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
+6.54%
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
$20.2B
AUM Growth
+$708M
Cap. Flow
-$325M
Cap. Flow %
-1.61%
Top 10 Hldgs %
37.4%
Holding
964
New
14
Increased
120
Reduced
748
Closed
14

Top Buys

Rank Stock Value
1
CVS icon
CVS Health
CVS
+$71.4M
2
AAPL icon
Apple
AAPL
+$43.1M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$39M
4
BURL icon
Burlington
BURL
+$28.1M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$22.1M

Top Sells

Rank Stock Value
1
BMY icon
Bristol-Myers Squibb
BMY
+$190M
2
NEE icon
NextEra Energy
NEE
+$109M
3
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$99.8M
4
CRWD icon
CrowdStrike
CRWD
+$66.3M
5
VZ icon
Verizon
VZ
+$42M

Sector Composition

Rank Sector Weight
1 Technology 27.25%
2 Healthcare 10.14%
3 Financials 9.55%
4 Communication Services 9.49%
5 Consumer Discretionary 8.85%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AYI icon
651
Acuity Brands
AYI
$10.6B
$2.01M 0.01%
7,294
-100
-1% -$24.9K
AZPN
652
DELISTED
Aspen Technology Inc
AZPN
$2.01M 0.01%
8,407
-400
-5% -$84.1K
MEDP icon
653
Medpace
MEDP
$16.8B
$2M 0.01%
5,999
+300
+5% +$114K
ORI icon
654
Old Republic International
ORI
$10.3B
$2M 0.01%
56,478
-4,400
-7% -$149K
BRX icon
655
Brixmor Property Group
BRX
$9.15B
$1.99M 0.01%
71,507
-1,100
-2% -$28.4K
HLI icon
656
Houlihan Lokey
HLI
$8.62B
$1.99M 0.01%
12,600
– –
AR icon
657
Antero Resources
AR
$11.4B
$1.99M 0.01%
69,400
-1,000
-1% -$28.4K
FHN icon
658
First Horizon
FHN
$12B
$1.98M 0.01%
127,256
-4,500
-3% -$71.5K
OGE icon
659
OGE Energy
OGE
$9.54B
$1.96M 0.01%
47,714
-600
-1% -$23.3K
TKO icon
660
TKO Group
TKO
$13.8B
$1.96M 0.01%
15,810
+1,600
+11% +$183K
FLR icon
661
Fluor
FLR
$7.3B
$1.94M 0.01%
40,697
-500
-1% -$23.6K
ENSG icon
662
The Ensign Group
ENSG
$10.7B
$1.93M 0.01%
+13,400
New +$1.91M
GMED icon
663
Globus Medical
GMED
$11.7B
$1.92M 0.01%
26,861
-300
-1% -$21.2K
SSD icon
664
Simpson Manufacturing
SSD
$8.03B
$1.92M 0.01%
10,027
-100
-1% -$18K
CHRD icon
665
Chord Energy
CHRD
$7.8B
$1.91M 0.01%
14,700
-300
-2% -$46K
LNW
666
DELISTED
Light & Wonder
LNW
$1.91M 0.01%
21,099
-600
-3% -$62.9K
FCN icon
667
FTI Consulting
FCN
$4.17B
$1.91M 0.01%
8,404
– –
UFPI icon
668
UFP Industries
UFPI
$5.01B
$1.9M 0.01%
14,500
-400
-3% -$48.3K
WBS icon
669
Webster Financial
WBS
$12.8B
$1.9M 0.01%
40,744
-600
-1% -$27.5K
AXTA icon
670
Axalta
AXTA
$8.01B
$1.89M 0.01%
52,100
-1,100
-2% -$38.6K
X
671
DELISTED
US Steel
X
$1.88M 0.01%
53,099
-800
-1% -$30.5K
FYBR
672
DELISTED
Frontier Communications
FYBR
$1.87M 0.01%
52,500
-1,400
-3% -$42.1K
SWN
673
DELISTED
Southwestern Energy Company
SWN
$1.86M 0.01%
261,900
-3,700
-1% -$23.9K
BRBR icon
674
BellRing Brands
BRBR
$1.32B
$1.86M 0.01%
30,645
-800
-3% -$44.4K
BERY
675
DELISTED
Berry Global Group, Inc.
BERY
$1.85M 0.01%
29,621
-435
-1% -$25.9K
25 26
27
28 29

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
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
IC
IEQ Capital Foster City, California $21.5B AUM 75.26% 1-Year Est. Return

State of Michigan Retirement System's Q3 2024 Portfolio in Review

As of Q3 2024, State of Michigan Retirement System held 964 positions worth $20.2B, up 3.6% from $19.5B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Trading was light in Q3 2024: portfolio turnover was 2.9%. State of Michigan Retirement System opened 14 new positions and exited 14, leaving the 964-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q3 2024 buy was Grayscale Ethereum Staking ETF Shares: 460,000 shares worth $10.1M.
  • State of Michigan Retirement System added most to CVS Health in Q3 2024, an estimated $71.4M increase.
  • State of Michigan Retirement System's biggest Q3 2024 reduction was Bristol-Myers Squibb, cutting an estimated $190M.
  • State of Michigan Retirement System fully exited Novo Nordisk in Q3 2024, selling an estimated $28.5M.
  • State of Michigan Retirement System's ten largest holdings make up 37% of its $20.2B portfolio in Q3 2024.
  • State of Michigan Retirement System opened 14 new positions and closed 14 in Q3 2024.
  • State of Michigan Retirement System's portfolio value rose 3.6% quarter-over-quarter to $20.2B.

Based on State of Michigan Retirement System's 13F filing for Q3 2024, filed 4 Nov 2024.