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
+6.41%
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
$12.7B
AUM Growth
+$329M
Cap. Flow
-$336M
Cap. Flow %
-2.65%
Top 10 Hldgs %
24.56%
Holding
955
New
11
Increased
21
Reduced
876
Closed
16

Top Buys

Rank Stock Value
1
GILD icon
Gilead Sciences
GILD
+$49.6M
2
CVS icon
CVS Health
CVS
+$43.5M
3
AGNC icon
AGNC Investment
AGNC
+$41M
4
GPMT
Granite Point Mortgage Trust
GPMT
+$26.9M
5
MCHP icon
Microchip Technology
MCHP
+$19.1M

Top Sells

Rank Stock Value
1
HON icon
Honeywell
HON
+$72.5M
2
VR
Validus Hold Ltd
VR
+$39.5M
3
XYZ
Block Inc
XYZ
+$34.6M
4
DIS icon
Walt Disney
DIS
+$33.5M
5
ADBE icon
Adobe
ADBE
+$31.9M

Sector Composition

Rank Sector Weight
1 Financials 19.93%
2 Technology 14.55%
3 Healthcare 13.76%
4 Communication Services 10.45%
5 Industrials 7.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EOG icon
126
EOG Resources
EOG
$71.4B
$18.3M 0.14%
169,528
-5,700
-3% -$574K
FDX icon
127
FedEx
FDX
$74.7B
$18M 0.14%
72,312
-2,600
-3% -$595K
SCHW
128
Charles Schwab
SCHW
$187B
$18M 0.14%
349,737
-11,900
-3% -$559K
AMT icon
129
American Tower
AMT
$79.8B
$17.9M 0.14%
125,726
-4,500
-3% -$642K
AET
130
DELISTED
Aetna Inc
AET
$17.3M 0.14%
95,634
-5,000
-5% -$859K
ELV icon
131
Elevance Health
ELV
$84.9B
$16.9M 0.13%
75,244
-4,400
-6% -$937K
DHR icon
132
Danaher
DHR
$141B
$16.7M 0.13%
202,439
-6,768
-3% -$550K
OXY icon
133
Occidental Petroleum
OXY
$55.7B
$16.5M 0.13%
224,356
-7,700
-3% -$523K
BNY
134
Bank of New York Mellon
BNY
$108B
$16.2M 0.13%
300,148
-13,400
-4% -$714K
CCI icon
135
Crown Castle
CCI
$32.7B
$16M 0.13%
143,874
-4,200
-3% -$453K
AGN
136
DELISTED
Allergan plc
AGN
$15.9M 0.13%
97,456
-4,000
-4% -$718K
RTN
137
DELISTED
Raytheon Company
RTN
$15.9M 0.13%
84,736
-3,300
-4% -$615K
SNAP icon
138
Snap
SNAP
$8.83B
$15.8M 0.12%
1,080,756
– –
AIG icon
139
American International
AIG
$42.4B
$15.7M 0.12%
263,552
-10,600
-4% -$651K
SPG icon
140
Simon Property Group
SPG
$71.9B
$15.6M 0.12%
91,098
-3,200
-3% -$520K
MET icon
141
MetLife
MET
$64.3B
$15.6M 0.12%
308,485
-14,000
-4% -$737K
GM icon
142
General Motors
GM
$76.3B
$15.4M 0.12%
374,720
-23,300
-6% -$1.01M
D icon
143
Dominion Energy
D
$58.8B
$15.3M 0.12%
188,649
-6,300
-3% -$510K
ADP icon
144
Automatic Data Processing
ADP
$109B
$15.2M 0.12%
129,981
-4,900
-4% -$560K
ITW icon
145
Illinois Tool Works
ITW
$84.8B
$15.1M 0.12%
90,397
-3,600
-4% -$574K
DE icon
146
Deere & Co
DE
$166B
$14.7M 0.12%
93,754
-3,300
-3% -$462K
CI icon
147
Cigna
CI
$72.7B
$14.7M 0.12%
72,228
-4,200
-5% -$836K
CME icon
148
CME Group
CME
$95B
$14.6M 0.11%
99,777
-3,400
-3% -$484K
CSX icon
149
CSX Corp
CSX
$93.9B
$14.4M 0.11%
786,093
-45,300
-5% -$802K
PRU icon
150
Prudential Financial
PRU
$41.9B
$14.3M 0.11%
124,332
-5,200
-4% -$584K
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 2017 Portfolio in Review

As of Q4 2017, State of Michigan Retirement System held 955 positions worth $12.7B, up 2.7% from $12.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Trading was light in Q4 2017: portfolio turnover was 2.8%. State of Michigan Retirement System opened 11 new positions and exited 16, leaving the 955-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q4 2017 buy was Granite Point Mortgage Trust: 1,478,739 shares worth $26.2M.
  • State of Michigan Retirement System added most to Gilead Sciences in Q4 2017, an estimated $49.6M increase.
  • State of Michigan Retirement System's biggest Q4 2017 reduction was Validus Hold Ltd, cutting an estimated $39.5M.
  • State of Michigan Retirement System fully exited Honeywell in Q4 2017, selling an estimated $72.5M.
  • State of Michigan Retirement System's ten largest holdings make up 25% of its $12.7B portfolio in Q4 2017.
  • State of Michigan Retirement System opened 11 new positions and closed 16 in Q4 2017.
  • State of Michigan Retirement System's portfolio value rose 2.7% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q4 2017, filed 1 Feb 2018.