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
+0.7%
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
$12.6B
AUM Growth
-$455M
Cap. Flow
-$412M
Cap. Flow %
-3.27%
Top 10 Hldgs %
26.08%
Holding
982
New
27
Increased
575
Reduced
266
Closed
24

Top Buys

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$255M
2
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$137M
3
WTW icon
Willis Towers Watson
WTW
+$97.6M
4
V icon
Visa
V
+$74.4M
5
CRM icon
Salesforce
CRM
+$48.5M

Top Sells

Rank Stock Value
1
USB icon
US Bancorp
USB
+$129M
2
AFL icon
Aflac
AFL
+$112M
3
EXC icon
Exelon
EXC
+$110M
4
WMT icon
Walmart Inc
WMT
+$81.8M
5
COR icon
Cencora
COR
+$78.1M

Sector Composition

Rank Sector Weight
1 Financials 19.86%
2 Healthcare 13.99%
3 Technology 13.95%
4 Communication Services 10.28%
5 Consumer Discretionary 8.46%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PARA
76
DELISTED
Paramount Global Class B
PARA
$32.3M 0.26%
587,067
+438,700
+296% +$21.3M
SLB icon
77
SLB Ltd
SLB
$75B
$31.8M 0.25%
431,483
-374,100
-46% -$26.3M
IJH icon
78
iShares Core S&P Mid-Cap ETF
IJH
$127B
$31.2M 0.25%
1,083,500
– –
EBAY icon
79
eBay
EBAY
$49.8B
$31.2M 0.25%
1,306,386
-4,400
-0.3% -$107K
SBUX icon
80
Starbucks
SBUX
$120B
$30.4M 0.24%
508,964
+1,100
+0.2% +$64.1K
TYC
81
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
$30.4M 0.24%
789,580
+651,501
+472% +$23.3M
DUK icon
82
Duke Energy
DUK
$97.3B
$29.3M 0.23%
362,636
+1,600
+0.4% +$121K
NKE icon
83
Nike
NKE
$61.9B
$28.6M 0.23%
464,764
+3,300
+0.7% +$199K
FTAI icon
84
FTAI Aviation
FTAI
$22.2B
$28.2M 0.22%
3,603,077
– –
RAI
85
DELISTED
Reynolds American Inc
RAI
$28M 0.22%
556,086
+47,300
+9% +$2.32M
NOV icon
86
NOV
NOV
$7B
$27.8M 0.22%
893,810
+765,300
+596% +$23.4M
CA
87
DELISTED
CA, Inc.
CA
$27.4M 0.22%
891,324
-120,300
-12% -$3.45M
QCOM icon
88
Qualcomm
QCOM
$176B
$27.4M 0.22%
535,695
+21,600
+4% +$1.05M
BA icon
89
Boeing
BA
$185B
$27.2M 0.22%
214,390
-90,900
-30% -$11.3M
EFC
90
Ellington Financial
EFC
$1.71B
$27M 0.21%
1,550,000
– –
CELG
91
DELISTED
Celgene Corp
CELG
$26.9M 0.21%
269,180
+500
+0.2% +$51.5K
NVR icon
92
NVR
NVR
$17B
$26.8M 0.21%
15,464
+14,000
+956% +$22.6M
AIG icon
93
American International
AIG
$41.3B
$25.8M 0.21%
477,872
-1,169,230
-71% -$63.1M
WBA
94
DELISTED
Walgreens Boots Alliance
WBA
$25M 0.2%
297,117
-800
-0.3% -$63.9K
MAN icon
95
ManpowerGroup
MAN
$2.63B
$24.8M 0.2%
304,730
-300
-0.1% -$23K
BRK.A icon
96
Berkshire Hathaway Class A
BRK.A
$1.12T
$24.8M 0.2%
116
– –
LOW icon
97
Lowe's Companies
LOW
$125B
$24.6M 0.2%
324,895
+8,800
+3% +$621K
LLY icon
98
Eli Lilly
LLY
$1.06T
$24.1M 0.19%
335,102
+1,300
+0.4% +$98.4K
TSLA icon
99
Tesla
TSLA
$1.3T
$24.1M 0.19%
1,572,315
-3,562,500
-69% -$46.9M
COST icon
100
Costco
COST
$420B
$23.9M 0.19%
151,408
+1,800
+1% +$273K
2 3
4
5 6

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 2016 Portfolio in Review

As of Q1 2016, State of Michigan Retirement System held 982 positions worth $12.6B, down 3.5% from $13.1B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

State of Michigan Retirement System withdrew a net $412M in Q1 2016, closing 24 positions and reducing 266 holdings. Its most notable exit was Mobileye N.V., an estimated $26.6M position sold in full.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Technology.

Against the trend, State of Michigan Retirement System opened a new position in Apollo Commercial Real Estate worth $37.8M.

  • State of Michigan Retirement System's largest Q1 2016 buy was Apollo Commercial Real Estate: 2,319,000 shares worth $37.8M.
  • State of Michigan Retirement System added most to Wells Fargo in Q1 2016, an estimated $255M increase.
  • State of Michigan Retirement System's biggest Q1 2016 reduction was US Bancorp, cutting an estimated $129M.
  • State of Michigan Retirement System fully exited Mobileye N.V. in Q1 2016, selling an estimated $26.6M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $12.6B portfolio in Q1 2016.
  • State of Michigan Retirement System opened 27 new positions and closed 24 in Q1 2016.
  • State of Michigan Retirement System's portfolio value fell 3.5% quarter-over-quarter to $12.6B.

Based on State of Michigan Retirement System's 13F filing for Q1 2016, filed 6 May 2016.