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
+7.98%
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
$13.7B
AUM Growth
+$1.01B
Cap. Flow
+$122M
Cap. Flow %
0.89%
Top 10 Hldgs %
24.11%
Holding
956
New
20
Increased
569
Reduced
273
Closed
16

Top Buys

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$289M
2
EG icon
Everest Group
EG
+$179M
3
AGNC icon
AGNC Investment
AGNC
+$75.2M
4
TWO
Two Harbors Investment
TWO
+$49.4M
5
RITM icon
Rithm Capital
RITM
+$44.2M

Top Sells

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$134M
2
GILD icon
Gilead Sciences
GILD
+$133M
3
CVS icon
CVS Health
CVS
+$86.3M
4
XYZ
Block Inc
XYZ
+$74.9M
5
JPM icon
JPMorgan Chase
JPM
+$73.9M

Sector Composition

Rank Sector Weight
1 Technology 16.52%
2 Financials 15.53%
3 Healthcare 14.69%
4 Real Estate 10.27%
5 Consumer Discretionary 9.1%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EFOI icon
826
Energy Focus
EFOI
$20.3M
$1.12M 0.01%
15,580
– –
HCSG icon
827
Healthcare Services Group
HCSG
$1.53B
$1.11M 0.01%
27,300
+100
+0.4% +$4.15K
SWN
828
DELISTED
Southwestern Energy Company
SWN
$1.11M 0.01%
216,800
+28,800
+15% +$153K
OI icon
829
O-I Glass
OI
$1.08B
$1.11M 0.01%
58,900
-700
-1% -$12.6K
UA icon
830
Under Armour Class C
UA
$2.53B
$1.1M 0.01%
56,799
+1,000
+2% +$19.3K
KBR icon
831
KBR
KBR
$4.8B
$1.1M 0.01%
52,042
+200
+0.4% +$3.98K
NWE icon
832
NorthWestern Energy
NWE
$4.43B
$1.09M 0.01%
18,600
+400
+2% +$23.7K
CADE
833
DELISTED
Cadence Bank
CADE
$1.09M 0.01%
33,200
+3,000
+10% +$102K
FULT icon
834
Fulton Financial
FULT
$4.64B
$1.08M 0.01%
65,100
+400
+0.6% +$7K
MZTI
835
The Marzetti Company
MZTI
$3.11B
$1.08M 0.01%
7,220
– –
BDC icon
836
Belden
BDC
$5.19B
$1.07M 0.01%
15,000
– –
CVSA
837
Covista Inc
CVSA
$4.8B
$1.07M 0.01%
22,200
– –
CXW icon
838
CoreCivic
CXW
$3.19B
$1.07M 0.01%
43,812
+100
+0.2% +$2.5K
TDS icon
839
Telephone and Data Systems
TDS
$3.75B
$1.04M 0.01%
34,036
-200
-0.6% -$5.71K
CRS icon
840
Carpenter Technology
CRS
$28.4B
$1.03M 0.01%
17,500
+200
+1% +$11.5K
IDCC icon
841
InterDigital
IDCC
$8.89B
$1.03M 0.01%
12,900
+100
+0.8% +$8.2K
WW
842
DELISTED
WW International
WW
$1.03M 0.01%
+14,300
New +$1.16M
DLPH
843
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
$1.03M 0.01%
32,800
+100
+0.3% +$3.96K
WLY icon
844
John Wiley & Sons Class A
WLY
$2.66B
$1.02M 0.01%
16,800
+300
+2% +$18.7K
HIVE
845
DELISTED
Aerohive Networks
HIVE
$1.02M 0.01%
+247,048
New +$1.03M
VC icon
846
Visteon
VC
$2.78B
$1.01M 0.01%
+10,900
New +$1.26M
TECD
847
DELISTED
Tech Data Corp
TECD
$1.01M 0.01%
14,150
+1,300
+10% +$105K
BYD icon
848
Boyd Gaming
BYD
$6.06B
$1.01M 0.01%
29,900
-400
-1% -$14.3K
CPE
849
DELISTED
Callon Petroleum Company
CPE
$1.01M 0.01%
8,420
+160
+2% +$17.9K
DLX icon
850
Deluxe
DLX
$1.15B
$1.01M 0.01%
17,662
– –
32 33
34
35 36

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 2018 Portfolio in Review

As of Q3 2018, State of Michigan Retirement System held 956 positions worth $13.7B, up 8% from $12.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q3 2018: portfolio turnover was 3.8%. State of Michigan Retirement System opened 20 new positions and exited 16, leaving the 956-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q3 2018 buy was Annaly Capital Management: 6,895,569 shares worth $282M.
  • State of Michigan Retirement System added most to Everest Group in Q3 2018, an estimated $179M increase.
  • State of Michigan Retirement System's biggest Q3 2018 reduction was Wells Fargo, cutting an estimated $134M.
  • State of Michigan Retirement System fully exited MTGE Investment Corp. Common Stock in Q3 2018, selling an estimated $43.1M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.7B portfolio in Q3 2018.
  • State of Michigan Retirement System opened 20 new positions and closed 16 in Q3 2018.
  • State of Michigan Retirement System's portfolio value rose 8% quarter-over-quarter to $13.7B.

Based on State of Michigan Retirement System's 13F filing for Q3 2018, filed 26 Oct 2018.