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
+0.33%
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
$12.4B
AUM Growth
-$256M
Cap. Flow
-$114M
Cap. Flow %
-0.92%
Top 10 Hldgs %
22.57%
Holding
956
New
17
Increased
679
Reduced
171
Closed
16

Top Buys

Rank Stock Value
1
GILD icon
Gilead Sciences
GILD
+$119M
2
AGNC icon
AGNC Investment
AGNC
+$85.4M
3
EXC icon
Exelon
EXC
+$81.7M
4
XYZ
Block Inc
XYZ
+$52.6M
5
MTGE
MTGE Investment Corp. Common Stock
MTGE
+$38.9M

Top Sells

Rank Stock Value
1
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$266M
2
VZ icon
Verizon
VZ
+$189M
3
VR
Validus Hold Ltd
VR
+$141M
4
PG icon
Procter & Gamble
PG
+$91.3M
5
CELG
Celgene Corp
CELG
+$32.3M

Sector Composition

Rank Sector Weight
1 Financials 18.14%
2 Technology 16.4%
3 Healthcare 14.86%
4 Communication Services 8.71%
5 Consumer Discretionary 8.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DDD icon
926
3D Systems Corp
DDD
$613M
$474K ﹤0.01%
40,900
– –
SPN
927
DELISTED
Superior Energy Services, Inc.
SPN
$474K ﹤0.01%
5,620
+120
+2% +$11.8K
GME icon
928
GameStop
GME
$8.6B
$466K ﹤0.01%
147,600
+2,000
+1% +$8.16K
MNK
929
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
$456K ﹤0.01%
31,500
-2,600
-8% -$46.9K
WPG
930
DELISTED
Washington Prime Group Inc.
WPG
$445K ﹤0.01%
7,413
– –
ENDP
931
DELISTED
Endo International plc
ENDP
$435K ﹤0.01%
73,300
+1,100
+2% +$7.69K
DBD
932
DELISTED
Diebold Nixdorf Incorporated
DBD
$418K ﹤0.01%
27,130
– –
KN icon
933
Knowles
KN
$3.34B
$404K ﹤0.01%
32,111
– –
ODP
934
DELISTED
ODP
ODP
$398K ﹤0.01%
18,510
– –
DNOW icon
935
DNOW Inc
DNOW
$2.99B
$396K ﹤0.01%
38,727
– –
ISCA
936
DELISTED
International Speedway Corp
ISCA
$395K ﹤0.01%
8,950
+200
+2% +$8.7K
DO
937
DELISTED
Diamond Offshore Drilling
DO
$345K ﹤0.01%
23,500
+300
+1% +$4.96K
TR icon
938
Tootsie Roll Industries
TR
$2.98B
$209K ﹤0.01%
8,979
– –
AUPH icon
939
Aurinia Pharmaceuticals
AUPH
$2.11B
$117K ﹤0.01%
22,500
– –
SGYP
940
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
$82K ﹤0.01%
45,000
– –
OKTA icon
941
Okta
OKTA
$25.8B
– –
-38,882
Closed -$996K
OLN icon
942
Olin
OLN
$2.12B
– –
-59,711
Closed -$2.13M
ACH
943
Accendra Health
ACH
$214M
– –
-22,000
Closed -$415K
RUN icon
944
Sunrun
RUN
$2.46B
– –
-15,803
Closed -$93K
VEA icon
945
Vanguard FTSE Developed Markets ETF
VEA
$237B
– –
-300,000
Closed -$13.5M
TRTN
946
DELISTED
Triton International Limited
TRTN
– –
-42,639
Closed -$1.6M
AVP
947
DELISTED
Avon Products, Inc.
AVP
– –
-126,155
Closed -$271K
DF
948
DELISTED
Dean Foods Company
DF
– –
-32,750
Closed -$379K
VR
949
DELISTED
Validus Hold Ltd
VR
– –
-2,998,643
Closed -$141M
MULE
950
DELISTED
MuleSoft, Inc.
MULE
– –
-60,877
Closed -$1.42M
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 Q1 2018 Portfolio in Review

As of Q1 2018, State of Michigan Retirement System held 956 positions worth $12.4B, down 2% from $12.7B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Trading was light in Q1 2018: portfolio turnover was 3.5%. State of Michigan Retirement System opened 17 new positions and exited 16, leaving the 956-position portfolio largely intact.

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

  • State of Michigan Retirement System's largest Q1 2018 buy was MTGE Investment Corp. Common Stock: 2,200,000 shares worth $39.4M.
  • State of Michigan Retirement System added most to Gilead Sciences in Q1 2018, an estimated $119M increase.
  • State of Michigan Retirement System's biggest Q1 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $266M.
  • State of Michigan Retirement System fully exited Validus Hold Ltd in Q1 2018, selling an estimated $141M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $12.4B portfolio in Q1 2018.
  • State of Michigan Retirement System opened 17 new positions and closed 16 in Q1 2018.
  • State of Michigan Retirement System's portfolio value fell 2% quarter-over-quarter to $12.4B.

Based on State of Michigan Retirement System's 13F filing for Q1 2018, filed 8 May 2018.