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
+8.49%
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
$12.1B
AUM Growth
+$1.06B
Cap. Flow
+$176M
Cap. Flow %
1.45%
Top 10 Hldgs %
21.16%
Holding
973
New
29
Increased
606
Reduced
214
Closed
26

Top Buys

Rank Stock Value
1
UGI icon
UGI
UGI
+$91.7M
2
EXC icon
Exelon
EXC
+$90.8M
3
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$86.9M
4
PINS icon
Pinterest
PINS
+$57.6M
5
TDG icon
TransDigm Group
TDG
+$43.7M

Top Sells

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$92.3M
2
HD icon
Home Depot
HD
+$58M
3
DIS icon
Walt Disney
DIS
+$57.7M
4
HON icon
Honeywell
HON
+$53.2M
5
IBM icon
IBM
IBM
+$50.8M

Sector Composition

Rank Sector Weight
1 Technology 17.7%
2 Financials 14.22%
3 Healthcare 12.86%
4 Real Estate 10.39%
5 Industrials 8.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ITW icon
176
Illinois Tool Works
ITW
$84.5B
$12.7M 0.1%
70,697
-197,500
-74% -$33.5M
XLV icon
177
State Street Health Care Select Sector SPDR ETF
XLV
$42.7B
$12.7M 0.1%
+124,600
New +$12M
ICE icon
178
Intercontinental Exchange
ICE
$84.4B
$12.5M 0.1%
134,700
– –
NSC icon
179
Norfolk Southern
NSC
$75.1B
$12.2M 0.1%
63,049
-300
-0.5% -$56.3K
EQIX icon
180
Equinix
EQIX
$103B
$12M 0.1%
20,638
+200
+1% +$112K
PSX icon
181
Phillips 66
PSX
$81.4B
$12M 0.1%
107,435
-400
-0.4% -$44.9K
AON icon
182
Aon
AON
$76B
$11.8M 0.1%
56,647
-100
-0.2% -$19.8K
ILMN icon
183
Illumina
ILMN
$28.4B
$11.8M 0.1%
36,556
+206
+0.6% +$62.4K
EOG icon
184
EOG Resources
EOG
$70.7B
$11.8M 0.1%
140,728
+1,200
+0.9% +$87.9K
EW icon
185
Edwards Lifesciences
EW
$51.7B
$11.8M 0.1%
151,368
+1,500
+1% +$117K
HUM icon
186
Humana
HUM
$46.2B
$11.7M 0.1%
32,026
-500
-2% -$159K
ECL icon
187
Ecolab
ECL
$79.9B
$11.7M 0.1%
60,629
+400
+0.7% +$75.9K
SHW icon
188
Sherwin-Williams
SHW
$89.8B
$11.6M 0.1%
59,673
+600
+1% +$114K
COF icon
189
Capital One
COF
$134B
$11.6M 0.1%
112,648
-400
-0.4% -$38.5K
KMB icon
190
Kimberly-Clark
KMB
$36.5B
$11.4M 0.09%
82,946
+200
+0.2% +$27.1K
AEP icon
191
American Electric Power
AEP
$68.4B
$11.3M 0.09%
119,481
+800
+0.7% +$73.9K
EMR icon
192
Emerson Electric
EMR
$88.3B
$11.2M 0.09%
147,323
-350,600
-70% -$25.3M
GM icon
193
General Motors
GM
$76.8B
$11.1M 0.09%
304,120
+2,100
+0.7% +$76.3K
EL icon
194
Estee Lauder
EL
$32B
$11.1M 0.09%
53,818
+600
+1% +$117K
SPG icon
195
Simon Property Group
SPG
$72.3B
$11.1M 0.09%
74,198
+100
+0.1% +$15K
ATVI
196
DELISTED
Activision Blizzard
ATVI
$11M 0.09%
185,844
+1,400
+0.8% +$77.5K
AIG icon
197
American International
AIG
$41.3B
$10.8M 0.09%
210,352
+1,200
+0.6% +$63.6K
WM icon
198
Waste Management
WM
$91B
$10.8M 0.09%
94,378
+500
+0.5% +$56.5K
ADI icon
199
Analog Devices
ADI
$190B
$10.6M 0.09%
89,095
+300
+0.3% +$33.8K
LHX icon
200
L3Harris
LHX
$53.4B
$10.6M 0.09%
53,451
-200
-0.4% -$40.1K
6 7
8
9 10

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 2019 Portfolio in Review

As of Q4 2019, State of Michigan Retirement System held 973 positions worth $12.1B, up 9.6% from $11B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

State of Michigan Retirement System's Q4 2019 filing shows 29 new, 606 increased, 214 reduced and 26 closed positions. Its largest new stake was Pinterest: 2,666,569 shares worth $49.7M. The largest sale was JPMorgan Chase, an estimated $92.3M.

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

  • State of Michigan Retirement System's largest Q4 2019 buy was Pinterest: 2,666,569 shares worth $49.7M.
  • State of Michigan Retirement System added most to UGI in Q4 2019, an estimated $91.7M increase.
  • State of Michigan Retirement System's biggest Q4 2019 reduction was JPMorgan Chase, cutting an estimated $92.3M.
  • State of Michigan Retirement System fully exited Celgene Corp in Q4 2019, selling an estimated $16.9M.
  • State of Michigan Retirement System's ten largest holdings make up 21% of its $12.1B portfolio in Q4 2019.
  • State of Michigan Retirement System opened 29 new positions and closed 26 in Q4 2019.
  • State of Michigan Retirement System's portfolio value rose 9.6% quarter-over-quarter to $12.1B.

Based on State of Michigan Retirement System's 13F filing for Q4 2019, filed 24 Jan 2020.