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
+9.09%
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
$14.4B
AUM Growth
+$740M
Cap. Flow
-$204M
Cap. Flow %
-1.42%
Top 10 Hldgs %
31.67%
Holding
983
New
17
Increased
553
Reduced
277
Closed
16

Top Buys

Rank Stock Value
1
VZ icon
Verizon
VZ
+$37.9M
2
ISRG icon
Intuitive Surgical
ISRG
+$24.2M
3
XLE icon
State Street Energy Select Sector SPDR ETF
XLE
+$21.8M
4
V icon
Visa
V
+$13.9M
5
PAYC icon
Paycom
PAYC
+$8.65M

Top Sells

Rank Stock Value
1
APO icon
Apollo Global Management
APO
+$94.4M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$81.5M
3
MSFT icon
Microsoft
MSFT
+$37.3M
4
META icon
Meta Platforms (Facebook)
META
+$32.9M
5
ACN icon
Accenture
ACN
+$27.7M

Sector Composition

Rank Sector Weight
1 Technology 19.7%
2 Healthcare 12.61%
3 Financials 11.97%
4 Communication Services 9.39%
5 Consumer Discretionary 7.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CMC icon
676
Commercial Metals
CMC
$8.1B
$1.44M 0.01%
29,837
-500
-2% -$22.9K
CNXC icon
677
Concentrix
CNXC
$1.56B
$1.44M 0.01%
10,791
– –
SKX
678
DELISTED
Skechers
SKX
$1.43M 0.01%
34,144
+100
+0.3% +$3.83K
LAD icon
679
Lithia Motors
LAD
$8.35B
$1.43M 0.01%
6,987
– –
PNFP icon
680
Pinnacle Financial Partners Inc
PNFP
$15.8B
$1.43M 0.01%
19,427
+200
+1% +$16.1K
M icon
681
Macy's
M
$6.55B
$1.42M 0.01%
68,970
+1,000
+1% +$20.5K
KNSL icon
682
Kinsale Capital Group
KNSL
$8.4B
$1.42M 0.01%
5,445
– –
EXLS icon
683
EXL Service
EXLS
$5.32B
$1.42M 0.01%
42,000
+500
+1% +$17.4K
SAIA icon
684
Saia
SAIA
$9.49B
$1.42M 0.01%
6,786
+100
+1% +$21.8K
SRC
685
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
$1.42M 0.01%
35,516
+1,100
+3% +$42.9K
HOG icon
686
Harley-Davidson
HOG
$2.72B
$1.41M 0.01%
33,861
+300
+0.9% +$12.8K
FLO icon
687
Flowers Foods
FLO
$1.51B
$1.41M 0.01%
48,942
+300
+0.6% +$8.43K
PII icon
688
Polaris
PII
$3.97B
$1.4M 0.01%
13,879
-200
-1% -$20.8K
NCLH icon
689
Norwegian Cruise Line
NCLH
$8.52B
$1.4M 0.01%
114,479
+400
+0.4% +$6.02K
FCN icon
690
FTI Consulting
FCN
$4.17B
$1.4M 0.01%
8,804
+100
+1% +$16.7K
NVST icon
691
Envista
NVST
$4.53B
$1.4M 0.01%
41,463
+300
+0.7% +$10.3K
GBCI icon
692
Glacier Bancorp
GBCI
$6.35B
$1.4M 0.01%
28,236
+300
+1% +$16.2K
LNW
693
DELISTED
Light & Wonder
LNW
$1.39M 0.01%
23,799
– –
IDA icon
694
Idacorp
IDA
$8.08B
$1.39M 0.01%
12,920
+200
+2% +$20.7K
SNV
695
DELISTED
Synovus
SNV
$1.39M 0.01%
37,004
+400
+1% +$15.9K
UBSI icon
696
United Bankshares
UBSI
$6.58B
$1.39M 0.01%
34,313
+400
+1% +$16.2K
FAF icon
697
First American
FAF
$7.37B
$1.38M 0.01%
26,364
+100
+0.4% +$5.07K
LFUS icon
698
Littelfuse
LFUS
$11.6B
$1.38M 0.01%
6,253
– –
SIGI icon
699
Selective Insurance
SIGI
$5.66B
$1.36M 0.01%
15,381
+200
+1% +$18.2K
DTM icon
700
DT Midstream
DTM
$13.7B
$1.36M 0.01%
24,655
+300
+1% +$17.1K
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 2022 Portfolio in Review

As of Q4 2022, State of Michigan Retirement System held 983 positions worth $14.4B, up 5.4% from $13.6B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Trading was light in Q4 2022: portfolio turnover was 3.4%. State of Michigan Retirement System opened 17 new positions and exited 16, leaving the 983-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q4 2022 buy was State Street Energy Select Sector SPDR ETF: 500,000 shares worth $21.9M.
  • State of Michigan Retirement System added most to Verizon in Q4 2022, an estimated $37.9M increase.
  • State of Michigan Retirement System's biggest Q4 2022 reduction was Apollo Global Management, cutting an estimated $94.4M.
  • State of Michigan Retirement System fully exited Twitter, Inc. in Q4 2022, selling an estimated $11.9M.
  • State of Michigan Retirement System's ten largest holdings make up 32% of its $14.4B portfolio in Q4 2022.
  • State of Michigan Retirement System opened 17 new positions and closed 16 in Q4 2022.
  • State of Michigan Retirement System's portfolio value rose 5.4% quarter-over-quarter to $14.4B.

Based on State of Michigan Retirement System's 13F filing for Q4 2022, filed 27 Jan 2023.