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
+10.58%
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
$19.1B
AUM Growth
+$1.49B
Cap. Flow
-$61.6M
Cap. Flow %
-0.32%
Top 10 Hldgs %
34.97%
Holding
1,006
New
31
Increased
699
Reduced
152
Closed
31

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$309M
2
BMY icon
Bristol-Myers Squibb
BMY
+$36.8M
3
GNRC icon
Generac Holdings
GNRC
+$27.9M
4
LYV icon
Live Nation Entertainment
LYV
+$27M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$24.9M

Top Sells

Rank Stock Value
1
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$169M
2
VLUE icon
iShares MSCI USA Value Factor ETF
VLUE
+$160M
3
UGI icon
UGI
UGI
+$136M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$125M
5
ARI
Apollo Commercial Real Estate
ARI
+$81M

Sector Composition

Rank Sector Weight
1 Technology 21.84%
2 Healthcare 12.35%
3 Communication Services 10.38%
4 Financials 10.3%
5 Consumer Discretionary 8.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TXN icon
76
Texas Instruments
TXN
$261B
$47.7M 0.25%
253,333
+12,704
+5% +$2.44M
NEE icon
77
NextEra Energy
NEE
$177B
$46.1M 0.24%
493,960
+1,400
+0.3% +$121K
LOW icon
78
Lowe's Companies
LOW
$125B
$45.1M 0.24%
174,373
-3,100
-2% -$737K
AMAT icon
79
Applied Materials
AMAT
$428B
$44.5M 0.23%
282,660
+32,636
+13% +$4.73M
MCO icon
80
Moody's
MCO
$82.7B
$44.4M 0.23%
113,548
+1,100
+1% +$424K
DAVA icon
81
Endava
DAVA
$156M
$43M 0.23%
255,800
+121,300
+90% +$18.8M
ISRG icon
82
Intuitive Surgical
ISRG
$134B
$41.5M 0.22%
115,521
+26,100
+29% +$8.98M
UNP icon
83
Union Pacific
UNP
$174B
$40.8M 0.21%
161,848
-1,900
-1% -$450K
BLK icon
84
Blackrock
BLK
$176B
$40M 0.21%
43,646
+3,748
+9% +$3.42M
UPS icon
85
United Parcel Service
UPS
$88.9B
$39.4M 0.21%
183,619
+800
+0.4% +$163K
IBM icon
86
IBM
IBM
$224B
$38.3M 0.2%
286,769
+28,592
+11% +$3.59M
MU icon
87
Micron Technology
MU
$991B
$38.1M 0.2%
408,635
+80,872
+25% +$6.31M
RTX icon
88
RTX Corp
RTX
$301B
$37.3M 0.2%
433,474
+32,432
+8% +$2.83M
PM icon
89
Philip Morris
PM
$295B
$37.2M 0.2%
391,951
+600
+0.2% +$56.1K
GS icon
90
Goldman Sachs
GS
$303B
$36.5M 0.19%
95,289
+6,106
+7% +$2.42M
HON icon
91
Honeywell
HON
$78B
$36.1M 0.19%
183,898
– –
C icon
92
Citigroup
C
$226B
$35.8M 0.19%
592,036
+45,022
+8% +$2.99M
TGT icon
93
Target
TGT
$68B
$35.5M 0.19%
153,379
+5,836
+4% +$1.42M
MS icon
94
Morgan Stanley
MS
$340B
$35.5M 0.19%
361,422
-5,100
-1% -$508K
AMGN icon
95
Amgen
AMGN
$222B
$35.5M 0.19%
157,674
+10,492
+7% +$2.21M
ORCL icon
96
Oracle
ORCL
$423B
$35.4M 0.19%
406,028
-7,600
-2% -$714K
MDT icon
97
Medtronic
MDT
$112B
$35.1M 0.18%
338,837
+1,400
+0.4% +$162K
BIIB icon
98
Biogen
BIIB
$30.7B
$34.9M 0.18%
145,541
+358
+0.2% +$92K
SBUX icon
99
Starbucks
SBUX
$120B
$34.7M 0.18%
297,042
+1,000
+0.3% +$113K
LYV icon
100
Live Nation Entertainment
LYV
$42.1B
$34M 0.18%
284,027
+250,900
+757% +$27M
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 Q4 2021 Portfolio in Review

As of Q4 2021, State of Michigan Retirement System held 1,006 positions worth $19.1B, up 8.5% from $17.6B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

State of Michigan Retirement System's Q4 2021 filing shows 31 new, 699 increased, 152 reduced and 31 closed positions. Its largest new stake was WNS Holdings: 143,000 shares worth $12.6M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $169M.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 19% a quarter earlier, followed by Healthcare and Communication Services.

  • State of Michigan Retirement System's largest Q4 2021 buy was WNS Holdings: 143,000 shares worth $12.6M.
  • State of Michigan Retirement System added most to AT&T in Q4 2021, an estimated $309M increase.
  • State of Michigan Retirement System's biggest Q4 2021 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $169M.
  • State of Michigan Retirement System fully exited Apollo Commercial Real Estate in Q4 2021, selling an estimated $81M.
  • State of Michigan Retirement System's ten largest holdings make up 35% of its $19.1B portfolio in Q4 2021.
  • State of Michigan Retirement System opened 31 new positions and closed 31 in Q4 2021.
  • State of Michigan Retirement System's portfolio value rose 8.5% quarter-over-quarter to $19.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2021, filed 27 Jan 2022.