STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q1 2020
Top Holdings943 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
MICROSOFT CORP | 2.5M | $392.1M | 4.3% | $111.81 | +36.44% | 5 qtrssince 2019-Q1 | Decreased 0 |
APPLE INC | 1.4M | $366.8M | 4.0% | $48.53 | +26.38% | 5 qtrssince 2019-Q1 | Increased 70 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 1.2M | $298.5M | 3.3% | $255.16 | -5.48% | 5 qtrssince 2019-Q1 | Decreased 0 |
AMAZON.COM INC | 126,402 | $246.4M | 2.7% | $88.89 | +10.47% | 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 |
META PLATFORMS INC-CLASS A | 1.1M | $190.7M | 2.1% | $165.48 | -0.41% | 5 qtrssince 2019-Q1 | Increased 75 |
VISA INC-CLASS A SHARES | 857,244 | $138.1M | 1.5% | $149.56 | +2.79% | 5 qtrssince 2019-Q1 | Decreased 0 |
EXELON CORP | 3.7M | $137M | 1.5% | $26.90 | -19.73% | 5 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC-CL A | 111,528 | $129.6M | 1.4% | $58.38 | -2.55% | 5 qtrssince 2019-Q1 | Increased 49 |
BERKSHIRE HATHAWAY INC-CL B | 706,399 | $129.2M | 1.4% | $201.83 | -9.24% | 5 qtrssince 2019-Q1 | Decreased 0 |
JPMORGAN CHASE & CO | 1.3M | $118.7M | 1.3% | $81.75 | -2.88% | 5 qtrssince 2019-Q1 | Increased 71 |
JOHNSON & JOHNSON | 788,764 | $103.4M | 1.1% | $116.47 | -2.93% | 5 qtrssince 2019-Q1 | Decreased 0 |
ATHENE HLDG LTD | 3.9M | $96.8M | 1.1% | — | — | 3 qtrssince 2019-Q3 | Increased 69 |
SIMON PROPERTY GROUP INC | 1.7M | $94.9M | 1.0% | $44.48 | -8.14% | 5 qtrssince 2019-Q1 | Increased 76 |
UNITEDHEALTH GROUP INC | 357,113 | $89.1M | 1.0% | $225.78 | +1.36% | 5 qtrssince 2019-Q1 | Decreased 0 |
UGI CORP NEW | 3.1M | $83.2M | 0.9% | $29.78 | -30.15% | 5 qtrssince 2019-Q1 | Increased 58 |
MASTERCARD INC - A | 342,528 | $82.7M | 0.9% | $226.63 | +8.02% | 5 qtrssince 2019-Q1 | Increased 42 |
INTEL CORP | 1.5M | $81M | 0.9% | $46.51 | +5.76% | 5 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC-CL C | 68,517 | $79.7M | 0.9% | $58.23 | -2.27% | 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 Rating: 3/5.0.
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
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer