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
-5.11%
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
$13.6B
AUM Growth
-$980M
Cap. Flow
-$85M
Cap. Flow %
-0.62%
Top 10 Hldgs %
33.68%
Holding
987
New
17
Increased
290
Reduced
538
Closed
21

Top Buys

Rank Stock Value
1
VZ icon
Verizon
VZ
+$154M
2
OMF icon
OneMain Financial
OMF
+$45.6M
3
PAYC icon
Paycom
PAYC
+$30.7M
4
V icon
Visa
V
+$21.6M
5
EXAS
Exact Sciences
EXAS
+$15.5M

Top Sells

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$87.6M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$59.3M
3
APO icon
Apollo Global Management
APO
+$50.3M
4
NFLX icon
Netflix
NFLX
+$44.3M
5
T icon
AT&T
T
+$30.4M

Sector Composition

Rank Sector Weight
1 Technology 20.64%
2 Healthcare 11.9%
3 Financials 11.47%
4 Communication Services 9.87%
5 Consumer Discretionary 8.85%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GXO icon
751
GXO Logistics
GXO
$5.4B
$1.05M 0.01%
29,927
+4,000
+15% +$177K
SGI
752
Somnigroup International
SGI
$13.6B
$1.05M 0.01%
43,438
-1,200
-3% -$31.1K
CXT icon
753
Crane NXT
CXT
$2.96B
$1.05M 0.01%
34,467
-288
-0.8% -$9.5K
RLI icon
754
RLI Corp
RLI
$5.83B
$1.05M 0.01%
20,432
+200
+1% +$11.2K
NOVT icon
755
Novanta
NOVT
$6.2B
$1.04M 0.01%
+9,000
New +$1.23M
OLED icon
756
Universal Display
OLED
$4.16B
$1.03M 0.01%
10,905
-100
-0.9% -$11.1K
FNB icon
757
FNB Corp
FNB
$6.75B
$1.03M 0.01%
88,451
+2,600
+3% +$30.8K
EXP icon
758
Eagle Materials
EXP
$6.47B
$1.02M 0.01%
9,529
-500
-5% -$59.9K
LNW
759
DELISTED
Light & Wonder
LNW
$1.02M 0.01%
23,799
-500
-2% -$24.7K
MSA icon
760
Mine Safety
MSA
$7.45B
$1.01M 0.01%
9,255
– –
VNO icon
761
Vornado Realty Trust
VNO
$7.26B
$1.01M 0.01%
43,610
+800
+2% +$22.3K
FLG
762
Flagstar Bank National Association
FLG
$5.84B
$1M 0.01%
39,181
-400
-1% -$11.7K
CHX
763
DELISTED
ChampionX
CHX
$1M 0.01%
51,195
-500
-1% -$10.3K
AN icon
764
AutoNation
AN
$6.88B
$993K 0.01%
9,748
+700
+8% +$82.1K
SYNA icon
765
Synaptics
SYNA
$4.09B
$993K 0.01%
10,033
– –
TKR icon
766
Timken Company
TKR
$8.77B
$993K 0.01%
16,823
-300
-2% -$18.6K
HWC icon
767
Hancock Whitney
HWC
$6.23B
$991K 0.01%
21,640
-300
-1% -$14.4K
MEDP icon
768
Medpace
MEDP
$16.8B
$990K 0.01%
6,299
-500
-7% -$79.8K
TXNM
769
TXNM Energy Inc
TXNM
$5.91B
$987K 0.01%
21,589
-200
-0.9% -$9.52K
RL icon
770
Ralph Lauren
RL
$24.2B
$983K 0.01%
11,580
-800
-6% -$75.4K
MTG icon
771
MGIC Investment
MTG
$6.21B
$981K 0.01%
76,517
-2,200
-3% -$30.8K
POR icon
772
Portland General Electric
POR
$5.66B
$978K 0.01%
22,500
-100
-0.4% -$5.11K
SRCL
773
DELISTED
Stericycle Inc
SRCL
$978K 0.01%
23,219
-200
-0.9% -$9.63K
R icon
774
Ryder
R
$9.98B
$976K 0.01%
12,930
-100
-0.8% -$7.61K
OMCL icon
775
Omnicell
OMCL
$1.7B
$975K 0.01%
+11,200
New +$1.18M
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
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 Q3 2022 Portfolio in Review

As of Q3 2022, State of Michigan Retirement System held 987 positions worth $13.6B, down 6.7% from $14.6B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Trading was light in Q3 2022: portfolio turnover was 3.9%. State of Michigan Retirement System opened 17 new positions and exited 21, leaving the 987-position portfolio largely intact.

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

  • State of Michigan Retirement System's largest Q3 2022 buy was CoStar Group: 107,200 shares worth $7.47M.
  • State of Michigan Retirement System added most to Verizon in Q3 2022, an estimated $154M increase.
  • State of Michigan Retirement System's biggest Q3 2022 reduction was Meta Platforms (Facebook), cutting an estimated $87.6M.
  • State of Michigan Retirement System fully exited Nuvei Corporation Subordinate Voting Shares in Q3 2022, selling an estimated $7.73M.
  • State of Michigan Retirement System's ten largest holdings make up 34% of its $13.6B portfolio in Q3 2022.
  • State of Michigan Retirement System opened 17 new positions and closed 21 in Q3 2022.
  • State of Michigan Retirement System's portfolio value fell 6.7% quarter-over-quarter to $13.6B.

Based on State of Michigan Retirement System's 13F filing for Q3 2022, filed 24 Oct 2022.