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
+9.95%
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
$12.6B
AUM Growth
+$1.17B
Cap. Flow
+$238M
Cap. Flow %
1.89%
Top 10 Hldgs %
25.04%
Holding
971
New
40
Increased
506
Reduced
189
Closed
15

Top Buys

Rank Stock Value
1
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$92.2M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$88.1M
3
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$82.4M
4
ALGN icon
Align Technology
ALGN
+$21.2M
5
PYPL icon
PayPal
PYPL
+$20.1M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$126M
2
RTX icon
RTX Corp
RTX
+$35.9M
3
BKNG icon
Booking.com
BKNG
+$31.3M
4
ADP icon
Automatic Data Processing
ADP
+$30M
5
NGHC
National General Holdings Corp
NGHC
+$28.1M

Sector Composition

Rank Sector Weight
1 Technology 21.93%
2 Healthcare 13.28%
3 Financials 12.53%
4 Consumer Discretionary 9.25%
5 Communication Services 8.92%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NFG icon
701
National Fuel Gas
NFG
$7.78B
$1.35M 0.01%
33,166
+300
+0.9% +$12.8K
TKR icon
702
Timken Company
TKR
$8.77B
$1.33M 0.01%
24,576
– –
OGS icon
703
ONE Gas
OGS
$4.96B
$1.33M 0.01%
19,307
+100
+0.5% +$7.37K
HE icon
704
Hawaiian Electric Industries
HE
$2.02B
$1.32M 0.01%
39,725
– –
RYN icon
705
Rayonier
RYN
$6.52B
$1.31M 0.01%
54,831
-772
-1% -$19.2K
EXP icon
706
Eagle Materials
EXP
$6.47B
$1.31M 0.01%
15,203
+100
+0.7% +$8.08K
CFR icon
707
Cullen/Frost Bankers
CFR
$10.3B
$1.3M 0.01%
20,329
-400
-2% -$28K
ICUI icon
708
ICU Medical
ICUI
$4.56B
$1.3M 0.01%
7,109
+100
+1% +$18.8K
TCF
709
DELISTED
TCF Financial Corporation Common Stock
TCF
$1.29M 0.01%
55,446
+100
+0.2% +$2.68K
FANG icon
710
Diamondback Energy
FANG
$55.7B
$1.29M 0.01%
42,962
+2,700
+7% +$103K
FRT icon
711
Federal Realty Investment Trust
FRT
$10.2B
$1.29M 0.01%
17,578
-400
-2% -$31.5K
SWX icon
712
Southwest Gas
SWX
$6.56B
$1.28M 0.01%
20,345
+300
+1% +$20.1K
VVV icon
713
Valvoline
VVV
$4.3B
$1.28M 0.01%
67,432
+100
+0.1% +$2.06K
THG icon
714
Hanover Insurance
THG
$7.86B
$1.28M 0.01%
13,759
-100
-0.7% -$9.93K
AIV
715
Aimco
AIV
$381M
$1.28M 0.01%
285,056
– –
MZTI
716
The Marzetti Company
MZTI
$3.13B
$1.27M 0.01%
7,129
-100
-1% -$16.7K
HIW icon
717
Highwoods Properties
HIW
$3.41B
$1.27M 0.01%
37,801
– –
MUSA icon
718
Murphy USA
MUSA
$10.2B
$1.27M 0.01%
9,887
-100
-1% -$13.2K
SRC
719
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
$1.27M 0.01%
37,523
+100
+0.3% +$3.49K
SF
720
Stifel
SF
$12.6B
$1.26M 0.01%
56,185
– –
BRX icon
721
Brixmor Property Group
BRX
$9.15B
$1.26M 0.01%
107,984
+100
+0.1% +$1.21K
SMTC icon
722
Semtech
SMTC
$12.2B
$1.25M 0.01%
23,687
– –
FL
723
DELISTED
Foot Locker
FL
$1.25M 0.01%
37,924
– –
CC icon
724
Chemours
CC
$2.2B
$1.25M 0.01%
59,820
+100
+0.2% +$1.93K
KIM icon
725
Kimco Realty
KIM
$16.2B
$1.24M 0.01%
110,317
-100
-0.1% -$1.18K
27 28
29
30 31

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 2020 Portfolio in Review

As of Q3 2020, State of Michigan Retirement System held 971 positions worth $12.6B, up 10% from $11.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Michigan Retirement System's Q3 2020 filing shows 40 new, 506 increased, 189 reduced and 15 closed positions. Its largest new stake was iShares MSCI USA Momentum Factor ETF: 645,300 shares worth $95.1M. The largest sale was Apple, an estimated $126M.

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

  • State of Michigan Retirement System's largest Q3 2020 buy was iShares MSCI USA Momentum Factor ETF: 645,300 shares worth $95.1M.
  • State of Michigan Retirement System added most to iShares Core US Aggregate Bond ETF in Q3 2020, an estimated $88.1M increase.
  • State of Michigan Retirement System's biggest Q3 2020 reduction was Apple, cutting an estimated $126M.
  • State of Michigan Retirement System fully exited National General Holdings Corp in Q3 2020, selling an estimated $28.1M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.6B portfolio in Q3 2020.
  • State of Michigan Retirement System opened 40 new positions and closed 15 in Q3 2020.
  • State of Michigan Retirement System's portfolio value rose 10% quarter-over-quarter to $12.6B.

Based on State of Michigan Retirement System's 13F filing for Q3 2020, filed 26 Oct 2020.