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
+8.49%
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
$12.1B
AUM Growth
+$1.06B
Cap. Flow
+$176M
Cap. Flow %
1.45%
Top 10 Hldgs %
21.16%
Holding
973
New
29
Increased
606
Reduced
214
Closed
26

Top Buys

Rank Stock Value
1
UGI icon
UGI
UGI
+$91.7M
2
EXC icon
Exelon
EXC
+$90.8M
3
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$86.9M
4
PINS icon
Pinterest
PINS
+$57.6M
5
TDG icon
TransDigm Group
TDG
+$43.7M

Top Sells

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$92.3M
2
HD icon
Home Depot
HD
+$58M
3
DIS icon
Walt Disney
DIS
+$57.7M
4
HON icon
Honeywell
HON
+$53.2M
5
IBM icon
IBM
IBM
+$50.8M

Sector Composition

Rank Sector Weight
1 Technology 17.7%
2 Financials 14.22%
3 Healthcare 12.86%
4 Real Estate 10.39%
5 Industrials 8.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EAT icon
926
Brinker International
EAT
$9.66B
$457K ﹤0.01%
10,877
– –
DY icon
927
Dycom Industries
DY
$12.3B
$429K ﹤0.01%
9,100
– –
BIDU icon
928
Baidu
BIDU
$37.2B
$427K ﹤0.01%
3,380
– –
NWS icon
929
News Corp Class B
NWS
$17.5B
$427K ﹤0.01%
29,444
+200
+0.7% +$2.75K
LNW
930
DELISTED
Light & Wonder
LNW
$426K ﹤0.01%
15,900
+200
+1% +$5.15K
REZI icon
931
Resideo Technologies
REZI
$3.95B
$425K ﹤0.01%
35,600
– –
ALEX
932
DELISTED
Alexander & Baldwin
ALEX
$414K ﹤0.01%
19,739
– –
PZZA icon
933
Papa John's
PZZA
$806M
$410K ﹤0.01%
6,500
+100
+2% +$5.92K
SKT icon
934
Tanger
SKT
$4.52B
$399K ﹤0.01%
27,100
– –
MCY icon
935
Mercury Insurance
MCY
$6.07B
$390K ﹤0.01%
8,000
+100
+1% +$5.03K
MDP
936
DELISTED
Meredith Corporation
MDP
$377K ﹤0.01%
11,600
– –
PNNT
937
Pennant Park Investment Corp
PNNT
$241M
$368K ﹤0.01%
+56,295
New +$350K
DNOW icon
938
DNOW Inc
DNOW
$2.99B
$354K ﹤0.01%
31,527
– –
GEF icon
939
Greif
GEF
$5.04B
$340K ﹤0.01%
7,700
+100
+1% +$4.14K
DLPH
940
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
$325K ﹤0.01%
25,300
– –
GDOT icon
941
Green Dot
GDOT
$745M
$322K ﹤0.01%
13,800
– –
CHK
942
DELISTED
Chesapeake Energy Corporation
CHK
$270K ﹤0.01%
1,636
– –
EFOI icon
943
Energy Focus
EFOI
$20.3M
$258K ﹤0.01%
15,580
– –
DDS icon
944
Dillards
DDS
$9.56B
$213K ﹤0.01%
+2,900
New +$206K
TH icon
945
Target Hospitality
TH
$1.64B
$200K ﹤0.01%
+40,000
New +$210K
NTLA icon
946
Intellia Therapeutics
NTLA
$1.67B
$179K ﹤0.01%
12,222
– –
RUBY
947
DELISTED
Rubius Therapeutics, Inc
RUBY
$117K ﹤0.01%
12,275
– –
CAH icon
948
Cardinal Health
CAH
$55.4B
– –
-71,715
Closed -$3.38M
CHRD icon
949
Chord Energy
CHRD
$7.39B
– –
-83,200
Closed -$288K
COR icon
950
Cencora
COR
$61.2B
– –
-36,584
Closed -$3.01M
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 2019 Portfolio in Review

As of Q4 2019, State of Michigan Retirement System held 973 positions worth $12.1B, up 9.6% from $11B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

State of Michigan Retirement System's Q4 2019 filing shows 29 new, 606 increased, 214 reduced and 26 closed positions. Its largest new stake was Pinterest: 2,666,569 shares worth $49.7M. The largest sale was JPMorgan Chase, an estimated $92.3M.

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

  • State of Michigan Retirement System's largest Q4 2019 buy was Pinterest: 2,666,569 shares worth $49.7M.
  • State of Michigan Retirement System added most to UGI in Q4 2019, an estimated $91.7M increase.
  • State of Michigan Retirement System's biggest Q4 2019 reduction was JPMorgan Chase, cutting an estimated $92.3M.
  • State of Michigan Retirement System fully exited Celgene Corp in Q4 2019, selling an estimated $16.9M.
  • State of Michigan Retirement System's ten largest holdings make up 21% of its $12.1B portfolio in Q4 2019.
  • State of Michigan Retirement System opened 29 new positions and closed 26 in Q4 2019.
  • State of Michigan Retirement System's portfolio value rose 9.6% quarter-over-quarter to $12.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2019, filed 24 Jan 2020.