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
+15.14%
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
$19.3B
AUM Growth
+$1.98B
Cap. Flow
-$3.03M
Cap. Flow %
-0.02%
Top 10 Hldgs %
35.68%
Holding
951
New
7
Increased
468
Reduced
323
Closed
7

Top Buys

Rank Stock Value
1
BIIB icon
Biogen
BIIB
+$31.3M
2
HIMS icon
Hims & Hers Health
HIMS
+$28.6M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$26.1M
4
VZ icon
Verizon
VZ
+$20.6M
5
COF icon
Capital One
COF
+$13.5M

Top Sells

Rank Stock Value
1
RITM icon
Rithm Capital
RITM
+$66.9M
2
NEE icon
NextEra Energy
NEE
+$59.1M
3
XYZ
Block Inc
XYZ
+$36.9M
4
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$19.4M
5
DFS
Discover Financial Services
DFS
+$11.6M

Sector Composition

Rank Sector Weight
1 Technology 31.42%
2 Financials 12%
3 Consumer Discretionary 9.92%
4 Communication Services 9.88%
5 Healthcare 8.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SF
576
Stifel
SF
$12.7B
$2.56M 0.01%
37,031
+300
+0.8% +$18.4K
HII icon
577
Huntington Ingalls Industries
HII
$13.2B
$2.56M 0.01%
10,606
– –
MRNA icon
578
Moderna
MRNA
$23.8B
$2.55M 0.01%
92,541
+700
+0.8% +$18.4K
OHI icon
579
Omega Healthcare
OHI
$14.3B
$2.55M 0.01%
69,563
+2,100
+3% +$78K
CACI icon
580
CACI
CACI
$14.3B
$2.54M 0.01%
5,321
– –
ACI icon
581
Albertsons Companies
ACI
$5.87B
$2.54M 0.01%
117,900
+100
+0.1% +$2.17K
FN icon
582
Fabrinet
FN
$19.2B
$2.53M 0.01%
8,600
– –
BMRN icon
583
BioMarin Pharmaceuticals
BMRN
$13.1B
$2.53M 0.01%
46,100
+500
+1% +$29.4K
MTZ icon
584
MasTec
MTZ
$21.9B
$2.51M 0.01%
14,739
– –
ERIE icon
585
Erie Indemnity
ERIE
$13.1B
$2.51M 0.01%
7,232
-100
-1% -$37.1K
ATR icon
586
AptarGroup
ATR
$8.52B
$2.49M 0.01%
15,910
– –
IPG
587
DELISTED
Interpublic Group of Companies
IPG
$2.46M 0.01%
100,528
-4,364
-4% -$106K
SLP icon
588
Simulations Plus
SLP
$371M
$2.43M 0.01%
139,500
– –
SNX icon
589
TD Synnex
SNX
$20.6B
$2.43M 0.01%
17,921
-100
-0.6% -$11.7K
NCLH icon
590
Norwegian Cruise Line
NCLH
$8.55B
$2.42M 0.01%
119,279
– –
HSIC icon
591
Henry Schein
HSIC
$9.81B
$2.42M 0.01%
33,088
-700
-2% -$48.2K
HRL icon
592
Hormel Foods
HRL
$13.6B
$2.4M 0.01%
79,275
+300
+0.4% +$9.05K
PEN icon
593
Penumbra
PEN
$12.8B
$2.39M 0.01%
9,314
+100
+1% +$27.2K
DAY
594
DELISTED
Dayforce
DAY
$2.39M 0.01%
43,110
– –
GME icon
595
GameStop
GME
$8.54B
$2.39M 0.01%
97,900
+600
+0.6% +$16.1K
OVV icon
596
Ovintiv
OVV
$17.5B
$2.38M 0.01%
62,500
-17,000
-21% -$624K
KD icon
597
Kyndryl
KD
$2.99B
$2.35M 0.01%
55,934
+200
+0.4% +$7.23K
RRC icon
598
Range Resources
RRC
$9.42B
$2.34M 0.01%
57,486
-300
-0.5% -$11.3K
EMN icon
599
Eastman Chemical
EMN
$8.38B
$2.33M 0.01%
31,244
-2,624
-8% -$206K
CUBE icon
600
CubeSmart
CUBE
$9.18B
$2.33M 0.01%
54,800
+700
+1% +$29K
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
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
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return

State of Michigan Retirement System's Q2 2025 Portfolio in Review

As of Q2 2025, State of Michigan Retirement System held 951 positions worth $19.3B, up 11% from $17.3B the previous quarter. Its ten largest holdings account for 36% of the portfolio.

Trading was light in Q2 2025: portfolio turnover was 1.5%. State of Michigan Retirement System opened 7 new positions and exited 7, leaving the 951-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 28% a quarter earlier, followed by Financials and Consumer Discretionary.

  • State of Michigan Retirement System's largest Q2 2025 buy was Coinbase: 57,500 shares worth $20.2M.
  • State of Michigan Retirement System added most to Biogen in Q2 2025, an estimated $31.3M increase.
  • State of Michigan Retirement System's biggest Q2 2025 reduction was Rithm Capital, cutting an estimated $66.9M.
  • State of Michigan Retirement System fully exited Discover Financial Services in Q2 2025, selling an estimated $11.6M.
  • State of Michigan Retirement System's ten largest holdings make up 36% of its $19.3B portfolio in Q2 2025.
  • State of Michigan Retirement System opened 7 new positions and closed 7 in Q2 2025.
  • State of Michigan Retirement System's portfolio value rose 11% quarter-over-quarter to $19.3B.

Based on State of Michigan Retirement System's 13F filing for Q2 2025, filed 5 Aug 2025.