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
FHN icon
626
First Horizon
FHN
$12B
$2.11M 0.01%
137,256
+3,200
+2% +$45.9K
MIDD icon
627
Middleby
MIDD
$5.65B
$2.11M 0.01%
13,120
+300
+2% +$44.2K
PARA
628
DELISTED
Paramount Global Class B
PARA
$2.11M 0.01%
179,148
+100
+0.1% +$1.26K
EGP icon
629
EastGroup Properties
EGP
$10.8B
$2.11M 0.01%
11,727
+600
+5% +$108K
KBR icon
630
KBR
KBR
$4.8B
$2.11M 0.01%
33,111
+700
+2% +$39.9K
ARMK icon
631
Aramark
ARMK
$15.8B
$2.1M 0.01%
64,500
+1,900
+3% +$57.2K
CACI icon
632
CACI
CACI
$14.6B
$2.09M 0.01%
5,521
+200
+4% +$71.1K
MTN icon
633
Vail Resorts
MTN
$5.25B
$2.07M 0.01%
9,300
+200
+2% +$44.5K
GNTX icon
634
Gentex
GNTX
$5.09B
$2.07M 0.01%
57,240
+1,300
+2% +$45K
CHDN icon
635
Churchill Downs
CHDN
$6.16B
$2.06M 0.01%
16,680
+400
+2% +$48.3K
FRT icon
636
Federal Realty Investment Trust
FRT
$10.1B
$2.06M 0.01%
20,162
– –
WFRD icon
637
Weatherford International
WFRD
$6.7B
$2.05M 0.01%
17,800
+500
+3% +$50.7K
MKSI icon
638
MKS Inc
MKSI
$20.2B
$2.05M 0.01%
15,440
+400
+3% +$46.5K
PVH icon
639
PVH
PVH
$3.96B
$2.05M 0.01%
14,600
+100
+0.7% +$12.8K
SWN
640
DELISTED
Southwestern Energy Company
SWN
$2.05M 0.01%
270,500
+6,200
+2% +$42.1K
IVZ icon
641
Invesco
IVZ
$14.1B
$2.04M 0.01%
123,198
+100
+0.1% +$1.61K
LAD icon
642
Lithia Motors
LAD
$8.31B
$2.04M 0.01%
6,787
+200
+3% +$59.1K
RRC icon
643
Range Resources
RRC
$9.4B
$2.04M 0.01%
59,286
+1,400
+2% +$43.3K
EHC icon
644
Encompass Health
EHC
$12.5B
$2.04M 0.01%
24,645
+600
+2% +$43.9K
EDIT icon
645
Editas Medicine
EDIT
$442M
$2.03M 0.01%
273,721
– –
HAS icon
646
Hasbro
HAS
$13.7B
$2.02M 0.01%
35,712
– –
AYI icon
647
Acuity Brands
AYI
$10.8B
$2.01M 0.01%
7,494
+100
+1% +$24.2K
AR icon
648
Antero Resources
AR
$11.5B
$2.01M 0.01%
69,400
+1,600
+2% +$38.6K
SKX
649
DELISTED
Skechers
SKX
$2.01M 0.01%
32,844
+800
+2% +$48.8K
OSK icon
650
Oshkosh
OSK
$9.83B
$2.01M 0.01%
16,108
+400
+3% +$44.5K
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 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.