STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q2 2020
Top Holdings931 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
APPLE INC | 1.5M | $548.1M | 4.8% | $50.12 | +76.03% | 6 qtrssince 2019-Q1 | Increased 60 |
MICROSOFT CORP | 2.7M | $544.7M | 4.8% | $117.33 | +61.47% | 6 qtrssince 2019-Q1 | Increased 62 |
AMAZON.COM INC | 134,983 | $372.4M | 3.3% | $91.76 | +46.06% | 6 qtrssince 2019-Q1 | Increased 61 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 1.1M | $349M | 3.1% | $255.16 | +10.47% | 6 qtrssince 2019-Q1 | Decreased 0 |
ISHARES IBOXX INVESTMENT GRA | 1.4M | $183.7M | 1.6% | $107.75 | 0.00% | 1 qtr | New 70 |
ISHARES TR | 1.5M | $175.1M | 1.5% | $98.07 | +0.36% | 2 qtrssince 2020-Q1 | Increased 77 |
VISA INC-CLASS A SHARES | 905,349 | $174.9M | 1.5% | $151.42 | +21.92% | 6 qtrssince 2019-Q1 | Increased 51 |
META PLATFORMS INC-CLASS A | 734,157 | $166.7M | 1.5% | $165.48 | +32.41% | 6 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC-CL A | 110,679 | $156.9M | 1.4% | $58.38 | +18.76% | 6 qtrssince 2019-Q1 | Decreased 0 |
HOME DEPOT INC | 581,556 | $145.7M | 1.3% | $182.06 | +18.41% | 6 qtrssince 2019-Q1 | Increased 68 |
CVS HEALTH CORPORATION | 1.9M | $126.1M | 1.1% | $51.38 | +3.39% | 6 qtrssince 2019-Q1 | Increased 77 |
BERKSHIRE HATHAWAY INC-CL B | 691,942 | $123.5M | 1.1% | $201.83 | -12.21% | 6 qtrssince 2019-Q1 | Decreased 0 |
ATHENE HLDG LTD | 3.9M | $121.6M | 1.1% | — | — | 4 qtrssince 2019-Q3 | Unchanged 0 |
JOHNSON & JOHNSON | 858,387 | $120.7M | 1.1% | $116.67 | +2.00% | 6 qtrssince 2019-Q1 | Increased 52 |
JPMORGAN CHASE & CO | 1.3M | $120.2M | 1.1% | $81.75 | -2.40% | 6 qtrssince 2019-Q1 | Decreased 0 |
SIMON PROPERTY GROUP INC | 1.7M | $114.4M | 1.0% | $44.48 | +11.24% | 6 qtrssince 2019-Q1 | Decreased 0 |
INTEL CORP | 1.8M | $109M | 1.0% | $47.48 | +9.40% | 6 qtrssince 2019-Q1 | Increased 51 |
UNITEDHEALTH GROUP INC | 367,215 | $108.3M | 0.9% | $226.86 | +16.82% | 6 qtrssince 2019-Q1 | Increased 43 |
MASTERCARD INC - A | 364,764 | $107.9M | 0.9% | $230.11 | +23.25% | 6 qtrssince 2019-Q1 | Increased 45 |
PROCTER & GAMBLE CO/THE | 901,796 | $107.8M | 0.9% | $89.39 | +14.10% | 6 qtrssince 2019-Q1 | Increased 53 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $11.4B across 931 positions as of Q2 2020. Top holdings: AAPL (4.8%), MSFT (4.8%), AMZN (3.3%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 3/5.0.
Active quarter - 28 new positions, 40 exits, 829 increased. Top move: AGG (INCREASED, conviction 77). Portfolio: $11.4B across 931 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