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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TSCO icon
51
Tractor Supply
TSCO
$18B
$58.2M 0.45%
3,404,500
-1,015,500
-23% -$18M
HON icon
52
Honeywell
HON
$78B
$58M 0.44%
623,721
+9,905
+2% +$908K
CVX icon
53
Chevron
CVX
$366B
$57.9M 0.44%
643,704
-35,600
-5% -$3.21M
SLB icon
54
SLB Ltd
SLB
$75B
$56.2M 0.43%
805,583
-25,600
-3% -$1.92M
DIS icon
55
Walt Disney
DIS
$181B
$54.7M 0.42%
520,225
-40,500
-7% -$4.51M
LMT icon
56
Lockheed Martin
LMT
$136B
$53.9M 0.41%
248,127
-19,200
-7% -$4.17M
V icon
57
Visa
V
$677B
$52.7M 0.4%
679,680
-38,400
-5% -$2.97M
PEP icon
58
PepsiCo
PEP
$190B
$49.8M 0.38%
498,273
-32,300
-6% -$3.22M
PCG icon
59
PG&E
PCG
$38.5B
$46.3M 0.35%
869,841
-1,498,700
-63% -$79.7M
DHR icon
60
Danaher
DHR
$144B
$45M 0.34%
720,395
+183,003
+34% +$11.5M
BA icon
61
Boeing
BA
$185B
$44.1M 0.34%
305,290
+74,600
+32% +$10.7M
MCK icon
62
McKesson
MCK
$101B
$43.9M 0.34%
222,453
+16,800
+8% +$3.17M
UNH icon
63
UnitedHealth
UNH
$370B
$42.5M 0.33%
361,013
-13,300
-4% -$1.55M
AGN
64
DELISTED
Allergan plc
AGN
$42.1M 0.32%
134,852
-7,200
-5% -$2.14M
AMGN icon
65
Amgen
AMGN
$222B
$41.9M 0.32%
257,962
-15,900
-6% -$2.5M
GD icon
66
General Dynamics
GD
$106B
$40.7M 0.31%
296,011
+13,100
+5% +$1.87M
ACN icon
67
Accenture
ACN
$108B
$39M 0.3%
372,902
+147,500
+65% +$15.6M
SIG icon
68
Signet Jewelers
SIG
$3.76B
$38.6M 0.3%
312,200
+283,500
+988% +$38.4M
DAL icon
69
Delta Air Lines
DAL
$60.1B
$37.5M 0.29%
740,300
-18,800
-2% -$930K
MCD icon
70
McDonald's
MCD
$195B
$37.1M 0.28%
314,089
-26,300
-8% -$2.94M
MDT icon
71
Medtronic
MDT
$112B
$37M 0.28%
480,990
-29,800
-6% -$2.24M
TXN icon
72
Texas Instruments
TXN
$261B
$36.5M 0.28%
665,814
+294,900
+80% +$16.5M
EBAY icon
73
eBay
EBAY
$49.8B
$36M 0.28%
1,310,786
+361,800
+38% +$9.99M
CAH icon
74
Cardinal Health
CAH
$55.4B
$35.9M 0.27%
401,631
-5,800
-1% -$493K
RTN
75
DELISTED
Raytheon Company
RTN
$35.3M 0.27%
283,516
-69,800
-20% -$8.39M
1 2
3
4 5

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
AM
AGF Management Toronto, Ontario, Canada $22.3B AUM 46.42% 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
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM) Fort Worth, Texas $23.1B AUM 21.31% 1-Year Est. Return
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

State of Michigan Retirement System's Q4 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Healthcare and Technology.

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.