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
+10.34%
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
+$1.68B
Cap. Flow
+$510M
Cap. Flow %
3.89%
Top 10 Hldgs %
24.46%
Holding
970
New
17
Increased
485
Reduced
329
Closed
22

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$208M
2
EXC icon
Exelon
EXC
+$156M
3
BNY
Bank of New York Mellon
BNY
+$144M
4
IBM icon
IBM
IBM
+$75.6M
5
AZO icon
AutoZone
AZO
+$72.4M

Top Sells

Rank Stock Value
1
SCHW
Charles Schwab
SCHW
+$169M
2
TEVA icon
Teva Pharmaceuticals
TEVA
+$60.2M
3
AAPL icon
Apple
AAPL
+$54.6M
4
AIG icon
American International
AIG
+$49.9M
5
AEO icon
American Eagle Outfitters
AEO
+$27.4M

Sector Composition

Rank Sector Weight
1 Financials 16.68%
2 Healthcare 13.73%
3 Technology 12.21%
4 Consumer Discretionary 8.93%
5 Consumer Staples 8.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BAX icon
151
Baxter International
BAX
$14.2B
$15.3M 0.12%
406,196
-184
-0% -$6.67K
D icon
152
Dominion Energy
D
$59.3B
$15.3M 0.12%
236,013
+500
+0.2% +$32.2K
MCK icon
153
McKesson
MCK
$101B
$15.1M 0.12%
93,353
-75,000
-45% -$11.5M
NEE icon
154
NextEra Energy
NEE
$177B
$15M 0.11%
700,212
+9,200
+1% +$194K
WPC icon
155
W.P. Carey
WPC
$16.4B
$14.9M 0.11%
248,103
– –
SO icon
156
Southern Company
SO
$107B
$14.7M 0.11%
358,490
+3,000
+0.8% +$124K
KMP
157
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
$14.7M 0.11%
182,200
+18,700
+11% +$1.51M
ETN icon
158
Eaton
ETN
$174B
$14.7M 0.11%
192,896
+100
+0.1% +$7.12K
LUMN icon
159
Lumen
LUMN
$6.44B
$14.5M 0.11%
456,451
+12,000
+3% +$383K
JCI icon
160
Johnson Controls International
JCI
$92.2B
$14.3M 0.11%
265,912
+191
+0.1% +$9.4K
LO
161
DELISTED
LORILLARD INC COM STK
LO
$14.2M 0.11%
279,876
-2,300
-0.8% -$115K
CAG icon
162
Conagra Brands
CAG
$7.23B
$14.1M 0.11%
536,558
+315,981
+143% +$7.9M
NGG icon
163
National Grid
NGG
$81.3B
$13.9M 0.11%
220,814
– –
NOV icon
164
NOV
NOV
$7B
$13.8M 0.11%
192,977
+111
+0.1% +$8.07K
DTV
165
DELISTED
DIRECTV COM STK (DE)
DTV
$13.7M 0.1%
198,708
-9,000
-4% -$576K
YUM icon
166
Yum! Brands
YUM
$41.1B
$13.7M 0.1%
251,896
-557
-0.2% -$28.7K
AGN
167
DELISTED
Allergan Inc
AGN
$13.4M 0.1%
120,806
+100
+0.1% +$9.55K
STT icon
168
State Street
STT
$50.7B
$13.1M 0.1%
178,445
-3,000
-2% -$210K
NCMI icon
169
National CineMedia
NCMI
$378M
$13M 0.1%
65,200
– –
EWD icon
170
iShares MSCI Sweden ETF
EWD
$595M
$12.9M 0.1%
360,000
– –
GIS icon
171
General Mills
GIS
$19.7B
$12.9M 0.1%
257,818
-448,415
-63% -$22.3M
AMT icon
172
American Tower
AMT
$80.4B
$12.8M 0.1%
160,430
-200
-0.1% -$15.5K
COV
173
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
$12.7M 0.1%
186,990
-100
-0.1% -$6.51K
RSG icon
174
Republic Services
RSG
$66B
$12.7M 0.1%
382,840
-600
-0.2% -$20.3K
AFL icon
175
Aflac
AFL
$63.4B
$12.7M 0.1%
379,018
+600
+0.2% +$19.7K
5 6
7
8 9

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 2013 Portfolio in Review

As of Q4 2013, State of Michigan Retirement System held 970 positions worth $13.1B, up 15% from $11.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Michigan Retirement System deployed $510M of net new capital in Q4 2013, opening 17 new positions and adding to 485 existing holdings. Its largest new stake was Apollo Education Group Inc Class A: 2,034,989 shares worth $55.6M.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was Charles Schwab, an estimated $169M trimmed.

  • State of Michigan Retirement System's largest Q4 2013 buy was Apollo Education Group Inc Class A: 2,034,989 shares worth $55.6M.
  • State of Michigan Retirement System added most to State Street SPDR S&P 500 ETF Trust in Q4 2013, an estimated $208M increase.
  • State of Michigan Retirement System's biggest Q4 2013 reduction was Charles Schwab, cutting an estimated $169M.
  • State of Michigan Retirement System fully exited VMware, Inc in Q4 2013, selling an estimated $18.2M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $13.1B portfolio in Q4 2013.
  • State of Michigan Retirement System opened 17 new positions and closed 22 in Q4 2013.
  • State of Michigan Retirement System's portfolio value rose 15% quarter-over-quarter to $13.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2013, filed 7 Feb 2014.