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
+13.65%
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
$12.5B
AUM Growth
+$1.31B
Cap. Flow
-$79.1M
Cap. Flow %
-0.63%
Top 10 Hldgs %
22.44%
Holding
968
New
24
Increased
369
Reduced
350
Closed
18

Top Buys

Rank Stock Value
1
RITM icon
Rithm Capital
RITM
+$49.4M
2
SPNT icon
SiriusPoint
SPNT
+$44.7M
3
CVS icon
CVS Health
CVS
+$30.5M
4
ORCL icon
Oracle
ORCL
+$30.2M
5
SYK icon
Stryker
SYK
+$28.9M

Top Sells

Rank Stock Value
1
EXC icon
Exelon
EXC
+$82.5M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$70.3M
3
GILD icon
Gilead Sciences
GILD
+$63.7M
4
MCK icon
McKesson
MCK
+$32.8M
5
COR icon
Cencora
COR
+$31.4M

Sector Composition

Rank Sector Weight
1 Technology 16.88%
2 Financials 14.51%
3 Real Estate 12.52%
4 Healthcare 12.42%
5 Industrials 9.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DKS icon
826
Dick's Sporting Goods
DKS
$18.7B
$968K 0.01%
26,300
– –
KBR icon
827
KBR
KBR
$4.8B
$959K 0.01%
50,242
– –
CVSA
828
Covista Inc
CVSA
$4.8B
$954K 0.01%
20,600
-300
-1% -$14.4K
SFM icon
829
Sprouts Farmers Market
SFM
$8.01B
$952K 0.01%
44,200
-1,300
-3% -$30.5K
TREE icon
830
LendingTree
TREE
$451M
$949K 0.01%
2,700
– –
SGI
831
Somnigroup International
SGI
$13.7B
$946K 0.01%
65,600
+400
+0.6% +$5.41K
NUS icon
832
Nu Skin
NUS
$267M
$943K 0.01%
19,700
-100
-0.5% -$6.06K
FULT icon
833
Fulton Financial
FULT
$4.64B
$938K 0.01%
60,600
-2,200
-4% -$35.9K
YELP icon
834
Yelp
YELP
$1.41B
$928K 0.01%
26,900
-300
-1% -$10.8K
CNO icon
835
CNO Financial Group
CNO
$5.1B
$927K 0.01%
57,300
-1,400
-2% -$23.7K
CATY icon
836
Cathay General Bancorp
CATY
$4.24B
$926K 0.01%
27,300
-200
-0.7% -$7.35K
ACHC icon
837
Acadia Healthcare
ACHC
$2.94B
$923K 0.01%
31,500
– –
SAFM
838
DELISTED
Sanderson Farms Inc
SAFM
$923K 0.01%
7,000
-200
-3% -$24K
LGND icon
839
Ligand Pharmaceuticals
LGND
$6.36B
$918K 0.01%
11,702
-481
-4% -$36.4K
MUSA icon
840
Murphy USA
MUSA
$9.61B
$918K 0.01%
10,725
– –
PCH
841
DELISTED
PotlatchDeltic
PCH
$915K 0.01%
24,211
+100
+0.4% +$3.57K
SAM icon
842
Boston Beer
SAM
$1.92B
$914K 0.01%
3,100
– –
CADE
843
DELISTED
Cadence Bank
CADE
$912K 0.01%
32,300
– –
DAN icon
844
Dana Inc
DAN
$3.06B
$907K 0.01%
51,100
-500
-1% -$8.87K
AMCX icon
845
AMC Global Media
AMCX
$489M
$905K 0.01%
15,950
-100
-0.6% -$6.14K
SWN
846
DELISTED
Southwestern Energy Company
SWN
$905K 0.01%
193,000
-14,200
-7% -$61.4K
NAVI icon
847
Navient
NAVI
$853M
$898K 0.01%
77,600
-4,200
-5% -$48.1K
CRUS icon
848
Cirrus Logic
CRUS
$6.26B
$888K 0.01%
21,100
-200
-0.9% -$7.72K
CVLT icon
849
Commault Systems
CVLT
$5.61B
$887K 0.01%
13,700
-200
-1% -$12.9K
CBT icon
850
Cabot Corp
CBT
$4.52B
$882K 0.01%
21,180
-200
-0.9% -$9K
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 Q1 2019 Portfolio in Review

As of Q1 2019, State of Michigan Retirement System held 968 positions worth $12.5B, up 12% from $11.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Trading was light in Q1 2019: portfolio turnover was 4.3%. State of Michigan Retirement System opened 24 new positions and exited 18, leaving the 968-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Financials and Real Estate.

  • State of Michigan Retirement System's largest Q1 2019 buy was SiriusPoint: 4,200,000 shares worth $43.6M.
  • State of Michigan Retirement System added most to Rithm Capital in Q1 2019, an estimated $49.4M increase.
  • State of Michigan Retirement System's biggest Q1 2019 reduction was Exelon, cutting an estimated $82.5M.
  • State of Michigan Retirement System fully exited Burlington in Q1 2019, selling an estimated $31.2M.
  • State of Michigan Retirement System's ten largest holdings make up 22% of its $12.5B portfolio in Q1 2019.
  • State of Michigan Retirement System opened 24 new positions and closed 18 in Q1 2019.
  • State of Michigan Retirement System's portfolio value rose 12% quarter-over-quarter to $12.5B.

Based on State of Michigan Retirement System's 13F filing for Q1 2019, filed 6 May 2019.