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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
+6.32%
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
$12.9B
AUM Growth
+$331M
Cap. Flow
-$338M
Cap. Flow %
-2.62%
Top 10 Hldgs %
25.74%
Holding
977
New
19
Increased
588
Reduced
263
Closed
32

Top Buys

Rank Stock Value
1
PG icon
Procter & Gamble
PG
+$100M
2
DIS icon
Walt Disney
DIS
+$63.1M
3
SHW icon
Sherwin-Williams
SHW
+$57.5M
4
ZTS icon
Zoetis
ZTS
+$35.8M
5
CELG
Celgene Corp
CELG
+$33.7M

Top Sells

Rank Stock Value
1
STZ icon
Constellation Brands
STZ
+$53.2M
2
TMO icon
Thermo Fisher Scientific
TMO
+$51.1M
3
CVS icon
CVS Health
CVS
+$49.2M
4
BMY icon
Bristol-Myers Squibb
BMY
+$48.9M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$48.6M

Sector Composition

Rank Sector Weight
1 Financials 20.57%
2 Technology 14.12%
3 Healthcare 12.64%
4 Communication Services 11.19%
5 Industrials 8.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KO icon
51
Coca-Cola
KO
$374B
$53.9M 0.42%
1,269,238
-200
-0% -$8.34K
XLF icon
52
State Street Financial Select Sector SPDR ETF
XLF
$58.4B
$53.8M 0.42%
2,267,600
+42,000
+2% +$1.01M
TMO icon
53
Thermo Fisher Scientific
TMO
$214B
$53.4M 0.41%
347,531
-334,100
-49% -$51.1M
PEP icon
54
PepsiCo
PEP
$189B
$52.4M 0.41%
468,829
-200
-0% -$21.5K
TWX
55
DELISTED
Time Warner Inc
TWX
$52.2M 0.4%
533,927
+2,100
+0.4% +$203K
UNH icon
56
UnitedHealth
UNH
$367B
$51.8M 0.4%
315,913
-24,400
-7% -$4M
QCOM icon
57
Qualcomm
QCOM
$168B
$50.8M 0.39%
886,071
-26,800
-3% -$1.55M
IBM icon
58
IBM
IBM
$220B
$50.5M 0.39%
303,222
-1,150
-0.4% -$193K
CL icon
59
Colgate-Palmolive
CL
$74.1B
$49.9M 0.39%
682,384
-700
-0.1% -$49K
MA icon
60
Mastercard
MA
$505B
$49M 0.38%
435,828
-9,800
-2% -$1.07M
NVDA icon
61
NVIDIA
NVDA
$5.3T
$48.3M 0.37%
17,739,680
+1,288,000
+8% +$3.43M
MO icon
62
Altria Group
MO
$113B
$46.3M 0.36%
647,902
-800
-0.1% -$57.9K
GD icon
63
General Dynamics
GD
$105B
$45M 0.35%
240,627
-200
-0.1% -$37K
DHR icon
64
Danaher
DHR
$141B
$44.8M 0.35%
590,584
-91,683
-13% -$6.82M
BMY icon
65
Bristol-Myers Squibb
BMY
$131B
$44.4M 0.34%
816,117
-891,100
-52% -$48.9M
LMT icon
66
Lockheed Martin
LMT
$134B
$43.9M 0.34%
164,118
-400
-0.2% -$105K
ILMN icon
67
Illumina
ILMN
$29.3B
$43.9M 0.34%
264,258
+120,276
+84% +$19M
MON
68
DELISTED
Monsanto Co
MON
$43.1M 0.33%
381,063
+237,800
+166% +$26.3M
TJX icon
69
TJX Companies
TJX
$179B
$43M 0.33%
1,088,180
-26,200
-2% -$1.01M
EMR icon
70
Emerson Electric
EMR
$87.5B
$39.7M 0.31%
663,223
-19,300
-3% -$1.15M
AMGN icon
71
Amgen
AMGN
$219B
$39.7M 0.31%
241,894
-9,900
-4% -$1.64M
TXN icon
72
Texas Instruments
TXN
$254B
$39.4M 0.3%
489,618
+1,500
+0.3% +$116K
ACN icon
73
Accenture
ACN
$105B
$39.4M 0.3%
328,386
-15,000
-4% -$1.79M
ABT icon
74
Abbott
ABT
$187B
$37.8M 0.29%
852,243
+336,732
+65% +$14.6M
MMM icon
75
3M
MMM
$93.2B
$37.5M 0.29%
234,268
-956
-0.4% -$147K
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 Q1 2017 Portfolio in Review

As of Q1 2017, State of Michigan Retirement System held 977 positions worth $12.9B, up 2.6% from $12.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

State of Michigan Retirement System's Q1 2017 filing shows 19 new, 588 increased, 263 reduced and 32 closed positions. Its largest new stake was Archer Daniels Midland: 187,600 shares worth $8.64M. The largest sale was Constellation Brands, an estimated $53.2M.

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

  • State of Michigan Retirement System's largest Q1 2017 buy was Archer Daniels Midland: 187,600 shares worth $8.64M.
  • State of Michigan Retirement System added most to Procter & Gamble in Q1 2017, an estimated $100M increase.
  • State of Michigan Retirement System's biggest Q1 2017 reduction was Constellation Brands, cutting an estimated $53.2M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q1 2017, selling an estimated $48.6M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $12.9B portfolio in Q1 2017.
  • State of Michigan Retirement System opened 19 new positions and closed 32 in Q1 2017.
  • State of Michigan Retirement System's portfolio value rose 2.6% quarter-over-quarter to $12.9B.

Based on State of Michigan Retirement System's 13F filing for Q1 2017, filed 1 May 2017.