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
+9.85%
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
$20.8B
AUM Growth
+$1.49B
Cap. Flow
-$10.1M
Cap. Flow %
-0.05%
Top 10 Hldgs %
37.6%
Holding
964
New
20
Increased
152
Reduced
703
Closed
20

Top Buys

Rank Stock Value
1
HIMS icon
Hims & Hers Health
HIMS
+$34.8M
2
APP icon
Applovin
APP
+$33.8M
3
OSCR icon
Oscar Health
OSCR
+$23.9M
4
HOOD icon
Robinhood
HOOD
+$22.8M
5
KR icon
Kroger
KR
+$20.7M

Top Sells

Rank Stock Value
1
BIIB icon
Biogen
BIIB
+$33.5M
2
GEHC icon
GE HealthCare
GEHC
+$29.2M
3
BURL icon
Burlington
BURL
+$28.6M
4
VZ icon
Verizon
VZ
+$21.9M
5
ARM icon
Arm
ARM
+$20.7M

Sector Composition

Rank Sector Weight
1 Technology 32.79%
2 Financials 11.65%
3 Communication Services 10.3%
4 Consumer Discretionary 9.76%
5 Healthcare 8.41%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
G icon
726
Genpact
G
$5.64B
$1.62M 0.01%
38,584
-100
-0.3% -$4.4K
CART icon
727
Maplebear
CART
$11.3B
$1.61M 0.01%
43,900
+4,400
+11% +$203K
HRB icon
728
H&R Block
HRB
$6.78B
$1.61M 0.01%
31,868
-300
-0.9% -$15.9K
AMG icon
729
Affiliated Managers Group
AMG
$9.62B
$1.6M 0.01%
6,719
-100
-1% -$22K
STWD icon
730
Starwood Property Trust
STWD
$6.13B
$1.59M 0.01%
82,200
+4,700
+6% +$94.6K
AGCO icon
731
AGCO
AGCO
$7.07B
$1.58M 0.01%
14,758
-100
-0.7% -$11K
PSKY
732
Paramount Skydance Corp
PSKY
$10.5B
$1.58M 0.01%
+83,512
New +$1.32M
CHE icon
733
Chemed
CHE
$6.99B
$1.57M 0.01%
3,509
– –
STAG icon
734
STAG Industrial
STAG
$7.09B
$1.57M 0.01%
44,500
-400
-0.9% -$14.3K
CYTK icon
735
Cytokinetics
CYTK
$10.6B
$1.57M 0.01%
28,500
-200
-0.7% -$8.24K
FAF icon
736
First American
FAF
$7.35B
$1.56M 0.01%
24,264
-500
-2% -$31.5K
MTG icon
737
MGIC Investment
MTG
$6.27B
$1.56M 0.01%
54,917
-2,200
-4% -$60K
VNO icon
738
Vornado Realty Trust
VNO
$7.25B
$1.56M 0.01%
38,400
-1,800
-4% -$70.1K
TMHC
739
DELISTED
Taylor Morrison
TMHC
$1.55M 0.01%
23,495
-600
-2% -$39.5K
AM icon
740
Antero Midstream
AM
$10.6B
$1.55M 0.01%
79,725
-900
-1% -$16.3K
THG icon
741
Hanover Insurance
THG
$7.78B
$1.55M 0.01%
8,532
-100
-1% -$17.1K
ROIV icon
742
Roivant Sciences
ROIV
$26.2B
$1.55M 0.01%
102,400
+1,200
+1% +$14.9K
CHDN icon
743
Churchill Downs
CHDN
$6.15B
$1.54M 0.01%
15,880
-1,500
-9% -$154K
GMED icon
744
Globus Medical
GMED
$11.3B
$1.54M 0.01%
26,861
-300
-1% -$17.3K
VNOM icon
745
Viper Energy
VNOM
$15.3B
$1.54M 0.01%
40,200
+8,700
+28% +$331K
CRUS icon
746
Cirrus Logic
CRUS
$6.12B
$1.53M 0.01%
12,241
-500
-4% -$55.7K
KNX icon
747
Knight Transportation
KNX
$11.6B
$1.53M 0.01%
38,627
-300
-0.8% -$13K
CMC icon
748
Commercial Metals
CMC
$7.99B
$1.53M 0.01%
26,637
-500
-2% -$27.6K
FBIN icon
749
Fortune Brands Innovations
FBIN
$5.78B
$1.52M 0.01%
28,542
-400
-1% -$22.6K
NEU icon
750
NewMarket
NEU
$8.45B
$1.52M 0.01%
1,837
– –
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
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return
OAG
Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return
Jacobs Levy Equity Management
Jacobs Levy Equity Management Florham Park, New Jersey $23.8B AUM 25.4% 1-Year Est. Return

State of Michigan Retirement System's Q3 2025 Portfolio in Review

As of Q3 2025, State of Michigan Retirement System held 964 positions worth $20.8B, up 7.7% from $19.3B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Trading was light in Q3 2025: portfolio turnover was 4.1%. State of Michigan Retirement System opened 20 new positions and exited 20, leaving the 964-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 31% a quarter earlier, followed by Financials and Communication Services.

  • State of Michigan Retirement System's largest Q3 2025 buy was Oscar Health: 1,450,000 shares worth $27.4M.
  • State of Michigan Retirement System added most to Hims & Hers Health in Q3 2025, an estimated $34.8M increase.
  • State of Michigan Retirement System's biggest Q3 2025 reduction was Biogen, cutting an estimated $33.5M.
  • State of Michigan Retirement System fully exited Arm in Q3 2025, selling an estimated $20.7M.
  • State of Michigan Retirement System's ten largest holdings make up 38% of its $20.8B portfolio in Q3 2025.
  • State of Michigan Retirement System opened 20 new positions and closed 20 in Q3 2025.
  • State of Michigan Retirement System's portfolio value rose 7.7% quarter-over-quarter to $20.8B.

Based on State of Michigan Retirement System's 13F filing for Q3 2025, filed 5 Nov 2025.