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
GXO icon
726
GXO Logistics
GXO
$5.4B
$1.57M 0.01%
29,227
+700
+2% +$37.8K
WH icon
727
Wyndham Hotels & Resorts
WH
$5.29B
$1.56M 0.01%
20,353
+400
+2% +$31.4K
ESNT icon
728
Essent Group
ESNT
$6.08B
$1.56M 0.01%
26,133
+500
+2% +$27.2K
FAF icon
729
First American
FAF
$7.37B
$1.55M 0.01%
25,364
+600
+2% +$35.4K
CBSH icon
730
Commerce Bancshares
CBSH
$8.41B
$1.55M 0.01%
32,062
+662
+2% +$31.4K
THO icon
731
Thor Industries
THO
$4.14B
$1.54M 0.01%
13,118
+300
+2% +$34.4K
NOVT icon
732
Novanta
NOVT
$6.2B
$1.54M 0.01%
8,800
+200
+2% +$32.8K
ESAB icon
733
ESAB
ESAB
$5.32B
$1.54M 0.01%
13,902
+300
+2% +$28K
PBF icon
734
PBF Energy
PBF
$7.86B
$1.54M 0.01%
26,700
+600
+2% +$29.4K
DBX icon
735
Dropbox
DBX
$7.52B
$1.53M 0.01%
62,900
+1,400
+2% +$39.2K
GMED icon
736
Globus Medical
GMED
$11.6B
$1.52M 0.01%
28,361
+700
+3% +$37.6K
QLYS icon
737
Qualys
QLYS
$6.43B
$1.51M 0.01%
9,076
+300
+3% +$53K
PB icon
738
Prosperity Bancshares
PB
$8.81B
$1.51M 0.01%
22,997
+500
+2% +$31.9K
HXL icon
739
Hexcel
HXL
$7.63B
$1.51M 0.01%
20,697
+500
+2% +$36K
MTG icon
740
MGIC Investment
MTG
$6.21B
$1.5M 0.01%
66,917
+400
+0.6% +$7.98K
LFUS icon
741
Littelfuse
LFUS
$11.6B
$1.49M 0.01%
6,153
+200
+3% +$48.1K
STWD icon
742
Starwood Property Trust
STWD
$6.16B
$1.49M 0.01%
73,100
+1,700
+2% +$34.4K
AA icon
743
Alcoa
AA
$13.6B
$1.48M 0.01%
43,875
+1,100
+3% +$32.2K
FLS icon
744
Flowserve
FLS
$10.1B
$1.47M 0.01%
32,268
+800
+3% +$33.7K
OPCH icon
745
Option Care Health
OPCH
$3.67B
$1.46M 0.01%
43,459
+1,000
+2% +$32.4K
DTM icon
746
DT Midstream
DTM
$13.7B
$1.46M 0.01%
23,855
+600
+3% +$33.4K
RLI icon
747
RLI Corp
RLI
$5.83B
$1.46M 0.01%
19,632
+400
+2% +$28.5K
GAP
748
The Gap Inc
GAP
$7.74B
$1.46M 0.01%
52,830
+1,400
+3% +$29.5K
SNV
749
DELISTED
Synovus
SNV
$1.44M 0.01%
35,904
+800
+2% +$30.1K
WTS icon
750
Watts Water Technologies
WTS
$12.8B
$1.42M 0.01%
6,695
+100
+2% +$20.3K
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
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.