Question 1

How many shares of QUAL does STATE OF MICHIGAN RETIREMENT SYSTEM own?

Accepted Answer

As of 2026-Q2, STATE OF MICHIGAN RETIREMENT SYSTEM holds 419,649 shares of QUAL (ISHARES MSCI USA QUALITY FAC).

Question 2

What is STATE OF MICHIGAN RETIREMENT SYSTEM's QUAL position worth?

Accepted Answer

As of 2026-Q2, STATE OF MICHIGAN RETIREMENT SYSTEM's QUAL position is worth $92.1M.

Question 3

Is STATE OF MICHIGAN RETIREMENT SYSTEM buying or selling QUAL?

Accepted Answer

In 2026-Q2, STATE OF MICHIGAN RETIREMENT SYSTEM increased their QUAL position (+29.3% change in shares).

Question 4

When did STATE OF MICHIGAN RETIREMENT SYSTEM first buy QUAL?

Accepted Answer

Based on available 13F filings, STATE OF MICHIGAN RETIREMENT SYSTEM first reported a position in QUAL in 2020-Q3. They have held the position across 24 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Increased	419,649	+29.3%	$92.1M	0.4%	$219.43	45
2026-Q1	Increased	324,549	+32.4%	$62.3M	0.3%	$202.29	45
2025-Q4	Decreased	245,049	-0.5%	$48.7M	0.2%	$200.10	0
2025-Q3	Increased	246,349	+11.8%	$47.9M	0.2%	$192.77	39
2025-Q2	Increased	220,349	+39.7%	$40.3M	0.2%	$180.59	46
2025-Q1	Decreased	157,750	-0.1%	$27M	0.2%	$168.31	0
2024-Q4	Increased	157,850	+26.6%	$28.1M	0.1%	$176.81	43
2024-Q3	Increased	124,650	+5.3%	$22.3M	0.1%	$176.39	36
2024-Q2	Decreased	118,350	-49.6%	$20.2M	0.1%	$168.05	0
2024-Q1	Increased	234,950	+8.8%	$38.6M	0.2%	$161.41	38
2023-Q4	Increased	215,950	+10.7%	$31.8M	0.2%	$144.18	38
2023-Q3	Decreased	195,150	-5.9%	$25.7M	0.2%	$128.67	0
2023-Q2	Decreased	207,300	-50.9%	$28M	0.2%	$129.74	0
2023-Q1	Decreased	422,300	-8.7%	$52.4M	0.3%	$118.54	0
2022-Q4	Increased	462,350	+19.4%	$52.7M	0.4%	$110.16	41
2022-Q3	Increased	387,300	+6.1%	$40.3M	0.3%	$101.79	37
2022-Q2	Increased	364,900	+82.9%	$40.8M	0.3%	$107.69	54
2022-Q1	Increased	199,550	+27.4%	$26.9M	0.2%	$130.26	43
2021-Q4	Decreased	156,633	-88.4%	$22.8M	0.1%	$138.90	0
2021-Q3	Increased	1.4M	+1495.9%	$178.4M	1.0%	$126.45	77
2021-Q2	Increased	84,850	+29.3%	$11.3M	0.1%	$125.88	35
2021-Q1	Increased	65,600	+44.2%	$8M	0.1%	$114.61	37
2020-Q4	Increased	45,500	+1525.0%	$5.3M	0.0%	$108.47	44
2020-Q3	New	2,800	-	$290,000	0.0%	$96.47	32

QUAL24 quarters

QUAL
24 quarters