STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q1 2020
Top Holdings943 positions
Microsoft Corp | 2.5M | $392.1M | 4.3% | $111.13 | +34.26% | 5 qtrssince 2019-Q1 | Decreased 0 |
Apple Inc | 1.4M | $366.8M | 4.0% | $48.53 | +26.38% | 5 qtrssince 2019-Q1 | Increased 70 |
SPDR S&P 500 ETF Trust | 1.2M | $298.5M | 3.3% | $253.19 | -6.89% | 5 qtrssince 2019-Q1 | Decreased 0 |
Amazon.com Inc | 126,402 | $246.4M | 2.7% | $88.92 | +9.63% | 5 qtrssince 2019-Q1 | Decreased 0 |
AGNC Investment Corp | 20.2M | $214.1M | 2.4% | $7.05 | -33.76% | 5 qtrssince 2019-Q1 | Decreased 0 |
Facebook Inc | 1.1M | $190.7M | 2.1% | $165.38 | -0.10% | 5 qtrssince 2019-Q1 | Increased 75 |
Visa Inc | 857,244 | $138.1M | 1.5% | $149.56 | +2.79% | 5 qtrssince 2019-Q1 | Decreased 0 |
Exelon Corp | 3.7M | $137M | 1.5% | $26.17 | -20.63% | 5 qtrssince 2019-Q1 | Decreased 0 |
Alphabet Inc | 111,528 | $129.6M | 1.4% | $58.30 | -1.28% | 5 qtrssince 2019-Q1 | Increased 49 |
Berkshire Hathaway Inc | 706,399 | $129.2M | 1.4% | $201.86 | -9.43% | 5 qtrssince 2019-Q1 | Decreased 0 |
JPMorgan Chase & Co | 1.3M | $118.7M | 1.3% | $79.73 | -5.04% | 5 qtrssince 2019-Q1 | Increased 71 |
Johnson & Johnson | 788,764 | $103.4M | 1.1% | $114.69 | -4.35% | 5 qtrssince 2019-Q1 | Decreased 0 |
Athene Holding Ltd | 3.9M | $96.8M | 1.1% | — | — | 3 qtrssince 2019-Q3 | Increased 69 |
Simon Property Group Inc | 1.7M | $94.9M | 1.0% | $42.09 | -8.42% | 5 qtrssince 2019-Q1 | Increased 76 |
UnitedHealth Group Inc | 357,113 | $89.1M | 1.0% | $221.54 | +0.53% | 5 qtrssince 2019-Q1 | Decreased 0 |
UGI Corp | 3.1M | $83.2M | 0.9% | $29.02 | -31.15% | 5 qtrssince 2019-Q1 | Increased 58 |
Mastercard Inc | 342,528 | $82.7M | 0.9% | $225.76 | +3.09% | 5 qtrssince 2019-Q1 | Increased 42 |
Intel Corp | 1.5M | $81M | 0.9% | $46.51 | +3.15% | 5 qtrssince 2019-Q1 | Decreased 0 |
Alphabet Inc | 68,517 | $79.7M | 0.9% | $58.12 | -0.89% | 5 qtrssince 2019-Q1 | Decreased 0 |
Procter & Gamble Co/The | 708,703 | $78M | 0.9% | $85.96 | +8.44% | 5 qtrssince 2019-Q1 | Decreased 0 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $9.1B across 943 positions as of Q1 2020. Top holdings: MSFT (4.3%), AAPL (4.0%), SPY (3.3%). Fund DNA: Steady Compounder. HoldingsIntel Score: 2.5/5.0.
Active quarter - 21 new positions, 25 exits, 34 increased. Top move: SPG (INCREASED, conviction 76). Portfolio: $9.1B across 943 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR