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
+14.11%
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
$18.6B
AUM Growth
+$1.79B
Cap. Flow
+$12.3M
Cap. Flow %
0.07%
Top 10 Hldgs %
34.69%
Holding
974
New
16
Increased
601
Reduced
158
Closed
19

Top Buys

Rank Stock Value
1
NEE icon
NextEra Energy
NEE
+$132M
2
MBB icon
iShares MBS ETF
MBB
+$94.8M
3
BMY icon
Bristol-Myers Squibb
BMY
+$66.2M
4
SMCI icon
Super Micro Computer
SMCI
+$40.2M
5
MSFT icon
Microsoft
MSFT
+$40.2M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$117M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$97M
3
PANW icon
Palo Alto Networks
PANW
+$66.1M
4
APO icon
Apollo Global Management
APO
+$52.8M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$32.1M

Sector Composition

Rank Sector Weight
1 Technology 26.33%
2 Financials 10.76%
3 Communication Services 10.57%
4 Healthcare 9.84%
5 Consumer Discretionary 8.58%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NWS icon
876
News Corp Class B
NWS
$17.6B
$851K ﹤0.01%
31,445
– –
ALE
877
DELISTED
Allete
ALE
$844K ﹤0.01%
14,146
+400
+3% +$23.5K
SBRA icon
878
Sabra Healthcare REIT
SBRA
$5.28B
$838K ﹤0.01%
56,749
+1,300
+2% +$18K
VLY icon
879
Valley National Bancorp
VLY
$8.1B
$834K ﹤0.01%
104,781
+2,500
+2% +$22.3K
SR icon
880
Spire
SR
$4.79B
$831K ﹤0.01%
13,536
+900
+7% +$53.8K
AZTA icon
881
Azenta
AZTA
$1.54B
$827K ﹤0.01%
13,717
-700
-5% -$44.8K
GME icon
882
GameStop
GME
$8.43B
$826K ﹤0.01%
66,000
+1,600
+2% +$23.2K
HGV icon
883
Hilton Grand Vacations
HGV
$3.31B
$826K ﹤0.01%
17,500
+400
+2% +$17.5K
YETI icon
884
Yeti Holdings
YETI
$3.99B
$823K ﹤0.01%
21,347
+500
+2% +$21.1K
AMKR icon
885
Amkor Technology
AMKR
$13.1B
$817K ﹤0.01%
25,349
+600
+2% +$19K
BHF icon
886
Brighthouse Financial
BHF
$3.46B
$813K ﹤0.01%
15,768
+400
+3% +$19.9K
DOCS icon
887
Doximity
DOCS
$4.57B
$807K ﹤0.01%
30,000
+1,700
+6% +$48.5K
VC icon
888
Visteon
VC
$2.8B
$801K ﹤0.01%
6,807
+100
+1% +$11.7K
IRDM icon
889
Iridium Communications
IRDM
$5.23B
$797K ﹤0.01%
30,459
+700
+2% +$22.8K
TXNM
890
TXNM Energy Inc
TXNM
$5.91B
$794K ﹤0.01%
21,089
+500
+2% +$18.6K
EPR icon
891
EPR Properties
EPR
$4.63B
$785K ﹤0.01%
18,489
+400
+2% +$17.4K
ASB icon
892
Associated Banc-Corp
ASB
$5.92B
$785K ﹤0.01%
36,478
+800
+2% +$16.7K
LITE icon
893
Lumentum
LITE
$63.3B
$783K ﹤0.01%
16,528
+500
+3% +$25.4K
PGNY icon
894
Progyny
PGNY
$2.18B
$781K ﹤0.01%
20,479
+500
+3% +$18.9K
PAG icon
895
Penske Automotive Group
PAG
$14.2B
$778K ﹤0.01%
4,800
+100
+2% +$15.3K
WEN icon
896
Wendy's
WEN
$1.39B
$772K ﹤0.01%
40,985
+900
+2% +$16.9K
SMG icon
897
ScottsMiracle-Gro
SMG
$3.63B
$768K ﹤0.01%
10,300
+300
+3% +$18.6K
CNXC icon
898
Concentrix
CNXC
$1.56B
$768K ﹤0.01%
11,591
+200
+2% +$16.2K
BLKB icon
899
Blackbaud
BLKB
$2.09B
$767K ﹤0.01%
10,348
– –
NWE icon
900
NorthWestern Energy
NWE
$4.38B
$765K ﹤0.01%
15,028
+300
+2% +$14.6K
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
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 2024 Portfolio in Review

As of Q1 2024, State of Michigan Retirement System held 974 positions worth $18.6B, up 11% from $16.8B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Trading was light in Q1 2024: portfolio turnover was 3.6%. State of Michigan Retirement System opened 16 new positions and exited 19, leaving the 974-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Communication Services.

  • State of Michigan Retirement System's largest Q1 2024 buy was Arm: 228,200 shares worth $28.5M.
  • State of Michigan Retirement System added most to NextEra Energy in Q1 2024, an estimated $132M increase.
  • State of Michigan Retirement System's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $117M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q1 2024, selling an estimated $97M.
  • State of Michigan Retirement System's ten largest holdings make up 35% of its $18.6B portfolio in Q1 2024.
  • State of Michigan Retirement System opened 16 new positions and closed 19 in Q1 2024.
  • State of Michigan Retirement System's portfolio value rose 11% quarter-over-quarter to $18.6B.

Based on State of Michigan Retirement System's 13F filing for Q1 2024, filed 18 Apr 2024.