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
+6.32%
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
$12.9B
AUM Growth
+$331M
Cap. Flow
-$338M
Cap. Flow %
-2.62%
Top 10 Hldgs %
25.74%
Holding
977
New
19
Increased
588
Reduced
263
Closed
32

Top Buys

Rank Stock Value
1
PG icon
Procter & Gamble
PG
+$100M
2
DIS icon
Walt Disney
DIS
+$63.1M
3
SHW icon
Sherwin-Williams
SHW
+$57.5M
4
ZTS icon
Zoetis
ZTS
+$35.8M
5
CELG
Celgene Corp
CELG
+$33.7M

Top Sells

Rank Stock Value
1
STZ icon
Constellation Brands
STZ
+$53.2M
2
TMO icon
Thermo Fisher Scientific
TMO
+$51.1M
3
CVS icon
CVS Health
CVS
+$49.2M
4
BMY icon
Bristol-Myers Squibb
BMY
+$48.9M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$48.6M

Sector Composition

Rank Sector Weight
1 Financials 20.57%
2 Technology 14.12%
3 Healthcare 12.64%
4 Communication Services 11.19%
5 Industrials 8.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MDT icon
76
Medtronic
MDT
$110B
$36.2M 0.28%
449,638
+600
+0.1% +$46.9K
PPG icon
77
PPG Industries
PPG
$26B
$36M 0.28%
342,668
-1,900
-0.6% -$192K
SLB icon
78
SLB Ltd
SLB
$76.5B
$35.8M 0.28%
457,972
+3,000
+0.7% +$245K
RAI
79
DELISTED
Reynolds American Inc
RAI
$35.1M 0.27%
556,814
+1,200
+0.2% +$72.1K
PARA
80
DELISTED
Paramount Global Class B
PARA
$35.1M 0.27%
505,827
-6,100
-1% -$400K
MCD icon
81
McDonald's
MCD
$196B
$34.9M 0.27%
269,057
-2,500
-0.9% -$314K
VLO icon
82
Valero Energy
VLO
$87.2B
$34.2M 0.26%
515,376
+100
+0% +$6.69K
ALXN
83
DELISTED
Alexion Pharmaceuticals
ALXN
$33.2M 0.26%
273,778
+20,400
+8% +$2.63M
BA icon
84
Boeing
BA
$184B
$33.1M 0.26%
187,050
-700
-0.4% -$119K
CHRW icon
85
C.H. Robinson
CHRW
$17.1B
$29.2M 0.23%
377,729
+100
+0% +$7.68K
DUK icon
86
Duke Energy
DUK
$96.6B
$29.2M 0.23%
355,484
+4,500
+1% +$358K
BRK.A icon
87
Berkshire Hathaway Class A
BRK.A
$1.13T
$29M 0.22%
116
– –
AVGO icon
88
Broadcom
AVGO
$2T
$28.9M 0.22%
1,317,780
+18,000
+1% +$371K
UNP icon
89
Union Pacific
UNP
$175B
$28.3M 0.22%
267,312
-17,500
-6% -$1.87M
KMI icon
90
Kinder Morgan
KMI
$69.7B
$28.2M 0.22%
1,298,506
+2,800
+0.2% +$61.2K
SBUX icon
91
Starbucks
SBUX
$120B
$28M 0.22%
478,760
+2,800
+0.6% +$158K
GS icon
92
Goldman Sachs
GS
$301B
$27.9M 0.22%
121,650
+700
+0.6% +$169K
AX icon
93
Axos Financial
AX
$5.78B
$27.7M 0.21%
1,061,487
– –
LLY icon
94
Eli Lilly
LLY
$1.06T
$26.8M 0.21%
318,938
+1,200
+0.4% +$96.1K
CCI icon
95
Crown Castle
CCI
$32.7B
$26.5M 0.2%
280,174
+500
+0.2% +$44.7K
AGN
96
DELISTED
Allergan plc
AGN
$26.3M 0.2%
110,156
-12,500
-10% -$2.91M
CA
97
DELISTED
CA, Inc.
CA
$26.1M 0.2%
824,380
-76,300
-8% -$2.46M
LAMR icon
98
Lamar Advertising Co
LAMR
$16.2B
$26.1M 0.2%
348,700
+400
+0.1% +$30K
ALLY icon
99
Ally Financial
ALLY
$13.4B
$25M 0.19%
1,230,966
– –
EFC
100
Ellington Financial
EFC
$1.65B
$24.5M 0.19%
1,544,778
– –
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 2017 Portfolio in Review

As of Q1 2017, State of Michigan Retirement System held 977 positions worth $12.9B, up 2.6% from $12.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

State of Michigan Retirement System's Q1 2017 filing shows 19 new, 588 increased, 263 reduced and 32 closed positions. Its largest new stake was Archer Daniels Midland: 187,600 shares worth $8.64M. The largest sale was Constellation Brands, an estimated $53.2M.

By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 21% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q1 2017 buy was Archer Daniels Midland: 187,600 shares worth $8.64M.
  • State of Michigan Retirement System added most to Procter & Gamble in Q1 2017, an estimated $100M increase.
  • State of Michigan Retirement System's biggest Q1 2017 reduction was Constellation Brands, cutting an estimated $53.2M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q1 2017, selling an estimated $48.6M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $12.9B portfolio in Q1 2017.
  • State of Michigan Retirement System opened 19 new positions and closed 32 in Q1 2017.
  • State of Michigan Retirement System's portfolio value rose 2.6% quarter-over-quarter to $12.9B.

Based on State of Michigan Retirement System's 13F filing for Q1 2017, filed 1 May 2017.