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
-20.36%
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
$9.07B
AUM Growth
-$3.03B
Cap. Flow
-$67.8M
Cap. Flow %
-0.75%
Top 10 Hldgs %
24.73%
Holding
965
New
18
Increased
32
Reduced
868
Closed
22

Top Buys

Rank Stock Value
1
SPG icon
Simon Property Group
SPG
+$198M
2
AAPL icon
Apple
AAPL
+$87.1M
3
META icon
Meta Platforms (Facebook)
META
+$84.1M
4
JPM icon
JPMorgan Chase
JPM
+$68.1M
5
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$61.7M

Top Sells

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$157M
2
EG icon
Everest Group
EG
+$47.9M
3
EEFT icon
Euronet Worldwide
EEFT
+$35.6M
4
XLF icon
State Street Financial Select Sector SPDR ETF
XLF
+$32.1M
5
RTX icon
RTX Corp
RTX
+$29.4M

Sector Composition

Rank Sector Weight
1 Technology 19.9%
2 Financials 14.15%
3 Healthcare 13.94%
4 Communication Services 9.15%
5 Consumer Discretionary 7.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SLAB icon
626
Silicon Laboratories
SLAB
$7.2B
$1.03M 0.01%
12,100
-700
-5% -$69.5K
DECK icon
627
Deckers Outdoor
DECK
$12.7B
$1.03M 0.01%
46,200
-3,000
-6% -$83.5K
NLSN
628
DELISTED
Nielsen Holdings plc
NLSN
$1.02M 0.01%
81,544
-4,500
-5% -$84.3K
LOPE icon
629
Grand Canyon Education
LOPE
$3.78B
$1.02M 0.01%
13,400
-800
-6% -$65.8K
SAIC icon
630
Saic
SAIC
$5.28B
$1.02M 0.01%
13,685
-800
-6% -$66.8K
FANG icon
631
Diamondback Energy
FANG
$56.7B
$1.02M 0.01%
38,946
– –
PRI icon
632
Primerica
PRI
$9.67B
$1.02M 0.01%
11,500
-700
-6% -$80K
HIW icon
633
Highwoods Properties
HIW
$3.42B
$1.02M 0.01%
28,700
-1,800
-6% -$82.3K
CHDN icon
634
Churchill Downs
CHDN
$6.2B
$1.01M 0.01%
19,684
-1,200
-6% -$77.4K
EV
635
DELISTED
Eaton Vance Corp.
EV
$1.01M 0.01%
31,400
-1,900
-6% -$80.6K
FFIN icon
636
First Financial Bankshares
FFIN
$4.99B
$1.01M 0.01%
37,700
-2,300
-6% -$72K
HELE icon
637
Helen of Troy
HELE
$678M
$1.01M 0.01%
7,000
-400
-5% -$67.8K
MSA icon
638
Mine Safety
MSA
$7.52B
$1M 0.01%
9,900
-600
-6% -$75.5K
HQY icon
639
HealthEquity
HQY
$8.81B
$997K 0.01%
19,700
-1,200
-6% -$79.7K
THG icon
640
Hanover Insurance
THG
$7.86B
$983K 0.01%
10,850
-700
-6% -$86.6K
FLIR
641
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
$982K 0.01%
30,785
-1,700
-5% -$79.9K
CMA
642
DELISTED
Comerica
CMA
$970K 0.01%
33,076
-1,800
-5% -$97.7K
RLI icon
643
RLI Corp
RLI
$5.88B
$967K 0.01%
22,000
-1,400
-6% -$61.6K
TCF
644
DELISTED
TCF Financial Corporation Common Stock
TCF
$965K 0.01%
42,573
-2,600
-6% -$97.6K
ZD icon
645
Ziff Davis
ZD
$1.97B
$958K 0.01%
14,720
-920
-6% -$71.8K
EME icon
646
Emcor
EME
$36B
$957K 0.01%
15,600
-900
-5% -$69.4K
JBL icon
647
Jabil
JBL
$37.1B
$949K 0.01%
38,600
-2,300
-6% -$80.2K
AYI icon
648
Acuity Brands
AYI
$10.8B
$942K 0.01%
11,000
-700
-6% -$76.8K
KIM icon
649
Kimco Realty
KIM
$16.1B
$936K 0.01%
96,838
-5,300
-5% -$91K
WWD icon
650
Woodward
WWD
$21.1B
$927K 0.01%
15,600
-1,000
-6% -$104K
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
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 2020 Portfolio in Review

As of Q1 2020, State of Michigan Retirement System held 965 positions worth $9.07B, down 25% from $12.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Trading was light in Q1 2020: portfolio turnover was 4.1%. State of Michigan Retirement System opened 18 new positions and exited 22, leaving the 965-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q1 2020 buy was National General Holdings Corp: 1,300,000 shares worth $21.5M.
  • State of Michigan Retirement System added most to Simon Property Group in Q1 2020, an estimated $198M increase.
  • State of Michigan Retirement System's biggest Q1 2020 reduction was Everest Group, cutting an estimated $47.9M.
  • State of Michigan Retirement System fully exited Annaly Capital Management in Q1 2020, selling an estimated $157M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $9.07B portfolio in Q1 2020.
  • State of Michigan Retirement System opened 18 new positions and closed 22 in Q1 2020.
  • State of Michigan Retirement System's portfolio value fell 25% quarter-over-quarter to $9.07B.

Based on State of Michigan Retirement System's 13F filing for Q1 2020, filed 28 Apr 2020.