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
+13.65%
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
$12.5B
AUM Growth
+$1.31B
Cap. Flow
-$79.1M
Cap. Flow %
-0.63%
Top 10 Hldgs %
22.44%
Holding
968
New
24
Increased
369
Reduced
350
Closed
18

Top Buys

Rank Stock Value
1
RITM icon
Rithm Capital
RITM
+$49.4M
2
SPNT icon
SiriusPoint
SPNT
+$44.7M
3
CVS icon
CVS Health
CVS
+$30.5M
4
ORCL icon
Oracle
ORCL
+$30.2M
5
SYK icon
Stryker
SYK
+$28.9M

Top Sells

Rank Stock Value
1
EXC icon
Exelon
EXC
+$82.5M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$70.3M
3
GILD icon
Gilead Sciences
GILD
+$63.7M
4
MCK icon
McKesson
MCK
+$32.8M
5
COR icon
Cencora
COR
+$31.4M

Sector Composition

Rank Sector Weight
1 Technology 16.88%
2 Financials 14.51%
3 Real Estate 12.52%
4 Healthcare 12.42%
5 Industrials 9.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CABO icon
626
Cable One
CABO
$212M
$1.77M 0.01%
1,800
– –
GWR
627
DELISTED
Genesee & Wyoming Inc.
GWR
$1.75M 0.01%
20,100
-700
-3% -$56.8K
HP icon
628
Helmerich & Payne
HP
$3.71B
$1.75M 0.01%
31,492
+300
+1% +$16.3K
WH icon
629
Wyndham Hotels & Resorts
WH
$5.48B
$1.75M 0.01%
34,937
-400
-1% -$20.2K
ASH icon
630
Ashland
ASH
$3.5B
$1.75M 0.01%
22,353
+100
+0.4% +$7.7K
PRGO icon
631
Perrigo
PRGO
$1.78B
$1.74M 0.01%
36,022
+200
+0.6% +$9.36K
CW icon
632
Curtiss-Wright
CW
$25.5B
$1.73M 0.01%
15,300
-300
-2% -$34.2K
TOL icon
633
Toll Brothers
TOL
$14.5B
$1.73M 0.01%
47,800
-500
-1% -$18K
HIW icon
634
Highwoods Properties
HIW
$3.47B
$1.73M 0.01%
36,900
– –
PII icon
635
Polaris
PII
$4.07B
$1.72M 0.01%
20,400
-300
-1% -$25.5K
NWL icon
636
Newell Brands
NWL
$2.56B
$1.72M 0.01%
112,071
-10,900
-9% -$200K
FLS icon
637
Flowserve
FLS
$10.2B
$1.71M 0.01%
37,775
+300
+0.8% +$13.1K
AYI icon
638
Acuity Brands
AYI
$10.8B
$1.7M 0.01%
14,200
-100
-0.7% -$12.4K
MUR icon
639
Murphy Oil
MUR
$4.78B
$1.7M 0.01%
58,000
– –
LIVN icon
640
LivaNova
LIVN
$4.2B
$1.69M 0.01%
17,400
– –
NKTR icon
641
Nektar Therapeutics
NKTR
$2.58B
$1.69M 0.01%
3,347
+40
+1% +$23.7K
FOX icon
642
Fox Class B
FOX
$23.9B
$1.68M 0.01%
+46,785
New +$1.78M
AIZ icon
643
Assurant
AIZ
$14.3B
$1.68M 0.01%
17,657
+2,700
+18% +$261K
AVT icon
644
Avnet
AVT
$7.92B
$1.68M 0.01%
38,640
-1,000
-3% -$42.2K
CASY icon
645
Casey's General Stores
CASY
$30.9B
$1.67M 0.01%
13,000
– –
OGS icon
646
ONE Gas
OGS
$5.04B
$1.67M 0.01%
18,757
– –
WBS icon
647
Webster Financial
WBS
$12.8B
$1.67M 0.01%
32,850
– –
NYT icon
648
New York Times
NYT
$10.2B
$1.66M 0.01%
50,600
+300
+0.6% +$8.88K
EV
649
DELISTED
Eaton Vance Corp.
EV
$1.66M 0.01%
41,100
-400
-1% -$15.9K
SRCL
650
DELISTED
Stericycle Inc
SRCL
$1.65M 0.01%
30,381
– –
24 25
26
27 28

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 Q1 2019 Portfolio in Review

As of Q1 2019, State of Michigan Retirement System held 968 positions worth $12.5B, up 12% from $11.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Trading was light in Q1 2019: portfolio turnover was 4.3%. State of Michigan Retirement System opened 24 new positions and exited 18, leaving the 968-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Financials and Real Estate.

  • State of Michigan Retirement System's largest Q1 2019 buy was SiriusPoint: 4,200,000 shares worth $43.6M.
  • State of Michigan Retirement System added most to Rithm Capital in Q1 2019, an estimated $49.4M increase.
  • State of Michigan Retirement System's biggest Q1 2019 reduction was Exelon, cutting an estimated $82.5M.
  • State of Michigan Retirement System fully exited Burlington in Q1 2019, selling an estimated $31.2M.
  • State of Michigan Retirement System's ten largest holdings make up 22% of its $12.5B portfolio in Q1 2019.
  • State of Michigan Retirement System opened 24 new positions and closed 18 in Q1 2019.
  • State of Michigan Retirement System's portfolio value rose 12% quarter-over-quarter to $12.5B.

Based on State of Michigan Retirement System's 13F filing for Q1 2019, filed 6 May 2019.