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
+16.07%
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
$14.7B
AUM Growth
+$2.07B
Cap. Flow
+$354M
Cap. Flow %
2.42%
Top 10 Hldgs %
23.75%
Holding
986
New
30
Increased
237
Reduced
486
Closed
23

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$132M
2
BMY icon
Bristol-Myers Squibb
BMY
+$104M
3
TSLA icon
Tesla
TSLA
+$97.6M
4
MBB icon
iShares MBS ETF
MBB
+$50.1M
5
GILD icon
Gilead Sciences
GILD
+$47.7M

Top Sells

Rank Stock Value
1
PINS icon
Pinterest
PINS
+$84M
2
AGNC icon
AGNC Investment
AGNC
+$57.1M
3
JPM icon
JPMorgan Chase
JPM
+$52.7M
4
AVY icon
Avery Dennison
AVY
+$46.3M
5
CBRE icon
CBRE Group
CBRE
+$46M

Sector Composition

Rank Sector Weight
1 Technology 22.87%
2 Healthcare 14.37%
3 Financials 11.76%
4 Consumer Discretionary 10.09%
5 Communication Services 8.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TXRH icon
676
Texas Roadhouse
TXRH
$13.6B
$1.86M 0.01%
23,792
– –
JEF icon
677
Jefferies Financial Group
JEF
$12.8B
$1.85M 0.01%
78,880
-3,452
-4% -$72.4K
EME icon
678
Emcor
EME
$35.7B
$1.83M 0.01%
20,035
– –
RRX icon
679
Regal Rexnord
RRX
$11.5B
$1.82M 0.01%
14,803
– –
TOL icon
680
Toll Brothers
TOL
$14B
$1.82M 0.01%
41,827
– –
CUZ icon
681
Cousins Properties
CUZ
$4.83B
$1.81M 0.01%
54,125
– –
REG icon
682
Regency Centers
REG
$13.9B
$1.81M 0.01%
39,712
-500
-1% -$21.5K
GMED icon
683
Globus Medical
GMED
$11.7B
$1.81M 0.01%
27,739
+300
+1% +$17.2K
MRCY icon
684
Mercury Systems
MRCY
$6.52B
$1.8M 0.01%
20,435
– –
IBKR icon
685
Interactive Brokers
IBKR
$41.1B
$1.79M 0.01%
117,736
+2,400
+2% +$31.8K
ZION icon
686
Zions Bancorporation
ZION
$10.3B
$1.79M 0.01%
41,216
-600
-1% -$22.2K
BRX icon
687
Brixmor Property Group
BRX
$9.15B
$1.79M 0.01%
107,984
– –
SEE
688
DELISTED
Sealed Air
SEE
$1.78M 0.01%
38,966
-800
-2% -$34.7K
FLG
689
Flagstar Bank National Association
FLG
$5.84B
$1.78M 0.01%
56,351
+33
+0.1% +$910
CFR icon
690
Cullen/Frost Bankers
CFR
$10.3B
$1.78M 0.01%
20,429
+100
+0.5% +$7.86K
PNFP icon
691
Pinnacle Financial Partners Inc
PNFP
$15.8B
$1.78M 0.01%
27,660
– –
IVZ icon
692
Invesco
IVZ
$14B
$1.78M 0.01%
102,061
-5,700
-5% -$87.7K
SKX
693
DELISTED
Skechers
SKX
$1.77M 0.01%
49,364
-300
-0.6% -$10.2K
ESNT icon
694
Essent Group
ESNT
$6.23B
$1.77M 0.01%
41,000
+100
+0.2% +$4.32K
RAMP icon
695
LiveRamp
RAMP
$2.3B
$1.77M 0.01%
24,182
+200
+0.8% +$12.7K
BEN icon
696
Franklin Resources
BEN
$17B
$1.77M 0.01%
70,714
-4,100
-5% -$91.5K
VYX icon
697
NCR Voyix
VYX
$1.09B
$1.76M 0.01%
76,496
+326
+0.4% +$5.4K
JHG
698
DELISTED
Janus Henderson
JHG
$1.76M 0.01%
54,200
-700
-1% -$20K
SAIL
699
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
$1.76M 0.01%
+33,100
New +$1.55M
IDA icon
700
Idacorp
IDA
$8.08B
$1.76M 0.01%
18,341
– –
26 27
28
29 30

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 Q4 2020 Portfolio in Review

As of Q4 2020, State of Michigan Retirement System held 986 positions worth $14.7B, up 16% from $12.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System's Q4 2020 filing shows 30 new, 237 increased, 486 reduced and 23 closed positions. Its largest new stake was Tesla: 572,100 shares worth $135M. The largest sale was Pinterest, an estimated $84M.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q4 2020 buy was Tesla: 572,100 shares worth $135M.
  • State of Michigan Retirement System added most to Apple in Q4 2020, an estimated $132M increase.
  • State of Michigan Retirement System's biggest Q4 2020 reduction was Pinterest, cutting an estimated $84M.
  • State of Michigan Retirement System fully exited AGNC Investment in Q4 2020, selling an estimated $57.1M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $14.7B portfolio in Q4 2020.
  • State of Michigan Retirement System opened 30 new positions and closed 23 in Q4 2020.
  • State of Michigan Retirement System's portfolio value rose 16% quarter-over-quarter to $14.7B.

Based on State of Michigan Retirement System's 13F filing for Q4 2020, filed 1 Feb 2021.