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
+0.61%
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
+$118M
Cap. Flow
+$149M
Cap. Flow %
1.03%
Top 10 Hldgs %
23.26%
Holding
975
New
24
Increased
657
Reduced
204
Closed
20

Top Buys

Rank Stock Value
1
AFL icon
Aflac
AFL
+$281M
2
JPM icon
JPMorgan Chase
JPM
+$135M
3
WMT icon
Walmart Inc
WMT
+$80.5M
4
COR icon
Cencora
COR
+$73.7M
5
TSLA icon
Tesla
TSLA
+$71.4M

Top Sells

Rank Stock Value
1
VZ icon
Verizon
VZ
+$129M
2
GS icon
Goldman Sachs
GS
+$102M
3
VIAB
Viacom Inc. Class B
VIAB
+$84.8M
4
PEP icon
PepsiCo
PEP
+$80.5M
5
EG icon
Everest Group
EG
+$66.7M

Sector Composition

Rank Sector Weight
1 Financials 20.9%
2 Healthcare 13.71%
3 Technology 12.36%
4 Consumer Discretionary 9.91%
5 Communication Services 8.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MCK icon
126
McKesson
MCK
$101B
$20.4M 0.14%
90,953
+1,100
+1% +$254K
DHR icon
127
Danaher
DHR
$144B
$20.4M 0.14%
355,281
+2,827
+0.8% +$162K
TGT icon
128
Target
TGT
$68B
$20.2M 0.14%
247,678
+2,000
+0.8% +$162K
GSK icon
129
GSK
GSK
$106B
$20.1M 0.14%
386,400
– –
HE icon
130
Hawaiian Electric Industries
HE
$2.14B
$20M 0.14%
674,040
+27,500
+4% +$855K
EMC
131
DELISTED
EMC CORPORATION
EMC
$19.9M 0.14%
753,154
-13,800
-2% -$368K
CAT icon
132
Caterpillar
CAT
$387B
$19.9M 0.14%
234,154
+300
+0.1% +$25.8K
APEI icon
133
American Public Education
APEI
$940M
$19.7M 0.14%
767,000
– –
MON
134
DELISTED
Monsanto Co
MON
$19.7M 0.14%
184,635
-1,800
-1% -$209K
KRFT
135
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
$19.6M 0.14%
229,702
+2,900
+1% +$250K
TWC
136
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
$19.5M 0.14%
109,614
+1,300
+1% +$215K
PNC icon
137
PNC Financial Services
PNC
$101B
$19.2M 0.13%
200,892
– –
LAMR icon
138
Lamar Advertising Co
LAMR
$16.3B
$19.2M 0.13%
333,900
+500
+0.1% +$29.8K
STJ
139
DELISTED
St Jude Medical
STJ
$19.1M 0.13%
261,583
-21,100
-7% -$1.52M
ZVO
140
DELISTED
Zovio Inc. Common Stock
ZVO
$19.1M 0.13%
1,999,000
– –
AVY icon
141
Avery Dennison
AVY
$13.4B
$19M 0.13%
312,050
+277,100
+793% +$16.1M
EOG icon
142
EOG Resources
EOG
$70.7B
$18.6M 0.13%
212,860
+1,300
+0.6% +$120K
BNY
143
Bank of New York Mellon
BNY
$107B
$18.3M 0.13%
434,932
+5,200
+1% +$222K
GM icon
144
General Motors
GM
$76.8B
$17.5M 0.12%
523,600
+1,800
+0.3% +$64.2K
IJR icon
145
iShares Core S&P Small-Cap ETF
IJR
$112B
$17.4M 0.12%
296,000
-4,000
-1% -$237K
FDX icon
146
FedEx
FDX
$75.4B
$17.4M 0.12%
102,196
+600
+0.6% +$104K
AET
147
DELISTED
Aetna Inc
AET
$17.3M 0.12%
135,482
-200
-0.1% -$22.8K
BLK icon
148
Blackrock
BLK
$176B
$17M 0.12%
49,260
+300
+0.6% +$109K
PSX icon
149
Phillips 66
PSX
$81.4B
$16.9M 0.12%
210,303
+600
+0.3% +$47.7K
NEE icon
150
NextEra Energy
NEE
$177B
$16.9M 0.12%
689,012
+4,800
+0.7% +$122K
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 Q2 2015 Portfolio in Review

As of Q2 2015, State of Michigan Retirement System held 975 positions worth $14.4B, up 0.83% from $14.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Trading was light in Q2 2015: portfolio turnover was 4.5%. State of Michigan Retirement System opened 24 new positions and exited 20, leaving the 975-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 18% a quarter earlier, followed by Healthcare and Technology.

  • State of Michigan Retirement System's largest Q2 2015 buy was Balchem Corp: 220,000 shares worth $12.3M.
  • State of Michigan Retirement System added most to Aflac in Q2 2015, an estimated $281M increase.
  • State of Michigan Retirement System's biggest Q2 2015 reduction was Verizon, cutting an estimated $129M.
  • State of Michigan Retirement System fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $26.4M.
  • State of Michigan Retirement System's ten largest holdings make up 23% of its $14.4B portfolio in Q2 2015.
  • State of Michigan Retirement System opened 24 new positions and closed 20 in Q2 2015.
  • State of Michigan Retirement System's portfolio value rose 0.83% quarter-over-quarter to $14.4B.

Based on State of Michigan Retirement System's 13F filing for Q2 2015, filed 3 Aug 2015.