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
+3.91%
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
$12.7B
AUM Growth
-$93.8M
Cap. Flow
-$464M
Cap. Flow %
-3.66%
Top 10 Hldgs %
23.31%
Holding
990
New
23
Increased
560
Reduced
296
Closed
25

Top Buys

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$118M
2
VZ icon
Verizon
VZ
+$87.7M
3
CVS icon
CVS Health
CVS
+$75.8M
4
GILD icon
Gilead Sciences
GILD
+$30.6M
5
TWX
Time Warner Inc
TWX
+$25.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$248M
2
WFC icon
Wells Fargo
WFC
+$134M
3
TSLA icon
Tesla
TSLA
+$72.1M
4
MSFT icon
Microsoft
MSFT
+$53.6M
5
AAPL icon
Apple
AAPL
+$48.9M

Sector Composition

Rank Sector Weight
1 Financials 19.25%
2 Technology 15.25%
3 Healthcare 14.33%
4 Communication Services 10.83%
5 Industrials 8.84%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WEN icon
876
Wendy's
WEN
$1.46B
$886K 0.01%
82,043
-3,500
-4% -$35.3K
CVLT icon
877
Commault Systems
CVLT
$5.61B
$882K 0.01%
16,600
+100
+0.6% +$5.03K
KATE
878
DELISTED
Kate Spade & Company
KATE
$882K 0.01%
51,500
+100
+0.2% +$1.94K
ACH
879
Accendra Health
ACH
$214M
$872K 0.01%
25,100
-100
-0.4% -$3.5K
KBR icon
880
KBR
KBR
$4.8B
$868K 0.01%
57,342
+200
+0.4% +$2.94K
BIG
881
DELISTED
Big Lots, Inc.
BIG
$855K 0.01%
17,900
+100
+0.6% +$5.12K
WOR icon
882
Worthington Enterprises
WOR
$2.86B
$854K 0.01%
28,836
-487
-2% -$13K
WNR
883
DELISTED
Western Refining Inc
WNR
$844K 0.01%
31,900
-200
-0.6% -$4.73K
INVX
884
Innovex International
INVX
$1.97B
$842K 0.01%
15,100
-100
-0.7% -$5.58K
SLGN icon
885
Silgan Holdings
SLGN
$4.41B
$836K 0.01%
33,062
+600
+2% +$15K
RAMP icon
886
LiveRamp
RAMP
$2.3B
$831K 0.01%
31,200
+100
+0.3% +$2.47K
SYNA icon
887
Synaptics
SYNA
$4.15B
$820K 0.01%
14,000
-800
-5% -$44K
UNFI icon
888
United Natural Foods
UNFI
$2.85B
$813K 0.01%
20,300
+100
+0.5% +$4.59K
JNS
889
DELISTED
Janus Capital Group Inc
JNS
$807K 0.01%
57,600
-900
-2% -$13K
MCY icon
890
Mercury Insurance
MCY
$6.07B
$806K 0.01%
14,700
+100
+0.7% +$5.4K
CADE
891
DELISTED
Cadence Bank
CADE
$803K 0.01%
34,600
+500
+1% +$11.9K
ATI icon
892
ATI
ATI
$31B
$793K 0.01%
43,900
+200
+0.5% +$3.31K
GVA icon
893
Granite Construction
GVA
$5.62B
$793K 0.01%
15,945
+100
+0.6% +$4.86K
ODP
894
DELISTED
ODP
ODP
$781K 0.01%
21,890
+2,020
+10% +$71.6K
WBMD
895
DELISTED
WebMD Health Corp.
WBMD
$780K 0.01%
15,700
+200
+1% +$11K
CRS icon
896
Carpenter Technology
CRS
$28.4B
$776K 0.01%
18,800
+100
+0.5% +$3.77K
TPH
897
DELISTED
Tri Pointe Homes
TPH
$775K 0.01%
58,800
+300
+0.5% +$3.96K
DDD icon
898
3D Systems Corp
DDD
$613M
$770K 0.01%
42,900
+200
+0.5% +$3K
KMPR icon
899
Kemper
KMPR
$1.68B
$769K 0.01%
19,550
+300
+2% +$10.8K
DECK icon
900
Deckers Outdoor
DECK
$13.3B
$768K 0.01%
77,400
– –
34 35
36
37 38

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 2016 Portfolio in Review

As of Q3 2016, State of Michigan Retirement System held 990 positions worth $12.7B, down 0.73% from $12.8B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

State of Michigan Retirement System withdrew a net $464M in Q3 2016, closing 25 positions and reducing 296 holdings. Its most notable exit was Tesla, an estimated $72.1M 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 Technology and Healthcare.

Against the trend, State of Michigan Retirement System opened a new position in Charter Communications worth $20.4M.

  • State of Michigan Retirement System's largest Q3 2016 buy was Charter Communications: 75,600 shares worth $20.4M.
  • State of Michigan Retirement System added most to JPMorgan Chase in Q3 2016, an estimated $118M increase.
  • State of Michigan Retirement System's biggest Q3 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $248M.
  • State of Michigan Retirement System fully exited Tesla in Q3 2016, selling an estimated $72.1M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $12.7B portfolio in Q3 2016.
  • State of Michigan Retirement System opened 23 new positions and closed 25 in Q3 2016.
  • State of Michigan Retirement System's portfolio value fell 0.73% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q3 2016, filed 2 Nov 2016.