STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q1 2024
Top Holdings955 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 3.1M | $1.6B | 8.8% | $371.49 | +37.83% | 21 qtrssince 2019-Q1 | Decreased 0 |
MICROSOFT CORP | 2.5M | $1B | 5.6% | $154.80 | +168.29% | 21 qtrssince 2019-Q1 | Increased 65 |
NVIDIA CORP | 905,506 | $818.2M | 4.4% | $20.22 | +346.56% | 21 qtrssince 2019-Q1 | Increased 58 |
APPLE INC | 4.3M | $739.1M | 4.0% | $101.45 | +67.21% | 21 qtrssince 2019-Q1 | Decreased 0 |
AMAZON.COM INC | 3M | $538.9M | 2.9% | $109.43 | +64.83% | 21 qtrssince 2019-Q1 | Increased 54 |
META PLATFORMS INC-CLASS A | 863,614 | $419.4M | 2.3% | $245.31 | +96.78% | 21 qtrssince 2019-Q1 | Increased 56 |
VERIZON COMMUNICATIONS INC | 8.2M | $344.7M | 1.9% | $35.53 | +3.55% | 21 qtrssince 2019-Q1 | Increased 49 |
AT&T INC | 18.4M | $324M | 1.7% | $14.64 | +8.88% | 21 qtrssince 2019-Q1 | Increased 49 |
ALPHABET INC-CL A | 2.1M | $316M | 1.7% | $95.32 | +57.16% | 21 qtrssince 2019-Q1 | Decreased 0 |
ISHARES MSCI USA MOMENTUM FA | 1.4M | $262.5M | 1.4% | $153.91 | +19.75% | 15 qtrssince 2020-Q3 | Decreased 0 |
ISHARES IBOXX INVESTMENT GRA | 2.2M | $236.6M | 1.3% | $106.52 | -7.85% | 16 qtrssince 2020-Q2 | Unchanged 0 |
BROADCOM INC | 174,466 | $231.2M | 1.2% | $53.34 | +143.10% | 21 qtrssince 2019-Q1 | Increased 50 |
ELI LILLY & CO | 269,704 | $209.8M | 1.1% | $230.28 | +232.13% | 21 qtrssince 2019-Q1 | Increased 54 |
ALPHABET INC-CL C | 1.4M | $209.5M | 1.1% | $95.59 | +58.11% | 21 qtrssince 2019-Q1 | Decreased 0 |
NEXTERA ENERGY INC | 2.8M | $179.7M | 1.0% | — | — | — | — |
ADVANCED MICRO DEVICES | 913,140 | $164.8M | 0.9% | $71.67 | +151.84% | 21 qtrssince 2019-Q1 | Increased 50 |
VISA INC-CLASS A SHARES | 585,523 | $163.4M | 0.9% | $167.29 | +63.71% | 21 qtrssince 2019-Q1 | Decreased 0 |
JPMORGAN CHASE & CO | 792,131 | $158.7M | 0.9% | $83.85 | +128.84% | 21 qtrssince 2019-Q1 | Increased 43 |
MASTERCARD INC - A | 325,981 | $157M | 0.8% | $258.20 | +84.39% | 21 qtrssince 2019-Q1 | Decreased 0 |
BERKSHIRE HATHAWAY INC-CL B | 368,649 | $155M | 0.8% | $217.00 | +93.78% | 21 qtrssince 2019-Q1 | Increased 43 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $18.6B across 955 positions as of Q1 2024. Top holdings: SPY (8.8%), MSFT (5.6%), NVDA (4.4%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 2.5/5.0.
Active quarter - 17 new positions, 20 exits, 604 increased. Top move: MSFT (INCREASED, conviction 65). Portfolio: $18.6B across 955 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.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer