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
+1.58%
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
$14.3B
AUM Growth
-$834M
Cap. Flow
-$908M
Cap. Flow %
-6.36%
Top 10 Hldgs %
24.62%
Holding
972
New
21
Increased
75
Reduced
838
Closed
21

Top Buys

Rank Stock Value
1
TWO
Two Harbors Investment
TWO
+$161M
2
TMO icon
Thermo Fisher Scientific
TMO
+$80M
3
META icon
Meta Platforms (Facebook)
META
+$77.6M
4
PEP icon
PepsiCo
PEP
+$77.3M
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$73.8M

Top Sells

Rank Stock Value
1
WMT icon
Walmart Inc
WMT
+$215M
2
USB icon
US Bancorp
USB
+$179M
3
QCOM icon
Qualcomm
QCOM
+$149M
4
GSK icon
GSK
GSK
+$125M
5
PM icon
Philip Morris
PM
+$111M

Sector Composition

Rank Sector Weight
1 Financials 18.37%
2 Technology 12.63%
3 Healthcare 12.61%
4 Communication Services 10.12%
5 Consumer Discretionary 9.12%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FAF icon
726
First American
FAF
$7.58B
$1.75M 0.01%
48,900
-2,100
-4% -$73K
CYT
727
DELISTED
CYTEC INDS INC
CYT
$1.75M 0.01%
32,300
-2,000
-6% -$99.8K
AGCO icon
728
AGCO
AGCO
$7.2B
$1.74M 0.01%
36,500
-3,300
-8% -$155K
DNY
729
DELISTED
DONNELLEY R R & SONS CO
DNY
$1.74M 0.01%
90,600
-4,500
-5% -$86.4K
ARRS
730
DELISTED
ARRIS International plc Ordinary Shares
ARRS
$1.73M 0.01%
59,900
-2,800
-4% -$79.6K
SNV
731
DELISTED
Synovus
SNV
$1.73M 0.01%
61,705
-3,300
-5% -$89.5K
OSK icon
732
Oshkosh
OSK
$9.59B
$1.73M 0.01%
35,400
-2,600
-7% -$119K
WIN
733
DELISTED
Windstream Holdings Inc
WIN
$1.72M 0.01%
29,686
-2,017
-6% -$129K
CFR icon
734
Cullen/Frost Bankers
CFR
$10.2B
$1.72M 0.01%
24,900
-1,200
-5% -$80.6K
UMPQ
735
DELISTED
Umpqua Holdings Corp
UMPQ
$1.72M 0.01%
99,900
-3,500
-3% -$57.8K
TDY icon
736
Teledyne Technologies
TDY
$32B
$1.71M 0.01%
+16,000
New +$1.6M
CRL icon
737
Charles River Laboratories
CRL
$12.8B
$1.71M 0.01%
21,500
-800
-4% -$59K
TECH icon
738
Bio-Techne
TECH
$11.3B
$1.69M 0.01%
67,200
-3,200
-5% -$76.1K
FLIR
739
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
$1.69M 0.01%
53,881
-4,200
-7% -$132K
SF
740
Stifel
SF
$12.6B
$1.68M 0.01%
+67,725
New +$1.56M
CSIQ icon
741
Canadian Solar
CSIQ
$1.08B
$1.67M 0.01%
+50,000
New +$1.38M
LYV icon
742
Live Nation Entertainment
LYV
$42.1B
$1.66M 0.01%
65,800
-3,000
-4% -$75.7K
THS
743
DELISTED
Treehouse Foods
THS
$1.65M 0.01%
19,400
-700
-3% -$60.4K
ITT icon
744
ITT
ITT
$19.1B
$1.64M 0.01%
41,200
-2,400
-6% -$93.8K
AIZ icon
745
Assurant
AIZ
$14.3B
$1.63M 0.01%
26,597
-2,300
-8% -$146K
ORI icon
746
Old Republic International
ORI
$10.4B
$1.63M 0.01%
109,227
-6,200
-5% -$91K
RRX icon
747
Regal Rexnord
RRX
$11.9B
$1.62M 0.01%
20,300
-1,000
-5% -$74.9K
PDCO
748
DELISTED
Patterson Companies, Inc.
PDCO
$1.61M 0.01%
33,090
-2,200
-6% -$110K
ESL
749
DELISTED
Esterline Technologies
ESL
$1.61M 0.01%
14,100
-1,100
-7% -$124K
X
750
DELISTED
US Steel
X
$1.61M 0.01%
66,000
-3,200
-5% -$75.9K
28 29
30
31 32

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 2015 Portfolio in Review

As of Q1 2015, State of Michigan Retirement System held 972 positions worth $14.3B, down 5.5% from $15.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Michigan Retirement System withdrew a net $908M in Q1 2015, closing 21 positions and reducing 838 holdings. Its most notable exit was Allergan Inc, an estimated $26.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.

Against the trend, State of Michigan Retirement System opened a new position in Two Harbors Investment worth $165M.

  • State of Michigan Retirement System's largest Q1 2015 buy was Two Harbors Investment: 1,945,000 shares worth $165M.
  • State of Michigan Retirement System added most to Thermo Fisher Scientific in Q1 2015, an estimated $80M increase.
  • State of Michigan Retirement System's biggest Q1 2015 reduction was Walmart Inc, cutting an estimated $215M.
  • State of Michigan Retirement System fully exited Allergan Inc in Q1 2015, selling an estimated $26.1M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $14.3B portfolio in Q1 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 21 in Q1 2015.
  • State of Michigan Retirement System's portfolio value fell 5.5% quarter-over-quarter to $14.3B.

Based on State of Michigan Retirement System's 13F filing for Q1 2015, filed 30 Apr 2015.