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
-4.87%
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
$17.3B
AUM Growth
-$1.79B
Cap. Flow
-$625M
Cap. Flow %
-3.62%
Top 10 Hldgs %
37.1%
Holding
987
New
12
Increased
626
Reduced
266
Closed
39

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$326M
2
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$112M
3
GILD icon
Gilead Sciences
GILD
+$38.4M
4
SPGI icon
S&P Global
SPGI
+$36.4M
5
TDG icon
TransDigm Group
TDG
+$33.8M

Top Sells

Rank Stock Value
1
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$325M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$181M
3
SPG icon
Simon Property Group
SPG
+$156M
4
VST icon
Vistra
VST
+$131M
5
BMY icon
Bristol-Myers Squibb
BMY
+$109M

Sector Composition

Rank Sector Weight
1 Technology 21.58%
2 Healthcare 11.99%
3 Communication Services 11.98%
4 Financials 9.11%
5 Consumer Discretionary 8.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WEX icon
601
WEX
WEX
$6.47B
$2.03M 0.01%
11,375
-18
-0.2% -$2.94K
DXC icon
602
DXC Technology
DXC
$1.72B
$2.01M 0.01%
61,714
-1,752
-3% -$57.9K
CBSH icon
603
Commerce Bancshares
CBSH
$8.51B
$2.01M 0.01%
34,099
-64
-0.2% -$3.74K
NNN icon
604
NNN REIT
NNN
$8.78B
$2M 0.01%
44,584
+101
+0.2% +$4.45K
WH icon
605
Wyndham Hotels & Resorts
WH
$5.4B
$2M 0.01%
23,653
+67
+0.3% +$5.71K
CFR icon
606
Cullen/Frost Bankers
CFR
$10.4B
$2M 0.01%
14,464
+135
+0.9% +$18.8K
SYNA icon
607
Synaptics
SYNA
$4.16B
$2M 0.01%
10,033
+98
+1% +$21.7K
PFGC icon
608
Performance Food Group
PFGC
$17.9B
$2M 0.01%
39,303
+203
+0.5% +$9.95K
WWD icon
609
Woodward
WWD
$21.1B
$2M 0.01%
16,010
+81
+0.5% +$9.52K
NVST icon
610
Envista
NVST
$4.6B
$2M 0.01%
40,963
+63
+0.2% +$2.91K
CHE icon
611
Chemed
CHE
$7.1B
$1.98M 0.01%
3,909
-11
-0.3% -$5.28K
PEN icon
612
Penumbra
PEN
$12.9B
$1.98M 0.01%
8,914
+63
+0.7% +$14K
ACC
613
DELISTED
American Campus Communities, Inc.
ACC
$1.98M 0.01%
35,324
+76
+0.2% +$4.07K
MAT icon
614
Mattel
MAT
$4.29B
$1.98M 0.01%
88,933
+115
+0.1% +$2.63K
ATR icon
615
AptarGroup
ATR
$8.53B
$1.96M 0.01%
16,710
+18
+0.1% +$2.12K
COHR icon
616
Coherent
COHR
$64.2B
$1.96M 0.01%
26,984
+98
+0.4% +$6.67K
NOV icon
617
NOV
NOV
$7.45B
$1.96M 0.01%
99,677
+677
+0.7% +$11.9K
BRX icon
618
Brixmor Property Group
BRX
$9.14B
$1.95M 0.01%
75,607
+323
+0.4% +$8.16K
KBR icon
619
KBR
KBR
$4.79B
$1.95M 0.01%
35,611
+43
+0.1% +$2.09K
NYT icon
620
New York Times
NYT
$10.2B
$1.94M 0.01%
42,416
+95
+0.2% +$4.12K
DVA icon
621
DaVita
DVA
$11.5B
$1.94M 0.01%
17,139
-861
-5% -$96.7K
CHDN icon
622
Churchill Downs
CHDN
$6.2B
$1.94M 0.01%
17,480
-64
-0.4% -$7.04K
RRC icon
623
Range Resources
RRC
$9.52B
$1.93M 0.01%
+63,386
New +$1.45M
CPRI icon
624
Capri Holdings
CPRI
$1.76B
$1.93M 0.01%
37,465
-635
-2% -$38K
TREX icon
625
Trex
TREX
$5.06B
$1.91M 0.01%
29,222
+74
+0.3% +$6.59K
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
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
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return
IC
IEQ Capital Foster City, California $21.5B AUM 75.26% 1-Year Est. Return
OAG
Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

State of Michigan Retirement System's Q1 2022 Portfolio in Review

As of Q1 2022, State of Michigan Retirement System held 987 positions worth $17.3B, down 9.4% from $19.1B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

State of Michigan Retirement System withdrew a net $625M in Q1 2022, closing 39 positions and reducing 266 holdings. Its most notable exit was Athene Holding Ltd. Class A Common Shares, an estimated $325M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in S&P Global worth $36.7M.

  • State of Michigan Retirement System's largest Q1 2022 buy was S&P Global: 89,353 shares worth $36.7M.
  • State of Michigan Retirement System added most to Meta Platforms (Facebook) in Q1 2022, an estimated $326M increase.
  • State of Michigan Retirement System's biggest Q1 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $181M.
  • State of Michigan Retirement System fully exited Athene Holding Ltd. Class A Common Shares in Q1 2022, selling an estimated $325M.
  • State of Michigan Retirement System's ten largest holdings make up 37% of its $17.3B portfolio in Q1 2022.
  • State of Michigan Retirement System opened 12 new positions and closed 39 in Q1 2022.
  • State of Michigan Retirement System's portfolio value fell 9.4% quarter-over-quarter to $17.3B.

Based on State of Michigan Retirement System's 13F filing for Q1 2022, filed 4 May 2022.