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
ARW icon
701
Arrow Electronics
ARW
$10.3B
$1.71M 0.01%
13,175
+200
+2% +$23.4K
GTLS
702
DELISTED
Chart Industries
GTLS
$1.7M 0.01%
10,300
+200
+2% +$26.9K
CYTK icon
703
Cytokinetics
CYTK
$10.8B
$1.69M 0.01%
+24,100
New +$1.86M
OGE icon
704
OGE Energy
OGE
$9.54B
$1.69M 0.01%
49,214
+1,200
+2% +$40.3K
CHX
705
DELISTED
ChampionX
CHX
$1.68M 0.01%
46,895
+200
+0.4% +$5.98K
HRB icon
706
H&R Block
HRB
$5.82B
$1.68M 0.01%
34,268
-300
-0.9% -$14.3K
CMC icon
707
Commercial Metals
CMC
$8.1B
$1.68M 0.01%
28,537
+500
+2% +$26.5K
SAIC icon
708
Saic
SAIC
$5.3B
$1.66M 0.01%
12,755
+100
+0.8% +$13.2K
TMHC
709
DELISTED
Taylor Morrison
TMHC
$1.64M 0.01%
26,395
+600
+2% +$33.1K
HLI icon
710
Houlihan Lokey
HLI
$8.62B
$1.64M 0.01%
12,800
+400
+3% +$49.5K
EVR icon
711
Evercore
EVR
$11.5B
$1.64M 0.01%
8,505
+200
+2% +$36.2K
RMBS icon
712
Rambus
RMBS
$10.4B
$1.63M 0.01%
26,400
+600
+2% +$38K
MUR icon
713
Murphy Oil
MUR
$5.09B
$1.63M 0.01%
35,647
+400
+1% +$16.1K
BC icon
714
Brunswick
BC
$5.21B
$1.63M 0.01%
16,870
+400
+2% +$35.1K
SIGI icon
715
Selective Insurance
SIGI
$5.66B
$1.62M 0.01%
14,881
+300
+2% +$30.9K
CR icon
716
Crane Co
CR
$12.7B
$1.62M 0.01%
11,972
+300
+3% +$36.9K
WHR icon
717
Whirlpool
WHR
$2.75B
$1.62M 0.01%
13,500
-1,485
-10% -$166K
PNFP icon
718
Pinnacle Financial Partners Inc
PNFP
$15.8B
$1.61M 0.01%
18,727
+300
+2% +$25.2K
SFM icon
719
Sprouts Farmers Market
SFM
$7.96B
$1.61M 0.01%
24,896
+500
+2% +$27.9K
CIVI
720
DELISTED
Civitas Resources
CIVI
$1.6M 0.01%
21,100
+600
+3% +$40.1K
MASI
721
DELISTED
Masimo
MASI
$1.6M 0.01%
10,896
+200
+2% +$25.8K
SSB icon
722
SouthState Bank Corp
SSB
$10.5B
$1.59M 0.01%
18,700
+500
+3% +$41.2K
SNX icon
723
TD Synnex
SNX
$20.3B
$1.59M 0.01%
14,021
+1,700
+14% +$177K
ZION icon
724
Zions Bancorporation
ZION
$10.3B
$1.58M 0.01%
36,400
-4,117
-10% -$170K
WTFC icon
725
Wintrust Financial
WTFC
$10.7B
$1.57M 0.01%
15,063
+400
+3% +$38.6K
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 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.