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
+6.41%
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
+$329M
Cap. Flow
-$336M
Cap. Flow %
-2.65%
Top 10 Hldgs %
24.56%
Holding
955
New
11
Increased
21
Reduced
876
Closed
16

Top Buys

Rank Stock Value
1
GILD icon
Gilead Sciences
GILD
+$49.6M
2
CVS icon
CVS Health
CVS
+$43.5M
3
AGNC icon
AGNC Investment
AGNC
+$41M
4
GPMT
Granite Point Mortgage Trust
GPMT
+$26.9M
5
MCHP icon
Microchip Technology
MCHP
+$19.1M

Top Sells

Rank Stock Value
1
HON icon
Honeywell
HON
+$72.5M
2
VR
Validus Hold Ltd
VR
+$39.5M
3
XYZ
Block Inc
XYZ
+$34.6M
4
DIS icon
Walt Disney
DIS
+$33.5M
5
ADBE icon
Adobe
ADBE
+$31.9M

Sector Composition

Rank Sector Weight
1 Financials 19.93%
2 Technology 14.55%
3 Healthcare 13.76%
4 Communication Services 10.45%
5 Industrials 7.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VRE
901
DELISTED
Veris Residential
VRE
$696K 0.01%
32,300
-1,500
-4% -$33.8K
BID
902
DELISTED
Sotheby's
BID
$693K 0.01%
13,427
-600
-4% -$29.9K
WKC icon
903
World Kinect Corp
WKC
$1.88B
$684K 0.01%
24,300
-1,500
-6% -$45.2K
ODP
904
DELISTED
ODP
ODP
$655K 0.01%
18,510
-990
-5% -$34.3K
GME icon
905
GameStop
GME
$8.57B
$653K 0.01%
145,600
-6,800
-4% -$31.7K
CTB
906
DELISTED
Cooper Tire & Rubber Co.
CTB
$650K 0.01%
18,400
-1,200
-6% -$42.4K
INVX
907
Innovex International
INVX
$1.96B
$649K 0.01%
13,600
-600
-4% -$26.8K
EAT icon
908
Brinker International
EAT
$9.66B
$648K 0.01%
16,677
-1,700
-9% -$58.7K
RDC
909
DELISTED
Rowan Companies Plc
RDC
$639K 0.01%
40,800
-1,900
-4% -$26.7K
WERN icon
910
Werner Enterprises
WERN
$2.26B
$621K ﹤0.01%
16,075
-800
-5% -$29.1K
HNI icon
911
HNI Corp
HNI
$3.59B
$603K ﹤0.01%
15,640
-900
-5% -$33K
POLY
912
DELISTED
Plantronics, Inc.
POLY
$600K ﹤0.01%
11,900
-700
-6% -$34.4K
NWS icon
913
News Corp Class B
NWS
$17.7B
$593K ﹤0.01%
35,744
-600
-2% -$9.16K
SAM icon
914
Boston Beer
SAM
$1.93B
$592K ﹤0.01%
3,100
-300
-9% -$53.6K
GEF icon
915
Greif
GEF
$5.02B
$563K ﹤0.01%
9,300
-400
-4% -$22.8K
ENDP
916
DELISTED
Endo International plc
ENDP
$560K ﹤0.01%
72,200
-3,400
-4% -$25.4K
GNW icon
917
Genworth Financial
GNW
$3.69B
$558K ﹤0.01%
179,450
-8,300
-4% -$28.7K
SPN
918
DELISTED
Superior Energy Services, Inc.
SPN
$530K ﹤0.01%
5,500
-250
-4% -$23.2K
PZZA icon
919
Papa John's
PZZA
$802M
$516K ﹤0.01%
9,200
-800
-8% -$49.8K
SYNA icon
920
Synaptics
SYNA
$4.14B
$487K ﹤0.01%
12,200
-500
-4% -$19.1K
WPG
921
DELISTED
Washington Prime Group Inc.
WPG
$475K ﹤0.01%
7,413
-345
-4% -$23.4K
KN icon
922
Knowles
KN
$3.33B
$471K ﹤0.01%
32,111
-1,500
-4% -$23.4K
QCP
923
DELISTED
Quality Care Properties, Inc.
QCP
$466K ﹤0.01%
33,733
-1,500
-4% -$22.9K
HSNI
924
DELISTED
HSN, Inc.
HSNI
$464K ﹤0.01%
11,500
-500
-4% -$19.8K
ALEX
925
DELISTED
Alexander & Baldwin
ALEX
$461K ﹤0.01%
16,620
-800
-5% -$31.2K
35 36
37
38 39

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 Q4 2017 Portfolio in Review

As of Q4 2017, State of Michigan Retirement System held 955 positions worth $12.7B, up 2.7% from $12.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Trading was light in Q4 2017: portfolio turnover was 2.8%. State of Michigan Retirement System opened 11 new positions and exited 16, leaving the 955-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q4 2017 buy was Granite Point Mortgage Trust: 1,478,739 shares worth $26.2M.
  • State of Michigan Retirement System added most to Gilead Sciences in Q4 2017, an estimated $49.6M increase.
  • State of Michigan Retirement System's biggest Q4 2017 reduction was Validus Hold Ltd, cutting an estimated $39.5M.
  • State of Michigan Retirement System fully exited Honeywell in Q4 2017, selling an estimated $72.5M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.7B portfolio in Q4 2017.
  • State of Michigan Retirement System opened 11 new positions and closed 16 in Q4 2017.
  • State of Michigan Retirement System's portfolio value rose 2.7% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q4 2017, filed 1 Feb 2018.