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
EVR icon
601
Evercore
EVR
$11.6B
$2.32M 0.01%
8,605
+100
+1% +$22K
HLI icon
602
Houlihan Lokey
HLI
$8.66B
$2.32M 0.01%
12,900
– –
RRX icon
603
Regal Rexnord
RRX
$11.7B
$2.31M 0.01%
15,901
– –
AFG icon
604
American Financial Group
AFG
$12B
$2.3M 0.01%
18,210
-200
-1% -$25K
GNRC icon
605
Generac Holdings
GNRC
$12.4B
$2.29M 0.01%
16,016
-200
-1% -$24.4K
TTEK icon
606
Tetra Tech
TTEK
$9.01B
$2.28M 0.01%
63,340
-800
-1% -$26.6K
MKTX icon
607
MarketAxess Holdings
MKTX
$5.72B
$2.28M 0.01%
10,193
– –
WING icon
608
Wingstop
WING
$3.21B
$2.25M 0.01%
6,672
-300
-4% -$88.8K
WYNN icon
609
Wynn Resorts
WYNN
$10.5B
$2.25M 0.01%
23,972
-300
-1% -$25.5K
CHWY icon
610
Chewy
CHWY
$9.37B
$2.24M 0.01%
52,600
+13,000
+33% +$518K
WBA
611
DELISTED
Walgreens Boots Alliance
WBA
$2.24M 0.01%
195,198
-79,504
-29% -$885K
CR icon
612
Crane Co
CR
$12.7B
$2.24M 0.01%
11,772
+100
+0.9% +$16.6K
BLD
613
DELISTED
TopBuild
BLD
$2.22M 0.01%
6,857
-200
-3% -$59.3K
WBS icon
614
Webster Financial
WBS
$12.8B
$2.21M 0.01%
40,444
-600
-1% -$29.9K
AYI icon
615
Acuity Brands
AYI
$10.6B
$2.21M 0.01%
7,394
+100
+1% +$25.9K
AVTR icon
616
Avantor
AVTR
$9.25B
$2.2M 0.01%
163,800
+800
+0.5% +$10.9K
PLNT icon
617
Planet Fitness
PLNT
$3.72B
$2.2M 0.01%
20,200
+100
+0.5% +$10K
TECH icon
618
Bio-Techne
TECH
$11.2B
$2.19M 0.01%
42,644
-200
-0.5% -$10.1K
NYT icon
619
New York Times
NYT
$10.4B
$2.18M 0.01%
39,016
– –
HQY icon
620
HealthEquity
HQY
$8.92B
$2.18M 0.01%
20,822
+100
+0.5% +$9.48K
SSB icon
621
SouthState Bank Corp
SSB
$10.5B
$2.18M 0.01%
23,700
+200
+0.9% +$17.6K
PRI icon
622
Primerica
PRI
$9.76B
$2.17M 0.01%
7,919
-100
-1% -$26.5K
OGE icon
623
OGE Energy
OGE
$9.55B
$2.15M 0.01%
48,414
+300
+0.6% +$13.3K
JEF icon
624
Jefferies Financial Group
JEF
$12.9B
$2.14M 0.01%
39,216
+200
+0.5% +$9.9K
AIT icon
625
Applied Industrial Technologies
AIT
$13.3B
$2.14M 0.01%
9,200
– –
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
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.