STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q1 2022
Top Holdings948 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 4.2M | $1.9B | 10.9% | $370.51 | +17.47% | 13 qtrssince 2019-Q1 | Decreased 0 |
APPLE INC | 4.8M | $833.3M | 4.8% | $100.32 | +70.22% | 13 qtrssince 2019-Q1 | Decreased 0 |
MICROSOFT CORP | 2.5M | $776.3M | 4.5% | $134.57 | +126.13% | 13 qtrssince 2019-Q1 | Decreased 0 |
AT&T INC | 23.4M | $552.1M | 3.2% | $15.19 | -4.23% | 13 qtrssince 2019-Q1 | Increased 57 |
META PLATFORMS INC-CLASS A | 2.1M | $474M | 2.7% | $212.54 | +6.46% | 13 qtrssince 2019-Q1 | Increased 87 |
AMAZON.COM INC | 141,536 | $461.4M | 2.7% | $96.45 | +72.41% | 13 qtrssince 2019-Q1 | Decreased 0 |
ISHARES IBOXX INVESTMENT GRA | 3.6M | $433.1M | 2.5% | $106.52 | -5.16% | 8 qtrssince 2020-Q2 | Increased 69 |
ISHARES TR | 3.4M | $361.9M | 2.1% | $97.53 | -5.60% | 9 qtrssince 2020-Q1 | Increased 58 |
ALPHABET INC-CL A | 115,329 | $320.8M | 1.9% | $64.67 | +117.84% | 13 qtrssince 2019-Q1 | Increased 49 |
BRISTOL-MYERS SQUIBB CO | 4.4M | $318.8M | 1.8% | $49.15 | +24.04% | 13 qtrssince 2019-Q1 | Decreased 0 |
ISHARES MSCI USA MOMENTUM FA | 1.7M | $294.4M | 1.7% | $155.89 | +4.36% | 7 qtrssince 2020-Q3 | Increased 52 |
NVIDIA CORP | 884,506 | $241.3M | 1.4% | $17.64 | +56.65% | 13 qtrssince 2019-Q1 | Increased 51 |
TESLA INC | 211,219 | $227.6M | 1.3% | $237.44 | +53.58% | 6 qtrssince 2020-Q4 | Increased 50 |
ALPHABET INC-CL C | 72,283 | $201.9M | 1.2% | $60.22 | +135.11% | 13 qtrssince 2019-Q1 | Decreased 0 |
VERIZON COMMUNICATIONS INC | 3.6M | $181.3M | 1.0% | $41.50 | -4.17% | 13 qtrssince 2019-Q1 | Increased 48 |
UNITEDHEALTH GROUP INC | 337,519 | $172.1M | 1.0% | $242.98 | +100.94% | 13 qtrssince 2019-Q1 | Increased 44 |
JOHNSON & JOHNSON | 732,724 | $129.9M | 0.8% | $121.05 | +32.80% | 13 qtrssince 2019-Q1 | Increased 42 |
SALESFORCE.COM INC | 572,243 | $121.5M | 0.7% | $208.71 | +1.75% | 13 qtrssince 2019-Q1 | Increased 42 |
MASTERCARD INC - A | 337,181 | $120.5M | 0.7% | $250.42 | +41.28% | 13 qtrssince 2019-Q1 | Increased 43 |
ACCENTURE PLC-CL A | 341,138 | $115M | 0.7% | $182.55 | +75.17% | 13 qtrssince 2019-Q1 | Increased 42 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $17.3B across 948 positions as of Q1 2022. Top holdings: SPY (10.9%), AAPL (4.8%), MSFT (4.5%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 3/5.0.
Active quarter - 12 new positions, 39 exits, 628 increased. Top move: META (INCREASED, conviction 87). Portfolio: $17.3B across 948 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