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
-6.5%
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
-$1.46B
Cap. Flow
-$408M
Cap. Flow %
-3.16%
Top 10 Hldgs %
25.01%
Holding
989
New
34
Increased
178
Reduced
623
Closed
31

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$264M
2
UNP icon
Union Pacific
UNP
+$160M
3
PCG icon
PG&E
PCG
+$112M
4
GILD icon
Gilead Sciences
GILD
+$98.8M
5
PYPL icon
PayPal
PYPL
+$90.9M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$204M
2
USB icon
US Bancorp
USB
+$192M
3
EG icon
Everest Group
EG
+$151M
4
AZO icon
AutoZone
AZO
+$135M
5
VZ icon
Verizon
VZ
+$88.5M

Sector Composition

Rank Sector Weight
1 Financials 19.02%
2 Healthcare 14.57%
3 Technology 12.45%
4 Industrials 9.73%
5 Consumer Discretionary 9.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DNY
751
DELISTED
DONNELLEY R R & SONS CO
DNY
$1.38M 0.01%
95,000
– –
FEIC
752
DELISTED
FEI COMPANY
FEIC
$1.38M 0.01%
18,900
– –
IDTI
753
DELISTED
Integrated Device Technology I
IDTI
$1.37M 0.01%
67,620
– –
DNB
754
DELISTED
Dun & Bradstreet
DNB
$1.37M 0.01%
13,046
-900
-6% -$103K
CHK
755
DELISTED
Chesapeake Energy Corporation
CHK
$1.37M 0.01%
934
-70
-7% -$119K
CGNX icon
756
Cognex
CGNX
$11.3B
$1.36M 0.01%
79,400
– –
ITT icon
757
ITT
ITT
$19.1B
$1.36M 0.01%
40,700
+100
+0.2% +$3.71K
SYNA icon
758
Synaptics
SYNA
$4.15B
$1.36M 0.01%
+16,500
New +$1.25M
NVS icon
759
Novartis
NVS
$297B
$1.36M 0.01%
16,517
-77,004
-82% -$6.85M
CRL icon
760
Charles River Laboratories
CRL
$12.8B
$1.36M 0.01%
21,400
-200
-0.9% -$14.4K
PDCO
761
DELISTED
Patterson Companies, Inc.
PDCO
$1.36M 0.01%
31,390
-1,800
-5% -$85.9K
RAX
762
DELISTED
Rackspace Hosting Inc
RAX
$1.35M 0.01%
54,900
+900
+2% +$29K
HRC
763
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
$1.34M 0.01%
25,750
-100
-0.4% -$5.41K
FMER
764
DELISTED
FIRSTMERIT CORP
FMER
$1.33M 0.01%
75,569
– –
LSI
765
DELISTED
Life Storage, Inc.
LSI
$1.33M 0.01%
+21,150
New +$1.31M
WDR
766
DELISTED
Waddell & Reed Financial, Inc.
WDR
$1.33M 0.01%
38,200
-200
-0.5% -$8.27K
THC icon
767
Tenet Healthcare
THC
$21.1B
$1.33M 0.01%
35,940
-2,500
-7% -$129K
SF
768
Stifel
SF
$12.6B
$1.32M 0.01%
70,650
+1,125
+2% +$25.5K
WGL
769
DELISTED
Wgl Holdings
WGL
$1.31M 0.01%
22,640
– –
CY
770
DELISTED
Cypress Semiconductor
CY
$1.3M 0.01%
152,400
+1,200
+0.8% +$12.6K
JACK icon
771
Jack in the Box
JACK
$335M
$1.29M 0.01%
+16,800
New +$1.43M
OSK icon
772
Oshkosh
OSK
$9.59B
$1.29M 0.01%
35,600
– –
JCP
773
DELISTED
J.C. Penney Company, Inc.
JCP
$1.29M 0.01%
139,040
-100
-0.1% -$886
AHL
774
DELISTED
ASPEN Insurance Holding Limited
AHL
$1.29M 0.01%
27,700
-400
-1% -$19K
NATI
775
DELISTED
National Instruments Corp
NATI
$1.29M 0.01%
46,275
+200
+0.4% +$5.68K
29 30
31
32 33

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 Q3 2015 Portfolio in Review

As of Q3 2015, State of Michigan Retirement System held 989 positions worth $12.9B, down 10% from $14.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Michigan Retirement System withdrew a net $408M in Q3 2015, closing 31 positions and reducing 623 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $204M position sold in full.

By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.

Against the trend, State of Michigan Retirement System opened a new position in PayPal worth $78.8M.

  • State of Michigan Retirement System's largest Q3 2015 buy was PayPal: 2,537,386 shares worth $78.8M.
  • State of Michigan Retirement System added most to State Street SPDR S&P 500 ETF Trust in Q3 2015, an estimated $264M increase.
  • State of Michigan Retirement System's biggest Q3 2015 reduction was US Bancorp, cutting an estimated $192M.
  • State of Michigan Retirement System fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $204M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.9B portfolio in Q3 2015.
  • State of Michigan Retirement System opened 34 new positions and closed 31 in Q3 2015.
  • State of Michigan Retirement System's portfolio value fell 10% quarter-over-quarter to $12.9B.

Based on State of Michigan Retirement System's 13F filing for Q3 2015, filed 30 Oct 2015.