retirement System opened 13 new positions and closed 15 in Q2 2019.
  • State of Michigan Retirement System's portfolio value fell 11% quarter-over-quarter to $11.1B.

Based on State of Michigan Retirement System's 13F filing for Q2 2019, filed 26 Jul 2019.