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
+1.57%
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
$11B
AUM Growth
-$14.5M
Cap. Flow
-$89.9M
Cap. Flow %
-0.81%
Top 10 Hldgs %
21.24%
Holding
972
New
24
Increased
350
Reduced
511
Closed
28

Top Buys

Rank Stock Value
1
EXC icon
Exelon
EXC
+$70.7M
2
WEX icon
WEX
WEX
+$24.7M
3
KEYS icon
Keysight
KEYS
+$22.2M
4
TCPC icon
BlackRock TCP Capital
TCPC
+$21M
5
GPN icon
Global Payments
GPN
+$15.7M

Top Sells

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$126M
2
AGNC icon
AGNC Investment
AGNC
+$55.8M
3
RHT
Red Hat Inc
RHT
+$36.5M
4
RITM icon
Rithm Capital
RITM
+$26.2M
5
SSNC icon
SS&C Technologies
SSNC
+$25.1M

Sector Composition

Rank Sector Weight
1 Technology 17.65%
2 Financials 14.13%
3 Healthcare 12.59%
4 Real Estate 11.88%
5 Industrials 10.04%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UMPQ
751
DELISTED
Umpqua Holdings Corp
UMPQ
$1.05M 0.01%
63,900
-1,400
-2% -$23K
VLY icon
752
Valley National Bancorp
VLY
$8.04B
$1.05M 0.01%
96,314
-1,900
-2% -$20.3K
PRSP
753
DELISTED
Perspecta Inc. Common Stock
PRSP
$1.04M 0.01%
40,000
-1,400
-3% -$34.3K
JHG
754
DELISTED
Janus Henderson
JHG
$1.04M 0.01%
46,137
-2,400
-5% -$49.9K
RGEN icon
755
Repligen
RGEN
$9.25B
$1.03M 0.01%
+13,500
New +$1.18M
SGI
756
Somnigroup International
SGI
$13.7B
$1.03M 0.01%
53,600
-800
-1% -$15.3K
LIVN icon
757
LivaNova
LIVN
$4.2B
$1.03M 0.01%
14,000
-300
-2% -$23.1K
NGVT icon
758
Ingevity
NGVT
$2.68B
$1.03M 0.01%
12,100
-300
-2% -$26.7K
TDC icon
759
Teradata
TDC
$2.55B
$1.03M 0.01%
33,100
-1,600
-5% -$54K
WRI
760
DELISTED
Weingarten Realty Investors
WRI
$1.02M 0.01%
35,100
-300
-0.8% -$8.28K
LOGM
761
DELISTED
LogMein, Inc.
LOGM
$1.01M 0.01%
14,302
-400
-3% -$28.7K
AMG icon
762
Affiliated Managers Group
AMG
$9.76B
$1.01M 0.01%
12,156
-100
-0.8% -$8.36K
BOH icon
763
Bank of Hawaii
BOH
$3.13B
$1.01M 0.01%
11,790
-300
-2% -$24.9K
UTHR icon
764
United Therapeutics
UTHR
$23.1B
$1.01M 0.01%
12,700
-300
-2% -$24.2K
WBD icon
765
Warner Bros
WBD
$67.1B
$1.01M 0.01%
37,949
+200
+0.5% +$5.81K
HWC icon
766
Hancock Whitney
HWC
$6.24B
$1.01M 0.01%
26,300
+900
+4% +$34.2K
KBR icon
767
KBR
KBR
$4.8B
$1.01M 0.01%
41,042
-800
-2% -$20.3K
TXRH icon
768
Texas Roadhouse
TXRH
$13.7B
$998K 0.01%
19,000
-800
-4% -$42.5K
NVT icon
769
nVent Electric
NVT
$26.7B
$994K 0.01%
45,102
-1,900
-4% -$42.7K
NEU icon
770
NewMarket
NEU
$8.18B
$991K 0.01%
2,100
-500
-19% -$223K
MUR icon
771
Murphy Oil
MUR
$4.78B
$988K 0.01%
44,700
-3,600
-7% -$77.4K
SAM icon
772
Boston Beer
SAM
$1.92B
$983K 0.01%
2,700
+100
+4% +$39.3K
WWE
773
DELISTED
World Wrestling Entertainment
WWE
$982K 0.01%
13,800
+900
+7% +$64.5K
AXON
774
Axon Enterprise
AXON
$46.4B
$977K 0.01%
17,200
-200
-1% -$12.6K
TGNA
775
DELISTED
TEGNA Inc
TGNA
$977K 0.01%
62,900
-1,100
-2% -$16.6K
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 2019 Portfolio in Review

As of Q3 2019, State of Michigan Retirement System held 972 positions worth $11B, down 0.13% from $11.1B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

State of Michigan Retirement System's Q3 2019 filing shows 24 new, 350 increased, 511 reduced and 28 closed positions. Its largest new stake was Athene Holding Ltd. Class A Common Shares: 350,000 shares worth $14.7M. The largest sale was Annaly Capital Management, an estimated $126M.

By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q3 2019 buy was Athene Holding Ltd. Class A Common Shares: 350,000 shares worth $14.7M.
  • State of Michigan Retirement System added most to Exelon in Q3 2019, an estimated $70.7M increase.
  • State of Michigan Retirement System's biggest Q3 2019 reduction was Annaly Capital Management, cutting an estimated $126M.
  • State of Michigan Retirement System fully exited Red Hat Inc in Q3 2019, selling an estimated $36.5M.
  • State of Michigan Retirement System's ten largest holdings make up 21% of its $11B portfolio in Q3 2019.
  • State of Michigan Retirement System opened 24 new positions and closed 28 in Q3 2019.
  • State of Michigan Retirement System's portfolio value fell 0.13% quarter-over-quarter to $11B.

Based on State of Michigan Retirement System's 13F filing for Q3 2019, filed 22 Oct 2019.