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
+5.73%
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
$13.1B
AUM Growth
+$123M
Cap. Flow
-$445M
Cap. Flow %
-3.41%
Top 10 Hldgs %
23.98%
Holding
979
New
21
Increased
65
Reduced
843
Closed
24

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
2
AXP icon
American Express
AXP
+$103M
3
WFC icon
Wells Fargo
WFC
+$89.8M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$72.9M
5
VIAB
Viacom Inc. Class B
VIAB
+$46.6M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$267M
2
UNP icon
Union Pacific
UNP
+$117M
3
PCG icon
PG&E
PCG
+$79.7M
4
PYPL icon
PayPal
PYPL
+$76.1M
5
AAPL icon
Apple
AAPL
+$59.9M

Sector Composition

Rank Sector Weight
1 Financials 19.34%
2 Healthcare 14.87%
3 Technology 12.45%
4 Consumer Discretionary 9.65%
5 Communication Services 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TWX
126
DELISTED
Time Warner Inc
TWX
$17.7M 0.14%
273,403
-21,300
-7% -$1.49M
OXY icon
127
Occidental Petroleum
OXY
$55.9B
$17.7M 0.14%
261,685
-14,725
-5% -$1.06M
WAT icon
128
Waters Corp
WAT
$39.9B
$17.4M 0.13%
129,524
-94,700
-42% -$12.2M
STJ
129
DELISTED
St Jude Medical
STJ
$17.3M 0.13%
279,983
-303,000
-52% -$19.1M
CRM icon
130
Salesforce
CRM
$158B
$17.3M 0.13%
220,484
-3,300
-1% -$258K
EMC
131
DELISTED
EMC CORPORATION
EMC
$17M 0.13%
663,154
-32,200
-5% -$836K
WPC icon
132
W.P. Carey
WPC
$16.4B
$16.9M 0.13%
292,006
+7,147
+3% +$429K
COF icon
133
Capital One
COF
$134B
$16.7M 0.13%
231,951
-13,900
-6% -$1.06M
NFLX icon
134
Netflix
NFLX
$309B
$16.7M 0.13%
1,461,620
-78,000
-5% -$891K
PNC icon
135
PNC Financial Services
PNC
$101B
$16.6M 0.13%
173,692
-11,800
-6% -$1.1M
GM icon
136
General Motors
GM
$76.8B
$16.5M 0.13%
484,400
-34,100
-7% -$1.18M
MS icon
137
Morgan Stanley
MS
$340B
$16.4M 0.13%
516,555
-33,800
-6% -$1.12M
NEE icon
138
NextEra Energy
NEE
$177B
$16.4M 0.13%
630,212
-33,200
-5% -$840K
GSK icon
139
GSK
GSK
$106B
$16.3M 0.12%
323,200
– –
TJX icon
140
TJX Companies
TJX
$178B
$16.2M 0.12%
457,972
-29,200
-6% -$1.04M
ADBE icon
141
Adobe
ADBE
$105B
$16M 0.12%
170,565
-8,500
-5% -$764K
KMB icon
142
Kimberly-Clark
KMB
$36.5B
$15.8M 0.12%
124,138
-7,300
-6% -$876K
KR icon
143
Kroger
KR
$34.8B
$15.6M 0.12%
372,628
-12,000
-3% -$465K
BNY
144
Bank of New York Mellon
BNY
$107B
$15.4M 0.12%
373,832
-26,000
-7% -$1.09M
IJR icon
145
iShares Core S&P Small-Cap ETF
IJR
$112B
$15.3M 0.12%
278,000
-10,000
-3% -$564K
TGT icon
146
Target
TGT
$68B
$15.3M 0.12%
210,678
-16,400
-7% -$1.22M
ZVO
147
DELISTED
Zovio Inc. Common Stock
ZVO
$15.2M 0.12%
1,999,000
– –
APOL
148
DELISTED
Apollo Education Group Inc Class A
APOL
$15M 0.12%
1,957,047
-44,124
-2% -$365K
MON
149
DELISTED
Monsanto Co
MON
$14.8M 0.11%
150,435
-18,700
-11% -$1.76M
KHC icon
150
Kraft Heinz
KHC
$30B
$14.8M 0.11%
203,402
-11,200
-5% -$826K
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 Q4 2015 Portfolio in Review

As of Q4 2015, State of Michigan Retirement System held 979 positions worth $13.1B, up 0.95% from $12.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System withdrew a net $445M in Q4 2015, closing 24 positions and reducing 843 holdings. Its most notable exit was Chubb, an estimated $15.2M position sold in full.

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

Against the trend, State of Michigan Retirement System opened a new position in Alphabet (Google) Class A worth $221M.

  • State of Michigan Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 5,686,360 shares worth $221M.
  • State of Michigan Retirement System added most to American Express in Q4 2015, an estimated $103M increase.
  • State of Michigan Retirement System's biggest Q4 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $267M.
  • State of Michigan Retirement System fully exited Chubb in Q4 2015, selling an estimated $15.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2015.
  • State of Michigan Retirement System opened 21 new positions and closed 24 in Q4 2015.
  • State of Michigan Retirement System's portfolio value rose 0.95% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2015, filed 1 Feb 2016.