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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
+1.84%
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
$12.8B
AUM Growth
+$174M
Cap. Flow
+$40.2M
Cap. Flow %
0.31%
Top 10 Hldgs %
24.47%
Holding
987
New
29
Increased
635
Reduced
224
Closed
20

Top Buys

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$171M
2
XYZ
Block Inc
XYZ
+$128M
3
HON icon
Honeywell
HON
+$62.4M
4
VZ icon
Verizon
VZ
+$56.8M
5
TSLA icon
Tesla
TSLA
+$53.4M

Top Sells

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$181M
2
GS icon
Goldman Sachs
GS
+$81.2M
3
APTV icon
Aptiv
APTV
+$72.4M
4
VIAB
Viacom Inc. Class B
VIAB
+$64.6M
5
GILD icon
Gilead Sciences
GILD
+$62M

Sector Composition

Rank Sector Weight
1 Financials 19.1%
2 Technology 14.28%
3 Healthcare 13.74%
4 Communication Services 9.56%
5 Industrials 9.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UMPQ
726
DELISTED
Umpqua Holdings Corp
UMPQ
$1.37M 0.01%
88,500
+600
+0.7% +$9.37K
TDY icon
727
Teledyne Technologies
TDY
$32B
$1.37M 0.01%
13,800
– –
FMER
728
DELISTED
FIRSTMERIT CORP
FMER
$1.35M 0.01%
66,769
+600
+0.9% +$13K
SGI
729
Somnigroup International
SGI
$13.7B
$1.35M 0.01%
97,600
-2,000
-2% -$29.5K
GWR
730
DELISTED
Genesee & Wyoming Inc.
GWR
$1.35M 0.01%
22,900
+200
+0.9% +$12.2K
WKC icon
731
World Kinect Corp
WKC
$1.86B
$1.35M 0.01%
28,400
+100
+0.4% +$4.66K
KEX icon
732
Kirby Corp
KEX
$6.93B
$1.35M 0.01%
21,600
+100
+0.5% +$6.55K
AGCO icon
733
AGCO
AGCO
$7.2B
$1.34M 0.01%
28,500
+200
+0.7% +$10.3K
PB icon
734
Prosperity Bancshares
PB
$8.89B
$1.34M 0.01%
26,200
– –
PRXL
735
DELISTED
Parexel International Corp
PRXL
$1.33M 0.01%
21,200
-200
-0.9% -$12.4K
NJR icon
736
New Jersey Resources
NJR
$5.58B
$1.33M 0.01%
34,500
+200
+0.6% +$7.21K
AMD icon
737
Advanced Micro Devices
AMD
$789B
$1.33M 0.01%
257,900
+1,500
+0.6% +$5.83K
CY
738
DELISTED
Cypress Semiconductor
CY
$1.32M 0.01%
125,100
-400
-0.3% -$3.81K
WBD icon
739
Warner Bros
WBD
$67.1B
$1.32M 0.01%
52,237
+600
+1% +$16.4K
PPS
740
DELISTED
Post Properties
PPS
$1.31M 0.01%
21,500
+100
+0.5% +$5.91K
CST
741
DELISTED
CST Brands, Inc.
CST
$1.31M 0.01%
30,384
+200
+0.7% +$7.92K
DLX icon
742
Deluxe
DLX
$1.15B
$1.3M 0.01%
19,662
+100
+0.5% +$6.35K
FR icon
743
First Industrial Realty Trust
FR
$8.44B
$1.3M 0.01%
46,900
+2,800
+6% +$68.6K
BKH icon
744
Black Hills Corp
BKH
$5.69B
$1.3M 0.01%
20,690
+300
+1% +$18.1K
SFM icon
745
Sprouts Farmers Market
SFM
$8.01B
$1.3M 0.01%
56,900
+500
+0.9% +$12.8K
VSAT icon
746
Viasat
VSAT
$11.1B
$1.29M 0.01%
+18,100
New +$1.32M
RYN icon
747
Rayonier
RYN
$6.55B
$1.29M 0.01%
54,240
+221
+0.4% +$5.07K
CLF icon
748
Cleveland-Cliffs
CLF
$6.99B
$1.29M 0.01%
227,400
+167,600
+280% +$689K
FHN icon
749
First Horizon
FHN
$12.1B
$1.28M 0.01%
93,283
-1,600
-2% -$22.2K
EME icon
750
Emcor
EME
$36B
$1.28M 0.01%
+26,000
New +$1.24M
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 Q2 2016 Portfolio in Review

As of Q2 2016, State of Michigan Retirement System held 987 positions worth $12.8B, up 1.4% from $12.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q2 2016: portfolio turnover was 5%. State of Michigan Retirement System opened 29 new positions and exited 20, leaving the 987-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q2 2016 buy was Block Inc: 11,349,190 shares worth $103M.
  • State of Michigan Retirement System added most to Berkshire Hathaway Class B in Q2 2016, an estimated $171M increase.
  • State of Michigan Retirement System's biggest Q2 2016 reduction was Wells Fargo, cutting an estimated $181M.
  • State of Michigan Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $20M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $12.8B portfolio in Q2 2016.
  • State of Michigan Retirement System opened 29 new positions and closed 20 in Q2 2016.
  • State of Michigan Retirement System's portfolio value rose 1.4% quarter-over-quarter to $12.8B.

Based on State of Michigan Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.