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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
+6.32%
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
$12.9B
AUM Growth
+$331M
Cap. Flow
-$338M
Cap. Flow %
-2.62%
Top 10 Hldgs %
25.74%
Holding
977
New
19
Increased
588
Reduced
263
Closed
32

Top Buys

Rank Stock Value
1
PG icon
Procter & Gamble
PG
+$100M
2
DIS icon
Walt Disney
DIS
+$63.1M
3
SHW icon
Sherwin-Williams
SHW
+$57.5M
4
ZTS icon
Zoetis
ZTS
+$35.8M
5
CELG
Celgene Corp
CELG
+$33.7M

Top Sells

Rank Stock Value
1
STZ icon
Constellation Brands
STZ
+$53.2M
2
TMO icon
Thermo Fisher Scientific
TMO
+$51.1M
3
CVS icon
CVS Health
CVS
+$49.2M
4
BMY icon
Bristol-Myers Squibb
BMY
+$48.9M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$48.6M

Sector Composition

Rank Sector Weight
1 Financials 20.57%
2 Technology 14.12%
3 Healthcare 12.64%
4 Communication Services 11.19%
5 Industrials 8.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
COF icon
151
Capital One
COF
$135B
$13.7M 0.11%
157,848
-18,400
-10% -$1.64M
NOC icon
152
Northrop Grumman
NOC
$80.7B
$13.6M 0.11%
57,317
-300
-0.5% -$71.3K
ITW icon
153
Illinois Tool Works
ITW
$84.8B
$13.6M 0.11%
102,497
-800
-0.8% -$103K
SYK icon
154
Stryker
SYK
$129B
$13.4M 0.1%
101,696
+100
+0.1% +$12.6K
YHOO
155
DELISTED
Yahoo Inc
YHOO
$13.4M 0.1%
288,335
+1,300
+0.5% +$58K
GLNG icon
156
Golar LNG
GLNG
$5.19B
$13.3M 0.1%
477,700
– –
EPD icon
157
Enterprise Products Partners
EPD
$82.3B
$13.3M 0.1%
483,000
– –
CME icon
158
CME Group
CME
$95B
$13.3M 0.1%
111,577
+600
+0.5% +$72.2K
ESRX
159
DELISTED
Express Scripts Holding Company
ESRX
$13.1M 0.1%
198,992
-23,700
-11% -$1.63M
JCI icon
160
Johnson Controls International
JCI
$93.6B
$13M 0.1%
308,387
+2,100
+0.7% +$88.8K
HPE icon
161
Hewlett Packard
HPE
$69.4B
$13M 0.1%
940,796
+3,442
+0.4% +$46.3K
OUT icon
162
Outfront Media
OUT
$5.48B
$12.9M 0.1%
493,502
– –
MRSH
163
Marsh
MRSH
$92.2B
$12.5M 0.1%
169,201
+600
+0.4% +$42.9K
CI icon
164
Cigna
CI
$72.7B
$12.4M 0.1%
84,428
+500
+0.6% +$73.7K
RPT
165
Rithm Property Trust
RPT
$94.2M
$12.1M 0.09%
160,427
+56,063
+54% +$4.28M
CTSH icon
166
Cognizant
CTSH
$25.6B
$11.9M 0.09%
199,954
-37,500
-16% -$2.16M
TFC icon
167
Truist Financial
TFC
$64.2B
$11.9M 0.09%
265,561
+200
+0.1% +$9.34K
VEA icon
168
Vanguard FTSE Developed Markets ETF
VEA
$234B
$11.8M 0.09%
300,000
– –
ICE icon
169
Intercontinental Exchange
ICE
$84.1B
$11.7M 0.09%
195,700
+900
+0.5% +$52.7K
PSX icon
170
Phillips 66
PSX
$82.4B
$11.5M 0.09%
144,935
+200
+0.1% +$16.1K
BAC.WS.B
171
DELISTED
Bank Of America Corporation Ws B
BAC.WS.B
$11.4M 0.09%
12,463,400
-10,000,000
-45% -$10.9M
APC
172
DELISTED
Anadarko Petroleum
APC
$11.4M 0.09%
183,627
+800
+0.4% +$53.2K
ATVI
173
DELISTED
Activision Blizzard
ATVI
$11.3M 0.09%
227,244
+3,600
+2% +$158K
GIS icon
174
General Mills
GIS
$19.3B
$11.2M 0.09%
190,538
-2,900
-1% -$177K
TFCFA
175
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
$11.2M 0.09%
345,641
-600
-0.2% -$18.3K
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 Q1 2017 Portfolio in Review

As of Q1 2017, State of Michigan Retirement System held 977 positions worth $12.9B, up 2.6% from $12.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

State of Michigan Retirement System's Q1 2017 filing shows 19 new, 588 increased, 263 reduced and 32 closed positions. Its largest new stake was Archer Daniels Midland: 187,600 shares worth $8.64M. The largest sale was Constellation Brands, an estimated $53.2M.

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

  • State of Michigan Retirement System's largest Q1 2017 buy was Archer Daniels Midland: 187,600 shares worth $8.64M.
  • State of Michigan Retirement System added most to Procter & Gamble in Q1 2017, an estimated $100M increase.
  • State of Michigan Retirement System's biggest Q1 2017 reduction was Constellation Brands, cutting an estimated $53.2M.
  • State of Michigan Retirement System fully exited iShares Core US Aggregate Bond ETF in Q1 2017, selling an estimated $48.6M.
  • State of Michigan Retirement System's ten largest holdings make up 26% of its $12.9B portfolio in Q1 2017.
  • State of Michigan Retirement System opened 19 new positions and closed 32 in Q1 2017.
  • State of Michigan Retirement System's portfolio value rose 2.6% quarter-over-quarter to $12.9B.

Based on State of Michigan Retirement System's 13F filing for Q1 2017, filed 1 May 2017.