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
+1.2%
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
$14.4B
AUM Growth
+$114M
Cap. Flow
+$29.4M
Cap. Flow %
0.2%
Top 10 Hldgs %
25.89%
Holding
961
New
10
Increased
526
Reduced
342
Closed
12

Top Buys

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$286M
2
EG icon
Everest Group
EG
+$209M
3
USB icon
US Bancorp
USB
+$113M
4
GS icon
Goldman Sachs
GS
+$95.1M
5
EXC icon
Exelon
EXC
+$71.8M

Top Sells

Rank Stock Value
1
BNY
Bank of New York Mellon
BNY
+$333M
2
PEP icon
PepsiCo
PEP
+$214M
3
BAC icon
Bank of America
BAC
+$107M
4
PCP
PRECISION CASTPARTS CORP
PCP
+$72.2M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$56.8M

Sector Composition

Rank Sector Weight
1 Financials 20.22%
2 Technology 13.26%
3 Healthcare 11.74%
4 Consumer Staples 9.54%
5 Consumer Discretionary 8.52%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VIAB
101
DELISTED
Viacom Inc. Class B
VIAB
$25.2M 0.18%
327,804
-31,800
-9% -$2.62M
GSK icon
102
GSK
GSK
$106B
$25.1M 0.17%
436,800
+32,000
+8% +$1.96M
BKNG icon
103
Booking.com
BKNG
$161B
$24.9M 0.17%
538,025
– –
MDT icon
104
Medtronic
MDT
$112B
$24.9M 0.17%
401,544
-7,800
-2% -$496K
NOC icon
105
Northrop Grumman
NOC
$81.2B
$24.8M 0.17%
188,489
-48,500
-20% -$6.12M
MET icon
106
MetLife
MET
$62.1B
$24.8M 0.17%
517,355
-113
-0% -$5.49K
PNC icon
107
PNC Financial Services
PNC
$101B
$24.5M 0.17%
286,492
+2,700
+1% +$230K
EMC
108
DELISTED
EMC CORPORATION
EMC
$24.3M 0.17%
831,654
-7,200
-0.9% -$208K
MON
109
DELISTED
Monsanto Co
MON
$24.2M 0.17%
215,035
+300
+0.1% +$35.1K
PAGP icon
110
Plains GP Holdings
PAGP
$4.9B
$24.1M 0.17%
295,118
+1,239
+0.4% +$101K
BRK.A icon
111
Berkshire Hathaway Class A
BRK.A
$1.12T
$24M 0.17%
116
– –
ANF icon
112
Abercrombie & Fitch
ANF
$5B
$23.9M 0.17%
657,400
-400
-0.1% -$16.3K
ETN icon
113
Eaton
ETN
$174B
$23.7M 0.16%
374,096
+42,800
+13% +$3.04M
MDLZ icon
114
Mondelez International
MDLZ
$79.9B
$23.7M 0.16%
691,108
-2,000
-0.3% -$72.9K
SBUX icon
115
Starbucks
SBUX
$120B
$23.2M 0.16%
615,964
-1,000
-0.2% -$38.7K
CL icon
116
Colgate-Palmolive
CL
$74.4B
$23M 0.16%
351,944
-4,400
-1% -$290K
ZVO
117
DELISTED
Zovio Inc. Common Stock
ZVO
$22.6M 0.16%
2,029,000
– –
COST icon
118
Costco
COST
$420B
$22.5M 0.16%
179,708
+100
+0.1% +$12.1K
HAL icon
119
Halliburton
HAL
$26.6B
$22.5M 0.16%
348,707
+2,700
+0.8% +$185K
EOG icon
120
EOG Resources
EOG
$70.7B
$22.2M 0.15%
224,460
+500
+0.2% +$54.3K
NCMI icon
121
National CineMedia
NCMI
$378M
$22.1M 0.15%
152,069
+24,369
+19% +$3.73M
RAI
122
DELISTED
Reynolds American Inc
RAI
$21.9M 0.15%
742,388
+75,200
+11% +$2.19M
DGX icon
123
Quest Diagnostics
DGX
$26.3B
$21.8M 0.15%
358,583
+86,000
+32% +$5.3M
CB icon
124
Chubb
CB
$135B
$21.7M 0.15%
206,994
-800
-0.4% -$83.4K
MS icon
125
Morgan Stanley
MS
$340B
$21.7M 0.15%
627,855
+54,400
+9% +$1.81M
3 4
5
6 7

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 Q3 2014 Portfolio in Review

As of Q3 2014, State of Michigan Retirement System held 961 positions worth $14.4B, up 0.8% from $14.3B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Trading was light in Q3 2014: portfolio turnover was 2.3%. State of Michigan Retirement System opened 10 new positions and exited 12, leaving the 961-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q3 2014 buy was American Public Education: 725,000 shares worth $19.6M.
  • State of Michigan Retirement System added most to Wells Fargo in Q3 2014, an estimated $286M increase.
  • State of Michigan Retirement System's biggest Q3 2014 reduction was Bank of New York Mellon, cutting an estimated $333M.
  • State of Michigan Retirement System fully exited Teva Pharmaceuticals in Q3 2014, selling an estimated $31.7M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $14.4B portfolio in Q3 2014.
  • State of Michigan Retirement System opened 10 new positions and closed 12 in Q3 2014.
  • State of Michigan Retirement System's portfolio value rose 0.8% quarter-over-quarter to $14.4B.

Based on State of Michigan Retirement System's 13F filing for Q3 2014, filed 6 Nov 2014.