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
+9.08%
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
$17B
AUM Growth
+$1.22B
Cap. Flow
-$74.4M
Cap. Flow %
-0.44%
Top 10 Hldgs %
25.67%
Holding
996
New
21
Increased
308
Reduced
572
Closed
27

Top Buys

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$92.9M
2
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
+$74.9M
3
MSFT icon
Microsoft
MSFT
+$64.6M
4
MS icon
Morgan Stanley
MS
+$55.1M
5
PG icon
Procter & Gamble
PG
+$54.1M

Top Sells

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$80.1M
2
CMCSA icon
Comcast
CMCSA
+$63.1M
3
ORCL icon
Oracle
ORCL
+$61.8M
4
SYF icon
Synchrony
SYF
+$52.9M
5
TMO icon
Thermo Fisher Scientific
TMO
+$51.8M

Sector Composition

Rank Sector Weight
1 Technology 22.71%
2 Healthcare 13.17%
3 Financials 12.09%
4 Communication Services 9.67%
5 Consumer Discretionary 9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SEE
601
DELISTED
Sealed Air
SEE
$2.26M 0.01%
38,166
-700
-2% -$37.7K
OHI icon
602
Omega Healthcare
OHI
$14.7B
$2.24M 0.01%
61,661
-24,200
-28% -$898K
BLDR icon
603
Builders FirstSource
BLDR
$8.04B
$2.23M 0.01%
52,200
-24,300
-32% -$1.13M
NLSN
604
DELISTED
Nielsen Holdings plc
NLSN
$2.22M 0.01%
90,156
+400
+0.4% +$10.4K
CIEN icon
605
Ciena
CIEN
$58.4B
$2.22M 0.01%
39,063
-18,400
-32% -$1.01M
CONE
606
DELISTED
CyrusOne Inc Common Stock
CONE
$2.21M 0.01%
30,864
-13,800
-31% -$1M
DVA icon
607
DaVita
DVA
$11.7B
$2.21M 0.01%
18,310
-900
-5% -$107K
WEX icon
608
WEX
WEX
$6.31B
$2.19M 0.01%
11,293
-5,100
-31% -$1.05M
CPRI icon
609
Capri Holdings
CPRI
$1.74B
$2.18M 0.01%
38,100
-17,800
-32% -$968K
ZION icon
610
Zions Bancorporation
ZION
$10.3B
$2.18M 0.01%
41,216
– –
ARWR icon
611
Arrowhead Research
ARWR
$12.4B
$2.17M 0.01%
26,228
-12,200
-32% -$908K
KSS icon
612
Kohl's
KSS
$2.19B
$2.17M 0.01%
39,400
-19,000
-33% -$1.09M
AFG icon
613
American Financial Group
AFG
$12.1B
$2.16M 0.01%
17,329
-8,600
-33% -$1.07M
OSK icon
614
Oshkosh
OSK
$9.59B
$2.15M 0.01%
17,276
-8,100
-32% -$1.02M
STOR
615
DELISTED
STORE Capital Corporation
STOR
$2.12M 0.01%
61,387
-27,500
-31% -$957K
SEIC icon
616
SEI Investments
SEIC
$12.6B
$2.09M 0.01%
33,701
-14,200
-30% -$885K
LSI
617
DELISTED
Life Storage, Inc.
LSI
$2.08M 0.01%
19,415
-8,500
-30% -$836K
FRT icon
618
Federal Realty Investment Trust
FRT
$10.3B
$2.08M 0.01%
17,778
+500
+3% +$56.8K
NNN icon
619
NNN REIT
NNN
$8.99B
$2.08M 0.01%
44,283
-20,600
-32% -$964K
APA icon
620
APA Corp
APA
$13.2B
$2.06M 0.01%
94,996
+200
+0.2% +$4.11K
RGA icon
621
Reinsurance Group of America
RGA
$16.1B
$2.04M 0.01%
17,897
-8,000
-31% -$1.01M
ROL icon
622
Rollins
ROL
$18.2B
$2.04M 0.01%
59,499
+800
+1% +$27.9K
AGCO icon
623
AGCO
AGCO
$7.2B
$2.03M 0.01%
15,597
-7,200
-32% -$1.01M
UTHR icon
624
United Therapeutics
UTHR
$23.1B
$2.03M 0.01%
11,293
-5,200
-32% -$990K
MELI icon
625
Mercado Libre
MELI
$92.3B
$2.02M 0.01%
+1,300
New +$1.91M
23 24
25
26 27

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 2021 Portfolio in Review

As of Q2 2021, State of Michigan Retirement System held 996 positions worth $17B, up 7.7% from $15.8B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Trading was light in Q2 2021: portfolio turnover was 4.8%. State of Michigan Retirement System opened 21 new positions and exited 27, leaving the 996-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q2 2021 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 673,200 shares worth $75.7M.
  • State of Michigan Retirement System added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2021, an estimated $92.9M increase.
  • State of Michigan Retirement System's biggest Q2 2021 reduction was Berkshire Hathaway Class B, cutting an estimated $80.1M.
  • State of Michigan Retirement System fully exited Renewable Energy Group, Inc. in Q2 2021, selling an estimated $23.5M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $17B portfolio in Q2 2021.
  • State of Michigan Retirement System opened 21 new positions and closed 27 in Q2 2021.
  • State of Michigan Retirement System's portfolio value rose 7.7% quarter-over-quarter to $17B.

Based on State of Michigan Retirement System's 13F filing for Q2 2021, filed 27 Jul 2021.