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
AGN
126
DELISTED
Allergan Inc
AGN
$21.7M 0.15%
121,806
-100
-0.1% -$16.6K
ESRX
127
DELISTED
Express Scripts Holding Company
ESRX
$21.6M 0.15%
305,628
-11,100
-4% -$791K
LOW icon
128
Lowe's Companies
LOW
$125B
$21.4M 0.15%
404,695
-4,000
-1% -$202K
FCX icon
129
Freeport-McMoran
FCX
$97.5B
$21.2M 0.15%
649,943
+300
+0% +$10.9K
APC
130
DELISTED
Anadarko Petroleum
APC
$21M 0.15%
207,387
+400
+0.2% +$43.1K
SPG icon
131
Simon Property Group
SPG
$72.3B
$21M 0.15%
127,442
+100
+0.1% +$16.8K
BAC.WS.B
132
DELISTED
Bank Of America Corporation Ws B
BAC.WS.B
$20.9M 0.15%
+21,808,900
New +$17.6M
LAMR icon
133
Lamar Advertising Co
LAMR
$16.3B
$20.9M 0.14%
424,000
+7,100
+2% +$366K
TXN icon
134
Texas Instruments
TXN
$261B
$20.9M 0.14%
437,614
-4,700
-1% -$225K
TRV icon
135
Travelers Companies
TRV
$80.2B
$20.8M 0.14%
220,967
+5,961
+3% +$556K
CA
136
DELISTED
CA, Inc.
CA
$20M 0.14%
716,624
+585,900
+448% +$16.7M
HE icon
137
Hawaiian Electric Industries
HE
$2.14B
$20M 0.14%
753,640
+53,800
+8% +$1.34M
CLF icon
138
Cleveland-Cliffs
CLF
$6.99B
$19.9M 0.14%
1,919,705
+210,500
+12% +$3.22M
TMO icon
139
Thermo Fisher Scientific
TMO
$220B
$19.9M 0.14%
163,503
– –
APEI icon
140
American Public Education
APEI
$940M
$19.6M 0.14%
+725,000
New +$22.8M
LO
141
DELISTED
LORILLARD INC COM STK
LO
$19.5M 0.14%
325,076
-35,400
-10% -$2.15M
DHR icon
142
Danaher
DHR
$144B
$19M 0.13%
371,796
+5,059
+1% +$260K
ITW icon
143
Illinois Tool Works
ITW
$84.5B
$18.8M 0.13%
222,395
-6,000
-3% -$519K
PSX icon
144
Phillips 66
PSX
$81.4B
$18.6M 0.13%
229,103
-2,800
-1% -$233K
C.WS.A
145
DELISTED
Citigroup Inc
C.WS.A
$18.5M 0.13%
19,500,000
+18,269,650
+1,485% +$14.2M
MCK icon
146
McKesson
MCK
$101B
$18.5M 0.13%
94,953
+500
+0.5% +$96.2K
VE
147
DELISTED
VEOLIA ENVIRONNEMENT
VE
$18.3M 0.13%
1,044,376
– –
GLNG icon
148
Golar LNG
GLNG
$5.13B
$18.1M 0.13%
273,000
– –
KMP
149
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
$18.1M 0.13%
194,200
+7,000
+4% +$623K
BNY
150
Bank of New York Mellon
BNY
$107B
$18M 0.12%
463,932
-8,564,494
-95% -$333M
4 5
6
7 8

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.