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
+9.85%
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
$20.8B
AUM Growth
+$1.49B
Cap. Flow
-$10.1M
Cap. Flow %
-0.05%
Top 10 Hldgs %
37.6%
Holding
964
New
20
Increased
152
Reduced
703
Closed
20

Top Buys

Rank Stock Value
1
HIMS icon
Hims & Hers Health
HIMS
+$34.8M
2
APP icon
Applovin
APP
+$33.8M
3
OSCR icon
Oscar Health
OSCR
+$23.9M
4
HOOD icon
Robinhood
HOOD
+$22.8M
5
KR icon
Kroger
KR
+$20.7M

Top Sells

Rank Stock Value
1
BIIB icon
Biogen
BIIB
+$33.5M
2
GEHC icon
GE HealthCare
GEHC
+$29.2M
3
BURL icon
Burlington
BURL
+$28.6M
4
VZ icon
Verizon
VZ
+$21.9M
5
ARM icon
Arm
ARM
+$20.7M

Sector Composition

Rank Sector Weight
1 Technology 32.79%
2 Financials 11.65%
3 Communication Services 10.3%
4 Consumer Discretionary 9.76%
5 Healthcare 8.41%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BHF icon
901
Brighthouse Financial
BHF
$3.38B
$720K ﹤0.01%
13,568
-200
-1% -$9.76K
AVNT icon
902
Avient
AVNT
$4.17B
$719K ﹤0.01%
21,824
-200
-0.9% -$6.96K
PCH
903
DELISTED
PotlatchDeltic
PCH
$690K ﹤0.01%
16,931
-300
-2% -$12.4K
LIVN icon
904
LivaNova
LIVN
$4.33B
$682K ﹤0.01%
13,011
-100
-0.8% -$5.03K
SHC icon
905
Sotera Health
SHC
$5.45B
$659K ﹤0.01%
41,900
+5,000
+14% +$70.2K
FLO icon
906
Flowers Foods
FLO
$1.52B
$656K ﹤0.01%
50,242
+3,000
+6% +$45.5K
CIVI
907
DELISTED
Civitas Resources
CIVI
$647K ﹤0.01%
19,900
-600
-3% -$19.2K
SSNC icon
908
SS&C Technologies
SSNC
$18.7B
$645K ﹤0.01%
7,270
– –
YETI icon
909
Yeti Holdings
YETI
$3.85B
$642K ﹤0.01%
19,347
-600
-3% -$21K
CAR icon
910
Avis
CAR
$4.97B
$638K ﹤0.01%
3,973
-100
-2% -$16.9K
SYNA icon
911
Synaptics
SYNA
$4.18B
$624K ﹤0.01%
9,133
-100
-1% -$6.8K
HGV icon
912
Hilton Grand Vacations
HGV
$3.34B
$615K ﹤0.01%
14,700
+800
+6% +$36.8K
WU icon
913
Western Union
WU
$2.2B
$614K ﹤0.01%
76,866
-2,600
-3% -$21.7K
WLK icon
914
Westlake Corp
WLK
$10.3B
$609K ﹤0.01%
7,900
-100
-1% -$8.33K
SMG icon
915
ScottsMiracle-Gro
SMG
$3.61B
$604K ﹤0.01%
10,600
+200
+2% +$12.6K
XRAY icon
916
Dentsply Sirona
XRAY
$2.31B
$603K ﹤0.01%
47,500
-400
-0.8% -$5.8K
PBF icon
917
PBF Energy
PBF
$8.22B
$591K ﹤0.01%
19,600
-4,000
-17% -$105K
BLKB icon
918
Blackbaud
BLKB
$2.06B
$569K ﹤0.01%
8,848
-200
-2% -$13.1K
CPRI icon
919
Capri Holdings
CPRI
$1.77B
$565K ﹤0.01%
28,365
+400
+1% +$8.02K
RPRX icon
920
Royalty Pharma
RPRX
$25.7B
$561K ﹤0.01%
15,900
– –
HAE icon
921
Haemonetics
HAE
$3.97B
$559K ﹤0.01%
11,474
-600
-5% -$37.1K
POWI icon
922
Power Integrations
POWI
$3.54B
$536K ﹤0.01%
13,318
-200
-1% -$9.65K
PK icon
923
Park Hotels & Resorts
PK
$2.89B
$528K ﹤0.01%
47,629
-400
-0.8% -$4.5K
CHH icon
924
Choice Hotels
CHH
$4.62B
$527K ﹤0.01%
4,932
-400
-8% -$48.8K
ASH icon
925
Ashland
ASH
$3.42B
$519K ﹤0.01%
10,839
-100
-0.9% -$5.25K
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
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return
OAG
Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return
Jacobs Levy Equity Management
Jacobs Levy Equity Management Florham Park, New Jersey $23.8B AUM 25.4% 1-Year Est. Return

State of Michigan Retirement System's Q3 2025 Portfolio in Review

As of Q3 2025, State of Michigan Retirement System held 964 positions worth $20.8B, up 7.7% from $19.3B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Trading was light in Q3 2025: portfolio turnover was 4.1%. State of Michigan Retirement System opened 20 new positions and exited 20, leaving the 964-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 31% a quarter earlier, followed by Financials and Communication Services.

  • State of Michigan Retirement System's largest Q3 2025 buy was Oscar Health: 1,450,000 shares worth $27.4M.
  • State of Michigan Retirement System added most to Hims & Hers Health in Q3 2025, an estimated $34.8M increase.
  • State of Michigan Retirement System's biggest Q3 2025 reduction was Biogen, cutting an estimated $33.5M.
  • State of Michigan Retirement System fully exited Arm in Q3 2025, selling an estimated $20.7M.
  • State of Michigan Retirement System's ten largest holdings make up 38% of its $20.8B portfolio in Q3 2025.
  • State of Michigan Retirement System opened 20 new positions and closed 20 in Q3 2025.
  • State of Michigan Retirement System's portfolio value rose 7.7% quarter-over-quarter to $20.8B.

Based on State of Michigan Retirement System's 13F filing for Q3 2025, filed 5 Nov 2025.