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
+7.59%
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
$15.8B
AUM Growth
+$1.16B
Cap. Flow
+$291M
Cap. Flow %
1.84%
Top 10 Hldgs %
23.66%
Holding
992
New
29
Increased
471
Reduced
331
Closed
17

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$126M
2
BMY icon
Bristol-Myers Squibb
BMY
+$99.7M
3
VZ icon
Verizon
VZ
+$97.5M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$77.6M
5
VST icon
Vistra
VST
+$59.6M

Top Sells

Rank Stock Value
1
PINS icon
Pinterest
PINS
+$83.5M
2
SYK icon
Stryker
SYK
+$45.7M
3
USB icon
US Bancorp
USB
+$43.5M
4
DG icon
Dollar General
DG
+$31.8M
5
V icon
Visa
V
+$31.5M

Sector Composition

Rank Sector Weight
1 Technology 21.72%
2 Healthcare 13.72%
3 Financials 12.03%
4 Consumer Discretionary 9.97%
5 Communication Services 9.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UMBF icon
826
UMB Financial
UMBF
$11.1B
$1.49M 0.01%
16,098
+300
+2% +$24.8K
HRB icon
827
H&R Block
HRB
$5.82B
$1.48M 0.01%
67,900
+1,100
+2% +$20.8K
PRSP
828
DELISTED
Perspecta Inc. Common Stock
PRSP
$1.47M 0.01%
50,753
+900
+2% +$25.4K
MRCY icon
829
Mercury Systems
MRCY
$6.52B
$1.47M 0.01%
20,835
+400
+2% +$28.9K
TMHC
830
DELISTED
Taylor Morrison
TMHC
$1.47M 0.01%
47,679
+300
+0.6% +$8.43K
BCO icon
831
Brink's
BCO
$4.55B
$1.46M 0.01%
18,361
+400
+2% +$30.2K
SWX icon
832
Southwest Gas
SWX
$6.56B
$1.45M 0.01%
21,145
+400
+2% +$25.3K
CRI icon
833
Carter's
CRI
$1.48B
$1.45M 0.01%
16,293
+400
+3% +$37K
PRGO icon
834
Perrigo
PRGO
$1.75B
$1.44M 0.01%
35,451
-900
-2% -$38.6K
ENS icon
835
EnerSys
ENS
$6.79B
$1.43M 0.01%
15,798
+300
+2% +$27.5K
UMPQ
836
DELISTED
Umpqua Holdings Corp
UMPQ
$1.43M 0.01%
81,655
+1,400
+2% +$23.7K
BHF icon
837
Brighthouse Financial
BHF
$3.46B
$1.43M 0.01%
32,365
-200
-0.6% -$8.22K
UNM icon
838
Unum
UNM
$14.5B
$1.42M 0.01%
51,160
-100
-0.2% -$2.6K
NJR icon
839
New Jersey Resources
NJR
$5.45B
$1.42M 0.01%
35,649
+600
+2% +$22.9K
SR icon
840
Spire
SR
$4.79B
$1.42M 0.01%
19,156
+300
+2% +$20K
WING icon
841
Wingstop
WING
$3.2B
$1.4M 0.01%
11,000
+200
+2% +$28.1K
CAR icon
842
Avis
CAR
$4.9B
$1.39M 0.01%
19,124
+300
+2% +$15.5K
DOC
843
DELISTED
PHYSICIANS REALTY TRUST
DOC
$1.38M 0.01%
77,967
+2,100
+3% +$37.3K
CMC icon
844
Commercial Metals
CMC
$8.1B
$1.37M 0.01%
44,438
+700
+2% +$17.3K
MUSA icon
845
Murphy USA
MUSA
$10.2B
$1.36M 0.01%
9,387
-300
-3% -$38.8K
SBRA icon
846
Sabra Healthcare REIT
SBRA
$5.28B
$1.35M 0.01%
78,024
+2,600
+3% +$45.7K
UNVR
847
DELISTED
Univar Solutions Inc.
UNVR
$1.35M 0.01%
62,700
+1,100
+2% +$22.5K
NKTR icon
848
Nektar Therapeutics
NKTR
$2.53B
$1.35M 0.01%
4,498
+140
+3% +$43.6K
HWC icon
849
Hancock Whitney
HWC
$6.23B
$1.35M 0.01%
32,086
+600
+2% +$23.6K
WEN icon
850
Wendy's
WEN
$1.39B
$1.34M 0.01%
66,368
+1,100
+2% +$22.8K
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
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 Q1 2021 Portfolio in Review

As of Q1 2021, State of Michigan Retirement System held 992 positions worth $15.8B, up 7.9% from $14.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q1 2021: portfolio turnover was 4.6%. State of Michigan Retirement System opened 29 new positions and exited 17, leaving the 992-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q1 2021 buy was DraftKings: 245,000 shares worth $15M.
  • State of Michigan Retirement System added most to AT&T in Q1 2021, an estimated $126M increase.
  • State of Michigan Retirement System's biggest Q1 2021 reduction was Stryker, cutting an estimated $45.7M.
  • State of Michigan Retirement System fully exited Pinterest in Q1 2021, selling an estimated $83.5M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $15.8B portfolio in Q1 2021.
  • State of Michigan Retirement System opened 29 new positions and closed 17 in Q1 2021.
  • State of Michigan Retirement System's portfolio value rose 7.9% quarter-over-quarter to $15.8B.

Based on State of Michigan Retirement System's 13F filing for Q1 2021, filed 3 May 2021.