STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q2 2019
Top Holdings948 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
AGNC INVESTMENT CORP | 26.5M | $445.4M | 4.0% | $7.05 | -3.48% | 2 qtrssince 2019-Q1 | Increased 63 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 1.2M | $342.3M | 3.1% | $255.16 | +4.23% | 2 qtrssince 2019-Q1 | Decreased 0 |
MICROSOFT CORP | 2.5M | $339M | 3.1% | $110.82 | +14.00% | 2 qtrssince 2019-Q1 | Decreased 0 |
ANNALY MORTGAGE MANAGEMENT | 33.1M | $302.3M | 2.7% | — | — | — | — |
APPLE INC | 1.2M | $234.1M | 2.1% | $45.22 | +4.60% | 2 qtrssince 2019-Q1 | Decreased 0 |
AMAZON.COM INC | 122,802 | $232.5M | 2.1% | $89.04 | +6.33% | 2 qtrssince 2019-Q1 | Decreased 0 |
JPMORGAN CHASE & CO | 1.5M | $166.1M | 1.5% | $83.49 | +11.29% | 2 qtrssince 2019-Q1 | Decreased 0 |
RITHM CAPITAL CORP | 10.2M | $156.3M | 1.4% | $8.63 | -3.24% | 2 qtrssince 2019-Q1 | Unchanged 0 |
BERKSHIRE HATHAWAY INC-CL B | 711,999 | $151.8M | 1.4% | $200.89 | +6.11% | 2 qtrssince 2019-Q1 | Decreased 0 |
| 11.9M | $150.5M | 1.4% | — | — | 2 qtrssince 2019-Q1 | Unchanged 0 | |
VISA INC-CLASS A SHARES | 839,144 | $145.6M | 1.3% | $148.12 | +11.29% | 2 qtrssince 2019-Q1 | Decreased 0 |
META PLATFORMS INC-CLASS A | 698,974 | $134.9M | 1.2% | $165.53 | +15.79% | 2 qtrssince 2019-Q1 | Decreased 0 |
HOME DEPOT INC | 620,028 | $128.9M | 1.2% | $162.77 | +9.14% | 2 qtrssince 2019-Q1 | Decreased 0 |
WALT DISNEY CO/THE | 833,991 | $116.5M | 1.1% | $107.17 | +25.76% | 2 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC-CL A | 106,438 | $115.3M | 1.0% | $58.40 | -8.00% | 2 qtrssince 2019-Q1 | Decreased 0 |
VERIZON COMMUNICATIONS INC | 1.9M | $111.4M | 1.0% | $40.01 | -2.40% | 2 qtrssince 2019-Q1 | Decreased 0 |
APOLLO COML REAL ESTATE FIN | 5.9M | $108.9M | 1.0% | $5.12 | +3.61% | 2 qtrssince 2019-Q1 | Unchanged 0 |
JOHNSON & JOHNSON | 721,864 | $100.5M | 0.9% | $115.59 | +0.32% | 2 qtrssince 2019-Q1 | Decreased 0 |
INTEL CORP | 2M | $97.9M | 0.9% | $46.51 | -10.32% | 2 qtrssince 2019-Q1 | Decreased 0 |
WELLS FARGO & CO | 2M | $94.6M | 0.9% | $39.51 | -1.12% | 2 qtrssince 2019-Q1 | Decreased 0 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $11.1B across 948 positions as of Q2 2019. Top holdings: AGNC (4.0%), SPY (3.1%), MSFT (3.1%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 2.5/5.0.
Active quarter - 16 new positions, 18 exits, 19 increased. Top move: AGNC (INCREASED, conviction 63). Portfolio: $11.1B 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