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
+15.14%
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
$19.3B
AUM Growth
+$1.98B
Cap. Flow
-$3.03M
Cap. Flow %
-0.02%
Top 10 Hldgs %
35.68%
Holding
951
New
7
Increased
468
Reduced
323
Closed
7

Top Buys

Rank Stock Value
1
BIIB icon
Biogen
BIIB
+$31.3M
2
HIMS icon
Hims & Hers Health
HIMS
+$28.6M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$26.1M
4
VZ icon
Verizon
VZ
+$20.6M
5
COF icon
Capital One
COF
+$13.5M

Top Sells

Rank Stock Value
1
RITM icon
Rithm Capital
RITM
+$66.9M
2
NEE icon
NextEra Energy
NEE
+$59.1M
3
XYZ
Block Inc
XYZ
+$36.9M
4
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$19.4M
5
DFS
Discover Financial Services
DFS
+$11.6M

Sector Composition

Rank Sector Weight
1 Technology 31.42%
2 Financials 12%
3 Consumer Discretionary 9.92%
4 Communication Services 9.88%
5 Healthcare 8.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MZTI
876
The Marzetti Company
MZTI
$3.11B
$800K ﹤0.01%
4,632
– –
NVST icon
877
Envista
NVST
$4.52B
$797K ﹤0.01%
40,763
-400
-1% -$6.96K
PVH icon
878
PVH
PVH
$4.04B
$789K ﹤0.01%
11,500
-1,800
-14% -$131K
IRDM icon
879
Iridium Communications
IRDM
$5.29B
$783K ﹤0.01%
25,959
-100
-0.4% -$2.6K
M icon
880
Macy's
M
$6.68B
$781K ﹤0.01%
66,970
+500
+0.8% +$5.79K
GHC icon
881
Graham Holdings Company
GHC
$5.02B
$780K ﹤0.01%
824
– –
AMED
882
DELISTED
Amedisys
AMED
$775K ﹤0.01%
7,875
– –
PAG icon
883
Penske Automotive Group
PAG
$14.2B
$773K ﹤0.01%
4,500
– –
FLG
884
Flagstar Bank National Association
FLG
$5.82B
$773K ﹤0.01%
72,895
+400
+0.6% +$4.57K
XRAY icon
885
Dentsply Sirona
XRAY
$2.43B
$761K ﹤0.01%
47,900
+300
+0.6% +$4.49K
POWI icon
886
Power Integrations
POWI
$3.61B
$756K ﹤0.01%
13,518
-100
-0.7% -$5.13K
NWE icon
887
NorthWestern Energy
NWE
$4.43B
$756K ﹤0.01%
14,728
– –
FLO icon
888
Flowers Foods
FLO
$1.57B
$755K ﹤0.01%
47,242
+400
+0.9% +$6.89K
RYN icon
889
Rayonier
RYN
$6.55B
$748K ﹤0.01%
35,361
+105
+0.3% +$2.4K
CDP icon
890
COPT Defense Properties
CDP
$4.21B
$748K ﹤0.01%
27,113
+200
+0.7% +$5.42K
BHF icon
891
Brighthouse Financial
BHF
$3.5B
$740K ﹤0.01%
13,768
-300
-2% -$16.9K
TEX icon
892
Terex
TEX
$7.74B
$739K ﹤0.01%
15,818
– –
MUR icon
893
Murphy Oil
MUR
$4.78B
$726K ﹤0.01%
32,247
-600
-2% -$13.4K
GT icon
894
Goodyear
GT
$1.85B
$713K ﹤0.01%
68,726
+1,300
+2% +$13.8K
AVNT icon
895
Avient
AVNT
$4.19B
$712K ﹤0.01%
22,024
+200
+0.9% +$6.92K
CAR icon
896
Avis
CAR
$5.02B
$689K ﹤0.01%
4,073
+100
+3% +$10.8K
SMG icon
897
ScottsMiracle-Gro
SMG
$3.66B
$686K ﹤0.01%
10,400
+100
+1% +$5.78K
RH icon
898
RH
RH
$3.71B
$683K ﹤0.01%
3,615
– –
CHH icon
899
Choice Hotels
CHH
$4.8B
$677K ﹤0.01%
5,332
– –
WU icon
900
Western Union
WU
$2.21B
$669K ﹤0.01%
79,466
-1,400
-2% -$13.3K
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 Q2 2025 Portfolio in Review

As of Q2 2025, State of Michigan Retirement System held 951 positions worth $19.3B, up 11% from $17.3B the previous quarter. Its ten largest holdings account for 36% of the portfolio.

Trading was light in Q2 2025: portfolio turnover was 1.5%. State of Michigan Retirement System opened 7 new positions and exited 7, leaving the 951-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 28% a quarter earlier, followed by Financials and Consumer Discretionary.

  • State of Michigan Retirement System's largest Q2 2025 buy was Coinbase: 57,500 shares worth $20.2M.
  • State of Michigan Retirement System added most to Biogen in Q2 2025, an estimated $31.3M increase.
  • State of Michigan Retirement System's biggest Q2 2025 reduction was Rithm Capital, cutting an estimated $66.9M.
  • State of Michigan Retirement System fully exited Discover Financial Services in Q2 2025, selling an estimated $11.6M.
  • State of Michigan Retirement System's ten largest holdings make up 36% of its $19.3B portfolio in Q2 2025.
  • State of Michigan Retirement System opened 7 new positions and closed 7 in Q2 2025.
  • State of Michigan Retirement System's portfolio value rose 11% quarter-over-quarter to $19.3B.

Based on State of Michigan Retirement System's 13F filing for Q2 2025, filed 5 Aug 2025.