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
+14.11%
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
$18.6B
AUM Growth
+$1.79B
Cap. Flow
+$12.3M
Cap. Flow %
0.07%
Top 10 Hldgs %
34.69%
Holding
974
New
16
Increased
601
Reduced
158
Closed
19

Top Buys

Rank Stock Value
1
NEE icon
NextEra Energy
NEE
+$132M
2
MBB icon
iShares MBS ETF
MBB
+$94.8M
3
BMY icon
Bristol-Myers Squibb
BMY
+$66.2M
4
SMCI icon
Super Micro Computer
SMCI
+$40.2M
5
MSFT icon
Microsoft
MSFT
+$40.2M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$117M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$97M
3
PANW icon
Palo Alto Networks
PANW
+$66.1M
4
APO icon
Apollo Global Management
APO
+$52.8M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$32.1M

Sector Composition

Rank Sector Weight
1 Technology 26.33%
2 Financials 10.76%
3 Communication Services 10.57%
4 Healthcare 9.84%
5 Consumer Discretionary 8.58%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PNW icon
601
Pinnacle West Capital
PNW
$12B
$2.32M 0.01%
31,061
– –
BWXT icon
602
BWX Technologies
BWXT
$15.8B
$2.31M 0.01%
22,500
+600
+3% +$53.7K
MEDP icon
603
Medpace
MEDP
$16.8B
$2.3M 0.01%
5,699
+100
+2% +$35.2K
EXP icon
604
Eagle Materials
EXP
$6.51B
$2.29M 0.01%
8,429
+100
+1% +$23.6K
WTRG icon
605
Essential Utilities
WTRG
$11.2B
$2.29M 0.01%
61,771
+1,500
+2% +$54.4K
JLL icon
606
Jones Lang LaSalle
JLL
$16.6B
$2.28M 0.01%
11,711
+300
+3% +$54.6K
WWD icon
607
Woodward
WWD
$21.2B
$2.28M 0.01%
14,810
+300
+2% +$42.2K
FMC icon
608
FMC
FMC
$1.31B
$2.28M 0.01%
35,758
– –
ETSY icon
609
Etsy
ETSY
$7.24B
$2.26M 0.01%
32,843
+100
+0.3% +$7.18K
LNW
610
DELISTED
Light & Wonder
LNW
$2.26M 0.01%
22,099
+500
+2% +$45.2K
X
611
DELISTED
US Steel
X
$2.24M 0.01%
54,899
+1,400
+3% +$64.1K
DVA icon
612
DaVita
DVA
$11.6B
$2.2M 0.01%
15,939
– –
DCI icon
613
Donaldson
DCI
$11.3B
$2.2M 0.01%
29,458
+500
+2% +$34K
GPK icon
614
Graphic Packaging
GPK
$3.54B
$2.19M 0.01%
75,200
+1,800
+2% +$47.1K
ONTO icon
615
Onto Innovation
ONTO
$15.4B
$2.19M 0.01%
12,100
+300
+3% +$50.7K
PRI icon
616
Primerica
PRI
$9.67B
$2.18M 0.01%
8,619
+200
+2% +$47.3K
ALV icon
617
Autoliv
ALV
$8.97B
$2.18M 0.01%
18,100
+100
+0.6% +$11.2K
SSD icon
618
Simpson Manufacturing
SSD
$8.13B
$2.16M 0.01%
10,527
+300
+3% +$58.1K
DELL icon
619
Dell
DELL
$288B
$2.16M 0.01%
18,896
+4,138
+28% +$386K
WBS icon
620
Webster Financial
WBS
$12.8B
$2.14M 0.01%
42,244
+1,000
+2% +$48.9K
BRKR icon
621
Bruker
BRKR
$8.68B
$2.14M 0.01%
22,793
+500
+2% +$40.2K
JAZZ icon
622
Jazz Pharmaceuticals
JAZZ
$16.3B
$2.14M 0.01%
17,764
+400
+2% +$49K
CROX icon
623
Crocs
CROX
$6.41B
$2.13M 0.01%
14,838
+300
+2% +$34.2K
PEN icon
624
Penumbra
PEN
$12.9B
$2.12M 0.01%
9,514
+300
+3% +$74.2K
GNRC icon
625
Generac Holdings
GNRC
$12.8B
$2.12M 0.01%
16,816
– –
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 2024 Portfolio in Review

As of Q1 2024, State of Michigan Retirement System held 974 positions worth $18.6B, up 11% from $16.8B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Trading was light in Q1 2024: portfolio turnover was 3.6%. State of Michigan Retirement System opened 16 new positions and exited 19, leaving the 974-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Communication Services.

  • State of Michigan Retirement System's largest Q1 2024 buy was Arm: 228,200 shares worth $28.5M.
  • State of Michigan Retirement System added most to NextEra Energy in Q1 2024, an estimated $132M increase.
  • State of Michigan Retirement System's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $117M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q1 2024, selling an estimated $97M.
  • State of Michigan Retirement System's ten largest holdings make up 35% of its $18.6B portfolio in Q1 2024.
  • State of Michigan Retirement System opened 16 new positions and closed 19 in Q1 2024.
  • State of Michigan Retirement System's portfolio value rose 11% quarter-over-quarter to $18.6B.

Based on State of Michigan Retirement System's 13F filing for Q1 2024, filed 18 Apr 2024.