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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CMP icon
801
Compass Minerals
CMP
$1.15B
$1M 0.01%
13,300
-2,000
-13% -$163K
ACIW icon
802
ACI Worldwide
ACIW
$5.42B
$1M 0.01%
46,750
-6,800
-13% -$157K
LIVN icon
803
LivaNova
LIVN
$4.2B
$997K 0.01%
+16,800
New +$1.02M
CLC
804
DELISTED
Clarcor
CLC
$979K 0.01%
19,700
-3,200
-14% -$160K
WNR
805
DELISTED
Western Refining Inc
WNR
$976K 0.01%
27,400
-4,800
-15% -$205K
MOH icon
806
Molina Healthcare
MOH
$10.3B
$974K 0.01%
16,200
-2,400
-13% -$151K
CTLT
807
DELISTED
CATALENT, INC.
CTLT
$974K 0.01%
38,900
-5,800
-13% -$153K
TDS icon
808
Telephone and Data Systems
TDS
$3.75B
$967K 0.01%
37,336
-5,900
-14% -$161K
KBR icon
809
KBR
KBR
$4.8B
$965K 0.01%
57,042
-8,700
-13% -$160K
VMI icon
810
Valmont Industries
VMI
$9.53B
$965K 0.01%
9,100
-1,400
-13% -$152K
TXNM
811
TXNM Energy Inc
TXNM
$5.94B
$964K 0.01%
31,534
-4,800
-13% -$138K
ROL icon
812
Rollins
ROL
$18.2B
$962K 0.01%
83,563
-13,050
-14% -$156K
CVG
813
DELISTED
Convergys
CVG
$961K 0.01%
38,600
-6,200
-14% -$156K
OI icon
814
O-I Glass
OI
$1.08B
$958K 0.01%
55,018
-3,000
-5% -$60.5K
NBR icon
815
Nabors Industries
NBR
$1.21B
$954K 0.01%
2,241
-416
-16% -$204K
ESL
816
DELISTED
Esterline Technologies
ESL
$948K 0.01%
11,700
-2,300
-16% -$188K
TCF
817
DELISTED
TCF Financial Corporation
TCF
$947K 0.01%
67,060
-9,900
-13% -$149K
MUSA icon
818
Murphy USA
MUSA
$9.61B
$943K 0.01%
15,525
-3,000
-16% -$179K
RGLD icon
819
Royal Gold
RGLD
$19.5B
$941K 0.01%
25,800
-3,900
-13% -$163K
WDR
820
DELISTED
Waddell & Reed Financial, Inc.
WDR
$940K 0.01%
32,800
-5,400
-14% -$185K
BKH icon
821
Black Hills Corp
BKH
$5.69B
$937K 0.01%
20,190
-200
-1% -$8.79K
SWN
822
DELISTED
Southwestern Energy Company
SWN
$935K 0.01%
131,491
-7,300
-5% -$71.5K
CATY icon
823
Cathay General Bancorp
CATY
$4.24B
$934K 0.01%
29,800
-5,000
-14% -$160K
CXT icon
824
Crane NXT
CXT
$3.07B
$934K 0.01%
56,233
-8,349
-13% -$145K
WEN icon
825
Wendy's
WEN
$1.46B
$932K 0.01%
86,543
-17,500
-17% -$172K
31 32
33
34 35

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 Q4 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.