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
+7.59%
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
$15.8B
AUM Growth
+$1.16B
Cap. Flow
+$291M
Cap. Flow %
1.84%
Top 10 Hldgs %
23.66%
Holding
992
New
29
Increased
471
Reduced
331
Closed
17

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$126M
2
BMY icon
Bristol-Myers Squibb
BMY
+$99.7M
3
VZ icon
Verizon
VZ
+$97.5M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$77.6M
5
VST icon
Vistra
VST
+$59.6M

Top Sells

Rank Stock Value
1
PINS icon
Pinterest
PINS
+$83.5M
2
SYK icon
Stryker
SYK
+$45.7M
3
USB icon
US Bancorp
USB
+$43.5M
4
DG icon
Dollar General
DG
+$31.8M
5
V icon
Visa
V
+$31.5M

Sector Composition

Rank Sector Weight
1 Technology 21.72%
2 Healthcare 13.72%
3 Financials 12.03%
4 Consumer Discretionary 9.97%
5 Communication Services 9.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVSA
951
Covista Inc
CVSA
$4.38B
$733K ﹤0.01%
18,545
-400
-2% -$15.6K
SVC
952
Service Properties Trust
SVC
$1.05B
$724K ﹤0.01%
12,203
+200
+2% +$12K
BDC icon
953
Belden
BDC
$5.28B
$719K ﹤0.01%
16,214
– –
NWS icon
954
News Corp Class B
NWS
$17.6B
$717K ﹤0.01%
30,544
+2,600
+9% +$56.3K
IDCC icon
955
InterDigital
IDCC
$8.99B
$714K ﹤0.01%
11,246
– –
OPLN
956
Openlane
OPLN
$4.58B
$706K ﹤0.01%
47,090
– –
TXG icon
957
10x Genomics
TXG
$7.44B
$681K ﹤0.01%
+3,762
New +$650K
UE icon
958
Urban Edge Properties
UE
$2.75B
$660K ﹤0.01%
39,954
– –
GNW icon
959
Genworth Financial
GNW
$3.75B
$612K ﹤0.01%
184,309
– –
MCY icon
960
Mercury Insurance
MCY
$5.92B
$600K ﹤0.01%
9,867
+200
+2% +$11.4K
GEF icon
961
Greif
GEF
$4.97B
$557K ﹤0.01%
9,778
+100
+1% +$5.15K
WW
962
DELISTED
WW International
WW
$550K ﹤0.01%
17,582
+500
+3% +$14.4K
U icon
963
Unity
U
$19B
$528K ﹤0.01%
+5,262
New +$648K
DELL icon
964
Dell
DELL
$296B
$485K ﹤0.01%
10,852
– –
MAC icon
965
Macerich
MAC
$6.9B
$478K ﹤0.01%
40,849
– –
PPC icon
966
Pilgrim's Pride
PPC
$6.31B
$429K ﹤0.01%
18,050
+300
+2% +$6.65K
ON icon
967
ON Semiconductor
ON
$31.1B
$416K ﹤0.01%
10,000
– –
PCG icon
968
PG&E
PCG
$37.5B
$389K ﹤0.01%
33,200
– –
LNG icon
969
Cheniere Energy
LNG
$54.9B
$346K ﹤0.01%
4,800
– –
ALLY icon
970
Ally Financial
ALLY
$13.3B
$298K ﹤0.01%
6,600
– –
EQH icon
971
Equitable Holdings
EQH
$14.4B
$287K ﹤0.01%
8,800
– –
FNF icon
972
Fidelity National Financial
FNF
$12.9B
$248K ﹤0.01%
6,344
– –
TR icon
973
Tootsie Roll Industries
TR
$2.97B
$220K ﹤0.01%
+7,692
New +$211K
VEEV icon
974
Veeva Systems
VEEV
$38.1B
$209K ﹤0.01%
800
– –
NLY icon
975
Annaly Capital Management
NLY
$17.3B
$189K ﹤0.01%
5,500
– –
36 37 38
39
40

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 2021 Portfolio in Review

As of Q1 2021, State of Michigan Retirement System held 992 positions worth $15.8B, up 7.9% from $14.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q1 2021: portfolio turnover was 4.6%. State of Michigan Retirement System opened 29 new positions and exited 17, leaving the 992-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q1 2021 buy was DraftKings: 245,000 shares worth $15M.
  • State of Michigan Retirement System added most to AT&T in Q1 2021, an estimated $126M increase.
  • State of Michigan Retirement System's biggest Q1 2021 reduction was Stryker, cutting an estimated $45.7M.
  • State of Michigan Retirement System fully exited Pinterest in Q1 2021, selling an estimated $83.5M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $15.8B portfolio in Q1 2021.
  • State of Michigan Retirement System opened 29 new positions and closed 17 in Q1 2021.
  • State of Michigan Retirement System's portfolio value rose 7.9% quarter-over-quarter to $15.8B.

Based on State of Michigan Retirement System's 13F filing for Q1 2021, filed 3 May 2021.