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
-20.36%
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
$9.07B
AUM Growth
-$3.03B
Cap. Flow
-$67.8M
Cap. Flow %
-0.75%
Top 10 Hldgs %
24.73%
Holding
965
New
18
Increased
32
Reduced
868
Closed
22

Top Buys

Rank Stock Value
1
SPG icon
Simon Property Group
SPG
+$198M
2
AAPL icon
Apple
AAPL
+$87.1M
3
META icon
Meta Platforms (Facebook)
META
+$84.1M
4
JPM icon
JPMorgan Chase
JPM
+$68.1M
5
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$61.7M

Top Sells

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$157M
2
EG icon
Everest Group
EG
+$47.9M
3
EEFT icon
Euronet Worldwide
EEFT
+$35.6M
4
XLF icon
State Street Financial Select Sector SPDR ETF
XLF
+$32.1M
5
RTX icon
RTX Corp
RTX
+$29.4M

Sector Composition

Rank Sector Weight
1 Technology 19.9%
2 Financials 14.15%
3 Healthcare 13.94%
4 Communication Services 9.15%
5 Consumer Discretionary 7.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TXG icon
901
10x Genomics
TXG
$7.44B
$285K ﹤0.01%
+4,570
New +$357K
UE icon
902
Urban Edge Properties
UE
$2.75B
$282K ﹤0.01%
32,000
-1,900
-6% -$31.2K
URBN icon
903
Urban Outfitters
URBN
$6.81B
$279K ﹤0.01%
19,600
-1,200
-6% -$27.9K
CNX icon
904
CNX Resources
CNX
$5.32B
$273K ﹤0.01%
51,300
-3,100
-6% -$20.6K
SIX
905
DELISTED
Six Flags Entertainment Corp.
SIX
$273K ﹤0.01%
21,800
-1,300
-6% -$38.7K
MD icon
906
Pediatrix Medical
MD
$2.12B
$272K ﹤0.01%
23,400
-1,400
-6% -$28.9K
WOR icon
907
Worthington Enterprises
WOR
$2.79B
$270K ﹤0.01%
16,671
-973
-6% -$20.3K
FLR icon
908
Fluor
FLR
$7.3B
$268K ﹤0.01%
38,853
-2,400
-6% -$33.5K
PPC icon
909
Pilgrim's Pride
PPC
$6.31B
$263K ﹤0.01%
14,500
-900
-6% -$22K
CZR icon
910
Caesars Entertainment
CZR
$6.13B
$261K ﹤0.01%
18,100
-1,100
-6% -$51.5K
TEX icon
911
Terex
TEX
$7.58B
$261K ﹤0.01%
18,200
-1,100
-6% -$24.9K
SBH icon
912
Sally Beauty Holdings
SBH
$1.57B
$260K ﹤0.01%
32,200
-2,000
-6% -$26.6K
CRS icon
913
Carpenter Technology
CRS
$27.8B
$257K ﹤0.01%
13,200
-800
-6% -$29.8K
MUR icon
914
Murphy Oil
MUR
$5.09B
$254K ﹤0.01%
41,500
-2,500
-6% -$46K
NWS icon
915
News Corp Class B
NWS
$17.6B
$251K ﹤0.01%
27,944
-1,500
-5% -$19.3K
LK
916
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
$247K ﹤0.01%
+9,098
New +$335K
SVC
917
Service Properties Trust
SVC
$1.05B
$246K ﹤0.01%
9,120
-560
-6% -$50.2K
DHC
918
Diversified Healthcare Trust
DHC
$2.04B
$240K ﹤0.01%
+66,000
New +$433K
JACK icon
919
Jack in the Box
JACK
$340M
$231K ﹤0.01%
6,600
-400
-6% -$27.2K
GEF icon
920
Greif
GEF
$4.97B
$227K ﹤0.01%
7,300
-400
-5% -$15.2K
DY icon
921
Dycom Industries
DY
$12B
$221K ﹤0.01%
8,600
-500
-5% -$17.7K
ADNT icon
922
Adient
ADNT
$1.44B
$219K ﹤0.01%
24,100
-1,500
-6% -$30.2K
CAR icon
923
Avis
CAR
$4.9B
$218K ﹤0.01%
15,700
-1,000
-6% -$29.9K
WW
924
DELISTED
WW International
WW
$218K ﹤0.01%
12,900
-800
-6% -$24.9K
PBF icon
925
PBF Energy
PBF
$7.86B
$200K ﹤0.01%
28,300
-1,700
-6% -$38.1K
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
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 2020 Portfolio in Review

As of Q1 2020, State of Michigan Retirement System held 965 positions worth $9.07B, down 25% from $12.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Trading was light in Q1 2020: portfolio turnover was 4.1%. State of Michigan Retirement System opened 18 new positions and exited 22, leaving the 965-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.

  • State of Michigan Retirement System's largest Q1 2020 buy was National General Holdings Corp: 1,300,000 shares worth $21.5M.
  • State of Michigan Retirement System added most to Simon Property Group in Q1 2020, an estimated $198M increase.
  • State of Michigan Retirement System's biggest Q1 2020 reduction was Everest Group, cutting an estimated $47.9M.
  • State of Michigan Retirement System fully exited Annaly Capital Management in Q1 2020, selling an estimated $157M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $9.07B portfolio in Q1 2020.
  • State of Michigan Retirement System opened 18 new positions and closed 22 in Q1 2020.
  • State of Michigan Retirement System's portfolio value fell 25% quarter-over-quarter to $9.07B.

Based on State of Michigan Retirement System's 13F filing for Q1 2020, filed 28 Apr 2020.