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
+7.59%
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
$15.8B
AUM Growth
+$1.16B
Cap. Flow
+$291M
Cap. Flow %
1.84%
Top 10 Hldgs %
23.66%
Holding
992
New
29
Increased
471
Reduced
331
Closed
17

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$126M
2
BMY icon
Bristol-Myers Squibb
BMY
+$99.7M
3
VZ icon
Verizon
VZ
+$97.5M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$77.6M
5
VST icon
Vistra
VST
+$59.6M

Top Sells

Rank Stock Value
1
PINS icon
Pinterest
PINS
+$83.5M
2
SYK icon
Stryker
SYK
+$45.7M
3
USB icon
US Bancorp
USB
+$43.5M
4
DG icon
Dollar General
DG
+$31.8M
5
V icon
Visa
V
+$31.5M

Sector Composition

Rank Sector Weight
1 Technology 21.72%
2 Healthcare 13.72%
3 Financials 12.03%
4 Consumer Discretionary 9.97%
5 Communication Services 9.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SO icon
176
Southern Company
SO
$107B
$16.5M 0.1%
265,182
-400
-0.2% -$23.9K
XLV icon
177
State Street Health Care Select Sector SPDR ETF
XLV
$43.3B
$16M 0.1%
137,328
+6,100
+5% +$704K
ICE icon
178
Intercontinental Exchange
ICE
$84.4B
$15.7M 0.1%
141,010
-100
-0.1% -$11.3K
PGR icon
179
Progressive
PGR
$125B
$15.6M 0.1%
162,875
-300
-0.2% -$27.3K
COF icon
180
Capital One
COF
$134B
$15.5M 0.1%
122,204
+300
+0.2% +$35.3K
MRSH
181
Marsh
MRSH
$91.5B
$15.5M 0.1%
127,536
– –
SHW icon
182
Sherwin-Williams
SHW
$89.8B
$15.5M 0.1%
63,147
-900
-1% -$214K
D icon
183
Dominion Energy
D
$59.3B
$15.4M 0.1%
202,223
-2,900
-1% -$211K
EQIX icon
184
Equinix
EQIX
$103B
$15.2M 0.1%
22,390
– –
IYM icon
185
iShares US Basic Materials ETF
IYM
$1.02B
$15.1M 0.1%
+120,000
New +$14.3M
DKNG icon
186
DraftKings
DKNG
$11.9B
$15M 0.1%
+245,000
New +$14.7M
ETN icon
187
Eaton
ETN
$174B
$14.7M 0.09%
106,000
-300
-0.3% -$38.7K
AON icon
188
Aon
AON
$76B
$14.5M 0.09%
62,924
-800
-1% -$176K
EDIT icon
189
Editas Medicine
EDIT
$442M
$14.4M 0.09%
343,721
-158,553
-32% -$9.03M
ADI icon
190
Analog Devices
ADI
$190B
$14.4M 0.09%
92,603
-300
-0.3% -$46.1K
ILMN icon
191
Illumina
ILMN
$28.4B
$14.4M 0.09%
38,430
-6,826
-15% -$2.78M
F icon
192
Ford
F
$55.7B
$14.3M 0.09%
1,168,953
-1,900
-0.2% -$21.7K
VRTX icon
193
Vertex Pharmaceuticals
VRTX
$126B
$14M 0.09%
65,234
-200
-0.3% -$43.9K
ECL icon
194
Ecolab
ECL
$79.9B
$14M 0.09%
65,295
-100
-0.2% -$21.3K
BSX icon
195
Boston Scientific
BSX
$71.5B
$13.7M 0.09%
355,665
-4,400
-1% -$167K
HUM icon
196
Humana
HUM
$46.2B
$13.6M 0.09%
32,355
-900
-3% -$359K
EW icon
197
Edwards Lifesciences
EW
$51.7B
$13.5M 0.09%
161,243
– –
AZEK
198
DELISTED
The AZEK Co
AZEK
$13.5M 0.09%
320,000
+30,000
+10% +$1.28M
KLAC icon
199
KLA
KLAC
$259B
$13.3M 0.08%
401,930
-1,000
-0.2% -$30.1K
PTON icon
200
Peloton Interactive
PTON
$2.49B
$13.1M 0.08%
116,477
+19,607
+20% +$2.6M
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 Q1 2021 Portfolio in Review

As of Q1 2021, State of Michigan Retirement System held 992 positions worth $15.8B, up 7.9% from $14.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q1 2021: portfolio turnover was 4.6%. State of Michigan Retirement System opened 29 new positions and exited 17, leaving the 992-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.

  • State of Michigan Retirement System's largest Q1 2021 buy was DraftKings: 245,000 shares worth $15M.
  • State of Michigan Retirement System added most to AT&T in Q1 2021, an estimated $126M increase.
  • State of Michigan Retirement System's biggest Q1 2021 reduction was Stryker, cutting an estimated $45.7M.
  • State of Michigan Retirement System fully exited Pinterest in Q1 2021, selling an estimated $83.5M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $15.8B portfolio in Q1 2021.
  • State of Michigan Retirement System opened 29 new positions and closed 17 in Q1 2021.
  • State of Michigan Retirement System's portfolio value rose 7.9% quarter-over-quarter to $15.8B.

Based on State of Michigan Retirement System's 13F filing for Q1 2021, filed 3 May 2021.